George Soros should be arrested and thrown in the same prison cell we used for Panama dictator Manuel Noriega.

George Soros should be arrested and thrown in the same prison cell we used for Panama dictator Manuel Noriega.

George Soros is an international alien predator that enjoys and feeds on international fear and terrorism. He is an animal that lives to destabilize the world financial systems and feeds off the ignorant and poor by destroying currencies and spreading world chaos and his mental illness. George Soros philosophy of life is a mental illness that is spreading with world chaos, fear and terrorism. He and his friends have earned a prison cell. The USA needs an American president who will hunt George Soros down and throw him in jail for life with only soap opera TV shows and People Magazine for his news of the world. Manuel Noriega was tried in the USA on eight counts of drug trafficking, racketeering, and money laundering in April 1992. Noriega's U.S. prison sentence ended in September 2007, pending the outcome of extradition requests by both Panama and France, for convictions in absentia in 1995, for murder and in 1999, money laundering, respectively. France was granted its extradition request in April 2010. He arrived in Paris on April 27, 2010, and after a re-trial as a condition of the extradition, he was found guilty and sentenced to seven years in jail in July 2010. Wen he serves that sentence he goes to Panama to be tried for murder and will likely then get the death penalty. So the USA has his old room available for George Soros and his co-conspirators.

It is very clear that Obama's declaration, that terrorists and illegal aliens cannot be profiled… is racist as well as unconstitutional. Moslems of dark skin are exempt from pat downs while fair skinned nuns get felt up at airports. It is unreasonable search. It is pat downs of frightened 3yr old white children, while people who look like terrorists are given favorable treatment. The shoe and underwear Moslem idiot terrorists got through the past searches of older white women so now Obama has them feeling up white nuns. How did American leftists get so many stupid judges appointed? We need a concerted effort to recall all the stupid leftist judges who are taking away our constitutional rights in the name of security while letting terrorists, drug lords, and illegal aliens get American driver's licenses so they can establish fake American identities.

The leftist morons need to be voted out of office and their appointed leftist judges need to be recalled. We also need a death penalty for the judges and all government officials who violate our constitutional rights and discriminate in favor of Moslem terrorists by disallowing the use of the profiling of terrorists and illegal aliens. Those leftist judges and leftist federal officials are killing Americans just as surely, as are the terrorists themselves. They are co-conspirators and should legally get the death penalty as a lesson because leftists are dangerous cowards who can easily be stopped by the fear of the death penalty. That is why leftists oppose the death penalty… they know they deserve it.
http://blogs.kansascity.com/unfettered_letters/2010/11/oklahoma-and-sharia-law.html

Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.
-Benjamin Franklin

Those trusted government officials who use safety as a justification to take away essential American liberty deserve the death penalty. Those other trusted government officials who cowardly stand by and just watch as Americans set stripped of their constitutional rights should themselves be stripped of their American citizenship and run out of the country on a rail.

James Madison knew how to profile the dregs of society. All of the Moslem states are welfare states under the rapacious violence of the vicious and idle Moslem fanatics who practice Sharia stupidity. They are the dregs of the world. Ban them all from entering America and deport the ones already here. We don't need them and Americans cannot trust them unless they renounce the hateful Imams who advocate Sharia law.

Thomas Jefferson to P. Dupont in 1816 wrote; "The majority oppressing an individual, is guilty of a crime, abuses its strength, and by acting on the law of the strongest breaks up the foundation of society."
Obama leftist now claim they represent the "majority" that Thomas Jefferson says is guilty of crime and imposes unjust laws. Obama and his majority are now exposed as the true racists who use illegal unreasonable searches to harass the minority of Americans who still have a work ethic, still pay taxes, and still are committed to helping people who truly want to work and contribute to society.

James Madison in the Federalist Papers, Feb 5, 1788 wrote to the Massachusetts Convention, "but as a just government protects all alike, it is necessary that the sober and industrious part of the community should be defended from the rapacity and violence of the vicious and idle. A bill of rights, therefore, ought to set forth the purposes for which the compact is made, and serves to secure the minority (the creative and productive Americans) against the usurpation and tyranny of the majority (Obama idiot leftists)."

In 1824 Thomas Jefferson the founder the Democratic Party also wrote (note in Tracy's Political Economy, 1816), “To take from one (the creative and productive Americans), because it is thought that his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers (idiot leftists) have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to every one of a free exercise of his industry, and the fruits acquired by it."

Obama's civil trials of terrorists resulted in the dismissal of 99.5% of the charges of the first terrorist. The terrorist probably has already served more time than is needed for parole for his 20-year sentence. Remember that tele-evangelist (Tammy Fay's husband) who got a 40 year sentence for running a time share condominium that went bankrupt (1990's)? Preachers get 40 years prison while terrorists get 20 years and Obama's predator friends like George Soros run free.

World Markets:
The USA and the free world should once again restrict technology transfer to China because China is responsible for the MAD DOG Kim Jong-il. The fact that the mad dog remains in power shows that China has no intention of working very long with the free world. China apparently has dangerous plans and should be cut off before it is too late.

China could successfully transition to free enterprise but not while N. Korea is governed by a mad dog. A mad dog is much more dangerous than a leader who is just a moron. The world is watching China to see if they are truly capable of leading not just stealing from the west. China should allow democratic S. Korea to assimilation N. Korea because China knows that would be best for the Korean people and China has no right keeping the N. Koreans in slavery to a failed communist ideology of jealousy, hate, slavery and insanity.


Phony bail-out of Ireland

British students riot again over the higher cost of university tuition. At one time good students got scholarships but lazy and stupid people (liberals) called that racism and stopped it. Now lazy and stupid people who vote for socialists like Obama outnumber intelligent and productive people in the free world. So I guess the intelligent and productive people in the free world can not be called racists any more because the lazy and stupid people say you can't be called a racist if you ain't got no power. So it must now be politically correct to call Obama a racist because he has the power and can steal from intelligent and productive people by raising taxes instead of cutting welfare and government affirmative action jobs. If I were a lazy, racist, and stupid person I would get a job and an education just so I could join the new minority. Some day Atlas will shrug off socialism and refuse to work as a slave.

Ireland accepted loans from the EU now to prevent a run on their banks. The banks that Ireland owes are the banks bailing out Ireland. In other words the world banks that Ireland owes are now loaning Ireland more money so Ireland can make payments on their earlier loans. This is fraud because it is deceit in that it does not solve the problem it makes it worse. It is like giving someone with no means of support a loan to make payments on a home mortgage so the bank can hide the fact that the mortgage is now worthless. Socialists think that kind of redistribution of wealth is the purpose of banking and that profits for shareholders are evil. Socialist CEOs also rob the till to keep those evil profits lower and to donate more to Obama.


Economic Calendar

GDP - Second Estimate Q3 is 2.5% up from 2% for the first estimate. Great news
GDP Deflator - Second Estimate Q3 is 2.3% same as first estimate. Then why doesn't social security reflect this?
Existing Home Sales Oct was 4.4M down from 4.5M last month. Not good at all.
Minutes of FOMC Meeting Nov 3 Fed officials raised their unemployment projections for the next two years from the 4.5% prior to Obama. Policy makers raised estimates of permanent effects of Obama policies to a 5 to 6 percent permanent unemployable underclass who vote for leftist anti-American candidates. 40% of Americans contribute nothing in taxes for any government programs and get most of the government handouts. Let us cut government size and not raise taxes until everyone pays a fair share. When the USA was created you had to own a piece of America before you had a right to vote.

Yesterday
MBA Mortgage Applications 11/19 up 2% after declining 14% last month. still low.
Personal Income Oct up 0.5% after declining 0.1% last month. good
Personal Spending Oct up 0.4% after being up 0.2% last month. good
PCE Prices - Core Oct at 0% same as last month. Not good the goal is up 0.2%per month
Durable Orders Oct declines -3.3% after being up 3.5% last month. Bad
Durable Orders -ex transportation Oct down -2.7% after being down -2.4%last month. Very bad
Initial Claims 11/20 at 407K improved from 435K last month. Still very bad
Continuing Claims 11/13 now 4182K was 4295K. still very bad as people drop off unemployment rolls with no jobs.
Michigan Sentiment - Final Nov 71.6 up from 69.3. Still very low.
New Home Sales Oct were 283K down from 307K last month. Very bad
FHFA Home Price Index (q/q) Q3 dropped -1.6% after improving 0.9% last month. Under water and worse yet.
Crude Inventories 11/20 increased 1M. This is good and refiners have increased gasoline production so prices should come down again.

Market Outlook Nov 26, 2010
The volume was very low on the Wednesday advance. That is not good.

The volatility index continues frightfully low and showing complacency with all the chaos of the world today. Bulls vastly outnumber bears and bears are getting squeezed hard. A major short squeeze could very well be what was driving the market up. The shorts panic and buy to cover their shorts. Usually the high bull to bear ratio like the one we have now is a sign of a topped out market.

Based on the cash flow out of the market it looks like at least one or more additional consolidation periods may be needed for the bull market to resume.

World Markets
Asian markets were down again last night. China's market was down -0.9%, Hong Kong down -0.8%, India down -0.9%, and Japan down -0.4%.

European markets were down sharply this morning up in a range of about -0.7% to -1.5% about half way through their day.

US pre-market futures were down about -0.6% to -1% at 8:30 AM EST.