Soros Says ‘We Have Just Entered Act II’ of Crisis Bloomberg | Soros said

the current situation in the world economy is “eerily” reminiscent of

the 1930s. Gerald Celente: U.S. Financial Markets to Collapse by
End of 2010 Infowars.com | Gerald Celente is a renowned trend
forecaster, publisher of the Trends Journal, business consultant and
author who makes predictions about the global financial markets and
other events of historical importance. Jobless Claims in U.S.
Decreased Last Week to 456,000 Bloomberg | More Americans than
anticipated filed applications for unemployment benefits last week.

Professor: Debt Spreading ‘Like a Cancer’, Euro Is Doomed The economic

situation today is drastically worse than a couple years ago, and the euro is
doomed as a concept, Nassim Taleb, professor and author of the
bestselling book “The Black Swan,” told CNBC on Thursday. Record
Number of Foreclosed Homes Seized by Banks in May A record number of
Americans lost their homes to foreclosure in May. Almost 94,000 homes
were seized by lenders as banks continue to work through a massive
backlog of distressed properties. Michael Pento Says Double-Dip
Recession Is Now Guaranteed As usual, Pento’s TV appearance are about
as contained and demure as Alan Greenspan on Ambien: “[Bernanke's
statement that the economic recovery is intact] guarantees that we are
going to have a double dip recession, because his track record is 100%
accurate, but it is 100% accurate in the wrong direction. Japan PM
warns of Greece-like debt crisis (AP) - Japan's new prime minister warned
Friday that his country could face a financial mess like that of Greece if it
did not deal urgently with its swelling national debt. Strikes put China
on spot over labor unrest (AP)

(6-10-10) Dow 10172 +273 Nasdaq 2218 +59 S&P 500 1,086 +31 [CLOSE-
OIL $75.48 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$2.85 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-
GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,222 [video] Gold Surges
Stocks/Gold Comparison (+24% for year 2009) / SILVER $18.35 (+47% for
year 2009) PLATINUM $1,535 (+56% for year 2009) / DOLLAR= .82 EURO, 91
YEN, .68 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR
NOTE YIELD 3.32% …..… AP Business Highlights ...Yahoo Market
Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds / Currencies -
Domestic / International This Is a Secular Bear Market and The End of
Buy and Hold … and Hope 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 Depression 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

Philadelphia Plans “Street-level Intelligence” Fusion Center Kurt Nimmo |

Federalized fusion centers are designed to monitor the political beliefs
of American citizens.

‘US funding terrorist group against Iran’ Press TV | A member of a terrorist

organization operating in Iran says that a US State department radio station
originally put him in touch with the group.

Market Outlook: Bearish Background to Bullish Storyline Sean Hannon:

‘The last two weekly market commentaries have discussed how the
underlying trend of the market is now bearish and all rallies should be used
to sell stocks and reduce risks. With nearly every news outlet spouting the
bullish storyline, these articles served as an outline of a disciplined
investment strategy. Those who followed the outline have done well as the
Dow Jones Industrial Average (Dow), S&P 500, and NASDAQ each declined
over 5% since my initial warning. With the Dow still stuck below the
psychologically important 10,000 level and all three major U.S. markets
trading beneath their 200-day moving averages (MA), the bearish backdrop
is clear. Even if many are still looking for a rally, we should understand that
the primary trend is lower. Instead of focusing on how high prices will rally,
we should instead consider how much further prices can fall …’

US Foreclosure Filings Down 3% In May; Bank Repos At Record US

foreclosure filings fell 3% in May from a month earlier, although
 bank repossessions set a new monthly record, according to market
researcher RealtyTrac. May foreclosure rate steadies as banks
hold back The Associated Press Rate of foreclosures slowed in
May Bizjournals.com Investment banks face U.K. probe into fees

Bearish Sentiment Rises to Eleven Month High – Bespoke Investment

Group: ‘This week's sentiment survey from Investors Intelligence showed
that bearish sentiment among newsletter writers is now up to 31.9% which
is an eleven month high. Although the levels of bearish sentiment are still
nowhere near the extreme highs we saw during the last bear market, the
inability of stocks to 'snap back' from the recent declines certainly has
advisors on edge …’

Greek Default Seen by Almost 75% in Poll Doubtful About Trichet Global investors have
little confidence in Europe’s efforts to contain its debt crisis or in European Central Bank
President Jean-Claude Trichet, with 73 percent calling a default by Greece likely. 12
Reasons Why The U.S. Housing Crash Is Far From Over Over the past several months,
many in the mainstream media have hailed the slight improvement in the U.S. real estate
market as a “housing recovery”. US Needs Austerity Too: Hedge Fund Strategist The
United States will have to adopt austerity measures similar to the ones taken in Europe,
because the problems faced are largely the same, Timothy Scala, macro-strategist at
Sophis Investments, told CNBC.com. Market Analyst: ‘BP’s Not Going to Last as a
Company More Than a Matter of Months’ We’ve heard politicians, even conservative
Republicans, suggest BP would be held completely responsible for the devastation
caused by the oil spill plaguing the Gulf of Mexico, even if it means its very existence.

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

Israeli Official Threatens to Kill Turkish PM Kurt Nimmo | It is unprecedented for a top level
state official to threaten a head of another state with murder. Gold’s Flashing
Warning Sign Greg Hunter | A wicked storm is blowing our way. Infowars.com
Receives “Rise of the New Right” Script Kurt Nimmo | The establishment is
determined to take out the Tea Party political movement prior to the November
election. Music Industry on Verge of Total Collapse Celebrity Buzz | Radiohead
frontman Thom Yorke says musicians should resist signing record deals because
the major labels will “completely fold” within months.

US Media Terrified Of Mentioning USS Liberty Do you know that an american naval vessel
was attacked by israel in international waters, 43 years ago today, resulting in the deaths
of dozens of american sailors Arab lawmaker on flotilla sparks outrage in israel (AP) -
An Israeli-Arab lawmaker's decision to join hundreds of activists on a pro-Palestinian
flotilla has elevated her from relative political obscurity, transforming her into the poster
child for the ...

Why To Question the 2010 Stock Market Rally [Why To Question the 2010
Stock Market Rally – Web Site Archived with Charts Click Here - In the
past year, we've written a lot about the similarity between the rally of
 early 1930 and the one we had through April of this year. The early
1930 rally came after the market had fallen nearly 50% in the fall of
1929. The spring 1930 rally took the market up nearly 50% again, to a
level that was only about 20% below the previous peak. That rally, of
course, was also the biggest sucker's rally in history. After the market
peaked in April 1930, it crashed again, eventually ending up down 89%
from the 1929 high and more than 80% from the 1930 high. The market
did not reach the 1930 high again for another quarter of a century. The rally
that recently ended in April 2010 came after a crash that was actually
slightly more severe than the 1929 crash (53% versus 48%). It took the
market up nearly 80% from the low! The recent rally also lasted longer
than the 1930 rally did--a year, as opposed to 6 months … ]

REMEMBER: In 1930, They Didn’t Know It Was “The Great Depression” Yet
In the past year, we’ve written a lot about the similarity between the
rally of early 1930 and the one we had through April of this year.
Investment Banker: It’s Going To Get Nasty – Buy Land, Barbed Wire
And Guns A top investment banker has warned that the economic
fallout of the sovereign debt crisis could get so nasty over the next
five years that people would be wise to abandon the markets and
instead buy land, barbed wire and guns.

Afghan war overtakes Vietnam to become the longest conflict in U.S.

history Mail Online | The war entered its 104th month yesterday, with
30,000 American troops being deployed in the first half of this year
alone.

It's time to expel israel from the UN Without doubt, the israeli attack on the
Gaza-bound "Freedom Flotilla" in the dawn of Monday, May 31, 2010 is
one of the most savage crimes in recent history. It seems the ruling
power in Tel Aviv has been afflicted with a variant of mad cow
disease; otherwise, how could it be so cruel to unleash such a beastly
raid on the "Mavi Marmara," the Turkish flagship of a flotilla carrying
medical and humanitarian supplies to the hapless people of Gaza
Strip?

DEBT POISED TO OVERTAKE GDP Key Indicators of a New Depression

Neeraj Chaudhary | Great Depression II developing into something far more
devastating than its predecessor You’re Being Decieved Infowars.com |
We’re heading over an economic cliff and there’s nothing the government
can or will do about it except lie. The Folly of Blindly Trusting the
Government

‘What Does China Want?’ They want to speak to Rosanne Rosanna Danna,
of course! ‘Asian markets tumble on fears over Hungary’ …Riiiiight!
Hungary’s the thing! … Rosanne Rosanna Danna, formerly of SNL fame
wanted in Asia to chime in with what her mama always used to say, ‘ It’s
always something ‘ . Of course, it matters little to the frauds on wall street
what the something is said to be since the reality is … ‘This is a global
depression. This is a secular bear market in a global depression. This was
a manipulated bull (s***) cycle in a secular bear market. This has been a
typically 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.’ ( It should be noted, and there have been a multitude
of other instances, that I’m getting substantial ‘attacks’ vis-à-vis my
internet connection which has slowed dramatically these posts. I don’t
think the interference is either accidental nor just coincidental but
consistent with corrupt defacto bankrupt america’s critics of which I am
one and not alone in that regard – slowing, militating against the
devastating truth about america.) Europe is Heading for a Depression
Despite a nearly-$1 trillion rescue operation, financial conditions in the
eurozone continue to deteriorate. All the gauges of market stress are
edging upwards and credit default swaps (CDS) spreads have widened to
levels not seen since the weekend of the emergency euro-summit. Key
Indicators of a New Depression With the mainstream media focusing on the
country’s leveling unemployment rate, improving retail sales, and nascent
housing recovery, one might think that the US government has
successfully navigated the economy through recession and growth has
returned. Get Ready for a Double Dip … but many warning flags point
towards significant deterioration in the U.S. and global economy going
forward and so I think that by the end of the year or early 2011, we could
very well be facing a new leg down in the world’s economic situation … [I’d
say too optimistic since, to reiterate: This is a global depression. This is a
secular bear market in a global depression. This was a manipulated bull
(s***) cycle in a secular bear market. This has been a typically 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 End of Buy and Hold ... And Hope Brian Rezny (I was going to insert
his charts in this synopsis but there are just too many good ones and they
are a must see so go to his article, not just because I agree with much of
what he says though he’s light on that ‘depression thing’ and overly
optimistic as such, but because he is smart – You may click here for
archived version) ‘… Buy and hold investing is a popular strategy, and the
thinking is straightforward: in the long run, the market will offer returns, in
spite of short-term volatility. In theory, this is a sensible idea.
Unfortunately, this approach does not work in today’s market. Why not? Of
course, the market is down for this month. But that’s not the reason this is
not a buy and hold environment. It’s not just about the recent correction, or
the end of a market rally. The current trend fits into a much bigger
picture… and it’s a picture of a long-term bear market. Secular markets are
long-term trends, typically lasting about 18 years. Secular bull markets
generally see stocks return at least 20% for the duration, while secular bear
markets see stocks decline at least 20%. And these secular trends are
interspersed with shorter, cyclical bull and bear markets. From 1982-2000
we experienced a secular bull market: in that period, stocks offered a
return if you bought and held for the duration … (chart) … But since then?
We have been in what I call a secular bear market. As you can see below,
an investor who bought into an index that tracks the S&P 500 as this trend
began in 2000, has experienced a negative return. And based on the typical
length of a secular bear, we could have several more years to go in this
trend … (chart) And it’s not just over the last 30 years that this cycle has
occurred. We can look back over the last century and see a continuum of
secular markets, with bear trends starting in 1901, 1929, 1966, and 2000…’

Oct 31, 2009 ... or surplus, as a percentage of GDP ... USD in Millions.
Robert D. Arnott ... GSEs, the total public debt is now at 141% of GDP. ...
www.researchaffiliates.com Nov 23, 2008 ... But state and local debt as a
share of GDP has quadrupled since 1945, ... as a percentage of the overall
economy, recently exceeding the GDP for the first time ever. ... Rob Arnott
is chairman of Research Affiliates ... Robert Arnott ‘… the latest 12
months saw our public debt and unfunded obligations grow by 18% of
GDP! No wonder the debt seems to have grown crushingly large. It’s
noteworthy that, if a company computes its debt by ignoring off-balance-
sheet and unfunded obligations, the management team wins an allexpense-
paid extended holiday at Club Fed. Enron, anyone? But, if you write the
laws, you can allow yourself these games. In emerging markets debt
investments, managers are wary of sovereign credits when their deficits
approach 5% of GDP. Yet here we are, after measuring on a more
economically accurate level, running at twice this worrisome warning
level… for over 25 years. The Debt If we borrow more than we earn for such
an extended period of time, the debt picture won’t be pretty. It’s not. At 60%
of GDP, the United States ranks about 25th in the world for indebtedness.1
But that’s not the whole story. To get the complete picture, we need to
factor in state and local debt and GSEs. Note that most other (particularly
developing) countries don’t have layers of autonomous public entities of
this sort. Adding federal, state, local, and GSEs, the total public debt is now
at 141% of GDP. That puts the United States in some elite company— only
Japan, Lebanon, and Zimbabwe are higher. Add in household debt (highest
in the world at 99% of GDP) and corporate debt (highest in the world at
317% of GDP, not even counting off-balancesheet swaps and derivatives),
and our total debt is 557% of GDP. Less than three years ago, our total
indebtedness crossed 500% of GDP for the first time. As Figure 2 shows,
apart from the shadow banking system we are most assuredly not
deleveraging. Direct debt is rising, not falling. Add in the unfunded portion
of entitlement programs and we’re at 840% of GDP. Yikes. No wonder the
debt burden feels so crushing. What can’t happen, won’t happen. If we
can’t afford our direct debt, we surely can’t afford our unfunded
obligations. The stroke of a pen can take these programs to “means
testing.” If retirees cannot enjoy Social Security or Medicare reimbursal
until their savings are drained, the unfunded obligations disappear. This
still leaving us true, direct debt of 5½ times our income. It is a daunting
figure. How many people do you know that have owed five times their
annual income and suffered no adverse consequences? …

Summer Streets Of Rage Predicted For Europe & U.S. Top historians,
social and financial analysts, along with police bodies are all predicting
that Europe and America are set to experience a summer of rage, with
scenes mirroring the chaos we have seen unfold in Greece in reaction to
draconian austerity measures now being imposed by governments in the
west Deflationary Depression and Purging To Come What now that
stimulus packages are ending, money set to plunge, market control by
insiders has to end, Fed doesnt need a monopoly, bond sales down, still
high expectations for gold. Strategic Defaults: Is It Morally Right To
Decide To Simply Stop Paying Your Mortgage? In 2010, record numbers of
Americans are defaulting on their mortgages. For most of them, it is
because they simply cannot afford the mortgage payments any longer.

european central banks intervened to shore up the ever more worthless

euro, buying into that fraudulent wall street b*** s*** story that that ‘s a
good thing, rallying stocks off their lows. It is amazing how dumb europe
has become so quickly. An exception is what I believe was Germany’s
steps against derivatives, which market according to a derivatives trader
on the radio this day is a $40 trillion market (missed his name). To reiterate
as applicable to yet another fraudulent scheme previously stated, said
market is paper on paper moving around and generating commissions at
lightning computerized speed but adding no real value in real economic
terms; again, the analogy of termites eating away at the (nation’s)
foundation is apposite. As such, that money has to come from some real
place and hence, the ever more frequent and larger crashes we are seeing.
Don’t forget that the worthless paper from previous such fraudulent
schemes now marked to anything is still out there in a magnitude some
have placed in the hundreds of trillions.

The Worst Money Supply Plunge Since The Depression Means A Double
Dip Is Now A ‘Virtual Certainty’ The stock of U.S. money as measured by
‘M3′ money supply fell to $13.9 trillion from $14.2 trillion during the three
months ending in April. [ This is still an extraordinarily high level but … I
don’t buy it. I believe the printing presses have been working overtime to
pump out ever more worthless fiat currency and with the many trillions of
worthless fraudulent paper still out there and marked to anything. I further
believe the same is being surreptitiously used to supplant the fraudulent
paper, the consequences of which will be devastating, of course, as is
invariably so in depressions in any event. This scenario would also mean
huge fraud accomplis. ] Fiat Money Supply Contracting at Great
Depression Level The bankster operative who helped destroy Glass-
Steagall is back. Larry Summers, Obama’s top economic adviser, has told
Congress to “grit its teeth” and approve a fresh fiscal boost of $200 billion
to keep growth on track, reports the Daily Telegraph. Fiat Money Supply
Contracting at Great Depression Level Kurt Nimmo | The Federal Reserve
stopped publishing M3 figures back in 2006.

Sell in May and Go Away, Indeed [ I wasn’t kidding; and, I’m still not kidding when I say:
This is a great opportunity to sell / take profits because there’s much worse to
come! ]

Forecasts from Dent, Napier, and then Prechter: 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.

10 Reasons to Worry About Margin Growth … a good portion of these factors will likely
impact margins by the end of the year. I don’t believe this is adequately factored into
earnings estimates across the board. Given this, I believe we have seen the highs
for the year and next few quarters will be extremely volatile ...

Dow Theorist Richard Russell: Sell Everything, You Won’t Recognize America By The End
Of The Year Business Insider | “Pul – leeze, get out of stocks now, and I don’t give a
damn whether you have paper losses or paper profits!”

The frauds on wall street et als should be criminally prosecuted, jailed, and disgorgement
imposed. If that were so, they wouldn’t be worrying about who wins / loses since those
who fraudulently play, invariably would (and should) pay. If they’re not prosecuted,
everyone loses.

POST MORTEM AND REVIEW Ricky:

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.

SELL IN MAY AND GO AWAY!

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.

According to the Debt Clock:

• Total national debt: $13 trillion

• Debt per citizen: $42,026
• Debt per taxpayer: $117,982
• Total interest due: $1.9 trillion
• Interest per citizen: $2,211

Click here to see the Debt Clock, which is updated every second.

• Total personal debt: $16.5 trillion

• Total mortgage debt: $14.1 trillion
• Total consumer debt: $2.45 trillion
• Personal debt per citizen: $53,483
• Debt held by foreign countries: $4.07 trillion

http://www.usdebtclock.org Get Real Time U.S. Debt Data

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

The israeli Spin-Machine in Overdrive: dershowitz to the Rescue? Armed

Israeli commandos, the elite of the elites, rappelled to the deck of a Turkish
ship carrying humanitarian relief supplies to the 1.5 million prisoners in the
Gaza concentration camp.

Gaza blockade illegal, must be lifted — UN rights official Israeli blockade

of Gaza unsustainable: White House US Jewish opinion and the
‘Beinart moment’ The controversial book, The Israel Lobby, in which
the political scientists, John Mearsheimer and Stephen Walt, argued
that US foreign policy has been hijacked by organized Zionism went
strangely unnoticed by the leading journal of American intellectual
opinion, the New York Review of Books. Doubts Grow Over Israel’s
Value as U.S. Ally Jim Lobe | The notion is that Israel and its actions
have since the Cold War increasingly become a “strategic liability” to
U.S. interests in the region.

In 1948, U.S. Secretary of Defense James Forrestal, an opponent of the

creation of a Jewish state in Palestine, warned that, even though failure to
go along with the Zionists might cost President Truman the states of New
York, Pennsylvania, and California, it was about time that somebody
should pay some consideration to whether we might not lose the United
States. Mr. Forrestal was absolutely correct! Isn’t that exactly what’s
happened to defacto bankrupt america in intractable decline.

TIME TO REVOKE AND NULLIFY THE BALFOUR DECLARATION AND

ABROGATE THE CREATION OF THE NATION STATE OF ISRAEL IN THE
INTERESTS OF FAIRNESS, JUSTICE, PEACE AND PROSPECTIVE
PROSPERITY FOR THIS WORLD!

OOOOH! ISRAEL NOW IN FAVOR OF NUKES IN THE MIDDLE EAST IN

SUDDEN SHIFT IN POLICY TO FAVOR IRAN IN A VERY BIG WAY! ISRAEL
SEES THE LIGHT AND SIDES WITH IRAN ON NUCLEAR ISSUE;
ESSENTIALLY SAYS TO THE WORLD AND IRAN ‘TO PRESS ON WITH
NUCLEAR AMBITIONS’.

The yardarm is the remedy Dozens of our friends and comrades, of

wonderful compassionate activists are dead and wounded in the pirate
attack in the high seas on humanitarian aid boats. This is a dreadful crime
that will forever be remembered and should be punished. The Israeli pirates
attacked the humanitarian aid Freedom Flotilla in the international waters
over 150 km out of their territorial waters. The boats carried no arms; the
participants strictly adhered to Ghandian mode by asking the Greek and
Cyprus authorities to search the boats to avoid later claims that they were
armed.

A Plague Upon The World: The USA is a “Failed State” Dr. Paul Craig
Roberts | The American people are lost in la-la land. They have no idea that
their civil liberties have been forfeited. US citizen killed on flotilla
reportedly shot four times in head Raw Story | A forensic report said
Furkan Dogan was shot at close range, with four bullets in his head and
one in his chest, according to the Anatolian news agency. The explanation
foisted off on the americans by war criminal israelis is probably something
on the order of ‘they just wanted to make sure they missed him’.
Roberts: ‘AIPAC purchases US elections’ Russia Today | Paul Craig
Roberts says that there will be nothing that is going to be done by the
United States to change the relationship with Israel.

Paul Craig Roberts: Government Abandoned Vietnam POWs Kurt Nimmo |

John McCain worked overtime to make sure Vietnam POWs never came
home. I think the even bigger story vis-à-vis mccain is:
http://www.albertpeia.com/heroenot.htm ‘Did you know that that so-called
"american heroe" john mccain was referred to by his fellow pows in
Vietnam as something akin to the "songbird" inasmuch as he was
constantly "singing" to his Viet-Cong captors to curry favor and better
treatment? This has been documented with authority by Colonel David
Hackworth. The same violates military code/protocol (other soldiers have
been court-martialed for far less) click Here, Here. [
http://www.albertpeia.com/hackworth.htm ] But, you see, this covered up
scenario, compromizing the false facade of far less than a heroe, is exactly
what a criminal (lie of a) nation as america loves and encourages (get
everyone's hands dirty so no-one dares to rectify same, ie., bush, sr.,
clinton, bush, jr.). That is, "toe the (corrupt, propagandized) line", become a
criminal, or be exposed, prosecuted, and/or ruined; and, hasn't anyone
asked how "wall street" has been "spared the spotlight" (and even was
accorded protective legislation from their criminal culpability) and focus of
inquiry, attention, and prosecution despite being the primary beneficiaries
financial and otherwise of these scams (you know the wall street motto,
"churn and earn"; huge conflicts of interest if not outright fraud)…’

Coalition wants UK space lift-off [ Don’t make me laugh! ]

Israel’s Nukes Out of the Shadows Israel faces unprecedented pressure to

abandon its official policy of “ambiguity” on its possession of nuclear
weapons as the international community meets at the United Nations in
New York this week to consider banning such arsenals from the Middle
East.

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

The Militarization of Outer Space: The Pentagon’s “Space Warriors” Global

Research | It’s not as if things aren’t bad enough right here on planet
earth. Now the Defense Department wants to up the stakes with new,
destabilizing weapons systems that will transform low- and high-earth
orbit into another “battlespace.”

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

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.

War in Afghanistan and Iraq costs America $1trillion From the Old | On May
30th at 10:06 the United States reached the point where they have
spent $1trillion on the wars in Afghanistan and Iraq. Sinking of the
Cheonan: A Classic False Flag Operation Russia Today | Sinking of
the warship was really intended to convince Japan not to move US
forces off Okinawa as well as divert the attention of Americans from
the dire economic situation at home. . Israel: IDF Troops Who
Murdered Unarmed Innocent People Are ‘Brave Heroes’ The
government of israel, aided by many quarters of the international
media, is attempting to spin today’s deadly IDF assault on a
humanitarian aid ship carrying supplies to Gaza as the fault of the
murdered activists on board the vessel, ludicrously characterizing
machine-gun carrying Israeli troops who killed over a dozen innocent
people as the victims of the incident.

Murder on the high seas JERUSALEM: Israeli marines stormed aid ships
bound for Gaza on Monday and at least 10 rights activists were killed,
triggering a diplomatic crisis and an emergency session of the UN
Security Council. European nations, as well as the United Nations and
Turkey, voiced shock and outrage at the bloody end to the
international campaigners' bid to break Israel's blockade of the Gaza
Strip

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.
Iraqi doctors demand cancer probe Al Jazeera | Iraqi doctors believe
depleted uranium from US military equipment used in the 2003
invasion is spreading cancer through the population. [This is all too
true and real; and I’m surprised this hasn’t gotten more attention,
coverage … well, maybe not that surprised ].

"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 they 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/ricosummarytoFBIunderp
enaltyofperjury.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
]

Drudgereport: DEBT RISE TO $19,600,000,000,000.00 BY 2015

NY MAY SHUT NEXT WEEK: Paterson Warns Chaos, Anarchy...
GALLUP: NEW LOW FOR O, SLIPS TO 44%...
POLL: Voter support for Congress at all-time low...
BP eyes showdown with US govt on liability...
UN hits Iran with new sanctions over nuclear program...
TURKEY, BRAZIL VOTE AGAINST...
Ahmadinejad: Resolution 'like a used handkerchief'...
Copter shot down in Afghanistan; 4 Americans dead...
Gates predicts tough summer, confident of gains…Oooooh! Sounds like a
plam!...
Shares Plunge 16% as Pressures Mount...
'Month before they declare Chapter 11'...
PAPER: Obama's attacks on BP hurting British pensioners...
Windows shot out at BP gas station...
POLL: 74% Oppose Tax On DRUDGE, Web Sites To Help Newspapers...
Ahmadinejad Stresses Need for 'New World Order'...
Russia, Iran in joint venture for nuclear plant...
Two more Palestinians killed by Israel wash ashore...
UN rebukes of Israel permitted in US policy shift...
DEBT POISED TO OVERTAKE GDP
POLL: BP Oil Spill Response Rated Worse than Katrina...
WH PRESS QUEEN: JEWS GET OUT OF ISRAEL, GO BACK TO POLAND …
UPON REFLECTION, A GOOD IDEA … AFTER ALL, THE ENGLISH
BALFOUR DECLARATION WAS A PRO-COMMUNIST CONCESSION, A BAD
IDEA, AND THE CREATION OF ISRAEL U.S. DOD CHIEF JAMES
FORRESTAL OPPOSED IN 1948 AS AN AMERICA KILLER!
'Three Cheers for Helen Thomas'...
Fleisher: Ethnic Cleansing by israel … Wouldn’t abrogation of flawed /
failed balfour and sending jews home to europe be the wisest and most
peace generating course ...
UPDATE: Crude gushes from cap; only a fraction captured...
Census Worker Claims Job Numbers Being Inflated...
Bilderberg 2010: Between the sword and the wall...
Protesters 'being detained, searched, questioned'...
Final List of Participants...
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