Monday, September 7, 2009

virus may cause some prostate cancers

virus the development of some prostate cancers.
link XMRV (Xenotropic murine leukaemia virus-related virus) to human cancers.
http://news.bbc.co.uk/2/hi/health/8241835.stm


http://www.google.com/search?rlz=1C1GGLS_en-USUS294US306&sourceid=chrome&ie=UTF-8&q=XMRV+how+humans+are+infected

China dumps dollar for gold

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100000821/china-bernanke-and-the-price-of-gold/

China dumps greenback for gold

Sunday, September 6, 2009

The war on drugs has failed and should make way for a global shift towards decriminalising

"The war on drugs has failed and should make way for a global shift towards decriminalising cannabis use and promoting harm reduction, says the former president of Brazil, writing today in the Observer. Fernando Henrique Cardoso argues that the hardline approach has brought "disastrous" consequences for Latin America, which has been the frontline in the war on drug cultivation for decades, while failing to change the continent's position as the largest exporter of cocaine and marijuana.

His intervention, which will reignite growing debate in Europe about how to tackle drugs, was welcomed yesterday by campaigners for drug law reform who increasingly see the impact on developing countries where drugs are produced as critical to the argument.

"After decades of overflights, interdictions, spraying and raids on jungle drug factories, Latin America remains the world's largest exporter of cocaine and marijuana," Cardoso writes. "It is producing more and more opium and heroin. It is developing the capacity to mass produce synthetic drugs. Continuing the drugs war with more of the same is ludicrous."

http://www.guardian.co.uk/world/2009/sep/06/brazil-cardoso-war-drugs-decriminalisation

China dumps greenback gets into silver

Gold shines as China dumps greenback
http://news.google.com/news/search?pz=1&ned=us&hl=en&q=silver+china
The Australian - Robin Bromby - ‎10 hours ago‎
The explanation -- and it sounds plausible -- is that China wants to convert more of its US currency holdings into gold and silver. ...
Warnings Ignored
SilverSeek.com - Theodore Butler - ‎Sep 4, 2009‎
What makes the China story so remarkable to me is that it ties together and confirms much of the silver analyses I have published over the years. ...
Precious Metals: Breakout, Fakeout or Shakeout?
Seeking Alpha - Steven Vincent - ‎14 hours ago‎
The recent move in gold and silver may be an important top, a decisive breakout or a prelude to a shakeout of weak hands before the real move. ...

Proactive Investors UK
GLD / SLV to the moon
Motley Fool - ‎Sep 3, 2009‎
On the China/Silver theme, I dunno. The government can probably talk people into buying it for a while, but I really don't know how much intrinsic demand ...
China pushes silver and gold investment to the masses Mineweb
Gold Threatens $1000, ETFs Surge ETF Database
Gold's Glitter Could Be Deadly TheStreet.com (subscription)
Benzinga
all 45 news articles »
ABX - GFI Email this story
Google's Up Against a Great Wall in China
Motley Fool - Rick Aristotle Munarriz - ‎Sep 4, 2009‎
Well, no one disputes Google's position as the second-largest search player in China. The problem is that Google is a distant silver medalist, with Baidu's ...
GOOG
Silver futures jump by 10%
Economic Times - ‎Sep 5, 2009‎
He further added that major US data and demand from electronic and manufacturing sector in China will provide further direction.

Hindu Business Line
The Untold Story Behind This Golden Breakout
Motley Fool - Christopher Barker - ‎Sep 4, 2009‎
... be considered potential near-term catalysts boosting the strength of this breakout in gold and silver -- hail from Asia. This Fool has observed China, ...
Gold, Let's Get Physical With China The Market Oracle
Right time to enhance gold stocks Hindu Business Line
China's New Investment, Student Debt, The Faux Recovery and More! Contrarian Profits
Gold Seek
all 7 news articles »
Email this story

Conde Nast Portfolio
Gold Advances as China Manufacturing Data Pushes Dollar Lower
Bloomberg - Kim Kyoungwha - ‎Sep 1, 2009‎
Among other precious metals for immediate delivery, silver rose 0.2 percent at $14.95 an ounce, platinum rose 0.9 percent to $1249.40 an ounce and palladium ...
Video: Platinum Worth Its Weight In Gold - Bloomberg Bloomberg
Copper tumbles 4% as China stock-slump fuels worries MarketWatch
Gold rebounds from early weakness, silver and platinum little changed Proactive Investors USA & Canada

fighting ideas as well as warriors, you cannot fight ideas with bullets you must defeat them with better ideas.

http://abcnews.go.com/images/ThisWeek/Krulak_letter2.pdf

typical of 21st century conflict we are fighting ideas as well as warriors, you cannot fight ideas with bullets you must defeat them with better ideas.

Marine General 2009 regarding afganistan war

Saturday, September 5, 2009

It's patient-focused. What the founders of Group Health wanted was prepaid care that was affordable and patient-centered

It's patient-focused. What the founders of Group Health wanted was prepaid care that was affordable and patient-centered http://news.yahoo.com/s/ap/us_group_health

too many vaccinations AT THE SAME TIME

"Sam's Case: Autism as a Systemic Disorder

Recently, a mother came to see me, desperate because her 2 1/2 year old son had just been diagnosed with autism. Her son, Sam, was born bright and happy, was breast-fed, and received the best medical care available (including all the vaccinations he could possibly have). He talked, walked, loved, and played normally -- that is, until after his measles, mumps, and rubella vaccination at 22 months. He received diphtheria, tetanus, whooping cough, measles, mumps and rubella, chicken pox, hepatitis A and B, influenza, pneumonia, hemophilous, and meningitis vaccines -- all before he was 2 years old. Then something changed."

too many vaccinations AT THE SAME TIME
and genetic predisposition

http://www.huffingtonpost.com/dr-mark-hyman/why-current-thinking-abou_b_275753.html

is this real treatment and real medicine or psydo science, why is mainstream MDs not concerned about all these food allergies and heavy metals that can cause disease if it is not true?

we all know that the med system in usa is totally strained to breaking point and proper diagnostics are not done unless u present at ER at the point of death. Then many tests are run to save basic life functions but thriving and health is another matter than ...

CFTC is going to impose position limits on non-commercial oil traders.

CFTC is going to impose position limits on non-commercial oil traders.
http://csis.org/publication/energy-speculation-cftc-and-position-limits


"No serious attempt has been made to defend the dollar as far I can see.
The official projected Federal deficit has now been raised to $9,000,000,000,000.
The United States was already the biggest debtor nation in the history of the world and now we have lots more debt to look forward to.
The Federal Reserve is printing lots of money to implement the financial system bail-out. They say they have an exit strategy. We'll see." http://peakwatch.typepad.com/peak_watch/2009/09/the-almighty-dollar.html

markets are manipulated in plain sight oil price is phony too

"Oil moves with the S&P 500, so the oil price is phony too. (See my Mr. Market Gets It Wrong Again.)
We no longer live in a society that bothers to pretend that things are on the up and up. The markets are manipulated in plain sight" http://peakwatch.typepad.com/peak_watch/2009/09/the-almighty-dollar.html

Friday, September 4, 2009

Super fast, super secret software used to manipulate price of oil

Inquiry Stokes Unease Over Trading Firms That Shape Markets
By LANDON THOMAS Jr.
Published: September 4, 2009
The government has released transcripts and taped conversations to back up its allegations that one trader, Optiver, profited by manipulating oil price

price of oil and about High Frequency Trading; this story discusses both.
Super fast, super secret software used to manipulate price of oil? max keiser

http://www.nytimes.com/glogin?URI=http://www.nytimes.com/2009/09/04/business/global/04optiver.html&OQ=_rQ3D1Q26refQ3Dbusiness&OP=65ceb9f7Q2FQ23oY)Q23AQ245Q2FQ5EQ24Q24cUQ23UBB,Q23B,Q23B.Q23)kQ2Ft!YQ2FQ2FQ23vnQ24)FnQ23B.Q24Q7CctRYQ5EQ22acbn

price of oil and about High Frequency Trading; this story discusses both.
http://maxkeiser.com/
Super fast, super secret software used to manipulate price of oil?

shell game run by jp morgan and goldman sacks

http://www.youtube.com/watch?v=PBlvv7kfmVU

shell game
run by jp morgan and goldman sacks

This newsweek article is a complete lie.

This newsweek article is a complete lie. Madoff had $200 total to his name in 1959 the year he was married according to marriage records, and by 1964 he had two million. He was front running the pink sheet, penny stocks and doing illegal trading from the very very beginning and continuously! no one goes from 200 to 2 million in the 1960s without breaking law.


http://www.newsweek.com/id/214890

"after Bernie Madoff's arrest, some enforcement experts speculated that the errant financier might have been an honest investment manager for much of his career. They said it was likely that he started scamming his investors only after he found himself underwater at some point and got desperate."

best secluded beaches on maui

best secluded beaches on maui

you can park free and use the beach even if you dont eat at restaurant
and
hookipa and
little mekena beach climb over best at sunset esp on sat. sun. they have drumming
baldwin beach at late afternoon and sunset

google each one, they are easy to find

also in
hana--
beaches
red sand beach (ask locals 5 min walk) most secluded beach in world
black sand beach and

there are 90 other beaches, tons and tons
like at baldwin beach you can walk for miles in either direction see tons of secluded beaches!!!!!!

also tell them to go to

twin falls, it is like 15 miles out of paia on way to hana
make sure they go to both, it takes 40 min to hike in so need half a day

also forget the bullshit bike tours go to Haiku canary and rent two bikes for the day and drive up to top of volcano and bike down then u can hitch back up to get the car!!

also asking about beaches on maui is like going to the black forest and asking where are the trees, there are 7000 beaches,

this italian song which i just discovered is so beautiful
http://www.youtube.com/watch?v=HZPf3QMKUcg
the chorus says

pass thru the love without fear
pass thru the darkness without fear
pass thru your road without fear
be how you were when you were a child
to take courage and belief and faith in your destiny

Thursday, September 3, 2009

soaring volume of trades on Wall Street in recent years

The growing popularity of the practice has contributed to the soaring volume of trades on Wall Street in recent years and, some critics argue, market volatility and rampant speculation. http://thehill.com/homenews/house/56789-afl-cio-dems-push-new-wall-street-tax

Citigroup is insolvent was unthinkable to them. They were a sacred cow. If the sacred cow gets mad cow disease, you’ve got to put it down.

Citigroup is insolvent was unthinkable to them. They were a sacred cow. If the sacred cow gets mad cow disease, you’ve got to put it down.

http://www.nj.com/business/index.ssf/2009/09/economist_barry_ritholtz_discu.html

Bear markets end with dividend yields over 5% and prices at only 5 to 8 times earnings.

Bear markets do not end with stocks still trading at nearly 20 times earnings and the dividend yield barely at 3%. They end with dividend yields over 5% and prices at only 5 to 8 times earnings.

Bear markets end with dividend yields over 5% and prices at only 5 to 8 times earnings.

The Daily Reckoning
Thursday, September 3, 2009
www.TheDailyReckoning.com

what is wrong with the usa economy and how to fix it

Clearly describes what is wrong with the usa economy and how to fix it, and why giving trillions to banking elite basically thieves will not solve the problem

http://www.ted.com/talks/view/id/625



http://paul.kedrosky.com/archives/2009/09/geoff_mulgan_po.html

predatory the industry has become, financial services industry banks

"how predatory the industry has become, and how the incumbents are pathologically unable to see that (I may be being charitable in taking their wounded-sounding protests at face value)
Last week, he stirred up a hornet’s nest by suggesting the unthinkable, namely, that the financial services industry needs to shrink. In reality, quite a few people have made that observation, but anyone in authority who dares say such a thing out loud must be beaten back. ... The financial services sector is even more important to England than to the US, but they also have been longer at the empire and banking game than we have, and as a result, at least some recognize the importance of having sound institutional structures. We have completely lost the plot in the US. While Timothy Geithner is giving lip service to having banks draw up resolution plans, every measure the Treasury has proposed had either been bank-friendly from the get-go, mere posturing, or half hearted and easily beaten back. The Turner discussion of the need to simplify legal structures reveals what a serious version of wind-down plan would need to include, and it is a virtual certainty nothing of the sort will be required in the US. " Lord Turner backed international moves to force the big, systemically important banks to draw up “living wills”, wind-down plans in the event they fail. http://www.nakedcapitalism.com/2009/09/fsas-lord-turner-tells-banks-to-get-a-death-wish.html
But the chairman of the Financial Services Authority said this drive would also have the benefit of unravelling banks’ structural complexity used to minimise tax….
Lawyers predicted that banks would resist fiercely any wholesale restructuring that could cost them hundreds of millions of dollars. They also warned that any such moves would be extremely hard to implement.
Louise Higginbottom, head of tax at Norton Rose, the law firm, said: “Many banks operate through a complex series of subsidiaries and branches.

Wednesday, September 2, 2009

Without Fear

Lyrics to
http://www.youtube.com/watch?v=HZPf3QMKUcg
Without Fear:

But be how you were when you were a child
to take courage and belief in the destiny
if papa' castigates you for punishment
while u read in the dark of night
then
"quiet that the wolf
the quiet wolf
quiet us and'the wolf

"AND the mommy says
" I call the black man nero
I call the bugbear eats you all whole during the night
darkness does you the
puncture does you
puncture does you
puncture does you

but he passes for the darkness without fear
but he passes for the darkness without fear
but he passes for the darkness without fear

Then to the unexpected one he the eta arrives you' of to love madly the man that us does not go not and' road
of uscita of it' of here of it' of it' your father gridera'
your mother asks'
your mother asks'
your mother asks'
the lover then he is thrown giu' from the built why' what and' easy becomes complicated
given
that the life is hard
that the life is hard
that the life is hard

but he passes for the love without fear
but he passes for the love without fear
but he passes for the love without fear

The danger us and' and does part of the game you not to do us case if no little living persons you hold always
hard
begins again
begins again
begins again
also for the road you bushels risking absent minded bushels bushels
pondering passes the car of the cleaning and the driver
increases the pace
increases the pace
increases the pace

but he passes for your road without fear
but he passes for your road without fear
but he passes for your road without fear

and a fine day of whatever week and a fine day of whatever week
beat to the door
beat to the door and' a
telegram she is calling you them' a
telegram she is calling you
For one comes soon for the other late however
soon or late calm and secure
comes without warning
comes and captures
comes you and captures
comes you and captures you

but he passes he passes for the death without dark fear love for your road for the death














Lyrics to Without Fear:

But.do like. you do. when.you are.a child to. to take. courage. and. belief. in the. destiny
if. papa'.mettles out punishment.for.yourself. to the. dark then. of. night. to. read.

"Quiet.where us the wolf.
Quiet. that where.us and'the. wolf.
quiet. what . us and ' the. wolf "

AND. he mommy. says.

"I call. the man. black I call.
the. bugbear. you. eats. all. whole in the. night. darkness.
you. does. he puncture
you. does. he puncture.
you. does. he puncture"

But. he passes. for. the. darkness. without. fear.
But. he passes. for. the. darkness. without. fear.
But. he passes. for. the. darkness. without. fear.

Then. to the unexpected one. you. he arrives. the eta' of. to love. madly. the man. that. not. passes do not. us
and'. road. of uscita. of it'. of. here. of it'. of. it' yours. father. gridera'.
yours. mother. asks'
yours. mother. asks'.
yours. mother. asks'
the lover. then. itself. throws. giu'. from the. built
perche'. that. that. and'. easy.

that the life is hard
that the life is hard
that the life is hard

But. he passes. for. the love. without. fear.
But. he passes. for. the love. without. fear.
But. he passes. for. the love. without. fear.

The. danger. us and'. and. does. part. of the. game you. not. to do us. case. if. no. living persons. little
you hold. always. hard. begins. of. novelty begins. of. novelty. begins. of. new also. for. he road. you.
bushels. risking bushels. absent minded. bushels. pondering passes. he car. of the. cleaning and. the. driver.
increases. the pace
increases. the pace.
increases. the pace

But. he passes. for. he yours. road. without. fear.

and. a. fine. day. of. whatever. week and. a. fine. day. of. whatever. week beat. to the. door. beat. to the.
door and'. a. telegram. she. you. is. calling them'. a. telegram. she. you. is. calling For. one. comes. soon.
for. the other. late however. soon. or. late. calm. and. secure comes. without. warning. comes. and. you.
capture

But. go he passes. he passes. for. thru death. without. fear.
But. go he passes. he passes. for. thru death. without. fear.
But. go he passes. he passes. for. thru death. without. fear.

dark love for. he yours. road for. he death












Lyrics to Senza Paura :
(feat. Elio E Le Storie Tese)

Ma come fai quando sei bambino
a prendere coraggio e fede nel destino
se papa' ti mette
per castigo al buio
poi di notte a letto
"zitto che c'e' il lupo
zitto che c'e' il lupo
zitto che c'e' il lupo"

E la mamma dice
"chiamo l'uomo nero
chiamo il babau ti mangia tutto intero
nella notte scura
ti fa la puntura
ti fa la puntura
ti fa la puntura"

ma passa per il buio senza paura
ma passa per il buio senza paura
ma passa per il buio senza paura

Poi all'improvviso ti arriva l'eta'
di amare follemente l'uomo che non va
non c'e' via d'uscita ne' di qua ne' di la'
tuo padre gridera'
tua madre pregunta'
tua madre pregunta'
tua madre pregunta'
l'amante poi si butta giu' dal fabbricato
perche' quello che e' facile diventa complicato
dato
che la vita e' dura
che la vita e' dura
che la vita e' dura

ma passa per l'amore senza paura
ma passa per l'amore senza paura
ma passa per l'amore senza paura

Il pericolo c'e' e fa parte del gioco
tu non farci caso se no vivi poco
tieni sempre duro
comincia di nuovo
comincia di nuovo
comincia di nuovo
anche per la strada tu
stai rischiando
stai soprappensiero
stai rimuginando
passa la vettura della spazzatura
ed il conducente
aumenta l'andatura
aumenta l'andatura
aumenta l'andatura

ma va per la tua strada senza paura
ma va per la tua strada senza paura
ma va per la tua strada senza paura

ed un bel giorno di qualunque settimana
ed un bel giorno di qualunque settimana
battono alla porta
battono alla porta
e' un telegramma
lei ti sta chiamando
le' un telegramma lei ti sta chiamando

Per uno viene presto per l'altro tardi
comunque presto o tardi tranquilla e sicura
viene senza avviso
viene e ti cattura
viene e ti cattura
viene e ti cattura

ma va passa per la morte senza paura
ma va passa per la morte senza paura
ma va passa per la morte senza paura

buio
amore
per la tua via
per la morte











this song is so so beautiful
about love
fear
darkness
destiny
courage like a child to face life








Mas como você faz quando você é criança
para tomar coragem e fé no destino
Se o papai o coloca
para o castigo no escuro
Então, à noite na cama
"Cale-se lá que 'o lobo
Cale-se lá que 'o lobo
Cale-se lá que 'o lobo'

E a mãe diz
"Eu chamo o homem negro
Eu chamo o bicho-papão que come um pedaço
na noite escura
faz você punção
faz você punção
faz furo "

mas em meio à escuridão, sem medo
mas em meio à escuridão, sem medo
mas em meio à escuridão, sem medo

Então de repente você atingir a idade '
amar loucamente o homem errado
Não há nenhuma maneira "lá fora" aqui ele 'da'
seu pai vai chorar '
pregunta sua mãe "
pregunta sua mãe "
pregunta sua mãe "
amante então pula fora 'da construção
porque "o que e 'fácil tornar-se complicado
dada
que a vida e 'hard
que a vida e 'hard
que a vida e 'hard

mas passa pelo amor sem medo
mas passa pelo amor sem medo
mas passa pelo amor sem medo

O perigo existe e faz parte de The Game
Você não deixe que eu ou apenas viver
Manter rígido
começa novamente
começa novamente
começa novamente
também para a maneira como você
're arriscar
're pensativo
're mulling
o carro passa o lixo
e motorista
aumentando o ritmo
aumentando o ritmo
aumentando o ritmo

mas deve estar no seu caminho sem medo
mas deve estar no seu caminho sem medo
mas deve estar no seu caminho sem medo

e um belo dia, em qualquer semana
e um belo dia, em qualquer semana
batendo na porta
batendo na porta
e 'um telegrama
ela está chamando
a "um telegrama Ela está chamando

Por um breve para o outro final
No entanto, mais cedo ou mais tarde, tranquila e segura
vem sem aviso
vem e você pegar
vem e você pegar
vem e você pegar

mas deve passar a morte sem medo
mas deve passar a morte sem medo
mas deve passar a morte sem medo

escuro
amor
no seu caminho
a morte

High frequency trading “has destroyed the link between prices and value”

High frequency trading “has destroyed the link between prices and value”

What this means is that the stock market has been rachetted up in a way where distortions in price are everywhere and value
is impossible to find.
Also, the quant guru tells Kudlow to shove his "recommend a stock" game where the sun don't shine.


Tuesday, September 1, 2009

Good news on gas reserves and oil off new zealand

Australia has the 14th largest known gas reserves on the planet. Dr. Bethune adds up proved, possible, gas reserves of 200 trillion cubic feet (tcf) of gas. countries like Russia (1.5 quadrillion cubic feet of reserves) or Iran (981 tcf), or Qatar (904 tcf). Studies reveal there could be $3.5 billion worth of recoverable oil off the coast of New Zealand.
by
The Daily Reckoning Australia

U.S. currently has a total potential gas supply of 2,074 trillion cubic feet

Do we really want these Blackwater gunmen back in the USA

Do we really want these Blackwater gunmen back in the USA after they get trained in killing and violence
and overt police brutality. Do we really want them in every police force in every city in the USA lowering the level of our
civil society to that of a war zone inside the usa over the next future 25 to 35 years. Thier heavy handed and trigger finger happy gun maniacs.
Despite Ban, Blackwater Gets Iraq Contract Extended

Senator Tim Johnson jerk arse low life distroying american banking system to help pay day lenders and credit card industry

"Banks' Favorite Dem Set To Chair Banking Committee
Senator Tim Johnson ascends to the chairmanship of the Senate Banking Committee, the biggest winners will be Wall Street, pay-day lenders and credit card companies. The biggest losers: widows and orphans" http://www.huffingtonpost.com/2009/09/01/banks-favorite-dem-set-to_n_273237.html


""He's got a long track record of supporting small predatory loan companies, pay-day loan companies," said one longtime consumer advocate, who spoke on the condition of anonymity because he would have to work with Johnson as banking chair.""

Wall Street’s job is to distribute paper and transfer wealth from the many to the few, itself. The media

"... financial media was nothing more than the marketing arm of the Wall Street retail distribution network. Wall Street’s job is to distribute paper and transfer wealth from the many to the few, including, most importantly, itself. The media’s job is to transmit the sales pitch."

http://wallstreetexaminer.com

Wall Street’s job is to distribute paper and transfer wealth from the many (the moms and pops) to the few

"The financial infomercial media plays a crucial and integral role in that system, providing a platform for Wall Street’s professional shills to reach the masses. It is the greatest manipulative system in the world since Goebbels, mastering the art of repeating the Big Lie to perfection. When a shill comes on CNBC and says buy XYZ, his in house traders are the ones doing the selling."

"One of the Big Lies is that the stock market discounts the future. We’ve had a big rally, so the economy must be about to get a lot better, so the story goes. ..... the stock market is nothing more than a liquidity meter. It measures a very particular type of liquidity. It mostly measures how much cash is burning a hole in the pockets of the dealer community.

Right now, thanks to the Fed, the dealer community, particularly the Fed’s Primary Dealers who dominate not only the Treasury market but the stock market as well, are rolling in oceans of cash, pumped directly to them by the Fed. They are using most of it to pay down debt by selling much of their questionable assets to the Fed, particularly mortgage debt and corporate debt, but they are using some of it to manipulate stocks higher. They do that because, one, it’s easy for them to do it, and two, because it’s much easier to get the suckers, oops, I mean the buy side institutions, to take the other side of the trade when prices are rising.

So as long as the Fed pumps this cash to them, stock prices will go up. It has nothing to do with the economy. It has nothing to do with discounting the future. The idea that stock prices discount the future is ridiculous. Stock markets are comprised of people, or at least the people who wrote the computer programs that do most of the millisecond trading that dominates price action. .... The media continues to feature the same people telling the same idiotic stories, pursuing the same tried and true practices of distributing insider stock, especially their own, at high prices to the masses. The cash goes right from our pockets to the pockets of the financiers, with the media getting a huge cut in the process. They are co conspirators in a massive criminal scheme, some of it legal, some of it not, to separate people from their money. This time they did it a little too well, and therein lies a problem for the economy. Few have any money left to transfer. The Fed and Treasury have set up a scam over the past year to make it look as if there’s still money, but what they have actually done is to transfer risk from the private sector to the public sector, in other words us, current and future generations of US taxpayers. In the process they’ve pumped a couple of trillion of new government debt into the economy and the markets over the past couple of months making it look as though everything is gonna be all right. .... In fact, things are getting worse as we speak, and they will continue to get worse for the short term, the intermediate term, and the long term– for as long as the same people are in charge who caused this mess in the first place; for as long as the media continues to give a platform to those same people who were responsible for all the–let’s call them what the are–crimes– that put us where we are. For as long as those in power in Washington give those same people the same power they have always had, rather than punishing them for their “mistakes”, we are going to be in this mess. So now we have transferred trillions of bad debt, some of it completely worthless paper, on to the books of the Fed and the Federal Government. What can the outcome possibly be? Ultimately default? Devaluation? Hyperinflation? Slow motion economic collapse such as that which is currently under way? One of the problems is that zero interest rates forces both people and businesses to liquidate principle in order to pay the bills. So the capital pie shrinks. A shrinking capital base means shrinking income. Shrinking income means that people will need to liquidate even more capital. The system collapses in a chain reaction." http://wallstreetexaminer.com/wp-content/uploads/2009/08/taxreceipts.png




"Meanwhile lending institutions and now the government pretend that the losses don’t exist, reporting unbelievably, that the money supply hasn’t collapsed along with everything else. They have no choice. They have to keep the con going, lest there be one final, fatal run on the banks and/or the money market funds.

The Fed’s zero interest rate policy is causing the very contraction it is seeking to avoid because it does not allow anyone to earn a fair and reasonable return on their investments. In order to pay the bills people and business must liquidate assets. At the same time, they are desperately trying to pay off debt. So the pie shrinks and money disappears. The media is the sole decision maker about who we get to pay attention to. If they feature only liars and fools, then of course it will seem that no one saw this coming. And they feature almost entirely liars, fools, and criminal manipulators. ....Because the media was and is a co-conspirator, witting or unwitting, with the Wall Street criminal distribution machine. The media is populated by conformist morons, too fat and lazy, too coddled by their Wall Street sponsors to be bothered by anything so mundane as to search for the truth. I mean, it’s not like it was hard to find. ...A whole lot of ordinary people “got it.” Only the mainstream infomercial media didn’t get it, because they are, after all, on the payroll of the Wall Street We are facing a crisis much greater than any we have faced so far. The Fed will not continue to pump cash into the pockets of the Primary Dealers indefinitely as they have been doing since March. When that cash gusher stops, or even slows, the stock market will again collapse. It simply cannot be sustained at these levels without that subsidy. They missed the biggest collapse in the last 75 years. Knowing what’s likely to happen is not their job. Their job is to talk a good game so that Wall Street can continue its game.

Ripping off the rest of us.

So Good Night, and Good Luck." http://wallstreetexaminer.com/get-instant-access-to-real-time-insights/

bearish stand as U.S. stock and bond prices

"[Paul Tudor] Jones’s Tudor Investment Corp., Clarium Capital Management LLC and Horseman Capital Management Ltd. are taking a bearish stand as U.S. stock and bond prices rise, saying that record government spending may be forestalling another slowdown and market selloff. " http://www.bloomberg.com/apps/news?pid=20601087&sid=auGWGWlnohNo

Monday, August 31, 2009

H1N1 severe form of disease, the virus directly infects the lung, causing severe respiratory failure.

“H1N1 infections … clinicians from around the world are reporting a very severe form of disease, also in young and otherwise healthy people, which is rarely seen during seasonal influenza infections. In these patients, the virus directly infects the lung, causing severe respiratory failure.”


in North America

China Sovereign Wealth Fund Openly Admits Asset Bubble Addressed By Creation Of More Bubbles

China Sovereign Wealth Fund Openly Admits Asset Bubble Addressed By Creation Of More Bubbles



One wonders at what point the US authorities will have the guts to at least admit what China is now openly saying is one big pyramid scheme. And as for the Fed's prudent approach to fighting bubbles - well, that is now completely discredited, as the only goal for the US Federal Reserve is to make sure that Wall Street's "VIP club" manages to cash out before all the stupid money and other retail investors, presumably before all hell breaks loose, and the latest bubble pops once more. Good luck to all.

1929 Dow and the 2000 Nasdaq, history repeating

1929 Dow and the 2000 Nasdaq, history repeating http://www.ritholtz.com/blog/2009/08/history-repeats/
>
click for ginormous chart
>
history repeat

any person, organization, club or cause can offer their own branded mobile service

http://www.sonopia.com/
any person, organization, club or cause can offer their own branded mobile service

gold-standard dollar “provided us with nothing less than relative peace and prosperity over a span of 136 years

""Floy Lilley at the Mises Institute, in her essay at LewRockwell.com, notes that the gold-standard dollar “provided us with nothing less than relative peace and prosperity over a span of 136 years” until that fateful year, 1913.

So how does she quantify “relative peace and security”? Well, one good way is to look at the value of the dollar, which would be strong if the country was a good investment, which it was, and in fact, “It had not only retained one hundred percent of its value, it had gained eleven percent. That’s right. The dollar we started with in 1776 bought us eleven percent more after almost seven generations.”

Then, on the “quiet 23rd of December in 1913”, J.P. Morgan and buddies got Congressional quislings to pass legislation authorizing the creation of the Federal Reserve, and to which I add that the jerk Woodrow Wilson then signed it, thus going down in history as the disastrous guy who set in motion the destruction of the dollar by the Federal Reserve creating excess money and credit.

She doesn’t make a point of it, but back then, the dollar was still gold, and thanks to the loathsome Federal Reserve creating the money to finance the bubbles of The Roaring Twenties that resulted in the Great Depression, the despicable Supreme Court infamously ruled in 1933 (and upheld by every traitorous Supreme Court case since then) that, contrary to what the Constitution said, the dollar did not have to be made of silver or gold, and that a paper “fiat” currency could be created, without limit, for any reason, even at a mere whim, anytime, day or night, 24/7, including holidays, not realizing that they were the idiots that REALLY destroyed the dollar! Gaahhh!

With this kind of disastrous stupidity, I dryly and humorlessly ask that you don’t talk to me about any “wisdom” emanating from the Supreme Court. I was hoping that Ms. Lilley would spontaneously pick up on the theme of “heap scorn on the Federal Reserve for creating too much money and credit out of thin air and the despicable Supreme Court for letting them.”"

dailyreckoning.com

brain tumors from cellphones, eye cancer, salivary gland tumors, testicular cancer, non-Hodgkin'slymphoma and leuk

the reason the antenna was long on walkie talkies years ago is the energy comes out of the tip

"Lloyd Morgan, lead author and member of the Bioelectromagnetics Society says, "Exposure to cellphone radiation is the largest human health experiment ever undertaken, without informed consent, and has some 4 billion participants enrolled. Science has shown increased risk of brain tumors from use of cellphones, as well as increased risk of eye cancer, salivary gland tumors, testicular cancer, non-Hodgkin'slymphoma and leukemia. The public must be informed."

International scientists endorsing "Cellphones and Brain Tumors: 15 Reasons for Concern" include Ronald B. Herberman, MD, Director Emeritus, University of Pittsburgh Cancer Institute; David Carpenter, MD, Director, Institute for Health and the Environment, University at Albany; Martin Blank, PhD, Associate Professor of Physiology and Cellular Biophysics, Columbia University; Professor Yury Grigoriev, Chairman of Russian National Committee on Non-Ionizing Radiation Protection, and many others. " http://www.medicalnewstoday.com/articles/161960.php

You need to invest $50 million to get any presence" in the social-networking space right now

". Traffic-Driven Web Sites. Everybody has witnessed the success of social-networking sites like Facebook and popular blogs that generate all their revenue off advertising. But as the Internet ages, that's much harder to accomplish, says Martin Zwilling, a start-up consultant in Fountain Hills, Ariz., who specializes in helping entrepreneurs find angel investors.

Zwilling says he hears pitches for new social-networking sites about once a week, but actively deters people from starting them. "I say, skip it," he says. "You need to invest $50 million to get any presence" in the social-networking space right now and it's very difficult to get people to leave established sites. What's more, he says, the amount of traffic needed to build a lucrative traffic-driven Web site is far more than most new Web entrepreneurs realize: "Until you get to the point where you have a million page views a day, you're nowhere."" http://smallbusinessanswers.yahoo.com/overrated

$592 trillion over-the-counter derivatives market FDIC Offers Billions In Guarantees For Buyers Of Failed Banks

$592 trillion over-the-counter derivatives market

"Five U.S. commercial banks, includingJPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp., are on track to earn more than $35 billion this year trading unregulated derivatives "
http://www.huffingtonpost.com/2009/08/31/loss-share-fdic-offers-bi_n_272518.html


The Savings Rate Has Recovered…if You Ignore the Bottom 99%”

the Bottom 99% -- have no savings

Commercial Real Estate Lurks as Next Potential Mortgage Crisis

Commercial Real Estate Lurks as Next Potential Mortgage Crisis http://online.wsj.com/article/SB125167422962070925.html?mod=rss_whats_news_us

Sunday, August 30, 2009

risk concentrated on taxpayer while reward concentrated in the hands of ‘private’ consortia

"UK & US styled capitalism. Definition: ‘Private sector’ gets all the taxpayer funded rewards, ‘public sector’ gets the risks. absolutely zero of the risks of building these projects got transferred to the private sector as Gordon Brown had claimed. And, in fact, the risk has been concentrated on the taxpayer while the reward has been concentrated in the hands of the ‘private’ consortia running the PFI deals.

Goldman Sachs: FRONT-RUNNING clients with ‘huddles’

http://www.ritholtz.com/blog/2009/08/goldman-sachs-the-firm-everyone-loves-to-hate/

Goldman Sachs: FRONT-RUNNING clients with ‘huddles’

J.P. Morgan Chase,holds more than $1 of every $10 on deposit in this country

J.P. Morgan Chase, an amalgam of some of Wall Street’s most storied institutions, now holds more than $1 of every $10 on deposit in this country. So does Bank of America, scarred by its acquisition of Merrill Lynch and partly government-owned as a result of the crisis, as does Wells Fargo, the biggest West Coast bank. Those three banks, plus government-rescued and -owned Citigroup, now issue one of every two mortgages and about two of every three credit cards, federal data show. http://www.ritholtz.com/blog/2009/08/goldman-sachs-the-firm-everyone-loves-to-hate/

Doctoral Dissertations In Haiku

Doctoral Dissertations In Haiku http://www.huffingtonpost.com/john-lundberg/doctoral-dissertations-in_b_271509.html

Single molecule, one million times

3d

A 3D view showing how a single carbon monoxide molecule was used to create the image using a 'tuning fork' effect

Single molecule, one million times smaller than a grain of sand, pictured for first time
Read more: http://www.dailymail.co.uk/sciencetech/article-1209726/Single-molecule-million-times-smaller-grain-sand-pictured-time.html#ixzz0PhzW2LAs

http://www.dailymail.co.uk/sciencetech/article-1209726/Single-molecule-million-times-smaller-grain-sand-pictured-time.html

Hatch, Dodd: Vicki Kennedy Would Be "Great" Replacement For Husband (VIDEO)

Hatch, Dodd: Vicki Kennedy Would Be "Great" Replacement For Husband (VIDEO) http://www.huffingtonpost.com/2009/08/30/hatch-dodd-vicki-kennedy_n_272168.html

Doug Short’s bears graph

Doug Short’s bears graph

[ Doug Short]http://dshort.com/


Saturday, August 29, 2009

Barney Frank Calls for Audit of Fed, Limits on Powers

http://www.nakedcapitalism.com/2009/08/barney-frank-calls-for-audit-of-fed-limits-on-emergency-powers/

"Rep. Barney Frank, the chairman of the U.S. House of Representatives Financial Services Committee, said he plans legislation to restrict the Federal Reserve’s emergency lending powers and subject the central bank to a “complete audit.”

At a recent town hall meeting, Frank said the House would pass a bill to use an audit to crack open the central bank’s books more widely, but in a way that will not encroach on the central bank’s monetary policy independence.

In addition, he said the House would move to rein in the authority that allows the Fed to lend to a wide range of non-bank firms in “unusual and exigent circumstances.”….

Frank said the audit and emergency lending provisions would be incorporated in broader legislation to revamp U.S. financial regulation that would likely pass the House in October. By seeking a compromise with [Ron] Paul, Frank could strengthen the broader legislation’s chance at passage…

Frank said the House legislation would pave the way for an audit to look into what the central bank “buys and sells,” but he said the data would be released after a period of several months to avoid impacting financial markets." Barney Frank Calls for Audit of Fed, Limits on Powers


"There are 2 sets of rules: 1 for the big boys and another for everyone else. But you already knew that, right?

"There are 2 sets of rules: 1 for the big boys and another for everyone else. But you already knew that, right?" http://debtsofanation.blogspot.com/2009/08/debts-of-spenders-dollar-carry-trade.html

Brazilian researchers have discovered. Tick saliva may hold cure for numerous cancers

Brazilian researchers have discovered.

Tick saliva may hold cure for numerous cancers



"The results have been more than promising.

“If I treat every day for 14 days an animal’s tumor, a small tumor, this tumor doesn’t develop — it even regresses. The tumor mass shrinks. If I treat for 42 days, you totally eliminate the tumor,” the scientist said."

this makes sense from two standpoints, one synergy between hosts and ticks, there must have been something in nature that stops cancer in animals, in past all animals got ticks

owners of 80 percent of a country's market capital

Inside Science
http://www.insidescience.org/research/study_says_world_s_stocks_controlled_by_select_few
"A recent analysis of the 2007 financial markets of 48 countries has revealed that the world's finances are in the hands of just a few mutual funds, banks, and corporations. This is the first clear picture of the global concentration of financial power, and point out the worldwide financial system's vulnerability as it stood on the brink of the current economic crisis.

in Zurich did a physics-based analysis of the world economy as it looked in early 2007. Stefano Battiston and James Glattfelder extracted the information from the tangled yarn that links 24,877 stocks and 106,141 shareholding entities in 48 countries, revealing what they called the "backbone" of each country's financial market. These backbones represented the owners of 80 percent of a country's market capital, yet consisted of remarkably few shareholders.

"You start off with these huge national networks that are really big, quite dense," Glattfelder said. “From that you're able to ... unveil the important structure in this original big network. You then realize most of the network isn't at all important."

Friday, August 28, 2009

caroline kennedy speaks about teddy

http://abcnews.go.com/video/playerIndex?id=8440346

new different woodstock trailer -- go see what the center of the universe is like

new different wood stock trailer -- go see what the center of the universe is like

St. Paul writes, 'He that deceiveth himself is not wise.'

St. Paul writes, 'He that deceiveth himself is not wise.'

biggest bear market rallies in American history

dailyreckoning.com

"Where's the market been?

"The answer is that the market's caught up in one of the biggest bear market rallies in American history. See for yourself:

Depression-Era Bear Market Rallies

Betrayal is the breaking or violation of a presumptive social contract, trust, or confidence

"Betrayal is the breaking or violation of a presumptive social contract, trust, or confidence that produces moral and psychological conflict within a relationship amongst individuals, between organizations or between individuals and organizations. " http://en.wikipedia.org/wiki/Betrayal

defeated, discouraged, hopeless men and women, cringing and fawning as they come to ask for public aid. It is a spectacle of national degeneration.

"defeated, discouraged, hopeless men and women, cringing and fawning as they come to ask for public aid. It is a spectacle of national degeneration. This is the fundamental tragedy for America." http://tbm.thebigmoney.com/articles/history-lesson/2009/08/26/when-american-dream-died?page=0,2

Middle-class horror stories of the Depression run to the humiliation

"Middle-class horror stories of the Depression run to the humiliation"

New York Times has no integrity anymore

"New York Times seems to be adopting a similar fawning posture towards health insurers. A few weak ago, it ran a story that was an obvious media plant, a flattering, or more accurately, one-sided portrait of a health insurance industry lobbyist, one Karen Ignagni."

New York Times has no integrity anymore
New York Times all the fact fit to be planted by PR firms and lobbiests.

Oil Speculation

Oil Speculation Goldman and lax regulation

citi too big to exist, break citi into small pieces

http://brucekrasting.blogspot.com/2009/08/what-c-worth.html

citi too big to exist, break citi into small pieces
feed the pieces to china
nothing left

deep, skeletal exhaustion and existential dread

"deep, skeletal exhaustion and existential dread "
the
"Apple Store Genius Bar ("the Smartass Bar,""

We'll make health care affordable and available to you.

""McCain opened it up to questioning, one man angrily pointed at him and asked the senator why he deserves a better health care plan than him. "I'm trying to get it for you," McCain told him. "We'll do it for you. We'll make it affordable and available to you.""" http://news.yahoo.com/s/ap/20090827/ap_on_go_co/us_health_care_mccain

We'll make health care affordable and available to you.

Thursday, August 27, 2009

Elizabeth Warren - Paulson saved the world of mobsters of banking : citi, goldman, jp morgan

http://www.youtube.com/watch?v=I2zjtlPzQ7c

Elizabeth Warren - Paulson saved the world of monsters of banking : citi, goldman, jp morgan

Elizabeth Warren - Paulson saved the world of mobsters of banking : citi, goldman, jp morgan

HEALTH CARE FIT FOR ANIMALS

A month later, Mr. Potter was back home in Tennessee, visiting his parents, and dropped in on a three-day charity program at a county fairgrounds to provide medical care for patients who could not afford doctors. Long lines of people were waiting in the rain, and patients were being examined and treated in public in stalls intended for livestock.

“It was a life-changing event to witness that,” he remembered. Increasingly, he found himself despising himself for helping block health reforms. “It sounds hokey, but I would look in the mirror and think, how did I get into this?”



http://www.nytimes.com/2009/08/27/opinion/27kristof.htm...

Senator MCCain

"Senator MCCain......your a disgrace. The arrogance you continue to hide behind can no longer be your badge of courage. Arrogance and Greed will not only be the down fall of the party you represent , but the down fall of our Country."

US macroeconomic stability since the mid-1980s

Oil and the Great Moderation
Anton Nakov and Andrea Pescatori

ABSTRACT
We assess the extent to which the greater US macroeconomic stability since the mid-1980s can be accounted for by changes in oil shocks and the oil elasticity of gross output. We estimate a DSGE model and perform counterfactual simulations. We nest two popular explanations for the Great Moderation: smaller (non-oil\link real shocks and better monetary policy. We find that oil played an important role in the stabilisation. Around half of the reduced volatility of inflation is explained by better monetary policy alone, and 57% of the reduced volatility of GDP growth is attributed to smaller TFP shocks. Oil related effects explain around a third.