Brand new story from NPR as of March 22, 2013; a well-researched and all-around epic investigation into how the Feds are hiding the unemployed:
“Scotty, I’m gonna be honest with you,” the guy told him.
“There’s nobody gonna hire you … We’re just hiding you guys.”
The staff member’s advice to Scott was blunt: “Just suck all the benefits you can out of the system until everything is gone, and then you’re on your own.”
This is nuts.
Just received this from a reader:
I just got off the phone with Feinstein’s office. . . I’ll give you a rundown of what I learned:
* Semi-auto, fancy hunting rifles are on the exemption list. Staffer said he’d used one last time he went hunting–so much for the idea that politicians and judges that hunt with semi-autos will oppose the ban.
* He specifically brought up the Kel-Tec KSG as [...]
Women aged 18-24 are suckers for six packs
25-34 value career driven men
35-44 are happy to date a man 5 years older
Women over 45 often date younger men
55+ women still value sexual compatibility and are pickiest daters
Many of us look back on our dating past and wonder how on earth we could ever have considered romancing men so incompatible.
But new research has found that this is perfectly normal, revealing that women’s [...]
Many stations will begin theirs starting at 5pm est.
CSPAM – live now
WSJ (wall st jerks)
PBS (paid for by suckers) live now
ABC (all bullshit channel)
ABC on YT 4pm
NBC (nuthn but crap) 4pm
CBS (constant bs station)
CNN (communist news network)
HuffPoo begina at noon est
video2vote all day
Live Election Tracker
As the first exit polls start trickling in, readers can keep track of the live action with the following handy maps, selected from [...]
You can judge for yourself here.
The ECB: The Missing Assets/Liabilities
“To treat your facts with imagination is one thing, but to imagine your facts is another.”
Yesterday I published the assets/liabilities of the European Central Bank as provided by them. I provided some analysis that I thought was relevant as I also asked all of you to look at the numbers yourself. To be quite open; I was stunned by the data they provided and [...]
The UMW actually SUPPORTED OBAMA, and gave him over a MILLION DOLLARS of members money in 2008. Talk about the chicken voting for Colonel Sanders!!
Alpha closing 8 mines, cutting 1,200 jobs in all
Coal producer Alpha Natural Resources said Tuesday it was cutting production by 16 million tons and eliminating 1,200 jobs companywide, laying off 400 workers immediately by closing mines in Virginia, West Virginia and Pennsylvania.
Patriot Coal cuts more [...]
From The Burning Platform:
… Not only are our recent booms and busts not unique, but they have a common theme with all previous busts – greedy bankers, excessive debt, non-enforcement of regulations, corrupt public officials, rampant fraud, and unwitting dupes seeking easy riches.
Those in the know use their connections and influence to capture the early profits during a boom, while working the masses into frenzy and providing the excessive leverage [...]
From The Big Picture:
So I am still catching up with some of the more interesting reads from while I was away, and THIS damned cover made me fall off my chair:
BARRON’S: WHAT’S THE BEST BOND FUND FOR YOU?
A few words about this: The classic magazine cover contrary indicator is a non-business press issue. This is because by the time a specific financial issue reaches the cover of a mainstream media, [...]
As far as pruning is concerned, it depends on two things: what kind of plant you have, and whether you want to. Studies have not conclusively proved that pruning increases yeilds ..
There are two basic types of tomatoes: determinate and indeterminate. A determinate tomato fruits all at once; an indeterminate one fruits continuously. You should never prune a determinate tomato; pruning the “suckers” off an indeterminate tomato might increase yields.
Let’s see now, in the ’90s it was the tech stock bubble, and lots of people got wiped out when it burst. In the ’00s it was the mortgage loan bubble and lots of people got wiped out when it burst. Now it’s the student loan bubble and lots of people will get wiped out when it bursts.
In the 20th centrury stock pump & dumps were how bankers grabbed people’s [...]
They cheered as they were allowed to be the first to fork out $900 and hold that precious new iPad.
We are far from being done. The banking filth, their propaganda whores and the snake-oil peddlers have YOU, yes that’s YOU exactly where YOU need to be.
GULLIBLE, DEPENDENT, MINDLESS, SHIT WITH GIGGLES HAPPY TO ADD TO THEIR WEALTH.
I don’t think there’s ever been a time in the history of mankind where [...]
Internet Bubble: How hard was it not buy AOL when it was going up 50% a year? Don’t people know all bubbles end badly?
- That was stupid
Housing Bubble: How hard was it not buy a house with 0% down, on a 1 year ARM, with a mortgage you couldn’t afford unless your it appreciated 20% in a year?
- That was stupid
Education Bubble: Not just law school but the entire for [...]
Surviving the First Week of 2012
Courtesy of Phil of Phil’s Stock World
Yay, we made it!
Last Friday the Dow closed at 12,200 and Monday we started the new year at 12,450 and yesterday we closed at 12,415 so all the people who caught that move in the futures between 6am Tuesday morning and 10:05 Tuesday morning had a great week and the rest of you can go suck eggs.
What an appropriate way [...]
LARRY SUMMERS Corporate Fraudster on a HISTORIC LEVEL!
Wall Street uses Fraud and Asset Bubbles as TOOLS of HARVESTING Suckers!
Asset Bubbles is what Larry Summers wrote his 1989 article on – How to PUMP and DUMP the SUCKERS and NOW it is in SOFTWARE developed Go1dman’s Market Manipulation Software.
Here are links: Market Manipulati
on and Front-Running Software SCAMS G0LDMAN uses:
Go1dman $100 Million Trading Days [...]
“DEFINITION: A Ponzi scheme is a “Fraudulent Investment Operation” that pays returns to investors from their own money or money paid by subsequent investors. Run by Criminals out to loot the investors (like Wall Street), the Fraud is new investors are offered extremely high short term returns that are unusually far too LARGE and CONSISTENT payments to be BELIEVED. The Fraudulent Perpetrator(s) skims [...]
Ten Things Update – 2011
If you think that Bernanke, Obama and the rest have “fixed” the economy or the banking system, stop reading now and check into the nearest mental institution for evaluation. I’m quite serious about this; given what we now know about securitized mortgages, debt in Greece and elsewhere along with 12% of GDP being literally borrowed up and spent by the government [...]
So raise them………… Haven’t you heard? We are un-taxing ourselves into a third world nation……………. Perhaps the government needs to get out of the incentive business and simply tax income, earnings, profit on a progressive, but flat basis (i.e. more income, earnings, profit pay a little more…..). The rich would have no “loopholes” work…. Companies like GE would have [...]
Everyone has their own way of navigating financial markets to include technicals, fundamentals, witchcraft, astrology, dart throwing and so on.
I use moving averages because itâ€™s logical and it works for me. Moving averages screen out the noise and give you the price action straight up.
If a market is going to roll over, then it will do so sequentially in time frames. I break it down into hourly, daily [...]
Shoe shine boys have been giving stock tips all over again
October 29th,1929 Wall Street crash and again in 1930 after suckers rally reached a peak on hope and propaganda theyâ€™d saved the economy, but they hadnâ€™t and the reality was the Great Depression. Wall Street had become disconnect from Main Street and continued to rally on no fundamentals, then reality hit, the bubble burst, with [...]
1929 Wall Street crash and again in 1930 after suckers rally reached a peak on hope and propaganda theyâ€™d saved the economy, but they hadnâ€™t and the reality was the Great Depression. Wall Street had become disconnect from Main Street and continued to rally on no fundamentals, then reality hit, the bubble burst, with panic on Wall Street and the biggest crash ever, so far in 1930 to 1932 [...]
Partying like its 1929, 1930 or 1999. This time itâ€™s different mantra, this time fundamentals donâ€™t matter, unemployment and foreclosures donâ€™t matter, poverty doesnâ€™t matter, free funny money printed off of the presses until all th epape rin the world runs out together with all the ink in the world, given free to banksters to party with and pay the biggest bonuses ever, whilst the real poor starve still, inflation [...]
There is nothing of any substance to support prices for either and plenty of items of substance to support their decline. Cash, gold and silver (in the hand) rules, always has, always will. Time to stampede to the exits before the next lemming beats you to the punch or you will be crushed. This is moving from fear to panic very quickly so know it!. A dead cat bounce suckers [...]
Prices for stocks and houses are grossly inflated and have no place to go but down. Cash, gold and silver (in the hand) rules, always has, always will. Time to stampede to the exits before the next lemming beats you to the punch or you will be crushed. A dead cat bounce suckers rally is expected each week and will be your signal to bail out of the downward spiral [...]
But the media spin machine is in high gear…
This morning Yahoo Headlines….
India’s economy grows at fastest pace in 2 years
Poland’s economy grew 0.5 percent in 1st quarter
Japan factory output up for second straight month…
Looks like the world economy is recovering quite nicely even though NO POLICY changes have been made that will fend off the inevitable….(Apparently it’s OK for the suckers to jump back in (everything is gonna be alright)
A lot of people sold off near to the bottom, when things seemed so bad for the economy in early 2009 into what seemed like a bounce before falling lower, but this reflected the reality of the economy, but most didnÃ¢â‚¬â„¢t anticipate the extraordinary measures and willingness of just about all governments to print and borrow to bail out the bank sand give them a blank cheque to spend, which [...]
Stocks are worthless pieces of paper, unless someone buys it from you. Yes, if everyone wants to sell, the price will plummet to zero.
But Wall Street doesnÃ¢â‚¬â„¢t want you to know this. They have done everything possible to maintain the facade of security, -Ben Bernanke is helping too! With all the Ã¢â‚¬Ëœfree moneyÃ¢â‚¬â„¢ he is giving banks, the market has re-floated to bubble level again.
Wall Street wants most people to [...]