April 28, 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 ]

Economy grows, but slows (Washington Post) Economic growth slowed at the start of the year, weighed down by higher oil prices and lower government spending, according to new data. [ At what cost for that ‘slow growth’, if any. They’re dreamin’!

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.

]

Krauthammer: Obama leads from behind (Washington Post) [ Behind … as in pulling it out of his arse! He is clearly a failed president as was his predecessor, war criminal dumbya bush, et als. 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. ]

]

Original rulers of the celebrity world (Washington Post) Perhaps more than any single event, wedding is exposing members of royal family for what they really are. [ What they really are? … only slightly less nauseating than the wobamas! … I mean, come on … at least actors serve some purpose; viz., the cinematic artform. I refrained from ‘raining on their parade’ as ‘bad style’ but now I can say the same is ‘much ado about nothing’, and quite embarrassing for particularly Orwellian england which is in shambles, much like the pervasively corrupt, defacto bankrupt u.s.. In this world, there are no elites, nothing royal, and monarchies are indulgent anachronisms that are obsolete and can no longer be afforded. It’s rather pathetic to see the brits and yanks falling all over themselves on this. After all, aren’t the so-called royals no more than over-indulged, opulently accoutered welfare families upon whose wealth, though largely the result of public ‘largess’, the servile public have no lien. … in evolutionary terms vis-a-vis the species, though I hate to be the spoiler, 'time has run out'. After all, in the last analysis, what can you really expect from a species derived from apes, notochordates, and initially single celled organisms. One might even say in light of such humble beginnings, 'hey, not bad!' I would not be one of them. ( Neanderthals, Humans Interbred, DNA Proves

You're a Neanderthal: Genes say yes — a little bit (AP) Neanderthals and people interbred, fossil analysis finds For more info on man’s humble beginnings, see here http://www.albertpeia.com/anthroindex1.htm [

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 “missing link” per se and in my view they are distinctions without significant differences.

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 ). ]

More Democrats defiant on debt ceiling (Washington Post) Lawmakers are pushing back against the White House, joining the GOP in calling for deficit reductions as a condition for lifting the $14.3 trillion ceiling. [ Ah yes, ‘The Defiant Ones’… principled to the end … 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 …11-24…]

Key Afghan aid programs delayed (Washington Post) [ Strategy? Critical time? Seems we’ve heard that song before. And, yet another nation and innocent lives destroyed for no good reason … and, pervasively corrupt and defacto bankrupt america … winning hearts and minds …NOT! … 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… http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm

Top Mexican Drug Lord: I Trafficked Cocaine For The U.S. Government .. 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

… “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…’]

Disappointing First Quarter GDP Growth (Stocks rally on the bad news!) (The advance estimate for Q1 GDP came in at 1.8 percent — a sharp decline from last quarter’s 3.1 – and worse than expected)

Weekly Unemployment Claims Back Above This Scary Line (Stocks rally on the bad news!) Short ‘On Thursday April 28, 2011, The Department of Labor’s Unemployment Insurance Weekly Claims Report was released this morning for last week. Claims rose 25,000 from an upward revision of the previous week to 429,000. The 4-week moving average increased by 2.3%. Here is the official statement from the Department of Labor:

In the week ending April 23, the advance figure for seasonally adjusted initial claims was 429,000, an increase of 25,000 from the previous week’s revised figure of 404,000. The 4-week moving average was 408,500, an increase of 9,250 from the previous week’s revised average of 399,250.

The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending April 16, a decrease of 0.1 percentage point from the prior week’s revised rate of 3.0 percent.

The advance number for seasonally adjusted insured unemployment during the week ending April 16 was 3,641,000, a decrease of 68,000 from the preceding week’s revised level of 3,709,000. The 4-week moving average was 3,697,750, a decrease of 22,750 from the preceding week’s revised average of 3,720,500.

Today’s number was 10% higher than the Briefing.com consensus expectation of 390,000 claims.

As we can see, there’s a good bit of volatility in this indicator, which is why the 4-week moving average (shown in the callouts) is a more useful number than the weekly data.

http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims

Occasionally I see articles critical of seasonal adjustment, especially when the non-adjusted number better suits the author’s bias. But a comparison of these two charts clearly shows extreme volatility of the non-adjusted data, and the 4-week MA gives an indication of the recurring pattern of seasonal change in the second chart (note, for example, those regular January spikes).

http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims-NSA

Because of the extreme volatility of the non-adjusted weekly data, a 52-week moving average gives a better sense of the long-term trends.

http://dshort.com/charts/weekly-unemployment-claims-charts.html?weekly-unemployment-claims-NSA-52-ma

The Bureau of Labor Statistics provides an overview on seasonal adjustment here (scroll down about half way down).

Doug Short Ph.d is the author of dshort.com.’

Gerald Celente: ‘Bernanke Devaluing the Dollar’ Should Americans be concerned? Absolutely, says Gerald Celente, director at the Trends Research Institute. While Bernanke may have taken to the press, Celente says Ben’s “jive talk” shouldn’t be trusted as he devalues the dollar and distastes the economy.

Trump faces scrutiny over donations, merch made in China (The Ticket)

Dollar Loses More Ground WSJ | The dollar dropped after economic indicators pointed to a dismal employment picture and slowing economic growth.

Economic Growth Slow as Inflation Measure Spikes Up Reuters | U.S. economic growth slowed more than expected in the first quarter as higher food and gasoline prices dampened consumer spending.

More people applied for unemployment benefits AP | More people requested unemployment benefits last week, the second increase in 3 weeks

Q1 GDP Prints At 1.8% Misses Consensus OF 2.0%, Plunges From 3.1% In Q4, Initial Claims Surge Nobody could have predicted the economic devastation (even as inflation surges). Nobody. And certain not the wise oracles at the Federal Reserve.

Relentless Dollar Pummeling Continues At the current rate of collapse, in a few more days the dollar will take out all time lows. Currently holding at 73, after hitting 72.8 overnight, the DXY appears set to test the last support from when the dollar carry trade was all the rage again back in 2008.

Has the Fed Decided to Fight Inflation Instead of Unemployment? The Fed has purposefully been encouraging banks to deposit their excess reserves at the Fed (for a profit), rather than loan them out to Main Street.

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 …

Panic selling of the U.S. dollar now underway as debt system implodes To most Americans it’s unthinkable that the U.S. dollar could someday be relegated to second-class status as a currency, but what they may not realize is that the transition is already underway.

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. ..’ ] 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

ECONOMIC CRISIS ARCHIVE

(4-28-11) Dow 12,763 +73 Nasdaq 2,872 +2 S&P 500 1,360 +4 [CLOSE- OIL $112.55 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $3.86 (reg. gas in LAND OF FRUITS AND NUTS $4.22 REG./ $4.35 MID-GRADE/$4.45 PREM./ $4.61 DIESELL) / GOLD $1,534 (+24% for year 2009) / SILVER $48.41 (+47% for year 2009) PLATINUM $1,836 (+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 3.31% …..… 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

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.

Charlie Veitch Arrested In Pre-Crime Raid Prior to Royal Wedding Paul Joseph Watson | In a You Tube video posted earlier this week, Veitch warned that he was under surveillance and that he was being followed around London.

Digital Artifacts Prove Obama Birth Certificate Altered Kurt Nimmo | Artifacts reveal document was manipulated by image editing software.

Is Birther Circus A White House Political Ploy? Paul Joseph Watson | While the nation is distracted by another partisan political football, the machine behind Obama rolls onwards.

Rand Paul Demands To See “Original Long Form Certificate” Of Trump’s Republican Credentials Steve Watson | Senator draws on farce of birther distraction to make a very serious point.

New Obama Birth Certificate is a Forgery Kurt Nimmo | Our investigation of the purported Obama birth certificate released by Hawaiian authorities today reveals the document is a shoddily contrived hoax.

Obama Birth Certificate is Just as Authentic as the Money Supply, the Food Supply and Obamacare Does it matter that it’s a fake in the first place? Given that most of the U.S. government’s job statistics are fake, and that the U.S. dollar is being counterfeited on a daily basis by the Fed, and that virtually the entire U.S. economy is built on fake “abundance” that’s really just more debt spending… isn’t it is some way actually more authentic to have a President at the helm who faked his birth certificate?

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. ]

Rand Paul Demands To See “Original Long Form Certificate” Of Trump’s Republican Credentials In a cleverly worded dig at the current circus sideshow birther revival, Kentucky Senator Rand Paul today called for Donald Trump to prove he has any Republican credentials whatsoever as his father Congressman Ron Paul prepares to run for the GOP nomination in 2012.

Is Birther Circus A White House Political Ploy? The White House’s decision to wade into the contentious echo chamber of the so-called “birther” issue just months before the campaign trail for 2012 begins, by releasing a dubious document that has only intensified the firestorm of interest surrounding the issue, is either political suicide or part of a well thought out ploy aimed at securing Obama a second term in the Oval Office.

Ron Paul Slams Bernanke’s “Staged” Media Show Congressman Ron Paul issued stern words in response to Fed chairman Ben Bernanke’s “historic” first ever press conference yesterday, noting that it “predictably provided no substantive information,” and served as an extremely poor PR attempt to placate an incensed American public.

US vs. China: Winner Takes It All? Leading economists predict America’s age will end in five years. The International Monetary Fund forecasts that, after more than a century as the world’s largest economy, the U.S. will be usurped by CHINA as early as 2016. RT’s Kaelyn Forde looks at the sun’s definitely rising in the east.

Wal Mart CEO: “Shoppers Are Running Out Of Money”; There Is “No Sign Of A Recovery” “Wal-Mart’s core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried. “We’re seeing core consumers under a lot of pressure,” Duke said at an event in New York. “There’s no doubt that rising fuel prices are having an impact.”

Obama Birth Certificate Number Proves Forgery? Despite the establishment media declaring “case closed” on the birther issue, the release of what purports to be Barack Obama’s long form birth certificate has only caused a firestorm of new suspicion amongst Americans, with the document only serving to confirm unexplained anomalies, such as why Obama’s birth certificate number is higher than that of people born after him at the same hospital.

PROOF!!! Obama Birth Certificate Fraud The Obama administration finally laid to rest all the rumors of the place of his birth with the release of his long form birth certificate. But closer inspection has prompted more questions than answers. For starters there are numerous layers. Some of the numerical characters look as if they were added after the fact by a printer rather than a typewriter. Alex Jones and Rob Dew demonstrate that the Obama team is keeping with the trend of being transparent as a brick wall.

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…’]

Drudgereport: NO JOKE: Superman to renounce U.S. citizenship...

Storm death near 300 in South...
Deadliest Swarm of Twisters Since 1974...
Among Largest, Strongest Ever Recorded...
ECONOMY SLOWS, INFLATION GROWS...
Doubt cast on recovery...
Dollar drops to lowest since 2008...
Investors flee greenback; silver hits all-time high, gold sets new record...
GALLUP: U.S. confidence plunges, only 27% say economy is growing...
WAL-MART: Our shoppers are 'running out of money'...
JOBLESS CLAIMS 429,000...

CBS ANCHOR SCHIEFFER: Trump is racist...
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 ]

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.” ]