Love The Muslim Brotherhood, Stop, Frisk Islamic Terrorists! Irreverent!

Irreverence often comes with age.  In my case I was born that way!
=== Shot In The Head -- AP Story

Associated Press Story 

Linda Burnett, 23, a resident of San Diego, was visiting her in-laws and while there went to a nearby supermarket to pick up some groceries.  Later, her husband noticed her sitting in her car in the driveway with the windows rolled up and with her eyes closed, with both hands behind the back of her head.  He became concerned and walked over to the car.  He
noticed that Linda's eyes were now open and she looked very strange.  He
asked her if she was okay, and Linda replied that she had been shot in the
back of the head and had been holding her brains in for over an hour.

The husband called the paramedics, who broke into the car because the doors were locked and Linda refused to remove her hands from her 
head

When they finally got in, they found that Linda had a wad of bread dough on the back of her head.  A Pillsbury biscuit canister had exploded from the heat, making a loud noise that sounded like a gunshot, and the wad of dough hit her in the back of her head.  When she reached back to find out what it was, she felt the dough and thought it was her brains.  She initially passed out, but quickly recovered.

Linda is a blonde, a Democrat, and an Obama supporter, but that could all be a coincidence.

The defective biscuit canister was analyzed and the expiration date was from 2008, SO.., it was determined to be Bush's

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Has Obama misread what is happening in Egypt because he is prone towards the Muslim Brotherhood? (See 1 and 1a  below.)
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Is the way to peace is to free terrorists and murderers?  More idiotic logic !  Did not work regarding Obama's approach toward Guantanamo nor will it in The Middle East.

Instead of killing terrorists with drones we need to stop and frisk them. (See 2 below.)
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See a connection? http://www.youtube.com/watch?v=pCW2hxux3Ro&sns=fb and

Obama's Congress Opens With Muslim Imam's Prayer To Allah - Now The End Begins www.nowtheendbegins.com On July 31, 2013, Imam Talib Shareef of Masjid Muhammad in Washington, D.C., opened a session of the United States Congress with a prayer on Capitol Hill. This is the America that Obama has been working so hard to create.

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Also, in addition to be irreverent, I tend to be distrustful of bullishness when so much that is happening is negative.

Positives:  Federal deficit is shrinking because of sequester.
                 Fed induced economic recovery has lifted home prices and the stock market so wealth effect                  makes for happier people.
               
Negatives: Fed induced recovery will end and then what?
                 10 Year Treasury rates starting to rise and that means pressure on financing our debt.
                 Market has been on a rise for many months but it also came from a very low point, However                  corporate earning comparisons  are narrowing and multiples have expanded.
                 The political situation is unhealthy and Obamacare is a disaster waiting to happen.
                 The Middle East is a tinder box and our ability to control events is at a low ebb.
                  Markets climb walls of worry but too much uncertainty is not always the market's friend.
                  The article below has merit and offers food for thought because it  is based on some                               historical precedence. (See 3 below.)
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Dick
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1)America’s Alliance With Egypt Is on Verge of Collapse

By YOUSSEF IBRAHIM

‪America’s intricate alliance with Egypt, woven over four decades, is standing on the verge of collapse over the failure of the Obama administration to comprehend the revolution that ousted the Muslim Brotherhood from power in Cairo.

In a cascade of mutual recriminations over the past three days, President Mansour and his prime minister, Hazem Biblawi, described two senior American senators, sent as emissaries of President Barak Obama, as “delusional” and “liars.”

The two senators arrived with demands to release all Muslim Brotherhood leaders being held under arrest and to integrate the party into the new revolutionary government. Otherwise, they warned, the Obama administration will cutoff all financial and military aid to Egypt.

Spokesmen for both the presidency and the prime minister immediately took umbrage, joined by an array of press commentators, who accused the two Americans, Senators McCain and Graham, of “manufacturing facts” and of “unwelcome interference in Egypt’s internal affairs.” The flagship Egyptian newspaper, Al Ahram, said the senators engaged in “foolish statements that are unacceptable.”

Following a press conference in which Mr. McCain threatened sanctions, the leader of the Egyptian Popular Current party, Hamdeen Sabahi, who is a co-leader of the ruling National Salvation Front, described Mr. McCain as “a senile old man.”

On the streets, nationalist sentiment was not far behind. The ‘’Rebel Movement’’ is pitching a new drive titled ‘’Say No to US Aid’’, which runs at $ 1.5 billion a year. So grave is the situation that military sources told Reuters on Wednesday that Egypt may call off critical joint military maneuvers code-named Bright Star.

Bright Star, which has been taking place since 1981, comprises the largest such exercises in the region. The exercises have been jointly led by America and Egypt, with participation of Jordan, Kuwait, Saudi Arabia and sometimes Turkey.

The confrontation emerging between the Obama administration and Egypt represents a startling collapse for a president who, in Mr. Obama, made his first presidential demarche a speech at Cairo reaching out to the Muslim world. Now the confrontation threatens to destroy the foundation of regional, military, intelligence and anti-terror alliances built over decades.

To Egypt the cost is steep. It would lose American investments in education, medical research, and industrial training, as well as access to trade and political-organizational mentoring for a generation of civilian and military professionals. President Putin beckons, but Russia today is not in a position to replace all, or even much, of that.

To America the loss, if the confrontation gets out of hand, would be larger than Egypt’s. It could plunge America into an era like that which obtained between 1952 and 1970, when Gamal Abdel Nasser used Egypt’s clout to fan Arab Nationalism and anti-Americanism across Africa and the Arab world.

Egypt, with 86 million people and a vast system of schools, institutes, and universities hosting not only Egyptians but other Arabs and Africans, is almost imperial, its reach magnified by the fact that all 350 million Arabs speak the same language. Some 8 million Egyptian expatriates work in other Arab countries.

This is why the Arab world swung to support Egypt in this nascent confrontation. Last month alone, in the face of warnings about a cutoff of American aid to Egypt, Saudi Arabia, Kuwait, and the United Arab Emirates rushed to proffer $ 12 billion in various grants, Central Bank deposits, foodstuffs, grain, petroleum products, and construction materials.

All this has implications not only for the United States but also for Israel. With the second most powerful army after Israel, Egypt is a major factor in the search for peace, as is being demonstrated by the second revolutionary government, which, recognizing the danger of the Muslim Brotherhood and other extremist Islamic factions, is moving to isolate Hamas in the Gaza district.

A sense of how Egypt sees things came yesterday from a scion of the fallen Hosni Mubarak old guard, Amr Moussa, who served a decade as Egyptian foreign minister and another as secretary general of the League of Arab States. Addressing via a television interview Senators McCain and Graham he said: “Neither of you are delegated to open the dictionary on our behalf to designate a coup from a revolution. Of course we did choose Morsi and his Muslim Brotherhood companions via the ballot box, but that does not exempt them from consequences of criminal behavior.”

Recalling the Richard Nixon episode, Mr. Moussa noted that ‘’The United States was the first to remove its elected president when he faced lesser charges that those now weighing over the leadership the Muslim Brotherhood.”

1a) Is Muslim Brotherhood working together with Amb. Chris Stevens' assassin?
By Cynthia Farahat

Ahmed Moussa, a prominent Egyptian television personality on the Tahrir TV channel as well as a former officer in Egyptian State Security Intelligence (SSI), went public on July 30 with a remarkable piece of information.

Moussa said, addressing U.S. ambassador Anne Patterson (in absentia) on his show:

Ambassador Stevens was killed in Benghazi, and you know who killed him, the U.S. administration knows who killed him, and you know how he was killed and it was a major strike against the U.S. administration, and all of you.

The assassin is now present at Rabia Al-Adawiya [mosque protest] His name is, do you know it or you would like me to inform you? He's affiliated with Al Qaeda in Libya, his name is Mohsen Al-Azazi, his passport was found in the house of Khairat El-Shater.

That killer is in Rabia Al-Adawiya now, with Safwat Hegazy and Mohammed El-Beltagy, whom you and your administration support and aid. Your administration aids terrorism.

In the course of this statement, Moussa announced three facts:

1).  Ambassador Chris Stevens' assassin in Benghazi on Sept. 11, 2012, is named Mohsen Al-Azazi.

2).  Azizi associates with Mohammed El-Beltagy, the general secretary of the Muslim Brotherhood's Freedom and Justice Party (FJP) and with Safwat Hegazy, a leading MB cleric.

3).  The police found Azizi's passport in the house of leading MB strategist Khairat El-Shater, presumbably when Shater was arrested on July 5.

If true, this is sensational news, for it directly ties the MB to anti-American terrorism and repudiates the Obama administration policy of trying to work with the MB. It also further confirms that the MB is a terrorist organization.

It might explain why the Obama administration is mediating in talks with Egypt's interim government for a “reconciliation process” that would permit a safe exist for Morsi and other MB leaders outside Egypt without a trial that likely would disclose more embarrassing details about Benghazi.

But is the news that Moussa announced true? Several indications point to its veracity.

First, Moussa is a well-regarded source who often interviews intelligence agents and high-ranking military personnel on his show and is renowned for breaking intelligence-related news.

In March, for example, he broke the news that Egyptian intelligence stopped sending Mohammed Morsi written briefings and limited its reports to verbal communication, a reflection of its fear that his affiliation to an international Islamist organization (with over seventy branches worldwide) would compromise the information. As well as revealing some of the details of the meeting that took place on 30 July between Morsi and Catherine Ashton, British Labour politician and diplomat.

Second, as I reported in March, in a video shot during the terrorist attack on the U.S. mission in Benghazi, Egyptian jihadists approaching the U.S. installations said in Egyptian colloquial Arabic, “Don't shoot, Dr. Morsi sent us.”

Moussa further went on to say, still addressing Patterson on this TV show:

Ask the Muslim Brotherhood to hand Azizi to U.S. authorities. — And of course they will not, as he is there to wage terrorist attacks against Egyptian citizens, as he hides there in the protection in Rabia, among killers with massive amounts of weapons … Why doesn't the MB, which you often praise, hand him to you?

That question has yet to be answered by either Amb. Patterson, President Obama or the U.S. government.

Cynthia Farahat is Associate Fellow at the Middle East Forum. She has published opinion pieces in the Middle East Quarterly, National Review Online, Front Page Magazine and The Washington Times.

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2)Palestinian Heroes

Releasing murderers will not advance the peace process.

South Africa has Nelson Mandela, Poland has John Paul II, and Burma has Aung San Suu Kyi: Though the measure isn't exact, one way to judge a nation is by looking at its heroes. So what does it say about a prospective state of Palestine that among its heroes is Salah Ibrahim Ahmad Mugdad?

Mugdad is among 104 prisoners Israel intends to release as part of a deal orchestrated by Secretary of State John Kerry to resume peace talks with the Palestinians. In 1993, Mugdad killed hotel security guard Israel Tenenbaum "by beating him in the head with a steel rod," according to the Times of Israel. Tenenbaum was 72 at the time of his murder.

Also being released is Salameh Abdallah Musleh, imprisoned for the murder of convenience-store owner Reuven David. "Abdallah, together with an accomplice, entered David's convenience store on May 20, 1991, bound David's arms and legs and beat him to death, before locking the store and fleeing the scene," the Times reports.

Ditto for other Palestinian prisoners. Every society has its criminals, psychotics and killers, and Israel is no exception. But it says something about the current Palestinian leadership that it has made the release of killers a condition of peace talks. It also says something about the moral values of too many Palestinians that they should treat the returning prisoners not as pariahs but as heroes.

The Israeli decision to release the prisoners was shortly followed by the approval of additional construction permits for housing in East Jerusalem and West Bank settlements. The move elicited howls of condemnation from the usual suspects, as if building houses is more objectionable than murdering people in cold blood. Perhaps the larger question is why anyone should expect that a peace process that begins by setting murderers free is likely to result in peace.

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3)Cluster of Hindenburg Omens: Is A Stock Market Crash Imminent?

Are we heading for a major stockmarket (NYSEARCA:SPY) decline?  Warnings about a crash of the financialmarkets are quite common these days, and usually they don’t materialize.  But this time may be different.  A number of top analysts are pointing out the fact that the biggest cluster of “Hindenburg Omens” has appeared since the last stock market crash.  And those that have studied this insist that the more “Hindenburg Omens” there are in a cluster, the stronger the signal is.  Meanwhile, another very disturbing sign is the fact that the yield on 10 year U.S. Treasuries is starting to soar again.  On Tuesday it shot up from 2.62% to 2.727%.  As I have written about previously, the yield on 10 year U.S. Treasuries is the most important number in the U.S. economy right now.  If that number continues to rise, it is going to be very, very bad news for the financialsystem.

But before I discuss rising interest rates any further, I want to talk about this unusual cluster of Hindenburg Omens that we have just witnessed.  In a previous article, I shared a list of the criteria that are commonly used to determine whether a Hindenburg Omen has appeared or not…

1. The daily number of NYSE new 52 Week Highs and the daily number of new 52 Week Lows must both be greater than 2.2 percent of total NYSE issues traded that day.

2. The smaller of these numbers is greater than or equal to 69 (68.772 is 2.2% of 3126). This is not a rule but more like a checksum. This condition is a function of the 2.2% of the total issues.

3. That the NYSE 10 Week moving average is rising.

4. That the McClellan Oscillator ( a market breadth indicator used to evaluate the rate of money entering or leaving the market and interpretively indicate overbought or oversold conditions of the market)is negative on that same day.

5. That new 52 Week Highs cannot be more than twice the new 52 Week Lows (however it is fine for new 52 Week Lows to be more than double new 52 Week Highs).

When the Hindenburg Omen makes an appearance, it is supposedly a signal that the U.S.stock market (NYSEARCA:DIA) will likely experience a significant decline within the next 40 days.

But of course this has not always happened when a Hindenburg Omen has appeared.  However, what we are seeing right now is a highly concentrated cluster of Hindenburg Omens.  According toSentimenTrader’s Jason Goepfert, the last time such a cluster appeared was before the last stock market crash…

Sometimes a topic in the market takes hold and it’s hard to shake it off. One of those is the technical “market crash” signal called the Hindenburg Omen.

It has its boosters and its detractors, and we’re not going to get caught up in debating its merits. We’ve discussed it for 12 years, always with the same arguments.

On June 10th, we outlined the market’s historical performance after suffering at least 5 signals from the Hindenburg Omen within a two-week period. Stocks were consistently weak afterward, and proved to be so again, at least for a while.

With the latest market rally, the Omens are flaring up again.There have been 5 Omens triggered out of the past 8 trading sessions (your data may vary—we’re using the same sources we’ve always used for historical data). That’s actually the closest-grouped cluster since early November 2007.

It’s extremely rare to see as many Omens occurring together as we’ve seen over the past 50 days. The last time was prior to the bear market in 2007.

The time before that was prior to the bear market in 2000.

Will the pattern hold up this time?

We’ll see.

But without a doubt we have been witnessing some very unusual activity in the markets over the past couple of weeks.  In fact, according to Tyler Durden of Zero Hedge, we have now seen a Hindenburg Omen occur five times in the last seven trading days…

For the 5th time in the last 7 days, equity market internals have triggered an anxiety-implying Hindenburg Omen. Based on our data, this is the most concentrated cluster of new highs, new lows, advancing/declining based confusion on record.

The last few occurrences have not ended well (though obviously not disastrously) but as the creator of the ‘Omen’ notes, the more occurrences that cluster, the stronger the signal.

But the Hindenburg Omen is not the only sign that a stock market crash may be coming.  Marc Faber, the publisher of the Gloom, Boom & Doom Report, says that the markets are repeating the exact same pattern that we saw just before the stock market crash of 1987…

“In 1987, we had a very powerful rally, but also earnings were no longer rising substantially, and the market became very overbought,” Faber said on Thursday’s “Futures Now.” “The final rally into Aug. 25 occurred with a diminishing number of stocks hitting 52-week highs. In other words, the new-high list was contracting, and we have several breaks in different stocks.”

Faber says that’s exactly where we find ourselves this August.

Faber is projecting a stock market decline of “20 percent, maybe more” in the month ahead.

Meanwhile, as I mentioned at the top of the article, the yield on 10 year U.S. Treasuries shot up to 2.727% today.  The Federal Reserve is starting to lose control of long-term interest rates, and the only way that Fed officials are going to be able to get control back is to substantially raise the level of quantitative easing that they are doing, but of course that would create a whole bunch of other problems.

For now, the Fed keeps dropping hints that “tapering” is coming.  But if the Fed does “taper”, there might not be any support for bond prices from the private sector.  BAML credit strategist Hans Mikkelsenrecently detailed why this is the case…

Since the financial crisis, Treasuries have been supported by numerous types of investors, including mutual funds/ETFs, banks, [emerging market] central banks and the foreign official sector (in addition to the Fed of course). However, these four sources of Treasury demand are unlikely to support the market in the short term going forward.

First, with continued outflows from non-short term high grade bond funds, money managers are unlikely to provide support for Treasuries any time soon.

Second, with increasing loan demand reducing the need for banks to support profitability by buying Treasuries, as well as significant mark-to-market losses in [available-for-sale] portfolios that in the future will count against capital, banks are unlikely to add long-duration assets in a rising interest rate environment.

Third, in light of continued depreciation of [emerging market] currencies, it appears unlikely that [emerging market] countries are experiencing inflows that need to be reinvested in Treasuries.

Finally, custody holdings of Treasuries continue to decline, suggesting foreign official sales of Treasuries.

If the yield on 10 year U.S. Treasuries continues to rise sharply over the coming months,that could potentially cause the 441 trillion dollar interest rate derivatives bubble to implode.  As John Embry recently told King World News, that would be “disastrous” for the global financial system…

Interest rates have already risen dramatically, so any tapering will simply throw gasoline on that fire and torch the banking system which is up to its eyeballs in interest rate derivatives. This would be disastrous for the entire financial system.

Someone recently suggested that there was already a $4 trillion hole in the European banking system (NASDAQ:EUFN). If we look at the Japanese situation, that is totally unstable as well. So the destruction of paper money will only accelerate, and this is what you are seeing reflected today in the prices of gold and silver.

We also have this shortage of physical gold, which is reflected by the fact that the goldlease rates have been negative for 25 consecutive days. We then had the revelation that the Bank of England had dumped a staggering 1,300 tons of physical gold into the market that they were supposed to be safely storing for other countries. The Bank of England wouldn’t even comment, they just pleaded the 5th.

Hopefully these Hindenburg Omens will pass and nothing will happen.

Hopefully the yield on 10 year U.S. Treasuries will not continue to rise.

But you know what they say – hope for the best but prepare for the worst.

I hope that you are getting prepared for the worst while you still can.

This article is brought to you courtesy of Michael Snyder.

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