Market Ticker: Caution: Mortgage Explosions Just Starting (And More)

The simple message here is the national economic fabric is continuing to
unravel and we have not seen anything yet. They plan to rewind ..and not to
be kind. This is kill the bit players ..by their own description.

An early warning that this is far from over may offer us some protection.

But economically this analysis is disturbing to me by the description of the
breath of the problem and the damage that maybe inflicted.
Also, if i am understanding the implications of the Fed's and the government
treasury responses they maybe making it even worse as they are definitely
protecting the big players.
http://market-ticker.denninger.net/2008/04/caution-mortgage-explosions-just.html

Mish's Global Economic Trend Analysis: Buffett: Recession Longer, Deeper Than Most Think

They are now making it official. The sky..is..falling!

http://globaleconomicanalysis.blogspot.com/2008/04/buffett-recession-longer-deeper-than.html

Mish's prediction on the general direction of the economy is that it will take an "L" form and this is rather than the more traditional recession forms of a "V" or maybe a "U". Though a "W" is also another down turn possibility in recessions 'we have known'.

So what's an "L"?..... We'll it is similar to what happened to Japan's economy in the early nineteen nineties. It went down and it just stayed down for about 17 years. The Japanese economy didn't grow and the working population just stood still and then recently it again seems to have possibly woke up. Of course the Japanese had been stuffing their pillows with Yen/dollars so they didn't experience the down turn as a collapse.

Of course, what makes the "L" form non predictable for the U.S. is this country is actually bankrupt on a number of significant levels and the productive population.... those who pay the bills are also 'plastic broke'. Our national manufacturing base has consisted of house building and with all the appendages that could ever be desired.

We then joyfully sold these contrived money boxes which where too large for our shrinking families aswell as too far away from the job and too costly to maintain too each other until we where all... so rich... and we all had our fill of ....playing house. And what people will eventually end up living in is a modified Motel Six with the porch light off.

But then the actual bill came as a big surprise and that's when we all tried to sell at once just like in any...other...Ponzi pyramid game. You know the game where everyone looses other than that first guy out the door and who also takes it all with him. And that's what Charles Ponzi did in the nineteen twenties here in the U.S. So this is just a very large variation on an old scam of something for nothing and the nothing is actually what we are ending up with.

And now all the MacPalaces are again turning into pumpkins...and when we look at them and even if we squint ...they now seem to be just rotting Pumpkins. And as to that money tree we had seen planted on the front lawn it now turns out is wilted and dieing.

And of course our other dollar machine has been weapons and war. And the strange thing about armaments and their by products... Wars! They are both the most profitable of our national industries which keeps the equities markets from hemorrhaging before our eyes. But very little ever seems to make it back into our economy. They have one customer the tax payer and they are always shown as red on the governments books... like in blood.

And then we have the price of life necessities going up but none of that profit shows up in the peoples pockets either. The 'smiley car' oil corporations and the food and grain cartels seem not to hand anything back as they legally rob us of our own wealth.

And how deep is the vertical (fall) side of the "L" and how long is the horizontal line of the base? Some analyst are giving estimates on the first of three too five years for the 'fall' line before our feet even feel the sludge on the bottom.

And as to those few who are using the "L" for a predicted explanation. They are just not saying much about that mysterious horizontal line as it seems we will be in another world reality when we finally get down there. And who knows what lurks in those "briny deeps"?

The market's worst is yet to come - MSN Money

http://articles.moneycentral.msn.com/Investing/ContrarianChronicles/TheMarketsWorstIsYetToCome.aspx

re: chem trails

Peggy,
Thanks much for the chem trail article. It has credibility and which allot
of these types of reports can lack. And I sent it along to a number of
people.
To me the obvious next step would be to determine if their is a seasonal and
regional pattern to the spraying or is it still in the random testing stage.
Though i do recall the reports and later confirmed that the CIA was spraying
the Bay Area in the early seventies. I believe i read this in Acid Dreams,
by: Lee, and which was published in the mid eighties.

So if it's with a blanket pattern i have to assume they have gone to the
first stage of exterminating us.
For those who are able to entertain the thought of big brother and his
helpers. And if we step back from the mechanics of what they maybe doing and
why in the U.S. rather than South America or Africa. I think we have to
conclude that the North American continent is now being seen as a whole with
out nationalistic borders and aswell considered a third world environment.
I say this since they are not spraying the population density areas of the
nation or at least from this report if i am reading it correctly.
So for those who are entertaining world dominance strategy their is nothing
special about most of the North American continent. Other than a few
financial power centers and which 'they' are also functioning in.
Larry

Consumer Health Articles: CHEMTRAILS IN THE SKY AND THE NEW MICROBES

http://www.consumerhealth.org/articles/display.cfm?ID=20000830164825

Fw: [bajajscooter] Re: All Alone in Perkasie

Enclosed is from my Bajaj Scooter and auto rickshaw site.
The issue for America at all levels is the pog, price of gas.
----- Original Message -----
From: casingpoint
To: bajajscooter@yahoogroups.com
Sent: Friday, April 25, 2008 5:10 PM
Subject: [bajajscooter] Re: All Alone in Perkasie

With gasoline skyrocketing towards $4/gal, those yelling Perkasieites
may want to ask where you got that scooter. Vespa and Cushman
scooters were once ubiquitous with male teenagers throughout the Rust
Belt in the Fifties and Sixties when gas was two bits or less and
before Honda screwed the works. I have talked with the outcast one
recently , scootersalami, and he has been looking most frequently
into his glass ball, actually an endless succession of glass beer
bottles, and has seen nothing but doom and gloom for the U.S. economy
until the end of the decade, characterized by rising consumer good and
commodity
prices coupled with stagnant and declining pay rates for middle class
America. Perfect breeding conditions for scooters.

Stephen J. Sniegoski -- THE WAR ON IRAQ: CONCEIVED IN ISRAEL, part one thru four.

http://www.thornwalker.com/ditch/snieg_conc1.htm
This is a very through commentary on the most important aspect of the
United States involvement in the middle east wars which are killing and
manning thousand. And as well driving this country into economic depression.
It clearly documents that the neo cons are carrying water for the Israel
Zionist and to the extent of fighting two wars against Israelis enemies.
Especially while Israel itself has no troops involved.

As the author points out it is rare for an empire (super power) to fight the
wars of an individual state. But in this case the neo cons who now control
the administration are either openly Zionists or have adopted the
perspective of the Zionists.

And we should also recognize that the tactics to convince and then involve
the U.S in the attack on Iran are the same as what was used to involve us in
attacking Iraq and Afghanistan. "The threat of terrorism by the Arabs." We
attacked because we where told Iraq and Afghanistan where a threat to our
security. And 9/11 was conceived and carried out by Iraq.

The middle east conflicts are not oil wars....Though we are frequently told
that is what they are about. The middle east wars are about Zionist Israelis
dominance in the middle east.
And that is quoting the current statements of the Zionists in the U.S.
government as well as the 'advisers'.

The subject is extremely important and complex so it is presented in four
parts.
And as the author points out that discussion and criticism can be presented
on just about any political subject with the exception of what Israelis
motives, intentions and actions are. And especially sensitive is the roll of
control by American Zionists for the benefit of a foreign country...Israel.
This is usually called treason but in the case of the American Zionist this
rule is over looked.

Israel has no supporters in it's expansionist wars with it's Arab neighbors.
The U.S. has no (actual) allies in it's two intrusive costly wars in the
middle east with the exception of Israel. Are we collectively so dumbed down
that we can't conclude what the rest of the world finds to be clearly
evident. That we are the aggressor and we are doing the bidding of Israel.

Wealth fund warns of worst slump for 30 years - Business News, Business - The Independent

http://www.independent.co.uk/news/business/news/wealth-fund-warns-of-worst-slump-for-30-years-813403.html
I don't believe a recession has yet been declared by the money lenders.
So here they are talking about the worst even before it has officially
started.
Could this lack of candidness have something to do with their problem that
if they acknowledge recession and the economy continues to fall people will
soon expect and acknowledgment that we have now gone in to depression.

Link TV | Mosaic: World News From The Middle East

http://www.linktv.org/mosaic

Peak Oil: Life After the Oil Crash

http://www.lifeaftertheoilcrash.net/BreakingNews.html
And of course some of this is caused by grain stock manipulation by the big
five. Locally some could be caused by individuals hording but over all we
have to recognize that a slew of countries and some being grain producers
have halted grain exports.

China recently was willing to pay three times more for fertilizer than it
had cost them in the past. This is a grain price issue but it is also
natural gas cost which is the energy form used to produce nitrogen
fertilizers.

And then we have biodiesel and such for our vehicles. It seems we would
rather burn corn than eat it. We'll actually we eat it but only indirectly
as we feed it to animals that we then eat.
Isn't their something very wrong in that chain of events? We'll if we can't
seem to see it for ourselves i think the distortion and hunger will help us
ponder our actions.

So why should we be surprised if it is coming apart at all the seams?

'One in five US servicemen has brain injury' - Telegraph

http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2008/04/18/wiraq118.xml
It's a different war than in the past with far more battle inflicted brain
injuries and EVEN acknowledged mental illness.
And soon these guys will be coming home ..too what?
We'll i doubt they will be leaving their problems behind.
And all those churchy on the trunk stickers about supporting our troops.
And usually on large older cars with blue hair behind the wheel.
I wonder if we will see many saying how they support the mentally damaged
and ill as well as unemployed or unemployable veterans?

I think they will soon be seen as those druggies hanging near the dumpster
behind the 7-11.
A problem? no way! that's why we lead the world in prison construction.

Behind Military Analysts, the Pentagonâ?Ts Hidden Hand - New York Times

http://www.nytimes.com/2008/04/20/washington/20generals.html?_r=1&th&emc=th&oref=slogin
I found this painful to read that the 'retired generals' as a group
continually and collectively sold out the U.S. military personal and the
country for their need for continued prestige as well as enormous profits
from the various media outlets and military contractors. They are quoted
here in detail. Their only excuses seems to be the manipulators where too
big to oppose. Which really means they would have got locked out from their
emotional and money cookie jar.... Bad boy's don't get cookies!

Collectively they come across as 'yes men' and moral cowards.
It's easier to give orders than to confront what is wrong if it involves
loosing the systems perks. Personal courage is really a rare commodity and
it appears it is not concentrated in the U.S. military field grade officer
class.
You may recall the recently retired (fired) Admiral (Fox Fallon) for the
middle east command was quoted as stating their would be no attack on Iran
while he was in command.
Also, his quoted remark that General Petraeus his replacement was: a chicken
shit brown nose. Sure sounds like the right man to get the job done.
What job? Lie and cover up the situation especially in Iraq and then attack
Iran.

So if you watch TV and especially Fox Media they had no intention of giving
you factual information and analyst. There intention was and is to mislead,
conceal and just plain lie to the listener.

Fortunately, through it all their where a few field grade officers (retired)
who spoke the truth. Though these where never hired by the media as
consultants. Also these where trashed as i can recall by the pentagon, the
administration and the national news media when they tried to warn the
nation that we where being lied too..

And through it all our rank and file military personal continues to die for
the neo cons and these kiss ass brass hawks own glory.

My advice to everyone is just don't listen to any 'news' on TV or the so
call (miss called: talk shows) as they intentionally miss inform and play to
our obvious fears and prejudices. They tell us what they know we want to
hear and then add their own poison as well.

And this is why the government has cut funding to the NPR and forced some of
the independents off the air. Dude, it's mind control coming at us big time.

If this was reporting from the business channels by analysis for some
industrial sector (background) report ...It's sucker beware.
But in this case it's indorsing and supporting two needless wars which has
killed and wounded our military personal as well as killing hundreds of
thousands of people in Iraq. And destroyed the country for the power crazed
goals of a few greedy neo cons and the military industrial corporations.

They want to control our minds so fight back and don't listen to them is our
best everyday weapon.

The earth, the animals and CO2 blanket

It seems we generally would rather choke to death and currently pay $115 bbl for crude oil than give up our CO2 producing motor vehicles. So if that's the way 'it is' we may want to consider another option to reduce petroleum use. And yes, i am aware of the promised wonders of the electric car and which i consider an energy illusion such as the current over heated panacea ...ethanol fuels. And maybe by using more hydroelectric and nuclear power sources we could delay the day of transportation energy reckoning. But even with those possible options it will be short term and not a solution.. Also, neither is suitable as a mobile fuel. Petroleum and the industrial/transportation society are inseparable.

We are all living in a green gas chamber so as to options if we continue as we are the options for all of us will soon be either a quick gulp or holding our breaths for a few seconds longer while fiddling with the electric 'plug in's' and the innovative combustion fuel mixes.

Giving up our meat/dairy addictions is what i am proposing we do... first. A meat/dairy based human diet requires more energy and produces more pollution than all of the... transportation fuels... we use combined. Remember, we grow grains to feed 'live stock' which we then eat. And it doesnt get any less energy efficient than that equation.

The option. As and option to parting with the petroleum fueled vehicles I am suggesting people may want to consider going to a vegetable based diet.

It would require no new and massive technical innovations. Just eating what grows from the ground including the grains we now feed to the animals that we in turn then eat while millions of people starve. I found these statistics that may justify this approach at this site and I'm sure their are many other detailed statistics being offered.

http://www.eatveg.com/realities.htm

And also with this grain/veggie approach we would be much more healthy and all of us better fed. Someone might say...you are being facetious. But isn't this the reality of the situation if we look at the energy consumption figures being presented. And as too the question of how would we implement these changes?

Simple... just start know and switch to a vegetable diet. No special training or degree required. This change-over would at some point include no liquor or tobacco which are both enormous energy consumers. Maybe we don't want to confront addiction and indulgence as well as saving the world all at once. But you know you had planned to quit the evil weed and the devil's brew anyway. And seriously saving the world is our priority. We are loosing our walk about rights and patching things up just will not work.

Painful...at first, of course. But the pay off which is continued life for all the planets species is the ultimate reward. In fact, if i maybe candid and not intending any offence to anyone. Isn't life for 'all species' far more rewarding than the mythical eternal life for us that so many of the worlds religions offer to their followers?

I want to mention another option that i am not hearing about at the moment but I'm sure will soon recycle which is space travel and colonization of other solar systems. Though this is presented as a serious possibility and may actually be possible if someone deciphers string theory and finds a back door through the membrane of time. And as you can see the proposal to eat your vegetable's.... is a lot closer to home for all of us.

So giving up eating other animals flesh and not consuming dairy lactates might now seem more a possibility than it did a moment ago.

The wheel.... in all forms is ultimitly our species absolute imbedded power symbol over all things on this planet. And of course consuming all the other animals just reaffirms for us that we are number one and on the top and it's all here for us. The down side of that elitist perspective is we have excluded ourselves from the other species and aswell the earth and the universe. Yeah, it makes us both lonely and it seems like... expendable. So i see it as a dead end perspective for survival. And unfortunately for everything including ourselves we seem to be willing to die for this misconstrued symbol of world domination.

And another comparison to consider. The earth... is not... a symbol...nor is it in any way for our consumption. It is the wheel of life and we can ride with it or all die on it. We can not define or bargain with creation.

Area C strikes fear into the heart of Palestinians as homes are destroyed Israelis defend rules that reject 94% of non-Jewish building applications ::

http://www.uruknet.de/?p=m43112&hd=&size=1&l=e

Bloomberg.com: Currencies

In real estate and the equities mkt their is a proven to be right adage
which is initially rarely believe until the pain is felt: "Never chase a
falling market."
And if we also apply this too the dollar people will experience less pain.
Another current truism seems to be as the dollar falls gold/silver
...and...oil will ascend.
Getting out of the burning house is more important than getting in on the
ground floor in a new market.

What is difficult for us to comprehend is the coming economic down turn is
not containable.. The Feds nor the world monetary system has yet to stop the
slide and they are trying by devaluing the reserve currency the dollar.
The hope being to float up and out with the excess fiat currency.
But the actual result is the dollar is very quickly becoming toast... and
without butter or jam.
http://www.bloomberg.com/apps/news?pid=20601083&sid=aB_M3SLY_cKQ&refer=currency
Are the U.S. super wealthy also loosing? Some are loosing big time..But for
them they have the reserves to return by their initial inaction.

1948 Palestinian exodus: Information and Much More from Answers.com

Attached is a short history course of which Americans seem tobe completely
unaware of these significant events having happened.
I came across this information in the mid fifties from reading Jewish
intellectual journals which where discussing this situation.
It seemed over my head at the time but i knew it was important.

Their was concern and discussion in some U.S. Jewish circles. But the
general enthusiasm for a Jewish state over-road all other concerns that
where raised by the Jewish minority.
Millions of Jews in Europe had been murdered by the Nazi's and the Zionist
homeland was the top priority. Every Temple in the U.S. was raising funds
for the new country. And the kids all wanted to go live on a kibbutz.
The general American press never mentioned what had or was happening in the
middle east. Also we where NOT middle east oil dependent at that time.

Much later the recent forming of a Israel state by European Jews was used as
an example by a U.S. TV documentary series on the history of war ... of how
Empires are formed. The series was very academic and keenly followed by the
American public who watched the history channel programs. If I hadn't
actually read what had happened i would have been 'taken in' aswell.
It was presented as an academic abstract that the Palestinians had been
displaced by the newly arriving European Jews to form Israel.
Though i can't recall if they mentioned this was also the U.S. continental
expansionist solution for the extermination of native Americans. But I doubt
that would have left the story as just abstract and history. In our case it
had been presented in the nineteenth century as a Christian war against
godless (redskin) heathens. American white farm boys of the day wanted to
join the army and go kill injuns.

In Israel it was part of the Jewish home land destiny myth which reads.
'Palestine was really Israel other than for a 'few' Arabs..who really didn't
belong their since they where come lately squatters.

It seems for the U.S. they got away with it by defeating all native American
Indian nations.... other than the Seminole's. Actually the war with that
nation was our longest war against the native peoples.

When you watch those vintage movies from the thirties and forties you will
NEVER today see the propaganda flicks we all watched where the 'Indians'
where the bad guys and the u.s. army always comes to the rescue of the
heroic covered wagon "settlers" just in the nick of time before they are all
scalped...by the bad guys..... the red skins. Whose native language was
Hollywood pigeon English. It was the same language that Tonto used when
responding to the long ranger so we where pretty sure it was authentic.
It was every Saturday after lunch a double feature for a quarter. And guess
who we cheered for?

I don't think the ultimate out come in the middle east will be the same.
Unless... Israel is able to extinguish Iran at some point soon... the tide
will finally turn against Israel.
Israel has very good war strategist so I'm sure they are aware that they
need to act now against Iran. Especially while they can still work under the
cloak of the U.S. nuclear Empire.

The U.S. pretends they are a friend and ally of Israel which of course is a
saccharin lie as the administration would burn their own mother if it
extended their power over the middle east.
Also, the Allies in the second world war made no effort to save Jews from
extermination in Europe. And the Jewish leaders of the time asked repeatedly
for help to save millions of people.
Do you think the leaders of Israel are unaware of this fact. They recognize
the U.S. would throw them to the mercy of the Arabs if it served their
immediate purpose.
You have doubts? Their is a very significant and powerful Israel lobby in
the U.S. which influences all decisions regarding the middle east.
But with oil supplies diminishing, populations increasing which affects
world demand, crude @ $115 bbl. and gas pump prices expected to reach $5..
this summer. What will come first as a priority Israel expansionisms or U.S.
self serving needs for middle east Arab crude oil? And that's right....
Israel doesn't have any natural resource other than dried fruit... like in
dates. Actually they manufacture allot of weapons for export.
So it's snakes in a barrel hoping the others will fall asleep.
http://www.answers.com/main/ntquery?s=since%20the%20Nakba%20in%201948.%20%20&fw=2&fc=3&gwp=16

Jewish Liberals to Launch A Counterpoint to AIPAC - washingtonpost.com

This is very welcome and it indicates that both in numbers and dollars the
Zionist and their equivalent the Christian right have almost complete
speaking rights for the Jewish political perspective in the U.S. and middle
east.
As to influencing congressional elections.. i am afraid it will be tears on
a hot skillet for the liberal Jewish organization. The Zionist will as usual
come down really hard on any candidate who speaks out against Zionist Israel
or shows concern for Palestine political rights issues.
http://www.washingtonpost.com/wp-dyn/content/article/2008/04/14/AR2008041402647.html

Bush / Cheney to Attempt Possible Coup | War On You

"Hey, they can't do that... this is America. And I'm a American!"
http://waronyou.com/2008/04/bush-cheney-to-attempt-possible-coup/

Talk by Gail Tverberg

This is a first in a series of talks on oil and the future of the world using economics as the reference. Gail is frequently writing these important analysis on oil subjects and aswell food, climate change and economics.

Gail is a mathematician rather than a economist so she defines issues more precisely than what we are usually offered.

Unfortunately, the spoken word is not Gail's best medium but she's got the facts combined with experience to convince us of the conclusion offered...so it's well worth listening too. And for those who would rather not know. Her over all conclusions are not pleasant.

http://www.theoildrum.com/node/3846

Financial Sense Newshour Expert ~ John Williams 04.12.2008

One of the best of the financial analysis who is a former international
money trader.
He is stating we are now experiencing a 11.4% inflation and it will continue
to climb. While at the same time 2010 will be the begging of another great
depression.

He further states Washington and at all branches and levels is very aware of
this but since they can offer no answers they are reluctant to discuss it.

His advice is...If you are forewarned then use this time to prepare for what
is coming.
http://www.financialsense.com/Experts/2008/Williams.html