Headliners
-Bundesbank knocks Frances Expanding Deficit and failures
-USA Weekly Jobless falls
-EU hits Communist China with massive Tariffs on Solar Cells
-Chinese inflation rises on bird flu
-TSLA reports first profit
-BOK unexpectedly cut rates 25 bps to 2.5 %
-Sony has first full year profit in five years
Market Commentary
-Tomorrow will be a day off more or less for the ZGR. No sooner than I had finished my summary the Gold cartel came in and smashed gold in the electronic after hours market. FED Head Evans a dove was speaking and perhaps he gave some Rhetoric for the smash, I have not had time to run down what he said. Goldman is demanding you sell gold and buy USA equities.
4:44 p.m. EDT 05/09/13Major Stock Indexes
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4:43 p.m. EDT 05/09/13Treasurys
4:34 p.m. EDT 05/09/13Futures
4:44 p.m. EDT 05/09/13Currencies
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-USA Summary
First the USA weekly report. We had a much needed drop in the weekly unemployment and I checked the BLS, no states did not report, that is not to say in an election year with this many special elections for congress they won’t cheat and revise later. We should all be cheering the good news that fewer people are filing for unemployment and the headline number is consistent with economic lift- off and self sustaining recovery, something Lew the Jew was promoting ahead of the report.
However as the ZGR reported in the last monthly report, the labor pool was stagnant and hours worked declined last month. If you do some simple arithmetic that comes to 750k jobs or so were lost last month. Typically before hiring starts hrs worked per week increase. With Obama care the one of ’other’ really big impediment to jobs growth means more employers are reducing the ww from 40 hrs to 30 to 31 hrs to avoid the Obama-care taxes. The weekly jobs number was offset by a build up in inventory and a decline in wholesale sales, which you never get with an accelerating economy.
The USA markets took a breather from the rally despite GS coming out to do another pump and dump the USA stock markets and usa equity markets are merely treading water today.
We have a govt in the USA spending $1 tln a year it does not have, and the FED printing up $1 tln a year for the banksters, and if they don’t get a lift-off or one they can fake it is a $ crash. The GS/Hedge fund crowd pounded gold on the jobless number as expected down to 1440 but its largely recovered everything but five dollars.
If we had real jobs the BLS would not need to have thrown in nearly 200k birth-death jobs, that is jobs they cant find and count but they ‘assume’ were created last month. The USA economy simply has too many impediments for jobs , these free trade agreements with the Asians now debasing their currency to hang onto American jobs, obama care, and the USA debt and the FEDs money flow into the banks, who short commodities and go long bonds and equity. Hats off to the Europeans for slamming the Communist Chinese with solar dumping charges, although the German and European solar thrust is built on American designed technology. The Europeans are nearly as big of technology thieves as the Asians whom are remarkable rip off artists as Diamler Benz and FIAT are showing us by gutting Chrysler of its hugh IP base. Chrysler is after all FIATs answer to luxury brands of Audi, etc.
We have three major investment conferences going on, the London conference with Schauble and others in attendance largely promoting London as the insider trading capital of the world, the Ira Sohn hedge fund conference in NY and the very important SALT conference in Las Vegas. The SALT conference in Jewish owned vegas has all the really big Jews and Jewish politicians and their Asian puppets at it as well as many whores including the Hollywood whores.
http://www.saltconference.com/
Jim Chanos the greek jew made his case at the Ira Sohn conference , stupidly again the HDD industry was DOA and all the HDD drive guys where whacked for about 4 pc. I bought the sell ofF as a trade. I used to work in design in the HDD, so I have a particular outlook that the semi/nand flash guys have been chasing them for decades and the HDD always stay far ahead in the cost per bit . A new semi fab is 5 billion dollars. A new HDD fab is around 1 billion. Paulson was out defending his gold position to his fellow Jews at Salt.
AMZN reported they are working on a webphone with 3 d screens, which certainly should be very achievable by 2016. 3d graphics is the next big revolution along with 3 d printing. Personally I have a lot of intellectual and design interest in 3d graphic engines so maybe tomorrow I will just discuss 3d graphic engine and HDD design and flash memory design. Markets are so, so dull compared to math and science and the people who gravitate towards markets are often just greedy and stupid and not people you would really want to have dinner with largely as they would both bore you and stick you with the check. I have had dinner with major investment banksters and there is no one better at dodging a check than the greasy slobs at Goldman Sachs. At least the WASPs of WS were still picking up the bill last I dealt with them.
Shares of Barnes & Noble are up 16% but well off its best levels following reports that Microsoft could offer the firm up to $1B for the digital assets of its Nook unit. Microsoft bought a 17% stake in the unit a year ago. Other sources have poured cold water on these reports, so I shorted BN on that. I maintained my DAX, DIA, SPY shorts.
TSLA and GRPN did a fantastic job on their quarters last night, although TSLA is one good battery away from having a world class project. Electric cars won’t go anywhere until Lithium ion technology evolves more. Boeing is doing that and others. UC Davis as we highlighted has a commercially viable 100c low cost fuel cell. Clearly detroit and the USA /London withhold massive amounts of technology in the area of advanced computing and energy from the Masses to protect the elites investment in the extended Royal family. An Arab American invented the 100c low cost fuel cell which would really get the electric car movement into full speed. Lots of people betting against Elon Musk, and that is a very stupid bet, he was right there to help Boeing fix the Japanese design problem or rather make it sabotage proof and nailed the slimy BBC trying to damage his firms car review. There is no end to the slime of the English.
Switching back to Europe a bit. European markets (Stoxx, DAX) rallied a fractional amount into the close, despite China pouring cold water on any rate cuts this half of 2013 last night and early this morning. If you follow the economic data like the ZGR does you cant help but notice, Paris, Berlin, Italy, Holland, Belgium, and London all have massive housing bubbles in addition to the one in Canada, and Australia and Hong Kong and along the seacoast of China. While the evil English, and their economy is recovering on the weak pound and QE designed to keep their 20 year housing bubble aloft, the housing bubble in Holland has definitely been popped and the Dutch banks are in big, big trouble, despite the latest reports. Englands goal has always been designed to pop the Euro as a hard currency so money would flow to London and gilts, and a lesser extent the USA. There are a lot of traders in London picking up CDS on dutch debt on the sly. The problem in Holland is they now have as much personal (housing debt and household debt) as the English now and no money left to spend as their housing bubble is deflating fast as the Germans try and hold the ECB balance sheet at $ 3 tln and rely on the FED to pump the global economy up and the Chinese to spend their savings wad to keep the Germans afloat.
I don’t believe a thing the Spanish or Greeks or Italians say about their banks or the French for that matter with naked gold short Socgen but could be that Hollande..er Holland and not France or Spain forces the ECB into a massive QE, which England desperately needs. Italy sort of has their act together for now with Jew boy Letta holding the German hard money line at least verbally. England is still the most total indebted nation in the world on a per capita basis. Something they are constantly able to dissimulate about and something that never ceases to amaze me, along with the deafening silence of the so called indy financial commentors.
Max Keiser dines with the Rothschilds and while he may say he is London to watch the Pound crash likely he is really speculating in CDS on France and Hollande..er Holland. One thing we do have in Europe is even less transparency in their CB, and in London, and in their bank and govt finances than in China and the USA. There was a German professor who said the German govt was at least EU 7 trillion in debt a couple of years ago before the German press silenced him. He made a very powerful case for it. All of Europe is just one big socialist welfare state that puts the USA to shame as socialist/welfare state and Americans are paying their debt off not running it up like the Dutch and English and French. The Germans are spending freely on hard assets, like Italian villas afraid to death that the Euro will be repeat of the Wiemar Republic and buying homes in Germany something few Germans do actually as their govt manages rent appreciation well.
Let me point out no city not even Washington DC and NYC have benefited like London has from this global QE and London’s entire economy is govt, housing and finance and based on insider trading and market fraud, from fixing the Brent price to fixing the gold price to fixing libor, to fixing IRS price to laundering drug money. Since we know the drug trade has not stopped we know the drug laundries likely just moved to offshore unit of the major English money center banks. We also know Hollande has not reformed labor at all in France and is madly spending thanks to Weidmann blowing the the whistle on him today ‘officially’. He cant last long, I expect the German Zionist will bring Sarkozy back as Hollandes sexual life is perverse and he is easy to bring down.
Sadly the Europeans are enormous drain on every ones time and money with their united states of rothschild and highly flawed EMU and political structure and with the ever present extraordinary evil of London. The Asians have the right model, save and invest and don’t run up govt debt and steal jobs and technology from the USA, much like Israel and the Jews do globally. The USA of course is totally broken and as the Politco article I posted illustrated, WS is hiring Washington DC, and we literally have Prince Charles, the hate filled anti-American drug runners own personal servant in the White House working to destroy the economy. I will bet Prince Harry is here to cut ribbons and boink Anglosaxon skanks. Obama was in Austin today lying that he gave a damn about the middle class. The evil Jew Disraeli, advised Queen Victoria, a Rothschilds bastard literally, that the middle class should always be oppressed, immigrants from the colonies be brought in to replace English labor , manufacturing outsourced to the colonies, and a welfare state lower class should be developed to send middle class tax money down to, that the aristocracy should have no competitors challenge them from the middle class. He was sort of a more sophisticated version of the Italian Jew Machiavelli. The Anglo-Jewish elites have modeled the USA upon England in every aspect except we don’t officially have to bow to Prince Charles and his sad sacks of progency. It’s sad really. Even in England they laugh that highly class- centric England now has more upward mobility than the USA.
Kerry apparently told Putin no more cruise missiles for Syria and got the heave ho from Putin even as the English and Israeli stole 100 million more USA tax dollars to give to the Royal confederate of Prince Charles in London in Jordan to foment the war in Syria. Assad said if the Jews attack again, hes going to let them have it. The USA really has no advanced weapon system capable of stopping hyper-sonic cruise missiles of Russia, nor does Israel. You would think among Americans there would be more outrage against the English and Jewish govt of England and Israel but few will Challenge England and its corruption much less the supine Alex Jones and Jeff Rense or squire Matt Drudge. Hopefully Putin is taking a hard, hard line with the Anglo-Zionist west and was not paid off to deliver Syria and its immense offshore oil fields to the Jews and English. Kerry is of course a Jew whose family name is Kohn and who flew to London to get his orders ahead of the meeting with Putin and who is Prince Charles cousin.
The Media is covering up for Hillary and Obama in the Benghazi escapade which looked like a deliberate political assassination of a Sr State Department WASP who was not cooperating with the Israeli and English agenda in Syria. Lets not forget BP made big investments there and in Egypt ahead of the regime changes of London.
I cant recall any POTUS in history not even Woodrow Wilson or FDR who took his orders so directly from London and its jewish agents as Obama. Alex Jones of course hides what is really going on with this British-Israel cult and that Prince Charles does run the globe on a daily basis and runs NATO as high level military officer, indeed the real commander in chief of the English military. Even an obscure blog like the ZGR is not missed by 2000 of his spies. I suppose if you studied the ‘great satan’, Edward the 7th and Henry Tudor and all the crowns since Henry Tudor you would know the English crown is bent on total global domination and rule, which is why some English ambassador was demanding the Jews and Palestians both speak English. The English and the Jews are a duality. The same coins but slightly different visages on each side. Many, many Americans are part of this British-Israel cult although the vast majority are Anglosaxon Americans who are a tiny minority of the American people. The truth is like the Tsunami if you get it out there, even to small audience it eventually causes big, big changes.
I have to hand it to the Asians and the Latins as being far smarter than Western Europeans and not letting the NWO destroy the man- lead family and hats off to the Arabs as well. When Christianity stopped preaching what the bible teaches about women and their place in the home and not work place, well that was sort of the beginning of the end of American morality and culture.
Economic Releases , NAM/SAM
(US) Initial Jobless Claims: 323K v 335Ke; Continuing Claims: 3.005M v 3.018Me
(US) Mar Wholesale Inventories M/M: 0.4% v 0.3%e; Wholesale Sales M/M: -1.6% v +0.1%e
(US) Q1 MBA Mortgage Delinquencies: 7.25% v 7.09% prior; Mortgage Foreclosures: 3.55% v 3.74% prior
(US) Weekly EIA Natural Gas Inventories: +88 bcf vs. +85 to +90 bcf expected range
(CA) Canada Mar New Housing Price Index M/M: % v 0.1%e; Y/Y: % v 2.1%e
(MX) Mexico Apr Consumer Prices M/M: 0.1% v 0.1%e; Y/Y: 4.7% v 4.7%e; CPI Core M/M: 0.1% v 0.1%e
(MX) Mexico Mar Final Trade Balance: $1.7B v $1.7B prelimary
(BR) Brazil Mar CNI Capacity Utilization: 82.2% v 82.6%e
Late European Release
(IE) Ireland Apr CPI M/M: 0.0% v 0.4% prior; Y/Y: 0.5 v 0.8%e
(IE) Ireland Apr CPI EU Harmonized M/M: -0.1% v +0.3%e; 0.5% v 0.8%e
(PT) Portugal Q1 Unemployment Rate: 17.7% v 16.9% prior
(UK) Apr NIESR GDP Estimate: 0.8% v 0.3% prior
(UK) Bank of England (BOE) left both Interest Rates and Asset Purchase Target unchanged at 0.50% and £375B respectively; as expected
(ZA) South Africa Mar Manufacturing Production M/M: -2.5% v 0.0%e; Y/Y: -2.2% v +1.8%
Late Asia
(MA) Malaysian Central bank left rates unchanged at 3 % (oil and ag based economy)
2:32 p.m. EDT 05/09/13Major Stock Indexes
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2:31 p.m. EDT 05/09/13Treasurys
2:22 p.m. EDT 05/09/13Futures
2:32 p.m. EDT 05/09/13Currencies
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-Are we witnessing the death throes of the paper gold scam
Commentators refuse to ponder if the GLD draw down is deliveries being made on demand. Thanks to the reader who emailed me this, this morning. I don’t have time to read blogs in general as it is so much work to follow the establishment crooks and the economic data. Well written, although I apologize for the glaring add, but at least he is not a greasy Jew, actually five greasy Jews like the guys who write for JPM at Zero Hedge who are closely tied to the very evil Financial Times of England, Baron Rothschilds rag. Great Cartoon Axel Merk dug up on the Chinese and Anglo gold food fight yesterday. And it is not merely a paper gold scam on the CME but in reality the worlds largest gold market is London and London runs a fractional reserve gold system that all of Europe has brought into, ex Russia, and that system has pilfered not only all the Europeans gold for the most part, but most of the USA gold as the Anglosaxon-Jew LBJ sent much of the USA gold back to England for the ‘London gold pool’ where the ‘fix’ as they call it in gold was much more transparent back then. The English and their serfs in France keep starting wars to grab small amounts of gold, so it is getting harder to feed the beast of London. The CME has a lot of transparency compared to the shadowy LBMA and London ‘gold fix’ lead by the likes of HSBC/Barlcays and the British banksters association. It is regrettable the BOJ has been such a water carrier for the FED. People in the know in Japan tell me Nixon pledged USA hard assets, including gold to the Japanese for UST support. I sort of doubt the USA will ever honor those pledges. We will know the real top is in, in gold as the BOJ will buy it.
http://theeconomiccollapseblog.com/archives/are-we-on-the-verge-of-witnessing-the-death-of-the-paper-gold-scam
-Too funny for the ‘real’ hipsters who read this blog
After a successful stint in rehab, Green Day frontman Billie Joe Armstrong has triumphantly returned to the stage in March and reconnecting with fans on the road without incident – until now.Taking to his Instagram account, Armstrong posted a picture of K-pop star Psy, and what he had to say about the “Gangnam Style” hit-maker was far from congratulatory.“This dude is the herpes of music,” Armstong wrote. “Once you think it’s gone, it comes back.” The Green Day singer also added a series of hashtags: #herpes, #flarup and #pleasegoaway
————
Looks like he’s switched to prescription pharma and got off the booze and coke. Talk about the pot calling the kettle black! The Armstrongs are a notorious Anglomasonic, family in the USA, which is not to say all Armstrongs are British-Israelites and bad, but most are from my observation of them. Herbert Armstrong of the Zionist World Wide Church of god, Lance Amstrong, Billy Joe Armstrong, Neil Armstrong who faked the moon walk, General George Armstrong Custer, the Rothschilds Anglomasonic blade. This guys is famous for his effeminate, antigod, Al Gore loving ways. Out of all proportion to their numbers in the USA population, ‘rock and roll’ has been dominated by Jews and Anglosaxons, like Hollywood and the MSM, even the so called Indy media. Crown loyalists.
-Germans Splurge on Italian Villas
Work 2 more months a year like the Germans do and you Italians can probably afford more home, and get rid of the Jewish mafia and the corruption they bring and poverty in Italy.
http://www.bloomberg.com/news/2013-05-06/germans-splurge-on-italian-homes-locals-can-t-afford.html
-Fuji Heavy Industries Ltd. the maker of Subaru cars, has signaled it believes the U.S. economy is strong enough to merit expanding business. The Tokyo-based carmaker said yesterday it will invest $400 million to boost U.S. capacity by the end of 2016 as demand for vehicles rises, and it will hire 900 people for its plant Lafayette, Indiana.
-The House of Representatives on Thursday passed legislation that would allow the Treasury to borrow money to pay U.S. bondholders if the U.S. hits its debt ceiling. The White House has issued a veto threat against the bill, saying choosing which bills to pay if the U.S. reaches the debt limit is “default by another name.” The debt ceiling is suspended through May 18, but the Treasury is expected to use measures to keep the government operating for a few months after that date. The bill got 221 yes votes and 207 no votes in the House on Thursday. WSJ
-Anglo-Zionist clown , War criminal and financial terrorist, global drug kingpin
British Prime Minister David Cameron addressing the Global Investment Conference in London today, where he attacked “pessimists” who think the UK should quit the European Union. He attacked the EU Tobin tax, which is too high, but which must go forward including in the USA.
The Mayor of London said that he has “always been narrowly in favour” of Britain staying in the EU and “particularly of protecting British interests in the single market”, but said there was also a “real opportunity to get a better deal from Europe”.He backed David Cameron’s efforts to renegotiate Britain’s relationship with Europe.However, he added: “It follows from our desire to have a renegotiation that we must also be prepared to say, OK, fair enough, we can’t get the terms that are suitable, then we will walk away.” (DT)
Shauble is there, you can watch the Conference here.
https://www.gov.uk/government/news/global-investment-conference-2013
-1/3 of Honey Bees died last winter
Looks like Einsteins plan is moving forward. We have a large organic bee keeper nearby and he has had no problems with CCD and pollinates for free if you have year round forage. Still every American can help by raising Mason bees in their backyard and stopping chemical pesticide use, including in lawn fertilizer.
http://www.wired.com/wiredscience/2013/05/winter-honeybee-losses/
- Facebook Inc. is in advanced talks to acquire Israeli traffic and navigation mobile app Waze for $800 million to $1 billion, according to Israeli publication Calcalist on Thursday. The report said due diligence is underway, after the two companies signed a term sheet. Talks of a takeover began six months, according to the report. Representatives from Facebook and Waze weren’t immediately available to comment. MW
Anglo-Zionist world spy organization.
-ANA Holdings Inc. said Thursday that it will resume services with its Boeing 787 fleet from June 1 following the completion of battery system modifications, safety checks and test flights.The Japanese government lifted the grounding of the aircraft on April 26 following similar action by U.S. aviation authorities.All Nippon Airways Co., a unit of ANA Holdings, will fly the Dreamliner for three additional international routes, Haneda-Taipei, Narita-Beijing and Narita-Shanghai. WSJ
-More FED nonsense
In a speech to the Council on Foreign Relations in New York, Richmond Fed President Jeffrey Lacker said ending “too big to fail” perceptions will be tough but the best way is to require firms to establish “living wills” that would facilitate rapid and orderly resolution and would not expose taxpayers to extraordinary financial support. “I see no other way to achieve a situation in which policymakers consistently prefer unassisted bankruptcy to incentive-corroding intervention and investors are convinced that unassisted bankruptcy is the norm,” he said. Lacker, who made a similar speech in April, notes that a Richmond Fed study found that 57% of financial sector liabilities at the end of 2011 had explicit or implicit government guarantees. Regulators last year required the first round of submissions from the largest U.S. firms and foreign-based companies with significant U.S. assets, Lacker notes.
JPM,GS, MS , C, BAC, WF must be broken up and the entire structure of wall street changed from outlawing fraudulent insurance contracts like CDS and IRS ,and the FED itself nationalized and ‘hard money’ allowed to float next to the Federal Reserve Note and the FED banned from QE and forced onto Taylor’s rule. Most of the FED officials belong in the docket and in jail , but Skilling showed us how hard it is to convict a FED banker and keep them in jail. Why should USA taxpayers stand liable for all the mortgages Citibanks writes in India or Europe?
-Markets
10:52 a.m. EDT 05/09/13Major Stock Indexes
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10:42 a.m. EDT 05/09/13Futures
10:52 a.m. EDT 05/09/13Currencies
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-Well nothing like the lies of the English press to ruin your morning and their racial hatred of the German speaking people. But we must honestly refute the lies and the propaganda of our ‘controllers’ and ‘masters’ if we wish to be free men. I expect nothing of women as courage is not part of their DNA in general. The ZGR does not encourage female readership at all.
-Tribal Insanity as Jews cant take lies of Jewish director and seek medical help in Germany
The Germans ought to sue the Israelis and English over all the lies told about the so called Holocaust and WW2 , and this continual defamation of Germany. I hope Hitler was played by a Jew to reflect reality in the show. It shows you the deep brainwashing of the English and the Zionist Jews have on these people.It is sort of ironically funny as their tribal lies manifests itself in a certain mental sickness, which is what happens when you lie to your spirit, like there being no God and the Oxbridge crowd has always been the leader in that area in the west with their gods of Darwin, Keynes and Bertrand Russell, or the Jews in deny ng Jesus as their Messiah. That is a really big lie Jews you’re all going to face on judgement day you have told your children and people and the world.
I talked to a Jew who was at Auschwitz, he told me it was merely a work camp and he got out after the war, moved to Israel, found out what that place was all about and moved back to Poland. Sure he would do that that if all these myths the Jews tell were true about gas chambers. I visited Auschwitz right after communism fell as I was up on business not to far away, actually it was right before communism fell in Germany. My own brainwashing thanks to my hellish Anglosaxon professors, caused me to accuse the tour guide I hired of removing the gas chambers, as there were none. And the wall where the Jews claimed so many were shot contained no bullet holes, so I accused her that the polish govt had reworked the wall. That was a pretty depressing personal experience when I realized the entire Anglosaxon-Jewish political establishment of the USA was one massive fraud later that night and the holocaust tale at least as the Jews tell it did not happen, as this was long before the Jews had turned Auschwitz into a profitable tourist and extortion industry that it is now.
Makes me wonder what my uncles died for in WW2 but for the English global empire or British-Israel global empire as I call the NWO now. Churchill was the crown’s bulldog who started it all. Churchill the Jew and Stalin the Jew against Hitler the Jew, with the Anglo elites of the USA baiting the Japanese into Pearl Harbor to get us into WW2 as the Jew Bernard Baruch brokered that deal with the Jew Rothschilds for the English crown.
Nothing has changed in Europe for the better since WW2, the control of the liars has only gotten more extreme. Hell will unravel all your lies Jews and English, but then again it will be too late to repent.
In many ways the Holocaust myths are the framework which the greater lies of the English and the Anglo-American establishment about WW2 rest.The English people are the most extraordinary of liars I have every encountered in my life, and cowardly, their ‘subjects’ the Jews are the most brainwashed. A friend tells me that at the University of California you must take a Holocaust course to graduate now. Well a filthy Satanic, Lying Jew heads that place up now. He openly boasts of being a Zionist and there is not one protest over this filthy greedy lawyer, Baron Rothschilds, Schwarzenegger and the Bush family brought in to run UC.
The Jews have long blamed Wagner for all the misery their own Zionist Leadership and greed created, so this slander of the great composer Wagner does not surprise me. What is the so called holocaust these days but an extortion industry and cover for the satanic NWO that is run from England . The Jews must be in a panic that they are losing control of the current generation of Germans or control over their own people, as all the people alive during WW2 are close to death or dead. You Jews have your home in Israel and if you’re a Zionist you should go there or back to the fatherland of England.
And let me say this on many levels the lies of the Anglosaxon-American and English establishment about WW2 far exceeds the lies of the Jews about WW2. American Anglosaxon who ‘crafted’ our satanic dis-educational secular humanist system in the USA are more to blame than the Jews even for all this false history being taught as truth about WW2.
The problem for you Anglosaxons of America is you’re a small, small minority, this is not England where you can bully everyone forever or get everyone to identify with your cultural and historical filth and roll in the pigsty of your Anglosaxon lies about WW2 and the so called holocaust and rejoice in the filth of Prince Charles and his many lies like the global warming hoax. Like Brother Kapner says ’ the Jews know the score’, you can bet the Anglosaxons, the first cousins of the Jews know the score at least among the elite in the USA and for sure in England they all do.
The English have had a visceral hatred of the Germans that goes far back into time. WW2 was as much about English jealousy and greed as Jewish greed and Zionist madness. While Hitler was deeply into the occult and homosexuality and a madman the English madness and their servants of empire the Jewish bankers, far exceeded the madness of the Germans under Hitler which the English created at Versailles.
http://www.guardian.co.uk/world/2013/may/09/german-nazi-opera-cancelled-wagner-tannhauser?CMP=twt_gu
-John Paulson Interview
http://blogs.marketwatch.com/thetell/2013/05/09/john-paulson-on-his-gold-losses-what-losses/
-US Opens
9:31 a.m. EDT 05/09/13Major Indexes
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Last |
Change |
% Chg |
| DJIA |
15101.75 |
-3.37 |
-0.02 |
| Nasdaq |
3408.45 |
-4.82 |
-0.14 |
| S&P 500 |
1631.12 |
-1.57 |
-0.10 |
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-EU summary
ECB Monthly Report was in -line with ECB press conference noting that risk to Europe’s economy was on the downside and highlighted that weak global demand and insufficient reform could delay recovery. The ECB Survey of Professional Forecasters cut 2013 and 2014 GDP outlook and lowered inflation views. and said high debt level was detrimental to growth , and significant uncertainty over threshold for debt doom-loop, which was certainly a very odd thing to add.
Bundesbank President Jens Weidmann criticises France’s failure to stick to its deficit reduction targets in WAZ.Weidmann reiterated his criticism of France’s failure to stick to its deficit reduction targets, saying the euro zone’s second biggest economy had a key role in maintaining the credibility of the bloc’s efforts to consolidate budgets; the fact that France would still have a deficit of around 4 percent this year, which was even set to rise next year, did not indicate that it was making an effort to save. Weidmann commented that it was right for monetary policy to be expansive, but must raise rates quickly when situation improved; Low rates were not a permanent solution and he reiterated that ECB still able to take further action. Weidmann said European countries should not ease up on reforms and resort to stimulus packages to tackle high youth unemployment as this will not result in sustainable jobs.
European Commission to introduce import duties of 47.6% average on China solar companies accused of dumping. Tariffs will vary by company with a 37.3% min rate to a 67.9% max rate.
EU Economic Releases
(EU) ECB: €309M borrowed in overnight loan facility vs. €1.8B prior; €81.1B parked in deposit facility vs. €120.4B prior (lowest deposits since late 2011)
(IT) Bank of Italy: Mar Bad loans +21.7% y/y vs. +18.6% prior
(ES) Spain Mar Industrial Output WDA Y/Y: -0.6% v -5.3%e; Industrial Output NSA Y/Y: -9.8% v -9.0% prior
(GR) Greece Feb Unemployment Rate: 27.0% v 26.7% prior (revised record level)
(CZ) Czech Mar Retail Sales Y/Y: -3.3% v -3.0%e
(UK) Mar Industrial Production M/M: 0.7% v 0.2%e v 1.0% prior; Y/Y: -1.4% v -1.6%e
(UK) Mar Manufacturing Production M/M: 1.1% v 0.3%e; Y/Y: -1.4% v -2.0%e
(ZA) South Africa Mar Gold Production Y/Y: -6.2% v -4.7% prior; Mining Production Y/Y: -3.5% v +4.0%
-905 Europe Credit Markets
Greece FinMin Stournaras commented that debt markets still remained closed to Greece but was optimistic it could return to markets in 2014 but it would require return to economic growth and primary surplus. He also noted that the number of civil servants was starting to fall and could exceed 15,000 target. He reiterated view that country could receive further debt relief once it achieves a primary surplus and that its banking sector recap was going well.Slovak bank Postova banka said to have filed an arbitration claim against Greece over 2012 bond swap. Postova purchased the Greek government bonds in the first half of 2010. According to Postova Greek government bonds that were forcibly restructured by Greece, which caused Postova and Istrokapital to suffer significant losses.
Cyprus Central bank Governor Demetriades commented that catastrophic scenarios for Cyprus had been averted, but 2013 prospects remained bleak and saw 2013 GDP at -8.7%. He stated that he would not resign as Central bank head and that ECB won’t deny Cyprus liquidity if terms were met; there was not yet any decision on gold sale, but Central bank would be in charge of decision.
EU Deposit insurance funds would be vulnerable to ‘huge shocks’ unless depositors received preferred treatment over other unsecured creditors. EU weighing whether depositors should be paid back ahead of other unsecured creditors in new rules.
The BOE MPC held rates and QE levels.
Key Bond Rates
U.S. 10y 1.80-0.02, 0.88%
German 10y 1.25-0.02, 1.79%
Italy 10y 3.85+0.05, -1.35%
Spain 10y 4.19+0.10, -2.35%
U.K. 10y 1.77-0.00, 0.11%
Auctions
(ES) Spain Debt Agency (Tesoro) sold total € vs. €3.5-4.5B indicated range in 2016, 2018 and 2026 bonds
Sold €1.86B in 3.3% April 2016 Bono; Avg Yield 2.247% v 2.792% prior; Bid-to-cover: 2.34x v 2.84x prior; Max Yield 2.268% v 2.810% prior
Sold €1.55B in Jan 4.5% 2018 Bono Bond; Avg Yield 2.789% v 3.257% prior; Bid-to-cover: 2.24x v 2.52x prior; Maximum Yield 2.807% v 3.286% prior
Sold €1.16B in 5.9% Jul 2026 Bono; Avg Yield 4.336% v 5.555% prior; Bid-to-cover: 1.62x v 2.9x prior; Max Yield: 4.354% v 5.569% prior
(PL) Poland sold total PLN6.5B vs. PLN3.5-5.5B indicated range in July 2.5% 2018 bonds; Yield: 2.550%; Will not hold supplementary auction round for 2018 bonds
(HU) Hungary Debt Agency (AKK) sold HUF50B vs. HUF50B indicated in 12-month Bills; Avg Yield: 3.96% (record low) vs. 4.02% prior; Bid-to-cover: 1.80x v 1.88x prior
(HU) Hungary Debt Agency (AKK) sold HUF10B vs. HUF7B indicated in 2019 Floating Rat bond; Price 96.27 v 96.31 prior; bid-to-cover: 1.97x
-Asia Close
PBOC sells bills and drains CNY 37B via repos- dealers note that China still effectively injects CNY 84B for week (due to maturing bills, repos); set Yuan at another record high, driving speculation that PBOC might again widen the daily trading band from the current 1% level. China State Researcher Zhang Liqun commented that China inflation pressure had not eased because of large domestic money supply and QE of major developed nations. He added that China should not have expansionary policies to increase economic growth otherwise inflation would rebound . China researcher Wang Jun noted that CPI would not rebound significantly in near term. PBOC source noted that China near-term benchmark rate cut was impossible citing threats posed by house prices and inflation and saw no such no cut in H1 at least.
DPJ official Muroi to resign, as expected
Australia Treasurer Swan commented that the country’s job data would remain volatile and saw signs of non-mining sector to pick up.
- The Monetary Policy Committee at the Bank of England on Thursday decided to leave the key lending rate at a record low of 0.5%, where it has stood since March 2009. The central bank also left the size of its asset-purchase program unchanged at 375 billion pounds ($582.90 billion). Both decisions were expected by most analysts. “Although we expect the bank’s forecasts next week to show U.K. inflation persisting above target for the forecast period we still expect the MPC to vote for further policy action later this year,” said Victoria Clarke, economist at Investec Securities, in a note. “We suspect following the arrival of the new Governor Mark Carney we will see a sustained push to try and achieve a step-up in growth, with something more significant than the recent augmentations to the Funding for Lending Scheme,” she added. MW
-Precision Castparts Corp.’s (PCP) fiscal fourth-quarter earnings rose 23% as sales increased in all of the cast-metal-parts maker’s segments posted increased sales.Precision Castparts, which makes metal forgings and castings for airplanes and gas turbines, has posted increased revenue for the past three years, buoyed by an overall improvement in the aerospace, power and general industrial markets. The company has also become acquisitive of late.Precision Castparts paid about $2.9 billion in January for Titanium Metals Corp. in an effort to expand its titanium capabilities, and agreed in March to buy Swedish ball-bearing maker SKF AB’s (SKF-B.SK) metallic-rods business for roughly EUR40 million.For the quarter ended March 31, Precision Castparts reported a profit of $414.2 million, or $2.82 a share, up from $336.1 million, or $2.30 a share, a year earlier. Earnings from continuing operations were $2.31 last year. Sales jumped 25% to $2.44 billion.Analysts polled by Thomson Reuters had most recently forecast earnings of $2.75 a share on revenue of $2.51 billion.Operating margin edged down to 25% from 25.5%.Sales in its forged products segment–the largest top-line contributor–increased 31% to $1.12 billion. Airframe products sales climbed 40% and sales of investment cast products rose 6.5%.Shares closed Wednesday at $192.02 and were inactive premarket. The stock is up 1.4% so far this year.
-Apache Corp said first-quarter profit fell to $717 million, or $1.76 a share, from $797 million, or $2.00 a share, a year earlier. The company said adjusted earnings were $2.02 a share. Quarterly revenue fell to $4.076 billion from $4.536 billion a year ago, the oil and gas company said Thursday. Analysts polled by FactSet had expected earnings of $2.20 a share on revenue of $4.29 billion. Apache plans to divest $4 billion in assets by the end of 2013, using about half to reduce debt and the rest to repurchase shares. The company said it is “on track” to meet its 2013 guidance of 3% to 5% production growth. Shares were up 1% in premarket trading.
-Dean Foods Co. reported its first-quarter profit rose to $492.6 million, or $2.63 a share, from $37.9 million, or 20 cents a share, a year earlier. Adjusted earnings were 29 cents a share. Revenue rose slightly to $2.88 billion, from $2.87 billion a year earlier, the food company said Thursday. Analysts had expected earnings of 27 cents a share on revenue of $2.98 billion, according to FactSet. The strong unadjusted earnings per share primarily reflects the sale of the company’s Morningstar business in January. Going forward, the company expects a low-to-mid single-digit decline in volumes, which it plans to offset with cost reduction. Nonetheless, it reaffirmed its full-year adjusted earnings per share range of between 45 and 55 cents. Stocks were up 2.37% in premarket trading Thursday.
Negative real revenue growth when you factor in 5 % inflation
-The number of people who applied for regular state unemployment-insurance benefits ticked down 4,000 to 323,000 in the week ending May 4, hitting the lowest level since January 2008, the U.S. Department of Labor reported Thursday. Economists polled by MarketWatch had expected initial claims to rise slightly to 335,000 from an original estimate of 324,000 for the prior week, echoing softness in other recent labor-market data. Recent readings on initial claims signal little change in the pace of layoffs. The four-week average of new jobless claims fell 6,250 to 336,750, hitting the lowest level since November 2007, near the start of the recession. The government also reported Thursday that continuing claims for jobless benefits dropped 27,000 to a seasonally adjusted 3.01 million in the week ended April 27, reaching the lowest level since May 2008. The four-week average of these claims from people already receiving benefits fell 24,500 to 3.03 million, the lowest since June 2008. MW
-Royal Blowhard and Drug King Pin Prince Charles attacks Climate Truthers
http://www.guardian.co.uk/environment/2013/may/09/prince-charles-climate-change-sceptics?CMP=twt_gu
- Kerry insists Assad cannot be part of Syrian transitional government-AFP
John Kerry, real name John Kohn. Aka ‘the European’
-Following is a table of Euromoney’s rankings for foreign-exchange market share (all products).
Bank 2013 2012
Rank Share (%) Rank Share (%)
Deutsche Bank 1 15.18 1 14.57
Citigroup 2 14.90 2 12.26
Barclays 3 10.24 3 10.95
UBS 4 10.11 4 10.48
HSBC 5 6.93 5 6.72
JPMorgan 6 6.07 6 6.60
RBS 7 5.62 7 5.86
Credit Suisse 8 3.70 8 4.68
Morgan Stanley 9 3.15 9 3.52
BofA Merrill Lynch 10 3.08 12 2.41
-Any relation to Ariel Sharon or Fidel Castro MI6 or how about Juan Carlos?
Ariel Castro, Sephardic Jew, Accused Cleveland Dungeon Rapist, Sex Slaver, Satanist
http://www.bbc.co.uk/news/world-us-canada-22444882
Why not blare that English queer wanting to castrate little American boys with his own dungeons all over your press MI6/BBC? I noticed you racist Anglo pieces of excrement at MI6 dare not let out when one of your own goes off the deep end . Soon an English Barrister will be appointed for Ariel I expect. Maybe Prince Harry will pay him a visit?
-0301
Stoxx Europe 600 index opens down 0.1% at 303.37
Germany’s DAX 30 index 0.2% lower at 8,235.62
France’s CAC 40 index opens 0.8% lower at 3,926.1
-Bundesbank’s Weidmann: Countries shouldn’t undermine credibility of stricter fiscal rules by “taking their flexibility to the limit”
-An appeals court in Italy has upheld the conviction for tax fraud of former Prime Minister Silvio Berlusconi.The court also reinstated a four-year prison sentence and five-year ban from public office he was handed in October.Mr Berlusconi was convicted of artificially inflating prices of film distribution rights bought by his company, Mediaset, to avoid taxes.He is now expected to appeal against Wednesday’s ruling at Italy’s highest court, the Court of Cassation. The legal time limit will expire for this conviction while Berlusconi’s lawyers drag out the appeal.
-Satanic Prince Harry Begins 7 day USA Tour Centered around Washington DC and Wall Street. First visit since his ‘naked’ debacle in Las Vegas. Delivery of instructions to Obama or pay- offs or collecting Crown drug cut?
-JPM ,warned by FERC it faces legal action in energy manipulation got , a Wells notice from the Feds that charges are going to be filed.
-0155 Asia
Asian markets are mixed tonight.
The Korean Central Bank (BOK) followed the recent policy easing moves in Japan, Europe, India, and Australia, unexpectedly easing policy for the first time in 7 months with a 25bps cut to 2.50%. South Korean markets rose 1+% following the rate cut, even though the Won remained near its recent high.
The defacto dollar peg as Bernanke’s QE, and Asia and Europe’s dependency on USA technology and jobs causes them to follow the FED down the currency debasement path and import inflation along with jobs. The only major nation to fight this so far has been China although they are still maintaining their peg it is increasing slowly the Yuan’s value against the dollar and have not caved on rates.
China’s inflation figures sent their markets lower as any hope for imminent relief from the PBOC vanished. Consumer inflation rose to 2.4% in April, above 2.3% consensus and 2.1% March CPI, sending Shanghai Composite to its lows down -.8 %. The inflation figure was led by the food prices which registered an increase of 4%. The National Stats Bureau explained the rising vegetable prices were the main reason for the rise in inflation, related to lower demand for poultry amid the H7N9 flu crisis. Separately, the Chinese press reported steps may have to be taken to deal with overproduction capacity, while the China ministry of commerce defended its Apr trade data released last night, this despite the evisceration in the NYT of their trade figures. A PWC report showed that China top 10 bank’s overdue loans are +29% y/y.
Japan had a down night. The Nikkei finished at 14, 191.48, down -.66 %, as the Y/D dropped to the 98 range and tripped automatic futures selling which in turn caused selling in the cash market. Richly valued stocks such as Fanuc also helped drive the index lower as traders booked profits on the recent run up. Sony posted its first full-year net profit in five years, it said in preliminary earnings statement for the fiscal year ended March 31; operating profit may rise to 230 billion yen, that compares with the 208 billion-yen average of analyst estimates. Japan Finmin Aso emerged to say now is not the time to revise BOJ law, which probably further dampened the animal spirits in Japan. Japan and China are having a spat over the Ryukyu Islands and traded diplomatic bow shots in their respective press.
Australia was set to rally on the jobs report, but sold off in sympathy as China’s commodity store house on the China inflation data, and finished down -.2 %. Likewise commodity store house for China , New Zealand failed to rally on strong jobs data.
Thai Central Bank Gov Prasarn said the Thai Central Bank must be cautious in easing rate.
Fitch said India’s recent rate cut is unlikely to ease funding risks for domestic banks. Moody’s said Malaysia’S election results were pro-growth and the rating was stable on their debt.
Economic Releases
(JP) JAPAN APR OFFICIAL RESERVE ASSETS: $1.26T V $1.25T PRIOR (1st rise in seven months)
(JP) JAPAN APR TOKYO AVERAGE OFFICE VACANCIES M/M: 8.5% V 8.6% PRIOR
(CN) CHINA APR PRODUCER PRICE INDEX (PPI) Y/Y: -2.6% V -2.3%E (6-month low)
(CN) CHINA APR CONSUMER PRICE INDEX (CPI) Y/Y: 2.4% V 2.3%E; M/M: 0.2% v 0.1%e
(KR) BANK OF KOREA (BOK) CUTS 7-DAY REPO RATE BY 25BPS TO 2.50%, NOT EXPECTED; First rate cut since Oct 2012
(AU) AUSTRALIA APR EMPLOYMENT CHANGE M/M: +50.1K V +11.0KE; UNEMPLOYMENT RATE: 5.5% V 5.6%E (first decline since Nov 2012)
(NZ) NEW ZEALAND Q1 UNEMPLOYMENT RATE: 6.2% V 6.8%E (1-yr low); EMPLOYMENT CHANGE Q/Q: 1.7% (multi-year high) V 0.8%E, Y/Y: +0.3 V -0.7%E; PARTICIPATION RATE: 67.8% V 67.8%E
(NZ) NEW ZEALAND APR QV HOUSE PRICES Y/Y: 7.1% V 6.5% PRIOR
GLD: SPDR Gold Trust ETF daily holdings fall by 6.3 tons to 1,051.5 ton (lowest since 1,041.5 in Mar of 2009)
SLV: iShares Silver Trust ETF daily holdings rise to 10,440 tons from 10,431 tons
-USA after-hours
(MX)Mexico Central Bank gov Carstens: peso is much undervalued compared to pre-crisis levels. Mexico Central Bank 1Q Inflation Report: Continues to see 2013 GDP at 3.0-4.0%, 2014 at 3.2-4.2%. Fitch raises Mexico rating one notch from BBB to BBB+; outlook Stable
(CO) Colombia Mar Exports FOB: $4.6B v $5.0Be
MSFT: Names Corporate Vice President Anglosaxon Amy Hood as new CF0
(TLSA) Tesla Motors Inc. said it earned $11.2 million in the first quarter of 2013 as deliveries of Model S electric vehicles lifted the maker of luxury electric cars to a quarterly profit for the first time in its history.The company–which had reported a loss in every quarter since it public in 2010–said it recognized revenue from 4,900 Model S vehicles in the first quarter, up from the company’s previous outlook for 4,500 cars in the quarter.Shares of Tesla jumped 13.3% after-hours to trade recently at $63.21.Revenues were $562 million, up from $30.2 million a year ago. Tesla posted a net loss of $89.9 million a year earlier.The Palo Alto, Calif.-based company is trying to become the first successful automotive startup in the U.S. since the 1920s. As recently as six months ago, the company was forced to sell shares to raise cash and avert a liquidity crisis. Also, Tesla had struggled with delayed deliveries from suppliers that slowed production.Tesla said its production of Model S vehicles was 400 or more per week, for a total of more than 5,000 vehicles during the first quarter. The company has said it needs to produce at a rate of 20,000 vehicles a year to be profitable.The company said it is receiving orders for more than 20,000 vehicles a year worldwide, and plans to build about 5,000 Model S vehicles in the second quarter. Tesla plans to deliver about 4,500 vehicles in the second quarter and deliver about 21,000 vehicles during 2013.”2013 is off to a strong start,” Tesla Chairman and Chief Executive Elon Musk and the company’s chief financial officer, Deepak Ahuja, wrote in a letter to shareholders.
(GRPN) Groupon Inc. said that for the quarter ended March 31 it lost $4 million, or a penny a share, on revenue of $601.4 million. During the same period a year ago, Groupon lost $11.7 million, or 2 cents a share, on $559.3 million in sales.Excluding one-time items, Groupon would have earned 3 cents a share. Analysts surveyed by FactSet had forecast the online daily deal company to earn 3 cents a share on $591.3 million in sales.On the conference call, Groupon executives talked about the “Tale of Two Groupons” and the company’s struggles in its international businesses, which saw a decline in revenue of 18%, while revenue in North America grew 42%. The company is still working on building out its infrastructure outside the U.S. in an effort begun under Mason dubbed “One Playbook.”Chairman and co-interim CEO Eric Lefkofsky, tried to put a positive spin on Groupon’s results, recapping its brief history, stunning growth rates and noting that “with unprecedented growth comes unprecedented volatility.”Whether Groupon can realize its ambitions outside the U.S., and improve its total financial results remains to be seen. How these issues are impacting its search for a CEO is also a question worth asking. On the call, co-CEO Ted Leonsis said that the company was “not in a hurry” and it was lucky to have a current leadership team that is affording Groupon some flexibility. “We don’t expect this to be a simple search,” he said (MW, WSJ wire)
Summary
TSLA: Reports Q1 $0.12 (adj) v $0.01e, R$562M v $456Me; raises 2013 Model S deliveries forecast; +17.9% afterhours
CTL: Reports Q1 $0.76 v $0.69e, R$4.51B v $4.52Be; +2.4% afterhours
ATVI: Reports Q1 $0.17 v $0.11e, non-GAAP Rev $804M v $706Me; -6.3% afterhours
CF: Reports Q1 $6.03 (ex items) v $6.00e, R$1.3B v $1.44Be; +2.1% afterhours
NWSA: Reports Q3 $0.36 v $0.36e, R$9.54B v $9.09Be; +2.8% afterhours
GRPN: Reports Q1 $0.03 (adj) v $0.03e, R$601M v $598Me; +11.1% afterhours
GMCR: Reports Q2 $0.93 v $0.73e, R$1.0B v $1.03Be; +16.2% afterhours
RAX: Reports Q1 $0.19 v $0.20e, R$362M v $368Me; -16.1% afterhours
CTRP: Reports Q1 $0.18 v $0.11e, R$187M v $172Me; +13.5% afterhours
-Geopolitical News
How the serfs Live in England
Notice the American is the only one hustling and not on the Govt Dole or looking for a handout like the English. Bad Character the English, comes from taking the Crowns farthings, while they sup on pheasant under glass with their drug and blood money. Take the Crown’s money and you’re taking drug money Brits. Get off the dole.
http://www.bbc.co.uk/news/magazine-22345958
China and India Clash over resources
http://news.yahoo.com/china-indias-rivalry-extends-arctic-073108713.html;_ylt=AqmiLR6JSjC7ucd3velUWAxvaA8F;_ylu=X3oDMTNkYzJqNjQyBG1pdAMEcGtnAzBmNGM5N2JhLWFhM2QtMzc1My05MzQ3LTIwMTBmNGQxMmYyZgRwb3MDMTIEc2VjA2xuX0FzaWFfZ2FsBHZlcgMwZGM0YzQ3MC1iN2JjLTExZTItOTdlZC02ZWE3ZWZlMzljNzQ-;_ylg=X3oDMTBhYWM1a2sxBGxhbmcDZW4tVVM-;_ylv=3
Cameron, We’re a racist apartheid occupation force too!!
David Cameron has said the UK continues to recognise Chinese sovereignty over Tibet amid reports of a rift with Beijing over the issue.The Chinese authorities are said to be angry at the prime minister’s decision to meet the Dalai Lama, Tibet’s spiritual leader, last year.Mr Cameron told MPs that UK policy had not changed and it did not support calls for independence for Tibet.He said he was seeking a “strong and positive” relationship with China. BBC
Holder, DOJ, no warrants needed
http://news.cnet.com/8301-13578_3-57583395-38/doj-we-dont-need-warrants-for-e-mail-facebook-chats/
Demand Assad Resign Unconditionally
by Jason Ditz, May 08, 2013
The Obama Administration’s decision to get on board with Russian pushes for a negotiated settlement to Syria’s Civil War took a serious hit today, with rebels reiterating their opposition to talks.
Najib Ghadbian, a representative of one of the US-backed rebel factions, insisted from their view “it seems like there’s really nothing new,” adding that they stand by their previous statements that no talks could ever include Assad or anyone else “with blood on their hands.”
The Syrian National Coalition (SNC) issued a similar statement, saying they would “welcome” talks, but only after the Syrian government gave them everything they wanted beforehand – the unilateral ouster of Assad and the resignation of the entire government.
Secretary of State John Kerry insisted the US-Russian plan will focus on the previous Geneva deal, which called for a transitional government but didn’t mention what would happen to Assad. The deal was reached under Kofi Annan, and has been condemned by the rebels since. That seems unlikely to change.
Brings Overall Funding for Syria to $510 Million
by Jason Ditz, May 08, 2013
Secretary of State John Kerry will reportedly announce a new round of aid in the ongoing Syrian Civil War tomorrow, another $100 million, bringing the total amount committed to Syria to $510 million.
While previous aid had been funneled to rebel groups as a way to buying influence with them, the new aid will reportedly go through the United Nations, centering on support for the growing number of refugees abroad.
Much of the money is going to go to Jordan, where the US is also operating rebel training facilities. Smaller amounts are going to be spent in Lebanon and Turkey, and some going to providing blankets and clothing to internally displaced persons in Syria.
Officials say the decision to announce the new humanitarian aid is unrelated to ongoing reports of the Obama Administration considering sending weaponry to the rebels. Much of the previous “humanitarian” aid has amounted to rebel supplies and training.
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Updated May 9, 2013 – 12:50 AM EDT |
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-Welcome Back!
People are always turning back to the world through the desires of their own hearts, which are beyond our ability to change.
1 Corinthians 7:15-16
King James Version (KJV)
15 But if the unbelieving depart, let him depart. A brother or a sister is not under bondage in such cases: but God hath called us to peace.
16 For what knowest thou, O wife, whether thou shalt save thy husband? or how knowest thou, O man, whether thou shalt save thy wife?
Newslinks
-WS hires Washington
http://www.politico.com/story/2013/05/wall-street-hires-washington-91115.html?hp=t1_3
-Eron/Dallas FED Skilling buys 10 year reduction in jail term
http://www.bloomberg.com/news/2013-05-08/enron-s-jeff-skilling-may-get-decade-off-sentence-in-deal.html
-Gore Is Romney-Rich With $200 Million After Bush Defeat
http://www.bloomberg.com/news/2013-05-06/gore-is-romney-rich-with-200-million-after-bush-defeat.html
-USA Federal govt actively promotes low wage outsourcing (through Anglo-Zionist Firms)
http://www.presstv.ir/detail/2013/05/09/302592/us-govt-behind-nations-wage-disparity/?utm_source=twitterfeed&utm_medium=twitter
-Aussie Student throws sandwich at Lesbo-Witch PM Gillard
http://www.bbc.co.uk/news/world-asia-22461010#TWEET749327
-ECB Seen Desisting From Further Rate Cut Until 2015
http://www.bloomberg.com/news/2013-05-09/ecb-seen-desisting-from-further-rate-cut-until-2015.html
-Egypt Investment Collapsing as Citizens Turn Into Vigilantes
http://www.bloomberg.com/news/2013-05-07/egypt-investment-collapses-as-violence-sparks-lawless-vigilantes.html
