Showing posts with label Congress. Show all posts
Showing posts with label Congress. Show all posts

Friday, December 11, 2009

Financial market and commodity hype

What Is An Economic Hit Man? ~ describing what I am talking about. Market and political hypers such as Obama is just a variation of the economic hit men.
http://www.wanttoknow.info/johnperkinseconomichitman
e.g. BRIC = Economic Hit Man

No Hope : avoid the greed - fat billionaires market hype - greed is the root of all evil. 1 Tim 6 ~ The repeated bubble/crash manipulation is the tool which they use to literally rob billions and trillions from whoever listens to their hype. The trillionaire/billionaire economic and financial market hype always leads to bankruptcies as we have seen it in Europe and in the United States. Their demonic greed is sucking up 98% of the global wealth. Now, they give out Nobel Peace Prize for making wars -- no hope in this world -- as the demonic greed is prolific than ever before.

Rogers should consider that 1 out of 4 children is on food stamp, but obviously he only thinks about his greed and his children would be damned because of his greed hyping commodity price - when does the demonic greed stop. He got his money from you by hyping markets.
  • Reality check: Jim Rogers impact — With food stamp use at record highs and climbing every month, a program once scorned as a failed welfare scheme now helps feed one in eight Americans and one in four children. It has grown so rapidly in places so diverse that it is becoming nearly as ordinary as the groceries it buys. More than 36 million people use inconspicuous plastic cards for staples like milk, bread and cheese, swiping them at counters in blighted cities and in suburbs pocked with foreclosure signs.

Wealthy Americans? Only fooled wealthy Americans who will go bankrupt would be spending like nothing has happened like gamblers. Many around the world is brainwashed by believing what the media says using all types of advertisements and propaganda. All should recognize the greed is destroying millions and nations.
  • Americans Sour on Economy, Distrustful of Washington

    Americans remain pessimistic about the economy and have little trust in Washington's economic leadership— despite $1.5 trillion in federal spending on stimulus and bailouts, a new CNBC "Wealth in America Report" finds


It is a horror news for China in a long run, e.g. Jim Rogers and other mega funds jumping on China. Just like all evil, at first it looks good, but the eventual outcome is destruction. That's what the greed does to all, e.g. Europeans and the United States. The cycle of wealth destruction will be in shorter timeframe as the methods for swindling money is further developed so that it is easier to fool many using colluded trillions of funds using economy and financial markets.

http://www.cnbc.com/id/34375505

* Chinese Car Market Overtakes that of US -- China has overtaken the U.S. as the world's biggest market for automobiles, the first time any other country has bought more vehicles than the nation that produced Henry Ford, the Cadillac and the minivan.


Friday, November 27, 2009

More dupers - the Fed Bernanke show


Astonishingly degenerative market hype avoiding to recognize the market reality of increasingly manipulative and deceptive practices. "Bernanke" after "Greenspan" has indeed shaken the global finance and economy literally stealing billions and trillions for the Fed members and capitalists. Now his reappointment hearing on 12/3 -- the dupers.


Dubai Bankruptcy could be inevitable. It is quite likely that Dubai could go bankrupt, just as millions did.
Obviously, global wealth is concentrated in a very few hands, and it is impossible to justify the enormous spending based on the mostly bankrupted people around the world as we can see millions of Americans went bankrupted and major nations in Europe went bankrupt.

Most of western countries are bankrupted, and there aren't many left who can spend except financial market hype and manipulation. Anyone who falls into market manipulation would certainly go bankrupt to support the massive expenses. It is evident what is left is market manipulation.

    • The fact that Dubai has been struggling under huge debts is not a surprise to anyone who has followed the Emirate’s economy over the last 10 years. http://www.cnbc.com/id/34171381
      years.

    • Gartman Warns: Dubai Stock Market Fear Has 'Legs'

      AP

      A huge property-led boom saw money pile into infrastructure and construction projects like the Palm Jumeirah or the soon-to-be-completed 810 meter Burj Dubai tower that will dwarf any building on earth.





11/25/2009 Half of Banks' Losses May Still Be Hidden: IMF Head

    • Half of the losses suffered by banks could still be hidden in their balance sheets, more so in Europe than in the United States, the International Monetary Fund's chief, Dominique Strauss-Kahn, was quoted as saying on Tuesday. http://www.cnbc.com/id/34143699

Illogic destroying nations globally

Paul incomplete thinking that running up gold price and blaming the Fed will solve the problem while the greedy congress is also a part of the problem which we are facing. The Fed is driven by trillion size fund managers and capitalists, therefore, blaming only the Fed is delusion. He is also a part of gold price hype causing more trouble running up prices and further destroying and devaluing American wealth in reality.
  • Mortgage Demand Slips as Rates Hold Near Lows



  • Friday, November 20, 2009

    How to fix America and the world

    How to fix America and the world ~ before the end of the world...

    http://trend-signals.blogspot.com/2009/11/who-is-paying-taxes.html


    1. Take profit and pay tax based on emergency tax increase for high-income category -- e.g. 90% tax on goldman profit.

    2. Reestablish strong regulations including reacting the Glass-Steagall in US as an example,

    3. Recoup all high paid bonuses as they don't deserve it as the profit is gained by swindling the rest. It does not take much intellect to conspire and to wolf millions using massive collusion,

    4. Back to the basics of developing basic needs and better educational system,

    5. Promote "freedom of choice" of faith - Christianity, Muslim, Catholic, etc., and promote massive broadcast the freedom using global media educating the common of different faith. No faith is also a part of global education, however, enact a global bill on No-attack on any faith.

    When we eliminate greedy bastardid agenda, promoting world security and peace is quite easy.
    * After reviewing the details of the news, the tuition hike is necessary and a good decision. Most of countries in Asia, for example, have high tuition cost without state funds and also high competition to enter good universities like 20:1 ratio. The tuition hike is painful, but considering the CA state going bankrupt, it should have done years ago. Also, the higher tuition cost could prompt students to be serious about education.
    http://www.cnn.com/2009/US/11/20/california.tuition.protests/index.html


    http://us.cnn.com/video/?/video/ireports/2009/11/20/irpt.nat.california.protests.cnn
    * Our educational system has to be shaken up, actually. For example, cannabis was offered to me at schools, but I have never taken it. For example, a roomful of students smoking pots -- and even though I was there, I never took it.

    Many of us are taking our system including educational system for granted, so feeling pain would be a catalyst to shake up and to get serious.

    http://www.cnn.com/2009/US/11/20/california.tuition.protests/index.html

    *pdf food insecurity 2009
    ftp://ftp.fao.org/docrep/fao/012/i0876e/i0876e.pdf


    * What is going on around the world?

    * Congressional members with over million
    * Colluded money has swindled Americans and the nation.

    The problem which we are facing is not "size" of banks, for example, but THE REAL PROBLEM is GREED. When we control "greed", we will be heading to right path which will promote integrity, security, world peace, and other benefits of being fair and just.

    Buffett noted "Greed will always exist" during the interview at Columbia University -- and as I noted before, he is a part of the world problem associated with Greed as we can see it in the world history. We need to control greed to fix long term problems around the world. To control "greed", we must see "effect regulation" as greed is a root of all evil, corruption, immorality, and all ill-wills around the world.


    Financial Market Fooling Americans and all around the globe.


    The financial markets have further indebted the United States while literally defrauding billions as we have seen the profit of Goldman, Buffett, all big funds showing that financial markets are used nothing but to swindle massive Americans as historical data is showing in various timeframe analysis - very long term, long term, short term. Short term market hype can mislead many sheeples, however, focusing on long term data can provide better understanding and reality. The colluded money profit is always coming out of massive sheeples who are listening to media hype leading to financial and spiritual disaster.
    http://trend-signals.blogspot.com/2009/07/rapture-may-21-2011.html


    James Madison on Rothschild
    History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance.



    Tuesday, November 17, 2009

    Congress - over million

    Total 535 members: 100 senators and 435 members of the House of Representatives.

    The Richest Members Congress

    Recently, the Center for Responsive Politics (CRP) analyzed the financial assets of US lawmakers based on required annual disclosures, and found that there are 237 millionaires in the US Congress.

    The CRP determines estimated net worth based on some 40 asset and liability categories. Each has a value range, such as $5 million to $25 million.

    Assets, for instance, include non-government income, asset transactions, spouse's income, gifts and more. Listing of Non-income generating property (including a primary residence) is not required under disclosure rules. Assets listed were held by members of Congress in 2008.

    By Paul Toscano
    17 Nov 2009 http://www.cnbc.com/id/33993791?slide=16


    1. Rep. Darrell Issa (R-Calif.)

    Avg Net Worth: $251.03 million
    Range: $164.7 million - $337.4 million
    Ranks 1st in the House

    Biggest Reported Assets
    1. Greene Properties
    - $25 million to $50 million
    2. California Various Purpose Bond
    - $7, million to $35 million
    3. BlackRock Summit Cash Reserves Fund
    - $5 million to $25 million

    2. Rep. Jane Harman (D-Calif.)

    Avg Net Worth: $244.80 million
    Range: $112 million to $377.4 million
    Ranks 2nd in the House

    Biggest Reported Assets
    1. Harman International Industries
    - $32 million to $85.1 million
    2. UBS Select Prime Institutional Fund
    - $7.1 million to $35.3 million
    3. Sail Pacific Explorer Fund LLC
    - $1.5 million to $6 million


    3. Sen. Herb Kohl (D-Wisc.)

    Avg Net Worth: $214.57 million
    Range: $163.5 million - $265.6 million
    Ranks 1st in the Senate

    Biggest Reported Assets
    1. Ranch & Ranch Buildings/Horse Breeding
    - $5 million to $25 million
    2. Vacant Land (Includes Residential Lots)
    - $1 million to $5 million
    3. Northridge Co
    - $1 million to $5 million


    4. Sen. Mark Warner (D-Va.)

    Avg Net Worth: $209.70 million
    Range: $73.3 million - $346.1 million
    Ranks 2nd in the Senate

    Biggest Reported Assets*
    *Individual asset data not available from The Center for Responsive Politics


    5. Sen. John Kerry (D-Mass.)

    Avg Net Worth: $208.80 million
    Range: $158.6 million to $258.9 million
    Ranks 3rd in the Senate

    Biggest Reported Assets
    1. Dreyfus Treasury Prime Cash Mgmt.
    - $6.5 million to $9 million
    2. Pennsylvania State Bond
    - $4.1 million to $4.25 million
    3. Aberdeen Emerging Markets
    - $2 million to $3 million


    6. Rep. Jared Polis (D-Colo.)

    Avg Net Worth: $158.17 million
    Range: $50.7 million to $265.6 million
    Ranks 3rd in the House

    Biggest Reported Assets
    1. Goldman Sachs Bank Deposit
    - $25 million to $50 million
    2. Asia Investment Partners
    - $5 million to $25 million
    3. WCMA Money Fund
    - $5 million to $25 million


    7. Rep. Vernon Buchanan (R-Fla.)

    Avg Net Worth: $142.43 million
    Range: -$68.3 million to $353.2 million
    Ranks 4th in the House

    Biggest Reported Assets*
    1. VB Motor Yachts
    - $5 million to $25 million
    2. Jarrell Properties
    - $5 million to $25 million
    3. Aircraft ownership & leasing operation
    - $5 million to $25 million

    *Buchanan has disclosed a total of 8 assets in the $5 million - $25 million range.


    8. Sen. Jay Rockefeller (D-WVa)

    Avg Net Worth: $94.31 million
    Range: $60.2 million to $128.4 million
    Ranks 4th in the Senate

    Biggest Reported Assets
    1. Wachovia Bank Trustee
    - $25 million to $50 million
    2. United National Bank
    - $5,000,001 to $25,000,000
    3. Rockefeller Financial Services
    - $1.5 million to $2 million


    9. Sen. Frank R. Lautenberg (D-NJ)

    Avg Net Worth: $74.74 million
    Range: $47.6 million to $101.9 million
    Ranks 5th in the Senate

    Biggest Reported Assets
    *Individual asset data not available from The Center for Responsive Politics


    10. Sen. Dianne Feinstein (D-Calif.)

    Avg Net Worth: $72.38 million
    Range: $42.9 million - $101.8 million
    Ranks 6th in the Senate

    Biggest Reported Assets
    1. Carlton Hotel Properties
    - $5 million to $25 million
    2. Federated Government Reserves*
    -$1 million to $5 million
    3. Princeville Condominium/Kauai, HI*
    - $1 million to $5 million

    *Feinstein has disclosed a total of 5 assets in the $1 million - $5 million range.


    11. Rep. Michael McCaul (R-Texas)

    Avg Net Worth: $69.62 million
    Range: $38 million to $101.2 million
    Ranks 5th in the House

    Biggest Reported Assets
    *Individual asset data not available from The Center for Responsive Politics


    12. Rep. Alan Grayson (D-Fla.)

    Avg Net Worth: $54.45 million
    Range: $30.9 million to $77.9 million
    Ranks 6th in the House

    Biggest Reported Assets
    1. Derivion Claims
    - $25 million to $50 million
    2. AMG Trust
    - $5 million to $25 million
    3. Annaly Capital Management
    - $250,000 to $600,000


    13. Sen. James E Risch (R-Idaho)

    Avg Net Worth: $53.33 million
    Range: $19 million to $87.8 million
    Ranks 7th in the Senate

    Biggest Reported Assets
    1. 24+ Acres-Land/Canyon County, ID
    - $5 million to $25 million
    2. 40+ Acres-Land/Ada County, ID
    - $5 million to $25 million
    3. Farm & Ranch Land/40 Acres
    - $5 million to $25 million


    14. Sen. Bob Corker (R-Tenn.)

    Avg Net Worth: $52.35 million
    Range: $8.3 million to $96.4 million
    Ranks 8th in the Senate

    Biggest Reported Assets
    1. Corker Properties X LP
    - $6 million to $27 million
    2. Corker Properties I Ltd
    - $5 million to $25 million
    3. Pointer QP LP
    - $5 million to $25 million


    15. Rep. Cynthia Lummis (R-Wyo.)

    Avg Net Worth: $48.29 million
    Range: $12.9 million to $83.6 million


    Ranks 7th in the House

    Biggest Reported Assets
    1. Lummis Livestock
    - $5 million to $25 million
    2. Old Horse Pasture Inc
    - $5 million to $25 million
    3. ArpeHammand Hardware
    - $5 million to $25 million