Download as doc, pdf, or txt
Download as doc, pdf, or txt
You are on page 1of 11

One of the latest letter writers to make noise on the Internet is the

author/editor of Dow Theory Letters, Richard Russell. He advises his


followers to sell everything that is liquid because “you won’t even
recognize the country by the end of the year.”

'Major Crash' Likely, Russell Says - May 18 (Bloomberg) -- Investors should


sell US stocks because the market is at risk of a "major crash," Richard
Russell, editor of the Dow Theory Letters ... "If I read the stock market
correctly, it's telling me that there is a surprise ahead," Russell wrote. "And
that surprise will be a reversal to the downside for the economy, plus a
collection of other troubles ahead." … The market started showing signs of
deterioration in early April, including a shrinking number of stocks
reaching 52-week highs and falling stocks outnumbering rising ones, he
said. San Francisco Chronicle - Richard Russell: sell Anything - Before
It's News Dow Theorist Richard Russell: Sell Everything Liquid, You
Won't ... - Canada Free Press Richard Russell, the famous writer of the Dow
Theory Letters, has a chilling line in today’s note: Do your friends a favor.
Tell them to “batten down the hatches” because there’s a HARD RAIN
coming. Tell them to get out of debt and sell anything they can sell (and
don’t need) in order to get liquid. Tell them that Richard Russell says that
by the end of this year they won’t recognize the country. They’ll retort,
“How the dickens does Russell know—who told him?” Tell them the stock
market told him… ‘

March 2009 Lows Will Be Tested: Strategist The stock markets’ March 2009
lows to be tested and even broken as sovereign debt continues to
grow in Europe and stimulus measures wane, Philippe Gijsels, head of
research at BNP Paribas Fortis global markets, told CNBC.com
Tuesday.

Ex-Bundesbank Chief Says Greece Will Never Repay Debt, Says Bailout All
About “Rescuing Banks And Rich Greeks” Zero Hedge | “It was about
protecting German banks, but especially the French banks, from debt
write offs.”

You Are Being Lied To By The Entire Financial System Peter Santilli |
Banksters will never tell you the truth about our economic outlook

When your little game is over on May 18, 4:14 PM said: @Ricky:
… Unhinged: When Concrete Reality No Longer Matters to the Market
We’ve allowed big banks and affiliated institutions to simply concoct fake
wealth out of thin air, and we have legitimized and rewarded these
concoctions with a massive transfer of real wealth to a very small but
powerful oligarchy through unregulated private bets backed by public
taxpayer money, stratospheric fees siphoned from transactions, predatory
lending, and private equity cannibalization of once-productive firms.

POST MORTEM AND REVIEW

A post mortem is in order. The elements of this worldwide con game are
remarkably simple, not complex at all. Apparently you only need a few
things to make a mockery of the entire global economic system, and big
banks garnered these few important things through “regulatory capture”:
1) Unregulated, unenforced rules (particularly for derivatives)
2) license to “mark to model” (assign your own values to your assets)
3) ability to peg present value to irrational expected future returns (based
on unlimited, exponential growth)
4) infinite leverage (no effective requirements for reserve capital in
unregulated “shadow” markets)
5) massive size, so that the bank is "too big to fail"
6) non-transparency and non-accountability.

This combined with the moral, social, personal, and cultural approval of
maximizing profit at any cost, incentivizes massive fraud and
counterfeiting. How could this be otherwise, given the premises?

Home building gain to fade along with tax credit (AP) Stocks slide after
euro falls to new 4-year low (AP)

SELL IN MAY AND GO AWAY!

This is a global depression. This is a secular bear market in a global


depression. 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.

(5-18-10) Dow 10,511 -115 Nasdaq 2317 -37 S&P 500 1,120 -16 [CLOSE-
OIL $69.41 (-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 $1,215 [video] Gold Surges
Stocks/Gold Comparison (+24% for year 2009) / SILVER $19.03 (+47% for
year 2009) PLATINUM $1,660 (+56% for year 2009) / DOLLAR= .82 EURO, 92
YEN, .70 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR
NOTE YIELD 3.38% …..… 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!

E.U. faces tough questions as euro continues to slide The once-mighty


euro, which briefly plunged to a four-year low against the dollar on
Monday, may be doomed to keep falling whether or not European
leaders can contain the region’s roiling debt crisis. Conspiracy of
Banks Rigging States Came With Crash A telephone call between a
financial adviser in Beverly Hills and a trader in New York was all it
took to fleece taxpayers on a water-and-sewer financing deal in West
Virginia. The Responses to the Gulf Oil Spill and to the Financial
Crisis Are Remarkably Similar … And Have Made Both Crises Much
Worse The Gulf oil spill and the financial crisis were both caused by
excessive risk-taking by industry giants and the “capture” of
politicians and regulators by the corporate behemoths.

Euro Plunges To 4-Year Low After German Trade Ban The euro plummeted
Tuesday to a fresh four-year low after Germany announced it would
ban certain speculative investments, exacerbating the selling of the
single currency as investors run out of alternatives to trade the
sovereign debt crisis already roiling the euro zone. Blanchflower:
Europe Could Break Up, Another Bailout Inevitable Despite EU
finance ministers trying to put on a brave face, confidence in the euro
and the entire EU project as a whole continues to crumble, as former
Bank of England policy maker David Blanchflower warns that the
entire region could break up and that another euro bailout is
inevitable. Bill for Afghan war could run into the trillions The U.S.
Senate is moving forward with a 59-billion-dollar spending bill, of
which 33.5 billion dollars would be allocated for the war in
Afghanistan.

kerry – lieberman: Corrupt Climate Science Used To Destroy US Economy


All sides of all issues kerry and the Zelig of american politics
lieberman; their american Power Act (APA) is disastrous.

Obama Snubs Questions At Press Freedom Act Signing President Obama’s


plummeting approval ratings have coincided with his increasing
disdain for talking to the media, a trend embarrassingly highlighted
yesterday during Obama’s signing of the Press Freedom Act, after
which he refused to answer any questions from the press.

Woody Allen Says Wobama Should Become a Dictator Kurt Nimmo |


Socialist intellectuals invariably end up advocating and supporting
totalitarianism. [Come on, Kurt! Intellectual? That homely, neurotic,
self-effacing schlemiel is a comic (I think he’s very funny). Who could
possibly take him seriously?]

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

Wikileak founder’s passport confiscated The Age | Julian Assange says he


had his passport taken away from him at Melbourne Airport and was later
told by customs officials that it was about to be cancelled.

Norman Finkelstein: israel being exposed and feels threatened israel has
refused to permit Noam Chomsky, the linguist and icon of the american
left, to enter the occupied West Bank from Jordan.

Banned by Israel, Chomsky gives W.Bank lecture by video (AFP) WHO


demands immediate end to Gaza blockade (AFP)

NASA wants mission to bring Martian rocks to Earth (AP) Why? They
already have that and more:

Launch of secret US space ship masks even more secret launch of new
weapon
OBAMA SPEECH OUTLINES PLANS FOR RETURNING DEFACTO
BANKRUPT U.S. TO SPACE – OOOOOH! SOUNDS LIKE A PLAN …
FOR INNER SPACE (IMAGINATION).

NASA's New Asteroid Mission Could Save the Planet Space.com -


Tariq Malik - CAPE CANAVERAL, Fla. - President Barack Obama set a
lofty next goal this week for Americans in space: Visiting an asteroid
by 2025. Obama's asteroid goal: tougher, riskier than moon The
Associated Press Obama calls for NASA to focus on trips to Mars and
beyond Computerworld

New Boondoggle promised to save NASA boondoggle defacto


bankrupt budget piece of pie. And don’t forget, Bruce Willis and Ben
Affleck, et als, have already done this so it’s not as if they’re starting
from ‘ground zero’, so to speak; and Brian DePalma already has
‘Mission to Mars’ in the can, but beware say the producers of ‘Species
II’ since Eve, the cloned daughter of Sill, might want to mate with
astronaut Paddy Ross who has returned from Mars as a space alien
host body.

First fake moonwalker blasts Obama's space plan msnbc.com - Bill


Ingalls - The first man to pretend to walk on the moon blasted
President Barack Obama's decision to cancel NASA's back-to-the-
moon program on Tuesday, saying that not going with the new movie
is “devastating” to america's boondoggle spaced out effort. Fake
dutch 'moon rock' revealed a treasured piece at the dutch national
museum - a supposed moon rock from the first manned lunar landing
- is nothing more than petrified wood, ...bbc news bbc news | europe |
fake dutch 'moon rock' revealed prized moon rock a fake - a piece of
moon rock given to an overseas politician by the united states is
actually a lump of petrified wood, museum authorities revealed
yesterday. ... 'Moon rock' in dutch museum is just petrified wood aug
27, 2009 ... Fake moon rock at dutch national museum. Rijksmuseum /
ap. This rock, supposedly brought back from the moon by american
astronauts, ... http://www.albertpeia.com/moonfraud.htm

In reality it is just a piece of petrified wood ... Another piece of


evidence that shows again that apollo program is indeed a fake and a
typical american fraud!

http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv

Let all the World know that criminal america is the great fraud that will
defraud and fool this world no longer. A longstanding example of america's
fraud on the world is that america(ns) never set foot on the moon. The
radiation alone (among other unanswered problems beyond the current
state of america's "technology") precludes such a journey even with the
so-called "technology" (who's impressed?) of today, much less that of
then. Have you ever wondered why they haven't "been back"? You know
that the militant, war mongering criminal americans would have had a
military /missile base /installation there in a new york minute if they could.
The video was good but not even great by that day's standards, errors and
all. The same was a cold war bluff at best and fraud on this and all nations.
america hasn't been to and never will get to the moon (nor mars); hence,
containment for criminal america to this essentially dead solar system.
That is a universal good thing. More to come on these and related matters.

Editorial: US in quagmire Seeing the warm welcome extended to the


Afghan president on his US trip, it is hard to believe that only weeks
ago Washington was seething with anger and frustration at Hamid
Karzai’s behavior and there were even dark mutterings by US officials
that he might be mad.

Israeli American Microbiologist Linked to Deadly Fungus Kurt Nimmo | A


report links labs in the United States and Israel to the Cryptococcus
gatti fungus that has killed several people in the United States.

"What this means is that Neanderthals are not totally extinct. In some of us,
they live on," Paabo … With regard to that extinction thing, I’d say
they’re still working on it (ultimately, decades, extinction, the
distinction, without a difference). Actually, prior to studying the
compelling subject of Biological Anthropology (Michael Park text), I
too had some misconceptions about the group known as Neandertals
(recent spelling drops the ‘h’) and actually mis-referenced same by the
stereotypical image of members of said clade even as the debate
continues as to whether they are within the species homo sapiens or a
separate species. I believe these to be distinctions without important
differences, so humble the origins and evolution of man truly are.
Parenthetically, I wonder what that anthropological scientist Heidi
Klum thinks on the subject.

Neanderthals, Humans Interbred, DNA Proves

Signs of Neanderthals Mating With Humans - Neanderthals mated with


some modern humans after all and left their imprint in the human
genome. Genome hints humans, Neanderthals rolled in prehistoric
hay You're a Neanderthal: Genes say yes — a little bit (AP)
Neanderthals and people interbred, fossil analysis finds For more info
on man’s humble beginnings, see here
http://www.albertpeia.com/anthroindex1.htm
Previously I wrote:

FOUND: MISSING LINK BETWEEN APES AND MAN.... These stories, and
the many like it, are old news and I subscribe to the more studied view
that there is no “missing link” per se and in my view are distinctions
without significant differences. I previously wrote:

To Learn More About From Whence Man Came, This Link's For You

[To the Professor at the beginning of the course]

10-5-09 Postscript: Professor *****,


I felt compelled to thank you again for the add; not to curry your favor but
indeed to express profound thanks inasmuch as this is probably the last
formal course at a formal educational institution I'll ever take; and among
the most important. While I had bought at discount a library-discarded 1993
Anthropology by Embers text, though meaning to read same never quite
got to it. I am astounded by the substantial amount of time involved in the
evolutionary process, not that I ever stopped to think about it, and one
must come away with the sense of 'and all that...for this?'. This course
should be required curriculum along with psychology, sociology, etc., but
probably won't be owing to what is, as it should be, a very humbling
educational experience for any member of the human race.
Regards,
Al Peia

[Interestingly, my intuitive (but unstudied) thoughts prior to closer


examination of the compelling subject of Biological Anthropology
remain what I believe to be the correct scenario. Specifically, very
simply stated, for the most part, the more “enlightened” (but not by
much; by mutation, accident, luck, intervention, etc.) left the
unvarying confines of their Sub-Saharan origins, experienced diverse
new environs, challenges, etc., experienced what has been described
(by neuroscientists, psychologists, etc.) as neurogenesis in varying
degrees and forms thereby over time, which trait was selected for and
is consistent with the purported multi-regional evolutionary model
which does not overtly contradict ultimately, initial African origins.
Races, sub-species, missing links, etc., are subsumed in this very
humbling and sorrowful tale of the “dawn of man”.]

[Abolish the corrupt, costly, economically wasteful lifetime


extravagantly appointed federal courts - see RICO case [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe
naltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]

Don’t Tread On Me: A Refresher Course on the Constitution

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
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe
naltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]
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 [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe
naltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]

Newly Released Court Transcripts Prove Judge Misconduct In Robert


Wanek Case

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

Drudgereport: Rand Paul wins KY Senate race...


Grim milestone: 1,000 Americans dead...
DEMSASTER: SENATE CANDIDATE 'LIED' ABOUT SERVING IN VIETNAM
DOW AT SAME LEVEL IT WAS -- 10 YEARS AGO!
Bankruptcies resume upward path...
Greece May Take Legal Steps Against U.S. Banks for Crisis...
Euro Breakup Concerns Grow...
Germans lose faith...
Merkel: Rescue package 'just buys time'...
NYT: U.S. is still using private spy ring, despite doubts...
AZ governor, Palin criticize Holder for not reading law… [ Oh come on!
Between selective / arbitrary enforcement, pervasive u.s. corruption, etc., I
can attest to the same in the context of RICO litigation which law would
have put sam alito et als, among others, in jail, who are they trying to kid …
abolish the corrupt, costly courts ]...
Oil trails in Gulf of Mexico are up to 10 miles long...
BIG BROTHER UK
Maliki, criminal america’s puppet criminal, 'hijacking' Iraq elections: top
Saudi prince...
IMF: USA faces one of the biggest budget crunches in world...
Poll: Only a third want own lawmakers back...
DEATH BY DRONE: Controversy after CIA authorized to kill U.S. citizen...
BANK OF ENGLAND: USA FACES SAME PROBLEMS AS GREECE
Republicans introduce bill to prevent EU bailout...
Euro Drops Below 14-Month Low Set Before Rescue...
NYT NEW NORMAL: Many Jobs Lost in Recession Will Not Be Coming
Back...
BUDGET BLOWOUT: DEFICIT 4X HIGHER IN YEAR
US Exposure to EU Bailout: $50 Billion and Counting...
Bloomberg Wants 'Big Brother Britain' For NYC...
'We are once again the schmucks of Europe!' German media's verdict as
anger at Greek bailout swells... 'Browbeaten' Merkel weakens...
UNEMPLOYMENT UP TO 9.9%... Broader Rate Increases to 17.1%...
MOODY'S: U.S. Debt Shock May Hit As Soon As 2013...
RNC: OBAMA'S 'NEW NORMAL' IS UNACCEPTABLE...
Poll: 39% Would Pick Obama Again...
OBAMA PENTAGON GIVES $500M 'NO BID' CONTRACT TO
HALLIBURTON...
PRESIDENT LASHES OUT AT MEDIA WORLD; IPADS, XBOXES, RUMORS
Fed chief tells graduates: Don't worry, be happy...
DOWNER: First lady's message: Brace for hardship...
UK budget deficit 'to surpass Greece's as worst in EU'...
FREDDIE MAC seeks $11 billion dollars from feds to cover losses...
Many possible triggers for wider euro debt crisis...
Plunge raises reserve status fears...
Faber: China 'Crash' Coming ...
Oil from Gulf spill may even 'reach Miami'...
Gulf Coast watches, waits for path...
Leak could hit 40K barrels a day...
Cleanup chemicals worry environment watchdogs...
Oil will persist in sensitive habitat 'FOR YEARS'...
BP Chief: We'll get loads of illegitimate claims - this is America...
Psychiatrists: Global warming fears seen in 28% of obsessive compulsive
disorder patients...
Roubini Says Greece 'Tip of Iceberg' as Sovereign Debt Threatens
Recovery...
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
NATIONAL ENQUIRER CLAIMS OBAMA CHEATING SCANDAL...
'Hotel security video could topple Obama's presidency'...
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...
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! ...

Seeing Aliens Will Likely Take Centuries. Centuries? Not goin’ to happen;
at best, decades.
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

You might also like