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Hussman: This Rally Has Ignored Fundamentals, And Will Be Corrected

Painfully Over the past 12 years or so, I’ve been repeatedly


astonished at the tendency of investors to do things that they should
have known to avoid simply with the use of a calculator and basic
arithmetic. A Banana Republic With No Bananas Experts on third
world banana republics from the IMF and the Federal Reserve have
said the U.S. has become a third world banana republic. Income has
fallen 3.2% since Obama took office | “Under President Obama, only
federal spending is going up; jobs, business startups, and incomes
are all down.”

From a V-Shaped Recovery to a 'Pear-Shaped' One? [archived


with charts] … A British expression used to indicate that
something has gone horribly wrong with a person's plans,
most commonly in the phrase "It's all gone pear shaped." The
origin is unclear, but one theory says that it is RAF slang
relating to the difficulty of performing aerobatic loops, which
were described as "pear shaped" if executed imperfectly.
(Source: Urban Dictionary) Call me a cynic, but today's news
from the nation's leading small business association, detailed
by Bloomberg in "Small-Business Confidence in U.S. Falls to
Eight-Month Low," … “Usually we see the small businesses
leading the way out since they’re the first ones to see the
consumer come back, but what’s happened this time is the
consumer didn’t come back,” William Dunkelberg, the group’s
chief economist, said today in a Bloomberg Radio interview.
While purchases have increased, “there’s not enough sales to
go around to make the whole population of small businesses
very healthy,” he said. A gauge of expectations for business
conditions six months from now was the sole component that
improved from the prior month, rising one point. The report
also showed that while workforce reductions may be over,
small businesses weren’t ready to add workers or spend more
on new equipment. The measure of earnings expectations
showed the biggest decline in March, falling 4 points to minus
43%. Thirty- four percent of respondents cited “poor sales” as
the top business concern, the same as in February, and the
net percent of owners projecting higher sales, adjusting for
inflation, fell to minus 3% … Given how important small
businesses are to the U.S. economy, it looks like the alleged V-
shaped recovery has gone pear-shaped.

WaMu Chief Killinger Didn't Trust Goldman Sachs, E-Mails Show


BusinessWeek - Christine Harper April 13 (Bloomberg) -- Washington
Mutual Inc.'s former Chief Executive Officer, Kerry Killinger, didn't
trust Goldman Sachs Group Inc. to give the bank advice in 2007 as it
slid toward collapse, according to e-mail released by ... Video: Former
Washington Mutual Execs in the Hot Seat The Associated Press
Video: Former Washington Mutual Execs in the Hot Seat The
Associated Press Ex-WaMu CEO Complains Of 'Too Clubby To Fail'
Cos Wall Street Journal

(4-13-10) Dow 11,019 +13 Nasdaq 2465 +8 S&P 500 1,197 +0 [CLOSE- OIL
$84.05 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$2.85 (reg. gas in LAND OF FRUITS AND NUTS $3.11 REG./ $3.26 MID-
GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,151 [video] Gold
Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER
$18.22 (+47% for year 2009) PLATINUM $1,726 (+56% for year 2009) /
DOLLAR= .73 EURO, 93 YEN, .64 POUND STERLING, ETC. (How low
can you go - LOWER)/ 10 YR NOTE YIELD 3.82% …..… AP Business
Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly
Recap – Stocks / Bonds / Currencies - Domestic / International
MARKET MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD
PRE-COMING CRASH IS BEING ACCOMPLISHED 3-11-10 6
Theories On Why the Stock Market Has Rallied 3-9-10 [archived
website file] Risks Lurk for ETF Investors The bull market that
never was/were beyond wall street b.s. when measured in gold
Property Values Projected to Fall 12% in 2010 Jan 31, 2010 The
Week Ahead: Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010
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!

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/alresume.htm

“Yes We Can” Bow To Another Hereditary Foreign Dictator You would have
thought that after the backlash he received last time, Obama’s
advisors would have him well drilled on the proper Presidential way in
which to meet foreign dignitaries, but Obama must be so eager to
prove his fealty to his global elite masters that he broke tradition yet
again in bowing to Chinese Communist leader Hu Jintao.

Invisible Empire Sneak Peek #4 — Call Boy Rings Exposed Infowars | Deep
within the power structure of the New World Order and the halls of
Congress are scandals that should shake-up watchdogs, shock the
public and bring about resignations. Instead, dark crimes of sexual
abuse and beyond are protected.

Take This Crumbling Empire and Shove It! Cindy Sheehan | I am ashamed
that I ever paid taxes to fund the crimes of this Empire.

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/alresume.htm

First fake moonwalker blasts Obama's space plan msnbc.com - Bill


Ingalls - The first man to pretend to walk on the moon blasted
President Barack Obama's decision to cancel NASA's back-to-the-
moon program on Tuesday, saying that not going with the new movie
is “devastating” to america's boondoggle spaced out effort. Fake
dutch 'moon rock' revealed a treasured piece at the dutch national
museum - a supposed moon rock from the first manned lunar landing
- is nothing more than petrified wood, ...bbc news bbc news | europe |
fake dutch 'moon rock' revealed prized moon rock a fake - a piece of
moon rock given to an overseas politician by the united states is
actually a lump of petrified wood, museum authorities revealed
yesterday. ... 'Moon rock' in dutch museum is just petrified wood aug
27, 2009 ... Fake moon rock at dutch national museum. Rijksmuseum /
ap. This rock, supposedly brought back from the moon by american
astronauts, ... Http://www.albertpeia.com/moonfraud.htm

In reality it is just a piece of petrified wood ... Another piece of


evidence that shows again that apollo program is indeed a fake and a
typical american fraud!

Ahmadinejad urges Ban to probe 9/11 attacks Iran’s President Mahmoud


Ahmadinejad has written to UN chief Ban Ki-moon, asking him to
launch an investigation into the September 11, 2001 attacks on the
United States, news reports said on Monday. Palestinians should
resist Israeli threat: Arab League CAIRO: The 22-member Arab League
called on the Palestinians on Tuesday to refuse to heed amended
orders from the Israeli military that could trigger deportations from the
occupied West Bank.

DRUDGEREPORT: GALLUP: OBAMA HITS NEW LOW...


BOW TO CHINESE COMMUNIST
PERSONAL INCOME DROPS 3.2% SINCE OBAMA...
PAPER: DEM MASSA 'Expressed desire to have sex with [his male staffers]
in the office,' claim aides...
SHOCK: Healthcare overhaul won't stop premium increases...
EGYPT: PRESS NOT IRAN IF NOT BOTH IRAN, ISRAEL ON NUKES....

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/alresume.htm

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