Food Stamps Set Ever-Higher Record-32.8 Million People... 8.4 Million Jobs Lost in Recession
Food Stamps Set Ever-Higher Record-32.8 Million People... 8.4 Million Jobs Lost in Recession
8.4 Million Jobs Lost in Recession Dow Jones | The Labor Department’s
annual benchmark revision to the survey that produces the monthly
payroll report painted a bleaker 2009 picture.
…The January monthly report showed that 20,000 nonfarm jobs were lost
in January, worse than the consensus expectation for a gain of 15,000
jobs…
Nick Colas…”when they didn’t follow through on the sell off today through
midday, I think that caught people’s attention and was perhaps somewhat
of a catalyst for a short covering rally into the close.”
Come on! 170 point swing to the upside on much (230%+) worse than
expected news. I don’t buy it! The following echoes my own sentiments
except I’m constrained to say flat out that they lie and all of the time and
without compunction and in desperation and don’t forget the number of
market points up on the false news / data / reports which is far from a free
lunch (who’s left holding the bag-not them-it’s what they commission and
sell into) but rather the ever more prevalent ingredient for their recipe of
economic/financial crises, decline, fraud:
DAVE'S DAILY By Dave Fry, founder and publisher of ETF Digest and
author of the best-selling book Create Your Own ETF Hedge Fund.
February 5, 2010 ‘LYING WITH STATISTICS In college statistics class the
professor gave us a book with aforementioned title. It was impressive
seeing how folks can mislead with numbers. It's something we see
everyday especially from the government. Pushing a lot of unemployment
(seasonal adjustments) into old data might make future reports better
right? But it's misleading. Putting up an unemployment rate that's better
than expected (especially with high continuing Jobless Claims) is just a
function of how many unemployed people are dropping off the rolls
(birth/death model)[and “stopped looking”]. It's just more manipulative
BS. The markets were wallowing in red most of the day immersed in
worries about jobs and troubles in Europe. But, markets reversed course
led by a late round of buy programs beginning around 3 PM. Who would
launch such an effort? Any number of trading desks, hedge funds and
even our own government will stop at nothing nowadays to manipulate
everything. You can't make this stuff up frankly’.
(2-5-10) Dow 10,012 +10 Nasdaq 2141 +15 S&P 500 1,066 +3 [CLOSE- OIL
$71.19 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.74
(reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26 MID-GRADE/
$3.35 PREM./ $3.08 DIESEL)/ GOLD $1,065 [video] Gold Surges
Stocks/Gold Comparison (+24% for year 2009) / SILVER $15.15 (+47% for
year 2009) PLATINUM $1,483 (+56% for year 2009) / DOLLAR= .73 EURO, 89
YEN, .63 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR
NOTE YIELD 3.55% …..… AP Business Highlights ...Yahoo Market
Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies -
Domestic / International Risks Lurk for ETF Investors The bull market
that never was/were beyond wall street b.s. when measured in gold
Property Values Projected to Fall 12% in 2010 Jan 31, 2010 The Week
Ahead: Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010 01-13-10
Forecast for 2010 from Seeking Alpha Contributor THE COMING
MARKET CRASH / CORRECTION 1-28-10 Maierhofer (01-15-10) 11
Clear Signs Economy Sinking Economic Black Hole 1-22-10: 20 Reasons
Why The U.S. Economy Is Dying And Is Simply Not Going To Recover
Current Economic / Fiscal Charts Trendsresearch.com forecast for
2009 1-7-10 Crash is coming! ‘WORST ECONOMIC COLLAPSE
EVER’ Must Read Economic / Financial Data This
Depression is just beginning The coming depression…
thecomingdepression.net MUST READ: JEREMY GRANTHAM’S
QUARTERLY UPDATE 25 January 2010 (850 on the S&P) by TPC The
Next Wave of Collapse is Coming Sooner than you think Sliding Back
Into the Great Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL /
TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [
Shadowstats’ John Williams: Prepare For The Hyperinflationary Great
Depression Roubini: 'The worst is yet to come'... Top Eurobank
prepares for 'global economic collapse'... CHINA: ‘The world does not
have Money to buy more US Treasuries’ We Have Reached the Top of the
Stock Market (Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks
held their gains following the release of the home builders' sentiment
index, which declined in January as industry leaders remained concerned
about the poor job market and the continuation of home foreclosures. Read
more about the sentiment survey. It’s Time to Sell the Market…(1-19-10
Why wait till too late?) … This means closing out some longs for a profit, or
at least taking some money off the table. This also means considering what
one would do if stocks were to stage a significant reversal. The fact that
corporate insiders are selling their stakes in record numbers and that fewer
and fewer investors are participating in this rally makes a massive reversal
probable rather than possible this year!... THE NUMBER: DEC. -85,000
JOBS... 10%... 'WORSE THAN EXPECTED'... rallies stocks anyway
(they probably just didn’t bother resetting the computerized churn-and-
earn trade programs) / the new carry-trade borrow low then buy bubble
trade deficit up / US Will Hit 94% Debt to GDP Ratio Next Year, Surpassing
the Level Where Debt Starts Reducing Economic Growth Shrinking US
Labor Force Keeps Unemployment Rate From Rising … Negative data
spurs market rally … riiiiight! New jobless claims rise 'more than
expected'... Retail sales drop in December; Sales for all of '09 plunge by
record amount... Record year for foreclosures... Worthless Weimar
dollar, inflation, unsustainable debt, higher interest rates, and fake
numbers rally stocks Food Stamps Go to a Record 37.2 Million, USDA Says
Bloomberg …S&P sells on a price-to-earnings multiple of 88 after the recent
financial results. That is a horrendous overvaluation. A reasonable p/e
would be around 18-25…’ Economist Wachtel says practices that caused
crisis in play, toxic assets still there, and economically sound lending not
viable …El-Erian who oversees nearly $1 trillion in assets, more than the
gross domestic product of most countries, says stocks will drop 10 percent
in the space of three or four weeks, bringing the Standard & Poor's 500
index below 1,000 soon… Breaking Point 2010: Top Trends with Gerald
Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED
STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse!
Worse than Argentina because our debt problems are worse. This is
classic empire decline. Argentina was not even an empire. We’re fighting
wars in foreign countries as we are depleting the Treasury .…That’s why
we are calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in
near future / 2010, coming decade worse than past decade Last decade was
the worst ever in the stock market Jay Bookman | In nearly 200 years of
recorded stock-market history, no calendar decade has seen such a dismal
performance as the 2000s. Foreclosure / distressed sales up again and a
lunatics’ santa claus rally as in bubble-crashes past WITH NEW BUBBLE
IN THIS PREPOSTEROUS AND FRAUDULENT ENVIRONMENT WITH
CONTINUED SUCKERS’ COMPUTER PROGRAMMED /SHORT-
COVERING /BEAR MARKET RALLY (ON TRADE DEFICIT UNEXPECTEDLY
UP MORE, CONSUMER CONFIDENCE UNEXPECTEDLY DOWN MORE,
DYING DOLLAR, MUCH WORSE THAN EXPECTED 10.2% UNEMPLOYMENT
RATE, EVEN MORE FAKE GOVERNMENT REPORTS, NEW RECORD
DEFICIT 1.42 TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS
DOLLAR, CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE
DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF
FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR CORRUPT
GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS ESTIMATES-HAS BEEN
PREVIOUSLY DISCOUNTED MANY TIMES OVER), ETC., FALSE REPORTS
TO FROTH MARKET], BAD DATA (JOB LOSSES UP, BANKRUPTCIES UP
41%, CAR SALES / MANUFACTURING DOWN, ETC.), BULL S**T (IE.,
MERGER MANTRA-LIKE CHURN AND EARN COMMISSIONS GREAT FOR
WALL STREET FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE
LEADING INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE
BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER
THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is lost and
collapse is inevitable Recession Will Be ‘Full-Blown Depression’:(10-17-
09) Strategist/Analyst The History of the Future: Trends 2012 Autumn
2012, the “Greatest Depression” has spread worldwide …
http://www.albertpeia.com/alresume65393.htm
Cat owners are really top dogs for brains. Need they even have asked a
question with so obvious an answer?…According to a scientific study, cat
owners tend to be cleverer than their dog-loving counterparts… As if a
study was even necessary to know this glaring fact / truth!
http://www.albertpeia.com/alresume65393.htm
In Turkey, girl buried alive for talking to boys The body of a 16-year-old
Turkish girl has been discovered after being buried alive by relatives
in an “honor” killing carried out as punishment for talking to boys.
Dubai may seek Israeli PM’s arrest over Hamas leader’s death
http://www.albertpeia.com/alresume65393.htm
I’d say this alito vs. wobama is a tempest in a teapot inasmuch as alito is
more than just a lightweight, hack, liar, fraud etc., as set forth in the
comments. alito is a criminal who should have served / should be serving
time in prison for obstruction of justice, bribery, among other RICO
violations. To alito, drug money is as green as corporate money and worth
his vote as well. In addition to being an inept [I looked in on the one mob
case he had brought, bungled, lost (accidently on purpose?) since I was
suing some mob-connected under RICO and the court (I had known /
previously met outside of court the judge Ackerman through a client) was
absolute bedlam and a total joke since incompetent corrupt alito brought in
all 20 mob defendants (rather prosecute one or a few to flip them first) who
feigning illness had beds/cots in the courtroom along with their moans
during testimony and had the jury in stitches)] and corrupt (see below and
particularly the summary provided to the FBI under penalty of perjury
[http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenalty
ofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ] ) u.s.
attorney.
You’re naïve to think that the so-called supreme court is any different from
the rest of the meaningfully lawless and pervasively corrupt american
‘system’. I knew well an accomplished trial lawyer, fellow american college
of trial lawyers / and a bar examiner, who pondered from time to time
becoming a judge “so he’d never have to work again” – his words.
Some comments on alito…all appropriate:
the loser here is alito.lost his composure not good for a judge
especially afederal or supreme justice .loser big time this will live with
guy for a very time.roberts and the other justices will have a talk with
him that is a given.this relly larger than o one day news cycle.
Posted by: donaldtucker | January 28, 2010 1:12 AM |
Rendition: Where the War on Terror Meets the War on Drugs Patrick
Henningsen | It’s time to ditch the policies we have come to tolerate
for decades before they consume what is left of our moral core. I’ve
experienced the corrupt inter-relationship of the government (all 3
corrupt branches) and the illegal drug trade / obstruction of justice /
bribery first hand, particularly the courts / u.s. attorneys offices (ie.,
alito – now u.s. supreme court justice – quid pro quo for his
complicity / cover-up), feds; see immediately after article excerpt for
links / summary.
…“Evidence points to aircraft – familiarly known as “torture taxis” –
used by the CIA to move captives seized in its kidnapping or
“extraordinary rendition” operations through Gatwick and other
airports in the EU being simultaneously used for drug distribution in
the Western hemisphere. A Gulfstream II jet aircraft N9875A
identified by the British Government and the European Parliament as
being involved in this traffic crashed in Mexico…” In 2004, another
torture taxi crashed in a field in Nicaragua with a ton of cocaine
aboard… Mexican soldiers found ..132 bags containing 3.3 metric
tons of cocaine. The origination of the Gulfstream’s flight is
unknown but it was destined for Cancun when it crash landed.
Again, here is the important point: that same Gulf Stream II was one
of the very same planes chartered to the CIA for the rendition of
suspected terrorists prisoners. Gulf Stream II crashed in Mexico with
3 tons of cocaine on board ..it should not be surprising that this
illegal practice of rendition has in some part, been used as a well-run
smokescreen for another borderless illegal operation- an extremely
lucrative international transfer and delivery of cash and
narcotics.,,These flights are not subject to regular customs checks,
inspections or normal regulations as they move seamlessly between
destinations in the US, Britain, Europe, Middle East, Central Asia,
Cuba and possibly through US bases in Turkey, Greece and
Morocco…
http://www.albertpeia.com/alresume65393.htm