THE COMING MARKET CRASH / CORRECTION S&P Issues a Warning on

Japan’s Credit Rating At Davos, Experts See Dip Ahead...

JANUARY 27, 2010 Experts See Another Global Dip Ahead Davos
Attendees Pin Hopes on Emerging Economies, Saying Debt and
Deficits Will Trouble U.S.; Sparring Over Bank Rules

THE TWILIGHT OF BEN BERNANKE'S FED Daryl Montgomery “In truth,

Bernanke is one of the most incompetent leaders the Fed has ever
had. He failed to see the Credit Crisis coming, he failed to react
quickly when it did, and when he did he took questionable actions that
benefited Wall Street at the expense of Main Street” as did Bernanke's
associates, Tim Geithner and Henry Paulson, the current and former
Treasury Secretaries, among and with the help of others. Housing
Still a Drag on Economic Recovery Bernanke Confirmed By Fed,
Troubles Far From Over Fed chief Bernanke wins 2nd term in
closest vote (AP) Despite Role in AIG Bailout, Senate Votes to
Reappoint Bernanke Kurt Nimmo | The Senate will reappoint Bernanke
and send a message to Wall Street and the houses of international
finance — Ben’s OK with us and the greatest heist in history can
continue with the support of the Senate. Videos: Geithner Grilled
Infowars.com | Bankster and Federal Reserve operative little Timmy
Geithner gets roasted for his criminal activities.

In the final analysis, it’s the bubble market over-valuation that sunk stocks;
the fraudulent bubble that the wall street frauds commission and sell
into:
Yahoo [Briefing.com]: …The latest dose of economic data proved
disappointing. Durable goods orders for December increased 0.3%, which
was far softer than the 2.0% increase that had been widely expected...Initial
jobless claims for the week ended Jan. 23 were down 8,000 week-over-
week to 470,000, but that still exceeded the consensus call for 450,000
claims. Continuing claims totaled 4.60 million, which is slightly above the
4.59 million continuing claims that had been expected, but down from the
4.66 million continuing claims total from the previous week…

THE COMING MARKET CRASH / CORRECTION Simon Maierhofer , On

Thursday January 28, 2010…the Dow Jones (DJI: ^DJI), S&P 500 (SNP:
^GSPC) and Nasdaq (Nasdaq: ^IXIC) have rallied beyond 70% from their March
2009 lows. Just at the beginning of January, bullish sentiment measured by
various indicators had reached its most elevated levels in years, even decades…
Looking at the facts, the January 15th, 2010 issue of the ETF Profit Strategy
Newsletter released the following warning: …Bullish sentiment has reached a
level where it is suffocating nearly all bearish currents and undertones. The
natural reaction would be, and has been by most, to conform to the trend, join the
crowded trade and turn bullish. Historically, such extreme optimism leads to
market declines. Even though the up-trend has lasted longer than expected, we
believe that every day that brings higher prices presents a better opportunity for
the bears. In the following pages we will explain why stocks are at the cusp of a
decline…Insider trading…Released this morning, was the most recent data on
insider selling (released by Investors Intelligence). Corporate CEO's are not
viewing dropping prices as an opportunity to pick up their shares; they are using
them as an opportunity to sell. The most recent data shows that insiders are
selling about 3 times as fast as they are buying…Buying Climaxes The past
weeks have also seen elevated levels of buying climaxes…Lack of economic
activity The trend has changed. However, being long the market is not prudent
anymore, it's actually become treacherous…As of recent, the Standard & Poor's
published P/E ratio (based on all actually 3rd quarter reported results) was 84.30.
Historically, this is more than 10x the number you'd like to see around a market
bottom or fair value prices…Dividend yields, in particular for the Dow Jones
(NYSEArca: DIA - News), have dropped close to their all-time 1999 levels
painting a similar picture. Market bottoms of historic proportions are
accompanied by sky-high dividend yields; not yields around 2 - 5%, if that...

(1-28-10) Dow 10,120 -116 Nasdaq 2179 -42 S&P 500 1,085 -13 [CLOSE-
OIL $73.65 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$2.76 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26 MID-
GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,085 [video] Gold Surges
Stocks/Gold Comparison (+24% for year 2009) / SILVER $16.23 (+47% for
year 2008) PLATINUM $1,509 (+56% for year 2009) / DOLLAR= .69 EURO, 90
YEN, .61 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR
NOTE YIELD 3.65% …..… AP Business Highlights … ...Yahoo
Market Update... ] T. Rowe Price Weekly Recap – Stocks / Bonds /
Currencies - Domestic / International 01-13-10 Forecast for 2010 from
Seeking Alpha Contributor THE COMING MARKET CRASH /
CORRECTION 1-28-10 Maierhofer (01-15-10) 11 Clear Signs Economy
Sinking Economic Black Hole 1-22-10: 20 Reasons Why The U.S.
Economy Is Dying And Is Simply Not Going To Recover Current
Economic / Fiscal Charts Trendsresearch.com forecast for 2009 1-7-
10 Crash is coming! ‘WORST ECONOMIC COLLAPSE EVER’ Must
Read Economic / Financial Data This Depression is just
beginning The coming depression… thecomingdepression.net MUST
READ: JEREMY GRANTHAM’S QUARTERLY UPDATE 25 January 2010 (850
on the S&P) by TPC The Next Wave of Collapse is Coming Sooner than
you think Sliding Back Into the Great Recession ABSOLUTELY,
ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE
MUCH, MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For
The Hyperinflationary Great Depression Roubini: 'The worst is yet to
come'... Top Eurobank prepares for 'global economic collapse'...
CHINA: ‘The world does not have Money to buy more US Treasuries’ We
Have Reached the Top of the Stock Market (Charts/Analysis/Article 1-19-10)
Marketwatch: U.S. stocks held their gains following the release of the home
builders' sentiment index, which declined in January as industry leaders
remained concerned about the poor job market and the continuation of
home foreclosures. Read more about the sentiment survey. It’s Time
to Sell the Market…(1-19-10 Why wait till too late?) … This means closing
out some longs for a profit, or at least taking some money off the table.
This also means considering what one would do if stocks were to stage a
significant reversal. The fact that corporate insiders are selling their stakes
in record numbers and that fewer and fewer investors are participating in
this rally makes a massive reversal probable rather than possible this
year!... THE NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN
EXPECTED'... rallies stocks anyway (they probably just didn’t bother
resetting the computerized churn-and-earn trade programs) / the new
carry-trade borrow low then buy bubble trade deficit up / US Will Hit 94%
Debt to GDP Ratio Next Year, Surpassing the Level Where Debt Starts
Reducing Economic Growth Shrinking US Labor Force Keeps
Unemployment Rate From Rising … Negative data spurs market rally …
riiiiight! New jobless claims rise 'more than expected'... Retail sales drop
in December; Sales for all of '09 plunge by record amount... Record year
for foreclosures... Worthless Weimar dollar, inflation, unsustainable debt,
higher interest rates, and fake numbers rally stocks Food Stamps Go to a
Record 37.2 Million, USDA Says Bloomberg …S&P sells on a price-to-
earnings multiple of 88 after the recent financial results. That is a
horrendous overvaluation. A reasonable p/e would be around 18-25…’
Economist Wachtel says practices that caused crisis in play, toxic assets
still there, and economically sound lending not viable …El-Erian who
oversees nearly $1 trillion in assets, more than the gross domestic product
of most countries, says stocks will drop 10 percent in the space of three or
four weeks, bringing the Standard & Poor's 500 index below 1,000 soon…
Breaking Point 2010: Top Trends with Gerald Celente …DO YOU THINK IT
IS POSSIBLE IN 2010 FOR THE UNITED STATES TO END UP AS BADLY AS
ARGENTINA A DECADE AGO? “Worse! Worse than Argentina because our
debt problems are worse. This is classic empire decline. Argentina was not
even an empire. We’re fighting wars in foreign countries as we are
depleting the Treasury .…That’s why we are calling it: Breaking Point
2010!” Peter Shiff: Economic collapse in near future / 2010, coming decade
worse than past decade Last decade was the worst ever in the stock market
Jay Bookman | In nearly 200 years of recorded stock-market history, no
calendar decade has seen such a dismal performance as the 2000s.
Foreclosure / distressed sales up again and a lunatics’ santa claus rally as
in bubble-crashes past WITH NEW BUBBLE IN THIS PREPOSTEROUS AND
FRAUDULENT ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER
PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON TRADE
DEFICIT UNEXPECTEDLY UP MORE, CONSUMER CONFIDENCE
UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH WORSE THAN
EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN MORE FAKE
GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42 TRILLION, HIGHER
OIL PRICES, EVER MORE WORTHLESS DOLLAR, CRASH IN COMMERCIAL
REAL ESTATE, INCOME/CONFIDENCE DOWN, B.S. SERVICE SECTOR
MEANINGLESS REPORT, LOTS OF FORECLOSURE SALES) BASED ON
FAKE DATA [WATCH FOR CORRUPT GOV’T, IE., COMMERCE DEPT (GDP
+3.5% BEATS ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY
TIMES OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA
(JOB LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES /
MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-LIKE
CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET FEES BUT
BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING INDICATORS
WITH B.S. STOCK COMPONENT THE ULTIMATE BOOTSTRAP, MORE
WORTHLESS WEIMAR DOLLAR, ETC.), BETTER THAN EXPECTATIONS
MANTRA (Paul B. Farrell: America's soul is lost and collapse is inevitable
Recession Will Be ‘Full-Blown Depression’:(10-17-09) Strategist/Analyst
The History of the Future: Trends 2012 Autumn 2012, the “Greatest
Depression” has spread worldwide …

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm

Infowars Reality Check: Responses to President Obama’s State of the

Union Address
Devin Stone | Comments by Infowars.com readers inserted in Obama’s
State of the Union.

Game Over for the American Middle Class Cost to taxpayers for illegal
medical care is “astronomical” American people misled about
financial situation Russia Today Update: Unredacted AIG Schedule
A Released And Initial Data Spread It appears that of the roughly 38
Goldman CUSIPs which have data available, there are exactly zero
rated A or higher by Moody’s (we ignore the rating from the other
 rating agency as they apparently have long stopped rating most of
these securities). Ex-Govt Lawyers: Iraq War Was Illegal Sky
News | “I considered that the use of force against Iraq in March 2003
was contrary to international law.”

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm

WHO Scientist: Swine Flu Pandemic Was “Completely Exaggerated” Steve

Watson | International inquiry hears “evidence base is weak”, charges
of collusion with drug companies
Meteorologists Agree: Man-Made Warming Isn’t Real Authorities
Quietly Reverse Underwear Bomber Official Story Authorities have
quietly reversed the official story behind the Christmas Day
underwear bomber attack and acknowledged that an accomplice was
involved, despite weeks of denial and derision of eyewitness Kurt
Haskell’s description of a sharp-dressed man who helped Umar
Farouk Abdul Mutallab board Flight 253 in Amsterdam.

Ex-Govt Lawyers: Iraq War Was Illegal Sky News | “I considered that the
use of force against Iraq in March 2003 was contrary to international
law.”

Did Leonardo paint himself as "Mona Lisa"? (AP) Watchdog: UK

university hid climate data (AP) New T Rex Species Discovered in
NY/NJ (LiveScience.com)

Obama’s Middle East misadventure Gwynne Dyer | Arab News Barack

Obama had worse failures to address in his State of the Union
message on Wednesday, but a few days before he owned up to the
most foolish miscalculation that his administration had made in its...
Go to following pages for above links:
http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm

DRUDGEREPORT: PAPER: Obama gets an 'F' for world leadership...

At Davos, Experts See Dip Ahead...
Senate permits gov't to borrow an additional $1.9 Trillion!
HILLARY DECIDES: SKIP STATE OF UNION
South Korea returns fire from North...
TO THE RESCUE: NEW AND IMPROVED OBAMA…riiiiight!…(displays
picture of wobama in mighty mouse costume)! Yes, when there is wrong to
the money right, mighty mouse wobama will join the fight with might, on
the sea and on the land, he keeps the teleprompters well in hand !!!
THEY OWE: $12,245,872,000,000
'Populist' Obama stands firm on Bernanke...
Sees Geithner staying on...
Uses Teleprompters During Speech at Elementary School...
Would 'Rather Be Really Good One-Term President'…riiiiight!…sounds like
a plan...
December home sales down nearly 17%; Largest monthly drop in more
than 40 years...
Poverty rate hits 17.5% in Nashville...
Obama May Seek 'Discretionary-Spending Freeze'...
Reconstituting Team From 2008 for Races in Fall...
PAPER: President's fortunes set to deteriorate further...
Bernanke under pressure; Faltering support for Fed chief...
Banks shut in FL, MO, NM, OR, WA...
Dow Suffers Worst Week Since Last March...
RASMUSSEN:
Obama Approval Index: -18
Strongly Approve 25%
Strongly Disapprove 43%
Total Approval: 45%
NOONAN: Voters went for Mr. Obama thinking he was not a Nut...
Buchanan asks: Has Obama lost white America?
The Incredible Deflation of Barack Obama...
Movie made by chimpanzees to be broadcast on TV...
Britain's terror threat level raised to 'severe'...

'AVATAR' replaces 'TITANIC' in record books...

Go to following pages for above links:
http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm

Partisan? I am compelled to place partisan alito comment here so a record

obtains in ‘my page’ but wobama dysfunction and jive-talk appear in a
separate comment:

alito is more than just a lightweight, hack, liar, fraud etc., as set forth in the
comments. alito is a criminal who should have served / should be serving
time in prison for obstruction of justice, bribery, among other RICO
violations. To alito, drug money is as green as corporate money and worth
his vote as well. In addition to being an inept [I looked in on the one mob
case he had brought, bungled, lost (accidently on purpose?) since I was
suing some mob-connected under RICO and the court (I had
known/previously met outside of court the judge Ackerman through a
client) was absolute bedlam since incompetent corrupt alito brought in all
20 mob defendants (rather prosecute one or a few to flip them first) who
feigning illness had beds/cots in the courtroom and the jury in stitches with
their moans during testimony)] and corrupt (see below and particularly the
summary provided to the FBI under penalty of perjury
[http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenalty
ofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ] ) u.s.
attorney.

You’re naïve to think that the so-called supreme court is any different from
the rest of the meaningfully lawless and pervasively corrupt american
‘system’. I knew well an accomplished trial lawyer, fellow american college
of trial lawyers / and a bar examiner, who pondered from time to time
becoming a judge “so he’d never have to work again” – his words.

Some comments…all appropriate:

Even the supreme court knows he lies.

Posted by: Ombudsman1 | January 28, 2010 4:33 AM |

Probably the worst appointment in one hundred years.

Posted by: mnjam
-----------------------
Really? That's a pretty sweeping statement to make about someone
who's only been on the court a short few years.
And I thought that liberals were in universal agreement that Clarence
Thomas was the worst appointment in all of history?
Posted by: blert | January 28, 2010 2:11 AM | Report abuse
----------------------------
Yes. Really. Alito is a total lightweight and hack. He makes Thomas
look like John Marshall or Oliver Wendell Holmes. I KNOW ALITO.
Posted by: mnjam | January 28, 2010 2:24 AM |

the loser here is alito.lost his composure not good for a judge
especially afederal or supreme justice .loser big time this will live with
guy for a very time.roberts and the other justices will have a talk with
him that is a given.this relly larger than o one day news cycle.
Posted by: donaldtucker | January 28, 2010 1:12 AM |

Should Alito resign or be impeached?

Posted by: jdmca | January 28, 2010 1:05 AM |

Manchurian Candidates: Supreme Court allows China and others unlimited

spending in US elections Greg Palast | Our future elections may come
down to a three-way battle between China, Saudi Arabia and Goldman
Sachs. Call For Immediate Arrest of 5 Supreme Court Justices for
Treason Gordon Duff | The bloated corpse we are creating in
Washington is emitting a stench we can no longer abide. The
aforesaid would be shocking to anyone without a modicum of
knowledge of the reality of pervasive corruption within the u.s. courts
themselves and america generally, including all tree branches of the
u.s. government.

NSA beats warrantless wiretap rap A Federal judge has dismissed a

complaint against the National Security Agency’s (NSA) Bush-
era warrantless wiretapping programme, prompting suggestions
the US government is now able to mount mass surveillance
operations unhindered by the courts or constitution.

Corrupt u.s. courts / judges: Their lifetime plush appointments should be

abolished, which corrupt entities are unheard of in productive
 societies as China, Japan, etc.. Time to abolish these drags on society
and eliminate their lifetime stipends and corrupt costly bureaucracies.

Ron Paul: After ‘CIA coup,’ agency ‘runs military’ US House Rep. Ron Paul
says the CIA has has in effect carried out a “coup” against the US
government, and the intelligence agency needs to be “taken out.” I
also personally believe there has been a defacto coup d’etat which
has manifested in various substantial, blatant, brazened frauds, ie.,
wall street, missing 360 tons of $100 bills in Iraq, war profiteering, etc.,
without any fear of prosecution, and of course concomitant decline for
u.s. as the treasury is looted. But I also believe its scope is beyond
just the CIA with many complicit within the corrupted 3 branches of
u.s. government (fed judges, us attorneys, illegal system, etc.) plus
the military and private big money, ie., Goldman Sachs / wall street
men, etc., among other organized crime. america is defacto bankrupt
in every way!

Rendition: Where the War on Terror Meets the War on Drugs Patrick
Henningsen | It’s time to ditch the policies we have come to tolerate
for decades before they consume what is left of our moral core. I’ve
experienced the corrupt inter-relationship of the government (all 3
corrupt branches) and the illegal drug trade / obstruction of justice /
bribery first hand, particularly the courts / u.s. attorneys offices (ie.,
alito – now u.s. supreme court justice – quid pro quo for his
complicity / cover-up), feds; see immediately after article excerpt for
links / summary.
…“Evidence points to aircraft – familiarly known as “torture taxis” –
used by the CIA to move captives seized in its kidnapping or
“extraordinary rendition” operations through Gatwick and other
airports in the EU being simultaneously used for drug distribution in
the Western hemisphere. A Gulfstream II jet aircraft N9875A
identified by the British Government and the European Parliament as
being involved in this traffic crashed in Mexico…” In 2004, another
torture taxi crashed in a field in Nicaragua with a ton of cocaine
aboard… Mexican soldiers found ..132 bags containing 3.3 metric
tons of cocaine. The origination of the Gulfstream’s flight is
 unknown but it was destined for Cancun when it crash landed.
Again, here is the important point: that same Gulf Stream II was one
of the very same planes chartered to the CIA for the rendition of
suspected terrorists prisoners. Gulf Stream II crashed in Mexico with
3 tons of cocaine on board ..it should not be surprising that this
illegal practice of rendition has in some part, been used as a well-run
smokescreen for another borderless illegal operation- an extremely
lucrative international transfer and delivery of cash and
narcotics.,,These flights are not subject to regular customs checks,
inspections or normal regulations as they move seamlessly between
destinations in the US, Britain, Europe, Middle East, Central Asia,
Cuba and possibly through US bases in Turkey, Greece and
Morocco…

Corrupt u.s. courts / judges: Their lifetime plush appointments should be

abolished, which corrupt entities are unheard of in productive
societies as China, Japan, etc.. Time to abolish these drags on society
and eliminate their lifetime stipends and costly bureaucracies. Rules
of law mean nothing to these typically corrupt americans. Most,
including sam alito of the u.s. supreme court, concerning drug money
laundering and obstruction of justice in the 3rd circuit should have
gone to or belong in jail. Contrary to popular belief, they do it for the
money, personal money, big, cash, untraceable money. The fog of war
is great for such things (360 tons $100 bills flown into Iraq and
missing, etc.).
[http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenalt
yofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm ]
. america’s just a fraudulent and failed defacto bankrupt nation.

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm