Al Peia's Blog: April 27, 2011 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 (Only up to 3-11-11-you must be logged in - (Washington Post) [ Comments COMMENTS ARE CLOSED WHILE WE UPGRADE OUR SYSTEMS ] the comments are no longer archived on their site ) . The following is the cumulative archive of blog posts / topics for 2010 as the new year starts anew (and archived by quarter): http://albertpeia.com/December312010postsarchive.htm or PDF formatted version
http://albertpeia.com/December312010postsarchive.pdf ]

Gerson: How serious are we about the deficit? (Washington Post) [ Not too! I mean come on! Davis ‘… This is how we pay off our current debts and I think bondholders are simply happy to get anything out of a country that admits it owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn (entire global GDP) in the form of unfunded liabilities. The funniest thing about this (and you have to laugh) is to see Conservative pundits get on TV and talk about how we need to cut $100Bn worth of discretionary spending to "fix" this (while continuing to spend $1Tn on the military and $1Tn on tax cuts for the top 1% each year). There is no fixing this and even a Republican said you can’t fool all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT THERE! ‘ … Suckers’ rally to keep suckers suckered: Philadelphia Fed Depresses Economists Durden ‘On Thursday April 21, 2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is about to be mass revised by everyone, courtesy of Japan, and ongoing inflation pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high) to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits while you still can since there's much worse to come!

The Economic Collapse: 24 more signs of economic decline in America…

#1 On Monday, S&P altered its outlook on U.S. government debt from “stable” to “negative” ..at the rest of the world is losing faith in the U.S. dollar and in U.S. Treasuries.

#2 China has announced reducing their holdings of U.S. dollar

#3 .. “panic dollar selling is setting in” and U.S. dollar in for a huge decline.

#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.

#5 Bad economy is causing “ghost towns” to appear all across the U.S..

#6 There are now about 7.25 million less jobs in America than when the recession began back in 2007.

#7 The average American family is having a really tough time - Only 45.4% of Americans had a job during 2010. .

#8 Only 66.8% of American men had a job last year- lowest level ever ..

#9 Avg CEO made 343 times more money than the average American

#10 Gas prices five dollars per gallon at gas stations.. $6 gas soon …

Fed Chairman Bernanke does reality TV (Washington Post) [ Except the ‘NO-RECESSION HELICOPTER BEN B.S. BERNANKE’ show is scripted unreality … even with his reduction in estimate for ‘economic growth’, the frauds on wall street still rallied. Bernanke prepares to make history (Washington Post) [ He already has! $6 gas acomin’, $1,508+ gold, $46+ silver, other commodities at record levels, hyperinflation as predicted well on the way from over-printing of fiat paper currency by fed as predicted, etc., Equity Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite the terrible economic performance of the past ten years, equity valuations are the 2nd largest bubble in U.S. history... According to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued according to this valuation metric. The only time the markets have been more overvalued was a few brief months in 1929 and the tech bubble

... growth in earnings have been artificially manufactured...

· The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.

· The extended (and then further extended) unemployment benefits have kept an artificially higher demand for consumer consumption. As a result, the US government has artificially subsidized corporate profits.

· The billions saved through “free loading” by homeowners who have defaulted on their mortgages yet maintained their residence, thus living without a mortgage payment.

· The artificially suppressed interest rates...

Dave's Daily 'If you can keep interest rates this low this long, its inevitable cheap financing can allow companies to start cobbling each other up. Further Ben's policies allow companies like IBM to sell bonds at 1% and buy back shares with the proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary Dealers can buy back their shares and pay dividends with what essentially is taxpayer money-- … an especially great opportunity to sell / take profits while you still can since there's much worse to come!

ATTENTION: REPORTERS – HIP BOOTS MANDATORY, WADERS RECOMMENDED SINCE YOU’LL BE AT LEAST KNEE-DEEP IN ‘NO-RECESSION HELICOPTER BEN B.S. BERNAKE’ B*** S***! ] On Wednesday, he will be the first Fed chairman to take on-the-record questioning from the media.

24 Signs Of Economic Decline In America ‘The United States is in the middle of a devastating long-term economic decline and it is getting really hard to deny it. ..’ ]

Milbank: Obama’s birther day (Washington Post) [ Wobama produces birth certificate … Mr. Milbank and fraudster / mobster trump both declare victory … though some say not so fast …

Obama Is Right, There Are More Important Issues Than His Birth Certificate Barack Obama’s assertion today that there are more important things to worry about than the place of his birth is technically accurate. As we have documented since the very beginning of his presidential campaign, the birther issue is, in the main, a distraction, a smokescreen designed to whip up a frenzy that has effectively concealed a much bigger story, the history of the CIA creation Barry Soetoro.

VIDEO: Obama slams birthplace claims as ‘silliness’

Obama Birth Certificate “Raises As Many Questions As It Answers”

TRUMP TO GIBBS: YOU'RE 'A LOSER' [‘Another trumped-up case of the pot calling the kettle black’]... TRUMP: Obama Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa mobster trump would pound the undistinguished academically / athletically, Donald with the mantra, ‘you’re a killer, you’re a king’ in film noir melodramatic fashion which proved too much for the more balanced and ‘chosen / favored’ elder brother trump who committed suicide. The old man also required trump to go to prep / military / boarding school where according to a classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as dumbya bush … mobster trump and people like trump are part of the problem (total b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes, jersey / new york), not the solution. Indeed, trump is an interesting mental case in that he evolved from narcissist (those inflated grandiose moods coupled with feelings of inferiority – he loved to obsessively read those hitler speeches for inspiration and to pump himself up according to Ivana Trump) to severe case of antisocial personality disorder [ predatory disregard for and violation of the rights of others – hence, those sophomoric soundbite solutions to complex problems as, ie., taking oil fields(Libya), 25% tariff on Chinese (actually including american goods made in China), drug money laundering in his casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]

‘Birthers’ are freshly suspicious (Washington Post) Those who don’t think the president was U.S.-born aren’t ready to bury the controversy. [Milbank: Obama’s birther day (WP) [ Wobama produces birth certificate … Mr. Milbank and fraudster / mobster trump both declare victory … though some say not so fast …

Obama Is Right, There Are More Important Issues Than His Birth Certificate Barack Obama’s assertion today that there are more important things to worry about than the place of his birth is technically accurate. As we have documented since the very beginning of his presidential campaign, the birther issue is, in the main, a distraction, a smokescreen designed to whip up a frenzy that has effectively concealed a much bigger story, the history of the CIA creation Barry Soetoro.

VIDEO: Obama slams birthplace claims as ‘silliness’

Obama Birth Certificate “Raises As Many Questions As It Answers”

Petraeus to helm more-militarized CIA (Washington Post) [ I personally unequivocally believe there has already been a defacto coup d’etat in america. Drudgereport: Pentagon Warns Obama Against Deeper Defense Cuts ... (And where is it going to come from ... we've already had in pervasively corrupt, defacto bankrupt, war crimes nation america a defacto coup d'etat) ... Ron Paul: After ‘CIA coup,’ agency ‘runs military’ US House Rep. Ron Paul says the CIA has has in effect carried out a “coup” against the US government, and the intelligence agency needs to be “taken out.” I also personally believe there has been a defacto coup d’etat 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! Top Mexican Drug Lord: I Trafficked Cocaine For The U.S. Government The “logistical coordinator” for a top Mexican drug-trafficking gang that was responsible for purchasing the CIA torture jet that crashed with four tons on cocaine on board back in 2007 has told the U.S. District Court for the Northern District of Illinois in Chicago that he has been working as a U.S. government asset for years. Rendition: Where the War on Terror Meets the War on Drugs Henningsen | ... 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.

…“Evidence points to aircraft – familiarly known as “torture taxis” – used by the CIA to move captives seized in its kidnapping or “extraordinary rendition” operations through Gatwick and other airports in the EU being simultaneously used for drug distribution .. 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. .. was one of the very same planes chartered to the CIA for the rendition of suspected terrorists prisoners…’]

Fed Spin Lifts Stocks: Dave's Daily ‘It's a con plain and simple. I've bought into it because I must. Overall we're long and will be until the jig's up. Until then, I've advised subscribers for many months that our Lazy Portfolios are the path to success as Fed policies steamroll most technical systems beyond HFTs [high-frequency traders]. When it ends, and it will, it's back to business as usual. Earnings have been good, especially for companies (MMM, KO, MCD and etc.) where a weak dollar has led to grand overseas profits. Most of those gains remain stashed abroad and will remain there until U.S. corporate tax policy changes--a cold day in hell IMHO. Further, Fed policies have been positive for financial engineering, M&A, corporate debt financings and stock buybacks. This is the result of a sea of liquidity finding its way to Wall Street which trickles down to S&P 500 companies. It leads to minimal gains in U.S. employment as companies are stimulated to outsource work overseas. It does not lift real estate prices off the deck either. The great con remains current inflation, which Bernanke alluded to briefly in his comments today. They cling to "core" inflation as their measure of choice while we commoners who shop everyday for essentials know better. Turbo Tim even had the nerve to say the other day high gas prices are something we'll just "adjust to" and "won't hurt" the recovery. He has a government car and driver. He also had the nerve to reiterate the necessity to maintain a strong dollar. Yikes! The Fed expects GDP to grow between 3.1 and 3.3% this year. Thursday's GDP data may serve as a guide although expectations are for a weaker report. It's been a strange week as the dollar continued to slide, commodities rallied and stocks moved higher on ultra light volume. As to the latter, where is everybody? Most retail investors are content to hang on to their IRAs and 401Ks but they're still distrustful of markets. From the data it seems they'd rather have a new car or TV which is something they can trust. Current trading patterns remain dominated by HFTs whether from institutional trading desks or hedge funds. This is the way we've rolled since QE2 began...’

Is the Market Crazy? [ Short answer: Yes! Fraudulently, criminally insane type crazy! ]

Can Dollar Weakness Mean Equity Weakness? Kaspar ‘Are there any dollar bulls left? Inflationists across the web are crying ‘victory’ as the dollar sinks and certain asset prices (especially oil prices, food prices, and the gold price) mushroom higher. To the level-headed, you should exercise extreme caution against assumed fixed correlations like “weak dollar” means “asset price increases.” Correlations can quickly change.

A mentor of mine consistently preaches that the market will always do whatever it can to make most investors look foolish. Contrary to conventional wisdom, there is a case that investors should at least consider: that an accelerating decline in the dollar could turn asset prices negative, at least in the short term.

The 1987 crash is an appropriate case study. The cause of that October market crash, when the S&P 500 lost 20.5% in a single day, has never been thoroughly explained. No major event could be credited as the catalyst for such a monstrous and rapid decline.

Portfolio insurance, rapidly rising long term US interest rates, a series of preceding market declines during the week leading up to the crash, and a weakening US dollar are all mentioned as possible triggers. In truth, it was likely a confluence of these and other factors that ultimately pushed the market to a tipping point.

One macro factor stands out among the rest: the rapidly weakening US dollar leading up to Black Monday.

Beginning in late July of 1987, the dollar, after already falling to a seven year low just a few months prior, began a steep decline. A much wider trade deficit than expected was thought to have accelerated the dollar’s descent.

US Dollar: 1987

http://seekingalpha.com/article/265995-can-dollar-weakness-mean-equity-weakness?source=yahoo

Over the long term, all things being equal, it is logically sound to conclude that a weakening dollar must cause assets priced in dollars to rise. However, in the short term, markets are not always logical and can anticipate the next move by world bankers. In 1987, the U.S. dollar lost 10% in roughly three months. During the same time span, the equity markets lost close to 30%. Such a move contradicts today’s accepted wisdom.

Though the Federal Reserve has approached its dollar policy with the same restraint as Charlie Sheen at Happy Hour, we should avoid approaching every scenario with broad generalizations, regardless of one’s long term view on the dollar. In the financial markets, nothing goes in a straight line, and correlations tend to break down if certain asset classes move too violently.

US Dollar: Last Twelve Months

http://seekingalpha.com/article/265995-can-dollar-weakness-mean-equity-weakness?source=yahoo

While the last twelve months have been unfavorable for the dollar, and while assets have benefited from the Federal Reserve’s currency abuse, correlations do seem to be diverging. Over the past year, the dollar is down roughly 8% and the S&P is up about 9%. But the market has begun reacting more coolly towards a weakening dollar as oil prices have accelerated higher. In fact, in the past two months, the dollar is down 4.25%, and the S&P 500 is down 1%. In the last two weeks, the dollar is down 1.45% and the S&P 500 is down about 1.1%. These moves are in stark contrast to the performance of the past year, so the trend is clearly weakening.

I might worry that if the dollar begins a sharp move downward, the Fed may be forced to approach dollar policy with greater restraint, which could instigate a strong market reaction.

I am fairly agnostic on the dollar’s next move, and I am unsure how that next move will correlate with asset prices. Furthermore, I do not intend to predict an imminent market crash. I simply revisit this history lesson to emphasize a few broader points:

Long term correlations do not necessarily equate to the same correlation in the short term.
In the short term, crashing asset prices can - and often have - occurred alongside a crashing currency. (This occurred in Europe last year.)
Investor sentiment against the dollar is heavily skewed, which should make market observers nervous.
The Fed may desire a weaker currency, but it is in their best interest to keep the decline orderly. If a dollar decline were to become chaotic, it would force a Fed reaction that could be unfriendly to the market.

Extreme dollar bears (and asset bulls) should be cautious. The markets do not move in straight lines, and the only certainty in volatile markets is uncertainty. A handy life jacket is worthwhile if the boat flips.’

Bernanke prepares to make history (Washington Post) [ He already has! $6 gas acomin’, $1,508+ gold, $46+ silver, other commodities at record levels, hyperinflation as predicted well on the way from over-printing of fiat paper currency by fed as predicted, etc., Equity Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite the terrible economic performance of the past ten years, equity valuations are the 2nd largest bubble in U.S. history... According to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued according to this valuation metric. The only time the markets have been more overvalued was a few brief months in 1929 and the tech bubble

... growth in earnings have been artificially manufactured...

· The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.

· The billions saved through “free loading” by homeowners who have defaulted on their mortgages yet maintained their residence, thus living without a mortgage payment.

· The artificially suppressed interest rates...

24 Signs Of Economic Decline In America ‘The United States is in the middle of a devastating long-term economic decline and it is getting really hard to deny it. Over the past year I have included literally thousands of depressing statistics in my articles about the U.S. economy. The Economic Collapse April 23, 2011 The United States is in the middle of a devastating long-term economic decline and it is getting really hard to deny it. Over the past year I have included literally thousands of depressing statistics in my articles about the U.S. economy… the U.S. economy is in deep decline and is dying a little bit more every single day…

Treasury quietly plans for debt showdown (Washington Post) As White House warns of catastrophe if Congress fails to raise the debt ceiling, Geithner is working behind the scenes to juggle the books and conserve cash. [ Quietly? Hardly. It’s probably the most trumpeted quiet plan in the history of this now defacto bankrupt nation. Davis ‘… This is how we pay off our current debts and I think bondholders are simply happy to get anything out of a country that admits it owes $15Tn (1/4 of global GDP) but probably owes closer to $60Tn (entire global GDP) in the form of unfunded liabilities. The funniest thing about this (and you have to laugh) is to see Conservative pundits get on TV and talk about how we need to cut $100Bn worth of discretionary spending to "fix" this (while continuing to spend $1Tn on the military and $1Tn on tax cuts for the top 1% each year). There is no fixing this and even a Republican said you can’t fool all of the people all of the time. THIS HOUSE OF CARDS IS TEETERING FOLKS – PLEASE BE CAREFUL OUT THERE! ‘ … Suckers’ rally to keep suckers suckered: Philadelphia Fed Depresses Economists Durden ‘On Thursday April 21, 2011, 1:32 pm EDT And here comes the first indicator that Q2 GDP is about to be mass revised by everyone, courtesy of Japan, and ongoing inflation pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high) to 18.5, the lowest since November 2010… This is an especially great opportunity to sell / take profits while you still can since there's much worse to come!]

America Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog.. the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling In May Is Very Good Advice This Year Harding / April Is a Good Time to Sell Adler Equity Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar 'Despite the terrible economic performance of the past ten years, equity valuations are the 2nd largest bubble in U.S. history... According to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued according to this valuation metric. The only time the markets have been more overvalued was a few brief months in 1929 and the tech bubble

... growth in earnings have been artificially manufactured...

· The change in accounting rules for the financial sector by FASB has generated massive “false” account profits beginning in 2009.

· The billions saved through “free loading” by homeowners who have defaulted on their mortgages yet maintained their residence, thus living without a mortgage payment.

· The artificially suppressed interest rates...

Chinese Stocks Send Warning Signals

Federal Reserve Press Release April 27, 2011 Federal Reserve The economic recovery is proceeding at a moderate pace and overall conditions in the labor market are improving gradually.

Fed Says Recovery is ‘Moderate’; Bond Buying to End in June Bloomberg | Federal Reserve policy makers said the economy is recovering at a “moderate pace” and a pickup in inflation is likely to be temporary.

20 Questions for Ben Bernanke Zero Hedge | The Fed is expected to continue the QE2 Lite mandate.

Bernanke seen indicating no haste to tighten Fed policy Federal Reserve Chairman Ben Bernanke on Wednesday will likely use his first-ever news conference on monetary policy to hammer home the case for a patient approach to withdrawing the central bank’s extensive support for theU.S. economy.

What Is Outsourcing? Once upon a time in America, virtually anyone with a high school education and the willingness to work hard could get a good job. Fifty years ago a “good job” would enable someone to own a home, buy a car, take a couple of vacations a year and retire with a decent pension. Unfortunately, those days are long gone.

ECONOMIC CRISIS ARCHIVE

(4-27-11) Dow 12,690 +95 Nasdaq 2,869 +22 S&P 500 1,355 +8 [CLOSE- OIL $113.44 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $3.82 (reg. gas in LAND OF FRUITS AND NUTS $4.20 REG./ $4.30 MID-GRADE/$4.40 PREM./ $4.54 DIESELL) / GOLD $1,530 (+24% for year 2009) / SILVER $48.09 (+47% for year 2009) PLATINUM $1,821 (+56% for year 2009) Metal News for the Day / DOLLAR= .68 EURO, 80 YEN, .60 POUND STERLING, ETC. (How low can you go - LOWER)/ Interest Rates: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield 10 YR NOTE YIELD 3.37% …..… 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 The bull market that never was/were beyond wall street b.s. when measured in gold ‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic / Financial Data This Depression is just beginning The coming depression… thecomingdepression.net 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!

National / World

Obama Is Right, There Are More Important Issues Than His Birth Certificate Barack Obama’s assertion today that there are more important things to worry about than the place of his birth is technically accurate. As we have documented since the very beginning of his presidential campaign, the birther issue is, in the main, a distraction, a smokescreen designed to whip up a frenzy that has effectively concealed a much bigger story, the history of the CIA creation Barry Soetoro.

VIDEO: Obama slams birthplace claims as ‘silliness’ In an extraordinary and surreal live television appearance, President Barack Obama on Wednesday slammed conspiracy theories that he was not American-born as carnival-style silliness.

Obama Birth Certificate “Raises As Many Questions As It Answers” Despite some political commentators insisting that the White House release of what it claims to be Barack Obama’s long form birth certificate represents the end of the “crazy birther fringe” movement, those who most fiercely pushed doubts surrounding the president’s eligibility are not convinced.

White House Releases Obama Birth Certificate; Fox News Says Case Closed White House Communications Director Dan Pfeiffer said today the decision was made to release the full document in response to increased attention on the issue, including a political stunt by Donald Trump, who claims he may challenge Obama in 2012 for the presidency.

Miss America Sexually Molested by TSA In the video below, the former beauty queen who held the Miss America title in 2003, Susie Castillo, said a TSA “screener” fondled her vagina during an intrusive pat-down.

Congressional Study: Largest Banks Likely Profited By Borrowing From Federal Reserve, Lending To Federal Government A newly-released study from the Congressional Research Service bolsters claims that the nation’s largest banks profited off the Federal Reserve’s financial crisis-era programs by borrowing cash for next to nothing, then lending it back to the federal government at substantially higher rates.

Top Mexican Drug Lord: I Trafficked Cocaine For The U.S. Government The “logistical coordinator” for a top Mexican drug-trafficking gang that was responsible for purchasing the CIA torture jet that crashed with four tons on cocaine on board back in 2007 has told the U.S. District Court for the Northern District of Illinois in Chicago that he has been working as a U.S. government asset for years.

Ex-CIA chief: Kadhafi was good partner The former chief of the CIA on Tuesday praised Libyan leader Moamer Kadhafi’s past cooperation and said his downfall could complicate US interests

Telegraph Blasts Alex Jones on Royal Wedding Telegraph | Americans are obsessed with the royal wedding – although not always in the way that you might expect.

Miss America Sexually Molested by TSA Kurt Nimmo | Castillo subjected to groping after she refused to enter naked body scanner at airport in Dallas, Texas.

Obama Birth Certificate “Raises As Many Questions As It Answers” Paul Joseph Watson | If you thought the birther controversy was finished, you ain’t seen nothing yet.

Obama Produces Purported Long Form Birth Certificate Kurt Nimmo | White House releases purported certificate as political pressure mounts to come clean on citizenship.

Drudgereport: SPOOK SHUFFLE: PETRAEUS TO CIA, PANETTA TO PENTAGON (americans-just a bunch of spooks!)...

Afghan officer fires on U.S. troops, kills 9 [american war criminals winning hearts and minds]...

BERNANKE: Here comes the inflation...
GOLD RECORD -- AGAIN...

Banks Warn Obama on Soaring Debt Problems...

Gasoline futures jump 6 cents in one day...

In a rational nation that wasn’t in decline as pervasively corrupt, defacto bankrupt america, trump and sister Maryanne would both be in prison.

'Terrible student,' not good enough for Harvard... Biden daughter trashes Trump...
Bill Cosby slams: 'He's full of it!'...
Trump Takes On NYT, Gail Collins...
Admires her for surviving 'so long with so little talent'...
NBCWSJ POLL SHOCK: TRUMP #2 GOP [ NBC where t_rump has his Jerry Springer derivative shock-jock show and sinkhole new york's fraud street journal … poll? … Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider firing Donald Trump Daily Caller ... Milbank: Donald trumps CPAC | Gibbs gone (Washington Post) [ Trump’s a loser, dressed up and propped up by and to shill for a declining, fallen nation in the most corrupt regions (ie., new york, jersey, etc.) of the country (every fallen nation has such); of that there is no question …"Over the years I've participated in many battles and have really almost come out very, very victorious every single time," the Donald said. (Except for the bankruptc[ies], that is. [ trump’s never won a battle that wasn’t fixed in advance (including the ‘pre-packaged bankrupcies’ crammed down the throats of objecting creditors – jersey general ] He also with his corrupt mob ilk 'chased' Steve Wynn out of jersey – Steve Wynn's doing extremely well in Macau and Vegas.) "I've beaten many people and companies, and I've won many wars," he added. (Though he didn't serve in the military.) "I have fairly [according to mobster rules; ie., bribery, money laundering, etc.] but intelligently [ as any other mob boss … trump is total b*** s***, a fraud, and lightweight … and, despite the façade, quite insecure … trump’s a total mental case … He truly is the ‘poster-boy’ of american decline and part of the problem, not the solution! …trump also said america’s become the laughingstock of the world … true enough … and trump the biggest joke … NEWS FLASH: Direct from Lost Angeles Learning Annex – Presenting mobster t_rump of new yoke, new joyzey, and now caleefornia mob fame with his continuing message for the past several years: buy real estate (and watch the values go down…..riiiiight!).
Bank sues Trump over Chicago tower loan...
Trump casino to miss interest payment...
trump’s fired (from ‘his own company’)

Gunfire Erupts Inside trump Taj Mahal Casino, 1 Dead - Second Such Incident In A Year At N.J. Mainstay Ends With Employee Killed – What else would you you expect from a mobster’s casino in mob-infested jersey!

Trump luxury resort folds, leaving buyers defrauded…litigation has commenced…send for sister maryanne, the corrupt federal judge to preside, coverup, etc., she’s in n.y./n.j./pa 3rd circuit ct appeals, understands drug money laundering/fraud and handles her own motions to recuse her and like mobster trump should be in jail ... (see RICO Case)] earned many billions of dollars [ at whose expense ], which in a sense was both a scorecard and acknowledgment of my abilities [ to fool most of the people, all of the time. ] ." TRUMP DRAWS CHEERS, BOOS AT CONSERVATIVE CONFERENCE... PONDERING PRESIDENTIAL RUN... [Don’t make me laugh! … Donald T_rump Would Impose 25% Tax on China Imports if President [ trump also said america’s become the laughingstock of the world … true enough … and trump the biggest joke … Indeed, that trump even posits the possibility of a run when he should be in jail is a testament to just how big a laughingstock pervasively corrupt, defacto bankrupt america’s become! [ If he was mobster in chief, mobster and scoundrel trump wraps himself in populist american flag and offers up an (too little too late – typical lightweight) implausible solution to keep ‘the juice’ flowing though he’d already be in jail in a rational, non-declining nation with meaningful laws. All China has to do is dump (and not prospectively buy) their ever more and declining in value day-by-day (from dollar debasement policies) u.s. paper / bonds and overnight and the u.s. economy consequently thereby collapse. [ When you come right down to it, this has been america’s most significant export. Indeed, this irrevocable structural shift, hailed by cia men hw bush and clinton (clinton couldn’t have survived with them) by way of NAFTA as the greatest thing since sliced bread was indeed in no uncertain terms condemned and warned against by Perot, a man of honor who, unlike his opponents, could not be bought, which is the reason, in pervasively corrupt america, he could never have been elected. Interestingly, you may have noticed the good (but not great, other than the spotlight on pervasive bribery including judges, police, politicians, etc., being far too light) the film ‘The Untouchables’ getting a wide re-airing of late, purporting to be a significant part of american folklore / history / culture. However, the reality is that in america, and certainly today, the real story with impact is that of ‘The Touchables’. The reality is that Elliot Ness died a broken man; bankrupt, unable to even win election to the mayoralty of his then current hometown. He was incorruptible; and hence, in the real america, unelectable at the least if not also all but unemployable (he and his are among those few genetic anomalies in america as I’ve previously alluded to. How far america has fallen from even false perception! Pervasively corrupt, meaningfully lawless america can’t even fake it anymore. See, for example, http://albertpeia.com/CIAAgentAffidavit1.jpg http://albertpeia.com/FBIAgentAffidavit11.jpg , and of course, corrupt legal / judicial processes, etc., Defacto bankrupt, fraudulent america also spends more on offensive (defensive a misnomer / propaganda) military spending than all the nations of the world combined, and by a large margin at that. Do you see a pattern emerging here [ I unfortunately only belatedly did, and the feds, fed employees, cia, all 3 branches of the u.s. government, etc., are included in this evolved american trait of inherent criminality in the most nefarious sense … The pervasively corrupt american illegal system … corrupt u.s. courts / (lawyers) / 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 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 3^rd 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.). [ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]. america’s just a fraudulent and failed defacto bankrupt nation. ] “I would announce, without equivocation, a 25% tax increase on anything purchased from China.” ]

National security shake-up expected (Washington Post) [ Shake-up? I don’t think so. There may have been a time when a such changes, be it personnel, policy, etc., might as per the following reference be slight exaggeration; but no more, as all such now is literally a rearrangement of the deck chairs on the uss Titanic. Nothing succeeds quite like failure in america these days! Poll: Egyptians skeptical about U.S. Egyptians have an unfavorable view of the U.S., but they are also divided over Islamic fundamentalists. (Washington Post) [ Hey! … Guess what? … americans and the rest of the world (except zionist israel, zionists, and old biddy britain) are skeptical and have an unfavorable view of america. The Economic Collapse: 24 more signs of economic decline in America…

#1 On Monday, S&P altered its outlook on U.S. government debt from “stable” to “negative” ..at the rest of the world is losing faith in the U.S. dollar and in U.S. Treasuries.

#2 China has announced reducing their holdings of U.S. dollar

#3 .. “panic dollar selling is setting in” and U.S. dollar in for a huge decline.

#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.

#5 Bad economy is causing “ghost towns” to appear all across the U.S..

#6 There are now about 7.25 million less jobs in America than when the recession began back in 2007.

#7 The average American family is having a really tough time - Only 45.4% of Americans had a job during 2010. .

#8 Only 66.8% of American men had a job last year- lowest level ever ..

#9 Avg CEO made 343 times more money than the average American

#10 Gas prices five dollars per gallon at gas stations.. $6 gas soon

#11 .. 12 months the average price of gasoline in the US has gone up by about 30%.

#12 Due to rising fuel prices, American Airlines lost a staggering $436 million during first qtr 2011.

#13 U.S. households now receiving more from the US gov’t than they are paying to the government in taxes.

#14 1 of 4 dollars that the U.S. govt borrows goes to pay the interest on the national debt.

#15 Total home mortgage debt in the United States is now about 5 times larger than it was just 20 years ago.

#16 Total credit card debt in u.s. more than 8 times larger than 30 yrs ago.

#17 Avg household debt in the United States has now reached a level of 136% of avg household income. In China, avg household debt is only 17% of avg household income.

#18 Avg American spends approximately 23 percent .. on food and gas.

#19 .. 74 percent of u.s. said that they planned to slow down their spending

#20 59 percent u.s. receive money from the govt ..

#21 avg length of unemployment in the U.S. is now an all-time record 39 weeks.

#22 u.s. random acts of violence”…

#23 Americans are popping the gold teeth right out of their mouths / selling them to pawn shops.

#24 ..u.s. people gobbling up larger and larger amounts of antidepressants / other drugs. ..’ ]

The president, lost in thought (Washington Post) In politics, deep and complex thinkers such as Obama can seem adrift. [ How ‘bout just lost! Wobama apologist Mr. Milbank is at it again;viz., new ways to explain away wobama’s reflection at trying to remember what he previously said so as not to appear as to have been as disingenuous as you’d expect a common liar to be. Yet, I believe Mr. Milbank misreads the current signs which in fact reflect for ‘wobama the b’ (for b* s*) a current loss beyond thought which has cast him into a ‘funk’: Drudgereport: `TELEPROMPTER INVENTOR DIES... (Wobama ‘goes in mourning … day of silence declared’)`

Attorney General Holder defends his tenure (Washington Post) [ Defending the indefensible! Yes … there is no defending this ag … He should step down, forced to resign … Obama faces fundraising test in California (Washington Post) [ Test? You mean intelligence test for those Californians? A cliché, aphorism is apposite: ‘Fool me once, shame on you. Fool me twice, shame on me’. Now frauds on wall street got value for their bribes; viz., no prosecution of their continuing nation-destroying frauds, yet cleaning up the frauds with prosecutions was the presumption upon which their support was predicated , at least in part. Certainly Hollywood spoke with their academy award for ‘Inside Job’ . Roche 'The worst part of it ...Obama, who vowed change, has done almost nothing to fix any of it and in fact continues most of the policies that helped get us here in the first place’ ‘INSIDE JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with oscar in hand that not one high level wall street exec has been prosecuted … despite ‘earning’ billiions from the fraud ), the commentator / experts recommend getting rid of the corrupt eric holder ( what do holder and wobama have in common … wall street money? … a proclivity for jive-talking / b* s* ?...all/some of the above … or is it something else ... . UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE... `‘`In 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 ' Cases against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall Street accountable for the meltdown. ]

]

Trump’s donations favor Democrats (Washington Post) [ Why the surprise? In addition to being a bribester, mobster, trump’s a total fraudster / mental case who stands for absolutely nothing more than expedient soundbites! Drudgereport: TRUMP: Obama Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa mobster trump would pound the undistinguished academically / athletically donald with the mantra, ‘you’re a killer, you’re a king’ in film noir melodramatic fashion which proved too much for the more balanced and ‘chosen / favored’ elder brother trump who committed suicide. The old man also required trump to go to prep / military / boarding school where according to a classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as dumbya bush … mobster trump and people like trump are part of the problem (total b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes, jersey / new york), not the solution. Indeed, trump is an interesting mental case in that he evolved from narcissist (those inflated grandiose moods coupled with feelings of inferiority – he loved to obsessively read those hitler speeches for inspiration and to pump himself up according to Ivana Trump) to severe case of antisocial personality disorder [ predatory disregard for and violation of the rights of others – hence, those sophomoric soundbite solutions to complex problems as, ie., taking oil fields(Libya), 25% tariff on Chinese (actually including american goods made in China) goods, drug money laundering in his casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]

In a rational nation that wasn’t in decline as pervasively corrupt, defacto bankrupt america, trump and sister Maryanne would both be in prison.

`'Terrible student,' not good enough for Harvard...` Biden daughter trashes Trump...
Bill Cosby: 'He's full of it!'...
Trump Takes On NYT, Gail Collins...
Admires her for surviving 'so long with so little talent'...
NBCWSJ POLL SHOCK: TRUMP #2 GOP [ NBC where t_rump has his Jerry Springer derivative shock-jock show and sinkhole new york's fraud street journal … poll? … Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider firing Donald Trump DC Milbank: Donald trumps CPAC | Gibbs gone (WP) [ Trump’s a loser, dressed up and propped up by and to shill for a declining, fallen nation in the most corrupt regions (ie., new york, jersey, etc.) of the country (every fallen nation has such)… Poll: 31% of Republicans, say Trump would make a “poor” or “terrible” president

Case-Shiller Chairman: Here’s Why There is Very Little, If Any, Good News About Housing ‘Have you ever tried to keep your head above water while doggy-paddling? The S&P Case-Shiller Home Price Index shows prices for the 10- and 20-city composites are lower than a year ago but still slightly above their April 2009 bottom. The 10-City Composite fell 2.6% and the 20-City Composite was down 3.3% from February 2010 levels. With an index level of 139.27, the 20-City Composite is virtually back to its April 2009 trough value (139.26); the 10-City Composite is 1.5% above its low.

Washington D.C. was the only market to post a year-over-year gain with an annual growth rate of +2.7%. Ten of the 11 cities that made new lows in January 2011 saw new lows again in February 2011. Detroit avoided another new low, managing a +1.0% increase in February over January, the only city with a positive monthly change.

David M. Blitzer, Chairman of the Index Committee at Standard & Poor’s commented:

“There is very little, if any, good news about housing. Prices continue to weaken, trends in sales and construction are disappointing. Ten of the 11 MSAs that recorded index lows in January fell further in February. The one exception, Detroit, is 30% below its 2000 price level. The 20-City Composite is within a hair’s breadth of a double dip. Fourteen MSAs and both Composites have continued to decline month over-month for more than six consecutive months as of February.

Atlanta, Cleveland and Las Vegas join Detroit as cities with home prices below their 2000 levels; and Phoenix is barely above its January 2000 level after a new index low. The one positive is Washington D.C. with a positive annual growth rate, +2.7%, and home prices more than 80% over its January 2000 level. Other cities holding on to large gains from 11 years ago include Los Angeles (68.25%), New York (65.19%) and San Diego (55.05%).’

The Financial Sector Mess Nussbaum ‘Yesterday on CNBC I heard a tease for a segment (I missed the actual segment) about the fact the domestic financial stocks are not doing well relative to technology. While I am not sure that tech is the best comparison there is a point here about financial stocks that I have been making for a long time that I believe will remain relevant for several more years.

First, some numbers with results of a few different sectors over several time periods:

YTD
Financials XLF +0.88%
Technology XLK +4.75%
Energy XLE +14.97%
Staples XLP +5.12%
Discretionary XLY +6.51% (XLY is a client holding)
S&P 500 (SPY) 6.16%

One Year
XLF -4.11
XLK +9.58%
XLE +26.37
XLP +9.92%
XLY +11.72%
S&P 500 +9.68%

Four Years
XLF -56.64%
XLK +8.91%
XLE +24.35%
XLP +11.63
XLY +0.71%
S&P 500 -10.05%

The numbers say a lot about the mess that has been made in the domestic financial sector. The events in the market from 2007-2009 were obviously about the financial sector. There were many types of excesses that resulted in a monumental meltdown in the sector--monumental for the number of large companies that failed and the large number of stocks that dropped 90% and are nowhere close to where they traded before the implosion.

The nature of this sort of event is such that it will be years before domestic financials, collectively, are attractive on a fundamental basis and so I think it is likely that they will continue to struggle as stocks. This has been the case with technology from that market event. For ten years the S&P 500 (SPY) is up 7.41% while XLK is down 12.02% [Microsoft (MSFT) is down 25% for ten years and INTC is down 32% for ten years]. It looks to me like outperformance of tech over the SPX may have started at the 2009 bottom, which is a long time for the ground zero sector to lag. While an exact duplicate in financials is unlikely, if you then consider the fundamental outlook, I think we are a long way from health.

The above brings in two different things to consider; one being how markets tend to work, which is more of a top down factor. The other is what I believe to be a lack of fundamental health, which is of course a bottom up factor. It seems to me that no matter, the financial sector has been a favorite of many professional market participants. Given my perceptions of the sector I think it makes sense to underweight the risk in whatever financial sector exposure you have (I believe in having exposure to all sectors as zero weight is a big bet). For us this means mostly owning foreign banks as I have discussed many times before.

Think of it this way, in speculating on parts of the financial sector where the fundamentals are not yet healthy, how much do you hope to make? Let's say you think you can double your money. I would say it makes more sense to go to a sector that is healthy on all fronts to pick a stock where you think you could double your money. I realize other people view it differently and clearly there were some great trades off the bottom in the financial sector - but speculating on something with weak fundamentals is not a risk I am willing to take.’

States face shortfall for retirees (Washington Post) Public workers’ retirement funds had a gap of $1.26 trillion at the end of fiscal 2009, a report says.

Study: Affordable rentals scarce (Washington Post) Share of renters who spend more than half their income on housing is at its highest level in half a century.

Poll: For Obama, low marks on Afghan war (Washington Post) More Americans disapprove of President Obama’s management of the war in Afghanistan than support it, according to a new Washington Post-ABC News poll, a finding that reflects the public’s broader concern over the course of the nearly decade-old conflict.

Fuel prices cut into Obama popularity (Washington Post) As gas prices bite into household incomes, Obama’s support takes a hit, according to new poll. The high fuel price dynamic is the slow / now faster motion, long predicted hyperinflationary consequence of failed fed, administration, congressional economic / financial / fiscal policy that essentially has been interposed for the (short-term particularly) benefit of the frauds on wall street (The frauds on wall street et als should be criminally prosecuted, jailed, fined, and disgorgement imposed), and have used the mideast turmoil to obfuscate their failure. Dave's Daily 'If you can keep interest rates this low this long, its inevitable cheap financing can allow companies to start cobbling each other up. Further Ben's policies allow companies like IBM to sell bonds at 1% and buy back shares with the proceeds (total paper bubble-scam). POMO is occurring almost daily and Primary Dealers can buy back their shares and pay dividends with what essentially is taxpayer money-- … an especially great opportunity to sell / take profits while you still can since there's much worse to come! America Is a Failed State Because It Won’t Prosecute Financial Crime Washington’s Blog / the grim economic reality [ http://albertpeia.com/grimreality.htm ]. Selling In May Is Very Good Advice This Year Harding / April Is a Good Time to Sell Adler Equity Valuations Are Forming the Second Biggest Bubble in U.S. History Kaspar ... According to Yale University’s Dr. Robert Shiller, the market is now 41% overvalued …only time the markets have been more overvalued .. 1929 & tech bubble. http://static.seekingalpha.com/uploads/2011/4/12/saupload_cape_thumb1.png PRECHTER: We're Still In A Massive Bear Market And Stocks Will Crash To New Lows Return of Inflation: 5 Worrying Signs From Friday's NY Times

Index Fund Rip-Off? Bartalos ‘Would you pay $5 for something that costs $1? Not if you could help it. However, that’s precisely what many investors are doing.

American Stock Ownership Declines

Poll: Egyptians skeptical about U.S. Egyptians have an unfavorable view of the U.S., but they are also divided over Islamic fundamentalists. (Washington Post) [ Hey! … Guess what? … americans and the rest of the world (except zionist israel, zionists, and old biddy britain) are skeptical and have an unfavorable view of america. The Economic Collapse: 24 more signs of economic decline in America…

#1 On Monday, S&P altered its outlook on U.S. government debt from “stable” to “negative” ..at the rest of the world is losing faith in the U.S. dollar and in U.S. Treasuries.

#2 China has announced reducing their holdings of U.S. dollar

#3 .. “panic dollar selling is setting in” and U.S. dollar in for a huge decline.

#4 The biggest bond fund in the world, PIMCO, is now shorting U.S. government bonds.

#5 This cruel economy is causing “ghost towns” to appear all across the United States..

#6 There are now about 7.25 million less jobs in America than when the recession began back in 2007.

#7 The average American family is having a really tough time right now. Only 45.4% of Americans had a job during 2010. .

#8 Only 66.8% of American men had a job last year. That was the lowest level ever ..

#9 According to a new report from the AFL-CIO, the average CEO made 343 times more money than the average American

#10 Gas prices reached five dollars per gallon at a gas station in Washington, DC on April 19th, 2011. .. $6 gas soon

#11 .. 12 months the average price of gasoline in the United States has gone up by about 30%.

#12 Due to rising fuel prices, American Airlines lost a staggering $436 million during the first quarter of 2011.

#13 U.S. households are now receiving more income from the U.S. governmentthan they are paying to the government in taxes.

#14 1 of 4 dollars that the U.S. government borrows goes to pay the interest on the national debt.

#15 Total home mortgage debt in the United States is now about 5 times larger than it was just 20 years ago.

#16 Total credit card debt in u.s. more than 8 times larger than 30 yrs ago.

#17 Average household debt in the United States has now reached a level of 136% of average household income. In China, average household debt is only 17% of average household income.

#18 The average American now spends approximately 23 percent .. on food and gas.

#19 .. 74 percent of Americans said that they planned to slow down their spending in coming months

#20 59 percent u.s. receive money from the federal government ..

#21 average length of unemployment in the U.S. is now an all-time record 39 weeks.

#22 As the economy continues to collapse, frustration ..“random acts of violence”…

#23 Some Americans have become so desperate for cash that they are literallypopping the gold teeth right out of their mouths and selling them to pawn shops.

#24 ..u.s. people have been gobbling up larger and larger amounts of antidepressants and other prescription drugs. ..’ ]

20 Questions for Ben Bernanke Zero Hedge | The Fed is expected to continue the QE2 Lite mandate.

Gold and silver continue to surge Neil Dennis | Gold hit a record high, while silver surged more than 5 per cent to within a whisker of its all-time peak.

Don’t Like a Weak Dollar? Might as Well Get Used to It CNBC.com | Weakness in the US dollar, which is causing everything to go up.

Dollar Hits Record Low Against Swiss Franc The dollar tumbled to an all-time low point of 0.8745 Swiss francs.

Apmex Starts Reverse Inquiry: Seeks To Buy “Any Quantity” Of Silver From Clients At $3 Over Spot Over the past hour Zero Hedge has been inundated with reader comments notifying us that Ampex has, validating the earlier post speculating about a possible silver shortage at the metals distributor, launched a “reverse ïnquiry” in which it will pay “you $3.00 over the current spot price of Silver for your Silver American Eagles.

US, China to hold economy meeting in May Top officials from the United States and China will meet in Washington early next month, the Treasury Department said Monday, as tensions between the two economic superpowers simmer.

Roberts: ‘America must blame itself for economic fall to China’ As the IMF predicts China to overtake the US as the economic leader by 2016, who can we look to blame for this downfall of the dollar? Former Regan administration official and ex-US Assistant Secretary of the Treasury Paul Craig Roberts says America has no one to blame but itself and that this comes as no surprise.

ECONOMIC CRISIS ARCHIVE

National / World

Attorney General Holder defends his tenure (Washington Post) [ Defending the indefensible! Yes … there is no defending this ag … He should step down, forced to resign … Obama faces fundraising test in California (Washington Post) [ Test? You mean intelligence test for those Californians? A cliché, aphorism is apposite: ‘Fool me once, shame on you. Fool me twice, shame on me’. Now frauds on wall street got value for their bribes; viz., no prosecution of their continuing nation-destroying frauds, yet cleaning up the frauds with prosecutions was the presumption upon which their support was predicated , at least in part. Certainly Hollywood spoke with their academy award for ‘Inside Job’ . Roche 'The worst part of it ...Obama, who vowed change, has done almost nothing to fix any of it and in fact continues most of the policies that helped get us here in the first place’ ‘INSIDE JOB’ Ferguson wins Oscar for Documentary on the unprosecuted massive extant fraud in the (many) TRILLIONS by the frauds on wall street ( and declares with oscar in hand that not one high level wall street exec has been prosecuted … despite ‘earning’ billiions from the fraud ), the commentator / experts recommend getting rid of the corrupt eric holder ( what do holder and wobama have in common … wall street money? … a proclivity for jive-talking / b* s* ?...all/some of the above … or is it something else ... . UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE... `‘`In 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 ' Cases against Wall Street lag despite Holder’s vows to target financial fraud WP | Obama has promised to hold Wall Street accountable for the meltdown. ]

Chernobyl, 25 years later (Washington Post) Following the nuclear disaster in Japan, the Chernobyl accident has a particular importance. Japan declares evacuation zone near nuclear plant (Washington Post) [ Wow! Sounds like a plan! … From the beginning, as I’ve written on my website, I’ve thought the catastrophic nature and impact of this disaster to have been underreported at the least … the Japanese uncharacteristically have adopted somewhat of a ‘if wishing could make it so’ tact in this sad crisis. Cesium 137 Threat Grows While Corporate Media Remains Mute The hereditary communist dictatorship in North Korea reports on the spread of radiation from the Fukushima nuclear plant, but it has all but fallen off the corporate media radar screen here. Monitoring stations across North Korea from April 11 to 17 detected iodine-131 and cesium-137 in the air above Wonsan in the southeast and Chongjin in the southeast, according to the country’s state-run media. According to the Los Angeles Times, seawater near the Fukushima nuclear complex was recently found to contain “iodine-131 at 7.5 million times the legal limit”. Something Odd Is Happening at Reactor Number 4 The operator of the troubled Fukushima Daiichi nuclear power plant is carefully monitoring the situation at the Number 4 spent fuel pool, where the water temperature is rising despite increased injections of cooling water. Helen Caldicott Talks About the Horror of Fukushima Australian physician, author, and anti-nuclear advocate Helen Caldicott talks about the Fukushima nuclear catastrophe and what we can expect. It ain’t pretty. Busby: ‘Can’t seal Fukushima like Chernobyl – it all goes into sea’ As world marks the Chernobyl anniversary, many say that the world has failed to learn the lessons on nuclear safety that the tragedy provided. RT talks to Professor Christopher Busby, Scientific secretary of the European Committee on radiation risks, for a little more insight on 21st century’s most serious nuclear crisis at Fukushima. Assassinate Qaddafi? Tyrants Beware – What Goes Around Might Come Around Lindsey Graham and John McCain, both of the meddling International Republican Institute implicated in funding and fueling the “Arab Spring” to begin with, have called for the assassination of Libya’s Qaddafi and members of his inner circle. The London Telegraph also reported that Foreign Secretary William Hague refused to rule out using US drones to assassinate Qaddafi. TEPCO finds radioactive concrete emitting 900,000 microsieverts per hour of nuclear radiation The operator of the damaged Fukushima Daiichi nuclear power plant says that concrete debris emitting a high level of radiation has been found near the Number 3 reactor.

With Barbour now out, new questions for GOP (Washington Post) THE TAKE | Decision sets off scramble for parts of his financial and political network and raises questions about challenges party faces in unseating Obama.

Poll: For Obama, low marks on Afghan war (Washington Post) [ If only ‘wobama the b’ (for b*** s***) had been a man of his word and stopped these nation-bankrupting, murderous wars. ]

Drudgereport: TRUMP: Obama Not Worthy of Ivy Leagues... [ Talk about the pot calling the kettle black … trump’s b.s., low grade (penn) ivy league (courtesy of papa mobster trump who ‘twisted his arm to go’ so people would take him ‘seriously’ – papa mobster trump would pound the undistinguished academically / athletically donald with the mantra, ‘you’re a killer, you’re a king’ in film noir melodramatic fashion which proved too much for the more balanced and ‘chosen / favored’ elder brother trump who committed suicide. The old man also required trump to go to prep / military / boarding school where according to a classmate, Ted Levine, trump used to wet / pee in his bed. ) vegetable garden in the same manner as dumbya bush … mobster trump and people like trump are part of the problem (total b*** s***, fraud, etc., as in his home turf, mob-infested sinkholes, jersey / new york), not the solution. Indeed, trump is an interesting mental case in that he evolved from narcissist (those inflated grandiose moods coupled with feelings of inferiority – he loved to obsessively read those hitler speeches for inspiration and to pump himself up according to Ivana Trump) to severe case of antisocial personality disorder [ predatory disregard for and violation of the rights of others – hence, those sophomoric soundbite solutions to complex problems as, ie., taking oil fields(Libya), 25% tariff on Chinese (actually including american goods made in China) goods, drug money laundering in his casinos, bribery, etc. http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]

In a rational nation that wasn’t in decline as pervasively corrupt, defacto bankrupt america, trump and sister Maryanne would both be in prison.

`'Terrible student,' not good enough for Harvard...` Biden daughter trashes Trump...
Bill Cosby slams: 'He's full of it!'...
Trump Takes On NYT, Gail Collins...
Admires her for surviving 'so long with so little talent'...
NBCWSJ POLL SHOCK: TRUMP #2 GOP [ NBC where t_rump has his Jerry Springer derivative shock-jock show and sinkhole new york's fraud street journal … poll? … Don't make me laugh … Lawrence O'Donnell insists parent company NBC consider firing Donald Trump Daily Caller ... Milbank: Donald trumps CPAC | Gibbs gone (Washington Post) [ Trump’s a loser, dressed up and propped up by and to shill for a declining, fallen nation in the most corrupt regions (ie., new york, jersey, etc.) of the country (every fallen nation has such)… Poll: 31% of Republicans, say Trump would make a “poor” or “terrible” president

Al Peia's Blog

Thursday, April 28, 2011

April 27, 2011 Posts

Business / Economic / Financial

VIDEO: Obama slams birthplace claims as ‘silliness’

Obama Birth Certificate “Raises As Many Questions As It Answers”

VIDEO: Obama slams birthplace claims as ‘silliness’

Obama Birth Certificate “Raises As Many Questions As It Answers”

Bernanke seen indicating no haste to tighten Fed policy Federal Reserve Chairman Ben Bernanke on Wednesday will likely use his first-ever news conference on monetary policy to hammer home the case for a patient approach to withdrawing the central bank’s extensive support for theU.S. economy.

VIDEO: Obama slams birthplace claims as ‘silliness’ In an extraordinary and surreal live television appearance, President Barack Obama on Wednesday slammed conspiracy theories that he was not American-born as carnival-style silliness.

Miss America Sexually Molested by TSA In the video below, the former beauty queen who held the Miss America title in 2003, Susie Castillo, said a TSA “screener” fondled her vagina during an intrusive pat-down.

Ex-CIA chief: Kadhafi was good partner The former chief of the CIA on Tuesday praised Libyan leader Moamer Kadhafi’s past cooperation and said his downfall could complicate US interests

Telegraph Blasts Alex Jones on Royal Wedding Telegraph | Americans are obsessed with the royal wedding – although not always in the way that you might expect.

Miss America Sexually Molested by TSA Kurt Nimmo | Castillo subjected to groping after she refused to enter naked body scanner at airport in Dallas, Texas.

Obama Birth Certificate “Raises As Many Questions As It Answers” Paul Joseph Watson | If you thought the birther controversy was finished, you ain’t seen nothing yet.

Obama Produces Purported Long Form Birth Certificate Kurt Nimmo | White House releases purported certificate as political pressure mounts to come clean on citizenship.

Index Fund Rip-Off? Bartalos ‘Would you pay $5 for something that costs $1? Not if you could help it. However, that’s precisely what many investors are doing.

US, China to hold economy meeting in May Top officials from the United States and China will meet in Washington early next month, the Treasury Department said Monday, as tensions between the two economic superpowers simmer.

National / World

No comments:

Post a Comment