Periphanto

Wall Street Breakfast: Must-Know News

Upon Citibank

It looks like Central Bankers are trying to take over the private sector in the US. After all the Federal Reserve is a Private Corporation. They have absolute control over the economic direction of the US, Europe and the Planet. This is looking uglier and uglier for Capitalism as we know it.

Central Bankers are your Masters!!!

Social Security: Bankrupt System Will Impact Markets Sooner than Expected

Captalist Hero is on the mark but where the country is heading most with assets or savings could be wiped out with a stroke of a pen. If there were no institutionalized programs for people, The US would resemble a thrid world nation. Very comfortable people with some merchant classes and poverty levels like India and Bangladesh have seen. Over there in our World there are people who live in Garbage Dumps forriging for food and recyclable items. Remove these programs and we sink back into the 1600's.

Most Assets of Americans are not that significant. Inflation can wipe all your efforts out in a matter of months! Stimulis Money as I see it has a ruinous effect on savings and assets around the corner.

Capitalism has failed miserably.

Rupert Murdoch Interview: 'Economy Weak; Danger of Inflation Great'

Free Market Systems are what is under attack here. Globalism can not ensue with the US under a free market system. If you want a free market system you have to attack Central Banking.

Two Charged with Ponzi Scheme in California

This confirms the phrase "Capitalist Pig"

Two Charged with Ponzi Scheme in California

The morals of people are sickening. From Their Church??? I would sentence them to 20 years of assisting homeless people for 8 hours a day, only to return to prison at night. Then 10 years in Prison. And review their motivation to live. If they found their Humility, Which their church failed to do, then return to society to serve. If no humility found then BACK to PRISON. Service is what any job/product/corporatio... is for. Capitalism is a vehicle to create things to assist/serve as we live in this life as matter. I am disgusted.

Dollar Shines in a Depression, While China Buys Metals

Quite a posting! Thanks for the perspective. I am wondering when Gold will collapse. What will it take for gold prices to start falling. I am expecting at least a 60% decline. Markets always create bag holders. It just can not go up forever.

It's Not a Credit Crunch, It's a Deflation

Cocaine? Does someone have a problem?

It's Not a Credit Crunch, It's a Deflation

I want to comment. We did not hire the Federal Reserve in 1913. European Central Bankers Hi-jacked America's banking and ability to create it's own money. Vreeland and Aldrich both sneakily stuck around capitol hill while the rest of congress went home for Christmas and voted in the Act. It was never ratified and is unconstitutional. Central Bankers had been after Americas wealth since the colonies. They won and America lost. I want the Federal Reserve Act repealed!

Tell Congress 'No' on the Trader Tax

The 1907 panic was manufactured to make a case for a central bank.


On Feb 27 04:35 PM nukldrager wrote:

> Periphanto got it right. Axe the Fed.
>
> from wikipedia;
>
> "The Panic of 1907, also known as the 1907 Bankers' Panic, was a
> financial crisis that occurred in the United States when the New
> York Stock Exchange fell close to 50 percent from its peak the previous
> year. Panic occurred during a time of economic recession, when there
> were numerous runs on banks and trust companies. The 1907 panic eventually
> spread throughout the nation when many state and local banks and
> businesses entered into bankruptcy. Primary causes of the run include
> a retraction of market liquidity by a number of New York City banks,
> loss of confidence among depositors, and the absence of a statutory
> lender of last resort.
> The crisis occurred after the failure of an attempt in October 1907
> to corner the market on stock of the United Copper Company. When
> this bid failed, banks that had lent money to the cornering scheme
> suffered runs that later spread to affiliated banks and trusts, leading
> a week later to the downfall of the Knickerbocker Trust Company—New
> York City's third-largest trust. The collapse of the Knickerbocker
> spread fear throughout the city's trusts as regional banks withdrew
> reserves from New York City banks. Panic extended across the nation
> as vast numbers of people withdrew deposits from their regional banks.
>
> The panic may have deepened if not for the intervention of financier
> J. P. Morgan, who pledged large sums of his own money, and convinced
> other New York bankers to do the same, to shore up the banking system.
> At the time, the United States did not have a central bank to inject
> liquidity back into the market. By November the financial contagion
> had largely ended, yet a further crisis emerged when a large brokerage
> firm borrowed heavily using the stock of Tennessee Coal, Iron and
> Railroad Company (TC&I) as collateral. Collapse of TC&I's
> stock price was averted by an emergency takeover approved by anti-monopolist
> president Theodore Roosevelt. The following year, Senator Nelson
> W. Aldrich established and chaired a commission to investigate the
> crisis and propose future solutions, leading to the creation of the
> Federal Reserve System."
>
> Nothing changes with the changes...

Tell Congress 'No' on the Trader Tax

You clearly do not understand the federal reserve act. The Money Masters Video will help you in your lack.


On Feb 27 02:41 PM jackooo wrote:

> Periphanto
>
> You are the reason the taxes are high all over the USA. Your logic
> defies description. If you feel that way then you can pay the amount
> the government wants from me when I trade. Is there anyone else that
> wants Periphanto to pay there trading tax??

Tell Congress 'No' on the Trader Tax

I will not sign a petition. I support the tax temporarily. Capitalism has enjoyed less tax for some time now and it was the prescription by the last administration. Under that approach should we not be prosperous today? If you want to solve the Tax Riddle Remove the Federal Reserve Act of 1913. Take away the monopoly the Federal Reserve has in printing our Money and give it back to the People. Creating money interest free will send the economy soaring they will need to cool it down due inability to produce enough energy under current energy sources. There is where you sould be petitioning for a return of wealth to the American Public. This is a small tax portion relative to the real tax theft.

I will not write congress in support of your efforts. I have written many members of congress over the Federal Reserve Act and I will continue to pursue the source or root cause over our debt based economy. Until this is corrected we will have dangerous contractions again and again. You are petitioning about a symptom of the real problem.

Why Does Obama Think Stimulus Can Shock Economy Back to Life?

It seems that these are efforts towards globalism. the 80's was a time of union busting tearing away at a middle class. 90's efforts were thwarted due a tech boon to the economy, 00's were more of tearing away at middle class. I always said the back of the middle class must be broken before gloablism can move forward. Now, it is the efforts of destroying much of the wealthy. UBS secret accounts are one front there. It is my opinion that each administration gets in and is briefed to what they are allowed to do and then there is the agenda of Central Bankers from Europe to ensure a western dominance globally. Bush set in many of the moves towards globalism on the middle now the Saviour??? Obama will effect change but nothing like any one could have imagined. Bush and Obama are puppets to Central Bankers as I see it. If Republicans want lower taxes to promote growth I say Go all the way and remove the Federal Reserve Act entirely. Remove the Federal Reserve and put Banking or the Creation of Money into the hands of the Public where it belongs. European Central Bankers have hijacked America's wealth and it took less than 100 years to harness and usurp our awesome ability. Central Bankers have an agenda going back Centuries starting the the Semionle Pig Rothschild himself. They are sinister, evil, and responsible for most if not all War on the Western Planet!


On Feb 23 03:20 PM jksisco wrote:

> The 1.5 multiplier must have a balancing equation to be correct,
> in other words, taxes must rise in correlation to money spent by
> the Government by an equal amount, hence Obama's tax the rich, feed
> the poor, till they're rich no more philosophy.

Why Does Obama Think Stimulus Can Shock Economy Back to Life?

Did Obama say the stimulus is to "shock" the market to life? I thought it was to get people employed since our unregulated capitalist model has failed. Sure it may be like a common CEO going for the short term picture but it may prevent further down cycling of job/home loss. Then all the talent of America can work of long term solutions to self gains while they throw the country under the bus.

Time to Invest in REITs?

REIT's are going to start to show trouble. In California, recently many of the names mentioned and more are going from 96% occupancy to now in upper 80's. Many people are losing their jobs and simply leaving California. In attempts to bring up occupancy levels rents are dropping to attract the few in the market. There is a storm being waged as we speak and the numbers will start to show soon. Many people are living with family again. The days of rising rents are over as I see it. REIT's carefully selected may be a great time to Short!

Auto Sales Continue to Slide Downhill

Please stop shopping at Wal Mart. I have not bought anything there since 1991 or 1992. They are a huge problem on many levels!


On Feb 08 12:02 PM 303820 wrote:

> #s'man...I'm using wal mart's wages as an example...since every one
> out there pays in the $9/hr range...lowe's, home depot, kmart and
> the non union industrial small shops...and yes i shop wal mart and
> buy MADE IN USA when available...but unfortunately corporate America
> has made MADE IN USA an all most impossible task!