Home Construction Sinks, Building Permits Down
Home Construction Sinks, Building Permits Down
Home Construction Sinks, Building Permits Down
The Federal Reserve Warns About The Dangers Of The Federal Reserve
A not very long time ago, in a galaxy known as the Milky Way, the
member of an occult group of sinister individuals warned that should
this group ever get to a point where it believed it could fix fiscal
problems through printing money, this would present a paramount
risk to the long-term welfare of the U.S. economy. The Next Housing
Crisis Did the Federal Reserve collude with the big banks to hold
millions of houses off the market until the Fed finished adding $1.25
trillion to the banks reserves? Boehner: Obama Exploiting Crisis To
Push Job-Killing Energy Tax
Felix Zulauf: The March 2009 Lows Wont Hold This weekends Barrons
Roundtable had an excellent update on several of our favorite market
pundits.
Its Official: Fed Governors Are Starting To Worry About A Double Dip
According to WSJ, the debates have begun inside the Fed about what
it should do in the event of a double dip.
Afghanistan Mineral Riches Story Is War Propaganda News that the U.S.
has suddenly discovered $1 trillion-worth of mineral deposits in
Afghanistan, and descriptions of the bounty as a game changer by
the corporate media, represent nothing more than crude war
propaganda designed to reinvigorate public support for a failing and
ever more pointless occupation. Afghanistan Mineral Riches Story
Is War Propaganda Steve Watson | Liberal New York Times sells
globalist occupation once more with fake news.
(6-16-10) Dow 10,405 +5 Nasdaq 2305 +0 S&P 500 1,114 -1 [CLOSE- OIL
$76.94 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$2.85 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-
GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,230 [video] Gold
Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER
$18.45 (+47% for year 2009) PLATINUM $1,567 (+56% for year 2009) /
DOLLAR= .81 EURO, 91 YEN, .68 POUND STERLING, ETC. (How low
can you go - LOWER)/ 10 YR NOTE YIELD 3.26% .. AP Business
Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly
Recap Stocks / Bonds / Currencies - Domestic / International This
Is a Secular Bear Market and The End of Buy and Hold and Hope
MARKET MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD
PRE-COMING CRASH IS BEING ACCOMPLISHED 3-11-10 6
Theories On Why the Stock Market Has Rallied 3-9-10 [archived
website file] Risks Lurk for ETF Investors The bull market that
never was/were beyond wall street b.s. when measured in gold
Property Values Projected to Fall 12% in 2010 Jan 31, 2010 The
Week Ahead: Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010
01-13-10 Forecast for 2010 from Seeking Alpha Contributor THE
COMING MARKET CRASH / CORRECTION 1-28-10 Maierhofer
(01-15-10) 11 Clear Signs Economy Sinking Economic Black Hole 1-
22-10: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not
Going To Recover Current Economic / Fiscal Charts
Trendsresearch.com forecast for 2009 1-7-10 Crash is coming!
WORST ECONOMIC COLLAPSE EVER Must Read Economic /
Financial Data This Depression is just beginning The
coming depression thecomingdepression.net MUST READ:
JEREMY GRANTHAMS QUARTERLY UPDATE 25 January 2010 (850
on the S&P) by TPC The Next Wave of Collapse is Coming Sooner
than you think Sliding Back Into the Great Depression
ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS
WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!
More stimulus? Tough sell? Who woulda thunk it? After all, the nations
already defacto bankrupt, with record unsustainable debt / debt service,
and we all see the first unaffordable stimulus plan worked like a charm
riiiiight!
SEC brings in wall street savvy experts. This is really quite a good idea and
a credit to the SEC generally, and Mother Mary particularly if this
wise development was precipitated by her. That said, there is no
question but that prosecution, jail, and most importantly,
disgorgement, are the most important tools of prospective
deterrence. Moreover, let us not deceive ourselves from the fact that
the criminal wall street frauds have the financial resources to hire
very talented like minded criminal computer geniuses and regularly
do so. Time to be very tough with these perpetual frauds!
$34 Billion Asset Manager Says Market Prices Are Manipulated, Accuses
NYSE Of Intellectual Property Theft, Debunks HFT Liquidity
Provider Lies As part of the SECs process to fix the broken
market, it is currently soliciting public feedback on a variety of
issues. Why it is doing so, we dont know after all anything that
does not conform to the SECs preconception of what the most
lucrative market to the SECs recent batch of clients (see earlier
news about an SEC director going to HFT specialist Getco) is, just
ends up in the shredder anyway
Oct 31, 2009 ... or surplus, as a percentage of GDP ... USD in Millions.
Robert D. Arnott ... GSEs, the total public debt is now at 141% of GDP. ...
www.researchaffiliates.com Nov 23, 2008 ... But state and local debt as a
share of GDP has quadrupled since 1945, ... as a percentage of the overall
economy, recently exceeding the GDP for the first time ever. ... Rob Arnott
is chairman of Research Affiliates ... Robert Arnott the latest 12
months saw our public debt and unfunded obligations grow by 18% of
GDP! No wonder the debt seems to have grown crushingly large. Its
noteworthy that, if a company computes its debt by ignoring off-balance-
sheet and unfunded obligations, the management team wins an allexpense-
paid extended holiday at Club Fed. Enron, anyone? But, if you write the
laws, you can allow yourself these games. In emerging markets debt
investments, managers are wary of sovereign credits when their deficits
approach 5% of GDP. Yet here we are, after measuring on a more
economically accurate level, running at twice this worrisome warning
level for over 25 years. The Debt If we borrow more than we earn for such
an extended period of time, the debt picture wont be pretty. Its not. At 60%
of GDP, the United States ranks about 25th in the world for indebtedness.1
But thats not the whole story. To get the complete picture, we need to
factor in state and local debt and GSEs. Note that most other (particularly
developing) countries dont have layers of autonomous public entities of
this sort. Adding federal, state, local, and GSEs, the total public debt is now
at 141% of GDP. That puts the United States in some elite company only
Japan, Lebanon, and Zimbabwe are higher. Add in household debt (highest
in the world at 99% of GDP) and corporate debt (highest in the world at
317% of GDP, not even counting off-balancesheet swaps and derivatives),
and our total debt is 557% of GDP. Less than three years ago, our total
indebtedness crossed 500% of GDP for the first time. As Figure 2 shows,
apart from the shadow banking system we are most assuredly not
deleveraging. Direct debt is rising, not falling. Add in the unfunded portion
of entitlement programs and were at 840% of GDP. Yikes. No wonder the
debt burden feels so crushing. What cant happen, wont happen. If we
cant afford our direct debt, we surely cant afford our unfunded
obligations. The stroke of a pen can take these programs to means
testing. If retirees cannot enjoy Social Security or Medicare reimbursal
until their savings are drained, the unfunded obligations disappear. This
still leaving us true, direct debt of 5 times our income. It is a daunting
figure. How many people do you know that have owed five times their
annual income and suffered no adverse consequences?
Summer Streets Of Rage Predicted For Europe & U.S. Top historians,
social and financial analysts, along with police bodies are all predicting
that Europe and America are set to experience a summer of rage, with
scenes mirroring the chaos we have seen unfold in Greece in reaction to
draconian austerity measures now being imposed by governments in the
west Deflationary Depression and Purging To Come What now that
stimulus packages are ending, money set to plunge, market control by
insiders has to end, Fed doesnt need a monopoly, bond sales down, still
high expectations for gold. Strategic Defaults: Is It Morally Right To
Decide To Simply Stop Paying Your Mortgage? In 2010, record numbers of
Americans are defaulting on their mortgages. For most of them, it is
because they simply cannot afford the mortgage payments any longer.
The End of Buy and Hold ... And Hope Brian Rezny (I was going to insert
his charts in this synopsis but there are just too many good ones and they
are a must see so go to his article, not just because I agree with much of
what he says though hes light on that depression thing and overly
optimistic as such, but because he is smart You may click here for
archived version) Buy and hold investing is a popular strategy, and the
thinking is straightforward: in the long run, the market will offer returns, in
spite of short-term volatility. In theory, this is a sensible idea.
Unfortunately, this approach does not work in todays market. Why not? Of
course, the market is down for this month. But thats not the reason this is
not a buy and hold environment. Its not just about the recent correction, or
the end of a market rally. The current trend fits into a much bigger
picture and its a picture of a long-term bear market. Secular markets are
long-term trends, typically lasting about 18 years. Secular bull markets
generally see stocks return at least 20% for the duration, while secular bear
markets see stocks decline at least 20%. And these secular trends are
interspersed with shorter, cyclical bull and bear markets. From 1982-2000
we experienced a secular bull market: in that period, stocks offered a
return if you bought and held for the duration (chart) But since then?
We have been in what I call a secular bear market. As you can see below,
an investor who bought into an index that tracks the S&P 500 as this trend
began in 2000, has experienced a negative return. And based on the typical
length of a secular bear, we could have several more years to go in this
trend (chart) And its not just over the last 30 years that this cycle has
occurred. We can look back over the last century and see a continuum of
secular markets, with bear trends starting in 1901, 1929, 1966, and 2000
The Worst Money Supply Plunge Since The Depression Means A Double
Dip Is Now A Virtual Certainty The stock of U.S. money as measured by
M3 money supply fell to $13.9 trillion from $14.2 trillion during the three
months ending in April. [ This is still an extraordinarily high level but I
dont buy it. I believe the printing presses have been working overtime to
pump out ever more worthless fiat currency and with the many trillions of
worthless fraudulent paper still out there and marked to anything. I further
believe the same is being surreptitiously used to supplant the fraudulent
paper, the consequences of which will be devastating, of course, as is
invariably so in depressions in any event. This scenario would also mean
huge fraud accomplis. ] Fiat Money Supply Contracting at Great
Depression Level The bankster operative who helped destroy Glass-
Steagall is back. Larry Summers, Obamas top economic adviser, has told
Congress to grit its teeth and approve a fresh fiscal boost of $200 billion
to keep growth on track, reports the Daily Telegraph. Fiat Money Supply
Contracting at Great Depression Level Kurt Nimmo | The Federal Reserve
stopped publishing M3 figures back in 2006.
Forecasts from Dent, Napier, and then Prechter: 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.
10 Reasons to Worry About Margin Growth a good portion of these factors will likely
impact margins by the end of the year. I dont believe this is adequately factored into
earnings estimates across the board. Given this, I believe we have seen the highs
for the year and next few quarters will be extremely volatile ...
Dow Theorist Richard Russell: Sell Everything, You Wont Recognize America By The End
Of The Year Business Insider | Pul leeze, get out of stocks now, and I dont give a
damn whether you have paper losses or paper profits!
The frauds on wall street et als should be criminally prosecuted, jailed, and disgorgement
imposed. If that were so, they wouldnt be worrying about who wins / loses since those
who fraudulently play, invariably would (and should) pay. If theyre not prosecuted,
everyone loses.
POST MORTEM AND REVIEW Ricky:
A post mortem is in order. The elements of this worldwide con game are remarkably
simple, not complex at all. Apparently you only need a few things to make a mockery of
the entire global economic system, and big banks garnered these few important things
through regulatory capture:
1) Unregulated, unenforced rules (particularly for derivatives)
2) license to mark to model (assign your own values to your assets)
3) ability to peg present value to irrational expected future returns (based on unlimited,
exponential growth)
4) infinite leverage (no effective requirements for reserve capital in unregulated shadow
markets)
5) massive size, so that the bank is "too big to fail"
6) non-transparency and non-accountability.
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 Todays 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. Napiers 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 Tobins 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
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 ones 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.
Click here to see the Debt Clock, which is updated every second.
The neo-con/israeli wet dream New Bill Gives Obama Kill Switch To Shut
Down The Internet The federal government would have absolute
power to shut down the Internet under the terms of a new US Senate
bill being pushed by israeli joe lieberman, legislation which would
hand President Obama a figurative kill switch to seize control of the
world wide web in response to a Homeland Security directive. First,
China. Next: the Great Firewall of Australia? The concept of
government-backed web censorship is usually associated with
nations where human rights and freedom of speech are routinely
curtailed. But if Canberras plans for a mandatory Internet filter go
ahead, Australia may soon become the first Western democracy to
join the ranks of Iran, China and a handful of other nations where
access to the Internet is restricted by the state. Wikileaks Afghan
Massacre Video Coming Soon After several days underground, the
founder of the secretive website WikiLeaks has gone public to
disclose that he is preparing to release a classified Pentagon video of
a U.S. airstrike in Afghanistan last year that left as many as 140
civilians dead, most of them children and teenagers. [This is what
defacto bankrupt war crimes nation america is bankrupting itself to
accomplish].
Amnesty for the Banksters, Debtors Prison for the Serfs William Norman
Grigg | The entire point of the tax auction racket is feeding the public
treasury. The Global Financial Oligarchy Eyes Government Cuts
From Greece To New York The Excavator | There is no time to stall
anymore, and pretend a global plundering class doesnt exist.
Federal Reserve Very Concerned About Double Dip Recession
Economic Policy Journal | The Federal Reserve appears to have serious
concerns that the economy is heading into a double dip recession.
On America, Somalia and You Robert Wenzel | You have to look at this
much the way you would have looked at the Roman Empire.
Paying the Price for Objectivity Toward Palestinians The propagandists for
the israel Lobby, who occupy the Wall Street Journal editorial page
while pretending to be journalists, are determined to remove Helen
Thomas from the annals of journalism. Helen Thomas: an
Appreciation Paul Craig Roberts | The White House Correspondents
Association fell in line with the demands of the Israel Lobby, and the
cowardly president of the organization added the associations
disapprobation to that of the neoconservative cabal.
RASMUSSEN POLL...
Obama Approval Falls to New Low: 42%
Obama Approval Index: -20
Strongly Approve 24%
Strongly Disapprove 44%
Total Approval 42%
SPAIN: THE NEW CRISIS IN EUROLAND...
BP chairman says company cares about the 'small people'..
The 'small people' aren't big fans of comment...
32 million watch Obama speech, down 21% from last address...
Saudi Arabia gives Israel clear skies to attack Iranian nuclear sites Saudi
Arabia has conducted tests to stand down its air defences to enable
Israeli jets to make a bombing raid on Irans nuclear facilities, The
Times can reveal. [Well, I guess thats what good Muslims do. After all,
Saudi Arabia is purported home to Mecca. The reality is that Saudi
Arabia has lost all credibility. Indeed, the sheik money seems to have
exceeded all notions of priority vis--vis Saudis pious
pronouncements of sanctimonious religiosity. I guess thats why they
are in fact a totalitarian state which merely exists for the sake of a few
family oil farms. The new Mecca will be Constantinople.]
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
Olbermann Slams Tea Party Senate Candidate For Voting Against Water
Fluoridation MSNBC Countdown host Keith Olbermann has slammed
a Tea Party Senate candidate who won a key primary victory this
week, intimating that she is crazy because she believes sodium
fluoride, a deadly poison, is poisonous. This is really quite incredible
and Angle must be lauded because of this inconvenient, and really
life / health threatening truth (but what do you expect from a dying
network that shills for a mobster like t_rump, etc.) YouTube
Removes Video of Obamatron Thug Attacking Tea Party Activist As
should be expected, the original video posted by Watson was
removed by YouTube due to terms of use violation, a common tactic
employed by YouTube to take down videos it does not agree with or
that have received complaints, ALTHOUGH TRUTH BE TOLD, I
PERSONALLY EXPERIENCED THE SAME CENSORSHIP BY JONES ET
ALS IN MY COMMENTARY ON HIS SITES, AND WOULDNT EVEN
WASTE MY TIME THERE AS SUCH, HYPOCRITS THAT THEY ARE.
$34 Billion Asset Manager Says Market Prices Are Manipulated, Accuses
NYSE Of Intellectual Property Theft, Debunks HFT Liquidity Provider
Lies As part of the SECs process to fix the broken market, it is
currently soliciting public feedback on a variety of issues. Why it is
doing so, we dont know after all anything that does not conform to
the SECs preconception of what the most lucrative market to the
SECs recent batch of clients (see earlier news about an SEC director
going to HFT specialist Getco) is, just ends up in the shredder anyway
Soros Says We Have Just Entered Act II of Crisis Bloomberg | Soros said
the current situation in the world economy is eerily reminiscent of the
1930s. Gerald Celente: U.S. Financial Markets to Collapse by End of 2010
Infowars.com | Gerald Celente is a renowned trend forecaster, publisher of
the Trends Journal, business consultant and author who makes
predictions about the global financial markets and other events of
historical importance. Jobless Claims in U.S. Decreased Last Week to
456,000 Bloomberg | More Americans than anticipated filed applications for
unemployment benefits last week.
Greek Default Seen by Almost 75% in Poll Doubtful About Trichet Global investors have
little confidence in Europes efforts to contain its debt crisis or in European Central Bank
President Jean-Claude Trichet, with 73 percent calling a default by Greece likely. 12
Reasons Why The U.S. Housing Crash Is Far From Over Over the past several months,
many in the mainstream media have hailed the slight improvement in the U.S. real estate
market as a housing recovery. US Needs Austerity Too: Hedge Fund Strategist The
United States will have to adopt austerity measures similar to the ones taken in Europe,
because the problems faced are largely the same, Timothy Scala, macro-strategist at
Sophis Investments, told CNBC.com. Market Analyst: BPs Not Going to Last as a
Company More Than a Matter of Months Weve heard politicians, even conservative
Republicans, suggest BP would be held completely responsible for the devastation
caused by the oil spill plaguing the Gulf of Mexico, even if it means its very existence.
Israeli Official Threatens to Kill Turkish PM Kurt Nimmo | It is unprecedented for a top level
state official to threaten a head of another state with murder.
US Media Terrified Of Mentioning USS Liberty Do you know that an american naval vessel
was attacked by israel in international waters, 43 years ago today, resulting in the deaths
of dozens of american sailors Arab lawmaker on flotilla sparks outrage in israel (AP) -
An Israeli-Arab lawmaker's decision to join hundreds of activists on a pro-Palestinian
flotilla has elevated her from relative political obscurity, transforming her into the poster
child for the ...
Why To Question the 2010 Stock Market Rally [Why To Question the 2010
Stock Market Rally Web Site Archived with Charts Click Here - In the
past year, we've written a lot about the similarity between the rally of
early 1930 and the one we had through April of this year. The early
1930 rally came after the market had fallen nearly 50% in the fall of
1929. The spring 1930 rally took the market up nearly 50% again, to a
level that was only about 20% below the previous peak. That rally, of
course, was also the biggest sucker's rally in history. After the market
peaked in April 1930, it crashed again, eventually ending up down 89%
from the 1929 high and more than 80% from the 1930 high. The market
did not reach the 1930 high again for another quarter of a century. The rally
that recently ended in April 2010 came after a crash that was actually
slightly more severe than the 1929 crash (53% versus 48%). It took the
market up nearly 80% from the low! The recent rally also lasted longer
than the 1930 rally did--a year, as opposed to 6 months ]
REMEMBER: In 1930, They Didnt Know It Was The Great Depression Yet
In the past year, weve written a lot about the similarity between the
rally of early 1930 and the one we had through April of this year.
Investment Banker: Its Going To Get Nasty Buy Land, Barbed Wire
And Guns A top investment banker has warned that the economic
fallout of the sovereign debt crisis could get so nasty over the next
five years that people would be wise to abandon the markets and
instead buy land, barbed wire and guns.
The Worst Money Supply Plunge Since The Depression Means A Double
Dip Is Now A Virtual Certainty The stock of U.S. money as measured by
M3 money supply fell to $13.9 trillion from $14.2 trillion during the three
months ending in April. [ This is still an extraordinarily high level but I
dont buy it. I believe the printing presses have been working overtime to
pump out ever more worthless fiat currency and with the many trillions of
worthless fraudulent paper still out there and marked to anything. I further
believe the same is being surreptitiously used to supplant the fraudulent
paper, the consequences of which will be devastating, of course, as is
invariably so in depressions in any event. This scenario would also mean
huge fraud accomplis. ] Fiat Money Supply Contracting at Great
Depression Level The bankster operative who helped destroy Glass-
Steagall is back. Larry Summers, Obamas top economic adviser, has told
Congress to grit its teeth and approve a fresh fiscal boost of $200 billion
to keep growth on track, reports the Daily Telegraph. Fiat Money Supply
Contracting at Great Depression Level Kurt Nimmo | The Federal Reserve
stopped publishing M3 figures back in 2006.
Forecasts from Dent, Napier, and then Prechter: 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.
10 Reasons to Worry About Margin Growth a good portion of these factors will likely
impact margins by the end of the year. I dont believe this is adequately factored into
earnings estimates across the board. Given this, I believe we have seen the highs
for the year and next few quarters will be extremely volatile ...
Dow Theorist Richard Russell: Sell Everything, You Wont Recognize America By The End
Of The Year Business Insider | Pul leeze, get out of stocks now, and I dont give a
damn whether you have paper losses or paper profits!
The frauds on wall street et als should be criminally prosecuted, jailed, and disgorgement
imposed. If that were so, they wouldnt be worrying about who wins / loses since those
who fraudulently play, invariably would (and should) pay. If theyre not prosecuted,
everyone loses.
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 Todays 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. Napiers 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 Tobins 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
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 ones 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.
According to the Debt Clock:
Click here to see the Debt Clock, which is updated every second.
Youre nave 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 hed never have to work again his words.
-----------------------
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 |
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 detat 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 | Its time to ditch the policies we have come to tolerate for
decades before they consume what is left of our moral core. Ive
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.
[ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenalt
yofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ].
americas just a fraudulent and failed defacto bankrupt nation.
There must be such things as parallel universes (I dont really believe that,
because there isnt) or how else do you explain the disconnect
between reality, current and prospective, and the wet dreams posited
to keep the war funding / corporate welfare programs alive in
collectively what has already become a trillion dollar boondoggle (not
counting prospective medical costs, etc.) and promises to go much
higher. Even israel apologist Cohen of The Washington Post alludes
to the Vietnam analogy. However, even if there were real goals beyond
the poppy / heroin trade which the Taliban had all but eradicated
(there isnt); even if america wasnt defacto bankrupt (america is);
even if america wasnt killing innocent civilians in large numbers (war
criminal nation america is); even if americas allies havent similarly
helped to bankrupt themselves by way of this war (they have); even if I
hadnt told you so (I did) .. this war still was, is, and remains a very
bad idea!
How does anyone take the u.s. seriously in light of their credibility
problems, war crimes, etc.? What nuke technology israel didnt steal
from the u.s., the u.s. gave them along with missile, armaments, etc..
and paid for with taxpayer money that u.s. taxpayers and the defacto
bankrupt nation dont have.
It's time to expel israel from the UN Without doubt, the israeli attack on the
Gaza-bound "Freedom Flotilla" in the dawn of Monday, May 31, 2010 is
one of the most savage crimes in recent history. It seems the ruling
power in Tel Aviv has been afflicted with a variant of mad cow
disease; otherwise, how could it be so cruel to unleash such a beastly
raid on the "Mavi Marmara," the Turkish flagship of a flotilla carrying
medical and humanitarian supplies to the hapless people of Gaza
Strip?
You think Iraq was bad? Invading Iran would be lunacy Ivan Eland,
Director of the Center on Peace and Liberty at the Independent
Institute in Washington DC, gives his opinion on new sanctions
imposed on Iran.
Glen Reply:
June 11th, 2010 at 6:47 am
Lunacy it would be.
But it is also to their great credit that the Iranians have not made their own threats.
Everyone knows there are 3 WMD threats, Nuclear Biological and chemical. The scariest of
which is Biological.
Any attack done under the threat of immediate biological retaliation would deter only the
insane.
Watch out america home of the insane, home of the leaders who want an 80% population
reduction.
A Plague Upon The World: The USA is a Failed State Dr. Paul Craig
Roberts | The American people are lost in la-la land. They have no idea that
their civil liberties have been forfeited. US citizen killed on flotilla
reportedly shot four times in head Raw Story | A forensic report said
Furkan Dogan was shot at close range, with four bullets in his head and
one in his chest, according to the Anatolian news agency. The explanation
foisted off on the americans by war criminal israelis is probably something
on the order of they just wanted to make sure they missed him.
Roberts: AIPAC purchases US elections Russia Today | Paul Craig
Roberts says that there will be nothing that is going to be done by the
United States to change the relationship with Israel.
NASA wants mission to bring Martian rocks to Earth (AP) Why? They
already have that and more:
Launch of secret US space ship masks even more secret launch of new
weapon
http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv
War in Afghanistan and Iraq costs America $1trillion From the Old | On May
30th at 10:06 the United States reached the point where they have
spent $1trillion on the wars in Afghanistan and Iraq. Sinking of the
Cheonan: A Classic False Flag Operation Russia Today | Sinking of
the warship was really intended to convince Japan not to move US
forces off Okinawa as well as divert the attention of Americans from
the dire economic situation at home. . Israel: IDF Troops Who
Murdered Unarmed Innocent People Are Brave Heroes The
government of israel, aided by many quarters of the international
media, is attempting to spin todays deadly IDF assault on a
humanitarian aid ship carrying supplies to Gaza as the fault of the
murdered activists on board the vessel, ludicrously characterizing
machine-gun carrying Israeli troops who killed over a dozen innocent
people as the victims of the incident.
Murder on the high seas JERUSALEM: Israeli marines stormed aid ships
bound for Gaza on Monday and at least 10 rights activists were killed,
triggering a diplomatic crisis and an emergency session of the UN
Security Council. European nations, as well as the United Nations and
Turkey, voiced shock and outrage at the bloody end to the
international campaigners' bid to break Israel's blockade of the Gaza
Strip
"What this means is that Neanderthals are not totally extinct. In some of us,
they live on," Paabo With regard to that extinction thing, Id say
theyre still working on it (ultimately, decades, extinction, the
distinction, without a difference). Actually, prior to studying the
compelling subject of Biological Anthropology (Michael Park text), I
too had some misconceptions about the group known as Neandertals
(recent spelling drops the h) and actually mis-referenced same by the
stereotypical image of members of said clade even as the debate
continues as to whether they are within the species homo sapiens or a
separate species. I believe these to be distinctions without important
differences, so humble the origins and evolution of man truly are.
Parenthetically, I wonder what that anthropological scientist Heidi
Klum thinks on the subject.
Previously I wrote:
FOUND: MISSING LINK BETWEEN APES AND MAN.... These stories, and
the many like it, are old news and I subscribe to the more studied view
that there is no missing link per se and in my view they are
distinctions without significant differences. I previously wrote:
To Learn More About From Whence Man Came, This Link's For You
Seeing Aliens Will Likely Take Centuries. Centuries? Not goin to happen;
at best, decades.