WAL-MART suffers first sales decline... Jobless claims rise...

Wholesale inflation surges... 16.8% annual? Stocks rally…

riiiiight!

IT'S STARTING: Fed Raises Discount Rate... Fed bumps up rate banks
pay for emergency loans (AP) CDS on US Sovereign Debt Should
Be Exactly Zero

Fed hikes discount rate but not tightening policy Reuters - Emily Kaiser,
Vivianne Rodrigues -
WASHINGTON (Reuters) - The Federal Reserve said on Thursday it
raised the interest rate it charges banks for emergency loans but
insisted that its first rate move since December 2008 would not
raise borrowing costs for consumers or companies. US Stock-
Index Futures Drop After Fed Raises Discount Rate BusinessWeek
Fed Discount Rate Hike Marks Tangible Step Towards Exit Wall Street
Journal Dollar jumps after Fed raises discount rate Gold
Tumbles As IMF Reaffirms Plan To Sell 191.3 Metric Tons Of Gold
Over Time in Phased “On-Market” Gold Sales The IMF just
announced it would resume selling the balance of its
preapproved for sale gold, of which 191.3 tons remains. The
sales would be in a phased manner over time to avoid disrupting
the gold markets.

New underground economy The Washington Times | 17 million adults in

American do not put their money in banks. Stripping away the
disguise of derivatives Financial Times | Using artificial “off-market”
interest or currency rates, it is possible to create differences in value
between payments and receipts. The Economic Elite Have
Engineered an Extraordinary Coup, Threatening the Very Existence of
the Middle Class The economic elite have robbed us all. The amount
of suffering in the United States of America is literally a crime against
humanity.
(2-18-10) Dow 10,393 +83 Nasdaq 2242 +15 S&P 500 1,106 +7 [CLOSE-
OIL $79.06 (-54% for year 2008) (RECORD TRADING HIGH $147.27)
GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26
MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,119 [video] Gold
Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER
$16.06 (+47% for year 2009) PLATINUM $1,509 (+56% for year 2009) /
DOLLAR= .74 EURO, 91 YEN, .64 POUND STERLING, ETC. (How low
can you go - LOWER)/ 10 YR NOTE YIELD 3.8% …..… AP Business
Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly
Recap – Stocks / Bonds / Currencies - Domestic / International
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! [ (2-16-10) Paul B. Farrell, MarketWatch
Economic Doomsday is Here Market rallies on weak worthless
Weimar dollar, higher oil prices, and news from ny fed, the one with $4
trillion missing/unaccounted for, that NY is now a global hub of
manufacturing activity with stimulus-generated inventory increase
(even if believed), that former obfuscating source of cyclic up must
come down as said inventories are unsold or unloaded…riiiiight!…
Total bull s**t!… 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!... Peter
Shiff: Economic collapse in near future / 2010, coming decade worse than
past decade …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!” 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

Source: FBI Knew Austin Attack Was Coming Eyewitness: Hazmat

Teams In Place Before Plane Crash Austin Plane Crash Labeled
“Right-Wing Domestic Terror Attack” By Obama Supporters
NTSB Says Austin Plane Crash Targeted IRS Corporate Media Blames
Kamikaze Attack On Tea Parties

Big Pharma researcher admits to faking dozens of research studies for

Pfizer, Merck

Dubai calls for arrest of Mossad chief

Dubai wants head of Mossad arrested over Hamas assassination

Arabs would back Lebanon if attacked by Israel: Mussa (AFP)

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: WAL-MART suffers first sales decline...

Jobless claims rise...
Wholesale inflation surges...
16.8% annual?
Buchanan: 'America faces a crisis of democracy'; Predicts a paralyzed
gov't...
Greeks lash out at Germany over debt crisis...
Jitters over China's waning taste for T-bills...
UPDATE: Duke lacrosse 'rape' accuser charged with attempted murder,
arson...
British threat to Israel over Dubai Hamas murder...
Dubai says nearly '100 percent' Mossad...
Mossad stays mystery...
France demands Israel explain Dubai passport affair...
Interpol issues notice...

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