Obama ran up deficit in trillions to pump financial markets.
Bernanke has over 2 trillions in the Fed balance sheet to be sold and has transferred over 14 trillions to the Fed owners - bankrupting millions of Americans using fraudulent activities.
The Senate approved President Barack Obama's healthcare overhaul, backing sweeping changes in the medical insurance market and new coverage for tens of millions of uninsured Americans.
Federal regulators plan to disclose that the top executives of government-controlled mortgage finance companies Fannie Mae and Freddie Mac each earned between $4 million and $6 million this year.
Senators voted 60-39 shortly after 7 a.m. to pass the bill, the centerpiece of President Obama's domestic agenda. Every member of the Democratic caucus backed the measure; every Republican opposed it. http://www.cnn.com/2009/POLITICS/12/24/health.care/index.html
The Healthcare Reform could be the straw which breaks the camel's back, collapsing the government -- indebting the nation off of the cliff.
The last time when HC professionals has gotten a big hit was during Clinton when they changed HC system. Isn't it obvious that the government is scraping every dollar which they can put their hands on.
Washington (CNN) -- millions of Americans will be forced into private insurance company plans, which will be subsidized by taxpayers. That alternative will do almost nothing to reform health care but will be a windfall for insurance companies. Is it any surprise that stock prices for some of those insurers are up recently?
The mandate violates the Fifth Amendment.
Sen. John Ensign, R-Nevada, has said the bill's requirement that all Americans purchase coverage is not authorized "by any of the limited enumerated powers granted to the federal government."
He also has argued the mandate violates the Fifth Amendment, which states that private property shall not "be taken for public use, without just compensation."
Congress lacks "the legal or moral authority to force this mandate on its citizens," Ensign recently said. "Is it really constitutional for this body to tell all Americans that they must buy health insurance coverage?" http://www.cnn.com/2009/POLITICS/12/23/health.care/index.html
Obama Health Care Reform & Unprecedented manipulation of financial markets and unprecedentedly high US Treasury debt/National Debt.
1. Americans are continuing to pile millions, billions, and trillions of debt to fatten Wall Street by pumping markets..... almost unprecedented market manipulation.
2. Obama is continuing to indebt Americans using Health Care Reform.
It is likely another Economic Hit Man type. The last time when we had the type of bill passed during the middle of night was
Quote:The 60-40 party line vote -- cast shortly after 1 a.m. -- kept Senate Democrats on track to pass the bill on Christmas Eve. They needed every vote in their 60-member caucus for the supermajority in the 100-member chamber needed to overcome the filibuster, and some senators extracted beneficial provisions for their states before agreeing to support the bill.
The American nightmare of Bernanke & Greespan continues:
We are seeing the de ja vu of lies and deception passing bills in the middle of night. Of course, Obama is following the money deception orders to benefit big insurance companies.
Senate Democrats moved closer Monday to passing landmark health care legislation by Christmas after scoring a win in the first big test vote and gaining the support of a powerful lobbying group for doctors.
The hype of Heath care companies is a form of proof about the real impact of Health care reform as the primary beneficiary of HCR will be HC insurance companies as they continue to swindle wealth out of Americans in a long term. Where their profit will be coming? It will be from Americans.
Cramer who literally took dines and pennies out of College students is now hyping HC companies. Cramer: Time to Buy Health Care?
Why health care bill is too big a risk ~> as we experienced what political and financial pigs do is ultimately robbing Americans as they have for decades. Bigger and radical bill is bigger robbery bills have been in US History during the decades, e.g repealing the "Glass-Steagall" act which was the basis for the R.E. bubble/crash manipulation. http://www.cnn.com/2009/OPINION/12/21/frum.health.bill.leap/index.html
12.19.2009 Washington (CNN) -- U.S. Sen. Ben Nelson of Nebraska on Saturday threw his support behind the Democrats' health care reform bill, giving the party the crucial backing it needed to avoid a Republican filibuster that would prevent a Senate vote.
The Health Care Reform is also a part of noise even though we need BADLY a Reform of all kinds. For example, Medicare HighMark changes claim payment processing to automated system for answering problem cases. The computer system is not only so very inefficient to handle problem cases, but also, the computer access time is restricted only from 8:30 am to 4 pm to delay payments for processing to use "filing expiration" period. In order to solve a problem, a payment inquiry has to go through ineffective computer VRS, and then, spend another hour to get to a person. It is likely another way to rip off millions of people.
Obviously, the HCR is a change which could be squeezing out more money out of millions of Americans, for example, Medicare and Medicaid.
Also, they claim that they forwarded 20% co-insurance to Medicaid, however, Medicaid doesn't pay cross-over claims with excuses of not receiving cross-over claims.
While the fat pigs swindle millions, billions, and trillions using all kinds of venues including Treasury robbery.
Many traders expect a rally to drive the market higher through year end. But the big questions are what does the first quarter bring when absent investors return to their desks? And what do investors do to prepare for that?
No more melt-down of financial markets since there is no more sheepsters to slaughter, but millions of sheepsters are bleeding now as what is going on in American household has a very little correlation to how financial markets are manipulated using economic and financial market speculation.
Regarding TS Geithner comment, given the nature of market bubble/crash manipulation designed with the repeal of the Glass-Steagall act to profit billions and trillions from multi-decades American wealth, it is obvious that we will not see the similar financial melt-down shorting market activities again as millions of Americans are bankrupted already. However, we will see more bankruptcies and foreclosures.
Sales of newly built U.S. single-family homes unexpectedly fell to their lowest level in seven months in November, data showed on Wednesday, dealing a blow to the housing market's recovery.
U.S. consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, boosting hopes of a self-sustaining economic recovery.
A reasonable speculation can be made that the recent snow in N.E. setting new record was designed by the Washington. My guess is it was designed by the Washington. We have R & D centers for weather control in major universities and government entities around the world.
It is possible with a high probability that weather can be manipulated for a short period.
The Times December 23, 2009The inconvenient truth about climate change
Obama greed and deception: Transferring millions, billions, and trillions from Treasury to pump markets while distributing stock inventories in trillions.
A bipartisan group of former lawmakers and budget officials called on Congress and President Barack Obama Monday to commit to reining in trillion-dollar plus budget deficits to avoid dragging down the economy.
Obama WORST ~ Obama osama drama... He has done NOTHING except spending, pumping, stealing, and running his mouth.
For many, Obama is the worst nightmare because what he does is pumping markets stealing from Treasury, spending like spendholics with debt with excuses. Insults Christians ~ He runs his mouth stealing money, plays his drama solving nothing, pumping markets pretending anything is solved while kissing bankers rear in reality.
It's nightmare from osama to obama along with freaking greedy market manipulators left and right drama!
Quote:And Obama's job approval has slid some more down at the 50% level -- and below even, faster than any new president since Harry Truman.
Investors nervous about the state of the economy appear ready to put a floor under the dollar, regardless of what the Federal Reserve does with interest rates.
Markets are showing negative divergences, and we are seeing a bit of profit taking in premarket. We haven't seen a profit taking for the last 9 months, so, it is rather healthy pull back.
President Obama Tuesday outlined measures that will "generate the greatest number of jobs" and stimulate the economy, including measures to aid small business, a new round of of consumer rebates for energy efficiency and additional infrastucture spending.
President Barack Obama, battling a public outcry over double-digit U.S. unemployment, Tuesday will lay out several new steps to boost employment and confront a challenge that has hurt his popularity.
We need to realize the reality of 21 century that Americans and the nation is being deceived by the greedy traitors of the Fed and most of members in Politics as having false hope is detrimental as we have seen the political scam and false promises by Obama, as example. The greedy FED Bernanke/Goldman, etc will lie, deceive, mislead, and will do anything to further scam Americans with their own interest, not Americans, as we have seen the ill-intent throughout the US History. Everything what the Fed and capitalists say is ultimately detrimental to Americans and many around the world as they take away wealth from many -- that is what we can see throughout the history and provable financial data.You are consumed, i.e. you are called as "Consumers", to fill their insatiable greed.
Unless Americans, all around the world, realize the facts, we will not see any hope since we are all misled by demonic traitors. The fundamental truth about satanic power is using deception and temptation motivated by greed as we have seen in Genesis 3 and Matthew 4. What we have seen is repeated "Deception" used by the Fed and by most of politicians, therefore, we must realize that the satanic power oppressing the world is using deception and temptation so that we can discern the scam. When we have the ability to do so, we can see a real change for good.
U.S. private employers shed 169.000 jobs in November, fewer than the 195,000 jobs lost in October, a report by a private employment service said Wednesday.
U.S. mortgage applications nudged higher last week, data from an industry group reported on Wednesday, as consumers showed a subdued reaction to the lowest interest rates in six months.
"I am not blaming Bernanke (he doesn't even know he doesn't understand how things work or that the tools he uses are not empirical); it is the Senators appointing him who are totally irresponsible — as if we promoted every doctor who committed malpractice," he wrote. http://www.cnbc.com/id/34234721
An Open Letter To President Obama On Afghanistan: Pure and simple. And with that you will do the worst possible thing you could do -- destroy the hopes and dreams so many millions have placed in you. With just one speech tomorrow night you will turn a multitude of young people who were the backbone of your campaign into disillusioned cynics. You will teach them what they've always heard is true -- that all politicians are alike. I simply can't believe you're about to do what they say you are going to do. Please say it isn't so. http://www.huffingtonpost.com/michael-moore/an-open-letter-to-preside_b_373457.html
The problem is that at the very highest level, we have the most financially unjust operation is going on, and most of regulations are enacted after massive fraud in billions and trillions. The regulations are mostly barking small cases after massive financial swindle.
For example, it is unbelievable that some actually say that repealing "Glass-Steagall" act wasn't a basis for the R.E. bubble/crash manipulation.
ONLY, those who have sound knowledge of financial market history and reality, and "INTEGRITY" would be able to make sound commentaries and to voice fair assessment of history.
Obama Administration Launches Financial Fraud Task Force: "(RTTNews) - In order to strengthen efforts to combat financial crime, the Obama administration announced Tuesday that is has established an interagency Financial Fraud Enforcement Task Force."
Continuing to manipulate financial market prices to lure in small buyers -- sickly markets.
The fact is that Americans are now going through a depression, however, financial markets are still funneling money from Treasury and hyping to unload stocks to small, retail buyers.
Other factors are obviously speaking loud enough to show that Capitalism in America and around the world is corrupt, and there will not be real reformation to prove otherwise as the financial market history and current economic and financial statistics are proving the reality of when Americans rejected God, the country was going down with the faith. The worship of materialism in fact brought down the countries around the world.
* CNN host Lou Dobbs, whose outspoken views on U.S. immigration have made him one of the most controversial figures on cable news, said on Wednesday he is leaving the 24-hour cable news network because he wants a freer platform to state his opinion. http://www.cnbc.com/id/33870213
President Obama, facing a 10.2 percent U.S. unemployment rate, will announce Thursday plans for a jobs summit in December, an administration official said.
Astonishing to see bad economic news is used as excuses to bankrupt the United States, as the Fed did with major European countries. The FED tactics is quite simple as it bubbles up financial markets, then, crush economy to use debts with excuses of stimulating economy. The enslaving nations around the world tactic has worked for decades as we can see that 1% owning over 98% global wealth -- astonishing. Only God can deliver us from the inevitable doom as in Revelation.
Capitalist activities around the world bankrupting nations.
With the FOMC meeting, markets advanced after finding a support at SPX 1030. We now have overbought intraday 60min. Given the market psychology, we still do not have a confirmation for a correction. As shown on the 60min chart, 1075 +/- is a major resistance for a correction scenario.
Markets are continuing to trade against bearish sentiment using it for price advancement. As shown on the SPX daily chart, we have lower-high price action, so far, with daily price momentum is turning up while weekly price momentum is turning down. Given 7-8 months price advance, it is reasonable to expect a correction. Going into holiday trading and dealing with bad sentiment, I am not expecting much from markets going into EOY.
American Bankers Association protests This week, hundreds of protesters are gathering in Chicago to demonstrate at the American Bankers Association's annual meeting. The protesters are calling on banks that received billions in federal bailout money to help consumers who have fallen victim to bad loan practices and are losing their homes to foreclosure.
With the protest at Chicago, the Fed Bernanke again pumped markets after the FOMC, obviously.
With the financial, economic, and political drama, the financial gain using global markets is astonishing. No wonder that 1% owns over 98% of global wealth using market volatility to upside and downside. With 3x etf and option, the gain would be astonishing with complete market control.
Obama welcomes US economic growth:President Barack Obama has welcomed the news that the US economy returned to growth between July and September. Official figures showed the economy grew by 3.5% during the quarter, its first expansion in more than a year.
The deceptive capitalists will continue to brainwash Americans, globally. They will pay for lies, murders, and deceptions in hell sooner or later as they are continuing to bankrupt millions and nations around the world. Never trust the deceptive money criminals' lies, deceptions, and propaganda. The soldiers would not know what the hell is going on in reality.
Isn't it obvious after spending billions and trillions US debt, the GDP would be up. Who in the right mind would not know the reality of the GDP number.
The deceptive capitalists pocketed Treasury, literally stealing from the big printing machine while they are waiting for survived Americans to spend until all file for bankruptcies after spending their life-savings. In reality, the criminals are stealing from millions, globally. The Fed = Treasury = Financial Mafia
U.S. third quarter growth data was very encouraging and showed the economy has stabilized but still faces difficulties, Treasury Secretary Timothy Geithner said on Thursday.
Americans >> With the government $12 trillion in debt, you'd think lawmakers would watch every penny. But that is not the case in Washington.
With the financial manipulation, it will not be just Iraq bombs going off, soon, many around the world would be lining up to deliver Bombs living hell out of many.
The criminals will pay for their crime in hell for creating living hell for many.
Sooner or later, there will be millions lining up for suicide bombs and guns, obviously. Considering the pattern of global financial destruction, it is evident that "faith" is used by mammon to deceive many, e.g. Christianity, and now, Muslim.
Who in ignorance be repeatedly deceived by the propaganda based on the capitalist deception.
The highest, with a 183 percent increase, is the energy and water budget, which includes the Department of Energy and the Army Corps of Engineers. Its current budget provides $33.5 billion in total funding, which is $200 million -- or less than one percent -- over last year's level.
This is an eye-opening Tax rate chart since 1913. Tax manipulation is just another tool for the greedy capitalists to manipulate economy and financial markets to confuse, to swindle, and to rob in the long run as we can see that most of major countries in Europe and the United States are literally bankrupted while 1% owning over 98% of global wealth.
The Fed would play less of a role in handling firms that pose a systemic risk to the economy, giving more authority to a council composed of several regulatory agencies
