…Higher oil prices … and Durable goods orders falling 1.

3% rallies stocks
… They say ‘the economy is improving, with home sales up, jobless
claims down and inflation tame. Yet there are concerns the economic
rebound won't get much juice from the housing market, which is being
fueled by government tax breaks … (AP)’ and the REALITY:
FORECLOSURE SALES UP MORE THAN EXPECTED, TAX BREAKS
THOUGH THE NATION’S DEFACTO BANKRUPT, AND GOVERNMENT
FUDGING DATA, FDIC shuts down 7 banks in Illinois – AP FDIC:
Failed Bank List , Vincent … ‘There is also the possibility of a false
upside breakout that sucks in the last of the sideline money before a
more substantive correction begins, with Greece providing the news
rationalization for a technical correction ...’ Goldman probe a
smokescreen to divert attention from financial crisis The Jakarta Globe
| A top Asian fund manager said on Wednesday the civil fraud
allegations against massive Wall Street bank Goldman Sachs was a
smokescreen to divert attention from the financial crisis in the United
States. Dodd Bill Would Allow Fed To Hide Its Spending Ryan Grim |
The Wall Street reform bill headed for a test vote on the Senate floor
Monday night will allow the Federal Reserve to continue to pump
trillions of dollars into major banks largely in secrecy. SEC staffers
watched porn as economy crashed CNN | As the country was sinking
into its worst financial crisis in more than 70 years, Security and
Exchange Commission employees and contractors cruised porn sites
and viewed sexually explicit pictures using government computers.
Alan Grayson Discloses That Dodd Bill Covertly Eliminates Already
Passed Legislation Requiring Full Fed Audit Once again we get
confirmation that Chris Dodd is nothing but a paid manservant for his
Federal Reserve masters, in addition to being a lame duck, whose last
days in office are meant to do everything to allow the old-school Wall
Street ways of endless secrecy and Fed bailouts to continue in
perpetuity.

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.

(4-23-10) Dow 11,204 +70 Nasdaq 2530 +11 S&P 500 1,217 +8 [CLOSE- OIL
$85.13 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$2.85 (reg. gas in LAND OF FRUITS AND NUTS $3.11 REG./ $3.26 MID-
GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,153 [video] Gold
Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER
$18.20 (+47% for year 2009) PLATINUM $1,739 (+56% for year 2009) /
DOLLAR= .74 EURO, 93 YEN, .65 POUND STERLING, ETC. (How low
can you go - LOWER)/ 10 YR NOTE YIELD 3.82% …..… 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!

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Obama = Wall Street? Celente on Corruption and Gambling in Finance

Barack Obama has traveled to New York to deliver a speech to Wall
Street asking for the support of his Financial Reform bill. But will his
proposal bring the change needed to fix the problems that helped
cause a financial crisis in the first place? American Kleptocracy It’s
hard to miss these days. The headlines tell the story — repetitively.
Everyone, it seems, is on the take. The Securities and Exchange
Commission has charged Goldman Sachs with securities fraud for
creating and selling “a mortgage investment that was secretly
intended to fail” — and then betting against its own customers.

Galbraith: Economists Should Move into Background, and “Criminologists

to the Forefront” Washington’s Blog | Banks knew that the taxpayers
would bail them out when things went bust.
YOUR TAX DOLLARS AT WORK: Report says 33 SEC staff members
viewed pornography at work Washington Post - By Ed O'Keefe -
Dozens of Securities and Exchange Commission staff members used
government computers in the past five years to access and download
pornographic images, according to a summary prepared by the
agency's watchdog. Video: SEC Faces Porn Scandal CBS
Workers Punished in SEC Porn Flap Wall Street Journal
With SEC charges, Goldman Sachs's reputation is tarnished Washington
Post - Felix Salmon On May 4, 1999, Henry Paulson rang the opening
bell at the New York Stock Exchange, and Goldman Sachs became a
public company for the first time in its 130-year history. Goldman's
Blankfein Sued by Investors Over SEC Claims BusinessWeek
TAKE-A-LOOK-Goldman Sachs faces fraud charges Reuters

Microsoft pulls faulty patch, plans re-release Apple deservingly exceeds

microsoft market cap, though all stocks are over-valued.
Food Prices Surge Most In 26 Years The big story in the March PPI was
wholesale food prices, which rose 2.4%, matching the biggest gain in
26 years. Prices of fresh and dried vegetables soared 49.3%, the most
in 16 years. Prices of seafood, meat and dairy goods also rose. But
prices of processed foods were unchanged.

Clinton Advisor: Reno Threatened To “Tell The Truth About Waco” If Not
Reappointed To Office A close advisor to Bill Clinton during his White
House tenure dropped a bombshell this week on the seventeenth
anniversary of the Waco siege. Steve Willis, Robert Williams, Todd
McKeahan & Conway LeBleu: Died Feburary 28, 1993 by gunfire at
Waco. All four were examined by a pathologist and died from identical
wounds to the left temple. All four had been body guards for Bill
Clinton, three while campaigning for President and when he was
Governor of Arkansas.They also were the ONLY 4 BATF agents killed
at Waco.

Bombshell: Silverstein Wanted To Demolish Building 7 On 9/11 A Fox News

hit piece against Jesse Ventura and the 9/11 truth movement written
by former Washington D.C. prosecutor Jeffrey Scott Shapiro
inadvertently reveals a shocking truth, that World Trade Center
leaseholder Larry Silverstein, who collected nearly $500 million
dollars in insurance as a result of the collapse of Building 7, a 47-story
structure that was not hit by a plane but collapsed within seven
seconds on September 11, was on the phone to his insurance carrier
attempting to convince them that the building should be brought
down via controlled demolition. Silverstein Was Calling Lawyer To Get
Double Insurance On WTC On The Evening Of 9/11 It is worth noting
that already on the evening of 9/11, Silverstein was calling his lawyers,
to see if he could make a double claim on his WTC insurance policy.

Libertarian photographer sues Dept. of Homeland Security after arrest for

filming courthouse protest New York Daily News | His lawsuit says
that even though he was standing in a public plaza next to the
courthouse, an inspector with the Federal Protective Service told him
he was under arrest. Alzheimer’s drugs cause brain damage and
actually worsen memory loss S. L. Baker | Big Pharma drugs
promoted as potential treatments for Alzheimer’s disease (AD) could
cause the very brain damage and memory loss they are supposed to
treat.
Greece's budget deficit worse than first thought

75% of Americans still blame Bush for the economy Raw Story | But the
blame Obama chorus is beginning to rise, as the poll shows (particularly
since war spending / spending / deficits have risen) . IMF highlights
sovereign debt risks What's the matter with Arizona? Arizona is
“turning into a punch line,”[dinosaur mccain, SNL revivalist palin, etc.] one
of the state’s newspapers reported Friday after surveying the latest global
commentary about the state featuring choice phrases such as “wingnut
paradise,” “nuttiest legislative body,” “America’s dumbest state,” and
“blazing a trail into the fringe.” It was hardly news to Arizonans, though.
Last fall, the state’s governor, Jan Brewer, was caught on video in Tucson
expressing her “great relief, to say the least, to get out of that hellhole in
Phoenix."… Read more:
http://www.politico.com/news/stories/0410/36258.html#ixzz0lz0s3dVR

Slimy newt gingrich: Tea Party Will Become “Militant” Faction of

Republican Party Kurt Nimmo | Neocon Gingrich continues
Republican effort to marginalize and denigrate the Tea Party
movement.

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http://www.shtfplan.com/forecasting/gerald-celente-says-this-is-among-his-most-
important-trends-ever_04192010 The world’s top trend forecaster, Gerald Celente, who has
been publishing the Trends Journal since 1991, says his Spring 2010 report is one of the
most important Trends he’s ever published:

“Of all the Trends Journals® I have published since 1991, this issue stands
apart. Were I to rank it, I would say it is among the most important. The
United States is on a path that, if not diverted, will lead the world into the
first “Great War” of the 21st century.

This is not fear-mongering, “pessimism porn,” or hyperbole. Though the

historical and external circumstances are so different that similarities are
not easily discerned, the policies currently being pursued by the “great
powers” are very much the same as those followed by other doomed
Empires past.

Mired in debt and sinking deeper, America’s reckless domestic spending

and engagement in expensive, drawn-out, unwinnable wars is
characteristic of other empires in their waning days. In the past, the last-
ditch attempt to preserve power was to wage more war.”

Mr. Celente describes the various hot spots and flashpoints around the globe, mostly
focused on the middle east, including Pakistan, Afghanistan, Israel, Palestine, Iraq, and of
course, Iran.
As Celente points out, it has not been out of the question for governments, including the
US government, to take our nation to war based on fabrications such as the Gulf of
Tonkin, which ignited the Vietnam war and cost the lives of 58,000 American soldiers and
left hundreds of thousands wounded. Weapons of mass destruction in Iraq was another
pretext to war, pushed heavily by the Bush administration, with the mission quickly
changing to “making the world a better place” once it was learned that no WMD existed.
… The reason, suggests Celente, is that, as President Eisenhower warned, war is a big
business that enriches the few at the expense of the many. Celente backs up his claim
with the words of Major General Smedley Butler, the most decorated Marine ever to serve
at the time of his death in 1940, who said:

“It [war] is the only one in which the profits are reckoned in dollars and the
losses in lives. A racket is best described, I believe, as something that is
not what it seems to the majority of the people. Only a small ‘inside’ group
knows what it is about. It is conducted for the benefit of the very few, at the
expense of the very many. Out of war a few people make huge fortunes.”

There is much more going on when wars are waged than just bringing freedom and
democracy to the countries which we invade, and it comes at the expense of the lives of
our fathers, mothers, daughters, and sons.
Self interest, with no regard for the lives of others, drives those like the bankers funding
the wars, the corporate interests profiting from the natural resources that are conquered,
and the politicians who use war as a way to scare the population into keeping themselves
in power.
It’s not just Gerald Celente who believes that governments have no scruples when it
comes to war and empire building, but economic adviser Marc Faber, as well. Both of
these men have accurately forecast trends over the last three decades, and both warn of
impending wars as politicians at home attempt to deflect blame for the economic distress
being caused by their policies. This financial bust, according to Faber, will not end well:

“I think eventually there will be a big bust and then the whole credit
expansion will come to an end.

Before that happens, governments will continue printing money which in

time will lead to a very high inflation rate, and the economy will not
respond to stimulus. The average family will be hurt by that, and then in
order to distract the attention of the people, the governments will go to
war.

People ask me against whom? Well, they will invent an enemy.”

When Americans are protesting en masse in the streets because of lost jobs, lowered
wages, foreclosed homes, higher taxes, broke pension funds, a worthless dollar and
restrictions on their freedom, they will be blaming the politicians who got us into this
mess. Mass protests of this nature can lead to riots, which can very quickly lead to
violence in the streets.
Out of fear and self preservation, politicians will respond the only way they know how:
blame someone else. In this case, it will be not be finger pointing at each other, but rather,
they will collectively point their fingers at other nations, and those nations’ leaders will
subsequently point their finger at us.
There are many scenarios that can play out in the future, including hyperinflationary
meltdown of our currency, a slide into a severe deflationary depression, or a peak oil
driven economic collapse, but the long-term trend, the end result of any of these dire
scenarios, is one that has been proven time and again throughout history: WAR.
Author: Mac Slavo Date: April 19th, 2010

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Demonizing Iran: U.S. Media Continue Beating War Drums Just yesterday,
the Wall Street Journal had a lead story about israeli planning to
possibly “go it alone” in an attack on Iran if the US were not to
“succeed” in its diplomatic efforts to get Iran to “stop” it’s alleged
attempts to develop a nuclear weapon capability.

7 Mexican police officers killed in Ciudad Juarez (AP)

israel rejects US calls for east Jerusalem freeze (AP) US says Middle
East status quo can't last (AFP) US says Middle East status quo
can't last … blah, blah, blah! Isn’t everyone tired of the empty rhetoric
spewing from the u.s. when they have the leverage with their
surrogate terrorist nation israel to effect the outcome (AFP)

Another Drug Record for Afghanistan; The american Effect In addition to

being the world’s leading producer of opium, Afghanistan has now become
the largest producer of hashish, according to the first ever cannabis survey
released by the United Nations Office on Drugs and Crime (UNODC) earlier
this month. Again, the US invasion is behind the new record.
FLASHBACK (here wrote I): Breaking Point 2010: Top Trends with Gerald
Celente …DO YOU THINK IT IS POSSIBLE IN 2010 FOR THE UNITED
STATES TO END UP AS BADLY AS ARGENTINA A DECADE AGO? “Worse!
Worse than Argentina because our debt problems are worse. This is
classic empire decline. Argentina was not even an empire. We’re fighting
wars in foreign countries as we are depleting the Treasury.…That’s why we
are calling it: Breaking Point 2010!”

Gates claims victory near in Afghanistan (many months ago – and they’ve
been there nearly a decade, enough to get illegal drug production up after
Taliban had all but eliminated opium / heroin production / trade) …riiiiight…
if wishing only made it so… Despite record-high violence and an increasing
number of casualties, US Defense Secretary Robert Gates says the war in
Afghanistan is moving in the right direction and towards success. Gates
to Afghans: US `in this thing to win' … riiiiight … Win What? That the us is
there at all is a loss regardless of the so-called goals therein which is mere
rhetoric, particularly since the nation is defacto bankrupt! (AP) There is no
victory to be had for u.s. domestically, economically, internationally, and
geo-politically vis-à-vis Afghanistan. Don’t people in america get tired of
the u.s. fraud and b*** s***? Don’t they along with the rest of the world feel
like fools? Editorial: Afghan surge … Obama has proved himself a
considerable orator (jive-talker), but his rhetoric Tuesday as he addressed
the nation from West Point edged toward the desperate. Perhaps his most
alarming phrase, alarming for its vapidity, was “Right is Might.”… This is an
ethnically diverse country which has never been dominated for long by any
outside power. Indeed its very diversity has made it hard even for Afghans
to rule it. The Soviet Union, with far more troops than NATO has today …
tried and failed for 10 long and bloody years to crush a rebellion against
the puppet government it had installed. The Karzai administration, born of
the original post-Taleban Loya Jirga and subsequent fair elections, may
have had more legitimacy. Unfortunately for many Afghans the shambles of
the rigged presidential election and the rampant corruption have destroyed
their faith in the Kabul government... DER SPIEGEL: 'Never before has a
speech by President Barack Obama felt as false'... KEEP IN MIND: Robert
Baer: What We’re Up Against In Afghanistan Is A “War Of National
Resistance” “The people that want their country liberated from the West
have nothing to do with Al Qaeda,” Baer says. “They simply want us gone
because we’re foreigners, and they’re rallying behind the Taliban because
the Taliban are experienced, effective fighters.” AND america’s defacto
bankrupt. Obama’s Troop Increase Means He ‘Owns’ Afghan War
U.S. official resigns over Afghan war; No longer knows why his nation is
fighting... NY Times: Afghan Opium Kingpin On CIA Payroll Paul
Joseph Watson | But exposé serves as little more than a whitewash
because it fails to mention decades-long U.S. agenda to support lucrative
Golden Crescent drug trade A bombshell article in today’s edition of the
New York Times lifts the lid on how the brother of Afghan President Hamid
Karzai, a suspected kingpin of the country’s booming opium trade, has
been on the CIA payroll for the past eight years. However, the article serves
as little more than a whitewash because it fails to address the fact that one
of the primary reasons behind the 2001 invasion of Afghanistan was the
agenda to reinstate the Golden Crescent drug trade. The Bush-Obama
War Now it’s Barack Obama’s war. After campaigning against “George
Bush’s War” in the Middle East, Obama has escalated that war. Petraeus
Says War In Afghanistan Is Likely to Be Tougher Than Iraq Fight... Sounds
like the words of another american genius/strategist. Don’t forget, some
corrupt war profiteers / companies / individuals got fabulously wealthy
while defacto bankrupt america and the utterly destroyed Iraq got
fabulously poorer.

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

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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) [see RICO case ]

DRUDGEREPORT: GOLDMAN BOSS VISITED WHITE HOUSE AT LEAST 4

TIMES...
Stocks Rise as Banks GAIN after Obama speech...
Republicans Block Start of Debate on 'Bailout' Bill...
Arizona illegal immigration bill becomes law... READY TO
ARREST...
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...

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