May 082010 Posts

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This is a global depression. This is a secular bear market in a global depression. This is a bull (s***) cycle in a secular bear market. This is a manipulated bubble as has preceded the prior crashes with great regularity that the wall street frauds and insiders commission and sell into. This is a typical wall street churn and earn pass the hot potato scam / fraud as in prior crashes. The “Real” Unemployment Rate Jumps To 17.1% MOODY'S: U.S. Debt Shock May Hit As Soon As 2013 … I’d say that’s very optimistic but does take into account ‘smoke and mirrors’ ... THE FORECASTS:
Harry Dent, Jr. Economy will be in a Depression by 2011 The worst of this next depression is likely to hit between mid-2010 and mid-2013, especially around early 2011, but if the banking system continues to implode a deep downturn or depression could begin sometime in 2009 instead of 2010. Dow will Fall to 3,800 – 4,500 by 2012 Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest. Inflation will Increase until mid- 2010 and then turn to Deflation Interest Rates will Increase U.S. Dollar will Decline Housing will Decline by 40 – 60% from Today’s Levels Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012 Russell Napier is the author of the book “Anatomy of the Bear”, a professor at the Edinburgh Business School and a consultant to CLSA Ltd. which is one of the top research houses in Asia. Napier’s research indicates (and I paraphrase) that: The S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800) The S&P 500 will then undergo a major crash that will see U.S. equity prices bottom at almost 50% below current levels (i.e. to 400 or less; the Dow 30 to 3800 or less) sometime around 2014 as Tobin’s “q” drops to 0.3 signaling the end of the bear market, as it has done at the end of the four largest U.S. market declines in 1921, 1932, 1949 and 1982. U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve Currency Robert R. Prechter Jr. is author of a number of newsletters and books including “Elliott Wave Principle” (1978) in which he predicted the super bull market of the 1980s; “At the Crest of the Tidal Wave – A Forecast of the Great Bear Market” (1995) in which he predicted a slow motion economic earthquake, brought about by a great asset mania, that would register 11 on the financial Richter scale causing a collapse of historic proportions; and “Conquer the Crash: You can Survive and Prosper in a Deflationary Depression” (2002) in which he described the economic cataclysm that we are just beginning to experience and advised how to position one’s self financially during that period of time. Depression is Imminent The Dow Jones Industrial Average will go down to at least 1000, most likely to below 777 which was the starting point of its mania back in August 1982, and quite likely drop below 400 at one or more times during the bear market.

Incompetent, corrupt zionist lieberman, the ‘Zelig’ of american politics and decline, Looks to Strip the Citizenship of 1 Million Americans Without Charge or Trial Keith Farrell | The climate of fear, created out of the

exaggerated Times Square incident last week, has allowed Joe Lieberman and fellow establishment lawmakers to introduce a bill that would drive the final nail into the coffin of the Bill of Rights. Greg Palast: “Remove the Bloodsuckers” The Excavator | IMF, WTO, goldman et als, and the World Bank: transnational economic parasites that bring entire nations to ruin. Stock Market Collapse: More Goldman Market Rigging Ellen Brown | When Goldman got dragged before Congress and the SEC in April, the Greek crisis arose as a “counterpoint,” diverting attention to that growing conflagration. Plunge in US equities remains a mystery Financial Times | The conventional wisdom held that an incorrectly typed sell order – one that confused “billions” for “millions”, for example – was the likely culprit. The Fed Is Only Authorized to Conduct MONETARY Policy, But It Has Also “Become the Single Largest FISCAL Actor in the U.S. Economy” The Fed has enormous discretion in its decisions. It is entirely appropriate to demand that they be carried out with greater transparency and be subject to greater oversight. Is Sovereign Debt Crisis Contained to Subprime? As Americans observe the chaos in Greece, most assume that the (here come the jokes) strength of our currency, the credit worthiness of our government, and the vast expanse of two oceans, will prevent a similar scene from playing out in our streets. I believe these protections to be illusory at best and total jokes if not frauds at worst. MOODY'S: U.S. Debt Shock May Hit As Soon As 2013... Obama Bemoans Alternative Media, Rise of Tea Party Kurt Nimmo | Only the government version of the truth meter is worthy of consideration, according to Obama and his speech writers. Is Gulf oil rig disaster far worse than we’re being told? Mike Adams | We may have just done to ourselves what a giant meteorite did to the dinosaurs. Look Out, Obama Seems to Be Planning for a Lot More War There’s more war in America’s future – a great deal more, judging by the Barack Obama administration’s reports, pronouncements and actions in recent months. US takes the war into Pakistan The approval given to the United States Central Intelligence Agency (CIA) by the administration of President Barack Obama to expand drone strikes in Pakistan’s tribal regions is on face value a declaration of war by the US inside Pakistan. EU Prepares Euro Fund to Fight ‘Wolfpack,’ Halt Debt Crisis European Union finance ministers pledged to stop a sovereign debt crisis from shattering confidence in the euro as they held an emergency summit to hammer out a lending mechanism for deficit-stricken nations. British taxpayers ordered to bail out euro All 27 EU finance ministers have been summoned to Brussels on Sunday to sign up to a “European stabilisation mechanism. Britain will be unable to veto this

as it will be put through under the “qualified majority voting” system. Greek Debt Woes Ripple Outward, From Asia to U.S. The fear that began in Athens, raced through Europe and finally shook the stock market in the United States is now affecting the broader global economy, from the ability of Asian corporations to raise money to the outlook for money-market funds where American savers park their cash. The Greek spirit of resistance turns its guns on the IMF Deep inside the august halls of Athens University, the renowned political commentator Paschos Mandravelis will deliver a message this week that until very recently was lost on most Greeks. Go to following pages for above links: http://www.albertpeia.com/currentopics2ndqtr10108.htm http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm http://www.albertpeia.com

http://www.albertpeia.com/alresume.htm
The Count: 4397 U.S. Military Deaths in Iraq; 965 in Afghanistan Pasadena Weekly | As of Day 3,125 of the war in Afghanistan and Day 2,579 of the war in Iraq, 965 American military service members have died in Afghanistan since 2001 and 4,397 have died in Iraq since that war began in 2003. "What this means is that Neanderthals are not totally extinct. In some of us, they live on," Paabo … With regard to that extinction thing, I’d say they’re still working on it (ultimately, decades, extinction, the distinction, without a difference). Actually, prior to studying the compelling subject of Biological Anthropology (Michael Park text), I too had some misconceptions about the group known as Neandertals (recent spelling drops the ‘h’) and actually mis-referenced same by the stereotypical image of members of said clade even as the debate continues as to whether they are within the species homo sapiens or a separate species. I believe these to be distinctions without important differences, so humble the origins and evolution of man truly are. Parenthetically, I wonder what that anthropological scientist Heidi Klum thinks on the subject. Signs of Neanderthals Mating With Humans - Neanderthals mated with some modern humans after all and left their imprint in the human genome. Genome hints humans, Neanderthals rolled in prehistoric hay You're a Neanderthal: Genes say yes — a little bit (AP) Neanderthals and people interbred, fossil analysis finds For more info on man’s humble beginnings, see here http://www.albertpeia.com/anthroindex1.htm

Previously I wrote: FOUND: MISSING LINK BETWEEN APES AND MAN.... These stories, and the many like it, is old news and I subscribe to the more studied view that there is no “missing link” per se and in my view are distinctions without significant differences. I previously wrote: To Learn More About From Whence Man Came, This Link's For You [To the Professor at the beginning of the course] 10-5-09 Postscript: Professor *****, I felt compelled to thank you again for the add; not to curry your favor but indeed to express profound thanks inasmuch as this is probably the last formal course at a formal educational institution I'll ever take; and among the most important. While I had bought at discount a library-discarded 1993 Anthropology by Embers text, though meaning to read same never quite got to it. I am astounded by the substantial amount of time involved in the evolutionary process, not that I ever stopped to think about it, and one must come away with the sense of 'and all that...for this?'. This course should be required curriculum along with psychology, sociology, etc., but probably won't be owing to what is, as it should be, a very humbling educational experience for any member of the human race. Regards, Al Peia [Interestingly, my intuitive (but unstudied) thoughts prior to closer examination of the compelling subject of Biological Anthropology remain what I believe to be the correct scenario. Specifically, very simply stated, for the most part, the more “enlightened” (but not by much; by mutation, accident, luck, intervention, etc.) left the unvarying confines of their Sub-Saharan origins, experienced diverse new environs, challenges, etc., experienced what has been described (by neuroscientists, psychologists, etc.) as neurogenesis in varying degrees and forms thereby over time, which trait was selected for and is consistent with the purported multi-regional evolutionary model which does not overtly contradict ultimately, initial African origins. Races, sub-species, missing links, etc., are subsumed in this very humbling and sorrowful tale of the “dawn of man”.] [Abolish the corrupt, costly, economically wasteful lifetime extravagantly appointed federal courts - see RICO case [ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe naltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]

Don’t Tread On Me: A Refresher Course on the Constitution Go to following pages for above links: http://www.albertpeia.com/currentopics2ndqtr10108.htm http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm http://www.albertpeia.com

http://www.albertpeia.com/alresume.htm

BUDGET CRISIS PUTS LOS ANGELES COURT SYSTEM AT RISK ... ABOLISH THE CORRUPT, ECONOMICALLY WASTEFUL SO-CALLED SYSTEM, FROM MY DIRECT OBSERVATION AND EXPERIENCE . (PREVIOUSLY ARCHIVED) HOWEVER, THIS LATEST "CALIFORNIA/LA DISTRACTION" REQUIRES ELUCIDATION AS FOLLOWS: Response to App. Div. OSC STATE OF CALIFORNIA ethics complaint Response to Sup.Ct. OSC designation of record on appeal The so-called "order" appealed from. How embarrassing for the superior court of the state of california! Typical corrupt banana republic america/california court Dirty money digitally laundered … a wall street, atlantic city, and american story … a very bad one and [also see RICO case http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe naltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ] Fraud: It’s Much Bigger Than Goldman Sachs Regulatory reform debate obscures key fact: Everybody’s getting money bribes from Wall Street Blagojevich calls feds 'cowards and liars'…[Yes. This is a rare moment for one to say that a sleazy hypocrite like blago, who is on corrupt federale-connected mobster trump’s celebrity apprentice, happens to be correct based upon facts / reality and my own direct observation and experience and the law – Don’t forget to include corrupt federal judges as maryanne trump barry, sam alito, shiff, matz, hall, underhill, dorsey, etc.. Defacto bankrupt america’s socalled system is pervasively corrupt and broken] (AP) [Abolish the corrupt, costly, economically wasteful lifetime extravagantly appointed federal courts - see RICO case [ http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe

naltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm

]

Drudgereport: UNEMPLOYMENT UP TO 9.9%... Broader Rate Increases to 17.1%... PLUNGE REMAINS MYSTERY; $1 TRILLION BRIEFLY WIPED OFF SHARES Payrolls Rise 290,000 in April... MOODY'S: U.S. Debt Shock May Hit As Soon As 2013... RNC: OBAMA'S 'NEW NORMAL' IS UNACCEPTABLE... Poll: 39% Would Pick Obama Again... OBAMA PENTAGON GIVES $500M 'NO BID' CONTRACT TO HALLIBURTON... PRESIDENT LASHES OUT AT MEDIA WORLD; IPADS, XBOXES, RUMORS Fed chief tells graduates: Don't worry, be happy... DOWNER: First lady's message: Brace for hardship... Stocks Dive Worldwide on European Debt Concern... MARKET VIOLENCE: FEAR, EURO WEAKENS, GREEK RIOTS CONTINUE, RETAIL DISAPPOINTS DOW SWINGS 1010 POINTS, 2ND LARGEST IN HISTORY... 'MANIPULATION' VIDEO OF DRAMA... CNBC: FAT FINGER, HUMAN ERROR IN TRADE CAUSED PLUNGE... PUSHED 'B' INSTEAD OF 'M'? REPORT: BAD TRADE TRACED TO CITI... 'No Evidence that CITI was Involved in Any Erroneous Transactions'... UPDATE: Oil Starts To Wash Ashore Off Louisiana... GREECE PARALYZED BY VIOLENCE DEBT CRISIS Stocks Slide Worldwide, Erasing 2010 Gain... UK budget deficit 'to surpass Greece's as worst in EU'... FREDDIE MAC seeks $11 billion dollars from feds to cover losses... Many possible triggers for wider euro debt crisis... Plunge raises reserve status fears... Faber: China 'Crash' Coming ... Oil from Gulf spill may even 'reach Miami'... Gulf Coast watches, waits for path... Leak could hit 40K barrels a day... Cleanup chemicals worry environment watchdogs... Oil will persist in sensitive habitat 'FOR YEARS'... BP Chief: We'll get loads of illegitimate claims - this is America... Psychiatrists: Global warming fears seen in 28% of obsessive compulsive disorder patients... Dems expolit oil rig explosion that killed 11 Americans to raise $$$... AHMADINEJAD: USA SHOULD BE PUNISHED FOR NUCLEAR 'THREATS' Federal Government Outpaces Private Sector in Job Creation... Inflation up 2% in March...

LIST: 20 most stressed, least stressed counties in USA... TALIBAN LEADER 'KILLED BY CIA DRONE' SURFACES ON INTERNET Videos appear to show Pakistan Taliban chief alive... Washington claimed killed…among others, for the umpteenth time…helps sell war budgets... MELTDOWN: Greece Gets $146 Billion Bailout... Largest ever assembled for a country... 'Collapse or salvation'... Junk Bond Sales Set Record... SPILL SPREADS OUT OF CONTROL European Central Bank President: Global Governance 'extremely necessary'…Riiiiight! … Sounds like a plan … and who to govern? The same incompetent vegetables who’ve created the problems in the first place? Oooooh … Brilliant! ... Greece, the so-called cradle of western democracy, erupts as IMF prepares to wield axe... AZ deputy shot in stomach by suspected illegal... UPDATE: Immigrants plan Saturday marches... 596 convicted of crimes nabbed in South... OIL SLICK NOW THREATENS GULF COAST BLAME GAME Slick Ashore Tonight Worse Than Exxon Valdez … How Did This Happen ? Roubini Says Greece 'Tip of Iceberg' as Sovereign Debt Threatens Recovery... Geithner: 'I Never Had A Real Job'… sounds like a plan!... Tent City In New York Set Up In Hopes For Elevator Job... camped out for 3 days for chance at getting an application NATIONAL ENQUIRER CLAIMS OBAMA CHEATING SCANDAL... 'Hotel security video could topple Obama's presidency'... GOLDMAN BOSS VISITED WHITE HOUSE AT LEAST 4 TIMES... GOLDMAN SACHS CEO endorses Dem Banking Bill: 'Wall Street will benefit'... GREECE CUT TO JUNK... Doubts intensify... Spreads to Portugal... Stephen Hawking: Aliens exist but don't talk to them -- it's too dangerous … might not like us… Oh pshaw! … Human nature, man’s inhumanity to man? … Such humble beginnings and evolutionary history … What’s not to like? … Besides, not to worry. With their advanced technologies that defy human understanding, the aliens already know you’re here … to stay. So, not to worry. After all, as we know from that documentary of that same name, ‘Earth Girls Are Easy’ … and then there’s photosynthesis on earth in a very big way also going for it! ... Seeing Aliens Will Likely Take Centuries. Centuries? Not goin’ to happen; at best, decades.

Go to following pages for above links: http://www.albertpeia.com/currentopics2ndqtr10108.htm http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm http://www.albertpeia.com http://www.albertpeia.com/alresume.htm

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