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FASCISM: Tax System Of, By, & For Mega Corporations Against Small Business And People
Overcoming the coming mega-crisis
"Gold is preparing for new highs? More hot radical errors say yes.
Wednesday may have been a very important day in gold. Gold broke earlier in the day, but then the metal invested more higher than Tuesday's closing high. For technicians, this amounts to a foreign investment.
The Wednesday close to the gold to the level June 30 and some $ 73 higher than the July 27th low.
At that time, almost merry band only what I have to call the "errors Radical gold gathered around the flag bill LeMetropole Murphy Cafe.
He said Murphy says: "While the physical market is up, it's just a matter of time before the gold and silver back and make new highs. "
Murphy's prediction seems be happening. "
"Gold is prepared?
Peter Brimelow MarketWatch.com, 8/19/10
"Sale handling the daily London gold PM Fix was unable to suppress the gold price since April 2009, when China announced it had secretly built up a largest gold reserves in the last five years, GATA council member Adrian Douglas today released a statistical study. Since then, Douglas is, each dumping more and more gold in London by central banks and banking agents gold has been having less effect on the price of gold. Concludes that the second "London Gold Pool "- a secret, unlike the first – a collapse is imminent identical to the fall of the first measure of physical gold demand exceeds the capacity or market's desire to provide metal installers needed. Douglas study entitled "Failure of the Second London Gold Pool" and you can find on the site Internet GATA are here:
http://www.gata.org/files/DouglasFailureOfSecondLondonGoldPool-08-18-2010.doc "
"Adrian Douglas: The impending failure of the second pool London Gold
Posted by cpowell, GATA, 8/18/10
"The Fed should and it is likely that the change in tone for the fall and the fire of the press "
"Time to print,"
Jonathan R. Laing, Barrons, 07/08/1910
"Yes, going to get worse, much worse … Bill Gross says this is the" new normal. Forget returns 10%. Think of a 5% ". … The economist Larry Kotlikoff, author of the coming storm of generations, warns:" Be realistic The U.S. is bankrupt or expense .. help the country tax or pay bills "… The economist Peter Morici says:" Unemployment is stuck near 10%. Deflation next. Stock collapse threat. The Federal Reserve and Barack Obama are out of bullets. . Close to zero federal funds rate, the central bank purchases a deficit of $ 1,600,000,000,000 have failed to revive the economy "… Simon Johnson, co-author of 13 bankers, says:" We came close to another Great Depression the next time we might not be so lucky. "Why? Due to Wall Street well into the next bubble / bust cycle -". Cycle fate " the "
"Attention, Bear Market, 2010: 11 'sell'. Only 6 'purchase'
New normalcy: the nation into bankruptcy. Deflation. Zeros. Junk. No work. Depression
Paul B. Farrell, MarketWatch, 8/17/10
"Development of contractions in the third quarter in housing and real (inflation adjusted) retail sales, liquidations likely inventory in the third quarter, probably continued deterioration in the trade deficit, and slowing, though still positive, the proposed growth for industrial production in the third quarter have begun to suggest a renewed quarterly contraction in GDP for the current quarter. As the government plays the numbers, as is promoted as a double-dip recession. As the shadow of Statistics Government is in its alternative economic indicators, the fact that depression is a step back, as marked by a decline in December 2009 an annual real growth estimate of SGS-Ongoing M3. "
"Signs of continuing to build for the fourth quarter of GDP contraction session
Comment number 317, July housing starts, production and PPI "
John Williams' Shadow Government Statistics, 8/17/10
A momentous event in the World Economy and Finance was made only few days, but unfortunately, while many investors realized, many do not fully appreciate its importance.
That event was the public announcement by private for-profit) of the Fed (which could get economic benefits (through quantitative easing) of debt. (There is also evidence significant that the Federal Reserve has engaged in secret for many months QE. See our recent article: "Benefits of the threat QE" (08/12/1910) in the 'Articles by Deepcaster "Cache Deepcaster web page.)
In its simplest terms, means the creation of more Fed monetization of dollars Fiat nowhere to buy the debt.
But printing more money, inevitably (but not necessarily immediately) reduces the purchasing power of U.S. dollars. This means that inflation and, probably, eventually hyperinflation, are inevitable.
Therefore, the intermediate and long-term negative consequences of the present and future QE are profound.
But there are actions you can take to benefit and protection.
We therefore designed the following negative consequences and the challenges and constructive guidelines:
- Federal Reserve (Central Bank and others) monetization is very detrimental to savers and retirees and foresight protectors and retirees.
As you move the monetization the purchasing power of money (and other currencies Fiat) drops. What would have been enough for retirement and a decent standard of living is no longer enough. The value (measured in terms of purchasing power) of the decline in savings.
- Insert the "saved" equity funds is not the solution either.
Stocks in general have had ZERO recognition in the last decade and, in fact, 30% (see below) will decrease if the actual inflation is considered, actions are now in a bull market, but rather in a bear market. It is very likely that the Bear market equities will continue and worsen for many reasons, including the quotes above reflect this.
- And the bonuses are not the solution either, with the record low yields and / or debt sovereign default threats.
- The six months of U.S. Trade deficit increased by 35% compared with a year ago, so it is still being the world's largest economy. In fact, neither the U.S. or the euro area, are really the recovery. And while some emerging markets are marginally recovery their fortunes are linked to their main customers, the U.S. and the Eurozone.
- Corporations have $ 1.8 billion in cash, but this is offset by $ 7.2 billion in the corporate sector (non-financial) Bank debt.
- Although the private for-profit (ie owned by mega-bank shareholders) of the Fed has reduced rates for banks to almost zero, banks are doing very little lending to small and medium enterprises companies – the engines of engagement.
And U.S. State, regional and local banks are allowed not to an alarming rate – more than 200 have already failed in 2010. Main Street, including the U.S. Middle class has been enhanced recently to bailouts and stimuli.
Since the mega-banks were saved in the 2008 to 2009 with U.S. taxpayer funds that are being given a permanent boost to your balances and profits by receiving virtually no capital cost of the Fed, which must be loans.
Solutions: In progress, and any additional assistance, Federal Reserve Treasury / United States should be conditioned a "Cram-through" mandatory, such as capital to be provided 95% of it out. "" As you take our virtually "free" If the majority of voters to dump the incumbents in the November elections, the main street and including the middle class can have a chance of economic salvation.
- The reality is that the private sector in the U.S. and the euro area is deleveraging.
This debt settlement reduces aggregate demand, unleashing business to reduce costs and the present (for some) and prospective (to many) The business earnings reductions.
These realities / business prospects discourage hiring, and encourage the dismissals, which increases unemployment.
Increasing Unemployment in reduced demand, resulting in further business contractions. Thus, the negative economic cycle is exacerbated, which feeds on itself.
Opportunities:
In addition, two important realities create opportunities resulting negative.Negative Fact # 1: For all these reasons (and others) the International Economy at best remain stagnant for many months. The most likely shrink further depression more widely recognized.
The negative reality # 2: Major UN and central banks will continue, and increasingly are flooding their economies with Fiat money. The QE will reduce the value (purchasing power) of the U.S. dollar, Euro and other major currencies Fiat.
Therefore, actual inflation (8.57% Already! in the U.S. by Shadowstats.com) will increase to much higher levels.
Result: Hyperinflation
Opportunities:
Deepcaster has long been, and remains, an advocate of gold and silver, metals Monetary Finally, are our # 1 and # 2 picks as the best strength of the assets for the benefit and protection.
In fact, it has two open Deepcaster 'Buy' Recommendations on a particular form of these metals. And as regular readers know, Deepcaster has remained open for weeks "Buy" despite Positions current and future gold and silver suppression efforts for the price * of the Fed-led Cartel of Central Banks.
* We encourage those who doubt the scope and power of overt and covert interventions by a Fed-led Cartel of Key Central Banks and Financial Institutions favored reading, Special Alert Deepcaster December 2009 containing an overview of the speech entitled "Forecasts and December 2009 Special Alert: Taking Advantage of darkness The Cartel of interventions – III "and Deepcaster July 2010 Letter entitled" Profiting from a weakening Poster; Buy Reco; Forecasts: gold, silver, stocks, crude oil, U.S. and U.S. Dollar T-Notes and T-Bonds "in" Alerts Cache and Cache 'last card' on the website of Deepcaster. Also consider the substantial evidence collected gold by AntiTrust Action Committee www.gata.org , including testimony before the CFTC, for information on the handling of precious metals prices. Virtually all the evidence for intervention has been obtained from publicly available records. Deepcaster's profitable recommendations displayed on the website Deepcaster have been facilitated by attention to these "Interventionals." Care provided Deepcaster Interventionals recommending five short positions before the fall of 2008 Market Crash all of which were subsequently liquidated profitably.
Category # 3 is a high performance on the securities that meet certain criteria. If you choose those with high yields (ie above inflation) and appreciation potential (or at least resistant to the depreciation) has the opportunity to gain real benefit Notwithstanding significant ongoing real inflation of consumer prices, the current bear market stocks and the declining economy. Deepcaster has recently recommended five high yielding in response to their criteria, four of which were recently recommended that its performance was 15.6%, 26%, 18.5% and 10.6%. To see these four including the last Deepcaster of High Performance Recommendations, go to Deepcaster website and click on 'High Yield Portfolio' cache.
Recommendations to clarify the context for our albums, we will address the challenge of stagflation to watch the Real Economic statistics. Shadowstats.com calculated the actual numbers for the U.S. how they were calculated in 1980 and 1990, before the systematic distortion of data and operations began in earnest.
Official numbers vs. real numbers (for Shadowstats.com)
U.S. Annual consumer price inflation reported August 13, 2010
1.24% / 8.57% (annualized in July 2010 Rate)
U.S. unemployment reported August 6, 2010
9.5% / 21.7%
Annual U.S. GDP Growth / Decline reported July 30, 2010
3.17% / -1.25%
U.S. M3 reported August 14, 2010 (July, a / a)
No Official Report / – 5.38%
As gold and silver, as noted several months ago, * The cartel Ability of Precious Metals rise in prices has been considerably weakened by recent Revelation catalyzed by GATA, Deepcaster, and others, such as large repositories Gold has little real physical metal that they say.
This has, fortunately, led to greater demand for delivery and possession of physical gold and silver.
Deepcaster considers that the period from August to September as critical to the cartel. To see Deepcaster forecasts as to whether the sign can be reversed the hitherto relentlessly before Gold and Silver, see our latest forecast in "Alerts Cache" on Deepcaster website.
Middle and long term, gold and silver are the best bets in the world will increase dramatically in terms of all fiat currencies.
Board In fact, GATA member Adrian Douglas makes a convincing case that the (Second) London Gold (price increase) the pool is probably not imminent, prompting gold and silver to fresh highs in the Near Term.
In any event, Gold and Silver are the best assets of individual wealth protection and benefit to overcome the coming mega-crisis.
Highly respected The financial columnist, Peter Brimelow says it all:
"Wednesday can get to being a very important day in gold."
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