According to a WALL STREET/ NBC NEWS poll,even though the public Is dissatisfied with the direction of the economy and the country,DEMOCRATS are still preferred over Republicans on the Issue.Rasmussen Reports polling says the complete opposite,and are not beholden to SPECIAL INTERESTS.... Which poll would you believe ? The MAINSTREAM MEDIA Is bogus,and cannot be trusted to tell AMERICAN CITIZENS the truth about anything,period ! http://finance.yahoo.com/banking-budgeting/article/108035/gloom-spreads-on-economy-but-gop-doesnt-gain http://www.rasmussenreports.com/public_content/politics/mood_of_america/generic_congressional_ballot [more]
Interesting chart from the Board Of Governors at the Federal Reserve. Commercial and Industrial loans have tanked since the BIG BAILOUT..... more good charts In here too...... http://www.financialsense.com/fsu/editorials/wakefield/2009/1028.html
All that media "spin" Is finally starting to catch up with CNN....... http://www.powerlineblog.com/archives/2009/10/024809.php If all of these MEDIA companies would report the facts,and maybe toss In something truthful once In a while, Instead of trying to SPIN and twist the news to fit their corporate agendas,maybe they would not be In the DIRE STRAITS that they find themselves In now........ what do you think ?? [more]
By Chuck Norris......
Halloween just got scarier – much scarier. [more]
Federal Reserve Runs Our Country Bob Chapman
The International Forecaster
October 23, 2009 The charade in NYC and Washington goes on. There is no question that our government is controlled by the unelected, that lurks behind the scenes or are appointed as bureaucrats to run our country. It was never more evident than when administrations changed last January. Team A replaced Team B, all of whom just happen to be members of the Council on Foreign Relations, the Trilateral Commission and the Bilderberg Group. There is no debate. There is only one plan and that is for one-world government. These are the Illuminists who will Shepard us into final bondage. This is what our government is all about today and has been since WWII.
The heart of the elitist control mechanism is the Federal Reserve and the Treasury Department. Control of our country emanates from these two entities. They control the purse strings of our nation. They allow us to pay for our own destruction. This is achieved by taxation and debt. The system in place has been used for centuries to keep control over people. The elitists want total power over us and all the inhabitants of the world. [more]
After a disappointing rejection from Europe on It's AWARD WINNING vaccine,the stock takes a nosedive. At $1.24 per share It might be safe to wade Into the water a little bit. The company Is not a one trick pony. The company also produces an ADJUVANT that Is a major binder In many vaccines that will be going through the approval process. The product Is called QS-21, and It is In many of the vaccines being brought through the regulatory process right now. http://www.antigenics.com/news/factsheets/qs21.pdf Their partners Include Glaxo, Wyeth,Aventis,Progenics,and Elan.... This stock was just added to my "Pennies from heaven" portfolio as a (speculative buy). There cancer vaccine (ONCOPHAGE) was awarded the BEST THERAPEUTIC VACCINE In 2009. There are many possible Indications where this drug may be effective,this could be just a temporary setback for this little dynamo... http://www.antigenics.com/ TS [more]
Department of Justice Thursday, October 22, 2009 More Than 300 Alleged La Familia Cartel Members and Associates Arrested in Two-Day Nationwide Takedown“Project Coronado” Results in Nearly 1,200 Arrests During 44-month Operation, Seizures of Approximately 11.7 Tons of Drugs and $32.8 Million in U.S. Currency
WASHINGTON – Today Attorney General Eric Holder announced the arrest of nearly 1,200 individuals on narcotics-related charges and the seizure of more than 11.7 tons of narcotics as part of a 44-month multi-agency law enforcement investigation known as "Project Coronado." The Attorney General was joined in announcing the current results of Project Coronado by DEA Acting Administrator Michele M. Leonhart, FBI Director Robert S. Mueller III and ATF Acting Director Kenneth E. Melson. [more]
Tunnel vision Is what we are currently experiencing with regard to the national debt. We CANNOT keep printing money forever. The walls are closing In sooner than you think..... http://finance.yahoo.com/techticker/article/358462/Why-Our-Massive-Debt-Will-Kill-Us-in-the-End
This Is what they should have focused on In the beginning,Instead of bailing out the banks..... Obama to refocus bailout on small businessesBy JULIE PACE and JIM KUHNHENN, Associated Press Writers Julie Pace And Jim Kuhnhenn, Associated Press Writers – 2 mins ago
WASHINGTON – President Barack Obama is set to unveil plans to refocus spending of the government's $700 billion financial bailout away from big financial institutions and toward small businesses. [more]
The American taxpayer bailed them out,they thumb their noses at their customers,and the government..... http://www.msnbc.msn.com/id/33391452/from/RSS/
It looks like Deja Vu all over again for the markets... Investors must have selective amnesia. How soon we forget the transgressions of the past.... October 2007 Shows Us How This Rally Ends By Ron Coby Monday October 19, 2009 Crisis,what crisis?
As I scroll through hundreds of charts, I continually see that markets are right back to where they were before this credit crisis began. [more]
The real numbers are not being used. Just more smoke and mirrors. The stock market Is soaring In the face of reality. This market Is In LA LA Land......
The real 2008 federal budget deficit was $5.1 trillion, not the $455 billion previously reported by the Congressional Budget Office, according to the 2008 Financial Report of the United States Government released by the U.S. Department of Treasury, Jerome Corsi's Red Alert reports. [more]
Everone that has seen the new "DROID" phone cannot stop talking about It....... this three way effort between google,verizon,and motorola could give Apple's i phone a run for the money. I recommended motorola when EVERYONE was dissing them. I believe they were either 1 or 2 stars In CAPS at the time,(MAY 1st) and their still at 2 stars. The stock Is up 42% since my REC,and they will be up another 40% In the next 6 months........ http://www.washingtonpost.com/wp-dyn/content/article/2009/10/18/AR2009101800621.html TS [more]
chio @ 1.30 arwef.pk @3.55 ccel@ 2.14 ncs@ 3.12 wemu.ob@ 4.39 nanx@ 1.12 supg@ 2.58 bcon@ .73 lxrx@ 1.57 mpet@ 1.40 dylt @ .43 LGDI @ .85 Actually supergen and lexicon are rateable,the rest are not. I will add to my list(s) here or with topsecret10...... This the OFFICIAL start of my "Pennies from heaven portfolio." All start at outperform,with Strong Buys on CHIO,SUPG,LGDI,LXRX........ TS [more]
Even people In Ireland have noticed......... http://www.irishtimes.com/newspaper/finance/2009/1002/1224255669522.html let me know If there are any Big Foot sightings,or possibly the Loch Ness Monster reappearing...... TS
From an article this past summer.... also, Iran announced today that It Is completely removing the dollar from all currency exchanges,In favor of the EURO.... http://www.thetrumpet.com/index.php?q=6347.4807.0.0 TS
We have officially entered the TWLIGHT ZONE. OIL, GOLD, BONDS, and the stock market hitting the high notes AT THE SAME TIME !!!!!!! http://www.financialsense.com/Market/wrapup.htm and this has a lot to do with it.......... http://www.google.com/hostednews/ap/article/ALeqM5jfvuIIBuaFczez51_UfpmygSYSDgD9BBP83O0 [more]
Sorry,to all of you senior citizens out there that helped America become what It Is today, but we really had to give all of your money to Goldman Sachs,and the rest of the banks,that way they can keep trading In DARK MARKETS,and continue to pay bonuses to all of their employees. Next year we might be able to give you a small cost of living Increase If all of our banks stay healthy... Sincerely,YOUR FEDERAL GOVERNMENT......... http://www.msnbc.msn.com/id/33324352/ns/business-personal_finance http://www.cbsnews.com/stories/2009/07/08/cbsnews_investigates/main5145164.shtml [more]
There are many fools that have high opinions on "Fertilizer companies", and In my opinion there Is a little company that Is still flying under the radar that could be a real sleeper. Some of you that have followed my posts on this company (not very many I presume) might already realize that this could be a multiple bagger. Obviously the well known fertilizer companies sell for a "pretty penny", while this company http://www.lgdi.net/ literally sells for pennies... Here Is an article from forbes posted TODAY http://www.forbes.com/2009/10/09/fertilizers-phosphate-potash-markets-equities-agriculture.html?feed=rss_markets With this stock currently trading at 89 cents,a case could be made for at least a small Investment considering the risk/ reward scenario In making this trade. The company has 100 million In cash and ZERO debt. There are MANY sharp fools on this website,and I have profited using some of their RECS. I hope that this Is a case where I can return the favor IN SPADES....... I recently emailed the company and asked some questions regarding just how much capital that It was going to take to get this operation Into production.... The President of the company was kind enough to email me back,and I will actually be talking to him early next week by phone. I hope that you will stay tuned for some more updates. I am anxious to hear what he has to say... TS [more]
Ben Patterson: The Gadget HoundBlogBioEmail Email Alerts Report: Android will leapfrog the iPhone by 2012
Thu Oct 8, 2009 10:02AM EDT [more]
Wait for benefits is 3 years if health care passes WASHINGTON – Sixty years is how long Democrats say they've been pushing for legislation that provides health care access for all Americans. They'll have to wait another three if President Barack Obama gets a bill to sign this year.
Under the Democratic bills, federal tax credits to help make health insurance affordable for millions of low- and middle-income households won't start flowing until 2013 — after the next presidential election. But Medicare cuts and a sizable chunk of the tax increases to pay for the overhaul kick in immediately. [more]
Trends chief says people should brace for 'the greatest depression'
A trends forecaster says the current economic "rebound" from last winter's Wall Street collapse of banks, insurance companies and automobile manufacturers is an artificial blip created by 'phantom money printed out of thin air backed by nothing." [more]
Jim Rogers says that silver and palladium will outpace gold....
ETFS Silver Trust 10/09/2009 4:00PM ET$17.73-$0.06-0.34%At A GlanceChartNewsPeopleFull SIVR Chart at BATS Real-Time Market Data by Xignite
Although gold has dazzled with its recent record-breaking, its year-to-date rise is just a third of silver's gains, Barclays Capital analyst Suki Cooper said in a Thursday note. Both silver and palladium have soared alongside gold to 14-month highs this week but prices are still more than 60% below their record levels. That's why famed commodities investor Jim Rogers sees the near-term as the time for silver and palladium to shine. [more]
Given the recent move to new highs In gold........... http://www.financialsense.com/Market/wrapup.htm
Does Obama deserve the Nobel Peace Prize? U.S. President Barack Obama has won the 2009 Nobel Peace Prize. The Norwegian Nobel Committee said Obama had been awarded the prize for his calls to reduce the world’s stockpiles of nuclear weapons and work towards restarting the stalled Middle East peace process.
The committee praised Obama for “his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.” [more]
Dooh!!!!!! I thought the "GREEN SHOOTS" had already sprouted,and the recession had ended ??? Obama, Lawmakers, Weigh New Steps to Spur Economy. U.S. President Barack Obama met on Wednesday with the two top Democrats in Congress to discuss ways to spur the economy and reverse a climb in the U.S. unemployment rate, which is now at a 26-year-high.
Tax cuts for businesses that hire new workers was one idea that came up in the White House meeting, according to a congressional source. [more]
http://www.mrc.org/biasalert/2009/20091005025345.aspx Who does trust the media?... In addition to Democrats,non-whites,and those with a high school education or less....... and you wonder why the same worthless members of congress keep getting elected, as the Media outlets push there political agendas onto the public. This helps to explain that....... TS [more]
October 05, 2009 Marx and Lenin Revisited
By Paul Craig Roberts [more]
Oct. 5 (Bloomberg) -- The Federal Reserve should be forced to identify companies that received loans from the central bank because it can’t demonstrate that borrowers would be harmed by the disclosure, according to lawyers who won a Freedom of Information Act lawsuit.
There’s nothing proprietary in the details sought by the Bloomberg News unit of Bloomberg LP, the New York-based company majority-owned by Mayor Michael Bloomberg, attorneys for the company said today in court papers. The filing by Bloomberg opposes the Fed’s request for a court to halt disclosure of information while an appeal proceeds. [more]
Nazism and socialized medicine
Posted: October 05, 2009
1:00 am Eastern Joseph Farah
Don't you dare point out in polite company that socialized medicine in Germany provided the mechanism for the Holocaust. [more]
Today, the former Fed chairman told George Stephanopoulos that the U.S. economy was “getting close” to the point where it would stop losing jobs. Fantastic, but I have a couple questions: Why is Alan Greenspan still being asked about the economy, and what does it take, exactly, to become a discredited figure in this country? If epically failing as Greenspan has failed doesn’t get him permanently banned from the Sunday morning talk shows, what does he need to do in order for people to stop asking his advice?
When Greenspan took over at the Fed in 1987, the total outstanding US home mortgages stood at just $1.82 trillion. During subsequent years, that figure increased exponentially. By 1999, the total outstanding mortgages in the US was $4.45 trillion. By 2004, it rose to $7.56 trillion, and by 2005, the home mortgage debt was $9.1 trillion. Some called this trend a “bubble,” but not good ole’ Alan. [more]
Why don't any of the Obama administration's financial reforms help middle-class Americans? The Obama administration, which has spent much of the past year bailing out banks and protecting the markets, has done shockingly little to help the middle class that has borne the brunt of the financial meltdown. Two acts are particularly revealing. First, the administration failed to go to the mat to give judges the power to reform mortgages in the bankruptcy context. The administration barely winced as the Senate caved to the banks on this critical issue, risking no political capital to protect one of the few reforms that could have totally transformed the mortgage crisis. As the foreclosure wave continues, and as adjustable-rate mortgages hit reset points that are going to cause havoc for millions of additional families, this failure of political leadership by the administration stands as one of the early warning signs that things were amiss. The second act is the recent—equally difficult to understand—concession to the banks, allowing them not to be required to offer what are called "plain vanilla" mortgages and other products to consumers. These products are simpler, more understandable, less ridden with fees, and less prone to long-term risk than most of what banks try to sell consumers on a regular basis. These are the very products consumers need. Trillions of dollars of taxpayer infusions—direct cash, loan guarantees, capital purchases, policies to keep banks' cost of capital at virtually zero—have kept the banks afloat. It is amazing that the administration didn't leverage these infusions to negotiate these two simple policies that would have made banking more sensible for the middle-class Americans whose tax dollars have bailed out the banks.
The administration's failure on these two policies is symptomatic of its larger failure of vision when it comes to banking reform. The administration has spent more time worried about the musical chairs of regulatory jurisdiction than it has asking fundamental questions about what banks should be doing, what we should expect in return for the vast sums we have invested in the banks, and how discomforting it is that the banks—in an effort to forestall these very questions—are already trying to assert that things have reverted to normal. It's worth recalling that the greatest impact of the New Deal was not the money spent on particular programs but, rather, the fundamental restructuring of the banking and securities sector that President Roosevelt imposed over the objections of business leaders. [more]
USCIS Prepares To Legalize Millions Of Illegal Immigrants
Posted on Saturday, October 03 @ 02:17:15 EDT
Topic: Barack Obama Campaign for President Under the direction of a Clinton official who orchestrated the pardon of a major-league drug trafficker, the federal agency that oversees lawful immigration is preparing to legalize millions of illegal immigrants.
U.S. Citizenship and Immigration Services (USCIS) is getting ready for the huge influx of applications that will bombard the agency when President Obama’s plan to legalize the nation’s estimated 12 million illegal aliens becomes law, according to a major newspaper report.
October 2, 2009
The agency’s director, Alejandro Mayorkas, says his goal is to be ready to expand rapidly in order to handle the massive increase in visa applications under Obama’s comprehensive immigration reform plan. As the Homeland Security agency responsible for overseeing lawful immigration and granting visas, USCIS is equipped to handle applications from about 6 million immigrants a year.
If Obama’s amnesty measure comes to fruition USCIS could receive that many applications in just a few weeks, according to Mayorkas, who recently distributed $1.2 million in grants to help migrants adjust in America. In order to efficiently handle the increase, Mayorkas is implementing several measures to process applications faster. Among them is a method of receiving visa forms in the mail and another that allows illegal aliens to start the legalization process through a simple mail-in registration form.
One high-ranking Republican lawmaker points out that the agency is risking national security by neglecting its current workload, which includes thorough background checks of visa applicants, to focus on preparing for legislation that hasn’t even been introduced. While this is a valid point, consider who’s running USCIS.
A Clinton U.S. Attorney in California, Mayorkas resigned in shame after arranging the pardon of an Argentine drug dealer serving a 15-year prison sentence for operating a monstrous cocaine ring. The convicted felon, Carlos Vignali, is the son of a wealthy political donor (Horacio Vignali) who convinced influential community leaders—mostly recipients of his generous contributions—to advocate for his son’s pardon.
Mayorkas’ intervention was the most crucial and by far carried the most weight, Clinton officials later revealed. Vignali was one of 140 pardons and 36 commutations that Clinton granted during his last hours as president. Outraged federal prosecutors in Minneapolis, where Vignali was convicted for trying to sell 800 pounds of cocaine, said Mayorkas called them several times inquiring about the case. The Minneapolis federal prosecutors subsequently wrote the Justice Department strongly opposing the commutation but were ignored.
A congressional investigation into Clinton’s last-minute pardons blasts Mayorkas for intervening on behalf of Vignali, pointing out that senior law enforcement and political officials should have been precluded from supporting a commutation for such a criminal.
When Obama named Mayorkas to head the USCIS earlier this year, he conveniently omitted the scandals of his past and instead boasted about his credentials as a prosecutor of public corruption, organized crime and civil rights violations. No mention of getting a serious felon pardoned while serving as U.S. Attorney. [more]
Is the Liberal Moment Over? That's the question Byron York asks, based on Gallup poll results indicating that most Americans are back to wanting the government to promote "traditional values" rather than "not favoring any particular set of values." That preference has generally existed over the last 20 years, but the balance swung away from "traditional values"--which means whatever the poll respondent has in mind--beginning in 2005.
Byron argues that this is more evidence that the Democrats have badly misread their mandate: [more]
What Is the FED hiding ?
While the ACORN scandal involves tens of millions of taxpayer dollars…some other videos that examine what has happened to trillions of dollars involving the Federal Reserve have become increasingly popular. [more]
As we continue to hemorrhage jobs,all the talking heads are declaring "the worst Is over",we have hit bottom..... Have we ? What do you think ? http://www.financialsense.com/fsu/editorials/cherniawski/2009/1002.html TS
Geithner Says Recovery Signs Are ‘Stronger’ Than Expected LOL !!!!!!!!! WHERE'S THE JOBS !!!!!!!
Oct. 3 (Bloomberg) -- Treasury Secretary Timothy Geithner said signs of economic recovery are “stronger” and have appeared “sooner” than expected, while reiterating it’s not yet time to roll back stimulus programs. [more]
October 2, 2009Obama Jobs Deficit a New Record, Againby J.D. Foster, Ph.D.WebMemo #2638
Another month under President Obama, another 263,000 jobs lost. It was not supposed to be this way. Barack Obama promised America that, if elected President and given control over the nation's economic policies, he would create 3.5 million jobs, beginning with the enactment of a massive economic stimulus package. Today's release of dismal employment figures by the Department of Labor show that the nation is still waiting. [more]
50 stocks to buy in October StockScouter rating appears below each stock. MSN Money's stock-picking tool, identifies companies capable of sustaining momentum as the economy lifts out of the recession.Every day, more people get real-time traffic alerts and turn-by-turn directions on their mobile phones, a disorienting development for Garmin (GRMN, news, msgs) and other makers of traditional GPS receivers.
More on the Global Positioning System [more]
Texas begins $3 billion quest to cure cancer Buzz up!156 votes Send Email IM Share Delicious Digg Facebook Fark Newsvine Reddit StumbleUpon Technorati Twitter Yahoo! Bookmarks Print AP – Dr. Tyler Curiel, executive director of the Cancer Therapy & Research Center at the University of Texas … Play Video Energy & Oil Video:Natural Gas Rates Coming Down KDKA Pittsburgh Play Video Energy & Oil Video:Easton is going green WWL-TV, Channel 4 New Orleans Play Video Energy & Oil Video:West Bank village gets own energy source AP By PAUL J. WEBER, Associated Press Writer Paul J. Weber, Associated Press Writer – Fri Oct 2, 2:31 pm ET
AUSTIN, Texas – Texas gave birth to the modern oil industry, invented the handheld calculator and sent man to the moon. But can the Lone Star State cure cancer? [more]
Detroit: Too broke to bury their dead,money to bury Detroit's poor has dried up, forcing struggling families to abandon their loved ones in the morgue freezer.
Unclaimed bodies piling up in the Detroit morgue.
DETROIT (CNNMoney.com) -- At 1300 E. Warren St., you can smell the plight of Detroit. [more]
Analyst: Expect Dem Obamacare trickery
Suggests maneuver will allow simple majority vote on health industry takeover.
An analyst whose responsibilities include working with members of the U.S. Senate for The Heritage Foundation is suggesting that U.S. lawmakers are so intent on passing President Obama's "comprehensive health care reform" that they will use procedural maneuvers and trickery to accomplish it. [more]
Sanofi CEO to Shop for Biotech, Vaccine, Nonprescription Deal
Sept. 30 (Bloomberg) -- Sanofi-Aventis SA will continue “shopping” for acquisitions to build its vaccine, biotechnology, and nonprescription medicine businesses, as well as expand in emerging markets, Chief Executive Officer Chris Viehbacher said in an interview. [more]