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Max Keiser and Gerald Celente Deconstruct Financial Fraud

Max Keiser and Gerald Celente criticize the broken financial system and fraudulent behavior on Wall Street. The document discusses signs of continued weakness in the housing market like rising foreclosures and inventory. It also notes the large amount of shadow inventory that could flood the market and keep home prices downward. Finally, it expresses concern over margin growth being unsustainable and predicts a rough couple months in the markets.

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0% found this document useful (0 votes)
111 views

Max Keiser and Gerald Celente Deconstruct Financial Fraud

Max Keiser and Gerald Celente criticize the broken financial system and fraudulent behavior on Wall Street. The document discusses signs of continued weakness in the housing market like rising foreclosures and inventory. It also notes the large amount of shadow inventory that could flood the market and keep home prices downward. Finally, it expresses concern over margin growth being unsustainable and predicts a rough couple months in the markets.

Uploaded by

Albert L. Peia
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Max Keiser And Gerald Celente Deconstruct Financial Fraud Max Keiser at

his best, deconstructing the global ponzi with Gerald Celente, another very
much outspoken critic of the broken financial system.

Record foreclosure sales, increased used home sales … daaaah! …


(mortgage applications down), stocks rallied on the ‘news’ … Are we all
missing the purported good news here that only the frauds on wall street
see?

From The Business Insider, May 24, 2010: Over the weekend, Jeff Collins at the O.C.
Register noted that the "Central Park West" complex in Irvine, California that was
mothballed by Lennar in 2007 is now back on the market. And from Amanda Fung at
Crain's New York: 'Shadow' condos dim sale outlook (ht Nick) A little over two years ago,
SDS Procida suspended plans to market The Dillon, its 83-unit Hell's Kitchen condo, when
residential real estate tanked ... the developer finally put the units on the block three
weeks ago ...“It is still early—you're not seeing a flood of apartments yet—but we may see
it happen during the second half of the year,” says Jonathan Miller, chief executive of
appraisal firm Miller Samuel Inc ... Mr. Miller estimates that there were 6,500 units of
shadow space in Manhattan alone during the first quarter of this year. If those apartments
were unloaded all at once, supply would potentially skyrocket by 70%.The term "shadow
inventory" is used in many different ways. My definition is: housing units that are not
currently listed on the market, but will probably be listed soon. This includes:

• Unlisted new high rise condos as discussed above. Note: these properties are not
included in the new home inventory report.
• Homeowners waiting for a better market. Some of the increase in inventory in April
might have been sellers hoping to take advantage of the tax credit. This includes
the accidental landlords who will try to sell as soon as the market improves and
the current tenant's lease expires.
• REOs, foreclosures in process and some percentage of seriously delinquent loans
(some will cure, some are already listed as short sales). See: Mortgage
Delinquencies by Period
• It is difficult to put a number on the total, but it is in the millions of units and all this
inventory will keep downward pressure on house prices for some time.

THE PATH OF LEAST RESISTANCE IS DOWN by TIMOTHY COLLINS Last Thursday's low
just became important to me. I know we had the "whoosh" on Friday, but it was short-
lived. Also, the close on Thursday was tested before the phantom bull stampede late
Friday afternoon. I was looking for a test of $104.55 on the SPDR S&P 500 ETF last week,
and we came close on Friday, but didn't get it. The way we closed today, it felt like we were
setting up for that test. If that fails, then I will be shorting, looking for a cover around $95.
Transocean really fell off a cliff today. When I mentioned $55 and $50, I wasn't thinking
today or tomorrow, and $55 didn't give the stock much of a pause. If it wasn't clear before
today, it should be now: This is a falling knife…

• Joe Weisenthal, On Monday May 24, 2010, 4:00 pm EDT On Friday, things were
looking mixed until the final moments of the day, and then stocks surged. Today, it
was the reverse. After only being down modestly, stocks really got hit hard in the
final 15 minutes of trading
But first, the scoreboard:
Dow: -126 (-1.24%)
S&P 500: -14 (-1.29%)
NASDAQ: -15.49 (-.7%)
And now to the day's top stories:
Today's markets were characterized by calm selling, which is a departure from last
week's panic selling, but also indicative of a new mindset that when there's no
major news, the default is to sell. And then of course, the markets dove in the final
minutes.

• Financial stocks were hit the hardest, as banking fears grow, and questions about
financial reform linger. Losers included Bank of America (BAC), Goldman Sachs
(GS), and Morgan Stanley (MS) Click here to see the hedge fund managers getting
hammered >

• An issues that's been of concern for some time -- Spanish debt and the health of
its banking system -- is starting to come into the fore. This weekend Spain seized
one bank, and today investors were unnerved by an organized merger of four
weaker institutions. For more on the Spanish banking crisis see here >

• The oil leak in the Gulf continues to spew unabated. Towns in Louisiana are
already seeing a major hit to real estate. See what Grand Isle Louisiana, arguably
ground zero, looks like now >

• One notable winner today was gold which, after selling off last week, rebounded
nicely today.

10 Reasons to Worry About Margin Growth … In my opinion, it is going to be a rough


month or two in the markets until it becomes evident that the sovereign debt contagion
can be contained and organic economic growth can be sustained without continuing
massive government support. A lot has been written about some of the major fear factors
in the market right now including the European debt crisis, the developing property bubble
in China, the commercial real estate debt overhang, the lack of revenue growth, the dismal
state of the housing market, continued unemployment, and the withdrawl of government
stimulus etc…. One of the items I am concerned about right now does not seem to be
getting a lot of play or is being crowded out by the legitimate concerns around these other
major issues. My worry revolves around margins. A lot of the earnings growth in the S&P
this year has been driven by drastically improved margins over last year and not by
revenue growth. I think this margin improvement as well as continued future margin
expansion is already being priced into the market as sustainable.
10 REASONS TO WORRY ABOUT MARGIN GROWTH:

1. Companies responded to the financial crisis by slashing their workforces quickly


and drastically. This resulted in an unprecedented drop in unit costs and
productivity gains. Unit costs dropped by a record 1.7% in 2009 and are a still
strong 1.6% in the first quarter of 2010. Productivity increased over 6% in the first
quarter of 2010. As the economy continues to stabilize and the labor market slowly
improves, neither of these metrics are likely to provide as much of a boost to the
bottom line going forward.
2. Even given the commodity selloff of the last few weeks, raw materials are priced
much higher than they were at the corresponding time last year. This will show up
as higher input costs in many industries in coming quarters.
3. As the government continue to expand its presence at a relentless pace into core
sectors of the economy(health care, student loans, financial services, etc…),
operating costs of responding to new regulations as well as the hit to the margins
of complying to recently passed legislation will be substantial in many industries
4. The dismal state of both state and federal budgets will inevitably lead to tax
increases across the board in the near future that will fall on the corporate sector
along with their consumers. Any movement to a VAT tax will also affect margins.
5. The recent sharp selloff in the euro will negatively impact American Multinational’s
cash flows from Europe as currency effects will result in lower gross revenues.
Sale declines amid slowing economic growth in the eurozone are also likely. From
a margin perspective, American companies will now be facing more aggressive
and nimble competitors in the rest of the world. This will likely lead to falling
margins on other overseas sales as multinationals will have to cut their price
points to compete against the Siemens of the world.
6. Financing rates are probably as low as they are going to for the near future. Any
increase in interest rates as growth takes hold, or back up in corporate yields due
to the developing credit contagion in Europe will not be positive for financing
margins.
7. The historically large inverted yield curve that the Federal Reserve has engineered
to bring the banks back to health will not last forever.
8. The inventory restocking phase is near its end, so the resulting improvement to
operating cash flow and margins from this reduction is unlikely to continue to lead
to the results of the last few quarters.
9. The state of commercial real estate will probably lead to additional write-downs in
the next 12-24 months.
10. The cost to play in China as well as the resource laden countries(Ex, Venezuela) is
unlikely to abate given rising nationalism/protectionism in a good part of the world.

In my opinion, a good portion of these factors will likely impact margins by the end of the
year. I don’t believe this is adequately factored into earnings estimates across the board.
Given this, I believe we have seen the highs for the year and next few quarters will be
extremely volatile. Be careful out there.

Armistead: … ‘A number of writers and commentators have cited Robert Shiller's CAPE or
P/E10 as evidence that stocks are overvalued, relying on very long term average
P/E10 as the basis for that conclusion. In his book, Irrational Exuberance, Shiller
proposed the use of inflation adjusted 10 year average P/Es (P/E10 or CAPE
(Cyclically Adjusted Price Earnings Ratio)) as a basis for calculating the level of the
S&P 500’ ...

Taking Defensive Action When Demand for Equities is Unhealthy Nussbaum: ‘Friday the
S&P 500 closed below its 200 DMA for the second day in a row which is an important
milestone for how we navigate market cycles. A breach of the 200 DMA indicates
that demand for equities is not healthy and when demand is not healthy it makes
sense to consider defensive action. The reason I wait until the end of the second day
is to try to reduce the chance of getting whipsawed, but if we get whipsawed so be
it. The priority is not to be correct down to the last basis point, it is to avoid the full
brunt of down a lot should it happen. The specific trade was to triple up the existing
sub-1% position in SDS that many clients had or to buy a suitably sized position for
any newer clients who did not own any shares. If we flirt around the 200 DMA then I
will be more tactical with the trade this time, coming out completely if market
circumstances dictate. If it had to be unwound and then it went back below very
soon thereafter, I would probably use another broad based double short ETF to
allow taxable accounts to keep the tax loss. As far as a read on the market action, I
tweeted Friday that the fact that emerging market stocks and mining stocks were
down more than the broader market on Thursday and up more on Friday leads me to
believe that the sell off thus far has not been cathartic. It may turn out to be so if it
goes back down further, of course, but not at this point. David Lutz (he is on Erin's
show all the time but I don't recall the firm he works for) said on Thursday that if the
SPX did not take back the 200 DMA on Friday, then the current breach would be
significant. Obviously I'm favorably disposed to the idea as it jibes with the action
we took Friday. I would tell you at this point to not get caught up in which animal
best describes the market or about official corrections (one of the most useless
terms ever). The stuff I write about and implement focuses on signs of unhealthy
demand which is not perfect - but I don't think it has to be. The modern track record
for the few occasions where the market does end up going down a lot is to warn
very early, with the last two important breaches coming in November 2000 and late
2007’.

The Giant Banks, Federal Reserve and Treasury Have All Blackmailed
America If the too big to fails say that the world economy will crash
and there will be martial law unless they are bailed out, politicians –
most of whom don’t understand finance or economics – will believe
them, and sound the alarm themselves. [People may have short
memories but these threats were made]. Cap and Trade: A Gigantic
Scam The same companies that made billions off of derivatives and
other scams and are now getting bailed out on your dime are going to
make billions from carbon trading. Great Depression 2.0. Bet on it
Mike Whitney | Sovereign governments whose debts are paid in its
own currency, are not like you and me.

The frauds on wall street et als should be criminally prosecuted, jailed, and
disgorgement imposed. If that were so, they wouldn’t be worrying about
who wins / loses since those who fraudulently play, invariably pay. If
they’re not prosecuted, everyone loses.

POST MORTEM AND REVIEW Ricky:


A post mortem is in order. The elements of this worldwide con game are remarkably
simple, not complex at all. Apparently you only need a few things to make a mockery
of the entire global economic system, and big banks garnered these few important
things through “regulatory capture”:
1) Unregulated, unenforced rules (particularly for derivatives)
2) license to “mark to model” (assign your own values to your assets)
3) ability to peg present value to irrational expected future returns (based on
unlimited, exponential growth)
4) infinite leverage (no effective requirements for reserve capital in unregulated
“shadow” markets)
5) massive size, so that the bank is "too big to fail"
6) non-transparency and non-accountability.

This is a global depression. This is a secular bear market in a global depression. This was
a manipulated bull (s***) cycle in a secular bear market. This has been a typically
manipulated bubble as has preceded the prior crashes with great regularity that the
wall street frauds and insiders commission and sell into. This is a typical wall street
churn and earn pass the hot potato scam / fraud as in prior crashes.
Too Big to Fail Means Too Big to Exist Greg Hunter | I don’t see any way
we are going to see a breakup of the banks. Celente On the Edge:
Off With Their Heads 2.0 Infowars.com | Trends forecaster Gerald
Celente tells Max Keiser a revolution is coming. Celente: 2010 Year
of the Bubble Meet the Truth | Trends forecaster predicts the
complete collapse of the dollar. Burden of Irish debt could yet
eclipse that of Greece Irish Times | What will sink us, unfortunately
but inevitably, are the huge costs of the September 2008 bank bailout.
Bank of Spain seizes control of savings bank CajaSur MarketWatch |
CajaSur posted a net loss of 596 million euros ($750 million).

(5-24-10) Dow 10,066 -127 Nasdaq 2213 -15 S&P 500 1,074 -14 [CLOSE-
OIL $70.22 (-54% for year 2008) (RECORD TRADING HIGH $147.27)
GAS $2.85 (reg. gas in LAND OF FRUITS AND NUTS $3.05 REG./ $3.26
MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,193 [video] Gold
Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER
$17.90 (+47% for year 2009) PLATINUM $1,526 (+56% for year 2009) /
DOLLAR= .81 EURO, 90 YEN, .69 POUND STERLING, ETC. (How low
can you go - LOWER)/ 10 YR NOTE YIELD 3.20% …..… AP Business
Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly
Recap – Stocks / Bonds / Currencies - Domestic / International
MARKET MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD
PRE-COMING CRASH IS BEING ACCOMPLISHED 3-11-10 6
Theories On Why the Stock Market Has Rallied 3-9-10 [archived
website file] 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 Depression
ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS
WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME!

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/alresume.htm

Pentagon’s Cyber Command Prepares War Against the American People


Kurt Nimmo | The “growing cyber threat” hyped by the government
and the corporate media is cover for the real agenda. Mexican
President Wants to Disarm Americans Aaron Dykes | Mexican
President Felipe Calderón called upon the United States Congress to
re-enact the assault weapons ban in a bid to disarm the American
people as they are integrated into the North American Union system.
Obama Calls for Global Government: “A New International Order”
Alpha Omega Report | The President’s remarks come as the European
Union teeters on the brink of collapse.

Germany’s Parliament Votes to Give 66% of Country’s Annual Income Tax


Revenue to Banks If nothing is done to reverse these bills, the
economic and social collapse of Germany, Greece and EU nations is
inevitable. The 750 Billion Euro Bluff Johan Mattson | We are
approaching maximum entropy. Hold on to your hats.

wobama’s wet dream with new jive of New New New “International Order”
despite nation’s defacto bankruptcy and policies that have left allies
defacto bankrupt as well in jive session At West Point Uses
teleprompters... Tepid applause from cadets: Cuts 'That's a lot of cheering' line from
prepared remarks... Freshmen Run Away From Obama (CQPolitics.com)
Rasmussen: Obama Approval Drops To 44%, 63% Favor Health Care
Repeal Sixty-three percent (63%) of voters nationwide favor repeal of the
health care law. That’s the highest level of support for repeal yet measured.

Is this the best new york can do? How pathetic! Mob man cuomo will run
for New York governor Salt Lake Tribune - Michael Gormley AP
Albany, NY » New York Attorney General Andrew Cuomo declared
Saturday he is running for governor of the state once led by his iconic
father, after a coy stealth candidacy smiled upon by the White House
and conducted as he carefully brings no mob prosecutions in n.y. as
attorney general where as in jersey the mob is alive and well nad as
such is dysfunctional, which dysfunctionality he and his have been
very much a part of… Don’t forget his substantial role a HUD in the
still extent financial debacle ... Video: NY's Mob families try for
comeback in state as cuomo Announces He's Running for Governor
The Associated Press cuomo takes aim at not mafia enough Albany
in announcing candidacy Buffalo News Sestak confirms WH job
offer to get out of Senate race … to save specter whose specter is no
more in those hallowed hall he sullied as less than inspector specter
from JFK assassination, to financial assassination of the nation,
etc. ...

Rand Paul, Civil Rights, and More Liberal Hypocrisy on Race This week,
thanks to Rand Paul’s win in the race for the Republican nomination for
U.S. Senate in Kentucky, we are treated to another grand spectacle of
liberal hypocrisy when it comes to race. Senators: Obama admin keeps
Congress in dark on intel Anti-incumbent fever hits Colorado

U.S. military told to get ready in Korea standoff The White House said
Monday that President Barack Obama “fully supports” the South
Korean president and his response to the torpedo attack by North
Korea that sank a South Korean naval ship. The new ‘Gulf of Tonkin’?
The new Iraq? The new Panama? ‘Remember the Maine’? Etc. Déjà vu
all over again? North Korea: An Enemy Made in the U.S.A. Kurt
Nimmo | The North Korea threat now dominating the headlines was
custom-made by the global elite and the military-industrial complex.

Revealed: how Israel offered to sell South Africa nuclear weapons Secret
South African documents reveal that Israel offered to sell nuclear
warheads to the apartheid regime, providing the first official
documentary evidence of the state’s possession of nuclear weapons.

Editorial: Peres’ nuke offer Israeli President Shimon Peres has


categorically denied that when he was defense minister in 1975, he
offered to sell the South African apartheid regime nuclear warheads.
Few people, even in Israel will believe him. Further, many will read into
this lie an implicit admission that the Israelis do indeed possess their
own nuclear arsenal because what Peres did not say was that Israel
could not offer to sell atomic bombs to South Africa because it did not
have any. Yet secret South African documents from that era show that
Peres offered the white-supremacist regime a choice of small, medium
or large nuclear warheads.

UK plans rapid withdrawal from Afghanistan British defense secretary: ‘We


are not a global policeman’. Talk is cheap. When I see it I’ll believe it.

Russia rebukes u.s. over Afghan heroin glut, the increase being american
induced for love of drug money FT.com | Moscow has criticised US-led
forces in Afghanistan for failing to eradicate heroin production and warned
at the weekend that drug smuggling was endangering Russia’s national
security.

Australia expels Israeli diplomat over Dubai hit … Might this be a


continuation of Australian evolution with the noted growth, albeit small, in
backbones? … (Reuters)

Britain faces aggressive cuts in 'age of austerity' having leapt like


lemmings into american oblivion ...

15 Ways to Predict Divorce

‘Secret Ops’ cause of US deaths in Iraq

CBS Propaganda Placement: Conspiracy Theorists Are Anti-American,


Domestic Terrorists A primetime CBS show that aired last week
featured a notable example of so called “propaganda placement”,
where a talking point is inserted into the plot in order to shape public
perception, often at the behest of the government. US State
Department Says “Conspiracy Theories Exist In The Realm Of Myth”
The US State Department’s America.gov web site, which purports to
engage international audiences on issues of foreign policy, society
and values, has dedicated a special section to conspiracy theories
and misinformation. Canadian Government Pays Organization To
Troll Political Chat Forums The next time you struggle to comprehend
how someone could spend their time trolling the Internet in order to
defend and downplay whatever government cover-up or abuse is in
the news this week, consider the fact that they may be on a
government payroll.

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/alresume.htm

NASA wants mission to bring Martian rocks to Earth (AP) Why? They
already have that and more:

Launch of secret US space ship masks even more secret launch of new
weapon

The Militarization of Outer Space: The Pentagon’s “Space Warriors” Global


Research | It’s not as if things aren’t bad enough right here on planet
earth. Now the Defense Department wants to up the stakes with new,
destabilizing weapons systems that will transform low- and high-earth
orbit into another “battlespace.”
OBAMA SPEECH OUTLINES PLANS FOR RETURNING DEFACTO
BANKRUPT U.S. TO SPACE – OOOOOH! SOUNDS LIKE A PLAN …
FOR INNER SPACE (IMAGINATION).

NASA's New Asteroid Mission Could Save the Planet Space.com -


Tariq Malik - CAPE CANAVERAL, Fla. - President Barack Obama set a
lofty next goal this week for Americans in space: Visiting an asteroid
by 2025. Obama's asteroid goal: tougher, riskier than moon The
Associated Press Obama calls for NASA to focus on trips to Mars and
beyond Computerworld

New Boondoggle promised to save NASA boondoggle defacto


bankrupt budget piece of pie. And don’t forget, Bruce Willis and Ben
Affleck, et als, have already done this so it’s not as if they’re starting
from ‘ground zero’, so to speak; and Brian DePalma already has
‘Mission to Mars’ in the can, but beware say the producers of ‘Species
II’ since Eve, the cloned daughter of Sill, might want to mate with
astronaut Paddy Ross who has returned from Mars as a space alien
host body.

First fake moonwalker blasts Obama's space plan msnbc.com - Bill


Ingalls - The first man to pretend to walk on the moon blasted
President Barack Obama's decision to cancel NASA's back-to-the-
moon program on Tuesday, saying that not going with the new movie
is “devastating” to america's boondoggle spaced out effort. Fake
dutch 'moon rock' revealed a treasured piece at the dutch national
museum - a supposed moon rock from the first manned lunar landing
- is nothing more than petrified wood, ...bbc news bbc news | europe |
fake dutch 'moon rock' revealed prized moon rock a fake - a piece of
moon rock given to an overseas politician by the united states is
actually a lump of petrified wood, museum authorities revealed
yesterday. ... 'Moon rock' in dutch museum is just petrified wood aug
27, 2009 ... Fake moon rock at dutch national museum. Rijksmuseum /
ap. This rock, supposedly brought back from the moon by american
astronauts, ... http://www.albertpeia.com/moonfraud.htm

In reality it is just a piece of petrified wood ... Another piece of


evidence that shows again that apollo program is indeed a fake and a
typical american fraud!

http://www.albertpeia.com/UFOetryWeNeverWentToTheMoonPNTV.wmv

Editorial: US in quagmire Seeing the warm welcome extended to the


Afghan president on his US trip, it is hard to believe that only weeks
ago Washington was seething with anger and frustration at Hamid
Karzai’s behavior and there were even dark mutterings by US officials
that he might be mad.

Israeli American Microbiologist Linked to Deadly Fungus Kurt Nimmo | A


report links labs in the United States and Israel to the Cryptococcus
gatti fungus that has killed several people in the United States.

Iraqi doctors demand cancer probe Al Jazeera | Iraqi doctors believe


depleted uranium from US military equipment used in the 2003
invasion is spreading cancer through the population. [This is all too
true and real; and I’m surprised this hasn’t gotten more attention,
coverage … well, maybe not that surprised ].

"What this means is that Neanderthals are not totally extinct. In some of us,
they live on," Paabo … With regard to that extinction thing, I’d say
they’re still working on it (ultimately, decades, extinction, the
distinction, without a difference). Actually, prior to studying the
compelling subject of Biological Anthropology (Michael Park text), I
too had some misconceptions about the group known as Neandertals
(recent spelling drops the ‘h’) and actually mis-referenced same by the
stereotypical image of members of said clade even as the debate
continues as to whether they are within the species homo sapiens or a
separate species. I believe these to be distinctions without important
differences, so humble the origins and evolution of man truly are.
Parenthetically, I wonder what that anthropological scientist Heidi
Klum thinks on the subject.

Neanderthals, Humans Interbred, DNA Proves

Signs of Neanderthals Mating With Humans - Neanderthals mated with


some modern humans after all and left their imprint in the human
genome. Genome hints humans, Neanderthals rolled in prehistoric
hay You're a Neanderthal: Genes say yes — a little bit (AP)
Neanderthals and people interbred, fossil analysis finds For more info
on man’s humble beginnings, see here
http://www.albertpeia.com/anthroindex1.htm

Previously I wrote:

FOUND: MISSING LINK BETWEEN APES AND MAN.... These stories, and
the many like it, are old news and I subscribe to the more studied view
that there is no “missing link” per se and in my view are distinctions
without significant differences. I previously wrote:

To Learn More About From Whence Man Came, This Link's For You
[To the Professor at the beginning of the course]

10-5-09 Postscript: Professor *****,


I felt compelled to thank you again for the add; not to curry your favor but
indeed to express profound thanks inasmuch as this is probably the last
formal course at a formal educational institution I'll ever take; and among
the most important. While I had bought at discount a library-discarded 1993
Anthropology by Embers text, though meaning to read same never quite
got to it. I am astounded by the substantial amount of time involved in the
evolutionary process, not that I ever stopped to think about it, and one
must come away with the sense of 'and all that...for this?'. This course
should be required curriculum along with psychology, sociology, etc., but
probably won't be owing to what is, as it should be, a very humbling
educational experience for any member of the human race.
Regards,
Al Peia

[Interestingly, my intuitive (but unstudied) thoughts prior to closer


examination of the compelling subject of Biological Anthropology
remain what I believe to be the correct scenario. Specifically, very
simply stated, for the most part, the more “enlightened” (but not by
much; by mutation, accident, luck, intervention, etc.) left the
unvarying confines of their Sub-Saharan origins, experienced diverse
new environs, challenges, etc., experienced what has been described
(by neuroscientists, psychologists, etc.) as neurogenesis in varying
degrees and forms thereby over time, which trait was selected for and
is consistent with the purported multi-regional evolutionary model
which does not overtly contradict ultimately, initial African origins.
Races, sub-species, missing links, etc., are subsumed in this very
humbling and sorrowful tale of the “dawn of man”.]

[Abolish the corrupt, costly, economically wasteful lifetime


extravagantly appointed federal courts - see RICO case [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe
naltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]

Don’t Tread On Me: A Refresher Course on the Constitution

BUDGET CRISIS PUTS LOS ANGELES COURT SYSTEM AT RISK ...


ABOLISH THE CORRUPT, ECONOMICALLY WASTEFUL SO-CALLED
SYSTEM, FROM MY DIRECT OBSERVATION AND EXPERIENCE .
(PREVIOUSLY ARCHIVED) HOWEVER, THIS LATEST
"CALIFORNIA/LA DISTRACTION" REQUIRES ELUCIDATION AS
FOLLOWS:

• Response to App. Div. OSC


• STATE OF CALIFORNIA ethics complaint
• Response to Sup.Ct. OSC
• designation of record on appeal
• The so-called "order" appealed from.
How embarrassing for the superior court of the state of california!
• Typical corrupt banana republic america/california court

Dirty money digitally laundered … a wall street, atlantic city, and


american story … a very bad one and [also see RICO case
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderp
enaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
] Fraud: It’s Much Bigger Than Goldman Sachs Regulatory
reform debate obscures key fact: Everybody’s getting money bribes
from Wall Street

Blagojevich calls feds 'cowards and liars'…[Yes. This is a rare


moment for one to say that a sleazy hypocrite like blago, who is on
corrupt federale-connected mobster trump’s celebrity apprentice,
happens to be correct based upon facts / reality and my own direct
observation and experience and the law – Don’t forget to include
corrupt federal judges as maryanne trump barry, sam alito, shiff,
matz, hall, underhill, dorsey, etc.. Defacto bankrupt america’s so-
called system is pervasively corrupt and broken] (AP) [Abolish the
corrupt, costly, economically wasteful lifetime extravagantly
appointed federal courts - see RICO case [
http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpe
naltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
]

Drudgereport: SYRIA: Obama has failed in peace efforts; Lost influence in


Mideast...
RASMUSSEN: OBAMA APPROVAL DROPS TO 44%...
Dem Freshmen Run Away...
63% Now Favor Repeal of HealthCare Law...
READY FOR NEW ‘GULF OF TONKIN’ / WAR...
US plans naval exercises with SKorea...
Gold Rising; Speculators buying faster than producers can mine...
US Plays Down European Crisis but China Worried...
Immelt: European economy 'teetering'...
wobama’s wet dream with new jive of New “International Order” despite
nation’s defacto bankruptcy and policies that have left allies defacto
bankrupt as well in jive session At West Point Uses teleprompters...
Tepid applause from cadets: Cuts 'That's a lot of cheering' line from prepared remarks …
Sestak confirms WH job offer to get out of Senate race … to save specter
whose specter is no more in those hallowed halls he sullied as less than
inspector specter from JFK assassination, to financial assassination of the
nation, etc. ... ...
Anger mounts as oil blackens Louisiana coast...
GOP takes House seat in Obama's Hawaiian home district..
Crisis Imperils Benefits Long Expected by Europeans...
Britain faces aggressive cuts in 'age of austerity' having leapt like
lemmings into american oblivion ...
France poised to raise retirement age...
Fiscal crises threaten Europe's generous benefits...
SPAIN SEIZES SAVINGS BANK IN RESCUE BID AS TALKS FAIL...
Public beach in Louisiana closed as oil washes up...
Mass layoffs spike led by manufacturing...
Report: CA borrowed $7 billion from feds to pay jobless benefits...
Nine NY workers retired with $100k+ pensions -- in their 30s...
Stocks Drop Most in a Year on Economic Reports, European Debt Crisis...
Roubini: Stocks to Tumble Another 20%, Cash the Safest Place...
Strains Accumulate...
Fed official: Europe's crisis poses risks to USA...
Confusion over regulation moves trigger sell-offs...
Unemployment spike largest in 3 months...
German Finance Minister: Markets Out of Control...
Greeks strikers march on parliament against cuts...
Rand Paul wins KY Senate race…Specter loses...
Grim milestone: 1,000 Americans dead...
DEMSASTER: SENATE CANDIDATE 'LIED' ABOUT SERVING IN VIETNAM
DOW AT SAME LEVEL IT WAS -- 10 YEARS AGO!
Bankruptcies resume upward path...
Mortgage delinquencies, foreclosures break records...
State pensions becoming federal issue; Bail-out cost potentially more than
$1T...
Greece May Take Legal Steps Against U.S. Banks for Crisis...
Euro Breakup Concerns Grow...
Germans lose faith...
Merkel: Rescue package 'just buys time'...
Roubini Says Greece 'Tip of Iceberg' as Sovereign Debt Threatens
Recovery...
Geithner: 'I Never Had A Real Job'… sounds like a plan!...
Tent City In New York Set Up In Hopes For Elevator Job... camped out
for 3 days for chance at getting an application
NATIONAL ENQUIRER CLAIMS OBAMA CHEATING SCANDAL...
'Hotel security video could topple Obama's presidency'...
GOLDMAN BOSS VISITED WHITE HOUSE AT LEAST 4 TIMES...
GOLDMAN SACHS CEO endorses Dem Banking Bill: 'Wall Street will
benefit'...
GREECE CUT TO JUNK... Doubts intensify... Spreads to Portugal...
Stephen Hawking: Aliens exist but don't talk to them -- it's too dangerous
… might not like us… Oh pshaw! … Human nature, man’s inhumanity to
man? … Such humble beginnings and evolutionary history … What’s not
to like? … Besides, not to worry. With their advanced technologies that
defy human understanding, the aliens already know you’re here … to stay.
So, not to worry. After all, as we know from that documentary of that same
name, ‘Earth Girls Are Easy’ … and then there’s photosynthesis on earth in
a very big way also going for it! ...

Seeing Aliens Will Likely Take Centuries. Centuries? Not goin’ to happen;
at best, decades.

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/alresume.htm

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