PDA

Vollständige Version anzeigen : Now this has to be scary.....not always


Seiten : 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 [54] 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101

lunar
19.07.2011, 14:32
v7TctLPrOzA&feature

...ist lang aber :supi :cool und amüsant :D

lunar
19.07.2011, 15:05
Atom-Boom in Asien

Inder entdecken riesiges Uranvorkommen (http://www.spiegel.de/wissenschaft/technik/0,1518,775210,00.html)

Sensationsfund in Indien: Forscher haben ein gigantisches Uranvorkommen entdeckt, es könnte das größte der Welt sein. Trotzdem reicht die Menge wohl nicht aus, um alle Atomkraftwerke des Landes zu versorgen - der Energiehunger der boomenden Wirtschaft ist einfach zu groß. mehr... (http://www.spiegel.de/wissenschaft/technik/0,1518,775210,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40103) ]

:rolleyes

lunar
19.07.2011, 15:09
Politik: 19. Juli 2011, 12:47

Israelische Soldaten entern Schiff von Gaza-Aktivisten (http://www.nzz.ch/nachrichten/politik/international/israelische_soldaten_entern_schiff_von_gaza-aktivisten_1.11497018.html)

Besatzung leistet keinen Widerstand

(http://www.nzz.ch/nachrichten/politik/international/israelische_soldaten_entern_schiff_von_gaza-aktivisten_1.11497018.html)Die israelischen Streitkräfte haben nach eigenen Angaben vor der Küste des Gazastreifens ein Schiff pro-palästinensischer Aktivisten geentert.

...

:rolleyes
(http://www.nzz.ch/nachrichten/politik/international/israelische_soldaten_entern_schiff_von_gaza-aktivisten_1.11497018.html)

lunar
19.07.2011, 15:14
Sex mit DSK: «einvernehmlich, aber brutal» (http://www.tagesanzeiger.ch/ausland/europa/Sex-mit-DSK-einvernehmlich-aber-brutal/story/25023572)

Überraschendes Geständnis im Fall Strauss-Kahn: Die Mutter der Autorin, die DSK versuchte Vergewaltigung vorwirft, hatte vor Jahren eine Affäre mit ihm. Dies hat sie der Pariser Polizei zu Protokoll gegeben. Mehr... (http://www.tagesanzeiger.ch/ausland/europa/Sex-mit-DSK-einvernehmlich-aber-brutal/story/25023572)

Von Nina Merli (http://www.tagesanzeiger.ch/stichwort/autor/nina-merli/s.html). Aktualisiert um 14:01 Uhr 7 Kommentare :hihi;) (http://www.tagesanzeiger.ch/ausland/europa/Sex-mit-DSK-einvernehmlich-aber-brutal/story/25023572#kommentar)

lunar
19.07.2011, 15:48
Tuesday, July 19, 2011

TOTO I'M SCARED (http://kliguy38depression2news.blogspot.com/2011/07/toto-im-scared.html)

Maybe we are pretending that we are still in Kansas but we are not even close anymore. We crossed that line a long time ago. After 2008 a new paradigm had to be born and the choices were bad and very bad. Time may tell which one was chosen or it may always be debated just as the choices during the Great Depression are still debated today. I am not going to pretend that I have the answers but there are certain facts that are self-evident. There is a major loss of CONfidence that is ebbing with every manipulative lie that leaks into the daily conscience of the American People. I use "American People" because the rest of the world at least until now was much better informed than our public was on how the international banking cartel ruled the world. Unfortunately its a little late for us to do a lot about the destruction of the rules and regulations that got us to this destructive part of our young democracy. We are most likely in the end-o-days for many of the excesses that we have enjoyed for decades. Our consumption of 25% of the world's yearly oil usage must and will come to an end. The wars and global manipulation to keep the prices here cheap will be changing out of necessity during the next decades. This will most likely be positive as it forces us to adapt to newer technologies using renewable sources of energy including conservation measures that were always available. These are nature's ways of mandating change......

lunar
19.07.2011, 15:54
WATCH: Murdochs quizzed on scandal

News Corp founder Rupert Murdoch, son James and ex-News International chief executive Rebekah Brooks face parliament today in London over their knowledge of phone hacking at the UK tabloid News of the World. | LIVE BLOG (http://news.blogs.cnn.com/2011/07/19/live-blog-police-murdoch-brooks-to-testify-in-phone-hacking-scandal/?hpt=hp_c1)

July 19, 2011 -- Updated 1346 GMT (2146 HKT)


Murdoch: 'This is the most humble day of my life' (http://news.blogs.cnn.com/2011/07/19/live-blog-police-murdoch-brooks-to-testify-in-phone-hacking-scandal/?hpt=hp_t1)

Rupert and James Murdoch express regret about the phone hacking at the News of the World tabloid in front of a parliament committee inquiry in London. LIVE BLOG (http://news.blogs.cnn.com/2011/07/19/live-blog-police-murdoch-brooks-to-testify-in-phone-hacking-scandal/?hpt=hp_t1)

lunar
19.07.2011, 16:00
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Watch The MurdochGate Hearing Live In UK Parliament (http://www.zerohedge.com/article/watch-murdochgate-hearing-live-uk-parliament)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 09:32 -0400

Live from the UK Parliament's culture, media and sport committee, here are Rupert Murdoch and Rebekah Brooks explaining why hacking people's phones may not have been the best idea ever.




17 comments (http://www.zerohedge.com/article/watch-murdochgate-hearing-live-uk-parliament#comments)
Read more (http://www.zerohedge.com/article/watch-murdochgate-hearing-live-uk-parliament)

lunar
19.07.2011, 16:01
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Frontrunning: July 19 (http://www.zerohedge.com/article/frontrunning-july-19-0)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 08:58 -0400


Moody's suggests U.S. eliminate debt ceiling (Reuters (http://www.reuters.com/article/2011/07/18/us-usa-debt-moodys-idUSTRE76H0WH20110718?feedType=RSS&feedName=topNews&rpc=71))
ECB weighing eurozone default options (FT (http://www.ft.com/intl/cms/s/0/535dc2ac-b1e7-11e0-a06c-00144feabdc0.html#axzz1SSOEOn3v))
Debt Deal Search Intensifies (WSJ)
Obama struggles to get Wall Street funding (FT (http://www.ft.com/intl/cms/s/0/ed504074-b0ac-11e0-a5a7-00144feab49a.html))
Euro Zone Sees 3 Options For Private Role in Greece (Reuters (http://finance.yahoo.com/news/Exclusive-Euro-zone-paper-rb-1482035474.html?x=0))
Germany Says It's Confident EU to Reach Agreement on Second Greek Bailout (Bloomberg (http://www.ft.com/intl/cms/s/0/ed504074-b0ac-11e0-a5a7-00144feab49a.html#axzz1SSOEOn3v))
ECB's Mersch-Inflation risks to upside, eyeing developments‎ (Reuters (http://www.reuters.com/article/2011/07/18/ecb-mersch-idUSL6E7II0QV20110718))
Lockhart: Fed could keep rates low "much longer" (Reuters (http://www.chicagotribune.com/business/sns-rt-us-usa-fed-lockharttre76h55g-20110718,0,6242017.story))
Greece Seeks Advisers for Privatization (WSJ (http://online.wsj.com/article/SB10001424052702303795304576453710979919774.html?mod=WSJ_business_whatsNews)) - there's always Goldman


14 comments (http://www.zerohedge.com/article/frontrunning-july-19-0#comments)
Read more (http://www.zerohedge.com/article/frontrunning-july-19-0)

lunar
19.07.2011, 16:02
Goldman-Sachs verpasst Gewinn-Erwartungen

19.07.11, 14:29

(http://www.cash.ch/news/topnews/goldmansachs_verpasst_gewinnerwartungen-1057723-771)Die US-Bank Goldman Sachs hat ihren Nettogewinn im zweiten Quartal gesteigert, die Markterwartungen aber nicht erfüllt. (http://www.cash.ch/news/topnews/goldmansachs_verpasst_gewinnerwartungen-1057723-771)mehr » (http://www.cash.ch/news/topnews/goldmansachs_verpasst_gewinnerwartungen-1057723-771)

lunar
19.07.2011, 16:08
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Visualizing Goldman's Epic Meltdown (http://www.zerohedge.com/article/visualizing-goldmans-epic-meltdown)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 09:21 -0400

No point in discussing Goldman's abysmal earnings. Here is the chart that says it all.




37 comments (http://www.zerohedge.com/article/visualizing-goldmans-epic-meltdown#comments)
Read more (http://www.zerohedge.com/article/visualizing-goldmans-epic-meltdown)
.
http://www.zerohedge.com/sites/default/files/pictures/picture-12006.jpg
by SheepDog-One
on Tue, 07/19/2011 - 09:25
#1469745 (http://www.zerohedge.com/article/visualizing-goldmans-epic-meltdown#comment-1469745)
Well we know when the banks get in trouble and feel the pinch, thats when the bad things happen to the peasantry. Watch out.

http://www.zerohedge.com/sites/default/files/pictures/picture-27680.jpg
by slaughterer
on Tue, 07/19/2011 - 09:28
#1469756 (http://www.zerohedge.com/article/visualizing-goldmans-epic-meltdown#comment-1469756)
Can't believe Blankfein rolled out the much-coveted "franchise value" as GS's saving grace. ... Would love some details on the trades they lost money on in Q2.

http://www.zerohedge.com/sites/default/files/pictures/picture-11319.gif
by Mr Lennon Hendrix
on Tue, 07/19/2011 - 09:32
#1469769 (http://www.zerohedge.com/article/visualizing-goldmans-epic-meltdown#comment-1469769)
They are going to need a bigger high frequency trading machine.

http://www.zerohedge.com/sites/default/files/pictures/picture-30987.jpg
by r101958
on Tue, 07/19/2011 - 09:44
#1469818 (http://www.zerohedge.com/article/visualizing-goldmans-epic-meltdown#comment-1469818)
Why else would the market be up over 120 right now? Maybe these 2Q results make QE3 much more likely?

http://www.zerohedge.com/sites/default/files/pictures/picture-11441.jpg
by foxmuldar
on Tue, 07/19/2011 - 09:55
#1469849 (http://www.zerohedge.com/article/visualizing-goldmans-epic-meltdown#comment-1469849)
Don't worry, the market is soaring again on big expectations from Apple. Jobs don't matter anymore just as long as Apple keeps blowing away its numbers. I bet Buffett bailed out of GS long ago. He got his piece of the pie following the bailout.
Housing starts are up highest in five months. Perhaps they are being built to house the homeless and the unemployed. lol
Life is good.

lunar
19.07.2011, 16:36
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Soros Goes To 75% Cash As Fed No Longer Telegraphing Trades (http://www.zerohedge.com/article/soros-goes-75-cash-fed-no-longer-telegraphing-trades)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 09:57 -0400
Earlier today we saw what happens to investment banks when the Fed no longer clearly telegraphs its intentions vis-a-vis which asset has to be frontran (see Goldman post earlier). It is not just banks. In the absence of the Fed semaphore, it turns out even such "legendary" hedge funds as Soros' $25 billion Quantum are about as clueless as everyone else. Bloomberg reports that "the fund is about 75 percent in cash as it waits for better opportunities, said the people, who asked not to be identified because the firm is private." The reason: "“I find the current situation much more baffling and much less predictable than I did at the time of the height of the financial crisis,” Soros, 80, said in April at a conference at Bretton Woods organized by his Institute for New Economic Thinking. “The markets are inherently unstable. There is no immediate collapse, nor no immediate solution." But, but... what about relative and fundamental value, pair, cap and M&A arb? What about long-term investment opportunities in the growth of the world? What about arbing the so-called business cycle? Are none of those strategies worthy of investment? Or has ubiquitous central planning made the only profitable trade simply frontrunning the Fed's beta wave with as much leverage as possible? What's that you say? Yes? Thank you, the defense of formerly fair and efficient markets rests.




30 comments (http://www.zerohedge.com/article/soros-goes-75-cash-fed-no-longer-telegraphing-trades#comments)
Read more (http://www.zerohedge.com/article/soros-goes-75-cash-fed-no-longer-telegraphing-trades)
.
by Pladizow
on Tue, 07/19/2011 - 10:13
#1469915 (http://www.zerohedge.com/article/soros-goes-75-cash-fed-no-longer-telegraphing-trades#comment-1469915)
Key Question - Cash in what currency?
It has been also reported he liquidated his paper gold holdings but is it possible he moved to physical and he considers this cash?


http://www.zerohedge.com/sites/default/files/pictures/picture-59401.jpg
by SeverinSlade
on Tue, 07/19/2011 - 10:18
#1469939 (http://www.zerohedge.com/article/soros-goes-75-cash-fed-no-longer-telegraphing-trades#comment-1469939)
Agreed.
I had a good laugh a few months back when every news headline read "Soros sells his gold! Bull market over?" MSM conveniently ignored the fact that Soros sold his PAPER gold and not his physical. Also reinvested the proceeds into two major gold miners (Freeport-McMoran and Goldcorp).
I'm with you. Bank on Soros using the proceeds to acquire even more physical.


http://www.zerohedge.com/sites/default/files/pictures/picture-28995.jpg
by Dr. Engali
on Tue, 07/19/2011 - 10:18
#1469941 (http://www.zerohedge.com/article/soros-goes-75-cash-fed-no-longer-telegraphing-trades#comment-1469941)
Well according to uncle Benny gold is not money.

lunar
19.07.2011, 16:41
Toter Enthüllungsreporter Sean Hoare

"Sagt, dass ich nicht da bin" (http://www.spiegel.de/panorama/0,1518,775258,00.html)

Er brachte die Abhöraffäre ins Rollen, nun wurde der ehemalige "News of the World"-Reporter Sean Hoare tot in seiner Wohnung gefunden. Lange war er Teil des Systems - dann aber plagten den schwer Suchtkranken Gewissensbisse. Von Jochen Brenner und Jens Witte mehr... (http://www.spiegel.de/panorama/0,1518,775258,00.html) [ Video (http://www.spiegel.de/video/video-1138542.html) | Forum (http://forum.spiegel.de/showthread.php?t=40111) ]




:confused:rolleyes schon irgendwie suspekt :oo

lunar
19.07.2011, 21:47
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Delayed MOMO Knee Jerk Reaction To "Fluff Compromise" Breaks ES-RISK Correlation (http://www.zerohedge.com/article/delayed-momo-knee-jerk-reaction-fluff-compromise-breaks-es-risk-correlation)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 13:52 -0400

You guessed it: the second the headline scanning momos and HFTs got wind about the new debt program, despite it being out there for over an hour, the market surged. But only stocks. The broader representation of risk has barely budged. Is this divergence sustainable? Who knows (except for Brian Sack of course). Those who can recreate the RISK basket synthetically may wish to contiune the trend of profitable compression trades between reality and momo stupidity.


55 comments (http://www.zerohedge.com/article/delayed-momo-knee-jerk-reaction-fluff-compromise-breaks-es-risk-correlation#comments)
Read more (http://www.zerohedge.com/article/delayed-momo-knee-jerk-reaction-fluff-compromise-breaks-es-risk-correlation)

lunar
19.07.2011, 21:52
19 July 2011

SP 500 Futures Intraday: Coiling For A Move (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-futures-intraday-coiling-for.html)

I suspect that this short term symmetrical triangle and intermediate "W formation" will show its hand when the US debt ceiling issue is resolved.

The fibo levels at 1307 and 1295 are powerful chart points, and the 1287 and 1322 indicators may be helpful in confirming any moves, sorting out the fakeouts.

Keep an eye on VIX and gold.


Posted by Jesse at 12:25 PM (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-futures-intraday-coiling-for.html) :verbeug

lunar
19.07.2011, 21:57
«Ich habe die Vorgänge aus den Augen verloren» (http://www.tagesanzeiger.ch/ausland/europa/Ich-habe-die-Vorgaenge-aus-den-Augen-verloren/story/23675087)

http://files.newsnetz.ch/story/2/3/6/23675087/83/teaserbreit.jpg?1311104940 (http://www.tagesanzeiger.ch/ausland/europa/Ich-habe-die-Vorgaenge-aus-den-Augen-verloren/story/23675087) Die Akteure des «News of the World»-Skandals haben vor den britischen Parlamentariern jegliche Verantwortung von sich gewiesen. Die Anhörung musste wegen einer Schaum-Attacke auf Rupert Murdoch unterbrochen werden. Mehr... (http://www.tagesanzeiger.ch/ausland/europa/Ich-habe-die-Vorgaenge-aus-den-Augen-verloren/story/23675087)

Von Amir Ali (http://www.tagesanzeiger.ch/stichwort/autor/amir-ali/s.html). Aktualisiert vor 26 Minuten 4 Kommentare (http://www.tagesanzeiger.ch/ausland/europa/Ich-habe-die-Vorgaenge-aus-den-Augen-verloren/story/23675087#kommentar)

....Schmierenkomödie :bad

lunar
19.07.2011, 22:45
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Apple Crushes Earnings (http://www.zerohedge.com/article/apple-crushes-earnings)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 16:36 -0400

Here is the summary of the beat:



Revenues: $28.6 billion on Exp. of $25.02 billion
EPS: $7.79 on Exp. of $5.87
Q3 Gross Margin of 41.7% on exp. of 39.2%
Sold 9.25 million iPads on expectations of 7.8 million
Sold 3.95 million Macs on expectations of 4.2 million
.
And once again guides below expectations:
.


Sees Q4 Revenues of $25 billion on Estimate of $27.73 billion
Sees Q4 EPS of $5.50 on Estimate of $6.41
.
http://www.zerohedge.com/sites/default/files/pictures/picture-48346.jpg
by No Bid
on Tue, 07/19/2011 - 16:39
#1471761 (http://www.zerohedge.com/article/apple-crushes-earnings#comment-1471761)
“Looking ahead to the fourth fiscal quarter of 2011, we expect revenue of about $25 billion and we expect diluted earnings per share of about $5.50.”
In other words, "we're going to guide even lower, and beat by twice as much."

lunar
19.07.2011, 22:47
Apple shares to resume trading at 4:50 p.m.
EST Steve Jobs: Very focused on bringing iOS5, iCloud





July 19, 2011, 4:46 PM ET
Oh no! iPod sales are down 20%

Oh no!

Apple AAPL (http://www.marketwatch.com/investing/stock/AAPL) just reported its latest quarterly results and iPod sales are down 20%. (...und das ist dann die Schlagzeile :rolleyes)

The company only sold 7.54 million of them in the latest period.

Good thing that iPhone idea is still working out. (http://www.marketwatch.com/story/apple-reports-surge-in-third-quarter-earnings-2011-07-19?dist=afterbell) The company sold 20.34 million of them, up 142%.

Good thing that iPad idea is working out. It sold 9.25 million of them, up 183%.

Good thing that computer idea is still working out. It sold 3.95 million Macs, up 14%.

So, given that they made $7.31 billion, or $7.79 a share in the latest quarter, vs. $3.25 billion, or $3.51 in the same period a year earlier, they probably have enough cushion till they can turn around that music device business.

-Tom Bemis

http://blogs.marketwatch.com/thetell/2011/07/19/oh-no-ipod-sales-are-down-20/

lunar
20.07.2011, 08:42
Basel-Aufsicht stuft 28 Banken als zu gross ein (http://www.cash.ch/news/front/baselaufsicht_stuft_28_banken_als_zu_gross_ein-1057927-449)

20.07.11, 08:10

28 Banken weltweit sind nach Ansicht ihrer Aufseher derzeit so groß, dass ihr Zusammenbruch das ganze Finanzsystem ins Wanken bringen könnte. UBS und CS müssen ohnehin mehr Kapital aufbauen......

.....Nicht in Stein gemeisselt

Die 28 Banken wurden aus einer Liste von 73 Instituten aus 17 Ländern ausgewählt. Eines der 28 sei von seinen nationalen Aufsehern als systemrelevant gesetzt worden, ohne nach der Rangliste dazu zu gehören, hieß es von Seiten des FSB. Welche Institute mit den Aufschlägen leben müssen, soll nicht in Stein gemeißelt sein. Einmal im Jahr werde überprüft, ob ihre Systemrelevanz so weit abgenommen hat, dass sie aus der Liste herausfallen könnten.

Die Kehrseite der Medaille ist, dass systemrelevante Banken in den Augen ihrer Investoren als besonders sicher gelten: Sie trügen schließlich einen offiziellen Stempel, dass sie so groß wären, dass sie vom Staat nicht fallengelassen würden - und das könnte ihnen finanzielle Vorteile bei der Refinanzierung bringen. Um falsche Anreize zu vermeiden, will der FSB Regeln einführen, wie solche mächtigen Institute in der Krise geordnet und damit gefahrlos für die Branche auch über die Grenzen hinweg abgewickelt werden könnten. Das soll auf jeden Fall mit Einbußen für Aktionäre und Anleihenkäufer verbunden sein........

mehr » (http://www.cash.ch/news/front/baselaufsicht_stuft_28_banken_als_zu_gross_ein-1057927-449)

lunar
20.07.2011, 08:55
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Charting Apple Cash In The Bank vs. Cash Taxes Paid (http://www.zerohedge.com/article/charting-apple-cash-bank-vs-cash-taxes-paid)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 17:29 -0400

Yes, we know Apple is a cash juggernaut, and could easily lever up its cash and equivalents balance, retain a 10% Tier 1 Capital Ratio and be one of the largest (and perfectly solvent) banks in America (just think of what $760 billion in fractional reserve power would do). But what about the benefit to Uncle Sam? Well, we decided to pull the cash taxes paid Apple disclosed on its cash flow statement for the purest definition of actual taxes paid each quarter, avoiding all that GAAP vs Tax accounting mumbo jumbo, and compare it to the cash the company has had at any given quarter end period. Prepare to be surprised...



126 comments (http://www.zerohedge.com/article/charting-apple-cash-bank-vs-cash-taxes-paid#comments)
Read more (http://www.zerohedge.com/article/charting-apple-cash-bank-vs-cash-taxes-paid)


http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Presenting Apple's Historical Cash.... In Billions (http://www.zerohedge.com/article/presenting-apples-historical-cash-billions)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 16:59 -0400

Presented without comment


86 comments (http://www.zerohedge.com/article/presenting-apples-historical-cash-billions#comments)
Read more (http://www.zerohedge.com/article/presenting-apples-historical-cash-billions)
http://www.zerohedge.com/sites/default/files/pictures/picture-13848.jpg
by XenoFrog
on Tue, 07/19/2011 - 17:31
#1471988 (http://www.zerohedge.com/article/charting-apple-cash-bank-vs-cash-taxes-paid#comment-1471988)
Something tells me no one in the mainstream media will give Apple a hard time about how much they pay in taxes vs. the oil companies.


http://www.zerohedge.com/sites/default/files/pictures/picture-43647.jpg
by Zero Govt
on Tue, 07/19/2011 - 20:28
#1472437 (http://www.zerohedge.com/article/charting-apple-cash-bank-vs-cash-taxes-paid#comment-1472437)
noticed 2 anti-Apple stories today on ZH ...heaven knows what it must be like on mouthpieces (big empty gobs) of the establishment today at CNBC, CNN etc!
This one suggesting Apple doesn't pay enough tax and the other that Jobs had better watch his back as his Execs are organising a coup
Jobs must be next in line after Strauss-Khan and Murdoch for the NWO parasites business plan to eliminate all big independent voices (loose canons on deck) before they launch Operation Parasite Takeover ...let's hope it runs out of money soon when people stop paying their taxes to Govt that funds all this corruption, murder, mahem, anarchy and abuse of the free market
Zero Tax = Zero Govt = Zero Corp Parasites


http://www.zerohedge.com/sites/default/files/pictures/picture-21863.gif
by i-dog
on Wed, 07/20/2011 - 01:01
#1472932 (http://www.zerohedge.com/article/charting-apple-cash-bank-vs-cash-taxes-paid#comment-1472932)
Neither Jobs nor AAPL are represented in the NWO's steering groups. They're too busy just creating products, employment and enjoyment.

lunar
20.07.2011, 08:56
Wednesday, July 20, 2011

KONDRATIEV WAR? (http://kliguy38depression2news.blogspot.com/2011/07/kondratiev-war.html)

Can the unthinkable happen. Predictions by many experts within the budget sphere of DC have said that we will have to cut the military budget. In fact on this forum I have brought this very issue up on many occaisions trying to illustrate the large proportion of the budget's "discretionary" spending that the Military Industrial Complex compiles. This seems on the surface to be the most likely area that we must begin to reduce. BUT IS IT? It isn't even mentioned in most public debates or on the mainstream media. It is as if it is untouchable.

We have systematically looted our manufacturing base for over 30 years by our current trade policies and are looking down the barrel of a AK47 in almost any direction we turn now to cure our current structural economic ills. Many Americans that follow this believe that we can "fix" our current dilemna by simply balancing our budget....or stopping spending...or not taxing our "job creators"...etc etc etc.

I have also alluded to the importance that the Military Industrial Complex plays in providing a component of manufacturing in a destroyed economy that at this juncture remains paradoxically vital to keeping us from the abyss of depression. Even though this area of our manufacturing economy is highly counterproductive to the long term well-being of a citizenry and healthy economy. Of course a powerfully entrenched lobby has complete and utter control of the politicians when it comes to this industry. So you can forget about it being touched.

What next? Well......now we get to the GRAND SUPERCYCLE and its risks. Could we get the unthinkable? A well-known member of our forum has said unequically no but an ex-CIA (there is no such thing) operative named Robert Baer (George Clooney's character in Syriana) says we might. In fact Baer is sounding some ominous warning bells.

http://english.aljazeera.net/indepth/opinion/2011/07/201171775828434786.html

Baer claims the Netanyahu is preparing to hit Iran in September. Make no mistake, unless our Military can convince the administration to stop him it will happen. Netanyahu is under intense pressure from within his own security apparatus.Baer was especially impressed by the unprecedented warning about Netanyahu's plans by former Mossad chief Meir Dagan. Dagan left the Israeli intelligence agency in September 2010. Two months ago, he predicted that Israel would attack and said that doing so would be "the stupidest thing" he could imagine. According to Haaretz:

When asked about what would happen in the aftermath of an Israeli attack Dagan said that: "It will be followed by a war with Iran. It is the kind of thing where we know how it starts, but not how it will end.".......

lunar
20.07.2011, 09:05
Banken-Stresstest - einfach selber machen !

http://graphics.thomsonreuters.com/11/07/BV_STRSTST0711_VF.html

Zum Original-Beitrag (http://showthread.php3?p=1398470#post1398470)
:supi :thanx

lunar
20.07.2011, 09:29
(http://www.nzz.ch/nachrichten/politik/international/kompromissplan_soll_schuldenstreit_loesen_1.11513044.html) US-Schuldendebatte

Operation Last Minute (http://www.spiegel.de/politik/ausland/0,1518,775394,00.html)

Nur noch 13 Tage - dann sind die USA pleite. Um das Desaster abzuwenden, müssten sich Republikaner und Demokraten rasch auf einen Kompromiss einigen: Steuern rauf, Staatsausgaben runter. Besonnene Politiker beider Parteien verhandeln hinter den Kulissen. Doch die radikale Rechte stellt sich stur.....

.....Und so sieht dieser Plan aus: Der "Gang of Six" schweben ebenfalls massive Ausgabenkürzungen vor, sogar fast vier Billionen Dollar im kommenden Jahrzehnt. Doch gleichzeitig wollen sie das US-Steuerrecht umkrempeln, so dass die Staatseinnahmen deutlich stiegen. Die republikanischen Mitglieder der Gruppe wollen ihren Parteifreunden klar machen, dass das Stopfen von Schlupflöchern nicht gleichzusetzen sei mit Steuererhöhungen. Selbst Kürzungen im Verteidigungsetat, bei Konservativen sonst tabu, sollen wieder denkbar sein.

Auf der anderen Seite werben die demokratischen Mitglieder der "Gang of Six" für Abstriche bei Staatsprogrammen, die ihren linken Kollegen besonders am Herzen liegen.

Als die überparteiliche Senatorengruppe ihren Entwurf am Dienstag vorstellte, war das Interesse erstaunlich groß. 49 von 100 Senatoren erschienen, je rund zur Hälfte aus jeder Partei......

Von Gregor Peter Schmitz, Washington mehr... (http://www.spiegel.de/politik/ausland/0,1518,775394,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40142) ]



heute, 09:07 Uhr von WolfHai: USA sind nicht Pleite. Warum schreibt der Spiegel solch einen Unsinn? (http://forum.spiegel.de/showthread.php?postid=8315986) Unsinn. In 13 Tagen wären die USA nur rechtlich daran gehindert, sich am Kapitalmarkt das Geld zu besorgen, das sie brauchen und das sie ohne Schwierigkeiten kriegen würden. Es handelt sich also um ein rechtliches, nicht ein [...] mehr... (http://forum.spiegel.de/showthread.php?postid=8315986)


heute, 09:05 Uhr von hokie: ... (http://forum.spiegel.de/showthread.php?postid=8315972) Koennen Sie auch ohne Polemik argumentieren? Scheinbar nicht ... Da es warum auch immer noch Menschen, Unternehmen, Vereinigungen gibt die den USA Geld gegen Zinsen leihen IST der Staat nicht pleite! Erst Recht nicht schon [...] mehr... (http://forum.spiegel.de/showthread.php?postid=8315972)


heute, 09:04 Uhr von D0nJuAn: .... (http://forum.spiegel.de/showthread.php?postid=8315967) Sie schwätzen daher als hätten sie Ahnung. Die Verschuldung am BIP ist bei der USA nur geringfügig höher als in der EU. Wenn die USA Pleite ist, können wir die ganze Welt für bankrott erklären. Wenn wir in der Verfassung solch [...] mehr... (http://forum.spiegel.de/showthread.php?postid=8315967)

lunar
20.07.2011, 09:47
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Exposing China's Mysterious Multi-Trillion Shadow Banking System (http://www.zerohedge.com/article/exposing-chinas-mysterious-multi-trillion-shadow-banking-system)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 19:44 -0400

Precisely a year ago, a summary report by Fitch shone (http://www.zerohedge.com/article/china-has-been-covertly-funding-housing-bubble-five-times-larger-us-65-million-vacant-homes-)the first, if relatively weak, light on the massive Chinese securitization industry which had for years allowed the country to fund its housing bubble without forcing the banks to actually take much if any of the loan risk associated with this unprecedented expansion. At the time of the Fitch report, the securitization discrepancy was not deemed to be excessive and at about RMB 1 trillion in annual issuance it was promptly swept under the rug. Nonetheless the key statement remained: "Fitch believes the vast majority of these transactions are not publicly disclosed by Chinese banks, and few, if any, traces of the loans remain in financial statements." More recently, and long overdue, Moody's took a refresh look (http://www.zerohedge.com/article/moodys-july-4-bomb-rater-finds-10-chinese-gdp-bad-debt-claims-china-debt-problem-bigger-stat)at the same problem and on July 4 released a rather disturbing report which found "that the Chinese audit agency could be understating banks' exposures to local governments by as much as RMB 3.5 trillion." At 10% of GDP, the number sure is starting to get larger. Today we present what we believe is the most comprehensive report we have seen to date on the matter of the Chinese "Shadow Banking" industry courtesy of SocGen. For those who enjoy putting things into perspective, SocGen quantifies the total shadow banking system in China to be as large as RMB10 trillion (or 55%, of the Total Social Financing of RBM18 trillion): nearly USD1.5 trillion. While the number is not massive (considering that the most recent corresponding shadow banking number for the US is well higher at about $16 trillion (http://www.zerohedge.com/article/exclusive-q1-bernanke-spurred-inflation-successfully-offsetting-ongoing-collapse-shadow-bank)), it keeps increasing as a portion of GDP. Why is this important? Because as SocGen's Wei Yao says, "The currently unsupervised development of the informal financing market delays the intended impact of monetary policy tightening, but adds to the risk of precipitating a liquidity crunch of the entire financial system later." So it this Chinese shadow banking system a potential monetary time bomb, destabilizing the PBOC's efforts at normalization and adding materially to systemic risk? Read on.





38 comments (http://www.zerohedge.com/article/exposing-chinas-mysterious-multi-trillion-shadow-banking-system#comments)
Read more (http://www.zerohedge.com/article/exposing-chinas-mysterious-multi-trillion-shadow-banking-system)
.
....dazu das von cherry - und es kann einem schon schummrig werden :rolleyes



http://www.youtube.com/watch?v=WRRctblDPVM&feature=player_embedded

...so bei 8:55 hören ..... dann versteht ihr warum die banken als erstes fallen .... warum ich immer sage finger weg von den banken



Zum Original-Beitrag (http://showthread.php3?p=1398464#post1398464)

lunar
20.07.2011, 10:07
http://d.businessinsider.com/lg.php?bannerid=1630&campaignid=1037&zoneid=48&loc=http%3A%2F%2Fwww.businessinsider.com%2F&cb=536968b35f&r_id=c65262afb047acd59a118ee2ff5f452d&r_ts=lomh1m
http://static7.businessinsider.com/image/4e26313049e2ae1f6e060000-195-146/did-north-korea-fake-a-flood-disaster-picture-to-draw-foreign-aid.jpg (http://www.businessinsider.com/north-korea-flood-photoshop-2011-7) Did North Korea Fake A Flood Disaster Picture To Draw Foreign Aid? (http://www.businessinsider.com/north-korea-flood-photoshop-2011-7)

Gus Lubin (http://www.businessinsider.com/author/gus-lubin) | Jul. 19, 9:41 PM
The tsunami crisis that wasn't.

Last Saturday North Korean news service KCNA (http://www.businessinsider.com/blackboard/cna) released a picture of severe flooding near Taedong River.

It was identified as an doctored photo. Even the AP, which recently opened a bureau in Pyongyang (http://www.businessinsider.com/north-korea-ap-bureau-2011-6), distanced itself from the photo after initially distributing it: "The content of this image has been digitally altered and does not accurately reflect the scene."......
Read » (http://www.businessinsider.com/north-korea-flood-photoshop-2011-7)

Read more: http://www.businessinsider.com/#ixzz1SdA6mXBI


:rolleyes:gomad

lunar
20.07.2011, 10:15
v7TctLPrOzA&feature

...ist lang aber :supi :cool und amüsant :D

Zum Original-Beitrag (http://www.stock-channel.net/stock-board/showthread.php3?p=1398329#post1398329)
...also es lohnt sich wirklich zu hören - ist eines seiner besten Interviews :cool
meine Meinung natürlich :oo:D

lunar
20.07.2011, 10:26
Italian government blocks investigation into missing arms cache

Speculation that consignment of weapons removed from military depot in Mediterranean was secretly supplied to Libya John Hooper (http://www.guardian.co.uk/profile/johnhooper) in Rome




Tuesday 19 July 2011 18.09 BST http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2011/7/19/1311093506724/Silvio-Berlusconi-007.jpg Silvio Berlusconi changed his stance on Libya in April after a telephone conversation with Barack Obama. Photograph: Filippo Monteforte/AFP/Getty Images

The Italian government has blocked an investigation into the whereabouts of a massive consignment of weapons removed from a military depot in the Mediterranean, amid speculation that the cargo was secretly supplied to Libya (http://www.guardian.co.uk/world/libya).

The weapons were from a consignment that included 30,000 Kalashnikov AK-47 automatic rifles, 32m rounds of ammunition, 5,000 Katyusha rockets, 400 Fagot wire-guided anti-tank missiles and some 11,000 other anti-tank weapons....

full story: http://www.guardian.co.uk/world/2011/jul/19/italy-blocks-investigation-arms-cache
.
:gruebel da laufen anscheinend so krumme Geschäfte - so wie er aussieht :rolleyes

lunar
20.07.2011, 10:33
Great white shark jumps from sea into research boat

Scientists off South Africa's Cape use crane and ropes to get disoriented half-ton shark back into sea Xan Rice (http://www.guardian.co.uk/profile/xanrice), in Nairobi

Tuesday 19 July 2011 17.28 BST

(http://www.guardian.co.uk/world/2011/jul/19/great-white-shark-jumps-boat#history-link-box) http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2011/7/19/1311090373130/Great-white-sharks-off-Se-007.jpg A great white shark off Seal Island, South Africa. The animal on the Cheetah would have leapt three metres out of the water, scientists said. Photograph: Chris Brunskill Ltd/Rex Features

Marine researchers in South Africa (http://www.guardian.co.uk/world/southafrica) had a narrow escape after a three-metre-long great white shark breached the surface of the sea and leapt into their boat, becoming trapped on deck for more than an hour.

The incident occurred while the research team was conducting a shark population study off Seal Island, near Mossel Bay, on South Africa's Cape coast.....

full story: http://www.guardian.co.uk/world/2011/jul/19/great-white-shark-jumps-boat



:eek was für eine story :eek

lunar
20.07.2011, 12:25
...aus Trader's Daily

Zitat des Tages

"Es ist Zeit, dass jetzt etwas getan wird. Derjenige allerdings, der etwas zu tun wagt, muss sich bewusst sein, dass er wohl als Verräter in die deutsche Geschichte eingehen wird. Unterlässt er jedoch die Tat, dann wäre er ein Verräter vor seinem eigenen Gewissen."

- Claus Schenk Graf von Stauffenberg (1907-1944), welcher heute vor 67 Jahren ein Attentat auf Hitler verübte und in der Nacht auf den 21. Juli erschossen wurde. Er ruhe in Frieden.

lunar
20.07.2011, 12:43
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Guest Post: Iran Opens Oil Bourse - Harbinger Of Trouble For New York And London? (http://www.zerohedge.com/article/guest-post-iran-opens-oil-bourse-harbinger-trouble-new-york-and-london)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/19/2011 18:17 -0400

The last three years of global recession have dealt a major blow to American capitalist ideas trumpeted throughout the world on the value of “free markets.” Wall St has been revealed as a form of casino economy, with the bankster insiders gambling with other people’s, and eventually, the government’s money in the form of bailouts. As the Republicans in Congress, scenting victory in the 2012 presidential elections, hold a gun to the Obama administration’s head and rating agencies consider downgrading U.S. government bonds in light of Washington’s possible defaulting, many ideas around the world that previously seemed implausible because of the dominance of the U.S. economy are garnering renewed interest.

138 comments (http://www.zerohedge.com/article/guest-post-iran-opens-oil-bourse-harbinger-trouble-new-york-and-london#comments)
Read more (http://www.zerohedge.com/article/guest-post-iran-opens-oil-bourse-harbinger-trouble-new-york-and-london)
:rolleyes:confused:oo

lunar
20.07.2011, 12:52
Digital: 20. Juli 2011, 10:18

Zahlen, bitte (http://www.nzz.ch/nachrichten/digital/apple_quartalszahlen_1.11517251.html)

http://www.nzz.ch/images/steve_jobs_apple_small_1.11520914.1311153689.jpg (http://www.nzz.ch/nachrichten/digital/apple_quartalszahlen_1.11517251.html) OS X Lion ab heute verfügbar

Eine Nachlese der aktuellen Quartalsergebnisse zeigt: Der iPod hat seine besten Zeiten hinter sich. Apples Erfolg basiert auf iPhone und iPad. Doch das könnte mittelfristig zum Problem werden, denn Googles Android dürfte zur dominierenden Plattform werden. ...

(http://www.nzz.ch/nachrichten/digital/apple_quartalszahlen_1.11517251.html).......Das Ende der DVD
In all den Zahlen ging ein wenig unter, dass Apples CFO Peter Oppenheim ankündigte, Mac OS X Lion werde ab heute erhältlich sein. Die Überraschung hält sich in Grenzen, denn das Unternehmen hatte den Start des neuen Betriebssystems vor längerer Zeit für Juli in angekündigt (http://www.nzz.ch/nachrichten/digital/apple_software-basis_1.10838597.html). Es wird für Kunden ausschließlich als Download über den Mac App Store oder in Kombination mit einem neuen Mac erhältlich sein.

Version 10.7 des Betriebssystems bringt etwa 250 neue Funktionen und eine aufgebohrte Nutzeroberfläche mit, die an iOS erinnert. Apps sollen unter Lion auch im Vollbildmodus laufen. Ausserdem werden mehr Multitouch-Gesten unterstützt. Mit einem ersten Update für Mac OS X Lion wird iCloud (http://www.nzz.ch/nachrichten/digital/icloud_traegt_apple_rechtlichen_aerger_ein_1.10889022.html) integriert werden. Der Dienst speichert und synchronisiert Daten drahtlos und fast automatisch mit anderen Apple-Geräten. Anwender können unter anderem über iTunes erworbene Inhalte sowie Kontakte, Fotos, Kalendereinträge und E-Mails ablegen. Der Dienst soll im September zusammen mit iOS 5 verfügbar sein.

lunar
20.07.2011, 12:54
Autobahn-Kriminalität: «Die Leute werden einfach rausgewunken» (http://www.tagesanzeiger.ch/panorama/vermischtes/AutobahnKriminalitaet-Die-Leute-werden-einfach-rausgewunken/story/25885238)

http://files.newsnetz.ch/story/2/5/8/25885238/35/teaserbreit.jpg?1311159107 (http://www.tagesanzeiger.ch/panorama/vermischtes/AutobahnKriminalitaet-Die-Leute-werden-einfach-rausgewunken/story/25885238) In der Ferienzeit lauern Kriminelle in ganz Europa Autoreisenden auf – mit plumpen Tricks, die aber oft erfolgreich sind. Experten erläutern, wann und wo besondere Vorsicht geboten ist. Mehr... (http://www.tagesanzeiger.ch/panorama/vermischtes/AutobahnKriminalitaet-Die-Leute-werden-einfach-rausgewunken/story/25885238)

Von Norbert Raabe (http://www.tagesanzeiger.ch/stichwort/autor/norbert-raabe/s.html). Aktualisiert vor 19 Minuten

lunar
20.07.2011, 13:47
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Positive Sentiment Returns To Europe After "Bad CDO Bank" Idea Is Back On The Table (http://www.zerohedge.com/article/positive-sentiment-returns-europe-after-bad-cdo-bank-idea-back-table)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/20/2011 07:27 -0400

Risk is back on in Europe (and thus spilling over to the US), confirmed by both a tightening in PIIGS spreads across the board and a jump in the EURUSD by 100 pips from overnight lows following a rehash of the same old rumor that the EFSF, or Europe's "toxic bank" off the books CDO equivalent, will provide emergency credit for insolvent countries. With the European Parliament summit starting tomorrow at 1pm (moved back by an hour), there is anticipation that Europe will finally present a strong resolution to ongoing problems. The expectations are not lost on Europe itself: as Barroso said "The minimum we must do tomorrow is to provide clarity on the following: measures to ensure the sustainability of Greek public finances; feasibility and limits of private-sector involvement; scope for more flexible action through the European Financial Stability Facility, the EFSF; repair of the banking sector still needed; and measures to ensure the provision of liquidity to our banking system." Unfortunately just like every previous time, Europe will disappoint as there is no holistic resolution that does not involve the default of the PIIGS. In the meantime, as Bloomberg reports, "European officials are considering steps previously rejected by Germany, including the use of precautionary credit lines, to prevent the spread of the region’s debt crisis, a person close to the talks said. Other options up for discussion at tomorrow’s Brussels summit include enabling the main 440 billion euro ($624 billion) rescue fund to lend to recapitalize banks, said the person, who declined to be named because the talks are in progress. Nothing will be decided until leaders convene. Together with a second Greek aid package, the goal is to prove to markets that Europe has the will and the tools to prevent the crisis from engulfing Spain and Italy." With Italy already "engulfed" it shows just how badly behind the curve Europe still is.

9 comments (http://www.zerohedge.com/article/positive-sentiment-returns-europe-after-bad-cdo-bank-idea-back-table#comments)
Read more (http://www.zerohedge.com/article/positive-sentiment-returns-europe-after-bad-cdo-bank-idea-back-table)

lunar
20.07.2011, 16:09
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Frontrunning: July 20 (http://www.zerohedge.com/article/frontrunning-july-20-1)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/20/2011 08:20 -0400




Proposals Emerge to Curb Greek Debt Load (WSJ (http://www.morningstar.co.uk/uk/markets/newsfeeditem.aspx?id=153856465965830))
IMF Warns Euro-Zone Crisis Risks Global Spillover (WSJ (http://online.wsj.com/article/SB10001424052702304567604576455984144554372.html?mod=fox_australian))
Senators craft potential escape from default (FT (http://www.ft.com/intl/cms/s/0/64d2b33a-b223-11e0-9d80-00144feabdc0.html))
In response to Geithner's Op-ed: Little to celebrate on Dodd-Frank’s birthday (FT (http://www.ft.com/intl/cms/s/0/7fcc735e-b257-11e0-8784-00144feabdc0.html#axzz1SjHSktf8))
IEA not decided on second oil release – Tanaka (Reuters (http://af.reuters.com/article/energyOilNews/idAFT9E7HU03K20110719))
Papandreou Sees Make-or-Break Time in Crisis on Eve of Summit (Bloomberg (http://www.businessweek.com/news/2011-07-20/papandreou-sees-make-or-break-time-on-eve-of-crisis-summit.html))
Alan Beattie: Let Europe pay for its policy failures (FT (http://www.ft.com/intl/cms/s/0/80c8210e-b248-11e0-9d80-00144feabdc0.html))
Berlin and Moscow leaders foster trade ties (FT (http://www.ft.com/intl/cms/s/0/fc5e3424-b22b-11e0-9d80-00144feabdc0.html))
China's moderating growth to aid inflation fight (Reuters (http://in.reuters.com/article/2011/07/18/idINIndia-58312020110718))
Give Greece What It Deserves: Communism (Forbes (http://blogs.forbes.com/billfrezza/2011/07/19/give-greece-what-it-deserves-communism/))
IMF Signals BOJ Could Buy More Assets as Price Outlooks Diverge (Bloomberg (http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/07/19/bloomberg1376-LOKFN70D9L3501-5CALNQ7LPI5S067FGNKP68INLI.DTL))
Joke Is on China as U.S.’s AAA Becomes Laughable (Bloomberg (http://www.bloomberg.com/news/2011-07-19/joke-is-on-china-as-u-s-s-aaa-becomes-laughable-william-pesek.html))


20 comments (http://www.zerohedge.com/article/frontrunning-july-20-1#comments)
Read more (http://www.zerohedge.com/article/frontrunning-july-20-1)

lunar
20.07.2011, 16:13
Joke Is on China as U.S.’s AAA Becomes Laughable: William Pesek

By William Pesek (http://www.bloomberg.com/view/bios/william-pesek/) Jul 19, 2011 10:00 PM GMT+0200 10 Comments (http://www.bloomberg.com/news/2011-07-19/joke-is-on-china-as-u-s-s-aaa-becomes-laughable-william-pesek.html#disqus_thread)

Suddenly that $3 trillion of currency reserves looks like a bad idea.

Make that very bad for China (http://topics.bloomberg.com/china/), as investors display an obvious preference for yen over dollars. That the IOUs of a debt-ridden, aging, politically adrift nation smarting from a huge earthquake and nuclear crisis seem safer than U.S. Treasuries says it all.

Many investors still see China’s monster currency stash as a strength. They reason that China is fortified against financial Armageddon. In reality, China is trapped and struggling to find exits that don’t exist. Sell dollars for Greek debt? Right. Swap into Italian commercial paper? Perhaps not. Find enough spare Swiss francs to diversify into? Good luck.

There’s always Japan. Two immediate problems come to mind. One, 10-year bonds yield a piddling 1.06 percent, about a third of the return on comparable U.S. bonds. Two, with about 95 percent of Japan (http://topics.bloomberg.com/japan/)’s debt outstanding tucked under tatami mats at home, China couldn’t get its hands on enough to make the exercise worthwhile. Bond markets elsewhere in Asia (http://topics.bloomberg.com/asia/) are either too small or too illiquid to help.......

......China and the rest of Asia are caught in the middle. The region’s penchant for hoarding dollars was never a good idea, and is coming to look like nothing so much as the world’s biggest pyramid scheme. If China tried to sell, markets would crash. So, its dollar purchases add to a financial bubble the likes of which the world has never seen. Well, history’s most audacious foreign-exchange trade may be about to go bad. And it’s no laughing matter.

full story: http://www.bloomberg.com/news/2011-07-19/joke-is-on-china-as-u-s-s-aaa-becomes-laughable-william-pesek.html


:rolleyes

lunar
20.07.2011, 17:18
Die Kühe stehen plötzlich im Schnee (http://www.tagesanzeiger.ch/panorama/vermischtes/Die-Kuehe-stehen-ploetzlich-im-Schnee/story/30761484)

http://files.newsnetz.ch/story/3/0/7/30761484/14/teasersmall16x9.jpg?1311174822 (http://www.tagesanzeiger.ch/panorama/vermischtes/Die-Kuehe-stehen-ploetzlich-im-Schnee/story/30761484) Erstellt: 20.07.2011, 15:42 Uhr
Zuerst fühlte sich der Frühling wie Hochsommer an, und jetzt – mitten in der Ferienzeit – ist es nur noch kühl und regnerisch. Das Wetter spielt wieder einmal verrückt. Mehr... (http://www.tagesanzeiger.ch/panorama/vermischtes/Die-Kuehe-stehen-ploetzlich-im-Schnee/story/30761484)

Aktualisiert um 15:52 Uhr

lunar
20.07.2011, 17:25
Wirtschaft: 20. Juli 2011, 14:16

American Airlines mit grösster Bestellung aller Zeiten (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/american_airlines_mit_groesster_bestellung_in_der_luftfahrtgeschichte_1.11525298.html)

http://www.nzz.ch/images/airbus_a320neo_small_1.10944683.1308233504.jpg (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/american_airlines_mit_groesster_bestellung_in_der_luftfahrtgeschichte_1.11525298.html) Ungleich grosse Aufträge für Airbus und Boeing

(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/american_airlines_mit_groesster_bestellung_in_der_luftfahrtgeschichte_1.11525298.html)Die Fluggesellschaft American Airlines wird über die nächsten fünf Jahre 460 neue Flugzeuge bestellen. Dabei sollen 260 Maschinen beim europäischen Airbus-Konzern und 200 weitere beim amerikanischen Flugzeugbauer Boeing geordert werden.

(dpa/ddp) Die Fluggesellschaft American Airlines tätigt nach eigenen Angaben die grösste Bestellung der Luftfahrtgeschichte. Die Gesellschaft ordert 460 Kurz- und Mittelstreckenjets fest und sichert sich Optionen auf 465 weitere Maschinen, wie sie am Mittwoch mitteilte.

Einen Auftragswert nannte die drittgrösste Fluggesellschaft der USA nicht, überschlägig dürfte die Order nach Listenpreisen alleine mit 40 Mrd. Dollar für die festen Bestellungen zu Buche schlagen. Den Auftrag teilen sich die beiden grossen Hersteller Airbus und Boeing, wobei der Löwenanteil auf die Europäer entfällt. Für Airbus bedeutet das einen Durchbruch auf dem amerikanischer Markt......

:eek da scheint ja viel Geld zu sein :eek




(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/american_airlines_mit_groesster_bestellung_in_der_luftfahrtgeschichte_1.11525298.html)

lunar
20.07.2011, 18:03
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
More Details On Revenue Side Of "Gang Of Six" Plan Emerge (http://www.zerohedge.com/article/more-details-revenue-side-gang-six-plan-emerge)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/20/2011 11:50 -0400

Bloomberg has just released some additinal details from the proposed plan based on a document it has received:


GANG OF SIX SETS TOP PERSONAL TAX RATE BETWEEN 23% AND 29%
PLAN LOWERS CORPORATE TAX RATE TO MAXIMUM OF 29%
SENATORS' PLAN URGES 'REFORM' OF MORTGAGE, CHARITY TAX BREAKS
We will bring you more if we get the full document.



11 comments (http://www.zerohedge.com/article/more-details-revenue-side-gang-six-plan-emerge#comments)

lunar
20.07.2011, 19:07
Euro-Krisengipfel

Vorhang auf für den nächsten Rettungsakt (http://www.spiegel.de/wirtschaft/soziales/0,1518,775525,00.html)

Absturz, Hilfe, Absturz, Hilfe - statt mit einem großen Masterplan versuchen die EU-Lenker den Euro in Trippelschritten zu stabilisieren. Jetzt treffen sie sich schon wieder zu einem Not-Gipfel. Warum ist diese Krise eigentlich nie vorbei? Und mutiert Europa nun endgültig zur Transferunion? Von Stefan Kaiser und Sven Böll mehr... (http://www.spiegel.de/wirtschaft/soziales/0,1518,775525,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40208) ]


Heute, 17:47 #2 (http://forum.spiegel.de/showpost.php?p=8321621&postcount=2) - SIEG (http://forum.spiegel.de/member.php?u=152126)
Wenn die "Privaten" ...
... an der Rettung von Griechenland beteiligt werden, sei es "freiwillig", oder mit sanfter Gewalt, feststeht, dass die Bankkunden diese Ausfälle bezahlen werden. Mit anderen Worten, wir werden zweimal für die gleiche Sache zur Zahlung gezwungen. Freiwillig würde ich keinen Cent für diese aussichtslose Sache bezahlen! Ich denke, dass ich für viele Mitbürger hier spreche!

lunar
20.07.2011, 19:12
Libyen-Krieg

Feldherr Sarkozy schwenkt auf Diplomatie um (http://www.spiegel.de/politik/ausland/0,1518,775458,00.html)

Der Krieg in Libyen kostet Frankreich täglich Millionen - ein Durchbruch ist nicht in Sicht. Jetzt ändert Nicolas Sarkozy offenbar seine Strategie: Er wandelt sich vom Feldherrn zum Vermittler. Dazu bricht Paris sogar mit einem Tabu. Von Stefan Simons, Paris mehr... (http://www.spiegel.de/politik/ausland/0,1518,775458,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40207) ]



http://english.aljazeera.net/mritems/imagecache/89/135/mritems/Images/2011/7/20/201172083127120734_20.jpg

France says Gaddafi could stay in Libya (http://english.aljazeera.net/news/africa/2011/07/201172082559895902.html)
French foreign minister says Libyan leader could be allowed to stay in his country if he relinquishes power.
Last Modified: 20 Jul 2011 11:38 GMT
(http://english.aljazeera.net/news/africa/)
Read More (http://english.aljazeera.net/news/africa/2011/07/201172082559895902.html)

....was für ein Ende wird das wohl nehmen :confused:rolleyes

lunar
20.07.2011, 20:48
Politik: 20. Juli 2011, 19:23

Somalia braucht 1,6 Milliarden Dollar (http://www.nzz.ch/nachrichten/politik/international/somalia_braucht_16_milliarden_dollar_1.11531178.html)

Uno-Generalsekretär Ban Ki Moon appelliert an die internationale Gemeinschaft

http://www.nzz.ch/images/somalia_hungersnot_lead_1.11531249.1311182345.jpg (http://www.nzz.ch/nachrichten/politik/international/somalia_braucht_16_milliarden_dollar_1.11531178.html)Uno-Generalsekretär Ban Ki Moon hat den Bedarf an Hilfsgeldern für das dürregeplagte Somalia auf insgesamt 1,6 Milliarden Dollar beziffert. In Rom soll am kommenden Montag ein Krisentreffen zur Situation am Horn von Afrika stattfinden. ...

:(


(http://www.nzz.ch/nachrichten/politik/international/somalia_braucht_16_milliarden_dollar_1.11531178.html)

lunar
20.07.2011, 20:54
Angeschlagenes Weltblatt (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Angeschlagenes-Weltblatt/story/29774292)

http://files.newsnetz.ch/story/2/9/7/29774292/15/teasersmall16x9.jpg?1311187732 (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Angeschlagenes-Weltblatt/story/29774292) Das hochangesehene «Wall Street Journal» aus dem Hause Murdoch gerät in den Strudel des Medienskandals. Verspielt die Zeitung gerade ihren guten Ruf? Mehr... (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Angeschlagenes-Weltblatt/story/29774292)

Von Matthias Chapman (http://www.tagesanzeiger.ch/stichwort/autor/matthias-chapman/s.html). Aktualisiert um 17:43 Uhr 2 Kommentare (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Angeschlagenes-Weltblatt/story/29774292#kommentar)


Leo Ruegg - 18:23 Uhr
Interessanterweise sehen die Rechtshueter keinen Handlungsbedarf bei sich selbst foerdernden Investitionen.
Ein Murdoch kauft keine Zeitung - er kauft ein Geschaeft. Die Frage ist: Wie optimiert man es. Antwort: Mit allen Mitteln. Die westliche Welt hat zusehr das Feindbild "Al Kaida" gehaetschelt. Nicht bemerkt hat sie den leisen Terror im eigenen System.

lunar
20.07.2011, 22:02
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
High-End Wall Street Prostitution Ring Busted (http://www.zerohedge.com/article/high-end-wall-street-prostitution-ring-busted)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/20/2011 14:55 -0400

You know you want to know who has been named...



119 comments (http://www.zerohedge.com/article/high-end-wall-street-prostitution-ring-busted#comments)
Read more (http://www.zerohedge.com/article/high-end-wall-street-prostitution-ring-busted)
.
http://www.zerohedge.com/images/bagicon.png
by HungrySeagull
on Wed, 07/20/2011 - 15:01
#1474651 (http://www.zerohedge.com/article/high-end-wall-street-prostitution-ring-busted#comment-1474651)
Dumb Bulls.
Throwing thousands at little hotties and company when they are facing margin calls.


http://www.zerohedge.com/sites/default/files/pictures/picture-15105.jpg
by NERVEAGENTVX
on Wed, 07/20/2011 - 15:01
#1474652 (http://www.zerohedge.com/article/high-end-wall-street-prostitution-ring-busted#comment-1474652)
Pussy and cocaine! Too bad both of those commodities always have to come at such a high cost. You pay through the nose one way or another.

http://www.zerohedge.com/sites/default/files/pictures/picture-1490.jpg
by alien-IQ
on Wed, 07/20/2011 - 15:02
#1474656 (http://www.zerohedge.com/article/high-end-wall-street-prostitution-ring-busted#comment-1474656)
The stupidity of making prostitution a crime can only be ignored by a society that is overwhelmed by puritanical brainwashing and is no longer in possession of anything remotely resembling common sense.
Who, how, when, where, why or for how much anybody wants to fuck anybody is nobodies business but the two (or sometimes more in creative circumstances but that's another story) people doing the fucking.


:haue :hihi

lunar
20.07.2011, 22:11
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Warren Buffett's Wells Fargo Busted For Lying To People, Wristslapped With $85 Million Fine By The Emperor Of Moral Hazard Himself (http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/20/2011 15:06 -0400

Shocker: the bank of Warren Buffett, that paragon of virtue and decency, busted by the capo di tutti ZIRP capi itself for lying to grandma? Surely WFC investors, who don't have to deal with their investment either admitting or denying wrongdoing, can "suck it in" and we can get Charlie Munger to preach some more fire and brimstone morality about the evils of gold and the miracles of taxpayer bailouts.



28 comments (http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h#comments)
Read more (http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h)
.
http://www.zerohedge.com/sites/default/files/pictures/picture-5744.jpg
by Careless Whisper
on Wed, 07/20/2011 - 15:22
#1474765 (http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h#comment-1474765)
Are you saying that WellsFargo/Wachovia laundered $380 Billion in drug money? Oh wait, they took a plea of one year probation and a $100 mill fine. I get it.

http://www.zerohedge.com/sites/default/files/pictures/picture-21926.gif
by NotApplicable
on Wed, 07/20/2011 - 15:50
#1474893 (http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h#comment-1474893)
Interesting how that article talks only about "Mexican drug gangs," but fails to mention the involvement of who they were doing business with, or how they owned a DC-9 painted to look like a Homeland Security plane.
Daniel Hopsicker has been all over this story for years.
http://www.madcowprod.com/


http://www.zerohedge.com/sites/default/files/pictures/picture-2615.jpg
by carbonmutant
on Wed, 07/20/2011 - 15:17
#1474731 (http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h#comment-1474731)

In other Bloomberg news.:
Bank of America Corp. (BAC) (http://www.bloomberg.com/apps/quote?ticker=BAC:US) gained the most in four months of New York trading as analysts from Wells Fargo & Co (http://topics.bloomberg.com/wells-fargo-%26-co/)., Citigroup Inc. (C) (http://www.bloomberg.com/apps/quote?ticker=C:US) and Nomura Holdings Inc. wrote that the biggest U.S. lender probably won’t need to raise capital.

http://www.zerohedge.com/sites/default/files/pictures/picture-11441.jpg
by foxmuldar
on Wed, 07/20/2011 - 15:34
#1474819 (http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h#comment-1474819)
Is this the same Buffett that made out like a bandit on the GS bailout? Buffett should be charged with Insider leaking of his buy positions. We all know how once word is out that Buffett is buying xyz, the rest of the herd runs to buy xyz. What a racket this guy has going.

lunar
20.07.2011, 22:27
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Bipartisan Plan Summary Charts Confirm Key Deficit "Cuts" Come From Imminent Social Security Pillage (http://www.zerohedge.com/article/bipartisan-plan-summary-charts-confirm-key-deficit-cuts-come-imminent-social-security-pillag)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/20/2011 15:36 -0400

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/budget%20plan%204_0.jpg

For those who are about to get cerebral hemorrhage trying to figure out the ensuing math, don't worry: it is all based on Marx to Myth.



62 comments (http://www.zerohedge.com/article/bipartisan-plan-summary-charts-confirm-key-deficit-cuts-come-imminent-social-security-pillag#comments)
Read more (http://www.zerohedge.com/article/bipartisan-plan-summary-charts-confirm-key-deficit-cuts-come-imminent-social-security-pillag)
.
http://www.zerohedge.com/sites/default/files/pictures/picture-38071.jpg
by TruthInSunshine
on Wed, 07/20/2011 - 16:00
#1474939 (http://www.zerohedge.com/article/bipartisan-plan-summary-charts-confirm-key-deficit-cuts-come-imminent-social-security-pillag#comment-1474939)


Free pet food for seniors, unemployed (http://articles.ocregister.com/2010-04-08/cities/24650985_1_pet-food-unwanted-pets-food-drive)


Georgetown Shelter Offers Free Pet Food to Seniors (http://www.delspca.org/news/85-georgetown-shelter-offers-free-pet-food-to-seniors)


SPCA offers free pet food for seniors (http://genphilly.wordpress.com/2011/02/22/spca-offers-free-pet-food-for-seniors/)
:rolleyes
.
http://www.zerohedge.com/sites/default/files/pictures/picture-10283.png
by Caviar Emptor
on Wed, 07/20/2011 - 16:05
#1474955 (http://www.zerohedge.com/article/bipartisan-plan-summary-charts-confirm-key-deficit-cuts-come-imminent-social-security-pillag#comment-1474955)
Think of it: with the money we save from Social Security we can give BAC it's $50 billion capital cushion and go for another round of bailouts! And there'll still be money left over for raising tax subsidies to oil companies!
It's so good to see clearheaded thinking returning to DC


http://www.zerohedge.com/sites/default/files/pictures/picture-46671.jpg
by Natasha
on Wed, 07/20/2011 - 16:09
#1474974 (http://www.zerohedge.com/article/bipartisan-plan-summary-charts-confirm-key-deficit-cuts-come-imminent-social-security-pillag#comment-1474974)
After the cuts start, many Seniors that aren't already on food stamps, will be.

:dumm no we can't :mad

lunar
21.07.2011, 09:13
l5HcJG0Mfzo&feature

Zum Original-Beitrag (http://showthread.php3?p=1398696#post1398696)
:supi

...it's a scary time :rolleyes (es geht nicht nur um Silber)

lunar
21.07.2011, 09:25
Wirtschaft: 21. Juli 2011, 06:00

Frankreich und Deutschland einig über Griechenland-Hilfe (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/frankreich_und_deutschland_einig_ueber_griechenland-hilfe_1.11536087.html)

Merkel und Sarkozy schaffen Basis für den Sondergipfel der EU

http://www.nzz.ch/images/merkel_lead_1.11537068.1311225691.jpg (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/frankreich_und_deutschland_einig_ueber_griechenland-hilfe_1.11536087.html) Kurz vor dem Sondergipfel der Euro-Länder zu neuen Griechenland-Hilfen haben Deutschland und Frankreich die Basis für gemeinsames Handeln gelegt. Bundeskanzlerin Merkel und der französische Präsident Sarkozy einigten sich auf eine gemeinsame Position. Inhaltlich wurde jedoch nichts bekannt.

...

:rolleyes immer den Belehrungs-Drohfinger oben :rolleyes:no
(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/frankreich_und_deutschland_einig_ueber_griechenland-hilfe_1.11536087.html)

lunar
21.07.2011, 09:27
...immer noch :gomad

20. Juli: Die kenyanische Regierung verbrennt im Tsavo West National Park 4,6 Tonnen Elfenbein, das als Schmugglerware beschlagnahmt worden ist.

http://www.nzz.ch/nachrichten/panorama/kenya_verbrennt_weisses_gold_1.11531127.html

lunar
21.07.2011, 09:41
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Fed Preparing For US Default Says Plosser (http://www.zerohedge.com/article/fed-preparing-us-default-says-plosser)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/20/2011 16:21 -0400
That giant whooshing, and humming, sound you hear are all the printers at the basement of Marriner Eccles getting refills and start the warm up process. Because according to the Fed Charles Plosser the Federal Reserve is actively preparing for the possibility that the United States could default. Which can only mean one thing: an immediate paradrop of millions of $100 bricks to every man woman and child in the US since as we all know by know Tim Geithner has repeatedly confirmed the Treasury has absolutely no default plans. None.




409 comments (http://www.zerohedge.com/article/fed-preparing-us-default-says-plosser#comments)
Read more (http://www.zerohedge.com/article/fed-preparing-us-default-says-plosser)
.
http://www.zerohedge.com/sites/default/files/pictures/picture-38071.jpg
by TruthInSunshine
on Wed, 07/20/2011 - 16:53
#1475151 (http://www.zerohedge.com/article/fed-preparing-us-default-says-plosser#comment-1475151)
Default would be the greatest advent in American History since 1776, and mark a rebirth of the nation.
But it's not enough.
Each head of the Hydra that is the Central Bank must be lopped off with a razor sharp blade, and a Constitutional Amendment must be enacted returning the coinage of money (not Federal Reserve Notes, as it won't exist any longer, but Greenbacks) to the Congress, never to be delegated again.
Finally, a simple yet concrete Balanced Budget Amendment must be put into place, whereby the U.S. Government may not spend a single penny more than the revenue it receives, over any time horizon that exceeds on fiscal year.
We also need to, as a nation, completely kill the idea that any institution is "too big to fail."
Bring back fiscal constraint, kill the Fed and its gross distortion of markets and 'crack dealing whoredom' ways, let Wall Street and banks know that they will live and die by purely by their own decisions...
...and gut the 50% of government that is useless, dead weight on productive Americans, and institute a flat tax not to exceed 12% in total.

Quite a wish list? Yes.
Do these things, and America will be unstoppable with a growing, thriving middle class once again.

lunar
21.07.2011, 09:47
SP 500 and NDX Futures Daily Charts (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-ndx-futures-daily-charts_20.html)

Not a constructive day for the bulls. Let's see if they can gather themselves together tomorrow. If not, downside beckons.

The intramurals in Washington are shaking the confidence of the markets. The House Republicans are starting to resemble economic brownshirts, in the radical service of their masters, the monied interests."Government has coddled, accepted, and ignored white collar crime for too long. It is time the nation woke up and realized that it's not the armed robbers or drug dealers who cause the most economic harm, it's the white collar criminals living in the most expensive homes who have the most impressive resumes who harm us the most. They steal our pensions, bankrupt our companies, and destroy thousands of jobs, ruining countless lives."

Harry Markopolos, Madoff Investigation Congressional Testimony
http://1.bp.blogspot.com/-WB7CrKQWdc4/Tic7HZheCzI/AAAAAAAARTU/TtojmsC1C-c/s640/spfutuesdaily6.PNG (http://1.bp.blogspot.com/-WB7CrKQWdc4/Tic7HZheCzI/AAAAAAAARTU/TtojmsC1C-c/s1600/spfutuesdaily6.PNG)

http://2.bp.blogspot.com/-D9JloHQVvd4/Tic7Iq4y7fI/AAAAAAAARTY/iHBo23IwNgw/s640/ndxdaily6.PNG (http://2.bp.blogspot.com/-D9JloHQVvd4/Tic7Iq4y7fI/AAAAAAAARTY/iHBo23IwNgw/s1600/ndxdaily6.PNG)


Posted by Jesse at 4:33 PM (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-ndx-futures-daily-charts_20.html) :verbeug

lunar
21.07.2011, 09:54
20 July 2011

Gold Daily and Silver Weekly Charts - Midsummer Madness - Fed Preparing for US Default (http://jessescrossroadscafe.blogspot.com/2011/07/gold-daily-and-silver-weekly-charts_20.html) "Why, this is very midsummer madness.”

William Shakespeare, Twelfth Night, 3.4.55

"We are developing processes and procedures by which the Treasury communicates to us what we are going to do," Plosser said, adding that the task was manageable. "How the Fed is going to go about clearing government checks. Which ones are going to be good? Which ones are not going to be good?"

Fed Preparing for US Default (http://www.reuters.com/article/2011/07/20/us-usa-debt-fed-idUSTRE76J6IT20110720) - ReutersVery bullish reversal in the metals intraday, with closes in gold and silver above the psychological numbers of 1600 and 40 respectively.

If they can move higher and stick a close, and hold it through option expiration next week, you can say goodbye to these levels, the dollar, and quite a bit more.

http://1.bp.blogspot.com/-8y8SQf_qrTU/TieMIl-UTGI/AAAAAAAARTo/1zdZr9zMXik/s400/utilitarianism.JPG (http://1.bp.blogspot.com/-8y8SQf_qrTU/TieMIl-UTGI/AAAAAAAARTo/1zdZr9zMXik/s1600/utilitarianism.JPG)


As an aside, the other day I read an essay in a recent issue of Discover Magazine called, The End of Morality. (http://discover.coverleaf.com/discovermagazine/20110708?pg=3#pg34) I also found this commentary (http://www.tothesource.org/7_6_2011/7_6_2011_printer.htm) on it.

In this article, which promoted the triumph of scientific reason, utilitarianism, over mere emotion, it was put forward that it does make rational economic sense to kill one healthy person and harvest their organs, in order to provide them to five other people who could then live a higher quality of life on the whole. The revulsion one feels at it is an unthinking instinct which can be overcome by higher thinking.

And it held this out as the higher 'good' in the new scientific morality, freed of the restraints of the mere instinct to preserve innocent life."You have these gut reactions and they feel authoritative, like the voice of God or your conscience. But these instincts are not commands from a higher power. They are just emotions hardwired into the brain as we evolved."The logical extensions of such reasoning should be perfectly obvious to anyone with a sense of history. And one does not even have to kill them to put them to the good service of the State, and those predestined for a higher quality of life, the übermenschen. At least, not in the beginning.

Posted by Jesse at 4:36 PM (http://jessescrossroadscafe.blogspot.com/2011/07/gold-daily-and-silver-weekly-charts_20.html) :verbeug

lunar
21.07.2011, 11:27
Consumers Use Credit Cards to Buy Necessities as Inflation Erodes Incomes

By Anna-Louise Jackson and Anthony Feld - Jul 21, 2011 6:00 AM GMT+0200

Consumers in the U.S. are increasingly using credit cards to pay for basic necessities as income gains fail to keep pace with rising food and fuel prices.

The dollar volume of purchases charged grew 10.7 percent in June from a year ago, while the number of transactions rose 6.8 percent, according to First Data (http://topics.bloomberg.com/first-data/) Corp.’s SpendTrend report issued this month. The difference probably represents the increasing cost of gasoline, said Silvio Tavares, senior vice president at First Data, the largest credit card processor.

“Consumers, particularly in the lower-income end, are being forced to use their credit cards for everyday spending like gas and food,” said Tavares, who’s based in Atlanta. “That’s because there’s been no other positive catalyst, like an increase in wages, to offset higher prices. It’s a cash-flow (http://topics.bloomberg.com/cash-flow/) problem.”......

.....The swings in purchases of fuel and food have been “dramatic,” Tavares said. The volume of gasoline purchases placed on credit cards jumped 39 percent last month from a year earlier, compared with a 21 percent increase in June 2010, he said. Food shopping increased 5 percent after falling 7 percent last year.......

....Core customers of Bentonville, Arkansas-based Wal-Mart Stores Inc. (WMT) (http://www.bloomberg.com/apps/quote?ticker=WMT:US) are “cash strapped,” William Simon, U.S. stores chief, said at a June 15 conference hosted by William Blair & Co. “The paycheck cycle is severe.”....

full story: http://www.bloomberg.com/news/2011-07-21/consumers-in-u-s-relying-on-credit-as-inflation-erodes-incomes.html


ein comment von der ZH-Seite:

http://www.zerohedge.com/sites/default/files/pictures/picture-38071.jpg
by TruthInSunshine
on Thu, 07/21/2011 - 02:31
#1476262 (http://www.zerohedge.com/article/china-contracts-hsbc-flash-mfg-pmi-489-down-form-501-first-sub-50-print-february-2009-agrifl#comment-1476262)
Debt slavery is so old school as a means of expanding the economy/brutalizing people/prolonging the Ponzi-Pyramid Scheme.
When are they going to think outside of the box?
Fractional Reserve Banking & Fiatskiism needs to reinvent itself...do something bold, fresh and new.

....mir ist die Abhängigkeit und letztlich auch Kontrolle der Kreditkartenindustrie sehr zuwider :mad

lunar
21.07.2011, 11:35
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
China Contracts: HSBC Flash Mfg PMI At 48.9, Down Form 50.1, First Sub-50 Print In A Year As Agriflation Still Rages (http://www.zerohedge.com/article/china-contracts-hsbc-flash-mfg-pmi-489-down-form-501-first-sub-50-print-february-2009-agrifl)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/20/2011 22:43 -0400

The rumors were true: after printing on the verge of a contraction back in June, July's HSBC Manufacturing PMI is now sub 50, or 48.9: the first sub-50 print in this particular series in a year. This confirms that the manufacturing sector is now in contraction mode. The immediate kneejerk response is a 20 pip slide in the EURUSD which has retraced half the surge on the earlier, and repeatedly priced in, news about the nth Greek bailout. Now if only China could slow down that inflation to go alongside its economic contraction, which unfortunately as the following chart from Bloomberg demonstrates, will be a difficult proposition.

35 comments (http://www.zerohedge.com/article/china-contracts-hsbc-flash-mfg-pmi-489-down-form-501-first-sub-50-print-february-2009-agrifl#comments)
Read more (http://www.zerohedge.com/article/china-contracts-hsbc-flash-mfg-pmi-489-down-form-501-first-sub-50-print-february-2009-agrifl)

lunar
21.07.2011, 11:49
Rechtsextreme Erziehung

Kindheit am rechten Rand (http://www.spiegel.de/politik/deutschland/0,1518,771031,00.html)

Kinderbücher aus der NS-Zeit, Puzzle mit den Grenzen von 1937, Ferien mit Volksgenossen: Im rechtsextremen Milieu gedeiht hinter bürgerlichen Fassaden eine ideologische Erziehungskultur. Der Nachwuchs wird zum politischen Instrument, warnen Experten. Von Maik Baumgärtner und Andrea Röpke mehr... (http://www.spiegel.de/politik/deutschland/0,1518,771031,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40240) ]





Fotostrecke: Kindheit in einer Neonazi-Familie (http://www.spiegel.de/fotostrecke/fotostrecke-69753.html)
.
.
....und wieder einmal sind die Kommentare interessant :rolleyes für meinen Geschmack sind die Mehrzahl etwas zu rechtslastig :rolleyes aber wenig andere sind ja auch dabei :cool

Heute, 10:36 #18 (http://forum.spiegel.de/showpost.php?p=8325317&postcount=18) blackcyclist2010 (http://forum.spiegel.de/member.php?u=157588)
An ihren Worten werdet ihr sie erkennen
Hier kann man doch wunderschön erkennen, wie faschistisches Gedankengut durch die Gesellschaft sickert. Wer keinen Skandal darin erkennt, wenn Kinder mit rassistischem Wahn und einer weltweit gescheiterten Ideologie vollgepumpt werden, der steht wohl schon selbst mindestens mit einem Bein im braunen Sumpf.
Es mag auch keine glückliche Kindheit mit Holzspielzeug und ohne Fernsehen sein, aber man kann es wohl kaum mit einer Erziehung zum Nazi vergleichen.

lunar
21.07.2011, 12:02
Heat Wave Kills At Least 22 People (http://www.huffingtonpost.com/2011/07/21/heat-wave-kills_n_905312.html)


....The National Weather Service said 141 million people in more than two dozen states were under a heat advisory or warning because of the soaring temperatures. The country's midsection has been scorched off and on since late May.....

...bei uns herrscht zZ eher ein milder Winter :rolleyes

lunar
21.07.2011, 12:07
PHOTOS: Never Before Seen Early Beatles Images (http://www.huffingtonpost.com/artinfo/beatles-photos_b_903612.html)

lunar
21.07.2011, 12:18
Dems Plan To Exploit GOP Bid To Gut Consumer Financial Protection Bureau (http://www.huffingtonpost.com/2011/07/20/gop-attempt-to-curtail-cfpb_n_905260.html)

......The architect and creator of the agency, Elizabeth Warren, was passed over to head the new watchdog agency in favor of former Ohio Attorney General Richard Cordray, but Warren was given a Biblical sendoff by Democrats in House Minority Leader Nancy Pelosi's office Wednesday.....:mad


LewScannon (http://www.huffingtonpost.com/social/LewScannon?action=comments) Nobody told me or I wouldn't listen....
214 Fans (http://www.huffingtonpost.com/social/LewScannon)
2 hours ago (4:32 AM)
Bend over and grab your ankles, America, the Republican*s are in charge and are ready to let Wall Street and Banksters f*** us all again in the Glorious Name of the Holy Free Market!

lunar
21.07.2011, 12:29
FEARING THE WORST (http://www.huffingtonpost.com/2011/07/20/federal-reserve-plans-contingency-default_n_905068.html)


New York Times: Wall Street Makes Fallback Plans (http://www.nytimes.com/2011/07/21/business/economy/wall-st-makes-fallback-plans-for-debt-crisis.html)





Comments (http://www.huffingtonpost.com/2011/07/20/federal-reserve-plans-contingency-default_n_905068.html#comments)
| Debt Ceiling (http://www.huffingtonpost.com/news/debt-ceiling)
.
HUFFPOST COMMUNITY MODERATOR
Mahi Joe (http://www.huffingtonpost.com/social/Mahi_Joe?action=comments) Think critically...not blindly conform
1422 Fans (http://www.huffingtonpost.com/social/Mahi_Joe)
2 minutes ago (6:22 AM)
Well it's getting to the point where something drastic has to happen. This nation cannot continue to bleed the middle class anymore because no matter how hard they squeeze all they will get is a few last drips. These politician*s are pushing our backs to the wall and if they honestly think we, the majority of Americans, are just going to sit back and watch corrupt corporate legislator*s continue to ruin this country I fear they have a big surprise coming one day soon. Are we the "United" States of America or are we "Corporate*" States of America? People, we need to push back. We don't have our own lobbyists but we do have the numbers and the voices and we need to let these corrupt politician*s know who their bosses are.


bdyftns (http://www.huffingtonpost.com/social/bdyftns?action=comments)
4 Fans (http://www.huffingtonpost.com/social/bdyftns)
0 minute ago (6:23 AM)
This is all 'Smoke And Mirrors.' There is no way either party will allow the U.S. to default on it's debts. When Greece threatened to default on their loans it shook markets all over the world. Their economy is a mircoganis*m compared to the US economy. Everyone country in the world would then deflaut on their debts. That would just be the begining. Both Republican*s and Democrats are playing politics with our lives. The very least that is going to happen is that they will raise the debt limit. Smoke And Mirrors. I call your bluff.

lunar
21.07.2011, 15:40
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Blame It On Minnesota: Initial Claims Print At 418K, 16th Week Above 400, Worse Than Consensus (http://www.zerohedge.com/article/blame-it-minnesota-initial-claims-print-418k-16th-week-above-400-worse-consensus)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/21/2011 08:40 -0400

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/New%20York%20Initial%20Claims.jpg

The economic disaster continues with the next target of Europe's reverse Marshall Plan likely being the US itself. Initial claims just prolapsed to 418K, the 16th week over 400K, a 10K increase from the upward revised 408K last week (naturally before it was 405K), and a miss to expectations of 410K. Keep in mind this number will be further revised higher next week. Continuing claims was slighly better than expectations of 3,705K, printing at 3,698K, down from 3,748K. The ongoing 99 week cliff problem is hitting more and more people as 132K dropped off EUC and Extended benefit rolls for the week ended July 2. And while 9,681 of the claims were associated with Minnesota shutdown, nothing explains why there was a surge in 20,599 new claims out of New York of all places.


41 comments (http://www.zerohedge.com/article/blame-it-minnesota-initial-claims-print-418k-16th-week-above-400-worse-consensus#comments)
Read more (http://www.zerohedge.com/article/blame-it-minnesota-initial-claims-print-418k-16th-week-above-400-worse-consensus)
.
http://www.zerohedge.com/sites/default/files/pictures/picture-37838.jpg
by John Law Lives
on Thu, 07/21/2011 - 08:42
#1476559 (http://www.zerohedge.com/article/blame-it-minnesota-initial-claims-print-418k-16th-week-above-400-worse-consensus#comment-1476559)
The July NFP data should be interesting...
Time for QE3! That should save the world...

http://www.zerohedge.com/sites/default/files/pictures/picture-8160.jpg
by papaswamp
on Thu, 07/21/2011 - 08:44
#1476570 (http://www.zerohedge.com/article/blame-it-minnesota-initial-claims-print-418k-16th-week-above-400-worse-consensus#comment-1476570)
Actually NY had the worst report. All those high end prostitutes now out of work. :bäh

http://www.zerohedge.com/sites/default/files/pictures/picture-12006.jpg
by SheepDog-One
on Thu, 07/21/2011 - 08:48
#1476592 (http://www.zerohedge.com/article/blame-it-minnesota-initial-claims-print-418k-16th-week-above-400-worse-consensus#comment-1476592)
In NY, the politicians lost their jobs? :bäh When did that happen?

http://www.zerohedge.com/images/bagicon.png
by dcb
on Thu, 07/21/2011 - 09:15
#1476698 (http://www.zerohedge.com/article/blame-it-minnesota-initial-claims-print-418k-16th-week-above-400-worse-consensus#comment-1476698)
markets surging on the news of contraction in china and increased unemployment.



http://www.zerohedge.com/sites/default/files/pictures/picture-44399.jpg
by Johnny Lawrence
on Thu, 07/21/2011 - 09:22
#1476726 (http://www.zerohedge.com/article/blame-it-minnesota-initial-claims-print-418k-16th-week-above-400-worse-consensus#comment-1476726)
It's amazing. The disconnect between Wall Street and the economy is mind-boggling. I don't even know what to say anymore.

lunar
21.07.2011, 15:43
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Citi Pours Water On EUR Rally, Sees Knee Jerk Covering To 1.45, Longer-Term Issues Still Unresolved (http://www.zerohedge.com/article/citi-pours-water-eur-rally-sees-knee-jerk-covering-145-longer-term-issues-still-unresolved)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/21/2011 09:33 -0400

Citi, whose Steven Englander has been bearish on the EUR for a while, and with good reason although when faced with central planning, and Chinabot of course, it is tough to remain rational, sane, and certainly solvent, when the market can remain idiotic and socialist for far, far longer, has just released another note bashing the kneejerk reaction in the EUR. Bloomberg's terrific new All News service summarizes.


4 comments (http://www.zerohedge.com/article/citi-pours-water-eur-rally-sees-knee-jerk-covering-145-longer-term-issues-still-unresolved#comments)
Read more (http://www.zerohedge.com/article/citi-pours-water-eur-rally-sees-knee-jerk-covering-145-longer-term-issues-still-unresolved)
.
http://www.zerohedge.com/sites/default/files/pictures/picture-14327.jpg
by Archimedes
on Thu, 07/21/2011 - 09:39
#1476795 (http://www.zerohedge.com/article/citi-pours-water-eur-rally-sees-knee-jerk-covering-145-longer-term-issues-still-unresolved#comment-1476795)
Apparently nothing bad can happen if you just keep printing paper, shuffling it around and delaying the inevitable. 3+ years and counting.....

lunar
21.07.2011, 15:45
Finanznachrichten: 21. Juli 2011, 14:49

EZB beugt sich für Griechenland erneut Druck der Politik (http://www.nzz.ch/finanzen/nachrichten/ezb_beugt_sich_fuer_griechenland_erneut_druck_der_politik_1.11546441.html)

Zentralbankchef Trichet trägt «selective default» mit

http://www.nzz.ch/images/trichet_ezb_lead_1.11546468.1311252497.jpg (http://www.nzz.ch/finanzen/nachrichten/ezb_beugt_sich_fuer_griechenland_erneut_druck_der_politik_1.11546441.html)Bis gestern Mittwoch weigerte sich der Präsident der Europäische Zentralbank (EZB), Jean-Claude Trichet, einen teilweisen Zahlungsausfall Griechenlands zu akzeptieren. Im Gespräch mit Merkel und Sarkozy scheint er nun überraschend eingeschwenkt zu sein. ...

(http://www.nzz.ch/finanzen/nachrichten/ezb_beugt_sich_fuer_griechenland_erneut_druck_der_politik_1.11546441.html)

lunar
21.07.2011, 15:52
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
A Quick Take On The European "Marshall Plan" (http://www.zerohedge.com/article/quick-take-european-marshall-plan)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/21/2011 09:01 -0400

So far all the news out of Europe is based on changes to EFSF. Greece will be able to borrow for 15 years at 3.5%. French bonds with a 15 year maturity trade at 3.8%. So the EFSF will have to pay more on its debt than it receives? Interesting. Have the rating agencies signed up to rate the new EFSF as AAA? From deals I've worked on, things that always hurt ratings were i) extending maturity, ii) including banks in addition to sovereigns, iii) allowing trading, iv) vague rules as opposed to written rules. The headlines all indicate the new EFSF has all of these components. I am sure the agencies have been involved in these discussions, but I remain dubious how happy the market will be to finance the EFSF at rates that are remotely in line with the rates the EFSF plans to provide financing at. Lots more details likely to come out during the day, but watch for the details. The headlines sound great, but can they be executed. I also noticed somewhere that new lending would be collateralized. If that is true, has anyone asked the borrowers if that makes sense for them?


47 comments (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comments)
Read more (http://www.zerohedge.com/article/quick-take-european-marshall-plan)
.

http://www.zerohedge.com/images/bagicon.png
by dcb
on Thu, 07/21/2011 - 09:05
#1476656 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476656)
the german taxpayers eat it again. wonder what this will do for merkel, does she go down in flames now.


http://www.zerohedge.com/sites/default/files/pictures/picture-17187.jpg
by 66Sexy
on Thu, 07/21/2011 - 09:08
#1476672 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476672)
what if china overcommits to the euro, then the eurozone dissolves?


http://www.zerohedge.com/sites/default/files/pictures/picture-56345.png
by TheTmfreak
on Thu, 07/21/2011 - 09:25
#1476738 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476738)
Who says they haven't already overcommitted? (I guess one needs to describe what that means).
I try to argue this to people all the time. So long as China is dependent upon the US dollar and the Euro, they will be dependent upon the financial state of both entities, and will pay the price. The Euro is collapsing and the Dollar has nowhere to go, but to be inflated. Furthermore who says that anybody is going to buy their shit anymore if/when the mass globalization ends?

http://www.zerohedge.com/sites/default/files/pictures/picture-16798.gif
by kridkrid
on Thu, 07/21/2011 - 09:36
#1476780 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476780)
yup... they have the same collapse ahead for them... unfortunately for them (and everyone else), they have about 1/5 the world's population living in about 1/4 of the land mass of China. That is, at the same time, a lot of mouths to feed and a lot of soldiers to send off to battle. Throw in the sex starved single teen to 20-something based on parents gaming the one child policy and you've got yourself a fairly disposable army to throw at something. They'll be like storm troopers.


http://www.zerohedge.com/sites/default/files/pictures/picture-45000.jpg
by PY-129-20
on Thu, 07/21/2011 - 09:10
#1476678 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476678)
No, my "friend". This will lead to open Rebellion sooner or later.


http://www.zerohedge.com/sites/default/files/pictures/picture-62466.jpg
by Bang Dae Ho
on Thu, 07/21/2011 - 09:17
#1476709 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476709)
German style rebellion:

- spitting chewing gum on public spaces

- saying ugly words while watching TV evening news

- breaking speed limits not just 10km/h but staggering 15 km/h

- throwing the wrong type of garbage in public garbage separation containers


http://www.zerohedge.com/sites/default/files/pictures/picture-20651.gif
by Cult_of_Reason
on Thu, 07/21/2011 - 09:21
#1476721 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476721)
Scheiße



http://www.zerohedge.com/sites/default/files/pictures/picture-62466.jpg
by Bang Dae Ho
on Thu, 07/21/2011 - 09:25
#1476742 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476742)
Ja, 'scheiße' ist eine sehr gute Zusammenfassung.

http://www.zerohedge.com/sites/default/files/pictures/picture-56345.png
by TheTmfreak
on Thu, 07/21/2011 - 09:25
#1476743 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476743)
Add owning a baseball bat.


http://www.zerohedge.com/sites/default/files/pictures/picture-62466.jpg
by Bang Dae Ho
on Thu, 07/21/2011 - 09:42
#1476807 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476807)
there is a famous Lenin quotation: 'if there is a revolutionary train station raid, Germans would buy a station ticket'.

http://www.zerohedge.com/sites/default/files/pictures/picture-21411.png
by Azannoth
on Thu, 07/21/2011 - 09:11
#1476683 (http://www.zerohedge.com/article/quick-take-european-marshall-plan#comment-1476683)
Dude there is absolutely no alternative in Germany, Merkl is a 'conservative' the opposition are the Greens and Socialists both advocating debt forgiveness to Greece, we'll see more of Merkl for years to come

lunar
21.07.2011, 16:02
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
John Taylor's Must Read Op-Ed Calling For The Great Reset (http://www.zerohedge.com/article/john-taylors-must-read-op-ed-calling-great-reset)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/21/2011 09:46 -0400

John Taylor, the "Fed Chairman who should have been", has penned a terrific op-ed in the WSJ. Advocating nothing short of a great reset, this is one of today's must read pieces: "If government interventions are the economic problem, then the solution is to unwind them. Some lament that with the high debt and bloated Fed balance sheet, we have run out of monetary and fiscal ammunition, but this may be a blessing in disguise. The way forward is not more spending, greater debt and continued zero-interest rates, but spending control and a return to free-market principles. Unfortunately, as the recent debate over the debt limit indicates, narrow political partisanship can get in the way of a solution. The historical evidence on what works and what doesn't is not partisan. The harmful interventionist policies of the 1970s were supported by Democrats and Republicans alike. So were the less interventionist polices in the 1980s and '90s. So was the recent interventionist revival, and so can be the restoration of less interventionist policy going forward. "


8 comments (http://www.zerohedge.com/article/john-taylors-must-read-op-ed-calling-great-reset#comments)
Read more (http://www.zerohedge.com/article/john-taylors-must-read-op-ed-calling-great-reset)
.
http://www.zerohedge.com/images/bagicon.png
by Derpin USA
on Thu, 07/21/2011 - 09:55
#1476857 (http://www.zerohedge.com/article/john-taylors-must-read-op-ed-calling-great-reset#comment-1476857)
It'd be nice if he called for a true reset, but he's just calling for modifying the current structure. To call for a true reset is to acknowledge that political action is futile and that we must destroy it all and rebuild again. Wake me up when he says that.


http://www.zerohedge.com/sites/default/files/pictures/picture-5464.png
by Cognitive Dissonance
on Thu, 07/21/2011 - 09:55
#1476859 (http://www.zerohedge.com/article/john-taylors-must-read-op-ed-calling-great-reset#comment-1476859)
On CNBC this morning Goggles (MCC) and Joe were calling Taylor disgruntled etc. Not a team player.
Goggles is most definitely a team player.

http://www.mediaite.com/wp-content/uploads/2011/06/Picture-348-300x214.png

lunar
21.07.2011, 16:12
THE LAST TOUCHDOWN (http://www.huffingtonpost.com/2011/07/21/space-shuttle-atlantis-co_n_905383.html)

PHOTOS: Shuttle Returns To Earth For The Final Time (http://www.huffingtonpost.com/2011/07/21/space-shuttle-atlantis-landing-nasa_n_905413.html)




Comments (901) (http://www.huffingtonpost.com/2011/07/21/space-shuttle-atlantis-co_n_905383.html#comments)
| NASA (http://www.huffingtonpost.com/news/nasa)
.
blinkthink (http://www.huffingtonpost.com/social/blinkthink?action=comments)
619 Fans (http://www.huffingtonpost.com/social/blinkthink)
4 minutes ago (10:00 AM)
America is seeing the last of alot of things.

lunar
21.07.2011, 16:22
Thursday, July 21, 2011

PARADISE THREATENED (http://kliguy38depression2news.blogspot.com/2011/07/paradise-threatened.html)

http://2.bp.blogspot.com/-kLv92hagxmY/Tiedf07NyAI/AAAAAAAAAMc/hhnkM0qlTSw/s400/imagesCAOFV25Y.jpg (http://2.bp.blogspot.com/-kLv92hagxmY/Tiedf07NyAI/AAAAAAAAAMc/hhnkM0qlTSw/s1600/imagesCAOFV25Y.jpg)

Of course there is always the calm before the storm. We've often talked about how relatively benign our medicine has been after the 2008 Crash. Actually it has been a monstrous Bull Market. At least for the ones out there that have equities. Many were left in a pile of dust in early 09 and elected to sit out the Great Casino. That CONfidence will NOT be restored anytime soon. Fool me once shame on you....fool me twice shame on me. Mom and Pop have seen this movie one too many times and know that this is not their daddy's market. These are end-o-days times. We're trying to restore CONfidence to the masses and trying to keep a hundred leaks a week from breaking the dam. Can anyone possibly heal these type of wounds? Not likely.

So how do you play it? NO ONE can guarantee anything in this game but there are some probabilities. One probability that is high is further disruptions and fear increasing. Unless we get a complete crash from a black swan then a series of crisis that are continually being managed will occur. This plays into the fear trade and precious metals. In spite of the efforts of the Central banks to suppress these headline prices on Gold and silver (to protect their fiat confidence) the buyers will continue to gravitate to this safety trade. Miners are a leveraged trade on the metals. IF and its a big IF I am right the miners trade has gone through a significant accumulation phase and is now ready for its next leg up which should be amazing this year. Monetization will continue to try and stem the debt implosion but this is increasingly apparent to many to be only a temporizing measure. So rather than publicize these efforts they will attempt to be more surrepticious until it becomes necessary to proclaim the QE of all QEs will be unleashed. This will have to happen but only after the market AND ECONOMY begin to show the next deflationary cracks. I don't wish for this so save you sighs. There just isn't any other probabilities.....Possibilities?? YES. Probabilities?? NO.

My miner trade is still my focus but the casino is still open just be careful all.
Posted by kliguy38 at 6:30 AM (http://kliguy38depression2news.blogspot.com/2011/07/paradise-threatened.html) 5 comments (http://kliguy38depression2news.blogspot.com/2011/07/paradise-threatened.html#comments) http://www.blogger.com/img/icon18_email.gif (http://www.blogger.com/email-post.g?blogID=199544290987009377&postID=5469531259882573359)

lunar
21.07.2011, 16:44
Griechenland und Co.

Euro-Länder senken Zinsen für Schuldenstaaten (http://www.spiegel.de/wirtschaft/soziales/0,1518,775770,00.html)

Griechenland soll geholfen werden - aber wie? In Brüssel ringen die Staats- und Regierungschefs um eine Lösung der Euro-Schuldenkrise. Eine wichtige Entscheidung haben sie offenbar schon getroffen: Die südeuropäischen Pleitekandidaten sollen günstiger an Kredite kommen als bisher. mehr... (http://www.spiegel.de/wirtschaft/soziales/0,1518,775770,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40280) ]

....wird natürlich meistens verdonnert - andererseits, wie soll es denn weitergehen, wenn die hohen Zinsen noch das letzte Restchen Luft abwürgen :confused:rolleyes vor allem cui bono :oo

lunar
21.07.2011, 18:01
Finanznachrichten: 21. Juli 2011, 17:43

Ein «Marshallplan» für Athen (http://www.nzz.ch/finanzen/nachrichten/ein_buendel_fuer_athen_1.11549744.html)

Günstige Kredite für Griechenland – erstmals freiwillige Beteiligung der Banken

http://www.nzz.ch/images/papandreou_merkel_lead_1.11550114.1311263260.jpg (http://www.nzz.ch/finanzen/nachrichten/ein_buendel_fuer_athen_1.11549744.html)Ein Bündel an Hilfsmassnahmen soll Griechenland vor der Pleite retten; die Ausbreitung der Krise auf andere Staaten soll verhindert werden. Banken beteiligen sich erstmals freiwillig an der Rettung. Ein «Marshallplan» soll die wirtschaftliche Erholung Griechenlands ankurbeln. ...

(http://www.nzz.ch/finanzen/nachrichten/ein_buendel_fuer_athen_1.11549744.html)

lunar
21.07.2011, 18:04
«Morgan Stanley ist die neue Goldman Sachs» (...hoffentlich nicht :mad)

http://www.cash.ch/services/img/news/120/3821_Morgan%5FStanley.jpg 21.07.11, 15:00

Die US-Grossbank Morgan Stanley läuft dem Erzrivalen Goldman Sachs zunehmend den Rang ab. James Gorman präsentierte am Donnerstag für das zweite Quartal zwar einen Verlust - und doch ist das eine positive Überraschung mehr » (http://www.cash.ch/news/topnews/morgan_stanley_ist_die_neue_goldman_sachs-1058620-771)

lunar
21.07.2011, 22:06
inanznachrichten: 21. Juli 2011, 21:44 109 Milliarden Euro für Griechenland (http://www.nzz.ch/finanzen/nachrichten/euro-gipfel_krisenpaket_1.11553210.html)

Brüsseler Gipfel einigt sich auf Krisenpaket - Abschlusserklärung angenommen

Die Staats- und Regierungschefs der 17 Euroländer haben sich auf ihrem Gipfel in Brüssel auf ein Krisenpaket für Griechenland geeinigt. Dies teilte EU-Ratspräsident Van Rompuy mit. Das neue Hilfspaket wird einen Umfang von 109 Milliarden Euro haben. ...
(http://www.nzz.ch/finanzen/nachrichten/euro-gipfel_krisenpaket_1.11553210.html)
*******************************************

Eilmeldung

109 Milliarden Euro für Griechenland (http://www.tagesanzeiger.ch/ausland/europa/109-Milliarden-Euro-fuer-Griechenland/story/29316526)

http://files.newsnetz.ch/story/2/9/3/29316526/10/teasersmall16x9.jpg?1311278172 (http://www.tagesanzeiger.ch/ausland/europa/109-Milliarden-Euro-fuer-Griechenland/story/29316526) Die Eurozone hat ein neues Griechenland-Hilfspaket im Gesamtvolumen von 109 Milliarden Euro beschlossen. Dies geht aus der Abschlusserklärung des Sondergipfels in Brüssel hervorgeht. Mehr... (http://www.tagesanzeiger.ch/ausland/europa/109-Milliarden-Euro-fuer-Griechenland/story/29316526)

Aktualisiert vor 5 Minuten


*********************************************


(http://www.nzz.ch/finanzen/nachrichten/euro-gipfel_krisenpaket_1.11553210.html) Schuldenkrise

Euro-Staaten einigen sich auf neues Griechenland-Paket (http://www.spiegel.de/wirtschaft/soziales/0,1518,775790,00.html)

Das Gerangel um die dringend notwendigen Hilfen für das hochverschuldete Griechenland ist beendet. Die Staats- und Regierungschefs der Euro-Länder haben sich auf ein Rettungspaket im Volumen von insgesamt 109 Milliarden Euro geeinigt. Private Gläubiger sollen 37 Milliarden Euro dazu beitragen. mehr... (http://www.spiegel.de/wirtschaft/soziales/0,1518,775790,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40299) ]


.....und die Steuerzahler werden nicht gefragt :rolleyes

lunar
21.07.2011, 22:10
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Complete Statement By Euroheads And IIF Press Releases On European Bailout (http://www.zerohedge.com/article/complete-statement-euroheads-and-iif-press-releases-european-bailout)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/21/2011 15:44 -0400

For those who may have missed the official statement by the Euroheads and the two official IIF press releases, here they are again. The irony is that far all the pomp, circumstance, and posturing, nobody has any idea how to implement this massive bailout package. And furthermore, if the EURUSD can only ramp to sub 1.44 on this Bazooka plan, the EUR is in very deep trouble.


24 comments (http://www.zerohedge.com/article/complete-statement-euroheads-and-iif-press-releases-european-bailout#comments)
Read more (http://www.zerohedge.com/article/complete-statement-euroheads-and-iif-press-releases-european-bailout)
.
http://www.zerohedge.com/sites/default/files/pictures/picture-8837.png
by Contra_Man
on Thu, 07/21/2011 - 15:52
#1478422 (http://www.zerohedge.com/article/complete-statement-euroheads-and-iif-press-releases-european-bailout#comment-1478422)
Introducing your new credit ratings level: Sustainable Default (SD)

lunar
21.07.2011, 22:22
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
UPDATE: NYT Full Of Crap Jay Carney Says.... Here It Comes: Obama and Boehner Close To Major Budget Deal, Long Bond Surges (http://www.zerohedge.com/article/here-it-comes-obama-and-boehner-close-major-budget-deal-congressional-leaders-are-told)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/21/2011 12:41 -0400

UPDATE: CARNEY DENIES NYT REPORT: "THERE IS NO DEAL" 30 Year plunging

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/30%20Year_1.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/30%20Year_1.jpg)

Just breaking news from the NYT for now. 30 Year surging.




124 comments (http://www.zerohedge.com/article/here-it-comes-obama-and-boehner-close-major-budget-deal-congressional-leaders-are-told#comments)
Read more (http://www.zerohedge.com/article/here-it-comes-obama-and-boehner-close-major-budget-deal-congressional-leaders-are-told)
.
http://www.zerohedge.com/sites/default/files/pictures/picture-50455.png
by Iriestx
on Thu, 07/21/2011 - 12:47
#1477537 (http://www.zerohedge.com/article/here-it-comes-obama-and-boehner-close-major-budget-deal-congressional-leaders-are-told#comment-1477537)
It's almost as if this is just some political kabuki-esque farce to cover over the fact that both parties made a decision months ago to eliminate your SS benefits, and this act is just something they're doing to legitmize it.


http://www.zerohedge.com/sites/default/files/pictures/picture-5464.png
by Cognitive Dissonance
on Thu, 07/21/2011 - 12:54
#1477574 (http://www.zerohedge.com/article/here-it-comes-obama-and-boehner-close-major-budget-deal-congressional-leaders-are-told#comment-1477574)
I would say they knew they were going to cut SS, but theywanted to engineer a compelling reason to be 'forced' to do so. Presto chango, we now have a terrible crisis ready and waiting because they just couldn't agree to raise the debt ceiling. Like magic.
When someone doesn't want you to do something that you want to do, find some way to get them to beg you to do what they originally didn't want you to do.
"Suddenly I have a terrible tooth ache. Please smash my fingers so I'll forget about the tooth ache."

lunar
21.07.2011, 22:32
GOP Senator: Obama Will Cave On Debt (http://www.huffingtonpost.com/2011/07/21/tom-coburn-republicans-president-obama-veto-capitualte_n_905989.html)

WASHINGTON -- Republicans are willing to push President Obama to the wall with their budget-slashing bill to raise the debt ceiling because they are convinced he will capitulate on his veto threat and sign it, GOP lawmakers declared Thursday.

The Republican bill, which passed the House Tuesday and which Democrats warn will require even steeper cuts than the unpopular House budget plan that passed in the spring, is starting debate in the Senate......


Comments (http://www.huffingtonpost.com/2011/07/21/tom-coburn-republicans-president-obama-veto-capitualte_n_905989.html#comments)

http://i.huffpost.com/profiles/332638.png?20090906174018 (http://www.huffingtonpost.com/social/old_lady?action=comments) old lady (http://www.huffingtonpost.com/social/old_lady?action=comments)
333 Fans (http://www.huffingtonpost.com/social/old_lady)
0 minute ago (4:20 PM)
"And I will bet you a porterhous*e steak that, if it lands on his desk, he'll sign that puppy."
IN YOUR DREAMS, COBURN - AND MAKE MINE MEDIUM RARE.

http://i.huffpost.com/profiles/1005712.png?20100429212647 (http://www.huffingtonpost.com/social/DrObvious?action=comments) HUFFPOST COMMUNITY MODERATOR
DrObvious (http://www.huffingtonpost.com/social/DrObvious?action=comments) my micro-bio was empty, but i do have a life
2035 Fans (http://www.huffingtonpost.com/social/DrObvious)
0 minute ago (4:20 PM)
Mr. Coburn may be willing to go across the country defending why he and Republican*s crashed the nation's credit rating unless he gets to destroy medicare and social security.
But when he gets to my neighborho*od, he will get a depression*-deep frosty reception, and it won't be the Minnesota weather creating the chill.

http://images.huffingtonpost.com/aol_profile_img/1642953.png (http://www.huffingtonpost.com/social/lbakerathens?action=comments) lbakerathens (http://www.huffingtonpost.com/social/lbakerathens?action=comments)
1 Fans (http://www.huffingtonpost.com/social/lbakerathens)
0 minute ago (4:19 PM)
America is on life support and the Republican*s are about to pull the plug.


...mögen sie in ihrem Tee ersaufen :oo

lunar
22.07.2011, 09:11
IN Re JuLY 21. 2011...


http://www.zerohedge.com/sites/default/files/pictures/picture-7818.png
Submitted by williambanzai7 (http://www.zerohedge.com/users/williambanzai7) on 07/21/2011 15:23 -0400


http://www.zerohedge.com/article/re-july-21-2011

Zum Original-Beitrag (showthread.php3?p=1398870#post1398870)
http://www.zerohedge.com/sites/default/files/pictures/picture-5464.png
by Cognitive Dissonance
on Thu, 07/21/2011 - 15:54
#1478444 (http://www.zerohedge.com/article/re-july-21-2011#comment-1478444)
Damn. I seem to be suffering from a very severe case of Cognitive Dissonance. On the one hand I hate Linda Green. On the other hand I seem to love Linda Green. What's a poor boy to do? Looks like the devil's in the details. Or in this case it's in Linda Green.
BTW Banzai7, thanks for posting all of your Visual Combat series in one place. Two pages of nothing but Visual Combat. If I didn't know better I'd say I died and went to hell with Linda Green.

http://www.flickr.com/photos/expd/sets/72157627122036509/

...und zu der roten Linda Green :rolleyes http://www.scribd.com/doc/25915291/Too-Many-Jobs-Linda-Green-Tywanna-Thomas-Korell-Harp-and-Shelly-Scheffey

lunar
22.07.2011, 09:17
Reaktionen auf Griechenland-Paket

"Das trifft uns hart" (http://www.spiegel.de/politik/ausland/0,1518,775858,00.html)

Das Milliarden-Rettungspaket für Griechenland ruft unterschiedliche Reaktionen hervor: Europas Politiker sind erleichtert, die Märkte erholen sich. US-Analysten sehen das Schlimmste aber nicht überstanden - und Deutsche-Bank-Chef Ackermann beklagt die Folgen für private Gläubiger.....

......Experten: Paket kommt deutsche Steuerzahler teuer

Der Chef der Wirtschaftsweisen, Wolfgang Franz, hält die vereinbarte Umschuldung griechischer Anleihen für nicht ausreichend. "Eine weitergehende Entschuldung um 50 Prozent wäre für Griechenland sicher besser gewesen", sagte der Chef des Sachverständigenrats der "Rheinischen Post".

Auch der Wirtschaftsweise Peter Bofinger kritisierte, die Schuldenlast des Landes sei selbst nach der Umschuldung noch zu hoch. Zugleich lobte er die von den Euro-Staaten vereinbarte Senkung der Zinsen. "Das ist für mich der entscheidende Punkt: Wenn öffentliche und private Gläubiger Griechenland die Kredite für Zinsen von nur noch 3,5 Prozent geben, ist das ein großer Fortschritt", sagte Bofinger der Zeitung. Auch die Regelung, dass der Euro-Rettungsfonds notfalls griechische Anleihen am Markt aufkaufen kann, sei hilfreich.

Skeptischer äußerte sich Ansgar Belkevom Deutschen Institut für Wirtschaftsforschung (DIW). Er prognostizierte für die deutschen Steuerzahler eine Belastung in Milliardenhöhe durch die Euro-Rettungspakete. "Die Untergrenze der Belastung für Deutschland liegt bei 43 bis 48 Milliarden Euro", sagte Belke der "Frankfurter Allgemeinen Zeitung". Falls sich künftig alle möglichen Länder über den Rettungsfonds finanzieren könnten, ginge die Entwicklung der Währungsunion "in Richtung einer kompletten Haftungsunion", und diese würde für Deutschland teuer werden.

mehr... (http://www.spiegel.de/politik/ausland/0,1518,775858,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40311) ] :rolleyes

lunar
22.07.2011, 09:25
Im Norden Kenias sterben selbst die Hyänen (http://www.tagesanzeiger.ch/panorama/vermischtes/Im-Norden-Kenias-sterben-selbst-die-Hyaenen/story/10249379)

http://files.newsnetz.ch/story/1/0/2/10249379/6/teasersmall16x9.jpg?1311319139 (http://www.tagesanzeiger.ch/panorama/vermischtes/Im-Norden-Kenias-sterben-selbst-die-Hyaenen/story/10249379) In Ostafrika sind immer mehr Menschen von der Dürrekatastrophe betroffen. Jüngere Kinder haben in ihrem Leben noch keinen Tropfen Wasser vom Himmel fallen sehen. Mehr... (http://www.tagesanzeiger.ch/panorama/vermischtes/Im-Norden-Kenias-sterben-selbst-die-Hyaenen/story/10249379)

Aktualisiert vor 44 Minuten

Mehr als zwölf Millionen Menschen betroffen



.....es ist fürchterlich :(

lunar
22.07.2011, 09:38
Politik: 22. Juli 2011, 06:44

Offenbar Kompromiss in Sicht im US-Schuldenstreit (http://www.nzz.ch/nachrichten/politik/international/offenbar_kompromiss_in_sicht_im_us-schuldenstreit_1.11557563.html)

Medien sehen Bewegung in den verfahrenen Gesprächen

(http://www.nzz.ch/nachrichten/politik/international/offenbar_kompromiss_in_sicht_im_us-schuldenstreit_1.11557563.html)Eine Einigung im Streit um die Erhöhung der Schuldenobergrenze der USA könnte auf Einsparungen in Milliardenhöhe hinauslaufen, wie US-Medien aus Verhandlungskreisen erfahren haben. Von Steuererhöhungen scheint nicht mehr die Rede zu sein.

......Steuererhöhungen für Wohlhabende, wie Obama und seine Demokraten sie fordern, seien vorerts nicht vorgesehen (...no, we can't :mad) Künftig sollen die Staatseinnahmen jedoch durch eine Überarbeitung der Abgabenordnung verbessert werden, berichtete die «New York Times». Zwar seinen die Pläne noch nicht fertig. Allerdings gebe es eine Annäherung zwischen Obama und dem republikanischen Präsidenten des Abgeordnetenhauses, John Boehner.

Kritik an den Plänen komme vor allem von Seiten der Demokraten, die weitreichende Zugeständnisse Obamas und eine Abkehr von den bisherigen Positionen befürchteten. Seine Fraktion lehne «die potenzielle Vereinbarung» ab, da sie bislang keine ausreichenden Steuermehreinnahmen vorsehe, sagte der demokratische Mehrheitsführer im Senat, Harry Reid, laut «Washington Post»......



(http://www.nzz.ch/nachrichten/politik/international/offenbar_kompromiss_in_sicht_im_us-schuldenstreit_1.11557563.html)

lunar
22.07.2011, 09:50
US-Pleite: Kalifornien will Milliarden horten

http://www.cash.ch/services/img/news/120/4604_Ferien%5FStrand%5FKalifornien.jpg
22.07.11, 09:31
Der US-Staat Kalifornien rechnet mit dem Schlimmsten und bereitet sich bereits auf die drohende Zahlungsunfähigkeit des Bundes vor. Der einwohnerreichste US-Staat will zur Sicherheit fünf Milliarden Dollar auf dem Kreditmarkt aufnehmen......(vielleicht mal bei der EU anklopfen :confused:rolleyes:oo;)) mehr » (http://www.cash.ch/news/topnews/uspleite_kalifornien_will_milliarden_horten-1058874-771)





(http://www.cash.ch/news/topnews/uspleite_kalifornien_will_milliarden_horten-1058874-771)

lunar
22.07.2011, 09:58
http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2011/7/22/1311289328704/Lucian-Freud-001.jpg (http://www.guardian.co.uk/artanddesign/2011/jul/21/lucian-freud-died-aged-88) Giant of British art Lucian Freud dies aged 88 (http://www.guardian.co.uk/artanddesign/2011/jul/21/lucian-freud-died-aged-88)

Lucian Freud (http://www.guardian.co.uk/artanddesign/freud), widely acknowledged as one of the greatest, most influential and yet most controversial British painters of his era, has died at his London home.News of his death, at the age of 88, was released by his New York art dealer, William Acquavella. The realist painter, who was a grandson of the psychoanalyst Sigmund Freud, had watched his works soar in value over recent years and, in 2008, his portrayal of a large, naked woman on a couch – Benefits Supervisor Sleeping – sold at auction for £17m, a record price for the work of a living artist.......

lunar
22.07.2011, 09:59
Politik: 22. Juli 2011, 07:04

Geissler kritisiert Gegner von «Stuttgart 21» (http://www.nzz.ch/nachrichten/politik/international/geissler_kritisiert_gegner_von_stuttgart_21_1.11557675.html)

http://www.nzz.ch/images/heiner_geissler_november_2010_small_1.8521119.1291140778.jpg (http://www.nzz.ch/nachrichten/politik/international/geissler_kritisiert_gegner_von_stuttgart_21_1.11557675.html) Entscheidung zum Ausstieg aus Schlichtung als irrational bezeichnet

Der «Stuttgart 21»-Schlichter Heiner Geissler hat die Gesprächsverweigerung der Gegner nach Bekanntwerden des Stresstests scharf kritisiert. «Nur weil das Ergebnis nicht ausfällt, wie man es sich erhofft hat, kann man doch nicht einfach aussteigen», sagte Geissler. ...

(http://www.nzz.ch/nachrichten/politik/international/geissler_kritisiert_gegner_von_stuttgart_21_1.11557675.html)

lunar
22.07.2011, 12:44
Die Eurokrise ist noch lange nicht vorbei (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Die-Eurokrise-ist-noch-lange-nicht-vorbei/story/15049258)

http://files.newsnetz.ch/story/1/5/0/15049258/34/teasersmall16x9.jpg?1311328724 (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Die-Eurokrise-ist-noch-lange-nicht-vorbei/story/15049258) Langsam scheint es den Eurostaatschefs zu dämmern, dass zur Lösung der Krise mehr nötig ist als bisher. Von einer Lösung der Probleme sind sie aber noch weit entfernt. Eine erneute Eskalation bleibt wahrscheinlich.....

...und auch nicht um Schulden
Vor allem aber: Das grundlegende Problem der gefährdeten Euroländer ist nicht ihre Verschuldung, diese ist eine Folge eines tiefer liegenden Problems: Ihre schwächere Wirtschaftsstruktur gemessen an der Produktivität. Das heisst, die Lohnstückkosten in Griechenland, Irland, Portugal, Spanien und auch in Italien sind seit dem Jahr 2000 deutlich stärker angestiegen als etwa in Deutschland. Da alle diese Länder ihre Produkte auf den Weltmärkten in der gleichen Gemeinschaftswährung anbieten, sind sie deutlich weniger konkurrenzfähig. Eine Abwertung der Währung ist ihnen aber nicht möglich, womit nur die reale Abwertung bleibt: Das heisst, Kosten und damit die Löhne müssten deutlich sinken. Doch das wiederum macht die ebenfalls stark gestiegene private Verschuldung in den betroffenen Ländern untragbar, verzögert eine Verbesserung der Konjunkturlage und sorgt für eine Verschärfung der politischen Spannungen. Soll die Eurozone bestehen bleiben, ist ein Mittelweg nötig: Untragbare Schulden müssen weit stärker abgeschrieben werden, reiche Länder müssen die gefährdeten finanziell unterstützen und diese verlieren einen Teil ihrer wirtschaftspolitischen Freiheit. Die einzige Alternative ist ein Auseinanderbrechen der Währungsunion. Die Beschlüsse von gestern machen deutlich, dass dies den Politikern immerhin langsam zu dämmern beginnt. Dennoch bleiben entscheidende Schritte aus. Noch immer dominiert das Prinzip Hoffnung, dass sich die Dinge zumindest zwischenzeitlich wieder etwas beruhigen. Der Vertrauensverlust in die Politik, der damit einhergeht, führt dazu, dass die Möglichkeiten für nachhaltige Lösungen dahinschmelzen wie der Schnee in der Sonne. Das bleibt Grund zur Sorge. (Tagesanzeiger.ch/Newsnetz)

Erstellt: 22.07.2011, 08:59 Uhr

lunar
22.07.2011, 12:51
Politik: 22. Juli 2011, 12:00

Miliz in Somalia lässt Hilfslieferungen nicht durch (http://www.nzz.ch/nachrichten/politik/international/miliz_somalia_hilfslieferungen_1.11564119.html)

http://www.nzz.ch/images/hungersnot_somalia_small_1.11564934.1311327546.jpg (http://www.nzz.ch/nachrichten/politik/international/miliz_somalia_hilfslieferungen_1.11564119.html) Unterstützung kommt für viele Betroffene zu spät

(http://www.nzz.ch/nachrichten/politik/international/miliz_somalia_hilfslieferungen_1.11564119.html)In der Katastrophenregion am Horn von Afrika fehlt es weiter an Nahrung und Medikamenten. Im Süden von Somalia sperrt die Shabab-Miliz die internationalen Hilfslieferungen. Für viele Menschen kommt die Unterstützung bereits zu spät.

(sda/dpa/afp) Das Sterben in den von der Hungerkatastrophe in Ostafrika betroffenen Gebieten geht unvermindert weiter. Die Not wird noch verschlimmert durch die Shabab-Miliz, die internationalen Hilfslieferungen im Süden Somalias den Zugang verweigert.

Im Bürgerkriegsland Somalia machen sich immer mehr verzweifelte Menschen aus dem von Rebellen kontrollierten Süden auf in die Hauptstadt Mogadisco. Nur wenige Kilometer ausserhalb der somalischen Metropole lägen Camps mit unzähligen Zelten und Notunterkünften, in denen die hungernden Menschen Zuflucht suchten, berichtete der britische Sender BBC.

«Sie riskieren die gefährliche Reise, um Hilfe zu finden, aber für viele ist es schon zu spät», sagte ein Journalist vor Ort. Ärzte hätten in den somalischen Lagern allein in den vergangenen neun Tagen über 1000 schwer unterernährte Kinder behandelt. Mütter mit ihren vom Hunger gezeichneten Kindern stünden stundenlang Schlange, um eine Erstversorgung für ihre Babys zu bekommen.

Hilfe nicht zugelassen :gomad


Die somalische Shabab-Miliz will keine Hilfslieferungen an die hungernden Menschen in den von ihnen kontrollierten Gebieten im Süden des Landes zulassen.

Die von der Miliz bereits verbotenen Organisationen seien dort weiterhin «nicht willkommen», sagte der Rebellensprecher Sheik Ali Mohamud Rage im somalischen Radio. Die Einschätzung der Uno, dass in zwei Gebieten im Süden des Landes eine akute Hungersnot herrsche, wies er zurück.

«Es gibt eine Dürre in Somalia, aber keine Hungersnot», sagte der Rebellensprecher. Die Erklärung der Uno sei «zu 100 Prozent falsch» und «politisch» motiviert. :gomad


Die Miliz hatte Anfang Juli noch erklärt, sie werde angesichts der katastrophalen Lage erstmals seit zwei Jahren wieder internationale Organisationen in Südsomalia zulassen - «ob muslimisch oder nicht-muslimisch», wie es hiess.......

....es ist einfach nicht zu fassen :(:(:(




(http://www.nzz.ch/nachrichten/politik/international/miliz_somalia_hilfslieferungen_1.11564119.html)

lunar
22.07.2011, 14:34
US-Schuldenstreit: Demokraten gegen Obama (http://www.cash.ch/news/front/usschuldenstreit_demokraten_gegen_obama-1059006-449)

http://www.cash.ch/services/img/news/235/6602_%C3%96lpest%5FObama%5Fver%C3%A4rgert.jpg 22.07.11, 13:33

Im US-Schuldenstreit formiert sich im Regierungslager der Demokraten Widerstand gegen Präsident Barack Obama. Die Demokraten befürchten einen unsozialen Deal. mehr » (http://www.cash.ch/news/front/usschuldenstreit_demokraten_gegen_obama-1059006-449)

...also das ist einfach nur noch peinlich :mad um wieder gewählt zu werden kann man ja alles verraten :bad

lunar
22.07.2011, 14:47
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Frontrunning: July 22 (http://www.zerohedge.com/article/frontrunning-july-22-1)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/22/2011 08:24 -0400




Debt talks begin critical phase (Reuters (http://www.reuters.com/article/2011/07/22/us-usa-debt-idUSTRE7646S620110722))
Obama and Boehner Advance Toward Deal to Cut Deficit (WSJ (http://online.wsj.com/article/SB10001424053111903461104576460003775319310.html?mod=googlenews_wsj))
Democrats Balk at Potential U.S. Debt-Limit Deal (Bloomberg (http://www.bloomberg.com/news/2011-07-21/grand-bargain-returns-to-u-s-debt-talks-as-negotiators-open-paths-to-deal.html))
Debt Ceiling Uncertainty Puts States at Risk (NYT (http://www.nytimes.com/2011/07/22/us/politics/22states.html))
Chinese manufacturing set to contract (FT (http://www.ft.com/intl/cms/s/0/3571fdd8-b37e-11e0-b56c-00144feabdc0.html))
Questions on Holdings at the Fed (WSJ (http://online.wsj.com/article/SB10001424053111904233404576460643538406116.html?mod=WSJ_hp_LEFTWhatsNewsCollection))
China Banking Regulator Steps Up Risk Controls on Local Government Loans (Bloomberg (http://www.bloomberg.com/news/2011-07-21/china-will-increase-oversight-of-property-loans-to-curb-risks-cbrc-says.html))
IEA calls halt to emergency oil release (FT (http://www.ft.com/intl/cms/s/0/97e063ec-b39c-11e0-b56c-00144feabdc0.html))
EU leaders agree €109bn Greek bail-out (FT (http://www.ftadviser.com/InvestmentAdviser/Investments/News/article/20110722/717692a4-b431-11e0-a73e-00144f2af8e8/Morning-papers-EU-leaders-agree-109bn-Greek-bailout.jsp))
EU May Accept Greek Default as Crisis Fight Intensifies (Bloomberg (http://www.bloomberg.com/news/2011-07-21/euro-area-leaders-may-accept-greek-default.html))
The Lesser Depression (Krugman (http://www.nytimes.com/2011/07/22/opinion/22krugman.html?_r=1))
Barnier seeks to soothe UK over banks (FT (http://www.zerohedge.com/Barnier%20seeks%20to%20soothe%20UK%20over%20banks))
.


3 comments (http://www.zerohedge.com/article/frontrunning-july-22-1#comments)
Read more (http://www.zerohedge.com/article/frontrunning-july-22-1)
.
http://www.zerohedge.com/sites/default/files/pictures/picture-41733.jpg
by malikai
on Fri, 07/22/2011 - 08:34
#1480012 (http://www.zerohedge.com/article/frontrunning-july-22-1#comment-1480012)
Regarding the US debt ceiling circle-jerk: Who would have thought that you can make so much money watching a fucking soap opera? Never in my dreams.

lunar
22.07.2011, 16:10
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg
Updated: Bomb Explodes At Oslo Building Housing Prime Minister's Office (http://www.zerohedge.com/article/bomb-explodes-oslo-building-housing-prime-ministers-office)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/22/2011 09:38 -0400

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/_SCC-AIPub_G-Titte_1514824x.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/_SCC-AIPub_G-Titte_1514824x.jpg)

Just out from Reuters:


OSLO EXPLOSION BLOWS OUT MOST WINDOWS OF GOVERNMENT BUILDING HOUSING PRIME MINISTER'S OFFICE-REUTERS WITNESS
Several people injured in explosion at Norwegian Government building in central Oslo

more as we get it


85 comments (http://www.zerohedge.com/article/bomb-explodes-oslo-building-housing-prime-ministers-office#comments)
.
+++ EILMELDUNG +++

Explosion erschüttert Zentrum von Oslo (http://www.spiegel.de/politik/ausland/0,1518,776002,00.html)

Bei einer schweren Explosion in der norwegischen Hauptstadt Oslo sind mehrere Häuser beschädigt worden. Laut Nachrichtenagentur Reuters wurden Regierungsgebäude getroffen - auch das Büro des Ministerpräsidenten. Es soll mehrere Verletzte geben. mehr... (http://www.spiegel.de/politik/ausland/0,1518,776002,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40350) ]

lunar
22.07.2011, 16:41
Krieg in Libyen

Rebellen greifen Gaddafis Spitzenleute an (http://www.spiegel.de/politik/ausland/0,1518,775882,00.html)

Diktator Gaddafi gibt Durchhalteparolen aus - doch er gerät immer stärker unter Druck: Die libyschen Rebellen sind nach eigenen Angaben jetzt bis in die Hauptstadt Tripolis vorgedrungen. Dort soll ihnen ein Schlag gegen hohe Regime-Funktionäre gelungen sein. mehr... (http://www.spiegel.de/politik/ausland/0,1518,775882,00.html) [ Video (http://www.spiegel.de/video/video-1139469.html) | Forum (http://forum.spiegel.de/showthread.php?t=40337) ]


***********************************************

Gaddafi rules out talks with Libya rebels
Assertion comes as rebels say they have captured one of Gaddafi's most important commanders on their way to Zliten.

Last Modified: 22 Jul 2011 00:03

Video - Oil Production at a Standstill
http://english.aljazeera.net/news/africa/2011/07/2011721232433682725.html

lunar
22.07.2011, 16:50
'A CUTTHROAT BUSINESS' (http://www.huffingtonpost.com/2011/07/22/wall-street-layoffs_n_906364.html)
As Layoffs Hit Wall Street, Lowest-Paid Workers Fall First (http://www.huffingtonpost.com/2011/07/22/wall-street-layoffs_n_906364.html?1311328766)
http://i.huffpost.com/gen/313246/thumbs/r-WALL-STREET-LAYOFFS-huge.jpg (http://www.huffingtonpost.com/2011/07/22/wall-street-layoffs_n_906364.html)







Comments (935) (http://www.huffingtonpost.com/2011/07/22/wall-street-layoffs_n_906364.html#comments)
| Financial Crisis (http://www.huffingtonpost.com/news/wall-street)
.
Cameron Hoppe (http://www.huffingtonpost.com/social/Cameron_Hoppe?action=comments) Where's your evidence?
123 Fans (http://www.huffingtonpost.com/social/Cameron_Hoppe)
0 minute ago (10:43 AM)
For all the reasons the article lists it doesn't get to the real underlying causes. Wall Street employment is a tournament system just like acting, profession*al sports and journalism*. It doesn't take any particular special talent to work at or run a financial firm any more than it does to write informativ*e articles or play an exciting game of football or basketball*. It becomes a matter of connection*s, name recognitio*n, personal image.
My second thought is that any year in which one earns more than the median salary in his or her industry he or she should treat every dollar above that median as a windfall. Use it to pay off debts, save for much later, or take a long-plann*ed trip. The 180000 a year IT guy should have expected his wages to revert back to the 70-80k a year range and planned for it. No offense.

Nancy Garriott (http://www.huffingtonpost.com/social/Nancy_Garriott?action=comments)
5 Fans (http://www.huffingtonpost.com/social/Nancy_Garriott)
1 minute ago (10:42 AM)
For a place that's supposed to be all about business, how is it a good business practice to lay off the lowest paid workers who usually do the most work? You always get more bang for your buck from the new employees. So either they had too many hired to begin with, or this has nothing to do with the faltering economy and everything to do with those at the top of the food chain gobbling up as much for themselves as possible. How sick is that. No wonder the economy is in trouble.

lunar
22.07.2011, 17:14
**China's Scam: This is a weird story from China, but it is more proof our belief that China is a scam is dead-on accurate.

China has long ridden the back of American ingenuity. It pirates everything from software to dashboard gauges.

Even we had no idea it had gotten this bad -- fake Apple stores.

The storefronts, with their logos, banners and campy layouts look real. Even many of the employees thought their boss was Steve Jobs.

But it's all a lie. Apple has just four stores in China -- two in Beijing and two in Shanghai. There are no authorized shops in Kunming, yet shoppers think they have their choice of three... all fake.

"It looked like an Apple store. It had the classic Apple store winding staircase and weird upstairs sitting area. The employees were even wearing those blue T-shirts with the chunky Apple name tags around their necks," says an anonymous Chinese blogger.

"But some things were just not right: the stairs were poorly made. The walls hadn't been painted properly. Apple never writes 'Apple Store' on its signs -- it just puts up the glowing, iconic fruit."

The fact that these "companies" get away with this fraud is more proof China's government is not all it says it is. There are massive problems facing the country. Most of them stem from the idea that it's all fake.

A fake economy. A fake stock market. A fake real estate boom. Even fake iPods.

This is exactly what Justice Litle meant when he recently wrote, "The world's most dangerous bubble is about to burst."

China is in trouble. It's an economic scam.

Your man on the Inside (...ist ein bezahlter Brief)

:gruebel :confused :rolleyes :schwitz

lunar
22.07.2011, 18:03
22 July 2011

The US Deficit Crisis Debate In Pictures (http://jessescrossroadscafe.blogspot.com/2011/07/us-deficit-crisis-debate-in-pictures.html)

http://1.bp.blogspot.com/-fxMyjoyyySI/TimIEKMagDI/AAAAAAAARUM/QFi6a2FsaTk/s640/TMW2011-07-20colorlowres.jpg (http://1.bp.blogspot.com/-fxMyjoyyySI/TimIEKMagDI/AAAAAAAARUM/QFi6a2FsaTk/s1600/TMW2011-07-20colorlowres.jpg)


Posted by Jesse at 10:24 AM (http://jessescrossroadscafe.blogspot.com/2011/07/us-deficit-crisis-debate-in-pictures.html) :verbeug

lunar
22.07.2011, 18:13
kkFYUP3aKbU&feature

News-Ticker

Zwei Tote und 15 Verletzte bei Bombenexplosion in Oslo (http://www.tagesanzeiger.ch/panorama/vermischtes/Zwei-Tote-und-15-Verletzte-bei-Bombenexplosion-in-Oslo/story/26070029)

http://files.newsnetz.ch/story/2/6/0/26070029/79/teaserbreit.jpg?1311351103 (http://www.tagesanzeiger.ch/panorama/vermischtes/Zwei-Tote-und-15-Verletzte-bei-Bombenexplosion-in-Oslo/story/26070029) Bei einer Explosion ist das Büro des norwegischen Ministerpräsidenten schwer beschädigt worden. Mehrere Menschen sind nach ersten Meldungen ums Leben gekommen. Mehr... (http://www.tagesanzeiger.ch/panorama/vermischtes/Zwei-Tote-und-15-Verletzte-bei-Bombenexplosion-in-Oslo/story/26070029)

Aktualisiert vor 1 Minute



Explosion im Zentrum von Oslo (http://Explosion%20im%20Zentrum%20von%20Oslo)

«Die Polizei ist mit der Evakuierung des Stadtzentrums beschäftigt» (http://www.tagesanzeiger.ch/ausland/europa/Die-Polizei-ist-mit-der-Evakuierung-des-Stadtzentrums-beschaeftigt/story/28607944)

http://files.newsnetz.ch/story/2/8/6/28607944/19/teasersmall16x9.jpg?1311351103 (http://www.tagesanzeiger.ch/ausland/europa/Die-Polizei-ist-mit-der-Evakuierung-des-Stadtzentrums-beschaeftigt/story/28607944) In Oslo herrscht nach gewaltigen Explosionen der Ausnahmezustand. Skandinavien-Korrespondent Bruno Kaufmann verfolgt norwegische TV- und Radio-Sender. Wird bereits über die Hintergründe spekuliert? Mehr... (http://www.tagesanzeiger.ch/ausland/europa/Die-Polizei-ist-mit-der-Evakuierung-des-Stadtzentrums-beschaeftigt/story/28607944)

Von Matthias Chapman (http://www.tagesanzeiger.ch/stichwort/autor/matthias-chapman/s.html). Aktualisiert um 17:01 Uhr

lunar
22.07.2011, 19:05
Heat Wave Bakes Eastern U.S. (http://www.huffingtonpost.com/2011/07/22/heat-wave-bakes-eastern-us_n_906555.html)

States Cut Programs Helping Families Pay Electric Bills (http://www.huffingtonpost.com/2011/07/21/heat-wave-2011-states-cut-programs-electric-bills_n_906263.html?) :rolleyes

Comments (http://www.huffingtonpost.com/2011/07/22/heat-wave-bakes-eastern-us_n_906555.html#comments)

http://i.huffpost.com/profiles/257814.png?20110507225009 (http://www.huffingtonpost.com/social/dasunx?action=comments) dasunx (http://www.huffingtonpost.com/social/dasunx?action=comments) Spend What You Have, Not What You Don't Have....
276 Fans (http://www.huffingtonpost.com/social/dasunx)
2 minutes ago (12:55 PM)
You really have to wonder why when the government needs to try and make a point they always attack and make those who are less fortunate pay the price.....*..... The Government really has lots of money.


http://i.huffpost.com/profiles/1564536.png?20110621203014 (http://www.huffingtonpost.com/social/Ben_Winslow?action=comments) Ben Winslow (http://www.huffingtonpost.com/social/Ben_Winslow?action=comments) Please hold my kite while I post.
413 Fans (http://www.huffingtonpost.com/social/Ben_Winslow)
13 minutes ago (12:44 PM)
Families working and not reaching the poverty threshold.*.........n*ow have heating assistance eliminated and are forced to live in 100 degree homes. The rich keep piling up their tax break booty's in the Cayman's. Justice American Style! Wlecome to the New-Nited States.

lunar
22.07.2011, 21:56
Wirtschaft: 22. Juli 2011, 20:54

Kassandrarufe von der Deutschen Bundesbank (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/kassandrarufe_von_der_deutschen_bundesbank_1.11574147.html)

Abschied von der Haushaltdisziplin – EU wird zur Transferunion

(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/kassandrarufe_von_der_deutschen_bundesbank_1.11574147.html)ens Weidmann, der Präsident der Deutschen Bundesbank, kritisiert das neue Rettungspaket für Griechenland heftig. Er befürchtet eine weitere Aufweichung der Haushaltsdisziplin in Europa und langfristigen Schaden für den Währungsraum.

(Reuters) Die Beschlüsse des Euro-Gipfels haben einen Aufschrei der Bundesbank ausgelöst. Deren Präsident Jens Weidmann warnte am Freitagabend in scharfen Worten vor einem langfristigen Schaden für den Währungsraum. Er räumte zwar ein, dass die Vereinbarung der Euro-Staaten für neue Griechenland-Hilfen zunächst für Ruhe an den Märkten sorgen dürfte. Seinen Worten zufolge wurde beim Brüsseler Treffen aber die Tür geöffnet für eine von Deutschland bislang vehement abgelehnte Transferunion und eine Aufweichung der Haushaltsdisziplin in Europa.

«Indem umfangreiche zusätzliche Risiken auf die Hilfe leistenden Länder und deren Steuerzahler verlagert werden, hat der Euro-Raum aber einen grossen Schritt hin zu einer Vergemeinschaftung von Risiken im Falle unsolider Staatsfinanzen und gesamtwirtschaftlicher Fehlentwicklungen gemacht», kritisierte er in einer Erklärung, die per E-mail verbreitet wurde. «Dies schwächt die Grundlagen der auf fiskalischer Eigenverantwortung bauenden Währungsunion. Künftig wird es noch schwieriger, die Anreize für solide Finanzpolitiken aufrechtzuerhalten», bemängelte Weidmann. Weidmann begrüsste zugleich, dass zumindest einige Bedenken der Notenbanken bei dem Hilfspaket berücksichtigt worden seien.......

:rolleyes




(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/kassandrarufe_von_der_deutschen_bundesbank_1.11574147.html)

lunar
22.07.2011, 22:01
News-Ticker

Berichte über 27 Tote nach Detonation und Anschlag auf Camp (http://www.tagesanzeiger.ch/ausland/europa/Berichte-ueber-27-Tote-nach-Detonation-und-Anschlag-auf-Camp/story/26070029)

http://files.newsnetz.ch/story/2/6/0/26070029/141/teaserbreit.jpg?1311364706 (http://www.tagesanzeiger.ch/ausland/europa/Berichte-ueber-27-Tote-nach-Detonation-und-Anschlag-auf-Camp/story/26070029) Nach dem schweren Bombenanschlag in Oslo folgte ein bewaffneter Angriff auf ein Jugendtreffen auf einer Insel. Allein dort starben laut Presseberichten mindestens 20 Menschen. Premier Stoltenberg verspricht eine «entschlossene Reaktion». Mehr... (http://www.tagesanzeiger.ch/ausland/europa/Berichte-ueber-27-Tote-nach-Detonation-und-Anschlag-auf-Camp/story/26070029)
Aktualisiert vor 1 Minute




Explosion im Zentrum von Oslo (http://Explosion%20im%20Zentrum%20von%20Oslo)
.
.
*********************************************

Verhafteter als Bindeglied zwischen beiden Attentaten? (http://www.tagesanzeiger.ch/ausland/europa/Verhafteter-als-Bindeglied-zwischen-beiden-Attentaten/story/28606779)

http://files.newsnetz.ch/story/2/8/6/28606779/6/teasersmall16x9.jpg?1311364706 (http://www.tagesanzeiger.ch/ausland/europa/Verhafteter-als-Bindeglied-zwischen-beiden-Attentaten/story/28606779) Ein Verdächtiger, der nach der Schiesserei in einem norwegischen Jugendlager festgenommen wurde, steht nach Angaben der Polizei vermutlich mit dem Bombenanschlag auf den Osloer Regierungssitz in Verbindung. Mehr... (http://www.tagesanzeiger.ch/ausland/europa/Verhafteter-als-Bindeglied-zwischen-beiden-Attentaten/story/28606779)
Aktualisiert vor 7 Minuten

lunar
22.07.2011, 22:19
Peter S. Goodman (http://www.huffingtonpost.com/peter-s-goodman) World's Fate Now In the Hands Of Unreliable Credit Agencies (http://www.huffingtonpost.com/2011/07/22/credit-rating-agencies-debt-ceiling-greece_n_907006.html)

http://i.huffpost.com/gen/313510/thumbs/s-CREDIT-RATINGS-AGENCIES-large300.jpg (http://www.huffingtonpost.com/2011/07/22/credit-rating-agencies-debt-ceiling-greece_n_907006.html)
If global finance were anything like the rest of life, no one would be paying much mind to the credit rating agencies, who have been revealed to operate with about as much discretion as a corner streetwalker. Yet, in a moment that now feels as laden with danger as any since the financial crisis of three years ago, the credit rating agencies get to decide whether the world blows up......


TheSwaf (http://www.huffingtonpost.com/social/TheSwaf?action=comments)
19 Fans (http://www.huffingtonpost.com/social/TheSwaf)
0 minute ago (4:10 PM)
This is what happens when you privatize the government*, run it into the ground like a business and have a system where rich/mega corps turn our republic into a corporatac*racy by which they pay for puppets to be the heads of government*. Elections are won by money and who are you given a choice from, a couple guys that are both put into cadidacy by the rich and powerfull. Your choice is not really a choice if the two things you have to choose from is ultimatly similar.

Ponderus (http://www.huffingtonpost.com/social/Ponderus?action=comments) Enriched with lanolin.
1617 Fans (http://www.huffingtonpost.com/social/Ponderus)
3 minutes ago (4:07 PM)
This is what happens when a tiny minority of people control the wealth of nations: collapse.

baileywick (http://www.huffingtonpost.com/social/baileywick?action=comments)
536 Fans (http://www.huffingtonpost.com/social/baileywick)
1 minute ago (4:09 PM)
I bet Eric Cantor and the elitist right is going to cash in on this.

lunar
23.07.2011, 09:59
The Trap: James Goldsmith on GATT and the Consequences of Multinationalism and Policy Failures (http://jessescrossroadscafe.blogspot.com/2011/07/trap-sir-james-goldsmith-on-gatt.html)



This interview was done in 1994, when Bill Clinton was promoting free trade and multinationalism, but had not yet made a deal with China to allow them to devalue their currency and then receive favored nation status.

You can decide for yourself, with the benefit of retrospect, the value of the arguments presented.

http://2.bp.blogspot.com/-7xaEkONsxJA/Tim7RHUQufI/AAAAAAAARUk/f-jJzVHFo0c/s400/continuumsocial.PNG (http://2.bp.blogspot.com/-7xaEkONsxJA/Tim7RHUQufI/AAAAAAAARUk/f-jJzVHFo0c/s1600/continuumsocial.PNG)
"Free trade" as defined by neo-liberal policies is a leveling tool that creates a few big winners and many more big losers, and reduces the middle class to the lowest common denominator of indentured servitude.

The goal of multinationalism is to destroy local government, choice, and sovereignty, through financial and military means. The will to power cuts across diverse forms of government, because of its attitude of the power of the few and the worth of the many. It defines what is 'human' to suit its needs of the moment.

The primary problem with unregulated trade, not considered within the context of overall social and public policy, is that it becomes a natural weapon for oligarchies and multinationals to use against local and regional government and public policy decisions, taxation, environmental laws, human rights. It is a major stepping stone to world government. There is a recurring movement among the powerful to bring the world under their control. It is the natural extension of their greed for power. There is never 'enough.' Sociopathic greed is a disease, and it sows the seeds of its own destruction. Always.

And this is why idealistic models of unregulated free market economics fall apart in practice, always.

Trade *could* be used to uplift the developing world, if it was accompanied by local reforms and progressive public policy, but in practice is most often used to create a huge social divide in the developed countries, and promote a return to a feudalistic political structure. Rather than uplift, it reduces the world to the least common denominator of quality of life and freedom.

One of the most significant problems is mercantilism, employed by oligarchic countries and multinational corporations, within the context of a fiat currency system wherein they are relatively free to short circuit all the market mechanisms that would prevent a few countries from creating enormous trade imbalances in a partnership with powerful elites and the privileged around the world.

Macro-economics has never been a pure science, but is often represented as such by those who are promoting theories that are purely political, cloaking them in false objectivity. Macro-economics is a social science, more like sociology than physics. In reality it is a subset of public policy discussions, highly slanted to ends and assumptions, attitudes and points of view about what is 'good' and valuable rather than what is a hard and replicable principles of nature, objectively true based on some endurable physical law.

So for example, if someone were to come out and say, "I think we should adopt the social structure of a nation and form of government your father spent much of their lives fighting and dying, where you give up most of your wealth and freedom to serve the powerful few who run the state," there would be a general uprising. But if the proposition is structured as the logical consequence of 'hard economic choices,' and a serious of crises, people can be led off the cliff, a few steps at a time."The liberties of our country, the freedoms of our civil Constitution are worth defending at all hazards; it is our duty to defend them against all attacks. We have received them as a fair inheritance from our worthy ancestors. They purchased them for us with toil and danger and expense of treasure and blood. It will bring a mark of everlasting infamy on the present generation – enlightened as it is – if we should suffer them to be wrested from us by violence without a struggle, or to be cheated out of them by the artifices of designing men."

Samuel AdamsIf this trend continues, I would imagine the next step is civil unrest, and political crises that will be used to tighten the control over the public in the 'free countries,' and repress them for their own safety. We are seeing this now in the Anglo-American client states and unpopular dictatorships overseas.

Most men are easily fooled, entrapped by their emotions, easily herded by clever arguments and the dialectic of false enemies. It is only when they step back, and look at what is happening, who benefits and who is above the law, that they begin to realize the truth. But they will not do this for quite some time, because to do so is to admit that they have been fools.

How sad that the heirs to the 'greatest generation,' almost surely the most privileged generation in history, have in their excess become selfish, petty, and cruel.

The corollary of a few "Too Big To Fail" is that there are many individuals and small businesses who become "Too Small To Care" and then "Too Weak To Survive."

And so the weak and the undesirable are eliminated, first slowly and then with growing efficiency, for the good of the chosen few, the ubermensch, however a society chooses to define it.

Does this sound *conspiratorial* and outlandish? Check back in another ten years, and let me know how you and your children are doing. There was a budget surplus in the 1990's. And now the nation is throwing the middle class and the weak under the bus for the sake of the financial sector and the wealthy.

Once a single global currency is achieved, it is the end game for freedom for all but a few. Those who imagine that they are part of the few are all for this, although they are sadly mistaken. The few view them as useful idiots, disposable, and prey.

What the few themselves may not yet realize is that tyrants and empires tend, almost inevitably, to fall in disgrace, blinded and betrayed by the will to power, overcome by the love of freedom and the tide of history. So there is hope. But sometimes hope can become a distant memory, and freedom regained only by significant pain and loss of life, once you have released it from your grasp."When I despair, I remember that all through history the ways of truth and love have always won. There have been tyrants, and murderers, and for a time they can seem invincible, but in the end they always fall. Think of it--always.

Mohandas K. Gandhi
Posted by Jesse at 12:46 PM (http://jessescrossroadscafe.blogspot.com/2011/07/trap-sir-james-goldsmith-on-gatt.html) :verbeug

lunar
23.07.2011, 10:06
SP 500 and NDX Futures Daily Charts - Interesting Times Ahead (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-ndx-futures-daily-charts_22.html)

Markets were shocked when CAT came in light on earnings this morning despite posting a healthy 37 percent increase in revenue. The profit shortfall was attributed to "inflation in raw materials and labor." Of course there was no inflation in that revenue right? I wonder if they are having trouble hedging their forex exposure again.

Markets are coiling for moves which may be large based on the resolution of the US budget impasse, one way or the other.

I think it is theater, but it is not impossible that the players might accidentally stumble over a cliff. More likely the can will be kicked down road-wise, and both sides will claim victory, although the Dems will eat crow served up by that rascally Uncle Obama. How come he never betrays the money men? Oh, dumb question, never mind.

However, out of all this, I think a credible challenge to Obama is shaping up for the elections next year, and not from the extruded corporate man, Mitt Romney, or the banjo-playing daisy mae's Palin and Bachmann.

The fat cats were begging Chris Christie to run, but he knows he is over his head as it is and the skeletons in his closet might not survive national exposure. There is Perry of course, but that strawman needs a brain like Karl Rove to pull it off.

The O-Man talks a great game, and he might pull it off again, but this time he is burdened with a track record that does not match his words.

No I think we will see a dark horse candidate, maybe a third party or even a Democrat primary challenge, take Obama on. And he has no one to blame but himself. He will most likely cry all the way to the bank, following young Timmy to Wall Street in some capacity. I think he has blown his chance to be the greeter at Wynn's Las Vegas.

http://4.bp.blogspot.com/-mnucBOC9DT4/TindyRLOTuI/AAAAAAAARUo/H4J4bCrrwSQ/s640/spfutuesdaily6.PNG (http://4.bp.blogspot.com/-mnucBOC9DT4/TindyRLOTuI/AAAAAAAARUo/H4J4bCrrwSQ/s1600/spfutuesdaily6.PNG)

http://4.bp.blogspot.com/-kTYYJlkh8t8/TindzfnEmSI/AAAAAAAARUs/2Xc0Orl2Qv8/s640/ndxdaily6.PNG (http://4.bp.blogspot.com/-kTYYJlkh8t8/TindzfnEmSI/AAAAAAAARUs/2Xc0Orl2Qv8/s1600/ndxdaily6.PNG)


Posted by Jesse at 4:36 PM (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-ndx-futures-daily-charts_22.html) :verbeug

lunar
23.07.2011, 10:07
22 July 2011

Gold Daily and Silver Weekly Charts - Options Expiry on the Comex - Porcus Interruptus (http://jessescrossroadscafe.blogspot.com/2011/07/gold-daily-and-silver-weekly-charts_22.html)




http://3.bp.blogspot.com/-bDEsX_W93DI/Tionc5R8OTI/AAAAAAAARVA/qRuyUJCcElw/s320/bernundbutt.JPG (http://3.bp.blogspot.com/-bDEsX_W93DI/Tionc5R8OTI/AAAAAAAARVA/qRuyUJCcElw/s1600/bernundbutt.JPG)


As the old WW I ballad said, "I don't know where we're going, but we're on our way.""Goodbye everybody I'm off to fight the foe
Uncle Sammy is calling me so I must go
Gee I'm feeling fine don't you wish that you were me?
For I'm sailing tomorrow over the deep blue sea.

And I don't know where I'm going but I'm on my way
For I belong to the regulars I'm proud to say
And I'll do my duty night or day
I don't know where I'm going but I'm on my way." Boehner Pulls Out of Debt Talks (http://economistsview.typepad.com/economistsview/2011/07/boehner-pulls-out-of-talks-to-raise-debt-ceiling.html) - Economist's View

Although a complete failure is not likely, the drama queens, carnies, and thespians in Washington may take the budget deficit talks down to the wire to deeply impress the yokels and the locals of the seriousness of the situation, and be duly grateful that it is in the hands of major players.

Have you noticed a tendency amongst the pigmen to threaten dire consequences and annihilation whenever they are running a bluff and wish to get their way? These financial fellows and their minions have issued more threats and ultimatums in the last few years than al Qaeda.

While they are dancing on the edge of a precipice, it is possible that they could slip and fall. However, since no one in their right mind really wishes to see a default, except perhaps for a few delusional political opportunists and talk show Bonapartes, perhaps cooler heads will prevail. There are however, the ever present carrion feeders and sociopaths from Wall Street, who would benefit from any economic crisis, and would do so gladly no matter the pain endured by others.

Beside political campaign reform, it appears as though Washington is badly in need of adult supervision.

Posted by Jesse at 4:36 PM (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-ndx-futures-daily-charts_22.html) :verbeug

lunar
23.07.2011, 10:10
Ein Land unter Schock

Mehr als 90 Tote nach Doppelanschlag in Norwegen (http://www.spiegel.de/politik/ausland/0,1518,776075,00.html)

http://www.spiegel.de/images/image-240536-breitwandaufmacher-hgsq.jpg (http://www.spiegel.de/politik/ausland/0,1518,776075,00.html) http://www.spiegel.de/static/sys/v9/buttons/but_foto.png (http://www.spiegel.de/fotostrecke/fotostrecke-70738.html)

AFP




Die Terroranschläge in Norwegen haben weit mehr Opfer gefordert als zunächst angenommen: 84 Menschen starben nach Angaben der Polizei bei einer Schießerei in einem Jugendcamp, sieben bei einem Bombenanschlag im Regierungsviertel. Der mutmaßliche Attentäter wurde festgenommen. mehr... (http://www.spiegel.de/politik/ausland/0,1518,776075,00.html) [ Video (http://www.spiegel.de/video/video-1139667.html) | Forum (http://forum.spiegel.de/showthread.php?t=40380) ]

lunar
23.07.2011, 10:17
IT'S A WALK OUT (http://www.huffingtonpost.com/2011/07/22/obama-debt-ceiling-talks-boehner_n_907502.html)
DEBT TALKS COLLAPSE AFTER BOEHNER CUTS OFF NEGOTIATIONS (http://www.huffingtonpost.com/2011/07/22/obama-debt-ceiling-talks-boehner_n_907502.html)
http://i.huffpost.com/gen/313846/thumbs/r-OBAMA-BOEHNER-DEBT-CEILING-huge.jpg (http://www.huffingtonpost.com/2011/07/22/obama-debt-ceiling-talks-boehner_n_907502.html)

WASHINGTON -- Social Security and Medicare may have been saved by the Tea Party's refusal to accept President Barack Obama's "grand bargain."

On Friday evening, Speaker John Boehner (R-Ohio) walked away from the latest offer on the table by Obama, who is now summoning congressional leaders back to the White House on Saturday to figure out an eleventh-hour plan. The most viable option left for addressing the debt crisis, crafted by a bipartisan pair of Senate leaders, calls for much smaller cuts than the ones the president was willing to make........


Speaker Likens White House To Jell-O.. (http://www.huffingtonpost.com/2011/07/22/debt-ceiling-talks-collapse_n_907446.html) Obama: 'We've Run Out Of Time' (http://www.huffingtonpost.com/2011/07/22/debt-ceiling-talks-collapse_n_907446.html)
Governors Warn Washington.. (http://www.huffingtonpost.com/2011/07/22/debt-ceiling-states-governors_n_906548.html) 'It'd Be An Embarrassment For U.S. To Default' (http://www.huffingtonpost.com/2011/07/16/debt-ceiling-deal-urged-b_n_900818.html)




Comments (http://www.huffingtonpost.com/2011/07/22/obama-debt-ceiling-talks-boehner_n_907502.html#comments)
| Barack Obama (http://www.huffingtonpost.com/news/barack-obama)
.
.


http://i.huffpost.com/profiles/1458743.png?20110209093830 (http://www.huffingtonpost.com/social/JimNast?action=comments) JimNast (http://www.huffingtonpost.com/social/JimNast?action=comments) Big hat - Noooo cattle!
264 Fans (http://www.huffingtonpost.com/social/JimNast)
2 minutes ago (4:09 AM)
Congratula*tions Mr. Speaker - you walked out. What is the take away? What image have you left with the American people at the end of this day? That you were steadfast against any raise in taxes? That revenues cannot be increased? That only Republic Party administra*tions are allowed to grow big government*? That the Obama administra*tion will not be allowed to balance a budget thrown incredibly out of whack by George W. Bush? That the U.S. will default on bills that your congress has already rung up? That seems like an terribly slippery slope on which to base your legacy, Mr. Speaker... now how about putting the country first?

lunar
23.07.2011, 10:28
Iran execution angers rights groups (http://www.guardian.co.uk/world/2011/jul/22/iran-public-execution-human-rights) :gomad

http://static.guim.co.uk/sys-images/Guardian/About/General/2011/7/22/1311352509278/Sakineh-Mohammadi-Ashtian-003.jpg (http://www.guardian.co.uk/world/2011/jul/22/iran-public-execution-human-rights) Footage shows 'disturbing normality' of public executions with convicts hanged from bridge in front of crowds, including children

lunar
23.07.2011, 10:30
«Er kam aus dem Nichts» (http://www.tagesanzeiger.ch/ausland/europa/Er-kam-aus-dem-Nichts/story/28606779)

http://files.newsnetz.ch/story/2/8/6/28606779/54/teasersmall16x9.jpg?1311409373 (http://www.tagesanzeiger.ch/ausland/europa/Er-kam-aus-dem-Nichts/story/28606779) Der Verdächtige des Massakers in Oslo gibt der Polizei weiter Rätsel auf. Angeblich soll der 32-Jährige seine Opfer in einen Hinterhalt gelockt haben. Mehr... (http://www.tagesanzeiger.ch/ausland/europa/Er-kam-aus-dem-Nichts/story/28606779)

Aktualisiert vor 6 Minuten 5 Kommentare (http://www.tagesanzeiger.ch/ausland/europa/Er-kam-aus-dem-Nichts/story/28606779#kommentar) Update folgt...

lunar
23.07.2011, 10:33
http://www.spiegel.de/images/image-240546-thumb-nhxp.jpg (http://www.spiegel.de/politik/ausland/0,1518,776076,00.html) Mutmaßlicher Attentäter

Blond, blauäugig, skrupellos (http://www.spiegel.de/politik/ausland/0,1518,776076,00.html)

Er ist konservativ, christlich, nationalistisch - und hat einen Waffenschein für eine Glock-Pistole und ein automatisches Gewehr. Nur wenige Stunden nach den verheerenden Anschlägen in Oslo und in einem Zeltlager auf der Insel Utøya steht die Identität des mutmaßlichen Attentäters fest. Von Gerald Traufetter, Oslo mehr... (http://www.spiegel.de/politik/ausland/0,1518,776076,00.html) [ Video (http://www.spiegel.de/video/video-1139667.html) | Forum (http://forum.spiegel.de/showthread.php?t=40381) ]

lunar
23.07.2011, 10:39
Happy Birthday! The Daily Show Turns 15 (http://www.aoltv.com/2011/07/22/15-things-we-love-about-the-daily-show/)

http://i.huffpost.com/gen/313478/thumbs/s-JON-STEWART-large300.jpg (http://www.aoltv.com/2011/07/22/15-things-we-love-about-the-daily-show/)


Comments (http://www.huffingtonpost.com/2011/07/22/daily-show-15th-birthday-things-we-love_n_907068.html#comments)
| (http://www.huffingtonpost.com/news/television) Television (http://www.huffingtonpost.com/news/television)

lunar
23.07.2011, 13:21
Jamie Dimon ..(helped cause the problem ,but wants to get paid anyway) (http://goldtent.org/?p=76530)

-> Posted by Ororeef @ 5:57 am on July 23, 2011
Bailed-Out Chase CEO Dimon: People Should Pay Mortgages “Even If They’re Underwater”

Huffington Post/CNBC | Marcus Baram | February 19, 2009 12:21 AM
I Like ItI Don’t Like It
Read More: Chase Ceo, Chase Ceo Jamie Dimon, Jamie Dimon, Jamie Dimon CNBC, Jamie Dimon CNBC Interview, Jamie Dimon Mortgages, Jamie Dimon On Cnbc, Jamie Dimon On Foreclosures,

Chase CEO Jamie Dimon, whose bank received $25 billion in bailout funds from the government, refused to tell CNBC anchor Melissa Francis how the bank is performing this quarter.

“Can you tell me how this quarter is doing for JPMorgan?” Francis asked.

Dimon’s brief response: “I can’t.”

Last October, Dimon was a little more explicit on an earnings conference call:

“I would be shocked if we make lots of money one of these quarters, anyway.” Dimon says they’re watching investment-banking clients carefully.

Asked for his thoughts about Obama’s housing plan, Dimon praised the plan, saying that it was “really elegantly done and really well-designed,” adding that JPMorganChase alone will modify over 600,000 loans.

But he took a tough attitude towards home owners behind on their payments:

“I don’t think just because someone’s underwater they say I don’t have to stay there. But they’re supposed to pay the mortgage, and we should teach the American people, you’re supposed to meet your obligations, not run from them. Because you have a mortgage doesn’t mean you should run away as it goes down.”


:oo

lunar
24.07.2011, 09:29
http://www.nzz.ch/images/oslo_anschlaege_kirche_small_1.11584692.1311424496.jpg (http://www.nzz.ch/nachrichten/politik/international/das_paradies_hat_sich_zur_hoelle_verwandelt_1.11584636.html) «Das Paradies hat sich zur Hölle verwandelt»

«Eine nationale Tragödie ist geschehen, ein Albtraum, der nicht zu begreifen ist», versuchte Regierungschef Jens Stoltenberg die unfassbaren Geschehnisse vom 22. Juli 2011 am Samstagmorgen in Worte zu fassen. ...
(http://www.nzz.ch/nachrichten/politik/international/das_paradies_hat_sich_zur_hoelle_verwandelt_1.11584636.html)

Anschläge in Norwegen: Fassungslosigkeit in Europa (http://www.nzz.ch/nachrichten/politik/international/fassungslosigkeit_in_europa_1.11575013.html)
.
.
**********************************************
«Es war schwierig, an ein Boot heranzukommen.» (http://www.tagesanzeiger.ch/ausland/terror-in-norwegen/Es-war-schwierig-an-ein-Boot-heranzukommen-/story/26070029?dossier_id=996)

http://files.newsnetz.ch/story/2/6/0/26070029/345/teaserbreit.jpg?1311492274 (http://www.tagesanzeiger.ch/ausland/terror-in-norwegen/Es-war-schwierig-an-ein-Boot-heranzukommen-/story/26070029?dossier_id=996) Beim Massaker in einem norwegischen Sommerlager für Jugendliche auf der Insel Utøya sind 85 Menschen ums Leben gekommen. Offenbar hatte die Polizei Probleme, auf die Insel zu kommen. Mehr... (http://www.tagesanzeiger.ch/ausland/terror-in-norwegen/Es-war-schwierig-an-ein-Boot-heranzukommen-/story/26070029?dossier_id=996)

Aktualisiert vor 3 Minuten 81 Kommentare (http://www.tagesanzeiger.ch/ausland/terror-in-norwegen/Es-war-schwierig-an-ein-Boot-heranzukommen-/story/26070029?dossier_id=996#kommentar) Update folgt...

lunar
24.07.2011, 09:40
Singer Amy Winehouse Found Dead (http://www.huffingtonpost.com/2011/07/23/amy-winehouse-dead-singer_n_907753.html)

http://i.huffpost.com/gen/313974/thumbs/s-AMY-WINEHOUSE-large300.jpg (http://www.huffingtonpost.com/2011/07/23/amy-winehouse-dead-singer_n_907753.html)

PHOTOS: A Look Back At Her Life (http://www.huffingtonpost.com/2011/07/23/amy-winehouse-dead-singer_n_907753.html#s314557&title=Rehab).. WATCH: The Late Singer's Top Performances (http://www.huffingtonpost.com/2011/07/23/amy-winehouse-songs-music-videos_n_907793.html#s314557&title=Rehab)

TJAfLE39ZZ8&feature

KUmZp8pR1uc&feature

......das ist traurig :( so eine tolle Stimme :supi

lunar
24.07.2011, 09:49
http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2011/7/23/1311446859076/Amy-Winehouse-at-Glastonb-001.jpg (http://www.guardian.co.uk/music/2011/jul/23/amy-winehouse-found-dead-27)Amy Winehouse dies aged 27
Singer found dead in London (http://www.guardian.co.uk/music/2011/jul/23/amy-winehouse-found-dead-27)

.....Winehouse was last seen with her goddaughter, Dionne Bromfield, earlier last week when the teenager performed at the iTunes festival.Tributes began to pour in to one of the most celebrated and troubled British artists of recent times. Mark Ronson, who produced Back to Black, said: "She was my musical soulmate and like a sister to me. This is one of the saddest days of my life."

Singer and actress Kelly Osbourne wrote: "i cant even breath right now, im crying so hard i just lost 1 of my best friends. i love you forever Amy & will never forget the real you!"

Rolling Stone Ronnie Wood dedicated his show on Absolute Radio and the reunion performance by his former group the Faces in Hurtwood, Surrey, to Winehouse. "It's a very sad loss of a very good friend I spent many great times with," he said.

Two regulars at Winehouse's local pub, The Hawley Arms in Camden, paid tribute. "Some people might think it shows disrespect to come out drinking tonight but she was such a part of Camden she made it her home and she always got involved," said Mary Gallagher. "Amy even worked behind the bar here. She was such a lovely person and, to be honest, I don't think fame agreed with her. She was an ordinary girl at heart."......

:(

lunar
24.07.2011, 09:56
A RADICAL SOLUTION (http://www.huffingtonpost.com/2011/07/23/super-congress-debt-ceiling_n_907887.html)
Debt Negotiators Move To Create New Legislative Body (http://www.huffingtonpost.com/2011/07/23/super-congress-debt-ceiling_n_907887.html)
http://i.huffpost.com/gen/314087/thumbs/r-DEBT-CEILING-CONGRESS-huge.jpg (http://www.huffingtonpost.com/2011/07/23/super-congress-debt-ceiling_n_907887.html)

WASHINGTON -- Debt ceiling negotiators think they've hit on a solution to address the debt ceiling impasse and the public's unwillingness to let go of benefits such as Medicare and Social Security that have been earned over a lifetime of work: Create a new Congress.

This "Super Congress," composed of members of both chambers and both parties, isn't mentioned anywhere in the Constitution, but would be granted extraordinary new powers. Under a plan put forth by Senate Minority Leader Mitch McConnell (R-Ky.) and his counterpart Majority Leader Harry Reid (D-Nev.), legislation to lift the debt ceiling would be accompanied by the creation of a 12-member panel made up of 12 lawmakers -- six from each chamber and six from each party.....

.....Proponents of slashing spending won't make the same mistake with a new Super Congress. Only a simple majority will be necessary.



Comments (5,178) (http://www.huffingtonpost.com/2011/07/23/super-congress-debt-ceiling_n_907887.html#comments)
| Debt Ceiling (http://www.huffingtonpost.com/news/debt-ceiling)
.
.
OntheBorder (http://www.huffingtonpost.com/social/OntheBorder?action=comments)
224 Fans (http://www.huffingtonpost.com/social/OntheBorder)
0 minute ago (3:48 AM)
Congress has turned in a a government welfare job for people that could not make it in a real job.. No responsabi*lities, no work and great benefits.
.
.....was für eine unwürdige Show :bad

lunar
24.07.2011, 10:03
Massenmord in Norwegen

Attentäter begründet Bluttat mit krudem Menschenhass (http://www.spiegel.de/panorama/justiz/0,1518,776272,00.html)

Kaltblütig tötete Anders B. seine Opfer auf der Insel Utøya und in Oslo. Jetzt rechtfertigt der Attentäter seine Gräueltaten mit wirren Begründungen: Er habe Europa vor "Marxismus und Islamisierung" retten wollen. Kurz vor den Anschlägen verschickte er per E-Mail eine 1516 Seiten starke Schrift......
......B. soll am Montag angeklagt werden. Dann wird ein Gericht darüber entscheiden, ob er während der Dauer der Ermittlungen in Untersuchungshaft bleiben muss. mehr... (http://www.spiegel.de/panorama/justiz/0,1518,776272,00.html) [ Video (http://www.spiegel.de/video/video-1139686.html) | Forum (http://forum.spiegel.de/showthread.php?t=40422) ]


http://www.spiegel.de/static/forum/images/statusicon/post_new.gif (http://forum.spiegel.de/showthread.php?p=8346024#post8346024) Heute, 08:37 #15 (http://forum.spiegel.de/showpost.php?p=8346024&postcount=15) Jenseits aller Vorstellungskraft
Wenn das stimmt...
Zitat:
"B. soll am Montag angeklagt werden. Dann wird ein Gericht darüber entscheiden, ob er während der Dauer der Ermittlungen in Untersuchungshaft bleiben muss."
http://www.spiegel.de/panorama/justi...776272,00.html (http://www.spiegel.de/panorama/justiz/0,1518,776272,00.html)

...ist auch den Norwegern nicht mehr zu helfen! Der Typ ist ein geständiger Massenmörder, aber man weiß nicht: Soll man ihn deshalb sofort einsperren oder nicht? Das ist eine Einladung zur Nachahmung!


.....oder nicht doch lieber in einem 1st class Hotel :dumm sind die noch ganz dicht :confused:gomad

lunar
24.07.2011, 18:10
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Apple Has More Cash Than 38.9% Of The Companies In The S&P Combined (And $413 Billion Less Debt) (http://www.zerohedge.com/article/apple-has-more-cash-389-companies-sp-combined-and-413-billion-less-debt)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/23/2011 - 19:44 Apple (http://www.zerohedge.com/taxonomy/term/3) http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/Apple%20Vs%20S%26P_0.jpg

One last quick comparable chart indicating the unique position of Apple in the stock market: with $76.2 billion in Cash, Short and Long-Term Investments, AAPL has more money in the bank than 38.9% of all S&P 500 (ex financials) companies, combined, or 163 companies in total. These are the companies with the least cash, ST and LT investments, starting at the bottom and going up until one gets to a cumulative number just under that of Apple. And here's the kicker. These same 163 companies have a cumulative of $412 billion in debt against their $76.1 billion in cash. Apple's total debt? $0.00.




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435663+--+From+ZeroHedge:+Apple%20Has%20More%20Cash%20Than%2038.9%%20Of%20The%20Companies%20In%20The%20S&P%20Combined%20%20%28And%20$413%20Billion%20Less%20Debt%29)
Comments: 39 (http://www.zerohedge.com/article/apple-has-more-cash-389-companies-sp-combined-and-413-billion-less-debt#comments)
New Comments:
Reads: 3,377
.
yabyum (http://www.zerohedge.com/users/yabyum) (Total Score:1) http://www.zerohedge.com/sites/all/themes/images/bagicon.png (http://www.zerohedge.com/users/yabyum)
They make a good product, I like it. I buy and use it. Can not say that about the banks et al.

lunar
24.07.2011, 18:14
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Snapshot Update Of US Debt Talks (http://www.zerohedge.com/news/snapshot-update-us-debt-talks)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/24/2011 - 11:45 [/url] Here is where the all too fluid situation is right about now, 8 hours away from the Asian open, courtesy of [url="http://www.reuters.com/article/2011/07/24/us-usa-debt-snap-idUSTRE76M0MY20110724"]Reuters (http://www.zerohedge.com/taxonomy/term/223).



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435678+--+From+ZeroHedge:+Snapshot%20Update%20Of%20US%20Debt%20Talks)
Comments: 21 (http://www.zerohedge.com/news/snapshot-update-us-debt-talks#comments)
New Comments:
Reads: 1,035

lunar
24.07.2011, 18:18
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Guest Post: Two Cracked Political Parties, One Scrambled Nation (http://www.zerohedge.com/news/guest-post-two-cracked-political-parties-one-scrambled-nation)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/24/2011 - 11:47 [/url][url="http://www.zerohedge.com/taxonomy/term/223"] (http://www.zerohedge.com/category/tags/barack-obama) It’s truly illusory for anyone occupying the White House these days to think s/he is the president, the leader of all Americans. In political legalese, maybe; in reality, not the slightest chance… for we are the prototypical major society split between haves and have-nots. And to this day in his presidency, Barack Obama talks and acts clueless as to that irrefutable fact. Although the socioeconomic divide between haves and have-nots is the norm in most nations of the world, how Americans view that condition is quite different from the rest. When have-nots in the United States look in the mirror, the vast majority of them still see themselves as haves, that’s how gullible they have become. Perhaps it has to do with past economic dominance of the US, still lingering in past glory and an unreal sense of nationalism, often promoted by politicians of the two brands as exceptionalism.




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435679+--+From+ZeroHedge:+Guest%20Post:%20Two%20Cracked%20Political%20Parties,%20One%20Scrambled%20Nation)
Comments: 19 (http://www.zerohedge.com/news/guest-post-two-cracked-political-parties-one-scrambled-nation#comments)
New Comments:
Reads: 716

lunar
24.07.2011, 18:35
Home (http://www.zerohedge.com/) » Blogs (http://www.zerohedge.com/blog) » George Washington's blog (http://www.zerohedge.com/blog/7813)

Mainstream Media: Presstitutes for the Rich and Powerful

http://www.zerohedge.com/sites/default/files/pictures/picture-7813.jpg (http://www.zerohedge.com/users/george-washington)
Submitted by George Washington (http://www.zerohedge.com/users/george-washington) on 07/23/2011 12:48 -0400


→Washington’s Blog (http://www.washingtonsblog.com/)

...

i8_FckHV3T8

full story: http://www.zerohedge.com/article/mainstream-media-presstitutes-rich-and-powerful

lunar
24.07.2011, 18:42
HEDGE TREK (Thank You Mr Sac): PLuS DeBT CeiLiNG KuNG Fu! (http://www.zerohedge.com/contributed/hedge-trek-thank-you-mr-sac)
.




Posted by: williambanzai7 (http://www.zerohedge.com/users/williambanzai7)



Post date: 07/24/2011 - 00:13



"I'll not have you tampering with this delicate user interface!

Hoka
25.07.2011, 02:34
Corporate Tax Holiday in Debt Ceiling Deal: Where's the Uproar?

...

As it is, leading members of the Senate are seriously considering giving the most profitable companies in the world a total tax holiday as a reward for their last seven years of systematic tax avoidance. Hundreds of billions of potential tax dollars would disappear from the Treasury. And there isn’t a peep from anyone, anywhere, on this issue.

We’re seriously talking about defaulting on our debt, and cutting Medicare and Social Security, so that Google can keep paying its current 2.4 percent effective tax rate (http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-shows-how-60-billion-u-s-revenue-lost-to-tax-loopholes.html) and GE, a company that received a $140 billion bailout en route to worldwide 2010 profits of $14 billion, can not only keep paying no taxes at all , but receive a $3.2 billion tax credit (http://www.nytimes.com/2011/03/25/business/economy/25tax.html?pagewanted=all)from the federal government. And nobody appears to give a shit. What the hell is wrong with people? Have we all lost our minds?

http://www.rollingstone.com/politics/blogs/taibblog/holiday-in-scambodia-20110720

lunar
25.07.2011, 08:48
24 July 2011

SP 500 and Gold Futures On Sunday Evening (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-gold-on-sunday-evening.html)

The apparent lack of a viable debt deal sent stocks dropping and gold soaring in Sunday evening NY trade.

Gold needs to break out from here, or risk a correction back down to support. The reverse is the story for broad equities.

Notice how the SP futures dropped right down to key support at 1322, to mark it firmly. While stocks remain above the 1320 level, Wall Street does not seriously believe that a budget impasse will prevail.

If stocks break down below 1300 we could be in for a Nantucket sleigh ride on the world market. And below 1290 it might be time to head for the exits.

I thought all along that the teenage drama queens in Washington would take this into last minute sturm and drang to impress their constituents that they are major players with serious concerns and must be appreciated.

The financiers like to create crises when they wish to get their way. It is always a mistake to give in, since it just encourages them for the future.

As a reminder it is Comex option expiry this week.

......

Posted by Jesse at 9:24 PM (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-gold-on-sunday-evening.html)

lunar
25.07.2011, 08:57
Corporate Tax Holiday in Debt Ceiling Deal: Where's the Uproar?

...

As it is, leading members of the Senate are seriously considering giving the most profitable companies in the world a total tax holiday as a reward for their last seven years of systematic tax avoidance. Hundreds of billions of potential tax dollars would disappear from the Treasury. And there isn’t a peep from anyone, anywhere, on this issue.

We’re seriously talking about defaulting on our debt, and cutting Medicare and Social Security, so that Google can keep paying its current 2.4 percent effective tax rate (http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-shows-how-60-billion-u-s-revenue-lost-to-tax-loopholes.html) and GE, a company that received a $140 billion bailout en route to worldwide 2010 profits of $14 billion, can not only keep paying no taxes at all , but receive a $3.2 billion tax credit (http://www.nytimes.com/2011/03/25/business/economy/25tax.html?pagewanted=all)from the federal government. And nobody appears to give a shit. What the hell is wrong with people? Have we all lost our minds?

http://www.rollingstone.com/politics/blogs/taibblog/holiday-in-scambodia-20110720

Zum Original-Beitrag (http://www.stock-channel.net/stock-board/showthread.php3?p=1399265#post1399265)
:thanx

...ist aber wieder einmal nicht zu fassen :dumm die Amis sind wirklich :gagga

....Here’s how it works: the tax laws say that companies can avoid paying taxes as long as they keep their profits overseas. Whenever that money comes back to the U.S., the companies have to pay taxes on it. Think of it as a gigantic global IRA. Companies that put their profits in the offshore IRA can leave them there indefinitely with no tax consequence. Then, when they cash out, they pay the tax.

Only there’s a catch. In 2004, the corporate lobby got together and major employers like Cisco and Apple and GE begged congress to give them a “one-time” tax holiday, arguing that they would use the savings to create jobs. Congress, shamefully, relented, and a tax holiday was declared. Now companies paid about 5 percent in taxes, instead of 35-40 percent.

Money streamed back into America. But the companies did not use the savings to create jobs. Instead, they mostly just turned it into executive bonuses and ate the extra cash. Some of those companies promising waves of new hires have already committed to massive layoffs. (http://www.googlemonopoly.eu/index.php/2011/07/19/cisco-wants-tax-repatriation-holiday-will-create-jobs-but-now-massive-laying-off-employees/).....

lunar
25.07.2011, 09:08
:thanx bimbes....hüben wie drüben - das gleiche Trauerspiel :gomad



Moin zusammen:)

Nachdem ich mir übers Wochenende noch einmal im Detail die Brüsseler Beschlüsse reingezogen habe, hat sich meine Laune nur noch weiter verschlechtert:gomad

Leute, was da in Brüssel passiert ist, ist ein Skandal erster Güte und niemand regt sich auf. Wahrscheinlich weil es keiner kapiert. Da kommt einem unwillkürlich der zynische Gedanken, dass das Osloer Drama gerade zur rechten Zeit kam.

Das haben unsere Politiker und Banker geschickt angestellt. Die Einführung des Schuldensozialismus schön unter Nebelkerzen und komplizierten Detailregelungen versteckt.

Es gibt 2 Gewinner des Deals: Erstens: Die Banken, die alle Restrisiken auf den EFSF und damit die Steuerzahler verlagert haben. Zweitens: Die EZB, die EFSF-Anleihen zur Kompensation der auf Default gestellten Griechenpapiere bekommt und den Ankaufsdruck für Staatsanleihen auf den EFSF verlagert hat. Ackermann und Trichet haben wirklich ganze Arbeit geleistet! Wo war eigentlich der Vertreter der Steuerzahler, als in Brüssel verhandelt wurde? Merkel und Co. sind ein Totalausfall für Deutschland!!!!!
Zwischen all dem Rhetorik-Müll, der aus den Banken und der Politik kommt, nimmt sich das Statement von Buba-Präsident Weidmann fast schon wie eine Revolution aus.

Wenn nicht der Markt selbst die Lage bereinigt, wird es in absehbarer Zeit wohl der Bürger selbst übernehmen. Politischer Widerstand aus den Zahlerländern wird sich breit machen. Radikale Anti-Euro-EU-Parteien wie in Frankreich die Front National, Gerd Wilders in NL und die Wahren Finnen werden die politischen Mehrheiten gewinnen und ihre Länder aus Euro-EU herauslösen. Euro und EU werden auseinandergerissen. Die politische Sezession der EU wird eine Dynamik gewinnen, die heute noch niemand zu denken wagt.

Vorab schon mal vielen Dank dafür an Frau Merkel, Herrn Ackermann und all den Eurokraten. :mad




Zum Original-Beitrag (http://showthread.php3?p=1399298#post1399298)

lunar
25.07.2011, 09:12
Wirtschaft: 25. Juli 2011, 08:07

Moody's stuft Griechenland erneut herab (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/moodys_stuft_griechenland_erneut_herab_1.11609356.html)

Ratingagentur hält Stabilisierung Griechenlands für wahrscheinlicher als zuvor

Die Ratingagentur Moody's hat die Kreditwürdigkeit Griechenlands erneut herabgestuft. Das Land wird nun mit der Note «Ca» bewertet und damit drei Stufen schlechter als zuvor mit «Caa1», wie Moody's mitteilte. ...

:rolleyes


(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/moodys_stuft_griechenland_erneut_herab_1.11609356.html)

lunar
25.07.2011, 09:19
Wirtschaft: 25. Juli 2011, 07:59

Clinton beruhigt asiatische Finanzmärkte (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/clinton_versucht_asiatische_finanzmaerkte_zu_beruhigen_1.11608821.html)

http://www.nzz.ch/images/hillary_clinton_hongkong_small_1.11609327.1311573396.jpg (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/clinton_versucht_asiatische_finanzmaerkte_zu_beruhigen_1.11608821.html) Demokraten und Republikaner können sich nicht auf Methode zur Beilegung der Schuldenkrise einigen

(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/clinton_versucht_asiatische_finanzmaerkte_zu_beruhigen_1.11608821.html)Die amerikanische Aussenministerin Hillary Clinton hat am Montag den asiatischen Finanzmärkten versichert, dass die USA trotz des Streits um die Erhöhung der Schuldenkrise im Grunde wirtschaftlich gesund seien.

...

Die derzeitige, parteipolitisch geprägte Debatte sei nun mal eine Tatsache des politischen Alltags in Amerika. «Diese Art Debatten sind schon seit Anbeginn der Geschichte der Republik eine ständige Erscheinung im politischen Alltag», sagte Clinton. Manchmal seien sie schmutzig, doch auf diese Art würde eine demokratische Gesellschaft schliesslich zu einer Lösung kommen....

.....demokratische Lösung :dumm




(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/clinton_versucht_asiatische_finanzmaerkte_zu_beruhigen_1.11608821.html)

lunar
25.07.2011, 09:27
Für Helfer ein gefährliches Terrain (http://www.tagesanzeiger.ch/ausland/naher-osten-und-afrika/Fuer-Helfer-ein-gefaehrliches-Terrain/story/24984928)

http://files.newsnetz.ch/story/2/4/9/24984928/4/teasersmall16x9.jpg?1311578540 (http://www.tagesanzeiger.ch/ausland/naher-osten-und-afrika/Fuer-Helfer-ein-gefaehrliches-Terrain/story/24984928) Internationale Hilfe für die Hungernden in Somalia wird auch zu einem Ringen mit den Islamisten, die Zutritt in die betroffenen Gebiete abwehren :gomad und die Katastrophe leugnen. Mehr... (http://www.tagesanzeiger.ch/ausland/naher-osten-und-afrika/Fuer-Helfer-ein-gefaehrliches-Terrain/story/24984928)

Von Johannes Dieterich. Aktualisiert um 06:41 Uhr 1 Kommentar (http://www.tagesanzeiger.ch/ausland/naher-osten-und-afrika/Fuer-Helfer-ein-gefaehrliches-Terrain/story/24984928#kommentar)

lunar
25.07.2011, 10:01
(http://english.aljazeera.net/news/europe/2011/07/2011725046110696.html)[/url][url="http://english.aljazeera.net/news/europe/2011/07/2011725046110696.html"]Mass protests continue in Spanish capital (http://english.aljazeera.net/news/europe/2011/07/2011725046110696.html)

Thousands of "indignant" demonstrators are angered by politicians' faliure to solve high unemployment and economic woes.

Last Modified: 25 Jul 2011 01:50 GMT

lunar
25.07.2011, 10:09
Un vídeo casero registró la explosión en Oslo (http://www.elperiodico.com/es/noticias/internacional/video-casero-registro-momento-explosion-1092274)

EDUARDO SOTOS / Barcelona





Dos noruegos de visita en la capital captan la desolación, el caos y el nerviosismo que siguieron al atentado contra un complejo gubernamenta

lunar
25.07.2011, 11:13
....für unsere Mannen ;)

http://jakandjil.com/blog/?p=5307

lunar
25.07.2011, 11:20
Einen guten Tag, wünsche ich Euch.

Habt ihr bereits die „Inoffizielle Arbeitsübersetzung“ des „ENTWURF FÜR EINEN VERTRAG ZUR EINRICHTUNG DES EUROPÄISCHEN STABILITÄTSMECHANISMUS (ESM)“ gelesen?

Wenn nicht, unbedingt tun. Innerhalb den ersten 10 Leseminuten werdet bestimmt auch ihr euch derart geschüttelt haben, dass der Verdacht auf einen "Schüttelfrost" aufkommt, und das Fieberthermometer Klarheit bringen soll.

Mit dieser ESM-Institution werden nicht nur die einzelnen Länder geplündert sowie entmündigt und ihrer Haushaltshoheit beraubt, sondern es wird wieder eine imaginärer Apparat geschaffen, der keinen Boden unter den Füßen hat.

Gruß,
hajo


Zum Original-Beitrag (http://showthread.php3?p=1399332#post1399332)
ENTWURF FÜR EINEN VERTRAG ZUR EINRICHTUNG DES EUROPÄISCHEN ... (http://www.google.ch/url?sa=t&source=web&cd=1&ved=0CBcQFjAA&url=http%3A%2F%2Fwww.peter-bleser.de%2Fupload%2FPDF-Listen%2FE-Mail-Info_Eurostabilisierung%2FEntwurf_Vertrag_ESM.pdf&rct=j&q=ENTWURF%20F%C3%9CR%20EINEN%20VERTRAG%20ZUR%20EINRICHTUNG%20DES%20EUROP%C3%84ISCHEN%20STABILIT%C3%84TSMECHANISMUS%20%28ESM%29&ei=OzQtTuXNNMSQswbHkcn3Dw&usg=AFQjCNEKQWZZHF3ZfOu4K1ihcARhGoOqCw&sig2=PHpgqWS115isktMxjsbmlA)

Entwurf_Vertrag_ESM.pdf

lunar
25.07.2011, 12:00
Norwegens Polizei wehrt sich

(http://www.nzz.ch/nachrichten/politik/international/norwegens_polizei_wehrt_sich_1.11613502.html)Norwegens Polizei verteidigt sich gegen den Vorwurf eines zu späten Eingreifens bei dem Massaker auf der Insel Utöya. Der Osloer Polizeichef Anstein Gjengedal sagte, die Antiterroreinheit «Delta» sei am Freitag sofort nach dem ersten Alarmruf trotz der vorherigen Bombenexplosion im Osloer Regierungsviertel in Gang gesetzt worden: «Wir waren schnell da.»

(dpa) Der Attentäter hatte für seinen Angriff auf etwa 600 Jugendliche eines sozialdemokratischen Ferienlagers eine Stunde Zeit, bis er festgenommen wurde. Die Eliteeinheit der Polizei war in Autos aus dem 45 Kilometer entfernten Oslo gekommen. Sie verlor nach Angaben mehrerer Medien auch Zeit, weil beim Übersetzen auf die kleine Fjordinsel Utöya ein Bootsmotor streikte.....
.
....also sehr effizient waren sie sicher nicht - wobei man x verschiedene Varianten hört, warum das nicht geklappt haben soll :rolleyes aber sicher gab es viel zu viele Opfer :(

lunar
25.07.2011, 12:04
...das scheint eine Hydra zu sein :rolleyes


Politik: 25. Juli 2011, 10:26

Libysche Rebellen schlagen Angriff auf al-Gawalish zurück (http://www.nzz.ch/nachrichten/politik/international/libysche_rebellen_schlagen_angriff_auf_al-gawalish_zurueck_1.11613757.html)

http://www.nzz.ch/images/al-gawalish_libyen_small_1.11615271.1311584507.jpg (http://www.nzz.ch/nachrichten/politik/international/libysche_rebellen_schlagen_angriff_auf_al-gawalish_zurueck_1.11613757.html) Aufständische rücken langsam gegen Tripolis vor

Die libyschen Rebellen haben einen Angriff der Truppen von Machthaber Muammar al-Ghadhafi auf das Dorf al-Gawalish in der Wüste südlich der Hauptstadt Tripolis zurückgeschlagen. ...

(http://www.nzz.ch/nachrichten/politik/international/libysche_rebellen_schlagen_angriff_auf_al-gawalish_zurueck_1.11613757.html)

lunar
25.07.2011, 12:20
Schweizer Konzerne flüchten ins Ausland (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Schweizer-Konzerne-fluechten-ins-Ausland/story/14969231)

http://files.newsnetz.ch/story/1/4/9/14969231/14/teasersmall16x9.jpg?1311588411 (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Schweizer-Konzerne-fluechten-ins-Ausland/story/14969231) Wegen des starken Frankens erwägen Grosskonzerne, ihre Produkte vermehrt im Ausland herzustellen. Das sagen Experten der Beratungsfirma Deloitte. Mehr... (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Schweizer-Konzerne-fluechten-ins-Ausland/story/14969231)

Aktualisiert vor 44 Minuten 26 Kommentare (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Schweizer-Konzerne-fluechten-ins-Ausland/story/14969231#kommentar) Update folgt...


Marc Gubler - 11:55 Uhr
Mal schauen ob ich hier den Durchblick habe! Als der USD und EUR stark war, klönten die Unternehmen die Rohstoffe seien teuer im Einkauf. Jetzt wo der USD und EUR schwach ist, klönen die Unternehmer wieder! Ja Herrgott, wann gibt es denn nichts zu jammern!? Wie war das doch gleich. Schweizer, die im Ausland einkaufen, sind keine Patrioten! Aha, Unternehmen, welche im Ausland Produzieren aber schon

.....man kann die Wirtschaft mit diesem out-sourcing schon abwürgen, siehe USA, was nützt's wenn die Ware billiger wird aber die Menschen ihren Arbeitsplatz verlieren und keine Kohle zum poschten haben :rolleyes und wäre es denn so schlimm, wenn die Firmen etwas weniger Wert an der Börse hätten, etwas weniger hohe Margen, etwas weniger hohe Boni :confused:rolleyes man sogar eine verständliche Auskunft bekäme und nicht von irgendeiner Stimme aus Indien was.... dafür Arbeitsplätze erhalten :cool

lunar
25.07.2011, 17:15
Erdbeben in L'Aquila

Viel Geld für wenig Wiederaufbau (http://www.spiegel.de/panorama/0,1518,771336,00.html)

Vollmundig versprach Italiens Premier Silvio Berlusconi den Erdbebenopfern von L'Aquila Hilfe. Milliarden von Euro sollten bereitstehen - doch keiner weiß, wo sie geblieben sind. Am schleppenden Wiederaufbau scheint vor allem die Mafia zu verdienen. Von Annette Langer mehr... (http://www.spiegel.de/panorama/0,1518,771336,00.html) [ Video (http://www.spiegel.de/video/video-1036254.html) | Forum (http://forum.spiegel.de/showthread.php?t=40504) ]

....nix Neues von/bei Herrn Berlusconi :bad

lunar
25.07.2011, 17:33
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Boehner Just Took Debt Ceiling Negotiations Back Five Steps, Calls Obama's Request "Blank Check", Invokes Visions Of Hank Paulson (http://www.zerohedge.com/news/boehner-just-took-debt-ceiling-negotiations-back-five-steps-calls-obamas-request-blank-check-in)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/25/2011 - 10:42 [/url] In a posting on his blog, Boehner just managed to snag any progress in the debt ceiling negotiation, saying that the president "is trying to set up a no-win situation for taxpayers: either he gets his $2.4 trillion blank check, or America defaults", generatinged much despised PTSD visions of Hank Paulson' staccato threats in Congress, and in doing so making any compromise he may have been pursuing with the Tea Party virtually impossibly and certainly nearly unpracticable with just 3 days before the absolute legal deadline this Thursday. Perhaps that is just the reason why bonds suddenly ripped. Remember: bonds will be bought if sendng is curtailed and no incremental debt will be layered... to a point. Should the US default, buying will turn to selling, first very slowly, then very fast.



[url="http://twitter.com/home/?status=http://www.zerohedge.com/node/435713+--+From+ZeroHedge:+Boehner%20Just%20Took%20Debt%20Ceiling%20Negotiations%20Back%20Five%20Steps,%20Calls%20Obama%27s%20Request%20%22Blank%20Check%22,%20Invokes%20Visions%20Of%20Hank%20Paulson"]http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://www.zerohedge.com/taxonomy/term/299)
Comments: 55 (http://www.zerohedge.com/news/boehner-just-took-debt-ceiling-negotiations-back-five-steps-calls-obamas-request-blank-check-in#comments)
New Comments:
Reads: 2,986
.
:rolleyes

lunar
25.07.2011, 17:42
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Confused Why ES Is About To Break Out Into Green Territory? Here's Why (http://www.zerohedge.com/news/confused-why-es-about-break-out-green-territory-heres-why)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/25/2011 - 11:31

Yep. As expected volume just died, which means the algobots are in control and the vaporvolume melt up is imminent. Obama's horribly mistimed plan to crash the market has just been foiled by a few trillion vacuum tube equivalents courtesy of Getco.





http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435714+--+From+ZeroHedge:+Confused%20Why%20ES%20Is%20About%20To%20Break%20Out%20Into%20Green%20Territory?%20Here%27s%20Why)
New Comments:
Reads: 161
.
Raymond K Hassel (http://www.zerohedge.com/users/raymond-k-hassel) (Total Score:1) http://www.zerohedge.com/sites/default/files/pictures/picture-12606.jpg (http://www.zerohedge.com/users/raymond-k-hassel) Up is the new Down
Mon, 07/25/2011 - 11:35 |


http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/confused-why-es-about-break-out-green-territory-heres-why#comment-1490630) sunnydays (http://www.zerohedge.com/users/sunnydays) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-37368.jpg (http://www.zerohedge.com/users/sunnydays)Guess he can't accomplish what Bush could - when he had the markets crash wanting the TARP money.

lunar
25.07.2011, 17:47
Monday, July 25, 2011

NO BIG DEAL (http://kliguy38depression2news.blogspot.com/2011/07/no-big-deal.html)

I'm feeling less scared today. It looks like "investors" are stepping back into equities and "stabilizing" the sell-off overnite. Well.....maybe. Let's see what happens today. In reality nothing will be settled. We'll only have another piece of gum put into the leaking dam when everything is said and done. First of all the pols are talking in terms of TEN YEARS. So whether you hear a "Three Trillion" cut or a "One Trillion cut...you have to put it in context. They are talking over TEN YEARS . That won't even come close to addressing the problem. Our YEARLY deficit is well over a TRILLION. So while we are cutting one or three trillion over the span of ten years we will ANOTHER 12 TRILLION F@#$!N dollars to the debt. This is not sustainable. So yes we are in a Kabuki theater moment. Its all a joke.

What will happen? What can we do to trade this. Well understand that unless the Fed wants to pull the plug and put us in depression this year.....we already are....but I mean a much deeper PAIN depression then we will have to have MO MONEY. MO MONEY MO MONEY....M2 money supply is rising quite dramatically over the last 2 weeks and this is real money so be aware, the Fed IS in there plugging the leaks RIGHT NOW.

I'm looking at overbought short term miners and gold. Can they get more overbought? YES YES YES. Just be aware. Everyone points to 1650 on gold so I look for a fight in this area. We will certainly get an attempt to take gold down when the "deal" is announced. We have a different issue with the miners. They are being driven by the boyz now and they can get a LOT further overbought......so be aware. We are in and inverse HnS on the miners $HUI and I have a lot further target to go. I still think we see 58 on SLW in the next few months. I don't own it right here. There are a basket of these to play GPL EXK SSRI HL ANV GFI EGO GORO AG

Video

lunar
25.07.2011, 17:50
Politik: 25. Juli 2011, 16:41

Mit allen Mitteln gegen die Opposition (http://www.nzz.ch/nachrichten/politik/international/syrien_25juli_1.11620732.html)

http://www.nzz.ch/images/asad_samir_othman_ash-sheikh_small_1.11620933.1311603684.jpg (http://www.nzz.ch/nachrichten/politik/international/syrien_25juli_1.11620732.html) Das syrische Regime zwischen Versprechen und Einschüchterungsversuchen

Mit allen Mitteln verteidigt das syrische Regime seine Macht. Gewalt, Einschüchterung und Razzien wechseln sich ab mit Reformversprechen. Ein neues Gesetz soll die Gründung politischer Parteien ermöglichen, jedenfalls theoretisch. ...

(http://www.nzz.ch/nachrichten/politik/international/syrien_25juli_1.11620732.html):mad



(http://www.nzz.ch/nachrichten/politik/international/syrien_25juli_1.11620732.html)

lunar
25.07.2011, 20:06
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Two Chinese Fighter Jets Repelled US Spy Aircraft In Taiwan Strait Last Month (http://www.zerohedge.com/news/two-chinese-fighter-jets-repelled-us-spy-aircraft-taiwan-strait-last-month)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/25/2011 - 11:42 China (http://www.zerohedge.com/taxonomy/term/139) SPY (http://www.zerohedge.com/taxonomy/term/148) China continues to flex its wings, in this case literally. The FT reports (http://www.ft.com/intl/cms/s/0/fcf3cfe6-b6ba-11e0-ae1f-00144feabdc0.html?ftcamp=rss#axzz1T33qTWDK)that last month two Chinese Su-27 jets crossed the middle line in the Taiwan Strait to repel a US spy aircraft. "This marks the first known encounter between US and Chinese military aircraft in mid-air since a US reconnaissance aircraft collided with a Chinese fighter jet in 2001 and was forced to land on Hainan island, sparking a crisis that severely damaged bilateral relations." And while this is certainly not the first such incident, it is the first one disclosed publicly, with the sole purpose of humiliating the US. Furthermore, recent tensions in the South China seas (profiled previously here (http://www.zerohedge.com/article/senators-warn-china-escalations-south-china-seas-threaten-us-national-interests-china-likely)) have become a big sticking point for the US administration so it should not be surprising that China will do everything in its power to embarrass America before the global community, a task in which it has just succeeded.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435716+--+From+ZeroHedge:+Two%20Chinese%20Fighter%20Jets%20Repelled%20US%20Spy%20Aircraft%20In%20Taiwan%20Strait%20Last%20Month)
Comments: 39 (http://www.zerohedge.com/news/two-chinese-fighter-jets-repelled-us-spy-aircraft-taiwan-strait-last-month#comments)
New Comments:
Reads: 3,033
.
....die Chinesen zeigen Muskeln :rolleyes

lunar
25.07.2011, 20:49
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
The Drama Is Back: Boehner To Hold Press Conference At Market Close (http://www.zerohedge.com/news/drama-back-boehner-market-close-news-conference)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/25/2011 - 13:56 Congressional Budget Office (http://www.zerohedge.com/category/tags/congressional-budget-office) Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) Fox News (http://www.zerohedge.com/category/tags/fox-news) President Obama (http://www.zerohedge.com/category/tags/president-obama) For a day that was supposed to be full of drama, fury, margin calls and overall bloodshed, newsflow is so boring, for a second we wanted to demand our money back from management, or the kleptocracy, whoever it is that prints these things nowadays. However, some excitement may yet be salvaged now that Boehner has just called for a news conference precisely on the closing bell at 4pm. We assume this will be to present details of his two-tiered plan, which we touched upon earlier, and which Fox News now provides some additional details on. Suffice to say, if Obama were to accept the terms contained herein it would be complete embarrassment for the head executive, as Boehner is literally demanding everything, up to and including a balanced budget amendment, that Obama swore he would not cede.


http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435724+--+From+ZeroHedge:+The%20Drama%20Is%20Back:%20Boehner%20To%20Hold%20Press%20Conference%20At%20Market%20Close)
Comments: 99 (http://www.zerohedge.com/news/drama-back-boehner-market-close-news-conference#comments)
New Comments:
Reads: 3,428
.
drink or die (http://www.zerohedge.com/users/drink-or-die) (Total Score:1) http://www.zerohedge.com/sites/default/files/pictures/picture-41010.jpg (http://www.zerohedge.com/users/drink-or-die)
Am I missing something here? How can anyone take any of this seriously when they are talking about cutting 1.5-2T over 10 years, and the annual defecit is 1.5T/year? Doesn't that fact alone make this entire thing completely pointless?


Mon, 07/25/2011 - 14:03 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/drama-back-boehner-market-close-news-conference#comment-1491208) SWRichmond (http://www.zerohedge.com/users/swrichmond) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-1287.jpg (http://www.zerohedge.com/users/swrichmond)
Doesn't that fact alone make this entire thing completely pointless?
Yes, and not to mention the fact that the actual deficit, due in large part to accrued SS and other obligations, is really about $5 Trillion annually.

Mon, 07/25/2011 - 14:05 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/drama-back-boehner-market-close-news-conference#comment-1491221) JLee2027 (http://www.zerohedge.com/users/jlee2027) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-17238.jpg (http://www.zerohedge.com/users/jlee2027)
And they can't even agree on a couple hundred billion this year.
Laughable.

lunar
25.07.2011, 20:54
Pakistan Breaks Away

(http://www.thedailybell.com/2724/Pakistan-Breaks-Away)
Monday, July 25, 2011 – by Staff Report

Pakistan: Fortifying Our Civilizational Heritage ... These are very challenging times for the Pakistani nation, blessed with national resilience, sense of honour and the civilizational heritage, drawn from the four oldest civilizations of the world – Central Asia, West Asia, South Asia and East Asia (China), with whom it shares common borders. Itself being the 'Cradle of Indus Civilization', no other country in the world can boast of such assets, which determine the 'Geo-historical Blend' of the Pakistani nation and can rightly be called the 'Land of the Rainbow Civilization"; yet, these very civilizational assets have so carelessly been sacrificed for the geo-political expediencies of the past. Instead of getting closer to our immediate neighbours, we made friends and allies with the United States of America, a distant land, with whom we share no civilizational values. And for this faulty decision, Pakistan has suffered immensely, during the last five decades. There is a strong realization now to 'correct the course' and create a more pragmatic geo-political environment of national security, most suited, to strengthen our civilizational linkages, with our immediate neighbours. – Opinion Maker/General Mirza Aslam Beg

Dominant Social Theme: Ignore the shifting strategic implications. Pakistan is a friend of the US.

Free-Market Analysis: One of the biggest reasons the Anglo-American elite lost the war in Afghanistan is because the wealthy families that make up Pakistan's elite were distrustful of both NATO and the US military-industrial comlex. In this article, excerpted above, we can see how the perception of Pakistan's interests are changing.

Read More (http://www.thedailybell.com/2724/Pakistan-Breaks-Away) http://www.thedailybell.com/images/blackRightArrow.gif

lunar
25.07.2011, 21:07
Duo an der Spitze

Jain und Fitschen führen ab 2012 Deutsche Bank (http://www.spiegel.de/wirtschaft/unternehmen/0,1518,776561,00.html)

Nun ist es offiziell: Anshu Jain und Jürgen Fitschen übernehmen im kommenden Jahr den Vorstandsvorsitz bei der Deutschen Bank. Josef Ackermann wird zum selben Zeitpunkt vom Chefposten an die Spitze des Aufsichtsrats wechseln. mehr... (http://www.spiegel.de/wirtschaft/unternehmen/0,1518,776561,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40520) ]




Deutsch- Bank-AufsichtsratAckermann muss noch Hürden nehmen (http://www.handelsblatt.com/unternehmen/banken/ackermann-muss-noch-huerden-nehmen/4431564.html)

Der sich abzeichnende Wechsel von Deutsche-Bank-Chef Josef Ackermann an die Spitze des Aufsichtsrates ist nicht unumstritten. Ein Politiker aus der Union nennt den Plan „problematisch“.2 Kommentare (http://www.handelsblatt.com/unternehmen/banken/ackermann-muss-noch-huerden-nehmen/v_detail_tab_comments,4431564.html)

lunar
25.07.2011, 21:13
News-Ticker

«Mein Sohn hätte sich selber auch töten sollen» (http://www.tagesanzeiger.ch/ausland/europa/Mein-Sohn-haette-sich-selber-auch-toeten-sollen/story/16154082)

http://files.newsnetz.ch/story/1/6/1/16154082/79/teasersmall16x9.jpg?1311620224 (http://www.tagesanzeiger.ch/ausland/europa/Mein-Sohn-haette-sich-selber-auch-toeten-sollen/story/16154082) Jens Breivik, der Vater des mutmasslichen Attentäters von Oslo und Utøya, hat ein erstes Interview gegeben. Er werde nie mehr nach Norwegen zurückkehren, sagte er. Offenbar tauchte er kurz danach ab. Mehr... (http://www.tagesanzeiger.ch/ausland/europa/Mein-Sohn-haette-sich-selber-auch-toeten-sollen/story/16154082)

Aktualisiert um 19:33 Uhr

....das ist schon eine Bürde - und inwieweit man sich schuldig fühlt oder eben auch nicht :confused:rolleyes

lunar
25.07.2011, 21:43
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
And The Kickers In Reid's Proposed "Deficit Cutting" Plan Are... (http://www.zerohedge.com/news/and-kicker-reids-proposed-deficit-cutting-plan)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/25/2011 - 14:36 Bond (http://www.zerohedge.com/category/security-name/bond) Gobbledygook (http://www.zerohedge.com/category/tags/gobbledygook) Rating Agencies (http://www.zerohedge.com/category/tags/rating-agencies) Unemployment (http://www.zerohedge.com/category/tags/unemployment) Following hot on the heels of the proposed Boehner rehashed plan, we get the first details of where the bulk of the $2.7 trillion in proposed savings will come from. Are you ready for this? REID PLAN SAID TO HAVE $1 TRLN SAVINGS FROM WINDING DOWN WARS. That's right. In some parallel galaxy far, far away, lack of expenditures, on America's 6 front wars to be sure, is now considered a "saving"? Front lobe hemorrhage to commence in 5 seconds. And the other migraine-inducing details of the Reiid plan are...



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435727+--+From+ZeroHedge:+And%20The%20Kickers%20In%20Reid%27s%20Proposed%20%22Deficit%20Cutting%22%20Plan%20Are...)
Comments: 130 (http://www.zerohedge.com/news/and-kicker-reids-proposed-deficit-cutting-plan#comments)
New Comments:
Reads: 5,872
.Eagle Keeper (http://www.zerohedge.com/users/eagle-keeper) (Total Score:1) http://www.zerohedge.com/sites/default/files/pictures/picture-29889.jpg (http://www.zerohedge.com/users/eagle-keeper)I got a cool idea! Why not everyone in the US go to their bank and borrow $46K or whatever amout the government needs and send it to them. After that, everyone should default on those loans and ask for a bailout.......
.
.....was für ein Theater :mad

lunar
26.07.2011, 09:20
'A DANGEROUS GAME' (http://www.huffingtonpost.com/2011/07/25/obama-debt-ceiling-address-nation_n_909212.html)
Obama On Debt Crisis: 'No Way To Run The Greatest Country On Earth' (http://www.huffingtonpost.com/2011/07/25/obama-debt-ceiling-address-nation_n_909212.html)

WASHINGTON (AP/The Huffington Post) -- Decrying a "partisan three-ring circus" in the nation's capital, President Barack Obama criticized a newly minted Republican plan to avert an unprecedented government default Monday night and said congressional leaders must produce a compromise that can reach his desk before the Aug. 2 deadline.

"The American people may have voted for divided government, but they didn't vote for a dysfunctional government," the president said in a hastily arranged prime-time speech. He appealed to the public to contact lawmakers and demand "a balanced approach" to reducing federal deficits......




Boehner: 'The President Would Not Take Yes For An Answer' (http://www.huffingtonpost.com/2011/07/25/john-boehner-debt-ceiling_n_909267.html)
A ‘Unique Opportunity’ Lost.. (http://www.nytimes.com/2011/07/26/us/politics/26deal.html) Hypocrisy Reigns On All Sides In Showdown.. (http://www.mcclatchydc.com/2011/07/25/118194/hypocrisy-reigns-on-all-sides.html)
Speaker: 'I Didn't Sign Up For Going Mano-A-Mano With The President'.. (http://www.huffingtonpost.com/2011/07/25/john-boehner-debt-ceiling_n_909267.html?1311652614)
Wall St. Braces For Default.. (http://www.google.com/hostednews/afp/article/ALeqM5hqy7DW703Ig0AsJvTeZwCaIapUIA?docId=CNG.b42af8d3a3f43e1ec1f9b9baba6d9fd2.221) The Dirty Word Obama Didn't Say.. (http://www.nationaljournal.com/obama-keeps-mum-on-a-word-dirtier-than-compromise--20110725) MORE UPDATES (http://www.huffingtonpost.com/2011/07/22/debt-ceiling-talks-collapse_n_907446.html)






Comments (20,936) (http://www.huffingtonpost.com/2011/07/25/obama-debt-ceiling-address-nation_n_909212.html#comments)
| Barack Obama (http://www.huffingtonpost.com/news/barack-obama)
.
http://i.huffpost.com/profiles/1298395-2.png?20101209070907 (http://www.huffingtonpost.com/social/JacksonAndy78?action=comments) JacksonAndy78 (http://www.huffingtonpost.com/social/JacksonAndy78?action=comments) Usury Interest is Over
1409 Fans (http://www.huffingtonpost.com/social/JacksonAndy78)
0 minute ago (3:07 AM)
CBS REPORT: BANKSTERS/*FINANCIERS SPEND $5 BILLION LEGALLY BUYING POLITICIAN*S FROM 2000 TO 2008!

$15,000,00*0 on average per US SENATOR every SIX YEARS!

THAT WAS BEFORE CORPORATE "CITIZENS UNTIED" AGAINST AMERICANS!

http://www*.cbsnews.c*om/8301-50*3544_162-4*842645-503*544.html (http://www.cbsnews.com/8301-503544_162-4842645-503544.html)

DESTROYING A GREAT COUNTRY - ONE VOTE AT A TIME!

http://i.huffpost.com/profiles/557686-2.png?20110406214830 (http://www.huffingtonpost.com/social/EconPadawan?action=comments) HUFFPOST PUNDIT
EconPadawan (http://www.huffingtonpost.com/social/EconPadawan?action=comments) Too short for a stormtrooper. Too tall for a ewok.
2025 Fans (http://www.huffingtonpost.com/social/EconPadawan)
0 minute ago (3:06 AM)
If we could just eliminate SS and Medicare, get rid of the Middle Class and adopt third world wages the Super rich would finally start hiring again!

http://i.huffpost.com/profiles/1483036.png?20110714101633 (http://www.huffingtonpost.com/social/HKR07?action=comments) HKR07 (http://www.huffingtonpost.com/social/HKR07?action=comments)
472 Fans (http://www.huffingtonpost.com/social/HKR07)
1 minute ago (3:05 AM)
According to new CBS poll, Americans blame Republican*s the most for the stalemate.*..Obama fares the least negatively*: http://www*.cbsnews.c*om/8301-50*3544_162-2*0080250-50*3544.html?*tag=pop (http://www.cbsnews.com/8301-503544_162-20080250-503544.html?tag=pop)


.....hätte Obama seine anfängliche Reden auch in Taten umgesetzt - er müsste sich jetzt nicht so rumschupsen lassen :rolleyes

VIDEO

lunar
26.07.2011, 09:23
Wirtschaft: 26. Juli 2011, 06:27

Absage an «Wir geben mehr aus, ihr zahlt mehr» (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/us_budgestreit_obama_boehner_1.11629312.html)

http://www.nzz.ch/images/john_boehner_25072011_small_1.11629357.1311655263.jpg (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/us_budgestreit_obama_boehner_1.11629312.html) Boehner markiert Härte im US-Budgetstreit

US-Präsident Barack Obama hat den Kongress zu einem Kompromiss im Schuldenstreit aufgerufen. Die Antwort von John Boehner, dem republikanischen Vorsitzenden des Repräsentantenhauses, folgte umgehend. ...

(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/us_budgestreit_obama_boehner_1.11629312.html)

lunar
26.07.2011, 09:25
Live

Die UBS informiert - Aktie mit 3 Prozent im Minus (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Die-UBS-informiert--Aktie-mit-3-Prozent-im-Minus/story/17293643)

http://files.newsnetz.ch/story/1/7/2/17293643/21/teasersmall16x9.jpg?1311664790 (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Die-UBS-informiert--Aktie-mit-3-Prozent-im-Minus/story/17293643) Die Grossbank weist einen Gewinn von 1 Milliarde Franken für das 2. Quartal aus, tiefer als die Analysten im Durchschnitt erwartet haben. Tagesanzeiger.ch/Newsnetz berichtet ab 9 Uhr live von der Medienkonferenz. Mehr... (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Die-UBS-informiert--Aktie-mit-3-Prozent-im-Minus/story/17293643)

Von Markus Diem Meier (http://www.tagesanzeiger.ch/stichwort/autor/markus-diem-meier/s.html). Aktualisiert vor 16 Minuten


*********************************************

Eine persönliche Niederlage für Oswald Grübel (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Eine-persoenliche-Niederlage-fuer-Oswald-Gruebel/story/13934115)

http://files.newsnetz.ch/story/1/3/9/13934115/20/teaserbreit.jpg?1311664790 (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Eine-persoenliche-Niederlage-fuer-Oswald-Gruebel/story/13934115) Mit dem heutigen Ergebnis muss der UBS-Chef seine ehrgeizigen Pläne endgültig begraben. Eine Folge sind jetzt harte Einschnitte bei der Grossbank. Mehr... (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Eine-persoenliche-Niederlage-fuer-Oswald-Gruebel/story/13934115)

Aktualisiert vor 9 Minuten

....la vie est dure.....:schwitz

lunar
26.07.2011, 09:28
Some Discussion on the Manufactured US Debt Crisis (http://jessescrossroadscafe.blogspot.com/2011/07/some-discussion-on-manufactured-us-debt.html)

I think this is an interesting discussion and worth a listen.

I agree with quite a bit of it. I could be wrong, but I do not think that the Obama Administration has willfully passed up a few convenient ways to circumvent this debt ceiling impasse, two of which were relatively doable, and the last being a 'little more radical.' I looked into each one and they all appeared to be risky and improbable of success.

Invoking the 14th Amendment to nullify the debt ceiling would undoubtedly provoke a Constitutional challenge by the Republicans. It would go to the Supreme Court and would likely be overruled there after generating considerable uncertainty, given the current makeup of the court. The debt ceiling has been in place for a long time, since 1917 as I recall, and it would not be easily dispensed. I do think it is a bad law, and should be nullified, but by legislation, not by the judiciary and not in a crisis of this sort.

Selectively defaulting on Treasury debt being held by the Fed is also probably a non-starter because the ratings agencies have said that this would be considered a default, and would trigger a CDS event. Selectively defaulting even if the Fed agreed would be a far-reaching event. I did consider some action by the Fed to write off the debt on its own accord, but I don't see that happening as it would appear to be overtly partisan. This is more an artificial political fight than a genuine financial crisis. If you don't understand this, you are not understanding the ebb and flow of the drama.

As for the third alternative, slightly more complex, it involves the Mint creating a falsely valued asset, like a trillion dollar platinum coin, and selling it to the Fed at face value. The Constitutionality of this would also be challenged, as it would be a form of fraud and pure money printing. I think it is much more awkward than having the Fed just buy more Treasury debt in the open market and send the interest back to Washington, ex expenses, which they already do. But that does not help with the debt ceiling.

There is a possibility that Obama could resort to Executive Order after the deficit ceiling deadline passes, but that would be a very clumsy political maneuver. It will be interesting to see if the CDS are triggered, in which case the government may have to nationalise some of the banks. Hardly a desirable outcome.

So I don't see a viable solution in any of these three suggestions, and view them as being clever, without being practical. Just as political people rarely understand the finer points of economics, so the economists rarely understand the finer points of Washington politics.

I hasten to add at this point that Yves is far more knowledgeable in the financial area than I am, and I have the utmost respect for her. She has knowledge and integrity, which are rare commodities to find in combination these days. I do not want this to be viewed as a criticism in general, but it is an important point since some do believe in these alternatives, and they did seem to play into some of her later thinking. Yves has probably forgotten more about finance than I know, and her book is an absolute gem and a must read.

I struggle with the question of Obama's motives, that he always wanted to cut entitlements. I don't agree with this based on what I have seen, although it is difficult to assess someone's motives. I think this theory is weakened because there really is not any 'easy way out' yet shown, and the House Republicans are hardly allies of Obama. In fact, they have shown a determination to make this a political event, and to stretch it out if possible into the 2012 elections.

I cannot imagine that he wants this, and if anything has been bending over backwards to try and avoid it. He is a compromiser, non-confrontational, and although one would like to think that there is a method to his madness, and there may well be, in fact we just don't know what his motives are. I suspected he was positioning the Republicans to take the blame, but the excesses and extortion are their own. Like Clinton, he is trying to force them to eat the consequences of their actions. Hence the exaggerated gestures of compromise to look reasonable. He could be sincere, but since politicians rarely are I would not count on it.

The Republican right and the financiers are indeed looking like extortionists, as they mention in this video, and setting up opportunities to threaten the operational integrity of the country in order to get their way, in support of ideas not accepted by the majority of the people. They can obstruct, they can use the threat of damage, but they cannot win by normal means because they are a minority. But since they are an ideological minority they are willing to use methods not usually considered appropriate, and that are dangerous and potentially destructive.

This debt ceiling 'crisis' is not an aberration but a recognizable modus operandi from the new Right's playbook, cutting taxes for the wealthy, and then declaring a financial crisis, and seeking to gut social and popular policies and laws and organizations which the monied interests oppose. It is using crisis to circumvent the political process. This is being done at the state level in Wisconsin and New Jersey, for example.

I was involved with politics on the periphery, and did some work in Washington years ago. I don't have any inside knowledge or insights anymore, but I like to think I am seasoned enough to figure out what is going on. And I don't think it is honorable or in the best interests of the country.

n_yAh27O4jA&feature

Posted by Jesse at 3:44 PM :verbeug
(http://jessescrossroadscafe.blogspot.com/2011/07/some-discussion-on-manufactured-us-debt.html)

lunar
26.07.2011, 09:57
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
All Hell Breaking Loose In FX On Reports Of Possible Blast In Macau (http://www.zerohedge.com/news/all-hell-breaking-loose-fx-reports-possible-blast-macau)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/25/2011 - 22:13

Following the two theatrical speeches eaelier, we are absolutely nowhere closer to a resolution now than we were 2 hours ago. Perhaps this is why the market is not too happy and as of minutes ago, the USDJPY tumbled to new all time lows (except for that illiquid print from March 17) of 77.89, with the market set to test Noda's repeated bluster that he will finally do something against the "one way Yen." We are not holding out breath. And to confirm that a perfect storm of sorts is on the horizon, adding to the increasing illiquidity in the US and Europe, is the news out of China that 7 day repo rates just surged by 160 bps overnight, the most since July 5, to 6.80%, as the market awaits the selling of CNY 1 billion in 1 year bonds at 10 am Chinese time. If $155 MM of a liquidity outflow can move the needle in China by almost 2%, then we are in deep trouble. Update: the BOJ may have just intervened. Just look at that chart. Update 2: perhaps not an intervention as we are now getting reports that Macau has been hit by a blast according to Xinhua




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435740+--+From+ZeroHedge:+All%20Hell%20Breaking%20Loose%20In%20FX%20On%20Reports%20Of%20Possible%20Blast%20In%20Macau)
Comments: 179 (http://www.zerohedge.com/news/all-hell-breaking-loose-fx-reports-possible-blast-macau#comments)
New Comments:
Reads: 9,985
.
Mon, 07/25/2011 - 22:33 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/all-hell-breaking-loose-fx-reports-possible-blast-macau#comment-1493098) BoNeSxxx (http://www.zerohedge.com/users/bonesxxx) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-51163.jpg (http://www.zerohedge.com/users/bonesxxx)
Blast at Golden Dragon Hotel. 13 injured. No reported deaths... yet.



Mon, 07/25/2011 - 22:47 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/all-hell-breaking-loose-fx-reports-possible-blast-macau#comment-1493152) Illya Kuryakin (http://www.zerohedge.com/users/illya-kuryakin) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-15289.jpg (http://www.zerohedge.com/users/illya-kuryakin)
And that's causing all hell to break loose in the currency markets?
Hysterical.


:rolleyes

lunar
26.07.2011, 09:57
13 injured in suspected gas blast in Macao

English.news.cn (http://www.xinhuanet.com/english2010/) 2011-07-26 10:28:57

MACAO, July 26 (Xinhua) -- At least 13 people were injured in a suspected gas explosion in a resteraunt in the Centro Internacional De Macau on early Tuesday morning, firefighers said. Seven of the eight people who were injured and sent to hospitals have been discharged, the firefighters added.......

full story: http://news.xinhuanet.com/english2010/china/2011-07/26/c_131009947.htm

lunar
26.07.2011, 10:03
Am Ende jedes Regenbogens wartet ein Topf voller Gold: Motorradfahrer Alvaro Bautista aus Spanien hat es offensichtlich besonders eilig, als Erster den Schatz zu entdecken. Doch was hier nach einem märchenhaften Naturschauspiel aussieht, sind nur verschwommene Werbebanden beim Warm-Up des MotoGP beim Großen Preis der USA.

25.07.2011 - Augenblick - Farbflitzer

http://www.spiegel.de/sport/sonst/0,1518,776532,00.html

lunar
26.07.2011, 13:04
US-Dollar fällt erstmals unter 80 Rappen :mad

26.07.11, 09:12

Am Dienstag ist der US-Dollar zum ersten Mal in seiner Geschichte - wenn auch nur für einen kurzen Moment - unter den Wert von 0,80 Franken gefallen. mehr » (http://www.cash.ch/news/topnews/usdollar_faellt_erstmals_unter_80_rappen-1059873-771)

http://www.swissquote.ch/sq_mi/IntradayChartServlet?w=620&h=440&isin=CCXUSDXCHFXX&currency=CHF&exchangeId=-2&frequence=live&period=&from=&to=&&c1=&c2=
(http://www.cash.ch/news/topnews/usdollar_faellt_erstmals_unter_80_rappen-1059873-771)

lunar
26.07.2011, 13:40
Neue Chefs für die Deutsche Bank

Ein Inder für die Zahlen, ein Niedersachse für die Politik (http://www.spiegel.de/wirtschaft/unternehmen/0,1518,776546,00.html)

Das Duo könnte unterschiedlicher nicht sein: Der Aufsichtsrat der Deutschen Bank hat entschieden, dass der Inder Anshu Jain und der Niedersachse Jürgen Fitschen das wichtigste Finanzinstitut der Republik künftig gemeinsam führen sollen. Woher kommen die beiden Neuen, was zeichnet sie aus? Von Stefan Kaiser mehr... (http://www.spiegel.de/wirtschaft/unternehmen/0,1518,776546,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40541) ]

lunar
26.07.2011, 13:52
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Soros To Return $1 Bilion Capital To External Investors To Avoid Registering His $25 Billion Hedge Fund (http://www.zerohedge.com/news/soros-return-1-bilion-capital-external-investors-avoid-registering-his-25-billion-hedge-fund)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/26/2011 - 07:29 Bank of England (http://www.zerohedge.com/category/tags/bank-england) Blackrock (http://www.zerohedge.com/taxonomy/term/7881) British Pound (http://www.zerohedge.com/category/tags/british-pound) Capital Markets (http://www.zerohedge.com/category/tags/capital-markets) George Soros (http://www.zerohedge.com/category/tags/george-soros) Securities and Exchange Commission (http://www.zerohedge.com/category/tags/securities-and-exchange-commission) Sovereign Debt (http://www.zerohedge.com/category/tags/sovereign-debt) Bloomberg reports that George Soros will return client capital, and will focus exclusively on managing his own and his family's money, apparently in an indirect protest against the reporting hedge fund requirement of Dodd Frank. Since the capital in question is only about $1 billion of $25.5 billion, this is hardly the big move some are making it out to be, as the bulk of Soros Fund Management is already primarily funded by his own money. Also notable, is that Keith Anderson, the company's COO, has decided to depart. But yes: for all those who wished they could have given money to Soros to manage for them, it is now too late. As for the reason for the change: "Soros’s sons said they took the decision because new financial regulations would have made it necessary for the firm to register with the Securities and Exchange Commission by March 2012 if it continued to manage money for outsiders. Because the firm has overseen mostly family assets since 2000, when outside money accounted for about $4 billion, they decided it made more sense to run it as a family office, according to the letter." Expect to see many more hedge funds based on family capital, for whom external investors are merely a nuisance, do the same thing.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435748+--+From+ZeroHedge:+Soros%20To%20Return%20$1%20Bilion%20Capital%20To%20External%20Investors%20To%20Avoid%20Registering%20His%20$25%20Billion%20Hedge%20Fund)
Comments: 3 (http://www.zerohedge.com/news/soros-return-1-bilion-capital-external-investors-avoid-registering-his-25-billion-hedge-fund#comments)
New Comments:
Reads: 297
.
Tue, 07/26/2011 - 07:39 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/soros-return-1-bilion-capital-external-investors-avoid-registering-his-25-billion-hedge-fund#comment-1493844) Dr. Engali (http://www.zerohedge.com/users/dr-engali) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-28995.jpg (http://www.zerohedge.com/users/dr-engali)
Philanthropy makes him happy? I wonder how he feels about the burdens he put on people with his currency destruction?

lunar
26.07.2011, 14:01
....noch ein comment zum vorherigen Soros-Posting :oo

Tue, 07/26/2011 - 07:48 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/soros-return-1-bilion-capital-external-investors-avoid-registering-his-25-billion-hedge-fund#comment-1493856) HL Shancken (http://www.zerohedge.com/users/hl-shancken) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-31884.jpg (http://www.zerohedge.com/users/hl-shancken)

The Case of George Soros

By Honza Malina

Early life

George Soros was born in Hungary on August 12, 1930. According to his biography Soros was taught Esperanto language by his father who was a lawyer and doctor. It is important to notice that according to some sources Tivandar Soros [alias Teodoro Schwartz alias Teo Melas (search)] was a POW in Bolshevik Gulag in Siberia after the 1917 October Revolution as he probably somewhat participated in the opposition, but the sources are unclear about that. [Of course this would open a possibility to recruit such people - and cases have been known......]

George Soros as a young man traded currencies on the black market during the Nazi occupation of Hungary. Soros lived there until 1946 when he left the country as it was under the Soviet occupation and he, without money and at age of 16, ended up in London, U.K. in 1947. According to claims Soros has made, he left his native Hungary because of the Soviet occupation.

Well, well, well .......

Simply said this must be explained to the American public because these facts are not possible to be true under any normal circumstances. Soros admits to trade currencies on black market but that was always punishable by death during the Nazi era in any occupied country. Also what is important is the allegation that Soros family collaborated with the Hungarian Nazi regime during the WW2.

That would make the whole family [no doubt] a target of reprisals from the victims of the Nazi regime and the occupying Soviet forces would treat Soros´s family very harshly [most of the high level Nazi collaborators were hanged]. The only way out of this would be an agreement to co-operate with the GRU Soviet [Russian] military intelligence or perhaps also with the NKVD [later KGB] espionage.

Young George was able to leave the country, he was able to make it through countless Red Army check points, without a passport that would be valid, without a Soviet approved permit to leave the country, without money and without any outside help.

Soros was not only able to "pass through" these check points but he was able to cross the border to Austria, where the Red Army was also present at the time, and Soros was able to get through the Red Army check points in Austria and "defect" to the West all the way to London, U.K. Un-parallel achievement and because of my personal experiences as a political refugee who had to go through some difficulties escaping the communist oppression, I know what I´m talking about.

I don´t know how this Soros´s "life story" sounds to anybody but this is impossible to happen unless George had a permit and proper Soviet approved passport because if he was so brave to try to run these check points he would´ve been shot dead on a spot by the communists.

His stay in the U.K. and his 1947 enrolment to London School of Economics, and to be able financially support himself during that time, with no mentioned help or financial backing, and to be able to graduate in 1952 at that young age, this all gives me chills where I missed my own opportunities and how come I wasn´t able to be so "fortunate" and to have such "miraculous achievements" in my life.

Soros, after a brief period of working in financial services in U.K., was able to start his own financial institution. What an achievement again. No money at all from the beginning and after just a few years he´s got his own financial company. That requires starting capital, these ventures don´t come easy, these are not hamburger stands but virtual banks with lot of money inside - who supplied the money to Soros or has he won a huge jackpot in Britain ?

Please keep reading, it only gets thicker and better.



2. Tue, 07/26/2011 - 07:54 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/soros-return-1-bilion-capital-external-investors-avoid-registering-his-25-billion-hedge-fund#comment-1493865) HL Shancken (http://www.zerohedge.com/users/hl-shancken) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-31884.jpg (http://www.zerohedge.com/users/hl-shancken)
When George Soros showed up in Prague in 1997 to celebrate the 20th anniversary of Charter 77, he was all for Perestroika and he was praising the false dissident and alleged GRU agent Havel and his friends as the "saviors of democracy" in Czechoslovakia.

It was Soros in his own work who stated that he was present at the meeting in Prague on December 14, 1989 [a month after the "collapse of communism" in CZ and with communists still running the government] where Soros, Janouch, Karel Jan Schwartzenberg [then Chairman of the International Helsinki Human Rights Commission and later Vaclav Havel´s Chief of Staff] met with Czechoslovak newly appointed Prime Minister, a communist and allegedly KGB and STB agent Marian Calfa [who was till then the deputy PM during the openly communist era and remained as CZ Prime Minister under the appointed president Havel till 1992 !!!] and Calfa thanked Soros for everything he´s done for the country.

A communist thug thanks an American ´capitalist´ for helping to collapse the communist regime ?

Another detail about this fraud involves in 1984 uncovered KGB agent inside the CIA Karel Koecher, who, after his deportation from the United States and swift return to the communist Czechoslovakia, started working for the Prognosis Department of the Czechoslovak Academy of Sciences [Koecher was working there with the today´s Czech Republic president Vaclav Klaus - allegedly his real last name is Russian - Pruzhinskiy, and with the boss of this in fact STB communist espionage directorate Walter Komarek - a personal friend of Ernesto Che Guevara, and with others from the today Czech Republic´s government], and after the so called collapse of communism KGB agent Koecher became Deputy Advisor to president Havel. When this scandal was uncovered, Havel´s people promptly covered it up.

I am simply stunned how these kind of details are not understood by the West as what they are - a communist deception organized and prepared 30 plus years in advance by Moscow.

In case of Poland, we know that Solidarity was an Union and as such its leadership had to be members of the Communist Party ONLY [or communist agents]. Soros was allegedly helping the CIA to secretly finance the Solidarity, when the secret pact between the Pope John Paul II and unsuspecting [deceived] Ronald Reagan was established, and the later uncovered Polish communist agent Lech Walesa [code name BOLEK] and his "independent" Union were able to receive Soros´s money and help, through channels communists would normally shut down in matter of hours. Wow !

In his work Soros recollects about his 1989 Prague meeting with Calfa and says the following:

Together with Prince Karel Schwartzenberg [GRU used many times his Schwartzenberg Palace in Vienna, Austria for secured meetings - according to work of GRU defector Viktor Suvorov - HM note] we went to see Marian Calfa, who was then acting president. It was meant to be a courtesy visit but it turned into a moving occasion. Calfa opened his heart. He said that the last three weeks had really shaken his view of the world. He had not realized how far out of touch his party was with reality. He had had an intimate conversation with Jiri Dienstbier, the former political prisoner and newly-appointed Foreign Minister, and that is when he found out that dissidents´ children had been regularly denied the right to be educated in Czechoslovakia. (Dienstbier´s daughter had managed to get to Switzerland.) He was deeply ashamed and determined to establish democracy in Czechoslovakia. We all agreed that it was imperative to have Vaclav Havel elected president by the present rubber-stamp parliament; to organize a plebiscite would delay matters and create uncertainties. Havel as president would consolidate the "gentle revolution." Unfortunately, the leaders of the party do not agree with me but, as acting president, I have certain prerogatives and I intend to use them,´ he said. He sounded genuine and we were impressed. It was an unbelievable situation: the head of an apparatus of repression which only a few weeks ago hit students on the head voluntarily abdicating in favor of a dissident without an organization who would have trouble winning a plebiscite.

There are several lies in this statement. Calfa was never a president but a Prime Minister, he changed positions after he was for some years the Deputy PM in the communist Czechoslovakia.

...da sag ich auch mal ---> well, well, well :rolleyes

lunar
26.07.2011, 16:25
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Government Unemployment Watch: USPS To Close Up To 3,700 Post Offices (http://www.zerohedge.com/news/government-unemployment-watch-usps-close-3700-post-offices)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/26/2011 - 09:54 Post Office (http://www.zerohedge.com/category/tags/post-office) Unemployment (http://www.zerohedge.com/category/tags/unemployment) Wall Street Journal (http://www.zerohedge.com/category/tags/wall-street-journal) The problem with bloated central planning is that when austerity hits, the bloat goes away, and millions of government employees suddenly find themselves trying to enter the private sector, realizing they have absolutely no real competitive and marketable skills (more or less like investment bankers and hedge fund managers). And while America has yet to even remotely sniff austerity, the unemployment rate is already set to spike, after the USPS just announced it was preparing to close 3,653 out of its 32,000 total post office sites. Per UPI: "The U.S. Postal Service is expected to announce a plan to close 3,653 post offices, mostly in small communities, in a cost-cutting measure, officials said. A USPS spokeswoman said the post offices were chosen because they get the "least amount of foot traffic and retail sales," The Wall Street Journal reported Monday." Trust the bureaucrats to try spinning this bad news as good: "They also were selected because there may be local businesses that could provide some postal services to the community, spokeswoman Sue Brennan said." Well by that logic there are private businesses that cover every aspect of the government's "job" much better, and much more efficiently, up to and including that of the Fed (sorry, that already is private). Does that mean we should outsource every aspect of the bloated centrally planned economy that America has become? Of course the answer is yes, but that just does not jive with the current iteration of kleptofascist socialism.




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435757+--+From+ZeroHedge:+Government%20Unemployment%20Watch:%20USPS%20To%20Close%20Up%20To%203,700%20Post%20Offices)
Comments: 35 (http://www.zerohedge.com/news/government-unemployment-watch-usps-close-3700-post-offices#comments)
New Comments:
Reads: 912
.
Hmm... (http://www.zerohedge.com/users/hmm-0) (Total Score:1) http://www.zerohedge.com/sites/all/themes/images/bagicon.png (http://www.zerohedge.com/users/hmm-0)
Yes, cutting all these jobs will definitely help the economy greatly. You see... people without jobs spend... uh... I guess more.

Does that mean we should outsource every aspect of the bloated centrally planned economy that America has become? Of course the answer is yes,

Yes, yes. the tired old diatribe of the "government is evil" brigade. Because we saved SO much money when we outsourced our Wars to Halliburton, didn't we? Yes... each "contractor" supplied by Halliburton is FAR FAR cheaper to the American than those greedy Soldiers... yes? oh, wait... Halliburton contractors cost up to 5x what a soldier doing the same thing does? well... at least Halliburton is efficiently robbing us blind.

Kleptofacism is alive and well... but I hardly think it was the US postal service that has added much to our current debt, nor Social Security (which has added ZERO to our current debt). let's just crush the parts of our government that actually do work pretty darn well, and give a pass to the true kleptocracy... Big Ag, Big Oil, Big Finance, and Big War.


....die Mehrzahl meint zwar die Post in dieser Form sei überflüssig :rolleyes eine effiziente Post sollte sich doch (fast) selber tragen :confused:rolleyes

lunar
26.07.2011, 16:33
Private funeral for Amy Winehouse (http://www.guardian.co.uk/music/2011/jul/26/amy-winehouse-private-funeral)



Last updated two minutes ago

lunar
26.07.2011, 16:35
Norwegischer Massenmörder

Anwalt bezeichnet Breivik als geisteskrank (http://www.spiegel.de/panorama/0,1518,776701,00.html)

Er wähnt sich im Krieg und hält seine Tat für notwendig: Der norwegische Attentäter Anders Breivik ist nach Einschätzung seines Anwalts vermutlich geisteskrank. Zudem habe er sich vor dem Doppelanschlag mit Drogen aufgeputscht. mehr... (http://www.spiegel.de/panorama/0,1518,776701,00.html) [ Video (http://www.spiegel.de/video/video-1140204.html) | Forum (http://forum.spiegel.de/showthread.php?t=40557) ]

....na dann braucht er sicher besonders aufwendige Pflege :dumm :gomad

lunar
26.07.2011, 16:47
Jon Stewart Compares Debt Ceiling Fight To A Bad Breakup (http://www.huffingtonpost.com/2011/07/26/jon-stewart-debt-ceiling-bad-breakup_n_909464.html)

Video: http://www.thedailyshow.com/watch/mon-july-25-2011/armadebtdon-2011---nonfiction-captain-america

Monday July 25, 2011 (http://www.thedailyshow.com/watch/mon-july-25-2011/armadebtdon-2011---nonfiction-captain-america)
Armadebtdon 2011 - Nonfiction Captain America
When it comes to resolving the debt ceiling crisis, Congress isn't bad at its job, it's just equivalent to a skunk with its head in a jar of Skippy peanut butter.

lunar
26.07.2011, 18:08
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Summarizing Boehner's Latest TV Appearance (http://www.zerohedge.com/news/summarizing-boehners-latest-tv-appearance)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/26/2011 - 10:56 Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) Rating Agencies (http://www.zerohedge.com/category/tags/rating-agencies) Less than an hour ago, Boehner had another TV appearance discussing his proposed plan. Judging by the networks' reaction even the general population is getting exhausted with this neverending soap. So here, courtesy of Bloomberg All, are the summary points he touched on. Nothing notable except for his assumption that the plan has a chance of passing both the House and the Senate, and that the house may vote on his plan as soon as Wednesday.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435760+--+From+ZeroHedge:+Summarizing%20Boehner%27s%20Latest%20TV%20Appearance)
Comments: 95 (http://www.zerohedge.com/news/summarizing-boehners-latest-tv-appearance#comments)
New Comments:
Reads: 2,779
.
Tue, 07/26/2011 - 11:03 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/summarizing-boehners-latest-tv-appearance#comment-1494406) Boilermaker (http://www.zerohedge.com/users/boilermaker) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-8074.jpg (http://www.zerohedge.com/users/boilermaker)
Sorry, but that guy should be an Assistant Manager at a Wal-Mart and not the Speaker of the House of Representatives. I can't believe that he's even in that position. He doesn't even have the basic and necessary horsepower and intellect for the job yet alone the ability to speak. Let someone else in the Republican party lead their cause.
My god...between Obama and this guy we are truly f'ed.

Tue, 07/26/2011 - 11:04 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/summarizing-boehners-latest-tv-appearance#comment-1494416) Iriestx (http://www.zerohedge.com/users/iriestx) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-50455.png (http://www.zerohedge.com/users/iriestx)
In all fairness, clueless asshole idiots like these two really do accurately represent the bulk of American voters.

Tue, 07/26/2011 - 11:09 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/summarizing-boehners-latest-tv-appearance#comment-1494445) Boilermaker (http://www.zerohedge.com/users/boilermaker) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-8074.jpg (http://www.zerohedge.com/users/boilermaker)
I'm not sure I can agree with that. I think most Americans, if they can pull themselves from being blinded by the partisan weeds, can admit that there are some serious shit-for-brains in both parties. I'm talking basic intelligence.
But, to be fair, I interact with Germans every day also and the view of their own Berlin dipshits is equally nasty.

Tue, 07/26/2011 - 11:10 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/summarizing-boehners-latest-tv-appearance#comment-1494456) Iriestx (http://www.zerohedge.com/users/iriestx) (Total Score:1)
http://www.zerohedge.com/sites/default/files/pictures/picture-50455.png (http://www.zerohedge.com/users/iriestx)
Unfortuately 90% of the voting populace is unable to meet that 'if' condition.

...überall die gleiche Begeisterung für die (gewählten :rolleyes) Politiker :oo

lunar
26.07.2011, 22:19
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Market Gets Indigestion Into Close As Stocks Close At Lows Of The Day (http://www.zerohedge.com/news/market-gets-indigestion-close-stocks-close-lows-day)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/26/2011 - 16:00 Crude (http://www.zerohedge.com/category/tags/crude) Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/Quad.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/Quad.jpg)

While it is unclear if something said in the Paul-Hoenig hearing is what spooked the market, one thing is clear: something spooked the market. As of a few minutes ago, with an increasing average block size, the ES has just slid to fresh lows after levitating almost in the green earlier. Oddly enough the sell off in stocks is not being replicated anywhere else, as both the DXY, the 10 Year and Crude are all at levels last seen at the start of the sell off. Are stocks, with just 2 days to go until Thursday, finally starting to get tired of pretending that all is well with America? And while the dump accelerates we are awaiting the inevitable headline from Boehner in which he will make it all too clear that he refuses to compromise with a president who has threatened a preemptive veto on his "debt ceiling" plan. The soap opera is once again up front and center.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435776+--+From+ZeroHedge:+Market%20Gets%20Indigestion%20Into%20Close%20As%20Stocks%20Close%20At%20Lows%20Of%20The%20Day)
Comments: 13 (http://www.zerohedge.com/news/market-gets-indigestion-close-stocks-close-lows-day#comments)
New Comments:
Reads: 752

lunar
26.07.2011, 22:24
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
The Cost Of A US Downgrade: $100 Billion Per Year, Offsetting All Deficit "Reduction" Efforts (http://www.zerohedge.com/news/cost-us-downgrade-100-billion-year-offsets-deficit-reduction-efforts)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/26/2011 - 14:42 Ben Bernanke (http://www.zerohedge.com/category/tags/ben-bernanke) Bond (http://www.zerohedge.com/category/security-name/bond) Borrowing Costs (http://www.zerohedge.com/category/tags/borrowing-costs) Central Banks (http://www.zerohedge.com/category/tags/central-banks) Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) default (http://www.zerohedge.com/taxonomy/term/7) fixed (http://www.zerohedge.com/category/security-name/fixed) Global Economy (http://www.zerohedge.com/category/tags/global-economy) JPMorgan Chase (http://www.zerohedge.com/category/tags/jpmorgan-chase) Recession (http://www.zerohedge.com/category/tags/recession) Reuters (http://www.zerohedge.com/category/tags/reuters) Securities Industry and Financial Markets Association (http://www.zerohedge.com/category/tags/securities-industry-and-financial-markets-association) SIFMA (http://www.zerohedge.com/category/tags/sifma) Earlier today, while discussing the implications of a US debt downgrade on a SIFMA call, JPM head of fixed-income Terry Belton told listeners that a US downgrade could cost the US an additional 60-70 bps in incremental interest. That's per year. He also added that US asset managers are unlikely to sell Treasurys on a downgrade, but that's irrelevant. Nobody can predict what all the knock off events from a US downgrade would be, as the Citi presentation from yesterday indicated. Should there be a downgrade, investors may not sell Treasurys, but they sure will be forced to sell other lower rated instruments to keep the overall rating distribution of their portfolio in line with mandated rating requirements. Which in turn, following margin calls, will result in, you guessed it, selling of Treasurys. Yet this debate is the topic of another post. What is more important is that on the same call, Belton said that a 70 bps increase in interest would result in an incremental $100 billion in interest expense each year. As a reminder, this is roughly the amount that the NPV of a realistic deficit reduction plan over 10 years would chop off from the US deficit on a yearly basis. Simply said: the US downgrade alone, now virtually taken for granted by everyone, will offset any beneficial impact from any deficit reduction that will have to happen for the debt ceiling to be increased. And that, ladies and gentlemen, is why cash flows matters.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435771+--+From+ZeroHedge:+The%20Cost%20Of%20A%20US%20Downgrade:%20$100%20Billion%20Per%20Year,%20Offsetting%20All%20Deficit%20%22Reduction%22%20Efforts)
Comments: 56 (http://www.zerohedge.com/news/cost-us-downgrade-100-billion-year-offsets-deficit-reduction-efforts#comments)
New Comments:
Reads: 1,711

lunar
26.07.2011, 22:30
TIME TO MAN UP (http://www.huffingtonpost.com/2011/07/26/christine-lagarde-imf-debt_n_909595.html)
IMF Chief Says U.S. Must Raise Debt Ceiling, Warns Of Threat To World Economy (http://www.huffingtonpost.com/2011/07/26/christine-lagarde-imf-debt_n_909595.html)


LIVE UPDATES: (http://www.huffingtonpost.com/2011/07/22/debt-ceiling-talks-collapse_n_907446.html) McConnell: Reid's Plan 'Should Be Defeated'.. House 'Deluged By Calls' (http://www.huffingtonpost.com/2011/07/22/debt-ceiling-talks-collapse_n_907446.html)






Comments (72) (http://www.huffingtonpost.com/2011/07/26/christine-lagarde-imf-debt_n_909595.html#comments)
| Deficit (http://www.huffingtonpost.com/news/deficit)

lunar
26.07.2011, 22:30
Wirtschaft: 26. Juli 2011, 21:57

Obama droht mit Veto (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/schuldenstreit_usa_dollar_1.11641238.html)

http://www.nzz.ch/images/haendler_new_york_boerse_small_1.11641185.1311694488.jpg (http://www.nzz.ch/nachrichten/wirtschaft/aktuell/schuldenstreit_usa_dollar_1.11641238.html) Unsicherheit im Schuldenstreit drückt Dollar weiter – Märkte reagieren nervös

Bereits vor der geplanten Abstimmung über einen Gesetzesentwurf der Republikaner zur Lösung der Haushaltskrise hat Barack Obama sein Veto angekündigt. Der ungelöste Schuldenstreit in den USA hat erneut die Finanzmärkte belastet. ...

(http://www.nzz.ch/nachrichten/wirtschaft/aktuell/schuldenstreit_usa_dollar_1.11641238.html)

lunar
26.07.2011, 22:34
The US 'Debt Crisis' in One Picture (http://jessescrossroadscafe.blogspot.com/2011/07/us-debt-crisis-in-one-picture.html)

And the O-Man can be Aunty.
“Great occasions do not make heroes or cowards; they simply unveil them to the eyes of men. Silently and imperceptibly, as we wake or sleep, we grow strong or weak; and at last some crisis shows what we have become."

Brooke Foss Westcott
http://4.bp.blogspot.com/-kO-_NzlUDRU/Ti7itv8SD0I/AAAAAAAARVw/Ldvb2Cwk04U/s640/boehnerbartertown.JPG (http://4.bp.blogspot.com/-kO-_NzlUDRU/Ti7itv8SD0I/AAAAAAAARVw/Ldvb2Cwk04U/s1600/boehnerbartertown.JPG)


Posted by Jesse at 11:53 AM (http://jessescrossroadscafe.blogspot.com/2011/07/us-debt-crisis-in-one-picture.html) :verbeug

lunar
27.07.2011, 09:07
Republikaner verschieben Votum zum Schuldenstreit

27.07.11, 07:32

Nach parteiinterner Kritik haben die Republikaner die für heute geplante Abstimmung über einen Gesetzentwurf zur Lösung der Schuldenkrise in den USA verschoben. mehr » (http://www.cash.ch/news/topnews/republikaner_verschieben_votum_zum_schuldenstreit-1060236-771)

....diese Schmierenkomödie auf Kosten der Bevölkerung sollte wirklich mal ein Ende finden :mad

lunar
27.07.2011, 09:10
SP 500 and NDX Futures Daily Charts - VIX Calm Despite Lies and Hysteria (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-ndx-futures-daily-charts-vix_26.html)

I think the toughest trade might be to decide what to carry into the weekend.

I can't recall this amount of bare faced lying and misleadingly hysterical headlines in quite some time. Well, that's a currency and class war for you.

http://1.bp.blogspot.com/-MmYDb7mFEk0/Ti8ePRaw1TI/AAAAAAAARWk/l2lSLGrPi3E/s640/spfutuesdaily6.PNG (http://1.bp.blogspot.com/-MmYDb7mFEk0/Ti8ePRaw1TI/AAAAAAAARWk/l2lSLGrPi3E/s1600/spfutuesdaily6.PNG)

http://4.bp.blogspot.com/-UqWxLDRnHZA/Ti8eQM3mQFI/AAAAAAAARWo/hWFNxUm3QEE/s640/ndxdaily6.PNG (http://4.bp.blogspot.com/-UqWxLDRnHZA/Ti8eQM3mQFI/AAAAAAAARWo/hWFNxUm3QEE/s1600/ndxdaily6.PNG)

http://1.bp.blogspot.com/-sHzSVQFPamo/Ti8eRfnHFJI/AAAAAAAARWs/F1HxAiwpH8Y/s640/vix.png (http://1.bp.blogspot.com/-sHzSVQFPamo/Ti8eRfnHFJI/AAAAAAAARWs/F1HxAiwpH8Y/s1600/vix.png)

http://3.bp.blogspot.com/-CNzDnUSLJ9I/Ti8gngnS4aI/AAAAAAAARW8/9wHTHo3Bn4c/s400/elephant1.png (http://3.bp.blogspot.com/-CNzDnUSLJ9I/Ti8gngnS4aI/AAAAAAAARW8/9wHTHo3Bn4c/s1600/elephant1.png)

Posted by Jesse at 4:07 PM (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-ndx-futures-daily-charts-vix_26.html) :verbeug

lunar
27.07.2011, 09:14
26 July 2011

Monetary Aggregates - Dude, Where's My Deflation? Better Yet, My Job, Savings, Economy? (http://jessescrossroadscafe.blogspot.com/2011/07/monetary-aggregates-dude-wheres-my.html)

Plenty of money printing, and therefore money supply growth, but little of it is from organic expansion. Printing money in low growth environments creates asset bubbles and a top down wealth effect for the upper crust. It also facilitates speculation and fuels soft frauds.

The US economy is a broken machine, burdened by an oversized financial sector and policy failures abounding in taxation, trade, and regulation.

Unfortunately the governance failures have their roots in crony capitalism and a variety of white collar crimes, disinformation campaigns, and public ignorance, so they are going to be difficult to surmount.

The recurrence of evil, whether it be in physical or economic privation, never fails to surprise one with its lack of originality, if not its sheer banality. It is rarely elegant or complex, but merely dull and ignorant, a brutish force, self-centered, animalistic, and cruel. Beneath the surface the madness lurks, in dark places and hardened hearts, awaiting its hour to rise once again.
"The receptivity of the masses to information is very limited, their intelligence is small, but their power of forgetting is enormous. In consequence of these facts, all effective propaganda must be limited to a very few points and must repeat these until the lowest member of the public understands what you want him to understand by your slogans...The law of selection justifies this incessant struggle, by allowing the survival of the fittest. Christianity is a rebellion against natural law, a protest against nature. Taken to its logical extreme, Christianity would mean the systematic cultivation of the human failure."

Adolf Hitler
http://3.bp.blogspot.com/-7nwhDFNPgAI/Ti97dTv0LLI/AAAAAAAARXQ/fvzwr0kDzys/s640/amb.png (http://3.bp.blogspot.com/-7nwhDFNPgAI/Ti97dTv0LLI/AAAAAAAARXQ/fvzwr0kDzys/s1600/amb.png)

http://3.bp.blogspot.com/-TztlUrXXn3I/Ti97f7EiXvI/AAAAAAAARXU/aweHbx90kYs/s640/mzmbills.png (http://3.bp.blogspot.com/-TztlUrXXn3I/Ti97f7EiXvI/AAAAAAAARXU/aweHbx90kYs/s1600/mzmbills.png)

http://4.bp.blogspot.com/-nVMKwtWLH3k/Ti97g0oK5eI/AAAAAAAARXY/KnfvU5LWtiM/s640/m2bills.png (http://4.bp.blogspot.com/-nVMKwtWLH3k/Ti97g0oK5eI/AAAAAAAARXY/KnfvU5LWtiM/s1600/m2bills.png)

http://2.bp.blogspot.com/-41weHRcwXaA/Ti97jg9rviI/AAAAAAAARXg/oIqOuDTYeaM/s640/mzmvelocity.png (http://2.bp.blogspot.com/-41weHRcwXaA/Ti97jg9rviI/AAAAAAAARXg/oIqOuDTYeaM/s1600/mzmvelocity.png)

http://2.bp.blogspot.com/-XxCMLx1W0O0/Ti97n3x7nFI/AAAAAAAARXk/EgM4vR0M8uQ/s640/m1multipler.png (http://2.bp.blogspot.com/-XxCMLx1W0O0/Ti97n3x7nFI/AAAAAAAARXk/EgM4vR0M8uQ/s1600/m1multipler.png)


Posted by Jesse at 10:45 PM (http://jessescrossroadscafe.blogspot.com/2011/07/monetary-aggregates-dude-wheres-my.html) :verbeug

....ob es bemerkt wird auf was da zugesteuert wird :confused:rolleyes :dumm

lunar
27.07.2011, 09:31
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
As CBO Scores Boehner's (Laughable) Deficit Cut Plan, Jay Carney Admits Obama Still Does Not Have An Actual Plan (http://www.zerohedge.com/news/cbo-scores-boehners-laughable-deficit-cut-plan-jay-carney-admits-obama-still-does-not-have-actu)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/26/2011 - 18:21 Congressional Budget Office (http://www.zerohedge.com/category/tags/congressional-budget-office) Even as the Congressional Budget Office has just released its score (http://www.cbo.gov/ftpdocs/123xx/doc12336/HouseBudgetControlAct.pdf)of the proposed Boehner plan, the president's spokesman Jay Carney was out earlier hemming and hewing for about 9 minutes in front of reports before it was made clear that Obama does not even have an actual plan to paper which the CBO can score. Yet surprisingly enough, as the National Review Online presents, even without actually having any plan, Obama is still happy to announce he will veto Boehner's plan. It is one thing to veto one plan over another, if one believe the "another" is better. But vetoing something on purely ideological grounds, in the complete absence of "another"... well that we have no idea how it can possible be spun aside from pure ideological demagoguery.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435783+--+From+ZeroHedge:+As%20CBO%20Scores%20Boehner%27s%20%28Laughable%29%20Deficit%20Cut%20Plan,%20Jay%20Carney%20Admits%20Obama%20Still%20Does%20Not%20Have%20An%20Actual%20Plan)
Comments: 214 (http://www.zerohedge.com/news/cbo-scores-boehners-laughable-deficit-cut-plan-jay-carney-admits-obama-still-does-not-have-actu#comments)
New Comments:
Reads: 6,182
.:schwitz

lunar
27.07.2011, 09:53
THE “GREAT (MONETARY) RESET” WILL DESTROY CASH & MORE - Marc Faber (http://www.kingworldnews.com/kingworldnews/Broadcast/Broadcast.html)
Tuesday, July 26, 2011

listen:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/7/26_Dr._Marc_Faber.html

lunar
27.07.2011, 13:03
FED-Überprüfung: 16 Billionen Dollar an geheimen Bailouts

von Manuel Schmidt — veröffentlicht am 26.07.2011 um 18:55

Bei der ersten Prüfung der Federal Reserve durch die Finanzaufsicht des US-Kongresses wurden umwerfende 16 Billionen US-Dollar an geheimen Bailouts offengelegt. Das sind 16.000 Milliarden Dollar. Mit dieser Summe sind einige der größten Finanzinstitute und Unternehmen in den Vereinigten Staaten und auf der ganzen Welt finanziell unterstützt worden.
Die Überprüfung erfolgte auf Grundlage des „Dodd-Frank Acts“, ein amerikanisches Bundesgesetz, das im Juni 2010 von US-Präsident Barack Obama verabschiedet wurde. Das Gesetz steht in erster Linie für mehr Transparenz im Finanzsystem und ermöglichte eine erste Rechnungsprüfung der FED seit fast 100 Jahren. So wurde die Government Accountability Office (GAO), das überparteilichen Untersuchungsorgan des Kongresses der Vereinigten Staaten, damit beauftragt, die Notmaßnahmen zu untersuchen, die zwischen dem 01.12.2007 und dem 21.07.2010 vom Federal Reserve Board durchgeführt worden sind. Die ersten Ergebnisse wurden vor wenigen Tagen auf der Webseite des US-Senators Bernie Sanders veröffentlicht......

Die vollständige Liste finden Sie unter folgendem Link: http://www.scribd.com/doc/60553686/GAO-Fed-Investigation#outer_page_144

Der vollständige Rechnungsprüfungsbericht (Stand: 21. Juli 2011) über die Federal Reserve ist hier zu finden: http://www.scribd.com/doc/60553686/GAO-Fed-Investigation

ganzer Artikel: http://www.extremnews.com/berichte/wirtschaft/3f6e138bbfedaa7

lunar
27.07.2011, 13:20
Sozialprotest in Israel

Zorn der Mittelschicht trifft Netanjahu (http://www.spiegel.de/politik/ausland/0,1518,776796,00.html)

Eine neu entstandene Massenbewegung droht Benjamin Netanjahu gefährlich zu werden: Angesteckt vom arabischen Frühling protestieren Zehntausende Israelis gegen Mietwucher, Turbokapitalismus und soziale Ungerechtigkeit. Der Premier gelobt Besserung. Von Ulrike Putz, Jerusalem mehr... (http://www.spiegel.de/politik/ausland/0,1518,776796,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40623) ]

...ja die Mittelschicht - eigentlich das Fundament einer soliden Wirtschaft - aber an ihr wird überall in der Welt am meisten gesägt :mad

lunar
27.07.2011, 13:36
Politik: 27. Juli 2011, 12:06

Grossbritannien anerkennt libyschen Übergangsrat (http://www.nzz.ch/nachrichten/politik/international/grossbritannien_anerkennt_uebergangsrat_der_rebellen_1.11655812.html)

http://www.nzz.ch/images/flagge_libyen_small_1.11656738.1311764755.jpg (http://www.nzz.ch/nachrichten/politik/international/grossbritannien_anerkennt_uebergangsrat_der_rebellen_1.11655812.html) Diplomaten Ghadhafis des Landes verwiesen

(http://www.nzz.ch/nachrichten/politik/international/grossbritannien_anerkennt_uebergangsrat_der_rebellen_1.11655812.html)Grossbritannien hat den libyschen Übergangsrat der Rebellen offiziell anerkannt. Aussenminister William Hague sagte, Grossbritannien werde eingefrorenes Vermögen des Regimes von Machthaber Muammar al Ghadhafi in Höhe von 91 Millionen Pfund freigeben, um den Rat zu unterstützen.

...

....na hoffentlich hilft das weiter :rolleyes




(http://www.nzz.ch/nachrichten/politik/international/grossbritannien_anerkennt_uebergangsrat_der_rebellen_1.11655812.html)

lunar
27.07.2011, 15:01
Deutsche haben Angst vor Euro-Aus (http://www.extremnews.com/nachrichten/wirtschaft/18b3138bfa47883)

(http://www.extremnews.com/nachrichten/wirtschaft/18b3138bfa47883)Ein Großteil der Deutschen hat Angst vor einem Scheitern des Euros. Laut einer Umfrage des Marktforschungsunternehmens Toluna im Auftrag der Kommunikationsagentur Faktenkontor befürchten 44 Prozent der Befragten, dass die Euro-Zone zusammenbricht und der Euro scheitert......
......32 Prozent der Deutschen denken darüber nach, ihre Ersparnisse künftig in Gold anzulegen :eek Wie eine Forsa-Umfrage im Auftrag des Magazins "Stern" zeigte, ziehen mit 41 Prozent besonders stark die Jüngeren eine Anlage in Gold in Betracht. Aber auch für 40 Prozent der 30- bis 44-Jährigen stellt Gold eine alternative Anlageformen dar. Unter den Älteren ab 60 Jahren würden nur 22 Prozent in Gold investieren.
Weiter ... (http://www.extremnews.com/nachrichten/wirtschaft/18b3138bfa47883)

27.07.2011 13:35

lunar
27.07.2011, 15:13
:thanx Hawkeye (http://www.goldismoney2.com/member.php?51-Hawkeye)

lunar
27.07.2011, 15:18
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Is It That Time Again? Military Conducting Training Exercises In And Around Boston (http://www.zerohedge.com/news/it-time-again-military-conducting-training-exercises-and-around-boston)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/27/2011 - 08:59 Sooner or later it was inevitable (http://www.cityofboston.gov/news/Default.aspx?id=5212). Next up: the "tea party" lives up to its true name.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435797+--+From+ZeroHedge:+Is%20It%20That%20Time%20Again?%20Military%20Conducting%20Training%20Exercises%20In%20And%20Around%20Boston)
Comments: 28 (http://www.zerohedge.com/news/it-time-again-military-conducting-training-exercises-and-around-boston#comments)
New Comments:
Reads: 1,693
.
Wed, 07/27/2011 - 09:04 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/it-time-again-military-conducting-training-exercises-and-around-boston#comment-1497274) dick cheneys ghost (http://www.zerohedge.com/users/dick-cheneys-ghost)
http://www.zerohedge.com/sites/all/themes/images/bagicon.png (http://www.zerohedge.com/users/dick-cheneys-ghost)
I THOUGHT WE WERE BROKE?


Wed, 07/27/2011 - 09:05 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/it-time-again-military-conducting-training-exercises-and-around-boston#comment-1497277) the not so migh... (http://www.zerohedge.com/users/not-so-mighty-maximiza)
http://www.zerohedge.com/sites/default/files/pictures/picture-19458.jpg (http://www.zerohedge.com/users/not-so-mighty-maximiza)
make sure to have your papers in order


Wed, 07/27/2011 - 09:07 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/it-time-again-military-conducting-training-exercises-and-around-boston#comment-1497279) magpie (http://www.zerohedge.com/users/magpie)
http://www.zerohedge.com/sites/default/files/pictures/picture-51933.jpg (http://www.zerohedge.com/users/magpie)
Bank runs won't be that easy with tanks standing in the way. :rolleyes


Wed, 07/27/2011 - 09:11 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/it-time-again-military-conducting-training-exercises-and-around-boston#comment-1497288) knukles (http://www.zerohedge.com/users/knukles)
http://www.zerohedge.com/sites/default/files/pictures/picture-6935.jpg (http://www.zerohedge.com/users/knukles)
Because a lot of mutual funds in Boston own treasuries with August coupon payment dates? Protect Boston from pissed off Chinese when treasury misses a payment?

lunar
27.07.2011, 15:27
Mehr Ferienanlage als Gefängnis (http://www.tagesanzeiger.ch/ausland/terror-in-norwegen/Mehr-Ferienanlage-als-Gefaengnis/story/29158630?dossier_id=996)

http://files.newsnetz.ch/story/2/9/1/29158630/52/teasersmall16x9.jpg?1311772737 (http://www.tagesanzeiger.ch/ausland/terror-in-norwegen/Mehr-Ferienanlage-als-Gefaengnis/story/29158630?dossier_id=996) Der Attentäter Anders Breivik wird seine Strafe möglicherweise in der Haftanstalt Halden südlich von Oslo verbüssen. Das modernste Hochsicherheitsgefängnis Europas ist für Kritiker ein Luxus-Knast. Mehr... (http://www.tagesanzeiger.ch/ausland/terror-in-norwegen/Mehr-Ferienanlage-als-Gefaengnis/story/29158630?dossier_id=996)

Aktualisiert um 14:09 Uhr 44 Kommentare (http://www.tagesanzeiger.ch/ausland/terror-in-norwegen/Mehr-Ferienanlage-als-Gefaengnis/story/29158630?dossier_id=996#kommentar)


karl eberhardt - 12:57 Uhr
Wiso braucht es dort Mauern? dort bricht doch keiner aus?? (http://%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0Antworten%20%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0)
Antonio Andreano - 13:56 Uhr
Das kam mir auch in den Sinn! :-)
Naja, gönnen wir es wenigstens den Wärtern, dass sie ein kleines Luxushotel bewachen dürfen. Das ist sicher stressfreier und angenehmer, als z.B. irgendwo in der norwegischen Tundra Strafgefangene zur Zwangsarbeit bringen zu müssen...

:rolleyes

lunar
27.07.2011, 17:21
USA hat nach möglichem Zahlungsausfall Galgenfrist

27.07.11, 15:11

Die am 2. August drohende Zahlungsunfähigkeit der USA wird den Markt für Credit Default Swaps (CDS) nicht ins Chaos stürzen - jedenfalls nicht sofort.

...

http://www.cash.ch/news/topnews/usa_hat_nach_moeglichem_zahlungsausfall_galgenfrist-1060583-771
(http://www.cash.ch/news/topnews/usa_hat_nach_moeglichem_zahlungsausfall_galgenfrist-1060583-771)

lunar
27.07.2011, 17:42
Politik: 27. Juli 2011, 16:25

«Zeit für Konsequenzen noch nicht da» (http://www.nzz.ch/nachrichten/politik/international/der_norwegische_regierungschef_verspricht_umfassende_aufarbeitung_der_terroranschlaege_1.11661307.html)

Norwegischer Regierungschef verspricht umfassende Aufarbeitung der Anschläge

http://www.nzz.ch/images/stoltenberg_norwegen_lead_1.11661365.1311778832.jpg (http://www.nzz.ch/nachrichten/politik/international/der_norwegische_regierungschef_verspricht_umfassende_aufarbeitung_der_terroranschlaege_1.11661307.html)Norwegens Ministerpräsident Stoltenberg hat eine «umfassende Aufarbeitung» aller Umstände der Terroranschläge angekündigt. Vor Auslandsjournalisten sagte der 52-jährige Sozialdemokrat am Mittwoch, diese Zeit sei aber jetzt noch nicht gekommen. ...

(http://www.nzz.ch/nachrichten/politik/international/der_norwegische_regierungschef_verspricht_umfassende_aufarbeitung_der_terroranschlaege_1.11661307.html)......Justizminister Storberget, der bereits am Dienstag die Polizeiarbeit gegen Kritik verteidigt hatte, lobte abermals den Einsatz der Sondereinheit. Durch ihre Hilfe habe ein grössere Tragödie verhindert werden können.

Die Insel liegt 40 Kilometer von Oslo entfernt. Die Polizei benötigte 90 Minuten, um dorthin zu gelangen. Als die Sicherheitskräfte eintrafen, war bereits ein Pressehelikopter vor Ort. Ein Kameramann des Senders NRK, der Videoaufnahmen des Massakers machte, sagte der Nachrichtenagentur AP, sein Helikopter sei zwischen 18 Uhr und 18 Uhr 10 eingetroffen. Die Polizei traf nach eigenen Angaben um 18 Uhr 25 auf der Insel ein. Die Besatzung des einzigen Helikopters, der ihr zur Verfügung stand, befand sich in Urlaub.

Täter ergab sich mit erhobenen Armen

Der norwegische Attentäter hat die eintreffende Polizei mit erhobenen Armen erwartet und seine Waffen schon vorher abgelegt. Das berichtete einer der an der Ergreifung des Attentäters beteiligten Polizeibeamten. Er schilderte den Ablauf an einer Pressekonferenz so: «Wir rufen, dass wir bewaffnete Polizei sind, um die Aufmerksamkeit auf uns zu richten. Wir müssen durch dichtes Gebüsch, so dass wir uns nur schwer eine Übersicht verschaffen können. Aber dann geht das Ganze in Baumgebiet über, und plötzlich steht der Täter mit hoch über den Kopf erhobenen Armen vor uns. Er wird ganz normal festgenommen. Die Waffen liegen 15 Meter hinter dem Täter.»

lunar
27.07.2011, 19:05
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Boehner v Reid Proposals: A Compare And Contrast Cheat Sheet (http://www.zerohedge.com/news/boehner-v-reid-proposals-compare-and-contrast-cheat-sheet)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/27/2011 - 12:14 British Bankers' Association (http://www.zerohedge.com/category/tags/british-bankers-association) Congressional Budget Office (http://www.zerohedge.com/category/tags/congressional-budget-office) CRFB (http://www.zerohedge.com/category/tags/crfb) Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) Gross Domestic Product (http://www.zerohedge.com/category/tags/gross-domestic-product) None (http://www.zerohedge.com/taxonomy/term/118) If anyone actually cares, the Committee for a Responsible Federal Budget has released the following handy summary cheat sheet which compares and contrast the key aspects of the Boehner and Reid proposals. We suggest nobody spend more than 2 seconds skimming through these as both will be vastly reworked by the end of trading today.




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435812+--+From+ZeroHedge:+Boehner%20v%20Reid%20Proposals:%20A%20Compare%20And%20Contrast%20Cheat%20Sheet)
Comments: 34 (http://www.zerohedge.com/news/boehner-v-reid-proposals-compare-and-contrast-cheat-sheet#comments)
New Comments:
Reads: 2,435
.
.


Wed, 07/27/2011 - 12:28 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/boehner-v-reid-proposals-compare-and-contrast-cheat-sheet#comment-1498197) bob_dabolina (http://www.zerohedge.com/users/bobdabolina)
http://www.zerohedge.com/sites/default/files/pictures/picture-15983.png (http://www.zerohedge.com/users/bobdabolina)
Posted from another thread:

Looks to me like the government did that for us all

Liability per taxpayer - $1,027, 052

Total debt per citizen (what every person owes) - $176,156

This is with:

Total peronal debt @ 51,440 per citizen and $45,105, 310 on food stamps.

Good luck squeezing blood out of that rock.

If you had a 100% tax on every penny of every billionaire in this country do you know what you could pay off? Our fiscal year deficit (about 1.5 trillion) That's it, and you could never tax that again. That still leaves us with 15 trillion in debt (soon to be close to 18) and $200 trillion in unfunded liabilites.

It's a spending problem, not a revenue probem. We don't need higher taxes, we need to axe spending.

http://www.usdebtclock.org/
.
.
Wed, 07/27/2011 - 12:23 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/boehner-v-reid-proposals-compare-and-contrast-cheat-sheet#comment-1498214) Killuminati (http://www.zerohedge.com/users/killuminati)
http://www.zerohedge.com/sites/all/themes/images/bagicon.png (http://www.zerohedge.com/users/killuminati)
Zerohedge, don't you know this is all games and tricks, they will wait until the last minute to pass. With provisions to create a new legislative body "super congress"

lunar
27.07.2011, 19:31
27. Juli 2011, 15:04, NZZ Online

Indien und Pakistan nähern sich an (http://www.nzz.ch/nachrichten/politik/international/pakistan_indien_1.11658815.html)

http://www.nzz.ch/images/sm_krishna_und_hina_rabbani_khar_rechts_small_1.11659755.1311772210.jpg (http://www.nzz.ch/nachrichten/politik/international/pakistan_indien_1.11658815.html) Einige Handels- und Reisebeschränkungen sollen gelockert werden

(http://www.nzz.ch/nachrichten/politik/international/pakistan_indien_1.11658815.html)Die beiden Nachbarstaaten Indien und Pakistan haben sich angenähert. Sie führten konstruktive Gespräche und einigten sich auf eine Lockerung einiger Handels- und Reisebeschränkungen.

(sda) Zwischen den zerstrittenen Atommächten Indien und Pakistan gibt es laut der indischen Regierung eine leichte Annäherung. Die beiden Nachbarstaaten hätten sich darauf verständigt, einige Handels- und Reisebeschränkungen zu lockern. Ausserdem wollten sie gegen militante Extremisten vorgehen, sagte der indische Aussenminister S.M. Krishna am Mittwoch nach Gesprächen mit seiner pakistanischen Kollegin Hina Rabbani Khar.

Eine neue Ära hereingebrochen

Es sei eine neue Ära der bilateralen Zusammenarbeit der beiden Länder hereingebrochen, sagte Krishna. Der Umgang miteinander dürfe nicht zu einer Geisel der Vergangenheit werden, forderte ausserdem Khar im Hinblick auf die seit Jahrzehnten ungelösten Streitfragen wie jene des Umgangs mit der Himalaja-Region Kaschmir. Seit der Unabhängigkeit im Jahr 1947 haben die beiden Staaten drei Kriege gegeneinander geführt, zwei davon um Kaschmir.

«Wir haben noch einige Probleme zu überwinden, aber mit einer offenen Geisteshaltung und einem konstruktiven Ansatz können wir unser gewünschtes Ziel sicher erreichen», sagte der 79-jährige indische Aussenminister......

...sie ist jung und wohl in ihrer Denkweise offener - vielleicht kann man wieder einmal hoffen :)

lunar
27.07.2011, 19:40
GET OUTTA 'TOWN' (http://www.huffingtonpost.com/2011/07/27/ben-affleck-the-town-republicans-debt-debate_n_910776.html)
Ben Affleck Reacts To House GOP Using Clip From His Film In Debt Debate (http://www.huffingtonpost.com/2011/07/27/ben-affleck-the-town-republicans-debt-debate_n_910776.html)
(http://www.huffingtonpost.com/2011/07/27/ben-affleck-the-town-republicans-debt-debate_n_910776.html)


(http://www.huffingtonpost.com/2011/07/27/ben-affleck-the-town-republicans-debt-debate_n_910776.html)




Comments (2,499) (http://www.huffingtonpost.com/2011/07/27/ben-affleck-the-town-republicans-debt-debate_n_910776.html#comments)
| Video (http://www.huffingtonpost.com/news/video)
.
http://www.huffingtonpost.com/images/trans.gif (http://www.huffingtonpost.com/social/joemac1114?action=comments)

joemac1114 (http://www.huffingtonpost.com/social/joemac1114?action=comments)

610 Fans (http://www.huffingtonpost.com/social/joemac1114)

2 minutes ago (1:27 PM)

Violence and killing, a perfect theme for republican debt plans.





MosesDidItBest (http://www.huffingtonpost.com/social/MosesDidItBest?action=comments)

688 Fans (http://www.huffingtonpost.com/social/MosesDidItBest)

2 minutes ago (1:27 PM)

A fictional crime movie inspires real criminals. As if they needed inspiratio*n to lie cheat and steal from the American public. They epitomize everything that is depicable about American politics and their corporate sponsors. They're not called the GOP for nothing.

lunar
27.07.2011, 20:46
Rosenberg's Seven Point Plan for Recession Investing (http://jessescrossroadscafe.blogspot.com/2011/07/rosenbergs-seven-point-plan-for.html)

Here is something that may be of interest from David Rosenberg of Gluskin Sheff as reported by CNBC (http://www.cnbc.com/id/43898804).

I lean on this a bit, unwilling and unable as I am to give investment advice on the particulars. And like most general advice, it is certainly not tailored to one's particulars, which is all important.

I should add that this is targeted to a recession. And if you believe we are in for a recession, this may work. If we experience a more singular, unusual event, something other than recession, with features of a currency collapse, some portions of this portfolio will perform very badly.

Bonds and bond funds in particular tend to get decimated in times of rising interest rates and/or high inflation. Income is of little use unless the principal is protected.

And yet it is also good to remember that Japan lost its AAA rating in 2002, and its bonds continued on as rates fell. Is the US going to go the way of Japan? There are some very important differences, and after all, it is largely a policy choice. Choose deflation and austerity but without the safety nets for the people, and within ten years your house will burn.

It should be pointed out that finding legitimate investments in some of these general categories is no simple trick.

Personally I still like gold, and to a lesser extent silver, for a relatively safe portfolio of my own. At some point mining stocks with low debt and high dividends may be among the best investments. But I also like portfolio theory in its diversification feature. Never bet the ranch on any one thing unless you are uniquely positioned in terms of knowledge.

A more general theme that is not mentioned, but might be implied, is self-sufficiency, to the extent that such a thing is possible in our interconnected world. No man is an island, or can they be.
1) Focusing on yield, particularly on “high-quality corporates” though he allows for the inclusion of what others might call “junk” bonds from companies with “A-type” balance sheets and “BB-like yields.”

2) Stocks that provide reliable dividends including preferred shares.

3) Whether in stocks or bonds, focusing on companies that have low debt-to-equity ratios, high liquid asset ratios and good balance sheets without heavy debt.

4) Hard assets such as oil and gas royalties and real estate investment trusts, with a focus on income stream.

5) Sectors or companies that have “low fixed costs, high variable costs, high barriers to entry/some sort of oligopolistic features, a relatively high level of demand inelasticity” including utilities, consumer staples and health care.

6) Alternative assets that are “not reliant on rising equity markets and where volatility can be used to its advantage.”

7) Precious metals. Specifically, he says gold as compared to mining output, the Fed’s balance sheet and money supply all indicate that it is far from a bubble, and in fact could rise to $3,000 before it becomes overvalued. Peter Warburton's financial disaster investment portfolio. (http://www.gata.org/node/8303)The search is on for the perfect hedge

What would be the ideal characteristics of such a numéraire? First, it would be in fixed physical supply. Second, it would be resistant to weather-related influences. Third, its ownership would be diffuse, rendering futile any attempt to restrict supply through a non-competitive structure. Fourth, it must be freely tradable. Fifth, there would be no futures or options markets attached to it.

Finally, I list some of the candidates, in no particular order. Each seems promising, yet none of them seems to me to satisfy fully all five of the requirements above. Arable land with a dependable climate

Oil-refining capacity

Electricity generating capacity

Water-treatment capacity

Drinking water, bottled or piped

Coastal access, harbours and ports

Palladium/platinum/diamonds

Real estate in long-standing, distinctive locations

Antiques, fine art, stamps and coins

Commodities without futures and options marketsCould these be the winning investments of the early years of the 21st century? I should add that I think that "Antiques, fine art, stamps and [collectible] coins" are rather awful investments in most times of distress. They do perform well in times of rising inflation without systemic disruption, but can be remarkably illiquid, and are probably the domain for the specialist collector for whom investment is a secondary concern.

For the most part this is not a market suitable for 95+ percent of the people. Like most investments that can offer some examples with spectacular gains, the risks are commensurately high and heavily weighted to non-insiders. Bullion makes more sense than collectible coins for a disaster hedge.

If one reads Adam Fergusson's book, When Money Dies, you can see that in the Weimar experience, people traded their antique furniture for turnips. I like liquidity, portability, and wide acceptance. Gold and silver may become the ultimate hedge if their ownership becomes more widespread and therefore more freely traded hand to hand, and they do not become official money standards, with prices and ownership terms set firmly by government.


Posted by Jesse at 11:04 AM (http://jessescrossroadscafe.blogspot.com/2011/07/rosenbergs-seven-point-plan-for.html) :verbeug

lunar
27.07.2011, 20:59
27 July 2011

SP 500 Intraday - a Brief Apologia of Sorts (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-intraday-brief-apologia.html)

Stock futures fell to the familiar key support around 1307. The same principles on this chart still apply. 1295 is very important and below 1290 is an area very near to the edge of the cliff.

I am sitting largely in cash now this morning for the short term. I wanted to distance myself from the market, and provide an opportunity to think more about the current situation. Taking profits seemed like the right thing to do.

If you give people blanks, they sometimes fill them in as they will. And so I was reflecting on some email exchanges of the past several weeks. I do not have a comments section here, because I do not have the time or energy to moderate it. I did that once for a friend and it put me off it forever. But I do have an active email and take comments on it all day long. I moderate the frivilous and ugly with a spam filter lately and it seems to be working well.

Why do I put forward these thoughts? Why don't I charge for it, or take ads? Why don't I do interviews and speak at rallies, and direct a group of followers to promote messages in comments and 'pile on' to those who do not agree with us?

As I recently answered to a fellow blogger, because I do not need the money. So why bind myself to some agenda, even if a little, by taking it? I give out of the excess and abundance given to me. Yes, there are definite sacrifices and self-limitations, and they extend to family. And that is sometimes a cause for unease. But the necessities are covered.

Why do I witness to my beliefs, and alienate some worldly and influential people, and even believers with different viewpoints and prejudices, and incur the consequences of diminished opportunity? It limits the acceptability of my message in many sites and areas. You might be surprised, but it does. And it hurts. And the ability to see the ugliness for which people can be capable is discouraging. But then there are the consolations that seem to come, as they are most needed, from the most unexpected sources, the kind word, the occasional graciousness of the spirit.

This is not some incidental thing, it is what I am, it defines me. I am not my own, to do as I will. I owe a triple allegiance to the truth and what is most human, the very pinnacle of existence, by creation, by redemption, and by continuation. If I do not do good when there is a price to be paid that is in reality very slight as these things go, how could I expect to pay the price when the stakes are high?

What is it that I want? I don't want anything. This is why I shun the spotlight. I want neither money nor followers, nor recognition or fame. I want to be a simple, honorable man. Husband and father. And that is work enough for anyone.

What makes me think I can know the Truth? Why do I sound so much like a leftist lately? I have a scientific mind, so I do not proceed from the assumption that I know the truth in this world, as truth is a never ending journey, a way of life that one never reaches until the very end of this world. So I start at the bottom and slowly, carefully, work up from there, taking things where they lead me, constantly reviewing the landscape, continuously learning, pursuing an ever-retreating horizon, with the occasional view from the peaks.

If I have any fear, if there is any recurrent theme in my energy and my prayer, it is not to mislead people and myself, even unintentionally. I not only do not seek to promote a point of view with the misuse of facts, I beat my own conclusions bloody, almost every day, looking for any weakness and misapprehension, constantly absorbing new data and ideas. I expose myself to a wide variety of thoughts and opinions, almost to exhaustion.

Forecasting the future here is exceptionally difficult because there are so many exogenous, and yet outcome critical, variables. There are powerful forces promoting certain ends for their own benefit, but there are other forces working against them. It is a conflict, and the fronts are not always easily seen through the fog of war.

And so even at best, I know I am not and cannot always be right, so it is never an easy place to be thinking, wrestling with the uncertain and taking its measure, much less acting upon it. But this is where I am, and must be. Going forward, one step at a time, in fear and trembling at my own weakness and insufficiency.

When my site was improbably recognized as among the ten most influential by some very kind people, links to pieces on my site dropped off a cliff. Those in the blogosphere probably figured that since I was already 'successful' that there was no need to encourage it, since I was no longer a colleague, but the competition. There is only one competition that counts in these times, and that is to stand for goodness and justice in a terrible class and currency war.

And I also continued to strike out on a line of thinking that people in the financial world and the fortunate may not favor. And so it is not popular. If you want to be popular, tell people what they wish to hear, not what they may need to hear. And the greater a person becomes in the favor of the world, the less tolerant they are of contradiction. Good fortune and wealth can be a terrible trap, the most ponderous of burdens, because we are so unwilling to let go of them, even a little, as they drag us down into the abyss.

And so the temptation to change my approach, to post hysterical (and not just hysterically funny) headlines and pieces that are misleading, to fan the flames of passion and prejudice become high. I can understand that. Isolation is no picnic, and the crowd has its allure. Everyone desires to be liked. I am human.

And it is because I seek to be truly human that I cannot be otherwise. People seem to have lost their sense, their voice, of humanity. How can I remain silent, when good and innocent people become prey? Who am I to do this, why me?

I do not seek this. At times I wish to run away, to hide in my library or the kitchen, rather than be taken where I do not wish to go. I came to the study of money for a blessing, but I have found a work. And I cannot leave it, because this is where I am meant to be. And so I am here. :thanx


http://4.bp.blogspot.com/-vq-gqkoM6eE/TjAz1gDrYVI/AAAAAAAARXo/5a44yZDPwp0/s640/spintraday.PNG (http://4.bp.blogspot.com/-vq-gqkoM6eE/TjAz1gDrYVI/AAAAAAAARXo/5a44yZDPwp0/s1600/spintraday.PNG)



Posted by Jesse at 12:10 PM (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-intraday-brief-apologia.html) :verbeug

lunar
27.07.2011, 21:28
A Thousand Pictures Is Worth One Word

Jeff Clark (http://www.caseyresearch.com/our-staff/jeff-clark), Senior Precious Metals Analyst
July 27, 2011 4:40pm GMT

By Jeff Clark, BIG GOLD

In spite of constant headlines about debts and deficits, most Americans don’t really believe the U.S. dollar will collapse. From knowledgeable investors who study the markets to those seemingly too busy to worry about such things, most dismiss the idea of the dollar actually going to zero.

History has a message for us: No fiat currency has lasted forever. Eventually, they all fail.

BMG BullionBars recently published a poster featuring pictures of numerous currencies that have gone bust. Some got there quickly, while others took a century or more. Regardless of how long it took, though, the seductive temptations allowed under a fiat monetary system eventually caught up with these governments, and their currencies went poof!

You might suspect this happened only to third world countries. You’d be wrong. There was no discrimination as to the size or perceived stability of a nation’s economy; if the leaders abused their currency, the country paid the price.

As you scroll through the currencies below, you’ll see some long-ago casualties. What’s shocking, though, is how many have occurred in our lifetime. You might count how many currencies have failed since you’ve been born.

So what’s the one word for the “thousand pictures” below? Worthless.

......................http://www.caseyresearch.com/sites/default/files/image5_5.jpg

.....................http://www.caseyresearch.com/sites/default/files/image11.jpg


(...und viele mehr)

So, will a similar fate befall the U.S. dollar? The common denominator that led to the downfall of each currency above was the two big Ds: Debts and Deficits.

With that in mind, consider the following:

Morgan Stanley reported in 2009 that there’s “no historical precedent” for an economy that exceeds a 250% debt-to-GDP ratio without experiencing some sort of financial crisis or high inflation. Our total debt now exceeds GDP by roughly 400%.

Investment legend Marc Faber reports that once a country’s payments on debt exceed 30% of tax revenue, the currency is “done for.” On our current path, analyst Michael Murphy projects we’ll hit that figure by October.

Peter Bernholz, the leading expert on hyperinflation, states unequivocally that “hyperinflation is caused by government budget deficits.” This year’s U.S. budget deficit will end up being $1.5 trillion, an amount never before seen in history.

Since the Federal Reserve’s creation in 1913, the dollar has lost 95% of its purchasing power. Our government leaders clearly don’t know how – or don’t wish – to keep the currency strong.

Whether the dollar goes to zero or merely becomes a second-class currency in the global arena, the possibility of the greenback being added to the above list grows every day.....

full story: http://www.caseyresearch.com/editorial.php?page=articles/thousand-pictures-worth-one-word&ppref=ZHB207ED0711A

comments from ZH:

Wed, 07/27/2011 - 13:59 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/thousand-pictures-worth-one-word-worthless#comment-1498550) Mongo (http://www.zerohedge.com/users/mongo)
http://www.zerohedge.com/sites/all/themes/images/bagicon.png (http://www.zerohedge.com/users/mongo)
Now... where is the US dollar?


Wed, 07/27/2011 - 14:06 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/thousand-pictures-worth-one-word-worthless#comment-1498585) Cole Younger (http://www.zerohedge.com/users/cole-younger)
http://www.zerohedge.com/sites/all/themes/images/bagicon.png (http://www.zerohedge.com/users/cole-younger)
Soon....very soon :-(

Wed, 07/27/2011 - 14:18 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/thousand-pictures-worth-one-word-worthless#comment-1498647) Shameful (http://www.zerohedge.com/users/shameful) http://www.zerohedge.com/sites/default/files/pictures/picture-9240.jpg (http://www.zerohedge.com/users/shameful)
God I hope Nixon! Get the picture of him doing the peace sign. Can see it now the "Tricky Dick Trillion Dollar Value Menu" at fast food places, and everyone carrying around a pocket full of Dicks...If it's going to be a hyper inflationary hell I think they owe us a little comedy.

Wed, 07/27/2011 - 14:37 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/thousand-pictures-worth-one-word-worthless#comment-1498738) DaveyJones (http://www.zerohedge.com/users/daveyjones)
http://www.zerohedge.com/sites/default/files/pictures/picture-7811.jpg (http://www.zerohedge.com/users/daveyjones)
had the same vision... like this with zeroes
http://www.ioffer.com/i/RICHARD-NIXON-FROZEN-DOLLAR-BILL-39492531:D (http://www.ioffer.com/i/RICHARD-NIXON-FROZEN-DOLLAR-BILL-39492531)

http://www.zerohedge.com/news/thousand-pictures-worth-one-word-worthless

lunar
27.07.2011, 21:47
Dürrekatastrophe in Ostafrika

Bürokraten vereiteln Hilfe für Hungernde (http://www.spiegel.de/politik/ausland/0,1518,776979,00.html)

http://www.spiegel.de/images/image-242094-breitwandaufmacher-unvv.jpg (http://www.spiegel.de/politik/ausland/0,1518,776979,00.html) http://www.spiegel.de/static/sys/v9/buttons/but_foto.png (http://www.spiegel.de/fotostrecke/fotostrecke-70841.html)http://www.spiegel.de/static/sys/v9/buttons/but_video.png (http://www.spiegel.de/video/video-1138437.html)

Das Camp Dadaab in Kenia ist das größte Flüchtlingslager der Welt. 400.000 Menschen drängen sich in den überfüllten Hütten - und täglich kommen mehr Hungernde aus Somalia. Einen Kilometer nebendran steht ein riesiges Lager mit Strom- und Wasseranschluss: menschenleer. Die Behörden wollen es so. Von Katharina Peters mehr... (http://www.spiegel.de/politik/ausland/0,1518,776979,00.html) [ Video (http://www.spiegel.de/video/video-1138437.html) | Forum (http://forum.spiegel.de/showthread.php?t=40675) ]

...viele Kommentare im Forum - solche :mad und solche :supi
vielleicht kommt ja meine Spende am richtigen Ort an :rolleyes;)

lunar
27.07.2011, 22:09
.....

lunar
28.07.2011, 08:51
Dougan streicht nach Gewinneinbruch 2000 Stellen

http://www.cash.ch/services/img/news/120/3829_Dougan%5FBrady.jpg
Aktualisiert um 07:18 Uhr
Die Credit Suisse bricht wie die UBS im zweiten Quartal ein. Der Reingewinn von 768 Millionen Franken bleibt weit unter den Erwartungen. CEO Brady Dougan muss sparen und kündigt den Abbau von 2000 Stellen an....

.....Konzernchef Brady Dougan wird dazu mit folgenden Worten zitiert: "Wir haben uns früh auf das neue regulatorische Umfeld eingestellt und ergreifen Massnahmen zur Senkung unserer Kostenbasis. Daher sind wir in einer sehr guten Ausgangslage, um von Wirtschafts- und Markterholungen zu profitieren." (...er wohl am meisten :bad) mehr » (http://www.cash.ch/news/topnews/dougan_streicht_nach_gewinneinbruch_2000_stellen-1060779-771)

lunar
28.07.2011, 09:01
Democrats Urge Obama To Play Constitution Card (http://www.huffingtonpost.com/2011/07/27/debt-ceiling-deadline-_n_911605.html)

http://i.huffpost.com/gen/313768/thumbs/s-OBAMA-DEBT-CEILING-large300.jpg (http://www.huffingtonpost.com/2011/07/27/debt-ceiling-deadline-_n_911605.html)




Comments (http://www.huffingtonpost.com/2011/07/27/debt-ceiling-deadline-_n_911605.html#comments)
.
http://i.huffpost.com/profiles/1263533-2.png?20110508234135 (http://www.huffingtonpost.com/social/Irregardless?action=comments) Irregardless (http://www.huffingtonpost.com/social/Irregardless?action=comments) its never too late to beef up your orbituary.
186 Fans (http://www.huffingtonpost.com/social/Irregardless)
1 minute ago (11:34 PM)
Not so long ago there was a belief that it would be communism that would destroy this great country. More recently some people thought it would be terrorism that would put an end to America as we know it. But who would've thought it would be a small group of the most ignorant wearing three pointed hats, that would bring this country to its knees. I definitely didn't see that one coming.


*****************************************



Democrats Consider the Constitution Card (http://taylormarsh.com/blog/2011/06/democrats-consider-the-constitution-card/)

By Taylor Marsh (http://taylormarsh.com/blog/author/taylormarsh/) on 29 June 2011
This is brilliant and worth the effort. From Ryan Grimm and Samuel Haas (http://www.huffingtonpost.com/2011/06/28/14th-amendment-debt-ceiling-unconstitutional-democrats_n_886442.html):

By declaring the debt ceiling unconstitutional, the White House could continue to meet its financial obligations, leaving Tea Party-backed Republicans in the difficult position of arguing against the plain wording of the Constitution. Bipartisan negotiators are debating the size of the cuts, now in the trillions, that will come along with raising the debt ceiling.

Salvation could lie in the 14th Amendment:
Growing increasingly pessimistic about the prospects for a deal that would raise the debt ceiling, Democratic senators are revisiting a solution to the crisis that rests on a simple proposition: The debt ceiling itself is unconstitutional.

“The validity of the public debt of the United States, authorized by law… shall not be questioned,” reads the 14th Amendment.

“This is an issue that’s been raised in some private debate between senators as to whether in fact we can default, or whether that provision of the Constitution can be held up as preventing default,” Sen. Chris Coons (D-Del.), an attorney, told The Huffington Post Tuesday. “I don’t think, as of a couple weeks ago, when this was first raised, it was seen as a pressing option. But I’ll tell you that it’s going to get a pretty strong second look as a way of saying, ‘Is there some way to save us from ourselves?’”.......

lunar
28.07.2011, 09:37
Grenzstreit mit Kosovo

Serbische Angreifer schießen auf Nato-Soldaten (http://www.spiegel.de/politik/ausland/0,1518,777038,00.html)

http://www.spiegel.de/images/image-242143-breitwandaufmacher-pjlp.jpg (http://www.spiegel.de/politik/ausland/0,1518,777038,00.html) http://www.spiegel.de/static/sys/v9/buttons/but_foto.png (http://www.spiegel.de/fotostrecke/fotostrecke-70924.html)http://www.spiegel.de/static/sys/v9/buttons/but_video.png (http://www.spiegel.de/video/video-1140527.html)

DPA




Schusswechsel nahe der Grenze: Aufgebrachte Serben haben einen Stützpunkt der Schutztruppe Kfor attackiert. Zuvor hatten sie den seit Tagen umkämpften, kosovarisch-serbischen Grenzposten Jarinje niedergebrannt. Die Kfor will nun die Truppen an der Grenze verstärken. mehr... (http://www.spiegel.de/politik/ausland/0,1518,777038,00.html) [ Video (http://www.spiegel.de/video/video-1140527.html) | Forum (http://forum.spiegel.de/showthread.php?t=40689) ] :mad

lunar
28.07.2011, 09:38
Emsisoft warnt: Schock-Video von Amy Winehouse auf Facebook nur virale Scam-Falle (http://www.extremnews.com/aufgepasst/sonstiges/fbe6138c3ae84c7)

http://www.extremnews.com/aufgepasst/sonstiges/fbe6138c3ae84c7/b285138c3b2fa58/image_article (http://www.extremnews.com/aufgepasst/sonstiges/fbe6138c3ae84c7) Facebook wird zurzeit heimgesucht von einer wahren Flut von viralen Scam-Fallen, die sich per Mausklick von einer Pinnwand zur nächsten verbreiten. Normalerweise locken die Urheber mit Sex-Videos oder besonders "lustigen" oder schrägen Aufnahmen. Jetzt soll ein exklusive Video von den letzten Stunden vor dem Tod der Amy Winehouse auf Facebook zu sehen sein. Emsisoft warnt: Wer hier klickt, bekommt das vermeintliche Video nie zu sehen - und spielt den Cyberkriminellen in die Hände. Weiter ... (http://www.extremnews.com/aufgepasst/sonstiges/fbe6138c3ae84c7)
:rolleyes

28.07.2011 07:25

lunar
28.07.2011, 09:44
Wird die Schweiz zum Paradies für Hedgefondsmanager? (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Wird-die-Schweiz-zum-Paradies-fuer-Hedgefondsmanager/story/26354938)

http://files.newsnetz.ch/story/2/6/3/26354938/33/teasersmall16x9.jpg?1311838586 (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Wird-die-Schweiz-zum-Paradies-fuer-Hedgefondsmanager/story/26354938) Mit harten Bandagen geht die EU nun gegen Finanzakrobaten vor, um zerstörerische Spekulationen auf Länder und Währungen künftig zu verhindern. Hedgefondsmanager könnten in der Schweiz Zuflucht finden.......

......Singapur und Hongkong boomen
«Die stärkste Zuwanderung an Hedgefondsmanagern gibt es derzeit in Singapur und Hongkong», so Börsenguru Lielacher, ein Trend, den auch die SFA offiziell bestätigt: «Die Wachstumsraten sind in Singapur und Hongkong am höchsten.» Doch in absoluten Zahlen konzentriert sich das meiste Hedgefondskapital immer noch auf die USA. Rund 78 Prozent der Hedgefondsfirmen residieren in New York und Chicago, rund zwölf Prozent in London, und der Rest entfällt auf die Schweiz, Singapur und Hongkong. Das weltweite Hedgefondsvermögen beläuft sich auf 2000 Milliarden US-Dollar. Davon liegen 1580 Milliarden in den USA, 240 Milliarden in Grossbritannien und etwas weniger als 180 Milliarden in der Schweiz. Hierzulande macht das Volumen der Hedgefonds allein rund ein Fünftel des gesamten Fondsvolumens von fast 800 Milliarden Dollar aus (640 Milliarden Franken).
Mehr... (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Wird-die-Schweiz-zum-Paradies-fuer-Hedgefondsmanager/story/26354938)

Von Bernhard Fischer (http://www.tagesanzeiger.ch/stichwort/autor/bernhard-fischer/s.html). Aktualisiert am 27.07.2011 7 Kommentare (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Wird-die-Schweiz-zum-Paradies-fuer-Hedgefondsmanager/story/26354938#kommentar)


Ursi Brock - 06:36 Uhr
Danke, lieber nicht. Die bleiben eh nur solange bis das nächste Land "bessere" Konditionen bietet. Die Anzahl Arbeitsplätze- und Steuern gehen in's lächerliche, bedient werden damit nur die Ultrareichen mit einer Spielwiese mehr. So oder so wäre es an der Zeit die gesamte Finanzwirtschaft und deren Dienstleistungen auf eine Whitelist zu setzen bis man sich einig ist über Sinn und Zweck.

lunar
28.07.2011, 11:31
Soros Throws in the Towel (http://www.rickackerman.com/2011/07/soros-throws-in-the-towel/)

by Rick Ackerman (http://www.rickackerman.com/author/rickackerman/) on July 28, 2011 12:01 am GMT · 6 comments (http://www.rickackerman.com/2011/07/soros-throws-in-the-towel/#comments)


Ah, what a day! Even George Soros has decided to throw in the towel, so difficult has it become to find a winner one can stick with and still satisfy the regulators. The $25 billion that Soros had working in the markets returned just 2.5% last year and has lost 6% so far this year. Judging from the numbers, it’s probably safe to say that he’s been underweighted in bullion. Very underweighted. But why? Does he perhaps know something that Rick’s Picks readers do not? Hard to say just what that would be, since the fundamentals that have been pushing gold higher were cemented in place when the Federal Reserve System was created in 1913. Soros doesn’t strike us as the kind of guy who would be unmindful of the dollar’s 95% depreciation since then – especially since some of his biggest scores have been leveraged bets against various currencies. And what easier bet could there be than to pile up ingots against the day when the most endangered currency of them all receives its coup de grace?....

.....Soros’ bombshell was not yesterday’s big headline, though, nor was the scary news that Dunkin Brands’ IPO was up 50% (!!) in its first day of trading. Scarier still was China’s reassurance that its first aircraft carrier would be used only for “research, experiments and training.” You can bet that when the Mandarin Armada someday steams up to the Gate of Gibraltar, China will promise Europe that they’re only going to put the tip in......:rolleyes » Read the full article (http://www.rickackerman.com/2011/07/soros-throws-in-the-towel/#more-37016)

lunar
28.07.2011, 11:35
Time to Take the Nuclear Option in the Deficit Discussions? Not Very Likely (http://jessescrossroadscafe.blogspot.com/2011/07/time-to-take-nuclear-option-in-deficit.html)

http://4.bp.blogspot.com/-Sf6s7rKwyZQ/TjBqPCjSJeI/AAAAAAAARXs/Dv8QCp4nLQw/s320/ObamaChamberlain2.jpg (http://4.bp.blogspot.com/-Sf6s7rKwyZQ/TjBqPCjSJeI/AAAAAAAARXs/Dv8QCp4nLQw/s1600/ObamaChamberlain2.jpg)


In all this excitement, no one seems to remember that the President unilaterally refused to play the Bush tax cut card back in June. At least in public. I suspect strongly that the deals are being made behind the scenes, and much of what passes in public is for show, and political diversions.

The tax cuts expire in 2012. They offered an excellent bargaining chip, and one of the key drivers, along with the two unfunded discretionary wars and the out of control financial sector, of the current financial crisis that took the US from surplus to crisis in roughly ten years. If you were going to use that chip, the time to have done it was now, and not in an election year. And in a budget crisis not using it looks to be highly ideological if not mildly insane.

Obama is either a well-prepared Manchurian candidate for the monied interests, something I am not dismissing, or playing chess on a multi-dimensional board that I still do not quite understand, something which I am also not willing to dismiss completely just yet, but it does not look very likely. He could also be a haplessly inept idiot at the mercy of his advisors, but I doubt that very much now.

Bush was easy to read, as was Clinton, at least after the few two years. Obama is a bit harder, but perhaps that is by intent. Good or ill, I cannot yet tell. He keeps getting the benefit of the doubt, but as I said on his 100th day in the Presidency, that time is over and done.

No matter the motives, actions speak louder than words, and at the end of the day, he is a disaster, a betrayer to his supporters, a decidedly ineffective and uninspiring leader, a faux reformer, and likely to go down in history as one of the great unrealized moments in greatness, like Jimmy Carter or even worse, Andrew Johnson. And that is a shame, because it was entirely avoidable.

But for all those smug "I told you so's" out there, Obama is still probably better than having the Alaskan reality show star a shaky heartbeat away from the presidency, a truly frightening prospect that most people forget. McCain flamed out and sold out before his moment came, and I suspect it was because he had no other choice in a crony corporatist party that rules its members by threat and decree. Lack of dissent does not always imply a unanimity of thinking.

The door may be open for a viable third party movement in 2012. I would even welcome a primary challenger from the Democrats, in the manner of Robert Kennedy and Lyndon Johnson. But where is there any US politicians of that character, that level of leadership?

You may also wish to read The Weirdness of the Ten Year Deficit Reduction Discussion (http://baselinescenario.com/2011/07/21/the-weirdness-of-10-year-deficit-reduction/) by James Kwak.
The Baseline Scenario (http://baselinescenario.com/)
Two Can Play
By James Kwak
26 July 2011

Quick, what was the greatest conservative accomplishment of the George W. Bush presidency? It wasn’t Medicare Part D: that was a clever way to steal a Democratic issue and pass it in a form that was friendly to the pharmaceutical industry. It wasn’t Roberts and Alito: yes, they are young and conservative, but the majority is still only 5-4. It wasn’t Social Security privatization: that didn’t happen. Iraq? Getting political support to invade Iraq was a major coup, but everything went downhill from there.

The answer is obvious: the tax cuts of 2001 and 2003. Together, they were a wish list of conservative tax policy: a reduction in the top marginal income tax rate from 39.1 percent to 35 percent; a reduction in the top rates for capital gains and dividends to 15 percent; much higher contribution limits for tax-preferred retirement accounts (meaning that if you have enough money to save, you can shield more of it from taxes); and eventual elimination of the estate tax. In total, when fully phased in, the Bush-era tax cuts sliced almost 3 percent of GDP out of federal government revenues.*

And most of that money stayed in the pockets of the wealthy. According to the Tax Policy Center, 65 percent of the dollar value of the tax cuts (in 2010, once the 2001 and 2003 tax cuts were phased in) went to the top income quintile, and a staggering 20 percent — that’s tens of billions of dollars — went to the top 0.1 percent. Even if you look at the impact in percentage terms, the rich still took home more than their share: after-tax income went up by 0.7 percent for the bottom quintile, 2.5-2.6 percent for the middle three quintiles, 4.0 percent for the top quintile, and 8.2 percent for the top 0.1 percent.

Everyone knows all that already. Who cares? The point today is that President Obama can make this epic conservative victory vanish by snapping his fingers. He can say, “I promise to veto any bill that extends any of the tax cuts.” (Or, if he prefers, he can say, “I promise to veto any bill that extends any of the tax cuts, except the income tax rate reductions for the ‘middle class.’”)

Why would he do such a thing? Think about where the debt ceiling negotiations are today. The House Republicans are effectively holding the financial system and the economy hostage, demanding a massive, spending-cuts-only deficit reduction package. What makes this a smart move (where “smart” is defined solely in terms of likelihood of winning, not the risk being taken) is that if they can force Obama to choose between (a) raising the debt ceiling on their terms and (b) not raising it at all, he is going to choose (a). Even if he would be better off politically letting the government default and blaming it on the Republicans, no one thinks he would actually let it happen.**

Well, Obama has a hostage, too, if he wants to use it: the Bush tax cuts. From the Republicans’ position, just thinking about themselves and what they want (not about the country as a whole), are a few trillion in spending cuts over ten years — averaging something like 1.5 percent of GDP — worth giving up the greatest accomplishment of the entire conservative revolution?

Now, I’m not enough of a political strategist to know exactly how this would play out. For Obama to use the threat, he has to be willing to go through with it. That means mutual assured destruction: the Republicans insist on $3 trillion in spending cuts as the price to pay for raising the debt ceiling; Obama agrees in order to prevent default; and then Obama lets $3-4 trillion in tax cuts expire. Politically, it means being willing to argue in 2012 that letting the tax cuts expire was the right thing for the country. But that’s not an impossible case. Back in 2001, every aspect of the tax cuts was unpopular, other than the fact that they were tax cuts. (See Hacker and Pierson, Off Center, pp. 50-51.) Alternatively, Obama could propose a bill that extends just the “middle class” tax cuts on a take-it-or-leave-it basis.

As I said, I can’t tell you what the political percentages are. But it seems to me there has to be some leverage here that Obama can use — if he wants to.

* In the January 2007 Budget and Economic Outlook, the total 2017 cost of extending all the tax cuts, in addition to but not including patching the AMT, was projected to be $616 billion (Table 1-5), or 2.9 percent of GDP. I chose the 2007 projection because (a) it goes out to 2017, which is when some tax cuts were scheduled to expire and (b) it is before 2008, when the tax cuts to stimulate the economy began.

** What makes it a somewhat less smart move is that, with the Senate in the hands of the Democrats, the Republicans have no clear way of forcing Obama to sign or veto their deficit reduction bill. If the two houses can’t agree on a plan, Obama can avoid having to make the choice (and the end of the world will be Congress’s fault).



Obama Gives in to GOP on Bush Tax Cuts, and More
By Thomas Hartmann
Tuesday 28 June 2011

Yesterday – Senator Bernie Sander wrote a letter to President Obama telling him not to give in to Republican demands in the debt limit negotiations – and to fight for “shared sacrifice” by taxing millionaires and billionaires along with any new spending cuts. Unfortunately – the President didn’t get the message and the White House stated yesterday that the President is taking repealing the Bush tax cuts for millionaires and billionaires off the table. Which leaves mostly spending cuts targeting working families still on the table. Looks like America's oligarchs - and the Republican Party they own - win again." The corporatist strategy has been to give generous tax cuts to the wealthy, spend money like drunken sailors on things that benefit the monied interests, and then declare a budget crisis and take the difference out of the hides of the middle class, the weak, and the elderly. So far Obama is following the same playbook, with a little dusting of compassionate sounding hoo-hah.

Posted by Jesse at 3:20 PM (http://jessescrossroadscafe.blogspot.com/2011/07/time-to-take-nuclear-option-in-deficit.html) :verbeug

lunar
28.07.2011, 11:47
Eine Bergtour ins Ungewisse

Am 3. August 1811 wurde die Jungfrau erstmals bestiegen. Zwei Aargauer und zwei Walliser bezwangen damit den ersten Schweizer Viertausender. Der Postkartenberg und die ihn umgebende «dramatische Landschaft» sind seit knapp zehn Jahren auch Teil des Unesco-Weltnaturerbes.

http://epaper3.tagesanzeiger.ch/ee/taz/ges/2011/07/28/001/

Illustration: Jungfraubahnen

lunar
28.07.2011, 11:53
BReaKiNG DeBT CeiLiNG NeWS... (http://www.zerohedge.com/contributed/breaking-debt-ceiling-news)
.

Posted by : williambanzai7 (http://www.zerohedge.com/users/williambanzai7)
Post date: 07/27/2011 - 15:48
ATTENTION: BANZAI7 LEVEL 8 NO BEVERAGE WARNING!

lunar
28.07.2011, 11:59
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Guest Post: Ominous Similarities (http://www.zerohedge.com/news/guest-post-ominous-similarities)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/28/2011 - 01:34 Candlestick Patterns (http://www.zerohedge.com/category/tags/candlestick-patterns) Guest Post (http://www.zerohedge.com/taxonomy/term/238) Livermore (http://www.zerohedge.com/category/tags/livermore) SPY (http://www.zerohedge.com/taxonomy/term/148) Volatility (http://www.zerohedge.com/category/tags/volatility)

Dramatic title I realize but look at the charts below and ask yourself if this is purely coincidence or something more telling. Regulars to this site have read posts comparing the current market to that of late 2007. From equities to credit markets to volatility and more the similarities across asset classes has been rather striking. The basis for these comparisons was the belief that at major inflection points markets are more about psychology than they are technicals and or macro data. Since human nature never changes patterns will repeatedly play out as discussed by Jesse Livermore (the following is from a book discussing his trading beliefs). He observed that human emotions collectively had major impacts on the movement of stock prices and Markets in general, ultimately creating patterns that kept repeating.”



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435831+--+From+ZeroHedge:+Guest%20Post:%20Ominous%20Similarities)
Comments: 53 (http://www.zerohedge.com/news/guest-post-ominous-similarities#comments)
New Comments:
Reads: 5,163
.
AhhhItBurns (http://www.zerohedge.com/users/ahhhitburns) http://www.zerohedge.com/sites/default/files/pictures/picture-26492.jpg (http://www.zerohedge.com/users/ahhhitburns)
I cant hear you! LALALALA--- Japan, Drought ---LALALALA

lunar
28.07.2011, 15:44
Machtkampf in der US-Schuldenkrise

Der Billionenpoker der Republikaner (http://www.spiegel.de/politik/ausland/0,1518,776889,00.html)

http://www.spiegel.de/images/image-242304-panoV9free-xnxz.jpg

Die USA treiben gen Staatsinfarkt, und die Republikaner streiten. Mehrere mächtige Konservative sperren sich gegen Kompromisse, drohen dem Weißen Haus mit Totalblockade. In dem gefährlichen Spiel geht es um die Zukunft des Landes - aber auch um die Vorherrschaft in der Partei. Von Sebastian Fischer und Florian Gathmann mehr... (http://www.spiegel.de/politik/ausland/0,1518,776889,00.html) [ Video (http://www.spiegel.de/video/video-1140162.html) ]

Was treibt Boehner, Cantor und Co.? Warum setzt Michele Bachmann auf Totalblockade? SPIEGEL ONLINE zeigt die wichtigsten Protagonisten der Republikaner - und ihre Rivalitäten untereinander.



http://www.spiegel.de/images/image-241751-hpcpleftcolumn-watr.jpg (http://www.spiegel.de/politik/ausland/0,1518,776889-2,00.html) :bad
Eric Cantor
Mehrheitsführer im Repräsentanten-
haus (http://www.spiegel.de/politik/ausland/0,1518,776889-2,00.html)
http://www.spiegel.de/images/image-241754-hpcpleftcolumn-aofw.jpg (http://www.spiegel.de/politik/ausland/0,1518,776889-3,00.html) :bad
Michele Bachmann
Tea-Party-Ikone (http://www.spiegel.de/politik/ausland/0,1518,776889-3,00.html)
http://www.spiegel.de/images/image-201302-hpcpleftcolumn-rifo.jpg (http://www.spiegel.de/politik/ausland/0,1518,776889-4,00.html) :rolleyes
John Boehner
Republikaner-Anführer (http://www.spiegel.de/politik/ausland/0,1518,776889-4,00.html)
http://www.spiegel.de/images/image-241755-hpcpleftcolumn-slbo.jpg (http://www.spiegel.de/politik/ausland/0,1518,776889-5,00.html)
Paul Ryan
Vorsitzender Haushalts-
ausschuss (http://www.spiegel.de/politik/ausland/0,1518,776889-5,00.html)

lunar
28.07.2011, 15:54
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Blast From The Past: "Is There A Risk The US Could Lose Its AAA Rating?" Tim Geithner: "No Risk" (http://www.zerohedge.com/news/there-risk-us-could-lose-its-aaa-rating-tim-geithner-no-risk)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/28/2011 - 09:23 Tim Geithner (http://www.zerohedge.com/taxonomy/term/299)

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/Geithner.jpg

Peter Barnes “Is there a risk that the United States could lose its AAA credit rating? Yes or no?”

Geithner’s response: “No risk of that.”

“No risk?” Barnes asked.

“No risk,” Geithner said.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435847+--+From+ZeroHedge:+Blast%20From%20The%20Past:%20%22Is%20There%20A%20Risk%20The%20US%20Could%20Lose%20Its%20AAA%20Rating?%22%20Tim%20Geithner:%20%22No%20Risk%22)
Comments: 62 (http://www.zerohedge.com/news/there-risk-us-could-lose-its-aaa-rating-tim-geithner-no-risk#comments)
New Comments:
Reads: 2,121
.
Thu, 07/28/2011 - 09:45 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/there-risk-us-could-lose-its-aaa-rating-tim-geithner-no-risk#comment-1500829) Hearst (http://www.zerohedge.com/users/hearst)
http://www.zerohedge.com/sites/default/files/pictures/picture-35082.jpg (http://www.zerohedge.com/users/hearst)
The rating agencies are agents of Washington. I'd be bettin' the levy will hold.. That is until the Dollar is completely destroyed which at this pace of devaluation wont be long.

lunar
28.07.2011, 15:58
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
S&P Strikes Back: Pulls Rating On $1.5 Billion CMBS Deal, Forces Goldman And Citi To Scrap Sale (http://www.zerohedge.com/news/sp-strikes-back-pulls-rating-15-billion-cmbs-deal-forces-goldman-and-citi-scrap-sale)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/28/2011 - 09:03 Citigroup (http://www.zerohedge.com/taxonomy/term/292) Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) Deutsche Bank (http://www.zerohedge.com/category/tags/deutsche-bank) Ferrari (http://www.zerohedge.com/category/tags/ferrari) Goldman Sachs (http://www.zerohedge.com/taxonomy/term/197) goldman sachs (http://www.zerohedge.com/taxonomy/term/126) Morningstar (http://www.zerohedge.com/category/tags/morningstar) PIMCO (http://www.zerohedge.com/taxonomy/term/195) Rating Agencies (http://www.zerohedge.com/category/tags/rating-agencies) Rating Agency (http://www.zerohedge.com/category/tags/rating-agency) ratings (http://www.zerohedge.com/category/tags/ratings) In possibly the most important underreported news of the day, Goldman and Citi were forced to scrap a $1.5 billion CMBS deal after S&P shocking refused to rate the notes. This unprecedented development left GS and C scrambling. Per BusinessWeek (http://www.bloomberg.com/news/2011-07-28/goldman-sachs-citigroup-scrap-cmbs-that-s-p-won-t-rate-1-.html): "The deal won’t close today as planned because S&P is reviewing its criteria for commercial mortgage-backed securities and can’t provide a rating, the banks said in a joint statement through Business Wire (http://topics.bloomberg.com/business-wire/). “Ratings are a condition precedent to closing and settlement,” Goldman Sachs and Citigroup said in the statement. “Standard & Poor’s had previously informed Goldman and Citi that they were prepared to rate” the transaction, they said." End result: $1.5 billion CMBS deal scrapped as it doesn't have the blessing of a rating agency.




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435845+--+From+ZeroHedge:+S&P%20Strikes%20Back:%20Pulls%20Rating%20On%20$1.5%20Billion%20CMBS%20Deal,%20Forces%20Goldman%20And%20Citi%20To%20Scrap%20Sale)
Comments: 24 (http://www.zerohedge.com/news/sp-strikes-back-pulls-rating-15-billion-cmbs-deal-forces-goldman-and-citi-scrap-sale#comments)
New Comments:
Reads: 1,574
.
Thu, 07/28/2011 - 09:25 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/sp-strikes-back-pulls-rating-15-billion-cmbs-deal-forces-goldman-and-citi-scrap-sale#comment-1500726) Dr. Engali (http://www.zerohedge.com/users/dr-engali)
http://www.zerohedge.com/sites/default/files/pictures/picture-28995.jpg (http://www.zerohedge.com/users/dr-engali)
I feel sorry for poor Goldman. What are they going to sell to their clients now and short?

lunar
28.07.2011, 16:05
..oooops - da wird es wieder Neider geben :oo

Richard Bransons Steuerflucht nach Genf (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Richard-Bransons-Steuerflucht-nach-Genf/story/25069349)

http://files.newsnetz.ch/story/2/5/0/25069349/36/teasersmall16x9.jpg?1311861411 (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Richard-Bransons-Steuerflucht-nach-Genf/story/25069349) Der Multimilliardär verlegt eine Firma seines Virgin-Imperiums in die Schweiz. Das sorgt für heftige Debatten in Grossbritannien.....

.....«The Guardian» schreibt, dass die Schweiz auf aggressive Art und Weise Unternehmen aus Grossbritannien umwirbt.....:rolleyes

Mehr... (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Richard-Bransons-Steuerflucht-nach-Genf/story/25069349)

Aktualisiert um 13:52 Uhr 19 Kommentare (http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Richard-Bransons-Steuerflucht-nach-Genf/story/25069349#kommentar)

lunar
28.07.2011, 16:09
Raubtier der Strasse

Aus gebrauchten Auto-, Velo- und Töffteilen baut Roongrojna Sangwongprisarn in Bangkok seine Maschinen – und verkauft sie in alle Welt.
Foto: Sukree Sukplang (Reuters)

http://epaper3.tagesanzeiger.ch/ee/taz/ges/2011/07/28/010/

lunar
28.07.2011, 16:39
Thursday, July 28, 2011

WE MUST DO SOMETHING!!! (http://kliguy38depression2news.blogspot.com/2011/07/we-must-do-something_28.html)

http://1.bp.blogspot.com/-CChcZyi8AyU/TjDOAiAIqMI/AAAAAAAAANk/ElILWm7rmG8/s400/tin-foil-hat-3.jpg (http://1.bp.blogspot.com/-CChcZyi8AyU/TjDOAiAIqMI/AAAAAAAAANk/ElILWm7rmG8/s1600/tin-foil-hat-3.jpg)
We must do it NOW! Okay dokay I guess I'm all in then lets raise that ceiling and get this show going. After all....this is SERIOUS. In fact to prove this is serious, just look what happened to Mr. Market. That was a FEARFUL sell-off yesterday. One for the ages. That type of fear just can't be manufactured by a few Algobots......can it? At least surely Mr. Market wasn't having it's "wanker" pulled ........was it? That of course would imply......manipulation??? That's tin foil stuff and we know that would imply that those crazy PPT theories about the President's Working Group manipulating the market were true. Of course that nonsense has been debunked so we can now trade our market unimpeded.

Targets today:

$HUI 552
ANV 36.50
SLW 36.60
SSRI 27.35
EXK 9.20
AG 21
RIC 7.60
HL 7.90
GPL 3.31

Several of these either hit targets from yesterday or they are still sitting near key buy areas. Don't go "all in" here but these could turn out to be nice entry areas if you have been out of the trade. These are trade areas if you have your core already but I am still holding a heavy cash position here with my EUO hedge. $XEU jumped back into its channel so I will hold on to the short.

I'd love to turn off the noise but I can't help it. Its pure entertainment now on the MSM. Like a bunch of hens trying to impress a new rooster I hear the cacophony of the reporters increasing daily with the inane cries for the "debt ceiling". What has our news cycle come to? The DEBT CEILING?? That's where we've come to? THAT'S the NEWS? Without boring you with what the real news is I believe the average ten year old could do better. Piper time kids......PIPER TIME!! You're gonna pay it.....one way or another. Play your games. Cry foul. Cry help. Cry bailout. You had your wars. You had your McMansions. You had your phony stock market runs. You had your cheap gas. Now your're gonna pay. COUNT ON IT! Oh BTW those that think granny is getting too much with Social Security and Medicare and needs to suffer too. Careful what you wish for. You just might get it in spades. gl
Posted by kliguy38 at 7:45 AM (http://kliguy38depression2news.blogspot.com/2011/07/we-must-do-something_28.html) 3 comments (http://kliguy38depression2news.blogspot.com/2011/07/we-must-do-something_28.html#comments) http://www.blogger.com/img/icon18_email.gif (http://www.blogger.com/email-post.g?blogID=199544290987009377&postID=2533612871038833834) (http://www.blogger.com/email-post.g?blogID=199544290987009377&postID=2533612871038833834)

lunar
28.07.2011, 18:15
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Football Legend Cristiano Ronaldo To Be Used As ECB Collateral (http://www.zerohedge.com/news/football-legend-cristiano-ronaldo-be-used-ecb-collateral)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/28/2011 - 12:04 default (http://www.zerohedge.com/taxonomy/term/7) European Central Bank (http://www.zerohedge.com/category/tags/european-central-bank) headlines (http://www.zerohedge.com/taxonomy/term/158) Reality (http://www.zerohedge.com/category/tags/reality) Trichet (http://www.zerohedge.com/taxonomy/term/9118)

We were pretty much speechless when we read this - it sure puts guarantees by Noyer, Trichet and all the other bureaumonkeys that the ECB does not accept just any collateral in perspective. From Presseurop.eu (http://www.presseurop.eu/en/content/news-brief/796481-ronaldo-s-new-position-bank-collateral): "The most expensive footballer in history may now be used to guarantee the solvency of a Spanish bank. “Ronaldo in the bailout fund,” headlines Süddeutsche Zeitung. The daily reports that the Bankia group of savings banks, which financed Real Madrid’s acquisition of the Portuguese player, is now seeking to borrow funds from the European Central Bank. In response to the ECB’s demand for guarantees, Bankio are putting up… Ronaldo and the Brazilian Kaka, who also plays for the Madrid football club. In 2009, Real borrowed 76.5 million euros to pay transfer fees of 100 millions euros to Manchester United, and 60 million to Milan AC."



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435855+--+From+ZeroHedge:+Football%20Legend%20Cristiano%20Ronaldo%20To%20Be%20Used%20As%20ECB%20Collateral)
Comments: 8 (http://www.zerohedge.com/news/football-legend-cristiano-ronaldo-be-used-ecb-collateral#comments)
New Comments:
Reads: 488
.
Thu, 07/28/2011 - 12:08 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/football-legend-cristiano-ronaldo-be-used-ecb-collateral#comment-1501339) caerus (http://www.zerohedge.com/users/caerus)
http://www.zerohedge.com/sites/default/files/pictures/picture-57757.jpg (http://www.zerohedge.com/users/caerus)
this is bullish for corner kicks :hihi



************************************

Als Sicherheit für die EZB Ronaldo unterm Rettungsschirm

25.07.2011, 17:55

Von Javier Cáceres, Madrid Der teuerste Fußballer aller Zeiten: Um Cristiano Ronaldo zu kaufen, hatte sich Real Madrid ordentlich bei der spanischen Sparkassengruppe verschuldet. Das Finanzhaus will nun neues Geld von der Europäischen Zentralbank, doch die verlangt Sicherheiten. Und die Sparkasse bietet: Ronaldo.

Wenn der Fußball ein gutes Geschäft wäre, so pflegte die ehemalige FC-Barcelona-Legende Josep Samitier zu sagen, "würde er den Banken gehören". Samitier ist längst tot, und die Zeiten haben sich gewandelt. Längst werden Fußballwettbewerbe wie Welt- und Europameisterschaften oder die Champions League von Kredithäusern gesponsert. Und nicht wenige Menschen nahmen den Aprilscherz, das von der Pleite bedrohte Euro-Land Portugal würde seinen Star Cristiano Ronaldo verkaufen, um die Staatspleite abzuwenden, für bare Münze.

http://polpix.sueddeutsche.com/polopoly_fs/1.1124516.1311607395%21/image/image.jpg_gen/derivatives/536x301/image.jpg (http://polpix.sueddeutsche.com/polopoly_fs/1.1124516.1311607395%21/image/image.jpg_gen/derivatives/860x860/image.jpg) Real Madrids Cristiano Ronaldo nach einem Fehlschuss. (© REUTERS)

Kein Witz ist hingegen, was nun in Spanien bekannt wurde: Der Sparkassenverbund Bankia will Forderungen an Spaniens Fußballrekordmeister Real Madrid aus millionenschweren Transferdeals als Bürgschaft hinterlegen, um sich bei der Europäischen Zentralbank (EZB) frisches Geld zu borgen. Es geht dabei um Ronaldo und den Brasilianer Kaká, die beide bei Real spielen.

Öffentlich gemacht hat dies am Montag die spanische Zeitung El País (http://www.elpais.com/articulo/economia/Bankia/usara/prestamo/fichaje/Cristiano/Ronaldo/pedir/liquidez/BCE/elpepueco/20110725elpepueco_1/Tes). Aus Unterlagen, die Bankia den Bankenaufsehern vorgelegt habe, gehe hervor, dass der in Madrid beheimatete Kassenverbund Kreditforderungen verkaufen wolle - über einen rund 770 Millionen schweren Fonds, der einen dieser sperrigen Namen trägt, die Derivate haben: "Madrid Activos Corporativos V"......

http://www.sueddeutsche.de/geld/2.220/als-sicherheit-fuer-die-europaeische-zentralbank-ronaldo-unterm-rettungsschirm-1

lunar
28.07.2011, 18:23
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Presenting America's "Fresh Start" Currency (http://www.zerohedge.com/news/presenting-americas-fresh-start-currency)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/28/2011 - 10:08 default (http://www.zerohedge.com/taxonomy/term/7) Fresh Start (http://www.zerohedge.com/taxonomy/term/8272) Obviously after its default, America will need to issue a "fresh start" currency to go with its "fresh start" balance sheet and "non-fresh start" group of thugs robbing this country's middle class blind de novo. Below we present the running contender for such "new currency" courtesy of William Banzai.

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/One%20Banana.jpg




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435850+--+From+ZeroHedge:+Presenting%20America%27s%20%22Fresh%20Start%22%20Currency)
Comments: 106 (http://www.zerohedge.com/news/presenting-americas-fresh-start-currency#comments)
New Comments:
Reads: 5,071
.
Thu, 07/28/2011 - 10:11 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/presenting-americas-fresh-start-currency#comment-1500919) redpill (http://www.zerohedge.com/users/redpill)
http://www.zerohedge.com/sites/default/files/pictures/picture-24980.gif (http://www.zerohedge.com/users/redpill)

Pfft, you can't eat bananas. Oh, nm.
Good morning ZH.

lunar
28.07.2011, 18:28
Konflikt zwischen Serbien und Kosovo

Gewaltausbruch gefährdet Belgrads EU-Strategie (http://www.spiegel.de/politik/ausland/0,1518,777168,00.html)

http://www.spiegel.de/images/image-242498-videopanoplayer-rklu.jpg (http://www.spiegel.de/video/video-1140527.html) http://www.spiegel.de/static/sys/v9/videoplayer/leiste_panoplayer_abspielen_404x27.jpg (http://www.spiegel.de/video/video-1140527.html) http://www.spiegel.de/static/sys/v9/videoplayer/leiste_panoplayer_mehr_116x27.jpg (http://www.spiegel.de/video/)

Foto: AP
http://www.spiegel.de/static/sys/v9/buttons/but_foto.png (http://www.spiegel.de/fotostrecke/fotostrecke-70924.html)http://www.spiegel.de/static/sys/v9/buttons/but_video.png (http://www.spiegel.de/video/video-1140527.html)

Mit der Auslieferung der mutmaßlichen Kriegsverbrecher Mladic und Hadzic wollte Serbien seinem Wunsch nach EU-Beitrittsverhandlungen näherkommen. Jetzt könnte der Gewaltausbruch an der Grenze zum Kosovo die Pläne der Belgrader Regierung durchkreuzen. mehr... (http://www.spiegel.de/politik/ausland/0,1518,777168,00.html) [ Video (http://www.spiegel.de/video/video-1140527.html) | Forum (http://forum.spiegel.de/showthread.php?t=40744) ]
:mad

lunar
28.07.2011, 18:37
Nach Cisco: Auch RIM baut tausende Jobs ab (http://www.wirtschaftsfacts.de/?p=12920)

Juli 27, 2011


Der BlackBerry Hersteller Research In Motion gab bekannt, im Zuge eines Plans zu Kostenreduzierungen insgesamt 2.000 Jobs abbauen zu wollen. Auch im Vorstand des Unternehmens wird es zum Austausch einiger Führungspositionen kommen. Zwar leidet Research in Motion unter vielen hausgemachten Problemen, jedoch sehen Analysten die Ankündigung als Teil einer neuen Jobabbauwelle im nordamerikanischen Technologiesektor. Darauf wies auch die zuletzt angekündigte Kürzung von bis zu 10.000 Stellen bei dem weltgrößten Netzwerkausrüster Cisco Systems hin.
Weiterlesen» (http://www.wirtschaftsfacts.de/?p=12920#more-12920)

Topics: Märkte (http://www.wirtschaftsfacts.de/?cat=7), USA (http://www.wirtschaftsfacts.de/?cat=4) |

:rolleyes

lunar
28.07.2011, 18:55
http://www.spiegel.de/images/image-242319-thumb-lqxz.jpg (http://www.spiegel.de/panorama/leute/0,1518,777154,00.html) Verbot für Roberts-Werbung

Du bist zu pretty, woman (http://www.spiegel.de/panorama/leute/0,1518,777154,00.html)

Julia Roberts strahlt - dank Photoshop - auf Werbefotos für eine Kosmetikfirma fast überirdisch schön. Zu schön für die britische Werbeaufsicht, die Kampagne wurde kurzerhand verboten. Auch in Deutschland warnen Experten vor den Gefahren des digitalen Beauty-Wahns. Von Johannes Korge mehr... (http://www.spiegel.de/panorama/leute/0,1518,777154,00.html) [ Forum (http://forum.spiegel.de/showthread.php?t=40737) ]

http://www.spiegel.de/static/forum/images/statusicon/post_new.gif (http://forum.spiegel.de/showthread.php?p=8384052#post8384052) Heute, 17:27 #38 (http://forum.spiegel.de/showpost.php?p=8384052&postcount=38) Abstrakt (http://forum.spiegel.de/member.php?u=16253)
Kein Kommentar
http://gallery.fanserviceftw.com/post/view/3953


.....es gibt wohl heute keine Werbung - sei es Männlein, Weiblein, Food oder sonst was - die nicht den Photoshop über sich ergehen liess :oo und meistens sähe das "ohne" eher nicht so prickelnd aus (um mal salazie zu zitieren ;):D)

lunar
28.07.2011, 19:12
Wall St. CEOs Warn Of Default's 'Very Grave' Consequences (http://www.huffingtonpost.com/2011/07/28/debt-deal-warning-banks_n_911922.html)

http://i.huffpost.com/gen/317253/thumbs/s-DEBT-DEAL-WARNINGS-BANKS-large300.jpg :bad (http://www.huffingtonpost.com/2011/07/28/debt-deal-warning-banks_n_911922.html)

Chief executives from the nation's largest financial firms Thursday pressured the White House and Congress to reach a deal on the debt ceiling and deficit reduction, saying the consequences of inaction ''would be very grave.''

JPMorgan's Jamie Dimon :bad Goldman Sachs' Lloyd Blankfein :bad and Bank of America's Brian Moynihan, among others, said in a letter that an agreement needs to be reached this week.

"A default on our nation's obligations, or a downgrade of America's credit rating, would be a tremendous blow to business and investor confidence -- raising interest rates for everyone who borrows, undermining the value of the dollar, and roiling stock and bond markets -- and, therefore, dramatically worsening our nation's already difficult economic circumstances,'' the letter said.......

More Business
Goldman's Unlikely Money Maker.. Big Bank's Big Cuts.. Many Underrate The Debt Crisis (http://www.huffingtonpost.com/business/)


U1naknow (http://www.huffingtonpost.com/social/U1naknow?action=comments)
48 Fans (http://www.huffingtonpost.com/social/U1naknow)
0 minute ago (1:06 PM)
I had to reread that twice! Man I tell you what people never stop making me laugh. So the people who utilize major tax breaks, or pay no taxes at all, who just duped us for whatever amount of money it ended up being, and are still fleecing America. Have warnings about the US debt? Really!! Tell you what all of yuns that are worried about it. Pony up a couple billion (which you probably owe more then that). That should help the problem you had a part in creating!!*! Just a thought!

lunar
28.07.2011, 19:51
http://www.n-tv.de/img/39/3918471/Img_16_9_450_2z6t0040.jpg8359460149990665900.jpg (http://www.n-tv.de/img/39/3918471/Img_16_9_680_2z6t0040.jpg8359460149990665900.jpg) Die Waldbrände hatten im vergangenen Jahr wochenlang die Feuerwehr in Atem gehalten.
(Foto: dpa)

Mittwoch, 27. Juli 2011

Doppelt so große Fläche wie 2010Waldbrände wüten in Russland

In Russland brennen wieder die Wälder. Und die Fläche ist bereits doppelt so groß wie bei den verheerenden Feuern im vergangenen Jahr. Die Behörden versuchen zwar zu beschwichtigen, doch auch in der Hauptstadt befürchtet man eine Rückkehr der dichten Rauchwolken.......

....In weiten Teilen Russlands schwitzen die Einwohner schon seit Wochen unter einer Hitzewelle. In Südrussland stiegen die Temperaturen stellenweise auf bis zu 45 Grad. Die Einwohner der Hauptstadt Moskau suchten bei etwa 35 Grad Abkühlung in Seen und Flüssen. So kommen auch Rettungsschwimmer ins Schwitzen: Seit Beginn der Badesaison ertranken dutzende Menschen. Sie hatten in der prallen Sonne Alkohol getrunken und verloren dann im Wasser die Kontrolle.....

....würde gerne etwas Regen von uns abgeben :rolleyes

lunar
28.07.2011, 19:58
Operation im Mutterleib (http://www.tagesanzeiger.ch/schweiz/standard/Operation-im-Mutterleib/story/21491902)

http://files.newsnetz.ch/story/2/1/4/21491902/21/teasersmall16x9.jpg?1311868948 (http://www.tagesanzeiger.ch/schweiz/standard/Operation-im-Mutterleib/story/21491902) Am Kinderspital Zürich wurden zwei Föten mit offenem Rücken während der Schwangerschaft operiert. Die Babys haben grössere Chancen, später gehen zu können, sagen die verantwortlichen Ärzte im Videointerview.....

.....Es stünden nun Sitzungen mit dem Bundesamt für Gesundheit und weiteren Vertretern der Branche an, sagte Meuli vor den Medien. Roland Zimmermann sei «ein guter Politiker», ergänzte er augenzwinkernd. Noch nicht geklärt ist die Finanzierung solcher pränataler Operationen. Sie sind nach Gesetz heute nicht kassenpflichtig. Die Krankenkassen kommen nur für Leistungen an «geborenen Personen» auf.(....hoffentlich kommen die auf die Idee, dass es vielleicht finanziell günstiger ist pränatal)
Mehr... (http://www.tagesanzeiger.ch/schweiz/standard/Operation-im-Mutterleib/story/21491902)

Von Claudia Blumer (http://www.tagesanzeiger.ch/stichwort/autor/claudia-blumer/s.html). Aktualisiert um 15:41 Uhr




Operation im Mutterleib (http://www.tagesanzeiger.ch/schweiz/standard/Operation-im-Mutterleib/story/21491902)
.
:eek ist ja schon :supi was heute so geleistet wird :cool

lunar
29.07.2011, 08:32
Libyscher Rebellenführer stirbt unter mysteriösen Umständen (http://www.tagesanzeiger.ch/ausland/naher-osten-und-afrika/Libyscher-Rebellenfuehrer-stirbt-unter-mysterioesen-Umstaenden/story/14111784)

http://files.newsnetz.ch/story/1/4/1/14111784/20/teasersmall16x9.jpg?1311919981 (http://www.tagesanzeiger.ch/ausland/naher-osten-und-afrika/Libyscher-Rebellenfuehrer-stirbt-unter-mysterioesen-Umstaenden/story/14111784) Der Oberkommandierer der libyschen Rebellen wurde heute von Bewaffneten getötet. Abdel Fattah Junes wurde zuvor von den eigenen Leuten festgenommen, weil er im Verdacht stand, ein Verräter zu sein. Mehr... (http://www.tagesanzeiger.ch/ausland/naher-osten-und-afrika/Libyscher-Rebellenfuehrer-stirbt-unter-mysterioesen-Umstaenden/story/14111784)

Aktualisiert um 07:19 Uhr 10 Kommentare (http://www.tagesanzeiger.ch/ausland/naher-osten-und-afrika/Libyscher-Rebellenfuehrer-stirbt-unter-mysterioesen-Umstaenden/story/14111784#kommentar)

******************************************

Libyan rebel military leader killed (http://english.aljazeera.net/news/africa/2011/07/2011728202129941725.html)

The death of Abdel Fattah Younes was announced in Benghazi by the head of the National Transitional Council.
The head of the Libyan rebel's armed forces and two of his aides were killed by gunmen on Thursday, the head of the rebel leadership said.

The death of Abdel Fattah Younes was announced at a press conference in the de facto rebel capital, Benghazi, by the head of the rebels' National Transitional Council, Mustafa Abdul Jalil. He told reporters that rebel security had arrested the head of the group behind the killing.

Rebel security had arrested Younes and two of his aides early on Thursday from their operations room near the rebels' eastern front.

Security officials said at the time that Younes was to be questioned about suspicions his family still had ties to Muammar Gaddafi's regime.

Younes was Gaddafi's interior minister before defecting to the rebels early in the uprising, which began in February.

Questions over killing

Jalil said that Younes had been summoned for questioning regarding "a military matter." He said Younes and his two aides, a colonel and a major, were shot before they arrived for questioning.

Al Jazeera's Tony Birtley, reporting from Benghazi, said that the body had not been handed over yet.

"One of the assailants was captured. [The groups] were described as pro-Gaddafi units."

"Now there is a hunt going in Benghazi to find those people," he said.

Jalil called Younes "one of the heroes of the 17th of February revolution," a name marking the date of early protests against Gaddafi's regime.

He said Gaddafi was seeking to break the unity of rebel forces but issued a stiff warning about unaffiliated "armed groups" in rebel-held cities, saying they needed to join the fight against Gaddafi or risk being arrested by security forces.

There were reports of gunfire outside the Tibesti Hotel, where the press conference was held, after Jalil's remarks. The rebel leader took no questions.

"[Younes] is a man who was a target," Birtley said. "It is a question of who was he targeted by: Pro-Gaddafi loyalists or people on the opposition side who didn't actually like his politics because there were questions about where his loyalties truly lay."

"This was a man who was the interior minister for Gaddafi. He was a friend and personal friend for 40 years and that friendship shone through."

"When I him he said he changed sides because the Gaddafi he knew was not the Gaddafi that was leading the country any longer."

Within an hour, at least three loud explosions shook the centre of the Libyan capital Tripoli. Two explosions were heard at 10:20pm local time, followed by another blast several minutes later, as Libyan television reported that planes were flying overhead.

Tripoli has been the target of numerous NATO air raids.

Rebel offensive

Meanwhile, Libyan opposition fighters in the western mountains have launched attacks on several government-controlled towns, hoping to push out loyalist troops and open a route to the border.

The attacks began around dawn as rebels descended from around the towns of Nalut and Jadu in an attempt to expel forces loyal to Libyan leader Muammar Gaddafi from the Nafusa mountain foothills.

By midday local time, rebels had taken and lost the town of al-Jawsh and reached the outskirts of Ghazaya, a significant base for Gaddafi's troops near the Tunisian border.

Four rebels were killed and 10 injured, while 18 loyalist troops were captured, according to opposition sources.

http://english.aljazeera.net/mritems/Images/2011/4/13/2011413113922927797_8.jpg (http://english.aljazeera.net/indepth/spotlight/libya/)
Al Jazeera's James Bays, who approached al-Jawsh with the rebel advance, said fighters initially took the town and moved on but were caught by a surprise counterattack.

Despite hitting al-Jawsh with artillery fire and attempting to clear out Gaddafi's troops, some regime forces apparently remained in town, while others fired Grad rockets after the rebels entered.

Farther west, Ghazaya had been bombard by rebel tanks and "long-range guns" throughout Wednesday night in preparation for the attack, an opposition source said.

The fight for Ghazaya continued into Thursday afternoon, and rebels claimed to have seized the nearby town of Takut.

A rebel spokesman in Jadu claimed rebels had taken Ghazaya, but that claim was not confirmed by other sources.

Hundreds of trucks carrying hundreds of fighters were involved in the operation at al-Jawsh, Bays said.

It appeared to be the largest attack by opposition fighters in the Nafusa Mountains since the conflict began.

http://english.aljazeera.net/news/africa/2011/07/2011728202129941725.html



:rolleyes [i]was für ein unüberschaubares Chaos :rolleyes

(http://english.aljazeera.net/news/africa/)
(http://english.aljazeera.net/news/africa/2011/07/2011728202129941725.html)

lunar
29.07.2011, 08:40
SNB schreibt Milliardenverlust wegen starkem Franken (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/SNB-schreibt-Milliardenverlust-wegen-starkem-Franken/story/28211748)

http://files.newsnetz.ch/story/2/8/2/28211748/15/teasersmall16x9.jpg?1311921152 (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/SNB-schreibt-Milliardenverlust-wegen-starkem-Franken/story/28211748) Die Schweizerische Nationalbank weist für das erste Halbjahr einen Verlust von 10,8 Milliarden Franken aus. Hauptgrund dafür sind Verluste auf den Fremdwährungspositionen. Mehr... (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/SNB-schreibt-Milliardenverlust-wegen-starkem-Franken/story/28211748)

Aktualisiert vor 2 Minuten 4 Kommentare (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/SNB-schreibt-Milliardenverlust-wegen-starkem-Franken/story/28211748#kommentar)


.....vielleicht sollte man einen ehemaligen Hedgefond-Manager nicht auf so einen Posten setzen :rolleyes ist eben eine andere Mentalität :oo

lunar
29.07.2011, 08:45
Börsen-Talk: «Abwarten mit Einsteigen» (http://www.cash.ch/news/front/boersentalk_abwarten_mit_einsteigen-1061217-449)

http://www.cash.ch/services/img/play/235/8391_Guru%5FFredi%5FHerbert.jpg (http://www.cash.ch/video/19562) Video
Aktualisiert vor 54 Minuten

Pascal Meisser - Er rühre momentan keine Aktie an, sagt cash-Guru Alfred Herbert im Börsen-Talk. Erst nach der nächsten Marktbereinigung sieht er wieder vereinzelte Einstiegschancen....
Grund für die kurzfristig eher pessimistische Prognose sei die konjunkturelle Zurückbindung, die in den meisten Firmen-Ausblicken herauszuhören sei, sagt cash-Guru Alfred Herbert im cash Börsen-Talk (http://www.cash.ch/video/19562). Für den Schweizer Aktienmarkt sieht er für die kommenden Wochen deshalb sinkende Kurse: „Ich sehe den SMI (http://www.cash.ch/boerse/kursinfo/fullquote/998089/4/1) zwischen 5500 und 5600. Ich warte auf ein klärendes Gewitter.“.....
mehr » (http://www.cash.ch/news/front/boersentalk_abwarten_mit_einsteigen-1061217-449)

lunar
29.07.2011, 08:51
wxQUKCyf8YA

This week Max Keiser and co-host, Stacy Herbert, look at gold's standing ovation for the Obama-Boehner debt ceiling theater. In the second half of the show, Max talks to Stefan Molyneux about the Fed audit and the debt ceiling.

Zum Original-Beitrag (http://showthread.php3?p=1400119#post1400119)
...sollte man wirklich von A - Z ansehen :cool so beschi$$en es auch ist :rolleyes banksters :bad prisons <---> healthcare :dumm etc.

lunar
29.07.2011, 09:19
Lobbyist Grover Norquist

Obamas gefährlichster Gegner (http://www.spiegel.de/wirtschaft/soziales/0,1518,777111,00.html)

Dieser Mann steckt hinter der Blockadehaltung der US-Republikaner: Grover Norquist hat fast allen Abgeordneten das Bekenntnis abgenommen, niemals die Steuern zu erhöhen. Dass die größte Wirtschaftsmacht ins Schuldendesaster schlittert, ist dem Lobbyisten egal - er sieht darin eine Chance......

....Mittlerweile hat der Lobbyist sein System sogar verschärft: Er führt genau Buch über jeden Politiker, der sein Gelöbnis unterzeichnet (Blockwart :rolleyes:bad) Wer es bricht, bekommt bei der nächsten Kandidatur einen Gegenkandidaten, den Norquist dann massiv mit Wahlkampfspenden fördert. Dieser Druck sorgt dafür, dass seit 1991 kein von den Republikanern geführter Kongress mehr Steuern erhöht hat. "Norquist ist wie ein römischer Kaiser", sagte ein Politikberater dem Magazin "Business Week". "Er hebt und senkt den Daumen." Seine Macht sei heute größer als jemals zuvor......

......Frühkindlich geprägte Abneigung gegen den Staat
Doch Norquist ficht das nicht an: Er sagt, das Defizit sei lediglich die Folge eines zu starken Staates. Seine Abneigung gegen die Eingriffe aus Washington begründet er auch schon mal mit einer frühkindlichen Prägung. So habe sein Vater ihm und seinen Geschwistern nach dem Kirchgang stets ein Eis ausgegeben. Dann sei er aber von einem zum anderen gegangen und habe sich jeweils einen Bissen stibitzt - mit dem Spruch: "Oops, das ist die Einkommensteuer, oops, das ist die Mehrwertsteuer." Norquist sagt, er habe das gehasst.

Von Christian Teevs mehr... (http://www.spiegel.de/wirtschaft/soziales/0,1518,777111,00.html) [ Video (http://www.spiegel.de/video/video-1137598.html) | Forum (http://forum.spiegel.de/showthread.php?t=40768) ]

....also dann auf eine "frühkindlich geprägte Abneigung-Zukunfts-Regierung" :dumm

lunar
29.07.2011, 09:22
SP 500 and NDX Futures Daily Charts (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-ndx-futures-daily-charts_28.html)

The early gains fall apart, as Wall Street grows increasingly 'nervy' over the House Republicans increasinly awkward looking actions on the debt ceiling. They are bending over backwards to impress a minority element in their Party.

No I am not talking about the Tea Party. I am talking about the big money corporatists, who write the politicians' pay checks. The Tea Party are hapless tools and cannon fodder for these folks, but they just don't realize it yet.

You cannot have a recovery until your reform the financial system. The white collar criminal class does not know how to say 'enough.' Their greed is obsessive - compulsive, not rational.

http://1.bp.blogspot.com/-sI830LfAnXA/TjHCpHJecRI/AAAAAAAARZg/Z3WZQ0dFb3U/s640/spfutuesdaily6.PNG (http://1.bp.blogspot.com/-sI830LfAnXA/TjHCpHJecRI/AAAAAAAARZg/Z3WZQ0dFb3U/s1600/spfutuesdaily6.PNG)

http://4.bp.blogspot.com/-WMpBVGsUyic/TjHCqyxvzYI/AAAAAAAARZk/riUpZNT0GgA/s640/ndxdaily6.PNG (http://4.bp.blogspot.com/-WMpBVGsUyic/TjHCqyxvzYI/AAAAAAAARZk/riUpZNT0GgA/s1600/ndxdaily6.PNG)



Posted by Jesse at 4:17 PM (http://jessescrossroadscafe.blogspot.com/2011/07/sp-500-and-ndx-futures-daily-charts_28.html) :verbeug

lunar
29.07.2011, 09:45
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Guest Post: Who Are The Extremists? (http://www.zerohedge.com/news/guest-post-who-are-extremists)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/28/2011 - 21:35 Afghanistan (http://www.zerohedge.com/category/tags/afghanistan) Bear Stearns (http://www.zerohedge.com/category/tags/bear-stearns) Budget Deficit (http://www.zerohedge.com/taxonomy/term/7907) Cash For Clunkers (http://www.zerohedge.com/category/tags/cash-clunkers) CPI (http://www.zerohedge.com/category/tags/cpi) Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) default (http://www.zerohedge.com/taxonomy/term/7) Deficit Spending (http://www.zerohedge.com/category/tags/deficit-spending) Fail (http://www.zerohedge.com/category/tags/fail) Fannie Mae (http://www.zerohedge.com/taxonomy/term/8221) Federal Reserve (http://www.zerohedge.com/category/tags/federal-reserve-0) Financial Accounting Standards Board (http://www.zerohedge.com/category/tags/financial-accounting-standards-board) Freddie Mac (http://www.zerohedge.com/taxonomy/term/332) Free Money (http://www.zerohedge.com/taxonomy/term/8271) Gambling (http://www.zerohedge.com/category/tags/gambling) Gross Domestic Product (http://www.zerohedge.com/category/tags/imf-strategists/imf/gse/gorelick/gm/ge/gdp/gbp/activist/gross-domestic-product) Guest Post (http://www.zerohedge.com/taxonomy/term/238) Iraq (http://www.zerohedge.com/category/tags/iraq) Lehman (http://www.zerohedge.com/category/tags/lehman) Lehman Brothers (http://www.zerohedge.com/category/tags/lehman-brothers) Medicare (http://www.zerohedge.com/category/tags/medicare) MSNBC (http://www.zerohedge.com/category/tags/msnbc) National Debt (http://www.zerohedge.com/category/tags/national-debt) Obamacare (http://www.zerohedge.com/category/tags/obamacare) Reality (http://www.zerohedge.com/category/tags/reality) Ron Paul (http://www.zerohedge.com/taxonomy/term/8807) TARP (http://www.zerohedge.com/taxonomy/term/8914) Too Big To Fail (http://www.zerohedge.com/category/tags/too-big-fail) White House (http://www.zerohedge.com/taxonomy/term/223)

http://media.washtimes.com/media/community/image/2011/04/07/obama-boehner-reid-600.jpg

The Debt Ceiling Reality Show approaches its grand finale in the next week. The world breathlessly awaits the shocking conclusion. The debt ceiling will be raised. The world will be saved. Wall Street will rejoice. Americans can focus on the important stuff again, like Casey Anthony’s upcoming book, who will win this week’s Toddlers and Tiaras pageant, and the latest app created for their iPads. Based on my observations over the last few weeks, I’m absolutely sure that 90% of the politicians in Washington DC would lose on Are You Smarter than a 5th Grader? What the public doesn’t see is the rooms filled with PR maggots in the bowels of Congress generating talking points and testing them in over night polls of the public. Their sole purpose is to generate a message that will convince the public the fiscal debacle is the fault of the other party. The goal is to gain an advantage in the next elections. The long term future of our country is unimportant to the soulless autobots that get paid to misinform and mislead the masses. Leaving unborn generations with an un-payable debt so we can selfishly cling to benefits promised to us by corrupt politicians who only made the promises so they could be elected, is the ultimate in egocentric myopia.....

.....I generally ignore the talking heads on Fox, MSNBC, CNN, and CNBC, as I could learn more from watching Cash Cab than listening to ideologues spouting their talking points. But, last night I happened to see an hour or so of Fox, CNN and MSNBC. I saw the full spectrum of right wing and left wing rhetoric and fear mongering. These stations should be ashamed to call themselves news organizations. They do not even purport to report the news. They spew talking points generated by the left and right, depending on the station’s bias. Truth is unavailable on the mainstream media.

What the public doesn’t see is the rooms filled with PR maggots in the bowels of Congress generating talking points and testing them in over night polls of the public. Their sole purpose is to generate a message that will convince the public the fiscal debacle is the fault of the other party. The goal is to gain an advantage in the next elections. The long term future of our country is unimportant to the soulless autobots that get paid to misinform and mislead the masses. Leaving unborn generations with an un-payable debt so we can selfishly cling to benefits promised to us by corrupt politicians who only made the promises so they could be elected, is the ultimate in egocentric myopia......



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435881+--+From+ZeroHedge:+Guest%20Post:%20Who%20Are%20The%20Extremists?)
Comments: 104 (http://www.zerohedge.com/news/guest-post-who-are-extremists#comments)
New Comments:
Reads: 4,071
.
Thu, 07/28/2011 - 22:21 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/guest-post-who-are-extremists#comment-1503062) Rodent Freikorps (http://www.zerohedge.com/users/rodent-freikorps)
http://www.zerohedge.com/sites/default/files/pictures/picture-30222.jpg (http://www.zerohedge.com/users/rodent-freikorps)
A politician thinks of the next election; a statesman of the next generation” --James Freeman Clarke

lunar
29.07.2011, 10:01
Ein Kran, ein Zwist




http://files.newsnetz.ch/teaser/1/7/teaser11653_element17513.jpg?time=1311925740 (http://www.tagesanzeiger.ch/zuerich/region/Todgeweihte-leben-laenger/story/11963243) Obwohl mehrfach Kredite für den Hafenkran aus dem Budget gestrichen wurden, ist er auferstanden. Todgeweihte leben länger (http://www.tagesanzeiger.ch/zuerich/region/Todgeweihte-leben-laenger/story/11963243)
:dumm

Germanasty
29.07.2011, 10:03
Unsere Italienischen Verbündeten hissen schon mal vorsorglich die Weiße Fahne:

News Headline Summary
Kathimerini writes: "Troubled Italy may opt out of loan for Greece"
ECONOMIC COMMENTARY

The rise in Italy’s borrowing costs may put in doubt its participation in the next tranche of the Greek bailout in September, eurozone officials said.

In a conference call of eurozone finance officials on Thursday, during which the next tranche of emergency loans for Greece was discussed, Italy said it might have to use the «step-out» option in September if its own financing costs rise higher the those on the Greek loans.

Full Story: http://www.ekathimerini.com/4dcgi/w_articles_wsite2_1_29/07/2011400302

lunar
29.07.2011, 10:45
Unsere Italienischen Verbündeten hissen schon mal vorsorglich die Weiße Fahne:

News Headline Summary
Kathimerini writes: "Troubled Italy may opt out of loan for Greece"
ECONOMIC COMMENTARY

The rise in Italy’s borrowing costs may put in doubt its participation in the next tranche of the Greek bailout in September, eurozone officials said.

In a conference call of eurozone finance officials on Thursday, during which the next tranche of emergency loans for Greece was discussed, Italy said it might have to use the «step-out» option in September if its own financing costs rise higher the those on the Greek loans.

Full Story: http://www.ekathimerini.com/4dcgi/w_articles_wsite2_1_29/07/2011400302

Zum Original-Beitrag (http://www.stock-channel.net/stock-board/showthread.php3?p=1400187#post1400187)
http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_29/07/2011_400302

..................................http://socaldem.smugmug.com/Other/GIFs/lighthouses/4009301_qAQNE-O-1.gif ....wo nix zu holen ist :rolleyes

lunar
29.07.2011, 11:15
Bridge27_ph1.jpg 1936 - A bridge worker looks across to the San Francisco tower as cables are spun for the Golden Gate Bridge. Photographer Unknown/ San Francisco Chronicle File Photo 1936

http://gallery.pictopia.com/sfgate/gallery/222/photo/sfgate:8483132/?o=1

lunar
29.07.2011, 11:18
Schweizer Börse fällt auf Zweijahrestief (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Schweizer-Boerse-faellt-auf-Zweijahrestief/story/15477339)

http://files.newsnetz.ch/story/1/5/4/15477339/8/teasersmall16x9.jpg?1311930279 (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Schweizer-Boerse-faellt-auf-Zweijahrestief/story/15477339) An der Schweizer Börse ist es heute Morgen zu deutlichen Kursverlusten gekommen. Der Leitindex SMI fiel in den ersten Handelsminuten vorübergehend auf den tiefsten Stand seit rund zwei Jahren. Mehr... (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Schweizer-Boerse-faellt-auf-Zweijahrestief/story/15477339)

Aktualisiert vor 37 Minuten 3 Kommentare (http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Schweizer-Boerse-faellt-auf-Zweijahrestief/story/15477339#kommentar) Update folgt...

...hab's auch bemerkt :mad

lunar
29.07.2011, 12:36
Politik: 29. Juli 2011, 10:28

«Stuttgart 21» wieder zurück am runden Tisch (http://www.nzz.ch/nachrichten/politik/international/stuttgart_21_wieder_zurueck_am_runden_tisch_1.11689506.html)

Vorstellung des Bahnhof-Stresstests unter völlig veränderten Vorzeichen

http://www.nzz.ch/images/heiner_geissler_lead_1.11691180.1311930739.jpg (http://www.nzz.ch/nachrichten/politik/international/stuttgart_21_wieder_zurueck_am_runden_tisch_1.11689506.html)Gegner und Befürworter des Bahnprojektes «Stuttgart 21» sitzen wieder an einem Tisch. Zur Debatte steht das Ergebnis des «Stresstests» für den neuen Bahnhof. Der Bahn weht ein rauer Wind entgegen. ...

(http://www.nzz.ch/nachrichten/politik/international/stuttgart_21_wieder_zurueck_am_runden_tisch_1.11689506.html)

lunar
29.07.2011, 12:47
As Big Bonuses Dry Up, Goldman Traders Quit (http://www.huffingtonpost.com/2011/07/28/goldman-sachs-traders-qui_n_912786.html)

NEW YORK, July 28 (Lauren Tara LaCapra) - More than a dozen traders have quit Goldman Sachs Group Inc's (GS.N) North American government bonds and derivatives trading desk in New York in recent months as the bank takes fewer risks and big bonuses for ambitious traders dry up.

Goldman has been handing out promotions and better pay to its salespeople, rather than the traders who manage the bank's inventory of securities and derivatives, people familiar with the bank's operations said.....


http://i.huffpost.com/profiles/815756.png?20100523085016 (http://www.huffingtonpost.com/social/americawasgreatonce?action=comments) americawasgreatonce (http://www.huffingtonpost.com/social/americawasgreatonce?action=comments)
61 Fans (http://www.huffingtonpost.com/social/americawasgreatonce)
56 minutes ago (5:41 AM)
GS is more dangerous to America and has done more harm that OBL ever did!

yappnmutt (http://www.huffingtonpost.com/social/yappnmutt?action=comments) humping legs for liberty
388 Fans (http://www.huffingtonpost.com/social/yappnmutt)
4 hours ago (3:02 AM)
don't need traders when you have hft algos to do what humans can't do with better results from better control of the market's volatility*.

....schade, dass der gruseligste von allen nicht auch geht :rolleyes:oo

lunar
29.07.2011, 15:21
:mecker

Dollar fällt unter 79 Rappen - auch Euro rekordschwach (http://www.cash.ch/news/front/dollar_faellt_unter_79_rappen_auch_euro_rekordschwach-1061560-449)

http://www.cash.ch/services/img/news/235/8393_Dollar%5FFranken%5F290711.jpg 29.07.11, 15:13

Schlechter als erwartete US-Konjunkturzahlen haben am Freitagnachmittag den Dollar, Euro und das Pfund auf Talfahrt geschickt. Alle drei Weltwährungen erreichen zum Franken neue Allzeittiefs. mehr » (http://www.cash.ch/news/front/dollar_faellt_unter_79_rappen_auch_euro_rekordschwach-1061560-449)

lunar
29.07.2011, 15:26
Guru-Flash 11:15

29.07.2011 11:05

US-Schulden - die Prügelei wird zu einer grossen Wahlveranstaltung. Jeder gegen Jeden. Und die Finanzplätze werden leiden. "Nächste Woche könnte zum Blutbad werden" äussert mir gegenüber ein sonst nüchterner Ökonom die verwirrende Lage. "Die Amerikaner wähnen sich in Hollywood, dabei sind sie in Afghanistan."

total bekloppte Amis :dumm

lunar
29.07.2011, 15:42
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Contagion Spreads To Sleepy Denmark, As CDS Surges By 20% Overnight (http://www.zerohedge.com/news/contagion-spreads-sleepy-denmark-cds-surges-20-overnight)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/29/2011 - 07:35 Bank Failures (http://www.zerohedge.com/taxonomy/term/7840) Black Swan (http://www.zerohedge.com/category/tags/black-swan) CDS (http://www.zerohedge.com/taxonomy/term/142) Commercial Real Estate (http://www.zerohedge.com/taxonomy/term/214) Creditors (http://www.zerohedge.com/category/tags/creditors) default (http://www.zerohedge.com/taxonomy/term/7) Fail (http://www.zerohedge.com/category/tags/fail) France (http://www.zerohedge.com/category/tags/france) Rating Agency (http://www.zerohedge.com/category/tags/rating-agency) ratings (http://www.zerohedge.com/category/tags/ratings) Real estate (http://www.zerohedge.com/category/tags/real-estate) Regional Banks (http://www.zerohedge.com/category/tags/regional-banks)
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/denmark%202.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/denmark%202.jpg)

When one things of Europe's default contagion, one traditionally thinks of the Club Ded countries along the Mediterranean. It may be time to change that after Denmark's CDS has surged by nearly 20% overnight, from 74 to 88, and by over a third since June 7, making it the worst performing government in the past month. The reason for this is that the country, which unlike other European nations, has allowed its insolvent banks to actually fail without masking their poor state. This in turn prompted S&P to come out with a report yesterday that as many as 15 more banks could default. In its report, S&P said that "In our base-case assumption, we estimate the gross loss due to additional bank failures to be Danish krona (DKK) 6 billion-DKK12 billion over a given three-year period. If the losses are larger than we expect, we would have to reassess our ratings on individual Danish banks, based on the impact of the fallout on each. Eleven banks have failed in Denmark since 2008. Although the banks were small by international standards, it is nevertheless an unusually high number for a developed market where bank defaults are generally rare events and extraordinary government support mostly averts losses to senior creditors. While the Danish regulatory authorities accept the concept of systemically important institutions, they have so far given no formal indication of which institutions fall under this definition. In our opinion, the banks we rate would be considered systemically important and therefore may receive extraordinary government support, beyond that defined in the country's established bank resolution scheme." So according to the rating agency any country that dares to avoid the Paulson-Summers TBTF doctrine is in prompt need of annihilation if we read this right. Either way, this latest black swan means that the crisis is creeping ever closer to German, which now has to fund two insolvency fronts: a southern and a north one. And when S&P finally puts France on downgrade review, the time to panic will have come and gone.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435891+--+From+ZeroHedge:+Contagion%20Spreads%20To%20Sleepy%20Denmark,%20As%20CDS%20Surges%20By%2020%%20Overnight)
Comments: 15 (http://www.zerohedge.com/news/contagion-spreads-sleepy-denmark-cds-surges-20-overnight#comments)
New Comments:
Reads: 1,622
.
Fri, 07/29/2011 - 07:50 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/contagion-spreads-sleepy-denmark-cds-surges-20-overnight#comment-1503825) EscapeKey (http://www.zerohedge.com/users/escapekey)
http://www.zerohedge.com/sites/default/files/pictures/picture-12885.jpg (http://www.zerohedge.com/users/escapekey)
Danske Bank received substantial aid a few years back. TBTF is very much in play in Denmark as well.

ever closer to German, which now has to fund two insolvency fronts

Whoa, there. Although running a deficit, the public sector debt/GDP ratio is not bad in Denmark, and the housing bubble has deflated to an extent. Denmark is most certainly not anywhere near the same category as Club Med - in fact, 88 bps is probably not far off the UK or US.

....wie beeinflusst das den € :confused :rolleyes

lunar
29.07.2011, 16:16
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Shit Just Got Real: Primary Dealers Called To New York Fed For Emergency Noon Meeting (http://www.zerohedge.com/news/shit-just-got-real-primary-dealers-called-new-york-fed-noon-meeting)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/29/2011 - 09:44 New York Fed (http://www.zerohedge.com/taxonomy/term/9112) From an email just sent out by Morgan Stanley's David Greenlaw:

The NY Fed just asked primary dealers to come downtown today at noon to meet with Fed and Treasury Dept officials. We expect to hear them outline a contingency plan for next week. Details to follow.




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435900+--+From+ZeroHedge:+Shit%20Just%20Got%20Real:%20Primary%20Dealers%20Called%20To%20New%20York%20Fed%20For%20Emergency%20Noon%20Meeting)
Comments: 109 (http://www.zerohedge.com/news/shit-just-got-real-primary-dealers-called-new-york-fed-noon-meeting#comments)
New Comments:
Reads: 4,869
.
Fri, 07/29/2011 - 09:50 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/shit-just-got-real-primary-dealers-called-new-york-fed-noon-meeting#comment-1504262) Atomizer (http://www.zerohedge.com/users/atomizer)
http://www.zerohedge.com/sites/default/files/pictures/picture-15332.jpg (http://www.zerohedge.com/users/atomizer)
Jump you Fuckers!


Fri, 07/29/2011 - 09:50 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/shit-just-got-real-primary-dealers-called-new-york-fed-noon-meeting#comment-1504264) DaBernank (http://www.zerohedge.com/users/dabernank)
http://www.zerohedge.com/sites/default/files/pictures/picture-42228.jpg (http://www.zerohedge.com/users/dabernank)
Inverse TARP = PDs provide funding to treasury (:rolleyes kann ich mir kaum vorstellen :oo)

lunar
29.07.2011, 16:56
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Guest Post: Whack-A-Mole (http://www.zerohedge.com/news/guest-post-whack-mole)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/29/2011 - 10:42 Ben Bernanke (http://www.zerohedge.com/category/tags/ben-bernanke) Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) Gross Domestic Product (http://www.zerohedge.com/category/tags/imf-strategists/imf/gse/gorelick/gm/ge/gdp/gbp/activist/gross-domestic-product) Guest Post (http://www.zerohedge.com/taxonomy/term/238) headlines (http://www.zerohedge.com/taxonomy/term/158) Rating Agencies (http://www.zerohedge.com/category/tags/rating-agencies) Bernanke and the Fed have to re-evaluate the grade they gave to QE2. How we have such a massive revision in Q1 GDP is hard for me to understand. Seriously, we need to find a way to get better data, but with a 0.4% quarter right in the heart of QE2, it is clear it did nothing to help the real economy. And yes, it is getting old, but I will say it again, the market is not the economy. I am now cutting all my short. I had cut some coming into this week, as I was scared of the rally, but kept enough on that I can't complain too much. I am flat and tempted to go long. We've had a big move, and government resolution is likely to come, but it feels like that is a crowded trade. No one seems really afraid, and everyone seems to expect a bounce. Just because everyone expects it, doesn't make it wrong, but I'm concerned that all the longs will pop out of their holes the second a deal is announced. They will look around for someone to panic and take them out of their positions on the debt ceiling news. Then they will look some more, and then realize that no one is caught short or surprised and they will scurry to get out of their positions. Well, I just convinced myself to go back to putting on a small short.




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435905+--+From+ZeroHedge:+Guest%20Post:%20Whack-A-Mole)
Comments:1 2 (http://www.zerohedge.com/news/guest-post-whack-mole#comments)
New Comments:
Reads: 386
.
Fri, 07/29/2011 - 10:51 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/guest-post-whack-mole#comment-1504763) BaBaBouy (http://www.zerohedge.com/users/bababouy)
http://www.zerohedge.com/sites/default/files/pictures/picture-62339.jpg (http://www.zerohedge.com/users/bababouy)
This Recovery Scam is bullshit.
The US media is behind the alleged fantasy recovery.
The BBC had a report on last night from a homeless shelter in the south, full of new homeless FROM THE MIDDLE CLASS!
They were all screaming there has never been any Recovery.

Fri, 07/29/2011 - 10:50 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/guest-post-whack-mole#comment-1504758) malikai (http://www.zerohedge.com/users/malikai)
http://www.zerohedge.com/sites/default/files/pictures/picture-41733.jpg (http://www.zerohedge.com/users/malikai)
I've got some long shorts on. You know, the ones that go past the knees. Does this make me ready for the market? :D

lunar
29.07.2011, 17:09
Gold and Silver Beyond the Limit
(http://www.thedailybell.com/2741/Peter-Schiff-Gold-and-Silver-Beyond-the-Limit)
Friday, July 29, 2011 – by Peter Schiff

Perhaps the debt ceiling should be renamed the "national debt target," for it seems Washington is always trying to reach it. One could say it's their only reliable, time-tested achievement. And without fail, upon reaching their national debt target, they promptly extend it further in order to discover how quickly it can once again be attained!

While I have little doubt that the ceiling will be raised, my readers have been curious as to the implications for gold in each of the debt and "default" scenarios possible after August 2nd. This month, I'll outline how each outcome could affect the price of gold and silver.

Bearish Gold Case #1: Debt Ceiling Not Raised - Enough Cuts Made to Avert Default

My readers know that this scenario is actually what the US government should do. The debt ceiling should not be increased and massive cuts must be made. We know this outcome is extremely unlikely - it would require not only a resolute steadfastness to sound money, but also a 180-degree change of philosophical beliefs by the majority of Congress (and the American public) overnight.

Yet in our fantasy world, if this did occur, it would be bearish for gold....

.....Over the past 50 years, the US debt ceiling has been raised over 70 times. In other words, there is no ceiling at all - it is as fictitious as the idea that central planning works, or that the US has anything resembling a "free market."

So, I guess it stands to reason that regardless of the debt ceiling increase, it is likely that the US will be downgraded by one or more ratings agencies. The effect will be massive because the world's largest pension, mutual, and sovereign wealth funds typically mandate investment only in AAA-rated securities. A downgrade of US debt means those funds must immediately sell off their primary reserve asset :rolleyes The effect of this cannot be overstated, and gold would be the first and best refuge for an onslaught of orphaned capital.
Read More (http://www.thedailybell.com/2741/Peter-Schiff-Gold-and-Silver-Beyond-the-Limit) http://www.thedailybell.com/images/blackRightArrow.gif

lunar
29.07.2011, 17:18
....ein Produkt welches mir einFreund von USA mitbringt kostet dort $250 - bei uns in Zürich CHF 360 :rolleyes die letzte Preiserhöhung in Zürich war vor einigen Tagen......
VOGUE usw. kosten ein vielfaches in CHF denn in € oder $ oder £ :gomad
das ist einfach eine riesige Sauerei :mecker

lunar
29.07.2011, 18:58
SORRY GRANDMA (http://www.huffingtonpost.com/2011/07/29/delayed-social-security-payments-debt-default_n_912763.html)
Government May Skip Social Security Payments To Prevent Default (http://www.huffingtonpost.com/2011/07/29/delayed-social-security-payments-debt-default_n_912763.html)

NEW YORK -- As the Treasury Department prepares to hit the swiftly-approaching debt limit with no agreement to lift it in sight, fears are growing that the government might opt to skip (http://www.bloomberg.com/news/2011-07-28/u-s-contingency-plan-gives-bondholders-priority.html) the next round of Social Security payments.

Experts warn that the program is such a vital source of support for so many low-income and elderly Americans that even one delayed payment could trigger a domino effect, sending millions of households into delinquency on a broad range of bills.

"What we are talking about here," said Joan Entmacher, vice president for family economic security at the National Women's Law Center, "is not the financial markets -- not that they are not important -- but the very ability of millions of Americans to buy food, pay their utility bills, their rent or mortgage and to generally function."

If Social Security payments don't come, Entmacher said, "there are a whole series of very serious, deeply frightening consequences that could, and very likely would, follow."

There are about 54.8 million Americans who receive some form of Social Security benefits each month, according to government data (http://www.ssa.gov/policy/docs/quickfacts/stat_snapshot/index.html) (see Table 2). Most payments are made to retirees, disabled individuals and certain dependent children and adults. The next monthly payment is due Aug. 3. Another 15 million Americans are also due veterans' benefits, federal or postal employee retirement benefits and other payments on that date......


Comments (14) (http://www.huffingtonpost.com/2011/07/29/delayed-social-security-payments-debt-default_n_912763.html#comments)


janha (http://www.huffingtonpost.com/social/janha?action=comments)
128 Fans (http://www.huffingtonpost.com/social/janha)

0 minute ago (12:50 PM)
This better be a bad joke because I couldn't pay my bills.

sah5151 (http://www.huffingtonpost.com/social/sah5151?action=comments)
34 Fans (http://www.huffingtonpost.com/social/sah5151)

3 minutes ago (12:47 PM)
Why is this even being discussed? SS fund that come in currently have to first go to pay the people on SS. And if there is a deficit this month the Fed Gov owes the SS trust fund Trillions of dollars, they are the major debtor to this nation. The interest payment on that debt will fund any deficit in that current month. If the President or his Sec of the Treasury do not pay the SS benifits out they will be violating the law and should go to jail!!

HUFFPOST SUPER USER
vippy (http://www.huffingtonpost.com/social/vippy?action=comments) Carpe Diem!
810 Fans (http://www.huffingtonpost.com/social/vippy)

5 minutes ago (12:45 PM)
There is a law in place that they cannot do this! But then again, these out of control incompeten*ts do anything but the right thing!

:rolleyes

lunar
29.07.2011, 19:01
Umstrittenes Bauprojekt

Geißler schlägt Kombi-Bahnhof für Stuttgart vor (http://www.spiegel.de/politik/deutschland/0,1518,777436,00.html)

Schlichter Heiner Geißler hat überraschend einen Kompromiss im Streit um das Stuttgarter Bahnhofsprojekt vorgelegt: Der Plan sieht einen Tiefbahnhof für den Fernverkehr vor - durch einen verkleinerten Kopfbahnhof würde der Nahverkehr fließen. Die Bahn lehnt einen Baustopp weiter ab. mehr... (http://www.spiegel.de/politik/deutschland/0,1518,777436,00.html) [ Video (http://www.spiegel.de/video/video-1140759.html) | Forum (http://forum.spiegel.de/showthread.php?t=40828) ]

lunar
29.07.2011, 19:10
«Eine solche Kamikaze-Partei ist nicht zu kontrollieren» (http://www.tagesanzeiger.ch/ausland/amerika/Eine-solche-KamikazePartei-ist-nicht-zu-kontrollieren/story/22198387)

http://files.newsnetz.ch/story/2/2/1/22198387/15/teaserbreit.jpg?1311958825 (http://www.tagesanzeiger.ch/ausland/amerika/Eine-solche-KamikazePartei-ist-nicht-zu-kontrollieren/story/22198387) Der Schuldenstreit verschärft sich. Eine Lösung ist nicht in Sicht. Tagesanzeiger.ch/Newsnetz-Korrespondent Martin Kilian sagt, wer die Schuld an diesem Debakel trägt und wie es ausgehen könnte.....

.....Die Republikaner haben ein Gelöbnis unterschrieben, unter keinen Umständen die Steuern zu erhöhen. :dumm
Diese Einhaltung der Fraktionsdisziplin ("Blockwarte" :bad das ist also die grosse Freiheit :bad) in den USA ist eine seltsame Sache. Das gab es bisher nicht. Jetzt ist diese plötzlich da und jeder Republikaner, der sich nicht einordnet, erhält bei den Vorwahlen einen parteiinternen Gegenkandidaten. Es zeigt, wie verrückt dieser Apparat geworden ist. Man kann von Politikern nicht eine Position einfordern, die am Ende politisch so nicht durchführbar ist.....

....Was sagt die amerikanische Öffentlichkeit zu diesem Schuldenstreit?
Die Amerikaner haben die Nase gestrichen voll von den Vorgängen in Washington. Man muss die derzeitige Krise aber auch den US-Medien anlasten, die so tun, als hätten beide Parteien Schuld an dieser Situation. Sie klären die Leute nicht auf (kein Wunder, wenn man weiss wer die Medien kontrolliert :mad) Die Hauptschuld liegt klar bei dieser Betonfraktion in der republikanischen Partei......

Mehr... (http://www.tagesanzeiger.ch/ausland/amerika/Eine-solche-KamikazePartei-ist-nicht-zu-kontrollieren/story/22198387)

Interview: Jan Knüsel (http://www.tagesanzeiger.ch/stichwort/autor/jan-knuesel/s.html). Aktualisiert vor 57 Minuten

lunar
29.07.2011, 19:19
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Fed's Emergency Meeting With Primary Dealers Ends (http://www.zerohedge.com/news/feds-emergency-meeting-primary-dealers-ends)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/29/2011 - 13:08 From RBS' O'Donnell:



NY Fed Meeting Over
No Contingency Plan For Aug 2 Discussed
No Decision On Next Week Treasury Auctions
Talks Focused On 'Market Conditions'
Translation: Tiny Tim has absolutely no idea what he will do on Wednesday, aside from telling CTRL P-dawg to sell the gold-painted Tungsten in Fort Knox of course. At $460/ounce that's not bad: still about $100 billion based on today's market prices.


http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435913+--+From+ZeroHedge:+Fed%27s%20Emergency%20Meeting%20With%20Primary%20Dealers%20Ends)
Comments: 8 (http://www.zerohedge.com/news/feds-emergency-meeting-primary-dealers-ends#comments)
New Comments:
Reads: 274
.
[/url] Fri, 07/29/2011 - 13:11 | [url="http://www.zerohedge.com/news/feds-emergency-meeting-primary-dealers-ends#comment-1505479"]http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/users/cdad) Cdad (http://www.zerohedge.com/users/cdad)
http://www.zerohedge.com/sites/default/files/pictures/picture-30934.jpg (http://www.zerohedge.com/users/cdad)
Sargent at Arms! Arrest those men leaving the NY Fed building...immediately! Save the nation and arrest the criminal syndicate Wall Street bankers. They are all grouped up and vulnerable.
Sargent at Arms! Do your job!

Fri, 07/29/2011 - 13:13 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/feds-emergency-meeting-primary-dealers-ends#comment-1505495) faustian bargain (http://www.zerohedge.com/users/faustian-bargain)
http://www.zerohedge.com/sites/default/files/pictures/picture-8227.jpg (http://www.zerohedge.com/users/faustian-bargain)
Talks focused on how to manipulate market conditions.

lunar
29.07.2011, 19:27
Submitted by Jim Quinn of The Burning Platform (http://www.theburningplatform.com/?p=19304)

This Country Defaulted Long Ago

“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved.” – Ludwig von Mises

lunar
30.07.2011, 09:05
WELL, THAT WAS FUN (http://www.huffingtonpost.com/2011/07/29/john-boehner-debt-ceiling-bill-vote_n_913723.html)
Senate Shoots Down Boehner Bill, As Expected.. Time Winding Down To Reach Deal (http://www.huffingtonpost.com/2011/07/29/john-boehner-debt-ceiling-bill-vote_n_913723.html)


Harry Reid Unveils $2.4-Trillion Deficit-Cutting Proposal (http://www.huffingtonpost.com/2011/07/29/harry-reid-debt-ceiling-bill-mcconnell-cbo_n_913839.html)
Could Senate Republicans 'Filibuster The Nation Into Default'?.. (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#365_chuck-schumer-the-country-is-in-crisis) U.S. Accused Of Being 'Kidnapped' By 'Dangerously Irresponsible' Politics.. (http://uk.reuters.com/article/2011/07/29/uk-usa-debt-idUKTRE76L6FD20110729) Debt Debacle Causing Jitters Worldwide.. (http://www.nytimes.com/2011/07/30/business/global/global-concern-over-us-debt-ceiling-disagreement.html) LATEST UPDATES (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html)

WASHINGTON -- The House of Representatives passed a bill on Friday to raise the debt ceiling and cut $22 billion from next year's spending. Passed as part of a power play by Speaker John Boehner (R-Ohio), the bill (http://clerk.house.gov/evs/2011/roll677.xml) died in the Senate later Friday evening.

In retribution, the House announced it will vote on Saturday against a different debt ceiling bill authored by Senate Majority Leader Harry Reid (D-Nev.), in order to prove that his legislation is dead on arrival in the House.

The House voted on Boehner's bill just four days before the government may begin to default on its loans, after two earlier versions failed to win over anti-spending stalwarts in his party. The Senate then voted to table the bill in a 59-41 vote. All Democrats, along with Republican Sens. Jim DeMint (R-S.C.), Rand Paul (R-Ky.) Mike Lee (R-Utah), David Vitter (R-La.), Lindsey Graham (R-S.C.) and Mark Kirk (R-Ill.), voted against it.

The Senate now plans to strip Boehner's bill of its content and replace it with language crafted by Reid.......





Comments (18,716) (http://www.huffingtonpost.com/2011/07/29/john-boehner-debt-ceiling-bill-vote_n_913723.html#comments)
| Debt Ceiling (http://www.huffingtonpost.com/news/debt-ceiling)
.
.




HUFFPOST PUNDIT
Carolab (http://www.huffingtonpost.com/social/Carolab?action=comments) 62 and liberal in Minnesota
1191 Fans (http://www.huffingtonpost.com/social/Carolab)
1 minute ago (2:54 AM)
GOP voters are the problem. Some are rich and greedy. But most are just greedy and big-oted people who believe that their tax money is funding "welfare" and they mistakenly lump Social Security and Medicare into that without realizing that nobody gets Social Security without paying into the system and the amount they receive is entirely dependent on their lifetime earnings, nor do they realize that people on Medicare do actually pay premiums (currently $115 per month) and many also pay "gap" policies from private insurers (my mother's is $219 per month) to cover the 20% that Medicare doesn't pay, after their deductible*s and out-of-poc*ket limits are met.

ChuckNorris2016 (http://www.huffingtonpost.com/social/ChuckNorris2016?action=comments)
6 Fans (http://www.huffingtonpost.com/social/ChuckNorris2016)
4 minutes ago (2:51 AM)
The Republoica*n Party has a Social program for you:
WORK HARDER
WORK FASTER
WORK LONGER
OBEY GOD

peacekitten (http://www.huffingtonpost.com/social/peacekitten?action=comments) primum non nocere.
2180 Fans (http://www.huffingtonpost.com/social/peacekitten)
3 minutes ago (2:52 AM)
you left off
DROP D E A D

lunar
30.07.2011, 09:13
O'Reilly's Surprisingly Harsh Words For Republicans (http://www.huffingtonpost.com/2011/07/29/bill-oreilly-lashes-out-a_n_913380.html)

Bill O'Reilly took some Republicans to task on his Thursday show, saying that they needed to stop their "craziness," tone down their "hateful rhetoric" and pass a debt ceiling increase (http://www.huffingtonpost.com/2011/07/27/debt-ceiling-deadline-_n_911605.html#s280957&title=The_Stock_Market).

Speaking to guest host Laura Ingraham from Los Angeles, O'Reilly said he had taken a "moderate" stance on the debt crisis, and he warned Republicans who have so far been unwilling to pass a debt ceiling increase would only be helping President Obama, who he said had taken an "enormous hit" from the debate.

"The only thing that can save Barack Obama at this point is craziness on the right," he said. "...It's not only going to hurt the Republican party, which has already been hurt, but it's going to save President Obama who they hate.".....




Comments (http://www.huffingtonpost.com/2011/07/29/bill-oreilly-lashes-out-a_n_913380.html#comments)
| Bill O'Reilly (http://www.huffingtonpost.com/news/bill-oreilly)
.
.
.
starzzbizz (http://www.huffingtonpost.com/social/starzzbizz?action=comments)
1 Fans (http://www.huffingtonpost.com/social/starzzbizz)
23 minutes ago (2:39 AM)
O'reilly is for once speaking the truth! This fight was never really about the debt ceiling it was for the Republican*s trying to setup President Obama. The hateful Republican*s cannot stand the fact that they have to answer to a Black President. This has always been clear to me and many other people and O'reilly is right the Republican*s are so full of hate that they can't see that people can see right through them. The Republican*s think that people are stupid! The Republican Party is a disgrace to this nation. The Republican*s are so blinded by hate that they cannot see that they are hurting this country!


NeverBendover (http://www.huffingtonpost.com/social/NeverBendover?action=comments)
3 Fans (http://www.huffingtonpost.com/social/NeverBendover)
37 minutes ago (2:25 AM)
Bill O is not really a republican*/conservat*ive. He is just a shill for the corporates who will also be hurt if the debt ceiling is not raised. No wonder he has dropped his republican*/conservat*ive act in these dire times. People who follow his moves know that he drops his republican act as soon as the republican ideology nutters whose leash is not in the hands of the corporate camp exercise their simpleton ideology and hurt corporate interests.

lunar
30.07.2011, 09:32
Guess The Artist (http://www.huffingtonpost.com/2011/07/31/guess-the-artist-photo_n_913837.html)

More Arts
Artist Lived In Trash.. Walmart's Museum Will Be Free.. 'Powhida'.. (http://www.huffingtonpost.com/arts/)





Comments (18) (http://www.huffingtonpost.com/2011/07/31/guess-the-artist-photo_n_913837.html#comments)
| Painting (http://www.huffingtonpost.com/news/painting)

lunar
30.07.2011, 09:38
Turkey's top military leaders quit (http://english.aljazeera.net/news/europe/2011/07/2011729153617904781.html)
New Turkish land force chief appointed after top commanders request early retirement over rift with government.....

......General Isik Kosaner, the head of the Turkish armed forces, has quit along with the heads of the ground, naval and air forces.

The country's state-run Anatolia news agency said on Friday that the military chiefs wanted to retire because of tensions with Recep Tayyip Erdogan, the recently re-elected prime minister.

Anatolia reported Kosaner as resigning "as he saw it as necessary".

In a written statement released after the news of the generals' retirement, Erdogan said that the armed forces would continue to do their duty in a spirit of unity.

Erdogan also named General Necdet Ozel, head of the gendarmerie paramilitary force, as both the commander of the ground forces and acting chief of the armed forces. Abdullah Gul, the president, approved the appointment.

Ozel was the only one among the top commanders not to ask for retirement......

Last Modified: 30 Jul 2011 04:12 GMT
Read More (http://english.aljazeera.net/news/europe/2011/07/2011729153617904781.html)

:gruebel :confused :rolleyes

lunar
30.07.2011, 09:45
Deaths in Syria mass protests (http://english.aljazeera.net/news/middleeast/2011/07/201173003822243302.html)

Rights group say security forces killed at least 20 people as it continued its crackdown on protests across the country.....

....Syrian forces have shot dead at least 20 civilians in attacks on pro-democracy demonstrations across the country, a Syrian rights group said.
Thousands of protesters took to the streets nationwide for the 17th consecutive Friday to demand an end to President Bashar al-Assad's 11-year rule, activists said by telephone, defying an intensifying military crackdown on an uprising for political freedoms.

"The security forces are continuing violent repression against peaceful demonstrations demanding freedom and the downfall of the regime, firing live ammunition at most protests all over Syria on Friday," Syrian human rights organisation Sawasiah said in a statement sent to Reuters.

Sawasiah said it had the names of 20 people killed in the cities of Latakia, Hama, Homs, Deraa, Kiswa, Deir ez-Zor and in and around the capital Damascus.......

Last Modified: 30 Jul 2011 06:11 GMT
Read More (http://english.aljazeera.net/news/middleeast/2011/07/201173003822243302.html)

:(:gomad

lunar
30.07.2011, 09:54
http://www.nzz.ch/images/design_museum_mailand_teaserTopNews_1.11689494.1311924698.jpg (http://www.nzz.ch/nachrichten/kultur/kunst_architektur/der_stoff_aus_dem_die_traeume_sind_1.11685732.html) Der Stoff, aus dem die Träume sind



Das Design-Museum der Mailänder Triennale ... (http://www.nzz.ch/nachrichten/kultur/kunst_architektur/der_stoff_aus_dem_die_traeume_sind_1.11685732.html)
Bildstrecke: Mailänder Triennale (http://www.nzz.ch/nachrichten/kultur/aktuell/ausstellung_an_mailaender_triennale_1.11694615.html?independent=true)

lunar
30.07.2011, 09:58
29 July 2011

The Great Recession in the US Is Worse Than We Were Previously Told (http://jessescrossroadscafe.blogspot.com/2011/07/great-recession-is-worse-than-we-were.html)

With all the hoo-hah over the deficit fandango, relatively little attention was paid to the latest GDP number and the prior revisions to growth.

The US needs to get serious about jobs creation and median wage growth. Austerity does not facilitate growth, despite the corporatist spin to the contrary.

The problem with the first stimulus package was that it was too heavily weighted to tax cuts, and not programs to stimulate domestic growth and investment, rather than consumption. Cutting taxes, including capital gains taxes, do not promote growth. Reducing government in and of itself does not promote growth. These are fallacies.

To accomplish its goals, the US must prioritize its spending away from financial and military adventurism, and let go of the false theories of efficient markets and trickle down growth.

That will be difficult given the current structure of the country's leadership and the embedded nature of its crony capitialism.

Consumer Metrics Institute (http://www.consumerindexes.com/index.html)
Lakewood, Colorado
July 29, 2011

BEA Reports 1Q-2011 and "Great Recession" Far Worse Than We Were Previously Told
Included in the BEA's first ("Advance") estimate of second quarter 2011 GDP were significant downward revisions to previously published data, some of it dating back to 2003. Astonishingly, the BEA even substantially cut their annualized GDP growth rate for the quarter that they "finalized" just 35 days ago -- from an already disappointing 1.92% to only 0.36%, lopping over 81% off of the month-old published growth rate before the ink had completely dried on the "final" in their headline number. And as bad as the reduced 0.36% total annualized GDP growth was, the "Real Final Sales of Domestic Product" for the first quarter of 2011 was even lower, at a microscopic 0.04%..........

Posted by Jesse at 11:04 PM (http://jessescrossroadscafe.blogspot.com/2011/07/great-recession-is-worse-than-we-were.html)


***************************************


30 July 2011

Who Owns US Treasury Debt? (http://jessescrossroadscafe.blogspot.com/2011/07/who-owns-us-treasury-debt.html)

http://1.bp.blogspot.com/-sB1YHSiE4oY/TjOIVnqM8OI/AAAAAAAARaU/p-fSsuS4_D0/s640/treasury-holders.png (http://1.bp.blogspot.com/-sB1YHSiE4oY/TjOIVnqM8OI/AAAAAAAARaU/p-fSsuS4_D0/s1600/treasury-holders.png)


h/t Barry Ritholz
Posted by Jesse at 12:29 AM (http://jessescrossroadscafe.blogspot.com/2011/07/who-owns-us-treasury-debt.html) :verbeug

lunar
30.07.2011, 19:25
Politik: 30. Juli 2011, 17:01

Ankara um Schlichtung des Streits mit Armee bemüht (http://www.nzz.ch/nachrichten/politik/international/ankara_um_schlichtung_des_streits_mit_armee_bemueht_1.11712232.html)

Präsident Gül stimmt Ernennung von kommissarischen Generalbstabschef zu

http://www.nzz.ch/images/guel_lead_1.11712233.1312038292.jpg (http://www.nzz.ch/nachrichten/politik/international/ankara_um_schlichtung_des_streits_mit_armee_bemueht_1.11712232.html)Nach dem Rücktritt der gesamten türkischen Militärführung hat sich die Regierung in Ankara am Samstag um eine Schlichtung des Konflikts mit der Armee bemüht. Präsident Gül habe der Ernennung Özels zum kommissarischen Generalstabschef zugestimmt. ...

(http://www.nzz.ch/nachrichten/politik/international/ankara_um_schlichtung_des_streits_mit_armee_bemueht_1.11712232.html)

lunar
30.07.2011, 19:28
Der Schuldenstreit wird für die US-Armee zum Ernstfall (http://www.tagesanzeiger.ch/ausland/amerika/Der-Schuldenstreit-wird-fuer-die-USArmee-zum-Ernstfall/story/17750680)

http://files.newsnetz.ch/story/1/7/7/17750680/9/teasersmall16x9.jpg?1312046614 (http://www.tagesanzeiger.ch/ausland/amerika/Der-Schuldenstreit-wird-fuer-die-USArmee-zum-Ernstfall/story/17750680)
Die einen wollen keine neuen Steuern, die anderen keine Kürzungen beim Sozialstaat. Da bleibt nur noch das bisher Undenkbare: Das Verteidigungsbudget wird zur Manövriermasse im Schuldenstreit. Mehr... (http://www.tagesanzeiger.ch/ausland/amerika/Der-Schuldenstreit-wird-fuer-die-USArmee-zum-Ernstfall/story/17750680)

Aktualisiert um 17:26 Uhr

...keine Kriege mehr :oo

lunar
30.07.2011, 19:40
'EXTRAORDINARILY DANGEROUS' (http://www.huffingtonpost.com/2011/07/30/iraq-war-review-deadlier-now-than-year-ago_n_913928.html)
U.S. Watchdog: Iraq Less Safe Now Than A Year Ago (http://www.huffingtonpost.com/2011/07/30/iraq-war-review-deadlier-now-than-year-ago_n_913928.html)






Comments (1,420) (http://www.huffingtonpost.com/2011/07/30/iraq-war-review-deadlier-now-than-year-ago_n_913928.html#comments)
| Iraq (http://www.huffingtonpost.com/news/iraq)
.
.
http://i.huffpost.com/profiles/978950.png?20100411182659 (http://www.huffingtonpost.com/social/mstock57?action=comments) mstock57 (http://www.huffingtonpost.com/social/mstock57?action=comments) Go commando

213 Fans (http://www.huffingtonpost.com/social/mstock57)

4 minutes ago (1:32 PM)

To state the obvious, we should never have gone there in the first place.
.
http://i.huffpost.com/profiles/1008250.png?20100507200050 (http://www.huffingtonpost.com/social/YouTubeJEFF9K?action=comments) YouTubeJEFF9K (http://www.huffingtonpost.com/social/YouTubeJEFF9K?action=comments) Big on the Big Picture.

288 Fans (http://www.huffingtonpost.com/social/YouTubeJEFF9K)
15 minutes ago (1:22 PM)

Contact George W. Bush. He lied us into war; maybe he can lie us out!

lunar
30.07.2011, 22:19
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
43 Senate Republicans Oppose Reid Plan; Lacks Votes To Clear Cloture (http://www.zerohedge.com/news/43-senate-republicans-oppose-reid-plan-lacks-votes-clear-cloture)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/30/2011 - 13:55 Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) President Obama (http://www.zerohedge.com/category/tags/president-obama) Proposed Legislation (http://www.zerohedge.com/category/tags/proposed-legislation) After the Senate promptly voted down Boehner's congressional plan, now it is the GOP's turn to return the favor after a House vote on Reid's bill is imminent at around 2:30 pm EDT, and will result in a vote down in kind. Furthermore, as The Hill reports, virtually the entire Republican block in the Senate has sent a letter to Reid expressing their opposition to his proposed legislation. "Their unified opposition to the bill leaves Democrats at least three votes short of the 60 needed to a clear cloture and virtually assures its defeat when it comes up for a vote tonight or tomorrow morning. Only moderate Republican Sens. Susan Collins (Maine.), Olympia Snowe (Maine), Scott Brown (Mass.) and Lisa Murkowski (Alaska.) did not sign on the letter." This is not surprising and it means that the only potential plan is one based on compromise, most likely using the uber-toothless McConnell plan which essentially just raises the ceiling by $2.5 trillion or so and envisions nothing else, as a framework. That said, we doubt a compromise plan is feasible especially since Wall Street refused to take the bait and umble at least 10% in the past week. In other words, we may well enter the Asian open again, not to mention FX in 26 hours, with absolutely nothing firm on the table. Only this time, there will be 24 hours until the Treasury runs out of cash, sales of Fed tungsten notwithstanding.



http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435935+--+From+ZeroHedge:+43%20Senate%20Republicans%20Oppose%20Reid%20Plan;%20Lacks%20Votes%20To%20Clear%20Cloture)
Comments: 76 (http://www.zerohedge.com/news/43-senate-republicans-oppose-reid-plan-lacks-votes-clear-cloture#comments)
New Comments:
Reads: 2,060
.
.
Sat, 07/30/2011 - 14:07 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/43-senate-republicans-oppose-reid-plan-lacks-votes-clear-cloture#comment-1507954) Superslam (http://www.zerohedge.com/users/superslam)
http://www.zerohedge.com/sites/default/files/pictures/picture-58645.jpg (http://www.zerohedge.com/users/superslam)
Since it's not looking good on Capitol Hill, do you think the Russians would be interested in buying back Alaska along with some Palins to be named later?

Sat, 07/30/2011 - 14:45 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/43-senate-republicans-oppose-reid-plan-lacks-votes-clear-cloture#comment-1508010) Brother Revegen... (http://www.zerohedge.com/users/brother-revegend-magoun)
http://www.zerohedge.com/sites/default/files/pictures/picture-10019.jpg (http://www.zerohedge.com/users/brother-revegend-magoun)
Yes, but Palin will make a discount in this deal.

Sat, 07/30/2011 - 14:46 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/43-senate-republicans-oppose-reid-plan-lacks-votes-clear-cloture#comment-1508013) HungrySeagull (http://www.zerohedge.com/users/hungryseagull)
http://www.zerohedge.com/sites/default/files/pictures/picture-13191.jpg (http://www.zerohedge.com/users/hungryseagull)
And we can cut California to China and give New York to the Italians.
That should settle everything.

lunar
31.07.2011, 11:54
ANOTHER DAY DOWN THE DRAIN (http://www.huffingtonpost.com/2011/07/30/reid-vote-delayed-to-sund_n_914153.html)
But Signs Of Deal Emerge As Senate Postpones Debt Vote (http://www.huffingtonpost.com/2011/07/30/reid-vote-delayed-to-sund_n_914153.html)

[/url]WASHINGTON -- A final Senate vote on raising the nation's debt ceiling was put off 12 more hours as the two sides inched toward a long-sought agreement.

Senate Majority Leader Harry Reid (D-Nev.) announced late Saturday evening that he would be delaying a previously scheduled 1 a.m. vote in an effort to give more breathing room for negotiations between his counterpart, Senate Minority Leader Mitch McConnell (R-Ky.), and the Obama administration.

"There are many elements to be finalized and there's still a distance to go before an arrangement can be completed," Reid said. "And I believe we should give everyone as much room as possible to do their work."

The vote to postpone the vote was passed without objection, offering an additional suggestion that the two sides were nearing a deal.

What that deal will actually look like has been as unclear as the chances of a deal occurring at all. But on Saturday some important pieces of information surfaced. Several Democratic lawmakers and top aides told The Huffington Post that the party had not moved from its position that any extension of the debt ceiling go through the 2012 elections, something that Reid himself conveyed in his remarks.

"There can be no short-term agreement, and I'm optimistic that there will be no short-term arrangement," he said.......




[url="http://www.nytimes.com/2011/07/31/us/politics/31fiscal.html"]NY Times: Compromise Could Affect Social Security (http://www.huffingtonpost.com/2011/07/30/reid-vote-delayed-to-sund_n_914153.html)
Reid Blasts GOP Leaders: They 'Refuse To Negotiate In Good Faith'.. (http://www.huffingtonpost.com/2011/07/30/harry-reid-debt-ceiling_n_914133.html) Pelosi: Boehner 'Chose To Go To The Dark Side'.. (http://www.huffingtonpost.com/2011/07/30/house-votes-down-democratic-debt-proposal_n_914093.html) John Kerry: 'I Have Never Seen The Governing Process So Broken'.. (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#liveblog) LATEST UPDATES (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#liveblog)




Comments (4,602) (http://www.huffingtonpost.com/2011/07/30/reid-vote-delayed-to-sund_n_914153.html#comments)
| Health Care (http://www.huffingtonpost.com/news/health-care)
.
.
http://i.huffpost.com/profiles/1490317.png?20110223201527 (http://www.huffingtonpost.com/social/Voltaire911?action=comments) Voltaire911 (http://www.huffingtonpost.com/social/Voltaire911?action=comments) Beware of the Kabuki Dance of Opposition

394 Fans (http://www.huffingtonpost.com/social/Voltaire911)

7 minutes ago (5:38 AM)

One issue that both parties agree on. The wars must go on forever.
.




http://i.huffpost.com/profiles/88817.png?20091203061821 (http://www.huffingtonpost.com/social/farmerlady?action=comments) farmerlady (http://www.huffingtonpost.com/social/farmerlady?action=comments) I'm really a blonde--so there!

1008 Fans (http://www.huffingtonpost.com/social/farmerlady)

11 minutes ago (5:35 AM)

When the last minute deal is pushed through, everyone will expect us to be immensely relieved and oh, oh so grateful, so thankful, that we'll overlook the fact that our entire public sector has been spectacula*rly gutted.

During election time, the TP will claim credit for having "forced Obama to be accountabl*e for his out of control spending" and it will work. The so.w's ear will become a silk purse in their hands, again.

I'm sorry friends, but we've been had. Royally.





http://i.huffpost.com/profiles/405199.png?20101007142644 (http://www.huffingtonpost.com/social/Fi?action=comments) Fi (http://www.huffingtonpost.com/social/Fi?action=comments) There, by the Grace of God, go I.

985 Fans (http://www.huffingtonpost.com/social/Fi)

0 minute ago (5:46 AM)

I agree, they have all pushed their luck this time, and I have just E mailed the WH, to tell the POTUS people will not understand if SS, Medicare/a*id is on the table.
.
....wie triste diese Mannen alle aussehen :oo

lunar
31.07.2011, 12:14
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
ABC Reports Tentative Debt Ceiling Deal Reached Between GOP And Obama (http://www.zerohedge.com/news/abc-reports-tentative-debt-ceiling-deal-reached-between-gop-and-obama)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/30/2011 - 22:55 Debt Ceiling (http://www.zerohedge.com/category/tags/debt-ceiling) Medicare (http://www.zerohedge.com/category/tags/medicare) President Obama (http://www.zerohedge.com/category/tags/president-obama) White House (http://www.zerohedge.com/taxonomy/term/223) This could very well be another red herring like the NYT article from two weeks ago that proved to be a dud, but for what it's worth according to ABC's Jonathan Karl, the White House and the GOP have just reached a tentative deal as follows...



Debt ceiling increase of up to $2.8 trillion
Spending cuts of roughly $1 trillion
Special committee to recommend cuts of $1.8 trillion (or whatever it takes to add up to the total of the debt ceiling increase)
Committee must make recommendations before Thanksgiving recess
If Congress does not approve those cuts by late December, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare.


http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435943+--+From+ZeroHedge:+ABC%20Reports%20Tentative%20Debt%20Ceiling%20Deal%20Reached%20Between%20GOP%20And%20Obama)
Comments: 253 (http://www.zerohedge.com/news/abc-reports-tentative-debt-ceiling-deal-reached-between-gop-and-obama#comments)
New Comments:
Reads: 10,069
.
.
Sat, 07/30/2011 - 22:59 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/abc-reports-tentative-debt-ceiling-deal-reached-between-gop-and-obama#comment-1508839) Conrad Murray (http://www.zerohedge.com/users/conrad-murray)
http://www.zerohedge.com/sites/default/files/pictures/picture-13051.jpg (http://www.zerohedge.com/users/conrad-murray)
Keep paying your taxes while we print you slaves into the dustbin. Muahahaha!


Sat, 07/30/2011 - 22:59 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/abc-reports-tentative-debt-ceiling-deal-reached-between-gop-and-obama#comment-1508841) tsx500 (http://www.zerohedge.com/users/tsx500)
http://www.zerohedge.com/sites/default/files/pictures/picture-15279.jpg (http://www.zerohedge.com/users/tsx500)
I smell a false-flag 'event' coming sometime by end of 2011. Gonna get real interesting.


Sat, 07/30/2011 - 23:52 | http://www.zerohedge.com/sites/all/modules/slashcomments/images/permalink.gif (http://www.zerohedge.com/news/abc-reports-tentative-debt-ceiling-deal-reached-between-gop-and-obama#comment-1508954) TruthInSunshine (http://www.zerohedge.com/users/truthinsunshine)
http://www.zerohedge.com/sites/default/files/pictures/picture-38071.jpg (http://www.zerohedge.com/users/truthinsunshine)

"Of the banks & Wall Street, by the banks & Wall Street, and for the banks & Wall Street."
And don't ever forget it. This is Amerika.

lunar
31.07.2011, 12:27
Der weiße Strich: Protest auf Augenhöhe (http://einestages.spiegel.de/static/topicalbumbackground/23065/protest_auf_augenhoehe.html)

Schaut her, hier steht eine Mauer! Vor 25 Jahren zogen fünf Freunde aus der DDR einen kilometerlangen weißen Strich quer über die Westseite der Berliner Mauer. Die Protestaktion brachte einen der Freunde ins Gefängnis - ein anderer entpuppte sich als Verräter....... Von Katja Iken (http://einestages.spiegel.de/static/profile/4579/katja_iken.html)

"Macht aus dem Staat Gurkensalat" (...gilt auch für heute :oo)
Mit diesem Foto dokumentierte die Stasi Sprühaktionen der Weimarer Punks und Friedensaktivisten. Anfang der achtziger Jahre hatten sie ihrem Unmut gegen das System der DDR-Diktatur mit Slogans wie "Aktiver Widerstand" und...


http://einestages.spiegel.de/external/ShowTopicAlbumBackground/a23065/l16/l0/F.html#featuredEntry

lunar
31.07.2011, 12:29
Grünes Wissen: Sehen Sie den Wald vor lauter Bäumen? (http://www1.spiegel.de/active/quiztool/fcgi/quiztool.fcgi?id=58858)
.
.....ich war mittelmässig :rolleyes

lunar
31.07.2011, 12:43
Politik: 31. Juli 2011, 11:38

Panzereinheiten stürmen syrische Protesthochburg Hama (http://www.nzz.ch/nachrichten/politik/international/panzereinheiten_stuermen_syrische_protesthochburg_hama_1.11715728.html)

Nach einmonatiger Belagerung eröffnet die Armee das Feuer auf Zivilisten

http://www.nzz.ch/images/hama_3172011_videobilder_youtube_lead_1.11720129.1312104344.jpg (http://www.nzz.ch/nachrichten/politik/international/panzereinheiten_stuermen_syrische_protesthochburg_hama_1.11715728.html)Panzereinheiten haben die syrische Stadt Hama gestürmt. Nach Angaben von Bewohnern starben dabei Dutzende von Personen. Nach fast einmonatiger Belagerung seien die Panzer im Morgengrauen in die Stadt gerollt und hätten das Feuer auf Zivilisten eröffnet. ...

:gomad


(http://www.nzz.ch/nachrichten/politik/international/panzereinheiten_stuermen_syrische_protesthochburg_hama_1.11715728.html)

lunar
31.07.2011, 12:46
1500 Franken für arme Ex-Raucher (http://www.tagesanzeiger.ch/schweiz/standard/1500-Franken-fuer-arme-ExRaucher/story/24223125)

[/url]Sozial Schwache, die sechs Monate auf Zigaretten verzichten, sollen künftig finanziell belohnt werden. Laut einem Bericht werden rund 1000 Teilnehmer für eine im Herbst startende Studie gesucht. [url="http://www.tagesanzeiger.ch/schweiz/standard/1500-Franken-fuer-arme-ExRaucher/story/24223125"]Mehr... (http://www.tagesanzeiger.ch/schweiz/standard/1500-Franken-fuer-arme-ExRaucher/story/24223125)

Aktualisiert um 11:27 Uhr

:rolleyes ....was würden wohl die Tea-Partler dazu sagen :rolleyes:oo

lunar
31.07.2011, 19:40
Super Congress Getting Even More Super Powers In Debt Deal (http://www.huffingtonpost.com/2011/07/31/super-congress-debt-ceiling-deficit-deal_n_914272.html)

More Politics
Krugman: 'No Light At End Of Tunnel'.. Pelosi: Boehner Chose 'Dark Side'.. Cost To Obama (http://www.huffingtonpost.com/politics/)

http://i.huffpost.com/profiles/1647103-2.png?20110730165928 (http://www.huffingtonpost.com/social/Joe_Corbett?action=comments) HUFFPOST SUPER USER
Joe Corbett (http://www.huffingtonpost.com/social/Joe_Corbett?action=comments)
153 Fans (http://www.huffingtonpost.com/social/Joe_Corbett)
0 minute ago (1:37 PM)
I think they have found a way to unite us.

http://i.huffpost.com/profiles/1022927-2.png?20110422065849 (http://www.huffingtonpost.com/social/AmigaMan?action=comments) AmigaMan (http://www.huffingtonpost.com/social/AmigaMan?action=comments) Your micro-bio will never meet our guidelines.
576 Fans (http://www.huffingtonpost.com/social/AmigaMan)
4 minutes ago (1:34 PM)
To think... So many people died in the Armed Forces to protect the political institutio*ns of this great nation. Now a gang of thugs want to usher in the Fourth Reich.

lunar
31.07.2011, 19:42
http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Filed Under Exponential (http://www.zerohedge.com/news/filed-under-exponential)

Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 07/31/2011 - 13:37 http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/Debt%20Ceiling%20chart.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/draghi/Debt%20Ceiling%20chart.jpg)

By now everyone has seen this. And if the haven't, they should.




http://www.zerohedge.com/sites/all/themes/images/twitter.png (http://twitter.com/home/?status=http://www.zerohedge.com/node/435954+--+From+ZeroHedge:+Filed%20Under%20Exponential)
Comments: 1 (http://www.zerohedge.com/news/filed-under-exponential#comments)
New Comments:
Reads: 101

lunar
31.07.2011, 19:50
LAST-MINUTE SCRAMBLE (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#liveblog)
McConnell: 'We're Very Close' To A Deal.. (http://www.huffingtonpost.com/2011/07/31/mitch-mcconnell-debt-ceiling-deal_n_914251.html?1312119665) Details Begin To Emerge.. Paul Krugman: 'No Light At The End Of This Tunnel' (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#liveblog)


Boehner May Only Get Half Of House GOP To Back Bill (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#liveblog)
LIVE VIDEO: Senate Rejects Reid Bill.. (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#liveblog) White House Official: 'We Don't Have A Deal' Yet.. (http://www.huffingtonpost.com/2011/07/31/david-plouffe-debt-ceiling-deal_n_914274.html) McConnell: We'll Need Democratic Support.. (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#liveblog) Top Dem: Deal Is Death Of Keynesianism.. (http://www.huffingtonpost.com/2011/07/31/durbin-debt-deal-keynes-deficit_n_914356.html) MoveOn Rips Potential Deal.. (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#liveblog) LATEST UPDATES (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#liveblog)






Comments (28,243) (http://www.huffingtonpost.com/2011/07/29/debt-ceiling-deadline-default_n_913809.html#comments)
| Deficit (http://www.huffingtonpost.com/news/deficit)
.
Snarky McSnarkster (http://www.huffingtonpost.com/social/Snarky_McSnarkster?action=comments) Opposed to hypocritical Christians
439 Fans (http://www.huffingtonpost.com/social/Snarky_McSnarkster)
0 minute ago (1:43 PM)
"Closing loopholes" is just horsechit since new loopholes can be opened just as fast as they can be closed. Dems should not accept this as a bargaining chip.