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“Let me use a word,” Christie said, urging parents of the handful of children in the room to cover their ears. “Bull—-!” he roared, using the full version of BS. “That’s what it is! They don’t want their views blocked.” Christie ticked off the devastation caused by the storm, including about 360,000 homes or apartments destroyed, and about $37 billion in damage. Read more: http://www.myfoxny.com/story/22123708/gov-christie-calls-bs-on-dune-opponents#ixzz2S3SnjkUr The long term unemployed in the U.S are having an easier time finding jobs, while the chronic problem of long-term joblessness may disappear in the months ahead, according to a study released Monday from the Federal Reserve Bank of San Francisco. The jobless rate in the U.S. is currently at 7.9 percent, with some 12.3 million people out of work, according to the Bureau of Labor Statistics. Of that, some 4.7 million are [...] Wendy Rosen, the Democratic challenger to Republican Rep. Andy Harris in the 1st Congressional District, withdrew from the race Monday amid allegations that she voted in elections in both Maryland and Florida in 2006 and 2008. It was unclear, however, whether she could remove her name from the ballot with the election less than two months away. Under state law, a candidate has until 70 days before an election to remove [...] God Understand that not taking care of the other six and just stockpiling gold is DUMB. Get all of them taken care of, then, if you like, play with one. Personally, I’m in the gun camp. I have them for investment purposes/barter as much as I do for protection. Remember, if you can’t protect it, you can’t keep it. To those that say the government will confiscate gold, I say thats BS. They won’t [...] by Phoenix Capital Research
The financial world has entered a new state of mania with the announcement by the ECB that it will engage in “unlimited” bond buying to maintain lower interest rates for trouble EU sovereigns. As you no doubt know, our firm’s forecast was that the ECB would not engage in any large-scale bond purchasing programs. We maintain this view today regardless of the ECB’s announcement. The reason? The ECB stated very [...] DNA emits light http://www.viewzone.com/dnax.html “What Popp discovered was that benzo[a]pyrene (the cancer producing molecule) absorbed the UV light, then re-emitted it at a completely different frequency — it was a light “scrambler”. The benzo[e]pyrene (harmless to humans), allowed the UV light to pass through it unaltered. Popp was puzzled by this difference, and continued to experiment with UV light and other compounds. He performed his test on 37 different chemicals, some cancer-causing, some [...] Very Good Friday – Wrapping up a Great Week (for the Bears) Courtesy of Phil of Phil’s Stock World NOW things are getting interesting! Who wants a market that goes up and up and up – where’s the sport? Even the Nasdaq finally blew its 15-week winning streak. That helped us decide to stay pretty bearish going into yesterday’s close. This morning we went over the news and the week’s data to position ourselves [...] Percisely 1 year ago today, there was an article on FSN that had a section called, “Bernanke’s crimes against humanity, exporting higher food prices to poor nations.” The $57 pot pie, IMNSHO (in my never so humble opinion), is a “boots on the ground” observation. Might it be a just a little bit short sighted to say that we agree with ET, or we don’t agree with ET on the point that “Bernanke is is exporting [...] Update - It gets even better: Greek Deal Lacks Detailed Paperwork For Decision – DJ. What, 50 pages of promises is not enough. The Greeks “pledge” that they will grow their economy in 2013? May as well pledge unicorn cab cabs for all Germans to their southern province in perpetuity. Yet somehow this is sufficient to squeeze the EURUSD higher as a “deal is done.” Perhaps, but not so fast. As we speculated, [...] This chart from Credit Suisse cuts through all the propaganda BS like a hot knife through butter. - ZH Infowars.com From Gresham’s Law. After almost a century of the centrally planned dollar we’re delighted to present a timeline of the most amusingly disturbing speeches delivered by the Federal Reserve & Co. See below for the timeline. Source: Federal Reserve Archival System for Economic Research (FRASER) Click image to enlarge: by ZH It is not only Europe who has perfected the art of baffling everyone with intolerable and relentless bullshit. Fed members have it down pat too. Case in point, just presented prepared remarks by Fed uber-dove and vice chair Janet Yellen and hawk and Atlanta Fed president (who becomes eligible to vote in 2012) Dennis Lockhart. Here are the money quotes via Bloomberg: YELLEN SAYS `SCOPE REMAINS’ FOR ADDITIONAL FED EASING One can kneejerk every headline coming out of Europe, or one can buy gold, which has finally had enough with this endless BS and has realized that no matter what the ECB will have to print, followed by everyone else. Update: $1758
Original Source Related Videos | expand “You know what leadership means? It means that it doesn’t really matter what S&P says. We all know deep inside that no country is the same as it was 5 years ago. And the market seems to be okay with it. And as for stocks going down we were already Ralph Cramden (of Honeymooners) on thin ice. Now an infant jumped [...] Eric Sprott, Financial Sense NewsHour 27 July 2011 MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don’t Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product Original source http://news.yahoo.com/s/yblog_thelookout/20110614/bs_yblog_thelookout/workers-share-of-national-income-plummets-to-record-low “Over the last decade, the share of U.S. national income taken home by workers has plummeted to a record low. Check out the chart below, compiled by the Labor Department, and posted this week by conservative writer David Frum. It shows that the decline began with the brief recession that followed 9/11 in 2001. But it continued even as the [...] http://news.yahoo.com/s/yblog_thelookout/20110614/bs_yblog_thelookout/workers-share-of-national-income-plummets-to-record-low “Over the last decade, the share of U.S. national income taken home by workers has plummeted to a record low. Check out the chart below, compiled by the Labor Department, and posted this week by conservative writer David Frum. It shows that the decline began with the brief recession that followed 9/11 in 2001. But it continued even as the [...] “”We do not think that the entire rise in claims over the last month can be explained by special factors alone,” said Harm Bandholz, chief U.S. economist at UniCredit Research in New York. “It seems instead as if the improvement in the labor market slowed a bit.””
“”The data is not consistent with the type of growth numbers that are anticipated for the [...] by OldTulsan “…Another fact that is seldom, if ever, reported, is that the payroll jobs data reports the number of jobs, not the number of people with jobs. Some people hold two jobs; thus, the payroll report does not give the number of employed people…” http://www.counterpunch.org/lindorff11092010.html They reference John Williams ShadowStats.com site: http://www.shadowstats.com/ http://www.shadowstats.com/alternate_data/unemployment-charts “The seasonally-adjusted SGS Alternate Unemployment Rate [...] (Credit: CBS) BS News Poll analysis by the CBS News Polling Unit: Sarah Dutton, Jennifer De Pinto, Fred Backus and Anthony Salvanto. Despite Obama administration warnings that failing to do so would devastate the economy, a clear majority of Americans say they oppose raising the debt limit, a new CBS News/New York Times poll shows. Just 27 percent of Americans support raising the debt limit, while 63 percent oppose [...] Wisconsin State Journal Chart: Income disparity in the U.S.
Original Source by Phoenix Capital Research As noted in yesterday’s essay, Bernanke and pals’ claims that the US is in a recovery due to the fact the stock market has rallied are totally bogus. Bernanke is measuring his success in US Dollars, which incidentally happens to be a ruler that he can continually shrink with his policies
Much as someone might claim they’ve grown in height because they use a shorter ruler to measure [...] by Chris I wrote my resignation letter the night of January 18th, and turned it in on January 19th. My boss was in total shock! I explained to him that I was tired of the corporate BS and ready to do something different. The next day, my immediate boss and two of the higher ups asked to speak to me. I proceeding to give them a 30 minute presentation on why I [...] by ain’t Yesterday was the lowest non-holiday trading volume since just before the 2008 meltdown. I’ve tracked it every day for years and this latest few months tells me without a doubt that we have no wide spread buying support, just machines trading with each other for liquidity rebates and a bunch of conflicted WS con men spinning their typical line of BS on CNBS. ZH [...] |
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