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 ]
Economy Caught in Depression, Not Recession: Rosenberg Positive gross domestic product readings and other mildly hopeful signs are masking an ugly truth: The US economy is in a 1930s-style Depression, Gluskin Sheff economist David Rosenberg said Tuesday. ‘Positive gross domestic product readings and other mildly hopeful signs are masking an ugly truth: The US economy is in a 1930s-style Depression, Gluskin Sheff economist David Rosenberg said Tuesday. Writing in his daily briefing to investors, Rosenberg said the Great Depression also had its high points, with a series of positive GDP reports and sharp stock market gains. But then as now, those signs of recovery were unsustainable and only provided a false sense of stability, said Rosenberg. Rosenberg calls current economic conditions “a depression, and not just some garden-variety recession,” and notes that any good news both during the initial 1929-33 recession and the one that began in 2008 triggered “euphoric response.”
Op-Ed Columnist - The Third Depression - NYTimes.com Economic Policy: Nobel Prize-winning economist Paul Krugman says the US is in the "early stages of a third Great Depression. The Third Depression By PAUL KRUGMAN Published: June 27, 2010 ‘Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the Panic of 1873 and the years of mass unemployment that followed the financial crisis of 1929-31. Neither the Long Depression of the 19th century nor the Great Depression of the 20th was an era of nonstop decline — on the contrary, both included periods when the economy grew. But these episodes of improvement were never enough to undo the damage from the initial slump, and were followed by relapses. We are now, I fear, in the early stages of a third depression. It will probably look more like the Long Depression than the much more severe Great Depression. But the cost — to the world economy and, above all, to the millions of lives blighted by the absence of jobs — will nonetheless be immense. And this third depression will be primarily a failure of policy. Around the world — most recently at last weekend’s deeply discouraging G-20 meeting — governments are obsessing about inflation when the real threat is deflation, preaching the need for belt-tightening when the real problem is inadequate spending. In 2008 and 2009, it seemed as if we might have learned from history. Unlike their predecessors, who raised interest rates in the face of financial crisis, the current leaders of the Federal Reserve and the European Central Bank slashed rates and moved to support credit markets. Unlike governments of the past, which tried to balance budgets in the face of a plunging economy, today’s governments allowed deficits to rise. And better policies helped the world avoid complete collapse: the recession brought on by the financial crisis arguably ended last summer. But future historians will tell us that this wasn’t the end of the third depression, just as the business upturn that began in 1933 wasn’t the end of the Great Depression. After all, unemployment — especially long-term unemployment — remains at levels that would have been considered catastrophic not long ago, and shows no sign of coming down rapidly. And both the United States and Europe are well on their way toward Japan-style deflationary traps …’
Worse than expected news on both durables and new home sales. Indeed, in this and the prior session the ‘new homeseller stocks’ rose based on the foisted false expectation of expected-to-better as opposed to, among other, far worse than expected results. Yet, where / when was the worse than expected news discounted. The fact is that it wasn’t, as fraudulent wall street with one of those typical press the button, computerized program trade days, rallies to try to suck the suckers back in to keep their ‘churn and earn’ rollin’, and the ‘pass the hot potatoe / musical chairs confidence game’ goin’. Note the typical, almost tauntingly gleeful mainstream non-news headline, ‘US stocks pull off a gain; Dow ends above 10,000 (at CNBC)’ … Riiiiight! … They pulled it off … How pathetic! Peter Schiff: “We’re in the Early Stages of a Depression” The Motley Fool | Four years and the worst recession since the Great Depression later, Schiff stands alone again with a bleaker diagnosis for the economy: an inflationary depression.) among other economists, (Economists Herald New Great Depression The world is currently experiencing the modern day equivalent of the Great Depression, according to a prominent economist who has added his voice to scores of others now forecasting ongoing economic doom on a scale not seen since the 1930s.) , and my position and that of demographer Dent (This is a global depression. This is a secular bear market in a global depression. The past up move was a manipulated bull (s***) cycle in a secular bear market. This has been a typically manipulated bubble as has preceded the prior crashes with great regularity that the wall street frauds and insiders commission and sell into. This is a typical wall street churn and earn pass the hot potato scam / fraud as in prior crashes’. This national decline, economic and otherwise, will not end until justice is served and the wall street frauds et als are criminally prosecuted, jailed, fined, and disgorgement imposed.
Harry Dent, Jr. Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and mid-2013, especially around early 2011, but if the banking system continues to implode a deep downturn or depression could begin sometime in 2009 instead of 2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012 ).
INSIDER TRANSACTIONS (Washington Post) Stock market ends down for second straight week (Washington Post) [Yeah! There should be no surprise here. Such is the scenario that bear markets are made of and Maierhofer shows the math to prove it (infra), Are You Ready For How Bad It Will Get? Graham Summers | ‘There are numerous components in the latest GDP number that are extremely suspect. The vast majority of investors are going to be taken to the cleaners … Sell / Take Profits while you still can! ]
Drudgereport: MORGAN STANLEY: Government Bond Defaults Inevitable...
Roubini: Growth to Be 'Well Below' 1% ...
New Home Sales Sink to Lowest Pace on Record...
Infowars.com Poll: Fed Will Push Nation Into Greatest Depression Kurt Nimmo | Infowars.com readers believe the monetary policies of the Federal Reserve will push the country into another depression.
Even Tony Robbins Is Warning That An Economic Collapse Is Coming It seems like almost everyone is warning of a coming economic collapse these days.
Why to Expect a Bipolar Market Move Next Week [Well, I don’t know about a diagnosis of bipolar, but ‘criminally insane’; yes, that’s wall street in a nutshell.]
Bond Bubble, Dollar Doom - Embrace The Fear Says Fisher [ Riiiiight! Sounds like a plan … to bail out the frauds on wall street as they sell their ‘hot potatoes’ in their typical ‘musical chair’ pre-crash charade! ] ‘… Hussman: Dollar Collapse Coming: In his latest market commentary, top fund manager John Hussman continues to express a bearish view, and says that more quantitative easing by the Federal Reserve is likely to trigger “an abrupt collapse in the foreign exchange value of the U.S. dollar”. Hussman offers something of a primer on exchange rates, and concludes by saying this: “The policy of quantitative easing is likely to force a large adjustment on the U.S. dollar because the Federal Reserve is choosing to lay a heavier hand on the Treasury bond market than would result from economic conditions alone,” he says. “The resulting shift in interest rates and long-term inflation prospects combine to dramatically reduce the attractiveness of the U.S. dollar. A significant and relatively abrupt devaluation is then required, in an amount sufficient to set up expectations of a U.S. dollar appreciation over time.” Special Offer: People mocked Gary Shilling when he said SELL in 2006 and 2007. But he was right and his subscribers are richer for it. Click here for Gary Shilling’s current investment advice. As for the market, Hussman says he continues to see unfavorable valuations, unfavorable market action, and unfavorable economic pressures. The Fed’s new go at quantitative easing may well limit deflationary fears, he says, which has led him to increase exposure to precious metals and foreign currencies. Hussman also says the U.S. should focus on restructuring debt, and offers his take on how it should do so …’
Dow Reclaims 10,000 as Stocks Pare Losses CNBC | Stocks opened lower for a fifth straight day Wednesday as disappointing reports on new home sales and durable-goods orders stoked worries about the economic recovery.
Consumers Dropping Pay TV Services Investors.com | The number of subscribers to cable, satellite and telecom TV services in the U.S. fell for the first time ever in the second quarter.
Plunge in Home Sales Stokes Economy Fears Wall Street Journal | U.S. home sales plummeted in July to a level not seen in more than a decade, spurring fears of renewed weakness in housing prices and the broader economy.
(8-25-10) Dow 10,060 +19 Nasdaq 2,141 +17 S&P 500 1,055 +3 [CLOSE- OIL $72.52 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $3.11 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.69 DIESEL) / GOLD $1,241 (+24% for year 2009) / SILVER $19.03 (+47% for year 2009) PLATINUM $1,535 (+56% for year 2009) / DOLLAR= .78 EURO, 84 YEN, .64 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 2.54% …..… AP Business Highlights ...Yahoo Market Update... T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International This Is a Secular Bear Market and The End of Buy and Hold … and Hope MARKET MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD PRE-COMING CRASH IS BEING ACCOMPLISHED 3-11-10 6 Theories On Why the Stock Market Has Rallied 3-9-10 [archived website file] Risks Lurk for ETF Investors The bull market that never was/were beyond wall street b.s. when measured in gold Property Values Projected to Fall 12% in 2010 Jan 31, 2010 The Week Ahead: Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010 01-13-10 Forecast for 2010 from Seeking Alpha Contributor THE COMING MARKET CRASH / CORRECTION 1-28-10 Maierhofer (01-15-10) 11 Clear Signs Economy Sinking Economic Black Hole 1-22-10: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover Current Economic / Fiscal Charts Trendsresearch.com forecast for 2009 1-7-10 Crash is coming! ‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic / Financial Data This Depression is just beginning The coming depression… thecomingdepression.net MUST READ: JEREMY GRANTHAM’S QUARTERLY UPDATE 25 January 2010 (850 on the S&P) by TPC The Next Wave of Collapse is Coming Sooner than you think Sliding Back Into the Great Depression ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
Democrats move to shore up faltering economic recovery (Washington Post) [ Wow! And all this time that’s what we thought they were doing. Now they’re gonna’ get serious … riiiiight. Here’s some serious for you: Economic indicators reflect weak recovery (Washington Post) [Recovery? I say they’re dreamin’! So does Schiff, (Peter Schiff: “We’re in the Early Stages of a Depression” The Motley Fool | Four years and the worst recession since the Great Depression later, Schiff stands alone again with a bleaker diagnosis for the economy: an inflationary depression.) among other economists, (Economists Herald New Great Depression The world is currently experiencing the modern day equivalent of the Great Depression, according to a prominent economist who has added his voice to scores of others now forecasting ongoing economic doom on a scale not seen since the 1930s.) , and my position and that of demographer Dent (This is a global depression. This is a secular bear market in a global depression. The past up move was a manipulated bull (s***) cycle in a secular bear market. This has been a typically manipulated bubble as has preceded the prior crashes with great regularity that the wall street frauds and insiders commission and sell into. This is a typical wall street churn and earn pass the hot potato scam / fraud as in prior crashes’. This national decline, economic and otherwise, will not end until justice is served and the wall street frauds et als are criminally prosecuted, jailed, fined, and disgorgement imposed.
Harry Dent, Jr. Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and mid-2013, especially around early 2011, but if the banking system continues to implode a deep downturn or depression could begin sometime in 2009 instead of 2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012 ).
INSIDER TRANSACTIONS (Washington Post) Stock market ends down for second straight week (Washington Post) [Yeah! There should be no surprise here. Such is the scenario that bear markets are made of and Maierhofer shows the math to prove it (infra), Are You Ready For How Bad It Will Get? Graham Summers | ‘There are numerous components in the latest GDP number that are extremely suspect. The vast majority of investors are going to be taken to the cleaners … Sell / Take Profits while you still can! ]
Infowars.com Poll: Fed Will Push Nation Into Greatest Depression Kurt Nimmo | Infowars.com readers believe the monetary policies of the Federal Reserve will push the country into another depression.
Even Tony Robbins Is Warning That An Economic Collapse Is Coming It seems like almost everyone is warning of a coming economic collapse these days.
Alex Jones Exposes Google’s Plan to Dominate the Internet Infowars.com | Google’s takeover agenda will control the world wide web and force independent media websites, radio and TV shows out of existence for good.
Ron Paul: Let the Housing Market Normalize! Dr. Ron Paul | There seems to be a growing consensus in favor of abolishing Fannie and Freddie. This is the good news.
Americans Using Their Rainy Day Savings to Live Rebel Traders | The reality of the ‘real economy’, as measured by people, not Wall Street, is a deteriorating economy where any source of funds is fair game to be tapped into.
The Never Ending Recession Mr. Rosenberg believes we could see a negative GDP print THIS quarter. And if he’s right that means analysts are far too optimistic about the upcoming quarter.
Economic forecaster: ‘Greatest Depression’ coming Collapse of middle class means there’s no fuel for recovery, Gerald Celente argues.
Second Hindenburg Omen Confirmation In As Many Days, Third H.O. Event In One Week Longs may be forgiven if they are sweating their long positions over the weekend: not only did we just have a second, and far more solid Hindenburg Omen confirmation today.
Second Hindenburg Omen Confirmation In As Many Days, Third H.O. Event In One Week
Jim Rogers: If You Want Your Family To Be Silly Rich In The Future, Then Leave America And Move To Asia Now As you may know, Jim Rogers moved to Singapore in 2007, though he maintains a residence in the U.S. as well.
Boehner calls for mass firing of Obama's economic team (Washington Post) Yeah! True enough. They should be fired (watch for fake data as a desperate reaction to the reality the fake data’s been hidin’, revisions to fake data which hid reality, etc., ‘cause they’re really desperate); yet where were the same calls for paulsen, bush, et als. The truth is, they all should be fired! Every last fraudulent one of them! All three corrupt branches of the u.s. non-government.
Frank to hold hearing on regulation of Wall St. pay (Washington Post) [ Oooooh! Riiiiight! More hearings … sounds like a plan! You know, max face time, no action, great politics as usual. After all, if they were really serious, prosecutions, jail, fines, and disgorgement for the perps would have happened. Additionally, the so-called fin regs were powder puffs after all the huff and puff and ignore prosecution under already existing laws. What total fraud / b*** s***! ]
U.S. Financial System Still "Fundamentally Corrupt," Kotlikoff Says: Here's How to Fix It ‘We have a "fundamentally corrupt financial system" and the Dodd-Frank reform bill did nothing to change it, says Boston University economics professor Laurence Kotlikoff. "Relatively little has changed except there are going to be more federal regulators who are probably going to miss major problems." At the core of the 2008 crisis was "the production and sale of trillions of fundamentally fraudulent securities," Kotlikoff says, suggesting all levels of society participated in the fraud -- including homeowners. At the center of it all were financial intermediaries (a.k.a. Wall Street) who packaged and sold "snake oil under the guise of proprietary information" to limit or eliminate disclosure, and enabled by corrupt rating agencies, regulators and elected officials, he says. In the accompanying video, Kotlikoff explains how we can "make Wall Street safe for Main Street." In short, we should transform all financial companies with limited liability (banks, hedge funds, private equity firms and insurance companies alike) into mutual funds, which the professor describes as "little banks that have 100% capital requirements. " Notably, the big mutual fund companies survived the "financial earthquake" of 2008-09 when the rest of the financial system collapsed, Kotlikoff recalls. In late 2009, Kotlikoff and Harvard's Niall Ferguson penned an op-ed for The FT describing a blueprint for how to take moral hazard out of banking. Citing a speech by Bank of England governor Mervyn King, Kotlikoff and Ferguson called for "limited purpose banking" (LPB), that would "limit banks to their legitimate purpose - financial intermediation and payment facilitation." Nine months later, Kotlikoff remains convinced this "very simple reform" remains a much better alternative than the financial reform bill hammered out in Washington - with plenty of influence from Wall Street lobbyists. "We are rebuilding [the system] out of straw rather than out of brick," Kotlikoff says, suggesting his "LPB" proposal will ultimately be good for the economy and provide a model for the rest of the world. "If we have a safe, sound [financial] structure other countries will follow suit," he says.’
Home sales drop to lowest level in 15 years [ Get those foreclosure sales rollin’ say the frauds on wall street who will spin same to their market-frothing delight! ]
Stocks Crushed AGAIN: Here's What You Need To Know From The Business Insider All-around ugly.
How to Get Through This Mess ‘… U.S. RECESSION NEVER ENDED; GDP TO CONTRACT IN Q3
Hardship 401(k) withdrawals set record in second quarter: More workers also borrowing from their accounts (Washington Post, August 22, 2010) [ Clearly an instance where ‘better late than never’ doesn’t quite do it … ‘better now than late or never’ is a bit better as the following see that old tune, ‘ The Big Hurt’, reaching once again number 1 on the billboard charts. ]
Soros Bailing Out of U.S. Stock Market Robert Wenzel | Billionaire trader and political manipulator,George Soros, is clearly not optimistic.
Celente: Stock Market Crash Before End of 2010 Gerald Celente believes that the stock market will crash before the end of 2010 , gold will soar.
Are You Ready For How Bad It Will Get? Graham Summers | ‘There are numerous components in the latest GDP number that are extremely suspect. The vast majority of investors are going to be taken to the cleaners … Sell / Take Profits while you still can!
100-Year Bonds --- Sign of Trouble?
Analyst: Dow To 5,000, Lost Decade For Stocks The Dow Jones Industrial Average will lose about half of its value over the next couple of years as it follows a Nikkei-like pattern of several sharp rallies in an overall decline, according to Charles Nenner, founder and president of Charles Nenner research.
Existing home sales plunge 27% Existing home sales fell sharply in July, declining for a third straight month, as the effects of the expired homebuyer tax credit continued to add turbulence to the housing market.
Hindenburg Omen Creator Has Exited The Market As we reported first, last week saw the second confirmation of the Hindenburg Omen, most recently sighted for the first time on August 12. Presumably this is an indication of putting one’s money where one’s mouth is (and away from the market).
We’re Underperforming The Great Depression In real (inflation/deflation-adjusted) terms, when did the US market permanently regain the high reached in 1929? The first chart illustrates two answers to the question. One uses the real price and the other uses the real total return.
Top Republicans urge Obama to oust economic team Reuters | The top Republican in the U.S. House of Representatives called on Tuesday for President Barack Obama to fire his economic team in a campaign-style speech meant to focus voters on the weak American economy.
Home Sales Plunge to Record Low NY Times | Sales of existing homes plunged 27.2 percent in July, down to their lowest level since the National Association of Realtors began keeping track over a decade ago.
Unemployed group blasts Geithner’s handling of economy The Hill | UCubed, a group representing unemployed and underemployed workers, sharply criticized Treasury Secretary Timothy Geithner for his handling of the economy.
Stocks Plunge, Double Dip Recession Fears Grow After Home Sales Report U.S. stocks extended losses, sending the Dow Jones Industrial Average below 10,000, and the 10-year Treasury yield fell below 2.5 percent for the first time since 2009 as a bigger-than-estimated slump in existing home sales fueled concern the economy may relapse into recession.
Infowars.com Poll: Fed Will Push Nation Into Greatest Depression Kurt Nimmo | Infowars.com readers believe the monetary policies of the Federal Reserve will push the country into another depression.
Even Tony Robbins Is Warning That An Economic Collapse Is Coming It seems like almost everyone is warning of a coming economic collapse these days.
Alex Jones Exposes Google’s Plan to Dominate the Internet Infowars.com | Google’s takeover agenda will control the world wide web and force independent media websites, radio and TV shows out of existence for good.
Ron Paul: Let the Housing Market Normalize! Dr. Ron Paul | There seems to be a growing consensus in favor of abolishing Fannie and Freddie. This is the good news.
Americans Using Their Rainy Day Savings to Live Rebel Traders | The reality of the ‘real economy’, as measured by people, not Wall Street, is a deteriorating economy where any source of funds is fair game to be tapped into.
The Never Ending Recession Mr. Rosenberg believes we could see a negative GDP print THIS quarter. And if he’s right that means analysts are far too optimistic about the upcoming quarter.
Economic forecaster: ‘Greatest Depression’ coming Collapse of middle class means there’s no fuel for recovery, Gerald Celente argues.
National / World:
Former FBI Agent Reveals New Angle On Kennedy Assassination [bush, typically, was involved up to his eyeballs, and ‘knuck’ (knucklehead not-to-bright ford) the typical go along to get along. ]‘… Despite the threat and possibility of a conspiracy to assassinate the president, the FBI and Secret Service allowed Kennedy to travel to Dallas. “[They] should have stopped the President from traveling instantly,” said Adams. “You thought I was kidding when I said he would be killed from a window with a high powered rifle,” a “jubilant” Milteer” told the informant following the murder. Adams points out that Milteer was in Dallas on the day of the assassination and has a photograph to prove it. In the photo, Milteer stands near the presidential limousine prior to the shooting. Adams notes this fact was not mentioned in the Warren Commission report. Other, more well-known personages were also photographed in Dealy Plaza on that fateful day, in particular George Bush Senior. The future CIA director and president was photographed standing outside the Texas Book Depository building where it was said Oswald single-handedly shot the president from the sixth floor. Gerald Ford appointed Bush to head-up the agency when the House Select Committee on Assassinations was investigating CIA-FBI links to the murders of John F. Kennedy, Martin Luther King and Robert Kennedy. During Gerald Ford’s funeral in 2007, the elder Bush attacked theories straying from the official version. “After a deluded gunman assassinated President Kennedy, our nation turned to Gerald Ford and a select handful of others to make sense of that madness,” said Bush. “And the conspiracy theorists can say what they will, but the Warren Commission report will always have the final definitive say on this tragic matter. Why? Because Jerry Ford put his name on it and Jerry Ford’s word was always good.” After Adams told the FBI he believed it was impossible for Oswald to have fired three shots with a bolt-action rifle in seven-and-a-half seconds while taking aim through a scope, he was warned by his superiors not to pursue his findings. “Don, be careful what you say and how you say it,” an agent told him. Mr. Adams’ assertions contribute to a huge body of evidence revealing that Kennedy was not murdered by Oswald in the fashion described by the government…’
Finland Suspends Swine Flu Shots After Vaccine Linked With Neurological Disorder Paul Joseph Watson | Finland’s National Institute for Health and Welfare (THL) has suspended the use of the H1N1 vaccine over fears that the shot is linked with narcolepsy.
U.S. Court Rules That Government Can Secretly Track You With GPS, Privacy is For Rich People Only Steve Watson | TIME magazine casually admits that it is now perfectly legal in nine states for the government to attach secret satellite tracking devices to your car and monitor you wherever you go, without a search warrant.
CNN: Opposition to Government, Bankers is Criminal Kurt Nimmo | The sovereign citizen movement is considered a direct and dangerous threat by the government because it rejects out of hand its authority.
Alex Jones: Government Wants to Control Your Music Infowars.com | Alex covers the hysteria over “i-dosing” and the ultimate plan by government to control our minds and emotions.
Megalomaniacs Push For Orwellian “Safe” City, Controlled Internet Biometrics R&D firm Global Rainmakers Inc. recently unveiled a plan to place iris scanners and other tracking devices in what they toted as the “most secure” city in the world.
Study: Oil spill cleanup workers suffered chromosome damage, respiratory issues Spanish fishermen who took part in a clean-up operation after the Prestige oil tanker spill in 2002 have shown symptoms of chromosomal damage and respiratory problems, a study released Tuesday said.
4th Amendment Violating Mobile X-Ray Scanners Hit The Streets As we warned at the beginning of the year, X-ray body scanners currently being used and abused in airports across the world are set to hit the streets as American Science & Engineering reveals that “more than 500 backscatter x-ray scanners mounted in vans that can be driven past neighboring vehicles to see their contents” have been sold to government agencies.
Pentagon Teaches Kindergarten Kids As U.S. Schools Are Militarized For Martial Law Conditioning This represents the process of full spectrum dominance over our children’s minds. First the government paid the mothers not to have husbands in the home (single parent benefits) and now the soldiers are bringing up our kids from Kindergarten age. This is about training Americans almost from birth that’s it’s normal to have troops involved in routine life on a day to day basis. This is total martial law conditioning.
Drudgereport: MORGAN STANLEY: Government Bond Defaults Inevitable...
Roubini: Growth to Be 'Well Below' 1% ...
New Home Sales Sink to Lowest Pace on Record...
POLITICO: SOME DEMS THINK HOUSE IS GONE...
INTEL CEO blasts Obama, Dems; USA faces looming tech decline...
LETTERMAN TURNS: 'He'll have plenty of time for vacations after his one term' … [ This really is so true … wobama is so total, typical b*** s*** ] ...
Google’s Plans to Take Over The Internet Exposed! Google’s agreement with Verizon to speed certain Internet content to users opens the door to the complete sterilization of the world wide web as a force for political change. Under Google’s takeover plan, the Internet will closely resemble cable TV, independent voices will be silenced and the entire Internet will be bought up by transnational media giants.
‘Pre-Crime’ Reaches Number 1 Google Trend Spot Matt Ryan | Steve Watson’s incredible article about the use of pre-crime technology was picked up by large news sites such as the Drudge Report and others.
Pre-Crime Technology To Be Used In Washington D.C. Steve Watson | Computers predict what crime will be committed where, by who and when.
Drudgereport: GALLUP GENDER GAP: Obama's Approval Among Men Hits All-Time Low of 39%...
LOBOTOMY JOE BIDEN: 'We're moving in right direction'… Right lobotomy joe, anything you say! ...
Worries about recovery deepen...
'Hindenburg Omen' creator exits stock market...
Economy in 'Depression, Not Recession'...
Dow Faces 'Bouncy Ride to 5,000'...
Typical Slow Summer -- or Something Darker?
Drop in Home Sales Renews Pricing Fears...
Investors Scatter to Safety...
Unemployed group blasts Geithner's handling of economy...
BOEHNER URGES OBAMA TO FIRE...
'Government as community organizer' has failed...
LA UNVEILS $578 MILLION SCHOOL
More Expensive Than China's Olympic Stadium!
California Delays $2.9 Billion School, County Payments Amid Budget Impasse...
'Beat Whitey Night': Iowa racial attacks at state fair... POLICE REPORTS...
Gasoline prices hit 8-month low (Washington Post) [ Strange days indeed. There was a time not long ago that the same news would engender a ‘glass-half-full’ spin for a fraudulent wall street rallying point. At the same time, higher oil prices one of those reasons for selling into the bubble. Today, higher oil prices day to day provide a ‘glass-half-full’ spin for a fraudulent wall street rallying point that drives the oils (stocks) higher. Yes, that’s how bad the economy really is. (Not a reference to ‘Strange Days’ the interesting film from that impressive oscar-winning giant (amazon) of a woman, Kathryn Bigelow, which sported a cast that included Tom Sizemore which of itself meant strange indeed.) ].
AIG pays back $4 billion of bailout debt (Washington Post) [ Ah, yes. How endearing. Just goes to show that the hearts of american business are in the right places. So touching … I’m sure I’m not alone in shrugging with a sense that given america’s chosen intractable downward path such as this matters little or none! ]
Obama targets IT contracts (Washington Post) [ And what goals are being met with the protracted mid-east wars with costs exceeding a trillion other than defacto bankruptcy of the nation and anti-american sentiment, not to mention the diversion from the multitude of america’s domestic problems. It seems to me that IT would be among the last of items warranting scrutiny (360 tons of $100’s flown into Iraq would without scrutiny go right into the treasury, etc.) , particularly since tech, though over-rated, is probably america’s last strength owing to a significant head start and a built- in language bias, though quickly becoming mere assemblers / distributors of foreign-made (components) at best.] The White House unveils plans to review 26 government information-technology projects worth a total of $30 billion as part of an effort to trim back or cancel contracts that aren't meeting goals.
NATIONAL / WORLD
For Obama, some chances ahead (Washington Post) [ Come on! Wake up! There are no chances ahead for wobama’s already failed presidency! He knows it, the people know it, and even his most ardent blind supporters know it. One too many b*** s*** stories and broken (campaign) promises. Delivering a speech, albeit teleprompted, is a far cry from delivering, which reality most have awaken to. He seems to be incapable of even one original thought even as the wobamas seem to take umbrage as they are dissed for self-created lack of approbation ($500 sneakers, spain trip, fiddling while the nation burns, etc.). What next? The race card? Even as his (in)justice department had decided to ignore civil rights violations by blacks and focus only on whites? No! wobama’s failed presidency is as done as an over-cooked hard-boiled egg. Empty words just ain’t enough! ] New Orleans visit, Iraq speech offer president opportunities to help end a frustrating summer.]
Drudgereport: WASHPOST TAKES ON THE SPOOKS: Hidden world, growing beyond control...
854,000 people have top-secret security clearance...
You really have to laud The Washington Post for this investigative brilliance which whether people appreciate it or not, requires great corporate and personal courage; even more so inasmuch as this is their backyard, so to speak. Clearly, this illuminates the boondoggles which amazingly are coming at a time when america will not be able to handle ‘bare necessities’ much less the self-perpetuating, need-creating, bureaucracies which I’ve previously likened to a perverse version of ‘Field of Dreams’ where if you will commit taxpayer dollars, they’ll find / create a war, conflict, new war, etc., to spend it on. NSA Has Gotten So Big, Area Around It Has 112 Acres Of Parking Spaces In yet another terrifying expose, The Washington Post continues to lift the veil on just how massive the US government’s spying operation has become.
The following youtube video is well worth the look and explains how and why the frauds on wall street have gotten away with their devastating fraud thus far. The frauds on wall street et als should be criminally prosecuted, jailed, fined, and disgorgement imposed. ( UPDATE: MORE CLAIMS OF RACE BIAS AT JUSTICE... CIVIL RIGHTS PANEL TO PURSUE FED PROBE IN BLACK PANTHER CASE... ex-Justice official quit over the handling of a voter intimidation case against the New Black Panther Party accused his former employer of instructing attorneys in the civil rights division to ignore cases that involve black defendants and white victims US v. AZ... Cases against Wall Street lag despite Holder’s vows to target financial fraud Obama broke promises ):
‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1. [ The Obama Deception Number 1 on U.S. Google Trends ]
‘The Obama Deception’ Censored ‘The Obama Deception’ has been censored In light of this development, I provide an archived site version which appears to be complete (but will be compared with earlier version and replaced with same if incomplete) http://albertpeia.com/obamadeceptionhighqualityversion.flv
Then there is the well researched, produced, and informative ‘ESOTERIC AGENDA’ which explains how we’ve gotten to this forlorn point: http://video.google.com/videoplay?docid=-7052400717834950257#
For the Same Reason I’ve Included Here a Web Site Archived FLV Version of Esoteric Agenda http://albertpeia.com/esotericagenda.flv
Who’s Barry Soetoro, wobama? Get your very own BARRY SOETORO T-Shirt and ask the question, "Where is the Birth Certificate?". The REAL name of President Barack Obama is BARRY SOETORO so get a t-shirt with a picture of him on the front and the question, "Where is the Birth Certificate?". http://infowars-shop.stores.yahoo.net/basot.html Obama’s Comeback Strategy: Appearing On “The View” Now we know how the President will turn his flagging political fortunes around… [More b*** s***!].
Is Obama a Marxist? He Works for the Bankers Glenn Beck, the Fox News talking heads, and no shortage of Tea Party activists like to characterize Barry Obama as a Marxist.
Poll: Waning support for Obama on wars usa today | Support for Obama’s wars fell to 36%, down from 48% in a February poll.
President Obama’s Real Name “Barry Soetoro” Tops Google Trends Yet another search term announced during the Alex Jones Show, “Barry Soetoro” has topped Google Trends’ hot searches, and that means a boost to exposing important keys to President Obama’s true history. The #1 search trend corresponds with a visit to Austin, Texas today from President Barack Obama, a.k.a. Barry Soetoro.
Barry Soetoro AKA Barack Obama’s Political Dynasty Crashes And Burns While Barry Soetoro’s family lavish themselves at a luxury Spanish resort amidst deepening economic turmoil, back home Obama’s political dynasty crashes and burns as his approval ratings plunge to a record low of 41 per cent with less than a few months to go before the October midterm elections.
The Fraud Of Barry Soetoro (a.k.a. Barack Hussein Obama) (Feb. 24 ...
February 11, 2009
’Dear Senators and Congressmen:
Thank you for taking the time to review the documentation relevant to the Constitutional legitimacy of the presidency Barack Obama. There have been various problems with the vetting of Mr. Obama throughout the campaign and the present. I’d like to take the opportunity to highlight the most pertinent and alarming issues that have been clearly revealed. I’m sure you will agree that this information must be further investigated promptly before any damage is done to the United States and its citizens beyond the Constitutional compromises that currently exist. Most interesting, though, is the fact that Mr. Obama has not simply ordered the original vault copy of his birth certificate to be sealed and chosen to retain three (3) law firms to defend the various cases spending a reported $800,000 (of whose money?). If Mr. Obama has nothing to hide, then why fight the more than 42 cases in federal courts alone (according to Justia) and similar number in state courts of which the merits are well-founded and substantiated through factual evidence, state and federal statutes, and international laws? Main issue is that the state of HI, according to statue 338 allows Foreign born children of Hawaiian residents to obtain Hawaiian birth certificates and obtain them based on a statement of one relative only. There is plenty of evidence of Mr. Obama being born in Kenya and obtaining his Hawaiian birth certificate based on a statement of his grandparent only, who simply didn’t want to deal with immigration and not based on any records from any hospitals. Extensive searches in the State of Hawaii showed no birthing records for his mother [Stanley] Ann Dunham in any hospital in Hawaii. … I request all of this information to be forwarded to the Senate Armed Services Committee, Senate Finance Committee, Senate Judicial Committee, Mr. Steven Whitlock, director of the whistle blower office of the IRS, ICE, State Department, and FBI for further investigation.
Respectfully submitted,
Dr. Orly Taitz, Esq.’
Did Google Block “Barry Soetoro” Search Term? Screenshots obtained by a Prison Planet reader suggest that Google may have moved to de-list “Barry Soetoro” as a popular search term shortly after it rose to the top of the Google Trends charts after yesterday’s effort by radio talk show host Alex Jones to focus attention on Barack Obama’s real name.
Bombshell: Barack Obama conclusively outed as CIA creation Wayne Madsen | Investigative journalist Wayne Madsen has discovered CIA files that document the agency’s connections to the lives of Barack Obama and his mother, father, grandmother, and stepfather.
Google Yanks “Kill The Web” Article That Warned Of Internet Takeover Having at first appeared as normal, our earlier article about Google’s plan to kill the web has been completely de-listed from Google News. This is completely unprecedented and underscores how keen Google is to prevent people from finding out that it is a CIA-NSA front that is preparing to completely end the Internet as we know it with the Verizon net-neutrality killing deal.
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