Catholic Bishops defy and challenge Obama’s infringement of their rights to free speech and religious liberty.

Catholic Bishops defy and challenge Obama’s infringement of their rights to free speech and religious liberty.

Eleven of Obama’s Secret Service agents became the center of attention at the sixth Summit of the Americas after they were expelled for misconduct involving prostitution. The incidents occurred in the Caribbean city of Cartagena was supposed to focus on trade in the Western Hemisphere. Instead it was a wonderful vacation retreat for Obama while it lasted.

During the 1994 election President Clinton silenced the free speech and harassed evangelicals by threatening to tax them if they made any political statements. Obama and Holden now think they can shut down Catholic hospitals that refuse to do abortions and Catholic universities that do not provide contraceptives to students. American taxpayers are forced to pay for the abortions and contraceptives by the lunatic left. The bishops said, “We have been staunch defenders of religious liberty in the past. We have a solemn duty to discharge that duty today,” the bishops said in the document”. Religious liberty is under attack, by Obama who lied when he swore to uphold the US Constitution. That is another reason Obama is not a legitimate US President and should be impeached. Obama refuses to enforcement of the American Constitution and our established laws. The Executive Branch is required by the American Constitution to enforce all of America's laws. Obviously Obama does not even consider himself to be and therefore is not a legitimate American president. An astute observer has said, ”To the Russian and Nazi socialists, economic crises were essential to their power grabs. But to the idiots Holder and Obama the Americans will respond to their manufactured crises by kicking their asses out of office.”
http://www.usccb.org/issues-and-action/religious-liberty/our-first-most-cherished-liberty.cfm

The document lists concerns that prompt the bishops to act now. Among concerns are:
• The Health and Human Services (HHS) mandate forcing all employers, including religious organizations, to provide and pay for coverage of employees’ contraception, sterilization, and abortion-inducing drugs even when they have moral objections to them. Another concern is HHS’s defining which religious institutions are “religious enough” to merit protection of their religious liberty.
• Driving Catholic foster care and adoption services out of business. Boston, San Francisco, the District of Columbia and Illinois have driven local Catholic Charities adoption or foster care services out of business by revoking their licenses, by ending their government contracts, or both—because those Charities refused to place children with same-sex couples or unmarried opposite-sex couples who cohabit.
• Discrimination against Catholic humanitarian services. Despite years of excellent performance by the USCCB’s Migration and Refugee Services in administering contract services for victims of human trafficking, the federal government changed its contract specifications to require USCCB to provide or refer for contraceptive and abortion services in violation of Catholic teaching. Religious institutions should not be disqualified from a government contract based on religious belief, and they do not lose their religious identity or liberty upon entering such contracts. Recently, a federal court judge in Massachusetts turned religious liberty on its head when he declared that such a disqualification is required by the First Amendment—that the government violates religious liberty by allowing Catholic organizations to participate in contracts in a manner consistent with their beliefs on contraception and abortion.

How do Americans now know that Obama is such an ignoramus? Obama does not know the USSR had a socialist government like the kind Obama adores and slaughtered millions of their own people and they were ultimately forced by starvation to return to Free Enterprise. Obama does not know Hitler brought Germany, National Socialism and slaughtered millions of his own people and caused a world war that flattened Germany. Obama does not know Eastern Europe was once run by international socialist that were forced by starvation to return to Free Enterprise. . Obama does not know the Cambodia’s Pot Pol regime was a lunatic left socialist government that slaughtered millions of their own people and they were forced by starvation to cease and desist. Obama does not know Mao was an international socialist and slaughtered millions of his own people and caused mass starvation until the Chinese started re-introducing free enterprise. Obama does not know North Korea is international socialist and starved three million of their own people and recently promised to stop nuclear proliferation if Americans just send them food. Obama does not know that the Moslems have religious socialist governments where they slaughter non-Moslems, degrade and disfigure their women, and still legally take nine year old girls as brides. Obama was so stupid he actually had his staff say that China’s new free enterprise was central planning. That is how Americans know that Obama is such an ignoramus.

Rassmussen finds 98.4% of the people who support Obama socialism are illegals and morons. They are definitely morons but don’t have the papers to prove it. 1.6% have CPUSA papers to prove it (CP = communist party). They need to turn off MSNBC/Pravda and listen to Rush Limbaugh and Fox News if they wish to be able to think clearly again.

Eric Holden and Hussein Obama are the architects of the American voter fraud that is needed to get them elected.
http://dailyrushbo.com/limbaugh-okeefes-holder-voter-fraud-video-a-profound-embarrassment/

A new Rasmussen Reports Romney is holding his lead over Obama. In a hypothetical Election 2012 matchup, presumptive Republican nominee Mitt Romney earns 48% of the vote, while President Obama attracts support from 44%. Republicans continue to enjoy a five-point advantage over Democrats on the Generic Congressional Ballot to take the Senate and House in 2012.

http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll


World market
Idiot French Socialist Francois Hollande said the European Central Bank could have prevented the Greek debt crisis had it “massively” bought all the Greek bad debt at the outset. That is the problem with all well meaning idiots who are attracted to socialism. They help people today by borrowing from and mortgaging taxpayers well into the future until they run out of fools to borrow from and hard working victims to tax more. Eventually every intelligent person who survives the socialist’s taxation realizes he or she needs a little private garden to save themselves from starvation. Starvation pervades the entire socialist world. Africans are starving now because they are run by socialist idiots. As soon as they run out of oil the entire Arab-speaking world will be starving just as Moslem northern Africa is already starving.

“The U.S. and China economies are in limbo,” said Koji Toda, chief fund manager at Resona Bank Ltd. in Tokyo. Asian stocks fell, with the regional benchmark index headed for its biggest drop in two weeks, after the cost of insuring against a Spanish default climbed and U.S. consumer confidence dropped, threatening exports.

The austerity policies, which helped U.K. reduce debt and beat world peers in 2011, have put the bond market and the economy on the brink of a recession with borrowing needs approaching record levels.

The Euro region’s trade surplus narrowed as EU officials’ request a bigger US global war chest to combat the debt crisis as Spain’s government battles to quell renewed market turmoil and bankruptcy. Sweden now teeters on the brink of a recession.

Anders Behring Breivik claimed self-defense for each of the 77 killings of Moslems in Norway.

Most national stock markets are on one, five and twelve-year head-and-shoulders sell areas. Germany’s market is losing steam. To see the megatrend look back to 1995. Asian stocks fell, with the regional benchmark index headed for its biggest drop in almost two weeks, after the cost of insuring against a Spanish default climbed and U.S. consumer confidence dropped, clouding the earnings outlook for Asia’s exporters.

http://finance.yahoo.com/echarts?s=%5EGDAXI+Interactive#symbol=^gdaxi;range=my;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

The Swiss are still lower than last year’s high with a mega-trend decline. Choose max years http://finance.yahoo.com/echarts?s=%5ESSMI+Interactive#symbol=^ssmi;range=my;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

China has been declining for more than a year now. Chinese inflation data disappointed, with March consumer price index rising 3.6%.
http://finance.yahoo.com/echarts?s=000001.SS+Interactive#symbol=000001.ss;range=my;compare=;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

Emerging markets are still lower than last year’s high and look like a head and shoulder sell signal.
http://finance.yahoo.com/echarts?s=^BVSP+Interactive#symbol=^bvsp;range=5y;compare=;indicator=ema(100,200)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined;

American Economy
Obama shovel ready bullshit economic data comes with the latest job pitch. Obama economic progress is a very simple manipulation of data. If Obama was not corrupt he would report consistently from month to month not report fictitious good news but then quietly lower it in a hidden “revision” so he can fraudulently report good news the next month.

Last Week
Wholesale Inventories Feb rose 1.1% after rising 0.4% last month for an increase of 175% (1.1/0.4). That is very bad because it means American production will have to be reduced. Obama as usual manipulated the data. He raised the inventory number last month (by 0.2%) after it was reported. He then reduced the published increase by 0.2%. It still was a bad report but says it only increased 50% (0.9/0.6) from 0.6% to 0.9% not almost tripling as was the truth.
MBA Mortgage Index 04/07 -2.4% very bad 4.8% says housing is floundering again
Export Prices ex-ag. Mar 0.5% increased again 0.5% not good
Import Prices ex-oil Mar 0.5% up 0.6% because doctored the old numbers to 0.0%from-0.1%last time.
Crude Inventories 04/07 2.791M plummeted from 9.1M indicating prices will rise again
Treasury Budget Mar -$198.2B deficit increased from -$188.2B last month.
Initial Claims 04/07reported as 380K vs 367K but with Obamafraud removed is a horrible 390K vs 357K
(Obama increased 357 to 367 and reduced 390 to 380 by moving 10K of the increase back to last week. That is pure Obama/USSR reporting fraud)
Continuing Claims 03/31 reported as 3251K 3338K but with Obamafraud removed is 3262K 3338K still down a big chunk as people give up looking for work and join the welfare society.
PPI Mar reported as 0.0% 0.3% but with Obamafraud removed is -0.1% down from 0.4%…a big drop in producer prices
Core PPI Mar 0.3% vs 0.2% says the drop is temporary because the core is rising.
Trade Balance Feb -$46.0B vs -$52.6B actually says we lost less with trade this time
The CPI Mar 0.3% down from 0.4%
The Core CPI Mar 0.2% up from 0.1%
Mich Sentiment Apr 75.7 dropped from 76.2

This week
Apr 16 8:30 AM Retail Sales Mar
Apr 16 8:30 AM Retail Sales ex-auto Mar
Apr 16 8:30 AM Empire Manufacturing Apr
Apr 16 9:00 AM Net Long-Term TIC Flows Feb
Apr 16 10:00 AM Business Inventories Feb
Apr 16 10:00 AM NAHB Housing Market Index Apr
Apr 17 8:30 AM Housing Starts Mar
Apr 17 8:30 AM Building Permits Mar
Apr 17 9:15 AM Industrial Production Mar
Apr 17 9:15 AM Capacity Utilization Mar
Apr 18 7:00 AM MBA Mortgage Index 04/14
Apr 18 10:30 AM Crude Inventories 04/14
Apr 19 8:30 AM Initial Claims 04/14
Apr 19 8:30 AM Continuing Claims 04/07
Apr 19 10:00 AM Existing Home Sales Mar
Apr 19 10:00 AM Philadelphia Fed Apr
Apr 19 10:00 AM Leading Indicators Mar

Market outlook April 16, 2012

Now the markets are again within 1% of breaking through their lower resistance levels. The Obama administration muddles through blaming everyone else for Obama's own stupidity. Last week the Obama administration disavowed a spokesperson for saying mothers who raise a family know nothing about America or the economy and Mitt Romney’s wife should therefore keep her mouth shut. Of course Obama’s wife was given a six figure job as soon as Obama got his wife’s employer a $2,000,000 grant and therefore she thinks she is qualified to tell us how the Obama economy redistributes wealth (to family and friends). Also Obama’s brother-in-law’s job was saved when Obama gave his school a multi-million-government grant. In most EU countries Obama would now be on trial for corruption and would be impeached. If the democrats lose the Senate, Obama should be put on trial next year to identify and reclaim all the $millions he misappropriated with his Nigeria style corruption. Obama’s motherland is Nigeria, the most corrupt country in the world. Indonesia is Obama’s second homeland and the third most corrupt nation.

No DOW rail confirmation means there is no DOW buy signal. Is looking like a head and shoulder sell signal forming in the Rails. We are a few days away from a complete breakdown of the market.

http://finance.yahoo.com/echarts?s=%5EDJT+Interactive#chart1:symbol=^djt;range=2y;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

The New York Stock exchange said the market has now breaking down worse than last August.
http://finance.yahoo.com/echarts?s=%5ENYA+Interactive#symbol=^nya;range=1y;compare=;indicator=ema(200,100)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

The VIX is on the rise now indicating the market will continue to fall for a few weeks. A sharp computer sell-off could end the current rally any moment now and trigger huge stop-losses.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=2y&l=on&z=m&q=l&c=

Baltic Dry Index is still languishing meaning China could implode soon.
http://www.bloomberg.com/quote/BDIY:IND/chart

Stock market update:
Asian Stock markets were down last night. China down - 0.1%, Hong Kong down – 0.5%, India up 0.3%, S. Korea down –0.8%, and Japan down - 1.7%.

European markets are down today in a range of +0.8% to –1.6% half way through their day.

American market futures are up about 0.3% in after hour trading at 8 AM EST.