May 2 The Benghazi attack was on the anniversary of the 9-11-2000 Trade Tower attack and right after the Navy Seals killed the leading world Terrorist living in a safe house next to an Afghan military base. The fact that Obama did nothing to protect Americans on that anniversary shows the abject arrogance, not the ignorance of the Obama Administration including both Obama and Hillary Clinton. Their subsequent cover-up shows their dishonesty. The fact that both did not resign shows their brazen disregard for the safety of Americans. Before Obama and Hillary Clinton the world was on a trajectory toward lasting trust, peace and prosperity between the Eastern and Western nations. Since Obama and Hilary Clinton the trajectory is on a path toward more worldwide terror, war, and poverty. The year after Benghazi, Obama and Hilary went to the opposite extreme and had everyone indiscriminately on alert only because it was an election year.

The White House took questions from reporters on the newly released documents on Benghazi.  Among the documents just released is the White House email in which top administration adviser Ben Rhodes told then-UN Ambassador Susan Rice that, Rice was to lie and say that the protests were in reaction to an anti-Islamic video.  Hilary Clinton the Secretary of Sate knew it wasn’t true and did not want to take responsibility for Obama’s indecision and inaction so Susan Rice had to sacrifice her career for Obama and Hillary. 

Since the release of the documents, the White House has lied many times in a cover-up and now says that the email was mistakenly provided and not actually concerning Benghazi, despite it is dated then and was officially released as part of a Congressional Freedom of Information Act request specifically pertaining to Benghazi.  Retired Brig. Gen. Robert Lovell said, “We knew early on that the Benghazi attack was not a 'demonstration gone awry'; 'We should have tried' to help Americans during Benghazi attack.  Several leading Pentagon and other military officials have said that additional U.S. assets were not deployed to assist Americans under attack that night because the White House told them to say they weren't close enough.

 "The point is we should have tried," Lovell told the House Oversight and Government Reform Committee, in his opening statement. "As another saying goes -- always move to the sound of the guns." He later said the military "could have made a response of some sort." Lovell sharply countered Obama’s claims that the intelligence community and military initially thought this was a protest over an anti-Islam video gone awry. He said U.S. officials knew this was a "hostile action" from the outset, even though they didn't know how long the attack would last.  It was Obama’s responsibility to give the order to protect the American Embassy.  "This was no demonstration gone terribly awry," Lovell said. "The facts led to the conclusion of a terrorist attack."

The testimony comes two days after new emails were obtained and released by a watchdog group showing a top White House aide was involved in preparing then-U.N. ambassador Susan Rice to lie at her controversial Sunday show appearances, where she pushed the narrative that protests over an Internet video were to blame.  The hearing comes just days after new emails surfaced, pointing to a link between the Obama White House officials and the false narrative Hilary Clinton put forth for Susan Rice to describe how the attack happened.  In a prepared statement Lovell said that military officials knew "early on that this was a hostile action." Lovell said,” This was no demonstration gone terribly awry.”

U.S. military personnel knew early on that the Benghazi attack was a "hostile action" and not a protest gone awry, according to a retired general who served at U.S. Africa Command's headquarters in Germany during the attack.

 http://abcnews.go.com/blogs/politics/2014/05/new-benghazi-witness-on-sending-help-we-should-have-tried/

http://www.usatoday.com/story/news/world/2014/05/01/benghazi-testimony-africom-general/8554559/

http://www.realclearpolitics.com/video/2014/04/30/jon_karl_challenges_jay_carney_over_new_benghazi_email.html

http://nation.foxnews.com/2014/05/01/retired-general-we-knew-early-benghazi-attack-was-not-demonstration-gone-awry

 

May 1  Putin is planning to threaten and perhaps start “Internet World War I.”  Putin thinks he can bring down the entire internet and economically punish America, Western Europe, and all other societies that believe in liberty, rule of law, justice, compassion and generosity.   If Obama and the West allow Putin to control web with fines based on the Putin’s definition of free speech in the Kremlin Gulag, Putin will then claim he has a right to not just fine but  to completely shut down and sabotage the internet.  That will absolutely and almost instantaneously bankrupt Apple, Facebook, Samsung and all the other industries that service the machines, the software, and the technology that use the internet as a revenue source.

 

http://www.bloomberg.com/news/2014-04-24/yandex-sinks-as-putin-hints-at-stronger-internet-control.html

http://blog.heritage.org/2014/04/29/putin-internet-cia-project-pursues-russian-government-control/

http://www.reuters.com/article/2014/04/29/us-russia-internet-idUSBREA3S0QF20140429

The smart thing to do would be to shut down US supplied internet connectivity of Russia, Nigeria and the other countries of the world that already flood the west with scams.  Many target rich senile Americans and other disadvantaged people with scams. Others target corporations that have credit services for identity theft, and target banks they wish to punish with denial of service attacks.  We should also cut off financial aid for all countries that continue to deal with Putin.  Putin not Russia is the enemy liberty of rule of law, justice, compassion and generosity.  Putin wants a dictatorship, rule of Putin, intolerance of freedom fighters, brutal crackdowns, and a worldwide Gulag for those who think like Alexander Solzhenitsyn.  In both Hitler’s National Socialism and Stalin’s International Socialism, individuals who decried social injustices were persecuted as dissidents.  The most famous Soviet dissident was the nuclear physicist Aleksandr Solzhenitsyn.  Prisoner Alexander Solzhenitsyn exposed how terrorism functioned as a permanent structural feature of the USSR socialist society rather than as an episodic incident.  The international socialists, unlike the national socialists, did not document their genocide, and in fact blamed some of their discovered mass murder burial sites on the national socialists.  However, eye witnesses survive to tell the truth that the international socialists were more ruthless than Hitler’s Nazis.  For many years in the forests around Leningrad, the first signs of spring were not flowers pushing up but the human bones. 

Solzhenitsyn's crime was that of writing to someone who, many years later, was declared an enemy of the state.  Solzhenitsyn was guilty by his previous association with someone who later in life became a dissident and was executed by the socialists.  Solzhenitsyn, a nuclear scientist, became a dissident after spending many years as an innocent victim in the Russian Gulag.  In his writings, Solzhenitsyn provides a victim's view of genocide.  He heard the screams of the victims as their thinking was modified with beatings and physical deprivation.  Solzhenitsyn was passive while in prison but did not submit to helplessness;  instead he, like many other victims, retreated into his own mental world.  Within his mental world he survived and grew to realize that the USSR’s socialist genocide had to be uncloaked and to be defeated from within.  The layers of apparatus that distance the society from the victim needed to be short-circuited.  The cultural organization had to be forced to face the brutality of the many levels on which socialist inspired genocide was implemented.  

Aleksandr Solzhenitsyn received the Nobel Prize in Literature in 1970.  He was expelled from the Soviet Union in 1974 and lived in Vermont, USA.  He returned to Russia in 1994 after the dissolution of the communist Soviet Union.  He died in 2008 before Putin became such a megalomaniac and decided to rebuild Stalin’s genocidal socialist government .

 

April 30 It is time for the USA to throw Putin and other thugs off the internet.  Why should Americans pay their cost especially when it has been documented that most hackers stealing money on the web come from behind the old iron curtain and most of the world fraud comes from Nigeria where they like to target Americans.  Last week Putin said his government needs to impose greater control over information flows through the World Wide Web, which, Putin, supreme KGB agent uses to hack into, steal from, and spy on other nations of the world.  Putin introduced a draft law requiring Internet companies such as Google to locate servers handling Russian traffic inside the country, similar to socialist Chinese rules, and store user data for six months. The legislation, which was passed by the upper house this week now only needs Putin’s signature will classify citizens who are bloggers with 3,000 or more readers, about 30,000 people, as “media” outlets, making them and their hosts liable for the communist definition of free speech  content and subject to Russian regulation and fines. 

China only monitors and reacts to abuse but Putin will end freedom of the press and with his KGB background he may send his thugs to even permanently silence Americans like he did the Ukrainian Mayor who they shot yesterday and who is now struggling for his life.  It is time that Russian criminals are blocked from the internet and Putin’s thieves should not be allowed to raid Americans who use charge cards at Target and other stores.  It is foolish to give Putin the ability to identify, harass and kill his critics.

http://www.reuters.com/article/2014/04/29/us-russia-internet-idUSBREA3S0QF20140429

http://www.theguardian.com/world/2014/apr/24/vladimir-putin-web-breakup-internet-cia

 

Now see how Obama and other socialist are managing economies and redistributing wealth, raising the debt limit so our kids can bail the world out later.  Watch it now before Obama’s free speech censors have it removed from the internet like the factual American film about Mohamed’s life.  Or the Wall Street article about IRS corruption last week. 

https://www.youtube.com/embed/Li0no7O9zmE

 

The American who last year made the Mohamed movie may have been thrown in an American prison in violation of the American Constitutions Bills of Rights; 4, 5, and 6.  We may be losing the American “rule of law” with the Obama administration.  No one mentions the movie maker’s name for fear his entire family will be murdered the way things are done in Russia, North Korea, Iran, Syria, and Libya.  Socialists the likes of Hitler, Stalin, and Putin always knew that the American second Bill of Rights gives the right and encourages Americans to rise up and overthrow socialist thugs like Putin who obviously have infiltrated Ukraine and are killing freedom loving people there.

 

We put up new links to the Wall Street Journal report Apr 30 last week on IRS Tea Party harassers and tax dodgers who got recent Obama bonuses.  Obama’s censors apparently threatened the free press to break the old links provided on Apr 30. 

 

World Economy

May 2    A  Worldwide banking collapse could happen if Obama continues to go after secret bank accounts that have protected the liberty and lives of many people harassed or persecuted by socialist despots throughout the 20th century.  Obama’s prosecutors are considering indictments in probes of Credit Suisse Group AG (CSGN) and BNP Paribas SA (BNP), Bloomberg said.  The people who will suffer the most are the people avoiding the confiscation of the fruits of their lifetime contributions to civilization by socialist thugs such as Putin and the fast and furious American gun runner, Attorney General Holder.  Even after talking with financial regulators about ways to mitigate damage -- such as ensuring banks can keep their keep charters – Holder’s prosecutors might not fully understand consequences for the market, according to industry lawyers and bankers who are following the case.

http://www.bloomberg.com/news/2014-05-01/criminal-charges-against-banks-risk-sparking-crisis.html

 

Apr 30    Canada’s GDP rose at a 0.2 % annual rate in January and February indicating previous socialist reports of the Obama world depression ending were premature.

 

The Swiss banks are being illegally pressured by the Obama administration in violation of international treaties that protect nations and individuals from totalitarian socialist states just as they were protected from Stalin’s and Hitler’s kangaroo courts.  American citizens are now at risk of a political approach to embarrass only wealthy American Republicans, Tea Party members and Obama critics because while Democrats are more often the tax dodgers, Obama can selectively release the names.  Both Hitler and Stalin tried but failed to do what Obama is doing when they persecuted Jews and political opponents.  Credit Suisse has been targeted by Obama since 2011 with a U.S. criminal probe. This is just another Hitler socialist type tactic to silence opponents of Obama’s creeping socialism, economic decay and eventual American bankruptcy.  As Lincoln said, “We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.” 

The Swiss market still indicates stagnation since 2007. It has hit the highs of 2003 but could not make it to the highs of 2007. Obama has destroyed Swiss banking by attacking Swiss confidentiality that had protected people from the Hitlers and Stalins of the past. The Obama socialists are trying to legally confiscate everything people earn while lining the pockets of their friends with Ambassadorships and $billions in contracts for inept management of socialized medicine. Look for world economies to soar when the socialists are no longer running America.

 http://finance.yahoo.com/q/bc?s=%5ESSMI&t=my&l=on&z=l&q=l&c=

 

 American Economy

Apr 28

Pending Home Sales Mar 3.4% up from -0.8% but still stinks

http://www.martincapital.com/index.php?page=graph&view=pending

Apr 29

Case-Shiller 20-city Index Feb 12.9% down from 13.2% -

Consumer Confidence Apr 82.3 flat 82.3

http://www.martincapital.com/index.php?page=graph&view=consumer_sentiment

Apr 30

MBA Mortgage Index 04/26 -5.9% crashing down from -3.3% ----

ADP Employment Change Apr 220K continuing weak 60% of needed job growth 191K

GDP-Adv. Q1 0.1% down from a manipulated 2.6% --

Chain Deflator-Adv. Q1 1.3% down from % 1.6% -  this is the inflation rate leaving out the much higher inflation in food and energy costs.

Net (GDP minus inflation component)  -1.2% down horribly from 1% net annual GDP growth reported last month.

Employment Cost Index Q1 0.3% down from 0.5% which are both significantly negative when corrected for inflation.

Apr 30

Crude Inventories 04/26 1.698M down from 3.524M – getting low

FOMC Rate Decision Apr 0.25% flat May 1 7:30 AM Challenger Job Cuts Apr 5.7% NA NA -30.2% -

May 1

Initial Claims 04/26 344K up from 329K ---

Continuing Claims 04/19 2771K up slightly from 2674K

Personal Income Mar 0.5% up from 0.4% +  

Personal Spending Mar 0.9% up from 0.5%  +

PCE Prices - Core Mar 0.2% up from 0.1% -

ISM Index Apr 54.9 up from 53.7 +

Construction Spending Mar -0.1%  down from 0.1%---  This was manipulated by the administration by revising February down 0.3% and shifting the 0.3% to March.  So we set it back because they lied either last month or this month and they cannot have their cake and eat it too.

May 02

Nonfarm Payrolls Apr 288K up from 203K  still below the minimum “acceptable normal” level.

 Nonfarm Private Payrolls Apr 273K up from 202K  These two together say Obama hired 15000 new government IRS employees in April for taxes and social medicine..

Unemployment Rate Apr 6.3% down from 6.7% not believable, is actually higher than 15% overall with 26% unemployment of those under 30.

Hourly Earnings Apr 0.0% flat from 0.1%

Average Workweek Apr 34.5 flat from 34.5

 

The Markets

May 2 Putin could be planning to secretly sabotage the free-world internet and precipitate a financial crisis. “Internet WWI” may be about to begin as world international socialism seeks to silence critics who would dare call socialists like Hitler, Stalin, and Putin the egotistical and genocidal monster morons of history that destroyed their nations by rotting them intellectually to the core.  Both had enormous intellectual support from liberals in universities throughout the world. Many students got poor grades if they pointed out the inconsistency, insanity, and genocidal tendencies inherent in the socialist style wealth redistribution systems. 

http://www.reuters.com/article/2014/04/29/us-russia-internet-idUSBREA3S0QF20140429

http://www.bloomberg.com/news/2014-04-29/google-warning-on-russia-prescient-as-putin-squeezes-web.html

 

Apr 30 

The churning of the stock market is the stage before a bear market and the final evidence that an economy is tanking.   Market churning is a conditioning process that keeps investors in as long as possible by punishing investors when they panic and sell at a loss and then see the market go right back up.  It allows the smart money a long period to divest into something else such as rental property or depressed shopping malls or commodities and physical real estate that have already tanked.  They are now getting into physical tangible values and selling their speculative market based values.  At some point near the peak the stock holders that are still in think they are geniuses.  The Obama election crash in 2008 dropped the stock market approximately 60% to a level only 40% of the 2007 and 2000 highs.  The stock market had to rise 60/40= 150% from that Obama low to just get back to where it was in 2000 and 2007 with first Clinton and then Bush before Obama.  In other words all the people who thought they were geniuses in 2000 and in 2007 lost lots of money and at best made absolutely nothing when you subtract out the commissions, taxes, advisors, and other expenses.  People who switched from stocks into bonds each time interest rates were peaking did very well too.   At the future bottom of this Obama depression real estate will be one of the best investments and stocks will be a bargain again.  But right now the world economy is being flushed down

 

Look at the last 1+ years of world trade! Use the graph or snapshot option. Unfortunately they do not show back to 2008 when world trade was five times higher than it is today.

 http://www.bloomberg.com/quote/BDIY:IND/chart

 Look at the volatility index and you see that the market could fall much faster. This market has little volume or volatility.  So when volume picks up past history says the market will plunge.  This is not a good moment in time for holding equities.

 http://finance.yahoo.com/q/bc?s=%5EVIX&t=5y&l=on&z=l&q=l&c=

 World market updates:

http://finance.yahoo.com/intlindices?e=europe

http://finance.yahoo.com/intlindices?e=asia http://in.finance.yahoo.com/intlindices?e=asia

The Bill of Rights of the American Constitution

I.Freedom of Speech, Press, Religion and Petition 

 Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

 

II.Right to keep and bear arms 

 A well-regulated militia, being necessary to the security of a free State, the right of the people to keep and bear arms, shall not be infringed.

 

III.Conditions for quarters of soldiers 

 No soldier shall, in time of peace be quartered in any house, without the consent of the owner, nor in time of war, but in a manner to be prescribed by law.

 

IV.Right of search and seizure regulated 

 The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

 

V.Provisons concerning prosecution 

 No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the militia, when in actual service in time of war or public danger; nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use without just compensation.

 

VI.Right to a speedy trial, witnesses, etc. 

 In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the State and district wherein the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him; to have compulsory process for obtaining witnesses in his favor, and to have the assistance of counsel for his defense.

 

VII.Right to a trial by jury  

 In suits at common law, where the value in controversy shall exceed twenty dollars, the right of trial by jury shall be preserved, and no fact tried by a jury shall be otherwise reexamined in any court of the United States, than according to the rules of the common law.

  

VIII.Excessive bail, cruel punishment 

 Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.

 

IX.Rule of construction of Constitution 

 The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.

 

X.Rights of the States under Constitution 

 The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

From: Richard M. 8:36 AM (1 hour ago). An email I received.

To

  Just letting you know that this directly affects me too!!!  I'm 79.  Please pass it on.  r.m. 

From

Alice and John: Seniors on Medicare (not a joke) 

Dear Family, Friends, Neighbors and former Classmates,

Some of you might ask, "why is he writing this?", others will be very aware of my reason.  I just found myself in the middle of a medical situation that made it very clear that "the affordable care act" is neither affordable, nor do they care. I'll go back about seven years ago to a fairly radical prostate surgery that I underwent. The Urologist (a personal friend) who performed the surgery was very concerned that it was cancer, though I wasn't told this until the lab report revealed it was benign. Since that procedure, I have experienced numerous urinary tract infections, UTI's. Since I had never had a "UTI" prior to the prostate surgery, I assume that it is one of the side effects from surgery,  an assumption since confirmed by my Family Doctor. The weekend of March 8-9, I was experiencing all the symptoms of another bout of UTI. By Monday afternoon the infection had hit with full force. Knowing that all I needed was an antibiotic, I went to an Urgent Care Center in Mesa, AZ., to provide a specimen, a requirement for getting the prescription. After waiting 45 min. to see the Doctor, I started getting very nauseous and light headed. I went to the Receptionist to ask where the bathroom was as I felt that I was going to throw up. I was told that I would have to wait for the Doctor because I would need to leave a specimen and they didn't want me in the bathroom without first seeing him. That was when the lights went out, my next awareness was that of finding myself on the floor (in the waiting room) having violent dry heaves, and very confused. At this point, I tried to stand up but couldn't make it, and they made it very clear they weren't going to let me get up until the ambulance got there. By the way, when you're waiting to see the Doctor and you pass out, you get very prompt attention.

Now, "the rest of the story", and the reason for sending this to so many of you. I was taken to the nearest hospital, to emergency. Once there, I was transported to an emergency examination room. Once I had removed my clothes and donned one of those lovely hospital gowns, I finally got to see a Doctor. I asked "what is going on" I'm just having a UTI, just get me the proper medication and let me go home. He told me that my symptoms presented the possibility of sepsis, a potentially deadly migration of toxins, and that they needed to run several tests to determine how far the infection had migrated. For the next 3 hours I was subjected to several tests, blood draws, EKG's, and demands for specimens. At about 7:30 the nurse came back to my room to inform me that one of the tests takes 1- 2 days to complete, I asked if they could be emailed, at which point she informed me that I wouldn't need them emailed because I wasn't going anywhere. I started arguing with her but was told, "if you don't start behaving, I'll start taking your temperature rectally, at which point I became a perfect gentleman. I did tell her I wanted to see the doctor because I had no intention of staying overnight.  

Now, this is what I want each of you to understand, please read these next sentences carefully. 

The doctor finally came in to inform me that he was going to admit me. I said, "are you admitting me for treatment or for observation?" He told me that I would be admitted for observation. I said Doctor, correct me if I'm wrong, but if you admit me for observation my Medicare will not pay anything, this due to the affordable care act , he said that's right, it won't. I then grabbed for my bag of clothing and said, then I'm going home. He said you're really too sick to be going home, but I understand your position, this health program is going to hit seniors especially hard.  The doctor then left the room and I started getting dressed, I was just getting ready to put my shoes on when another doctor (the closer) came into the room, he saw me dressed and said, "where do you think you are going?" I simply said "I'm going home, to which he replied, quite vociferously, no you aren't. I said, Doc., you and I both know that under the "affordable care act" anyone on Medicare who is admitted to a hospital for observation will be responsible for the bill, Medicare won't pay a cent, at which point he nodded in affirmation. I said, "you will either admit me for a specific treatment or you won't admit me. Realizing he wasn't going to win this one, he said he would prepare my release papers. A few minutes later the discharge nurse came to my room to have me sign the necessary papers, relieving them from any responsibility. I told her I wasn't trying to be obstinate, but I wasn't going to be burdened with the full responsibility for my hospital stay. After making sure the door was closed, she said, "I don't blame you at all, I would do the same thing. She went on to say, you wouldn't believe the people who elect to leave for the same reasons, people who are deathly sick, people who have to be wheeled out on a gurney. She further said, the "Affordable Care Act" is going to be a disaster for seniors. Yet, if you are in this country illegally, and have no coverage, you will be covered in full. This is not internet hype folks, this is real, I just experienced it personally.   

Moving right along, this gets worse. Today I went to a (required) follow up appointment with my Arizona Family Practitioner. Since my white count was pretty high, the follow up was important. During the visit I shared the experience at emergency, and that I had refused to be admitted. His response was "I don't blame you at all, I would have done the same thing". He went on to say that the colonoscopy and other procedures are probably going to be dropped from coverage for those over 70. I told him that I had heard that the affordable care act would no longer pay for cancer treatment for those 76 and older, is that true? His understanding is that it is true. The more I hear, and experience the affordable care act, the more I'm beginning to see that we seniors are nothing more than an inconvenience, and the sooner they can get rid of us the better off they'll be. 

So where do we go from here?  Young or old all Americans will face this sooner or later if something is not done.  Everyone knows people used to come to America from Canada and other socialist countries to get the best medical treatment available on earth.  The way I see it, we have two options. First, go to the polls and vote out every congressman/woman who supported this debacle, republicans and democrats alike.   Remember this was passed by a “Lame Duck” Congress because Americans had already voted many of them out of office and Obama called them back into a “Lame Duck” session in December 2010.  Americans know socialized medicine is inferior and you could die before you get treatment.   The vast majority of the lame ducks didn't even know what was in the bill when they voted for it! Remember, when Nancy Pelosi was asked, "what is in the affordable care act"? She replied, "we have to pass it to see what's in it". Now doesn't that make us all feel warm and fuzzy. As seniors, I think our only other option is to find a pastor who operates like the government does, follow him to a mountain retreat, and drink the Kool-Aid. Where is the Reverend Jim Jones when the government needs him? 

 November is coming folks, we can have an impact on this debacle by letting everyone in congress know that their responsibility is to the constituents, not the president and not the lobbyists. We need to let them ALL know that they are in office to serve and to look after the BEST INTERESTS of "we the people", their employers, and not to become self serving bureaucrats who serve only out of greed. And if they don't seem to understand this simple logic, we'll fire them all.

 Alice and John

 http://www.texasinsider.org/lame-duck-dems-jam-spending-bill-with-6600-aarmarks/ 

http://factsnotfantasy.blogspot.com/2010/11/lame-ducks-threaten-economic-recovery.html 

http://townhall.com/columnists/kenblackwell/2010/12/23/americas_financial_future_our_choice_but_not_for_long/page/full

 

Apr 25 We now have a pack of fools in power who dismiss the American Founding Fathers as racist old white men and so this administration declared a war on the old white men in America. This government is about as incompetent as their buddies who are leading Russia into an economic depression. Racism seems to be the inspiration behind everything this now infamous American government does. Obviously these socialists lack the brain power to lead the world and let the engine of free enterprise do its work. Instead they are into spying on their citizens, infiltrating and monitoring private computers, raiding dissidents who have small businesses, harassing Christians, and intimidating Americans who believe the Founding Patriots gave the world the first and still the only level economic playing field in the world. On a level playing field only the best win and there are no entitlements for political criminals to violate the Constitution and play their dirty tricks on good citizens.

The American housing market is the slowest it has been in seven months.  The number of Americans buying new homes plummeted in March a sign that real estate's spring buying season has faltered.   The U.S. Commerce Department said Wednesday that in spite of the good weather, sales of new homes declined 14.5 percent in March to a seasonally adjusted annual rate of 384,000, the second straight monthly decline and the lowest rate since July 2013.  These are the same signs that were seen in early 2007 before the Obama-Barney Frank liar loan derivative bubble broke and almost broke the dollar in fixed income investments.  The same problem is happening now in the USA and other major economies around the world.  We can only end the Obama World Depression by voting the “ blame Bush” socialists and their incompetent entitlement government out of office and by turning the American dynamo of free enterprise and individual responsibility back on.  When entitlements supplant personal responsibility and personal initiative as with lazy crazy Obama socialism, impoverishment is the only possible outcome. 

Apr 23  The IRS/Obama reputation is non-existent now since it subjected applications for tax exempt status from Christian organizations, historical societies, and independent political party groups and critics to harassment.  But things have gotten even worse at the IRS now.   Obama had hired 20000 more incompetent and unethical IRS agents to handle Obamascare. The Treasury Inspector General for Tax Administration shows that between Oct. 1, 2010, and Dec. 31, 2012, the IRS paid $2.8 million in bonuses to employees cited in the past year for such things as drug use, making violent threats, fraudulently claiming unemployment benefits, misusing government credit cards and failing to pay their own taxes.  More than 1,100 employees who failed to pay their taxes received discretionary awards of more than $1 million in cash bonuses and more than 10,000 hours in extra paid vacation.

At least five employees received performance awards after being disciplined for intentionally under-reporting their tax liabilities for multiples years, paying taxes late and under-reporting income.

http://onlydailynews.com/bonus-season-at-the-irs-wall-street-journal/

http://www.forbes.com/sites/robertwood/2014/04/23/irs-employees-act-up-dont-pay-taxes-but-still-get-bonuses-irs-gone-wild/

Obama censors are interrupting links of critics but this one still worked on April 30, 2014
http://www.cbn.com/cbnnews/politics/2014/April/IRS-Workers-Owing-Back-Taxes-Awarded-Bonuses
 

Apr 22 

The world draws closer to a worldwide Obama induced depression and the possibility of a dispersed world at war without any free-world leadership to stop aggression this time.  With Obama and Putin still in office and Hilary Clinton, the queen of Benghazi running for US president, the next two years will likely be a worldwide disaster.  Communism will likely spread back into previous territories because Obama is demonstrating to the world that even Obama’s American socialism is no better economically for the world than Putin’s socialism.  Israel will likely make a preemptive strike on Iran to knock out Iran’s nuclear capability.  Pakistan may accidentally nuke India if terrorists succeed in hijacking a weapon.  Even the seaports of America could become targets of terrorist nuclear attacks as Obama/Putin socialism and chaos descends on the world.  Obama will of course blame worldwide depression on… as usual George Bush and capitalism not Obama’s two terms of abject incompetence and stupidity working surreptitiously with Putin. The microphones, just before Obama’s last election, picked up Obama assuring Putin in the White House that Putin would need to wait until after Obama’s election for Obama’s help.

Next, Obama and Putin met secretly in the Kremlin to discuss destabilizing Syria.  And then Putin and Obama began to destabilize the Ukraine.  The chaos of international socialism, communism, is descending with Obama and Putin, from all appearances, working together to destabilize the remaining free enterprise nations.    

 

World markets

Apr 24 China's gross domestic product grew in the first quarter at its slowest pace in 18 months.

https://screen.yahoo.com/china-economy-grows-slowest-rate-141611979.html

 

India’s India's manufacturing output in April expanded at its slowest pace in 17 months.

http://online.wsj.com/news/articles/SB10001424127887324266904578458161354945172

 

Apr 23 The smart money in China is selling developed property as the Chinese property market has softened along with the rest of the country's souring economy. Developers are cutting residential prices in small cities as economists warn of overcapacity. Many leveraged property owners are also facing lower returns, slower demand and intensifying competition in a deepening supply glut with tens of thousands of unoccupied units and higher interest rates.  That is exactly what happened in 2006-2007 as the Obama-Barney Frank- Freddie and Fanny liar loan binge began to tank and started the Great Obama Depression.  Obama bailed out all the liars and Holder continues to sue all the victimized banks for discriminating against liars even now after the crisis.  Basically Obama’s and Holder’s racism froze-up the entire American housing industry because no banks want frivolous and evil government lawsuits which this Obama administration uses as an unconstitutional form of harassment.  S&P called their bluff and will take Obama and Holder to the Supreme Court to stop their racist inspired harassment if necessary. 

 

The Russian economy is sinking into recession again as capital is flowing out of the country due to the overwhelming stupidity of socialist leaders everywhere.  Hedge funds are now suing socialist countries that are refusing to refund money for bonds that were guaranteed by their governments.

Apr 23 Emerging-market stocks fell for a third day after a Chinese manufacturing contracted and concern grew that the crisis in Ukraine is escalating. The yuan touched the weakest level in 16 months.  Brazil’s real declined along with most emerging-market currencies on the report since China is Brazil’s biggest trading partner.

Apr 22  Emerging-market stocks fell for a second day as the Obama-Putin secret agreement plays out and Free State of Ukraine shows signs of collapse.  The Obama-Putin secret Moscow meeting last year is reminiscent of the deal the International and National socialists made in 1939 to divide up Europe.  The Molotov–Ribbentrop Pact was the precursor to the invasion of Poland.

http://en.wikipedia.org/wiki/Timeline_of_the_Molotov%E2%80%93Ribbentrop_Pact

http://www.dailymail.co.uk/news/article-2412063/America-Russia-secret-Syria-talks-Moscow-warns-nuclear-catastrophe.html

http://en.wikipedia.org/wiki/Molotov%E2%80%93Ribbentrop_Pact

 

Moslems continue to butcher Christians in the Sudan and Nigeria while Obama presses policy of calling critics of Moslem Jihad, racists.  Several hundred Christian women were taken by Moslems two weeks ago into the Nigerian jungle and now only raped bodies remain.  South Sudanese rebels seized the city of Bentiu last week killed hundreds of Christians seeking shelter there.  The lack of a moral compass in Washington fosters the rise of chaos and terrorism around the world. 

 

The French market has continued to decline since year 2000. At it most recent highs it is still is still down 50% from 2008 and down 60% from 2000.

 http://in.finance.yahoo.com/q/bc?s=%5EFCHI&t=my&l=on&z=l&q=l&c=

 

 Japan’s stock market appears to have topped and begun a new decline. It has declined since 1990 when it began Quantitative Easing.

http://in.finance.yahoo.com/q/bc?s=%5EN225&t=my

 

 The Swiss market still indicates stagnation since 2007. It has hit the highs of 2003 but could not make it to the highs of 2007. Obama has destroyed Swiss banking by attacking Swiss confidentiality that had protected people from the Hitlers and Stalins of the past. The Obama socialists are trying to legally confiscate everything people earn while lining the pockets of their friends with Ambassadorships and $billions in contracts for inept management of socialized medicine. Look for world economies to soar when the socialists are no longer running America.

 http://finance.yahoo.com/q/bc?s=%5ESSMI&t=my&l=on&z=l&q=l&c=

 

 American Economy

Apr 21

Leading Indicators Mar 0.8% up from 0.5% 

Apr 22

FHFA Housing Price Index Feb 0.6% flat from 0.5%

Existing Home Sales Mar 4.59M flat from 4.60M

The U.S. existing-home sales hit a seasonally adjusted peak July2013 and have fallen in seven of the past eight months. High prices, stringent lending standards, and a rise in borrowing costs have been blamed for the slowdown.  Existing-home sales fell 0.2% from February Sales and were down 7.5% in March from a year earlier at their slowest pace since July 2012.

Apr 23

 MBA Mortgage Index 04/19 -3.3% fell from 4.3% ----

New Home Sales Mar 384K fell from 449K ----

Crude Inventories 04/19 3.524M fell from 10.013M 

Apr 24

Initial Claims 04/19 329K up from 304K ---

Durable Goods -ex transportation Mar 2.0% flat from 0.2%

Apr 25

Michigan Sentiment - Final Apr 84.1 up from 82.6  ++

 

The Markets

Apr 25  So far Quantitative Easing is only being reduced by $10 Billion per month from the original $85 Billion increase per month.  The Quantitative Easing, QE will hit zero this summer and then it becomes a Quantitative Contraction, QC,  until the $1 Trillion plus pile of credit is removed from the Treasury Balance Sheet.  It is possible this administration will decide to leave it on the books because the Great Worldwide Obama depression is already starting.  No new jobs have been created in America since Obama took office and the ranks of the permanently unemployed has risen over 10%.  Unemployment among the young remains above 25%.  And still the stock market is at a QE induced high point.  But QC is about to begin.

 

Two new signs of the stock market topping out occurred this week.  First corporations are deceptively reporting revenue and profits by pretending recurring costs can be ignored as special write-offs instead of showing they actually are making no profits at all.  Boeing is doing it by announcing their pensions didn’t really count, much the way Detroit went bankrupt pretending to be solvent by ignoring their employee pensions.

http://news.medill.northwestern.edu/chicago/news.aspx?id=230048

 

Secondly, uninformed investors have all apparently jumped back into the market at its recent highs signaling the market has topped out and smarter investors have sold out to them.

http://www.bogleheads.org/forum/viewtopic.php?f=10&t=137950&p=2038738

 

http://online.wsj.com/news/articles/SB10001424052702304788404579520152382616262?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304788404579520152382616262.html

 

Apr 23  More commentators are beginning to recognize the market top but it usually needs a slow significant contraction to trigger a meltdown.  Every meltdown is different.  The problem is always too much leverage and overvaluation, but the asset class varies.  Who would have know that the Senator Obama-Frank liar loans backed by Fannie and Freddie US mortgage guarantees would be made into leveraged derivatives and were diced and sliced into “tranches” and sold to widows and orphans around the whole world.  That was the cause of the Obama depression that has lasted since 2007.  This depression was pumped up with Bernanke Quantitative Easing that is backed by the full faith and credit of the defaulted Obama-Liar-Loan mortgages.  And Obama to this day says the Liar Loan mortgages were a good thing and he still has Holder sue banks that don’t give loans to eligible people who refuse to disclose their eligibility just to entrap the banks that refuse to loan to them on their “honest” word.  Quantitative easing is what has inflated stock prices and the salaries of corporate executives and is a new bubble entirely.

Apr 22  Leading stock sectors, the very strongest, are being taken down first by amounts usually seen only by the weak companies.  This is not a good sign for what will happen when the selling really begins.  Under communism stocks are worthless because all commerce is run by committees of government hacks.  Many Democrats are beginning to feel betrayed by Obama and there is a growing possibility that a massive electoral rejection of Obama socialism will result in a massive economic recovery if the socialist bums are all thrown out.  Obama’s socialism is no better or worse for an economy than Putin’s International Socialism, called communism.  Obama brings credibility to world communism by destroying the American economy which was under Bush, once the economic engine of the free world. 

 

Look at the last 1+ years of world trade! Use the graph or snapshot option. Unfortunately they do not show back to 2008 when world trade was five times higher than it is today.

 http://www.bloomberg.com/quote/BDIY:IND/chart

 

 Look at the volatility index and you see that the market could fall much faster. This market has little volume or volatility.  So when volume picks up past history says the market will plunge.  This is not a good moment in time for holding equities.

 http://finance.yahoo.com/q/bc?s=%5EVIX&t=5y&l=on&z=l&q=l&c=

 

 World market updates:

http://finance.yahoo.com/intlindices?e=europe

http://finance.yahoo.com/intlindices?e=asia http://in.finance.yahoo.com/intlindices?e=asia

Apr 18 Corruption infiltrates American industry as Obama arranges replacements in corporate hierarchies to boost contributions to socialist candidates by 50% to exceed the coffers of all Republican candidates for the first time in history. Yet in spite of the cash, Obama’s socialists are losing all their elections of late. The corporate thieves that created and sold the Obama-Frank Liar Loan derivatives that caused the collapse in 2007-2008 have all gone unpunished and instead Obama-Holder punished the banks which simply passed their losses on to American investors. Bank of America, once the strongest and most honest American bank, has been punished the most, and still has fines.

Contributions from corrupt corporation executives to socialist candidates have doubled and in some cases tripled.  But voters are no longer buying the socialist propaganda that the economy has improved under Obama-Holder socialism when the unemployment of  those entering the work force stands at 26%, honest corporations such as Standard and Poors are still being harassed for telling the truth, and the corrupt Obama-Holder administration tries to cover-up USSR style harassment and spying on American critics.

 

Pro-Russian protesters in eastern Ukraine refused to give up buildings and disarm, while the  Obama administration does nothing to arm much less defend the pro-freedom government.  The Obama-Holder administration is the best thing that ever happened to world communism, worldwide terrorism and persecution of Jews, Christians, Hindus, and Buddhists.

 

New Jersey Governor Chris Christie plans to turn Obama-Holder administration subterfuge and harassment into a campaign issue.  He has appointed an independent reviewer to investigate any suspected misconduct in both his office and that of the Obama-Holder administration with regard to the George Washington Bridge traffic jams.  It appears the New Jersey Governor’s lines were all tapped and the Obama-Holder administration knew more that was going on than Governor Chris Christie.  The Obama-Holder administration allowed it to happen to smear Governor Chris Christie.  Obama-Holder administration corruption, spying on Americans, and failed socialism will be key issues in the election campaigns. 

New Jersey’s unemployment rate rose by 0.1 percentage point to 7.2 percent in March, the first increase since July 2012, according to preliminary estimates released by the state Labor Department.  New Jersey has been a leading indicator for the economy.

 

World markets

Apr 18  

Ukraine disbanded the army unit that lost six armored vehicles to Russian militants, as Kiev's military reeled from a disastrous attempt to oust separatists in its eastern regions. "The 25th parachute brigade, members had shown cowardice and gave up their weapons.

 

Apr 15

Worldwide bell weather Coke's revenue and profit declined on weak volumes, foreign-exchange headwinds and divestments in the first quarter.

 

The French market has continued to decline since year 2000. At it most recent highs it is still is still down 50% from 2008 and down 60% from 2000.

 http://in.finance.yahoo.com/q/bc?s=%5EFCHI&t=my&l=on&z=l&q=l&c=

 

 Japan’s stock market appears to have topped and begun a new decline. It has declined since 1990 when it began Quantitative Easing.

http://in.finance.yahoo.com/q/bc?s=%5EN225&t=my

 

 The Swiss market still indicates stagnation since 2007. It has hit the highs of 2003 but could not make it to the highs of 2007. Obama has destroyed Swiss banking by attacking Swiss confidentiality that had protected people from the Hitlers and Stalins of the past. The Obama socialists are trying to legally confiscate everything people earn while lining the pockets of their friends with Ambassadorships and $billions in contracts for inept management of socialized medicine. Look for world economies to soar when the socialists are no longer running America.

 http://finance.yahoo.com/q/bc?s=%5ESSMI&t=my&l=on&z=l&q=l&c=

 

 American Economy

Apr 14

Retail Sales Mar 1.1% up from 0.7%

Retail Sales ex-auto Mar 0.7% up from 0.5%

Business Inventories Feb 0.4% flat 0.4% -

Apr 15

CPI Mar 0.2% up from 0.1% 

Core CPI Mar 0.2% up from 0.1% 

Empire Manufacturing Apr 1.falls from 5.6 --

Net Long-Term TIC Flows Feb $85.7B up from $7.3B due to tax collection time

NAHB Housing Market Index Apr 47 flat from 47 -

Apr 16

 MBA Mortgage Index 04/12 4.3% for existing homes up from -1.6% ++

Housing Starts Mar 946K up from 920K ++

Building Permits for future  new homes Mar 990K down sharply from 1018K ----

Industrial Production Mar 0.7% down from 1.2% ---

Capacity Utilization Mar 79.2% up from 78.4%

Apr 17

Initial Claims 04/12 304K up again from 300K  --

Continuing Claims 04/05 2739K down from 2750K  +

Philadelphia Fed Apr 16.6 up from 9.0 +

 

The Markets

Apr 18  

Market churning continues as it appears the top of this market may now have been set and the Obama-Holder quagmire cannot be offset with Obama-Pravda.

 

 Apr 15

Market churning of stocks is a sign of the final phase of the stock market when brokers try to drain every dollar from new investors knowing that the decline will cause them to invest in real estate or education in the future.  The seasoned investor knows that 50% market declines occur about once every seven years and seldom are down 60% or more from the highs.  Market advances seldom go more than 10% higher than their previous highs.  Of course the indices are manipulated by selecting stocks for their index of emerging companies and by dropping mature companies like IBM as they did this past year.  That makes the indexes mirror growth companies not the average stock and therefore the individual investor most study just to keep up with inflation, and work hard to make a profit.

 

 It is almost May the historical time when reality often strikes the stock market, and the current market is weakening.

 World trade still is 80% below pre-Socialist Obama policies of ignorant socialistic policies.

 

 Look at the last 1+ years! Use the graph or snapshot option. Unfortunately they do not show back to 2008 when world trade was five times higher than today.

 http://www.bloomberg.com/quote/BDIY:IND/chart

 

 Look at the volatility index and you see that the market could fall much faster. This is not a good moment in time for holding equities other than depressed commodities.

 http://finance.yahoo.com/q/bc?s=%5EVIX&t=5y&l=on&z=l&q=l&c=

 

 World market updates:

http://finance.yahoo.com/intlindices?e=europe

http://finance.yahoo.com/intlindices?e=asia http://in.finance.yahoo.com/intlindices?e=asia

Obama’s two biggest socialist lies are that 50 million Americans had no healthcare and that America’s free enterprise healthcare is twice as expensive as any other country. First of all, the 50 million uninsured people Obama referred to got welfare, title 19, social security, and free medical treatment at city clinics and American city hospitals. Not only that, but virtually every working class American who enters a convalescent center spends every cent they saved subsidizing the title 19 residents and then of necessity the working class Americans must go on Title 19 themselves for free medical and housing support. That is Obama’s biggest lie, that poor Americans get nothing. The hospitals, clinics, and convalescent homes charge their insured and wealthy American patients two to three times more than what they get in federal title 19 payments so that the insurance companies are already paying most of the cost of uninsured welfare patients because the insurance companies pay double or triple to subsidize the poor residents who pay nothing.

The second biggest Obama lie is the fact that the Obama socialists do not even include the 50 million uninsured Americans who get free healthcare when he computes the cost.  Obama only uses the 50 million insured Americans when he computes his cost based on just the self-sufficient Americans.  To be honest about the cost of American health care you must also divide the cost by all the Americans getting insured, government title 19, or other subsidized or free hospital and convalescent health care.  Obama claimed there were 50 million uninsured Americans in addition to the 50 million working insured Americans.  Since the insured  50 million subsidize the cost of the 50 million Obama says had no health insurance the costs are divided in half.   In other words the truth is the American heathcare cost must be divided by our entire covered population not just the population paying for the total healthcare cost.  That puts the cost of American’s superior healthcare in line with the health care costs of slow and inefficient socialized medicine in western countries and far better than the care in the socialist African, Mideast, Asian and South American nations.  Of course this is the most corrupt American administration in the history of the United States of America and these are Obama’s figures so nothing this administration says can be relied on as truthful or accurate.

 

The third biggest Obama socialist healthcare lie is that Americans will get better care based on the Obama’s fourth lie that currently doctors do not provide preventative healthcare.   American doctors always provided preventative care if you went to them in their offices, public clinics, and public hospitals.  The fact is that more than half the doctors now plan to retire if Obama’s socialized medicine prevails and Obama plans to replace them with nurses and physician’s assistants who only have one third the training doctors get.  Obama claims the training isn’t necessary for preventative care.  How stupid can the Obama socialists be?  Lysenkoism is a term now used to describe the socialist corruption of science with manipulation and distortion of science to reach a preordained socialist conclusion as dictated by their stupid socialist ideology. Obama medical socialism is as stupid as the USSR’s Lysenkoist agricultural socialism.   USSR socialist agricultural stupid-science led to their famine, and America was humanitarian and kept shipping the USSR grain right through their collapse in 1989.  Another cost of American health care is we now send ships, airplanes, and doctors at our taxpayer expense to subsidize health care in poor countries around the world.  Obama stupid-science socialized medicine should be called Obama Crappycare.

http://en.wikipedia.org/wiki/Lysenkoism

http://www.nytimes.com/1981/04/25/world/reagan-ends-curbs-on-export-of-grain-to-the-soviet-union-office.html

http://en.wikipedia.org/wiki/Soviet_famine_of_1932%E2%80%9333

 

But there is a fifth big Obama Crappycare lie that must be exposed.  Obama quickly and quietly fired Health and Human Services Secretary Kathleen Sebelius and tapped White House budget office director Sylvia Matthews Burwell to replace her to cover up the dismal sign-up for Obama Crappycare.  Sebelius touted as a triumph that only 7 million people signed up under the unaffordable Obama Crappycare act exchanges after Obama said 50 million uninsured Americans would get Crappycare for the very first time.   Yet over five million people actually lost their insurance for good free-enterprise American care due to Obama Crappycare requirements.  The lack of sign-ups is not the fault of Obama’s crappy website.  It is just clear evidence that Obama socialists have been lying and disparaging American free enterprise healthcare, and America’s compassion for the entire world’s poor and needy from the very beginning.  Americans are even covertly supplying North Koreans with food and medicine because they are hypersensitive to the world knowing their socialism cannot afford to care for their own people.  The United States of America has compassion and does more than any nation in the world to care for the health and nourishment of all people even when we must do it in secret because radical atheist socialists and Moslem socialists do not want the world to know, America has been helping them.  People are not risking their lives to enter America illegally to get crappycare, they came for good American care.  Perhaps Obama’s Crappycare is the solution to end America’s illegal immigration.  No one in their right mind will ever come to America again with Obama Crappycare.   For the first time in American history the number of American’s giving up their citizenship is now approaching the number seeking American citizenship.

http://www.breitbart.com/Big-Government/2014/02/09/Americans-Renouncing-Citizenship-Up-221-percent-All-Aboard-the-FATCA-Express

 

http://www.cnbc.com/id/101406922

 

Apr 12 Considerable weakness is beginning to show in one stock market cash flow index and the second similar index is showing weakness but still very low volume of trades. Under these conditions an increase in volume could trigger selling. If and when it occurs, a first bottom then a final bottom would take two weeks to two months if the stock market advance were to resume. But from these current highs and the income and balance sheet nonsense that supports the current highs, a new realism could creep in and the market could drop to the lows it was in 2008 again. We need honesty and intelligence back in government and in industry accounting before the stock market valuations can be trusted again.

World markets

In general the world market are anemic due to the ignorant and dishonest belief that nations and people can spend their way to wealth and the belief that dishonest people have that they have been cheated and must cheat to be successful. Likewise it is very human for the most ignorant and poor to actually have self-esteem by avoiding education and training that exposes our ignorance and human poverty.

The French market has continued to decline since year 2000. At it most recent highs it is still is still down 50% from 2008 and down 60% from 2000.

http://in.finance.yahoo.com/q/bc?s=%5EFCHI&t=my&l=on&z=l&q=l&c=

Japan’s stock market appears to have topped and begun a new decline. It has declined since 1990 when it began Quantitative Easing.

http://in.finance.yahoo.com/q/bc?s=%5EN225&t=my

The Swiss market still indicates stagnation since 2007. It has hit the highs of 2003 but could not make it to the highs of 2007. Obama has destroyed Swiss banking by attacking Swiss confidentiality that had protected people from the Hitlers and Stalins of the past. The Obama socialists are trying to legally confiscate everything people earn while lining the pockets of their friends with Ambassadorships and $billions in contracts for inept management of socialized medicine. Look for world economies to soar when the socialists are no longer running America.

http://finance.yahoo.com/q/bc?s=%5ESSMI&t=my&l=on&z=l&q=l&c=

American Economy

Apr 7

Consumer Credit Feb $16.5B getting high $13.7B---

JOLTS - Job Openings Feb 4.173M slightly higher from 3.974M ++

MBA Mortgage Index 04/05 -1.6% getting even worse from -1.2% ---

Wholesale Inventories Feb 0.5% still increasing unsold goods from 0.6% ---



Apr 10

Initial Claims 04/05 300K down slightly 326K ++

Continuing Claims 03/29 2776K down but fiction 2836K

Export Prices ex-ag. Mar 0.5% lower is good0.6% ++

Import Prices ex-oil Mar 0.3% higher is good -0.2% ++

Treasury Budget Mar -$36.9B deficit bad $36.0B -$106.5B--

Apr 11

PPI Mar 0.5% more inflation -0.1% - -

Core PPI Mar 0.6% much higher from -0.2% -- This gives more incentive for raising interest rates.

Mich Sentiment Apr 82.6 up from 81.0++

　

The Markets

Apr 11

It is almost May the historical time when reality often strikes the stock market and the current market is weakening.

World trade still is 80% below pre-Socialist Obama policies of ignorant socialistic policies.

Look at the last 1+ years! Use the graph or snapshot option. Unfortunately they do not show back to 2008 when world trade was five times higher than today.

http://www.bloomberg.com/quote/BDIY:IND/chart

Look at the volatility index and you see that the market could fall much faster. This is not a good moment in time for holding equities other than depressed commodities.

http://finance.yahoo.com/q/bc?s=%5EVIX&t=5y&l=on&z=l&q=l&c=

World market updates:

http://finance.yahoo.com/intlindices?e=europe

http://finance.yahoo.com/intlindices?e=asia

http://in.finance.yahoo.com/intlindices?e=asia