It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Friday, March 30, 2012

The video of Obama dissing free markets at U of V

http://www.realclearpolitics.com/video/2012/03/30/obama_youre_on_your_own_economics_doesnt_work.html

When something is centrally planned and other options are banned, it creates a central point that bad guys can aim at and corrupt. And they do---as proved by Obama's deals.

Obama is one scary dude. What he told Russian president Dmitry Medvedev about it being easier to operate after the election is probably how he is thinking about his domestic central planning ideas for after the election. Scary.



Funny Perspective


America: What Did Thomas Jefferson Mean?

 ( Please note this is the last post of the day as I have errands to do and it is Friday so a few Cocktails are in order this evening. I will update  as time allows this evening as well...In the mean time Please enjoy your weekend and Let Freedom Reign. )

America: What Did Thomas Jefferson Mean?

After listening to Winston Churchill, Ronald Reagan, and Abraham Lincoln, let’s listen to Thomas Jefferson, shall we? Here you go …
“I abhor war and view it as the greatest scourge of mankind. The most successful war seldom pays for its losses.”
He meant: President George W. Bush, it was reckless for you to launch the Iraq War in 2003! President Obama, end the war in Afghanistan now (Top-10 American Misconceptions about The World)! Stop listening to the generals, as “the wars are too important to be left to the generals”. The Afghan war, any war, must not be part of consideration for the re-election!
Follow up:
“My reading of history convinces me that most bad government results from too much government.”
He meant: President Obama, the government is way too big!
“Commerce with all nations, alliance with none, should be our motto. Money, not morality, is the principle commerce of civilized nations. Peace, commerce and honest friendship with all nations; entangling alliances with none.”
He meant: Trade with everybody, like the Chinese do, especially over the past two decades. Trade helps politics, not the other way around!
“I have no ambition to govern men; it is a painful and thankless office.”
“Never spend your money before you have earned it.”
He meant: Balance the budget!
“It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.”
He meant: President Obama, stop spending like there is no tomorrow! The national was $9T when you took office in 2009, and it is now $15T. You are by far the biggest spender in U.S. history!
“Nothing gives one person so much advantage over another as to remain always cool and unruffled under all circumstances.”
He meant: For all the problems America has today, have you seen anything better than this diagnosis and this solution?
“The man who reads nothing at all is better educated than the man who reads nothing but newspapers.”
“The spirit of this country is totally adverse to a large military force. We did not raise armies for glory or for conquest.”
“I propose that the Constitution, and each one following it, expire after 19 or 20 years.”
He meant: It’s time to significantly amend the Constitution as follows:
  • Limiting the American Presidency to 1-term (e.g. six years).
  • Raising the statutory requirements for the American Presidency, such as the minimum age to 55 (from 35) and only after having served a full-term as governor.
  • Introducing strict term-limits for Congress, preferably 1-term (e.g. six years) as well.

About the Author

Frank LiFrank Li is the Founder and President of W.E.I. (West-East International), a Chicago-based import & export company. Frank received his B.E. from Zhejiang University (China) in 1982, M.E. from the University of Tokyo in 1985, and Ph.D. from Vanderbilt University in 1988, all in Electrical Engineering. He worked for several companies until 2004, when he founded his own company W.E.I. Today, W.E.I. is a leader in the weighing industry not only in products & services, but also in thought and action.
Dr. Li writes extensively and uniquely on politics, for which he has been called "a modern-day Thomas Jefferson"(see page 31).

Brave New Bank? BRICS moot dropping dollar, IMF


Fannie and Freddie Can Prevent Foreclosures and Protect Taxpayers Through Principal ReductionFannie and Freddie Can Prevent Foreclosures and Protect Taxpayers Through Principal Reduction

Fannie and Freddie Can Prevent Foreclosures and Protect Taxpayers Through Principal Reduction

Infographic: Costs and Disbursements of TARP

Infographic: Costs and Disbursements of TARP

Water levels low in Fukushima reactor

http://www.upi.com/Top_News/World-News/2012/03/29/Water-levels-low-in-Fukushima-reactor/UPI-64981333053826/?spt=hs&or=tn


Goldman Sachs: Rewarded for Greek Debt Scheme

Goldman Sachs: Rewarded for Greek Debt Scheme

No new job. No new house. No recovery.

http://money.cnn.com/2012/03/30/news/economy/housing-jobs-unemployed/index.htm?iid=HP_LN


Looking Back on the Limits of Growth

http://www.smithsonianmag.com/science-nature/Looking-Back-on-the-Limits-of-Growth.html


Greek PM does not rule out new bailout package | Reuters

Greek PM does not rule out new bailout package
| Reuters



US Total Revolving Credit Outstanding

A chart of total revolving credit outstanding is a good way to view consumer spending habits.


Look at a 5-year chart. 


The Department Of Homeland Security Is Buying 450 Million New Bullets

http://www.businessinsider.com/us-immigration-agents-are-loading-up-on-as-many-as-450-million-new-rounds-of-ammo-2012-3


This mornings data

Personal Income: Actual 0.2%, consensus 0.3%, prior 0.3% (revised 0.2%)
Personal Spending: Actual 0.8%, consensus 0.6%, prior 0.2% (revised 0.4%)
PCE Prices - Core: Actual 0.1%, consensus 0.1%, prior 0.2%

 http://www.briefing.com/investor/markets/bond-market-update/#ixzz1qbRIpKpP

Please note:  Consumer spending in the U.S. jumped 0.8% in February,largely because of higher energy costs

The Commerce Department also revised January data to show a 0.2% rise in income, down from 0.3% originally

 As a result, the personal savings rate fell to 3.7% from 4.3%, the lowest level since August 2009... adjusted for inflation, disposable income (money leftover after taxes) dipped 0.1% last month.  



Three Major Banks Prepare for Possible Credit Downgrades

http://finance.yahoo.com/news/three-major-banks-prepare-possible-113804483.html


3 month relative performance

AAPL helped the Nas for sure...and then of course there is IBM... Silver coming in 5th and Gold falling out of the lime light at 13th..

Gold & Silver to Set New Highs in Next 12-18 Months: Nenner

http://finance.yahoo.com/blogs/breakout/gold-silver-set-highs-next-12-18-months-150928916.html


First wheat, now healthcare

http://www.latimes.com/news/opinion/commentary/la-oe-bovard-supremecourt-precedent-healthcare-20120329,0,4114392.story


Expanding the debt bubble to a tipping point – US government debt growing 4 times faster than GDP. Retail investors largely out of stock market.

http://www.mybudget360.com/expanding-debt-bubble-tipping-point-gdp-fed-public-debt-stock-market-flow-funds/


Jaws of Death – Ty Andros

http://www.traderview.com/tedbits/TB-Mar28-12.pdf


Thursday, March 29, 2012

The Mighty Mathematician You’ve Never Heard Of

http://www.nytimes.com/2012/03/27/science/emmy-noether-the-most-significant-mathematician-youve-never-heard-of.html?_r=1&ref=general&src=me&pagewanted=all


9-11 Suspects - Explosive Connections (Updated Fixed and Revised)






Fascinating...Not posting this video for any Tin Foil discussion or Ill-legitimizing my blog as some people get sensitive to 9-11 speak, posting mainly for the players involved. IE as the title states "the connections " mostly Financial.

L.A. Mayor Antonio Villaraigosa calls for layoffs of city workers

http://www.dailynews.com/news/ci_20285089/l-mayor-antonio-villaraigosa-calls-layoffs-city-workers


Help Me Put Jon Corizine in Jail


Is gold hustling for a move?

http://therealasset.co.uk/gold-price-hustle/


Gold is Manipulated (But That's Okay)

http://www.chrismartenson.com/blog/gold-manipulated-thats-okay/72892


Advance Monthly Retail Trade Survey

http://www.shadowstats.com/charts/retail-sales





Consumers rule!!!!!!

Household Debt Service Payments as a Percent of Disposable Personal Income (TDSP)

http://research.stlouisfed.org/fred2/graph/?s[1][id]=TDSP


The [Recovery] Has No Clothes

http://www.silver-prices.net/home/the-recovery-has-no-clothes.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+SilverPrices+%28Silver+Prices%29


Obama Is a Loser Who Wins, Like FDR in 1936 - Bloomberg

Obama Is a Loser Who Wins, Like FDR in 1936 - Bloomberg

Gas prices in Washington surpass $4 a gallon

http://www.washingtonpost.com/business/economy/gas-prices-in-dc-surpass-4-per-gallon/2012/03/28/gIQAZzTGhS_story.html


Who Captured the Fed?

http://economix.blogs.nytimes.com/2012/03/29/who-captured-the-fed/?src=tp


Initial Claims:

Initial Claims: Actual 359K, consensus 350K, prior 348K (revised 364K)
Continuing Claims: Actual 3340K, consensus 3385K, prior 3352K (revised 3381K)
GDP - Third Estimate: Actual 3.0%, consensus 3.0%, prior 3.0%
GDP Deflator - Third Estimate: Actual 0.9%, consensus 0.9%, prior 0.9%

Read more: http://www.briefing.com/investor/markets/bond-market-update/#ixzz1qVdc2d32

 

WSJ: Fed Buying 61 Percent of US Debt

WSJ: Fed Buying 61 Percent of US Debt

Help, I'm confused.

How can Best Buy beat their earnings number by .31 with a revenue miss of $620,000,000.00? 

Oh wait I know

All signs point to a major Best Buy announcement Thursday

http://www.startribune.com/blogs/144710955.html

Just in:
 Best Buy shares gain following results; electronics chain to close 50 U.S. big-box stores

Best Buy Reports Fiscal Fourth Quarter and Full Year 2012 Results

http://phx.corporate-ir.net/phoenix.zhtml?c=83192&p=irol-newsArticle&ID=1678071&highlight=




Nuclear Consultant: Damage to base of Reactor No. 2 is “so severe”

http://www.independent.co.uk/news/world/asia/still-critical-radiation-levels-at-fukushima-can-kill-in-minutes-7595018.html


The Origin and Purpose of the Federal Reserve

http://michael-hudson.com/2012/03/federal-reserve-system/


Why the April Jobs Report Could Be a Disaster

http://iaconoresearch.com/2012/03/28/why-the-april-jobs-report-could-be-a-disaster/


Stockton credit takes another hit – Recordnet.com

http://www.recordnet.com/apps/pbcs.dll/article?AID=/20120328/A_NEWS/203280314/-1/NEWSMAP


Wednesday, March 28, 2012

Your Wednesday Blue light Special with Neil Diamond

Adding a little entertainment on Wednesdays for the Blog. A Blue Light special concert of my choosing,  I enjoy all varieties of music from Hard rock ( Tool, Metallica as an example ) right down to the blues, Big band and in between. I  will base these choices on my taste for that particular day, So Relax mix yourself a beverage...and Enjoy this evenings Blue Plate with Neil Diamond. Mellow mood so this works... besides my wife loves it...so let it be done.




Cheers to all

Shill

Special announcement

Live blog of hearing on collapse of MF Global - Political Watch - MarketWatch

Live blog of hearing on collapse of MF Global - Political Watch - MarketWatch

Student Loans Take the Place of Home Equity | Iacono Research

And there it is folks.....

Student Loans Take the Place of Home Equity | Iacono Research

 

South Carolina House Panel OKs Gold, Silver As Legal Tender

http://www.thestate.com/2012/03/27/2210270/house-panel-oks-gold-silver-as.html




Recovery? Housing says it’s a Hoax | Greg Hunter’s USAWatchdog

Recovery? Housing says it’s a Hoax | Greg Hunter’s USAWatchdog

The Receding Tide

http://lewrockwell.com/reed/reed231.html


YouTube - Gaddafi says JFK was Assassinated by Israel

Fascinating video has emerged

YouTube - Gaddafi says JFK was Assassinated by Israel

  I have no idea how Gaddafi developed the view that Kennedy was killed because he insisted on the monitoring of the Israeli Dimona plant, but this is one fascinating video that has emerged. No wonder they took him out.

Gingrich, Strapped for Cash, Lays Off Third of Staff - ABC News

Gingrich, Strapped for Cash, Lays Off Third of Staff - ABC News


Get! yer $50 dollar photo here! 


Economic Dangers of an Aging America

http://www.theatlantic.com/business/archive/2012/03/gray-nation-the-very-real-economic-dangers-of-an-aging-america/254937/


"Fukushima city needs to be evacuated"

http://mdn.mainichi.jp/mdnnews/news/20120328p2a00m0na008000c.html


Japan nuclear reactor has fatally high radiation

http://www.cbsnews.com/8301-202_162-57405190/japan-nuclear-reactor-has-fatally-high-radiation/

Refinance Applications Drop for Sixth Consecutive Week

From the MBA: Refinance Applications Drop for Sixth Consecutive Week
Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 23, 2012. ...

The Refinance Index decreased 4.6 percent from the previous week. The Refinance Index has decreased for six consecutive weeks, falling to its lowest level since December, and is 24.2 percent lower than its 2012 peak observed in February. The decline in the Refinance Index this week was driven largely by a 12.0 percent drop in government refinance activity, while conventional refinance applications fell by less, decreasing 3.4 percent from the previous week. The seasonally adjusted Purchase Index increased 3.3 percent from one week earlier.
...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,500 or less) increased to 4.23 percent, the highest rate since November 2011, from 4.19 percent