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  • GOLD at 1666 and 62 cents.

  • The Gingrich team can not locate all the contracts Newt had with that Freddie Mac - just evaporated.

  • Romney - makes around 20 million a year. Makes not right word - gets it from dividends and all that.

  • Joe Paterno - football coach -- dead at 85..

  • Gold at 1660 and 69 cents.

  • That Italian ship - owned by Carnival -- i think these cruise ships are a bit "top heavy" cabins, swim pools, casinos, running tracks, beauty parlors, restaurants, cabins etc. on top of the hull -

  • Revealed -- Mitt Romney only pays 15% in taxes -- his worth something like 400 million. .

  • Well -- it seems Carnival Cruises owns that Italian ship that partially overturned.

  • Italian Captain of cruise ship - will not go down with ship - flees in small boat. 5 dead - number missing -- ship tips over - Titanic movie to be released shortly in 3D.

  • Bail Out needed for Cook County Morgue in Chicago - bodies piling up in cold storage - overwhelming odor Morgue short of funds.

  • In China -- Apple closes stores because of excessive demand for new i phones - mobs wanting to buy - Apple said not safe for staff -- scalpers hired migrant workers to wait over night in cold weather - some started throwing eggs at stores. Phones can still be bought on internet.

  • Silver at $29 and 21 cents.

  • I predicted Romney a year ago - but of course he will not win.

  • No change in Dow today.

  • Gold at $1616 and 28 cents.

  • Silver at $28.75 an oz.

  • Fella suing Mountain Dew - claims a mouse in his drink -- Mountain Dew says a mouse would turn to "goo" - that he has not a case. Well we know the chemicals in the drinks - i was thinking about all the sucrose - and how harmful that may be in large quantities.

  • Silver at $29.31 an oz.

  • Recovery continues - Dow closes up 21 for the day.

  • police shoot and kill middle school student at school - thought he had a real gun - but was a pellet pistol - this in Texas.

  • someone running a housing agency in California - pubic outfit - salary was $450,000 a year and 10 weeks vacation -- but recovery continues - keep voting.

  • Caught the DVD of film Da Vinci Code - they do not make films much worse than this --and Hanks looked like hell - his acting worse than bad - and he seemed to be suffering - obviously realizing what a horror film he was in.

  • gold at 1592

  • Person of interest in the arson fires in Los Angeles is from Germany - they wanted to get that out fast so no one thinks - from middle east.

  • Arson fires to autos and carports continues in Los Angeles -- possible suspect being held .

  • Number of drinking establishments falls by 282 in 2010 -- year previous fell by more than 600. For nation as a whole.

  • Automobile arsonist loose in Las Angeles - about 35 cars set on fire - and some flames went to housing buildings - i suspect more than one involved - and also suspect gang members.

  • In ten largest US cities -- blacks are 87^ of the victims -

  • SILVER at $26 and 65 cents.

  • 6,865 and 8,843 -- on that video i have previously mentioned - seems You Tube can not decide what figure to give it? Pages give different counts -- we should flip a coin.

  • Iran threatening oil flow thru Straits of Hormuz in retaliation for sanctions - i see somet action coming up with regard to Iran - and shortly.

  • SILVER at $26 and 79 cents.

  • DOW drops just about 140 for the day.

  • GOLD at 1556 and 44 cents.

  • Mini riot at Mall of America - that giant mall in MN. rapper fans thinking rapper stars were in the place.

  • So the Syrian dictator is allowing the Arab League into the country for a month to monitor the situation - and he has pulled his troops back. Seems Arab League was going to ask UN to intervene in country unless they were allowed in. But after one month - assad will probably go back to his old tactics.

  • Dow up 12 - get e mail from left side of Establishment party saying tea party radicals want to raise taxes - is the left side an anti tax group?

  • DOW down one.

  • So AOL buys this Huffington Post for big bucks - and it is essentially  a gossip rag.

  • China and Japan to use own currencies in 2 way trading.

  • Partial shut down of London subway - unhappy union workers - day after

    christmas in London a big shopping day.

  • Now i have jumped to 7,900 hits on that video previously mentioned -from 6,700 - but i have no faith at all in the numbers - - see what the panda decides tomorrow.

  • Air Jordan Nike shoes $180 -- seems buyers for them are wild - police have to use pepper spray to control.

  • This You Tube update - i have been checking 3 videos - last 3 days - count remains same - that is generally ok - since i do not have an ad on 2 of them - and certainly not getting those big checks or any checks - anyhow is kind of funny - i seem to have permanently dropped about 600 views on one - was up to 7,400 - but now locked in to around 6,700 - this must have to do with that cute Chinese animal that likes bamboo.- chewing my hits away.

  • China pays 3.5 billion for 25 % of Portugal power producer - they want hard assets - not debt certificates. 

  • Well - i watched one of the gloom and doom people here on YT - few minutes ago - Ron Paul supporter - but he admitted it is too late to turn the situation around - even with Ron Paul. true - how can you possibly turn around a consumer welrare debt entitlement society - owing trillions. I leave them when they go into JC coming to fix all that is wrong.

  • Leave Justin Bieber Alone --- just kidding.

  • Concerning Ron Paul - even if he was to get elected - he would have no cooperation - both Republican and Democrat would block new legislation  - and the courts would declare most everything unconstitutional if it was to pass.

  • Dow closes up 124 for day - bonuses and all for good job brokers etc. have done -- as i said many months ago - this would be a good year for Wall St. crowd -- now my crystal ball for coming year - bit cloudy - i see problems arising - believe Dow will be lower end of coming year than at present. - but that may be least of concerns.

  • Film star - Matt Damon - faulting O for not producing "change" don't these people realize that the elected can not make major changes - they were not put on ticket for that - same with Romney.

  • Payroll tax bill passes along woth the never ending Unemployment Insurance - extended again - as readers know i predicted many months ago. It is time to cut the benefits back for those collecting 2 years - and arrange something for those who have never been able to get the first job.

  • I have to join the others - i liked the old You Tube.

  • Amish girl in her buggy killed by fool cleaning his rifle - gun culture America - this kind of thing can happen to anyone in this crazy place.

  • DOW UP 61 for the day.

  • Univ. Pittsburgh Medical Center CEO - over 3 million a year - but those running hospitals - virtually all seem to have huge salaries - what caused this - Medicare payments?

  • DOW closes up around 330 -- supposedly based on Spanish able to sell debt - and an increase in new house construction in US.

  • DOW closes down 100 on Monday.

  • Lots of complaints about changes You Tube has done - i suspect many complaining are unhappy because "hits" have been affected and consequently those Google checks - since i make no money i am not affected - but changes do seem confusing - to say the least.

  • Dow down 37

  • North Korea leader dead at age 69.

  • Facebook may sue Mark Zuckerberg - that is the Israeli fella who legally changed his name to same as Facebook founder. I do not know all the details.

  • Gun Culture - in suburb of Los Angeles - gunman kills 2 then himself in office building - also read that in Las Vegas - 10 year old finds gun in toy box - thought it was toy gun - kills play mate.- you can not count how much of all this goes on each week.

  • So we have the registered lobbyist and an insider of Washington workings who got around 1.6 million dollars from Freddy Mac for only giving advice not lobbying he said - and other fella who made a few hundred million on Wall St. Nothing will change you see.

  • DOW up 77

  • Dow up 56 -- former premier of France Chirac found guilty - using funds wrongly - no prison time -

  • Dow closes down 131 for the day.

  • Dow down 95 --

  • Dow drops 66 for the day -- people excited about next year election - there will be no meaningful change - is a one party system - with 2 sides to coin.

  • Here is one for you --- AXA Insurance Company , French - 9th largest company in world based on revenue. Who would have guessed - well bankers and insurance companies -

  • DemRep party - to vote tomorrow on extending unemployment insurance benefits - again - i guess in another year will be renewed for a 4th year - i see it going on withoud end - but what about those who could not get that initial job to qualify them for this golden ring - no big weekly unemployment checks for them.

  • Michael Savage talk show host offers Gingrich one million dollars to get out of the race - said he can not win. He will not take it of course - he made a million and a half just to make some phone calls for Freddy and Fanny Mac -- ten milliom might do it though. Savage believes only Romney can win the election.

  • Dow closes down 223 for the day -- all about Moody's plan to downgrade - think it is nations credit standing -- Iran saying want to sue US for drone plane "invasion."

  • Former coach Paterno taken to hospital for a fall - released- -- i expect all this medical news on Paterno - means - that he is too ill to testify if something comes up requiring his testimony.

  • Survey taken - most Americans can not name Republican candidates running for president - there you have it - I said O would win - not that i am supporting him - i am not supporting anyone - just stating the facts here - talk show hosts building these guys up for higher ratings.

  • Gun Culture --- two dead by gunman at Virginia Tech - still on loose.

  • sightseeing helicopter crashes near Las Vegas, Nevada - 5 dead.

  • Soros - repeating his statement - "brink of collapse" -- well he knows what is going on if anyone does - so let us see.

  • Dow down 72 pts.

  • Police in Russia crack down on anti Putin crowds. China tells Navy - be prepared for combat.

  • Donald Trump saying he may run - Afghanistan president says his country needs more money, Germans agree to give more money to Jews interred or in hiding during WW2 - negotiator says it is not about money.

  • Pelosi says she has 1,000 pages on Gingrich when House ran a thorough investigation - she said will release when time is right - Gingrich says releasing any of it is a violation of Ehouse ethics.

  • Flash -- CAIN puts campaign on hold.

  • Coca Cola dropping the white Coke Polar bear cans -- i thought they lookrd good - was only for holidays - lots of complaints by some customers - and some said the drink tasted different.

  • No change in Dow today. Unlimited dollars to ECB - means dollar really tied to Euro.

  • Cain says quitting is an option - i figure he will quit - and soon. Faithful readers will recall that months ago i predicted Romney would get nomination - and lose election - still sticking to that.

  • Dow closes down 25 for the day.

  • DOW closes up 490 for the day -- has to do woth Fed printing that paper - giving it to Europeans - all the western banks work closely together with the central banks - you could call it Banks Rule.

  • Police raid Occupy LA - hundreds arrested.

  • Wall St. ecstatic - DOW UP 420 -- Federal Reserve it seems working with European banks on debt swaps or what not - readers will know i had been expecting Feds to move big in coordination with other central banks - but i truly do not know about the intricacies of this deal.

  • Stein says Italy and Greece have to leave Euro - to be able to compete on world markets.

  • Iranians raid British Embassy in Iran.

  • GREECE gets another 8 billion in Euros as a bail out - without it no money by Christmas to pay those state workers.

  • Michael Jackson doctor gets 4 years - probably serve 2 with good behavior i would think - i expect he will write a book of his experiences - do quite well financially.

  • American Airlines files for bankruptcy.

  • Dow closes up 290 for the day -- big bonuses coming -- this is Alice in Neverland - reason given - same line - European hope on bail outs - well that would be US giving more of course - other reason for Dow - strength of that Black Friday - all buying the Chinese exports with food stamp credit card money, disability check cash, welfare etc. - this does not signify a strong economy.  Really the opposite.

  • 24 Pakistani soldiers killed by accident in US air strike - Pakistani saying while attack on they asked for it to stop - US investigating incident.

  • DOW up 296 -- of course this Dow has no connection with reality -

  • Flash -- Dow up big - around 278 -- reason given good black Friday sales -- i see that as good for China - anyhow now talk the IMF will help bail out Italy and Greece - IMF is partially funded by Britain and US - so expect US savers to take another hit.

  • Christian Bale says he has done his last BATMAN - we only report the most important news here.

  • Syracuse University fires a long time coach -- child charges

  • Wednesday drop in stock market 236

  • Coach Pqterno - - former coach - eligible for $500,000 year pension.

  • Dow down about 5

  • Dow down 23

  • Dow drops 248 on Monday.

  • UC Davis - lefty institution - sprays students. Simple - these students are a threat to the salaries, perks etc.

  • My take on UC Davis and spraying of students - the university is leftist - salaries are large because taxpayers pay for the tuition loans - the loans will not be repaid by students - ok as long as administrators and professors do well today. These students threat to the order - these campus police do not want their pay and employment compromised either.

  • Egyptian cabinet resigns -- rioting continues in Tahir Square -- army plays tough - any reform was supposed to be enacted in 2013 or later - protestera want change now - i do not think army will give in - i wonder if Mubarak is giving advice to army.

  • Protest riots in Cairo -- demonstrators want military to transfer power - about 10 killed - military saying power transfer in 2013 - maybe. Did the protesters a year ago actually think military would give up power?

  • New York Times reporting that youth charity of accused assistant coach will shut down -------- the longtime head coach now says he is under treatment for lung cancer -obviously not available for any questions about the Penn State situation.

  • Saif -- Gadaffi son - captured -- campus cop sprays protesters with Mace -- at Berkeley

  • Early morning police raid on park near Wall St. by police - all tents, books disposed of - word is they can return without possessions.

  • Dow closes down for day - around 80. Big 10 remove coachs name from trophy - his former assistant admits to showers - said just fooling around - the long time coach just has to pray that Allred and the other lawyers do not get him in courtroom accusing him of not following thru with info he had. My guess is university wants to make cash settlements right away - and have this disappear. I do not think lawyers will deal.

  • Syria suspended from Arab League - for all the govt. killings of protesters -- Italian PM resigns.

  • Flash -- i imagine that college coach will be charged for something or other in that abuse situation even minor charge for not personally taking action - he is a hero in the college community - put place on map and brought in big bucks - but child welfare groups will not let him slide away completelt unscathed.

  • Bank of America charging fees for handling the automatic deposit of those receiving unemployment benefits - client in South Carolina - guess one of many - collects about $260 week - for almost 3 years.  This UI has become the "new welfare."

  • Well market up based on prospective deals in Italy and Greece - then you hear one of the deals - Italians thinking of raising retirement age from 65 to 67 -- in 12 years. This is the kind of thing they use to drive up markets. Is just not realistic.

  • Dow closes up for the day around 250 - reason given positive news on Europe debt problems. I figure the plunge team is pushing it up.

  • DOW UP 258 - based on "hope" for European deal - i guess that means UCB printing hundreds of billions in Euros and throwing it around. Looking very good for Romney - he does look presidential - in the power suit - handles speaking well -- but of course he will not win - i could see him being appointed as Sec. of State by O - they could call it bi partisan - naturally there is only one party in fact. - so appointing him would be no problem.

  • Flash .. Reported Paterno hiring criminal defense lawyers.

  • It is 11/11/11 - returns in 100 years.

  • Gold at 1766 and 24 cents across Asia morning of Nov. 11

  • Italy wants to form a unity govt. - whatever that is - they better cut back on welfare society. Police warning students they will not put up with rioting for Penn football game - i think a prompting of this is the army of people very angry over the accused acts - and saying football is not that big a deal - and very angry with the student rioters. I should add here if they had Roman Gladiator contests - football would disappear overnight.

  • Flash -- President of Penn State fired.

  • Flash --- JOE PATERNO FIRED.

  • DOW DROPS 397 for the day - has to do with the welfare countries trying to finance the welfare system - and save bank investments etc. seems now Chinese will not contribute big funds. Sarkozy welcomes O to Europe meeting saying France loves him.

  • Dow closes UP 101 for the day -- recovery just keeps on going and giving - the bonuses will be huge

  • Dow closes up 85 for the day -- this will be another profit year for Wall St. crowd - big bonuses and all. I do not see much happening with protest street movement - basically they are powerless - if get out of hand the system will put them down.

  • Bloomberg Biz reporting that Iranians are saving dollars as a hedge against rapid inflation in Iran. Mish reporting that G20 ministers were discussing having Germany put up its gold as a bail out fund for the welfare countries in Europe.

  • Well - as Wall St. prepares to open for the week - loads of positive forecasting by money groups - Bloomberg Biz news saying that US/ China axis can keep world economy going even with European problems - and then other groups yalking of growth in Japan economy.

  • Well - Longshore union - steps in to *assist* the Occupy people - talk of co opting a movement - this high paid and yet very far left union has it would seem joined the Occupy movement - but of course they are after juicy wage contracts.

  • MF Global - bankrupt.

  • HARLEM, NYC==two 12 year olds -- throw shopping cart over side from 4th floor -- hits woman below - she fighting for life --lesson is - stay away from these neighborhoods if you can - and if there - keep looking above you. These 2 will cost taxpayers more money with the public defender defending them = they will probably serve 2-3 years only.

  • Dow closes up 178 for the day after large drop yesterday - Bernanke came out today with statements to prop it all up.

  • Cain defending himself against sex allegations - seems one woman given a years salary - then left company -- meeting of G 20 -- Europeans asking for 150 billion or so as bailout help - guess they figure Chinese are bailing out US - and want their turn

  • Whirlpool cuttting 5,000 jobs  - Italy it seems selling lot of bond debt.

  • Dow up less than 1 pt.

  • Greenville, South Carolina -- gunman on loose - fired at police - about 10 schools in area locked down.

  • Dow down 6

  • Hillary wins against all Republican candidates in Times poll.

  • Sarkozy saying Greece was not ready for Euro when they joined.

  • "would you rather they placed it with the US." Sarkozy talking of China investment in Euro -- actually not that much - seems 200 or 300 million. No final deal yet.

  • Shoot out at Starbucks - 2 reported dead - Santa Cruz, Ca. - motorcycle groups.

  • Ambrose Pritchard says Merkel bank and Greece bail out will not work, has never worked.

  • Hewlett Packard now saying they will keep the hardware division.

  • Floods worsen in Thailand.

  • Well - i guess the occupy movements have become infiltrated by others with whatever agenda - they say that when a movement starts getting various disparate groups - that is end of movement - one fella there retired schoolteacher - pension of around $7400 a month - if figure is correct. These teacher pensions are generous.

  • Would you believe - DOW up 420 -- and the supposed Euro agreement is not locked in steel - is something they want to put up at coming G 20 meeting.

  • "there is no comprehensive deal" - says a financial European group - seems there is more to work out - i expect the announcement of done deal was primarily for markets - more to work out-- we will find out what Soros says about it all.

  • DOW up 249 -- must be the Greek and bank program.

  • This Gingrich fella complaining again about "class warfare" - he was questioned about his wife shopping in an expensive jewelry store - the talk show hosts also like to jump on this class warfare argument. With Gingrich - i think he is in this campaign for the publicity - sale of his just released book and also raise his fees for speaking engagements - he is certainly aware he will not get nomination.

  • Well - now we see attempts to defuse student protests - the cut in payments for student to be offered - i mentioned couple of weeks ago to expect this - of course the real cure is to cut way down on college tuition costs - reduce salaries big time for college presidents etc. -- but do not expect this to be done.

  • Celente went to that park where the Occupy Wall St. is - talk his camera - seemed very orderly - and clean - was cleaner than i expected - then i was thinking of that Irish talk radio host - that works for an unnamed radio station near the park - and he with false complaints of how smelly, dirty people - doing business on police cars and all - and of course sex and drugs - when you have large crowd you will have some of that - but seem to be small minority - but things can change.

  • California paid $900 million in overtime last year.

  • Prison doctor retires in California - gets $590,000 for unused vacation time.

  • California public workers got something like 1.7 billion in overtime.

  • Bank Of America at $6.59 a share.

  • It would seem that Chinese are willing to bail out Europe to a degree - so that they can continue to buy Chinese products. I guess that makes sense.

  • Protesters in Oakland planning huge demonstration to shut down city - next Wednesday. They have returned to park tonight - must be calm - i found no breaking news.

  • Oakland mayor says she did not know about police raid - says she did not know about it .

  • Private investors in Greece taking 50% haircut - guess it was that or 90%.

  • Oakland police chief says they do not use rubber bullets -- one protester was hit with tear gas cannister - in hospital.

  • Inspectors checking closely - used cars from Japan - seems that in Japan - some used cars are from the nuclear plant area - and are radioactive.

  • Cnn / Times poll - shows lead for Romney in 1st four states that will vote in primaries - readers will recall that i mentioned months ago he would get nomination - but not win election.

  • Germany to close 100 military bases.

  • Silver ar $33 and 49 cents - across Asia - Thursday

  • GOLD at 1724 across Asia - Thursday

  • We must assume that city authorities in Oakland - received higher authorization - in removing demonstrators.

  • Battle of Oakland - round 3 or is it 4 - students say will return - city says will clear them out again.

  • Amazon profit down 73%.

  • President of European Union says deal near "but more time needed." Get that - delay - and keep market up. Waiting for China assistance i guess.

  • DOW closes up about 133 -- based on German gal taking her orders from banks to save Euro. Word is that the Euro folk are also asking China for help.

  • DOW closes up about 133 -- based on German gal taking her orders from banks to save Euro. Word from Bloomberg is that the Euro folk are also asking China for help.

  • Dow up 98 - is Merkel coming thru - Germans have image problem - if not pitch in on Greece - will they be welcomed as tourists - they love to go there on vacation.

  • Bloomberg reporting sales of new US homes hit 5 month high.

  • FORD announces 1.65 billion profit.

  • DOW up 19

  • The way i see it - the police raids on Occupy groups in Oakland and Atlanta - are test runs to see how they can shut it all down nation wide. Oakland is important because next to UC Berkeley - and that was a big protest spot over Vietnam decades ago.

  • DOW up 10

  • Another police raid on Occupy Oakland -- 100 arrested -- police use lots of tear gas -- say protesters were throwing paint and bottles at them. All this in Oakland which had left of center Brown as mayor - i bet he is glad not mayor now - tarnish his reputation.

  • O working on student loan modifications - this should assist in cooling off student protests - didn t ' i mention some time back that we would see this - of course we can forget students paying off these large loans - even if they had a good paying job. University fees simply should be much lower.

  • DOW up 80