Sorry bout that, after that most exhilarating day in the markets I got sidetracked. What is there to report on from the markets? Well the Merkozy meeting was a big zero. AA earnings (and the markets reaction to them) were a dud. LIZ and another downgrade brought nothing. Italy yields over 7% and consumer borrowing spiking were non events also. Even PIMCO's
For those laughing or doubting my central planning comments and my comments in the past that the markets are an unregulated wild west where the sheriffs are all bought and sold, I ask that you read Jesse's Café Américain: Forbes: Regulators and Trustees Suppressing Details on MF Global. "Instead of looking out for MF Global investors – and customers who are still waiting for their money – it looks like regulators and the bankruptcy trustees are busy suppressing information. Instead of full transparency, regulators and the trustees are holding onto crucial details that might tell us all who was asleep at the wheel when the broker/dealer and futures commission merchant (FCM) headed over the cliff."
For you investors I also ask that you listen to "Ann Barnhardt and Warren Pollock have an interesting discussion about the financial crisis, the setting of legal precedent, netting, settlement, and future trends including a possible bank holiday." Jesse's Café Américain: Warren Pollock and Ann Barnhardt Discuss MF Global and a Possible Bank Holiday.
I suggest you read (or at least click and look at the charts) 2012 – THE YEAR OF LIVING DANGEROUSLY - Washington's Blog (This is an old one but worth reading again).
Presidential Election -
STB is going ballistic tonight here -
For those that do not know who Ron Paul is this is a great lesson why. Media cover ups as to his existence are real. Let me prove this to you. First read CBS Reporter Blatantly Excludes Ron Paul From Coverage then see the facts for yourself in Poll Shows Battle For 2nd In Primary; Romney Keeps Lead which still twists Paul's strong 2nd place at 17% and really should be about the battle for third with two tied at 11%.
But then you have to ask, how does he not exist if, "Barely able to move through the restaurant as hundreds of journalists and videographers surrounded him on all sides, Paul ignored the questions being lobbed at him and slowly inched through the restaurant, offering a few autographs to supporters along the way." Media mob chases Ron Paul from campaign stop in New Hampshire - The Hill's Ballot Box.
Strange isn't it. Why don't they want him to exist? Is he that dangerous? Is he so different that real "change" would actually occur? Darn right he's different. A constitutionalist that wants to end the Fed - there could not be a better figure for the white house at this time. We must remove the rubber stamping politicians now or else.
Let's see what Judge Nap has to say - What If "They" Are Lying to Us about Ron Paul? - YouTube
And for those that do not believe there is voter fraud going on, maybe you should read this eye opener - Will Diebold Voting Machines Cheat Ron Paul Out Of 2nd Place In New Hampshire? Alex Jones. Who controls the machines?
Fear mongering, sabre rattling, positioning, call it what you will you should be very concerned about every development surrounding the Iran crisis. "War in the Middle East now appears imminent as the United States, Britain, the European Union, and Israel put the finishing touches on an embargo on Iran – a de facto declaration of war – and warships steam toward the Persian Gulf." Alert: Iran Crisis Headed for World War III Alex Jones' Infowars
Obummer Bashing -
I'm going off here as well - I covered this last week, but you need to hear more (and a lot of it) -
"The President of the United States is trashing the Constitution now day in and day out,” Levin said. Mark Levin: 'We Have a Constitutional Crisis' | CNSnews.com
"Now, the Founding Fathers said this is exactly what's supposed to happen! It's called "the separation of powers," and it's to make sure that things like this do not happen, that an all-powerful executive does not run roughshod over the government." The Lawless Obama Regime - The Rush Limbaugh Show
"If Barack Obama wins in 2012, America is headed for something worse than a failing European-style socialist state, top-rated radio host Michael Savage said on his nationally syndicated show today." Savage: Here’s what America will look like if Obama wins
Did you hear about the secret Halloween party? White House threw secret 'Alice in Wonderland' bash during recession
Police State -
A win for the sheeple? Maybe pissing on a woman in handcuffs was a bit too far and even a court could not allow this one to pass? "A federal judge ruled Monday that a Pennsylvania woman can go forward with her lawsuit claiming that state police pepper sprayed her, doused her in cold water and then urinated on her while she was in restraints, The New Jersey Herald reports. Pennsylvania cops do not have immunity from charges of urine, pepper spray torture - BlogPost - The Washington Post
Chart of the Day -
This is a a tough one, call it a test to see if some of you have been paying attention (like a pop quiz). Can you tell me what's wrong with this picture? (chart link) Hint - in the chart the dollar is soaring, TNX is falling, Gold is falling. Oil and SPX are going up. There is an acceptable two word answer for this question.
GL and GB!