Theo Spark

Sunday, 23 May 2010

And Today's Weather is.............

What is your Country No 1 at...........

Click to enlarge

Ad: Rexona Stunt City...........

The next sound you hear............from Rico

The next sound you hear will NOT be a crash, but a rather big "splash" as the FDIC becomes the next failure to need bailing out by YU the taxpayer. How does a trillion dollars sound?

FDIC "insures" over 8,000 banks with an nsurance fund that has a negative balance.
- From 2000 to Oct 2007, 27 banks were closed by the FDIC. Nearly eight full years. Only 27 banks shuttered.
- From Nov 2007 to now, 237 banks have been closed. There are more to come. Bad debts and commercial real estate (CRE) loans will 'insure' a comma in the number of failed banks before we're done.

In April, 17 banks were closed. So far in May, it's 15. Year to date, 73.
- BUT there are over a thousand bank vaults stuffed with toxic waste, not cash.

I think of the "big four" banks (Citi, Bank of America, Wells Fargo, JP Morgan) as quasi-GSE's today. They are "too big to fail" and will be saved by the government at all co$t$...and believe me, it's gonna cost YOU. (Where do you think the government gets all its money from, anyway?)
- These four banks hold $7 trillion dollars in assets.
- The 'other' 8,095 FDIC-insured banks just under $6 trillion dollars in assets. Think of many of them as "too small to succeed" under today's centrally-planned economy. They are toast. Done. Walking dead (zombie banks) as I write this. More than 10% of them are in deep trouble. Strap on the Wellies now (saving the hip waders for next) because we're going to be in very deep muck ourselves soon.

She(ila) Bair, FDIC Chairman, had 252 'problem' banks listed as 2008 closed. The list was 702 as 2009 ended. Today the government admits to having 775 on their problem list. Yeah. Sure. Righty-O! You can take that number to the bank, eh?
- Like unemployment numbers, the "official" numbers are half the "real" numbers, so are the phoney "official" numbers on the economy and the financial sector....double what you're being told/what is being admitted to by the bureaucrats-in-clownshoes.

Video: Torpedo Squadron 8 - John Ford's Tribute To Fallen Soldiers At The Battle Of Midway 1942

Sunday Totty..........

Les Phillip, Principled Leadership AL-05

I wish I could vote for him! However, I can support him with $$$ and so can you. I know him, well. He is a solid constitutional strong candidate and leadership our country is thirsting for. If you can't vote for him in June, support him here!

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Saturday, 22 May 2010

Hiz"B'Allah Moderates

Hiz'B'Allah Moderates?!

WTF?

"There is certainly the elements of Hiz'B'Allah that are truly a concern to us what they're doing. And what we need to do is to find ways to diminish their influence within the organization and to try to build up the more moderate elements"

Uh, sure - Great Satan should be clamouring to see these 'Hiz'B'Allah moderates"

With flies walking on their eyeballs.

Pic "Great Satan loves Hiz'B'Allah! They taste like chicken" with Megan from GrEaT sAtAn"S gIrLfRiEnD

Rebel News

Loggin' in Siberia

Hoh River Boy's Weekend Spookies!

The War Weary Farmer

The Centers Hold

Rebel 5 Saturday

Saturday Night is Bath Night............

TWITTER GOES TO WAR

o another dead body leaving SalaDaeng! still smoke, sirens in the background, couldn't be anymore dramatic here! (about 4 PM Bangkok)

Sean Linnane struggles to get his head around this new technology . . .

. . . . . . . . . . . . . STORMBRINGER

Cartoon Round Up....

Video: Mustangs for the RAF (P-51A)

Saturday Totty..........

The "fix" is in....from Rico

I've been observing this for some time.
- After a 'down' day in the DJIA, particularly on Fridays just before market close, there is a 'bump' that saves the day.

Sometimes it is subtle, like an 'invisible hand' (pardon me Adam Smith, I could not resist this) waves the worries (and losses) away. OK, swell, but it's more likely the Plunge Protection Team and the FED fiddling with the market.

Today was exceptional, however. Blatant. It's right out in the open for all to see. It is crystal clear that the market is being manipulated. The "fix" is in. The game is "rigged" and Mom & Pop retail investor simply have NO CHANCE against Goldman Sachs, et al (you know, the trading companies that cannot "lose" money in the markets...the ones making money whether the markets go up or go down) who somehow seem to "know" which way to jump every single time. Every time, not just a lot of the time or most of the time...EVERY time.

Unbelievable!

Video: The end of 13 years of Labour

H/T DucSup

Needs a longer runway...........

H/T Rodney

EEBEN BARLOW

Eeben Barlow is a former lieutenant-colonel in the Permanent Force of the South African Defence Force; he served in the Engineer Corp, the Reconnaissance Wing of the elite 32-Battalion, Military Intelligence and in the shadowy Civil Co-operation Bureau division of Special Forces.

Barlow eventually formed Executive Outcomes, a private military company . . .

Read it . . . . . . . . . . . . . STORMBRINGER

Friday, 21 May 2010

Girding Our Loins

"...The Obama administration has won agreement from Russia and China on new sanctions against Iran. Assuming that these are adopted by the UN Security Council they will do about as much to block Iran’s drive for nuclear weapons as League of Nations sanctions against Italy for its 1935 invasion of Abyssinia did to prevent World War II..."

Psychic daemoneoconic avatar Dr M puts steel on target.

From the English language acrobats at GrEaT sAtAn"S gIrLfRiEND