Saturday, 22 October 2011
The Shalit Deal: Whetting The Arabs' Appetite.............by Dan Friedman
It is incredible what political simpletons Jews are. They shut their eyes to one of the most elementary rules of life, that you must not "meet halfway" those who do not want to meet you. -- Ze'ev (Vladimir) Jabotinsky, “The Iron Wall,” November 4, 1923
Just the other day I wrote:
“Beyond the debate over the morality or justice of Israel’s deal to release 1000 terrorists for one kidnapped soldier lies a simple fact: the Arabs always regard Israel’s last offer – even if rejected – as the starting point for new negotiations. Now that the Shalit formula has turned out “successfully,” the precedent has been set. If Israel wants to get the Arab thorn out of its side, it will have to give exponentially more than it receives. And even then Israel will have to accept the likelihood its bargain will come back to haunt it.”
Ynet, 10.21.11
Abbas: Olmert promised more prisoners after Shalit
Palestinian president claims former prime minister secretly vowed to release larger number of detainees after captive soldier's return; tells Time Magazine he expects Netanyahu to keep predecessor's promise.
Read the whole story here including Abbas’s doubletalk; some of the best since Al Kelly passed away.
Dan Friedman
NYC
News............
Madonna, and the 1%, in a Taxi Cab
Murder by Hot Grease
Ghadaffi & The Sitcom Prediction
BLACKFIVE: US Chamber of Commerce launches program to hire vets
Iran will be cheering the loudest at US Iraq withdrawal
CDR Salamander: Fullbore Friday
Green-jobs success: Jobs created … in Finland
Lech Walesa Not Attending #OccupyWallStreet in New York After Discovering Hard-Left Organizers
22 October SWJ Roundup | Small Wars Journal
Saudi crown prince dies aged 83
BLACKFIVE: Celebrations in Libya
Germany: You Know, This Fourth Reich, Euro-Superstate Thing Really Doesn’t Work For Us If Some Dick Smoker From Brussels Is In Charge « SOYLENT GREEN
Occupy…
NATO says it didn't know Kadafi was in targeted Libyan convoy
Venezuelas Chavez says Muammar Qaddafi is รข martyr
Musharraf: U.S.-Pakistan Relationship At New Low
US boosts pressure on Pakistan over terrorism
Gaddafi caught like "rat" in a drain, humiliated and shot
I don’t mean to whine, but…
Is the Obama Administration Playing the Race Card in Alabama?
'Iran to soon move nuclear material to bunker'
Herman Cain tweaks 9-9-9 tax plan
In absence of peace, future Israel-France ties uncertain
Nasrallah: 'Next time, we'll begin with attack on Tel Aviv'
Megadonors pump money into SuperPACs
Wal-Mart cuts health coverage for new part-time workers
Obama ends bus tour with pitch to subdued crowd
A Worker's Compensation Defense Attorney On California's Disbursement Of Employment Development Benefits To Illegal Aliens
What Harry Reid Can Teach the GOP About 2012
Senate Votes Down Trimmed Version of Obama's Jobs Bill
Obama: GOP jobs vote 'unacceptable'
Suicide of a Superpower
St Paul's to close for first time since World War II
Tunisian elections: Islamist party expected to triumph as Arab Spring faces first democratic test
Libya is back on the map
India to deploy Bomb Drop Dog
Currency Crisis Heightens Trans-Atlantic Tensions
Hard up students turning to prostitution
Gallup Poll: Only One President Had Lower Approval Rating Than Obama at This Point in His Presidency
Bad man killed, worse may win
Muammar Gaddafi: The many misspellings of the now-dead former Libyan leader
The CURE was POISON................from Rico
Who can forget the failure of Lehman and the frantic activity to 'save' ....er, something, and do it quickly?
- Never let a good crisis go to waste.
The CURE was POISON.
The true cost of the "bailout" of the TBTF friends-of-Hank Paulson is shown in the attached chart.
- If there had been no bailout the cost would have been $3.5 trillion less.
Not shown is the additional $1.2 trillion in annual additional costs because of this bailout ...for each future year!
Yowza!!!!
Despite what Timmy G. and our moronic politicians say, near infinite debt always ends in near infinite pain. It won't be any different this time.
- You'll have to laugh through your tears. You're on the hook for it happy taxpayer! 
Friday, 21 October 2011
A bad rerun of the '70's?...............from Rico
Some of us are old enough to remember Jimmuh Carter's near-destruction of America. I won't get into that here, but will only mention that Barry is outdoing him by a mile!
It is worth bearing in mind that (a) you should never underestimate the stupidity of a bureaucrat or politician, and (b) while history does not repeat exactly, it rhymes really-really well.
The BIG problem, and the one tap-danced around by everyone in the chattering class is DEBT. This problem has NOT been 'solved' and at this stage I do not think it CAN be solved. Consumers, corrupticrats, and bureaurats ALL confuse access to 'credit' as being access to wealth. It is not. Credit=Debt, and access to credit is only access to debt.
So, what's this all mean? Let's step back from the modern art masterpiece we have had our noses pressed against and look at the big picture. This is what I see: a set-up or re-run if you will of the 1970's. A bad one, for most of us. More precisely, Gold & Silver are setting up to not exactly repeat, but rhyme with the 1970's. Here are three reasons I think so:
- The '70's: Gold rose 2300% in the nine years from 1971 to 1980. Sure it is "up" 500% since 2000, but as the song lyrics go "you ain't seen nuthin' yet."
In 1972 it rose 49.7%, in 1973 +73.5%, 1974 +60.1%, and 1979 +140%.
- COT [*1]: The LARGE Commercial "shorts" are violently cutting their positions, absolutely slashing them in Gold & Silver. The 'futures market' data is reading it's most bullish since 2003. (Eight years ago Silver was $4.40/oz., it's over $30 at present). The big boys see what's ahead and are trying to shake the leaves from the tree (flush the weak hands and the retail investors) so they can scoop up more Gold & Silver while covering their 'shorts' at a lower cost.
- PHYSICAL: If you want to get 'physical' precious metals instead of 'paper' you'll have to pay a premium. The paper ETF's GLD and SLV hold no physical, and their trading at 'discounts' should be a clue to investors that they don't have much or any physical to back the paper they have sold. In contrast, Eric Sprott's ETV's (Silver) PSLV and (Gold) PHYS trade for premiums of 20.81% to NAV [*2] for Silver PSLV, and 3.15% to NAV for PHYS (close 19 Oct 11) because they are fully backed by physical inventory. If you can find some physical to hold yourself the premiums get even higher, but it might be a good time to think of yourself as your own Central Bank while the Bureaurats in Europe and at the FED talk themselvs to death while doing nothing tangible to solve the problem.
*1 - Commitment of Traders [COT]
*2 - Net Asset Value [NAV]
Song: Long Until Gone (Acoustic) (Live)
This incredible acoustic version of Long Until Gone has been released before the launch of Anthony Tedesco's album and the studio single.
Proceeds of the album, called Exordium, will go to a charity which helps veterans and current troops in their difficult situation.
News..........
My Advice? Slow Down
Cap-and-trade emissions scheme expected to be approved by California
Obama’s raised more money for Democrats from Wall Street donors than all Republican candidates combined
Occupy Baltimore to sex assault victims: We support you in reporting the abuse, but we don’t encourage the involvement of police in our community
Tea Party ally: Flat tax could be good for Rick Perry
Car Company Gets U.S. Loan, Builds Cars In Finland
In Greece, 'corruption pervades every corner of life'
Thomas Sowell: Herman Cain More Black Than Barack Obama
Herman Cain clarifies abortion stance
Biden Evokes Sexual, Violent Imagery Again in Push for $447B Jobs Bill
US teenager charged in 'Jihad Jane' terror plot
21st Century Contract With America
Romney is winning electability argument
Obama arrival Monday will be at rush hour
Locals raise funds to return vets to Pearl Harbor
Indian Muslims Increasing Resistance to Wahhabi Incursion
Obama: The Affirmative Action President
US, Canadian broadband capacity to be doubled by satellite
QR codes are social
Col Gaddafi killed: tribal and religious differences darken Libya’s new dawn
With Gaddafi gone, who will run the new Libya?
ETA announces 'definitive cease' to armed struggle
Gaddafi deserved his death in a Libyan sewer – he had all the morality of a sewer rat
Helicopters take center stage: Whiting Field hosts Fleet Fly-in
Investigation: FAA romance led to $970 million contract award, 3,300-percent increase in air traffic control errors
Every day, in every way................from Rico
Every day, in every way, things just get worse and then worser.
And it's not that the Gov't doesn't know, it just does not care...well not about you, happy wage-slave, it only cares about itself.
- Now quit lolly-gagging around, and put your backs into it!
Meanwhile, our friends in Government have concluded that the year-on-year 'drop' in income is the worst in 20 years. Somehow I rather doubt you'll be told this by the Ministry of Truth [the MSM] or their senior 'domestic partner' the Government over the people (no longer 'of' the people).
- Of course, since 'all the decisions we made were right' as Soetoro-Obama has just said, this is all YOUR fault and none of his.
Now, eat your peas...and then "go get your shinebox!" [h/t Mrtin Scorseses "GoodFellas" the movie]
Thursday, 20 October 2011
Late News................
Global Warming Hoax Weekly Round-Up, Oct. 20th
U.S. army training mission in Iraq OK after ‘full withdrawal:’ Sadr
BLACKFIVE: Makeup sales plummet in Libya
Michael Totten » Gaddafi Goes Out Mussolini Style
As US withdraws, Baghdad eyes checkpoints
U.K. Navy Seizes Pirate 'Mothership'
Tennessee Reps Prepare Bill to Protect Guitar Owners After Gibson Raid
Stocks drop on concern over weekend euro summit
Some states adding assets to food stamp qualification
When did potatoes become unpopular?
Airlines hike fares in time for holiday travel, so book now
Protesters have a money problem: Too much of it
Indians oppose 'recycled' sewage for Arizona skiing
Republican rivals' stabs at 'Romneycare' gaining traction
BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit
Stuxnet Clone 'Duqu': The Hydrogen Bomb of Cyberwarfare?
Websites 'should carry libel risk for anonymous posts'
Is the US Declaration of Independence illegal?
Squatting on Wall Street
SCRATCH ONE EVILDOER ! ! !
For all you Bleeding Heart Liberals out there who deplore violence and can't deal with seeing a ruthless murderer with a bullet in his brain: STORMBRINGER does the analysis.
The Chicago way continues...............from Rico
The criminal enterprise known as CME Group [COMEX] is a "paper" fraud.
In the last two months [read: 2 months] 30 tons of Gold ostensibly was 'delivered' yet NO Gold enetered COMEX or left Dealers.
- Huh? Bueller, Bueller, market manipulation? Anybody?
WHY?
- To 'skeer' the Dumb money (Retail Investors) so the physical can be bought by the manipulators (the Smart Money).
The ETF's [GLD] and [SLV] do NOT have beneficial Gold or Silver to 'cover' the fractional paper they have 'sold' to their investors.
- The Class Action lawsuits attempting to recover "lost" investments will be countless, historis, and in the end...unrecoverable.
Once again Chicago defines FRAUD for us all (and the so-called Regulators don't see nuttin.').
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