Soothing words of b*** s*** from ‘no-recession ben/fed’ rallies stocks.

In a
certain sense he was correct; no recession; rather, what we have is a
depression. Do you recall all those upside rally points from the
schmooze-fed-talks prior to last crash? What total b*** s*** these
frauds are!

The Inflation Trader: …This retracement came as incrementally more aid

was offered to Greece. However, that financial aid is contingent on
keeping at least a ‘B’ average this semester – just kidding, sort of. As
usual, the aid was too little and with too many conditions to even be
relevant, but even a small sense of taking the kettle off the boil is
welcomed. But the kettle won’t stay off the boil long; this ball has
rolled too far downhill to be pushed back over the summit.… The
history of the Fed, especially in the Greenspan/Bernanke era, has
been to pretend that since they cannot know with absolute certainty
that a bubble is forming, it is best to ignore it completely. This
strategy, of selling policy options with small upside and big downside,
is exactly what they were (selling) yesterday by not making the
language more hawkish (I discuss the notion of monetary policy
“options” in my book. Greenspan was perennially taking big gambles
for small gains). When the bubble – equity, fixed-income, real estate,
or whatever – forms, I suspect they will not have the fortitude to take a
sure, small loss rather than the wager between a small gain or a big
loss.

This is a secular bear market. This is a bull (s***) cycle in a secular bear
market. This is a manipulated bubble as has preceded the prior
crashes with great regularity that the wall street frauds and insiders
commission and sell into. This is a typical wall street churn and earn
pass the hot potato scam / fraud as in prior crashes.

THE FORECASTS:
Harry Dent, Jr.
Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and mid-2013,
especially around early 2011, but if the banking system continues to implode a deep
downturn or depression could begin sometime in 2009 instead of 2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between 2010 and 2012

Russell Napier is the author of the book “Anatomy of the Bear”, a professor at the
Edinburgh Business School and a consultant to CLSA Ltd. which is one of the top
research houses in Asia. Napier’s research indicates (and I paraphrase) that:
The S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800)
The S&P 500 will then undergo a major crash that will see U.S. equity prices bottom at
almost 50% below current levels (i.e. to 400 or less; the Dow 30 to 3800 or less) sometime
around 2014 as Tobin’s “q” drops to 0.3 signaling the end of the bear market, as it has
done at the end of the four largest U.S. market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve Currency

Robert R. Prechter Jr. is author of a number of newsletters and books including “Elliott
Wave Principle” (1978) in which he predicted the super bull market of the 1980s; “At the
Crest of the Tidal Wave – A Forecast of the Great Bear Market” (1995) in which he
predicted a slow motion economic earthquake, brought about by a great asset mania, that
would register 11 on the financial Richter scale causing a collapse of historic proportions;
and “Conquer the Crash: You can Survive and Prosper in a Deflationary Depression”
(2002) in which he described the economic cataclysm that we are just beginning to
experience and advised how to position one’s self financially during that period of time.
Depression is Imminent
The Dow Jones Industrial Average will go down to at least 1000, most likely to below 777
which was the starting point of its mania back in August 1982, and quite likely drop below
400 at one or more times during the bear market.

GOP abandons blockade of banking regulation bill (AP)

‘Debt Like Cancer’ Addressed by Obama Commission on U.S. Debt
Bloomberg | Plan proposes hundreds of billions in tax increases and
spending cuts. Goldman Sachs and Federal Fraud Jacob Hornberger
| The Justice Department didn’t bring its suit with the aim of proving
that the company committed fraud. Goldman Death Fight May
Explain Lloyd's Words: Jonathan Weil BusinessWeek - Jonathan
Weil - April 29 (Bloomberg) -- If we are to take Lloyd Blankfein's word
for it, and that's always a big if, then there must be a lot worse
behavior by Goldman Sachs that has yet to be discovered, beyond
what was publicly unearthed at this week's Senate ... [Well of course
it’s true that fraud among other crimes is pervasive on wall street].
Contagion Getting Worse wall street journal | It’s looking pretty ugly across
the pond this morning. S&P slashes Spain’s debt rating CNNMoney
| Standard and Poor’s downgraded the sovereign debt ratings of Spain
to a lower investment grade status Wednesday, citing “risks to
budgetary position” for the troubled European nation.

(4-28-10) Dow 11,045 +53 Nasdaq 2471 –0- S&P 500 1,191 +7 [CLOSE- OIL
$83.22 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.85
(reg. gas in LAND OF FRUITS AND NUTS $3.08 REG./ $3.26 MID-GRADE/
$3.35 PREM./ $3.08 DIESEL)/ GOLD $1,172 [video] Gold Surges
Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.10 (+47% for
year 2009) PLATINUM $1,713 (+56% for year 2009) / DOLLAR= .75 EURO, 93
YEN, .65 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR
NOTE YIELD 3.77% …..… AP Business Highlights ...Yahoo Market
Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies -
Domestic / International MARKET MANIPULATION AND HOW THE
LATEST BUBBLE-FRAUD PRE-COMING CRASH IS BEING ACCOMPLISHED
3-11-10 6 Theories On Why the Stock Market Has Rallied 3-9-10
[archived website file] Risks Lurk for ETF Investors The bull market
that never was/were beyond wall street b.s. when measured in gold
Property Values Projected to Fall 12% in 2010 Jan 31, 2010 The Week
Ahead: Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010 01-13-10
Forecast for 2010 from Seeking Alpha Contributor THE COMING
MARKET CRASH / CORRECTION 1-28-10 Maierhofer (01-15-10) 11
Clear Signs Economy Sinking Economic Black Hole 1-22-10: 20 Reasons
Why The U.S. Economy Is Dying And Is Simply Not Going To Recover
Current Economic / Fiscal Charts Trendsresearch.com forecast for
2009 1-7-10 Crash is coming! ‘WORST ECONOMIC COLLAPSE
EVER’ Must Read Economic / Financial Data This
Depression is just beginning The coming depression…
thecomingdepression.net MUST READ: JEREMY GRANTHAM’S
QUARTERLY UPDATE 25 January 2010 (850 on the S&P) by TPC The
Next Wave of Collapse is Coming Sooner than you think Sliding Back
Into the Great Recession ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL /
TAKE PROFITS WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com
http://www.albertpeia.com/alresume.htm

Downtown Toronto To Be Transformed Into Locked-Down Police State This

Summer Steve Watson | Free speech zones, airport style checkpoints
and a huge holding facility prepared for G20 Summit. Pro-Illegal
Demonstrator Says Illegals Will Kill Americans with Pickaxes ALIPAC
| A video clip shows an illegal alien supporter in Arizona claiming that
shovels and axes will be used against Americans. Coincidence?
Graham Withdraws Support For Dem Legislation A Week After
Blackmail Charge Lindsey Graham has withdrawn his support for
both the Democrat’s pro-amnesty immigration bill and cap and trade
legislation just a week after ALIPAC Chairman Gheen gave a speech in
which he demanded that Graham come clean on the fact that he is
being blackmailed over his homosexuality. Seize and Liquidate
Goldman Sachs Webster Tarpley | Now that Blankfein‘s public image
 has been soiled by Goldman’s scurrilous and scatological emails, the
time is ripe for the radical reform of derivatives and the zombie banks.
The Economic Recovery Is Moving Along Quite Well – For The Boys Down
On Wall Street If you are part of the Wall Street establishment, the
economic recovery is moving along quite well. Many of the biggest
firms on Wall Street just handed out record-setting bonuses, the Stock
Market has been moving up steadily and the DOW is back up to
around 11,000. Banks Bailed Out By American Taxpayers Are
Paying Us Back By Shorting Our States and Cities North Carolina
Neocon Frank Roche “Inflation Is How We Become Wealthier” Docs
show Goldman willing to bet against own clients Documents released
at a Senate hearing into Goldman Sachs’ role in the financial crisis
show the firm strategizing on how to bet against its clients’
investments.
New York Considers Stealing Organs from Citizens Kurt Nimmo | The state
of New York wants to take the organs of its people without permission.

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com
http://www.albertpeia.com/alresume.htm

Ahmadinejad calls for new world order by Iran, Brazil ISNA | Iran and Brazil
can play a leading role in establishment of a fair world order, said
Iranian President Mahmoud Ahmadinejad. U.S. Nuclear Option on
Iran Linked to Israeli Attack Threat Gareth Porter | A war involving
Iran that begins with an Israeli attack is the only plausible scenario
that would fit the category of contingencies in the document. Iran
slams silence on US nuke threat Press TV | Iranian Judiciary Chief
Ayatollah Sadeq Amoli Larijani has condemned international human
rights groups for remaining tight-lipped on the recent nuclear threat
made by the US against the Islamic Republic of Iran.
Is Iran Really a Threat? With all the current hype about the “threat” from
Iran, it is time to review the record—and especially the significant bits
and pieces that find neither ink nor air in our israel-friendly, Fawning
Corporate Media (FCM).

Cosmic Log: How dino feathers changed - Science editor Alan Boyle's
Weblog: A rare fossil find from China reveals how dinosaurs' feathers
changed as the creatures matured.

BUDGET CRISIS PUTS LOS ANGELES COURT SYSTEM AT RISK ...

ABOLISH THE CORRUPT, ECONOMICALLY WASTEFUL SO-CALLED
 SYSTEM, FROM MY DIRECT OBSERVATION AND EXPERIENCE .
(PREVIOUSLY ARCHIVED) HOWEVER, THIS LATEST
"CALIFORNIA/LA DISTRACTION" REQUIRES ELUCIDATION AS
FOLLOWS:

Response to App. Div. OSC

STATE OF CALIFORNIA ethics complaint
Response to Sup.Ct. OSC
designation of record on appeal
The so-called "order" appealed from.
How embarrassing for the superior court of the state of california!
Typical corrupt banana republic america/california court

Dirty money digitally laundered … a wall street, atlantic city, and american
story … a very bad one and [also see RICO case ] Fraud: It’s
Much Bigger Than Goldman Sachs Regulatory reform debate
obscures key fact: Everybody’s getting money bribes from Wall Street

Blagojevich calls feds 'cowards and liars'…[Yes. This is a rare moment for
one to say that a sleazy hypocrite like blago, who is on corrupt
federale-connected mobster trump’s celebrity apprentice, happens to
be correct based upon facts / reality and my own direct observation
and experience and the law – Don’t forget to include corrupt federal
judges as maryanne trump barry, sam alito, shiff, matz, hall, underhill,
dorsey, etc.. Defacto bankrupt america’s so-called system is
pervasively corrupt and broken] (AP) [Abolish the corrupt, costly,
economically wasteful lifetime extravagantly appointed federal courts
- see RICO case ]

DRUDGEREPORT: Geithner: 'I Never Had A Real Job'… sounds like a

plan!...
Tent City In New York Set Up In Hopes For Elevator Job... camped
out for 3 days for chance at getting an application
GOLDMAN BOSS VISITED WHITE HOUSE AT LEAST 4 TIMES...
GOLDMAN SACHS CEO endorses Dem Banking Bill: 'Wall Street will
benefit'...
GREECE CUT TO JUNK... Doubts intensify... Spreads to Portugal...

Republicans Block Start of Debate on 'Bailout' Bill...

Arizona illegal immigration bill becomes law...
READY TO ARREST...
US generals given baffling PowerPoint presentation to explain
Afghanistan-american mess… sounds like a plan… opium / heroin
production up ... Afghanistan-americanos to launch internet
crackdown...
Stephen Hawking: Aliens exist but don't talk to them -- it's too
 dangerous … might not like us… Oh pshaw! … Human nature, man’s
inhumanity to man? … Such humble beginnings and evolutionary
history … What’s not to like? … Besides, not to worry. With their
advanced technologies that defy human understanding, the aliens
already know you’re here … to stay. So, not to worry. After all, as we
know from that documentary of that same name, ‘Earth Girls Are Easy’
… and then there’s photosynthesis on earth in a very big way also
going for it! ...
Obama Vows Overhaul...
Dems may rush immigration reform effort in Congress...
POLL: 70% of AZ voters favor new law cracking down on illegals...
Hispanics fear profiling...
Small Riot Breaks Out in Phoenix...
White man 'stabbed and beaten to death by his black neighbor'...
Chomsky Warns of Rise of the 'Far Right' in USA...
Faber: Governments Will 'Bankrupt Us'...
GOV'T AT WORK: SEC STAFF SURFED PORN FOR HOURS...
FRAUD! ON TAXPAYER COMPUTERS...
FLASHBACK: Porn surfing rampant at U.S. science foundation...
BLAGO MOVES TO SUBPOEANA OBAMA!
Redactions revealed: Six secrets from supboena request...
Budget crisis puts Los Angeles court system at risk… abolish the
corrupt, economically wasteful so-called court system, from my direct
observation and experience .
Food costs jump most in 26 years...
Greek debt crisis gets worse as EU revises figures... STRIKE
TAKE VAT! VALUE ADDED TAX FOR USA
Obama's GOLDMAN Money Draws Scrutiny...
WILL HE RETURN $994,795 IN CAMPAIGN CONTRIBUTIONS?
Reid dodges questions on Goldman $$$...
EVEN OBAMA'S NEW $100 BILL LOOKS EUROPEAN...
Might as Well Be a Euro...
German troops in Afghanistan call on Merkel to explain why they're at
war...
BIDEN RIPS WALL ST 'GREED'...
GOP DEMANDS RECORDS OF SEC CONTACTS WITH WHITE HOUSE,
DNC, NYT
PAPER: America's disastrous debt is Obama's biggest test...

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com
http://www.albertpeia.com/alresume.htm