How to Kill Millions of Africans Without A Gun

The Press Reports Millions of Africans Dieing

If you have been paying attention to the news for the past 20 years, Africans are dieing by the millions. These reports invariably say that millions upon millions of Africans have:

AIDS

Some people even believe that AIDS started in Africa. What you don’t know is that the media is relying on the W.H.O. (World Health Organization). So then the question is how did the W.H.O. come up with these numbers, millions.

What’s the Definition of AIDS in Africa

Well the W.H.O. has a specific definition of AIDS when it comes to Africa. Wait! Did you just read that correctly? Yes! The W.H.O. has a different definition of AIDS in Africa than it does in America, Germany, Australia, or France. Then the question is, “what is the definition of AIDS in Africa?”

Hold on to your seat. This has to be the most retarded thing ever imagined by “medical” professionals.

The Bangui definition of AIDS (in Africa) -is defined as:

1. if a person has 3 of the following 4 symptoms, then that person automatically has AIDS.

• persistent cough
• persistent fever
• weight loss
• persistent diarrhea

2. if any of the 3 symptoms are found, then you will be classified as having AIDS, without any other AIDS test.

In Africa, tuberculosis, malaria, anemia, malnutrition, tropical diseases, and the remnants of colonialism that raped the land and the people has left millions of people broken and in perpetual ill health. The very loose definition of AIDS then sweeps all the above, real live threats to people’s health in Africa, under the rug. But, what could be motivating the W.H.O. to diagnose millions like this? And, by the way, they haven’t tested anyone in Africa. This number, “millions”, was actually done on a computer “model” of what Africa should look like, if that definition existed. So not only is the definition insane, the supposed number of AIDS cases is even false.

Why Do They Want Millions of Africans to be Diagnosed with AIDS?

The response to a diagnosis of AIDS is that there will be a lot of grant money given by people sympathetic to AIDS, and donations given by European and Western governments in response to a finding of AIDS.

Ok, what is done with all of these millions, no, billions of dollars in grant / donations? It is used to purchase:

AIDS “MEDICINE”

The billions of dollars that is given for AIDS is funneled straight through large pharmaceutical companies in the form of purchasing AIDS “medicine.”

As it stands today, there has not been any medical proof that AIDS exists. In fact, HIV is a complete medical farce. No doctor, scientist nor pharmacists has ever found the HIV virus, nor isolated it. Also, the FDA has made it clear that it has never, to this day, approved any HIV “TEST”. OH MY GOD! How come the media doesn’t report this? Yes, the FDA has never approved any HIV test, nor an HIV drug.

The AIDS medicine that is handed out kills the patient. The largest side effects of AZT and Protease inhibitors is liver failure and heart attack / failure. And this occurs in every case, and kills the patient well before any “AIDS” symptoms occurs.

In fact since AIDS was first discovered, it went from being the cause of 2 symptomatic diseases, to now covering 30 different diseases, including cancer. So, clearly the word AIDS is now even use euphemistically. This was done by the CDC (center for disease control).

What does this have to do with Africa? The AIDS drugs makes the patients anemic. Africa is riddled with anemia already. If you then present a drug that makes you anemic as well, then you become, what is known in the medical profession as “transfusion dependent”. This means that an anemic person, presented with a drug that makes them more anemic has to have constant blood transfusions. However, in Africa, blood transfusions are next to non-existent. So, the anemic patient, taking anemic inducing drugs, simply dies.

So these billions of Africans are put onto AIDS drugs and are killed. It is just that simple.

It is very interesting to note, President Thabo Mbeki’s of South Africa, rejected the AIDS science, “there is no such thing as AIDS / HIV,” after hearing all sides of the issue. The world community hushed him up. They brought tremendous pressures to bear on the country. And then said all these “deaths” were from AIDS and that the president was leading his people down a path of ignorance. Of course, no one tested the people that died, nor did they even note what the actual causes of death were. They even put out a statistics that 25% of South Africa had HIV / AIDS. Really? 1 in 4 people in an entire country having HIV / AIDS?

It just plays upon people’s ignorance. We are all so trusting of Doctors and the medical community, that we don’t think they could ever be wrong. They also say that HIV / AIDS is a sexually transmitted disease, yet in Africa, men only have a 6% exposure to HIV whereas women have a 25% exposure. Clearly men are more promiscuous than women, but the HIV / AIDS cannot explain why this is. This just also solidifies that HIV / AIDS is a myth. You cannot have a 80% promiscuous group of men only have a 6% exposure to HIV yet it be a sexually transmitted disease.

Understand this, some noble prize winners and members of the Royal Academy of Medicine in England and Europe have been ousted and silenced when they presented proof that there was no such thing as HIV nor AIDS. One doctor in San Francisco has over 200 patients, supposedly diagnosed as having AIDS, that he treated for their real diseases, and all are alive, and take no medicine. But, when he presented his findings he was shut out of the medical community as well. Countless stories exist of journalists, doctors, laboratory scientists, biologists who have questioned the myth of AIDS / HIV have all had their careers end immediately or their funding removed.

Who do you think is behind this? Why, the pharmaceutical companies of course. Not only that, but municipalities get money for every HIV diagnosis in their city each year. The federal government pays our cities cold hard cash, if they report people’s names as being diagnosed with HIV. The city then pressures doctors to “test” for HIV.
Recall above I told you there is no test of HIV. Even the test kit says right in the kit, that you as a patient never sees, “this kit is not to be used to diagnose HIV”. Those are the insert instructions in each HIV kit.

Follow the money

• HIV test
• HIV diagnosis
• doctor
• city
• HIV medicine

Every major organization in Africa today is involved in AIDS. They donate their money and time around the myth of AIDS. They no longer give out nutritious meals, or clean water. They prefer to hand out condoms and give AIDS speeches.

This is how and why you can and will kill millions upon millions of Africans. You would think that they would have their own doctors and scientists. Even today, Africa still depends on European powers to tell them what to do. They are no more free now than they were when they were a colony. Their own doctors are bought and paid for by big pharma (the mulsti-national pharmaceutical companies). They will not rest till every African is dead. Then they will return and rape the land of all of its rich natural resources.

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Conan O’brien Injured on the Job, Cancels "Tonight" Show

Conan O’Brien Rushed to Hospital

Friday night the star of the “Tonight” show, Conan O’Brien, hit his head while attempting a stunt during the show’s taping. Mr. O’Brien could not continue with the show and was rushed to the hospital. NBC issued a brief statement saying only that Mr. O’Brien had “hit his head doing a stunt and the show was not finished.” Hopefully this knocked some funny into him. He hasn’t been funny since Reagan took office.

No other details were released. One staff member on the show said Mr. O’Brien was expected to be fine and it was likely he would be back to work on Monday. Conan jokingly said, “Last thing I remember I was enjoying the play with Mrs. Lincoln and the next thing I knew I was in bed being served cookies and juice.” One staffer commented he is fine and would be up and running in no time.

As a result of the incident, Friday evening’s show wasn’t completed, and a “Tonight Show” re-run aired. NBC has yet to announce plans for next week’s shows.

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The Excellent Parent: Part One

Before You are a Parent

[this is a series I’m starting purely based on my own personal opinion. I have strong opinions. If you are offended by my conservative outlook on parenting, then I recommend right now that you do not read any of this series. You have been warned. However, this series come from the heart and is intended only to benefit those who would harken to my message.]

The excellent Parent starts well before you even have a child, even before conception. While I understand the educational system is poor, I must stress that you read that sentence carefully and consider every word. I said the “excellent” parent. Some people are confused by: adequate parents; passing parents; OK parents; mediocre parents. Those parenting skills are not the one’s I am concerned with here. The parenting I am talking about are the excellent parents. The entire series is dedicated to defining what an excellent parent is. The excellent parent starts well before you have a child, or even conceive a child. Let’s start from the very begining.

The Joys of Sex

Absolutely no one, and I fear religion is included in this these days, is talking about conception. Oh, they write books upon books about sex, but they don’t talk about conception. It is so in vogue to talk about sex, good sex, bad sex, sex based relationships. They even talk about “if you are not having good sex you should end the relationship”. Really? Let’s talk about wisdom for one brief instant.

Anyone who tells you that the basis of your criteria for your relationship with another human, a guy for a girl or a girl for a guy, that should be based on the performance of sex, for the sake of sex alone, does not have your best interest at heart.

That is wisdom. You might not recognize it, because wisdom is not in vogue these days. It it not “cool” to speak from a knowledgeable perspective. Everyone wants to sell you their books, but no one wants to tell you what you “ought” to hear. They want to be sensational and gossipy. That sells. Sex sells. Conception doesn’t sell.

I am only going to tell you what your father or mother or grandfather or grandmother should have told you. Everyone is so touchy these days that I bet grandpa and grandma are afraid to open their mouth, for fear they might get yelled at, or worse not be spoken to for the rest of their short lives. Oh yes, people get angry when you tell them sex is not the basis for a relationship, but the basis of conception for a child.

Sex is not the basis for a relationship. Sex is the basis for the conception of a child, the starting of a family, the passing on of your genes.

There, no one can say I did not do my duty to tell you what you ought to hear or ought to have heard. Ok, so the concept of the excellent parent is understanding that the basis of there family begins with sex. Sex ought to lead to children. Sex ought to lead to conception of a child. Sex ought to be planned, to optimally have the best potential for having a baby. So knowing this the excellent parent plans for their family before they have sex.

What Considerations Should the Excellent Parent Look At Before Having Children

Of course, everyone knows that money should be the first consideration before starting a family. I live in the U.S. and money makes the country go around. Other parts of the planet, I’m not concerned with. Money is a reality of the American family. If you do not plan for the monetary impact having a family will have on you, you are a poor, if not, bad parent. The excellent parent then will make sure that money is no object when it comes to being able to provide for:

• the impact of a child in the home
• the impact of one of the spouses staying home from work to take care of the child

The second consideration is an immediate concern, and not a long term concern. In a perfect world the mother would never go to work after having children. This is not a perfect world, but you can still be an excellent parent even in this broken system. [for those upset about the sexism in that statement, it is a fact that mothers have a nurturing spirit. embrace that nurturing spirit and do not sell your children short because of your own hangups. a child nurtured by a mother will be far more ahead of the game than otherwise. think about your children and not about your own issues.]

So what can you do to tackle the money issue if you are to be an excellent parent. Let me present several options [this is from a woman’s perspective]:

• marry a man with a high education [this is by far the easiest to do. you can simply go to college yourself and be on the lookout for the smarter, go-getters in school.]
• get an education and only date someone of your educational level yourself and marry such a person
• marry an older man [while I don’t believe in divorce, and this may push you to marry someone who is most likely divorced, it is the case that an older man is more likely to be well established and have money. lately though, men and women are not marrying until later due to the pressures of getting money to stay alive.]
• absolutely plan for the best possible profession or start a very lucrative business. [such women will usually attract a like minded man, if not one with more money. and, such women will meet men who are not intimidated by a successful woman, since they will likely be as successful.]

Notice, I did not hold anything back. These are things your wise mother or grandmother might tell you, as she pulls you into a quiet room when you’re 17 years old, and whisper in hushed tones. This is definitely something you do not hear. Options for a man? The very last option on the list. An excellent man, will plan for an excellent life and lifestyle. Wife and family should follow naturally with a plan of excellence of good living. A man should meet an excellent wife, if he plans his own life around good living.

Money is not the end, but a means to an end. The quest for money is not supposed to be the be all end all, it is supposed to allow you to have far more leverage with your life than someone with less money. That is just a reality. [do not read into this, to mean that poor people should not have families. poor people however cannot by definition be excellent parents. that is some brutal honesty. notice so far I have not mentioned love, not even for a second. I assume that all parents should have love for their children. If they do not have love for their children, then they do not deserve children.]

Why do you need money to be an excellent parent?

• if you are going to have a midwife birth or a hospital birth then there are those expenses, and they can be major to someone unaccustomed to such point blank expenses.
• prenatal care has expenses
• infant care has expenses
• preschool has expenses
• school has expenses
• college has expenses
• children’s lifestyle has expenses
• children’s healthcare has expenses

This is what money takes care of. If you are to be an excellent parent then, you have to plan to be able to cover all of those expenses.

For this part one of the series, we are concerned with planning of the family and conception. Do you have a home that can accommodate an infant/child or a second or third or more child? The home itself has to be able to accommodate them. Are you in an area that is accommodating to children? Are you going to homeschool your child?

In the best of all worlds, the excellent parent has a large house that can accommodate a child or more children. The excellent parent should prepare to homeschool their child. Hands down, homeschooling is the best education a child can get. Homeschooling affords you complete control over what is fed into the brain of the child. So, in this pre-conception stage you can prepare to seek education and certification in your city / state to homeschool your child. This is also and expense that money covers. If you plan on being an excellent parent, then homeschooling should be your goal for the education of your family. Plan for it and build it into your budget.

Conclusion

What have we covered?

• sex is not the basis of a relationship, it is the basis of conception for having children. this gets rid of the entire complication in a relationship over the matter. your relationship happiness should be based on issues that are cerebral not physical. your relationship with your spouse will be far more fullfilling if you approach it from that perspective.
• plan for a family before you have a family.
• plan for the expense of a family from the beginning
• think about real options of who you marry based on monetary absolute necessities. money is a reality in America. that is not to say that you should seek a spouse based on money, but that you should put yourself in a position to date and marry a spouse where money is not an issue.
• plan for the education of your family before you even have a family. there are so many people wanting to indoctrinate, instead of educate your child. take control of your family’s education before they are tainted with public education.

This ends part one. I reserve the right to revise this part. Return from time to time to see updates on this part. Leave comments. I am completely open to discussion.

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Why Wall Street Love China

China and Wall Street in Bed

It really perplexed me, who could be benefiting from the huge trade deficit we have with China. The trade deficit with China is so lopsided that anyone could see it, even non-economists. But, what really bugged me was why George Bush did nothing about it. I knew China was buying dollars, but that doesn’t quite answer the question of, why there is such a gross trade deficit. Finally the whole “China buys dollars”, was explained in detail.

China doesn’t buy dollars. China circumvents their own economic growth rate with the purchase of dollars. This way they can have upwards of a 15% productivity rate annually, and still maintain a 6% currency value of the dollar. With the dollar dropping precipitously last year, China made the unprecedented move to purchase $462 billion dollars. Mind you, these aren’t investments, they are hedges for the devaluation of their own currency. China is not doing this out of the goodness of their heart.

Ben Bernanke plays his role by continuously devaluing the dollar. China, in turn, responds by purchasing more “dollars”. China tries to keep a 6% value of the dollar, if the dollar goes down, the Yuan has to go down too, hence the continuous purchase. Now this tit for tat is more of a tango dance than anything else. Ben Bernanke screws over our country, and China buys it up billion by billion.

Why There Was a Crisis

Now this love affair America has with China would be great if only China and America existed. Oh, and throw the Saudis in that mix too. Keep in mind, everything I’m saying about China, goes double for the Saudis. But, the world doesn’t just exist for only China, the Saudis and America. Obviously the Federal Reserve is making money hand over fist off of China. However, China is dumping the dollars back on the stupid consumers, who purchase cheap Chinese goods, who are literally buying back their own dollars. So the true escape goat in all this is the U.S. citizen.

Chinese citizens are completely protected by their government. And, trade with the U.S. is one way street. In China there is a universal 25% tariff on all U.S. imports. There are restrictive quotas on all U.S. goods as well. So Chinese citizens are not even affected by anything the U.S. does.

The U.S. citizen buys all of these Chinese goods, which are all of horrible quality and have to be repurchased. This is by design. All Chinese products are made substandard, so that you have to continuously consume, over and over. The reality is, you are simply buying back your own dollars. The U.S. citizen is screwed both ways.

• Ben Bernanke devalues the dollar and inflation robs the U.S. citizen of all of their savings and investments.
• China purchases dollars which you would think would take away the inflation, but …
• China turns around and sells their substandard goods that U.S. consumers are forced to buy, by the big corporate importers.
• dollars flow back to China.
• Ben Bernanke devalues the dollar and inflation robs the U.S. citizen of all of their savings and investments

Now, the title of this story is: Why does Wall Street love China. China makes so much money off of stupid U.S. consumers, that they have to literally park their cash somewhere. They park their cash by:

• buying U.S. treasuries [in limited quantities]
• buying U.S. bonds [in limited quantities]
• buying securities [in massive quantities]

The last part is the icing on the cake. Securities! What securities? What is the return on those securities? Are the securities a sound investment for China? Are the securities from reputable companies? Does the SEC protect China from potential losses and shady sellers?

I’m sure you can tell by the questions what the answers will be. China doesn’t care! Nor, does Saudi Arabia. At $100 / barrel oil, Saudis can’t spend their dollars fast enough. They don’t care where they park their dollars.

Hence the crisis. The name of the game on Wall Street was CDOs and CDSs and the worse the asset, the better. China was buying it in droves and so that’s all the firms were putting together for them. The more the idiot consumers were buying houses with – no money down, no job, no income, the better. Because, Wall Street was selling the securities bundled with bad mortgages like hot cakes. Stupid American consumers were consuming 105% of what was being produced in this country. They were borrowing on their homes to make up the difference. These bad loans were being placed in securities. Moodies was giving triple A rating to trash. And, the SEC was being paid to look the other way. Heck, the SEC was so clueless because they don’t require an economics degree to join them. The SEC does not require any knowledge of trading or trade laws to be on board. China was the game and Wall Street was dreaming of ways to get them dollars. They were literally acting as their surrogates to purchase more dollars.

There was only a crisis when someone wasn’t China or Saudi Arabia. These “other people” actually looked at their returns; they looked at their investments; they looked at the value of the rating and knew something was up. They were getting wiped out left and right. And, while Wall Street was playing the China game, the rest of the world was crumbling around them. Finally, there were a whole lot more “other people” than there was Chinese and Saudis. This is why the crisis happened.

The Jig is Up

Now that everyone knows the jig is up, Ben Bernanke, and Wall Street [Goldman Sachs], are trying all they can to restore the cash cow, that is China. It is very hard to resist Goldman Sachs in congress. Goldman Sachs rules Washington. What Goldman Sachs wants it gets. However, in all of this mess, the one straw that everyone didn’t count on breaking the camel’s back, was the American citizen. They cannot restore the cash cow with unemployment upwards of 25%. [the real unemployment rate] They cannot restore the cash cow when U.S. citizens cannot buy Chinese made cheap crap. They cannot restore the charade when citizens are not buying dollars back from China.

The only hope that we have in this recession is that people will wake up:

• save their money
• don’t buy new cars
• don’t buy new homes
• don’t buy major appliances
• don’t go on expensive vacations
• don’t go shopping every week, month, season

This is the only hope U.S. citizens have to get out of this farce. It will force the hand of Washington. It will force the hand of the Federal Reserve. It will Force the hand of Wall Street.

This is why everyone is rushing to say that the recession is over, the recession is over, like Chicken Little. They want to return to the cash cow. They want you to buy stupid crap and like an idiot not see what’s plainly around you. Luckily unemployment is so high, otherwise I fear we’d be right smack dab in the same boat already. They are really trying to sell you this recession is over business.

The reality is, we are in the midst of a depression, and it’s going to get worse next year and the year after that. I guarantee you no one on Wall Street nor Washington will tell you this. Heck Washington won’t report the correct unemployment rate. Washington won’t report the real GDP. Do you honestly think they would tell you, we’re in a depression?

Now you know. Don’t buy anything but produce and buy a water filter, stop buying water out of bottle for God’s sake.

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Jessica Lange Under the Knife: Plastic Surgery

Jessica Lange for the Win

Well known actress Jessica Lange won her first Emmy Award ever, for outstanding actress in a miniseries or movie, for her performance in the HBO movie “Grey Gardens”. The story is based on a documentary done about the character Edith Bouvier Beale and her daughter, played by Drew Barrymore, “Big Edie” and “Little Edie”. However, where the 1975 documentary centered on a riches to rags theme, this movie went back 40 years and explored their life prior to their great downfall. It should be noted that the two were cousins to Jacky O.

The film itself won an Emmy Award for Best Made-for-TV Movie. Also, actor Ken Howard won the award for Best Supporting Actor in a movie or miniseries.

Of course this is all well and good, but the true story here isn’t about the excellence of an actress or a movie, the story here is the gossip surrounding Miss Jessica Lange. At age 60 she took the red carpet and she took the stage and everyone was floored how gorgeous she looked.

Jessica Lange Gets Plastic Surgery?

I personally don’t see what all the buzz is about: did she or didn’t she get plastic surgery. Her manager denies it by the way. Well of course we’re talking about actors. Be honest with yourself for one second. Do you really want to pay money to see some fat, average, wrinkled old broad? No. You can walk out your front door and see someone that doesn’t take care of themselves any day of the week.

The nature of the beast, is that hollywood is selling “the beautiful people”. They are told, with no uncertain terms, “get in shape and look your very best or you don’t get work.” If she had plastic surgery, who cares. If she didn’t have plastic surgery, who cares. That woman has to look her best. I’m not going to marry her nor jump in bed with her, but for a 60 year old woman she looked damn fine.

And that’s the word of the day.

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It’s Booming It’s Skyrocketing: The Unemployment Rate

Clash of the Economy: Rise of the Unemployment

Everyone agrees, the recession is over. We can all breath a sigh of relief. Pop open the champagne and kick off your shoes, because 42 states lost jobs last month, up from 29 in July, with the biggest net payroll cuts coming in Texas, Michigan, Georgia and Ohio. Ease into a comfy chair as the Labor Department reported that 27 states saw their unemployment rates increase in August, and 14 states and Washington D.C., reported unemployment rates of 10 percent or above. As you relax in your easy chair the report shows jobs remain scarce even as most analysts believe the economy is pulling out of the worst recession since the 1930s. And, good old Federal Reserve Chairman Ben Bernanke mistakenly said earlier this week that the recovery isn’t likely to be rapid enough to reduce unemployment for some time. As you cheer in the coming year, the jobless rate nationwide is expected to peak above 10 percent next year, from its current 9.7 percent.

We don’t have a care in the world. Every analyst and political pundit has told us the recession is done, over, finished, exeunt, finito, sayonara. So when you read reports that say the United States lost 216,000 jobs in August, the department said earlier this month, down from 276,000 in July, and that employers have eliminated 6.9 million jobs since the recession began in December 2007, you know it’s time to party and go wild.

Who cares: Texas lost 62,200 jobs as its unemployment rate rose to 8 percent in August for the first time in 22 years. The state’s leisure, construction and manufacturing industries were hardest hit, losing 35,500 jobs.

Who cares: Michigan saw 42,900 jobs disappear, including 25,000 in manufacturing, as the state continued to suffer along with its struggling auto industry. Michigan’s unemployment rate rose to 15.2 percent, the highest in the nation. When its jobless rate topped 15 percent in June it was the first time any state surpassed that mark since 1984. Most economists project Michigan’s jobless rate will continue to rise. The University of Michigan estimates it will average 15.8 percent in 2010.

Who cares: Nevada has the second-highest rate at 13.2 percent, followed by Rhode Island at 12.8 percent and California and Oregon at 12.2 percent each. The jobless rates in California, Nevada and Rhode Island were the highest on records dating to 1976. California and Nevada have been slammed by the housing bust, while Rhode Island has lost thousands of manufacturing and government jobs in the past year.

Who cares: Georgia and Ohio reported the third and fourth-highest job losses, respectively, but their unemployment rates both fell as many of the unemployed dropped out of the work force. Once unemployed people stop looking for work — some, for example, may return to school — they are no longer included in the jobless rate. The four states with the largest drops in their unemployment rates — Indiana, Colorado, Kansas and Virginia — experienced similar trends: thousands of jobless workers gave up on their searches and left the work force. None of those states actually added any jobs, according to a survey of employers.

We all know it’s just a matter of time and bad reporting that says people are out of work and that that jobless rate is climbing and people are falling out of being counted. I don’t know about you, but it’s just a sign that we need to celebrate more when we hear people saying that you can’t have a jobless recovery. Of course you can have a jobless recover. So what if people are being foreclosed on in record numbers? So what if credit card companies are raising their rates on good paying customers? So what if no mortgages are being renegotiated? So what if companies that received TARP funds are eliminating jobs and customer accounts? They are reporting record profits, and that we all know, is a good thing.

We know that people are blowing this whole jobless thing out of proportion. They are just trying to rain on wall street’s parade. Because, we all know, wall street is the chief and only indicator of the American economy. We all know that Ben Bernanke would never give out under the table loans and not tell congress, which supposedly oversees him. And, why should he tell congress anyway. If he did that, he’d have to bend to political pressure to divulge which firms are in deep doo doo. Pardon my French.

No, they said the recession is over. They said this is definitely not a depression. Under no circumstances is this a depression. I mean, you can’t get out of a recession, only to fall into a depression right? Pay no attention to the rise of gold. That’s just those nut-case conspiracy theory wackos that think the dollar is going to plunge. I mean really. Haven’t you seen MSNBC and CNBC saying the recession is over? Haven’t you heard good old Ben Bernanke say it’s over?

Honestly, people need to wake up and smell the coffee. This recession is over and anything else anyone has to say about it plunging into a depression couldn’t be further from the truth. So what if people lost their jobs. This is survival of the fitest. We live in a free market economy, where the middle and lower class can win or fail on their own. We are not going to bailout the middle and lower class. That would just be … socialism or communism. And, we wouldn’t want that would we?

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Peter Schiff Announces Candidacy for Senate Seat of Connecticut

Peter Schiff for U.S. Senate in Connecticut

If you don’t know who Peter Schiff is then you don’t watch any financial news or log onto YouTube. Peter Schiff is the CEO of Euro Pacific Capital, an investment firm. He has been the lone voice with Congressman Ron Paul, that warned against the impending financial crisis dating back all the way to 2004. If you log onto YouTube you can see video after video of news anchors and financial guests on the likes of MSNBC laughing at him and calling him wrong on the issue of the impending crisis. All the while those programs were putting forth the propaganda that the “fundamentals of the economy were sound”.

He not only was proselytizing about the impending crash, but he also wrote two books about it:

“The Little Book of Bull Moves in Bear Markets“

Reviews:

“Gold, commodities, foreign companies with little exposure to the USA. That is the gist of Peter Schiff’s investing recommendations. Why? He’s not unpatriotic, but rational in his thinking that the US has lost its way through outsourcing production of goods, and overwhelmingly becoming a country of service oriented personnel. We make nothing, we buy most, and are up to our ears in debt, which will take its toll now and in the future on the dollar. There are several well known “Doctor Dooms” around. Rubini, Jim Rogers, Jim Sinclair, and Peter Schiff. I never thought that I would ever be a bear on the US stock market, until I started reading not only Peter Schiffs books and the others, but books on derivatives and other financial inventions, that could bring markets down entirely, and for a while. Impossible you say? If you think so, you need to read this. The Dow was down again today nearly 700 points. Maria Bartiromo is starting to call this a market crash. I stayed up the whole night reading this book. The writing flows and points are great, except when he recommends that you buy a gun, and learn how to use it- maybe he’s correct there too. He’s half tongue-in-cheek. He makes one recommendation that he says will make the dot.com bubble look like “warming up”, during the next decade. Curious? Ans: gold producer stocks. Great book. – Amazon

“Crash Proof How to Profit from the Coming Economic Collapse“

Reviews:

“Peter Schiff, son of American patriot Irwin Schiff, has written a very useful book that can not only assist you to take the concrete steps necessary for financial survival, but also change your individual psychology toward the storm on the horizon that is rapidly gathering strength. Today, we have the illusion of prosperity, and the sooner we break through that delusional state, the sooner we can prepare for darker days.

At this point, there are so many possible triggers for the Second Great Depression, it’s striking that it has not already begun. The sub-prime meltdown may just be such a trigger that brings down the house of cards, once it becomes more clear which entities actually hold all the risk created as part of the Housing Bubble. Wall Street, sub-prime lenders, and the large banks have been ingenious in their ability to push risk onto other parties, but it’s not clear if the counter-parties will have the ability to weather the defaults. Thus, the risk may yet reside with the banks, which normally would have been more restricted in the number of loans they could create by more traditional standards. So much debt has been created, and so much risk obfuscated, that it is hard to imagine our present illusion of prosperity can be maintained much longer.

Mr. Schiff breaks through our modern mythology by shattering these illusions, and here is where he shines best. A bear’s bear, Mr. Schiff steps down from the towers of the economic elite to provide analogies that can be readily digested by more casual readers. The analogy of the Asians and the American trapped on an island together is apropos, as it reveals much about the true state of international trade. The Dollar Bubble heavily distorts trade in favor of America, which benefits disproportionately from the inflated value of the dollar.

Mr. Schiff also understands very well the entitlement crisis brewing, and aptly names Social Security a Ponzi Scheme. Most people in Generations X and Y understand that we’re the bag holders scheduled for the Ponzi Scheme, but many Baby Boomers love to be delusional about this tragic farce, thinking it’s a form of savings rather than our government writing worthless IOUs to itself and lying to the American people. They think Gen X “owes” it to them! Ha Ha! The sooner we can end social security, the sooner we can start saving real money with real assets. Until then, we are slaves waiting for generational emancipation.” – Amazon

The Senate Race

His Chief opponent in this senate race will be Chris Dodd. Senator Dodd, as Peter puts it, is the poster child for this economic crash. He has been pushing for more entitlements, more bailouts, more printing of money. Senator Dodd is soundly in the pocket of big banking and wall street. Understand that Peter Schiff doesn’t invest in wall street. 90% of his investments are in foreign investments and not in the dollar at all. Except for 2008, when the entire western world crashed, Peter Schiff made his clients money. That means, at least a decade or more of profitable quarters and years.

Like Congressman Ron Paul, Peter Schiff doesn’t buy into the Keynesian economic outlook, of spend spend spend your way out of debt. He is soundly in the Austrian School of Economics, where we take the bitter pill; save our money; allow the private sector to flourish or fail on their own; and let government simply oversea that people’s rights are not stepped on by private entities.

Like Congressman Ron Paul, Peter Schiff recognizes that the federal reserve bank is the main source of all of these bubbles since 1921. He recognizes that we need to abolish the federal reserve, which has never ever held to its mandate to stop inflation and stabilize the economy. He recognizes that the federal reserve serves only the interest of its private banking consortium and loans money to its sister banks when they get into trouble. He recognizes that due to the federal reserve, the u.s. government is $10 trillion in debt to the federal reserve and that it cannot hope to pay it off. In fact, all income taxes collected today only goes to pay off the interest on the debt owed the federal reserve. The means, none of the social security, welfare, medicare, medicaid programs have any funding for them. The government has to turn around and borrow more money from the federal reserve to pay for these programs and our wars. Under Bush, the U.S. government was borrowing $1 billion a day to fund the war and all the social programs. Under Bush the national debt doubled to $10 trillion in only 8 years.

Peter Schiff has already raised over one million dollars in campaign money from private donations. This means he is a very viable competitor to Senator Dodd. He is running under the Republican party. He hopes to be a beacon to republicans of things to come and assist the libertarian party in finally coming to power.

No longer can we suffer through Ben Bernanke’s devaluing the dollar on a daily basis. Just look at what gold has done lately. People are abandoning ship. Peter Schiff brings hope where run away inflation is on the horizon and unemployment is at 20%.

Please visit my legal website: Las Vegas DUI Attorney
See me on YouTube: Shakaama Live

Obama Health Care to Cover Illegal Aliens

Joe Wilson Yells You Lie: Obama Lies

Representative Joe Wilson (R) South Carolina yelled out “You Lie” to President Obama as he was giving a joint session of congress address. President Obama was asserting that the health care plan that he is proposing would “not” cover illegal aliens, contrary to popular belief. It was at this point that Rep. Joe Wilson yelled out “You Lie”.

HR3200 the Obama Health Care Plan and Illegal Aliens

Let’s look into the bill and what it actually does say about illegal aliens and receiving benefits from the ObamaCare plan. The simple fact is President Obama was in fact lying. The method by which illegal immigrants will come to be covered under ObamaCare is through the bill’s (HR3200) failure to contain any

• citizenship verification requirement or
• enforcement mechanism mandated to verify one’s eligibility.

Other federal programs routinely carry language requiring proof of citizenship before allowing access to benefits.

Congressional democrats defeated two bills which actually enunciated a requirement to show proof of citizenship and an enforcement mechanism to verify one’s eligibility. The only proof required for the ObamaCare plan pertains to family income. The democrats then crafted the current HR3200 to cover illegal aliens as well as citizens. The tremendous downside is that citizens would pay into this an illegal aliens would not, nor would their be required to pay into it.

Please visit my legal website: Las Vegas DUI Attorney
See me on YouTube: Shakaama Live

U.S. Jobs vs Chinese Dumping of Imports: Obama Sides with U.S. [finally]

United Steel Workers Petition the White House for Tariffs

Officials with the united steel workers union filed grievance with the white house urging President Obama to enact tariff barriers against Chinese made tires

• cap imports at their 2005 levels @21 million units
• it calls for 1/2 of the 2008 import levels @ 46 million units valued @ $1.7 billion
• quota would cap after 3 years
• quota would have a 5% per annum increase in imports

Union believe the upsurge in Chinese products is directly responsible for the slow down at American factories. i.e. Goodyear tire and rubber co. United Steel Workers represents 15,000 workers and 13 plants nationwide.

This is actually backed up by congressional findings:

American manufacturing is struggling with the negative effects of unfair trade practices. Some 40,000 factories have closed just in the last decade. We’ve lost more than four million manufacturing jobs in this millennium. The Economic Policy Institute found that 2.3 million of these jobs are linked to the increased trade deficit with the People’s Republic of China.

The Case Against China

For China to make its products cheap, they employ:

• their government subsidizes all of its export industry so that the prices are ridiculously cheap. they dictate prices for all exports and simply cut them a check for the loss each year.
• currency manipulation to keep the yuan drastically artificially low [ China has a 10% growth rate over the past 15 years] [ compare the U.S. which grows at 2.5% ]
• import quotas imposed on good originating in the U.S. [ yes that means China does not allow more than a specified number on any imports coming from the U.S. ]
• no U.S. company may manufacture items in China without a local company owning 51% of the company [ especially car manufacturers ]
• imposes suppressed wage laws to keep both the wages drastically low, and therefore the cost of living very low

The U.S. employs no protectionist measures against china. Under president Bush any restriction suggestions were summarily ignored. Obama’s track record so far is not in favor of a Union backed tariff. He removed his bid to revamp NAFTA. He joined he G-20 summit in moving to avoid any protectionism actions.

Here is a bit of the hearing held by the U.S. International Trade Commission

Our first congressional witness is the Honorable Arlen Specter, United States Senator, Pennsylvania.

I have been before this Commission on many occasions during my tenure in the United States
Senate, but never at a time when jobs in the United States have been under such a heavy threat and so many jobs have been lost. We now are looking at a decline in the past two years of more than four million jobs.

And there are many factors at work significantly beyond the control of anyone, but in the
proceeding today we are dealing with some 15,000 jobs of the United Steelworkers on the production of tires, and we are revisiting issues which have confronted the United States in our relationship with China which are very complicated.

When the application was made by China for admission to the WTO, the World Trade Organization, a very complex matter, and I was one of 15 United States Senators who opposed the entry of China because of my concern about fair dealing which we were confronted with, with a long history of currency manipulation, a long history of subsidizing goods, a long history of dumping goods and a long history of not playing by the rules of international law illustrated by the grave difficulties we’re having now on the global warming issues.

So there was a provision inserted, as you distinguished Commissioners well know, which provided that products of reference to China being imported into the United States in such increased quantities or under such conditions to cause or threaten to cause market disruption to the domestic producers of like or directly competitive products would be restrained by
action of the International Trade Commission.

This language sets the standards. It’s in the disjunctive, one of two factors: Increased quantity or — either/or — under such conditions to cause or threaten to cause market disruption. It doesn’t have to actually cause the market disruption. It can threaten the market disruption.

I would submit to this distinguished Commission that the fact is that there has been very serious market disruption as demonstrated by the facts, and these are the facts:

• Imports of consumer tires from China have surged 215 percent from 2004 to 2008. China is the largest single exporter of consumer tires to the United States market.
• Second, Chinese consumer tires are priced well below imports from other countries. The average cost of Chinese tires is less than $40; others over $55.

Consumer production has declined in the United States by approximately 25 percent over the
surge period, and since 2004 more than 4,400 domestic workers have lost their jobs due to tire plant closures, and there is a projection by the end of 2009 that more than 2,400 jobs will be lost.

The relief sought by this petition is I think modest under the circumstances. The import
quota ought to be set at 21 million consumer tires per year, which is the 2005 level with an adjustment of five percent in each of the succeeding years.

The Commission has acted in a very responsive way to the prior applications which have been filed, and on four occasions the Commission has granted relief under this section on a variety of circumstances.

On all four of those occasions President George W. Bush saw it differently, but I believe that
now if the Commission acts and grants this petition that there will be a different response, and there will be a different response from the President of the United States largely because we have such a disastrous economic situation and the job losses are so chilling. Also we have a President who has a somewhat different philosophical approach to these issues.

Leo Gerard, the president of the United Steelworkers, is here today very concerned about
15,000 jobs which are left and the prospects of losing 2,400 more jobs on top of the 4,400 which have been lost, so it is a different era, distinguished Commissioners, where the United Steelworkers come to you as sort of a last refuge.

As you can see the Senator was completely logical with his reasoning not to allow China in the WTO. It came at the expense of our own country’s economy.

The Union Wins

Late Friday, Sept 12th, 2009, the White House placed a three-year additional tariff on China-made tires, starting at 35%, and then scaling down to 30% the second year and 25% in the third. The duties are on top of the already standard 4% tariff but do not compound.

The new duties kick in on Sept. 26, according to the president’s order.

“The president decided to remedy the clear disruption to the U.S. tire industry based on the facts and the law in this case,” said White House spokesman Robert Gibbs.

The decision was lighter than the International Trade Commission’s recommended 55%/45%/35% scheme, but high enough to please the United Steelworkers, which brought the anti-dumping complaint back in April.

“For far too long, workers across this country have been victimized by bad trade policies and government inaction. Today, President Obama made clear that he will enforce America’s trade laws and stand with American workers,” USW President Leo Gerard said.

“The President sent the message that we expect others to live by the rules, just as we do.”

As a side note, the trade unions heavily donated and supported President Obama’s campaign for the seat. Except for Goldman Sachs, no heavy industry donated to his campaign. If you recall the UAW got the lion share of the sweet heart deal with the G.M. bankruptcy. We feel that was a clear sign of payback for their support of President Obama.

Please visit my legal website: Las Vegas DUI Attorney
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Brother to Brother: How to Handle Racism on a National Level

Don’t Get Mad Get a Lawyer

[ This message is intended for a Black audience only. ] Today I was so moved to discuss how to handle racism on a national level. I think for too long Black people have been looking and listening to hippies with their touchy feely policies of how to handle racism in America. At no point has anyone with some balls ever stood up and said the policies haven’t worked in over 100 years and will not work.

Let me ask you. Why are Asians not made fun of? Why are Asians for the most part left alone? Why is there a China town in every major city? Because, they could care less what other people say, they don’t want no part of white people and they love their Asian brothers and sisters. They have the attitude of “if I don’t help my brother, he’s not going to get help”. For the most part, Asians keep to themselves and live separately.

We have been constantly told, by white people that it’s not good for Black people to separate themselves. This lie is so widespread that even the Black leaders during the civil rights movement started to repeat it. Let me ask you something. Do you remember the potato famine in Ireland and the millions of poor Irish people that came over here? They were treated, in those days, like the Black people of the white race. Everyone hated them, no one hired them, and if they did it was scrubbing toilets out by hand. Those poor Irish trash, setup shop in their own separate neighborhoods and kept to themselves. Italians, same thing. Jews, same thing. Mormons, same thing. Ok so if white people are segregating themselves and 10 years later coming out rich, why are we separating from out Black brothers and sisters and being just as broke as a church mouse.

So I present to you, how to play the game. Racism is about divide and conquer. That’s all it is. That’s all the lynching of thousands of Black people was about, that’s all the civil rights movement, which is a flop, is about: divide and conquer.

So Michael Richards, the actor that played Kramer in the hit t.v. show Seinfeld, was in the news a couple of years ago. He was doing a comedy show and he got upset and started saying nigger nigger nigger to a group of Black audience members. He received flack for it. He was told to apologize. So on the David Letterman show, he sent in a tape of him apologizing to a chimpanzee [ a monkey ]. At this point, you know he doesn’t care. He received flack for that and then he made a video of him acting a fool and apologizing.

How to Win Against Racists

So often, when public figures are caught being racist, people rush to beg them to apologize. Apologize? Why? These people are grown. And, I’m pretty sure their mind is already made up about how they view life. Don’t come groveling to anyone to beg them to apologize. This isn’t the playground at recess. Al Sharpton and Jessie Jackson are quick to come on the scene and demand an apology. Do you understand how pathetic and pitiful that is? Do you understand how ignorant Black people are made to appear for asking for an apology?

Let me put it into what is really going on. The person tells you they don’t like you. The person tells you they don’t think you’re human. The person tells you they think you are substandard. The person tells you that you are unfit to live. Then some idiot Black leader comes and say apologize? Are you friggin kidding me? That is way down on a juvenile level that it is comedy.

OK, how do adults handle that? Let me hip you to how the game is played. So Kramer calls you a nigger 50 times, on stage, on national t.v. The adult doesn’t turn around and call him a cracker or a honkey. This is what an adult does. This is how the game is played.

1. If he is on a t.v. show, you write down every single commercial that comes on during the show. You then write the advertisers and inform them that you will not only, not watch the show, but you will not buy any products of advertisers who are supporting the show. You get everyone in your family to do the same. You get everyone of your friends to do the same, and their friends and their friend’s friends.
2. If he is on a t.v. show, you write the stations showing it, you write the broadcasters who broadcast it and say the same thing. And, get your family and friends and friend’s friends to do that same.
3. If it’s a movie you write the producers or call them and say the same thing. And, get your family and friends to do the same.
4. Don’t stop now. If it’s a t.v. show call the F.C.C. and do the same thing.

If someone is racist and they are in a position of authority or famous or a politicians, that’s how you play the game. You don’t get mad, you destroy them. Don’t get angry and get a gun, get a lawyer. People don’t see Black people as equal. And, they will continue to think that, if we continue to behave like children. I pull no punches. Don’t threaten to shoot someone, threaten to sue someone. That’s how a man handles it. That’s how an adult handles it. It is time out for that back of the bleachers after school high school stuff. This is the real world. You better get with or you’ll get stomped and left behind.

Stop listening to pussies talk about: “awww Black people shouldn’t be separate”. The hell we shouldn’t. Divide and conquer is for chumps that don’ t know any better. Name calling is for kids. A law suit isn’t a right, it’s how you play the game. And I’m in it to win it. That’s how we will get ahead. If someone thinks we are 2nd class citizens, if someone thinks we are monkeys, if someone thinks we are dirty, lazy and dangerous animals, we need to destroy them. Don’t beat them up, destroy them. Again, don’t move out of the hood. You simply stay there and encourage each other to open up your own shops in the hood. That’s one of the biggest problems facing Black businesses and lack of Black support of Black businesses, they aren’t located in Black neighborhoods. We can’t live in fear of our own people. Get rid of the bad element and keep building the hood. Just build it, build it, build it! And, if we all lived together, the dollars would flow amongst ourselves and stay within our community. THAT is how the Jews, the Irish, the Italians all became wealthy. They stuck together, they kept their dollars inside the community and kept building up the community.

Finally, we have to learn the game. Don’t go begging another man for your freedom. Even Benjamin Franklin said the same thing. If we destroy racist after racist after racist [ and i’m just talking about this particular issue ] we are demanding our respect, not begging for it on our hands and knees. Remember the superman show and super heroes in general? They don’t ask for respect, they exibit their power and THAT’S what people are drawn to. I present that example, not to be childish, but to show you an extreme example of what a grown adult should do. Think about any person you honestly just plain admire. I guarantee they never ever asked for respect. We shouldn’t ask for ours either. Flex our might, flex our strength, show our solidarity and build our community.

Please visit my legal website: Las Vegas DUI Attorney
See me on YouTube: Shakaama Live

Las Vegas The Drinks Are On Us

About My DUI Website

In this day and age where life is quite tragic for so many in America, I’d like to think I bring hope in a hopeless situation. Quite a few of us fall through the cracks. We cannot let so many fall by the wayside. If left to fate our downtrodden would also bring us down. I’d like to think I reach out a helpful hand where none was sought.

I’d Like to say my site is sexy. I’d like to say my site is the cat’s meow. [how old is that phrase] I’d like to say my site brings all the boys to the yard. But if you mention DUI, I admit, it’s a party pooper. However, it is centered in Sunny Las Vegas, where the men are men and the chicks are topless, well at least in the shows. Some shows even have the men and women totally nude, but it’s behind a sort of see through bed sheet, so it’s considered “art.”

Well what does this exciting discussion of topless women and shows have to do with DUI. Simply this, I bring a fresh new take on a very touchy subject. I present the lighter side of DUI arrests, like articles about the “silver man”, where a man arrested on halloween was found to be completely covered in silver paint, including hair, wearing nothing but shorts, video clip included. Unfortunately, he actually was drunk. However, I humanize a topic most would shun and quite a few would demonize.

What might that mean you ask? Simply that not every boy dressed in blue is there to “serve and protect”. It is the reality that police departs have political issues to contend with, and arresting poor saps on horrible charges like DUI pads their coffers. I’m not saying every “sap” on the road is innocent, just that a cop sitting outside a club isn’t the Mother Theresa we’d like to think he is.

Daily I give, “non-legal”, advice on such sites as Yahoo Answers to would be victims. Some of the articles I come across are tragic: i.e. football starter looses all scholarships and eligibility from being CHARGED for DUI. Don’t get me wrong. I’m all for pulling drunks off the road that would kill themselves or others, but ruining someone’s life due to shoddy police work and a zeal to get traffic ticket money I think is just as egregious if not more so. Public officials have a duty to uphold the law, just as much as they have a duty not to abuse it themselves.

I give MADD their due. I have even been the voice of reason when they point their rage at some kid that was stopped after 2 beers on the side of the road and is facing untold horrors from the ramifications at school, home and job. I feel their loss due to losing a loved one to drunk drivers, but not everyone on the road is a reckless sloppy drunk, a tragedy waiting to happen. We can no more throw away some kid’s future because of your pain than we can throw the key away on the 13 year old homeless kid begging for change on the street.

Let me end my pontification here. If you’re ever in Las Vegas and want information about DUI, visit my site for enlightenment: http://lasvegasnevadadui.com

Please Visit My Website: Las Vegas DUI Lawyer

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Gold Manipulated too Long: Gold Breaks $1000

Gold Breaks $1000 an oz

It has been my contention since last year gold has been manipulated and repressed. I reported that Germany sold tons of gold on the market, in my opinion, in an effort to repress the price of gold. I also reported that China has been buying gold, as if it were mana from heaven. How can these two things occur and gold’s price be suppressed? It’s obvious. It was being manipulated all this time. For all experts, who aren’t Keynesian economists, say that gold should be topping $2,000 / oz right now, in U.S. dollars. Now we have:

(Reuters) — Spot gold and U.S. futures topped $1,000 an ounce for the first time in six months on Tuesday as the dollar’s weakness and concerns about the sustainability of the global economic recovery underpinned sentiment.

Some market players were cautious about prices sustaining such highs, however, saying the rally had been driven by speculators and gold was an expensive buy in historical terms.

Futures have topped $1,000 nine times — three times this year and six last year, including a record $1,033.90. Spot gold has risen above $1,000 just five times — on Tuesday, in February and three times in March 2008, when it hit a record $1,030.80.

“Gold’s rising price is due to uncertainty all the way from personal investors right through to institutions,” said Sandra Close, an analyst for gold research group Surbiton Associates.

“There are questions out there over the health of economies, where interest rates are going. All that encourages gold hoarding. There’s potential to see the price go even higher.”.

Spot gold rose as high as $1,002.55, its highest since February, when it briefly topped $1,000. New York’s notional close was $993.85.

U.S. gold futures for December delivery extended gains to $1,004.80. Futures settled at $996.70 on Friday. U.S. markets were closed on Monday for the Labor Day holiday.
Are high levels sustainable?

Despite gold hitting $1,000, it is far from an inflation-adjusted record, which analysts at GFMS have put as high as $2,079 per ounce.

Some analysts have said the higher gold price reflects uncertainty across markets about how central banks will untangle themselves from global fiscal stimulus aimed at reviving economic growth, as well as dollar weakness.

The Group of 20 finance ministers and central bankers said at the weekend they would not remove economic stimulus until the global recovery was well entrenched.

Others said buying momentum could wane to push prices back towards $950 before consolidating, given weak physical demand and a tendency by big Asian consumers to sell when prices rise.

“I don’t know if it will stay there for a particularly long [period]. My view is that by the end of the year the gold price will be lower, probably down to around $950 an ounce,” said David Moore, a commodities strategist at Commonwealth Bank of Australia.

A confluence of dollar weakness — making the metal more attractive to non-U.S. investors — and doubt about the sustainability of global economic recovery have prompted a spate of investors to seek refuge in gold.

The dollar held around ¥93, although it was slightly lower on a basket of currencies in early trade. The dollar index is resting on trendline support at 78.00 and a sustained break lower would be quite bearish technically.

Along with currencies, analysts were watching stock markets to gauge gold’s direction. A sell-off in equities on concerns about the economy could boost gold’s safe-haven appeal.

“The gold market has legged up into a new range, but we need to see it sustain at $1,000 for a few days to write a new long-term story,” said Mark Pervan, a senior commodities analyst at ANZ Bank.

“Gold bulls are easily spooked around these numbers and need to see them sustained to bolster confidence. Gold is rallying on fears of an equity retreat. The risk is that stocks will fall and people are hedging that by buying gold,” he said.

Asian stocks were up marginally on Tuesday.

Traders said volume was not large and as futures slipped soon after hitting the key level, and with spot struggling to extend gains towards $1,000, prices might languish during Asian trade.

“I think these high levels could trigger selling … and it might be difficult for gold to sustain the $1,000 level,” said Shuji Sugata, a manager at Mitsubishi Corp Futures & Securities in Tokyo.

Investment flows took a break, with the world’s largest gold-backed exchange-traded fund, the SPDR Gold Trust, saying holdings stood at 1,077.63 tonnes as of Sept. 7, unchanged from Friday.

The dollar steadied after falling the previous day as the weekend meeting of G20 finance chiefs boosted investor appetite for growth-related “riskier” assets like commodities and stocks.

In other metals, silver hit a 13-month high of $16.51.

Glenn Beck: Selling Fear to Old White People

Glenn Beck the Quack

In the history of radical talk show hosts, none is more popular and crazy than Glenn Beck. He has the racism of Bill Oreilly, the charisma of Obama, the complete lack of research like Hannity and the insanity of Anne Coulter, the whore of Babylon. However, he’s polished and he sells his racism and fear to white people on a blinding polished silver platter. Where Oreilly is uncouth, and speaks English about as refined as George Bush, Glenn Beck is a Mormon with a pedigree. For those not privvy to Mormons, they are the ones that said Black people are the descendents of Kane, from the Holy Bible, and are cursed with the “mark” of Black skin and therefore unfit to be in their church. Oh they repealed the stance, due to political pressures, but it’s still in their book of mormon. Glenn Beck is a master tactician. Although, a few have seen him for who he is

In this day and age of pitting the left against the right there are those of us who stand aside and take a look and clearly see that:

• there is no difference between democrats and republican POLITICIANS
• the two party system is geared for one thing and that is to grow big government
• both parties spend millions of your donated dollars simply to divide and conquer all of us, giving us the false assumption that we have won or lost, depending on our “side” winning
• the two party system is laughing all the way to the bank, while funneling your tax dollars to their friends
• the two party system is well taken care of, after politics by getting out of government and landing in cushy multi-million dollar jobs

Along came a spider called Glenn Beck. When he was headline news everyone knew he was bat crazy. He was an obvious shill for the neocons and raving, foaming at the mouth, a mad hatter. Then he moved to Fox. Apparently the boys at Fox took him, polished him, put lipstick on him, gave him a $30 million a year salary and slid him into psy-ops covert status, wrapping himself in Libertarian sheep’s clothing. I fell for it, for a long time. In fact, I even posted about some of this “movements”. However I wasn’t privvy to him calling Ron Paul supporters domestic terrorists and directly making the association. CNN even responded to it and corrected it by saying that nowhere was there a connection [thank you CNN] I present a mashup showing sound evidence that he is definately not a libertarian.

For those who were confused, like myself, Glenn Beck is not a libertarian. He simply a neocon and tries to wrap himself in the flag of libertarianism, all while calling Ron Paul supporters fascists.

Fox cable channel is not news. They have no reporters on their shows. In fact in an appellate court decision, where Fox challenged a story one of its own investigative reporters did and reported the opposite findings on the air, the judges decided that the news “in general” has no obligation to report real facts, nor present real facts to the public. Fox news can lie.

Glenn Beck is selling fear just like Bill Oreilly. Let’s take this clip where he suggest that Lou Rockwell is in bed with Islamo Fascists. It is unconscionable that Glenn Beck even suggests it.

Why is this clown on t.v.? And, I did mention he makes $30 million a year? Clearly Fox doesn’t care to report anything of substance. The viewers are all characterized as being of below average intelligence, reactionary and of no moral fiber. I must admit to stomach watching the channel, one must have one foot firmly planted in hell. The astonishing thing about Glenn Beck though, is that he gets a complete pass by Fox bashers. Truly, his whole smoke and mirrors works much better than Oreillys.

Please visit my legal website: Las Vegas Nevada DUI Attorney
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Housing Recover False

Are the Housing Numbers True?

One of the key indices that have been looked at as an indication of whether the housing market is turning around is the S&P/Case-Shiller index. But one look at the methodology shows that it is in fact not an all inclusive index of the entire housing market. Why is this a factor? Because so many media outlets are drawing the conclusion that all housing markets are showing improvements based on this index.

Taken directly from the source about the methodology of the index:

The S&P/Case-Shiller indices do not sample sale prices associated with new
construction, condominiums, co-ops/apartments, multi-family dwellings, or other
properties that cannot be identified as single-family.

The factors that determine the demand, supply, and value of housing are not the same across different property types. Consequently, the price dynamics of different property types within the same market often vary, especially during periods of increased market volatility. In addition, the relative sales volumes of different property types fluctuate, so indices that are segmented by property type will more accurately track housing values.

Key among this the notion that the index knows the actual price of the houses it covers and has access to all of the data. The index however does not have access to housing that is removed from the market and not offered for sale by banks. Currently there is over $1 trillion in housing inventory that is being kept from the market, to prop up housing prices. The index readily tells you that it does not count this in its index.

To calculate the indices, data are collected on transactions of all residential properties
during the months in question. The main variable used for index calculation is the price change between two arms-length sales of the same single-family home. Home price data are gathered after that information becomes publicly available at local recording offices across the country. Available data usually consist of the address for a particular property, the sale date, the sale price, the type of property, and in some cases, the name of the seller, the name of the purchaser, and the mortgage amount.

For each home sale transaction, a search is conducted to find information regarding any previous sale for the same home. If an earlier transaction is found, the two transactions are paired and are considered a “repeat sale.” Sales pairs are designed to yield the price change for the same house, while holding the quality and size of each house constant. All available arms-length transactions for single-family homes are candidates for sale pairs. When they can be identified, transactions with prices that do not reflect market value are excluded from sale pairs. This includes: 1) non-arms-length transactions (e.g., property transfers between family members); 2) transactions where the property type designation is changed (e.g., properties originally recorded as single-family homes are subsequently recorded as condominiums); and 3) suspected data errors where the order of magnitude in values appears unrealistic.

What is really bad reporting on the part of the national media is that-

if you adjust the numbers seasonally, there was no increase.

So this is clearly a case of false reporting to begin with.

There is another metric: New Home Sales. They reported it at a 11% increase month over month. But, that is a seasonal number. However, the actual raw data shows you that, that is the second lowest number in the history of the index. It is just another case of bad reporting.

What is not being reported on is that credit is tighter today than it was during the credit boom i.e. housing boom. However, the truth is that the credit situation is completely in line with traditional credit transactions for housing, historically speaking. That is to say, a down payment of 20% is now expected. 20% is the traditional down payment and was so for nearly a century until the down fall of the Dot Com. After the Dot Com bust, interest rates were dropped and down payments were reduced to accept and accommodate a much larger market under the fair housing act. This 20% down payment has the effect of removing quite a few people out of the housing market altogether. It is like the U7 index of unemployment that is not reported on.

The truth of the matter is that the paradigm that your house is used as an investment has come back to reality. No longer can people turn around their house in a year and realize a 10% appreciation. Which is appropriate. The problem was that credit was so readily available that it created a bubble and housing prices were inflated and inflated and inflated. Many experts warned that housing prices were not based on any real factors. Current pricing is returning back to their 80’s highs. Experts warn though that the real value of the housing should be around the 80’s lows. And, that we need to return to the very real understanding that housing is not and never was an investment.

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MADD Mad About Female DUI Arrests on the Rise

MADD Speechless Over Female DUI Arrests

Recently a trend was noticed, recorded, and reported on in the national media: Drunken driving arrests on the rise — for women.

Oh no Martha, say it ain’t so!!!

DUI arrests have rising by 28% from 1998 to 2007. This is according to the Transportation Department reports. For men DUI arrests have actually fallen off by 7.5% during that time. The numbers, however, for male arrests for DUI are simply staggering. In 2007 there were over 620 thousand DUI arrests for men, for women the figure is a mere 162 thousand.

Here’s where it gets sticky. They sought a statement from MADD, mothers against drunk driving, an all female organization that lobbys to reinstate prohibition lawas against alcohol. MADD was very caught off guard by the reports, and very angry that the national news media outlets reported it. [ I assume the national media has to run everything by MADD these days? ]

When asked what did they make of the findings, they had this to say:

Laura Dean-Mooney, president of Mothers Against Drunk Driving, told the Associated Press she could not explain the jump in arrests of women. “There’s no hard data on that,” Dean-Mooney told AP. “What you’re hearing more is that women are under more pressure, they’re now perhaps the breadwinner because of the unemployment rate.”

Riiiiiight! Last time I checked, 1998 wasn’t back in the stone ages. We’re talking about the last 10 years. There has been no tremendous change in female occupation stature in the last 10 years.

It is amazing that feminists will stoop to victimization tactics to explain away, criminal activity? Well, to you working bread winner moms out there, here’s to you. MADD, might get their way and stop your choice to have any alcohol one day, but for now, this bud’s for you.

Aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaah!

P.S.
Seriously, don’t drink and drive… well at least not over the limit.

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Drinking Philosophy: A Study in America

Americas Puritanical Deprivation and Abstinence

I’d like to discuss in this post the habits of people in America who drink versus the European attitude.

First the American sensibilities were founded based on the puritanical philosophy, i.e. one must deprive oneself of all carnal lusts and temptations. This is further echoed in the protestant religions of the Bible Belt. And, it was canonized into the legal realm with the Blue Laws: no alcohol before a decent hour nor after a decent hour of the day; no alcohol on Sunday… etc. Also, the views of abstinence and puritanical eyes also falls into the same category: the naked body is an evil above all other evils to behold. All of this falls dangerously short in the area of violence. One can commit nigh heinous acts of violence for entertainment, but no drinking or smoking and definitely show no flesh.

All these prohibitions have led to one mindset: when i get a chance to drink, I will indulge myself to the fullest. In fact this philosophy is now accepted as the cool attitude towards drinking.

European Sensibilities Towards Drinking Alcohol

Let’s quickly juxtapose this versus the European attitude toward drinking. It’s actually a very archaic take on drink. During the bible age, i.e. the turn of the Julian calendar, one drank wine as much as one drank water. Of course, wine wasn’t distilled to such a degree that four glasses would render you senseless and a buffoon, but it was as much a part of the meal as bread, and they ate a lot of bread. Consider one wheat stalk to make 12 loafs of unleavened bread [i made that up, I’ve never personally seen a wheat stalk], but you get the idea.

Now the modern European shares the same attitude as those ancient people. He eats his meal and drinks wine with it. Also if he wants to enjoy a liqueur he’ll retire after the meal and have a nice discussion and a glass, not 5-10 and definitely not enough to render him stumbling. He knows he has to get on with his life, and can’t be hampered by nursing a hangover. In fact it is looked down upon if one is drunk or can’t handle the liquor. The attitude is, one shouldn’t partake if one is going to be rendered drunk. This self same attitude of do not deprive oneself, is also seen in their view of nudity in public. One should be free to experience the world and be nude. There isn’t then a rash of drunkards, nor and outbreak of rapists. In fact the Europeans are quite normal in their every day life.

Wish this familiarity with alcohol, from an early age, and exposure to nudity the European attitude is very nonchalant toward drinking. Compare that to Americans and we’re seen as ravening beasts when we get our hands on alcohol. Also pubs, bars, lounges and such are hang outs for far more people overseas, so the club owner or bar owner doesn’t have to greedily get everyone drunk in the place to make a profit. Imagine if 10 times more people come into your bar, there would be no need to encourage them to drink. You’d have your hands full serving alcohol anyway.

I don’t have the statistics but when i lived in Europe I wasn’t struck as it being serious nor heard of drunk driving as an issue at all. Iin fact, I don’t believe I knew a homeless person or a drunkard.

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No Last Call

Drinking and Driving

Today I’d like to discuss drinking and driving. I feel it’s especially appropriate for this holiday season. Specifically I’d like to discuss the city of Las Vegas.

Like New York, the city that never sleeps, Las Vegas has no “last call”. Merry makers, party goers, boozers, bums and alcoholics alike can all indulge to their heart’s content, and at all hours of the day. I do not have the statistics but Las Vegas boasts some of the highest rates of DUI in the nation. It is an incessant problem. These people crawl behind the wheel of a car and take their own and others’ lives into their hands without a thought. They tell themselves they can handle it. They tell themselves they will never be caught. I have one acquaintance who says they drive “better” with a few drinks in his system.

Mayhaps they are not aware of the areas of the brain intoxicants can affect:

• depth perception
• reaction speed
• near sightedness
• far sightedness
• vision in general
• motor skills
• inner ear
• equilibrium

Just to name a few. The list is of course not comprehensive nor exhaustive. What’s most bazaar is that Las Vegas has gamblers anonymous group and the casinos voluntarily assign a concierge or liaison to identify players with a problem, which is probably in their best interest, better to keep the fool working and playing than have him go broke today and not be able to return. But there is no prevalent push or awareness of hiring someone specifically to identify alcoholics. In fact the Gaming Board rarely convicts or punishes casinos who allow a clearly intoxicated player to over-leverage themselves. I mean there are cases, but walk around any casino on any given day and you can identify 20% of the place inebriated. And, yet still they let these same people to walk out the door and get behind the wheel of an SUV.

The Long Term Affects of Alcohol on the Brain and Body

BLACKOUTS AND MEMORY LAPSES

Alcohol can produce detectable impairments in memory after only a few drinks and, as the amount of alcohol increases, so does the degree of impairment. Large quantities of alcohol, especially when consumed quickly and on an empty stomach, can produce a blackout, or an interval of time for which the intoxicated person cannot recall key details of events, or even entire events.

ARE WOMEN MORE VULNERABLE TO ALCOHOL’S EFFECTS ON THE BRAIN?

Women are more vulnerable than men to many of the medical consequences of alcohol use.

BRAIN DAMAGE FROM OTHER CAUSES

People who have been drinking large amounts of alcohol for long periods of time run the risk of developing serious and persistent changes in the brain. Damage may be a result of the direct effects of alcohol on the brain or may result indirectly, from a poor general health status or from severe liver disease.

For example, thiamine deficiency is a common occurrence in people with alcoholism and results from poor overall nutrition.

LIVER DISEASE

Most people realize that heavy, long–term drinking can damage the liver, the organ chiefly responsible for breaking down alcohol into harmless byproducts and clearing it from the body. But people may not be aware that prolonged liver dysfunction, such as liver cirrhosis resulting from excessive alcohol consumption, can harm the brain, leading to a serious and potentially fatal brain disorder known as hepatic encephalopathy

This post was just made as a short awareness post to bring attention to the problem.

In my next post I will discuss the reasons why in: Drinking Philosophy

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Commercial Real Estate Defaults the One Two Punch on the Economy

Commercial Real Estate Defaults

It is no secret that commercial real estate is going to his 2010 like a poop storm. It behooves you to not be in front of the fan when it happens. This is going to continue well into 2012. We have $2 trillion in commercial real estate that is set to default, starting at the beginning of next year.

That’s not all the bad news. We still have $1 trillion in housing market real estate that is still sitting empty and not on the market, being held by banks to shore up housing prices, in the hopes they will stabilize.

But wait, that’s not all the bad news. We have Alt-A and ARM loans, to the tune of about $2 trillion that is set to also default from now until 2011 in the housing market. Last year we saw the subprime market start to unravel with its defaults.

Are We Going to Save Commercial Real Estate Defaults i.e. More Bank Bailouts?

I certainly hope not. That would just be the icing on the cake. We could not bailout another $4 trillion and hand it over to banks. The Federal Reserve says it’s keeping TAF open to help out, but only till June 2010. Gee, thanks Fed. Thanks for making under the table, secret loans to banks, without the knowledge given to investors.

The only real solution is to dissolve these huge centralized banks; let local lenders hold the real estate; and not prop up commercial and housing real estate prices. They are literally robbing the American public by artificially propping up the real estate prices. Because once this poop storm happens, another round of savings, of idiots that bought real estate recently is going to be wiped out, because the values are going to plummet.

The people who are going to be hit by this fall are the regional banks. Of course, were you expecting anything less? The regional banks are going to be sliced and diced. The high end centralized large banks are simply going to dump this on the laps of regional banks, if they can. We expect a shake down which will determine who is a true real estate mogul and who’s just a real estate financial engineer, i.e. CDOs.

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The Federal Reserve is Against Main street

Unemployment a Lagging Indicator?

Charles Plosser, president of the Philadelphia Federal Reserve, coming from the Fed meeting, told CNBC in an interview that he sees some clear positives about the economy. CNBC, in their endless campaign to report only good financial news and to cheerlead falsified economic reports was right there with him. He completely dismissed unemployment and called it a lagging indicator of economic recovery.

I don’t know about you, but any practical economist knows that when demand picks up the very first thing you do is not order double your current inventory, but you instead opening up hiring in anticipation of the demand. You know your inventory is low, and you also know you’re understaffed. Efficiency, always tells you that being understaffed is just as economically dangerous as being low in supplies, if not worse. If you’re low on inventory, you can raise prices and recoup on the perceived lost value, but you can’t raise prices to account for understaffing.

Commericial Real Estate

He also dismissed commercial real estate defaults and said it was a “concern” only insofar as it relates to financial institutions. He said that there was stabilization in the housing market. Which is a complete lie.

• There are over $1 trillion in housing inventory which has not been put on the market.
• Banks stopped putting this inventory on the market to shore up cliff diving housing prices.
• The Federal Reserve lowered interest rates to stop the plummet of housing prices.
• Obama passed a stimulus bill which included a cash incentive to buy a house sort of like the cash for clunkers program.

What he is also leaving out is that ARM loans and Alt-A loan defaults have yet to hit the market, to the tune of $2 trillion. Along with this the commercial real estate defaults are said to hit the market to the tune of $1 trillion. There is no stabilization in housing prices. Housing prices have been halted by infusing trillions of dollars into the market. When that money is removed, housing prices will once again resume plummeting. They should be back down to 1980’s market prices, according to experts.

Exit Strategy of the Fed and Raising Interest Rates

Plosser completely dismissed the notion that the Fed would raise interest rates this year. He also dismissed inflation as plausible for over 2 years. He clearly lives in a glass bubble that has absolutely no balance sheets on the price increases for the past 2 years, since the first bailouts started hitting.

The Federal Reserve balance sheet has shot up since last year from $750B to a staggering $2.25T. It owns $5T in government securities on top of its current balance sheet. That is to say, the U.S. government owes yearly $8 trillion to the Federal Reserve. Every single tax dollar that it collects from commerce, imports, and personal incomes goes to just pay off the interest owed on that $8 trillion. To fund all of the welfare, medicare, medicaid, farm subsidies then, the government has to turn around and borrow more money from the Federal Reserve.

He did not admit that the Federal Reserve has consistently overstepped the bounds of actually making fiscal policy without any input or approval of congress. He did not admit that small and medium businesses, the largest employers in this economy, ever received any stimulus or credit or flow of capital that was said to have gotten to them to get the recovery going.

Plosser did say he did not expect a V shaped recovery, nor a W, but an actual L shaped recovery, meaning that he did not expect us to ever reach the former perceived levels. This is simply hedging his bets so that the Federal Reserve is off the hook come time for the real recovery to start happening and the Fed withdrawing the stimulus money and loans.

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Whitney Houston is Back: Haters Be Gone

Whitney Houston Gives a Concert on GMA

Well you know I just had to write about the return of Whitney Houston. She appeared on Good Morning America, hugging Diane Sawyer, the journalist that broke the drug addiction news. It’s been seven years since Whitney has appeared on stage. She’s out with a new album and a new resolve to put the drugs and degenerate lifestyle behind her. She’s also going to be appearing on the Oprah Winfrey show, in an hour long special. Don’t miss it.

I’ve never been a fan of anyone, but when they announced she would be marrying Bobby Brown my heart almost broke in two. I thought to myself, you’re Whitney friggin Houston. You’re at the top of your game. Any man in the world would want to have you at his bride and you chose Bobby “bad boy” Brown? I can remember it plain as day. And, my feelings were confirmed when all of the ugliness came out: the abuse; the drugs; the loss of voice.

But she’s back now and with a new album. She gives a semi-pop, semi-gospel song called “I Look to You” and has a track written by Alicia Keys. Alicia Keys is quoted as saying Whitney Houston is a woman she idolized.

Now about the performs on GMA, Good Morning America. Frankly, I sing, and it was not good. However, it wasn’t good compared to Whitney Houston’s past. She still blows away live performances of Britney Spears, Shania Twain, Celine Dion.

Let me be brutally honest here. The song by Alicia Keys, may be cute and I’m sure it will sell millions, because it has Alicia’s name on it, but it is not Whitney’s song. I don’t know who’s song it is, but it is not Whitney’s song. I have never been a fan of Alicia keys writing. Her songs, to me, don’t have: melodies, harmonies, musical theory behind them. Oh don’t get me wrong, the piano accompaniment might be great, I play the piano too, but the main melodies are lacking. Everyone blamed Whitney for sounding bad on stage yesterday, but I say the song sucks.

What Whitney Houston Needs

I always felt that Whitney Houston needed more meddlesome mothers and aunts, than a hands off approach. I might be projecting my own family to her, but truth is truth. They sat back and watched her crumble. If I had a daughter, and I don’t care how old she was, and she was going down a dark hole, I would come in guns ablazing and pull her out. I’d be damned if I would let her sink so deep that I couldn’t even recognize her. Everyone wants to just stand back and say “oh she’s a grown woman”. Hell, grown women make mistakes too. Grown women need help too. Grown men need help too. This whole, parenting stops at 18 has got to go. I believe the country is in the dumps right now, because a whole lot of grown folks need to be put over someone’s knee and their butts whooped and to be sat down and taught a lesson.

I never got the feeling that anyone was in Whitney Houston’s corner. I didn’t get a sense that anyone was looking out for her. Bobby Brown was clearly mooching off of her. Sure he sold some albums, but he wasn’t a world wide mega star like Whitney Houston. There was no comparing: talent; lifestyle; fortune. Men and women need to stop and recognize right away when someone is just wrong for them. This whole love thing needs to be put in perspective. In fact, I don’t think you’re in love with someone until you’ve been together twenty years and the kids are grown and out of the house. When you can stand the test of time, that’s love. This whole, “oh honey I love you”, it’s been 15 minutes, has got to stop. We laugh at kids when they say they’re in love, but when an adult does the same exact thing we agree with them? Puhlease! I’m also sad she had kids by him.

But, she said she kept her eyes on “Him” and came through it all. Here’s to hoping that’s true. Here’s to hoping she doesn’t fall back down. Here’s to hoping someone with some sense is in her life. I just don’t get how such a church grounded family could let their baby girl fall so low. But, anyway, I pray God keeps her and wraps her in his arms and protects her. Apparently no one else did.

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