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The Markets are Ripe for a Rally

“The Standard & Poor’s 500 Index hit yet another record high Monday, and some experts say conditions are ripe for the stock market to keep climbing.

The economy and earnings are growing, albeit at a modest pace; inflation is low; and in the wake of Washington’s budget/debt ceiling mess, the Federal Reserve isn’t about to tighten policy, the bulls tell The Wall Street Journal.

“This is the best environment for stocks right now. You don’t have rising interest rates becoming a problem. You don’t have inflationary pressures. You do have earnings growth,” Tim Hayes, chief global investment strategist at Ned Davis Research, tells the paper.

Even the 7.3 percent unemployment rate is a good thing, he says, because the rate is dropping.

When the unemployment rate is above 6 percent and decreasing, the S&P 500 averages annual gains of 16.5 percent, going back to the 1940s, Hayes explains.

Ned Davis Research says stocks also do better when earnings growth is under 5 percent….”

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Your Tax Dollars at Work

Corporate welfare come in many forms, but this is one you might not have expected….

“The fast-food industry is one of the nation’s largest employers of low and minimum wage workers. According to one group, often the industry workers’ pay is not enough and many turn to government programs for assistance. In fact the group calculated the largest of these companies, McDonald’s, cost U.S. taxpayers close to $3.8 billion each year.

According to the National Employment Law Project’s (NELP) newest report, because the fast-food industry pays its workers less than a living wage, U.S. taxpayers must foot the bill in the form of the public assistance programs these workers must use to get by. McDonald’s alone, according to the group, cost taxpayers $1.2 billion last year. Based on NELP’s estimates, 24/7 Wall St. reviewed the annual costs of providing public assistance to low wage employees working at the seven largest publicly traded fast-food companies.

“What this report shows,” explained NELP policy analyst Jack Temple, “is that whether or not you work in the fast-food industry or eat fast-food, the industry is costing you….”

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Bow Down Before the One You Serve

[youtube://http://www.youtube.com/watch?v=GvrHZzgDjGs 450 300] [youtube://http://www.youtube.com/watch?v=5H8G7aotaXQ 450 300]

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Lacy Hunt Ph.D., Economist: The Fed’s Failures are Mounting

“The Fed’s capabilities to engineer changes in economic growth and inflation are asymmetric. It has been historically documented that central bank tools are well suited to fight excess demand and rampant inflation; the Fed showed great resolve in containing the fast price increases in the aftermath of World Wars I and II and the Korean War. In the late 1970s and early 1980s, rampant inflation was again brought under control by a determined and persistent Federal Reserve.

However, when an economy is excessively over-indebted and disinflationary factors force central banks to cut overnight interest rates to as close to zero as possible, central bank policy is powerless to further move inflation or growth metrics. The periods between 1927 and 1939 in the U.S. (and elsewhere), and from 1989 to the present in Japan, are clear examples of the impotence of central bank policy actions during periods of over-indebtedness.

Four considerations suggest the Fed will continue to be unsuccessful in engineering increasing growth and higher inflation with their continuation of the current program of Large Scale Asset Purchases (LSAP):

  • First, the Fed’s forecasts have consistently been too optimistic, which indicates that their knowledge of how LSAP operates is flawed. LSAP obviously is not working in the way they had hoped, and they are unable to make needed course corrections.
  • Second, debt levels in the U.S. are so excessive that monetary policy’s traditional transmission mechanism is broken.
  • Third, recent scholarly studies, all employing different rigorous analytical methods, indicate LSAP is ineffective.
  • Fourth, the velocity of money has slumped, and that trend will continue—which deprives the Fed of the ability to have a measurable influence on aggregate economic activity and is an alternative way of confirming the validity of the aforementioned academic studies.

1. The Fed does not understand how LSAP operates

If the Fed were consistently getting the economy right, then we could conclude that their understanding of current economic conditions is sound. However, if they regularly err, then it is valid to argue that they are misunderstanding the way their actions affect the economy.

During the current expansion….”

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CNN Whistleblower: ‘CNN is Paid by Foreign and Domestic Government Agencies for Specific Content’

[youtube://http://www.youtube.com/watch?v=610L8sp0GLw#t=240 450 300]

“CNN Exposed – Emmy Winning Former CNN Journalist Blows The Whistle: CNN is paid by foreign and domestic Government agencies for specific content…

Perhaps this one of the most important discussion ever regarding Legacy Media manipulation.   We sincerely hope you will take the time to digest the content, think about the ramifications to what is here, and then share the information with others.

This is not a matter of opinion, the CNN stories are documented, attributed and cited.   They are factual.   Everything is verifiable within the embedded links and citations.

Believe it or not, just creating this discussion is risky. We are unable to expand.

Before getting to the CNN Amber Lyon expose’ (which is incredible and troubling) let’s first back up a moment andtake you back to a previous video we shared surrounding recent events.

In this first video from Canada the topic is the Libyan US Consulate Bombing and the US Egyptian Embassy being overrun.   While the topic of Egypt is a ‘component’ of the issue, it is not our central concern.

The central issue is Media Controlled by The Obama Administration, and more specifically CNN – as a VERIFIED tool for propaganda and disinformation.

Within this Canadian video report you will find footage of a CNN story on Egypt and Mohammed Al Zawahiri. It was produced by well-known CNN Journalist Nick Robertson. The entire video is excellent, but the pertinent aspect is at the 1:30 mark.

Why would CNN [or CNNi] refuse to air the Nick Robertson report with Muhammed Al Zawahiri (brother of Ayman Al Zawahiri) that clearly shows the Egyptian uprising was 100% in response to his call for protests for release of the Blind sheik on 9-11.? Why would the “most trusted name in news“, hide the report showing the truth, and instead allow the false narrative to be sold, by them, to the American electorate?

CNN never aired the Nick Robertson report in Egypt because it completely contradicted President Obama and Hillary Clinton’s assertions.   In short, the Robertson report, if aired, would have proved Obama and Clinton were lying.

The Nick Robertson CNN report was filmed on 9/11/12, yes the exact morning of the Cairo embassy protest, and, by coincidence, it would have aired at the exact moment Hillary Clinton and Barack Obama began attributing the Egyptian embassy protest to a “U-Tube Video”.   A U-Tube Video the U.S. Cairo embassy itself was unaware of until 9/9/12.

CNN’s refusal to air the real reasoning for the Egyptian Embassy protest turned assault was intentional protection of President Obama, specifically orchestrated by the CNN News group, at the behest of the White House.   Specific, intentional, lying.

Apparently they have a history of this no-one knew about.   UNTIL NOW…..”

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China Downgrades U.S. Debt

“China’s credit rating agency Dagong has downgraded the U.S. rating from A to A-.

“[T]he fundamental situation that the debt growth rate significantly  outpaces that of fiscal income and GDP remains unchanged,” they warned after President Obama signed a deal to end the government shutdown and raise the debt ceiling.

“For a long time the U.S. government maintains  its solvency by repaying its old debts through raising new debts, which constantly aggravates the  vulnerability of the federal government’s solvency. Hence the government is still approaching the verge of default crisis, a situation that cannot be substantially alleviated in the foreseeable future.”

Dagong is not recognized by the SEC, and it does not have the influence of the big three: S&P, Moody’s, and Fitch.

Not many people outside of China really follow Dagong.

Still, the downgrade appears to reflect China’s deteriorating sentiment toward U.S. governance….”

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Documentary: Spoiler

Given the recent shutdown one can say respectfully that at the very best we have a highly fractured political environment which exudes dysfunction and political embarrassment for our country.

More importantly, i will maintain that political theater is ever more present to try and keep control over the last strong holds of constituency; in order to keep the mantra going that government is working for you.

Here is an interesting claim that the government shutdown was planned. Click here for article.  Let’s us pray this was not the case.

At any rate, the documentary below is a good look at the political scene and why we need a third party that is completely independent of all dross our politicians posses.

Also if your interested in how to fix the system you can watch Patriocracy on Netflix….if i could find it for you i would…perhaps down the road. Here is the official trailer.  Trailer

Cheers on your weekend !

[youtube://http://www.youtube.com/watch?v=GbF5loRF61U 450 300] [youtube://http://www.youtube.com/watch?v=TkVijd9g_Hk 450 300]

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Human Rights Lawyers’ Advisory: Dick Cheney Must Be Arrested for War Crimes if He Enters Canada

 

“Lawyers from the National Lawyers Guild (U.S.), International Association of Democratic Lawyers, European Centre for Constitutional and Human Rights (Germany), Brussells Tribunal (Belgium), International Initiative to Prosecute US Genocide in Iraq (Iraq, Egypt, Spain), Lawyers Against the War (Canada) and Rights International Spain (Spain) are urging Canada to either bar Dick Cheney from Canada – as a person credibly accused of torture – or to arrest and prosecute him on arrival, as required by the Convention against Torture. A letter from Lawyers Against the War (LAW) sent to Canada ’s Prime Minister, Attorney General and Ministers of Foreign Affairs and Immigration has been gravely ignored. 

“It is long overdue for Cheney and other Bush administration officials to be held to account for the high crimes of instituting and implementing the systematic practice of torture. This record of impunity must not be allowed to stand.” Azadeh Shahshahani, President, National Lawyers Guild.

 Torture and war crimes suspect Dick Cheney is scheduled as a keynote speaker at the October 31st luncheon of the Toronto Global Forum, hosted by the International Forum of the Americas .  Should Cheney be allowed to freely enter Canada despite the illegalities involved, civil society groups are planning a rally beginning at 11:00 am on Halloween, Oct. 31st, outside the Metro Toronto Convention Centre.

The Facebook page for the protest can be viewed here….”

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While Your Government Was Shutdown Secret Negotiations Continued on the TPP

“OBAMA SECRETLY SIGNING AWAY U.S. SOVEREIGNTY

Shock plan regulates food, medicine, financial markers, Internet freedom

Despite the government shutdown, the Obama administration has continued secret negotiations to complete what is known as the Trans-Pacific Partnership, or TPP.

The expansive plan is a proposed free-trade agreement between the U.S., Australia, Brunei, Chile, Canada, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

The agreement would create new guidelines for everything from food safety to fracking, financial markets, medical prices, copyright rules and Internet freedom.

The TPP negotiations have been criticized by politicians and advocacy groups alike for their secrecy. The few aspects of the partnership leaked to the public indicate an expansive agenda with highly limited congressional oversight.

Aaron Klein’s “Impeachable Offenses: The Case to Remove Barack Obama from Office” is available, autographed, at WND’s Superstore

A New York Times opinion piece previously called the deal the “most significant international commercial agreement since the creation of the World Trade Organization in 1995.”

Last week, the White House website released a joint statement with the other proposed TPP signatories affirming “our countries are on track to complete the Trans-Pacific Partnership negotiations.”

“Ministers and negotiators have made significant progress in recent months on all the legal texts and annexes on access to our respective goods, services, investment, financial services, government procurement, and temporary entry markets,” the White House said.

The statement did not divulge details of the partnership other than to suggest a final TPP agreement “must reflect our common vision to establish a comprehensive, next-generation model for addressing both new and traditional trade and investment issues, supporting the creation and retention of jobs and promoting economic development in our countries.”

Secrecy

In February, the Open the Government organization sent a letter to Obama blasting the lack of transparency surrounding the TPP talks, stating the negotiations have been “conducted in unprecedented secrecy.”

“Despite the fact the deal may significantly affect the way we live our lives by limiting our public protections, there has been no public access to even the most fundamental draft agreement texts and other documents,” read the letter.

The missive was signed by advocacy groups such as OpenTheGovernment.org, Project On Government Oversight, ARTICLE 19 and the Global Campaign for Freedom of Expression and Information.

The groups warned issues being secretly negotiated include “patent and copyright, land use, food and product standards, natural resources, professional licensing, government procurement, financial practices, healthcare, energy, telecommunications, and other service sector regulations.”

Lack of oversight….”

Full article

Learn more about the TPP here

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Mark Cuban Shits on the SEC; Perhaps the SEC Should Prosecute Real Criminals

“Oct 16 (Reuters) – Flamboyant billionaire Mark Cuban on Wednesday was cleared by a Texas jury of using a private tip to avoid a big loss on his 2004 sale of Internet company shares, in a stinging rebuke for the U.S. government which had accused him of insider trading.

Cuban, 55, the owner of the Dallas Mavericks basketball team, lashed out at the U.S. government and lead prosecutor Jan Folena after the verdict, saying the government had tried to bully him.

“Jan Folena, who represents the United States of America, stood up there and lied,” an angry Cuban told reporters after the nine-member jury read its decision.

“I’m the luckiest guy in the world and I’m glad I could stand up to them,” he said.

Estimated by Forbes magazine to have a net worth of $2.5 billion, Cuban was accused by the U.S. Securities and Exchange Commission of trading on non-public information when he sold his 600,000 shares in Internet search company Mamma.com – worth $7.9 million – and avoided a $750,000 loss.

The SEC brought the civil lawsuit against Cuban in November 2008. A judge dismissed the suit in 2009 but an appeals court revived the case the following year.

Cuban refused to settle the case and went to trial, even though he said on Wednesday that he had spent more on fees for lawyers than the possible fines for admitting to insider trading. He could have faced up to $2 million in fines, his lawyers said.

“It’s personal. You take all these years of my life, it’s personal,” Cuban said.

SEC lawyers rushed from the court after the verdict without making extensive comments. The agency later issued a short statement saying it was disappointed by the outcome….”

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Teach Your Children Well

[youtube://http://www.youtube.com/watch?v=iFDe5kUUyT0 450 300] [youtube://http://www.youtube.com/watch?v=M_hYdywoV_Q 450 300]

 

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Twitter to List on NYSE as Per Bloomberg

“Twitter will list its IPO on the New York Stock Exchange, Bloomberg is reporting.

Historically, tech companies and start ups have gone with NASDAQ, but many have speculated that given that exchange’s recent glitches and Facebook’s IPO mishap, Twitter might look elsewhere….”

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Fitch Puts U.S. Credit Rating on Negative Watch

“This just in: credit rating agency Fitch has revised the outlook for the U.S.A.’s AAA credit rating to negative from stable.

The news comes just as the latest talks in Washington, D.C. over how to raise the debt ceiling and end the government shutdown seem to be falling apart.

“The prolonged negotiations over raising the debt ceiling (following the episode in August 2011) risks undermining confidence in the role of the U.S. dollar as the preeminent global reserve currency, by casting doubt over the full faith and credit of the U.S.,” said Fitch in a press release. “This ‘faith’ is a key reason why the U.S. ‘AAA’ rating can tolerate a substantially higher level of public debt than other ‘AAA’ sovereigns.”

Fitch and Moody’s still rate the U.S. AAA, the highest credit rating on the scale.

S&P, the other of the three key rating agencies, stripped America of its AAA rating back in 2011 during the last debt ceiling crisis, citing political instability as the key driver of the downgrade.

Below is the full text of the Fitch release…”

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The Benefits to Joining the EU

“According to initial government estimates, following Croatia’s accession to the EU on July 1, exports fell by 11 per cent, when compared with the same period in the previous year.

The decline for the month of August alone was 19 per cent, writes Poslovni Dnevnik. During the first eight months of this year, exports were down by 6.3 per cent …”

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