Notes on Money Trail:

I'll place these and update these as time allows. Those of you that are investors will be able most times to see where the money is headed. Please research before, don't take my word for it. If it looks like it is beneficial to you, I will place a link. If I don't have a link, just let me know if you need and I'll email you one or place it up. Our business is picking up so I'm doing this at night or when time allows during the day. Please remember that I look at agendas and am not good at wall street stuff. 

The ones listed in blue lead to the story.

4-22-09

 

 Russia, China sign oil deal, start new pipeline branch

General Motors and Chrysler are set to share the cash, following a quarterly report by a special inspector general examining the industry and the bank bail-out programmers.

The report suggests that the US Treasury should extend as much as $5bn in new loans to GM, which has already received $13.4bn in funding, while Chrysler, which has already received $4bn, should be given a further $500m.

The loans would be interim measures, designed to tide over the companies as they race to meet restructuring deadlines imposed by the Treasury. Chrysler has until the end of this month to come up with a workable merger with Fiat, while GM has until June 1 to significantly reduce its $62bn debt pile and heavily reduce costs.

 GM to Shut Most U.S. Plants for Up to 9 Weeks

NLE 09: FEMA Takes Preparations for Martial Law to the Next Level
FEMA is preparing to take its martial law exercises to the next level this July. According to a factsheet buried on the FEMA website, the agency will host National Level Exercise 2009 (NLE 09) on July 27 through July 31, 2009.

Strange Timing or What???

 

Fort Detrick disease samples may be missing

Police investigating death of Freddie Mac chief financial officer

 

4-12-09

Regulators have shut down Cape Fear Bank — the first North Carolina bank to collapse since 1993, and the 22nd U.S. bank to fail this year.

At the end of 2008, the FDIC had 252 banks and thrifts on its list of troubled institutions, up from 171 in the third quarter of last year.

04-11-2009: China Foreign Exchange Reserves At $1.954 Trillion

04-10-2009: Obama Orders U.S. To Buy 17,600 Cars

04-09-2009: Pelosi Wants Gun Registration

Glenn Beck Fails Miserably To Debunk Facts On FEMA Camp Infrastructure

Thailand Announces State of Emergency in Capital

 

 

 

4-8-09

It has been a while, been busy at work lately, plus sometimes I just need a break from all this stuff. There is enough to report that it would take too long, just caught a moment. So far it has been like riding a rollercoaster with ups and down, curves and straights. Like any coaster riding there is an apex to the ride - a pentacle, we haven't reach it... yet. We should, if I'm correct, be on the way back up either the tallest drop or the next tallest one. We are being pulled up by TPTB. These next 2 drops are the ones that the signs foretell those with health problems please not ride the ride. Have your affairs in order as we approach the peak of the ride.

 This is just today. A fraction of what I have been looking at.

 U.S. to Delay Bank Test Results; May not Release Individual Results; Trying to Avoid Panic

World Economy Falling MUCH Faster than Great Depression

$1T hit to pensions could cost taxpayers, workers

GM preparing for bankruptcy

Filling the Skies with Robot Assassins: The Drone Wars Have Begun

Cities Collapsing throughout the USA

The G20 moves the world a step closer to a global currency

Bill Lets Obama Turn Off the Internet

Hundreds of Thousands of Unemployed Run Out of Benefits

Americans Feel 15.6% Unemployment as Underemployment Surges

White House Approves Costly, New Spy Satellites

 

4-1-09

Air France-KLM and the Worsening Global Recession Air France-KLM lost a whopping $261 million for the year ending March 31. The reason: "Unprecedented difficulties." 

 

 

 

03-28-09  Site has been compromised. I will email the people where the new one is.

 

 

3-23-09

 

And the roller coaster goes up and up and up. It always ascends to it's dizzying heights, only to drop a quick fast fall. Lets hope it holds out tomorrow and especially Wednesday.   This ain't gonna be good folks.

 

3-20-09

 

Beware China boasts. China only refigures their growth 1 time per year. The last quarter if separated shows quite a drop... but your not suppose to look at that.

"... the dollar is now on track for its worst week ever versus the euro." Don't get caught up in any fiat currency, they are all failing. 

    “I expect the $50 price level to hold steady for a while and then move up more,says Byron King.  Again, Google the video Lindsey Williams, last 12 months.

  "Silver futures for May popped 13% yesterday, to $13.49 -- the biggest single-day gain for a “most active” contract since 1979. " Bingo. That is what we've been buying.

"Gold, for starters, just capped off a nearly $80 rally. "   This will build until the IMF sells what it needs to ... then Boom, straight off the Clift.

 

AIG is suing Countrywide for -- get this -- misrepresenting the health of a loan portfolio. And at the same time, Countrywide is suing AIG for failing to cover the loan losses it insured.


The International Economic Forum of the Americas
CEO of General Electric (GE), Robert B. Zoellick, President of the World Bank Group, and Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will meet with policymakers and other stakeholders in the international financial sector in Montreal to find the best methods for "Adapting to the New World Order" at the 15th edition of the International Economic Forum of the Americas."

David René James de Rothschild warns that global crisis will leave governments with enormous public debt
As far as the countries of Southeast
What The Pros Says: U.S. Is Now Bankrupt
Global stocks traded higher, as did the dollar against

FDIC Friday: Three Banks, Two Credit Unions Taken Over by Regulators

 

 

 

 

 

 

3-18-09

bb's "Don't forget, this is not a new bull market. It is a bear trap...a rebound in an on-going bear market. After this phase of anger passes...people will probably feel that the worst is behind us. They'll squint and see a "light at the end of the tunnel." Later on, they'll realize that the light is an on-coming freight train!"

Auto loan delinquency rates are running 9% ahead of last year. Thornburg Mortgage is apparently headed towards Chapter 11. Caterpillar says it will lay off more than 2,000 workers; less construction means less need for heavy equipment. And AMEX says even its best customers are falling behind on their bills.

Former Citigroup economist Lewis Alexander just got a job as Treasury Secretary Tim Geithner’s “counselor.”

My thoughts from yesterday expanded. It is about to blow, but 1st, tie the shipmates to the anchors by allowing it to look good, building confidence to invest more hard earned money to lose. They are holding fire until they see the white note sheets in their eyes. 

Derivatives Could Be Banned In Banking Overhaul 

Russia plans military upgrade to match Nato  Translation : Russia is once again in hock with the WB & IMF.

 

U.S. Injecting Billions Into Foreign Central Banks  - what better way to crash a country?

Goldman Sachs Offers Loans to “Stretched” Employees

Army Investigating How and Why Troops Were Sent Into Alabama Town After Murder Spree

 

 

 

3-17-09

Mexico to impose sanctions on US exports http://www.ft.com/cms/s/0/ce2431c4-126b-11de-b816-0000779fd2ac.html?nclick_check=1

Department of Defense Ends Sale of Expended Military Brass to Remanufacturers

Obama: 'pursue every legal avenue' to block AIG bonuses.

U.S. Injecting Billions Into Foreign Central Banks

 

 

3-16-09

“We'll see the recession coming to an end probably this year,” Fed Chairman Ben Bernanke. (And NAR says the houses are back too). B.S.

 “$50 trillion in global wealth has been erased over the last 18 months,” Larry Summers estimated. Actually it just traded hands.

 “The great American drilling boom is over,” laments an article in today’s New York Times. The number of oil and gas drilling operations has been cut in half since last summer, from 2,400 to 1,200 rigs.  (Watch Lindsey Williams Next 12 months)

In English, foreigners -- and not just the Chinese -- are losing their taste for U.S. debt. Global investors sold $148 billion more U.S. debt than they bought.

Caribbean banking centers have reduced holdings by nearly $30 billion since November 2008… no doubt a result of the dash for cash among investors hiding money in island tax havens.

Big Pharma CEO Fakes Cancer while Pill-Pushing Doctor Fakes Clinical Trial Results for Bextra, Effexor and Celebrex

Note: This market has been kept on life support with CIA drug money, yep, sounds weird, but then again, facts are facts. There have also been a large influx of cash by those that are in charge, aka TPTB. This isn't to keep alive a dead market, rather, to finish pilfering the 401Ks, IRAs, and others. This, as history has shown also consolidates the power from the smaller businesses to the larger ones, also own by TPTB. I didn't get to watch the Boob Tube tonight so I can't decipher what sound bites the public have been fed. The general public however play little on the market now, but I think that may have been the fall today, ever so slight. If I were them, rather than have people cashing out their investments, I'd give them another week, or at least a few days to build back confidence. Then I would let her drop like a rock.  

Obama calls G-20 “rift” over global crisis a “phony debate”

DEVELOPMENT: Preparing for Water Quarrels, if not Wars http://www.ipsnews.net/news.asp?idnews=46110

*****Catastrophic Fall in 2009 Global Food Production*****


Russia proposes creation of global super-reserve currency

 

HR 875: A Bill That Would Regulate The Small Family Farm Out Of Business

 

AIG Bailout Went to European Banks

Bank of England: Britain Heading Towards 1930s-Style Depression

“Off With Their Heads!!” Tax Revolt in California Sparks Revolution

 

Tomorrow Down, way down.

 

3-15-09

A.I.G. Planning Huge Bonuses After $170 Billion Bailout

The next 2 below, think Inflation, and around the corner, Hyper-Inflation. - Something I wrote a long time ago and never finished, Click Here.  

Bank of Canada Hints at Quantitative Easing Moves

IMF Poised to Print Billions of Dollars in ‘Global Quantitative Easing’

The Obama Deception

China’s Leader Says He Is ‘Worried’ Over U.S. Treasuries

Industrial Pig Farms Breeding MRSA - Look for new laws that will make extinct the family farm.

NSA offering 'billions' for Skype eavesdrop solution

 

3-7-09

World's biggest banks to meet in London April 2nd http://cryptogon.com/?p=7375

Maryland: 84,000 at Risk of Electricity Shut-Off  

Obama To Remove Restrictions On Funding Of Human Embryonic Research  -  Mozobil a new stem cell drug

Death by Treasuries -  http://www.campaignforliberty.com/article.php?view=21 

 

World Bank: Global economy will shrink in 2009 for first time since WWII (Note, this is one of TPTB)

‘Run on UK’ Sees Foreign Investors Pull $1 Trillion Out of the City http://www.independent.co.uk/news/business/news/run-on-uk-sees-foreign-investors-pull-1-trillion-out-of-the-city-1639413.html

Change We Can Believe In: How About the End of Farmers Markets? Say Hello to H.R. 875: Food Safety Modernization Act of 2009

Six Reasons Why Obama Appointing Monsanto's Buddy, Former Iowa Governor Vilsack, for USDA Head Would be a Terrible Idea http://www.organicconsumers.org/articles/article_15573.cfm

 

 

 

 

3-6-09

 

Why the Economic Destruction of America May Be Step One of A Global Banking Power Grab http://www.blacklistednews.com/news-3552-0-5-5--.html

Mortgage woes break records again in 4Q. http://news.yahoo.com/s/ap/20090305/ap_on_bi_ge/states_foreclosures

Record 31.8 million on food stamps http://money.cnn.com/2009/03/05/news/economy/foodstamps.reut/index.htm?section=money_latest

 

3-5-09

One in 8 U.S. Households Late Paying or in Foreclosure

Fed Refuses to Release Bank Lending Data, Insists on Secrecy, Says it Isn’t Subject to FOIA Law

Puerto Rico to lay off 30,000 public servants

Does New Zealand Face the Fate of Iceland?

One in 8 U.S. Households Late Paying or in Foreclosure

Chavez Orders Expropriation of Cargill Rice Plant

GM Auditors Raise the Specter of Chapter 11

“Thorium will be the fuel of the future,”

Chinese Prime Minster Wen Jiabao gave no indication he was planning to expand his current stimulus bill, which was expected to be the case.

Citigroup can now officially be considered a penny stock. It traded below $1 for the first time today, to be followed soon by BOA.

Initial claims for unemployment exceeded 600,000 for the fifth week in a row, the Labor Dept. announced this morning

consumer bankruptcies soared 29% last month. Over 98,000 Americans filed for bankruptcy protection in February, up nearly 30% from a year before. The American Bankruptcy Institute expects “at least 1.4 million bankruptcies this year,” over 340,000 more than 2008.

Both the European Central Bank and Bank of England cut their main lending rates to record lows this morning.

Bloomberg just reported that the AVERAGE S&P company suffered a massive 58% plunge in earnings in the last three months of last year.

Moody’s Investors Service now predicts that corporate bond defaults will more than triple this year — and exceed the levels seen during the great depression!

Sweden to GM/Saab: Drop Dead!

"China's are in good health, with both loans and deposits rising. American counterparts are not."

Bankruptcy filings in the United States were up 37% in February, over the year before. House sales plunge, say the papers. Auto sales plunge, say the websites. Joblessness soars, says this morning's news. Corporate America laid off 158% more workers this February, as compared to a year ago. Since the beginning of the year, layoffs are running 191% ahead of the same period in 2008. Almost a half a million people have lost their jobs so far this year...and there are 10 months left to go.

More bubbles ready to burst. In the United States, public pension systems are under-funded by about $1 trillion. Firemen, teachers, policemen, municipal workers...state bureaucrats. Every one of them is looking to the feds for a bailout.

Hint, look at a Trust Company in Chicago, they hold most of these pensions, plus Australia, Japan, and others.

Virus Mix-Up By Lab Could Have Resulted In Pandemic

Russia developing anti-satellite weapons, official says

Deutsche sees risk of U.S. GDP falling 10 pct in Q1

A record 31.8 million Americans received food stamps at the latest count, an increase of 700,000 people in one month

 

Unless some news comes different, over all down. (Missed that one, went below 6500, but finished up).

 

3-4-09

The next few days I'll be a bit away, but will try and post as I can. Work is very busy, a good thing.

The Coming War with Iran: 6 Days in Hell!

This is a title on an article, but unless Israel starts it, it's B.S. Iran and the Middle East will be taken apart and down with cheap oil, not gunfire. This is spread for 2 reasons, fear and market control.

German engineers see exports plunge

 Gypsy vaccination scheme starts

Italy's Red Cross yesterday began its biggest vaccination programme since the second world war to immunise thousands of gypsy children in 50 or so camps around Rome. The operation began at Casilino 900, which is believed to be one of the largest gypsy settlements in Europe.

Gianni Alemanno, Rome's mayor, plans to remove almost all the camps and replace them with "maxi-camps". Non-Italian gypsies without documents, face expulsion from Italy.

VIDEO - Dobbs: Obama setting up New World Order http://www.blacklistednews.com/news-3524-0-9-9--.html

Countrywide ex-president's new company seeks to make money from economic rescue. http://www.statesman.com/search/content/news/stories/nation/03/04/0304countrywide.html
This comes under the No Shit clause.

KBR awarded Homeland Security contract worth up to $385M. One word....short

Japan prepares to shoot down North Korean missile

Pimco Says Closed-End Funds Delay Dividend Payments

UK: Job Vacancies and Pay Fall at Record Pace

The market should go down tomorrow, but we will see if the USA listens to the pres or the TV. Coin Toss

 

 

3-3-09

JPMorgan Derivatives Group Earned $5 Billion in Wall Street's Worst Year  - http://www.bloomberg.com/apps/news?pid=20601109&sid=a96UdT6uCOcA&refer=home

AutoZone. Shares of the dusty do-it-yourself car parts store hit a record high today after a blockbuster earnings report. Turns out when times are tough, people get sick of paying $50 for an oil change.

My guess is that the disorder in agriculture will be pretty severe this year, especially since some of the world's most productive places -- California, northern China, Argentina, the Australian grain belt -- are caught in extremes of drought on top of capital shortages."

Today, General Electric is in a death spiral, signaling looming bankruptcy, and it’s just the first of many Dow stocks that will bite the dust. Our next medium-term target is 5000. And if the Dow duplicates its 89% plunge between 1929 and 1932, it would fall to 1500.

Or is it, GE banks in Singapore. 

 

Fed launches new $200B consumer credit program - http://www.blacklistednews.com/news-3511-0-13-13--.html

More of the same. Consumers that are not scared are very aware of what is at hand. More of the same will junk that got us here.

The ISM’s gauge of American manufacturing improved slightly in February, but is still in a state of serious contraction

 VIDEO: Glenn Beck Mentions FEMA Camps on Fox & Friends http://www.blacklistednews.com/news-3510-0-0-0--.html

China built enormous stake in US equities just before crash http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4927567/China-built-enormous-stake-in-US-equities-just-before-crash.html

 

Late night tonight, so this may be all. Tomorrow, up.

 

 

3-2-09

I missed it, I guessed  -250-300, but I was leaning to -300. It closed today at -299.64. So close.

The wealthiest of the UAE’s emirates, Abu Dhabi’s got a bit of a dilemma on its hands: Its billions in convertible bonds will convert to shares this time next year. Once the date comes, the bonds will convert between $31-37 a share… just a bit higher than Citi’s current $1.50 bid. That’s assuming, of course, that the U.S. government won’t wipe out all the shares by then via sudden nationalization. Either way, should add an interesting twist for the world’s largest sovereign wealth fund… and fifth largest petroleum exporter.

Two more banks failed over the weekend. The 15th and 16th failure of 2009 will nick another $100 million notch in the FDIC’s belt.

Yet the U.S. government pumped $30 billion more taxpayer dollars into AIG this morning. The injection came as the doomed insurer announced a $61.7 billion quarterly loss.

The wealthiest of the UAE’s emirates, Abu Dhabi’s got a bit of a dilemma on its hands: Its billions in convertible bonds will convert to shares this time next year. Once the date comes, the bonds will convert between $31-37 a share… just a bit higher than Citi’s current $1.50 bid. That’s assuming, of course, that the U.S. government won’t wipe out all the shares by then via sudden nationalization. Either way, should add an interesting twist for the world’s largest sovereign wealth fund… and fifth largest petroleum exporter.

Walk away from Banks and Insurance companies.

Asean leaders call for EU-style union http://www.phnompenhpost.com/index.php/2009030224498/Business/Asean-leaders-call-for-EU-style-union.html

Ukraine Teeters as Citizens Blame Banks and Government - A Common Theme!

It's late and tomorrow will be more of the same.

 

3-1-09

Prime Minister Gordon Brown calls for global banking governance http://aftermathnews.wordpress.com/2009/03/01/prime-minister-gordon-brown-calls-for-global-banking-governance/


UK: Contingency Plan for Deployment of British Army in Case of Bank Riots
A lot of news on banking. Not much actually other than that.

 
Delphi Allowed to Cancel Benefits for 15,000 Workers


Has Back Door Debt Monetization Already Begun?

 

 

2-28-09

Working on something at the moment. Started out I thought was BS, but maybe not. I'm leaving this as a reference point to access. Some really weird stuff. Here

 

 

 

2-27-09

" 'Crash Alert' flag flying because we believe there is another 50% drop coming. But it may not come right away. It wouldn't be at all surprising to see a major rally, such as happened following the crash of '29 and the crash in Japan. Stocks could rally to more than 9,000 on the Dow...if we're right, this bear market won't end until the Dow trades under 5,000...and possibly under 2,000. And it won't end until the price of gold and the Dow are about the same number."

 

A major drug company has just been caught suppressing clinical trial data about the diabetes risks of its popular antipsychotic drug. Today, my feature article brings you an astonishing collection of authors' quotes about antipsychotics and diabetes (plus weight gain), along with the latest news about this breaking Big Pharma scandal.  http://www.naturalnews.com/025744.html

Citi announced an agreement with the U.S. government that will give Uncle Sam a 36% ownership of the once-mighty bank.

The FDIC’s “problem list” now contains 252 banks, the most since 1994.

Water is going to be more important than oil in the next 20 years,” says Dipak Jain, dean of the Kellogg School of Management at Northwestern University.

Russian press reports indicate that the two sides are interested in improving cooperation in energy transportation lines carrying Russian gas to European markets through Turkey, the project known as Blue Stream-2. Previously Ankara had been cool to the proposal. The recent completion of the Russian Blue Stream gas pipeline under Black Sea increased Turkey’s dependence on Russian natural gas from 66 percent up to 80 percent. Furthermore, Russia is beginning to see Turkey as a transit country for its energy resources rather than simply an export market, the significance of Blue Stream 2. Importantly, Turkey and Russia may start to use the Turkish lira and the Russian ruble in foreign trade, which could increase Turkish exports to Russia, as well as weakening dependence on dollar mediation.


Canada says Russian bomber intercepted near its airspace before Obama visit http://news.xinhuanet.com/english/2009-02/27/content_10914326.htm

FDIC Raising Fees on Banks, Adds Emergency Fee

 

2-26-09

AIG now says it is facing a $60 billion loss. How much is its stock worth? Citigroup is nearing bankruptcy, with the U.S. government getting ready to up its stake to 40%. What will the shares be worth when the operation is over? GE finance says it will get by - maybe. Micro Tech is laying off 2,000 more people in Idaho. And Italy is officially in recession.

Entire wealth of world of 100 Trillion has been wiped out in 2 years. Ok, actually the fiat wealth, true wealth is still at 100%.

And Japan, once one of the world’s great exporters, announced a record trade deficit today. The nation posted a $10 billion trade gap in Jan.

 

"Today, investors in financials have lost nearly everything and before this is over, I suspect the majority of banks in the West will be nationalized. This would mean a total catastrophe for those who invested in bank stocks or corporate bonds. So, no matter how strongly your private banker pushes you to load up on “cheap” financial stocks, please DO NOT go “bottom fishing” in this bankrupt industry."

Sheila Bair announced this week that her wing of the government will embark on a six-week “stress test” of the 19 largest U.S. banks.

Federal Reserve will launch an $800 billion program of their own this week.

Initial jobless claims rose to 667,000 last week, the worst since 1982.

Commerce Dept. said orders for durable goods fell for a record sixth straight month in January.

Sales of new houses plunged 10% from December to January and 48% annually. The median home price crashed over 13% year over year, to $201,100. Despite a record 13.3-month glut of new home inventory, builders began work on new homes at an annual pace of 466,000 houses during the month. Umm… guys… maybe it’s time to stop?

Note: The last 10 years or so saw a housing boom, do not get distracted with the 1963 thing. Each year the new levels are compared with the year before. Now, for an experience point of view, don't be impressed with the sales these days either. Financing (at least for our area) for Flipping houses has come to an end. Individuals selling their property are competing against Bank Owned Properties. Now if the BPO's lose, most were subprime, which means they more than likely paid MIPs with the mortgage. The difference between owed verses loss are covered by these Mortgage Insurance Premiums, which equate to the bank does not lose money, the owner does, the insurance company does, but the bank does not. The difference is paid back. As for houses losing value, easy explanation. When doing an appraisal or BPO, you use usually a total of 6 comps. 3 for sell, 3 sold. BOP does not usually bring near what the worth of the property is, they want it moved usually 30 days or less. When enough houses of like or similar kinds are sold, and the housing is slowing down, one must use BOP (the price it sold for). Anybody wants to know how this works in detail, just email me.       \

Oil, on the other hand, has taken off in the later half of this week. The front-month contract busted through resistance at $40 a barrel yesterday after a surprising Dept. of Energy inventory report. The government said gasoline demand was on the rise again and crude oil investors weren’t growing quite as fast as Wall Street anticipated. Crude closed at $42 yesterday

Note: Oil will not become high again until OPEC is crushed. It is becoming close now. Then, look for it to skyrocket.

 

Citigroup is down 90% from its high. You can buy a share for just $2. But be careful. A government takeover could wipe out the shareholders. The Bank of America has lost 90% of its value. GM is only worth about 3% of what it once was. JP Morgan cut its dividend by 87%...to just 5 cents a share. Overall, dividends are being cut by a record amount.
 

 

U.S. Army To Buy $6 Million Of Riot Equipment - The U.S. Army Contracting Agency, based at Fort Leavenworth, Kansas, has a post on the Federal Business Opportunities website, requesting the equipment and has received several notices of interest from potential vendors. Interested vendors include Irish Brigade inc., manufacturers of hunting and safety gear with facilities located in the heart of Kansas City , Missouri. Federal and Military resource company MCLEARVISION, LLC is another interested party, as is Kentucky based U. S. CAVALRY STORE, INC. 

NEWS IS SLOW, so here are a few Food for Thoughts

 What Medical Maniacs Inject Into Your Baby Slow Death By Vaccine

Bank of America fights to hide bonus payouts

US warns that Pakistan needs $5bn urgently to avoid collapse (remember back earlier on this page this was mentioned.

 

AIG in talks with Fed over another bail-out  AIG considers break-up in bid to stay afloat

 

 

 

2-25-09

Insurers: The Next $0 Trade?

 

RE: Obama - Parsons/Citigroup Friendship

 

U.S. Army To Buy $6 Million Of Riot Equipment

 

A new tag from Numerex and Savi Technology, Includes Active RFID, GPS, Satellite and Sensors. The tag, known as the ST-694 GlobalTag, has been in development since the summer of 2007, as part of a cooperative research and development contract for the U.S Transportation Command (USTRANSCOM), the U.S. Department of Defense (DOD) group responsible for creating and implementing global deployment and distribution solutions for the U.S. military and government.
 

JAPAN: EXPORTS DOWN 45.7 PERCENT FROM A YEAR EARLIER

 

2-24-09

 

"The United States government is demanding that Switzerland turn over the names of Americans who have secret Swiss accounts. And it is putting the squeeze on financial firms.

UBS last week reluctantly disclosed that it had reached an agreement with the U.S. to pay $850 million in fines and hand over account details of 250 to 300 American customers — an unprecedented breach of Swiss banking privacy.

Plus, the IRS is demanding information on 52,000 additional UBS customers."

 

"The World Bank calls Singapore, "The world's easiest place to do business." The country has gotten that moniker by concentrating its manufacturing base on industries like financial services, biomedical research, technology and oil refining.

American Express, AIG, Boeing, Cargill, Dell, Exxon Mobil, Ford, General Electric, Hewlett-Packard, Merck ... they all have significant operations in Singapore."

 

 

"Beginning in 2004, individuals were not charged a tax on the foreign income received in Singapore nor do they pay any capital gains taxes on Singapore investments.

Since then, Singapore has become an economic juggernaut. Its private banks currently manage about $200 billion, or 5% of the world's wealth. What's more, they have been growing by 20% a year.

It sure doesn't hurt that Singapore is close to India and China, the two fastest-growing economies in Asia. However, the real attraction to investors is that Singapore levies NO TAXES on capital gains!"

 

 

Money is pouring into Singapore so rapidly that there is an acute shortage of private bankers. The business-friendly Singaporean government came up with a solution: In 2004, it funded the establishment of a Master of Science in private banking at Singapore Management University (SMU).

 

The three largest private banks in Singapore, all of which trade on the Singapore stock exchange, stand to make a bundle off this influx of money and are worth checking out ...

United Overseas Bank (U11.SI) is a one-stop shop for the wealthy. It offers private banking, trust services, venture capital investment, merchant banking, brokerage services, insurance, fund management, derivatives and precious-metals trading, along with life insurance.

DBS Group Holdings (D05.SI) is the largest bank in Singapore. It provides mortgage financing, funds management and brokerage services. It is also Singapore's primary dealer of the country's government securities.

Oversea-Chinese Banking Corporation (039.SI) provides banking, brokerage, corporate banking, asset management, venture capital, and trustee services.

 

 

The credit squeeze will force companies to rely on government bailouts to refinance their debt or face default, according to MDM Bank, VTB Group and Commerzbank.

In a move to restore confidence in the Russian economy, President Dmitry Medvedev last week pledged more than $200bn in emergency funds to support banks and companies as the 60% drop in oil prices since August and the rouble's 35% tumble against the dollar push the world's biggest energy supplier into its worst economic crisis since the government defaulted on $40bn of domestic debt in 1998. More Here

 

 

Sir Philip Green to merge Arcadia and Bhs

 

German CDS debt spreads hit record as economy crumbles

 

 

China nears deflation trap as rail freight collapses

 

 

Britain has shed 95,963 jobs since October. http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3542572/Financial-crisis-UK-job-losses.html

 

 

 

Trilateral Plan to Corner World Gold Market? 

 

 

 

  1. Follow the money, follow the power
  2. Discern illusion from reality, especially with media outlets
  3. Listen to experts who offer a meaningful critique
  4. Study & verify sources and footnotes  
  5. Apply liberal doses of common sense 

 

Fears for IMF’s Ability to Raise Rescue Funds

 

 

Defaults by Franchisees Soar as the Recession Deepens

 

Asian Stocks Climb From 5-Year Low on Weaker Yen, U.S. Assurances on Banks

 

 

 

2-23-09

 

Newsweek writing a fluff piece on people who thought they’d never buy gold now cashing out of stocks and moving 100% into gold until a bottom is reached in the equities market.

This will be the trap of traps. If you buy, remember to not hold it any longer than the IMF sells theirs, maybe a little shorter.

“There's no sign that we are anywhere near a bottom,” George Soros suggested over the weekend. "We witnessed the collapse of the financial system. It was placed on life-support, and it's still on life-support.”

This isn't by accident, nor is it a normal cycle. It is designed. With the exception of the last part, this short video pretty much explains things as they are. Click Here

 

“A privately held banking system is the correct way to go,” said President Obama’s press secretary Robert Gibbs over the weekend. “It’s possible it may happen,” Sen. Chris Dodd added, hinting that some financials might be nationalized… maybe just for “a short time.”

This morning, Citigroup is in talks with federal regulators. In exchange for more bailout bucks, the government could end up owning 40% of the mega bank, sources say. Not only could Uncle Sam be the biggest shareholder of the world’s largest insurer, but he could control one of the world’s biggest banks."

CiTi for some reason is not placing foreclosures on the market in any quick time.

 

 

 The FDIC closed up Oregon’s Silver Falls Bank late last Friday. Silver Falls took another $50 million out of the FDIC war chest.

 

 

And in Europe, there’s a storm brewing that “could easily be as big as the U.S. subprime problem,” John Mauldin suggests.

“In Poland, as an example, 60% of mortgages are in Swiss francs. When times are good and currencies are stable, it is nice to have a low-interest Swiss mortgage. And as a requirement for joining the euro currency union, Poland has been required to keep its currency stable against the euro. This gave borrowers comfort that they could borrow at low interest in francs or euros, rather than at much higher local rates.

“But in an echo of teaser-rate subprime here in the U.S., there is a problem. Along came the synchronized global recession and large Polish current account trade deficits, which were three times those of the U.S. in terms of GDP, just to give us some perspective. Of course, if you are not a reserve currency, this is going to bring some pressure to bear. And it did. The Polish zloty has basically dropped in half compared with the Swiss franc. That means if you are a mortgage holder, your house payment just doubled. That same story is repeated all over the Baltics and Eastern Europe.

“Austrian banks have lent $289 billion (230 billion euros) to Eastern Europe. That is 70% of Austrian GDP. Much of it is in Swiss francs they borrowed from Swiss banks. Even a 10% impairment (highly optimistic) would bankrupt the Austrian financial system, says the Austrian finance minister, Joseph Proll. In the U.S., we speak of banks that are too big to be allowed to fail. But the reality is that we could nationalize them if we needed to do so.

“The problem is that in Europe, there are many banks that are simply too big to save. The size of the banks in terms of the GDP of the country in which they are domiciled is all out of proportion. For American readers, it would be as if the bank bailout package were in excess of $14 trillion (give or take a few trillion).”

 

In fact, we suspect we may be headed back to dollar-euro parity. Today, the euro goes for $1.27, a little less than a nickel from its credit crisis low. And the dollar index scores an 86.5, less than 2 points from its crisis high.

Then again, it's all fiat currency and could which one is less value if they are both rendered worthless.

 

 

 

Megabank failures: Bankruptcies or nationalization not only of Citigroup and Bank of America, but also JPMorgan Chase and HSBC.

 

 

Insurance failures: State takeovers of companies like Ambac Assurance, Bankers Life and Casualty, Conseco, FGIC, Medical Liability Mutual, Mortgage Guaranty Insurance, Nuclear Electric Insurance, PMI Mortgage, Standard Life of Indiana and many others.

 

 

"I don't remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world," Volcker said.

Proof - This is planned.

 

 

Geithner Bad Bank Alternative May Rely on Loans to Hedge Funds
Treasury Secretary Timothy Geithner’s financial-rescue plan may be doomed if he doesn’t offer low-cost loans to hedge funds and other investors to help them buy toxic assets weighing down bank balance sheets.

 

 

GM to temporarily shut down 3 plants in Mexico http://timesofindia.indiatimes.com/GM_to_temporarily_shut_down_3_plants_in_Mexico/articleshow/4180146.cms?TOI_latestnews

 

 

World Financial System In A State Of Insolvency

 

African Union creates new 'authority' http://www.news.com.au/story/0,27574,24994912-23109,00.html

 

 

Official Chinese Economic Statistics Hide Potential for Unrest  - http://www.theepochtimes.com/n2/content/view/12400/

 

Citigroup's Parsons Spotted At White House

 

 

2-22-09

 

Tomorrow's market will be determined on how much of this news actually gets out.

 

Britain faces summer of rage - police
Published on 02-22-2009  http://www.guardian.co.uk/uk/2009/feb/23/police-civil-unrest-recession

 

EU heads back financial clampdown - http://news.bbc.co.uk/2/hi/europe/7904300.stm

European leaders in Berlin have agreed on the need to regulate all financial markets including hedge funds.

 

Swiss party wants to punish U.S. for UBS probe http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSTHO15017420090221

 

Keyes: Stop Obama or U.S. will cease to exist http://www.blacklistednews.com/news-3419-0-15-15--.html

 

Soros Says Financial Crisis Marks End of a Free-Market Model


Latvia's government collapses - http://www.iht.com/articles/2009/02/20/europe/latvia.php

 

Chomsky: Obama OKed Israel's Gaza war 

 

As Crime Mounts, Mexicans Turn to Vigilante Justice

 

New world order shifting toward multipolar system - http://www.gulf-times.com/site/topics/printArticle.asp?cu_no=2&item_no=274203&version=1&template_id=46&parent_id=26

 

Roubini: The Banks That Were Too Big to Fail Are Now Even Bigger to Fail; He Sees Nationalization and Breakups Ahead

 

A bipartisan group of Senators have introduced S. 388, which would extend an exemption to the cap on H-2B workers for three years. The legislation was introduced by Sens. Barbara Mikulski (D-Md.) and Arlen Specter (R-Pa.) and has 24 cosponsors. H-2B visas are given to seasonal employees in non-agricultural related fields that experience high-peak times such as amusement parks and ski resorts.

Depends on when the boobtube decides to release this info, or of they do.

 

 

More than five years ago, China’s President Hu Jintao proclaimed that, “the trend toward a multipolar world is irreversible and dominant.” When Vladimir Putin complained during a conference in Munich last year that US unilateralism stoked conflict around the world, an offended Senator John McCain responded that confrontation was unnecessary in “today’s multipolar world.”

 

Russia's 'virtual cold war' in Central Asia http://www.atimes.com/atimes/Front_Page/KB21Aa05.html

Russia was at one time out of debt with the IMF & World Bank, I'll assume they are back in debt with them now. That equates to control.

 

 

Deeper North American Integration Still in the Cards - http://www.blacklistednews.com/news-3406-0-9-9--.html

 

Fearing 'Cyber Katrina,' Obama Candidate for Cyber Czar Urges a ''FEMA for the Internet'

Problem, Reaction, Solution.

 

Firestorm Brewing Between U.S. States and Federal Government  for the future trends.

 

Past probes sought to tie Stanford to drugs - 10 years later?

Authorities for years have investigated R. Allen Stanford, looking for ties to organized drug cartels and money laundering, going back at least a decade when the Texas billionaire’s offshore bank surrendered $3 million in drug money, state and federal sources told the Houston Chronicle Friday.

http://www.chron.com/disp/story.mpl/business/6273823.htmlHere, another story.   Smokescreen.

 

 

Kucinich on Stanford Group Fraud: SEC Told to “Stand Down” by Unknown Federal Agency in 2006

Dennis Kucinich is trying to determine which federal agency told the SEC to stand down with regard to Allen Stanford in 2006.

 

This is at least 2 stories that are being released that are old cases. Why?

 

Drought to Cut Off Federal Water to California Farms - This is smack 1 for food.

 

GM UNIT SAAB BANKRUPT

 

 

Video: Fkn News - US Troops Harvest Hopium In Afghanistan

 

 

 

2-19-09

  Headline - Americans Choose Herbal Supplements to Cut Costs, up 10%  Better Health Research News Desk - Look into who owns many of the Vitamin and Herbal stores. Just bet that Walmart in one.

"Elsewhere in the financial news, oil traded at $37 at close of business yesterday. The dollar rose – to $1.25 per euro. And gold added another $10, to bring it to $978."

  Nobody is looking at inflation? Could this be no more than fiat currencies racing to the bottom? I think so, but maybe wrong.

You need to think cheap. No, we’re not talking about fundamentals (although it’s always good to take a look at price to sales, debt and other important metrics before buying a stock). In this case, we mean cheap goods sold by discount retailers. When consumers are stretched thin, cheap stuff rules the roost. And for this screen, avoid specialty retailers and stores that primarily sell big-ticket items.
This will work some now, but more later as retailers can write off a loss cheaper than sending it back. Those that are on consignment, same goes.

During tough times, sin wins… Sin stocks are the comfort food of troubled times. A consumer who recently lost his job probably isn’t going to go out and buy a new car. But by the same logic, he isn’t going to give up his beer and cigarettes, either. In fact, the best-performing stocks during past recessions have been tobacco and alcoholic beverages. The sin tax will however effect more than they think as April 1st, a retailer told me tobacco is going through the roof.

Find the necessities. Yes, families are cutting back. But we seriously doubt they’ll stop buying toilet paper and bleach just because they’re stretched thin. There are plenty of items every family can’t live without. Companies that make the goods should do just fine.”   Some things yes, but all but a few are replaceable.

“There are other reasons for liking gold stocks in 2009,” Chris continues. “The first is the gold miners will enjoy a windfall from falling energy prices. Largely because of lower energy costs, mining costs will fall in 2009. Then there is the currency effect. In many gold-producing countries, the local currency collapsed against the dollar.”

Energy costs in the USA are higher, except oil, which will be soon enough.

For starters, the market is currently betting on credit downgrades for Hungary, Poland and the Czech Republic. Investors are demanding higher yields for these countries than other nations with the same credit rating.

“Investors are getting nervous about governments in Spain, Ireland, Greece, Portugal and Italy, too,” says Dan. “The spread between 10-year government bonds in these countries and 10-year German bonds is widening.

“What’s more, the credit default swap markets now appear to be factoring in the possibility that certain national governments in Europe may simply default on their debt. Take, for example, Ireland. According to The Times of London, the pledges made by the Irish government to support its banking sector amount to 220% of the country's GDP.

“The Irish government has promised to bail out its banks. But who's going to bail out the Irish government? That's what everyone's starting to wonder. And that's why -- in addition to the billions in loans made by Western European banks to Eastern Europe -- the euro is looking shakier by the day.”

Watch the Agenda  and what is being said in non financial and financial stories, a new momentary system. Digital cash.

Wholesale inflation shot up 0.8% in January, beating the Street’s estimate nearly threefold. The government reports today that its producer price index broke its five-month losing streak last month, led by a 15% boom in gasoline price inflation. Even the core PPI -- which the Fed used throughout early 2008 to quell inflation fears -- popped up 0.4%.

But we suspect deflation will remain the fear du jour. The Labor Dept. reports wholesale inflation fell 0.9% in all of 2008, the first year of wholesale deflation since 2001.

This tells me that manufacturers are losing profit. Suppliers of raw material are never mentioned. Retailers are covering their butts as profits fall. Long story.

I know Obama has declared help for home owners. Hopefully he will, it just doesn't look like it. The next few days I will not be able to post as much due to doing  BPOs or (FMAs) whichever term you like,  for banks on houses. They seem to be in waves, and this is a big one. Anyone wants to know how this game works just ask. Why banks are not losing money on most foreclosures.  

  NSA offering 'billions' for Skype eavesdrop solution http://www.theregister.co.uk/2009/02/12/nsa_offers_billions_for_skype_pwnage/

DHS Earth used for infrastructure protection - http://fcw.com/articles/2009/02/18/dhs-earth.aspx

Newly poor swell lines at U.S. food banks - http://www.iht.com/articles/2009/02/19/america/20food.php Please read. It is here that this unwinding will start. This is also a spot to release bacteria, death, and disease if they so chose. Given last years yields, this years weather already, food will be short. These places are also the dumping ground (or test if you prefer) for GM & GE foods. Your nutrition is what your body relies on for health. Your health is what can make you dependant or independent.  

Well look at what I found - Wholesale inflation takes biggest jump in 6 months. http://finance.yahoo.com/news/Wholesale-inflation-takes-apf-14410311.html - News is more like a puzzle these days. Pieces everywhere.

Obama Picks Bilderberger for Health Secretary

China Calls on Russia to Explain Cargo Ship Sinking

How Much Of The Federal Debt Is Financed With Drug Money? http://www.businessinsider.com/how-much-of-the-federal-debt-is-financed-with-drug-money-2009-2

 

2-18-09 

There are talks from many countries about a new global currency being created that is based on Gold. 

DARPA seeks self-aware AI robot mega-tanks - http://www.theregister.co.uk/2009/02/18/darpa_self_aware_tanks/ Technology investment.

Blueprint for EU army to be agreed

Russia wants a new European-Atlantic security treaty involving 56 countries

 Dubai goes down-    http://www.guardian.co.uk/world/video/2009/feb/13/dubai-troubles  Not all are complete.

  If you all short anything, please short these bastards.   http://www.brasschecktv.com/page/563.html . I can get you the names of all the companies making them.

 

Liberty Media deal staves off Sirius bankruptcy. http://www.breitbart.com/article.php?id=D96DDTUO0&show_article=1

EPA Moving Toward Regulating Greenhouse Gases - Remember Obama will do green things.

THE African Union Commission will be transformed into a new AU Authority, as a compromise step toward eventually forming a continent-wide government, the bloc announced today.

Exxon Mobil now supports carbon tax - http://www.oldthinkernews.com/Articles/oldthinker%20news/exxon_mobil_now_supports_carbon.htm
 

BBC News: Prepare for cashless society  Consumers in the UK should expect a revolution in the way they pay for things in the near future, according to payments association Apacs

 

The Obama Fraud: An Open Video to Barack Obama Supporters = http://www.youtube.com/watch?v=FptGQrqxZVw

 

2-17-09

Those that have watch "The Next 12 Months" with Lindsey Williams will remember what he said about oil. Last night a friend in CT said they were told on the boobtube that gas prices would rise and were no longer related to oil prices. No explanation was given. I still seldom watch the TV un-news but haven't seen that here. A message tonight came in

 "From Dubai comes word that the property market has not just fallen...it has ceased to exist. This from Justice Litle:

“You can’t put a percentage figure on the market drop. In fact, there isn’t a market at all.”

“The scary thing is, they’re nowhere close to facing reality... the official listings have only reduced prices by 10-20%, even with no buyers in sight, and builders are hoping to build more...”

 

The latest figures show the Japanese economy falling at a 12% annual rate – faster than ever.

“A sixth quarter of negative growth ties the prior record set when Harry Truman was president, running from the first quarter of 1951 to the second quarter of 1952.

“‘Next quarter, we’re expecting a new record of seven quarters of negative growth,’ said an analyst.

This thing is Global, so that means that the real "king(s)" are not who most think. The target is the world in general. There are 2 plans, but that is another story.

 Colorado is purportedly on the front lines of the “green” energy revolution. Barack wants to play the part of George Washington this time around.

Four more banks failed over the weekend, brining the 2009 total to 13. Friday the 13th proved to be bad luck, indeed, as the FDIC shut the doors of banks in Florida, Nebraska, Illinois and Oregon. All told, they took a $341 million chunk out of the FDIC’s apparently limitless coffers.

Warren Buffett’s Berkshire Hathaway picked up $250 million worth of debt from Tiffany & Co,, the famous jeweler. Factor this in with recent purchases of Harley-Davidson, Swiss Re, Goldman Sachs and GE and the trend is clear… the Oracle’s on the hunt for world-famous businesses in desperate need of cash.

  Glad I have a Kawasaki.

 

2-14-02

"Large U.S. banks on brink of insolvency, experts say" http://www.iht.com/articles/2009/02/13/business/13insolvent.php
Remember when reading this to notice names and amounts. The IMF is owned by TPTB and they are not losing anything.

"G-7 Says ‘Severe’ Downturn to Persist, Vows to Reverse Slump" http://www.bloomberg.com/apps/news?pid=20601087&sid=aTKC4gmSOdIc&refer=worldwide
To use R's phrase, "The primary function of government is to pretend to fail". All sheep will believe this BS of how they intend to fix their screw-up, which was done on purpose. 

GM CONSIDERING CHAPTER 11 BANKRUPTCY FILING - Also see http://www.dailynewscaster.com/2009/02/11/inside-source-reveals-fema-dhs-prepairing-for-mass-graves-and-martial-law-near-chicago/ . Now, connect yet another dot from the older story on Mass Graves, "Economic Vaccination Stimulation? Obama's Stimulus Bill Calls for $954,000,000 in New Spending on Vaccines" http://www.naturalnews.com/News_000732_vaccination_economic_stimulus_bill.html .  Read the dailynescaster article well. These 3 stories are related. 


Asia cbanks call for new world financial order - http://www.informationliberation.com/?id=26516 Reason for investing more in USA after saying enough? Notice IMF.

"The United Nations’ International Labor Organization estimates that some 50 million workers will lose their jobs worldwide this year. The collapse has already seen 3.6 million lost jobs in the United States. The International Monetary Fund’s prediction for global economic growth in 2009 is 0.5 percent—the worst since World War II. There are 2.3 million properties in the United States that received a default notice or were repossessed last year. And this number is set to rise in 2009, especially as vacant commercial real estate begins to be foreclosed. About 20,000 major global banks collapsed, were sold or were nationalized in 2008. There are an estimated 62,000 U.S. companies expected to shut down this year. Unemployment, when you add people no longer looking for jobs and part-time workers who cannot find full-time employment, is close to 14 percent."

 Adm. Dennis Blair, testified before the Senate Intelligence Committee. He warned that the deepening economic crisis posed perhaps our gravest threat to stability and national security. It could trigger, he said, a return to the “violent extremism” of the 1920s and 1930s.

The specter of social unrest was raised at the U.S. Army War College in November in a monograph [click on Policypointers’ pdf link to see the report] titled “Known Unknowns: Unconventional ‘Strategic Shocks’ in Defense Strategy Development.” The military must be prepared, the document warned, for a “violent, strategic dislocation inside the United States,” which could be provoked by “unforeseen economic collapse,” “purposeful domestic resistance,” “pervasive public health emergencies” or “loss of functioning political and legal order.” The “widespread civil violence,” the document said, “would force the defense establishment to reorient priorities in extremis to defend basic domestic order and human security.”

“An American government and defense establishment lulled into complacency by a long-secure domestic order would be forced to rapidly divest some or most external security commitments in order to address rapidly expanding human insecurity at home,” it went on.

“Under the most extreme circumstances, this might include use of military force against hostile groups inside the United States. Further, DoD [the Department of Defense] would be, by necessity, an essential enabling hub for the continuity of political authority in a multi-state or nationwide civil conflict or disturbance,” the document read.

Obama wants to reopen NAFTA but keep trade flowing

http://www.nytimes.com/2009/02/18/business/18stanford.html?_r=2 U.S. Accuses Texas Financial Firm of ‘Massive’ Fraud  -

 

There is a lot more, and I think some from yesterday I done at the office, but its bedtime.

2-12-09

Something of Interest for Investors.  Iridium satellite - http://cryptogon.com/?p=6871

Biggest Solar Deal Ever Announced - We’re Talking Gigawatts 

On Febr. 4, Paul Wolfowitz, the former president of the World Bank, said the IMF and similar institutions are incapable of coping with the global financial crisis because they do not have enough resources.

Two words come to mind. Civilian Confiscation. It has been done before.

Uncle Sam sold $21 billion in 10-year notes Tuesday and another $14 billion in 30-year bonds yesterday

latest estimate from Goldman Sachs puts U.S. government borrowing for this fiscal year at $2.5 trillion

 China’s state-owned aluminum producer has closed its $19 billion deal with Rio Tinto.

 

 

2-11-09

Big Brother Health Care Provisions Slipped Into Economic Stimulus Bill http://www.naturalnews.com/025575.html

The Dow is down over 44% from its record high in October 2007,” notes Jim Nelson. So which companies have caught Jim’s attention? Start in Brazil:

  “Brazil is experiencing the same middle-class boom as the U.S. enjoyed post-World War II,” Nelson continues. “While millions are buying their first car, house and television, we have a chance to cash in. As more Brazilians enter the middle class, investment opportunities begin to open.

“China is in the midst of its worst drought since 1951,” notes Chris Mayer. Over 3.7 million people face water shortages, as do nearly 23 million acres of farmland. Rivers and lakes are drying up and farmers are drilling deeper than ever to reach falling water tables.

The Sarkozy government announced a $12 billion program to support France’s auto industry. “We’ll give you money,” he said, “but you’ve got to promise not to cut salaries or close down.”

big news yesterday was the sell-off in the bond market

“All eyes on sudden spike in US Treasury yields,” says the headline in the Financial Times .

We are bearish on U.S. government paper – in all its forms. And here’s why. The latest estimate from Goldman Sachs puts US government borrowing for this fiscal year at $2.5 trillion. Meanwhile, foreigners are showing less and less interest in U.S. debt. They’re switching to short term paper – bills and notes, which are less vulnerable to inflation and currency declines. And they’re pulling out of U.S. Treasury market generally. The total percentage of U.S. debt owned by foreigners is falling from 60% down to about 40%...a huge drop.

The idea is that securities that have no buyers will be sold to hedge funds for about 5 cents to 20 cents on the dollar. The loans the Fed will make to hedge funds are non-recourse loans. This means that if the fund defaults, its collateral is the securities bought with the borrowed money securities that will likely be worth nothing.

 

 

 

2-10-09

FBI Raided Lobbying Firm Connected to Murtha.  http://www.blacklistednews.com/news-3276-0-11-11--.html

A Proposal to Shore Up Banks With Pension Funds -

Financial institutions in the United States probably need hundreds of billions of dollars in additional assistance, and one congressman wants to harness state and local pension funds to help them.

 

Texas officials are working on a plan to respond to a potential collapse of the Mexican government and the specter of thousands fleeing north in fear for their lives after recent reports indicated the country could be on the verge of chaos
 
Cash-rich Mafia groups have been channelling funds into banks desperate to survive the global credit crisis, the UN anti-crime chief said on Monday
 

Bancorp Inc is gaining ground even though they have been losing their butt? STRANGE.

$650 million to assist Americans in upgrading to digital cable after the February 17, 2009, official transition to digital television. $2 billion to provide day care services to 300,000 additional low-income children. $1.2 billion to create approximately 1 million summer jobs for young people. $6.2 billion to improve the homes of low-income families to make them more energy efficient. $1.5 billion to build "Community Health Centers." $20 billion to provide "nutrition assistance" for middle-income families and to loosen restrictions for the length of time people can receive food stamps. An undetermined amount to "provide 100 percent federal funding through 2010 for optional State Medicaid coverage of individuals (and their dependents) that are receiving unemployment benefits or have exhausted those benefits."

$44 million to make repairs and improvements to the headquarters of the Department of Agriculture located in Washington, D.C. $276 million to upgrade information technology at the State Department. $400 million in repairs to various "national treasures." 200 million for work on the National Mall, $150 for maintenance performed at the Smithsonian Institution and $50 million to supplement a "lack of philanthropic support for the arts."

$3.1 billion for "infrastructure project" funding on federal land. This includes $1.8 billion for the National Park Service, $650 million for the U.S. Forest Service and $300 million for the National Fish Hatcheries. $209 million for maintenance at the federal Agricultural Research Service`s research facilities located across the nation. $2.5 billion to improve government-owned housing with new insulation, windows, and furnaces.

$600 million for NASA to fund projects like satellite sensors used to measure solar radiation for understanding climate changes. $1.9 billion for the Department of Energy for "basic research into the physical sciences." This includes topics like nuclear physics and fusion energy. $850 million for "wild land fire management." This includes $550 million to states for "volunteer fire assistance," "city forest enhancements" and "wood to energy" research. $400 million for "habitat restoration" projects. These will be administered by the National Oceanographic and Atmospheric Administration. $2.4 billion for projects involved in carbon-capture technology.

$2.7 billion for "rural water and waste disposal" grant programs. The purpose for these loans is to finance digging wells and to extend municipal water services in rural areas. $600 million to "prepare our country for universal health care." This will be achieved by training more doctors, dentists, and nurses.

China also gave FedEx rights to handle its domestic cargo, which is huge."

A lot of investors are pushing China, but I think not, just a gut hunch. If things go as a plan I read a while back, Brzezinski (Obama's master) wishes war between China & Russia with the US. China is also hit hard by the lack of need for goods, they aren't too good either.

Brazil maybe? Ford and now GM are investing 1 billion each, so reports have them. Brazilians, look out. The government there has already lost the Amazon Basin rights, actually the whole river. That only leaves mostly what...human labor.

If I was investing in currency, it would be a gold based one. Currencies are about to end, or at the least change.    

  Babies to have genetic code mapped at birth from 2019, compliments of Illumina.

 

2-9-09 

Well it came and went without a total fall. Not surprising, but if one looks, one always trips before a fall. Today was a trip.

  Government credit crisis tab about to reach $9.7 trillion.

Just a sampling:   

still plenty of pork in this hog of a bill. We noticed provisions like STD education, the 2010 Census, “smoking cessation activates,” government building renovations, lead-based paint reductions, Farm Service Agency computer upgrades and movie producer tax incentives, among other things, are all still in the bill. Ugh… don’t forget another $650 million toward this digital television conversion fiasco.

“The principal channel for this effect is that the legislation would result in an increase in government debt. To the extent that people hold their wealth in the form of government bonds, rather than in a form that can be used to finance private investment, the increased government debt would tend to ‘crowd out’ private investment -- thus reducing the stock of private capital and the long-term potential output of the economy.”

“If I look at government debt in the U.S., and debt in general, I think the only way they will not default physically on their debt is to inflate.” Faber told CNBC the inflation rate could rise to 100 times today’s rates, up to 200%.

Sales of PCs will likely decline in 2009 for the first time in eight years

Alternate Unemployment Measure, rose to 18.0% in January, from 17.5% in December.”

according to former Fed Chairman Alan Greenspan, that bubble accounted for 50% to 70% of GDP growth in recent years.

On an annualized basis, the “run rate” – the increase of dollars in circulation – is soaring by 369.92% per year! Unprecedented in our history!

Anyone holding U.S. dollars – in cash, in money markets, in Treasuries – is in the “blast radius.”

Goldman Sachs says the U.S. Treasury will borrow $2.5 trillion this fiscal year.

Tony Blair is poised to become the first President of Europe after it was confirmed that French leader Nicolas Sarkozy is determined to help him win the post.

As the world moves further into economic chaos, eugenics, an old idea cloaked under modern terminology, is making a comeback.

2-08-09

Chinese family planning study has shown that birth defects have risen by 40 per cent in just six years.

Think Healthcare.

The global economic crisis could trigger political unrest equal to that seen during the 1930s, the head of the World Trade Organization (WTO) said in a German newspaper interview Saturday.

"The crisis today is spreading even faster (than the Great Depression) and affects more countries at the same time," Pascal Lamy told the Die Welt newspaper.***

"This crisis weighs heavily on politics and puts peace in danger," he said.

He joins many others in warning that the economic crisis could lead to food riots, unrest or even revolution, including:
Of course, there is already rioting in Europe. But things could get a lot worse, and spread internationally.

 

2-7-09

It has often occurred to me, when the deficit is (was) figured, does it include all the lay-offs and food stamps?

Lee Rogers On Overnight America w/ Jon Grayson Discussing The FEMA Camp Bill, HR 645. Click Here

Maybe the blankets R talked about? 

The frozen remains of two mice infected with the bubonic plague are missing from a New Jersey bioterror research facility, and the facility waited seven weeks to report the incident to federal and state authorities
IMF Says Advanced Economies Already in Depression  http://www.roguegovernment.com/Lee_Rogers_On_Overnight_America_w__Jon_Grayson_Discussing_The_FEMA_Camp_Bill/14168/0/6/6/Y/M.html
Published on 02-07-2009
Geithner: We're Announcing Bank Plan Monday But We Have No Idea What It Will Be
The Obama administration has now veered away from a bad bank plan and is putting more weight on capital injections. Or the TALF. Or something. But the administration could still change its mind. Because it's only Friday, which means there are still 72 hours before Tim Geithner delivers the plan to the public.
Globalization

Codex Alimentarius - How the global elite will control your food supply
http://blacklistednews.com/news-3233-0-9-9--.html

 

2-6-09

Well, we shall soon see if R is right on the date, if he is not then those planning have caught on. it is a toss up. Drop the market and deplete a lot of savings and or pass the now 1 Trillion dollar hand-out and cause hyper-inflation. Perhaps both. By my thoughts, if they crash the market they know not enough people are looking and therefore not enough to overpower them. If they don't, there are enough people pissed off to worry them. Remember, they are 1% and their dogs 4%.

Noticed that all kinds of investing data saying cheer up and invest. A lot of gold pushing. Obama's plan for a "national smart" grid needs closer examination. An expanded national grid would be anything but smart. May end up benefiting Big Coal.

Facing Foreclosure? Don't Leave. Squat.

Everybody is pushing Gold. for those in America, I refer you to research when gold was called up.

598,000 lost jobs in January -- the biggest monthly decline since 1974. Total initial claims for unemployment reached their highest since 1982 at 626,000.

China Its urban unemployment rate it 9.6%, Canadian government reported 129,000 lost jobs in January, to 7.2%.

 Deutsche Bank lost about $5 billion for all of 2008.

“Policymakers should not focus entirely on one-off bailouts of large real estate developers, municipalities or even credit card issuers, as they have with Citi, BofA and AIG. Rather, they should recognize that supporting critical asset prices such as municipal bonds, CMBSes and even investment-grade corporate bonds is a necessary step toward eventual economic revival.”  Bill Gross

If this happens youtube or google Argentina and watch the video. This is a play by play book fall.

“Now let’s say that you have to charter a large tanker to store the oil. That’ll set you back about $75,000 per day for a vessel that holds 2 million barrels. Do some math. $75,000 per day to store 2 million barrels? That’s 3.75 cents per day per barrel to store oil, or about $1 per month per barrel. In other words, you could store oil at sea for six months and still have a profit of about $6 per barrel. No wonder the tankers are parked offshore.
 
“So when the contango price gap narrows or closes, the profit in storing oil will disappear. That’s why I think we are enjoying relatively low oil prices for now, and why we will see prices drift upward as 2009 wears on.

“Let me caution you, however, that oil pricing will exhibit a vicious cycle for the next several months and probably into the spring and summer. As oil prices rise, operators will release their stored crude into the market. This will drive the price of oil back down again. In the process, these oil price swings are playing havoc with the world energy industry. Prices are too unstable. There’s some long-term development ongoing, but not enough overall. It’s going to come back and bite us in about 18-24 months, at the latest.”

I would imagine that is how long they figure it will take the Middle East to fold. Then, look out!

“From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial ‘boom’ followed by a recession or depression when the Fed-created bubble bursts.

“With a stable currency, American exporters will no longer be held hostage to an erratic monetary policy. Stabilizing the currency will also give Americans new incentives to save as they will no longer have to fear inflation eroding their savings. Those members concerned about increasing America’s exports or the low rate of savings should be enthusiastic supporters of this legislation.

“Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state. It is time for Congress to put the interests of the American people ahead of special interests and their own appetite for big government.

“Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority over monetary policy. The United States Constitution grants to Congress the authority to coin money and regulate the value of the currency. The Constitution does not give Congress the authority to delegate control over monetary policy to a central bank. Furthermore, the Constitution certainly does not empower the federal government to erode the American standard of living via an inflationary monetary policy.

“In fact, Congress’s constitutional mandate regarding monetary policy should only permit currency backed by stable commodities such as silver and gold to be used as legal tender. Therefore, abolishing the Federal Reserve and returning to a constitutional system will enable America to return to the type of monetary system envisioned by our nation’s founders: one where the value of money is consistent because it is tied to a commodity such as gold. Such a monetary system is the basis of a true free-market economy.

“In conclusion, Mr. Speaker, I urge my colleagues to stand up for working Americans by putting an end to the manipulation of the money supply which erodes Americans’ standard of living, enlarges big government, and enriches well-connected elites, by cosponsoring my legislation to abolish the Federal Reserve.”  Ron Paul

Analysts think Barclays is so shaky the U.K. government may have to nationalize it.

All the banks that issue ETNs are having similar problems. Other top ETN issuers include ...

What happened to this battery?


China is about to embark on a multibillion dollar media expansion overseas, including the establishment of a 24-hour English language all-news channel modeled after CNN. These are only the most recent steps in a methodical strategy for Chinese state media to "go global" and make "the voice of China better heard in international affairs" -- a plan set in motion by President Hu Jintao immediately after his accession to power in 2002. Since then, Chinese state broadcasters have considerably strengthened their foreign news operations, enhanced foreign language services and established the supporting bureaucracy to get the government's message out swiftly when news breaks.

Codex Alimentarius - How the global elite will control your food supply

Barack Obama, North American Union, and You http://www.blacklistednews.com/news-3196-0-5-5--.html

2-5-09

8 states to 9th & 10th Amendment. (this will have an impact). Whole page click here.  

U.S. Senate is debating the so-called "Stimulus" bill, a nearly TRILLION DOLLAR boondoggle being carefully marketed as a treatment for our economic woes.

Defense stock soars 2,341% in 12 months – then another 47% after joining the NASDAQ...

There is more, but its late.

Please correct me or fill in the blanks on this stuff. If I am off base, please let me know. If you use this to invest, do so with your own knowledge combined.

2-4-09

President Obama  has said: "A world without nuclear weapons is profoundly in America's interest and the world's interest." Now he's taking action on those words.

Funny, nuclear companies funded both Hillary and Obama.

More and more people are taking on Big Coal, and with just cause since the health risks far exceed the benefits. This, when and if it unfolds will place more money for "green" energy, and I will just bet...nuclear.

  Dick Cheney warns there's a “high probability” of catastrophic terrorist attacks in the coming years

 

This is a real possibility, but I really don't buy into terrorist. By my and another CTr's account, 6 American nukes from the last 2 years are missing, and that is all they have publically reported. 

  Barclays forecasts a low of 750 for the S&P 500 by the end of the first quarter.

Big Pharma’s Merck and Schering-Plough led the way, both reporting better-than-expected earnings.

This I expect to continue with the current administration, unless the fall comes faster than expected. They will continue the drugs, henceforth, control.

Anybody mention GM's 1 billion investment promised to Brazil?

 China passed Japan as the world’s second largest car market in 2006.  Russia will become Europe's largest car manufacturer.

http://video.google.com/videosearch?sourceid=navclient&rlz=1T4HPIA_en___US272&q=David+Icke+at+the+Oxford+Union+&oe=UTF-8&um=1&ie=UTF-8&sa=N&tab=wv&oi=property_suggestions&resnum=0&ct=property-revision&cd=1# Watch this part. This is the plan.

The Treasury announced today a record quarterly offering for long-term securities. More than half of the $67 will come from rolled-over, maturing debt. 30 billion will also be offered for new investments.

Treasury has suggested that no executive receiving TARP funds would be allowed to make more than $500,000 a year.

  Oil will stay low until OPEC is broke. They are tanking the middle east and at that time, Russia, Venezuela, Syria and a couple more will then make oil expensive. Think 8-12.00 per gallon, unless of course the Amero is introduced, then think wheelbarrows of dollars.

 

2-3-09

  Somewhere in my notes from last year I remember seeing that Big Oil. Bush, the Queen, and a few more investing in alternative energy, just can't remember which. A replacement for oil. It was one of the last 6 posts before my board was breeched. Surprised me however because it looked counter productive.  

  Gideon Gono, now head of the Zimbabwean central bank, has been called in to aid the Obama Administration. . Gono will take over the Fed

Zimbabwe citizens will be allowed to use currency other than the stuff produced by its own central bank.

growth in the last quarter of last year at MINUS 3.8%.

The U.S. currently has about $1 trillion worth of spare output capacity. It has about $6 trillion worth of private debt

Microsoft has a moral obligation,” reads a letter Sen. Chuck Grassley (R-Iowa) sent to Microsoft CEO Steve Balmer, “to protect these American workers by putting them first during these difficult economic times… It is imperative that in implementing its layoff plan, Microsoft ensures that American workers have priority in keeping their jobs over foreign workers on visa programs.”

1) American protectionism, at any cost
2) “Acceptable” government meddling in private business decisions

Senate has already added billions more onto the infamous economic stimulus bill. The tally is now up to $885 billion, the Congressional Budget Office estimates, roughly $64 billion more than the House’s approved plan.

Then the IMF asked the U.S. to please print money. I began to see the whole world now in a mode of practicing what they have been saying I should not.’” Gono

Macy's slashing 7,000 jobs and cutting their dividend by 63%.

Thanks to plummeting prices, pending home sales jumped 6.3% in December, the National Association of Realtors reports buyers are slowly becoming enticed by low home prices. The NAR’s median home price plummeted 15% in December, year over year, to $175,400… the steepest drop on record.

These hold true especially on private short sales, loans that were subprime (banks get the difference + expenses back). Also watch for refis to be counted as sales eventually. This is due from what we see here to Foreclosures and people needing out. Flippers that were caught and can afford a loss. We are in a hot zone and we didn't see the rise, instead we saw membership drop, and it is still dropping. Last sale I had took longer because of  underwriters from CountryWide being late, plus government underwriters. It took 60 days. Also don't be fooled by pending contracts, money is not there yet. 

19 million American houses were uninhabited at the end of 2008.

President Obama to water down 'Buy American' plan after EU trade war threat

The European Union warned the US yesterday against plunging the world into depression by adopting a planned “Buy American” policy, intensifying fears of a trade war.

The EU threatened to retaliate if the US Congress went ahead with sweeping measures in its $800 billion (£554 billion) stimulus plan to restrict spending to American goods and services.

Obama Has Appointed Nine Members of the Trilateral Commission to Top-Level and Key Positions

FDA to Approve Genetically Engineered Animals; Treat Them as Corporate Intellectual Property

Research Breakthrough: Human Clones May Be Genetically Viable

Barack Obama, North American Union, and You 

State Budget Troubles Worsen: At Least 46 States Faced or Are Facing Budget Shortfalls for This and/or Next Year  

Personal bankruptcies soar 33% 

HHS Sec Daschle Withdraws

China Can't Find Jobs

 


 

2-2-09

"Oil bulls aren’t quite so fortunate. Light sweet crude has been in steady decline over the last week, and continues to trickle down today. As we write, it’s clinging to $40 a barrel."

  If what was told as truth by Lindsey Williams, this (cheap oil) will continue until OPEC breaks. Dubai will be a ghost town. While the USA has plenty of oil of her own, she will not be allowed to pump. Instead, Russia, Venezuela, Syria, and a couple more will hold supreme rein and when that happens, oil will go through the roof. It is not that these countries are bad guys, just good negotiators with TPTB. This will be the death blow on the USA, if one is needed.

"At $1.27 this morning, the euro is at a two-month low versus the dollar. The pound, now $1.42, is squarely in the doghouse as well. The dollar index remains around 86, about 3 points below its credit crisis high." Gold is rising, now 915.00.

This is not a strengthening dollar, but a weaker fiat currency... all of them. This will set the stage for either 1 of 2 possibilities.  4 basic fiat currencies. OR  what I have heard is that they see the gate open for the ultimate 1 world currency, already being imposed by Kissinger and others openly. Think debit card at first, chip after debit card proves too insecure.

"Rio Tinto, the Aussie mega-miner, is in talks with the government of China for an emergency loan. Chinalco, China’s state-owned aluminum company, will kick Rio as much as $9 billion, if the deal goes through. In exchange, China would nearly double its stake in Rio Tinto to 15%, easily making it the company’s biggest shareholder. "

    Now if China's economy is so bad, how are they doing this?

"The FDIC was able to find buyers for Florida’s Ocala National Bank and MD’s Suburban Federal Savings, but we note there were no takers on the one in Utah -- MagnetBank. The FDIC will have to pack up the bank’s assets and mail checks to its creditors. All told, the three failures will cost the FIDC around $225 million. "

  The FDIC has issued warnings that it is running out of money. Think natural disaster insurance, they opt out when a big enough disaster strikes. Don't get caught.

  “Americans saving more, spending less,” sets the tempo of the times.

  Very doubtful. From what I have read and watched, middle class are swimming in debt. Finding totals on Credit Card debt is all but impossible, not to mention all other non real estate debt. Just an example:  

"In September, consumers somewhat resumed their reliance on credit card debt, which increased a mere 1.2%. Although up from August's rise of only .4%, it still represesnts a significant decline from the 7% increase in 2007. Consumers owe $971 billion, which is $3,184 of credit card debt per person, or $8,299 per household. (Source: Federal Reserve, G.19 Release, November 7, 2008)"

What is and more importantly what is not being said? 1st off, the date. Next is the fact that they do not tell how many have filed bankruptcy and can no longer attain credit cards. Then how many are late. Another question might be how many are maxed out? Not to mention, I suck at spelling, now I feel better, this was written by someone professional?