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 ]

John Hussman: Warning, An Updated Who's Who of Awful Times to Invest Excerpt from the Hussman Funds' Weekly Market Comment (12/13/10):

In recent weeks, the U.S. stock market has been characterized by an overvalued, overbought, overbullish, rising-yields syndrome that has historically been hostile to stocks. Last week, the situation became much more pointed. Past instances have been associated with such uniformly negative outcomes that the current situation has to be accompanied by the word "warning."

The following set of conditions is one way to capture the basic "overvalued, overbought, overbullish, rising-yields" syndrome:

1) S&P 500 more than 8% above its 52 week (exponential) average
2) S&P 500 more than 50% above its 4-year low
3) Shiller P/E greater than 18
4) 10-year Treasury yield higher than 6 months earlier
5) Advisory bullishness > 47%, with bearishness Investor's Intelligence)

[These are observationally equivalent to criteria I noted in the July 16, 2007 comment, A Who's Who of Awful Times to Invest. The Shiller P/E is used in place of the price/peak earnings ratio (as the latter can be corrupted when prior peak earnings reflect unusually elevated profit margins). Also, it's sufficient for the market to have advanced substantially from its 4-year low, regardless of whether that advance represents a 4-year high. I've added elevated bullish sentiment with a 20 point spread to capture the "overbullish" part of the syndrome, which doesn't change the set of warnings, but narrows the number of weeks at each peak to the most extreme observations].

The historical instances corresponding to these conditions are as follows:

December 1972 - January 1973 (followed by a 48% collapse over the next 21 months)

August - September 1987 (followed by a 34% plunge over the following 3 months)
July 1998 (followed abruptly by an 18% loss over the following 3 months)

July 1999 (followed by a 12% market loss over the next 3 months)

January 2000 (followed by a spike 10% loss over the next 6 weeks)
March 2000 (followed by a spike loss of 12% over 3 weeks, and a 49% loss into 2002)

July 2007 (followed by a 57% market plunge over the following 21 months)

January 2010 (followed by a 7% "air pocket" loss over the next 4 weeks)

April 2010 (followed by a 17% market loss over the following 3 months)

December 2010...

We certainly are aware of trend-following models that are positive here, but these things are testable, and when we do so, we find that they have performed less well over the long-term, and with much larger drawdowns, than our Market Climate approach (if that wasn't the case, we would be using them instead). As I noted in recent weeks, we've introduced robust modifications that broaden the number of Climates we define, and will allow us to take moderate, transitory exposure to market fluctuations much more frequently. So despite our present defensiveness, we expect to have more sensitivity to short and intermediate-term fluctuations as we move forward. Clearing the overbought and overbullish components of the present environment, without a significant breakdown in overall market internals, would be the quickest way to prompt a more constructive stance, even in what we view as an overvalued market. All of that said, we are hard defensive here.’

[$$] Seoul Warns Barclays, JPMorgan SEOUL—South Korean units of Barclays PLC and J.P. Morgan Chase Co. violated local banking regulations by selling inappropriate currency derivatives, an official at the Financial Supervisory Service said ...’

Unintended Consequences of Monetary Policy Mauldin ‘Correct me if I'm wrong, but I seem to remember that one of the reasons for QE2 was to lower rates on the longer end of the US yield curve. Clearly, that has not happened? Today we look at come of the unintended consequences of monetary policy, turn our eyes briefly to consumer debt, and wonder about deflating incomes. There are a lot of very interesting things to cover. (This letter will print long because there are a lot of graphs. There is the usual amount of copy.)
Ten-Year Yields Are Rising
Look at the chart below. The yield on ten-year US bonds has been rising since the beginning of QE2. But it is not just US bonds; European and UK bonds are moving up as well. This has also meant that mortgage rates in the US are up almost a half percent in the last few months. That certainly has not helped housing prices or sales, as it makes housing less affordable. (Chart from my friends at Variant Perception.) [chart]
But it is not just the US and UK. Look at what is happening to German bonds, supposedly the safest in Europe. They are up about as much as their counterparts. (Chart from Cowen International and data from Bloomberg.) [chart]
And then we look at Japan and we see the same phenomenon. Japanese real rates going up? Really? What is up with that? [chart]
In Europe it is now cheaper to hedge against corporate default than sovereign default. That is not the way it is supposed to be. [chart]
My friend and fishing buddy David Kotok of Cumberland Advisors is in London at a conference where they are discussing this very issue. He sent a note that says:

In meetings today we speculated that the sell-off is not a US-only phenomenon. We speculated that it is more than a reaction to Bernanke's QE2. If all benchmark 10-year debt is selling off by about the same amount in price change, could it be that this selling is the reallocation of globally indexed funds away from sovereign debt and into something else? Think of yourself as a Persian Gulf fund. You usually hold foreign sovereign debt in proportion to an index or benchmark. Now you want to reduce your exposure to some of the countries in the index. You either have to sell proportionately from all of the countries in the index or you will face a concentration that violates your index or benchmark. Worldwide sell-off in benchmark sovereign debt suggests this reallocation is underway. Otherwise, how can you account for the Japanese government bond, the German Bund, and the US Treasury note all moving in a correlated way?

I think that is part of it. I also think that investors and non-core central banks (those in the emerging world especially) are asking themselves about the wisdom of holding sovereign debt in currencies that are either in trouble (the euro) or have central banks that are printing money (the US, UK, and Japan). Couple that with the US having just done a tax compromise that is one huge stimulus bill, on top of extending the tax cuts, and it is enough to make investors consider the wisdom of holding longer-term debt at low rates.

Earlier this year I did one of my Conversations with John Mauldin with professors Carmen Reinhart and Ken Rogoff, who wrote the book This Time is Different. Here is a quote from Ken:

I would say that virtually every country in the world is grappling right now with how fast we get out of our fiscal stimulus and how much do we worry about this longer term problem of debt. And I fear that all together too many countries will wait too long, which doesn't mean you end up getting forced to default, it just means the choices get more painful. Something we just find as a recurrent theme, is you're just rolling along, borrowing money and it seems okay, and that's what a lot of people say and wham, you hit some limit. No one knows where it is, what it is, but we know you hit it. Carmen and I do have numbers of what are really high debts and what aren't. And the U.S. will hit that [limit] and there are people who say it is not a problem and everyone loves us, greatest country in the world, where else will the Chinese invest? And you want to hear a great, "this time it's different" theme that's a new one.John, you started out this conversation on how we got started in this research and this was one of the things in our 2003 paper that is now built into the early chapter or two of the book that just got us really excited was this realization of how not only theoretically, but quantitatively you see it, that countries have the threshold that they hit that we've found ways to try and crudely measure, where the interest rates you're charged just explode.It was an epiphany for us because it helped us understand in a really clear way, why it was that the IMF program that we were involved with, and watching and commenting on, so many of them seemed to run awry. We would be presented with this calculation with, "Oh well their debt is 50 percent, and we're going to let them go slow and run it up to 55 percent before we start getting it down." But you know if they are running into trouble at 50 percent, and you let it go up to 55 percent, the interest rate could just explode on you as the markets just don't have confidence. And then in our more recent works that we just finished this paper, Growth in a Time of Debt, we found that there was a parallel effect for advanced countries where they hit these growth limits at 90 and 100 percent.

In their book (a must read!) they write:

Highly indebted governments, banks, or corporations can seem to be merrily rolling along for an extended period, when bang! - confidence collapses, lenders disappear, and a crisis hits.

Bang is the right word. It is the nature of human beings to assume that the current trend will work out, that things can't really be that bad. The trend is your friend ... until it ends. Look at the bond markets just a few months before World War I. There was no sign of an impending war. Everyone "knew" that cooler heads would prevail.

We can look back now and see where we made mistakes in the recent crisis. We actually believed that this time was different, that we had better financial instruments, smarter regulators, and were so, well, modern. Times were different. We knew how to deal with leverage. Borrowing against your home was a good thing. Housing values would always go up. Etc.

Now there are bullish voices telling us that things are headed back to normal. Mainstream forecasts for GDP growth next year (2011) are quite robust, north of 3.5-4% for the year, based on evidence from past recoveries.

However, the underlying fundamentals of a banking crisis are far different from those of a typical business-cycle recession, as Reinhart and Rogoff's work so clearly reveals. It typically takes years to work off excess leverage in a banking crisis, with unemployment often rising for 4 years running.

An Uptick in Consumer Credit? Not!

The Fed Flow of Funds data came out this week, and it is a treasure trove for those of us with no social life. Look at the following chart. This is basically credit card debt, and it is continuing to fall. [chart]

The New York Times reports (hat tip: Mike Shedlock):

"he lowest percentage of shoppers in the 27-year-history of a national survey said they used credit cards over the Thanksgiving weekend, while the use of general credit cards like Visa and MasterCard fell 11 percent in the third quarter from a year earlier, according to the credit bureau TransUnion. Britt Beemer, chief executive of America's Research Group, a survey firm, said 'The consumer really feels a lot of pressure from previous debts, and they just aren't going to dig themselves into that kind of hole,' he said. After the Thanksgiving shopping weekend, the group found that just about 17 percent were paying with credit ... just over half of last year's level and the lowest rate in the 27 years it has conducted a survey.

Credit lines have been reduced and cards have gone away. Debit cards are the current growth area, but such a drop-off in credit card debt is unprecedented, and the graph above and the NYT-cited survey give no indications that it's going to change soon.

Then the next chart is total consumer credit outstanding. Interestingly, when I looked at it this week I noted an uptick. That seemed odd and didn't square with the credit card data. I put it into my mental file to figure out what was happening.

[chart]

And then I read fellow data miner and good friend David Rosenberg, who looked a little deeper into the data. Seems that they now count student loans as consumer credit, whereas they did not in the past. I guess I missed that memo. (Which makes using past data a bitch. I wish they would keep the data consistent or just create another series, if they think it is that important.) This from David:

Is The Credit Contraction Over? What do you know? Outstanding U.S. consumer credit expanded $3.3 billion in October after eking out a $1.3 billion increase in September. This is the first back-to-back gain since just before Hank Paulson took out his bazooka in the summer of 2008. Does this mean the credit contraction is over? Hell no. First, the raw not seasonally adjusted data show a $700 million decline.Once again, it was federally-supported credit (ie. student-backed loans) that accounted for all the increase last month - a record $31.8 billion expansion. Commercial banks, securitized pools and finance companies posted huge declines - to the point where excluding federal loans, consumer credit plunged $32.5 billion, to the lowest level since November 2004 (not to mention down a record 9% YoY). Over the past three months consumer credit outstanding net of federal student assisted loans has collapsed $76 billion ... this degree of contraction is without precedent. [chart]

That makes a lot more sense. But then how is it that consumer spending is rising as much as it has recently? Seems the savings rate is back down to 4% and people are hitting their savings.

I want us to look at these few paragraphs from a Bloomberg story quoted by Merrill:

'Ford Investing $600 million, Hiring 1,800 at SUV plant.' -- According to Bloomberg, Ford is hiring 1,800 workers and spending $600 million to overhaul a factory in Louisville, Kentucky that builds sport utility vehicles. Once the overhaul is complete, the plant will operate with two shifts employing 2,900 workers which is an increase from the current one shift that only employs 1,100. However, while work on the plant is being performed (starting December 16th) 700 workers will be laid off from the plant but they will return in the fourth quarter of 2011. Overall, 1,000 new employees will be added to Ford's payroll due to the plant's overhaul while the rest are relocated from other factories. New hires will be paid $14.50 an hour.

That works out to about $29,000 a year. Take away Social Security and other taxes and that does not leave a lot, certainly not enough to buy one of those SUVs. But that is the wave of the future, as we now compete in a global economy. I know I keep talking about my kids, but I can see every time we talk how tough it is. I get it.

But what do interest rates, QE2, debt, and lower wages have to do with each other?

QE2 and the nervousness of investors around the world are pushing up interest rates. We in the US may not have as much time as we think we do before Bang! and rates start moving up with a vengeance. And no amount of QE3-4-5 will bring rates down when the bond vigilantes strike fear into the markets.

Further, that money is not showing up in new loans to either consumers or businesses. It is showing up in asset prices like stocks, emerging markets, and commodities. Oil at $90 and gasoline at $3 per gallon is a tax on consumers, especially at the lower end of the scale. Food prices climb as grains explode, along with the metals that go into our products. And rising interest rates are not good for mortgages. QE2 is not helping consumers or the housing market. Those are unintended consequences. I am sure that was not the plan. It is helping banks with a steeper yield curve. And maybe that is the plan.

Some Thoughts for Ben

Ben. Get a clue. The world is not responding to your theories. What it is doing is getting worried about a central bank that will debase a currency. I agree that your current QE is not all that much in the grand scheme of things, but it is perception and NOT the actual use of those new dollars that is driving rates up.

Further, I am sure you are paying attention to the problems over in Europe. There is the real potential for another credit crisis, where we may in fact need some liquidity injections. You are wasting your bullets on the wrong targets. It is NOT working.

Further, what if the Irish go to the polls in a few months and vote in a new government that repudiates the current agreement (for Irish taxpayers to back Irish bank debt that is owed to German and French banks), and then when the ECB and the Germans tell them no one will buy any new debt they simply say, "Fine, we won't pay you on anything." Think that wouldn't throw a wrench in the gears? Can you 100% assure me that it won't happen?

(As an aside, I might vote for that if I were Irish. Given where they are, how much worse can it get? Here in Texas we lost all our banks in the oil and real estate crash of the '80s. Now we are doing just fine. It would be tough, but the Irish are being asked to shoulder a massive amount of bank debt, far beyond their real means to pay. Erin Go Bragh.)

I can't get any real data on how closely tied US banks are to European banks. The ties were certainly close in the last credit crisis. How much has that changed? If we actually need the Fed to step in once again, the markets could get really spooked, as the next QE rounds might not be accepted so sanguinely.

Then maybe I am just a natural-born worrier, sitting back here in the cheap seats. The markets are going up. The call-to-put ratio is high and rising. Bull-bear sentiment is very high. The world is bullish. What could go wrong? Bartender, another round, please.

Disclaimer

John Mauldin is president of Millennium Wave Advisors, LLC, a registered investment advisor. All material presented herein is believed to be reliable but we cannot attest to its accuracy. Investment recommendations may change and readers are urged to check with their investment counselors before making any investment decisions…’

2010: The Year of Bifurcated Recoveries, Part 2 ‘… In summation, we really do have two separate economies:

(1) An industrial, export, Wall Street and general consumer goods economy, which is in a strong, full, V-shaped recovery; and

(2) an economy consisting of:
- Housing and other construction, which is still bouncing along the bottom or still declining slightly

- State and local government, lagging one year behind and still in the throes of recession, and

- Employment, which is growing slowly; and wages and income, which are barely growing at all.

The story of 2010 was indeed that of the bifurcated recovery.’

Is Santa Claus rally almost done? (Reuters) Krudy NEW YORK – ‘The December rally may be reaching its climax, with just two weeks to go before Santa Claus makes his midnight run. Dwindling volume, excess optimism, and history all point to a stock market that could be running out of steam…’

NY Times: A Secretive Banking Elite Rules Trading in Derivatives On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.

The Time Has Come for Accountability And Transparency At The Fed Fed officials are not elected, and by design are not subject to the will of the voters. While the Fed is a creature of Congress, current law does not provide substantive control.

The Economy Cannot Recover Until the Big Banks Are Broken Up [ That, along with long overdue prosecutions! ]A lot of people still haven’t heard that the economy cannot recover until the big banks are broken up.

November Budget Deficit $150.4 Billion, Worse Than $138 Billion Consensus, Biggest November Deficit On Record The Treasury has released the November deficit, which at $150.4 billion was about $12 billion worse than expected. Total receipts were $148 billion, of which individual income taxes were $64.3 billion, while the government actually refunded $3.1 billion for corporate taxes in the month.

Federal Reserve Loses $2.4 Billion In Taxpayer Money In Most Recent QE2 POMO Interval Zero Hedge | Like every other asset manager, the Fed has to be held accountable for its trading efficacy.

November Budget Deficit $150.4 Billion, Worse Than $138 Billion Consensus, Biggest November Deficit On Record The Treasury has released the November deficit, which at $150.4 billion was about $12 billion worse than expected. Total receipts were $148 billion, of which individual income taxes were $64.3 billion, while the government actually refunded $3.1 billion for corporate taxes in the month.

Federal Reserve Loses $2.4 Billion In Taxpayer Money In Most Recent QE2 POMO Interval With the Federal Reserve now actively participating in capital markets, it should be noted that just like every other asset manager, the Fed has to be held accountable for its trading efficacy.

A Secretive Banking Elite Rules Trading in Derivatives New York Times | The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable.

Federal Reserve Loses $2.4 Billion In Taxpayer Money In Most Recent QE2 POMO Interval Zero Hedge | Like every other asset manager, the Fed has to be held accountable for its trading efficacy.

Bernard Madoff’s son Mark found hanged London Guardian | Mark Madoff found hanged in New York, two years to the day after his father turned himself in over billion-dollar fraud.

Jim Rogers – Britain is Bankrupt! – The UK just havent owned up to it yet RT discusses UK’s economic and political situation with author, financial commentator and investor Jim Rogers.

Will Ron Paul Be Able To End The Fed? Is Ron Paul finally in position to really do something about the Federal Reserve? U.S. Representative Spencer Bachus, the chairman-elect of the House Financial Services Committee, has announced that Ron Paul will chair the domestic monetary policy subcommittee starting next month.

Ron Paul On Job to Oversee Federal Reserve Infowars.com | Paul: “Nothing good can come from the Federal Reserve.”

Two bank closures bring year total to 151 (Reuters) Paramount Bank Bank Fails Along with Earthstar Bank This brings the total amount of 2010 bank failures to 151. ... Paramount Bank closed on Friday, December 10 without any advanced notice to customers. ... MyBankTracker.com - FoxBusiness.com - Two Bank Failures Bring Year's Tally To 151 Published December 10, 2010. | MarketWatch SAN FRANCISCO -- One bank failure in Pennsylvania and one in ... http://www.foxbusiness.com/markets/2010/12/10/bank-failures-bring-years-tally

Vatican Bank mired in laundering scandal (AP)

Stock Averages Roll Downhill, Finish on Either Side of Even Midnight Trader 4:23 PM, Dec 13, 2010 --

* NYSE up 31.91 (+0.4%) to 7,855.21

* DJIA up 18.09 (+0.2%) to 11,428

* S&P 500 up 0.06 (+0.00%) to 1,240

* Nasdaq down 12.63 (-0.5%) to 2,625

GLOBAL SENTIMENT

* Hang Seng up 0.67%

* Nikkei up 0.8%

* FTSE up 0.8%

UPSIDE MOVERS
(+) AAPL gains as Goldman resumes coverage at Conviction Buy.
(+) BSPM says on track to meet 2010 guidance.
(+/-) BNVI agrees with FDA on plan for Menerba.
(+) MAT covered in favorable Barron's cover.
(+) JDSU upgraded.
(+) NKE upgraded.
(+) PTIE offering one-time cash distribution.

DOWNSIDE MOVERS
(-) DELL making acquisition of CML; Goldman resumes coverage at Sell.
(-) CML trading above sale price, but shares down.
(-) OVTI downgraded.
(-) RIMM downgraded.
(-) GE buying U.K. energy services firm.

MARKET DIRECTION
The Dow Jones Industrial Average ends with a narrow gain, moving lower in the final minutes of trading and to wrap up today's action in the lower end of the session range. The S&P 500 ends flat. The Nasdaq Composite ends in negative territory after early gains. Stocks gained early following China's inaction on interest rates, which ran counter to the global market's broad expectation that the country would further tighten its monetary policy. Deal news also brought early broad-market support.

There were no economic releases. The Senate is expected to vote on the tax-cut deal struck by President Barack Obama and Republicans. The measure is expected to get widespread support, but could face changes in the House. Many see it as a boon to the economy but at the cost of adding to the deficit.

Commodities finished trading higher with gold and oil futures both finishing in positive territory as equities rallied on China's decision not to raise interest rates as expected.

Crude oil for January delivery finished up $0.83, or 0.9%, to $89.14 a barrel. In other energy futures, heating oil was up 0.29% to $2.46 a gallon while natural gas rose 0.1%, to $4.42 per million British thermal units.

Meanwhile, gold futures finished higher putting pressure on the dollar.

Gold for February delivery finished up 1% to $1,398 an ounce. In other metal futures, silver rose 3.6% to $29.62 a troy ounce while copper was up 2.3% to $4.21 a pound.

The U.S. dollar index (DXY) is down 1.06% to $79.22.

As for deal news, Dell (DELL) fell around 3%, while Compellent (CML) gave up 3% in late trading after Dell agreed to acquire the data-storage technology company for $960 million.

General Electric Co. (GE) was just lower late after the company said it would pay $1.3 billion for British pipeline-product maker Wellstream Holdings.

Dionex Corp. (DNEX) was up 20% late after Thermo Fisher Scientific (TMO) said it would acquire Dionex for $2.1 billion to expand its efforts in the food safety, water testing and environmental analysis markets.

As for other active movers today, Huntington Bancshares (HBAN) fell after the bank said it plans to sell $920 million in stock and repay taxpayer funds it received from the Troubled Asset Relief Program, according to several reports. Huntington also is looking to raise $300 million through a debt offering of subordinated notes at a future date.

Shares of Google (GOOG) were higher in regular-session trading after the company upgraded to "outperform" from "neutral" at Wedbush before the bell. The firm made the move citing mobile and social secular trends that the firm believes will accelerate Google's growth. The firm reportedly has a $750 price target on company shares. That is up from $575.

Also, shares of Mattel (MAT) are just higher after the company received a favorable cover story in this week's Barron's. The report said the toy maker is minting money from hot-selling brands, and returning cash to shareholders.

Shares of Wal-Mart Stores (WMT) were down as the company announced it is closing its Moscow office but remains interested in entering the Russian market through an attractive acquisition. Also, the retail giant is reportedly in advanced talks with New York-area construction unions, pledging to use union labor to build its first stores in the city to win over the building trades' support for the project, according to The Wall Street Journal. Wal-Mart, which has sought to operate more stores in urban areas, would still hire non-union employees once the stores open.

Gold May Beat Silver, Lifting Ratio by as Much as 20%: Technical Analysis Bloomberg | Gold may outperform silver, lifting the ratio between the two metals by as much as 20 percent.

Wall Street Set For Best Two Years Ever, Thanks To Bailouts Two agonizing years for the U.S. economy have been some of the best years on record for Wall Street.

`Shadow’ Lenders’ Emergency Fed Loans Benefited Biggest Banks The Federal Reserve gave more support to the world’s biggest financial companies, including Barclays Plc, Citigroup Inc. and Royal Bank of Scotland Plc, than the direct loans it disclosed this month in response to congressional mandates.

Moody’s Warns There Is Increased Likelihood Of Negative Outlook To US AAA Rating In Next 2 Years And now for some woefully overdue attempts at regaining credibility from farce agency Moody’s, which after realizing that US debt may soon hit $16 trillion has noted that the US tax package increases the likelihood of negative outlook on the US AAA rating in next 2 years.

The Consequences of Excessive Money and Debt Believe it or not the euro zone and European Union crisis is still in the formative stages. The bailout packages arranged for Greece and Ireland are not to bail out those two countries, but to bail out the European banks that lent to them and bought their bonds when it was imprudent to do so.

Ruling Puts Obamacare In Doubt U.S. District Judge Henry Hudson dealt a severe blow to Obamacare today, ruling that the government’s attempt to force citizens to buy health insurance violates the U.S. Constitution. This decision puts the enforceability of Obama’s health care system in doubt.

Jobless Recovery?: 25 Unemployment Statistics That Are Almost Too Depressing To Read ‘… Unemployment is up again! That’s right – even though Wall Street is swimming in cash and the Obama administration is declaring that “the recession is over”, the U.S. unemployment rate has gone even higher. So are you enjoying the jobless recovery? Economic Collapse Blog Dec 4, 2010 ‘Guess what? Unemployment is up again! That’s right – even though Wall Street is swimming in cash and the Obama administration is declaring that “the recession is over”, the U.S. unemployment rate has gone even higher ... Times are really, really tough and unfortunately the long-term outlook is very bleak. We should have compassion on those who are out of work right now, because soon many of us may join them.

The following are 25 unemployment statistics that are almost too depressing to read….

#1 According to the Bureau of Labor Statistics, the U.S. unemployment rate for November was 9.8 percent. This was up from 9.6 percent in October, and it continues a trend of depressingly high unemployment rates. The official unemployment number has been at 9.5 percent or higher for well over a year at this point.

#2 In November 2006, the “official” U.S. unemployment rate was just 4.5 percent.

#3 Most economists had been expecting the U.S. economy to add about 150,000 jobs in November. Instead, it only added 39,000.

#4 In the United States today, there are over 15 million people who are “officially” considered to be unemployed for statistical purposes. But everyone knows that the “real” number is even much larger than that.

#5 As 2007 began, there were just over 1 million Americans that had been unemployed for half a year or longer. Today, there are over 6 million Americans that have been unemployed for half a year or longer.

#6 The number of “persons not in the labor force” in the United States recently set another new all-time record.

#7 It now takes the average unemployed American over 33 weeks to find a job.

#8 When you throw in “discouraged workers” and “underemployed workers”, the “real” unemployment rate in the state of California is actually about 22 percent.

#9 In America today there are not nearly enough jobs for everyone. In fact, there are now approximately 5 unemployed Americans for every single job opening.

#10 According to The New York Times, Americans that have been unemployed for five weeks or less are three times more likely to find a new job in the coming month than Americans that have been unemployed for over a year.

#11 The U.S. economy would need to create 235,120 new jobs a month to get the unemployment rate down to pre-recession levels by 2016. Does anyone think that there is even a prayer that is going to happen?

#12 There are 9 million Americans that are working part-time for “economic reasons”. In other words, those Americans would gladly take full-time jobs if they could get them, but all they have been able to find is part-time work.

#13 In 2009, total wages, median wages, and average wages all declined in the United States.

#14 As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time that less than 12 million Americans were employed in manufacturing was in 1941.

#15 The United States has lost at least 7.5 million jobs since the recession began.

#16 Today, only about 40 percent of Ford Motor Company’s 178,000 workers are employed in North America, and a big percentage of those jobs are in Canada and Mexico.

#17 In 1959, manufacturing represented 28 percent of U.S. economic output. In 2008, it represented 11.5 percent.

#18 Earlier this year, one poll found that 28% of all American households had at least one member that was looking for a full-time job.

#19 In the United States today, over 18,000 parking lot attendants have college degrees.

#20 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#21 As the employment situation continues to stagnate, millions of American families have decided to cut back on things such as insurance coverage. For example, the percentage of American households that have life insurance coverage is at its lowest level in 50 years.

#22 Unless Congress acts, and there is no indication that is going to happen, approximately 2 million Americans will stop receiving unemployment checks over the next couple of months.

#23 A poll that was released by the Pew Research Center back in June discovered that an astounding 55 percent of the U.S. labor force has experienced either unemployment, a pay decrease, a reduction in hours or an involuntary move to part-time work since the economic downturn began.

#24 According to Richard McCormack, the United States has lost over 42,000 factories (and counting) since 2001.

#25 In the United States today, 317,000 waiters and waitresses have college degrees.

But this is what we get for creating the biggest debt bubble in the history of the world. For decades we have been digging a deeper hole for ourselves by going into increasingly larger amounts of debt. In America today, our entire economy is based on debt. Even our money is debt. We were fools if we ever thought this could go on forever. Just think about it. Have you ever gone out and run up a bunch of debt? It can be a lot of fun sitting behind the wheel of a new car, running your credit cards up to the limit and buying a beautiful big house that you cannot afford. But in the end what happens? It always catches up with you. Well, our collective debt is starting to catch up with us. There is a sea of red ink on every level of American society. It is only a matter of time before it destroys our economy. IF YOU THINK THAT THINGS ARE BAD NOW, JUST WAIT. THINGS ARE GOING TO GET A WHOLE LOT WORSE. A HORRIFIC ECONOMIC COLLAPSE IS COMING, AND IT IS GOING TO BE VERY, VERY PAINFUL.’

Howard Davidowitz on the Economy: "Here Are the Numbers ... WE'RE BROKE!" 11-25-10 ‘The U.S. economy "is a complete disaster," Howard Davidowitz declared here in July, the most recent in a string of dire predictions from Tech Ticker's most entertaining guest.On the eve of Thanksgiving, I asked Davidowitz if he had any regrets, or was ready to throw in the towel given recent signs of economic revival. Are you kidding me? "Here are the numbers...we're broke," Davidowitz declares, noting the U.S. government goes $5 billion deeper into debt every day and is facing $1 trillion-plus annual deficits for the next decade. "In other words, we're bankrupt."As with the economy, Davidowitz is unwaveringly consistent in his views on President Obama, calling him "deranged, dysfunctional and discredited."Results of the midterm election show "the people of this country think we are in a catastrophe," he says. "I'm with them."Check the accompanying video for more of Howard's unfettered opinions and stay tuned for additional clips from this interview. And...Happy Thanksgiving! Aaron Task is the host of Tech Ticker. You can follow him on Twitter at @atask or email him at altask@yahoo.com’

Timid Tuesday: Is it Safe? 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! ‘

17 Things Worrying Investors Lloyd's Wall of Worry

Worry Count: 17

CHINA: 1,330,044,605 people can’t be wrong.

The PIIGS: Fasten your seatbelts. It’s gonna be a long, bumpy, expensive, weird, (insert your own adjective here) freak show of a ride.

CALIFORNIA AND THE OTHER 49 STATES: Not yet as dire as “The PIIGS”. Might I suggest the classier moniker of “The Prosciuttos” for the American basket-case states?

QE II: Gobble?

U.S. ECONOMY: The “Punky Brewster” of the global economic landscape.

UNEMPLOYMENT: Only thing worse than losing your job, losing your unemployment check. At least there’s the holiday season to cheer everyone up (read: heavy sarcasm).

TAXES: Praying to the Financial Market Gods that we don’t have another TARP-like vote fiasco.

OBAMA ADMINISTRATION PART II: Still two years before the Pres. election and the peanut gallery is already pleading for a Hail Mary Pass to get them back in the game.

HFT: Instead of beating up these liquidity supplying traders, let’s honor them with their very own stock exchange. But wait -- with no retail saps to pick-off they will never get that Day 1 opening bell tick. Perfect.

XMAS 2010: As my professor friend Nick says, “Nowadays Americans are dining off of two menus – The Million Dollar and the $0.99 Cent.” And both are pissed about it.

CURRENCIES: Poor Mr. Greenback. Does someone need a hug?

HOUSING CRISIS: Price Stabilization – Are we there yet? Just a little bit more. Are we there yet? Just a little bit more. Are we there yet? Just a little bit more….

INFLATION/DEFLATION: Fed Chief Ben B. comes out swinging from his heels in defense of inflation promotion. Don’t punch yourself out as this one is likely to go the distance.

COMMODITIES: Corrected but still sky high; fortunately these prices are only affecting core, basic, life-sustaining necessities and sparing our electronic gadgets and plus-sized SUVs. Whew!

INSIDER TRADING: Another black eye for Hedge Funds. I estimate that makes black eye number 6,597.

INTEREST RATES: South Korea and China slowly turning up the dial to “11”. On the other hand the U.S. has removed the dial altogether. This never ends well….

NORTH KOREA: Here we go again.

Jobless rate jumps to 9.8% as hiring slows (Washington Post) [ The reality is not a mystery! The nation’s been thrown under the bus for the greater good (wealth) of the very few (frauds on wall street, etc.); wall street giving out record bonuses from their accomplished fraud (with no-recession b.s. bernanke help) of $144 BILLION: Come on! This is gettin’ even more downright ridiculous (if that’s even possible)! Pending home foreclosure / distress sales up, oil prices (and oil stocks) up, debased dollar down, plus a little familiar ‘better than expected’ thrown in along with prospects of a ‘no-recession bernanke’ market-frothing bull session on 60 minutes and, voila, suckers’ rally into the close to keep the suckers suckered! What’s good for the frauds on wall street is bad for just about everyone else which includes the vast majority of people and businesses, domestically and globally, as current dollar manipulation / debasement ultimately results in higher costs and loss of purchasing power (ie., oil, etc.). Clearly, this is one of those fraudulent wealth transfers to the frauds on wall street et als which will ultimately be paid for by those who least are in a position to afford it, courtesy of the ever more worthless Weimar dollar, etc., inflating earnings, eps, lowering p/e multiples, etc., see infra. This is an especially great time to sell / take profits while you can since there's much worse to come! Previous: Rosy numbers on consumer sentiment, unemployment (far better than private forecasts) from the government prior to the holiday so-called ‘shop till you drop’? How can anyone believe anything they say? Najerian interviewed by Motek chimes in with the reason for good retail cheer; viz., people have stopped paying their mortgages and are using the funds to purchase retail goods; while Davidowitz adds that with record numbers of americans on food stamps, real unemployment at 17+, and wall street giving out record bonuses from their accomplished fraud (with no-recession b.s. bernanke help) of $144 BILLION … the high end stores / jewelers will do well … daaaaah! And, with insiders and wall street frauds selling into the bubble as preceded last crash, this is an especially great opportunity to sell / take profits! Suckers’ rally on light volume, full moon, and government complicity (false data / reports) to keep suckers suckered (easy for the wall street frauds to do with just a mouse click / push of the button – and, they know all those technical trade lines that are easy to program in this current phase of the scam/fraud with the debased dollar). Keep in mind, the totally mindless blather from the ‘cottage industries’ of and fraudulent wall street itself in talking up lower P/E multiples when the same is a direct result of the debasement of the dollar and the consequent manipulation / translation (not real, see Davis, infra) which preceded the financial crisis / last crash. Unemployment, trade, deficit, etc., numbers continue decidedly worse than expected along with other negative data (and in the ‘wrong direction’, that spin accorded ‘down but not as bad as before’ b* s* ) yet the market has rallied like no tomorrow with used home foreclosure / distressed sales, though abated owing to ‘foreclosuregate’, the other ‘heralded’ good news. Moreover, the dumbo lemmings of Europe have jumped on the fraudulent defacto bankrupt american crazy train propelled to the precipice also as if no tomorrow. This is about keeping the suckers sucked in with the help of a market-frothing pre-election debased dollar for favorable currency translation and paper (but not real when measured in, ie., gold, etc.) profits which preceded the last crisis, inflating a bubble as in the last crisis to facilitate the churn-and-earn, particularly with computerized (and high frequency) trades and which commissions they’ll get again on the way down. There is nothing to support these overbought stock prices, fundamentally or otherwise. These are desperate criminals ‘at work’. Even wall street shill, the senile Buffett is saying we’re still in a recession (depression) [ Davis: ‘… all profits are inflated by 10% (from falling, debased dollar) and that 10% is the E that gets divided from the P and gives us a much better price/multiple to hang our hats on and that gets investors to BUYBUYBUY …’ The bull market that never was / were beyond wall street b.s. when measured in gold ] This is a great opportunity to sell / take profits (these lower dollar, hyperinflationary currency manipulations / translations to froth paper stocks will end quite badly as in last crash)! This is a global depression. This is a secular bear market in a global depression. The past up moves were manipulated bull (s***) cycles (at best) 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 ‘programmed computerized high-frequency churn and earn pass the hot potato scam / fraud as in prior crashes ( widely reported, high-frequency trading routinely accounts for more than 50% of daily U.S. equity trading volume and regularly approaches 70%. )’. 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.The Stock Market's Long Decline Has Begun Smith ]

(12-13-10) Dow 11,428 +18 Nasdaq 2,624 -12 S&P 500 1,240 -0- [CLOSE- OIL $89.14 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $3.00 (reg. gas in LAND OF FRUITS AND NUTS $3.20 REG./ $3.29 MID-GRADE/ $3.39 PREM./ $3.79 DIESEL) / GOLD $1,398 (+24% for year 2009) / SILVER $28.62 (+47% for year 2009) PLATINUM $1,669 (+56% for year 2009) / DOLLAR= .74 EURO, 83 YEN, .63 POUND STERLING, ETC. (How low can you go - LOWER)/ http://www.federalreserve.gov/releases/h15/update 10 YR NOTE YIELD 3.28% …..… 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!

National / World

Breaking News: Wikileaks Hacktivists Shut Down Amazon’s European Websites Assange supporters make good on threat to exact revenge for website closure Paul Joseph Watson Infowars.com Sunday, December 12, 2010. UPDATE: Amazon’s websites have just come back online. The down time was a good two hours. Twitter is still raging on the issue. It appears that Wikileaks hacktivists have made good on their threat to [...]

Did the CIA Hijack a Wikileaks Mirror? On Friday, BoingBoing reported on the CIA hosting a server that has the Wikileaks cables.

WikiLeaks backlash: The first global cyber war has begun, claim hackers He is one of the newest recruits to Operation Payback. In a London bedroom, the 24-year-old computer hacker is preparing his weaponry for this week’s battles in an evolving cyberwar. He is a self-styled defender of free speech, his weapon a laptop and his enemy the US corporations responsible for attacking the website WikiLeaks.

Worldwide demonstrations support WikiLeaks founder Julian Assange Spanish online supporters of Julian Assange called for worldwide demonstrations Saturday to press for the release of the WikiLeaks founder, who is in a London jail awaiting possible extradition to Sweden to face rape charges.

Ruling Puts Obamacare In Doubt U.S. District Judge Henry Hudson dealt a severe blow to Obamacare today, ruling that the government’s attempt to force citizens to buy health insurance violates the U.S. Constitution. This decision puts the enforceability of Obama’s health care system in doubt.

Experiment finds ‘underwear bomber’ could not have taken down flight 253 Marc Roussy | CBC recreation of underwear bomber stunt reveals difficulty igniting explosive.

Special Ops target Myanmar refugees for recruitment Jason Douglass | Special Ops identifies hundreds of refugees as potential military assets.

Constitution Will Be Victim In Zealous Effort to Go After Assange and Wikileaks Kurt Nimmo | The Constitution is anathema to the globalists and their minions in the House of Representatives, the Senate, the Justice Department and the White House.

iPhone snitch network launched Jason Douglass | A new iPhone App with the misleading name ‘PatriotApp’ attempts to draw on the power of the patriot movement, turning smartphone users into a gigantic snitch network.

On Taxes, Both Republicans and Democrats Doing the Bidding of Globalist Gangsters Kurt Nimmo | Republicans like stealing your money as much as Democrats do.

Tax Exempt Foundations and Think Tanks: The Process of Invisible Power Daniel Taylor | The hidden influence of tax-exempt foundations and think tanks in the halls of power has dramatically impacted our society.

Activist Calls Wal-Mart: Everyone is a Suspect, The Wal-Mart–DHS Connection (VIDEO) You Tube | A caller to Walmart is told by customer service that the store is working with Homeland Security to route out “suspicious behaviour” including stealing and messing up Walmart displays.

Revealed: How the CIA protected Nazi murderers London Independent | Declassified CIA files have revealed that a Ukrainian fascist leader and suspected Nazi collaborator was protected from prosecution after WWII.

WikiLeaks cables: Russia ‘was tracking killers of Alexander Litvinenko but UK warned it off’ Russia was tracking the assassins of dissident spy Alexander Litvinenko before he was poisoned but was warned off by Britain, which said the situation was “under control”, according to claims made in a leaked US diplomatic cable.

DPRK says its army and people ready for all-out war The Democratic People’s Republic of Korea (DPRK) said its army and people were ready for escalated conflicts and all-out war that would not be confined to the peninsula, the official news agency KCNA reported Saturday.

‘Mossad, CIA, MI6 behind Tehran hit’ Iran’s interior minister has accused the intelligence agencies of Israel, the United States, and Britain of involvement in the recent terrorist attacks on two Iranian nuclear scientists.

Stockholm Hit by Blasts After E-Mail Warning One man was killed and two other people were injured when two explosions hit the heart of Stockholm’s city-center shopping district on Saturday evening, the police in the Swedish capital said.

WikiLeaks: “al-Qaeda Narrative” Feeds War in Yemen, Africa The Maimi Herald reports the United States is deeply enmeshed in the Muslim world. “From the Saudi-Yemen border to lawless Somalia and the north-central African desert, the U.S. military is more engaged in armed conflicts in the Muslim world than the U.S. government openly acknowledges,” the Florida newspaper reported on December 9 after reading the latest batch of Wikileaks cables.

Did the CIA Hijack a Wikileaks Mirror? Kurt Nimmo | The CIA is notorious for setting up front companies and operations.

Geraldo Schools O’Reilly: Recent Domestic Terror Plots ‘Bogus’ Aaron Dykes | Geraldo Rivera explains why a foiled plot in Maryland fits the pattern of the FBI to “seduce” radicals and set them up with a bomb.

Will Ron Paul Be Able To End The Fed? The Economic Collapse | Ron Paul is already talking about how he is planning for a full slate of hearings on U.S. monetary policy and he has indicated that he plans to restart a push to have the Fed audited.

Ky Sen. Rand Paul: More Transparency of The Fed is a Must The Alex Jones Channel | Alex talks with the United States Senator-elect for Kentucky, Rand Paul.

Murder Or Suicide? Bernie Madoff’s son, Mark, found dead Bernard Madoff’s son Mark was found dead in the living room of his SoHo apartment this morning — hanging from a black dog leash on the two-year anniversary of his father’s stunning downfall, officials said.

Ky Sen. Rand Paul: More Transparency of The Fed is a Must Alex talks with the United States Senator-elect for Kentucky, Rand Paul.

WikiLeaks: “al-Qaeda Narrative” Feeds War in Yemen, Africa The Maimi Herald reports the United States is deeply enmeshed in the Muslim world. “From the Saudi-Yemen border to lawless Somalia and the north-central African desert, the U.S. military is more engaged in armed conflicts in the Muslim world than the U.S. government openly acknowledges,” the Florida newspaper reported on December 9 after reading the latest batch of Wikileaks cables.

“CIA Honeytrap” Ardin Deleted Twitter Posts Praising Assange Anna Ardin, described in court documents as “Miss A,” had deleted Twitter messages speaking highly of Wikileaks founder Julian Assange, the man she would later accuse of rape, according to Göran Rudling, the editor Consensus Now, a website arguing that laws based on sexual activities need to be consensual to not be considered criminal.

Congressman Ron Paul On Fox Business News Congressman Ron Paul is interviewed by Fox Business. December 10, 2010.

CIA running Wikileaks mirror site? A CIA honeypot?

Father Harassed By CPS For Feeding Kids Organic Food A father of two was harassed and investigated by Child Protective Services and police for feeding his daughters organic food, refusing to make them drink fluoride-poisoned tap water and not having them injected with mercury-laden vaccines, all of which constitutes “suspicious activity” in the new Sovietized America, a foretaste of what’s to come once Big Sis’ Wal-Mart spy campaign gets up and running.

On Taxes, Both Republicans and Democrats Doing the Bidding of Globalist Gangsters The late Leona Helmsley was spot on when she said: “We don’t pay taxes. Only the little people pay taxes.” Billionaires don’t pay taxes. They hide their money in charitable and philanthropic foundations and avoid Uncle Sam.

Ron Paul 2012? Congressman Says Odds Are 50/50 Texas Congressman Ron Paul has raised the hopes of his supporters by suggesting that a 2012 presidential run is still a distinct possibility. Meanwhile a new poll indicates that the vast majority of voters want to see the Federal Reserve fully investigated.

Obama’s Health-Care Law Ruled Unconstitutional Over Insurance Requirement The Obama administration’s requirement that most citizens maintain minimum health coverage as part of a broad overhaul of the industry is unconstitutional because it forces people to buy insurance, a federal judge ruled, striking down the linchpin of the president’s plan.

YouTube is letting users decide on terrorism-related videos Nudity. Sexual activity. Animal abuse. All are reasons YouTube users can flag a video for removal from the website. Add a new category: promotes terrorism.

Swedish Military Had Prior Knowledge Of Suicide Blast The Swedish military had prior knowledge of the suicide blast which hit a busy shopping street in central Stockholm on Saturday, suggesting the attack was allowed to go ahead in order to bolster the flagging global war on terror.

Israel group blasts arrests of Palestinian minors [ May have been some serious stone-throwers say israelis in their own defense. ] The Associated Press - JERUSALEM (AP) - Heavily armed Israeli police dragged the Dana brothers from their home before dawn, tossed them in armored jeeps and hauled them in for interrogation, the Palestinian boys and their father told The Associated Press. Video: Credibility of Israeli-Palestinian peace talks questioned Al Jazeera Video: Credibility of Israeli-Palestinian peace talks questioned Al Jazeera Report: Police dealings with Palestinian minors illegal Ha'aretz

Arrests in Afghan attack that killed 6 US troops [ Well, you heard it here first … victory at last say the americans with the arrests… riiiiight! And, we all want to know how many number twos are among the arrestees. ] The Associated Press - KABUL, Afghanistan (AP) - Several suspects have been arrested after a suicide attack killed six American troops when an explosives-packed minibus blew up at the entrance of a joint NATO-Afghan base in southern Afghanistan, officials said Monday. Afghan, NATO forces detain several people CNN International 6 US, 2 Afghan Soldiers Killed in Afghanistan Voice of America

Drudgereport: `DEFICIT HITS RECORD... MOODY'S May Cut US Rating on Tax Package...`
`Senate reaches enough votes to move forward...`
`'Tea Party' anger simmers over backroom deal; Ramps up efforts... 2 Bank Failures Bring Year's Tally To 151...`
`COPS: Madoff's son hangs himself with dog collar in SoHo apartment...`
`...gave mechanic $400 tip day before suicide`
`Madoff Trustee Launches $19.6 Billion Lawsuit; 60 accused of participating in 'illegal scheme'...`
`Pump prices close in on average $3 a gallon...`
`FLASHBACK: $1.81 when Obama took office... BLOW TO O: JUDGE RULES GOV'T CAN'T MANDATE CITIZENS BUY HEALTH CARE...`
`Cantor: Direct Appeal to Supremes...`
`POLL: Support For Obamacare Hits New Low...`
`Pelosi: 'Are You Serious?'`
`Obama: 'I'm itching for a fight'...U N C O N S T I T U T I O N A LBarbara Walters: 'This Guy (wobama) Has an Emotional Problem' [ Yes, it’s true, babawawa … wobama has substantial mental problems which along with inherent criminality are pervasive in america which also includes boner, and where were you in discussing such, babawawa regarding psychopaths bush, clinton, etc., or even former beau, senile greenspun ]...`
`DEFICIT HITS RECORD... Putin Slams West for Assange Arrest...`
`US cable: Cuba to be insolvent within 2-3 years...`
`Assange Lawyers Prepare for U.S. Spying Indictment...`
`Teen Arrested in Hack Attacks...`
`Donations to WIKILEAKS are Tax Deductible -- in Germany...`
`Anonymous cyberwarriors stun experts...`Media outlets may be probed over WikiLeaks stories, joe ‘zelig zionist incompetent and corrupt‘ lieberman in Campaign To Trample The First Amendment claims Can the US government prosecute media outlets that reported on the WikiLeaks cables? According to joe ‘zelig zionist incompetent and corrupt‘ lieberman in his Campaign To Trample The First Amendment, the answer is maybe.
`Home Values May Drop by $1.7 Trillion This Year... UNEMPLOYMENT WEEK: DOWN TO 421,000; REVISED UP LAST WEEK 438,000...`
`POLL: Most Americans Say They’re Worse Off Under Obama...F O [`Related: Olbermann: Obama Is ‘God Damned Wrong’`]REVENGE OF THE WIKIS!`
`Army of hackers targets the Swedish government...`
`Take down MASTERCARD site...`
`...VISA`
`PAYPAL...`
`AMAZON braces for hactivist attack...`
`Palin under cyber attack...`
`Assange's 'poison pill' file impossible to stop...`
`MOSCOW: Give Assange Nobel Peace Prize... SENATE REJECTS REPEAL OF DON'T ASK DON'T TELL...`
`House Dems push through massive budget bill...`
`Final House Race Decided; GOP Net Gain: 63 Seats...`
`Ron Paul, Author of 'End the Fed,' to Lead Fed Oversight Panel... Student protesters in London turn violent over tuition hikes...`
`Thousands try to break through police barricades at Houses of Parliament...`
`...attack car containing Prince Charles, Camilla...`
`Rolls Royce hit with paint; rear window smashed...`
`US Treasuries hit by biggest sell-off since LEHMAN...`
`Prices Plunge for 2nd Day on Deficit Fears...`
`Rattles investors... Oil tipped to bubble over $100 barrel... Food Stamp Rolls Continue to Rise... SHOCK POLL: Americans Believe China Has Surpassed USA in Economic Strength...`
`'U.S. fiscal health worse than Europe's'... Sorkin: Palin TV show is 'snuff movie'... [ Yeah … ‘she’s really all that’ and worse … I have great difficulty getting past the fact that she’s so incredibly dumb … not just ‘nonintellectual’ … butt really dumb! ] ‘…`Sorkin, writer of the recent Facebook movie The Social Network, also accused the Fox News contributor of making a "snuff film" after the latest episode of Sarah's Palin's Alaska featured the politician going hunting with her father and shooting a caribou. He described Palin as "deranged", a "witless bully" and a "phony pioneer girl". He also said The Learning Channel, the US cable network, "should be ashamed of itself" for broadcasting her "truly awful reality show"…’
`Senate convicts Clinton-appointed judge... [ Come on! One way or another they’re almost all getting bribed; including the initial lifetime appointment as alito, trump-barry, etc..` Abolish the corrupt, costly, economically wasteful lifetime extravagantly appointed federal courts (see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) `End those lifetime licenses to steel. ]` In earlier hearings, two attorneys who once worked with Porteous had testified that they gave him thousands of dollars in cash, including about $2,000 stuffed in an envelope in 1999, just before Porteous decided a major civil case in their client's favor.
`Assange could face espionage trial in USA...`
`Palin under cyber attack...`
`1st Amendment issues...`
`Assange's 'poison pill' file impossible to stop...`
`WIKILEAKS: Stop Us? You'll Have to Shut Down Web...`
`Berkeley 'resolution' honoring leaker... Scientologists outraged over spoof Christmas play... [ Hubbard was such a total fraud! Scientologists are delusional! ]`St. Petersburg, Florida – ‘A controversial holiday musical production is set to open at American Stage Theatre in St. Petersburg. Photos: Pictures of A Very Merry Unauthorized Children's Scientology Pageant "A Very Merry Unauthorized Children's Scientology Pageant" is a musical play designed for the holiday season, but this play will not focus on Jesus Christ, but instead the story is about L. Ron Hubbard, the founder of the church Of Scientology…’
`NO BAIL...`
`Assange 'sabotaged condom' during one night stand... Refused to wear one during another... Stockholm police: Both women are victims... INTERPOL WARRANT FOR NOT WEARING PROTECTION?ASSANGE UNDER ARREST:`
`'HE DIDN'T WEAR A CONDOM'Under arrest, will Assange dump the Doomsday Files?`
`Assange: Don't shoot messenger for revealing uncomfortable truths...`
`FLASHBACK: HILLARY COMPLAINS GOVERNMENTS BLOCK FREE FLOW OF INFO ON INTERNET...`
`WIKILEAKS: LIVE UPDATES... FCC push to regulate news draws fire...`
`Lieberman: NYT may have committed crime by printing WIKILEAKS docs...`
`US to Host World Press Freedom Day in 2011 … [ What a total travesty! The u.s. as host … What a cruel joke! ] ... OBAMA RACES TO CUT TAXES BEFORE REPUBLICANS: 6.2% Social Security tax would drop to 4.2% for workers for one year... MORETHE NEW OBAMA! SURPRISE TAX CUT MOVE` [ As with defacto bankrupt america generally, more defacto bankrupt social security system, etc., are distinctions without significant differences. ]
`OIL HITS $89...`
`Pump prices hit 2-year high... Schwarzenegger Declares Fiscal Emergency, Proposes $9.9 Billion In Cuts...`
`Top Democrats defect, join unified GOP... WIKILEAKS' Assange Will Release Encrypted Files If Arrested...`
`Cables Reveal How US Manipulated Climate Accord...`
`Cable: China Leaders Ordered Hacking on GOOGLE...`
`Meddling by Neighbors Adds to Iraq's Woes...`
`Government Workers Ordered Not to Read Cables...`
`Gingrich: Leaks Show Admin 'Shallow,' 'Amateurish'...`
`McConnell: Assange a 'High-Tech Terrorist'...`
`List of facilities 'vital to US security' leaked...`
`Mirror Sites Appear by the Hundreds...`
`Assange Speaks...`
`Hillary Jokes...`
`US forced to shake up embassies around world...THE DOOMSDAY FILESPAPER: Wave goodbye to Internet freedom... [ I’m absolutely astounded that the world is not profoundly grateful to Assange et als for providing insight into the machinations and insanity of pervasively corrupt, defacto bankrupt america, et als who wreaked havoc on the world as they pillage, plunder, and destroy (lives, nations, etc.). ] +39,000 JOBS IN NOVEMBER...`
`BOEHNER: Dem Leaders Should Stop Wasting Time on Tax Hike Votes...`
`HALPERIN: Dems 'In Midst of Nervous Breakdown'... Obama Makes Surprise Trip to Afghanistan...`
`Flies 7,000 miles -- talks to Karzai for 15 minutes on phone!`
`Forgets the Coast Guard...`
`Leaves Biden behind to handle 'disappointing' jobs report... Reid, funded by casinos, pushes online gambling...`
`ABCNEWS accused of breaking embargo...`
`2010 death toll of US troops nears that of 2001-2008 combined... OBAMA SPEECHWRITER JOKES ABOUT TSA GROPING: Allows 'defrocked priests to give back to society'...`
`US Deficit-Cutting Plan Falls Short of Needed Votes...UNEMPLOYMENT UP TO 9.8%HILLARY: Secretary of State will be 'my last public position'... ... PITCHE$ $IGNED DVD ON HOME $HOPPING NETWORK..`
`US TO BAILOUT EU [ Riiiiight! Sounds like a plan! After all, in defacto bankrupt america money does grow on trees … derivatively (pun intended) that is … you know … that ever more worthless fiat paper currency … and ultimately, existentially, philosophically, doesn’t paper come from trees … sure it does …so, no problemo since money grows on trees. ]`
`BOMBSHELL: European banks took big slice of Fed aid...`
`Hundreds of billions of dollars...`
`Fed reveals global extent of its backing... ]`Funds went to stalwarts of American industry including GE and Caterpillar and household-name companies such as Verizon, new data show.
`GEORGIA: HUNDREDS LINE UP IN COLD FOR HEAT HELP...`
`Assistance Funds Quickly Depleted...`
`'Almost like being in soup line during great depression'...`
`VIDEO...`
DELAYING TAX VOTE COULD 'CRASH STOCK MARKET' STARTING 12/15 [ Come on! There’s no way to justify the tax cut to the top 1% including the frauds on wall street … their threats don’t hunt no more … the nation’s defacto bankrupt … see Davis, supra! ]
`Chase Bank orders branch to remove Christmas tree... Cyber attack forces WIKILEAKS to change web address...`
`Respected media outlets collaborate with organization... [ Said outlets and other disseminators and of course Wikileaks deserve accolades for the advancement of first amendment liberties in the name of an informed global body politick for all.]`
`UPDATE: Latest developments...`
`Foreign contractors hired Afghan 'dancing boys'...`
`Embassy cables portray Karzai as corrupt, erratic...`
`CIA drew up UN spying wishlist...`
`Assange speaks... UPDATE: Latest WIKILEAKS developments...`
`Foreign contractors hired Afghan 'dancing boys'...`
`Embassy cables portray Karzai as corrupt, erratic...`
`CIA drew up UN spying wishlist... SANTA CLAUSE: FED AID WENT TO COMPANIES, BANKS, OFFSHORE...`
`SECRETLY BAILED OUT GE -- GE NEWS OUTLETS FAILED TO REVEAL IN FED COVERAGE... SANTA CLAUSE: FORD, BMW, TOYOTA Took Secret Government Money......`
`Fed Created Conflicts in Improvising Financial System Rescue...`
`Tax Breaks for Bailout Recipients Spark Debate...`
`MORE SECRETS: Fed Withholds Data for $885 Billion in Loans... RUSSIA TO HOST '18 WORLD CUP FINALS...`
`Qatar selected '22 host over USA, others... 'AMERICAN PSYCHO' musical in works... [ I recommend the derivative films, American Psycho and American Psycho 2, for insight! ] National Board of Review: SOCIAL NETWORK named best film...` [ National board of what? ‘Inception’ is by far and away the ‘Best Film’ across the board, in all categories, and on the list! ] `LIST... BANK OF AMERICA Becoming 'Bank of Asia' as Revenue Increases 30% ... RESET: PUTIN CRITICIZES USA OVER WIKILEAKS … [ Putin deserves the greatest deference in matters of global concern in light of his greater rationality; america’s self-serving accusations are merely envy and projection / displacement (in psychoanalytic terms) of america’s pervasively corrupt, criminal, broken system which is a far cry in reality from defacto bankrupt america’s propaganda.]...`
`REWARD: [ The payoff. Bribe complete! Next bribe scenario … ] CITI to Hire Obama's Ex-Budget Chief Orszag...`
FLASHBACK: Rubin and friends ride NY-DC shuttle... ZUCKERMAN: Watching America's Decline and Fall [the moral authority of the West has dramatically declined in the face of the financial crisis. It has revealed deep fault lines within Western economies that have spread to the global economy. The majority of Western governments are running fiscal deficits of 10 percent or more relative to GDP, but it is increasingly clear that there will be no quick fixes, that big government and fiscal deficits will not bring us back to the status quo ante. Indeed, the tidal wave of red ink has meant that the leverage-led or debt-led growth model is dead. Developed countries will be forced to deal with their debt on every level, from the personal to the corporate to the sovereign. Being able to borrow may have made people feel richer, but having to repay the debt is certainly making them feel poorer, particularly since the unfunded liabilities that many governments face from aging populations will have to be paid for by a shrinking band of workers. (Ecoutez, mes amis!) Demography is destiny. As a result, there is a burgeoning consensus that we are witnessing an inevitable rise of the East and a decline of the West…( 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). ) ]...
`Interpol issues wanted notice for Julian Assange [ They just can’t take the truth! ] ...`
US cuts access to files [ Think about it. Really think about it. Their policies are in the tank, along with the nation and the rest of this world as a consequence. Don’t those so detrimentally affected (everyone) have a right to know? I think in light of the global frauds, contrived perpetual wars though defacto bankruptcy of this and other nations, pervasive corruption and crime, failed policies domestically and geo-politically while serving the very parochial interests of the self-interested few, the answer is an unequivocal, YES! I believe that world history will write Mr. Assange as a hero in the truest sense. He should be given a medal; and, certainly, since mr. b* s* wobama undeservingly got a ‘nobel peace prize’ (what he does, not what he says, ie., Afghanistan, etc.), who more than Julian Assange is deserving of that and more? Cover-up / propaganda … thy name is fallen america.]...`WIKILECTURE: 'HILLARY SHOULD RESIGN' ‘…`Hillary Clinton, Julian Assange said, "should resign." Speaking over Skype from an undisclosed location on Tuesday, the WikiLeaks founder was replying to a question by TIME managing editor Richard Stengel over the diplomatic-cable dump that Assange's organization loosed on the world this past weekend. Stengel had said the U.S. Secretary of State was looking like "the fall guy" in the ensuing controversy, and had asked whether her firing or resignation was an outcome that Assange wanted. "I don't think it would make much of a difference either way," Assange said. "But she should resign if it can be shown that she was responsible for ordering U.S. diplomatic figures to engage in espionage in the United Nations, in violation of the international covenants to which the U.S. has signed up. Yes, she should resign over that."…’
`CITY ON EDGE: Cash-Strapped Newark, new jersey Forced To Lay Off 14% Of Police Force... [` From decades old (1978-1985) direct personal experience with newark, n.j., the police are the absolute last cuts that can be afforded to be made. Indeed, while walking through Military Park (a sliver of a “park” - more a pedestrian thoroughfare/cement walks) in newark, new jersey on the way to the bank during lunch hour, I heard the clearly audible screams/cries of what turned out to be an old lady on the ground with blood streaming from her mouth. I ran toward the sound of the cries, the source of which I could not see because there were so many people in and about this thoroughfare so as to block any vision of the source of the cries. When I came to the woman, on the ground, blood streaming from her mouth, I asked what happened, to which she responded she had been hit in the mouth and knocked to the ground, her purse stolen/put inside her shopping bag, and she pointed out the criminal casually now walking across the main street. Nobody stopped to help her, many having passed her by. I slammed the thug to the ground so hard that, in light of all the blood and confusion (limbic system / adrenalin flow) I thought I had been stabbed (the blood was from his elbows hitting the pavement so hard - no one helped / a crowd gathered / an undercover cop happened along). When I testified at the Grand Jury Proceeding I made sure his threat on my life was set forth in prima facie fashion so as to maximize the DA’s position with both felonies ( he went to prison – pled out ). The other case I wrote about here ( This was included on my website in the Psychology forum discussion of ‘bystander effect’ / diffusion of responsibility. ) - Having had occasion to have run down a mugger in newark, n.j. who apparently had followed a girl from the bank on her way to the bursar to pay tuition, though in pretty good shape, I was astounded by how totally exhausting such a pursuit was, how much like rubber my arms were when I traded punches with the perpetrator, and truth be told, if I had a flashlight on my belt, I have little doubt that I would have probably used it to subdue the perp. The girl was not that seriously injured, did get her pocketbook and tuition back, and the criminal went to jail. The other thing about such a pursuit that amazed me was that no one else assisted the girl or me despite being in a position to do so). (Other newark / new jersey and new york, n.y. metro, viz., ie., connecticut, and of course, d.c., d.c. metro, viz., ie., virginia experience … corrupt federal judges as maryanne trump barry, sam alito, shiff, matz (california), hall, underhill, dorsey, etc.. Defacto bankrupt america’s so-called system is pervasively corrupt and broken (AP) Abolish the corrupt, costly, economically wasteful lifetime extravagantly appointed federal courts - see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ) `] Nation's '2nd Most Dangerous City' (camden, new jersey) To Lay Off Nearly Half Of Police Force... Chicagoland: Vandals torch Christmas charity van...`

In backing tax-cut deal, Clinton regains spotlight (Washington Post) [ Right own failed presidency? Righto … riiiiight! No can do … least of all with a guy who propitiously stumbled into ‘the short-lived era’ of the global peace dividend, only to snatch failure from the jaws of victory … Of course, one may say, well, they’re better than their bush league predecessors … point well taken … but in retrospect they’ve proven to be distinctions in name only without significant differences, from war, to economics (nafta, new world order b*** s***, perpetual war / conflict, etc.). Criminals all, the new pervasively corrupt, meaningfully lawless, defacto bankrupt america . ] Ex-president's solo turn in White House briefing room seems at least a temporary handoff of power by Obama as he struggles to right own presidency. [ Timid Tuesday: Is it Safe? 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! ‘

Robinson: White House is eerily silent on taxes (Washington Post) [ Eerily? I think not! Expectantly? I think so! That is, once you get beyond the wobama b* s* ! And, truth be told party distinctions are merely distinctions without significant differences (no prosecution of the wall street frauds, wars raging in Afghanistan / Middle East, etc.. But alas, as to the ‘wobama whitehouse’ this was predictable early on as by David Icke : Barack Obama: The Naked Emperor Shocking but true revelations from David Icke (a must read) | ‘Vast numbers of people across the world, including many who should know better, have been duped by the mind-game called Operation Obama... (excerpts) Obama has been the chosen one for a long time, a fact known only to a few in the deep inner circle, and his relationship with Brzezinski almost certainly goes back to the start of the 1980s when he attended the Ivy League, and big-time Illuminati, Columbia University where Brzezinski was head of the Institute for Communist Affairs. Obama simply will not talk in any detail about this period. He has been covertly funded and supported ever since by the Trilateral Commission and its network of foundations connecting into the Ford Foundation, for whom Obama's mother worked. And a question: Does anyone really believe that someone, a 'man of the people', would simply appear from apparently nowhere to run the slickest and best-funded presidential campaign in American history? He was chosen long ago by those who wish to enslave the very people that Obama says he wants to 'set free'. The sources of Obama funding read like a Wall Street Who's Who - Goldman Sachs, UBS, Citigroup, Credit Suisse, Deutsche Bank, J.P. Morgan Chase, Morgan Stanley, and so on. No wonder he went back on his pledge to accept the limitations of public funding for his campaign and instead took the no-limit option of 'private funding. Then there is the Jewish financier, George Soros, the multi-billionaire associate of Brzezinski and closely involved with the funding and marketing of Obama. Soros is a former board member of the Illuminati's Council on Foreign Relations and funds the European Council on Foreign Relations. In short, he is a major insider' You can certainly see the Soros/Brzezinski techniques in the Obama 'revolution' in the United States. It was the complex and secretive network of Soros foundations and organisations, connected to the intelligence agencies of the US and Israel, that trained and funded students in the Ukraine, Georgia and elsewhere in the art of mass protest and overthrowing governments. These manufactured protests were sold to the world as peoples' revolutions, but it just so happened that when they were over and the old regime was removed the new leaders were those waiting in the wings all along - the puppets of Soros, Brzezinski and their associated networks. Obama is just more of the same, a big smile with strings attached, and controlled completely by the Illuminati networks that chose him, trained him, sold him and provided his record funding. It was they who kept his many skeletons under wraps, like the gay sex and crack cocaine allegations of Larry Sinclair (from affidavit: 1. Who is Ron Allen that claims to be with your Presidential camp, who is alleged to claim that someone claiming to represent me called asking for $100,000, to keep me from coming forward about our (Obama and I) November 1999 encounter of sex and cocaine use?), and they will continue to do so as long as he jumps to their bidding. Obama is just another Banksters' moll prostituting himself for fame and power, and that's why he supported the grotesque bail-out of the banking system and why he will always put their interests before the people. His financial advisors are straight from the Wall Street 'A' list, including Paul Adolph Volker (Trilateral Commission, Council on Foreign Relations, Bilderberg Group), the head of the Federal Reserve from 1979 to 1987 and Illuminati to his fingertips. Obama has made him head of the Economic Recovery Advisory Board, which is dominated by insiders, including its staff director and chief economist, Austan Goolsbee, a close Obama associate from the University of Chicago. Goolsbee is an initiate of the infamous Illuminati Skull and Bones Society at Yale University, which also includes Boy and Father Bush. It was Goolsbee who told the Canadian government not to worry about Obama's attacks on the economic effects of free trade agreements because his words were just to win votes in the election campaign. Another Wall Street insider, the Zionist Timothy Geithner (Bilderberg Group, Trilateral Commission, Council on Foreign Relations), was appointed by Obama to be his Treasury Secretary. Geithner was the President of the New York Federal Reserve Bank, the most powerful in the private Federal Reserve cartel that masquerades as America's central bank, and he is a former employee of both the Council on Foreign Relations and the appalling Kissinger Associates. Obama's Treasury team locks into the inner circle around the Zionist Robert Rubin, the Director and Senior Counselor of Citigroup, co-chairman of the Council on Foreign Relations, and economic advisor to Obama. Rubin, a member of the Illuminati Bilderberg Group, was the man behind Citigroup's strategy of expanding its risk in debt markets which forced it to be rescued by taxpayers' money. The very people who caused the financial crisis are being appointed by Obama to decide how to respond to it (more taxpayers' money for them and their friends) ‘
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... ‘`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 ...’ `US v. AZ...` Cases against Wall Street lag despite Holder’s vows to target financial fraud Washington Post | Obama has promised to hold Wall Street accountable for the meltdown. ):

‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 – well worth a look. [ The Obama Deception Number 1 on U.S. Google Trends ]

While boner and barton are indeed jokes / vegetables that bespeak the single-digit approval rate for congress, obama’s failure to deliver on promises with as well, endless war spending despite defacto bankruptcy of the nation and a watered down nothing financial regulation bill for talking points but little substance, make him as big a joker. This well researched / produced video tells the real story : http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 ‘THE OBAMA DECEPTION’ – well worth the view. [ The Obama Deception Number 1 on U.S. Google Trends ]

‘The Obama Deception’ Censored A viral You Tube upload of one of Alex Jones’ most popular feature films ‘The Obama Deception’ has been censored following a spur of the moment campaign to elevate the movie’s title to the top of the major internet search engines. In light of this development, I provide an archived site version which appears to be complete (but will be compared with earlier version and replaced with same if incomplete) 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# [ youtube is often down – website archived version is available as follows: http://www.albertpeia.com/esotericagenda.flv http://www.albertpeia.com/esotericagendalinktoarchive.htm ]

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In interview, Bush defends Iraq war and waterboarding (Washington Post) [ Defending the indefensible … what choice does he have … then there’s the lies … ] Bush breaks silence, writes next chapter (Washington Post) [ As a failed president and war criminal himself, moron dumbya bush is among the few in the world that makes failed president wobama look plausibly good in comparison … wobama merely continued the failed policies of dumbya (perpetual war, no pros the frauds on wallstreet, etc.) that got pervasively corrupt, defacto bankrupt america to this point of decline and failure. ] Anne E. Kornblut Your take: His most memorable moment? [ Like regrets in that old song (his way) he’s had a few – http://albertpeia.com/evilonthetarmac.htm here’s a few: bushisms from bush the brain-damaged moron http://albertpeia.com/bushisms.htm :

Clinton Speaks: He Did It Because He Could - There Are Serial Killers On Death Row Who Have Killed Fewer People Than Unconflicted, Pathological Liar/Perjurer, Rapist, and Murderer, Psychopath criminal american clinton

· clinton Flashed ("Dropped his Drawers") Paula Jones and Implored Her To "Kiss It" (his p***s, which owing to distinctive "marking/disfigurement" she was able to describe)

· clinton "Cops a Cheap Feel/Grope" From Kathleen Willey In Attempting Prey Upon Her Perceived Vulnerability

· clintonites Threaten Dolly Kyle Browning In Attempting To Intimidate Her Into Giving False Testimony

· clinton Brutally Rapes Juanita Broaddrick

· clinton Was Asked To Leave Oxford Owing To Sexual Assault Of A Fellow Student

He Does It Because He Can

On March 11, 1999, Investor’s Business Daily reported that at least nine (9) women have now charged that Clinton "personally assaulted them or, through his ‘agents’ or ‘people,’ threatened to do them or their families physical harm." The list includes Dolly Kyle Browning, Gennifer Flowers, Juanita Broaddrick, Paula Corbin Jones, Kathleen Willey, Monica Lewinsky, Linda Tripp, Sally Perdue, and Elizabeth Ward Gracen. "And all of them say they’re afraid for their safety so long as he remains in power."

CLINTON BODY COUNT

By: Ether Zone Staff

Here is the latest body count that we have. All of these people have been connected with the Clintons in some form or another. We have not included any deaths that could not be verified or connected to the Clinton scandals. All deaths are listed chronologically by date. This list is current and accurate to the best of our knowledge as of ~~January 13, 1999~~ August 1, 2000. (see complete list http://albertpeia.com/bodycount.htm )

Susan Coleman: Rumors were circulating in Arkansas of an affair with Bill Clinton. She was found dead with a gunshot wound to the head at 7 1/2 months pregnant. Death was an apparent suicide.

Kevin Ives & Don Henry: Initial cause of death was reported to be the result of falling asleep on a railroad track in Arkansas on August 23, 1987. This ruling was reported by the State medical examiner Fahmy Malak. Later it was determined that Kevin died from a crushed skull prior to being placed on the tracks. Don had been stabbed in the back. Rumors indicate that they might have stumbled upon a Mena drug operation.

Paul Olson: A Federal witness in investigations to drug money corruption in Chicago politics, Paul had just finished 2 days of FBI interviews when his plane ride home crashed, killing Paul and 130 others on Sept 8 1994. The Sept. 15, 1994 Tempe Tribune newspaper reported that the FBI suspected that a bomb had brought down the airplane.

Calvin Walraven: 24 year on Walraven was a key witness against Jocelyn Elder's son's drug case. Walraven was found dead in his apartment with a gunshot wound to the head. Tim Hover, a Little Rock police spokesman says no foul play is suspected.

Alan G. Whicher: Oversaw Clinton's Secret Service detail. In October 1994 Whicher was transferred to the Secret Service field office in the Murrah Building in Oklahoma City. Whatever warning was given to the BATF agents in that building did not reach Alan Whicher, who died in the bomb blast of April 19th 1995.

Ron Brown:. The Commerce Secretary died on April 3, 1996, in an Air Force jet carrying Brown and 34 others, including 14 business executives on a trade mission to Croatia, crashed into a mountainside. The Air Force, in a 22-volume report issued in June of 1996, confirmed its initial judgment that the crash resulted from pilot errors and faulty navigation equipment At the time of Brown's death, Independent Counsel Daniel Pearson was seeking to determine whether Brown had engaged in several sham financial transactions with longtime business partner Nolanda Hill shortly before he became secretary of commerce.

Charles Meissner: died: UNK - Following Ron Brown's death, John Huang was placed on a Commerce Department contract that allowed him to retain his security clearance by Charles Meissner. Shortly thereafter, Meissner died in the crash of a small plane. He was an Assistant Secretary of Commerce for International Economic Policy.

Barbara Wise: Wise a 14-year Commerce Department employee found dead and partially naked in her office following a long weekend. She worked in the same section as John Huang. Officially, she is said to have died of natural causes.

Mary C. Mahoney: 25, murdered at the Georgetown Starbuck's coffee bar over the 4th of July '97 weekend. She was a former White House intern who worked with John Huang. Apparently she knew Monica Lewinsky and her sexual encounters with Bill Clinton. Although not verified, it has been said that Lewinsky told Linda Tripp that she did not want to end up like Mahoney.

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CIAAgentAffidavit1.jpg

For Those Who Wonder About the bush-clinton-bush Stranglehold on the Nation, Realize That Their Criminal Cooperation Began With Their Lucrative Relationship Vis-a-vis What Was Known as the Mena, Arkansas Drug (cocaine from Central/South America) Run As Set Forth In This CIA Agent's Affidavit/Declaration Under Penalty of Perjury.

The Vietnam war was a painful time for America. Many young Americans were drafted and died thousands of miles from their loved ones. Young men of priviledge had a clear advantage - few of them went to Vietnam, securing positions in the National Guards of their respective states. George W. Bush was one of these men, securing a place in the Texas Air National Guard in spite of a waiting list of several hundred. However, he claims that he did not receive special consideration, which is clearly a lie.

Most of the young men lucky enough to get into the Guard fulfilled their obligations. George W. Bush did not. He was absent without leave, AWOL, for over a year. Not surprisingly, this got little attention from the corporate media...

… After the hostages' release, the arms shipments to Iran continued. Profits were funneled to another pet cause of the right wing - the Nicuaraguan terrorists known as "freedom fighters" or "Contras". Another Contra source of income was trafficking in narcotics, running cocaine into the United States, with the full knowledge and cooperation of Administration officials. In the 80's there was a huge increase in the flow of cheap crack cocaine into the inner cities of America and countless lives were destroyed.

A series of investigations led to the convictions of Oliver North and Vice Admiral John C. Poindexter, head of the National Security Council, on charges of obstructing Congress and unlawfully destroying documents, but both their convictions were later reversed. In 1992 President George H.W. Bush pardoned many of the top government officials who had been charged or convicted in the scheme. The main perpetrators of Iran/Contra and associated events remain free today, and many of them work in George W. Bush's Administration.

…

Of the three generations of Bush men mentioned on this site, the most evil and most dangerous by far is George Bush, Sr.

The Bush family came by their wealth on the backs of 11 million dead. Prescott Bush, along with partner E. Ronald Harriman, supplied financial aid and raw materials to Hitler's Third Reich.

In 1942, Bush/Harriman companies were seized under the Trading with the Enemy Act: the Union Banking Corporation, the Holland-American Trading Corporation, the Seamless Steel Equipment Corporation and Silesian-American Corporation.

After the war, the CIA recruited many former Nazis to work for them, escaping prosecution for war crimes. Klaus Barbie, infamous for ordering the murder of French children, was among them. He was, however, eventually caught and returned to France to stand trial.

… Shortly before the 9/11 attacks, John Ashcroft stopped flying commercial and started flying on government-chartered planes. Why?

In fact, the George W. Bush received many warnings that he disregarded. Bush knew, and he did nothing. Why?

Oil, that's why. And a free rein to rape the Constitution.

…- David Blomstrom ]

Hillary Clinton signals failure of direct talks on Mideast peace (Washington Post) [ Wow! I guess we were all blind-sided by that one …riiiiight! … I mean, who woulda thunk it … failed mideast peace talks … Rather than face american humiliation time after time along with contra american interest mideast status quo, america should ‘read the riot act’ to illegal nuke totin’, provocateur and war criminal nation israel and impose a fair peace … which america has the capacity to do, along with an overwhelming global consensus in which to do it! ]

Revamping 'made in China' (Washington Post) [ ‘escape sweatshop image’? I’d say, if at all, they’re not trying too hard. I mean, let’s not kid ourselves … their extreme capitalist business model is one that only an extremely communist nation can accomplish ( as the Beatles have sung, ‘with a little help from their capitalist american, etc., friends’ –and sales agents / distributors as ie., Walmart, etc.) and is as senile greenspun liked to say of the american bubble economy, ‘the envy of all the world’. No, they don’t need to, nor are they trying very hard, though there are many in the west who like to think they are. ] Export hub's upmarket moves is part of Chinese effort to escape sweatshop image.

Crude oil prices hit $90 a barrel (Washington Post) [ The wonders of that QE dollar debasement policy; which is exceedingly good for wall street short term (and I also beilieve they’re cashing out the still trillions of toxic / worthless paper assets / securities from the last, ongoing debacle for hard, fiat currency, sub rosa. ) along with the commissionable up and down, fraudulent computerized high-frequency churn-and-earn scam. If you’re attentive and look closely, the declining dollar manipulation and consequent higher oil prices, etc., preceded that last crash / debacle and this wil be no different, though possibly more drawn out. ] The jump pushes up gas prices at the pumps and crimps consumers in the peak shopping season.

Where does $250,000 a year go? (Washington Post) [ The point so aptly made by Davis hereafter and infra, is that ‘somethin’s gotta’ give, and the top 1% and the $1trillion in unnecessary war spending, for example, are the logical places to start. After all, the nation’s defacto bankrupt! 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! ‘ ] In the heated battle over extending the expiring Bush-era tax cuts, a single number has emerged from the crossfire: $250,000. But just how flush is a family of four with a $250,000 income? Analysis examines what it's like to be a 'rich' family in America.

New Economic Slide to a Lower Level? The Inflation Trader ‘Initial Claims did not administer the coup de grace to the bond market. While TIPS continued to struggle, bonds were roughly unchanged on the day as Claims came out quite near to expectations (421k). It does appear that ‘Claims have begun a new slide to a lower level, but I would caution here against relying too much on one’s eyes. The spike in late summer makes the slide appear larger than it really is, and moreover at this time of year (and, frankly, through most of January) the volatility of the Claims numbers is much higher. Ergo, we need more data to be sure that we’re really seeing what we’re seeing. I would say that I “suspect” it is so, but I don’t have enough evidence yet to reject the null. Absent such a mercy-strike, the market was reasonably quiet yesterday. However, one of my favorite data releases – come to think of it, the fact that I have a favorite data release is pretty sad – was out yesterday: the Federal Reserve’s quarterly Z1 Flow of Funds report, updated through Q3. I like this report because it allows me to update charts like these (click to enlarge): [chart] This chart (click to enlarge) shows that Federal, State, and Local debt (including Fannie Mae and Freddie Mac debt) as a proportion of total debt. This matters because the higher this ratio goes, the bigger the incentive for the government to simply monetize the debt. It isn’t outlandishly high yet, but the trend is kinda bad. [chart] This chart (click to enlarge) makes a neat point. The private sector is deleveraging, slightly. But the overall economy is not, because the government has thoughtfully taken up the slack and borrowed whatever we weren’t borrowing. This is not unrelated to the fact that the economy didn’t collapse after 2008Q3. Some of you may applaud the Administration(s) for this since it helped avert an imminent collapse. Some of you may throw brickbats at the Administration(s), since if leverage was what was causing the collapse to threaten, we clearly have the same Sword of Damocles hanging over our heads. I tend towards the latter camp, but either way I think we can agree it’s a smashing chart. [chart] So where has the private deleveraging come from? Well, there is a myth that the consumer is deleveraging. A little bit, yes, but most of the deleveraging is coming from domestic financial institutions (banks, dealers, etc). And yes, you might combine these last two charts and say “so, the financial system basically foisted a bunch of debt onto the federal ledger, aka taxpayers?” Yep, that was the deal the Administration(s) made with the devil. Again, some of you will applaud this for the short-term results and others will hurl rotten tomatoes. But probably none of you will pat Bank of America (BAC) on the back these days. (I’m just sayin’.) [chart] Tobin's Q / Average Q And, yes, the Z.1 allows us to calculate a variation of Tobin’s Q. If you don’t know what Tobin’s Q is, you can read my comparatively-succinct explanation here, but in a nutshell it is a way of comparing the market value of equities to the replacement value of their assets. Higher means a frothier market. Here I’ve divided the calculated Q by the average Q since 1952 to get a normalized Q. If this makes you think the stock market may still be overvalued, then you can thank Q. You’re welcome!’

Austrian banker Kohn key to Madoff crimes: trustee (Reuters) Reuters - Austrian banker Sonja Kohn was a "criminal soul mate" of Bernard Madoff for 23 years, running an international network of banks and funds to help perpetrate the biggest fraud in financial history... [ Biggest fraud in financial history? Come on! The recent and on-going financial fraud / debacle, yet unprosecuted is the largest of many in financial history of this country particularly. Biggest fraud that wasn’t covered up? Not even … other fraudulent wealth transfers (that’s what they really are) include that historic savings and loan debacle, among others. This is an especially great time to Sell / Take Profits since there is much, much worse to come! ]

Go to following pages for above links:
http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com
http://www.albertpeia.com/alresume.htm
http://www.scribd.com/alpeia
http://alpeiablog.blogspot.com

http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm

Monday, December 13, 2010

December 13, 2010 posts

Business / Economic / Financial

An Uptick in Consumer Credit? Not!

Some Thoughts for Ben

NY Times: A Secretive Banking Elite Rules Trading in Derivatives On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.

The Time Has Come for Accountability And Transparency At The Fed Fed officials are not elected, and by design are not subject to the will of the voters. While the Fed is a creature of Congress, current law does not provide substantive control.

The Economy Cannot Recover Until the Big Banks Are Broken Up [ That, along with long overdue prosecutions! ]A lot of people still haven’t heard that the economy cannot recover until the big banks are broken up.

Federal Reserve Loses $2.4 Billion In Taxpayer Money In Most Recent QE2 POMO Interval Zero Hedge | Like every other asset manager, the Fed has to be held accountable for its trading efficacy.

Federal Reserve Loses $2.4 Billion In Taxpayer Money In Most Recent QE2 POMO Interval With the Federal Reserve now actively participating in capital markets, it should be noted that just like every other asset manager, the Fed has to be held accountable for its trading efficacy.

A Secretive Banking Elite Rules Trading in Derivatives New York Times | The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable.

Federal Reserve Loses $2.4 Billion In Taxpayer Money In Most Recent QE2 POMO Interval Zero Hedge | Like every other asset manager, the Fed has to be held accountable for its trading efficacy.

Bernard Madoff’s son Mark found hanged London Guardian | Mark Madoff found hanged in New York, two years to the day after his father turned himself in over billion-dollar fraud.

Jim Rogers – Britain is Bankrupt! – The UK just havent owned up to it yet RT discusses UK’s economic and political situation with author, financial commentator and investor Jim Rogers.

Ron Paul On Job to Oversee Federal Reserve Infowars.com | Paul: “Nothing good can come from the Federal Reserve.”

Vatican Bank mired in laundering scandal (AP)

Stock Averages Roll Downhill, Finish on Either Side of Even Midnight Trader 4:23 PM, Dec 13, 2010 --

* NYSE up 31.91 (+0.4%) to 7,855.21

* DJIA up 18.09 (+0.2%) to 11,428

* S&P 500 up 0.06 (+0.00%) to 1,240

* Nasdaq down 12.63 (-0.5%) to 2,625

GLOBAL SENTIMENT

* Hang Seng up 0.67%

* Nikkei up 0.8%

DOWNSIDE MOVERS(-) DELL making acquisition of CML; Goldman resumes coverage at Sell.(-) CML trading above sale price, but shares down.(-) OVTI downgraded.(-) RIMM downgraded.(-) GE buying U.K. energy services firm.

Commodities finished trading higher with gold and oil futures both finishing in positive territory as equities rallied on China's decision not to raise interest rates as expected.

Crude oil for January delivery finished up $0.83, or 0.9%, to $89.14 a barrel. In other energy futures, heating oil was up 0.29% to $2.46 a gallon while natural gas rose 0.1%, to $4.42 per million British thermal units.

Meanwhile, gold futures finished higher putting pressure on the dollar.

Gold for February delivery finished up 1% to $1,398 an ounce. In other metal futures, silver rose 3.6% to $29.62 a troy ounce while copper was up 2.3% to $4.21 a pound.

The U.S. dollar index (DXY) is down 1.06% to $79.22.

As for deal news, Dell (DELL) fell around 3%, while Compellent (CML) gave up 3% in late trading after Dell agreed to acquire the data-storage technology company for $960 million.

General Electric Co. (GE) was just lower late after the company said it would pay $1.3 billion for British pipeline-product maker Wellstream Holdings.

Dionex Corp. (DNEX) was up 20% late after Thermo Fisher Scientific (TMO) said it would acquire Dionex for $2.1 billion to expand its efforts in the food safety, water testing and environmental analysis markets.

Also, shares of Mattel (MAT) are just higher after the company received a favorable cover story in this week's Barron's. The report said the toy maker is minting money from hot-selling brands, and returning cash to shareholders.

Gold May Beat Silver, Lifting Ratio by as Much as 20%: Technical Analysis Bloomberg | Gold may outperform silver, lifting the ratio between the two metals by as much as 20 percent.

Wall Street Set For Best Two Years Ever, Thanks To Bailouts Two agonizing years for the U.S. economy have been some of the best years on record for Wall Street.

Ruling Puts Obamacare In Doubt U.S. District Judge Henry Hudson dealt a severe blow to Obamacare today, ruling that the government’s attempt to force citizens to buy health insurance violates the U.S. Constitution. This decision puts the enforceability of Obama’s health care system in doubt.

National / World

Did the CIA Hijack a Wikileaks Mirror? On Friday, BoingBoing reported on the CIA hosting a server that has the Wikileaks cables.

Worldwide demonstrations support WikiLeaks founder Julian Assange Spanish online supporters of Julian Assange called for worldwide demonstrations Saturday to press for the release of the WikiLeaks founder, who is in a London jail awaiting possible extradition to Sweden to face rape charges.

Ruling Puts Obamacare In Doubt U.S. District Judge Henry Hudson dealt a severe blow to Obamacare today, ruling that the government’s attempt to force citizens to buy health insurance violates the U.S. Constitution. This decision puts the enforceability of Obama’s health care system in doubt.

Experiment finds ‘underwear bomber’ could not have taken down flight 253 Marc Roussy | CBC recreation of underwear bomber stunt reveals difficulty igniting explosive.

Special Ops target Myanmar refugees for recruitment Jason Douglass | Special Ops identifies hundreds of refugees as potential military assets.

Constitution Will Be Victim In Zealous Effort to Go After Assange and Wikileaks Kurt Nimmo | The Constitution is anathema to the globalists and their minions in the House of Representatives, the Senate, the Justice Department and the White House.

iPhone snitch network launched Jason Douglass | A new iPhone App with the misleading name ‘PatriotApp’ attempts to draw on the power of the patriot movement, turning smartphone users into a gigantic snitch network.

On Taxes, Both Republicans and Democrats Doing the Bidding of Globalist Gangsters Kurt Nimmo | Republicans like stealing your money as much as Democrats do.

Tax Exempt Foundations and Think Tanks: The Process of Invisible Power Daniel Taylor | The hidden influence of tax-exempt foundations and think tanks in the halls of power has dramatically impacted our society.

Activist Calls Wal-Mart: Everyone is a Suspect, The Wal-Mart–DHS Connection (VIDEO) You Tube | A caller to Walmart is told by customer service that the store is working with Homeland Security to route out “suspicious behaviour” including stealing and messing up Walmart displays.

Revealed: How the CIA protected Nazi murderers London Independent | Declassified CIA files have revealed that a Ukrainian fascist leader and suspected Nazi collaborator was protected from prosecution after WWII.

DPRK says its army and people ready for all-out war The Democratic People’s Republic of Korea (DPRK) said its army and people were ready for escalated conflicts and all-out war that would not be confined to the peninsula, the official news agency KCNA reported Saturday.

‘Mossad, CIA, MI6 behind Tehran hit’ Iran’s interior minister has accused the intelligence agencies of Israel, the United States, and Britain of involvement in the recent terrorist attacks on two Iranian nuclear scientists.

Stockholm Hit by Blasts After E-Mail Warning One man was killed and two other people were injured when two explosions hit the heart of Stockholm’s city-center shopping district on Saturday evening, the police in the Swedish capital said.

Did the CIA Hijack a Wikileaks Mirror? Kurt Nimmo | The CIA is notorious for setting up front companies and operations.

Geraldo Schools O’Reilly: Recent Domestic Terror Plots ‘Bogus’ Aaron Dykes | Geraldo Rivera explains why a foiled plot in Maryland fits the pattern of the FBI to “seduce” radicals and set them up with a bomb.

Will Ron Paul Be Able To End The Fed? The Economic Collapse | Ron Paul is already talking about how he is planning for a full slate of hearings on U.S. monetary policy and he has indicated that he plans to restart a push to have the Fed audited.

Ky Sen. Rand Paul: More Transparency of The Fed is a Must The Alex Jones Channel | Alex talks with the United States Senator-elect for Kentucky, Rand Paul.

Murder Or Suicide? Bernie Madoff’s son, Mark, found dead Bernard Madoff’s son Mark was found dead in the living room of his SoHo apartment this morning — hanging from a black dog leash on the two-year anniversary of his father’s stunning downfall, officials said.

Ky Sen. Rand Paul: More Transparency of The Fed is a Must Alex talks with the United States Senator-elect for Kentucky, Rand Paul.

Congressman Ron Paul On Fox Business News Congressman Ron Paul is interviewed by Fox Business. December 10, 2010.

CIA running Wikileaks mirror site? A CIA honeypot?

YouTube is letting users decide on terrorism-related videos Nudity. Sexual activity. Animal abuse. All are reasons YouTube users can flag a video for removal from the website. Add a new category: promotes terrorism.

Swedish Military Had Prior Knowledge Of Suicide Blast The Swedish military had prior knowledge of the suicide blast which hit a busy shopping street in central Stockholm on Saturday, suggesting the attack was allowed to go ahead in order to bolster the flagging global war on terror.

‘THE OBAMA DECEPTION’ http://www.youtube.com/watch?v=eAaQNACwaLw&feature=PlayList&p=2EFAB57B44063742&playnext_from=PL&index=0&playnext=1 – well worth a look. [ The Obama Deception Number 1 on U.S. Google Trends ]

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Clinton Speaks: He Did It Because He Could - There Are Serial Killers On Death Row Who Have Killed Fewer People Than Unconflicted, Pathological Liar/Perjurer, Rapist, and Murderer, Psychopath criminal american clinton

· clinton Flashed ("Dropped his Drawers") Paula Jones and Implored Her To "Kiss It" (his p***s, which owing to distinctive "marking/disfigurement" she was able to describe)

· clinton "Cops a Cheap Feel/Grope" From Kathleen Willey In Attempting Prey Upon Her Perceived Vulnerability

· clintonites Threaten Dolly Kyle Browning In Attempting To Intimidate Her Into Giving False Testimony

· clinton Brutally Rapes Juanita Broaddrick

· clinton Was Asked To Leave Oxford Owing To Sexual Assault Of A Fellow Student

He Does It Because He Can

Background http://albertpeia.com/CIAAgentAffidavit1.jpg

Most of the young men lucky enough to get into the Guard fulfilled their obligations. George W. Bush did not. He was absent without leave, AWOL, for over a year. Not surprisingly, this got little attention from the corporate media...

…

Of the three generations of Bush men mentioned on this site, the most evil and most dangerous by far is George Bush, Sr.

The Bush family came by their wealth on the backs of 11 million dead. Prescott Bush, along with partner E. Ronald Harriman, supplied financial aid and raw materials to Hitler's Third Reich.

In 1942, Bush/Harriman companies were seized under the Trading with the Enemy Act: the Union Banking Corporation, the Holland-American Trading Corporation, the Seamless Steel Equipment Corporation and Silesian-American Corporation.

After the war, the CIA recruited many former Nazis to work for them, escaping prosecution for war crimes. Klaus Barbie, infamous for ordering the murder of French children, was among them. He was, however, eventually caught and returned to France to stand trial.

… Shortly before the 9/11 attacks, John Ashcroft stopped flying commercial and started flying on government-chartered planes. Why?

In fact, the George W. Bush received many warnings that he disregarded. Bush knew, and he did nothing. Why?

DOWNSIDE MOVERS
(-) DELL making acquisition of CML; Goldman resumes coverage at Sell.
(-) CML trading above sale price, but shares down.
(-) OVTI downgraded.
(-) RIMM downgraded.
(-) GE buying U.K. energy services firm.