August 262010 Posts

Business / Economic / Financial
[ This link to a somewhat more cumulative blog posts page will precede
current days news since most all topics remain current in terms of impact
and longer-term effect and can be searched by topical index term more
easily. The same is provided since the blog site
http://alpeiablog.blogspot.com has just been censored as to size by
google which is typical for google as nsa / cia / gov¶t shill as more are
becoming aware of. The same is true for microsoft, another co. that¶s seen
their best days and relies on the government to maintain their monopoly.
Up to now the better page http://www.scribd.com/alpeia is provided for
ease of formatting and clarity thereby while the Washington Post page is
the real deal but without formatting http://www.washingtonpost.com/wp-
srv/community/mypost/index.html?plckPersonaPage=PersonaComments&
plckUserId=alpeia&newspaperUserId=alpeia ]
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The Administrative Office of
the U.S. Courts recently reported that bankruptcy filings between April and
June hit a four-year high. Consumer bankruptcies rose 21 percent while
business bankruptcies increased eight percent. The list of corporate
bankruptcies over the last couple of years includes big names like Lehman
Brothers, Washington Mutual, and GM. And financial institutions like Bank
of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC)
received billions of dollars through the federal government's Troubled
Asset Relief Program. Should investors add the U.S. government to that list
of big name bankruptcies? I recently asked Boston University economics
professor Lawrence Kotlikoff, author of !"
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Mac Greer: Larry, I noticed the headline or the title of a recent article that
you wrote,

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h. So with that in mind,
what is your take on the economy these days?
Larry Kotlikoff: Well there is a lot of uncertainty, as rightfully there should
be. We have seen the financial sector implode basically because of the
systematic production and sale of trillions of dollars of fraudulent
securities under the cover of proprietary information, so nobody really had
the ability to look inside big companies like Bear Sterns or Merrill Lynch to
see exactly what they owned or owed. That problem remains today, even
with the passage of Dodd-Frank. There is no requirement that the financial
industry come clean with respect to what it is doing with our money, so
every major financial player says you can't see what we are doing because
we have the Midas touch. We are going to beat the market, and if we show
you, everybody will see our secret formula for making you a mint. As a
result, they have a great cover to produce fraudulent securities. And then
when there is a sniff of fraud, one can easily presume that everything they
are doing is fraudulent, which may not at all be the case. And then there is
a run against those institutions as we saw with Bear Sterns and Lehman
Brothers and all the other ones because of the perception that so much of
their holdings were fraudulent and that their reporting was fraudulent. And
of course the rating companies and the regulators and the boards of
directors and the members of Congress were all, in effect, in bed with each
other to achieve this result. I don't see anything that has fundamentally
changed, so that is one major area of fragility. We could have another
meltdown in the financial market tomorrow because as Dick Fuld [Lehman
former CEO] said, he claims that their balance sheet was just fine and that
this was all just a panic, it was not connected with any facts. Well, he said
that every institution on Wall Street --- Goldman Sachs (NYSE: GS), JP
Morgan (NYSE: JPM) -- could have experienced the same thing. His
concern about this happening to other companies is well taken. So we have
a financial system that is set up to fail again, and we have a fiscal situation
which is a complete and dire mess. It could lead to a financial panic that
could lead to a much bigger meltdown of the financial system than we have
seen.
Greer: Is the U.S. bankrupt?
Kotlikoff: Bankruptcy means not being able to pay your future bills. If you
can't pay your current bills, your creditors are already after you so you
already are bankrupt. If you can't pay your future bills, that really is the
operational definition of going bankrupt or being bankrupt. The U.S.
government can't pay its future bills. These bills, in total, in present value,
exceed the revenues by $202 trillion. This is based on taking the data
projected by CBO (Congressional Budget Office) back on June 26 of this
year, when they put out their alternative fiscal scenario, which is their best
long-term projection of government spending, including servicing the
official debt, and government revenues. And if you present value the
differential between spending and revenues, including extrapolating
beyond their projection which is important to do, you get a fiscal gap of
$202 trillion. To come up with $202 trillion in present value, you'd have to
immediately and permanently double all taxes we have. You'd have to do it
immediately. We're talking here about running a 5% GDP surplus this year
instead of running a 9% deficit. So I don't see that happening. We have to
cut spending or we have to print money. Either way you're cutting
spending so either way you're, in effect, reining in spending promises. And
that suits my definition of bankruptcy. And I think there are ways of cutting
spending and getting our fiscal house in order but we need to engage in
radical surgery here and not putting on the band-aid that this
administration is so fond of.
Greer: One of our Motley Fool writers recently interviewed Euro Pacific
Capital President Peter Schiff. In 2006, he was predicting the economic
downturn, and he now says that we are, "In the early stages of a
depression now. It is going to be a horrific experience for average
Americans who are going to watch their standard of living plunge." Do you
agree?
Kotlikoff: Well, this has been a depression so far for millions of Americans.
It didn't have to happen. It is really man-made. We have the same physical
capital and human capital sitting here in place. We don't have to stay in a
depressed state. The problem is that things are not coordinated. We don't
have buyers optimistic about getting paid salaries and we don't have
sellers optimistic about being able to find buyers, so everybody is kind of
sitting on their hands. We can have some, a bunch of KISS's, which are
"keep it simple, stupid" solutions to our problems, and lots of people
throughout the country realize this, that we need to fix things
fundamentally. We can't do it with 2,000 page bills that make bureaucratic
structures that are basically clogging up our economic arteries, even more
bureaucratic«
"%, h $$#%- *% Critical levels of support were

broken Thursday for the Dow Industrials 30 (10K, psychological) and S&P
500 (1050). There's a day left in the week when GDP and Confidence data
will be delivered and Bernanke will speak. This makes tomorrow's action
(notwithstanding a possible Fed surprise before the open Monday) where
bulls must fight to hold things together. It's getting that serious. Jobless
Claims were better than forecast but through it all they're still just crawling
along the ocean floor. But, it gave bulls a headline to boost things early
only to see conviction fade later as selling took hold. The Fed also
launched another POMO of only $1.4 billion which gave Primary Dealers
some cash to work with. What's the point? The Treasury sells and the Fed
buys--a silly Keynesian Ponzi Scheme that accomplishes what? «
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Y DJIA down 74 (-0.7%) to 9,986

Y S&P 500 down 8 (-0.7%) to 1,047
Y Nasdaq down 22.9 (-1%) to 2,119
GLOBAL SENTIMENT
Y Hang Seng down 0.11%

Y Nikkei up 0.69%
Y FTSE up 0.91%
UPSIDE MOVERS
(+) F details expansion in India, Thailand.
(+) BOBE hikes dividend.
(+) BW gets analyst upgrade.
(+) MNTA gets favorable judge ruling in Sanofi-Aventis case.
(+) ALXA getting payment related to Staccato license.
(+) NFLX app now on iPhone, iPod Touch.
(+) PAYX upgraded.
DOWNSIDE MOVERS
(-) GES extending evening declines that followed mixed guidance, earnings
beat.
(-) APWR misses revenue expectations, backs guidance.
(-) SCON prices shares.
(-) FRED reports Q2 results that top the year-ago quarter, match
expectations.
(-) PAR gains then falls amid Dell's (DELL) increased $24.30 per share offer.
(-) GIGM swings to loss.
(-) TRMA files bankruptcy.
MARKET DIRECTION
Stocks end lower as the major indexes give up early-session gains.
Investors were initially charged, following favorable jobless claims data,
but couldn't shake bearish concerns that have bedeviled the market over
the past couple of weeks.
Stocks were buoyed by a decline in the number of people filing first-time
claims for unemployment benefits by 31,000 to 473,000 in the latest week. It
was the first decline in a month, according to Labor Department data.
Economists surveyed by MarketWatch had expected initial claims to drop
to 490,000 in the week ended Aug 21.
The less-volatile four-week average of initial claims rose 3,250 to 486,750.
Altogether, 10.2 million people were collecting some type of unemployment
benefits in the week ended Aug. 7, up from 9.9 million.
Also, mortgage rates continued to skid, falling to 4.36% this week, the
lowest rate on a 30-year fixed loan in decades, according to Freddie Mac.
The rate was 4.42% last week and has now declined for nine of the last 10
weeks.
Deal news dominated the tape, and topping the headlines, 3PAR (PAR)
accepted Dell's (DELL) increased offer to acquire the storage leader for
$24.30 per share in cash, or approximately $1.6 billion, net of PAR's cash.
The deal is expected to close before the end of the year. Based on current
estimates, the transaction is expected to be accretive to DELL's non-GAAP
earnings by its Fiscal Year 2012.
After the bell, H-P (HPQ) countered with a revised $27 a share bid.
Cisco Systems (CSCO) is buying privately held ExtendMedia for an
undisclosed sum. ExtendMedia will become a core component of Cisco's
next-generation video architecture, the company said. The transaction is
expected to close in the first half of Cisco's fiscal 2011.
Hewlett-Packard (HPQ) will pay an undisclosed sum to buy Stratavia, a
privately held database technology company based in Denver. H-P says the
acquisition will strengthen the HP Software and Solutions portfolio, adding
deployment, configuration and management solutions for enterprise
databases, middleware and packaged applications.
Lastly, Novartis (NVS) is moving ahead with a contentious buyout of Alcon
(ACL) after completing its acquisition of stock from Nestle, according to a
Reuters report.
Previously, as pertains to the jackson hole no-recession-helicopter-ben

b*** s*** non-event / talk. Fed action signals new activism (Washington
Post) [ Riiiiight! The activist fed! That¶s all we need. As if we needed more
of what brought us to this point! Certainly the fed¶s role in the continuing
and current financial crisis / debacle cannot be ignored or disputed.
Nothing like a hegelian methodology to create the very problems for which
they are called upon to offer solutions, increasing their sense of
importance, and concentrating power thereby. (Think about it. It is really
rather quite absurd that each meeting time the financial markets hold their
bated breath for these incompetent boobs). Then there¶s the cover-up with
an opportunity for enrichment of some, usually the tight-lipped yes-men
then ever after and forever bonded in what becomes tantamount to an
almost fraternal link by µvirtue¶ of the crime thereby. No, I¶m not saying their
initial missteps were necessarily badly intended, but the manipulations
thereafter to obfuscate their incompetence (senile greenspun, no-
recession-helicopter-ben, etc.) comes at a great price and is nothing less
than tantamount to or just outright crime. I¶d abolish the fed without
hesitation or compunction. After all, at this point of decline and defacto
bankruptcy of the nation you certainly can¶t point to success nor argue
their indispensability. Then there¶s also the missing trillions, over-printing
of fiat currency, and all that sub rosa activity with the worthless fraudulent
toxic paper which I believe is being supplanted with ultimately hard
currency to the great benefit of the frauds and great detriment to the
nation.]
10 Practical Steps That You Can Take To Insulate Yourself (At Least
Somewhat) From The Coming Economic Collapse The Economic Collapse
| Most Americans are still operating under the delusion that this
³recession´ will end and that the ³good times´ will return soon.
America¶s Debt: The BIG Wave Damien Hoffman | This, my friends, is only
the tip of the iceberg of what will unfold should we choose to kick the
proverbial can farther down the road.
S&P Says US Should Act to Protect AAA-Rating: Report The United States
government needs to take steps to preserve its top AAA-rating, a Standard
& Poor¶s Ratings (S&P) official told Dow Jones newswire in an interview
published on Thursday.
It pays to riot in Europe Dublin has played by the book. It has taken pre-
emptive steps to please the markets and the EU. It has done an IMF job
without the IMF. Indeed, is has gone further than the IMF would have dared
to go.
The Economy When Debt Is Everywhere As a result of austerity, imposed

on Greece by its Illuminist led government, unemployment has hit 70% in
some places. The country¶s budget deficit has been reduced by 40%, truly
draconian. Spending by government has been cut 10%, which is more than
double what the EU and IMF has required.
10 Practical Steps That You Can Take To Insulate Yourself (At Least
Somewhat) From The Coming Economic Collapse Most Americans are still
operating under the delusion that this ³recession´ will end and that the
³good times´ will return soon, but a growing minority of Americans are
starting to realize that things are fundamentally changing and that they
better start preparing for what is ahead.
China Buys Euros as Fear of World Depression Grows Webster G. Tarpley |

The one certainty is that there is no recovery, and that the second wave of
a world economic depression dominates the world.
Economy Caught in Depression, Not Recession: Rosenberg Positive gross
domestic product readings and other mildly hopeful signs are masking an
ugly truth: The US economy is in a 1930s-style Depression, Gluskin Sheff
economist David Rosenberg said Tuesday. µPositive gross domestic
product readings and other mildly hopeful signs are masking an ugly truth:
The US economy is in a 1930s-style Depression, Gluskin Sheff economist
David Rosenberg said Tuesday. Writing in his daily briefing to investors,
Rosenberg said the Great Depression also had its high points, with a series
of positive GDP reports and sharp stock market gains. But then as now,
those signs of recovery were unsustainable and only provided a false
sense of stability, said Rosenberg. Rosenberg calls current economic
conditions ³a depression, and not just some garden-variety recession,´
and notes that any good news both during the initial 1929-33 recession and
the one that began in 2008 triggered ³euphoric response.´
Op-Ed Columnist - The Third

- NYTimes.com Economic Policy:
Nobel Prize-winning economist Paul + #
says the US is in the "early
stages of a third Great
. The Third Depression By PAUL
KRUGMAN Published: June 27, 2010 µRecessions are common;
depressions are rare. As far as I can tell, there were only two eras in
economic history that were widely described as ³depressions´ at the time:
the years of deflation and instability that followed the Panic of 1873 and the
years of mass unemployment that followed the financial crisis of 1929-31.
Neither the Long Depression of the 19th century nor the Great Depression
of the 20th was an era of nonstop decline ² on the contrary, both included
periods when the economy grew. But these episodes of improvement were
never enough to undo the damage from the initial slump, and were followed
by relapses. We are now, I fear, in the early stages of a third depression. It
will probably look more like the Long Depression than the much more
severe Great Depression. But the cost ² to the world economy and, above
all, to the millions of lives blighted by the absence of jobs ² will
nonetheless be immense. And this third depression will be primarily a
failure of policy. Around the world ² most recently at last weekend¶s
deeply discouraging G-20 meeting ² governments are obsessing about
inflation when the real threat is deflation, preaching the need for belt-
tightening when the real problem is inadequate spending. In 2008 and 2009,
it seemed as if we might have learned from history. Unlike their
predecessors, who raised interest rates in the face of financial crisis, the
current leaders of the Federal Reserve and the European Central Bank
slashed rates and moved to support credit markets. Unlike governments of
the past, which tried to balance budgets in the face of a plunging economy,
today¶s governments allowed deficits to rise. And better policies helped the
world avoid complete collapse: the recession brought on by the financial
crisis arguably ended last summer. But future historians will tell us that
this wasn¶t the end of the third depression, just as the business upturn that
began in 1933 wasn¶t the end of the Great Depression. After all,
unemployment ² especially long-term unemployment ² remains at levels
that would have been considered catastrophic not long ago, and shows no
sign of coming down rapidly. And both the United States and Europe are
well on their way toward Japan-style deflationary traps «¶
Worse than expected news on both durables and new home sales. Indeed,
in this and the prior session the µnew homeseller stocks¶ rose based on the
foisted false expectation of expected-to-better as opposed to, among other,
far worse than expected results. Yet, where / when was the worse than
expected news discounted. The fact is that it wasn¶t, as fraudulent wall
street with one of those typical press the button, computerized program
trade days, rallies to try to suck the suckers back in to keep their µchurn
and earn¶ rollin¶. Note the typical, almost tauntingly gleeful mainstream
non-news headline, µ ' 55 #
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898¶ « Riiiiight! « They pulled it off « How pathetic! Democrats move
to shore up faltering economic recovery (Washington Post) [ Wow! And all
this time that¶s what we thought they were doing. Now they¶re gonna¶ get
serious « riiiiight. Here¶s some serious for you: Peter Schiff: ³We¶re in the
Early Stages of a Depression´ The Motley Fool | Four years and the worst
recession since the Great Depression later, Schiff « : an inflationary
depression.) among other economists, (Economists Herald New Great
Depression The world is currently experiencing the modern day equivalent
of the Great Depression, according to a prominent economist who has
added his voice to scores of others now forecasting ongoing economic
doom on a scale not seen since the 1930s.) , and my position and that of
demographer Dent (This is a global depression. This is a secular bear
market in a global depression. The past up move was a manipulated bull
(s***) cycle in a secular bear market. This has been a typically manipulated
bubble as has preceded the prior crashes with great regularity that the wall
street frauds and insiders commission and sell into. This is a typical wall
street churn and earn pass the hot potato scam / fraud as in prior crashes¶.
This national decline, economic and otherwise, will not end until justice is
served and the wall street frauds et als are criminally prosecuted, jailed,
fined, and disgorgement imposed.]
Harry Dent, Jr. Economy will be in a Depression by 2011

The worst of this next depression is likely to hit between mid-2010 and mid-
2013, especially around early 2011, but if the banking system continues to
implode a deep downturn or depression could begin sometime in 2009
instead of 2010.
Dow will Fall to 3,800 ± 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 ± 60% from Today¶s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between
2010 and 2012 ).
INSIDER TRANSACTIONS (Washington Post) Stock market ends down for

second straight week (Washington Post) [Yeah! There should be no
surprise here. Such is the scenario that bear markets are made of and
Maierhofer shows the math to prove it (infra), Are You Ready For How Bad
It Will Get? Graham Summers | µ,
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Drudgereport: MORGAN STANLEY: Government Bond Defaults Inevitable...

Roubini: Growth to Be 'Well Below' 1% ...
New Home Sales Sink to Lowest Pace on Record...
Banks back switch to renminbi for trade; Incentives to move from dollar
and euro...
DEM JOKES: PELOSI COULD DIE BEFORE NEXT YEAR
Former Republican chairman: I'm gay...
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Bernanke under pressure to prop it up [yeah « with the typical b*** s***]!
Jackson Hole: Speech, Speech...
Infowars.com Poll: Fed Will Push Nation Into Greatest Depression Kurt
Nimmo | Infowars.com readers believe the monetary policies of the Federal
Reserve will push the country into another depression.
Even Tony Robbins Is Warning That An Economic Collapse Is Coming It

seems like almost everyone is warning of a coming economic collapse
these days.
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Sounds like a plan « to bail out the frauds on wall street as they sell their
µhot potatoes¶ in their typical µmusical chair¶ pre-crash charade! ] µ«
Hussman: Dollar Collapse Coming: In his latest market commentary, top
fund manager John Hussman continues to express a bearish view, and
says that more quantitative easing by the Federal Reserve is likely to
trigger ³an abrupt collapse in the foreign exchange value of the U.S.
dollar´. Hussman offers something of a primer on exchange rates, and
concludes by saying this: ³The policy of quantitative easing is likely to
force a large adjustment on the U.S. dollar because the Federal Reserve is
choosing to lay a heavier hand on the Treasury bond market than would
result from economic conditions alone,´ he says. ³The resulting shift in
interest rates and long-term inflation prospects combine to dramatically
reduce the attractiveness of the U.S. dollar. A significant and relatively
abrupt devaluation is then required, in an amount sufficient to set up
expectations of a U.S. dollar appreciation over time.´ Special Offer: People
mocked Gary Shilling when he said SELL in 2006 and 2007. But he was
right and his subscribers are richer for it. Click here for Gary Shilling¶s
current investment advice. As for the market, Hussman says he continues
to see unfavorable valuations, unfavorable market action, and unfavorable
economic pressures. The Fed¶s new go at quantitative easing may well limit
deflationary fears, he says, which has led him to increase exposure to
precious metals and foreign currencies. Hussman also says the U.S.
should focus on restructuring debt, and offers his take on how it should do
so «¶
Dow Reclaims 10,000 as Stocks Pare Losses CNBC | Stocks opened lower
for a fifth straight day Wednesday as disappointing reports on new home
sales and durable-goods orders stoked worries about the economic
recovery.
Consumers Dropping Pay TV Services Investors.com | The number of
subscribers to cable, satellite and telecom TV services in the U.S. fell for
the first time ever in the second quarter.
Plunge in Home Sales Stokes Economy Fears Wall Street Journal | U.S.
home sales plummeted in July to a level not seen in more than a decade,
spurring fears of renewed weakness in housing prices and the broader
economy.
Boehner calls for mass firing of Obama's economic team (Washington

Post) Yeah! True enough. They should be fired (watch for fake data as a
desperate reaction to the reality the fake data¶s been hidin¶, revisions to
fake data which hid reality, etc., µcause they¶re really desperate); yet where
were the same calls for paulsen, bush, et als. The truth is, they all should
be fired! Every last fraudulent one of them! All three corrupt branches of
the u.s. non-government.
Frank to hold hearing on regulation of Wall St. pay (Washington Post) [

Oooooh! Riiiiight! More hearings « sounds like a plan! You know, max
face time, no action, great politics as usual. After all, if they were really
serious, prosecutions, jail, fines, and disgorgement for the perps would
have happened. Additionally, the so-called fin regs were powder puffs after
all the huff and puff and ignore prosecution under already existing laws.
What total fraud / b*** s***! ]
(8-26-10) 9,986 -74 9 ! A 2,118 -17 B(C33 1,047 -8 [CLOSE- OIL
$73.36 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74
(reg. gas in LAND OF FRUITS AND NUTS $3.11 REG./ $3.26 MID-GRADE/
$3.35 PREM./ $3.69 DIESEL) / GOLD $1,238 (+24% for year 2009) / SILVER
$18.98 (+47% for year 2009) PLATINUM $1,539 (+56% for year 2009) /
DOLLAR= .78 EURO, 84 YEN, .64 POUND STERLING, ETC. (How low can
you go - LOWER)/ 10 YR NOTE YIELD 2.48% «..« AP Business
Highlights ...Yahoo Market Update... T. Rowe Price
Weekly Recap ± Stocks / Bonds / Currencies - Domestic / International
This Is a Secular Bear Market and The End of Buy and Hold « and Hope
MARKET MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD PRE-
COMING CRASH IS BEING ACCOMPLISHED 3-11-10 6 Theories On Why
the Stock Market Has Rallied 3-9-10 [archived website file] Risks Lurk for
ETF Investors The bull market that never was/were beyond wall street
b.s. when measured in gold Property Values Projected to Fall 12% in
2010 Jan 31, 2010 The Week Ahead: Risk Is Off the Cliff; Unwind Has
Begun Jan 31, 2010 01-13-10 Forecast for 2010 from Seeking Alpha
Contributor THE COMING MARKET CRASH / CORRECTION 1-28-10
Maierhofer (01-15-10) 11 Clear Signs Economy Sinking Economic
Black Hole 1-22-10: 20 Reasons Why The U.S. Economy Is Dying And Is
Simply Not Going To Recover Current Economic / Fiscal Charts
Trendsresearch.com forecast for 2009 1-7-10 Crash is coming!
µWORST ECONOMIC COLLAPSE EVER¶ Must Read Economic /
Financial Data This Depression is just beginning The coming
depression« thecomingdepression.net MUST READ: JEREMY
GRANTHAM¶S QUARTERLY UPDATE 25 January 2010 (850 on the S&P) by
TPC The Next Wave of Collapse is Coming Sooner than you think
Sliding Back Into the Great Depression ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH,
MUCH WORSE TO COME!
Too far right (Washington Post) [ Too far right, too far left, too republican,
too democrat « Come on! Wake up! The problem is simply too pervasively
corrupt and these are distinctions without a significant difference.YYFor
Obama, some chances ahead (Washington Post) [ Come on! Wake up!
There are no chances ahead for wobama¶s already failed presidency! He
knows it, the people know it, and even his most ardent blind supporters
know it. One too many b*** s*** stories and broken (campaign) promises.
Delivering a speech, albeit teleprompted, is a far cry from delivering, which
reality most have awaken to. He seems to be incapable of even one original
thought even as the wobamas seem to take umbrage as they are dissed for
self-created lack of approbation ($500 sneakers, spain trip, fiddling while
the nation burns, etc.). What next? The race card? Even as his (in)justice
department had decided to ignore civil rights violations by blacks and
focus only on whites? No! wobama¶s failed presidency is as done as an
over-cooked hard-boiled egg. Empty words just ain¶t enough! ] New
Orleans visit, Iraq speech offer president opportunities to help end a
frustrating summer.]
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I-Dosing: Another Excuse for Government Control Over Our Lives Ë Y
| Government claims i-dosing induces the same kind of mind-
altering effects as marijuana, cocaine, peyote, and opium.
Hardship 401(k) withdrawals set record in second quarter: More workers

also borrowing from their accounts (Washington Post, August 22, 2010) [
Clearly an instance where µbetter late than never¶ doesn¶t quite do it «
µbetter now than late or never¶ is a bit better as the following see that old
tune, µ The Big Hurt¶, reaching once again number 1 on the billboard charts.
]
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Stepped-up efforts fail to stem drug money (Washington Post) [ Come on!
Wake up! That¶s american, yes american big business. The stuff that the
war in Afghanistan is made of; viz., ie., heroin, etc.. ]Stashing cash in spare
tires, engine transmissions and truckloads of baby diapers, couriers for
Mexican drug cartels are moving tens of billions of dollars in profits south
across the border each year, a river of dirty money that has overwhelmed
U.S. and Mexican customs agents.
Carlyle-owned toy supplier files for bankruptcy (Washington Post) [ What is

a bush-involved company of paper (leveraged instruments, etc.) pushers
doing with any company doing business in the u.s. or elsewhere for that
matter. The bushes are vegetables who really can¶t do anything well,
except maybe, war, war crimes, fraud, illegal drug deals (Iran contra, etc.,
http://albertpeia.com/CIAAgentAffidavit1.jpg ) ]
The Bush-Carlyle Connection
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By William Bowles
05/11/03: (Information Clearing House) There are so many connections

between the Bushes, the µDefence¶ establishment, the global trade in arms,
that the mind boggles. That it barely gets a mention in the mainstream
media (except of course, to simply µreport¶ it) is a scandal of the grandest
proportions. But it only goes to show the power of big business and the
political class they have installed in both the US and the UK..
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bush/Carlyle cont¶d « (after all, John Major is employed by the Carlyle

Group and BAE Systems, the major arms supplier to the UK, is part-owned
by Carlyle). Not only the connections beggar belief but the sheer hypocrisy
of the Bush government should put it in a new category in the Guinness
Book of Records! As you¶ll see from just of a few of the links to information
on Carlyle below, their tentacles extend to many of the armed conflicts
going on in the world. There¶s no business like war business!
I¶ve presented them in no particular order, the common denominator is the

Bush family.
"Arms Buildup Enriches Firm Staffed by Big Guns"
Defense: Ex-president and other elites are behind weapon-boosting Carlyle

Group.
By Mark Fineman, , Staff Writer January 10 2002
'" http://www.truthout.org/docs_01/01.11F.Arms.Carlyle.htm
"The Best Enemies Money Can Buy"
From Hitler To Saddam Hussein to Osama bin Laden - Insider Connections

and the Bush Family's Partnership with Killers of Americans
Brown Brothers, Harriman - BNL- and the Carlyle Group By Michael C.

Ruppert
Source: http://www.fromthewilderness.com/free/ww3/10_09_01_carlyle.html
"Legal Group Blasts Papa Shrub on Bin Laden Link"

Bush Sr. Could Profit From War by Geoffrey Gray October 11th, 2001,
> #>'
'" http://www.villagevoice.com/issues/0141/gray.php
"BUSH WATCH«BUSH MONEY"
'" http://www.bushwatch.com/bushmoney.htm
"CHRONOLOGY: The Bushes And The Carlyle Group"

'
'" http://www.bushnews.com/bushcarlyle.htm
"The Bush-Carlyle Group Archive" DD5
A link to a number of links on the Carlyle Group
'" http://www.buzzflash.com/perspectives/2002/Bush-Carlyle.html
Carlyle's way Making a mint inside "the iron triangle" of defense,

government, and industry. By Dan Briody January 8, /33/E!F
#
'" http://www.redherring.com/vc/2002/0111/947.html
"The Carlyle Group" ' D

Alfred Mendes looks at a single US investment corporation and asks some

pertinent questions about democracy, terrorism and power.
'" ">> 'D

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"Crony Reform"
How the access capitalists at the Carlyle Group became real businessmen.
By Daniel Gross Tuesday, April 15, 2003
': http://slate.msn.com/id/2081572/
"The Big Guns: The Carlyle Group and Defense Lobbying"

&
' #
': http://www.opensecrets.org/alerts/v6/alertv6_52.asp
"The Carlyle Group; Elder Bush in Big G.O.P. Cast Toiling for Top Equity
Firm" by Leslie Wayne Monday, March 5, 2001, 9,
'"http://www.commondreams.org/headlines01/0305-03.htm
"The Pakistan-India conflict is being funded and fomented by the same

faces that brought you the war on terrorism"
A particularly evil manifestation of the arms business is the one in the on-
going low intensity war between in India and Pakistan and the Carlyle
Group¶s role in it
'" http://www.propagandamatrix.com/pakistan_india.html
"US arms group heads for Lisbon: The Carlyle Group, integrated by the
Bush and bin Laden families awarded a billion dollar contract to "rebuild
Iraq", 6 April 2003
': http://globalresearch.ca/articles/NEW304A.html
"Bush's Favorite Terrorist Buddy & Carlyle Group (Bush, Sr. Etc) Profits
Increasing From Afghan War"
': http://www.apfn.org/apfn/WTC_profits.htm
"Former President Bush Works for International Investment Firm With Ties
To Saudi Arabia" - Company Had Bin Laden Family Connections !'
$ '
Source: http://www.judicialwatch.org/1685.shtml
"Meet the Carlyle Group"
How will President George W. Bush personally make million$, if not billion$
from the War on Terror? The easy way. He¶ll inherit it. Former World
Leaders and Washington Insiders Making Billions in the War on Terrorism
': http://www.angelfire.com/indie/pearly/htmls/bush-carlyle.html
"Carlyle group scandal"
': http://linkthing.com/screed/carlyle_group_cluster.html
WIKIPEDIA http://en.wikipedia.org/wiki/Carlyle_Group µThe Carlyle Group

is a global private equity investment firm, based in Washington, D.C., with
more than $84.5 billion of equity capital under management, diversified
over 64 different funds as of March 31, 2009.[1] The firm operates four fund
families, focusing on leveraged buyouts, growth capital, real estate and
leveraged finance investments. The firm employs more than 890
employees, including 495 investment professionals in 20 countries with
several offices in the Americas, Europe, Asia and Australia; its portfolio
companies employ more than 415,000 people worldwide. Carlyle has over
1300 investors in 71 countries. Carlyle was ranked in 2007 as the largest
private equity firm in the world, according to a ranking called the PEI 50
based on capital under management.[2] However, the firm moved down to
second largest as of May 2010.[3] «¶Y
Y
New-home sales hit a 40-year low | Your take (Washington Post) [ A 40 yr
low? « At least it¶s a record, say the frauds on wall street and how much
worse can it be? Much worse, says reality! Economy Caught in Depression,
Not Recession: Rosenberg / Nobel Prize-winning economist Paul
+ #
says the US is in the "early stages of a third Great
. ]
Y
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Fed policy is foggy as economic picture clouds (Washington Post) [ Wow!
Look to µno recession helicopter ben for guidance¶? You¶re hurting my ears
and eyes, again. Meanwhile, everyone¶s waiting for buh, buh, buh, benny
and his jets to say no depression. At least we¶ll be able to add certainty,
albeit the opposite of what he says. But the fact is already that, µThis is a
global depression. This is a secular bear market in a global depression.
The past up move was a manipulated bull (s***) cycle in a secular bear
market. This has been a typically manipulated bubble as has preceded the
prior crashes with great regularity that the wall street frauds and insiders
commission and sell into.¶ ] With housing market retreating,
unemployment lingering and Fed officials in open disagreement, markets
look to Bernanke for guidance.
Economy Caught in Depression, Not Recession: Rosenberg
Op-Ed Columnist - The Third

- NYT Nobel Prize-winning
economist Paul + #
says the US is in the "early stages of a third
Great
. The Third Depression By PAUL KRUGMAN
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Worse than expected news on both durables and new home sales. Indeed,
in this and the prior session the µnew homeseller stocks¶ rose based on the
foisted false expectation of expected-to-better as opposed to, among other,
far worse than expected results. Yet, where / when was the worse than
expected news discounted. The fact is that it wasn¶t, as fraudulent wall
street with one of those typical press the button, computerized program
trade days, rallies to try to suck the suckers back in to keep their µchurn
and earn¶ rollin¶, and the µpass the hot potatoe / musical chairs confidence
game¶ goin¶. Note the typical, almost tauntingly gleeful mainstream non-
news headline, µ ' 55 #
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898¶ « Riiiiight! « They pulled it off « How pathetic! Peter Schiff:
³We¶re in the Early Stages of a Depression´ The Motley Fool | Four years
and the worst recession since the Great Depression later, Schiff: an
inflationary depression.) among other economists, (Economists Herald
New Great Depression The world is currently experiencing the modern day
equivalent of the Great Depression, according to a prominent economist
who has added his voice to scores of others now forecasting ongoing
economic doom on a scale not seen since the 1930s.) , and my position
and that of demographer Dent (This is a global depression. This is a
secular bear market in a global depression. The past up move was a
manipulated bull (s***) cycle in a secular bear market. This has been a
typically manipulated bubble as has preceded the prior crashes with great
regularity that the wall street frauds and insiders commission and sell into.
This is a typical wall street churn and earn pass the hot potato scam / fraud
as in prior crashes¶. This national decline, economic and otherwise, will not
end until justice is served and the wall street frauds et als are criminally
prosecuted, jailed, fined, and disgorgement imposed.

instead of 2010.
latest.
2010 and 2012 ).

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Sounds like a plan « to bail out the frauds on wall street as they sell their
µhot potatoes¶ in their typical µmusical chair¶ pre-crash charade! ] µ«
Hussman: Dollar Collapse Coming: In his latest market commentary, top
fund manager John Hussman continues to express a bearish view, and
says that more quantitative easing by the Federal Reserve is likely to
trigger ³an abrupt collapse in the foreign exchange value of the U.S.
dollar´. Hussman offers something of a primer on exchange rates, and
concludes by saying this: ³The policy of quantitative easing is likely to
force a large adjustment on the U.S. dollar because the Federal Reserve is
choosing to lay a heavier hand on the Treasury bond market than would
result from economic conditions alone,´ he says. ³The resulting shift in
interest rates and long-term inflation prospects combine to dramatically
reduce the attractiveness of the U.S. dollar. A significant and relatively
abrupt devaluation is then required, in an amount sufficient to set up
expectations of a U.S. dollar appreciation over time.´ Special Offer: People
mocked Gary Shilling when he said SELL in 2006 and 2007. But he was
right and his subscribers are richer for it. Click here for Gary Shilling¶s
current investment advice. As for the market, Hussman says he continues
to see unfavorable valuations, unfavorable market action, and unfavorable
economic pressures. The Fed¶s new go at quantitative easing may well limit
deflationary fears, he says, which has led him to increase exposure to
precious metals and foreign currencies. Hussman also says the U.S.
should focus on restructuring debt, and offers his take on how it should do
so «¶
Dow Reclaims 10,000 as Stocks Pare Losses CNBC | Stocks opened lower
for a fifth straight day Wednesday as disappointing reports on new home
sales and durable-goods orders stoked worries about the economic
recovery.
Consumers Dropping Pay TV Services Investors.com | The number of

subscribers to cable, satellite and telecom TV services in the U.S. fell for
the first time ever in the second quarter.
Plunge in Home Sales Stokes Economy Fears Wall Street Journal | U.S.
home sales plummeted in July to a level not seen in more than a decade,
spurring fears of renewed weakness in housing prices and the broader
economy.
Democrats move to shore up faltering economic recovery (Washington
Post) [ Wow! And all this time that¶s what we thought they were doing. Now
they¶re gonna¶ get serious « riiiiight. Here¶s some serious for you:
Economic indicators reflect weak recovery (Washington Post) [Recovery? I
say they¶re dreamin¶! So does Schiff, (Peter Schiff: ³We¶re in the Early
Stages of a Depression´ The Motley Fool | Four years and the worst
recession since the Great Depression later, Schiff stands alone again with
a bleaker diagnosis for the economy: an inflationary depression.) among
other economists, (Economists Herald New Great Depression The world is
currently experiencing the modern day equivalent of the Great Depression,
according to a prominent economist who has added his voice to scores of
others now forecasting ongoing economic doom on a scale not seen since
the 1930s.) , and my position and that of demographer Dent (This is a
commission and sell into. This is a typical wall street churn and earn pass
the hot potato scam / fraud as in prior crashes¶. This national decline,
economic and otherwise, will not end until justice is served and the wall
street frauds et als are criminally prosecuted, jailed, fined, and
disgorgement imposed.

instead of 2010.
latest.
2010 and 2012 ).

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Alex Jones Exposes Google¶s Plan to Dominate the Internet Infowars.com |

Google¶s takeover agenda will control the world wide web and force
independent media websites, radio and TV shows out of existence for
good.
Ron Paul: Let the Housing Market Normalize! Dr. Ron Paul | There seems
to be a growing consensus in favor of abolishing Fannie and Freddie. This
is the good news.
Americans Using Their Rainy Day Savings to Live Rebel Traders | The
reality of the µreal economy¶, as measured by people, not Wall Street, is a
deteriorating economy where any source of funds is fair game to be tapped
into.
The Never Ending Recession Mr. Rosenberg believes we could see a

negative GDP print THIS quarter. And if he¶s right that means analysts are
far too optimistic about the upcoming quarter.
Economic forecaster: µGreatest Depression¶ coming Collapse of middle
class means there¶s no fuel for recovery, Gerald Celente argues.
Second Hindenburg Omen Confirmation In As Many Days, Third H.O. Event

In One Week Longs may be forgiven if they are sweating their long
positions over the weekend: not only did we just have a second, and far
more solid Hindenburg Omen confirmation today.
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Jim Rogers: If You Want Your Family To Be Silly Rich In The Future, Then
Leave America And Move To Asia Now As you may know, Jim Rogers
moved to Singapore in 2007, though he maintains a residence in the U.S. as
well.
Boehner calls for mass firing of Obama's economic team (Washington

Post) Yeah! True enough. They should be fired (watch for fake data as a
desperate reaction to the reality the fake data¶s been hidin¶, revisions to
fake data which hid reality, etc., µcause they¶re really desperate); yet where
were the same calls for paulsen, bush, et als. The truth is, they all should
be fired! Every last fraudulent one of them! All three corrupt branches of
the u.s. non-government.
Frank to hold hearing on regulation of Wall St. pay (Washington Post) [

Oooooh! Riiiiight! More hearings « sounds like a plan! You know, max
face time, no action, great politics as usual. After all, if they were really
serious, prosecutions, jail, fines, and disgorgement for the perps would
have happened. Additionally, the so-called fin regs were powder puffs after
all the huff and puff and ignore prosecution under already existing laws.
What total fraud / b*** s***! ]
U.S. Financial System Still "Fundamentally Corrupt," Kotlikoff Says: Here's
How to Fix It µWe have a "fundamentally corrupt financial system" and the
Dodd-Frank reform bill did nothing to change it, says Boston University
economics professor Laurence Kotlikoff. "Relatively little has changed
except there are going to be more federal regulators who are probably
going to miss major problems." At the core of the 2008 crisis was "the
production and sale of trillions of fundamentally fraudulent securities,"
Kotlikoff says, suggesting all levels of society participated in the fraud --
including homeowners. At the center of it all were financial intermediaries
(a.k.a. Wall Street) who packaged and sold "snake oil under the guise of
proprietary information" to limit or eliminate disclosure, and enabled by
corrupt rating agencies, regulators and elected officials, he says. In the
accompanying video, Kotlikoff explains how we can "make Wall Street safe
for Main Street." In short, we should transform all financial companies with
limited liability (banks, hedge funds, private equity firms and insurance
companies alike) into mutual funds, which the professor describes as "little
banks that have 100% capital requirements. " Notably, the big mutual fund
companies survived the "financial earthquake" of 2008-09 when the rest of
the financial system collapsed, Kotlikoff recalls. In late 2009, Kotlikoff and
Harvard's Niall Ferguson penned an op-ed for The FT describing a blueprint
for how to take moral hazard out of banking. Citing a speech by Bank of
England governor Mervyn King, Kotlikoff and Ferguson called for "limited
purpose banking" (LPB), that would "limit banks to their legitimate purpose
- financial intermediation and payment facilitation." Nine months later,
Kotlikoff remains convinced this "very simple reform" remains a much
better alternative than the financial reform bill hammered out in
Washington - with plenty of influence from Wall Street lobbyists. "We are
rebuilding [the system] out of straw rather than out of brick," Kotlikoff
says, suggesting his "LPB" proposal will ultimately be good for the
economy and provide a model for the rest of the world. "If we have a safe,
sound [financial] structure other countries will follow suit," he says.¶
Home sales drop to lowest level in 15 years [ Get those foreclosure sales
rollin¶ say the frauds on wall street who will spin same to their market-
frothing delight! ]
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Soros Bailing Out of U.S. Stock Market Y0

4 | Billionaire trader
and political manipulator,George Soros, is clearly not optimistic.
Celente: Stock Market Crash Before End of 2010 Gerald Celente believes
that the stock market will crash before the end of 2010 , gold will soar.
Are You Ready For How Bad It Will Get? 1 Y% | µ,
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Analyst: Dow To 5,000, Lost Decade For Stocks The Dow Jones Industrial
Average will lose about half of its value over the next couple of years as it
follows a Nikkei-like pattern of several sharp rallies in an overall decline,
according to Charles Nenner, founder and president of Charles Nenner
research.
Y
Existing home sales plunge 27% Existing home sales fell sharply in July,
declining for a third straight month, as the effects of the expired
homebuyer tax credit continued to add turbulence to the housing market.
Hindenburg Omen Creator Has Exited The Market As we reported first, last
week saw the second confirmation of the Hindenburg Omen, most recently
sighted for the first time on August 12. Presumably this is an indication of
putting one¶s money where one¶s mouth is (and away from the market).
Y
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We¶re Underperforming The Great Depression In real (inflation/deflation-

adjusted) terms, when did the US market permanently regain the high
reached in 1929? The first chart illustrates two answers to the question.
One uses the real price and the other uses the real total return.
Top Republicans urge Obama to oust economic team | The top
Republican in the U.S. House of Representatives called on Tuesday for
President Barack Obama to fire his economic team in a campaign-style
speech meant to focus voters on the weak American economy.
Home Sales Plunge to Record Low 3Y' | Sales of existing homes

plunged 27.2 percent in July, down to their lowest level since the National
Association of Realtors began keeping track over a decade ago.
Unemployed group blasts Geithner¶s handling of economy 'Y, |

UCubed, a group representing unemployed and underemployed workers,
sharply criticized Treasury Secretary Timothy Geithner for his handling of
the economy.
Stocks Plunge, Double Dip Recession Fears Grow After Home Sales Report
U.S. stocks extended losses, sending the Dow Jones Industrial Average
below 10,000, and the 10-year Treasury yield fell below 2.5 percent for the
first time since 2009 as a bigger-than-estimated slump in existing home
sales fueled concern the economy may relapse into recession.

these days.
Alex Jones Exposes Google¶s Plan to Dominate the Internet Infowars.com |

Google¶s takeover agenda will control the world wide web and force
independent media websites, radio and TV shows out of existence for
good.
Ron Paul: Let the Housing Market Normalize! Dr. Ron Paul | There seems
to be a growing consensus in favor of abolishing Fannie and Freddie. This
is the good news.
Americans Using Their Rainy Day Savings to Live Rebel Traders | The
reality of the µreal economy¶, as measured by people, not Wall Street, is a
deteriorating economy where any source of funds is fair game to be tapped
into.
The Never Ending Recession Mr. Rosenberg believes we could see a

negative GDP print THIS quarter. And if he¶s right that means analysts are
far too optimistic about the upcoming quarter.
Economic forecaster: µGreatest Depression¶ coming Collapse of middle
class means there¶s no fuel for recovery, Gerald Celente argues.
National / World:
Former FBI Agent Reveals New Angle On Kennedy Assassination [bush,

typically, was involved up to his eyeballs, and µknuck¶ (knucklehead not-to-
bright ford) the typical go along to get along. ]µ« Despite the threat and
possibility of a conspiracy to assassinate the president, the FBI and Secret
Service allowed Kennedy to travel to Dallas. ³[They] should have stopped
the President from traveling instantly,´ said Adams. ³You thought I was
kidding when I said he would be killed from a window with a high powered
rifle,´ a ³jubilant´ Milteer´ told the informant following the murder. Adams
points out that Milteer was in Dallas on the day of the assassination and
has a photograph to prove it. In the photo, Milteer stands near the
presidential limousine prior to the shooting. Adams notes this fact was not
mentioned in the Warren Commission report. Other, more well-known
personages were also photographed in Dealy Plaza on that fateful day, in
particular George Bush Senior. The future CIA director and president was
photographed standing outside the Texas Book Depository building where
it was said Oswald single-handedly shot the president from the sixth floor.
Gerald Ford appointed Bush to head-up the agency when the House Select
Committee on Assassinations was investigating CIA-FBI links to the
murders of John F. Kennedy, Martin Luther King and Robert Kennedy.
During Gerald Ford¶s funeral in 2007, the elder Bush attacked theories
straying from the official version. ³After a deluded gunman assassinated
President Kennedy, our nation turned to Gerald Ford and a select handful
of others to make sense of that madness,´ said Bush. ³And the conspiracy
theorists can say what they will, but the Warren Commission report will
always have the final definitive say on this tragic matter. Why? Because
Jerry Ford put his name on it and Jerry Ford¶s word was always good.´
After Adams told the FBI he believed it was impossible for Oswald to have
fired three shots with a bolt-action rifle in seven-and-a-half seconds while
taking aim through a scope, he was warned by his superiors not to pursue
his findings. ³Don, be careful what you say and how you say it,´ an agent
told him. Mr. Adams¶ assertions contribute to a huge body of evidence
revealing that Kennedy was not murdered by Oswald in the fashion
described by the government«¶
Finland Suspends Swine Flu Shots After Vaccine Linked With Neurological
Disorder Paul Joseph Watson | Finland¶s National Institute for Health and
Welfare (THL) has suspended the use of the H1N1 vaccine over fears that
the shot is linked with narcolepsy.
U.S. Court Rules That Government Can Secretly Track You With GPS,
Privacy is For Rich People Only Steve Watson | TIME magazine casually
admits that it is now perfectly legal in nine states for the government to
attach secret satellite tracking devices to your car and monitor you
wherever you go, without a search warrant.
CNN: Opposition to Government, Bankers is Criminal Kurt Nimmo | The

sovereign citizen movement is considered a direct and dangerous threat by
the government because it rejects out of hand its authority.
Alex Jones: Government Wants to Control Your Music Infowars.com | Alex

covers the hysteria over ³i-dosing´ and the ultimate plan by government to
control our minds and emotions.
Megalomaniacs Push For Orwellian ³Safe´ City, Controlled Internet

Biometrics R&D firm Global Rainmakers Inc. recently unveiled a plan to
place iris scanners and other tracking devices in what they toted as the
³most secure´ city in the world.
Study: Oil spill cleanup workers suffered chromosome damage, respiratory

issues Spanish fishermen who took part in a clean-up operation after the
Prestige oil tanker spill in 2002 have shown symptoms of chromosomal
damage and respiratory problems, a study released Tuesday said.
4th Amendment Violating Mobile X-Ray Scanners Hit The Streets As we

warned at the beginning of the year, X-ray body scanners currently being
used and abused in airports across the world are set to hit the streets as
American Science & Engineering reveals that ³more than 500 backscatter
x-ray scanners mounted in vans that can be driven past neighboring
vehicles to see their contents´ have been sold to government agencies.
Pentagon Teaches Kindergarten Kids As U.S. Schools Are Militarized For

Martial Law Conditioning This represents the process of full spectrum
dominance over our children¶s minds. First the government paid the
mothers not to have husbands in the home (single parent benefits) and
now the soldiers are bringing up our kids from Kindergarten age. This is
about training Americans almost from birth that¶s it¶s normal to have
troops involved in routine life on a day to day basis. This is total martial law
conditioning.

POLITICO: SOME DEMS THINK HOUSE IS GONE...
INTEL CEO blasts Obama, Dems; USA faces looming tech decline...
LETTERMAN TURNS: 'He'll have plenty of time for vacations after his one
term' « [ This really is so true « wobama is so total, typical b*** s*** ] ...
Google¶s Plans to Take Over The Internet Exposed! Google¶s agreement

with Verizon to speed certain Internet content to users opens the door to
the complete sterilization of the world wide web as a force for political
change. Under Google¶s takeover plan, the Internet will closely resemble
cable TV, independent voices will be silenced and the entire Internet will be
bought up by transnational media giants.
µPre-Crime¶ Reaches Number 1 Google Trend Spot . Y

| Steve
Watson¶s incredible article about the use of pre-crime technology was
picked up by large news sites such as the Drudge Report and others.
Y
Pre-Crime Technology To Be Used In Washington D.C. %Y0
|
Computers predict what crime will be committed where, by who and when.
Drudgereport: GALLUP GENDER GAP: Obama's Approval Among Men Hits

All-Time Low of 39%...
LOBOTOMY JOE BIDEN: 'We're moving in right direction'« Right lobotomy
joe, anything you say! ...
Worries about recovery deepen...
'Hindenburg Omen' creator exits stock market...
Economy in 'Depression, Not Recession'...
Dow Faces 'Bouncy Ride to 5,000'...
Typical Slow Summer -- or Something Darker?
Drop in Home Sales Renews Pricing Fears...
Investors Scatter to Safety...
Unemployed group blasts Geithner's handling of economy...
BOEHNER URGES OBAMA TO FIRE...
'Government as community organizer' has failed...
LA UNVEILS $578 MILLION SCHOOL
More Expensive Than China's Olympic Stadium!
California Delays $2.9 Billion School, County Payments Amid Budget
Impasse...
'Beat Whitey Night': Iowa racial attacks at state fair... POLICE
REPORTS...
Gasoline prices hit 8-month low (Washington Post) [ Strange days indeed.
There was a time not long ago that the same news would engender a
µglass-half-full¶ spin for a fraudulent wall street rallying point. At the same
time, higher oil prices one of those reasons for selling into the bubble.
Today, higher oil prices day to day provide a µglass-half-full¶ spin for a
fraudulent wall street rallying point that drives the oils (stocks) higher. Yes,
that¶s how bad the economy really is. (Not a reference to µStrange Days¶ the
interesting film from that impressive oscar-winning giant (amazon) of a
woman, Kathryn Bigelow, which sported a cast that included Tom Sizemore
which of itself meant strange indeed.) ].
AIG pays back $4 billion of bailout debt (Washington Post) [ Ah, yes. How
endearing. Just goes to show that the hearts of american business are in
the right places. So touching « I¶m sure I¶m not alone in shrugging with a
sense that given america¶s chosen intractable downward path such as this
matters little or none! ]
Obama targets IT contracts (Washington Post) [ And what goals are being
met with the protracted mid-east wars with costs exceeding a trillion other
than defacto bankruptcy of the nation and anti-american sentiment, not to
mention the diversion from the multitude of america¶s domestic problems.
It seems to me that IT would be among the last of items warranting scrutiny
(360 tons of $100¶s flown into Iraq would without scrutiny go right into the
treasury, etc.) , particularly since tech, though over-rated, is probably
america¶s last strength owing to a significant head start and a built- in
language bias, though quickly becoming mere assemblers / distributors of
foreign-made (components) at best.] The White House unveils plans to
review 26 government information-technology projects worth a total of $30
billion as part of an effort to trim back or cancel contracts that aren't
meeting goals.
NATIONAL / WORLD
For Obama, some chances ahead (Washington Post) [ Come on! Wake up!
frustrating summer.]
Drudgereport: WASHPOST TAKES ON THE SPOOKS: Hidden world,

growing beyond control...
'C.1333 *- ' ' '
'
You really have to laud The Washington Post for this investigative
brilliance which whether people appreciate it or not, requires great
corporate and personal courage; even more so inasmuch as this is their
backyard, so to speak. Clearly, this illuminates the boondoggles which
amazingly are coming at a time when america will not be able to handle
µbare necessities¶ much less the self-perpetuating, need-creating,
bureaucracies which I¶ve previously likened to a perverse version of µField
of Dreams¶ where if you will commit taxpayer dollars, they¶ll find / create a
war, conflict, new war, etc., to spend it on. NSA Has Gotten So Big, Area
Around It Has 112 Acres Of Parking Spaces In yet another terrifying
expose, The Washington Post continues to lift the veil on just how massive
the US government¶s spying operation has become.
The following youtube video is well worth the look and explains how and
why the frauds on wall street have gotten away with their devastating fraud
thus far. The frauds on wall street et als should be criminally prosecuted,
jailed, fined, and disgorgement imposed. ( UPDATE: MORE CLAIMS OF
RACE BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE FED
PROBE IN BLACK PANTHER CASE... ex-Justice official quit over the
handling of a voter intimidation case against the New Black Panther Party
accused his former employer of instructing attorneys in the civil rights
division to ignore cases that involve black defendants and white victims US
v. AZ... Cases against Wall Street lag despite Holder¶s vows to target
financial fraud Obama broke promises ):
µTHE OBAMA DECEPTION¶

http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2E
FAB57B44063742&playnext_from=PL&index=0&playnext=1. [ The Obama
Deception Number 1 on U.S. Google Trends ]
µThe Obama Deception¶ Censored µThe Obama Deception¶ has been

censored In light of this development, I provide an archived site version
which appears to be complete (but will be compared with earlier version
and replaced with same if incomplete)
http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative µESOTERIC

AGENDA¶ which explains how we¶ve gotten to this forlorn point:
http://video.google.com/videoplay?docid=-7052400717834950257#
For the Same Reason I¶ve Included Here a Web Site Archived FLV Version
of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Who¶s Barry Soetoro, wobama? Get your very own BARRY SOETORO T-
Shirt and ask the question, "Where is the Birth Certificate?". The REAL
name of President Barack Obama is BARRY SOETORO so get a t-shirt with
a picture of him on the front and the question, "Where is the Birth
Certificate?". http://infowars-shop.stores.yahoo.net/basot.html Obama¶s
Comeback Strategy: Appearing On ³The View´ Now we know how the
President will turn his flagging political fortunes around« [More b*** s***!].
Is Obama a Marxist? He Works for the Bankers Glenn Beck, the Fox News
talking heads, and no shortage of Tea Party activists like to characterize
Barry Obama as a Marxist.
Poll: Waning support for Obama on wars usa today | Support for Obama¶s
wars fell to 36%, down from 48% in a February poll.
President Obama¶s Real Name ³Barry Soetoro´ Tops Google Trends Yet
another search term announced during the Alex Jones Show, ³Barry
Soetoro´ has topped Google Trends¶ hot searches, and that means a boost
to exposing important keys to President Obama¶s true history. The #1
search trend corresponds with a visit to Austin, Texas today from
President Barack Obama, a.k.a. Barry Soetoro.
Barry Soetoro AKA Barack Obama¶s Political Dynasty Crashes And Burns
While Barry Soetoro¶s family lavish themselves at a luxury Spanish resort
amidst deepening economic turmoil, back home Obama¶s political dynasty
crashes and burns as his approval ratings plunge to a record low of 41 per
cent with less than a few months to go before the October midterm
elections.
The Fraud Of (a.k.a. Barack Hussein Obama) (Feb. 24 ...

Y55Y6778
¶Dear Senators and Congressmen:
Thank you for taking the time to review the documentation relevant to the
Constitutional legitimacy of the presidency Barack Obama. There have
been various problems with the vetting of Mr. Obama throughout the
campaign and the present. I¶d like to take the opportunity to highlight the
most pertinent and alarming issues that have been clearly revealed. I¶m
sure you will agree that this information must be further investigated
promptly before any damage is done to the United States and its citizens
beyond the Constitutional compromises that currently exist. Most
interesting, though, is the fact that Mr. Obama has not simply ordered the
original vault copy of his birth certificate to be sealed and chosen to retain
three (3) law
to defend the various cases spending a reported

$800,000 (of whose money?). If Mr. Obama has nothing to hide, then why
fight the more than 42 cases in federal courts alone (according to Justia)
and similar number in state courts of which the merits are well-founded
and substantiated through factual evidence, state and federal statutes, and
international laws? Main issue is that the state of HI, according to statue
338 allows
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There is plenty of evidence of Mr. Obama being born in Kenya and
obtaining his Hawaiian birth certificate based on a statement of his
grandparent only, who simply didn¶t want to deal with immigration and not
based on any records from any hospitals. Extensive searches in the State
of Hawaii showed no birthing records for his mother [Stanley] Ann
Dunham in any hospital in Hawaii. « I request all of this information to be
forwarded to the Senate Armed Services Committee, Senate Finance
Committee, Senate Judicial Committee, Mr. Steven Whitlock, director of the
whistle blower office of the IRS, ICE, State Department, and FBI for further
investigation.
Respectfully submitted,
Dr. Orly Taitz, Esq.¶
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Did Google Block ³Barry Soetoro´ Search Term? Screenshots obtained by

a Prison Planet reader suggest that Google may have moved to de-list
³Barry Soetoro´ as a popular search term shortly after it rose to the top of
the Google Trends charts after yesterday¶s effort by radio talk show host
Alex Jones to focus attention on Barack Obama¶s real name.
Bombshell: Barack Obama conclusively outed as CIA creation Wayne

Madsen | Investigative journalist Wayne Madsen has discovered CIA files
that document the agency¶s connections to the lives of Barack Obama and
his mother, father, grandmother, and stepfather.
Google Yanks ³Kill The Web´ Article That Warned Of Internet Takeover
Having at first appeared as normal, our earlier article about Google¶s plan
to kill the web has been completely de-listed from Google News. This is
completely unprecedented and underscores how keen Google is to prevent
people from finding out that it is a CIA-NSA front that is preparing to
completely end the Internet as we know it with the Verizon net-neutrality
killing deal.
Google Plans To Kill Web In Internet Takeover Agenda The net-neutrality

ending deal with Verizon is just the beginning of Google¶s plans to kill the
open and free Internet as part of their takeover agenda to completely
control the world wide web and force independent media websites, radio
and TV shows out of existence for good.
Obama¶s pledge to close down Guantanamo is µnot even close¶ Barack

Obama¶s pledge to shut down Guantanamo Bay will not be honoured until
at least a year after the President¶s self-imposed deadline ± and may not be
completed in his first administration.
Constitution ³Silly Stuff,´ Says Illinois Congressman Democratic

Congressman Phil Hare, who caused outrage earlier this year when he told
constituents who asked him about the legality of the health care bill, ³I
don¶t worry about the constitution,´ has sparked fresh consternation after
he was caught on camera in an Illinois hotel labeling the founding
document of America ³silly stuff´.


| Steve

|
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Soros Bailing Out of U.S. Stock Market Robert Wenzel | Billionaire trader
Are You Ready For How Bad It Will Get? Graham Summers | µ,
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"&&; The decline in yields is overdone,
gold is overbought, and crude oil and the euro are oversold. The Dow is not
oversold.The yield on the 10-Year US Treasury tested 2.531 on Friday
versus my quarterly risky level at 2.495. Gold tested $1239.5 last week and
today¶s risky level is $1241.7. For Crude oil this week¶s pivot is $73.59 with
my annual pivot at $77.05. The euro is below its 50-day simple moving
average at 1.2739 this morning. For the Dow today¶s value level is 9,983
with the 50-day simple moving average at 10,303, and weekly and annual
pivots at 10.358 and 10,379. 10-Year Note ± (2.612) My annual pivot is 2.813
with a weekly pivot at 2.574 and daily risky level at 2.507. My annual value
level is 2.999 with quarterly and semiannual risky levels at 2.495 and 2.249.
Note that the decline in yield is extremely overdone [charts] «
Portions of the Gulf are So Toxic that Dolphins, Fish, Crabs, Stingrays and
Other Animals are ³Trying to Crawl Out of the Water´ Danny Ross, a
commercial fisherman from Biloxi« said he has watched horseshoe crabs
trying to crawl out of the water, and other marine life like stingrays and
flounder trying to escape the water as well. He believes this is because the
water is hypoxic.
Karzai: Private contractors µlooting and stealing,¶ working with terrorists

Afghan President Hamid Karzai on Sunday defended his decision to ban
private security contractors from operating in public in Afghanistan, saying
many of the organizations tasked with providing security are engaging in
terrorist activities, working with ³Mafia-like´ organizations and ³looting and
stealing from the Afghan people.´
Housing Fades as a Means to Build Wealth, Analysts Say Many real estate
experts now believe that home ownership will never again yield rewards
like those enjoyed in the second half of the 20th century.
Why ³Fair Play´ In A Central Bank Interventionist World Is A Doomed

Strategy Today¶s special report by Faros Trading summarizes the pathetic,
uber-interventionist world we live in.
Hussman: Bernanke¶s Quantitative Easing Is About To Trigger A Collapse

In The US Dollar In his latest weekly letter, John Hussman warns of an
imminent and disorderly collapse of the US dollar, courtesy of Ben
Bernanke¶s move towards more quantitative easing.
Washington looks tantalizing to New York (Washington Post) [ I¶m

surprised to see this µold news¶ here since it¶s widely known that the wall
street frauds, goldman et als, have garnered near vampire legendary status
by way of their infamous blood (taxpayers) / treasury draining ways.
Tantalized? I¶d say consumed. ]
Federal contractors team up with tech giants (Washington Post) [ Clearly

the end of an innovative tech sector as blood-sucking, treasury draining
corporate welfare artists show them how to get something for nothing but
self-perpetuating, self-created needs that aren¶t really needed! ] For
traditional government contractors, the appeal of working with
commercially successful companies such as Google or Apple is clear.
Drudgereport: Philly requiring bloggers to pay $300 for 'license'« [ There

are a plethora of reasons to leave philly and this is just another ] ...
WHAT BUDGET CRISES? LA UNVEILS $578 MILLION SCHOOL [ Come
on! In California it¶s always about the private contracts with public money
from public office holding slugs ]
Gold bullion stolen from Florida treasure museum [ I personally believe
that beyond the µgold-plate¶, Fort Knox has already been looted! ] ...
Wikileaks¶ Assange: Pentagon may be behind rape claims Agence France-

Presse | [ This story smacks of american modus operandi as alternative to
outright murder / assassination. Enemy of the State Lew Rockwell | It¶s
been clear for some time that the Pentagon would love to put a bullet in
Julian Assange¶s brain. ] Wikileaks founder Julian Assange said in an
interview published on Sunday that he believes the Pentagon could be
behind a rape accusation against him that was later dropped by Swedish
prosecutors.
Gulf Oil May Not Degrade for Decades Washington¶s Blog | Scientists have
found an underwater oil plume that is more than 22 miles long, more than a
mile wide and 650 feet deep.
Yet another Soros tentacle exposed Jim Wallis, the man behind the so-
called ³religious left´ ± a left wing evangelical activist who worked to get
evangelical support for Obama ² has been exposed as another stooge of
George Soros.
Der Spiegel: US middle class vanishing According to an article appearing

in the German newspaper, Der Spiegel, the negative consequences of the
global financial crisis include a widened social class rift and the elimination
of the middle class in the US.
Swedish Prosecutors Drop Rape Charges Against Wikileaks Founder Now

according to the AP, the rape charges against Wikileaks founder Julian
Assange have been withdrawn.
U.S. examines private sector's role in affordable housing (Washington

Post) [ I¶m sorry to say that in pondering the so-called policy-makers in
Washington or in the corporate boardrooms that I¶m hard-pressed to
dismiss from my mind¶s eye a picture of a bunch of scarecrows fumbling
around while singing refrains such as µif they only had a brain¶ cirque the
land of the wizard of oz. The reality is that some basic grasp of economics,
finance, business would go a long way in a more positive sense for the
nation. Then there¶s those infamous internment / concentration /
µaffordable housing¶ camps that¶s been filtering through the filters, so to
speak.] The Obama administration is grappling over how much to force
private lenders to pay for apartments and homes for the poor as it presses
ahead with a major overhaul of the government's housing policy, officials
said.
$60M project to resume in D.C. (Washington Post) [Well, at least they¶re not
fema concentration / internment camps; naah, they¶re for the hoi polloi.
Now luxury apartments for the Washington criminal class; that¶s another
story. Time to break out the bubbly µcause happy days are here again.
H.R. 645 and The FEMA Concentration Camps The Federal or Union side of
the conflict had its many concentration camps as well. ... and walk out your
front door and see a FEMA concentration camp.
www.infowars.com/h-r-645-and-the-fema-concentration-camps
Alex Jones Presents Infowars.com to Fight the New World Order And how
we burned in the camps later, thinking ... county is a designated home for a
"concentration ... relocated to "secret locations" (FEMA camps).
www.infowars.com/cc_archive.htm
New World Order 28 Uploaded by doomdaily www.youtube.com
28
'

and Internment 8 A good over look of what
2 is all about. Enslavement and 8
'

8 . It is not about
saving people that is an illusion.
www.freedomfiles.org/war/fema.htm
28
'

8 U.S. 8&989,E2,h&982(2 AND
THE REX 84 PROGRAM. There are over 600
' in the United
States, all fully operational and ready to receive ...
www.flyingsnail.com/Dahbud/femaconcentrationcamps.html
U.S. 8
'

8 , page 1 A reported "FEMA camp masquerading
as a water treatment plant" here in Texas was (ta-daa) a water treatment
plant. A reported "2'
'

' ...
www.abovetopsecret.com/pages/camps.html
AMERICAN 8&989,E2,h&982( 28&989,E2,h&982(:
Locations and Executive Orders ..... Ft. Drum - two compounds: Rex 84
detention camp and FEMA detention facility. ...
www.apfn.org/APFN/camps.htm ]
CBO Offers tax cuts assessment (Washington Post) [ One might be inclined
to quip, well, you can¶t give what you don¶t have; but, we all know that¶s not
true in washington these days and they have the red ink to prove it.
Drudgereport: CBO: DEFICIT 9.1% OF GDP... DEVELOPING...
µ(P)recarious fiscal situation by 2020? I¶d call that wishful thinking! The
2020 part. How µbout now!]
Jobless benefit claims jump to nine-month high (Washington Post) [Ooooh!
Sounds like a plan! Or, the wrong plan! The one they¶re using, that is. Or,
no plan, like Afghanistan!] Drudgereport: NEW LOW FOR O: GALLUP
DAILY SHOWS OBAMA 41% APPROVE, 52% DIS...
NEW JOBLESS CLAIMS RISE TO 500,000...
Highest level in 9 months...
CBO: DEFICIT 9.1% OF GDP... DEVELOPING...
Homeowners Expect Home Values to Fall More...
Stock market ends down for second straight week (Washington Post)
[Yeah! There should be no surprise here. Such is the scenario that bear
markets are made of and Maierhofer shows the math to prove it (infra), Are
You Ready For How Bad It Will Get? 1 Y% | µ,
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Chiacgo's ShoreBank fails, is bought by investors Chicago Tribune -

Chicago-based ShoreBank, which for more than three decades made loans
to South and West siders who might not have gotten financing elsewhere
to buy homes, apartment buildings and start businesses, failed Friday.
Regulators shut big Chicago-based bank BusinessWeek Regulators shut
down big Chicago bank, 7 others The Associated Press µ« The FDIC also
seized seven other banks Friday, bringing to 118 the number of U.S. bank
failures this year amid the recession and mounting loan defaults «The
FDIC also took over Community National Bank at Bartow, in Bartow, Fla.;
Independent National Bank of Ocala, Fla.; Imperial Savings and Loan
Association of Martinsville, Va.; and four California banks: Butte
Community Bank, based in Chico; Pacific State Bank, based in Stockton;
Los Padres Bank, in Solvang; and Sonoma Valley Bank, in Sonoma. «¶
Reuters - Bloomberg - Los Angeles Times (blog) -
Richmond Times Dispatch
World Indices / Week ended August 20, 2010 Yahoo Finance
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Lounsbury: µ« Has anything of economic utility resulted? I have not found
it. And counter to the effect of the dot.com collapse, the credit bubble
collapse may not have stripped out some of the speculative income
excesses. Wall Street bonuses are back to pre-crisis levels and there has
been no "claw-back" of ill-gotten gains from the pirates who seized the
economic ship. In fact, the pirates are still in command of the ship and are
still under full sail. Yo ho ho and a bottle of rum! From my first Treasury
report:
« the problem was that our systems, especially in

finance and health care, are too heavily focused
on pay for transactions rather than pay for
outcomes. I didn¶t have the presence of mind to
bring instant gratification into the discussion, but
that would have certainly made my thought
process clearer.
I don't think this created any waves, but I will continue to wail in the
wilderness about how compensation formulas contribute to and compound
the structural problems in our financial system. So, back to the earnings
chart that started this discussion. In view of what has been discussed here
I believe we will find that history, in this instance, will at least rhyme, if not
repeat exactly. Structural economic problems are sufficiently similar for the
two eras that I expect we will see some form of recurrence of events 5 and
6 [Depression] «¶
Hindenburg Omen Confirmation #1 Today we got our first Hindenburg

Omen confirmation. The number of new highs was 136, and new lows was
at 69 (per the traditional WSJ source).
Greek crisis refuses to go away The European Commission has approved

the next ¼9bn (£7.4bn) tranche of loans for Greece but the underlying
economy continues to deteriorate as Greek banks suffer a record loss of
deposits and output contracts at a quickening pace.
We Killed The Goose That Laid The Golden Egg For middle class
Americans, the new global economy has provided mountains of cheap
products made in China, India and dozens of other nations, but it has also
killed the goose that laid the golden egg.
Grim future for young workers in µpensioner ghettos¶ ' | Parts of

Britain could become retirement ghettos within a generation with three
retired people for every four in work, a report warns.
Is Our Money Based on Debt? Y. | The first thing to realize is
that the Fed can control the size of the monetary base, but it can¶t directly
control its composition.
Obama Lied About Stimulus Dollars Aiding Local Project A local project
that President Barack Obama cited during a visit Wednesday to Columbus
as an example of how the federal stimulus package has worked isn¶t
actually being funded with stimulus dollars.
Black Swans Need Not Apply (6 Reasons Why the Economy is Going
Down) @ YD | My New York adventures are signs of an approaching
gold mania, not a present one. But I believe more firmly than ever that it¶s
coming.
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Soros Bailing Out of U.S. Stock Market Y0

4 | Billionaire trader
Schwarzenegger Orders 150,000 Government Workers to Take Time Off

Without Pay | Schwarzenegger directed state workers to take
three unpaid days off each month to save cash.
Y
Weekly Jobless Claims Post Surprise Jump, Hit 500,000 | New U.S.
claims for unemployment benefits unexpectedly climbed to a nine-month
high last week, yet another setback to the frail economic recovery.
Western Economies Face Hyperinflation: Gold Bull The decline of the

Western economic model will bring about hyperinflation and decades of
painful readjustment, Egon von Greyerz, founder of gold investment
intermediary Goldswitzerland.com told CNBC Thursday.
US Prepares For Gold Standard To understand this objective it helps to go

back to a very important moment in our monetary past«
5 Trillion More Dollars To Fix Fannie Mae And Freddie Mac??? Fannie Mae
and Freddie Mac have become gigantic financial black holes that the U.S.
government endlessly pours massive quantities of money into.
Drudgereport: NEW LOW FOR O: GALLUP DAILY SHOWS OBAMA 41%

APPROVE, 52% DIS...
'Allahu Akbar!' Iran test fires new missile...
'Al-Qaida prepares for Israel-Iran war'...
US Assures Israel Nuclear Iran Isn't Imminent...
Israel tells UN it will stop new Gaza aid flotilla...
Lebanon refuses to bow to warning...
CHICAGOLAND: ShoreBank Closed by FDIC...Y
...strong ties to Obama administration
USA DEBT: $13,310,379,000,000.00Y
$44,000 PER CITIZEN...
NEW JOBLESS CLAIMS RISE TO 500,000...Y
Highest level in 9 months...Y
Homeowners Expect Home Values to Fall More...Y
$60M project to resume in D.C. (Washington Post) [Well, at least they¶re not
fema concentration / internment camps; naah, they¶re for the hoi polloi.
Now luxury apartments for the Washington criminal class; that¶s another
story. Time to break out the bubbly µcause happy days are here again.
H.R. 645 and The FEMA Concentration Camps The Federal or Union side of
the conflict had its many concentration camps as well. ... and walk out your
front door and see a FEMA concentration camp.
www.infowars.com/h-r-645-and-the-fema-concentration-camps
Alex Jones Presents Infowars.com to Fight the New World Order And how
we burned in the camps later, thinking ... county is a designated home for a
"concentration ... relocated to "secret locations" (FEMA camps).
www.infowars.com/cc_archive.htm
New World Order 28 Uploaded by doomdaily www.youtube.com
28
'

and Internment 8 A good over look of what
2 is all about. Enslavement and 8
'

8 . It is not about
saving people that is an illusion.
www.freedomfiles.org/war/fema.htm
28
'

8 U.S. 8&989,E2,h&982(2 AND
THE REX 84 PROGRAM. There are over 600
' in the United
States, all fully operational and ready to receive ...
www.flyingsnail.com/Dahbud/femaconcentrationcamps.html
U.S. 8
'

8 , page 1 A reported "FEMA camp masquerading
as a water treatment plant" here in Texas was (ta-daa) a water treatment
plant. A reported "2'
'

' ...
www.abovetopsecret.com/pages/camps.html
AMERICAN 8&989,E2,h&982( 28&989,E2,h&982(:
Locations and Executive Orders ..... Ft. Drum - two compounds: Rex 84
detention camp and FEMA detention facility. ...
www.apfn.org/APFN/camps.htm ]
CBO Offers tax cuts assessment (Washington Post) [ One might be inclined
to quip, well, you can¶t give what you don¶t have; but, we all know that¶s not
true in washington these days and they have the red ink to prove it.
Drudgereport: CBO: DEFICIT 9.1% OF GDP... DEVELOPING...
µ(P)recarious fiscal situation by 2020? I¶d call that wishful thinking! The
2020 part. How µbout now!]
Jobless benefit claims jump to nine-month high (Washington Post) [Ooooh!

Sounds like a plan! Or, the wrong plan! The one they¶re using, that is. Or,
no plan, like Afghanistan!] Drudgereport: NEW LOW FOR O: GALLUP
DAILY SHOWS OBAMA 41% APPROVE, 52% DIS...
Privatizing Virginia liquor stores makes sense (Washington Post) [Wow! I¶m
totally shocked. Having spent enough time in virginia with a part-time office
in proximity to washington to discern the corrupt state of affairs of same
dominated by what I refer to as government mob (predominantly cia,
related, etc.) (my direct sampling of corrupt states of jersey the worst, new
york, california, connecticut ± 5 for 5) but I had no idea that the state was
as backward as it appeared in having state-run liquor stores. How totally
preposterous! µThe revenuers are the brewers¶ « just kidding!] Seventy-
seven years after the repeal of Prohibition, you'd think we regard the sale
of liquor to consenting adults no differently than the sale of any other
good.
Warren sits down with lobbyists (Washington Post) [Talk about appearance
of if not outright impropriety. Just what do these lobbyists do for their
money. Eke out more fraud protection « for the perps? Forget them!
]Elizabeth Warren, a top candidate to lead the new Bureau of Consumer
Financial Protection, met quietly with some of her sharpest critics: big
bank lobbyists.
Federal Reserve's shift in policy doesn't change its basic outlook

(Washington Post) / And what outlook is that? The no-recession initially
touted by bernanke or µenvy of all the world¶ touted by senile greenspun?
How µbout reality:
No Exit, Stage Left or Right Peter shiff µ« Those who fear a double dip
recession are justified in their concerns, but they are also missing the big
picture. The 2008 recession never ended. It was merely interrupted by
trillions of dollars of stimulus that purchased GDP ³growth´ with borrowed
money. But as the bills come due, GDP should now contract «
Economists Herald New Great Depression The world is currently

experiencing the modern day equivalent of the Great Depression,
the 1930s.
Fed Leads America ³To The Brink Of Collapse´ When even the New York
Times and CNN are admitting that the United States faces not only a
double-dip recession but potentially a new great depression, any alarm
bells that have not been rung should now be sounding loudly.
10 Signs The U.S. is Becoming a Third World Country Activist Post | Key
economic indicators point to a situation potentially worse than the Great
Depression.
³Surprisingly´ Bad Economic News Bob Livingston | Have you noticed

how often the elitist ³economists´ in government, academia and the media
are surprised by bad economic news?
Deceptive Economic Statistics: While the economists lied the US economy

died Paul Craig Roberts | The bought-and-paid-for-economists got all the
media forums for a decade. While they lied, the US economy died.
Fed Official Admits the Fed Starts Boom/Bust Cycles There are all kinds of
things awry with this article«
' 2#

@At the risk of sounding like a broken record, we
wanted to once again highlight the lack of conviction among investors and
advisors in the current market environment. Following the July rally,
bullish sentiment based on the h
* h
#
' weekly survey
jumped to its highest level since May. Then last week, the S&P 500 dropped
more than 3% and the bulls scattered. In this week's survey, bullish
sentiment declined 12% for its largest weekly decline since the flash
crash«¶
+
h
!' "F
!
7 #&
µ«Below we outline the five
criteria (taken from Zero Hedge) that need to be satisfied in order for the
indicator to be triggered. They are:
1. That the daily number of NYSE new 52-Week Highs and the daily
number of new 52-Week Lows must be greater than 2.2% of total
NYSE issues traded that day.
2. That the smaller of these numbers is greater than or equal to 69
(68.772 is 2.2% of 3126). This is not a rule but more like a checksum.
This condition is a function of the 2.2% of the total issues.
3. That the NYSE 10-Week moving average is rising.
4. That the McClellan Oscillator is negative on that same day.
5. That new 52-Week Highs cannot be more than twice the new 52-Week
Lows (however it is fine for new 52-Week Lows to be more than
double new 52-Week Highs).

2
E
!5(&&" *% @=Thursday we'll get another round
of Uncle Sugar's special blend via more POMO (Permanent Open Market
Operations). This private label brew will go directly to the Primary Dealers
(dba: Da Boyz) who will use it to trade as before«¶
## '

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Here¶s a new piece of the dismally murky puzzle which belies a previous
raison d¶etre for rally: Greek Bonds Slump As Austerity Backfires, Country
Enters ³Death Spiral´, And The Violent End Game Approaches .
Previously, Walmart same store sales were actually down (overseas results
were up), and, think about it. Isn¶t Walmart, as essentially an american
based sales agent of china products a µcontrarian indicator¶ for the the u.s.;
that is , hasn¶t Walmart¶s rise coincided with american main street¶s
demise. Similarly, fraudulent wall street high frequency churn and earn
programmed trade scams among many other frauds as yet unprosecuted
has heralded the death knell for american business and the economy,
generally. Old news at best and, that µnot bad as expected, better than
expected dog don¶t hunt no more¶! µYAHOO [BRIEFING.COM]: « Retailers
were also strong. As a group retailers climbed 1.8%. Discount retail giant
and Dow component 0 . (WMT 51.02, +0.61) was a solid performer on
the back of in-line earnings and an improved forecast. Home improvement
retailer and fellow Dow component ,Y$ (HD 28.31, +0.93) had a
more positive influence over retailers. It posted better-than-expected
earnings for the latest quarter, but issued a rather mixed forecast. A
smaller-than-expected increase in housing starts during July didn't do
anything to derail the stock this session. Housing starts for July increased
1.7% month-over-month to an annualized rate of 546,000 units, which is
less than the rate of 555,000 units that had been widely anticipated.
Building permits for July fell 3.1% month-over-month to an annualized rate
of 565,000, which is below the rate of 573,000 that had been expected«¶
But, just a push of the computer programmed trade button and off we go,
reality / valuation / economics be damned. In real security analysis (very
simplified / summarized), as opposed to the continued frauds on wall
street, one must begin with the largest and most significant aggregate (a
simple word picture / analogy: µrising tide lifts all boats¶). If you get this
right, the probabilities in your favor are substantially enhanced. From
there, you want leading industries, and leading companies within said
leading industries (again, larger aggregates then picks, to enhance
probabilities, not guarantees, in your favor). Your time frame, 1-3-5 yrs tops
for projections, (including income statement/EPS, balance sheet, and
applying an appropriate P/E ± a detailed, multi-faceted approach beyond
what could be described in this summary); and, that¶s all they are,
projections. Beyond that time frame, your guess. On fraudulent wall street,
every day, though already discounted in large part (6-8 mos, approx.), the
market spins, churns, and with lightning fast computerized high-frequency
trade programs commissions in huge volumes like no other time in
financial history when real valuation meant something, with no net
economic value added, but very lucrative to the frauds on wall street, which
ultimately is a net detriment to the economy / the nation /and other
industries as we¶ve seen and as described elsewhere on this site and in
these posts http://albertpeia.com . Preposterously, they even sometimes
refer to seasonal factors as if hearing them for the first time and
µexplaining¶ an up move (almost invariably already discounted). Today, they
shrugged off the deepening economic reality despite the election year
frothing / manipulations. This is a global depression. This is a secular bear
street churn and earn pass the hot potato scam / fraud as in prior crashes¶.
This national decline, economic and otherwise, will not end until justice is
fined, and disgorgement imposed. ].
Are You Ready For How Bad It Will Get? Graham Summers | µ,
'

: (
7 ;
',* <5
* #
#7

'
I realize this view is far from the consensus. Even those who are
in the bear camp aver that the Stimulus did in fact bring us out of recession
at least temporarily.
However, I would strongly contend that the recovery was in fact non-
existent for the following reasons:
1. The Government data used to validate the recovery (GPD,

unemployment, etc) is clearly massaged if not bordering on
outright propaganda
2. We are in fact in a depression and the ³recovery´ was

simply a bounce in economic activity taking place within the
context of a larger economy contraction
Regarding #1, every Government data point used in promoting the

³recovery´ had some degree of fudging in it. Let¶s consider GDP for
instance.
There are numerous devious tactics used to overstate GDP growth,
however, the most obvious gimmick the BLS uses is overstating GPD
growth in the present and then revising it lower in the subsequent
quarters.¶
that the stock market will crash before the end of 2010 , gold will soar.Y
+ 5

F#A
', !
# µSen. Ted Kaufman (D., Del.) has
been banging the drum on the need for regulatory changes to high
frequency trading for a while. His latest thoughts on the matter take the
form of a letter to SEC Chairwoman Mary Schapiro urging ² among other
things ² major high-frequency trading firms be required to register with
the Securities and Exchange Commission. Dow Jones Newswires¶ Jacob
Bunge reports:«¶

Depression.
³Surprisingly´ Bad Economic News Bob Livingston | Have you noticed

how often the elitist ³economists´ in government, academia and the media
are surprised by bad economic news?
The Bond Market Is Signaling Trouble Ahead Claus Vogt | My outlook for
the economy and the stock market has steadily and significantly
deteriorated since March 2010.
China Drains Obama Stimulus Meant for U.S. Economy Bloomberg |

Globalization is pitting the Wangs in China or Gandhis in India against the
Smiths in the U.S. or Gonzalezes in Spain.
Chossudovsky: China could already be world¶s largest economy It¶s
widely predicted that China¶s economy will be the largest in the world by
2020, overtaking the U.S. Only this week the country surpassed Japan to
become the world¶s second biggest economy by GDP.
Greek Bonds Slump As Austerity Backfires, Country Enters ³Death Spiral´,

And The Violent End Game Approaches Those patiently following the
Greek Bond-Bund spread to its inevitable conclusion have been fully aware
that the plan that Europe is betting its entire future on, is patently flawed:
namely that austerity, by its definition does not, and will not work.
Malaysian Province Moves To Gold And Silver-Based Currency In ³Main

Islamic Event Of The Last 100 Years´ More world governments are ³just
saying no´ to the ponzi. Last week, the Malaysian government of Kelantan
³said it was introducing a new monetary system featuring standardised
gold and silver coins based on the traditional dinar and dirham coins once
used by the Ottoman Empire.´
Analysts Foresee $1,300 Gold By Year-End Worries about a fragile U.S.

economy are likely to keep investors shifting toward gold and could push
the metal to fresh record highs near the $1,300 area by year-end, analysts
and traders say.
Kicked In The Groin: Health Insurance Companies Are Dramatically

Increasing Premiums Due To The New Health Care Law And There Is Not
Much We Can Do About It Wasn¶t the new health care reform law supposed
to make health care more affordable for everyone? Well, imagine my
surprise when I opened up a letter from my health insurance company
recently and found out that my health insurance premiums were going up
by nearly 50 percent.
geithner: Fannie, Freddie in need of overhaul (Washington Post) Now this

is an understatement from tiny tim, God bless us everyone. I think tiny
tim¶s more concerned with public perception over their haul of taxpayer
dollars.
Manufacturing, housing sectors exhibit diverging fortunes (Washington
Post) I¶d say understatement but I truly don¶t know what this headline
means juxtaposed with µfortunes¶.
Are You Ready For How Bad It Will Get? Graham Summers | There are
numerous components in the latest GDP number that are extremely
suspect.
China Slashes U.S. Government Bond Holdings By The Largest Amount

Ever China began reducing its holdings of U.S. government bonds again in
June, and in fact cut just its holdings by the largest 1-month amount ever.
18 Signs That America Is Rotting Right In Front Of Our Eyes Sometimes it

isn¶t necessary to quote facts and figures about government debt,
unemployment and the trade deficit in order to convey how badly America
is decaying.
Goldman Sachs Could be Largely Unaffected by µFinancial Overhaul¶ As

Wall Street scrambles to find the best and most profitable way to operate
under the new financial reform law, Goldman Sachs Group Inc. ² the firm
that was expected to suffer the most under the legislation ² could emerge
practically unscathed.
Tons of gold imports turn to dust on arrival Several tons of gold imported
into the UAE by traders and investors turned out to be fake on closer
inspection, resulting in millions of dirhams in losses and high levels of
stress to the victims.
Google Yanks ³Kill The Web´ Article That Warned Of Internet Takeover ( Y
DY0
| In the face of censorship, it¶s more important than ever that
people get the word out about Google¶s plan to kill the web.
Y
µBombshell Barack¶ and µKill Web¶ Heading to Top of Google Trends . Y

| Alex Jones would like to again thank everyone for their continued
support in spreading the message of truth.
Google Plans To Kill Web In Internet Takeover Agenda ( YDY0

|
Doomsday scheme will silence independent voices for good.
Provocateurs Spray-paint ³Infowars.com´ on Private Property in

Pennsylvania Ë Y | Fox News station in Pennsylvania insinuates
Infowars.com behind incident.
killing deal.
Drudgereport: NEW LOW FOR O: GALLUP DAILY SHOWS OBAMA 41%

APPROVE, 52% DIS...
Death of the 'McMansion': Era of Huge Homes Is Over...
Bankruptcies Reach Nearly 5-Year High...
REPORT: China targets U.S. troops with arms buildup...
Military power growing...
Pentagon warning...
E #
#
How long can America fend off the dragon?
'Without a revolution, Americans are history'...
:!!' µThrough last Friday, 2,127 US companies had
reported quarterly numbers this earnings season. What started out as a
strong earnings season is going out with a whimper (earnings season ends
tomorrow with Wal-Mart's report)«¶
Depression.
³Surprisingly´ Bad Economic News Bob Livingston | Have you noticed how
often the elitist ³economists´ in government, academia and the media are
surprised by bad economic news?
Are You Ready For How Bad It Will Get? Graham Summers | There are
numerous components in the latest GDP number that are extremely
suspect.
Without a Revolution, Americans Are History The United States is running

out of time to get its budget and trade deficits under control. Despite the
urgency of the situation, 2010 has been wasted in hype about a non-
existent recovery. As recently as August 2 Treasury Secretary Timothy F.
Geithner penned a New York Times column, ³Welcome to the Recovery.´
How Goldman Sachs Is Screwing Over Other Banks In The Coming GM IPO
As if its rivals didn¶t have reason enough to hate Goldman Sachs (GS),
they¶ve just been given one more reason.
China Favors Euro Over Dollar as Bernanke Alters Path Bloomberg |

China, whose $2.45 trillion in foreign-exchange reserves are the world¶s
largest, is turning bullish on Europe and Japan at the expense of the U.S.
Y
Y
F#(7 75) (' 2 !@=Economic numbers
being what they are (very poor), we should expect a downward revision of
second quarter GDP to 1.5% from the originally disappointing number of
2.4%. As more data is being released it is apparent that we are witnessing
even further deterioration here in the third quarter«We may have reached
a tipping point where many are tired of others being the benefactors of
taxpayer money «¶

:!(*!
# 5
#

@=The death cross occurs
when the 50 day moving average crosses the 200 day moving average on
the downside. These patterns, when combined with other technical
indicators can predict major market downturns«THE ODDS OF A LONG
TERM DOWNTREND ARE BECOMING HIGHLY PROBABLE. THESE
SIGNALS COULD POSSIBLY INDICATE THE START OF A TWELVE TO
EIGHTEEN MONTH DOWN CYCLE. Gold, on the other hand, has shown
great relative strength despite the general markets correcting and negative
sentiment about the economy from Washington«¶
Pension check may not be in the mail Chicago Tribune | Illinois public
employees who think the state constitution guarantees that they¶ll get all
their pension benefits
Back to School? Bring Your Own Toilet Paper New York Times | ³The first
time I saw it, my mouth hit the floor,´ Emily¶s mother, Kristin Cooper, said
of the list, which also included perennials like glue sticks, scissors and
crayons.
An Argentina-like Economic Crisis Scott Strzelczyk | The United States¶

economic decline precariously resembles Argentina¶s economic collapse.
U.S. Economy Near Point of No Return Dan Weil | The Federal Reserve¶s
decision to expand its quantitative easing by purchasing more Treasuries
is a dangerous one.
Obama Says Private Accounts Would Endanger U.S. Social Security
Benefits President Barack Obama said Republican proposals to have
people invest Social Security benefits in private accounts would increase
the U.S. budget deficit and put retirement money at risk to ³the whims of
Wall Street traders.´
The Trade Deficit Nightmare When they hear the word deficit, most
Americans immediately think of the U.S. government budget deficit which
is rapidly spiralling out of control.
Fed¶s Hoenig: Keeping Rates Too Low µDangerous Gamble¶ The Federal
Reserve is undertaking a ³dangerous gamble´ by keeping rates at near
zero for so long, and must start raising rates or risk damaging the nascent
U.S. recovery, a top Federal Reserve official said on Friday.
Will Quantitative Easing By The Federal Reserve Unleash Economic Hell?

The Economic Collapse | Most of the folks populating Congress are so
incompetent that they should not even be hired to mop the floors of a Dairy
Queen.
China surpasses Japan as world's No. 2 economy (Washington Post) [ As

if we didn¶t see that coming! ]
Dr David Kelly was on a hitlist, says UN weapons expert as calls grow for
full inquest Mail Online | Dr Richard Spertzel claimed Dr Kelly was on a
µhitlist¶ in the final years of his life.
Iran Attack This Week? Kurt Nimmo | John Bolton and the neocons refuse
to accept that Iran¶s facility will produce nuclear energy and insist it will be
used to create nuclear weapons.
The Hidden Tragedy of the CIA¶s Experiments on Children Shortly after

deciding to initiate her own LSD experiments on children, Bender attended
a conference sponsored by a CIA front group, the Josiah Macy Foundation.
Shilling for War on Iran I guess I was naïve in thinking that The Atlantic
and its American-Israeli writer Jeffrey Goldberg might shy away from
arguing for yet another war ² this one with Iran ² while the cauldrons are
still boiling in Afghanistan and Iraq. Even world-class chutzpah must have
its limits, I had thought.
is a dangerous one.

The Economic Collapse | Most of the folks populating Congress are so
Queen.
Drudgereport: O FALLS TO NEW LOW AT GALLUP DAILY...

China overtakes Japan as No. 2 economy...
8
*
# &*
'Without a revolution, Americans are history'...
9$$+"$!% 8
"

!2G44
House to cut food stamps to fund Mrs. Obama's 'let's move' initiative...
Banks to benefit most from White House effort to fight foreclosures...
Petraeus: 'We're doing everything we can' «[Sounds like a plan!]...
Builds Case for 'Success' in Afghanistan «[If only words could make it
so!]...
Karzai asks Obama for review of war...
Foreign troops deaths pass 2,000...
MYSTERY: West Wing of White House covered in tarp...
Harvard University fund sells all israel holdings... « UPDATE: Harvard
insists israeli shares sale not driven by boycott...
GOOGLEVERIZON Deal: Fears for Privacy...
HOW TO BEAR MARKET PROOF YOUR PORFOLIO Simon Maierhofer, On

Friday August 13, 2010, µ« The 22 trading days following the April 26
market highs erased eight months worth of gains. Bear markets move
much quicker than bull markets.
Rule #1: Better too Early than too Late
When preparing for a bear market (we'll discuss in a moment why we have
been preparing for a bear market), it is prudent to start early. Anyone who
sold their long positions as early as September last year would be in a
better position than the buy-and hold crowd that is still clinging to their
holdings.
Rule #2: Don't Trust Wall Street and the Media
By now, even the mainstream media is sensing that something might not
be quite right with the market's performance. However, there is still hope
that the second half of the year will get a lift from positive earning results.
Before you bet your money on that line of reasoning, consider the picture
the media painted days within the April 2010 market top.
April 19, 2010 'America is back - The remarkable tale of an economic

turnaround' ± Newsweek
'Recovery tilting to V-shape as profits prompts growth revision' -
Bloomberg
April 25, 2010: 'U.S. stocks cheapest since 1990 on analyst estimates' ±
Bloomberg
'Technical Analysts see room to roll' - Wall Street Journal
April 27, 2010 'Greece contagion fears unfounded' - Reuters
May 3, 2010: 'Manufacturing in U.S. grows at fastest pace since 2004 as

recovery gains traction' - Bloomberg
Over the past two and a half months, the S&P (NYSEArca: SPY - News) and
Dow (NYSEArca: DIA - News) have lost as much as 17%. A 20% loss is
considered the mark of a new bear market. In essence, we are only one bad
day away from the next bear. Of course, throughout the massive bear
market rally from the March 2009 lows, which the ETF Profit Strategy
Newsletter predicted via the March 2, 2009 Trend Change Alert, the
newsletter maintained that it was only a bear market trap which would fool
a majority of investors. On April 16 it stated that 'Most bulls have no clue
why they are bullish except for the fact that they feel the need to play the
momentum game. Sounds like 2000 and 2007 all over again. The message
conveyed by the composite bullishness is unmistakably bearish.'
Rule #3: Don't Underestimate Cash
In a period of falling prices, cash or cash equivalents like short term

Treasuries (NYSEArca: SHY - News) maintain your purchasing power -
long-term Treasuries (NYSEArca: TLT - News) are interest rate sensitive
and may move faster than you think. When stocks fall and you are able to
maintain your purchasing power, you are able to buy stocks at a discount.
In essence, cash offers a positive return in periods of falling prices.
Additionally, or alternatively, investors may choose to buy short or
leveraged short ETFs such as the Short S&P 500 ProShares
(NYSEArca: SH - News), UltraShort Russell 2000 ProShares
(NYSEArca: TWM - News) UltraShort S&P 500 ProShares (NYSEArca: SDS -
News), Short Financial ProShares (NYSEArca: SEF -News), Direxion Daily
Financial Bear 3x Shares (NYSEArca: FAZ - News) and many more.
Rule #4: Don't Procrastinate
On May 14, the ETF Profit Strategy Newsletter predicted that the S&P
(NYSEArca: IVV - News) will fall through the important 1,040 resistance
level. Aside from a small cluster of resistances (one being round number
resistance), a break below 1,040 opened the door wide for significantly
lower prices. We mentioned above that we've been preparing for a
reemerging bear market even before the April highs. Why? Simply put,
stocks are overvalued. How can that be? One of the above headlines read
that U.S. stocks are cheapest since 1990, at least according to analyst
projections. The key word is projections. Analysts project operating
earnings for the S&P to clock in at $94.83 in 2011. This is higher than the
2007 peak of $91.47. That's right, despite record high unemployment, a
European (NYSEArca: VGK - News) debt crisis, a 17% U.S. market
correction, and all the other problems economists expect corporate profits
will exceed their 2007 all-time highs. Does that sound reasonable to you?
Keep in mind that projected earnings are just that - projected. They can and
will change. In fact, analysts have a reputation of following the trend. In
April 2008, analysts predicted earnings of $113. After cutting its forecast to
$53, Goldman Sachs cut its earnings forecast to $40 in March 2009. As we
know today, stocks rallied, and actual 2009 earnings came in at $56.87. The
list goes on, but the simple message is that analysts tend to be overly
optimistic before the fall and overly pessimistic before a rally. Right now
they are overly optimistic. The conclusion is easy.
Rule #5: Know who to Trust
Even when basing the current P/E ratio on overly optimistic estimates, it is
still far away from the P/E ratios seen at historic market bottoms. The same
holds true for dividend yields. A look at various valuation measures shows
that the market is overvalued by much more than just 10 or 20%. The ETF
Profit Strategy Newsletter provides a detailed analysis of four valuation
metrics with a near spotless track record of historic accuracy«¶
No Exit, Stage Left or Right Peter shiff µ« Those who fear a double dip
recession are justified in their concerns, but they are also missing the big
picture. The 2008 recession never ended. It was merely interrupted by
trillions of dollars of stimulus that purchased GDP ³growth´ with borrowed
money. But as the bills come due, GDP should now contract « After
decades of abuse, it¶s time for the Fed to take make a dramatic exit,
because the US economy can¶t take it anymore.¶

The Dollar¶s Third and Final Act LewRockwell.com | The US credit system
is in the midst of its third credit crisis since the advent of the Federal
Reserve.
Roubini: Even If The Economy Doesn¶t Technically Double Dip, It¶s Still
Going To Be Awful If you haven¶t seen it already, I highly recommend this
interview with Nouriel Roubini. Particularly he raises the point that while
the U.S. may not technically double-dip into a new recession, it¶s going to
feel like it is.
Hindenburg Omen: Stock Market Crash Imminent? Easily the most feared
technical pattern in all of chartism (for the bullishly inclined) is the dreaded
Hindenburg Omen. Those who know what it is, tend to have an atavistic
reaction to its mere mention.
Capital Controls: The Final Phase in the Great Looting of America /Y
| Capital controls are the next big event in the government-banking-
oligarchy¶s great looting of America.
Jobless claims jump to 5-month high The number of first-time filers for
unemployment insurance rose to the highest level since late February last
week, according to a weekly government report released Thursday.
Deficit in July Totals $165.04 Billion The U.S. government spent itself
deeper into the red last month, paying nearly $20 billion in interest on debt
and an additional $9.8 billion to help unemployed Americans.
Bailouts Went To Foreign Banks: Congressional Report Confirms What We

Already Knew A Congressional Oversight Panel issued today highlights the
fact that large portions of the Treasury¶s $700 billion bailout fund have
gone straight into the coffers of foreign banks, a fact that we knew months
ago, but is only now being officially recognised.
Fed Leads America ³To The Brink Of Collapse´ Paul Joseph Watson |
Bernanke announcement that central bank will buy US debt marks point of
no return.
15 Economic Statistics That Just Keep Getting Worse The Economic

Collapse | Anyone who claims that things are getting ³better´ is either
ignorant, completely deluded or is purposely lying.
Economy Teeters On The Brink and Market Manipulation Continues Bob

Chapman | It¶s just the same old, same old, business as usual in America.
The Fed¶s New Round of Quantitative Easing Is Like Trying to Patch
Leaking Pipes by Pumping in More Water Washington¶s Blog | The
government hasn¶t even tried to replace the leaking sections of pipe in our
economy.
Is this finally the economic collapse? Fortune | Should we bite the bullet
and accept that current economic policy dictates 0% returns-on-savings,
even as Washington continues to lever-up our future to the point of
economic collapse?
U.S. Is Bankrupt and We Don¶t Even Know Bloomberg | Let¶s get real. The
U.S. is bankrupt. Neither spending more nor taxing less will help the
country pay its bills.
Marc Faber: Protect Your Property with High Voltage Fences, Barbed Wire,
Booby Traps, Military Weapons and Dobermans Investment guru and
publisher of The Gloom, Boom and Doom report, Marc Faber, regularly
discusses investment strategies for protecting and building wealth during
times of economic distress.
States get grants to help regulate health insurance rates (Washington Post)
Sounds like a plan « born of capital hill math; viz., ie., just sayin¶, $1
million for a bureaucracy that will cost many millions, even as states like
the nation itself are defacto bankrupt.
Regulators consider toughening overdraft rules even more (Washington

Post) Wow! They¶re tough « when talking millions instead of the hundreds
of billions of taxpayer funds they¶ve frittered away. You can¶t make this
stuff up!
Barclays Bank agrees to forfeit $298 million to authorities (Washington

Post) Well, they haven¶t gotten to the point just yet where it¶s just not
worth doing business in america, but they¶re workin¶ on it and getting¶
there!
In Supporting The Ground Zero Mosque, Barack Obama Falls On His Sword
[ I really wasn¶t inclined to comment on this because it¶s just not that big a
deal except as to exceedingly small minds. However, I feel I must say that if
the jewish Mayor of NYC who is certainly no slouch and really knows how
to count thinks it¶s ok, then it¶s OK. Period! ] With President barack
obama¶s political dynasty already on life support, his decision to publicly
back the hugely unpopular building of a Muslim mosque near Ground Zero
confirms that Obama, or rather the advisors that pull his strings, have
decided to commit political suicide and cut him loose from the Washington
power structure, with the hope of fooling Americans with another
establishment Republican as a legitimate alternative in 2012.
Makeup of Obama's housing reform panel draws ire (Washington Post)

[Wow! Talk about late to the party! I mean « a conference? It¶s not as if
this was some new or novel problem coming down the pike. Then there¶s
the everything but the core issue / problem approach that seems
recurringly fashionable.] Advocates say that the administration is
excluding consumer and community groups from playing prominent roles
in a government-sponsored conference next week that will kick off efforts
to overhaul national housing policy.
Warnings: Social Security at risk (Washington Post) [ Not this again! It

bears repeating, that was always a bad idea and there was a plethora of
reasons set forth on my site as to why the social security privatization plan
being shilled by moron war criminal dumbya bush on behalf of the wall
street frauds was an exceedingly bad idea. Indeed, as defacto insolvent as
america / the social security system is, the nation and system would have
been wiped out by privatization debacle. Talk about too big to, but still
failed. It was a bad idea then, and though accusations may fly as to fear
mongering, the reality of the venality attendant to such a preposterous
course on behalf of the wall street frauds requires vigilance, scrutiny, and
discourse concerning even the remote possibility of such a fool-hearty
betrayal of the citizenry of the nation. As such, as off the mark as wobama
has almost invariably been, he¶s on the mark on this. ]ANALYSIS | Obama
says GOP wants to privatize program, but liberals see a different threat.
Foreclosures surge 9 percent in July (Washington Post) Those glass-half-

full frauds on wall street along with the administration will be cheering this
unequivocally bad news with a dubious retort as µused home sales will rise¶
« riiiight! Anything you say «
Stocks dip for third straight day (Washington Post) [Investor fears? How
µbout reality. Even an essentially non-business site as Drudge has the
pulse of this pervasive realization that µthose dogs of happy days are here
again don¶t hunt no more¶. Check the heads: DRUDGEREPORT: America Is
'Bankrupt Mickey Mouse Economy'...
WIRE: USA 'Bankrupt and We Don't Even Know It'...
DEFICIT ADDS $165,040,000,000.00 -- IN ONE MONTH!
YOUTH UNEMPLOYMENT HITS RECORD HIGH
JOBLESS CLAIMS JUMP TO HIGHEST SINCE FEB...
California can't pay bills -- may use IOUs for August payments...
Homes lost to foreclosure up 6% from last year...
Grim Voter Mood Turns Grimmer... and Economists Herald New Great
doom on a scale not seen since the 1930s. Peter Schiff: ³We¶re in the Early
a bleaker diagnosis for the economy: an inflationary depression. My take:
This is a global depression. This is a secular bear market in a global
depression. The past up move was a manipulated bull (s***) cycle in a
secular bear market. This has been a typically manipulated bubble as has
preceded the prior crashes with great regularity that the wall street frauds
and insiders commission and sell into. This is a typical wall street churn
and earn pass the hot potato scam / fraud as in prior crashes¶. This
national decline, economic and otherwise, will not end until justice is
fined, and disgorgement imposed
Pearlstein: The FCC and the bandwidth wars (Washington Post) [The
internet has been among the few areas of growth and american
prominence, at least at this point in time. Clearly, as with the throng that
heralded in NAFTA, the self-interested voices of ie., google, verizon, etc.,
are similarly anathema to the greater good (as was NAFTA). Berners-Lee
spoke against such parochialism in no uncertain terms, much as did Ross
Perot on NAFTA and history has proven Perot correct as is so of the mind
numbing approaches of google, verizon, etc.] Google-Verizon Pact: It Gets
Worse (infowars.com) [ Timothy Berners-Lee, putative father of the internet
along with Cerf, has already weighed in on this topic and strenuously
opposed same and whose learned opinion should be given great weight.
google and verizon as mere government shills at best and government, ie.,
nsa / cia, etc., operatives at worst, are µjohnny-come-latelies¶ and died fast
in government hands! ]. So Google and Verizon went public today with
their ³policy framework´ ² better known as the pact to end the Internet as
we know it.
AP Business Highlights µ7 ' !

'
WASHINGTON (AP) -- The economy is looking bleaker as new applications
for jobless benefits rose last week to the highest level in almost six
months. It's a sign that hiring remains weak and employers may be going
back to cutting their staffs. Analysts say the increase suggests companies
won't be adding enough workers in August to lower the 9.5 percent
unemployment rate. First-time claims for jobless benefits edged up by
2,000 to a seasonally adjusted 484,000, the Labor Department said
Thursday. That's the highest total since February. Analysts had expected
claims to fall«¶

4.-$) [Talk about contrarian indicators!]
AAII ± µBullish sentiment rose 9.4 percentage points to 39.8% in the latest
AAII Sentiment Survey. Despite the size of the increase, the proportion of
individual investors expecting stock prices to rise over the next six months
is only at a two-week high. The historical average is 39%. Neutral
sentiment, expectations that stock prices will stay essentially flat over the
next six months, fell 1.3 percentage points to 30.1%. The historical average
is 31%. Bearish sentiment, expectations that stock prices will fall, dropped
8.1 percentage points to 30.1%. This is a 14-week low. The historical
average is 30%. The survey period, Thursday through Wednesday, needs to
be taken into consideration when looking at these results. Stock prices
were essentially flat through most of this week's survey period (with the
obvious exception of yesterday), giving some investors hope that a short-
term bottom had been established. Though there were big changes in
bullish and bearish sentiment, both optimism and pessimism are close to
their historical averages. As a result, I would argue that individual
investors' confidence in the market remains fragile«¶
Lavish lifestyle for bank executive in Waters case (Washington Post) While
this is typical of California, isn¶t it as typical of the wall street frauds?
Scammin¶ everybody with that too big to fail b*** s*** when they¶re a net
economic drain, high frequency churn-and-earn computer programmed
trading scams among the more blatant frauds emanating from their
insatiable greed and sense of entitlement. Previous post: Cities, counties
could slash 500,000 more jobs (Washington Post) Could? I¶d say must.
Particularly when you factor in that this election µspurt¶ leaving the nation
even more bankrupt is illusory. I had occasion some time ago in speaking
with a long-time California resident (instructor at the college gym where I
worked out) to express my surprise at the bloated (municipal, state) high-
priced bureaucracy which of course is not productive except as to higher
taxes and which is at the forefront in the city of Bell where the city manager
was paid nearly 900,000 annually (with benefits the package was an
incredible $1,500,000), and specifically mentioned the part-time typical
compensation of $100,000 and contracts to interested, even familial,
parties. Of course, no one has done this better than feinstein, albeit on a
more federal level and China contracts through her husband¶s companies,
as previousl set forth on this website. Drudgereport: 'Where do the bailouts
end?' [I feel compelled to comment here that even capital hill math would
be hard-pressed to justify $26 billion taxpayer / treasury dollars they don¶t
really have, to save 300,000 state / local government jobs! After all, the
nation is defacto bankrupt! ]
Bailouts benefited foreign firms (Washington Post) True enough! But, truth
be told, the fraud giving rise to the financial debacle was home grown
americana. Moreover, the remnants of same are still out there in the
trillions, now µmarked to anything they so choose¶, courtesy of a complicit,
albeit after the fact, congress. This is the point « rather than as should
have been the case of making the perps pay, the bailouts / cover-ups by
now enablers if not accomplices is ending quite badly with much worse to
come, and that includes those european lightweights who have come into
the fraudulent wall street fold to theirs and the world¶s economic and
financial detriment.
U.S. trade deficit startles markets (Washington Post) [ Unexpectedly? I

don¶t think so! And, I have my site, other references / links and posts to
prove it; and, what¶s more, I¶m not alone. After all, what are NAFTAs for
anyway. However, I also must candidly admit I don¶t frequent the
mainstream blather / propaganda that includes the µmoney-honeys¶ (when
the messenger¶s more important than the message, problems and
distortions are bound to follow) and their ilk, etc.. NBR¶s about it and even
they have their pressures (I don¶t consider the Washington Post
mainstream in the pejorative sense of the word, with a rich journalistic
history to back that up, all things considered) ]. Unexpectedly bad news
from three continents reinforces fears that global recovery is faltering.
Obama signs $26 billion jobs billY (WP) [I feel compelled to comment here
that even using capital hill math one would be hard-pressed to justify $26
billion taxpayer / treasury dollars they don¶t really have, to save 300,000
state / local government jobs! After all, the nation is defacto bankrupt! I
think the former Soviet Union would have done the same.]Y
Fed action signals new activism (Washington Post) [ Riiiiight! The activist
fed! That¶s all we need. As if we needed more of what brought us to this
point! Certainly the fed¶s role in the continuing and current financial crisis /
debacle cannot be ignored or disputed. Nothing like a hegelian
methodology to create the very problems for which they are called upon to
offer solutions, increasing their sense of importance, and concentrating
power thereby. (Think about it. It is really rather quite absurd that each
meeting time the financial markets hold their bated breath for these
incompetent boobs). Then there¶s the cover-up with an opportunity for
enrichment of some, usually the tight-lipped yes-men then ever after and
forever bonded in what becomes tantamount to an almost fraternal link by
µvirtue¶ of the crime thereby. No, I¶m not saying their initial missteps were
necessarily badly intended, but the manipulations thereafter to obfuscate
their incompetence (senile greenspun, no-recession-helicopter-ben, etc.)
comes at a great price and is nothing less than tantamount to or just
outright crime. I¶d abolish the fed without hesitation or compunction. After
all, at this point of decline and defacto bankruptcy of the nation you
certainly can¶t point to success nor argue their indispensability. Then
there¶s also the missing trillions, over-printing of fiat currency, and all that
sub rosa activity with the worthless fraudulent toxic paper which I believe
is being supplanted with ultimately hard currency to the great benefit of the
frauds and great detriment to the nation.] Y
ACCORDING TO TECHNICAL INDICATORS, MELTDOWN IS POSSIBLE

Simon Maierhofer 2&)h ,E28+E8&E An analysis of the SMA
crossover buy/sell signals triggered for the S&P over the past 10 days
shows that six of the eight signals (75%) were correct. ..)2::h9:,
288E2,Many dismiss the 200-day or other SMAs as lagging indicators.
Although an indicator may be lagging it doesn't mean it's incorrect or
should be dismissed« Even though a lagging indicator, the rain does
confirm that a storm is coming. 2(E&-28,h>2((E&28FYou'd expect
Wall Street and the financial media to be the financial weather man and
warn you of upcoming storms. Unfortunately, that is not so. Leading up to
the April 2010 recovery highs, Wall Street and the media proclaimed the
skies are clear, 'sunny throughout the year' was their weather forecast.
Only after investors got drenched, did Wall Street recommend pulling out
the umbrella. Sure enough, as soon as the umbrellas came out, stocks
switched into rally mode and the sky cleared up. Unlike Wall Street, the ETF
Profit Strategy Newsletter warned of the brewing storm while it was still
sunny. On April 16, the newsletter warned that 'historically, there has rarely
been a more pronounced sell signal ... When consumers spend, they do so
with credit cards. Visa and Master Card both got hit with a death cross. It's
just a matter of time until the discretionary sector follows. $2h,1,FEh
&E«High copper prices are reflective of high demand and a humming
economy. Lower copper prices signal trouble ahead. On June 22, an
ominous death cross visited copper's chart. (,,h9:,F& h9&E
2>&EInvesting is a game of probabilities. While you always want to have
the odds in your favor, you never want to bet against the odds. Right now,
the odds are piling up on the bearish side of the ledger. Even though Wall
Street is saying that the sky has cleared up, 'meteorologists' with a better
track record are warning of the storm ahead. In fact, there is one rare chart
formation that strongly suggests the onset of a 2008-like decline, a
development that's certainly supported by the number of death crosses
spanning a variety of markets. The August issue of the ETF Profit Strategy
Newsletter includes a detailed short, mid and long-term forecast, along
with the one chart that tells the market's story and true bearish potential.
Congressman Calls Vote on $26 Billion Jobs Bill a Sign µWe¶re Not
Bankrupting the Country Fast Enough¶ With a tone of sarcasm, a California
Republican congressman said that he ³knows´ why members of the U.S.
House of Representatives were summoned from their home districts back
to Washington, D.C., and the halls of Congress.
Crowd waiting for housing vouchers gets rowdy Atlanta Journal-

Constitution | A crowd of people hoping to get federal housing assistance
became unruly Wednesday morning with reports of fights breaking out in
the crowd.
Californians¶ income falls for first time since WWII Sacramento Bee | The
personal incomes of Golden State workers fell by that amount in 2009
compared with the previous year.
Google-Verizon Pact: It Gets Worse [ Timothy Berners-Lee, putative father

of the internet along with Cerf, has already weighed in on this topic and
strenuously opposed same and whose learned opinion should be given
great weight. google and verizon as mere government shills at best and
government, ie., nsa / cia, etc., operatives at worst, are µjohnny-come-
latelies¶ and died fast in government hands! ]. So Google and Verizon went
public today with their ³policy framework´ ² better known as the pact to
end the Internet as we know it.
San Francisco Fed: ³A Recessionary Relapse Is A Significant Possibility

Sometime In The Next Two Years´ [ Picture the fed as a pseudo ninja with
fancy foreplay / motions getting decked / µkoed¶ with a simple right-hook to
the jaw by the antagonist named reality. All this finagling, manipulation, fiat
currency over-printing, and nation bankrupting debt, and « nothing / nada
/ µgrowth µ estimates revised downward, unemployment unabated since
economic reality figures somewhat in hiring to say the least, and jobs
transferred overseas ain¶t comin¶ back. Quite simply, this is a depression
no matter what they call it! ] Presented without commentary, suffice to say
that idiots who look at the LEI and factor for the curve inversion
subindicator deserve all they get.
Peter Schiff: ³We¶re in the Early Stages of a Depression´ 'Y.Y |

Four years and the worst recession since the Great Depression later, Schiff
stands alone again with a bleaker diagnosis for the economy: an
inflationary depression.
Y
Democrats, Advocacy Groups Blast Cuts to Food Stamps to Fund $26B Aid
Bill Some Democrats are upset and advocacy groups are outraged over the
raiding of the food-stamp cupboard to fund a state-aid bailout that some
call a gift to teachers and government union workers.
15 Economic Statistics That Just Keep Getting Worse A little over a week
ago, U.S. Treasury Secretary Timothy Geithner penned an article for the
New York Times entitled ³Welcome To The Recovery´ in which he touted
the great strides that the U.S. economy was making.
America Is µBankrupt Mickey Mouse Economy¶: CIO America is a ³Mickey
Mouse economy´ that is technically bankrupt, according to Jochen
Wermuth, the Chief Investment Officer (CIO) and managing partner at
Wermuth Asset Management.
DRUDGEREPORT: America Is 'Bankrupt Mickey Mouse Economy'...

WIRE: USA 'Bankrupt and We Don't Even Know It'...Y
California can't pay bills -- may use IOUs for August payments...Y
DEFICIT ADDS $165,040,000,000.00 -- IN ONE MONTH!Y
Homes lost to foreclosure up 6% from last year... Y
Grim Voter Mood Turns Grimmer...
Claims of Afghan civilian deaths spark protest...
Military sees heavier fighting in fall...
PAPER: 10 reasons why Obama presidency is in meltdown...
GALLUP: Even the Poor Are Abandoning Obama; Approval Under 50%...
Obama abolishes White House position dedicated to transparency...
Michelle Obama popularity falls...Y
UPDATE: Suspected serial killer arrested in Atlanta...Y
Attempting to flee to israel « to be with kindred spirits ...
MOB RUSH FOR FED AID DRAWS RIOT POLICE
DOW drops 265...
Feds rethink policies that encourage home ownership...
Obama: $3 Billion More in Aid for Unemployed...
US posts widest trade gap in 20 months...
Q2 GDP Growth Could Be Revised To Just 1% After Trade Data...
PUMP: FED TO BUY MORE DEBT...
&$9:E2 &,)&&+
US-backed fighters in Iraq defect to al-Qaida... [Winning hearts and minds « for
Al Qaida « just one too many civilian deaths for no good reason at all ]Y
BACK TO SPEND SOME MORE!
Republicans Suggest Names for 'Second Stimulus' Bill...
'Where do the bailouts end?' [I feel compelled to comment here that even
capital hill math would be hard-pressed to justify $26 billion taxpayer /
treasury dollars they don¶t really have, to save 300,000 state / local
government jobs! After all, the nation is defacto bankrupt! ]
Y
Y
9 Reasons Why You Won¶t See A Jobs Recovery Anytime Soon In two
words: small businesses.
Federal Employees Earn 30 to 40 Percent More than Private-Sector
Workers, Study Finds Federal employees earn 30 to 40 percent more
money than their private sector counterparts on average, a study from the
conservative Heritage Foundation finds.
The Oil Price Surge Indicator Says There¶s A 100% Chance Of A New
Recession No, that headline is not a typo.
Gerald Celente On the Alex Jones Show: Double Dip Depression Will Lead
Us Into War The white shoe boys are taking us into the worst depression in
history.


the 1930s.YY
Ambac says it's working on bankruptcy filing MBIA Inc. reports a

quarterly profit, while rival bond insurer Ambac Financial Group posts a
loss....
Y
Y
Food Inflation Coming To A Household Near You, As Wal-Mart Hikes Prices

At Fastest Pace Since Early January Nothing to see here, except yet
another sign of the food inflation that¶s the story of the moment.
Albert Edwards Explains How The Leading Indicator Is Already Back Into
Recession Territory And Why The Japan ³Ice Age´ Is Coming Albert
Edwards reverts to his favorite economic concept, the ³Ice Age´ in his
latest commentary piece, presenting another piece in the puzzle of
similarities between the Japanese experience and that which the US is
currently going through.
The Horrific Derivatives Bubble That Could One Day Destroy The Entire
World Financial System Today there is a horrific derivatives bubble that
threatens to destroy not only the U.S. economy but the entire world
financial system as well, but unfortunately the vast majority of people do
not understand it.
Fed set to downgrade outlook for US

Y' | The Federal Reserve
is set to downgrade its assessment of US economic prospects.
Goldman Made Between $11 And $16 Billion In 2009 Trading CDS And
Other Derivatives As part of its most recent FCIC grilling, David Viniar left
the political theater a month ago with a homework assignment to disclose
all of the firm¶s derivative profits, as well as provide granular detail on its
derivative trades.
Japan Redux: A Video Case Study Of The Upcoming U.S. Lost Decade
Whether one believes in inflation or deflation, one thing is certain: in many
ways the current US experience finds numerous parallels to what has been
happening in Japan for not one but two decades.
Pentagon can¶t account for $8.57 billion in Iraqi funds B is for billions. And
b is for it¶s hard to believe that they¶ve done it again. The last time, even
more money vanished, which I noted in my article, Following Pentagon
trillions to Israel and 9-11. This was under the Zionist Dov Zakheim¶s watch
as Comptroller of the Pentagon from May 4, 2001, to March 10, 2004.
Wall Street bill sweeps away stray remnant of 1933 Glass-Steagall Act In
seven simple lines buried in this year¶s financial overhaul bill, lawmakers
swept away one of the last vestiges of the 1933 Glass-Steagall Act that held
sway over markets for decades.
Small firms pay price of bank boom: As bankers celebrate more profits,
more companies die from lack of loans Small businesses are paying the
price for the banks¶ dramatic return to bumper profits.
Dollar approaches 15-year low against yen The dollar plunged to a fresh
eight-month low against the yen after US employment data disappointed
expectations, raising the prospect of looser monetary policy from the
Federal Reserve.
Riiiiight! That µno-longer looking¶ dynamic that saves the day and the ue
rate at 9.5%. At this rate of progress, and according to their thinking and
manipulations, full employment at an unprecedented 0% unemployment is
just around the corner as everyone stops looking for the jobs no longer
here, many of which were sent overseas and which are not coming back
owing to substantial economic structural / financial shifts.
Jobs Report: Companies Slow to Hire ABC News - Only about 8 percent of
the 8.4 million jobs lost at the peak of the recession have been recovered,
leaving millions of Americans still looking for work, according to an
analysis by ABC News' Business Unit. Video: News Update: US
Unemployment Rate Holds at 9.5%, 71,000 Jobs Added in June
SmarTrend News 71K more jobs not enough to dent unemployment rate
The Associated Press
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being between a rock and a hard place is not a good place to be. That is
where the market is right now. We continue to have terrible news in the
housing sector. There is no general economic recovery as of yet. Jobless
claims continue to mount, while net new jobs are not being created in a
significant enough number to even sustain the population growth
(approximately 150,000 net new jobs per month needed). By far the majority
of economic reports for May, June, July, and now August, have been worse
than forecast. That includes home starts, home sales, home-builder
confidence, retail sales, auto sales, consumer confidence, durable goods
orders, manufacturing, jobs, etc. Yet the market rallies or barely goes down
on these bad reports. What gives? It seems that bad news is good news
right now«
Social Security in the red this year Washington Times | Meanwhile

President Obama¶s health care overhaul has given Medicare¶s basic
Hospital Insurance an extra 12 years of financial stability, though it did not
solve all of the program¶s long-term challenges.
U.S. Employers Shed Jobs WSJ | he U.S. economy shed more jobs than
expected in July while the unemployment rate held steady at 9.5%, a further
sign the economic recovery may be losing momentum.
Impoverished U.S. City Will Close Libraries Mob infested, pervasively

corrupt jersey¶s most impoverished city will close all three branches of its
public library at year¶s end unless a rescue can be pulled off. Camden¶s
library board says the libraries won¶t be able to afford to stay open past
Dec. 31 because of budget cuts from the city government. The city had its
subsidy from the state cut.
Federal Reserve.
IRS To Withhold Indicator That Shows Refunds Owed To Taxpayers Think

of all the budget savings from the ever increasing lack of transparency.
Visualize Your State¶s Financial Collapse Better Than Ever Just because
wishing away local and state financial collapse doesn¶t work quite as well
as it does at the Federal level (courtesy of everyone¶s favorite printer
genie), attached is a terrific interactive chart.

#2 !' h8
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Leigh Drogen µI sold
out of everything this morning, for a few reasons«First, breakouts don¶t
always work and momentum stocks have a habit of ending their trends
abruptly.
Second, «I can buy back in this afternoon if I change my mind (not likely). I
see more risk to the downside here than I do to the upside. «Third, the
jobs number tomorrow scares me. No, it doesn¶t matter what the number is,
we all know it¶s going to be bad, what matters is how the market reacts,
and I have the feel it¶s not going to be good. Fourth, many of my oscillators
are overbought here.Fifth, and finally, I don¶t like the fact that this rally has
primarily taken place on the back of the most beaten down sectors. «It all
just doesn¶t pass the smell test for me. I¶ve been successful at this not
because I¶m always right, but because I know when I¶m wrong and I¶m
willing to change course or step aside. Right now, I¶ll step aside.¶
$

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Food stamp use hit record 40.8m in May The number of Americans who
are receiving food stamps rose to a record 40.8 million in May as the
jobless rate hovered near a 27-year high, the government reported
yesterday.
Journalists Still Hiding Obama¶s Broken Promises on Jobs On Aug. 6,

everyone¶s attention will be fixed on the release of July¶s unemployment
numbers. The national unemployment rate is forecast to increase to 9.6
percent, according to Bloomberg News¶ survey.
Gold Alternative To Debt and Market Manipulation The Keynesians are on

the edge of implementing more quantitative easing (QE) as we predicted
they would.
11 Reasons Why The Federal Reserve Is Bad Millions of Americans are

waking up to the fact that the Federal Reserve is bad, but very few of them
can coherently explain why this is true.
$?E9 E,h2,h9:,F2EhF(&,9,h2)Simon Maierhofer,

August 3, 2010
¶« Will Anything Stop the Market? Something Did
« At the same time, the April numbers were lowered the second time by an
additional 24,000 units, while May sales were revised lower by 33,000 units.
To summarize, April and May sales were reduced by 57,000 units.
Therefore, June sales were 24% above May sales. By the way, May sales
were the lowest on record«

Treasury Secretary Timothy Geithner: Unemployment Could Go Up Before

It Comes Down [Ooooh! Sounds like a plan µtiny tim¶! « God bless us
everyone! ] Treasury Secretary Timothy Geithner acknowledged that it is
still a ³tough economy´ for most Americans, and warned it¶s possible the
unemployment rate will go up for a couple of months before it comes down
as more people enter the labor force.
China Officially Enters The Gold Market: Full Release Of PBoC¶s Plan To
Expand And Develop China¶s Gold Infrastructure The moment many gold
bulls have been waiting for ± the Chinese Central Bank has just released a
directive informing everyone it is commencing the development of a
healthy gold market.
The Dollar Continues To Fall Like A Knife, As Euro Breaks Well Above
$1.32 Another violent change of direction from what we¶ve come to expect
from the euro and the dollar.
22 Statistics About America¶s Coming Pension Crisis That Will Make You
Lose Sleep At Night As the first of the 80 million Baby Boomers have
begun to retire, it has become increasingly apparent that the United States
is facing a pension crisis of unprecedented magnitude.
Americans who swap passports London Telegraph | At the US Embassy in

London, there is a waiting list that none of the officials likes to discuss. At
the US Embassy in London, there is a waiting list that none of the officials
likes to discuss. On the list are Americans hoping to give up their
citizenship« (sure sign of insanity « I mean, Orwellian england of all
places?)
Temporary Firehouse Closures Begin In Philadelphia CBS 3 | The city of

Philadelphia has started temporarily closing fire stations in order to
balance its budget.
Layoffs to gut East St. Louis police force St. Louis Dispatch | East St.
Louis will layoff 37 employees, including 19 of its 62 police officers.
Come on! Who are they kidding? All the data was bad, and that µnot bad as
expected dog don¶t hunt anymore¶!
They¶re losing their minds in china:

Silicon Alley Insider: µ« The first big economic news of the week was the
Chinese PMI which indicated that Chinese manufacturing was inching ever
closer to contraction. But contrary to the expectations of some, it did not
spook investors. In fact, Asia had a very big night, with Shanghai gaining
about 1.3% «¶;
europe:
the basket-case eu economy, with obfuscation taken directly out of the
fraudulent wall street playbook including fake stress tests, saw air ball
stock rally based on earnings data long ago discounted;
u.s.:
We already know they¶re criminally insane on wall street! Yahoo: µ«The
mood improved further still after the ISM Manufacturing Index for July
came in at 55.5. That may have marked a pullback from the 56.2 of June,
but it exceeded the 54.2 that had been widely expected ...¶
Oh, yeah « there¶s also the higher oil prices, ever more worthless Weimar
dollar part of the rally, and so on!
This is an especially great opportunity to sell / take profits since there is

much worse to come!
Warning Signs Suggest Market Headed for Another Collapse «YOne can
find no shortage of fundamental or mechanical theories explaining what
might form the basis of a future financial collapse published at Zero Hedge,
by Nassim Nicholas Taleb, Nouriel Roubini or Karl Denninger. In fact, I buy
into a lot of the evidence presented by these sources, and believe that one
gains a better grasp of financial reality spending 10 minutes with Zero
Hedge than spending 2 weeks listening to the mainstream financial media.
It is laughable to compare the vacant drivel coming out of Dennis Kneale to
even one single article published by Tyler Durden or Ryan Iskander«Y
1. HEAD & SHOULDERS ON THE S&P 500, DOW JONES, AND NASDAQ «
2. BULLISH FLAG ON THE VIX? We can¶t have a massive spike in volatility

without a coinciding collapse in the equity markets «
× YY
Y YY
Y

YYY YYY
YY Y
4. THE VOLUMELESS RALLY & MUTUAL FUND OUTFLOWS

«
5. 1,000 POINT FLASH CRASHES

«
6. BOND MARKET DISTRUSTFUL OF THE RALLY

«
7. MARKET LEADERSHIP IS WEAKENING

[chart] « µ
INSIDER TRANSACTIONS (Washington Post) This is a global depression.

This is a secular bear market in a global depression. The past up move was
a manipulated bull (s***) cycle in a secular bear market. This has been a

instead of 2010.
latest.
2010 and 2012
Why Must The Media Keep Trotting Out Senile Incompetent greenspun And
His Economic Lunacy? «and we continue to talk ourselves off the edge of
the cliff. For the second week in a row Meet The Press trotted out the most
financially incompetent of the financially incompetent and placed them on
their undeserving pedestal.
Key Components Of America¶s Military Are Now Dominated By A Chinese

Monopoly Most of America¶s key military technologies require rare earth
elements, whose production China holds a near-monopoly over.
alan greenspan: ³The Financial System Is Broke´ We will be in deflation

until the broke financial system becomes unbroke« and then we will have
hyperinflation. [Little bit late to be talkin¶ the obvious truth!]
Trying to make August less of a 'dog' with sidewalk sale (Washington Post)
Sounds like a new, new plan to deal with the overwhelming success of the
panoply of government stimulus / tarp, etc., plans µfinanced¶ with money
they don¶t have and taxpayer µlargesse¶. For those who¶ve lived long
enough, they¶re waiting for the apple carts.
Did TARP work? Two economists say yes. (Washington Post) Come on!
What do you expect them to say? They¶re invested in that position having
supported same despite the massive fraud for prosecution and
disgorgement was appropriate. Indeed, moody¶s itself has been faulted
(liable?) for lax valuation / rating standards which contributed to the
debacle. Moreover, these µcheerleaders¶ can always be counted on to toe
the network line which ultimately enables the ubiquitous frauds we¶ve
seen. Amazingly, senile incompetent greenspun, co-architect / enabler of
the fraud / debacle was interviewed and used such words in conjunction as
µmodest recovery, pause, double-dip possible, quasi recession¶. What total
b***s***!
Are the American people obsolete? Salon | The richest few don¶t need the
rest of us as markets, soldiers or police anymore. Maybe we should all
emigrate.
What's coming this week (Washington Post) How µbout last week and the
new american economic institution colloquially now known as µbank failure
Friday¶ (the news dump so as to avoid the so-called µnews cycle¶). Then,
let¶s hope for real rather than election-year market frothing fake / false /
manipulated data.
U.S. bank failures total 108 after 5 shut on Friday U.S. bank failures reached
108 so far in 2010 on Friday as regulators seized five small banks in the
Pacific Northwest and the Southeast, none publicly traded.
Foreclosures Continue To Dramatically Increase In 2010 Economic

Collapse | RealtyTrac says that unemployment has become the major
reason for foreclosures. In a very alarming sign for the U.S. economy,
foreclosures have continued to dramatically increase in 2010. But there has
been a shift.
U.S. recovery hopes fade as economic growth dips Washington Post | The
recovery is fading, and a troubling new pattern is setting in: economic
growth that is too slow to put Americans back to work. The recovery is
fading, and a troubling new pattern is setting in: economic growth that is
too slow to put Americans back to work.
Ron Paul Goes After The SEC¶s FOIA Exclusivity, Introduces SEC
Transparency Act What is unclear is whether the Ron Paul law prohibts
SEC staffers to spend 40 hours per week to browse porn on the taxpayer¶s
dime.
U.S. recovery hopes fade as economic growth dips The recovery is fading,
and a troubling new pattern is setting in: economic growth that is too slow
to put americans back to work.
Stocks' Late Push: Some Optimism, Some Pessimism [Late push « as in a

constipated bowel movement « Come on! Another one of those push the
computer programmed trade button and off we go, reality / valuation /
economics be damned. In real security analysis (very simplified /
summarized), as opposed to the continued frauds on wall street, one must
begin with the largest and most significant aggregate (a simple word
picture / analogy: µrising tide lifts all boats¶). If you get this right, the
probabilities in your favor are substantially enhanced. From there, you
want leading industries, and leading companies within said leading
industries (again, larger aggregates then picks, to enhance probabilities,
not guarantees, in your favor). Your time frame, 1-3-5 yrs tops for
projections, (including income statement/EPS, balance sheet, and applying
an appropriate P/E ± a detailed, multi-faceted approach beyond what could
be described in this summary); and, that¶s all they are, projections. Beyond
that time frame, your guess. On fraudulent wall street, every day, though
already discounted in large part (6-8 mos, approx.), the market spins,
churns, and with lightning fast computerized high-frequency trade
programs commissions in huge volumes like no other time in financial
history when real valuation meant something, with no net economic value
added, but very lucrative to the frauds on wall street, which ultimately is a
net detriment to the economy / the nation /and other industries as we¶ve
seen and as described elsewhere on this site and in these posts
http://albertpeia.com . Preposterously, they even sometimes refer to
seasonal factors as if hearing them for the first time and µexplaining¶ an up
move (almost invariably already discounted). Today, they shrugged off the
deepening economic reality despite the election year frothing /
manipulations. This is a global depression. This is a secular bear market in
a global depression. The past up move was a manipulated bull (s***) cycle
in a secular bear market. This has been a typically manipulated bubble as
has preceded the prior crashes with great regularity that the wall street
frauds and insiders commission and sell into. This is a typical wall street
churn and earn pass the hot potato scam / fraud as in prior crashes¶. This
Slowing economic rebound raises unemployment fears (AP) [Wow! Talk

about understatements!]
China Becomes Second Biggest World Economy China has overtaken

Japan to become the world¶s second-largest economy, the fruit of three
decades of rapid growth that has lifted hundreds of millions of people out
of poverty.
Hank Paulson Wants To Fix Fannie And Freddie By« Recreating Fannie
And Freddie Former Treasury Secretary, Goldman Sachs CEO, and bailout
architect Hank Paulson has a bit of a head-scratcher of an op-ed in the
Washington Post this evening all about charting a course for sustainable
housing policy in the US.
Marc Faber Questions if Dow Could Hit 1,000 In the August edition of the
µThe Gloom, Boom & Doom Report¶ Marc Faber questions whether the Dow
could hit 1,000 as predicted by Robert Prechter, based on his interpretation
of Elliot Waves, Fibonacci numbers and socioeconomic trends. Prechter,
who has written 13 books on finance (external link), believes that the stock
market is historically overvalued in terms of dividends and earnings,
because of a ³great rise in positive social mood.´ But the mood changed in
2000 and the ³trend toward negative social mood will lead to an economic
contraction,´ according to Prechter. ³Small bear markets lead to
recessions, big bear markets lead to depressions. The current bear market
will be the biggest in nearly 300 years, so the depression will be
correspondingly deep,´ Prechter said.
The International Money Changers Reward the Euro for Forcing Austerity
Activist Post | The growing noise for ³solutions´ to America¶s very real
debt problems is becoming louder as the calls for confiscating Social
Security and Pensions are now everyday news.

$ 5 5 ! #E U.S. stocks sagged in
volatile trading on Thursday after weak outlooks from technology
companies and downbeat comments from a Federal Reserve official gave
investors little reason to buy.
US Treasury is running on fumes The White House is screaming like a

stuck pig. WikiLeaks¶ release of the Afghan War Documents ³puts the lives
of our soldiers and our coalition partners at risk.´
Trillions for Wall Street Mike Whitney | The bottom line? When Wall Street
is hurting, money¶s never a problem.
Look What Surprises They Snuck Into The Financial Reform Bill The
Economic Collapse | The financial reform bill was supposed to ³fix´ Wall
Street and the financial system, but it did not do much of anything. Even
just a decade ago, major pieces of legislation in the U.S. Congress would
be just a few dozen pages long. But today, it seems like every time
Congress passes an important bill it ends up being over a thousand pages
long.
Cash-starved California orders unpaid leave for workers California

Governor Arnold Schwarzenegger declared a fiscal state of emergency
Wednesday, requiring most state employees to take three days of unpaid
leave per month until a new budget is enacted.
The Obama Administration Tries To Propagandize Its Way To An Economic
Recovery Yesterday we noted how, absurdly, The White House blog was
trumpeting a new cheap housing program as part of its recovery efforts.
! ! '

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, « 'Bank stress test' became the magic
phrase. Nothing calms fear like a stress test that's labeled as rigorous. The
stress test raises a few very obvious questions: 1) Will it work? 2) Why was
it needed in addition to a $1 trillion aid package? 3) Is the stress test just a
gimmick to appease investors? The stress test is conducted by the
London-based Committee of European Banking Supervisors (CEBS).
Ironically, the test has ignored the majority of banks' holdings of sovereign
debt. Sovereign debt concerns by the so-called PIGS countries (Portugal,
Italy, Greece, and Spain) triggered the latest wave of financial problems.
Ignoring sovereign debt in the Euro stress test would be like ignoring toxic
real estate assets in the U.S. 10% Good - 90% Bad According to a Morgan
Stanley survey, European banks hold about 90% of their Greek government
bonds in their banking books and 10% in their trading books. The bonds in
the banking book are generally held until maturity, the bonds in the trading
book are traded more frequently. According to a document obtained by
Bloomberg, the stress test assumes a loss of 23.1% on Greek debt, 14% on
Portuguese bonds, 12.3% on Spanish debt, 4.7% on German debt, 10% on
U.K. debt, and 5.9% on French debt. However, the stress test only looks at
the bonds held in banks' trading books, which account for a mere 10% of
Greek bond holdings. Can that be called a stress test? Nouriel Roubini
says that 'the assumptions made about economic growth, about sovereign
risk are not realistic enough.' The fact that only seven banks failed the test
with a combined shortfall of $4.5 billion confirms the lax nature of the test.
« The U.S. Bank Stress Test - A Nice Façade A closer look under the hood
of the U.S. bank stress test, however, shows that there's not much
substance behind the facade either. It was determined that the 19 tested
U.S. banks need to increase their balance sheets by $75 billion to meet the
conditions of what's termed the 'worst case scenario.' To a large extent, the
$75 billion of additional capital was financially engineered. Banks didn't
have to actually raise $75 billion. They were able to change the label of
some of their assets on their balance sheets. The government supported
this practice via mandatory convertible preferred shares (detailed analysis
in May 2009 issue of the ETF Profit Strategy Newsletter) «¶
SEC Says New FinReg Law Exempts It From Public Disclosure So much
for transparency.
Regulatory Magic President Obama has signed the financial industry
regulatory overhaul ² officially, the Dodd-Frank Wall Street Reform and
Consumer Protection Act. Predictably, what he said about it cannot
possibly be true.
Jim Rogers Calls CNBC A Market PR Agency Whose Sole Purpose Is To

Make Stocks Go Higher A ³cheeky´ Jim Rogers appeared earlier on CNBC
Europe (which incidentally is orders of magnitude better than its US
equivalent), and confirmed the depths to which the once relevant and
informative TV station has now fallen.
Flashback: Bush report: Sending jobs overseas helps U.S. The movement
of American factory jobs and white-collar work to other countries is part of
a positive transformation that will enrich the U.S. economy over time, even
if it causes short-term pain and dislocation, the Bush administration said
yesterday.
Smoking Guns of U.S. Treasury Monetization Kitco | A significant feature

of fiat money systems is the privilege for the custodian of the reserve
currency to engage in regular practices of ham-fisted monetary
management.
Banking Disaster Largely Ignored By Mainstream Media Greg Hunter | It is

amazing to me how little time the mainstream media is spending on this
unfolding financial disaster and how much time it is devoting to things like
Mel Gibson¶s domestic problems.
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State budget gaps total $84 billion: study
Another Recession Due Circa 2012: Jim Rogers A new recession would be
due around 2012 but central banks will not be able to throw cash at it
anymore, Jim Rogers, chairman of Rogers Holdings, told CNBC Tuesday.
Marc Faber: Relax, This Will Hurt A Lot Marc Faber closed out this week¶s
Agora Financial Symposium with a speech that pretty much recapitulated
the view that the end of the world is if not nigh, then surely tremendous
dislocations to the existing socio-political and economic landscape are
about to take place (with some very dire consequences for the US).
The Continuing Crisis in the New World Order LewRockwell.com | The

crisis continues in the new world financial order with no end in sight and
no real solution being put forth.
China Calls Our Bluff: ³The US is Insolvent and Faces Bankruptcy as a

Pure Debtor Nation but [U.S.] Rating Agencies Still Give it High Rankings´
America¶s biggest creditor ± China ± has called our bluff.
US bank failures in 2010 surpass 100 WASHINGTON (AP) -- U.S. bank

failures this year have surpassed a bleak milestone of 100 as regulators
shut down banks in Georgia, Florida, South Carolina, Kansas, Nevada and
Minnesota. The six bank seizures announced Friday bring to 102 the
failures so far in 2010. The pace of bank closures this year is well ahead of
that of last year, which saw a total 140 bank shuttered amid the recession
and mounting loan defaults «
&
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:
Y The index of leading economic indicators fell 0.2% in June, the

second drop in three months. A negative surprise.
Y Unemployment claims rose to 464,000, more than expected.
Y Uncle Ben said we are facing a period of ³unusual uncertainty.´ No

kidding.
Y Uncle Ben said we need continuing stimulus to a Congress unwilling

to stimulate anyone or anything other than lobbyists with cash to
contribute.
Y Home sales fell 5.1% in June«¶
(No recession helicopter ben)

2! <(' 6
' Darryl Montgomery What's wrong with this picture? In his bi-
annual testimony before Congress yesterday, Fed Chair Ben Bernanke
admitted that after more than a year and a half of zero interest rates and $3
trillion in federal deficit spending since 2008, the 7 ' scenario for the
U.S. economy is slow growth and high unemployment. The S&P 500 is up
2.5% so far this morning on this 'good' news. Bernanke's congressional
testimony included the following statements (emphasis added by me):
"Most [FOMC] participants viewed uncertainty

about the outlook for growth and unemployment
as greater than normal, and the majority saw [at
the June Fed meeting] the #
#!!
!."
"Financial conditions--though much improved

since the depth of the financial crisis--have
become *5'
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recent months."
"Many banks continue to have a #* 5

7!
on their books, and bank lending
standards remain tight. With credit demand weak
and with banks writing down problem credits,
7

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# *'

!
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'."
"After two years of job losses, private payrolls

expanded at an average of about 100,000 per
month during the first half of this year, '

55'
! '

. In all likelihood, a significant amount of
time will be required to restore the nearly 8-1/2
million jobs that were lost over 2008 and 2009."«
Serious Analysis has given rise to a realistically mocking view of the

current fraud on wall street:
, B,%,
'
% Jonathan Cheng If the market¶s
mood swings these days are reminding you of high school, you¶re not
alone ...
NATIONAL / WORLD
For Obama, some chances ahead (Washington Post) [ Come on! Wake up!
frustrating summer.

'C.1333 *- ' ' '
'



Is Obama a Marxist? He Works for the Bankers Glenn Beck, the Fox News
talking heads, and no shortage of Tea Party activists like to characterize
Barry Obama as a Marxist.
Poll: Waning support for Obama on wars usa today | Support for Obama¶s
wars fell to 36%, down from 48% in a February poll.
President Obama¶s Real Name ³Barry Soetoro´ Tops Google Trends Yet
another search term announced during the Alex Jones Show, ³Barry
Soetoro´ has topped Google Trends¶ hot searches, and that means a boost
to exposing important keys to President Obama¶s true history. The #1
search trend corresponds with a visit to Austin, Texas today from
President Barack Obama, a.k.a. Barry Soetoro.
Barry Soetoro AKA Barack Obama¶s Political Dynasty Crashes And Burns
While Barry Soetoro¶s family lavish themselves at a luxury Spanish resort
amidst deepening economic turmoil, back home Obama¶s political dynasty
crashes and burns as his approval ratings plunge to a record low of 41 per
cent with less than a few months to go before the October midterm
elections.
The Fraud Of (a.k.a. Barack Hussein Obama) (Feb. 24 ...

Y55Y6778
¶Dear Senators and Congressmen:
Thank you for taking the time to review the documentation relevant to the
Constitutional legitimacy of the presidency Barack Obama. There have
been various problems with the vetting of Mr. Obama throughout the
campaign and the present. I¶d like to take the opportunity to highlight the
most pertinent and alarming issues that have been clearly revealed. I¶m
sure you will agree that this information must be further investigated
promptly before any damage is done to the United States and its citizens
beyond the Constitutional compromises that currently exist. Most
interesting, though, is the fact that Mr. Obama has not simply ordered the
original vault copy of his birth certificate to be sealed and chosen to retain
three (3) law
to defend the various cases spending a reported

$800,000 (of whose money?). If Mr. Obama has nothing to hide, then why
fight the more than 42 cases in federal courts alone (according to Justia)
and similar number in state courts of which the merits are well-founded
and substantiated through factual evidence, state and federal statutes, and
international laws? Main issue is that the state of HI, according to statue
338 allows
Y
YY
of Hawaiian residents Y
Y,
Y
Y Y
Y
YY Y
Y Y
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Y Y
.
There is plenty of evidence of Mr. Obama being born in Kenya and
obtaining his Hawaiian birth certificate based on a statement of his
grandparent only, who simply didn¶t want to deal with immigration and not
based on any records from any hospitals. Extensive searches in the State
of Hawaii showed no birthing records for his mother [Stanley] Ann
Dunham in any hospital in Hawaii. « I request all of this information to be
forwarded to the Senate Armed Services Committee, Senate Finance
Committee, Senate Judicial Committee, Mr. Steven Whitlock, director of the
whistle blower office of the IRS, ICE, State Department, and FBI for further
investigation.
Respectfully submitted,
Dr. Orly Taitz, Esq.¶
Y
Y
Did Google Block ³Barry Soetoro´ Search Term? Screenshots obtained by

a Prison Planet reader suggest that Google may have moved to de-list
³Barry Soetoro´ as a popular search term shortly after it rose to the top of
the Google Trends charts after yesterday¶s effort by radio talk show host
Alex Jones to focus attention on Barack Obama¶s real name.
Bombshell: Barack Obama conclusively outed as CIA creation Wayne

Madsen | Investigative journalist Wayne Madsen has discovered CIA files
that document the agency¶s connections to the lives of Barack Obama and
his mother, father, grandmother, and stepfather.
killing deal.
Google Plans To Kill Web In Internet Takeover Agenda The net-neutrality

ending deal with Verizon is just the beginning of Google¶s plans to kill the
open and free Internet as part of their takeover agenda to completely
control the world wide web and force independent media websites, radio
and TV shows out of existence for good.
Obama¶s pledge to close down Guantanamo is µnot even close¶ Barack

Obama¶s pledge to shut down Guantanamo Bay will not be honoured until
at least a year after the President¶s self-imposed deadline ± and may not be
completed in his first administration.
Constitution ³Silly Stuff,´ Says Illinois Congressman Democratic

Congressman Phil Hare, who caused outrage earlier this year when he told
constituents who asked him about the legality of the health care bill, ³I
don¶t worry about the constitution,´ has sparked fresh consternation after
he was caught on camera in an Illinois hotel labeling the founding
document of America ³silly stuff´.

| Steve

|
Ehrlich and Holdren: Death ³Reasonable Price to Pay´ for Well-being of

Society D
Y.
| The head-hunters of the scientific dictatorship
are not simply powerless psychopaths exchanging abstract ideas.
US-Vietnam Military Drills Crank Up Tensions With China The U.S. Navy
just began military exercises with Vietnam in the South China Sea and
China, which had in the past been more accepting of the U.S.¶ naval power
in the region, is now showing its anger, according to The Asia Times.
Poll: µNo¶ to US wars at all time high A new opinion poll says the number of
Americans opposed to the US wars in Afghanistan and Iraq is at an all time
high.
Ground Zero Mosque Imam Is Globalist Stooge %Y0

| CFR member
receives financial backing from who¶s who of global corporate elite.
Alex Jones and MSNBC¶s Hit Piece: The Lost Footage

! | The
³rest of the story´ found its way on YouTube and Alex Jones¶ Facebook
page.
Y
Two Films That Blew Bilderberg Wide Open ( YDY0

| Fidel
Castro¶s spotlight on the Bilderberg clique is part of a global awakening to
the new world order.
Zionist Lobby Paid Off U.S. Journalists To Sell Israeli Foreign Policy ( Y
DY0
| Declassified documents take on deeper significance in
light of Jeffrey Goldberg and The Atlantic Monthly¶s efforts to
propagandize for an attack on Iran.
The Ground Zero Mosque and Property Rights Ë Y | The issue is not
terrorism or 9/11, but the sanctity of the individual and his property.
Orwell in charge? Kucinich compares Iraq µexit¶ to Bush¶s µMission

Accomplished¶ ³Who is in charge of our operations in Iraq , now? George
Orwell? A war based on lies continues to be a war based on lies. Today, we
have a war that is not a war, with combat troops who are not combat
troops. In 2003, President Bush said µ Mission Accomplished µ . In 2010, the
White House says combat operations are over in Iraq , but will leave 50,000
troops, many of whom will inevitably be involved in combat-related
activities.
High-tech carts will tell on Cleveland residents who don¶t recycle « and
they face $100 fine The chips will allow city workers to monitor how often
residents roll carts to the curb for collection. If a chip show a recyclable
cart hasn¶t been brought to the curb in weeks, a trash supervisor will sort
through the trash for recyclables.
Zionist Lobby Paid Off U.S. Journalists To Sell Israeli Foreign Policy Newly
declassified documents highlighting how the Israeli lobby routinely paid off
journalists in the U.S. corporate media to write pro-Zionist propaganda in
support of Israeli aggression against Palestine and Iran during the 60¶s
have taken on new significance after the Atlantic Monthly, which is named
in the documents as being complicit in the bribing scandal, recently
published a cover story hyping the necessity and inevitability of an Israeli
attack on Iran.
CIA Launches ³Counterproliferation Center´ as Iran Attack Rhetoric Kicks

Into High Gear Kurt Nimmo | CIA will peddle propaganda required to sell
the increasingly irrelevant American people future wars.
Ron Paul: The American Empire Can¶t Afford Another War Infowars.com |
Alex welcomes back Congressman Ron Paul to the show to discuss the
latest on Iran, legislation in the house, and more.
Air Force Issues Memo Warning Soldiers, Employees Not to Read

WikiLeaks Docs Kurt Nimmo | Memo confirms that the Pentagon is
monitoring web activity of its soldiers and employees.
9/11 Heroes Blast Obama: Forget The Mosque, We¶re Dying Hero 9/11 first
responders, many of whom are sick and dying, have slammed Obama in an
open letter for ignoring their plight while taking the time to outline views on
a proposed mosque close to ground zero, the site of the 2001 attacks that
felled the twin towers.
Chaos Erupts in California as Over-Taxed Residents Express Outrage The

city of Bell, CA has recently been exposed for having corrupt and overpaid
city officials receiving salaries larger than the President of the United
States. Residents who have recently learned they were over-taxed to pay
for the government workers took control of a City Council meeting and
demanded resignations.
China Reacts Angrily To Pentagon Report Beijing reacted angrily

Wednesday to a Pentagon report expressing worries about China¶s
burgeoning military capabilities, calling such concerns baseless.
In Supporting The Ground Zero Mosque, Barack Obama Falls On His Sword
[ I really wasn¶t inclined to comment on this because it¶s just not that big a
deal except as to exceedingly small minds. However, I feel I must say that if
the jewish Mayor of NYC who is certainly no slouch and really knows how
to count thinks it¶s ok, then it¶s OK. Period! ] With President barack
obama¶s political dynasty already on life support, his decision to publicly
back the hugely unpopular building of a Muslim mosque near Ground Zero
confirms that Obama, or rather the advisors that pull his strings, have
decided to commit political suicide and cut him loose from the Washington
power structure, with the hope of fooling Americans with another
establishment Republican as a legitimate alternative in 2012.
Former Pakistani Intel Chief Fears World War Three Is Imminent Former
Pakistani General and intelligence chief Hamid Gul appeared on the Alex
Jones Show yesterday for a full hour in what turned out to be a fascinating
extended interview, addressing the major geopolitical issues that are
shaping modern history.
Neocon Bolton Renews Call for Israel to Bomb Iran Last Friday the former
interim UN ambassador during the Bush administration went on Fox News
and warned that if Israel did not conduct a bombing raid against Iran¶s
nuclear energy program within a few days, the window of opportunity
would be lost. Bolton made his comment following a report last week that
Russia will begin loading nuclear fuel at Iran¶s Bushehr reactor on July 21.
Google search: µbolton, neocon, mental problems¶ About 143,000 results
(0.37 seconds)
Here¶s the first of many pages. Yeah « he¶s that bad / psychotic!
Think Progress » John
jokes about nuking Chicago, entire ...
Feb 26, 2009 ...

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May 26, 2009 ... It's a special kind of

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Ban Ki-moon¶s Top Advisor: Scientific Elite Should Spearhead Global

Population Control ³The fertility reduction and stabilization of population
is crucial. He (Sachs) concluded by urging for the adoption of a globally
agreed action plan at next year¶s Summit to achieve the MDGs by 2015, and
proposed to form Working Groups with members of the delegations around
particular themes. He characterized this effort as not negotiation, but as
global problem solving and suggested that the Working Groups would
brainstorm on the globally agreed plan.´
Obama, the one-term president [ The fact is, as I¶ve previously commented,
he¶s ok with and has already accepted his one-term µbeing there¶ failed
presidency which explains his huge divergence from his promised change,
among other promises and the false expectations he created thereby. He
lacks courage, of course; but that¶s become so typically american and he¶s
very typical. ] Q: Will Barack Obama be a one-term president? A: Yes, he
might last that long.
Dreaded Hindenburg Omen Will Play Out Within 4 Weeks UBS Financial
Services Director Art Cashin says that we¶ll know within 3 or 4 weeks
whether the dreaded Hindenburg Omen, a set of market factors that
precede a stock market collapse, will unfold as many are now predicting.
Desperately Seeking Accommodation: Iran Offers U.S. Chance to Build

Nuclear Power Plants Kurt Nimmo | It is extremely unlikely the U.S. take
Iran up on the offer.

Former Pakistani Intel Chief Fears World War Three Is Imminent Steve
Watson | General Hamid Gul points to ³dark impulse´ controlling US
system.
Obama: All In The Company Wayne Madsen | CIA connected to institutions

and individuals figuring prominently in the lives of Barack Obama, his
mother, father, grandmother, and stepfather.
Exposing World Government: United We Fall Documentary Now Featured

on Prison Planet.tv Kurt Nimmo | United We Fall breaks down the North
American Union and how ³free trade´ agreements between the United
States, Canada, and Mexico are impoverishing people and stripping away
national sovereignty.
The Ecstasy of Empire Paul Craig Roberts | Without a revolution,
americans are history.
Rand Paul Slams Obama: Stop Forcing Big Government Down Our Throats
Steve Watson | Kentucky Senate candidate Rand Paul made an
impassioned speech this weekend slamming the actions of the Obama
administration for continuing a big government agenda at the expense of
the American people.
Hal Turner Betrayed and Burned by Government He Served Kurt Nimmo |

The case of Hal Turner should serve as a warning to those considering
cooperating with the government.
Internet Kill Switch Bill Moves Closer To Senate Vote An Internet kill switch
bill that would give President Obama the power to shut down parts of the
world wide web for a period of at least four months without congressional
oversight has moved closer to a Senate vote, with one of its primary
advocates, Democratic co-chairman of the House Cybersecurity Caucus
Jim Langevin, threatening a ³cyber-9/11Ǝ if the legislation is not quickly
passed.
Exposing World Government: United We Fall Documentary Now Featured

on Prison Planet.tv United We Fall, a documentary by Bryan Law and Dan
Dicks, breaks down the North American Union and how ³free trade´
agreements between the United States, Canada, and Mexico are
impoverishing people and stripping away national sovereignty.
Rand Paul Slams Obama: Stop Forcing Big Government Down Our Throats
Kentucky Senate candidate Rand Paul made an impassioned speech this
weekend slamming the actions of the Obama administration for continuing
a big government agenda at the expense of the interests of the American
people.
AT&T claims net neutrality is oppressive US TELECOM AT&T has come out
in support of Google¶s contention that wireless communications are
different than wireline Internet services.
Government Using Google Earth To Loot Destitute Americans Aerial

imaging technology is being used by the government to spy on Americans
in an effort to collect revenue and enforce ordinances on swimming pools
without safety certificates, junk cars being stored without permission,
unlicensed porches, and a myriad of other petty transgressions that the
state is feeding off in complete violation of the Fourth Amendment to suck
citizens dry of whatever income they have left after being looted of trillions
of dollars in wealth that the state has transferred to foreign banks.
On Facebook: Israeli soldier posed with bound Arab (AP)
Capital Controls: The Final Phase in the Great Looting of America Eric
Blair | Capital controls are the next big event in the government-banking-
Military Industrial Complex: Of 158 retired generals advising wars, 80% tied
to defense industry; 29 are defense CEOs USA Today | Of the 158 retired
generals and admirals identified as mentors, 80% had financial ties to
defense contractor; 29 were company executives.
Cybersecurity Lie Exposed: Power Plants Are Not Connected To The

Internet Senator Joe Lieberman¶s draconian Internet takeover legislation,
the 197-page Protecting Cyberspace as a National Asset Act, is being
promoted as a vital tool to protect vulnerable infrastructure hubs from
terrorist attacks, but as a recent Wall Street Journal report makes clear,
large industrial power and water plants are not even connected to the
public Internet.
Vegetable zionist Zelig joe lieberman¶s Model For America: Purging The
Internet of Dissent When political Zelig joe lieberman attempted to justify
draconian legislation that would provide President Obama with a figurative
kill switch to shut down parts of the Internet, he cited the Chinese system
of Internet policing as model which america should move towards
Obama Approval Rating Revisits Rock Bottom Despite Positive Media Spin
Despite positive corporate media spin amidst a cacophony of criticism
from both sides of the political spectrum, Barack Obama¶s approval rating
matched its record low today according to Rasmussen Reports.

Activists Take On Fluoridated Water in Wichita Concerned citizens in

Wichita, Kansas, have informed that city¶s public officials about a poster
campaign designed to inform the public about the health hazards of water
fluorination.
Illegal Immigrants Account for 8% of U.S. Newborns, Study Shows As many

as 340,000 of the 4.3 million babies born in the U.S. in 2008 had at least one
parent who was an illegal immigrant, according to a Pew Hispanic Center
study of Census Bureau data.
Infowars.com Poll: Attack On Iran Imminent Kurt Nimmo | Nearly 60% of

respondents to an Infowars.com poll believe the U.S and Israel will attack
Iran in the near future.
Activists Take On Fluoridated Water in Wichita Infowars.com | Concerned

citizens in Wichita, Kansas, have informed that city¶s public officials about
a poster campaign designed to inform the public about the health hazards
of water fluorination.
no return.


China focuses on military might (Washington Post) [And the big difference
here (between them and defacto bankrupt america) is that µTHEY CAN
AFFORD IT¶ and are not fighting nation-bankrupting, anti-american-
sentiment-creating wars all over the place.] Nation is quickly modernizing
forces, extending influence deep into Pacific and Indian oceans.
Karzai wants private security firms out of Afghanistan: KARZAI WANTS

COMPANIES OUT U.S. calls 4-month deadline 'very challenging'
(Washington Post) One too many civilian killed. Maybe they figured out that
american non-strategy employing the Hegelian methodology of creating
problems that American firms can solve. Doomed to failure, they eventually
catch on. The bushes were famed for same but wobama has foolishly been
no slouch in this regard.
Afghans still see U.S. as bad guy (Washington Post ) [Riiiiight! Sounds like
a plan « winning hearts and minds throughout the world « great for
exports also as such µwon hearts and minds¶ just love to buy american.]
American, NATO forces retain blame for civilian deaths despite spike from
insurgent violence.
U.S. looks to replicate Iraq strategy, tactics (Washington Post ) [Oh right!
Stick with that winning plan that worked so swimmingly (as in drowning, in
ie., debt, death, regional if not wordly anti-american sentiment, etc.)]. In
Kandahar, U.S. military officials hope that a secure green zone, similar to
the area in Baghdad, will make it more difficult for Taliban insurgents to
mount attacks to key buildings in the Afghan city.
Google and Verizon DID do a deal for new internet µfirst class¶
superhighway Technology giants Google and Verizon have today paved the
way for a future µtwo-tier¶ internet in which companies can pay extra to
make sure their services get through. Google-Verizon Pact: It Gets
Worse [ Timothy Berners-Lee, putative father of the internet along with
Cerf, has already weighed in on this topic and strenuously opposed same
and whose learned opinion should be given great weight. google and
verizon as mere government shills at best and government, ie., nsa / cia,
etc., operatives at worst, are µjohnny-come-latelies¶ and died fast in
government hands! ]. So Google and Verizon went public today with their
³policy framework´ ² better known as the pact to end the Internet as we
know it.
Iran Retaliates Against Sanctions: To Drop All Trade In ³Filthy´ Euro, Dollar
Yet another step in the escalation between Iran and the US came earlier
today.
The Cycle of Violence in Afghanistan Last week the National Bureau of

Economic Research published a report on the effect of civilian casualties in
Afghanistan and Iraq that confirmed what critics of our foreign policy have
been saying for years: the killing of civilians, although unintentional,
angers other civilians and prompts them to seek revenge. This should be
self-evident.
Y

the 1930s.
Street Action: Poison In Tap Water Fliers Went out on a beautiful Saturday
after noon in Edmonton Alberta posting more fliers, posters etc. had a
great time had a few people harass me but nothing big. Just gave me
motivation to do more!! Resistance is Victory. Never Forget that.!!
Wheat Crisis Threatens Inflationary Timebomb, Food Riots Russia¶s ban on
wheat exports following widespread fires in the country sent food prices
skyrocketing by 19 per cent in just a single week as fears grow that global
volatility in foodstuffs and commodities could lead to a worldwide
inflationary timebomb accompanied by widespread food riots.
The Obama presidency increasingly resembles a modern-day Ancien

Régime: extravagant and out of touch with the American people What the
great French historian Alexis de Tocqueville would make of today¶s Obama
administration were he alive today is anyone¶s guess.
The Coming Collapse of The U.S. Political Establishment The last U.S.
puppet regime to fall will be. . . the puppet regime in the White House.
Afghan war µkills 1,325 civilians this year¶ More than 1,300 civilians have
been killed in Afghanistan so far this year, mostly by Taliban insurgents, a
leading Afghan rights group said Sunday.Y
Recession in U.S. Even Worse Than Estimated, Revisions Show The worst
U.S. recession since the 1930s was even deeper than previously estimated,
reflecting bigger slumps in consumer spending and housing, according to
revised figures.
Iran Unveils New Submarines and Makes More Persian Gulf Warnings Iran
announced the addition of four new submarines to its fleet Sunday, saying
the Iranian-manufactured vessels to be deployed in the Persian Gulf have
sonar-evading technology and can launch torpedoes and missiles
simultaneously.
Fidel Castro: Obama can avert impending nuclear holocaust Miami Herald |
If Obama approves an attack on Iran, war will spread through the Middle
East and Asia and cause hundreds of millions of deaths, Castro warned.
Who poses the real threat to the Internet? A new opinion piece on
CNN.com argues that it¶s the government, not the companies providing
internet access, that is the real danger to free speech and the internet. [I
personally have found more often and prospectively problematic is that
said government / company distinction is one without a difference when
the government flexes muscle, particularly with leverage as ie., to non-
performing monopolist microsoft, nsa/cia partner google (to a lesser extent
at this juncture), cnn/timewarner cable (incompetence also a factor), fedex,
etc.].
Wow! Talk about stretchin¶ it! Alleged by black shooter: prejudice

displayed by company as they fired thornton for stealing / selling the
company¶s beer he was supposed to be delivering « The ultimate race
card « Riiiiight! You can¶t make this stuff up! Fatal Shootings Reponse:
'No One Died After Police Arrived On Scene' Hartford Courant - As police
on Friday concluded their on-scene investigation into Tuesday's mass
killing at Hartford Distributors, they also began evaluating their response to
the tragedy. Police arrest woman they say accepted beer from Connecticut
shooter CNN Omar Thornton 911 Call: "I Wish I Could Have Got More of
the People" CBS News
Voters Reject Notion That ³Government Can Do Anything It Likes´ A

Rasmussen poll indicates that an overwhelming eighty-six percent (86%) of
voters nationwide say there should be ³limits on what the federal
government can do´, in response to recent comments from pro-Obamacare
Congressman Pete Stark.
Swine Flu Investigator Jane Bürgermeister Faces Prison Now that there is
verifiable, unambiguous evidence that the Austrian government and state
prosecutors have faked criminal charges to provide a pretext to arrest and
detain me, I am going to apply to the European Court of Human Rights.
U.S. Employers Shed Jobs The U.S. economy shed more jobs than
Gold Surges To Three Week High As Dollar Tanks Gold prices have surged
to to three week highs as the stock market and the U.S. economy continue
to flounder, leaving investors seeking a safe haven in hard assets.
Globalists Race To Enforce Criminal Carbon Tax Despite the failure of last
year¶s Copenhagen climate summit, the United Nations is pushing ahead
for a global carbon tax that will bankroll the expansion of world
government as globalists attempt to make Americans pay for the
evisceration of their own sovereinty and future prosperity.
Poison Tap Water Exposed As Soft Kill Weapon Water fluoridation has
come to refer to the addition of over 40 chemicals into the water supply
that synergistically come together to wreak havoc on the body and its
processes.
Fluoride Truth on Australian TV ± Fluoride Retards the Brain TV NEWS

show exposes Fluoride for what it is ± poison!
Poison Tap Water Makes Number 1 Google Search Poison tap water has
become the number one trending search term on Google trends today after
our efforts to bring attention to how sodium fluoride in tap water is a
deadly health threat went viral.
Sodium Fluoride: Poison In The Tap Water Alex Jones is launching a new
campaign to inform the public about the toxic chemical fluoride being
added to tap water across the country. While EPA scientists and workers
are calling for an end to water fluoridation, the government is doing
everything in its power to continue and even increase the amount of toxic
chemicals being added to public water supplies.
Naked Body Scanners: Monumental Cover Up Exposed At the height of the

furor over airport body scanners earlier this year, the TSA publicly stated
that it was not possible to store, record, transmit or print out the images
that show in detail the naked bodies of men, women and children that have
passed through them. At the time we presented evidence to the contrary.
Now it has been conclusively proven that the TSA and other federal
agencies using the scanners flat out lied to an unwitting public.
Material girl Michelle Obama is a modern-day Marie Antoinette on a glitzy

Spanish vacation NY Daily News | But while most of the country is pinching
pennies and downsizing summer sojourns ± or forgoing them altogether ±
the Obamas don¶t seem to be heeding their own advice.
SEC Probes BP Potential Insider Trading: Sources Reuters | U.S. securities

regulators are investigating whether people may have illegally profited
from trading on nonpublic information at BP in the weeks following the
disastrous Gulf oil spill.
Rockefeller Foundation Developed Vaccines For ³Mass-Scale´ Fertility

Reduction In its 1968 yearly report, the Rockefeller Foundation
acknowledged funding the development of so-called ³anti-fertility
vaccines´
China Holds More Military Exercises Amid Tensions With U.S. Chinese
armed forces on Thursday continued a second set of back-to-back
exercises, underscoring expanding capabilities and ambitions that have
prompted unease among top U.S. military officers. That unease has been
exacerbated by Beijing¶s freezing of military-to-military ties.
Preparing for World War III, Targeting Iran Humanity is at a dangerous

crossroads. War preparations to attack Iran are in ³an advanced state of
readiness´. Hi tech weapons systems including nuclear warheads are fully
deployed.
(
#
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#LE [Great advice « if
only the endless war, military complex based pentagon could take it!] The
Pentagon demanded on Thursday that whistle-blower web site WikiLeaks
immediately hand over about 15,000 secret Afghan war records it had not
yet published and erase material it had alrea«
US faces deadliest month in Afghan war With 63 US service members

killed, July has become the deadliest month for American forces stationed
in war-torn Afghanistan.
Google and CIA Plough Millions Into Huge µRecorded Future¶ Monitoring
Project Google¶s cosy relationship with the U.S. spy network has once
again been thrust into the spotlight as the company is reported to have
jointly invested with the CIA in an Internet monitoring project that scours
Twitter accounts, blogs and websites for all sorts of information, and can
also ³predict the future´.
Google and CIA Fund Political Precrime Technology More evidence has
emerged revealing Google¶s spook connections. Noah Shachtman, writing
for Wired, details how the CIA¶s technology investment operation, In-Q-Tel,
and Google are supporting a company that monitors the web in real time.
President Obama calls African-Americans a µmongrel people¶ President

Obama waded into the national race debate in an unlikely setting and with
an unusual choice of words: telling daytime talk show hosts that African-
Americans are ³sort of a mongrel people.´
White House proposal would ease FBI access to records of Internet activity
The Obama administration is seeking to make it easier for the FBI to
compel companies to turn over records of an individual¶s Internet activity
without a court order if agents deem the information relevant to a terrorism
or intelligence investigation.
Project Steve Watson | Search Company¶s ties to spy agency in spotlight
again over real time Internet monitoring.
Google and CIA Fund Political Precrime Technology Kurt Nimmo | Google
is complicit in the concerted effort to build a huge surveillance and control
grid.
Source of leaked military docs unknown: WikiLeaks While the United

States is trying to hunt for the individual behind the massive leak of US
military data on Afghanistan war, the whistleblowers¶ website, that made
the 91,000 classified documents available to the world, has said that the
source of leak is unknown.
Document leak part of U.S. plot, says Pakistani ex-general with ties to
Taliban From the deluge of leaked military documents published Sunday, a
former Pakistani spy chief emerged as a chilling personification of his
nation¶s alleged duplicity in the Afghan war ² an erstwhile U.S. ally turned
Taliban tutor.
Leaked files indicate U.S. pays Afghan media to run friendly stories Buried
among the 92,000 classified documents released Sunday by WikiLeaks is
some intriguing evidence that the U.S. military in Afghanistan has adopted
a PR strategy that got it into trouble in Iraq: paying local media outlets to
run friendly stories.
World Net Daily (I found them to be a less than credible israeli / bush
aministration shill at best and haven¶t even looked at said site in many
years) writer says Fluoride is good for you. An open letter to Phil Elmore
Rob Dew / Kurt Nimmo | The only winners are the aluminum and fertilizer
industries that work hand in hand with public water works to send toxic
waste into the homes of millions across our country.
Congress extends war funding for Afghanistan Baltimore Co. Independent

Examiner | Congress voted to extend funding for the war in Afghanistan by
an additional $59 billion late on Tuesday.
Kucinich: 92,000 reasons to end the wars AFP | US lawmakers opposed to

the Afghan war, emboldened by a huge leak of military files on the conflict,
pushed Tuesday for pulling US forces from Pakistan.
Oliver Stone has apologized for his anti-Semitic rant, but is the damage
already done. What damage? To perceived reality as opposed to reality?
When you look at america¶s pro-israel, self-destructive, contra-indicated
policies, including the hands off policy vis-à-vis fraudulent wall street, you
see the truth to what he says which is what so many astute individuals are
already thinking / realizing. How can people continue to ignore the truth, to
their own detriment Think about it. Do you really think he would risk the
typical onslaught if the same weren¶t true? µDirector Oliver Stone has been
forced to make a grovelling apology over an anti-Semitic outburst. The
double Academy Award winner claimed that the Russians suffered more
during the Second World War and that there was a Jewish 'domination of
the media'. Stone also said that Jews had '****ed up' U.S. foreign policy for
years and suggested the British supported Hitler ...¶ The relentless attacks
on Mel Gibson are of the same caliber and purpose; suppression of truth!
Infowars.com Poll: Majority Believe Road Warrior Depression Coming Kurt

Nimmo | Like the Great Depression, the Greatest Depression now being
scientifically created has a specific agenda in mind.
On the Bloated Intelligence Bureaucracy
Disappearing Act: $8.7 Billion of Iraq Development Money Missing Kurt

Nimmo | Government says it is all the fault of shoddy accounting practices.
Ahmadinejad: US Expansion Of War In Middle East Imminent Steve

Watson | Tensions rise with saber rattling rhetoric.
David Cameron: Israeli blockade has turned Gaza Strip into a µprison camp¶
David Cameron used a visit to Turkey to make his strongest intervention
yet in the intractable Middle East conflict today when he likened the
experience of Palestinians in the blockadedGaza Strip to that of a ³prison
camp´.
Rockefeller Study Envisages Future Dictatorship Controlled By Elite «

(Vegetables « Yes, Asparagus, not Broccoli) « Here¶s the pathetic news,
however; it¶s called reality: [Neanderthals, Humans Interbred, DNA Proves
Signs of Neanderthals Mating With Humans - Neanderthals mated with
some modern humans after all and left their imprint in the human genome.
Genome hints humans, Neanderthals rolled in prehistoric hay %
9
! ":
M 72( Neanderthals and people
interbred, fossil analysis finds For more info on man¶s humble beginnings,
see here http://www.albertpeia.com/anthroindex1.htm Previously I
wrote: FOUND: MISSING LINK BETWEEN APES AND MAN.... These
stories, and the many like it, are old news and I subscribe to the more
studied view that there is no ³missing link´ per se and in my view they are
distinctions without significant differences. I previously wrote: [see infra]
and [Interestingly, my intuitive (but unstudied) thoughts prior to closer
examination of the compelling subject of Biological Anthropology remain
what I believe to be the correct scenario. Specifically, very simply stated,
for the most part, the more ³enlightened´ (but not by much; by mutation,
accident, luck, intervention, etc.) left the unvarying confines of their Sub-
Saharan origins, experienced diverse new environs, challenges, etc.,
experienced what has been described (by neuroscientists, psychologists,
etc.) as neurogenesis in varying degrees and forms thereby over time,
which trait was selected for and is consistent with the purported multi-
regional evolutionary model which does not overtly contradict ultimately,
initial African origins. Races, sub-species, missing links, etc., are
subsumed in this very humbling and sorrowful tale of the ³dawn of man´.]
[see infra] «] Global pandemics that kill millions, mandatory quarantines,
checkpoints, biometric ID cards, and a world of top-down government
control. These things are not lifted from the latest sci-fi blockbuster movie,
they¶re part of the Rockefeller Foundation¶s vision for what the globe might
be like in 15-20 years¶ time under a new world order tightly controlled by
the elite. [That¶s getting awfully close to the outside µdecades, not millennia
or even centuries¶].
Iran accuses US and UK of supporting group behind mosque attacks Iran is

vowing to hunt down a Sunni separatist group which claimed responsibility
for a double suicide bombing that killed 28 people at a mosque in the
south-eastern city of Zahedan.
US, NATO behind Iran bombings: MP An Iranian lawmaker slams the recent
bombings in the country¶s southeast as a plot by Western military forces in
the Middle East to spread terror on Iran¶s borders.
WASHPOST Ombudsman: Why Silence on Black Panther Story?

(Washington Post) µThursday's Post reported about a growing controversy
over the Justice Department's decision to scale down a voter-intimidation
case against members of the New Black Panther Party. The story
succinctly summarized the issues but left many readers with a question:
What took you so long? For months, readers have contacted the
ombudsman wondering why The Post hasn't been covering the case. The
calls increased recently after competitors such as the New York Times and
the Associated Press wrote stories. Fox News and right-wing bloggers
have been pumping the story. Liberal bloggers have countered, accusing
them of trying to manufacture a scandal. But The Post has been virtually
silent. The story has its origins on Election Day in 2008, when two
members of the New Black Panther Party stood in front of a Philadelphia
polling place. YouTube video of the men, now viewed nearly 1.5 million
times, shows both wearing paramilitary clothing. One carried a
nightstick«¶
Latino KKK: You are too white to be American! ALIPAC | Tan Klan woman
can scream racist comments because the Obama administration and most
of the major news networks in America have her back.
µWest, israel linked to SE Iran blasts¶ A ranking official with the Islamic
Revolution Guards Corps (IRGC) has implicated ³the , israel and some
european countries´ in the deadly blasts in the southeastern Iranian city of
Zahedan.
De-classified Vietnam-era Transcripts Show Senators Knew Gulf Of Tonkin

Was A Staged False Flag Event Over 1,100 pages of previously classified
Vietnam-era transcripts released this week by the Senate Foreign Relations
Committee highlight the fact that several Senators knew that the White
House and the Pentagon had deceived the American people over the 1964
Gulf of Tonkin incident.
Afghans march in Kabul to denounce NATO strikes that killed civilians:

Demonstrators shout anti-American slogans, denounce NATO strikes
(Washington Post ) Sounds like a plan! Almost surreal was the appearance
of gates on failed network µnews¶ show to shill the non-strategy of draw
down (of troops) linked to success. What success? Just being there and
every day they¶re there is unequivocally abject failure. Celebritology
Weekend: Angelina Jolie biography arrives; Heidi Montag files for divorce
(Washington Post ) I usually don¶t weigh in on entertainment news, but this
headline concerning what appears to be a disparaging, and quite
selectively so, purported biography of Angelina Jolie is very disheartening
when you consider the numerous instances of failed leadership at nearly
all very high levels of government having so detrimental an impact on the
world, that morton deems his time appropriate to an actress who has
actually tried to do good things (U.N., etc.) without having to. Indeed, even
her latest film µSalt¶ (spectacular by any standard as is her performance ±
there are at least 2 winning sequels there with 4 the max and stretching it
owing to age ± she puts all, and I mean all the µBonds¶ to shame) had an
important message in terms of the damage to this nation by a seemingly
endless, nation-bankrupting, anti-american (war criminal israelis already,
and quite correctly, globally hated) sentiment producing war strategy that
is neither strategy nor reasonably consistent with any positive american
goal / objective; but rather is such a debacle and folly that the same could
very well be one that only an enemy of defacto bankrupt america could
hatch and for the reasoning set forth in the well-written / directed film. She
astutely observed and talked about the synchronicity of the film as
juxtaposed to recent events revealing that she is wiser than most in
Washington.
Wall Street Is Laundering Drug Money And Getting Away With It Zach
Carter | Wachovia was moving money behind literally tons of cocaine from
violent drug cartels. It wasn¶t an accident.
Drudgereport: NEW LOW FOR O: USATODAYGALLUP HAS OBAMA

APPROVE AT 41%...
America Is 'Bankrupt Mickey Mouse Economy'...
California can't pay bills -- may use IOUs for August payments...Y
DEFICIT ADDS $165,040,000,000.00 -- IN ONE MONTH!Y
Homes lost to foreclosure up 6% from last year... Y
Military sees heavier fighting in fall...Y
UPDATE: Suspected serial killer arrested in Atlanta...Y
Attempting to flee to israel « to be with kindred spirits ...Y
DOW drops 265...
&$9:E2 &,)&&+
US-backed fighters in Iraq defect to al-Qaida... [Winning hearts and minds « for
Al Qaida « just one too many civilian deaths for no good reason at all ]Y
82,E&$2E9&h(9 h9:98)2EF&)&82,
WELCOME TO THE RECOVERY...
JULY UNEMPLOYMENT -131,000 JOBS...
Revised: May/June -97,000 jobs than first reported...
Odd mix of bad news...
82,E&$2E9&h(9 h9:98)2EF&)&82,
Michelle Obama 'modern-day Marie Antoinette'...
NYT: 'Leaves the taxpayers with a hefty bill'...
While Obama preaches sacrifice, his family frolics in Spain...
Gazpacho, turbot, veal and ratatouille with the king...
Lavish Obama vacation in time of economic turmoil raises eyebrows...
BAKER: 'Leaves taxpayers with hefty bill'...
Hollywood star-studded gala at first lady's luxury hotel...
MICHELLE O'S $375,000 VACATION?!
Strolls Marbella after State Dept. 'racist' Spaniards gaffe...
White House calling: Please will you make a coat for Michelle...
Boy Scouts boo Obama...
GALLUP: Blacks and Whites Continue to Differ Sharply on Obama...
JUDGE KNOCKS DOWN MARRIAGE PROP IN CA
BLOW TO O: MO SAYS NO
Voters overwhelmingly rejected federal mandate to purchase health
insurance...
Americans swap passports; Desire to avoid tax leads some to renounce
citizenship...
Ahmadinejad survives blast near motorcade...
'Stupid Zionists have hired mercenaries to assassinate me'...
FALTERING RECOVERY TRIPS DOLLAR...
GM, FORD and CHRYSLER Sales All Lag Estimates...
Stimulus Slammed: Republican Senators Release Report Alleging Waste...
The 100 worst stimulus projects...
SHOCK VIDEO: DEM CONGRESSMAN BRAGS: 'FEDERAL GOVERNMENT
CAN DO MOST ANYTHING IN THIS COUNTRY'...
Deadliest Month Of Afghan War
Paper: Will Washington's Failures Lead To Second American Revolution
Maxine Waters faces trial over bank bailout funds...
HOT WATERS
Dems Say Sorry, Charlie...
Democrats Say Rangel Should Resign...
Obama: Time For Rangel To End Career 'With Dignity'...
60,000 babies born to 'noncitizens' get U.S. birthright - in Texas alone...
Dutch become 1st NATO member to quit Afghanistan...
Economic indicators reflect weak recovery (Washington Post) Even

assuming their anemic, negative numbers are real (I don¶t believe anything
they say and believe situation to be more dire than reported), the economic
reality indicated prospectively thereby is as previously set forth: This is a
disgorgement imposedY
As economy slowly recovers, area companies announce IPOs (Washington

Post) With very few exceptions, economic realities make the same
(ordinarily a real net economic positive) a negative owing to dilution and
the absence of real, profitable, private sector investment opportunities.
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Fed¶s Hoenig: Keeping Rates Too Low µDangerous Gamble¶ The Federal
Reserve is undertaking a ³dangerous gamble´ by keeping rates at near
zero for so long, and must start raising rates or risk damaging the nascent
U.S. recovery, a top Federal Reserve official said on Friday.

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being what they are (very poor), we should expect a downward revision of
second quarter GDP to 1.5% from the originally disappointing number of
2.4%. As more data is being released it is apparent that we are witnessing
even further deterioration here in the third quarter. Will we have a double
dip or since it officially has never been declared that we have come out of
the recession, is this just more of the same? Globally, governments have
spent trillions of dollars to revive their economies. We are seeing mixed
results from that largess, as some countries such as Germany and China
are doing better than others, such as Greece, Ireland and the US. Will more
government intervention help? I think not. We may have reached a tipping
point where many are tired of others being the benefactors of taxpayer
money «¶
:!(*!
# 5
#

Pension check may not be in the mail Chicago Tribune | Illinois public
employees who think the state constitution guarantees that they¶ll get all
their pension benefits
Back to School? Bring Your Own Toilet Paper New York Times | ³The first
time I saw it, my mouth hit the floor,´ Emily¶s mother, Kristin Cooper, said
of the list, which also included perennials like glue sticks, scissors and
crayons.

is a dangerous one.
Obama Says Private Accounts Would Endanger U.S. Social Security

Benefits President Barack Obama said Republican proposals to have
people invest Social Security benefits in private accounts would increase
the U.S. budget deficit and put retirement money at risk to ³the whims of
Wall Street traders.´
The Trade Deficit Nightmare When they hear the word deficit, most
Americans immediately think of the U.S. government budget deficit which
is rapidly spiralling out of control.
Economic indicators reflect weak recovery (Washington Post) [Recovery? I
say they¶re dreamin¶! So does Schiff, (Peter Schiff: ³We¶re in the Early
a bleaker diagnosis for the economy: an inflationary depression.) among
other economists, (Economists Herald New Great Depression The world is
currently experiencing the modern day equivalent of the Great Depression,
the 1930s.) , and my position and that of demographer Dent (This is a

instead of 2010.
latest.
2010 and 2012 ).
Warnings: Social Security at risk (Washington Post) [ Not this again! It

bears repeating, that was always a bad idea and there was a plethora of
reasons set forth on my site as to why the social security privatization plan
being shilled by moron war criminal dumbya bush on behalf of the wall
street frauds was an exceedingly bad idea. Indeed, as defacto insolvent as
america / the social security system is, the nation and system would have
been wiped out by privatization debacle. Talk about too big to, but still
failed. It was a bad idea then, and though accusations may fly as to fear
mongering, the reality of the venality attendant to such a preposterous
course on behalf of the wall street frauds requires vigilance, scrutiny, and
discourse concerning even the remote possibility of such a fool-hearty
betrayal of the citizenry of the nation. As such, as off the mark as wobama
has almost invariably been, he¶s on the mark on this. ]ANALYSIS | Obama
says GOP wants to privatize program, but liberals see a different threat.

Makeup of Obama's housing reform panel draws ire (Washington Post)

[Wow! Talk about late to the party! I mean « a conference? It¶s not as if
this was some new or novel problem coming down the pike. Then there¶s
the everything but the core issue / problem approach that seems
recurringly fashionable.] Advocates say that the administration is
excluding consumer and community groups from playing prominent roles
in a government-sponsored conference next week that will kick off efforts
to overhaul national housing policy.
Foreclosures surge 9 percent in July (Washington Post) Those glass-half-

full frauds on wall street along with the administration will be cheering this
unequivocally bad news with a dubious retort as µused home sales will rise¶
« riiiight! Anything you say «
Stocks dip for third straight day (Washington Post) [Investor fears? How
µbout reality. Even an essentially non-business site as Drudge has the
pulse of this pervasive realization that µthose dogs of happy days are here
again don¶t hunt no more¶. Check the heads: DRUDGEREPORT: America Is
'Bankrupt Mickey Mouse Economy'...
Grim Voter Mood Turns Grimmer... and Economists Herald New Great
doom on a scale not seen since the 1930s. Peter Schiff: ³We¶re in the Early
a bleaker diagnosis for the economy: an inflationary depression. My take:
fined, and disgorgement imposed
Pearlstein: The FCC and the bandwidth wars (Washington Post) [The
internet has been among the few areas of growth and american
prominence, at least at this point in time. Clearly, as with the throng that
heralded in NAFTA, the self-interested voices of ie., google, verizon, etc.,
are similarly anathema to the greater good (as was NAFTA). Berners-Lee
spoke against such parochialism in no uncertain terms, much as did Ross
Perot on NAFTA and history has proven Perot correct as is so of the mind
numbing approaches of google, verizon, etc.] Google-Verizon Pact: It Gets
Worse (infowars.com) [ Timothy Berners-Lee, putative father of the internet
along with Cerf, has already weighed in on this topic and strenuously
opposed same and whose learned opinion should be given great weight.
google and verizon as mere government shills at best and government, ie.,
nsa / cia, etc., operatives at worst, are µjohnny-come-latelies¶ and died fast
in government hands! ]. So Google and Verizon went public today with
their ³policy framework´ ² better known as the pact to end the Internet as
we know it.
AP Business Highlights µ7 ' !

'
WASHINGTON (AP) -- The economy is looking bleaker as new applications
for jobless benefits rose last week to the highest level in almost six
months. It's a sign that hiring remains weak and employers may be going
back to cutting their staffs. Analysts say the increase suggests companies
won't be adding enough workers in August to lower the 9.5 percent
unemployment rate. First-time claims for jobless benefits edged up by
2,000 to a seasonally adjusted 484,000, the Labor Department said
Thursday. That's the highest total since February. Analysts had expected
claims to fall«¶

4.-$) [Talk about contrarian indicators!]
AAII ± µBullish sentiment rose 9.4 percentage points to 39.8% in the latest
AAII Sentiment Survey. Despite the size of the increase, the proportion of
individual investors expecting stock prices to rise over the next six months
is only at a two-week high. The historical average is 39%. Neutral
sentiment, expectations that stock prices will stay essentially flat over the
next six months, fell 1.3 percentage points to 30.1%. The historical average
is 31%. Bearish sentiment, expectations that stock prices will fall, dropped
8.1 percentage points to 30.1%. This is a 14-week low. The historical
average is 30%. The survey period, Thursday through Wednesday, needs to
be taken into consideration when looking at these results. Stock prices
were essentially flat through most of this week's survey period (with the
obvious exception of yesterday), giving some investors hope that a short-
term bottom had been established. Though there were big changes in
bullish and bearish sentiment, both optimism and pessimism are close to
their historical averages. As a result, I would argue that individual
investors' confidence in the market remains fragile«¶
was paid nearly 900,000 annually (with benefits the package was an
as previousl set forth on this website. Drudgereport: 'Where do the bailouts
end?' [I feel compelled to comment here that even capital hill math would
be hard-pressed to justify $26 billion taxpayer / treasury dollars they don¶t
really have, to save 300,000 state / local government jobs! After all, the
nation is defacto bankrupt! ]

Obama signs $26 billion jobs bill (WP) [I feel compelled to comment here
think the former Soviet Union would have done the same.]
frauds and great detriment to the nation.]
ACCORDING TO TECHNICAL INDICATORS, MELTDOWN IS POSSIBLE

Simon Maierhofer 2&)h ,E28+E8&E An analysis of the SMA
crossover buy/sell signals triggered for the S&P over the past 10 days
shows that six of the eight signals (75%) were correct. ..)2::h9:,
288E2,Many dismiss the 200-day or other SMAs as lagging indicators.
Although an indicator may be lagging it doesn't mean it's incorrect or
should be dismissed« Even though a lagging indicator, the rain does
confirm that a storm is coming. 2(E&-28,h>2((E&28FYou'd expect
Wall Street and the financial media to be the financial weather man and
warn you of upcoming storms. Unfortunately, that is not so. Leading up to
the April 2010 recovery highs, Wall Street and the media proclaimed the
skies are clear, 'sunny throughout the year' was their weather forecast.
Only after investors got drenched, did Wall Street recommend pulling out
the umbrella. Sure enough, as soon as the umbrellas came out, stocks
switched into rally mode and the sky cleared up. Unlike Wall Street, the ETF
Profit Strategy Newsletter warned of the brewing storm while it was still
sunny. On April 16, the newsletter warned that 'historically, there has rarely
been a more pronounced sell signal ... When consumers spend, they do so
with credit cards. Visa and Master Card both got hit with a death cross. It's
just a matter of time until the discretionary sector follows. $2h,1,FEh
&E«High copper prices are reflective of high demand and a humming
economy. Lower copper prices signal trouble ahead. On June 22, an
ominous death cross visited copper's chart. (,,h9:,F& h9&E
2>&EInvesting is a game of probabilities. While you always want to have
the odds in your favor, you never want to bet against the odds. Right now,
the odds are piling up on the bearish side of the ledger. Even though Wall
Street is saying that the sky has cleared up, 'meteorologists' with a better
track record are warning of the storm ahead. In fact, there is one rare chart
formation that strongly suggests the onset of a 2008-like decline, a
development that's certainly supported by the number of death crosses
spanning a variety of markets. The August issue of the ETF Profit Strategy
Newsletter includes a detailed short, mid and long-term forecast, along
with the one chart that tells the market's story and true bearish potential.
Congressman Calls Vote on $26 Billion Jobs Bill a Sign µWe¶re Not
Bankrupting the Country Fast Enough¶ With a tone of sarcasm, a California
Republican congressman said that he ³knows´ why members of the U.S.
House of Representatives were summoned from their home districts back
to Washington, D.C., and the halls of Congress.
Crowd waiting for housing vouchers gets rowdy Atlanta Journal-

Constitution | A crowd of people hoping to get federal housing assistance
became unruly Wednesday morning with reports of fights breaking out in
the crowd.
Californians¶ income falls for first time since WWII Sacramento Bee | The
personal incomes of Golden State workers fell by that amount in 2009
compared with the previous year.


Peter Schiff: ³We¶re in the Early Stages of a Depression´ The Motley Fool |


Military sees heavier fighting in fall...
PAPER: 10 reasons why Obama presidency is in meltdown...
GALLUP: Even the Poor Are Abandoning Obama; Approval Under 50%...
Obama abolishes White House position dedicated to transparency...
Michelle Obama popularity falls...
UPDATE: Suspected serial killer arrested in Atlanta...
Attempting to flee to israel « to be with kindred spirits ...
DOW drops 265...
&$9:E2 &,)&&+
US-backed fighters in Iraq defect to al-Qaida... [Winning hearts and minds
« for Al Qaida « just one too many civilian deaths for no good reason at
all ]


the 1930s.YY
Ambac says it's working on bankruptcy filing MBIA Inc. reports a

quarterly profit, while rival bond insurer Ambac Financial Group posts a
loss....
Y
Y
Food Inflation Coming To A Household Near You, As Wal-Mart Hikes Prices

At Fastest Pace Since Early January Nothing to see here, except yet
another sign of the food inflation that¶s the story of the moment.
Albert Edwards Explains How The Leading Indicator Is Already Back Into
Recession Territory And Why The Japan ³Ice Age´ Is Coming Albert
Edwards reverts to his favorite economic concept, the ³Ice Age´ in his
latest commentary piece, presenting another piece in the puzzle of
similarities between the Japanese experience and that which the US is
currently going through.
The Horrific Derivatives Bubble That Could One Day Destroy The Entire
World Financial System Today there is a horrific derivatives bubble that
threatens to destroy not only the U.S. economy but the entire world
financial system as well, but unfortunately the vast majority of people do
not understand it.
Fed set to downgrade outlook for US

Y' | The Federal Reserve
is set to downgrade its assessment of US economic prospects.
Goldman Made Between $11 And $16 Billion In 2009 Trading CDS And
Other Derivatives As part of its most recent FCIC grilling, David Viniar left
the political theater a month ago with a homework assignment to disclose
all of the firm¶s derivative profits, as well as provide granular detail on its
derivative trades.
Japan Redux: A Video Case Study Of The Upcoming U.S. Lost Decade
Whether one believes in inflation or deflation, one thing is certain: in many
ways the current US experience finds numerous parallels to what has been
happening in Japan for not one but two decades.
Wall Street bill sweeps away stray remnant of 1933 Glass-Steagall Act In
seven simple lines buried in this year¶s financial overhaul bill, lawmakers
swept away one of the last vestiges of the 1933 Glass-Steagall Act that held
sway over markets for decades.
Small firms pay price of bank boom: As bankers celebrate more profits,
more companies die from lack of loans Small businesses are paying the
price for the banks¶ dramatic return to bumper profits.
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they would.


August 3, 2010



places?)
balance its budget.

about 1.3% «¶;
europe:
u.s.:

much worse to come!
Warning Signs Suggest Market Headed for Another Collapse


instead of 2010.
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Capital Controls: The Final Phase in the Great Looting of America Eric
Blair | Capital controls are the next big event in the government-banking-
Historic Voter Volatility in This Year of Fear It¶s becoming increasingly
clear that Americans aren¶t simply in the midst of hard times. They are in
the midst of one of the most volatile political environments since World
War II.
Pat Tillman¶s Father To Army Investigator: µF² You« And Yours¶ There
always was a dark cinematic thread to the story of Pat Tillman: the football
star imbued with post-9/11 patriotism who was killed in a friendly-fire
incident in the Afghan mountains and the allegations of a massive
bureaucratic cover-up involving the highest levels of the U.S. Army in the
wake of the tragedy.
Petraeus wants more time in Afghanistan Foreign Policy | ISAF commander

Gen. David Petraeus and other military officers are publicly and privately
pushing to limit troop reductions starting in July 2011.
Pat Tillman¶s Father To Army Investigator: µF± You« And Yours¶ Huffington
Post | The Weinstein Company sent the Huffington Post two previously
unseen letters written by Tillman¶s father at the peak of frustration with the
army¶s investigation into his son¶s death.
Military Industrial Complex: Of 158 retired generals advising wars, 80% tied
to defense industry; 29 are defense CEOs USA Today | Of the 158 retired
generals and admirals identified as mentors, 80% had financial ties to
defense contractor; 29 were company executives.

public Internet.
Despite positive corporate media spin amidst a cacophony of criticism
from both sides of the political spectrum, Barack Obama¶s approval rating
matched its record low today according to Rasmussen Reports.


fluorination.

Anderson Cooper Apologizes For Media Complicity In Tillman Cover-Up

Interview with Pat Tillman¶s father about new documentary exposing how
the government with help from the media used Pat Tillman¶s death to
promote the war.

no return.


know it.
today.

self-evident.
Y

the 1930s.


revised figures.
simultaneously.
etc.].


processes.





vaccines´
The Psychology of Conspiracy Denial Wired Magazine writer Jonah Lehrer

attempts to offset the overwhelmingly critical response to his attack on
Alex Jones by characterizing skepticism of authority in the context of
vaccines and mass medication as a psychological dysfunction, despite the
fact that the history of government-funded medical research in the United
States is replete with examples of scientific abuse against unwitting
victims.
Enemy hyped assassination: Iran pres. Iran¶s President Mahmoud

Ahmadinejad rejects reports about an assassination attempt on his life in
Hamadan Province as a plot hatched by the enemies.
deployed.
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grid.
Taliban tutor.




camp´.


nightstick«¶
Zahedan.

Washington.

" *% Wall Street now Dump Street.
&
2'
"
@During tumultuous times you
want to protect your portfolio but how should you do it? Brian Stutland has
a strategy using the S&P ETF He suggests
# a call against a
#
position.
NN(
#5 -!! [Writing covered calls is an
interesting, conservative financial strategy that certainly can enhance
overall return, but as well, limit upside potential / capital gains « which in
this market is µno problemo¶ whatsoever, reality considered ]µThere were
several folks out this morning yelling to buy the dip (Jim Cramer was one
of them), and traders who followed that advice did pretty well. Rather than
buying the dip, I used the initial drop to escape some positions I thought
were going to expire worthless, then I used the bounce to lighten up more.
Bears were able to get the SPDR back under the $108.75 to $108.88 area,
which I see as key right now. Another Friday and I'm curious to see any
impact from the weekly options. Will the big names be stuck right around
the strikes where they stand now? Unfortunately, the bigger tech names
are closer to their downward strikes than their higher strikes, so that could
pressure the market. One name that doesn't seem to care is Baidu. It is
right in between the $80 and $85 strike right now, so...¶
Jobless claims jump to 5-month high The number of first-time filers for
unemployment insurance rose to the highest level since late February last
week, according to a weekly government report released Thursday.
was paid nearly $900,000 annually (with benefits the package was an
as previously set forth on this website. Drudgereport: 'Where do the
bailouts end?' [I feel compelled to comment here that even capital hill math
would be hard-pressed to justify $26 billion taxpayer / treasury dollars they
don¶t really have, to save 300,000 state / local government jobs! After all,
the nation is defacto bankrupt! ]
On-air use of N-word 'was wrong' (AP) (Washington Post) [The infamous µN¶
word « the wobama Oedipal effect «] Dr. Laura apologizes for using it on
talk radio show with caller she deemed "hypersensitive" to racism.

Obama signs $26 billion jobs billY (WP) [I feel compelled to comment here
think the former Soviet Union would have done the same.]Y
frauds and great detriment to the nation.] Y

Resistance on Gaza flotilla came as surprise (Washington Post, 8-12-10)

Oh, please! Spare me the b*** s***! You¶re hurting my ears and eyes!
There¶s no excuse for what are typical militant, belligerent, provocative,
war criminal israeli actions, to america¶s and the world¶s detriment. For one
to buy into the typical israeli line they¶d have to be deaf, dumb, and blind;
and particularly, self-destructively foolish. It¶s sadly always the same old
story with the bloodthirsty israelis, with the few exceptions, bright lights as
they were, ie., Christ, Rabin, etc., meeting the same bloody and dismal fate.
Netanyahu: Raid on aid flotilla was 'last resort' after talks failed
(Washington Post) Come on! Isn¶t everyone tired of the israeli b*** s*** of
contriving circumstances to sabotage resolution, then having everyone pay
the price for their intransigence and militancy (they have illegal nukes,
commit war crimes, etc.). Then there¶s the everyone play dumb in light
thereof; and, defacto bankrupt america, et als, have been very dumb which
is not lost on the rest of the world. Time for tough action against war
criminal nation, international law / u.s. resolution violator israel.


Peter Schiff: ³We¶re in the Early Stages of a Depression´ 'Y.Y |

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out of everything this morning, for a few reasons«First, breakouts don¶t
always work and momentum stocks have a habit of ending their trends
abruptly.
Second, «I can buy back in this afternoon if I change my mind (not likely). I
see more risk to the downside here than I do to the upside. «Third, the
jobs number tomorrow scares me. No, it doesn¶t matter what the number is,
we all know it¶s going to be bad, what matters is how the market reacts,
and I have the feel it¶s not going to be good. Fourth, many of my oscillators
are overbought here.Fifth, and finally, I don¶t like the fact that this rally has
primarily taken place on the back of the most beaten down sectors. «It all
just doesn¶t pass the smell test for me. I¶ve been successful at this not
because I¶m always right, but because I know when I¶m wrong and I¶m
willing to change course or step aside. Right now, I¶ll step aside.¶
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public Internet.

Internet Senator Joe Lieberman¶s draconian Internet takeover legislation
Internet of Dissent When political Zelig joe lieberman


fluorination.

Anderson Cooper Apologizes For Media Complicity In Tillman Cover-Up

Interview with Pat Tillman¶s father about new documentary exposing how
the government with help from the media used Pat Tillman¶s death to
promote the war.

no return.


know it.
today.
self-evident.
Y

the 1930s.


revised figures.
simultaneously.
etc.].


processes.





vaccines´
The Psychology of Conspiracy Denial Wired Magazine writer Jonah Lehrer

attempts to offset the overwhelmingly critical response to his attack on
Alex Jones by characterizing skepticism of authority in the context of
vaccines and mass medication as a psychological dysfunction, despite the
fact that the history of government-funded medical research in the United
States is replete with examples of scientific abuse against unwitting
victims.
Enemy hyped assassination: Iran pres. Iran¶s President Mahmoud

Ahmadinejad rejects reports about an assassination attempt on his life in
Hamadan Province as a plot hatched by the enemies.

deployed.
(
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grid.

Taliban tutor.





camp´.


nightstick«¶
Zahedan.


Washington.
In weak economy, more people are filing early for Social Security
(Washington Post) I think this to be a combination of prescience and µget
while the getting¶s good¶. After all, this is an unfunded promise meant to be
broken by defacto bankrupt America.
Military experience helps shape future career success (Washington Post)

[Oh yes. That now typical american government / military experience; born
of nothing and offering nothing of real value morphing into that so-called
conduit for treasury-draining money flows aka the infamous consultant].
John Morgan's service in the Navy propels him to greater responsibilities
at the Pentagon, and eventually to a consulting position with Toffler
Associates.
INSIDER TRANSACTIONS (Washington Post) APPOINTMENTS: Insider

Transactions: Appointments (Washington Post) Yes, it all sounds like a
plan! A bad one for most; but, lucrative for a few, as is so with crime in the
general sense.
The anti-business president's pro-business recovery(Washington Post)

[First, what recovery? He¶s just with open-eyes transferred treasury /
taxpayer dollars to fraudulent wall street et als including the military
complex while incurring unsustainable debt loads for already defacto
bankrupt america. Others have already recognized this reality. Is Obama a
Marxist? He Works for the Bankers Poll: Waning support for Obama on
wars Support for Obama¶s wars fell to 36%, down from 48% - reality: This
is a global depression. This is a secular bear market in a global depression.
In Iraq, $2.6B unaccounted for (Washington Post) [Daaah! Fog of war

frauds among others; the nation¶s treasury pillaged and plundered; I¶ve
previously commented here and included on my website
http://albertpeia.com , see
5 ] Pentagon can't account for how it spent
$2.6 billion of Iraqi oil proceeds, an IG report says.
Articles on Catherine Austin Fitts' Blog: http://solari.com
Billions over Baghdad Barlett and Steele - Vanity Fair September 2007
Those Who Blow Whistle on Contractor Fraud in Iraq Face Penalties
Hastings - AP 2007
Auditor Quits with NASA Finances in ChaosBy Nag and Zabarenko2004
The War on WasteCBS News Citing "cooked books" at DOD, Rumsfeld on
the missing $2.3 trillion, 2002
Military Stashes Covert Millions St. Petersburg Times 2003
The power of Palin's touch (Washington Post) [Wow! Talk about stupid.
Murphy could have eliminated the middle-man (person) and appeared on
SNL himself; maybe reprising a familiar (Eddie) Murphy role as Gumby 2,
Son of Gumby. The only thing funnier is palin herself. She¶s so
embarrassingly dumb!] .Endorsement lifts little-known candidate in Md.,
giving the struggling campaign a "megaphone."

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9 Reasons Why You Won¶t See A Jobs Recovery Anytime Soon In two
words: small businesses.
Federal Employees Earn 30 to 40 Percent More than Private-Sector

Workers, Study Finds Federal employees earn 30 to 40 percent more
money than their private sector counterparts on average, a study from the
conservative Heritage Foundation finds.
The Oil Price Surge Indicator Says There¶s A 100% Chance Of A New
Recession No, that headline is not a typo.
Gerald Celente On the Alex Jones Show: Double Dip Depression Will Lead
Us Into War The white shoe boys are taking us into the worst depression in
history.



Accountability is unclear in israeli probe of flotilla raid (Washington Post)

Oh, come on! An israeli probe of an israeli massacre of civilians. Time for
israel to pay; for illegal nukes, for violations of international law, for
continued violations of u.n. resolutions, for provocations as pretexts to
sabotage peace talks, and on and on ad nauseum. Why does america
among other nations feel compelled to sacrifice themselves for the sake of
a global criminal nation with an insatiable greed and blood-thirst as israel?
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Yeah! Dave¶s the only one who seems to be on the mark concerning the
preposterous market action this day. Even before reading same I was going
to comment here that I believed that the decision to µmouse click / button
push¶ the programmed buy trades was probably made after hours in the
previous session. Remember, these are desperate criminally insane frauds
on wall street who really try very hard to get people to by into their paper-
churning high-frequency trade / commission scam for which ultimately
potentially productive money is siphoned off / drained from the economy
into their pockets which is a net negative in real economic terms. They
know all the tricks, technical trendlines, moving averages, etc., to suck
them in: (# ; )5 " *% - The economic
news from the unemployment report could not be worse and an old pattern
was repeated -- higher volume on a selloff followed by an engineered "stick
save" into the close. It used to be hard to make this stuff up, now it's
becoming routine. As noted yesterday, bulls might like bad data since
they'd expect another round of quantitative easing (QE2) from the Fed and
a politically desperate administration. This means more liquidity baby and
an opportunity to lift stocks to new highs. That's the thinking from bizzaro-
land. So we get another big intraday 150 point swing in the DJIA as the
"2:15 PM Buy Program Express" hits the tape on time as volume starts to
dry up. That's why the caution sign advises to stay away from the Program
Trading Express. Nevertheless, volume increased Friday with most of that
coming early and often. Breadth was negative but not overwhelmingly so.
China orders closure of more than 2,000 factories Associated Press

(Washington Post) [ Riiiight! The ultimate environmentalists. The
communist Chinese. How µbout that¶s the China bubble bursting that you
hear / see! Be sure to wear some flowers in your hair« if you¶re goin¶ to
san fran Beijing, your goin¶ to meet some gentle people there « ] China
orders 2,087 steel and cement mills and other factories with poor energy
efficiency to close as the country struggles to improve its battered
environment.
(08-09-10) Economists Herald New Great Depression The world is currently

the 1930s.
Social Security borrowing cash to tap its own trust fund (Washington Post)
[ Wow! Talk about creative accounting / finance. Borrowing more cash to
replace paper IOU¶s which should be cash but has been spent. Yes, indeed!
This sounds like a plan not sound. Sounds like defacto bankruptcy! ] This
year's cash deficit, the first since the early 1980s and the biggest ever,
means the government will have to borrow money to redeem some of the
Treasury securities in the trust fund.
Freddie Mac's loss narrows, but firm needs more aid (Washington Post) [
Sounds like a plan! After all, what are corporations for in a free enterprise
capitalist system but to as closely as possible follow that fraudulent wall
street boondoggle paradigm of socializing the losses and privatizing the
gains. I still can¶t get over those compensation packages that probably
exceed the value of the company.] Mortgage finance giant Freddie Mac said
that its loss in the second quarter narrowed but that taxpayers would still
be on hook for the foreseeable future.
Post Co. reports big increase in second-quarter earnings Congratulations

to the Washington Post for well deserved results! A testament to the fact
that excellence in fearless journalism has its rewards! « If not the Post,
then who? « :
Economist sticks by stimulus, regrets call on jobless rate (Washington
Post) Well, they skipped the µfall on her sword for the sake of the empire¶
part, albeit a defacto bankrupt empire « or, maybe that¶s why she was
chosen « because she¶s a Rome ..r. I¶m still perplexed since µno-recession-
helicopter-ben¶ bernanke and senile greenspun have far worse track
records and indeed have been causative agents for crises owing to their
consistent µmisdiagnoses¶, and as if tenured to said position received no
such critical, job-jeopardizing scrutiny ( I¶d abolish the fed, absent full audit
/ transparency. In other words, I¶d abolish the fed).



Gold Has Got Its Groove Back How dare any of you second guess the gold
bugs. From a day¶s low of $1,168 per ounce, the yellow metal rallied to a
day¶s high of $1,186. Our precioussss is back on a tear, maybe.
b***s***!
manipulated data.

Recovery sputters as companies add few jobs (Washington Post) µThe
nation¶s economic recovery continued to sputter in July as employers kept
shedding jobs and 181,000 discouraged workers dropped out of the labor
force, according to a government report released Friday« µ [Riiiiight! That
µno-longer looking¶ dynamic that saves the day and the ue rate at 9.5%. At
this rate of progress, and according to their thinking and manipulations,
full employment at an unprecedented 0% unemployment is just around the
corner as everyone stops looking for the jobs no longer here, many of
which were sent overseas and which are not coming back owing to
substantial economic structural / financial shifts.]
Jobs Report: Companies Slow to Hire Only about 8 percent of the 8.4
million jobs lost at the peak of the recession have been recovered, leaving
millions of Americans still looking for work, according to an analysis by
ABC News' Business Unit. Video: News Update: US Unemployment Rate
Holds at 9.5%, 71,000 Jobs Added in June SmarTrend News 71K more
jobs not enough to dent unemployment rate The Associated Press

b***s***!
manipulated data.

been a shift.
Y
FCC ends net neutrality talks (Washington Post) God knows it¶s rare for me
to commend america for a governmental policy decision, but this is indeed
one such moment inasmuch as freedom of speech, constitution,
meaningful laws applicable to all, etc., are what define a nation and
america, particularly.
Y
Retailers' back-to-school blues (Washington Post) Sounds like a plan! The
back-to-school part; and make sure the frauds on wall street along with
capital hill are with them « you know, for the readin¶, µritin¶, and µrithmetic,
among other fundamentals that they¶ve forgotten or never learned. Like
adding/subtracting on capital hill, economics/finance/accounting on wall
street, etc.. Drogen doesn¶t believe they can so this day he¶s K

Leigh Drogen µI sold out of everything
this morning, for a few reasons.(infra)
Fannie Mae shows progress (Washington Post) Wow! Talk about wall street
spin and parallel universes! I mean, come on; billion dollar plus losses are
still billion dollar plus losses; and, given the amounts of money defacto
bankrupt america doesn¶t have that¶s been thrown at the problem, anyone
who doesn¶t have a sense of foreboding is a fool.
40 billionaires join Gates, Buffett in pledge to give half their fortunes to

charity (Washington Post) I thought 100% the number, and will wait till I see
it. Still, no small potatoes here. Sounds like an estate plan or maybe «
Virginia's inner struggle to get off the scotch tax (Washington Post) Beats
moonshinin¶ say the virginia hillbillies « those darn revenuers!
Geithner: Extending Bush tax cuts is a '$700 billion mistake' (Washington

Post) µGod bless us, everyone¶ says that little teddy, tiny tim geithner, a
lover of taxes himself and statutes of limitation concerning same.
General's record is set straight (Washington Post) Knowing for sure, you
know, that it truly was Nixon who banged that pregnant girl just like the tea
shirt / poster said is kind of a mind altering experience. After all, just as
Truman once said, Nixon didn¶t know whether he¶s lying or telling the truth.
Well, that¶s one for old saint Nixon since that militates against intent; you
know, the not knowing part, and after all, he was a liar(sic) by trade. Truth
be told, by more current american standards of corruption, venality, verity,
etc., Nixon was but a choir boy. The irony of it all. Oh, the times they are a
changin¶.
House break cut short to work on jobs bill (Washington Post) Eh « what
the heck, µtis only money (they don¶t really have) and besides, only the
federal government can print it « sounds like a plan « and just in time for
the election, and that should help the ue stats.
Come on! Preposterous! Service sector? You mean the the b*** s*** sector.
Even if believed (I don¶t believe anything they say, and at the least all must
be discounted down, as they do later when people have forgotten that¶s the
purported reason they rallied), what is 17,000 service (predominantly b***
s*** government bought jobs with non-existent deficit building funds with
some exceptions ± yes, 80% of america¶s economy is now b*** s*** and as
on wall street, fraud) jobs in the relative scheme of things given the
magnitude of the problems, structural and otherwise? Nothing! Stocks
went up on typically spun µnothing¶.
General's record is set straight (Washington Post) Knowing for sure, you
know, that it truly was Nixon who banged that pregnant girl just like the tea
shirt said is kind of a mind altering experience. After all, just as Truman
once said, Nixon didn¶t know whether he¶s lying or telling the truth. Well,
that¶s one for old saint Nixon since that militates against intent; you know,
the not knowing part, and after all, he was a liar(sic) by trade. Truth be told,
by more current american standards of corruption, venality, verity, etc.,
Nixon was but a choir boy. The irony of it all. Oh, the times they are a
changin¶.
Comment on: Jobs in the cards? at 8/4/2010 6:11 AM EDT

How Obama can help small business (Washington Post) You¶re a bit late «
they¶ve already decided how to help « you might call their plan of putting
them out of their vaunted misery mercy killing, euthanasia, etc..
FHA: Mortgage insurance claims down (Washington Post) At least

somethin¶s goin¶ up, according to tiny tim µGod bless us, everyone¶!
It Comes Down Infowars.com - [Ooooh! Sounds like a plan µtiny tim¶! «
God bless us everyone! ] Treasury Secretary Timothy Geithner
acknowledged that it is still a ³tough economy´ for most americans, and
warned it¶s possible the unemployment rate will go up for a couple of
months before it comes down as more people enter the labor force.
U.S. savings rate at highest level in a year, data show: UNEASE ABOUT
U.S. ECONOMY
Data suggest recovery not yet self-sustaining (Washington Post) Riiiight!
Income and spending basically unchanged with falloff in both, while
pending housing sales down to the lowest level on record. The half-glass
full frauds on wall street will take it. They can spin that.
Drudgereport: NEW LOW FOR O: USATODAYGALLUP HAS OBAMA

APPROVE AT 41%...
Americans swap passports; Desire to avoid tax leads some to renounce
citizenship...
FALTERING RECOVERY TRIPS DOLLAR...
GM, FORD and CHRYSLER Sales All Lag Estimates...
Comment on: FHA is in better shape than expected at 8/4/2010 5:55 AM

EDT
FHA: Mortgage insurance claims down (Washington Post) At least
somethin¶s goin¶ up, according to tiny tim µGod bless us, everyone¶!
It Comes Down Infowars.com - [Ooooh! Sounds like a plan µtiny tim¶! «
God bless us everyone! ] Treasury Secretary Timothy Geithner
acknowledged that it is still a ³tough economy´ for most americans, and
warned it¶s possible the unemployment rate will go up for a couple of
months before it comes down as more people enter the labor force.
Comment on: As wages stall, savings rate rises at 8/4/2010 4:56 AM EDT
U.S. savings rate at highest level in a year, data show (Washington Post)
Riiiight! Income and spending basically unchanged with falloff in both,
while pending housing sales down to the lowest level on record. The half-
glass full frauds on wall street will take it.
Comment on: Democrats turn to manufacturing for jobs at 8/4/2010 4:52 AM

EDT
Manufacturing focus of jobs plan (Washington Post) L¶il bit late, but,
sounds like a plan. The government¶s defacto bankrupt, but, they could
always use an extra pen or two for signing those spending bills. No bics
allowed. Made in usa pens only. Ah! But alas. Defacto bankrupt america¶s
expertise now lies in manufacturing wars.

Lose Sleep At Night
Americans who swap passports americans hoping to give up their

places?)
In devising punishments, SEC faced with competing interests (Washington
Post) The best punishment and the greatest deterrent is to assure that the
wall street frauds et als are criminally prosecuted, jailed, fined, and
disgorgement imposed; that is, to forfeit what they stole by fraudulent
means (remember, the bad paper is still out there but I believe slowly but
surely and very selectively being supplanted by hard, albeit fiat currency)
at the least. The cost to the treasury / taxpayer has been enormous and
hence, the resistance to transparency / audit. The wall street perps should
pay, and as yet, they haven¶t.
Tiny Tim geithner to bankers: Fear not new rules (Washington Post) They
don¶t! « And, you can take that to the insolvent, mark to anything bank!
God bless us everyone! « And tiny tim, where¶s that missing 4 trillion at
the new york fed? Have the taxpayers, through more surreptitious
skullduggery effectively picked up that tab too?
Bernanke: Long road back to economic health (Washington Post) No-

recession helicopter ben, waxing philosophical while strumming a few
lines from the Beatle¶s µLong and Winding Road¶ with great emotion that
makes us feel for that poor sot « or snot « or NOT!


of poverty.
Obama's 'I told you so' on autos (Washington Post) Riiiiight, wobama. One
out of thousands of things you said (laws of µrandom probability¶ on your
side), all total b*** s***, ain¶t nothin¶ to crow about « and, by not standing
by things wobama said, the nation¶s more bankrupt!
For some, power is money (Washington Post) µMontgomery workers lose

wages as they wait for power to return¶ « Sounds like a plan « waiting for
Godot «
PricewaterhouseCoopers laying off 500 employees (Washington Post)
Well, the least you can say for these accountants is that unlike washington,
they can do basic math (add / subtract).
Regulators close banks (108 total 2010) in Fla., Ga., Ore., Wash.
(Washington Post) Sounds like a plan! Things going swimmingly. Just
separating the wheat from the chaff, so to speak.
U.S. recovery hopes fade as economic growth dips (Washington Post)

Gross domestic product is not rising fast enough to ease unemployment «
July becomes deadliest month for U.S. troops (Washington Post) Sounds
like plan! You know, the fraudulent wall street glass half full kind of thing «
lowering of costs of prospective medical, benefits, pension « well, in truth,
I¶m not sayin¶ that they said that, but you¶re dreamin¶ if you don¶t think they
think like that. You know, the new µattention to deficits disorder¶ in light of
the nation¶s defacto bankruptcy. What a total waste in every respect!
Y !"#Y$!Y$%&'#(Y(Washington Post) Wow! Talk

about a little bit late for that. Oh, right « they were busy spending money
the nation doesn¶t have on other things.YCongress extends war funding for
Afghanistan Disappearing Act: $8.7 Billion of Iraq Development Money
Missing Kurt Nimmo | Government says it is all the fault of shoddy
accounting practices.YYY×Y

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News Digest: a Worth it? 4 U.S. troops die in bomb blast in south
Afghanistan (AP, July 24, 2010) µThere will be blood¶ « whoops, that¶s oil,
wrong movie theme. This one¶s about heroin trade. 2 More Americans
killed in copter crash in Afghanistan (AP) Not so much, unless they rename
Tony Montana, To Mon el Swahili and recut µScarface¶ to reflect an
Aghanistan Heroin connection, or similarly change µHurt Locker¶. It¶s a
good thing for the military that IQ tests aren¶t required. Three U.S.
Embassy guards killed in rocket attack in Baghdad's Green Zone
(Washington Post) Big yes there since µThe Green Zone¶ got Hollywood
movie status. Bomb near Iraq mosque kills 15; U.S. soldier dies in road
blast (Washington Post, July 22, 2010) But guess what « none of that¶s
worth it; even for volunteer soldiers whose suicide rate is unprecedented
owing to this pointless, meaningless conflagration for the sake of the
military industrial complex and the enrichment of the few; and, to which Pat
Tillman was to attest which got him fragged.
Middle East Digest (Washington Post) $
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(Washington Post) [War criminal israelis justified their attack saying when
the 10 year old girl grew up to be a woman she¶d be prepared to fire rockets
at them]
In 1948, U.S. Secretary of Defense James Forrestal, an opponent of the

creation of a Jewish state in Palestine, warned that, even though failure to
go along with the Zionists might cost President Truman the states of New
York, Pennsylvania, and California, it was about time that somebody
should pay some consideration to whether we might not lose the United
States. Mr. Forrestal was absolutely correct! Isn¶t that exactly what¶s
happened to defacto bankrupt america in intractable decline.
TIME TO REVOKE AND NULLIFY THE BALFOUR DECLARATION AND

ABROGATE THE CREATION OF THE NATION STATE OF ISRAEL
Adding profits but subtracting workers (Washington Post) Sounds like an

american strategy as on wall street launched pleine lune, vollmond, luna
ilena, plenilunio, pełnia księżyca, or full moon in English. You know,
despite warnings from the very sane Ross Perot very near labeled a lunatic,
the lunatics on wall street and elsewhere µfigured¶ how by shipping
production and jobs elsewhere you could do nothing with almost no
workers and still make a similar percentage profit by selling the
repackaged foreign product here (in other words something akin to wall
street¶s churn-and-earn high frequency computerized commissionable
trade programs that in real economic terms is a net negative). The
reference to Orwellian, though in other context, if only for the synchronicity
and the rapidity with which these negative events have unfolded is
welcomed. Just look at britain. Those poor dumb brits. They think
Orwellian¶s their destiny and the way to go.
Long-term deflation is called a possibility (Washington Post) Whoops «

Federal Reserve's James Bullard: Long-term deflation like Japan¶s is a
possibility « If only america¶s could be like Japan¶s « they¶d take it.
Though an understatement, this revelation comes at a time when the µno
recession ben fed¶ has become the antithesis of that µWashington cherry-
tree tale¶ since they¶ve become known for their american tail (sic) µthey
cannot tell the truth¶.
Foreclosures rise in most major metropolitan areas (Washington Post)
Ooooh! Sounds like a plan! Bully, bully, bullish say the frauds on wall
street since when sold in foreclosure those sales can be spun for
increased existing (or new) real estate sales (kind of like that almost
contrarian indicator, short sales, meaning at some point they¶ll have to
cover « righto old beans).
The biggest question since:Atlas/Who is John Galt?Who is Barry

Soetoro,wobama?



WASHPOST TAKES ON THE SPOOKS: Hidden world, growing beyond

control...
'C.1333 *- ' ' '
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DIGEST: Consumer confidence down; home prices up (from and at low

levels which Shiller¶s concedes are for the moment stabilized but
unsustainable) (Washington Post) The positive here is that at least the
consumers / populace have finally got something right.

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Chiefs' compensation (Washington Post) The foregoing list, though only

oil, reveals an inherent american inclination toward thievery which also
explains the wall street debacle. Only the exceptionally few well-managed
american companies have ceo¶s deserving of exceptional pay packages /
compensation and I think you¶ll find in said companies compensation
commensurate with results. american ceo¶s generally, and global results
(and comparisons) bear this out, are overpaid.
Oracle CEO tops list of highest paid execs with $1.8 billion (Washington
Post) Don¶t just focus on him; american ceo¶s generally, and global results
(and comparisons) bear this out, are overpaid.
D.C. area housing market a bright spot (Washington Post) Clearly a
contrarian indicator which means more in Washington doing nation¶s
business; clearly a bad thing (more doing less, creating more problems
than solving, costing more for less, etc.).
Why Bernanke isn't advocating fiscal stimulus (Washington Post) I would

be inclined to say the obvious; that you can¶t spend what you don¶t have;
but, we all know that¶s not true. Indeed, that¶s become a significant part of
the problem and america¶s defacto bankrupt status a testament to that
reality. Then there¶s the over-printing of an ever more worthless fiat
currency which continues as µwe speak¶; and, there are limits to that too as
the dire results of same ultimately begin to unfold.
Cities, counties could slash 500,000 more jobs (Washington Post) Could?
I¶d say must. Particularly when you factor in that this election µspurt¶
leaving the nation even more bankrupt is illusory. I had occasion some
time ago in speaking with a long-time California resident (instructor at the
college gym where I worked out) to express my surprise at the bloated
(municipal, state) high-priced bureaucracy which of course is not
productive except as to higher taxes and which is at the forefront in the city
of Bell where the city manager was paid nearly 900,000 annually, and
specifically mentioned the part-time typical compensation of $100,000 and
contracts to interested, even familial, parties. Of course, no one has done
this better than feinstein, albeit on a more federal level and China contracts
through her husband¶s companies, as previousl set forth on this website.

'Systemic risk' and preventing the next bubble (Washington Post) Come
on! We¶re in the next bubble; or, should I say in the same bubble inasmuch
as the so-called µlast bubble¶ never totally deflated owing to overactive
Weimar dollar (now european) printing presses, fraudulent mark to
anything accounting among other manipulations, etc.; and a less elastic
(ready to burst) one at that.
This is quite incredible. The wobama market « based on b*** s*** alone.
Yes, there¶s a waning full moon. Yes, this is an election year and we¶ve
seen frothing, false data / reports before. But come on! This is downright
ridiculous. I had occasion to hear from a so-called money manager on what
used to be a balanced business / finance radio program (I seldom listen to
said program anymore, truth be told, but owing to a scheduling quirk
caught same this day) say that all the economic / business news last week
was good. In point of fact, the actual news was all bad (except for some
sporadic earnings reports that were discounted many months ago). What
parallel universe are these foisty feisty frauds living in? Again, waning full
moon Then the infamous federal but not really federal, express in only a
month (with blazing full moon) changed downward guidance to upward
guidance and based on b*** s***, and voila « another full moon rally (oh
yeah, the percentage up from low level housing still low). Are the 30 day
lunar cycles at work or just election year frothing? Preposterous.
Fundamentals have not changed. Structural problems to the economy and
insurmountable debt remain and will worsen. All their computer
programmed trading tricks with eye towards so-called technical support,
resistance, etc., levels will suck some suckers in as always, they¶ll still get
their commissions on the way down, and we¶ll see the bubble deflate again.
This is an especially great opportunity to sell and take whatever profits /

gains because there is truly much worse to come and the nation¶s defacto
bankrupt in every way.
, $
- Suttmeier µ «Bank Failure Friday ± The FDIC
closed seven banks last Friday bringing the total for the month of July to
17 and 103 for the year. Month to date bank failures have drained the FDIC
Deposit Insurance fund by $925.7 million brining the year to date today to
$18.5 billion well above the $15.33 billion prepaid assessments for all of
2010. I estimate that the DIF is now in arrears by $32.7 billion.
Y Only 25 banks failed in 2008, as the FDIC was slow closing

community and regional banks.
Y There were 140 bank failures in 2009 with a peak of 50 in the third
quarter.
Y In the first quarter of 2010 there were 41 failures, in the second
quarter there were 45 failures, and so far 17 for the third quarter for a
year to date total of 103.
Y At this pace bank closures in 2010 will be within my 150 to 200
estimate range for 2010.
Y Since the end of 2007, the FDIC has closed 267 banks on the way to
my predicted 500 to 800 by the end of 2012 into 2013 «¶
103 U.S. Banks Have Collapsed So Far In 2010 ± Do You Know If Your Bank
Will Survive? Have you ever noticed how almost all U.S. bank closings are
now announced over the weekend? It is almost as if someone wants to
keep the increasing number of bank closures out of the news cycle as
much as possible.
Jim Rogers: Stress Test Is a PR Exercise The stress test in which only
seven of 91 European Union banks failed is just a public relations exercise
and wasn¶t tough enough, famous investor Jim Rogers told CNBC.com
Monday.
ETF Investing: S&P 500 ETF sending bearish signal «After hitting its 2010
peak in April, the $70 billion SPDR S&P 500
ETF(SPY 110.41, +0.95, +0.87%) has been in a downtrend punctuated by
fizzled low-volume rallies and lower highs.

Global bank rules deal struck (Washington Post) No action. Delay.

Obfuscate and µfraudulate¶. Riiiiight! Sounds like a plan! Things are going
so fraudulently swimmingly with the many trillions of bad paper / worthless
assets still out there and in defacto bankrupt american fashion now marked
to anything. Don¶t want to upset that applecart; or rather, µsomething¶ cart ±
apples are just to expensive for street vending!
Financial Crisis Commission Threatens To Audit Goldman Sachs The

Financial Crisis Inquiry Commission headed up by Phil Angelides has
threatened to audit Goldman Sachs, as it looks for more data on its dealing
in derivatives. (They should! Forget the threats « Just do it and
prosecute!)
Goldman reveals where bailout cash went Des Moines Register | Goldman
Sachs sent $4.3 billion in federal tax money to 32 entities, including many
overseas banks, hedge funds and pensions.
The Death of Paper Money Ambrose Evans-Pritchard | As they prepare for

holiday reading in Tuscany, City bankers are buying up rare copies of an
obscure book on the mechanics of Weimar inflation published in 1974.
Yes! I just (7-24-10) looked up and a quandary no longer as I saw the

reason for the market action to the upside the last few sessions. A blazing
full moon! Lest there be any doubt, truly a testament to the reality of lunacy
and the lunar links thereto are the lunatic fraudulent rallies on fraudulent
wall street; criminally insane by any standard.

fined, and disgorgement imposed.
INSIDER TRANSACTIONS (Washington Post) Sell / Take profits / gains.

That¶s what insiders do in contra-indicated stock bubbles as this (and don¶t
forget, options must be executed and shares bought before they¶re sold).
Financial News: What's coming this week (Washington Post) What does it
matter? False data, manipulated data, spun data, even blatantly bad data as
in the past week. More important are the lunar cycles:
China builds influence via cash (Washington Post) Well, cash is something
that accumulates when you don¶t spend same on illegal wars (as is so of
defacto bankrupt america, ie., Iraq, Afghanistan, etc.); note Germany,
Japan, etc.. Then there¶s the µhate¶ factor attendant to the µkilling machine
strategy¶ which contrary to their folly / imagination, does not win hearts
and minds. Then there¶s the fraudulent paper push which militates against
real, net economic gains.
Finally, there¶s the american µcrazy train¶ factor which has become ever
more globally recognized.
'Tony Hayward is about to get his life back' (Washington Post) In Siberia «
Yes, tiny tony of little people fame sent into exile in Siberia as one might
expect from the New Soviet Socialist European Union. Note Russia¶s Putin
has jumped onto that crazy train and to curry favor therein has µthrown Iran
under the bus¶, so to speak. But, then again, what can you expect from a
former KGB indoctrinated communist, although america¶s now mutated
form of capitalism / free enterprise (really not either) might yet resurrect the
likes of marx, lenin, trotsky, etc.. I¶m somewhat embarrassed to have even
considered going to Europe (specifically Switzerland / Geneva) and though
language the impediment (I¶m hard-wired for english and even with a prior
background in French, ie., junior high, high school, recent course-work in
French here in Cal did not come easily at all; although, computerization /
algorithms in English from inception did, which I believe explains Japan¶s
difficulty with computers, ie., Sony vaio, Toyota car computerized systems,
etc.). Even meaningfully lawless america¶s better than Europe (a very low
standard / threshold at that), for all the reasons that gave rise to america,
plus new reasons which will prove insurmountable having become the
µlapdog¶ joke of the ages as like lemmings they followed fraudulent wall
street¶s, america¶s lead blindly into the abyss.
Who¶s Barry Soetoro, wobama?POLLS: NEW LOWS FOR O.../The

Crucifixion of Stone/Gibson
Comeback Strategy: Appearing On ³The View´ [More b*** s***!].
Drudgereport: GOLDMAN reveals where bailout cash went -- overseas

banks!
POLLS: NEW LOWS FOR O...
:77 ! ( 7'
&7 %
, ;(!#
RACE BIAS AT JUSTICE... Justice official quit over the handling of a
voter intimidation case against the New Black Panther Party accused his
former employer of instructing attorneys in the civil rights division to
ignore cases that involve black defendants and white victims Cases
against Wall Street lag despite Holder¶s vows to target financial fraud
Obama broke promises ):


Top U.S. officer warns Afghan war will get worse


ABROGATE THE CREATION OF THE NATION STATE OF ISRAEL IN THE
INTERESTS OF FAIRNESS, JUSTICE, PEACE AND PROSPECTIVE
PROSPERITY FOR THIS WORLD!
Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com
http://www.albertpeia.com/alresume.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
You may post a comment on my blog on any topic:

http://alpeiablog.blogspot.com
(% F !
7 6 * 8&6E <7
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Wikileaks¶ War Logs Highlight Global Intelligence Facade Of µWar On

Terror¶
Wikileaks founder Julian Assange: more revelations to come
Law chief to probe KGB agent¶s claim that David Kelly was µexterminated¶
Top U.S. officer warns Afghan war will get worse NATO troops will die in
Afghanistan as violence mounts. Sounds like a plan!

Terror¶ The Wikileaks Afghanistan War Logs, publicly released today,
highlight and corroborate what we already know about the ³war on terror´
± it is a vast and decompartmentalised intelligence operation.
Wikileaks founder Julian Assange: more revelations to come The Wikileaks

founder, Julian Assange, said today that the organisation is working
through a ³backlog´ of further secret material and was expecting a
³substantial increase in submissions´ from whistleblowers after one of the
biggest leaks inUS military history.
Law chief to probe KGB agent¶s claim that David Kelly was µexterminated¶ A
former Russian spy¶s dossier which suggests that Government scientist
David Kelly was µ exterminated¶ in a planned assassination is being studied
by the Attorney General.
Top U.S. officer warns Afghan war will get worse More NATO troops will
die in Afghanistan as violence mounts over the summer, but Washington¶s
goal of turning the tide against the insurgency by year¶s end is within
reach, the top U.S. military officer said on Sunday. [Sounds like a plan!].
Wikileaks Docs Target Pakistan Kurt Nimmo | Pakistan is the new frontier
of the Forever War on Manufactured Terror.
Terror¶ Steve Watson | The Wikileaks Afghanistan War Logs corroborate
what we already know about the vast intelligence operation known as the
³war on terror.´
H.R. 5741 Slave bill now in Committee Rob Dew | Slavery has a new name:
³Mandatory Service.´
Oath Breakers and the Age of Treason The Excavator | America was
covertly overthrown by a tight-knit group of criminal insiders.
Iran¶s military leaders try to raise their nation¶s confidence in the face a
possible attack Andrew Steele | Iran¶s military leaders are trying to
reassure their people that the nation would stand strong against a possible
u.s. or israeli attack.
Goldman Sachs Names European Banks It Paid Amid AIG¶s U.S.-Funded

Bailout Goldman Sachs Group Inc. said it made payments to banks
including Germany¶s DZ Bank AG and Banco Santander SA of Spain for
mortgage-related losses as it received U.S. taxpayer funds through
theAmerican International Group Inc. bailout in 2008.
Kucinich, Ron Paul: Get US troops out of Pakistan Two US lawmakers ² a

Republican and a Democrat ² proposed a bill this week demanding the
withdrawal of all US troops in Pakistan, where they are conducting covert
operations against militants.
CNN Anchors Desperately Call For Crackdown on Bloggers Which They

Collectively View as a Threat to Their Information Blockade Anchors Kyra
Phillips and John Roberts discussed the ³mixed blessing of the internet,´
and agreed that there should be a crackdown on anonymous bloggers who
disparage others on the internet, most of whom deserve it.
Pentagon workers tied to child porn Federal investigators have identified

several dozen Pentagon officials and contractors with high-level security
clearances who allegedly purchased and downloaded child pornography,
including an undisclosed number who used their government computers to
obtain the illegal material, according to investigative reports.
Infowars.com Censored in Greece An Infowars.com reader sent an email

today informing us that our website is no longer available in Greek public
libraries. Sarkozy Accused of Working for Israeli Intelligence Gamal
Nkrumah | A letter dispatched to French police officials late last winter
revealed that Sarkozy was recruited as an Israeli spy.
israeli official offers warnings (Washington Post) What about israel¶s illegal
nukes, israeli/american war crimes, etc.. Next stop on the israeli/american
crazy train: Iran.
;-8h2'5"
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2(House OK¶s
possible Israeli raid on Iran Republicans in the US House of
Representatives have introduced a measure that would green-light a
possible Israeli bombing campaign against Iran. House OK¶s possible
Israeli raid on Iran Republicans in the US House of Representatives have
introduced a measure that would green-light a possible Israeli bombing
campaign against Iran. Former CIA Boss: Iran Attack ³Inexorable´ Kurt
Nimmo | According to Michael Hayden, a CIA boss under George W. Bush,
Iran¶s not having a nuke is just as dangerous as it having one.
White House decries WikiLeaks' release of Afghan war documents Los

Angeles Times - National Security Advisor James Jones says the
disclosure could endanger lives and US security. The NY Times, which
received early access, says the documents point to Pakistan-Taliban
collusion. Wikileaks releases 92000 hidden Afghan war docs Sydney
Morning Herald Leaked Documents Shed Light on Afghan War Wall Street
Journal [How about the reality that the release of war criminal american
mad dogs on the rest of the world endangers lives as well as world and u.s.
security].
Army analyst linked to WikiLeaks hailed as antiwar hero: Many rally to

soldier's defense after disclosure of classified documents (Washington
Post) Indeed, if not him, then who. Pat Tillman, a late convert to that
position was fragged for it. Wobama, who was elected in large part for it,
has an irrevocably failed presidency for lack of it! He is a hero inasmuch as
quite possibly the magnitudes of the frauds might be lessened and
civilians spared the american induced µhell on earth¶!
Push to cut top brass causing much unease (Washington Post) [ Of µgeese
and gold-plated eggs¶ « I think only fables, cartoons, and nursery rhymes
are the means by which to convey the depth and seriousness of america¶s
decline / bankruptcy. They really just don¶t get it. Denial. Mental infirmity.
Outright stupidity. Whatever the reason, reality is what it is.
Grim Voter Mood Turns Grimmer... and others Economists Herald New
Great Depression « ] None of the Pentagon's spending cuts and budget
battles is causing more angst than Robert Gates's vow to trim number of
generals and admirals.

about a little bit late for that. YCongress extends war funding for
Afghanistan Disappearing Act: $8.7 Billion of Iraq Development Money
Missing Y
Contracting industry anxious about Defense cutbacks (Washington Post)

[As well they should be inasmuch as in any rational / solvent nation, they
wouldn¶t be spending what they don¶t have. Defacto bankrupt america,
spends what it really doesn¶t have in amounts exceeding more than the
defense / military spending of all other nations in the world combined. Yes;
at long last, the entitlement programs of the military industrial complex
warned of by underrated President General Eisenhower are in jeopardy. ]
Y
Pentagon to cut thousands of jobs, defense secretary saysY(Washington
Post) [ Sure sounds like he means business; and, it¶s certainly somewhat
reassuring to see a state almost as bad as mob infested pervasively
corrupt jersey, viz., virginia, take the hit (virginia is predominantly
government mob, much of which is cia at that). Yet, one must be skeptical
of what this perpetual-war, hot or cold, career cia slug is actually
accomplishing with these relatively small peripheral cuts given the defacto
bankrupt status of the nation. But, this is one of those rare instances of
something being better than nothing since guns verses butter is real
economic decision-making and reality. ]Y
Petraeus: Strategy is on track (Washington Post) (What strategy? It just
gets worse. america¶s defacto bankrupt! Plus, we¶ve heard this before!
Drudgereport: Petraeus: 'We're doing everything we can' «[Sounds like a
plan!]...Builds Case for 'Success' in Afghanistan «[If only words could
make it so!]...) In Washington Post interview, general says he sees signs of
progress in Afghanistan, supports Obama's decision to begin withdrawing
troops next July.
Base in Kyrgyzstan remains on track (Washington Post) Sounds like a

plan! In Osh, no less; which similarity to Osh Kosh confers a certain
µlegitimacy¶ to america¶s self-destructive, nation-bankrupting non-strategy
of µbeing there¶. A new raison d¶etre, so to speak! Osh, Kosh, be Gosh!
Karzai's bid to control inquiries worries U.S. (Washington Post) [My Lord!
You just can¶t make this stuff up! The americanization of Afghanistan «
hopelessly corrupt « but american µliberators¶ want their cut from the now
hopelessly corrupt liberated nation, in america¶s own image, of the heroin
trade they¶ve worked so hard to restore.] There is growing concern that
U.S. support for the war will diminish further if voters continue to see the
Afghan government as hopelessly corrupt.

Afghans still see U.S. as bad guy (0

Y( ) [Riiiiight! Sounds like a
plan « winning hearts and minds throughout the world « great for exports
also as such µwon hearts and minds¶ just love to buy american.] American,
NATO forces retain blame for civilian deaths despite spike from insurgent
violence.
U.S. looks to replicate Iraq strategy, tactics (0

Y( ) [Oh right!

(0

Y( ) Sounds like a plan! Almost surreal was the appearance
Weekend: Angelina Jolie biography arrives(Washington Post ) I usually
don¶t weigh in on entertainment news, but this headline concerning what
appears to be a disparaging, and quite selectively so, purported biography
of Angelina Jolie is very disheartening when you consider the numerous
instances of failed leadership at nearly all very high levels of government
having so detrimental an impact on the world, that morton deems his time
appropriate to an actress who has actually tried to do good things (U.N.,
etc.) without having to. Indeed, even her latest film µSalt¶ (spectacular by
any standard as is her performance ± there are at least 2 winning sequels
there with 4 the max and stretching it owing to age ± she puts all, and I
mean all the µBonds¶ to shame) had an important message in terms of the
damage to this nation by a seemingly endless, nation-bankrupting, anti-
american (war criminal israelis already, and quite correctly, globally hated)
sentiment producing war strategy that is neither strategy nor reasonably
consistent with any positive american goal / objective; but rather is such a
debacle and folly that the same could very well be one that only an enemy
of defacto bankrupt america could hatch and for the reasoning set forth in
the well-written / directed film. She astutely observed and talked about the
synchronicity of the film as juxtaposed to recent events revealing that she
is wiser than most in Washington.

Afghanistan Baltimore Co. Independent Examiner | Congress voted to
extend funding for the war in Afghanistan by an additional $59 billion late
on Tuesday. Disappearing Act: $8.7 Billion of Iraq Development Money

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Tony Montana, to To Mon el Swahili and recut µScarface¶ to reflect an
Obama reminds veterans he's beginning war's end (Washington Post)

Sounds like a plan! I mean, after all you must have a beginning before you
have an end. Yeah, there¶s a certain ineluctable logic to that; a certain µring¶
to it! Like full circuit µb*** s***!

Murder on the high seas JERUSALEM: Israeli marines stormed aid ships
bound for Gaza on Monday and at least 10 rights activists were killed,
triggering a diplomatic crisis and an emergency session of the UN Security
Council. European nations, as well as the United Nations and Turkey,
voiced shock and outrage at the bloody end to the international
campaigners' bid to break Israel's blockade of the Gaza Strip
How does anyone take the u.s. seriously in light of their credibility
problems, war crimes, etc.? What nuke technology israel didn¶t steal from
the u.s., the u.s. gave them along with missile, armaments, etc.. and paid
for with taxpayer money that u.s. taxpayers and the defacto bankrupt
nation don¶t have.
It's time to expel israel from the UN Without doubt, the israeli attack on the
Gaza-bound "Freedom Flotilla" in the dawn of Monday, May 31, 2010 is one
of the most savage crimes in recent history. It seems the ruling power in
Tel Aviv has been afflicted with a variant of mad cow disease; otherwise,
how could it be so cruel to unleash such a beastly raid on the "Mavi
Marmara," the Turkish flagship of a flotilla carrying medical and
humanitarian supplies to the hapless people of Gaza Strip?
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ISRAEL NOW IN FAVOR OF NUKES IN THE MIDDLE EAST IN SUDDEN

SHIFT IN POLICY TO FAVOR IRAN IN A VERY BIG WAY! ISRAEL SEES THE
LIGHT AND SIDES WITH IRAN ON NUCLEAR ISSUE; ESSENTIALLY SAYS
TO THE WORLD AND IRAN µTO PRESS ON WITH NUCLEAR AMBITIONS¶.
Girdles for men? (Washington Post) [ I¶d say par for the course « of human
male evolution that is. After all, more and more peoples are referring to the
war mongering american male trend of warring on the far less militarily
capable, bullying if you will, as just a bunch of c***s. ]They call it "men's
shapewear," but ladies, we know that you know what that really means.
Spanx for Men debuted to such a success this year that the company is
coming out with a line of (gulp) bottoms for the fall.
Rockefeller Study Envisages Future Dictatorship Controlled By Elite «

(Vegetables « Yes, Asparagus, not Broccoli) « Here¶s the pathetic news,
however; it¶s called reality: [Neanderthals, Humans Interbred, DNA Proves
9
! ":
see here http://www.albertpeia.com/anthroindex1.htm Previously I
wrote: FOUND: MISSING LINK BETWEEN APES AND MAN.... These
stories, and the many like it, are old news and I subscribe to the more
studied view that there is no ³missing link´ per se and in my view they are
distinctions without significant differences. I previously wrote: [see infra]
and [Interestingly, my intuitive (but unstudied) thoughts prior to closer
[see infra] «] Global pandemics that kill millions, mandatory quarantines,
checkpoints, biometric ID cards, and a world of top-down government
control. These things are not lifted from the latest sci-fi blockbuster movie,
they¶re part of the Rockefeller Foundation¶s vision for what the globe might
be like in 15-20 years¶ time under a new world order tightly controlled by
the elite. [That¶s getting awfully close to the outside µdecades, not millennia
or even centuries¶].
Middle East Digest (Washington Post) $

h

: D
Previous-Mideast Digest h

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"
at them « press on says fellow war criminal defacto bankrupt nation
america] israeli shellfire killed two Palestinian freedom fighters and
wounded six people, including a 10-year-old girl, in the Gaza Strip,
Palestinian medical workers and an official with a militant group said. An
israeli military spokeswoman said soldiers opened fire on militants
suspected of preparing to fire a rocket at them.
July becomes deadliest month for U.S. troops (Washington Post) Sounds
like plan! You know, the fraudulent wall street glass half full kind of thing «
lowering of costs of prospective medical, benefits, pension « well, in truth,
I¶m not sayin¶ that they said that, but you¶re dreamin¶ if you don¶t think they
think like that. You know, the new µattention to deficits disorder¶ in light of
the nation¶s defacto bankruptcy. What a total waste in every respect!
Comment on: Mideast Digest at 8/4/2010 5:44 AM EDT

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Top Secret America: How the DOD does it (Washington Post) Does what?
Come On! You can¶t take this guy seriously. First, he¶s military; what do
you expect him to say. Second, he talks of wars as if they always have to
have one or be searching for one and we all know they ³find´ them. Finally,
he all but ignores what the underrated President General Eisenhower
warned of in the form of the unscrupulous, insatiably greedy
military/industrial complex which as colonel he but a very small cog in who
goes along to get along. The fact is also that they can¶t be managed and
also that they don¶t even try!
Afghanistan war deaths (Washington Post) What a colossal waste; the u.s.
might even spin this to a growth scenario, albeit in deaths. For General
Petraeus, battling corruption in Afghanistan is a priority (Washington Post)
If Betraeus is serious, he better look closer to home / u.s.!
Y!)%$!%Y!'Y')Y.!! Y&/ )!Y&')%#'(Y

NSA beats warrantless wiretap rap A Federal judge has dismissed a
complaint against the National Security Agency¶s (NSA)
Corrupt u.s. courts / judges: Their lifetime plush appointments should be

abolished, which corrupt entities are unheard of in productive societies as
China, Japan, etc.. Time to abolish these drags on society and eliminate
their lifetime stipends and corrupt costly bureaucracies.
WikiLeaks documents cause little concern over public perception of war:

WikiLeaks documents cause little concern over public perception of war
(Washington Post) Of course not! That¶s what defacto coup d¶etat is all
about (even beyond their propaganda). The public, overwhelming against
these nation-bankrupting illegal wars (america is defacto bankrupt) which
fact propelled spineless incompetent vegetable wobama to the whitehouse,
has become irrelevant in their view,; but, not so fast as mass unrest is
afoot.
Ron Paul: After µCIA coup,¶ agency µruns military¶ US House Rep. Ron Paul
says the CIA has has in effect carried out a ³coup´ against the US
government, and the intelligence agency needs to be ³taken out.´ I also
personally believe there has been a !5 '' !? which has
manifested in various substantial, blatant, brazened frauds, ie., wall street,
missing 360 tons of $100 bills in Iraq, war profiteering, etc., without any
fear of prosecution, and of course concomitant decline for u.s. as the
treasury is looted. But I also believe its scope is beyond just the CIA with
many complicit within the corrupted 3 branches of u.s. government (fed
judges, us attorneys, illegal system, etc.) plus the military and private big
money, ie., Goldman Sachs / wall street men, etc., among other organized
crime. america is defacto bankrupt in every way!
In Iraq, $2.6B unaccounted for (Washington Post) [Daaah! Fog of war

frauds among others; the nation¶s treasury pillaged and plundered; I¶ve
previously commented here and included on my website
http://albertpeia.com , see
5 ] Pentagon can't account for how it spent
$2.6 billion of Iraqi oil proceeds, an IG report says.
Articles on Catherine Austin Fitts' Blog: http://solari.com

Billions over Baghdadby Donald L. Barlett and James B. Steele - Vanity
FairSeptember 2007
Those Who Blow Whistle on Contractor Fraud in Iraq Face
PenaltiesDeborah Hastings - APAugust 2007
Auditor Quits with NASA Finances in ChaosBy Arindam Nag and Deborah
ZabarenkoMay 15, 2004
The War on WasteCBS NewsCiting "cooked books" at DoD, Rumsfeld on
the missing $2.3 trillion, ... January 29, 2002
Military Stashes Covert Millions St. Petersburg TimesSeptember 28, 2003
Key Documents
U.S. Department of Defense Web Site "The technology revolution has
transformed organizations across the private sector, but not ours, not fully,
not yet. We are, as they say, tangled in our anchor chain. Our financial
systems are decades old. According to some estimates, we cannot track
$2.3 trillion in transactions. We cannot share information from floor to floor
in this building because it's stored on dozens of technological systems that
are inaccessible or incompatible."- Remarks as Delivered by Secretary of
Defense Donald H. Rumsfeld, The Pentagon, Monday, September 10, 2001
Independent Audit Report - Department of DefenseRe: $1.1 Trillion Missing
from DODFebruary 26, 2002
Testimony of the Inspector General - Department of Housing & Urban
DevelopmentRe: $59 Billion Missing from HUD March 22, 2000
Discrepancies in America's Accounts Hide a Black Hole By Daniel Gros,
Financial Times June 15, 2006
Road to Ruin by Eric Sprott, Sprott Asset ManagementRegarding the $11
Trillion Deficit in the US Government in FY 2004January 2005
U.S.' Missing $Trillions Make Mainstream At LastScoop Media's version of
the Chronicle Story with more links addedMay 26, 2003
Dillon, Read & Co. Inc. and the Aristocracy of Stock Profits by Catherine
Austin Fitts A case study of two teams each with competing visions for
America.April 2006
Estimate $3.3 Trillion Missing From U.S. Treasuryby Buddy Grizzard An
excellent overview integrating coverage by key investigative journalists
August 2002
Where is the Collateral? and So, Where the Collateral?A two-part series
by Chris Sanders of Sanders Research Associates in London
These articles connect the dots between the missing money, the $

litigation, questionable HUD deals, and the impact on the
investment communityOctober 2003 and July 2004
U.S. "Could Be Going Bankrupt"by Edmund Conway, Economics EditorUK
TelegraphJuly 2006
whereisthemoney.org Web site documenting the missing money -- includes
petition, FAQs, Who's Who ... also available in Spanish
'C.1333 *- ' ' '
'
war, conflict, new war, etc., to spend it on.
jailed, fined, and disgorgement imposed. (Cases against Wall Street lag
despite Holder¶s vows to target financial fraud Obama broke promises ):

µThe Obama Deception¶ Censored µIn light of this development, I provide

an archived site version which appears to be complete

Web Site Archived FLV Version of Esoteric Agenda

http://albertpeia.com/esotericagenda.flv
SEC enforcers get to keep subpoena authority (Washington Post) I believe

that they should also be empowered to bring criminal charges inasmuch as
the doj and u.s. attorneys offices thereunder seem either unwilling, lacking
courage, incapable, without specific knowledge in the securities field
(inept), or just, as is my experience, plain corrupt, politically motivated, and
venal. This national decline, economic and otherwise, will not end until
justice is served and, ie., the wall street frauds et als are criminally
FBI could get easier access to Internet data (Washington Post) I hope so; at
least as to my data; then there will be no excuse for lack of resolution in
accordance will meaningful law. The fact is, they already have the relevant
data under penalty of perjury on disk. Moreover, it¶s been assigned out
here and I¶ve once again offered to take a polygraph on any and all matters.
There is really no way to rationalize or attempt to justify what america is /

has become since they have with open eyes chosen this contra-indicated
course of ineluctable decline, from illegal wars, to war crimes, to backing
war criminal nations as israel, to huge frauds, to war profiteering, to illicit
drug trafficking and money laundering, and this list goes on and on «:
(Previously) I¶d say this alito vs. wobama is a tempest in a teapot inasmuch
as alito is more than just a lightweight, hack, liar, fraud etc., as set forth in
the comments. alito is a criminal who should have served / should be
serving time in prison for obstruction of justice, bribery, among other RICO
violations. To alito, drug money is as green as corporate money and worth
his vote as well. In addition to being an inept [I looked in on the one mob
case he had brought, bungled, lost (accidently on purpose?) since I was
suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt alito brought in
all 20 mob defendants (rather than prosecute one or a few to flip them first)
who feigning illness had beds/cots in the courtroom along with their moans
during testimony and had the jury in stitches)] and corrupt (see below and
particularly the summary provided to the FBI under penalty of perjury [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenalty
ofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ] ) u.s.
attorney.
You¶re naïve to think that the so-called supreme court is any different from
the rest of the meaningfully lawless and pervasively corrupt american
µsystem¶. I knew well an accomplished trial lawyer, fellow american college
of trial lawyers / and a bar examiner, who pondered from time to time
becoming a judge ³so he¶d never have to work again´ ± his words.
Some comments on alito«all appropriate:
Probably the worst appointment in one hundred years.
Posted by: mnjam
-----------------------
Really? That's a pretty sweeping statement to make about someone who's
only been on the court a short few years.
And I thought that liberals were in universal agreement that Clarence

Thomas was the worst appointment in all of history?
Posted by: blert | January 28, 2010 2:11 AM | Report abuse

----------------------------
Yes. Really. Alito is a total lightweight and hack. He makes Thomas look
like John Marshall or Oliver Wendell Holmes. I KNOW ALITO.
Posted by: mnjam | January 28, 2010 2:24 AM |
the loser here is alito.lost his composure not good for a judge especially
afederal or supreme justice .loser big time this will live with guy for a very
time.roberts and the other justices will have a talk with him that is a
given.this relly larger than o one day news cycle.
Posted by: donaldtucker | January 28, 2010 1:12 AM |
Should Alito resign or be impeached?

Posted by: jdmca | January 28, 2010 1:05 AM |
Manchurian Candidates: Supreme Court allows China and others unlimited

spending in US elections Greg Palast | Our future elections may come
down to a three-way battle between China, Saudi Arabia and Goldman
Sachs. Call For Immediate Arrest of 5 Supreme Court Justices for
Treason Gordon Duff | The bloated corpse we are creating in Washington
is emitting a stench we can no longer abide. The aforesaid would be
shocking to anyone without a modicum of knowledge of the reality of
pervasive corruption within the u.s. courts themselves and america
generally, including all three branches of the u.s. government.
Rendition: Where the War on Terror Meets the War on Drugs Henningsen |
It¶s time to ditch the policies we have come to tolerate for decades before
they consume what is left of our moral core. I¶ve experienced the corrupt
inter-relationship of the government (all 3 corrupt branches) and the illegal
drug trade / obstruction of justice / bribery first hand, particularly the
courts / u.s. attorneys offices (ie., alito ± now u.s. supreme court justice ±
quid pro quo for his complicity / cover-up), feds; see immediately after
article excerpt for links / summary.
«³Evidence points to aircraft ± familiarly known as ³torture taxis´ ±

used by the CIA to move captives seized in its kidnapping or
³extraordinary rendition´ operations through Gatwick and other
airports in the EU being simultaneously used for drug distribution in
the Western hemisphere. A Gulfstream II jet aircraft N9875A
identified by the British Government and the European Parliament as
being involved in this traffic crashed in Mexico«´ In 2004, another
torture taxi crashed in a field in Nicaragua with a ton of cocaine
aboard« Mexican soldiers found ..132 bags containing 3.3 metric
tons of cocaine. The origination of the Gulfstream¶s flight is
unknown but it was destined for Cancun when it crash landed.
Again, here is the important point: that same Gulf Stream II was one
of the very same planes chartered to the CIA for the rendition of
suspected terrorists prisoners. Gulf Stream II crashed in Mexico with
3 tons of cocaine on board ..it should not be surprising that this
illegal practice of
!
has in some part, been used as a well-run
smokescreen for
borderless illegal operation- an extremely
lucrative international transfer and delivery of cash and
narcotics.,,These flights are not subject to regular customs checks,
inspections or normal regulations as they move seamlessly between
destinations in the US, Britain, Europe, Middle East, Central Asia,
Cuba and possibly through US bases in Turkey, Greece and
Morocco«

their lifetime stipends and costly bureaucracies. Rules of law mean nothing
to these typically corrupt americans. Most, including sam alito of the u.s.
supreme court, concerning drug money laundering and obstruction of
justice in the 3rd circuit ( also maryanne trump barry who covered-up drug
money laundering through her brother¶s casinos in a civil RICO case)
should have gone to or belong in jail. Contrary to popular belief, they do it
for the money, personal money, big, cash, untraceable money. The fog of
war is great for such things (360 tons $100 bills flown into Iraq and
missing, etc.).
[
ofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ].


There must be such things as parallel universes (I don¶t really believe that,
because there isn¶t) or how else do you explain the disconnect between
reality, current and prospective, and the wet dreams posited to keep the
war funding / corporate welfare programs alive in collectively what has
already become a trillion dollar boondoggle (not counting prospective
medical costs, etc.) and promises to go much higher. Even israel apologist
Cohen of The Washington Post alludes to the Vietnam analogy. However,
even if there were real goals beyond the poppy / heroin trade which the
Taliban had all but eradicated (there isn¶t); even if america wasn¶t defacto
bankrupt (america is); even if america wasn¶t killing innocent civilians in
large numbers (war criminal nation america is); even if america¶s allies
haven¶t similarly helped to bankrupt themselves by way of this war (they
have); even if I hadn¶t told you so (I did) «.. this war still was, is, and
remains a very bad idea!
Afghan war overtakes Vietnam to become the longest conflict in U.S.

history Mail Online | The war entered its 104th month yesterday, with
30,000 American troops being deployed in the first half of this year alone.
You think Iraq was bad? Invading Iran µwould be lunacy¶ Ivan Eland,
Director of the Center on Peace and Liberty at the Independent Institute in
Washington DC, gives his opinion on new sanctions imposed on Iran.
h
' !5 '
5#
# !
"
Billo Says:
June 11th, 2010 at 6:15 am
Lunacy? Keep in mind that this country is run and controlled by lunatics.
Our press government and military seem to take their orders from Israel.
Isarel wants to be known as a pack of ³mad dogs. Do we want ³mad dogs´
controlling us?
Here we see a bunch of phony accusations against Iran just like we did in
the run up to the bogus wars in Iraq, Afghanistan and now Pakistan. The
boy has cried wold ten thousand times. It¶s time to identify the ³lunatics´
and kindly take away the car keys. If you won¶t let your friends drive drunk,
why do we let a bunch of ³lunatic´ enemies run this place.
Glen Reply:
June 11th, 2010 at 6:47 am
Lunacy it would be.
But it is also to their great credit that the Iranians have not made their own
threats.
Everyone knows there are 3 WMD threats, Nuclear Biological and chemical.
The scariest of which is Biological.
Any attack done under the threat of immediate biological retaliation would
deter only the insane.
Watch out america home of the insane, home of the leaders who want an
80% population reduction.
General McChrystal¶s Burning Contempt for the Puppet Obama The farce
that is the war in Afghanistan is coming apart at the seams. General
Stanley McChrystal¶s sharp comments about Obama, Biden, and the
administration published by Rolling Stone are not so much about
disrespect, as the script-reading corporate media talking heads would have
it, but rather about a policy in disarray in Afghanistan.
Gaza blockade illegal, must be lifted ² UN rights official Israeli blockade

of Gaza unsustainable: White House US Jewish opinion and the µBeinart
moment¶ The controversial book, The Israel Lobby, in which the political
scientists, John Mearsheimer and Stephen Walt, argued that US foreign
policy has been hijacked by organized Zionism went strangely unnoticed
by the leading journal of American intellectual opinion, the New York
Review of Books. Doubts Grow Over Israel¶s Value as U.S. Ally Jim Lobe
| The notion is that Israel and its actions have since the Cold War
increasingly become a ³strategic liability´ to U.S. interests in the region.
Mideast Digest h

# /
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A Plague Upon The World: The USA is a ³Failed State´ Dr. Paul Craig
Roberts | The American people are lost in la-la land. They have no idea that
their civil liberties have been forfeited. US citizen killed on flotilla
reportedly shot four times in head Raw Story | A forensic report said
Furkan Dogan was shot at close range, with four bullets in his head and
one in his chest, according to the Anatolian news agency. The explanation
foisted off on the americans by war criminal israelis is probably something
on the order of µthey just wanted to make sure they missed him¶.
Roberts: µAIPAC purchases US elections¶ Russia Today | Paul Craig
Roberts says that there will be nothing that is going to be done by the
United States to change the relationship with Israel.
µUS funding terrorist group against Iran¶ Press TV | A member of a terrorist
organization operating in Iran says that a US State department radio station
originally put him in touch with the group.
Paul Craig Roberts: Government Abandoned Vietnam POWs Kurt Nimmo |

John McCain worked overtime to make sure Vietnam POWs never came
home. I think the even bigger story vis-à-vis mccain is:
http://www.albertpeia.com/heroenot.htm µDid you know that that so-called
"american heroe" john mccain was referred to by his fellow pows in
Vietnam as something akin to the "songbird" inasmuch as he was
constantly "singing" to his Viet-Cong captors to curry favor and better
treatment? This has been documented with authority by Colonel David
Hackworth. The same violates military code/protocol (other soldiers have
been court-martialed for far less) click Here, Here. [
http://www.albertpeia.com/hackworth.htm ] But, you see, this covered up
scenario, compromizing the false facade of far less than a heroe, is exactly
what a criminal (lie of a) nation as america loves and encourages (get
everyone's hands dirty so no-one dares to rectify same, ie., bush, sr.,
clinton, bush, jr.). That is, "toe the (corrupt, propagandized) line", become a
criminal, or be exposed, prosecuted, and/or ruined; and, hasn't anyone
asked how "wall street" has been "spared the spotlight" (and even was
accorded protective legislation from their criminal culpability) and focus of
inquiry, attention, and prosecution despite being the primary beneficiaries
financial and otherwise of these scams (you know the wall street motto,
"churn and earn"; huge conflicts of interest if not outright fraud)«¶
8

+ '5-55
? #
Israel¶s Nukes Out of the Shadows Israel faces unprecedented pressure to
abandon its official policy of ³ambiguity´ on its possession of nuclear
weapons as the international community meets at the United Nations in
New York this week to consider banning such arsenals from the Middle
East.
922

7
#
' 2($,
! *
!"
Launch of secret US space ship masks even more secret launch of new
weapon
The Militarization of Outer Space: The Pentagon¶s ³Space Warriors´

Global Research | It¶s not as if things aren¶t bad enough right here on
planet earth. Now the Defense Department wants to up the stakes with new,
destabilizing weapons systems that will transform low- and high-earth orbit
into another ³battlespace.´
buzz aldrin wants to colonize Mars « Riiiiight buzzed! Better check with
DePalma to see if he already has the footage in the can since you won¶t be
able to use the moon footage for the new boondoggle video ...
OBAMA SPEECH OUTLINES PLANS FOR RETURNING DEFACTO

BANKRUPT U.S. TO SPACE ± OOOOOH! SOUNDS LIKE A PLAN « FOR
INNER SPACE (IMAGINATION).
NASA's New Asteroid Mission Could Save the Planet Space.com - Tariq
Malik - CAPE CANAVERAL, Fla. - President Barack Obama set a lofty next
goal this week for Americans in space: Visiting an asteroid by 2025.
Obama's asteroid goal: tougher, riskier than moon The Associated Press
Obama calls for NASA to focus on trips to Mars and beyond
Computerworld
New Boondoggle promised to save NASA boondoggle defacto bankrupt

budget piece of pie. And don¶t forget, Bruce Willis and Ben Affleck, et als,
have already done this so it¶s not as if they¶re starting from µground zero¶,
so to speak; and Brian DePalma already has µMission to Mars¶ in the can,
but beware say the producers of µSpecies II¶ since Eve, the cloned daughter
of Sill, might want to mate with astronaut Paddy Ross who has returned
from Mars as a space alien host body.
First fake moonwalker blasts Obama's space plan msnbc.com - Bill

Ingalls - The first man to pretend to walk on the moon blasted President
Barack Obama's decision to cancel NASA's back-to-the-moon program on
Tuesday, saying that not going with the new movie is ³devastating´ to
america's boondoggle spaced out effort. Fake dutch 'moon rock' revealed a
treasured piece at the dutch national museum - a supposed moon rock
from the first manned lunar landing - is nothing more than petrified wood,
...bbc news bbc news | europe | fake dutch 'moon rock' revealed prized
moon rock a fake - a piece of moon rock given to an overseas politician by
the united states is actually a lump of petrified wood, museum authorities
revealed yesterday. ... 'Moon rock' in dutch museum is just petrified wood
aug 27, 2009 ... Fake moon rock at dutch national museum. Rijksmuseum /
ap. This rock, supposedly brought back from the moon by american
astronauts, ... http://www.albertpeia.com/moonfraud.htm
In reality it is just a piece of petrified wood ... Another piece of evidence
that shows again that apollo program is indeed a fake and a typical
american fraud!
http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv
Editorial: US in quagmire Seeing the warm welcome extended to the

Afghan president on his US trip, it is hard to believe that only weeks ago
Washington was seething with anger and frustration at Hamid Karzai¶s
behavior and there were even dark mutterings by US officials that he might
be mad.
War in Afghanistan and Iraq costs America $1trillion From the Old | On May
30th at 10:06 the United States reached the point where they have spent
$1trillion on the wars in Afghanistan and Iraq. Sinking of the Cheonan:
A Classic False Flag Operation Russia Today | Sinking of the warship was
really intended to convince Japan not to move US forces off Okinawa as
well as divert the attention of Americans from the dire economic situation
at home. . Israel: IDF Troops Who Murdered Unarmed Innocent People
Are µBrave Heroes¶ The government of israel, aided by many quarters of
the international media, is attempting to spin today¶s deadly IDF assault on
a humanitarian aid ship carrying supplies to Gaza as the fault of the
murdered activists on board the vessel, ludicrously characterizing
machine-gun carrying Israeli troops who killed over a dozen innocent
people as the victims of the incident.
Israeli American Microbiologist Linked to Deadly Fungus Kurt Nimmo | A

report links labs in the United States and Israel to the Cryptococcus gatti
fungus that has killed several people in the United States.
Iraqi doctors demand cancer probe Al Jazeera | Iraqi doctors believe

depleted uranium from US military equipment used in the 2003 invasion is
spreading cancer through the population. [This is all too true and real; and
I¶m surprised this hasn¶t gotten more attention, coverage « well, maybe
not that surprised ].
"$

9
!
;
'h
5 1
*
," Paabo « With regard to that extinction thing, I¶d say they¶re
still working on it (ultimately, decades, extinction, the distinction, without a
difference). Actually, prior to studying the compelling subject of Biological
Anthropology (Michael Park text), I too had some misconceptions about the
group known as Neandertals (recent spelling drops the µh¶) and actually
mis-referenced same by the stereotypical image of members of said clade
even as the debate continues as to whether they are within the species
homo sapiens or a separate species. I believe these to be distinctions
without important differences, so humble the origins and evolution of man
truly are. Parenthetically, I wonder what that anthropological scientist Heidi
Klum thinks on the subject.
Neanderthals, Humans Interbred, DNA Proves

9
! ":
see here http://www.albertpeia.com/anthroindex1.htm
Previously I wrote:
FOUND: MISSING LINK BETWEEN APES AND MAN.... These stories, and
the many like it, are old news and I subscribe to the more studied view that
there is no ³missing link´ per se and in my view they are distinctions
without significant differences. I previously wrote:
To Learn More About From Whence Man Came, This Link's For You
[To the Professor at the beginning of the course]
10-5-09 Postscript: Professor *****,

I felt compelled to thank you again for the add; not to curry your favor but
indeed to express profound thanks inasmuch as this is probably the last
formal course at a formal educational institution I'll ever take; and among
the most important. While I had bought at discount a library-discarded 1993
Anthropology by Embers text, though meaning to read same never quite
got to it. I am astounded by the substantial amount of time involved in the
evolutionary process, not that I ever stopped to think about it, and one
must come away with the sense of 'and all that...for this?'. This course
should be required curriculum along with psychology, sociology, etc., but
probably won't be owing to what is, as it should be, a very humbling
educational experience for any member of the human race.
Regards,
Al Peia
[Interestingly, my intuitive (but unstudied) thoughts prior to closer


[Abolish the corrupt, costly, economically wasteful lifetime extravagantly
appointed federal courts - see RICO case [
ofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]
Don¶t Tread On Me: A Refresher Course on the Constitution
Sen. Levin urges State Department to put Afghan Taliban on list of terror
groups (Washington Post) Oooooh! « Sounds like a plan « and emanating
from washington (and a thriving Michigan jew no less) « who says they
don¶t do anything? « And, consistent with that apocalyptic vision set forth
in the Bible [albeit a book of truth from a very limited perspective (for which
literal interpretations are misleading); after all, the Wise Men thought it was
a movable star that was guiding them and shone the bright µspotlight¶ upon
the manger with the Christ]; the jews and some other entity against the rest
of the world for that final Armageddon « oh, they¶ll make that happen « it
gets them through their day with every step closer to apocalypse but not to
the place called heaven will they go. The end of this world? You might say
america / israel / and theirs are feverishly working on just that, one way or
another!
Roman Polanski freed after Swiss reject U.S. extradition request

(Washington Post, July 13, 2010) Without diminishing in any way the
seriousness of the crime, this result is the direct consequence of the
growing global recognition of the pervasiveness of corruption in american
courts, state and federal, and america generally; so much so, that said
corrupt american courts cannot be relied on anywhere, anytime. Indeed, my
own sampling, though hardly random to be candid, is 5 for 5 (new jersey,
new york, connecticut, virginia, california) pervasively and egregiously
corrupt to the point where these costly, corrupt bureaucracies should be
abolished and supplanted with alternatives as I¶ve previously set forth in
these comments.
BUDGET CRISIS PUTS LOS ANGELES COURT SYSTEM AT RISK ... [ !#

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EXPERIENCE . (PREVIOUSLY ARCHIVED) HOWEVER, THIS LATEST
"CALIFORNIA/LA DISTRACTION" REQUIRES ELUCIDATION AS FOLLOWS:
· Response to App. Div. OSC
· STATE OF CALIFORNIA ethics complaint
· Response to Sup.Ct. OSC
· designation of record on appeal
· The so-called "order" appealed from.

How embarrassing for the superior court of the state of california!
· Typical corrupt banana republic america/california court
Dirty money digitally laundered « a wall street, atlantic city, and american
story « a very bad one and [also see RICO case
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenalt
yofperjury.pdf
Fraud: It¶s Much Bigger Than Goldman Sachs Regulatory reform debate
obscures key fact: Everybody¶s getting money bribes from Wall Street

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No shame, just blame (Washington Post) Come on! This is america today.
Look at wobama « lied his way in and no shame « typical « criticism just
like water off a duck¶s back. I think he¶s content to be a failed president just
so he can do as he does best on the speaking tours as a retiree from the
office « b*** s***! They¶re all the same. Legislated raises for themselves in
congress as the nation was bleeding jobs, legislated NAFTA and gave huge
wall street frauds money and still no pros, but that¶s where the campaign
funds are. No guts! Pervasively corrupt and meaningfully lawless,
america¶s done! And america¶s defacto bankrupt in every way.
Executive compensation 'ill-advised,' pay czar says (Washington Post) But,

as with prosecutions thus far, does nothing. The american companies have
failed, but their compensation check writing has not.
RACE BIAS AT JUSTICE... Justice official quit over the handling of a
voter intimidation case against the New Black Panther Party accused his
former employer of instructing attorneys in the civil rights division to
ignore cases that involve black defendants and white victims Cases
Obama broke promises ):


How much is $1.4 trillion? | Doing the math (Washington Post) Math? How
plebian a task on capital hill. I think the lack thereof is as much a lack of
aptitude / intelligence as it is a lack of will. And, this is a bi-partisan foible.
According to the Debt Clock (approx. two months ago):
Total national debt: $13 trillion (near 13.3 now)

Debt per citizen: $42,026
Debt per taxpayer: $117,982
Total interest due: $1.9 trillion
Interest per citizen: $2,211
Click here to see the Debt Clock, which is updated every second.
Total personal debt: $16.5 trillion

Total mortgage debt: $14.1 trillion
Total consumer debt: $2.45 trillion
Personal debt per citizen: $53,483
Debt held by foreign countries: $4.07 trillion
http://www.usdebtclock.org Get Real Time U.S. Debt Data
Big banks pass stress tests (Washington Post) They¶ve swallowed the
american paradigm of fraud and b*** s***, hook, line, and sinker and sink
they will as yet another reason is manifest in the µdeath of the west¶ (as
coined by Buchanan), displaced by emerging economies, asia, most
notably China, etc., where they tend not to lie to either themselves or
others. No wonder the failed µnation states of the west¶ are joined at the hip
in such ill-fated ventures as illegal wars, past and present, among many
other strategic blunders.
Deficit to exceed $1.4 trillion in 2010 and 2011 (Washington Post) Sounds
like a plan! « However, unlike other american plans, this is one that they¶re
sure to accomplish!


Jobless claims jump higher than expected (Washington Post) Sounds like
a reason for a feel good rally on fraudulent wall street, however ephemeral.

instead of 2010.
latest.
2010 and 2012
They ensured financial regulation overhaul (Washington Post) What

overhaul? New bureaucracy, more power to the fed and corrupt
incompetents as tiny tim geithner (that $4 trillion¶s still missing from the ny
fed), no recession helicopter ben bernanke, perps scot free and keep their
loot, etc.. Real reform requires that the wall street frauds et als be
criminally prosecuted, jailed, fined, and disgorgement imposed.
Existing-home sales drop for second month (Washington Post) Bad
economic news « what better reason for a typically fraudulent suckers¶
bear market, short-covering rally for the high-frequency computerized
churn-and-earn wall street frauds to commission and ultimately sell into.


Worth it? Three U.S. Embassy guards killed in rocket attack in Baghdad's
Green Zone (Washington Post) Big yes here since µThe Green Zone¶ got
Hollywood movie status. 2 More Americans killed in copter crash in
Afghanistan (AP) Not so much, unless they rename Tony Montana, To Mon
el Swahili and recut µScarface¶ to reflect an Aghanistan Heroin connection,
or similarly change µHurt Locker¶. It¶s a good thing for the military that IQ
tests aren¶t required.
netanayahu admits on video he deceived US to destroy Oslo accord The

contents of a secretly recorded video threaten to gravely embarrass not
only Benjamin netanayahu, the Israeli prime minister but also the US
administration of Barack Obama.


nightstick«¶
Zahedan.

The U.S. Economy Is A Dead Horse And The American People Are Starting
To Get Really Angry And Frustrated The economic frustration of the
american people is reaching a fever pitch. Millions of americans can¶t seem
to get a good job no matter what they do.
Three of every four oil and gas lobbyists worked for federal government
(Washington Post) This is an important article but in no way should be
limited to the oil and gas industries even if disproportionate to the upside,
even as wall street has actually begun occupying capital hill in a manner of
speaking. The revolving-door standards and the functions of µtoll-bridge to
taxpayer dollars¶ must end. After all, you see, the nation is defacto
bankrupt! µThree out of every four lobbyists who represent oil and gas
companies previously worked in the federal government, a proportion that
far exceeds the usual revolving-door standards on Capitol Hill, a
Washington Post analysis shows¶
Good credit isn't what it was (Washington Post) Gee! I thought this article
was about america, pre-defacto bankruptcy compared with now.
Leading Chinese Economists Urge Government To Dump U.S. Treasuries,

Buy Gold Prominent economists in China are calling for their government
to ditch vast holdings of U.S. Treasuries in favour of tangible assets such
as gold, a move that would have a far reaching impact on the economy.
Bernanke: Fed ready to step in if economy falters (Washington Post) Step

in with what? Another two step (backwards)? They¶ve µshot their wad¶.
Moreover, they can¶t print the ever more worthless Weimar dollars any
faster.
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positive side, however, at least a semblance of reality is extant as opposed
to stroking the frauds on wall street to facilitate their churn-and-earn high
frequency trade scams (those lofty fraudulent peaks provide room to trade
in and are great to sell into). Bernanke 'uncertain' about economy's
outlook The Federal Reserve chairman says the outlook for the economy
is ³unusually uncertain´ and that the central...

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Ben Bernanke's dour assessment of the U.S. recovery hit stocks on
Wednesday, as his comment that the economy faced "unusually uncertain"
prospects rattled investors.
U.S. financial reform bill also targets 'conflict minerals' (Washington Post)
The bill doth try to do too much, methinks. After all, look at Sub-Saharan
Africa generally « µmission impossible¶ « and, with huge crime rates in
the µ states, I¶d say µlook homeward, hell¶s angels¶. Then there¶s the law of
parsimony sometimes referred to as µOckham¶s razor¶ which as a logical
approach generally says µkeep it simple¶, only what¶s necessary. Then, as
well, there¶s the defacto bankruptcy thing for america which will preclude
meeting domestic promises, necessaries, and expectations. That¶s reality
along with the fact that: µThis is a global depression. This is a secular bear
street churn and earn pass the hot potato scam / fraud as in prior crashes.¶
Being a µmeat and potatoes¶ kind of guy, I also feel that all will be served if
the frauds on wall street et als are criminally prosecuted, jailed, fined, and
Job growth slows in Washington region (Washington Post) Wow! Sounds

like a plan « a great plan, even « so long as the slowing¶s on capital hill /
D.C. . And, that¶s if you believe their fake numbers. I¶ don¶t! Real Jobs, Fake
Jobs In many ways, the unemployment numbers are much worse than they
appear. One factor has been the timing of the US census.
Home building down 5 percent in June (Washington Post) Lunatic frauds

on wall street say, µwell, it could have been a 20% decline and they¶ll take it
(not really)¶
A new front in racism battle (Washington Post) Truth be told, I¶ve found that
all peoples are prejudiced / biased. Probably an adaptive evolutionary relic
that defies intellectual scrutiny, I¶ve also found that those peoples who
claim to be victimized the most are themselves the worst offenders despite
their flaming rhetoric (there are numerous other and even better examples
but the following are news current):
a) UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE... CIVIL

RIGHTS PANEL TO PURSUE FED PROBE IN BLACK PANTHER CASE... ex-
Justice official quit over the handling of a voter intimidation case against
the New Black Panther Party accused his former employer of instructing
attorneys in the civil rights division to ignore cases that involve black
defendants and white victims
b) Latino KKK: You are too white to be American! ALIPAC | Tan Klan
woman can scream racist comments because the Obama administration
and most of the major news networks in America have her back.
c) DRUDGE: Arab guilty of rape after consensual sex with Jew... µAn Israeli
man of Arab origin has been convicted of rape after having consensual sex
with a woman who had believed him to be a fellow Jew.
DRUDGEREPORT: Arab guilty of rape after consensual sex with Jew... µAn
Israeli man of Arab origin has been convicted of rape after having
consensual sex with a woman who had believed him to be a fellow Jew.
Sabbar Kashur, 30, was sentenced to 18 months in prison on Monday after
the court ruled that he was guilty of rape by deception. According to the
complaint filed by the woman with the Jerusalem district court, the two met
in downtown Jerusalem in September 2008 where Kashur, an Arab from
East Jerusalem, introduced himself as a Jewish bachelor seeking a serious
relationship. The two then had consensual sex in a nearby building before
Kashur left. When she later found out that he was not Jewish but an Arab,
she filed a criminal complaint for rape and indecent assault «¶
Mideast Digest h

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The yardarm is the remedy Dozens of our friends and comrades, of

wonderful compassionate activists are dead and wounded in the pirate
attack in the high seas on humanitarian aid boats. This is a dreadful crime
that will forever be remembered and should be punished. The Israeli pirates
attacked the humanitarian aid Freedom Flotilla in the international waters
over 150 km out of their territorial waters. The boats carried no arms; the
participants strictly adhered to Ghandian mode by asking the Greek and
Cyprus authorities to search the boats to avoid later claims that they were
armed.
A Plague Upon The World: The USA is a ³Failed State´ Dr. Paul Craig
Roberts | The American people are lost in la-la land. They have no idea that
their civil liberties have been forfeited. US citizen killed on flotilla
reportedly shot four times in head Raw Story | A forensic report said
Furkan Dogan was shot at close range, with four bullets in his head and
one in his chest, according to the Anatolian news agency. The explanation
foisted off on the americans by war criminal israelis is probably something
on the order of µthey just wanted to make sure they missed him¶.
Roberts: µAIPAC purchases US elections¶ Russia Today | Paul Craig
Roberts says that there will be nothing that is going to be done by the
United States to change the relationship with Israel.
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OOOOH! ISRAEL NOW IN FAVOR OF NUKES IN THE MIDDLE EAST IN

SUDDEN SHIFT IN POLICY TO FAVOR IRAN IN A VERY BIG WAY! ISRAEL
SEES THE LIGHT AND SIDES WITH IRAN ON NUCLEAR ISSUE;
ESSENTIALLY SAYS TO THE WORLD AND IRAN µTO PRESS ON WITH
NUCLEAR AMBITIONS¶.

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war, conflict, new war, etc., to spend it on.
jailed, fined, and disgorgement imposed. (Cases against Wall Street lag
despite Holder¶s vows to target financial fraud Obama broke promises ):

µThe Obama Deception¶ Censored µIn light of this development, I provide

an archived site version which appears to be complete

Web Site Archived FLV Version of Esoteric Agenda

http://albertpeia.com/esotericagenda.flv

ofperjury.pdf
attorney.
Posted by: mnjam
-----------------------



----------------------------



nation don¶t have.
The israeli Spin-Machine in Overdrive: dershowitz to the Rescue? Armed

Israeli commandos, the elite of the elites, rappelled to the deck of a Turkish
ship carrying humanitarian relief supplies to the 1.5 million prisoners in the
Gaza concentration camp.
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Billo Says:
June 11th, 2010 at 6:15 am
controlling us?
Glen Reply:
June 11th, 2010 at 6:47 am
Lunacy it would be.
threats.

Russia accuses U.S. of kidnapping pilot (Washington Post) The lesson to

be learned here is don¶t mess with american drug trade « they¶ll **** you
up! That¶s their drug money he¶s takin¶« riiiiight! « World Digest: China
Oil Spill; U.S. aid boat wants to sail to Gaza as 'The Audacity of Hope'
Rendition: Where the War on Terror Meets the War on Drugs Henningsen |
It¶s time to ditch the policies we have come to tolerate for decades before
they consume what is left of our moral core. I¶ve experienced the corrupt
inter-relationship of the government (all 3 corrupt branches) and the illegal
drug trade / obstruction of justice / bribery first hand, particularly the
courts / u.s. attorneys offices (ie., alito ± now u.s. supreme court justice ±
quid pro quo for his complicity / cover-up), feds; see immediately after
article excerpt for links / summary.

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· Response to App. Div. OSC

· STATE OF CALIFORNIA ethics complaint
· Response to Sup.Ct. OSC
· designation of record on appeal
· The so-called "order" appealed from.

How embarrassing for the superior court of the state of california!
· Typical corrupt banana republic america/california court
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U.N. official calls Ban's leadership 'deplorable' (Washington Post) As long
as she¶s looking in the mirror as she speaks « we¶ll buy it! After all,
they¶ve all but ignored illegal israeli nukes, israeli violations of international
law / u.n. resolutions, etc., even as they bully Iran. Collectively, the u.s. has
indeed become a joke.
Mideast DIGEST (Washington Post, July 19, 2010) netanayahu admits on

video he deceived US to destroy Oslo accord The contents of a secretly
recorded video threaten to gravely embarrass not only Benjamin
netanayahu, the Israeli prime minister but also the US administration of
Barack Obama.
A lost fight to keep selling Chryslers (Washington Post) I realize it¶s easy
to say after the fact, with hindsight, that I was always at a loss to
understand this very issue and such lack of understanding of the dealer /
manufacturer inter-relationships left me speechless; however, the same
always seemed counter-intuitive. Truth be told, however, I µm a big fan of
Cal Worthington here in California based solely (and uniquely for me) on
his television commercials in which the big cats figure prominently in
actual footage of him with them, along with him riding bulls, killer whales,
etc., and having very competitive advertised prices (He¶s primarily Ford but
sells them all).
The week ahead in business (Washington Post) Big week indeed for µno-
recession-helicopter-ben¶ bernanke, the captain of that unsinkable
american economic Titanic who like the senile incompetent predecessor
alan green_spun quite a few contra-indicated yarns himself!
Market Going Down With the Ship? Montgomery: µThis morning the Baltic
Dry Index, a measure of freight rates for international shipping, was at
1700. It hasn't been at this level since April 2009, only four months after its
Credit Crisis low and only one month after the stock market was at its
bottom. Bloomberg News noted a week ago that the index had dropped
continuously for the longest period in nine years. Yes, the current drop in
the preceding seven weeks (from a high of 4209 in late May) has been
bigger than anything seen during the Credit Crisis. The last drop of this
magnitude was in August 2001 in the middle of that year's recession. Lack
of shipping activity from China, the engine for global economic activity,
was cited as the main cause for the falling index. Charter rates for all types
of ships tracked in the index are falling. Prices for dry bulk shipping, which
doesn't include energy commodities, tend to be very sensitive to economic
activity. A sharp drop in rates indicates a significant drop in global trade.
Based on historical charts it looks like the Baltic Index can lead, be
coincident or lag movements in economic data and the stock market. The
index seems to be most closely correlated with prices of industrial
commodities and the industrial sector of the global economy. While this is
not the largest component of the U.S. economy (the service sector is four
times larger), it is the key sector in developing economies. It was
manufacturing though that had the biggest rebound in the U.S. since last
year. The service sector has remained lackluster. The stock market will
likely be following the Baltic Index down, although perhaps not with such a
precipitous decline. The Index has dropped almost 60% since late May.
With the exception of the small cap Russell 2000, none of the major stock
indices have had even a 20% drop - at least not yet. Disclosure: No
positions.¶
The Obama Deception Number 1 on U.S. Google Trends

µThe Obama Deception¶ Censored A viral You Tube upload of one of Alex
Jones¶ most popular feature films µThe Obama Deception¶ has been
censored following a spur of the moment campaign to elevate the movie¶s
title to the top of the major internet search engines.
In light of this development, I provide an archived site version which

appears to be complete (but will be compared with earlier version and
replaced with same if incomplete)
Censorship Alert: Obama Deception Illegally Removed from You Tube
Drudgereport: IRELAND DOWNGRADED
Road Warrior-level collapse imminent: Alex Jones says we must take
corrective action now Move towards global currency as U.S. loses status,
faces depression and sees dangerous cuts to services as economic
instability sets in.
Week's gains erased; stocks drop as pessimism grips investors

(Washington Post) Reality, Really, Realistically does bite!
µThis is a global depression. This is a secular bear market in a global

and earn pass the hot potato scam / fraud as in prior crashes.¶
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reality beyond the b*** s***, to come.
Bank stress tests to shed light on Europe's economic health: Process

examines whether banks can take another punch to gut (Washington Post)
The µbad paper¶ is still out there in the many trillions and in criminally
complicit fashion now marked to anything; and, they got their share of the
same and followed the American paridigm concerning same, to their
substantial detriment.
CNBC Host Accuses Guest Of Just Trying To Scare The Crap Out Of
Everyone CNBC¶s Simon Hobbs fought it out with Michael Pento today
about the reality of the current economic situation in the U.S.
Real Jobs, Fake Jobs In many ways, the unemployment numbers are much
worse than they appear. One factor has been the timing of the US census.
Charles Nenner: ³Long-Term Investors Should Wait Until Dow Hits 5,000Ǝ
Charles Nenner, who prior to founding the Charles Nenner Research
Institute served as a technical analyst for Goldman for about 10 years, has
been looking at charts and not seeing much to write home about.
Martin Feldstein: Bilderberg¶s promoter of equity on adjustable-rate

mortgages and the Subprime Mortgage Crisis Make it Eight, eh? | In late
2007, as the housing crisis was hitting a peak, would Martin Feldstein be
gearing up to suggest further reductions in interest rates to promote
consumption?
Fed sends the dollar tumbling Ambrose Evans-Pritchard | The Fed

confessed that the US economy may not recover for five or six years.
A slap on the wrist for Goldman Sachs Aljazeera.net | The ³great vampire
squid wrapped around the face of humanity´ agreed to pay $550 million to
settle fraud charges.
22 Statistics That Prove The Middle Class Is Being Systematically Wiped

Out Of Existence In America The 22 statistics that you are about to read
prove beyond a shadow of a doubt that the middle class is being
systematically wiped out of existence in America.
Congress Passes Bankster Consolidation Bill Kurt Nimmo | Financial

reform is a three-card Monte scam, a confidence game, a sleight of hand.
After Goldman, SEC eyes exotic financial products Video (Washington

Post) SEC¶s Khuzami Says µGoldman¶s Suit Should Send Message¶:
http://www.washingtonpost.com/wp-
dyn/content/video/2010/07/16/VI2010071602828.html
I disagree! Indeed, there have been and are a plethora of laws and ad hoc
prosecutions; but, particularly for the µrisk seeker¶ criminally insane
mentality on wall street, the same is far from a deterrent as seen from
historical perspective / fact and might even perversely provide for them an
incentive. The amount is relatively meager, but so long as this settlement is
as supposedly indicated to former SEC head by Khuzami narrowly drawn
and in no ways protective of goldman with regard to the yet unresolved
massive frauds in the many trillions, the SEC should be given the benefit of
the doubt. However, µturning its attention to exotic financial products that
MIGHT be used to harm investors¶ is troubling to say the least. Might? Who
are they kidding. The µbad paper¶ is still out there in the many trillions and
in criminally complicit fashion now marked to anything. I further believe
these products of fraud and consequent damage are being surreptitiously
being, with corrupt fed help, supplanted with real, albeit fiat, currency
ultimately to citizens / taxpayers / nations detriment. As things currently
stand, particularly from the numbers, fraud by wall street does pay; and
pays well! Khuzami, a 29-year-old former in :!
Sachs
Group Inc.'s business intelligence unit, had better produce or appropriately
find himself prosecuted for conflict, collusion, etc.. After all, he¶s hardly
one to be considered unbiased. The frauds on wall street et als must be
criminally prosecuted, jailed, fined, and disgorgement imposed. I truly
believe that absent such prosecution, there will be revolution in this
country. In other words, their µjig is up¶ and they must go down for what
they did / do.
Obama-Dodd-Frank FinReg Monstrosity Delays Derivatives Curbs until

2022!
Wall Street Is Laundering Drug Money And Getting Away With It
They still know how to count. When you defraud for many billions, paying
$550 million is chump change. :!
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Goldman Sachs beats the SEC± µCan Goldman Sachs
Group Inc. wheel and deal or what? The bank and brokerage's settlement
with the Securities and Exchange Commission on Thursday over the ill-
fated Abacus deal may be its best trade ever. At $550 million, it's not
terribly expensive. (GS 152.19, +6.97, +4.80%) hasn't agreed to restrict its
practices in any meaningful way. And poof! The firm can go back to work
with its biggest liability paid. Investors are ecstatic, Goldman shares
rocketed 5.5% in after-hours trading. No wonder Goldman called it "the
right outcome for our firm shareholders and clients." See full story on the
SEC settlement. For the regulators, the settlement is more than just
anticlimactic. Having bet all of its chips on reversing embarrassing
episodes such as the Bernie Madoff fiasco in an aggressive case against
Wall Street, the SEC whiffed. Sure, the settlement is the biggest in the
agency's history. Yes, the SEC was able to squeeze Goldman on the
settlement language and admit it was a "mistake" not to have disclosed
Paulson & Co.'s role in picking the ill-fated securities. But come on.
Goldman's net income last year was $12.1 billion. It could be even higher
this year, given the robust first quarter Goldman already has had. The
settlement amounts to less than 5% of profits. Maybe Goldman Sachs will
even be able to write it off «¶
Zahedan.
Concern over smashing into the 'wall of debt' (Washington Post) Oh,
they¶ve hit the wall alright; and, it¶s not just debt.
I believe the printing presses have been working overtime to pump out ever
more worthless fiat currency and with the many trillions of worthless
fraudulent paper still out there and marked to anything. I further believe the
same is being surreptitiously used to supplant the fraudulent paper, the
consequences of which will be devastating, of course, as is invariably so in
depressions in any event. This scenario would also mean huge fraud
accomplis. This market is paper on paper moving around and generating
commissions at lightning computerized speed but adding no real value in
real economic terms; again, the analogy of termites eating away at the
(nation¶s) foundation is apposite. As such, that money has to come from
some real place and hence, the ever more frequent and larger crashes we
are seeing. Don¶t forget that the worthless paper from previous such
fraudulent schemes now marked to anything is still out there in a
magnitude some have placed in the hundreds of trillions.

## 7 "

and insiders commission and sell into.¶

instead of 2010.
latest.
2010 and 2012
Economists worry women, minority business owners' gains will be lost

(Washington Post) Little bit late for µeconomists worry¶; talk about senile
greenspan / no-recession bernanke economics / prognosticating. Does
anybody recall the merciless drubbing (and pressure) that Ross Perot got
for predicting the ill effects of NAFTA and standing against the tide. In
america today, the best men never win; that¶s reality, and also the sign of
decline.
Exports are up, but where are the jobs? (Washington Post) Gone with the
wind? Sorry, I must have been thinking of million dollar movies. Seriously
though, I dare say everyone knows they were gone with that µbi-partisan
executive / congressional, think-tank, cia / nsa ill wind¶ that others might
refer to as flatulence / passing gas, also called NAFTA, and also proudly
hailed by the foregoing as µstrategy¶. They¶re gone, and never to return.
Moreover, the flipside of the exports, viz., imports, doesn¶t bode well
despite the fraudulent wall street b*** s*** and their chorus of cheerleaders
in washington. Some might say self-delusion but I would say fraud covers
all.
Companies pile up cash but still won't add jobs (Washington Post) Unlike
the public sector (which now exceeds private sector in job gains and
average compensation), the private sector attempts to mesh hiring with
economic supply / demand factors to maximize (shareholder) profits /
wealth. Whatever faults american companies have, with relatively few
exceptions, this still remains a very basic fundamental and building
surplus (generating profits) is a necessary precept to ensure survival and
the capacity to be a good µcitizen¶ so to speak. Then there¶s reality:
Retail sales down for 2nd consecutive month (Washington Post) Another
µCome on¶ day on fraudulent wall street! This time it¶s the unexpected
downward revision to previous market-frothing retail sales report and poor
retail sales and plunge in mortgage applications and then there¶s the fed
minutes pointing to extended bad economy. See Dave Fry¶s (Daily)
summary below referencing in euphemistic fashion, yet another ongoing
manipulation also known as fraud. (Absent prosecutions, they¶ll continue
to do what comes natural to frauds on wall street). Great opportunity to sell
/ take profits since much worse, also called reality beyond the b*** s***, to
come. Then there¶s also the bad but typical news; viz., retail sales,
mortgage apps, economic outlook down, and yesterday deficits, trade and
budget, up.
NATION NEWS DIGEST: J.P. Morgan Chase posts $4.8 billion profit
(Washington Post) Yet another µCome on¶ day on fraudulent wall street!
This time it¶s the unexpected jump in continuing claims for unemployment,
yesterday the downward revision to previous market-frothing retail sales
report and poor retail sales and plunge in mortgage applications and then
there¶s the fed minutes pointing to extended bad economy. Then there¶s
also now the µgoldfinger factor¶ as in goldman¶s middle finger. When you
defraud for many billions, paying $550 million is chump change. Goldman
shares rocketed 5.5% in after-hours trading. No wonder Goldman called it
"the right outcome for our firm shareholders and clients." (Absent
prosecutions, they¶ll continue to do what comes natural to frauds on wall
street). Great opportunity to sell / take profits since much worse, also
called reality beyond the b*** s***, to come. Then there¶s also the bad but
typical news; viz., previous retail sales, mortgage apps, economic outlook
down, and continuing claims for unemployment, deficits, trade / budget,
up. (Just in: 7-16-10 Poll ± only 43% of Americans approve of the
Afganistan War, down from 52% in January, 2010)
Pearlstein: Can regulation beget innovation? (Washington Post) I believe

the more seminal question to be, whether american companies, consistent
with overall american decline and corruption in so pervasive a fashion, are
capable of or inclined toward real innovation where enhancements to
productivity, as well as greater profits, is the consequence as desired.
Certainly there has been µinnovation¶ by the wall street frauds in the types
of (ultimately worthless / fraudulent) paper and high frequency trade
programs enhancing their bottom-lines but little else; and, those cutting
edge µweapons of mass destruction¶ produced or financed (israel) by
america are hardly productive in the economic sense but innovative and
profitable in the short run, and unwise and nation-bankrupting in the longer
run which we¶re in right now!
Goldman agrees to pay $550M (Washington Post) My own skepticism

based on the disparate numbers (the size of the frauds compared to the
relatively small fine) and as set forth in the initial reactions / headlines that
immediately follow has been allayed somewhat by an interview on NBR
with former SEC head Ruder who explained the very narrow scope of the
settlement which in no way shelters goldman from the huge frauds they
have perpetrated. So long as this is true in fact as well as law and in
application, the SEC deserves praise as has been so under the auspices of
µMother Mary¶ who appears to have the gonads lacking in prior SEC heads.
The frauds on wall street et als should be criminally prosecuted, jailed,
Ex-Justice official: CIA may have exceeded limits (Washington Post) Wee
doggies! This sounds like the stuff that SNL Weekend Update µReally¶ skits
are made of; also fitting into that list of queries as, µIs the Pope Catholic?¶,
µDo bears **** in the woods?¶, etc.. Come on! Wake up! This is the kind of
complicit cover-up / corruption found betwixt and between all three
branches of the u.s. government leading ineluctably to america¶s current
decline and to which I¶ve attested under penalty of perjury in the context of
the RICO litigation [
ofperjury.pdf


For now, spew of oil into Gulf of Mexico is halted (Washington Post) Well,
thank God for small favors! I suggest they change that name, µintegrity
test¶; that¶s doomed to end in failure. Yes, the brits are back. They¶ve
clogged the well, with help from the µusual suspects¶, the americans. What
precision! What teamwork! Victory at last « riiiiight!
What Does The Financial Reform Bill Do Other Than Being Completely And
Utterly Worthless? Is it possible to write a 2,300 page piece of legislation
that accomplishes next to nothing and is pretty much completely and
utterly worthless? The answer is yes.
U.S. Regulatory Bill Nears Passage With Republican Support The U.S.
Senate plans to pass the financial-regulation bill on July 15 as Democrats
secured the 60 votes needed to enact the biggest rewrite of Wall Street
rules since the Great Depression.
Bloomberg Poll Finds Americans No Longer Drinking Kool Aid, 71% See
Economy ³Mired In Recession´
Fed Sees Slower Growth Wall Street Journal | Updated forecast to be

released Wednesday afternoon with the minutes of the Fed¶s late-June
policy meeting is likely to show that officials have trimmed their second-
half forecasts.
Chinese rating agency strips Western nations of AAA status London

Telegraph
UK public sector debt µaround £2 trillion¶ London Telegraph | The UK¶s

public sector debt could be £1.13 trillion higher than headline figures
suggest, according to research.
Moody¶s Cuts Portugal Rating by Two Notches

24 multinationals move HQ to Shanghai CNTN | Vale, Walt Disney and Kraft

Foods have decided to move their regional headquarters to Shanghai.
House Democrats hit boiling point over perceived lack of White House
support
Public confidence in Obama reaches new low (Washington Post). Six in 10

Americans lack faith in Obama and hold lower esteem for members of
Congress, according to the latest Washington Post-ABC News poll. Such
stats as this tend to typify scenarios as this where you break every
significant campaign promise that got you elected, from endless war (ie.,
Afghanistan, etc.) to not prosecuting the frauds on wall street, and the
growing realization of µtypical¶: Public confidence in Obama reaches new
low (Washington Post) Six in 10 Americans lack faith in Obama and hold
lower esteem for members of Congress, according to the latest
Washington Post-ABC News poll. Such stats as this tend to typify
scenarios as this where you break every significant campaign promise that
got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting
the frauds on wall street, and the growing realization of µtypical¶:
But still it¶s µhands off fraudulent wall street¶ to theirs, the nation¶s, and the
world¶s detriment. Firms subpoenaed in attempt to regain Fannie, Freddie
losses (Washington Post). But there¶s a reason:
PROBE IN BLACK PANTHER CASE... µIn emotional and personal testimony,
an ex-Justice official who quit over the handling of a voter intimidation
case against the New Black Panther Party accused his former employer of
instructing attorneys in the civil rights division to ignore cases that involve
black defendants and white victims ...¶ US v. AZ... Cases against Wall
Street lag despite Holder¶s vows to target financial fraud Washington Post
| Obama has promised to hold Wall Street accountable for the meltdown. ):

FAB57B44063742&playnext_from=PL&index=0&playnext=1 ± well worth a
look.
While boner and barton are indeed jokes / vegetables that bespeak the
single-digit approval rate for congress, obama¶s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of
the nation and a watered down nothing financial regulation bill for talking
points but little substance, make him as big a joker. This well researched /
produced video tells the real story :
FAB57B44063742&playnext_from=PL&index=0&playnext=1 µTHE OBAMA
DECEPTION¶ ± well worth the view.

Pentagon warns Congress: Accounts running dry...(Drudgereport) Isn¶t this

headline eerily reminiscent of that seminal B film by Roger Corman for
Jack Nicholson, µLittle Shop of Horrors¶ (and remake) wherein a murderous
vegetable / plant clamors incessantly and insatiably, µfeed me¶. Eight U.S.
service members killed in series of attacks in southern Afghanistan
(Washington Post, July 15, 2010) . This ridiculous war apparently for the
sake of the american sponsored reinvigorated heroin trade was a bad idea
ab initio even if america wasn¶t defacto bankrupt.
Concern over smashing into the 'wall of debt' (Washington Post) Oh,
they¶ve hit the wall alright; and, it¶s not just debt.
I believe the printing presses have been working overtime to pump out ever
more worthless fiat currency and with the many trillions of worthless
fraudulent paper still out there and marked to anything. I further believe the
same is being surreptitiously used to supplant the fraudulent paper, the
consequences of which will be devastating, of course, as is invariably so in
depressions in any event. This scenario would also mean huge fraud
accomplis. This market is paper on paper moving around and generating
commissions at lightning computerized speed but adding no real value in
real economic terms; again, the analogy of termites eating away at the
(nation¶s) foundation is apposite. As such, that money has to come from
some real place and hence, the ever more frequent and larger crashes we
are seeing. Don¶t forget that the worthless paper from previous such
fraudulent schemes now marked to anything is still out there in a
magnitude some have placed in the hundreds of trillions.

## 7 "

and insiders commission and sell into.¶

instead of 2010.
latest.
2010 and 2012
Economists worry women, minority business owners' gains will be lost

(Washington Post) Little bit late for µeconomists worry¶; talk about senile
greenspan / no-recession bernanke economics / prognosticating. Does
anybody recall the merciless drubbing (and pressure) that Ross Perot got
for predicting the ill effects of NAFTA and standing against the tide. In
america today, the best men never win; that¶s reality, and also the sign of
decline.
Exports are up, but where are the jobs? (Washington Post) Gone with the
wind? Sorry, I must have been thinking of million dollar movies. Seriously
though, I dare say everyone knows they were gone with that µbi-partisan
executive / congressional, think-tank, cia / nsa ill wind¶ that others might
refer to as flatulence / passing gas, also called NAFTA, and also proudly
hailed by the foregoing as µstrategy¶. They¶re gone, and never to return.
Moreover, the flipside of the exports, viz., imports, doesn¶t bode well
despite the fraudulent wall street b*** s*** and their chorus of cheerleaders
in washington. Some might say self-delusion but I would say fraud covers
all.
Companies pile up cash but still won't add jobs (Washington Post) Unlike
the public sector (which now exceeds private sector in job gains and
average compensation), the private sector attempts to mesh hiring with
economic supply / demand factors to maximize (shareholder) profits /
wealth. Whatever faults american companies have, with relatively few
exceptions, this still remains a very basic fundamental and building
surplus (generating profits) is a necessary precept to ensure survival and
the capacity to be a good µcitizen¶ so to speak. Then there¶s reality:
Retail sales down for 2nd consecutive month (Washington Post) Another
µCome on¶ day on fraudulent wall street! This time it¶s the unexpected
downward revision to previous market-frothing retail sales report and poor
retail sales and plunge in mortgage applications and then there¶s the fed
minutes pointing to extended bad economy. See Dave Fry¶s (Daily)
summary below referencing in euphemistic fashion, yet another ongoing
manipulation also known as fraud. (Absent prosecutions, they¶ll continue
to do what comes natural to frauds on wall street). Great opportunity to sell
/ take profits since much worse, also called reality beyond the b*** s***, to
come. Then there¶s also the bad but typical news; viz., retail sales,
mortgage apps, economic outlook down, and yesterday deficits, trade and
budget, up.
Mideast Digest: Wow! Belfast, Northern Ireland; and in the Mideast Digest
Section, of all places. It¶s been a long time. While I have had some
difficulties with Irish mob in the context of litigation but only tangential to
my primary RICO action vis-à-vis the Italian mob (and similarly tangentially
the jewish mob and then primarily what I learned to be µgovernmental mob¶,
federal, state, local, derivative thereby and the sine quo non of corruption /
bribery / synergy that spells decline for any nation), it is difficult to not be
empathetic to the plight of an otherwise beautiful nation tainted only by the
orange stain in that northern quarter. After all, what hasn¶t england not
mucked up from balfour to the mideast to now even their own nation
having hitched a ride on the american / israeli crazy train. As a matter of
disclosure, I must admit to an affinity for the Irish and somewhat fairly
recently had been asked what I thought of Philadelphia to which without
hesitation I immediately replied that Grace Kelly (truly magnificent by any
standard) was born there. I could think of nothing else that could parallel
such a distinction.
$Fh8F$2h,F2E+,:&h9:9P,Gomes: µHaving been a
technical analyst for the first 10 years of my investing career and a
fundamental analyst for the past 15 years, I'm a believer that technical
patterns form as fundamentals unfold. As such, if you know something
about both, you can confirm both against each other. At this point in time, I
see a market that is technically reaching up toward its 200 day moving
average (2,250 for the NASDAQ). I also see a 50 day moving average that is
threatening to drop below that 200 day moving average. Technically, that is
usually a very bad sign for the market. «
1) Economic indicators are dropping fast. For all intents and purposes, the
unemployment rate has not budged. Meanwhile, store shelves are stocked
again, PCs have been upgraded, etc. In other words, the pent-up demand
that drove the current rebound has almost run its course. What little
remains no longer has the power to drive the economy as it has over the
past 18-months.
2) "Follow the money". This is one of the most powerfully simple rules on
Wall Street. When money is flowing into the economy (i.e. via lower interest
rates or stimulus $$$), it's usually good for stocks..and vice versa. At
present, interest rates can't go much lower and the numerous stimulus
programs are losing effectiveness. This means that the money is no longer
flowing in. Worse yet, the money that was spent is not generally viewed as
having been money well spent. This does not bode well for a new stimulus
package to come anytime soon. In other words, money is not flowing in
AND doesn't appear poised to flow in anytime soon. In fact, state and
municipal budgets are being cut (money flowing OUT), while they raise
local sales and income taxes (more money flowing out). if federal taxes go
up in 2011, as planned, even more money will be flowing out. If you follow
that, you should be flowing out of the stock market. In short, barring a new
stimulus package of other major money-flowing event, I believe the
economy slips back toward recession. Whether or not we double-dip, we
will almost certainty slip in that direction.
3) If you follow the money in Europe, you will run for the hills. Europe has
decided to spin 180-degrees and shift from stimulus to austerity (if you
don't know the definition, look it up -- you'll likely hear it again -- and not
just from me). Effectively the opposite of stimulus, austerity will pull money
away from the European economies...which tells us to pull money away
from stocks. Worse yet, the effect of the EU/IMF bailout is already wearing
off. Greek yields are rising again and Portuguese credit ratings have been
reduced.
4) Global bubbles are bursting. Most notably, home sales in China and
Canada are starting to fall. Remember what happened when the U.S.
housing market cracked? That's right -- that's what started this mess in the
first place.
5) Politically, this period in time has a tendency to be bad for stocks. There
is uncertainty around the mid-year elections...and the market hates
uncertainty. Historically, the political picture doesn't become clear until
October, at which point we might expect a rally. Until then, expect the
democrats to do everything they can to retain their jobs in November. That
means, "stop pissing off the public"...and the public seems pretty pissed
about how the stimulus $$$ worked out for them (or more accurately, how
it DIDN'T work out for them). Thus, the political pressure will lean against
further stimulus until after the elections.
The Bottom Line: I believe that the market will start to reflect these
concerns very soon. These are real fundamental concerns, which you can
see reflected in the technicals. As the market reaches the 50DMA and the
200DMA, it will be inclined to retreat (barring some new, hugely positive
news). Meanwhile, the 50DMA is 90%+ likely to cross below the 200DMA,
giving the market more reason to retrench. At some point, if the economy
sinks far enough and if the market drops far enough, political pressure for
more stimulus will mount. At that point, money will flow back into the
economy. But that time is not now. Now, money is flowing away like the
tide...and so should your invested capital. I'm not always right, but I do my
best, based on the information before me. Based on what I see right now,
the most logical conclusion is to expect a long, ugly summer for stocks. If I
see information that changes that view, I'll be sure to post an update to this
post. Disclosure: I have short positions against the market
NAACP Resolution Designed to Wreck Tea Party Movement by Playing

Race Card Kurt Nimmo | The Tea Party movement is more popular than
either the Democratic or Republican parties, so it must be destroyed.
Majority of Americans lack faith in Obama: poll Nearly 60 percent of

American voters say they lack faith in President Barack Obama, according
to a public opinion poll published on Tuesday.
Majority of Americans lack faith in Obama: poll Reuters | Nearly 60 percent

of American voters say they lack faith in President Barack Obama,
according to a public opinion poll published on Tuesday. Top anti-war
Democrat: Afghanistan war could µdestroy¶ Obama¶s presidency Raw Story
| An outspoken anti-war Democrat said ongoing US military efforts in
Afghanistan could deeply imperil the presidency of Barack Obama and the
fortunes of the Democratic Party. Obama¶s debt commission warns of
fiscal µcancer¶ Washington Post | The commission leaders said that, at
present, federal revenue is fully consumed by three programs: Social
Security, Medicare and Medicaid.
If not for the likes of ie., Dell Computer, most (ie., those die hard Mac,
Iphone, Ipad, etc., aficionados among others) would say microsoft¶s
already in the clouds, so to speak. Microsoft takes aim at the cloud
(Washington Post)
No help in sight for jobless (Washington Post) Well, from their perspective,
they really don¶t feel your pain, and, it gives the frauds on wall street
another b*** s***, market frothing, false talking point in the form of µfewer
continuing claims for unemployment¶. Then there¶s that µ depression thing¶.
The big crash ² America plunges into Depression Alexander Cockburn

and earn, pass the hot potato scam / fraud as in prior crashes.¶
Making millions from mowing lawns [Sounds like a plan « riiiiight!]

(Washington Post) Value Added | Entrepreneur's reinvestment and
diversification « By Thomas Heath For the less entrepreneurial at heart
there¶s always « flippin¶ burgers « Washington, D.C.: the nation's (burger)
capital? (Washington Post) | µThe Washington area has emerged as fertile
ground for ground chuck «¶ Survey: A satisfied federal workforce
(Washington Post) Indeed they should be since they¶re totally expendable
and a waste of taxpayer money.
E
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#9# *

(' h :
#
, 7( h &* µ« In a Ponzi scheme, the end comes when the
marginal investor decides to do something else with his money. Then the
house of cards stars falling apart. «¶
Mattis: 'It's fun to shoot people' Washington Post - Ed O'Keefe - Jul 9, 2010
By Ed O'Keefe President Obama's pick to lead military operations in
Afghanistan, Iraq, Pakistan and the Middle East is an experienced ground
combat commander, but also earned a stern rebuke in 2005 for
controversial comments about combat operations. Gen. James Mattis is
named head of US Central Command Los Angeles Times Blunt General
Appointed to Lead Forces in Mideast New York Times
DRUDGEREPORT: BOMBSHELL: Media Mogul Mort Zuckerman Admits He

Wrote One Of Obama's Speeches...
Were White House Officials Ready to Expose Collaboration?
® '
9"&7 , !
#$
h8F)),)))28+,&%h98E2h9,9h,%
6 troops killed in Afghanistan...
DEM GOVS WARN: OBAMA SUIT VS. AZ IS 'TOXIC'
Debt panel has gloomy outlook...
Crisis Awaits World¶s Banks as Trillions Come Due...
G20 looks to Beijing to drive global growth « They¶re dreamin¶! ...
They say µstocks oversold¶. Preposterous! Stocks have been overbought

based on bad news or nothing at all, rallying on µnot as bad as expected¶.
Even if that were true (I don¶t believe anything they say), who cares what
the criminally insane frauds on wall street say what they expect. It¶s
fundamentals, economic and financial, that ultimately count; but, in the
meantime, they¶re like termites eating away at the nation¶s foundation with
lightning fast computerized trade programs, all of which excessively huge
commission churn / earn revenues are a net negative for the economy in
real economic terms which is evidenced by unprecedented economic
decline in all productive sectors of the economy. This is a great
opportunity to SELL / TAKE PROFITS since this suckers rally to suck
suckers in and keep them sucked in is based on fraud and b*** s*** alone
and: µThis is a global depression. This is a secular bear market in a global
and earn pass the hot potato scam / fraud as in prior crashes.¶
,'
' h
!' ,## <#
@=In summary, the bearish
picture is confirmed by technical indicators, a fundamental outlook,
sentiment gauges, and valuations.Based on what the market considered
fair market valuations at prior historic market bottoms, one can conclude
how far stocks have to drop to reach the previously attained level of fair
valuations «¶
Simon Maierhofer: µOn Friday July 9, 2010, 4:32 pm EDT It rarely ever
happens, but when it does, it's serious. It has only happened nine times in
10 years. We are referring to crossovers between the 200-day and 50-day
simple moving averages (SMAs).Very few technical indicators receive as
much attention and media coverage as the 50 and 200-day SMAs. The 200-
day MA is perceived to be the dividing line between a stock that is
technically healthy and one that is not. It's a Big Deal It's a big deal when a
stock or an index drops below the 200-day SMA. It's an even bigger deal
when the 50-day SMA of any given stock or index drops below the 200-day
SMA. Such a crossover reflects internal weakness - at least in theory. We'll
discuss in a moment how the actual numbers match up with theoretic
assumptions. On June 22, 2010, the S&P 500 (SNP: ^GSPC) and Dow Jones
(DJI: ^DJI) dropped below the 200-day SMA. One day later the Nasdaq
(Nasdaq: ^IXIC) followed. On July 2, 2010, the 50-day SMA for the S&P
(NYSEArca: SPY - News) dropped below the 200-day SMA. On July 6, the
Dow Jones (NYSEArca: DIA - News) followed. As of today, the Nasdaq
(Nasdaq: QQQQ - News) is barely hanging on. This sounds like a
doomsday scenario. Does a rigid analysis show that there is validity to 200-
day and 50-day SMA crossover buy/sell signals? Let's
investigate.Crossovers - Lagging but Notable Many argue that the SMA
crossover is a delayed signal that emphasizes past weakness more than it
foreshadows future declines. To an extent, that is true. There are other
warning signals that point to a market turn long before the SMA does. For
example, on April 16, 2010, the ETF Profit Strategy Newsletter noted an
extremely low put/call ratio along with other bullish sentiment extremes.
The newsletter stated that 'the message conveyed by the composite
bullishness is unmistakably bearish. Once prices start to fall and investors
get afraid of incurring losses, the only option is to sell (due to the low
put/call ratio). Selling, results in more selling. This negative feedback loop
usually results in rapidly falling prices.' Prices did fall rapidly. The 22
trading days following the April 26 high, erased eight months worth of
gains. It took a 17% drop for the SMA crossover to trigger a sell signal.
When the ETF Profit Strategy Newsletter issued a strong buy signal on
March 2, 2009, it emphasized that the developing rally would be a counter
trend rally followed by a steep decline and maintained this viewpoint even
though prices kept rallying relentlessly into the April highs. The SMA
crossover now expresses the possibility that even lower prices are ahead.
200 and 50-day SMA Crossovers - How Accurate? How about the SMA
crossover track record? Over the past 10 years, there have been nine S&P
SMA crossovers with five sell and four buy signals. We have yet to see the
results of the most recent sell signal. However, of the eight previous
signals, six were correct. Average gains following each signal were 14.91%.
$10,000 invested according to the buy/sell recommendations given right
after the first sell signal was triggered on October 30, 2000 at S&P 1,399,
would be worth $24,769 today. More Than just Crossovers If it sounds too
good to be true, it often is. As is the case with so many technical
indicators, crossovers need to be viewed in context with other indicators.
In other words, take a step back and evaluate how crossovers fit into the
larger picture. The larger picture (going back to 2007) reveals that trading
volume associated with market declines has been generally high, while
trading volume seen during rallies has been generally low; a bearish sign.
Does Wednesday's 3.13% Rally Invalidate the Sell Signal? On Wednesday,
the S&P rallied 32 points or 3.13%. The Dow rallied 2.82%, while the Nasdaq
rallied 3.13%. Does this mean the bull market is back on track?Since the
April market top, we've seen about a handful of 2-3% bounces. All
associated gains were erased within a matter of days. Chances are this
time will be the same. In fact, some sort of bounce was to be expected. On
July 5, the ETF Profit Strategy Newsletter stated 'considering that the S&P
is butting against the 100-week SMA, lower accelerations band, 38.2%
Fibonacci retracement levels, round number resistance at 1,000, and
weekly s1 at 994, there is a good chance we will see some sort of a bounce
develop from the 990 - 1,015 area. Weekly r1 at 1,066 and pivot at 1,063
should serve as resistance.' This bounce is in its later stages right now.
What's Next? Let's revisit the larger picture. Out of the nine leading
industry sectors, seven have seen their 50-day SMA cross below the 200-
day SMA - financials (NYSEArca: XLF - News), technology (NYSEArca: XLK
- News), consumer staples (NYSEArca: XLP - News), materials (NYSEArca:
XLB - News), utilities (NYSEArca: XLU - News), energy (NYSEArca: XLE -
News) and healthcare (NYSEArca: XLV - News). The consumer
discretionary (NYSEArca: XLY - News) and industrial sector (NYSEArca:
XLI - News) are the only holdouts. All nine sectors, however, trade below
their 200-day SMA. Fundamentals, sentiment readings and valuations also
point south. Some of the fundamentals we have discussed in these pages
are crafty accounting practices designed to hide huge losses racked up by
big financial institutions not yet realized along with a continually bad
unemployment picture. Sentiment surrounding the April highs recorded
extremes not seen since the 2000, 2007, and even 1987 market top. There
are multiple sentiment measures (such as the VIX, cash allocation, put/call
ratio, percentage of bullish/bearish advisors, mutual fund cash levels, etc.).
Each sentiment measure is one piece of the puzzle. The more pieces of the
puzzle you have, the clearer the picture becomes. Leading up to the April
highs, nearly all sentiment indicators peaked, painting a complete bearish
picture. In summary, the bearish picture is confirmed by technical
indicators, a fundamental outlook, sentiment gauges, and valuations.
Based on what the market considered fair market valuations at prior
historic market bottoms, one can conclude how far stocks have to drop to
reach the previously attained level of fair valuations. The ETF Profit
Strategy Newsletter includes a detailed analysis of four valuation metrics
with a track record of accuracy, along with the implied target range for an
ultimate market bottom. This is provided in addition to its short, mid and
long-term forecast. When the market speaks, it behooves investors to
listen. Fighting the tape has often proven to be foolish, as the market will
always have the final word.¶
A Market Forecast That Says µTake Cover¶ New York Times | We have
entered a market decline of staggering proportions ² perhaps the biggest
of the last 300 years.
8' E )

;
!
!(
!@=Courtesy of
Thomson / Reuters Commercial Real Estate Loans ± Extend and Pretend
Community banks have commercial real estate loans where the borrower
cannot make scheduled interest and principle payments. More than 50% of
all FDIC-insured institutions have loan pipelines that are 80% to 100%
funded. This is a measure of how banks are stuck with noncurrent assets,
but they are not classified that way. Instead, community banks are giving
borrowers more time to make their payments on the theory that it¶s better
to collect zero on some loans rather than owning the real estate that
collateralizes those loans. This concept is dubbed ³extend and pretend´
hoping that the borrower will eventual pay the loan back. Banks in this
practice are known as ³Zombie Banks´ as they can¶t lend, can¶t lure in new
investors, and wait for the FDIC to knock on their doors on Friday
afternoon. This strategy includes stretching out loan maturities and
allowing below-market interest rates to slow the number of defaults and
preserving the capital of banks that would be expended if property had to
become ³Other Real Estate Owned.´ As a result ³Loans 30 to 89 Days in
Arrears´ and ³Noncurrent´ loans are not growing as fast as they should be.
The net result of these practices masks the true toxicity of the Commercial
Real Estate market. It¶s not just the small banks that are employing ³extend
and pretend´ tactics. I read that the Bank of America (BAC) has extended a
large real estate loan in Buckhead, Georgia the high-class area north of
Atlanta. The loan finances the development of a high-end shopping and
residential project in 2007 and now three years later the cranes are silent
and the project is fenced in. The banking regulators are helping the banks
by allowing the lenders several ways to restructure loans. While doing so
the banks are allowed to keep these loans as ³performing´ even with
collateral values below the loan amounts. Extend and pretend is also
known as kicking the can down the road. It seems to me that we have
wasted billions if not trillions in stimulus money and bank bailouts when
this money could have been used to actually fund the completion of these
projects. Such a plan would have cost tax payers much less and would
have kept Americans working on Main Street USA, as finishing incompleted
real estate projects are clearly ³shovel ready´ projects. According to
Foresight Analytics banks hold $176 billion of CRE loans that could be
declared toxic. This is the tip of the iceberg as the FDIC Quarterly Banking
Profile shows $1.09 trillion in nonfarm nonresidential real estate loans and
$418 billion in Construction & Development loans on the books of our
nation¶s banks. About two-thirds of the CRE loans are maturing between
now and 2014, and are underwater. Commercial real estate property values
are down 42% from the October 2007 peak. At the end of the first quarter
9.1% are delinquent up from 7% a year earlier. Bankers justify ³extend and
pretend´ saying that it¶s better than calling the loan and dumping more
property on a depressed market. We need a stronger economy to entice
new investors to resurrect projects and to find new demand for competed
offices, hotels, condos etc which are the finished products of completed
CRE projects. Without a strong economic recovery these loans will
eventually have to be written off down the road. The problem is that while
these loans are on hold banks can¶t justify new loans, which would be the
engine of economic growth. And the beat goes on. Disclosure: No
positions¶
)#> ,

" *% @Volume still matters, doesn't it? It
seems not as the financial media ignores our light volume market in favor
of writing bullish headlines. With hedge funds mostly sidelined according
to reports posted here yesterday, the primary buyers must be trading
desks on Wall Street and a handful of algo traders. It's tempting to come off
the sidelines and join the fun but perhaps it's just the trap they're laying for
you. A headline at Reuters read this afternoon: "Weaker Economic Views
Equals Stronger 3-Year Note Sale". So, if equity markets are forward-
looking one must wonder what these few buyers are seeing beyond a
short-term trade. Headline writers say its strong earnings growth that will
prop markets coupled with rosy outlooks. That would have to be the case
otherwise this is just a sucker's rally. As stated, volume was holiday-like
light (40% below average) making it really easy for the machines to take
over trading, and so they did ... µ
Economists, Financial Experts: U.S. Is Trapped In 1932 Size Depression

Following Nobel Laureate Paul Krugman¶s declaration last week that the
U.S. is in entering a third period of great depression, more and more
economists are following suit, comparing the scale of the crisis to that of
the early 1930s.
Ahmadinejad brands US world¶s dictator ahead of summit
David Icke onTV: Humanity¶s Last Chance Infowars.com | Alex talks with
writer, public speaker, and former well-known BBC television sports
presenter David Icke. As the United States Collapses, Media Worships
LeBron James Infowars gives the inside scoop on basketball MVP LeBron
James¶ pivotal trade decision. America Is In A Societal Meltdown
Chuck Baldwin | America is in the midst of a complete and total spiritual,
societal, cultural, moral, and political meltdown. Obama Selects General
Who Likes Killing Muslims to Centcom Kurt Nimmo | Gen. Mattis has the
same habit of speaking his mind as McCrystal.
The Lights Are Going Out For Free Speech On The Internet Type the
keywords ³Internet censorship´ into Google News and you will immediately
understand to what degree the world wide web is under assault from
attempts by governments globally to regulate and stifle free speech. From
Australia to Belarus, from Turkey to Vietnam, from Pakistan to Egypt, from
Afghanistan to Iran, huge chunks of the Internet are going dark as the
Chinese model of Internet regulation is adopted worldwide. [Has everybody
lost their minds? Referring to the china model as something to be
emulated. It¶s true they are more productive than america, generally, but
their business model is almost prehistoric and the direct consequence of
the great american sell-out for money (the µpass through¶ or direct) by
those who¶ve pledged otherwise (walmart, congress, clinton, bush,
wobama, etc.). Even some of their simplest products are junk (but priced
incredibly low to make the relative value) and seem to have adopted that
GM strategy of planned obsolescence, breakdown, etc., to spur sales. Then
there¶s the communist faux capitalism paradox, suppression, oppression,
etc., which has even the defacto bankrupt, pervasively corrupt, fallen
america blindly following. Quite simply, their ancient business model is
slave labor. As for Iran, they are a relatively small nation under collective
siege.]
US taxpayers¶ Afghan aid money buys rich Afghans¶ Dubai villas You
already might have heard that it costs the United States $1 million for each
solider per year in Afghanistan, to cover the cost of the soldiers¶ benefits,
troop transports and other materiel. Billions of dollars secreted out of
Kabul Spiegel Online | Billions of dollars are being secreted out of Kabul to
help well-connected Afghans buy luxury villas in Dubai and then there are
the american recipients who are a bit more careful with their stash.
The New Civil Wars Within the West Gregory R. Copley | Internecine civil
wars are underway almost everywhere within the West, and most virulently
in the United States of America. On Why America¶s 234th Birthday May
Not Have Many More To Follow Zero Hedge | It is my firm belief that we
have come to the ³end of the road´ for the financial system.
Iran says planes denied fuel in Germany, UK, UAE Reuters | The claim
could not be independently confirmed and was met abroad by skepticism.
[Europe really fell fast. They make Christians look like the dumbest people
in the world, along with the likes of ie., UAE if true (and defacto bankrupt
america). After all, this µall for israel¶ mantra is contraindicated inasmuch as
the hebrews deny the very foundation of the Christian religion and indeed
were behind his crucifixion].
DRUDGEREPORT: Evans-Pritchard: It's Really Starting to Feel Like 1932
[Depression] ...
Dow Repeats Great Depression Pattern...
Investors fear risk of regional defaults...
&7 "%,# <7 %Y
Turkey, a leader of nations, wants war criminal israel apology, israel rejects
demand ...Y
h
*
8'F E
h 8 F
O@=This is the scenario I
have been predicting for months now.
Y Double Dip Recession and the Obama 2011 Budget (February 2010):
The long and short is that ± come Summer ± the inventory cycle¶s
thrust will have dissipated. And if companies are not hiring by this
time and consumer spending is not increasing more robustly, then
the state budgets, the strategic defaults and all of the rest of that
becomes a serious obstacle. In my view, more likely than not, this
will lead to another recession late in 2010 or in 2011. And nothing in
the President¶s budget changes this outlook.
Y The mindset will not change; a depressionary relapse may be
coming (March 2010): the inventory cycle¶s impact on GDP growth
will attenuate. By the second half of 2010, inventories will not add
considerably to GDP.
Y US GDP growth rate is unsustainable; recovery will fade (April 2010):
The inventory cycle is already starting to fade. That means weak 1 or
2% growth at best by Q4 2010. Unless job growth picks up
tremendously by the second half of the year, this recovery is in
trouble.
David Rosenberg says the ISM leads jobs. And, the latest jobs numbers
were weak.
I would be nonplused about the recent ISM data if it weren¶t for the column
highlighted in red. Notice how the momentum for everything is slowing.
Not just the overall index, but new orders, production and employment «¶
U.S. Economy ³Is a Complete Disaster´ Yahoo! Finance | The U.S.

economy is in shambles and Americans will continue to see high
unemployment and lower living standards in the years to come. America
is sinking under Obama¶s towering debt I hope the White House is paying
attention to the latest annual Congressional Budget Office Long-Term
Budget Outlook, which offers a truly frightening picture of the scale of
America¶s national debt, with huge implications for the country¶s future
prosperity. 7.9 million jobs lost, many forever CNNMoney | The
recession killed off 7.9 million jobs. It¶s increasingly likely that many will
never come back.
50 Random Facts That Make You Wonder What In The World Has Happened
To America The Economic Collapse | For those who still love this land (and
there are a lot of us) it is heartbreaking to watch America slowly die. BP,
Homeland Security, and Cops Work Together to Deny First Amendment
Kurt Nimmo | BP, Homeland Security, the FBI¶s Joint Terrorism Task
Force, and local cops will now decide if it is acceptable for journalists to
take photographs. Will G20 Police Succeed In Covering Up Reports of
Rape and Torture? Infowars.com | Can authorities be allowed to cover-up
the Abu-Ghraib style incarceration methods Toronto police engaged in
during the G20 summit this past weekend, where women were arrested and
subsequently raped by male cops? Emergency S.O.S.: America Falling
to Foreign Bank Takeover ± Fourth of July Alex Jones breaks down the
takeover by offshore banking powers± newly empowered by Congress¶
banking ³reform,´ expanded taxes worldwide, as well as accelerated moves
towards ending the Dollar¶s reserve status, including urging from a recent
United Nations report. More than one-quarter don¶t know who US
gained independence from Every Fourth of July, Americans gather to
celebrate the country¶s declaration of independence from « um, what
country was that again?
DRUDGEREPORT: TORN ON FOURTH OF JULY: OBAMA DIVIDES

NATION...
Great Republic in parlous state -- politically, economically...
YEAR 9: Petraeus in Afghanistan warns of tough mission...

'We are in this to win' « Win what? The fact of america¶s defacto
bankruptcy and being there IS failure no matter what they ultimately call
this debacle ...
Illinois Stops Paying Its Bills...
Facing 'outright disaster' amid budget crisis...
,
&
1,
h
9 1 & « Discouraged workers at a new
cycle high And small wonder. The median unemployment duration went to
a new all-time high (since the 1940s, anyway, when that series begins) and
shows no signs of slowing its ascent « (Chart, source Bloomberg)«
YEAR 9: Petraeus in Afghanistan warns of tough mission « What mission?

What plan?.What strategy? National bankruptcy?« Mission accomplished!
...
NY Times¶ Krugman: We Are Entering The Third Depression Recessions

are common; depressions are rare. [Correction: we¶re already in a
depression].
JUNE UNEMPLOYMENT 9.5%... 125,000 JOBS LOST...
Rate dips as 652,000 give up search...
Depressing... [That¶s why they¶re called depressions (just kidding « but no
laughing matter) « At this rate, with all those lost jobs and jobseekers no
longer seeking those lost jobs that aren¶t there, by their calculations (9.5%
the bright spot « riiiiight!) we should be at full employment very soon «
you can¶t make this stuff up « really!].
Ron Paul: 114 Flip Flop on Audit The Fed Causing Bill to Fail 229 ± 198 Ron
Paul¶s attempt to audit the Federal Reserve, which was previously co-
sponsored by 320 members of the House (HR 1207), failed by a vote of 229-
198. All Republicans voted in favor of the measure with 23 Democrats
crossing the aisle to vote with Republicans. 122 co-sponsors of HR 1207,
all Democrats, jumped ship and voted against the measure. The Future
of Audit the Fed Congressman Ron Paul discusses the latest in the efforts
to get a full and complete audit of the Fed as well as the future of Fed
transparency. Like Congressman Paul says, we¶ve accomplished a lot of
good with our movement, and there¶s many reasons to be optimistic for the
future. Ditch the Buck! Dollar demise µa matter of months¶ A report by
the United Nations says the American dollar should be ditched as the main
global reserve currency. It said that the global financial meltdown has
exposed systematic weaknesses, one of which is the reliance on the
greenback. G-20 is Relying on China To Drive the World Economy « But
China Isn¶t Looking So Hot The G-20 is apparently relying on China to
drive the world economy.
Middle class families face a triple whammy Edmund Conway | Falling

pensions, cuts and the banking crisis will impoverish many families.
One of those « Daaaaah! Moments « Panetta says Afghan progress

slower than expected Los Angeles Times - Days after President Obama
installed a new US military commander in Afghanistan, CIA Director Leon
E. Panetta conceded Sunday that progress in the war has been "harder"
and "slower than I think ... Panetta says Afghan insurgents show no real
interest in reconciliation talks Washington Post CIA Retains
Controversial Security Firm in Afghanistan Wall Street Journal CIA:
AFGHAN PROGRESS 'SLOWER' THAN ANTICIPATED« Daaaaah! ...
:&('
"25#
% 5&7 % '
#%2( - Republican
chairman Michael Steele drew criticism from within his own party Friday,
including calls to resign, after saying the 9-year-old commitment of U.S.
troops to Afghanistan was a mistaken ... [Steele is quite right and wobama
and war facilitators deserve criticism; not Steele.] Pelosi:
Unemployment Checks Fastest Way to Create Jobs ³It creates jobs faster
than almost any other initiative you can name.´ [pelosi¶s so µin over her
head¶, burnt out, borderline senile, etc.] Seventy million expired flu
vaccines about to be incinerated as waste [government / corporate welfare
/ fraud] Forty million doses of H1N1 swine flu vaccine are about to go up in
flames, and another 30 million will soon meet the same fate. They¶ve
expired, you see, and despite the CDC¶s best efforts to push flu vaccines
on the american people, the industry still couldn¶t find a way to offload
seventy million doses of a vaccine that doesn¶t even work.
Israel Suspected in Bogus Claim Iran Developing Nuclear Trigger Kurt

Nimmo | The bogus claim prompted a new round of support for more
aggressive U.S. and European sanctions against Iran. Ron Paul: Audit
The Fed Bill Fails After Former Co-Sponsors Flip-Flop | Ron Paul¶s attempt
to audit the Federal Reserve failed, after more than 100 former co-sponsors
of the bill jumped ship and voted against the measure. Dollar Plunges
After UN Call To Ditch Greenback | U.S. economy enters ³total freefall´.
50 Random Facts That Make You Wonder What In The World Has Happened
To America - The Economic Collapse July 2, 2010 Our world is changing
at a pace that is so staggering these days that it can be really hard to fully
grasp the significance of what we are witnessing. Hopefully the collection
of random facts below will help you to ³connect the dots´ just a little bit.
On one level, the facts below may not seem related. However, what they all
do have in common is that they show just how much the United States has
fundamentally changed. Do you ever just sit back and wonder what in the
world has happened to America? The truth is that the America that so
many of us once loved so much has been shattered into a thousand
pieces. The ³land of the free and the home of the brave´ has been
transformed into a socialized Big Brother nanny state that is oozing with
corruption and has accumulated the biggest mountain of debt in the
history of the world. The greatest economic machine that the world has
ever seen is falling apart before our very eyes, and even when our
politicians actually try to do something right (which is quite rare) the end
result is still a bunch of garbage. For those who still love this land (and
there are a lot of us) it is heartbreaking to watch America slowly die.
The following are 50 random facts that show just how dramatically america
has changed«.
#50) A new report released by the United Nations is publicly calling for the
establishment of a world currency and none of the major news
networks are even covering it.
#49) Arnold Schwarzenegger has ordered California State Controller John
Chiang to reduce state worker pay for July to the federal minimum allowed
by law ² $7.25 an hour for most state workers.
#48) A police officer in Oklahoma recently tasered an 86-year-old disabled
grandma in her bed and stepped on her oxygen hose until she couldn¶t
breathe because they considered her to be a ³threat´.
#47) In early 2009, U.S. net national savings as a percentage of GDP went
negative for the first time since 1952, and it has continued its downward
trend since then.
#46) Corexit 9500 is so incredibly toxic that the UK¶s Marine Management
Organization has completely banned it, so if there was a major oil spill in
the North Sea, BP would not be able to use it. And yet BP has dumped
over a million gallons of dispersants such as Corexit 9500 into the Gulf of
Mexico.
#45) For the first time in U.S. history, more than 40 million Americans are
on food stamps, and the U.S. Department of Agriculture projects that
number will go up to 43 million Americans in 2011.
#44) It has come out that one employee used a Federal Emergency
Management Agency credit card to buy $4,318 in ³Happy Birthday´ gift
cards. Two other FEMA officials charged the cost of 360 golf umbrellas
($9,000) to the taxpayers.
#43) Researchers at the State University of New York at Buffalo received
$389,000 from the U.S. government to pay 100 residents of Buffalo $45
each to record how much malt liquor they drink and how much pot they
smoke each day.
#42) The average duration of unemployment in the United States has risen
to an all-time high.
#41) The bottom 40 percent of all income earners in the United States now
collectively own less than 1 percent of the nation¶s wealth.
#40) In the U.S., the average federal worker now earns about twice as much
as the average worker in the private sector.
#39) Back in 1950 each retiree¶s Social Security benefit was paid for by 16
workers. Today, each retiree¶s Social Security benefit is paid for by
approximately 3.3 workers. By 2025 it is projected that there will be
approximately two workers for each retiree.
#38) According to a U.S. Treasury Department report to Congress, the U.S.
national debt will top $13.6 trillion this year and climb to an estimated $19.6
trillion by 2015.
#37) The federal government actually has the gall to ask for online
donations that will supposedly go towards paying off the national debt.
#36) The Cactus Bug Project at the University Of Florida was
allocated $325,394 in economic stimulus funds to study the mating
decisions of cactus bugs.
#35) A dinner cruise company in Chicago got nearly $1 million in economic
stimulus funds to combat terrorism.
#34) It is being reported that a 6-year-old girl from Ohio is on the ³no fly´
list maintained by U.S. Homeland Security.
#33) During the first quarter of 2010, the total number of loans that are at
least three months past due in the United States increased for the 16th
consecutive quarter.
#32) According to a new report, Americans spend twice as much as
residents of other developed countries on healthcare, but get lower quality
and far less efficiency.
#31) Some experts are warning that the cost of bailing out Fannie Mae and
Freddie Mac could reach as high as $1 trillion.
#30) The FDA has announced that the offspring of cloned animals could be
in our food supply right now and that there is nothing that they can do
about it.
#29) In May, sales of new homes in the United States dropped to the lowest
level ever recorded.
#28) In 1950, the ratio of the average executive¶s paycheck to the average
worker¶s paycheck was about 30 to 1. Since the year 2000, that ratio has
ranged between 300 to 500 to one.
#27) Federal border officials recently said that Mexican drug cartels have
not only set up shop on American soil, they are actually maintaining
lookout bases in strategic locations in the hills of southern Arizona.
#26) The U.S. government has declared some parts of Arizona off limits to
U.S. citizens because of the threat of violence from Mexican drug
smugglers.
#25) According to the credit card repayment calculator, if you owe $6000 on
a credit card with a 20 percent interest rate and only pay the minimum
payment each time, it will take you 54 years to pay off that credit card.
During those 54 years you will pay $26,168 in interest rate charges in
addition to the $6000 in principal that you are required to pay back.
#24) According to prepared testimony by Goldman Sachs Chief Operating
Officer Gary Cohn, Goldman Sachs shorted roughly $615 million of the
collateralized debt obligations and residential mortgage-backed securities
the firm underwrote since late 2006.
#23) The six biggest banks in the United States now possess assets
equivalent to 60 percent of America¶s gross national product.
#22) Four of the biggest U.S. banks (Goldman Sachs, JPMorgan Chase,
Bank of America and Citigroup) had a ³perfect quarter´ with zero days of
trading losses during the first quarter of 2010.
#21) 1.41 million Americans filed for personal bankruptcy in 2009 ± a 32
percent increase over 2008.
#20) BP has hired private security contractors to keep the American
people away from oil cleanup sites and nobody seems to care.
#19) Barack Obama is calling for a ³civilian expeditionary force´ to be sent
to Afghanistan and Iraq to help overburdened military troops build
infrastructure.
#18) On June 18th, two Christians decided that they would peacefully pass
out copies of the gospel of John on a public sidewalk outside a public Arab
festival in Dearborn, Michigan and within 3 minutes 8 policemen
surrounded them and placed them under arrest.
#17) It is being reported that sales of foreclosed homes in Florida made up
nearly 40 percent of all home purchases in the first part of this year.
#16) During a recent interview with Larry King, former first lady Laura Bush
revealed to the world that she is actually in favor of legalized gay marriage
and a woman¶s ³right´ to abortion.
#15) Scientists at Columbia University are warning that the dose of
radiation from the new full body security scanners going into airports all
over the United States could be up to 20 times higher than originally
estimated.
#14) 43 percent of Americans have less than $10,000 saved for retirement.
#13) The FDIC¶s deposit insurance fund now has negative 20.7 billion
dollars in it, which represents a slight improvement from the end of 2009.
#12) The judge that BP is pushing for to hear an estimated 200 lawsuits on
the Gulf of Mexico oil disaster gets tens of thousands of dollars a year in
oil royalties and is paid travel expenses to industry conferences.
#11) In recent years the U.S. government has spent $2.6 million tax dollars
to study the drinking habits of Chinese prostitutes and $400,000 tax dollars
to pay researchers to cruise six bars in Buenos Aires, Argentina to find out
why gay men engage in risky sexual behavior when drunk.
#10) U.S. officials say that more than three billion dollars in cash (much of
it aid money paid for by U.S. taxpayers) has been stolen by corrupt officials
in Afghanistan and flown out of Kabul International Airport in recent years.
#9) According to a report by the U.S. Department of Transportation¶s
Bureau of Transportation Statistics, the baggage check fees collected by
U.S. airlines shot up 33% in the first quarter of 2010 to $769 million.
#8) Three California high school students are fighting for their right to
show their American patriotism - even on a Mexican holiday - after they
were forced to remove their American flag T-shirts on Cinco de Mayo.
#7) Right now, interest on the U.S. national debt and spending on
entitlement programs like Social Security and Medicare are somewhere in
the neighborhood of 10 to 15 percent of GDP. By 2080, they are projected
to eat up approximately 50 percent of GDP.
#6) The total of all government, corporate and consumer debt in the United
States is now about 360 percent of GDP.
#5) A 6-year-old girl was recently handcuffed and sent to a mental facility
after throwing temper tantrums at her elementary school.
#4) In Florida, students have been arrested by police for things as simple
as bringing a plastic butter knife to school, throwing an eraser, and
drawing a picture of a gun.
#3) School officials in one town in Massachusetts are refusing to
allow students to recite the Pledge of Allegiance.
#2) According to one new study, approximately 21 percent of children in
the United States are living below the poverty line in 2010.
#1) Since 1973, more than 50 million babies have been murdered in
abortion facilities across the United States.
Fed Made Taxpayers Unwitting Junk-Bond Buyers Bloomberg | So-called

assets included collateralized debt obligations and mortgage-backed
bonds. Dollar Plunges After UN Call To Ditch Greenback The dollar
plunged today following a United Nations report which called for the
greenback to be replaced as the global reserve currency by the
International Monetary Fund¶s special drawing rights (SDRs). National
debt soars to highest level since WWII The federal debt will represent 62%
of the nation¶s economy by the end of this year. Dollar should be
replaced as international standard, U.N. report says CNN | The dollar is an
unreliable international currency and should be replaced by a more stable
system, the United Nations Department of Economic and Social Affairs
said. Double Dip Picking Up: Jobless Claims Spike To 472,000, On
Expectations Of 455,000 Jobless claims were a disaster, coming in at 472k,
on expectations of 455k. Prior was revised, surprise, surprise, higher to
459k from 457k. What is scariest is that between extended benefits and
EUC, now that Congress has turned off the perpetual insurance spigot for
the unemployed, dropped by -158,155 and -217,513.µJobless Recovery¶
Myth as Banksters RAPE and ENSLAVE the Public! GET OFF YOUR
KNEES! We¶re told that this will be a µjobless recovery¶ with further job
losses expected before things get better. Well, if you believe that nonsense
I¶ve got a fantastic sundrenched beach on the growing ice packs of
Antarctica to sell you. How on earth can there be anything called a jobless
recovery? The simple answer is that there can¶t! Study: US media
redefined torture after US started practicing it The US news media radically
changed how it reported on the issue of waterboarding after it emerged
that US forces had used the practice, says a new study from Harvard
University. The Toronto G20 Riot Fraud: Undercover Police engaged in
Purposeful Provocation Toronto is right now in the midst of a massive
government / media propaganda fraud. As events unfold, it is becoming
increasingly clear that the µBlack Bloc¶ are undercover police operatives
engaged in purposeful provocations to eclipse and invalidate legitimate
G20 citizen protest by starting a riot. Government agents have been caught
doing this before in Canada.
Obama Calls for Pentagon ³Civilian Component´ [Wow! Sounds like a plan
« riiiiight!] Kurt Nimmo | Obama wants to send civilians to the occupation
zones in Iraq and Afghanistan.
Drudgereport: JUNE UNEMPLOYMENT 9.5%... 125,000 JOBS LOST...

New jobless claims rise [again]...

'Surprise'...
Pending home sales plunge record 30%...
Weak economic data suggest 'recovery' fizzling...
Fears mount over slowing global demand...
UN committee calls for dumping US dollar...
YEAR 9: Petraeus in Afghanistan warns of tough mission « What mission?

What plan?.What strategy? National bankruptcy?« Mission accomplished!
...
Six Months to Go Until the Largest Tax Hikes in History...
SIX MONTHS TO GO UNTIL

THE LARGEST TAX HIKES IN HISTORY
E

, ! 1 41/343."4C(
Read more: http://www.atr.org/six-months-untilbr-largest-tax-hikes-

a5171##ixzz0sVN5aBH3
In just six months, the largest tax hikes in the history of America will take
effect. They will hit families and small businesses in three great waves on
January 1, 2011:
$ *";

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!/33K, ;E5
In 2001 and 2003, the GOP Congress enacted several tax cuts for investors,
small business owners, and families. These will all expire on January 1,
2011:
Personal income tax rates will rise. The top income tax rate will rise from
35 to 39.6 percent (this is also the rate at which two-thirds of small
business profits are taxed). The lowest rate will rise from 10 to 15 percent.
All the rates in between will also rise. Itemized deductions and personal
exemptions will again phase out, which has the same mathematical effect
as higher marginal tax rates. The full list of marginal rate hikes is below:
- The 10% bracket rises to an expanded 15%

- The 25% bracket rises to 28%
- The 35% bracket rises to 39.6%
Higher taxes on marriage and family. The ³marriage penalty´ (narrower tax
brackets for married couples) will return from the first dollar of income.
The child tax credit will be cut in half from $1000 to $500 per child. The
standard deduction will no longer be doubled for married couples relative
to the single level. The dependent care and adoption tax credits will be cut.
The return of the Death Tax. This year, there is no death tax. For those
dying on or after January 1 2011, there is a 55 percent top death tax rate on
estates over $1 million. A person leaving behind two homes and a
retirement account could easily pass along a death tax bill to their loved
ones.
Higher tax rates on savers and investors. The capital gains tax will rise
from 15 percent this year to 20 percent in 2011. The dividends tax will rise
from 15 percent this year to 39.6 percent in 2011. These rates will rise
another 3.8 percent in 2013.
'
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There are over twenty new or higher taxes in Obamacare. Several will first
go into effect on January 1, 2011. They include:
The ³Medicine Cabinet Tax´ Thanks to Obamacare, Americans will no

longer be able to use health savings account (HSA), flexible spending
account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase
non-prescription, over-the-counter medicines (except insulin).
The ³Special Needs Kids Tax´ This provision of Obamacare imposes a cap
on flexible spending accounts (FSAs) of $2500 (Currently, there is no
federal government limit). There is one group of FSA owners for whom this
new cap will be particularly cruel and onerous: parents of special needs
children. There are thousands of families with special needs children in
the United States, and many of them use FSAs to pay for special needs
education. Tuition rates at one leading school that teaches special needs
children in Washington, D.C. (National Child Research Center) can easily
exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay
for this type of special needs education.
The HSA Withdrawal Tax Hike. This provision of Obamacare increases the
additional tax on non-medical early withdrawals from an HSA from 10 to 20
percent, disadvantaging them relative to IRAs and other tax-advantaged
accounts, which remain at 10 percent.
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When Americans prepare to file their tax returns in January of 2011, they¶ll
be in for a nasty surprise²the AMT won¶t be held harmless, and many tax
relief provisions will have expired. The major items include:
The AMT will ensnare over 28 million families, up from 4 million last year.
According to the left-leaning Tax Policy Center, Congress¶ failure to index
the AMT will lead to an explosion of AMT taxpaying families²rising from 4
million last year to 28.5 million. These families will have to calculate their
tax burdens twice, and pay taxes at the higher level. The AMT was created
in 1969 to ensnare a handful of taxpayers.
Small business expensing will be slashed and 50% expensing will

disappear. Small businesses can normally expense (rather than slowly-
deduct, or ³depreciate´) equipment purchases up to $250,000. This will be
cut all the way down to $25,000. Larger businesses can expense half of
their purchases of equipment. In January of 2011, all of it will have to be
³depreciated.´
Taxes will be raised on all types of businesses. There are literally scores of
tax hikes on business that will take place. The biggest is the loss of the
³research and experimentation tax credit,´ but there are many, many
others. Combining high marginal tax rates with the loss of this tax relief
will cost jobs.
Tax Benefits for Education and Teaching Reduced. The deduction for
tuition and fees will not be available. Tax credits for education will be
limited. Teachers will no longer be able to deduct classroom expenses.
Coverdell Education Savings Accounts will be cut. Employer-provided
educational assistance is curtailed. The student loan interest deduction
will be disallowed for hundreds of thousands of families.
Charitable Contributions from IRAs no longer allowed. Under current law,

a retired person with an IRA can contribute up to $100,000 per year directly
to a charity from their IRA. This contribution also counts toward an annual
³required minimum distribution.´ This ability will no longer be there.
Read more: http://www.atr.org/six-months-untilbr-largest-tax-hikes-

a5171##ixzz0sVMwYIhK
h
* ##B7 We just had a very difficult three
month stretch for stocks. The S&P 500 fell 12% for the quarter as did
NASDAQ. The Shanghai Composite, China¶s largest stock index, fell 22.9
in its local currency, the yuan. The MSCI EAFE Index (foreign stocks) was
down 14%. Given the negative news, it is not surprising that investors are
becoming more bearish on stocks. This chart from Bespoke is based on
the weekly h
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#
'survey, which is getting close to levels
from a year ago. This is not close the peak we reached in early 2009, but
the mood is definitely more negative now: [chart]
7
$ There were many events contributing to yesterday¶s
sell-off, and the most likely culprits around the globe included more
protests in Greece, continued to concerns about Europe at large, and a
downward revision (due to a calculation error) of a leading economic
indicator reading in China for the month of April. But when it comes down
to it, our own economy has yet to stand on solid ground. While the
recovery has continued to be shaky at best, recent economic readings may
be pointing to a double dip recession. Yesterday¶s batch of economic data
seemed to be confirming that, as it brought a very dismal reading on
consumer confidence. June¶s number stood at 52.9, far below expectations
of 62.5, and pointing to the consumers¶ weariness about the job market,
and economic recovery in general. To go further, the previous reading for
May was revised downward, to 62.7 from 63.3. But the drop from May to
June really sends the message home: we¶re not out of the woods yet.
Earlier in the week, we saw personal savings rates rise again, even while
personal income growth was meager. Americans, despite bringing home a
little more cash, continued to save more for the expected rainy days, and
have yet to return to their spendthrift ways. After yesterday¶s precipitous
selling, one would expect to see a bit of a bounce in today¶s trading
session. That wasn¶t the case, however, as more weak data continued to
dampen economic hopes. Today¶s culprit was the ADP private sector job
report. The report stated that private payroll gains were muted in June, with
only 13,000 jobs added ± far less than the 60,000 expected by economists.
While May¶s reading was revised slightly upwards (to 57,000 hires from
previously reported 55,000), today¶s release does not bode well for the
much anticipated report from the Bureau of Labor Statistics due out on
Friday. The non-farms payroll survey includes government workers and
has been inflated in recent months due to hiring for the 2010 Census «
[chart] «The June report, however, will reflect many of those workers
being laid off in the past month. In May, 431,000 jobs were added, but
without support from temporary government hires, economists are
predicting job losses in June. Last week, consensus estimates were for a
loss of 70,000 jobs for the month. By yesterday, those estimates were
downgraded further, to 110,000. With the help of today¶s ADP report,
expectations have continued to fall: economists now expect a reading of
negative 125,000 «

% "$ $+!
#( -Barron's has a nice
summary of what the future may hold in its "Up and Down Wall Street." It
summarizes as well as anything I've read recently where we're likely
headed. Bugging the (stock) market is the increasingly obvious disparity
between what the Street's incorrigible cheerleaders see and prophesy and
what's actually happening in the real world...The double dip in housing may
or may not be a template of what's in store for the economy as a whole. But
at the very least, it is a precursor of other serious disappointments
destined to feed the unease among the jittery populace, which most
emphatically includes investors.
It cites the predictions of SDK Captial's Dee Kessler:
--the massive fiscal and monetary stimulus so liberally applied

in 2008-2009 is starting to run out of steam, with financial
conditions tightening and leading economic indicators
pointing to a stretch of "anemic activity."
--"structural headwinds," such as public and private

deleveraging, higher taxes, greater regulation and trade
tensions.
--the well-publicized woes of the European bloc, which

accounts for 20% of the world's GDP, as further evidence that
the global economy, as he puts it, is downshifting.
--The period of easy comparisons in corporate results, he

says, is coming to a close,
--"Although the fundamentals in the U.S., Europe and Japan

are worse," Dee spots plenty of downside in emerging markets
and doesn't fancy the notion of decoupling.
--Come another financial crisis, "the only policy response left

will be to print money." Which, of course, is what the gold
bugs are counting on and why bullion has glistened so
brightly.
That about sums up the outlook. The nice insight here is that anxiety over
future economic malaise -- and the additional money printing that'll be
done to mask it -- might be a bigger factor than current inflationary
pressure behind the surge in gold prices.
In other words, for the deflation-believers: deflation today? Perhaps. But
big-time inflation tomorrow.
Disclosure: No positions
NY Times¶ Krugman: We Are Entering The Third Depression Recessions

are common; depressions are rare. [Correction: we¶re already in a
depression].
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economy. Europe is fixed, China is booming, consumer confidence is
rising, and we are encouraged to resume our borrow and spend ways as
the economy will not "double-dip" into recession. The economy will not
slide into another recession, we are reassured constantly, even though
roughly 80% of Americans don't think we ever left the recessionary
quicksand. Please see "Two Scoop Special": Double-Dip Recession
Guaranteed (May 21, 2010) for more « Exactly what drivers are there for
future gains in corporate profits? I can't think of any, short of Martians
landing and going on a shopping spree with gold they manufacture in their
spacecraft. On the negative side, we have:
1. The rising dollar is a huge headwind to sales in the eurozone and

elsewhere.
2. The low-hanging fruit of pushing the workforce to produce more output
for the same salary/wages have all been picked.
3. The inventory build-out is done for everything but the iPhone 4 and iPad.
4. So-called "fiscal austerity" (when did living within one's means become
some sort of brutual "austerity"? Talk abour propaganda!) in the eurozone
and U.S. states will remove tens of billions of dollars from corporate sales.
5. Global overcapacity is alive and well. There is overcapacity in everything
manufactured except the iPhone 4, and that will be in glut by 2011 as well.
6. Uncle Sam is not distributing trillions of dollars quite as freely. There
seems to be some glimmer of awareness that there could be consequences
of squandering trillions of borrowed dollars on essentially worthless
projects such as occupying Iraq, inflating the housing market by
socializing the entire mortgage market, propping up Fannie Mae, Freddie
Mac and FHA, etc.
7. Housing is rolling over now that the socialized mortgage market has
been tentatively allowed to go off life-support (it is wheezing and turning
blue in the face, not signs of vibrant health).
8. There is no pricing power anywhere once stimulus-goosed demand
declines to organic demand (flat to down) «
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GREECE UNDER NEWS BLACKOUT: Here¶s How An Eyewitness Describes

Today¶s Riots There are reports this morning of violent protests/riots in
Greece, once again. Here¶s how a source on the ground describes the
situation. Target Tehran? Israel, US µprepare to attack Iran¶ Reports are
circulating that the U.S is amassing a greater military presence in the
Middle East. The alleged build up is also rumoured to involve the Israeli
use of Saudi Arabian air space. It¶s thought by some to be in preparation
for an attack on Iran. Kucinich: µWe are losing our nation to lies about the
necessity of war¶ In Afghanistan, corruption is rife. It is so abundant, in
fact, that a senior US lawmaker declared on Monday that she¶d be freezing
$3.9 billion in Afghan aid dollars until the situation is addressed. Turkey
bans Israeli military flight from its airspace as freeze deepens Turkey has
banned an Israeli military flight from its airspace in apparent retaliation for
Israel¶s interception of the Free Gaza flotilla last month, in which nine pro-
Palestinian Turkish activists were killed.
Iran nuclear scientist Shahram Amiri 'flees US captors' BBC News - A man
who says he is an Iranian nuclear scientist claims to have escaped after
being abducted by US agents. In a video shown on Iranian state TV, he
says he has escaped in the US state of Virginia and is now on the run.
Missing Iran scientist says he escaped US agents: report Reuters Turkey
Asks Iran to Return to Table Wall Street Journal

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27 & « Not only do us swing traders have to fight the urge
to chase price action up, but lay off the keyboard trying to catch falling
knives in the relative strength stocks which are holding up. If you tried to
buy support in your favorite names this week, you got your hands cut up.
I¶ll continue to rely on the understanding of my own emotions as they have
served me well. When we opened higher on Monday morning I knew I was
in the right place, cash, as the market was just way overbought. If you
bought most relative strength names last week, by the end of this week you
were well underwater. So where do we go from here? I¶ve got no clue, the
market is a mess, the charts are a mess, and the long bond is about to
break out. If that happens all bets are off, we could see an ³event´. If the
smart money is lining up at the exits and moving into bonds, there¶s a good
chance they see something coming down the pipe «
h,h9:(&E2(&,- &))2E$&E) John Browne µThe global

financial crisis is playing out like a slow-moving, highly predicable stage
play. In the current scene, Western governments are caught between the
demands of entitled welfare beneficiaries and the anxiety of bondholders
who fear they will be stuck with the bill. As the crisis reaches an apex,
prime ministers and presidents are forced into a Sophie's choice between
social unrest and bankruptcy. But with the "Club Med" economies set to
fall like dominoes, the US Treasury market is not yet acting the role we
would have anticipated. « The newspapers are now riddled with hints that
foreign governments have lost faith in Washington and the dollar reserve
system. It seems to me only natural that after a century of war, inflation,
and socialism, the next hundred years would belong to those people who
hold the timeless values of hard money and fiscal prudence. Unfortunately,
our policymakers are not those people.¶
China's Hu Jintao Says Group of 20 Must Coordinate to Consolidate

Recovery Bloomberg « How about the G195 countries in the world
collectively be considered in this task of coordination owing to the abject
failure of the so-called G20 which have in lockstep coordination
precipitated this global crisis including the war mongering, war criminal
acts of the so-called nato allies et als, particularly the u.s., and as well the
likes of war criminal nation israel which have never avoided a contra-
indicated, anti-recovery war / conflict they could contrive / rationalize. The
so-called G7, 8, 9, 20, etc., are a pathetic bunch of incompetent vegetables /
jokers / showmen / clowns.

New York Times reporter calls Zionist terrorism µromantic¶ A little-noticed

comment in a New York Times interview with Israeli opposition leader Tzipi
Livni has critics arguing that it shows the media has a ³double standard´
when it comes to terrorism.
States of Crisis for 46 Governments Facing Greek-Style Deficits

Californians don¶t see much evidence that the worst economic contraction
since the Great Depression is coming to an end. Unemployment was 12.4
percent in May, 2.7 percentage points higher than the national rate.
Evans-Pritchard Announces Fed Contemplating $5 Trillion QE Expansion In
his latest column, the Daily Telegraph¶s A. Evans-Pritchard does a good job
of recapping all the various reasons why Bernanke has now completely
cornered himself, and facing a newly collapsing economy, is left with just
one recourse: the printing of more, more, more paper. History Tells US
The Euro Will Not Survive, Greece Will Get Worse, And There Will Be A
Trade Shock With the PBoC¶s currency announcement last Saturday and
the surge (!) in the value of RMB on Monday (all very kindly timed to add
zest to my meetings this week in Boston, New York, and Washington), you
would assume that today¶s entry would be all about the RMB and the effect
of the PBoC announcement.
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# !!' Is Petraeus McChrystal¶s Replacement or Obama¶s?
Paul Craig Roberts | All of this drama is playing out despite the continuing
lack of any valid reason for the american invasions of Iraq and Afghanistan.
Obama Can Shut Down Internet For 4 Months Under New Emergency
Powers President Obama will be handed the power to shut down the
Internet for at least four months without Congressional oversight if the
Senate votes for the infamous Internet µkill switch¶ bill, which was approved
by a key Senate committee yesterday Congressman Rohrabacher: Almost
All House Republicans Think Iraq War Illegal, Immoral Andrew
Napolitano¶s new Saturday show on the Fox Business Network is set to
send shock waves through the political establishment this weekend when
his guest ± Republican Congressman Dana Rohrabacher ± reveals that
almost all House Republicans now believe that the invasion of Iraq was not
only a mistake, but also illegal and immoral. New Financial Overhaul
Gives Government Broad New Powers To Seize Financial Firms The
government would have broad new powers to seize and wind down large,
failing financial firms and to oversee the $600 trillion derivatives market.
Israeli Leaders Sued in Belgium for War Crimes
U.N. confirms rise in violence in Afghanistan Obama Can Shut Down

Internet For 4 Months Under New Emergency Powers Food &
Depopulation: Scams and Solutions Cassandra Anderson | Beware of all
NGOs and so-called ³non-profit´ organizations. Congress Votes to
Impose Embargo On Iran Infowars.com | Congress believes more punitive
measures are required in order to punish the Islamic state. G20:
Activists Arrested, Denied Entry into Canada Kurt Nimmo | Charlie Veitch
of The Love Police arrested, Luke Rudkowski and fellow activists denied
entry in New York.
Israeli Leaders Sued in Belgium for War Crimes Former Prime Minister
Ehud Olmert, Israeli opposition leader Tzipi Livni and Defense Minister
Ehud Barak were among those charged with war crimes committed during
the Gaza war in the winter of 2008-09, the French daily Le Monde
reported. Congress OKs sanctions on Iran¶s energy, banks Congress
on Thursday approved tough new unilateral sanctions aimed at squeezing
Iran¶s energy and banking sectors, which could also hurt companies from
other countries doing business with Tehran.
Cybersecurity Measures Will Mandate Government ³ID Tokens´ To Use The

Internet The move to shut down and regulate the Internet, the only source
of uncensored news and truth, under a new government-controlled system
has accelerated into high gear with the announcement that the
government¶s cybersecurity strategy revolves around issuing Internet
users with ID ³tokens´ without which they will not be able to visit websites,
the latest salvo against web freedom which, in combination with Senator
Joe Lieberman¶s µkill switch¶ bill, will serve to eviscerate the free Internet as
we know it.
Turkey, the World Leader of Nations, bans israeli military flight from its
airspace as freeze deepens The Guardian -Turkey has banned an israeli
military flight from its airspace in apparent retaliation for Israel's
interception of the Free Gaza flotilla last month, in which nine pro-
Palestinian Turkish activists were killed. Turkey restricts israeli use of
airspace CNN International Turkey bars israeli planes ABC Online

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G-8 µfully believes¶ Israel will attack Iran, says Italy PM Haaretz | World
leaders ³believe absolutely´ that Israel may decide to take military action
against Iran. Britain will not defeat Taliban and should open talks, says
head of Army London Telegraph | Britain and its allies will not defeat the
Taliban with military force and should soon open peace talks with
insurgents in Afghanistan, the head of the Army said yesterday.
Kh:9&28+EE2)) Simon Maierhofer µ « AFTER EXAMINING

TECHNICAL EVIDENCE, SENTIMENT INDICATORS AND VARIOUS
VALUATION METRICS, IT BECOMES OBVIOUS THAT THE RECENT
BOUNCE PROVIDES A SELLING, NOT BUYING OPPORTUNITY ...¶
Russell: This Is One Of The Largest Tops In Stock Market History Richard
Russell has grown very vocally bearish in recent months. Earlier this year,
Russell warned that the stock market was once again becoming grossly
overvalued despite its relentless new highs. Pragmatic Capitalism June 24,
2010 Richard Russell has grown very vocally bearish in recent months.
Earlier this year, Russell warned that the stock market was once again
becoming grossly overvalued despite its relentless new highs. He has
maintained that the bear market never ended and that the world is far too
indebted to exit the bear market. He also believes the bear will not end
until all fiat currencies have failed. Although I disagree with him on many
aspects of the micro I agree with his larger macro outlook. This bear
market is not over. The secular bear market lives on. Mr. Russell thinks we
might be on the verge of a terrible collapse:
³We¶re now in the process of building one of the largest tops in stock
market history. The result, I think, will be the most disastrous bear market
since the µ30s, and maybe worse.
Question: ³What could possibly be behind such a bear market?´ you ask.
³The stock market is stirring up optimism on a weekly, if not daily basis, by
not falling apart.´
Answer: This is the ³rest´ or ³dead zone´ I was talking about. Bear markets
don¶t conclude in a day, a week or a month. Months will go by, often adding
to the bulls¶ optimism.I think the key element behind this great bear market
will be the complete destruction of all fiat currencies. This has been a long
time coming. Fiat currencies are ³wealth´ created by man. They are created
without sacrifice, without labor, without risk, and without sweat. Basically
they are an immoral device, created by secretive bankers. If you watch the
figures carefully, you¶ll note the subtle deterioration. For instance, the
advance-decline ratio, although up slightly for the week, had a relatively
weak performance with the Dow up several hundred points over the course
of the week. And we broke the trendline in May (see the chart below
showing the cumulative advance-decline line for NYSE Common Stock
only, which is what we publish in our figures (courtesy of DecisionPoint ²
www.decisionpoint.com). The vertical lines are Jan 2008, Jan 2009 and Jan
2010 as you move to the right on the chart. [CHART] My old friend, Bob
Prechter, is talking about Dow 400. I used to think this was an absurd joke.
I no longer think it¶s a joke. The ultimate result will be a primary bear
market shocking in duration and extent. «¶
Reports: IAF Landed at Saudi Base, US Troops near Iran Border Arutz
Sheva | The Israeli Air Force recently unloaded military equipment at a
Saudi Arabia base, a semi-official Iranian news agency claimed
Wednesday. h? 5! ' ! '1

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[It should be noted, and there have been a multitude of other instances,
that I¶m getting substantial µattacks¶ vis-à-vis my internet connection which
has slowed dramatically these posts. I don¶t think the interference is either
accidental or just coincidental but consistent with that similarly
experienced by critics of corrupt defacto bankrupt america of which I am
one and not alone in that regard ± slowing, militating against the
devastating truth about america. It should be noted that yet another
attempt by the criminal american government and related partners in crime
to silence an unwavering critic (to really understand america is to not be
able to stand pervasively corrupt and defacto bankrupt america and her
failed criminal cohort nations / lapdogs, ie., uk, eu, israel, etc.), in
contravention of first amendment rights / protections, and as in the RICO
case [
ofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ] to cover
up substantial crimes in which the government was / is also involved.
Some delays but a work-around is in progress. I won¶t forget this and a
price will be paid, as continues to be true. (6-22-10)THE WORK-AROUND-
IN-PROGRESS I ALLUDED TO IS NOW FOR THE MOST PART
SUCCESSFULLY COMPLETED BY WAY OF A DSL CONNECTION AND A
DELL COMPUTER.]
Cases against Wall Street lag despite Holder¶s vows to target financial
fraud Washington Post | Obama has promised to hold Wall Street
accountable for the meltdown. Drudgereport: States Take Aim at Pension
Costs... ...Bank failure pace more than double last year REPORT:
Madoff tells cellmates of $9 billion stash... they all have them « Cases
THOMAS SOWELL: Is USA Now On Slippery Slope To Tyranny?
China To Overtake USA In Manufacturing FT | The US remained the world¶s

biggest manufacturing nation by output last year, but is poised to
relinquish this slot in 2011 to China ± thus ending a 110-year run as the
number one country in factory production.
Housing Double Dip Accelerates As Existing Home Sales Plunge -2.2% In

May Versus 6.0% Consensus, Down From 8% In April
When will the SEC prosecute for market rigging? Michael Schmidt | Are the
large gold bullion banks working in collusion with the US Federal Reserve
to artificially torpedo the key rival to US dollar hegemony? China To
Overtake USA In Manufacturing FT | The US remained the world¶s biggest
manufacturing nation by output last year, but is poised to relinquish this
slot in 2011 to China ± thus ending a 110-year run as the number one
country in factory production.
Connecticut vegetable lieberman: China Can Shut Down The Internet, Why
Can¶t We « (great logic from a totalitarian zionist)? Senator joe Zelig the
zionist israeli lieberman, co-author of a bill that would give President
Obama a µkill switch¶ to shut down parts of the Internet, attempted to
reassure CNN viewers yesterday that concerns about the government
regulating free speech on the web were overblown, but he only stoked
more alarm by citing China, a country that censors all online dissent
against the state, as the model to which American should compare itself.
Mexican drug cartel threatens to harm U.S. police officers who bust drug
shipments while off-duty New York Daily News | Mexican cartels added a
new twist to the drug war this week by threatening to kill U.S. cops who
seize their goods. Former Israeli top spy calls for strike on Iran Israel
should launch a pre-emptive strike to prevent arch-foe Iran from going
nuclear, a former head of Israel¶s Mossad intelligence agency said on
Monday. Israel¶s Planned Attack on Iran from Caucasus Base A week
ago, Israel leaked to the press that they had permission from Saudi Arabia
to use their air space to attack Iran. The Saudi¶s quickly denied this.
$34 Billion Asset Manager Says Market Prices Are Manipulated, Accuses
NYSE Of Intellectual Property Theft, Debunks HFT ³Liquidity Provider´ Lies
Soros Says µWe Have Just Entered Act II¶ of Crisis Bloomberg | Soros said
the current situation in the world economy is ³eerily´ reminiscent of the
1930s. Gerald Celente: U.S. Financial Markets to Collapse by End of 2010
Infowars.com | Gerald Celente is a renowned trend forecaster, publisher of
the Trends Journal, business consultant and author who makes
predictions about the global financial markets and other events of
historical importance. Jobless Claims in U.S. Decreased Last Week to
456,000 Bloomberg | More Americans than anticipated filed applications for
unemployment benefits last week.
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@The last two weekly market commentaries have discussed how the
underlying trend of the market is now bearish and all rallies should be used
to sell stocks and reduce risks. With nearly every news outlet spouting the
bullish storyline, these articles served as an outline of a disciplined
investment strategy. Those who followed the outline have done well as the
Dow Jones Industrial Average (Dow), S&P 500, and NASDAQ each declined
over 5% since my initial warning. With the Dow still stuck below the
psychologically important 10,000 level and all three major U.S. markets
trading beneath their 200-day moving averages (MA), the bearish backdrop
is clear. Even if many are still looking for a rally, we should understand that
the primary trend is lower. Instead of focusing on how high prices will rally,
we should instead consider how much further prices can fall «¶
Greek Default Seen by Almost 75% in Poll Doubtful About Trichet Global
investors have little confidence in Europe¶s efforts to contain its debt crisis
or in European Central Bank President Jean-Claude Trichet, with 73
percent calling a default by Greece likely. 12 Reasons Why The U.S.
Housing Crash Is Far From Over Over the past several months, many in
the mainstream media have hailed the slight improvement in the U.S. real
estate market as a ³housing recovery´. US Needs Austerity Too: Hedge
Fund Strategist The United States will have to adopt austerity measures
similar to the ones taken in Europe, because the problems faced are largely
the same, Timothy Scala, macro-strategist at Sophis Investments, told
CNBC.com. Market Analyst: µBP¶s Not Going to Last as a Company
More Than a Matter of Months¶ We¶ve heard politicians, even conservative
Republicans, suggest BP would be held completely responsible for the
devastation caused by the oil spill plaguing the Gulf of Mexico, even if it
means its very existence.
Israeli Official Threatens to Kill Turkish PM Kurt Nimmo | It is

unprecedented for a top level state official to threaten a head of another
state with murder.
US Media Terrified Of Mentioning USS Liberty Do you know that an

american naval vessel was attacked by israel in international waters, 43
years ago today, resulting in the deaths of dozens of american sailors
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lawmaker's decision to join hundreds of activists on a pro-Palestinian
flotilla has elevated her from relative political obscurity, transforming her
into the poster child for the ...
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' E O$72'*!8 8'F-In the past
year, we've written a lot about the similarity between the rally of early 1930
and the one we had through April of this year. The early 1930 rally came
after the market had fallen nearly 50% in the fall of 1929. The spring 1930
rally took the market up nearly 50% again, to a level that was only about
20% below the previous peak. That rally, of course, was also the biggest
sucker's rally in history. After the market peaked in April 1930, it crashed
again, eventually ending up down 89% from the 1929 high and more than
80% from the 1930 high. The market did not reach the 1930 high again for
another quarter of a century. The rally that recently ended in April 2010
came after a crash that was actually slightly more severe than the 1929
crash (53% versus 48%). It took the market up nearly 80% from the low! The
recent rally also lasted longer than the 1930 rally did--a year, as opposed to
6 months « ]
REMEMBER: In 1930, They Didn¶t Know It Was ³The Great Depression´ Yet
In the past year, we¶ve written a lot about the similarity between the rally of
early 1930 and the one we had through April of this year. Investment
Banker: It¶s Going To Get Nasty ± Buy Land, Barbed Wire And Guns A top
investment banker has warned that the economic fallout of the sovereign
debt crisis could get so nasty over the next five years that people would be
wise to abandon the markets and instead buy land, barbed wire and
guns.
DEBT POISED TO OVERTAKE GDP Key Indicators of a New Depression

Neeraj Chaudhary | Great Depression II developing into something far
more devastating than its predecessor You¶re Being Decieved
Infowars.com | We¶re heading over an economic cliff and there¶s nothing
the government can or will do about it except lie. The Folly of Blindly
Trusting the Government
µWhat Does China Want?¶ They want to speak to Rosanne Rosanna Danna,
of course! µAsian markets tumble on fears over Hungary¶ «Riiiiight!
Hungary¶s the thing! « Rosanne Rosanna Danna, formerly of SNL fame
wanted in Asia to chime in with what her mama always used to say, µ It¶s
always something µ . Of course, it matters little to the frauds on wall street
what the something is said to be since the reality is « µThis is a global
depression. This is a secular bear market in a global depression. This was
as in prior crashes.¶ ( It should be noted, and there have been a multitude
of other instances, that I¶m getting substantial µattacks¶ vis-à-vis my
internet connection which has slowed dramatically these posts. I don¶t
think the interference is either accidental nor just coincidental but
consistent with corrupt defacto bankrupt america¶s critics of which I am
one and not alone in that regard ± slowing, militating against the
devastating truth about america.) Europe is Heading for a Depression
Despite a nearly-$1 trillion rescue operation, financial conditions in the
eurozone continue to deteriorate. All the gauges of market stress are
edging upwards and credit default swaps (CDS) spreads have widened to
levels not seen since the weekend of the emergency euro-summit. Key
Indicators of a New Depression With the mainstream media focusing on the
country¶s leveling unemployment rate, improving retail sales, and nascent
housing recovery, one might think that the US government has
successfully navigated the economy through recession and growth has
returned. :E !5 7 « but many warning flags point
towards significant deterioration in the U.S. and global economy going
forward and so I think that by the end of the year or early 2011, we could
very well be facing a new leg down in the world¶s economic situation « [I¶d
say too optimistic since, to reiterate: This is a global depression. This is a
secular bear market in a global depression. This was a manipulated bull
street churn and earn pass the hot potato scam / fraud as in prior crashes.]
european central banks intervened to shore up the ever more worthless

euro, buying into that fraudulent wall street b*** s*** story that that µs a
good thing, rallying stocks off their lows. It is amazing how dumb europe
has become so quickly. An exception is what I believe was Germany¶s
steps against derivatives, which market according to a derivatives trader
on the radio this day is a $40 trillion market (missed his name). To reiterate
as applicable to yet another fraudulent scheme previously stated, said
market is paper on paper moving around and generating commissions at
lightning computerized speed but adding no real value in real economic
terms; again, the analogy of termites eating away at the (nation¶s)
foundation is apposite. As such, that money has to come from some real
place and hence, the ever more frequent and larger crashes we are seeing.
Don¶t forget that the worthless paper from previous such fraudulent
schemes now marked to anything is still out there in a magnitude some
have placed in the hundreds of trillions.
The Worst Money Supply Plunge Since The Depression Means A Double
Dip Is Now A µVirtual Certainty¶ The stock of U.S. money as measured by
µM3ƍ money supply fell to $13.9 trillion from $14.2 trillion during the three
months ending in April. [ This is still an extraordinarily high level but « I
don¶t buy it. I believe the printing presses have been working overtime to
pump out ever more worthless fiat currency and with the many trillions of
worthless fraudulent paper still out there and marked to anything. I further
believe the same is being surreptitiously used to supplant the fraudulent
paper, the consequences of which will be devastating, of course, as is
invariably so in depressions in any event. This scenario would also mean
huge fraud accomplis. ] Fiat Money Supply Contracting at Great
Depression Level The bankster operative who helped destroy Glass-
Steagall is back. Larry Summers, Obama¶s top economic adviser, has told
Congress to ³grit its teeth´ and approve a fresh fiscal boost of $200 billion
to keep growth on track, reports the Daily Telegraph. Fiat Money Supply
Contracting at Great Depression Level Kurt Nimmo | The Federal Reserve
stopped publishing M3 figures back in 2006.

!:2 1h
!!h
?!!
#6
!1h?

!!
#
h "This is a great opportunity to sell / take profits because
there¶s much worse to come! ]
Forecasts from Dent, Napier, and then Prechter: Depression is Imminent

The Dow Jones Industrial Average will go down to at least 1000, most likely
to below 777 which was the starting point of its mania back in August 1982,
and quite likely drop below 400 at one or more times during the bear
market.
43E
$27 #
: « a good portion of these
factors will likely impact margins by the end of the year. I don¶t believe this
is adequately factored into earnings estimates across the board. Given
this, I believe we have seen the highs for the year and next few quarters will
be extremely volatile ...
Dow Theorist Richard Russell: Sell Everything, You Won¶t Recognize

America By The End Of The Year Business Insider | ³Pul ± leeze, get out of
stocks now, and I don¶t give a damn whether you have paper losses or
paper profits!´

fined and disgorgement imposed. If that were so, they wouldn¶t be worrying
about who wins / loses since those who fraudulently play, invariably would
(and should) pay. If they¶re not prosecuted, everyone loses.
POST MORTEM AND REVIEW Ricky:

A post mortem is in order. The elements of this worldwide con game are
remarkably simple, not complex at all. Apparently you only need a few
things to make a mockery of the entire global economic system, and big
banks garnered these few important things through ³regulatory capture´:
1) Unregulated, unenforced rules (particularly for derivatives)
2) license to ³mark to model´ (assign your own values to your assets)
3) ability to peg present value to irrational expected future returns (based
on unlimited, exponential growth)
4) infinite leverage (no effective requirements for reserve capital in
unregulated ³shadow´ markets)
5) massive size, so that the bank is "too big to fail"
6) non-transparency and non-accountability.
SELL IN MAY AND GO AWAY!
THE FORECASTS:
instead of 2010.
latest.
2010 and 2012
Russell Napier is the author of the book ³Anatomy of the Bear´, a professor
at the Edinburgh Business School and a consultant to CLSA Ltd. which is
one of the top research houses in Asia. Napier¶s research indicates (and I
paraphrase) that: The S&P 500 will Decline to 400 by 2014 (the Dow 30 to
3800)
The S&P 500 will then undergo a major crash that will see U.S. equity
prices bottom at almost 50% below current levels (i.e. to 400 or less; the
Dow 30 to 3800 or less) sometime around 2014 as Tobin¶s ³q´ drops to 0.3
signaling the end of the bear market, as it has done at the end of the four
largest U.S. market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve
Currency
Robert R. Prechter Jr. is author of a number of newsletters and books
including ³Elliott Wave Principle´ (1978) in which he predicted the super
bull market of the 1980s; ³At the Crest of the Tidal Wave ± A Forecast of the
Great Bear Market´ (1995) in which he predicted a slow motion economic
earthquake, brought about by a great asset mania, that would register 11
on the financial Richter scale causing a collapse of historic proportions;
and ³Conquer the Crash: You can Survive and Prosper in a Deflationary
Depression´ (2002) in which he described the economic cataclysm that we
are just beginning to experience and advised how to position one¶s self
financially during that period of time.
Depression is Imminent
The Dow Jones Industrial Average will go down to at least 1000, most likely
to below 777 which was the starting point of its mania back in August 1982,
and quite likely drop below 400 at one or more times during the bear
market.
According to the Debt Clock:
Total national debt: $13 trillion

Debt per citizen: $42,026
Debt per taxpayer: $117,982
Total interest due: $1.9 trillion
Interest per citizen: $2,211
Click here to see the Debt Clock, which is updated every second.
Total personal debt: $16.5 trillion

Total mortgage debt: $14.1 trillion
Total consumer debt: $2.45 trillion
Personal debt per citizen: $53,483
Debt held by foreign countries: $4.07 trillion
http://www.usdebtclock.org Get Real Time U.S. Debt Data


TED OLSON SEEKING TO OVERTURN CALIFORNIA'S PROPOSITION 8,

WHICH LIMITS MARRIAGE TO A MAN AND A WOMAN. After shilling for the
corrupt u.s. government as solicitor general, maybe he just wanted to go
straight [Just Kidding!]. There is no immunity, judicial or otherwise for
criminal acts. Moreover, there is no sovereign immunity for non-
governmental acts as would include involvement in the illegal drug and
related crimes, ie., bribery, etc., and the supreme court has so held against
foreign nations in the context of the RICO statute but in my RICO case
olson the liar would shill otherwise, not that he really had to worry in light
of the pervasively corrupt and wastefully costly federal courts which
should be abolished.
NATION NEWS DIGEST: J.P. Morgan Chase posts $4.8 billion profit
(Washington Post) Yet another µCome on¶ day on fraudulent wall street!
This time it¶s the unexpected jump in continuing claims for unemployment,
yesterday the downward revision to previous market-frothing retail sales
report and poor retail sales and plunge in mortgage applications and then
there¶s the fed minutes pointing to extended bad economy. Then there¶s
also now the µgoldfinger factor¶ as in goldman¶s middle finger. When you
defraud for many billions, paying $550 million is chump change. Goldman
shares rocketed 5.5% in after-hours trading. No wonder Goldman called it
"the right outcome for our firm shareholders and clients." (Absent
prosecutions, they¶ll continue to do what comes natural to frauds on wall
street). Great opportunity to sell / take profits since much worse, also
called reality beyond the b*** s***, to come. Then there¶s also the bad but
typical news; viz., previous retail sales, mortgage apps, economic outlook
down, and continuing claims for unemployment, deficits, trade / budget,
up. (Just in: 7-16-10 Poll ± only 43% of Americans approve of the
Afganistan War, down from 52% in January, 2010)
Pearlstein: Can regulation beget innovation? (Washington Post) I believe

the more seminal question to be, whether american companies, consistent
with overall american decline and corruption in so pervasive a fashion, are
capable of or inclined toward real innovation where enhancements to
productivity, as well as greater profits, is the consequence as desired.
Certainly there has been µinnovation¶ by the wall street frauds in the types
of (ultimately worthless / fraudulent) paper and high frequency trade
programs enhancing their bottom-lines but little else; and, those cutting
edge µweapons of mass destruction¶ produced or financed (israel) by
america are hardly productive in the economic sense but innovative and
profitable in the short run, and unwise and nation-bankrupting in the longer
run which we¶re in right now!
Grace Kelly: Eternal fashion icon (Washington Post) To reiterate, I seldom

comment on entertainment matters; but, I also would not pass up the
opportunity to pay homage to such a µmagnificent and exotic creature (in
the most positive sense the term is used)¶ as Grace Kelly, the Eternal
Princess. I previously referenced her in the post which follows and
includes the context of the post. One might say, London Exhibit? What?
Yet, Alfred Hitchcock¶s good taste and keen eye for splendor and beauty
was not lost on Grace Kelly about whom he publicly raved (he also
admitted his love for Cary Grant, but not that way. No, Alfred Hitchcock
was not a homo).
Mideast Digest: Wow! Belfast, Northern Ireland; and in the Mideast Digest
Section, of all places. It¶s been a long time. While I have had some
difficulties with Irish mob in the context of litigation but only tangential to
my primary RICO action vis-à-vis the Italian mob (and similarly tangentially
the jewish mob and then primarily what I learned to be µgovernmental mob¶,
federal, state, local, derivative thereby and the sine quo non of corruption /
bribery / synergy that spells decline for any nation), it is difficult to not be
empathetic to the plight of an otherwise beautiful nation tainted only by the
orange stain in that northern quarter. After all, what hasn¶t england not
mucked up from balfour to the mideast to now even their own nation
having hitched a ride on the american / israeli crazy train. As a matter of
disclosure, I must admit to an affinity for the Irish and somewhat fairly
recently had been asked what I thought of Philadelphia to which without
hesitation I immediately replied that Grace Kelly (truly magnificent by any
standard) was born there. I could think of nothing else that could parallel
such a distinction.
Congress: Gone fishing?: With the economy slowing again, scores of

nominations awaiting confirmation and major issues such as climate
change and immigration unresolved, Congress has left town for its
traditional six-week August recess. Is that smart leadership? At what point
should leaders change well-established routines to signal that 'business as
usual' is no longer acceptable? (Washington Post) [ I truly feel and without
exaggeration that the situation¶s beyond that point. Forget not the raises
they¶ve voted themselves even as the nation crashes and burns. Moreover,
in addition to incompetent, I have found them, their agencies, appointees,
etc., venal, corrupt, and meaningfully lawless (see infra). Then there¶s the
perpetual wars despite defacto bankruptcy of the nation. I don¶t think this
nation will stand, certainly not as we knew it. They¶ve made really,
irrevocably bad choices. Their incompetence is one thing; but, as I have
experienced, their corruption is quite another and totally, unequivocally
unacceptable! ]
U.S. to host Mideast peace talks (Washington Post) [ Call me skeptical,

cynical, etc., but somehow, u.s. juxtaposed with the words Mideast, peace
strains credulity and just doesn¶t ring true! ] While citing obstacles, White
House expresses hope that deal for Palestinian state may come soon.
U.S. examines private sector's role in affordable housing (Washington

Post) [ I¶m sorry to say that in pondering the so-called policy-makers in
Washington or in the corporate boardrooms that I¶m hard-pressed to
dismiss from my mind¶s eye a picture of a bunch of scarecrows fumbling
around while singing refrains such as µif they only had a brain¶ cirque the
land of the wizard of oz. The reality is that some basic grasp of economics,
finance, business would go a long way in a more positive sense for the
nation. Then there¶s those infamous internment / concentration /
µaffordable housing¶ camps that¶s been filtering through the filters, so to
speak.] The Obama administration is grappling over how much to force
private lenders to pay for apartments and homes for the poor as it presses
ahead with a major overhaul of the government's housing policy, officials
said.
#$#,0Y1%2#Y#"!Y %'Y)Y*#"!%Y %)/!Y(Washington Post) If only he hadn¶t

taken / made those calls to the Taliban, things would still be aok for
america. Yeah, they¶d be µdown with it¶. You know, everything copasetic «
Hopes « ah, yes, hopes « as in heroin high hopes, or high apple pie in the
sky hopes, or the u.s. ram that kept buttin¶ that dam high hopes? Sounds
like a plan! Riiiiight! U.S. hopes Afghanistan-Pakistan trade deal boosts
cooperation in war effort: U.S. « hopes more cooperation will aid war
effort (Washington Post)
Israeli-Palestinian peace talks expected to resume in September: Quartet

to issue invitation for Israel and Palestinians (Washington Post) Ah yes!
The sound of peace breaking out all over in the Middle East. If you don¶t
hear it, it¶s probably owing to the latest pretext by Israel to sabotage the
same.
Mideast DIGEST (Washington Post) netanayahu admits on video he
deceived US to destroy Oslo accord The contents of a secretly recorded
video threaten to gravely embarrass not only Benjamin netanayahu, the
Israeli prime minister but also the US administration of Barack Obama.
Karzai's bid to control inquiries worries U.S. (Washington Post) [My Lord!
You just can¶t make this stuff up! The americanization of Afghanistan «
hopelessly corrupt « but american µliberators¶ want their cut from the now
hopelessly corrupt liberated nation, in america¶s own image, of the heroin
trade they¶ve worked so hard to restore.] There is growing concern that
U.S. support for the war will diminish further if voters continue to see the
Afghan government as hopelessly corrupt.

CIA sees increased threat from al-Qaeda in Yemen (Washington Post) An

agency's rise and fall (Washington Post) [ Gee! I was hoping they were
referring to the cia in the latter article, but no such luck. The cia¶s already
covered the bases; creating enemies when and wherever they can, real or
imagined, and all the while, using the booty from their plunder / illegal drug
ops to bribe anyone who would charged with the responsibility of stopping
them. Yes « this is one of those instances where they¶re all in cahoots to
everyone¶s detriment. This is the way things are in a declining / fallen
nation as defacto bankrupt america most certainly is. ]
In Iraq, a precarious time plagued by 'what ifs' (Washington Post) [ How

µbout in america, a precarious time plagued by µwhat ifs¶. What if bush et
als hadn¶t lied and brought us this (these) illegal war(s). What if america
hadn¶t been bankrupted by these pointless, self-defeating, and endless war
policies. What if wobama had delivered on his promises. What if « ]
µ«"The Americans are leaving, and they didn't solve the problems," said
Falah al-Naqib, a Sunni legislator from the secular Iraqiya bloc. "So far
they've failed and left Iraq to other countries."«¶
Pentagon expanding 3 bases in Afghanistan 4 U.S. soldiers killed |
Karzai says he helped aide Al-Qaeda fighters take a limited role in
insurgency (Washington Post) [ Sounds like a grand ol¶ plan like the many
we¶ve heard before. After all, once you¶re defacto bankrupt as america
certainly is, more or less bankrupt according to u.s. group think is a
distinction without a significant difference from their failed perspective ]
Analysis of U.S. reports posted by WikiLeaks underscores extent to which
Osama bin Laden and his network have become invisible figures.Y

Afghans still see U.S. as bad guy (0

Y( ) [Riiiiight! Sounds like a
plan « winning hearts and minds throughout the world « great for exports
also as such µwon hearts and minds¶ just love to buy american.] American,
NATO forces retain blame for civilian deaths despite spike from insurgent
violence.
U.S. looks to replicate Iraq strategy, tactics (0

Y( ) [Oh right!

(0

Y( ) Sounds like a plan! Almost surreal was the appearance
Weekend: Angelina Jolie biography arrives(Washington Post ) I usually
don¶t weigh in on entertainment news, but this headline concerning what
appears to be a disparaging, and quite selectively so, purported biography
of Angelina Jolie is very disheartening when you consider the numerous
instances of failed leadership at nearly all very high levels of government
having so detrimental an impact on the world, that morton deems his time
appropriate to an actress who has actually tried to do good things (U.N.,
etc.) without having to. Indeed, even her latest film µSalt¶ (spectacular by
any standard as is her performance ± there are at least 2 winning sequels
there with 4 the max and stretching it owing to age ± she puts all, and I
mean all the µBonds¶ to shame) had an important message in terms of the
damage to this nation by a seemingly endless, nation-bankrupting, anti-
american (war criminal israelis already, and quite correctly, globally hated)
sentiment producing war strategy that is neither strategy nor reasonably
consistent with any positive american goal / objective; but rather is such a
debacle and folly that the same could very well be one that only an enemy
of defacto bankrupt america could hatch and for the reasoning set forth in
the well-written / directed film. She astutely observed and talked about the
synchronicity of the film as juxtaposed to recent events revealing that she
is wiser than most in Washington.

Afghanistan Baltimore Co. Independent Examiner | Congress voted to
extend funding for the war in Afghanistan by an additional $59 billion late
on Tuesday. Disappearing Act: $8.7 Billion of Iraq Development Money

Y'%)) Y"#!Y#YY
Tony Montana, to To Mon el Swahili and recut µScarface¶ to reflect an
Obama reminds veterans he's beginning war's end (Washington Post)

Sounds like a plan! I mean, after all you must have a beginning before you
have an end. Yeah, there¶s a certain ineluctable logic to that; a certain µring¶
to it! Like full circuit µb*** s***!

nation don¶t have.
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The Obama Deception Number 1 on U.S. Google Trends

title to the top of the major internet search engines.
In light of this development, I provide an archived site version which

appears to be complete (but will be compared with earlier version and
replaced with same if incomplete)
Censorship Alert: Obama Deception Illegally Removed from You Tube

Made to look like a hack, Thought Police Block Mega-Viral Anti-
Establishment Documentary After More than a Year of Dominating
Viewcounts, Ranking #1 in Search Engines and Waking Up Millions to the
False Left-Right Paradigm Perpetuated by Obama.
Public confidence in Obama reaches new low (Washington Post). Six in 10

Americans lack faith in Obama and hold lower esteem for members of
Congress, according to the latest Washington Post-ABC News poll. Such
stats as this tend to typify scenarios as this where you break every
significant campaign promise that got you elected, from endless war (ie.,
Afghanistan, etc.) to not prosecuting the frauds on wall street, and the
growing realization of µtypical¶: Public confidence in Obama reaches new
low (Washington Post) Six in 10 Americans lack faith in Obama and hold
lower esteem for members of Congress, according to the latest
Washington Post-ABC News poll. Such stats as this tend to typify
scenarios as this where you break every significant campaign promise that
got you elected, from endless war (ie., Afghanistan, etc.) to not prosecuting
the frauds on wall street, and the growing realization of µtypical¶:
But still it¶s µhands off fraudulent wall street¶ to theirs, the nation¶s, and the
world¶s detriment. Firms subpoenaed in attempt to regain Fannie, Freddie
losses (Washington Post). But there¶s a reason:
PROBE IN BLACK PANTHER CASE... µIn emotional and personal testimony,
an ex-Justice official who quit over the handling of a voter intimidation
case against the New Black Panther Party accused his former employer of
instructing attorneys in the civil rights division to ignore cases that involve
black defendants and white victims ...¶ US v. AZ... Cases against Wall
Street lag despite Holder¶s vows to target financial fraud Washington Post
| Obama has promised to hold Wall Street accountable for the meltdown. ):

FAB57B44063742&playnext_from=PL&index=0&playnext=1 ± well worth a
look. [ The Obama Deception Number 1 on U.S. Google Trends ]
While boner and barton are indeed jokes / vegetables that bespeak the
single-digit approval rate for congress, obama¶s failure to deliver on
promises with as well, endless war spending despite defacto bankruptcy of
the nation and a watered down nothing financial regulation bill for talking
points but little substance, make him as big a joker. This well researched /
produced video tells the real story :
FAB57B44063742&playnext_from=PL&index=0&playnext=1 µTHE OBAMA
DECEPTION¶ ± well worth the view.[ The Obama Deception Number 1 on
U.S. Google Trends ]
title to the top of the major internet search engines. In light of this
development, I provide an archived site version which appears to be
complete (but will be compared with earlier version and replaced with same
if incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv

Goldman agrees to pay $550M (Washington Post) My own skepticism

based on the disparate numbers (the size of the frauds compared to the
relatively small fine) and as set forth in the initial reactions / headlines that
immediately follow has been allayed somewhat by an interview on NBR
with former SEC head Ruder who explained the very narrow scope of the
settlement which in no way shelters goldman from the huge frauds they
have perpetrated. So long as this is true in fact as well as law and in
application, the SEC deserves praise as has been so under the auspices of
µMother Mary¶ who appears to have the gonads lacking in prior SEC heads.
Iran connects U.S./israel to deadly blasts I believe Iran!
Zahedan.

Stepped-up efforts fail to stem drug money (Washington Post) [ Come on!
Wake up! That¶s american, yes american big business. The stuff that the
war in Afghanistan is made of; viz., ie., heroin, etc.. ]Stashing cash in spare
tires, engine transmissions and truckloads of baby diapers, couriers for
Mexican drug cartels are moving tens of billions of dollars in profits south
across the border each year, a river of dirty money that has overwhelmed
U.S. and Mexican customs agents.
Carlyle-owned toy supplier files for bankruptcy (Washington Post) [ What is

a bush-involved company of paper (leveraged instruments, etc.) pushers
doing with any company doing business in the u.s. or elsewhere for that
matter. The bushes are vegetables who really can¶t do anything well,
except maybe, war, war crimes, fraud, illegal drug deals (Iran contra, etc.,
http://albertpeia.com/CIAAgentAffidavit1.jpg ) ]
State Dept. faces skyrocketing costs as it prepares to expand role in Iraq:

Waning resources could endanger security gains, lawmakers are told
(Washington Post) [ The µnew never ending story¶! america¶s defacto
bankrupt! Dat¶s the story, jerry! What gains? Iraq¶s destroyed. Iraq¶s
µcovered¶ in depleted uranium. The people are devastated. america¶s
defacto bankrupt. Come on! We¶re getting close to biblical stuff here!
There¶s just no excuse for this compounding of war crimes committed by
the u.s. and µfriends¶.]
Mideast Digest: Iran's Ahmadinejad calls for regional solution to Afghan

crisis (Washington Post) And appropriately so, as leader of a nation in the
region as opposed to invading nations from outside the region (particularly
as one targeted by assassins the likely assigns of those outside the
region).

:&('
"25#
% 5&7 % '
#%2( - Republican
chairman Michael Steele drew criticism from within his own party Friday,
including calls to resign, after saying the 9-year-old commitment of U.S.
troops to Afghanistan was a mistaken ... [Steele is quite right and wobama
and war facilitators deserve criticism; not Steele.]
Ex-Justice official: CIA may have exceeded limits (Washington Post) Wee
doggies! This sounds like the stuff that SNL Weekend Update µReally¶ skits
are made of; also fitting into that list of queries as, µIs the Pope Catholic?¶,
µDo bears **** in the woods?¶, etc.. Come on! Wake up! This is the kind of
complicit cover-up / corruption found betwixt and between all three
branches of the u.s. government leading ineluctably to america¶s current
decline and to which I¶ve attested under penalty of perjury in the context of
the RICO litigation [
ofperjury.pdf

ofperjury.pdf
attorney.
Posted by: mnjam
-----------------------



----------------------------


Rendition: Where the War on Terror Meets the War on Drugs Patrick
Henningsen | It¶s time to ditch the policies we have come to tolerate for
decades before they consume what is left of our moral core. I¶ve
experienced the corrupt inter-relationship of the government (all 3 corrupt
branches) and the illegal drug trade / obstruction of justice / bribery first
hand, particularly the courts / u.s. attorneys offices (ie., alito ± now u.s.
supreme court justice ± quid pro quo for his complicity / cover-up), feds;
see immediately after article excerpt for links / summary.

illegal practice of
!
smokescreen for
Morocco«

missing, etc.).
[
ofperjury.pdf
america¶s just a fraudulent and failed defacto bankrupt nation.



nation don¶t have.
The israeli Spin-Machine in Overdrive: dershowitz to the Rescue? Armed

Israeli commandos, the elite of the elites, rappelled to the deck of a Turkish
ship carrying humanitarian relief supplies to the 1.5 million prisoners in the
Gaza concentration camp.
h
' !5 '
5#
# !
"
Billo Says:
June 11th, 2010 at 6:15 am
controlling us?
Glen Reply:
June 11th, 2010 at 6:47 am
Lunacy it would be.
threats.



OOOOH! ISRAEL NOW IN FAVOR OF NUKES IN THE MIDDLE EAST IN

SUDDEN SHIFT IN POLICY TO FAVOR IRAN IN A VERY BIG WAY! ISRAEL
SEES THE LIGHT AND SIDES WITH IRAN ON NUCLEAR ISSUE;
ESSENTIALLY SAYS TO THE WORLD AND IRAN µTO PRESS ON WITH
NUCLEAR AMBITIONS¶.

8

+ '5-55
? #
East.
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american fraud!

be mad.


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Regards,
Al Peia


ofperjury.pdf
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Drudgereport: JUNE UNEMPLOYMENT 9.5%... 125,000 JOBS LOST...

New jobless claims rise [again]...
'Surprise'...
Pending home sales plunge record 30%...
Weak economic data suggest 'recovery' fizzling...
Fears mount over slowing global demand...
UN committee calls for dumping US dollar...
Six Months to Go Until the Largest Tax Hikes in History...
KRUGMAN: 'We are now, I fear, in the early stages of a third depression'...
STOCKS HIT LOWEST OF YEAR...
DEBT SOARS TO HIGHEST LEVEL SINCE WWII...
PRIVATE SECTOR SEES WEAKER JUNE JOBS...
Sputtering...
Bilderberg 2010: Between the sword and the wall...
Protesters 'being detained, searched, questioned'...
Final List of Participants...
Stephen Hawking: Aliens exist but don't talk to them -- it's too dangerous
« might not like us« Oh pshaw! « Human nature, man¶s inhumanity to
man? « Such humble beginnings and evolutionary history « What¶s not
to like? « Besides, not to worry. With their advanced technologies that
defy human understanding, the aliens already know you¶re here « to stay.
So, not to worry. After all, as we know from that documentary of that same
name, µEarth Girls Are Easy¶ « and then there¶s photosynthesis on earth in
a very big way also going for it! ...

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Business / Economic / Financial

  "%, h $ $#%- *% Critical levels of support were

'  '

Y DJIA down 74 (-0.7%) to 9,986

Y Hang Seng down 0.11%

Previously, as pertains to the jackson hole no-recession-helicopter-ben

The Economy When Debt Is Everywhere As a result of austerity, imposed

China Buys Euros as Fear of World Depression Grows Webster G. Tarpley |

Op-Ed Columnist - The Third  

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Drudgereport: MORGAN STANLEY: Government Bond Defaults Inevitable...

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05/11/03: (Information Clearing House) There are so many connections

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bush/Carlyle cont¶d « (after all, John Major is employed by the Carlyle

I¶ve presented them in no particular order, the common denominator is the

"Arms Buildup Enriches Firm Staffed by Big Guns"

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By Mark Fineman, , Staff Writer January 10 2002

"The Best Enemies Money Can Buy"

From Hitler To Saddam Hussein to Osama bin Laden - Insider Connections

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"Legal Group Blasts Papa Shrub on Bin Laden Link"

"BUSH WATCH«BUSH MONEY"

"CHRONOLOGY: The Bushes And The Carlyle Group" 

"The Bush-Carlyle Group Archive"  DD5

A link to a number of links on the Carlyle Group

Carlyle's way Making a mint inside "the iron triangle" of defense,

"The Carlyle Group" ' D

Alfred Mendes looks at a single US investment corporation and asks some

 '" ">> ' D

By Daniel Gross Tuesday, April 15, 2003

"The Big Guns: The Carlyle Group and Defense Lobbying"

"The Pakistan-India conflict is being funded and fomented by the same

"Meet the Carlyle Group"

"Carlyle group scandal"

WIKIPEDIA http://en.wikipedia.org/wiki/Carlyle_Group µThe Carlyle Group

Economy Caught in Depression, Not Recession: Rosenberg

Op-Ed Columnist - The Third  

Harry Dent, Jr. Economy will be in a Depression by 2011

INSIDER TRANSACTIONS (Washington Post) Stock market ends down for

Drudgereport: MORGAN STANLEY: Government Bond Defaults Inevitable...

Even Tony Robbins Is Warning That An Economic Collapse Is Coming It

$;'   *9;$ $1h!

Consumers Dropping Pay TV Services Investors.com | The number of

Harry Dent, Jr. Economy will be in a Depression by 2011

INSIDER TRANSACTIONS (Washington Post) Stock market ends down for

Even Tony Robbins Is Warning That An Economic Collapse Is Coming It

Alex Jones Exposes Google¶s Plan to Dominate the Internet Infowars.com |

The Never Ending Recession Mr. Rosenberg believes we could see a

Second Hindenburg Omen Confirmation In As Many Days, Third H.O. Event

Boehner calls for mass firing of Obama's economic team (Washington

Frank to hold hearing on regulation of Wall St. pay (Washington Post) [

Hardship 401(k) withdrawals set record in second quarter: More workers

Soros Bailing Out of U.S. Stock Market Y0

We¶re Underperforming The Great Depression In real (inflation/deflation-

Home Sales Plunge to Record Low 3Y' | Sales of existing homes

Unemployed group blasts Geithner¶s handling of economy 'Y, |

"%, h $$#%- *% Critical levels of support were

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Y DJIA down 74 (-0.7%) to 9,986

Y Hang Seng down 0.11%

Op-Ed Columnist - The Third

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By Mark Fineman, , Staff Writer January 10 2002

"CHRONOLOGY: The Bushes And The Carlyle Group"

"The Bush-Carlyle Group Archive" DD5

"The Carlyle Group" ' D

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Op-Ed Columnist - The Third

$;' *9;$$1h!

Soros Bailing Out of U.S. Stock Market Y0

Home Sales Plunge to Record Low 3Y' | Sales of existing homes

Unemployed group blasts Geithner¶s handling of economy 'Y, |

µPre-Crime¶ Reaches Number 1 Google Trend Spot . Y

The Fraud Of (a.k.a. Barack Hussein Obama) (Feb. 24 ...

µPre-Crime¶ Reaches Number 1 Google Trend Spot . Y

Pre-Crime Technology To Be Used In Washington D.C. %Y0

Grim future for young workers in µpensioner ghettos¶ ' | Parts of

Soros Bailing Out of U.S. Stock Market Y0

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