Woe to americans who Are All Prisoners Now All Americans are now imprisoned in a world of lies and deception created by the Bush Regime and the two complicit parties of Congress, by federal judges too corrupt, timid or ignorant to recognize a rogue regime running roughshod over the Constitution, by a bought-and-paid-for media that serves as propagandists for a regime of war criminals, and by a gutless, ignorant public who have forsaken their self-respect.

Benazir Assassinated

CHEER: Ambrose Evans-Pritchard: Bank Crisis may make '29 look 'walk in park'...

Alexander Tytler: "The average age of the world's greatest civilizations has been two hundred years JonesReport.com | 12-4-07
"The average age of the world's greatest civilizations has been two
hundred years. These nations have progressed through this sequence: from
bondage to spiritual faith; from spiritual faith to great courage; from
courage to liberty; from liberty to abundance; from abundance to
selfishness; from selfishness to complacency; from complacency to
apathy; from apathy to dependence; from dependency back again into
bondage."-- Alexander Tytler

FDR: "They who seek to establish systems of government based on the regimentation of all human beings by a handful of individual rulers... call this a New Order. It is not new and it is not order."

Andrew Jackson: "There are no necessary evils in government. Its evils exist only in its abuses."

Congressman McFadden (1934) on the Fed: "This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government."

AP: TOP 10 NEWS STORIES '07...

Former CIA Interrogator: We Carried Out Torture Because The White House Told Us To

Fire out at building next to White House

Kucinich's brother found dead

FBI agent threatened to arrest CIA interrogators in 2002.

Countdown: Bushed! Countdown's list of the top three Bush scandals you may have forgotten about because of all of the new Bush scandals. This week's scandals: Habeas Corpus-Gate, Air-Gate and NIE-Gate.

Bush administration: Back off says war criminal and strategist dumbya bush on CIA tape probe CNN

HUCKABEE SLAMS 'ARROGANT' BUSH WHITE HOUSE

Romney Proves to All He is Not as Smart as he appears to be by Hitting Huckabee for Appropriately Criticizing War Criminal Dumbya bush for the debacle in Iraq (, etc.,) Which Is the Greatest Foreign Policy Blunder in america’s short-lived history (while concomitantly destroying the republican party, etc.) - tush tush, bush bush Washington Post

Bill Clinton Says He Wasn’t Ready for White House When He Squandered the Cold War Victory and Consequent Peace Dividend and that by resisting the bushit team Obama isn't Ready For White House which is ridiculous based upon the substantial damage the bush-clinton-bush corrupt regimes have caused the nation and the world...

Bush-Clinton-Bush-Clinton : Two Families, Three Decades In The White House, The Very Best Of Times For Them and the Worst of Times and Decline For america are (and this should be the wake-up call) best Friends

WYOMING DEM CHIEF: CLINTON WOULD HURT PARTY...

LA's gangland culture spreading chaos, violence into America's heartland...

AT&T engineer says Bush Administration sought to implement domestic spying within two weeks of taking office

Dodd ready to mount filibuster to block telecom immunity

The End of America

Naomi Wolf - "There hasen't been a real investigation of 9/11."

Lee Hamilton Says the CIA Obstructed the 9/11 Commission

CIA Failed To Fully Inform Congress About Destroyed Tapes CBS News

More Evidence of Obstruction of Justice in 9/11 Investigation

Neocons Revise WMD Entry on Wikipedia Propaganda Portal

Pelosi and Harman Aided and Abetted 9/11 Cover Up

The White House and Congress Knew about the CIA Interrogation Videotapes

USATODAYGALLUP POLL: Approval of Congress sinks to new low...

9/11 Victims' Lawyers Blast Ground Zero Toxic Air Lies In Court

Bush Authorizes Full Access to U.S. Roads for Even More Mexico-Based NAFTA Trucks

What is the CFR?: The Bush Clinton Bush Clinton Administration

Olbermann: Bush is a BOLD faced LIAR about NIE/Iran

Russia's well-founded and rational deep suspicion of (particularly criminal america) the West

Hillary Campaign Tactic Backfires as Top Aide Quits

REPORT: FBI Videotape shows Sharpton cutting a deal...

Victim: Gang-Rape Cover-Up by U.S., Halliburton/KBR

Greenspan sees early signs of U.S. stagflation

Poland does not need U.S. missile defense base - ex-PM

Iran Is No Threat and That’s Official “They stole our threat” goes a headline in the Israeli daily Haaretz. The author is, of course, referring to the recently published US National Intelligence Estimate (NIE) composed by 16 American intelligence.....

Gov't official: No 'smoking gun' on Iran

Egypt Govt Accuses Israel of Meddling in Its Ties With US

Paul: Israel Demanding U.S. Further Its Self-destructive Pro-israel Mode and Invade Iran

Russia warns of US missile shield retaliation

PA Economy Worst Affected by Israeli Restrictions: WB

Israeli Airstrikes in Gaza Kill 7

NASA 'on target for return to the moon for the first time by 2020'…..riiiiight!.....UFOetry: We Never Went To The Moon - The Award-Winning Documentary/Music/Video by John Lee
'The Mother of All Frauds'

History Channel Admits WTC Tower Fell At Freefall Speed

FBI Now Admits Evidence Used to Connect Oswald to Kennedy Assasination Was Bogus

Food prices rising at highest rate for 14 years

Taj Mahal Won't Accept bushit american Dollars as India Laments Lost Value

THE HILL: Dems Cave On Spending...

China's Yuan at new high vs dollar...

YEAR-ENDER: Home Sales Plunge, Feed Recession Fears...

To Understand Business/Economics for the Coming Year The New Year Starts Here (scroll down for current date)

(1-7-08) With sloth-like reflexes and speed the lazy, fallible frauds on wall street now recognize, yes we’re already in a recession. Forget Bulls/Bears. Their new mascot:
The Prehistoric Sloth. Sloths all, the lunatic/frauds on wall street are slothish on america.

Recession in the US 'has arrived': Merrill Lynch

Morgan Stanley issues full US recession alert Ambrose Evans-Pritchard
Tuesday December 11, 2007 Morgan Stanley has issued a full recession alert for the US economy, warning of a sharp slowdown in business investment and a "perfect storm" for consumers as the housing slump spreads. In a report "Recession Coming" released today, the bank's US team said the credit crunch had started to inflict serious damage on US companies…..

Reuters House prices seen falling 30 pct 12- 6-07 By Julie Haviv NEW YORK (Reuters) - Housing markets from Punta Gorda, Florida, to Stockton, California, will crash and suffer price drops of more than 30 percent before the housing crisis is over, a report from Moody's Economy.com said on Thursday. On a national level, the housing market recession will continue through early 2009, said the report, co-authored by Mark Zandi, chief economist, and Celia Chen, director of housing economics. The report paints a worsening picture of the hard-hit housing sector, which is in the midst of its worst downturn since World War II. While activity will stabilize in 2009, it will not be until 2010 before a measurable improvement in sales, construction and pricing will emerge, the report said…..

Earnings Recession Has Arrived U.S. corporate profits are in a recession, and the entire economy can not be far behind. Slower sales and higher energy and labor costs are forcing companies from Bear Stearns Cos. to Pitney Bowes Inc. to reduce spending and hiring. Their efforts to keep earnings from eroding even further raise the risk that the economy, already weakened by the steepest housing slide since 1991, may shrink sometime next year. ‘The earnings recession has already arrived, says David Rosenberg, North America economist for Merrill Lynch & Co. in New York. We are going to see an economic recession in '08.…..’

BANK OF AMERICA Sees Bigger Writedowns (12-12-07).....

MORGAN STANLEY first loss ever; taps China for $5 Billion...

PAPER: Housing foreclosures largest since Great Depression...

Home Prices Fall for 10th Straight Month

Oil price spikes close to $97...

CITIGROUP and MERRILL face bigger writeoffs/dividend cuts, etc.....

CHEER: Ambrose Evans-Pritchard: Bank Crisis may make '29 look 'walk in park'...As central banks continue to splash their cash over the system, so far to little effect, Ambrose Evans-Pritchard argues things are rapidly spiralling out of their control Twenty billion dollars here, $20bn there, and a lush half-trillion from the European Central Bank at give-away rates for Christmas. Buckets of liquidity are being splashed over the North Atlantic banking system, so far with meagre or fleeting effects. "Liquidity doesn't do anything in this situation," says Anna Schwartz, the doyenne of US monetarism and life-time student (with Milton Friedman) of the Great Depression."It cannot deal with ….. that lots of firms are going bankrupt. The banks and the hedge funds have not fully acknowledged who is in trouble. That is the critical issue," she adds…..

NEWS FLASH: Direct from Lost Angeles Learning Annex – Presenting mobster t_rump of new yoke, new joyzey, and now caleefornia mob fame with his continuing message for the past several years: buy real estate (and watch the values go down…..riiiiight!).
Bank sues Trump over Chicago tower loan...
Trump casino to miss interest payment...

trump’s fired

(4-1-10) Dow 10,927 +70 Nasdaq 2402 +5 S&P 500 1,178 +8 [CLOSE- OIL $84.88 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,126 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.89 (+47% for year 2009) PLATINUM $1,675 (+56% for year 2009) / DOLLAR= .73 EURO, 93 YEN, .65 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.88% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull st!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression `Roubini: 'The worst is yet to come'...` `Top Eurobank prepares for 'global economic collapse'...` CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide … `THE NUMBER: DEC. -85,000 JOBS... 10%...` `'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) /` `the new carry-trade borrow low then buy bubble` `trade deficit up /` US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! `New jobless claims rise 'more than expected'...` `Retail sales drop in December; Sales for all of '09 plunge by record amount...` `Record year for foreclosures...` Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL ST (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst 5 DISTURBING FACTS FOR BULLS David Weidner's Writing on the Wall: Taking the inside path to new bubble and fraudulent gains wall street frauds as before they tout multinational currency translation for window dressing but quality of earnings and prospective growth and stability in doubt and already discounted and substantially overvalued s Another Financial Bubble Comes Into View Oil price hits new high for 2009 Gold at $2,000 Becomes Inflation-Adjusted Bullseye for ‘80 High ) [We Are in Deep Trouble: We are Going to See New Lows in The Markets The Recession Is Far from Over Portfolio Manager Says Dow Will Fall To 6,300 By Year End Classic Market Bubble October ‘Crash’ Still on the Way: CEO Max Keiser On JPMorgan, Goldman Sachs Et Al’s Fraud Goldman Sachs Operative Hired as SEC Unit COO October: High Risk for Bulls …The big, smart traders will use any buying from the public to sell into. After all, the stock market has rallied on fumes, hopes and expectations. It will be the typical case of "selling on the news."… U.S. Stock Markets Disconnected from Reality U.S. Foreclosure Filings Jump 23% to Record in Third Quarter 1929 And Today - Sobering Parallels Abound Dollar loses reserve status to yen & euro Dollar drops to 14-month low; commodities rise Rothschild Biographer: Dollar Will Suffer Long, Protracted Death Major U.S. banks and securities firms on route to award record pay in '09, despite the damage they caused from their yet unprosecuted fraud and the change back to old FASB fraud facilitator ‘mark to anything they want’ accounting: report Jim Rogers “Quite Sure” Gold Will Hit $2000, Dollar Will Lose Reserve Status Goldman Sachs 2009 bonuses to double 2008’s; $23 billion could send 460,000 to Harvard, buy insurance for 1.7 million families A second Great Depression is still probable Financial Times Gold Jumps to Record as Inflation/Worthless Dollar Outlook Fuels Investor Demand Robert Fisk on the Gulf ‘Ditching the Dollar’ AlJazeera | Report suggests a move to the Japanese Yen, Chinese Yuan, and the Euro. The 'Buy Anything' Market It's the "buy anything market" brought to you courtesy of the destruction of your currency… `Defaults on Credit Cards Climbed to Record 11.49%...` It Is Going To Be A Rocky Road Chuck Baldwin | America is on the verge of total financial collapse. The Economy is a Lie, too Paul Craig Roberts | The worst part of the decline is yet to come. BULLISH STANCE IS WEARING THIN WAY TOO MUCH RISK IN THE EQUITY MARKET Mark Hulbert (9-22-09): Corporate insiders selling at faster pace The stock market rally is just another bubble — and it’s set to pop Marc Faber Says U.S. Government Will Fail in 5 to 10 Years Push For New Global Currency At G20 HSBC bids farewell to dollar supremacy US To Face ‘Armageddon’: China, Japan Can’t Keep Buying Worthless Debt Senator Sanders: “Don’t Believe Anybody Who’s Telling You ‘The Recession is Over’ ” FDIC May Tap Fed Treasury Funds State Unemployment Keeps Rising; Three Hit Record Highs John Browne…And the markets just don't get it. Technically, S&P profits are down some 90 percent, but the Index has risen to push P/E ratios to levels not seen since 1929. Bernanke Says Recession Over. Should You Believe Him? Barry Ritholtz | Based on his track record as a forecaster and his acumen in identifying economic problems before they exploded, his views on starts and finishes of recessions are, to be blunt, irrelevant. Entering the Greatest Depression in History Andrew Gavin Marshall | The economic crisis is anything but over, the “solutions” have been akin to putting a band-aid on an amputated arm. Roubini Sees Stock Declines as Soros Warns on Economy Expect Economic Stagnancy, If Not Worse, for Years to Come Obama referred to Friday's jobs data, a loss of 263,000 jobs (roughly 100,000 more than economists expected) as sobering. Well, I agree, but to say it was unexpected is to buy into those that thinks we are in recovery phase. To me we are in the lull before the storm. By the way, of over 80 economists surveyed, none, not one, predicted the number to be as high as 263,000. That reality is sobering. But if you really want something sobering, I suggest the following link. As the author points out, if you are expecting consumers to start spending more money for an economic rebound then you are sadly mistaken. They are already spending at very high (record) levels in terms of a percentage of personal income and as a percentage of GDP. And even that is not really lifting us out of this recession absent government support. Even though consumers are pretty much spending as much as they can, the economy is still struggling. So I don't expect things to improve from here. And as this piece points out, we are in for a world of hurt due to the size of the private debt that has built up. Charts Predict Downside for the Markets Shorting the Double Dip The double dip has begun… The reported unemployment number is 9.8%; real unemployment is 20% if you include those who have stopped looking and part time workers wanting to work full time. And the labor force participation rate is at a 23 year low... The Recovery That Isn’t Peter Schiff | Americans are once again taking the government’s bait by spending money they don’t have to buy things they can’t afford. Dangers, Failures, Diversions and Shortfalls Bob Chapman | Yes, too big to fail is still in vogue, just as it was in the 1930s. The Real Reason the Giant, Insolvent Banks Aren’t Being Broken Up US Lost Credibility by Saying Banks Were Healthy, Audit Says World Bank and IMF join global attack on the dollar Larry Edelson | Washington has no choice but to devalue the dollar — and how global leaders and even the United Nations have joined the attack on the greenback by demanding it be replaced as the world’s reserve currency. US economic decline forges new world order Agence France-Presse | “The American engine is not as strong as it was before,” IMF managing director Dominique Strauss-Kahn said in a speech. Expert on Structured Finance and Derivatives Gives the Big Picture Wall Street disguised these toxic “investments” with new value-destroying securitizations and derivatives. Meanwhile, collapsing mortgage lenders paid high dividends to shareholders (old investors) and interest on credit lines to Wall Street (old investors) with money raised from new investors in doomed securities. New money allowed Wall Street to temporarily hide losses and pay enormous bonuses. This is a classic Ponzi scheme… 300 Members of The House Support Audit the Fed `Roubini: Stocks, Commodities Have Risen 'Too Much, Too Soon, Too Fast'...` TARP Boss Plays Soft Ball with the Banksters Kurt Nimmo | The “gigantic train of crime” is rolling again and it will be far worse than it was in 1929 and the 1930s. Study: Bernanke, Paulson misled public on bailouts Euro Banks May Have to Raise $78 Billion: JP Morgan U.S. Suffering Permanent Destruction of Jobs HSBC Chief Warns of Second Downturn: Report Unemployment to Rise Through Most of 2010: Roubini Key Reversals on September 23 Started the Return of the Bear Central Banks Continue to Reduce Their Share of Dollar Reserves IMF Growth Forecast: Cause for Concern, Not Optimism In a climate where economic planners and market participants are desperate Market Rally Exaggerates Reality Plunging Pensions: Taxpayers Below Some Scary Implications of US Debt Stiglitz Says Banking Problems Are Now Bigger Than Pre-Lehman “Everything the US has done since the crisis is wrong” – economist US credit shrinks at Great Depression rate prompting reality of double-dip recession Ron Paul: Federal government ‘one giant toxic asset’ Bankster Bailout Did Nothing to Solve Problem, Crisis Now Worse 16 Reasons for Equities Markets to Fall Soon WHY THE BULLS ARE SKATING ON THIN ICE Treasury: Millions more foreclosures coming Forbes Reports the Dollar Has Collapsed `PAPER: AMERICA 'FACES ARGENTINA-STYLE FALL'...` Forbes Reports the Dollar Has Collapsed Predicting Worse Ahead from America’s Economic Crisis 3 more bank failures bring 2009 total to 92 `WHITE HOUSE ECON ADVISER: HIGH UNEMPLOYMENT FOR YEARS TO COME...` The Coming Consequences of Banking Fraud Job losses slow if you believe their fake numbers (they revealed prior better than expected numbers which previously rallied stocks, were indeed not better than expected in fact, and then rallied them again); jobless rate at 26-year high We are reminded of Japan where rates were microscopic for years and the Nikkei certainly did enjoy no fewer than four 50% rallies and over 420,000 rally points in a market that is still more than 70% lower today than it was two decades ago , The market is basically discounting an earnings stream that even the consensus does not see for another two to three years ], EVER MORE WORTHLESS WEIMAR DOLLAR, INCREASED FORECLOSURE SALES AND BEN (HE STILL HAS A JOB - AS AMERICANS LOSE THEIRS) BERNANKE BULL ST (REMEMBER HIS NO RECESSION TALKS, MANY OF THEM, TO FROTH THE MARKET THEN AS NOW AND HOW MANY SUCKERS’ POINTS TO THE UPSIDE THEREFROM – WHAT TOTAL BULL ST, WHAT FRAUDS!) EVEN AS ECONOMIST KELLNER JOINS THE RATIONAL CROWD SAYING ECONOMY WILL COLLAPSE UNDER ITS OWN WEIGHT IN 2010 AND CONTINUED BAD NEWS [ INSIDERS ARE DUMPING STOCK Insiders Selling Stocks at Highest Level Since May 2008 (8-31-09) INSIDERS CONTINUE TO SELL, SELL, SELL (AT SEEKING ALPHA 8/13/09) `PAPER: FRESH ALERT ON GLOBAL STOCK MARKETS...` The Great Depression and Today - Sobering Parallels Abound Roubini: “When Governments Reach the Point Where They Are Borrowing to Pay the Interest on Their Borrowing They Are … Running a Ponzi Scheme” Economic Collapse: Bank Runs, China, Peter Schiff, Gerald Celente, Max Keiser Oldest Swiss Bank Wisely Tells Clients to Sell U.S. Assets or Leave Looming Global Debt Crisis Congressman Grayson: Fed Secretly “Stuffed” $500 Billion into “Foreign Private Pockets” and Gave $230 Billion to Citi “As a Secret Bailout” Ron Paul: End the Fed, Save the Dollar Gerald Celente: There is No Recovery Madoff Files: A Chronicle of SEC Failure US jobless soars as companies squeeze workers US jobless soars as companies squeeze workers `Food stamp list soars past 35 million... and New record; up 22% from '08...` Fairy Tales of Recovery, Reality of More Failures Goldman Sachs Wrong on Economic Recovery, Macro Hedge Funds Say The Coming Deposit Insurance Bailout Five banks closed by U.S. regulators with 89 total closures Russian Professor: Collapse Of America Could Begin In Two Months The $531 Trillion Dollar Derivatives Time Bomb Dollar Is Funny Money in Push for World Currency: Kevin Hassett Commercial Real Estate Next Mortgage Crisis Federal Reserve made $14 billion on turmoil loans `Banks' struggles have worsened...` Lehman claims could reach $100 billion: PwC [$$] Raft of Deals for Failed Banks Puts U.S. on Hook for Billions (at The Wall Street Journal Online) Three more banks fail; 2009 total hits 84 Goldman "Trading Huddles" Expose Fiction of Level Playing Field 1,000 Banks to Fail In Next Two Years AP sources: $2 trillion higher deficit projected (AP) Judge Orders Fed To Disclose Who Received Bailout Trillions Zero Hedge Claims that the Federal Reserve ITSELF Traded Over a Trillion Dollars Worth of Derivatives in March Alone Geithner: Auditing the Fed is a “line that we don’t want to cross” The Federal Reserve Must Die “True Deleveraging Has Not Begun Yet Because Losses of Financial Institutions Have Been Socialized” `Obama Predicts Unemployment, Deficits Far Worse Than Previously Stated...` `Grim...` "Artificially Sweetened" Market Could Face "Seismic Readjustment," Harrison Says `Official: Real unemployment rate at 16%...` `WSJ: Dollar Steadily Losing Influence... Senator warns of hyperinflation...` Failed banks mount; Ga, Ala, and large Texas banks shut Learn to Love the Depression US jobless claims in surprise jump for second week WHY DO EQUITY MARKETS DISAGREE WITH THE DATA? Brookings “Experts” Admit Stimulus a Bust Analyst warns of 150-200 more U.S. bank failures Government Revises Deficit Estimates Again: We Will Exceed Expectations Manufacturing Jobs Drop To Lowest Level Since 1941 What rebound? Foreclosures rise as jobs and income drop Fed to Steal State Pension Funds IMF Says You’ll Have to Pay More Taxes The risk of continuing depression rising CALPERS IS UNSUSTAINABLE `What rebound? Foreclosures rise...` Grab Your Shorts, The Correction Has Begun THE SECOND WAVE OF THE DEPRESSION: HYPERINFLATION IS LIKELY THE FDIC IS BROKE. NOW WHAT? (PART II) `DOLLAR TO DECLINE AMID CONCERN AS IT 'LOSES RESERVE STATUS'...` JOBLESS SPIKE COMPOUNDS FORECLOSURE CRISIS STOCKS SLIDE ON ECONOMY CONCERN WORLD STOCKS, OIL TUMBLE ON U.S. FRAUD EXPOSURE AND CONSUMER WORRIES Connecticut Not Learning the Right Lessons from California Weekly Market Outlook: Commercial Real Estate Continues to Deteriorate Retail sales fall, new jobless claims rise (Reuters) US Home Foreclosures Set Another Record in July Colonial BancGroup shut down by federal officials (largest bank failure this year) (AP) Economist: Claim that Economy Has Recovered “Is Like Somebody Borrowing Money from Their Uncle and Then Celebrating that Their Income Has Gone Up” ] PERSONAL & BUSINESS BANKRUPTCIES UP, WORTHLESS WEIMAR DOLLAR DOWN, FORECLOSURES UP (32% YOY AND 7% MOM AT NEW RECORD, 50% HOMES UNDERWATER, COMMERCIAL TO FOLLOW), CONFIDENCE REALISTICALLY DOWN, $100+ OIL AROUND CORNER (2010-HOGAN); HILLARY KRAMER-10% CORRECTION, CELENTE-DEPRESSION NOW UNDERWAY Bob Prechter Quite Sure Next Wave Down Will Be Bigger and March Lows Will Break Gerald Celente 2.5 Million Jobs Lost Since Obama’s Presidency `PAPER: Fresh alert on global stock markets...` TO KEEP SUCKERS SUCKERED [ Insiders Continue to Sell, Sell, Sell (at Seeking Alpha – 8/13/09) (7-29-09) Insiders Selling at Alarming Levels Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [`Tarp banks award billions in bonuses...` Goldman Sachs on pace for record bonuses: report (Reuters) Cody Willard: Goldman Sachs Is A Ponzi Scheme, Should Be Punished Accordingly Max Keiser: Prosecute the Bankster Crime Syndicate The Market's Horoscope: Downside Correction ! [ Entering the Greatest Depression in History Andrew Gavin Marshall | The crisis has many bubbles, all of which dwarf the housing bubble burst of 2008. Geithner asks Congress for higher U.S. debt limit U.S. regulators close 3 banks, total now 72 US deficit climbs to 1.3 trillion dollars This Depression is just beginning The Next Wave of Collapse is Coming Sooner than you think Back in the Great Depression of 1929 through the 1930’s, we saw a similar Zig-zag pattern. There was a crash in 1929, followed by a nice rally, but then the most devastating part of the market collapse followed into the 1930’s. `Feds Hit With Biggest Tax Revenue Drop Since 1932...` The Great Depression Two Continues There is no coincident data which is demonstrating this recession is over. Some may be at the bottom, others have a way to go… An Artifical Recovery [$$] Why I Went Fully Into Cash Bob Prechter "Quite Sure" Next Wave Down Will Be Bigger and March Lows Will Break A REALITY CHECK ON U.S. 'ECONOMIC RECOVERY' Jeff Nielson - U.S. equities are rallying again today, and (as usual) it is a rally with no basis in reality. Most of the enthusiasm comes from another string of corporate quarterly results which “beat expectations”. I had hoped that the sheep were starting to clue-in to this silly game, however it appears there is a still a large pack of Pavlov's Dogs out there – who respond to their propaganda cues without a moment of actual thought. The truth is that all of the companies “beating expectations” are still reporting steadily worse results year-over-year – and in many cases, much worse results. Among the few exceptions are U.S. financial corporations. However, since accounting-fraud was legalized in the United States (see “FASB strong-armed into mark-to-fantasy accounting”), their bottom-lines have had absolutely no connection to their business operations… The Real Economy Versus the Make-Believe World of the Government and Financial Giants In the real economy, unemployment is at Depression-era levels. Top firms' pension funds plummet Consumer bankruptcies jump 34% Nine Of Ten Sectors Overbought This Depression is just beginning US companies axe 371,000 jobs in July `Half of U.S. mortgages seen underwater by 2011...` Recovery ‘not in sight’ says BMW ] CONTINUED FRAUD WITH PROGRAMMED SUCKERS’ RALLY DESPITE NEW RECORD FOR CONTINUING UNEMPLOYMENT CLAIMS AT 6.3 MILLION AND AS I WARNED, WATCH FOR FAKE REPORTS IN DESPERATION – AND LABOR DEPT. CAME THROUGH WITH FAKE REPORT AND NEW LIE BASED UPON PEOPLE STOPPED LOOKING FOR JOBS SO THEIR RATE 9.4 BUT OBAMA SAYS 10% - REALITY IS UNEMPLOYMENT RATE IS WELL OVER 10%, THEN AIG SOARS ON “PROFIT” WITH $87 BILLION IN TAXPAYER FUNDS TO PLAY WITH [ Max Keiser: Prosecute the Bankster Crime Syndicate Insiders Continue to Sell, Sell, Sell (at Seeking Alpha) `PAPER: Fresh alert on global stock markets...` Retail sales fall, new jobless claims rise (Reuters) US Home Foreclosures Set Another Record in July (7-29-09) Insiders Selling at Alarming Levels …Although the level of insider selling is certainly alarming it's important to note that the very low levels of buying are particularly alarming. Insiders sell stock for many reasons, but they generally only buy stock for one reason: they believe the stock is going up. Despite the fact the media is reporting an end to the recession, a bottom in housing and a trough in earnings we are seeing a vote of zero confidence from the people who know these companies better than anyone else… Entering the Greatest Depression in History Andrew Gavin Marshall | The crisis has many bubbles, all of which dwarf the housing bubble burst of 2008. Geithner asks Congress for higher U.S. debt limit U.S. regulators close 3 banks, total now 72 US deficit climbs to 1.3 trillion dollars Causes of This Depression Yet To Be Addressed Further impoverishment is on the way. More and more will be laid off and they’ll be no new jobs available. Savings will be exhausted and most homes that have been financed will be under water. Some banks paid bonuses bigger than income: o This Depression is just beginning You read that right! Only $400 billion of that fantastic 6 month “green shoots” stock market rally came from money market accounts. The rest ($2.3 trillion) was laundered through the banks and other financial institutions to create the appearance of recovery and to raise equity for underwater banks rather than forcing them into receivership (which is where they belong) Bernanke probably knew that congress wouldn’t approve another TARP-type bailout for dodgy mortgage-backed assets, so he settled on this shifty plan instead. The only problem is, the banks are still broke, business investment is at historic lows, consumers are on the ropes, the unemployment lines are swelling, the homeless shelters are bulging, the pawn shops are bustling, tent cities are sprouting up everywhere, and according to MarketWatch, Corporate insiders have recently been selling their companies’ shares at a greater pace than at any time since the top of the bull market in the fall of 2007.” Face it; the economy is in the crapper and Bernanke’s trickery hasn’t done a lick of good. The Next Wave of Collapse is Coming Sooner than you think Back in the Great Depression of 1929 through the 1930’s, we saw a similar Zig-zag pattern. There was a crash in 1929, followed by a nice rally, but then the most devastating part of the market collapse followed into the 1930’s. Bob Prechter "Quite Sure" Next Wave Down Will Be Bigger and March Lows Will Break The Real Economy Versus the Make-Believe World of the Government and Financial Giants In the real economy, unemployment is at Depression-era levels. Top firms' pension funds plummet Consumer bankruptcies jump 34% Nine Of Ten Sectors Overbought This Depression is just beginning `Feds Hit With Biggest Tax Revenue Drop Since 1932...` The Great Depression Two Continues There is no coincident data which is demonstrating this recession is over. Some may be at the bottom, others have a way to go… An Artifical Recovery [$$] Why I Went Fully Into Cash US food stamp list tops 34 million for first time The Banks Own the Fed, and the Central Banks Own BIS AIG breakup nets Wall Street $1 billion bonanza: report ‘Underwater’ Mortgages to Hit 48%, Deutsche Bank Says `Oil price hits $76, highest since October...` US companies axe 371,000 jobs in July `Half of U.S. mortgages seen underwater by 2011...` Recovery ‘not in sight’ says BMW Recession Worse Than Prior Estimates, Revisions Show Bloomberg | The first 12 months of the U.S. recession saw the economy shrink more than twice as much as previously estimated, reflecting even bigger declines in consumer spending and housing, revised figures showed. DO YOU REALIZE HOW MANY SUCKERS’ RALLY POINTS WERE ADDED BY THE FAKE NUMBERS CONTRIBUTING TO THIS NEW COMMISSIONING BUBBLE! `REVISED: ECONOMY 2X WORSE...` `The government plans big revisions to historical economic data... Developing...` `Regulators shut banks in Fla., NJ, Ohio, Okla...` WASHINGTON (7-31-09) (AP) -- Regulators on Friday shut down banks in Florida, New Jersey, Ohio, Oklahoma and Illinois, boosting to 69 the number of federally insured banks to fail this year amid the pressures of the weak economy and mounting loan defaults. PhD Economist: Fed has Caused Soaring Unemployment, Millions of Foreclosures, Millions Losing Life Savings and More than $6 Trillion in Lost Output `DOLLAR DROPS TO '09 LOW...` Unemployment spreads distress in U.S. home loans `Weak Treasury Auctions Raise Worries About Debt Burden...` [$$] Senate Probes Banks for Meltdown Fraud (at The Wall Street Journal Online) Even Bernanke Admits this Could be Worse than the Great Depression Senate probes Goldman, Deutsche: report (Reuters) The Real Unemployment Rate Hits a 68-Year High 2009 Looking More Like 1929 `Dollar Falls to 2009 Low...` U.S. Markets Decline After Weaker Than Expected Data A REALITY CHECK ON U.S. 'ECONOMIC RECOVERY' Jeff Nielson - U.S. equities are rallying again today, and (as usual) it is a rally with no basis in reality. ] AND NOTHING REAL OR POSITIVE AT ALL (IE., STILL NO PROSECUTIONS OF THE FRAUDS ON WALL STREET SO JUST ANOTHER BUILT-IN COST BY CHURN-AND-EARN COMMISSIONS TO, DEFACTO TAX ON NON-PERFORMING / DECLINING ECONOMY, DURABLE GOODS DOWN/FORECLOSURES UP, CONFIDENCE REALISTICALLY DOWN, CORRUPT COMMERCE DEPARTMENT CHIMES IN WITH FAKE NUMBERS, USED HOME SALES UP WITH DEFAULTS/ SHORT SALES, JOB LOSSES UP, BETTER THAN EXPECTED MANTRA, GUIDANCE THAT DEFIES REALITY BY A LONG SHOT AS IN LAST COMMISSIONABLE BUBBLE BUST, JOB/COST CUTS TO BONE, ETC.) ( Max Keiser: Prosecute the Bankster Crime Syndicate Max Keiser: Goldman Sachs Are “Scum,” “Financial Terrorists” Bank profits not as impressive as they seem when you take into account TARP funding, changed accounting rules to fudge books, new stock issues, etc… um Cost Of Bailout Hits A Whopping $24 Trillion Dollars Entering the Greatest Depression in History Andrew Gavin Marshall | The crisis has many bubbles, all of which dwarf the housing bubble burst of 2008. Geithner asks Congress for higher U.S. debt limit U.S. regulators close 3 banks, total now 72 US deficit climbs to 1.3 trillion dollars Stearns Crucifies Paulson On Bailout Bait And Switch Fiscal ruin of the Western world beckons Foreign Embassies Urged to Stockpile Local Currencies Bailout Overseer Says Banks Misused TARP Funds Regulators shut banks in Calif., Ga. and SD ) TO KEEP SUCKERS SUCKERED [ (7-29-09) Insiders Selling at Alarming Levels Insiders Exit Shares at the Fastest Pace in Two Years Bob Prechter "Quite Sure" Next Wave Down Will Be Bigger and March Lows Will Break ] AND COMMISSION DOLLARS FLOWING [`Tarp banks award billions in bonuses...` Goldman Sachs on pace for record bonuses: report (Reuters) Cody Willard: Goldman Sachs Is A Ponzi Scheme, Should Be Punished Accordingly Max Keiser: Prosecute the Bankster Crime Syndicate Corporate Media Spotlights Distortion of Market by High Frequency Trading [$$] Big Pay Packages Return to Wall Street as new fraud gains steam (at The Wall Street Journal Online) Max Keiser: Goldman Sachs gang are ’scum’ who have co-opted U.S. gov’t Max Keiser: Goldman Sachs Are “Scum,” “Financial Terrorists” Max Keiser goes on the offensive during an appearance on France 24 as he slams Goldman Sachs as “scum” and “financial terrorists” who should be thrown in jail. ‘Printing money will lead to serious problems down the road,’ says Jim Rogers Spitzer: Federal Reserve is ‘a Ponzi scheme, an inside job’ 2009 Looking More Like 1929 AIG breakup nets Wall Street $1 billion bonanza: report ] BASED ON CONTINUED BAD NEWS ( ie., `BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...` Scams And Bailouts The Cause of World Depression Insiders Continue to Sell, Sell, Sell (at Seeking Alpha 8/13/09) `PAPER: Fresh alert on global stock markets...` Retail sales fall, new jobless claims rise (Reuters) US Home Foreclosures Set Another Record in July (7-29-09) Insiders Selling at Alarming Levels Entering the Greatest Depression in History Andrew Gavin Marshall | The crisis has many bubbles, all of which dwarf the housing bubble burst of 2008. The Market's Horoscope: Downside Correction Geithner asks Congress for higher U.S. debt limit U.S. regulators close 3 banks, total now 72 US deficit climbs to 1.3 trillion dollars Causes of Depression Yet To Be Addressed Further impoverishment is on the way. More and more will be laid off and they’ll be no new jobs available. Savings will be exhausted and most homes that have been financed will be under water. Some banks paid bonuses bigger than income: o This Depression is just beginning You read that right! Only $400 billion of that fantastic 6 month “green shoots” stock market rally came from money market accounts. The rest ($2.3 trillion) was laundered through the banks and other financial institutions to create the appearance of recovery and to raise equity for underwater banks rather than forcing them into receivership (which is where they belong) Bernanke probably knew that congress wouldn’t approve another TARP-type bailout for dodgy mortgage-backed assets, so he settled on this shifty plan instead. The only problem is, the banks are still broke, business investment is at historic lows, consumers are on the ropes, the unemployment lines are swelling, the homeless shelters are bulging, the pawn shops are bustling, tent cities are sprouting up everywhere, and according to MarketWatch, Corporate insiders have recently been selling their companies’ shares at a greater pace than at any time since the top of the bull market in the fall of 2007.” Face it; the economy is in the crapper and Bernanke’s trickery hasn’t done a lick of good. The Next Wave of Collapse is Coming Sooner than you think Back in the Great Depression of 1929 through the 1930’s, we saw a similar Zig-zag pattern. There was a crash in 1929, followed by a nice rally, but then the most devastating part of the market collapse followed into the 1930’s. `Feds Hit With Biggest Tax Revenue Drop Since 1932...` The Great Depression Two Continues There is no coincident data which is demonstrating this recession is over. Some may be at the bottom, others have a way to go… An Artifical Recovery [$$] Why I Went Fully Into Cash Bob Prechter "Quite Sure" Next Wave Down Will Be Bigger and March Lows Will Break The Real Economy Versus the Make-Believe World of the Government and Financial Giants In the real economy, unemployment is at Depression-era levels. US companies axe 371,000 jobs in July `Half of U.S. mortgages seen underwater by 2011...` Recovery ‘not in sight’ says BMW Top firms' pension funds plummet Consumer bankruptcies jump 34% Nine Of Ten Sectors Overbought This Depression is just beginning US food stamp list tops 34 million for first time The Banks Own the Fed, and the Central Banks Own BIS AIG breakup nets Wall Street $1 billion bonanza: report ‘Underwater’ Mortgages to Hit 48%, Deutsche Bank Says `Oil price hits $76, highest since October...` US companies axe 371,000 jobs in July Unemployment spreads distress in U.S. home loans Cities in the U.S. Sun Belt states of California, Florida, Nevada and Arizona dominated the record foreclosure spree in the first half of the year, but distress in other regions emerged as joblessness spread, RealtyTrac said on Thursday. Recession Worse Than Prior Estimates, Revisions Show Bloomberg | The first 12 months of the U.S. recession saw the economy shrink more than twice as much as previously estimated, reflecting even bigger declines in consumer spending and housing, revised figures showed. Do you realize how many suckers’ rally points were added by the fake numbers contributing to this new commissioning bubble! `REVISED: ECONOMY 2X WORSE...` `The government plans big revisions to historical economic data... Developing...` `Regulators shut banks in Fla., NJ, Ohio, Okla...` WASHINGTON (AP) -- Regulators on Friday shut down banks in Florida, New Jersey, Ohio, Oklahoma and Illinois, boosting to 69 the number of federally insured banks to fail this year amid the pressures of the weak economy and mounting loan defaults. PhD Economist: Fed has Caused Soaring Unemployment, Millions of Foreclosures, Millions Losing Life Savings and More than $6 Trillion in Lost Output `DOLLAR DROPS TO '09 LOW...` 75% Favor Auditing The Fed `Tarp banks award billions in bonuses...` The Real Unemployment Rate Hits a 68-Year High 2009 Looking More Like 1929 `Dollar Falls to 2009 Low...` `Six Georgia banks fail, bringing year tally to 64....` Rally may cool on earnings reality check Dollar Falls to Near 2009 Low as Economy Pares Refuge Demand Ben Bernanke Was Wrong Wall Street’s Love Affair with Ben Bernanke Mike Whitney | bernanke knows that the country is in a Depression Scams And Bailouts The Cause of World Depression New US weekly jobless claims jump Its Official: U.S. Trapped in an Extended Depressionary Cycle `MICROSOFT Profit Drops 29% as PC Slowdown Weighs on Revenue… they haven’t availed themselves of the fake assets/books legislation recently passed...` `AMAZON.COM Profit Drops 10%...` Bernanke: “I Don’t Know” Which Foreign Banks Were Given Half a Trillion Paul Joseph Watson Grayson grills Fed chairman on destination of credit swaps. `Fed: unemployment will top 10 percent this year...` Foreclosures (those increased home sales that has been fueling suckers’ rally) rise 15 percent in first half of 2009 `(7-17) Three more banks fail, bringing 2009 tally to more than double all of 2008 at a total thus far of 57` Lower Markets on the Horizon Cody Willard: Goldman Sachs Is A Ponzi Scheme, Should Be Punished Accordingly The Ultimate Insider Trading Scheme Max Keiser: Goldman Sachs gang are ’scum’ who have co-opted U.S. gov’t Cost Of Bailout Hits A Whopping $24 Trillion Dollars Stearns Crucifies Paulson On Bailout Bait And Switch Fiscal ruin of the Western world beckons Foreign Embassies Urged to Stockpile Local Currencies Bailout Overseer Says Banks Misused TARP Funds TARP watchdog says Treasury lacking bank data Goldman Sachs caused the problems in the first place… Who can deny that? Budget deficit tops $1 trillion for first time (AP) CIT Watch: Analysts Says Debt Load Isn't the Only Problem Geithner Refuses to Rule Out Continuing Using American Taxpayer as Piggy Bank for Derivatives Losses `WHITE HOUSE ECON ADVISER CLAIMS SUCCESS: FEWER PEOPLE SEARCHING 'ECONOMIC DEPRESSION' ON GOOGLE BECAUSE EXPERIENCING IT FIRST-HAND THEY ALREADY KNOW WHAT ECONOMIC DEPRESSION IS...` What Economy? There’s Nothing Left to Recover There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical “New Economy “ ; less bad, not as bad as expected…riiiiight!, tarp money for the commission frauds on wall street in new manufactured bubble as actual/real manufacturing down again; c`onsumer confidence down, commercial loans begin default phase of downturn, 6.9 million continuing unemployment claims for new record; retail sales down sharply`A REALITY CHECK ON U.S. 'ECONOMIC RECOVERY' Jeff Nielson - U.S. equities are rallying again today, and (as usual) it is a rally with no basis in reality. Economist: FDIC gearing up for bank closures Goldman Sachs Admits Its Software Can “Manipulate Markets in Unfair Ways and fraudulently generate commissions /trade volume” Max Keiser: Goldman Sachs gang are ’scum’ who have co-opted U.S. gov’t You Tube | Goldman Sachs are scum– that’s the bottom line. They have co-opted the government, the Treasury Department and the Federal Reserve’s functionality. They’ve co-opted the Obama administration & Barack Obama dances to Goldman Sachs’ tune. True unemployment rate already at 20% This Depression Will Last For Years Wyoming sees first bank failure since 1991 China criticizes dollar `AIG Preparing to Pay New Round of Bonuses...` While Talking About Keynesian Stimulus, Feds Are Really Just Giving Money to the Big Frauds FDIC Insurance Fund: It Doesn’t Actually Exist Replacing the dollar as reserve currency US loses 467,000 jobs, unemployment at 9.5% `'We're in the Middle of a Crash': Black Swan...` Economic Expectations – Unemployment Rate Will Reach 15% David Tice: We are going into a depression-15% unemployment or more on horizon. U.S. consumers fall behind on loans at record pace `FBI: Mortgage fraud 'rampant' and growing...` Celente and Schiff Predict Food Panic This Year. Watch clips HERE. Fema Camps Built. Wall Street hits 10-week low amid talk of new stimulus `(7-2)Seven more banks fail, bringing 2009 tally to more than double all of 2008 at a total thus far of 52; Private sector sheds another 473,000 jobs in June...` US lurching towards ‘debt explosion’ with long-term interest rates on course to double Jim Rogers Sells Dollars, Plans to Short Treasuries ‘Sucker’s Rally Beginning To Unwind’ daaaah…? Calls grow to supplant dollar as global currency China officials call for displacing dollar, in time Tracking Two Depressions, 1929 and now this `Mortgage applications fall to 7-month low...` `Private sector sheds another 473,000 jobs in June...` `'Layoffs may be worsening'...` AIG shares drop after 1-for-20 reverse-stock split (AP) Manhattan apartment prices skid 13 to 19 percent Job losses / job concerns realistically weigh on confidence, real estate values/prices continue downward trend as per Case / Shiller Index (-18.1%, -21% in california) `Consumer confidence suffers steep fall...` `Home prices post 18% annual drop...` Worldwide Depression: Review of Global Markets . Four banks fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of 44 Dollar Falls Most in Month as China Urges New Reserve Currency Gerald Celente speaks on Cap and Trade and other handicaps to the US economy HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., `BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...` A REALITY CHECK ON U.S. 'ECONOMIC RECOVERY' Jeff Nielson - U.S. equities are rallying again today, and (as usual) it is a rally with no basis in reality. `,personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar` Dollar And Stocks Drop As China Calls For New Global Currency `,` continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what bl st!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 A REALITY CHECK ON U.S. 'ECONOMIC RECOVERY' Jeff Nielson - U.S. equities are rallying again today, and (as usual) it is a rally with no basis in reality. Markets See a Breakdown in Technical Support Levels `Roubini: USA sees double-dip recession...` Jobless claims rise; GDP dips in 1Q Bernanke faces GOP-led (who are they kidding-bushies/paulsen went so far as threaten martial law- prosecute now! They continue to allow the wall street fraud and political theater doesn’t change their complicity) heat on BofA-Merrill deal Fed Tried to Cover-up Its Involvement in Bank of America-Merrill Deal U.S. Economy: Jobless Claims Rise in Sign Labor Market Stagnant Dollar drops on reserve currency doubts China sells US bonds to ’show concern’ BRICs May Buy Each Other’s Bonds in Shift From Dollar China’s holding of US bonds drops first time in 11 months Russia to Raise Reserve Currency Issue at BRIC International Demand for Worthless U.S. Assets Slowed in April IMF says worst not over `Senator cashed out during big stock collapse -- after meeting with Fed, Treasury chiefs!` `America's AAA downgrade danger...` Treasury faces pressure on price of TARP exit A depression so deep even teen shoppers scrimp US cities may have to be bulldozed in order to survive 1st quarter wiped out $1.3 trillion for Americans Get Ready for Inflation and Higher Interest Rates Oil prices near $73 as energy rally continues Fed Would Be Shut Down If It Were Audited Fed says economy weak, but sees signs the slide increasing Mounting deficits spark jitters about U.S. economy Wall Street falls as realities dent recovery hopes Bonds fall on worries about government's debt load (AP) Oil prices strike new high for 2009 (AP) The depression quietly deepens `CHINA AIRS FEARS ON DOLLAR, DEBT...` `Oil hits 7-month high over $70...` Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued in Yuan Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now China explores buying $50bn in IMF bonds US retailers report May sales declines `Tiny Tim says dollar assets safe...` `Laughter from audience...` Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- `GOV'T OWES RECORD $63.8 TRILLION...` The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class `Government will now own 72.5% of 'New GM'...` `Roubini: U.S. economy to dip again next year...` Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., `BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...` `,` world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull st …based in large part on inflated stock price component … more bull st … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years `BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...` The Next Bubble Is Here. Have You Bought In? `Here we go again! Barney Frank asks FANNIE and FREDDIE to relax Mortgage lending rules...` Fed Tried to Cover-up Its Involvement in Bank of America-Merrill Deal Dollar And Stocks Drop As China Calls For New Global Currency Citigroup Ordered to Suspend Some Operations in Japan Bernanke Grilling May Weaken Case for Fed as Risk Regulator Citi boosting salaries to offset lower bonuses, allegedly to retain the clowns who helped make them taxpayer dependant and cause the current debacle; how ‘bout firing them instead and offering opportunity to the new, particularly non-ivy league vegetable garden grads [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise [$$] Red Roof Inn Defaults on Mortgage Debt (at The Wall Street Journal Online) MySpace to cut two-thirds of global workforce GM to cut 4,000 more white-collar jobs by year end Oracle tops forecasts despite sales, profit dip; stated another way, bad news will be shilled as good news (AP) California Collapsing Bankster “Holiday” Planned for September? Recession Sparking Global Unrest Is Your Portfolio Ready for the Next Leg Down? S&P turns negative for year in broad sell-off (Reuters) Goldman Sachs on pace for record bonuses: report (Reuters) Numbers On Welfare See Sharp Increase Top Insiders Playing You For A Sucker? The death of the dollar. Who could deny it? Stanford indicted in massive U.S. fraud case which is small potatoes compared to ubiquitously massive wall street securities fraud which caused the ongoing financial debacle Venture Capital Bubble Set to Burst, Kedrosky Says Obama Plans to Cut Bank Regulators, Allow Fed to Supervise Financial Holding Companies – The old fox guarding the henhouse tricks Federal Reserve unwisely to gain power under plan Federal Reserve Foolishly To Be Given Sweeping New Powers Yen Strengthens Most in Month as Asian Stocks Drop, Gold Gains `RUSSIA CHALLENGES WORTHLESS DOLLAR...` AIG says former top exec plundered retirement plan [video] The Too-Big-to-Fail Problem [6.8 min] (at MarketWatch) [$$] Too Big to Solve? (at The Wall Street Journal Online) Buy and Hold Is Dead. Long Live Buy and Hold! Financial Bailout Plan Keeps Zombie Banks Alive Bernanke then as now in denial about looming crisis 2005-2007 Retail sales, drop in jobless claims to a very high even if believed 601,000 yielding record continuing claims of 6.8 million fuel hope…if you’re a dope Lawmakers blast Fed, Treasury for BofA "threats" Oil climbs over $73 on hopes for rising demand U.S. Household Worth Fell by $1.3 Trillion in First Quarter Predictions of $250 a barrel on oil ECB Fears Reality of Banking Crisis in 2010: Report Get Ready for Inflation and Higher Interest Rates Bill To Audit Federal Reserve Now Has 209 Co-Sponsors Russia May Swap Some U.S. Treasuries for IMF Debt Fed report shows losses on Bear Stearns, AIG holdings Congress subpoenas the Fed ... Finally! (AP) Brazil in recession, recovery unlikely this year What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys Obama Tells American Businesses to Drop Dead America’s Fed Addiction “87 Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat From Seeking Power to Sell Its Own Debt/Bills `WIRE: Obama Tells American Businesses to Drop Dead...` Long-Term Economic Memory Loss Obama’s economic model versus reality Reality bites Internet as 1Q ad sales fall 5 pct (AP) CHINA AIRS FEARS ON DOLLAR, DEBT government reports better than private estimates…riiiiight! President of the Federal Reserve Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now Benefit spending soars to new high $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls `OPEC: OIL COULD REACH $90...` ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

ANALYST FORECASTS: BULLS AND BEARS By Richard Shaw [there were 3 bull forecasts which are bull s**t and not included in the following excerpt to preclude fraud and conserve space; even the neutrals are a stretch]
…..BEAR - May 30: Morgan Stanley equity analyst Jason Todd says sell this S&P 500 rally. He says Morgan Stanley does not see large upside above 825-850. He said, “In the rush to buy a cyclical recovery, it seems earnings or valuation no longer matters. We would be comfortable with this view if the earnings trough was closer, but it is not.”

BEAR - MAY 28: Berkshire Hathaway possible successor to Warren Buffet, David Sokol, says they see no evidence of the green shoots that been a stimulus to the stock market. He sees the most significant headwinds to the electric utility industry in his 30 years, and see continuing housing industry problems.

BEAR?/BULL? - May 28: PIMCO co-CEO Bill Gross (manager of world’s largest bond fund) portrays “new normal” including accelerating inflation toward the latter part of a three- to five-year cycle, and the need to reexamine accepted notions about investing. He said stocks have not and will not always outperform bonds, and having 60% to 80% of portfolio assets in stocks may not always make sense. He believes the dollar will lose its status as the reserve currency; Brazil, India and China (forget Russia) will offer the best growth. The U.S. government will be selling trillions in Treasuries; the US savings rate may rise significantly, and the consumer economy may be shrinking long term due to the aging of the population.

BULL?/BEAR? - May 28: GMO CEO Jeremy Grantham predicts higher US savings and lower consumption with many postponed retirements. He sees some reasonable values within the stock market now and sees the third year of the presidential cycle (2011) as the most promising. He is not certain that a robust rally will continune. Like John Bogle, he believes in the principle of having your age as the percentage of bonds in your portfolio. He expects a bubble in emerging market stocks to develop.

BEAR - MAY 26: Comstock Partners portfolio managers Charlie Minter and Marty Weiner, say P/E’s on “as reported earnings” are too high in consideration of the long-term trend in earnings (now in down phase). “Over the past 75 years, most market peaks topped at around 20 times reported earnings, and the troughs occurred at around 10 times earnings. The financial mania of the late 1990s pushed P/Es to over 40 times reported earnings, and the following bust never brought P/Es below 18 times reported earnings. … Going back to 1950, every instance where actual earnings rose above trend-line earnings was followed by a period where actual earnings went well below trend-line earnings. Comstock Partners believes that we have entered such a period now, and that the market is trading at such a high multiple of trend-line earnings that it will be difficult to make money.”

BEAR - May 19: Gluskin Sheff analyst David Rosenberg (formerly of Merill Lynch) says this rally is a sucker’s rally based on short covering. “The FTSE All-World market P/E ratio on forward earnings estimates is now around 15x, well above pre-Lehman collapse levels and nearly double the lows for the cycle … this was a rally built largely on short covering, pension fund rebalancing and the emergence of hope wrapped up in ‘green shoot’ data points. … On average, the S&P 500 undergoes a correction of more than 20% … at a minimum, take profits”

NEUTRAL (BEAR?) - May 11: Baring Asset Management portfolio manager Hayes Miller says “Estimates suggest there isn’t that much further to run because equities are fairly valued … Earnings growth for 2009 and 2010 can’t support prices too much higher than where we are today.”

BEAR - May 11: HSBC Global Asset Management chief investment officer Leon Goldfeld, chief investment officer at HSBC Global Asset Management said it’s “hard to see” enough profit growth to justify higher stock prices. The firm’s strategy will be to reduce its holdings of equities and move into bonds and cash, he said.Bloomberg TV on June 1, said HSBC forecasts 900 as the year-end price for the S&P 500 index.

NEUTRAL - May 11: Bloomberg compilation of analyst forecasts of 2009 earnings for the S&P 500 is at $57.17 (not stated whether “as reported” or “operating”). As of June 1, that puts the S&P at about 16.5 times forecasted earnings. Yale economist Robert Schiller said the historic average is a multiple of about 16.3. [we note that we are not in an average situation or stage of a market, however].

BEAR - May 11: Bank of America CIO for private wealth management expects a 10% correction. He said, “We’re going to be in a very volatile, chop-and-grind type of market. We’ve been shown that there is a small light at the end of the tunnel, it’s dim but getting brighter, and that’s why stock prices have come this far this fast. Now, it’s all about ‘show me.’”

BEAR?/ BULL? - May Letter: PIMCO co-CEO Bill Gross wrote: “Do not be deceived by the euphoric sightings of “green shoots” and the claims for new bull markets in a multitude of asset classes. Stable and secure income is still the order of the day. Shaking hands with the new government is still the prescribed strategy, although it should be done at a senior level of the balance sheet. If the government indeed becomes your investment partner, you should keep the big Uncle in clear sight and without back turned. Risk will not likely be rewarded until the global economy stabilizes and the Obama rules of order are more clearly defined.”

BEAR - April 17: Barclay’s analyst Barry Knapp forecasts S&P 500 at 757 by year-end 2009. He said, “The equity market has priced this recovery and then some. It looks pretty expensive to us.”

(7-1) SELL / TAKE ANY PROFITS IN THIS SECULAR BEAR MARKET SUCKERS’ RALLY PROGRAMMED TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) [$$] Big Pay Packages Return to Wall Street as new fraud gains steam (at The Wall Street Journal Online) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... Job losses / job concerns realistically weigh on confidence, real estate values/prices continue downward trend as per Case / Shiller Index (-18.1%, -21% in california) Gerald Celente speaks on Cap and Trade and other handicaps to the US economy HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar Dollar And Stocks Drop As China Calls For New Global Currency , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

(6-30) SECULAR BEAR MARKET SUCKERS’ RALLY TO END WELL OFF SESSION LOWS TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED Job losses / job concerns realistically weigh on confidence, real estate values/prices continue downward trend as per Case / Shiller Index (-18.1%, -21% in california) Consumer confidence suffers steep fall... Home prices post 18% annual drop... Worldwide Depression: Review of Global Markets . Four banks fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of 44 Dollar Falls Most in Month as China Urges New Reserve Currency Gerald Celente speaks on Cap and Trade and other handicaps to the US economy HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar Dollar And Stocks Drop As China Calls For New Global Currency , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... The Next Bubble Is Here. Have You Bought In? foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner Paul Craig Roberts | The red ink that Washington is generating is a far greater threat to Americans than any foreign “enemies.”

(6-3) ONLY MODEST LOSSES RELATIVE TO REALITY WITH PROGRAMMED SHORT-COVERING/SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8 TRILLION... The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative AND BULL S**T ALONE (ie., $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

(6-2) SUCKERS’ RALLY CONTINUES TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS The Big Collapse Is Very Near U.S. auto sales drop, but rays of stability seen Economic crisis boosts distrust of business: watchdog Dollar Declines as Nations Mull Reserve Currency Alternative Grand Theft Auto: How Stevie the Rat bankrupted GM Gold, Silver Climb as Dollar Falls Home foreclosure sales up, no profit discount car sales better than expected

Diluting like crazy through new stock bubble issues YAHOO…To that point, Moody's stated that it expects U.S. rated banks will incur some $470 billion pretax loan losses and write-downs in 2009 and 2010, and also expects many banks will be unprofitable this year. Moody's is keeping a negative outlook on the banking industry rating and the industry's credit outlook. …Semiconductor stocks (-3.3%) showed weakness for the entire session. Their downturn came after Applied Materials (AMAT 11.61, -0.44) chief executive Mike Splinter stated that there will be more failures in the semiconductor equipment sector amid declining customers, according to Reuters... Sacrifices are needed to save GM, Obama tells Americans Guardian | “Difficult times lie ahead,” said Obama. “More jobs will be lost, more plants will close. More dealerships will shut their doors and so will many parts suppliers.” The Big Collapse Is Very Near Robert Wenzel | The end of the current financial system, as we know it, is imminent. Today we’re all prisoners in the USA Ted Rall | Obama wants to let government goons snatch you, me and anyone else they deem annoying off the street so if true, then It’s increasingly evident that Obama should resign Grand Theft Auto: How Stevie the Rat bankrupted GM Greg Palast | Stevie the Rat’s plan is nothing less than Grand Theft Auto Pension. (6-1) MORE CAN’T BE SAID, SO PREPOSTEROUS WAS THIS TYPICALLY FAKE BETTER THAN EXPECTED (RIIIIIGHT!) COMMERCE DEPARTMENT DATA SUCKERS’ RALLY TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS AND BULL S**T ALONE ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Most U.S. retailers likely saw sales fall in May GM files for bankruptcy, urges quick action GM: A Mighty Icon Files for Bankruptcy Dow gets shake-up as GM, Citi kicked out of average GM removed from S&P 500 index (AP) Stocks Will Fall 37% and Gold Will Rally % Even in Crisis, Banks Dig In for Fight Against Rules New York Times | The nine biggest participants in the derivatives market — including JPMorgan Chase, Goldman Sachs, Citigroup and Bank of America — created a lobbying organization, the CDS Dealers Consortium, a month after five of its members accepted federal bailout money. Zoellick Warns Stimulus ‘Sugar High’ Won’t Stem Unemployment Bloomberg | World Bank President Robert Zoellick warned policy makers that fiscal-stimulus plans are insufficient to turn around the “real economy” (5-29) PROGRAMMED TRADES/SUCKERS’ HIGH OIL/LOW DOLLAR (RIIIIIGHT!) RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON BAD NEWS ( ie., `GOV'T OWES RECORD $63.8 TRILLION...` Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class `Government will now own 72.5% of 'New GM'...` `Roubini: U.S. economy to dip again next year...` Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! (5-28) Sowell: Government’s Current Role in Business the ‘Route’ to Fascism Foreclosure woes mount for those with good credit Fed Finds a Way to Use Stress Tests to Screw Bank Shareholders One More Time (at Seeking Alpha) Time Warner to spin off AOL, ending ill-fated deal [$$] Listen, But Don't Get Suckered `Faber: Inflation to 'Approach Zimbabwe Level'...` U.S. Weighs Single Agency to Regulate Banking Industry Yet Ignores Existing Laws, Prosecution, and Disgorgement in this Huge Fraud…Why (5-27) Britain's Debt Outlook Gets Bleaker: Same Implications for the U.S…how could anyone be surprised about that? Regulators shut 2 more, 35 and 36, failed banks this year in Illinois (AP) GM borrows $4 billion more, prepares for bankruptcy Job losses up in 44 states as recession drags on Florida's BankUnited fails, will cost FDIC $4.9B (AP) Regulators seize 34th bank failure of year Florida's BankUnited FSB (AP) Treasury Selloff Spiking Interest Rates GM bankruptcy seen near GM all but certain to file for Chapter 11 US Government to Take Up 70% Stake in GM FDIC Fund Running Dry Yahoo Finance | As the FDIC has had to step in to take over more and more insolvent banks, the fund has dwindled to dangerously low levels. At the same time, the number of problem banks continues to grow at a rapid pace. IRS tax revenue falls along with taxpayers’ income USA Today | Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981. (5-26) fake consumer confidence reading 30+% better than private estimate sucker-rallies stocks , Current Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers (at CNBC) , The Sleepwalkers' Rally , Rogers Echoes Warning Of “Sucker’s Rally” , don’t forget that the suckers rally stock prices accounted for the very modest but ephemeral uptick in leading indicators Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars ) , (5-22) Regulators shut 2 more, 35 and 36, failed banks this year in Illinois (AP) GM borrows $4 billion more, prepares for bankruptcy Job losses up in 44 states as recession drags on Bill to Audit Fed Wisely Gains Serious Momentum U.S. to Steer GM Toward Bankruptcy Gold tops $960 for first time in two months as dollar weakens South Afica gold coin demand hits all time high Peter Schiff called “Extremist” by Time Magazine Geithner Vows to Cut U.S. Deficit on Rating Concern…riiiiight!…con Gold Poised for Third Weekly Gain as Dollar Slumps Against Euro “The Odds on the Dollar, Treasury Bonds and the U.S. Government’s AAA Grade All Heading for the Dumpster are Shortening” (5-21) Britain's Debt Outlook Gets Bleaker: Same Implications for the U.S…how could anyone be surprised about that? GMAC receives $7.5 billion in new Treasury aid (AP) Dollar hits '09 low on rating fears; stocks dip (Reuters) U.K. to Lose AAA Rating at S&P as Finances Weaken U.S. Stocks Decline on Jobless Claims, greenspan, who helped create the debacle and should thereby know, Warning Gold May Test $1,200 (5-20) The Weimar Hyperinflation is Happening Again! With fed printing/creating like mad, what did they expect? Rogers Echoes Warning Of “Sucker’s Rally” Green Shoots: Too Small, Too Far Apart The Sleepwalkers' Rally Former head of pension agency takes the Fifth (AP) Global stocks slip, dollar tumbles after downbeat Fed Depression hits already defacto bankrupt Social Security hard Gold purchases up 36% as investors look to preserve wealth China Gold Reserves May Back Yuan Internationalization-Report 22 reasons why OBAMA will raise your taxes Federal debt is now $11.5 trillion. Add $1.4 trillion this year. That’s almost 100% of GDP. (5-19) Deficit surges at agency that insures pensions (AP) China and Brazil Plan to Dump Dollar HP's profit drops, more layoffs looming Japan logs record GDP drop Senator: More oversight needed at insolvent pension agency (AP) Inflating Our Way Out of This Mess? Why This Won't Work Japan's economy in record plunge Jim Rogers: Obama will Devastate the Economy This Economy Ain't Healed Yet (at Seeking Alpha) (5-18) Suckers’ rally (The Suckers Rally, Japan Style …high oil price rally…riiiiight! ) Bilderberg 2009 Attendee List (revised) Meanwhile: The Bilderbergers are advancing in Norway [ I realize that jones (who parenthetically it should be noted, hypocritically censored my comments) et als really overdoes this group’s (among others) effect on the u.s. , state of the world, etc.; truth be told, this group like most of the interest/pressure groups including the masses, in the u.s., etc., are no more than a just a bunch of fk-ups/vegetables who like the aforementioned multitudes have really ‘mucked things up’ (for lack of a more precise yet concise term) on this planet, probably irrevocably, and like the many home-grown fk-ups/vegetables, and in america particularly criminals, jones refuses to acknowledge as culpable for the many reasons he refuses to see, are but rather typically incompetent players contributing in there own very special eccentric, neurotic, sick, venal, corrupt, etc., way to this collective and cumulative result being this ever deflating (declining) ball of chaos /confusion /criminality called earth (there are exceptions to the foregoing, but in america, the same would be 5% or less) ]. Economy limiting services of local police Madoff Investors Probed by U.S. Prosecutors yet still not even one prosecution of the perpetrators of the largest scam/fraud in history foisted off on/funded by taxpayers Rep. Paul’s bill to audit Federal Reserve nets 165 co-sponsors is the first of what should be many necessary wise moves American Capitalism Gone With a Whimper The Shrinking American Consumer The Suckers Rally, Japan Style Gold likely to test $950 level this week `Blue collar males lose more ground; unemployment rate surges past national average...` (5-15)Highest credit card default rates in 26 years at 10+%, the real economy in terms of unemployment, income, and debt far worse than their rosy ‘green shoots’ scenario to help froth the market. Wall Street sags on oil; S&P ends worst week in 2 months Following Chrysler, GM slashing U.S. dealers “The Worst Is Yet to Come” Yahoo Finance | “If the consumer isn’t petrified, he or she is a damn fool.” (5-14)All news worse than expected, ie., weekly job losses higher than expected 637,000, wholesale inflation rate .3%, BEAR ALARM US ’sham’ bank bail-outs enrich speculators , The Secrets of the Federal Reserve Bob Chapman | A manmade disaster created by the Federal Reserve, banking and Wall Street, and these are the same corrupt group who our government has chosen to rectify the problem. The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable etc., It’s worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler said in no uncertain terms, “this sure smells to me a suckers rally,” largely because “there aren't sustainable, fundamental reasons for the market's continued rise.” I’m skeptical about this rally, reveals analyst Guy Adami. U.S. Economy: Retail Sales Unexpectedly Fall for Second Month GM, Chrysler to cut up to 3,000 dealers: sources (Reuters) U.S. Foreclosure Filings Hit Record for Second Straight Month Is Anyone Minding the Store at the Federal Reserve? Unemployment up to 8.9%, The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable , etc.. America is broke. How broke? NSN Money | Government obligations for Social Security and Medicare may soon exceed the combined net worth of every household and nonprofit organization in the country. Everyone is familiar with the old saying, "what goes up must come down." Certainly the stock market has mounted a serious challenge to this old saying since bouncing off its lows in March and continues to defy gravity…In the face of unrelenting bad news, the market has been climbing because the news is "less bad," Gentle Ben and his Merry Band of Feds see "green shoots" and the financial press continues an unrelenting mantra of "recovery lies just ahead." It seems like the markets will never stop climbing, but they will, because contrary to what you hear on CNBC and read in the financial press, the laws of gravity have not been repealed and it's still true that "what goes up, must come down."

…When measured in ounces of Gold, the DOW has been in a secular bear market since peaking in late 1999. (Click charts, courtesy of stockcharts.com, for full size image). The markets, measured by the S&P500 (S&P500 Charts) and DIJA (DJIA Charts), may have recovered to new highs in 2007, but the DOW:Gold ratio told a different, truer story of just how unhealthy the US economy was…

BEWARE OF THE SUCKER'S RALLY? ‘…Most recently, the S&P 500 soared 24 per cent over seven weeks ending in early January, only to plunge to a new low. It was a fairly typical sucker’s rally and bear markets often need more than one to create sufficient disillusionment for a definitive bottom. The 2000–2002 bear market had three, with average gains of 21 per cent in the Dow Jones Industrials over 45 days. The granddaddy of all bear markets, 1929 –1932, had six false alarms with an average gain of 47 per cent. And Japan’s ongoing bear saw the Nikkei rise by at least a third four times in its first four years with 10 more false dawns since then. Bear markets typically end with a whimper rather than a bang, casting doubt on the latest recovery according to Hussman Econometrics, which analysed numerous US market bottoms and bear market rallies. With the exception of the 1987 crash, the month before the lowest point of a downturn saw a gradual descent. By contrast, bear market rallies were preceded by steeper declines and had sharper rebounds. Another characteristic of bear market rallies has been modest volume on the rebound compared to the decline. The current recovery fits the pattern of bear market rallies in terms of volume and the “V” shape of the trough. Analysts at Bespoke Investment Group noted that there have been only seven other periods in the past 110 years with rallies of similar magnitude for the Dow. Three preceded the Great Depression, three came during the Depression and one in 1982…’
New record for continuing unemployment claims and as with all government data, adp data, etc., is fudged to whatever way necessary to help froth the market. Short-covering explaining part of what remains of this continuing suckers’ bear market rally and as admonished by analyst at Farr Miller is a bull trap. How about plain old bull crap! One analyst (Craig Brown) points out that we’re not at the bottom yet: excerpt-‘ I hate repeating myself, but I do not see the economy at bottom just yet, so in some respects I will keep repeating myself until either other people wake up to this reality or something changes to wake me up. The markets were down a bit yesterday and, according to Bloomberg, they were down due to fears of the stress test results. I don't fear them; I fear what they hide. I fear that a reported 10 out of 19 banks failed when the tests were not at all stringent enough. I fear that the government will soft-pedal the results to make them bad enough to have a tad of credibility but not so bad that people run for the exits. Don't buy my word for it, others are saying the same, including Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case scenario in the stress tests is already rosier than reality.’ Some perspective from Sajal… Excerpts – ie., …Mark Hulbert: That bullish bandwagon. Commentary: Some sentiment measures showing too much optimism Art Cashin: "This rally is still somewhat suspect. Albert Edwards : "Despite one of the biggest economics and profit collapses in history, US stocks have failed to get cheap in the same way that they have in Europe or Japan. My concern is that the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar to the many bear market rallies between 1929-1933, where signs of economic stabilisation were met with 25% plus rallies... This optimism was subsequently crushed." Charles Allmon … He still thinks the stock market could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross the price of gold. Jim Bianco: "I don't think we are getting out of this for a long while. This has been a lousy stock rally. … …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through Wall Street sags on oil; S&P ends worst week in 2 months Following Chrysler, GM slashing U.S. dealers SEC lawyers probed for insider trading GM, Chrysler to drop 1,900 dealers by end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’ as world’s reserve currency Former Treasury Official who Devised Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail Like Communism New York Fed: Most Powerful Financial Institution You’ve Never Heard Of along with the missing $4 trillion you’ve never heard of Home Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a plan…riiiiight!…report Buffett's Berkshire has first loss since 2001 Are stocks a loser's bet?YES! Deficits soar even with rosy assumptions in new Obama budget... America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

Corporate CFR Members Get Most of the Bailout Money New American | Treasury Secretary Timothy Geithner served as a staff member of the New York City-based Council on Foreign Relations before being hired in 2003 to head the New York City branch of the Federal Reserve Bank.Watch out for the fake government stress tests (they lie about everything!). Note the delay in the rollout. Bank analyst Cassidy says bank plan a failure. Business week business analyst /reporter says (tongue in cheek) the optimism (irrational exuberance) must be the advent of spring and the birds chirping (in the heads of the wall street lunatic/frauds…cukoos). Analysts/Economists comments include: slow release of stress test results, details and accuracy of data crucial for stress tests (good luck!), things have not bottomed out but pace of decline has slowed somewhat, bleak outlook for GM, Chrysler and bankruptcy probably necessary because of legacy costs, and public pension funds with ridiculously rich benefits the next shoe to drop. Oxdown Gazette sums up the crucial story | ‘The 12 trillion that is being floated to insolvent US banks is essentially being looted in the paper economy’ (ie., churn and earn by wall street fraudsters who must be prosecuted and forced disgorgement/forfeiture in the massive securities fraud that still goes unmentioned though the source of this economic debacle, etc.). Four more banks closed by regulators, this years closures exceeding all of 2008 as depression continues John Letzing, MarketWatch April 24, 2009 SAN FRANCISCO (MarketWatch) -- Four banks in Georgia, Michigan, California and Idaho were closed by regulators Friday, costing the Federal Deposit Insurance Corp.'s deposit insurance fund nearly $700 million as the effects of the credit crisis continued rippling throughout the U.S. economy. Kennesaw, Ga.-based American Southern Bank marked the 26th bank failure of the year and the fifth in the state of Georgia, the FDIC said. Farmington Hills, Mich.-based Michigan Heritage Bank then became the 27th failure of 2009, followed by the closure of Calabasas, Ca.-based First Bank of Beverly Hills. Alpharetta, Ga.-based Bank of North Georgia has agreed to assume American Southern Bank's deposits, the FDIC said in a statement…

All reasons for previous reality plunge have been previously covered and warned of here in real time; ie., new meaningless FASB accounting standards which wall street frauds rallied on now have sold off on, worse to come in credit defaults/losses, leading indicators down again, etc.. April 17 (Bloomberg) -- David Tice, the chief portfolio strategist for bear markets at Federated Investors Inc., said the Standard & Poor’s 500 Index will probably plunge about 62 percent. He spoke during a Bloomberg Television interview today. The Federated Prudent Bear Fund that he founded returned 6.7 percent last year as the S&P 500 plunged 38 percent, the most since 1937. Tice said the benchmark index for U.S. stocks may slump to about 325. It closed today at 865.30. The measure has surged 28 percent since March 9, the most in five weeks since the 1930s. SUCKER'S RALLY APPROACHING AN END by Peter Cooper: Whatever the technical reason for the 25 percent rise in the S&P over the past five weeks, or a more modest eight percent bounce in GCC regional stock prices, the absurdness of this sucker’s rally ought to be obvious to all. Unemployment is still rising, house prices are still falling, and the fundamentals of bank balance sheets are still deteriorating with total bad debts unknown except that we know they must be getting worse. Global trade fell off a cliff in the first quarter of the year. Even Mercedes car sales to the oil rich of the GCC fell 23 per cent. The collapse of the world’s second largest economy, Japan, has been unprecedented.
Bad news coming … The stock market pattern in 2008-9 has so far been a mirror image of the crash of 1929-30 with a halving of prices from the autumn followed by a 25 per cent rally from March lows. In April 1930 stocks moved sideways and then they crashed another 50 per cent into the summer… New record continuing unemployment claims in excess of 6 million, -11% for new home sales (unexpected but stocks and even homebuilders rallied), Bloomberg reports $13 trillion (much unaccounted for) taxpayer/bailout funds spent/lent/stolen by who knows what/where/how (ie.,replace stolen funds?, etc.), second largest mall co. to bankruptcy with more to come along with more commercial real estate foreclosures. ‘…initial claims for the week ending April 11 totaled 610,000, which is down more than expected from the prior week, but continuing claims climbed more than expected to a new record of 6.02 million. Separately, housing starts disappointed investors hoping to find signs of a recovery in home building. Housing starts for March totaled 510,000, which was below the 540,000 starts that were expected and down from the prior month. Meanwhile, building permits in March totaled 513,000, which is below the 549,000 permits that were expected, down from February…’

SUCKER'S RALLY APPROACHING AN END by Peter Cooper: Whatever the technical reason for the 25 percent rise in the S&P over the past five weeks, or a more modest eight percent bounce in GCC regional stock prices, the absurdness of this sucker’s rally ought to be obvious to all. Unemployment is still rising, house prices are still falling, and the fundamentals of bank balance sheets are still deteriorating with total bad debts unknown except that we know they must be getting worse. Global trade fell off a cliff in the first quarter of the year. Even Mercedes car sales to the oil rich of the GCC fell 23 per cent. The collapse of the world’s second largest economy, Japan, has been unprecedented.
Bad news coming
… The stock market pattern in 2008-9 has so far been a mirror image of the crash of 1929-30 with a halving of prices from the autumn followed by a 25 per cent rally from March lows. In April 1930 stocks moved sideways and then they crashed another 50 per cent into the summer. What possible reason is there for optimism to believe that history will not repeat itself? Government stimulus packages have more than likely been too small and too late to prevent another down leg in stocks, and will take time to revive the real economy, if indeed they can do so. They might just stop the worst possible scenario but are they going to prevent the plunge downwards? Governments have not managed it so far.
Consumers and unemployment
…It will take more than weasel words from US bankers and ‘green shoots’ in the waffle of President Obama to put things right. Eventually global stock markets will reach a bottom but they are not close to having visited it just yet. Wall Street and its friends are playing investors as suckers but they are in danger of overdoing it. For once these guys are impoverished where will the next bunch of fools come from? Goldman Sachs' (GS) results this week might well mark the top of the rally, beyond that the only way is down.

Industrial production down –13%, most since WW2. The wall street frauds celebrate increase real estate sales…on increased foreclosures…riiiiight! U.S. foreclosure filings jump as moratoriums end US foreclosures up 24 percent in 1st quarter Jim Rogers Says Investors Should Expect More Bottoms Still not one prosecution as new churn and earn fraud/bubble begins with taxpayer bailout funds (old reliable foggy/sell the sizzle tech sector now the wall street frauds’ refuge-remember the dot com bust, etc.). BULL ST STORIES FOISTED AS B.S. TALKING POINTS FOR CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR CHURN AND EARN COMMISSIONING: WELLS FARGO RECEIVED $25 BILLION TAXPAYER MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT- GOLDMAN RECEIVED $10 BILLION PLUS UNDISCLOSED FED/ ULTIMATELY TAXPAYER MONEY AND REPORTS QUARTERLY $1.8 BILLION PROFIT - MORGAN CHASE RECEIVED $25 BILLION AND REPORTS QUARTERLY $2+ BILLION PROFIT – CITI RECEIVED $25 BILLION AND REPORTS QUARTERLY $1 BILLION LOSS - BANK OF AMERICA RECEIVED $45 BILLION AND REPORTS QUARTERLY $3+ BILLION PROFIT AND SETS ASIDE $13 BILLION FOR LOAN LOSS RESERVES – MORGAN STANLEY RECEIVED $10 BILLION AND REPORTS QUARTERLY $1 BILLION LOSS - DO THE MATH (FIRST GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS PAY) - AT THAT RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO TAX! WHAT FRAUDS! The Great Geithner Coverup WHAT TOTAL BULL ST! …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Treasury asking banks keep quiet on stress tests New unemployment claims at high 654,000 praised as positive number… riiiiight! …as continuing unemployment claims at record 5.84 million (real numbers even worse). Economy so bad that consumers can’t buy goods so trade deficit shrank but this is a structural defect in u.s. economy so not good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus, consolidation, robbing peter to pay paul, take profits; while economist cite Reich that we’re in depression and government as in land of fruits and nuts out of control. Earnings revised downward for first quarter –36.5%, more weakness, more unemployment, inflation to come on fast says Hogan, and insurance companies now que up at corporate welfare/taxpayer bailout lines. In positing (suckers’) bear market rally and advocating hold cash/sell stocks Hillary Kramer points to the preposterous on wall street where bad news greated as good vis-à-vis stocks (they call what wall street does ‘fraud’…in a rational world where they would already be in jail). Madman Cramer – the ultimate contrarian indicator - CRAMER'S CALL: ANOTHER RALLY TOP INDICATOR Greg Feirman Wow, the bulls are really feeling good. “Wells Fargo Carries The Day” and the S&P and Dow closed at 2 months high and the Nasdaq is near its highs for the year. On Mad Money this evening, Cramer went so far as to call “a turn in the economy”, saying “the facts have changed”, “the situation has clearly improved” and “things are getting better”. This isn’t the first time Cramer has called a bottom and he’s been wrong before (For example, see “Cramer Declares The End Of The Bear Market” , Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday October 6, Cramer went on the today show and told people to sell any stock money they might need in the next five years. The market bottomed that Friday. It could run another couple weeks but this rally is running thin. Methinks me smells a top….. Rational View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial sector, the looming deterioration of commercial real estate, the credit markets tepid backing of the equity rally, and the still very shaky and highly volatile global economy, it's our view at ETFdesk.com the recent run-up in stocks is unwarranted and presents an overly optimistic view of the months ahead. We believe investors should consider taking short term profits or use the recent run to reduce equity exposure they are weary of. We also believe investment grade debt (NYSEArca: LQD - News) represents an opportunity for investors seeking beaten down prices without the downside volatility of equities…

THE FOLLOWING AT LEAST TO PREVIOUS (7-6-09) IS MUST READ:

SELLER

Madman Cramer – the ultimate contrarian indicator - CRAMER'S CALL: ANOTHER RALLY TOP INDICATOR Greg Feirman Wow, the bulls are really feeling good. “Wells Fargo Carries The Day” and the S&P and Dow closed at 2 months high and the Nasdaq is near its highs for the year. On Mad Money this evening, Cramer went so far as to call “a turn in the economy”, saying “the facts have changed”, “the situation has clearly improved” and “things are getting better”. This isn’t the first time Cramer has called a bottom and he’s been wrong before (For example, see “Cramer Declares The End Of The Bear Market” , Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday October 6, Cramer went on the today show and told people to sell any stock money they might need in the next five years. The market bottomed that Friday. It could run another couple weeks but this rally is running thin. Methinks me smells a top…..

Rational View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial sector, the looming deterioration of commercial real estate, the credit markets tepid backing of the equity rally, and the still very shaky and highly volatile global economy, it's our view at ETFdesk.com the recent run-up in stocks is unwarranted and presents an overly optimistic view of the months ahead. We believe investors should consider taking short term profits or use the recent run to reduce equity exposure they are weary of. We also believe investment grade debt (NYSEArca: LQD - News) represents an opportunity for investors seeking beaten down prices without the downside volatility of equities…’

Art Hogan recently summed up choosing stocks in this environment thusly: ‘pick the best-looking horse at the glue factory’…..I think he was as a courtesy to his industry overly generous. The administration pitches hardballs to the auto industry while continuing to pitch powder puffs to the wall street frauds who have perpetrated the largest (securities) fraud in recorded history, turning a cyclical downturn into what is now unavoidably depression, putting beleagered taxpayers in the unfathomable position of funders/guarantors of the scam/fraud in bailing out the perpetrators of the crimes (bush’s infamous base) who have financially benefited enormously (fees, commissions, spreads, points, salaries, expenses, bonuses, etc.) from their fraud/crimes. Still not even one prosecution from this administration even though disgorgement, the legal remedy among other criminal penalties, would aid the defacto bankrupt u.s. treasury!
ON WHETHER BEN BERNANKE HAS REDEEMED HIMSELF AND WHAT THAT MEANS FOR STOCKS:

I do not think so. On the contrary, I think what the government is doing and its economic "dream team" under Mr. Bernanke and Mr. Geithner and Mr. Summers are going to be, from a longer term point of view, rather negative.
But, you understand, we can all sit here and say it will all end in disaster. That I'm sure. But, in the meantime, we can have big moves in markets.

On the new bad assets purchase plan:

I think he's doing the politically expedient thing from a very short term perspective. If you have cracks in your walls and just put paint on it, it will hide them and then you sell your house. But it won't solve the problems of the cracks - it's the next owner and these are the children of the current taxpayer who will pay for it. Marc Faber: 'It Will All End in Disaster'

China calls for new global currency (AP) Why Goldman Sachs Should Return Its TARP Money (at Seeking Alpha) Marc Faber: 'It Will All End in Disaster' Congresswoman presses Geithner on connections to Goldman Sachs Gerald Celente Predicts Economic Armageddon by 2012 Geithner Plan Will Rob US Taxpayers: Stiglitz

It bears repeating, so preposterous was 3-23-09 Pavlov dogs rally [conditioning to associate what’s good for fraudulent wall street, viz., privatizing profits – still not one prosecution for what now is the largest fraud/scam/swindle in the history of this planet – and socializing the losses, is somehow positive for america/the economy by the magnitude of this suckers’ bear market rally and prior market manipulations] when the same created the instant crisis in the first instance (don’t worry about the frauds on wall street, they’ll get their commissions again on the way down as they did in creating this financial debacle/fraud as they clamor for more taxpayer/treasury money). They’re still printing/creating those worthless Weimar dollars like mad, China Urges New Money Reserve to Replace Dollar ,don’t know what they’re doing, are clueless, and disingenuously seek to divert attention from the missing/stolen/bilked $14 trillion of taxpayer money with the subterfuge of outrage over the relatively miniscule though not unimportant million dollar bonuses (AIG, etc.), so-called fixes/plans, etc., so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! What the Pros Say: US Is Now ‘Bankrupt’ US is Already Bankrupt: Analyst U.S. Budget Office offers darker economic and deficit outlook The Geithner-Summers-Bernanke Plan to Prop Up Asset Prices Has Failed U.N. panel says world should ditch dollar

Fierman: How quickly things change…..
Some stats from today’s rally:
S&P: +54 (7.1%) to 823
Dow: +497 (+6.8%) to 7776
NYSE Up Volume: 1,866,836,012
NYSE Down Volume: 44,683,760
NYSE Total Volume: 1,914,836,622
It was just 2 weeks ago (March 9th) that the S&P closed at 12-year lows and the stock market felt like it was forecasting the end of the world. We’ve now rallied 22% in 2 weeks! But if we look at the catalysts for this rally, they really don’t seem to justify such an explosive move. Citi said they were profitable in the first two months of the year and JP Morgan (JPM) and Bank of America (BAC) said they were too. The Fed initiated some serious quantitative easing. And now Geithner’s toxic asset plan this morning. I agree with the Capital Spectator when he wrote this morning:

We’re skeptical largely because the rally this month has drawn power primarily from a new round of hope that Washington’s various experiments to right the economy will finally hit pay dirt. Perhaps, but it’s not the stuff that powers sustainable rallies, much less secular bull markets. We’re Sellers of This Rally!

Lawrence York

‘Treasury Secretary Geithner has released his plan to mop-up the toxic assets held by banks that threaten their solvency and the global financial system. Accordingly, the plan purposes that private equity firms partner with the Fed to purchase bank assets at some discount set by the private firms at auction. Then the Fed will leverage the purchase six-fold to buy more bank assets and assume all the risk of leverage. In other words, private firms will set the price and then put up half the initial purchase price. The Fed will then put up non-recourse loans to purchase six times more debt at the same price to be owned by the joint venture partners. If the deal works private equity splits the booty equally. If the deal fails, the government loses upwards to six times taxpayer's money and private equity loses only its original equity match equal to 1/6 the total loss.

Flabergasted? Don't be. How often can you cut a deal where you get to set the price and your partner puts in six times your money and you split the profit. IF THESE DEAL TERMS DON'T UNDERSCORE WHY THE GOVERNMENT SHOULD NOT HANDLE YOUR MONEY AND WHY THE GOVERNMENT SHOULD STAY OUT OF BUSINESS, WHAT DOES? Other deal terms are that the Fed will designate the private equity players, at least initially. Could it be that the Fed is creating another pass-through mechanism to simultaneously bail out or reward its friends? If so, look for Goldman Sachs (GS), Merrill, Blackstone (BX), Carlye Group, Texas Pacific Group, and perhaps Bear Stearns to be players. Look also for the typical MOS of some Structured Investment Vehicle, not much different from the Maiden Lane III SIV, to backstop or divert money where it needs to be--by gratuitous selection that is. Oh, and never mind that Private Equity may be joined by the Libyan Investment Authority (LIA and Private Equity article by Financial Times) as Private Equity at present is having a bit of a liquidity crunch with their own deflated, illiquid assets. In short, the Geithner Toxic Asset Plan is just another bank bailout and footnote to this era of 'Dark Capitalism" where profits are reaped and losses socialized in an ever transparent way.’

Trevisani: ’…The beginning of quantitative easing calls all three ideas in question; it increases the supply of dollars effectively lowering US interest rates well below Europe’s; the need for such an unprecedented step undermines the hope for a US recovery; and a devaluing dollar cannot be a safe haven. Add the projected Federal deficits and the dollar begins to look very vulnerable. If the Europeans go down the same quantitative road then the dollar’s disabilities may be matched by the euro’s. But if they are not, then the Bernanke dollar call may not be an option to buy but a call to sell…’ China and most of the financial world outside the u.s. agrees with the latter. China Urges New Money Reserve to Replace Dollar Kremlin to Pitch New Currency...

EMBRACE THE BEAR By Rev Shark There is an old saying that in a bear market, we slide down the slope of hope. Unfortunately, we have seen plenty of good examples of how that works over the past year. We have had dozens of new initiatives to try to bolster the economy that create hope for a few days. The market will get excited and we'll have some big point gains, but then doubts begin to surface about how easily it will be to turn this economic supertanker that is going over a waterfall. The buying stalls out, a few dip-buying attempts are made, but eventually we break support levels and more downside ensues. That is classic bear market action but the standard Wall Street reaction is to not accept it…[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc. - Analyst Andre Egleshion puts the amount at $600+trillion] …INVESTORS …..FOOLED (at least today) By Rev Shark …..realization that economic stimulus isn't going to be nearly as simple or easy (or effective) as it sounds. We aren't going to spend our way out of this economic spiral …We'd probably be better off if the government did less rather than more. The great likelihood is that the unintended consequences we suffer will prolong the whole cycle. We have to let some bad businesses and financial institutions fail…

HERE’S THE REAL DEAL:
SUMMARY/RECAP OF LORIMER WILSON 3-17-09 ANALYSES/REVIEW
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

Russell Napier is the author of the book “Anatomy of the Bear”, a professor at the Edinburgh Business School and a consultant to CLSA Ltd. which is one of the top research houses in Asia. Napier’s research indicates (and I paraphrase) that:
The S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800)
The S&P 500 will then undergo a major crash that will see U.S. equity prices bottom at almost 50% below current levels (i.e. to 400 or less; the Dow 30 to 3800 or less) sometime around 2014 as Tobin’s “q” drops to 0.3 signaling the end of the bear market, as it has done at the end of the four largest U.S. market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Could Collapse Leading to End of U.S. Dollar as Reserve Currency

Robert R. Prechter Jr. is author of a number of newsletters and books including “Elliott Wave Principle” (1978) in which he predicted the super bull market of the 1980s; “At the Crest of the Tidal Wave – A Forecast of the Great Bear Market” (1995) in which he predicted a slow motion economic earthquake, brought about by a great asset mania, that would register 11 on the financial Richter scale causing a collapse of historic proportions; and “Conquer the Crash: You can Survive and Prosper in a Deflationary Depression” (2002) in which he described the economic cataclysm that we are just beginning to experience and advised how to position one’s self financially during that period of time.
Depression is Imminent
The Dow Jones Industrial Average will go down to at least 1000, most likely to below 777 which was the starting point of its mania back in August 1982, and quite likely drop below 400 at one or more times during the bear market.

Regulator: Before Banks Collapsed, They Pleaded With Feds To Let Them Fudge Their Books Ryan Grim | Before financial institutions collapsed, they went to the Financial Accounting Standards Board, pleading for a change in mark-to-market accounting rules so that they can continue to appear to be solvent on their balance sheets and hence, continue to defraud the public as they are now once again trying to do. This says it all! Will FASB remain viable by resisting fudge/fraud factor. Suckers’ bear market rally ( Citigroup Inspired Bear Market Suckers’ Rally ) to keep the suckers suckered and commission dollars flowing to the frauds on wall street

Why we think this is a (suckers’) bear market rally:

Citing 13 reasons that the bear will continue in spite of this rally seems appropriate.

1. Current P/E: the current 20+ P/E on trailing “as reported earnings” is too high for this set of negative sales, earnings and dividends growth conditions.

2. Forward P/E: the projected 2010 S&P 500 earnings by Standard and Poor’s at about $40 would only support 800 at best (20 P/E), and more likely would support 600 (15 P/E), assuming there was a general recovery under way — before that time, the current market should sell for less than 800, and perhaps less than 600.

3. Earnings: profits are still declining in the aggregate

4. Dividend Yield: banks and other companies continue to cut dividends, reducing stock appeal and putting total return in question until dividends stabilize and begin to grow (historically dividends generated about 1/3 of total return for the S&P 500)

5. Revenue: overall sales are down — declining sales, earnings and dividends are not reasons for bullish markets.

6. World GDP Growth: credible parties (Goldman Sachs, IMF, and noteworthy individuals, such as Nouriel Roubini, predict worsening global economies) — until forecasts for improvements within 12 months or less for the US or world economies become prevalent, the market is unlikely to “anticipate” with a sustainable trend reversal to a bull

7. Government Intervention: the US and global economies are currently highly government policy dependent, and while policies are becoming more clear, they are not all revealed, and there are suggestions more may be needed — the resulting uncertainty warrants low valuation until government policies to “save” and “stimulate” economies are no longer the centerpiece of investor hopes and earnings prospects

8. Real Estate: the US and global real estate asset deflation continues with waves of negative impact on household and institutional wealth — until property prices stabilize, or are believed to be about to stabilize, a new bull market will have difficulty gaining traction.

9. Other Bank Shoes to Drop: the major banks have not yet experienced likely future write-downs associated with non-mortgage asset types, such as credit cards and auto loans.

10. Auto Industry: the fate of GM, Chrysler and the entire supply chain is uncertain with unknown government involvement.

11. LBOs: private equity firms built on leverage may not be able to continue to service and rollover the debt they used to make recent optimistic acquisitions — those debts could be a further burden on the financial sector.

12. Retirees and Pre-Retirees: the 55 and over crowd who control the largest portion of US private assets are not as likely to risk their life accumulations in stocks relative to bonds as they were in the boom times of the last couple of decades — that will delay the onset of a bull and subdue the extent of a bull when it occurs

13. Credit Availability: the credit and leverage availability that helped the US stock market recover from the 2002-2003 bottom is not available at this time to increase household expenditures and corporate capital investment — even the US government may be put on credit rationing by China, which today said it is “worried” about the credit quality of their US Treasury holdings, which has implications about their willingness to support the borrowing our “stimulus” programs require and assume to be available. By Richard Shaw

Analyst Andre Egleshion points to continuing effect of credit default swaps and pegs the amount of the worthless, fraudulent (previously sold, commissioned, repackaged, resold, re-commissioned, etc.) securities at $600-$675 TRILLION, their continued effect on money pit AIG, that fed’s received $11.7 trillion since 2008 yet refuses transparency as to where funds spent, who received same, etc., agrees with comment that shockingly no prosecutions yet, economy re-tooling, need for stiffer regulation, points to historical fact that fiat currencies and private central banks have consistently failed, sees hyperinflation with dollar weakness (printed/created like mad) and higher oil. Hopes for funny assets [in addition to funny money, other fraud, relaxation of rules/laws/enforcement (real asset values) (remember the exemption from RICO garnered by fraudulent wall street-those campaign contributions really pay off, etc.) ], spur suckers’ bear market short-covering rally to keep the suckers suckered and commission dollars flowing to the frauds on wall street so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! NOW LISTEN HERE, FOR THIS IS TRUTH!: There is not enough money in the entire world to cover the fraudulent securities foisted/commissioned/ distributed/sold by the wall street frauds/perpetrators which if assumed/guaranteed by the u.s. government (don’t forget that social security/medicare are already technically insolvent/bankrupt - all monies/reserves going into the general account and already and continually spent) will only guaranty the insolvency of / worthlessness of the currency of the u.s. treasury. Cost to buy protection against U.S. government default surges Frank just said that he wants to prosecute those who’ve caused this crisis…waxman was supposedly doing just that in part (fog of war fraud-360 tons of $100 dollar bills stolen), etc…. If they don’t do this as said, among others, they should be forced resign as complicit. THERE IS NO MYSTERY HERE; HENCE, NONE SHOULD BE AFRAID TO LOOK, PROSECUTE, AND FORCE DISGORGEMENT! Celente: U.S. Has Entered “The Greatest Depression” …‘… Watch for fake reports and continued jawboning/spin/b.s. regarding bailout/stimulus as they are desperate yet remain protective of the criminals who caused the crisis with their fraud in staggering amounts far beyond the substantial scam by madoff ($50 billion) who now audaciously from his $7 million NYC penthouse seeks ownership of same along with $62 million (only in systemically fraudulent america). Why are they not seeking disgorgement from the criminals who benefited from the huge multi-trillion dollar fraud they perpetrated? No one yet has asked tiny tim geithner where the missing $4 trillion at the fed is…Why? Then there’s the $2 trillion in taxpayer money, the destination of which the fed refuses disclosure of…Fed Hides Destination Of $2 Trillion In Bailout Money …Why? How? This is criminal activity of monumental proportion, yet protected by the bureaucratic complicit frauds (I’ve experienced this directly in my RICO case), damaging lives here and abroad. Then there’s also the illegal wars, war-profiteering, war crimes, etc., that have bankrupted this nation, killed many innocents, etc., [remember, ie., the 360 tons of hundred dollar bills flown into Iraq that democrats/land of fruits and nuts henry waxman (doesn’t he look like a hedgehog or some other rodent) the lying fraud talked endlessly about while republicans were at the helm, yet nothing…no prosecutions…the frauds who stole that money should put same in the failed ‘stimulus fraud pot’…at the least, etc.]. An analyst previously said 2011-2014 earliest for bottoming at best. Another analyst previously pointed out there has been not one prosecution thus far and the frauds on wall street should be prosecuted and forced disgorgement. …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. Analyst Frank Cochrane looks ahead to 4,000 to 6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and says spending/stimulus programs will not work, a point on which he is correct and the low end of his ranges closer to reality. Not Just a Few Bad Apples - Corruption is Systemic in America In case you believe that there are only “a couple of bad apples” in the United States, here is an off-the-top-of-his-head (I could give many, many more including my RICO case) list of corruption by leading pillars of american society.

HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ]

PREVIOUS 7-6,2-09, PREPOSTEROUS WAS THIS SURGE IN THE LAST 20 MINUTES INTO THE CLOSE FOR SECULAR BEAR MARKET SUCKERS’ RALLY PROGRAMMED TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) [$$] Big Pay Packages Return to Wall Street as new fraud gains steam (at The Wall Street Journal Online) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... America’s Effective Unemployment Rate at 18.7%? US loses 467,000 jobs, unemployment at 9.5% 'We're in the Middle of a Crash': Black Swan... (7-2)Seven more banks fail, bringing 2009 tally to more than double all of 2008 at a total thus far of 52; Private sector sheds another 473,000 jobs in June... US lurching towards ‘debt explosion’ with long-term interest rates on course to double Jim Rogers Sells Dollars, Plans to Short Treasuries ‘Sucker’s Rally Beginning To Unwind’ daaaah…? Calls grow to supplant dollar as global currency China officials call for displacing dollar, in time Tracking Two Depressions, 1929 and now this HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar Dollar And Stocks Drop As China Calls For New Global Currency , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 7-1-09, SELL / TAKE ANY PROFITS IN THIS SECULAR BEAR MARKET SUCKERS’ RALLY PROGRAMMED TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) [$$] Big Pay Packages Return to Wall Street as new fraud gains steam (at The Wall Street Journal Online) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... Job losses / job concerns realistically weigh on confidence, real estate values/prices continue downward trend as per Case / Shiller Index (-18.1%, -21% in california) Gerald Celente speaks on Cap and Trade and other handicaps to the US economy HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar Dollar And Stocks Drop As China Calls For New Global Currency , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 7-1-09, 6-30-09, SECULAR BEAR MARKET SUCKERS’ RALLY TO END WELL OFF SESSION LOWS TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED Job losses / job concerns realistically weigh on confidence, real estate values/prices continue downward trend as per Case / Shiller Index (-18.1%, -21% in california) Consumer confidence suffers steep fall... Home prices post 18% annual drop... Worldwide Depression: Review of Global Markets . Four banks fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of 44 Dollar Falls Most in Month as China Urges New Reserve Currency Gerald Celente speaks on Cap and Trade and other handicaps to the US economy HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar Dollar And Stocks Drop As China Calls For New Global Currency , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... The Next Bubble Is Here. Have You Bought In? foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-29-09, Worthless dollar/High oil price stock rally…riiiiight!...Then there’s the madoff propaganda event Fraudster Madoff gets 150 years, with prosecutors patting themselves on the back when the reality is that there has been not even one prosecution in the massive securities fraud which benefited the wall street frauds greatly and make madoff look like a piker. Four banks fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of 44 Dollar Falls Most in Month as China Urges New Reserve Currency Gerald Celente speaks on Cap and Trade and other handicaps to the US economy HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar Dollar And Stocks Drop As China Calls For New Global Currency , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... The Next Bubble Is Here. Have You Bought In? , foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-26-09, Worthless dollar/High oil price stock rally…riiiiight!...Then there’s the madoff propaganda event Fraudster Madoff gets 150 years, with prosecutors patting themselves on the back when the reality is that there has been not even one prosecution in the massive securities fraud which benefited the wall street frauds greatly and make madoff look like a piker. Four banks fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of 44 Dollar Falls Most in Month as China Urges New Reserve Currency Gerald Celente speaks on Cap and Trade and other handicaps to the US economy HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar Dollar And Stocks Drop As China Calls For New Global Currency , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... The Next Bubble Is Here. Have You Bought In? , foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-26-09, SECULAR BEAR MARKET SUCKERS’ RALLY TO END MIXED. HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar Dollar And Stocks Drop As China Calls For New Global Currency , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... The Next Bubble Is Here. Have You Bought In? foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-25-09, HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-24-09, SECULAR BEAR MARKET SUCKERS RALLY CONTINUES FOR MIXED CLOSE TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%; foreclosure sales up 2.4%, prices down 17% year over year, world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... The Next Bubble Is Here. Have You Bought In? foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-23-09, SECULAR BEAR MARKET SUCKERS RALLY INTACT TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years ] AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise foreclosure sales up 2.4%, prices down 17% year over year, [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets , foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-22-09, ONLY MODEST LOSSES RELATIVE TO REALITY IN THIS SECULAR BEAR MARKET TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING [ Goldman Sachs on pace for record bonuses: report (Reuters) ] BASED ON CONTINUED BAD NEWS ( ie., Insiders Exit Shares at the Fastest Pace in Two Years [$$] Market Suffers Some Technical Damage Stocks tumble on bleak outlook for world economy U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Insiders Exit Shares at the Fastest Pace in Two Years [$$] Market Suffers Some Technical Damage ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-19-09, SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE AS STOCKS END MIXED STILL IN DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets, foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-18-09, SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE AS STOCKS END MIXED STILL IN DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., U.S. regulators close their 40th bank of the year , Next Major Move In Stock Market Will Be Down market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. , foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-18-09, MORE TALK OF NEW REGULATORY SCHEME WHEN PROSECUTION AND DISGORGEMENT WOULD REALLY BLUNT INCENTIVE FOR WALL STREET FRAUDS PROSPECTIVELY, SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY ON LEADING INDICATORS UP FAR MORE THAN EXPECTED … BULL S**T …BASED IN LARGE PART ON INFLATED STOCK PRICE COMPONENT … MORE BULL S**T … AS STOCKS END MIXED STILL IN DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-17-09, SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE AS STOCKS END MIXED IN DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 Markets See a Breakdown in Technical Support Levels Roubini: USA sees double-dip recession... Dollar drops on reserve currency doubts China sells US bonds to ’show concern’ BRICs May Buy Each Other’s Bonds in Shift From Dollar China’s holding of US bonds drops first time in 11 months Russia to Raise Reserve Currency Issue at BRIC International Demand for Worthless U.S. Assets Slowed in April IMF says worst not over Senator cashed out during big stock collapse -- after meeting with Fed, Treasury chiefs! America's AAA downgrade danger... Treasury faces pressure on price of TARP exit A depression so deep even teen shoppers scrimp US cities may have to be bulldozed in order to survive 1st quarter wiped out $1.3 trillion for Americans Get Ready for Inflation and Higher Interest Rates Oil prices near $73 as energy rally continues Fed Would Be Shut Down If It Were Audited Fed says economy weak, but sees signs the slide increasing Mounting deficits spark jitters about U.S. economy Wall Street falls as realities dent recovery hopes Bonds fall on worries about government's debt load (AP) Oil prices strike new high for 2009 (AP) The depression quietly deepens CHINA AIRS FEARS ON DOLLAR, DEBT... Oil hits 7-month high over $70... Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued in Yuan Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now China explores buying $50bn in IMF bonds US retailers report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8 TRILLION... The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Venture Capital Bubble Set to Burst, Kedrosky Says Obama Plans to Cut Bank Regulators, Allow Fed to Supervise Financial Holding Companies – The old fox guarding the henhouse tricks Federal Reserve unwisely to gain power under plan Federal Reserve Foolishly To Be Given Sweeping New Powers Yen Strengthens Most in Month as Asian Stocks Drop, Gold Gains RUSSIA CHALLENGES WORTHLESS DOLLAR... AIG says former top exec plundered retirement plan [video] The Too-Big-to-Fail Problem [6.8 min] (at MarketWatch) [$$] Too Big to Solve? (at The Wall Street Journal Online) Buy and Hold Is Dead. Long Live Buy and Hold! Financial Bailout Plan Keeps Zombie Banks Alive Bernanke then as now in denial about looming crisis 2005-2007 Retail sales, drop in jobless claims to a very high even if believed 601,000 yielding record continuing claims of 6.8 million fuel hope…if you’re a dope Lawmakers blast Fed, Treasury for BofA "threats" Oil climbs over $73 on hopes for rising demand U.S. Household Worth Fell by $1.3 Trillion in First Quarter Predictions of $250 a barrel on oil ECB Fears Reality of Banking Crisis in 2010: Report Get Ready for Inflation and Higher Interest Rates Bill To Audit Federal Reserve Now Has 209 Co-Sponsors Russia May Swap Some U.S. Treasuries for IMF Debt Fed report shows losses on Bear Stearns, AIG holdings Congress subpoenas the Fed ... Finally! (AP) Brazil in recession, recovery unlikely this year What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys Obama Tells American Businesses to Drop Dead America’s Fed Addiction “87 Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat From Seeking Power to Sell Its Own Debt/Bills WIRE: Obama Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus reality Reality bites Internet as 1Q ad sales fall 5 pct (AP) CHINA AIRS FEARS ON DOLLAR, DEBT government reports better than private estimates…riiiiight! President of the Federal Reserve Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now Benefit spending soars to new high $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-16-09, SECULAR BEAR MARKET AND ONLY MODEST LOSSES RELATIVE TO REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., analysts concur in significant 5-15% pullback/correction for stocks, institutional selling, industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc, new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-15-09, SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE TO FINISH WELL OFF THE LOWS WITH MODEST LOSSES RELATIVE TO REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s., new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-11,12-09, HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] , 300 - 1,000+ % SWING TO THE UPSIDE INTO THE CLOSE IN THIS SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing, money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 Treasury faces pressure on price of TARP exit A depression so deep even teen shoppers scrimp US cities may have to be bulldozed in order to survive 1st quarter wiped out $1.3 trillion for Americans Get Ready for Inflation and Higher Interest Rates Oil prices near $73 as energy rally continues Fed Would Be Shut Down If It Were Audited Fed says economy weak, but sees signs the slide increasing Mounting deficits spark jitters about U.S. economy Wall Street falls as realities dent recovery hopes Bonds fall on worries about government's debt load (AP) Oil prices strike new high for 2009 (AP) The depression quietly deepens CHINA AIRS FEARS ON DOLLAR, DEBT... Oil hits 7-month high over $70... Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued in Yuan Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now China explores buying $50bn in IMF bonds US retailers report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8 TRILLION... The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Venture Capital Bubble Set to Burst, Kedrosky Says Buy and Hold Is Dead. Long Live Buy and Hold! Financial Bailout Plan Keeps Zombie Banks Alive Bernanke then as now in denial about looming crisis 2005-2007 Retail sales, drop in jobless claims to a very high even if believed 601,000 yielding record continuing claims of 6.8 million fuel hope…if you’re a dope Lawmakers blast Fed, Treasury for BofA "threats" Oil climbs over $73 on hopes for rising demand U.S. Household Worth Fell by $1.3 Trillion in First Quarter Predictions of $250 a barrel on oil ECB Fears Reality of Banking Crisis in 2010: Report Get Ready for Inflation and Higher Interest Rates Bill To Audit Federal Reserve Now Has 209 Co-Sponsors Russia May Swap Some U.S. Treasuries for IMF Debt Fed report shows losses on Bear Stearns, AIG holdings Congress subpoenas the Fed ... Finally! (AP) Brazil in recession, recovery unlikely this year What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys Obama Tells American Businesses to Drop Dead America’s Fed Addiction “87 Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat From Seeking Power to Sell Its Own Debt/Bills WIRE: Obama Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus reality Reality bites Internet as 1Q ad sales fall 5 pct (AP) CHINA AIRS FEARS ON DOLLAR, DEBT government reports better than private estimates…riiiiight! President of the Federal Reserve Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now Benefit spending soars to new high $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-10-09, MODEST LOSSES WITH SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Jim Rogers: “The Worst is Not Over” 6/9/2009 Fed Would Be Shut Down If It Were Audited Fed says economy weak, but sees signs the slide increasing Mounting deficits spark jitters about U.S. economy Wall Street falls as realities dent recovery hopes Bonds fall on worries about government's debt load (AP) Oil prices strike new high for 2009 (AP) The depression quietly deepens CHINA AIRS FEARS ON DOLLAR, DEBT... Oil hits 7-month high over $70... Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued in Yuan Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now China explores buying $50bn in IMF bonds US retailers report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8 TRILLION... The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Get Ready for Inflation and Higher Interest Rates Bill To Audit Federal Reserve Now Has 209 Co-Sponsors Russia May Swap Some U.S. Treasuries for IMF Debt Fed report shows losses on Bear Stearns, AIG holdings Congress subpoenas the Fed ... Finally! (AP) Brazil in recession, recovery unlikely this year What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys Obama Tells American Businesses to Drop Dead America’s Fed Addiction “87 Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat From Seeking Power to Sell Its Own Debt/Bills WIRE: Obama Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus reality Reality bites Internet as 1Q ad sales fall 5 pct (AP) CHINA AIRS FEARS ON DOLLAR, DEBT government reports better than private estimates…riiiiight! President of the Federal Reserve Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now Benefit spending soars to new high $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-8,9-09, INFLATIONARY DEPRESSION IS THE CALL EVEN AS SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY CONTINUES TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets The depression quietly deepens CHINA AIRS FEARS ON DOLLAR, DEBT... Oil hits 7-month high over $70... Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued in Yuan Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now China explores buying $50bn in IMF bonds US retailers report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8 TRILLION... The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets Congress subpoenas the Fed ... Finally! (AP) Brazil in recession, recovery unlikely this year What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys Obama Tells American Businesses to Drop Dead America’s Fed Addiction “87 Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe” Fed Said to Retreat From Seeking Power to Sell Its Own Debt/Bills WIRE: Obama Tells American Businesses to Drop Dead... Long-Term Economic Memory Loss Obama’s economic model versus reality Reality bites Internet as 1Q ad sales fall 5 pct (AP) CHINA AIRS FEARS ON DOLLAR, DEBT government reports better than private estimates…riiiiight! President of the Federal Reserve Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now Benefit spending soars to new high $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-5-09, SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., Yes, We’re STILL In a Depression China Bank Wants U.S. Bonds Issued in Yuan Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now China explores buying $50bn in IMF bonds US retailers report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8 TRILLION... The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Long-Term Economic Memory Loss Obama’s economic model versus reality Reality bites Internet as 1Q ad sales fall 5 pct (AP) CHINA AIRS FEARS ON DOLLAR, DEBT government reports better than private estimates…riiiiight! President of the Federal Reserve Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now Benefit spending soars to new high $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-5-09, FAKE GOVERNMENT JOBS REPORT FUELS SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now China explores buying $50bn in IMF bonds US retailers report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8 TRILLION... The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., government reports better than private estimates…riiiiight! President of the Federal Reserve Bank of Kansas City Warns of Oligarchy U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now Benefit spending soars to new high $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-4-09, SHORT-COVERING/SUCKERS RALLY TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., US retailers report May sales declines Tiny Tim says dollar assets safe... Laughter from audience... Why The Chinese Laughed At Geithner ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8 TRILLION... The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., government reports slightly better than private estimates…riiiiight! Benefit spending soars to new high $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-3-09, ONLY MODEST LOSSES RELATIVE TO REALITY WITH PROGRAMMED SHORT-COVERING/SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery Worse-than-expected economic data thwarts rally Jobless rates in U.S. cities zoom higher in April Sector Snap: Homebuilders tumble (AP) As the Dollar Falls Off the Cliff … Bernanke warns on deficits as Treasury rates rise ----- GOV'T OWES RECORD $63.8 TRILLION... The Big Collapse Is Very Near Dollar Declines as Nations Mull Reserve Currency Alternative Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., $100 Billion Bailout For IMF Tagged On To War Funding Bill Economic recovery is wishful thinking Gold, Silver Climb as Dollar Falls OPEC: OIL COULD REACH $90... ----- Existing home foreclosure sales up, and no profit discount car sales better than expected Diluting like crazy through new stock bubble issues Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 6-1-09, MORE CAN’T BE SAID, SO PREPOSTEROUS WAS THIS TYPICALLY FAKE BETTER THAN EXPECTED (RIIIIIGHT!) COMMERCE DEPARTMENT DATA SUCKERS’ RALLY TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., `GOV'T OWES RECORD $63.8 TRILLION...` Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class `Government will now own 72.5% of 'New GM'...` `Roubini: U.S. economy to dip again next year...` Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Most U.S. retailers likely saw sales fall in May GM files for bankruptcy, urges quick action GM: A Mighty Icon Files for Bankruptcy Dow gets shake-up as GM, Citi kicked out of average GM removed from S&P 500 index (AP) Stocks Will Fall 37% and Gold Will Rally % Even in Crisis, Banks Dig In for Fight Against Rules New York Times | The nine biggest participants in the derivatives market — including JPMorgan Chase, Goldman Sachs, Citigroup and Bank of America — created a lobbying organization, the CDS Dealers Consortium, a month after five of its members accepted federal bailout money. Zoellick Warns Stimulus ‘Sugar High’ Won’t Stem Unemployment Bloomberg | World Bank President Robert Zoellick warned policy makers that fiscal-stimulus plans are insufficient to turn around the “real economy”

PROGRAMMED TRADES/SUCKERS’ HIGH OIL/LOW DOLLAR (RIIIIIGHT!) RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON BAD NEWS ( ie., GOV'T OWES RECORD $63.8 TRILLION... Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 5-29-09, PROGRAMMED TRADES/SUCKERS’ HIGH OIL/LOW DOLLAR (RIIIIIGHT!) RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON BAD NEWS ( ie., GOV'T OWES RECORD $63.8 TRILLION... Dollar Falls Most In A Month Since 1985 Leap in U.S. debt hits taxpayers with 12% more red ink Gold jumps above $970/oz as dollar weakens Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Market Manipulation/Fraud: How Financial Markets Really Work Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS 5-28-09, SUCKERS’ RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON BAD NEWS ( ie., Double-Dip Depression , New Record Continuing Unemployment Claims, Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Obama continuing Bush’s assault on the middle class Government will now own 72.5% of 'New GM'... Roubini: U.S. economy to dip again next year... Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Foreclosure woes mount for those with good credit Fed Finds a Way to Use Stress Tests to Screw Bank Shareholders One More Time (at Seeking Alpha) Time Warner to spin off AOL, ending ill-fated deal [$$] Listen, But Don't Get Suckered Faber: Inflation to 'Approach Zimbabwe Level'... U.S. Weighs Single Agency to Regulate Banking Industry Yet Ignores Existing Laws, Prosecution, and Disgorgement in this Huge Fraud…Why

PREVIOUS 5-27-09, MODEST LOSSES RELATIVE TO REALITY TO KEEP SUCKERS SUCKERED BASED ON BAD NEWS ( ie., Double-Dip Depression Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Why We'll See Another Serious Equities Sell-Off Case-Shillers index shows new record decline in real estate prices, $80+ oil coming this year Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro Britain's Debt Outlook Gets Bleaker: Same Implications for the U.S…how could anyone be surprised about that? Regulators shut 2 more, 35 and 36, failed banks this year in Illinois (AP) GM borrows $4 billion more, prepares for bankruptcy Job losses up in 44 states as recession drags on Florida's BankUnited fails, will cost FDIC $4.9B (AP) Regulators seize 34th bank failure of year Florida's BankUnited FSB (AP) , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation The $4 trillion housing headache (at Fortune) foreclosure sales up, prices down Treasury Selloff Spiking Interest Rates GM bankruptcy seen near GM all but certain to file for Chapter 11 US Government to Take Up 70% Stake in GM FDIC Fund Running Dry Yahoo Finance | As the FDIC has had to step in to take over more and more insolvent banks, the fund has dwindled to dangerously low levels. At the same time, the number of problem banks continues to grow at a rapid pace. IRS tax revenue falls along with taxpayers’ income USA Today | Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981. ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through Wall Street sags on oil; S&P ends worst week in 2 months Following Chrysler, GM slashing U.S. dealers SEC lawyers probed for insider trading GM, Chrysler to drop 1,900 dealers by end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’ as world’s reserve currency Former Treasury Official who Devised Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail Like Communism New York Fed: Most Powerful Financial Institution You’ve Never Heard Of along with the missing $4 trillion you’ve never heard of Home Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a plan…riiiiight!…report Buffett's Berkshire has first loss since 2001 Are stocks a loser's bet?YES! Deficits soar even with rosy assumptions in new Obama budget... America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-26-09, suckers’ rally to keep suckers suckered based on bad news ( ie., Case-Shillers index shows new record decline in real estate prices, Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars Waterboard the Fed Obama: We Are Broke. Well, Duh! Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro Britain's Debt Outlook Gets Bleaker: Same Implications for the U.S…how could anyone be surprised about that? Regulators shut 2 more, 35 and 36, failed banks this year in Illinois (AP) GM borrows $4 billion more, prepares for bankruptcy Job losses up in 44 states as recession drags on Florida's BankUnited fails, will cost FDIC $4.9B (AP) Regulators seize 34th bank failure of year Florida's BankUnited FSB (AP) , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) and bull s**t alone (ie., fake consumer confidence reading 30+% better than private estimate sucker-rallies stocks , Current Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers (at CNBC) , The Sleepwalkers' Rally , Rogers Echoes Warning Of “Sucker’s Rally” , don’t forget that the suckers rally stock prices accounted for the very modest but ephemeral uptick in leading indicators Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars ) , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-22-09, only very modest losses relative to reality based on bad news ( ie., Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro Britain's Debt Outlook Gets Bleaker: Same Implications for the U.S…how could anyone be surprised about that? Regulators shut 2 more, 35 and 36, failed banks this year in Illinois (AP) GM borrows $4 billion more, prepares for bankruptcy Job losses up in 44 states as recession drags on Florida's BankUnited fails, will cost FDIC $4.9B (AP) Regulators seize 34th bank failure of year Florida's BankUnited FSB (AP) , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) and bull s**t alone (Current Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers (at CNBC) , The Sleepwalkers' Rally , Rogers Echoes Warning Of “Sucker’s Rally” , don’t forget that the suckers rally stock prices accounted for the very modest but ephemeral uptick in leading indicators ) , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Regulators shut 2 more, 35 and 36, failed banks this year in Illinois (AP) GM borrows $4 billion more, prepares for bankruptcy Job losses up in 44 states as recession drags on Bill to Audit Fed Wisely Gains Serious Momentum U.S. to Steer GM Toward Bankruptcy Gold tops $960 for first time in two months as dollar weakens South Afica gold coin demand hits all time high Peter Schiff called “Extremist” by Time Magazine Geithner Vows to Cut U.S. Deficit on Rating Concern…riiiiight!…con Gold Poised for Third Weekly Gain as Dollar Slumps Against Euro SEC lawyers probed for insider trading GM, Chrysler to drop 1,900 dealers by end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’ as world’s reserve currency Former Treasury Official who Devised Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail Like Communism New York Fed: Most Powerful Financial Institution You’ve Never Heard Of along with the missing $4 trillion you’ve never heard of Home Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a plan…riiiiight!…report Buffett's Berkshire has first loss since 2001 Are stocks a loser's bet?YES! Deficits soar even with rosy assumptions in new Obama budget... America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-21-09, only modest losses relative to reality as rally into the close keeps suckers suckered based on bad news ( ie., Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro Florida's BankUnited fails, will cost FDIC $4.9B (AP) Regulators seize 34th bank failure of year Florida's BankUnited FSB (AP) , new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) and bull s**t alone (Current Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers (at CNBC) , The Sleepwalkers' Rally , Rogers Echoes Warning Of “Sucker’s Rally” , don’t forget that the suckers rally stock prices accounted for the very modest but ephemeral uptick in leading indicators ) , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Britain's Debt Outlook Gets Bleaker: Same Implications for the U.S…how could anyone be surprised about that? GMAC receives $7.5 billion in new Treasury aid (AP) Dollar hits '09 low on rating fears; stocks dip (Reuters) U.K. to Lose AAA Rating at S&P as Finances Weaken U.S. Stocks Decline on Jobless Claims, greenspan, who helped create the debacle and should thereby know, Warning Gold May Test $1,200 (5-20) The Weimar Hyperinflation is Happening Again! With fed printing/creating like mad, what did they expect? Rogers Echoes Warning Of “Sucker’s Rally” Green Shoots: Too Small, Too Far Apart The Sleepwalkers' Rally Former head of pension agency takes the Fifth (AP) Global stocks slip, dollar tumbles after downbeat Fed Depression hits already defacto bankrupt Social Security hard Gold purchases up 36% as investors look to preserve wealth China Gold Reserves May Back Yuan Internationalization-Report 22 reasons why OBAMA will raise your taxes Federal debt is now $11.5 trillion. Add $1.4 trillion this year. That’s almost 100% of GDP. (5-19) Deficit surges at agency that insures pensions (AP) China and Brazil Plan to Dump Dollar HP's profit drops, more layoffs looming Japan logs record GDP drop Senator: More oversight needed at insolvent pension agency (AP) Inflating Our Way Out of This Mess? Why This Won't Work Japan's economy in record plunge Jim Rogers: Obama will Devastate the Economy This Economy Ain't Healed Yet (at Seeking Alpha) (5-18) Suckers’ rally (The Suckers Rally, Japan Style …high oil price rally…riiiiight! ) Bilderberg 2009 Attendee List (revised) Meanwhile: The Bilderbergers are advancing in Norway [ I realize that jones (who parenthetically it should be noted, hypocritically censored my comments) et als really overdoes this group’s (among others) effect on the u.s. , state of the world, etc.; truth be told, this group like most of the interest/pressure groups including the masses, in the u.s., etc., are no more than a just a bunch of f**k-ups/vegetables who like the aforementioned multitudes have really ‘mucked things up’ (for lack of a more precise yet concise term) on this planet, probably irrevocably, and like the many home-grown f**k-ups/vegetables, and in america particularly criminals, jones refuses to acknowledge as culpable for the many reasons he refuses to see, are but rather typically incompetent players contributing in there own very special eccentric, neurotic, sick, venal, corrupt, etc., way to this collective and cumulative result being this ever deflating (declining) ball of chaos /confusion /criminality called earth (there are exceptions to the foregoing, but in america, the same would be 5% or less) ]. Economy limiting services of local police Madoff Investors Probed by U.S. Prosecutors yet still not even one prosecution of the perpetrators of the largest scam/fraud in history foisted off on/funded by taxpayers Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-20-09, only modest losses relative to reality based on bad news ( ie., fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) and bull s**t alone (Current Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers (at CNBC) , The Sleepwalkers' Rally , Rogers Echoes Warning Of “Sucker’s Rally” ) , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! The Weimar Hyperinflation is Happening Again! With fed printing/creating like mad, what did they expect? Rogers Echoes Warning Of “Sucker’s Rally” Green Shoots: Too Small, Too Far Apart The Sleepwalkers' Rally Former head of pension agency takes the Fifth (AP) Global stocks slip, dollar tumbles after downbeat Fed Depression hits already defacto bankrupt Social Security hard Gold purchases up 36% as investors look to preserve wealth China Gold Reserves May Back Yuan Internationalization-Report 22 reasons why OBAMA will raise your taxes Federal debt is now $11.5 trillion. Add $1.4 trillion this year. That’s almost 100% of GDP. (5-19) Deficit surges at agency that insures pensions (AP) China and Brazil Plan to Dump Dollar HP's profit drops, more layoffs looming Japan logs record GDP drop Senator: More oversight needed at insolvent pension agency (AP) Inflating Our Way Out of This Mess? Why This Won't Work Japan's economy in record plunge Jim Rogers: Obama will Devastate the Economy This Economy Ain't Healed Yet (at Seeking Alpha) (5-18) Suckers’ rally (The Suckers Rally, Japan Style …high oil price rally…riiiiight! ) Bilderberg 2009 Attendee List (revised) Meanwhile: The Bilderbergers are advancing in Norway [ I realize that jones (who parenthetically it should be noted, hypocritically censored my comments) et als really overdoes this group’s (among others) effect on the u.s. , state of the world, etc.; truth be told, this group like most of the interest/pressure groups including the masses, in the u.s., etc., are no more than a just a bunch of f**k-ups/vegetables who like the aforementioned multitudes have really ‘mucked things up’ (for lack of a more precise yet concise term) on this planet, probably irrevocably, and like the many home-grown f**k-ups/vegetables, and in america particularly criminals, jones refuses to acknowledge as culpable for the many reasons he refuses to see, are but rather typically incompetent players contributing in there own very special eccentric, neurotic, sick, venal, corrupt, etc., way to this collective and cumulative result being this ever deflating (declining) ball of chaos /confusion /criminality called earth (there are exceptions to the foregoing, but in america, the same would be 5% or less) ]. Economy limiting services of local police Madoff Investors Probed by U.S. Prosecutors yet still not even one prosecution of the perpetrators of the largest scam/fraud in history foisted off on/funded by taxpayers Rep. Paul’s bill to audit Federal Reserve nets 165 co-sponsors is the first of what should be many necessary wise moves American Capitalism Gone With a Whimper The Shrinking American Consumer The Suckers Rally, Japan Style Gold likely to test $950 level this week Blue collar males lose more ground; unemployment rate surges past national average...

PREVIOUS 5-19-09, only modest losses relative to reality based on bad news ( ie., record low for new housing starts, etc.) and bull s**t alone (Current Recession Is Tracking the 1930s Bear Market , Another Bottom for Stocks Coming: Rogers (at CNBC) ) , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Deficit surges at agency that insures pensions (AP) China and Brazil Plan to Dump Dollar HP's profit drops, more layoffs looming Japan logs record GDP drop Senator: More oversight needed at insolvent pension agency (AP) Inflating Our Way Out of This Mess? Why This Won't Work Japan's economy in record plunge Jim Rogers: Obama will Devastate the Economy This Economy Ain't Healed Yet (at Seeking Alpha) (5-18) Suckers’ rally (The Suckers Rally, Japan Style …high oil price rally…riiiiight! ) Bilderberg 2009 Attendee List (revised) Meanwhile: The Bilderbergers are advancing in Norway [ I realize that jones (who parenthetically it should be noted, hypocritically censored my comments) et als really overdoes this group’s (among others) effect on the u.s. , state of the world, etc.; truth be told, this group like most of the interest/pressure groups including the masses, in the u.s., etc., are no more than a just a bunch of f**k-ups/vegetables who like the aforementioned multitudes have really ‘mucked things up’ (for lack of a more precise yet concise term) on this planet, probably irrevocably, and like the many home-grown f**k-ups/vegetables, and in america particularly criminals, jones refuses to acknowledge as culpable for the many reasons he refuses to see, are but rather typically incompetent players contributing in there own very special eccentric, neurotic, sick, venal, corrupt, etc., way to this collective and cumulative result being this ever deflating (declining) ball of chaos /confusion /criminality called earth (there are exceptions to the foregoing, but in america, the same would be 5% or less) ]. Economy limiting services of local police Madoff Investors Probed by U.S. Prosecutors yet still not even one prosecution of the perpetrators of the largest scam/fraud in history foisted off on/funded by taxpayers Rep. Paul’s bill to audit Federal Reserve nets 165 co-sponsors is the first of what should be many necessary wise moves American Capitalism Gone With a Whimper The Shrinking American Consumer The Suckers Rally, Japan Style Gold likely to test $950 level this week New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-18-09, suckers’ rally (The Suckers Rally, Japan Style …high oil price rally…riiiiight! ) accelerates into the close based on bad news and bull s**t alone (Current Recession Is Tracking the 1930s Bear Market ) , ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! American Capitalism Gone With a Whimper The Shrinking American Consumer The Suckers Rally, Japan Style Bilderberg 2009 Attendee List (revised) Meanwhile: The Bilderbergers are advancing in Norway [ I realize that jones (who parenthetically it should be noted, hypocritically censored my comments) et als really overdoes this group’s (among others) effect on the u.s. , state of the world, etc.; truth be told, this group like most of the interest/pressure groups including the masses, in the u.s., etc., are no more than a just a bunch of f**k-ups/vegetables who like the aforementioned multitudes have really ‘mucked things up’ (for lack of a more precise yet concise term) on this planet, probably irrevocably, and like the many home-grown f**k-ups/vegetables, and in america particularly criminals, jones refuses to acknowledge as culpable for the many reasons he refuses to see, are but rather typically incompetent players contributing in there own very special eccentric, neurotic, sick, venal, corrupt, etc., way to this collective and cumulative result being this ever deflating (declining) ball of chaos /confusion /criminality called earth (there are exceptions to the foregoing, but in america, the same would be 5% or less) ]. Economy limiting services of local police Madoff Investors Probed by U.S. Prosecutors yet still not even one prosecution of the perpetrators of the largest scam/fraud in history foisted off on/funded by taxpayers Rep. Paul’s bill to audit Federal Reserve nets 165 co-sponsors is the first of what should be many necessary wise moves Gold likely to test $950 level this week Blue collar males lose more ground; unemployment rate surges past national average... (5-15)Highest credit card default rates in 26 years at 10+%, the real economy in terms of unemployment, income, and debt far worse than their rosy ‘green shoots’ scenario to help froth the market. Wall Street sags on oil; S&P ends worst week in 2 months Following Chrysler, GM slashing U.S. dealers “The Worst Is Yet to Come” Yahoo Finance | “If the consumer isn’t petrified, he or she is a damn fool.” (5-14)All news worse than expected, ie., weekly job losses higher than expected 637,000, wholesale inflation rate .3%, BEAR ALARM US ’sham’ bank bail-outs enrich speculators , The Secrets of the Federal Reserve Bob Chapman | A manmade disaster created by the Federal Reserve, banking and Wall Street, and these are the same corrupt group who our government has chosen to rectify the problem. The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable etc., It’s worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler said in no uncertain terms, “this sure smells to me a suckers rally,” largely because “there aren't sustainable, fundamental reasons for the market's continued rise.” I’m skeptical about this rally, reveals analyst Guy Adami. Wall Street sags on oil; S&P ends worst week in 2 months Following Chrysler, GM slashing U.S. dealers SEC lawyers probed for insider trading GM, Chrysler to drop 1,900 dealers by end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’ as world’s reserve currency Former Treasury Official who Devised Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail Like Communism New York Fed: Most Powerful Financial Institution You’ve Never Heard Of along with the missing $4 trillion you’ve never heard of Home Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a plan…riiiiight!…report Buffett's Berkshire has first loss since 2001 Are stocks a loser's bet?YES! Deficits soar even with rosy assumptions in new Obama budget... America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-15-09, only modest losses relative to reality as this suckers’ rally has been based on bad news and bull s**t alone, ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Highest credit card default rates in 26 years at 10+%, the real economy in terms of unemployment, income, and debt far worse than their rosy ‘green shoots’ scenario to help froth the market. Wall Street sags on oil; S&P ends worst week in 2 months Following Chrysler, GM slashing U.S. dealers “The Worst Is Yet to Come” Yahoo Finance | “If the consumer isn’t petrified, he or she is a damn fool.” (5-14)All news worse than expected, ie., weekly job losses higher than expected 637,000, wholesale inflation rate .3%, BEAR ALARM US ’sham’ bank bail-outs enrich speculators , The Secrets of the Federal Reserve Bob Chapman | A manmade disaster created by the Federal Reserve, banking and Wall Street, and these are the same corrupt group who our government has chosen to rectify the problem. The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable etc., It’s worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler said in no uncertain terms, “this sure smells to me a suckers rally,” largely because “there aren't sustainable, fundamental reasons for the market's continued rise.” I’m skeptical about this rally, reveals analyst Guy Adami. U.S. Economy: Retail Sales Unexpectedly Fall for Second Month GM, Chrysler to cut up to 3,000 dealers: sources (Reuters) U.S. Foreclosure Filings Hit Record for Second Straight Month Is Anyone Minding the Store at the Federal Reserve? Unemployment up to 8.9%, The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable , etc.. America is broke. How broke? NSN Money | Government obligations for Social Security and Medicare may soon exceed the combined net worth of every household and nonprofit organization in the country. "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through Wall Street sags on oil; S&P ends worst week in 2 months Following Chrysler, GM slashing U.S. dealers SEC lawyers probed for insider trading GM, Chrysler to drop 1,900 dealers by end of 2010 The Financial Storm Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ “The Worst Is Yet to Come” China’s yuan ’set to usurp US dollar’ as world’s reserve currency Former Treasury Official who Devised Formula for Rate-Setting Based on Outlook for Inflation and Growth Warns that Inflation Looms, Slams Fed Policy Dr. Doom: Capitalism Could Fail Like Communism New York Fed: Most Powerful Financial Institution You’ve Never Heard Of along with the missing $4 trillion you’ve never heard of Home Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a plan…riiiiight!…report Buffett's Berkshire has first loss since 2001 Are stocks a loser's bet?YES! Deficits soar even with rosy assumptions in new Obama budget... America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-14-09, suckers’ rally has been based on bad news and bull s**t alone, ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Highest credit card default rates in 26 years at 10+%, the real economy in terms of unemployment, income, and debt far worse than their rosy ‘green shoots’ scenario to help froth the market. Wall Street sags on oil; S&P ends worst week in 2 months Following Chrysler, GM slashing U.S. dealers “The Worst Is Yet to Come” Yahoo Finance | “If the consumer isn’t petrified, he or she is a damn fool.” (5-14)All news worse than expected, ie., weekly job losses higher than expected 637,000, wholesale inflation rate .3%, BEAR ALARM US ’sham’ bank bail-outs enrich speculators , The Secrets of the Federal Reserve Bob Chapman | A manmade disaster created by the Federal Reserve, banking and Wall Street, and these are the same corrupt group who our government has chosen to rectify the problem. The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable etc., It’s worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler said in no uncertain terms, “this sure smells to me a suckers rally,” largely because “there aren't sustainable, fundamental reasons for the market's continued rise.” I’m skeptical about this rally, reveals analyst Guy Adami. U.S. Economy: Retail Sales Unexpectedly Fall for Second Month GM, Chrysler to cut up to 3,000 dealers: sources (Reuters) U.S. Foreclosure Filings Hit Record for Second Straight Month Is Anyone Minding the Store at the Federal Reserve? Unemployment up to 8.9%, The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable , etc.. America is broke. How broke? NSN Money | Government obligations for Social Security and Medicare may soon exceed the combined net worth of every household and nonprofit organization in the country Oil jumps above $60 on weak US currency U.S. Trade Deficit Widens First Time in Eight Months U.S. Federal Deficit to Worsen due to Dismal Economic Projections Median home prices fall in 88 percent of cities Freddie Mac seeks $6.1B in US aid after 1Q loss Higher Taxes Coming, Just Like Obama Promised New York Fed: Most Powerful Financial Institution You’ve Never Heard Of along with the missing $4 trillion you’ve never heard of Home Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a plan…riiiiight!…report Buffett's Berkshire has first loss since 2001 Are stocks a loser's bet?YES! Deficits soar even with rosy assumptions in new Obama budget... America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-13-09, modest losses relative to reality, ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! It’s worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler said in no uncertain terms, “this sure smells to me a suckers rally,” largely because “there aren't sustainable, fundamental reasons for the market's continued rise.” I’m skeptical about this rally, reveals analyst Guy Adami. U.S. Economy: Retail Sales Unexpectedly Fall for Second Month GM, Chrysler to cut up to 3,000 dealers: sources (Reuters) U.S. Foreclosure Filings Hit Record for Second Straight Month Is Anyone Minding the Store at the Federal Reserve? Unemployment up to 8.9%, The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable , etc.. America is broke. How broke? NSN Money | Government obligations for Social Security and Medicare may soon exceed the combined net worth of every household and nonprofit organization in the country. Everyone is familiar with the old saying, "what goes up must come down." Certainly the stock market has mounted a serious challenge to this old saying since bouncing off its lows in March and continues to defy gravity…In the face of unrelenting bad news, the market has been climbing because the news is "less bad," Gentle Ben and his Merry Band of Feds see "green shoots" and the financial press continues an unrelenting mantra of "recovery lies just ahead." It seems like the markets will never stop climbing, but they will, because contrary to what you hear on CNBC and read in the financial press, the laws of gravity have not been repealed and it's still true that "what goes up, must come down."

Oil jumps above $60 on weak US currency U.S. Trade Deficit Widens First Time in Eight Months U.S. Federal Deficit to Worsen due to Dismal Economic Projections Median home prices fall in 88 percent of cities Freddie Mac seeks $6.1B in US aid after 1Q loss Higher Taxes Coming, Just Like Obama Promised New York Fed: Most Powerful Financial Institution You’ve Never Heard Of along with the missing $4 trillion you’ve never heard of Home Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a plan…riiiiight!…report Buffett's Berkshire has first loss since 2001 Are stocks a loser's bet?YES! Deficits soar even with rosy assumptions in new Obama budget... America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-12-09, It’s worth noting in a Wall Street Journal editorial hedge fund manager Andy Kessler said in no uncertain terms, “this sure smells to me a suckers rally,” largely because “there aren't sustainable, fundamental reasons for the market's continued rise.” I’m skeptical about this rally, reveals analyst Guy Adami. ‘SELL IN MAY AND GO AWAY’ so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Unemployment up to 8.9%, The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable , etc.. Everyone is familiar with the old saying, "what goes up must come down." Certainly the stock market has mounted a serious challenge to this old saying since bouncing off its lows in March and continues to defy gravity…In the face of unrelenting bad news, the market has been climbing because the news is "less bad," Gentle Ben and his Merry Band of Feds see "green shoots" and the financial press continues an unrelenting mantra of "recovery lies just ahead." It seems like the markets will never stop climbing, but they will, because contrary to what you hear on CNBC and read in the financial press, the laws of gravity have not been repealed and it's still true that "what goes up, must come down."

BEWARE OF THE SUCKER'S RALLY? ‘…Most recently, the S&P 500 soared 24 per cent over seven weeks ending in early January, only to plunge to a new low. It was a fairly typical sucker’s rally and bear markets often need more than one to create sufficient disillusionment for a definitive bottom. The 2000–2002 bear market had three, with average gains of 21 per cent in the Dow Jones Industrials over 45 days. The granddaddy of all bear markets, 1929 –1932, had six false alarms with an average gain of 47 per cent. And Japan’s ongoing bear saw the Nikkei rise by at least a third four times in its first four years with 10 more false dawns since then. Bear markets typically end with a whimper rather than a bang, casting doubt on the latest recovery according to Hussman Econometrics, which analysed numerous US market bottoms and bear market rallies. With the exception of the 1987 crash, the month before the lowest point of a downturn saw a gradual descent. By contrast, bear market rallies were preceded by steeper declines and had sharper rebounds. Another characteristic of bear market rallies has been modest volume on the rebound compared to the decline. The current recovery fits the pattern of bear market rallies in terms of volume and the “V” shape of the trough. Analysts at Bespoke Investment Group noted that there have been only seven other periods in the past 110 years with rallies of similar magnitude for the Dow. Three preceded the Great Depression, three came during the Depression and one in 1982…’
New record for continuing unemployment claims and as with all government data, adp data, etc., is fudged to whatever way necessary to help froth the market. Short-covering explaining part of what remains of this continuing suckers’ bear market rally and as admonished by analyst at Farr Miller is a bull trap. How about plain old bull crap! One analyst (Craig Brown) points out that we’re not at the bottom yet: excerpt-‘ I hate repeating myself, but I do not see the economy at bottom just yet, so in some respects I will keep repeating myself until either other people wake up to this reality or something changes to wake me up. The markets were down a bit yesterday and, according to Bloomberg, they were down due to fears of the stress test results. I don't fear them; I fear what they hide. I fear that a reported 10 out of 19 banks failed when the tests were not at all stringent enough. I fear that the government will soft-pedal the results to make them bad enough to have a tad of credibility but not so bad that people run for the exits. Don't buy my word for it, others are saying the same, including Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case scenario in the stress tests is already rosier than reality.’ Some perspective from Sajal… Excerpts – ie., …Mark Hulbert: That bullish bandwagon. Commentary: Some sentiment measures showing too much optimism Art Cashin: "This rally is still somewhat suspect. Albert Edwards : "Despite one of the biggest economics and profit collapses in history, US stocks have failed to get cheap in the same way that they have in Europe or Japan. My concern is that the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar to the many bear market rallies between 1929-1933, where signs of economic stabilisation were met with 25% plus rallies... This optimism was subsequently crushed." Charles Allmon … He still thinks the stock market could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross the price of gold. Jim Bianco: "I don't think we are getting out of this for a long while. This has been a lousy stock rally. … …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through Oil jumps above $60 on weak US currency U.S. Trade Deficit Widens First Time in Eight Months U.S. Federal Deficit to Worsen due to Dismal Economic Projections Median home prices fall in 88 percent of cities Freddie Mac seeks $6.1B in US aid after 1Q loss Higher Taxes Coming, Just Like Obama Promised New York Fed: Most Powerful Financial Institution You’ve Never Heard Of along with the missing $4 trillion you’ve never heard of Home Prices Drop Most on Record... Federal Hiring Frenzy......average pay $75,419 A Coming Flood of Equity Issuance, aka The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a plan…riiiiight!…report Buffett's Berkshire has first loss since 2001 Are stocks a loser's bet?YES! Deficits soar even with rosy assumptions in new Obama budget... America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-11-09, only modest losses relative to reality, ‘SELL IN MAY AND GO AWAY’ so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Unemployment up to 8.9%, The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable , etc.. Everyone is familiar with the old saying, "what goes up must come down." Certainly the stock market has mounted a serious challenge to this old saying since bouncing off its lows in March and continues to defy gravity…In the face of unrelenting bad news, the market has been climbing because the news is "less bad," Gentle Ben and his Merry Band of Feds see "green shoots" and the financial press continues an unrelenting mantra of "recovery lies just ahead." It seems like the markets will never stop climbing, but they will, because contrary to what you hear on CNBC and read in the financial press, the laws of gravity have not been repealed and it's still true that "what goes up, must come down."

BEWARE OF THE SUCKER'S RALLY? ‘…Most recently, the S&P 500 soared 24 per cent over seven weeks ending in early January, only to plunge to a new low. It was a fairly typical sucker’s rally and bear markets often need more than one to create sufficient disillusionment for a definitive bottom. The 2000–2002 bear market had three, with average gains of 21 per cent in the Dow Jones Industrials over 45 days. The granddaddy of all bear markets, 1929 –1932, had six false alarms with an average gain of 47 per cent. And Japan’s ongoing bear saw the Nikkei rise by at least a third four times in its first four years with 10 more false dawns since then. Bear markets typically end with a whimper rather than a bang, casting doubt on the latest recovery according to Hussman Econometrics, which analysed numerous US market bottoms and bear market rallies. With the exception of the 1987 crash, the month before the lowest point of a downturn saw a gradual descent. By contrast, bear market rallies were preceded by steeper declines and had sharper rebounds. Another characteristic of bear market rallies has been modest volume on the rebound compared to the decline. The current recovery fits the pattern of bear market rallies in terms of volume and the “V” shape of the trough. Analysts at Bespoke Investment Group noted that there have been only seven other periods in the past 110 years with rallies of similar magnitude for the Dow. Three preceded the Great Depression, three came during the Depression and one in 1982…’
New record for continuing unemployment claims and as with all government data, adp data, etc., is fudged to whatever way necessary to help froth the market. Short-covering explaining part of what remains of this continuing suckers’ bear market rally and as admonished by analyst at Farr Miller is a bull trap. How about plain old bull crap! One analyst (Craig Brown) points out that we’re not at the bottom yet: excerpt-‘ I hate repeating myself, but I do not see the economy at bottom just yet, so in some respects I will keep repeating myself until either other people wake up to this reality or something changes to wake me up. The markets were down a bit yesterday and, according to Bloomberg, they were down due to fears of the stress test results. I don't fear them; I fear what they hide. I fear that a reported 10 out of 19 banks failed when the tests were not at all stringent enough. I fear that the government will soft-pedal the results to make them bad enough to have a tad of credibility but not so bad that people run for the exits. Don't buy my word for it, others are saying the same, including Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case scenario in the stress tests is already rosier than reality.’ Some perspective from Sajal… Excerpts – ie., …Mark Hulbert: That bullish bandwagon. Commentary: Some sentiment measures showing too much optimism Art Cashin: "This rally is still somewhat suspect. Albert Edwards : "Despite one of the biggest economics and profit collapses in history, US stocks have failed to get cheap in the same way that they have in Europe or Japan. My concern is that the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar to the many bear market rallies between 1929-1933, where signs of economic stabilisation were met with 25% plus rallies... This optimism was subsequently crushed." Charles Allmon … He still thinks the stock market could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross the price of gold. Jim Bianco: "I don't think we are getting out of this for a long while. This has been a lousy stock rally. … …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through A Coming Flood of Equity Issuance, aka The Dilution Solution Fed cut banks' deficits after negotiations: sounds like a plan…riiiiight!…report Buffett's Berkshire has first loss since 2001 Are stocks a loser's bet?YES! Deficits soar even with rosy assumptions in new Obama budget... America is broke. How broke? White House forecasts higher budget deficit US red ink rising even higher, to $1.8T Deficits soar even with rosy assumptions in new Obama budget... STIMULUS WATCH: Early road aid leaves out neediest; Auditors can't track transportation funds... Gas price jumps to 6-month high... Six GM executives sell more than 200,000 shares John Hussman: Post Crash Bubbles …Unfortunately, “fear” lows are only evident in hindsight, because as we saw in 2008, a deeply oversold market can become spectacularly more oversold before recovering, and the “fast, furious” spikes off of those lows are often followed by steep failures.... Fed Inspector General Claims She Does Not Know Where Trillions Went Rep. Alan Grayson | Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where this money is. Recovery? What Recovery? Newsweek | Don’t tell me that the economy is getting better, or has even hit rock bottom. Prospects of a quick economic recovery are but fool’s gold Boosting The Dying Dollar With A False Rally Suckers rally sets up the unwinding of the market, Rally just like in 1933, wealth producers becoming impoverished, Fed officer busted for fraud, troubles in the Economy are far beyond fixing, interdependence of banks around the world expected to worsen economic problems. New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-8-09, the flaming full moon and effect on lunatic wall street frauds and bull s**t alone (false data, not as bad as expected…riiiiight!…, etc.) irrationally exuberantly rally stocks so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Unemployment up to 8.9%, US unemployment hits 25-year high China fears bond crisis as it slams quantitative easing The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable , etc.. BEWARE OF THE SUCKER'S RALLY? ‘…Most recently, the S&P 500 soared 24 per cent over seven weeks ending in early January, only to plunge to a new low. It was a fairly typical sucker’s rally and bear markets often need more than one to create sufficient disillusionment for a definitive bottom. The 2000–2002 bear market had three, with average gains of 21 per cent in the Dow Jones Industrials over 45 days. The granddaddy of all bear markets, 1929 –1932, had six false alarms with an average gain of 47 per cent. And Japan’s ongoing bear saw the Nikkei rise by at least a third four times in its first four years with 10 more false dawns since then. Bear markets typically end with a whimper rather than a bang, casting doubt on the latest recovery according to Hussman Econometrics, which analysed numerous US market bottoms and bear market rallies. With the exception of the 1987 crash, the month before the lowest point of a downturn saw a gradual descent. By contrast, bear market rallies were preceded by steeper declines and had sharper rebounds. Another characteristic of bear market rallies has been modest volume on the rebound compared to the decline. The current recovery fits the pattern of bear market rallies in terms of volume and the “V” shape of the trough. Analysts at Bespoke Investment Group noted that there have been only seven other periods in the past 110 years with rallies of similar magnitude for the Dow. Three preceded the Great Depression, three came during the Depression and one in 1982…’
New record for continuing unemployment claims and as with all government data, adp data, etc., is fudged to whatever way necessary to help froth the market. Short-covering explaining part of what remains of this continuing suckers’ bear market rally and as admonished by analyst at Farr Miller is a bull trap. How about plain old bull crap! One analyst (Craig Brown) points out that we’re not at the bottom yet: excerpt-‘ I hate repeating myself, but I do not see the economy at bottom just yet, so in some respects I will keep repeating myself until either other people wake up to this reality or something changes to wake me up. The markets were down a bit yesterday and, according to Bloomberg, they were down due to fears of the stress test results. I don't fear them; I fear what they hide. I fear that a reported 10 out of 19 banks failed when the tests were not at all stringent enough. I fear that the government will soft-pedal the results to make them bad enough to have a tad of credibility but not so bad that people run for the exits. Don't buy my word for it, others are saying the same, including Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case scenario in the stress tests is already rosier than reality.’ Some perspective from Sajal… Excerpts – ie., …Mark Hulbert: That bullish bandwagon. Commentary: Some sentiment measures showing too much optimism Art Cashin: "This rally is still somewhat suspect. Albert Edwards : "Despite one of the biggest economics and profit collapses in history, US stocks have failed to get cheap in the same way that they have in Europe or Japan. My concern is that the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar to the many bear market rallies between 1929-1933, where signs of economic stabilisation were met with 25% plus rallies... This optimism was subsequently crushed." Charles Allmon … He still thinks the stock market could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross the price of gold. Jim Bianco: "I don't think we are getting out of this for a long while. This has been a lousy stock rally. … …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through [$$] Banks Won Concessions on Tests (at The Wall Street Journal Online) [$$] Hit by Mortgage Defaults, Fannie Needs $19 Billion (at The Wall Street Journal Online) [$$] Bank Shares Range-Bound Near Term (at Barron's Online) AP Sources: Obama wants Fed to be finance supercop which is one of the dumber things I’ve ever heard (very bushy) since the fed is the super criminal, capo, godfather, etc., in the criminal enterprise called american finance/scam the taxpayer/etc., in this fraud of monumental proportion … the bubble will again pop Fannie Mae seeks $19B in US aid after 1Q loss Buffett's Berkshire has first loss since 2001 Fed Sees Up to $599 Billion in Bank Losses Is Rupert Murdoch losing it? Already past tense; he’s lost it…so…..? EU Calls for “Internet G12″ for Global Internet Governance US unemployment hits 25-year high China fears bond crisis as it slams quantitative easing The Economy Will Not Recover Until The Perpetrators Of Our Crises Are Held Accountable New York Fed chairman Friedman abruptly resigns BEWARE OF THE SUCKER'S RALLY? Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-7-09, yes, there is a flaming full moon which explains in large part only modest losses relative to reality by the lunatic frauds on wall street so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! New record for continuing unemployment claims and as with all government data, adp data, etc., is fudged to whatever way necessary to help froth the market. Short-covering explaining part of what remains of this continuing suckers’ bear market rally and as admonished by analyst at Farr Miller is a bull trap. How about plain old bull crap! One analyst (Craig Brown) points out that we’re not at the bottom yet: excerpt-‘ I hate repeating myself, but I do not see the economy at bottom just yet, so in some respects I will keep repeating myself until either other people wake up to this reality or something changes to wake me up. The markets were down a bit yesterday and, according to Bloomberg, they were down due to fears of the stress test results. I don't fear them; I fear what they hide. I fear that a reported 10 out of 19 banks failed when the tests were not at all stringent enough. I fear that the government will soft-pedal the results to make them bad enough to have a tad of credibility but not so bad that people run for the exits. Don't buy my word for it, others are saying the same, including Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case scenario in the stress tests is already rosier than reality.’ Some perspective from Sajal… Excerpts – ie., …Mark Hulbert: That bullish bandwagon. Commentary: Some sentiment measures showing too much optimism Art Cashin: "This rally is still somewhat suspect. Albert Edwards : "Despite one of the biggest economics and profit collapses in history, US stocks have failed to get cheap in the same way that they have in Europe or Japan. My concern is that the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar to the many bear market rallies between 1929-1933, where signs of economic stabilisation were met with 25% plus rallies... This optimism was subsequently crushed." Charles Allmon … He still thinks the stock market could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross the price of gold. Jim Bianco: "I don't think we are getting out of this for a long while. This has been a lousy stock rally. … …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through U.S. banks race to fill $74.6 billion stress test hole NY Fed chair resigns amid stock purchase questions and while they’re at it ask him and tiny tim geithner about the missing $4 trillion at the N.Y. fed bank among other things BofA needs $33.9 billion, eyes stock and asset sales Cyberbullying Bill Not About Protecting Kids, It is About Shutting Down the Opposition Rupert Murdoch: “Internet Will Soon Be Over – in his wet dreams along with presidents hillary, rudy, and mccain – must be ancestral flashbacks to the penal colony days in australia” Taking on the banking cabal Looking Back on the Greatest Depression 401(k)s Hit by Withdrawal Freezes Taleb: Global Crisis “Vastly Worse” Than 1930s, Buy Gold and Copper Dollar Hovering at Cliff’s Edge Group names 25 lenders responsible for economic meltdown $58: Oil prices jump to new six-month high... GM posts $6 billion loss for first quarter... Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-6-09, Yes, there is a full moon which explains inlarge part this ridiculous up move on bad news and bull s**t alone so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Some short-covering explaining part of this continuing suckers’ bear market rally, the other as admonished by analyst at Farr Miller is a bull trap. How about plain old bull crap! One analyst (Craig Brown) points out that we’re not at the bottom yet: excerpt-‘ I hate repeating myself, but I do not see the economy at bottom just yet, so in some respects I will keep repeating myself until either other people wake up to this reality or something changes to wake me up. The markets were down a bit yesterday and, according to Bloomberg, they were down due to fears of the stress test results. I don't fear them; I fear what they hide. I fear that a reported 10 out of 19 banks failed when the tests were not at all stringent enough. I fear that the government will soft-pedal the results to make them bad enough to have a tad of credibility but not so bad that people run for the exits. Don't buy my word for it, others are saying the same, including Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case scenario in the stress tests is already rosier than reality.’ Some perspective from Sajal… Excerpts – ie., …Mark Hulbert: That bullish bandwagon. Commentary: Some sentiment measures showing too much optimism Art Cashin: "This rally is still somewhat suspect. Albert Edwards : "Despite one of the biggest economics and profit collapses in history, US stocks have failed to get cheap in the same way that they have in Europe or Japan. My concern is that the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar to the many bear market rallies between 1929-1933, where signs of economic stabilisation were met with 25% plus rallies... This optimism was subsequently crushed." Charles Allmon … He still thinks the stock market could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross the price of gold. Jim Bianco: "I don't think we are getting out of this for a long while. This has been a lousy stock rally. … …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through BofA, Citi, Wells need capital under stress tests NEED BILLIONS AND BILLIONS MORE Bank stress tests show some banks need more funds Almost a Quarter of U.S. Homeowners Are Underwater Banks Need Billions More Globalizing the Internet Hedge Fund Leader Blasts Obama for “Bullying” and “Abuse of Power” About that “loan”: Obama team writes off $7 billion taxpayers loaned Chrysler $56: Oil prices jump to new high for year... US wants Israel, India, Iran to sign NPT Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-5-09, So small were the losses relative to reality that to try and make sense of same (americans among other investors must love getting burned by the frauds on wall street who are commissioning the new bubble like mad and don’t worry since in america today they socialize their losses and privatize their gains) is but a fool’s errand so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! One analyst (Craig Brown) points out that we’re not at the bottom yet: excerpt-‘ I hate repeating myself, but I do not see the economy at bottom just yet, so in some respects I will keep repeating myself until either other people wake up to this reality or something changes to wake me up. The markets were down a bit yesterday and, according to Bloomberg, they were down due to fears of the stress test results. I don't fear them; I fear what they hide. I fear that a reported 10 out of 19 banks failed when the tests were not at all stringent enough. I fear that the government will soft-pedal the results to make them bad enough to have a tad of credibility but not so bad that people run for the exits. Don't buy my word for it, others are saying the same, including Nouriel Roubini. Nouriel has been complaining for weeks on how the worst case scenario in the stress tests is already rosier than reality.’ Some perspective from Sajal… Excerpts – ie., …Mark Hulbert: That bullish bandwagon. Commentary: Some sentiment measures showing too much optimism Art Cashin: "This rally is still somewhat suspect. Albert Edwards : "Despite one of the biggest economics and profit collapses in history, US stocks have failed to get cheap in the same way that they have in Europe or Japan. My concern is that the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar to the many bear market rallies between 1929-1933, where signs of economic stabilisation were met with 25% plus rallies... This optimism was subsequently crushed." Charles Allmon … He still thinks the stock market could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross the price of gold. Jim Bianco: "I don't think we are getting out of this for a long while. This has been a lousy stock rally. … …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through Bank of America to need $34 billion in capital: source Yen rises, stocks slip on Bank of America needs Moody's downgrades NYSE Euronext debt (AP) Auditors see SEC deficiencies Stress Test Results Seem to Be Changing Daily (at Seeking Alpha) We Haven't Reached the Bottom Yet About that “loan”: Obama team writes off $7 billion taxpayers loaned Chrysler US Fed rejects request to help credit card holders Fed Stress Tests to Show About 10 Banks Need Capital Gold Climbs to One-Week High as Dollar Declines; Platinum Gains Editorial: Bleak forecast for EU economies Michigan residents mine bodies for cash; Sellers offer hair, blood... GM plans 1-for-100 reverse stock split... The Economic Pain Ain't Over Yet Economic downturn ‘twice as bad as feared’ NEEDS MORE: House Dems seek $94.2 billion in 'emergency funds'... Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-4-09, so preposterous was the day’s suckers’ rally that I cannot dignify same with my own commentary other than to say SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Some perspective from Sajal… Excerpts – ie., …Mark Hulbert: That bullish bandwagon. Commentary: Some sentiment measures showing too much optimism Art Cashin: "This rally is still somewhat suspect. Albert Edwards : "Despite one of the biggest economics and profit collapses in history, US stocks have failed to get cheap in the same way that they have in Europe or Japan. My concern is that the US equity bear market has not yet fully played out. "The current pop in the market is not dissimilar to the many bear market rallies between 1929-1933, where signs of economic stabilisation were met with 25% plus rallies... This optimism was subsequently crushed." Charles Allmon … He still thinks the stock market could decline to 3,200-4,200 on the Dow by 2011-2012 -- and that it could cross the price of gold. Jim Bianco: "I don't think we are getting out of this for a long while. This has been a lousy stock rally. … …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming Georgia, N.J. and Utah banks fail The Economic Pain Ain't Over Yet Obama says financial sector to shrink (Reuters) Buffett dispenses gloom at Berkshire fest…daaaah! Warren Buffett warns inflation is on the horizon …daaah!(at Fortune) SHOCK CLAIM: WHITE HOUSE BULLY THREAT OVER AUTO BANKRUPTCY... China 'cutting down purchases of US Treasury bonds'... Obama: Wall Street will play less dominant role... ...financial sector to shrink European economy 'will shrink 4%' About 10 U.S. stress test banks to need more capital UBS remains cautious after confirming first-quarter loss AIG to post first-quarter loss, no new bailout: source Prepare for Another Round of U.S. 'Stimulus' Propaganda Swine Flu A Hoax, But Martial Law All Too Real U.S. families rely on handouts in world’s richest country Attack on the Chrysler Capitalists Obama Pushes ‘Crackdown’ on Legal Tax ‘Havens’ Economic downturn ‘twice as bad as feared’ NEEDS MORE: House Dems seek $94.2 billion in 'emergency funds'... Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 5-1-09, suckers’ rally into the close to keep suckers sucked in based on very bad news [U.S. Economy: GDP Shrinks in Worst Slump in 50 Years , Georgia, N.J. banks fail, bringing '09 total to 31 , Auto sales plunge to near 30-year lows , Chrysler to close 5 more plants; court case begins , ‘China cancels America’s credit card’ , Mark Hulbert who tracks investment consensus says bear market rally and new lows before new highs , continuing claims for unemployment at new record 6.3 million, new claims at 631,000 for prior week, worse than expected are consumer spending -.2% and personal income -.3%, Chrysler receives additional $8 billion in taxpayer funds and files for bankruptcy, U.S. Economy in 2nd Straight Quarter of Steep Decline , leading economic indicators ( a forward looking guage of economic activity/growth) declined a much worse than expected –6.1% which one analyst commented was negative and getting worse, pandemic level raised to 5, banks need another trillion, new home sales down, durable goods sales down, 4 more bank failures to 27 for 2009 thus far, GM borrows $2 billion more/close dealers/many more layoffs, Ford loses almost $2 billion, Microsoft reports first decline in revenue ever, U.S. Initial Jobless Claims Rose to 640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k, etc. , home sales down 3%, prices down 12%, etc. ] and bull s**t ( fed says pace of decline slowing…riiiiight!, dilutive stock issues, not as bad as expected, Consumer confidence soars past forecasts (on fake conference board report) in April – riiiiight! Come on! Even americans are not that shortsighted /blind /dumb!… l , etc. ) alone to keep fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! ‘…economic conditions remain dour. Factory orders for March declined 0.9%, which is worse than the 0.6% decline that was widely expected, and February orders were revised lower to reflect an increase of 0.7%. Meanwhile, the ISM Manufacturing Index for April showed continued contraction. It came in at 40.1. However, that was better than the 38.4 that was expected, and was also up from 36.3 in March. With economic conditions continuing to challenge businesses and consumers, Ford (F 5.69, -0.29) announced April auto sales fell 31.6%, while General Motors (GM 1.81, -0.11) said its US sales fell 34% in April…’ …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline Dollar falls on euro, up on yen on GDP hopes…riiiiight! "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming throughSocial Security: Bankrupt System Will Impact Markets Sooner Than Expected Georgia, N.J. banks fail, bringing '09 total to 31 U.S. Economy: GDP Shrinks in Worst Slump in 50 Years Auto sales plunge to near 30-year lows [$$] The Overvalued Market Needs a Healthy Pullback Major wholesale bank shuttered …Silverton, Ga…and then Ridgewood, n.j. for 31st bank failure this year (at CNNMoney.com) Manufacturing declines at slower rate in April … riiiiight!…(AP) Chrysler to close 5 more plants; court case begins Results delayed again on banks stress tests …the fudge factor!…(at bizjournals.com) Regulators close two more banks U.S. families rely on handouts in world’s formerly richest country Elliot Wave Theorists Claim Pandemics Always Happen In a Bear Market CITI Said to Need Up to $10 Billion; Bank Disputes 'Stress Test' Result... ‘China cancels America’s credit card’ China, wary of the troubled US economy, has ‘canceled America’s credit card’ by cutting down purchases of debt, a US congressman says. Top Senate Democrat: bankers “own” the U.S. Congress Stress-Test Results Are Delayed by Fed as Examiners, Banks Debate Findings... Economy shrinks at worse-than-expected pace... Metro Unemployment Skyrockets; Some Cities See Rates Comparable To Great Depression... STRESS: Fed Finds at Least 6 of 19 Biggest Banks Need to Raise More Capital... CITI scrambles... MSNBC's Washington HQ Can't Make Rent: Looking to Share Space with Local U... Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 4-30-09, very modest losses relative to reality to keep suckers sucked in based on very bad news [Continuing claims for unemployment at new record 6.3 million, new claims at 631,000 for prior week, worse than expected are consumer spending -.2% and personal income -.3%, Chrysler receives additional $8 billion in taxpayer funds and files for bankruptcy, U.S. Economy in 2nd Straight Quarter of Steep Decline , leading economic indicators ( a forward looking guage of economic activity/growth) declined a much worse than expected –6.1% which one analyst commented was negative and getting worse, pandemic level raised to 5, banks need another trillion, new home sales down, durable goods sales down, 4 more bank failures to 27 for 2009 thus far, GM borrows $2 billion more/close dealers/many more layoffs, Ford loses almost $2 billion, Microsoft reports first decline in revenue ever, U.S. Initial Jobless Claims Rose to 640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k, etc. , home sales down 3%, prices down 12%, etc. ] and bull s**t ( fed says pace of decline slowing…riiiiight!, dilutive stock issues, not as bad as expected, Consumer confidence soars past forecasts (on fake conference board report) in April – riiiiight! Come on! Even americans are not that shortsighted /blind /dumb!… l , etc. ) alone to keep fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… U.S. Economy: GDP Shrinks in Worst Slump in 50 Years "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline Dollar falls on euro, up on yen on GDP hopes…riiiiight! "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” Chrysler files for Chapter 11 bankruptcy Motorola loss widens; analysts see worrisome signs Dow Chemical 1Q profit tumbles 97 percent With earnings bar low, April fraudulently strong for stocks Will the Swine Flu Get the Same Response as the Financial Crisis - Protect the Status Quo without Really Changing Anything? U.S. Economy: GDP Shrinks in Worst Slump in 50 Years Top Senate Democrat: bankers “own” the U.S. Congress Stress-Test Results Are Delayed by Fed as Examiners, Banks Debate Findings... Economy shrinks at worse-than-expected pace... Metro Unemployment Skyrockets; Some Cities See Rates Comparable To Great Depression... STRESS: Fed Finds at Least 6 of 19 Biggest Banks Need to Raise More Capital... CITI scrambles... MSNBC's Washington HQ Can't Make Rent: Looking to Share Space with Local U... Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 4-29-09, flagrant suckers’ rally to keep suckers sucked in based on very bad news [ U.S. Economy in 2nd Straight Quarter of Steep Decline leading economic indicators ( a forward looking guage of economic activity/growth) declined a much worse than expected –6.1% which one analyst commented was negative and getting worse, pandemic level raised to 5, banks need another trillion, new home sales down, durable goods sales down, 4 more bank failures to 27 for 2009 thus far, GM borrows $2 billion more/close dealers/many more layoffs, Ford loses almost $2 billion, Microsoft reports first decline in revenue ever, U.S. Initial Jobless Claims Rose to 640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k, etc. , home sales down 3%, prices down 12%, etc. ] and bull s**t ( fed says pace of decline slowing…riiiiight!, dilutive stock issues, not as bad as expected, Consumer confidence soars past forecasts (on fake conference board report) in April – riiiiight! Come on! Even americans are not that shortsighted /blind /dumb!… l , etc. ) alone to keep fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says. Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Economy in 2nd Straight Quarter of Steep Decline Dollar falls on euro, up on yen on GDP hopes…riiiiight! "You have to balance hope with reality," says Doug Sandler, chief equity officer at Riverfront Investment Group. Sandler tells Andrew O'Day "this is a good example of a year where you probably have a lot of hope early, then the reality coming through…” Economy shrinks at worse-than-expected pace... Metro Unemployment Skyrockets; Some Cities See Rates Comparable To Great Depression... STRESS: Fed Finds at Least 6 of 19 Biggest Banks Need to Raise More Capital... CITI scrambles... MSNBC's Washington HQ Can't Make Rent: Looking to Share Space with Local U... Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 4-28-09, very modest losses relative to reality to keep suckers sucked in based on bad news (banks need another trillion, new home sales down, durable goods sales down, 4 more bank failures, GM borrows $2 billion more, Ford loses almost $2 billion, Microsoft reports first decline in revenue ever, U.S. Initial Jobless Claims Rose to 640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k, etc. , home sales down 3%, prices down 12%, etc. ) and bull s**t ( dilutive stock issues, not as bad as expected, Consumer confidence soars past forecasts (on fake conference board report) in April – riiiiight! Come on! Even americans are not that shortsighted /blind /dumb!… l etc. ) alone to keep fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Sun's loss widens on restructuring, slumping sales Citi, BofA may need more capital after stress tests (Reuters) GM to force more than 1,000 dealers to close Douglas, Stone head back to `Wall Street' (AP) E-Trade Financial 1st-qtr loss widens, shares fall (AP) Textron's 1st-quarter profit falls 63 pct (AP) …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says.Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… Betrayal of the People By Wall Street, Banks, and Government FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 4-27-09, only modest losses relative to reality to keep suckers sucked in based on bad news (banks need another trillion, new home sales down, durable goods sales down, 4 more bank failures, GM borrows $2 billion more, Ford loses almost $2 billion, Microsoft reports first decline in revenue ever, U.S. Initial Jobless Claims Rose to 640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k, etc. , home sales down 3%, prices down 12%, etc. ) and bull s**t ( dilutive stock issues, not as bad as expected, etc. ) alone to keep fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! …traders living in a fool's paradise if they continue to drive the markets higher by buying stocks based on earnings that are down, say, 50 percent from this time last year, only because they're not down 75 percent… Diane Garnick, investment strategist at Invesco...In an interview on Tech Ticker, Garnick says that companies are beating earnings expectations in the first quarter by Draconian cost-cutting, an unsustainable strategy for long-term growth. More importantly, although companies are beating profit estimates, thanks to the cost-cutting, they are missing expectations for revenue, she says.Further, cost-cutting via layoffs hurts the economy as a whole, Garnick argues, because the unemployed spend less money… Betrayal of the People By Wall Street, Banks, and Government GM OFFERS ITSELF UP FOR NATIONALIZATION... FLASH: Treasury Borrows Record $361 Billion for 2nd Quarter... GM goes for broke Corporate CFR Members Get Most of the Bailout Money Flu fears dampen talk of tentative world recovery Raised pandemic risk, bank capital report fuels fresh fears US newspaper circulation sees biggest decline yet (AP) WSJ: Regulators urge BofA, Citi to boost capital

GM goes for broke CNNMoney | General Motors announced plans Monday to cut 23,000 U.S. jobs by 2011, drop its storied Pontiac brand and slash 40% of its dealer network in its latest bid to stay out of bankruptcy.

U.S. Initial Jobless Claims Rose to 640,000 Last Week

Gore Denies that Ken Lay, Goldman Sachs CEOs Helped Develop C02 Trading ‘Scheme’: VIDEO

PREVIOUS 4-24-09, suckers’ bear market rally to keep suckers sucked in based on bad news ( new home sales down, durable goods sales down, 4 more bank failures, GM borrows $2 billion more, Ford loses almost $2 billion, Microsoft reports first decline in revenue ever, U.S. Initial Jobless Claims Rose to 640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k, etc. , home sales down 3%, prices down 12%, etc. ) and bull s**t ( dilutive stock issues, not as bad as expected, etc. ) alone to keep fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Watch out for the fake government stress tests (they lie about everything!). Note the delay in the rollout. Bank analyst Cassidy says bank plan a failure. Business week business analyst /reporter says (tongue in cheek) the optimism (irrational exuberance) must be the advent of spring and the birds chirping (in the heads of the wall street lunatic/frauds…cukoos). Analysts/Economists comments include: slow release of stress test results, details and accuracy of data crucial for stress tests (good luck!), things have not bottomed out but pace of decline has slowed somewhat, bleak outlook for GM, Chrysler and bankruptcy probably necessary because of legacy costs, and public pension funds with ridiculously rich benefits the next shoe to drop. Oxdown Gazette sums up the crucial story | ‘The 12 trillion that is being floated to insolvent US banks is essentially being looted in the paper economy’ (ie., churn and earn by wall street fraudsters who must be prosecuted and forced disgorgement/forfeiture in the massive securities fraud that still goes unmentioned though the source of this economic debacle, etc.).
Four more banks shuttered as credit crunch shakes out Why Housing Is Not Coming Back Obama Talks Credit Cards, Summers Nods Off This Volatility Is Off the Charts! Banks May Struggle After 'Stress Tests'; Bad Assets Triple...

R.I.P.: GM to pull the plug on Pontiac...

Four more banks closed by regulators, this years closures exceeding all of 2008 as depression continues John Letzing, MarketWatch April 24, 2009 SAN FRANCISCO (MarketWatch) -- Four banks in Georgia, Michigan, California and Idaho were closed by regulators Friday, costing the Federal Deposit Insurance Corp.'s deposit insurance fund nearly $700 million as the effects of the credit crisis continued rippling throughout the U.S. economy. Kennesaw, Ga.-based American Southern Bank marked the 26th bank failure of the year and the fifth in the state of Georgia, the FDIC said. Farmington Hills, Mich.-based Michigan Heritage Bank then became the 27th failure of 2009, followed by the closure of Calabasas, Ca.-based First Bank of Beverly Hills. Alpharetta, Ga.-based Bank of North Georgia has agreed to assume American Southern Bank's deposits, the FDIC said in a statement…
Germany’s slump risks ‘explosive’ mood as second banking crisis looms China Increases Gold Reserves 76% to Fifth-Largest

PREVIOUS 4-23-09, suckers’ rally in last 30 minutes to keep suckers sucked in based on bad news ( U.S. Initial Jobless Claims Rose to 640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k, etc. , home sales down 3%, prices down 12%, etc. ) and bull s**t ( dilutive stock issues, not as bad as expected, etc. ) alone to keep fraudulent wall street’s churn and earn commissionable bubble ( Interview with Peter Schiff: Reflating the Bubble ) fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Watch out for the fake government stress tests (they lie about everything!). Oxdown Gazette sums up the crucial story | ‘The 12 trillion that is being floated to insolvent US banks is essentially being looted in the paper economy’ (ie., churn and earn by wall street fraudsters who must be prosecuted and forced disgorgement/forfeiture in the massive securities fraud that still goes unmentioned though the source of this economic debacle, etc.). U.S. Initial Jobless Claims Rose to 640,000 Last Week as Continuing Claims Exceed 6.1 million for new record …k Russia’s economy shrank a staggering 9.5% in first quarter Truth About TARP Reports: GM to Shut Down Plants for the Summer President's financial adviser falls asleep while Obama talks! ON THE BRINK: Feds preparing bankruptcy filing for CHRYSLER... AMEX Profit Drops 58% as Defaults Rise, Consumers Cut Spending... Microsoft's sales show fallout of recession Normura posts record $7.3 billion annual loss Interview with Peter Schiff: Reflating the Bubble

Soaring U.S. Budget Deficit Will Mean Billions in Bond Sales Housing bubble smackdown: Huge “shadow inventory” portends a bigger crash ahead AP Sources:GM to shut many US plants up to 9 weeks - General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and growing inventories of unsold vehicles, three people bri… [$$] Morgan Stanley Still at Loss (at The Wall Street Journal Online) [$$] Gauging Stress: More Losses Likely (at The Wall Street Journal Online) No quick cybersecurity fix seen Banks still in distress, Geithner tells overseers…DAAAAAH! How ‘bout insolvent!…(AP) David Tice: S&P 500 To Plunge to 325 Housing Starts Fall Sharply... Wall Street loses 3,100 jobs in March … Should lose another 90% OF THEIR CHURN AND EARN JOBS (Reuters) Treasury Stress Test Won't Add Clarity or Transparency - Just Inconsistency … and lack of meaningful FASB standard (ie., mark to market abolition, etc.) means more fraud (at Seeking Alpha) Questions linger over Tarp funding... MAJOR MALL OPERATOR FILES FOR BANKRUPTCY... JPMorgan and Goldman trading profits unlikely to last Reuters The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 4-22-09, modest losses relative to reality in mixed market close so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Oxdown Gazette sums up the crucial story | ‘The 12 trillion that is being floated to insolvent US banks is essentially being looted in the paper economy’(ie., churn and earn by wall street fraudsters who must be prosecuted and forced disgorgement/forfeiture in the massive securities fraud that still goes unmentioned though the source of this economic debacle, etc.). ‘For the second session in a row, stocks opened lower but buyers moved in to bid the major indices higher (based on nothing at all). However, upward momentum stalled as the S&P 500 approached the 850 level in the final hour of trading, which prompted sellers to re-enter the fold and hand stocks a sizeable loss. The late selling effort focused on financial stocks, which closed with a loss of 3.8%, worse than any other sector in the S&P 500. Shares of Morgan Stanley (MS 22.44, -2.21) weighed heavily on the financial sector after the company reported a larger-than-expected first quarter loss and a dividend cut.’

Gold Heading Above $2,000 by End of 2010: Strategist Soaring U.S. Budget Deficit Will Mean Billions in Bond Sales Housing bubble smackdown: Huge “shadow inventory” portends a bigger crash ahead AP Sources:GM to shut many US plants up to 9 weeks - General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and growing inventories of unsold vehicles, three people bri... Falling bank stocks unravel rally; Dow loses 83 - Nagging worries about banks upended a stock market rally Wednesday. [$$] Morgan Stanley Still at Loss (at The Wall Street Journal Online) Talks on mortgage relief plan hit a snag (AP) - Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposa... [$$] Gauging Stress: More Losses Likely (at The Wall Street Journal Online) No quick cybersecurity fix seen Banks still in distress, Geithner tells overseers…DAAAAAH! How ‘bout insolvent!…(AP) David Tice: S&P 500 To Plunge to 325 Housing Starts Fall Sharply... Wall Street loses 3,100 jobs in March … Should lose another 90% OF THEIR CHURN AND EARN JOBS (Reuters) Treasury Stress Test Won't Add Clarity or Transparency - Just Inconsistency … and lack of meaningful FASB standard (ie., mark to market abolition, etc.) means more fraud (at Seeking Alpha) Questions linger over Tarp funding... MAJOR MALL OPERATOR FILES FOR BANKRUPTCY... JPMorgan and Goldman trading profits unlikely to last Reuters The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 4-21-09, Tiny Tim talks the talk in testimony tit for tat talking the talk, or stated another way, how much talk could tiny tim talk if a tiny tim could talk talk, said three times fast and you have the inspiration for a rally on fraudulent wall street based on bull s**t alone as bad news and bull s**t alone has kept the churn and earn commissionable bubble fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Even main stream business radio reporter Laura Gregory references the ‘rally based on nothing at all’, which of course is true. One analyst said all bank problems remain and reality would not limit the remaining problems to banks. IMF says $2.7 trillion in losses ahead for (u.s.) banks. judd greg says u.s. couldn’t meet the economic criteria for admission to EU. WOW! Given the economic state of the EU, that’s worse than bad! Seeking Alpha Analyst sums it up ‘…The six-week-long rally is over. It was huge. The Dow Jones is up almost 1500 points. But the party is over. The Dow Jones fell under its 13 day moving average, the same thing happened to the S&P 500 and the Nasdaq composite. I had some hope that the Naz could stay above its 13 day MA, but no such luck. Now what? According to the 1932 scenario, we might have a 2-3 months long slump, followed by another bull market. Or the market can go down big time, cross down its 50 day MA and test the March lows…’ - The latter is the scenario consonant with reality. - He assumes best case scenario as he concludes that ‘…means that either the March low holds or a new low will not be much lower. – Reality disagrees with that overly rosy scenario based upon his stated overly rosy assumption! Crimes suspected in 20 bailout cases — for starters AIG eats another $30 billion-ish Housing Bubble Smackdown: Bigger Crash Ahead U.S. Stocks To Fall at Least 6%: Doug Kass Key Points About the Coming Hyperinflation Wall St gains as banks lifted by tiny tim’s b.s NYT losses worsen as ad sales plunge 27%... Yahoo to cut 5 percent of jobs Wall St gains as banks lifted by tiny tim’s b.s. AMD posts deeper loss, shares fall (AP) [$$] Connecticut Treasurer Joins Critics of BofA CEO (at The Wall Street Journal Online) [$$] Citi Investors Vent About Losses (at The Wall Street Journal Online) Banks still in distress, Geithner tells overseers…DAAAAAH! How ‘bout insolvent!…(AP) David Tice: S&P 500 To Plunge to 325 Housing Starts Fall Sharply... Wall Street loses 3,100 jobs in March … Should lose another 90% OF THEIR CHURN AND EARN JOBS (Reuters) Treasury Stress Test Won't Add Clarity or Transparency - Just Inconsistency … and lack of meaningful FASB standard (ie., mark to market abolition, etc.) means more fraud (at Seeking Alpha) Questions linger over Tarp funding... MAJOR MALL OPERATOR FILES FOR BANKRUPTCY... JPMorgan and Goldman trading profits unlikely to last Reuters The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression

PREVIOUS 4-20-09, Modest losses relative to reality as bad news and bull s**t alone has kept the churn and earn commissionable bubble fraud rolling (on the way up and on the way down) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! All reasons for today’s reality plunge have been previously covered and warned of here in real time; ie., new meaningless FASB accounting standards which wall street frauds rallied on now have sold off on, worse to come in credit defaults/losses, leading indicators down again, etc.. David Tice: S&P 500 To Plunge to 325 `Housing Starts Fall Sharply...` Sony Ericsson posts Q1 loss, plans more cost cuts Wall Street loses 3,100 jobs in March … Should lose another 90% OF THEIR CHURN AND EARN JOBS (Reuters) Treasury Stress Test Won't Add Clarity or Transparency - Just Inconsistency … and lack of meaningful FASB standard (ie., mark to market abolition, etc.) means more fraud (at Seeking Alpha) `Questions linger over Tarp funding...` `MAJOR MALL OPERATOR FILES FOR BANKRUPTCY...` JPMorgan and Goldman trading profits unlikely to last Reuters The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall Short Ron Paul: Reckless Spending And Taxation Prolonged Great Depression Goldman Sachs: Wall St Largest Crooks

Citigroup: The Beginning and End of the Current Rally (at Seeking Alpha) Why BAC Will Beat: Understanding a New Bull Market Is Not Underway (at Seeking Alpha) Government's Handling of Economic Crisis - Einstein Would Call It Insane (at Seeking Alpha) Bank of America net up, shares sink on bad loans GM cutting 1,600 U.S. salaried positions IBM sales fall more than expected, but b.s. up Wall Street sinks on banks' woes Wall Street tumbles as investors dump financials (AP) IBM shares slip as 1Q sales fall short (AP) New embrace of reality about bank health grip Wall Street Backdoor Path To Bank Nationalization (at CNBC) Zions Bancorp Swings To 1Q Loss; Moody's Cuts Ratings Economic Downturn Negatively Affecting Credit Markets in Varied Industries Celente: “America lives in a fascist state” Backdoor Nationalization? U.S. May Convert Banks’ Bailouts to Equity Share Why a 50% Drop in Housing Is Not the Bottom

PREVIOUS 4-17-09 (4-14,15,16,-09), Suckers’ rally into the close to keep the suckers’ suckered on bad news and bull s**t alone so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

April 17 (Bloomberg) -- David Tice, the chief portfolio strategist for bear markets at Federated Investors Inc., said the Standard & Poor’s 500 Index will probably plunge about 62 percent. He spoke during a Bloomberg Television interview today. The Federated Prudent Bear Fund that he founded returned 6.7 percent last year as the S&P 500 plunged 38 percent, the most since 1937. Tice said the benchmark index for U.S. stocks may slump to about 325. It closed today at 865.30. The measure has surged 28 percent since March 9, the most in five weeks since the 1930s. SUCKER'S RALLY APPROACHING AN END by Peter Cooper: Whatever the technical reason for the 25 percent rise in the S&P over the past five weeks, or a more modest eight percent bounce in GCC regional stock prices, the absurdness of this sucker’s rally ought to be obvious to all. Unemployment is still rising, house prices are still falling, and the fundamentals of bank balance sheets are still deteriorating with total bad debts unknown except that we know they must be getting worse. Global trade fell off a cliff in the first quarter of the year. Even Mercedes car sales to the oil rich of the GCC fell 23 per cent. The collapse of the world’s second largest economy, Japan, has been unprecedented.
Bad news coming … The stock market pattern in 2008-9 has so far been a mirror image of the crash of 1929-30 with a halving of prices from the autumn followed by a 25 per cent rally from March lows. In April 1930 stocks moved sideways and then they crashed another 50 per cent into the summer… New record continuing unemployment claims in excess of 6 million, -11% for new home sales (unexpected but stocks and even homebuilders rallied), Bloomberg reports $13 trillion (much unaccounted for) taxpayer/bailout funds spent/lent/stolen by who knows what/where/how (ie.,replace stolen funds?, etc.), second largest mall co. to bankruptcy with more to come along with more commercial real estate foreclosures. ‘…initial claims for the week ending April 11 totaled 610,000, which is down more than expected from the prior week, but continuing claims climbed more than expected to a new record of 6.02 million. Separately, housing starts disappointed investors hoping to find signs of a recovery in home building. Housing starts for March totaled 510,000, which was below the 540,000 starts that were expected and down from the prior month. Meanwhile, building permits in March totaled 513,000, which is below the 549,000 permits that were expected, down from February…’

Industrial production down –13%, most since WW2. The wall street frauds celebrate increase real estate sales…on increased foreclosures…riiiiight! U.S. foreclosure filings jump as moratoriums end US foreclosures up 24 percent in 1st quarter Jim Rogers Says Investors Should Expect More Bottoms Still not one prosecution as new churn and earn fraud/bubble begins with taxpayer bailout funds (old reliable foggy/sell the sizzle tech sector now the wall street frauds’ refuge-remember the dot com bust, etc.). BULL ST STORIES FOISTED AS B.S. TALKING POINTS FOR CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR CHURN AND EARN COMMISSIONING: WELLS FARGO RECEIVED $25 BILLION TAXPAYER MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT- GOLDMAN RECEIVED $10 BILLION PLUS UNDISCLOSED FED/ ULTIMATELY TAXPAYER MONEY AND REPORTS QUARTERLY $1.8 BILLION PROFIT - MORGAN CHASE RECEIVED $25 BILLION AND REPORTS QUARTERLY $2+ BILLION PROFIT – CITI RECEIVED $25 BILLION AND REPORTS QUARTERLY $__ BILLION PROFIT - DO THE MATH (FIRST GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS PAY) - AT THAT RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO TAX! WHAT FRAUDS! The Great Geithner Coverup WHAT TOTAL BULL ST! …[The upshot is that the fraud continues in churn-and-earn fashion with investors, taxpayer, etc., getting burned for the sake of wall street greed/fraud. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc. - Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.]. U.S. Treasury asking banks keep quiet on stress tests New unemployment claims at high 654,000 praised as positive number… riiiiight! …as continuing unemployment claims at record 5.84 million (real numbers even worse). Economy so bad that consumers can’t buy goods so trade deficit shrank but this is a structural defect in u.s. economy so not good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus, consolidation, robbing peter to pay paul, take profits; while economist cite Reich that we’re in depression and government as in land of fruits and nuts out of control. Earnings revised downward for first quarter –36.5%, more weakness, more unemployment, inflation to come on fast says Hogan, and insurance companies now que up at corporate welfare/taxpayer bailout lines. In positing (suckers’) bear market rally and advocating hold cash/sell stocks Hillary Kramer points to the preposterous on wall street where bad news greated as good vis-à-vis stocks (they call what wall street does ‘fraud’…in a rational world where they would already be in jail). Madman Cramer – the ultimate contrarian indicator - CRAMER'S CALL: ANOTHER RALLY TOP INDICATOR Greg Feirman Wow, the bulls are really feeling good. “Wells Fargo Carries The Day” and the S&P and Dow closed at 2 months high and the Nasdaq is near its highs for the year. On Mad Money this evening, Cramer went so far as to call “a turn in the economy”, saying “the facts have changed”, “the situation has clearly improved” and “things are getting better”. This isn’t the first time Cramer has called a bottom and he’s been wrong before (For example, see “Cramer Declares The End Of The Bear Market” , Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday October 6, Cramer went on the today show and told people to sell any stock money they might need in the next five years. The market bottomed that Friday. It could run another couple weeks but this rally is running thin. Methinks me smells a top….. Rational View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial sector, the looming deterioration of commercial real estate, the credit markets tepid backing of the equity rally, and the still very shaky and highly volatile global economy, it's our view at ETFdesk.com the recent run-up in stocks is unwarranted and presents an overly optimistic view of the months ahead. We believe investors should consider taking short term profits or use the recent run to reduce equity exposure they are weary of. We also believe investment grade debt (NYSEArca: LQD - News) represents an opportunity for investors seeking beaten down prices without the downside volatility of equities…David Tice: S&P 500 To Plunge to 325 `Housing Starts Fall Sharply...` Sony Ericsson posts Q1 loss, plans more cost cuts Wall Street loses 3,100 jobs in March … Should lose another 90% OF THEIR CHURN AND EARN JOBS (Reuters) Toshiba expects bigger loss, contract job cuts Sony Ericsson posts loss, to cut 2,000 jobs Treasury Stress Test Won't Add Clarity or Transparency - Just Inconsistency … and lack of meaningful FASB standard (ie., mark to market abolition, etc.) means more fraud (at Seeking Alpha) `Questions linger over Tarp funding...` `MAJOR MALL OPERATOR FILES FOR BANKRUPTCY...` JPMorgan and Goldman trading profits unlikely to last Reuters The Great Geithner Coverup Obama Maintains His Perfect Batting Average for Appointing Failed Insiders to Key Economic Posts Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall Short Ron Paul: Reckless Spending And Taxation Prolonged Great Depression Goldman Sachs: Wall St Largest Crooks

PREVIOUS (4-14-09), Suckers’ rally into the close to keep the suckers’ suckered on bad news and bull s**t alone so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Retail sales down –1.1%. ‘…The downward push came as financial stocks fell out of favor and disappointing retail sales data led some to second guess the prospects of retailers. Financial stocks weighed on the broader market for the entire session and finished with a 7.7% loss. The sector's weakness was widespread, but investment banks and brokerages (-10.7%) suffered some of the steepest declines after Goldman Sachs (GS 115.92, -14.23) announced a $5 billion common equity offering that was discounted from the prior session's closing price. The offering will also prove dilutive to existing shareholders…’ Jim Rogers Says Investors Should Expect More Bottoms BULL S**T STORIES FOISTED AS B.S. TALKING POINT FOR CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR CHURN AND EARN COMMISSIONING: WELLS FARGO RECEIVES $25 BILLION TAXPAYER MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT- GOLDMAN RECEIVED $10 BILLION PLUS UNDISCLOSED FED/ ULTIMATELY TAXPAYER MONEY AND REPORTS QUARTERLY $1.8 BILLION PROFIT - DO THE MATH (FIRST GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS PAY) - AT THAT RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO TAX! WHAT FRAUDS! The Great Geithner Coverup WHAT TOTAL BULL S**T! U.S. Treasury asking banks keep quiet on stress tests New unemployment claims at high 654,000 praised as positive number…riiiiight!…as continuing unemployment claims at record 5.84 million (real numbers even worse). Economy so bad that consumers can’t buy goods so trade deficit shrank but this is a structural defect in u.s. economy so not good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus, consolidation, robbing peter to pay paul, take profits; while economist cite Reich that we’re in depression and government as in land of fruits and nuts out of control. Earnings revised downward for first quarter –36.5%, more weakness, more unemployment, inflation to come on fast says Hogan, and insurance companies now que up at corporate welfare/taxpayer bailout lines. In positing (suckers’) bear market rally and advocating hold cash/sell stocks Hillary Kramer points to the preposterous on wall street where bad news greated as good vis-à-vis stocks (they call what wall street does ‘fraud’…in a rational world where they would already be in jail). Madman Cramer – the ultimate contrarian indicator - CRAMER'S CALL: ANOTHER RALLY TOP INDICATOR Greg Feirman Wow, the bulls are really feeling good. “Wells Fargo Carries The Day” and the S&P and Dow closed at 2 months high and the Nasdaq is near its highs for the year. On Mad Money this evening, Cramer went so far as to call “a turn in the economy”, saying “the facts have changed”, “the situation has clearly improved” and “things are getting better”. This isn’t the first time Cramer has called a bottom and he’s been wrong before (For example, see “Cramer Declares The End Of The Bear Market” , Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday October 6, Cramer went on the today show and told people to sell any stock money they might need in the next five years. The market bottomed that Friday. It could run another couple weeks but this rally is running thin. Methinks me smells a top….. Rational View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial sector, the looming deterioration of commercial real estate, the credit markets tepid backing of the equity rally, and the still very shaky and highly volatile global economy, it's our view at ETFdesk.com the recent run-up in stocks is unwarranted and presents an overly optimistic view of the months ahead. We believe investors should consider taking short term profits or use the recent run to reduce equity exposure they are weary of. We also believe investment grade debt (NYSEArca: LQD - News) represents an opportunity for investors seeking beaten down prices without the downside volatility of equities…’ The Great Geithner Coverup Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall Short Goldman Sachs Q1: Pay Up, People Down Dealbreaker Afterdark: Fannie Mae CEO To Head Bailout Nation UBS cuts 8,700 more jobs Let's Keep Big Banks from Ruining America Forever (at Seeking Alpha) China's ICBC now world's largest bank by deposits (at MarketWatch) UBS faces $1.8 billion loss, will cut almost 9,000 more jobs World Economy Falling Faster Than in 1929-1930 The Geithner-Summers Plan is Even Worse Than Thought Author who predicted crisis sees hyperinflation ahead

PREVIOUS (4-13-09), ’ Jim Rogers Says Investors Should Expect More Bottoms BULL S**T STORIES FOISTED AS B.S. TALKING POINT FOR CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR CHURN AND EARN COMMISSIONING: WELLS FARGO RECEIVES $25 BILLION TAXPAYER MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT- GOLDMAN RECEIVED $10 BILLION PLUS UNDISCLOSED FED/ ULTIMATELY TAXPAYER MONEY AND REPORTS QUARTERLY $1.8 BILLION PROFIT - DO THE MATH (FIRST GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS PAY) - AT THAT RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO TAX! WHAT FRAUDS! The Great Geithner Coverup WHAT TOTAL BULL S**T! U.S. Treasury asking banks keep quiet on stress tests New unemployment claims at high 654,000 praised as positive number…riiiiight!…as continuing unemployment claims at record 5.84 million (real numbers even worse). Economy so bad that consumers can’t buy goods so trade deficit shrank but this is a structural defect in u.s. economy so not good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus, consolidation, robbing peter to pay paul, take profits; while economist cite Reich that we’re in depression and government as in land of fruits and nuts out of control. Earnings revised downward for first quarter –36.5%, more weakness, more unemployment, inflation to come on fast says Hogan, and insurance companies now que up at corporate welfare/taxpayer bailout lines. In positing (suckers’) bear market rally and advocating hold cash/sell stocks Hillary Kramer points to the preposterous on wall street where bad news greated as good vis-à-vis stocks (they call what wall street does ‘fraud’…in a rational world where they would already be in jail). Madman Cramer – the ultimate contrarian indicator - CRAMER'S CALL: ANOTHER RALLY TOP INDICATOR Greg Feirman Wow, the bulls are really feeling good. “Wells Fargo Carries The Day” and the S&P and Dow closed at 2 months high and the Nasdaq is near its highs for the year. On Mad Money this evening, Cramer went so far as to call “a turn in the economy”, saying “the facts have changed”, “the situation has clearly improved” and “things are getting better”. This isn’t the first time Cramer has called a bottom and he’s been wrong before (For example, see “Cramer Declares The End Of The Bear Market” , Top Gun FP, July 31, 2008). The market topped out a couple weeks later. On Monday October 6, Cramer went on the today show and told people to sell any stock money they might need in the next five years. The market bottomed that Friday. It could run another couple weeks but this rally is running thin. Methinks me smells a top….. Rational View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial sector, the looming deterioration of commercial real estate, the credit markets tepid backing of the equity rally, and the still very shaky and highly volatile global economy, it's our view at ETFdesk.com the recent run-up in stocks is unwarranted and presents an overly optimistic view of the months ahead. We believe investors should consider taking short term profits or use the recent run to reduce equity exposure they are weary of. We also believe investment grade debt (NYSEArca: LQD - News) represents an opportunity for investors seeking beaten down prices without the downside volatility of equities…’ The Great Geithner Coverup China Slows Purchases of U.S. and Other Bonds Goldman Sachs hires law firm to shut blogger’s site for pointing to truth about the fraud firm e Singapore economy shrinks sharply more than expected WELLS FARGO 'May Need $50 Billion to Pay Feds, Cover Loan Losses'... Reporters threatened with arrest for filming private Federal Reserve building SURGE IN DELINQUENT TAXPAYERS; WASHINGTON VOWS SYMPATHY Warren Buffett's electric car venture; CEO drinks 'battery fluid'... Goldman Sachs mulls dilutive worthless stock sale to repay TARP money with other TARP money: now you know where the fed trillions in part are going: report GOLDMAN SACHS announces $5B public stock offering, reports $1.8B quarterly profit... Bailed-Out Banks Face Probe over Fees: Report You Know Things Are Bad When Even Newsweek Is Slamming the Obama Administration for Caving in to the Financial Status Quo Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall Short World Economy Falling Faster Than in 1929-1930 The Geithner-Summers Plan is Even Worse Than Thought Author who predicted crisis sees hyperinflation ahead

PREVIOUS (4-9-09), suckers’ bear market rally into the close on bad news and bull s**t alone so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! LATE-BREAKING BULL S**T STORY FOISTED AS B.S. TALKING POINT FOR CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR COMMISSIONING: WELLS FARGO RECEIVES $25 BILLION TAXPAYER MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT - DO THE MATH (FIRST GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS PAY) - AT THAT RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT FOR THEM TO TAX! WHAT FRAUDS! WHAT TOTAL BULL S**T! U.S. Treasury asking banks keep quiet on stress tests New unemployment claims at high 654,000 praised as positive number…riiiiight!…as continuing unemployment claims at record 5.84 million (real numbers even worse). Economy so bad that consumers can’t buy goods so trade deficit shrank but this is a structural defect in u.s. economy so not good news and consistent with bad news of still plunging retail sector. Najarian points out that wall street always a circus, consolidation, robbing peter to pay paul, take profits; while economist cite Reich that we’re in depression and government as in land of fruits and nuts out of control. Earnings revised downward for first quarter –36.5%, more weakness, more unemployment, inflation to come on fast says Hogan, and insurance companies now que up at corporate welfare/taxpayer bailout lines. In positing (suckers’) bear market rally and advocating hold cash/sell stocks Hillary Kramer points to the preposterous on wall street where bad news greated as good vis-à-vis stocks (they call what wall street does ‘fraud’…in a rational world where they would already be in jail). Rational View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial sector, the looming deterioration of commercial real estate, the credit markets tepid backing of the equity rally, and the still very shaky and highly volatile global economy, it's our view at ETFdesk.com the recent run-up in stocks is unwarranted and presents an overly optimistic view of the months ahead. We believe investors should consider taking short term profits or use the recent run to reduce equity exposure they are weary of. We also believe investment grade debt (NYSEArca: LQD - News) represents an opportunity for investors seeking beaten down prices without the downside volatility of equities…’ Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall Short World Economy Falling Faster Than in 1929-1930 The Geithner-Summers Plan is Even Worse Than Thought Market bear Roubini sticks to dour forecasts U.S. Treasury asking banks keep quiet on stress tests Boeing warns on Q1 profit, to cut plane output Wall Street sets 5th weekly gain on banks, Boeing off late U.S. Squeezes Auto Creditors (at The Wall Street Journal Online) Nikkei comes off 9,000, as banks hit by SMFG news Obama seeks $83.4 billion more in 2009 war funds Bank of Japan likely to cut economic outlook in next report Author who predicted crisis sees hyperinflation ahead

PREVIOUS (4-8-09), suckers’ bear market rally into the close on worse than expected bad news and bull s**t alone so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! LATE-BREAKING BULL S**T STORY FOR B.S. TALKING POINT FOR CONTINUING FRAUD/SPIKE IN STOCK PRICES FOR COMMISSIONING: WELLS FARGO RECEIVES $25 BILLION TAXPAYER MONEY/BAILOUT FUNDS AND SHOWS (RECORD FOR THEM?) $3 BILLION QUARTERLY PROFIT - DO THE MATH (FIRST GRADE ELEMENTARY SCHOOL KIDS COULD DO AS WELL, AND FOR FAR LESS PAY) - AT THAT RATE, TAXPAYERS WILL SOON HAVE NOTHING LEFT TO TAX! WHAT FRAUDS! WHAT TOTAL BULL S**T! Earnings revised downward for first quarter –36.5%, more weakness, more unemployment, inflation to come on fast says Hogan, and insurance companies now que up at corporate welfare/taxpayer bailout lines. In positing (suckers’) bear market rally and advocating hold cash/sell stocks Hillary Kramer points to the preposterous on wall street where bad news greated as good vis-à-vis stocks (they call what wall street does ‘fraud’…in a rational world where they would already be in jail). Rational View Courtesy of ETF.COM: ‘…Due to our expectations of continued weakness in the financial sector, the looming deterioration of commercial real estate, the credit markets tepid backing of the equity rally, and the still very shaky and highly volatile global economy, it's our view at ETFdesk.com the recent run-up in stocks is unwarranted and presents an overly optimistic view of the months ahead. We believe investors should consider taking short term profits or use the recent run to reduce equity exposure they are weary of. We also believe investment grade debt (NYSEArca: LQD - News) represents an opportunity for investors seeking beaten down prices without the downside volatility of equities…’ Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression Fed sees economy sliding further A Bear in Bull's Clothing: Why This Rally Will Fall Short World Economy Falling Faster Than in 1929-1930 [$$] Little Optimism From FOMC Fed sees no economic recovery until next year and then next year and year after that and next year Moody's strips Berkshire Hathaway of top rating Danger lurks behind banks' results Reality of worsening depression drove Fed action [$$] Morgan Stanley to Post a Loss From Volatile, Complex Bonds (at The Wall Street Journal Online) Bank Earnings Will Be Hit by Consumer Woes (at TheStreet.com) Financial Crisis ‘Far From Over,’ Panel Says A Bear in Bull's Clothing: Why This Rally Will Fall Short The Geithner-Summers Plan is Even Worse Than Thought SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS (4-7-09), Economics Professors: Global Crash Worse Than During First Year of Great Depression TRENDSRESEARCH.COM GERALD CELENTE points out that trillion dollar foreign banks got billions of taxpayer bailout funds and Goldman Sachs ceo’s, former ceo’s, board members were among the only few limited government personnel privy to the bailout cramdown/scheme/fraud and further, that new ‘regulation’ now permits valuation of bank assets at whatever they so choose…disaster and 25% unemployment and hyperinflation around the corner, DEPRESSION-level economic conditions already extent, already in depression. Bernanke’s Failed Financial Rescue Plan Fed chief Ben Bernanke has embarked on a radical and ruinous financial rescue plan. According to Bloomberg News, the Fed has already lent or committed $12.8 trillion trying to stabilize the financial system after the the bursting of Wall Street’s speculative mega-bubble, so still great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Cat found alive after 5 weeks under rubble Fed's Fisher says U.S. economy grim AIG aircraft unit seeks $5 billion Fed credit line: report Sustainable Bull Market Unlikely More Correction on the Way in This Bear Market US Bancorp's Loan Losses Loom (at TheStreet.com) Asia Markets: Asian miners lead regional stock tumble Alex Jones interviewed by RT: U.S. is a puppet of private bankers `TARP panel: Financial Crisis 'Far From Over,' Govt. May Spend More than $4 Trillion...` Cities Collapsing throughout the USA Hundreds of Thousands of Unemployed Run Out of Benefits Larry Summers, Tim Geithner and Wall Street’s ownership of government Estimated U.S. taxpayer cost for bailout jumps Bernanke’s Failed Financial Rescue Plan The G20 moves the world a step closer to a global currency Soros: Dollar WIll Be Replaced By World Currency

PREVIOUS (4-6-09), suckers’ bear market rally into the close to finish off lows on bad news and bull s**t alone (ie., real bad numbers though favorably fudged greeted with reiteration ‘better than expected’, etc…riiiiight!), so still great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Respected banking analyst Mayo brought the lunatic frauds on wall street back to earth predicting bank loan losses will exceed those of the Great Depression. Mayo Says Loan Losses Will Exceed Depression Levels... ‘Despite the absence of positive catalysts in afternoon trading, stocks were able to pare their losses. The stock market had been down as much as 2.3%, but was able to more than cut that loss in half. Financial Stocks Have Run Up Too Hard, Too Fast (at Seeking Alpha) Slow down: We're Not at the Bottom Yet U.S. deficit nearly $1 trillion in first half of FY2009 Americans Feel 15.6% Unemployment as Unemployment Surges SOROS SEES END OF DOLLAR AS WORLD CURRENCY... GM Speeds Up Bankruptcy Preparations... Bernanke ‘Green Shoots’ Signals False Spring Amid Job Losses Bush and Obama Administrations Both Broke Law By Refusing to Close Insolvent Banks Murdoch: Long-Term Economic Situation ‘Dangerous’; Recovery 2-3 Years Away Massive Checkpoint Operation in Tennessee Violated Posse Comitatus, Fourth Amendment Hundreds of Thousands of Unemployed Run Out of Benefits Larry Summers, Tiny Tim Geithner and Wall Street’s ownership of government ‘ Mayo Says Loan Losses Will Exceed Depression Levels... Obama Economic Advisors Linked to Bankers

PREVIOUS (4-3-09), suckers’ bear market rally continues on bad news and bull s**t alone (ie., real bad numbers though favorably fudged greeted with reiteration ‘better than expected’, etc…riiiiight!), so still great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 5.1 million jobs lost, -663,000 in past month, unemployment rate jumps to 8.5% and 15% for underemployed/part time (I’m sure these data understate the far worse reality according to some who say 15% and 20+% respectively), credit card problems/defaults to worsen according to analyst, even service sector down, and providing insult to injury/damage Goldman, et als using taxpayer funds for toxic assets (the real boondoggle is the complicit multi-trillion dollar fraud concerning taxpayer funds to bailout/coverup massive securities law violations/crimes for which prosecution/disgorgement of gains should have already begun). Outrageous and preposterous! U.S. jobless rate hits 25-year high Lawmaker sees Fannie, Freddie bonus "insult" NYC protesters ask US to 'bail out the people' (AP) Soros: Global Depression Ahead Buchanan: We Should Kill the Fed One in 10 Americans gets help to buy food Ex-AIG chief: Bailout will not succeed Unemployment in U.S. Climbed in March to 25-Year High G-20 Shapes New World Order With Wisely Lesser Role for u.s., u.s. Markets -663,000: Unemployment Rate Reaches 25-Year High of 8.5%... 1 in every 10 Americans receive food stamps...

Buchanan: We Should Kill the Fed Patrick J. Buchanan | Hoover did what Obama is doing.

Watchdogs: Treasury won't disclose bank bailout details.(I think it’s obvious they’re covering up the substantial securities fraud, using taxpayer money to do so, as yet there’s not even one prosecution which makes the government complicit, after the fact, in consummating the fraud) ...

PREVIOUS (4-2-09), suckers’ bear market rally based upon decisively bad news (26 Year High as New US jobless claims hit 669,000 in week , except for fake government reports by corrupt scandal-scarred commerce department on manufacturing/index up 1.8% though almost all private forecasts saw decline, etc.), in addition to funny money the frauds on wall street applauded the funny assets courtesy of f.a.s.b. (there are no accounting standards in the u.s.), which makes for wall street style securities fraud as now and in the past (fed also pumped in another $23 billion in last 3 days to fuel same, despite earnings going down and stock prices soaring with stratospherically high p/e ratios). Analyst/fund manager Najarian ‘taking a lot off the table’ (selling), while Analyst/fund manager Farr/Miller who called this bear market rally see’s test of the lows, so if you don’t celebrate All Fools’ Day (you’re not a fool) you’ll continue to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! New US jobless claims hit 669,000 in week WASHPOST: Before Crisis, Geithner Fell Short; He regulated banks... Outstanding Credit Default Swaps Down to “Only” About Twice America’s GDP Layoffs rise despite hope recession is easing (AP) G-20 to give $1 trillion to IMF, World Bank UN chief says crisis could result in failed states Tax dodgers multiply as underground economy cushions job cuts The Wall Street Journal Criticizes Capitol Hill Bonuses (and don’t forget the raises) (at Seeking Alpha) Inflationary Depression Dr. Marc Faber runs his own business, Marc Faber Limited, which acts as an investment advisor and fund manager. He publishes a widely read monthly investment newsletters The Gloom Boom & Doom report which highlights unusual investment opportunities, and is the author of several books including Tomorrow’s Gold – Asia’s Age of Discovery which was first published in 2002 and highlights future investment opportunities around the world.

PREVIOUS (4-1-09), suckers’ bear market rally into the close with 250 point swing to the upside based on decisively bad news and bull s**t alone, viz., better than dismal expectations…I don’t think so! …That dog don’t hunt no more…remember the last market burn and that similar refrain among others, and the ever indecipherable to most, that infamous tech sector will save us (bust)…riiiiight! Oh wait, I get it. April Fools Day, as in ‘fool you once, shame on them, fool you twice, thrice, etc., …shame on you’. How ‘bout all fools day. U.S. private sector axes 742,000 jobs in March March auto sales plunge... U.S. seen facing danger of 2nd recession next year or stated another more realistic way, the depression though flush with ever more worthless weimar dollars providing ephemeral b.s. talking points of happy days are here again will be exacerbated thereby and continue with a vengeance r So, SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

AIG crisis could be the tip of an insurance iceberg U.S. Spending 100% of GDP on Bailouts and Related Programs Watchdogs: Treasury won't disclose bank bailout details.(I think it’s obvious they’re covering up the substantial securities fraud, using taxpayer money to do so, as yet there’s not even one prosecution which makes the government complicit, after the fact, in consummating the fraud) ... U.S. private sector axes 742,000 jobs in March March auto sales plunge... U.S. seen facing danger of 2nd recession next year or stated another more realistic way, the depression though flush with ever more worthless weimar dollars providing ephemeral b.s. talking points of happy days are here again will be exacerbated thereby and continue with a vengeance r Financial Rescue Nears GDP as Pledges Top $12.8 Trillion U.S. auto sales plunge, but bottom not yet near "Hurt, Frightened and Very Angry:" Risk of Social Unrest Rising, Says FT's Martin Wolf [$$] Accounting Rules Should Avoid Impairment (at The Wall Street Journal Online) Nightmare on Wall Street Destination Collapse Foreclosure Crisis Hits Warp Speed: 6 Million Families Face Losing Their Homes in the Next Three Years

PREVIOUS (3-31-09), suckers’ bear market rally continues to keep suckers suckered and commission dollars flowing by window-dressing this past month (and quarter) with gains based on bad news and hence bull s**t alone so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Global Meltdown, Part III $$] It's Only Window-Dressing Why This Is Just Another Bear Market Rally All news decisively negative with prospectively negative implications as the jawboners/frauds talk up that ever elusive bottom for stocks/real estate despite reality indicating otherwise [have you noticed the wide divergence of private reports (though somewhat skewed to the upside because of flawed/fake data they must rely upon from the government) as opposed to false government reports]. Confidence near historically record lows and Case/Shiller index showing declining real estate values (-19.4%) Home Prices in 20 U.S. Cities Fell by a Record 19% with declines at highest rate on record Global Meltdown, Part III $$] It's Only Window-Dressing Why This Is Just Another Bear Market Rally An Autopsy of the Glass-Steagall Act U.S. Spending 100% of GDP on Bailouts and Related Programs TARP Watchdog: “We Do Not Seem To Be A Priority For The Treasury Department” NEWS BROKE: SUN-TIMES Files For Bankruptcy, Both Major Chicago Dailies Now In Chapter 11... Ontario, CA, Tent City Residents Required to Wear Wristbands Government website now offers ’suicide warning signs’ for victims of recession .

PREVIOUS (3-30-09), Art Hogan recently summed up choosing stocks in this environment thusly: ‘pick the best-looking horse at the glue factory’…..I think he was as a courtesy to his industry overly generous. The administration pitches hardballs to the auto industry while continuing to pitch powder puffs to the wall street frauds who have perpetrated the largest (securities) fraud in recorded history, turning a cyclical downturn into what is now unavoidably depression, putting beleagered taxpayers in the unfathomable position of funders/guarantors of the scam/fraud in bailing out the perpetrators of the crimes (bush’s infamous base) who have financially benefited enormously (fees, commissions, spreads, points, salaries, expenses, bonuses, etc.) from their fraud/crimes. Still not even one prosecution from this administration even though disgorgement, the legal remedy among other criminal penalties, would aid the defacto bankrupt u.s. treasury! Obama's tough auto stance may include bankruptcy Wall Street hits the brakes on autos, bank woes Workers say Obama treated autos worse than Wall St (AP) UBS shares fall as writedowns, job cuts expected (AP) Obama puts GM, Chrysler on short leash Stocks fall as automaker plans are rejected Russia backs return to Gold Standard to solve financial crisis Looting by U.S. Government at All-Time Highs White House to let Chrysler fail US Banks Operate Without Reserve Requirements GM, Peugeot CEOs forced out as auto woes deepen Geithner won't say if more bailout money needed AIG delays funds to some real-estate ventures: report Asian stocks tumble on auto, bank concerns (AP) UBS shares fall as more writedowns, job cuts seen (Reuters) GM, Chrysler have no 'viable' plans: US task force Pension insurer shifted to stocks to froth the fraudulent market Boston Globe | Just months before the start of last year’s stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks to froth the frudulent market at behest of frauds on wall street.

PREVIOUS (3-27-09), very modest losses relative to reality so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Sugar coated though still bad numbers, usual suspects/concerns cited, ie., bankruptcies on rise, omni 22nd bank to fail this year, printing hyperinflationary funny money like mad, etc. (don’t forget, as now, in 2008 they predicted improvement in second half and no recession though we now know we were already in recession and now depression). Nobel Laureate Dr. Joseph Stiglitz Says “The Geithner Plan Amounts To Robbery Of The American People” Ninth Georgia bank collapses (at Atlanta Journal Constitution - 22nd this year) Economy shrinks most in 25 years; Unemployment continues climb Roubini Says Stocks Will Drop, Government Will Nationalize More Banks... Ron Paul Predicts 15-year Depression The Credit Bust Is Not Almost Over (at Seeking Alpha) Top bank regulator placed on leave pending review (AP) PAPER: Rahm Emanuel's Short FREDDIE MAC stay made him $320,000+... On PPIP and Geithner's Latest Power Grab (Linkfest) (at Seeking Alpha) Will SDRs Become World’s Reserve Currency? UN PANEL TOUTS NEW GLOBAL CURRENCY... Rep. to Geithner: Your Plan Is 'Radical'... The Bubble That Must Burst

PREVIOUS (3-26-09), all news decisively bad, viz., continuing unemployment claims at new record high 5.56 million, new unemployment claims at very bad 653,000, economic contraction a worse than previously reported –6.3%, corporate profits down and at worst levels in decades, J.D. Power and Associates reports auto sales decline of a whopping –40%, Economy shrinks most in 25 years; Unemployment continues climb Roubini Says Stocks Will Drop, Government Will Nationalize More Banks... Ron Paul Predicts 15-year Depression , yet suckers’ bear market rally to keep those suckers suckered so take this folly as a great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! The Credit Bust Is Not Almost Over (at Seeking Alpha) Top bank regulator placed on leave pending review (AP) PAPER: Rahm Emanuel's Short FREDDIE MAC stay made him $320,000+... On PPIP and Geithner's Latest Power Grab (Linkfest) (at Seeking Alpha) Will SDRs Become World’s Reserve Currency? UN PANEL TOUTS NEW GLOBAL CURRENCY... Rep. to Geithner: Your Plan Is 'Radical'... The Bubble That Must Burst

PREVIOUS (3-25-09), The corrupt, scandal-scarred commerce department notorious for institutionalized lying comes out with numbers three times/300% better than private forecasts for now into the third week in a row for such very forecastable data as used home sales, new home sales, and durable goods (mostly government/military with funny at that) in an attempt to froth that font of fraud called the american stock market/wall street which is how this financial/economic crisis came to be, with the parasitic churn-and-earn commisioning on the way up (and then down) based on bull s**t alone. Still not one prosecution of that huge collateralized securities fraud for which disgorgement would constitute substantial contribution to treasury as opposed to the just announced diversion to small potatoes (like madoff, which should be pursued but not a priority to the multi-trillion dollar collateralized securities fraud, etc.), viz., the sub-prime mortgage origination fraud (encouraged by actions of fed and government), etc.. With 80% debt-to-GDP ratio, the u.s. is now the leader of banana republic nations. Nobel Laureate Dr. Joseph Stiglitz Says “The Geithner Plan Amounts To Robbery Of The American People” IBM to cut 5,000 jobs in U.S. Wall St. rallies late as data offsets bond sale gloom [$$] Government-Debt Auctions Disappoint as Demand Subsides (at The Wall Street Journal Online) Asian Shares Mostly Lower, Mkts Overcooked; Nikkei Down 0.7% CDS ‘Godfather’ Says Blow ‘Em All Up’ Obama Denounces Global Currency While Creating The Very Means For Its Introduction Code Pink and Barney’s Bailout Circus One Small Problem With Geithner’s Plan: It Will Bankrupt The Banks White House to Hunt for New Tax Revenues Bank Of England warns Gordon Brown to stop the spending U.K. Bond Auction Fails for First Time Since 2002 Obama’s Economic Plan a “Road to Hell” Associated Press | The president of the European Union on Wednesday slammed U.S. plans to spend its way out of recession as “a road to hell.”

PREVIOUS (3-24-09): Modest losses relative to an increasingly grim reality so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

ETF Death Watch: Why Are Funds Closing? The financial crisis isn’t just shrinking portfolios and profits. It’s also putting exchange-traded funds and notes out of business. According to State Street, 58 exchange-traded products closed last year and another 30 or so from companies like SPA, Credit Suisse and Northern Trust have stopped trading the last three months. With more on the way, the liquidation process is shaping up to be a prominent trend for investors to watch in 2009.
Geithner Plan Will Rob US Taxpayers: Stiglitz The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday.
Geithner Grilled on Goldman Sachs Connections David Edwards | Geithner told Waters that Goldman Sachs could help manage the new program to help banks remove toxic assets from their books. Haven’t goldman and goldman people done enough damage? Their abilities and competence are vastly overrated and overstated. Be Gentle with the Bankers? No, Indict Them for Fraud/High Treason

U.S. woos investors to buy toxic assets Falling Japan land prices stir deflation worries China Telecom's annual profit plunges 96% on write-down Japan automakers' sales tumble in February China Urges New Money Reserve to Replace Dollar The Fed Did Indeed Cause the Housing Bubble China Voices Support For New Global Currency To Replace Dollar

US unveils public-private plan for toxic assets

Donating for dollars? Many bailed-out banks still contributing to campaign funds The federal bank bailouts may be giving new meaning to the term “kickback.” JPMorgan Chase To Spend Millions on New Jets and Luxury Airport Hangar YouTube Caught Censoring Obama Deception Video The Fed Did Indeed Cause the Housing Bubble

What the Pros Say: US Is Now ‘Bankrupt’ US Federal Reserve announces massive increase in government debt U.S. Budget Office offers darker economic and deficit outlook [$$] Market Overbought and Overbelieved Auditors project deeper deficits for Obama budget Rothschild: Economic crisis will leave governments with “enormous public debt” The Fed Did It, and Greenspan Should Admit It

Launching Lifeboats Before the Ship Sinks Paul Craig Roberts | If the US government is forced to print money to cover the high costs of its wars and bailouts, things could fall apart very quickly.

US Federal Reserve announces massive increase in government debt Barry Grey | The essence of all of the measures taken in response to the crisis is an effort to rescue the system and protect the wealth and power of the financial elite at the expense of the broad masses of the population.

Tax Time Covert Ops Catherine Austin Fitts | Hate. Divide and conquer. It’s a business. The media is pushing it. The people directing it are the same people who brought you the AIG bonuses.

PREVIOUS (3-23-09): So preposterous was today’s Pavlov dogs rally [conditioning to associate what’s good for fraudulent wall street, viz., privatizing profits – still not one prosecution for what now is the largest fraud/scam/swindle in the history of this planet – and socializing the losses, is somehow positive for america/the economy by the magnitude of this suckers’ bear market rally and prior market manipulations] when the same created the instant crisis in the first instance (don’t worry about the frauds on wall street, they’ll get their commissions again on the way down as they did in creating this financial debacle/fraud as they clamor for more taxpayer/treasury money). They’re still printing/creating those worthless Weimar dollars like mad, China Urges New Money Reserve to Replace Dollar ,don’t know what they’re doing, are clueless, and disingenuously seek to divert attention from the missing/stolen/bilked $14 trillion of taxpayer money with the subterfuge of outrage over the relatively miniscule though not unimportant million dollar bonuses (AIG, etc.), so-called fixes/plans, etc., so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! What the Pros Say: US Is Now ‘Bankrupt’ US is Already Bankrupt: Analyst U.S. Budget Office offers darker economic and deficit outlook The Geithner-Summers-Bernanke Plan to Prop Up Asset Prices Has Failed U.N. panel says world should ditch dollar

We’re skeptical largely because the rally this month has drawn power primarily from a new round of hope that Washington’s various experiments to right the economy will finally hit pay dirt. Perhaps, but it’s not the stuff that powers sustainable rallies, much less secular bull markets.

I’M A SELLER OF THIS RALLY AT THIS POINT…..

PREVIOUS (3-20-09), Modest losses relative to reality and their printing those worthless Weimar dollars like mad, don’t know what they’re doing, are clueless, and disingenuously seek to divert attention from the missing/stolen/bilked $14 trillion of taxpayer money with the subterfuge of outrage over the relatively miniscule though not unimportant million dollar bonuses (AIG, etc.) so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! What the Pros Say: US Is Now ‘Bankrupt’ US is Already Bankrupt: Analyst U.S. Budget Office offers darker economic and deficit outlook The Geithner-Summers-Bernanke Plan to Prop Up Asset Prices Has Failed U.N. panel says world should ditch dollar

PREVIOUS (3-19-09), ‘…Economic news remains uninspiring. Weekly initial claims dipped 12,000 to 646,000, which was better than the consensus estimate of 655,000. Continuing claims hit another record high, though, jumping to 5.47 million from 5.29 million. Leading indicators for February showed a 0.4% decline, which wasn't as bad as the 0.6% decline that was expected… Energy stocks (+1.4%) and materials stocks (+1.4%) were helped by stronger commodity prices. The CRB Commodity Index climbed more than 5% in this year's largest single-session advance by percent. Crude oil futures prices gained 6.5% to close pit trading at $51.25 per barrel, while gold prices advanced 7.8% to close at $958.50 per ounce. Underpinning the strength in commodity prices was a considerably weaker U.S. dollar. According to the Dollar Index, the greenback sank 1.7% this session, and more than 4% during the last two sessions. The dollar's weakness follows the Fed's latest policy directive…’

US is Already Bankrupt: Analyst The Geithner-Summers-Bernanke Plan to Prop Up Asset Prices Has Failed U.N. panel says world should ditch dollar Corporate Media Disses Gold Citigroup May Spend $10 Million for Executive Suite It’s Not Just AIG: Fannie Plans Exec Bonuses Gold Re-Couples with Euro, “Dollar Getting Destroyed” House passes tax to recoup most of AIG bonuses ($200 million); what about the $14 trillion in fraudulent bailouts and the missing $4 trillion at the New York fed… s Bank of America involved in Merrill Q4 writedowns: report Put/Call Ratio Indicates Overbought Market Condition SUPER PUMP: $1 TRILLION CREATED OUT OF THIN AIR... Oil Nears $52; Hits high for 2009...

PREVIOUS (3-18-09), absolute desperation by the fed as fed in panic mode buys bonds with even more fake money (ultimately you pay). Shot in the dark, they unequivocally do not know what they’re doing; don’t have even the slightest clue. Some well deserved guilt as greenspan, bernanke, paulson, geithner, etc., are authors of this debacle with compliant politics as usual facilitating same (wall street/hedge fund gamblers shouldn’t be bailed out, etc.), but the divergence of so-called opinion from stagflation to applauding same in light of fraudulent stock market up-tick (isn’t that how we got here, to this financial/economic disaster).

Depression Unrest Turmoil Instability Riots all coming and SOON As depression deepens, more americans go fishing (Reuters) It’s Not Just AIG: Fannie Plans Exec Bonuses Stimulus plan: Spend now, details later (promise) Dollar Plunges After Fed Announcement Senate quietly stripped measure restricting bonuses from bailout legislation Hedge funds could reap billions from AIG which should not reward soured bets/gambles with taxpayer funds as now slated. Citi, Morgan Stanley Looking to Issue More Diluting Shares for Bonus Payments (at Seeking Alpha) Editorials: Rewards instead of punishments

PREVIOUS (3-17-09), all private forecasts of the very forecastable housing starts defied the false report of the corrupt, scandal-scarred commerce department (remember the fake reports that spurred recent ralleys which ultimately burned the buyers) spurred suckers’ bear market ralley so great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

Dent, Napier, and Prechter - Wise to Heed Their Predictions Is Mistrust in Wall Street Pointing to New Lows? RECORD: NATIONAL DEBT HITS $11 TRILLION... The Size of Derivatives Bubble = $190K Per Person on Planet Washington knew AIG was preparing to pay bonuses (AP) U.S. to claw back AIG bonuses, lawmakers eye tax House committee scrutinizes Merrill bonuses Bad year or good, fraud or just preparing for fraud with wall street, AIG employees got big bonuses (AP) Paulson Was Behind Bailout Martial Law Threat Fed Hides Destination Of $2 Trillion In Bailout Money World Bank cuts China GDP estimate again, to 6.5% Obama Confronts “Populist Anger” Over Bankster Giveaways IMF poised to print billions of dollars Jim Rogers Expects Civil Unrest in the US and all around the World

PREVIOUS 3-16-09, Very modest losses relative to reality so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! ‘…February industrial production declined 1.4%, which is essentially in-line with the consensus 1.3% decline. Capacity utilization dipped to 70.9% from 71.9%, as generally expected. The February report continues to reflect a weak demand environment that will ultimately drag on GDP...’’… The nation's industrial output fell for the fourth straight month in February, with factories operating at their lowest level in six decades of record keeping. Analysts forecast more production cuts to come as companies are battered by recessions at home and abroad. The Federal Reserve reported Monday that industrial output dropped by 1.4 percent last month, slightly larger than the 1.2 percent decline economists had expected. The weakness included a 0.7 percent fall in manufacturing output, which pushed the operating rate at the nation's factories down to 67.4 percent of capacity last month, the lowest level on records that go back to 1948…’

Treasury to rework AIG aid to recoup bonuses AIG massive payments to banks stoke bailout rage Hearst prints final Seattle PI Hearst hopes Web-only Seattle P-I will turn profit AIG Bonuses Add to Reality of Public Revolt against Wall Street, Federal Reserve Bracing for a Bailout Backlash Dollar Crisis In The Making Think recession’s bad? Try a cataclysm! Insurance giant AIG to pay $165 million in bonuses (AP) AP - American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars. AIG plans to disclose CDS counterparties: source Chrysler faces July cash crunch even with more aid Accounting Rule Changes Creating False Rally in Financials (at Seeking Alpha) Cash-hungry U.S. states turn to Web to auction goods Bernanke: recession could end in '09 and if his grandmother had wheels she could be a trolley car and as he previously said we could avoid recession though we were already in one which is now a depression with worse yet to come and most assuredly will not end in 2009 except in the b.s. talking points in their dreams (AP) Millions in AIG bonuses draw chorus of outrage (AP) AIG payments to banks stoke bailout rage White House says economy is sound despite 'mess’ or stated another way, a sound mess…..riiiiight!'

AIG Bonuses Add to Reality of Public Revolt against Wall Street, Federal Reserve Mike Adams | People will be marching in the streets, demanding the arrest of all the rich executives and corrupt bureaucrats who took part in this massive financial theft.

PREVIOUS 3-13-09, Suckers’ bear market rally ( Citigroup Inspired Bear Market Suckers’ Rally ) to keep the suckers suckered and commission dollars flowing to the frauds on wall street Regulator: Before Banks Collapsed, They Pleaded With Feds To Let Them Fudge Their Books Ryan Grim | Before financial institutions collapsed, they went to the Financial Accounting Standards Board, pleading for a change in mark-to-market accounting rules so that they can continue to appear to be solvent on their balance sheets and hence, continue to defraud the public as they are now once again trying to do. Unemployment in 7 States Has Exceeded 20% in February China Debates If It Should Continue to Foolish Buy Evermore Worthless U.S. Treasuries America faces new Depression misery as financial crisis worsens Tent Cities, Unemployment, Homelessness Growing Dmitry Orlov: “America will collapse” Warren Buffett's BERKSHIRE HATHAWAY stripped of its 'AAA' credit rating... THE INFLUENCE/BRIBE/PROTECTION RACKET: New record for number of PACs

PREVIOUS (3-12-09), the waning full moon still compounding the frivolity of the criminally insane; particularly the lunatic frauds on wall street, and truth be told, the lunatics who follow in lock-step behind them. Suckers’ bear market rally ( Citigroup Inspired Bear Market Suckers’ Rally ) to keep the suckers suckered and commission dollars flowing to the frauds on wall street so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! There are no bulls or bears on fraudulent wall street, just ostriches. One senile land of fruits and nuts analyst/ broker / master planner of the lost angeles failed paradigm quips with glee: it’s impressive to see the market ignore so much bad news and rally…riiiiight! Ron Paul, A Rare Voice of Reason on Capital Hill: Culprits Of Financial Collapse Should Be Arrested, Prosecuted, and Disgorgement Of Fraudulent Gains Would Inure to the Benefit of the Technically/Defacto Insolvent/Bankrupt u.s. Treasury in the Multi-Trillions as Recovered (Their greed and fraud has further bankrupted this country and damaged other nations and recoupment of their fraudulent gains must be required as the law already provides since taxpayers are bearing the brunt of government inaction. What they did is not ok. They must pay. This is not difficult to grasp and must be done or there is no hope prospectively for america since all will know of this government fostered/complicit fraud). ‘…Better-than-expected (but typically fake as per scandal scarred commerce department) retail sales data suggested consumers haven't completely rolled over. February retail sales declined just 0.1%, which is better than the 0.5% decline that was expected. Excluding autos, retail sales increased 0.7%. A decline of 0.1% was expected. Meanwhile, January total sales and sales less autos were revised to show an even larger increase. The upbeat retail sales data comes in the face of ongoing consumer headwinds, such as mounting job losses. Weekly initial claims climbed 9,000 to 654,000, which was worse than expected. Continuing claims jumped nearly 200,000 to 5.32 million, which was also worse than expected (new record). In other economic news, February business inventories declined 1.1%, which is essentially in-line with the consensus estimate...’
’…This week's rally got an extra dose of adrenaline after an accounting board told Congress Thursday it may recommend (more fraud as we’re currently experiencing by way of ) a let-up in financial reporting rules for troubled banks in three weeks… Fed reports record fall in household net worth WASHINGTON (AP) -- The net worth of American households fell by the largest amount in more than a half-century of record keeping during the fourth quarter of last year…The Federal Reserve said Thursday that household net worth dropped by a record 9 percent from the level in the third quarter. The decline was the sixth straight quarterly drop in net worth and underscored the battering that U.S. families are undergoing in the midst of a steep recession with unemployment surging and the value of their homes and investments plunging. Net worth represents total assets such as homes and checking accounts minus liabilities like mortgages and credit card debt. Jobless claims rise as retail sales slip WASHINGTON (AP) -- With layoffs spreading, the number of initial claims for jobless benefits rose last week, while the total number of people continuing to receive benefits set a record high, the government said Thursday. The Labor Department reported that first-time requests for unemployment insurance rose to 654,000 from the previous week's upwardly revised figure of 645,000, above analysts' expectations. The number of people receiving benefits for more than a week increased by 193,000 to 5.3 million, the most on records dating back to 1967. That's the sixth time in the past seven weeks that the jobless claims rolls have set a record high…’

Ron Paul, A Rare Voice of Reason on Capital Hill: Culprits Of Financial Collapse Should Be Arrested, Prosecuted, and Forced Disgorgement Of Fraudulent Gains Would Inure to the Benefit of the Technically/Defacto Insolvent/Bankrupt u.s. Treasury in the Multi-Trillions as Recovered - Compared to them, madoff was a mere piker Citigroup Inspired Bear Market Suckers’ Rally Unemployment in 7 States May Have Exceeded 20% in February 45 percent of world’s wealth destroyed: Blackstone CEO Madoff jailed after pleading guilty to $50-65 billion fraud and telling court: ‘I am deeply sorry and ashamed of my crimes’ Newmont CEO sees gold in range of $1,200 House prices to drop another 55% and leave Britain bankrupt Madoff sent to jail as furious victims applaud (AP) Madoff pleads guilty, is jailed for $65 billion fraud Don't Sweat Hypernflation Just Yet: Deflation/Depression "In the Cards" for 2009 and Beyond, Shilling Says More on Roubini and Shiller's Dour Outlook Pelosi dodges chance to end automatic pay raises Ron Paul: Culprits Of Financial Collapse Should Be Arrested SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS (3-11-09), Analyst chatter: Not through the worst of it, the worst (of depression) still ahead, investing in this market is like trying to catch a falling knife. Foreclosures up and spreading as unemployment also rises and will continue to rise. Freddy lost another $50 billion and wants another $31 billion, while Fanny lost another $60 billion and wants another $15 billion. Hillary Kramer says trading only, in-and-out, so if you can’t, don’t jump into market to try and catch the falling knife. Dividend cuts for 2009 have already surpassed that for all of 2008 at $46.8 billion.

53% of Americans (and Senator Specter) Think the U.S. Depression is Like the 1930’s This is a Depression! For Markets, What they call it does Not Matter Billionaire Stanford to take the 5th in fraud case (AP) Madoff mysteries remain as he nears guilty plea Merrill misled Congress on bonuses o Freddie Mac seeks $30.8B in US aid after 4Q loss Earnings Growth Estimates: The Bad, the Bad and the Ugly Japan's economy shrinks an annualized 12.1% in the fourth quarter Dell Cuts Staff Worldwide Last year REITs lost 38% - that's a bit worse than the S&P 500 Credit card delinquencies hit index record Thousands Line Up at Indiana Mall for Food Handouts The Fed Has Destroyed Your Retirement SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS (3-10-09), yes, indeed, a rally with power of a speeding locomotive based on….. b.s. talk point with early release of CITI showing a profit [not counting more writedowns, bad/worthless assets(loans)/securities, expenses, etc.] of $8 billion with receipt of $45 billion (plus loans/guarantees/investments in excess of $100 billion) taxpayer bailout … WOW!…at this rate the treasury will deplete even faster than originally projected. But the math is so simple that elementary school kids with a handle on third grade arithmetic can accomplish the same and hence, can and should replace top management at a much lower price and without delay. ‘…bernanke says regulatory overhaul needed…WASHINGTON (AP) -- The nation's financial rule book must be rewritten to prevent a repeat of the global economic crisis now gripping the United States and other countries, Federal Reserve Chairman Ben Bernanke said Tuesday…Bernanke offered new details on how to bolster mutual funds and a program that insures bank deposits. He also stressed the need for regulators to make sure financial companies have a sufficient capital cushion against potential losses…The Fed chief's remarks come as the Obama administration and Congress are crafting their overhaul strategies. For the administration, critical work will be carried out among global finance officials this weekend in London ahead of next month's meeting of leaders from the world's 20 major economic powers…Madoff's lawyer says client will plead guilty …NEW YORK (AP) -- In a courtroom surprise, it was revealed Tuesday that Bernard Madoff will plead guilty Thursday to securities fraud, perjury and other crimes, knowing that he could face up to 150 years in prison for one of the largest frauds in history…’ ‘…All three major indices registered fresh multiyear closing lows in the prior session, but came rallying back this session to log their best single-session performance by percent in months. The rebound came after Citigroup issued an encouraging update and reports indicated the uptick rule may be reinstated… Rep. Frank stated mark-to-market accounting rules must be improved, but Senator Shelby says any mark-to-market accounting changes should be made by the SEC. The SEC stated it will not seek to suspend such rules (since such would make valuations a fraud)... The stock market's advance was further helped by short-covering. Still, trading volume on the NYSE climbed above 2 billion shares…’

Cost to buy protection against U.S. government default surges Good News! Economist Sees GDP Down 7% in Q1 and 9.25% Unemployment in 2010 Madoff faces life in prison on 11 criminal charges Citi's fake profit view, uptick talk drive big rally Roubini: Depression Could Last beyond 36 Months; Dow at 5000... United Tech to cut 11,600 jobs Why Commodities Prices May Rise, Even In Deflation IMF warns of Great Depression, All Nations at risk Oil at $50 Looms as OPEC Plans Cut, Keeps to Quota 53% Say It’s Likely the U.S. Will Enter a Depression Similar to 1930’s even though we’re already in one worse than the 1930’s Washington plans for big bank failure SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

PREVIOUS (3-9-09), …‘Despite a rebound by financial stocks and a batch of merger news, the stock market was unable to put together a sustainable advance. Stocks finished with a broad-based loss, a bit above session lows. Uncertainty in foreign indices fueled early losses in the headline indices. Financials were the focal point of the weakness, falling to a loss of 2.2%. The drop was short-lived, though. Financials rallied to a gain of 5.3%, but finished with a gain of 2.5%’… …’ Wall Street fell more than 1 percent Monday as uneasiness about the economy eclipsed a bounce in troubled financial stocks and news of a big drug company merger. Stocks rose in the early going but turned lower in a now familiar pattern where short-lived bursts of optimism give way to concerns about the country's economic woes’ (in the real world they call that mental illness, lunacy –note the full moon, manic depression/bipolar disorder, etc., or just plain fraudulent wall street )’
World Bank offers dire forecast for world economy Depression Dynamic Ensues as Markets Revisit 1930s Global Financial Assets Lost $50 Trillion Last Year SEC says money manager invented big accounts Who got AIG's bailout billions? ‘The collapse of America is unavoidable’ Regulators seize seventh bank in Georgia... Kerry: 'Animal House' Party Days Are Over for u.s. government... Bank stocks rally despite their insolvency (AP) Too big to fail? 5 biggest banks are 'dead men walking' (McClatchy Newspapers) [video] Next Dead Dividend (at TheStreet.com) Oil at $50 Looms as OPEC Plans Cut, Keeps to Quota Too Big Has Failed: KC Fed Prez Says We Need Temporary Nationalization (at Seeking Alpha) World Bank says global economy will shrink in 2009 (AP) Recession on track to be longest in postwar period (AP) Cash In A Mattress? No, Gold In The Closet Paulson Was Behind Bailout Martial Law Threat Fed Hides Destination Of $2 Trillion In Bailout Money

PREVIOUS (3-6-09), fudged in a manner most favorable to the frauds (we past these unemployment percentages quite some time ago and they were much worse then and still worse now, etc.), the news remains bleak and reality says even bleaker. Any economist who in discussing this depression mindlessly compares this Greatest Depression to any other contraction without pointing out crucial negative distinguishing characteristics; viz., insurmountable debt, increasingly worthless (Weimar) currency, irrevocable and unrelenting trade/budget deficits, global antipathy (stemming from illegal wars, war crimes, massive securities fraud, etc.), lack of significant manufacturing base, pervasive corruption/theft /plundering/incompetence, etc., cannot be considered a serious economist (just a joker who probably missed the call on recession/depression, etc.). …’Huge layoffs push joblessness toward double digits WASHINGTON (AP) -- Tolling grimly higher, the recession snatched more than 650,000 Americans' jobs for a record third straight month in February as unemployment climbed to a quarter-century peak of 8.1 percent and surged toward even more wrenching double digits.The human carnage from the recession, well into its second year, now stands at 4.4 million lost jobs. Some 12.5 million people are searching for work -- more than the population of the entire state of Pennsylvania. No one seems immune: The jobless rate for college graduates has hit its highest point on record, just like the rate for people lacking high school diplomas… GM shares reach 75-year low amid bankruptcy talk…’ The broader market turned in a modest gain, thanks to a late rally effort that overcame steep losses. Initial gains were broad-based as participants began buying in the wake of the February jobs report, which indicated nonfarm payrolls fell 651,000, in-line with expectations, and unemployment climbed more than expected to a 25-year high of 8.1%. Stocks were up as much as 2.4% in what resembled past trends that saw stocks sell off leading up to the monthly jobs report, but then rally in its wake as traders "bought the bad news."

Madoff expected to plead guilty to fraud charges How to Spot a Ponzi Con Artist? Follow the Yachts (Time.com) U.S. jobless rate hits 25-year high Goldman, others get AIG payouts: report US Bancorp CEO got pay package valued at $6.8M (AP) Huge layoffs push joblessness toward double digits AP source: Madoff guilty plea expected next week Stocks facing uphill battle; budget, retail sales loom $11 Trillion Wipeout: Wall Street's Year-and-a-Half of Dangerous Living Economy in 'Free-Fall': Unemployment Rate Surges to 8.1%, Highest in 25 Years GM shares reach 75-year low amid bankruptcy talk (AP) Fox Admits To Planting Political Brainwashing In Popular TV Shows Pelosi Backs Senate Facist Amendment to Censor Talk Radio Senate to Give FDIC up to $500 Billion Senator Bernie Sanders Slams Fed Boss Ben Bernanke Bailout Money - Instead of Being Used to Stabilize the Economy or Even the Bailed-Out Companies - is Just Going to Line the Pockets of the Wealthy Taxpayers Furious With Budget Cuts Take Frustration To Streets Of NYC AIG “Was Going to Bring Down Europe”: Lawmaker

PREVIOUS (3-5-09), Analyst/Economist Chatter: funny money (they’re printing worthless Weimar dollars like mad) and now they’re thinking funny assets (suspending reality based mark-to-market in favor of the failed fraudulent whatever they want so they can foist/spin/defraud which got us to this debacle); more bank takeovers; GM burning cash, bankruptcy probable; Merrill bonuses for jobs poorly done (my direct experience with Merril Lynch brokers was their total incompetence); higher taxes, higher inflation, $3 trillion new u.s. debt, dollar devaluation; more bank takeovers and far worse unemployment. “Few economists expect a turnaround in the battered labor market anytime soon with companies laying off thousands of workers weekly…Still, initial requests for unemployment benefits fell to 639,000 from the previous week's figure of 670,000, the Labor Department (fake number) said Thursday. Analysts expected a smaller drop to 650,000…Retailers report sales declines in February…GM concedes in the report filed Thursday that it's on the edge of bankruptcy and won't be able to avoid it unless it gets more government money and successfully executes a huge restructuring plan…Mortgage woes break records again in 4Q. NEW YORK (AP) -- A stunning 48 percent of the nation's homeowners who have a subprime, adjustable-rate mortgage are behind on their payments or in foreclosure, and the rate for homeowners with all mortgage types hit a new record, new data Thursday showed…” “The stock market logged new multiyear lows during the session, and closed at its worst level since the fourth quarter of 1996. Roughly 95% of the companies in the S&P 500 finished with a loss...Though losses were broad-based, financials were dealt the worst blow. The sector fell 9.9% with particular weakness among diversified banks (-16.5%) and other diversified financial services companies (-13.2%). Moody's announced it is reviewing the credit ratings of Bank of America (BAC 3.17, -0.42) and Wells Fargo (WFC 8.12, -1.54) for possible downgrade. Moody's lowered its outlook for JPMorgan Chase (JPM 16.60, -2.70) to negative from stable. Sellers pushed both WFC and JPM shares to new multiyear lows…Fourth quarter nonfarm productivity declined 0.4%, though it was expected to increase 1.2% after the prior reading showed a 3.2% increase. The lower reading was a result of lower economic output in the fourth quarter. Meanwhile, fourth quarter unit labor costs increased 5.7%. Economists expected a 3.8% increase. Factory orders for January fell 1.9% (fake number), which is a less severe drop than the 3.5% decline that was widely expected. The drop in factory orders reflects the retrenchment by businesses in the wake of softer spending…” Now As The Much Greater Depression Progresses Dow and S&P hit 12-year lows Bernanke Arrogantly Refuses To Disclose Which Banks Took Money Treasury secretary's choice for deputy withdraws (only little people pay taxes so take this job and shove it says tiny tim deputy designate) (AP) 22 Georgia legislators fail to pay income taxes... GM auditors raise doubt on viability One in 8 U.S. homeowners late paying or in foreclosure Citigroup stock falls below $1 a share (AP) $$] SVG Swings to a Loss on Markdowns Hits (at The Wall Street Journal Online) Why the Fed's TALF Is Bad for America Mortgage woes break records again in 4Q (AP) Stocks Fall Below 7,000 Again Fed Refuses to Release Bank Data, Insists on Secrecy

PREVIOUS (3-4-09), all news decisively worse than expected, fed beige book outlook grim, economist outlook for recovery bleak. Celente: U.S. Has Entered “The Greatest Depression” The spin: china bailout (the frauds on wall street spinning/foolishly banking on china buying more worthless u.s. paper – their domestic needs are substantial and they’re increasing military spending by 15% as well) and high oil price suckers’ bear market/short-covering rally to again keep suckers sucked in for their commissions sake. The great red hope! How preposterous! Who would have thunk it! ‘…strong gains overseas provided an excuse for buyers to enter the fold and short-sellers to cover their positions. Foreign indices upended their own losing streak after China announced it will add approximately $586 billion to the fiscal spending plan it announced late last year… According to the Fed's Beige Book, the Fed does not expect a significant economic recovery until late 2009 or early 2010 at best (remember, they also said no recession and now we’re in a depression). Meanwhile, the ISM Services Index for February dipped to 41.6% from 42.9%, indicating continued contraction for the services sector. The consensus estimate was pegged at 41.0%. Investors and economists got a glimpse of what may be lurking in the government's February nonfarm payroll report, which is due at the end of the week. According to the latest ADP Employment Report, 697,000 jobs were lost in February. The consensus estimate called for 630,000 job losses…’ ‘…fed survey: economy deteriorated in Jan., Feb. . After a dismal start to 2009, business people see more pain ahead, expecting no improvement in economic conditions till late this year at the earliest. Their pessimism was evident in the Federal Reserve's latest snapshot of business activity nationwide. It showed sharp cutbacks affecting both blue-collar jobs that once churned out construction equipment and white-collar professionals like business consultants and accountants. From factories in Cleveland to high-tech firms in Texas and California, the Fed's beige book reported widespread production declines. Services sector shrank in Feb., 5th straight month…’ U.S. private sector cuts 697,000 jobs in February FDIC’s Bair Says Insurance Fund Could Be Insolvent This Year The Never-Ending Bailout They Done Us Wrong: Spending Our Way Into Greater Depression Credit concerns pound GE shares in volatile trade China hopes, oil's jump, both negatives, end Wall St 5-day rout Warren Buffett's 'Fundamental Weakness' ETFs Suffer Outflows In February Celente: U.S. Has Entered “The Greatest Depression” The D-word: The depression has become something worse (AP) Obama Must Fire Geithner and Summers Gold Industry Officials Warn Of Depression Jim Rogers: Bailouts are destroying the US Economy Paulson Was Behind Bailout Martial Law Threat Fed Hides Destination Of $2 Trillion In Bailout Money PREVIOUS (3-3-09), modest losses relative to reality as bad and worse than expected news just keeps on coming along with suckers bear market/short-covering rallies as here into the close to keep the suckers suckered. Defaults/delinquencies up, home/car sales down… Celente: U.S. Has Entered “The Greatest Depression” … Helicopter ben ‘bernanke indicated the near-term outlook for the economy remains weak. Economists at Goldman Sachs concur; they expect the U.S. economy will fall 7.0% in the first quarter, according to Dow Jones. Despite housing stimulus provisions, pending home sales in January declined 7.7%. The consensus estimate called for a 3.5% decline. The data reflect the effects of ongoing job losses, lost wealth, and weak consumer confidence. Similar forces continue weighing heavily on auto sales. Ford Motor (F 1.81, -0.07) reported February sales in North America fell roughly 48%, which is steeper than the 42% drop that was expected. General Motors (GM 1.99, -0.02) reported February sales sank nearly 53%, exceeding the 45% fall that was widely forecast. Separate reports indicated GM's chief operating officer said that without government funds the company's European unit would run out of cash in the second quarter. Chrysler down 44%’…
ART HOGAN SAY’S ”IT’S A TOUGH ONE”… THAT’S A TRUE STATEMENT!

Celente: U.S. Has Entered “The Greatest Depression” The D-word: The depression has become something worse (AP) Obama Must Fire Geithner and Summers Gold Industry Officials Warn Of Depression Jim Rogers: Bailouts are destroying the US Economy Gold has longest losing streak since October U.S. auto sales fall as depression deepens Blockbuster seeks debt overhaul, shares halted MGM Mirage casino co. says it may default on debt (AP) A Banana Republic By 2012? Change for the Worse Obama Calls Bush On Troop Withdrawal Plan Geithner Says U.S. Financial Rescue ‘Might Cost More’ (maybe he can locate the $4 trillion missing at the fed and use that) Pension (substantial funding shortfalls) bombs going off Pennsylvania Rep. Rohrer Introduces Tenth Amendment Resolution Previous (3-2-09), analyst chatter: one analyst said investors just can’t take (the wall street fraud/bull sh_) it anymore and sees 5,000 on the DOW (too optimistic); another says worst levels not yet seen, but markets functioning…riiiiight…, more bad economic news, dividend cuts; another says the so-called plan changinging everyday, not stimulus but at best stabilization (doomed to fail), unrealistic expectations (that’s realistic), talks funny assets/accounting (that’s what helped get us here-the fraud), a world of hurt, hope for short-covering rallies…sounds like a plan…riiiiight; another who called the crash says worst bear market in history, if priced in gold market has fallen 80% and more decline to come, says stimulus/stabilization good money after bad and recipients with worst management (fraud, etc.) should rather be allowed to fail, treasury bond/dollar bubble, u.s. stocks still overvalued so sell, precious (money) metals and overseas markets better; and finally, mainstream analyst says gold/bonds but no stocks. Dow industrials fall below 7,000; lowest since ‘97 Buffett says economy in shambles losses on derivatives contracts tied to the stock market. Banks and economy to keep bears' grip on stocks Berkshire reports a 96 percent drop in 4Q profit Chart of the Week: GDP Worse than Expected (at Seeking Alpha) Time to Bury the Markets NYSE Suspends $1 Stock Price Minimum Economics of this Depression [$$] BofA Executive Got Housing Perks (at The Wall Street Journal Online) Madoff seeks to keep NYC penthouse, $62M in assets – Typical kike/jews Dow finishes below 7,000 for first time since '97 (AP) The D-word: The depression has become something worse (AP) [$$] At Merrill, Thinning Herd of Carrion (at The Wall Street Journal Online) AIG Will Receive More Aid, Bigger Loss... NYSE Euronext chief gets 2008 pay valued at $9.2M (AP) Asian stock markets tumble on worsening US slump Sources: AIG to get up to $30B more in Fed aid Moody's lowers ratings on Citi's Japan operations (at MarketWatch) Oil falls below $44 on bleak US GDP, AIG news States' budget woes will outlast the depression israeli media denounced for insulting the Prophet Israeli minister calls for assassination of top arab leader justifying action to eliminate/exterminate nazionist israel/israelis for the sake of world peace and justice as… 8 more civilians die in US drone raid Buffett Says Economy Will Be 'Shambles' in 2009, Likely 'Well Beyond'... BERKSHIRE has worst year... Iran says USA planning 'long-term stay' in Iraq... Kudlow: Obama Declares War on Investors, Entrepreneurs, Businesses, And More... Bankers: Stop trashing us... Wall Street slides after CITI-government deal... Sets Single-Day Trading Volume... STRUGGLING STATES LOOK TO UNORTHODOX TAXES... Iran says USA planning 'long-term stay' in Iraq... Warren Buffett Speaks: His Worst Year Ever – If you listened to him recently (I warned you not to) you’re down another 20-30% since his government shill/propaganda talk (did he really give away his fortune – maybe he just decided to lose it and bring everyone with him – senile, I say yes) r A Banana Republic By 2012? Change for the Worse Previous (2-27-09), modest losses relative to reality including news much worse than expected: ‘The economy contracted at a staggering 6.2 percent pace at the end of 2008, the worst showing in a quarter-century, as consumers and businesses ratcheted back spending, plunging the country deeper into depression. The report released Friday showed the economy sinking much faster than the 3.8 percent annualized drop for the October-December quarter first estimated last month which rallied stocks significantly to keep suckers suckered and commission dollars flowing. It also was considerably weaker than the 5.4 percent annualized decline economists expected’. ‘Economic data remains gloomy. Fourth quarter GDP was revised lower to reflect an annual rate of -6.2% versus a previously estimated -3.8%. The decrease in fourth quarter activity primarily reflected negative contributions from exports, personal consumption expenditures, equipment and software, and residential fixed investment’. US economy suffers sharp nosedive Economy moving in reverse faster than predicted Moody’s predicts default rate will exceed peaks hit in Great Depression Shares tumble across globe as figures reveal U.S. economy shrank 6% in last quarter - the fastest rate in 25 years Regulators close banks in Illinois, Nevada FDIC Approves ‘Emergency’ Fee on Banks to Bolster Reserves Banks and economy to keep bears' grip on stocks FDIC raising fees on banks, adds emergency fee (AP) AIG talks weigh securitizing life policies…..riiiiight!…: source BofA carries loans $44 billion above market value Citi, U.S. Reach Accord on a Third Bailout (at The Wall Street Journal Online) Tax hikes are coming -- but you already knew that Investors await Buffett letter as Berkshire hits 5-1/2 year lows Five reasons buying a home in 2009 is a bad idea Three Top Economists Agree 2009 Worst Financial Crisis/Depression Since Great Depression; Risks Increase if Right Steps are Not Taken (Business Wire) WORST MONTH SINCE 1933 Paulson Was Behind Bailout Martial Law Threat Urban Warfare Drills Linked To Coming Economic Rage CIA Adds Economy To Threat Updates Fed Hides Destination Of $2 Trillion In Bailout Money We Watch Now As Funds Get Vaporized Bob Chapman | Business will go on as usual in Washington and on Wall Street — as corrupt as ever. Moody’s predicts default rate will exceed peaks hit in Great Depression A bigger proportion of non-investment grade companies will go bust in the US and overseas in the coming years than during the Great Depression, according to Moody’s, one of the world’s foremost experts on credit. US economy suffers sharp nosedive BBC | The US economy shrank by 6.2% in the last three months of 2008, official figures have shown, a far sharper fall than had previously been reported. FDIC Approves ‘Emergency’ Fee on Banks to Bolster Reserves Bloomberg | The Federal Deposit Insurance Corp. will charge U.S. banks a one-time assessment and increase other fees to replenish its insurance fund, adding $27 billion in costs to an industry already hobbled by the financial crisis. Citigroup Shares Down 36% | The Treasury, which has provided a total of $45 billion to Citigroup, left the door open for the bank to seek additional government funding. Previous (2-26-09), Banks lost $26.2 billion last quarter, GM lost $10 billion past month, FDIC problem bank list grows to 252, u.s. broke but $3.5 trillion spending plan and $1.75 trillion budget deficit, etc., ‘FDIC reported that at the end of the fourth quarter its list of troubled institutions grew to 252 from 171 at the end of the third quarter. The latest data indicated January durable goods orders fell a more-than-expected 5.2%. Excluding transportation, durable goods fell 2.5%, which was also steeper than expected. January new home sales fell more than expected to an annualized rate of 309,000 units, which is a record low. Jobless claims continue to rise beyond expectations. Initial claims climbed 36,000 to 667,000 from the prior week. Continuing claims came in just below 5.03 million, up from nearly 5.00 million in the prior reading’. Americans receiving unemployment top 5 million Fannie Mae seeks $15.2B in US aid after 4Q loss $1.75T Deficit, Higher Taxes, "Bogus" Stimulus Obama’s Stimulus Bill is a Banker Contrived Debt Scam Obama’s War Machine Needs $800 Billion For 2009 A $1.75 TRILLION DEFICIT... Small Businesses To Suffer From Obama’s Tax Hike Obama’s Budget: Almost $1 Trillion in New Taxes Over Next 10 yrs, Starting 2011 ETF Advisers: Sell Into Market's Rally Paulson Was Behind Bailout Martial Law Threat Urban Warfare Drills Linked To Coming Economic Rage CIA Adds Economy To Threat Updates Fed Hides Destination Of $2 Trillion In Bailout Money US banks post first quarterly loss since 1990... Record Government Note Auction; Unprecedented amount of debt... More Fraud on Wall Street New York Times | WG Trading Company and Westridge Capital misappropriated funds from state and city pension funds, including Carnegie Mellon University and the University of Pittsburgh. Previous (2-25-09), suckers’ bear market/short-covering rally based on bull s**t/jawboning alone and bad news much worse than expected into the close to finish well off more realistic lows, to keep the suckers suckered so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Economic/trends/demographics forecaster/analyst Harry S. Dent says this Great Depression will bottom out (with no cognizable uptick till) early 2020’s, unemployment 14%-17%, 50%-60% decline in real estate values, dollar (and market) crash, etc. (close but no cigar), is realistic and starkly dismal in light of the convergance of major bubbles which are deflating. New b.s. talking point the convertible preferreds (all real analysts know to treat as converted said securities to account for dilution - and quite possibly nationalization), and then the so-called ‘stress-tests’ for banks…riiiiight!…read those flat lines. Money managers accused of $550 million fraud (Reuters) TARP Said to Be Ripe for Fraud Existing U.S. home sales, prices drop in January Gannett slashes dividend 90 pct, saving $325M ETF Advisers: Sell Into Market's Rally Paulson Was Behind Bailout Martial Law Threat Urban Warfare Drills Linked To Coming Economic Rage Fed Hides Destination Of $2 Trillion In Bailout Money U.S. Consumer Confidence Collapsed to Record Low The Market Is Not Your Friend Bernanke says depression to linger Housing Prices in 20 U.S. Cities Fall a Record 18.5% U.S. Economy: Consumer Confidence In Record Slump Ron Paul Grills Bernanke: “You Can’t Reinflate The Bubble” Stocks drop as Obama speech and housing data weigh Gold investors make 120pc return in four months Bailout Bank Blows Millions Partying in L.A. How Credit Default Swaps Brought Down the World Economy ‘Black Swan’ Author Sees Trouble Exceeding 1930s Majority Of U.S. States Join Sovereignty Movement, Assert 10th Amendment Rights New World Liberty | With the economy collapsing, it is a very real and immediate danger that the federal government can turn into a completely criminal and fascist government. Rahm Emanuel Doesn’t Pay Taxes, So Why Should You? Kurt Nimmo | Don’t expect Rahm Emanuel, Nancy Pelosi, Tim Geithner, Evan Bayh, and other minions of the elite to pay their “fair share.” After all, taxes are for the little people. Previous (2-24-09), suckers’ bear market/short-covering rally based on bull s**t/jawboning alone and bad news much worse than expected, to keep the suckers suckered so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Helicopter ben, the guy who said no recession even as now we know we were already in one (actually depression) told by handlers to be upbeat (how ‘bout just beat, burnt out, etc.) delivers still dire but sugar-coated for spin/consumption testimony/b.s.. Severe contraction…as in depression; recession/depression could end by end of year/beginning of 2010 if…and if his grandmother had wheels, she’d be a trolley car. Ridiculous bull s**t that got everyone here in the first place. Analyst chatter: talk about franchise value of banks ruined if nationalized, confidence at all-time low, end of 2010 before any recovery (if at all), orderly process of deleveraging, on defense till trends more believable; another-not there yet as contrarian indicators say otherwise and bearish industry view (newsletters); another- news bad as expected but confidence reading far worse than expected, downward momentum accelerated with occasional relief rallies at best; Housing Prices in 20 U.S. Cities Fall a Record 18.5% U.S. Economy: Consumer Confidence In Record Slump U.S. consumer confidence collapsed this month and home values plunged in December, the latest evidence of a deepening economic slump that will last well into 2010 and beyond. Analysts: New Era Of Chaos Has Taken Hold A wave of economists, investors and other financial experts issued a series of dire warnings concerning the global financial crisis over the weekend, stating that a new era of chaos has taken hold all over the globe. Paulson Was Behind Bailout Martial Law Threat Urban Warfare Drills Linked To Coming Economic Rage Fed Hides Destination Of $2 Trillion In Bailout Money U.S. Consumer Confidence Collapsed to Record Low The Market Is Not Your Friend Bernanke says depression to linger Get Ready for Mass Retail Closings Microsoft says no new cost cuts, shares hit 11-year low Stanford a cog in the U.S. intelligence dirty money laundering machine How the Economy was Lost Unemployment (already past 9% in reality) Will Pass 9% This Year: NABE SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Previous (2-23-09), even the frauds on wall street who should be prosecuted are not buying the rhetoric/b.s. which is very, very, etc., short on detail, ie., spending money the broke u.s. doesn’t have for bailouts, while cutting the deficit in half in 4 years, etc.,…..riiiiiight! What economists / analysts are saying: Zandi - rapidly eroding economy; analyst – ugly…lots of bull s**t, no specifics/details, not pretty picture, equity holders of financials wiped out prospectively; Financial Times Editor – markets at new lows, nationalize or not (defacto they’re already nationalized), AIG trading at 50 cents has received $80 billion in bailout funds and just records loss of $60 billion, dire; bank analyst – downward pressure on financials particularly as dilution taken into account, write-offs, more capital needed, securitization market down, down, down and more capital necessary for writedowns; analyst – vicious bear, no faith in government plan, dismal! . One analyst previously pointed out there has been not one prosecution thus far and the frauds on wall street should be prosecuted and forced disgorgement. Analyst Frank Cochrane looks ahead to 4,000 to 6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and says spending/stimulus programs will not work, a point on which he is correct and the low end of his ranges closer to reality. Not Just a Few Bad Apples - Corruption is Systemic in America In case you believe that there are only “a couple of bad apples” in the United States, here is an off-the-top-of-his-head (I could give many, many more including my RICO case) list of corruption by leading pillars of american society. Wall Street slides to 12-year low New U.S. stake in Citigroup will not calm realities/doubts AIG in talks with U.S. government, sees $60 billion loss: source Pinnacle West shares fall on earnings, outlook (AP) LaSalle Hotel shares fall on analyst outlook (AP) Harley-Davidson shares fall on sales worries / realities (AP) Major stock market indexes fall to 1997 levels and much further down to go given realities Micron Tech to cut up to 2,000 more jobs in Idaho Asian shares slump after Dow hits 1997 low (at MarketWatch) The S&P 500's Incredibly Shrinking Market Cap The more they do, the worse it gets Paulson Was Behind Bailout Martial Law Threat Fed Hides Destination Of $2 Trillion In Bailout Money The Great “Global Crisis of Maturity” and the New World Order World Financial System In A State Of Insolvency Urban Warfare Drills Linked To Coming Economic Rage Britain faces summer of rage Get Ready for Mass Retail Closings Yahoo Finance | About 220,000 stores will close this year in America. Editorials: Rewriting rules of global finance GLOBAL MARKETS-US stocks slide as bear grips harder, oil falls BACK TO 1997... State sends $1 food stamp checks to 250,000... Obama pledges to slash deficit - after increase... Rosy assumptions... Philadelphia newspapers' owner files for bankruptcy... AIG Seeks More US Funds As Record Loss Looms... Advisers readying bankruptcy financing for automakers... BANK MESS: HSBC CONSIDERS $20B CASH CALL FROM INVESTORS... Sentiment Overview: Pessimists Increase by 18% Stocks: Horrible Start to 2008, Worse in 2009 Ex-Senate aide charged in Abramoff scandal THE FAILED INFLUENCE GAME: Stimulus still aiding K Street Swiss party wants to punish USA for UBS bank probe... Developing... Japan stocks fall after lender seeks bankruptcy (AP) Gov't reportedly mulls dilution, more obfuscation, and more money down the rabbit hole by taking larger stake in Citi (AP) RBS prepares to unveil global downsizing plan Richard Russell: Bear Market Remains in Force Summary of Global Investment Returns Yearbook 2009 The New Depression - The Lessons of the 1930s Markets May be Said to be Oversold (Again), But Decisive Rally Won’t Be Forthcoming as Much Worse and Much More Selling to Come Philly newspaper owner files for Chapter 11 (AP)

Previous (2-20-09), stocks tumbled around the world, sending the Standard & Poor’s 500 Index to its biggest weekly drop since November, on concern the deepening recession will force banks to seek more government aid. Europe’s Dow Jones Stoxx 600 Index slid to a six-year low, and Japan’s Topix Index declined to the worst level since 1984. Analysts saying impossible to predict bottom in this dismal scenario, nationalization concerns, not bottomed yet, new bear market lows. Art Hogan says greater than 50% is defacto nationalization anyway and nothing left for shareholders, pricing mechanism for toxic assets problematic along with negative capitalization ratios, new lows in offing, gold for capital preservation along with treasuries and money markets. Nader says depression. There’s no end/bottom in sight. One says 2011-2014 earliest for bottoming at best and that nationalization means politization. One analyst previously pointed out there has been not one prosecution thus far and the frauds on wall street should be prosecuted and forced disgorgement. Analyst Frank Cochrane looks ahead to 4,000 to 6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and says spending/stimulus programs will not work, a point on which he is correct and the low end of his ranges closer to reality. Not Just a Few Bad Apples - Corruption is Systemic in America In case you believe that there are only “a couple of bad apples” in the United States, here is an off-the-top-of-his-head (I could give many, many more including my RICO case) list of corruption by leading pillars of american society. SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Major indexes fall more than 6 percent for week The Great Depression has Arrived- Collapsing American Dreams Defacto if not dejure nationalization realities hit Citi, BofA Soros sees no bottom for world financial "collapse" Trustee: Some Madoff stock trades were fiction Morgan Stanley offers $3 billion broker bonuses, Wells none (Reuters) Gold Hits $1,000 Ron Paul: Stimulus “Waste of Money” The Inconveninent Debt Gold Tops $1,000, First Time Since March as Depression Deepens Stocks Drop Around the World; Stoxx 600 Falls to 6-Year Low Fed Hides Destination Of $2 Trillion In Bailout Money “…The United States was in much better shape, economically, going into the Great Depression than it is now. Prosperity is not coming back to the U.S. as we know it. We are in a lot of trouble…”More Economists Say Crisis Is Worse Than Great Depression Previous (2-18-09), all news much worse than expected as new home starts plunge 17% (-56% year over year), fed/bernanke downgrades economic forecast (rallied stocks when he made same which was bull s**t then as pointed out here) predicting reality of contraction which he says will be protracted, prolonged and increased unemployment (9%) though reality is much worse than they’re once again (falsely) predicting (we’re already significantly past 9% unemployment) and as one economist points out, in an economic freefall. bernanke’s outlook realistically dismal which sentiment is shared by analysts/economists who envision no bottoming until well into 2010 at best because…..this is a DEPRESSION! Previous (2-19-09), ‘Initial jobless claims totaled 627,000, topping the 620,000 claims that were expected. Initial claims were unchanged week-over-week, while the four-week moving average moved up to 619,000 from 608,500. Continuing claims reached record highs of 4.99 million. Economists forecast 4.81 million continuing claims. The four-week moving average for continuing claims stands at 4.84 million, up from 4.75 million. Jobless claims were a drag on the January index of leading economic indicators, which increased 0.4%, exceeding the consensus forecast of a 0.1% increase. An increase in the money supply proved to be the main driver lifting the index, but the increased money supply contributes to inflationary concerns. Producer prices, which measure inflation, increased more than expected in January. The January PPI and core PPI were up 0.8% and 0.4%, respectively.’ Philly fed manufacturing index at 18 year low. The easiest to forecast leading economic indicator was fudged to the upside, though still marginal, with said fake number substantially exceeding all private forecasts (stock prices, auto, housing, employment, etc., all down sharply in subject month…..hence, I don’t think so and fake report). Analysts saying stimulus plan not stimulative, specter of bank nationalization (banks insolvent), loss of pricing power across most all industries, and then the plethora of very bad economic/financial data with breakthrough technical bottoms, looking for violent sell-off/capitulation to provide minimal/short-lived bear market rallies, with some ephemeral opportunities among defensive stock plays, ie., whole foods (pricing power), auto parts (refurbishing old cars). One analyst previously pointed out there has been not one prosecution thus far and the frauds on wall street should be prosecuted and forced disgorgement. Analyst Frank Cochrane looks ahead to 4,000 to 6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and says spending/stimulus programs will not work, a point on which he is correct and the low end of his ranges closer to reality. Not Just a Few Bad Apples - Corruption is Systemic in America In case you believe that there are only “a couple of bad apples” in the United States, here is an off-the-top-of-his-head (I could give many, many more including my RICO case) list of corruption by leading pillars of american society. SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Jobless Claims Hit Record High; Inflation Jumps Dow falls to 6-year low as banks slide Wholesale inflation takes biggest jump in 6 months Dow Closes at New Bear-Market Low Dow Theorists spot a bear Rising debt will overwhelm Obama’s effort to rescue the economy Bank debt trades at distressed levels (at FT.com) 5 million Americans drawing jobless benefits AP IMPACT: Jobless hit with bank fees on benefits (AP) FBI tracks down Texas financier in fraud case (AP) FBI finds Allen Stanford in Virginia Stanford curried influence in DC: watchdog group PC makers' shares fall on worsening demand BofA and Citi shares fall on defacto or dejure nationalization near GE shares dip to lowest since 1995 Feb. could be worst month yet for jobless claims Fitch downgrades Marriott on lodging softness (AP) Fed downgrades economic forecast for this year “…The United States was in much better shape, economically, going into the Great Depression than it is now. Prosperity is not coming back to the U.S. as we know it. We are in a lot of trouble…”More Economists Say Crisis Is Worse Than Great Depression Previous (2-18-09), all news much worse than expected as new home starts plunge 17% (-56% year over year), fed/bernanke downgrades economic forecast (rallied stocks when he made same which was bull s**t then as pointed out here) predicting reality of contraction which he says will be protracted, prolonged and increased unemployment (9%) though reality is much worse than they’re once again (falsely) predicting (we’re already significantly past 9% unemployment) and as one economist points out, in an economic freefall. bernanke’s outlook realistically dismal which sentiment is shared by analysts/economists who envision no bottoming until well into 2010 at best because…..this is a DEPRESSION!

Not Just a Few Bad Apples - Corruption is Systemic in America Fed downgrades economic forecast for this year Fed says US economy will get worse in 2009 Bernanke cuts growth view, considers inflation target Hundreds seek their money as Stanford fallout spreads HP cuts full year outlook (Reuters) UBS to pay $780M, open secret Swiss bank records Billionaire's bank customers denied their deposits HP profit slumps 13 pct on weak PC and ink sales [$$] Dow ends little-changed amid slew of grim news (at The Wall Street Journal Online) The Bull's Case for Buying Gold ...starts, permits plunge to new record lows SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!

Previous (2-17-09), modest losses relative to reality so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Analysts say not very encouraging, market saying stimulus will not work, lots of toxic assets still out their, nothing safe in bear market, oil to $80, gold appropriate hedge against deflation and inflation and deserves spot in portfolios, no turnaround anytime soon, and tough-sledding ahead. “…The United States was in much better shape, economically, going into the Great Depression than it is now. Prosperity is not coming back to the U.S. as we know it. We are in a lot of trouble…”More Economists Say Crisis Is Worse Than Great Depression Joint Chiefs chairman calls fiscal calamity a bigger threat than any war GM seeks up to $30B in aid, to cut 47,000 jobs (AP) GM and Chrysler seek nearly $22 billion more in aid Stocks sink to November lows on depression fears U.S. charges Allen Stanford with "massive" fraud Reality about expensive, flawed, failed stimulus drag stocks down sharply (AP) It’s Getting Ugly: Economist Says Hoard Gold & Scotch Paul Joseph Watson | Williams predicts hyperinflationary depression will mean a $100 dollar bill is worth less than toilet paper. 65 Trillion - U.S. Financial Obligations Exceed The Entire World’s GDP A “Monetary Stalingrad” is on its way to Europe Kansas suspends income tax refunds, may miss payroll Europe’s economic slump deeper than expected Total desperation by frauds on wall street. One analyst previously pointed out there has been not one prosecution thus far and the frauds on wall street should be prosecuted. Analyst Frank Cochrane looks ahead to 4,000 to 6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and says spending/stimulus programs will not work, a point on which he is correct and the low end of his ranges closer to reality. Indeed, the lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so SELL /SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! GM seeks up to $30B in aid, to cut 47,000 jobs (AP) America's Insolvent Banks (at Seeking Alpha) Gold Jumps to 7-Month High as Investors Seek to Preserve Wealth Stocks sink to 3-month lows GM and Chrysler seek nearly $22 billion more in aid Stocks sink to November lows on depression fears U.S. charges Allen Stanford with "massive" fraud Reality about expensive, flawed, failed stimulus drag stocks down sharply (AP) It’s Getting Ugly: Economist Says Hoard Gold & Scotch Paul Joseph Watson | Williams predicts hyperinflationary depression will mean a $100 dollar bill is worth less than toilet paper. 65 Trillion - U.S. Financial Obligations Exceed The Entire World’s GDP A “Monetary Stalingrad” is on its way to Europe Kansas suspends income tax refunds, may miss payroll Europe’s economic slump deeper than expected WORLD TO STAY IN SLUMP Previous(2-13-09), modest losses relative to reality inasmuch as outlook remains bleak with data (though sugar-coated, inflated, false to provide more favorable b.s. talk points) dismal as consumer confidence down sharply ((56.2 vs. 61.2 previous, job losses continue as do earnings declines/losses, bankruptcies, defaults, etc., so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Analysts negative regarding level of uncertainty, skepticism regarding more stimulus/bailout money down the rabbit hole, longer-term considerations of deflation/hyperinflation, and particularly the valuation of assets in any of the bailouts, etc.. Oil inventories high but production cuts will weigh heavily later. [$$] Long-Term Dow Chart Suggests More Downside Large U.S. banks on edge of insolvency, experts say Regulators close banks in Neb., Fla., Ill., Ore. GOLD Separating from the US DOLLAR-Banks insolvent Another $3T of U.S. Debt: Don't Count on Foreigners to Pay for Our Bailouts U.S. auto suppliers seek $18.5 billion in government aid How Banks Are Worsening the Foreclosure Crisis Stocks fall as investors can't shake economic woes Huge stimulus bill only the beginning of the end, substantial investment in Weimar dollar printing presses/operators envisioned: Obama Will the stimulus actually stimulate? Economists say no This is 1930 all over again and far worse Federal obligations exceed world GDP... Euro Zone Sees Biggest Contraction on Record Previous (2-12-09), suckers’ bear market rally with 200+ point upswing into the close based on b**l s**t alone on continuing bad news including increasingly high job loss/unemployment numbers (though vastly understated), unexpected (euphemistic for false) +1% January retail, and leak of yet the new latest, greatest, economic “stimulus”/subsidy, etc., so especially great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 23% decrease in wealth in u.s. and much further to go. Fed printing worthless Weimar dollars like mad (ultimately, inevitably hyperinflationary) while treasury securities bubble gets bigger (stay away from treasuries – TIPS/treasury inflation protected securities only). Total desperation by frauds on wall street. One analyst previously pointed out there has been not one prosecution thus far and the frauds on wall street should be prosecuted. Analyst Frank Cochrane looks ahead to 4,000 to 6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and says spending/stimulus programs will not work, a point on which he is correct and the low end of his ranges closer to reality. Indeed, the lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.. Obama’s Stimulus Not Enough to Avert Biggest GDP Drop Since 1946 Bloomberg | Obama’s stimulus plan will be insufficient to avert the biggest U.S. economic decline since 1946 as consumer spending posts its longest slide on record. Marc Faber: U S will default on debt or enter hyperinflation YouTube | Mr. Faber predicts the Zimbabwe model for the United States. Home Prices Slide 12%, Most on Record, as Foreclosures Drain Value... Deluge of Financial Calamities Looming by Mid-March Retail sales rebound, jobless claims stay high ABCNEWS: CATERPILLAR CEO contradicts Obama: 'We're going to have more layoffs before we start hiring again'... Retail sales rise unexpectedly (false report) in January Wells Fargo charge boosts fourth quarter loss (Reuters) Oh yet another new mortgage plan news is bs purported reason for spurring late suckers bear market stock rally The Market and geithner's Empty Suit No Plan SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Previous (2-11-09), suckers bear market rally into the close based upon the bailout/stimulus fairy tale. Reality speaks for itself so the following latest news links (job loss/cut anouncements too numerous for inclusion and real numbers/data worse than false/gov’t/shill reports) plus previous 2-10-09 assessment which follows. ‘WORST ECONOMIC COLLAPSE EVER’ In 2009 were going to see the worst economic collapse ever, the Greatest Depression, says Gerald Celente, U.S. trend forecaster. He believes its going to be very violent in the U.S., including there being a tax revolt. This DEPRESSION will last 23-26 YEARS! Government is POWERLESS! We are facing a Depression that will last 23-26 years. The response of government is going to seal our fate because they cannot learn from the past and will make the same mistakes that every politician has made before them. Economic Rescue Plan: More Debt, More Dollar Devaluation And More Government Larry Summers: Fox Guarding The Henhouse COMEX Crash To Send Gold To $3,000 Gold jumps 3 pct to 6-1/2 mth high on risk aversion Highest Unemployment in Three Decades Economic Rescue Plan: More Debt, More Dollar Devaluation And More Government PAPER: European banks sitting on $24 trillion of toxic assets...The Day After: Stocks Struggle to Overcome Geithner's Stumble, RIM's Warning Why Americans Should Care More About the $2-$5T Bailout vs. the $789B Stimulus Ireland to take control of banks... Popular Rage Grows as Global Crisis Worsens Previously (2-10-09) only modest drop relative to reality as pointed out by analyst Frank Cochrane who looks ahead to 4,000 to 6,000 on the DOW, 700 to 900 on the NASDAQ, and 425 to 625 on the S&P, and says spending/stimulus programs will not work, a point on which he is correct and the low end of his ranges closer to reality. There seems near unanimity by astute people in the know that timothy (only the little people pay taxes) geithner is just not up to the job. Indeed, his apparent Freudian slip “arrest it” must have been a manifestation of his guilt for purposely evading taxes [he still after audit and before confirmation has not paid the taxes he asserted as time-barred for collection (should have been arrested)], and then there’s the $4 trillion missing at the New York fed (and hence his prospective arrest), and now even more obfuscation with regard to taxpayer funds (possible future arrest?). A career bureaucrat, one economist/analyst points out that tiny tim geithner is not an economist and his so-called plan is without a plan yet we’re now talking in trillions. Helicopter ben bernanke paints realistically bleak outlook [though rosier than reality The Economist, a Widely Respected and Authoritative Financial/Economic Publication: U.S. In Depression, Not Recession Video: Crash Will be Worse than Great Depression Great Recession/Depression of 2008, et seq., Worse Than All Others IMF warns of Great Depression Stocks Could Drop 20%, No Safe Haven: Dr. Reality Celente Correctly Predicts Revolution, Food Riots, Tax Rebellions By 2012 Former chief economist: U.S. in a depression Merrill Lynch’s Chief Economist: We’re Already In a Depression Ray Dalio: A Long and Painful Depression - Barron's Interview Trendsresearch.com forecast for 2009 , job losses like mad, and don’t believe the understated unemployment rates] seems flustered, impotent but really should allow alan greenspan his due for the current debacle. How about charging, arresting, and prosecuting the perpetrators of the massive fraud instead of using taxpayer funds to bail them out (especially since they’re now buying the fraudulent, worthless securities as well as talking funny books – they already have the funny money being printed like mad). Especially great opportunity to SELL INTO RALLIES/STRENGTH/TAKE PROFITS/SELL WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! . UBS cuts jobs after fourth-quarter loss (Reuters) UBS to slash more jobs after reporting $7 billion loss Blue Chip poll cuts forecast for second half 2009 (Reuters) GM cuts 10000 salaried jobs, trims employees' pay Sirius preparing possible bankruptcy filing: report Stocks sink over 4 percent on bank plan apprehension U.S. offers $2 trillion bank plan but stocks slump GE transport unit to cut or furlough 1,550 workers Asia stocks fall amid skepticism over US bank plan (AP) $3 trillion! — Senate, Fed, Treasury attack crisis [$$] Foreclosure 'Tsunami' Hits Mortgage-Servicing Firms (at The Wall Street Journal Online) Senate Passes $819 Billion Economic Stimulus Bill Bernanke Begins ‘Thorough Review’ of Fed Disclosure Stocks Tumble as Bailout Plan Is Unveiled Previous (2-9-09), suckers’ bear market/short-covering rally into the close to end mixed based on continuing bad news including new job cuts/losses including 20,000 from Nissan, etc., so still great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Barron’s: Economist/analyst says depression has long way to go and lot’s of prospective pain Ray Dalio: A Long and Painful Depression - Barron's Interview . Analysts talk up adage, ‘buy on rumor, sell on news’ regarding ie., bailouts, bailouts, bailouts, with money they don’t have as total now approaches $9.7 trillion (printing those worthless Weimar dollars like mad, ultimately/inevitably hyperinflationary), buy gold on dips; short-covering rally via irrational exuberance induced bailout news, downside volatility, dilution (stock issued will dilute EPS), stimulus won’t work, lottery stocks (financials) based on short-term blips based on b.s./bailout news alone. Ray Dalio: A Long and Painful Depression - Barron's Interview Financial plan won't include "bad bank": TV One in eight lenders may fail, RBC says One Scary Unemployment Chart Bring back the guillotine… for bankers Geithner says G7 should act ‘promptly’ on economy We’re moving close to ‘a bailout-based economy’ Protectionism, unemployment and riots as the global slump deepens Obama’s Change: Expanding the Power of the NSC and Shadow Government Fitch cuts BofA ratings (at bizjournals.com) House Appropriations Chairman on Stimulus Waste: 'So What'... CBO: Stimulus harmful over long haul... LG Elec to cut $2.2 billion costs as recession bites (Reuters) Previous (2-6-09), suckers’ bear market rally based on especially bad news, viz., ‘depression-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, bringing unemployment rate to 7.6 percent, the grim figures being further proof that the nation's job climate is deteriorating at an alarming clip with no end in sight.’ Economy so weak oil demand and price down but oil stocks rallied in the alice-in-wonderland fraudulent world of wall street. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so especially great opportunity to SELL/TAKE PROFITS SINCE MUCH, MUCH WORSE TO COME! Real Unemployment Figures Double Those Reported By Labor Department Paul Joseph Watson | 7.6% is actually over 15% - just 9% shy of figure at height of great depression. Financial Coup d’Etat Rep. Kanjorski: $550 Billion Disappeared in “Electronic Run On the Banks” U.S. job losses accelerate Fed's Yellen sees dynamics similar to Depression Regulators close 3 more U.S. banks Consumer credit falls more than expected in Dec. Peter Schiff: Stimulus Bill Will Lead to “Unmitigated Disaster” Nearly 600K jobs lost in Jan.; more pain ahead Peter Schiff: Why I'm Right About the Substantial Further Decline and My Critics Are All Wrong There is a high chance a majority of the States within the United States of America could file for Chapter 9 bankruptcy. There are currently 46 states with high budget deficits, Arizona being one of them. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so great opportunity to SELL INTO RALLIES/STRENGTH/TAKE PROFITS/SELL WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Previous day’s (2-5-09) news as bad, ie., record level monthly unemployment numbers much worse than expected 626,000, factory orders down, IMF says no breakthrough in stabilizing financial sector, etc., but irrational exuberance on bailout talk and prospect of not only funny money but now funny assets with proposed new accounting rules to hide financial reality (dismal) so great opportunity to SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! U.S. jobless claims surge in latest week to 626,000 Parallels With the Great Depression Obama Warns of ‘Catastrophe:’ What Happened to ‘Hope’ and ‘Change?’ NEWS CORP loses $6.4 billion... ...writedowns GE chief warns on USA depression threat... Watchdog: Treasury overpaid for bank stocks... USA Must Spend Trillions they don’t have to prevent a long-lasting Depression'... GERMAN BANK FIRST LOSS SINCE WWII OWING TO AMERICAN SECURITIES FRAUD DEBACLE; REJECTS STATE AID... MCCLATCHY reports loss on newspapers' decline, plans deep cost cuts... Treasury in plans for record debt sale... Accounting rule change for more cook the books fraud and bailout hopes spur Wall St. rally New jobless claims surge to 26-year high Auto suppliers seek rescue as crisis deepens Art Hogan refers to the prevalence of bailout rhetoric, financials (among others) under pressure because there have been twice as many downside surprises on the earnings front with either no guidance or bad outlook, and cites new trading range for oil at $40 - $50. Kraft, bank worries knock Wall St; Cisco hit late Cisco outlook misses expectations The Bad Bank Assets Proposal: Even Worse Than You Imagined TIMEWARNER the troubled, horribly managed media company swings to 4Q loss on hefty writedown... UBS Boosts ‘09 Gold Forecast to $1,000 One analyst previously pointed out there has been not one prosecution thus far and the frauds on wall street should be prosecuted. Indeed, the lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.. Another Prominent Economist Forecasts Depression, Says Gold To Hit $2000 Auto sales hit 27-year low US auto sales plunge 37 percent to 26-year low Motorola's woes pile up in $3.6B quarterly loss Disney 1Q profits drop 32 percent; shares slide Wells Fargo defends, then cancels Vegas junket Electronic Arts posts wider loss, huge layoffs announced, hurt by charges Fed Secretly Lends $2 Trillion to Banksters without Oversight JAPAN: “There has never been data this bad for any major economy - even in the great Depression”; “We are literally looking at the unimaginable” Obama predicts more bank failures California goes broke, halts $3.5 billion in payments Previous, consumer spending down (-1%), manufacturing activity down, construction spending down 5.1% and much worse than expected. Problems ahead for bonds (currency risk, low yield, etc.) including treasuries (bubble), interest rates prospectively higher, bad real estate market into 2010 as banks play catch up on foreclosed properties, with top end getting hit and weaker rental market to boot. “…The United States was in much better shape, economically, going into the Great Depression than it is now. Prosperity is not coming back to the U.S. as we know it. We are in a lot of trouble…”. Personal bankruptcies soar 33% More Economists Say Crisis Is Worse Than Great Depression Steve Watson | Ominous headlines have prominent analysts spelling out disaster. Macy's cuts 7,000 jobs, slashes dividend Factory decline, consumer spending drops Morgan Stanley plans up to 4 percent in job cuts Joint Chiefs chairman calls fiscal calamity a bigger threat than any war WALL ST ALREADY DOWN 10% FOR YEAR... Folding dealers shock car buyers with unpaid liens (AP) GlaxoSmithkline to cut 6,000 jobs: report The New Economic Reality …do not think we should be incurring trillions in debt for an ill-conceived or even a properly conceived plan. We cannot spend that much. OUR PROBLEM WAS SPENDING MORE THAN WE MADE SO THE ANSWER CANNOT BE THE GOVERNMENT ALLOWING US TO SPEND MORE THAN WE MAKE. Joseph Stiglitz, a Nobel laureate, can tell you better than me, and he thinks we are asking for major problems. Florida, Maryland, Utah Banks Seized Amid Deepening Financial Crisis... Worse than the Great Depression Charts Predict: Oil May Whip Back up to $100 Previous session, 31st u.s. bank to fail, 6th this year, Economy's new plunge is worst in quarter-century (AP) as GDP falls 3.8% defying much worse/higher private/real forecasts/estimates; bad economy, bad economic data, bad real estate market; defensive non-equity investing recommended, ie., short-term bonds, single short ETF hedge funds, etc.. One analyst points out there has been not one prosecution thus far and they should be prosecuted. Indeed, the lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.. GDP sees biggest drop in 27 years The Ugly Truth: The American Economy is Not Coming Back Economy, bank woes drag market to worst January ever Economy's new plunge is worst in quarter-century Stocks' January drop isn't welcome sign for 2009 [$$] January Was Dow's Worst In 113 Years (at The Wall Street Journal Online) Economy's new plunge is worst in quarter-century (AP) Worst January ever for Dow, S&P 500 US Stocks Drop, Capping Market’s Worst January, on Economy Bloomberg US Stocks Off; Financials, Industrials Lead DJIA Under 8000 MarketWatch US Economy Will Keep Sliding After Shrinking Most Since 1982 U.S. Eyes Two-Part Bailout for Banks 46 Of 50 States Could File Bankruptcy In 2009-2010 Economic crisis has put the world “on the road to serious social instability” Gold rallies 2 pct on haven buying, hits euro high Worst January on Record for Stocks... Previous session, at least Obama referred to the outrageousness of the wall street perps/frauds who created the crisis, got wealthier in so doing at other peoples expense/damage, received taxpayer bailout funds because of what crimes they did, and now reportedly took huge bonuses ($18 billion) for failed and fraudulent performance; but if he thinks shaming them into better behavior is effective, then he is a fool. One analyst points out there has been not one prosecution thus far and they should be prosecuted. Indeed, the lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.. All bad news: all-time record continuing unemployment claims, durable goods orders down more than expected, new home sales down record levels (-37%), banking system insolvent, long-term treasuy bubble about to burst, DEPRESSION, etc.; December durable goods orders declined 2.6%, marking the fifth straight monthly decline. Excluding transportation, orders were down 3.6%. The drop in both readings was also steeper than expected. In other economic news, December new home sales declined more than expected, falling almost 15% from the prior month. The supply of new homes is at an all-time high of nearly 13 months, based on the pace of current sales. Demand for new homes remains weak as weak labor markets limit buyers. Initial jobless claims for the week ended Jan. 24 increased modestly to 588,000, which exceeded the 575,000 claims expected. Continuing claims climbed to 4.78 million, which is the highest level for continuing claims in 40 years. More Economists Say Crisis Is Worse Than Great Depression Steve Watson | Ominous headlines have prominent analysts spelling out disaster. Jobless Sheep Fed Reserve Fails to Reflate the US Banking System Signs of deepening economic woes slam Wall St. Americans receiving jobless benefits hits record... [$$] Ex-Merrill Executives Got Burned by Madoff (at The Wall Street Journal Online) Disney plans 5 pct job cuts at ABC group US new jobless claims up,continued claims a record Workers receiving unemployment at 25-year high Obama calls $18B in Wall Street bonuses 'shameful’ – Is that it? Is that all there is? What about illegal as the perpetrators of the massive fraud receive taxpayer bailout funds …for their bonuses.' Japanese output falls at record pace Ford posts $14.6B 2008 loss, near $6 billion loss for quarter, still won't seek aid Merrill Lynch’s Chief Economist: We’re Already In a Depression Stocks Could Drop 20%, No Safe Haven: Dr. Reality MURDOCH: Crisis Worsening, 'Drastic Action' Needed... Stiffed: Why are bailed-out banks helping Pfizer buy Wyeth? Previous, suckers’ bear market ralley based on b**l s**t alone, viz., the now fabled big bad wolf bank to eat all the so-called toxic debt at taxpayer expense (for the economy- what a fairy tale), etc., so especially great opportunity to SELL/SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! All bad news continues: Boeing to cut 10,000 jobs, AOL 700, Starbucks 6,700 , and on and on, the list is long, continues, and is growing, Warning over collapse in capital flows Telegraph | The world economy will shrink this year for the first time since the Second World War, warns the gloomiest forecast yet delivered by a major international institutional. MERRILL LYNCH’S CHIEF ECONOMIST: WE’RE ALREADY IN A DEPRESSION Stocks Could Drop 20%, No Safe Haven: Dr. Reality World growth ‘worst for 60 years’ Mass layoffs surge in 2008, continue at rapid pace (AP) 'American consumer can no longer act as motor of global economy'... Analyst Ciovacco sums it up thusly: …We have seen many of these bailout inspired "feel good" days during the bear market. The market cheered the bailout out of Bear Sterns, only to retrace all the gains while moving to lower lows. When Fannie and Freddie were bailed out by you and me (taxpayers), the market "felt good" only to move on to lower lows and more losses. When AIG was bailout out by - you guessed it, you and me, it was seen as a positive. Stocks went on to make new lows. TARP was hailed by the markets as the answer to all our problems - stocks moved higher in anticipation, then made new lows. When the formerly "big" three were given government loans, the market breathed a sigh of relief - then, you guessed it, moved lower.Here we go again. The “bad bank” is this morning’s feel good story. The futures are higher on “speculation” the government will set up a bad bank. The problem is a familiar one for money managers - we do not know what the rules are and how the "bad bank" will be set up. Will it be good for shareholders in banks? Will it be bad for shareholders in banks? We are not sure because we have no details on the latest bailout, only speculation and a few sound bites. The basic goal of the bad bank according to this morning’s news reports is to "get lending going again". In an overleveraged world, is more credit really the answer? I thought too much credit was the problem…Previous, what are they drinking, smoking, snorting on wall street with suckers’ bear market rally on decisively bad news; viz., consumer confidence at lowest level ever recorded (37.7) Consumer Confidence Slides to Record Low in January , 18% plunge in home prices as per highly regarded Case/Shiller Index, Retail Federation gives bad retail outlook, layoffs du jour galore, etc., and even as oil plunged on the bad economic data, oil stocks rallied…riiiiight! What, they worry…hell no…they work for wallstreet/government. They’ll still get their commissions on the way down and maybe stick you with their over-priced dogs as well. Same modus operandi as in January et seq, 2008 when they sucked in the suckers who this time (fool you twice, shame on you) will deserve to be burned for wall street commissions/ compensation/ bonuses’ sake as in the year just passed. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.- Analyst Andre Egleshion puts the amount at $600+trillion) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so great opportunity to SELL INTO RALLIES/STRENGTH/TAKE PROFITS/SELL WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Bank bailout could cost $4 trillion CEO confidence plunges around the globe Consumer mood at record lows, house prices sag Corning slashes up to 4,900 jobs to cut costs Moody's says could cut GE's triple-A credit rating Target eliminates positions amid weak sales Nation's economic mood darkens as more jobs vanish S&P index shows plunge in November home prices Yahoo posts higher profit but outlook weak Yahoo suffers 4Q loss, but tops analyst views IBM quietly cuts thousands of jobs Economy in free fall in fourth quarter Companies in U.S. to Slash More Jobs, Business Economists Say military spending is crippling america Previously, wall street frauds’ nirvana (commissioning a large incline then decline then suckers’ bear market rally into the close incline) at just a program loop, button push, mouse click away based on bull s**t alone and ‘Little Shop of Horrors’ viz., wall street vegetables clamoring ‘feed me, feed me’ with hopes for taxpayer bailout funds and short-covering bear market rally.. Motek’s experts: One land of fruits and nuts politician too many for a business hour; there will be no further comments relative to Frank Motek’s knx1070am caleefornia business hour inasmuch as the show has become a bit too parochial and limited in scope. 68,000 new job cuts this day alone. Existing home sales on foreclosures up 6.5% so new home sellers rally…riiiight!...Preposterous!...Leading indicators allegedly up .3% on increase in money supply (hyperinflationary)…Riiiiight! NY financier arrested in purported $400 million scam Reuters Job-killing depression racks up more layoff victims Economy in free fall in fourth quarter FANNIE to Seek Up to $16 Billion in Emergency Treasury Aid to Stay Afloat... Gloom deepens as 75,000 global jobs go... Gold pushes above $900 in buying spree; Yellow metal posts all-time highs in euro and sterling... Economy in free fall in fourth quarter Previous, mixed finish on relatively light volume defies reality with another near 200 point swing to the upside on suckers’ bear market rally into the close to keep suckers suckered on decisively bad news so sell into rallies/strength/take profits/sell while you still can since much, much worse to come. Motek experts: Art Hogan points to volatility, lots of headwinds for market, magnitude of the worse than expected results, doubling underestimated earnings to downside and no guidance indicative of lack of belief in efficacy of stimulus, and lag effect concerning stimulus which will help but not soon enough. Investment analyst says P/E ratios for stocks much too pricey, cite S&P single digits in milder recessions past hence way over-valued at 15 P/E now. GE profit down 44 percent Earnings and depression batter world stocks Britain officially slips into recession Schlumberger 4Q tumbles; sees rough year ahead Harley to cut 1,100 jobs as 4Q profit falls Xerox 4Q profit plunges, misses Wall Street view (AP) 2009 Heralds “A New Age Of Rebellion” Geithner's failure to pay taxes completely intentional Misguided Spending Will Only Take Us Deeper Into Depression Poor earnings, opaque forecasts weigh on stocks (AP) Freddie Mac to ask for billions more in funds Freddie Mac to ask government for another $30-$35 billion Brower Piven Encourages Investors Who Have Losses in Excess of $500,000 From Investment in Bank of America Corporation to Inquire About the Lead Plaintiff Position in Securities Fraud Class Action Lawsuit Before the March 23, 2009 (Marketwire) Capital One results suggest gloomy 2009 for credit card industry Wall Street's culture of entitlement hard to shake “The stock market has been bluffing investors for decades. The market's indiscernible jolts have been particularly pronounced and painful in recent months.” Simon Maierhofer“Unprecedented” Job Cuts in Works at World’s Largest Automaker [video] Gold Surges VIDEO: THE GLOBAL FINANCIAL CRISIS - Montreal Lecture: The Great Depression of the 21st Century Motek experts: Discuss new unemployment claims at 589,000 match 26 year high, 4.6 million continuing u.e. claims, wall street strategist (actually just another wall street fraud) thain at last minutes before BofA bailout/takeover does compensation/bonuses/expenditures and gets axed, all-time low for housing starts with downsides well into 2010, job losses trend to accelerate well into second half 2009. Analyst says near term increased uncertainty, gamble, financials undercapitalized, recommends risk adjusted/barely below investment grade junk bund funds (high ror) and gold mining etf’s while warning long-term treasuries to take a hit. Reporter discusses negative I.T./pc market, spending and job cuts and absence of forward-looking guidance. Worsening signs for Apple with slowdown in pc sales and reliance on retail/pricing. Currency expert says problems serious, gov’t needs to raise $2 trillion, crowd out private sector, increase cost of money, fanny/freddy, government replacing private mortgage lending with negative implications. Frank congratulates Paul Kangus on Nightly Business Report 30 year anniversary where he began his business reporting career. Just The Early Stages of Economic and Financial Collapse Jobless claims surge, housing starts tumble Back In Reds After Economic Data... Bank results plummet... Angry customer rammed bank with pickup... GOOGLE PROFIT SLIPS FOR FIRST TIME... MICROSOFT stuns with profit miss, job cuts... Roubini: Banking System is “Bankrupt”, “Effectively Insolvent” Previous, wall street frauds’ nirvana (commissioning a huge decline then a huge incline) at just a program loop, button push, mouse click away based on bull s**t alone and ‘Little (wall street) Shop of Horrors’ viz., wall street vegetables clamoring ‘feed me, feed me’ with high (what are they smoking, drinking, snorting) hopes for taxpayer bailout funds and short-covering bear market rally. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so great opportunity to SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME. Motek’s experts: Analyst/options/speculator talks roller coaster ride on wall street regardless of results, banks still in trouble with dilution via government takeovers, talks lessons…please, give us a break…, then risky strategies, ie., risky bonds into riskier equities as if that isn’t that how we got into the continuing mess. Only-the-little-people-pay-taxes geithner, a co-architect of the current mess said food lines long and getting longer even as he dodges taxes (purposefully…after audit and as currently pending appointment, paid back taxes but scofflawed time-barred taxes owed), while economist says geithner a scofflaw and stimulus just more pork. Geithner was “involved in just about every flawed bailout” of the Bush era (On capital hill they were afraid to ask the question as to where is that missing $4 trillion at he ny federal reserve bank which is defacto complicity) Financial Times editor says dramatic prospective action will be very unpleasant for shareholders. S&P 500 Q408 Earnings Now Expected to Fall 28.2% Royal Bank of Scotland to Record $41 Billion loss, State Street profits down 71%, Bad news across the board as Worst Inauguration Day Drop in Dow Industrial History... Roubini Predicts U.S. Losses May Reach $3.6 Trillion Prominent Economist: Crisis Caused By Government Interventions Motek’s experts: Land of fruits and nuts actor/entertainer/speculator/sometimes economist Ben Stein [who previously took a page out of GM’s playbook by lambasting Fortune Magazine (you might recall some two decades ago that Fortune warned of GM managerial ineptitude to which GM responded with outrage and withdrew all advertising and revenue to Fortune thereby in retaliation - if only they had listened) for saying caleefornia is number 1, numero uno ….. as prospectively worse real estate market in the nation, the same Ben Stein who poo-pooed Peter Shiff’s correct prediction of market crash, but did correctly state fed policies hyperinflationary, and also just criticized Shiff’s recent prognostication ( he previously had to apologize to Shiff having done wrongly so before- his criticism of Peter Shiff for warning of this debacle years ago). He throws out a couple of economic terms (demand pull/cost push inflationary terms) to buttress his criticism of Shiff but he’s just out to lunch in citing the absence of demand as militating against Shiff’s inflationary argument since history (and even currently, i.e., zimbabwee) is replete with examples of low demand and or impoverished nations that have over-printed their currencies with hyperinflationary results as will occur in u.s.). Stein should be on the Strip doing stand-up (comedy). He is a joke!] while commenting on the inaugural address (who cares…what do you expect them to say…all talk is cheap in fraudulent america particularly) says in need of specifics, says because he can’t do taxes geithner doesn’t have to, talks gov’t guarantees on loans except for fraud, bad banks/financials, no bottom. Analyst says things getting worse not better, bad equity ratios, banks not sufficiently capitalized, unemployment/job losses yet to hit so worst to come. Economist says recession/depression with 500,000 job losses per month, housing/stock declines, bad bank bailouts with taxpayer money bad idea/bad deal, hopes on stimulus. Peter Shiff says they buy on rumor and sell on fact/reality, TARP/government spending the problem, new lows for financials, eventual dollar collapse, bailing out/subsidizing incompetent high paid executives, get out of any assets connected to u.s., buy gold. Roubini Predicts U.S. Losses May Reach $3.6 Trillion Bloomberg | U.S. financial losses from the credit crisis may reach $3.6 trillion, suggesting the banking system is effectively insolvent. Prominent Economist: Crisis Caused By Government Interventions Steve Watson | People who created the problem are now in charge. Previously, a big suckers’ depression era rally of near 200 points into the close to keep suckers sucked in while churning and earning those commission dollars on decisively bad news (ie., circuit city liquidates/sheds 30,000 jobs, more job cut announcements, manufacturing down 2%, cpi down .7% on lower gas/oil prices but watch for inevitable hyperinflationary effect of worthless Weimar dollars they’re printing like mad, Citigroup -- after suffering a loss of $8.29 billion, its fifth straight quarterly deficit -- is reorganizing into Citicorp and Citi Holdings—what a joke; first will focus on traditional banking around the world, while the second will hold the company's riskier assets and tougher-to-manage ventures; Bank of America slides to 4Q loss; gets more ‘down the rabbit hole’ taxpayer money; how pathetic, unemployment claims at 54,000 for week, 524,000 for prior month, 4.5 million collecting unemployment/64% increase, foreclosures for December up 17%/2nd worst on record and high for ordinarily slow December, etc.), U.S. foreclosure filings in 2008 rose 81% from 2007 , the lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so SELL INTO RALLIES/STRENGTH/TAKE PROFITS/SELL WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME. Retail sales much worse than expected -2.7% and double (100% worse) expected decline with financial sector usual suspects providing other dose of bad news, along with beige book which cites weakness in all districts. Job cuts, job cuts, job cuts, and Jobs cut work schedule with medical leave till June, 2009. Oil inventories up however since economy is so bad demand has substantially weakened. What usually either way would have derailed prospective nominees in past, viz., illegal nannies, failure to pay taxes, etc., has rallied defense of geithner TAX MESS: Panel delays hearing on Obama's Treasury choice..., the new york fed man ( Fed Mob Boss Geithner’s Confirmation Sidelined - too n.y. jewish to fail or be held accountable, in fairness there’s also trump and alito, and bush and clinton, etc., all of whom seem impervious to the laws and rules of civilized governance; owe, oh! how the mighty have fallen, including meaningfully lawless america). Given the state of the nation, who can rationally defend those experienced with having caused the crisis in the first instance (there is the matter of course of campaign finance bribery). HOW ABOUT ASKING GEITHNER ABOUT THE MISSING $4 TRILLION AT N.Y. FED BANK, WHO STOLE IT, ETC., AS A PRE-CONDITION TO HIM EVEN BEING CONSIDERED! THROW THEM, THE FED, WALL STREET FRAUDS, ETC., IN GITMO; THEY’RE CERTAINLY ECONOMIC TERRORISTS, FRAUDS, THIEVES WHO’VE DONE FAR GREATER DAMAGE TO AMERICA THAN ALL AMERICA’S ENEMIES COMBINED. Typical wall street jew madoff will just have to suffer his bail days in his $7.5 million n.y. penthouse apartment. $700-Billion Bailout Lacks Transparency, Accountability, Congressional Panel Says Motek’s (Frank still out but returns on Monday, but will his program still be there after decimating week) experts: Senile Wedbush from the land of fruits and nuts to his credit refers to the extent financial scenario by the “D” for Depression word (he very well may have been around to have experienced the first Great Depression) and borrows refrain from old Springfield song of ‘ Wishin’ and Hopin’ ’…riiiight…Start your own company, ie., apple stands (candy, caramel, or plain); land of fruits and nuts better stick with a taco or tamale stand; hot dog stands…riiiiight! (Previous) Hugh Johnson says earnings recession and lots of going out of business signs. Retail analyst says lots of bankruptcy filings and store closures particularly in select regional/female apparel/jewelry. Hugh Johnson, analyst, says Alcoa much worse than expected a wake up call, earnings below expectations, widespread downturn but much more difficult to forecast than ever (welcomed obfuscation so they can talk the talk and sucker you), oil speculators still in play, bailouts old news but enormous deficits/problems therefrom. Investors Business Daily editor, spend and cut taxes, TARP money not enough, $485.2 record deficit, deficits will continue to grow, will catch up to u.s., long term better…riiiiight…how ‘bout in long term as per keynes we’ll all be dead…if you’d have listened to equities oriented IBD you’d probably be broke by now even if you were as they seem to presume a trader. Analyst Gabriel Isdumb says eventually things will be better…yeah…riiiiight!…right after the depression has run it’s course. Autonation expert says the worst conditions he’s ever seen which he further describes as appalling. All news bad and worse than expected (ie., Alcoa, Citi which received $45 billion in bailout funds and lost $20 billion, etc.). Former chief economist: U.S. in a depression The U.S. Economy is being Marched to the Gallows Andrew Hughes | Predictions of hyperinflation, dollar decline and civil unrest. No Brainer: Bankster Bailout is Unconstitutional Kurt Nimmo | A world system of financial control in private hands will begin the process of delivering feudalism to the American people. The Economy Is in a Depression The economy contracted at about a 5% annual rate in the fourth quarter. Bank of America to receive additional $20 billion International Herald Tribune | The second lifeline brings the government’s total stake in Bank of America to $45 billion and makes it the bank’s largest shareholder, with a stake of about 6 percent. Counterfeiting? Bank of England able to print money without having legally to declare it Bank of America to Get Billions More From Treasury Washington Post | The Treasury Department plans to invest billions of dollars in Bank of America to help the company absorb troubled investment bank Merrill Lynch. Citigroup -- after suffering a loss of $8.29 billion, its fifth straight quarterly deficit -- is reorganizing into Citicorp and Citi Holdings. The first will focus on traditional banking around the world, while the second will hold the company's riskier assets and tougher-to-manage ventures. Bank of America slides to 4Q loss; gets more ‘down the rabbit hole’ taxpayer money. Bernanke: U.S. Financial Crisis Worse than Japan’s Lost Decade, but We’ll Still Copy the Japanese Playbook, Even Though It Didn’t Work Nortel files for bankruptcy, shares plunge , (Reuters) $700-Billion Bailout Lacks Transparency, Accountability, Congressional Panel Says U.S. Retail Sales Decline for a Sixth Month Dismal holidays over, but retail outlook still dim , CITIGROUP Stock Falls Below Critical $5 Level... 'Long-term transformation'... 'Swift decline in America's influence'... Stocks tumble as worries grow about banks... JPMorgan CEO predicts bleak year: report (Reuters) JPMorgan's chief executive predicts that the financial crisis will worsen this year, in an interview with the Financial Times newspaper published on Thursday. Sen Dorgan: Federal Reserve Refuses To Identify Recipients Of 2 Trillion In Emergency Loans Throw them, the fed, in gitmo; they’re certainly economic terrorists, frauds, thieves who’ve done far greater damage to america than all america’s enemies combined. Our Collapsing Economy According to the Bureau of Labor Statistics, nonfarm payroll employment declined by 3,445,000 from December 2007 through December 2008. Marc Faber: “I Think it Might Be Far Worse [Than the Great Depression] Precisely Because of the Interventions” by the Government The latest edition of Marc Faber’s latest newsletter fell off two separate trucks in my ‘hood, and I thought the most useful bits were Faber’s observations (honed from many years of seeing the world from Asia) that just because a market has gone down a ton doesn’t mean it can’t go down a great deal further. U.S. Economy May Shrink 1.5% in 2009 as Depression Stymies Fed Economists slashed forecasts for U.S. growth in 2009 and projected Federal Reserve policy makers won’t be able to start raising interest rates until 2010, according to a monthly Bloomberg News survey Treasury: Deficit hits new record in just 3 months...TREASURY PICK FAILED TO PAY TAXES Bond Bubble Looms ‘The key here is to stay the course and not to be sucked into the hype; don’t let your eyes deceive you. Printing money non-stop for a year (or longer, I don’t see him stopping any time soon) will have consequences (meaning hyperinflation/worthless dollar, etc.).’ Those commerce department job numbers in prior months revised upwards (I warned of the falsity of same even as wall street frauds rallied on the false data). 2.6 million jobs lost in 2008, worst since 1945. Motek’s experts: Financial analyst says treasuries at 0%, money markets near 0%, so seek companies with pristine balance sheets and dividends, negative doldrums as market (irrationally) shrugs off bad news, no magic wand from new president, cross your fingers and hope…..riiiiight! Economist discusses jobs report, says lagging indicator and rough time, savings up but spending down, weakness through at least first quarter of 2010, lots of pain ahead, real estate prices continue decline through coming year, -20% to –25% with land of fruits and nuts in worst case scenario. Another economist also discusses continued declines for real estate with land of fruits and nuts in worst case camp, foreclosures a lot higher with peak at 20%, and cites (probable) decade long stagnation as Japan in ‘90’s. US Debt is really 53 Trillion. Can you say Dollar Collapse then Massive Hyperinflation Coming? Roubini Joins Faber and Rogers in Saying Bubble in Treasuries Will Likely Burst Now the U.S. porn industry seeks $5billion bailout Citi, Morgan Stanley in brokerage talks; Rubin quits $$] Rubin Departs Citi on a Low Note (at The Wall Street Journal Online) Agency warns on automakers' pension funds: report Jobless rate at 16-year high as payrolls plunge Job losses hit 2.6 million as layoff pain deepens Wall Street falls on job woes, Citi Stocks slide after rise in unemployment rate (AP) Manufacturing slumps at fastest pace since 1981 More people collecting unemployment benefits Depression more severe than thought: Fed’s Rosengren Horrible data and again worse than expected but suckers’ bear market rally into the close based on bull s**t and bailouts (with money they don’t have) provides excuse for irrational exuberance and mixed close. Weak retail and unemployment at 26 year high.Motek’s experts: Analyst points to dire warnings across the board while real estate/housing/building analyst says 2009 will be bad year with 20% declines in real estate values as unemployment goes higher while another real estate analyst says not a good time to buy a home. U.S. companies face $409 billion pension deficit: study U.S. debt is losing its appeal in China LET'S PRINT MORE WORTHLESS MONEY! Obama Bets Big on Big Government... Dems Raise Doubts on Plan... A worse-than-expected ADP employment report indicated 693,000 jobs were lost in December far above the expected 493,000 and a warning from Intel (INTC 14.44, -0.93) underpinned early weakness with typical suckers’ rally into the close to finish off lows. Motek’s experts: Analyst says first 5 days of trading in January, 2009 historically a bad sign, gloomy employment scenario with 693,000 jobs lost in December, economic contraction in major way coupled with poor earnings, 1.2 trillion budget deficit at 6.8% of GDP or worse so tough to make bull case, defensive position, low allocation to equities with high capitalization/consumer staples. Oil analyst points to weak economy/jobs data, absence of leveraged money chasing oil and says $60 oil soon. Economist, part of the corrupt fed team discusses job losses. Final expert discusses demographic trends behind and causative of cycles as 1929, 1968, and now, baby boomers, bleak outlook, economically shot their wad in terms of ability to avoid depression. Analyst Predicts 40% Unemployment, No Recovery until 2015 Bear rally over, the great dying begins in corporate America Wall Street falls sharply on employment realities, realistically bleak corporate outlooks Budget deficit to hit $1.2 trillion in fiscal 2009 Intel warns second time on quarter U.S. says Madoff sent diamonds in violation of bail Profit warnings, poor job outlook weigh on stocks (AP) Yes, fed now using the ‘D’ for depression word which means we’re in a depression (after all, they were saying no recession when we were already in one). What are they still drinking, smoking, snorting on wall street with suckers’ bear market rally into the close. They’ll still get their commissions on the way down and maybe stick you with their over-priced dogs as well. Same modus operandi as in January et seq, 2008 when they sucked in the suckers who this time (fool you twice, shame on you) will deserve to be burned for wall street commissions/compensation/ bonuses’ sake as in the year just passed. Service sector (90% of american economy, viz., bull s**t), factory orders, pending home sales down (worst on record) and much worse than expected. Some reality: After a short modest rally in the stock markets, lasting at best if at all, 1 to 4 months after Obama is inaugurated as President, people will realize that Obama’s stimulus plan isn’t going to work. Specifically, it will become obvious that we’re in a Great Depression, and that nothing that Bushco or Obamaco did can get us out of it (it may take a while longer for people to realize that what both administrations did actually made the financial crisis much worse). At that point, the stock market will crash like a waterfall. Mish thinks the crash will leave the S&P at 600. Robert McHugh thinks the crash will drive the S&P to 500 or lower (in McHugh’s worst-case scenario, the S&P could end up at 50). At around the time of the crash, the bubble in long-term treasuries will burst. Retirees and other people who have socked away their money in treasuries will get hit hard. The government itself will start massively buying its own long-term treasuries. Motek’s experts: Art Hogan in straight-shootin’ mode (as opposed to wall street shill mode) focuses (but only briefly) on fed’s depression/deflation words, says quite correctly that the focus has been on the cure (ie., bailouts) rather than the illness, lots of badnews, dismal earnings, etc., only slightly better at best in second half (I don’t think so), stay away from consumer discretionary cos., metals higher, market may be higher at year end (not likely), but rocky road till then (and beyond). Financial times editor says shocked by fed’s 0% move, very scary scenario, the specter of depression/deflation looms large, much too much optimism over Obama prospective stimulus plan. Economy in grip of recession/depression, reports show Stocks end higher on hopes for economic rebound Alcoa to cut 13 pct of global work force The Secular Bear Market Continues Willem Buiter warns of massive dollar collapse Bank Of England Policymaker Predicts Unprecedented Dollar Collapse Car sales plunge heralding bleak 2009 but car stocks rally; construction numbers down but building stocks rally. Will We Have a Good 2009? Not If History Is Any Guide Stocks slip on telecom and financials; Apple jumps on ‘jobs alive’ news…riiiiight! Obama plunges into econ talks, borrows a page from bush economic strategy of spending money you don’t have and cutting taxes, and predicts approval Consumer bankruptcies jumped 33% in 2008 and much worse expected in 2009 including commercial bankruptcies far greater and larger than in 2008 [$$] Don't Get Too Happy About the New Year Check This Graph-Proof we are going into a Great Depression. Notice MASSIVE job losses. Is there really any doubt any longer? The Economist, a Widely Respected and Authoritative Financial/Economic Publication: U.S. In Depression, Not Recession Don’t forget their 2008 talk as now for 2009. The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so great opportunity to SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME. More dismal news for lunatics on wall street to fraud on: ISM factory utilization index fell to the lowest level in over 28 years. Factories mired in worst slump in 28 years They’re printing worthless Weimar dollars like mad for the celebrated bailouts, bailouts, bailouts, and stimulus so stimulating. Motek’s experts: First expert talks up superstition, the so called ‘january effect’ saying if positive this month then the worst case scenario is –5% for DOW/S&P for the year, so the frauds on wall street are really shootin’ for the moon (lunatics) for the effect, still in recession but bear market rallies not bad but not for buy and hold crowd, dump non-performers, favors medical devices/health care related, disfavors autos/financials. Another expert who scans/digests newsletters says market/newsletter euphoria contra-indicated, new lows are coming, the best funds in 2008 were short or cash. News typically bad: Difficulty tracking and monitoring bailout money…Daaaaah! Understated unemployment numbers still at recession/depression levels (4.65 million); retail correction-bankruptcies, closings, fewer stores. Motek’s experts: Peter Shiff says it’s not the disease but the government cure that will kill us, dire forecast for 2009 and beyond-inflation, companies going out of business, commodity prices higher, world’s largest debtor america is bankrupt, more borrowing/spending their failed prescription, bleak picture for dollar the value of which will be halved and high probability that the decline will be 70-90%, gold higher and $2000 gold in not so distant future, oil much higher and $200 oil in next couple of years, stocks will continue to decline, on the long side he favors quality EU, Asia securities and precious metals particularly monetary metals gold, silver. Oil analyst says oil too cheap, geopolitical factors, (israel war mongering, war crimes, etc.; Russia/Ukraine dispute-cut gas supplies affecting Europe), oil to $60-70 rather quickly, gasoline demand anemic but oil price the factor. It’s time for ben stein to resign himself to just a land of fruits and nuts actor/entertainer/speculator as he lambasts Shiff’s prognostication ( he previously had to apologize to Shiff having done wrongly so before- his criticism of Peter Shiff for warning of this debacle years ago). He throws out a couple of economic terms (demand pull/cost push inflationary terms) to buttress his criticism of Shiff but he’s just out to lunch in citing the absence of demand as militating against Shiff’s inflationary argument since history (and even currently, i.e., zimbabwee) is replete with examples of low demand and or impoverished nations that have over-printed their currencies with hyperinflationary results as will occur in u.s.). Stein should be on the Strip doing stand-up (comedy). He is a joke! Suckers' bear market rally into the close to keep the suckers suckered on NEWS MUCH WORSE THAN ALREADY DISMAL EXPECTATIONS ACROSS THE BOARD: S&P/Case-Shiller Composite Index, October home prices were down 18% year-over-year, the largest drop on record. According to the U.S. Conference Board, consumer confidence dropped more than expected to an all-time low in December AT 38%. Record number of bankruptcies and particulary hard hit commercial sector in coming year, ie., malls, retail, etc.. Worse stock market declines for the year since 1931 (Great Depression) and worse to come in 2009 despite suckers’ bear market rallies to keep you sucked in. Put these wall street frauds in jail and force disgorgement of their fraudulent gains. There are loads of able new grads and job seekers who can take the place of the wall street frauds who caused the crisis owing to their own avarice and continue the coverup to get taxpayer bailout funds. The markets should be efficient and predicated on rational valuation which is totally absent in america’s fraudulent, manipulated markets. Absent prosecution and disgorgement in these ongoing multi-trillion dollar fraud schemes (new ponzi scheme uncovered in addition to madoff, which are just tips of the iceberg of multi-trillion dollar frauds), america will not be worth the paper the worthless Weimar dollars and worthless securities denominated in same are printed on. Non-Motek expert: markets to fall into 2010 or worse case, later. Motek experts: They discuss dismal news, for year DOW-35%, NASDAQ-42%, S&P-40%, $7-10 trillion in wealth destroyed, second-half inflation from printing worthless Weimar dollars/stagflation; another expert, consumer has collapsed, 2009 will be very tough year for autos; a real estate analyst says 2009 will be a very tough year and hopefully we’ll get through this…..riiiiight!…I don’t think so…Almost one in 10 Floridians are on food stamps Online holiday sales fall 3 percent Madoff liquidation trustee receives $28M for costs (AP) Charlotte, NC, home values post record decline (AP) Wrong Great Depression Lessons Will Haunt Equities in 2009 73,000 retailers to close in first half of 2009, Stocks Rally Bloomberg | U.S. retailers face a wave of store closings, bankruptcies and takeovers starting next month as holiday sales are shaping up to be the worst in 40 years There’s No Pain-Free Cure for Recession/Depression Schiff: Government Interference Only Makes The Problem Worse Paul Joseph Watson | Establishment talking heads still pushing useless and destructive bailout. A Ponzi Scheme Within A Ponzi Scheme Bob Chapman | Dwarfing the Madoff Ponzi scheme is the Social Security Ponzi scheme that has been looted (the iou’s) and is hopelessly insolvent. This on top of previous suckers' bear market rally into the close with 100+ point swing to the upside to keep the suckers suckered. Time for prosecutions of and disgorgement of ill-gotten multi-trillion dollar gains from the frauds on wall street; madoff is just the tip of the iceberg; all news decisively bad and worse than even dismal expectations except that the frauds on wall street continue their familiar suckers cheer for bailouts, bailouts, bailouts so SELL INTO STRENGTH/TAKE PROFITS/SELL! Motek experts: At best, bear market rally, his accounts 20-25% cash, can make bearish argument since still looking at writeoffs, government still must sell bonds to help finance bailouts, municipal bonds troublesome as iou’s might extend maturities, don’t try to catch falling knife in this market but some high quality bonds may offer value, dollar to take hit (they’re printing worthless weimar dollars like mad-hyper-inflationary); Oil expert says overshot to downside and will see turn-around in oil; U.N. Security Council condemns massacre by zionist israel. Pros Say: Employment Collapse is Coming Holiday Sales Slump to Force U.S. Store Closings, Bankruptcies Manufacturing, Home Prices Sank: U.S. Economy Preview Holiday Sales Tumble as US Consumers Reduce Luxury Purchases Bleak economic picture emerges from new data Retail Sales Plummet Holiday Sales Tumble as US Consumers Reduce Luxury Purchases Bleak economic picture emerges from new data The frauds on wall street say they are entitled to the obligatory santa claus rally and attempt to keep you suckered in for their commissions sake with small gains on bull s**t/fraud alone in holiday shortened light trading, but reality says every day the market’s above 2,000-5,000 on the DOW, 1,000-1,300 on the NASDAQ, and 500-600 on the S&P is a ‘santa clause rally, so SELL INTO STRENGTH/TAKE PROFITS/SELL as all news decisively bad and worse than even dismal expectations except that the frauds on wall street continue their familiar suckers cheer for bailouts, bailouts, bailouts, with ephemeral short-covering to lock in year-end gains for window dressing and much, much worse to come. Unemployment up more than expected at 26 year high and consumer spending down for fifth month in a row. In their typically corrupt way, scandal-scarred commerce department provides fake data for b.s. talking points far better than private economist estimates but still decline of 1% in durable goods new orders. Oil's slide came in the face of a surprise inventory draw, which suggests stronger-than-expected demand for the commodity as Department of Energy reported that oil inventories for the week ending Dec. 19 decreased by 3.10 million barrels. Analyst: One Third Of Banks To Collapse In 2009 U.S. Economy: Home Prices Fall At Depression Pace Recession/depression deepens, countries boost spending Previously, just modest losses relative to reality so SELL INTO STRENGTH/TAKE PROFITS/SELL as all news decisively bad and worse than even dismal expectations except that the frauds on wall street continue their familiar suckers cheer for bailouts, bailouts, bailouts, with much, much worse to come. Existing home sales plunged to a rate of 4.49 million last month, down 8.6 percent from October, and worse than economists predicted. Total sales, not calculated as an annual rate, fell 17 percent in November from a year earlier to 322,000, sales of newly built homes fell 2.9 percent from October to a pace of 407,000 units, the slowest rate in nearly 18 years. Madoff investor found dead of suicide. Standard & Poor's lowered the unsecured debt rating of General Motors (GM 3.01, -0.51) to C from CC, even though the government plans to provide GM with financing and Moody's lowered Ford's (F 2.19, -0.40) credit rating to Caa3. Final third quarter GDP data showed economy contracted at an annualized rate of 0.5%, unchanged from the prior reading though personal consumption component was down 3.8%. Motek’s experts: actor/speculator/entertainer/sometimes economist Ben Stein takes a page out of GM’s playbook by lambasting Fortune Magazine (you might recall some two decades ago that Fortune warned of GM managerial ineptitude to which GM responded with outrage and withdrew all advertising and revenue to Fortune thereby in retaliation - if only they had listened) for saying caleefornia is number 1, numero uno ….. as prospectively worse real estate market in the nation, the same Ben Stein who poo-pooed Peter Shiff’s correct prediction of market crash, but does correctly state fed policies hyperinflationary; LA economist jumps on the Ben Stein out-to-lunch bandwagon and says only 10%, not 25% (as consensus predicts), decline for caleefornia…..riiiiight…..take that to the bank; broad donates to MOCA; show biz expert- strike fear; and Shreve of IBD flips yet again-if only we were all traders…but if you had followed his every whim, only the frauds on wall street would have made out with substantial commissions in the ups/downs. IMF warns of Great Depression 100% chance of depression in US Depression Hits Detroit: Average home price $18,513 - Unemployment rate 21% U.S. Home Resales Fall; Prices Drop by Record 13.2% Congressman: “If We’re Not Very Lucky Or If We Don’t Do Everything Right, We Could Easily Have A Ten- Or Fifteen-Year Depression” World faces “total” financial meltdown: Bank of Spain chief Previous suckers bear market rally into the close with 150 point swing to the upside based on bull s**t and fraud in the inducement alone to keep the suckers sucked in and commission dollars flowing for modest losses relative to reality so SELL INTO STRENGTH/TAKE PROFITS/SELL as all news decisively bad and worse than even dismal expectations except that the frauds on wall street do their familiar suckers cheer for bailouts, bailouts, bailouts, with much, much worse to come. Motek’s experts:Economist says economy in full-out recession, aggregate demand down across the board, abusers are not lubrication for economy so should not get bailout, another 25% down for real estate prices as foreclosures also will continue but lower prices will eventually stimulate demand, fed focused now on long-rates, cites housing/finance/consumer debacles and no recovery till at least into 2010 at best (I don’t think so); oil expert says contract now February delivery on expiration of January contract and flood of selling on expiring contract temporarily depressed prices, oil more expensive in future, discusses boom/bust cycle (we’re in the bust part); another cites high redefault rate on modified mortgages and more foreclosures; auto analyst points to Toyota showing first loss since 1941 inception, global downturn with no nation spared, reckoning for 15-20 years of bad decision-making, 2009 very grim, 2010 at best for even minimal improvement (I don’t think so); Online e-commerce expert cites first flat to down year of online retail sales growth; downgrades GM, american Express, Ford, etc.. World faces “total” financial meltdown: Bank of Spain chief Housing crisis worsens as economy weakens Japan recession deepens, China cuts rates Great Recession/Depression of 2008, et seq., Worse Than All Others AP Impact: Wall Street still flying corporate jets; indeed, with all the bashing of auto rank and file employee pay, the reality is that american executives, among the least able, least talented in the world, along with fraudulent wall street are grossly overpaid and far exceeding that of their far more able foreign counterparts (AP) Where'd the bailout money go? Shhhh, it's a secret (AP) Housing crisis worsens as economy weakens Ratings Agencies Play Reality With Multiple Downgrades in Banking Sector (at Seeking Alpha) Previous mixed to modest losses relative to reality so sell into strength/take profits/sell as all news decisively bad and worse than even dismal expectations except that the frauds on wall street do their familiar suckers cheer for bailouts, bailouts, bailouts. Motek’s analyst/options expert predicts controlled bankruptcy for at least GM (maybe more), cites Fitch downgrade of GM’s credit/default rating and says GM within weeks of default. Oil analyst cites recession, week demand, over-supply also stating storage facilities full and resorting to offshore tankers to store excess oil. Media analyst says economic model for newspaper/media business broken. Rogers: The Incompetent Senile and Vegetables Have Turned A Recession Into A Depression He Saw the Crash Coming: What Gary Shilling Sees for 2009 Yes, Shilling’s using the d for depression word so If video unavailable, here for avi rendering SCROOGE BIDEN: ECONOMY IS 'ABSOLUTELY TANKING' Previously, recession/depression level 554,000 new unemployment claims (I’m sure in reality, far worse but still bad) pre-Christmas so wait till the post-Christmas numbers are out – nowhere to hide those but they’ll try. Motek scraping bottom of barrel for second day in a row and comes up with another land-of-fruits-and-nuts man, the senile wedbush who discusses his comrade madeoff with other peoples money, poo-poos the purported amount, says market not doing badly considering the dismal news (at least he is lucid enough to realize dismal - market should be between 2,000 to 5,000 on the DOW, 500-600 on S&P, 1,100 to 1,300 on NASDAQ based upon the dismal but real and probably far worse than reported data) and points to auto scenario, oil plunge, and madoff fraud for doldrums. Oil analyst says pressure on commodities generally, liquidation on expiration of January (2009) oil contracts and liquidation of positions, but February (2009) contracts back to $40+ rather quickly, and points to decreased current and prospective refinery capacity on thin to low margins. A Most Desperate Move by the Fed Dollar’s Slump Erases Months Of Solid Gains “The Biggest Bubble Of All . . . U.S. Government Debt” Video: Crash Will be Worse than Great Depression Editorial: What ails global financial system ‘The $50 billion investment fraud to which the respected New York financier and former NASDAQ Chairman Bernard L. Madoff has allegedly confessed, may prove to be the paradigm for all that has gone wrong with the international financial system. It points up the greed, incompetence and woeful wishful thinking that have all combined to produce economic meltdown and plunge the world into recession. Most staggering is the stupidity of both regulators (and government corruption/venality vis-à-vis wall street) and professional investors in failing to spot that for at least a decade, at the heart of his hedge fund operations, Madoff was running a pyramid scheme. This relied on new investment funds to pay out market-beating returns to existing investors…..’ THIS IS WALL STREET EVERY DAY WITH THEIR EATING AWAY AT OTHER PEOPLES MONEY TO THE TUNE OF HUNDREDS OF MILLIONS OF DOLLARS A DAY (BILLIONS A YEAR AND NOW BILLIONS IN TAXPAYER BAILOUT FUNDS FOR THEIR FRAUD) BASED ON NOTHING BUT BULL S**T AND FRAUD! U.S. Records Huge Current Account Deficit Fed unleashes greatest bubble of all Canadian Prime Minister Stephen Harper believes a depression is COMING Peter Schiff new VIDEO on the Coming Collapse Dec 16 Swiss gold bullion in huge demand as trust in banks dives Goldmine Sachs: Bank’s bonuses cut to a ‘mere’ £142,000 EACH Investment bank /taxpayer bailout funds recipient Goldman Sachs is to pay £4.3billion in bonuses to its City workers. Dollar Falls Most Against Euro Since 1999 Debut on Fed’s Rate Dollar Declines to 13-Year Low Against Yen After Fed Rate Cut Federal spending soars 25% -- even before bailout... Previous, building permits declining 15.6% to a seasonally adjusted annual rate of 616,000 (below the consensus of 700,000), housing starts data for November declined 18.9% from the prior month to an annualized rate of 625,000 units, which was below the consensus of 736,000 and are 47% below the year-ago level, fed desperation (they don’t know what they’re doing – remember their pronouncement -no recession- when we were already in one), Weimar dollar down sharply, Federal Reserve sets stage for Weimar-style Hyperinflation , etc., so sell into these suckers bear market rallies/strength/take profits while you can since much, much worse to come. Economist Brusca “the economy is sinking fast”, FOMC states that “data indicate deteriorating labor conditions and declining consumer spending, business investment, and industrial production, and the outlook for economic activity has weakened further”, F. William Engdahl “The US economy is in a depression free-fall of a scale not seen since the 1930’s”, Kellner cites ‘helicopter ben’ (bernanke), BILLIONS VANISH IN EPIC HEDGE FUND FRAUD Downturn Spurs “Survival Panic” for Some in the U.S. Motek Experts: Art Hogan more realistically candid than usual cites all bad news, very difficult times, near term lows but no recovery for economy, hope is that second half of 2009 is better than first half (NOT!), cites lost decade in Japan with 0% interest rates, negative growth through fourth quarter 2009, longest recession (depression) in modern times, market hopefully better in second half of 2009 anticipating better 2010 (NOT!), bottoming of energy/commodities, worth looking at consumer goods/staples focused on what you need versus what you want; economist points to bankruptcies up, housing starts down; Zandi of Moody’s says not getting better but worse, most credit card holders will not benefit from rate cut; currency expert says interest rate cuts increasingly irrelevant, fed buying bonds driving asset prices higher and displacing private sector with prospectively negative results; and finally, Peter Shiff cites fed action as irresponsible, destroying value of money, bear market, money not worth anything, negates any rise in paper dollar-denominated securities (SELL), says buy gold because of u.s. hyperinflation. Previous, news worse than bad and to get much worse but full moon manifest on lunatic asylum for the criminally insane wall street. More banks reveal Madoff exposure The ‘while you can’ part of sell/take profits manifests and will worsen Citadel suspends redemptions from two hedge funds Stupidity not limited to u.s. where fraud is rampant Geneva banks lost more than $4 billon to Madoff: report This modest retreat and previous suckers bearmarket rally on bull s**t alone with familiar mantra still ringing today; viz., everything but the facts: forget the layoffs Coming soon to U.S., 1 million jobs lost every month: Report , forget the foreclosures Foreclosure Storm Will Hit US in 2009 as Loan Changes Fail Bloomberg , forget declining retail sales Retail sales post big drop in November , forget the $1 trillion record budget deficit , trade deficits, worthless fraudulent securities, lower earnings/guidance/outlook, the topic (b.s. talking point) de jour for the lunatic (yes, full moon) frauds on wall street is bailouts, bailouts, bailouts (not to mention there’s no real money to pay for same – print/create more worthless Weimar dollars – hyperinflationary Federal Reserve sets stage for Weimar-style Hyperinflation – even now despite fake reports and worse to come), and from well respected wall street fraud madoff, "it's all just one big lie" and that it was "basically, a giant Ponzi scheme," which is fraudulent wall street in a nutshell. Madoff fraud case raises questions about SEC (AP) and even bigger questions about fraudulent wall street and their washingtonian/federal/state facilitators. Builders sentiment reading at 9 (anything less than 50 is negative/pessimistic). Motek’s legal expert correctly points to funds problems with meeting redemptions and paraphrases J.P. Morgan’s immortal words concerning investing by saying as is particularly relevant now, It’s not return on investment, but return of investment (that really counts). Banks hit worldwide by US 'fraud' . How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? Prosecute and throw them in jail and make them cough up their stolen multi-billion spoils. Not just super rich caught up in $50B Madoff case . The previous suckers bear market rally was/is based on bull s**t alone; namely, now it’s the prospective bailouts/spending programs with money that does not really exist (print/create more, borrow more, etc.). 1) Keynesian economics (government stimulus) does not work when a defacto bankrupt nation becomes more bankrupt to bailout frauds/perpetrators/creators of the problem and to create make-shift purported infrastructure jobs to enhance consumption 2) Inherent structural problems, i.e., trade/budget deficits will continue unabated and in the case of the latter, substantially increase – deeper hole 3) While spending on infrastructure is warranted, there is no productive enhancement in economic terms as in less modern times when, i.e., national highway system, etc., enhanced GDP growth and productivity. US Depression Likely -The Truth Is Here , Coming soon to U.S., 1 million jobs lost every month: Report , America Has No Means to Recover from a Depression FARRELL’S 15 GHOSTS OF WALLSTREET/ECONOMIC PAST/PRESENT/FUTURE Home values to lose well over $2 trillion during 2008: Zillow Homes in the United States have lost trillions of dollars in value during 2008, with nearly 11.7 million American households now owing more on their mortgage than their homes are worth, real estate website Zillow.com said on Monday. (Remember: more contrived wasteful commissions to the wall street frauds, the level and percentage of which MUST be examined in light of computerization and decreased costs attendant to same especially since only AN EXTREMELY Small Fraction Of What wall street Does Is A Net Positive For The Economy (New Investment Capital via, ie., ipo’S), The Rest Is Tantamount To A (Economically) "Wasteful Tax" (On The Economy) via 'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer bailout funds for the perpetrators of the massive securities fraud are actually going toward multibillion dollar bonus/compensation packages. . How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 879) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 BILLIONS VANISH IN EPIC HEDGE FUND FRAUD All news worse than bad and to get much worse but full moon manifest on lunatic asylum for the criminally insane wall street. More banks reveal Madoff exposure The ‘while you can’ part of sell/take profits manifests and will worsen Citadel suspends redemptions from two hedge funds Stupidity not limited to u.s. where fraud is rampant Geneva banks lost more than $4 billon to Madoff: report This modest retreat and previous suckers bearmarket rally on bull s**t alone with familiar mantra still ringing today; viz., everything but the facts: forget the layoffs Coming soon to U.S., 1 million jobs lost every month: Report , forget the foreclosures Foreclosure Storm Will Hit US in 2009 as Loan Changes Fail Bloomberg , forget declining retail sales Retail sales post big drop in November , forget the $1 trillion record budget deficit , trade deficits, worthless fraudulent securities, lower earnings/guidance/outlook, the topic (b.s. talking point) de jour for the lunatic (yes, full moon) frauds on wall street is bailouts, bailouts, bailouts (not to mention there’s no real money to pay for same – print/create more worthless Weimar dollars – hyperinflationary – even now despite fake reports and worse to come), and from well respected wall street fraud madoff, "it's all just one big lie" and that it was "basically, a giant Ponzi scheme," which is fraudulent wall street in a nutshell. Madoff fraud case raises questions about SEC (AP) and even bigger questions about fraudulent wall street and their washingtonian/federal/state facilitators. Builders sentiment reading at 9 (anything less than 50 is negative/pessimistic). Motek’s legal expert correctly points to funds problems with meeting redemptions and paraphrases J.P. Morgan’s immortal words concerning investing by saying as is particularly relevant now, It’s not return on investment, but return of investment (that really counts). Banks hit worldwide by US 'fraud' . How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? Prosecute and throw them in jail and make them cough up their stolen multi-billion spoils. Not just super rich caught up in $50B Madoff case . The previous suckers bear market rally was/is based on bull s**t alone; namely, now it’s the prospective bailouts/spending programs with money that does not really exist (print/create more, borrow more, etc.). 1) Keynesian economics (government stimulus) does not work when a defacto bankrupt nation becomes more bankrupt to bailout frauds/perpetrators/creators of the problem and to create make-shift purported infrastructure jobs to enhance consumption 2) Inherent structural problems, i.e., trade/budget deficits will continue unabated and in the case of the latter, substantially increase – deeper hole 3) While spending on infrastructure is warranted, there is no productive enhancement in economic terms as in less modern times when, i.e., national highway system, etc., enhanced GDP growth and productivity. US Depression Likely -The Truth Is Here , Coming soon to U.S., 1 million jobs lost every month: Report , America Has No Means to Recover from a Depression FARRELL’S 15 GHOSTS OF WALLSTREET/ECONOMIC PAST/PRESENT/FUTURE Home values to lose well over $2 trillion during 2008: Zillow Homes in the United States have lost trillions of dollars in value during 2008, with nearly 11.7 million American households now owing more on their mortgage than their homes are worth, real estate website Zillow.com said on Monday. (Remember: more contrived wasteful commissions to the wall street frauds, the level and percentage of which MUST be examined in light of computerization and decreased costs attendant to same especially since only AN EXTREMELY Small Fraction Of What wall street Does Is A Net Positive For The Economy (New Investment Capital via, ie., ipo’S), The Rest Is Tantamount To A (Economically) "Wasteful Tax" (On The Economy) via 'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer bailout funds for the perpetrators of the massive securities fraud are actually going toward multibillion dollar bonus/compensation packages. . How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 879) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 Previous session, modest decline relative to reality so still great opportunity to sell/take profits since much, much worse to come! All news decisively bad and much worse than expected with trade deficit up 1.1%, dollar down, unemployment claims up 573,000 a 26 year high, 28% increase in foreclosures, bailout recipient BofA to cut 35,000 jobs, many other prospective job cuts announced, economic group changes previous forecast to worse/long recession, Bernard Madoff arrested over alleged $50 billion fraud Madoff told senior employees of his firm on Wednesday that "it's all just one big lie" and that it was basically, a giant Ponzi scheme (the fraudulent wall street story in a nutshell) , BANK OF AMERICA to cut 35,000 jobs... , ...final could be higher , Shocking but true claim: Most big banks 'bankrupt'... , New unemployment claims surge unexpectedly , Ron Paul: Printing Money Only Prolongs The Pain Amidst the hand-wringing of the automaker bailout debate, Ron Paul took the opportunity on the House floor yesterday to remind Congress that the real culprit behind the financial crisis is the Federal Reserve, and that allowing the Fed to continue to print money without audit will only prolong the pain. , US budget deficit to reach USD 1 trillion , Jim Rogers calls most big U.S. banks “bankrupt” Jim Rogers, one of the world’s most prominent international investors, on Thursday called most of the largest U.S. banks “totally bankrupt,” and said government efforts to fix the sector are wrongheaded. CORRECTED - CORRECTED-(OFFICIAL)-UPDATE - Wells Fargo to take $40 bln Q4 charge , German FM criticises Britain’s ‘crass Keynesian’ policies: report and read again previous session, forget the layoffs Coming soon to U.S., 1 million jobs lost every month: Report , forget the foreclosures Foreclosure Storm Will Hit US in 2009 as Loan Changes Fail Bloomberg , forget declining retail sales Retail sales post big drop in November , forget the $1 trillion record budget deficit , trade deficits, worthless fraudulent securities, lower earnings/guidance/outlook, the topic (b.s. talking point) de jour for the lunatic (yes, full moon) frauds on wall street is bailouts, bailouts, bailouts (not to mention there’s no real money to pay for same – print/create more worthless Weimar dollars – hyperinflationary – even now despite fake reports and worse to come) , suckers bear market ralley to keep the suckers sucked in so great opportunity to sell/take profits since much, much worse to come! This suckers bear market rally is based on bull s**t alone; namely, now the prospective bailouts/spending programs with money that does not really exist (print/create more, borrow more, etc.). 1) Keynesian economics (government stimulus) does not work when a defacto bankrupt nation becomes more bankrupt to bailout frauds/perpetrators/creators of the problem and to create make-shift purported infrastructure jobs to enhance consumption 2) Inherent structural problems, i.e., trade/budget deficits will continue unabated and in the case of the latter, substantially increase – deeper hole 3) While spending on infrastructure is warranted, there is no productive enhancement in economic terms as in less modern times when, i.e., national highway system, etc., enhanced GDP growth and productivity. US Depression Likely -The Truth Is Here , Coming soon to U.S., 1 million jobs lost every month: Report , America Has No Means to Recover from a Depression (Remember: more contrived wasteful commissions to the wall street frauds, the level and percentage of which MUST be examined in light of computerization and decreased costs attendant to same especially since only AN EXTREMELY Small Fraction Of What wall street Does Is A Net Positive For The Economy (New Investment Capital via, ie., ipo’S), The Rest Is Tantamount To A (Economically) "Wasteful Tax" (On The Economy) via 'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer bailout funds for the perpetrators of the massive securities fraud are actually going toward multibillion dollar bonus/compensation packages. . How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 848) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 Previous, modest decline relative to reality so still great time to sell/take profits since much, much worse to come. Wall Street stung by risk-aversion and realistically bleak outlooks , Point of no return: Interest on T-bills hits zero , Tightening Budgets Mean a Rough Ride for IT , FIRST TIME: Treasury Bills Trade at Negative Rates... . Previous, suckers bear market rally based on bull s**t alone; namely, now the prospective bailouts/spending programs with money that does not really exist (print/create more, borrow more, etc.). 1) Keynesian economics (government stimulus) does not work when a defacto bankrupt nation becomes more bankrupt to bailout frauds/perpetrators/creators of the problem and to create make-shift purported infrastructure jobs to enhance consumption 2) Inherent structural problems, i.e., trade/budget deficits will continue unabated and in the case of the latter, substantially increase – deeper hole 3) While spending on infrastructure is warranted, there is no productive enhancement in economic terms as in less modern times when, i.e., national highway system, etc., enhanced GDP growth and productivity. US Depression Likely -The Truth Is Here , Coming soon to U.S., 1 million jobs lost every month: Report , America Has No Means to Recover from a Depression (Remember: more contrived wasteful commissions to the wall street frauds, the level and percentage of which MUST be examined in light of computerization and decreased costs attendant to same especially since only AN EXTREMELY Small Fraction Of What wall street Does Is A Net Positive For The Economy (New Investment Capital via, ie., ipo’S), The Rest Is Tantamount To A (Economically) "Wasteful Tax" (On The Economy) via 'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer bailout funds for the perpetrators of the massive securities fraud are actually going toward multibillion dollar bonus/compensation packages. . How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 848) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 Previous suckers’ bear market rally on far worse than expected and particularly significant bad news provides great opportunity to sell/take profits, especially considering fraudulent wall street’s previous modus operandi to keep suckers sucked into this market and their commission dollars flowing, suckers’ rallies into the close, reassuring rallies prior to weekends as this despite unexpectedly bad news as today, etc., which frauds perpetrated the yet unprosecuted crimes that have created this current financial debacle. Record 1.33 homes in foreclosure,15 year high for unemployment at 6.7% even as many no longer looking with things so depressed and worse to come in ’09, record level deficits both trade and particularly budget with money not there being spent with abandon (worthless Weimar dollars being printed created like mad which is and will continue to be hyperinflationary regardless of the current fake reports). Motek has actor/speculator/entertainer/sometimes economist Ben Stein points to loans in foreclosure hitting new records, paulson misconduct, lack of oversight/accontability in bailout funds, and the seriousness of the crisis, but his pointed barbs seem fleeting and is most memorable by his somewhat blind adherence to policy as indicated by his criticism of Peter Shiff for warning of this debacle years ago. Motek’s oil analyst says economy so bad that oil demand down, significant recession in 2009, and hedge funds liquidating positions putting pressure on oil prices. Finally, Motek elicits from Peter Shiff that jobs created are being destroyed as fast, phony jobs, bear market and government making worse by digging deeper hole, phony (worthless Weimar) dollar rally provides opportunity to get out with hyperinflation to come. GREAT OPPORTUNITY TO SELL INTO THIS SUCKERS’ BEAR MARKET RALLY/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME. 3 Tell Tale Signs Of This Sucker Rally , Half-million jobs vanish as economy deteriorates (AP) , Job losses worst since 1974 Employers cut 533K jobs in Nov., most in 34 years , Late mortgage payments and foreclosures hit record , 1 in 10 homeowners behind on mortgage payments, or in foreclosure... , Wall St financiers party like there's no tomorrow -- literally WHERE ARE THE CRIMINAL PROSECUTIONS AND DISGORGEMENT? It’s been wall street frauds’ nirvana (commissioning a huge decline then a huge incline) at just a program loop, button push, mouse click away. Previous session, modest declines relative to reality SO STILL GREAT OPPORTUNITY TO SELL INTO SUCKERS’ BEAR MARKET RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME. CELENTE OF trendsresearch.com, having predicted the Panic of 2008 now preparing current prognostications for 2009 which will bear the consequential follow-up title to the Panic of 2008; namely, The Collapse of 2009, further stating there’s nothing they’ve done or prospectively can do to avoid the complete economic/financial collapse in the u.s., the seeds for which have already been sown, good money after bad notwithstanding, the die having been cast. All business/financial/economic news decisively bad; 26 year high for jobless rolls, orders to factories down sharply, job cuts current and prospective up sharply. Motek expert comments on auto bailout saying no new concesions with UAW cuts merely cosmetic, just down payment on failed business model/scenario, bankruptcy necessary as costs too high, and on economy says nation to go deeper into recession owing to intactable structural problems; i.e., deficits, etc.. Another Motek expert says very negative economic environment, sees deepening of more prolonged recession, discusses risk tolerance in such an environment recommending highest quality debt instruments but does note risk premium in lesser quality instruments. Food stamp use up 17% to 1 in 10 citizens, bankruptcies soaring, and re-default rates on mortgages rising. Employers shedding jobs as recession deepens , AP IMPACT: Some bailout holdings down $9 billion , Governments brace for long crisis ahead , High inventory is killing home builders; industry asks for help , It's Not a Great Time to Get Into Stocks , Long Term Investors Should Avoid Leveraged ETFs , Fixing the Enron Economy , US FEDERAL RESERVE to buy US DEBT? WITH WHAT? , Prepare For Depression Level Unemployment , Record number of Americans using food stamps: report , Whether We End Up Paying For It Through Taxes Or Hyperinflation, It Will Still Come Out Of Our Pockets , Corporate Debt Protection Costs Climb Amid Depression Concern , Shoppers ready to call it quits MarketWatch | More than one-third of consumers chose not to shop at all last month, except on Black Friday, according to Britt Beemer of America’s Research Group. Lawsuit claims Citigroup was running a “quasi-Ponzi scheme” Bloomberg | Citigroup Inc., the second-biggest U.S. bank by assets, was accused in a lawsuit of repackaging unmarketable collateralized debt obligations it held and re-selling them to itself in order to hide its exposure to the securities. WHERE ARE THE CRIMINAL PROSECUTIONS AND DISGORGEMENT? Previously, suckers’ bear market rally into the close on bad news with wall street frauds’ nirvana (commissioning a huge decline then a huge incline) at just a program loop, button push, mouse click away. Indeed, all news still realistically and decisively (and some deceptively otherwise spun to keep suckers suckered) bad: A Bleak Outlook: Nov. Job Loss at 250,000, Economic Weakness , US, China currency clash over worthless american currency..., 61% oppose auto bailout , Meredith Whitney Sees Plenty of Pain Ahead for Consumers (at BusinessWeek) , Desperate Times, Desperate Policies ) . One non-Motek expert says these suckers’ bear market rallies on bad news are at best wishful thinking and not sustainable along with realistically dire outlook. Motek expert says market for speculators/traders and points to volatility index while failing to point out that there are very, very few successful traders. [Close inspection of the data in past times far better than now (now we see insurmountable trade/budget deficits, lack of manufacturing base, global antipathy, etc.) disavows such heavily promoted failed strategies as dollar-cost averaging where stocks prices remain artificially (now fraudulently) high for far longer periods of time than lower prices (MBA Thesis, Albert L. Peia, NYU GBA, 1977), limited exceptions being ie., dollar-cost averaging in declining markets, but only when analysis indicates under-valuation in prospective terms which is certainly isn’t the case now of rampant over-valuation/fraud]. (Remember: more contrived wasteful commissions to the wall street frauds, the level and percentage of which MUST be examined in light of computerization and decreased costs attendant to same especially since only AN EXTREMELY Small Fraction Of What wall street Does Is A Net Positive For The Economy (New Investment Capital via, ie., ipo’S), The Rest Is Tantamount To A (Economically) "Wasteful Tax" (On The Economy) via 'churn and earn' computerized programmed trades). Moreover, the ballooning taxpayer bailout funds for the perpetrators of the massive securities fraud are actually going toward multibillion dollar bonus/compensation packages. . How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 848) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 , Auditors Fault Oversight of Bailout Funds...Previous suckers’ bear market rally in the last minutes of the close on bad news with wall street frauds’ nirvana (commissioning a huge decline then a huge incline) at just a program loop, button push, mouse click away. Indeed, all news still realistically and decisively (and some deceptively otherwise spun to keep suckers suckered) bad: GE lowers guidance but maintains dividend , November US auto sales drop to 26-year low , Data signal deep global downturn Financial Times , US manufacturing hits 26-year low: ISM . How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 848) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 , Auditors Fault Oversight of Bailout Funds... , Governors to Seek Up to $100B in Social Aid... ,
Feds to expand rescue; reviewing applications from 'hundreds of banks'...
FDIC head: Gov't plan needs 'exit strategy'... , Metal prices fall further than during Great Depression... , they’re printing and spending worthless Weimar dollars and taxpayer funds like mad because they are mad as in crazy, incompetent, etc.. Previous session sees modest drop relative to reality [SO SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME], particularly when you factor in the reality that the prior 5 day rally of 1,300 points into the last trading week of the month (much like the end of the prior month) based on bull s**t alone was a typical fraudulent wall street programmed trade fraud to window dress the monthly numbers and keep suckers sucked in (and besides, they’ll get their commissions again on the way down). Upon the formal announcement that we’ve been in recession since DECEMBER, 2007 I was waiting for Amy Poehler of SNL Weekend Update to say, “REALLY!” [this site has reported/predicted this (these) debacle (s) for far longer and in advance of same, including this recession/depression]. The protracted reluctance (election year expedience) for some to use the R(ecession) word, spun in the most positive way is to say it is because this scenario is far worse than even would befit the D(epression) word in light of the fact that the u.s. like never before in its relatively short history is broke in every way. If you’ve been suckered, it’s not all your fault inasmuch as the enablers (politicians, economists, financial experts, news/media, etc., in receipt of substantial largesse from and) of these vegetable garden (poison ivy league schools, these “elite” clubs/frats, etc.) products (vegetables who not only have never done anything requiring skills or measurable results, but merely are master bull s**t artists and as in the case of wall street, criminal frauds) are similarly incompetent, corrupt/venal. After all, how are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, especially since none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved; and hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc.. Motek’s expert cites retail liquidation prices (none to minimal profits, at best), inevitable GM bankruptcy, fed programs done with money out the door to little or no effect and now talking new programs…riiiiight…or, with rate at 1%, more rate cuts…riiiiight, big shake-out to come, credit-card co’s to pull back $2 trillion to survive what’s coming, retailers with big real estate exposure bust, and market will test lows then break through said lows to the downside. There was in addition to the ‘recession’ announcement more dismal news with construction down 1.2% and the supply/management manufacturing index at 26 year lows. I derive no pleasure in being a harbinger of bad but true news but reiterate SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN AS THESE ARE STILL GREAT OPPORTUNITIES TO SELL/TAKE PROFITS SINCE MUCH, MUCH WORSE TO COME. Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , IT’S A DEPRESSION , Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 816) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 Dow plunges on news recession began in Dec. 2007 (AP) , Down we go again: Fourth-worst drop ever for Dow , Recession declared; Wall Street tanks , Fourth-worst drop ever for Dow AP… as wall street snapped out of its daydream of a rally and once again faced the harsh reality… Report Concludes Recession Began A Year Ago | But the White House and the corporate media consistently continued to state otherwise. Previous session, this suckers’ bear market ralley remains an especially great opportunity to sell/take profits while you still can since much, much worse to come (sell into purported strength which is just more bull s**t for prospective churn and earn fraud – they’ll get those commissions again on the way down) IMF economist says worst of crisis to come: paper 'Crisis Only Just Beginning': Crisis/Video Right About the Crash, Peter Schiff Sees Much More Pain Ahead and this suckers’ bear market rally was based upon nothing related factually to finance/economics/business. How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved and hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., SO SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN AS THIS IS AS GREAT AN OPPORTUNITY TO SELL/TAKE PROFITS AS YOU WILL SEE SINCE MUCH, MUCH WORSE TO COME. Indeed, all news still realistically and decisively (and some deceptively otherwise spun to keep suckers suckered) bad: SO SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN AS THIS IS AS GREAT AN OPPORTUNITY TO SELL/TAKE PROFITS AS YOU WILL SEE SINCE MUCH, MUCH WORSE TO COME. IMF economist says worst of crisis to come: paper . Indeed, all news still realistically and decisively (and some deceptively otherwise spun to keep suckers suckered) bad: Biggest runnup in stock prices since 1932 and most know what happened to stock prices for over a decade thereafter (and america was not broke in every way as now), Ghost malls cropping up with retail closures/bankruptcies, as predicted by trendsresearch.com [CELENTE CORRECTLY PREDICTS REVOLUTION, FOOD RIOTS, TAX REBELLIONS BY 2012 Paul Joseph Watson | Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be “worse than the great depression.”] , Motek expert from the land of fruits and nuts, the senile wedbush (if you had listened to his prior prognostications/recommendations several months ago said suckers might be wiped out by this day) lauds the bailouts (money u.s. doesn’t really have and taxpayer money the frauds shouldn’t get) and the b.s. talking points thereby but says workout much longer, while retail expert points to liquidation prices (but fails to even mention lack of profits thereby), and poverty now spreading to suburbs. Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo An internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim. Citigroup Should Be Held Accountable Bloomberg Food Prices Will Rise, Causing Export Bans, Riots Bloomberg Rubin Clones and Other Fakers: The Obama “Dream Team” Citigroup says gold could rise above $2,000 next year as world unravels US debt triggered global crisis ‘Encouraged by a wicked wizard, Greenspan, Bernanke toils at his Weimar dollar printing press’ . Consumer spending down (-1%), consumer sentiment down, durable goods orders down (-6%), home sales/prices down to new lows and high supplies, yet suckers’ bear market market rally of 400+ points into the close nostalgically based (which got investors burned in the past) on bull s**t alone (i.e., more bureaucrats on more painels as per President-elect, etc.) and the so-called thanksgiving holiday rally. $600 billion plan to support housing lending ultimately hyperinflationary. New unemployment claims at recession level 529,000 for the week ended Nov. 22 yet unbelievably lower than private economist estimates. October durable goods orders plunged by a larger-than-expected amount, Chicago manufacturing in November contracted the most since 1982 according to a regional survey, and consumer confidence dropped to a 28 year low in November, according to the University of Michigan. One Motek expert in a nearly senile market moment cites pleasant market surprise (reality dictates otherwise) but in a lucid moment concedes lengthy period to work out (substantial) problems, while another expert (currencies) cautions the unintended consequences of creating/printing/flooding the markets with worthless (Weimar) dollars (a policy choice of inflation over fear of deflation) and the dollar devaluation and ultimately hyperinflationary effects thereof. FDIC Troubled Bank List Grows to 46% - Is Your Bank Safe? (at Seeking Alpha) , Consumers cut spending , Stocks on win streak amid more bad economic news , Cisco plans 4-day shutdown to cut costs , October home sales fall sharply (Reuters) . The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved and hence, virtually all problems remain, will continue to remain, and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., SO GREAT OPPORTUNITY TO SELL/TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME. Federal deficit could hit $1 trillion this year , FDIC's list of 'problem' banks swells to 171 (AP) , Dollar falls on realistically discouraging u.s. economic data (AP) , Third quarter real GDP was revised to a 0.5% annual rate of decline from a previously reported 0.3% rate which had rallied stocks and, only in the fraudulent world of wall street, rallied stocks again though worse than expected Economy shrinks at fastest pace in seven years, Third quarter personal consumption expenditures were revised to a worse than expected -3.7% from -3.1%, which rallied stocks ….. riiiiight! , Consumer confidence remains at an extremely depressed state despite fake numbers ,The S&P/Case-Shiller Home Price Index of 20 US cities fell 17.4% year over year — most on record. 'Crisis Only Just Beginning': Crisis/Video Right About the Crash, Peter Schiff Sees More Pain Ahead Crisis Only Just Beginning': Right About the Crash, Peter Schiff Sees Much More Pain Ahead VIDEO Previously, from the outset the wall street frauds were again determined to keep the suckers suckered with a near 500 point rally into the close. Existing home sales down 3.1% and much worse than expected. Motek’s expert Peter Shiff correctly points out that the so-called policy-makers, economists, etc., don’t know what they’re doing, that they can’t borrow (or print worthless Weimar dollars) and spend (money they don’t have) their way out of this debacle, that the bailout funds are merely providing undue bonuses/compensation for failed (and fraudulent) performance, that crisis will be exascerbated with (unavoidable) hyperinflation (inevitable thereby owing to crashing/worthless Weimar dollar) and ultimately even deeper/worse/more protracted economic decline, that auto industry is over-paid (especially relative to competition, legacy/pension costs, etc.), and importantly, the government has no money so they either have to borrow or print same which will make the economy much worse. Cost of Bankster Bait and Switch Now $7.4 Trillion Another expert says quick bankruptcies would have been the preferred course for optimal results, while another emphasizes quite correctly that the so-called experts/team now cheered (wall street frauds’ b.s. talking/rallying point) are those whose experience is having created the very problems they are now called upon to solve (hence, cover-ups, etc., but ineffectual). [Good management dictates that a clean sweep was warranted]. Realize that the products of the vegetable gardens (the poison ivy league schools producing these vegetables) are vegetables who not only have never done anything requiring skills or measurable results, but merely are master bull s**t artists and in the case of wall street, criminal frauds enabled thereby. Downey Savings taken over by regulators [ Colossal Financial Collapse: The Truth behind the Citigroup Bank “Nationalization” ] over the weekend. Obama’s Economic Foxes To Guard Financial Henhouse Today President elect Obama officially introduces his economic team to the world. What many may fail to recognize however is the fact that those tasked with rescuing the economy are the very people who helped create the financial crisis in the first instance. CELENTE CORRECTLY PREDICTS REVOLUTION, FOOD RIOTS, TAX REBELLIONS BY 2012 Paul Joseph Watson | Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be “worse than the great depression.” Budget deficit hits record; jobless claims surge Foreclosure rates up 25 percent year-over-year Banking crisis claims more u.s. victims How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved and hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., SO SELL INTO RALLIES/STRENGTH/TAKE PROFITS WHILE YOU CAN AS THIS IS AS GREAT AN OPPORTUNITY TO SELL/TAKE PROFITS AS YOU WILL SEE SINCE MUCH, MUCH WORSE TO COME. IMF economist says worst of crisis to come: paper . Previous, suckers’ bear market rally was based upon nothing whatsoever relevant to finance/economics/business , yet again the wall street frauds were determined to keep the suckers suckered through the weekend with a near 600 point rally into the close. All news was decisively bad Federal regulators shut 2 California thrifts and though looking for a reason to rally, they found none because there are none HU: World economic situation 'grim'... , based on valuation and prospective substantial deterioration in economic conditions exascerbated by their massive fraud; but the invented reason for the suckers’ rally was the appointment of Geithner, a quintessential bureaucrat ultimately dependant upon other bureaucrats who are dependant upon the very corrupt monied interests/frauds (and their lobbyists) who created (through their crimes) the current financial crisis. Moreover, as head of the N.Y. Fed he is no stranger to cover-ups/bailouts in light of the missing/unaccounted for $4+ TRILLION at the N.Y. Fed $4 trillion plus is missing through U.S. federal agency accounts managed by the NY Fed. Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 852) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved and hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so great opportunity to sell/take profits while you can since much, much worse to come. Leading economic indicators fall again a more than expected .8%, new claims for unemployment a high more than expected 542,000 while continuing claims at 4,000,000 a 16 year high and more than expected, Philly Fed Index down to a worse than expected –39. Jobless Claims Hit 16-Year High, Above Forecast Congress extends jobless benefits; stocks fall 400 World stocks down amid reality of deep recession (AP) CELENTE CORRECTLY PREDICTS REVOLUTION, FOOD RIOTS, TAX REBELLIONS BY 2012 Paul Joseph Watson | Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be “worse than the great depression.” Budget deficit hits record; jobless claims surge Foreclosure rates up 25 percent year-over-year Banking crisis claims more u.s. victims How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved so sell into rallies/strength/take profits while you can since much, much worse to come. Previous session, modest losses relative to reality to keep the suckers’ suckered especially in light of grim economic/business/financial news so still great opportunity to sell/take profits while you can since much, much worse to come. Housing starts down a record 38%, building permits down 14.5%, and outlook grim. Motek’s expert discusses 30 reasons for Great Depression 2 by 2011 citing completion of first wave of the meltdown-dot.com bust, second wave-sub-prime debacle, and the on-going climactic financial/economic meltdown pointing to the 42,000 lobbyists, autos, etc., saying they just don’t get it, while another expert analyst says new lows across the board having broken through support levels. Motek’s p.r. expert says auto execs flying to d.c. in private jets to beg for taxpayer money bespeaks their stupidity, and his travel expert discusses the newly value-conscious consumer. Fed sharply lowers forecasts, hints of rate cut which ploy previously sparked b.s. suckers’ bear market rallies based upon nothing at all but reality says with only a point to zero and much worse to come is just plain b**l s**t . Deflation: Here, Now I’ve been warning of deflation for some time. Specifically, I predicted 1 1/2 to 2 years of deflation, followed by hyperinflation. Well, deflation is here.“Slush fund” … “Banana Republic” … “Keystone Kops.” Technical Economic Indicators Worsening Again Deflation: Here, Now I’ve been warning of deflation for some time. Specifically, I predicted 1 1/2 to 2 years of deflation, followed by hyperinflation Previous suckers’ bear market rally into the close with 300+ point swing to the upside [wall street frauds’ nirvana commissioning a huge decline then a huge incline just a program loop, button push, mouse click away] into the close to keep the suckers suckered as the lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved and hence, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so great opportunity to sell/take profits while you can since much, much worse to come. Homebuilder reality-based sentiment index plunges to record low Economy so bad commodity prices plunge along with PPI. Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 859) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Forecasters: U.S. in at least, unrealistically optimistically, minimum 14 month recession The Great Depression of the 21st Century: Collapse of the Real Economy “The Dollar Standard Is Coming To An End” Financial Crisis Tab Already In The Trillions... Busted in Washington Housing starts expected to hit half-century low Washington is Powerless to Stop the Coming Economic Depression Whitehead sees slump worse than Depression Dollar’s Days Numbered, Buy Commodities: Jim Rogers America’s economic crisis is beyond the reach of traditional solutions U.S. Retail Sales Drop in October by Most on Record . (Banker Bailout Costs $5 Trillion So Far ), (Analysts Predict Hyper-Inflation To Push Gold To $2000, Oil to $300 Within Months ), (Soros says deep recession inevitable, depression likely ), CELENTE CORRECTLY PREDICTS REVOLUTION, FOOD RIOTS, TAX REBELLIONS BY 2012 Paul Joseph Watson | Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be “worse than the great depression.” Budget deficit hits record; jobless claims surge Foreclosure rates up 25 percent year-over-year Banking crisis claims more u.s. victims How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved so sell into rallies/strength/take profits while you can since much, much worse to come. 53,000 layoffs from Citigroup, and many more announced and may more to come from a multitude of companies to yield predicted 8-10% unemployment (conservative-some higher). Motek in a somewhat philosophical mood cites blue chips as cow chips (cow pies, manure, etc.), while his expert joins the metaphysical fray quoting ‘to save man from his folly is to people the world with fools’ and goes on to say everything looking bad, things are not good, how long the deep recession-don’t know, not there yet; while another expert says things have gone from bad to worse. Indeed, one expert says US To Lose Its ‘AAA’ Rating/face default/bankruptcy, while Motek’s expert says market poised to test new lows, points to uncertainty regarding bailout equivocation/changes and talks up, in a somewhat borderline senile fashion, some beaten down stocks on theory government will bail them out…riiiiight! Another Motek expert, actor/speculator/economist Ben Stein says hanky panky Paulsen perjured himself before congress and should be prosecuted, points to incompetence regarding bailout saying couldn’t have been handled worse and not mentally up to it. One Aspect of the Massive (Securities) Fraud/Fraudulent Wealth Transfer is Aptly Described/Illustrated in this Comment, [how are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved], Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 852) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 The immortal words of J.P.Morgan remain apposite as ’ it is not so much the return on the money as it is the return of the money’ , so sell/take profits while you can and preserve capital. Previously modest losses relative to reality with rally/programmed trades to the upside into the close to finish off substantially lower lows to keep the suckers’ suckered despite grim economic/business/financial news so still great opportunity to sell/take profits while you can since much, much worse to come. America is now a nation of bank holding companies (to take advantage of involuntary taxpayer bailouts), paper hanging wall street frauds (it’s the worthless multiplicity of securitized and heavily commissioned worthless paper that is the problem), and brazened ponzi’s (sic) (more, more, and more funds to keep their commission ball rolling) on wall street; and of course, their marks. Banking crisis claims more u.s. victims How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (hundreds of trillions of fraudulent/worthless securities, etc.) have been addressed much less solved so sell into rallies/strength/take profits while you can since much, much worse to come. Previous suckers’ bear market rally/programmed trades to the upside into the close to keep the suckers’ suckered so still great opportunity to sell/take profits while you can since much, much worse to come, as stocks finish only modestly lower relative to reality on grim economic/business news across the board, viz., b.s. talking point gives way to reality that China stimulus plan lessens availability of funds for the purchase of worthless u.s./dollar denominated securities/assets and may even require sale/redemption of same, GM shares hit 62 year low at $3.36 as analyst says said shares will go to - 0- (nil, with Ford’s shares at $1.93), Motek expert points to employment contraction for 15 months in a row and Conference Board Report regarding said job losses; while another emphasizes the futility of the bailouts which are get worse/larger in reference to what he terms slush funds, the bank tax windfall initiated in the dark of night, things will get progressively worse in the upcoming administration, u.s. spending far beyond means, and rapidly depreciating u.s. dollars and assets; DHL ending u.s. ground ops and 9,500 jobs, Security Pacific the 19th u.s. bank failure, etc., Fed's bailout for AIG swells to more than $150B , Fannie posts $29B 3Q loss, $100B may not be enough , Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” , bankruptcies, defaults, foreclosures, hyperinflation around corner on worthless Weimar dollars, etc.. Previous session, sell into these suckers’ bear market rallies/strength/take profits while you can as much, much worse to come. Much worse than expected jobs (240,000 lost, unemployment to 6.5%) and auto news (operating earnings losses of $4 billion for GM and $3 billion for Ford for 3rd quarter) rallies stocks (riiiiight!), in a largely forgettable Motek business hour even his oftimes wall street shill expert admitted to his credit that their was absolutely nothing to account for the rise in stock prices this day especially in light of the substantially bad and worse than expected news, says GM has enough cash to last to spring while Ford till summer, and says volatility for rest of the year. Economist says worse to come as very severe recession at least through 2009 and into 2010, and also there’s allusion to yet another taxpayer bailout of auto pension funds and auto co. bankruptcies. The wall street frauds must be prosecuted and disgorgement required. Jobless rate at 14-year high as above expectation losses continue GM, Ford losses worse than expected, burning cash Jobless ranks hit 10 million, most in 25 years Ford announces $129M 3Q loss, burns $7.7B in cash Jobless rate bolts to 14-year high of 6.5 percent Previous, another modest drop relative to reality [Grantham (who called the bubble) posits… 585 on the S&P 500 (versus today's frothy 904) There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500. ], downbeat economic data, first-time claims for unemployment at 25 year high and worse to come, abysmal retail sales worst in 3 decades, unit labor costs rose at a higher than expected 3.6% annual rate as the ultimately hyperinflationary effects of printing/creating like mad those worthless Weimar dollars, and weak business prospects, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so still great opportunity to sell/take profits while you can since much, much worse to come. Previous session sees modest drop relative to reality though record post-election plunge so still great opportunity to sell/take profits while you can since much, much worse to come. All news so bad (reality even worse) that even shill co. ADP can’t hide at least 157,000 lost private sector jobs where deep cuts are necessary, Challenger et als say layoffs will abound with cuts broad and deep, Motek expert says dismal market for at least next several weeks but cautious citing some oil, engineering, utilities, healthcare opportunities with caveat along with some emerging markets, service sector much weaker than expected and planned layoffs highest in three decades. Treasury wants to borrow record $550B...US-led strike kills 36 Afghan civilians U.S. as slowing economy/runaway spending balloons the budget deficit to a record level to Sell $55 Billion in Long-Term Debt Next Week Previous session, all news decisively bad with dollar down, oil up, factory orders declining 2.5% month-over-month after dropping 4.3% in August, much worse than the 0.8% decline that was expected, virtually all problems remain and there is but an infinitesimally small fraction of the capital and resources necessary to solve them thanks to fraud, incompetence, lack of knowledge/ability, greed, etc., so sell into rallies/strength/take profits while you can since much, much worse to come. Previous, ( Worst is yet to come for economy ) as economic/financial news so bad [ ISM index shows biggest downturn in economic activity since 1982, corrupt, scandal-scarred commerce department comes in with 40% better than expected false construction numbers though still down a hefty .3%, 90% of private economists say we’re in a recession and we’ll see much more lagging effect to the downside, realization that bad economic conditions going forward not frozen credit affecting lending despite their lies/fraud to buttress their fleecing of the treasury, Motek expert says another washout coming and we’ve not heard the last of those, ie., banks, companies, brokerages, etc., under the waves] , that lunatic frauds on wall street develop new b.s. talking point to keep suckers sucked in to this market so the wall street frauds can keep eating away at suckers’ money by commissioning same, the new talking point being ‘the election’. What total b**l s**t! They’re just a bunch of criminally insane vegetables who can’t do anything that they’re supposed to do well, ie, economics, finance, accounting, etc., and are hoping to escape accountability for their crimes. They must be prosecuted and disgorgement required because 1) It’s the law and to create a deterrent prospectively 2) Restore credibility and confidence in prosecutorial, regulatory, government/governmental bodies as opposed to their being accomplices, and the markets (which are just that; marketplaces, like fish markets, commodity markets, flea markets, etc., no big deal, particularly as the frauds operate them) 3) It’s the right thing to do because of the magnitude of the fraud (in the hundreds of trillions by some educated assessments) in the many trillions and the fraud on taxpayers (who have been damaged by their fraud and) by bailouts that are finding their way into compensation/bonus packages for the perpetrators . Previous session, suckers’ bear market rally for window dressing for dismal month and quarter to keep the suckers suckered in this secular bear market. Are you a sucker? One in five homeowners owe more than homes are worth, more unemployment to come, many more defaults personal/commercial, many trillions of previously commissioned worthless paper still carried/not written down, etc.. One of Motek’s experts, to his credit, points to reality in saying retreat to cash (take profits) in rallies as these (rallies on bad news), record declines in spending, economy has lots of negatives, insurance companies have lots of negatives, hedge funds liquidating, and importantly, 60% of trades computerized so great for generating commissions but bad for real value (as this week) and very volatile; while another expert echoes bear case as spending down across the board; while another empahasizes bad month on top of bad month for autos; while another says 2008 behind only 1929 and 1987 for bad; and another says no more room for rate cuts, more regulation, mortgage rates up; and finally, political and economic uncertainty cited. In sum, u.s. stocks over-priced and dollar will drop like a stone (excessive printing/creating/debt), Stocks: A Bear Case so sell into rallies/strength/take profits while you can as much, much worse to come. Don’t forget, THEY NEED YOUR MONEY TO COMMISSION and the lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution . Despite another big advance on Friday, paper losses in the U.S. stock market came to $2.5 trillion for the month, according to the Dow Jones Wilshire 5000 Composite Index, which represents nearly all stocks traded in the United States. The 17.7 percent decline was the worst since the 23 percent drop in October 1987 and 1929. Previous day, suckers’ bear market rally on bad news. U.S. Economy: GDP Shrinks (even with fake better than expected GDP numbers from corrupt commerce department) at Fastest Pace Since 2001 The government falsely reported Thursday that the economy shrank only 0.3 percent in the July-September period, still a significant slowdown after growth of 2.8 percent in the prior quarter in the summer, sending the strongest signal yet that a deep recession has already begun. Consumer spending, which accounts for two-thirds of the economy, dropped by the largest amount in 28 years in the third quarter. One expert says multiple levels of things going wrong in u.s. recession, ie., consumer spending down and declining, housing recession, fraudulently worthless investments, worthless Weimar dollars that are being printed/created like mad, etc.. Another expert says fake GDP number in 3rd quarter does not capture slowdown which will be reflected in 4th quarter with minimum 2-4% decline. How are these frauds not being prosecuted and forced disgorgement and preposterously getting taxpayer dollars? The lunatic wall street frauds’ desperation linked to their substantial crimes and booty which must be disgorged through prosecution, none of the real problems (trillions of fraudulent/worthless securities, etc.) have been addressed much less solved so sell into rallies/strength/take profits while you can since much, much worse to come. Previous session, government (fake) numbers on durables (130% better than private estimates…I don’t think so!) and prospectively dollar-crushing 50 basis point rate cut (discounted b.s. talking point many times over by market in prior sucker session), 2.7% drop in the dollar, fed heads said the pace of economic activity has "markedly" slowed as consumer expenditures declined, while inflation pressures are expected (despite worthlessness of the Weimar dollar) to (temporarily) moderate due to the (temporary election year) drop in commodity prices and weaker economic prospects, so still great opportunity to sell into rallies/strength/take profits while you still can (like now) since much, much worse to come as all problems remain. Previous session, all news decisively bad with consumer sentiment far below expected 52% but realistically at 38%, personal bankruptcies/business bankruptcies up sharply (Euler Hermes ACI: Substantial Increase In Business Bankruptcies and worse in 2009 ... , Personal Bankruptcies Increase and 2009 expected to be worse ), Office Vacancy Rates Nationwide Keep Climbing; 2009 will be worse ... , US consumer debt reaches record levels , U.S. budget deficit swells to record $455 billion | Reuters , White House projects record deficit for 2009 - CNN.com , dollar down and dying, record trade deficits, (Lost growth is cumulative. Thanks to the record trade deficits accumulated over the last 10 years, the U.S. economy is about $1.5 trillion smaller. This comes to about $10000 per worker. The damage grows larger each month, as the Bush Administration and Democratic Congress dally and ignore the corrosive consequences of the trade deficit), war crimes/profiteering and global disdain for america and all things american and preposterously based on b.s. alone ie., dollar negative talking point of interest rate decrease (hyperinflationary as will be seen post-election), etc., suckers’ bear market rally on decidedly bad news, none of the real problems including many trillions of worthless paper, deficits budget/trade, hyperinflationary/worthless Weimar dollars being printed like mad, have even been addressed much less solved (election-year expedience), lunatic wall street frauds desperation linked to their substantial crimes and booty which must be disgorged through prosecution, so sell into rallies/strength/take profits while you can since much, much worse to come.

THE DOW JUMPS 900 POINTS. SO WHAT? BY MORGAN HOUSE

October 28, 2008 Only in today's market can the Dow have one of its biggest gains ever, on a day when consumer confidence logged its worst readings since it's been followed. After the Dow's nearly 900-point rally today, on what seemed like nothing but loads of bad news, you're right to stand back and wonder what in the world to make of this absurd volatility -- and more importantly, how to invest around it.The short, easy, and honest answer is that this volatility is spectacularly unreasonable, and you're foolhardy to try such an approach. Think about it: Only a few weeks ago, the Dow soared an equally impressive amount -- 936 points -- sending a wave of euphoria over markets, as if our troubles were behind us. Within days ... poof! The gains were gone. There's little reason to jump for joy over today's gain, either. Call me a party pooper, but the bad news in the economy hasn't disappeared, my friends…

Reality from Farrell: Bottom line: You've been scammed: This is total incompetence, … unethical and criminal. If you put your hard-earned $12,000 under the mattress for the last decade, it would have been worth more than the $11,671 accumulated in a mutual fund. But actually it's far, far worse! Now if you also deduct the fund's 5.75% load (and/or commissions) and inflation of more than 30% the past decade, you see the stock market's a real loser. In short, after 10 years of blindly trusting the Wall Street's advice about stocks, it turns out that investing in the stock market is not a money-making machine, but a big fat greedy black hole that gobbles up your money. ECONOMICS GURU: WORST IS YET TO COME; MARKETS WILL CLOSE FOR UP TO WEEK FROM PANIC... More from Grantham: S&P to 585. He called the bubble, how could anyone doubt his valuation (although even lower is more realistic)? Jeremy Grantham … (some) benefits to the crisis, including increasing personal savings, an end to the hedge fund era, a reminder that government officials are not to be trusted, …among others…Grantham posits… 585 on the S&P 500 (versus today's 877). Frank Motek (back from vacation to save his business hour … none too soon since his program suffered mightily in his absence) experts say: lack of liquidity, new homes and home prices downward trend to continue, expect revisions; another says other nations loaned to u.s. and getting burned, spending in Europe more difficult to ramp up, $2 TRILLION more debt, fed buying u.s. debt which is hyperinflationary, consumer maxed out, grim outlook; another, a wall street shill points to better than expected new home sales [from scandal scarred/corrupt commerce department…riiiiight …(Home sales rise according to discredited commerce department relative to revised downward prior months sales (riiiiiight…that’s the way to work the statistics…at least the prior months fake stats can still be good for something) but prices sharply fall)] but to his credit does say there are a pile of concerns including liquidation of positions, ‘n carry trades’ (sic), yen/dollar disparity; r.e. analyst says median price for homes still heading down and another says new home sales this month not sustainable, foreclosures high even with freeze; oil analyst says oil demand in China down, impacting price; finally, another analyst says temporary dollar spike because of unwinding of leveraged trades (in dollars), commodities/assets/metals decline as investors/traders/holders sell off assets (cover margin calls, redemptions, etc.), u.s. stocks still over-priced and dollar will drop like a stone (excessive printing/creating/debt), Stocks: A Bear Case so sell into rallies/strength/take profits while you can as much, much worse to come. Previous session: you know the worst is yet to come when the so-called wizards of fraudulent wall street laud the day’s 5-9% decline as a pyrrhic victory (coulda been worse…..riiiiight!) that is neither victory nor the end of the downward adjustment to reality and the scope of their fraud, indeed one expert now points to the realization that america has become the exporter of economic weakness/fraud as hedge funds, etc., continue to liquidate positions/assets (margin calls, redemptions, etc.) , sell into rallies/strength/take profits while you can as much worse to come. Markets Nosedive on Grim Economic News , World markets sink as recession realities spread , 79th anniversary of 1929 Wall Street Crash... , previous day suckers’ bear market rally/400 point swing/programmed trades to the upside into the close on decidedly bad news …I don’t think so!… sell into rallies/strength/take profits while you can since much, much worse to come Economist Roubini Predicts Hedge Fund Failures, Panic, Closed Markets , Job losses accelerating, and the worst is ahead , Banks borrow record amount from Fed... , on top of previous day’s near 200 point swing to the upside into the close to keep the suckers suckered as ‘experts’ say: earnings 11% below expectations, business bad and getting worse, recession, substantial job cuts, big problems in Europe including writedowns of u.s. originated worthless fraudulent paper / another says realization source of the now global problems is u.s., fed throwing money at problems (wall street frauds) but not making it to the economy, not enough money to cover the negative (fraud) and need for flush out and adjustment of inflatede/bubble/illusory values, and another says reality implies 25% decline which is worst since 1937, sell into rallies/strength/take profits while you can since much, much worse to come Recession Will Last At Least Two Years: Roubini , Recession Now: It's Deep and It's Going to Last a Long Time, Sonders Says ; previous day modest losses relative to reality as only 15% of americans believe the nation is going in the right direction (what dummies!) which is slightly more than congress’ approval rate and just slightly less than bushes’ approval rate, More banks may fail, IMF warns , Weak profit picture and weak/declining economy worries and fear of being held criminally accountable for their fraud hurt Wall Street , sell into rallies/strength/take profits while you can since much, much worse to come , previous day’s suckers’ bear market rally on bad or false news as ie., leading economic indicators up though all economists expected down since major components thereof (stock prices, manufacturing/industrial indices, employment, etc.) all down, economy so bad they’re going to print more worthless hyperinflationary Weimar dollars (that they don’t really have), gave another $12 billion to AIG on top of the other billions of taxpayer funds, yet none of the real problems including many trillions of worthless paper, deficits budget/trade, hyperinflationary/worthless Weimar dollars being printed like mad, have even been addressed much less solved (election-year expedience) so sell into rallies/strength/take profits while you can as much worse to come , The Crumbling U.S. Economy, Worse is Yet to Come , Worst slump since Great Depression , Rapid Downward Revisions in Expected Economic Growth , and all this b.s. despite reality on top of previous session suckers’ 500 point swing/programmed trades to the upside into the close to close modestly lower on much worse than expected news on top of previous suckers’ bear market rally/800 point swing/programmed trades to the upside into the close on decidedly bad news …I don’t think so!

The average investment-grade industrial company bond is yielding 4.95 percentage points over Treasuries with comparable maturities, Moody's says. That's about the long-term average for much riskier junk bonds. "It's the widest level since 1932-1933," says John Lonski, Moody's chief economist. That was during the, ahem, Great Depression.

There is more hurt in store for the U.S. equity markets. If you are still thinking of riding this one out, consider Japan. Japan's Nikkei 225 is our window into the future. From its 1990 high of 40,000 it fell as low as 7,800, an 80% drop. A similar correction in the U.S. would translate into Dow 2,500.

Searching for Mr. Goodlow [ While you certainly want to buy low (and sell high), in light of the crushing debt, deficits both budgetary/trade, global antipathy because of war crimes/profiteering, transfer of manufacturing base, and greedy frauds on wall street, corruption at all levels, etc., this time is like no other for america in the most negative sense, particularly since the average multiples for S&P for the past 5 years were based upon a huge fraud bubble and hardly a benchmark/guideline. The saying/axiom of J.P.Morgan remains apposite as ’ it is not so much the return on the money as it is the return of the money’. ]

Building starts/permits and new home sales down 8.3% and 6.3% to worst levels in 17 years, drop in consumer sentiment highest ever recorded so great opportunity to sell/take profits while you still can since smart money (and reality) say trend is much lower Billion-Dollar Fund Manager, Dow To Sink To 5,000 , Roubini: Dow 7,000 Likely 'Sometime Next Year' , Dow Jones Bloodbath Mirroring 1929 Rout Bottom should be around 27 per cent below “bailout bounce” according to analyst , since none of the real problems including many trillions of worthless paper, deficits budget/trade, hyperinflationary/worthless Weimar dollars being printed like mad, have even been addressed much less solved (election-year expedience) so sell into rallies/strength/take profits while you can as much worse to come, (they’re so desperate for b.s./fraudulent talking points/sizzle to sell that the rumor (Microsoft to buy/destroy Yahoo) sparks rally though denied by both companies, spin lower prices as positive when reality is that economic conditions/prospects so bad that demand has precipitously fallen, Philly fed Index down sharply indicating contraction, Real Estate/Builders’ Index lowest/Worst reading since inception, lunatic wall street frauds desperation linked to their substantial crimes and booty which must be disgorged through prosecution, volatility index at new record, previous session reality trumps the new fraud as markets can’t hide from the plethora of bad economic news albeit sugar-coated for election year purposes as retail sales down 1.2% for month and as well, year-over-year and in all regions, beige book says economic activity down in all regions Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 sell into rallies/strength/take profits while you can as much worse to come and remember, fool you once, shame on the wall street frauds who should be in prison, fool you twice, shame on you and you’re screwed, one expert described the bailout as money down a black hole Total Bailout Cost Heads Towards $5 TRILLION , shreve of investors’ (shouldn’t that be traders’) business daily said became negative on market in August and all cash in September [but previously, 6-3-08, SHREVE OF INVESTORS BUSINESS DAILY NOW NEGATIVE ON MARKET (YA THINK), WAS BULLISH JUST RECENTLY ENOUGH FOR BULL TRAP (OR JUST PLAIN BULL CRAP) AND CITES HEDGE FUND SPECULATORS, SUPPLY/DAMAND FACTORS (OIL RISE, ETC), LEADERSHIP TURNED NEGATIVE WHICH FED MINUTES CONFIRMED, implying that somewhere in between he was positive ] but to his credit states we’re in a recession…some quarters of negative growth/contraction ahead…takes considerable time for fed steps/missteps to take effect…and 7-8% unemployment, while fed governor janet yellen says we’re in a recession…daaah!, while another cites consensus that the financial crisis won’t be over anytime soon US confronts reality of long, deep recession/depression ,
The global economy is going through a "profound shift" as it deals with the unwinding of debt leverage, which Todd Harrison, CEO of Minyanville.com calls "the mother of all bubbles."
As with the tech bubble before them, bubbles in housing, commodities and hedge funds were all made bigger because of the unfettered use of leverage. The unwinding process is going to result in a "prolonged period of socioeconomic malaise," he says, predicting unemployment will rise will into double-digits before the cycle turns.
The most recent batch of economic data certain support a grim outlook:

· · Industrial production plunged 2.8% in September, the biggest drop since September 1974.

· · The Philadelphia Fed's manufacturing index slumped to its lowest level since October 1990.

· · The National Association of Home Builders' housing market index hit a record low.

· · The Fed's October Beige Book showed across-the-board weakening of activity in all 12 reporting districts.

· · September retail sales fell 1.2%, the biggest drop since Aug. 2005.

previous session saw modest losses relative to reality with near 300 point upswing into the close on bad news (to keep the suckers in … were you a sucker?…the frauds on wall street are counting on it as today’s session proves) including record budget deficit at $454 billion and much worse next year, they’re treating symptoms not the problems so good money after bad, substantial unwinding of derivatives and market manipulation by programmed stock purchases, u.s. gov’t selling treasuries to finance debacle pushing interest rates higher so sell/take profits, The Wall Street Coup and the Bailout Scam Bailout $700 billion yet national debt increased by over $1 trillion,They socialize their losses and privatize their gains ….. How is this happening? Paulson Doles Out $125 Billion to Wall Street Elite What a total fraud/scam! A Trillion Dollar Bait and Switch: The Bailout and the Smell Test This is a secular bear market – check out the cycles. Roubini Sees Worst Recession in 40 Years, Rally’s End , previously Motek’s expert Art Hogan says crisis not over, daaaaah!, buuuttt and for the first time sounds like a typical wall street shill and loses all credibility thereby, while another non-Motek expert says will retest lows which is euphemistically correct while pointing to comparable spike/decline in 1929 et seq. Great Depression scenario , Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 , b.s. talking points and all based upon other nations, Europe and Asia like lemmings again following america into the abyss (Iraq, etc.) since none of the real problems including many trillions of worthless paper, deficits budget/trade, hyperinflationary/worthless Weimar dollars being printed like mad, have even been addressed much less solved (election-year expedience) so sell into rallies/strength/take profits while you can as much worse to come and remember, fool you once, shame on the wall street frauds who should be in prison, fool you twice, shame on you and you’re screwed, as this and previous session’s programmed buy trades to keep the suckers sucked in and commission dollars flowing (the shameless wall street frauds made hundreds of millions last week and today on high then moderate volume as government/banks closed for holiday), thousand point swings to the upside- I don’t think so, as yet again those needful things on wall street get even MORE, MORE, MORE, MORE, MORE for the poor (not really, in light of the mega billions in fraudulently derived commissions, bonuses, compensation, which should and must be disgorged through prosecution) frauds on wall street, retail down, unemployment at recession levels, modest losses relative to reality so sell into strength/take profits, get your money out while you can and don’t forget that the worthless hyperinflationary Weimar dollars they’re printing like mad will, like the current fraud unraveling, come home to roost [Rogers: Global Bankers Have Unleashed Hyperinflationary Holocaust ] making, assuming arguendo there are, any wild-eyed purported gains to come illusory/non-existent at best and further, national (and consumer) debt and lack of industrial/manufacturing base/trade deficits make previous recovery comparisons preposterous, Motek’s expert says on-going bear market since 2000 (market down 75% as measured in gold) with continued massive liquidations to pay off debt and that attempts to reflate with bailouts will fail culminating in hyperinflationary depression, while another expert says stocks could slug around at bottom for extended period, while Financial Times Editor says most volatile day ever, not at tradable bottom, and this was a market crash at –40% from top. GM shares on credit watch with negative implications by S&P tumble 31 percent to 58-year low , Roubini: Rate Cuts Temporarily and Minimally Reduce Crash Risk, But Dow 7,000 Likely 'Sometime Next Year' , dollar down, oil up, Motek’s expert Bogel of Vanguard fame points to speculative measure for wall street in 1929 as 280 which is even below and not as bad as the current measure of 320 in year 2008 indicative of the ridiculousness of the wall street debacle, It's Not You, It's the Market - Now Officially the Worst S&P Decline in History ,on top of previous sessions needful things on wall street saying MORE, taxpayer money to bail them out for their consummate fraud, etc., MORE now EU/Asian/fed/taxpayers’ cooperation/contribution for their past, present and future frauds, etc., to keep their ponzi-like scheme of worthless paper moving; how about prosecution, prison, fines, and disgorgement for these mega billion dollar frauds, as 500 point swing to the upside into the close (get your money out while you can-sell into strength/rallies/take profits) on yet another b.s. talking point (I don’t think so and neither does Cramer says Get Out Of The Market ) as Motek’s expert apparently shell-shocked talks in terms of washout levels while another says bailout will take about 4 weeks to implement and not sure if same will work [WON’T! There are trillions (some say in the hundreds of trillions) of the fraudulent worthless paper out there] and points to negative economic fundamentals and says reduce exposure to equities in favor of ie., money market treasuries, previous day buy on rumor, sell on news (of fraud bailout) obtains, fundamentals horrendous as economy loses more than expected 159,000 jobs, Motek’s economist/expert/trader says serious economic issues remain and cites ’73 to ’74 when market fell 45% top to bottom while securities expert says now focus is on fundamentals and not a pretty picture and cautions about dilution, get your money out while you can-sell into strength/rallies/take profits-that’s what they did , previously hopes for fraudulent $4 trillion plus is missing through U.S. federal agency accounts managed by the NY Fed misguided Not One Dime! wall street fraud/criminal bailout “Grand Larceny” on a Monumental Scale: Does the Bailout Bill Mark the End of America as We Know It? can’t change reality as unemployment numbers highest in 7 years, factory orders decline to lowest level in 2 years, food prices with largest increase since 1990, previous 200 point swing to the upside on top of 485 point previous day gain with all seriously negative news including sales drops of 16% at GM and 35% at Ford so sell into these rallies/strength/take profits whil you can, economist Brusca points to grim economic/financial data and outlook even with bailout, Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 , U.S. Sept. ISM manufacturing index plunges to 43.5% (worst since 1955), Bailout Would Only Prolong Crisis: Jim Rogers ,except for scandal-scarred corrupt commerce department which reported unexpected rise in consumer sentiment (riiiiight…things are so hunky-dory), all news decidedly negative with home prices falling an unexpected record 16.3 %, etc. Bailout marks Karl Marx’s comeback This is not brain surgery and the fraud, bonuses/compensation (mortgages, subprime and otherwise, are only a relatively small portion of the fraud/scam providing “cover/collateral” for the worthless but heavily commissioned paper over and over again in a multiplicity of different forms of worthless paper) in the mega-billions should first be disgorged before taxpayers are forced to pony up and pay the frauds again for their fraud which caused the problem in the first instance, must be prosecuted. It should also be noted that despite the rhetoric, the wall street bailout will NOT solve the crisis or eliminate the economic pain except to make permanent the fraudulent wealth transfer to the most well healed heals/frauds/criminals in the nation who caused the so-called crisis by their greed/corruption/fraud. All news decisively negative as WaMu becomes biggest bank to fail in US history (AP), GDP revised downward to 2.8% in second quarter (the market previously rallied on the false news and rallies again on the true bad news), only 30% at most support the taxpayer bailout of the wall street frauds so count on tax revolts as predicted by experts if the same passes , Sell into any rallies/take profits as all problems remain and will be exacerbated by the fact that the vast majority of taxpayers rationally and correctly opposed the bailout of the wall street criminals who benefited from the fraud. Reaction has been fast and furious 9-28-08[2:38 am]; take a look at some initial comments. Sell into any strength/take profits because with bank failures and raids on taxpayer funds and reckless printing like mad of worthless Weimar dollars and fake data/reports and lies this is worse than recession/bear market, New Home Sales Plunged 11.5% to 17-Year Low and home inventories up, jobless claims up and durable goods orders down far more than expected, home prices drop by record 9.5%, existing home sales down 2.2% as they continue to foist the wall street criminal/fraud bailout on taxpayers which Bloomberg now pegs at a cost of $5 trillion while other economists/experts say hundreds of trillions [which means $700 billion down the tubes into the pockets of the wall street criminals (make them pay) who created the mess through their greed/fraud/scams and who’ve already reaped huge financial sums in the many billions through compensation/bonuses (mortgages, subprime and otherwise, are only a relatively small portion of the fraud/scam providing “cover/collateral” for the worthless but heavily commissioned paper over and over again in a multiplicity of different forms of worthless paper]; Motek’s financial expert, Financial Times Business Editor cites thoroughly gloomy economic picture globally and u.s. particularly, record levels of borrowing from fed, even with passage of bailout dire economic/financial scenario will remain, and axiomatic ‘buy on the rumor, sell on the news’ picture for stocks while his expert/economist/investor/entertainer (Ben Stein) says outrageous to bail out wall street criminals who should be in prison [and who should pay back/disgorge the hundreds of billions they’ve been scamming by repackaging/recollateralizing commissioning and reselling of which fraud/bubble I’ve been warning for over 5 years on this site-indeed they even have been exempted by congress for RICO liability and meaningfully lawless application of other laws as I reiterate in my RICO Summary under penalty of perjury to the FBI at their request including RICO violations by Sam Alito, former u.s. attorney (District of new jersey) who parlayed obstruction of justice (I’ve sworn to this regarding drug-money laundering) into judicial appointments to the 3rd circuit court of appeals with maryanne trump (Barry) and now the so-called supreme court (he should have gone to jail) justice; how could anyone even listen to bush (WMD’s in Iraq-I also warned against that debacle/fraud/war crimes/profiteering) ] and he further says let the ceo’s go and some of the failed institutions fail condemning the outrageousness of the lack of oversight in this huge fraud/wealth transfer; and hanky panky paulson the wall street shill whose $50 million in blind trust and $20 million in vanguard benefits from this bailout by the taxpayers, The Fed is Making a Killing on Banking Crisis , so great opportunity to sell/take profits while you still can. One democrat said that with 3 months remaining in war criminal (remember the lies) bush’s lamentable failed presidency the grab based on fear that bailout of the criminals who caused the problem and made huge sums from their heavily commissioned fraud will avoid what already is can only be deemed another fraudulent wealth transfer akin to the war crimes in Iraq, which budget-busting conflict is also part of america’s problem, is preposterous on it’s face.A republican said that the so-called over-sight provision utilizes a standard of judicial review that would render impossible any purported review/abrogation (and after the fact at that) of paulson’s largesse to his bro’s on wall street and bush buddies. Mike Stathis The Market Oracle September 22, 2008… As far as I’m concerned, anyone who doesn’t conduct a full investigation of this charade leading to several CEOs and other executives in prison with all of their assets being shuttled into America’s bailout fund doesn’t have what it takes to lead America anywhere except on its current course – downward. But it doesn’t really matter at this point anyway. Washington and the greedy bankers have ensured the end of what was once a great and proud nation filled with hope and opportunity. … , Dollar Weakens Most Against Euro Since 2001 on U.S. Deficit , Financial terrorism: US taxpayers bail out Wall Street criminals , A Bailout to Nowhere ,…Cramer had said the astonishing 779-point rally over the past two days can only mean one thing: sell. , in this election year obfuscation/desperation to cover-up since all real news remains decisively negative as leading indicators fall, unemployment claims rise, but suckers’ bear market rally b**l s**t talking points without realistic, legitimate, sound foundation previously rallied stocks in nearly 600 point swing to the upside as wall street shill/fraud/pointman/incompetent paulson floats new fraudulent wealth transfer paid for by taxpayers (yet another bailout – tax revolts as predicted by trendsresearch.com are a coming – McCain is quite right that land of fruits and nuts man cox should be fired from the SEC; A New Resolution Trust Corp. for the Bankers? Kurt Nimmo | Congress critters, former Fed mob bosses want a public boondoggle along the line of the Resolution Trust Corp. to bailout the banksters) and insurmountably increasing the defacto bankrupt government’s debt in favor of the very well-healed perpetrators of the fraud who should be prosecuted and forced to disgorge their ill-gotten gains (bonuses, etc., in the multi-billions) before even broaching the ill-advised united soviet socialist states of america plan to have taxpayers pay for the wall street fraud, and then there was the ridiculous spike from fed’s announced printing/creating more worthless Weimar dollars ($180 billion - All Roads Lead To Hyperinflation ) which even coupled with foreign contributions does not even register a blip of difference in light of the magnitude of the amount of debt, $14 trillion private/$15 trillion public, much of which must be written down/off/non-performing . Don’t be wall street’s (churn and earn) fool; time for them to pay up; time for you to sell/take profits/cut losses! Housing construction plunges 6.2 pct. in August , Worst is yet to come, investment strategist warns (at MarketWatch) , more gov’t bailout taxpayer money with ever more worthless Weimar dollars (fed printing/creating them like mad) proves the only lunatics (yes, the full moon) are not limited to those lunatic fraudulent wall street needful things who should be prosecuted and forced to disgorge their ill-gotten gains, as united soviet socialist states of america (who built up communist china so who could have expected less) takes 80% stake in AIG, spreads widening as piles of worthless debt/securities/collateral unwind so sell into these suckers’ bear market rallies as all problems remain US Economy: Rudderless and Reeling From Direct Hits , Federal bank insurance fund dwindling , More Socialism for the Bankers: Fed to “Loan” AIG $85 Billion , economy so bad oil demand own, so cut your losses/take whatever gains/get your money out while you still can as industrial output down much greater than expected 1.1% (for the prior month) , Meltdown in US finance system pummels stock market , Rogers: Dollar To Lose World Reserve Status , AIG downgraded as financial meltdown spreads , Wall Street mauled by Lehman bankruptcy, AIG fears , highest year over year foreclosures on record, retail down .3% while inventories up, as bad news spurs over 150 point swing to the upside into the close which shows irrationally fraudulent markets trying to keep suckers sucked in for their commissioning pleasure, Bullish Sentiment Drops 30% , CBOE Put-Call Ratio Indicates Negative Outlook , Get Ready For the S&P 500 to Break Below 1200 , WaMu cut to "junk," sees $4.5 billion loss reserve (Reuters) , U.S. Trade Deficit Surges; Boosts Likelihood of Recession, Job Losses , August foreclosures hit another record high , federal/trade deficits among other bad news worse than expected which previously rallied stocks (riiiiight!) on over 300 point swing to the upside (I don’t think so) so sell into these ephemeral rallies/"strength”, Lehman shows wider than expected $3.9 billiion loss, Another bull joins the bears Peter Eliades now says Dow should drop below 9,000, election-year sugar/fake reports as Pending home sales fall more than expected 3.2% , Fannie/Freddie fail, federal takeover, taxpayer bailout (which the frauds on wall street cheer since they believe their fraudulent gains, many billions worth, might not be touched - they should be disgorged through prosecution) as defacto bankrupt government to commit $100 billion each to insolvent fannie/freddie ($200 billion they really don’t have to start with), very ridiculous so sell into ephemeral rallies/"strength" since the same and all is very bad news Top Investor: Fannie/Freddie Bailout Serves "Bunch Of Crooks And Incompetents" (more to follow this update on 9-7-08) suckers’ bear market/short-covering rally into the close on 200 point swing to the upside (riiiiight) on very bad news, nonfarm payrolls fell by 84,000 during August, bringing the unemployment rate to 6.1%, THE LATEST FRIDAY FAILURE FOR THE U.S. BANKING INDUSTRY: US to take control of mortgage giants: reports , Home foreclosures reach record high , and keep in mind frauds/scams like wall street today invariably unravel as reality bites with all news bad (except for fake news) and worse than expected with new unemployment claims up more than 15,000 on top of terrible back-to-school shopping/retail numbers, though still sugar-coated for election year as sales at GM down 20% Ford down 26%, bankruptcies up, credit union taken over by feds, August ISM Index down below 50 indicating contraction, construction spending fell a larger-than-expected 0.6%, and spending down to lowest level in 3 years with income declining .7% in contrast to previous day’s suckers’ bear market rally on light volume so great time to sell/take profits while you can since all problems remain] Election-year feel good typically false/embellished at best temporary report on GDP 58% better than private forecasts along with that bastion of american credibility, the scandal scarred prevaricating commerce department comes through with fraudulent talking point for the wall street frauds with durable goods numbers exceeding private economist estimates by 400% (I don’t think so!), as one of Motek’s experts says GDP number from government, at best temporary blip from rebate stimulous (those election-year monies/printed Weimar dollars debt-ridden u.s. doesn’t really have) and multi-national exports on weak dollar, seventh staight monthly decline in payrolls in this real recession, and continued problems in financial sector/real estate/defaults/writedowns; while another seasoned expert says doesn’t look good particularly for third and fourth quarters. Motek’s expert says FDIC might have to borrow from treasury [ FDIC may borrow money from Treasury ], second largest quarterly loss on record from thrifts at $5.4 billion, Fannie/Freddie fail the performance test, and precipitous fall in leading economic indicators indicative of deeper/longer recession that we’re already in so high allocation to cash/low allocation to stocks. The Real Rate of Inflation is 13% No way to credibly spin the record real estate price declines on high volume of foreclosure sales/high unsold inventories, high inflation as other than the economic debacle it is, Motek’s expert reiterates reality of this bear market, that stocks will resume slide, good time to sell since pricey/frothy at avg. 24 P/E, that Freddie/Fannie bailout/gov’t. takeover inevitable, more troubled banks [ FDIC's Problem Banks List Balloons (at TheStreet.com) ] as loan defaults extend losses in sub-prime, to now prime, commercial, student loans, credit cards, even as inflation up, and outlook very bleak. Previously, another bank failure, but they say existing home sales up greater than expected 3.1%…but from auction/foreclosure sales (40%), prices down 7% (-22% in land of fruits and nuts) and inventories of for sale/unsold homes at new record high since tracking began in 1968 and worse to come, Chicago index of manufacturing down indicating further economic weakness and Motek’s expert says ‘put’ activity indicates at least 10-15% more downside from here/government bailout ot fannie/freddie inevitable and f/f stock worthless as all news decisively bad beyond expectations though fudged to upside for election year and yet bernanke who is printing worthless hyperinflationary Weimar dollars like mad soothed (gives them fraudulent talking point) the frauds on wall street saying essentially the economy is so bad inflation less of a problem (and no interest rate hike-old news because of economic weakness and bad for dollar) sparking suckers bear market rally on light volume, Buffett: We're still in a recession, leading indicators down .7%, unemployment near record levels,Oil jumps $5 on US-Russia tensions, sliding dollar , hence great opportunity to sell/take profits since all problems remain and dollar mini-spike short-lived though some fluctuations to upside on speculation other economies will tank. Wholesale prices: Highest annual rate in 27 years . The Strong Dollar Illusion . Housing starts and building permits posted steep declines. That hub of global manufacturing buzzing (riiiiight!) as empire state index as measured by private economists expected to fall -4.2% but is reported up +2.8% (almost 300% better-I don’t think so, and don’t buy the Brooklyn bridge, watches, swamp land in jersey, etc.), inflation news double expectations Bracing for Inflation August 15, 2008 (BusinessWeek Growing evidence suggests American consumers, businesspeople, and political leaders should all be bracing for double-digit inflation, probably as early as 2009), real estate falling, U.S. Foreclosures Rise 55%, Bank Seizures Reach High , unemployment at recession levels, etc.,. Note the rotation into the obscure world of so-called tech which provides, as in prior such ploys (ie., dot-com bust, more recent bust, etc.) the world street frauds with the ability to sell the sizzle since investors and americans generally don’t understand it (ie., iphones are a joke where the so-called “computer” is merely a restrictor of usual computer functions now tied into apple products and government shill co att, and anyone who pays the premium for apple products is a fool), and all news bad albeit fudged to the upside in this election year. Fake trade figures, more writedowns/bad debt, still great opportunity to sell/take profits. Just another frothy day in the rabidly fraudulent lunatic world of wall street and great opportunity to sell/take profits since all problems remain and dollar mini-spike short-lived. Fog of war ( U.S. Attacks Russia Through Client State Georgia – don’t believe american lies/propaganda to the contrary) is frauds friend, repeat three times to understand fraudulent wall street euphoria over diversion (Georgia conflict) from their massive fraud which brought much greater than expected losses at fannie (U.S. Headed Toward Bankruptcy, Says Top Budget Committee Republican ) and triple-digit decline to triple digit upswing so especially great opportunity to sell/take profits as glass-half-full kind of frauds point to increase in (foreclosure/auction/forced) home sales (riiiiight!) while they can no longer hide substantially increased unemployment, etc., economy so bad oil demand declining which is shill point for next stage of (new) wall street fraud/commissioned churn and earn scam which the taxpayers just underwrote/paid for with complicit government, executive/legislative/judicial branches/fed. Great opportunity to sell/take profits since all problems remain as real numbers indicate previous decline in GDP though falsely reported as gain, greater unemployment (watch for fake numbers from government) and much more downside to come as stocks previously rallied on sharp increase in oil prices and ADP, A JERSEY BASED COMPANY NOT UNFAMILIAR TO THE FRAUD/CRIME OF PLACING FAKE/NON-EXISTENT EMPLOYEES ON PAYROLLS TO FACILITATE (ILLEGAL/DRUG) MONEY LAUNDERING PLAYING BALL (I’M SURE FOR A PRICE/FAVOR) WITH THE FRAUDS ON WALL STREET/ADMIN. WITH ALLEGED, UNEXPECTED INCREASE IN PRIVATE SECTOR JOBS, and short-covering. The Dow Priced in Ounces of Gold: Secular Bear Market Since '99 by Lindstrom from Seeking Alpha AP Business Highlights A private research group says that Americans remain the most pessimistic about the economy since the tail end of the last prolonged recession 16 years ago. But economists warn that the slight uptick, which reverses a six-month slide since January, is likely to be only temporary and doesn't signal the beginning of a rally…Yahoo… the survey only has weak correlation with actual spending, so Briefing.com does not put too much stock in the report.] Quantifying Inflation by Zigler from Seeking Alpha, Housing report bruises frauds on wall street with reality but false report from corrupt, scandal-scarred, criminal commerce department (contrary to all expectations and contrary to all regional fed manufacturing indices which declined) provides fake report and fraudulent lift . Great Opportunity to Sell/Take Profits as Reality trumps bull s**t! Sell dollar denominated assets as all problems remain. El-Erian: Buy more foreign stocksEven in this century's darkest days of recession and war, U.S. households kept on spending. But one of the smartest investors on the planet says the American consumer is finally out of steam. Even if, and it is not, oil were the only problem, the same is just a disruption away from a spike. Suckers’ bear market/short-covering rally based on bull s**t alone, this time by wall street shill paulson whose bailout rhetoric brings ‘irrational exuberance’ since wall street frauds should be prosecuted, required to disgorge ill-gotten gains, and jailed since they’re the ones who benefited and are escaping accountability by the bailout. Except for multi-nationals and corporate welfare recipients (ie., Lockheed, etc.), greater than expected losses in not millions but billions rallied the stocks. Remember, these are huge financial institutions unlike the tiny S&Ls of the last banking fraud/wealth transfer (to frauds at expense of taxpayers). Leading indicators revised down (after ‘election year keep the incumbents’ fake report). What do you expect the wall street frauds/criminals who should be held accountable and the failed (and illegal- constitution would have to be amended to enable Fed to print those worthless Weimar dollars with now even failed Fannie and Freddie getting some with taxpayer bailout) Fed to say; admit they royally f**ked up, etc., better than expected very bad news, ie., Citibank loses only $2.5 billion, hyperinflation, over 200% more (suuuuure!) than expected oil inventories, GM cuts dividend, Intel monopoly eliminates AMD, economy so bad less oil use/demand, riiiiight! What total bull s**t! SELL INTO STRENGTH, TAKE PROFITS WHILE YOU CAN!] Similarities between 1929 and 2008 terrifying [In just the month of June, the Dow dropped 10.19%; the S&P fell 8.60%, and the Nasdaq lost 9.10%. For the quarter, the Dow fell 7.44%; the S&P lost 3.23%, while the Nasdaq had an anemic 0.61% gain. For the first half, the Dow is down 14.44%; the S&P lost 12.83%; and the Nasdaq has fallen 13.55%. Since their high point last October, the Dow gave up 19.87%; the S&P dropped 18.22%; and the Nasdaq is down 19.80%. A 20% drop from a market peak is considered the start of a bear market — although many analysts say Wall Street already has a bear market mentality (because the bear market already is. Some chart data/numbers on bear markets: first chart second chart).] FAKE GOV’T/ETC. ELECTION YEAR REPORTS THAT EXCEED ECONOMISTS/ANALYSTS FORECAST/EXPECTATIONS, EARNINGS NOT AS BAD AS EXPECTATIONS (SUUUUURE-SAME OLD FRAUD). GREAT OPPORTUNITY TO SELL (TAKE PROFITS) WHILE YOU CAN, ESPECIALLY WITH SUCKERS’ BEAR MARKET RALLIES ON NEGATIVE NEWS (PARTICULARLY SNEAKING INTO THE CLOSE). NOTHING HAS CHANGED REGARDING TRADE AND BUDGET DEFICITS, WORTHLESS WEIMAR DOLLAR AND THE HYPERINFLATION/STAGFLATION THEREBY, AND ELECTION YEAR (THIS IS AN EPHEMERAL GOOD AS IT GETS SCENARIO) ATTEMPTS TO REINFLATE THE BUBBLE, ETC., THAT HAS HELPED TO CREATE THIS FINANCIAL/ECONOMIC DEBACLE. THE FED/WALL STREET FOCUS/DEFLECTION ON CORE INFLATION IS A SHAM/FRAUD AND TANTAMOUNT TO SAYING IF YOUR MOTHER HAD WHEELS SHE’D BE A TROLLEY CAR. [eND OF FIRST QUARTER DOW –8%, nASDAQ-14%, AND S&P-10%. WALL STREET IS A JOKE THAT IS NOT FUNNY]. USA 2008: The Great Depression. High Likelihood of a Market Crash Similarities between 1929 and 2008 terrifying I WARNED AGAINST THE DEBACLE IN IRAQ, I WARNED AGAINST GIVING DUMBYA BUSH WAR POWERS, I WARNED OF THE BUBBLES IN REAL ESTATE AND STOCKS, AND NOW I WARN AGAINST INVESTING IN DOLLAR DENOMINATED SECURITIES OR HOLDING SAME (SELL INTO STRENGTH/TAKE PROFITS/SELL). SUCKERS’ BEAR MARKET/SHORT COVERING RALLY/NEW BUBBLE MODE (ALONG WITH MODEST DROPS RELATIVE TO REALITY) SO SELL (TAKE PROFITS) AS THE WALL STREET SCAM IS UNEARTHED BY REVELATION THAT OF 9 INVESTMENT VEHICLES S&P (MAJORITY OF 401K HOLDINGS, ETC.) WAS WORST PERFORMER (1% OR LESS AND IF YOU FACTOR IN DECLINING DOLLAR, NEGATIVE RELATIVE TO NON-DOLLAR DENOMINATED ALTERNATIVES OVER DECADE). JAWBONER BERNANKE SAYS THIS DOWNTURN IS DIFFERENT FROM THE GREAT DEPRESSION AND HE IS RIGHT INASMUCH AS AMERICA UNLIKE AFTER THE GREAT DEPRESSION WILL EMERGE FROM THIS DOWNTURN AS SOMETHING SIGNIFICANTLY AND SUBSTANTIALLY LESS FROM WHICH THERE WILL BE NO RETRACEMENT TO THE UPSIDE FINANCIALLY, ECONOMICALLY, GEOPOLITICALLY.Bank issues global stock and credit crash alert... Write Offs to Top $1.3 Trillion.Who didn’t see this coming?The Next Crisis: 'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' . 5 REASONS WHY THE FED HAS FAILED. GREENSPAN: NO REGRETS; U.S. IN SEVERE RECESSION. UK, US, AND WORLD FACING THE BIGGEST FINANCIAL SHOCK SINCE THE GREAT DEPRESSION, SAYS IMF. VIX TO VXV RATIO IS GIVING A STRONG BEARISH SIGNAL YAHOO FINANCE SUMMARIZES THE ESSENCE OF THE TRADING DAY: [BEFORE THE YAHOO MAINSTREAM FLUFF, IT IS NOTEWORTHY THAT ALL THE PROBLEMS REMAIN FROM DEFICITS TO WORTHLESS WEIMAR DOLLAR TO FRAUD TO FAKE GOV’T REPORTS, suckers’ bear market rally into the close, Analysts say more U.S. banks will fail Jim Rogers: Dollar Doomed, Oil Will Go Over $200 per Barrel Soon Fannie Plan a `Disaster' to Rogers; Goldman Says Sell , why would anyone hold/invest in dollars (deficits, trade and budget substantial, economic growth declining) so sell/take profits, if you’re smart, as higher oil prices (7-10-08) sparks rally (riiiiight!) and investors were encouraged by the possibility of more contributions to their fraud, and Paulson says things are not as bad as the reports in this election year; he’s right; they’re much worse! Remember greenspan’s perpetual envy of all the world speeches; now Bernanke printing hyperinflationary Weimar dollars like mad; they’re dreaming. Similarities between 1929 and 2008 terrifying U.S. stocks post sharp weekly losses; bear market that already is now said nears , Stocks tumble as more bad economic news piles up, Wave of bad news sends Dow down nearly 360, Sales of new homes tumbled for the sixth time in seven months in May while median prices kept plunging, American Express sees worsening credit conditions, but fake government report of higher than expected oil inventories (riiiiight!) rallies stocks, Home prices fall in April at record rate, Consumer confidence sinks to 16-year-plus low , BlackRock sees global slowdown worsening in 2009 , DOWNGRADES OF BANKING/FINANCIAL SECTOR AND IN AUTO SECTOR ALONG WITH BOND INSURERS AMBAC, MBIA, AMERICA’S BLIND SUPPORT OF ISRAEL/ISRAELI AGGRESSION DEPRESSION CONTINUES ON COURSE, PHILADELPHIA FED INDEX REGIONAL ASSESSMENT OF MANUFACTURING ACTIVITY POSTED A BAD READING OF -17.1 FOR JUNE WITH JOBLESS CLAIMS MORE THAN EXPECTED AND ANALYST SAYS RAISING CHINA'S GASOLINE AND DIESEL PRICES BY 46 CENTS A GALLON NOT ENOUGH TO HAVE MUCH IMPACT ON EXISTING DEMAND, INFLATION UP AND PRODUCTION DOWN EQUALS STAGFLATION (EVEN WORSE WHEN REAL NUMBERS HIT HOME), NEW YORK MANUFACTURING INDEX DOWN AGAIN, REAL ESTATE PLUNGING, HOME BUILDERS’ CONFIDENCE AT/NEAR RECORD LOWS, BAD NEWS BULLS SCENARIO AS ALL NEWS BAD BUT STOCKS RALLIED (AT BEST GIVING THEM BENEFIT OF DOUBT, A SHORT-COVERING RALLY) AS CONSUMER CONFIDENCE AT LOWEST POINT IN 28 YEARS FOR GOOD REASONS, FORECLOSURES UP 50% TO RECORD HIGH LEVELS, COMMODITIES (IE., CORN, ETC.) UP SHARPLY OWING TO MIDWEST FLOODS WHICH WILL ALSO IMPACT OIL TO THE UPSIDE GOING FORWARD AS LESS ETHANOL SUPPLIES/HIGHER PRICES, ONE RADIO REPORTER INTERVIEWS ECONOMIST WHO INDICATES SCEPTICISM REGARDING (IE., INFLATION, ETC.) NUMBERS WHICH HE BELIEVES ARE WORSE THAN REPORTED (HE’S RIGHT) BUT STILL MORE THAN EXPECTED UP .6% AND UP MOST IN 6 MONTHS (INFLATION NUMBERS FUDGED FOR FED), ALL-TIME HIGH REPOSSESSIONS UP 158%, JOBLESS CLAIMS UP MORE THAN EXPECTED AT HEFTY 384,000, RETAIL SALES UP MORE THAN EXPECTED 1.4% (EXCLUDING AUTOS-SMART MOVE FOR NUMBERS SAKE AND WALL STREET FRAUD), BUT INVENTORIES OF GOODS ROSE (THERE’S A LITTLE COST-ACCOUNTING TRICK WHICH FRAUDS ON WALL STREET WOULD CELEBRATE/ENCOURAGE SINCE QUALITY OF EARNINGS IS APPARENTLY NO LONGER SOMETHING THEY VALUE-SELL THE SIZZLE/B**L S**T/AND WHAT IS LEAST UNDERSTOOD IS THERE MODUS POERANDI/MANTRA, VIZ., OVER-PRODUCE GOODS FOR SALE (THE HIGHER INVENTORIES JUST REPORTED) AND ATTRIBUTE FIXED COSTS TO GREATER NUMBER OF GOODS WHICH WOULD INCREASE PAPER PROFITS FOR THOSE GOODS SOLD IN THE QUARTER (BE ESPECIALLY WARY SINCE COMPUTERIZATION HAS MADE SUCH INVENTORY SURPLUSES AND THE CYCLICAL DOWNTURNS THEREBY RELATIVELY RARE/MINISCULE) AND THEIR RETAIL SALES INCLUDES THOSE HIGH OIL PRICES, BERNANKE JAWBONES DOLLAR UP, RIIIIIGHT, SOME REALITY CATCHES UP AS UNEMPLOYMENT RATE JUMPS TO 5.5% WHILE INTERNATIONAL LAW SCOFFLAW ISRAEL SAYS ATTACKING IRAN INEVITABLE AS OIL ANALYST SAYS $300 OIL IF UN RESOLUTION VIOLATOR/WAR CRIMINAL ISRAEL DOES, BELYING THE FALSE DATA, IE., 6-5-08 UNEMPLOYMENT CLAIMS DOWN UNEXPECTEDLY 18,000 TO STILL HIGH 357,000, ETC., REMAINING PROBLEMS INCLUDING HOME EQUITY AT LOWEST LEVELS SINCE WW2, DOWNGRADES ON FINANCIALS INCLUDING AMBAC AND MBIA, ADP, A JERSEY BASED COMPANY NOT UNFAMILIAR TO THE FRAUD/CRIME OF PLACING FAKE/NON-EXISTENT EMPLOYEES ON PAYROLLS TO FACILITATE (ILLEGAL/DRUG) MONEY LAUNDERING PLAYING BALL (I’M SURE FOR A PRICE/FAVOR) WITH THE FRAUDS ON WALL STREET/ADMIN. WITH ALLEGED, UNEXPECTED INCREASE IN PRIVATE SECTOR JOBS, NET WORTH/WEALTH IN U.S. DOWN 11% ACROSS THE BOARD, DOLLAR DOWN AS EUROPE RATIONALLY CONFRONTS INFLATION AND HINTS AT RATE INCREASES, OIL UP SHARPLY, BIG DISCOUNTERS’ GAINS HARDLY MAKE FOR A POSITIVE RETAIL CLIMATE WITH SHOPPING LEVELS DOWN 12-16%, MANUFACTURING INDEX STILL BELOW 50 INDICATING CONTRACTION, CONSTRUCTION DOWN, INFLATION UP (THAT EQUALS STAGFLATION), AIRLINES EXPECTING $2.3 BILLION LOSS INSTEAD OF PREVIOUSLY PROJECTED PROFIT, LARGEST PRICE DECLINES FOR REAL ESTATE OF RECORD –14.4% (-22% IN THE LAND OF FRUITS AND NUTS) ACCORDING TO CASE-SHILLER INDEX, CONSUMER CONFIDENCE AT LOWEST LEVEL IN 16 YEARS, BUT BAD NEWS BULLS RALLY STOCKS ON THE BETTER THAN EXPECTED FAKE DATA ALONG WITH PLAIN BAD NEWS AS CONSUMER CONFIDENCE READING AT 28 YEAR LOW, CONSUMER SPENDING FLAT ADJUSTED FOR INFLATION, INFLATION EXPECTATIONS AT RECORD HIGHS WHILE 55% BELIEVE GOVERNMENT ECONOMIC POLICY IS POOR (I’M SURPRISED AT THE LOW PERCENTAGE RELATIVE TO REALITY), DROP IN OIL INVENTORIES (OIL DROPS) AND FAKE GOV’T REPORT REVISING FIRST QUARTER GROWTH TO .9% (SUUUUURE… YOU THINK THE ‘WHAT HAPPENED’ REVELATIONS, SUBSTANTIVELY REPORTED ON THIS WEBSITE LONG AGO (PRE-WAR), HAD SOMETHING TO DO WITH THE FUDGING ), AND THINGS ARE NOT AS BAD AS THEY REALLY ARE … GREAT … RIIIIIGHT. ANALYST EMPASIZES TREASURY YIELDS AT HIGHEST POINT THIS YEAR, WEAK CONSUMER CONFIDENCE (WHICH TRANSLATES INTO WEAK SPENDING), FINANCIAL MELT-DOWN FAR FROM OVER AS REGIONAL BANKS BEGIN TO TAKE HITS WHILE OIL ANALYST CITES UPWARD PRESSURE ON PRICES AND TOUGH ENVIRONMENT FOR REFINERS. DON’T FORGET: THIS ELECTION YEAR PRINT AND SPEND WORTHLESS WEIMAR DOLLARS, SPIKE IN GOVERNMENT PAYROLLS, FAKE/FUDGE DATA/REPORTS, ETC., CAN’T CONTINUE IN LIGHT OF SUBSTANTIAL DEFICITS AND THE FANTASY BUBBLE WILL BURST POST ELECTION.Bank issues global stock and credit crash alert... Write Offs to Top $1.3 Trillion.Who didn’t see this coming? The Next Crisis: 'Credit Default Swaps'-- Subprime is a Just a 'Vorspeise' U.S. faces global funding crisis, warns Merrill Lynch More doom for global economy Visualizing Dow 6,000 ] U.S. Economy: The Worst is Yet to Come , U.S. Bank Failures Loom , New reports give bleak outlook on housing, economy, Foreclosures hit a record high — and more coming, Ford readies white-collar layoffs as sales tumble While GM Shutters 4 North american Factories/Lays off Workers (Reuters), April insured mortgage defaults rise (Reuters))

(3-31-10) Dow 10,856 -50 Nasdaq 2398 -12 S&P 500 1,169 -4 [CLOSE- OIL $83.76 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,115 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.53 (+47% for year 2009) PLATINUM $1,646 (+56% for year 2009) / DOLLAR= .74 EURO, 93 YEN, .65 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.83% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-30-10) Dow 10,907 +11 Nasdaq 2410 +6 S&P 500 1,173 -0- [CLOSE- OIL $82.37 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,105 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.33 (+47% for year 2009) PLATINUM $1,623 (+56% for year 2009) / DOLLAR= .74 EURO, 93 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.87% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-29-10) Dow 10,895 +45 Nasdaq 2404 +9 S&P 500 1,173 +6 [CLOSE- OIL $82.17 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,110 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.38 (+47% for year 2009) PLATINUM $1,626 (+56% for year 2009) / DOLLAR= .74 EURO, 92 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.86% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-26-10) Dow 10,850 +9 Nasdaq 2395 -2 S&P 500 1,166 -0- [CLOSE- OIL $80 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,103 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.90 (+47% for year 2009) PLATINUM $1,596 (+56% for year 2009) / DOLLAR= .74 EURO, 92 YEN, .67 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.86% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-25-10) Dow 10,841 +5 Nasdaq 2397 -1 S&P 500 1,165 -2 [CLOSE- OIL $80.53 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,090 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.74 (+47% for year 2009) PLATINUM $1,601 (+56% for year 2009) / DOLLAR= .75 EURO, 92 YEN, .67 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.90% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-24-10) Dow 10,836 -53 Nasdaq 2398 -16 S&P 500 1,168 -6 [CLOSE- OIL $80.61 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,089 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.65 (+47% for year 2009) PLATINUM $1,577 (+56% for year 2009) / DOLLAR= .75 EURO, 92 YEN, .67 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.83% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-23-10) Dow 10,888 +103 Nasdaq 2415 +19 S&P 500 1,174 +8 [CLOSE- OIL $81.91 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,104 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.02 (+47% for year 2009) PLATINUM $1,607 (+56% for year 2009) / DOLLAR= .74 EURO, 90 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.68% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-22-10) Dow 10,786 +43 Nasdaq 2395 +20 S&P 500 1,165 +5 [CLOSE- OIL $81.65 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,100 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.94 (+47% for year 2009) PLATINUM $1,605 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.66% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-19-10) Dow 10,742 -37 Nasdaq 2374 -17 S&P 500 1,159 -6 [CLOSE- OIL $80.68 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.09 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,107 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.03 (+47% for year 2009) PLATINUM $1,597 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.69% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-18-10) Dow 10,779 +45 Nasdaq 2391 +2 S&P 500 1,165 -1 [CLOSE- OIL $82.20 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.08 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,128 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.42 (+47% for year 2009) PLATINUM $1,626 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .65 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.67% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-17-10) Dow 10,734 +47 Nasdaq 2389 +11 S&P 500 1,166 +6 [CLOSE- OIL $82.93 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.08 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,125 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.51 (+47% for year 2009) PLATINUM $1,631 (+56% for year 2009) / DOLLAR= .72 EURO, 90 YEN, .65 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.64% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-16-10) Dow 10,686 +44 Nasdaq 2378 +16 S&P 500 1,159 +9 [CLOSE- OIL $81.70 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.08 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,123 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.35 (+47% for year 2009) PLATINUM $1,635 (+56% for year 2009) / DOLLAR= .72 EURO, 90 YEN, .65 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.65% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-15-10) Dow 10,642 +17 Nasdaq 2362 -5 S&P 500 1,150 -0- [CLOSE- OIL $79.76 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.08 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,105 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.10 (+47% for year 2009) PLATINUM $1,623 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.69% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

(3-12-10) Dow 10,625 +13 Nasdaq 2368 -1 S&P 500 1,149 -0- [CLOSE- OIL $81.24 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.08 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,107 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.04 (+47% for year 2009) PLATINUM $1,602 (+56% for year 2009) / DOLLAR= .72 EURO, 90 YEN, .65 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.71% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(3-11-10) Dow 10,611 +45 Nasdaq 2368 +9 S&P 500 1,150 +4 [CLOSE- OIL $82.11 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.06 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,108 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.16 (+47% for year 2009) PLATINUM $1,612 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.72% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(3-10-10) Dow 10,567 +3 Nasdaq 2359 +18 S&P 500 1,145 +5 [CLOSE- OIL $81.49 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.06 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,108 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.01 (+47% for year 2009) PLATINUM $1,589 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.72% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(3-9-10) Dow 10,564 +11 Nasdaq 2340 +8 S&P 500 1,140 +1 [CLOSE- OIL $81.49 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.06 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,122 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.34 (+47% for year 2009) PLATINUM $1,603 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.70% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(3-8-10) Dow 10,553 -13 Nasdaq 2332 +5 S&P 500 1,138 -.20 [CLOSE- OIL $81.87 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.06 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,135 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.38 (+47% for year 2009) PLATINUM $1,574 (+56% for year 2009) / DOLLAR= .73 EURO, 89 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.71% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(3-5-10) Dow 10,566 +122 Nasdaq 2326 +34 S&P 500 1,138 +15 [CLOSE- OIL $81.53 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $3.00 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,135 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.38 (+47% for year 2009) PLATINUM $1,574 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.68% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(3-4-10) Dow 10,444 +47 Nasdaq 2292 +11 S&P 500 1,122 +4 [CLOSE- OIL $80.21 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $3.00 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,133 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.17 (+47% for year 2009) PLATINUM $1,572 (+56% for year 2009) / DOLLAR= .73 EURO, 89 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.61% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(3-3-10) Dow 10,396 -9 Nasdaq 2280 +0 S&P 500 1,118 +0 [CLOSE- OIL $80.87 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $3.00 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,143 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.33 (+47% for year 2009) PLATINUM $1,576 (+56% for year 2009) / DOLLAR= .73 EURO, 88 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.63% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(3-2-10) Dow 10,405 +2 Nasdaq 2280 +7 S&P 500 1,118 +2 [CLOSE- OIL $79.68 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $2.96 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,137 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.06(+47% for year 2009) PLATINUM $1,576 (+56% for year 2009) / DOLLAR= .73 EURO, 88 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.61% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(3-1-10) Dow 10,404 +79 Nasdaq 2274 +35 S&P 500 1,116 +11 [CLOSE- OIL $78.70 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $2.96 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,118 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.51(+47% for year 2009) PLATINUM $1,545 (+56% for year 2009) / DOLLAR= .73 EURO, 89 YEN, .66 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.61% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-26-10) Dow 10,325 +4 Nasdaq 2238 +4 S&P 500 1,104 +1 [CLOSE- OIL $79.66 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $2.96 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,119 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.51(+47% for year 2009) PLATINUM $1,545 (+56% for year 2009) / DOLLAR= .73 EURO, 88 YEN, .65 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.60% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-25-10) Dow 10,321 -53 Nasdaq 2234 -2 S&P 500 1,103 -2 [CLOSE- OIL $78.17 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $2.96 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,106 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.89 (+47% for year 2009) PLATINUM $1,532 (+56% for year 2009) / DOLLAR= .73 EURO, 89 YEN, .65 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.63% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-24-10) Dow 10,374 +91 Nasdaq 2235 +22 S&P 500 1,105 +10 [CLOSE- OIL $80 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $2.96 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,097 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.93 (+47% for year 2009) PLATINUM $1,517 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .64 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.70% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-23-10) Dow 10,282 -101 Nasdaq 2213 -29 S&P 500 1,094 -13 [CLOSE- OIL $78.86 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $2.96 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,103 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.89 (+47% for year 2009) PLATINUM $1,509 (+56% for year 2009) / DOLLAR= .73 EURO, 90 YEN, .64 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.69% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-22-10) Dow 10,383 -19 Nasdaq 2242 -2 S&P 500 1,108 -1 [CLOSE- OIL $80.16 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.65 (reg. gas in LAND OF FRUITS AND NUTS $2.96 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,113 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.25 (+47% for year 2009) PLATINUM $1,523 (+56% for year 2009) / DOLLAR= .73 EURO, 91 YEN, .64 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.79% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-19-10) Dow 10,402 +9 Nasdaq 2244 +2 S&P 500 1,109 +2 [CLOSE- OIL $79.83 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,122 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.29 (+47% for year 2009) PLATINUM $1,526 (+56% for year 2009) / DOLLAR= .74 EURO, 91 YEN, .64 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.78% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-18-10) Dow 10,393 +83 Nasdaq 2242 +15 S&P 500 1,106 +7 [CLOSE- OIL $79.06 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,119 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.06 (+47% for year 2009) PLATINUM $1,509 (+56% for year 2009) / DOLLAR= .74 EURO, 91 YEN, .64 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.8% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-17-10) Dow 10,309 +40 Nasdaq 2226 +12 S&P 500 1,099 +5 [CLOSE- OIL $77.33 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,120 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.29 (+47% for year 2009) PLATINUM $1,529 (+56% for year 2009) / DOLLAR= .73 EURO, 91 YEN, .63 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.74% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-16-10) Dow 10,269 +169 Nasdaq 2214 +30 S&P 500 1,095 +19 [CLOSE- OIL $77.01 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,119 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.15 (+47% for year 2009) PLATINUM $1,539 (+56% for year 2009) / DOLLAR= .72 EURO, 89 YEN, .63 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.65% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10) Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing/unaccounted for, that NY is now a global hub of manufacturing activity with stimulus-generated inventory increase (even if believed), that former obfuscating source of cyclic up must come down as said inventories are unsold or unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-12-10) Dow 10,099 -45 Nasdaq 2183 +6 S&P 500 1,075 -3 [CLOSE- OIL $74.13 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,092 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.51 (+47% for year 2009) PLATINUM $1,513 (+56% for year 2009) / DOLLAR= .73 EURO, 89 YEN, .63 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.69% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-11-10) Dow 10,144 +105 Nasdaq 2177 +29 S&P 500 1,078 +10 [CLOSE- OIL $75.29 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,095 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.59 (+47% for year 2009) PLATINUM $1,529 (+56% for year 2009) / DOLLAR= .73 EURO, 89 YEN, .63 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.73% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-10-10) Dow 10,038 -20 Nasdaq 2147 -3 S&P 500 1,068 -2 [CLOSE- OIL $72.63 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,076 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.30 (+47% for year 2009) PLATINUM $1,509 (+56% for year 2009) / DOLLAR= .72 EURO, 89 YEN, .63 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.69% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-9-10) Dow 10,058 +150 Nasdaq 2151 +24 S&P 500 1,070 +13 [CLOSE- OIL $73.75 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,077 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.45 (+47% for year 2009) PLATINUM $1,502 (+56% for year 2009) / DOLLAR= .73 EURO, 89 YEN, .64 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.64% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-8-10) Dow 9,908 -104 Nasdaq 2126 -15 S&P 500 1,056 -9 [CLOSE- OIL $71.89 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,066 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.09 (+47% for year 2009) PLATINUM $1,488 (+56% for year 2009) / DOLLAR= .73 EURO, 89 YEN, .64 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.56% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-5-10) Dow 10,012 +10 Nasdaq 2141 +15 S&P 500 1,066 +3 [CLOSE- OIL $71.19 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,065 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.15 (+47% for year 2009) PLATINUM $1,483 (+56% for year 2009) / DOLLAR= .73 EURO, 89 YEN, .63 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.55% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-4-10) Dow 10,002 -268 Nasdaq 2125 -65 S&P 500 1,063 -34 [CLOSE- OIL $73.14 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.00 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,063 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.26 (+47% for year 2009) PLATINUM $1,505 (+56% for year 2009) / DOLLAR= .72 EURO, 89 YEN, .63 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.61% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-3-10) Dow 10,270 -26 Nasdaq 2190 -0- S&P 500 1,097 -6 [CLOSE- OIL $76.98 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.00 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,112 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.35 (+47% for year 2009) PLATINUM $1,574 (+56% for year 2009) / DOLLAR= .72 EURO, 91 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.70% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-2-10) Dow 10,296 +111 Nasdaq 2190 +18 S&P 500 1,003 +14 [CLOSE- OIL $77.23 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,113 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.69 (+47% for year 2008) PLATINUM $1,579 (+56% for year 2009) / DOLLAR= .71 EURO, 90 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.65% …..… AP Business Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(2-1-10) Dow 10,185 +118 Nasdaq 2171 +23 S&P 500 1,089 +15 [CLOSE- OIL $74.43 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,103 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.62 (+47% for year 2008) PLATINUM $1,551 (+56% for year 2009) / DOLLAR= .71 EURO, 90 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.65% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International Risks Lurk for ETF Investors An Ugly Month for Equity Markets 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-29-10) Dow 10,067 -53 Nasdaq 2147 -32 S&P 500 1,074 -11 [CLOSE- OIL $72.89 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,083 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.19 (+47% for year 2008) PLATINUM $1,501 (+56% for year 2009) / DOLLAR= .72 EURO, 90 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.61% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-28-10) Dow 10,120 -116 Nasdaq 2179 -42 S&P 500 1,085 -13 [CLOSE- OIL $73.65 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,085 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.23 (+47% for year 2008) PLATINUM $1,509 (+56% for year 2009) / DOLLAR= .69 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.65% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-27-10) Dow 10,236 +42 Nasdaq 2221 +17 S&P 500 1,097 +5 [CLOSE- OIL $73.67 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,087 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.59 (+47% for year 2008) PLATINUM $1,503 (+56% for year 2009) / DOLLAR= .69 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.65% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor (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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-26-10) Dow 10,194 -3 Nasdaq 2203 –7 S&P 500 1,092 -5 [CLOSE- OIL $74.71 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,097 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.77 (+47% for year 2008) PLATINUM $1,538 (+56% for year 2009) / DOLLAR= .69 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.62% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor (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 Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-25-10) Dow 10,197 +24 Nasdaq 2211 +5 S&P 500 1,097 +5 [CLOSE- OIL $75.26 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,096 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.15 (+47% for year 2008) PLATINUM $1,553 (+56% for year 2009) / DOLLAR= .69 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.63% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor (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 The Next Wave of Collapse is Coming Sooner than you think Sliding Back Into the Great Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-22-10) Dow 10,173 -217 Nasdaq 2205 –60 S&P 500 1,091 -25 [CLOSE- OIL $74.54 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,088 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.93 (+47% for year 2008) PLATINUM $1,545 (+56% for year 2009) / DOLLAR= .69 EURO, 89 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.59% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor (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 The Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-21-10) Dow 10,389 -213 Nasdaq 2265 –25 S&P 500 1,116 -22 [CLOSE- OIL $76.08 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,093 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.37 (+47% for year 2008) PLATINUM $1,596 (+56% for year 2009) / DOLLAR= .69 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.61% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor (01-15-10) 11 Clear Signs Economy Sinking 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-20-10) Dow 10,603 -122 Nasdaq 2291 –29 S&P 500 1,138 -12 [CLOSE- OIL $77.62 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,113 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.93 (+47% for year 2008) PLATINUM $1,629 (+56% for year 2009) / DOLLAR= .69 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.66% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor (01-15-10) 11 Clear Signs Economy Sinking 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-19-10) Dow 10,725 +115 Nasdaq 2320 +32 S&P 500 1,150 +14 [CLOSE- OIL $79.03 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,138 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.76 (+47% for year 2008) PLATINUM $1,645 (+56% for year 2009) / DOLLAR= .69 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.71% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor (01-15-10) 11 Clear Signs Economy Sinking 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth We Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-15-10) Dow 10,609 -101 Nasdaq 2288 -29 S&P 500 1,136 -12 [CLOSE- OIL $78 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,130 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.39 (+47% for year 2008) PLATINUM $1,600 (+56% for year 2009) / DOLLAR= .69 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.68% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor (01-15-10) 11 Clear Signs Economy Sinking 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-14-10) Dow 10,710 +29 Nasdaq 2316 +9 S&P 500 1,148 +3 [CLOSE- OIL $79.39 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,143 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.65(+47% for year 2008) PLATINUM $1,611 (+56% for year 2009) / DOLLAR= .68 EURO, 91 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.76% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies - Domestic / International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-13-10) Dow 10,680 +53 Nasdaq 2308 +25 S&P 500 1,145 +9 [CLOSE- OIL $79.65 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,138 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.65(+47% for year 2008) PLATINUM $1,576 (+56% for year 2009) / DOLLAR= .68 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.73% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks/Bonds/Currencies- Domestic/International 01-13-10 Forecast for 2010 from Seeking Alpha Contributor 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising … Negative data spurs market rally … riiiiight! New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-12-10) Dow 10,627 -37 Nasdaq 2882 -30 S&P 500 1,136 -11 [CLOSE- OIL $80.79 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,126 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.26(+47% for year 2008) PLATINUM $1,569 (+56% for year 2009) / DOLLAR= .68 EURO, 90 YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.71% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks/Bonds/Currencies- Domestic/International 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Shrinking US Labor Force Keeps Unemployment Rate From Rising …so many people stopped looking for work and are technically not counted as unemployed …riiiiight!… Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-11-10) Dow 10,664 +45 Nasdaq 2312 –5 S&P 500 1,147 +2 [CLOSE- OIL $82.53 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,153 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.69 (+47% for year 2008) PLATINUM $1,589 (+56% for year 2009) / DOLLAR= .69 EURO, 92 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.83% …..… AP Business Highlights … ...Yahoo Market Update... ] T. Rowe Price Weekly Recap – Stocks/Bonds/Currencies- Domestic/International 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) / the new carry-trade borrow low then buy bubble Shrinking US Labor Force Keeps Unemployment Rate From Rising …so many people stopped looking for work and are technically not counted as unemployed …riiiiight!… Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-8-10) Dow 10,618 +11 Nasdaq 2317 +17 S&P 500 1,145 +3 [CLOSE- OIL $82.75 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,138 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.47 (+47% for year 2008) PLATINUM $1,574 (+56% for year 2009) / DOLLAR= .69 EURO, 92 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.82% …..… AP Business Highlights … ...Yahoo Market Update... ] YAHOO - BRIEFING.COM Weekly Recap 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway (they probably just didn’t bother resetting the computerized churn-and-earn trade programs) Shrinking US Labor Force Keeps Unemployment Rate From Rising …so many people stopped looking for work and are technically not counted as unemployed …riiiiight!… Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-7-10) Dow 10,607 +33 (plus 19% for year) Nasdaq 2300 -1 (plus 44% for year) S&P 500 1,142 +4 (plus 23% for year) (China Shanghai up 80%, Hong Kong 50%, Japan 19%, Europe 20-25%) [CLOSE- OIL $82.66 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,133 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.27 (+47% for year 2008) PLATINUM $1,551 (+56% for year 2009) / DOLLAR= .69 EURO, 92 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.83% …..… AP Business Highlights … ...Yahoo Market Update... ] YAHOO - BRIEFING.COM Weekly Recap 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 Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ Worthless Weimar dollar, inflation, unsustainable debt, higher interest rates, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-6-10) Dow 10,574 +1 (plus 19% for year) Nasdaq 2301 -7 (plus 44% for year) S&P 500 1,137 +0 (plus 23% for year) (China Shanghai up 80%, Hong Kong 50%, Japan 19%, Europe 20-25%) [CLOSE- OIL $83.18 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.03 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,138 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.20 (+47% for year 2008) PLATINUM $1,547 (+56% for year 2009) / DOLLAR= .69 EURO, 92 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.82% …..… AP Business Highlights … ...Yahoo Market Update... ] YAHOO - BRIEFING.COM Weekly Recap Trendsresearch.com forecast for 2009 ‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic/Financial Data This Depression is just beginning The Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ Worthless Weimar dollar, inflation, unsustainable debt, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-5-10) Dow 10,572 -12 (plus 19% for year) Nasdaq 2308 +0 (plus 44% for year) S&P 500 1,136 +3 (plus 23% for year) (China Shanghai up 80%, Hong Kong 50%, Japan 19%, Europe 20-25%) [CLOSE- OIL $81.51 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.00 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,119 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.82 (+47% for year 2008) PLATINUM $1,526 (+56% for year 2009) / DOLLAR= .69 EURO, 91 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.76% …..… AP Business Highlights … ...Yahoo Market Update... ] YAHOO - BRIEFING.COM Weekly Recap Trendsresearch.com forecast for 2009 ‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic/Financial Data This Depression is just beginning The Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ Worthless Weimar dollar, inflation, unsustainable debt, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(1-4-10) Dow 10,583 +155 (plus 19% for year) Nasdaq 2308 +39 (plus 44% for year) S&P 500 1,133 +17 (plus 23% for year) (China Shanghai up 80%, Hong Kong 50%, Japan 19%, Europe 20-25%) [CLOSE- OIL $81.51 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.00 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,118 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER $17.46 (+47% for year 2008) PLATINUM $1,522 (+56% for year 2009) / DOLLAR= .69 EURO, 92 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.82% …..… AP Business Highlights … ...Yahoo Market Update... ] YAHOO - BRIEFING.COM Weekly Recap Trendsresearch.com forecast for 2009 . ‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic/Financial Data This Depression is just beginning The Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ Worthless Weimar dollar, inflation, unsustainable debt, and fake numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

(12-31-09) Dow 10,428 -120 (plus 19% for year) Nasdaq 2269 -22 (plus 44% for year) S&P 500 1,115 -11 (plus 23% for year) (China Shanghai up 80%, Hong Kong 50%, Japan 19%, Europe 20-25%) [CLOSE- OIL $79.36 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.00 REG./ $3.26 MID-GRADE/ $3.35 PREM./ $3.05 DIESEL)/ GOLD $1,096 [video] Gold Surges Stocks/Gold Comparison (+24% for year 2008) / SILVER $16.83 (+22% for year 2008) PLATINUM $1,459 (+56% for year 2008) / DOLLAR= .69 EURO, 92 YEN, .62 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.79% …..… AP Business Highlights … ...Yahoo Market Update... ] YAHOO - BRIEFING.COM Weekly Recap Trendsresearch.com forecast for 2009 . ‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic/Financial Data This Depression is just beginning The Next Wave of Collapse is Coming Sooner than you think ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME [Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Roubini: 'The worst is yet to come'... Top Eurobank prepares for 'global economic collapse'... CHINA: ‘The world does not have Money to buy more US Treasuries’ Emergency Jobless Insurance Claims Surge By Most Ever In Prior Week The number you won’t hear mentioned anywhere in the Mainstream Media: 327,729. Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ Economist Wachtel says practices that caused crisis in play, toxic assets still there, and economically sound lending not viable …El-Erian who oversees nearly $1 trillion in assets, more than the gross domestic product of most countries, says stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Last decade was the worst ever in the stock market Jay Bookman | In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Foreclosure / distressed sales up again and a lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide …

Beginning Fourth quarter with Eventful November archive 2009

Beginning Fourth quarter with Eventful October archive 2009

AUGUST 31, 2009 THROUGH SEPTEMBER 28, 2009 - BUSINESS UPDATES

Today

NOBEL PRIZE WINNING ECONOMIST: CRISIS AS BAD AS GREAT DEPRESSION OR WORSE Financial terrorism: US taxpayers bail out Wall Street criminals $4 trillion plus is missing through U.S. federal agency accounts managed by the NY Fed RICO Summary under penalty of perjury to the FBI at their request Reality overthrows ‘history’s actors’ Report confirms Israel’s nuclear arsenal Roubini: Rate Cuts Temporarily and Minimally Reduce Crash Risk, But Dow 7,000 Likely 'Sometime Next Year' Billion-Dollar Fund Manager; Gold To Hit $2,000, Dow To Sink To 5,000 The Crumbling U.S. Economy, Worse is Yet to Come Worst slump since Great Depression Rapid Downward Revisions in Expected Economic Growth Recession Will Last At Least Two Years: Roubini Recession Now: It's Deep and It's Going to Last a Long Time, Sonders Says Economist Roubini Predicts Hedge Fund Failures, Panic, Closed Markets Markets Nosedive on Grim Economic News Evil Wall Street Exports Boomed With `Fools’ Born to Buy Debt More from Grantham: S&P to 585. He called the bubble, how could anyone doubt his valuation (although even lower is more realistic)? U.S. Economy: GDP Shrinks (even with fake better than expected GDP numbers from corrupt commerce department) at Fastest Pace Since 2001 Credit-Default Swaps on US Treasuries Have Risen Nearly 40 Percent Since Bailout Law Signed; Now About the Same as on Mexican and Thai Government Debt america’s credit rating will be downgraded Where'd the bailout money go? Shhhh, it's a secret fraud (AP) ECONOMICS GURU: WORST IS YET TO COME; MARKETS WILL CLOSE FOR UP TO WEEK FROM PANIC... Washington is Powerless to Stop the Coming Economic Depression Whitehead sees slump worse than Depression Dollar’s Days Numbered, Buy Commodities: Jim Rogers America’s economic crisis is beyond the reach of traditional solutions Cost Of Bailout Hits $8.5 Trillion Worst is yet to come for economy 'Crisis Only Just Beginning': Crisis/Video Right About the Crash, Peter Schiff Sees More Pain Ahead The Great Depression of the 21st Century: Collapse of the Real Economy “The Dollar Standard Is Coming To An End” Busted in Washington CIA Adds Economy To Threat Updates Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression” America Has No Means to Recover from a Depression US budget deficit to reach USD 1 trillion Jim Rogers calls most big U.S. banks “bankrupt” BILLIONS VANISH IN EPIC HEDGE FUND FRAUD Citadel suspends redemptions from two hedge funds World faces “total” financial meltdown: Bank of Spain chief Check This Graph-Proof we are going into a Great Depression. Notice MASSIVE job losses. Is there really any doubt any longer? Paulson Was Behind Bailout Martial Law Threat Fed Hides Destination Of $2 Trillion In Bailout Money Another Prominent Economist Forecasts Depression, Says Gold To Hit $2000 Fed Secretly Lends $2 Trillion to Banksters without Oversight Depression Unrest Turmoil Instability Riots all coming and SOON JAPAN: “There has never been data this bad for any major economy - even in the great Depression”; “We are literally looking at the unimaginable” Obama predicts more bank failures California goes broke, halts $3.5 billion in payments It’s Getting Ugly: Economist Says Hoard Gold & Scotch Paul Joseph Watson | Williams predicts hyperinflationary depression will mean a $100 dollar bill is worth less than toilet paper WORLD TO STAY IN SLUMP US is Already Bankrupt: Analyst The Geithner-Summers-Bernanke Plan to Prop Up Asset Prices Has Failed U.N. panel says world should ditch dollar Not Just a Few Bad Apples - Corruption is Systemic in America 65 Trillion - U.S. Financial Obligations Exceed The Entire World’s GDP RECORD: NATIONAL DEBT HITS $11 TRILLION... US Depression -The Truth Is Here The Economist, a Widely Respected and Authoritative Financial/Economic Publication: U.S. In Depression, Not Recession Video: Crash Will be Worse than Great Depression Great Recession/Depression of 2008, et seq., Worse Than All Others IMF warns of Great Depression Stocks Could Drop 20%, No Safe Haven: Dr. Reality Celente Correctly Predicts Revolution, Food Riots, Tax Rebellions By 2012 Former chief economist: U.S. in a depression Merrill Lynch’s Chief Economist: We’re Already In a Depression Ray Dalio: A Long and Painful Depression - Barron's Interview Gerald Celente Predicts Economic Armageddon by 2012 This DEPRESSION will last 23-26 YEARS! Government is POWERLESS! Trendsresearch.com forecast for 2009 What the Pros Say: US Is Now ‘Bankrupt’ ‘WORST ECONOMIC COLLAPSE EVER’ Secretary of Labor Reich: Unemployment Numbers Show We’re Already In a Depression Celente: U.S. Has Entered “The Greatest Depression” Entering the Greatest Depression in History Andrew Gavin Marshall | The economic crisis is anything but over, the “solutions” have been akin to putting a band-aid on an amputated arm. April 30, 2010

4-1-10

April Fools & Market Bulls: Dave's Daily ’APRIL FOOLS’ [YES THEY ARE! WHAT TOTAL B*** S***!]
’Global growth is in the air as investors seized on reports from Asia, Europe and the U.S. to bid markets higher. In Asia the Chinese PMI (Purchasing Managers Index) rose sharply from 52 to 55. Manufacturing data was also strong in Taiwan, South Korea and Australia. A survey of 3000 euro-zone firms also showed increases in data as the fastest in over three years. Jobless Claims in the U.S. were about as expected or "crummy" but unemployment isn't an issue for bulls it seems. Neither evidently is current construction spending which was below estimates. But, bulls seized on a stronger ISM Index which when combined with positive overseas data gave them the ammo needed to push stocks higher’ [JUST A MOUSE CLICK FROM THE COMPUTERIZED BUY PROGRAMS AWAY AND WHEN THE DOLLAR’S WORTH NOTHING AT ALL, STOCKS WILL REALLY GO TROUGH THE ROOF…RIIIIIGHT!]. ‘Volume was as light as you might expect for a pre-holiday trading day. Breadth was flat to positive…’

Job cuts surge 61% – Challenger Job cuts accelerated in March, driven by planned reductions on government payrolls, a report released Thursday showed. Geithner says unemployment is ‘terribly high’ Guardian | Treasury secretary says unemployment will remain “unacceptably high for a very long time”. Depressions Last HOW LONG? George Nre | The Great Depression really lasted almost 20-years – from 1929 to 1949.

Sell-off in US Treasuries raises sovereign debt fears Daily Telegraph | Washington can no longer borrow with impunity.

Poll: More economic blame for President Obama Nullify Obamacare! With its recent passage, Obamacare has quickly become to the Right what the Iraq war was to the Left — a disastrous and costly mistake heralding unprecedented government action, expansion, and intrusion into the lives of American citizens. Left-Wing Icon: America Is Still Headed Towards Fascism Under Obama When left-wing icon Naomi Wolf warned that America was heading towards fascism under George W. Bush, characterized by illegal surveillance, arbitrary detention of suspects, and paramilitary martial law, she was lauded, but when she continued to issue the same warning as a result of Obama’s failure to reverse any of those policies, many on the left abandoned support for her.

Arctic Sea Ice about to hit ‘normal’ – what will the news say? Barring an about face by nature or adjustments, it appears that for the first time since 2001, Arctic Sea ice will hit the “normal” line as defined by the National Snow and Ice Data Center (NSIDC) for this time of year.

7-Year-Old Sex in jersey: 'They'd Kill Her If She Screamed' NEW JERSEY TEEN ACCUSED OF SELLING SISTER, 7, FOR SEX

Area 51 vets break silence: Sorry, but no space aliens

'Twelve' Israeli strikes hit Gaza BBC News

Victory in terror war declared by america as Jihad Jane goes down! “Internet Jihadist alias Matt Drudge lone hold-out and runnin’ scared” … riiiiight! … Those dirty nefarious Christians go down as target of at least one of the raids was a Christian extremist group and further victory american declared ... Those friggin’ Christians will get you every time … riiiiight! … [If you haven’t yet figured it out, ‘just kidding’- This is what is called ‘sarcasm’]. Feds: Christian militia needed to be `taken down' to Chinatown (AP)

'Jihad Jane' pleads not guilty Colleen LaRose of Pennsylvania appears in federal court, accused of working with foreign terrorists in a plot to kill a Swedish cartoonist. Video: 'Jihad Jane' Terror Suspect Pleads Not Guilty The Associated Press 'JihadJane' pleads not-guilty | Philadelphia Inquirer | 03/18/2010 US rep: Pa. Jihad Jane terror suspect cooperated (AP)

Jihad Jamie: Corporate Media Hypes Another Blond Terrorist Kurt Nimmo | The government will need to come up with terrorists who are not so obviously mentally or emotionally disturbed in order to sell us on an interminable war on terrorism. “JihadJane” was laughable, Web watchers say Philadelphia Inquirer | For years, “JihadJane” had been a joke to those who kept tabs on her online.

Drudge vs. the Senate? `U.S. SENATE WARNS ALL STAFF TO AVOID DRUDGE...` Senate Tells Employees Not to Read Drudge Report Drudge Report | Just as the healthcare drama in the capitol reaches a grand finale, congressional officials are warning employees to avoid the Drudge Report.

Senate declares Drudge Persona Non Grata, Internet Jihadist!

DRUDGEREPORT:

GALLUP: 50% say Obama doesn't deserve re-election...

Underemployment Rises to 20.3% in March...
VERIZON Expects to Incur $970 Million Expense From Health-Care Legislation...

California's last auto plant shuts its doors...

OIL NEARS $85...

FLASH: Arctic sea ice grows back to 'normal' for first time since 2001...

Dozens Arrested At NEW JERSEY High-Rise Where 7-Year-Old Was 'Gang Raped'… mob infested jersey is obscene … They said they would kill her if she screamed....

Police: NEW JERSEY teen sold stepsister, 7, for sex party for seven men, boys...

Obama takes a piece of the rock; PRUDENTIAL to take $100M healthcare charge...
COPS TOTE MACHINE GUNS ON NYC SUBWAYS...
USATODAYGALLUP: DISAPPROVAL RISES TO 50%...
HILL: DRUDGE and the Republican delusion...

Rove Shouted Down, Called 'War Criminal' At Book Signing...

Troop deaths double in Afghanistan...

Approval/disapproval gap starting to widen again on health spending bill...

GALLUP: OBAMA APPROVE MATCHES LOW; COUNTRY SPLIT 46-46...

FBI terror raid of Christian militia group in Michigan...
Agents conduct raids in Ohio, Indiana...
'It was like a small army had descended on the area'...
Feds confirm 'activities'...
Gun charges...

Jordan nixes nuclear ties with Israel AMMAN: Jordan on Wednesday totally excluded cooperation with Israel in nuclear spheres unless it joined the relevant global agreements and withdrew from the occupied Arab territories.

The Very Senile greenspan Signals Warnings for Bubble Maniacs Gary Dorsch It is so mind boggling to hear Mr. Senile give a greenspin to the very elements that created the last crash of epic proportions along with the pervasive fraud, the effects of which are still extent in the form of trillions of worthless newly FASB mark to anything paper (toxic assets / securities), talking of the (worthless) paper wealth effect . As such, I only present some salient points but invite your attention to the likes of a real genius (formerly of Sony fame), Morita, who had presciently warned both the u.s. and Japan that you can’t create value by moving (and commissioning) paper around but rather you must build / innovate real products that truly have, add, and create value! “… The size of the Fed’s balance is “not sustainable” and will eventually have to be reduced to “something just north of $1-trillion,” he said. “My concern is that legislation or other actions on the part of Congress may prevent the Fed from withdrawing the stimulus,” Greenspan added. Such actions have already taken place in Seoul, where the government has completely hijacked the monetary policy of the Bank of Korea. Texas Representative Ron Paul, a Republican, is leading an effort in Congress to repeal the Fed’s immunity to audits of monetary policy, which could expose any clandestine intervention in the stock index futures market by the Fed and its agents on Wall Street. Still, there’s a deep-seeded suspicion in the gold market that at some point the Fed will resume its massive money printing operations in order to prevent a surge in Treasury bond yields, sparking the next big round of inflation. Greenspan mostly lingered far behind the inflation curve when he was Fed chief, and never saw a bubble he didn’t like. According to the commodities markets, the break-out of inflation has already begun and is buoying gold above $1,100 /oz”.

The following by John Lounsbury is worth a look if only for the real life example of how such fraud was perpetrated:

FBI Investigating Mortgage Fraud “In 2005 there were less than 600 mortgage fraud cases in the U.S. That number is approximately 400% higher today. Alex Finkelstein, writing at the Real Estate Channel.com, reports that the FBI currently has 2,800 mortgage fraud cases under investigation … Another example of which I have personal knowledge involved an individual who may have committed fraud. Notice that I said may have committed fraud. Here are the details: The individual was an independent mortgage broker. He purchased a nearly finished luxury home from a builder experiencing financial distress in 2006. The finished home was listed at $600,000, but the buyer got it for $350,000 and probably spent about $50,000 finishing the house and landscaping. He used the house as his personal residence. In 2007 he put the house on the market for $669,000. After about six months he changed realtors and raised the price to $719,000. The next week he had an "offer" for $719,000. The house was appraised by a lender for a mortgage application. Nothing more was heard of the sale and five months later the homeowner had disappeared, apparently moving out in the middle of the night. Inspection of the house by neighbors revealed that the house had been cleaned out of lighting fixtures, interior doors, intercom system, appliances and lock sets. The controller and back flow valves for the irrigation system were also gone, as well as the electric garage door openers. When the foreclosure was served, the public record showed a first mortgage of $425,000 and a second mortgage of $150,000 with no payments made after the date of issuance of the second mortgage. The second mortgage was issued one month after the "offer" of $719,000. Here is one possible explanation of what happened. The house was bought and finished with no money down. In fact the buyer may have put $25,000 in his pocket. When the house didn't sell in 2007 for $669,000, the homeowner may have arranged for a phantom buyer to offer the inflated asking price of $719,000. The following month, with a rigged appraisal for the phantom buyer's mortgage application in hand, the homeowner took out a second mortgage for $150,000 and then immediately stopped making mortgage payments. In the next five months he systematically removed things of value from the home and pocketed a few thousand dollars. He finally just vanished in the middle of the night with $175,000 to $180,000 in profit and five months of free rent.
Curious circumstances:
1. Total of both liens was $575,000, almost exactly 80% of $719,000. 80% financing would be very easy to get.
2. The second mortgage was obtained one month after the "offer" for $719,000.
3. Comps for the subdivision would have priced the house $620,000 to $640,000 in 2007 …”

Palestinian killed as Israelis fire on protestors (AFP) AFP - A Palestinian teenager was killed and several others were wounded Tuesday as Israeli troops fired on protestors near the Gaza border while Israeli Arabs and Palestinians marked "Land Day."

NATO won’t destroy Afghan poppy fields NATO has rejected an appeal made by Russia for eradication of opium fields in Afghanistan, arguing that the sole source of (their off the radar) income from the region cannot be removed despite the fact that the region was doing much better after the Taliban had eradicated the poppy fields and heroin trade pre-nato invasion. Despite feigned row, u.s. and israel sign massive arms deal As Prime Minister Benjamin Netanyahu was in Washington this week absorbing the full wrath of the Obama administration, the Pentagon and Israel’s defense establishment were in the process of sealing a large arms deal.

Israeli tanks in Gaza in worst clash in year (Reuters) Violence clouds efforts on Middle East peace … Surprise, surprise. Now who would have thunk it … riiiiight! (Reuters) Belligerent Tel Aviv defies Washington obama squeezed between israel and iran Asia Times | The AIPAC 2010 show predictably was yet one more “bomb Iran” special; but it was also a call to arms against the Barack Obama administration, as far as the turbo-charging of the illegal colonization of East Jerusalem is concerned.

Indicators Most Overbought Since 2000 and 2007! 2007-Like Decline Next … A DECADE OF EXTREMES The years 1999/2000 were a time of extremes. In the last 15 months of its rally phase, the Nasdaq (Nasdaq: QQQQ - News) exploded and jumped up 50%. This rally was based on expected earnings of brand new internet and tech (NYSEArca: XLK - News) companies with no track record. As sharp as the rally was, the decline was even more powerful. The years 2007/2008 were another period of extremes. Financial companies (NYSEArca: XLF - News), never known for their hard work, found a way to make money even easier - trading and selling financial derivatives. In retrospect, it is quite amazing that this financially engineered house of cards did not collapse earlier. But with the real estate sector (NYSEArca: IYR - News) weakening significantly, it was just a matter of time before the sub-prime avalanche would hit the fan and Wall Street. Looking back it becomes obvious that the last ten years are composed of a cycle of building and deflating bubbles. The euphoria of rising markets was quickly distinguished by the pain of bursting bubbles. One thing we should have learned by now is that euphoria is the perfect breeding ground for problems. FOOL ME ONCE, ...As humans we are equipped with longer-term memories than rabbits and are generally reluctant to get burned twice. This decade has seen many get burned three times. Once with technology, once with real estate and once more with stocks in general (NYSEArca: TMW - News). There seems to have been just enough time between 2000 and 2007 to forget the tech-bubble and real estate, well real estate is a different asset class and was supposed to go up at all times - but it didn't. TURN ON THE GPS It is easy to forget where we are today. Let's turn on the GPS to get a read on our exact location. Over the past year, the Dow Jones (DJI: ^DJI), S&P 500 (SNP: ^GSPC), Nasdaq (Nasdaq: ^IXIC), small caps (NYSEArca: IWM - News), mid-caps (NYSEArca: MDY - News), large caps (NYSEArca: IVV - News) and virtually all other asset classes have gained 70% or more. This in itself is an extreme that has never happened before. For nearly six weeks, investors haven't seen a broad index lose more than 1%. Until yesterday, there hasn't been more than four hours of selling pressure since the February 8 lows. THOSE EXTREMES ARE AMAZING BY THEMSELVES. BUT WAIT, THERE IS MORE. Last week the National Association of Active Investment Managers (NAAIM) reported that 95% of active mutual fund managers are net long. This is the highest reading since October 17, 2007. Investors are feeling the same way. In December, portfolio cash allocation dropped to the lowest level since April 2000, while stock allocation rose to the highest level since September 2007 (according to AAII). Earlier this week, the Volatility Index - VIX (Chicago Options: ^VIX) dropped to its lowest level since July 2007. On December 31, 2009, the percentage of bearish investment advisors dropped to the lowest level since April 1987, while the percentage of bullish advisors spiked to the highest level since December 2007 (according to II) … ON BORROWED TIME No doubt, extremes can go on for a while. Nevertheless, it is interesting to note the common denominator between all extremes - the year they last occurred are 1987, 2000, and 2007. All those years had one thing in common - major declines. Is this time different? To a larger degree than in the past and at all cost, the government is doing all it can to prop up the economy (see related article 'What or Who is Driving Up Prices'). And even though this might be working right now, we know that the government's actions usually accomplish the opposite of what they intend. Take the Glass-Steagall Act as an example. It was a law designed to control speculation. This law was established in 1933, the year the Great Depression ended and was repealed in 1999, just before the tech bubble burst. The current rally is as unprecedented as it has been unexpected. A little more than a year ago, Wall Street was bracing itself for a repeat of the Great Depression. It was at exactly that time, on March 2, 2009, that the ETF Profit Strategy Newsletter sent out a Trend Change Alert, recommending to sell short ETFs and buy long and leveraged long ETFs like the Ultra S&P 500 ProShares (NYSEArca: SSO - News) and Ultra Financial ProShares (NYSEArca: UYG - News). The target for the end of this rally was Dow 9,000 - 10,000, which should be marked by extreme levels of optimism and a 'the worst is over attitude.' The market has certainly delivered on this outlook. You may find it interesting that the percentage of stock market bulls reached a record-low at that time. Once again, when it was time to buy, investors at large turned to cash. VALUATION EXTREMES When it comes right down to it, valuations are the only thing that really matters. After all, who wants to overpay? Perception often drives valuations for a period of time. You may remember when VW re-launched the Beetle or BMW unveiled the brand-new Mini Cooper. Initially dealers were able to charge up to $5,000 on top of the MSRP simply because buyers would pay it. Today you can pick them up on the cheap simply because consumers won't pay a premium. What's changed? Perception. The same holds true for the Toyota Prius, which was a hot commodity during the $5/gallon gas price era and is plagued by recall troubles today.Just like cars or hot Christmas toys, stocks are largely driven by perception and valuation. History, however, shows unequivocally that profit margins, P/E ratios, and dividend yields always trump the perception of prices and pass through fair value eventually. Two extremes we haven't mentioned yet are P/E ratios and divided yields. Market bottoms are signaled by low P/E ratios and high dividend yields. Just a few months ago, Standard & Poor's pegged the P/E ratio based on reported earnings at 143, more than 10 times its historic average. Dividend yields have fallen close to the 1999 all-time low. This is not what a new bull market is made of. Even though momentum still keeps prices going up, now is the time to prepare for when they won't be. Every investor needs to know where fair valuations are to determine the downside risk…

20 Signs That Could Mark a Top After what appears to be the call of the decade (although he was a few weeks early) with his S&P 666 is a "generational low," Doug Kass remained bullish for a good long time. But late last fall he began pulling in his reigns … Now, nearly 13 months later and with the S&P 500 almost 500 points higher, it is time to focus on a new checklist of some potential adverse developments that could contribute to a market top and a reversal of investors' good fortunes since March 2009.

Interest Rates: The yield on the 10-year U.S. note might climb to over 4% (now at 3.85%). A 4.00% to 4.25% yield would likely provide a tipping point for increased competition to equities and produce an interest (mortgage) rate headwind to the nascent housing recovery at a time when stock dividend yields have nearly halved and when a large phantom inventory of unsold homes is about to begin to enter the residential for-sale market.
Jobs / Economy: A more sluggish-than-expected expansion in new jobs and the weight of higher taxes in 2011 might translate to a downturn in consumer confidence, reduced business fixed investment and a more shallow domestic economic recovery in the second half of this year.
Retail: Cautious forward comp guidance in retail could reverse the February-March strength.
Europe: There could be growing signs of weakness in the European economies.
Credit: Over there, we might witness evidence of more sovereign (Spain?) crises, and, over here, we could see more U.S. municipal -- the universe is large! -- financial woes. Forced austerity measures would likely produce lower growth.
Credit (Part Deux): Credit spreads might widen.
Geopolitical: We could see a possible rise in geopolitical tensions or even another terrorist act on our shore.
Monetary Policy: We might have a less dovish Fed in words (jawboning) and in action (through an increase in the federal funds rate).
Tightening Abroad: It is likely that central banks around the world will begin to clench their monetary fist, especially in China.
Protectionism, Trade and Currency Wars: Things might get ugly, especially on the U.S. / China front.
Housing: A renewed leg down in home prices is possible as the spring selling season could fail to appear. (It hasn't gotten off to a great start.)
Sentiment: We could witness the birth of a 5x to 10x levered bullish ETF, a burst in bullish investor sentiment, an expansion in hedge fund net long positions, a further drawdown in mutual fund cash positions, a meaningful increase in retail mutual fund equity inflows and massive outflows out of Rydex bear funds.
Technical: Stocks could fail to respond to good news, suggesting that the sharp corporate profit recovery has been baked into prices. A breakdown in financials and/or transports could occur. Overseas markets might fail to make new highs, or we could see a further contraction in NYSE / Nasdaq exchange volume.
Deflation: Industrial commodity prices could weaken.
Speculation: We might see an increasingly speculative market for low-price issues.
Underwritings: The emergence of a record syndicate calendar is possible.
Wall Street: A substantial increase in Wall Street industry hirings could be announced.
Dr. Doom vs. the Sunshine Boys: Dr. Nouriel Roubini could see green shoots, causing bullish strategists and money managers to demonstrate even more swagger. Reminiscent of late 1998, a sell-side analyst (perhaps the new Henry Blodgett) might raise his 12-month Apple (AAPL) price target to $375 a share, leading another analyst to top that target and move to $400 a share a week later.
The Media: CNBC could throw another celebratory party. Time magazine might declare the death of the bear market on its cover or run a cover story offering a new bullish economic and/or stock market paradigm. Sir Larry Kudlow could have trouble finding a single bear to appear on CNBC's "The Kudlow Report." Record ratings might induce the management of CNBC to expand "Squawk Box" from three hours to four hours (6:00 a.m. to 10:00 a.m.) and add an additional anchor to join Joe, Becky and Carl.
Dougie: Maybe I turn bullish.

Tel Aviv must compensate Gaza War victims: UN GENEVA: Israel should pay Palestinians reparations for loss and damages suffered during last year’s war in the Gaza Strip, the UN Human Rights Council said Thursday … The resolution was opposed by the United States and five European countries.

NATO rejects Russian call for Afghan poppy spraying Reuters | NATO Wednesday rejected Russian calls for it to eradicate opium poppy fields in Afghanistan.

GLOBAL MARKETS-US stocks, euro, Treasuries fall on debt worries Reuters - Walter Brandimarte, Leah Schnurr NEW YORK, March 24 (Reuters) - The euro sank to a 10-month low against the dollar on Wednesday while prices of US stocks and Treasuries fell on mounting concerns about a spiraling debt burden in some developed economies. Video: Daily Video Recap (3/24): EUR/USD Breaks Below 1.3450 as Fitch Downgrades Portugal's Rating CMS Forex Euro Drops as Portugal Downgrade Underlines Concern on Greece Bloomberg Portugal’s Debt Rating Lowered by Fitch on Worsening Finances Portugal had its credit grade lowered one step to AA- by Fitch Ratings, which cited the nation’s deteriorating public finances. Sales of New U.S. Homes Dropped in February to Lowest on Record Sales of new homes in the U.S. unexpectedly fell in February to a record low as blizzards, unemployment and foreclosures depressed the market. 72% of Democrats, 84% of Republicans and 80% of Independents Think the Economy Will Collapse

All Just a Big Bubble … this is the end of the road. That is, if the last forty years were all just one big money and credit bubble, temporarily misinterpreted as prosperity, that can produce no more bubbles except for the one that is most feared - another massive bubble in natural resources as a relatively fixed supply of goods meets up with an unlimited supply of paper money. It's no coincidence that the almost non-stop sequence of financial bubbles over the last forty years followed the abandonment of anything resembling a system of sound money. Contemporary economic thought posits that money is simply a "unit of account" and that there is no longer any need for it to maintain an intrinsic value of any sort. They say it's just "notations on paper" and that the world's economic and financial wizards, though set back a bit by their latest failure, have things squarely under control. If you're anything like me, you don't believe that for a second. In the fullness of time, the last forty years will likely be seen as an aberration - just one big bubble - as theories are abandoned and a more enlightened approach ultimately prevails. Unfortunately, between now and then, things are likely to get worse before they get better.

Here’s Why The Money Supply Has Exploded, But We Haven’t Seen Rampant Inflation Yet

One of the things they are doing with it is buying U.S. government debt… So instead of loaning money to American businesses and consumers who desperately need it, a ton of this new money is being used to pump up yet another bubble. This time the bubble is in U.S. Treasuries. Asia Times recently described how this trillion-dollar carry trade in U.S. government securities works… Remarkably, the most aggressive buyers of US government debt during the past several months have been global banks domiciled in London and the Cayman Islands. They borrow at 20 basis points (a fifth of a percentage point) and buy Treasury securities paying 1% to 3%, depending on maturity. This is the famous “carry trade”, by which banks or hedge funds borrow short-term at a very low rate and lend medium- or long-term at a higher rate. This works as long as short-tem rates remain extremely low. The moment that borrowing costs begin to rise, the trillion-dollar carry trade in US government securities will collapse. So what happens when this bubble collapses? Nobody knows for sure. But anyone who has dealt with carry trades in the past knows that when carry trades unwind they can do so very, very quickly and the results can be nightmarish. The truth is that the U.S. financial system is a house of cards that could fall at any time. A lot of economic pain is on the horizon – it is only a matter of when it comes and how bad it is going to get. Trends forecaster Gerald Celente is predicting that it could be as soon as this year…

Health Care Law More Evidence That Signals US Empire Decline The passage of the health care law shows that the US empire is declining because it illustrates the fact that people expect the state to take care of them, David Murrin, the co-founder of Emergent Asset Management hedge fund manager, told CNBC. U.S. & NATO Are Supporting Afghan Drug Industry The US military says it is using a new approach to fight drug production in Afghanistan, but Julian Mercille, lecturer at University College, Dublin, believes both they and NATO have in fact been supporting the industry. Tony Blair in citizen’s arrest scare as Brussels journalist tries to detain him over ‘war crimes’

World is headed for a global revolution – authors The world may have been brought crashing to its knees by the economic crisis, but some say we have not seen anything yet.

'Netanyahu decided to spit into Obama's eye, this time from up close' (AP) Kingdom blasts Israel’s arrogance RIYADH: Saudi Arabia on Wednesday blasted Israel’s “arrogance and stubbornness” and said Israeli Prime Minister Benjamin Netanyahu’s stance on settlements in East Jerusalem cast doubt on the entire peace process.

Israel brushes off Mossad agent's expulsion from Britain Telegraph.co.uk - Adrian Blomfield

Israel attempted to play down the seriousness of a crisis in its relationship with Britain on Wednesday in the wake of the expulsion of a senior Israeli diplomat from London. Report: Australia also likely to expel Israeli diplomat Ynetnews

Report: Australia preparing to expel diplomat over Dubai hit

There’s Going To Be Hyperinflation, Inflation Is Going To Be Huge

Danger! Falling home prices http://money.cnn.com/magazines/moneymag/moneymag_realestate/2010/snapshots/1.html

UN chief says Israeli settlements must be stopped (AP) - AP - Israeli settlement building anywhere on occupied land is illegal and must be stopped, U.N. chief Ban Ki-moon said Saturday, after getting a closer look at some of the Israeli enclaves scattered a... UN chief Ban Ki-moon calls for Israel to halt all settlement activity Washington Post Construction in Jerusalem illegal: Ban Ki-moon RAMALLAH, West Bank: Visiting UN chief Ban Ki-moon said Saturday that Israeli settlement building anywhere on occupied land is illegal and must be stopped, even as a Palestinian teenager was killed by Israeli troops elsewhere in the West Bank. Squeeze Israel by cutting US aid… They should but doesn’t likely JERUSALEM: The diplomatic crisis between the US and Israel has sent a tremor through their alliance, but one key part of the bond seems virtually untouchable: The roughly $3 billion a year in US military aid. UN chief visits Gaza, urging end to Israeli blockade (AFP) - UN chief Ban Ki-moon crossed into the Gaza Strip on Sunday, expressing solidarity with the plight of the Palestinians and urging an end to an Israeli blockade of the Hamas-run territory. UN chief visits Gaza, seeks end to blockade (AP) - U.N. chief Ban Ki-moon has entered the blockaded Gaza Strip, where 1.5 million people have been under lockdown by Israel and Egypt for nearly three years. UN chief crosses into Gaza for talks (AFP) - UN chief Ban Ki-moon crossed into the Gaza Strip on Sunday for an hours-long visit as part of a regional tour aimed at reviving the Middle East peace process, an AFP reporter said. UN chief backs Palestinian state on Mideast mission (AFP) Netanyahu and Obama Will Talk on Tuesday New York Times- Isabel Kershner, Fares Akram -Noura Qawariq, 85, hugged her dead grandson Salah Muhammad Qawariq, 18, who was killed near a Jewish settlement in the West Bank on Sunday. Israeli 'escalation' aims to sink launch of talks Jerusalem Post UN chief backs Palestinian state in West Bank visit UN chief Ban Ki-moon on Saturday said the international community “strongly supports” Palestinian efforts to build a viable state at the start of a visit aimed at reviving peace talks.

‘Murdered in cold blood’ JERUSALEM: As tension mounted in Palestine on Sunday so did the death toll. The Israeli Army shot dead two 19-year-old men who it said had tried to stab a soldier on patrol near Nablus in the occupied West Bank. Two teenagers were shot dead Saturday. All four were buried Sunday. Israeli airstrike on Gaza injure four: Palestinians (AFP)

‘Netanyahu seeks US bombs for Iran attack’ As Israeli Prime Minister Binyamin Netanyahu plans a visit to Washington, a report says he will ask the US to release sophisticated bombs needed for a possible strike on Iran’s nuclear sites.

Putting a price on Afghan life AlJazeera | In Afghanistan, if foreign troops kill an innocent civilian by accident, families may receive compensations of around $2,500.

Peace impossible because of Netanyahu’s policies: Assad

Putin Says Iran’s Nuke Plant Should Be On Line by Summer Fox News | Russia has been helping Iran build the plant in the southern city of Bushehr since the mid-90s but its launch has been marred by a series of delays and setbacks.

Expect a False Flag Terror Attack To Precede Invasion Of Iran Paul Craig Roberts | The U.S. population, it seems, is comprised of naifs whose lack of comprehension is bringing ruin to other lands.

Corporate Media Hypes “Homegrown” Threat of Patsies, Dupes, and Mental Deficients Kurt Nimmo | Is a false flag terror attack in the works?

Department of Homeland Security’s Mobile Precrime Modules Kurt Nimmo | The DHS is not creating this technology in order for it to sit in a government warehouse. Pre-Crime Policing Radley Balko | Allegedly “disgruntled” man has his guns seized, and “voluntarily” surrenders to two SWAT teams and dozens of police officers for a crime that hadn’t been committed.

Paper: Defense official ran private spy operation A US official identified as Michael Furlong organized a network of private contractors in Afghanistan and Pakistan with the purpose of finding and killing suspected Islamic militants, The New York Times reported Monday. British military intelligence ‘ran renegade torture unit in Iraq’ Fresh evidence has emerged that British military intelligence ran a secret operation in Iraq which authorised degrading and unlawful treatment of prisoners.

'Jihad Jane' pleads not guilty Colleen LaRose of Pennsylvania appears in federal court, accused of working with foreign terrorists in a plot to kill a Swedish cartoonist. Video: 'Jihad Jane' Terror Suspect Pleads Not Guilty The Associated Press 'JihadJane' pleads not-guilty | Philadelphia Inquirer | 03/18/2010 US rep: Pa. Jihad Jane terror suspect cooperated (AP)

Jihad Jamie: Corporate Media Hypes Another Blond Terrorist Kurt Nimmo | The government will need to come up with terrorists who are not so obviously mentally or emotionally disturbed in order to sell us on an interminable war on terrorism. “JihadJane” was laughable, Web watchers say Philadelphia Inquirer | For years, “JihadJane” had been a joke to those who kept tabs on her online.

Drudge vs. the Senate? `U.S. SENATE WARNS ALL STAFF TO AVOID DRUDGE...` Senate Tells Employees Not to Read Drudge Report Drudge Report | Just as the healthcare drama in the capitol reaches a grand finale, congressional officials are warning employees to avoid the Drudge Report.

Senate declares Drudge Persona Non Grata, Internet Jihadist!

DRUDGEREPORT:

A DATE WHICH WILL LIVE IN INFIRMARY

CBS: Pelosi's favorability ratings 11%, Reid at 8%...

POLL: 11% rate Congressional performance good...
Dems face attack ads...
House, Senate Republicans quick to release 'repeal'...
'Spread the Wealth Around' as Bill Imposes New Taxes...
Virginia to sue...
Florida to sue, with 7 other states...
Bricks shatter glass at NY Democratic offices...
Assassination Calls on TWITTER; Secret Service to Investigate...
After health, Obama allies zero in on climate...

Bonds Show U.S. Losing AAA...

RASMUSSEN: OBAMA SLIDES TO 43% APPROVE/56% DISAPPROVE...

BALZ: Historic win or not, Democrats could pay a price...

UN: World's slums grow...

Bloomberg Projects Worst NYC Job Cuts In Decades; As Many As 19,000 Could Face Ax...

Sarkozy's party thrashed in regional elections...

Boehner asks Pelosi for 'call of the roll' on final vote...
Challenges Could Drag Out Votes...
HATCH WARNS HOUSE: 'If those people think they're only going to vote on this once, they're nuts'...
CATERPILLAR: Bill would cost company $100M -- in the first year alone!
'Expands IRS Power'...
NOONAN: Now for the Slaughter!
House Leaders Work to Defuse 11th-Hour Fight Over Medicare Reimbursements...
SEN. MCCONNELL: More Medicare cuts, more taxes AND taxpayer funded abortion in new bill...
Obama: Our fates are tied...
IMPEACH?
100,000 Calls Per Hour To Congress...

CBO: MEDICARE FIX MAKES IT RED

COURT: Fed Must Release Bailout Documents Identifying Firms on Brink...
Regulators shut 7 banks in 5 states...

BIDEN: 'We're going to control the insurance companies'...
Claims Healthcare Will HELP Stem Democratic Losses in Nov...

BIGGER, BOLDER, LARGER...
OBAMA SCRAPS TRIP
*Cancellation raises questions about global agenda...
Health Bill 'Expands IRS Power'...
Pelosi floor whip 'NO' on health vote; Says procedural move will hurt Congress...
ON THE CROSS: Stupak says it's been 'a living hell'...
Limited Vote Raises Constitutional Questions...
Dem Congressman: 'If You Don't Tie Our Hands, We Will Keep Stealing'...
THE MATH...
GALLUP: Obama's Approval Rating Lowest Yet, Congress Nears All-time Low...

ANOTHER SLAP: Russia agrees to help Tehran build plant, as Clinton visits Moscow...

Tony Blair's fight to keep his oil cash secret; Former PM's deals are revealed...

OBAMA UPSIDE DOWN IN GALLUP; MORE DISAPPROVE...

Knoller: National Debt Up $2 Trillion on Obama's Watch...

100,000 Federal Employees Owe $962 Million in Back Taxes...
WHITE HOUSE: Jobless Rate Will Be Elevated for 'Extended Period'...

Idaho first to sign law to sue fed gov't over healthcare; 37 other states consider...
Virginia will sue...

Man Accused of Urinating on Women in Jersey City...

GALLUP: NEW LOW FOR O HOPE TURNS INTO DEEP DIVISION

israel defies Obama over Jerusalem settlements...

Monthly Federal Budget Deficit Balloons to Record; Up 14% from 2009...

OBAMA RUNS OUT OF PATIENCE WITH ISRAEL...
Firestorm in Congress...
Netanyahu defies U.S. over Jerusalem settlement...

CHIEF EXORCIST: 'DEVIL AT WORK IN VATICAN'...

POPE UNDER PRESSURE
ABUSE CLAIMS SWEEP CHURCH IN EUROPE

Kennedy Yells: Media Doing 'Despicable' Job Covering Afghanistan!

MEXICO UNDER SIEGE: 13 killed in Acapulco area, 11 others elsewhere...
Gunmen kill American consulate staff...

US citizens shot dead by Mexican drug gangs...

Feds puts brakes on 'virtual' border fence...

IRS visits Sacramento carwash in pursuit of 4 cents...

Civilized groups: Could ruling lead to the ultimate uncivilized and regressive behavior of hunters shooting cats ?

Obama facing uprising over new NASA strategy…If anything there should be uprising over continued war spending by defacto bankrupt u.s. and not wise containment of spending for that fraudulent sinkhole called nasa...

MASSA: NUDE RAHM MADE IT CLEAR 'I BETTER VOTE WITH THE PRESIDENT'...
'There are text messages'...
FOXNEWS BECK TELLS AUDIENCE: 'I'VE WASTED YOUR TIME'...
PELOSI: 'This is a very sick person'...
Larry King: 'Are you gay?'...

UPDATE: Indonesian students continue protest of Obama's visit...

SHE'S LOSING HER GRIP (nancy pelosi)!
AFRAID TO VOTE, NANCY?

Massachusetts Treasurer: Dems healthcare plan will 'bankrupt the country in four years'...

VIDEO: 'We have to pass the bill so that you can find out what is in it'...

Sarkozy and Bruni 'both having affairs'…very experienced italian bruni says she needs even more first lady experience...

Sarkozy's party thrashed in regional elections...

1 in 6 Americans infected with herpes...

THE WOMAN WHO IS SEXING UP THE LIB DEMS IN UK... ...from porn to Parliament

Obama policies projected to add $9.7 trillion to debt by 2020...
Estimates show grim picture...

Poll: America less respected...

China calls USA hypocrite over human rights...
Central banker says USA should not blame others...

Att'y general failed to give legal briefs to Senate...

99 weeks of 'unemployment payments'...

Vegas jobless rate hits all-time high of 13.1%...
Positive Jobs Report Doesn't Ease Worries of a 'Double Dip'…particularly since subject to, as in previous month, 200%+ revisions worse than reported... Banks closed in FL, IL, MD, UT...

Economists Warn Another Financial Crisis On the Way...

JAKARTA STUDENTS PROTEST OBAMA VISIT...

Dan Rather: 'Articulate' Obama Couldn't Even 'Sell Watermelons'...

NYT SPLASH SUNDAY: SCIENTOLOGY'S DEFECTORS SAY CHURCH HIDES ITS ABUSE... Pentagon on Lockdown After Officers Shot; Suspect in Custody...
Three People Shot at Metro Station...

BIG SIS UNLEASHED: Homeland Security program digs 'into all Internet communications'...
Feds weigh expansion of monitoring...
THE BOOK: Rove admits to error on Iraq as Bush strategist...
New ghost towns: Industrial communities teeter on the edge...

DEM REP. CHARGES: NAKED RAHM THUGS AROUND GYM SHOWERS

IMF CHIEF WANTS NEW GLOBAL CURRENCY

MORE BAILOUT: FANNIE Seeks $15.3 Billion in Additional Aid...
AIG Loss Bigger Than Estimated... israel approves 600 new Jerusalem settlement homes...
israelis rush to join Mossad after Dubai killing... Jobless claims up 12% in past 2 weeks...
China extends lead as top food producer...
'American influence waning'...

Beijing looks at severing dollar peg...
China says U.S. ties 'seriously disrupted'...

Senator warns of 'financial meltdown' risk...
China postpones military exchanges with USA...

China PLA officer urges challenging U.S. dominance...
Putin: Russia to build new strategic bomber...

`Sarkozy under pressure, faces poll wipeout...`
`Merkel's coalition in chaos...`

`Venezuela murder-rate quadrupled under Chavez... Two Murders an Hour...`

`Unemployment tops 20% in eight California counties...`

`LA utility rates may rise between 8% and 28% to pay for mayor's 'green' initiatives...`
`Mass school closures approved in Kansas City... Cash-Strapped New York State Halts $500 Million In Tax Rebate Checks... BRAVE NEW WORLD: Brain scan 'can read people's thoughts'… What total bull s***; neocon wet dream come true so they can say what you’re thinking even if you’re not, you non-patriots / jihadists ...`

Celente: The Stimulus Game is Up Russia Today | Nothing the government does will prevent the crash of 2010. US FDIC shuts down 7 banks, 2010 total now 37 by Corbett B. Daly, Karey Wutkowski WASHINGTON, March 19 (Reuters) - Regulators seized seven more US banks on Friday, as high unemployment and troubled loan portfolios continue to weigh on the sector. Four more bank failures bring 2010 tally to 37 MarketWatch State regulators close Draper-based Advanta Bank Corp. Deseret News

IT'S TIME FOR WALL STREET TO PAY - WALL STREET - SALON.COM … Writing in Time, Christopher Hayes puts it succinctly: "Nearly every pillar institution in American society -- whether it's General Motors, Congress, Wall Street, Major League Baseball, the Catholic Church or the mainstream media -- has revealed itself to be corrupt, incompetent or both. And at the root of these failures are the people who run these institutions, the bright and industrious minds who occupy the commanding heights of our meritocratic order."… The differences being that quality third basemen are a lot rarer than Ivy League MBAs, and are publicly and relentlessly evaluated. Steroids or no steroids, one bad season and they're replaced by a 22-year-old from the Dominican Republic. That's one of the things keeping us fans hanging on. Not so in the corporate world. As recently as 2008, the geniuses running Wall Street investment banks bankrupted their companies and came perilously close to collapsing the world financial system. And what happened? A few CEOs departed via "golden parachute," but most executives stayed shamelessly in place, profited from multibillion-dollar TARP bailouts and then began awarding each other obscene bonuses almost before the smoke cleared. Meanwhile, a substantial part of a generation's retirement savings vanished into thin air. Had the Bush administration succeeded in "privatizing" Social Security back in 2005, the damage could not have been worse … More to the point, "look at CEO pay," Hayes urges. "In 1978, according to the Economic Policy Institute, the ratio of average CEO pay to average wage was about 35 to 1. By 2007 it was 275 to 1." In comparison, the ratio remains approximately 20 to 1 in most European countries; roughly 11 to 1 in Japan. Yet people complain about labor unions. Hayes cites Nell Minow, an expert in corporate governance nicknamed "The CEO Killer" by Fortune magazine, to the effect that all many executives know how to do is "manipulate the levers of governance and devise ingenious methods of guaranteeing themselves windfalls regardless of their company's performance." The unvarying defense of the latest Wall Street bonuses, of course, is that the talented and gifted recipients might otherwise change teams. Why, perish the thought. Only recently, reporters have begun catching up with the bankruptcy examiner's report on the failure of Lehman Brothers investment bank, the precipitating event in the 2008 financial crisis. According to law professor and former white-collar prosecutor Peter J. Henning, writing in the New York Times' DealBook blog, the 2,000-page document "discusses some accounting gimmicks that are eerily reminiscent of how Enron tried to prop up its balance sheet back in 2001 before it collapsed." And for which, it will be recalled, a number of Enron executives went to prison. The details can be dauntingly complex. But what they amounted to were a series of short-term accounting tricks designed to make the bank's financial health appear robust as it "teetered on the brink of ruin."The examiner's report calls CEO Richard Fuld "grossly negligent" at minimum, and reserves even harsher terms for Lehman's accounting firm, Ernst & Young. Remember when accounting was a respectable profession? No more. They're buccaneers today. The basic gimmick was called a "Repo 105," moving bad real estate-based assets off the books by using them as collateral for short-term loans just long enough to file quarterly reports, then unwinding the deals as quickly as overnight… You … would go to prison for that, and so should somebody at Lehman Brothers …” along with the rest of the wall street fraudsters / organized crime gang.

Peace impossible because of Netanyahu’s policies: Assad

Putin Says Iran’s Nuke Plant Should Be On Line by Summer Fox News | Russia has been helping Iran build the plant in the southern city of Bushehr since the mid-90s but its launch has been marred by a series of delays and setbacks.

Expect a False Flag Terror Attack To Precede Invasion Of Iran Paul Craig Roberts | The U.S. population, it seems, is comprised of naifs whose lack of comprehension is bringing ruin to other lands.

Corporate Media Hypes “Homegrown” Threat of Patsies, Dupes, and Mental Deficients Kurt Nimmo | Is a false flag terror attack in the works?

Department of Homeland Security’s Mobile Precrime Modules Kurt Nimmo | The DHS is not creating this technology in order for it to sit in a government warehouse. Pre-Crime Policing Radley Balko | Allegedly “disgruntled” man has his guns seized, and “voluntarily” surrenders to two SWAT teams and dozens of police officers for a crime that hadn’t been committed.

Paper: Defense official ran private spy operation A US official identified as Michael Furlong organized a network of private contractors in Afghanistan and Pakistan with the purpose of finding and killing suspected Islamic militants, The New York Times reported Monday.

US may be seeking Israel ‘regime change’

Department of Homeland Security’s Mobile Precrime Modules Kurt Nimmo | The DHS is not creating this technology in order for it to sit in a government warehouse. Pre-Crime Policing Radley Balko | Allegedly “disgruntled” man has his guns seized, and “voluntarily” surrenders to two SWAT teams and dozens of police officers for a crime that hadn’t been committed.

Paper: Defense official ran private spy operation A US official identified as Michael Furlong organized a network of private contractors in Afghanistan and Pakistan with the purpose of finding and killing suspected Islamic militants, The New York Times reported Monday.

ETF Options Players Purchase Puts, Puts, and More Puts

Is The New Bull Market Just a Hoax? Yes, and a typically fraudulent one at that!_ …The S&P 500 recorded a new recovery high by the smallest of margins while the Dow Jones (NYSEArca: DIA - News) did not. A close analysis of prior market tops shows that a similar constellation preceded the 2000 and 2007 market top…EVEN WORSE THAN EXPECTED If you think this is bad, consider the following: The unemployment number commonly publicized is 9.7%. This is the U-3 unemployment rate. The actual unemployment rate - U-6, which is a more comprehensive measure of unemployment - published by the Bureau of Labor Statistics (BLS) is 18% (new numbers to be released on Friday). The BLS is the government agency that tracks unemployment, CPI and many other statistics…ANALYSTS VS. REALITY For investors, this environment is confusing. Analysts and economists predict higher prices and a general bright(er) future, while reliable long-term indicators point towards lower prices. What are those indicators? The January S&P high came in just points below the S&P's 2000-day moving average (MA). Additionally, the 500-day MA has crashed below the 2000 day moving average for the first time in five years (see January issue of the ETF Profit Strategy Newsletter). Looking back over the past decade, do you remember any mainstream Wall Street analyst or economist predicting a major crash, such as technology (NYSEArca: XLK - News) in 2000, real estate in 2005 and financials (NYSEArca: VFH - News) in 2007? Did anyone see the rally from the March 2009 bottom? Analysts are always bullish (and usually bearish at market bottoms such as in March 2009). Generally, their views are proven incorrect and can often be used as reliable gauges. Much more reliable than contrary analyst opinions are valuation metrics that reflect the intrinsic value of stocks. Like an internal thermometer they show whether the market is running hot or cold - overvalued or undervalued. You may be surprised to know that the market has registered the most overvalued readings of the 20th and 21st century…

Don’t forget : Cooper: …This Tuesday (3-9-10) will mark the anniversary of last year’s US stock market low. Since then the market has rallied by 70 percent in a recovery only slightly less suspicious than a Madoff hedge fund … MARKET MANIPULATION We are indebted to some of our loyal readers for providing an answer to the conundrum of why the stock market has recovered so dramatically when the reality of the economy has been so weak. To quote from a recent article on zerohedge.com by Tyler Durden about the fourth quarter of last year:

Anyone looking at their 401(k) portfolio performance since the end of August will undoubtedly be very happy (and extremely surprised), as the market has climbed steadily higher despite i) increasingly declining trading volume and ii) consistent and material withdrawals from domestic equity mutual funds.

Furthermore, if anyone was merely looking at the trading action in regular hours, one would think there was absolutely no profit made since early September. The reason for that: all the upside since September 14th has come exclusively from after hours action.

Every single day, minimal volume pushes the futures index higher. Good news, bad news, it don’t matter to the Goldman S&P and Russell 1000 futures desk: they just lift every micro offer, giving the impression that the market is unstoppable, often leapfrogging each other as the latest viagra’ed GDP or unemployment rumor is spread.

Come morning, it is time for the HFT brigade to come in and scalp their trillions of pennies while leaving the market unchanged, then at 4pm handing it off again to leveraged futures manipulation and dark pools. In a nutshell, this is the secret of the past quarter’s phenomenal market performance…

U.S. Debt Clock in Real Time Infowars.com | A real time updating graphic shows just how deep in debt the nation is.

Social Security to start cashing Uncle Sam's IOUs (AP) PARKERSBURG, W.Va. – The retirement nest egg of an entire generation is stashed away in this small town along the Ohio River: $2.5 trillion in IOUs from the federal government, payable to the Social Security Administration. It's time to start cashing them in. For more than two decades, Social Security collected more money in payroll taxes than it paid out in benefits — billions more each year. Not anymore. This year, for the first time since the 1980s, when Congress last overhauled Social Security, the retirement program is projected to pay out more in benefits than it collects in taxes — nearly $29 billion more. Sounds like a good time to start tapping the nest egg. Too bad the federal government already spent that money over the years on other programs, preferring to borrow from Social Security rather than foreign creditors. In return, the Treasury Department issued a stack of IOUs — in the form of Treasury bonds — which are kept in a nondescript office building just down the street from Parkersburg's municipal offices. Now the government will have to borrow even more money, much of it abroad, to start paying back the IOUs, and the timing couldn't be worse. The government is projected to post a record $1.5 trillion budget deficit this year, followed by trillion dollar deficits for years to come…

U.S., U.K. Move Closer to Losing Rating, Moody’s Says The U.S. and the U.K. have moved “substantially” closer to losing their AAA credit ratings as the cost of servicing their debt rose, according to Moody’s Investors Service. There Are Still Jobs In Broke England, But Only If You Speak Polish UK taxpayer ‘WILL pay tens of billions of euros for Greek rescue’ The UK taxpayer could still end up forking out for the bailout of debt-stricken Greece despite Treasury assurances, politicians warned last night. It’s Going To Implode: Buy Physical Gold – NOW Evidence seems to be mounting that we are headed towards some sort of implosion in the paper Gold market, and perhaps the currency/bond markets in general. U.S., U.K. Move Closer to Losing Rating, Moody’s Says Bloomberg | The U.S. and the U.K. have moved “substantially” closer to losing their AAA credit ratings as the cost of servicing their debt rose, according to Moody’s Investors Service. Social Security Marks First Deficit in Decades CBN | Social Security is going to start paying out more in benefits this year than it’s collecting in taxes — close to $29 billion more.

Euro zone agrees bailout for Greece The euro zone has agreed a multi-billion euro bailout for heavily indebted Greece as part of a package to support the euro, the Guardian newspaper reported on Saturday. Detroit family homes sell for just $10 Family homes in Detroit are selling for as little as $10 (£6) in the wake of America’s financial meltdown. China rejects US demand to boost yuan’s value China May Face ‘Massive’ Bank Bailouts After Stimulus Program

Sodium Fluoride and the Forced Drugging of America Infowars.com | Boston WCVB TV report on fluoride and expands on the threat posed by this deadly neurotoxin. Pentagon Targets WikiLeaks Kurt Nimmo | WikiLeaks better hurry up and move to the Icelandic truth zone,

Taboo Inhibits Frank Iran/israel Talk Ray McGovern | Joint Chiefs Chairman Mike Mullen has warned the israelis publicly that an attack on Iran would be a “big, big, big problem for all of us.”

AIPAC of Raving Lunatics Keith Johnson | If Congress acts in lock step to their demands, then it should be abundantly clear to all of us that the lunatics, have indeed, taken over the asylum. US lobby group warns against row with Israel A major pro-Israeli lobby group in the United States has warned Washington against chilly remarks on US-Israeli ties, urging immediate action to ease apparent tensions with Tel Aviv. US-Israel crisis — this time it's serious arabnews.com WASHINGTON: Tension between the United States and Israel went up a notch on Monday when Israeli Prime Minister Benjamin Netanyahu said construction in occupied East Jerusalem would continue as usual.

US ponders denying israel arms needed for Iran war With Israel making apparent efforts to build a case for war on Tehran, the Obama administration reportedly considers denying Tel Aviv the military items needed for an attack on Iranian nuclear sites. Don’t bet the ranch on this story or hold your breath either.

Jewish settlements spark outrage JERUSALEM: International outrage over Israel’s policy of continued settlement building in occupied territories grew on Saturday with Palestinian women and children clashing with Israeli police and the European Union urging Tel Aviv to resume peace talks urgently. EU has leverage with Israel on talks - Ashton SAARISELKA, Finland: The European Union could use closer trade ties as leverage to urge Israel to resume peace talks with the Palestinians, the EU's top diplomat said on Saturday ahead of a trip to the region. Israeli settlement action 'an insult': Obama aide (AFP)

israel arrests Hamas chief in West Bank (AFP) - A leader of the Islamist Hamas movement in the West Bank has been arrested by the Israeli security services which had wanted him for several years, an Israeli military spokesman announced Sunday... Israel extends West Bank lockdown (AFP)

Tehran accuses US of launching ‘cyber war’ against Iran

It's official: An asteroid wiped out the dinosaurs (Reuters) - Reuters - A giant asteroid smashing into Earth is the only plausible explanation for the extinction of the dinosaurs, a global scientific team said on Thursday, hoping to settle a row that has divided... According to New Comprehensive Review, a Giant Meteorite Caused the... ring in africa may be giant 'impact crater'

Department of Homeland Security’s Mobile Precrime Modules Kurt Nimmo | The DHS is not creating this technology in order for it to sit in a government warehouse.

Paper: Defense official ran private spy operation A US official identified as Michael Furlong organized a network of private contractors in Afghanistan and Pakistan with the purpose of finding and killing suspected Islamic militants, The New York Times reported Monday.

“JihadJane” was laughable, Web watchers say Philadelphia Inquirer | For years, “JihadJane” had been a joke to those who kept tabs on her online.

Drudge vs. the Senate? `U.S. SENATE WARNS ALL STAFF TO AVOID DRUDGE...` Senate Tells Employees Not to Read Drudge Report Drudge Report | Just as the healthcare drama in the capitol reaches a grand finale, congressional officials are warning employees to avoid the Drudge Report.

Senate declares Drudge Persona Non Grata, Internet Jihadist!

Clinton slams Israel on housing announcement (AP)

PAY CLOSE ATTENTION TO ‘MARKET MANIPULATION’ SECTION HEREAFTER AS TO HOW THE LATEST BUBBLE-FRAUD PRE-COMING CRASH IS BEING ACCOMPLISHED:

Peter Cooper: This Tuesday (3-9-10) will mark the anniversary of last year’s US stock market low. Since then the market has rallied by 70 percent in a recovery only slightly less suspicious than a Madoff hedge fund.

A year ago uncertainty hung over the Dow and S&P 500 with the possibility of an economic depression and the potential nationalization of the entire banking system. But what has happened since then did not fall so far short of this extreme.

THE GREAT RECESSION

The economy has undergone its biggest post-war contraction and unemployment has soared to 15 percent, including the long-term unemployed. With 36,000 jobs lost last month this rise might be slowing but it is not yet decisively over.

Meanwhile the ‘too big to fail’ banks like Citibank (C) remain effectively nationalized, although a great deal of the emergency facilities granted to the banks have been withdrawn.

But bank lending is still seriously down on a year ago and the credit crunch remains a reality for millions, not least of whom are the several million home owners with mortgage resets that will land them in foreclosure over the next couple of years.

Housing sales and auto sales – the two biggest drivers of the US economy – remain deep in recession, not to say depression – as they have fallen into a trough from which it is hard to see a way out. There is no catalyst for a recovery or one on the horizon, indeed quite the reverse for housing in particular.

MARKET MANIPULATION

We are indebted to some of our loyal readers for providing an answer to the conundrum of why the stock market has recovered so dramatically when the reality of the economy has been so weak. To quote from a recent article on zerohedge.com by Tyler Durden about the fourth quarter of last year:

So this is what has fooled us, and we are humbled! Perhaps we should have expected this with the benefit of hindsight. The largest Fed intervention in markets in history could hardly take place without doing something equally big in the stock market. Why should market forces be allowed to work for equities and not bank liquidations?

Looking forward, however, what the Fed has created is another huge bubble in US stock market valuations. Not only are stocks expensive given the reality of the economy. They are also being artificially inflated in value by outright manipulation aided by the cheap money doled out to investment banks.

DIVIDEND SUPPRESSION

That is why the market will allow dividends to persist at an average of two percent while the long-term average dividend is double that amount – implying that share prices should be half what they are today. It needs little imagination to see what must happen in the near future: the mother of all corrections.

Of course timing such a crash is very tough. The manipulators will want to do it to suit their purposes. For example, if they wanted to sell a lot of bonds and were finding it difficult then a nice stock market event would power the bond market back up – perhaps into its final bubble spike?

Short covering might drive the stock markets a little higher this week but staying on the short side is the only viable strategy as a preparation for what is to come.

Why the surprise-the same reality disconnect before the last bubble-crash and the one before that!

SEEKING ALPHA/HANNON I remain in awe of the market. Despite a steady stream of news that is either poor or unremarkable, this market continues higher. Although we have not witnessed blockbuster, high-volume days that crush the bears, a steady climb has allowed prices to approach those of recent weeks.

Although I'm impressed with this performance, I still remain wary. At this time of year I begin poring over annual reports, and the picture is not pretty. In general, companies have strengthened their liquidity positions, yet operating metrics continue deteriorating. As margins erode, the disconnect between how companies are performing and how the markets are behaving concerns me…

A more optimistic but much less realistic view:

SEEKING ALPHA/CORSON I disagree and think the situation is worse than that.

Reasons Roubini cites for the 20% "double dip" scenario are the following:

Poor US economic data
Europe’s debt crisis
Europe facing a double dip recession as well.

The bad economic data Roubini cites are very poor and dropping consumer confidence, tanking new home sales, existing home sales sliding, construction activity falling and new jobless claims stubbornly staying above 400,000. Roubini notes that while the Q4 GDP figure was revised upward to 5.9%, most of that figure, 3.9 percentage points of it, was due to inventories.

Since the end of February, the macroeconomic data for the US “have been almost uniformly poor, if not outright awful," Roubini contends.

I think Roubini is being too optimistic.

I place the probability of a double dip recession at 40% because of the further problems Roubini did not focus on which are developing in the financial sector as evidenced by declining M2, M3, the monetary multiplier, commercial paper outstanding, CDOs being sold, and the drop in GDP or down turn predicted by the new Predictive Financial Index recently developed by Goldman Sachs, Deutsche Bank, Columbia University, New York University and Princeton.

Too, the banking system is also known to be carrying a substantial “shadow inventory” of homes not on the market for sale. Rail traffic is stalled and where there is progress, it is too feeble. Our banks remain badly leveraged and loaded with bad debt. They survive only because of the abandoned mark to market rule… Indeed, my 40% figure for a "double dip" may be too optimistic.

Infowars.com Robert Singer March 11, 2010

The year is 2010 and to anyone not in denial, the industrialized nations have entered the greatest calamity the world has ever known:

• 35 Million Americans on Food Stamps: 12 Percent of U.S. Population on Food Stamps Highest Since Records Kept in 1969, and that’s before the Obama administration announced a planned three-year budget freeze on government discretionary spending. (My Budget 360)

• 18 Million empty houses in the United States and 39 million Americans who are no longer working or looking for work, and that’s before Federal Reserve finishes rewriting the rules of American “capitalism” as US Housing, the Automobile Industry and the American Dream are dismantled. (The 31-Year-Old in Charge of Dismantling G.M., David E. Sanger). “There are now well over 150 million Americans who feel stress over these things on a consistent basis. Over 60 percent of Americans now live paycheck to paycheck.” (The Economic Elite vs. People of the USA, David DeGraw)…

The article essentially says this is an orchestrated collapse engineered by the so-called ‘elite’. I disagree. As I’ve said before, the so-called ‘elite’ are but a bunch of vegetables, f**k-ups who would like you to think this continuing meltdown / decline / secular bear market is a function of their machinations, yet the truth is that their contribution, not to be discounted, to this global debacle is one of doing what these mental cases do best; viz., f***ing-up. Really! It’s quite that simple. Yes they’re greedy, self-serving, incompetent, dysfunctional, even criminally insane, but there is plenty of random folly to pass around, not the least of which, ie., continued wars though u.s. is defacto bankrupt, bailouts for and no prosecutions of massive securities frauds, etc., is in part owing to a very domestic defacto coup d’etat that has enabled further looting of the treasury with fog of war (Iraq, Afghanistan, “terror”, etc.) the distraction, among other diversions.

6 Theories On Why the Stock Market Has Rallied [archived website file]

Washington’s Blog
March 10, 2010

There are at least 6 theories about why the stock market has rallied some 70% off its lows a year ago, even though nothing has been done to actually address the root causes of the financial crisis.

What The Dumb Money Believes

The dumb money believes what CNBC and their trusty stock churner … er, broker … says: that the government has fixed the economy but it just has to “kick in” (and that unemployment is just a lagging indicator, nothing important. See this, this, this and this).

Therefore, these folks believe that stocks are hugely undervalued, and that if they buy while most people are still afraid, they’ll make a killing when the market goes to the moon.

Temporary Juice

Others believe that it is the quantitative easing, low rates, bank bailouts, stimulus spending, and other portions of the “wall of money” which the feds have thrown at the economy are creating a temporary pump to the stock market.

But they think that – when the spigot is turned off – the market will tank.

The Situation is Inflation

Others believe that – regardless of continued loose monetary and fiscal policy or real stock valuations, we’re in for some serious inflation.

Stocks tend to preform well during inflationary periods.

For more on inflation versus deflation, see this.

Machines Run Amok

Tyler Durden explains that all of the stock market gains have occurred after hours when mystery buyers purchase stock futures in low volume environments (and see this).

Vincent Deluard – a strategist for TrimTabs Investment Research (25% of the top 50 hedge funds in the world use TrimTabs’ research for market timing) – said last month:

We’ve never seen this before – such a huge rally, and the little guy is out.

Some argue that it is high-frequency trading or momentum-chasing trading algorithms doing the buying, and that the market will tank when they change their game.

Fed Futures

Others argue that the government is itself buying stock futures.

Some believe that the Feds aren’t buying, but that they have intentionally showered the big banks with money, and encouraged the banks to buy. In other words, they argue that the Feds are indirectly promoting a stock market rally.

Fraud Central

Karl Denninger believes that the market has rallied due to the systemic, fraudulent overvaluation of assets.

As Denninger wrote yesterday:

[A reader wrote] the FDIC to ask about [allegations of fraudulent valuations]. This was their response:

That’s the value the bank had them on their books on their year-end financials, but the true value is much less. It is similar to someone in Las Vegas saying that their house is worth $300,000 because that’s what they paid for it three years ago, but the reality is, if they had to sell it in today’s market, they’d only get $250,000 for it. The FDIC has to sell assets in today’s market…

Or tomorrow’s market.

The simple fact of the matter is that there it is, right in front of you.

A raw admission that the banks are carrying these loans at dramatically above their actual value.

Yes, this means that essentially all balance sheets must now be considered fraudulent, and thus the valuations assigned by the market to them are also fraudulent.

Extending this to the stock market as a whole you now have a market that is intentionally overvalued as a direct and proximate consequence of fraud, permitted and endorsed by the government, of somewhere between 25-40%.

Now you know why the market rallied off the SPX 666 lows to where it is now. 1139 (where we are now) * .60 (a 40% haircut) = 683.40, or awfully close to that 666 bottom.

Of course this “valuation” expressed in the market can only be maintained for as long as the fraud is. If the ability to maintain that fraud is lost for any reason then values will instantly collapse back to reflect reality.

Note: Obviously, I believe this is a bear market rally which will eventually fizzle out. If the bulls are instead right, then that will make me the dumb money. But I think it much more likely that the rally will change direction in the not-too-distant future.

`Obama facing uprising over new NASA strategy…If anything there should be uprising over continued war spending by defacto bankrupt u.s. and not wise containment of spending for that fraudulent sinkhole called nasa...` Fake dutch 'moon rock' revealed a treasured piece at the dutch national museum - a supposed moon rock from the first manned lunar landing - is nothing more than petrified wood, ...bbc news bbc news | europe | fake dutch 'moon rock' revealed prized moon rock a fake - a piece of moon rock given to an overseas politician by the united states is actually a lump of petrified wood, museum authorities revealed yesterday. ... 'Moon rock' in dutch museum is just petrified wood aug 27, 2009 ... Fake moon rock at dutch national museum. Rijksmuseum / ap. This rock, supposedly brought back from the moon by american astronauts… http://www.albertpeia.com/moonfraud.htm In reality it is just a piece of petrified wood ... Another piece of evidence that shows again that apollo program is indeed a fake and a typical american fraud… http://www.albertpeia.com/moonfraud.htm

LIST OF WINNERS AT THE 82ND ANNUAL OSCARS AP

Citizen’s arrest of George W. Bush justified, court hears Political activist John Boncore was entitled to try to arrest former U.S. president George W. Bush for war crimes, his lawyer told a Calgary court Monday.

US gave Israel green light for East Jerusalem construction Peace in the Middle East? Lobotomy joe biden Attends War Council in israel Kurt Nimmo | israeli UN ambassador makes outrageous claim Iran is a threat to the entire world. Rep. Kennedy Denounces Mockingbird Media Over War Kurt Nimmo | The CIA’s Operation Mockingbird is all about keeping the american people in the dark as the elite perpetuate highly profitable war and endless crimes against humanity.

The end of the road for Barack Obama? Barack Obama seems unable to face up to America’s problems, writes Simon Heffer in New York.

Shots ring out near site of Christian-Muslim massacres (AP)

Britain begins inquiry into Iraq abuse claims LONDON: Britain opened an inquiry Tuesday into claims that its soldiers murdered and abused civilians in southern Iraq in 2004, some of the most serious allegations made against British forces over the war and occupation of the country.

Ex-spy chief: US misled allies over detainees (AP)

israeli group: Police improperly arresting kids (AP)

Biden condemns new Israeli settlement plan

Drudge vs. the Senate? `U.S. SENATE WARNS ALL STAFF TO AVOID DRUDGE...` Senate Tells Employees Not to Read Drudge Report Drudge Report | Just as the healthcare drama in the capitol reaches a grand finale, congressional officials are warning employees to avoid the Drudge Report.

Net Insider Transactions Cycle Back to Selling How Have U.S. Stocks Defied Gravity for So Long?

Massa resigns; Democrats' ethical lapses could threaten hold on power Washington Post - Perry Bacon Jr - Congressional Democrats reclaimed control of Congress in 2006 by pledging to "drain the swamp" after Republican ethics scandals rocked Capitol Hill. Those roman italians, remnants of a fallen empire they love their cornholin’ …; and, there’s angelo (guido) balducci holding up his end, so to speak, at the Vatican… New Sex Scandal Rocks Vatican (CBS) The Vatican is facing allegations that one of Pope Benedict's ceremonial ushers, as well as a member of the Vatican choir, were involved in a gay prostitution ring. "The latest shadow on the church's image," reports CBS News Correspondent Richard Roth, "comes from leaked police reports (on) wiretaps in a separate corruption case. The Vatican wasn't a target, but it's taken a hit." The recordings, according to Italian press, reveal Angelo (Guido) Balducci, an Italian executive who's been a Gentleman of his Holiness -- the elite group of black-suited men who serve the pope in unpaid roles as ushers -- negotiating with the 29-year-olf Nigerian Vatican choir member for the services of male prostitutes, as part of the larger prostitution ring. Balducci is under arrest… Vatican Prostitution Scandal Emerges Examiner.com - Police uncovered the scandal during a wire tap related to another matter. Since the allegations of sexual abuse by members of the Catholic clergy became ... Wal-Mart $12M Lawsuit, Gay Sex Scandal at Vatican & Obama on 'Most Wanted' Post Chronicle - Jim Brogan - ‎12 hours ago‎ ... A ceremonial usher is involved in gay sex and prostitution ring scandal at the Vatican and President Obama appears in 1000th episode of 'America's Most ... Lawyer: Leak of sex claims against Italian official is 'shameful' CNN International Vatican Latest sex scandal Only Kent (blog) Vatican City Gay Scandal 2010 Island Crisis (blog) Video: Massa will resign facing ethics inquiry WIVB Video: Massa will resign facing ethics inquiry WIVB Analysis: Massa's exit gives GOP a boost Ithaca Journal

Ex-defence chief attacks Brown’s evidence to Iraq inquiry Times Online | Former commanders accused Gordon Brown of deliberately misleading the Iraq inquiry after he blamed the military for failing properly to equip the Armed Forces for war.

Ahmadinejad Declares 9/11 Attack a “Big Fabrication” Reuters | Ahmadinejad described the destruction of the twin towers in New York on September 11, 2001 as a “complicated intelligence scenario and act.” Iran's Ahmadinejad: Sept. 11 attacks a 'big lie' (AP) President Mahmoud Ahmadinejad on Saturday called the official version of the Sept. 11 attacks a "big lie" used by the U.S. as an excuse for the war on terror, state media reporte... Neo-Con Media: Oh What a Lovely War Philip Giraldi | The mainstream media is full of self-described experts who need tension and war to bolster their own self-esteem.

NYT SPLASH SUNDAY: SCIENTOLOGY'S DEFECTORS SAY CHURCH HIDES ITS ABUSE... ‘…They soon discovered others who felt the same. Searching for Web sites about Scientology that are not sponsored by the church (an activity prohibited when they were in the Sea Org), they discovered that hundreds of other Scientologists were also defecting — including high-ranking executives who had served for decades. Fifty-six years after its founding by the science fiction writer L. Ron Hubbard, who died in 1986, the church is fighting off calls by former members for a Reformation. The defectors say Sea Org members were repeatedly beaten by the church’s chairman, David Miscavige, often during planning meetings; pressured to have abortions; forced to work without sleep on little pay; and held incommunicado if they wanted to leave…The defectors say that the average Scientology member, known in the church as a public, is largely unaware of the abusive environment experienced by staff members. The church works hard to cultivate public members — especially celebrities like Tom Cruise, John Travolta and Nancy Cartwright (the voice of the cartoon scoundrel Bart Simpson) — whose money keeps it running.

But recently even some celebrities have begun to abandon the church, the most prominent of whom is the director and screenwriter Paul Haggis, who won Oscars for “Million Dollar Baby” and “Crash.” Mr. Haggis had been a member for 35 years. His resignation letter, leaked to a defectors’ Web site, recounted his indignation as he came to believe that the defectors’ accusations must be true. “These were not the claims made by ‘outsiders’ looking to dig up dirt against us,” Mr. Haggis wrote. “These accusations were made by top international executives who had devoted most of their lives to the church.” …’

Rove book continues Bush Administration lies about Iraq Examiner | In a new book Karl Rove claims ( not convincingly) that Bush didn’t mislead the country into war in Iraq and that it was the right decision.

Kucinich orders Afghan War debate, vote: “Trillions for war, no money for Americans!” Examiner | Congressman Dennis Kucinich invoked a procedural rule to help protect Americans from endless war to compel members of Congress to debate and vote whether to continue US war in Afghanistan.

Conspiracy Fact: Every Major Terror Plot In U.S. Was Contrived | In light of Pentagon shooting, recent history proves that domestic terror is a government specialty.

Hundreds slaughtered in Nigeria violence (AP) - The killers showed no mercy: They didn't spare women and children, or even a 4-day-old baby, from their machetes. On Monday, Nigerian women wailed in the streets as a dump truck carried dozens of...

Interpol issues alert for 16 in Dubai killing (AP)

DRUDGEREPORT: Obama policies projected to add $9.7 trillion to debt by 2020...
Estimates show grim picture...

Poll: America less respected...
Positive Jobs Report Doesn't Ease Worries of a 'Double Dip'…particularly since subject to, as in previous month, 200%+ revisions worse than reported... Banks closed in FL, IL, MD, UT...

Economists Warn Another Financial Crisis On the Way...

JAKARTA STUDENTS PROTEST OBAMA VISIT...

Dan Rather: 'Articulate' Obama Couldn't Even 'Sell Watermelons'...

NYT SPLASH SUNDAY: SCIENTOLOGY'S DEFECTORS SAY CHURCH HIDES ITS ABUSE... Pentagon on Lockdown After Officers Shot; Suspect in Custody...
Three People Shot at Metro Station...

DEM REP. CHARGES: NAKED RAHM THUGS AROUND GYM SHOWERS

IMF CHIEF WANTS NEW GLOBAL CURRENCY

Beijing looks at severing dollar peg...
China says U.S. ties 'seriously disrupted'...

Senator warns of 'financial meltdown' risk...
China postpones military exchanges with USA...

China PLA officer urges challenging U.S. dominance...
Putin: Russia to build new strategic bomber...

Man Attacked, Killed By 'Pet' Bull...

'IT CAME IN WAVES'...
Quake affects millions...

Perfect storm brewing for UN's Panel on Climate Change...

OFF COME THE GLASSES: 'HURT LOCKER' TOPS 3D BLOCKBUSTER IN OSCAR UPSET...
Sandra Bullock crowned worst best actress...
FINKE: LIVE-SNARKING THE 82ND AWARDS...
WIRE...
RED CARPET SNAPS...

Sarkozy under pressure, faces poll wipeout...
Merkel's coalition in chaos...

LIST OF WINNERS AT THE 82ND ANNUAL OSCARS AP

By The Associated Press

List of winners at the 82nd annual Academy Awards:

• Motion Picture: "The Hurt Locker."

• Actor: Jeff Bridges, "Crazy Heart."

• Actress: Sandra Bullock, "The Blind Side."

• Supporting Actor: Christoph Waltz, "Inglourious Basterds."

• Supporting Actress: Mo'Nique, "Precious: Based on the Novel 'Push' by Sapphire."

• Director: Kathryn Bigelow, "The Hurt Locker."

• Foreign Film: "El Secreto de Sus Ojos," Argentina.

• Adapted Screenplay: Geoffrey Fletcher, "Precious: Based on the Novel `Push' by Sapphire."

• Original Screenplay: Mark Boal, "The Hurt Locker."

• Animated Feature Film: "Up."

• Art Direction: "Avatar."

• Cinematography: "Avatar."

• Sound Mixing: "The Hurt Locker."

• Sound Editing: "The Hurt Locker."

• Original Score: "Up," Michael Giacchino.

• Original Song: "The Weary Kind (Theme From Crazy Heart)" from "Crazy Heart," Ryan Bingham and T Bone Burnett.

• Costume: "The Young Victoria."

• Documentary Feature: "The Cove."

• Documentary (short subject): "Music by Prudence."

• Film Editing: "The Hurt Locker."

• Makeup: "Star Trek."

• Animated Short Film: "Logorama."

• Live Action Short Film: "The New Tenants."

• Visual Effects: "Avatar."

Regulators close banks in four states Reuters Obama policies projected to add $9.7 trillion to debt by 2020... Estimates show grim picture... Positive Jobs Report Doesn't Ease Worries of a 'Double Dip'…particularly since subject to, as in previous month, 200%+ revisions worse than reported...

State's unemployment rate hits 12.5 percent San Jose Mercury News - Pete Carey - California's unemployment rate jumped to its highest level in more than three decades in January, but the trends in state and national reports released Friday appear to be improving. Employers shed jobs in February, but upward trend continues MiamiHerald.com Calif. jobless rate rises to 12.5 percent in Jan. Regulators close banks in four states Reuters - Doug Palmer, Gary Hill - WASHINGTON (Reuters) - US bank regulators closed four banks in as many states on Friday, bringing the number of failures so far this year to 26 as deteriorating loans continued taking a toll on financial institutions. `Banks closed in FL, IL, MD, UT...` Four US Banks Shut Down as Failure Count This Year Reaches 26 BusinessWeek Read Heartland Bank's full statement Bloomington Pantagraph

Congressional estimates show grim deficit picture (AP) AP - A new congressional report released Friday says the United States' long-term fiscal woes are even worse than predicted by President Barack Obama's grim budget submission last month.

US is headed for long decline. You don't have to follow.

Michael Moore: There's Going to Be a Second Crash (And Glenn Beck C... We interviewed Michael Moore on The Young Turks today and he was not shy about sharing his opinions. Anyone surprised? He had very strong words for the Democratic Party, the state of our political system and Glenn Beck.

What he thinks of Democrats and Republicans:

You know, I tell you, these Democrats are disgusting. Wimps and wusses and weasels. You know, get some spine. This is why I have to admire the Republicans. They at least stand for something. They at least have the courage of their convictions. They get elected to office, they come into town, and they go "Get outta my way, there's a new sheriff in town. This is the way we're doing things. Get outta here." And then they do it. You know. I mean what they do is crazy. But dammit, they are good at it. We should take a page out of their book.

Can we fix the broken political and economic system in America?

It's not going to get fixed. There's going to be another crash. The commercial real estate bubble hasn't burst yet. That's going to burst. The credit card debt is so huge right now, it will never be repaid. That's a house of cards waiting to fall. So the crash of '08 is going to look like coming attractions. And we're in for a much, much worse time.

… Unfortunately, I share his pessimism about the system... We have to stop letting corporate interests buy our politicians and government officials. Make a change. www.twitter.com/TheYoungTurks

Nobel Prize-Winning Economist: Federal Reserve System is Corrupt and Undermines Democracy Washington’s Blog | Joseph Stiglitz – former head economist at the IMF and a nobel-prize winner – said the very structure of the Federal Reserve system is so fraught with conflicts that it is “corrupt” and undermines democracy. Iceland’s Voters About to Tell Global Banksters to Shove It IMF-style Austerity Measures Come to America Long lines at theme parks are for job applicants

Faber on Gold Recommendation: It’s Dead Simple, The Supply Of Dollars Will Grow Way Faster Than The Supply Of Gold

Ron Paul Exposes CIA & Federal Reserves’s drug running business on TV | Congressman Ron Paul follows up on recent statements, outlining the takeover of Constitutional government by the CIA and the Federal Reserve, including state-sponsored drug running. The smearing of dissent as “violence” Mexican Drug Cartels Active Nationwide, Obama Administration Officials Say

As Predicted, Pentagon Shooting Blamed On 9/11 Truth

Nuclear Material Dropped by israeli Jets to Frame Syria

Syria denies concealing nuclear activities VIENNA: Syria on Thursday denied hiding nuclear activities from the world and said israel was the source of suspicious uranium particles found at a Syrian desert complex bombed two years ago by the jewish state.

DRUDGEREPORT: Obama policies projected to add $9.7 trillion to debt by 2020...
Estimates show grim picture...
Positive Jobs Report Doesn't Ease Worries of a 'Double Dip'…particularly since subject to, as in previous month, 200%+ revisions worse than reported... Banks closed in FL, IL, MD, UT...

Economists Warn Another Financial Crisis On the Way...

JAKARTA STUDENTS PROTEST OBAMA VISIT... Pentagon on Lockdown After Officers Shot; Suspect in Custody...
Three People Shot at Metro Station...

IMF CHIEF WANTS NEW GLOBAL CURRENCY

Senator warns of 'financial meltdown' risk...
China postpones military exchanges with USA...

China PLA officer urges challenging U.S. dominance...
Putin: Russia to build new strategic bomber...

Man Attacked, Killed By 'Pet' Bull...

'IT CAME IN WAVES'...
Quake affects millions...

Perfect storm brewing for UN's Panel on Climate Change...

SEC Charges ‘Psychic Investor sean david morton’ With Fraud [archived article on this website] I previously wrote on this website in 2004 http://www.albertpeia.com/breakinews2004.htm :

‘Indeed, Among the Art Bell Frauds Is A Troubled Mental Case Named Sean David Morton Who, As An Example Of This Fraud promoted By Coast To Coast, Predicted inter alia, A Year After Bush Was Elected He Would Be Assassinated and His Predicted Running Mate Christie Todd Whitman Would Become The First Woman President; The Pope Would Die (renewed predictions 3 years in a row); The St. Louis Rams Would Win The Super Bowl and Because They're An NFL (not AFL) Team, The Stock Market Would Soar (neither occurred); The Arizona Diamondbacks Would Win The World Series Because He Had A Vision Of Snakes On A Ballfield / Stadium (they didn't); The Stock market Would Hit 14,000 (Dow) before The 2004 Election (Only 4,000 points or 40% off); ETC.. Just little things. He also sells his "remote-viewing-know-how" and consults for the u.s. government security/intelligence agencies and has a u.s. government security clearance for same which probably explains the feds making "all the right moves" on that front. Riiiiight. He's also predicting hurricanes in florida, earthquakes in california, snow, rain, wind. What a mental case! Then There is remote viewer major ed dames aka 'Dr. Doom' who announced he was going to remote view the antichrist / satan and with regard to a missing child/murder victim whose body was sought, he saw her amidst water thus narrowing the search to 2/3 of the planet. Gordon Michael Scallion Had Had A Nervous Breakdown And The Rest Is Pseudo-psychic History. What b**l s**t! There's a face on Mar's Says b**l s**t artist richard c. hoagland. We all really know that that 'Woman on Mars' is there to keep the 'Man in the Moon' company. There's also "alien abductee" whitly streiber (previous fictional work prior to Communion was The Hunger, about vampires). Then There's also Fraud / Government Dupe Bob Lazar, ETC.. Fortunately I have a good memory and remember bell's pro-israel jingoism / war mongering while he was cutting a jew deal on 'Superstorm' despite current denials of his "then" position.
Then there is the affable George Norry. His self-effacing, ingratiating style, lack of innate intelligence, stuttering at times as he timidly asks a question, one is reluctant to be critical but rather be "charitable", understanding, patient, and supportive. Indeed, his interviews usually have the resemblance to a verbal Rorschach Test wherein norry, so so sorry, spews forth his usually non-sequitorial associations on reflexive impulse, much like a gumball machine drops the gumball with a turn. He is probably one of the dumbest persons to have ever hosted a radio or other media show, certainly of those that I've sampled.
He recently had that participant in that great american fraud, the moon landing that wasn't (it was a moon mission, however, viz., 'the day that NASA/criminal u.s. "mooned" the world'), Edgar Mitchell who now dabbels in the "paranormal". Indeed, Mitchell alludes to an incident with charletan uri geller, wherein he implores geller to teleport something back from the moon, viz., the camera he had left on the moon. Alas, geller was unsuccessful in that endeavor because the camera was annexed to something quite heavy. Not to be dismayed, however, while in the cafeteria in the presence of mitchell, geller bit into some ice cream, and bloodied his mouth on, you might not have guessed it, mitchell's tie clasp which he had left on the moon, apparently successfully "teletransported" by by mitchell's heroe, trickster/huckster/geller. Riiiiight. I couldn't take any more and ended my sampling of the show at said point. What b**l s**t!
They Believe THE Fraud of the 20th Century (Yet to Unfold), Which Continues As The Fraud of What Remains of the 21st Century [Now Eclipsed By The Crime/Fraud Of What Remains of the 21st Century]. You Can Bet Their NASA Guests "Believe" In The Moonscam. Indeed, Their Paychecks and Lives Depend On It. With Intent To Satisfactorily Answer Pointed Scepticism Regarding The "moonlanding", NASA Spokesman Brian Welsh, for example (there were others), Began Asking Questions and Demanding Answers. He Was Dead In No Time At All, Of A "Heart Attack" At Age 43. Riiiiight.
It Should Be Noted, In Fairness and For Balance, That Edgar Casey Was In Fact 'The Real Deal', Though In Error and Mistaken In What He Erroneously Posited As Constituting Any Notion Of "Reincarnation".

NO WONDER THE ECONOMY ISN’T IMPROVING [archived website article] :

‘THE GOVERNMENT HASN’T TAKEN THE NECESSARY ACTIONS, AND HAS INSTEAD BEEN DOING ALL OF THE WRONG THINGS. Let’s recap. The leading monetary economist told the Wall Street Journal that this was not a liquidity crisis, but an insolvency crisis. She said that Bernanke is fighting the last war, and is taking the wrong approach. Nobel economist Paul Krugman and leading economist James Galbraith agree. They say that the government’s attempts to prop up the price of toxic assets no one wants is not helpful. The Bank for International Settlements – often described as a central bank for central banks (BIS) – slammed the easy credit policy of the Fed and other central banks, the failure to regulate the shadow banking system, “the use of gimmicks and palliatives”, and said that anything other than (1) letting asset prices fall to their true market value, (2) increasing savings rates, and (3) forcing companies to write off bad debts “will only make things worse”. BIS also cautioned that bailouts could harm the economy (as did the former head of the Fed’s open market operations). And BIS warned that the Fed and other central banks were simply transferring risk from private banks to governments, which could lead to a sovereign debt crisis. Virtually all leading independent economists have said that the too big to fails must be broken up, or the economy won’t be able to recover (and see this). Instead, they have been allowed to get even bigger (and see this and this). While modern economic theory shows that debts do matter (and see this), the U.S. is spending on guns and butter like debts are a good thing. Nobel prize winning economist George Akerlof predicted in 1993 that credit default swaps would lead to a major crash, and that future crashes were guaranteed unless the government stopped letting big financial players loot by placing bets they could never pay off when things started to go wrong, and by continuing to bail out the gamblers. (Not only has the government rewarded the gamblers, bailed them out and let them engage in a new round of risky betting, but it hasn’t even reined in credit default swaps.) And instead of trying to restore trust in our financial system – which is a prerequisite for any sustainable economic recovery – Summers, Geithner, Bernanke and the boys have tried to sweep the problems under the rug and con the public into believing that everything is okay and that no real reform is needed. As I wrote in October: William K. Black – professor of economics and law, and the senior regulator during the S & L crisis – says that that the government’s entire strategy now – as during the S&L crisis – is to cover up how bad things are (”the entire strategy is to keep people from getting the facts”). Indeed, as I have previously documented, 7 out of the 8 giant, money center banks went bankrupt in the 1980’s during the “Latin American Crisis”, and the government’s response was to cover up their insolvency. Black also says: There has been no honest examination of the crisis because it would embarrass C.E.O.s and politicians . . .Instead, the Treasury and the Fed are urging us not to examine the crisis and to believe that all will soon be well. PhD economist Dean Baker made a similar point, lambasting the Federal Reserve for blowing the bubble, and pointing out that those who caused the disaster are trying to shift the focus as fast as they can: The current craze in DC policy circles is to create a “systematic risk regulator” to make sure that the country never experiences another economic crisis like the current one. This push is part of a cover-up of what really went wrong and does absolutely nothing to address the underlying problem that led to this financial and economic collapse.Baker also says: “Instead of striving to uncover the truth, [Congress] may seek to conceal it” and tell banksters they’re free to steal again. Time Magazine called Tim Geithner a “con man” and the stress tests a “confidence game” because those tests were so inaccurate…’

‘Nuclear material dropped by israeli jets’ VIENNA: Syria said on Thursday that Israel dropped uranium particles onto Syrian soil from the air to make it look as if a covert nuclear weapons plant was being built there, diplomats at a UN nuclear watchdog meeting said.

Marine reportedly killed by opium-fueled private contractors

1 in 3 Killed by U.S. Drone Attacks In Pakistan Are Civilians

Afghans Trained by Blackwater Defect to Taliban

Haaretz: Israel Is Preparing To Strike Iran “Do not strike” is what the Americans are telling Prime Minister Benjamin Netanyahu. “Let’s first try sanctions on Iran.” Not a democracy! israel ’showed its real face’ in Dubai-Mossad scandal Israel’s neither confirming nor denying the claims of its involvement in the Hamas leader assasination. Meanwhile, investigators from different continues are seeking more evidence. Sabakh Al Mukhtar, from the Arab Lawyers association, is sure Mossad’s behind the killing, and says it should be punished for the crime.

Triple suicide blasts kill 30 in Iraqi city

Senator Kerry Tells Israel Not to “Jump the Gun” On Iran Attack Kurt Nimmo | Senator John “Skull and Bones” Kerry has traveled to Israel in support of a plan to wreck Iran’s economy. Senator Kerry in typical double-speak fashion: israel won’t go alone on Iran – u.s is on same page of provocation, war, defacto bankruptcy of u.s. Preparing For Israeli Strike, Iran President Expects War “Between Spring And Summer” War Council Convened In Damascus Past Friday To Prepare For Israeli Strike, Iran President Expects War “Between Spring And Summer” Abu Dhabi Media website The National has disclosed some rather disturbing news about peace “prospects” in the middle east. And yet, Iran is fully cooperating with IAEA: foreign minister Xinhua | Iran has fully cooperated with the International Atomic Energy Agency (IAEA), Iranian Foreign Minister Manouchehr Mottaki said Monday. Naif calls for peaceful solution to Iran crisis

Afghanistan bans coverage of attacks, will detain offending journalists ‘Afghanistan announced a ban on news coverage of Taliban strikes on Monday, saying such coverage only emboldened the Islamist militants, whose latest strikes killed six in the southern city of Kandahar,’ Reuters reports.

Europe not interested in following Dubai killers' trails GENEVA: A killer — or killers — may be on the loose in Europe after a Hamas operative was slain last month in Dubai. European nations, however, seem to be in no rush to find him, her or them.

Dubai, Britain probe Israelis over Hamas murder (AFP)

Quake death toll rises as rescuers dig though rubble amid more aftershocks Times Online - The death toll in Chile's earthquake rose to more than 700 last night as rescue workers battled to find survivors trapped in the wreckage and powerful aftershocks battered the country.

Third of All U.S. Casualties in Eight-Year Afghan War Have Occurred Since Obama Ordered Escalation Edwin Mora | The 308 U.S. casualties in Afghanistan since then account for about a third of the total of 920 U.S. casualties in the eight-year war.

Arrested Terrorist Leader Exposes Extensive CIA Connections | Al Qaeda affiliate says his group was armed and assisted by U.S., Britain and israel, funded to keep u.s., brit, israeli wet dreams alive. CIA inspector general was ‘bothered’ by ‘excessive’ waterboarding

Leaked UN Documents Reveal Plan For “Green World Order” By 2012 Leaked policy documents reveal that the United Nations plans to create a “green world order” by 2012 which will be enforced by a structure of global governance and funded by a gargantuan $45 trillion transfer of wealth from richer countries, as the globalists’ insidious plan to centralize power, crush sovereignty while devastating the economy is exposed once again.

Paul Craig Roberts: US pushing for nuclear war; “leadership” treasonous for duping US into wars L.A. County Examiner | “The morons in Washington are pushing the envelope of nuclear war. The insane drive for already failed american hegemony threatens life on earth. The american people, by accepting the lies and deceptions of “their” government, are facilitating this outcome.”

Paul, Bernanke, Waxman and $12 Billion in Cash Squandered Kurt Nimmo | Not only does Mr. Bernanke need to apologize to Ron Paul, he also needs to tender his resignation … On February 24, Rep. Ron Paul asked Fed mob boss Ben Bernanke about $12 billion in cash. Paul said “a lot of cash was passed through — and a lot of people suppose it was passed through the Federal Reserve — when there was a provisional government [in Iraq] after the 2003 invasion. That money was not appropriated by the Congress as required by law.”… “In a 13 month period from May 2003 to June 2004, the Federal Reserve sent nearly $12 billion in cash, mainly in $100 bills from the United States to Iraq,” Waxman explained. “To do that, the Federal Reserve Bank in New York had to pack 281 million individual bills … onto wooden pallets to be shipped to Iraq. The cash weighed more than 363 tons and was loaded onto C-130 cargo planes to be flown into Baghdad.”… “The US flew nearly $12bn in shrink-wrapped $100 bills into Iraq, then distributed the cash with no proper control over who was receiving it and how it was being spent,” the Guardian reported on February 8, 2007 … Meanwhile, in the United States, the corporate media all but ignored the story and that is why it became the #13 story out of 25 selected by Project Censored in 2009 …

Detroit Mayor Bing emphasizes need to shrink city SOUNDS LIKE A PLAN … RIIIIIGHT!… Detroit News | Mayor Dave Bing said Wednesday he “absolutely” intends to relocate residents from desolate neighborhoods and is bracing for inevitable legal challenges when he unveils his DOWNSIZING plan.

U.S. economy is a shambles, with no improvement in sight Mass Layoffs by U.S. Manufacturers Surge in January Financial Advisory | The fact that there was an increase in mass layoffs shows there is a decline in demand for products; it’s as simple as that. U.S. New-Home Sales Drop 11.2% The Wall Street Journal | Economists surveyed by Dow Jones Newswires had estimated sales would rise 3.8%, to 355,000. “It’s Over” For US Economy: Buffett Partner Long-time business partner of Warren Buffett, Charlie Munger, writes in a new article for Slate.com that “it’s basically over” for the United States economy.

Economist With Financial Services Committee For Eleven Years, Assisting With Oversight of the Fed, Lends Support to Ron Paul’s Questions Today, Ron Paul accused the Federal Reserve of having a hand in nefarious plots such as Watergate and arming Saddam Hussein. House Financial Services Committee Chair Barney Frank said that the Committee should look into it.

Ron Paul on Tyranny in America Congressman Paul speaks on the floor about assassinations of Americans by their own government.

Paul, Bernanke, Waxman and $12 Billion in Cash Squandered Kurt Nimmo | Not only does Mr. Bernanke need to apologize to Ron Paul, he also needs to tender his resignation. The Road to Armageddon Paul Craig Roberts | The morons in Washington are pushing the envelope of nuclear war. Cryptome Case Reveals How Easy it is to Shut Down Websites Kurt Nimmo | Shutting down alternative websites will be a piece of cake after the next staged terror event. Citibank Controversy Puts Dubious FDIC Guarantee Back In The Spotlight | 7 day restriction on bank withdrawals could mean the difference between preserving or destroying your life savings as the U.S. dollar collapses.

Prominent Investor: Pound Could Collapse Within Weeks Billionaire financier Jim Rogers has predicted that the British Pound could completely collapse within weeks, sending shockwaves throughout the global economy and heralding the beginning of a downturn that would make the recent economic crisis look tame in comparison.

US offered Rigi ‘extensive aid’ for Iran attacks Press TV | The captured ringleader of the Jundallah terrorist group, Abdolmalek Rigi, has confessed that the US administration had assured him of unlimited military aid and funding for waging an insurgency against the Islamic Republic of Iran.

UN to urge israel to probe claims of Gaza war crimes Mossad 'factory' churned out fake Australian passports Stay out of Middle East affairs, Ahmadinejad tells Washington DAMASCUS: The United States should pack up and leave the Middle East and stay out of regional affairs, Iran’s president said on Thursday during a visit to Damascus that follows a string of US efforts to break up Syria’s 30-year alliance with Tehran.

DRUDGEREPORT: `Senator warns of 'financial meltdown' risk... Jobless claims up 12% in past 2 weeks...`
`China extends lead as top food producer...`
`'American influence waning'...`
`China postpones military exchanges with USA...`Snow-covered tree branch snaps, kills man walking in Central Park

New home sales fall to a record low Sales of new homes plunged to a record low in January, government figures showed Wednesday, as the weak economy and a glut of foreclosed homes continue to weigh on the market. Foundation for the Study of Cycles: Gold to $2,000 By Late 2011, While Dollar and Stocks will Sink U.S. economy is a shambles, with no improvement in sight Mass Layoffs by U.S. Manufacturers Surge in January Financial Advisory | The fact that there was an increase in mass layoffs shows there is a decline in demand for products; it’s as simple as that. U.S. New-Home Sales Drop 11.2% The Wall Street Journal | Economists surveyed by Dow Jones Newswires had estimated sales would rise 3.8%, to 355,000. “It’s Over” For US Economy: Buffett Partner Long-time business partner of Warren Buffett, Charlie Munger, writes in a new article for Slate.com that “it’s basically over” for the United States economy.

FDIC Hits Record “Default” Level As Deposit Insurance Fund Plunges By $12.7 Billion To NEGATIVE 20.9 Billion

Junk Debt ‘Wall’ to Trigger U.S. Defaults, Bank of America Says... High oil prices and much worse than expected news, ie., new home sales down 11.2%, etc, jawboning b.s. by bernanke as in last bubble crash and easy fraudulent wall street money, helps spur rally…riiiight!… Oil was especially strong. It finished 1.3% higher at $79.93 per barrel, despite a larger-than-expected build in weekly crude oil inventories

Weather and Economics: Why the Trends Favor Emerging Markets

http://finance.yahoo.com/news/Trading-the-Downside-Momentum-tm-4064551701.html?x=0&.v=1 ‘…The indecisive, range-bound chop of the preceding several days resolved itself yesterday, as the main stock market indexes made a decisive move. Unfortunately for the bulls, the break of the range was to the downside. A worse than expected Consumer Sentiment reading sparked a swift drop after the first thirty minutes of trading. Thereafter, stocks continued lower into mid-day, then found a bit of support in the afternoon. The Dow Jones Industrial Average lost 1.0%, the S&P 500 1.2%, and the Dow Jones Industrial Average 1.3%. The small-cap Rusell 2000 snapped its nine-day winning streak with a 1.1% decline. The S&P Midcap 400 shed 1.3%. All the major indices finished just off their lows of the session. Yesterday was the biggest average percentage decline in the broad market since February 4, one day before the recent "swing low" support levels were established…’

Goldman sachs man tiny tim geithner wants to gut rule Giving Regulators Leeway in Applying Volcker Rule Bloomberg | The U.S. Treasury Department wants to give regulators discretion to define proprietary trading. `'GOVERNMENT MOTORS' Pays Exec $3,000 an Hour!`

Google Italy, Home to Fascists, Mafia, and other Sordid Elements Including New Citizen the Corrupt Former FBI Director Louie Freeh, Ruling ‘Threat to Internet Freedom’ The ruling was the first of its kind in history and was condemned by critics as “the biggest threat to internet freedom we have seen”.

Brit Panel: ‘UK economy must face new world order’ Adrian Lowery | The British economy will never be the same again and boardrooms are refusing to accept the reality: that is the stark warning that came from a panel of experts.

Just when you thought they couldn’t get more preposterous! Neocons Say U.S. Embassy with Medieval Moat Will Prevent Attacks by “Londonistan” Terrorists Kurt Nimmo | If the new mega-embassy in London is at risk of terror attack by homegrown “Londonistan” terrorists, there is more than a good chance British intelligence will be in on the act. McCain’s Dietary Supplement Bill: An Attempt to Implement Codex Alimentarius – cancer sticken mccain can’t win for losing- how pathetic/preposterous Brandon Turbeville | The Dietary Supplement Safety Act of 2010 is an egregious attack on Americans’ freedom of choice. Two planes didn’t take twin towers down Russia Today | On 9/11, the world watched as two airplanes crashed into the twin towers of the world trade center, both of which collapsed shortly after.

Rational Russia, a true leader among nations with a rich history and future, warns West against “crippling” Iran sanctions

The IMF Destroys Iceland and Latvia | The International Monetary Fund operates primarily as a banker bailout machine. They cajole and threaten the leaders of governments worldwide to pay off the failed bets of the big bankers using the taxpayer funds of their countries.

EU officials call for international conference to discuss Palestinian state

Pretending We Are Not in a Depression We have been in that depression for about 18 months and there is no evidence that we will exit it. Top Fed Official Warns Jobs Will Be Scarce As ‘Paradigm Shift’ Slows Hiring Regulators report 27 percent jump in problem banks America Just Declared The Recovery Over So You’d Better Get Ready For The Double Dip

Budget Increases for Nuclear Weapons Production at the Expense of Social Programs Top Bush adviser defends using nuclear weapons on civilians Only 9% Say Most in Congress Interested in Helping People

DRUDGEREPORT: `WHAT BUDGET TROUBLES? OBAMA PLANS $1B BRIT EMBASSY`

`CONFIDENCE LOWEST SINCE '83...`
`Mass layoffs edge up...`
`FDIC reports 27% jump in problem banks...`
`States' tax collections fall again...`
`Weather helps freeze global recovery...`

`Transport strikes lay bare Europe's malaise...`
`Europe plans compulsory maternity leave for 20 weeks...`

`Gas prices to top $3...`

U.S. Afghan toll hits 1,000, blast kills yet another 7 civilians The number of U.S. troops killed in Afghanistan has reached 1,000, an independent website said on Tuesday, with deadly bombings in the south and east highlighting the struggle to stabilize the country. Fears of humanitarian crisis in Marjah AlJazeeraEnglish | More than a week into the Nato-Afghan military offensive in the southern Helmand province town of Marjah, warnings of a humanitarian crisis are growing. Argentina set to win new backing in Falklands row

Harvard Fellow calls for genocidal measure to curb Palestinian births A fellow at Harvard University’s Weatherhead Center for International Affairs, Martin Kramer, has called for “the West” to take measures to curb the births of Palestinians, a proposal that appears to meet the international legal definition of a call for genocide.

‘Dubai murder another act of israeli state terrorism’ Iranian Foreign Ministry Spokesman Ramin Mehmanparast has condemned the assassination of a top Hamas official in Dubai as another act of ‘Israeli state terrorism.’

Arabian leopard is alive ... and kicking

Faber: Don't Buy the Rally predicts the equity markets will end lower in 2010

Citigroup Warns Customers It May Refuse To Allow Withdrawals `Governors: Bad economies in states to worsen... Banks in CA, IL, FLa, TX are shut down...` Millions of Unemployed Face Years Without Jobs Redburn Partners On The Coming Gold War: “Gold Is Money And Nothing Else”

Flashback: Chaos in the Streets and Poverty Coming to the USA CNN Broadcasts Major Cyber War Game Propaganda Kurt Nimmo | Government insiders say the president needs more executive power to deal with a possible cyber attack.

Inflation is moving faster than it looks Inflation has returned, although you wouldn't know it from a glance at the behavior of the consumerprice... Death of U.S. capitalism: The final 10 scenes Do Main Street’s 95 million investors know something Warren Buffett’s long-time partner, Charlie Muger,…

Goldman Issues Press Release On Greek Swaps, Pours More Gas On PR Fire

No End to the Uncertainty …I did not watch the whole thing, but enough to know that the R’s, as in Republicans, have no idea what they are doing. Unfortunately, either do the D’s, as in Democrats, know what they are doing either. Both parties fail to take responsibility for their actions and neither party really understands the issues facing the country at this point in time…Regardless, it is clear that no matter who is in charge or making the decisions, options are becoming very limited and the outcomes are all looking the same. The best case scenario I foresee is massive inflation and dollar devaluation over a few years' time, and the best-case scenario is massive inflation and dollar devaluation.As I stated earlier, the only thing we can do is pay attention to what is going on and make the best decisions we can for ourselves and our families. I have several friends, smart people I might add with CFAsand MBAs, who are leaving the country or adhering to the guns, gold and God philosophy. I have honestly never seen such smart people head for the hills like this before. I am not in that camp, although I do love gold and precious metals, but they might just be right. However, it is possible, I guess, that all of this uncertainty will pass by and everything will be fine, but mathematically speaking, well, I give that a very low probability.

Bloomberg Highlights Homebuilder Stock Disconnect …Homebuilders were the year’s third-best performers among 134 industry groups in the S&P 500, according to data compiled by Bloomberg…We have to agree with Brian Belski, the Oppenheimer & Co. analyst quoted in the Bloomberg piece, who says that it will likely be quite some time before these builders return to profitability…

`Harry Reid Unleashed: 'Men, when they're out of work, tend to become abusive' … and coming just when you think he couldn’t say or do anything dumber than he already has…maybe he should try it, being out of work, so he could know for sure...`

Anointed Leader Of Conservative Movement Glenn Beck Now Believes In Global Warming The stunning duplicity of Fox News host Glenn Beck has been exposed once again after the talk show host told USA Weekend magazine that he now believes in man-made global warming, after years of assuring his viewers that he was on the side of skeptics who questioned the science behind AGW claims.

Obama Hits New Approval Rating Record Low – 22 Per Cent That matches yesterday’s result as the lowest level of strong approval yet recorded for this President. EclippTV | Bush’s wars are now Obama’s wars.

Hamid Karzai takes control of Afghanistan election watchdog The Afghan president, Hamid Karzai, has unilaterally taken control of the country’s top electoral watchdog, provoking outrage from western diplomats, the Guardian has learnt.

New York Times, dying and desperate for readership / ad revenues (the flow thru), Publishes Column By War Machine Employee Demanding US Stop Thinking About All The Innocent Afghans Killed And Ramp The F**k Up The Bombing A defence corporation employee demands the US blow more money terror bombing the civilian populace of Afghanistan.

israel, a nuke scofflaw, typically demands ignoring international law, u.s. resolutions, treaties, and also embargo on Iran oil, even without UN okay

James Traficant on Alex Jones TV: AIPAC Runs America’s Foreign Policy Infowars.com | Former Congressman James Traficant was railroaded and imprisoned for seven years after a tax battle with the IRS.

Iran Attack: It’s About Mass Murder, Not Nukes Kurt Nimmo | Bush Senior, Junior, and Clinton attacked Iraq’s civilian infrastructure. The coming attack on Iran will be no different. Report: Bush Lawyer Said President Could Order Civilians to Be ‘Massacred’

Nuclear Iran: Fueled by fear? Russia Today | The United States is not giving up its request for tougher sanctions on Iran.

Afghan Cabinet: NATO airstrike kills at least 33 (AP) - AP - The Afghan Cabinet says at least 33 civilians are dead as the result of NATO airstrike in southern Afghanistan — an incident that is inflaming already heightened sensitivities over noncombatant c... Afghan ministers voice anger as civilians killed in Nato airstrike More than 30 civilians were killed in a Nato airstrike in southern Afghanistan yesterday, sparking an angry response from the Afghan government.

`Progress slower than expected in Afghan offensive...` `US AIRSTRIKE FACES SCRUTINY FROM COALITION...` `American Casualties Nearly Double in 2010...`

LaJolla Bank among 4 closures 2010 toll rises to 20 banks.... True Unemployment Figure Reveals Recession Far From Over Simon Maierhofer Feb.19, 2010 ’…In reality, unemployment spiked to an all-time high of 18%. Yes, 18%! This is the official number reported by the Bureau of Labor Statistics (BLS).The BLS publishes different sets of data on a regular basis. The main focus tends to be on the U-3 unemployment rate (currently 9.7%, seasonally adjusted)… U-6 is as close to the real unemployment figure as government reporting gets. This number includes unemployed workers, plus discouraged workers, plus marginally attached workers, plus workers that are forced to work part-time because they are not able to find a full-time job. Put another way, it's the most realistic picture of today's job market as any. According to the Bureau of Labor Statistics, the number of U-6 unemployed workers is 18%…Keep in mind that neither of the above categories encompasses another important element of the labor force; 'unemployed self-employed' workers. If you're a handyman or contractor next door, or a small business owner who can't secure work, you are not included! Adding these folks to the mix would put the real unemployment number above 20%!…According to a report by global outplacement firm Challenger, Gray & Christmas, U.S. employers began the year 2010 by announcing 71,482 planned job cuts, the highest tally in five months…There has been a huge disconnect between what's happening on Wall Street and on Main Street...Crowd behavior of investors is largely driven by perception. The perception that stocks will continue to rise is starting to change, if it hasn't already. Soon investors will refocus on valuations to see if a stock is worth its price tag. It was the return to due diligence that pummeled stock prices throughout 2008. Interestingly, the 2008 declines were also preceded by extreme optimism and a feeling that stocks have nowhere to go but up. Historically, stocks are grossly overvalued and due for another major correction…’

…According to the Bureau of Labor Statistics, the number of U-6 unemployed workers is 18%…Keep in mind that neither of the above categories encompasses another important element of the labor force; 'unemployed self-employed' workers. If you're a handyman or contractor next door, or a small business owner who can't secure work, you are not included! Adding these folks to the mix would put the real unemployment number above 20%!…

Head Of Greek Debt Office Replaced By Former Goldman Investment Banker

Obama Admin rebrands (instead of ending) Iraq war: now ‘Operation New Dawn’ Chossudovsky: US will start WW3 by attacking Iran `NATO takes heavy casualties in Marjah; 6 soldiers die in one day in attack on Taliban insurgents...`

Evidence confirms Mossad involvement in Dubai hit Dubai says new evidence, including credit card payments and phone calls made by suspects, confirms the involvement of Israel’s spy agency in the recent assassination of a top Hamas official. Israeli fire wounds 6 Palestinians on Gaza border

Big Pharma researcher admits to faking dozens of research studies for Pfizer, Merck

Dubai calls for arrest of Mossad chief

Dubai wants head of Mossad arrested over Hamas assassination

Arabs would back Lebanon if attacked by Israel: Mussa (AFP)

`DRUDGEREPORT: WAL-MART suffers first sales decline...`
`Jobless claims rise... Wholesale inflation surges...`
`16.8% annual?`

`Buchanan: 'America faces a crisis of democracy'; Predicts a paralyzed gov't...`

Greeks lash out at Germany over debt crisis...

Jitters over China's waning taste for T-bills...

UPDATE: Duke lacrosse 'rape' accuser charged with attempted murder, arson...

British threat to Israel over Dubai Hamas murder...
Dubai says nearly '100 percent' Mossad...
Mossad stays mystery...
France demands Israel explain Dubai passport affair...
Interpol issues notice...

Dissension at the Fed - ‘…German hyperinflation is one classic and often-cited example, and with good reason. When I was named president of the Federal Reserve Bank of Kansas City in 1991, my 85-year old neighbor gave me a 500,000 Mark German note. He had been in Germany during its hyperinflation and told me that in 1921, the note would have bought a house. In 1923, it would not even buy a loaf of bread. He said, “I want you to have this note as a reminder. Your duty is to protect the value of the currency.” That note is framed and hanging in my office…’

End of Empire – Waking Zombie Nations Zero Hedge | Americans (and the rest of the world) appear to be frozen in place, seemingly helpless and hopeless in the face of incredible corruption and thieving.

Federal Reserve Begins To Withdraw $2.2 Trillion From American Economy Dale McFeatters Having pumped $2.2 trillion into the economy to fight the recession, the Fed must start pulling that money back. Credit card interest rates hit a 12-year high Daily Mail | Despite historically low Bank of England base rates, the average interest charged on a credit card has soared to 18.8 per cent – the highest level since 1998. China Dumping U.S. Treasuries AFP | China’s bond holdings dropped substantially to 755.4 billion dollars in the last month of December from 789.6 billion in November, said the Treasury’s international capital data report.

Forget trillions of currency units at stake, try quadrillions and… WMR has learned from sources inside “The Temple,” otherwise known as the Federal Reserve Bank, that the amount of money that is at risk worldwide is not in the trillions but the quadrillions.

Goldman Sachs, Greece Didn’t Disclose Swap, Investors ‘Fooled’ Goldman Sachs Group Inc. managed $15 billion of bond sales for Greece after arranging a currency swap that allowed the government to hide the extent of its deficit.

ABC Consumer Comfort Index Drops Again As “88% Of Respondents Think Economy Is Still In A Recession”

Will Obama’s Record War Budget Lead to a US Victory in Afghanistan? Don’t Bet On it! Global Research | President Barack Obama has increased the Pentagon’s perennially-bloated annual spending spree to its greatest magnitude since World War II $708 billion. Cheney Admits to Being War Criminal

Paul B. Farrell, MarketWatch Economic Doomsday is Here Market rallies on weak worthless Weimar dollar, higher oil prices, and news from ny fed, the one with $4 trillion missing / unaccounted for, NY, that now global hub of manufacturing activity, with stimulus-generated inventory increase (even if believed) and obfuscating source of cyclic up must come down as said inventories are unsold or unloaded … riiiiight! …Total bull s**t! … `FOREIGN DEMAND FOR U.S. BONDS IN RECORD DROP... Japan top holder...` `China wisely sells...`

The New Generation Leaving Ireland BusinessWeek | Some 170,000 jobs vanished last year, and the lack of employment is driving a generation away.

Max Keiser goes mad on US ‘toilet paper’ deals With the global economic climate still gloomy, what exactly are American financiers doing to tackle the problem? In 17 episode of the Keiser Report, Max Keiser gives a dramatic example of what’s going on in the banking sector and who is to blame.

The CIA and NSA Want You to Be Their Friend on Facebook Cryptogon | The EFF sued the CIA, the DoD, DoJ and three other government agencies on Tuesday for allegedly refusing to release information about how they are using social networks in surveillance and investigations. France leapfrogs past Australia in Big Brother stakes France yesterday put in its bid for an unlikely prize, becoming the first western country to make even Australia look liberal when it comes to state powers of internet censorship.

U.S. Government Abdicates Jim Davidson | The United States of America has abdicated government, placing us outside its protection, and is making war against us.

Google Bans DVD Critical Of Obama Administration Google has sensationally banned all sales through its shopping merchant of a DVD critical of the Obama administration under the terms of its program policy which bars any material deemed to be “advocating against a protected group”. Apparently, Google considers the government to be a “protected group,” and immune from criticism. Beck On POW Captured in Pakistan: “Just Shoot Him in the Head” Kurt Nimmo | During a segment of Fox and Friends, Glenn Beck was a little confused on the facts. Olbermann, Corporate Media Only Scratch Surface On Not Capturing Osama bin Laden Kurt Nimmo | The neocons had no intention of brokering a deal in with the Taliban in exchange for Osama.

Keith Olbermann blames Bush, Cheney for 9/11 attacks

Obama Is Being Blackmailed Into Attacking Iran Establishment media talking points from every direction strongly indicate that a false flag attempt on President Obama’s life is being considered, to be blamed on patsies from either the “extreme” right or left, in order to silence dissent in America and blackmail Obama into launching a military assault on Iran.

Any military action against Iran will have negative consequences for entire world PanARMENIAN.Net | Any military action against Iran will explode the situation, will have extremely negative consequences for the entire world, including for Russia, which is a neighbor of Iran.

Iran allegedly sponsors terrorism: Clinton – even as america is actually engaged in killed innocent men, women, and children

Israel mulling a spring or summer war: Ahmadinejad President Mahmoud Ahmadinejad said on Tuesday that Iran’s arch-foe Israel was mulling starting a war “next spring or summer” but has yet to make a final decision.

DRUDGEREPORT: `Greece loses EU voting power in blow to sovereignty...`
`South Carolina Lawmaker Seeks to Ban Federal Currency...`
`Economists Predict Cutbacks, Tax Increases That 'Aren't Even Imaginable'...`
`Merkel hits out at banks over Greek deals... Biden: 'Washington right now is broken'...`

`CNN SHOCK POLL: MAJORITY SAY OBAMA DOESN'T DESERVE 2ND TERM'Alarming' homelessness under Obama... CONGRESS INCUMBENTS HIT HISTORIC LOWS IN POLLS...`

`Lone voice warns of debt threat to Fed...`

`FOREIGN DEMAND FOR U.S. BONDS IN RECORD DROP... Japan top holder...`
`China sells...`

Are Lebanon and Israel Headed for War? ABC News | Conflict with Israel is looming. It’s just a matter of when.

Iran leader accuses US of "war-mongering"

Israelis convinced: Mossad behind Dubai hit (AP) Terror of innocent Britons named as assassins: Why choose us, ask men whose identities were stolen by ‘Mossad’ hit squad Six innocent Britons thrust into the centre of an international murder plot have told how they are in fear for their lives. Shadowy and deadly – the long arm of the Mossad Israel’s Mossad secret service, more formally known as the Institute for Espionage and Special Tasks, has a long history of carrying out clandestine operations, including several spectacular assassinations. Brown wants probe as Israel denies role in Hamas murder

Kiss That V-Shaped Recovery Good-Bye: The U.S. "Worse Than Greece," Says Economist White House Projects Long-Term Mass Unemployment Global Research | The White House Council of Economic Advisers released its Economic Report to the President on Thursday which shows that the White House is expecting mass unemployment to continue for years.

Paul B. Farrell, MarketWatch: … This is what I see, a steady stream of warnings that also reveals why most investors focus mainly on short-term "solutions," why you tune out long-term "solutions," and why the Debt-Bomb Explosion moves inexorably closer. Listen closely:

1. Trillions in debt: Minneapolis billboard, a grinning George W. Bush. Caption: "Miss me yet?" He never left. His short-term Reaganomic solutions still haunt us taxpayers. Trillions in debt. But worse: Millions have forgotten his tragic legacy.

2. Wall Street reforms dying: Then a BusinessWeek review of Boston University. economist Larry Kotlikoff's new book "Jimmy Stewart is Dead: Ending the World's Ongoing Financial Plague with Limited Purpose Banking." He argues for radical financial reforms, warning that Obama's in Wall Street's pocket, "putting a Band-Aid on cancer." Earlier in "The Coming Generational Storm: What You need to Know about America's economic future" we heard his long-term warnings of the coming collapse of Medicare and Social Security. No one listened then either.

3. Obama approves Fat-Cat bonuses: Former IMF economist Simon Johnson warns: Obama "Still Doesn't Get It." Bloomberg reports: When asked about J.P. Morgan Chase boss Jamie Dimon's $17 million bonus and the $9 million for Goldman Sachs CEO Lloyd Blankfein, Obama said: "I know both, savvy businessmen. Like most Americans, I don't begrudge people success or wealth." They're not "people."

4. Class warfare ahead: Next, more proof Obama really "doesn't get it:" Only 4% of folks making over $100,000 fit the new Northwestern University study of unemployment. In contrast, Americans in the bottom fifth suffer most, 37%-50% are underemployed. Warning: This widening wealth gap is more dangerous than terrorist's threats.

5. Doomsday clock's ticking: Then, comments from Barron's about Hong Kong economist Marc Faber's warning: "Zero Hour, America's debt is junk." Listening to Faber's "DoomBoomGloom.com" messages you can even hear the countdown tick, tick, ticking till the "Debt-Bomb Explosion." Till the third Wall Street meltdown of the 21st century. The "Great Depression II." Till Palin and the "Tea Party of No" not only advocate a new "American Revolution," but trigger one ... Tick, tick, tick ...

6. The warnings are relentless: USA Today says Wall Street's "bastardizing ETFs," creating a "treacherous" casino extracting more fee and commission revenues.

7. Next, a Bloomberg-BusinessWeek headline: "Wall Street's New Flight to Risk" about leveraging the Fed's cheap money in "exotic bonds."

8. Then Atlantic warns: America's $1.7 trillion commercial real estate bubble is "about to meltdown."

9. And The Economist warns: "New dangers for the world economy: When the crisis started, governments helped save the world economy. Now they are the problem." We hear those same fears from TARP's watchdog: The "government bailout has increased the risk of deeper economic crisis."

10. And Foreign Policy magazine predicts: By 2040 China's GDP will explode to $123 trillion (three times America's), but China's central bank is already doing what Bernanke won't, increasing bank reserves to dampen a bubble, another show of their growing power.

Goldman Sachs accused of rigging tax vote News.com.au | A bank has been accused of rigging a public vote on whether the City should pay a levy on its wheeler-dealing. U.S. Economic Terrorism the New Terrorist Threat Bullion Bulls Canada | For their “main course”, the Oligarchs have moved up to destroying nations.

Ron Paul Discusses The Greece Bailout Greece is a warning of what is yet to come. Leading Austrian Economist: Some Conspiracy Theories Are True Many people are starting to appreciate the Austrian school of economics, and its recognition that unrestrained bubbles lead to economic crashes. Wall St. Helped to Mask Debt Fueling Europe’s Crisis Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro by enabling European governments to hide their mounting debts.

Trouble Brews In Commercial Real Estate Ferguson: America's Coming Greek-Style Crisis Fraudulent wall St. Helped Greece for a Price to Mask Debt Fueling Europe's Crisis Over the past three or four years a strange phenomenon has developed in the global investment markets. With some exceptions, many asset classes, in particular domestic and foreign equities, commodities, and foreign currencies have tended to move in the same direction on a day to day basis. The mega-correlation has lasted so long that most now take it for granted.

Goldman Sachs: 5 Trends That Will Result in a Weak Recovery The latest from Goldman’s Chief Economist, Jan Hatzius, is not exactly a ringing endorsement of the stock market. Hatzius says the recovery is likely to continue to be very slow and that unemployment is likely to spike higher in the near-term accompanied by little to no inflation. Hatzius claims that the second half recovery in 2009 was entirely driven by the stimulus and inventory restocking. In other words, it is nothing to get excited about as neither are sustainable trends.

What concerns Hatzius most going forward are 5 continuing negative trends:

Continued saving by households
Weak labor income
Fiscal drag from states and local governments
Vacant homes and unused industrial capacity resulting in low private sector investment
Limited credit availability

Although the labor markets are showing signs of improvement in recent weeks Hatzius sees a continuing “jobless recovery” and persistent weakness into 2011. He is calling for a climb in the unemployment rate from the current level of 9.7% to 10.5%. He continues to believe inflation will remain well below trend and that the Fed is on hold for the remainder of 2010 AND 2011.

Based on this data Goldman is now calling for just 1.5% growth in GDP in the second half of 2010.

Obama Breaks Yet Another Key Campaign Promise The Goal of Modern Propaganda: Mythocracy Cindy Sheehan | The the myth is that there is a difference between an elected Democrat and an elected Republican.

Obama waging economic warfare on several fronts, including Japan The Obama administration has expanded its economic warfare against other countries, first reported on January 18 by WMR in the case of an authorized financial campaign against Venezuela.

US missiles kill 12 in Pakistan MARJAH, Afghanistan - Two US rockets slammed into a home Sunday outside the southern Taleban stronghold of Marjah, killing 12 civilians after Afghanistan's president appealed to NATO to take care to avoid non-combatant casualties in its campaign to seize the town.

Obama Signs Law Raising Public Debt Limit from $12.4 Trillion to $14.3 Trillion ABC News | Behind closed doors and with no cameras present, President Obama signed into law Friday afternoon the bill raising the public debt limit from $12.394 trillion to $14.294 trillion.

Latest Scam of Taxpayer Dollars- Spying for Dollars: Military Contractors and Security Firms Reap Huge Profits - For Nothing- What Intelligence? Tom Burghardt | A new report published by the Government Accountability Office (GAO) in January found, “Many of the top 29 U.S. publicly traded defense contractors–those with $1 billion or more in DOD contracts in fiscal year 2008–have created offshore subsidiaries to facilitate global operations.

Collapse of the euro is ‘inevitable’ Mail Online | The European single currency is facing an ‘inevitable break-up’ a leading French bank claimed yesterday.

New 9/11 photos ‘prove WTC exploded from inside’ New picture releases are shedding light on September 11th, some say they prove that the assault on America proves a homegrown attack.

A Familiar Pattern: “Anarchists” Disrupt Peaceful Protest in Vancouver Kurt Nimmo | Despite draconian speech restrictions and the interrogation of activists by police, anarchists slipped through the police state net and were allowed to destroy property.

Tiger's ancient ancestry revealed As the Chinese Year of the Tiger begins, scientists say the world's biggest cat may be more ancient and unique than we thought.

Cat Vs. Robot Arm: Place Your Bets! [Robots] Blub10 01:50 AM Why do we always have videos where the cat always wins? Is there something wrong within the robot world? Its all, take over the world, kill man, make man into source or electricity. Cat? Whats a cat? 4th_Dimension 10:31 AM Mean right hook on that cat. AreWeThereYeti 01:28 AM The look on that cat's face gives me the willies. "Hm, what are you? Can I eat you? I shall defer your death for several moments of study...." Nathan Obbards 02/12/10 One day, when the robots rise up, those of us with cats will be grateful that we weren't dog people, for it is cats who shall be our saviors. Curves 02/12/10 Do not f#ck with a feline. You will not win.

Utah legislates against ‘climate alarmists’: Just a ruse to control population London Guardian | Utah’s House of Representatives passed a resolution condemning “climate alarmists” by 56-17. Resentative Mike Noel said environmentalists were part of a vast conspiracy to control world population through forced sterilisation and abortion.

Climategate U-turn as scientist at centre of row admits: There has been no global warming since 1995 The academic at the centre of the ‘Climategate’ affair, whose raw data is crucial to the theory of climate change, has admitted that he has trouble ‘keeping track’ of the information. World may not be warming, say scientists The United Nations climate panel faces a new challenge with scientists casting doubt on its claim that global temperatures are rising inexorably because of human pollution. U.N. climate panel admits Dutch sea level flaw The U.N. panel of climate experts overstated how much of the Netherlands is below sea level, according to a preliminary report on Saturday, admitting yet another flaw after a row last month over Himalayan glacier melt.

Paul Craig Roberts: The U.S. is a Police State Russia Today | The US now has a list of Americans that it can murder abroad Obama Declares He Will Rule by Authoritarian Decree Kurt Nimmo | Obama will continue the process of rule by decree established by his predecessors and put the finishing touches on a fascist state. `BIG SIS Monitoring DRUDGE, Web Sites for 'Terror and Disaster Info'…they have nothing better to do for the wasteful, extravagant amounts they’re paid…and of course, results are neither expected nor trackable… and misguided except they are designed to have a chilling effect on the first amendment...`

Secession in the Air Patrick J. Buchanan | Looking back in American history, these ideas, these sentiments, decried as insane inside the Beltway, were once as American as “The Midnight Ride of Paul Revere.”

The following should come as no surprise since the failed news magazines, ie., time, newsweek, etc., know their bread was buttered with status quo censorship Newsweek: Powerful People Do Bad Things? “Too Silly To Discuss” Newsweek has published what undoubtedly amounts to the most feeble, sophomoric, and embarrassing hit piece ever written, penned by an intern fresh out of college who pathetically attempts to dismiss manifestly provable conspiracies with one sentence throwaway jibes that sound like the fodder of an immature and misinformed middle school debate team.

Thirty-six predictions for the world: 2010 – 2012 (net link)

European Hit Squad Accused of Assassinating Hamas Man BBC | Police in Dubai are to issue arrest warrants for 11 “agents with European passports” suspected of assassinating a top Hamas official last month. NATO Kills 12 plus another 5 Civilians in Afghanistan Reuters | U.S. Marines came under intense fire in the heart of Marjah as they sought to root out pockets of freedom fighters.

Thirty-six predictions for the world: 2010 – 2012 (albertpeia.com link)

`DRUDGEREPORT: BIG SIS: TSA makes disabled boy, 4, take off leg braces...`

`After Obama's first year, Saudis fret over policy trend...`

`Wisconsin Billboard Calls for Obama's Ouster...`

`Biden: Iraq war WASN'T worth 'horrible price'...`

US missiles kill 12 Civilians in Pakistan

THE GREAT CLIMATE CHANGE RETREAT!

clinton: Iran is becoming a military dictatorship…riiiiight! well coming from criminal america she would know about defacto military dictatorships since america is defacto one already… I mean, contriving wars even as america’s defacto bankrupt… I personally believe there has been a defacto coup d’etat in america which has manifested in various substantial, blatant, brazened frauds, ie., wall street, missing 360 tons of $100 bills in Iraq, war profiteering, etc., without any fear of prosecution, and of course concomitant decline for u.s. as the treasury is looted. america is defacto bankrupt! (AP)

Iran a Military Dictatorship? Clinton Ignores U.S. Role in Making It So Kurt Nimmo | Left unsaid is the fact the U.S. has sponsored covert terrorist acts inside Iran for years.

US media omission: Iran calls for global nuclear disarmament The American public has not been informed by the US news media about highly newsworthy statements made by Iranian President Mahmoud Ahmadinejad on Friday February 12.

Ferguson and Faber: Sovereign Debt Crisis Will Spread World-Wide, U.S. Debt Is Unsafe Washington’s Blog | Niall Ferguson slams the prevailing Keynesian consensus, and says that the sovereign debt crisis in Greece will spread to America. Sovereign Debt Crisis Will Spread World-Wide, U.S. Debt Is Unsafe In a must-read essay, Niall Ferguson says that the sovereign debt crisis in Greece will spread to America.

EU's backing of Greece, dollar weakening data boost Wall Street (Reuters) Riiiiight!…Weaker dollar / higher oil price rally on fraudulent wall street…inflation at work as it takes more Weimar dollars to buy those Weimar pieces of paper called american securities…sounds like a plan, however irrational…and a great b.s. talking point that makes no sense whatsoever…then there’s that Greecey story ‘(Yahoo) …European Union finally stepped forward to officially announce that financial assistance will be made available to Greece. No specific plan was provided…’ …right! …the non-plan … perfect for wall street b.s. talking points. But, just in … Moral support but no money, EU says to Greece (AP)

Intelligence ties between UK and US in jeopardy; yet, UK should regard this as no substantial loss since u.s. intelligence has been revealed as far less than intelligent, and more often than not irrationally geared in self-fulfilling fashion to create events that have proven to be detrimental if not disasterous (AP)

AP Interview: Shah's son: Help Iran's reformers … riiiiight! … that champion / u.s. beacon of liberty, truth, and justice ,,, the shah (AP)

Ahmadinejad Announces Iran Is Now a ‘Nuclear State’ “When we say we do not manufacture the bomb, we mean it, and we do not believe in manufacturing a bomb,” he told the crowd. “If we wanted to manufacture a bomb we would announce it.”

Iran says capable of enriching uranium to bomb-grade purity TEHRAN: Iranian security forces clashed with protesters and arrested dozens on Thursday, opposition websites said, while vast crowds rallied in support of the government on the 31st anniversary of ...

EU Parliament rejects bank data deal with US

US and Afghan troops ring Taliban stronghold … riiiiight! … sounds like another plan! … for victory … like smelling napalm in the morning … or depleted uranium … where’s that lonesome dove Robert Duvall (AP)

DRUDGEREPORT: EU SPLIT: Merkel dashes Greek hopes of economic rescue bid...

CNN commentator wants Obama to go 'gangsta'...
Open to tax hikes on middle class...

NYT: THE BLIZZARDS ARE FROM THE WARMING...

DALLAS WAKES UP TO SNOW...

US disappointed at torture ruling The White House expresses "deep disappointment" at a court ruling to reveal details of the torture of a UK resident. Appeal by China dissident Liu Xiaobo rejected which is the pattern of court corruption that the united states employs in such instances and that China shouldn’t follow the corrupt u.s. way. `UK govt forced to publish U.S. torture documentations... Keith Weir and Michael Holden LONDON Wed Feb 10, 2010 7:07pm EST LONDON (Reuters) - The British government lost a legal battle Wednesday to prevent the disclosure of secret U.S. intelligence material relating to allegations of "cruel and inhuman" treatment involving the CIA.` British court acknowledges CIA tortured terror suspect if held under British, International, or meaningfully lawless u.s. law A former Guantanamo Bay inmate was effectively tortured by US authorities while in CIA custody in Pakistan, according to intelligence notes released Wednesday by a British court. MI5 knew Guantanamo detainee Binyam Mohamed was being tortured MI5 knew that Binyam Mohamed, the former Guantanamo detainee, was being tortured by the CIA, a Court of Appeal judgment has revealed.

Hariri sees war threats from IsraelAgencies BEIRUT: Lebanon’s prime minister voiced concern on Wednesday about “escalating” Israeli war threats, and said his government will support Hezbollah if a new war breaks out with the...

Iran rejects US offer as ‘not logical since they should start with not what Iran might do but with what israel is already illegally doing’

DRUDGEREPORT: MOST SNOW ON RECORD IN DC... BLIZZARD NEW YORK CITY.. ALL WASHINGTON AIRPORTS CLOSED TOMORROW? Mayor under fire... Snowiest Winter in Philly's History... Watches/Warnings... RADAR... Snowstorm shatters local records in Chicago... It's official: Baltimore Snow Record! Senate global warming hearing cancelled... Legislation buried under record snowfall in capital... Feds Warn: Snow Costs Taxpayers $100 Million A Day... Washington Builds a Snow Mountain... Dog Mugged, Doggie Coat Missing... Left shivering in the buff...

`OBAMA HITS POLL LOW: ONLY 44% APPROVE... Will 80 Million Baby Boomers Bankrupt Social Security? Wall Street hammered, Dow closes below 10,000...` `RFK, Jr. 15 months ago: Global warming means no snow or cold in DC... ICE AGE: WEST WING NEARLY BURIED IN SNOW... 'The great global warming collapse'... Blizzard Rearranges Announcement of Feds New Global Warming Office... CLIMATE SCANDAL PROFESSOR: I THOUGHT OF KILLING MYSELF...`

THE FORECASTS:

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

Russell Napier is the author of the book “Anatomy of the Bear”, a professor at the Edinburgh Business School and a consultant to CLSA Ltd. which is one of the top research houses in Asia. Napier’s research indicates (and I paraphrase) that:
The S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800)
The S&P 500 will then undergo a major crash that will see U.S. equity prices bottom at almost 50% below current levels (i.e. to 400 or less; the Dow 30 to 3800 or less) sometime around 2014 as Tobin’s “q” drops to 0.3 signaling the end of the bear market, as it has done at the end of the four largest U.S. market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve Currency

Exposed: Naked Body Scanner Images Of Film Star Printed, Circulated By Airport Staff

Moscow says U.S. missile shield aimed at Russia

China PLA officers urge economic punch against U.S.

Euro zone debt worries sink Dow below 10,000 (Reuters) Fraudulent wall street dredges up memories of Rosanne Rosanadana of Saturday Night Live fame and says essentially: It’s always something! But not the something they say. How ‘bout this something: The Bankruptcy of the United States is Now Certain It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt …And this something: …S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ in the last (real) analysis, there has been absolutely no rationally based reason for the overvalued bubble yet again for the wall street frauds and insiders to commission and sell into (don’t forget the legislative ‘mark to anything’ change in FASB accounting rules which like conditioned Pavlov’s dogs sent congressional hearts soaring along with inflated stock prices). SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! It Is Now Mathematically Impossible To Pay Off The U.S. National Debt The Economic Collapse | We will be in perpetual debt for as long as the Federal Reserve system exists. MOODY'S warns US of credit rating fears...

Rash of retirements pushes Social Security to brink | Social Security’s annual surplus nearly evaporated in 2009 for the first time in 25 years as the recession led hundreds of thousands of workers to retire or claim disability.

Pressure grows to use bingo as revenue source Whoe! Sounds like a plan! Riiiiight!

Tea Party Sarah is a Neocon Kurt Nimmo | Sarah Palin is a thinly disguised Trojan Horse for the neocon Republican party… Are you sure you got that right? I’d say Trojan Horse for the neocon Democratic party. I mean, come on! She’s so incredibly, and embarrassingly dumb! She is the joke that keeps on giving! More importantly, she’s just the type to press the button if there was anyone so foolish to do so. Beginning Of The End: Sarah Palin Hijacks The Tea Party Movement A.C. Kleinheider | Sarah Palin didn’t give a tea party speech last night. She gave a partisan Republican address. Palin the Birdbrain: War with Iran would help Obama’s re-election … Sounds like a plan…riiiiight!

Frightening Taste Of Internet Censorship As Major Free Speech Websites Blocked Webster Tarpley On The Draconian Internet Takeover Webster Tarpley discusses Google’s announcement that it will tighten its relationship with the NSA and how this is another leap forward in the agenda to take over and regulate the free Internet under the cover of fighting foreign cyber spies in China and Russia. Internet Censorship: Major Truth-Providing Websites Blocked By Asia Netcom To New Zealand Users Has Chinese-style internet censorship arrived in New Zealand this year? The question is posed because two major news websites, Infowars.com and Prisonplanet.com, both of which are run by documentary maker and radio show host Alex Jones. FBI wants records kept of Web sites visited The FBI is pressing Internet service providers to record which Web sites customers visit and retain those logs for two years, a requirement that law enforcement believes could help it in investigations of child pornography and other serious crimes. Actor Hal Sparks Speaks Out In Support of 9/11 Truth Well known actor Hal Sparks has voiced his doubts on the official government story regarding the events of 9/11, adding that he supports the views and actions of the 9/11 Truth movement. The Government Has Your Baby’s DNA Many parents don’t realize their baby’s DNA is being stored in a government lab, but sometimes when they find out, as the Browns did, they take action.

FBI wants records kept of Web sites visited Declan McCullagh | FBI Director Robert Mueller supports storing Internet users’ “origin and destination information.” What truth about criminal america do they know and when did they know it … that’s their main concern … don’t ever trust your life to them … you’ll at once be disappointed and sorry ... They’re so paranoid… and criminally incompetent … they’re america... riiiiight! Here’s some reality from direct observation and experience (and don’t forget, there have been NO prosecutions in the multi-trillion dollar securities fraud so arbitrarily but selectively do they “enforce” the law, ie., Martha Stewart, etc., …) [http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]. america’s just a fraudulent and failed defacto bankrupt nation in every way.

Think Government Is Corrupt? You May Face 10 Years In Jail Subversives who think government is corrupt and should be controlled by the people face 10 years in prison and a $25,000 dollar fine if they fail to register with authorities in South Carolina, in another chilling example of how free speech and dissent is being criminalized in America. Huckabee “Absolutely” Backs Drive to Bomb Iran Kurt Nimmo | Is Mike Huckabee really a psychopath or is he simply sucking up to the neocons? I’d say psychopath and highly motivated politician which combination costs this nation and the world mightily. Think Government Is Corrupt? You May Face 10 Years In Jail

Jesse Ventura exposes government’s ‘dirty’ lies in new book ‘American Conspiracies’

Russia Today About U.S. Plan to Build a Cyber Security Army Russia Today | On Thursday, the U.S. House overwhelmingly passed The Cybersecurity Enhancement Act (H.R. 4061).

Frightening Taste Of Internet Censorship As Major Free Speech Websites Blocked With influential proponents recently calling for a newly regulated world wide web, we got a preview of how that might look this past weekend after both Infowars.com and Prison Planet.com were completely blocked to many Internet users in New Zealand.

The admission by Director of National Intelligence Dennis Blair that the United States intelligence community is authorized to assassinate Americans working with terrorists overseas has raised serious questions of constitutionality. US Steps Up Its Anti-Iran Propaganda To Sell Missile Shield The US has begun using it’s anti-Iran propaganda to justify its decision to deploy a missile shield in Europe. Pentagon draws plans for immortal ’synthetic organisms’ The Pentagon’s advanced research division has set aside $6 million from its next budget for research on the creation of “synthetic organisms” whose DNA can be altered to make them live forever, or die on command, and even keep a genetic record of what they have been doing.

The Next Absurd Terror Ruse: Muslim Women with Exploding Breasts Kurt Nimmo | Another calculated foray by the neocons to demonize Muslims and set the stage for more mass murder and carnage.

U.S. Counterterrorism Officials Insisted that Crotch Bomber Be Let Into Country Washington’s Blog | Kennedy told the House Committee on Homeland Security that intelligence agencies blocked revocation of Abdulmutallab’s visa because it would have foiled a “larger investigation” into Al Qaeda. Just when you think you’ve heard it all! And, what if the bomber had succeeded as he almost did. Riiiiight! Washington wet dreams come true.

The Reign of Terror Continues in Iraq - american change you can believe in…riiiiight! Iran says CIA agents arrested ahead of Feb. 11 rally Press TV | Iran said Saturday it arrested seven people, including two Central Intelligence Agency (CIA) operatives, who planned to stoke unrest and violence on a march scheduled for February 11.

China demands cold war on the US MORE than half of Chinese people questioned in a poll believe China and America are heading for a new “cold war”.

White Cliffs of Dover to be sold to the French to help reduce Government’s debt For generations Dover has stood as an indomitable symbol of Britain’s freedom and independence.

Handshake not acquiescence to Israeli stance: Prince Turki Editorial: Undiplomatic talk In their long history of back and forths, rarely has Israel taken such a swipe at Syria. For the Israeli Foreign Minister Avigdor Lieberman to comment that Syrian troops would be trounced in any war...

Food stamps set ever-higher record-32.8 million people...8.4 Million Jobs Lost in Recession Dow Jones | The Labor Department’s annual benchmark revision to the survey that produces the monthly payroll report painted a bleaker 2009 picture…The January monthly report showed that 20,000 nonfarm jobs were lost in January, worse than the consensus expectation for a gain of 15,000 jobs…Colas…”when they didn’t follow through on the sell off today through midday, I think that caught people’s attention and was perhaps somewhat of a catalyst for a short covering rally into the close.”

The following echoes my own sentiments: DAVE'S DAILY By Dave Fry, founder and publisher of ETF Digest and author of the best-selling book Create Your Own ETF Hedge Fund. February 5, 2010 ‘LYING WITH STATISTICS In college statistics class the professor gave us a book with aforementioned title. It was impressive seeing how folks can mislead with numbers. It's something we see everyday especially from the government. Pushing a lot of unemployment (seasonal adjustments) into old data might make future reports better right? But it's misleading. Putting up an unemployment rate that's better than expected (especially with high continuing Jobless Claims) is just a function of how many unemployed people are dropping off the rolls (birth/death model)[and “stopped looking”]. It's just more manipulative BS. The markets were wallowing in red most of the day immersed in worries about jobs and troubles in Europe. But, markets reversed course led by a late round of buy programs beginning around 3 PM. Who would launch such an effort? Any number of trading desks, hedge funds and even our own government will stop at nothing nowadays to manipulate everything. You can't make this stuff up frankly’.

Cat owners are really top dogs for brains. Need they even have asked a question with so obvious an answer?…According to a scientific study, cat owners tend to be cleverer than their dog-loving counterparts… As if a study was even necessary to know this glaring fact / truth!

Alito objected to Obama's history claim (AP) I’d say this alito vs. wobama is a tempest in a teapot inasmuch as alito is more than just a lightweight, hack, liar, fraud etc., as set forth in the comments. alito is a criminal who should have served / should be serving time in prison for obstruction of justice, bribery, among other RICO violations. To alito, drug money is as green as corporate money and worth his vote as well. In addition to being an inept [I looked in on the one mob case he had brought, bungled, lost (accidently on purpose?) since I was suing some mob-connected under RICO and the court (I had known / previously met outside of court the judge Ackerman through a client) was absolute bedlam and a total joke since incompetent corrupt alito brought in all 20 mob defendants (rather prosecute one or a few to flip them first) who feigning illness had beds/cots in the courtroom along with their moans during testimony and had the jury in stitches)] and corrupt (see below and particularly the summary provided to the FBI under penalty of perjury [http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ] ) u.s. attorney.

You’re naïve to think that the so-called supreme court is any different from the rest of the meaningfully lawless and pervasively corrupt american ‘system’. I knew well an accomplished trial lawyer, fellow american college of trial lawyers / and a bar examiner, who pondered from time to time becoming a judge “so he’d never have to work again” – his words.

Some comments on alito…all appropriate:

Probably the worst appointment in one hundred years.

Posted by: mnjam

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

Really? That's a pretty sweeping statement to make about someone who's only been on the court a short few years.

And I thought that liberals were in universal agreement that Clarence Thomas was the worst appointment in all of history?

Posted by: blert | January 28, 2010 2:11 AM | Report abuse
----------------------------
Yes. Really. Alito is a total lightweight and hack. He makes Thomas look like John Marshall or Oliver Wendell Holmes. I KNOW ALITO.
Posted by: mnjam | January 28, 2010 2:24 AM |

the loser here is alito.lost his composure not good for a judge especially afederal or supreme justice .loser big time this will live with guy for a very time.roberts and the other justices will have a talk with him that is a given.this relly larger than o one day news cycle.
Posted by: donaldtucker | January 28, 2010 1:12 AM |

Should Alito resign or be impeached?
Posted by: jdmca | January 28, 2010 1:05 AM |

Manchurian Candidates: Supreme Court allows China and others unlimited spending in US elections Greg Palast | Our future elections may come down to a three-way battle between China, Saudi Arabia and Goldman Sachs. Call For Immediate Arrest of 5 Supreme Court Justices for Treason Gordon Duff | The bloated corpse we are creating in Washington is emitting a stench we can no longer abide. The aforesaid would be shocking to anyone without a modicum of knowledge of the reality of pervasive corruption within the u.s. courts themselves and america generally, including all tree branches of the u.s. government.

Corrupt u.s. courts / judges: Their lifetime plush appointments should be abolished, which corrupt entities are unheard of in productive societies as China, Japan, etc.. Time to abolish these drags on society and eliminate their lifetime stipends and corrupt costly bureaucracies.

In Turkey, girl buried alive for talking to boys The body of a 16-year-old Turkish girl has been discovered after being buried alive by relatives in an “honor” killing carried out as punishment for talking to boys.

Dubai may seek Israeli PM’s arrest over Hamas leader’s death

The Bankruptcy of the United States is Now Certain It Is Now Mathematically Impossible To Pay Off The U.S. National Debt The Economic Collapse | We will be in perpetual debt for as long as the Federal Reserve system exists. `MOODY'S warns US of credit rating fears...` Dow Tumbles 200+ Points Stocks slumped Thursday after a rise in weekly jobless claims sent an alarm ahead of the big monthly employment report which fraudulent wall street is trying to condition them to fudge / fraudulently report.

Next in Line for a Bailout: Social Security CNN Money | Don’t look now. But even as the bank bailout is winding down, another huge bailout is starting, this time for the Social Security system. Buffett Loses Last AAA Rating as S&P Cuts Berkshire Business Week | Warren Buffett’s Berkshire Hathaway Inc. was stripped of its last AAA credit rating by Standard & Poor’s after the billionaire investor agreed to buy railroad Burlington Northern Santa Fe Corp. The Bankruptcy of the United States is Now Certain Silverbearcafe | It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt.

bush gave orders to kill U.S. citizens abroad if suspected of “terrorist” links Raw Story | In a striking admission from the Obama Administration’s top intelligence officer, Director of National Intelligence Dennis Blair announced that the U.S. may target its own citizens abroad for death if it believes they are associated with terrorist groups. Intel Boss Blair: Government Plans to Kill Citizens

House Overwhelmingly Passes Cyber Security Bill Kurt Nimmo | The new law will create a mega-agency to hunt down “potential enemies” on the internet to feed their budget-busting, self-serving paranoia enabling in their own minds a spurious mindset that they’re doing something. President Obama cuts border security budget Examiner | While telling the American people that national security is a priority, President Obama submitted a 2011 budget proposal that includes cuts to U.S. border security.

Investigation Chief: Swine Flu Pandemic Was A Hoax Climategate spreads like an ozone hole Group Demands Google Stop Keeping Data Against Users’ Will

“Liberated” Iraq Imposes Draconian Media Censorship Battling what it says are broadcasts that incite sectarian violence, Iraq wants to impose new restrictions on the media that critics say could bring back draconian censorship last seen under Saddam Hussein. US soldiers and teenage girls killed in bombing near Pakistan school Three American soldiers were killed and two others injured today in a bomb attack that marked the first fatal Taliban ambush on the US military in Pakistan.

australia, former british penal colony, now surrogate, blocks Iran shipments israel expels detained Palestinian from West Bank to Gaza

DRUDGEREPORT: SEARCH SPY: GOOGLE TEAMS WITH NATIONAL SECURITY AGENCY...
Police want backdoor to Web users' private data...
EU blasts Sweden over failure to store data on people's phone calls, email...

MOODY'S warns US of credit rating fears...

Pennsylvania State Capital Mulls Bankruptcy as a Budget Option...
*Harrisburg on the brink...
Phoenix gives OK to 2% tax on food...

UN chief uncertain if 'credible' Gaza probes underway (AFP) Few Israeli soldiers charged in abuse cases: rights group (AFP) Israel FM warns Assad will lose power if Syria goes to war (AFP)

War, Budgets and Blind Ambition The american (so-called-I personally believe there are no elite people in this nation or any other, just varying degrees of criminality) elite’s unbounded, unquestioned, indeed unconscious sense of imperial entitlement and dominance — based ultimately on war, the threat of war and the profit from war — is one of the defining characteristics of america’s decline.

Petraeus says strike on Iran could spark nationalism A military strike on Iran could have the unintended consequence of stirring nationalist sentiment to the benefit of Tehran’s hard-line government, U.S. General David Petraeus told Reuters.

Israel pushing Middle East to war: Syria's Assad (Reuters) Hamas wants talks with US, Europe: Haniya (AFP) - AFP - Hamas is ready for dialogue with the international community, including the United States and European Union, the leader of the Palestinian Islamist movement Ismail Haniya told AFP.

Israel must "roll back" and end occupation: Fayyad (Reuters) Israeli officers get ’slap on wrist’ for white phosphorus use in Gaza Editorial: israel’s use of white phosphorus on civilians violates international law Israel launches air strikes in Gaza (Reuters)

Shocking stories of US tortures in Afghanistan Russia Today | In an exclusive interview to RT, Anand Gopal says Obama’s mission in Afghanistan is not much different from Bush’s in Iraq.

After test failure, US warns Iran over defensive missiles Press TV | Amid failure of the US long-range ballistic missile test over the Pacific Ocean, the Pentagon warns Iran continue to pursue long-range ballistic missiles. Israel threatens Iran with ‘heavy price’ Secret CIA-Mossad meeting, preparation for new war?

Israel must "roll back" and end occupation: Fayyad (Reuters) Israeli officers get ’slap on wrist’ for white phosphorus use in Gaza Israel launches air strikes in Gaza (Reuters)

Largest-ever federal payroll to hit 2.15 million employees... Air Force Academy Designates Outdoor Space for Pagan Worship... Unemployment rises in most metro areas...

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 …Last week we expressed caution that the risk sell-off that has characterized the month of January was at a tipping point. That point has been broken to the downside and we are now expecting a further unwinding of long risk positions, which should see stocks, commodities and the JPY-crosses (EUR/JPY, AUD/JPY, etc) extend recent declines more aggressively…

Privatize the Gains, Socialize the Losses Dr. Peter T Treadway | Our monetary system — including its domestic and international components — is broken. The Fed – Just One Giant Money Counterfeiter Swiss warn UBS bank could collapse

Obama seeks $33 billion for Afghanistan troop rise White House to paint grim fiscal picture: source The White House will predict a record budget deficit in the current fiscal year and more big shortfalls for the next decade in its upcoming budget proposal, a congressional source told Reuters on Sunday.

Lack of Cash To Threaten the Equity Rally Obama budget: Record spending, record deficit (AP)

Summers: ‘Statistical Recovery and Human Recession / Depression’ Wall Street Journal RIIIIIGHT! The distinction without a difference…sounds like a plan.

Barofsky’s Winding Road and Fast Car to Economic Disaster Kurt Nimmo | The international banksters now have a green light to proceed.

US is in ‘human recession,’ says Obama adviser Agencies DAVOS: President Barack Obama’s top economic adviser said Saturday the US is experiencing an economic recovery on paper but a “human recession”…riiiiight!…now who writes the papers and why the departure on paper from reality…lies of course!

Ratigan Calls Out Obama On Pushing The Big Tarp Lie MSNBC’s Dylan Ratigan exposes another lie on behalf of the Obama administration.

A Growing Share of Americans’ Income Comes from the Government Financial Armageddon | The share of income accounted for by transfer payments has jumped more than 200 percent. FDIC clocks 15 bank failures so far in 2010 `Roubini Calls Growth 'Dismal and Poor', Predicts Second-Half Slowdown...`

The Sharp Dressed Man Who Aided Mutallab Onto Flight 253 Was U.S. Government Agent Kurt Haskell | There have been so many lies from the U.S. Governemnt attempting to discredit my eyewitness account. They Don’t Own Shovels, Crowbars, or Even Gloves J. Speer-Williams | Homeland Security tells us that 80 percent of our 3,200 port terminals, nationwide, are now operated by foreign companies and countries. Poll: Americans pretty clueless about politics, world Raw Story | Americans’ ignorance about politics isn’t new, but the latest results from the Pew Poll suggest few are really paying attention. Enemies Of Free Speech Call For Internet Licensing Senate Burglary: CIA Domestic Black-op Team Arrested

Thousands protest in Tokyo against U.S. military presence in Japan

To gasps from the gallery, Blair said we should be proud of the war I’d say blair’s suffering a case of the ‘mad cow’; and that’s euphemistically speaking. Chilcot War Inquiry: We STILL think Blair lied, say 8 out of 10 Tony Blair has been dealt a devastating verdict on his appearance at the Iraq War Inquiry.

Editorial: Blair’s testimony Arab News The Chilcot inquiry into why Britain joined in the 2003 US invasion of Iraq may perhaps turn out to be the same sort of establishment whitewash as the three previous official investigations into more... Naked Body Scanning Now Compulsory at Britain’s Largest Airports Swiss warn UBS bank could collapse

NATO troops clash with Afghan alliesAsif Andalib | Reuters SALAR, Afghanistan: NATO troops clashed with their Afghan allies in a so-called “friendly fire” incident on Saturday, calling in airstrikes that killed four Afghan soldiers and stoked anger among villagers. ... sounds like a plan…for success…riiiiight!

Editorial: War crimes in Gaza Arab News The Feb. 5 deadline for the Palestine Authority and Israel to respond to allegations in the Goldstone Report that Israel committed war crimes and possible crimes against humanity during last year’s… Israeli forces declare West Bank area ‘closed’ Dubai sees Mossad hand in Al-Mabhouh’s assassination

THE COMING MARKET CRASH / CORRECTION S&P Issues a Warning on Japan’s Credit Rating `At Davos, Experts See Dip Ahead...` JANUARY 27, 2010 Experts See Another Global Dip Ahead Davos Attendees Pin Hopes on Emerging Economies, Saying Debt and Deficits Will Trouble U.S.; Sparring Over Bank Rules. THE TWILIGHT OF BEN BERNANKE'S FED Daryl Montgomery “In truth, Bernanke is one of the most incompetent leaders the Fed has ever had. He failed to see the Credit Crisis coming, he failed to react quickly when it did, and when he did he took questionable actions that benefited Wall Street at the expense of Main Street” as did Bernanke's associates, Tim Geithner and Henry Paulson, the current and former Treasury Secretaries, among and with the help of others Cramer pleads ‘Trust Bernanke’; the ‘Bavarian Illuminati, Trilateral Commission & Queen are not all bad’

IN THE FINAL ANALYSIS, IT’S THE BUBBLE MARKET OVER-VALUATION THAT SUNK STOCKS; THE FRAUDULENT BUBBLE THAT THE WALL STREET FRAUDS COMMISSION AND SELL INTO.

THE COMING MARKET CRASH / CORRECTION Simon Maierhofer , On Thursday January 28, 2010…the Dow Jones (DJI: ^DJI), S&P 500 (SNP: ^GSPC) and Nasdaq (Nasdaq: ^IXIC) have rallied beyond 70% from their March 2009 lows. Just at the beginning of January, bullish sentiment measured by various indicators had reached its most elevated levels in years, even decades…Looking at the facts, the January 15th, 2010 issue of the ETF Profit Strategy Newsletter released the following warning: …Bullish sentiment has reached a level where it is suffocating nearly all bearish currents and undertones. The natural reaction would be, and has been by most, to conform to the trend, join the crowded trade and turn bullish. Historically, such extreme optimism leads to market declines. Even though the up-trend has lasted longer than expected, we believe that every day that brings higher prices presents a better opportunity for the bears. In the following pages we will explain why stocks are at the cusp of a decline…Insider trading…Released this morning, was the most recent data on insider selling (released by Investors Intelligence). Corporate CEO's are not viewing dropping prices as an opportunity to pick up their shares; they are using them as an opportunity to sell. The most recent data shows that insiders are selling about 3 times as fast as they are buying…Buying Climaxes The past weeks have also seen elevated levels of buying climaxes…Lack of economic activity The trend has changed. However, being long the market is not prudent anymore, it's actually become treacherous…As of recent, the Standard & Poor's published P/E ratio (based on all actually 3rd quarter reported results) was 84.30. Historically, this is more than 10x the number you'd like to see around a market bottom or fair value prices…Dividend yields, in particular for the Dow Jones (NYSEArca: DIA - News), have dropped close to their all-time 1999 levels painting a similar picture. Market bottoms of historic proportions are accompanied by sky-high dividend yields; not yields around 2 - 5%, if that...

`Regulators shut banks in California, Florida, Georgia, Minnesota and Washington...` WASHINGTON (AP) -- Regulators shut down a big bank in California on Friday, along with two banks in Georgia and one each in Florida, Minnesota and Washington. That brought to 15 the number of bank failures so far in 2010 atop the 140 shuttered last year in the punishing economic climate…

4 Potential ETF Bubbles: How to Cope [much too optimistic since inflation will ultimately be higher (worthless Weimar dollar) and GDP growth lower /declining]…If investors want a 10% return on stocks, then earnings need to increase 8%, with a 3% inflation and 5% annually in real terms. However, earnings usually reflect GDP, which grows around 3% over the long run – a 3% real GDP growth isn’t enough to lift profits 5%. The only solution is a fallback to historic P/Es of about 14, which would require a 29% correction…

Paulson Says Russia Urged China to Dump Fannie, Freddie Bonds … riiiiight! ‘Russia’s the culprit’ says that incisive, objective, truth-seeking financial sleuth of a man paulson who only pretends to be fraudulent wall street man which he has been for his entire life _

A New Approach To Regulating Wall Street Could Be More Than Wishful Thinking The return of Paul Volcker, bailed out banks out of touch, greedy and arrogant and are due for a change, can there be jail time for Wall Street gangsters? (There should be, but don’t hold your breath). Other countries in a fragile economic state, just as ours is, Bernanke bailed out himself, SEC secret files.

Russell Napier is the author of the book “Anatomy of the Bear”, a professor at the Edinburgh Business School and a consultant to CLSA Ltd. which is one of the top research houses in Asia. Napier’s research indicates (and I paraphrase) that:
The S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800)
The S&P 500 will then undergo a major crash that will see U.S. equity prices bottom at almost 50% below current levels (i.e. to 400 or less; the Dow 30 to 3800 or less) sometime around 2014 as Tobin’s “q” drops to 0.3 signaling the end of the bear market, as it has done at the end of the four largest U.S. market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve Currency

Obama’s State of the Union: Spend More, Tax Less President Barack Obama’s “State of the Union” address included a wide array of promises for new spending programs and tax cuts despite a record $1.35 trillion deficit projected for the current fiscal year. Sounds like a jive-talking wobama plan.

‘Nobel Peace Prize-winner Barack Obama ups spending on nuclear weapons to even more than George Bush’

‘You’re a liar and murderer’: Blair booed after telling Iraq inquiry he has no regrets When the cameras cut off and Mr Blair readied to leave, he was booed and one audience member shouted ‘you’re a liar’ before another chimed in ‘and a murderer’. War Criminals: Arrest Warrants Requested Pravda | International arrest warrants have been requested for George W. Bush, Richard (Dick) Cheney, Donald Rumsfeld, George Tenet, Condoleeza Rice and Alberto Gonzales at the International Criminal Court, The Hague, Netherlands.

Dead Osama Bin Laden, Climate Change Warrior Kurt Nimmo | Not only does the dead and buried Osama hate us for our freedoms, he also hates us because we have not prevented climate change. “Bin Laden” Tape: Pathetic and Preposterous Attempt To Bolster Crumbling Global Warming Scam Cap And Trade Scam To Be Enforced At State Level

National Insecurity

Bloomberg: Maybe A Secret Banking Cabal Does Run The World After All In another measure of how what the establishment labels “conspiracy theory” is quickly becoming mainstream, Bloomberg News carries a story today acknowledging that those derided as “crazy” for warning that the world is run by a secret banking cabal have largely been proven right in light of the AIG cover-up.

Palestinian group accuses israel of assassinating operative Editorial: Murder in Dubai
Though there are conflicting reports of how it happened, the death of Mahmoud Al-Mabhouh in a Dubai hotel room was almost certainly murder / assassination by israel / mossad…

DRUDGEREPORT: HOW HE LEARNED TO LOVE THE BOMB: OBAMA SEEKS MONEY FOR NUKE WEAPONS WORKObama budget: Record spending, record deficit...

UPDATE: Leaked climate emails scientist 'hid' data flaws...

Obama bows to Tampa Mayor...

Regulators shut banks in California, Florida, Georgia, Minnesota and Washington... PAPER: Obama gets an 'F' for world leadership...

At Davos, Experts See Dip Ahead...

Senate permits gov't to borrow an additional $1.9 Trillion!

HILLARY DECIDES: SKIP STATE OF UNION

South Korea returns fire from North...TO THE RESCUE: NEW AND IMPROVED OBAMA…riiiiight!…(displays picture of wobama in mighty mouse costume)! Yes, when there is wrong to the money right, mighty mouse wobama will join the fight with might, on the sea and on the land, he keeps the teleprompters well in hand !!!

THEY OWE: $12,245,872,000,000'Populist' Obama stands firm on Bernanke...
Sees Geithner staying on...

Uses Teleprompters During Speech at Elementary School...
Would 'Rather Be Really Good One-Term President'…riiiiight!…sounds like a plan...

December home sales down nearly 17%; Largest monthly drop in more than 40 years... Poverty rate hits 17.5% in Nashville...

Obama May Seek 'Discretionary-Spending Freeze'...
Reconstituting Team From 2008 for Races in Fall...
PAPER: President's fortunes set to deteriorate further...
Bernanke under pressure; Faltering support for Fed chief...

Banks shut in FL, MO, NM, OR, WA...
Dow Suffers Worst Week Since Last March...

RASMUSSEN: Obama Approval Index: -18 Strongly Approve 25% Strongly Disapprove 43% Total Approval: 45%

NOONAN: Voters went for Mr. Obama thinking he was not a Nut...
Buchanan asks: Has Obama lost white America?
The Incredible Deflation of Barack Obama...

Movie made by chimpanzees to be broadcast on TV...

Britain's terror threat level raised to 'severe'...

'AVATAR' replaces 'TITANIC' in record books...

Infowars Reality Check: Responses to President Obama’s State of the Union Address Devin Stone | Comments by Infowars.com readers inserted in Obama’s State of the Union.

Ex-Govt Lawyers: Iraq War Was Illegal Sky News | “I considered that the use of force against Iraq in March 2003 was contrary to international law.”

Obama’s Middle East misadventure Gwynne Dyer | Arab News Barack Obama had worse failures to address in his State of the Union message on Wednesday, but a few days before he owned up to the most foolish miscalculation that his administration had made in its...

‘…by the second half of the year there’s going to be a slowdown of growth in the US, Europe and Japan. That could be the beginning of a market correction because the macroeconomic news is going to surprise on the downside… Even the earnings news is going to surprise on the downside…Roubini’

Send Geithner to Prison for Lying to the American People Kurt Nimmo | Geithner needs to be arrested, forced to do the perp walk in an orange jumpsuit, and slapped in prison for grand larceny of such a magnitude it staggers the imagination. Geithner Told To Quit After E Mails Reveal Involvement In AIG Cover-up Darrell Issa’s Special Report On AIG Could Be The End Of Geithner

Global Warming Fraud Collapses Amidst Deception And Scandal

Airlines suffered record drop in traffic in 2009: IATA `New home sales fall to record low in 2009...`

US lawyers persuaded Lord Goldsmith to change his mind on Iraq war american government liars helped to persuade Lord Goldsmith to give Tony Blair the “green light” for the Iraq war just weeks before the invasion, it emerged today.

Dino tail feathers were carrot colored, study says (AP) - AP - Scientists have for the first time confirmed color in a dinosaur. Don't think purple Barney, but reddish-orange Conan O'Brien. The first solid proof of pigmentation has been spotted in the fossil...

Gideon Levy / Holocaust remembrance is a boon for Israeli propaganda Ha'aretz - Gideon Levy -

Israel's bigwigs attacked at dawn on a wide front. The president in Germany, the prime minister with a giant entourage in Poland, the foreign minister in Hungary, his deputy in Slovakia, the culture minister in France, the information ... Auschwitz survivor sees Nazi acts in Israel A Nazi death camp survivor slams israel over its occupation of Palestine, drawing an analogy between the Israeli army’s indignations and the conduct of Nazi forces during World War II.

Record number of young Americans jobless Market Crash as US Policies Continue: Dick Bove MUST READ: JEREMY GRANTHAM’S QUARTERLY UPDATE 25 January 2010 by TPC Jeremy Grantham of GMO has just released his must read quarterly update. He loves the recent Volcker rules (Glass-Steagall-lite), says the Fed is playing with fire and that the market is only worth about 850 on the S&P…Five Supreme Court justices today announced that not only are corporations people and that their money is free speech – this is old hat and a very ugly hat at that – but now, there should be no limit to the money they spend to influence political outcomes. This would be one thing if corporations really were “democratic associations” of humans that the Founding Fathers may have wanted to protect. They are, instead, small oligarchies of top management. Thus, the top management of major oil and coal companies candecide what political outcomes they want to promote, say, unlimited production of carbon dioxide (none of their CEOs apparently has grandchildren!), utterly without any approval of their decisions by the millions of actual owners. The financial power of corporations was already in danger of overwhelming the democratic process in Congress and this makes the damage potentially unlimited and puts the Court’s seal of approval on it…

Sliding Back Into the Great Recession [this is a rather mild if not optimistic assessment inasmuch as it relies upon and inappropriately lends greater credence to Leading Economic Indicators index which is skewed to the upside owing to the overvalued bubble stock market component thereof and he himself has some long positions which are contraindicated by reality – but charts and data are always helpful as here provided] Great Recession Continues Infowars.com | Mort Zuckerman of U.S. News & World Report explains why we’re still in the “Great Recession.” `December home sales down nearly 17%; Largest monthly drop in more than 40 years…stocks rally on the worse than expected news... Poverty rate hits 17.5% in Nashville...`

The ‘Stimulus’ Failed to Help the Economy Campaign for Liberty | When Congress was debating President Obama’s proposed “stimulus” last year, two of the watchwords for the near-trillion-dollar boondoggle were “jobs” and “shovel-ready.”

Watchdog groups warn: ‘Corporate globalization’ of US elections is upon us The Supreme Court may have ruled in Citizens United v. Federal Election Commission days ago, but the decision’s shockwaves are still rippling across American democracy.

Manchurian Candidates: Supreme Court allows China and others unlimited spending in US elections Greg Palast | Our future elections may come down to a three-way battle between China, Saudi Arabia and Goldman Sachs. Call For Immediate Arrest of 5 Supreme Court Justices for Treason Gordon Duff | The bloated corpse we are creating in Washington is emitting a stench we can no longer abide. The aforesaid would be shocking to anyone without a modicum of knowledge of the reality of pervasive corruption within the u.s. courts themselves and america generally, including all tree branches of the u.s. government.

Corrupt u.s. courts / judges: Their lifetime plush appointments should be abolished, which corrupt entities are unheard of in productive societies as China, Japan, etc.. Time to abolish these drags on society and eliminate their lifetime stipends and corrupt costly bureaucracies.

Ron Paul: After ‘CIA coup,’ agency ‘runs military’ US House Rep. Ron Paul says the CIA has has in effect carried out a “coup” against the US government, and the intelligence agency needs to be “taken out.” I also personally believe there has been a defacto coup d’etat which has manifested in various substantial, blatant, brazened frauds, ie., wall street, missing 360 tons of $100 bills in Iraq, war profiteering, etc., without any fear of prosecution, and of course concomitant decline for u.s. as the treasury is looted. But I also believe its scope is beyond just the CIA with many complicit within the corrupted 3 branches of u.s. government (fed judges, us attorneys, illegal system, etc.) plus the military and private big money, ie., Goldman Sachs / wall street men, etc., among other organized crime. america is defacto bankrupt in every way!

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

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

Corrupt u.s. courts / judges: Their lifetime plush appointments should be abolished, which corrupt entities are unheard of in productive societies as China, Japan, etc.. Time to abolish these drags on society and eliminate their lifetime stipends and costly bureaucracies. Rules of law mean nothing to these typically corrupt americans. Most, including sam alito of the u.s. supreme court, concerning drug money laundering and obstruction of justice in the 3^rd circuit should have gone to or belong in jail. Contrary to popular belief, they do it for the money, personal money, big, cash, untraceable money. The fog of war is great for such things (360 tons $100 bills flown into Iraq and missing, etc.).

[http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]. america’s just a fraudulent and failed defacto bankrupt nation.

ATF Responsible for Creating Large Part of Illegal Cigarette Black Market Kurt Nimmo | The agency put 250 million illegal smokes on the street.

Don’t Tread On Me Director’s Hotel Room Burglarized, Script Stolen

China’s Internet Controls Here to Stay: Beijing Official China has every right to punish citizens using the Internet to challenge Communist Party power and ethnic policies just as Stalin, Hitler, and Mau had done, a senior official said on Monday, pressing Beijing’s counter-offensive against Google.

`China accuses USA of using cyberwarfare; PEOPLE'S DAILY issues vitriolic editorial...`

70-year gag on Kelly death/murder evidence London Evening Standard | A highly unusual ruling by Lord Hutton, who chaired the inquiry into Dr Kelly’s death/murder, means medical records including the post-mortem report will remain classified until after all those with a direct interest in the case are dead. Scientist admits IPCC used fake data to pressure policy makers

Iraq littered with high levels of nuclear and dioxin contamination, study finds More than 40 sites across Iraq are contaminated with high levels or radiation and dioxins, with three decades of war and neglect having left environmental ruin in large parts of the country, an official Iraqi study has found. Iraq war was illegal, top lawyer will tell Chilcot inquiry Tony Blair’s decision to take Britain to war in Iraq was illegal, the Foreign Office’s former chief legal adviser will tell the Chilcot inquiry this week.

China paper slams U.S. for cyber role in Iran unrest (Reuters)

Pentagon backtracks after Gates ‘admits’ Blackwater operating in Pakistan Raw Story | The Pentagon has gone into damage control mode after Defense Secretary Robert Gates appeared to confirm that security contractor Blackwater is operating in Pakistan.

Latin American leaders say US occupying Haiti Press TV | Venezuela, Bolivia and Nicaragua say the US is using the international relief operation in Haiti as a cover-up for a military takeover.

netanayahu: israel to occupy parts of West Bank for eternity … in effort to keep bloodshed and conflict going ignoring international law and un resolutions…y

DRUDGEREPORT: THEY OWE: $12,245,872,000,000'Populist' Obama stands firm on Bernanke...
Sees Geithner staying on...

Uses Teleprompters During Speech at Elementary School...
Would 'Rather Be Really Good One-Term President'…riiiiight!…sounds like a plan...

December home sales down nearly 17%; Largest monthly drop in more than 40 years... Poverty rate hits 17.5% in Nashville...

Banks shut in FL, MO, NM, OR, WA...
Dow Suffers Worst Week Since Last March...

RASMUSSEN: Obama Approval Index: -18 Strongly Approve 25% Strongly Disapprove 43% Total Approval: 45%

NOONAN: Voters went for Mr. Obama thinking he was not a Nut...
Buchanan asks: Has Obama lost white America?
The Incredible Deflation of Barack Obama...

Movie made by chimpanzees to be broadcast on TV...

Britain's terror threat level raised to 'severe'...

'AVATAR' replaces 'TITANIC' in record books...

Unemployment rose in 43 states last month (AP) Economic Black Hole: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover The Economic Collapse | Even though the U.S. financial system nearly experienced a total meltdown in late 2008, the truth is that most Americans simply have no idea what is happening to the U.S. economy. Banks already finding ways around Obama financial reforms Raw Story | On the same day that President Barack Obama announced an ambitious plan to reform the US financial system, bankers at the largest Wall Street institutions indicated that they are already finding ways around the proposed changes.

The coming depression… thecomingdepression.net

Government Is Too Big to Succeed Ron Paul | The Financial Crisis Inquiry Commission kicked hearings on the causes of the economic meltdown on Wall Street– it is being compared to the the Pecora Commission launched in 1932 to investigate the causes of the Great Depression.

Ron Paul Warns Of Coming “Social And Political Chaos” Texas Congressman Ron Paul has delivered a riveting “State of The Republic” address on his Campaign for Liberty website, orating his thoughts on where the U.S. stands as a nation and what the future holds.

Communism and the Obamatrons: Beck Only Tells Half the Story Kurt Nimmo | Beck leaves out the most salient and important fact about Stalin and Mao: they were funded and supported by Wall Street. NASA Global Warming Alarmist Endorses Book That Calls For Mass Genocide

Intel Boss Says Terror Interrogation Unit Will Be Used Domestically Washington Post | The intelligence chief said the interrogation group was created by the White House last year to handle overseas cases but will be expanded now to domestic ones. TSA Admits Placing Cocaine In Woman’s Luggage Philadelphia Inquirer | What happened to her lasted only 20 seconds, but she says they were the longest 20 seconds of her life.

Berlusconi moves to impose Internet regulation as one would expect from a typical italian faciste (AP) China, China go kiss our hina slams US criticism of Internet controls owing to the preposterous communist chinese tender sensibilities which border on near primitive superstition – note their reported Avatar panic attack (AP)

Ron Paul: 300 Million Taxpayer Dollars Spent to Undermine Iranian Government TN Sons of Liberty | “According to current and former military, intelligence, and congressional sources, Congress late last year “agreed to a request from President Bush to fund a major escalation of covert operations against Iran.” For these operations, the President sought up to $400 million.

Former Prime Minister of Malaysia Says 9/11 Staged Asia One News | He said killing innocent people to provide an excuse for war was not new to the US.

Stocks slide as Obama calls for tougher bank rules… riiiiight! tougher rules the culprit…laws against fraud… all things that militate against overvalued bubble-market which is fraudulent wall street’s now familiar churn-and-earn fraudulent pattern like termites eating away at america’s foundation …Fraudulent wall street’s attempts to condition Washington to favor their frauds with such pullbacks must be ignored as their self-interested computerized programmed commissioning scams have no economic benefit to anyone but themselves with but a very small fraction of what wall street does a net positive in real economic terms…most people, including on capital hill, don’t understand this fundamental economic principle/reality… All the data this day was realistically negative with unemployment up and manufacturing index down (AP) Jobless Claims Rise in Latest Week Wall Street Journal | The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week. Senate Proposes Increasing U.S. Debt Limit to $14.3 Trillion The U.S. debt limit would be raised by $1.9 trillion to $14.29 trillion under an amendment proposed in the Senate. Unfunded Benefits Dig States’ $3 Trillion Hole: Orin S. Kramer Everyone seems to know the current path of federal fiscal policy is a deathtrap over the long term. What’s peculiar is the relative inattention to the balance sheets of state and local governments.

Albert Edwards Alleges Central Banks Were Complicit In Robbing The Middle Classes Zero Hedge | America spoke in Massachusetts, and will speak again very soon if you do not send the appropriate signal that you have heard its anger — Do Not Reconfirm Bernanke.

‘Fight against terror pretext for waging wars’ Press TV | President Mahmoud Ahmadinejad says hegemonic powers wage wars under different pretexts to take over other countries’ natural resources. Gates Says CIA, Mossad, israel, and elements purporting to be Al-Qaeda Want to Start War Between India and Pakistan Fox Business | CIA, Mossad, israel seeking to destabilize the entire South Asia region and could trigger a new war between Pakistan and India US accused of ‘occupying’ Haiti as troops flood in Daily Telegraph | The French minister in charge of humanitarian relief called on the UN to “clarify” the American role amid claims the military build up was hampering aid efforts.

Ron Paul: After ‘CIA coup,’ agency ‘runs military’ US House Rep. Ron Paul says the CIA has has in effect carried out a “coup” against the US government, and the intelligence agency needs to be “taken out.” I also personally believe there has been a defacto coup d’etat which has manifested in various substantial, blatant, brazened frauds, ie., wall street, missing 360 tons of $100 bills in Iraq, war profiteering, etc., without any fear of prosecution, and of course concomitant decline for u.s. as the treasury is looted. But I also believe its scope is beyond just the CIA with many complicit within the corrupted 3 branches of u.s. government (fed judges, us attorneys, illegal system, etc.) plus the military and private big money, ie., Goldman Sachs / wall street men, etc., among other organized crime. america is defacto bankrupt in every way!

Ron Paul: “The CIA Runs Everything” Infowars.com | The CIA is every bit as secret as the Federal Reserve, Paul told the Campaign for Liberty Regional Conference in Atlanta. Ron Paul and a Timeline of CIA Crimes and Atrocities Kurt Nimmo | The CIA has committed thousands of illegal and immoral acts around the world, including almost unfathomable mass murder and countless acts of terrorism and torture.

RAND/Army Report Calls For Militarized Police Force For U.S. A recent study commissioned by the U.S. Army and written by the RAND Corporation calls for the creation of a “hybrid” military/law enforcement unit which could be put to use in the United States to take charge of riot control and SWAT duties, according to the authors.

Dick Morris: Obama Will Never Get Another Major Piece Of Legislation Passed Former Clinton advisor Dick Morris told Fox News yesterday that the election of Scott Brown was such a momentous event that it has killed all prospects of President Obama ever getting another major piece of legislation passed during his time in office. Kucinich shreds Democrats for betraying the promise of change Obama’s Failure on Guantanamo Barring some frankly unattainable miracle, this will be the week that President Obama’s international credibility, regarding his promises to undo the Bush administration’s “war on terror” detention policies, takes a nosedive.

The World Bids Farewell to Obama US President Barack Obama suffered a painful defeat in Massachusetts on Tuesday. With mid-term elections looming, it means that Obama will have to fundamentally re-think his political course. German commentators say it is the end.

`DRIDGEREPORT: Specter Tells Bachmann To Act Like A 'Lady' like he is...`

`DER SPIEGEL: The World Bids Farewell to Obama... Air America Ceases Live Programming, Will File for Bankruptcy... KISS OF DEATH? Obama Will Travel to Nevada for Reid Next Month... Chavez: US Weapon Test Caused Haiti Earthquake... Russia diversifies into Canadian dollars; Moving away from USA...`
`Russia to boost navy over U.S. missile plans... China's growth accelerates to 10.7%...`

`WALL ST CHILLED...` `MORE JOBS LOST...`
`Democrats propose $1.9 trillion increase in debt limit...`

`KISS OF DEATH? Obama Will Travel to Nevada for Reid Next Month...`

The Massachusetts Senate Race: A Populist Protest Vote Against Wall Street Puppets Webster G. Tarpley | Any Democrat now wishing to survive must immediately carry out a sharp anti-Wall Street, economic populist turn. Brown Win in Massachusetts: Rise of the Independents and the Tea Party Kurt Nimmo | It was independent voters in the traditionally liberal and Democrat dominated state that made the difference, not Republicans.

Avatar banned in China Yahoo Movies | The China Film Group, which is run by the state, believes the plot of human colonists attempting to demolish an alien village for its resources steers too close to a very sensitive issue in China at the moment. That’s really quite pathetic! After all, that’s something that’s never going to happen since the human species is confined to their essentially dead solar system. What paranoid paper tigers / jokers the communist chinese are, not that defacto bankrupt, declining america is much different or better in reality, beyond the myths, false history, propaganda and bluster. But see… `China says 'AVATAR' most successful film...`BEIJING (Reuters) - China on Wednesday called the box office smash "Avatar" the country's most successful film, grossing almost $80 million, after denying earlier it had forced the sci-fi spectacular out of local cinemas…contradicting the purported China ban which assertion may be a u.s. propaganda ploy. However, there’s also the google search controversy; but, I’ve found america’s censorship ploys / crimes as bad or worse.

`DRUDGEREPORT: Obama Says 'We Lost Touch'... Didn't Speak 'Directly to American People'...` `BUT` `Obama's First Year: By The Numbers: INTERVIEWS: 158 SPEECHES, COMMENTS & REMARKS: 411 MAG: Even kids starting to turn... COMMENTARY: obama had a mandate for real and positive change. his lack of courage changed that. bringing in the insiders at substantial taxpayer (bailout of a massive fraud) expense proved this. his, as bushes' before him, is a failed presidency!`

Iran Rationally Calls for End to Worthless U.S. Dollar Hegemony Press TV | Iran’s Foreign Minister Manouchehr Mottaki says adopting regional approaches can ensure sustainable security and stability in the Caucasus region. `Russia diversifies into Canadian dollars; Moving away from USA...`

We Have Reached the Top of the Stock Market (Charts/Analysis/Article) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market… (Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Record 3 million homeowners plagued by foreclosure `CITIGROUP posts $7.6 billion loss…stock rallies...` 200 Bank Failures Expected in 2010 Money & Markets | Washington has so thoroughly botched its supervision of the banking industry that 200 banks are likely to fail this year — already costing the FDIC ten times more than the great S&L and banking crisis of the 1980s did. China Inflation May Quicken, Hurting Banks, Utilities, BNP Says Bloomberg | China’s inflation rate may accelerate to as high as 8 percent this year, hurting banking, utility and phone stocks, according to BNP Paribas.

More Corporate Writedowns Coming in 2010 …A 2009 Ernst & Young study, examining 1,400 takeover transactions that took place globally in 2007 and 2008, found that nearly half the value of the acquisitions was ascribed to goodwill, and another quarter was reflected in other intangible assets… The survey participants believe the most likely sectors for further impairment writedowns in the coming months are many of the same sectors that dominated the troubled-asset hit parade last year: Real estate, banking/capital markets, automotives and media. The view is that those at-risk sectors still have some overvalued assets to shake out.The study also suggests that companies who were aggressive acquirers during the tail end of the bull market may be at risk, as they likely overpaid the most for assets and are carrying goodwill that’s hard to justify today…

Ron Paul: Use Geithner to Impeach Obama You Tube | The biggest bailout in history was a FRAUD, perpetrated by the Government.

NY Times | Fraudulent wall street’s main lobbying arm has hired a top Supreme Court litigator to study a possible legal battle against a bank tax proposed by the Obama administration.

FBI Fumbles On “Cutting Edge” Photo of Osama Made From Image of Commie GWOT Critic Kurt Nimmo | The CIA groomed Osama much the same way Wall Street financiers groomed Lenin and Trotsky.

Rendition: Where the War on Terror Meets the War on Drugs Patrick Henningsen | It’s time to ditch the policies we have come to tolerate for decades before they consume what is left of our moral core.

…“Evidence points to aircraft – familiarly known as “torture taxis” – used by the CIA to move captives seized in its kidnapping or “extraordinary rendition” operations through Gatwick and other airports in the EU being simultaneously used for drug distribution in the Western hemisphere. A Gulfstream II jet aircraft N9875A identified by the British Government and the European Parliament as being involved in this traffic crashed in Mexico…” In 2004, another torture taxi crashed in a field in Nicaragua with a ton of cocaine aboard. It had been identified by Britain and the European Parliament’s temporary committee on the alleged use of European countries by the CIA for the transport and illegal detention of prisoners as a frequent visitor in 2004 and 2005 to British, Cypriot, Czech, German, Greek, Hungarian, Spanish and other European cities with its cargo of captives for secret imprisonment and torture in Iraq, Jordan and Azerbaijan.” According to multiple news agency reports, the said Gulfstream II private jet (tail number N987SA) which crash landed on September 24th, 2007 in Yucatan, Mexico came down after being chased by Mexican military helicopters for flying illegally into Mexican airspace. Mexican soldiers found no bodies at the crash site but did discover 132 bags containing 3.3 metric tons of cocaine. The origination of the Gulfstream’s flight is unknown but it was destined for Cancun when it crash landed. Again, here is the important point: that same Gulf Stream II was one of the very same planes chartered to the CIA for the rendition of suspected terrorists prisoners. Gulf Stream II crashed in Mexico with 3 tons of cocaine on board Knowing these two facts- the history of this aircraft and its cargo on this occasion, it should not be surprising that this illegal practice of rendition has in some part, been used as a well-run smokescreen for another borderless illegal operation- an extremely lucrative international transfer and delivery of cash and narcotics. One may also speculate about what other cargos with a high black market value could also be moved freely on such high level government contracted transport, namely weapons, ‘company asset’ operatives, and other human cargo. These flights are not subject to regular customs checks, inspections or normal regulations as they move seamlessly between destinations in the US, Britain, Europe, Middle East, Central Asia, Cuba and possibly through US bases in Turkey, Greece and Morocco…

Obama Administration Shuts Down Oldest Gun Show in Central Texas Kurt Nimmo | Get active today or lose your right to defend yourself against criminals and a predatory government. Texas Gun Shows Organizer Targeted by the ATF Makes His Case on the Alex Jones Show Kurt Nimmo | In a classic case of Mafia intimidation, the ATF in league with the Austin Police Department lean on a Texas gun show. Feds, Cops Attempt to Shut Down Legal Gun Sales in Austin, Texas Kurt Nimmo | Residents of Austin should not be intimidated by this bogus color of law attempt to chill the Second Amendment. PDD 51 & New Executive Order Give Obama Dictator Power A large majority of Americans say they want a smaller government that provides them with fewer services, according to a new poll from the Washington Post and ABC News. BATF Notice Bans Private Gun Sales In Texas The Bureau of Alcohol, Tobacco, Firearms and Explosives is actively issuing directions banning private sales of guns without licenses at gun shows in Texas, despite there being no law to justify such demands. Italy to Require Anyone Who Uploads Video to the Internet to Obtain Government Authorization The return of the faciste

US waves white flag in disastrous ‘war on drugs’ London Independent | After 40 years, Washington is quietly giving up on a futile battle that has spread corruption and destroyed thousands of lives.

US general: 200,000 dead Haitians just a ’start point’

Blackwater/XE behind terrorist bombings in Asia and Africa? WMR’s intelligence sources in Asia and Europe are reporting that the CIA contractor firm XE Services, formerly Blackwater, has been carrying out “false flag” terrorist attacks in Afghanistan, Somalia, the Sinkiang region of China, Pakistan, Iran, and Iraq, in some cases with the assistance of Israeli Mossad and Indian Research and Analysis Wing (RAW) personnel.

DRUDGEREPORT: `FRENCH ACCUSE US OF HAITI 'OCCUPATION'...`
`Aid fails to reach city...`
`Defense Sec: No policing role for troops in Haiti...`
`EU plays down talk of Haiti rift with USA...`
`UPDATE: One American Dead, Three Injured in Relief Operation...`
`Violence Hampering Relief...`
`Wyclef Jean Defends His Charity, Calls for Evacuation Of Port-au-Prince...`
`VIDEO: UN Troops Fire Rubber Bullet into Crowd...`

`WASHINGTON POST Ignores Own Poll Findings: 58% Want Smaller Gov't, Fewer Services but does not change the findings as is often the case with biased, propagandist, and less credible news organizations, The Washington Post being among the very few news disseminators / publishers with respect for the First Amendment ...`

International Hearings Begin On “Falsified” Swine Flu Pandemic The Parliamentary Assembly of the Council of Europe, a 47 nation body encompassing democratically elected members of parliament, has begun hearings to investigate whether the H1N1 swine flu pandemic was falsified or exaggerated in an attempt to profit from vaccine sales.

Israel accused of silencing political protest WASHINGTON POST

israeli attack on Iran would be disaster — for U.S. economy

AMERICA’S FINANCIAL COLLAPSE INEVITABLE!

Fake gold bars in Bank of England and Fort Knox Pakistan Daily | A recent discovery — in October of 2009 — has been suppressed by the main stream media. I personally believe this to be true, and worse.

Protesters Gunned Down In Southern Afghanistan

Pentagon: No evidence that Iran seeking nukes

Israel Hints at New Invasion of Lebanon

DRUDGEREPORT: Obama admin allows Haitians in USA illegally to remain...
Advocates pushing to relocate Haitian children to America...
Haiti's Streets Called 'Tinderbox' as Hunger, Thirst and Anger Grows...
HAITIAN GOVT SAYS 40,000 BURIED, ANOTHER 100,000 THOUGHT DEAD...
UN to launch Haiti emergency appeal for $550M...
ANARCHY: WHO'S RUNNING COUNTRY??
Aristide offers to return...
U.S. military mobilizes thousands...
War Zone: Gangs do battle in streets with machetes over food...
Rescuers race against time...
WIRE: Angry Haitians block roads with corpses...
HORROR: Corpses impede traffic, pyres of burning tires incinerate cadavers...
Growing desperation...
Survivors Face Diarrhea, Malaria Outbreaks Amid Lack of Clean Water...
Looting...
Earthquake in pictures...
Satellite Photos Before and After...
Actor Danny Glover Says Quake 'Response' For Screwing Up Climate Summit In Copenhagen...
Broadcast nets to air Clooney's Haiti telethon...
Hillary heading to quake zone...Earthquake in pictures...

WIRE: Many Obama pledges unkept...

POLL: Majority Would Vote Against Second Term... Boy, 8, on terrorism watch list...

White House blames outdated computers for ineffective government … riiiiight! … blame it on the computer ...

`New jobless claims rise 'more than expected'...`
`Retail sales drop in December; Sales for all of '09 plunge by record amount...`
`Record year for foreclosures...`

‘Israel scuttling peace efforts’ New Saudi air raids claim more civilians in Yemen

Iran says nuclear scientist assassinated zionist style The Iranian president says a familiar assassination method practiced by Israel was seen in the recent assassination of an Iranian nuclear scientist.

Hunting Fossil Viruses in Human DNA

DRUDGEREPORT: U.S. military mobilizes thousands for Haiti relief...
Rescuers race against time...
Growing desperation grips capital...
FAA halts air traffic to Haiti, no room for planes...
Survivors Face Diarrhea, Malaria Outbreaks Amid Lack of Clean Water...
Looting...
Dozens of UN personnel killed; Greatest loss of life in UN history...
Earthquake in pictures...

WIRE: Many Obama pledges unkept...

POLL: Majority Would Vote Against Second Term... Boy, 8, on terrorism watch list...

White House blames outdated computers for ineffective government … riiiiight! … blame it on the computer ...

New jobless claims rise 'more than expected'...
Retail sales drop in December; Sales for all of '09 plunge by record amount...
Record year for foreclosures...

“Peace” Prize Winner Obama Demands Record War Chest Nobel Peace Prize winner Barack Obama is to request a record defense budget for 2011 in order to expand the war in Afghanistan and continue the conflict in Iraq, according to military officials. I personally believe there has been a defacto coup d’etat which has manifested in various substantial, blatant, brazened frauds, ie., wall street, missing 360 tons of $100 bills in Iraq, war profiteering, etc., without any fear of prosecution, and of course concomitant decline for u.s. as the treasury is looted.

Update: Video of Secret Service Visit to Man Who Confronted bush the Untalented Slug Senior

‘F*** You’: Angry Man Swears at war criminal bush patriarch at Houston Restaurant

Powerful blast kills 2 US soldiers in Afghanistan Two more US soldiers serving with the NATO-led forces have been killed in the troubled eastern Afghanistan, the alliance says.

A sign of empire pathology: More US soldiers commit suicide than killed in action

‘US wants to turn Yemen into another Afghanistan’

Iran: We had information Israel, U.S. intended to attack us Haaretz | Iran received information days ago that Israeli and U.S. intelligence intended to carry out terrorist acts in Tehran

DRUDGEREPORT: Quake-stunned Haitians pile bodies...
France fears everyone inside U.N. HQ dead...
Presidential Palace Collapsed...
Screaming, running...
MAP/DETAILS...
Up to 3 million in need...
US Red Cross runs out of medical supplies...
VIDEO: Dog bolts from office before quake tremors strike building...
'They Have Been Cursed As Is america': Pat Robertson Says Haiti 'Swore a Pact to the Devil' while america acts like the devil, ie., thieving, murdering, deceiving, etc....

HELL CAME UP: 500,000 MAY BE DEADObama wants record $708 billion for wars next year...ONE YEAR IN: QUINNIPIAC POLL: TIE ON WHETHER USA BETTER OFF WITH MCCAIN IN '08...
GALLUP: New lows on healthcare, economy...
Dem Chairman: Health Care Talks Stalled, Facing 'Serious Problem'...
Dem Congressman: Senate has 'gun to our head'...
Cantor: 'This healthcare bill can be defeated'...

US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Reinhart and Rogoff also make it clear that the larger the ratio of external to internal debt, the greater the drag on economic growth.

U.S. Chamber warns of ‘double-dip’ recession because of government policies

`DRUDGERPORT: PAPER: Bankruptcy could be good for America... Gasoline prices zip toward $3 mark...`
`Trade Deficit Widens on Oil Imports...`
`PAPER: America slides deeper into depression as Wall Street revels...`
`FEDS LOSE $68 BILLION IN BAILOUTS...`

Obama Expands Federal Power Over the States with Executive Order Kurt Nimmo | Contrary to his election campaign promises, Obama has issued dozens of signing statements. Man Gets Secret Service Visit After Heckling Bush Senior UPDATE: The man who heckled Bush has now received a treatening visit from the Secret Service, who left after he started recording them. Obama Executive Order Stokes Martial Law Fears An Obama executive order that creates a council of state governors who will work with the feds to expand military involvement in domestic security has stoked fears that the administration is stepping up preparations for martial law.

Conflict of Interest? Intel Gives $250 Million Obama Charity in Midst of FTC Suit H1N1-GATE: Big Pharma, WHO crafted ‘organized panic,’ European health head claims Carbon trading fraud in Belgium – “up to 90% of the whole market volume was caused by fraudulent activities”

Editorial: The rise of China

US fertilizes foundation for more terrorism” – trends forecaster The year 2010 and following decade will be marked by an increase in terrorism, says trends forecaster Gerald Celente, who believes the US and NATO are “fertilizing the foundation” for it. Iran blames Israel and U.S. for nuclear scientist’s murder Iran’s Foreign Ministry said Tuesday it had evidence that a bomb that killed a Tehran University professor was planted by “Zionist and American agents”.

It Is A Madhouse Out There Chuck Baldwin | If we were really serious about making airline travel safer, we would immediately cease and desist from this incessant infatuation with meddling into the internal affairs of foreign countries.

Turkey says again Israel Gaza attack hurt peace (Reuters) A low blow: Israel puts Turkey down with snub (AP)

Bomb kills Iran physicist; US, Israel blamed (AP)

China banks eclipse US rivals Chinese banks have cemented their position as the most highly valued financial institutions, taking four of the top five slots in a ranking of banks’ share prices as a multiple of their book values. China Ends U.S.’s Reign as Largest Auto Market China supplanted the U.S. as the world’s largest auto market after its 2009 vehicle sales jumped 46 percent, ending more than a century of American dominance that started with the Model T Ford.

`DRUDGEREPORT: CHINA ENDS AMERICA'S REIGN AS LARGEST AUTO MARKET...`
`Becomes biggest exporter, edging out Germany...`
`China banks eclipse American rivals...`

`OIL NEARS $84 inspiring oil stock rally on wall stree…riiiiight!...`
`PAPER: America slides deeper into depression as Wall Street revels...`

Tim Geithner, You Have Ten Months To Find A New Job Geithner Could Face Criminal Charges Over AIG Coverup Bernanke’s to Blame It seems that the primary qualification needed by any chairman of the Federal Reserve is the ability to never admit error, no matter how damning the evidence. China overtakes Germany as biggest exporter (AP) Ron Paul: End The Fed

The Military-Industrial Complex is Ruining the Economy Washington’s Blog | The defense employment sector is booming. `JOB GLOOM HITS WEST RECOVERY HOPE...` `Shrinking U.S. Labor Force Keeps Rate From Climbing Above 10%...` Geithner’s Fed told AIG to hide “backdoor bailout” House panel wants Geithner to testify about New York Fed and AIG Wash Post | The chairman of the House oversight committee said he would ask Treasury Secretary Timothy F. Geithner to testify about whether company executives were told to withhold key details about how they were spending taxpayer money.

Hard questions for Tim Geithner THE $182.3 billion (€126.5 billion) bailout of AIG is getting more costly by the day for the Obama administration. New revelations last week cast the spotlight back on Tim Geithner, the Treasury secretary who played such a vital role in the credit crunch bailouts. Tim Geithner Will Be Fired After The November Elections Tim Geithner is in a lot of hot water.

Ed Brown Receives Virtual Death Sentence for Resisting Government Kurt Nimmo | If Ed Brown lives long enough to serve the entire sentence meted out by the government, he will be released when he is 107 years old.

`THE BOOK: Hillary Wanted Staff To Push Obama Drug Allegations...`

`Bill Clinton on Obama: 'A few years ago, this guy would have been getting us coffee'...`

Ron Paul on Alex Jones: Obama’s Hypocrisy & The Continued Loss of Freedoms Body scanners can store, send images, group says The Bush legacy, a decade of pain It’s not just the tragedy of 9/11, which most intelligent people realize by now was government-sponsored terror on America, a false-flag operation that continues to this day via Abdulmutallab’s (faux) attempt at terrorism.

Torture Is Continuing Under the Obama Administration, Creating More Terrorists and Further Destabilizing the Economy Way to create more terrorists and to further disrupt the civilian economy, Obama administration. CIA planned to ‘rendition’ suspects in Germany: report

Israeli missile kills 3 Hamas men in Gaza: faction (Reuters) Israel arrests foreign activist in West Bank raid: her lawyer (AFP)

UK reporter, US Marine killed in Afghan blast (AP)

Israel air strike kills three Palestinian militants in Gaza (AFP)

Employers slash jobs in December which unexpected bad news rallies stocks…riiiiight!

DRUDGEREPORT: THE NUMBER: DEC. -85,000 JOBS... 10%...
'WORSE THAN EXPECTED'...
GOP MOCKS DEMS: WHERE'S THE WORK?
JOB GLOOM HITS WEST RECOVERY HOPE

`Economist Was Under Contract With HHS While Touting Health Reform Bill...`

Just Give Them a Reason: Ed Koch: ‘Hundreds of millions’ of Muslims are terrorists – What do you expect a homosexual jew from N.Y.C. to say Giuliani: ‘We had no domestic attacks under bush’ [Just disaster, defacto bankruptcy, financial collapse, incompetence, corruption, etc.] What do you expect an incompetent, corrupt son of a N.Y.C. mafia, who has made 9/11 his own cottage industry, to say ’

Israeli blitz kills 3 Gazans

‘US intervention in Yemen will strengthen al-Qaeda’ A senior Yemeni official has warned that any military intervention by the United States in the country to fight al-Qaeda will not go as planned and to the contrary would make the terrorist network stronger.

Afghan war kills three children a day: report Children are the biggest victims of the war in Afghanistan, with more than 1,050 people under 18 years old killed last year alone, according to an Afghan human rights watchdog.

Afghans hold anti-US rally over killing of civilians Thousands of people in eastern Afghanistan have taken to the streets to protest the death of four children in an explosion they blame on US forces.

Stimulus Money Sent To Phantom Zip Codes As much as $9.5 million in federal stimulus dollars went to 14 zip codes in Virginia that don’t exist or are in other states, Old Dominion Watchdog `PAPER: 14 phantom Zip Codes receiving fed 'stimulus' money...`

2009: THE YEAR OF THE GREAT VAMPIRE SQUID Catherine Austin Fitts Solari.com January 6, 2010 The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. - Matt Tabbi, “Inside the Great American Bubble Machine”

THE GREAT VAMPIRE SQUID

For years, it was hard for many of us to fathom the psychopathic nature of our financial elites, or to expand the meaning of Matt Tabbi’s marvelous description of Goldman Sachs, the great vampire squid. Squid seems a fitting name for the financial cartel that drives what I have traditionally called the Tapeworm.

There were some who saw the danger immediately and tried to warn us, like Sir James Goldsmith. There were some, like myself, who tried to prevent the housing bubble and find alternatives to investing our life savings in it.

While those efforts did not stop the squid, they certainly made it clear that the squid take down of the planet was, indeed, part of a plan. That’s all documented now.

THE SQUID SHIFTS THE MONEY

I often tell the story of my meeting with a group of pension fund leaders in 1997 in which the President of the CalPERs pension fund— the largest in the country—said, “You don’t understand. It’s too late. They have given up on the country. They are moving all the money out in the fall (of 1997). They are moving it to Asia.”

Sure enough, in the fall of 1997 trillions of dollars began to shift out of North America and into the emerging markets, including Asia and China. This included over $4 trillion that went missing from the US government, which I have referred to for years as “the missing money.”

Breaking The Will Of The People: The Real Purpose Of Body Scanners The clamor to ramp up airport security with invasive naked body imaging scanners has nothing to do with ensuring the safety of travelers. How The Machine Creates Obedient Zombies Full-Body Scanners Increase Cancer Risk Scanner ‘violates human dignity,’ say civil rights groups Government Uses Stimulus Money To Buy Naked Body Scanners Court rules Obama’s detention powers not limited by laws of war The Washington, D.C. Federal Lifetime Appointees/Employees Circuit Court of Appeals issued a ruling Tuesday that upholds the bush administration’s broad claims of executive power to detain non-citizens.

Homeschoolers Arrested in New York: Slavery Returns to Amerika Kurt Nimmo | In order to force children into the government cult, they must first be reduced to little Manchurian candidates.

Britain falls to 25th best place to live in the world... behind Lithuania, the Czech Republic and Hungary, u.s. drops to 7th

More Israeli Mossad Connections to 9/11 Mordechai Sones | I would like to call your attention to a detail that the research team may have overlooked, namely the proprietorship of Hangar 17, where the only known 9/11 evidence still in existence is locked away from public scrutiny.

US helping terrorists in southeast Iran: Report The US is helping the Pakistan-based Jundallah militants to enter Iran through the Persian Gulf and carry out terrorist acts in the country, a report said Wednesday.

`Buchanan: A Decade of Self-Delusion... …`According to the International Monetary Fund, the United States began the century producing 32 percent of the world's gross domestic product. We ended the decade producing 24 percent. No nation in modern history, save for the late Soviet Union, has seen so precipitous a decline in relative power in a single decade. The United States began the century with a budget surplus. We ended with a deficit of 10 percent of gross domestic product, which will be repeated in 2010. Where the economy was at full employment in 2000, 10 percent of the labor force is out of work today and another 7 percent is underemployed or has given up looking for a job… `Treasuries Post Worst Performance Among Sovereign Markets as Sales Mount... U.S. growth prospects deemed bleak...`

Colorado sees first minimum wage drop in US in 72 years Bob Chapman | The public may not notice it but the situation is really chaotic. As you can see, the US is never allowed a level playing field [ but that is part of what comes with formally being the international reserve currency, and the prospective worthlessness of same]. Lining Up for the Wall Street Gravy Train Mike Whitney | Congress has given Wall Street the green light to continue selling products that are insufficiently capitalized so they can keep raking in gigantic profits. Will Americans Reclaim Our Nation in 2010 From the Thugs and Con Artists? The giant banks are treating the American Citizen like we work for them, are holding the economy hostage, and are taking our deposits and using them to speculate in casino style gambling. Is The U.S. Government Buying Stocks to Froth Market and Keep Ponzi Scheme Going?

Retired U.S. General Has Wet Dream and Promises An Airliner Will Be Downed Within 100 Days 9/11 Commission Chairman of mob-corrupt jersey fame: Plane Bomber “Did Us A Favor” Online Poll (I don’t believe it-even dumb americans are not that stupid) Says More Than 70% of Americans Favor Invasion of Yemen Kurt Nimmo | Corporate media to sell an invasion of Yemen to the American people the same way they sold the invasion of Iraq. Afghanistan is Not the Right War If history has taught us anything, it is that we need to beware those populist politicians who claim to be men of peace by nature but men of war by necessity.

Intelligence sources: Plane incident a false flag involving trinity of CIA, Mossad, and RAW

Underwear Bomber False Flag to be Exploited to Renew Draconian Patriot Act Infowars.com | Many of the Patriot Act provisions were set to expire on January 1st. Obama Sends Brennan to Sell Yemen Attack on Sunday News Shows Kurt Nimmo | Brennan’s message lines up nicely with the one delivered by Gordon Brown Americans want to be Slaves Adam Murdock, M.D. | My prayer is that we may have the courage to become active purveyors of truth. Obama and Afghanistan: America’s Drug-Corrupted War Peter Dale Scott | The question remains: how many Americans, Afghans, and Pakistanis will have to die, before we can put an end to this drug-corrupted and drug-corrupting war? Afghan attacks kill 4 US troops, British soldier (AP) Obama Blames al-Qaeda for Christmas False Flag, Sets Stage for Yemen Attack Kurt Nimmo | Nassir al-Wahishi is the new Osama bin Laden. U.S. Customs: Second person handcuffed on Christmas Day was on Flight 253, after all A spokesman for U.S. Customs and Border Protection now says that a man who was handcuffed and questioned by authorities on Christmas Day was a passenger on Northwest Airlines Flight 253 — just days after saying that person arrived to Detroit aboard a different flight.

New Year Begins With Random Searches On Streets Of New York Partygoers crowding into Times Square were not allowed to carry backpacks or alcohol and were banned from reentering the zone once they left.

Haskell Family: FBI has changed accounts 4 times; our story is the same since day one Haskell Family Blog | We have repeated our story many times to various reporters, television and radio stations ,both across the country and abroad. Our story has never changed. Not only did we almost lose our lives in the air, but after our plane landed.

False Flag Event in Detroit a Pretext to Invade Yemen Kurt Nimmo | As Webster Tarpley notes, Obama has formulated a new version of the Axis of Evil, composed of Afghanistan-Pakistan, Somalia, and Yemen. “US plans military aggression against Venezuela”

U.S. Intelligence Found Iran Nuke Document Was Forged Gareth Porter | The Rupert Murdoch chain has been used extensively to publish false intelligence from the Israelis and occasionally from the British government.

Michael Meyer: Myths of 1989 …The reality is that "our" victory in the Cold War was not what we thought it was, nor did it happen the way we think it did. Most painfully, the myths we spun about it have hurt the world and ourselves. What are these myths that we embrace as truths? First, people power. Most popular accounts of 1989 come down to a simple plot line: Eastern Europe's long-repressed citizens, frustrated by poverty and lack of freedom and inspired by our example, rose up and overthrew their communist overlords. Well, yes and no. In East Germany, that is pretty much what happened. In Hungary, by contrast, change came from the top, as a small cadre of communist reformers threw over the old order and began, quite literally, cutting holes in the Iron Curtain. In Poland, the activists of the Solidarity trade union sat down with their onetime jailers and agreed to hold elections. There, democracy came first, and only afterward revolution. A second myth concerns the role of history. Americans tend to see the end of communism as foreordained, born of its inherent flaws. This is the tectonic overview of history as the interplay of great and seemingly inevitable forces. Seen from the ground, however, it looked very different. Factors beyond our control figured in the equation as well, not least a drop in oil prices from roughly $40 a barrel in 1980 to less than $10 a decade later.And if you were there the night the Berlin Wall fell, you know that it came to pass, in the dramatic way it did, because of a freak accident -- an utterly human blunder. In a Cold War vignette now become famous, played and replayed on YouTube, the spokesman for the East German Communist Party misread a press release and told his country's people they were free to go -- "immediately," as of the night of Nov. 9, 1989, and not the next day, when new travel rules were officially supposed to take effect. In the ensuing administrative chaos, the Berlin Wall "fell." The iconic pictures of Berliners dancing atop the wall owe as much to happenstance as to culminating history. A third myth is the most dangerous: the idea of the United States as emancipator, a liberator of repressed peoples. This crusading brand of American triumphalism has become gospel over the past two decades in certain foreign policy circles, especially among neoconservatives. For them, the revolutions of 1989 became the foundation of a post-Cold War worldview. All totalitarian regimes are hollow at the core, they suggest, and will crumble with a shove from the outside. If the inspiration for this was the Berlin Wall, coming down as Reagan "ordered," the operational model was the mass protests in Romania leading to the violent overthrow of the Ceausescu regime. "Once the wicked witch was dead," as Francis Fukuyama put it, "the Munchkins would rise up and start singing joyously about their liberation." It is a straight line from this fantasy of 1989 to the misadventure in Iraq, and beyond. The theologian Reinhold Niebuhr famously warned about the dangers of "mis-memory" or, worse, the deliberate rewriting of history in order to shape the future, much as the old communists tried to do. The United States contributed uniquely to the end of the Cold War, from the reconstruction of Europe and containment to capitalist economics. But others "won" it, on their own (and our) behalf. Among them were the likes of Jacob Stetincu, all but forgotten in his grave…

`DRUDGEREPORT: Bankruptcy Filings Increase 32%... PAPER: How America is losing the free world...AIRPORTS ABROAD IGNORE OBAMA DEMANDS'Obama effigy' found hanging in Georgia... Gang signs overtake Chicagoland...`

Editorial: Stain on US justice Iraq: U.S. Blackwater case dismissal “unacceptable”

Editorial: Spoilt child, indeed Arab News The international community’s pandering to israel has indeed helped it in waging war but not in making peace. Foreign Minister Prince Saud Al-Faisal’s statement that Israel is a “spoilt child…? Is that the best they can do/say? ...

Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!”

How Stupid Do They Think We Are? …Very Stupid!…

US Government Complicit In Detroit Bombing Attempt….. Bruce Sargent | This story employs classic CIA procedure of what to do when caught in a lie. You admit a little of the truth and redirect the lie. Full-Body Scanners to Fry Travelers With Radiation NoWorldSystem | Virtually all passengers and airline crews in the U.S. may soon be forced to submit to compulsory, whole-body X-ray exposure.

Welcome to Orwell’s World 2010 John Pilger | Obama’s most audacious lie is that Afghanistan today is a “safe haven” for al-Qaeda’s attacks on the West. ‘US readying paralyzing Iran sanctions’

Intel: US missile kills 3 in NW Pakistan (AP)

Israeli incursion into Gaza reported

Foreign activists in Gaza protest Israeli closures (AFP)

Kurt Nimmo | “It is time to go to profiling of dangerous people,” declared the notorious neocon slob newt gingrich which means that gingrich and his fellow neocons, war criminals, etc., need to be profiled. Officials Admit Second Man Detained As More Witnesses Emerge Detroit bombing: US had received intelligence suggesting Nigerian was planning an attack Exclusive: FBI Silent On Plane Bomber’s Accomplice

Iran Nuke Document Was Forged – Just Like Iraqi “Yellow Cake” Document

Afghans burn Obama effigy over civilian deaths

8 Americans, 5 Canadians dead in Afghan attacks (AP)

BOMBSHELL: Evidence Clearly Indicates Staged Attack on Detroit Flight Aaron Dykes | CNN airs eyewitness testimony that ‘well-dressed’ Indian accomplice helped Abdulmutallab board without passport, and that an unidentified man on the plane filmed entire flight and intently focused on the bombing attempt.

Clueless Liberals and Neocons Slug It Out Over Fake al-Qaeda Kurt Nimmo | It is sad both so-called liberals and conservatives are so blindsided by propaganda and spin they cannot recognize a false flag operation when they see one. Tarpley On RT: Foiled Underwear Bomber is Intelligence Patsy Russia Today | The recent failed attack on a US passenger jet traveling from Amsterdam to Detroit was a set-up provocation controlled by US intelligence. Ben Stein the comic/faux entertainer calls Ron Paul antisemitic on Larry King Marc Gallagher | Stein’s reaction is quite reminiscent of Rudy Giuliani’s reaction during that first debate back in 2007.

The Decade Of Tyranny During the first nine years of the new millennium we have been witness to a rapid erosion of freedom. Our basic liberties have been systematically denigrated and diluted by a vast expansion of coordinated global tyranny. Ron Paul Says Agenda Behind Bombing Incident Is More War, More Attacks On Liberty Congressman Ron Paul fears that the agenda behind the Flight 253 bombing incident is to expand the war on terror into Yemen while stripping Americans of more liberties, warning that it’s time people woke up and realized that the government cannot guarantee their safety.

Putin attacks US missile defense as obstructing treaty e

Iran issues 'slap' warning to UK

A courageous man who doesn’t just talk the talk and is more a Christian than the american neocons, bush, wobama, et als. Israel's nuclear whistleblower Vanunu detained (AFP) …"He was arrested for talking with a foreigner," Rosenfeld told AFP.YNet News said Vanunu was arrested at a Jerusalem hotel during a meeting with a Norwegian.Vanunu was jailed in 1986 for disclosing the inner workings of Israel's Dimona nuclear plant to Britain's Sunday Times newspaper. Since his release in 2004, he has been detained several times for violating the terms of his parole which ban him from travel or contact with foreigners.Israel is widely believed to be the only nuclear power in the Middle East, with around 200 nuclear warheads, but has a policy of neither confirming nor denying that.The Jewish state has refused to sign the nuclear Non-Proliferation Treaty or allow international surveillance of Dimona, in the southern Negev desert.Vanunu became an international cause celebre during his time in prison. At home, he is still widely reviled for converting to Christianity shortly before he was kidnapped in Italy and jailed after being covertly shipped back to the Jewish state…At home, he is still widely reviled for converting to Christianity shortly before he was kidnapped in Italy and jailed after being covertly shipped back to the Jewish state.

Famed investor says stocks on 'sugar high'... Mohamed El-Erian, chief executive of giant bond manager Pimco. The investor says the recovery may be gaining steam but is no different than a kid who eats too much candy at one of the birthday parties his 6-year-old daughter attends. "We're on a sugar high," El-Erian says. "It feels good for a while but is unsustainable."His point: This burst of economic activity fed by government spending and near-zero interest rates will soon peter out.As CEO at Newport Beach, Calif.-based Pimco, El-Erian, 51, oversees nearly $1 trillion in assets, more than the gross domestic product of most countries. So when he talks, people listen…What he's saying now:

· Stocks will drop 10 percent in the space of three or four weeks, bringing the Standard & Poor's 500 index below 1,000 - though he's not predicting when.

· The unemployment rate will be hovering above 8 percent a year from now.

· U.S. gross domestic product will grow at an average 2 percent or so for years to come - a third slower than we're used to.

…"I'm calling it as I see it," he says. "I'm not optimistic or pessimistic - I'm realistic."

AP: Ponzi collapses nearly quadrupled in '09 (AP) It was a rough year for Ponzi schemes. In 2009, the recession unraveled nearly four times as many of the investment scams as fell apart in 2008, with "Ponzi" becoming a buzzword again thanks to the co... NY Times’ Krugman Sees ‘Reasonably High Chance’ Economy Will Contract “The things we know about are all gonna be negative in the second half of next year.” Al Gore’s Website Covers UN’s World Currency Coins Current_ | “Replacing the dollar with a bullion currency would solve some of the problems related to the potential of countries running large deficits and would help stability.” War on Wall Street as Congress Sees Returning to Glass-Steagall Bloomberg | A one-page proposal gaining traction in Congress could turn back the clock on Wall Street 10 years, forcing the breakup of banks, including Citigroup Inc. Small-business bankruptcies rise 81% in California The Obama administration’s new plan to give a boost to small businesses reflects continued trouble in that sector, which is facing new failures even as much of the nation’s economy is stabilizing.

Market moves and the lunatic fringe IMPLODING equities, exploding credit default swaps, soaring gold and slumping oil — if, at any time over the past 18 months, it seemed that markets were in the grip of lunacy, it may be because investors are, technically, lunatics. Sprott Calls The Fed “A Ponzi Scheme” As Half A Trillion In Treasury Purchasers Are Unaccounted For Here is the recent missive from Sprott Asset Management (written by Eric Sprott & David Franklin). It is a tad long but well worth the read. It basically explains plainly what is going on behind the Fed’s curtains to fund the massive US deficit. At first it seems that the common US household is stepping up and lending Uncle Sam the almost $2 billion. Regulator approves millions for Fannie, Freddie execs The top U.S. housing regulator said on Thursday it approved multimillion dollar pay packages for the chief executives of mortgage giants Fannie Mae and Freddie Mac.

Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury.…That’s why we are calling it: Breaking Point 2010!”

Congress raises debt ceiling to $12.4 trillion...

Obamacare Income Tax Surcharge Unconstitutional Phil Hart | If you want Obamacare, stay ignorant. AP - Health insurers get some big presents in the Senate's health overhaul bill — about 20 million new customers and no competition from a new government plan. This is still quite amazing to me in the absence of the public option yet mandated premium payments. I believe this will end quite badly and is merely a diversion from/obfuscation of america’s defacto bankruptcy and the defacto insolvency of ie., medicare, social security, etc.. Johanns: Health care bill unconstitutional Senator Mike Johanns today voted in favor of a Point of Order declaring that the Senate health care reform bill is unconstitutional, and that Congress lacks the authority to pass the bill into law. Dems Will Reconcile Senate and House Obamacare Bill Versions Behind Closed Doors Kurt Nimmo | We are now witnessing what Lenin called “totalitarian democracy.” Compulsory Private Health Insurance: Just Another Bailout of the Financial Sector? Ellen Brown | Compulsory health insurance is like compulsory selective military service (the draft), except that all of our numbers have come up. Dodd Says You Will Learn to Love Obamacare Kurt Nimmo | Americans are slavering idiots who have no idea what is good for them and it is only a matter of time before they “warm” to this draconian legislation that mandates at gunpoint they buy insurance from a large corporation.

London Student in Plane Bomb Bid ABC News named the suspect as Abdul Farouk Abdulmutallab, 23, who was said to be an engineering student at University College of London. The man set off a firecracker on Northwest Airlines Flight 253, an Airbus 330 carrying 278 passengers.

New Jersey: Gang Of 11 Savagely Attack 8th Grade Honor Student... …. The victim, who is Hispanic, suffered severe injuries, and it was possible he may lose sight in one eye…The incident, which occurred near the Janis Dismus Middle School school soccer field, was so violent that 13-year-old David Muneton needed reconstructive surgery to his face to correct several broken bones…THEY START YOUNG IN PERVASIVELY GANGLAND JERSEY WHERE THE MOB IS INTO EVERYTHING; VIZ., GOVERNMENT, COURTS/ILLEGAL SYSTEM, BUSINESS, ETC.!

Hillary Clinton: We’ll Still Be In Afghanistan in 50 or 60 Years On December 1st, President Obama talked about withdrawing U.S. troops from Afghanistan within 18 months.

Palestinians lose all hopes while israel defies world opinion Hassan Tahsin | Arab News Israel has been behaving like a street bully in its dealings with its Arab neighbors ever since the state was thrust into the midst of the Arab world by the Western powers.

Egypt’s presence in Iraq would ‘create balance’ AFP | Iraqi Foreign Minister Hoshyar Zebari called for a stronger Egyptian presence in Iraq to create balance in his country. Mahmoud Ahmadinejad says US fabricated nuclear documents Guardian | Ahmadinejad dismissed a year-end deadline set by the US for Iran to accept a UN-brokered deal to swap enriched uranium for nuclear fuel. Ron Paul: Foreign Policy Has Been Ignored Campaign for Liberty | It is in the interest of the neocons to stir up trouble between Iraq’s Sunnis and Iran’s Shiites. Stunning Statistics About the War That Everyone Should Know Jeremy Scahill | Overall, contractors now comprise a whopping 69% of the Department of Defense’s total workforce.

Israel not interested in peace: Syria's Assad (Reuters)

`Chicago Shuts Down To Save Cash...` Unemployment funds going ‘absolutely broke’ MSNBC | The shortfalls are putting pressure on governments to either raise taxes or shrink the aid payments. Report: Nearly 50 percent of Detroit’s working-age population is unemployed The unemployment rate in Detroit fell slightly last month to 27 percent, according to preliminary data from the U.S. Bureau of Labor Statistics. Health Care Bill Is A Huge Tax Heist Obama’s Latest Health Care Lie The Fed is a Fascist Cartel Nelson Hultberg | The Federal Reserve, in my opinion, should not be classified as a private corporation. It should be termed a government-run fascist cartel. Economists Are Trained to Ignore the Real World Banks with political ties got bailouts, study shows Collapsed Lehman pays out big bonuses

Poll Reveals Mass Unrest Amongst Americans A new poll reveals that the vast majority of Americans are dissatisfied with president Obama’s performance in office, with almost two thirds voicing opposition to the government healthcare bill and a majority also indicating they believe political corruption is rife.

EU/IMF Revolt: Greece, Iceland, Latvia May Lead the Way Ellen Brown | Europe’s small, debt-strapped countries could follow the lead of Argentina and simply walk away from their debts.

Monkey/human relative to be sent as goodwill ambassador to Mars Although the ape will be looked after by a robot on the mission, the decision is expected to spark controversy with animal rights groups who feel such a close human relation deserves more including residuals for the stock movie footage they’ll use.

Report: U.S. Responsible for Dramatic Expansion of Afghan Opium Trade Asia Times Online | The United States and its Afghan allies bear a large share of responsibility for the drug industry’s dramatic expansion since the invasion. The Elephant in the Room: The U.S. Military is One of the World’s Largest Sources of C02 By every measure, the Pentagon is the largest institutional user of petroleum products and energy in general. Yet the Pentagon has a blanket exemption in all international climate agreements.

Obama, the Deficit, and Monopoly Money Kurt Nimmo | Obama is merely reading from the teleprompter and performing duties assigned by the bankers.

Greek PM, Bilderberger at Copenhagen: “We are Observing the Birth of Global Incompetence”

Jurriaan Maessen | “This is global disaster and incompetence in the making. But we must agree, and agree to a binding commitment.” Oz anti-censorship site is censored The 90-Minute Stand Down on 9/11: Why Was the Secret Service’s Early Request for Fighter Jets Ignored?

Nearly 60 percent Say President Obama’s Decisions ‘Bad for America’ CNSNews | A majority of americans believe an increased government role in health care would lead to more government corruption which of course is true except corruption in u.s. government and u.s. private sector is so pervasive that to point to corruption in one is a distinction without a difference. Feingold slams Obama for losing public option which, truth be told, was the essence of what was to be purportedly accomplished

US air raids kill 63 civilians in Yemen Obama Ordered U.S. Military Strike on Yemen Palestinian officials accuse Israel of organ harvesting Palestinian officials on Sunday accused Israel of harvesting organs from Palestinians killed by the Israeli army years ago.

Regulators shutter 2 big Calif. banks, 5 others (AP) Hedge Fund Mortality Approaching 30%

Majority of Americans believe U.S. in decline and surprisingly, they are right again!

Panic in Detroit: Unemployment Stands at 50% Infowars | Nearly one out of two workers in Detroit are unemployed, according to a report by The Detroit News. Long List of Economists Warn Against Federal Debt Spending Infowars | The 2009 near-term “stimulus” has proven to be an inefficient spur to job creation and does not merit repeating. Jobless Claims in U.S. Unexpectedly Increase Bloomberg | More Americans than anticipated filed first-time claims for unemployment benefits last week.

Man Quits Job Over Water Fluoride Morning Bulletin | Graham Demeny said he questioned the safety of adding fluoride to the city’s water supply and ethically wasn’t prepared to do the job.

Death Of The Internet: Censorship Bills In UK, Australia, U.S. Aim To Block “Undesirable” Websites which translated means those sites which set forth truth unavailable through the censored controlled media

peter schiff, Just Another Lying Zionist Neocon Fraud, Advocates Neocon Foreign Policy Kurt Nimmo | If he sincerely believes in neocon gunboat diplomacy, the people of Connecticut should reject his Senate bid.

louie freeh, dubbed by former prosecutor Larry Klaiman of Judicial Watch as the most corrupt FBI Director in history, is recently a new italian citizen (italy, a place to hide possible bribe/hush money? There was certainly high level italian among other mob including corrupt federal government employees/judges/us attorneys/assistant us attorneys involved in the matters I forwarded to him and his---RICO case) ...

DRUDGEREPORT: Blizzard Dumps Snow on Copenhagen as Leaders Battle Warming... More on the way; Temps set to drop even further... `New jobless claims rise unexpectedly...` `House approves $290 billion increase in debt limit...` `Obama signs $1.1 trillion spending bill...` `House approves $155 billion for 'jobs'...` `NBCNEWSWSJ POLL: Americans Souring on Democrats...` `greenspan, late as always, warns of threat from record deficit...`

Time to nail the Iraq lie Aijaz Zaka Syed | Arab News How right Edward Gibbon was when he said history is little more than the register of crimes, follies and misfortunes of mankind. But perhaps no register is enough to chronicle the crimes double-speaking...

Financial Crisis Perpetrator Bernanke Hailed As World’s Saviour By that Paltry, Inconsequential (disseminator of recycled, censured, and controlled news) and essentially defunct magazine TIME In a world where those vastly escalating war are awarded the Nobel Peace Prize, it makes perfect sense to award the Federal Reserve chairman with person of the year. Congratulations Ben Bernanke! (Robber Baron Of The Year) Dear Chairman, Congratulations on Time’s Top Tick of your career. With a 79% disapproval rating, you are now one of the least deserving Men of the Year.

Report: U.S. Responsible for Dramatic Expansion of Afghan Opium Trade Russian Correctly Blames West For Heroin Rise

UN Chief: We Will Impose Global Governance Rothschild Rues Difficulty Of Activating “Global Governance Agenda” At Copenhagen

UK House of Lords Follow China and Australia, Propose Internet Censorship Bill Kurt Nimmo | A free and open internet is enemy number one for government around the world since it is the only medium for dissemination of truth. UK House of Lords Follow China and Australia, Propose Internet Censorship Bill

Beijing tightens its grip on the internet Financial Times | China has banned individuals from registering internet domain names in Beijing’s toughest move so far to tighten online censorship.

Fox News Covers Mass Drugging of Society with Lithium Kurt Nimmo | Fox News doctor does not address the moral issue of forcibly drugging a population into submission. As the Motherland Goes, so Goes Australia David Kramer | It looks like the nanny state of Great Britain is wending its way into one of its “colonies.”

When Did “Special Ops” Become Kidnapping, Drug Dealing, Torture and Political Dirty Tricks? Federal Judge in Germany: Numerous 9/11 Fact-based Scenarios Screaming For Investigation 9/11 Video.de | Federal Judge Dieter Deiseroth: It is very unfortunate that the media are not prepared to face the issue of 9/11 and ask the unsanswered questions

DRUDGEREPORT: National debt now above official debt limit...
Obama signs $1.1 trillion spending bill...

PELOSI: NO HEALTH CARE DEAL THIS YEAR
BIG SCARE: OBAMA WARNS USA 'WILL GO BANKRUPT' WITHOUT HEALTH BILL WHICH IS JUST POLITICAL COVER SINCE USA IS ALREADY DEFACTO BANKRUPT...

Editorial: Warrant for Livni Arab News It seems Israel’s former foreign minister and now opposition leader Tzipi Livni would have been arrested on war crimes charges under a warrant issued in the British courts, had she gone ahead with... Saud raps US backing for IsraelAgencies RIYADH/RAMALLAH: Foreign Minister Prince Saud Al-Faisal said that US backing for Israel gave the Jewish state the option of not making peace. In an interview published in the International Herald... Editorial: Attack on Berlusconi Arab NewsTo outsiders, Italian Premier Silvio Berlusconi is one of the least prepossessing of world leaders. His boorish manners, fatuous pronouncements, dubious personal conduct and the corruption allegations which is typical of italy and wops generally which is why louie freeh, dubbed by former prosecutor Larry Klaiman of Judicial Watch as the most corrupt FBI Director in history, is recently a citizen italy (a place to hide his bribe money?) ...

Shadowstats’ John Williams: Prepare For The Hyperinflationary Great Depression Foreclosure buyer demand dips as supply mounts (Reuters) Producer prices jump, factory reports negative (Reuters)

Pillaging the Average American: Wall Street Paying Back Bailouts with Bailouts My Budget 360 | The Federal Reserve has been the biggest player in the $14 trillion bailout. Goldman faces lawsuit over anticipated bonuses (Reuters) Geithner uses same techniques and creative accounting he used at NY fed to disappear $4 trillion and says: TARP to earn healthy profit for U.S . Is anybody foolish enough to believe anything they say? Who’s holding the worthless paper in the trillions? Somebody is paying or will be paying for the fraud and that is not and won’t be the frauds? (Reuters) Airline stocks fall after IATA predicts wider loss Reuters | Government will need to make such painful changes by 2012 in order to keep debt at a manageable 60 percent of GDP by 2018. Putting Obama on Hold, in a Hint of Who’s Boss Wamu asks to probe Fed over collapse (Reuters)

DECIDEDLY SPECULATIVE: JOHN HUSSMAN'S COMMENTARY AND MORE ValidFi John Hussman's weekly comment on 12/14/2009: "Any virtue of stocks here is decidedly speculative. Stocks are overvalued to a level from which uninspiring returns have always followed. That fact is true regardless of whether or not the economy is in a sustainable recovery..." [full commentary here]. Hussman has been negative since September of this year. Recently, however, he has adopted a slight speculative stance on the US stock market through call option exposure. Based on his commentary and our estimate here, the stock exposure beta of Hussman Strategic Growth Fund HSGFX is less than 10%. The following are some key points from his above commentary:

Obama bags Peace Prize while his lawyers are ‘gutting’ Nuremberg Raw Story | DOJ attempting to block lawsuit brought against torture author John Yoo by Jose Padilla.

UN Goons Silence Journalist Who Questions Gore On Climategate

Blair’s “love of power” took Britain to war in Iraq ‘Sycophant’ Tony Blair used deceit to justify Iraq war UK HEALTH CARE: Babies put at risk by understaffed wards, sinking into chaos. Mothers drugged to keep them quiet... US military-run Iraq jail an al-Qaeda ‘recruiting center’ Iraq: Foreign hands behind Baghdad blasts Car bombers strike central Pakistan, Afghanistan

Israeli politicians' fear of legal action guardian.co.uk Tzipi Livni's refusal to enter Britain because she fears arrest on war crimes charges increases the number of Israeli ministers and ex-ministers who fear legal action, and is to be welcomed (British court issued Gaza arrest warrant, 15 December).

israeli police officer beaten, injured by israeli settlers (AP)

`Top Economic Adviser: 'Of Course' Recession Isn't Over...` Goldman Sachs played bigger role in AIG trades: report (Reuters) The Fed’s “Independence” Argument Is False The House has passed a bill to audit the Federal Reserve. 79% of the American people support a full audit.

`'Welcome to Obamaville' Sign Marks Colorado Homeless Tent City...` Another ‘Obamaville’ Sign Posted near Camped Out Homeless `UPDATE: us government plans nearly $2 trillion debt limit hike...` RASMUSSEN POLL: Obama Job Approval Falls to New Low Forty-two percent (42%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -18.

PRINCE WILLIAM TO SHARE QUEEN'S DUTIES – HOW EMBARASSING AND AWKWARD FOR THE LITTLE PRINCE INASMUCH AS THE CROWN WAS BEHIND THE DEATH OF HIS OWN MOTHER, DIANA …..AS

Taxing is causing exodus Britain’s financiers and entrepreneurs are leaving the country at the rate of 10 a week to avoid rising taxes, it has emerged.

`O'Reilly slams 'LAW & ORDER' after being called a 'cancer'/cancerous polyp/pervert/phone sex aficionado/etc., though true ...` The Vision of the Founders: Dead and Gone Kevin R.C. Gutzman | The Bill of Rights should be mourned, not celebrated. It is defunct.

MI6 chief: Pitiable war led to Iraq militancy

Major South Jersey drug ring is broken PHILADELPHIA Authorities announced Friday the break-up of a large, multi-state drug trafficking operation which brought narcotics from south of the border deep into the heart of South Jersey.

The Climate Change Propaganda Machine In the last several weeks we have learned several new facts about climate change research. First, climate scientists’ motives are biased. `NYT: Bloomberg flying to UN climate summit 'by private jet...ranks among worst individual polluters ever to hold public office'...`

Obama is a Creature of Wall Street Matt Taibbi | Obama’s gang of Wall Street insiders counted on idiot voters last November. Be Afraid, Be Very Afraid of Obama's Latest Big Brother Plan Ron Paul Warns That Nightmare Big Government Healthcare Bill Will Pass Texas Congressman Ron Paul warned Friday that the draconian healthcare bill currently in legislative progress looks extremely likely to pass, an eventuality that would deliver a great blow for freedom in the face of big government.

wobama Declares War On Pakistan

DRUDGEEREPORT: Dems against Dems in Health Care fight...
RASMUSSEN POLL: Obama Job Approval Falls to New Low at 44%...
Obama summons Senate Dems to WH on Tuesday...

`D.C. hands out $15M in bonuses despite recession, budget...`
`Federal Employees Owe Uncle Sam $3 Billion in Unpaid Taxes...`

Editorial: Unsettling facts regarding israeli crimes

Joyce warns of US ‘Armageddon’ THE OPPOSITION finance spokesman, Barnaby Joyce, believes the United States government to default on its debt

Obama Really Preparing For Civil War Chuck Baldwin | Wall Street and Russian analysts know something that we don’t know…The EU Times article continues by saying, “To the fears of Obama over the United States erupting into civil war once the full extent of the rape and pillaging of these peoples by their banks and government becomes known to them, grim evidence now shows the likelihood of this occurring much sooner than later.”… Fed Employees Routinely Make Six Figure Salaries | The number of federal workers earning six-figure salaries has exploded during the recession.

Ron Paul: War-monger Obama should have returned Nobel Award Obama bags Peace Prize while his lawyers are ‘gutting’ Nuremberg and Escalating War Raw Story | DOJ attempting to block lawsuit brought against torture author John Yoo by Jose Padilla.

Blackwater ‘became an extension’ of the CIA: report The role of Blackwater employees in the Iraq and Afghanistan wars was so central to the US’s efforts that the lines between the controversial security contractor, the CIA and the military were effectively “blurred,” says a report in the New York Times.

DRUDGEREPORT: TIGER TAKES WHAT SHOULD BE PERMANENT BREAK
`AS THE GOLF BALL TURNS:`
`British court blocks Tiger Woods photos...`
`SHOCK: I set up Tiger's orgies...`
`Defense of tiger ends with the orgies with hookers`

Commentary: I personally felt compelled to defend the tiger against the onslaught and did so, reminding some that he had committed no crime. That he might have filled in some gaps with relationships, extra-marital though they might have been, the benefit of the doubt went to him considering the complexity of his life and the sacrifice of his childhood which seemed on the surface to have had little overt impact on him to my personal amazement. However, the romps/orgies with paid hookers in this era of aids, etc., must be viewed as insecurely obsessive, sordid, and somewhat disgusting, and has revealed that his lack of a balanced childhood did not leave him unscathed. He is truly in need of substantial psychotherapy.

Occupiers set fire to West Bank mosque

Emergency Jobless Insurance Claims Surge By Most Ever In Prior Week Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg | Recipients of the subsidy for retail-food purchases climbed 18 percent from a year earlier. Emergency Jobless Insurance Claims Surge By Most Ever In Prior Week The number you won’t hear mentioned anywhere in the Mainstream Media: 327,729. That is how many people shifted to Emergency Unemployment Compensation programs in the last week alone.

Giant Banks Are Trying to Make Bailouts Permanent Washington’s Blog | Unless we break up the too big to fails, they will again make speculative gambles that drive them into insolvency. Ron Paul’s Fed-Bashing Wins Over Lawmakers Wary of Bank’s Power

Canadian Newspaper Calls for Malthusian Global Population Reduction Policy Kurt Nimmo | China’s draconian eugenics program is supported the Rockefellers, a clan of infamous eugenicists. On Russia Today: Obama’s peace prize is a joke Russia Today | Barack Obama accepts the Nobel Peace Prize as he plans to expand the war in Afghanistan and continue many of George W. Bush’s policies.

Analysis: wobama's case for war in support of peace War-mongering dictators throughout the ages have used similar rhetoric…..e The Associated Press - Steven R. Hurst -WASHINGTON - Barack Obama split the difference in his Nobel speech, laying down a doctrine that will likely define his presidency: a steadfast defense of warfare against evil, praise of nonviolence and exhortations for mankind to affirm the "spark of ... Norwegians Rally for Ron Paul, Oppose Obama Nobel Peace Prize Video: Obama's 'just war' and Nobel prize - 11 Dec 09 Obama's Nobel 'a little early', says Master of the Understatement Dalai Lama Times of India Kucinich plans to force vote on US withdrawal from Afghanistan Copenhagen’s Implications for American Sovereignty Organized Crime in Charge of EU Carbon Trade, Europol Says EUXTV | Europe’s top police body Europol has exposed a massive fraud with the official market in carbon credits, the Emission Trading System. Science According to Al Gore: Earth Interior “Millions of Degrees” Kurt Nimmo | Al Gore is a carnival huckster for the globalist movement peddling junk science and has no idea what he is talking about.

Chomsky says Israel, ‘US military base’ Renowned American sociopolitical analyst Noam Chomsky says Israel functions as Washington’s main weapons storage base in the Middle East and also surrogate terrorist state.

Gates claims victory near in Afghanistan …riiiiight…if wishing only made it so… Despite record-high violence and an increasing number of casualties, US Defense Secretary Robert Gates says the war in Afghanistan is moving in the right direction and towards success. Gates to Afghans: US `in this thing to win' … riiiiight … Win What? That the us is there at all is a loss regardless of the so-called goals therein which is mere rhetoric, particularly since the nation is defacto bankrupt! (AP) There is no victory to be had for u.s. domestically, economically, internationally, and geo-politically vis-à-vis Afghanistan. Don’t people in america get tired of the u.s. fraud and bull s**t? Don’t they along with the rest of the world feel like fools? Editorial: Afghan surge … Obama has proved himself a considerable orator (jive-talker), but his rhetoric Tuesday as he addressed the nation from West Point edged toward the desperate. Perhaps his most alarming phrase, alarming for its vapidity, was “Right is Might.”… This is an ethnically diverse country which has never been dominated for long by any outside power. Indeed its very diversity has made it hard even for Afghans to rule it. The Soviet Union, with far more troops than NATO has today … tried and failed for 10 long and bloody years to crush a rebellion against the puppet government it had installed. The Karzai administration, born of the original post-Taleban Loya Jirga and subsequent fair elections, may have had more legitimacy. Unfortunately for many Afghans the shambles of the rigged presidential election and the rampant corruption have destroyed their faith in the Kabul government... DER SPIEGEL: 'Never before has a speech by President Barack Obama felt as false'... KEEP IN MIND: Robert Baer: What We’re Up Against In Afghanistan Is A “War Of National Resistance” “The people that want their country liberated from the West have nothing to do with Al Qaeda,” Baer says. “They simply want us gone because we’re foreigners, and they’re rallying behind the Taliban because the Taliban are experienced, effective fighters.” AND america’s defacto bankrupt. Obama’s Troop Increase Means He ‘Owns’ Afghan War U.S. official resigns over Afghan war; No longer knows why his nation is fighting... NY Times: Afghan Opium Kingpin On CIA Payroll Paul Joseph Watson | But exposé serves as little more than a whitewash because it fails to mention decades-long U.S. agenda to support lucrative Golden Crescent drug trade A bombshell article in today’s edition of the New York Times lifts the lid on how the brother of Afghan President Hamid Karzai, a suspected kingpin of the country’s booming opium trade, has been on the CIA payroll for the past eight years. However, the article serves as little more than a whitewash because it fails to address the fact that one of the primary reasons behind the 2001 invasion of Afghanistan was the agenda to reinstate the Golden Crescent drug trade. The Bush-Obama War Now it’s Barack Obama’s war. After campaigning against “George Bush’s War” in the Middle East, Obama has escalated that war. Petraeus Says War In Afghanistan Is Likely to Be Tougher Than Iraq Fight...Sounds like the words of another american genius/strategist. Don’t forget, some corrupt war profiteers / companies / individuals got fabulously wealthy while defacto bankrupt america and the utterly destroyed Iraq got fabulously poorer.

USA, U.K. AAA Ratings May Be Tested as Finances Deteriorate... Greece downgraded over high debt...

U.S. already $292 billion in the red this year Reuters | In October and November, the government spent $292 billion more than it took in, the nonpartisan Congressional Budget Office said. Obama Says We Are Spending Our Way Out of the Recession…Riiiiight!…Sounds like a plan…

Cap and Trade is a Goldman Sachs and Enron Scam NoWorldSystem | Enron, one of the most corrupt gangsters besides the Goldman Sachs mafia also take part in this new carbon-credit scheme. Woman Who Invented Credit Default Swaps is One of the Key Architects of Carbon Derivatives, Which Would Be at the Very CENTER of Cap and Trade She is the JP Morgan employee who invented credit default swaps, and is now heading JPM’s carbon trading efforts.

Depression Good for Reducing Carbon Emissions Kurt Nimmo | Commoners in “rich nations” will be forced into a New Dark Age.

DRUDGEREPORT: AS THE GOLF BALL TURNS:
GATORADE drops Tiger drink...
All Tiger Woods Ads Withdrawn by Marketers From Prime-Time...
Woods' mother-in-law released from hospital...
Police suspected Tiger drank alcohol on day of crash...
Denied Blood Sample...
11 Women Linked...
PLAYGIRL on X-Rated Tiger Shots: 'We're Trying to Authenticate Them'...
`USA, U.K. AAA Ratings May Be Tested as Finances Deteriorate...`
`Greece downgraded over high debt...`
`New Obama Plans: 'Spend Our Way Out' Of Downturn...`
`Predicts $30 Billion Loss on Auto Bailout...`
`FIRST YEAR: LOWEST APPROVAL OF ANY PRESIDENT ...`
`GALLUP: 47%...`
`...ONLY 26% THINK HE DESERVES NOBEL`

CBO: 2010 deficit higher than 2009 in first 2 months of year...

Rep. Conyers: President Obama told me to stop 'demeaning' him...…Obama’s move to send in 30,000 troops to Afghanistan by the summer of 2010 has clearly disappointed Conyers. He said he intends to press his case in writing soon.“I want something so serious that he has to respond in writing, like I am responding in writing to him,” he said. “Calling in generals and admirals to discuss troop strength is like me taking my youngest to McDonald’s to ask if he likes french fries,” Conyers said. Many on the left have argued that military leaders routinely respond to crises by calling for more troops. “I’ve been saying I don’t agree with him on Afghanistan, I think he screwed up on healthcare reform, on Guantánamo and kicking Greg off,” Conyers said, referring to the departure of former White House counsel Greg Craig. Craig was a leading proponent in the White House of closing the terrorist detention center at Guantánamo Bay and releasing photos of detainees undergoing torture. Closing the military prison has proven to be politically difficult, and Obama reversed field on the photos, opting not to make them publicly available.The White House did not respond to requests for comment for this article…

Gates to Afghans: US `in this thing to win' … riiiiight … Win What? That the us is there at all is a loss regardless of the so-called goals therein which is mere rhetoric, particularly since the nation is defacto bankrupt! (AP) There is no victory to be had for u.s. domestically, economically, internationally, and geo-politically vis-à-vis Afghanistan. Don’t people in america get tired of the u.s. fraud and bull shit? Don’t they along with the rest of the world feel like fools?

Editorial: Afghan surge … Obama has proved himself a considerable orator (jive-talker), but his rhetoric Tuesday as he addressed the nation from West Point edged toward the desperate. Perhaps his most alarming phrase, alarming for its vapidity, was “Right is Might.”… This is an ethnically diverse country which has never been dominated for long by any outside power. Indeed its very diversity has made it hard even for Afghans to rule it. The Soviet Union, with far more troops than NATO has today … tried and failed for 10 long and bloody years to crush a rebellion against the puppet government it had installed. The Karzai administration, born of the original post-Taleban Loya Jirga and subsequent fair elections, may have had more legitimacy. Unfortunately for many Afghans the shambles of the rigged presidential election and the rampant corruption have destroyed their faith in the Kabul government... DER SPIEGEL: 'Never before has a speech by President Barack Obama felt as false'... KEEP IN MIND: Robert Baer: What We’re Up Against In Afghanistan Is A “War Of National Resistance” “The people that want their country liberated from the West have nothing to do with Al Qaeda,” Baer says. “They simply want us gone because we’re foreigners, and they’re rallying behind the Taliban because the Taliban are experienced, effective fighters.” AND america’s defacto bankrupt. Obama’s Troop Increase Means He ‘Owns’ Afghan War U.S. official resigns over Afghan war; No longer knows why his nation is fighting... NY Times: Afghan Opium Kingpin On CIA Payroll Paul Joseph Watson | But exposé serves as little more than a whitewash because it fails to mention decades-long U.S. agenda to support lucrative Golden Crescent drug trade A bombshell article in today’s edition of the New York Times lifts the lid on how the brother of Afghan President Hamid Karzai, a suspected kingpin of the country’s booming opium trade, has been on the CIA payroll for the past eight years. However, the article serves as little more than a whitewash because it fails to address the fact that one of the primary reasons behind the 2001 invasion of Afghanistan was the agenda to reinstate the Golden Crescent drug trade.

Suspected U.S. missiles killed people in northwest region early Tuesday, intelligence officials said, as Pakistanis reeled from a day's worth of bombings that killed at least 59. Suspected?…Is that the u.s. spin?

Iraq: The war was illegal

The following appeared in the context of the Iraq debacle (despite my admonitions against said contrived conflict), equally applicable now in Afghanistan as to enablers/accomplices of war criminal nation america with wobama reprising the role of dumbya.

“Like lemmings propelled to the precipice” … As flies to a dung heap, they come to america where "rummy-dummy-dubya" appears to feel pre-ordained and destined to reprise the role of "senior" as "beelzebubush" in this modern-day, real-life (in the u.s.) equivalent of and as, "lord of the flies".

Kucinich: The War Is a Threat to Our National Security Dennis Kucinich | $13 trillion in bailouts for Wall Street, trillions for war; when are we going to start taking care of things here at home? No intention of Afghan exit in 2011: Gen. Jones The Audacity of Ethnic Cleansing: Obama’s Plan for Afghanistan Mike Whitney | Obama’s plan for Afghanistan is a carbon-copy of George Bush’s.

Obama’s Unjust Iran Policy Bill Christison | Citizens of the world had better prepare themselves for more wars, very possibly nuclear, started by the U.S. and/or Israel, in the months and years to come.

Some background on wobama explains this travesty:

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)…

ClimateGate: The Rest Of The Story In order to fully grasp the magnitude of the ClimateGate scandal, one must understand what purpose the data massaging and blackballing of conflicting science has as part of a larger agenda to use an environmental crisis for social manipulation and control. Russia Today | As world leaders come to Copenhagen to discuss climate change, it’s said that the meeting will simply result in an increase in bureaucracy and taxation. Kurt Nimmo | Colorado man told he must provide Social Security number to attend gun show event. The big irony behind top globalists descending on Copenhagen in luxury private jets and stretch limos is not just the fact that their own behavior completely contradicts their self-righteous hyperbole about CO2 emissions, but that their propaganda is vehemently supported by the very same big oil interests they accuse climate skeptics of pandering to. ‘Climategate’ shakes trust in scientists: Saudi

Rep. Issa: Obama’s refusal to investigate ‘Climategate’ emails is ‘unconscionable’ The U.N.’s decision this week to investigate whether some of its climate change research had been manipulated constitutes a “direct rebuke” of the Obama administration, Rep. Darrell Issa (R-Calif.) said Friday. Who Will Stand Up Against the Coming Global Climate Tyranny? COPENHAGEN CLIMATE SUMMIT: 1,200 LIMOS, 140 PRIVATE PLANES...

Bloomberg And Lautenberg Pair Up To Violate The Second And Fourteenth Amendments

Doctors Say Microbiologist Dr. Kelly was Murdered, Launch Legal Action for New Investigation

DRUDGEREPORT:GALLUP: OBAMA HITS NEW LOW AT 47%...

REPORT: Tiger's Wife Moves Out...
Police suspected Woods drank alcohol on day of crash...
Denied Blood Sample After Crash...

SWING: 7th woman named as mistress...
Witness told troopers Woods had been drinking...
STIMULUS MATH: $246,436 cost per job so far...
Peace Prize President to mention Afghan war in Nobel speech…and what’s he going to say, more war (in support of corrupt regime) for peace? I don’t think so! ...

Russia Annoys Israel; Russia Gets Hit On 25 November 2009 Israel made a statement about settlements in the West Bank. Israeli Police Arrest Mossad Spy on “Training Exercise” After He Placed “Fake Bomb” Under Car

Jewish occupiers set fire to Palestinian property

ElBaradei warns against Israel attacking Iran Mohammed ElBaradei, the recently retired former head of the UN nuclear watchdog, warns against an alleged plan by the Israeli government to attack Iran’s nuclear sites.

Israeli stalling blocks Shalit deal: Hamas (AFP) - AFP - Israeli objections to releasing certain prisoners are blocking a swap deal in which an Israeli soldier captured three years would be freed, an official of the Palestinian movement Hamas said on ... Israel closes sole oil and gas terminal on Gaza border (The Christian Science Monitor)

Poll Says Americans Less Supportive of Afghan War than CFR Af-Pak War Racket: The Obama Illusion Comes Crashing Down

Weekly Market Recap: Back in Bubble Mode Mythical Green Shoots and the Big Government Lie on Unemployment Six more U.S. banks closed (Reuters) AmTrust Bank puts $2 billion dent in FDIC fund Latest round of bank failures brings 2009's total to 130....

[$$] Watch for a Broad Market Pullback Desperate Obamanoids Cite al-CIA-duh to Justify Afghan Escalation Kurt Nimmo | It’s another example there is absolutely no difference between the Bush and Obama administrations, the lamentations of Dick Cheney not withstanding. Sen. Sanders Attempts to Block Fed Mob Boss Second Term Kurt Nimmo | Sanders and other Congress critters need a better understanding of the criminal bankster cartel.

Russia has no evidence of Iran nuclear bomb-Putin

Tel Aviv ruining hopes for peace: EU

Reich: Don't Expect Lost U.S. Jobs to Return Recent World Events Indicate Impending Market Chaos Giordano Bruno | Recent events across the globe indicate more and more that our predictions for 2010 were correct. Gold Rises to a Record on Stronger Demand for a Currency Hedge Bloomberg | Gold surged to a record for a second day as investors stepped up purchases to protect their wealth against fiat currencies.

Europe's Secret (and israel’s not so secret) Nuclear Weapons: What Should NATO Do? Where’s the beef with Iran? (Time.com) - Not many people know that four non-nuke states in Europe host nuclear bombs and have air forces ready to drop them.

Israel strips more Arabs of residency

Israeli Police Arrest Mossad Spy on “Training Exercise” After He Placed “Fake Bomb” Under Car

A troop surge can only magnify the crime against Afghanistan Guardian | This week’s announcement of upwards of 30,000 more troops to Afghanistan will have tragic consequences.

`GALLUP: Obama Approval on Afghanistan at 35%...` Obama orders 30,000-troop buildup in Afghanistan (AP) FACT CHECK: Obama overlooks some tough realities (AP) - President Barack Obama's speech Tuesday night did not always match the reality on the ground in Afghanistan. Obama’s Speech at West Point on Afghanistan: What He Dare Not Tell Us Ron Larsen | What Obama will not tell us is that additional troops are needed to guard the opium poppy fields.

Iraq: The war was illegal Brian Brady | Tony Blair will be quizzed over a devastating official memo warning him that war on Iraq would be illegal eight months before he sent troops into Baghdad.

Climate Change Ringleader Phil Jones to Step Down Kurt Nimmo | CRU’s Phil Jones will step down from his position as director of the unit that cooked climate change data to hide global cooling.

Key Democrat Calls Afghan Troop Surge 'Fool's Errand'…This statement really is too true...

Senator Levin Perpetuates Lies About Afghanistan Invasion Kurt Nimmo | Democrats and Republicans are on the same page when it comes to the occupation of Afghanistan. Veteran Attacks Cindy Sheehan KTNV | Anti-war activist Cindy Sheehan, along with other protesters stood outside Nellis AFB, chanting in opposition to President Obama’s plan to deploy an additional 30 to 35 thousand troops to Afghanistan. A troop surge can only magnify the crime against Afghanistan NATO commanders wore Nazi regalia in Afghanistan

Iraq inquiry: war ‘not legitimate’, Sir Jeremy Greenstock tells inquiry MSNBC Cancelled Jesse Ventura For His Opposition To War In Iraq

Lord Monckton: Shut Down The UN, Arrest Al Gore Paul Joseph Watson | Anti-climate cult crusader calls for world to rise up against communistic killers behind global warming fraud. Climategate Master Criminal Phil Jones Collected $22.6 Million in Grants Climategate: The Silence is Deafening from the Corporate Media

4 police officers shot dead in ambush at Wash. state coffee house...

DRUDGEREPORT: TIGER WOODS CANCELS MEET WITH POLICE...
Statement...
TMZ: Cops Pursue Warrant...
Withdraws from tourney...
UN DIGS IN ON CLIMATE 'FRAUD'

Pelosi spends $2,993 on flowers...

7 stories Obama doesn't want told...
Chicagoland: Nine Dead In Bloody Holiday Weekend...
Dubai debt worries linger...
Key Democrat Calls Afghan Troop Surge 'Fool's Errand'…This statement really is too true...

Case-Shiller Still Predicts Massive 45% Fall from Today’s Values Dubai Woes May Escalate to ‘Major Sovereign Default,’ BofA Says DUBAI IN DEEP WATER Fed predicts high jobless rate through 2012 US Mint to Suspend American Eagle Gold 1-Ounce Coins Because of Depleted Inventories Gold price plunges amid Dubai debt fears US online ad revenue down 5.4%... Dubai Balks at Debt Payment, Rattles Global Markets Telegraph | Investors spent the morning digesting the news that Dubai World, the government investment company with $59bn of liabilities, is seeking to delay repayment on much of its debt. Dubai is shaking investor confidence across the Persian Gulf after its proposal to delay debt payments risked triggering the biggest sovereign default since Argentina in 2001. Assessing fallout of Dubai’s credit disaster

The 10 major cities in the Standard & Poor’s/Case-Shiller home price index have risen 5% from their April low, but the index is still predicting a massive 45% fall from today’s values. Jim Rogers: Gold Price to Double in Coming Months CommodityOnline | His latest forecast: gold will touch double the current price—around $1,150. Meaning, Rogers says gold will surge to $2,300 per ounce in the coming months. Recession ‘is even worse than feared’: Chancellor predicts steepest slump ever Mail Online | The recession is proving even deeper than feared, Alistair Darling will admit in next month’s Pre-Budget report. Dollar hits 14-year low against yen AFP | Gold scored yet another record high, breaching 1,195 dollars an ounce as the US currency waned.

The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed...

WAVE OF DEBT PAYMENTS FACING DEFACTO BANKRUPT U.S. GOVERNMENT...

RASMUSSEN Obama Poll Drops to New Low: 45% Fed predicts high jobless rate through 2012

Gold hits fresh high as dollar resumes its slide...

Dean Shock: ObamaCare Is Trillion Dollar, No Reform, Harmful Bailout But… Obama Lies Again – Supports Lautenberg Gun Ban What Happened to the U.S.A.? Clotheslines Are Illegal

Robert Baer: What We’re Up Against In Afghanistan Is A “War Of National Resistance” “The people that want their country liberated from the West have nothing to do with Al Qaeda,” Baer says. “They simply want us gone because we’re foreigners, and they’re rallying behind the Taliban because the Taliban are experienced, effective fighters.”

New Zealand Climate Data Shows Clear Evidence Of Fraud CNN Finally Does Their Propaganda Piece On Climate Gate The issue is spinned as Republican vs Democrat, not that humanity has been subject to the greatest fraud in history

Global warming fraud uncovered East Valley Tribune - ‎SCANDAL HEATS UP: A rainbow is visible looking west from Palm Springs, Calif., next to an array of wind turbines. As world leaders prepare for next month's climate summit in Copenhagen to seek ways to transform the way we run the planet, the University ...

Video: Hot Tricks: Climate change we can't believe in?

Everyone Knew that Iraq Didn’t Have WMDs Mossad Spy-Training Operations Involves Planting Car Bombs In Tel Aviv

Marc Faber sees big financial bust leading to war BusinessIntelligence Middle East | Eventually there will be a big bust and then the whole credit expansion will come to an end

Change? “Finishing the job” and “staying the course” – they mean the same thing – you can take that to the broke (mark to anything u.s.) bank in defacto bankrupt america. CHANGE YOU CAN’T BELIEVE IN!

The former British police officer who wants to bring down Barack Obama guardian.co.uk - Obama as a child with his mother. Photograph: AP Neil Sankey has spent his life investigating organised crimes. As a former British police officer with almost 20 years experience, he was seconded to elite units of Scotland Yard through most of the ...

Another Prominent Scientist Calls CRU Scientists “Criminals” A prominent scientist has called for criminal prosecutions to be brought against the UN affiliated scientists involved in what has been termed “ClimateGate”.

DRUDGEREPORT: Obama to attend beginning of UN climate meeting...
Climategate: 'Greatest scandal in modern science'...
Scientist in climate change 'cover-up' storm told to quit...
Call for Congressional investigation...
Paper: Junk science exposed among climate-change believers...
`Obama Shatters Spending Record for First-Year Presidents...`
`GALLUP: Obama's Approval Slide Finds Whites Down to 39% and 45% overall...`

Blackwater’s Secret War in Pakistan

The former British police officer who wants to bring down Barack Obama guardian.co.uk - Obama as a child with his mother. Photograph: AP Obama not u.s. citizen says Neil Sankey who has spent his life investigating organised crimes. As a former British police officer with almost 20 years experience, he was seconded to elite units of Scotland Yard through most of the ...

After the holidays, filing bankruptcy may be only option for many retailers

U.S. Economy May Not Survive Further “Stimulation” Continuing reports of gold reaching new record highs on practically a daily basis, is probably all the indication we need to realize that the economy is not as close to “recovery” as some would like us to think.

US Economy Mired in ‘Form of Depression’: Rosenberg The US economy is mired in an economic crisis that shows only scant signs of abating, economist David Rosenberg told CNBC.

IMF Warns of Revolution if Another Round of Bailouts are Handed Out Many officials and experts have warned of violence stemming from the economic crash.

Here Is Why The Dollar Is Now Effectively Worthless A picture is worth a thousand Krugman essays, which is why we present a chart comparing the US Monetary Base (and by subtracting Reserve Balances with Fed Reserve Banks, Currency in Circulation), and the Fed’s holdings of MBS and Agency paper (worthless GSE/FHA garbage).

Number of Troubled Banks Rises to 552; FDIC Fund Sinks Into the Red...

RASMUSSEN Obama Poll Drops to New Low: 45%

Open Letter to Obama: Please Bring Our Troops Home Now! Cynthia McKinney | I am writing to urge you to announce an immediate cease-fire followed by a withdrawal of all US troops from Iraq and Afghanistan in the fastest way consistent with the safety of our forces.

Home sales at 2-1/2 year high with record foreclosure sales (Reuters) ‘…S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25…’ It's beginning to look a lot like a 'W' By Irwin Kellner, MarketWatch PORT WASHINGTON, N.Y. (MarketWatch) -- It's beginning to look a lot like a "W." After logging the fastest rate of growth in two years last quarter, the economy appears to be losing steam during the current period... 15 signs Wall Street pathology is spreading By Paul B. Farrell, MarketWatch ARROYO GRANDE, Calif. (MarketWatch) -- In "The Battle for the Soul of Capitalism" Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction." …Wall Street plus co-conspirators in Washington and Corporate America are spreading a contagious "pathological mutation of capitalism" driven by the new "invisible hands" of this new "mutant capitalism," serving their selfish agenda in a war to totally control America's democracy and capitalism. The "Goldman Conspiracy" is the perfect B-school case study of Wall Street's secret contagious pathology, with insiders like Lloyd Blankfein, Henry Paulson and others pocketing billions more of the firm's profits than shareholders, evidence the new "mutant capitalism" has replaced Adam Smith's 1776 version which historically endowed the soul of American democracy as well as our capitalistic system. Sadly for America Goldman's disease is rapidly becoming a pandemic spreading beyond Wall Street's too-greedy-to-fail banks, infecting our economy, markets and government as it metastasizes globally...

Market Reversal Already Happening ‘…First, the S&P sells on a price-to-earnings multiple of 88 after the recent financial results. That is a horrendous overvaluation. A reasonable p/e would be around 18-25. That leaves a 90 per cent downside! Secondly, the outlook for GDP growth is lackluster in 2010. It is therefore vulnerable to setbacks, and most particularly the impact of a stock market decline that would undo much of the data pointing to a recovery being in prospect. The market has been operating as a positive feedback loop since March, it also works the other way around. Thirdly, have markets not reached levels that would normally require a correction? Indeed, have they not overshot those levels, and now require a bigger than average correction?…’

GALLUP: Obama Job Approval Down to 48%...

Global Warming Meltdown: Climategate! Alan Caruba | The United Nations IPCC should be disbanded in disgrace. Were Swine Flu Death Projections Hyped? Adam Murdock, M.D. | The 2009 H1N1 swine flu “pandemic” may turn out to be one of the most overblown and expensive medical crises in modern history. Iraq report: Secret plans for war, no plans for peace In the bitter aftermath of the Iraq invasion, Tony Blair was many times accused of sending British troops to war on a deceit. U.S. Enlists Allies in New Blind Leading the Blind Surge Britain’s new Internet law — as bad as everyone’s been saying, and worse. Much, much worse. Is America Finally Starting to Stand Up To Wall Street in their albeit typically too little too late fashion? Washington’s Blog | Even Bernanke’s re-appointment is no longer certain.

Lord Monckton: Prosecute the Climate Change Criminals “Climategate”: Peer-Review System Was Hijacked By Warming Alarmists Emergency Viral: ClimateGate Fraud Exposes Dirty Tricks Agenda For Global Government

· 1. The ‘Global Warming’ Issue Has Been Revealed As The Scam It Always Was: Funneling Billions And Trillions Of Dollars Of Taxpayers Money Into Offshore Bank Accounts For The Ruling ‘Elite’ Utizing Little Understood Cyclical Temperature Shifts.You NWO Corporate Co&%Suckers Keep The Issue Right Up There On The Top Of Your Lists, And We’ll Keep Neutralizing You NWO Corporate Co&%Suckers On Ours. QMB

DRUDGEREPORT: Call for Congressional investigation into ClimateGate...
4 US service members die in Afghan attacks...
Afghanistan decision?
The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed...
WAVE OF DEBT PAYMENTS FACING DEFACTO BANKRUPT U.S. GOVERNMENT...

israeli aircraft strike Gaza targets to keep conflict going (AP)

Palestinian nun takes step toward sainthood (AP)
Ahmadinejad rejects threats, embraces talks

Obama Approval Drops Below 50% For First Time

Obama Allies Want New Tax To Pay For Cost Of Protecting Afghan Opium Fields, Bribing Taliban Paul Joseph Watson | Despite the fact that 36 per cent of income tax already goes to national defense. Not content with savaging American taxpayers with two huge new financial burdens during an economic recession, in the form of health care reform and cap and trade, close allies of Barack Obama have proposed a new war surtax that will force Americans to foot the bill for the cost of protecting opium fields in Afghanistan, paying off drug lords, and bribing the Taliban.

DRUDGEREPORT: OBAMA DROPS BELOW 50% IN GALLUP
Senator: High-Income Tax May Be Needed for Afghan War Cost...
Germany warns US on market bubbles; Echoes China's fears...
Unemployment Rose in 29 States Last Month; Michigan Rate Highest at 15.1%...
Video: Sen. Inhofe to Sen. Boxer on global warming: 'We Won, You Lost -- Get a Life!'
EU president wants Copenhagen to give us 'global management'...
Top Eurobank prepares for 'global economic collapse'...
Geithner Under Fire on Economy...
Struggling Detroit unable to bury its dead...
Steep Revenue Drops Worry Mayors...

Israeli Army arrests five PA security officers Panetta meets Gilani; 10 die in drone attack

423 Palestinian kids suffering in Israeli jails Lifting the lid on UK’s Israel lobby

I Fought the Law. . . And I Won We often forget that the power wielded by government exists only because there are those willing to carry out its orders. The “Government” is not an Artificial Intelligence that exists in a science fiction movie.

Press TV | According to the latest opinion poll, an increasing majority of Britons want the country’s 9,000 troops out of Afghanistan within a year.

Sawasya: Israel uses Palestinian prisoners as guinea pigs to test drugs

Israelis demolish Palestinian home ‘New Israeli move major obstacle’ Kingdom and France call for resumption of Mideast talks

Little behind Obama's tough Mideast talk: analysts (AFP) Rejecting Obama, U.S. Jews push West Bank settlement (Reuters) Netanyahu has Oslo accords on brink of collapse: architect (AFP)

`Roubini: 'The worst is yet to come'...`

Maximum Alert: Establishment Launches Huge Purge Against Infowars/Prison Planet Patriot Community The Anti-Defamation League has launched a vicious new assault on Alex Jones and members of the patriot community in the form of a new report that equates skepticism and distrust of government with ”a toxic atmosphere of rage,” which is threatening to boil over in the form of violence, even as the real danger is manifest in those actually using violence in the “name of the people” such as u.s., israel, etc. Bill O’Reilly: “I Don’t Care About The Constitution”

UK's Standing Declines on Corruption Index The revelation earlier this year that members of the UK parliament milked the expense-claims system made a laughing stock of British politicians. New Zealand tops Denmark as world's least corrupt nation Reuters

White House: Israeli housing plans dismaying (AP) - The White House rebuked Israel with heavy criticism Tuesday after the Jerusalem city government moved toward the construction of 900 additional housing units in a Jewish neighborhood in East Jeru...

US rebukes Israel on settlement plans (AFP) - 6 hours agoAFP - The United States delivered an unusually strong rebuke of Israel, voicing dismay at the approval of new Jewish housing in annexed east Jerusalem as peace efforts hit a new low.

Palestinians, US, UK criticize Jerusalem plan (AP) - 8 hours agoAP - Israel moved Tuesday to approve a plan to build 900 more housing units in a Jewish neighborhood in the part of Jerusalem claimed by Palestinians, drawing harsh criticism from the United States.

Israel angers U.S. by approving new West Bank homes (Reuters) - 8 hours agoReuters - Israel triggered a fresh rift with Washington over settlement building on Tuesday by approving the building of 900 homes for Jews on West Bank land it occupied in a 1967 war and annexed to i...

Palestinians need 'control' of their people (AFP)

Jordan tells us jews to support Palestinian statehood

‘These people just want to be left alone’ Real News Network | In Afghaninstan the US soldiers are losing heart for a fight they feel their presence is only prolonging.

Attacking Iran over nuclear ambitions ‘would make world more dangerous’

Iraqi claims sexual abuse by British soldiers: report

Order Out of Chaos: CIA, Blackwater Responsible for Bombings, Assassinations in Pakistan (how ‘bout chaos and more chaos) Kurt Nimmo | CIA bombing campaigns and assassinations create a situation requiring a continuation and expansion of the contrived global war on terror. But, just like america, the result is chaos out of chaos and abject failure. Islamabad demands US end drone attacks Pakistan’s Chief of Army Staff tells visiting US advisor on National Security that Washington should put an end to drone attacks in his country.

Washington wisely hunts a way out of Afghanistan Finally, it seems, the penny has dropped. America’s ‘good war’ cannot be won militarily. Signs indicate that the US president, who was so gung ho on Afghanistan before taking office, has got the message....

Jackpot: Lawyers earn fees from law they wrote (AP)

Frauds/Liars (sic-lawyers)Covering Up for Other Frauds/Liars (sic-lawyers). In Productive Societies as China, Japan, etc., Fraudulent Liars (sic-lawyers) and the Fraudulent u.s. System They're a Part of Are Unheard Of/Non-existent. List of Files Regarding Filed Attorney Grievance Against Fraud coan et als

DRUDGEREPORT: Dollar decline continues as trade deficit widens...
Treasury Confident Congress Will Increase $12.1 Trillion Debt Ceiling...
Regulators shut 2 Fla. banks; 122 failures in '09...
Trade Deficit Jumps Most in a Decade on Demand for Imported Cars, Oil...
Army says morale down among troops in Afghanistan...
Suicides May Reach Record High This Year...

Riyadh urges UN to end double standard

israel: Clash at a Border Crossing New York Times - By REUTERS Israeli soldiers shot and killed a Palestinian and wounded two others in a confrontation near a Gaza Strip border crossing on Friday…

Gorbachev Says USA Can't Win in Afghanistan Even With Additional Troops...

Feds move to seize 4 mosques, tower linked to Iran (AP) - Federal prosecutors took steps Thursday to seize four U.S. mosques and a Fifth Avenue skyscraper owned by a nonprofit Muslim organization long suspected of being secretly controlled by the Irania...

Israel Lobby Routs Obama As Dollar Dies It did not take the Israel Lobby long to make mincemeat out of the Obama administration’s “no new settlements” position.

Israeli terrorist indicted

Envoy urges no US troop increase BBC News The US ambassador in Kabul has written to the White House arguing against sending thousands more American troops to Afghanistan. In a leaked cable, Karl Eikenberry expressed doubts about the competence of President Hamid Karzai's government.

More GWOT Grist: Taliban Support Murder of Soldiers at Fort Hood Kurt Nimmo | The Taliban help the U.S. government and corporate media in their demonization. Jury acquits ex-Bear Stearns hedge fund managers Reuters | The decision could make government prosecutors less likely to bring criminal charges against Wall Street executives for their role in the financial crisis. David Icke: The Global Spiritual Awakening Of Humanity Iconic author and lecturer speaks out on how the elite are attacking our immune systems through the use of vaccines, tocix food and electromagnetic pollution in exclusive interview. British soldier faces 10 years in jail after being arrested during anti-war demonstration A soldier facing charges of desertion for refusing to return to Afghanistan has been arrested and charged with five further offences after joining an anti-war demonstration. Shocking H1N1 Swine Flu Vaccine Miscarriage Stories From Pregnant Women – Tell Your Doctors That Vaccines And Pregnancy Do Not Mix! Miscarriage reports from pregnant women who have taken the H1N1 swine flu vaccine are starting to pour in from all over the nation. Perfect Inverse Correlation Between the Dollar and the Dow Karl Denninger – who is always worth reading – shares 2 stunning charts which show the inverse correlation between the dollar and the Dow. Broke! Infowars | u.s. government has FAILED in every “government service” they have shoved down our throats while overspending our tax dollars.

DRUDGEREPORT: `Chinese Artist Debuts 'Burning Man Obama'...`
`RASMUSSEN POLL: OBAMA AT 46% APPROVAL...`
`Asteroid passes just 8,700 miles from Earth -- with only 15 hours warning!`
`Justice Dept. Asked For News Site's Visitor Lists...`
`Ahmadinejad: Obama must choose between International War Crimes/Nuke Scofflaw israel and Iran...`
`Race relations at Columbia University hit low; Prof punches white woman in face...`

At Arafat Memorial, Abbas Pushes Independence Fight Talks only after settlement freeze: Abbas

Iran's Ahmadinejad calls for nuclear cooperation

`Gorbachev Says USA Can't Win in Afghanistan Even With Additional Troops...`

`IRAN: 3 DETAINED AMERICANS CHARGED WITH ESPIONAGE...`

Texas Gov. Rick Perry: “There Were Three Shooters” Texas Gov. Rick Perry comments on the Ft. Hood shooting, noting that “there were three shooters”.

‘US using Iran as excuse to boost military budget’ Press TV | Iran’s army chief says by accusing the Islamic Republic of pursuing a military nuclear program the US government is seeking to escalate its military spending budget.

The billionaire bailout society Russia Today | “The president runs the US, but the President is unwilling to toss overboard the fundamental philosophy that the bankers live under.” Americans on food stamps tops 36 million Reuters | At the current rate, an estimated one in eight Americans receive benefits.

DRUDGEREPORT: PELOSI: Buy a $15,000 Policy or Go to Jail;
Failure to Comply, 5 Years in Prison...
Final vote could be delayed Sunday or beyond...
10% Unemployment Shows Objective Failure of Obama Stimulus
`237 millionaires in Congress...`
`FREDDIE MAC posts $5 billion loss...`
`China brands US 'protectionist'; Trade conflicts escalate...`
`GOLD SETS RECORD: $1,100......`
`New Congressman breaks 4 campaign promises in first hour...`

George Soros Lauds Chinese Model Of Goverment – Wants Global Governance Under UN Security Council China’s economy will be the first to emerge from the financial crisis, and its model will soon take the leading position among the world’s economies, leaving behind the current leader the United States. This forecast was announced on Monday by leading financier George Soros.

Is Tony Blair CIA? Geoff Vasil | Tony Blair has been campaigning to be selected as the new leader of the post-Lisbon Treaty European Union. Gore Not Interested In Solutions To Climate Change That Don’t Line His Pockets Paul Joseph Watson Adviser proposed solution to CO2 emissions that would bypass need for carbon trading system that Gore owns, and was promptly told to shove it Former UK ambassador: CIA sent people to be ‘raped with broken bottles’ Daniel Tencer | Murray said he only realized after his stint as ambassador that the CIA was sending people to be tortured in Uzbekistan. Fort Hood Shooter Was Upset About Deployment To Iraq Hasan was a psychiatrist who previously worked at Walter Reed Army Medical Center but more recently was practicing at Darnall Army Medical Center at Fort Hood, according to professional records. Hasan was reportedly upset about his impending deployment to Iraq. Chomsky: Obama Continues Bush Policy “As Obama came into office, (former Secretary of State) Condoleezza Rice predicted he would follow the policies of Bush’s second term, and that is pretty much what happened, apart from a different rhetorical style,” Chomsky said.

DRUDGEREPORT: WHY DID HE DO IT?
Army Maj. Nidal Malik Hasan...
Was about to be deployed to Iraq, was 'upset about it'...
Gunman Made 'Outlandish' Comments Condemning Foreign Policy...
'Emotional carnage'...
Weapons used were handguns...
Dramatic photos from the scene...
SOLDIERS OPEN FIRE AT FT HOOD: 12 KILLED, 31 WOUNDED

Ex-diplomat says Afghanistan Now in ‘civil war,’ calls for US withdrawal When former U.S. diplomat to Afghanistan Matthew Hoh resigned on Sept. 10, 2009, he did so in a very public manner.

Stiglitz Says U.S. Recession ‘Nowhere Near’ End After GDP Jump Nobel Prize-winning economist Joseph E. Stiglitz said the U.S. recession is “nowhere near” an end and the economy’s third-quarter growth rate of 3.5 percent, the first expansion in more than a year, won’t carry into 2010. Roubini: Global Markets Could Soon Crash How Goldman secretly bet on the U.S. housing crash McClatchy Newspapers | Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages. CIT files for Chapter 11 bankruptcy protection (AP) Federal Reserve Policy Audit Legislation ‘Gutted,’ Paul Says U.S. Inflation to Appear Next in Food and Agriculture Massive Government Spending Boosts US Economy, But Few Signs Private Sector Can Sustain Washington Post | There were few signs in the new data that the private sector will be able to sustain that growth once the government pulls back, or that the rise will soon translate into an improving job market.

CIT files for 5th largest U.S. bankruptcy What Is Money? Part 11: The Great Default Dollar Falls as Manufacturing Allegedly Grows; Oil, Copper, Gold Rally Bloomberg | Treasuries led declines in government bonds, with the yield on the 10-year note rising 3 basis points to 3.41 percent. Goldman takes on new role: taking away people’s homes McClatchy Newspapers | Goldman spent years buying hundreds of thousands of subprime mortgages, now the big banker that takes homes away.

IBM Knew About Pandemic in 2006 Kurt Nimmo | Document reveals IBM and other large corporations are on the inside track in relation to the orchestrated pandemic now unfolding. Three More Children Injected Against Parents’ Wishes Paul Joseph Watson | When does a “mistake” become a flagrant disregard for parental rights? Government Appoints Task Force To Handle H1N1 Vaccine Propaganda The U.S. government has appointed what the media is ludicrously billing as an “independent” group of health advisors whose job it will be to whitewash adverse reactions to the swine flu vaccine and “explain” them to the public as mere coincidence.

america: The Lawless State Today, in the land we like to think of as the most free on earth, government reaches into every level of our lives. It controls and it coerces, it bullies and it brags, it browbeats and it blusters. 1,600 are suggested daily for FBI’s list which should include themselves, the DOJ, congress, obama, federal employees/courts, etc.

Be Prepared for the Worst Ron Paul | The large-scale government intervention in the economy is going to end badly. We Can’t Solve Our Problems With More of the Same

DRUDGEREPORT: COUGH, COUGH: House health bill totals $1.2 trillion...
NYT: GORE'S BIG PROFITS FROM 'GLOBAL WARMING'...

NSA To Build $1.5 Billion Data Center...

NYT: In Iowa, Euphoria Gives Way to Second Thoughts on Obama...
CBO Puts House Health Bill Total Cost At $1.055 Trillion...
'Death Panel' Measure Survives...
Big Present to Trial Lawyers...
Calorie counts for Big Macs, vending machines...
Pakistanis confront Clinton over drone attacks...

CLINTON FAILS TO WIN PALESTINIAN ASSENT TO ISRAELI PLAN...

`POLL: Canadians still 'distrust' USA...`

Ron Paul: Sanctions on Iran are an Act of War Infowars | Dr. Paul explained to his colleagues the reasons for his opposition to the Iranian sanctions legislation.

Afghan's Karzai effectively handed 2nd term as america’s tainted touch of corruption mars hopes for non-fraudulent election – america had too much drug money at stake to risk the loss (AP)

Occupiers involved in drug trade: Afghan minister The Afghan minister of counter narcotics says foreign troops are earning money from drug production in Afghanistan. Washington Post claims White House ‘appears committed’ to sending up to 15,000 more soldiers Afghan's Karzai effectively handed 2nd term as america’s tainted touch of corruption mars hopes for non-fraudulent election – america had too much drug money at stake to risk the loss (AP)

US scientist faces death for plot to spy for Israel A top US scientist who once worked for the Pentagon and Nasa could face execution for allegedly offering to sell secrets to Israel for $2 million (£1.2 million), according to documents filed in federal court.

Palestinians accuse U.S. of killing peace prospects

Palestinian officials criticize US over Israeli settlements Washington Post

Clinton in Pakistan encounters widespread distrust of US Palestinians accuse Clinton of hurting peace talks... Palestinians accuse U.S. of killing peace prospects - Pointing an accusing finger at the united states, the Palestinians on Sunday said washington's backing for israeli refusal to halt jewish settlement expansion had killed any hope of reviving peace neg...

FBI documents reveal secret CIA prisoners ‘manacled to the ceiling’

The hydraulics of Holocaust…The report says that Israel is denying water to Palestinian residents on the West Bank and has brought the sewage and water systems in Gaza to crisis point. Israel, the human rights group said, restricts availability of water in the Palestinian territories “by maintaining total control over the shared resources and pursuing discriminatory policies.” “Israel allows the Palestinians access to only a fraction of the shared water resources, which lie mostly in the occupied West Bank while the unlawful Israeli settlements there receive virtually unlimited supplies,” Amnesty researcher on Israel and the OPT Donatella Rovera said in a report. The three main natural water resources in the area are Lake Kinneret, the mountain aquifer and the coastal aquifer. The mountain aquifer runs almost entirely under the West Bank, and Amnesty slammed Israel for taking 80 percent of the water from the aquifer…

Nine U.S. banks seized in largest one-day haul (Reuters) Dow Drops Over 200 points Financial Bubbles: Why Do Fools Fall in Love? The Federal Reserve lies about United States Notes ‘Jobs Created or Saved’ Is White House Fantasy Bloomberg | Actual hiring seems to be lagging behind the model’s land of make-believe. Facing A Total Breakdown Of Financial Markets Bob Chapman | We have entered a phase where the Fed and the US Treasury recognize that they can no longer hold up the dollar. “Money Multipliers Have Collapsed Everywhere…Confidence Is Missing. I Don’t See Any Way To Stabilize M3 In Such Circumstances” Peter Schiff On Phony GDP Growth (Video) The US government has a technology, called a printing press… that allows it to produce as many US dollars as it wishes at essentially no cost.” – Ben Bernanke Bankers Expect Rising Bonus Pay to Break Records in Global Poll ABC: $160,000 Per Stimulus Job? White House Calls That 'Calculator Abuse'... MADOFF: SEC CHAIRMAN WAS 'DEAR FRIEND'... The Collapse of Detroit: Ground Zero for america’s inevitable decline and fall Aaron Dykes | Detroit is a case-in-point example of the staged-collapse of America’s economy which will be covered in a subsequent volume of ‘Fall of the Republic’ as detailed by an on-the-ground Infowars investigation. Biden: Job Stats 'Not Accurate'... WIRE: 'Jobs Created or Saved' Is White House Fantasy...

Soros: China Will Lead New World Order Paul Joseph Watson | Billionaire globalist warns Americans against resisting new global financial system. Billionaire globalist George Soros told the Financial Times during an interview that China will supplant the United States as the leader of the new world order and that America should not resist the country’s decline as the dollar weakens, living standards drop, and a new global currency is introduced.

Feds Post Monster Trillion dollar plus Obamacare Bill Merck Scientist Admits Cancer & AIDS Came From Vaccines This is an interview that was censored for obvious reasons. Dr. Maurice Hilleman who was a senior vaccine scientist at Merck reveals the real story behind AIDS and the SV40 virus which causes cancer and how they have been deliberately put in vaccines to infect people. SAY NO TO THE SWINE FLU VACCINE! FBI Demands Tattoo Shops Rat On Customers Kurt Nimmo | The FBI has launched a program that harks back to East Germany’s Stasi. Anything but prosecuting the major criminals on wall street and in all 3 branches of the u.s. government. Martha Stewart was another example of this and one must wonder how they justify their paychecks. Fall Of The Republic: Millions Of People Worldwide Take The Red Pill pelosi, a Typically Corrupt Guinea, Called “Nazi” While Announcing Health Care Bill pelosi, a Typically Incompetent and Corrupt Wop, Denies Public Access to Public Space for Public Plan Announcement `jeb bush, who like all untalented, incompetent bushes has lived off the bureaucratic tit his entire life, is wrong guy to be saying: Obama trying to 'attack capitalism'...` Gorbachev: bush 41 called Reagan ‘extreme,’ said GOP supporters ‘blockheads’

What a waste of money they don’t have! What frauds! NASA Rocket Takes Off as Clouds Break Lets get real! A broke and broken defacto bankrupt nation, the u.s. is criminals, frauds, war criminals and war profiteers!

MOON ROCK GIVEN BY U.S. PETRIFIED WOOD-APOLLO PROGRAM A FAKE/FRAUD

Fake Dutch 'moon rock' revealed A treasured piece at the Dutch national museum - a supposed moon rock from the first manned lunar landing - is nothing more than petrified wood, ...BBC News BBC NEWS | Europe | Fake Dutch 'moon rock' revealed Prized moon rock a fake - A PIECE of moon rock given to an overseas politician by the United States is actually a lump of petrified wood, museum authorities revealed yesterday. ... 'Moon Rock' in Dutch Museum Is Just Petrified Wood Aug 27, 2009 ... Fake moon rock at Dutch national museum. Rijksmuseum / AP. This rock, supposedly brought back from the moon by American astronauts, ... http://www.albertpeia.com/moonfraud.htm

In reality it is just a piece of petrified wood. ... The plaque does not specify that the rock came from the moon's surface. ... Another piece of evidence that shows again that Apollo program is indeed a fake and a fraud

Grantham: Overvalued Markets Due for an Adjustment Marc Faber, Dollar Will Eventually Go to Value of Zero U.S. Jobless Rates Rise Again in September; Large Divergence Between States UPDATE 2-US home price gains not sustainable-Shiller NEW YORK, Oct 27 (Reuters) - The gains in US home prices in recent months may not be sustainable and increases in some areas of the country appear to be in "bubble territory," an economist known for his property market expertise said on Tuesday. Is New York Facing a Financial China Syndrome? Jonathan Turley | We are now piling on debt faster than gross domestic product. Celente: Wall Street Criminals/Frauds have hijacked Washington DC U.S. Economy: Consumer Confidence Drops on Unemployment Concern Grayson calls Fed adviser ‘K street whore’ Galbraith: Fed is Unlawfully Withholding Information from Congress

Marc Faber, Dollar Will Eventually Go to Value of Zero

U.S. Jobless Rates Rise Again in September; Large Divergence Between States UPDATE 2-US home price gains not be sustainable-Shiller NEW YORK, Oct 27 (Reuters) - The gains in US home prices in recent months may not be sustainable and increases in some areas of the country appear to be in "bubble territory," an economist known for his property market expertise said on Tuesday.

Grantham: Overvalued Markets Due for an Adjustment U.S. Jobless Rates Rise Again in September; Large Divergence Between States UPDATE 2-US home price gains not be sustainable-Shiller Is New York Facing a Financial China Syndrome? Jonathan Turley | We are now piling on debt faster than gross domestic product. Celente: Wall Street Criminals/Frauds have hijacked Washington DC U.S. Economy: Consumer Confidence Drops on Unemployment Concern Grayson calls Fed adviser ‘K street whore’ Galbraith: Fed is Unlawfully Withholding Information from Congress

Grantham: Overvalued Markets Due for an Adjustment …First, economic and financial data will disappoint, revealing the longer-term troubles of the developed economies. This will put pressure on profit margins at a time when labour cuts are no longer a quick fix. Second, with U.S. stocks looking overvalued, gravitational force will at last kick in.“I have some modest hopes for a collective sensible resistance to the current Fed plot to have us all borrow and speculate again,” he said. “I would still guess (a well-informed guess, I hope) that before next year is out, the market will drop painfully from current levels.” For him, “painfully” implies a dip of 15%. But a drop below fair value is more likely, and that could bring a 22% setback…

Ron Paul Questions Why Obama Daughters Haven’t Taken Swine Flu Vaccine

Obama’s “National Emergency” Violates the Constitution Swine Flu Scam Reaches New Heights With Obama’s Emergency Declaration Another Government “Emergency” President Obama declares national emergency over swine flu pandemic, but why? Mike Adams | Declaring a national emergency immediately gives federal authorities dangerous new powers that can now be enforced at gunpoint. Obama’s H1N1 Emergency Declaration: Is Martial Law Unfolding? Kurt Nimmo | Are we about to see a move toward martial law, forced vaccination, and internment of those who refuse? Reuters | The White House statement was similar to disaster declarations issued before hurricanes hit coastal areas. CBS Reveals that Swine Flu Cases Seriously Overestimated US documentary depicts Obama as corporate puppet Chinese Join Worldwide Rejection Of Swine Flu Vaccine NYT: Bush’s cover-up of abuse turning into Obama’s cover-up

October deadliest month for US in Afghan war (AP) `U.S. official resigns over Afghan war; No longer knows why his nation is fighting... Eight U.S. troops killed in bomb attacks...` What’s Behind the False Flag Flu Emergency? Bill Sardi | Few news sources were critical of the declared emergency. Eureka! Government May Block Websites During Pandemic Ron Paul Questions Why Obama Daughters Haven’t Taken Swine Flu Vaccine

Ahmadinejad: Iran will keep nukes as long as israel does JTA | Iran will continue to progress in its nuclear program as long as Israel continues to have nuclear weapons, Mahmoud Ahmadinejad said, which is eminently reasonable and fair, particularly with israel’s scofflaw behavior including war crimes, illegal nukes, etc.. Iran: World shouldn’t block our atomic program while israel has nukes

Israel’s Al-Aqsa action condemned

Jeremy Grantham's Must Read Quarterly Letter Edward Harrison…Translation: THE MARKET IS SO OVERVALUED NOW THAT YOU SHOULD EXPECT PRETTY MEAGER LONG-TERM RETURNS IN EQUITIES. Does that mean a crash is right around the corner? Not necessarily – but a brutal correction is probably in the offing. Grantham says:

I would still guess (a well-informed guess, I hope) that before next year is out, the market will drop painfully from current levels. “Painfully” is arbitrarily deemed by me to start at -15%. My guess, though, is that the U.S. market will drop below fair value, which is a 22% decline (from the S&P 500 level of 1098 on October 19).

Unlike the really tough bears, though, I see no need for a new low. I think the history books will be happy enough with the 666 of last February.

The bottom line here is this: the market is significantly overvalued at present levels because of a technical rally super-charged by stimulus. This necessarily means lower returns over a longer-term horizon. The possibility of a major correction is high.

The full letter is embedded below with a lot more detail, market history and asset allocation recommendations.

Jeremy Grantham Third Quarter 2009 Letter

Fair Game Wall Street Follies: The Next Act New York Times - Gretchen Morgenson - ‎Mary Altaffer/AP By GRETCHEN MORGENSON Hoping, perhaps, to persuade a dubious public that curbing reckless business practices is indeed a Washington priority, the Obama administration and Congress produced a hat trick of financial reforms last week. COME ON! These were not reckless but typically criminally fraudulent practices which are continuing in the new bubble though not as pronounced with the churn and earn high frequency trading programs. How about the reporting/enforcement/prosecution follies.

Capitalism, Socialism or Fascism? How about corruptionism? What is the current American economy: capitalism, socialism or fascism? Looks like corruptionism/declinism/venalism?

Investor With Madoff Is Found Dead in His Pool New York Times - Diana B. Henriques - Jeffry Picower, a prominent philanthropist and one of the largest investors in the vast Ponzi scheme run by Bernard L. Madoff, was found dead in the pool at his Palm Beach, Fla. Madoff Associate Jeffry Picower Dies at 67 Wall Street Journal

5 DISTURBING FACTS FOR BULLS SEC eyes (IS THAT ALL CONSIDERING THEY CHOOSE NOT TO SEE) volatility in high-frequency trading

Photos of Military Deaths in Afghanistan Banned Ex-CIA agent confirms US ties with Jundullah Twin car bombs in Baghdad kill 147, injure over 700 Israeli police storm Al-Aqsa compound ‘We cannot have peace without justice’ 14 Americans killed in Afghanistan crashes Israel too ‘weak’ to attack Iran nuclear sites: Mottaki

Time to accept a nuclear Iran PRESS TV President George W. Bush, backed by a well-known neo-con crew as well as the gang in Tel Aviv, did all he could to formulate his war-loving foreign policy to force his successor manage a third military conflict in the Middle East.

Israel 'cuts Palestinian water'

DRUDGEREPORT: 14 AMERICANS KILLED IN AFGHANISTAN...
Obama plays more golf in 9 months than Bush did in nearly three years...
Troops hope Afghan sacrifices not in vain...
Morale dips...
War fatalities leave Obama with dilemma...

Remembering an American that supported the Palestinian cause
About 20 years ago, a guy burned himself to demonstrate and bring attention to the Palestinian cause. I think the man was from Boston, and there was a brief mention of him on Ted Koppel's ABC News show Nightline.
Palestine-Israel, Editorial, 10/20/2009

UN Human Rights Council condemns Israel, endorsing Gaza war report,
The Human Rights Council on Friday strongly condemned a host of Israeli measures in the occupied Palestinian territory and called on both sides to implement the recommendations of a United Nations commission that found evidence that Israel and the Palestinians committed serious war crimes in the three-week Gaza war nine months ago.
Palestine-Israel-UN, Politics, 10/20/2009

UNICEF Goodwill Ambassador Mia Farrow concludes visit to Palestine
"Children here are deeply traumatized and terrified of what will happen next," Farrow said. "Homes, hospitals, schools and whole communities have been devastated. This is unacceptable and defies the principles of human rights, in particular the Convention on the Rights of the Child, and common decency."
Palestine-Israel-UN, Politics, 10/20/2009

Germany urges Israel to take war crimes report very serious
German Foreign Ministry deputy spokesperson Andreas Peschke said it was "important to take this report very seriously."
Palestine-Israel-Germany, Politics, 10/20/2009

Haaretz: Israel pulls textbook over 'ethnic cleansing' of Palestinians in 1948
Israeli Ministry of Education has taken the unusual step of collecting all copies of the history textbook, "Nationalism: Building a State in the Middle East" which was published about two months ago by the Zalman Shazar Center, because of a passage alleging "ethnic cleansing" of Palestinians during the 1948 war,the Israeli daily Haaretz reported Monday.
Palestine-Israel, Politics, 10/20/2009

Jones reiterates US commitment to peace, Palestinian state
The US National Security Advisor, General James L. Jones, reiterated the Administration's commitment to establishing a Palestinian state and determination to move forward with peace talks.
Palestine-Israel-USA, Politics, 10/20/2009

German, US activists urge pressure on Israel over Palestinian rights
"We are now three generations from the Holocaust. When people in the Arab world are saying it is wrong for the problems of European anti-Semitism to be settled on the basis of the exploitation of Palestinians and destruction of Palestinian nation... They are right," Joseph Gerson of the American Friends Service Committee said.
Palestine-Israel-Germany, Politics, 10/20/2009

King of Jordan: Palestinian-Israeli conflict a priority
Jordan's King Abdullah II called on the international community, especially the United States and Europe to make an immediate and effective effort to launch negotiations to achieve comprehensive peace, noting that Palestinian-Israeli conflict is a priority.
Jordan-Palestine, Politics, 10/20/2009

Obama meets King Abdullah: Prospect of an Arab-Israeli peace exists, but will require difficult choices
At a brief White House news conference April 21, Obama said that achieving a lasting peace and the creation of a Palestinian state requires resolution on the part of all involved parties.
Jordan-Regional-USA, Politics, 10/20/2009

Obama praises democratic advances in Iraq, meets al-Maliki
The parliament is working to create a new law, but is finding the way ahead difficult and has postponed a vote on the law. Among other issues, the current law, used in the 2005 election, requires closed election lists
Iraq-USA, Politics, 10/20/2009

Hariri condemns Israeli breaches at meeting with new French Ambassador
At the meeting, the Prime Minister-designate condemned Israel's clear breach of UN Security Council Resolution 1701, by planting spying equipment in Lebanon and detonating them, and urged the international community to put an end to these breaches
Lebanon-Israel-France, Politics, 10/20/2009

Iran - Egypt ties stressed over support for the Palestinians
Iran's Majlis Speaker Ali Larijani said the Hague-based International Criminal Court and other respective bodies should investigate the crimes Israel has systematically perpetrated against defenseless Palestinians.
Egypt-Iran, Politics, 10/20/2009

US, EU accused of a state terrorism act in Iran
Iran's Speaker of the Iranian Parliament (Majlis) Ali Larijani strongly warned the US and European countries notably France against their support for terrorists.
Iran-Regional-USA, Politics, 10/20/2009

Iran to start higher grade uranium if nuclear talks fail
Shirzadian said Iran will start enrichment of uranium at 20 percent level if the talks in Vienna fail to provide Iran's desired outcomes
Regional-UN, Politics, 10/20/2009

Sudan policy aims at ending genocide, implementing peace accord
US Secretary of State Hillary Rodham Clinton unveiled a "comprehensive" US policy for resolving the conflicts in Sudan, focused on ending human rights abuses and genocide in the Darfur region, fully implementing the Comprehensive Peace Agreement (CPA) between the government and the Sudan People's Liberation Movement (SPLM) and ensuring Sudan does not become a haven for violent extremists.
Sudan-USA, Politics, 10/20/2009

ADC campaign exposing US organizations support against illegal settlement development
Each year billions of dollars are being funneled through American-based and registered non-profit organizations, also known as 501(c)(3)'s. Many of these organizations claim to be established for peaceful purposes, however through research conducted by ADC it was discovered that the resources are being used for programs, such as settlement development, that are outside of the organizations' mission
Palestine-Israel-USA, Politics, 10/20/2009

UK denies spying on Muslims
The British government Tuesday denied that one of its main counter-terrorism strategies is being used as a cover to carry out surveillance on the country's two million Muslim community, insisting there was clear guideline on sharing intelligence.
Regional-UK, Culture, 10/20/2009

UK 'license to kill' to private armies accusation
A protest demonstration was being held in central London Tuesday against UK government plan to allow private armies to effectively police themselves.
Regional-UK, Politics, 10/20/2009

News from around the web:

5 DISTURBING FACTS FOR THE BULLS By Simon Maierhofer

When seventeenth century French dramatist Pierre Corneille said that 'danger breeds best on too much confidence,' he wasn't talking about the stock market, but that doesn't mean it doesn't have a practical application for investors.

On Wednesday, October 21, 2009, the Volatility Index, also called the VIX or 'fear index', fell to levels not seen in well over a year. In fact, the last time the VIX dropped below Wednesday's reading of 20.10 was on August 28, 2009.

Just a few days later the Dow Jones (DJI: ^DJI), S&P 500 (SNP: ^GSPC), and Nasdaq (Nasdaq: ^IXIC) recorded mind boggling losses of about 30% in 30 days. No doubt there is more to investing than just the VIX. Nevertheless, a look at a composite of indicators shows that the party on Wall Street is close to an end, or may have ended already.

DISTURBING FACT NO. 1: BUYING CLIMAXES

Investors Intelligence (II) tracks buying and selling climaxes on a weekly basis. Buying climaxes take place when a stock makes a 12-month high, but closes the week with a loss. They are a sign of distribution and indicate that stocks are moving from strong hands to weak ones. According to II, investors who sell into buying climaxes are right about 80% of the time after four months.

This week, II recorded 253 buying climaxes and just 8 selling climaxes. The first two weeks of October saw 597 buying climaxes and only 41 selling climaxes. In total, there have been over 900 buying climaxes thus far in October, the most since the October 2007 all-time highs.

DISTURBING FACT NO. 2: DEFLATION

For good reason, deflation is an economy's worst enemy. Falling prices create the perception that any goods can be bought cheaper at a future time. This creates a waiting attitude which stifles spending and demand, ultimately resulting in a slower economy. A slower economy, on the other hand, forces consumers to turn every penny twice before spending it.

In September, the Producer Price Index (PPI) declined 0.6%. Even the core PPI, which excludes food and energy, was down 0.1%. Even though investors seem more concerned about inflation than deflation, it is deflation that has been showing its ugly head. The 1929 onset of the depression shows what deflation can do. This sad period of time came to be known as a deflationary depression.

DISTURBING FACT NO. 3: FORECLOSURES

Foreclosures used to be mainly confined to low income areas. The most recent figures from Zillow, however, reveals a concerning development. USNews reports that at the peak of the market, the top third of the property value spectrum made up just 16% of foreclosures. By July of this year, this most expensive segment of the market accounted for 30% of home foreclosures.

Based on future projections, this isn't just a flash in the pan type problem. Foreclosures are expected to rise from about 2 million currently, to 6.5 million by 2011. This cancer-like spreading of foreclosures even into the prior taboo-area of prime mortgages is directly correlated with a weak job market.

Not only is the 'official' unemployment rate quickly closing in on the foreboding 10% number, the average length of time unemployed, or without a job, has just reached an all-time record of 26 weeks or six months.

It seems like the real estate market is more aware of the seriousness of the issue than the stock market. While the S&P 500 (NYSEArca: SPY - News), Dow Jones (NYSEArca: DIA - News) and Nasdaq (Nasdaq: QQQQ - News) have all reached new highs recently, real estate ETFs like the Vanguard REIT ETF (NYSEArca: VNQ - News), iShares Cohen & Steers Reality Majors (NYSEArca: ICF - News), and SPDR Dow Jones REIT ETF (NYSEArca: RWR - News) are still trading significantly below their respective September recovery highs.

DISTURBING FACT NO. 4: OIL PRICES

The performance correlation between stocks and oil is tough to explain for proponents of the 'business as usual' notion. High oil prices are usually the scapegoat for a faltering economy, as we saw last year. As oil (NYSEArca: USO - News) rose to never before seen highs ($147/barrel), stock prices were plummeting.

Earlier this year in February , however, oil prices were hovering near lows of $30/barrel. At that time, the average price of gas was below $2 gallon. CNNMoney asked just recently: 'But how good did you feel about the economy back then? Fears about a massive wave of big bank failures and another depression were running rampant. So, cheaper oil and gas were little consolation.'

At precisely that time, when fears of another depression were running rampant, the ETF Profit Strategy Newsletter issued a Trend Change Alert predicting the onset of the most powerful rally since the October 2007 highs. While many were selling at the worst time, Profit Strategy subscribers started accumulating high octane leveraged ETFs, which racked up double and triple digit gains, since.

Earlier in 2008, the ETF Profit Strategy Newsletter introduced the 'red across the board scenario'; a scenario where all asset classes should move in the same direction. For most of 2008, the direction was down; beginning in March 2009, the direction was up.

The only economic environment that has the power to link the performance of various asset classes is a deflationary depression, such as the Great Depression. Aside from a 50% monster rally from 1929-1930 where all asset classes shot up (sound familiar) simultaneously, the predominant trend was down, down hard.

DISTURBING FACT NO. 5: (OVER) VALUATION

As a consumer, chances are you're always looking for the best deal. Why overpay if you can get the same item at a lower price elsewhere, or later on? Who, for example, would still pay the sticker price for a gas guzzling SUV like a Chevy Tahoe or Ford Explorer? Nobody! Even if the car served you well while you owned it, you know that its resale value would be sub-par at best.

If you wouldn't overpay for a car, why would you overpay for stocks?

Stocks are way overvalued; it just hasn't sunk in yet. Based on actual reported earnings, the P/E ratio for the S&P 500 is 138. This means that a stock sells for 138x its actual earnings. Of course, this is the average for the S&P. Many companies, such as Alcoa, aren't even in positive earnings territory. The earnings picture today is worse than it was in the year 2000 when dozens of tech companies (NYSEArca: XLK - News) with no earnings saw their stock prices soar into triple digits.

Even though stocks still trade 30% below their 2007 levels, dividend yields are within reach of their all-time lows. Dividends reflect a company's ability to share its profits with shareholders. Declining dividends are caused by declining profits. Dividend yields can increase either by a falling stock price or rising dividends.

In March, dividends for the broad market spiked briefly above 4%, due to the waterfall decline in stock prices. For a short time, the Select Sector Financial SPDRs (NYSEArca: XLF - News) offered a juicy yield of nearly 10%. With rising prices, dividends have dropped back down towards 2% for the broad market and only 2.52% for XLF.

Investors with an affinity for historical data know that the stock market has never reached a true bottom unless dividend yields are driven sky-high by falling prices, and P/E ratios are driven down to rock-bottom readings, also due to falling 'P' (prices). Once this valuation reset happens, the market will give a green signal for the next bull market.

Unfortunately, this reset did not happen at the 2002 lows. It also didn't happen in March 2009, and we are certainly far away from those levels with the Dow around 10,000 and P/E ratios of 138.

The October issue of the ETF Profit Strategy Newsletter includes a detailed analysis of P/E ratios, dividend yields, and two other indicators; mutual fund cash levels and the Dow measured in the only true currency - gold (NYSEArca: GLD - News). Since its 1999 peak, the gold-Dow has spearheaded the decline to new lows. If history's assessment of valuation is correct, the dollar-Dow will soon follow.

Confidence, reflected by the elevated investor optimism (a contrarian indicator) does not only breed danger, it also provides opportunities for savvy investors that know how to interpret the market's very own signals.

U.K. Economy Unexpectedly Shrinks in Longest Slump U.K. gross domestic product unexpectedly dropped in the third quarter as enduring slumps in services, manufacturing and construction kept the economy mired in its longest recession on record. The pound tumbled.

Aussie Senator: U.S. In Similar Economic Position To Germany Before WWII In unusually pessimistic comments for a senior political figure, Senator Joyce said the US Government was running such large deficits and building up so much debt that it was in a similar position to Iceland or Germany before World War II.

Barack Obama sees worst poll rating drop in 50 years The decline in Barack Obama’s popularity since July has been the steepest of any president at the same stage of his first term for more than 50 years. Hate Crime Bill Is A Trojan Horse Against Free Speech Obama 2011 Coup Game Lists Malkin, Beck, Limbaugh as Patriots Kurt Nimmo | It is difficult to believe (I agree) the game is the product of Ron Paul Libertarians. It appears to be the work of Republicans. US ‘botched’ raid inside Syria that killed seven civilians: Report Dems Worried About Obama’s Enemies List Rasmussen Poll Shows Strong Support for Immigration Enforcement Oil ty coon/mental case: Our Troops Died … We’re “Entitled” to Sweet Contracts in Iraq! senator boxer: Unemployment Is Great for the Climate…riiiiight!…sounds like a california dreamin’/hallucinatin’ plan

Berlin doctors worried they could have to pay compensation for “swine flu” jab damage Doctors in Berlin are concerned that they will be forced to pay compensation to patients who suffer death or damage from the “swine flu” shot because pharmacuetical companies have been given immunity under existing contracts. Poll: Doctors will not give H1N1 shots to their kids

DRUDGEREPORT: Boehner: Obama's 'Chicago-Style Politics'..
PRUDEN: Third World get-the-press rant...
NOONAN: It's His Rubble Now...
Soros calls Wall St profits 'gifts' from state...
House health care bill over $1 trillion...
Ex-FBI director Freeh granted Italian citizenship...
Affidavit: Mom told deputies balloon saga was hoax...
Obama sees worst poll rating drop in 50 years...
JULIUSTHE NATIONAL SOCIALIST/WOULD BE COMMUNIST AT FCC WANTS TO 'REGULATE'/CENSOR/BLOCK ACCESS TO THE TRUTH FROM THE INTERNET
Jobless claims rise 'more than expected'...
Senate to increase national debt above $13 trillion; Dems looking for political cover...
After Stimulus: 49 of 50 States Have Fewer Jobs!
*6 Million Jobs Shy of Administrations' Projections...
Obama trying to boost party money, morale...
RNC Beats DNC in Money Race...
Dems lock Republicans out of committee room: 'They don't know how to behave'...
HealthCare Propaganda On Govt. Website?
House Dems Want Medicare for Everyone...
Administration plans big pay cuts at bailout firms...
Salaries of top executives by 90%...
Deserted shopping mall bleak symbol of Fed bailout...
RASMUSSEN: Obama Ratings Sinking Again; Approval Index Nears All-Time Low...
WHITE HOUSE MASTER TO SLASH EXEC PAY

Israel warns against U.N. council seeing Gaza report (Reuters)

How Did America Fall So Fast? Looting and Fraud

U.S. Joins Ranks Of Failed States Paul Craig Roberts | Too politically weak to be able to advance its interests through diplomacy, the US relies on terrorism and military aggression. America’s Phoney War in Afghanistan F. William Engdahl | Control of the Afghan drug market is essential for the liquidity of the bankrupt and corrupt Wall Street financial mafia.

Volunteers wanted for simulated 520-day Mars mission…Brian Dipalma will direct since he has previous experience with Mars movies and can use some stock footage so america like the fake moon mission can now add a Mars landing as well though similarly fake but great for maintaining high budgets...

Images are released showing that the lunar mission may be more successful than it first appeared. Riiiiight! If you believe anything the u.s. government, agencies, employees, etc., say…then you are a fool! (No small wonder they’re captivated by the faked boy-in-balloon story) - Scientists are 'are blown away by the data returned. NASA finally sees plume from moon impact Fake Dutch 'moon rock' revealed A treasured piece at the Dutch national museum - a supposed moon rock from the first manned lunar landing - is nothing more than petrified wood, ...BBC News BBC NEWS | Europe | Fake Dutch 'moon rock' revealed Prized moon rock a fake - A PIECE of moon rock given to an overseas politician by the United States is actually a lump of petrified wood, museum authorities revealed yesterday. ... 'Moon Rock' in Dutch Museum Is Just Petrified Wood Aug 27, 2009 ... Fake moon rock at Dutch national museum. Rijksmuseum / AP. This rock, supposedly brought back from the moon by American astronauts, ... http://www.albertpeia.com/moonfraud.htm

IN REALITY IT IS JUST A PIECE OF PETRIFIED WOOD ... ANOTHER PIECE OF EVIDENCE THAT SHOWS AGAIN THAT APOLLO PROGRAM IS INDEED A FAKE AND A TYPICAL AMERICAN FRAUD

RASMUSSEN: Obama Ratings Sinking Again; Approval Index Nears All-Time Low Smashing The Lies And Tyranny With Fall Of The Republic Fall Of The Republic is now streaming live for Prison Planet.tv members in super high-quality flash format along with Windows Media, QuickTime and DivX downloads. Pentagon Used Psychological Operation on US Public, Documents Show US, Israel to launch largest war game

DRUDGEREPORT: After Stimulus: 49 of 50 States Have Fewer Jobs!
*6 Million Jobs Shy of Administrations' Projections...
Obama trying to boost party money, morale...
RNC Beats DNC in Money Race...
Dems lock Republicans out of committee room: 'They don't know how to behave'...
HealthCare Propaganda On Govt. Website?
House Dems Want Medicare for Everyone...
Administration plans big pay cuts at bailout firms...
Salaries of top executives by 90%...
Deserted shopping mall bleak symbol of Fed bailout...
RASMUSSEN: Obama Ratings Sinking Again; Approval Index Nears All-Time Low...

Rothschild Biographer: Dollar Will Suffer Long, Protracted Death Despite Surge in Unemployment, White House Says Economic Stimulus ‘Saved or Created’ 250,000 Jobs CNSNews | A total of 15 million people are unemployed and 2.6 million lost their jobs since the recovery bill was enacted. Gerald Celente On “Green Shoots” Infowars | “There is no recovery. It’s a cover-up. You only have to look at the facts.”

BUCHANAN: americans are losing their nation...…In their lifetimes, they have seen their Christian faith purged from schools their taxes paid for, and mocked in movies and on TV. They have seen their factories shuttered in the thousands and their jobs outsourced in the millions to Mexico and China. They have seen trillions of tax dollars go for Great Society programs, but have seen no Great Society, only rising crime, illegitimacy, drug use and dropout rates. They watch on cable TV as illegal aliens walk into their country, are rewarded with free educations and health care and take jobs at lower pay than American families can live on – then carry Mexican flags in American cities and demand U.S. citizenship. They see Wall Street banks bailed out as they sweat their next paycheck, then read that bank profits are soaring, and the big bonuses for the brilliant bankers are back. Neither they nor their kids ever benefited from affirmative action, unlike Barack and Michelle Obama. They see a government in Washington that cannot balance its books, win our wars or protect our borders. The government shovels out trillions to Fortune 500 corporations and banks to rescue the country from a crisis created by the government and Fortune 500 corporations and banks…

Gates: Afghan runoff won't solve corruption issues … That’s riiiiight bunglelow bob…the runoff will not affect american corruption issues one bit! The Associated Press

NASA boffin spied for Israel

US must show Israel to blame for Mideast impasse: Palestinian (AFP)

The History of the Future: Trends 2012 Autumn 2012, the “Greatest Depression” has spread worldwide. Billions are unemployed, homeless and desperate. Countries bankrupt, trade pacts broken, tariffs rise, borders close.

The Robber Barons Are Back — Hide Your Money! Scott Thill | We’re neck-deep in another Great Depression, which is unfurling into a devaluation nightmare. Twenty-Two Reasons Why this Recession is Different and Why it Will Endure SurvivalBlog | The Federal government’s debt, just by itself is cause for concern. Drop in foreclosures called ‘very scary’ Nobody is sure exactly how many bank walkaways are occurring. For various reasons, they can’t be identified in searches of public real estate and court data without individually pulling case files, experts say. Fall Of The Republic Exposes How Financial Terrorists Are Imposing Global Enslavement

U.S. must live within its means now that the huge wall street fraud has been consummated and continues without prosecution: says geithner, goldman sachs guy who could help by accounting for the 4 trillion missing at the n.y. fed (Reuters) Obama: 'deceptive and dishonest’ he says of health insurers while looking in the mirror' Washington afraid of opposing Wall Street bonuses: experts FDIC bank fund in the red until ... Mao and Rockefeller: Beck Fails to Call Out the Real Monsters Obama Surrendered To World Government Dollar Touches 14-Month Low on Outlook for Fed’s Target Rate Canadian Dollar Climbs Toward Parity With U.S.... Cap and Trader Demands Carbon Derivatives Bubble Kurt Nimmo | Lord Stern has launched a rating service for carbon credits. Unemployment. Now that’s sustainable Darren Weeks | Every time the media reports the unemployment numbers, it reminds me of George Orwell’s book, 1984. Freedom’s Destruction By Constitutional De-Construction Senator: USA a 'banana republic' situation... History Unfolding David Kaiser | I have never been so afraid for my country and for my children as I am now.

NOT SMART: Harvard Bet on Interest-Rate Swaps Backfires, Costing School $500 Million...

The Criminal american Frauds Have Stolen the Economy Paul Craig Roberts | Interest groups have exercised their power to monopolize the economy for the benefit of themselves, the American people be damned. Fox News Inspired Protesters Locked in Voodoo Trance Kurt Nimmo | Goldman Sachs and the banksters controlled the Bush administration the same way they now control the Obama administration.

wobama, war criminals/criminals dumbya, bush Snr Join Forces To Tout Failed Public Service

Agenda 21: The Death Knell of Liberty Jim O’Neill | Freedom is being replaced by servitude, capitalism by socialism, and property rights by “sustainable development.”

‘Oba Mao’: Chinese Grab Gear Depicting Obama as Communist

White House admits: We 'control' news media...
Escalates war on FOXNEWS...
...Urges rest of press to side with administration

DRUDGEREPORT:Poll: Only 34 percent of Californians approve of Pelosi's performance...
Chicago Faces Massive Furloughs...
Hawaii school's out for recession...
Massive layoffs expected for Pennsylvania state workers...
Colorado insurers say health care bill would lead to 'system collapse'...
Boy To Obama: 'Why Do People Hate You?'...
POLL: 43%t Would Vote To Re-Elect President Obama...
Foreclosures: 'Worst three months of all time'...
Sarkozy will send 'not a single soldier more' to Afghanistan...

Rabbi: Not to Vaccinate is a Sin … riiiiight!… Big Pharma Reaps Billions From Swine Flu Fearmongering Woman Blames Paralyzing Neurological Disease On Flu Shot Ten questions about flu vaccines that doctors and health authorities refuse to answer Europeans Reject Swine Flu Vaccine

Russian stand on Gaza lauded

Editorial: Goldstone Report THE UN Human Rights Council’s (UNHRC) backing of the Goldstone Report into the savage violence in Gaza this January offers a considerable opportunity to Hamas, but it must be doubted if the rulers...

Karzai set to announce decision on Afghan run-off the great american/karzai Afghanistan Vote fraud – they almost pulled it off; but Afghanistan is not criminal america. AP source: Karzai expected to accept he fell short (AP) Fraud inquiry slashes Karzai vote to 48%, setting stage for runoff

Gates: War strategy shouldn't depend on result of Afghan election. What strategy? Cultivate the poppy fields which the Taliban had all but eradicated to add to america’s already substantial gov’t ops illegal drug trade that all are afraid to talk about? New military industrial complex welfare program for defacto bankrupt/broke/broken nation america? (AP)

Iran Accuses Pakistan, Western Nations of Supporting Attackers Voice of America - ‎By VOA News The Iranian government has accused Pakistan, Britain and the United States of supporting rebels it says carried out Sunday's suicide bombing that killed six commanders of the elite Revolutionary Guards and at least 36 other people. Iran links US, UK, Pakistan to bombing AP TEHRAN: Iran accused the United States, Britain and Pakistan on Monday of having links with Sunni militants responsible for a suicide bombing that...

I BELIEVE IRAN!

U.S. Attacks Iran Via CIA-Funded Jundullah Terror Group Paul Joseph Watson | Bankrolling and arming Al-Qaeda offshoot part of 2007 White House directive to destabilize Iranian government

Video: Revolutionary Guard Commanders Killed in BombingThe Associated Press Video: Revolutionary Guard Commanders Killed in Bombing The Associated Press Russia ready to join Iran anti-terror fight PRESS TV

Report: Iran incapable of producing nuke within six to eight years A Washington Post report published Sunday is drawing a wave cheers across the Internet for revealing what is being hailed as “the truth” about Iran’s nuclear program.

Israel plans to devour the world: Hungarian MP A Hungarian lawmaker has voiced worry over Israel’s expansionist policies, saying Israel is trying to take over the world.

Tide is turning against Israel

Max Keiser On JPMorgan, Goldman Sachs Et Al’s Fraud “It’s not froth, it’s fraud. This is an incredible case of accounting fraud and the American peasants have got to be the stupidest people in the world today: they don’t mind becoming peasants, they don’t mind living like peasants, and if that’s the case, we should do nothing to step them from sliding into a peasant class.”

This is so incredible, outrageous, so brazen in their cover-ups/future frauds that time for action protest is now! Time to prosecute and put these criminally insane frauds in jail! The feds, and government employees generally, who pretend they are doing something to earn their overpayment relative to value with the recent paltry $20 million fraud case are a joke and complicit in the cover-up. There have been no prosecutions of the huge frauds whose frauds continue! Goldman Sachs Operative Hired as SEC Unit COO Los Angeles Times | The Securities and Exchange Commission hired a 29-year-old former employee in Goldman Sachs Group Inc.’s business intelligence unit as the first chief operating officer in the agency’s enforcement division.

Populist Rage at Government is Long Overdue Wall Street Journal | Anger is palpable in tea-party groups forming around the country. t Bailout Helps Fuel a New Era of Wall Street Wealth (at The New York Times) Ron Paul Warns of Violence from Pending Dollar Crisis, Says Israel Strike on Iran the Trigger

Order of Magnitude: Globalists Want Obama to Increase Troop Numbers in Afghanistan Kurt Nimmo | The global elite want to realize order out of chaos in Afghanistan, as they did in Iraq Charlie Sheen’s Video Contest: Get Involved in the Call for 9/11 Truth Infowars | It’s up to us to force the government’s hand on 9/11 and reverse the immense injustice perpetrated on the victims, their families, and the American people. Fiat Money: The Fuel of Government Richard Hoste | The government shouldn’t be allowed to print money for the same reason you or I aren’t allowed to counterfeit.

Images are released showing that the lunar mission may be more successful than it first appeared. Riiiiight! If you believe anything the u.s. government, agencies, employees, etc., say…then you are a fool! (No small wonder they’re captivated by the faked boy-in-balloon story) - Scientists are 'are blown away by the data returned. NASA finally sees plume from moon impact Fake Dutch 'moon rock' revealed A treasured piece at the Dutch national museum - a supposed moon rock from the first manned lunar landing - is nothing more than petrified wood, ...BBC News BBC NEWS | Europe | Fake Dutch 'moon rock' revealed Prized moon rock a fake - A PIECE of moon rock given to an overseas politician by the United States is actually a lump of petrified wood, museum authorities revealed yesterday. ... 'Moon Rock' in Dutch Museum Is Just Petrified Wood Aug 27, 2009 ... Fake moon rock at Dutch national museum. Rijksmuseum / AP. This rock, supposedly brought back from the moon by American astronauts, ... http://www.albertpeia.com/moonfraud.htm

In reality it is just a piece of petrified wood ... Another piece of evidence that shows again that Apollo program is indeed a fake and a typical american fraud

DISNEY upset by 'Ho White and Seven Dwarves' ad…ho.ho.ho...

Mexicans say Mexican-Americans Owe Loyalty to Mexico Over U.S.

Editorial: Carnage in Iraq – another criminal american success story……q

Amman warns Tel Aviv on Jerusalem ‘red line’

UN body endorses Gaza report

. The lying game: how we are prepared for another war of aggression John Pilger | Like Bush’s America, Obama’s America is run by some very dangerous people. United States to send ‘up to 45,000 more troops to Afghanistan’ Telegraph | Obama’s administration is understood to have told the British government that it could announce, as early as next week, the substantial increase to its 65,000 troops already serving there. US military spreading death Russia Today | Death rather than nation building — that’s what the U.S. army brought to Iraq and is bringing to Afghanistan according to former army sergeant and anti-war activist Matthis Chiroux. Deformed babies in Fallujah Uruknet | Young women in Fallujah in Iraq are terrified of having children because of the increasing number of babies born grotesquely deformed. Majority of Nobel jury ‘objected to Obama prize’

Spinwatch exposing neocon propaganda Government Propaganda To Infest Network TV Shows (I’ve already seen this in a big way by sampling same) An insidious brainwashing program set to be launched next week will “organically” weave the government’s political propaganda into prime time network television shows, with positive talking points about Obama’s environmental, bailout, health care and “servitude” agenda being seamlessly integrated into the content of dramas, reality shows and comedies. Photos of Military Deaths in Afghanistan Banned The U.S. military in eastern Afghanistan recently changed its media embed rules to ban pictures of troops killed in the war.

Pro-War U.S. Officials Play Up Taliban-al Qaeda Ties Gareth Porter | The Taliban leadership still blames Osama bin Laden and al Qaeda for their loss of power after 9/11. Russia says concerned over U.S. missile defense talks Russia expressed concern on Thursday about discussions on missile defense between U.S. officials and non-NATO members such as Ukraine, local news agencies reported. Barack Obama inherited capability for global nuclear strike A system developed under George Bush gives the Pentagon the capability to carry out pre-emptive nuclear strikes against countries with WMDs, says Ivan Oelrich from the Federation of American Scientists. NKorea says SKorea warships breach border, warns of clashes

DRUDGEREPORT: Boy To Obama: 'Why Do People Hate You?'...
POLL: 43%t Would Vote To Re-Elect President Obama...
Foreclosures: 'Worst three months of all time'...
Sarkozy will send 'not a single soldier more' to Afghanistan...
LEAKED MEMO: 'ORGANICALLY' PRODUCE NETWORK TV TO PROMOTE GOVERNMENT 'SERVICE' AGENDA...
...THEN WEBSITES POINT VIEWERS TO PLANNED PARENTHOOD, OTHER LEFT-WING ADVOCACY GROUPS
FLASHBACK: SALON 2000: Prime-time propaganda; How the White House secretly hooked network TV on its anti-drug message...
Majority of Nobel jury 'objected to Obama prize'...

British Security Services MI5 ‘planned to blow up Sinn Fein headquarters’

Go earn it now, Mr. President

Why US can’t be an honest broker

israel urges UN Rights Council to ignore reality of Gaza report and their war crimes (AFP)

Rational Russia Giving No Ground on Iran Sanctions CNSNews | Secretary of State Hillary Clinton found no support at the Kremlin for tightening sanctions against Iran.

PUTIN RATIONALLY DEFIANT: NO IRAN SANCTIONS
RUSSIA 'PRE-EMPTIVE NUKES'

War Criminals Are Becoming The Arbiters Of Law The double standard under which the israeli government operates is too much for everyone except the brainwashed americans. Russia says Iran sanctions ‘counterproductive’ Trailer 4: Fall of the Republic In just 8 days, ‘Fall of the Republic’ will reveal once and for all the nationwide heist and economic takeover that has been maneuvered through the Bailout and action taken by the private Federal Reserve. A second Great Depression is still probable Financial Times Illinois: 'People Afraid To Come Out Of Their Homes'...

New York Nurses Suing State Over Forced Vaccinations Steve Watson | They say more staff have become ill from vaccines than from the actual flu.

Palestinians: Hopes in Obama have 'evaporated'...

PA rejects netanayahu’s conditions

Editorial: EU and Mideast Today the Arab League and the European Union (EU) open a joint liaison office in Malta, that small but strategically important island at the center of the Mediterranean…

Bought and Paid For Lobbyists from the financial industry have paid hundreds of millions to Congress and the Obama administration.

Congresswoman Kaptur: There Has Been a Financial Coup D’Etat In Michael Moore’s new film Capitalism: A Love Story, Congresswoman Kaptur says there has been a financial coup d’etat, and that Wall Street – rather than Congress – is in charge.

What Is Money? Part 5: Fractional Reserve Banking The heart of the modern monetary system is fractional reserve banking. This system is based on fraud. At the very heart of the modern economy is fraud – fraud on a gigantic scale.

Top economist Obama ‘refused’ to fix bank system, now it’s too late

50 Ways the Federal Government Wastes Our Money

Classic Market Bubble John Lounsbury

The price to book ratio (P/B) is not a good valuation metric for individual stocks, because the price discounts future earnings and growth. A P/B ratio less than 1 for stock X with low earnings and no earnings growth does mean that stock X is undervalued. If stock Y, with P/B=2 has healthy and growing earnings, it may actually be undervalued and a much better buy than A.

However, P/B does have value when assessing the relative valuation of indexes over time. To that extent, I found the following chart from David Rosenberg, Chief Economist at Gluskin Sheff, which I have modified as indicated. [CHART]

Rosenberg suggests that the normal range for P/B ratios is between 1.5 and 2.4. The lower number is what is expected coming out of an economic trough and 2.4 is approximately the long-term average. By his analysis we have not had a P/B ratio consistent with economic reality since 1996. We came close on March 9 but quickly left that place.

Note: My reference lines are slightly above 1.5, 2.0 and 2.5 and are minimally above Rosenberg's reference numbers.

Rosenberg also discusses other valuation measurements at length, including price to earnings ratios (P/E). Read his entire post here.

A graph such as this reinforces the opinion that some have regarding when equities in the U.S. really topped. Looking at this graph, one would say the market topped in 2000. The same conclusion is drawn when the market indices are priced in inflation adjusted dollars or gold. (See here.)

The inference from the Rosenberg graph is that one of the following conditions must pertain:

· 1. We are well into recovery and should entering a maturing growth phase of the business cycle within a couple of years; or

· 2. We are still declining from the 2000 market high and the current rally will have to give back substantial portions of the gains before long-term market growth can be maintained; or

· 3. We are still declining from the 2000 market high and have not yet reached the bottom.

I give a greater than 50% probability to #2. The other two get much smaller probabilities: #1 Less than 10% and #3 less than 30%. (You can put the missing 10% into rounding errors. After all, guesses should have large rounding errors.)

The final thought I have from this chart is that it represents a classical picture of a bubble.

The Great Recession: The numbers tell the story

AP Business Writer Tim Paradis

NEW YORK – A year ago this weekend, the Dow Jones industrial average had just finished a slow-motion crash. Over eight days, it fell 2,400 points, or 22 percent, and stood at 8,451.

One year later, the Dow is at 9,865. It's up 51 percent from a 12-year low of 6,547 on March 9 — when some investors feared the financial world was coming to an end.

But the complete story of the Dow's journey since the economy soured goes back a little further. Two years ago this week, on Oct. 7, 2007, the Dow set its record high of 14,164.

What followed was a three-act play. For five months, from October 2007 through the collapse of investment bank Bear Stearns in mid-March 2008, the Dow fell 2,000 points in an orderly fashion as investors anticipated a garden-variety recession. From mid-March until Labor Day, the Dow rose and fell but was little changed. Right after Labor Day, Fannie Mae, Freddie Mac, Lehman Brothers and AIG failed over 10 days. The credit markets froze, and investors panicked, fearing another Great Depression. There were rallies amid the downward spiral that ensued, but over six months — until the low on March 9 — the Dow fell 5,000 points.

So where do we stand today?

The seven-month rally since March has yet to wipe away all the losses, but few expected that the Dow would be edging back to 10,000 so soon. Unemployment is close to 10 percent, but other parts of the economy are stabilizing. Consumers are still hunkered down, but retail sales showed a slight gain in September. The panic of last fall has been replaced by the resignation that the worst is over but it might be years before the economy booms again.

"The problems that we're dealing with — there's a little bit less urgency," says Alan Levenson, chief economist at T. Rowe Price Associates. "We've stopped what could have been fatal bleeding."

Here's a by-the-numbers look at the stock market and the economy since the eight-day crash one year ago:

• $11.2 trillion: Total losses in the stock market from the Dow's peak in October 2007 to the March 2009 bottom.

• $4.6 trillion: Total gains in the stock market since March 9.

• 6: The number of the 10 worst point drops in the 113-year history of the Dow that occurred in 2008. The 777-point drop on Sept. 29, 2008, ranks No. 1.

• 3: The number of the 10 worst percentage drops that occurred in 2008. The Sept. 29 decline of 9 percent is the third-biggest behind 22.6 percent on Oct. 19, 1987, and 10 percent on April 14, 2000.

• 92 percent: Decrease in Citigroup Inc.'s share price from Oct. 10, 2008, ($13.90) to March 9 ($1.05).

• 341 percent: Increase in Citigroup's share price from March 9 to Friday's close of $4.63.

• 18-20: The historical average for the Volatility Index of the Chicago Board Options Exchange, also known as the VIX, or "Fear Index."

• 89: Where the VIX peaked last October.

• 23: Where the VIX was on Friday.

• 16 percent: The amount by which the Dow's closing level on Friday was higher than its average close the previous 200 days. Earlier this month the number hit 20 percent, the highest since the early 1980s.

• $6.5 trillion: Value of assets in stock mutual funds at end of 2007.

• $3.7 trillion: Value at the end of 2008.

• $4.5 trillion: Value at the end of August.

• -$72 billion: Net cash flow (money put in minus money taken out) for stock mutual funds in October 2008.

• -$25 billion: Net cash flow in March.

• $4 billion: Net cash flow in August.

• $9: The amount, out of every $10 investors put into mutual funds in August, that went into bond funds.

• $855.40: The price of an ounce of gold on Oct. 10, 2008.

• $1,048.60: The price of an ounce of gold on Friday.

• 6.2 percent: Unemployment rate a year ago.

• 9.8 percent: Unemployment rate today.

• 95.2: Consumer confidence two years ago. Reading above 90 means the economy is on solid footing; above 100 signals strong growth.

• 25.3: Consumer confidence in February — record low.

• 53.1: Consumer confidence today.

• 2.8 percent: Decline in retail sales in October and December 2008.

• 2.7 percent: Increase in retail sales in August.

• 4.75 percent: Federal funds rate two years ago.

• 1 percent: Fed funds rate last October.

• 0 - 0.25 percent: Fed funds rate today.

• 4.81 percent: London interbank offered rate (LIBOR), the amount banks charge each other to borrow money for three months, at its peak, on Oct. 10, 2008.

_0.28 percent: Three-month LIBOR rate Friday.

• -0.5 percent: Personal savings rate in 2005 as home prices were soaring.

• 6.9 percent: Personal savings rate in May.

• $975 billion: Credit card debt held by Americans last September.

• $899 billion: Credit card debt held at the end of August, down 8 percent.

• 7 million: Home resales in 2005, a record year.

• 4.5 million: Home resales in January at annual rate.

• 5.1 million: Home resales in August at annual rate.

• $245,000: Median price of homes sold in 2006 — record high.

• $213,000: Median price of homes sold last October.

• $195,000: Median price of homes sold in August.

Government to Use Swine Flu for Another Control Mechanism Wayne Madsen: Why give Peace Award to man at helm of conflicts? Arizona Sheriff Vows to Enforce Immigration Law Whether ‘Feds’ Like It or Not Obama to Send More Troops to Iraq NYC CAN Verdict: 80,000 Silenced by State Supreme Court Woman imprisoned for selling to Saddam was working for CIA Billionaire EU campaigner ‘paid’ Tony Blair Police State Canada 2010 and the Dark Side of the Olympics Dem Apparatchik Describes Millions of Americans as Terrorists Kurt Nimmo | Every American who has a problem with Obama receiving the Nobel peace prize is a terrorist, according to the DNC. The Resistance Mounts Karen De Coster | I have never before witnessed this level of interest and awareness among the masses. No wonder the state hates the Internet. Waco Siege “Enforcer” To Rule Over Global Police Force Paul Joseph Watson | Man who both approved and covered-up government slaughter of 76 people, including 20 children, will lead move to establish international model of law enforcement. Actually, this was an op for cover-up of Clinton et als crimes - Died Feburary 28, 1993 by gunfire at Waco. All four were examined by a pathologist and died from identical wounds to the left temple. All four had been body guards for Bill Clinton, three while campaigning for President and when he was Governor of Arkansas.They also were the ONLY 4 BATF agents killed at Waco.

Obama and the Nobel Prize: When War Becomes Peace, When the Lie Becomes the Truth We are the crossroads of the most serious crisis in modern history. The US in partnership with NATO and Israel has launched a global military adventure which, in a very real sense, threatens the future of humanity.

DRUDGEREPORT: BBC: What happened to global warming?
Montana cold breaks records...
Record Cold temps in Idaho threaten potato crops...
Hundreds protest Gore in chilly Wisconsin...
Man has microphone cut off after asking about 'errors' in film...
Video...
Soros says aims to invest $1 Billion in green tech...
Video...
Poll: Top Dem has 50 percent unfav--in his own state...
BROKE: Recession-hit Britain to sell off state assets...
Francis Ford Coppola Sees Cinema World Falling Apart...
Nobel committee defends Obama choice...
Chavez says did 'nothing' to deserve it...
California Budget in the Red 10 Weeks After Passage...
'Major Blow' as Debt Sales Loom...
DIE IS CAST AS DOLLAR DEMISE ASSURED BY DEFACTO BANKRUPT AMERICA’S DECLINE AND CONCOMITANT POWER SHIFT

Mideast: Charade of a continuing peace process

Afghanistan a lost cause

Israel Forced Workers to Drink Uranium Russia Today | Nuclear plant workers “lured” into drinking uranium-laced fruit juice as part of a medical experiment.

Jonathan Elinoff: Israeli Art Students Had WTC Construction Passes Jonathan Elinoff | I was contacted by an individual who led me to this information about the art students living in WTC Tower 1 before 9/11.

Journalist vows to follow up on ‘Israel organ theft’ Six weeks after he caused a political storm over his article on alleged Israeli organ thefts, the Swedish journalist behind the controversy says he will not quit the story despite receiving hundreds of death threats.

netanayahu: No war crimes trials for israeli war criminals – so if he say so the world should obey- The World Court has jurisdiction to meet out justice lest they be branded cowards/hypocrits (AP)

Former israeli Deputy Defense Minister: iran Strike on Christmas Political Theatrics | Tis the season to be jolly… and mass murder innocents.

Iran: israel's threats inexplicable Iran's ambassador to UN demands Security Council take steps against comments made by Ephraim Sneh, who said israel would attack Iran if sanctions weren't in place by Christmas

Microsoft 7, Bill Gates, the CIA “The FREE SOFTWARE FOUNDATION (FSF) is to write to the leaders of 500 of the most influential non-governmental organizations (NGOs) worldwide to urge them to refuse Windows 7.”

FBI-Stung Terrorist Targeted Dallas Office Tower where CIA Agent/County Republican Party Chairman Works, CIA Cocaine and 9/11 Ties

Glenn Beck’s Slick Propaganda Segment on the H1N1 Vaccination Kurt Nimmo | The government wants a preponderant number of people to get vaccinated against a non-existent pandemic by a virus that has so far killed less people than the regular flu season. Former Lieutenant Colonel Sues Florida Over Forced Vaccination Policy Paul Joseph Watson | A former lieutenant colonel who almost died from taking a smallpox shot is suing the state of Florida over a law that allows the government to forcibly vaccinate the public in the event of a pandemic. Geithner’s Appointment Book: Taking Orders from the International Bankers Kurt Nimmo | Geithner is a key player in a long-running bankster plot Japan threatens to kick out US troops Telegraph | Resentment against their presence has grown in recent years due to a series of crimes committed by service personnel. Former White House Speechwriter Suggests Military Coup Could Oust Obama Former White House speechwriter John L. Perry has courted controversy by suggesting that the U.S. Military, upholding their oath to defend the Constitution against domestic enemies, could stage a bloodless coup to oust President Obama. WIRE: Obama's woes keep piling up around globe...

War Mongerers israel, u.s. to hold provocative maneuvers as Iran talks simmer

Israel foreign minister: Peace deal impossible now (AP)

Peer Pressure: Why Even Sophisticated Investors Succumb to Groupthink
8 Common Mistakes Investors Make

· · Succumbing to tunnel vision.

· · Being overly reliant on experts.

· · Not realizing how much we're influenced by peer pressure.

· · Viewing each problem as unique.

· · Illusion of understanding.

· · Assuming there's a definitive answer.

· · Assuming all risks are factored in.

· · Confusing luck versus skill.

The 'Buy Anything' Market It's the "buy anything market" brought to you courtesy of the destruction of your currency… [the following comments were so astute that I’ve included them hereafter]

· 1. MARK BERN: It's pretty scary to me when even companies that are significantly under-performing on revenue and earnings are keeping up with those companies that performing well. I suspect that this sort of action will end badly, with those companies that are undeserving getting slaughtered when fundamentals start to matter again. It's really kind of reminiscent of the good old dot com days when earnings didn't really matter. All such improprieties do end. The dream will end and we will all wake up hoping that we did pay attention to those silly things like revenue growth and earnings after all.

· 2. MARK ACE: This is the most honest article I have read in along time, but there may be a few reasons below the surface that are driving at least some of this insanity. The charts and technicals suddenly look better to the computers doing the trading as many of the big dips from last year have now fallen off of the charts and stats. The ETF mania causes stocks to be grouped by industries or indexes with little regard for individual performance or fundamentals and ETF buying is now a market force. Pure greed is overriding too many decisions with too many investors afraid of missing out and creating a psychology of panic buying and still pushing some short sellers into covering. However, I think a big driver is simply the notion that cash is trash and so with the dollar diving holding any other asset is a plus at the moment. Ultimately the falling dollar will cause other problems costing investors dearly in purchasing power, but the gains look good on paper and beat the losses possible from holding dollars and not investing them. Unfortunately, there are too many conflicting variables out there in the form of considerations like: government interventions, herd mentality buying and selling, quick moving currency valuations, artificial interest rates and potential inflation affecting investments decisions far more than individual fundamentals of individual companies I used to be an avid DD guy, but have now found it to be a waste of time.

Massive Ordnance Penetrator: Another Sign Obama Will Strike Iran TV Mind Control – A new trailer for ‘Fall of the Republic’ Infowars | As another new trailer reveals, ‘Fall of the Republic’ goes far beyond the words and actions of Barack Obama and his controllers to the TV-based mind control that allows their dark agenda to take hold in the minds of the general public. Obama Supports Speech Limits at United Nations … What an embarrassment he’s become …s

Gore Vidal’s United States of Fury The current spasming death of America was foretold at its birth, Vidal says, and it can only be understood by whirling back there. It has been his mission to explain the past to the “United States of Amnesia,” through his novels and essays. When he speaks, he sweeps over two millennia of history – from Caesar to Obama – as if he was there, forever spraying one-liners from the back row. Today, he was stopped time in Philadelphia, at the birth of the republic. “Benjamin Franklin saw all this coming,” he says. “I quote him because most Americans don’t even know who he was now. You’ll have to explain to your readers.” Franklin was a writer, scientist and soldier who became one of the founding fathers of the United States. “In Philadelphia in 1781, when the constitution was being put together, he was an observer. He didn’t want to have any part of it, and as he was leaving the Constitution Hall in Philadelphia a couple of old ladies said, ‘Ah, Mr Franklin, what is going to happen?’ He told them: ‘Well, you’re going to get a Republic, if you can keep it. But every constitution of this sort has failed since the beginning of time due to the corruption of the people.’”

SO THE AMERICAN PEOPLE ARE CORRUPT? AMERICANS WEREN’T GOOD ENOUGH FOR AMERICA? “PRECISELY. THEY WERE ONLY GOOD ENOUGH TO BE A RESTIVE COLONIAL POWER – OR THE DREGS OF ONE.”

Obama Under Fire Over Falling Dollar As Gold Nears $1050 The sharp fall in the US dollar is giving ammunition to the critics of the Obama administration and fuelling broader concerns about the erosion of America’s reserve currency status. Sellout: Code Pink Reconsiders Anti-War Stance Now Obama Is In Office Recession Spells End for Many Family Businesses

DRUDGEREPORT: `Obama under fire over falling dollar...`
`Alarm over debt draws together diverse coalition...`
`Budget deficit hits $1.4 trillion for '09...`
`GOLD $1,500?`
`Shouts of 'Stop printing money' greet Dem congressman at townhall...`

US Of Necessity Cedes Economic Independence To IMF Dick Morris discusses how the United States, at the G20 conference, put itself under the guidance and, ultimately, control of the International Monetary Fund even as it succeeded in turning more power in that organization over to debtor nations. The Declaration of Independence is being repealed before our eyes.

Entering the Greatest Depression in History Andrew Gavin Marshall | The economic crisis is anything but over, the “solutions” have been akin to putting a band-aid on an amputated arm. Roubini Sees Stock Declines as Soros Warns on Economy Expect Economic Stagnancy, If Not Worse, for Years to Come Obama referred to Friday's jobs data, a loss of 263,000 jobs (roughly 100,000 more than economists expected) as sobering. Well, I agree, but to say it was unexpected is to buy into those that thinks we are in recovery phase. To me we are in the lull before the storm. By the way, of over 80 economists surveyed, none, not one, predicted the number to be as high as 263,000. That reality is sobering. But if you really want something sobering, I suggest the following link. As the author points out, if you are expecting consumers to start spending more money for an economic rebound then you are sadly mistaken. They are already spending at very high (record) levels in terms of a percentage of personal income and as a percentage of GDP. And even that is not really lifting us out of this recession absent government support. Even though consumers are pretty much spending as much as they can, the economy is still struggling. So I don't expect things to improve from here. And as this piece points out, we are in for a world of hurt due to the size of the private debt that has built up. Charts Predict Downside for the Markets Shorting the Double Dip The double dip has begun… The reported unemployment number is 9.8%; real unemployment is 20% if you include those who have stopped looking and part time workers wanting to work full time. And the labor force participation rate is at a 23 year low... The Recovery That Isn’t Peter Schiff | Americans are once again taking the government’s bait by spending money they don’t have to buy things they can’t afford. Dangers, Failures, Diversions and Shortfalls Bob Chapman | Yes, too big to fail is still in vogue, just as it was in the 1930s. The Real Reason the Giant, Insolvent Banks Aren’t Being Broken Up US Lost Credibility by Saying Banks Were Healthy, Audit Says World Bank and IMF join global attack on the dollar Larry Edelson | Washington has no choice but to devalue the dollar — and how global leaders and even the United Nations have joined the attack on the greenback by demanding it be replaced as the world’s reserve currency. US economic decline forges new world order Agence France-Presse | “The American engine is not as strong as it was before,” IMF managing director Dominique Strauss-Kahn said in a speech. Expert on Structured Finance and Derivatives Gives the Big Picture Wall Street disguised these toxic “investments” with new value-destroying securitizations and derivatives. Meanwhile, collapsing mortgage lenders paid high dividends to shareholders (old investors) and interest on credit lines to Wall Street (old investors) with money raised from new investors in doomed securities. New money allowed Wall Street to temporarily hide losses and pay enormous bonuses. This is a classic Ponzi scheme… 300 Members of The House Support Audit the Fed Roubini: Stocks, Commodities Have Risen 'Too Much, Too Soon, Too Fast'... TARP Boss Plays Soft Ball with the Banksters Kurt Nimmo | The “gigantic train of crime” is rolling again and it will be far worse than it was in 1929 and the 1930s. Study: Bernanke, Paulson misled public on bailouts Euro Banks May Have to Raise $78 Billion: JP Morgan U.S. Suffering Permanent Destruction of Jobs HSBC Chief Warns of Second Downturn: Report Unemployment to Rise Through Most of 2010: Roubini

Dr. Oz Will Propagandize For H1N1 Vaccine, But He Won’t Give It To His Kids Doctors Concerned FluMist Vaccine Could Spread Live H1N1 Virus New Trailer for ‘Fall of the Republic’ FBI Veteran Executive Calls For Special Counsel Investigation, Prosecutions in Sibel Edmonds Case La Raza President Wants Health Care Reform for ‘Everyone,’ Including Illegal Aliens

Jerusalem provocations decried

Abbas Cancels israel War-Crimes Report, Boosting Hamas (Time.com) Time.com - The decision by Palestinian Authority President Mahmoud Abbas to suppress a U.N. investigation of documented war crimes in Gaza has presented a massive political gift to Hamas

Fall Of The Republic & The Rise Of The Resistance Autism Explodes As Childhood Vaccines Increase

First Order of Business for Post-Lisbon EU: Appoint War Criminal As President James Corbett | The coming weeks and months will be the most critical for the creation of this pumped-up regional superpower.

Obama agrees to keep Israel’s nukes secret Washington Times | Obama has reaffirmed a 4-decade-old secret understanding that has allowed Israel to keep a nuclear arsenal without opening it to international inspections which is just dandy for u.s. credibility, truth, and justice, all of which are foreign to america today.

us trying to downplay Iran’s Geneva achievements

Judge Napolitano on Iran War Rhetoric Infowar | Judge Andrew Napolitano talks about the troubling rise in war mongering rhetoric against Iran. Pepe Escobar | Brazilian President Lula is an island of common sense in an ocean of bomb Iran hysteria.

Mahmoud Ahmadinejad revealed to have Jewish past further lending credibility to his legitimate concerns over the zionist aspirations in the region and israel’s illegal acts in violation of international law, u.n. resolutions, genocide against the palestinians, war crimes, etc.t

RAMALLAH: Several Palestinian political factions and human rights organizations on Saturday harshly criticized the Palestinian Authority’s request to defer a UN Human Rights Council vote on a... Israel restricting Arab Americans' travel

8 US Troops Killed in Siege of Outpost Washington Post - KABUL, Oct. 4 -- US commanders had been planning since late last year to abandon the small combat outpost in mountainous eastern Afghanistan where eight US soldiers died Saturday in a fierce insurgent assault. U.S. troops call Afghan region ‘Vietnam without napalm’ Ten US soldiers killed in Afghanistan

UN: Iran Has Data to Make Nuclear Bomb but israel illegally already has many such nuclear bombs... US President Barack Obama will not pressure Israel to publicly disclose its suspected nuclear weapons program, nor will he pressure the Jewish state to sign the nuclear Non-Proliferation treaty, the Washington Times reported on Friday, which is just dandy for u.s. credibility, truth, and justice, all of which are foreign to america today. .

Israel names Russians helping Iran build nuclear bomb and rational world would say so what until israel identifies the operatives who stole the american nuke technology to build their bomb b

ElBaradei says nuclear Israel number one threat to Mideast...

wobama shows he stands for nothing, lacks courage, has done nothing of what he promised, has failed, and breaks precedent by not meeting Dalai Lama...
ARABS RATIONALLY, ALONG WITH WHAT REMAINS OF RATIONAL WORLD, PLAN TO DROP DOLLAR

SHORTING THE DOUBLE DIP 10-4-09 Michael Shulman

The double dip has begun.

Statistically, we will see a rise in GDP in Q3 and in Q4. This is anticipated and meaningless data, but the numbers will hit headlines.

In the real world, the double dip has begun. Here is why - no one seems to be willing to pull things together in one short argument, perhaps for fear of being bored by a bull wearing green shoots. Simply put, all the core factors in driving an economy upward are broken other than pundit comments talking about "it must turn upward base on historical data." ..

Unemployment: The reported unemployment number is 9.8%; real unemployment is 20% if you include those who have stopped looking and part time workers wanting to work full time. And the labor force participation rate is at a 23 year low.

National Income: Wages are falling and work hours are stagnant, according to Friday's jobs report, and combine these data with a shrinking work force and rising unemployment and you continue to have a sharp downturn in national income.

Consumer Spending: National income drives consumer spending, which is contracting due not just due to falling national income but rapidly contracting credit lines and a near 40% loss of accumulated wealth in the property and equity markets. And while consumer spending ostensibly is 70% of the economy, this includes spending on health care - love those government statisticians - so contraction has an incredibly outsized impact on consumer discretionary spending - luxury goods, travel, restaurants, unnecessary goods, expensive goods - anything you can trade down from to a lower level of price with equivalent functionality.

Credit Contraction: The credit contraction has been ferocious for consumers and small businesses as noted this morning by uber analyst Meredith Whitney (one of my favorites) in the Wall Street Journal. Depending on how you slice data, almost all increases in consumer spending since either 2002-2003 or 1997 has been due to credit. Trillions have been withdrawn and Ms. Whitney postulates another $1.5 trillion dollars will disappear in the coming months due to banking caution and changes in regulations. Given the total lack of credit to small business, and this segment is 38% of GDP and 50% of new job creation, there cannot be a recovery until credit begins to flow.

Zombie Banks: Nothing has changed with toxic assets and zombie banks - nothing, and even the IMF said this - and another $1.5 trillion needs to be written down, at least. Just because these assets are not in the headlines, and the Fed, the Treasury and the FASB faked stress tests and changed accounting rules, this does not mean the banks are or will be lending in a meaningful way in the near future. The Fed prints money, the banks sit on it to shore up busted balance sheets.
Business Investment: There are too many factories around the world, too many shopping malls an stores, too much commercial real estate - and at levels beyond all historical norms or comparisons. The first several legs of a rebound needed to absorb this capacity before we see any uptick in business investment that materially helps the economy.

The End of Stimulus: The buy gold and build a bomb shelter types have been screaming about the Fed printing money - what the Fed did was print enough money (they added a trillion to their balance sheet) to replace what was lost in the shadow and real banking systems - but not enough to replace what will be lost in the next 12-24 months. That being said, there is no political support for more stimulus. Deficits and a Congressional election preclude another stimulus package next year and the Fed and Uncle Sam have already said they are definitely pulling back, beginning November 1. We saw what happened to auto sales after Cash for Clunkers ended; ditto for home sales data in the coming weeks as the $8K tax credit expires. The bottom line: the economy will be much on its own next year.
Corporate Earnings: Corporate earnings follow the economy and they may be all right for Q3 and perhaps Q4 but they are going to disappoint the Street in 2010, big time. You can only cut costs so much - you need some top line growth - and it is only going to be there next year.

Markets: And one historical norm I like is the regressing of markets to the mean of corporate earnings. Translation - the market should be coming down next year or perhaps in 2011.

What to Do:

If you like to short, consider the following - short the S+P (puts on the SPY), long term; short consumer discretionary spending via puts on the XLY; short the companies making stuff know one needs, like Harley Davidson (HOG) and Brunswick (BC); short companies making things no one can get credit to buy, such as new homes, via puts on the XHB ETF; short business spending via travel companies, the first thing to be cut in a business cutback, via puts on Avis (CAR); short retailers with terrible balance sheets, notably Macys (M).

EXPECT ECONOMIC STAGNANCY, IF NOT WORSE, FOR YEARS TO COME by: Craig Brown October 04, 2009

Obama referred to Friday's jobs data, a loss of 263,000 jobs (roughly 100,000 more than economists expected) as sobering. Well, I agree, but to say it was unexpected is to buy into those that thinks we are in recovery phase. To me we are in the lull before the storm. By the way, of over 80 economists surveyed, none, not one, predicted the number to be as high as 263,000. That reality is sobering.

But if you really want something sobering, I suggest the following link. As the author points out, if you are expecting consumers to start spending more money for an economic rebound then you are sadly mistaken. They are already spending at very high (record) levels in terms of a percentage of personal income and as a percentage of GDP. And even that is not really lifting us out of this recession absent government support. Even though consumers are pretty much spending as much as they can, the economy is still struggling. So I don't expect things to improve from here.

And as this piece points out, we are in for a world of hurt due to the size of the private debt that has built up. We may do well in the short to medium term while government spending/stimulus props us up, but that will in time end and then we are all in for a world of hurt.

Now I hate repeating myself so much, but let's consider the math and see where it leads us:

· · The unemployment rate is nearing a two decade high;

· · Those with jobs are working the these least number of hours per week ever (roughly 33);

· · Adjusted for inflation, hourly wages are at their lowest in three decades;

· · Overall debt, government and private, is at record levels;

· · Foreclosures are mounting on both a residential and commercial level;

· · There are an estimated 13 months worth of shadow inventory of houses, i.e. those that will be for sale but are being held off the market for one reason or another;

· · When closing costs are considered, nearly 50% of all homes are under water on their mortgages;

· · We have now reached a record in terms of unemployed people who are staying unemployed beyond their unemployment benefits;

· · We also have a record in terms of job availability for the unemployed with job openings only there for one in six who are unemployed;

· · Our economy is over two thirds reliant on consumer spending, which is a totally unsustainable model going forward;

· · Financial companies have doubled their GDP contribution in the past decade or so, though it is now obvious that they are not adding any benefit to the economy; and

· · I am tired of repeating all this bad news with seemingly no one paying attention.

Folks, I am not saying when the problems will sink in and take hold, but they have to at some point. At the very best, our economy will be stagnant for years to come, probably over a decade. More likely, in my opinion, we have a world of hurt on the way with the only question in my mind being when will this reality sink in? …

DRUDGEREPORT: THE EGO HAS LANDED
WORLD REJECTS OBAMA: CHICAGO OUT IN FIRST ROUND
Rio erupts in celebration with 2016 Olympics...
America stunned...
UNEMPLOYMENT 9.8%: WORST SINCE JUNE 1983 ... -263,000 LOST JOBS...
17% rate including laid-off workers taking part-time work or given up...
Philippines Declares 'State of Calamity'; Typhoon Triggers Evacuations...
Frantic search as Indonesia quake toll tops 1,000...

Afghanistan: UN fires US envoy as US strategy stalls WASHINGTON: The top American official at the UN mission in Afghanistan was fired Wednesday after disagreeing with his boss on how to deal with widespread fraud charges from the presidential election....

U.S. troops call Afghan region ‘Vietnam without napalm’

Sec. State Clinton Repeats Obama Lie to Threaten Iran

Iran’s Nuclear Threat Is a Lie

Philippine rebels demand pullout of US troops

Russia urges world not to get too ‘emotional’ about Iran

Israeli Army jeep crushes Palestinian teen to death

DRUDGEREPORT: UPDATE: Powerful 8 mag quake strikes near Samoa...
Tsunami causes deaths...
Villages 'wiped out'...
Philippine death toll rises as new storms brew...
HEALTH CARE WORKERS REVOLT: 'NO FORCED SHOTS!'
Officials: Fed will need to boost interest rates quickly...
FDIC says bank failures to cost around $100B...
World Bank Head Sees Dollar's Role Diminishing...
OLYMPIC SPIRIT: VIDEO SHOWS BRUTAL GANG MURDER IN CHICAGO
American, EU , Israeli spies split on Iran's efforts to design nuke warhead...
RASMUSSEN POLL: Support for Health Care Plan Falls to New Low; 41% Favor 56% Oppose...
Liberal Dems seek access for illegals...
Senate committee scheduled for too-close-to-call vote to block use of insurance vouchers for abortions...
Obamacare: Buy insurance or go to jail!
Andy Williams accuses Barack Obama of following Marxist theory...
Michigan faces govt. shutdown...
Large-loan bank losses triple to $53 billion...
Fresh bailouts for smaller banks being weighed...
Defaults on Credit Cards Climbed to Record 11.49%...
British Delegates Walk Out Embarrassed By Their Balfour Blunder...
Czech president: Climate meeting was propaganda...
Commanders back Afghan troop hike assessment…What do you expect them to say? They’re always for budget bustin’ their way…After all, just tax money, not theirs…Remember the Iraq debacle…Remember, america’s defacto bankrupt!...
Obama to push for new economic world order…careful what you wish for-any new economic world order relegates u.s. to 3^rd world banana republic status, worthless currency/paper, deficits, gunboat diplomacy and all...
FBI arrests Jordanian for downtown Dallas bomb plot...
Illinois man charged in plot to bomb federal offices...
Terror suspects accused of targeting Marine base in Quantico...
Men vanish after taking photos of Philly subway system...
SHOCK VIDEO: School kids taught to praise Obama...
NEW PUSH FOR GLOBAL CURRENCY...
HSBC bids farewell to dollar supremacy...
K-9 Units Probe Schools To Stem Heroin Epidemic...
Teacher Stabbed to Death by Student...
Administration to Cut 384 Agents from Mexican Border…sounds like a plan...
Says Climate Change 'Irreversible Catastrophe' If Not Addressed...
UK Paper: 'Obama the impotent: The disappointment is tangible'...
Why is everyone saying no to him?
NY GOV BLAMES PRESIDENT FOR WOES
UN Climate Summit Leaves Large Carbon Footprint in NYC; 'Each foreign leader has a convoy of vehicles'...

Iran: US, UK, France deceiving world on their nukes

“The US wants to punish country that israel doesn’t like” Iran discloses location of nuclear site

Probe Gaza crimes, us perfunctorily tells fox in henhouse israel

Palestinians call for Israel to be ‘punished’ for Gaza offensive As it turns out that the Obama vision for a Middle East peace is a flop.

World Bank Head Sees Dollar's Role Diminishing... Fed didn’t bark at subprime loan abuses The Anti-Fed Revolution Is Happening Michigan faces govt. shutdown... Zoellick Says U.S. Shouldn’t Take Worthless Dollar’s Primacy for Granted Bloomberg | World Bank President Robert Zoellick said the U.S. shouldn’t take for granted the increasingly worthless dollar’s status as the world’s main reserve currency.

Congressman Sherman: Geithner’s Proposal is ‘TARP on Steroids’ Paul Volcker and senior Harvard economist Jeffrey Miron both testified to Congress this week that the government is trying to make bailouts for the giant banks permanent.

Merck employees had “hit list” of doctors they sought to “neutralize”, court documents reveal (opinion) Previously secret documents that surfaced at a Vioxx court case in April of this year reveal pharmaceutical giant Merck maintained a “hit list” of doctors to be “neutralized” for speaking out against Vioxx.

This Tuesday, Sept. 22, 2009 picture provided by the Pennsylvania Society for the Prevention of Cruelty to Animals' shows a female cat covered in duct tape from head to toe which was dumped in a yard in the Rhawnhurst section of Philadelphia, but found by the SPCA Tuesday. Medical staff at the Pennsylvania SPCA were able to successfully remove the tape. A $1,000 reward is being offered for information leading to the conviction of whoever wrapped the feline.

CDC Drafts “Isolation Order” for H1N1 School Kids Praise Obama and the State in Video Lawyer says Oklahoma City bombing tapes edited Provocateur Cops Caught Disguised As Anarchists At G20

U.S., NATO Poised For Most Massive War In Afghanistan’s History Rick Rozoff | America’s longest armed conflict since that in Indochina and NATO’s first ground war threatens to not only remain the world’s most dangerous conflagration but also one that plunges the 21st Century into a war without end.

Building a Pretext for Mass Murder: Iran’s “Secret” Enrichment Facility Kurt Nimmo | Iran’s sharia-compliant assets are a threat to the international bankers and their plan for a one-world government and global slave plantation.

G20 Police & Military Savagely Attack Peaceful Protesters In Pittsburgh Park Paul Joseph Watson | Police and military units savagely attacked peaceful protesters in a Pittsburgh park last night and Infowars reporter Rob Dew was arrested during the melee.

Obama’s Hell-Ride to War on Iran Daniel McAdams | Antiwar movement: largely silenced. Credible proof of outcome-changing fraud: none. Coming cost in death and destruction: priceless.

Scott Ritter: Obama Is Technically & Legally Wrong On Iran Nukes Simply put, Iran is no closer to producing a hypothetical nuclear weapon today than it was prior to Obama’s announcement concerning the Qom facility.

Italy: World won’t support Israel attack on Iran Italy’s foreign minister Franco Frattini says the global community will not support an Israeli attack on Iran, describing such a move as ‘catastrophic’.

Radical solutions needed to resolve global conflicts NEW YORK: Saudi Arabia yesterday called for radical solutions to global conflicts including the Arab-Israeli conflict on the basis of UN resolutions and international law.

Palestinian "moderate" government slams Israel on mosque (Reuters) Palestinian teens wounded by Israeli fire in Gaza: medics (AFP) In a speech before the UN General Assembly on September 24, International law violator israel Prime Minister netanayahu plays holocaust card to launch a blistering attack on Iran and Hamas.

US To Face ‘Armageddon’: China, Japan Can’t Keep Buying Worthless Debt Peter Schiff Says Gold to $5,000/ounce and US Market Rally Will Fade “The Federal Reserve is There to Accommodate the Politicians.”

When Housing Is Priced in Gold Pricing U.S. homes in gold reveals that housing has fallen by two-thirds from its 2005 peak.

Armored Police Seize University of Pittsburgh Campus, Attack Students, Then Claim They Were Stopping Anarchists Video From G20 the Corporate Media Will Never Show You Kurt Nimmo | Students learn what the New World Order and federalized and militarized police are all about. Military Police Kidnap G20 Protester, Shove Him Into Unmarked Car Paul Joseph Watson | A shocking scene that wouldn’t look out of place in the darkest days of Nazi Germany – welcome to Amerika in 2009.

DRUDGEREPORT: Obamacare: Buy insurance or go to jail!
Large-loan bank losses triple to $53 billion...
Fresh bailouts for smaller banks being weighed...
Defaults on Credit Cards Climbed to Record 11.49%...
British Delegates Walk Out Embarrassed By Their Balfour Blunder...
Czech president: Climate meeting was propaganda...
Commanders back Afghan troop hike assessment…What do you expect them to say? They’re always for budget bustin’ their way…After all, just tax money, not theirs…Remember the Iraq debacle…Remember, america’s defacto bankrupt!...
Obama to push for new economic world order…careful what you wish for-any new economic world order relegates u.s. to 3^rd world banana republic status, worthless currency/paper, deficits, gunboat diplomacy and all...
FBI arrests Jordanian for downtown Dallas bomb plot...
Illinois man charged in plot to bomb federal offices...
Terror suspects accused of targeting Marine base in Quantico...
Men vanish after taking photos of Philly subway system...
SHOCK VIDEO: School kids taught to praise Obama...
NEW PUSH FOR GLOBAL CURRENCY...
HSBC bids farewell to dollar supremacy...
K-9 Units Probe Schools To Stem Heroin Epidemic...
Teacher Stabbed to Death by Student...
Administration to Cut 384 Agents from Mexican Border…sounds like a plan...
Says Climate Change 'Irreversible Catastrophe' If Not Addressed...
UK Paper: 'Obama the impotent: The disappointment is tangible'...
Why is everyone saying no to him?
NY GOV BLAMES PRESIDENT FOR WOES
UN Climate Summit Leaves Large Carbon Footprint in NYC; 'Each foreign leader has a convoy of vehicles'...

Abbas rules out talks with Israel NEW YORK: The Palestinians cannot return to peace talks at this time because of “fundamental disagreements” with Israel on what should be on the agenda Middle East peace: Obama’s choice

Rational Brzezinski: Shoot Down Israeli Planes If They Attack Iran

Afghanistan: Where Empires Go to Die Dahr Jamail | Genghis Khan could not hold onto Afghanistan. Neither will the United States.

US General Warns 'Failure' in Afghanistan Without New Troops By VOA News The top US and NATO military commander in Afghanistan is warning that the mission "will likely result in failure" if more troops are not sent within the next year. Report: Troops needed to avoid Afghan failure The Associated Press US in Afghanistan failure warning BBC News Yeah! Cover the bases and you’re a** . Troops forever to preserve budgets and military industrial complex, war crimes, war profiteering while further bankrupting the nation. Most all honorable military having left the service in protest, retirement, passage of time, the u.s. military is now but a collection of past, current, or future felons and warmongering profiteers and war criminals, without any honor whatsoever.

Corporate Media Distorts Ahmadinejad Speech as Pretexts for Iran Attack Pile Up

RATIONAL MEDVEDEV: ISRAELI ATTACK ON IRAN WOULD BE 'WORST THING THAT CAN BE IMAGINED'...

Zbig Brzezinski: Obama Administration Should Tell Israel U.S. Will Attack Israeli Jets if They Try to Attack Iran The national security adviser for former President Jimmy Carter, Zbigniew Brzezinski, gave an interview to The Daily Beast in which he suggested President Obama should make it clear to Israel that if they attempt to attack Iran’s nuclear weapons sites the U.S. Air Force will stop them.

Kremlin says israel promised not to strike Iran

Gaza: Goldstone’s report…Except for the “usual suspects” (Gideon Levy, Amira Hass and their ilk), the condemnation of the report was unanimous, total and extreme, from Shimon Peres, that advocate of every abomination, down to the last scribbler in the newspapers. Nobody, but nobody, dealt with the subject itself. Nobody examined the detailed conclusions. The instinctive reaction in such a situation is denial. When a human being is faced with a situation which he cannot handle, denial is the first refuge. But with us it has been developed into an art form. But a profound debate on the Goldstone report is going on. Not about its content, But about the one point that is really important: Was our government right in deciding to boycott the commission? Why did the Israeli government boycott the commission? The real answer is quite simple: They knew full well that the commission, any commission, would have to reach the conclusions it did reach. In fact, the commission did not say anything new. Almost all the facts were already known: The bombing of civilian neighborhoods, the use of flechette rounds and white phosphorus against civilian targets, the bombing of mosques and schools, the blocking of rescue parties from reaching the wounded, the killing of fleeing civilians carrying white flags, the use of human shields, and more. The Israeli Army did not allow journalists near the action, but the war was amply documented by the international media in all its details, the entire world saw it in real time on the TV screens. The testimonies are so many and so consistent, that any reasonable person can draw their own conclusions…

Road to peace blocked by israel, says Abbas israel shuts Muslims out of Ibrahimi Mosque

UN body tells Israel to allow N-inspection VIENNA: The UN nuclear assembly voted on Friday to urge Israel to accede to the Non-Proliferation Treaty and place all atomic sites under UN inspections, in a surprise victory for Arab states. The...

Israel bars Muslim worshippers from reaching Al-Aqsa

Iran president says Holocaust “pretext” to form Israel Iranian President Mahmoud Ahmadinejad said Friday the Holocaust was a “lie” and a pretext to create a Jewish state that Iranians had a religious duty to confront.

Israel spurns call for Gaza war probe JERUSALEM: Israel has rejected call for an independent inquiry into its conduct in the Gaza war. UN-appointed investigators who concluded that Israel committed war crimes and crimes against humanity...

‘Israel committed war crimes in Gaza’

Israel defense chief: Iran not an existential threat

Ahmadinejad says Truth in Light of Actual Numbers of Other WW2 Casualties (Polish, Russian, etc.), Holocaust a lie, Israel has no future

‘Israel committed war crimes in Gaza’

Israel defense chief: Iran not an existential threat

BULLISH STANCE IS WEARING THIN John Browne…And the markets just don't get it. Technically, S&P profits are down some 90 percent, but the Index has risen to push P/E ratios to levels not seen since 1929. The financial media's cloying banter about ‘green shoots' is reminiscent of "Baghdad Bob," the comically delusional Iraqi information officer who denied the advances of American forces even as U.S. tanks overran Saddam's headquarters. Some talk of a “jobless recovery.” In the past, such an event could only occur when an asset boom (such as a real estate bubble) provided Americans with non-employment income. Today, there is little prospect of such a boom. Stock markets tend to reflect financial hope. Given today's situation, investors might be wise to prepare themselves for economic reality by investing selectively in more prudent economies abroad.

Bernanke Says Recession Over. Should You Believe Him? Barry Ritholtz | Based on his track record as a forecaster and his acumen in identifying economic problems before they exploded, his views on starts and finishes of recessions are, to be blunt, irrelevant.

“You Have to Learn Lessons from History” Cindy Sheehan | Our “leaders” are out of control and there is no mass movement of Americans who will be able to get out in the streets to stop the homicidal maniacs.

White House Mapping Internet Users’ Data For Mass Archives Obama Pushes For Renewal Of Warrantless Spying On Americans CIA-Linked Intel Center Releases Highly Suspicious Bin Laden Tape Former KGB Colonel: It’s America’s turn to lose in Afghanistan EU observers say 1.5m Afghan votes fraudulent/’suspicious’

BULLISH STANCE IS WEARING THIN John Browne Readers familiar with my views know that I believe that the current stock market rally is a bullish chapter in an otherwise bearish novel. In the spring of this year, I had said I would not be surprised if the Dow were to hit 10,000 by the end of summer. While I was a little too optimistic on that particular forecast, it now looks as if U.S. stock markets are a bit ‘toppy' and a reversal may be in the cards. Seven factors, five tactical and two strategic, cause me to see a change in the wind. Tactically, the employment situation, falling house prices, tight credit, a sliding U.S. dollar and depressed world trade are cause for deep concern. But as these factors could show rapid changes over the short term, I am less inclined to set my investment bearings by these readings. More troubling are the two strategic issues, the continued creation of excessive debt in the United States and the continued growth of consumer spending as the overwhelming driver of U.S. gross domestic product (GDP). In order for a bull market in U.S. stocks to be sustainable, these problems must be brought to heel. However, making a dent in these imbalances would require the sort of political courage that is vanishingly rare in D.C. For the tactical investor, the following portends a coming correction:

Unemployment

Recently, Wall Street cheerleaders seized on the falling rate of unemployment growth as a sign of economic recovery. In July, the official figures showed unemployment increasing by some 216,000. If this were a reflection of reality, it would be a sign of possible improvement. However, the often-ignored figure for employment, as opposed to unemployment, showed some 980,000 less people employed, or 4.5 times more than the unemployment figure! How could these two vitally important totals differ by some 764,000? The short answer is that the government excludes from the unemployment figures all those who have given up hope of finding a job and all those who have settled for part-time jobs. In other words: if you have stopped looking for a job, congratulations, you are no longer unemployed! So much for government statistics. The true level of unemployment has been estimated at 20 million, or double the official figure.

Home Prices

In recent days, reports have emerged to show that home prices have stabilized. Given the dismal fundamentals of the real estate market, we had projected that national home prices would have needed to fall an additional 20 percent from current levels in order to return to the Case-Schiller 100-year trend line. But given the massive and continued Federal involvement in every facet of the home buying process, there is nothing at all ‘fundamental' about home prices today. Absent this intervention, prices would continue to fall. Since the federal treasury does have its limits, the outlook for real estate subsidies, and therefore the entire sector, is still negative.

Tight Credit

Despite reckless federal efforts to boost liquidity, credit remains tight. This reality is the market's own discipline signaling that the fundamentals remain unsound. Meanwhile, the Fed is inhibiting liquidity to shore up the money center banks by, for the first time, paying interest on bank reserves it holds. The banks thus have little incentive to lend to small businesses, the largest job creators, or to individuals. As an aide, this may also be serving to hide the effects of the Fed's currency expansion by slowing the velocity of new cash.

Collapsing Dollar

Meanwhile, for Americans, the plummeting U.S. dollar is forcing up the price of most commodities, despite decreased demand. This stagflation is a dangerous recipe not only because it neuters any attempt at policy manipulation of the market, but because it hits the underemployed and unemployed with rising prices for everyday goods. While some investors fixate on the symptomatic issues above to determine their strategy, we choose to focus on the underlying malady itself. Keeping your eye on these unfortunately static conditions will provide a solid point of reference by which to navigate:

Conspicuous Consumption

The Obama Administration has shown no appetite for allowing consumers to reign in their spending habits. So, consumption still accounts for some 70 percent of American GDP. Where individuals have tried to reduce spending and increase savings, stimulus programs and quantitative easing have overridden their gains. Indeed, President Obama's massive expenditure plans for health and educational entitlements will serve to magnify this crucially damaging strategic imbalance.

Exploding Debt

Finally, contrary to election promises of “change,” the Administration shows no signs of controlling its expenditure and massive debt. Indeed, the ill-advised wars fostered by President Bush in Iraq and Afghanistan continue to drain blood and treasure. This Administration appears set to continue its predecessor's mission of unending debt expansion. Due to our failure to restructure, America is finding it harder and harder to compete globally. Instead of taking our lumps, Washington is lashing out with suicidal measures like this week's Chinese Tire Tariff, an ominous prelude to next week's Pittsburgh G-20 meetings. And the markets just don't get it. Technically, S&P profits are down some 90 percent, but the Index has risen to push P/E ratios to levels not seen since 1929. The financial media's cloying banter about ‘green shoots' is reminiscent of "Baghdad Bob," the comically delusional Iraqi information officer who denied the advances of American forces even as U.S. tanks overran Saddam's headquarters. Some talk of a “jobless recovery.” In the past, such an event could only occur when an asset boom (such as a real estate bubble) provided Americans with non-employment income. Today, there is little prospect of such a boom. Stock markets tend to reflect financial hope. Given today's situation, investors might be wise to prepare themselves for economic reality by investing selectively in more prudent economies abroad.

DRUDGEREPORT: Gold surges close to record high...
Dollar To Fall Further...
WHITE STUDENT BEATEN ON SCHOOL BUS; CROWD OF N****RS CHEER...

‘Israel committed war crimes in Gaza’

Israel defense chief: Iran not an existential threat

Israeli Government Ads Warn Against Marrying Non-Jews

‘Israel committed war crimes in Gaza’

The Obama Deception 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)…

TIME TO GET REAL ABOUT WOBAMA! obama had a mandate for real and positive change. his lack of courage changed that. bringing in the insiders at substantial taxpayer (bailout of a massive fraud) expense proved this. his, as bushes' before him, is a failed presidency!

Putin rationally warns against Iran attack BBC | Russian PM Vladimir Putin has warned against military action targeting Iran or imposing new sanctions to curb its nuclear program.

Taliban hold sway over in 97% of Afghanistan because murderous american/israeli alternative is always far worse n

The New Internationally Destructive israel Lobby OUT OF THE MAINSTREAM At work in J Street's offices in Washington, from left: Isaac Luria, campaigns director; Rachel Lerner; Daniel Kohl; Jeremy Ben-Ami…

Iran: israeli/neocon War Drums Begin Beating fast and furious again in Washington

Turki for tough stance on Israel ALKHOBAR: Prince Turki Al-Faisal, former ambassador to the United States and the United Kingdom, in an Op-Ed piece that appeared in Sunday’s New York Times, called on Israel to return Arab lands if...

Israel digging tunnel near Al-Aqsa Mosque

Israel and U.S. jointly target Sweden in propaganda blitzkrieg After the Swedish newspaper Aftonbladet published an expose of the Israeli Defense Forces harvesting the organs from young Palestinians killed by its forces in the West Bank, Israel’s propaganda machine, which has its tentacles in the world’s largest media companies and the Pentagon, went to work on demonizing Sweden.

Netanyahu draws fire in Israel over secret trip Prime Minister Benjamin Netanyahu drew the wrath of Israel’s most influential newspapers on Thursday over what they described as lies issued by his office about a secret flight to Russia.

Iran offers new proposals Afghanistan: Back Door to War on Iran

Over half of Gaza war dead civilians Israeli settlers attack Palestinian village (AFP) Israeli settlement plans violate international law: Ban (AFP)

16 REASONS FOR EQUITIES MARKETS TO FALL SOON David White

· 1. The equities markets have had a huge run up of over 50%. They are overbought. At approximately 18x 2009 Earnings, they are priced far above fair value. At the beginning of March 2009, they were price at only 11x 2009 Earnings. According to Art Cashin and others, fair value for the S&P500 is at about 850 to 880. At approximately 1020, the S&P500 is far from there.

· 2. The Insider Selling/Insider Buying ratio is 30.6. This is the highest that ratio has been since it has been tracked (2004). Those corporate officers probably know something.

· 3. Retail Sales are still decreasing. They were down about 4.4% for Aug. year over year according to Redbook. The much anticipated back to school season has been a bust so far. Even the Cash for Clunkers program, which gave automakers a shot in the arm, disappointed analysts. Plus it likely robbed future auto sales to record better numbers now. The national rate of auto loans that were 60 days past due was up 7.35 percent for the Quarter ended in June. That doesn’t sound like a lot of people are going to be able to afford to buy new cars soon.

· 4. The latest Factory Orders figures were a disappointing +1.3% vs. an expected +2.3%. July Factory Orders excluding transportation were a negative -0.7%.

· 5. Unemployment continues to grow. Last week’s announcement put it at 9.7%. With unemployment still rising, it is unlikely retail sales will improve soon. The lack of consumer buying may also help unemployment continue to grow.

· 6. Although a high percentage of companies beat earnings estimates for Q2, actual earnings were still down approximately -30% for the S&P500 stocks. Earnings predictions for the S&P500 for Q3 are still negative (approximately -20%). Much of this negativity is in the energy and the materials sectors. Q3 is likely the last high oil/commodity price quarter from last year. Future quarters should yield better results in these two areas. Still, most of the improvements to earnings this year have come through greater efficiencies. Very few companies have shown any revenue growth this year. That seems unlikely to change soon with still growing unemployment figures (and anemic retail sales). Companies will need to show revenue growth in order for the economy to really recover.

· 7. The “Flu Season” has started. Swine Flu is rampant in the UK. With respect to business, 72 percent of employers in the UK reported absenteeism due to Swine Flu. 38% of employers in the UK anticipated sales would be hit (Reuters). It is starting to take hold in the US. A presidential panel estimated that Swine Flu could infect 50% of the US population this fall and winter (Washington Post). This could cause 1.8M hospitalizations and as many as 90,000 deaths. I am not sure anyone would want to discount the negative effect this is likely to have on the US economy. This is a worldwide problem. The “real pandemic” is just beginning to take hold. It will have serious negative economic effects. One only has to think of the airline, cruise line, restaurant businesses, etc. to realize how true this is.

· 8. Inflation is starting to rear its ugly head. The ISM August Non-Manufacturing Prices Index rose to 63.1 from July's 41.3. The August ISM manufacturing data Prices index rose to 65 in Aug. from 55 in July. This looks like huge inflation. Fed Governor Hoenig was recently cited as worrying about inflation. He said that the Fed should not leave interest rates too low for too long. The fact that the Fed’s thinking is leaning this way is very bad news for businesses and for the real estate market. Hence it is bad news for the equities markets.

· 9. Both the residential real estate and the commercial real estate markets are still a problem. Residential real estate has shown some gains recently. Still, these gains are precarious. If inflation rears its ugly head soon, the increased interest rates could cause another downturn in residential real estate (i.e. make it effectively much more expensive). Commercial real estate seems to be worsening if anything. In fact, commercial loans are "going to be a bigger driver of bank failures towards the end of this year into next year," said Sheila Bair (FDIC).

· 10. We have had about 89 bank failures so far this year. Kanas predicts 1000 banks will fail in the next 2 years. If that happens, we have a lot of pain to come.

· 11. Wegelin & Co., Switzerland's oldest bank, is telling wealthy clients to sell their U.S. assets. Other Swiss banks may follow suit. Swiss banks account for 27% of the world's privately held offshore wealth (about $2T). If they sell all their US assets, US bonds and stocks will be hurt.

· 12. Consumer Sentiment in August was down to 65.7 vs. 66.0 in July. The Consumer Sentiment Current Index was worse. The August figure was only 66.6 vs. July’s 70.5.

· 13. The Fed is gradually ending stimulatory measures. The Fed is withdrawing money from the money supply after stuffing money in during the prior year. M2 has shrunk at a 3% pace since mid June, while MZM, the St. Louis Fed's measure of liquid money, is down by 2% over the same period. The Fed’s $300B Treasury buying program is set to end in October.

· 14. Prechter has called a bottom on the USD. He says that the only 3% bullish sentiment is a clear sign of a bottom. The charts seem to bear out that the USD is trying to bottom. If the USD starts going up, it likely will cause the US equities markets to go down.

· 15. Commodity prices have generally been going up since March. This will cut into businesses margins. This will make them less profitable, not more. It will be hard to raise prices of finished products appreciably in the current economic environment.

· 16. The charts are indicating a topping pattern. In fact we could be seeing another try at the famous head and shoulders pattern that failed a few weeks ago. It may not fail this time. The decreasing volume as the equities market rose is a strong indicator that the up trend is weakening. It may be in the first phases of a fairly strong reversal.

Swiss topple U.S. as most competitive economy: WEF

UN Calls For Bank Of The World, New Global Currency The United Nations has called for the establishment of a new global reserve currency to be overseen by a bank of the world in an effort to reduce the role of the ever more worthless Weimar us dollar in international trade.

Gold May Advance Toward $1,000 as Weakening Dollar Spurs Demand

Krugman: Most Economists, Including Nobel-Prize Winners, Are Idiots or Fools

Russia oil production overtakes Saudi Arabia

The Alex Jones Show: Charlie Sheen Requests Meeting with Obama Over 9/11 Cover-Up “Challenge Me On The Facts” – How Charlie Sheen Energized The 9/11 Truth Movement Charlie Sheen: Now is the Time to Demand the Truth Charlie Sheen Requests Meeting With Obama Over 9/11 Cover-Up Twenty Minutes with the President The Awful Truth The Media Hides: Highly Credible People Question 9/11

Krauthammer: How wobama lost his magic...

The Widening Gap In America’s Two Tiered Society Wall Street Cashes In On Death Barack Obama accused of making ‘Depression’ mistakes Telegraph | His policies even have the potential to consign the US to a similar fate as Argentina, which suffered a painful and humiliating slide from first to Third World status last century.

Lawmakers seek survival in unpopular, incompetent, and typically corrupt-american-style congress...

U.S. Hypocrisy Astonishes the World Paul Craig Roberts | Americans have lost their ability for introspection, thereby revealing their astounding hypocrisy to the world.

Animal House in Afghanistan

DRUDGEREPORT:Obama to seal US-UN relationship; First American president to chair Security Council...
UN wants new global currency to replace dollar...
NYC/NJ/CA, etc. american Building Inspectors caught on tape taking bribes, dealing drugs...
China alarmed by US money printing...
Switzerland topples America as most competitive economy...
Weakening...
Obama Asks Senate To Increase Debt Ceiling...

Obama space panel says faked moon landing return plan is a no go...

Zogby: Obama Approval Plummets to 42 Percent Newsmax | President Barack Obama’s job approval rating is down to 42%, with a decline in approval from Democrats the leading factor. SLIP SLIDING AWAY: OBAMA APPROVAL AT NEW LOW 45%... Obama is fast losing white voters’ support Where is the Anti-War Movement in the Age of Obama?

Critics march against socialist dictator chavez across Latin America...

Charity: US troops stormed through Afghan hospital (AP) Police: Car bomb in west Iraq kills 7, wounds 10 (AP) Ahmadinejad: Iran ready for nuclear talks (AP)

Israel OK for new settler homes outrages Palestinians (AFP) U.S., Israel on collision course over settlements (Reuters) Chavez tells Israelis to disobey 'genocidal' govt (AP) Israel plans new houses before settlement freeze Israel OKs WB houses

Sweden's rational foreign minister cancels war criminal nation israel visit (AP)

SHOWDOWN: WHITE HOUSE ATTACKS ISRAEL OVER WEST BANK SETTLEMENTS...

NATO commander tries to pacify Afghan anger

Karzai wins tainted poll Peter Graff I Reuters KABUL: Afghan election returns on Tuesday put incumbent Hamid Karzai on course for a first-round victory, but a UN-backed watchdog said it had “clear and convincing evidence of fraud american-style” and...

DRUDGEREPORT: JOBLESS RATE HITS 9.7%...
Teen rate at 25.5%; Highest level since records kept...
Families turn to food stamps as wages drop...

Editorial: Mideast peace It was not just among Americans that Barack Obama raised great expectations when he won last year’s US presidential elections. In this part of the world, people believed that he would solve the Palestinian holocaust at the hands of war criminal Israelis and global war crimes by u.s. but joker obama has become joker war criminal bush term 3.

Israelis kill Palestinian teenager in WB

POLL: 57% Would Vote to Replace Entire Congress...

Fake Dutch 'moon rock' revealed A treasured piece at the Dutch national museum - a supposed moon rock from the first manned lunar landing - is nothing more than petrified wood, ...BBC News BBC NEWS | Europe | Fake Dutch 'moon rock' revealed Prized moon rock a fake - A PIECE of moon rock given to an overseas politician by the United States is actually a lump of petrified wood, museum authorities revealed yesterday. ... 'Moon Rock' in Dutch Museum Is Just Petrified Wood Aug 27, 2009 ... Fake moon rock at Dutch national museum. Rijksmuseum / AP. This rock, supposedly brought back from the moon by American astronauts, ... http://www.albertpeia.com/moonfraud.htm

In reality it is just a piece of petrified wood ... Another piece of evidence that shows again that Apollo program is indeed a fake and a fraud

SOBERING STAT: ARMS INDEX INDICATES MARKET IS AT PEAK, NOT BOTTOM….Brett Steenbarger…What I can tell you with certainty is that two of the past historical occasions in which we've had 20-day price highs and ultra low median 20-day TRIN readings have been March 2000 and late May/early June, 2007. Both corresponded more or less to bull market peaks. The ultra low TRIN seemed to capture frothiness in those markets: lots of volume going into a few speculative, rising issues. Might we be seeing the same thing with the recent pops in such low priced stocks as AIG (AIG), Citigroup (C), Fannie Mae (FNM), Freddie Mac (FRE), CIT (CIT), and Bof A (BAC)? I note that about 2 billion of NYSE volume was concentrated in C, FNM, and FRE alone. Seems like lots of money chasing low-priced volatile financial stocks. Just like lots of money chasing volatile tech stocks or emerging market stocks. Not something you'd see at market bottoms. A bit of a sentiment caveat for this market shrink…

SEEKING ALPHA…Larry MacDonald…Correction…

From TrimTabs Investment Research:

· 1. selling by U.S. corporate insiders in August surged to $6.1 billion, highest amount since May 2008; the ratio of insider selling to insider buying hit 30.6, the highest level since TrimTabs began tracking the data in 2004

· 2. rally supported by short covering — short interest on NYSE stocks plummeted by 10.3% in the second half of July

From David Rosenberg of Gluskin Sheff:

· 1. signs of buyer fatigue appear to be emerging as signaled by the stock market’s lukewarm reception to recent good news (increases in house prices/sales, durable orders, and consumer confidence)

· 2. 50% gain in the S&P 500 since March has market trading at 130 times trailing (reported) earnings

· 3. Investors Intelligence survey shows 51.6% respondents in the bullish camp with just 19.8% in the bear camp — market sentiment hasn’t been this “smug” since the autumn of 2007 (right before the fall)

· 4. weakest periods of the year, September and October, just around the corner

· 5. car purchases to retrench in U.S. following end to cash-for-clunkers program

DRUDGEREPORT: RASMUSSEN POLL: Obama Approval New Low at 46%...
Obama ends frenetic vacation... Tortuous September...

Obama aides see need for more troops in Afghanistan... White House blames Bush for Afghan woes which is preposterous since obama foolishly bought into this war- there are many things joker bush should be accountable for but this is all joker obama...

Stocks Decline From Shanghai to New York as China Index Enters Bear Market...

AFL-CIO, Dems push new Wall Street tax...…The AFL-CIO, one of the Democratic Party’s most powerful allies, would like to assess a small tax — about a tenth of a percent — on every stock transaction…CLEARLY AN ALBEIT TINY STEP IN THE RIGHT DIRECTION TO DISCOURAGE THE CHURN-AND-EARN PROGRAMMED TRADES!…

Israeli planes hit Gaza building Israeli air raid on Gaza Strip (AFP) Israeli ex-PM Olmert indicted for graft: prosecutor (AFP)

Ganging up on Iran Linda Heard | US President Barack Obama is beginning to get a reputation for never failing to disappoint. People everywhere shared so many high hopes for the man who promised “change”, but after seven months into his now failed presidency, he’s just the joker

Coalition strategy in Afghanistan failing, admits US

Why Not Crippling Sanctions for israel and the u.s., war criminal, war profiteering nations they are? In israel, a country stolen from the Palestinians, fanatics control the government. One of the fanatics is the prime minister, benjamin netanayahuu.

DRUDGEREPORT: BILL WOULD GIVE OBAMA 'EMERGENCY' CONTROL OF INTERNET WHICH WOULD BE CRAZY IN LIGHT OF HIS BREACHES OF TRUST
'1,000 BANKS TO FAIL'

CINDY SHEEHAN TAKES TO MARTHA'S VINEYARD TO PROTEST OBAMA'S WAR... BRIT PAPERS SOUND ALARM ON AFGHAN WAR... July, August deadliest months for US...

CBS Correspondent Seriously Wounded...
SENATOR: 'We're almost reaching a revolution in this country'...

PAPER: Chairman of tax-writing committee failed to report millions...
Rangel Hides Income and Assets...

Weak dollar pushing energy prices higher...
Obama Predicts Unemployment, Deficits Far Worse Than Previously Stated...
Grim... Official: Real unemployment rate at 16%...
Rhode Island to shut down gov't for 12 days...
FT: Deficit fears put Obama's reforms in jeopardy...
WSJ: Dollar Steadily Losing Influence...

Stossel: Every Obama Critic Called a Racist...

Vegas jobless rate hits all-time high of 13.1%...
California at record 11.9%...
NYC 9.6%...

Mounting joblessness fuels housing crisis...

GALLUP: OBAMA HITS NEW LOW...

PEW: Democratic Party ratings plummet...
What rebound? Foreclosures rise, income down...

THE GREAT DEPRESSION AND TODAY - SOBERING PARALLELS ABOUND

By Simon Maierhofer August 27, 2009 …IF THERE IS JUST ONE TIME YOU WANT TO TAKE A LESSON FROM HISTORY, IT IS RIGHT NOW. THE PARALLELS BETWEEN TODAY AND THE GREAT DEPRESSION ARE NUMEROUS AND STRIKINGLY SIMILAR. THIS 5-MINUTE HISTORY LESSON MIGHT BE THE BEST INVESTMENT YOU'LL EVER MAKE.

THE GREAT DEPRESSION AND TODAY - SOBERING PARALLELS ABOUND

By Simon Maierhofer August 27, 2009 …IF THERE IS JUST ONE TIME YOU WANT TO TAKE A LESSON FROM HISTORY, IT IS RIGHT NOW. THE PARALLELS BETWEEN TODAY AND THE GREAT DEPRESSION ARE NUMEROUS AND STRIKINGLY SIMILAR. THIS 5-MINUTE HISTORY LESSON MIGHT BE THE BEST INVESTMENT YOU'LL EVER MAKE.

WATCH OUT! EVEN THIS RALLY PARALLELS THE GREAT DEPRESSION

The first leg of the Great Depression reduced the Dow Jones (DJI: ^DJI) by 48%. The first leg of the 2007 bear market reduced the Dow Jones by 53%. Both times, the initial declines were followed by powerful and persistent rallies. The five-month rally from November 1929 to April 1930, lifted the Dow Jones (NYSEArca: DIA - News) by 49%. So far, the five month rally from the March 2009 lows has lifted the Dow Jones by some 46%. The time frame and percentage gains are certainly too close for comfort. Even though the S&P 500 (SNP: ^GSPC) was not around during the Great Depression, the modern day picture mirrors the Dow. The Nasdaq (Nasdaq: ^IXIC) may have already provided a window into the future as it declined over 80% from its 2000 technology (NYSEArca: XLK - News) bubble, to its 2009 low. When talking about windows for the future, we can't omit the juicy fact that the Dow Jones measured in the only true currency - gold (NYSEArca: GLD - News) - has also declined to an extent similar to the 1929 - 1932 market meltdown (more about that later).

FROM HUMOROUS TO SOBERING - PARALLELS THAT STING

Did you know that the Great Depression was preceded by a great real estate boom centered in Florida? The Florida real estate bubble burst in 1926, three years before equities. Just as we've seen recently, investors took their leftovers from the real estate bust and poured it into stocks. Talk about jumping out of the frying pan into the fire. Just as in 2007, no one foresaw a decline, let alone the seriousness of the decline. On December 4, 1928, President Coolidge sent the following message on the state of the Union to the reconvening Congress: 'No Congress of the United States ever assembled, on surveying the state of the Union, has met with a more pleasing prospect than that which appears at the present time. In the domestic field there is tranquility and contentment and the highest record of years of prosperity. In the foreign field there is peace. You may regard the present with satisfaction and anticipate the future with optimism.'

JIM CRAMER - THE MODERN DAY HARVARD PARALLEL?

The Harvard Economic Society, previously esteemed for its pessimism, turned bullish a few months before the market topped. In fact, the Society remained bullish all throughout the downturn until it was dissolved just before the depression ended. One of the many blunders that lead to the untimely (though not soon enough for investors' welfare) demise of the Society, was its March 24th, 1930 assessment that; 'The outlook is favorable.' This was just days before the onset of the above mentioned second leg to new lows. The second leg reduced the Dow by another 47%, but it didn't stop there. There are many modern-day parallels to the Harvard Economic Society. The Blue Chip Economic Indicator survey, a survey of private economists, is just one of them. According to the survey, 90% of economists believe that the current recession will be declared to have ended this quarter. Nobel-Prize-winning economist Paul Krugman, who believes the worst of the global crisis is over, is likely to be another one. Interestingly, economists also believed that in March 2009 the market's worst was yet to come, when the Dow traded below 7,000. Contrary to the general climate, the ETF Profit Strategy Newsletter's contrarian view has been keeping subscribers one step ahead of the market.

REALISTS BEAT OPTIMISTS

In December 2009, the Newsletter declared Dow 9,000 to be an opportunity to load up on short ETFs. This window of opportunity opened from January 2nd to the 6th. In the following 90 days, short ETFs went to record double and triple digit gains, while the S&P 500 (NYSEArca: IVV - News) lost 30%. On March 2nd, at a time when an atmosphere of doom permeated Wall Street, the Newsletter issued a Trend Change Alert with a target of Dow 9,000 - 10,000 and S&P (NYSEArca: SPY - News) 950 - 1,050. As the following excerpt from John Kenneth Galbraith, author of 'The Great Crash 1929', observes; contrarian (or realistic) investing pays big dividends. Before reading Mr. Galbraith's astute assessment, take a moment to put it in context with today's environment. Consider that the market just rallied about 50% from its March lows and the worst seems to be over, while compelling values abound (allegedly).' The worst continued to worsen. What looked one day like the end proved on the next day to have been only the beginning. Nothing could have been more ingeniously designed to maximize the suffering, and also to insure that as few people as possible escape the common misfortune. The fortunate speculator who had funds to answer the first margin call presently got another and equally urgent one, and if he met that there would still be another. In the end all the money he had was extracted from him and lost. The man with the smart money, who was safely out of the market when the first crash came, naturally went back in to pick up bargains. The bargains then suffered a ruinous fall. Even the man who waited for volume of trading to return to normal and saw Wall Street become as placid as a produce market, and who then bought common stocks would see their value drop to a third or a fourth of the purchase price in the next 24 months. The Coolidge bull market was a remarkable phenomenon. The ruthlessness of its liquidation was, in its own way, equally remarkable.' Other parallels that can be found are the government's assurance that things are fundamentally sound, an increase in mergers and acquisitions, falling car prices, increasing Ponzi schemes (Madoff vs Ponzi), new tools to leverage money, credit expansion/contraction, etc. The Great Depression even had its own Warren Buffett and Jim Cramer. If that isn't enough, consider this: Research shows that the decline in industrial production over the last nine months has been as bad, if not worse than the nine month following the 1929 peak. The world stock markets have fallen even faster this time around compared to 70 years ago. The volume of world trade is drying up at a faster pace than the Great Depression and government surpluses are the lowest in 100+ years.

RED ACROSS THE BOARD, NOT SEEN IN 70 YEARS

Thus far, this bear market has humbled large cap stocks (NYSEArca: OEF - News)along with small cap stocks (NYSEArca: IWM - News), growth funds (NYSEArca: IWF - News) along with value funds (NYSEArca: IWD), defensive sectors along with aggressive sectors, real estate (NYSEArca: ICF - News) along with commodities (NYSEArca: DBA - News). This unique 'red across the board' behavior has not been seen in the 70s, 80s or 2000 bear markets. The only other similar time period to be found is during the Great Depression. Of course you can't simply build your entire financial future around parallels to past history. If, however, such parallels as the ones discussed above, harmonize with trustworthy indicators with an accurate historic record, the composite advice should not be ignored. In fact, ignoring those indicators as a composite would be a foolish thing to do. History has taught us that in periods of time when investors are enthusiastic about stocks and their future prospects (1929, 2000, and 2007) has turned out to be the worst times to buy, and almost always preceded a major market decline. The implications of the above mentioned composite indicators will do more than merely touch peoples' financial futures. Prudent investors will take precautions now to protect their family and financial nest egg. The brand-new September issue of the ETF Profit Strategy Newsletter includes an analysis of the current rally (are higher prices ahead or is a top in place?), a target range for the ultimate market bottom, ETF profit strategies, and practical ways to thrive and survive in the coming years. As mentioned above, the Dow's recent decline measured in gold is a near replica of the 1929 - 1932 decline in stocks. Eventually, the Dow measured in inflated dollars will catch up with the real value metrics reflected by gold. At that time, many will wish they'd learned from history. We simply must learn from the mistakes of others because you can't possibly live long enough to make them all yourself.'

Who's Behind All This VIX Trading? …I don't tend to engage in conspiracy theories and, while I know that market manipulation happens, I don't think it usually occurs on this large of a scale. But when I see this, I am reminded of the poker adage: "If you can't spot the sucker at the table, then it's probably you."

"ARTIFICIALLY SWEETENED" MARKET COULD FACE "SEISMIC READJUSTMENT," Harrison Says After the heady rally off the March lows, Todd Harrison, CEO of Minyanville.com, now believes the risk-reward favors shorting the market vs. being long. "This is a Splenda market - because there's so much artificial sweetener involved," Harrison says. After making bullish calls here in February (albeit early) and again late April, he's more lately shorting the Powershares QQQ with a tight 2% stop. "That's all I'm willing to lose on this bet," he says. Technically, the Nasdaq is currently at a major convergence of the downtrend line from its 2007 peak, long-term resistance at around 2000, and a 50% retracement of decline from the October 2007 highs to the March lows, Harrison says. That setup could result in at least a temporary setback for related stocks. Longer-term, his concerns center around the novel idea that there's going to be a price to pay for all the government stimuli that have resuscitated the U.S. economy and given a major jolt to both the equity and credit markets. "The government is showing its hand and what they want to do: They want to transfer our obligations to our children, which will inherently lower the standard of living to our children," he says. But even worse than the shocking $9 trillion deficit America faces over the next decade, Harrison worries that we don't control our own fate. "That transfer of risk to future generation is in the hands of foreign holders of dollar-denominated assets," he says. "A seismic currency readjustment is a legitimate risk."

Geithner: Auditing the Fed is a “line that we don’t want to cross” James Corbett | Geithner’s response that auditing the Fed would give politicians dangerous control over American monetary policy is mistaken at best and a deliberate lie at worst.

George W. Bush CIA insider key to Obama plan

La Raza Member Attacks Gene Green Towhall Attendees Infowars | They admit they’re “taking over America” and that they want to “kick us out.”

Scientists Confirm the Effectiveness of The Big Lie – People Will Go To Extraordinary Lengths to Create False Justifications for Government Misdeeds

CIA collusion with “Al Qaeda” financiers and attack planners

MSNBC Pimp: Trust The Government And “Get Your Damn Vaccine” While Swine Flu Vaccine Has Been Declared “Safe”, Novel Adjuvants Will Be Used Before Any Meaningful Testing has been Conducted Exposed: The Swine Flu Hoax Scotland’s Water to be Fluoridated by Westminster Dictat

Scientists Debunk UN “Global Warming”

DRUDGEREPORT: Obama Predicts Unemployment, Deficits Far Worse Than Previously Stated...
Grim... Official: Real unemployment rate at 16%...
Rhode Island to shut down gov't for 12 days...
FT: Deficit fears put Obama's reforms in jeopardy...
WSJ: Dollar Steadily Losing Influence...

Stossel: Every Obama Critic Called a Racist...

Vegas jobless rate hits all-time high of 13.1%...
California at record 11.9%...
NYC 9.6%...

Mounting joblessness fuels housing crisis...

GALLUP: OBAMA HITS NEW LOW...

PEW: Democratic Party ratings plummet...
What rebound? Foreclosures rise, income down...

6 years after invasion, electricity still scarce in Baghdad Baghdad blasts kill 95 FOUR SOLDIERS KILLED IN AFGHANISTAN; MAKING 2009 DEADLIEST YEAR OF WAR... 30 killed in Kandahar blast caused by 5 car bombs... 4 BRITISH SOLDIERS DIE FOR THE SAKE OF 150 VOTES…for puppetmasters’ puppet...

Israeli raid on Gaza tunnel kills 3

List of Dead Scientists Steve Quayle | Microbiologists, chemists, and other scientists connected to biological weapons are showing up dead in alarming numbers. http://www.albertpeia.com/listofdeadscientistsquayle2009.htm

'Inhumane' CIA terror tactics spur criminal probe

Scottish govt defends Lockerbie bomber's release though all they really have to do is point to the war criminals in u.s. who haven’t even been charged/prosecuted…e Stark double standard …Firstly, the case against him was circumstantial and relied heavily upon the testimony of Tony Gauci, a Maltese shopkeeper, who said he recognized Al-Megrahi as the man who bought clothing in his shop, fragments of which were later found in the incendiary suitcase. Yet, Gauci was allegedly shown photographs of Al-Megrahi and others prior to the line-up when he failed to identify him. He was then instructed to focus on Al-Megrahi’s picture when he insisted that the person who bought his clothes was much older than the man in the photo. He is also said to have been coached by prosecutors prior to giving testimony and is thought to have been offered millions of dollars in bribes to testify at trial…

Admiral: Afghan conflict 'serious' and 'deteriorating'...
Mullen worried over public rationality in lack of support for yet another of broke america’s wars for benefit of military industrial complex and war profiteers...

POLL: New Low for Obama Approval Index...

Millions face shrinking Social Security payments (and this is just the beginning since america is defacto bankrupt)...

Karzai and Warlords Mount Massive Vote Fraud Scheme Afghan panel finds vote fraud charges serious Afghan challenger Abdullah says polls rigged... Afghan President Hamid Karzai’s main challenger said on Sunday he had evidence last week’s election had been widely rigged by the incumbent and that he had lodged more than 100 complaints.

DRUDGEREPORT: OBAMA HIKES 10-YEAR DEFICIT TO $9 TRILLION
Charlie Cook: Dem situation has 'slipped completely out of control'...
Pelosi: House Can't Pass Bill Without Gov't-Run Plan...
NOONAN: Pull the Plug on ObamaCare...
Stephanopoulos: Americans 'Worried He's Getting in Over His Head'...
Obama's blame-game list...
Voight: Is president creating civil war in America?...

Vegas jobless rate hits all-time high of 13.1%...
California at record 11.9%...
NYC 9.6%...

Mounting joblessness fuels housing crisis...

GALLUP: OBAMA HITS NEW LOW...
Firms with Obama ties profit from health push...
PEW: Democratic Party ratings plummet...
What rebound? Foreclosures rise...
100-year-old beaten, robbed of $30...

Virus poses 'serious threat to nation'...
Speed up drugs; Needed in weeks...
'Doctors' offices and hospitals may get filled to capacity'...

ENOUGH HEALTH CARE TALK: White House spokesman announces interrogation unit for terror...
Prosecutor Named to Probe CIA Abuses...
Report: CIA threatened detainee families...
Panetta 'Threatens to Quit'...

Seeking Alpha…Will the economic recovery be enduring—V shaped? Collapse after a short time—W shaped? For the middle class, it may be none at all—an X. By conventional wisdom, the housing bubble, credit crisis and collapse in consumer spending caused the recession. With home sales rising, new cars flying off lots, and Wall Street profits soaring, analysts see an imminent recovery, but the economy is running on steroids. About 90 percent of existing home sales are distress sales—foreclosures and homeowners in financial difficulties. New home purchases are juiced by the $8000 first-time buyer subsidy that expires December 1. Summer car sales were pumped by cash for clunkers. Regional banks are failing under bad commercial loans, and mortgage-backed securities purchased from Wall Street financial houses. In part, Wall Street posts big profits by shifting its debauchery onto smaller brethren, and the FDIC may run out of cash to guarantee regional banks’ deposits. Clueless behavior by big players is frightening. Automakers are boosting production, assuming car sales will continue at their torrid summer pace. Wall Street is planning big year-end bonuses instead of shoring up capital for a possible second dip in the recession. The backup may be a Broadway lyricist to pen “Bail ‘em out again Ben.” Consumers, recognizing danger, stay away from the malls and seize what dollars they have. The economy will be lifted by businesses rebuilding depleted inventories and replacing outdated computers and federal stimulus dollars. Those simply will not deliver annual GDP growth greater than 2.5 percent or many new jobs. The stock market will rally with modest growth, because U.S. multinationals produce so much in Asia where growth is robust. To Wall Street, the recovery will appear V-shaped, but for ordinary workers, it will be an X. Unemployment will reach 10 percent, and stay there until President Obama stops obsessing about redistributing wealth by nationalizing car companies and health care and raising taxes on energy and the wealthy. The country needs pro-growth policies—fixing the huge trade deficit and the banks. Dollars spent on imports that do not return to purchase exports can’t be spent on American products. That saps demand for American-made products, keeps factories and offices shuttered, and idles workers. The trade deficit is mostly oil and Chinese consumer goods. Export more, import less, or the economy flops. Without bank credit, businesses can’t expand, entrepreneurs can’t create, and workers don’t work. Obama dodges the toughest aspects of the banking morass. Compensation structures built on the too big to fail doctrine permit Wall Street to take huge risks, shift losses onto smaller investors and the government, and suffer too few consequences for their calamities. Until those change, Wall Street bankers will be too busy chasing rainbows to adequately reestablish lines of credit to regional banks essential for business expansion. Buy only as much as you sell, reasonable pay for honest work, and let the reckless fail. Old time religion? That’s what made America great.

13 VIEWS FROM SEEKING ALPHA:

Is It a Stock Market Rally or a Dollar Devaluation Seeking Alpha…A cheaper dollar means higher stock prices (temporaily), as US assets are marked down for global investors. What we have is not a stock market rally but an adjustment to global market prices. Fully 80% of the movement in the S&P can be explained by the movement in the dollar index. That is a profile well known to emerging market investors. Whenever the Brazilians would pull another currency devaluation, stock prices rose to compensate, as tradeable assets floated up to world market prices. The bank bailout has made Americans poorer relative to the rest of the world and created the illusion of a stock market recovery…

Wall Street was all in at the bottom, they caused the reversal and resulting rally on declining volume, they held up the market all on their own until institutional money managers fear ful of being accused of missing the boat climbed aboard a few months later and now appear to be fully invested, all that is left is for the fearful retail investor to be convinced by Wall Street thats its safe for them to get on board as well. Based on Wall Streets history for sacrificing the retail investor for the good of the market, it seems that another black Oct is a forgone conclusion and then it starts all over again. Aug 22 2009

Let me put it this way, if the market goes down 50%, then goes up 50%, are you happy?
If that became a trend and happened 4 more times, over say the next 3 years or so, you know what is left of your $1,000,000 investment?
Answer = $237,304

"...The biggest rally during the '29 to '32 period was 46.77% over 148 days. The current rally is up 51.68% over 165 calendar days. ..." Looks pretty darn ( statistically ) similar to me! The exact opposite of your conclusion...suggest you brush up on your math!

This bull looks like BS to me. Low volume, high P/E. The market was oversold in March and overbought now, but that doesn't mean it won't go higher or another panic might not test the March lows. The important lesson for investors is that you cannot time the market and must stay in the market to catch the upward movements. Diversification is the key. Exposure to different asset classes, including stocks, bonds, property, gold and cash. Don't be greedy.

Hypothetical scenario
start with $1 to invest in 1990 by 1999 you have $2, now the dotcom bubble bursts your portfolio drops 50% and your left with $1, back to square one, well then you hang in there and your investment grows by 50% through 2008 so your up to $1.50, better then nothing though your only up 50% in 2 decades, then we get the 2008 collapse down another 50% in 6 months to $.75, so now your down 25% from your initial investment of $1 in 1990, but wait if you can stay fully invested and all your positions move with the market your up 50% in six months so you would now have $1.125 in your account, so since 1990 your original investment of $1 has grown by 1/8 in just under 2 decades. Thats is reality for most investors and to think they dont know is foolish and to think they will run back into the market again is also foolish, without the Retail Pawns it will be hard for Wall Street to continue playing the market manipulation game much longer

This latest Bernanke-fueled rally confirmed--it's a pro market for technicians driven by momentum based off Bernanke's cues. You can write the script--the pro's drive another 300-500 points on the Dow, then small investors move in. It's all good--until Jan/Feb/Mar. 2010 when consumer spending craters (then back to Dow 8000) or when Israel bombs Iran (then back to Dow 6000).

I do not know if this is a beginning of a bull or a bear. But, certainly, at these level the US market is not a buy. Even in the positive scenario that the S&P earns its 10 year average of 50 in 2010 it would stillbe a P/E of 20. Then consider that the consumer will not return and that the government cannot forever sustain its current cost to income ratio of 180% and you will have to come to the conclusion to sell.

Love the statistics which are favorable, but beside the quantitative
analysis try a qualitative analysis.

1. Volume is low over all and historically.
2. NDX typically leads any lasting rally,
3. The underlying economy is not likely to produce the earnings projected (high probably multiple expansion is unwarranted).
4. The depth of the retraction into March was over sized expect the bounces to be equally exotic.
5. The liquidity poured into the market is 7-10 times the amount seen in any other recession - where did it go beside bank values? stocks.
6. Be patient and careful, momentum is fading the market may be out of fuel.

For those who think this market is even remotely close to reasonable valuations, we suggest they read Doug Short's accurate summary of historical stock market valuations. See: www.dshort.com/article...
As per Doug Short's great summary, it does not mean the market cannot go higher temporarily - based on the momentum and liquidity trading that is apparently happening - but it does clearly show that the market is significantly overvalued by any historical comparisons with previous recessions. Thus the only logical conclusion is that (unless the market is somehow different this time-and it never has been different before-despite bull and commentator claims to the contrary) the market will endure at least one more very serious selloff at some point in the relatively near future(or alternatively there will be some magical hugh increase in corporate earnings, which is highly unlikely). Thus maybe one can trade this market and make some money, but past historical comparisons indicate there will be much better buying opportunites at much better valuations somewhere out there in the relatively near future.

Was there a Goldman Sachs in 1929-1932 with a direct dollar pipeline to the Fed? Much of what we see today, IMO, is smoke and mirrors designed to make us feel good. In today's America, feeling good is more important than reality. Or, perhaps we believe feelings create reality. Japan has languished because they refused to deal with their economic colapse according to reality. Aren't we doing exactly the same? Did the investors who created this mess lose their money? Not yet. But a lot of others have. Have the bad loans been dealt with? Not yet. And we all know it. What has happened is the Fed has pumped dollars into the "too-big-to-fail" companies (the one's who should of lost it all) and the government has handed money to it's citizens to "stimulate" things. Oh yes, and the media has pumped persistently positive news to the citizens designed to change moods rather than report fact. Bernanke thinks he has it figured out. That he can engineer a graceful recovery and save the world. I think he's convinced has a lot of new tricks up his sleave that will make it different this time. I'm just afraid that his power is still inferior to the market's even though he has a infinite number of dollars to play with.
And when the market decides to take over once again, look out below.

It is actually worse than that because unless America ring fences its economy by implementing exchange controls then most of the hot investment money will simply flow into the economies of other countries. Even so you will struggle not to resemble Zimbabwe.

WHY DO EQUITY MARKETS DISAGREE WITH THE DATA? Adam Hayes Some of the smartest economists, traders, bankers, brokers, and academics are all screaming and yelling the same things: "This recession/depression is NOT over yet! This is just bear market rally! There are NO green shoots!" And the data does support these beliefs. Retail sales and consumer spending remain muted as families increase savings and pay down debts. Unemployment is not yet recovering, foreclosures are still rising while home prices are still falling. Commercial real estate is starting to falter in a major way. Oil and metals remain elevated while the dollar remains relatively weak. Banks are failing at a record pace and the FDIC is on the verge of insolvency. The government is auctioning debt at a record pace (and record % of GDP) while the deficit explodes. Banks are still NOT lending to small businesses or homebuyers nor to each other. Much of this data is also showing no sign of decelerating. Every week a new number comes out the revision for the previous always seems to go worse! And the GDP numbers, when analyzed, show that government spending and issuance of government debt is keeping the economy from being much much worse. And what happens when BRIC countries stop buying our debt and dollars? The Ponzi scheme falls apart then? And what about diminished tax rolls both local and federal due to low employment and low corporate earnings!?

CALPERS IS UNSUSTAINABLE Jeff Nielsen The mainstream, U.S. media continue to ignore a steadily worsening pension crisis, most likely because it is one more huge contradiction of all their “U.S. economic recovery” propaganda. Unlike the $70 trillion or so in “unfunded liabilities” which is certain to bankrupt the U.S. federal government – but not today, the U.S. pension-crisis is already here. When the chief actuary of the nation's largest, state pension plan (CalPERS) bluntly states, “We are facing decades...of...unsustainable pension costs”, this should have attracted the attention of journalists across the U.S. Unfortunately, they all appear to be much too busy handing out their “U.S. economic recovery” party-hats to be paying attention. Some people may not see a direct connection between the health of U.S. pension plans and the health of the overall economy, however the connection is clear – and has never been greater than it is today. The huge, demographic bulge known as “the baby-boomers” are beginning to retire. After plundering government coffers for their entire lives by demanding exorbitant social programs which they were unwilling to pay for with their own taxes, they have literally mortgaged the futures of their own children and grand-children. But the “plague” these “locusts” have inflicted on the U.S. economy goes well beyond that. These are the same baby-boomers who dismantled the U.S. manufacturing sector, and shipped it to Asia – so that they could pay less for the ever-increasing hoard of consumer-goods which they have accumulated with manic zeal. In the process, they have also eliminated most of the well-paying jobs which they benefited from, but which they have taken away from their children and grandchildren. Despite the baby-boomers having the best-paying jobs of any generation in history, and ridiculously low taxes (relative to the gold-plated social programs they demanded), these pampered prima donnas have been so recklessly irresponsible with their own spending that this generation has less in savings than previous generations. As a result, this bloc of selfish spendthrifts is more dependent on lavish pensions (and pie-in-the-sky medical benefits for seniors) than their own parents. The problem is that this group has mismanaged their own pension-plans just as badly as they have mismanaged the overall economy and government finances. In other words, just as they have doing all their lives, U.S. baby-boomers are planning on spending money they don't have all through their retirements – in order to fund their lavish lifestyles. However, having squeezed all of the wealth out of the U.S. economy, and squeezed all the wealth out of their children and grandchildren, there is no money to top-up their mismanaged, under-funded pension plans (along with the equally generous retirement medical plans which accompany them). The bottom line is that this generation of financial-failures is already facing a multi-trilllion dollar shortfall - which is totally separate from the $70 trillion funding-gap in Social Security and Medicare (see “U.S. Pension Crisis: the $3 TRILLION question”). This is a crisis which is developing from the bottom up. Vallejo, the one-time state capital of California, was already forced into bankruptcy due to the unsustainable retirement benefit plans of its municipal workers. Meanwhile, on the opposite coast, municipal leaders lament that they only have enough funds to pay for either the pension/medical plans of their former police officers and firefighters, or the salaries of the current police and firefighters. Further aggravating this crisis at the local level, many municipal governments were severely “burned” through being conned into various forms of “exotic financing” by Wall Street scam-artists. Municipalities and public institutions not just in the U.S., but all over the world, have been crippled by countless billions in losses – while paying these financial predators fat fees to ruin them. It is within this context that we can begin to examine the problems of the pension-plans, themselves. To start with, the “financial model” (and solvency) of most of these pension funds is based on the premise of a rate of return far in excess of the historical, average rate of return in the U.S. economy. This is despite the fact that the U.S.'s steadily growing mountain of never-to-be-repaid debt requires an ever-greater percentage of the U.S.'s GDP just to service the interest payments on this debt…

Israelis killed Palestinians for organs US complains to israel on Palestinian-American entry rules (AFP) More E. Jerusalem evictions likely 'Karzai has divided Afghanistan' Baghdad blasts leave 95 dead – america’s tainted touch …d Shell-shocked Gaza children (AFP)

THE FOLLOWING BLOG ENTRY APPEARED COURTESY OF STOCKSMURF:

Question: Should Donald Trump be indicted for stock fraud, misappropriation of fiduciary funds and conspiracy to defraud shareholders, bondholders and general creditors? (Short Answer: Yes!)

Background Statement: Trump Entertainment Resorts, Inc.(Pink Sheets: TRMPQ)( the “Company”) is a holding company, which owns and manages its own casinos/hotels in Atlantic City, New Jersey. The company, formerly known as Trump Hotels & Casino Resorts, was formed in 2005 as a result of the restructuring, caused primarily from mismanagement, fraud and deception by Donald J. Trump. Prior to forming the Company and to hide his fraudulent actions, Mr. Trump announced a preliminary agreement with its investors on October 21, 2004. Preceding this announcement and for a period of 18 months, Mr. Trump systemically sold shares of the public company, knowing full well and not disclosing to the shareholders or in SEC files that the Company was on the verge of bankruptcy. On November 21, the Company filed for bankruptcy. Trump said the filing was “really just a technical thing” as the best way to implement the restructuring plan – in other words to hide his fraud since the “reorganization scheme did not require a full audit of the books and records of the Company. The plan was submitted to the Bankruptcy Court on December 16, 2004. After the 2004 bankruptcy filing and discharge, the Company changed its name to Trump Entertainment Resorts. Again Mr., Trump was able to misappropriate fiduciary funds, conspire with others to defraud shareholders and bondholders, sold more shares to the public without full disclosing the true financial condition of the Company and other criminal acts too numerous to include herein. On February 17, 2009, the Company again filed for Chapter 11 bankruptcy protection, in the face of multi-billion dollar debts. Nine affiliates of the casino operator, including Trump Plaza Associates, Trump Marina Associates, and Trump Taj Mahal Associates, also filed at the same time. After stealing assets and other resources, misappropriating and defrauding shareholder and bondholders of at least $5 billion, Mr. Trump had the impudence on August 4, 2009 to offer to buy Trump Entertainment Resort for $100 million.… This time the bondholders who would lose their entire $1.25 billion investment are standing up to Mr. Trump, asking a Bankruptcy court judge to block the planned sale of three Atlantic City casinos. However, Mr. Trump is playing his hand like he’s invisible and has the right to defraud shareholders and bondholders with impunity, caused the board of directors of the Company to appoint his daughter Ivanka Trump, as operating officer ( a mere shill with limited business sense of the casino industry) and wipe out all the other creditors.

The numerous frauds committed by Donald J. Trump are classic examples of a person with ‘top-line connections” and “influence” to pillage and plunder without liability. The investigation conducted by Dartline clearly suggests at the very least, the Securities and Exchange Commission (SEC) should look into the inappropriate stock sales, especially their timing, while the Justice Department and the New Jersey Casino Commission examine the Company’s books and report from October 1, 2003 to February 14, 2009 (the date Mr. Trump stepped down as the Company’s Chairman of the Board).

My Reply:

trump should be indicted!

You are quite naive! trump's modus operandi is to bribe and much of this is done sub rosa, ie., in the guise of legal fees, etc.. The feds cover-up for him (his sister maryanne is a federal judge, now 3^rd Cir. Ct. Appeals). The answer is yes, but don't hold your breath. While you're in probably the most corrupt state in the u.s., the fact is america is pervasively corrupt.

This link is to a 5 page fact scenario under penalty of perjury I was asked to prepare for the FBI http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm (note sam alito's role as u.s. attorney - now on u.s. supreme court http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf ) involving drug money laundered through the trump casinos (the RICO case was initially assigned to newly appointed maryanne trump barry, his sister, and the corrupt feds have been covering up ever since with additional predicate acts along the way; a totally corrupt federal system which covered up the recent massive securities fraud funded/bailed out by taxpayers). louis freeh, considered by Judicial Watch to be the most corrupt FBI director in history, as per former prosecutor Larry Klaiman and then staff. The so-called american system is totally corrupt. america’s broke and broken. america’s done!

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com/alresume65393.htm

More E. Jerusalem evictions likely 'Karzai has divided Afghanistan'

The West behind Iran unrest, Ahmadinejad says

Ezra Nawi: Jewish Pacifist Facing Jail for Aiding Arabs (Time.com)

Palestinian rift helps enemies: Kingdom

A REALITY CHECK ON U.S. 'ECONOMIC RECOVERY' Jeff Nielson - U.S. equities are rallying again today, and (as usual) it is a rally with no basis in reality. Most of the enthusiasm comes from another string of corporate quarterly results which “beat expectations”. I had hoped that the sheep were starting to clue-in to this silly game, however it appears there is a still a large pack of Pavlov's Dogs out there – who respond to their propaganda cues without a moment of actual thought. The truth is that all of the companies “beating expectations” are still reporting steadily worse results year-over-year – and in many cases, much worse results. Among the few exceptions are U.S. financial corporations. However, since accounting-fraud was legalized in the United States (see “FASB strong-armed into mark-to-fantasy accounting”), their bottom-lines have had absolutely no connection to their business operations…

Maine TV Station Airs Report on National Guard and Flu Pandemic Riots Equal Opportunity: Bush as Joker Poster for Download Florida Police Interrogate Suspect in Obama-Joker Poster Crime Excellent Obama as Joker Contest Entries Keep Coming Infowars | The response to the video contest to expose Obama is overwhelming. Obama Joker Poster Banned From Workplace US raid claims 3 more Afghan’ civilian lives Military Confirms States Deciding Mandatory Vaccination

`PAPER: FRESH ALERT ON GLOBAL STOCK MARKETS...`RBS uber-bear issues fresh alert on global stock marketsThree-month slide could hit record lows, Royal Bank of Scotland chief credit strategist Bob Janjuah predicts. By Ambrose Evans-Pritchard, International Business Editor
Published: 8:26PM BST 12 Aug 2009
Britain's Uber-bear is growling again. After predicting a torrid "relief rally" over the early summer, Bob Janjuah at Royal Bank of Scotland is advising clients to take profits in global equity and commodity markets and prepare for another storm as winter nears. "We are now in the middle of a parabolic spike up," he said in his latest confidential note to clients. "I expect this risk rally to continue into – and maybe through – a large part of August. What happens after that? The next ugly leg of the bear market begins as we get into the July through September 'tipping zone', driven by the failure of the data to validate the V (shaped recovery) that is now fully priced into markets." The key indicators to watch are business spending on equipment (Capex), incomes, jobs, and profits. Only a "surge higher" in these gauges can justify current asset prices. Results that are merely "less bad" will not suffice.
He expects global stock markets to test their March lows, and probably worse. The slide could last three months. "A move to new lows is highly likely," he said. Mr Janjuah, RBS's chief credit strategist, has a loyal following in the City. He was one of the very few analysts to speak out early about the dangerous excesses of the credit bubble. He then made waves in the summer of 2008 by issuing a global crash alert, giving warning that a "very nasty period is soon to be upon us" as – indeed it was. Lehman Brothers and AIG imploded weeks later.
This time he expects the S&P 500 index of US equities to reach the "mid 500s", almost halving from current levels near 1000. Such a fall would take London's FTSE 100 to around 2,500. The iTraxx Crossover index measuring spreads on low-grade European debt will double to 1250.
Mr Janjuah advises investors to seek safety in 10-year German bonds in late August or early September.
While media headlines have played up the short-term bounce of corporate earnings, Mr Janjuah said this is a statistical illusion. Profits were in reality down 20pc in the second quarter from the year before. They cannot rise much as the West slowly purges debt and adjusts to record over-capacity. "Investors are again being sucked back into the game where 'markets make opinions', where 'excess liquidity' is the driving investment rationale.
"The last two Augusts proved to be pivotal turning points: August 2007 being the proverbial 'head-fake' when everyone wanted to believe that policy-makers had seen off the credit disaster at the pass, and August 2008 being the calm before the utter collapse of Sept/Oct/Nov… 3rd time lucky anyone?" The elephant in the room is the spiralling public debt as private losses are shifted on to the taxpayer, especially in Britain and America. "Ask yourself this: who bails out Government after they have bailed out everyone?" Mr Janjuah said governments might put off the day of reckoning into the middle of next year if they resort to another shot of stimulus, but that would store yet further problems. "If what I fear plays out then I will have to concede that the lunatics who ran the asylum pretty much into the ground last year are back in control." …

DRUDGEREPORT: Federal deficit higher in July, $1.27T this year; Record spending...
Home foreclosures set another record in July; Rise 7%...

PAGLIA: PELOSI MUST GO...

RASMUSSEN POLL: Obama Approval Rating Falls to New Low: 47 %...

'No He Can't!' Anti-Obama Trinkets Explode in Sales...

VIDEO: Sen. Specter Shouted Down Over Health Care...
SEE THEM SWEAT IN NEW JERSEY...

Israel rejects Sarkozy call to free prisoner (AFP) Abbas rules out talks unless Israel halts settlements (AFP) israel urged to ‘rush’ into attack on Iran

Israel killed Gazans waving white flags GAZA CITY: New York-based Human Rights Watch (HRW) said in a reported on Thursday that Israeli soldiers killed 11 Palestinian civilians, including five women and four children, waving white flags during...

obama had a mandate for real and positive change. his lack of courage changed that. bringing in the insiders at substantial taxpayer (bailout of a massive fraud) expense proved this. his, as bushes' before him, is a failed presidency!

IT TAKES MORE THAN A TYPICAL JIVE-TALKING, LATENT GAY, MENTALLY TROUBLED MULATTO NEGROE WHO HAS NEVER DONE ANYTHING OF SUBSTANCE IN HIS LIFE TO CHANGE THE CONTINUING COURSE OF DECLINE OF A CORRUPT BANKRUPT NATION AS AMERICA

The Obama Deception

Bob Prechter "Quite Sure" Next Wave Down Will Be Bigger and March Lows Will Break In late February, Robert Prechter of Elliott Wave International said "cover your shorts," and predicted a sharp rally that would take the S&P into the 1000 to 1100 range. With that prediction having come to pass, Prechter is now saying investors should "step aside" from long positions, and speculators should "start looking at the short side.""The big question is whether the rally is over," Prechter says, suggesting "countertrend moves can be tricky" to predict. But the veteran market watcher is "quite sure the next wave down is going to be larger than what we've already experienced," and take major averages well below their March 2009 lows. Yes, the late 2007-early 2009 market debacle was just a warm-up to what Prechter believes will be the bear market's main attraction. In this regard, he says the current cycle will echo past post-bubble periods such as America in the 1930s and England in the 1720s, after the bursting of the South Sea bubble. The 2000 market peak market a "major trend change" for the market from a very long-term cycle perspective, and the downside is going to continue to be painful well into the next decade, Prechter says. "The extreme overvaluation, the manic buying and bubbles in the late 1990s [and] mid-2000s are for the history books - they're very large," he says. "The bear market is going to have balance that out with some sort of significant retrenchment."

Israel recalls diplomat who warned about US ties (AFP) - AFP - Israel has recalled one of its senior diplomats in the United States after the leaking of a warning he gave about the damage to ties caused by the policies of Prime Minister benjamin netanayahoo

israel lobbying for sanctions on Iran when all know sanctions should be imposed on israel n

This Depression is just beginning You read that right! Only $400 billion of that fantastic 6 month “green shoots” stock market rally came from money market accounts. The rest ($2.3 trillion) was laundered through the banks and other financial institutions to create the appearance of recovery and to raise equity for underwater banks rather than forcing them into receivership (which is where they belong) Bernanke probably knew that congress wouldn’t approve another TARP-type bailout for dodgy mortgage-backed assets, so he settled on this shifty plan instead. The only problem is, the banks are still broke, business investment is at historic lows, consumers are on the ropes, the unemployment lines are swelling, the homeless shelters are bulging, the pawn shops are bustling, tent cities are sprouting up everywhere, and according to MarketWatch, Corporate insiders have recently been selling their companies’ shares at a greater pace than at any time since the top of the bull market in the fall of 2007.” Face it; the economy is in the crapper and Bernanke’s trickery hasn’t done a lick of good. The Next Wave of Collapse is Coming Sooner than you think Back in the Great Depression of 1929 through the 1930’s, we saw a similar Zig-zag pattern. There was a crash in 1929, followed by a nice rally, but then the most devastating part of the market collapse followed into the 1930’s. `Feds Hit With Biggest Tax Revenue Drop Since 1932...` The Great Depression Two Continues There is no coincident data which is demonstrating this recession is over. Some may be at the bottom, others have a way to go… An Artifical Recovery [$$] Why I Went Fully Into Cash

Max Keiser: Prosecute the Bankster Crime Syndicate (7-29-09) Insiders Selling at Alarming Levels …Although the level of insider selling is certainly alarming it's important to note that the very low levels of buying are particularly alarming. Insiders sell stock for many reasons, but they generally only buy stock for one reason: they believe the stock is going up. Despite the fact the media is reporting an end to the recession, a bottom in housing and a trough in earnings we are seeing a vote of zero confidence from the people who know these companies better than anyone else…

STILL NO PROSECUTIONS OF THE FRAUDS ON WALL STREET SO JUST ANOTHER BUILT-IN COST BY CHURN-AND-EARN COMMISSIONS TO, DEFACTO TAX ON NON-PERFORMING / DECLINING ECONOMY, DURABLE GOODS DOWN/FORECLOSURES UP, CONFIDENCE REALISTICALLY DOWN, CORRUPT COMMERCE DEPARTMENT CHIMES IN WITH FAKE NUMBERS, USED HOME SALES UP WITH DEFAULTS/ SHORT SALES, JOB LOSSES UP, BETTER THAN EXPECTED MANTRA, GUIDANCE THAT DEFIES REALITY BY A LONG SHOT AS IN LAST COMMISSIONABLE BUBBLE BUST, JOB/COST CUTS TO BONE, ETC

Israel weaponry gets more lethal BETHLEHEM: An Israeli Defense Ministry official said that Israel Air Force (IAF) has purchased a new and advanced JDAM smart bomb with a laser-targeting system that will improve the IAF’s ability to...

`Gunman kills 3, injures 11 at gay club in Tel Aviv...`

israel's notoriously corrupt lieberman says will quit if indicted

Arabs are generous but not foolish

Palestinians evicted as occupiers move in

Israelis want Arabs to leave

Delegation to show Arab solidarity with Bashir

Arrest of NJ Rabbis, Mayors, Lays Bare Global Crime Cabal The case of the New Jersey rabbis who ran a mafia-style syndicate—with a sideline in body parts— is only part of a global criminal conspiracy to traffic in human body parts headquartered in Israel and financed by the Israeli National Health Plan.

Crossings’ closure to hit Palestinians

N-plant in Negev planned by IsraelRAMALLAH: Israel recently asked the United States to assist in the establishment of a nuclear power plant in the southern Negev desert, without signing the Non-Proliferation Treaty as with their nuclear weapons stockpile The report said…How can they complain of Iran...

A REALITY CHECK ON U.S. 'ECONOMIC RECOVERY' Jeff Nielson - U.S. equities are rallying again today, and (as usual) it is a rally with no basis in reality.

‘Israel too weak to start war against Iran’

‘Israel should be serious about peace’

Bribery and fraud at heart of defense contracting work in Iraq and Afghanistan

Afghan war questioned as more bodies flown home

`Figure, a typical corrupt Jersey City political operative and defendant in NJ corruption scandal found dead at home...`

In anti-US rally, israelis slam u.s. as not pro-israel/jew racist enough’

Israeli tanks on rampage in Gaza Strip Settlements defy solution 304,569 occupiers in West Bank now

Hamid Gul: I am being demonized by Jews

Rabbis, Politicians Snared in FBI Sting Washington Post - Keith B. Richburg - ‎NEW YORK, July 23 -- A two-year federal probe into a money laundering operation taking place between the New York area and Israel ballooned into one of the biggest bribery and corruption sweeps in New Jersey history, netting three ... Video: NJ Residents 'Disappointed' in Corruption ProbeThe Associated Press Video: NJ Residents 'Disappointed' in Corruption Probe The Associated Press Authorities arrest 44 in NJ corruption case Boston Globe Mayors, rabbis arrested in NJ corruption probe Among the 44 people arrested were the mayors of Hoboken, Ridgefield and Secaucus, Jersey City's deputy mayor, and two state assemblymen. A member of the governor's cabinet resigned after agents searched his home, though he was not arrested. All but one of the officeholders are Democrats. Also, five rabbis from New York and New Jersey — two of whom lead congregations in Deal — were accused of laundering millions of dollars, some of it from the sale of counterfeit goods and bankruptcy fraud, authorities said. In rounding up the defendants, FBI and IRS agents raided a synagogue Thursday morning in Deal, a wealthy oceanfront city of Mediterranean-style mansions, with a large population of Jews. Those arrested included Levy Izhak Rosenbaum of Brooklyn, who was charged with conspiring to arrange the sale of an Israeli citizen's kidney for $160,000 for a transplant for the informant's fictitious uncle. Rosenbaum was quoted as saying he had been arranging the sale of kidneys for 10 years. The politicians arrested were not accused of any involvement in the money laundering or the trafficking in human organs and counterfeit handbags. The number of arrests was remarkable even for New Jersey, where more than 130 public officials have pleaded guilty or have been convicted of corruption since 2001…`Dirty Jersey: Feds Bust Dozens in Corruption Scandal...` `...international money-laundering conspiracy` `FBI ARRESTS MAYORS, RABBIS IN NEW JERSEY SWEEP...` `NAMES OF THOSE CHARGED AND CHARGES`

Secret recordings made of the defendants by the feds paint a classic portrait of Jersey-style corruption. In April of this year, as a Hoboken councilman and mayoral candidate, the 32-year-old Cammarano, after meeting with a developer who had promised him a bribe of several thousand dollars, said “I wanna make sure that I, you know, you, you’re my man,” emphasizing that he was a proponent of redevelopment, according to court papers. Later when asked by the “cooperating witness” who interacted with all 44 suspects if his development projects would be sped through the bureaucratic process, Cammarano said, “I promise you… you’re gonna be, you’re gonna be treated like a friend,” according to the court documents. Defendant Michael Schaffer, a Commissioner with the North Hudson Utilities Authority, told the cooperating witness, Cammarano “told me, ‘Michael, the way I operate politics, anybody who helps me, I help them. That’s the way I operate. And if you’re not there the first round, I don’t need ya’ the second round.” Later on May 19, Cammarano allegedly told the witness, "hopefully, we, we, we, you know, we get to the point where I’m sworn in on July 1st, and we’re breaking down the world into three categories at that point. There’s the people who were with us, and that’s you guys. There’s the people who climbed on board in the runoff. They can get in line. . . And then there are the people who were against us the whole way. They get ground . . . They get ground into powder.” Law enforcment officials confirmed later today that the cooperating witness is Solomon Dwek, a real estate developer in Monmouth County, New Jersey, who was charged in 2006, with scheming to defraud PNC Bank out of $50 million. Sources said he will likely receive a greatly reduced sentence for his cooperation in this probe. According to the court papers, it's not quite clear how the international money-laundering scheme is related to corrupt local politics. Two of the Rabbis involved, Mordchai Fish, who served at Congregation Sheves Achim, a synagogue in Brooklyn, and his brother Albert Schwartz, were caught on tape having conversations with the cooperating witness that seemed straight out of a movie script, according to court transcripts: “I had 25 million from [the bank] – 20 million – that schnookie deal. I gave 20 million to [another bank]. I, I took five million. I sent it offshore..” said the witness, who was reputedly also involved in a counterfeit handbag racket, according to the court papers. At least five rabbis have been arrested. "These men of the cloth... hid their criminal activity behind a 'cloak of rectitude,'” said New Jersey's acting United States Attorney Ralph J. Marra Jr.

Scams And Bailouts The Cause of World Depression This Is Where Each of Your 1.421 Trillion Dollars Is Going In 2010 European Court Ruling spells an end to water fluoridation Warships in Suez prepare for Iran attack Iraq’s worst violence since withdrawal Abuse Images ‘Disgust’ Top US Military Chief

Report: Bumbling, bungling, brain-damaged war criminal bush mulled sending troops into Buffalo (AP)

israelis arrest Palestinian civilian/activist

How Israel lobby controls US IN the early 1960s, Sen. William J. Fulbright fought to force the American Zionist Council to register as agents of a foreign government. The council eluded registration by reorganizing as the American...

israel censors/removes Nakba from schoolbooks Dozens wounded in Gaza wedding blast Editorial: Wrong calculations

`DRUDGEREPORT:` `USATODAYGALLUP: Poll Danger Signs; Obama Tracking Lower Than Carter...`
`Detroit Schools on the Brink, Bankruptcy...`
`WIRE: So what happened to the promises?`

`California counties, cities to fight budget deal...`

Israeli govt to grab more land

Team Twitter: israel’s Internet War

Israel army destroys house inside Gaza: witnesses (AFP)

Goldman Sachs caused the problems in the first place… Who can deny that? Mail Online | The bank’s 29,400 staff — including about 5,500 based in the firm’s plush marbled London headquarters on Fleet Street — are each in line for bonuses averaging £475,000 this year.

`VIEW star Whoopi Goldberg astutely and fearlessly questions moon landing...`Whoopi Goldberg questioned the original moon landing on today's edition of "The View." Goldberg, a co-host, wondered who shot the footage and why the flag was "rippling" if there was no wind.

Obama To Attend North American Union Meeting `Retired general, lieutenant colonel join reservist’s lawsuit over Obama's birth status...` Obama feels the heat, changes the play (Politico) Politico - Finally, we’re starting to see him sweat. “Obama is pure, unadulterated Evil Says Black Pastor” Globalist Think Tank Trots Out Iran Attack Scenario Cost Of Bailout Hits A Whopping $24 Trillion Dollars Now Legal Immunity for Swine Flu Vaccine Makers Sotomayor Would Not Concede a Right to Self-Defense Brit Home Secretary: Swine Flu Greater Threat Than Terrorism Commerce Secretary: Americans ‘Need to Pay’ for Chinese Emissions Goldman Sachs Vice Chairman, CFR Member Picked for State Department Post…How can this be? Why let them screw up more than they already have? They’re f**k-ups, vegetables, etc….t

Globalist Think Tank Trots Out Iran Attack Scenario Kurt Nimmo | War Criminal Nations israel and the dis-united states are ready to typically accept a massive death toll in order to “send a message” to Iran.

`Pakistan wisely objects to expanded American combat operations in Afghanistan... Developing...`
`Bailouts could cost U.S. $23 trillion...`
`FDA CAN'T EVEN FIGURE OUT ITS OWN BUDGET...`
`Drug companies to reap swine-flu billions in latest contrived corporate welfare program; Analysts predict significant boost to sales...`

Afghan blast kills 4 GIs in deadliest month for US (AP)

Kids' lower IQ scores linked to prenatal pollution

David Kelly’s former Iraq aide joins call for inquiry into his murder which was labeled ’suicide’ Brit Home Secretary: Swine Flu Greater Threat Than Terrorism Shocking suicide toll on British combat veterans Independent | Britain faces a “ticking timebomb” of mental illness and suicide among young Army veterans who return from hand-to-hand combat in Afghanistan.

Israel rejects US call to halt Jerusalem project (AP) - AP - Israel on Sunday rejected a U.S. demand to suspend a planned housing project in east Jerusalem, threatening to further complicate an unusually tense standoff with its strongest ally over settleme... Netanyahu defies U.S. on East Jerusalem settlement (Reuters) - Reuters - Prime Minister Benjamin Netanyahu, saying he would not take orders over Israeli settlement in East Jerusalem, rejected on Sunday a U.S. demand to halt plans to build more homes for Jews in t... Israel rejects US demand to halt east Jerusalem project (AFP)

Report: US dollars funding Israeli settlements

Jewish settlers set ablaze olive trees in West Bank (AFP)

Paulson Threatened Great Depression, Food Riots, Martial Law To Get Bailout Bill Passed More information has come to light regarding former Treasury Secretary Henry Paulson’s threats to Congress last fall that martial law would ensue unless they passed the bailout bill.

Israel planned to assassinate Ahmadinejad: Iran Iranian Intelligence Minister Gholam Hossein Mohseni Ejeie said on Friday that Israel had planned to assassinate Mahmoud Ahmadinejad around the time of last month’s presidential election.

Secret us-israeli meeting to focus on Iran Amid reports that israel is preparing to bomb Iran.

Israeli art students show up at interesting times These “art students” are classic intelligence operatives who have appeared before and after major terrorist events (ie., 9/11, etc.)and covert operations conducted by the Mossad.

Max Keiser: Goldman Sachs Are “Scum,” “Financial Terrorists” Max Keiser goes on the offensive during an appearance on France 24 as he slams Goldman Sachs as “scum” and “financial terrorists” who should be thrown in jail.

‘Printing money will lead to serious problems down the road,’ says Jim Rogers Legendary global investor and chairman of Singapore- based Rogers Holdings, Jim Rogers said on Wednesday the US government’s interventionist economic policy verges on communism.

Ron Paul: Opening Statement on Federal Reserve Role and Consumer Protection As Dr. Paul argues in this video, additional regulations will be just another tax on consumers, and until we address the underlying problem of the Federal Reserve System itself, consumers will continue to watch the value of their savings decline.

Socialist America Sinking Obama’s first budget will consume 28 percent of the entire GDP; state and local governments another 15 percent. While there is some overlap, in 2009, government will consume 40 percent of GDP, approaching the peak of World War II.

DRUDGEREPORT: Lobotomy Joe `BIDEN: IT'S WORKING!` What Economy? What Recovery? There’s Nothing Left to Recover Regulators shut banks in Calif., Ga. and SD
`'WE HAVE TO SPEND MONEY TO KEEP FROM GOING BANKRUPT'...`
`WHITE HOUSE ECON ADVISER CLAIMS SUCCESS: FEWER PEOPLE SEARCHING 'ECONOMIC DEPRESSION' ON GOOGLE BECAUSE EXPERIENCING IT FIRST-HAND THEY ALREADY KNOW WHAT ECONOMIC DEPRESSION IS...` What Economy? There’s Nothing Left to Recover There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical “New Economy.”
`HELP WANTED: Dept of Treasury seeks contractors for 'power of humor'...`
`'Have the ability to create cartoons on the spot'...`
`UPDATE: Senator quashes department's bid for cartoonist...`

CRONKITE DIES
`CBO: Federal budget is on unsustainable path...`
`Freshman Dems Oppose Pelosi's Tax Increase...`
`Buchanan: Socialist America sinking...`
`Big Dem cash dump to party moderates on eve of climate vote...`
`House Democrats muzzle GOP on sensitive issues...`

`China Overtakes Japan as World's Second-Biggest Stock Market...`

`Unemployment tops 10 percent in 16 states in June...`
`California state offices shut down on Friday to save cash...`

It's DEAD Bitch: Typical Sick, Psychotic / future serial killer and Cat Killer Taunts Animal Activists... …She was busted last year for using a BB gun to dog-nap a teacup Yorkie with her boyfriend. She was also arrested for robbing a man of his iPod at gunpoint.

Occupiers/jewish terrorists vow to burn down Hebron

Israeli art students show up at interesting times These “art students” are classic intelligence operatives who have appeared before and after major terrorist events and covert operations conducted by the Mossad.

Max Keiser: Goldman Sachs Are “Scum,” “Financial Terrorists” Max Keiser goes on the offensive during an appearance on France 24 as he slams Goldman Sachs as “scum” and “financial terrorists” who should be thrown in jail.

Seymour Hersh stands by Cheney hit squad claim Flashback: Investigative Reporter Seymour Hersh Describes ‘Executive Assassination Ring’ MinnPost | “After 9/11… the Central Intelligence Agency was very deeply involved in domestic activities against people they thought to be enemies of the state.”

CIA death squads ‘copied Mosssad’

Israel soldiers reveal ’shoot first’ policy in Gaza

Gaza abuses revealed by Israeli troops

israel is a very small u.s. welfare state; but it has made itself useful to the Pentagon… Many bloggers appear to greatly over-estimate the wealth and power of tiny little Israel. Israel’s GDP is lower than that of Greece. CIA was aiming to kill Al-Qaeda leaders: Report ZUCKERMAN: The Economy Is Even Worse Than You Think...

Gaza war lacked restraint, some Israeli troops say (Reuters)

Mubarak blames Israel of aborting prisoner swap deal with Hamas

GALLUP: OBAMA APPROVAL DIPS TO NEW LOW...
2 suspected US missile attacks kill 45 civilians in Pakistan...
Jury sees videos of Dem congressman accepting cash...

DRUDGEREPORT: China passes USA auto market in first-half sales...
Growing trade partner in Latin America...
US slips, China soars in Fortune company rankings...

If proven, alleged Israeli spying in Lebanon a 'serious violation': UN (AFP)

`Obama wisely states: 'Absolutely' no green light for Israel to attack Iran...`

Brain-damaged/ Lobotomized biden, israel and Iran

Palestinian children protest Gaza blockade Hisham Abu Taha | Arab News GAZA CITY: Hundreds of Palestinian children participated in a rally in the Gaza Strip to protest the blockade imposed by Israel on the territory since 2007. Hamas movement, which controls the... Editorial: Total fabrication8 July 2009 Reports of secret Saudi-Israeli meetings surface from time to time in the international press. Over the past 30 years there have been quite a number of reports and now, it has happened again. The UK’s…Israel and apartheid Neil Berry | Arab News Preoccupied with the paradox of the co-existence of civilized taste and bestial behavior, the literary critic George Steiner has written much about the conduct of Nazi officers who murdered Jews by...

Kingdom denies deal with Israel Not another rash war!

Al-Sadr demands full U.S. withdrawal from Iraq Helen Thomas: Not Even Nixon Tried to Control the Media Like Obama Western Governments Funding Taliban & Al-Qaeda To Kill U.S. Troops, Destabilize Countries Bureaucrats Will Carry Out Mandatory Home Inspections Under Climate Bill The Truth Behind The Iraq “Sovereignty” Propaganda Amnesty details Gaza ‘war crimes’

DRUDGEREPORT `: 'We're in the Middle of a Crash': Black Swan...`

`Congress's Travel Tab Swells... Spending on Taxpayer-Funded Trips Rises Tenfold... From Italy to the Galápagos...`

`NY City Apartment Sales Down Over 50%...`
`American soldier captured in Afghanistan...`
`Marines suffer first casualties in Afghan campaign...`

`Mortgage applications fall to 7-month low...`
`Private sector sheds another 473,000 jobs in June...`
`'Layoffs may be worsening'...`
`Deficit forces California to issue IOUs...`
`States brace for shutdowns...`

· Amnesty says Israel "wantonly" destroyed Gaza (Reuters) - Reuters - Amnesty International said on Thursday Israel inflicted "wanton destruction" in the Gaza Strip in attacks that often targeted Palestinian civilians during an offensive in December and Januar...

· Amnesty accuses Israel, Hamas of Gaza war crimes (AP) - AP - Amnesty International accused Israel and Palestinian militants of war crimes Thursday in the most comprehensive report on the recent Gaza war. Both sides rejected the findings.

· Amnesty accuses Israel of using human shields in Gaza (AFP) - AFP - Amnesty accused Israeli forces on Thursday of war crimes in Gaza, saying they used children as human shields and conducted wanton attacks on civilians, in a report rejected as "unbalanced" by Is...

Israeli Army committed war crimes: Amnesty

Editorial: Gaza war inquiry

Pirates of the Mediterranean Paul Craig Roberts | Israel, of course, will get away with a mere act of piracy. After all, Israel has been getting away with its war crimes and violations of international law for 60 years.

israel used drones to kill Palestinians: HRW Tripartite summit in Egypt Between principle and necessity Israel Kidnaps Cynthia McKinney, Human Rights Workers Israel threatens to shoot international activists The postwar humanitarian crisis in Gaza takes a turn for the worse with the Israeli Navy intercepting a relief ship headed toward the coastal strip.

Reward for occupiers Editorial: The Gaza ghetto Iraq War: Not another whitewash please!

Israeli Prisons: Are Palestinian Children Abused? (Time.com) Time.com - A report castigates Israeli authorities for the treatment of young boys taken into custody for throwing rocks at soldiers -- and a wall

UN rights mission hears of Gaza children's suffering (AFP) AFP - A UN human rights mission listened to testimony about the suffering of children in the Gaza Strip on Monday before wrapping up two days of public hearings into alleged Israeli war crimes.

Israel to build 50 new homes at West Bank settlement ignoring u.s. request despite the same being u.s. money financing same (Reuters)

US, Israel behind Iran vote-rigging rumors: Ejei

Israel told to freeze settlements

Fed Tried to Cover-up Its Involvement in Bank of America-Merrill Deal Reuters | Ben Bernanke and the Federal Reserve made inappropriate threats to fire Bank of America management unless they went ahead with the ’shotgun wedding’ that was the Merrill Lynch acquisition.

…RASMUSSEN REPORTS On a more global scale and with a longer-term view, Rasmussen finds that 49% of voters believe that the best days for the United States are in the past…These data tend to support the idea of under-weighting the US in asset allocation models and over-weighting countries in the ascendant stage…

BofA's Wrist Slap Speaks Volumes About Capital Markets Integrity In the Most Negative Sense (at Seeking Alpha)

France finds no evidence against Iran N program

International Bailout Brings Us Closer to Economic Collapse Ron Paul | From their spending habits, an economic collapse seems to be the goal of Congress and this administration.

Citi boosting salaries to offset lower bonuses, allegedly to retain the clowns who helped make them taxpayer dependant and cause the current debacle; how ‘bout firing them instead and offering opportunity to the new, particularly non-ivy league vegetable garden grads

The Fed's Merrill Secrets (at Forbes.com) Bernanke must convince Congress this Fed didn't hide Merrill's losses from other regulators or Bank of America. The Federal Reserve kept other regulators in the dark about problems with Bank of America's purchase of Merrill Lynch and scrambled to prevent the public disclosure of large losses at Merrill before a scheduled late-January earnings announcement, according to excerpts of e-mails released Wednesday...Lewis contends he became aware of more than $15 billion of losses in mid December, after shareholders signed off on the deal. He called the Fed and Treasury and raised the possibility of walking away from the table using the adverse change clause. As the story now goes, the Fed and Treasury persuaded him not to invoke the clause. This is another issue yet to be determined: Did Lewis betray his shareholders by acquiescing to the wishes of regulators?...

Israel nears deal with US to use u.s. money to buy F-35 fighter jets…and use u.s. money for new settlements

Rights group: Israeli binding practices constitute torture

Tribal Leader Who Revealed Taliban Israeli-U.S. Links Assassinated

israeli police humiliate Palestinians in video (AFP) Mubarak says time is right for Arab-Israeli peace (Reuters) Videos show how Palestinians are humiliated

IT'S ON: W SLAMS O…How can this be? War criminal bush should be in jail (with cheney)…He’s destroyed this country among others and as well, to prove he’s an absolute fool and a boob, destroyed the republican party…Do you recall his push for social security invested in the stock market before the crash…Just imagine the consequences…the bush crime family should be forced into exile!

israel: Road map to nowhere

Iran accuses US of meddling after disputed vote (AP)

Editorial: Another attempt at cover-up

israeli minister’s remarks flayed

Hamas accepts Israel with 1967 borders

Editorial: Shaping new economic order

Typical sick jew teen charged in string of cat killings (AP) … future israeli war criminal or serial killer …Tyler Hayes Weinman, whose divorced parents live in the neighborhoods where many of the cats were killed, was charged Sunday with 19 counts each of animal cruelty and improperly disposing of an animal body. Louis B. Schlesinger, a professor of forensic psychology at John Jay College of Criminal Justice in New York, said cat killings are committed by "psychotic individuals," and are usually solo acts. He said the teenager should be evaluated, and he expected court officials to take the matter seriously. "When you kill cats, disembowel them and cut their heads off, that is not a good sign and you do not have to be Sigmund Freud to see that," he said. …Police said they investigated more than 30 cat deaths since May and were flooded with tips from concerned citizens …Authorities said Weinman was spending his summer doing odd jobs. He was twice arrested as a juvenile, though they said they could not provide details…

US and Israel on collision course: Carter

Editorial: UN team and Gaza probe

Netanayahu draws Arab anger for setting typically unworkable terms

War crimes in Gaza: israel defies UN again

‘Palestinian state only option’

US ship survivors tell Press TV of Israeli attack A deadly Israeli attack on a US ship — an incident largely kept in the dark by Washington — receives new attention with survivors reliving the painful memory.

Poll: Israeli gov’t most corrupt in world

Loud barking, will they bite? Consonant with reality, israel is as they should be in the international doghouse. The Israeli government’s reluctance to progress toward a two-state solution, its demolitions in East Jerusalem, and its continued expansion of Jewish settlements...

Report Ties Dubious Iran Nuclear Docs to Israel Gareth Porter | New evidence that Israeli intelligence was the source of the collection of intelligence documents which have been used to accuse Iran of hiding nuclear weapons research.

Middle East: Time for action American Muslims welcome president's 'tone of peace' Editorial: Now is time for Obama to act

Inevitability owing to their militant/illegal policies leads israel to begin “Doomsday” Drill

Netanyahu says no to settlement freeze

Obama wisely backs Palestinian state Editorial: US, Israel and Palestinians

`Obama calls on Israel to halt settlements...`

Amnesty: Israel repeatedly violated rules of war in Gaza

israel threatening Iran with their illegal ‘nukes’

israeli talks typically false offer useless without Golan: Syria (Reuters)
WHO urges war crimes nation israel to lift Gaza blockade (AFP) WHO urges Israel to lift Gaza blockade

Israeli government too extreme to make peace: Syria's Assad (Reuters)
Sarkozy says Palestinian state vital to Mideast peace (AFP)
Israel to ban Naqba commemoration (AFP)
Netanyahu defies Obama on Israeli settlement freeze (Reuters)

Occupiers can change nationality, says Qorei RAMALLAH: Ahmed Qorei, the head of Palestinian negotiating team with Israel, said that Jewish occupiers could live under Palestinian law and can become Palestinian citizens. “(Former US Secretary...

Amman protests Israeli idea depicting Jordan home for Palestinians

Israel preparing ‘classic’ war because that’s what they do…war

Israel to ignite all-out regional war…Is there anyone who rationally doubts the need to eliminate/exterminate nazionist israel/israelis for the sake of world peace and justice?

israeli talks typically false offer useless without Golan: Syria (Reuters)

WHO urges war crimes nation israel to lift Gaza blockade (AFP)

Two Palestinian activists killed in cold blood by israeli forces near Gaza Strip (AFP)

‘Probe of war crimes goes on without israeli OK’

israeli settlers reject Obama call to halt building so that war crimes may continue…justifying action to eliminate/exterminate nazionist israel/israelis for the sake of world peace and justice…..

israel ready for peace talks for the umteenth time…..riiiiight! : netanayahu

israeli response to u.s. entreaties for mideast peace: israeli warplanes bomb Hamas target, Gaza tunnels (Reuters)
If america is serious and not just as always posturing for the cameras, they certainly have the clout with Israel to force the long overdue peace which is coincidentally in u.s. interest as well as that of the world.
US pushes for halt to Jewish settlements (AFP) US officials press Israeli leader on Mideast peace (AP)

Editorial: Obama should force Israel to act For decades, the chasm between words and deeds has been the root cause of the continued nonexistence of a Palestinian state and the Israelis’ ability to treat international views on the matter with...

‘Iran has hard evidence of Israeli war crimes’ A representative to the Leader says Iran has gathered ‘thousands of documents’ which testify to Israeli atrocities in Palestine.

Panetta: israel knows launching attack against Iran would mean 'big trouble'...

Harman begins to backtrack denials of wiretap story The California Democrat who was allegedly caught on an FBI wiretap promising to aid accused Israeli spies in 2005 has begun walking back her original denials.

Harman and AIPAC: More Evidence of Massive Government Corruption Kurt Nimmo | If the AIPAC operatives are convicted, treason charges against Harman should not be ruled out.

israeli parliament member in letter to Rahm Emanuel: 'Don't forget you're jewish!'...

Wiretap reveals reach of US pro-Israel lobby WASHINGTON: Rep. Jane Harman, the California Democrat with longtime involvement in intelligence issues, was overheard on a National Security Agency (NSA) wiretap telling “a suspected israeli agent”...

netanayahu: No second Holocaust against jews (there are loads of jews in the u.s. and mideast) because there was never a first (the Christ-killers love to play the victim) but the first is now on the table so that there may be peace on earth (AP)

GENEVA – Dozens of Failed Western diplomats walked out of a U.N. conference and a pair of rainbow-wigged protesters threw their fitting clown noses in the air Monday when the truth-speaking leader of Iran called israel the "most cruel and repressive racist regime."…

British racist hypocrits/zionists joined a dramatic diplomatic walkout today when President Ahmadinejad of Iran told the truth in a major UN conference against racism that the racist state of israel had been founded “on the pretext of jewish suffering” during the Second World War. brits are out to lunch (look at England-big brotherly pathetic)! Come on! People may differ regarding the holocaust ( what about Armenians, American Indians, Russians and Poles in WWII, etc.), but clearly israel’s war crimes are ignored and clearly they truly are a brutal and racist regime and illegally have nuclear weapons and are a u.s. funded bully/war criminal nation in the mid-east. When truth is hard to digest

israel in search of ‘anti-heroes’ to bomb Iran

Olmert charged with war crimes

israel: New govt and old policies

Steering Israel to peace by reality of peace or action to eliminate/exterminate nazionist israel/israelis for the sake of world peace and justice.

Freedom and its absence in Lebanon and the USA
The Lebanese elections are due to be held shortly, and emotions are high by many Lebanese who see great stake in who wins and looses
Regional, Analysis, 6/1/2009

Maharat Foundation launches report on the status of freedom of speech and
The journalists were critical of their work circumstances and complained about the lack of freedom in their institutions
Lebanon, Politics, 6/1/2009

Obama seeks enhanced engagement with the Middle East
Obama begins his trip June 3 in Riyadh, Saudi Arabia, for consultations with King Abdullah on issues including the Middle East peace process, energy and terrorism
Regional-USA, Politics, 6/1/2009

Writer and journalist Kilo released in Syria
Reporters Without Borders spoke of the writer and journalist Michel Kilo's being released at 11 p.m. (local time) on 19 May 2009 from the Damascus headquarters of the intelligence services, where he had been held and interrogated for the previous five days.
Syria, Politics, 6/1/2009

Previously abducted Egyptian blogger harassed by police
The Arabic Network for Human Rights Information (ANHRI) spoke of the threats by State Security agents to blogger Dia Eddin Gad, owner of the blog "Angry voice"
Egypt, Politics, 6/1/2009

Harassment of pro-Hamas journalists by West Bank security
harassment of pro-Hamas journalists by West Bank security services, in particular the arrests of Al-Aqsa TV cameraman Oussid Amarena and "Filasteen" bureau chief Mustapha Sabri in the past 11 days
Palestine, Politics, 6/1/2009

Israel stunned at US firmness on freezing settlements
"Tensions between the USA and Israel are growing after the US administration's demand that Israel completely freeze construction in all Jewish colonies in the West Bank," Haaretz Israeli daily said, Sunday.
Palestine-Israel-USA, Politics, 6/1/2009

Iran views on Lebanon elections and US policy
Iran's Minister of Foreign affairs said today "we have waited till today, and are still patiently waiting to see new US government's practical steps (in right direction)."
Lebanon-Iran-USA, Politics, 6/1/2009

Blair questioned on work as Middle East envoy
The committee warned that the projects must facilitate the creation of a viable contiguous Palestinian state, while criticizing the continuing expansion of illegal Israeli settlement. The Quartet was also criticized for not pressing Israel to ease its inhuman siege of Gaza.
Palestine-Israel-UK, Politics, 6/1/2009

Sarkozy : Palestinian state is a 'legitimate right'
Sarkozy told the official UAE's news agency WAM, 'no one would think seriously about peace in the Middle East without giving the Palestinians a state they have been persevering for years. It is their legitimate right.'
Palestine-Israel-France, Politics, 6/1/2009

News from around the web:

3-31-10

Sell-off in US Treasuries raises sovereign debt fears Daily Telegraph | Washington can no longer borrow with impunity. The coming inflation wave CNNMoney | The U.S. treasury and currency markets have showed inflation signs for months, with the dollar up and the price of treasury bonds down. U.S. Companies Unexpectedly Cut Payrolls in March Bloomberg | Companies in the U.S. unexpectedly cut payrolls in March, according to data from a private report based on payrolls. EUR At 1.3507: Goldman EURUSD Re-Stop Time The Euro is now over the 1.35 stop limit. And so Goldman makes a boatload yet again as clients lose. Keep an eye on the official close. We wonder if this means third time will be the charm for GS which should next go EUR bullish (once again, and less than a month after the first failed such call). Johnson: Economic Crises Happen Every 5 Years In Our Current System Peter Schiff: ‘Very Good Reason’ to Believe Home Prices Will Collapse The latest housing initiative announced today by the Obama Administration draws the U.S. government and, by proxy, all taxpaying Americans, further into the inescapable quagmire of a devastated real estate market.

FCC Adviser Advocates State-run Propaganda “Megaphone” to Counter Alternative Media Kurt Nimmo | The government is desperate to counter the free flow of information especially on the internet and steer the populace back on the government propaganda track. Climategate Investigation A Monumental Whitewash Steve Watson | One down, two to go: First “investigation” into data fixing scandal clears scientists, says warming is real. Fox News Calls For Obama To Be Killed While Framing Alex Jones For Instigating Violence Infowars.com | Fox News contributors call for Obama to be killed and authors to be shot while Fox points the finger at Alex Jones for instigating violence. Exclusive: Court Rules in Favor of Rundus in “Million Dollar Bills” Case Kurt Nimmo | Rundus brought suit against the U.S. government after the Counterfeit Division of the Secret Service illegally confiscated gospel tracts made to resemble one million dollar bills.

DRUDGEREPORT:

Police: NEW JERSEY teen sold stepsister, 7, for sex party for seven men, boys...

3-30-10

60 Minutes Exposes United States Financial Collapse Stocks: Still Down vs. 2008 It’s Official — America Now Enforces Capital Controls Economist Johnson urges breakup of big U.S. banks (Reuters) Consumer Confidence and U.S. Housing

Companies Push to Repeal Provision of Health Law An association representing 300 large corporations urged President Obama and Congress on Monday to repeal a provision of the health care overhaul that prompted AT&T, Caterpillar and other companies to announce substantial charges for the current quarter.

US Bagram Airbase hit during Obama visit Press TV | The US Bagram Air Base in Afghanistan has been hit by rockets during an official visit by President Barack Obama to the war-torn country.

SLAP: Canada tells Clinton troops are leaving...

WikiLeaks to release video of civilians, journalists being murdered in airstrike Raw Story | Whistleblower Web site WikiLeaks is planning to release a video that reveals what it’s calling a Pentagon “cover-up” of an incident in which numerous civilians and journalists were murdered in an airstrike.

CNN Attempt To Portray Patriots As Terrorists Backfires, Segment Fails To Air Infowars.com points out that CNN and corporate media were responsible for the deaths of over a million Iraqis by recycling lies about weapons of mass destruction. CNN, SPLC Propaganda Connects Hutaree to Patriot Movement Kurt Nimmo | Hutaree millennial fantasies and paintball wars give media grist to demonize patriot movement.

3-29-10

This is a secular bear market. This is a bull (s***) cycle in a secular bear market. This is a manipulated bubble as has preceded the prior crashes with great regularity that the wall street frauds and insiders commission and sell into.

Calm Before Another Global Market Storm Cooper ’…And given just how far this market appears to be manipulated it will have to be the bank trading desks who decide to put on their short positions and catch the rest of the market snoozing. Market timing How long will that take? If only we knew. But being positioned away from a crash is more sensible than being in the middle of it, unless you go short too. Realistically this should not take too much longer. We know from past crashes like the one seen in 2008-9 that a rally is followed by a sharp correction, and the longer the rally the sharper should be the correction. When the bank trading desks have killed every short then they will go short and kill the bulls. It will not be a pretty sight.’

Why Stocks are Extremely Overbought … On borrowed time No doubt, extremes can go on for a while. Nevertheless, it is interesting to note the common denominator between all extremes - the year they last occurred are 1987, 2000, and 2007. All those years had one thing in common - major declines.…To a larger degree than in the past and at all cost, the government is doing all it can to prop up the economy (see related article 'What or Who is Driving Up Prices'). And even though this might be working right now, we know that the government's actions usually accomplish the opposite of what they intend…Take the Glass-Steagall Act as an example. It was a law designed to control speculation. This law was established in 1933, the year the Great Depression ended and was repealed in 1999, just before the tech bubble burst…Two extremes we haven't mentioned yet are P/E ratios and divided yields. Market bottoms are signaled by low P/E ratios and high dividend yields. Just a few months ago, Standard & Poor's pegged the P/E ratio based on reported earnings at 143, more than 10 times its historic average. Dividend yields have fallen close to the 1999 all-time low. This is not what a new bull market is made of…

Stocks: A Rally That Defies Gravity (at BusinessWeek) … All good things must come to an end, though, so investing pros naturally wonder how long the market can keep up its winning streak. The market hit its 18-month high in the face of widespread skepticism among both investors and the American public.…Most individual retail investors have not been participating in the rally. According to Morningstar (MORN), investors pulled $3.7 billion out of U.S. stock funds in February, the fifth month of outflows in the last six months. A Mar. 25 survey by the American Association of Individual Investors showed 34.7% of respondents are bearish, which is more than the 32.4% who are bullish and up from a 23% bearish reading at the end of 2009. Many Americans seem unaware of the stock market's success and gloomy about the economy, according to a Bloomberg National Poll released Mar. 24. The broad S&P 500 rose 72.4% from Mar. 9, 2009, to Mar. 26, 2010. Yet the Bloomberg poll found only 31% of American investors said the value of their investments had improved in the past year. By contrast, 22% believe their investments' value has held steady and 46% believe their value has fallen…

Approaching a Soft Patch in the Economic Road Hansen ‘…The CFNAI and the USAIP show declining February numbers and blame the results on weather. I have argued that weather is not a problem. Please see February Economic Data Enters the Bermuda Triangle and Fed Composite Index: Where Down Is Up. My belief is that the economic recovery's rate of improvement will begin to slow. This recovery is a predictable bounce which occurs following economic bottoming, and is due to inventory depletion, pent-up demand, rationalization, and efficiency / productivity improvements. And there is no evidence the economy is building a head of steam to rocket out of our current depression. This economic bounce has not filtered down to Joe – this is a Wall Street recovery. The Wall Street recovery is an improvement on terrible recessionary data. We will remain deep inside of a debt depression which will last many years. We continue to watch the crisis unfolding in southern Europe as these countries struggle for fiscal control, while the vast majority of our States contract fiscally to match income to expenditures. The southern European fiscal crisis will cause GDP contraction in the affected countries which will spill over to the rest of Europe – as well as trading partners such as the USA. But anyone who suggests they understand what the fallout from Greece or the rest of southern Europe will be is delusional. The range of plausible possibilities range from little or no effect to another depressionary liquidity crisis. Because we see this danger, the most likely scenario is that there will be little or no effect – but the uncertainty will weigh on bond and equity markets. Our debt crisis is coming to another pivot point this month as the Federal Reserve's intrusion into the market to keep credit moving and interest rates lower is ending…’

Four Lenders Shuttered as US Bank Failures Reach 41 This Year BusinessWeek - Phil Mattingly March 27 (Bloomberg) -- Four banks in Georgia, Florida and Arizona were shut down by regulators, bringing the total for the year to 41 as smaller lenders are pressured by bad loans tied to commercial real estate. Key West Bank, 3 other banks closed MiamiHerald.com Regulators Shut Four Banks New York Times Massive Deficits, Debt Overhang and Rising Bond Yields Asian Currencies Decline for Week on Euro Region Debt Concerns BusinessWeek - Yumi Teso, Bob Chen March 27 (Bloomberg) -- Asian currencies declined this week, led by the Singapore dollar and South Korean won, as discord among leaders in European nations on how to solve Greece's debt woes curbed investor appetite for ... Video: Leaders Say Eurozone Plan to Stabilize Euro The Associated Press Video: Leaders Say Eurozone Plan to Stabilize Euro The Associated Press Greek Aid Agreement Takes Heat Off Euro Wall Street Journal

JPMorgan, Lehman, UBS Named in Bid-Rigging Conspiracy JPMorgan Chase & Co., Lehman Brothers Holdings Inc. and UBS AG were among more than a dozen Wall Street firms involved in a conspiracy to pay below-market interest rates to U.S. state and local governments on investments, according to documents filed in a U.S. Justice Department criminal antitrust case. The Federal Reserve as a Confidence Game Inflation Is Going To Get Worse Greg Hunter | One of my consistent views on this site is “real” inflation is much higher than what the government is telling us.

Senile greenspan Discusses The Fed’s Inability To See Bubbles, Is Confident There Is A “Bubble Waiting To Burst In China” The old pot calls the kettle black and managed to run away from the old folks’ bent on monetary destruction home just long enough to carry this amusing interview with Bloomberg TV’s Al Hunt.

SEC Looks at Wall St. Accounting New York Times - Louise Story The Securities and Exchange Commission said on Monday it had started an inquiry into about two dozen financial companies to determine whether they followed accounting practices similar to those recently disclosed in an investigation of ... Just another instance of look but don’t touch? … I’ll bet, ‘cause you what’s there, frauds that they are!

AT&T sees $1 billion healthcare related charge AT&T Inc (T.N) said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law, as lawmakers called on the company and three other large employers to testify about expected cost hikes. Flashback: House Speaker Pelosi admits JAIL is fair for not buying health insurance – 11-9-09 During a press conference at Swedish Medical Center in Seattle, Nancy Pelosi skirted a surprise question, twice. The questions pertained to 5-year jail terms and $250,000 fines for those refusing to buy health insurance under her plan. However, she did say her plan was “fair”.

Don’t Be Fooled: Republicans Love Government Enforced Healthcare Kurt Nimmo | Both Republicans and Democrats are enforcers for the global elite and transnational corporations. Good News: Former Pentagon Spook Withdraws TSA Nomination Kurt Nimmo | Obama’s selection of retired Army Maj. Gen. Robert Harding to run the TSA was an obvious signal the government plans to further militarize airport security. Obama Just Got His Private Army Nancy Matthis | Obama’s private army is buried in the Senate revisions to the health care bill. Leaked CIA Report: “Public Apathy Enables Leaders To Ignore Voters” In Waging Endless Wars Washington’s Blog | Public apathy enables leaders to ignore voters.

The Strange Case of Kristopher Sickles and the Hutaree Militia Kurt Nimmo | Research on Sickles, aka Pale Horse, reveals him not to be a patriot but rather a self-absorbed producer of a sadistic film about serial murder. Christian militia accused of plotting to kill cops (AP) This combo of eight photos provided by the U.S. Marshals Service on Monday March 29, 2010 shows from top left, David Brian Stone Sr., 44, of Clayton, Mich,; David Brian Stone Jr. of Adrian, Mich,; Jacob Ward, 33, of Huron, Ohio; Tina Mae Stone and bottom row from left, Michael David Meeks, 40, of Manchester, Mich,; Kristopher T. Sickles, 27, of Sandusky, Ohio; Joshua John Clough, 28, of Blissfield, Mich.; and Thomas William Piatek, 46, of Whiting, Ind.,. Nine suspects tied to Hutaree, a Christian militia that was preparing for the Antichrist were charged with conspiring to kill police officers, then kill scores more by attacking a funeral using homemade bombs, federal prosecutors said Monday. Federal authorities say Stone's other son, Joshua Matthew Stone is a fugitive. Piatek, 46, of Whiting, Ind., was arrested Sunday in Illinois after an FBI raid Saturday in Hammond, Ind. In court Monday, he initially said he was the person named in the federal indictment, but when read the allegations, he said 'I'm not that guy.' U.S. District Judge Paul Cherry ordered Piatek to return Wednesday for an identity and bond hearing. (AP Photo/U.S. Marshall) Militia Raids Part Of Government Effort to Provoke Violence, Purge Dissent The Tea Party protests are nothing compared to the seething rage of the anti-Bush crowds So, according to Frank Rich of the New York Times, the Tea Party protesters are indulging in a “small-scale mimicry of Kristallnacht.” There is a “tsunami of anger” gathering across the land, he writes, and an “accompanying rise in right-wing and left-wing extremism”.

CPS Warrior Nancy Schaefer Gunned Down Infowars.com | The corporate media does not bother to mention that Schaefer exposed the abuses of CPS and the international child sex slavery ring.

Ex-Scientology lawsuits reveal Sea Org slave group (AP)

Search for survivors of sunken South Korea navy ship as officials ‘rule out’ involvement of the North The Long, Long History Of False Starts Of War Between South And North Korea History suggests that this sinking of a South Korean naval vessel off the coast of the country will not be the restart of the Korean conflict.

McChrystal admits failure to cut civilian death The top US commander in Afghanistan has acknowledged his forces failure to reduce civilian casualties, as the US-led alliance faces Afghan anger over high civilian death. CIA paper reveals plans to manipulate European opinion on Afghanistan ‘Out-of-the-box’ CIA think tank proposes concerns over women’s rights, fear of terrorism as ways to boost support for Afghan war

Peace process may be a total failure: Moussa SIRTE, Libya: Arab leaders opened a summit on Saturday determined to send a clear warning that the Middle East peace process is doomed unless Israel freezes Jewish settlements in annexed east Jerusalem. Israelis quit Gaza after worst clash in over a year GAZA: Israeli troops and tanks left the Gaza Strip on Saturday, witnesses said, after the bloodiest clash in the Hamas-ruled enclave in 14 months killed two soldiers and a Palestinian. Shoura denounces Netanyahu's bellicosity RIYADH: The Shoura Council on Sunday denounced Israeli Prime Minister Benjamin Netanyahu’s controversial statement on Al-Quds (Jerusalem) and his government’s move to construct more Jewish settlements in occupied Arab territories.

UN Human Rights Council condemns Israel's construction of settlements in East Jerusalem
The operative paragraphs welcome the international community's reaffirmation that settlements, the separation barriers were built on occupied lands, demolition of homes and evictions are illegal under international law and constitute an obstacle to the peace
Palestine-Israel-UN, Politics, 3/25/2010

EU condemns construction in East Jerusalem
The EU's foreign policy chief, Catherine Ashton, condemned an Israeli decision to continue construction on the site of the former Shepherd Hotel in east Jerusalem.
Palestine-Israel-European Union, Politics, 3/25/2010

Jerusalemites in dire need for international protection
Following of a terrorist attack carried out by an armed group of illegal Israeli settlers against the home of Abu Shaban family in Ras-Alamoud neighborhood adjacent to the Old city of Jerusalem, Fateh Revolutionary Council Member Dimitri Diliani called for international protection for Jerusalemites.
Palestine-Israel, Politics, 3/25/2010

Israel responds to British expulsion of diplomat over Hamas killing
Israel's Ministry of Foreign Affairs said two days ago that "Israel has not received any proof pointing to Israeli involvement in the matter and regrets the British decision" to expel Israeli diplomats who are accused of being involved in the murder of a Hamas official in the United Arab Emirates using forget British passports.
Palestine-Israel-UK, Politics, 3/25/2010

Gazans receiving Caritas aid marks 1000th day of siege
For more than 1,000 days, Gaza has been under siege now, with devastating consequences for its already poor population.
Palestine-Israel-Germany, Politics, 3/25/2010

Israeli navy wounds Gazan fisherman inside Palestinian waters
His condition is currently too unstable to risk removing the pieces of shrapnel lodged in his brain.
Palestine-Israel, Politics, 3/25/2010

Clinton's Speech at American Israel Public Affairs Committee
the status quo in the Middle East is unsustainable and threatens Israel's long-term future, urging Israel to pursue a two-state solution with the Palestinians based on its 1967 borders with agreed land swaps
Palestine-Israel-USA, Politics, 3/25/2010

News from around the web:

3-26-10

The Market Story Stocks Finish Flat After South Korea Scare, GDP Revision By Melinda Peer NEW YORK (TheStreet) -- ”Stocks closed near the flat line Friday after reports of a possible attack on one of the South Korea's naval ships surfaced and after the government revised lower its latest assessment of fourth-quarter economic growth…Earlier, the third and final read on fourth-quarter gross domestic product was lower than economists expected at 5.6%. Meanwhile, March consumer sentiment, as measured by the University of Michigan's Surveys of Consumers, was unchanged from February's level of 73.6…” These revisions down from market frothing prior “estimates” have become an all too familiar theme in this vastly overvalued market. Social Security to See Payout Exceed Pay-In This Year New York Times | This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016.

Florida unemployment hit record 12.2 percent in February Florida’s unemployment hit 12.2 percent in February, the highest rate on record, soaring past even the rates recorded in the 1973-1975 recession, the state work force agency said Friday.

Bill Murphy of GATA Reveals Whistle-Blower in Gold Price Suppression You Tube | Bill Murphy, Chairman of the Gold Anti-Trust Action Committee delivers his testimony about a whistle-blower in the gold price suppression scheme. Engdahl: Wall Street pulled Greek plug to distract from dollar disaster Russia Today | Diplomats at the EU summit in Brussels have agreed to a 30 billion dollar bailout plan for Greece. William Engdahl, author of “Full Spectrum Dominance”, says the roots of the euro’s crisis lie in the U.S. Whistleblower Speaks Out On J. P. Morgan’s Market Manipulation Jesse’s Café Américain | These jokers are one of the US’ largest banks, with trillions of dollars in unaudited derivatives exposure, and they seem to be engaging in trading practices like Enron did before it collapsed.

Korea Tensions Pale Alongside Agenda To Attack Iran Steve Watson | We only go to war with countries who can’t fight back. MSNBC’s Ed Schultz Demands Return to the Fairness Doctrine Kurt Nimmo | Everybody must support the Leader or face persecution by the state. The Future Will Be Medicated Bryan DiTolvo | Welcome to the future — pop a pill and have a nice day. Soldiers Take Psychiatric Medications for Stress ABC News | After years on the battlefield or in the trenches, many American soldiers are showing signs of psychological distress. Conyers Cites Imaginary Constitutional Clause in Defense of Obamacare Kurt Nimmo | Conyers swore an oath to a document that he apparently did not read and does not understand. Social Security to See Payout Exceed Pay-In This Year New York Times | This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016. World Mourns As Communist Darkness Falls Upon America The European Union Times | Obama has succeeded in his audacious plan to remake America into a full fledged godless communist empire barely one year into his term. Rasmussen: 55% Favor Repeal of Health Care Bill Rasmussen Reports | 52% say they’d vote for a candidate who favors repeal over one who does not. Possibility Korean Boat Sunk By Own Explosives The JCS said there was a possibility that the explosion was caused by an attack from North Korea or the boat’s own explosives. A South Korean vessel fired warning shots toward the North around the time of the incident after its radar detected a suspicious object, he said. It was believed to be a flock of birds, he added.

u.s., mexican drug gangs form alliances Mexican Drug Cartel Forces Town Residents to Flee into Texas Mexican Drug Gang Targets El Paso, Texas, Cops

3-25-10

Social Security Payout to Exceed Pay-In -- This Year! Personal Income Drops Across USA... MORE AND MORE BONDS: Rates rise after weak auction... Majority of Homeowners With Loan Modifications -- Defaulted Again... Obama Orders Lenders to Cut Mortgage Payments for Jobless... “The Only People Who Still Might Be Fooled Are the American Taxpayers, Who Are Ultimately Responsible When the Bills Come Due” Washington’s Blog | The Wall Street Journal ran an editorial pointing out that the American people are the only ones fooled by the government’s use of off-balance sheet accounting to hide the debts of Fannie, Freddie, Social Security and Medicare. In Harbinger Of Things To Come, Indonesian Parliament Begins Criminal Investigation Into Bank Bailouts Zero Hedge | One of the key findings of this crisis is that the American people are some of the laziest, most apathetic individuals known in history. Pro-Obamacare Thugs, Not Tea Party Activists, Are The Real Violent Extremists Democratic proponents of the health care bill have attempted to portray anger being expressed by the majority of Americans who opposed the bill as some kind of vicious and deadly mass assault, casting themselves as poor victims of a bloodthirsty mob, when in reality the only real instances of violence have been carried out by pro-Obamacare thugs, with Tea Party activists their victims. Healthy tax increases, not only on wealthy Washington Times | When combined with the fixes making their way through Congress, Obamacare will raise taxes over the next 10 years by more than a half-trillion dollars.

Good-bye, Truth Has Fallen and Taken Liberty With It Paul Craig Roberts | Today Americans are ruled by propaganda. Americans have little regard for truth, little access to it, and little ability to recognize it. Truth is an unwelcome entity. It is disturbing. It is off limits.

GOP Lawmaker Darrell Issa Poised to Call for Special Prosecutor to Investigate White House CBS News | Rep. Darrell Issa will call for a special prosecutor to investigate the White House if it does not address Rep. Joe Sestak’s claim that he was offered a federal job in exchange for dropping out of the Pennsylvania Senate primary. OF COURSE THIS IS TRUE, AND SAM ALITO (ALONG WITH TRUMP-BARRY, SHIFF, MATZ, UNDERHILL, DORSEY, HALL, ETC.) ON THE SUPREME COURT IS TESTAMENT TO HOW THIS WORKS, COMMITTING RICO VIOLATIONS AS QUID PRO QUO TO HIS LIFETIME APPOINTMENT TO THE FEDERAL BENCH. THIS IS TYPICAL IN A PERVASIVELY CORRUPT MEANINGFULLY LAWLESS NATION AS AMERICA.

Dems Make Case Tea Party Movement is Terrorist Kurt Nimmo | Government may soon begin targeting the real Tea Party movement, the Oath Keepers, Gun Owners of America, and other patriot groups. Medical Companies: Taxes In Healthcare Bill Will Kill Jobs, Businesses Steve Watson | Knock on effect will mean more costs for the American people. 55% Favor Repeal of Health Care Bill Just before the House of Representatives passed sweeping health care legislation last Sunday, 41% of voters nationwide favored the legislation while 54% were opposed. Now that President Obama has signed the legislation into law, most voters want to see it repealed. Invisible Empire: A Primer on the New World Order Kurt Nimmo | Bermas hits us with a spellbinding array of details exposing the criminal behavior of the so-called elite and the governments they control. WikiLeaks Followed by CIA and State Department Infowars.com | “WikiLeaks is currently under an aggressive US and Icelandic surveillance operation,” says a Tweet sent by the site. Tarpley: US Gov uses Google proxy to attack China China vs. the Internet L.A. Times | Google, Go Daddy and others are pushing back against censorship efforts by Beijing.

Jim Rogers: Greece Should Be Allowed To Go Bankrupt Jim Rogers points out that hard working people in France and Germany shouldn’t be made to pay to bailout Greece, and that Greece should be allowed to go bankrupt. THE GREAT DISCONNECT: Stocks 30% Overvalued And Still Going Up… And Housing Rolling Over Did Gordon Brown Sell UK’s Gold To Keep AIG And Rothschild Solvent; More Disclosures On How The NY Fed Manipulates Gold Prices Gordon Brown sold UK’s gold at the lowest price in the past 20 years, a thorny topic touched upon earlier by the Telegraph, simply to bail out mega banking empire Rothschild and, surprise, AIG, as well as who knows how many other members of the LBMA.

3-24-10

GLOBAL MARKETS-US stocks, euro, Treasuries fall on debt worries Reuters - Walter Brandimarte, Leah Schnurr NEW YORK, March 24 (Reuters) - The euro sank to a 10-month low against the dollar on Wednesday while prices of US stocks and Treasuries fell on mounting concerns about a spiraling debt burden in some developed economies. Video: Daily Video Recap (3/24): EUR/USD Breaks Below 1.3450 as Fitch Downgrades Portugal's Rating CMS Forex Euro Drops as Portugal Downgrade Underlines Concern on Greece Bloomberg Portugal’s Debt Rating Lowered by Fitch on Worsening Finances Portugal had its credit grade lowered one step to AA- by Fitch Ratings, which cited the nation’s deteriorating public finances. Sales of New U.S. Homes Dropped in February to Lowest on Record Sales of new homes in the U.S. unexpectedly fell in February to a record low as blizzards, unemployment and foreclosures depressed the market. 72% of Democrats, 84% of Republicans and 80% of Independents Think the Economy Will Collapse

Bailout Banksters get huge tax refunds in the billions as the policy of privatizing gains and socializing losses continues. Economic Stimulus Bill May Give J.P. Morgan a Tax Refund of $1.4 Billion Wall Street Journal | J.P. Morgan Chase & Co. is nearing a deal that would allow it to benefit from a tax refund of as much as $1.4 billion, becoming the latest company to tap a little-noticed plank in an economic stimulus bill. Poll Reveals Americans Hate Wall Street Bloomberg | Leery of new “consumer protection” bureau to be run by the Federal Reserve.

Wikipedia founder praises Google over China decision | Web Services... States Sue to Block Health Care Reform as Illegal (Update1) - Bloom... Senate Republicans launch guerrilla campaign against healthcare rec...

Thick as a Brick: Lib Bloggers Blame Militia for Broken Dem Windows Kurt Nimmo | Mike Vanderboegh’s comments are a gift to the Department of Homeland Security and the SPLC. Dates That Destroyed America Chuck Baldwin | The decision by Congress to socialize medicine in the US ranks among the most draconian, most egregious, most horrific actions ever taken by the central government in Washington, D.C. Transforming TSA into a Military Intelligence Operation Kurt Nimmo | Obama’s choice to head up the TSA is a former Army general who was responsible for the planning and execution of the Army’s intelligence programs.

Biden Characterizes Obamacare as an Obscenity Infowars.com | “This is a big f—— deal,” says old foot-in-the-mouth Lobotomy Joe Biden. It sure is. And it’s obscene, too.

Good-Bye: Truth Has Fallen and Taken Liberty With It Regular readers of PCR’s outstanding articles will be disappointed to hear that he is bowing out for the time being. Roberts has also told us that he will probably appear to expand on why he has decided to “sign off,” as he puts it in the following article. Loophole Exempts Washington Insiders From Obamacare Mandate A loophole written into the final healthcare reform bill passed on Sunday and signed into law by Obama yesterday, exempts Washington insiders and committee staffers from the mandate that now requires every American to purchase health insurance. Obamacare a Boon For Pharmaceutical Crooks Even before the president spoke, the Pharmaceutical Researchers and Manufacturers of America — whose $26.1 million lobbying effort in 2009 was the most expensive by any industry lobby in history — hailed the health package as “important and historic.”

Airport Worker Pervs Over Woman In Body Scanner: “I Love Those Gigantic Tits” Outrage was growing today over the abuse of naked airport body scanners after it was revealed that a Heathrow worker perved over a naked image of a female colleague after she passed through one of the devices, before commenting, “I love those gigantic tits”.

Health Care Law More Evidence That Signals US Empire Decline The passage of the health care law shows that the US empire is declining because it illustrates the fact that people expect the state to take care of them, David Murrin, the co-founder of Emergent Asset Management hedge fund manager, told CNBC. U.S. & NATO Are Supporting Afghan Drug Industry The US military says it is using a new approach to fight drug production in Afghanistan, but Julian Mercille, lecturer at University College, Dublin, believes both they and NATO have in fact been supporting the industry. Tony Blair in citizen’s arrest scare as Brussels journalist tries to detain him over ‘war crimes’

World is headed for a global revolution – authors The world may have been brought crashing to its knees by the economic crisis, but some say we have not seen anything yet.

3-23-10

Existing home sales down, news scanty and no good news, inkling of better than expected mantra and preposterously stocks rally as they float on air just like they did preceding the last crash.

“Passage Of The Healthcare Bill Means The Double-Dip Is Coming” – Market Insight From Permabull Jim Cramer Who Just Turned Bearish Jim Cramer may be in hot water with the SEC over his theStreet.com, and he may be a mouthpiece for the biggest ponzi enabling organization the developed world has ever seen, however, he did have some interesting and spot-on observations on the just passed health care bill. Danger! Falling home prices Underemployment At Record 20% According To Gallup Zero Hedge | Unlike the Dept of Labor’s arcane voodoo which lately is based more on executive confidential memos and snowfall observations, Gallup’s underemployment measure is based on more than 20,000 phone interviews.

Tiny Tim says Fannie, Freddie overhaul must wait AFP | US Treasury Secretary Tiny Tim geithner on Tuesday swatted aside pressure for a swift reform of troubled government-backed mortgage giants as data pointed to a still struggling real estate market. Final tab for U.S. health bill doesn’t add up Chimerica is Breaking Up: China Likely to go From Huge Trade Surplus to Trade DEFICIT In March In a command economy, the government decides what numbers it wants, and then instructs its economists and government agencies to arrive at those numbers.

Obamacare: Taxing The American People Into Oblivion H.R. 3590, The Patient Protection and Affordable Care Act, to give it its full title, is rammed full of tax increases which will further economically cripple Americans already laboring under the worst financial crisis since the great depression. Federal Reserve Power Grab Bill Moves to Senate Kurt Nimmo | A 13-10 vote will now send the bill to the Senate floor where it will be debated by members of the Bankster Party. The Cost Of Defying Obamacare: $2,250 a Month And IRS Goons Pointing Guns At Your Family | 16,500 new tax collectors with “combat training” and pump action shotguns will enforce “the change we seek.” 20 Ways ObamaCare Will Take Away Our Freedoms FireAndreaMitchell.com | A few examples of how the law turns us into slaves. Ron Paul: Bill Makes Health-Care System Worse

Rep. Ron Paul weighs in on the impact of health-care legislation. Kerry Exploits Obamacare Passage to Propose Carbon Tax Kurt Nimmo | Kerry has teamed up with Lindsey Graham and Joseph Lieberman in an effort to foist a carbon tax scheme on the American people.

In Mexico, 13 killed in Acapulco area, 11 others elsewhere in Guerrero | At least 13 people were killed Saturday, some of them beheaded, around the popular beach resort of Acapulco, just as foreign visitors have begun arriving for spring break.

3-22-10

“Passage Of The Healthcare Bill Means The Double-Dip Is Coming” – Market Insight From Permabull Jim Cramer Who Just Turned Bearish Jim Cramer may be in hot water with the SEC over his theStreet.com, and he may be a mouthpiece for the biggest ponzi enabling organization the developed world has ever seen, however, he did have some interesting and spot-on observations on the just passed health care bill. Danger! Falling home prices Underemployment At Record 20% According To Gallup Zero Hedge | Unlike the Dept of Labor’s arcane voodoo which lately is based more on executive confidential memos and snowfall observations, Gallup’s underemployment measure is based on more than 20,000 phone interviews.

There’s Going To Be Hyperinflation, Inflation Is Going To Be Huge

Dodd wants criminal probe of Lehman ‘manipulation’ A senior US senator urged Attorney General Eric Holder Friday to create a task force to investigate criminal conduct behind the collapse of Wall Street giant Lehman Brothers and pervasive on wall street. 7 more US banks close amid financial woes Seven more banks have been shut down in the United States, bringing the number of bank failures there to 37 so far this year amid unemployment and bad debts.

Seeking Alpha/Tradermark/Ritholtz “… Yes, there is an insanity to the markets that can make you mad if you let it. Instead, learn to see the delightful absurdity of it all. Revel in the stupidity, learn to read when the "wisdom of the crowd" turns into an angry mob. Find some Zen in the foolishness of others. Step back and look for the variant perception ... Consider this was an issue from 1996 or '97 until the collapse in 2000, and from 2005 to the collapse in 2008-09 …”

Danger! Falling home prices http://money.cnn.com/magazines/moneymag/moneymag_realestate/2010/snapshots/1.html

China denounces Google 'US ties' I am against internet censorship, unequivocally, with very few exceptions; however, Google’s links to the NSA would put them in the precarious position of a less than unbiased operative with who knows what leverage / threat held over their heads, particularly in the eyes of an envied, successful nation as China whose position owing to NSA links is understandable and rational owing to what the u.s. does as opposed to what they say.

Rush Limbaugh Backs Out of His Promise to Move to Costa Rica ... Mar 22, 2010 ... On his radio show today Rush Limbaugh backed out of his promise to leave the country and move to Costa Rica if health care reform passed. ... thereby eliminating the very raison d’etre and substantial incentive which drove the passage of the bill. What a blowhard! www.politicususa.com/en/limbaugh-costa-rica

Virginia Calls Health Bill Unconstitutional, Files Suit Steve Watson | Attorney General: “At no time in our history has the government mandated its citizens buy a good or service.” Obamacare: Culling the Baby Boomers Kurt Nimmo | Obama administration legislation is designed to realize the elite’s Brave New World where seniors and Baby Boomers will be sent to swim in what amounts to the Carousel in Logan’s Run. Police State 4 and Invisible Empire: The Trailers Infowars.com | View the trailers of these two new and important documentaries. Obamacare To Cost American Families $15,200 A Year The U.S. House of Representatives voted 219-212 on Sunday night to socialize health care in the United States, making the government the paymaster of, and giving it sweeping regulatory authority over, the U.S. health care industry which represents one-sixth of the U.S. economy. Health Care Legislation: Here Come the Lawsuits Health Care Mandate to Be Enforced by IRS ‘Bounty Hunters’ Ron Paul: IRS Will Steal More Money To Fund Health Care Texas Congressman Ron Paul warns that last night’s passage of the health care reform bill will prompt the government to hire thousands of new IRS agents who will be used to steal money from taxpaying Americans to fund the new program.

House approves historic health-care overhaul Obamacare: It’s About Enriching Bankers and Wall Street Kurt Nimmo | All the highfalutin rhetoric espoused by Obama and the Democrats is nothing more than hot air on the road to serfdom. Synagogue Bomb Plot Directed by Federal Provocateur Kurt Nimmo | The FBI has a long history of employing dirty tricks to entrap and discredit Americans. John Yoo Says War Could be Used to Strike “Suspected Enemies” with Drones Inside U.S. America 20xy | “The government can’t shoot missiles at whoever it wants anywhere.” False Flag Imminent? Kurt Nimmo | Email warns of elevated security levels on military bases prior to large terror drill. Corporate Media Calls Obamacare Opponents Racist, Homophobic Infowars.com | Instead of covering the principled opposition the corporate media concentrated on racial slurs made by a few protestors. If Republicans Think Going Into Iraq Was a Mistake, Why Are We Still There? Kurt Nimmo | A scant 2,500 people protested against the war in Iraq on the seventh anniversary of the invasion. Dems Strong-arm Holdouts, Ready Passage of Obamacare Obama Urges Senators to Drastically Expand Fed Power Stephen C. Webster | “These reforms are essential,” Obama said in his weekly radio address. Out: Deem and Pass; In: Executive Order on abortion Health care reform is like a bad Norse Saga – excruciatingly endless, filled with the names of people we’re not familiar with, and ultimately doomed to tragedy. Breaking: “Fix” Bill May Not Advance In Senate “Since Senate Democrats refuse to meet with us and the Parliamentarian, we’ve informed our colleagues in the House that we believe the bill they’re now considering violates the clear language of Section 310g of the Congressional Budget Act, and the entire reconciliation bill is subject to a point of order and rejection in the Senate should it pass the House.” 16,500 more IRS agents needed to enforce Obamacare New tax mandates and penalties included in Obamacare will cause the greatest expansion of the Internal Revenue Service since World War II, according to a release from Rep. Kevin Brady, R-Texas.

Venezuela's Chavez rules out Internet controls (AP) Venezuela's Chavez: "I'm pro-Internet" (Reuters)

Minister: China may report trade deficit in March (AP) - AP - China could report a trade deficit in March, the country's commerce minister said Sunday as he rejected U.S. pressure to ease currency controls and blamed Washington for the Sino-U.S. trade gap. China won’t turn blind eye to possible US sanctions The Chinese commerce minister says Beijing will respond to Washington should the US decide to impose sanctions on the Chinese currency, the Yuan.

F-35 fighter fleet's price may be double forecast

Nevada wild-horse roundup death toll rises (AP)

Thousands rally against Prime Minister Vladimir Putin MOSCOW: Russian police broke up an opposition demonstration in Moscow on Saturday, one of around 50 rallies across the country with thousands protesting falling living standards under Prime Minister Vladimir Putin.

3-19-10

Federal Reserve Must Disclose Bank Bailout Records Bloomberg | The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest U.S. government bailout ever, a federal appeals court said. Celente: The Stimulus Game is Up Russia Today | Nothing the government does will prevent the crash of 2010.

Obama, Congress, and Treason Against the Constitution Kurt Nimmo | It is now official — the Constitution is dead. It may as well be used to wrap fish. Biden: “We’re Going To Control The Insurance Companies” Bernanke footnote: Fed wants end to ‘minimum reserve requirements’

Police State 4: The Rise of FEMA Infowars.com | The United States is now recognized globally as one of the most oppressive police states on earth. And it’s only getting worse.

Washington Times Editorial: Impeach the President? Mr. Obama is willing to devour his presidency, his party’s congressional majority and – most disturbing – our democratic institutional safeguards to enact it. He is a reckless ideologue who is willing to sacrifice the country’s stability in pursuit of a socialist utopia.

Siberian tigers "starved to death" in Chinese Zoo If such could happen, it would reflect a lack of progress and that things are worse in China than reported and which could be used as propaganda to detract from China’s substantial success and so transfer to open preserves is more a favorable alternative.

Putting a price on Afghan life AlJazeera | In Afghanistan, if foreign troops kill an innocent civilian by accident, families may receive compensations of around $2,500.

Peace impossible because of Netanyahu’s policies: Assad

Putin Says Iran’s Nuke Plant Should Be On Line by Summer Fox News | Russia has been helping Iran build the plant in the southern city of Bushehr since the mid-90s but its launch has been marred by a series of delays and setbacks.

Expect a False Flag Terror Attack To Precede Invasion Of Iran Paul Craig Roberts | The U.S. population, it seems, is comprised of naifs whose lack of comprehension is bringing ruin to other lands.

Corporate Media Hypes “Homegrown” Threat of Patsies, Dupes, and Mental Deficients Kurt Nimmo | Is a false flag terror attack in the works?

Department of Homeland Security’s Mobile Precrime Modules Kurt Nimmo | The DHS is not creating this technology in order for it to sit in a government warehouse. Pre-Crime Policing Radley Balko | Allegedly “disgruntled” man has his guns seized, and “voluntarily” surrenders to two SWAT teams and dozens of police officers for a crime that hadn’t been committed.

Paper: Defense official ran private spy operation A US official identified as Michael Furlong organized a network of private contractors in Afghanistan and Pakistan with the purpose of finding and killing suspected Islamic militants, The New York Times reported Monday.

3-18-10

Discouraging Undertone in Non-Farm Payrolls greenspan Claims he and Fed accidently on purpose “Failed to Grasp” Magnitude of Housing Bubble Now Bernanke Wants To Eliminate Reserve Requirements Completely … Sounds like plan! … Riiiiight!_ Traders’ Cell Phones Would Be Recorded Under FSA Plan Walgreens: no new Medicaid patients as of April 16 100,000 civilian federal employees owe the IRS $962 million in back taxes

Why Did Kucinich Cave In To Obama? FreeSociety | Did Obama’s unconstitutional wiretapping program create or fabricate some embarrassing family story or personal smear?

Pentagon Sees a Threat From Online Muckrakers New York Times | To the list of the enemies threatening the security of the United States, the Pentagon has added WikiLeaks.org, but forgot to look in the mirror for the real national threat. Contractors Tied to Effort to Track and Kill “Militants” New York Times | It is generally considered illegal for the military to hire contractors to act as covert spies. Colbert Skit Characterizes Census Paranoia as Right-Wing Kookery Stephen Colbert’s satirical slap down of paranoia surrounding the 2010 Census on his Comedy Central show last night may have been funny, but only for the ignorant, since most of the issues he mocked are verifiably true and a serious concern for any American who cares about their privacy. Huff and Puff Post’s Ventura Censorship Backfires TPM | As far as genuine news goes the huffington Post has some bizarre standards. Show Some Courage! Jesse Ventura Challenges Bill O’Reilly to an Interview Ventura talks about how Fox News refuse to have him on to talk about his new book. “O’Reilly won’t have me on because he can’t bully me and he knows it,” says Ventura, challenging O’Reilly to a debate.

100,000 civilian federal employees owe the IRS $962 million in back taxes ABC News | Rep. Jason Chaffetz has introduced a bill that calls for the federal government to “ferret out” civilian employees who have “seriously delinquent tax debt” and prevent the hiring of other tax delinquents. Idaho challenges national health care proposal; more states may follow Idaho on Wednesday became the first state to pass a law saying no thanks to part of President Obama’s health care proposal. Congress Democrats Plot Against Constitution and Bill of Rights in Meeting Infowars.com | Sometimes even Glenn Beck gets it right. Pelosi Tactic for Health-Care Vote Would Raise Legal Questions House Speaker Nancy Pelosi may be creating new grounds for a court challenge to the proposed U.S. health-care overhaul as she considers using a mechanism that would avoid a vote on the full legislation.

3-17-10

It is noteworthy that no mainstream, nor ‘internet mainstream’, news report / disseminator picked up the following bank closures which, though predictably consistent with a regularity that some may find tedious, is a particularly important piece of economic data since many more financial institutions already satisfy the closure criteria and the change in FASB rule to mark to anything valuation of toxic assets / securities exacerbates this reality.

BANK FAILURE FRIDAY 3-12-10 (4 MORE)

Submitted by Live_Free_Or_Die on Sat, 03/13/2010 - 01:26

Statewide Bank Covington LA
Old Southern Bank Orlando FL
The Park Avenue Bank New York NY

One was actually closed on 3-11-10:

LibertyPointe Bank New York NY

http://www.fdic.gov/bank/individual/failed/banklist.html

REGULATORS SHUT BANKS IN NY, FLORIDA, LOUISIANA

Published: 3/12/10, 6:46 PM EDT
By STEPHEN BERNARD

NEW YORK (AP) - Regulators on Friday shut down banks in New York, Florida and Louisiana, raising to 30 the number of failures this year of federally insured banks.

The Federal Deposit Insurance Corp. was appointed receiver of Park Avenue Bank in New York, Old Southern Bank in Orlando, Fla. and Statewide Bank in Covington, La.

Park Avenue Bank had $520.1 million in assets and $494.5 million in deposits as of Dec. 31…

A Constitutional Dollar Michael Rozeff | Are you aware that a Federal Reserve dollar bill is not a constitutional dollar? Jim Rogers Sizes Up Two Global Bubbles The euro is unlikely to still exist as a currency over the longer term, the pound will fall substantially in the next few years and US Treasuries, u.s. real estate, global real estate, some China real estate, stocks, etc..

Kucinich Kisses the Ring as Obama Deceptively Sells Totalitarian Care in Ohio Kurt Nimmo | Should we ever trust Dennis Kucinich again? I think not. Kucinich Sells Out On Health Care After Ride In Air Force One Steve Watson | “When the President of the United States wants to have a conversation with you, you take that seriously.” CNN’s Cafferty: ‘Beyond Sleezy’ for Pelosi to Use Procedural Tactic on Health Bill “Politically speaking, this is beyond sleazy. It’s meant to protect Democrats – especially those up for re-election in November – from having to make a tough vote. Pelosi says of this process, ‘I like it… because people don’t have to vote on the Senate bill.’ In Nancy Pelosi’s world, accountability is a dirty word.”

Government Warned 9/11 Commission ‘Not To Cross The Line’ The 911 Cat is out of the bag Ventura: ‘You’re not allowed to ask’ about 9/11 Muriel Kane | Three pages of comments were posted during the couple of hours before the (joke by any standard) huffington huff and puff post deleted Ventura’s post on 9/11. Government Warned 9/11 Commission ‘Not To Cross The Line’ Documents recently obtained by the ACLU show that the government warned the 9/11 Commission against getting to the bottom of the September 11 terror attacks in a letter signed by Attorney General John Ashcroft, Defense Secretary Donald H. Rumsfeld and CIA Director George J. Tenet.

News Reports On Possible Iran Attack Pick Up Momentum Kurt Nimmo | Hundreds of U.S. bunker buster bombs have been delivered to the island of Diego Garcia in the Indian Ocean in preparation for a possible attack on Iran.

3-16-10

Housing construction drops 5.9 pct in February…Stocks rally on the heartening news or stated another way … on b s* alone (AP)* Obama Aides See Jobless Rate Elevated for ‘Extended Period’ Housing Market Sure to Double-Dip: Whitney The US housing market will face another retreat while mortgage-backed securities and Treasurys are likely to go through a “material” correction, Meredith Whitney, CEO of Meredith Whitney Advisory Group, told CNBC Tuesday.

More Retirement Disasters Nilus Mattive | According to the Employee Benefit Research Institute’s 2010 Retirement Confidence Survey, a whopping 43 percent of American workers said they have less than $10,000 in retirement savings. U.S., U.K. Move Closer to Losing Rating, Moody’s Says Bloomberg | The U.S. and the U.K. have moved “substantially” closer to losing their AAA credit ratings as the cost of servicing their debt rose, according to Moody’s Investors Service. Fox gets to guard henhouse as fed gets new oversight powers under Dodd bill Reuters | The Federal Reserve would win sweeping new powers over nonbank financial firms and keep much of its authority over banks, under revised legislation to be unveiled on Monday.

Dopamine, Wall Street and the Financial Meltdown Neuroscientists have known for many years that the neurotransmitter dopamine plays a major role in drug addiction.

Invisible Empire: All Conspiracy, No Theory John McCain’s Attack On Liberty Top Ratings Agency Warns Austerity Riots Could Hit America

FOIA Review: More Government Secrecy Under Obama Than Bush An Associated Press review of Freedom of Information Act reports filed by 17 major government agencies has revealed that, despite Barack Obama’s promise to make government more transparent, more information is now being withheld from the public. Pelosi Readies “Self-executing” Fascism to Force Obamacare on Americans. What can you expect from a typical guinea facista?_Don’t forget her support for moron war criminal bush and his war crimes___ In January, a measley 36 percent of Americans approved of Obama’s health care “reforms” while fifty-four percent disapproved. “Many see the health care legislation as an inappropriate federal power grab,” writes Carrie Lukas for The Daily Caller this morning. Pelosi: ‘Once we kick through this door,’ more reform will follow If you have any doubt that the Democratic leadership of the House views passing the current health care reform bill as the beginning, not the end, of the process of creating a national government health care system, just note what Speaker Nancy Pelosi told a group of bloggers on Monday.

In Bizarre, Soviet-Style Move, White House Threatens to Veto Intelligence Budget Unless FBI’s Anthrax Frame Up Is Accepted In a bizarre, Soviet-style move, the White House has threatened to veto the intelligence budget unless everyone accepts the FBI frame up of Dr. Bruce Ivins.

Shameful Anti-Free Speech Lobby Labels Questioning Government “Hate” Shameful Zionist propaganda lobby group The Simon Wiesenthal Center led by atheist ellie wiesenthal has issued a report which smears people who question government as racists and terrorists

To War, to War, despite america’s Defacto Bankruptcy and War Criminal Nation Status, america’s Going to War — with Iran David Kramer | It seems that the United States has shipped 387 “Blu” bombs to a U.S. military base on the island of Diego Garcia in the Indian Ocean. Report says US Is Preparing to Attack Iran Western media report a US secret plan to move massive amount of weaponry close to Iran for carrying out multiple strikes against Iranian nuclear facilities.

Kucinich in Obama’s crosshairs Barack Obama threatens to withdraw support from wavering Democrats which might wind up being a good thing __ Obama Approval Rating Hits New Record Low

Department of Homeland Security’s Mobile Precrime Modules Kurt Nimmo | The DHS is not creating this technology in order for it to sit in a government warehouse.

Paper: Defense official ran private spy operation A US official identified as Michael Furlong organized a network of private contractors in Afghanistan and Pakistan with the purpose of finding and killing suspected Islamic militants, The New York Times reported Monday.

3-15-10

The Video That Will Put Geithner Behind Bars Mike Whitney | It’s clear that Geithner acted as the “chief facilitator” of industrial scale securities flim-flam which led directly to the Great Crash of ‘08. British law firm ‘conspired’ to hide $50bn debts of Wall St giant A top British law firm helped stricken banking giant Lehman Brothers hide its debts in the run-up to the bank’s collapse, a report said yesterday. US Federal Reserve Dealing in Magic and Secrets The dramatic and costly undertow of deflation continues unabated, as government via fiscal policy and the Federal Reserve, by creating money and credit out of thin air, proceed to overpower this deflation with massive inflation. Justice or ‘Just US’? Gerald Celente on Wall St. Mafia Economic Trend Forecaster Gerald Celente says that, whatever Europe does, there will still be shady Wall Street deals.

Conyers’ Wife Gets 37 Months in Bribery Case Jon Christian Ryter | She pleaded guilty to conspiracy, expecting to get a slap on the wrist, probation or, at worst, community service.

Mayor Of Detroit’s Radical Plan To Bulldoze One Quarter Of The City Business Insider | Faced with a 300 million dollar budget deficit and a rapidly dwindling tax base, Detroit finds itself having to make some really hard choices. States Freeze Tax Refunds | States from New York to Hawaii that have been hard-hit by the economic downturn say they have either delayed refunds or are considering doing so because of budget shortfalls. IRS visits Sacramento carwash in pursuit of 4 cents The really odd part of this: The letter that was hand-delivered to Zeff’s on-site manager showed the amount of money owed to the feds was … 4 cents.

Venezuela’s Chavez calls for internet controls Reuters | Chavez, who is criticized by media freedom groups, called on Saturday for regulation of the Internet. `Venezuela murder-rate quadrupled under Chavez... Two Murders an Hour...`

Jihad Jamie: Corporate Media Hypes Another Blond Terrorist Kurt Nimmo | The government will need to come up with terrorists who are not so obviously mentally or emotionally disturbed in order to sell us on an interminable war on terrorism. “JihadJane” was laughable, Web watchers say Philadelphia Inquirer | For years, “JihadJane” had been a joke to those who kept tabs on her online.

2 Americans killed in drive-by shooting in Mexico (AP)

Story on Mystery Substance Distracts from Fact Fluoride is a Deadly Killer Kurt Nimmo | News report accepts without question government claim fluoride is safe. Economy Kept On Life Support While Global Governance Is Organized The illusion of U.S. recovery seems to be paramount in the plan for Globalist centralization.

Princess Diana book claims her driver was framed A raft of alleged inconsistencies in the evidence surrounding the death of Diana, Princess of Wales, has been published in a book by an investigative journalist. Jesse Ventura: I Will Never Commit Suicide In light of the alleged “suicides” of prominent people who have gone up against the establishment in recent years, former Minnesota Governor Jesse Ventura, who has been trailblazing across establishment media in recent weeks exposing the 9/11 cover-up, firmly stated on the Alex Jones Show that he would never commit suicide.

George Soros Conspires with United Nations to Kill Second Amendment In the video below, we learn that Rebecca Peters, director of of the International Action Network on Small Arms (IANSA), is working with the United Nations and governments around the world to grab guns. Peters and IANSA are funded by the globalist George Soros.

3-12-10

Wall Street Lobbyists Spend $400 Million to Kill Financial Reforms & Destroy America Paul B Farrell | Wall Street’s control America is a drama right out of a Scorsese film about the mafia and crime in New York. FBI: Cyberfraud Losses Doubled in 2009 Summary Box: Lehman found to use artifice. Artifice? Is that what they’re calling fraud these days? But only when it’s massive wall street securities / securities related fraud, along the lines of the too big to fail, too big to prosecute theories which have worked well for perpetrators but for the nation, world and the people thereof, not so much! (AP) NY Fed Under Geithner Implicated in Lehman Accounting Fraud Naked Capitalism | It also emerges that the NY Fed, and thus Timothy Geithner, were derelict in the performance of their duties, and may well be culpable in aiding and abetting Lehman in accounting fraud and Sarbox violations.

Lehman Fraudulently Cooked Its Books, Accounting Giant Ernst & Young Helped, Geithner and Bernanke Winked and Slapped Them on the Back As William K. Black said a year ago, the government’s entire strategy now – as in the S&L crisis – is to cover up how bad things are (”the entire strategy is to keep people from getting the facts”). NY Fed Under Geithner Implicated in Lehman Accounting Fraud Quite a few observers, including this writer, have been stunned and frustrated at the refusal to investigate what was almost certain accounting fraud at Lehman Ron Paul Says Giving Fed More Power `Makes No Sense’ Detroit family homes sell for just $10 Why the U.S. can’t inflate its way out of debt

Editorial: Fraud at Lehman

All our wars are down to Arab-Israeli conflict, says Hariri BEIRUT: The failure of the international community to solve the Israeli-Palestinian conflict is at the heart of Lebanon's tense relationship with the Jewish state, which is seeking a pretext to strike against the country, Lebanese Prime Minister Saad Hariri told DPA in an exclusive interview on Friday.

Al-Qaida suspect from NEW JERSEY worked at 6 nuke plants (AP)

Obama Supports a National DNA Database Kurt Nimmo | Obama tells John Walsh he supports a national DNA database of all arrested Americans. Deluded Obama Coffee Party Says Government is the Will of the People Kurt Nimmo | Obama front group announces “National Coffee Party Day” to express its “collective will.” Black and White Homegrown al-Qaeda Kurt Nimmo | In addition to creating the specter of homegrown terrorism, the corporate media has launched a campaign to demonize the internet as a medium that facilitates terrorism. An Excuse Is Finally Found To Blame The Underwear Bomber on the Internet The Internet allowed extremists to contact, recruit, train and equip the suspect responsible for the attempted Flight 253 bombing on Christmas Day “within weeks,” a top Pentagon official told lawmakers Wednesday. 20 Signs That The United States Is Rapidly Becoming A Totalitarian Big Brother Police State The End Of The World | In the name of “security” all kinds of bizarre proposals have been implemented on the local, state and national levels.

Nato ‘covered up’ botched night raid in Afghanistan that killed five A night raid carried out by US and Afghan gunmen led to the deaths of two pregnant women, a teenage girl and two local officials in an atrocity which Nato then tried to cover up, survivors have told The Times. Afghans ask US court: “Why are we in prison?” NATO waging undeclared war on Russia: Moscow Moscow says the United States and NATO’s inaction in fighting drug trafficking in Afghanistan, translates into an “undeclared war” against Russia.

Euro zone agrees bailout for Greece The euro zone has agreed a multi-billion euro bailout for heavily indebted Greece as part of a package to support the euro, the Guardian newspaper reported on Saturday.

Government Internet Censorship Begins In Stealth In New Zealand Which Makes Such A Nation Highly Suspect And An Undesirable Destination__

3-11-10

The wall street journal | More news from the Orwellian Bizarro world: War is Peace, 2 + 2 = 6.

US budget deficit hits record high in February The US government registered a record budget deficit in February, the 17th consecutive month of running in the red, the Treasury said Wednesday. Citizens Of Illinois Get Slapped With Staggering 33% Income Tax Hike To Fill Deficit Canadian dollar likely to exceed US greenback: experts `Unemployment tops 20% in eight California counties...` `Mass school closures approved in Kansas City...`

Why Italy faces a derivatives time bomb Reuters | Financial markets are gripped by the role derivatives have played in Greece’s debt crisis, but Italy also has a derivatives time bomb, and hundreds of cities are in the €24-billion blast zone. Government workers feel no economic pain | Compensation for state and local government employees continued to easily outdistance the wages and benefits for workers in private business. Jesse Ventura on The View 03 10 2010 – Gulf of Tonkin, Pat Tillman , JFK, WTC-7 and 911 Jesse Ventura was on The View yesterday. The same tired comment was brought up: “why would our government do that” in regard to the 9/11 attacks. Jesse does his best but they ultimately “soundbite” him. I guess these overpaid ladies have never read army field manuals, the PNAC report, Operation Northwoods, or even know anything about history such as Gulf of Tonkin, Pearl Harbor and so on.

Brown Tries to Turn Double-Dip U.K. Threat to Benefit Gordon Brown is trying to turn the threat of a double-dip U.K. recession into an advantage. Use Cash And Enjoy Privacy? You’re A Terrorist

A new government commercial currently running on one of Britain’s most popular radio stations is selling one thing – fear – by encouraging Londoners to report their neighbors as terrorists if they use cash, enjoy their privacy, or even close their curtains. Strike Paralyzes Greece; Protests Turn Violent Greek public and private sector workers went on strike on Thursday, grounding flights, shutting schools and halting public transport in the second nationwide walkout in two weeks in protest against austerity plans. Pondering Our Collapse While We Watch Others Fall Every important factor we see is working against the dollar and we believe that trend is irreversible. That means the present dollar rally probably cannot endure and it could well be the time to short the USDX.

80% Say Internet Access A Right -- Internet -- InformationWeek

3-10-10

6 Theories On Why the Stock Market Has Rallied [archived website file] There are at least 6 theories about why the stock market has rallied some 70% off its lows a year ago, even though nothing has been done to actually address the root causes of the financial crisis. Treasury Plans to Take Social Security from Elderly for Unpaid Loans Wall Street Journal | Treasury Department data shows that Social Security recipients comprise a large and growing percentage of people from whom the Treasury recovers debts. Riots in Athens as thousands protest against cutbacks London Evening Standard | Inside parliament, politicians were debating the €4.8 billion (£4.33 billion) austerity bill, which is expected to pass despite strong opposition. U.S. Taxpayers on Hook for $5 Trillion of Fannie, Freddie Debt… No Matter What Barney Frank Says Aaron Task | House Financial Services Chairman Barney Frank caused a bit of an uproar Friday when he suggested the U.S. government does not guarantee the debts of Fannie Mae and Freddie Mac. Stop the Federal Reserve From Shredding Its Records

Russia Today: 9/11 truthers find home in New Hampshire Russia Today | 9/11 is on the ballot this spring in 12 towns in New Hampshire. People throughout the region are encouraging their neighbors to “vote for answers.” Internet access is ‘a fundamental right’

Neocon Bloggers Celebrate Indictment of “Crazy” Patsy Jihad Jane Kurt Nimmo | Jihad Jane is a near perfect patsy for a government eager to extend indefinitely the phony GWOT against the mirage of cave-dwelling terrorists who are said to have relocated to Anywhereville, USA. Senate Accuses Drudge Report of Spreading Computer Malware Kurt Nimmo | The Senate accusation coincides with the Obama administration’s release of Comprehensive National Cybersecurity Initiative. Perversion Is Fine, So Long As You’re In A Position Of Authority | Schools can install cameras in bathrooms and spy on kids via laptops, but parents treated as pedophiles for taking innocent photographs of their own children. Announcing the Birth Of The Real Coffee Party | Waking up America to the futility and the danger of the contrived left-right political paradigm.

Obama Approval Rating Hits New Record Low The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 22% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as President.

Saakashvili pays US firms to lobby for him in Washington Tbilisi has signed a contract with an influential US lobbying firm, the Podesta Group. Thanks to its efforts, President Saakashvili will reportedly pay his first visit to the US since Barack Obama’s election. Washington Post Omits Fact That Saddam’s Nuke Salesman Was Protected By U.S. Government David Griffin: 9/11 Was a Hoax Dr. David Ray Griffin, professor and author of ‘The New Pearl Harbor Revisited’, believes 9/11 was an inside job.

Minority births on track to outnumber white births (AP)

Law bars Myanmar's Aung San Suu Kyi from elections (AP)

Differences Emerging Between Israel And US Over Iran Philadelphia Bulletin | The intelligence communities of Israel and the United States differ over Iran’s progress toward nuclear weapons.

New wrinkle in Joe Biden agenda: 1,600 units in Israeli settlement

Moviegoer is stabbed after complaining about cellphone user

3-9-10

`99 weeks of 'unemployment payments'...` Washington Post Are unemployment benefits no longer temporary? | About 11.4 million out-of-work people now collect unemployment compensation, at a cost of $10 billion a month. Failed Banks May Get Pension-Fund Backing as FDIC Seeks Cash Bloomberg | The Federal Deposit Insurance Corp. is trying to encourage public retirement funds that control more than $2 trillion to buy all or part of failed lenders. Program to pay homeowners to sell at a loss New York Times | Obama administration throws good money after bad. Banking Propaganda and Using the American Middle Class as a Credit Card for Wall Street Excess Stiglitz: The Fed Is Corrupt And Dominated By Big Banks Joseph Stiglitz explained to Maria Bartiromo why he thinks the Fed is desperately in need of reform. Basically, it comes down to the influence the banks have in selecting the Fed chairman. Are Traders Demanding US Credit Default Swaps Payable in Gold? If another author had said this I might not pay it so much attention. Lately some have been given over to a tabloid approach to overstatement and sensational headlines to attract attention. Geithner: ‘We Saved the Economy, But We Kind of Lost the Public Doing It’ | Me: We Can Save the Economy, But Only If We Kind of Lose Geithner We can save the economy, but only if we kind of lose Geithner. Detroit’s desolate middle makes downsizing tough Mayor Dave Bing is committed to downsizing Detroit, but experts say his emerging plan must confront a difficult challenge: The most vibrant areas of the city also are farthest from downtown.

Infowars.com and Prisonplanet.com Websites Under Massive And Sustained Attack | Zombie computers worldwide launch denial of service assault on flagship Internet freedom websites Infowars and Prisonplanet Websites Under Massive And Sustained Attack Infowars.com and Prisonplanet.com websites were assaulted by a massive, organized and sustained attack today which is still ongoing as zombie computers around the world were used to launch a denial of service attack which is undoubtedly related to our ongoing efforts to expose the government’s Cybersecurity agenda as the gargantuan threat to Internet freedom it represents. Huffington Post Kills Jesse Ventura’s Piece On 9/11 – huffington is all huff and puff … even her marriage was a lie … she’s a joke as is her entertainment site! _ 911 Truth on ABC News Nightline Chris Bury of ABC News attempts to construct a hit piece on 9/11 Truth and fails. The Washington Post on ‘lunatic’ 9/11 ‘conspiracy theorists’ An editorial in the Washington Post yesterday slammed Japanese member of parliament Yukihisa Fujita because he “seems to think that America’s rendering of the events of Sept. 11, 2001, is a gigantic hoax.” His “ideas” about the terrorist attacks “are too bizarre, half-baked and intellectually bogus to merit serious discussion.”

Kucinich Will Vote To Kill Government Run Health Care Democratic Congressman Dennis Kucinich has stated that he is willing to effectively kill the government run health care bill by voting against the party line and sticking to his own principles.

3-8-10

Net Insider Transactions Cycle Back to Selling How Have U.S. Stocks Defied Gravity for So Long? Fed To Keep Their Obfuscating Oversight Over Banks_ The Magic Disappearing Act of American Jobs Jobless Rate Actually Stands at 11.5%: Roach The true unemployment rate in the United States is actually higher than we think — at 11.5 percent, said Stephen Roach, Asia chairman of Morgan Stanley. White Schools Bernanke on Basic Economics William White – former head BIS economist, currently chair of the OECD’s Economic and Development Review Committee – is again schooling Ben Bernanke on economic fundamentals.

Massa resigns; Democrats' ethical lapses could threaten hold on power Washington Post - Perry Bacon Jr - Congressional Democrats reclaimed control of Congress in 2006 by pledging to "drain the swamp" after Republican ethics scandals rocked Capitol Hill. Those roman italians, remnants of a fallen empire they love their cornholin’ …; and, there’s angelo (guido) balducci holding up his end, so to speak, at the Vatican… New Sex Scandal Rocks Vatican (CBS) The Vatican is facing allegations that one of Pope Benedict's ceremonial ushers, as well as a member of the Vatican choir, were involved in a gay prostitution ring. "The latest shadow on the church's image," reports CBS News Correspondent Richard Roth, "comes from leaked police reports (on) wiretaps in a separate corruption case. The Vatican wasn't a target, but it's taken a hit." The recordings, according to Italian press, reveal Angelo (Guido) Balducci, an Italian executive who's been a Gentleman of his Holiness -- the elite group of black-suited men who serve the pope in unpaid roles as ushers -- negotiating with the 29-year-olf Nigerian Vatican choir member for the services of male prostitutes, as part of the larger prostitution ring. Balducci is under arrest… Vatican Prostitution Scandal Emerges Examiner.com - Police uncovered the scandal during a wire tap related to another matter. Since the allegations of sexual abuse by members of the Catholic clergy became ... Wal-Mart $12M Lawsuit, Gay Sex Scandal at Vatican & Obama on 'Most Wanted' Post Chronicle - Jim Brogan - ‎12 hours ago‎ ... A ceremonial usher is involved in gay sex and prostitution ring scandal at the Vatican and President Obama appears in 1000th episode of 'America's Most ... Lawyer: Leak of sex claims against Italian official is 'shameful' CNN International Vatican Latest sex scandal Only Kent (blog) Vatican City Gay Scandal 2010 Island Crisis (blog) Video: Massa will resign facing ethics inquiry WIVB Video: Massa will resign facing ethics inquiry WIVB Analysis: Massa's exit gives GOP a boost Ithaca Journal

Jason Bermas on Russia Today: New world order put on trial Russia Today | There is a new film that seeks to put the structure of power on trial. Radio host and filmmaker Jason Bermas is behind this new movie ‘Invisible Empire: A new world order defined.’

Infowars Covers Upcoming Hit Piece Planned by SPLC | Infowars also breaks down upcoming attacks on the liberties of Americans through a bill introduced by John McCain and Joe Lieberman

3-5-10

State's unemployment rate hits 12.5 percent San Jose Mercury News - Pete Carey - California's unemployment rate jumped to its highest level in more than three decades in January, but the trends in state and national reports released Friday appear to be improving. Employers shed jobs in February, but upward trend continues MiamiHerald.com Calif. jobless rate rises to 12.5 percent in Jan. Regulators close banks in four states Reuters - Doug Palmer, Gary Hill - WASHINGTON (Reuters) - US bank regulators closed four banks in as many states on Friday, bringing the number of failures so far this year to 26 as deteriorating loans continued taking a toll on financial institutions. `Banks closed in FL, IL, MD, UT...` Four US Banks Shut Down as Failure Count This Year Reaches 26 BusinessWeek Read Heartland Bank's full statement Bloomington Pantagraph

3-4-10

Move's 4Q loss deepen amid real estate woes (AP) Wall Street rallies late on retail sales, discounted many times before in the rally bubble, even with the accounting tricks now amazingly sanctioned by the FASB with a strong-arming from washington / fraudulent wall street (Reuters) Xinhua: China expects 8 percent growth this year (AP) Normalized Employment: The Real Employment Story Some fund firms lost investors big money Gold To Soar Against Depreciating Currencies Prison Planet.com | Precious metal hits record against Sterling and Euro as continuing financial crisis eviscerates value of paper mon A New Reserve Currency A week ago, the head of the International Monetary Fund, Dominique Strauss-Kahn, suggested the global lending organization might be called upon to provide its 186-nation constituency an alternative to the U.S. dollar as a reserve currency… U.S. Economy: Pending Sales of Existing Homes Decline Bloomberg | Fewer Americans than expected signed contracts to purchase previously owned homes in January, indicating the extension of a tax credit is doing little to lure buyers.

SEC Charges ‘Psychic Investor sean david morton’ With Fraud

Fake Shop Fronts Replace Shut Down Businesses Sky News | A smart delicatessen that caters only for window shoppers has sprung up in a Tyneside town after the council decided to put up fake shop fronts to cover empty units.

Neocon Elitist Snob Brooks Calls Tea Party “Wal-Mart Hippies” eBay’s Paypal Locks Down Cryptome’s Account On Monopolist microsoft’s Say-So …Cryptome was briefly removed from the internet after Microsoft filed a Digital Millennium Copyright Act (DMCA) takedown notice late last month. Network Solutions, Cryptome’s site host, said it was following DMCA protocol when it removed Cryptome for posting Microsoft’s Online Services Global Criminal Compliance Handbook. On February 26, eWeek reported that Microsoft withdrew its request to take down Cryptome and the site went back online… Monopolist with Impunity, Incompetent microsoft exec pitches Internet usage tax to pay for cybersecurity programs Barney Frank demands Bernanke probe Fed involvement in Watergate, Iraq arms sales following Ron Paul questions

Leaked documents reveal GOP plan to use scare tactics to raise money (The Newsroom) - The Newsroom - National GOP leaders are doing damage control today after a Politico scoop lifted the curtain on the party's plan to tap voters' "fear" in the coming campaign season…It’s not so much tapping voters’ fear which real and justified; rather it is what they purposefully do or don’t do to create a climate of fear and hence, dependence on government in the most negative and detrimental sense. This applies to both parties which have created unnecessarily an economically and otherwise wasteful war-based-blowback scenario for which both parties shill more government as the solution.

Europe’s New Debt Solution: Create Their Own Ratings Agency That Only Gives Friendly Ratings CNN tells masses that Communism is ‘good for women’ despite China’s nightmare legacy

3-3-10

COMING CRISIS WORSE THAN CURRENT ONE as ECONOMISTS WARN ANOTHER FINANCIAL CRISIS ON THE WAY...‘…Even as many Americans still struggle to recover from the country's worst economic downturn since the Great Depression, another crisis – one that will be even worse than the current one – is looming, according to a new report from a group of leading economists, financiers, and former federal regulators… The report blasts some of Washington's key players. Johnson writes, "Our government leaders have shown little capacity to fix the flaws in our market system." Two other panelists, Simon Johnson, a professor at MIT, and Peter Boone of the Centre for Economic Performance, voiced similar criticisms. Federal Reserve Chairman Ben Bernanke and Treasury Secretary Tim Geithner "oversaw policy as the bubble was inflating," write Johnson and Boone, and "these same men are now designing our 'rescue.'"…’

Wall Street: Obama to Cut Size, Power of Banks

Govt. Bailout Called Failure on Many Counts

Obama Spells out Rebates for Energy Efficiency
Bunning Will Deal on Jobless Pay Extension

EXCLUSIVE: GOP: Obama Mortgage Plan 'Failed'

702 Banks in Trouble, Says Government

ADP: January Job Losses Were Actually TRIPLE What We Thought, And No, We Won’t Blame The Snowicane ADP’s employment report showed 20,000 jobs lost in February, which was in-line with analyst expectations. Thing is, they revised down their January number by a huge margin — to -60,000 from -22,000. Typical b.s., data manipulation, fraud! New ghost towns: Industrial communities teeter on the edge Raise Taxes and Cut Services? Why Not Stop Unneccesary Bailouts, Unnecesary Wars and Unnecessary Interest Costs Instead?

'Volcker rule' targets all financial institutions

NY's Cuomo Is 'Father of Subprime Crisis:' Bove (at CNBC) …"One of the key reasons why [Fannie Mae and Freddie Mac are] bankrupt today, and why the government is spending hundreds of millions of dollars in supporting them, is because of the edicts pushed through by Mr. Cuomo," said Bove, of Rochdale Securities, in a live interview. "It's also thought by many that the hundreds of thousands of people who are losing their homes, are [doing so] to a great degree because of the actions taken by Mr. Cuomo at HUD," Bove added. Cuomo, who was secretary of Housing and Urban Development from 1997 to 2001, has been blamed in some quarters for helping to trigger the financial crisis by pushing Fannie and Freddie to buy more subprime mortgages to increase home ownership among the poor. Many of those homeowners eventually defaulted, and the mortgage-backed securities market later collapsed…” However, in fairness, it should be said that just because he’s in NY does not mean he shouldn’t pursue the perpetrators of a massive securities fraud emanating from the wall street frauds of NY; but the fact is, he hasn’t really done that, and like the hypocritical mental case if not criminal who appointed him, spitzer, is just an opportunist / grandstander who, i.e., you don’t see going after the pervasive organized crime which is alive and well in New York / new jersey.

$7-A-Gallon Gas Needed to Meet Government’s CO2 Cuts Goldman Lists New ‘Risk’: Bad Press

Wall Street Journal | Goldman Sachs Group Inc. (GS) added something new to the laundry list of financial risks it faces: unflattering attention. Riiiiight! … the press, truth, etc., the enemy of any fraud.

Playing the Race Card Against Freedom Loving Americans Kurt Nimmo | The establishment is desperate to discredit the Tea Party movement. NY Times: Global Warming Alarmists Have Taken a Vicious Beating FBI Operative Hal Turner Says Government Urged Him to Make Violent Statements Kurt Nimmo | The feds are desperately trying to prevent Turner from testifying about his role as an FBI “National Security Intelligence” asset.

Muslims Are Their Own Worst Enemy Paul Craig Roberts | As long as Muslims hate and fear one another more than they hate their conquerers, they will remain a vanquished people.

3-2-10

Faber: The Euro Has More To Fall, S&P Could Fall 20% Marc Faber appeared on Bloomberg today to talk stocks and currencies. Not surprisingly, he’s negative on US equities, and though he thinks the euro could rebound in the short-term (because it’s so oversold) he says there’s nothing good about the currency and that it could fall a lot further. Bring Back Glass-Steagall Curbs for Banks: Bogle CNBC | The government should restrict bank actitivities far more than proposed under the so-called Volcker plan, which would prevent banks from investing for their own accounts, according to John Bogle. Gold reaches six-week high Gold Counterfeiting: German TV discovers 500g Tungsten bar from bank

More spin, merger bubble activity helps lift stocks for 3rd day (AP) Naked Credit Default Swaps Are “Like Buying Fire Insurance On Your Neighbor’s House — You Create An Incentive To Burn Down The House and should be banned” Bring Back Glass-Steagall Curbs for Banks: Bogle 15 Years Ago, the Combined Assets of the 6 Biggest Banks Totaled 17% of GDP… By 2006, 55% … Now, 63% Dont Bet on a Recovery ‘…That, in a nutshell, is our government’s plan for economic recovery. Print a bunch of money and give it to consumers to spend. This is not a plan for recovery but a recipe for disaster. Those betting that this program can succeed in putting together a healthy and sustainable economy simply do not understand the nature of their wager. The smart money is going the other way…’

`Economists Warn Another Financial Crisis On the Way...` `New ghost towns: Industrial communities teeter on the edge...`

Cyberwar Scam Designed to Destroy Open Internet Kurt Nimmo | McConnell says the government needs to create a new cyber Cold War, “one complete with the online equivalent of ICBMs and Eisenhower-era, secret-codenamed projects.”

Prognosis 2012: Towards a New World Social Order Global Research | It was always inevitable, on a finite planet, that there would be a limit to economic growth. Finally we have reached the point where the paradigm of perpetual growth can no longer be maintained. European Court Set to Give Public Figures Chance to Gag Press on Damaging Stories House Majority Leader: Greek debt crisis ‘can happen here’

Paul Craig Roberts: US pushing for nuclear war; “leadership” treasonous for duping US into wars `THE BOOK: Rove admits to error on Iraq as Bush strategist...` Obama is a Liar: Illegal Wars, Fraudulent Bailouts, Egregious Assault on Civil Liberties Chris Hedges | We owe Ralph Nader and Cynthia McKinney an apology. They were right about Barack Obama.

Lawyers call for protection from vindictive judges

Dubai asks FBI to investigate terror ties to US Amid ongoing investigation of the terrorist murder of a Hamas commander in Dubai, the UAE police have asked the US Federal Bureau of Investigation (FBI) to look into alleged ties of the suspects to Americans.

Afghanistan bans coverage of attacks, will detain offending journalists

Steady Stream of Drug Money Departs Afghanistan, U.S. Officials Flummoxed Kurt Nimmo | There is a long and sordid history of the CIA and Wall Street dominating the illegal drug addiction and death business.

AP IMPACT: Drug gangs taking over US public lands (AP)

Tsunami sweeps away entire towns on Chilean coast - Earthquakes - S...

Dubai police chief to seek Netanyahu arrest

DRUDGEREPORT: Economists Warn Another Financial Crisis On the Way...
THE BOOK: Rove admits to error on Iraq as Bush strategist...
New ghost towns: Industrial communities teeter on the edge...

IMF CHIEF WANTS NEW GLOBAL CURRENCY

Senator warns of 'financial meltdown' risk...
China postpones military exchanges with USA...

China PLA officer urges challenging U.S. dominance...
Putin: Russia to build new strategic bomber...

Man Attacked, Killed By 'Pet' Bull...

'IT CAME IN WAVES'...
Quake affects millions...

Perfect storm brewing for UN's Panel on Climate Change...

3-1-10

Denninger: Let’s Cut the Crap — We Are in a Depression Right Now Mac Slavo | We have been in that depression for about 18 months and there is no evidence that we will exit it. 2010's Sovereign Debt Crisis vs. 2008's I-Banks: It's Deja Vu All Over Again A Preview of the Stagflation Threat Commercial Real Estate: More Trouble Ahead David Kotok | The largest commercial real estate loan losses are projected for 2011 and beyond. [video] Stiglitz Says Beware Double Dip IMF Boss Proposes Globalist World Reserve Currency New York Times | Dominique Strauss-Kahn floated the idea of creating a global reserve currency that could serve as an alternative to the dollar. `JP MORGAN CHASE: 'California a bigger risk than Greece'... IMF CHIEF WANTS NEW GLOBAL CURRENCY...`

Stocks rally again on worse than expected news … Yahoo!Finance: ‘… U.S. economic data was met with little response as January personal income increased 0.1%, which was below the 0.4% increase that had been expected. Spending for January increased 0.5%, which was a bit sharper than the 0.4% increase that many had come to expect. Core personal consumption expenditures were flat from the prior month, but that was in-line with economists' consensus call. The ISM Manufacturing Index for February came in at 56.5, which was below both the 57.9 that had been widely expected and below the 58.4 that was posted for the prior month. Meanwhile, construction spending in January decreased 0.6% month-over-month, as expected…’

Dave's Daily: Spinning The Economic Data By Dave Fry ‘…The economic data that rolled out Monday mostly missed expectations, so it was surprising to see headlines stating how bullish the data was. You have to hand it to the financial media for turning uninspiring data into bullish news. Personal income was only up .1% vs .4% expected while spending was .5% vs .4% expected meaning consumers were outspending income--nothing new there. Core PCE Prices were unchanged, only if you didn't drive or eat. Construction Spending was lower and was the ISM (Manufacturing) data …’

Wall Street’s Bailout Hustle Matt Taibbi | Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy – they’re re-creating the conditions for another crash.

The Financial Battle for the Middle Class My Budget 360 | Underemployment at 20 percent, 38 million Americans on food stamps and little hiring. Can it be a recovery with no jobs for this long? The secret lives of America’s debtors CNN | Americans are loaded up with credit card debt.

IBM Cuts Almost 500 Jobs in the U.S., Employee Labor Group Says

Obama and the Patriot Act: “Yes We Can” Kill the Bill of Rights Kurt Nimmo | Democrats and moonstruck liberals should be held directly responsible for turning American into a police state. Obama gives Patriot Act another year with no privacy protections If the Patriot Act hadn’t been approved for another year, Sunday would have looked much different. The Cost of Our Foreign Operations On Thursday, Congressman Paul questioned Secretary of State Hillary Clinton about spending at the State Department during her appearance before the House Foreign Affairs Committee. The Patriot Act – Banking Elite’s Trojan Horse for a Police State Infowars.com | Obama waited until Saturday night to renew the Bill of Rights busting Patriot Act. Webster Tarpley On Russia Today: Soviet Amerika Russia Today | On Peter Lavelle’s CrossTalk his guests are asked whether the US is following the historic path that led the the collapse of the Soviet Union. Internet overtakes print in news consumption among Americans Ars Technica | The Internet has surpassed newspapers as a primary way for Americans to get news, according to the Pew Internet and American Life Project.

Here’s What You Need To Know About The Greece-Like Riots Exploding In California California has something new in common with Greece: citizens are taking to the streets to protest draconian budget cuts, which are the only thing keeping their government from default. Bizarre Spending Habits Those who are working live with the fear of losing their jobs as they struggle to pay bills. Meanwhile, Washington is talking of increasing their taxes, something voters were promised, clearly and adamantly, would not happen in this administration.

Big Players Get Out Of Risk And In To Gold Soros Signals Gold Bubble as Goldman Predicts Record

Shut down Jim Bunning's "charitable" fraud - Joe Conason - Salon.com While budget constraints are in order owing to the defacto bankruptcy of the u.s., logic would dictate that one begin with the biggest frauds favoring the least needy in society and the least globally destructive, which of course would preclude bunning’s non-sequitur approach. In fact, coming from bunning who last I heard speaking was so burnt-out and near incomprehensible, it’s a wonder that anyone listens to him at all though he has the right to say whatever.

Argentinian Couple Shoot Kids, Kill Themselves Over Global Warming Steve Watson | Eco suicide pact: Miraculous survival of seven month old baby. Head of ‘Climategate’ research unit admits he hid data – because it was ’standard practice’

Professor Auerbach Provides More Evidence of Fed’s Coverup Regarding Watergate and Iraq

Washington’s Blog | The Fed voted in 1995 to destroy the source transcripts of its policy making committee that had been sent to National Archives and Records Administration.

Louisiana Cops Plan for “End of the World” Scenario Kurt Nimmo | Short of dismantling the Federal Reserve and arresting and prosecuting the bankers, there is no solution short of training police to shoot starving food rioters and declaring martial law.

2-26-10

Home resales drop second consecutive month FDIC shuts down banks in Nevada and Washington #s 21 and 22 so far this year (AP) Massive Bank Failures Due, Says Oversight Panel Fannie to US: We need another $15.3 billion Sounds like a plan! Bernanke delivers blunt warning on U.S. debt Washington Times | Federal Reserve sets the stage for a Greek tragedy. London Becomes Large Laundry House Sergey Nikolayev | “It seems that London, being a large financial center of the world, is becoming a large laundry house for criminally accumulated funds.” Man who broke the Bank of England George Soros ‘at centre of hedge funds betting against crisis-hit euro’ The man who broke the Bank of England in 1992 is said to be at the centre of a plot to cash in on the demise of the euro. Euro in danger as the Greek crisis deepens and Merkel admits currency is at risk

Another worse-than-expected-news-means-rally day! (I wouldn’t believe that better than expected 4^th quarter government GDP number either even if remotely explainable by temporary spike in inventory replenishment at best).

Market Review For February 26th, 2010 By Casey Murphy Technically speaking, the financial markets seem to have put in a fresh low and look vulnerable to a continuation move lower. As you can see from the charts below, the technical picture remains much the same as last week, with all the indexes having a difficult time overcoming the resistance of their respective 20- and 50-day moving averages …Bottom Line It seems market sentiment has improved a bit this week, as the markets stabilized and held above the recent low. However, this is not a time for traders to get too comfortable buying the recent dip. The markets remain vulnerable, and the price action has remained corrective in nature. It takes a few shakeouts before a market can truly end a decline, and thus it would be wise to expect a retest of the recent lows in the coming week or two. How the markets react to these pullbacks will offer many clues as to the next direction…

Obama May Prohibit Home-Loan Foreclosures Without HAMP Review Bloomberg | The Obama administration may expand efforts to ease the housing crisis by banning all foreclosures on home loans unless they have been screened and rejected by the government’s Home Affordable Modification Program. AIG Posts Loss Tied to Rescue, Reserves; Shares Fall Bloomberg | American International Group Inc. posted a wider-than-expected loss after setting aside more reserves for insurance claims and paying down bailout debts. The shares fell 8.5 percent in New York trading. Massive Bank Failures Due, Says Oversight Panel Epoch Times | Close to 3,000 banks are currently classified as having a risky concentration of commercial real estate loans.

For Cuomo, Spotlight Suddenly Grows Hotter New York Times - David M. Halbfinger - For months, Andrew M. Cuomo has silently inhabited a world of grand assumptions: that he was by far the strongest Democrat to run for governor of New York; that his poll numbers were not merely overwhelming but durable; ... Mafia makes comeback in NY? Truth is, they never left! That’s pretty pathetic if that’s the best NY can do!

Obama Appoints Federal Reserve Operative to Debt Panel Kurt Nimmo | Obama has appointed a former member of the primary organization responsible for creating debt to a government panel ostensibly designed to address that engineered debt. The Cost of Our Foreign Operations

On Thursday, Congressman Paul questioned Secretary of State Hillary Clinton about spending at the State Department during her appearance before the House Foreign Affairs Committee. Bernanke delivers blunt warning on U.S. debt Bernanke Pushes to Keep Regulation Power as Some Senators Waver

2-25-10

Jobless claims up 12% in past 2 weeks CNN Money | The number of Americans filing for initial unemployment insurance surged to just below the 500,000 level last week, and have climbed more than 12% over the past two weeks. Rising jobless claims reflect weakening recovery (AP) AP - Layoffs are no longer dropping as they were in the final months of last year, reinforcing reality that the jobs crisis will weigh down consumer spending and the economic rebound. `Senator warns of 'financial meltdown' risk...`

greenspan in Belated Attempt to Rehabilitate His Lack of Credibility: Worst Financial Crisis EVER, INCLUDING the Great Depression Washington’s Blog | Greenspan just said that the current credit crunch is “by far the greatest financial crisis, globally, ever” — including the 1930s Great Depression. U.S. Stocks Decline on Greek Debt Concerns, Economic Reports Goldman: Treasury Yields Will Crash Because Inflation Is Dead And Bernanke’s A Dove Bonuses for Curn and Earn Fraudulent Wall Street And Unemployment Elsewhere Continue To Grow The motivations of men in high places, Goldman and Greece, dollar rally will soon end, trillions in debt while Wall Street makes record profits, shareholders pay for fraud proposed market reforms do not go very far, Bonuses greater than ever before on Wall Street, more problem lenders.

STOCK FRAUD SUMMARY…weak dollar rallies stocks off lows…bernanke: it was the weather (causing much worse than expected unemployment numbers)…riiiiight! … Housing prices for December made a 1.6% monthly decline though expected to increase 0.4%… durable orders less transportation made a surprise 0.6% decline…downturn by the dollar caused stocks to rally into the afternoon…can anyone believe this bull s**t …by their rationale / strategy, when it takes $100+ to buy a loaf of bread the market will really soar to new heights

Fry… bad news from Jobless Claims and rumors of continued struggles within the Euro Zone led logically to heavy selling. But, as soon as volume waned in the afternoon a series of buy programs were launched as computer algos kicked into gear…

Price Headly / Seeking Alpha … 1. Acceptable P/E ratios tend to be lower coming out of recessions and as we enter expansion phases, and tend to be higher in the latter stages of a bull market. For instance, the S&P 500’s operating P/E fell to a low of 15.16 in mid 2006, and a low of 14.41 in late 1994. Yet, actual earnings had been firmly on the rise for months before those P/Es were reached. Why this is bad for the market: In simplest terms, even strong earnings results (which we’re seeing again) may not push stocks up to valuations we were used to in 2007, or in 1997/1998…

2. There’s a big projected divergence between GAAP and operating earnings. How long can all these one-time charges last? Though operating earnings (red) are expected to reach $20.73 per share (per quarter) by the end of 2010, where they were in early 2006, GAAP (or actual) earnings are only expected to reach $14.82 per share by the end of 2010, where they were in early 2005.

Why this is bad for the market: The smoke and mirrors can only persist for so long before investors grow weary of accounting maneuvers disguising reality…

Fed to look into insurance contracts on Greek debt … riiiiight! … look but don’t touch / prosecute … and don’t forget … these frauds owing to corruption in the political processes have the political clout to make these bets go their way … to everybody’s detriment but their own (AP)

A tax loophole for the rich, a real estate bubble for everyone

2-24-10

New home sales fall to a record low Sales of new homes plunged to a record low in January, government figures showed Wednesday, as the weak economy and a glut of foreclosed homes continue to weigh on the market. Foundation for the Study of Cycles: Gold to $2,000 By Late 2011, While Dollar and Stocks will Sink U.S. economy is a shambles, with no improvement in sight Mass Layoffs by U.S. Manufacturers Surge in January Financial Advisory | The fact that there was an increase in mass layoffs shows there is a decline in demand for products; it’s as simple as that. U.S. New-Home Sales Drop 11.2% The Wall Street Journal | Economists surveyed by Dow Jones Newswires had estimated sales would rise 3.8%, to 355,000. “It’s Over” For US Economy: Buffett Partner Long-time business partner of Warren Buffett, Charlie Munger, writes in a new article for Slate.com that “it’s basically over” for the United States economy.

FDIC Hits Record “Default” Level As Deposit Insurance Fund Plunges By $12.7 Billion To NEGATIVE 20.9 Billion

2-23-10

Pretending We Are Not in a Depression We have been in that depression for about 18 months and there is no evidence that we will exit it. Top Fed Official Warns Jobs Will Be Scarce As ‘Paradigm Shift’ Slows Hiring Nearly 20% of US Workers Underemployed in Jan World Gold Council Releases Q4 And 2009 Gold Demand Trends Report Secret AIG Document Shows Goldman Sachs Minted Most Toxic CDOs Regulators report 27 percent jump in problem banks America Just Declared The Recovery Over So You’d Better Get Ready For The Double Dip Business Insider | Today’s bleak consumer confidence number is undoubtedly bad news for the economy.

US STOCKS-Wall Street drops along with consumer confidence Reuters - Leah Schnurr, Kenneth Barry - NEW YORK, Feb 23 (Reuters) - US stocks suffered their biggest one-day decline in nearly three weeks on Tuesday after a sharp drop in consumer confidence heightened worries over one of the most vulnerable areas of the economy. Consumer confidence falls sharply in February Los Angeles Times Summary Box: Consumer Confidence Plummets

Budget Increases for Nuclear Weapons Production at the Expense of Social Programs Global Research | In the new budget request for 2011 the Obama Administration proposes to freeze discretionary domestic spending for social programs while dramatically increasing funding for new US nuclear weapons production facilities. Top Bush adviser defends using nuclear weapons on civilians The senior Justice Department legal adviser to President Bush who made the legal case for the Bush Administration’s use of torture tactics on terror suspects defended comments that the president could unilaterally “massacre” civilians in wartime in a newly released interview. Only 9% Say Most in Congress Interested in Helping People As frustrations toward Congress continue to boil, a new Rasmussen polling report finds that more voters than ever think the average Congressman is more interested in helping himself than helping those he represents.

Neocons Criticize DHS Relationship with Intelligence Asset Muslim Brotherhood Kurt Nimmo | The DHS relationship with the Muslim Brotherhood is a natural. Tiny tim geithner stages press conference, censors real questions

DRUDGEREPORT: `WHAT BUDGET TROUBLES? OBAMA PLANS $1B BRIT EMBASSY`

`CONFIDENCE LOWEST SINCE '83...`
`Mass layoffs edge up...`
`FDIC reports 27% jump in problem banks...`
`States' tax collections fall again...`
`Weather helps freeze global recovery...`

`Transport strikes lay bare Europe's malaise...`
`Europe plans compulsory maternity leave for 20 weeks...`

`Gas prices to top $3...`

2-22-10

Faber: Don't Buy the Rally predicts the equity markets will end lower in 2010

Citigroup Warns Customers It May Refuse To Allow Withdrawals `Governors: Bad economies in states to worsen... Banks in CA, IL, FLa, TX are shut down...` Millions of Unemployed Face Years Without Jobs Redburn Partners On The Coming Gold War: “Gold Is Money And Nothing Else”

Flashback: Chaos in the Streets and Poverty Coming to the USA CNN Broadcasts Major Cyber War Game Propaganda Kurt Nimmo | Government insiders say the president needs more executive power to deal with a possible cyber attack.

Inflation is moving faster than it looks Inflation has returned, although you wouldn't know it from a glance at the behavior of the consumerprice... Death of U.S. capitalism: The final 10 scenes Do Main Street’s 95 million investors know something Warren Buffett’s long-time partner, Charlie Muger,…

Goldman Issues Press Release On Greek Swaps, Pours More Gas On PR Fire

2-19-10

Stock Market Slows as Tiger Woods Apologizes FoxNEWS.com | Another example of the Disney World character of the world’s largest casino. Wall Street’s Bailout Hustle Rolling Stone | Blankfein addressed his plan to pay out gigantic year-end bonuses amid widespread controversy over Goldman’s role in precipitating the global financial crisis.

`'GOVERNMENT MOTORS' CEO Gets $9 Million Pay Package...`

jersey life - Officials: NJ Cop Bribed Sex Abuse Victims With Drugs WPIX.com | A 20-year-veteran of the Newark police force is behind bars for allegedly covering up sexual relationships with minors by supplying them with cocaine and marijuana.

Romney at CPAC: It’s the Banksters, Mitt Kurt Nimmo | Both Democrats and Republicans take orders from the bankers who own the two party political system in the United States. Attack in Austin: Outraged “Lone Wolf” or False Flag Op? Kurt Nimmo | The corporate media ignores government complicity in domestic terror attacks.

Book: Walking dead man cheney pushed for military conflict with Russia during S. Ossetia conflict Only 21% Say U.S. Government Has Consent of the Governed ‘Influenza vaccine has no effect’: study Big Pharma researcher admits to faking dozens of research studies for Pfizer, Merck

2-18-10

`WAL-MART suffers first sales decline...` `Jobless claims rise... Wholesale inflation surges... 16.8% annual? Stocks rally…riiiiight!`

`IT'S STARTING: Fed Raises Discount Rate...` Fed bumps up rate banks pay for emergency loans (AP) CDS on US Sovereign Debt Should Be Exactly Zero

Fed hikes discount rate but not tightening policy Reuters - Emily Kaiser, Vivianne Rodrigues -

WASHINGTON (Reuters) - The Federal Reserve said on Thursday it raised the interest rate it charges banks for emergency loans but insisted that its first rate move since December 2008 would not raise borrowing costs for consumers or companies. US Stock-Index Futures Drop After Fed Raises Discount Rate BusinessWeek Fed Discount Rate Hike Marks Tangible Step Towards Exit Wall Street Journal Dollar jumps after Fed raises discount rate Gold Tumbles As IMF Reaffirms Plan To Sell 191.3 Metric Tons Of Gold Over Time in Phased “On-Market” Gold Sales The IMF just announced it would resume selling the balance of its preapproved for sale gold, of which 191.3 tons remains. The sales would be in a phased manner over time to avoid disrupting the gold markets.

New underground economy The Washington Times | 17 million adults in American do not put their money in banks. Stripping away the disguise of derivatives Financial Times | Using artificial “off-market” interest or currency rates, it is possible to create differences in value between payments and receipts. The Economic Elite Have Engineered an Extraordinary Coup, Threatening the Very Existence of the Middle Class The economic elite have robbed us all. The amount of suffering in the United States of America is literally a crime against humanity.

Source: FBI Knew Austin Attack Was Coming Eyewitness: Hazmat Teams In Place Before Plane Crash Austin Plane Crash Labeled “Right-Wing Domestic Terror Attack” By Obama Supporters

NTSB Says Austin Plane Crash Targeted IRS Corporate Media Blames Kamikaze Attack On Tea Parties

2-17-10

TREASURIES-US bonds extend losses after Fed minutes Percentage of Overbought Stocks Exceeds Oversold Stocks Federal deficit at $430.69 billion record-breaking pace through January (AP) Stimulus spending at $32 billion monthly China sells $34.2bn of US treasury bonds Guardian | China relinquished its position as the largest overseas holder of US treasury bonds.

Dissension at the Fed - ‘…German hyperinflation is one classic and often-cited example, and with good reason. When I was named president of the Federal Reserve Bank of Kansas City in 1991, my 85-year old neighbor gave me a 500,000 Mark German note. He had been in Germany during its hyperinflation and told me that in 1921, the note would have bought a house. In 1923, it would not even buy a loaf of bread. He said, “I want you to have this note as a reminder. Your duty is to protect the value of the currency.” That note is framed and hanging in my office…’

End of Empire – Waking Zombie Nations Zero Hedge | Americans (and the rest of the world) appear to be frozen in place, seemingly helpless and hopeless in the face of incredible corruption and thieving.

2-16-10

Kiss That V-Shaped Recovery Good-Bye: The U.S. "Worse Than Greece," Says Economist White House Projects Long-Term Mass Unemployment Global Research | The White House Council of Economic Advisers released its Economic Report to the President on Thursday which shows that the White House is expecting mass unemployment to continue for years.

· Trillions in debt: Minneapolis billboard, a grinning George W. Bush. Caption: "Miss me yet?" He never left. His short-term Reaganomic solutions still haunt us taxpayers. Trillions in debt. But worse: Millions have forgotten his tragic legacy.

· Wall Street reforms dying: Then a BusinessWeek review of Boston University. economist Larry Kotlikoff's new book "Jimmy Stewart is Dead: Ending the World's Ongoing Financial Plague with Limited Purpose Banking." He argues for radical financial reforms, warning that Obama's in Wall Street's pocket, "putting a Band-Aid on cancer." Earlier in "The Coming Generational Storm: What You need to Know about America's economic future" we heard his long-term warnings of the coming collapse of Medicare and Social Security. No one listened then either.

· Obama approves Fat-Cat bonuses: Former IMF economist Simon Johnson warns: Obama "Still Doesn't Get It." Bloomberg reports: When asked about J.P. Morgan Chase boss Jamie Dimon's $17 million bonus and the $9 million for Goldman Sachs CEO Lloyd Blankfein, Obama said: "I know both, savvy businessmen. Like most Americans, I don't begrudge people success or wealth." They're not "people."

· Class warfare ahead: Next, more proof Obama really "doesn't get it:" Only 4% of folks making over $100,000 fit the new Northwestern University study of unemployment. In contrast, Americans in the bottom fifth suffer most, 37%-50% are underemployed. Warning: This widening wealth gap is more dangerous than terrorist's threats.

· Doomsday clock's ticking: Then, comments from Barron's about Hong Kong economist Marc Faber's warning: "Zero Hour, America's debt is junk." Listening to Faber's "DoomBoomGloom.com" messages you can even hear the countdown tick, tick, ticking till the "Debt-Bomb Explosion." Till the third Wall Street meltdown of the 21st century. The "Great Depression II." Till Palin and the "Tea Party of No" not only advocate a new "American Revolution," but trigger one ... Tick, tick, tick ...

· The warnings are relentless: USA Today says Wall Street's "bastardizing ETFs," creating a "treacherous" casino extracting more fee and commission revenues.

· Next, a Bloomberg-BusinessWeek headline: "Wall Street's New Flight to Risk" about leveraging the Fed's cheap money in "exotic bonds."

· Then Atlantic warns: America's $1.7 trillion commercial real estate bubble is "about to meltdown."

· And The Economist warns: "New dangers for the world economy: When the crisis started, governments helped save the world economy. Now they are the problem." We hear those same fears from TARP's watchdog: The "government bailout has increased the risk of deeper economic crisis."

· And Foreign Policy magazine predicts: By 2040 China's GDP will explode to $123 trillion (three times America's), but China's central bank is already doing what Bernanke won't, increasing bank reserves to dampen a bubble, another show of their growing power.

2-12-10

Credit Suisse Declares the U.S. a Riskier Investment Than Indonesia Washington Independent | Credit Suisse issued a report identifying those countries it determined to have the highest risks of default on their sovereign debts. Number 16 on the list was the United States.

Negative Equity Crisis eCredit Daily | Negative equity, or homeowners “underwater” in their mortgages, will deepen the foreclosure crisis.

Gold futures fall as U.S. dollar rallies after China move Gold and other metals futures slumped on Friday, as a move by China to slow lending triggered a rally in the U.S. dollar and a sell-off in commodities. Refuse to Pay Government Debt Incurred for Unlawful and Oppressive Purposes … It Is the Personal Debt of Those Who Ordered It to Be Incurred There is an established legal principle that people should not have to repay their government’s debt to the extent that it is incurred to launch aggressive wars or to oppress the people. Refuse to Pay Government Debt Incurred for Unlawful and Oppressive Purposes Washington’s Blog | Bush, Cheney, Paulson, Geithner, Summers and others who ordered these debts be incurred must be held personally liable for them.

Climategate: The Official Cover-up Continues If there’s one thing that stinks even more than Climategate, it’s the attempts we’re seeing everywhere from the IPCC and Penn State University to the BBC to pretend that nothing seriously bad has happened. NY Times: “Unusual Amounts of Snow or Lack of Snow are all Signs of Global Warming” “Extreme storms, droughts, intense rains, unusual amounts of snow or lack of snow are all signs of global warming.” Rome Sees Heaviest Snowfall In 24 Years

Euro Area Headed for Break-Up, SocGen’s Edwards Says Southern European countries are trapped in an overvalued currency and suffocated by low competitiveness, a situation that will lead to the break-up of the euro bloc, according to Societe Generale SA strategist Albert Edwards.

Few Americans Want Members of Congress Re-Elected, Poll Finds Just 8 percent of Americans want the members of Congress re-elected, according to a CBS News-New York Times poll taken nine months before roughly one-third of the Senate and the entire House face voters.

A Warning To The Tea Party Nation Chuck Baldwin | Big Government neocons posing as champions of conservatism co-opted and destroyed the Conservative Revolution of 1994.

The battle of 9/11’s ailing first responders Jerry Mazza | No one should be sheltered from scrutiny as no one should be denied justice, including the dispensers of justice themselves and the Bush administration. 9/11 Explosion: Manny Badillo Talks with RT About the New Photos Russia Today | New picture releases are shedding light on September 11th, some say they prove that the assault on America proves a homegrown attack.

Defacto bankrupt / crumbling they keep spending on self-destructive wars; and expect everyone to pay for their insanity; and then there’s the innocent civilians, women and children being maimed/killed:

Totally Occupied: 700 Military Bases Spread Across Afghanistan Existing in the shadows, the US base-building program is staggering in size and scope and also extraordinarily expensive. ‘US to expand military centers in Pakistan though defacto bankrupt’ Israel accused of waging covert war in Mideast... GREEK FURY AT EU PARTNERS OVER 'PSYCHOLOGY OF LOOMING COLLAPSE'... COLLAPSE OF THE EURO IS 'INEVITABLE'... NATO LAUNCHES LARGE AFGHANISTAN OFFENSIVE... Credit Suisse Declares the U.S. a Riskier Investment Than Indonesia Ferguson and Faber: Sovereign Debt Crisis Will Spread World-Wide, U.S. Debt Is Unsafe

DRUDGEREPORT: Reid slams American Bar Association: 'get a life'...

Israel accused of waging covert war in Mideast...

GREEK FURY AT EU PARTNERS OVER 'PSYCHOLOGY OF LOOMING COLLAPSE'...
COLLAPSE OF THE EURO IS 'INEVITABLE'...

NATO LAUNCHES LARGE AFGHANISTAN OFFENSIVE...
Taliban vow guerrilla warfare...

Rockefeller on Obama: 'Beginning to not be believable'...

Luge crash overshadows big day... VIDEO...

New tax bombshell awaits UK - 20% VAT!

2-11-10

Ferguson and Faber: Sovereign Debt Crisis Will Spread World-Wide, U.S. Debt Is Unsafe Washington’s Blog | Niall Ferguson slams the prevailing Keynesian consensus, and says that the sovereign debt crisis in Greece will spread to America. Sovereign Debt Crisis Will Spread World-Wide, U.S. Debt Is Unsafe In a must-read essay, Niall Ferguson says that the sovereign debt crisis in Greece will spread to America.

EU SPLIT: Merkel dashes Greek hopes of economic rescue bid...

Revising The Economic Problems Wont Make Them Go Away The threat of an inflationary depression around the world, metals will survive, currencies will not, Banks holding most of US deposits are broke, Paul Volcker would be a better chairman of the Fed, we need Glass-Steagall back, your deposits bailed out the bankers, nothing anyone can do for Greece, numbers and analysis from the Household Survey.

US gold ends above $1,090/oz on currency volatility Obama “Open” On Middle Class Tax Increases BusinessWeek | Bernanke and Geithner say we have to pay down the debt owed to international bankers. Sounds like a plan … no pain, no wall street / banker gain.

Hank Paulson Not That Worried About People Claiming Innaccuracies In His Book GE CEO Jeffrey Immelt said today that while he did indeed have a discussion with Hank Paulson in September 2008, it had nothing to do with his irm's commercial paper woes, as the former Treasury Secre... Of course not, after all, paulson’s an unconflicted wall street fraud who’s done worse than just lie.

Insiders, Neocons Plan Simulated Cyber Attack Kurt Nimmo | The Rockefeller connected Bipartisan Policy Center plans to scare you into accepting the prospect of dangerous cyber enemies. Go Back To Sleep, There’s No New World Order Man Arrested for Practicing Second Amendment, Warning About Martial Law Kurt Nimmo | Massachusetts passed a martial law bill in 2009. Internet Censorship Protest Shuts Down Australian Government Websites State Department Admits: Detroit Christmas Bomber Was Deliberately Allowed to Keep US Entry Visa, Board His Flight Webster G. Tarpley | The Detroit Christmas bomber was deliberately and intentionally allowed to keep his US entry visa.

Feds push for tracking cell phones (which is old news since they already do that) …s

Global Warming Doublespeak: Snowmageddon Blizzards Are Part Of Heating Trend A New York Times article has stunned some readers by suggesting that an ongoing global cooling trend is actually indicative of how quickly the planet is succumbing to man-made global warming.

Nigerian security forces execute unarmed civilians in open view

2-10-10

The Great Highway Robbery Continues: How The FDIC Is Legally Transferring Billions In Taxpayer Money To Hedge Funds Zero Hedge | FDIC’s acquirors of failed banks end up receiving a massive and risk-free gift in the form of taxpayer benefits via the FDIC.

[$$] Goldman: We Won't Slash Fraud for '10 (at The Wall Street Fraud Journal Online) wobama takes their cue `Now Obama Doesn't 'Begrudge' Millions in Bonuses for 'Savvy' Bankers...` hank paulson: My close ties with Wall Street were ‘a huge help to create a fraud for huge wall street gain at taxpayer expense’ Bernanke Says Discount Rate May Rise ‘Before Long’ The Federal Reserve may raise the discount rate “before long” as part of the “normalization” of Fed lending, a move that won’t signal any change in the outlook for monetary policy, Chairman Ben S. Bernanke said. The Dumping Begins: Chinese Reserve Managers Rationally Notified That Any Non-USG Guaranteed Securities Must Be Divested It appears that this time China’s posturing is for real. Gary Shilling: Higher Government Pay Will “Likely Lead to a Tax Revolt” 14.8 million Americans are currently out of work and looking for a job, according to a report released today by the Bureaus of Labor Statistics. Even if you do have a job, wages have not increased substantially over the last ten years, with one exception: government workers.

US disappointed at torture ruling The White House expresses "deep disappointment" at a court ruling to reveal details of the torture of a UK resident. Appeal by China dissident Liu Xiaobo rejected which is the pattern of court corruption that the united states employs in such instances and that China shouldn’t follow the corrupt u.s. way. `UK govt forced to publish U.S. torture documentations... Keith Weir and Michael Holden LONDON Wed Feb 10, 2010 7:07pm EST LONDON (Reuters) - The British government lost a legal battle Wednesday to prevent the disclosure of secret U.S. intelligence material relating to allegations of "cruel and inhuman" treatment involving the CIA.` British court acknowledges CIA tortured terror suspect if held under British, International, or meaningfully lawless u.s. law A former Guantanamo Bay inmate was effectively tortured by US authorities while in CIA custody in Pakistan, according to intelligence notes released Wednesday by a British court. MI5 knew Guantanamo detainee Binyam Mohamed was being tortured MI5 knew that Binyam Mohamed, the former Guantanamo detainee, was being tortured by the CIA, a Court of Appeal judgment has revealed.

2-9-10

Wall St rises on reports of help for Greece - took their cues this session from the dollar which was weakened despite conflicting reports about whether Germany will lead a bailout for Greece, the weak dollar owing in reality to u.s. defacto bankruptcy being a good thing meaning higher stock prices in the recent fraudulent wall street b.s. story (Reuters) Equities Update: Greece Rumors, Lower Dollar Lift Stocks…riiiiight!…a great reason that makes no sense to anyone who understands financial realities – more fraudulent b.s. David Frye: ‘Rumors that Greece will be bailed-out of its current debt difficulties rallied stocks today. Obviously this has been an issue negatively overhanging markets. The bailout rumor began with word that ECB potentate Trichet left Australia a day early meaning to tea readers something good was going to happen. Germany denied reports of a bailout later in the day but bulls didn't flinch much. Further Moody's and S&P discussed more downgrades for sovereign debt including Greece…’ “More Empires Have Fallen Because Of Reckless Finances Than Invasion” As I have repeatedly shown, war is bad for the economy. According to a Nobel prize-winning economist, the head of JP Morgan and others, the Iraq war and the war on terror in general were huge factors in destroying our economy. Traders splash £5 billion betting against the euro as the single currency falters amid debt crisis Traders and hedge funds are making record bets against the euro, underlining the mounting alarm over the region’s debt crisis. A crisis of sovereignty as well as debt | The European Union is in need of a new economic strategy– but the reason has as much to do with the fact that its previous one is nearing its expiry date as any desperate need to deal with the current crisis. Medicaid: False Solutions vs. false american Solutions

DRUDGEREPORT: OBAMA HITS POLL LOW: ONLY 44% APPROVE... Will 80 Million Baby Boomers Bankrupt Social Security? Wall Street hammered, Dow closes below 10,000... MARDIS GRAS IN MIAMI! RFK, Jr. 15 months ago: Global warming means no snow or cold in DC... ICE AGE: WEST WING NEARLY BURIED IN SNOW... 'The great global warming collapse'... Blizzard Rearranges Announcement of Feds New Global Warming Office... CLIMATE SCANDAL PROFESSOR: I THOUGHT OF KILLING MYSELF...

2-8-10

The Illusion of U.S. Dollar Safety Investors Should Find Better Returns Abroad Banking and Housing Payments Devoured Middle Class Income My Budget 360 | 1 out of 10 Americans on food stamps and how the Fed slowly devalued the dollars in your wallet. Testy Conflict With Goldman Helped Push A.I.G. to Edge Billions of dollars were at stake when 21 executives of Goldman Sachs and the American International Group convened a conference call on Jan. 28, 2008, to try to resolve a rancorous dispute that had been escalating for months.

The Illusion of U.S. Dollar Safety …There are good reasons to believe that equities going lower may not empower the USD this month, especially during the week that the U.S. Treasury goes cap-in-hand to the global market with another record matching bond sale to raise more cash for the over-drawn economy to get through another month of red-bill paying. The January move to buy the dollar was turbocharged by news that Dubai World was still struggling to revamp its debt obligations, and those long-USD moves were then boosted by headlines that Greece was in danger of defaulting on its government debt obligations. With gleeful joy, the media pounced on the fact that other members of the Euro-zone were also likely to be in the same situation, with Portugal, Italy/Ireland, Greece and Spain making up a group-of-four/five that suddenly has the traded market’s attention drawn to it. In that environment, and with lofty disregard for what came before, buyers of the USD loaded the long side of their boat and abandoned any thought process that the economy backing the largest amount of fiscal deficit the world has ever seen could ever get into a position that would be worse than that in front of them. Apparently, all is well with U.S. debt, so long as someone else has debt issues too. USD Safety a Myth The move to safety of USD-based Treasury debt empowered the USD in January, but the reality check in regard to the implied NFP employment situation will now not help back that move. The fickle market’s attention will now have to be drawn to forward U.S. growth, as the Euro-zone story grows old, and reality once again sets in. The drop in value by the euro will have been welcomed by the single currency exporters, and will now likely have U.S. administration attention drawn towards a USD that is now verging on expensive in regard to servicing U.S. debt levels. The top four U.S. states in the Fiscally Challenged Rankings would make the Greek situation look something akin to a storm in a tea cup. The threat of downgrades to U.S. debt are generally ignored - after all, the U.S. based rating agencies know what side their bread is buttered, one would assume…

Investors Should Find Better Returns Abroad President Obama's State of the Union message over a week ago only served to reinforce my forecast that investors will continue to find better returns in markets outside America and in currencies other than the U.S. dollar. Indeed, the reward gap may well increase. Nothing in the President's speech indicated willingness to do the hard work of cutting spending. Rather, he reiterated his commitment to a costly new healthcare entitlement and more spending on make-work programs. Only days later, his budget acknowledged that, even before factoring in the cost of his proposals, the federal government is unlikely to be in surplus for the foreseeable future. In response, Moody's has issued a warning that the United States' triple-A credit rating is not unassailable. In short, the trend set some ten years ago will continue. Since 1999, those who invested in U.S. stocks, as measured by the S&P Index, have lost about half of their wealth, in real terms.[i] On the other hand, those who invested abroad, measured by the Morgan Stanley Emerging Market Index,[ii] [iii] have doubled their investments in real terms. This is because capitalism is flourishing abroad, while being curtailed progressively in so-called advanced economies, where the projected aggregate growth rate for 2010 is now only some 2.5 percent. Somewhat optimistically, this assumes no double dip recession…

Rash of retirements pushes Social Security to brink | Social Security’s annual surplus nearly evaporated in 2009 for the first time in 25 years as the recession led hundreds of thousands of workers to retire or claim disability. 75% Are Angry At Government’s Current Policies

Rasmussen Reports | Voters are madder than ever at the current policies of the federal government. Wall Street Cash for Republican Bribes New York Times | This year Chase’s political action committee is sending the Democrats a pointed message. Recession chugs on, except in government Washington Examiner | The federal civil service is rapidly expanding as Obama increases the size of government, with 33,000 new positions being added in January alone. Recession chugs on, except in government White House apologists were quick to point to the unemployment rate decline from 10 percent to 9.7 percent as evidence that the recovery is gathering momentum and that President Obama’s policies — especially his $787 billion economic stimulus bill Congress approved last February — are “working.” But the back story behind the figures provides cold comfort.

Treasury Secretary Timothy F. Geithner said the U.S. is in no danger of losing its Aaa debt rating even though the Obama administration has predicted a $1.6 trillion budget deficit in 2010. And you can take that to the insolvent bank/treasury! America Not Near To Solving Its Debt Problems As we have been forecasting for the last two years, the second wave of mortgage defaults and foreclosures will hit the economy this year.

Pressure grows to use bingo as revenue source Whoe! Sounds like a plan! Riiiiight! Infowars.com | In America, circa 2010, the phrase bread and circuses has become what passes for our national anthem. More Government Equals Fewer Jobs With today’s unexpected decline in December payrolls, the cry for more job-related stimulus will grow even louder. But the sad truth is that any new stimulus or jobs bills will ultimately swell the ranks of the unemployed, thereby raising calls for an even bigger federal effort. Not Your Father’s Army U.S. soldier ‘waterboarded his own daughter, 4, because she couldn’t recite alphabet’

Tea Party Sarah is a Neocon Kurt Nimmo | Sarah Palin is a thinly disguised Trojan Horse for the neocon Republican party… Are you sure you got that right? I’d say Trojan Horse for the neocon Democratic party. I mean, come on! She’s so incredibly, and embarrassingly dumb! She is the joke that keeps on giving! More importantly, she’s just the type to press the button if there was anyone so foolish to do so. Beginning Of The End: Sarah Palin Hijacks The Tea Party Movement A.C. Kleinheider | Sarah Palin didn’t give a tea party speech last night. She gave a partisan Republican address. Palin the Birdbrain: War with Iran would help Obama’s re-election … Sounds like a plan…riiiiight!

2-5-10

Food stamps set ever-higher record-32.8 million people...

8.4 Million Jobs Lost in Recession Dow Jones | The Labor Department’s annual benchmark revision to the survey that produces the monthly payroll report painted a bleaker 2009 picture.

…The January monthly report showed that 20,000 nonfarm jobs were lost in January, worse than the consensus expectation for a gain of 15,000 jobs…

Colas…”when they didn’t follow through on the sell off today through midday, I think that caught people’s attention and was perhaps somewhat of a catalyst for a short covering rally into the close.”

The following echoes my own sentiments:

Dave's Daily

By Dave Fry, founder and publisher of ETF Digest and author of the best-selling book Create Your Own ETF Hedge Fund. February 5, 2010 ‘LYING WITH STATISTICS In college statistics class the professor gave us a book with aforementioned title. It was impressive seeing how folks can mislead with numbers. It's something we see everyday especially from the government. Pushing a lot of unemployment (seasonal adjustments) into old data might make future reports better right? But it's misleading. Putting up an unemployment rate that's better than expected (especially with high continuing Jobless Claims) is just a function of how many unemployed people are dropping off the rolls (birth/death model)[and “stopped looking”]. It's just more manipulative BS. The markets were wallowing in red most of the day immersed in worries about jobs and troubles in Europe. But, markets reversed course led by a late round of buy programs beginning around 3 PM. Who would launch such an effort? Any number of trading desks, hedge funds and even our own government will stop at nothing nowadays to manipulate everything. You can't make this stuff up frankly’.

Poll: Americans worried, angry about deficit A majority of American people are worried and angry about the size of US federal budget deficit, according to a new survey.

Canadian Equity Markets: Pain Is Coming

Global sell-off shudders markets as euro plunges to 8-month low amid fears of debt default London’s top stocks lost another one per cent today as worries over US and European economic health sparked a sell-off for the second session in a row.

PAPER: Sarkozy has been trashing Obama...

2-4-10

The Bankruptcy of the United States is Now Certain It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt.

It Is Now Mathematically Impossible To Pay Off The U.S. National Debt The Economic Collapse | We will be in perpetual debt for as long as the Federal Reserve system exists. `MOODY'S warns US of credit rating fears...` Gold Proves Sticky As Dollar Surges; Correlation Observations Between Gold And DXY, Silver And Oil Stocks tumble on worries about jobs, European debt (AP) Dow Tumbles 200+ Points Stocks slumped Thursday after a rise in weekly jobless claims sent an alarm ahead of the big monthly employment report which fraudulent wall street is trying to condition them to fudge / fraudulently report.

Next in Line for a Bailout: Social Security CNN Money | Don’t look now. But even as the bank bailout is winding down, another huge bailout is starting, this time for the Social Security system. Buffett Loses Last AAA Rating as S&P Cuts Berkshire Business Week | Warren Buffett’s Berkshire Hathaway Inc. was stripped of its last AAA credit rating by Standard & Poor’s after the billionaire investor agreed to buy railroad Burlington Northern Santa Fe Corp. The Bankruptcy of the United States is Now Certain Silverbearcafe | It’s one of those numbers that’s so unbelievable you have to actually think about it for a while… Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt.

`Pennsylvania State Capital Mulls Bankruptcy as a Budget Option...` `*Harrisburg on the brink...` `Phoenix gives OK to 2% tax on food...`

bush gave orders to kill U.S. citizens abroad if suspected of “terrorist” links Raw Story | In a striking admission from the Obama Administration’s top intelligence officer, Director of National Intelligence Dennis Blair announced that the U.S. may target its own citizens abroad for death if it believes they are associated with terrorist groups.

US bullying Toyota on recall The US transportation chief’s public rebukes of Toyota’s handling of a massive safety recall have raised eyebrows, given the US government’s major stake in rivals General Motors and Chrysler. Obama Submits Largest Budget in History, But Portrayed as Fiscal Conservative by Networks

House Overwhelmingly Passes Cyber Security Bill Kurt Nimmo | The new law will create a mega-agency to hunt down “potential enemies” on the internet to feed their budget-busting, self-serving paranoia enabling in their own minds a spurious mindset that they’re doing something. President Obama cuts border security budget Examiner | While telling the American people that national security is a priority, President Obama submitted a 2011 budget proposal that includes cuts to U.S. border security.

Investigation Chief: Swine Flu Pandemic Was A Hoax Appearing, outgoing Chair of the Council of Europe’s Sub-committee on Health Wolfgang Wodarg said that his panel’s investigation into the 2009 swine flu outbreak has found that the pandemic was a fake hoax manufactured by pharmaceutical companies in league with the WHO to make vast profits while endangering public health. Intel Boss Blair: Government Plans to Kill Citizens Patsies take heed. The U.S. government will kill you. That’s what the Director of National Intelligence Dennis C. Blair told a House intelligence committee yesterday. Climategate spreads like an ozone hole Scientists at the heart of the Climategate controversy face new allegations which cast further doubt about global warming. Analysis shows researchers had tried to suppress key details of their findings for twenty years. US Treasury Official Openly Serves on Council of Rothschild-founded “Earth Bank” Senior US Treasury Dept. Official William Pizer, the current Deputy Assistant Secretary for Environment and Energy is simultaneously a sitting council member on the Global Environment Facility ( www.thegef.org ), one of the largest funders of projects to “improve the global environment” (i.e. push through fraud-based carbon cap-and-trade programs). Carbon trade phish scam disrupts exchanges Phishing fraudsters have extended their net beyond harvesting e-banking credentials via a scam that resulted in the theft of 250,000 carbon permits worth over €3m. NY sues Bank of America alleging fraud in Merrill deal New York state officials Thursday sued Bank of America and its former top executives alleging fraud and deception to obtain billions in taxpayer bailout funds to acquire brokerage Merrill Lynch. Change Eyad J.| It seems politicians go by, but the policies are the same. Google Reestablishes Relationship With Government Spies Google is set to establish a working relationship with the National Security Agency, the government spy force responsible for warrantless monitoring of Americans’ phone calls and e-mails in the wake of 9/11. Google Boondoggle With No Such Agency Emptywheel | The descent down the slippery slope picks up a little more speed.

“Liberated” Iraq Imposes Draconian Media Censorship Battling what it says are broadcasts that incite sectarian violence, Iraq wants to impose new restrictions on the media that critics say could bring back draconian censorship last seen under Saddam Hussein. US soldiers and teenage girls killed in bombing near Pakistan school Three American soldiers were killed and two others injured today in a bomb attack that marked the first fatal Taliban ambush on the US military in Pakistan.

2-3-10

MOODY'S warns US of credit rating fears...

U.S. Should Lose 824,000 Jobs as Employment Data Revised To Comport With Reality Instead of Fake Reports/Data: Analysis The U.S. should lose 824,000 jobs when the government releases its annual revision to employment data on Feb. 5, showing the labor market was in worse shape during the recession than known at the time.

Why Are Americans Passive as Millions Lose Their Homes, Jobs, Families and the American Dream? An unnatural economic and psychological disaster has struck America. Five contributors, each interacting with and shaping the others, have devastated the American moral, economic, psychological, and social landscape.

Geithner and Bernanke: Laundering Money Through an Illegal Trust? This afternoon on Secure Freedom Radio we announced a breaking news story concerning the Administration’s ongoing cover-up of AIG financial wrong-doing.

Time ‘the Dying’ Magazine Pushes Draconian Internet Licensing Plan Time Magazine has enthusiastically jumped on the bandwagon to back Microsoft executive Craig Mundie’s call for Internet licensing, as authorities push for a system even more stifling than in Communist China, where only people with government permission would be allowed to express free speech.

The Fed as Giant Counterfeiter San Jose State economics professor Jeffrey Rogers Hummel tells all his students that the easiest way to understand the Federal Reserve is to think of it as a giant, legalized counterfeiter.

War, Budgets and Blind Ambition The american (so-called-I personally believe there are no elite people in this nation or any other, just varying degrees of criminality) elite’s unbounded, unquestioned, indeed unconscious sense of imperial entitlement and dominance — based ultimately on war, the threat of war and the profit from war — is one of the defining characteristics of america’s decline.

Cell Phones Cause Brain Cancer, Scientists Warn A report issued by the International Electromagnetic Field Collaborative and endorsed by 43 scientists from 13 countries has reviewed the evidence linking cell phone use to brain tumors, and refuting the methodology of a forthcoming industry-funded study expected to give the phones a clean bill of health.

Getting Ready for Tax Day: IRS Puts Out Bid to Buy Sixty Police Shotguns Of course, the real rich — the Warren Buffetts and Rockefellers of the world — and large transnational corporations do not pay taxes. Budget-strapped states avoid the word ‘taxes’

Red Alert: Intelligence Chiefs “Certain” Their Bosses Will Stage Terror Attack Soon Using information gleaned from the blatantly set-up underwear bomber patsy Umar Abdul Muttalab, intelligence chiefs have assured us that their bosses will stage another terror attack in the U.S. within the next three to six months. Police Want Backdoor to Web Users’ Private Data

2-2-10

Obama’s Budget Has One Small, Missing Piece…. For $6.3 Trillion Dollars Bailout Recpients Fly Under The Radar While We Remain Exposed `Unemployment rises in most metro areas...`

Deepening Debt Crisis: The Bernanke Reappointment: Be Afraid, Very Afraid Global Research | As the economy deteriorates in the L-shaped “hockey-stick” rut that many economists forecast, what political price will President Obama and the Democrats pay for having returned the financial keys to the Bush Republican appointees who gave away the store in the first place?

Deficits Will Alter U.S. Politics and Global Power NY Times | Obama’s budget predictions for 2019 and beyond draws a picture of a nation that, like many American homeowners, simply cannot get above water. It will dramatically change American politics and American power.

War spending surges in President Obama’s budget Politico | President Obama’s new budget, to be released Monday, forecasts two consecutive years of near $160 billion in war funding, far more than he hoped when elected and only modestly less than the last years of the Bush Administration.

Backdoor taxes to hit middle class The Obama administration’s plan to cut more than $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for middle-class families. Largest-ever federal payroll to hit 2.15 million

The era of big government has returned with a vengeance, in the form of the largest federal work force in modern history.

paulson Says u.s. ‘Close’ to Financial Collapse

CIA Tells Congress al-Qaeda to Attack in Three to Six Months Kurt Nimmo | CIA and FBI offer scary scenarios in order to breathe new life into the flagging global war on terror. Neocon Typically Insanely Says Obama Should Save Presidency By Attacking Iran Steve Watson | Compares notion of Obama bombing Iran to political impact of 9/11.

How Weed Won the West: Marijuana Legalization is a Crucial Issue for the Liberty Movement

Kurt Nimmo | Marijuana legalization — like it or not — is at the forefront of the liberty movement

2-1-10

Risks Lurk for ETF Investors An Ugly Month for Equity Markets 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 …Last week we expressed caution that the risk sell-off that has characterized the month of January was at a tipping point. That point has been broken to the downside and we are now expecting a further unwinding of long risk positions, which should see stocks, commodities and the JPY-crosses (EUR/JPY, AUD/JPY, etc) extend recent declines more aggressively…

Privatize the Gains, Socialize the Losses Dr. Peter T Treadway | Our monetary system — including its domestic and international components — is broken. The Fed – Just One Giant Money Counterfeiter Swiss warn UBS bank could collapse

Obama seeks $33 billion for Afghanistan troop rise White House to paint grim fiscal picture: source The White House will predict a record budget deficit in the current fiscal year and more big shortfalls for the next decade in its upcoming budget proposal, a congressional source told Reuters on Sunday. Goldman Sachs and the $100 million question Goldman Sachs, the world’s richest investment bank, is facing a potential political storm over how much it pays its chief executive, Lloyd Blankfein.

Lack of Cash To Threaten the Equity Rally Obama budget: Record spending, record deficit (AP)

Summers: ‘Statistical Recovery and Human Recession / Depression’ Wall Street Journal RIIIIIGHT! The distinction without a difference…sounds like a plan.

Barofsky’s Winding Road and Fast Car to Economic Disaster Kurt Nimmo | The international banksters now have a green light to proceed.

US is in ‘human recession,’ says Obama adviser Agencies DAVOS: President Barack Obama’s top economic adviser said Saturday the US is experiencing an economic recovery on paper but a “human recession”…riiiiight!…now who writes the papers and why the departure on paper from reality…lies of course!

Ratigan Calls Out Obama On Pushing The Big Tarp Lie MSNBC’s Dylan Ratigan exposes another lie on behalf of the Obama administration.

A Growing Share of Americans’ Income Comes from the Government Financial Armageddon | The share of income accounted for by transfer payments has jumped more than 200 percent. FDIC clocks 15 bank failures so far in 2010 `Roubini Calls Growth 'Dismal and Poor', Predicts Second-Half Slowdown...`

The Sharp Dressed Man Who Aided Mutallab Onto Flight 253 Was U.S. Government Agent Kurt Haskell | There have been so many lies from the U.S. Governemnt attempting to discredit my eyewitness account. They Don’t Own Shovels, Crowbars, or Even Gloves J. Speer-Williams | Homeland Security tells us that 80 percent of our 3,200 port terminals, nationwide, are now operated by foreign companies and countries. Poll: Americans pretty clueless about politics, world Raw Story | Americans’ ignorance about politics isn’t new, but the latest results from the Pew Poll suggest few are really paying attention.

Enemies Of Free Speech Call For Internet Licensing Ailes and Huffington: Two Mockingbird Assets Discuss Glenn Beck Kurt Nimmo | Glenn Beck is a shill for predatory government and a continued looting of the people.

Senate Burglary: CIA Domestic Black-op Team Arrested

Controversial climate change boss uses car AND driver to travel one mile to office… (but he says YOU should use public transport) He is the climate change chief whose research body produced a report warning that the glaciers in the Himalayas might melt by 2035 and earned a Nobel Prize for his work – so you might expect Dr Rajendra Pachauri to be doing everything he can to reduce his own carbon footprint. Climate chief was told of false glacier claims before Copenhagen

`Americans arrested taking children out of Haiti...`PORT-AU-PRINCE (Reuters) - Haitian police have arrested 10 U.S. citizens caught trying to take 33 children out of the earthquake-stricken country in a suspected illicit adoption scheme, authorities said on Saturday, including those with living parents and who protested being taken.

1-29-10

THE COMING MARKET CRASH / CORRECTION S&P Issues a Warning on Japan’s Credit Rating `At Davos, Experts See Dip Ahead...` JANUARY 27, 2010 Experts See Another Global Dip Ahead Davos Attendees Pin Hopes on Emerging Economies, Saying Debt and Deficits Will Trouble U.S.; Sparring Over Bank Rules. THE TWILIGHT OF BEN BERNANKE'S FED Daryl Montgomery “In truth, Bernanke is one of the most incompetent leaders the Fed has ever had. He failed to see the Credit Crisis coming, he failed to react quickly when it did, and when he did he took questionable actions that benefited Wall Street at the expense of Main Street” as did Bernanke's associates, Tim Geithner and Henry Paulson, the current and former Treasury Secretaries, among and with the help of others

IN THE FINAL ANALYSIS, IT’S THE BUBBLE MARKET OVER-VALUATION THAT SUNK STOCKS; THE FRAUDULENT BUBBLE THAT THE WALL STREET FRAUDS COMMISSION AND SELL INTO.

`Regulators shut banks in California, Florida, Georgia, Minnesota and Washington...` WASHINGTON (AP) -- Regulators shut down a big bank in California on Friday, along with two banks in Georgia and one each in Florida, Minnesota and Washington. That brought to 15 the number of bank failures so far in 2010 atop the 140 shuttered last year in the punishing economic climate…

4 Potential ETF Bubbles: How to Cope [much too optimistic since inflation will ultimately be higher (worthless Weimar dollar) and GDP growth lower /declining]…If investors want a 10% return on stocks, then earnings need to increase 8%, with a 3% inflation and 5% annually in real terms. However, earnings usually reflect GDP, which grows around 3% over the long run – a 3% real GDP growth isn’t enough to lift profits 5%. The only solution is a fallback to historic P/Es of about 14, which would require a 29% correction…

Paulson Says Russia Urged China to Dump Fannie, Freddie Bonds … riiiiight! ‘Russia’s the culprit’ says that incisive, objective, truth-seeking financial sleuth of a man paulson who only pretends to be fraudulent wall street man which he has been for his entire life _

A New Approach To Regulating Wall Street Could Be More Than Wishful Thinking The return of Paul Volcker, bailed out banks out of touch, greedy and arrogant and are due for a change, can there be jail time for Wall Street gangsters? (There should be, but don’t hold your breath). Other countries in a fragile economic state, just as ours is, Bernanke bailed out himself, SEC secret files.

Brace Yourself for the Coming Gold Shortage Zero Hedge | A tidal wave of fiat paper currencies is now flooding the world financial system at an increasingly alarming rate.

1-28-10

THE COMING MARKET CRASH / CORRECTION S&P Issues a Warning on Japan’s Credit Rating `At Davos, Experts See Dip Ahead...` JANUARY 27, 2010 Experts See Another Global Dip Ahead Davos Attendees Pin Hopes on Emerging Economies, Saying Debt and Deficits Will Trouble U.S.; Sparring Over Bank Rules

THE TWILIGHT OF BEN BERNANKE'S FED Daryl Montgomery “In truth, Bernanke is one of the most incompetent leaders the Fed has ever had. He failed to see the Credit Crisis coming, he failed to react quickly when it did, and when he did he took questionable actions that benefited Wall Street at the expense of Main Street” as did Bernanke's associates, Tim Geithner and Henry Paulson, the current and former Treasury Secretaries, among and with the help of others. Housing Still a Drag on Economic Recovery Bernanke Confirmed By Fed, Troubles Far From Over Fed chief Bernanke wins 2nd term in closest vote (AP) Despite Role in AIG Bailout, Senate Votes to Reappoint Bernanke Kurt Nimmo | The Senate will reappoint Bernanke and send a message to Wall Street and the houses of international finance — Ben’s OK with us and the greatest heist in history can continue with the support of the Senate. Videos: Geithner Grilled Infowars.com | Bankster and Federal Reserve operative little Timmy Geithner gets roasted for his criminal activities.

In the final analysis, it’s the bubble market over-valuation that sunk stocks; the fraudulent bubble that the wall street frauds commission and sell into:

Yahoo [Briefing.com]: …The latest dose of economic data proved disappointing. Durable goods orders for December increased 0.3%, which was far softer than the 2.0% increase that had been widely expected...Initial jobless claims for the week ended Jan. 23 were down 8,000 week-over-week to 470,000, but that still exceeded the consensus call for 450,000 claims. Continuing claims totaled 4.60 million, which is slightly above the 4.59 million continuing claims that had been expected, but down from the 4.66 million continuing claims total from the previous week…

Game Over for the American Middle Class Cost to taxpayers for illegal medical care is “astronomical” American people misled about financial situation Russia Today Update: Unredacted AIG Schedule A Released And Initial Data Spread It appears that of the roughly 38 Goldman CUSIPs which have data available, there are exactly zero rated A or higher by Moody’s (we ignore the rating from the other rating agency as they apparently have long stopped rating most of these securities). Ex-Govt Lawyers: Iraq War Was Illegal Sky News | “I considered that the use of force against Iraq in March 2003 was contrary to international law.”

WHO Scientist: Swine Flu Pandemic Was “Completely Exaggerated” Steve Watson | International inquiry hears “evidence base is weak”, charges of collusion with drug companies

Meteorologists Agree: Man-Made Warming Isn’t Real Authorities Quietly Reverse Underwear Bomber Official Story Authorities have quietly reversed the official story behind the Christmas Day underwear bomber attack and acknowledged that an accomplice was involved, despite weeks of denial and derision of eyewitness Kurt Haskell’s description of a sharp-dressed man who helped Umar Farouk Abdul Mutallab board Flight 253 in Amsterdam.

Did Leonardo paint himself as "Mona Lisa"? (AP) Watchdog: UK university hid climate data (AP) New T Rex Species Discovered in NY/NJ (LiveScience.com)

1-27-10

The Fed's Anti-Inflation Exit Strategy Will Fail Wall Street Journal Beware Fraudulent Wall Street: Americans Love Obama's TARP Tax (at The Wall Street Journal Online) ‘Stocks spent most of the session mired in moderate weakness, but were able to push higher in the wake of the latest statement from the Federal Open Market Committee (FOMC) (yes, akin to the market frothing statements, many, of no recession). The first FOMC policy statement of the new year came on the eve of a vote to put Ben Bernanke back into the seat of Fed Chairman’ [The Equation]

Qualcomm stock tumbles on cautious forecast (AP) fraudulent wall street back to their “Pavlov dog conditioning ways” of punishing realistic assessments which is exactly what they did on route to last bubble / crash, as corporate frauds are but too happy to accommodate the wall street frauds.

Ron Paul: The Government Wants Inflation, Devalued Dollar

Dem Chews Out Treasury Sec.: 'Stinks To High Heaven'…but does nothing…then there’s the unpaid taxes…they do nothing…then there’s the missing $4 trillion…they do nothing...

American people misled about financial situation Russia Today | New Mexico congressional candidate Adam Kokesh says that without the bailout, some firms would failed, but the potential consequences of such a move have been blown out of proportion.

1-26-10

Record number of young Americans jobless Market Crash as US Policies Continue: Dick Bove MUST READ: JEREMY GRANTHAM’S QUARTERLY UPDATE 25 January 2010 by TPC Jeremy Grantham of GMO has just released his must read quarterly update. He loves the recent Volcker rules (Glass-Steagall-lite), says the Fed is playing with fire and that the market is only worth about 850 on the S&P…Five Supreme Court justices today announced that not only are corporations people and that their money is free speech – this is old hat and a very ugly hat at that – but now, there should be no limit to the money they spend to influence political outcomes. This would be one thing if corporations really were “democratic associations” of humans that the Founding Fathers may have wanted to protect. They are, instead, small oligarchies of top management. Thus, the top management of major oil and coal companies candecide what political outcomes they want to promote, say, unlimited production of carbon dioxide (none of their CEOs apparently has grandchildren!), utterly without any approval of their decisions by the millions of actual owners. The financial power of corporations was already in danger of overwhelming the democratic process in Congress and this makes the damage potentially unlimited and puts the Court’s seal of approval on it…

What Wall Street wants from Obama in State of the Union address Christian Science Monitor Who cares what they want! They’ve been getting what they want for decades…look at the nation’s decline… and THAT’S THE PROBLEM!

Record number of young Americans jobless Reuters | Teenagers have found it significantly harder to get a job since the recession began in late 2007, with black youths and young people from low-income families faring the worst. Bill Gates says U.S. recovery to take years, taxes to rise Why is National Security Being Invoked to Keep Basic Financial Information Secret? Legalize Competing Currencies Much has been made recently about the supposed economic recovery. A few blips in a few statistics and many believe our troubles are all over.

Federal Reserve Moral Hazard Smoking Gun: In August 2008 Goldman Was Willing To Tear Up AIG Derivative Contracts, Offered To Take Haircut As observant readers will recall, a week ago we pointed out a letter in which the New York Fed’s Steven Manzari instructed AIG to stand down on all discussions with counterparties on “tearing up/unwinding CDS trades on the CDO portfolio.”

Candidate Obama Called President Obama’s Spending Freeze A “Hatchet Job” In the upcoming State of the Union address, president Obama will propose a three-year freeze on federal funding not related to national security, a policy that will barely dent the national deficit and one that John McCain proposed, and then-Senator Obama rubbished, less than eighteen months ago.

What’s Really Going On In Haiti? Chuck Baldwin | There are many things that do not add up regarding what is going on in Haiti. Potential False Flag Attack To Be Blamed On Muslims Foiled A possible false flag terror attack to be blamed on Muslims has been foiled after a Navy vet was busted with a grenade launcher, assault rifles and hundreds of rounds of ammunition, as well as Arab headdress, in New Jersey yesterday. Initial media reports speculated that the man was planning a terrorist attack on a U.S. military base in the area. Oliver Stone Says Banksters “Enabled” Hitler and the Nazis Kurt Nimmo | Short of telling the whole story, Stone’s documentary will be little better than the version of history offered by the establishment and the corporate media and publishers. Internet companies voice alarm over faciste italian law Obama Administration Orders World Bank To Keep Third World In Poverty | More starvation and death guaranteed by blocking poorer countries from building coal-fired power plants. Please Send This Letter to Your Senators in Opposition to the Bernanke Nomination Webster G. Tarpley | I am writing to urge you to vote against the confirmation of Ben Bernanke for a second term as Chairman of the Board of Governors of the Federal Reserve System.

`China's pet lovers seek ban on eating cats – what an uncivilized society that such a ban is even necessary...`

Israel says no to Gaza inquiry Associated Press JERUSALEM: Israel will not set up a special panel to investigate last winter’s Gaza offensive, a Cabinet minister said Tuesday, rejecting a key demand of a UN report that accused the military of war...

DRUDGEREPORT: South Korea returns fire from North...TO THE RESCUE: NEW AND IMPROVED OBAMA…riiiiight!…(displays picture of wobama in mighty mouse costume)! Yes, when there is wrong to the money right, mighty mouse wobama will join the fight with might, on the sea and on the land, he keeps the teleprompters well in hand !!!

THEY OWE: $12,245,872,000,000'Populist' Obama stands firm on Bernanke...
Sees Geithner staying on...

Uses Teleprompters During Speech at Elementary School...
Would 'Rather Be Really Good One-Term President'…riiiiight!…sounds like a plan...

December home sales down nearly 17%; Largest monthly drop in more than 40 years... Poverty rate hits 17.5% in Nashville...

Banks shut in FL, MO, NM, OR, WA...
Dow Suffers Worst Week Since Last March...

RASMUSSEN: Obama Approval Index: -18 Strongly Approve 25% Strongly Disapprove 43% Total Approval: 45%

NOONAN: Voters went for Mr. Obama thinking he was not a Nut...
Buchanan asks: Has Obama lost white America?
The Incredible Deflation of Barack Obama...

Movie made by chimpanzees to be broadcast on TV...

Britain's terror threat level raised to 'severe'...

'AVATAR' replaces 'TITANIC' in record books...

1-25-10

Sliding Back Into the Great Recession [this is a rather mild if not optimistic assessment inasmuch as it relies upon and inappropriately lends greater credence to Leading Economic Indicators index which is skewed to the upside owing to the overvalued bubble stock market component thereof and he himself has some long positions which are contraindicated by reality – but charts and data are always helpful as here provided] Great Recession Continues Infowars.com | Mort Zuckerman of U.S. News & World Report explains why we’re still in the “Great Recession.” `December home sales down nearly 17%; Largest monthly drop in more than 40 years…stocks rally on the worse than expected news... Poverty rate hits 17.5% in Nashville...`

The ‘Stimulus’ Failed to Help the Economy Campaign for Liberty | When Congress was debating President Obama’s proposed “stimulus” last year, two of the watchwords for the near-trillion-dollar boondoggle were “jobs” and “shovel-ready.”

SEC mulled national security status for AIG details…riiiiight!…sounds like a plan

Banks shut in FL, MO, NM, OR, WA... Sliding Back Into the Great Recession Yearning for Glass-Steagall on Capitol Hill (at The New York Times) Ericsson to cut 1,500 more jobs as profit plunges (AP)

Will New Rules Tame the Wall Street Tiger? Tiger? Don’t disparage the Cats. Call them saber-tooth tigers if necessary to reflect their extinct status since fraudulent wall street will never be the same, which is a good thing, if people have courage. Wall Street Journal - Jason Zweig - Jan 22, 2010President Obama's proposal this week to restrict the size and scope of banks, effectively reviving the Depression-era Banking Act, or "Glass-Steagall," is certainly good politics. Bank plan highlights Volcker's new clout Reuters Wall Street's $26m lobbyists gear up to fight Obama banks reform The Guardian

TARP overseer: The banks ‘will own all of us’ without reform The head of the Congressional Oversight Panel created in 2008 to oversee the TARP bank bailout says that President Obama’s proposal on Thursday to limit both the size of the major banks and the risks in which they can engage is “very important.”

Gordon Brown to push for ‘Tobin tax’ after Wall Street crackdown Gordon Brown plans to exploit Barack Obama’s surprise crackdown on Wall Street banks to step up Britain’s campaign for a new global transaction tax on financial products.

Mobilize Now to Oust Bernanke as Fed Chair Webster G. Tarpley | Mobilize to turn of the tide against Wall Street in the struggle to decide who will pay for the current depression — the people or the bankers and hedge fund hyenas. Fed E-Mail to Geithner Cites Bank Benefit From AIG Use of National Security Book Cooking Exception Not Looking So Paranoid After All

Gov. Perry Confronted on Texas Gun Shows Shut Down Kurt Nimmo | The people of Texas only have one viable candidate for governor — Debra Medina, who is a staunch defender of the Second Amendment and the Bill of Rights. Dead Osama Warns of Imminent Attack in Latest IntelCenter Fabrication Kurt Nimmo | The IntelCenter is painfully aware that anybody who pays attention understands Osama is dead. Bin Laden’s Impeccable Timing Boosts Obama Ahead Of SOTU Address … do you feel afraid? Dependent? The rallying cry from the dumbya bush days here again! The “Hope for Haiti” Telethon Scam Anthony Gucciardi | It takes a lot of disdain for the human race to use a catastrophic event such as the earthquake in Haiti to peddle people out of their hard earned dollar.

The Obama Brand: Feel Good While Overlords Loot the Treasury and Launch Imperial Wars Brand Obama now Wobama. We’re being duped into doing a lot of things that are not in our interest. Warmongering vs. the Sanctity of Life

NSA beats warrantless wiretap rap A Federal judge has dismissed a complaint against the National Security Agency’s (NSA) Bush-era warrantless wiretapping programme, prompting suggestions the US government is now able to mount mass surveillance operations unhindered by the courts or constitution.

Watchdog groups warn: ‘Corporate globalization’ of US elections is upon us The Supreme Court may have ruled in Citizens United v. Federal Election Commission days ago, but the decision’s shockwaves are still rippling across American democracy.

Obama checks on Bernanke prospects, senators say secure U.S. President Barack Obama called lawmakers on Saturday to check that Federal Reserve Chairman Ben Bernanke had enough support for a second term and two key senators said the nomination was on track.

1-22-10

Unemployment rose in 43 states last month (AP) Economic Black Hole: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover The Economic Collapse | Even though the U.S. financial system nearly experienced a total meltdown in late 2008, the truth is that most Americans simply have no idea what is happening to the U.S. economy. Banks already finding ways around Obama financial reforms Raw Story | On the same day that President Barack Obama announced an ambitious plan to reform the US financial system, bankers at the largest Wall Street institutions indicated that they are already finding ways around the proposed changes.

The coming depression… thecomingdepression.net

You Can’t Both Support the Troops and the Constitution TruthAlliance | The Constitution states that no one other than the Congress can declare war, yet billions of dollars of tax payer money and bodies are continually being fed to these undeclared and out right unconstitutional wars.

Ron Paul Warns Of Coming “Social And Political Chaos” Texas Congressman Ron Paul has delivered a riveting “State of The Republic” address on his Campaign for Liberty website, orating his thoughts on where the U.S. stands as a nation and what the future holds.

Communism and the Obamatrons: Beck Only Tells Half the Story Kurt Nimmo | Beck leaves out the most salient and important fact about Stalin and Mao: they were funded and supported by Wall Street. NASA Global Warming Alarmist Endorses Book That Calls For Mass Genocide

Intel Boss Says Terror Interrogation Unit Will Be Used Domestically Washington Post | The intelligence chief said the interrogation group was created by the White House last year to handle overseas cases but will be expanded now to domestic ones. TSA Admits Placing Cocaine In Woman’s Luggage Philadelphia Inquirer | What happened to her lasted only 20 seconds, but she says they were the longest 20 seconds of her life.

APD Releases Official Explanation of Gun Shows Shut Down Kurt Nimmo | It is now obvious the shut down of Texas Gun Shows is part of a larger effort by the Obama administration to close down gun shows and deny the American people their right to buy and sell firearms. Obama Justice Department Decapitates Gun Industry: FBI Arrest 21 Gun Industry Executives in Las Vegas to Attend Gun Show Illinois Gun | Individuals arrested are executives and employees of military and law enforcement products companies that were in Las Vegas to attend the 2010 Shooting, Hunting, Outdoor Trade Show. Only criminals have their self-proclaimed right to bear arms.

1-21-10

Stocks slide as Obama calls for tougher bank rules… riiiiight! tougher rules the culprit…laws against fraud… all things that militate against overvalued bubble-market which is fraudulent wall street’s now familiar churn-and-earn fraudulent pattern like termites eating away at america’s foundation …Fraudulent wall street’s attempts to condition Washington to favor their frauds with such pullbacks must be ignored as their self-interested computerized programmed commissioning scams have no economic benefit to anyone but themselves with but a very small fraction of what wall street does a net positive in real economic terms…most people, including on capital hill, don’t understand this fundamental economic principle/reality… All the data this day was realistically negative with unemployment up and manufacturing index down (AP) Jobless Claims Rise in Latest Week Wall Street Journal | The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week. Senate Proposes Increasing U.S. Debt Limit to $14.3 Trillion The U.S. debt limit would be raised by $1.9 trillion to $14.29 trillion under an amendment proposed in the Senate. Unfunded Benefits Dig States’ $3 Trillion Hole: Orin S. Kramer Everyone seems to know the current path of federal fiscal policy is a deathtrap over the long term. What’s peculiar is the relative inattention to the balance sheets of state and local governments.

1-20-10

Bank of America Posts Loss After Firm Repays Bailout Bank of America Corp., the largest U.S. lender, posted a quarterly loss and its first full-year deficit in more than two decades, driven by the cost of repaying U.S. bailout money and defaults on consumer loans. US Does Not Have Capitalism Now: Stiglitz Layers of money managers that don’t bear the brunt of losses but walk away with big payouts when things go well have turned the US economy to a type of “ersatz capitalism,” Joseph Stiglitz, Columbia University professor and Nobel laureate, told CNBC Tuesday. `2009 Airline Revenue: Worst Plunge Ever...` `Russia diversifies into Canadian dollars; Moving away from USA...`

Democrats propose $1.9 trillion increase in debt limit...

Color it Red: State Budget Gaps Financial Armageddon

Brown Election Victory A Direct Response To Obama’s Broken Promises Scott Brown’s election victory in Massachusetts represents a direct response to the false promises of hope and change made by president Barack Obama and could pave the way for meaningful change in 2012. Scott Brown Election Win A Massive Rebellion Against Big Government Scott Brown’s stunning underdog victory over Democrat Martha Coakley to become Massachusetts’ next U.S. Senator is a crushing blow for the Obama administration’s big government agenda – not because Brown has an R next to his name, and not because of Judas goats like Glenn Beck who will attempt to hijack genuine populism once again – but because his victory was thanks to the 51% of Independents who are now the majority in the state.

1-19-10

We Have Reached the Top of the Stock Market (Charts/Analysis/Article) Marketwatch: U.S. stocks held their gains following the release of the home builders' sentiment index, which declined in January as industry leaders remained concerned about the poor job market and the continuation of home foreclosures. Read more about the sentiment survey. It’s Time to Sell the Market… (Why wait till too late?) … This means closing out some longs for a profit, or at least taking some money off the table. This also means considering what one would do if stocks were to stage a significant reversal. The fact that corporate insiders are selling their stakes in record numbers and that fewer and fewer investors are participating in this rally makes a massive reversal probable rather than possible this year!... Record 3 million homeowners plagued by foreclosure `CITIGROUP posts $7.6 billion loss…stock rallies...` 200 Bank Failures Expected in 2010 Money & Markets | Washington has so thoroughly botched its supervision of the banking industry that 200 banks are likely to fail this year — already costing the FDIC ten times more than the great S&L and banking crisis of the 1980s did. China Inflation May Quicken, Hurting Banks, Utilities, BNP Says Bloomberg | China’s inflation rate may accelerate to as high as 8 percent this year, hurting banking, utility and phone stocks, according to BNP Paribas.

1-15-10

Wall St stumbles on JPMorgan, economic data (Reuters) Stocks post worst one-day drop of 2010 Real-Life Monopoly Money Still Better Than Ever More Worthless Weimar Dollar (Tough Customer) JPMorgan investment bankers to see record payday ‘Significant chance’ of second financial crisis, warns World Economic Forum Now nation’s true jobless rate is closer to 22% The Future Reserve Currency Is the Euro: Strategist The euro will become the world’s favorite reserve currency because Europe has a better growth strategy than the US, David Roche, global strategist at Independent Strategy told CNBC.

AMERICA’S FINANCIAL COLLAPSE INEVITABLE!

Fake gold bars in Bank of England and Fort Knox Pakistan Daily | A recent discovery — in October of 2009 — has been suppressed by the main stream media. I personally believe this to be true, and worse.

JPMorgan loan losses overshadow higher Q4 profit (Reuters) - Reuters - JPMorgan Chase & Co reported deep losses on mortgage and credit card loans in the fourth quarter, damping hopes that consumer credit is on the mend.

Obama’s bank tax is chump change – Celente The tax on banks proposed by Washington guarantees Wall Street $US 4 trillion which means top banks will keep playing the same game in the future, economic trend forecaster Gerald Celente warned.

Sunstein Attacks Second Amendment Kurt Nimmo | In order to gain confirmation last year, Cass Sunstein lied about his views on the Second Amendment. It’s Official: A Majority Of Americans Would Give Up Liberty In Order To Be Safe From Terrorism Obama’s Favorite For Supreme Court Justice Sunstein Wants To Ban Guns, Free Speech Meet Mikey Hicks, 8 years old: U.S. has him on watch list

Insurance Group Says Stolen E-Mails Show Risk in Accepting Climate Science

Food security collapses in Haiti as machete-wielding gangs fight in the streets Overnight, Haiti has gone from an organized, civil nation to a scenario of total chaos with gangs running wild through the streets, ransacking shops and fighting over food with machetes.

1-14-10

December Retail Sales Drop .3 Percent, 2009 Sales See Biggest Drop In 27 Years How nation’s true jobless rate is closer to 22% Retail sales fall unexpectedly, jobless claims up (Reuters) Negative data spurs market rally … riiiiight! `New jobless claims rise 'more than expected'...` `Retail sales drop in December; Sales for all of '09 plunge by record amount...` `Record year for foreclosures...`… retail sales for December decreased 0.3%, which was weaker than the 0.5% increase that had been expected. Sales less autos decreased 0.2%, but that was also worse than the 0.3% increase that many had forecast. Fed's balance sheet liabilities hit record (Reuters) Bonus Comeback: Bailout, lobbying boost bank pay (AP) Obama proposes bank fee, slams Wall Street – talk about both sides of your mouth… (Reuters) intel monopoly beats wall street revenue target fueling dot com bubble hopes (Reuters) Goldman admits ‘improper’ actions in sales of securities Jon Stewart: “The Only People Who Have Recovered From The Meltdown, Are Those Who Caused It”

New jobless claims rise 'more than expected'... Retail sales drop in December; Sales for all of '09 plunge by record amount... Record year for foreclosures...

Dollar Crisis Looms as US Doesn’t Curb Debt Reuters | The United States must soon raise taxes or cut government spending to curb its debt.

Majority Would Vote Against Obama Obama Information Czar Calls For Banning Free Speech Climategate Scientist Received Over Half A Million From Obama Stimulus Package If Government Won’t Break Up the Giant Banks, Let’s Do It Ourselves Meet Mikey Hicks, 8 years old: U.S. has him on watch list

1-13-10

Stock-fund investors haven't recovered from crash with new crash on the horizon …h Barons of Wall Street concede failures, defend pay … what do they expect the wall street frauds to say…that they foisted/sold/commissioned worthless paper knowingly without fear of prosecution (which is true) owing to america’s pervasively corrupt illegal system where bribes, one way or another, are pervasive as is corruption in the prosecutorial/judicial process, viz., all three branches of the u.s. government. Getting paid to defraud…only in america (Reuters) Barons of Wall St concede failures; no apology. Barons? wall street’s a joke! They’re just common frauds. Is congress playing that dumb regarding the churn-and-earn high frequency trade programs? (Reuters) U.S. Trade Deficit Grows as Imports Climb WSJ | The U.S. trade deficit widened in November, as rising imports to the U.S. outstripped export gains.

Drumbeat to Boot Geithner Gets Louder, on Eve of Hearings on Disastrous Economic Crash Geithner acts like a stalking horse for the people responsible for the meltdown. It’s time to say sayonara, and appoint someone who has the people’s interests at heart.

Less Than a Tenth of Bank Of America’s Assets Comes From Traditional Banking Deposits I have long pointed out that the too big to fails make very little of their money off of traditional depository functions. Converting 401k and IRA Funds Into “Steady Payment Streams” Last May, I wrote about the rumor that the Obama administration might seize funds from American’s 401k and IRA accounts.

1-12-10

US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts Reducing Economic Growth Reinhart and Rogoff also make it clear that the larger the ratio of external to internal debt, the greater the drag on economic growth. Darrell Issa On AIG: “The American People Deserve Somebody’s Head On A Platter” Zero Hedge | “If not Tim Geithner then who?” The Ultimate Shell Game: The Federal Reserve Funds 91% Of 2009 U.S. Deficit Zero Hedge | In calendar (not fiscal) 2009, the US grew its budget deficit by $1.47 trillion. In the same time, the Federal Reserve grew its securities holdings from $500 billion to $1.85 trillion, a $1.34 trillion increase. Federal Reserve makes record $52.1bn profit BBC | The Federal Reserve made a profit of $52.1bn (£32.2bn) in 2009, a rise of 47% over the previous year.

Joseph Stiglitz says that Wall Street is hyping up the economy to sell more stock.

A Warning Sign for the VIX …Unfortunately, it wasn't until after the close that I looked at the VIX/VXV ratio. Depending on how you look at it, that metric hit its lowest level since May 2008, or its lowest level over the last 2 years. Either way, the lows in this ratio have come at market tops--in December 2007, May 2008, and August 2008. It did hit a higher low back in July of 2009 but was driven lower than that level yesterday.

1-11-10

America slides deeper into depression as Wall Street revels December was the worst month for US unemployment since the Great Recession began. STIMULUS WATCH: Unemployment unchanged by projects (AP) Ron Paul: Geithner Should Be Fired Over Bankergate Congressman Ron Paul has called for Treasury Secretary Timothy Geithner to be fired for his involvement in the AIG bailout scandal, adding that the fiasco proves the Fed should be stripped of its powers and audited. Bankstergate and Business as Usual: Geithner’s Cover-up of the AIG Bailout Kurt Nimmo | Geithner is part of the master plan to bankrupt the nation and fork over the remains to the banksters and transnational corporations. Wall Street Will Be Back for More Chris Hedges | They play their games of high finance as if the rest of us do not exist. And it is a game that will kill us. Bankergate: Emails Expose Criminal Financial Dictatorship At Work Explosive emails released last week could see Treasury secretary Timothy Geithner become embroiled in criminal charges for his role in a cover up that exposes the monumental criminality behind the $182.3 billion bailout of American International Group Inc. The Disposable Worker BusinessWeek | Pay is falling, benefits are vanishing, and no one’s job is secure. How companies are making the era of the temp more than temporary. The Military-Industrial Complex is Ruining the Economy Everyone knows that the too big to fails and their dishonest and footsy-playing regulators and politicians are largely responsible for trashing the economy.

1-8-10

Employers slash jobs in December which unexpected bad news rallies stocks…riiiiight! Reuters | U.S. employers cut 85,000 jobs in December, confounding expectations the labor market was finally stabilizing and piling pressure on President Barack Obama to spur job growth. U.S. Job Losses in December Dim Hopes for Quick Upswing The United States economy lost more jobs than expected in December, tempering hopes for a swift and sustained recovery from the Great Recession. Europe’s Jobless Rate Unexpectedly Hits 11-Year High Europe’s unemployment rate unexpectedly increased to 10 percent, the highest in more than 11 years, as companies cut costs in the wake of the worst recession in more than six decades.

US job loss report is blow to still-fragile recovery Washington Post - Neil Irwin, Annie Gowen - The job market remained in a deep funk in December, according to a government report Friday showing that employers view the economic recovery as too weak and too fragile to begin hiring again on any large ... Shrinking US Labor Force Keeps Unemployment Rate From Rising BusinessWeek - Bob Willis, Courtney Schlisserman - Jan. 9 (Bloomberg) -- An exodus of discouraged workers from the job market kept the US unemployment rate from climbing above 10 percent in December, economists said.

Drudge: Big Sis Wants to See Under Your Clothes Kurt Nimmo | Noted conservative website hits the nail right on the head. Children At Most Risk From Pedophiles In Government With the Bureau of Justice Statistics now reporting that children are at most risk from pedophiles when in government custody, it’s no surprise that TSA “Gods” are licking their lips at the prospect of ogling your naked daughter’s body at airport screening checkpoints. Mind Reading Machines: The Next Step If We Accept Naked Body Scanners Steve Watson | Incremental erosion of freedom will ensure victory for terrorism. International war criminal/nuke scofflaw israelis Propose Absurd Mind Reading Technology at Airports Kurt Nimmo | Not only does the government want to see your naked body in full, living color, they also want to read your mind. How preposterous and chilling is this notion when they can’t even connect real dots and would postulate intent to commit crimes and prosecute/persecute on convenient speculation.

Praise For Lee And Jackson Chuck Baldwin | Freedom-loving Americans in this generation may need to awaken to the prospect that — in order for freedom to survive — secession may, once again, be in order. They’re mad as hell and ain’t goin’ to take it any more.

1-7-10

Willem Buiter warns of massive dollar collapse The long-held assumption that US assets – particularly government bonds – are a safe haven will soon be overturned as investors lose their patience with the world’s biggest economy, according to Willem Buiter 7 million lost jobs: Gone forever CNN | Economists don’t expect the employment picture to significantly improve anytime this year — or over the next few years for that matter Geithner’s New York Fed Told AIG to Withhold Details on Bailout Bloomberg | The New York Fed took over negotiations between AIG and the banks in November 2008. This Is The Government: Your Legal Right To Redeem Your Money Market Account Has Been Denied

Broker Bl St views lift Dow, S&P; Nasdaq flat (Reuters) …Goldman Sachs is being sued by a shareholder who alleges that the company’s possible pay out of $16.7 billion in bonuses is a “waste” of assets. The lawsuits brought by Goldman shareholder Ken Brown of Illinois, alleges that Goldman’s bonuses amount to a “breach of duty and loyalty,” according to Bloomberg. In his suit, Brown called Goldman’s recent curbs on compensation to its top executives were merely “cosmetic.”… Geithner’s New York Fed Told AIG to Limit Swaps Disclosure Wall Street Poltergeist: The return of Robert Rubin Mike Whitney | It looks President Moonbeam is marching in lockstep with the rest of the scalawags. `OBAMA APPROVES TAX ON HEALTH PLANS...` Tiny tim geithner “Protects America From Itself” By Forcing Elimination Of Material AIG Disclosure

Admitted: Airport Body Scanners Provide Crisp Image Of Your Genitals As part of the gargantuan fraud being peddled by the corporate media in service of the government’s agenda to subject everyone to degrading naked body scans in airports Cell Phone Radiation Is Actually Not Bad For Us Now, It Prevents Brain Disorders Marco Torres | Next they’ll be telling us that cell phone radiation can increase your income, boost your love life and make you fly. `POLL: France best place to live in world; usa and britain drop to #s 7 and 25...`

Agenda 21 Alert: Obama’s $250 Million Plan to Brainwash Your Children

1-6-10

Severe unemployment worsens in cities The number of U.S. metropolitan areas with jobless rates above 15% increased in November, according to government figures released Tuesday, despite the biggest one-month drop in the national rate in more than three years. What Do the Pending Home Sale Numbers Mean? The report released today by the National Association of Realtors (NAR) on pending home sales shows that housing is down. US Avoids Technical Default By Three Days On December 24, the Senate passed a vote by a razor thin margin (with not a vote to spare) to raise the Federal debt ceiling from $12,104 billion to $12,394 billion. `FED FEARS OVER HIGH UNEMPLOYMENT...`

1-5-10

Personal Bankruptcy Filings Rising Fast Ron Paul: Keynesianism Delivers a Decade of Zero Ron Paul | This past week we celebrated the end of what most people agree was a decade best forgotten. New York Times columnist and leading Keynesian economist Paul Krugman called it the Big Zero in a recent column.

Richard Clarke: Detroit Patsy Incident What We Need to “Get Over” Privacy Fears Kurt Nimmo | Former Clinton and Bush bureaucrat predicts more intrusive devices within a year. Military-Industrial Complex Set To Make A Killing From Body Scanners

`DRUDGEREPORT: Americans' job satisfaction falls to record low...`

`Bankruptcy Filings Increase 32%... PAPER: How America is losing the free world...AIRPORTS ABROAD IGNORE OBAMA DEMANDS'Obama effigy' found hanging in Georgia... Gang signs overtake Chicagoland...`

1-4-10

`Bankruptcy Filings Increase 32%...` U.S. growth prospects deemed bleak in new decade Reuters | A dismal job market, a crippled real estate sector and hobbled banks will keep a lid on U.S. economic growth over the coming decade. Worthlessly Weak Dollar Lifts Gold Above $1,100 This Is The Government: Your Legal Right To Redeem Your Money Market Account Has Been Denied The next economic perfect storm – should start mid February U.S. Loan Effort Is Seen as Adding to Housing Woes New York Times | Some economists and real estate experts now contend it has done more harm than good. The Government Misrepresenting Unemployment By 32%? There is an old saying, “when in doubt follow the money.” These days investors have lots of doubt about pretty much everything (if not so much money). The Dollar is a Ponzi Scheme? While it is (comparatively) well-known that the US dollar, while a currency, is a solely an instrument of credit issued by the Federal Reserve, all holders of dollars – including myself and most readers of this article – are in debt to the Federal Reserve. Robert Rubin: All Hell To Break Loose Because of the Huge Government Debt Economic Policy Journal In a panic state, there will be a dramatic hike in taxes, including possibly a national sales tax or VAT.

12-31-09

Stocks to struggle with less government support america lost its edge in the global market A new year, a new bubble Wall St closes out '09 with best gains since 2003 and we all know what happened after that last suckers’ bubble/scam/fraud (Reuters) China Shanghai up 80%, Hong Kong 50%, Japan 19%, Europe 20-25% UN to produce bullion coins as world currency GATA sues Fed to disclose gold market intervention records Economist: Health Care Bill “Is Just Another Bailout Of The Financial System” No Jobs for Ten Years… The decade ahead could be a brutal one for America’s unemployed – and for people with jobs hoping for pay raises. A Hell of a Decade In its recent look back on the first ten years of the century, Time Magazine proclaimed the period to be “the decade from hell.” 20 million-plus collect unemployment checks in '09... Taxpayers to Lose $400 Billion on FANNIE, FREDDIE... Federal Reserve Officials Discuss Limited Bond Sales to Help Exit Stimulus... Peter Shiff: Economic collapse in near future / 2010, coming decade worse than past decade Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our debt problems are worse. This is classic empire decline. Argentina was not even an empire. We’re fighting wars in foreign countries as we are depleting the Treasury .…That’s why we are calling it: Breaking Point 2010!”

11-23-09

The ‘Real’ Jobless Rate: 17.5% Of Workers Are Unemployed The Biggest Rip-off of All Time ‘End the Fed’ rally: Where did our money go? JPMorgan Chase Bankster Dimon Mentioned for Treasury Post Gold hits record high past $1,165 per ounce

$50 Trillion Loophole In Derivatives Reform Bills Wells Fargo Says It Doesn’t Have to Reserve Against Its Off-Balance Sheet Residential Exposure Because the FHA (Meaning the Taxpayers) Will Pay For It

Hong Kong warns of bubble, does nothing

Beginning Fourth quarter with Eventful November archive 2009

Beginning Fourth quarter with Eventful October archive 2009

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)…

Angry Government Employees Protest Lay Offs

U.S. Army Ready If The Downturn Gets Out Of Hand

Russia to raise nuclear missile output fourfold

Russian probe accuses Georgia of genocide in conflict

Russia orders 70 strategic nuclear missiles by 2011: report

Russia, China warn of dire economic straits in 2009...
Russia to raise nuclear missile output fourfold; More tanks, ships and planes...
Beijing Considers Upgrades to Navy...

Existing home sales plunged to a rate of 4.49 million last month, down 8.6 percent from October, and worse than economists predicted. Total sales, not calculated as an annual rate, fell 17 percent in November from a year earlier to 322,000, sales of newly built homes fell 2.9 percent from October to a pace of 407,000 units, the slowest rate in nearly 18 years. Madoff investor found dead of suicide. Standard & Poor's lowered the unsecured debt rating of General Motors (GM 3.01, -0.51) to C from CC, even though the government plans to provide GM with financing and Moody's lowered Ford's (F 2.19, -0.40) credit rating to Caa3. Final third quarter GDP data showed economy contracted at an annualized rate of 0.5%, unchanged from the prior reading though personal consumption component was down 3.8%.

IMF warns of Great Depression
100% chance of depression in US
Depression Hits Detroit: Average home price $18,513 - Unemployment rate 21%
U.S. Home Resales Fall; Prices Drop by Record 13.2%
Congressman: “If We’re Not Very Lucky Or If We Don’t Do Everything Right, We Could Easily Have A Ten- Or Fifteen-Year Depression”

French Madoff investor found dead in NY office
No Christmas cheer as recession/depression gathers steam
Wall Street stumbles on economic data, retail anxiety (Reuters)
Dow falls for 5th straight session on grim data
Economy and housing sales post declines

FDNY Lieutenant Admitted Plan To ‘Take Down’ WTC 7
International criminals There is pressure building on the incoming Obama Justice Department to somehow adjudicate the war crimes committed by the George W. Bush administration, starting at the top. The political problem is that these crimes also implicate leading Democrats, thereby rendering true justice nearly impossible.

CIA warned Condi on Niger claim A high-ranking CIA official warned Condoleezza Rice in September 2002 that allegations about Iraq seeking yellowcake uranium from Niger were untrue and that she, as national security adviser, should stop President George W. Bush from citing the claim in making his case against Saddam Hussein’s regime, according to new evidence released by a House committee.

Credit crunch Britain must learn the lessons of Nazi Germany, warns Archbishop The Archbishop of Canterbury has risked new controversy after he appeared to draw parallels between Gordon Brown’s Government and the Nazis.

One-state solution gains supporters

`Obama wants Bush war team to stay...`
`...Gates to keep most Bush appointees`

`Barney Frank: Obama 'Overestimates' Ability to Charm ...`

Housing crisis worsens as economy weakens

Japan recession deepens, China cuts rates

Great Recession/Depression of 2008, et seq., Worse Than All Others

After Hours: GM, Ford ratings cut; CIT Group shares jump on more wall street bailout hype with hopes for taxpayer funds for nothing up nearly 8%

AP Impact: Wall Street still flying corporate jets; indeed, with all the bashing of auto rank and file employee pay, the reality is that american executives, among the least able, least talented in the world, along with fraudulent wall street are grossly overpaid and far exceeding that of their far more able foreign counterparts (AP)

Where'd the bailout money go? Shhhh, it's a secret (AP) AP - It's something any bank would demand to know before handing out a loan: Where's the money going? But after receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending the money or they simply refuse to discuss it.

AP study finds $1.6B went to bailed-out bank execs

Ratings Agencies Play Reality With Multiple Downgrades in Banking Sector (at Seeking Alpha)
Archbishop warns of dangers with economic dogma...
Sees parallels in new politics and Nazi Germany...

Cheney: We Asked If We Needed Approval For Wiretapping, Congress Told Us ‘Absolutely Not’

Obama & Biden Make Big Mistake in Protecting Bush Administration Criminals

Mike Connell was warned not to fly before plane crash WMR | WMR has learned from our Ohio sources that five threats against Connell were conveyed to the election fraud plaintiff attorneys with the last tip being “Connell is in danger.”

Where’d the bailout money go? Shhhh, it’s a secret AP | After receiving billions in aid, the nation’s largest banks say they can’t track exactly how they’re spending the money or they simply refuse to discuss it.

World faces “total” financial meltdown: Bank of Spain chief AFP | The governor of the Bank of Spain issued a bleak assessment of the economic crisis, warning that the world faced a “total” financial meltdown unseen since the Great Depression.

IMF warns of ‘disturbing’ UK debt BBC | Public debt has risen to £650bn, 44.2% of UK gross domestic product. Consumer debt is more than £1.4 trillion.

Hedge funds gain access to $200bn Fed aid Financial Times | Hedge funds will be allowed to borrow from the Federal Reserve for the first time under a landmark $200bn programme intended to support consumer credit.

Obama will not prosecute Bush and Cheney for 9/11, war crimes Joseph Lopisi | Mark my words. Obama will not hold the Bush administration liable for violating the Constitution or for crimes including treason, 9/11, financial fraud, mass murder and war crimes.

US military ‘to defy’ Iraqi pact Gareth Porter | U.S. military leaders and Pentagon officials have made it clear that they plan to violate a central provision of the withdrawal agreement by reclassifying combat troops as support troops.

Madoff: “I’m very close with the regulators.”

Ex-Israeli Gen.: war criminal nation israel can’t defeat Iran

Mike Connell was warned not to fly before plane crash

Video: Crash Will be Worse than Great Depression Infowars | Interview with economist Nassim Nicholas Taleb and mathematician Dr. Mandelbrot who predict a depression far worse than anything we have ever seen.

Banks Keep Mum on What they Did with Bailout Cash

Rice: Obama will likely continue Bush’s failed approach to foreign policy despite promised change. Could he be that dumb? If so, then wobama y

Bush Insider Who Planned To Tell All Killed In Plane Crash, Non-Profit Demands Full Federal Investigation

cheney, Mr. Dead-Man-Walking, along with dumbya bush are at once the biggest jokes and the most destructive (of america and other nations, globally) purveyors of incompetence, decline, war crimes, etc., in american history and who should be in jail, is in no position to mock Biden or anyone else for that matter...

China blocks Internet access to New York Times

Senate-for-sale case threatens new chief of staff jewmanuel f

Gaza violence: israel at it again

Israel threatens major offensive against Gaza...
Egypt warns...

Closely Watched Hedge Fund Seen Cutting Back on Stocks

Get Ready to Scrimp and Save, Says Economist Shilling

Nazi Economics LewRockwell.com | Nearly every day brings new reports of the collapse of a large financial institution or the impending bankruptcy of a major company. Ron Paul: Fear Based Bailouts Constitute Economic Terrorism Steve Watson | Rep. Ron Paul has warned that fear-based politics are being used to promote the bailout culture in the same way they were used to sell the Iraq war.

He Saw the Crash Coming: What Gary Shilling Sees for 2009 Yes, he’s using the d for depression word so If video unavailable, here for avi rendering.

Rogers: The Incompetent Senile and Vegetables Have Turned A Recession Into A Depression

SCROOGE BIDEN: ECONOMY IS 'ABSOLUTELY TANKING'

SWINDLER'S LIST: Gov't Toughens Bail Conditions For Madoff...
CONGRESS GIVES ITSELF RAISE FOR JOBS POORLY DONE AND CAUSING NATIONAL AND GLOBAL DISASTER...

kissinger is Clearly Senile and Calls For New International System Out Of World Crises

Lebanon says israeli provocateurs invade Southern Lebanon and Take as hostages two
Lebanese men (AFP)

SWINDLER'S LIST: Gov't Toughens Bail Conditions For Madoff...

Anti-Semitism floods Internet...

JP Morgan CEO and Citi's Rubin won't seek bonuses; figure why press their luck/fraud/incompetence; they’ve stolen enough: report (Reuters)

A Most Desperate Move by the Fed

Dollar’s Slump Erases Months Of Solid Gains

“The Biggest Bubble Of All . . . U.S. Government Debt”

Video: Crash Will be Worse than Great Depression

U.S. Stocks Fall on Concern Fed Is Running Out of Ammunition

Career Army Officer Sues Cheney, Rumsfeld For 9/11 Complicity

Olbermann: ‘The president is just full of crap’

Book: Tenet drunkenly mocked Bush neocons, right-wing Israelis

Dick Cheney’s fantasy world

Cheney Lauds Obama Security Team; thats not a good thing

Psy-Ops in the Nick of Time

Assaults on border agents increase

PAPER: Rham Emanuel talked directly to Blago... Developing...

Pakistanis stage massive anti-US rally

Barak backs purposeful US-Iran dialogue

Gaza militants fire rockets after deadly Israeli raids (AFP)

Israel launches two more air strikes on Gaza: witnesses (AFP)

CAROLINE KENNEDY SEEKS AND SHOULD BE GRANTED CLINTON'S SENATE SEAT

Fed unleashes greatest bubble of all John Kemp | Like the sorcerer’s apprentice, Federal Reserve Chairman Ben Bernanke and his predecessor Alan Greenspan have unleashed a series of ever-larger asset bubbles they cannot control.
U.S. Records Huge Current Account Deficit
Canadian Prime Minister Stephen Harper believes a depression is COMING

Peter Schiff new VIDEO on the Coming Collapse Dec 16 We will follow in the footsteps of ARGENTINA not JAPAN.

Scholar: Cheney confessed to war crime

Russian treason bill, Neocon/bushesque and a throwback to the old failed soviet union (how regressive and pathetic), targets Kremlin critics Associated Press | New legislation backed by Putin would allow Russian authorities to label any government critic a traitor — a move that rights activists say is a chilling throwback to times of Soviet dictator Josef Stalin.

Blasts kill 18 and wound 53 in Baghdad

Swiss gold bullion in huge demand as trust in banks dives

Goldmine Sachs: Bank’s bonuses cut to a ‘mere’ £142,000 EACH Investment bank /taxpayer bailout funds recipient Goldman Sachs is to pay £4.3billion in bonuses to its City workers.

Dollar Falls Most Against Euro Since 1999 Debut on Fed’s Rate

Dollar Declines to 13-Year Low Against Yen After Fed Rate Cut

`Federal spending soars 25% -- even before bailout...`

Editorial: What ails global financial system ‘The $50 billion investment fraud to which the respected New York financier and former NASDAQ Chairman Bernard L. Madoff has allegedly confessed, may prove to be the paradigm for all that has gone wrong with the international financial system. It points up the greed, incompetence and woeful wishful thinking that have all combined to produce economic meltdown and plunge the world into recession. Most staggering is the stupidity of both regulators (and government corruption/venality vis-à-vis wall street) and professional investors in failing to spot that for at least a decade, at the heart of his hedge fund operations, Madoff was running a pyramid scheme. This relied on new investment funds to pay out market-beating returns to existing investors…..’ This is wall street every day with their eating away at other peoples money to the tune of hundreds of millions of dollars a day based on nothing but bull s**t and fraud!

Arizona Police Trained for Economic Civil Unrest
IMF Chief Warns Of Riots In Response To Economic Crisis

Neocon Gaffney: 4000 US Troops ‘Had To Die’ In Iraq Steve Watson | Renowned neocon says he is “delighted” the illegal invasion went ahead regardless of fabricated intelligence.

CAROLINE KENNEDY SEEKS AND SHOULD BE GRANTED CLINTON'S SENATE SEAT

Not just super rich caught up in $50B Madoff case

More banks reveal Madoff exposure
Army ‘Strategic Shock’ Report Says Troops May Be Needed To Quell U.S. Civil Unrest

Police State War Against Photojournalism

The Purpose of the Economic Meltdown Carolyn Harris | We all know economic depression here, and some of us have an inkling about what is coming.

U.S. Turns on the Printing Presses to Churn Out Worthless Weimar Dollars To Save Debtors While at the Same Time Destroy Creditors and Debtors

Federal Reserve sets stage for Weimar-style Hyperinflation , etc., so sell into these suckers bear market rallies/strength/take profits while you can since much, much worse to come. Economist Brusca “the economy is sinking fast”, FOMC states that “data indicate deteriorating labor conditions and declining consumer spending, business investment, and industrial production, and the outlook for economic activity has weakened further”, F. William Engdahl “The US economy is in a depression free-fall of a scale not seen since the 1930’s”, BILLIONS VANISH IN EPIC HEDGE FUND FRAUD Downturn Spurs “Survival Panic” for Some in the U.S.

Treasury Bills Trade at Negative Rates

Is the Fed Taking the First Steps to Selective Default and Devaluation? ABOLISH THE FED; THEY’RE PROVEN F**K UPS! Jesse’s Cafe Americain | The Fed is asking Congress about permission to issue their own debt directly, not tied to Treasuries. Fed Hides Destination Of $2 Trillion In Bailout Money

Obama Lies About Meeting Blagojevich

Countdown: Comment on the Bush Legacy Keith debunks the talking points memo put out by the Bush administration trying to rewrite his legacy of abject failure.

Real Cost Of Bailout So Far: ~~$5 TRILLION~~ - ~~$7.4 TRILLION~~ - $8.5 TRILLION!

Wall Street stung by risk-aversion and realistically bleak outlooks

Point of no return: Interest on T-bills hits zero

Tightening Budgets Mean a Rough Ride for IT

Economic crisis: US, China and the coming monetary storm

FIRST TIME: Treasury Bills Trade at Negative Rates...

Tortured Patsies “Confess” To 9/11 Paul Joseph Watson | And it has nothing to do with the waterboarding, cattle prods or sleep deprivation — they just wanted to get it off their chest.

Blagojevich Arrested On Corruption Charges After Going Up Against Bank of America

Zbigniew Brzezinski: Israel’s push for Iran strike may hurt U.S. ties Haaretz | Zbigniew Brzezinski, former national security adviser to Carter, told Haaretz that Israel will do harm to its relations with the U.S. if it insists on lobbying Washington for an American military strike on Iran.

Illinois Governor Arrested By Federal Agents...
Probe widens to vacant senate seat...

'A fu**ing valuable thing, you just don't give it away for nothing'...

'The breadth of corruption laid out in these charges is staggering'...

CROOK COUNTY

US Depression Likely -The Truth Is Here

Coming soon to U.S., 1 million jobs lost every month: Report

America Has No Means to Recover from a Depression Dustin Ensinger | Economist Peter Morici, a professor at the University of Maryland, said the job loss experienced in November “was much worse than was expected … The threat of a widespread depression is now real and present.”

Unemployed and hungry in the U.S.

Feeble-minded feds Could Take Stakes in Big 3... N A T I O N A L I Z A T I O N 'And now for a world government'...

'IT'S GOING TO GET WORSE'

NEWS IS BROKE: TRIBUNE, Others Prepare for Bankruptcy Filings...

NEWS IS BROKE: NYT MORTGAGES HQ IN CASH CRUNCH...
TRIBUNE FILES FOR BANKRUPTCY...
ZELL MEMO...
ZUCKER: NBC MAY SCALE DOWN PROGRAMMING HOURS...

Bag the Failed fed!

Filibuster Al Qaeda Founder Robert Gates Webster Griffin Tarpley | The nomination of Robert Gates to be Secretary of Defense must be rejected. Gates is deeply implicated in three decades of crimes by the intelligence community.

Former ISI Chief: Mumbai And 9/11 Both “Inside Jobs”

Bush Regime Declares Itself Above the Law The US government does not have a monopoly on hypocrisy, but no other government can match the hypocrisy of the US government.

New York governor shock: 'Once you go black, you don't go back'… I don’t think so!…..

Clinton builds loyalist empire

Israel's West Bank system like apartheid: rights group (AFP)

Jewish settlers set fire to Palestinian home (Reuters)

Israeli cops block aid boat bound for Gaza

‘Mossad fails in top anti-Iran agenda’

Chinese whistleblowers 'sent to mental wards'...

Don't Buy the 'Stocks Are Cheap' Hype: Weak Earnings Means a 'Washout' in '09 Mauldin predicts valuations will eventually fall to record low levels — meaning low single-digits price-to-earnings ratios… This is going to be a longer recession we've had in a long time [and] earnings are going to be impacted a lot more than people are currently thinking…..

3 Tell Tale Signs Of This Sucker Rally

Half-million jobs vanish as economy deteriorates (AP)

Job losses worst since 1974 Employers cut 533K jobs in Nov., most in 34 years

Late mortgage payments and foreclosures hit record

1 in 10 homeowners behind on mortgage payments, or in foreclosure...

Wall St financiers party like there's no tomorrow -- literally

Obama Doesn’t Plan to End Occupation of Iraq The New York Times is reporting about an “apparent evolution” in president-elect Barack Obama’s thinking on Iraq, citing his recent statements about his plan to keep a “residual force” in the country, despite campaign promises that helped get him elected to the contrary.

Bush reported to be drinking heavily With less than two months remaining in office, George W. Bush, witnessing a devastating defeat for the Republican Party, worse favorability ratings than those of Richard Nixon at the height of the Watergate scandal, and the most devastating economic situation since the Great Depression, is reported by a number of well-placed sources in Washington as drinking heavily.

Employers shedding jobs as recession deepens

AP IMPACT: Some bailout holdings down $9 billion

Governments brace for long crisis ahead

High inventory is killing home builders; industry asks for help

It's Not a Great Time to Get Into Stocks

Long Term Investors Should Avoid Leveraged ETFs

Fixing the Enron Economy

US FEDERAL RESERVE to buy US DEBT? WITH WHAT?

Prepare For Depression Level Unemployment

Record number of Americans using food stamps: report

Whether We End Up Paying For It Through Taxes Or Hyperinflation, It Will Still Come Out Of Our Pockets

Corporate Debt Protection Costs Climb Amid Depression Concern

Shoppers ready to call it quits MarketWatch | More than one-third of consumers chose not to shop at all last month, except on Black Friday, according to Britt Beemer of America’s Research Group.

Lawsuit claims Citigroup was running a “quasi-Ponzi scheme” Bloomberg | Citigroup Inc., the second-biggest U.S. bank by assets, was accused in a lawsuit of repackaging unmarketable collateralized debt obligations it held and re-selling them to itself in order to hide its exposure to the securities. Where are the criminal prosecutions and disgorgement?

Flashback: U.S. Counterinsurgency Manual Leaked, Calls for False Flag Operations, Suspension of Human Rights

Leaked Memos Reveal Holder’s Involvement In OKC Murder Cover-Up

The World View: U.S. ‘infected’ the world with the crisis – Putin

CNN Censors Sound Critique of Federal Reserve?

Pentagon: Obama to fire majority of 600 Bush appointees…A wise move!..

St. Louis City Leader Says Police Ineffective to Stem Rising Crime, Tells Residents to Get Armed

CFR-Brookings to Dominate Obama “Strategy” Kurt Nimmo | Meet the new boss, same as the old boss — and that boss is the Council on Foreign Relations.

A Bleak Outlook: Nov. Job Loss, Economic Weakness Housing Wire | Private sector employment decreased by 250,000 in November, according to a monthly National Employment Report released Wednesday by Automatic Data Processing Inc.

US, China currency clash over worthless american currency...

IT SEEMS ALMOST TOO INCREDIBLE FOR WORDS THAT BUSH MAN JEB BUSH LEAGUE OF CRIMINALS IS TALKING ABOUT RUNNING WHEN PRIOR SIMILARLY TALENTLESS BUSHES HAVE LITERALLY LEFT THIS AND OTHER NATIONS IN SHAMBLES (LOOK AT FLORIDA). CAN FLORIDIANS PARTICULARLY AND AMERICANS GENERALLY BE SO INCREDIBLY STUPID? THE ANSWER, SADLY, IS QUITE POSSIBLY INASMUCH AS OUTRAGE SHOULD BE THE APPROPRIATE RESPONSE. INDEED, SOUND MANAGEMENT PRINCIPLES WARRANTING A CLEAN SWEEP FOR THE INCOMING ADMINISTRATION SEEM TO HAVE BEEN TOTALLY IGNORED WHICH DOES NOT AUGUR WELL FOR THE ALREADY DISMAL FUTURE IN STORE FOR THE NATION. PARTICULARLY TROUBLING IS THE CLINTON APPOINTMENT IN LIGHT OF THEIR SQUANDERING THE PEACE DIVIDEND FOLLOWING THE END OF THE COLD WAR, FURTHER DECIMATED BY MORON WAR CRIMINAL BUSH, AND CLINTONS’ ROLE IN NAFTA, ‘UNPROTECTED’ PHONE (WHAT A PERVERT) AND OTHER SEX IN THE WHITE HOUSE, DEALS, CRIMES, ETC.. HOWEVER, TRUTH BE TOLD, HAVING DONE MY COLLEGIATE EDUCATION IN NEW YORK (BS, MBA, JD) I DO SHARE THE PREPONDERANT NEW YORK VIEW VIS-À-VIS THE CLINTONS; VIZ., GOOD RIDDANCE.

GM, Chrysler considering bankruptcy to get bailout: report

Stocks irrationally finish higher despite dismal economic data to keep fraud ball rolling and suckers sucked in (AP)

Meredith Whitney Sees Plenty of Pain Ahead for Consumers (at BusinessWeek)

Desperate Times, Desperate Policies )

61% oppose auto bailout CNNMoney | Survey shows that Americans think federal aid for the Big Three is unfair and won’t help the economy.

Credit Suisse posts $2.5 billion loss

Pakistani Security Consultant Calls Mumbai Attacks A “Botched” False Flag Steve Watson | Says Hindu zionists and Mossad behind attacks meant to imitate 9/11. Hemant Karkare - False Flag Investigator Killed in Mumbai Attack Homeland Security Council Warns of Preposterous Anthrax Attack Kurt Nimmo | An anthrax attack scenario envisioned by the Homeland Security Council is nothing but a transparent scare tactic. 100 nations sign treaty banning cluster bombs, US refuses

Libya complains of Israeli high sea 'piracy' to UN council (AFP)

November US auto sales drop to 26-year low

Fed said owing to things being so bad and strains in the financial markets it will extend three liquidity facilities through April 30, 2009, as they keep printing/creating more worthless Weimar dollars and spending money the government doesn’t really have.
US manufacturing hits 26-year low: ISM
November sales fall despite Friday's liquidation sale buying

GAO finds 'critical issues' in US Treasury's financial bailout

Auto sales plunge, slowdown spreads (Reuters)

The Cost of Hegemony is Beyond Reach Paul Craig Roberts | The “peace dividend” that the Reagan-Gorbachev accord provided has been squandered by an arrogant American government seeking world hegemony.
Alex Jones on Coast to Coast AM: Domestic Security Force
U.S. bailout monitor sees lack of a coherent plan International Herald Tribune | The head of a new congressional panel set up to monitor the gigantic U.S. government bailout says the government still does not seem to have a coherent strategy for easing the financial crisis, despite the billions it has already spent in that effort.

Data signal deep global downturn Financial Times | Evidence of a global slide towards a deep recession mounted on Monday with severe strain reported by manufacturing companies around the world, large falls in car sales across Europe and bad construction figures in the US.
Auditors Fault Oversight of Bailout Funds...
Governors to Seek Up to $100B in Social Aid...
Feds to expand rescue; reviewing applications from 'hundreds of banks'...
FDIC head: Gov't plan needs 'exit strategy'...
Metal prices fall further than during Great Depression...

Dow plunges on news recession began in Dec. 2007 (AP)
Down we go again: Fourth-worst drop ever for Dow

Recession declared; Wall Street tanks

JPMorgan cutting 9,200 jobs at Washington Mutual

Official Recession Drags Down ETFs

These Mutual Funds Are the Real Turkeys

Where Did the Fed’s Bailout Money Really Go? Chart Shows Illegal Money Trail

Fourth-worst drop ever for Dow Associated Press | The stock market suffered one of its worst days since the financial meltdown Monday, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.

Report Concludes Recession Began A Year Ago Steve Watson | But the White House and the corporate media consistently continued to state otherwise.
It’s a depression

Another Russian “expert” claims the US will break apart

Washington Post: 20,000 More U.S. Troops To Be Deployed For “Domestic Security” Paul Joseph Watson | As part of long term agenda to establish “military form of government,” combat likely with unrest following total economic collapse.

Mumbai attacks part of ‘blowback’ for CIA double-cross

Clinton staffers make up nearly two- thirds of Obama transition team

The New Obama Administration: A Lot of “More of the Same”
Barack Obama’s security team delights the war hawks Neocons Heart Obama

Obama’s National Security Team: Minions of the New World Failed Failures Order

American teens lie, steal, cheat at 'alarming' rates just like americans generally, inherent criminals that they are: study...

Opening/Closing/Holiday Bell: 11.28.08 - Worker Killed In Wal-Mart Stampede (NYP) You don't have to vacation to Mumbai to be savagely murdered, just position yourself in front of a throng of sale-crazed animals in Anytown America.
Rubin's Teflon Finally Wears Off (at Seeking Alpha)
Bank sues Trump over Chicago tower loan... Trump misses $53M interest payment...
Trump casino to miss interest payment...

Jewish settlers in violent Hebron protest (AFP)

Bush wants history to falsely see him as a liberator of million instead of reality of plunderer destroyer of a nation, war criminal, destroyer of his own country, and murderer of civilian men, women, and children in the millions

Mumbai attackers ‘non-state actors,’ says Pak president
Mossad role in Turkey coup plot revealed

BAILOUT MONITOR DECRIES LACK OF COHERENT PLAN...
PELOSI EYES $500B MORE...
Data signal deep global downturn...
Manufacturing hits 26-year low...
Schwarzenegger declares fiscal emergency in the land of fruits and nuts...
Bush: 'I'm sorry' for causing this crisis which is occurring...
Oil plunges below $50 because economy is so bad...
Treasury Yields Plunge to Lowest on Record...
Bernanke: 'No comparison' to Great Depression…and he is right because it is much worse, particularly in light of the fact that now, unlike then, america is broke in every way ...
Bank stocks suffer biggest one-day decline since crisis began...

Food Prices Will Rise, Causing Export Bans, Riots Bloomberg | Food prices will rise next year, prompting a revival of protectionism from food-growing nations and risking a renewed bout of rioting, according to Jochen Hitzfeld, an analyst at UniCredit SpA in Munich.

Citigroup Should Be Held Accountable Bloomberg | The U.S. government should demand accountability and changes at Citigroup Inc., as well as from automakers, in exchange for any financial assistance.

Rubin Clones and Other Fakers: The Obama “Dream Team” Things are getting crazier by the day. On Tuesday, Treasury Secretary Henry Paulson announced that the Fed would commit another $800 billion to fight the financial crisis which has spread to the broader economy and is causing sharp declines in consumer spending.

Citigroup says gold could rise above $2,000 next year as world unravels

US debt triggered global crisis

‘Encouraged by a wicked wizard, Greenspan, Bernanke toils at his Weimar dollar printing press’

Wal-Mart worker dies in rush; two killed at toy store CNN International (CNN) -- Three violent deaths in two stores marred the opening of the Christmas shopping season Friday. Two people were killed in a shooting at a Palm Desert, California, Toys "R" Us store on Friday. 2 men dead after shots fired in SoCal Toys 'R' Us The Associated Press

HOW TYPICALLY UNCIVILIZED THE INHERENTLY CRIMINAL AMERICAN ANIMALS/CATTLE ARE AS THEY STAMPEDE AND TRAMPLE AN EMPLOYEE RUSHING TO GET LIQUIDATION PRICE BARGAINS. HOW PATHETIC!

MALL MADNESS! MAN KILLED...
...throng of shoppers physically broke down doors
Video...

Microsoft Corporation government shill/censor/propagandistCensors 9/11 among other Dissent

Media Forced To Backtrack On Al-Qaeda Link To Mumbai Attacks

India’s Leaders Need to Look Closer to Home: The Assault on Mumbai

Americans’ Food Stamp Use Nears All-Time High

For stores, the holiday season may already be over

Meltdown far from over, new mortgage crisis looms

Experts Warn of Food Shortages One of the top experts on derivatives warns that supermarkets may not be able to borrow against their inventory and will thus be forced to shut down.

Experts doubt Al Qaeda link in Mumbai attacks

Evidence Mumbai Attackers were Anglo-American Intel Operatives

Mumbai Attacks Blamed On Al-Qaeda As Pretext For U.S. Military Response

FM: No Israelis in Mumbai Hospitals Foreign Ministry Spokesman Yossi Levi said, mid-morning Thursday, that according to the data received by Israel’s control center for the Mombai terrorist attacks there are no Israelis among the wounded or dead in Mombai hospitals, the mossad/cia, israel/u.s. connection

India, Corporate Media Moves To Frame Pakistan For Suspicious Attacks As we predicted would happen in our early report yesterday, Indian government authorities are now blaming Pakistan for being behind the ongoing attacks in Mumbai, providing a perfect pretext for expanded U.S. military aggression against a country that is also a target for President elect Barack Obama.

Microsoft Corporation Censors 9/11 Among Other Dissent as government shill which suppression has brought u.s. unequivocal decline
Merkel finally, though better late than never, criticises US over crises

Merkel criticises USA over crisis; hits out at use of 'cheap money'...

U.S. eyes “surge” of over 20,000 for Afghanistan

Iraq told: Keep US troops or face martial law

UPDATE: TERROR AT THE TAJ...
Mumbai gunmen besiege hotels, kill 119 in 2 days...
'Still not under control'...

Mexican Interpol Official Involved with Narcotics Trafficking Former Mexican President Calls Border Fence ‘Offensive’

Hillary of State Wall Street Journal - By KIMBERLEY A. STRASSEL One rule of employee relations? Never hire someone you can't afford to fire. The Obama-Clinton soap opera is set to run for another few years Economist

u.s. will not balance budget by 2012: white house DAAAAAH!

More Proof That Uncle Sam Is In Trouble PhD economist Marc Faber thinks the U.S. will go bankrupt. He’s not alone. Glass-Steagall and other Depression-era legislation was repealed based upon the claim that the modern financial system was totally stable.

Column: Impeach before Bush leaves office

Take away the president's power to grant pardons

Editorial: Implications of Citibank bailout CITIGROUP bailout slammed by New Yorkers...
U.S., Mexico Mostly Silent About Deaths of American Tourists South of the Border CNSNews | According to the U.S. Department of State, more than 1,300 Americans have died in Mexico in the past six years.

A look at Obama’s “economic team” President-elect Barack Obama’s choices for top economic positions underscore the fact that his administration’s overriding priority will be to cover up the crimes of and to secure the interests of the financial elite. Obama beats record for press conferences/jawbone/bull s**t sessions to give wall street frauds b.s. talking/fraud points...

Federal deficit could hit $1 trillion this year

FDIC's list of 'problem' banks swells to 171 (AP)
Dollar falls on realistically discouraging u.s. economic data (AP)

Third quarter real GDP was revised to a 0.5% annual rate of decline from a previously reported 0.3% rate which had rallied stocks and, only in the fraudulent world of wall street, rallied stocks again though worse than expected

Third quarter personal consumption expenditures were revised to a worse than expected -3.7% from -3.1%, which rallied stocks…..riiiiight!.

Consumer confidence remains at an extremely depressed state despite fake numbers.

Rogers Says Dollar to Be `Devalued,’ Buys Commodities
The S&P/Case-Shiller Home Price Index of 20 US cities fell 17.4% year over year — most on record.

Economy shrinks at fastest pace in seven years Reuters | The economy contracted at its fastest pace in seven years in the third quarter as consumer spending plunged to a 28-year low, data showed on Tuesday, raising the reality of a deeper recession.

Citigroup collapses! Banking Shutdown Probable Dr. Martin D. Weiss | It pains me deeply to announce that, despite the massive government rescue, yesterday’s collapse of Citigroup could ultimately lead to a shutdown of the global banking system if they get sucked into america’s black hole.

Russian Analyst Correctly Predicts Decline and Defacto, and Quite Possibly Dejure, Breakup of U.S.A.

The Fed and Its Lies

Home Prices for 20 U.S. Cities Decline Most on Record

Bush: Give More Money to the Bankers

The Citigroup Deal is Lousy for America The verdict on the Citigroup bailout is pretty much unanimous: its a terrible deal for America.

Peter Schiff - Was Right Again and Again

Russian “Infowar” Analyst Says U.S. Will Break Apart A renowned Russian political analyst has repeated a prediction he made ten years ago that the economic and political turmoil in the U.S. will lead the country to collapse and divide into separate parts

Bush Hands Over Reins of U.S. Economy to EU

Attorney general nominee Holder represented firm that hired right-wing paramilitaries who killed union activists

Russia says U.S. mercenaries, others fought for Georgia

China Scrambles to Stave Off Economic Meltdown
Israel seals off Gaza crossings again

FED PUMPS $800B MORE TAXPAYER MONEY TO THE RICH AND INFAMOUS, COMPOUNDING THE WASTE/FRAUD/CRIME...

WOODWARD: Obama must be 'smoking something'...
Federal deficit could hit $1 trillion this year...
FDIC adds 54 more banks to its 'problem list'...

Struggling Banks Paid Clinton $2.1 million for Speeches/hillary favors/bull s**t; CITI, GOLDMAN, LEHMAN, MERRILL...

Cynthia McKinney Prevented From Leaving U.S. Former Congresswoman and presidential candidate Cynthia McKinney has been prevented from leaving the country after she planned to give a speech in Damascus Syria at a Conference being held to commemorate the 60th Anniversary of the Universal Declaration of Human Rights.
Sovereign wealth funds flee the West... Sovereign wealth funds in the Gulf are switching their focus away from Western stock markets to shore up ailing economies in the Middle East and protect themselves from losses in the City and on Wall Street.

Dow falls below 8,000, S&P at 5-year low
Fed sharply lowers forecasts, hints of rate cut which ploy previously sparked b.s. suckers’ bear market rallies based upon nothing at all but reality says with only a point to zero and much worse to come is just plain b**l s**t
Now Buffett the senile in stock slump!
Conditions so bad that consumer prices drop record 1 percent in October
[$$] Mall Owner Lines Up Bankruptcy Law Firm as ghost malls predict by Celente of trendsresearch.com over a year ago begin (at The Wall Street Journal Online)
[$$] Stocks, Bonds Tumble to New Crisis Lows (at The Wall Street Journal Online)
Deflation: Here, Now I’ve been warning of deflation for some time. Specifically, I predicted 1 1/2 to 2 years of deflation, followed by hyperinflation. Well, deflation is here.
“Slush fund” … “Banana Republic” … “Keystone Kops.”
Technical Economic Indicators Worsening Again Even after the trillions spent by the feds, the technical economic indicators are getting worse

'Crisis Only Just Beginning': Crisis/Video Right About the Crash, Peter Schiff Sees More Pain Ahead Crisis Only Just Beginning': Right About the Crash, Peter Schiff Sees Much More Pain Ahead

Cost of Bankster Bait and Switch Now $7.4 Trillion Kurt Nimmo | Congress critters are wary of the wrath of their constituents as the bankster giveaway rockets through the stratosphere.

Colossal Financial Collapse: The Truth behind the Citigroup Bank “Nationalization” F. William Engdahl | The 2009 year will be one of titanic shocks.

Rubin Protégé Selected to Head Obama’s Council of Economic Advisers

Obama’s jobs plan: A band-aid for an economic catastrophe

Will The US Government Accept Responsibility For The Slaughter Of Over 1,000,000 Iraqis.

Obama’s Economic Foxes To Guard Financial Henhouse Today President elect Obama officially introduces his economic team to the world. What many may fail to recognize however is the fact that those tasked with rescuing the economy are the very people who helped create the financial crisis in the first instance. WOODWARD: Obama must be 'smoking something'...

All US Financials Will be Nationalized in a Year: Manager

US to Inject $20 Billion into Citigroup, Back Assets The U.S. government has agreed to guarantee over $300 billion of Citigroup’s troubled assets — loans and securities backed by residential and commercial real estate and other such assets — with conditions attached. These conditions are being hammered out.

Bush: A disgraceful legacy

Bumbling, bungling, war criminal bush consulting Obama on bailouts Now we can all breathe a sigh of relief…..riiiiight! This Is Change? ...tax hike for the rich may be delayed Another $700 billion?

Bush pleased with Iraq war outcome The Age | Bush apparently pleased with over a million dead Iraqis and millions more suffering due to a decimated civilian infrastructure based on lies.

US is on the decline, report says

US National Intelligence Council Predicts Further and Complete Decline of America ...

Worst of financial crisis yet to come: IMF chief economist...

FBI arrests eight New York mafia men: prosecutor

POLL: Most Correctly Consider Web Most Reliable Source of News in light of propaganda, censorships, veiled bribes, etc...

UK TOP INCOME TAX RATES COULD HIT 61%... FED PLEDGES TOP $7.4 TRILLION... London, Midtown Manhattan, Tokyo Office Rents Post First Drop Since 2002...

Mugabe bars door to top-level humanitarian mission

NewsWatch: Stocks look cheap, but that doesn't mean you should buy

Economic Preview: Harsh economic data expected for coming week

OBAMA: 'MILLIONS OF JOBS' IN DANGER NEXT YEAR

Downey Seized, Sold to US Bancorp as Mortgage Fallout Spreads

IMF economist says worst of crisis to come: paper

Robert Gates: As Bad as Rumsfeld?

Federal regulators shut 2 California thrifts

This Is Not A Normal Recession, Rome is burning. It’s time to stop tinkering with a failed system : Moving on to Plan B
Use of nuclear weapons more likely in future: us unintelligence

Paulson’s Cascade of Lies

US to see end of an ‘aura’ by or before 2025

The Third Clinton Administration

WOODWARD: Obama must be 'smoking something'...

Antiwar groups fear Barack Obama is creating hawkish Cabinet Activists note that most of the candidates for top security posts voted for the 2002 resolution authorizing President Bush to invade Iraq or otherwise supported launching the war.

Zimbabwe refuses Annan group visa

U.S. economic and military dominance ’set to wane’, warns spy agency through corruption, greed, fraud, incompetence, etc.
Mobsters seize control of Israeli public's imagination...
HU: World economic situation 'grim'...

ROMNEY: 'Let Detroit Go Bankrupt'... Finger-pointing begins as Senate nixes auto vote...
CEOs Flew Private Jets to Plead for Public Funds...

World stocks down amid reality of deep recession (AP)

Congress extends jobless benefits; stocks fall 400

Aids: Obama on track to nominate Clinton (AP)

Attorney general collapses

Sharp decline seen in holiday shoppers

Bank of America Bailout Recipient Buys Stake in China Construction

China to Buy 4,000 Tons of Gold Jason Hommel | China wants 4000 tons of gold, to help “diversify” their $1.9 trillion in U.S. bonds.

Massachusetts Foreclosures Up Nearly 70-Percent This Year

The Imperialism You Can Believe In While naive, giddy and myopic establishment leftists have been celebrating the great “change” heralded by the election of Barack Obama, the President elect has been busy appointing people to key positions who advocate the same Neo-Con imperialist foreign policy crafted during eight years of the Bush administration.

Ron Paul Warns That U.S. Will Support Israeli Attack On Iran

Army shreds documents on friendly fire deaths

Paulson Was Behind Bailout Martial Law Threat Senator James Inhofe has revealed that Henry Paulson was behind the threats of martial law and a new great depression prior to the passage of the bailout bill, having made such warnings during a conference call on September 19th, around two weeks before the legislation was eventually approved by both the Senate and Congress.

Head of Interpol Mexico arrested for drug ties Mexico arrested its head of Interpol on Tuesday for allegedly working for a powerful drug cartel and sent the military to take over police duties in the city of Tijuana in another step to flush out corrupt law enforcement.

Jobless Claims Hit 16-Year High, Above Forecast

Fed Signals Ready to Cut Rates with only a point to zero, calls urgent extended December meeting by a day Amid Glum Outlook

Obama and the Great Depression

President-elect promised change, picking insiders...

Iran Censors, Cracks Down On Internet

Jewish settlers desecrate Hebron mosque, graves

SUN SETS ON USA POWER: REPORT PREDICTS END OF DOMINANCE...

Raw: Attorney General Michael Mukasey Collapses During Speech in Washington AG COLLAPSE ON STAGE IN DC

America’s Moronic Iraqi Policy
Israel refuses to ease blockade
Will The US Government Accept Responsibility For The Slaughter Of Over 1,000,000 Iraqis.
America’s moronic hegemonic policy spells disaster
ENDGAME Economic Predictions - 2006 Bilderberg
Inside Home Affairs: The recession – and the crime wave that goes with it
Naomi Klein: Bailout is ‘multi-trillion-dollar crime scene’
Head of Interpol Mexico arrested for drug ties
Crimes by air marshals raise questions about hiring
Port of Los Angeles security under control of Chinese President’s son
Former CIA Employee Zawahri Threatens America
Al Zawahiri is used to counter Obama’s growing unpopularity Al Zawahiri has sent a new message. (1) to gain sympathy for Obama, (and his various billionaire cronies.) (2) to gain sympathy for US military action (in the event of any false flag terror operations by the CIA and Mossad). (3) to gain sympathy for a US takeover, or destruction, of Pakistan. (4) to turn world opinion against Moslems.

Arraignment set for Cheney, Gonzales in Texas (AP)

Ron Paul Confronts Bernanke On Global Currency Plans
Congressman Ron Paul confronted Federal Reserve chairman Ben Bernanke this morning about plans to replace the dollar with a new global currency during the House Financial Services Committee meeting on Capitol Hill.
Banker Manipulation Of Gold And Silver Prices Further Exposed
US planning Velvet Revolution in Iran?
Russia warns Georgia against military build-up
‘US not after Taliban leaders under Bush’
Uranium at Syria site come from Israeli missiles: FM
No Signs of Change in Obama’s Middle East Policies
China Passes Japan as Biggest U.S. Treasuries Holder

Israeli forces launch fresh Gaza incursion

CHENEY INDICTMENT: Vice president, former AG, state senator indicted [in Texas]... Willacy County Grand Jury... Arraignment set for Cheney, Gonzales in Texas (AP)

The G-20 Economic Summit Won’t Change the “Financial Crime Scene” Richard C. Cook | For the immediate future people could fight back by doing everything possible to get out of debt, convert their cash reserves to tangible holdings, and start their own local currency and barter systems.
Inhofe: Billions Given Away to Bankers and Their “Friends” Kurt Nimmo | Senator Inhofe admits Congress was told lies about the bailout and says Congress should take back what is left of the “blank check” it gave the Treasury and its coterie of ex-Goldman Sachs manipulators.
Forecasters: U.S. in 14 month recession
Fed has done "as much as it can": Fed's Hoenig
Stocks finish lower as recession worries deepen
The Great Depression of the 21st Century: Collapse of the Real Economy

Japan's Economy Shrinks 0.4%, Confirming Recession (Update2)
Ken Clarke warns Britain is on the brink of ‘meltdown’
Japan's economy shrinks in 3Q; enters recession
Europe in recession, U.S. in pain as world leaders meet
ECRI: Economy Falling At Fastest Pace in 60 Years
Rep. Neugebauer: American People May “Rise Up and Stop Us”
DOWNTURN DRAGS MORE CONSUMERS INTO BANKRUPTCY...Unremitting gloom and capital flight

Four Palestinians killed in Israeli air strike (AFP)
Israeli minister openly calls for assassinating Hamas leaders
Gaza: No respite from suffering
Ahmadinejad aide: Obama must ‘replace Bush’s war-mongering approach’
Neocon John Bolton Grilled on BBC EVTV1 | Bolton’s neocon explanations for the mass murder of more than a million Iraqis are dismissed for what they are — criminal lies.

Los Angeles ringed by wildfires...
STATE OF EMERGENCY...
LIVE FEED... SHARP KNIVES: STATE BUDGETS IN SHORTFALL; CUT SERVICES OR RAISE TAXES?...drudge DEVELOPING...
600 mobile homes burned...
Updates, Maps, Details...
Wildfire chases patients from hospital...CALIFORNIA DREAMIN’ A NIGHTMARE: THOUSANDS EVACUATE

Record numbers of American students are studying abroad...Libertarian Talk Radio Activist Jailed For 100 Days For Having A Couch In His Yard
“The Dollar Standard Is Coming To An End”
Busted in Washington As expected, the G-20 Economic Summit in Washington turned out to be a total bust. None of the problems which have pushed the global economy to the brink of disaster were resolved and none of the main players who gamed the system with their toxic securities was held accountable.

Obama’s Intelligence Agenda: More of the Same from the so-called “Change Administration” as names as clinton (some have dismissed her owing to her’s and bill’s deals on the come which voters foiled) and as well, jokin joe lieberman, the independent who is not independent at all but rather a bush administration/israeli shill. Could he be so foolish as to relinquish his mandate? ”

Housing starts expected to hit half-century low
G-20 Wants Quick Action on Credit Default Swaps, But Bush Talks Them Into Toothless Regulation

Washington is Powerless to Stop the Coming Economic Depression Barbara L. Minton | The unwinding of the Great Depression took 10 years and the debt overhang was nothing like it is today.
Whitehead sees slump worse than Depression The economy faces a slump deeper than the Great Depression and a growing deficit threatens the credit of the United States itself, former Goldman Sachs chairman John Whitehead, said at the Reuters Global Finance Summit on Wednesday.
Dollar’s Days Numbered, Buy Commodities: Jim Rogers Commodities are one of the only viable investment opportunities left and are set to rebound as demand problems take hold, while the outlook for the dollar is bleak, famed investor Jim Rogers said Friday.
U.S. cities seek federal help to ease economic crisis
America’s economic crisis is beyond the reach of traditional solutions By most accounts the US economy is in serious trouble. Robert Reich, an adviser to President-elect Obama, calls it a “mini-depression,”and that designation might be optimistic. The Russian economist, Mikhail Khazin says that the “U.S. will soon face a second ‘Great Depression’.” It is possible that even Khazin is optimistic.
U.S. Retail Sales Drop in October by Most on Record
With Its Failed Policies, Government Triggers “A Return of Systematic Risk to Credit Markets”
Retail sales fall by record amount in October... CITIGROUP to cut 10% of jobs...110 banks have asked for $170B under bailout planFACE SLUMP...New alarm over economy as retail sales plummet
Freddie seeks gov't aid after $25.3B loss (AP)
Wall Street ends turbulent week sharply lower

Kashkari Accused Of Bailout “Bait and Switch” During Angry Hearing
A Ticket to The Hague for Dick Cheney? I now believe that some international human rights organization ought to open an investigation of the Bush Administration.
Sarkozy to Putin: ‘Do you want to end up like Bush?’
A Dumbed Down Society is What the New World Order Wants
Lawmaker Joins Fight To Outlaw Human Microchip Implants
Liberals Start Supporting War After Obama Is Elected
Italian police officers convicted of violence at 2001 G8 Genoa Summit
Switzerland says Israel breaking international law (AP)
U.N. agency says runs out of Gaza food supplies (Reuters)French, Palestinians call US Mideast role crucial (AP)
Israel shuts down Gaza border crossing

Iraq - US security agreement initial approval
The Iraqi cabinet yesterday approved a security agreement with the USA that calls for a full withdrawal of the American forces from the country by the end of 2011.
Iraq-USA, Politics, 11/17/2008
Abbas: No partial peace agreements to be made
Palestinian President Mahmoud Abbas said today that Israel had decided to release 250 Palestinian prisoners before Al-Adha Holiday and affirmed the necessity of a continued ceasefire between the Gaza Strip and Israel, to help ease the suffering of Palestinian citizens in Gaza Strip.
Palestine-Israel, Politics, 11/17/2008
Palestinians denied press freedom, official
Representative of Palestinian Islamic Resistance Movement (Hamas) today said that Palestinian newspapers are prevented from publishing the truth.
Palestine-Israel, Politics, 11/17/2008
Israel kills four Palestinians, Gaza humanitarian crisis
Hamas said that Israel is violating the ceasefire. Aid agencies say Gaza faces a humanitarian crisis if Israel's blockade continues.
Palestine-Israel, Politics, 11/17/2008
Israel forbid Muslims to enter the Ibrahimi Mosque
Hebron Rehabilitation Committee (HRC) denounced today the Israeli Occupation Authorities decision to forbid Muslims from entering Al-Ibrahimi Mosque in the city of Hebron on Friday and Saturday, November 21-22 2008 to enable Jewish settlers to perform their rituals on the
Palestine-Israel, Politics, 11/17/2008
Iran's new missile is for deterrence: minister
Iran's Commander of the Islamic Revolution Guards Corps (IRGC) Navy Force Rear Admiral Morteza Saffari said today that forces under his command are ready to repel any threat in the Persian Gulf.
Iran-Regional-USA, Politics, 11/17/2008
Ahmadi-Nejad's letter to Obama covers key issues
As for the establishment of a US interest section in Iran, Hosseini said, "If the request comes from official channels in the US, Iranian officials will follow it up."
Iran-USA, Politics, 11/17/2008
Ahmadi-Nejad meets with Israeli-freed Lebanese
Iran's President Mahmoud Ahmadi-Nejad said yesterday that Lebanon was a source of honor and respect for regional states for its victory over the Israeli forces during their 33-day war against Lebanon in 2006.
Lebanon-Israel, Politics, 11/17/2008
Saudi-UN interfaith conference condemned for presence of Israelis
Elham reiterated that the "Zionist regime" has a secular nature.
The issue of Judaism is completely different from Zionism, he said
Saudi Arabia-Iran, Politics, 11/17/2008
Iraq Head, Top Cleric Back 2011 Exit by U.S.: Agreement Gives Pact Better Odds of Passing - WashingtonPost.com
Iraq-USA, Politics, 11/17/2008
Iran judiciary chief lauds US-Iraqi security pact - WashingtonPost.com
Iraq-Iran-USA, Politics, 11/17/2008
Cleric Calls for Resistance to U.S. Presence in Iraq - NY Times
Iraq-USA, Politics, 11/17/2008
Iraqi Soldier Reportedly Kills 2 G.I.’s - NY Times
Iraq-USA, Politics, 11/17/2008
Iraq Signs $3.5 Billion Deal for China to Develop Oil Field - NY Times
Iraq-China, Politics, 11/17/2008
Mideast Negotiators Vow Talks Will Go On: Transitions in Israel, U.S. Spur Concerns - WashingtonPost.com
Palestine-Israel, Politics, 11/17/2008
Israeli troops face abuse trial - BBC
Palestine-Israel, Politics, 11/17/2008

Rick Biggs KERRY KILLINGER CAN’T SAY HE WASN’T WARNED. From my hometown Seattle Times:

Two months before Washington Mutual failed, Treasury Secretary Henry Paulson warned then-CEO Kerry Killinger that he ought to sell the Seattle-based thrift before it deteriorated further.

"Paulson said, 'You should have sold to JPMorgan Chase in the spring, and you should do so now. Things could get a lot more difficult for you,' " said one of several current and former high-ranking WaMu executives familiar with details of the call.

"Sopranos" flashbacks, anyone? Good lord. Here’s today’s lesson for bank and thrift CEOs: When the Secretary of the Treasury tells you point blank that “things could get a lot more difficult for you,” you should take it to the bank (sorry) that things will in fact get more difficult. That should be easy to remember. . .

I have refrained thus far from commenting on Sarah Palin who aside from breathing new life into Saturday Night Live, seems to serve no useful purpose whatsoever. Indeed, she is so pathetically and embarrassingly dumb that it should come as no surprise to hear her sing paeans of praise to kindred dimwit criminal dumbya bush, certainly a failed president and the worst of modern times, the absurdity of her assertion being evidenced by the current disaster of a nation he leaves in his wake, economically, politically, and geopolitically. She is a dope and, like the bushes, is done.

Turley: Late bush move ‘almost sign of contempt’ for election results

Wall Street rally defies rationality, odds, economic indicators but is explainable in terms of full moon and lunatic wall street frauds The Miami Herald
Dow sees 911-point swing to close on third-biggest point gain on ... MarketWatch
MARKET SLAPCRAPSHOT: US Stocks Close Crazed Session With Large Surge ... CNNMoney.com
Jobless claims hit 25-year high, weak economy causes imports plunge
Analysts Predict Hyper-Inflation To Push Gold To $2000, Oil to $300 Within Months Economic experts have predicted that rampant inflation caused by government stimulus packages will soon take hold of the economy and force precious commodity prices to all time highs.
Sarkozy Pushes for Abandonment of Dollar as World Reserve Currency There have been many previous indications that the dollar would not remain the world’s reserve currency for long. But this is a dramatic statement by a close American ally.

Banker Bailout Costs $5 Trillion So Far
Bailout Lacks Oversight Despite Billions Pledged
Soros says deep recession inevitable, depression likely

Foreclosures up 25 percent: RealtyTrac
Foreclosure Filings Rose 25 Percent in October as Prices Fell
Alabama foreclosures rise 15 percent in October

Germany falls into recession, Japan to boost IMF
Asian shares hit as grim news abounds
Oil falls to $55 on grim US economic outlook

Australia the former and apparently present penal colony uses web filter to block 10,000 internet sites
Rahmn Emanuel’s Compulsory “Circle of Love” Kurt Nimmo | Is it possible the ruling elite will need a legion of inducted slaves to stand against their fellow citizens as the economy further disintegrates and social chaos unfolds?
What Wayne Madsen Said About Rahm The Truth Will Set You Free | WMR has learned from US intelligence sources that Emanuel was discovered to be part of a political intelligence and blackmail operation directed against the very blackmailable and compromised criminal clinton by Israel.
Israeli Blockade Creates Food Shortages in Gaza

The Insanity of the $700 Billion Giveaway
Stock Market Has Fallen Steadily Since Bailout Bill Signed

The Wall Street Coup and the Bailout Scam
Paulson Doles Out $125 Billion to Wall Street Elite
Treasury Blacks Out Key Parts of Private Bailout Contracts
The Evil of Bailout One of the burning questions regarding the recently passed bailout, and the one that almost no one has bothered to answer, is how the government intends to pay for it. Bailout $700 billion yet national debt increased by over $1 trillion.They socialize their losses and privatize their gains ….. How is this happening? What a total fraud/scam!Roubini Sees Worst Recession in 40 Years, Rally’s End
Government of Thieves: When Greed is Rewarded

EDITORIAL ON BUSH’S FAILED PRESIDENCY
Thanks for the Depression

Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression”
Fannie Mae Posts Record $29 Billion Quarterly Loss
Fannie posts $29B 3Q loss, $100B may not be enough
China Blames Wall Street Meltdown On Fraud and Fed Overissuance Of Currency
Government to Grant AIG New, Larger Bailout
Real Cost Of Bailout So Far With Much More To Come: $5 TRILLION+
Fed's bailout for AIG swells to more than $150B
GM says GM may not survive (AP)
...US to assume toxic mortgage assets
Wall Street Should Slash 70,000 Jobs, Be Prosecuted for Securities Fraud, Disgorgement Mandated: Report
Buffett's senility showing as government/wall street shill, BERKSHIRE HATHAWAY Net Falls 77%...
U.S. Weekly Leading Index Now at Six Decade Low

3rd UPDATE: Intel Cuts 4Q View; Stock At 12-Year Low CNNMoney.com Intel Cuts $1 Billion From Sales Forecast Amid Slump Intel slashes 4Q outlook on dimming PC demand Technology stocks hit after Intel warns of sales shortfall
Fed Covers Up Financial Crisis
Federal Reserve Seeks Oversight of CDS Clearinghouse The Federal Reserve is seeking to become the lead regulator for clearing trades in the $33 trillion credit-default swap market, according to people with knowledge of the proposal.
U.S. Slump May Be Longest in Decades as Growth Fell Off `Cliff’ The U.S. downturn will be the longest in three decades, and the drought in consumer spending may be the worst ever, according to economists surveyed by Bloomberg News.
AmEx Said to Request $3.5 Billion in U.S. Aid
Lobbyists Swarm the Treasury for Piece of the Dwindling Bailout Pie When the government said it would spend $700 billion to rescue the nation’s financial industry, it seemed to be an ocean of money. But after one of the biggest lobbying free-for-alls in memory, it suddenly looks like a dwindling pool.
Dimon: Recession could be worse than market crisis (AP)
Intel's shock warning sounds alarm for tech sector

One Aspect of the Massive (Securities) Fraud/Fraudulent Wealth Transfer is Aptly Described/Illustrated in this Comment

Obama Won’t Be Able to Stop the Collapse of the Fallen american Empire
Paulson Says Troubled Assets Will Not Be Purchased Associated Press | Hank Paulson really didn’t mean it when he promised the $700 billion government rescue program would be used to purchase troubled assets. U.S. backs away from plan to buy bad assets
US To Lose Its ‘AAA’ Rating CNBC | The United States is on course to lose its ‘AAA’ rating due to the large amount of debt it has accumulated, according to Martin Hennecke, senior manager of private clients at Tyche. "The U.S. might really have to look at a default on the bankruptcy reorganization of the present financial system" and the bankruptcy of the government is not out of the realm of possibility, Hennecke said. "In the United States there is already a funding crisis, and they will have to sell a lot more bonds next year to fund the bailout packages that have already been signed off," Hennecke told CNBC. In order to solve or stem the economic slowdown, Hennecke suggested the US would have to radically reduce spending across all sectors and recall all its troops from around the world. As for a stimulus package, there is not much of an industry left to stimulate back into life, Hennecke said.

Obama’s Bailout Bunch Brings Us More of the Same
Editorial: End the scandal of Guantanamo
Obama’s pick for White House chief unsettles Arabs
What is Obama thinking? Barack, my brother. Mr. President-elect, what is going through your head? Rahm Israel Emmanuel for White House Chief of Staff? Rahm, who fought with the Israeli Army in the Gulf war, whose father Benjamin fought with the Irgun gang, the Zionist terror bombers of the King David Hotel; Rahm, the 2001 Freddie Mac board member involved with campaign scandals and contributions, personally raking in $231,655. I mean, just look in that guy’s eyes, scary. And that’s just the tip of the iceberg.
We can’t defeat Taleban, says Brigadier Mark Carleton-Smith

MAG: WASHINGTON'S $5 TRILLION TAB...
STOCKS IN FREEFALL; DOW SHEDS ANOTHER 400...
NEAR FIVE-YEAR LOWS...
RUSSIAN TRADING HALTED AFTER 12% DROP...
ECONOMIC WOES INCREASE, CRISIS DEALS IN TROUBLE...
AS MORE COMPANIES SEEK AID, 'WHERE DO YOU STOP?'...
EMBATTLED BANKS STILL PLANNING BIG BONUSES...
FLU: GOOGLE SHARES BELOW $300 FOR FIRST TIME SINCE '05...
GE SAYS FEDS WILL GUARANTEE UP TO $139 BILLION IN DEBT...
Bank of England: We'll slash interest rates to ZERO...WANT SOME GOVERNMENT MONEY? APPLY NOW!
Boehner Demands Fed Identify Recipients of Loans... Democrats prepare to move forward with investigations of the Bush administration... drudge Developing... ALL SWIPED OUT: AMEX SEEKS BILLIONS FROM TAXPAYERS...

Consumer spending worries send stocks lower (AP)

GM shares hit 65-year low amid liquidity concerns

Banking crisis claims more U.S. victims Financial Times | The credit storm swept through Wall Street and Main Street with renewed virulence on Monday as AIG and Fannie Mae reported huge losses, a leading US retailer filed for bankruptcy and multinationals such as DHL cut thousands of jobs.

Worries about housing, consumers send stocks lower Associated Press | Homebuilder Toll Brothers Inc. and coffee chain Starbucks Corp. helped send Wall Street sharply but modestly relative to reality lower Tuesday after giving investors more evidence that the housing market and consumer spending are getting weaker.

Goldman urged bets against California bonds it helped sell Los Angeles Times | Goldman, Sachs & Co. urged some of its big clients to place investment bets against California bonds this year despite having collected millions of dollars in fees to help the state sell some of those same bonds. California faces $28 billion deficit...

Government To Confiscate 401(k)s and IRAs For Mandatory Savings Tax? Paul Joseph Watson | Proposals to implement additional form of income tax while seizing private pensions raised in Congress.

Chinese activists tell UN of communist state torture

Blogger jailed for 20 years for cheeky poem that mocked Burma's leader...

Obama plans Gitmo closure
Georgia Rep. Issues Warning on National Security Force, Gun Ban
Government To Confiscate 401(k)s and IRAs For Mandatory Savings Tax? Under the pretext of combating the financial crisis, Democrats in Congress have been conducting hearings on proposals to confiscate private retirement accounts and turn them into government-controlled accounts managed by the Social Security Administration, by implementing a new tax in the guise of mandatory savings scheme.
Ex-KGB general cautions US against Iran war A former KGB general and Russian prime minister says a war on Iran would produce a question mark over the Republican Party’s sanity.
Fed Hides Destination Of $2 Trillion In Bailout Money The Federal Reserve is facing a lawsuit after it failed to comply with congressional demands for transparency and disclose the destination of at least $2 trillion dollars in bailout funds, underscoring once again the failure of top down socialism and the folly of trusting the foxes to guard the henhouse.
Obama, Rahm-bo and the End of the New American Century: Conned Again? If the change President-elect Obama has promised includes a halt to America’s wars of aggression and an end to the rip-off of taxpayers by powerful financial interests, what explains Obama’s choice of foreign and economic policy advisors?
Biden told not to change Iran policy Israeli Foreign Minister Tzipi Livni has warned the US vice president-elect against changing the Bush White House policies toward Iran.
Documents linking Iran to nuclear weapons push may have been fabricated
Obama’s Afghan War Plans May Run Into Weary Public, Deficits
Project for No American Century The Project for a New American Century cut America’s stability short by almost a century.
Ruble Devaluation Concern Triggers 13% Plunge in Russian Stocks
US Banks Will Lose $450 Billion More in 2 Years: Analyst
Asian economists warn Barack Obama policies could make downturn worse
$150 billion more for AIG: US gov’t
Government Soaks Up AIG’s Toxic Credit Default Swaps On Our Dime

World business leaders see more fiscal pain
Credit Suisse reportedly shuts down bond fund
Top hedge fund managers 'funereal' in midst of financial crisis
Worst retail sales trend since 1974 expected
Cisco warning signals trouble ahead in tech sector
Stocks Slump as Earnings Concern Overshadows Stimulus...
Growing credit crisis claims more victims...
STARBUCKS profit drops 97%...
GM needs federal aid in coming weeks...
BAILOUT? Fed gives AMERICAN EXPRESS full bank status...

Blackouts in Gaza as fuel supply cut off
NYT: SECRET ORDER LETS U.S. RAID AL-QAIDA IN MANY COUNTRIES... Gorbachev calls on Obama to carry out 'perestroika' in USA... NYC To Toll Every Major Bridge Into Manhattan...
Bloomberg: Spending cuts, layoffs...Obama Consigliere “Rahmbo” Emanuel Sent Dead Fish to Foe Kurt Nimmo | Rahmbo’s services may be required after the economy crashes and new total war fronts open in Pakistan and Iran.
A quiet windfall for U.S. banks MSNBC | Corporate tax lawyers quickly realized the enormous implications of the document: Administration officials had just given American banks a windfall of as much as $140 billion
Fed Defies Transparency Aim in Refusal to Disclose Bloomberg | The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.

Jobless rate at 14-year high as above expectation losses continue

GM, Ford losses worse than expected, burning cash

Jobless ranks hit 10 million, most in 25 years

Ford announces $129M 3Q loss, burns $7.7B in cash

Jobless rate bolts to 14-year high of 6.5 percent

Wells Fargo Earnings-diluting Offering Disappoints Street (at TheStreet.com)

Dollar falls after U.S. job losses top forecasts

Holiday Outlook Gloomier After Weak October Sales

Unemployed Nation: America’s Shrinking Payroll ABC News | In the first ten months of this year, the nation’s employers have cut nearly 1.2 million jobs and the unemployment rate is now at 6.5 percent

GM reports $2.5B 3Q loss, says running out of cash (AP) General Motors Corp. reported a $2.5 billion loss in the third quarter and warned Friday that it could run out of cash in 2009.

GM operating loss $4 billion, Ford operating loss $3 billiion

Obama’s Council On Foreign Relations Crew Steve Watson | Out with the old regime, in with the old regime.

14 more civilians die in US strike in Waziristan

Barack Obama: Brought to you by the New World Order

Obama’s Anti-Gun Agenda Spurs Record Firearms Sales

No “Change” In Israeli Manipulation Of U.S. Foreign Policy Under Obama President elect Barack Obama’s first act of “change” upon winning the Democratic presidential nomination back in June was to don a joint US-Israeli label pin, head on over to AIPAC and prostrate himself in front of the Israeli lobby, vowing to keep military action in mind for Iran and promising to hand over another $30 billion of American taxpayers’ money in military assistance to the Zionist state.

Obama’s American Dream: Servitude Kurt Nimmo | Obama’s American dream includes forced labor and mandatory servitude for all Americans, including the elderly.

Emanuel’s father: His son will not “clean the floors of the White House” like an Arab Jerusalem Post | Dr. Benjamin Emanuel said he was convinced that his son’s appointment would be good for Israel. “Obviously he will influence the president to be pro-Israel,” he was quoted as saying. “Why wouldn’t he be? What is he, an Arab? He’s not going to clean the floors of the White House.”

GM Reports $2.5B Loss... ...May Not Have Enough Cash to Finish Year Stock Rocked...

Wall St. has worst week of a presidential election... ...

Bloomberg wants more taxes; would raise millions for cash-strapped NYC...

Schwarzenegger: $4.4B in tax hikes...
States consider billions in cuts...

Holiday Outlook Gloomier After Weak October Sales

World markets tumble on renewed economic fears

Who’s going to Finance the rising US National Debt?

Troops hope Obama brings them home as ‘Commander in Chief’

Wall St extends losses on economic gloom Stocks extended their sell-off on Thursday as concerns of a worsening economic downturn were fueled by a disappointing revenue outlook from Cisco Systems and bleak sales from major U.S. retailers.
STOCKS CONTINUE POST-ELECTION PLUNGE...
Dow, S&P 500 Post Worst Two-Day Decline Since 1987...

Editorial: Don’t pin much hope on Obama 7 November 2008 …..But a president whose deputy is Joe Biden, a man who last year said that israel is “the single greatest strength america has in the Middle East (oh yes…suuuure…can’t you see the economic and geopolitical benefits america has derived from following israeli policy in the middle east)” and who is proud to call himself a Zionist, is not going to turn his back on the Israelis. His appointment of Rahm Emanual as his chief of staff makes that doubly certain. Emanual is an even more convinced Zionist (his father was a member of the Zionist terror organization Irgun), not to mention a prominent figure in the US Jewish lobby. Far from challenging Israel, the new team may turn out to be as pro-Israeli as the one it is replacing….. Barack Obama, Neocon

Obama’s Treasury Candidates: Old Guard Of The Corporate Elite

Obama Supporter Waves Communist Flag at Victory Celebration Outside White House

Ron Paul: Republicans Have Lost All Credibility; But Obama’s Core Policies Mirror Bush

Will Obama Keep His Promise To Reverse Bush Executive Orders?
VOTER TURN-OUT SAME AS 2004... Day One: Obama faces Cold War threat and warning from Israel...

Rahm Emanuel and Obama’s Civilian Security Force Kurt Nimmo | If Obama’s soon-to-be chief of staff stabs a knife into a table while denouncing the enemies of his former boss, Bill Clinton, it does not take a lot of imagination to predict how Obama’s Civilian Security Force will be used.

Obama’s First Appointment Is Son Of Zionist Terrorist Buckling to terrorist israeli pressure President elect Barack Obama’s first appointment, Rahm Emanuel, who is set to become chief-of-staff, is the son of a member of the Zionist terrorist group Irgun, which was responsible for bombing hotels, marketplaces as well as the infamous Deir Yassin massacre, in which hundreds of Palestinian villagers including women, children, and babies were slaughtered.

U.S. to Sell $55 Billion in Long-Term Debt Next Week The U.S. Treasury said it plans to sell $55 billion in long-term government debt this quarter and bring back auctions of three-year notes, as a slowing economy/runaway spending balloons the budget deficit to a record level.

Treasury wants to borrow record $550B...

U.S. Stocks Drop on Economic Concern

Fresh U.S. air raid kills Afghan civilians: officials

Stocks Have Biggest Post-Election Slump.... History List...

U.S. border police arrest Mexican troops

Mexican officials held for selling intel to drug cartels

US-led strike kills 36 Afghan civilians

General Motors Bankruptcy? An Economic Nightmare

Ex-Bear Stearns exec now at Fed (AP) The former chief risk officer at investment bank Bear Stearns Cos., which nearly collapsed in March, is now a senior official of the Federal Reserve division that supervises U.S. banks. Brilliant….riiiiight!

Some owners deserting factories in China

UPDATE - Japan seen slipping into recession in Q3

Czech opposition demands top court examine U.S. missile deal

EXIT POLLS CLAIM 'OBAMA +15' IN PA... drudge DEVELOPING...
TOO CLOSE TO CALL AT CLOSE: FL, IN, OH...
MCCAIN KEEPING AZ... drudge DEVELOPING...
DEM EARTHQUAKE...
'LANDSLIDE'
1 President, 35 Senate Seats, 435 House, 11 Govs... drudge DEVELOPING...
SENATE: DEMS SEE 58 SEATS; EXIT POLLS SHOW OBAMA BIG

US defense secretary insanely and incompetently expands pre-emptive war doctrine to include nuclear strikes

Israeli troops kill civilian in Gaza raid: Hamas (Reuters)

US military raid inside Syria's border

Flashback: Max Keiser Calls Paulson and the Bankers “Financial Terrorists”

They Made a Killing: The Use of Knowledge of Covert Operations in the Stock Market

Worst is yet to come for economy

Uses for $700 billion bailout money ever shifting

Alan Greenspan’s 18 year crime spree was “a mistake”

Thousands of hedge funds, banks, companies on brink of failure

Americans Don’t Want a Corporate Bailout U.S. News & World Report | Americans want the free market and not Washington to decide which companies live or die.

Medvedev: US to blame for global financial crisis

Debt linked to huge buyouts is tightening the vise

Inflation, Stagflation, Are Looming Threat

Evidence of a recession piles higher with new data

Ex-CIA Man Warned Top Executives To Leave New York On 9/11

AP IMPACT: Flood of wounded GIs swamps care units (AP)

Prince Turki accuses US government of doublespeak

Israeli security chief warns of assassination by israelis to thwart peace...

Pakistan warns US over missile strikes Pakistan’s Defense Minister Chaudhry Ahmad Mukhtar has warned the US General David Petraeus of growing anti-American sentiments in the country.

RAND (think stink tank with new plan based upon the Iraq plan debacle that worked so well for the u.s. and the deficit laden economy) Lobbies Pentagon: Start War To Save U.S. Economy Paul Joseph Watson | EXCLUSIVE: Shocking proposal urges military leaders to attack major foreign power.

Lies and Audiotape: Morgan Chase Exec Brags Bailout Is for Compensation/Bonuses, Takeovers, Restructuring, Not Lending Boston Globe | Congressional investigators demanded State Street Corp., Citigroup Inc., and seven other banks justify billions of dollars in pay and bonuses after they accepted $125 billion as part of a taxpayer-funded bailout.
U.S. Economy: GDP Shrinks (even with fake better than expected GDP numbers from corrupt commerce department) at Fastest Pace Since 2001 The government falsely reported Thursday that the economy shrank only 0.3 percent in the July-September period, still a significant slowdown after growth of 2.8 percent in the prior quarter in the summer, sending the strongest signal yet that a deep recession has already begun. Consumer spending, which accounts for two-thirds of the economy, dropped by the largest amount in 28 years in the third quarter. One expert says multiple levels of things going wrong in u.s. recession, ie., consumer spending down and declining, housing recession, fraudulently worthless investments, worthless Weimar dollars that are being printed/created like mad, etc.. Another expert says fake GDP number in 3rd quarter does not capture slowdown which will be reflected in 4th quarter with minimum 2-4% decline.
Asian shares fall, to post worst month ever

Consumer Confidence and Dollar Plunge; Oil Prices Soar

Georgia accused of targeting civilians

The 2008 land grab for food and financial security
Israel demolishes dozens of West Bank shacks (AP)
Spector killed actress in fit of rage: prosecutor

11-06-08 Barack Obama wins american presidency (by what is close to but dare not be called landslide) ….. Congratulations! … (dated 10-31-08)

It's Year Five, Do You Know Where Your Senators Are? OpEdNews

Airstrike Kills 7 Afghan Children

International law breaker israel to Get $30bn US aid (money that u.s. doesn’t really have) cementing america’s global decline even as defacto bankrupt u.s is in drastic need of aid

U.S. far down the list of most peaceful nations, study shows The Associated Press Published: May 30, 2007

US Air Strike Kills 7 Afghan Children, Army Says (Update2) Bloomberg - By Ed Johnson June 18 (Bloomberg) -- Seven Afghan schoolchildren were killed yesterday in a coalition air strike against a suspected al-Qaeda safe house in eastern Paktika province that also left several militants dead, the US military said.
Children die in Afghan bombing ABC Online
Airstrike on al Qaeda kills 7 children CNN

Karzai Calls Coalition ‘Careless’ New York Times - By BARRY BEARAK KABUL, Afghanistan, June 23 - Somber, impatient and angry, President Hamid Karzai of Afghanistan on Saturday accused the United States military and its NATO allies of carrying out “careless operations” that lead to civilian casualties, ...
Afghan President angry over civilian deaths ABC Online
Karzai says US and NATO are careless Houston Chronicle

US charges two soldiers with premeditated murder Taipei Times

Canada among world's most peaceful nations The United States and Iran finished in a virtual dead heat, and way down the list, in a magazine's assessment of the peacefulness of 121 countries. Meaningfully lawless uncivilized criminal nation america has added their tainted touch to bring Iraq down to dead last on the list; and, don’t forget war criminal nation america has probably played a role in Iran’s status in light of criminal america’s op’s to destabilize Iran. In sum, the study/ranking confirms if not understates my own direct observation and experience with meaningfully lawless criminal america.
Finland ranks as world's sixth most peaceful country Helsingin Sanomat
Norway tops peaceful nation list, Iraq rates lowest Radio Australia
Magazine's 'peace index' puts US, Iran near bottom of list, Canada ...
Norway tops peaceful nation list, Iraq (thanks to america) rates lowest Iraq (thanks to criminal nation america) was in last place, with Sudan and international war criminal nation israel just above. Some two-dozen indicators were used, including wars fought in the past five years, arms sales, prison populations and incidence of crime.
Britain drops down peace table Metro, UK - May 30, 2007
The wars in Iraq and Afghanistan have pushed Britain down into criminal america’s league of violent/unpeaceful nations.
Ghana: World's 40th most peaceful The Statesman Online, Ghana - Scandinavian countries are the most peaceful in the world. New Zealand ranks second and Denmark third on the list, which notably puts Japan near the top and ...
UAE Ranks Among World's Top 50 Peaceful Countries Bernama, Malaysia - ABU DHABI, May 31 (Bernama) -- The UAE is in the top 50 of the world's more peaceful nations, and is the third most peaceful Gulf country,
Iran, US have something in common: Both rank high in violence Detroit Free Press
The United States and Iran finished in a virtual dead heat, and way down the list, in a magazine's assessment of the peacefulness of 121 countries. Meaningfully lawless uncivilized criminal nation america has added their tainted touch to bring Iraq down to dead last on the list; and, don’t forget war criminal nation america has probably played a role in Iran’s status in light of criminal america’s op’s to destabilize Iran. In sum, the study/ranking confirms if not understates my own direct observation and experience with meaningfully lawless criminal america.
New Peace Index Ranks US Among Worst Nations Chosun Ilbo, South Korea - A new study has ranked Norway as the most peaceful country in the world, while placing the US near the bottom.
US ranks low, just above Iran on peace index China Daily, China - WASHINGTON - The United States is among the least peaceful nations in the world, ranking 96th between Yemen and Iran, according to a new index released on 5-31-07.
The data were drawn from the United Nations, the World Bank, peace groups and the magazine researchers' own assessments, Williamson said. "We are just mechanics and technicians behind the index," he said. Norway was rated as the country most at peace, followed by New Zealand, Denmark, Ireland and Japan. Canada placed eighth, behind Finland and Sweden. Iraq was in last place, with Sudan and international war criminal nation israel just above. The united states is among the least peaceful nations in the world. Some two-dozen indicators were used, including wars fought in the past five years, violence, organized crime, arms sales, prison populations and incidence of crime.
In sum, the study/ranking confirms if not understates my own direct observation and experience with meaningfully lawless criminal america.

10 Most peaceful

1. Norway
2. New Zealand
3. Denmark
4. Ireland
5. Japan
6. Finland
7. Sweden
8. Canada
9. Portugal
10. Austria

The least peaceful

97. united states Violent Crime Up For Second Year
112: Angola
113. Ivory Coast
114. Lebanon
115. Pakistan
116. Colombia
117. Nigeria
118. Russia
119. Israel 'COUNTDOWN' TO ISRAEL'S END Yeah!
120. Sudan
121. Iraq

Former FBI head louie freeh, considered the most corrupt (and also the dumbest) director in FBI history, realizing it’s all coming back on him, the corrupt, incompetent jersey city boy, with few legitimate marketable skills, bought and paid for, cashed out and who endorses mob man Giuliani for 2008...

Judicial Watch
... friendly page For Immediate Release Oct 8, 2002 Contact: Press Office 202-646-5188 LOUIS FREEH WILL NOT ESCAPE ACCOUNTABILITY Judicial Watch Lawsuits and Investigations Seek To Hold Him ...
Description: Judicial Watch is a non-profit, public interest law firm dedicated to fighting government corruption.
http://www.judicialwatch.org/2619.shtml - Click here

LOUIS FREEH WILL NOT ESCAPE ACCOUNTABILITY
... For Immediate Release Oct 8, 2002 Contact: Press Office 202-646-5188 LOUIS FREEH WILL NOT ESCAPE ACCOUNTABILITY Judicial Watch Lawsuits and Investigations Seek To Hold Him Accountable ...
Description: no description
http://www.judicialwatch.org/printer_2619.shtml - Click here

Judicial Watch
... CASE BY ENERGY DEPARTMENT WHISTLEBLOWER TO PROCEED AGAINST FORMER FBI DIRECTOR LOUIS FREEH NOTRA TRULOCK ALLEGES ILLEGAL FBI SEARCH AND SEIZURE IN RETALIATION FOR ARTICLE CRITICAL OF ...
Description: Judicial Watch is a non-profit, public interest law firm dedicated to fighting government corruption.
http://www.judicialwatch.org/1107.shtml - Click here

JUDICIAL WATCH VICTORY: APPEALS COURT ALLOWS CIVIL RIGHTS CASE BY ENERGY DEPARTMENT WHISTLEBLOWER TO PROCEED AGAINST FORMER FBI DIRECTOR LOUIS FREEH
... CASE BY ENERGY DEPARTMENT WHISTLEBLOWER TO PROCEED AGAINST FORMER FBI DIRECTOR LOUIS FREEH NOTRA TRULOCK ALLEGES ILLEGAL FBI SEARCH AND SEIZURE IN RETALIATION FOR ARTICLE CRITICAL OF ...
Description: no description
http://www.judicialwatch.org/printer_1107.shtml - Click here

Judicial Watch
... BUSH ADMINISTRATION EFFORT TO BLOCK CIVIL RIGHTS SUIT AGAINST FORMER FBI DIRECTOR LOUIS FREEH BY ENERGY DEPARTMENT WHISTLEBLOWER NOTRA TRULOCK (Washington, DC) Judicial Watch also announced ...
Description: Judicial Watch is a non-profit, public interest law firm dedicated to fighting government corruption.
http://www.judicialwatch.org/1761.shtml - Click here

Judicial Watch
... Contact: Press Office 202-646-5188 SUPREME COURT RULES AGAINST FORMER FBI DIRECTOR LOUIS FREEH Judicial Watch Wins Victory on Behalf of Client Notra Trulock Case to Proceed to Discovery ...
Description: Judicial Watch is a non-profit, public interest law firm dedicated to fighting government corruption.
http://www.judicialwatch.org/2814.shtml - Click here

JUDICIAL WATCH VICTORIES
... BUSH ADMINISTRATION EFFORT TO BLOCK CIVIL RIGHTS SUIT AGAINST FORMER FBI DIRECTOR LOUIS FREEH BY ENERGY DEPARTMENT WHISTLEBLOWER NOTRA TRULOCK (Washington, DC) Judicial Watch also announced ...
Description: no description
http://www.judicialwatch.org/printer_1761.shtml - Click here

SUPREME COURT RULES AGAINST FORMER FBI DIRECTOR LOUIS FREEH
... Contact: Press Office 202-646-5188 SUPREME COURT RULES AGAINST FORMER FBI DIRECTOR LOUIS FREEH Judicial Watch Wins Victory on Behalf of Client Notra Trulock Case to Proceed to Discovery ...
Description: no description
http://www.judicialwatch.org/printer_2814.shtml - Click here

Judicial Watch
... directed against him by Clinton administration officials, former FBI Director Louis Freeh, and the now thoroughly discredited FBI. Trulock’s First Amendment rights were violated by ...
Description: Judicial Watch is a non-profit, public interest law firm dedicated to fighting government corruption.
http://www.judicialwatch.org/3431.shtml - Click here

JUDICIAL WATCH VICTORY: JUDGE ORDERS CIA TO PRODUCE TRULOCK DOCUMENTS FOR REVIEW
... directed against him by Clinton administration officials, former FBI Director Louis Freeh, and the now thoroughly discredited FBI. Trulock’s First Amendment rights were violated by ...
Description: no description
http://www.judicialwatch.org/printer_3431.shtml - Click here

Judicial Watch
... Circuit. This reinstated case involves Trulock's claims against former FBI Director Louis Freeh for violating his constitutional rights. “The Bush Justice Department feared that if the Trulock ...
Description: Judicial Watch is a non-profit, public interest law firm dedicated to fighting government corruption.
http://www.judicialwatch.org/1431.shtml - Click here

Judicial Watch
... wiretap warrant applications by FBI agents (signed-off by the former FBI Director, Louis Freeh) to the Foreign Intelligence Surveillance Act (FISA) Court. Prior to September 11th, SA Wright ...
Description: Judicial Watch is a non-profit, public interest law firm dedicated to fighting government corruption.
http://www.judicialwatch.org/2469.shtml - Click here

Judicial Watch
... waiting for documents to be produced by the government. Notra Trulock’s case against Louis Freeh was settled in early 2004. Notra Trulock’s case against Wen Ho Lee ended with a summary judgment ...
Description: Judicial Watch is a non-profit, public interest law firm dedicated to fighting government corruption.
http://www.judicialwatch.org/ntrulock.shtml - Click here

TRULOCK CASE AGAINST WEN HO LEE DISMISSED AT REQUEST OF PRESIDENT BUSH
... Circuit. This reinstated case involves Trulock's claims against former FBI Director Louis Freeh for violating his constitutional rights. “The Bush Justice Department feared that if the Trulock ...
Description: no description
http://www.judicialwatch.org/printer_1431.shtml - Click here

FBI AGENT ROBERT WRIGHT SAYS FBI AGENTS ASSIGNED TO INTELLIGENCE OPERATIONS CONTINUE TO PROTECT TERRORISTS FROM CRIMINAL INVESTIGATIONS AND PROSECUTIONS
... wiretap warrant applications by FBI agents (signed-off by the former FBI Director, Louis Freeh) to the Foreign Intelligence Surveillance Act (FISA) Court. Prior to September 11th, SA Wright ...
Description: no description
http://www.judicialwatch.org/printer_2469.shtml - Click here

Notra Trulock v. Wen Ho Lee, et al.
... waiting for documents to be produced by the government. Notra Trulock’s case against Louis Freeh was settled in early 2004. Notra Trulock’s case against Wen Ho Lee ended with a summary judgment ...
Description: no description
http://www.judicialwatch.org/printer_ntrulock.shtml - Click here

It's Year Five, Do You Know Where Your Senators Are? OpEdNews

(1-7-08) With sloth-like reflexes and speed the lazy, fallible frauds on wall street now recognize, yes we’re already in a recession. Forget Bulls/Bears. Their new mascot: The Prehistoric Sloth. Sloths all, the lunatic/frauds on wall street are slothish on america.

SELLER

Lawrence York

· · Industrial production plunged 2.8% in September, the biggest drop since September 1974.

· · The Philadelphia Fed's manufacturing index slumped to its lowest level since October 1990.

· · The National Association of Home Builders' housing market index hit a record low.

· · The Fed's October Beige Book showed across-the-board weakening of activity in all 12 reporting districts.

· · September retail sales fell 1.2%, the biggest drop since Aug. 2005.

Sell-off in US Treasuries raises sovereign debt fears Daily Telegraph | Washington can no longer borrow with impunity.

Arctic Sea Ice about to hit ‘normal’ – what will the news say? Barring an about face by nature or adjustments, it appears that for the first time since 2001, Arctic Sea ice will hit the “normal” line as defined by the National Snow and Ice Data Center (NSIDC) for this time of year.

Drudge vs. the Senate? U.S. SENATE WARNS ALL STAFF TO AVOID DRUDGE... Senate Tells Employees Not to Read Drudge Report Drudge Report | Just as the healthcare drama in the capitol reaches a grand finale, congressional officials are warning employees to avoid the Drudge Report.

The following by John Lounsbury is worth a look if only for the real life example of how such fraud was perpetrated:

Palestinian killed as Israelis fire on protestors (AFP) AFP - A Palestinian teenager was killed and several others were wounded Tuesday as Israeli troops fired on protestors near the Gaza border while Israeli Arabs and Palestinians marked "Land Day."

Tel Aviv must compensate Gaza War victims: UN GENEVA: Israel should pay Palestinians reparations for loss and damages suffered during last year’s war in the Gaza Strip, the UN Human Rights Council said Thursday … The resolution was opposed by the United States and five European countries.

NATO rejects Russian call for Afghan poppy spraying Reuters | NATO Wednesday rejected Russian calls for it to eradicate opium poppy fields in Afghanistan.

World is headed for a global revolution – authors The world may have been brought crashing to its knees by the economic crisis, but some say we have not seen anything yet.

Israel brushes off Mossad agent's expulsion from Britain Telegraph.co.uk - Adrian Blomfield

‘Netanyahu seeks US bombs for Iran attack’ As Israeli Prime Minister Binyamin Netanyahu plans a visit to Washington, a report says he will ask the US to release sophisticated bombs needed for a possible strike on Iran’s nuclear sites.

Putting a price on Afghan life AlJazeera | In Afghanistan, if foreign troops kill an innocent civilian by accident, families may receive compensations of around $2,500.

Putin Says Iran’s Nuke Plant Should Be On Line by Summer Fox News | Russia has been helping Iran build the plant in the southern city of Bushehr since the mid-90s but its launch has been marred by a series of delays and setbacks.

Expect a False Flag Terror Attack To Precede Invasion Of Iran Paul Craig Roberts | The U.S. population, it seems, is comprised of naifs whose lack of comprehension is bringing ruin to other lands.

Corporate Media Hypes “Homegrown” Threat of Patsies, Dupes, and Mental Deficients Kurt Nimmo | Is a false flag terror attack in the works?

Drudge vs. the Senate? U.S. SENATE WARNS ALL STAFF TO AVOID DRUDGE... Senate Tells Employees Not to Read Drudge Report Drudge Report | Just as the healthcare drama in the capitol reaches a grand finale, congressional officials are warning employees to avoid the Drudge Report.

Putin Says Iran’s Nuke Plant Should Be On Line by Summer Fox News | Russia has been helping Iran build the plant in the southern city of Bushehr since the mid-90s but its launch has been marred by a series of delays and setbacks.

Expect a False Flag Terror Attack To Precede Invasion Of Iran Paul Craig Roberts | The U.S. population, it seems, is comprised of naifs whose lack of comprehension is bringing ruin to other lands.

Corporate Media Hypes “Homegrown” Threat of Patsies, Dupes, and Mental Deficients Kurt Nimmo | Is a false flag terror attack in the works?

Paper: Defense official ran private spy operation A US official identified as Michael Furlong organized a network of private contractors in Afghanistan and Pakistan with the purpose of finding and killing suspected Islamic militants, The New York Times reported Monday.

Paper: Defense official ran private spy operation A US official identified as Michael Furlong organized a network of private contractors in Afghanistan and Pakistan with the purpose of finding and killing suspected Islamic militants, The New York Times reported Monday.

U.S. Debt Clock in Real Time Infowars.com | A real time updating graphic shows just how deep in debt the nation is.

Sodium Fluoride and the Forced Drugging of America Infowars.com | Boston WCVB TV report on fluoride and expands on the threat posed by this deadly neurotoxin. Pentagon Targets WikiLeaks Kurt Nimmo | WikiLeaks better hurry up and move to the Icelandic truth zone,

Taboo Inhibits Frank Iran/israel Talk Ray McGovern | Joint Chiefs Chairman Mike Mullen has warned the israelis publicly that an attack on Iran would be a “big, big, big problem for all of us.”

(1-7-08) With sloth-like reflexes and speed the lazy, fallible frauds on wall street now recognize, yes we’re already in a recession. Forget Bulls/Bears. Their new mascot:
The Prehistoric Sloth. Sloths all, the lunatic/frauds on wall street are slothish on america.

Drudge vs. the Senate? `U.S. SENATE WARNS ALL STAFF TO AVOID DRUDGE...` Senate Tells Employees Not to Read Drudge Report Drudge Report | Just as the healthcare drama in the capitol reaches a grand finale, congressional officials are warning employees to avoid the Drudge Report.

Drudge vs. the Senate? `U.S. SENATE WARNS ALL STAFF TO AVOID DRUDGE...` Senate Tells Employees Not to Read Drudge Report Drudge Report | Just as the healthcare drama in the capitol reaches a grand finale, congressional officials are warning employees to avoid the Drudge Report.