As if Americans don’t have enough to worry about with the impending fiscal cliff; now there is a greater long-term danger laying in wait in dark financial corners for 2013. Its called the “Great Rotation”!
A ‘great rotation’ is a cyclic general swing by investors away from buying bonds into buying stocks. Sounds innocent enough, but this time will spell big trouble for long-term U.S. federal government debt.
There are numerous reasons investors feel the time is ripe for another great rotation.
The Dynamics of a Great Rotation
According to experts the reasoning behind a rotation are quite simple. Stocks become risky for one reason or another, lose money and so skittish investors head for safer investments to prevent losses from volitile or declining stock…
View original post 493 more words
Back in mid-2010, I wrote that Portugal was going to exacerbate its fiscal problems by raising taxes.
Needless to say, I was right. Not that this required any special insight. After all, no nation has ever taxed its way to prosperity.
We’re now at the end of 2012 and Portugal is still saddled with a weak economy. And the higher taxes haven’t resulted in less red ink. Indeed, according to the Economist Intelligence Unit, government debt has jumped from 93 percent of GDP in 2010 to 124 percent of GDP this year.
- Higher taxes undermine incentives for productive behavior, thus reducing an economy’s potential for growth. This means less economic output, which also…
View original post 780 more words
As reported to AL HENDERSHOT, Editor of The Obama Hustle.
Hawaii state registrar Alvin Onaka has publicly certified to AZ SOS Ken Bennett that Barack Obama’s HI birth certificate is legally non-valid and the White House image is a forgery. He also confirmed to KS SOS Kris Kobach that the information contained in the White House image isNOT “identical to” that in the official record.
Many of you have replied to concerned constituents that the matter is settled by the public statements of Hawaii officials, the HDOH birth index list, the newspaper birth announcements, and Obama’s posted short-form and long-form birth certificates. Onaka’s disclosure – the only one made by a HI official under oath –negates all that and fits the vast legal and forensic evidence collected so far, some of which is in my affidavit (privately posted at for NE criminal case #B2-119. Sheriff Joe Arpaio and his Cold Case Commander, Mike Zullo (both of whom initially disbelieved the skeptics) have both signed affidavits saying there is legal-quality FORENSIC evidence that Obama’s long-form birth certificate and draft registration are forged. Onaka has now revealed the REASON for the forgery: to hide the non-validity of the birth record. Evidence in my affidavit proves (among other things) that the 1960-64 birth index includes non-valid records.
Onaka’s disclosure is proof of results-altering election fraud in every state in this country, since fraudulent filing documents were used to place Obama on every state’s ballot. Absent a non-Hawaii birth record, Obama doesn’t even have a legally-determined birth date, place, or parents so nobody can lawfully say he meets the age or citizenship requirements to be President – and yet every Certification of Nomination falsely swears that he is eligible. EVERY electoral vote for Obama is thus now LEGALLY KNOWN to be fraudulently-obtained and must not be certified as lawful on Jan 8th. As with the Sandusky case, those with knowledge have legal responsibility to act, and that is now you.
Even if the majority in Congress wrongly certifies the electoral vote, that only makes Obama the President-elect. The 20th Amendment says that if the President-elect fails to qualify by Jan 20th, the Vice-President-elect must “act as President”. Without any legally-determined birth date, birth place, or birth parents, there is no way that Barack Obama could have qualified by Jan 20, 2009 – or can qualify by Jan 20, 2013, unless his birth facts ARE legally determined. The biggest favor any one of you can do for this whole process (and for Obama himself if he is to become President LAWFULLY) is to file a lawsuit (with standing) challenging Obama’s eligibility so that the records will be presented as evidence to a JUDICIAL OR ADMINISTRATIVE person or body (not legislative, according to Hawaii statute 338-17, so Congress is powerless on this issue) and birth facts determined. That’s the only way Obama can “qualify” by Jan 20, 2013.
Our President has committed perjury 6 times by swearing (in AZ, NC, and WV) that he is eligible, knowing that he has no valid HI birth certificate (and claiming a Kenyan birth in his bio until 2007), and let his spokesmen pass off two forgeries as genuine on his behalf. He knowingly allowed a decorated military surgeon to lose his life’s savings and retirement and spend 6 months in prison for simply wanting to know if his combat orders were lawful, or whether they Constitutionally had to come from Joe Biden instead – who OPPOSED the “surge”.
It appears that many felonies have been committed. An impeachment must precede a criminal investigation and trial, so failure to impeach is obstruction of equal protection & the rule of law – without which, none of your life’s work even matters because the laws you make will only be enforced when politically expedient to the powerful. A banana republic.
L’aikidō 合気道 (scritto in kanji) o anche 合氣道 (usando un kanji più antico) è una disciplina psicofisica giapponese praticata sia a mani nude sia con le armi bianche tradizionali del Budo giapponese di cui principalmente: “ken” (spada), “jo” (bastone) e “tanto” (il pugnale).
I praticanti sono chiamati aikidoka (合気道家).
La disciplina dell’aikido fu sviluppata da Morihei Ueshiba (植芝盛平?) anche chiamato dagli aikidōka Ōsensei (翁先生? “Grande maestro”) a cominciare dagli anni trenta del ‘900.
L’Aikido deriva principalmente dall’arte marziale del Daitō-Ryū Aikijūjutsu, dalla quale però iniziò a prendere le distanze, sviluppandosi come disciplina autonoma, a cominciare dalla fine degli anni Venti. Questo è anche dovuto al coinvolgimento di Ueshiba con la religione Ōmoto-kyō. Dei documenti dei primi allievi di Ueshiba riportano il nome aiki-jūjutsu[
Background and key principles
Under Islamic principles, Sharia law (prescribed in the Koran) defines the framework within which Muslims should conduct their lives.
The overarching principle of Islamic finance and banking products is that all forms of interest are forbidden. The Islamic financial model works on the basis of risk sharing. The customer and the bank share the risk of any investment on agreed terms, and divide any profits or losses between them. In addition, investments should only support practices that are not forbidden – trades in alcohol, betting and pornography are not allowed. Moreover, an Islamic banking institution is not permitted to lend to other banks at interest.
To read the full article, visit here
“JPM is #1 in Global Investment Banking fees. It is #1 in Fixed Income Markets income share. It is one of the biggest derivatives traders. One might at first think that the new rules for FinReg that are set to be implemented in 2013 would hurt JPM more than others. However, the opposite may be true. There are two derivatives laws that are particularly important.”
“The first law would require that most derivatives be traded on open electronic platforms, with prices visible to all participants before deals are done. This would over time lead to much lower prices for derivatives. It would mean lower prices (margins) for JPM in this area. However, the big traders say that large transactions if done openly would disrupt the markets. They are lobbying for exemptions. The big traders such as JPM will be the ones to get these exemptions. They are the ones…
View original post 132 more words