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It's Janet Yellen Day on Wall Street

W.W.J.D.? 

What will Janet do?

*****UPDATES WILL BE POSTED HERE AS THE DAY UNFOLDS*****REFRESH THIS POST*****

http://www.marketwatch.com/story/markets-alert-for-any-new-policy-signal-from-yellen-2014-02-10?dist=beforebell

The U.S. ECONOMY HANGS on the BALANCE


NEWS DRIVEN ECONOMY set to react to HEADLINES

****MARKET ALERT---1929 STYLE CRASH SIGNS APPEAR*****

IMPORTANT:
SIGNS of 1929 STYLE MARKET CRASH APPEAR as Janet Yellen speaks:
http://www.marketwatch.com/story/scary-1929-market-chart-gains-traction-2014-02-11?dist=lcountdown 

LIVE COVERAGE Janet Yellen:


OTHER NEWS REPORTS BELOW:

TEXT of Janet Yellen's PREPARED REMARKS:
http://www.marketwatch.com/story/text-of-yellens-prepared-remarks-2014-02-11?link=MW_home_latest_news 

Barclays lays off 12,000 EMPLOYEES to pay bigger bonuses to CEOs:
http://uk.reuters.com/article/2014/02/11/uk-barclays-earnings-idUKBREA1A08O20140211 

CNBC beginning to discuss the likelihood of INFLATION...awaiting Janet Yellen's speech...

How will Janet Yellen address DEFLATION?  Analysts suggest she is concerned we are way below our inflation rate of 2%...


China the world's GOLD producer:

Silver prices set to rise toward $100:

U.S. and IRAN tensions rising:

Markets await the Yellen effect:

Metals and mining stocks are rising:

Tacos' Take on the YOU TUBE analysts:
http://news-these-days.blogspot.com/2014/02/tacos-take-on-all-economic-news-and-you.html



Watch WALL STREET'S REACTION on THE CHART BELOW:
(If you can't see the CHART then CLICK THE PLUGIN; it may need to be REFRESHED)





How will GOLD react to Janet Yellen at 15 GMT?


...developing...

Sickening smile of Houston teen Jose E. Reyes accused of kidnapping, raping and murdering 15-year-old girl in 'satanic ritual' so his friend could 'sell his soul to the Devil'



Yes the Devil is most certainly real and very busy.  Ignore his existence at your own risk! 
Daily Mailreports a 15-year-old girl has been horrifically murdered in Houston in what appears to be a satanic ritual killing. She was found with an upside-down cross carved into her stomach and religious items placed in a circle around her partially naked body. 

Police say Corriann Cervantes was abducted, then raped and bashed in the head with the lid of a toilet tank and an ashtray until she died. She was kidnapped on Wednesday, but her body was not found until Saturday morning.  

Police arrested 17-year-old Jose E. Reyes and a 16-year-old classmate of Corriann's, who knew her from the alternative high school they both attended in Clear Lake, Texas. 

More here

French media reports that President Obama and Beyonce are having an affair



Ever since Obama went flirty with the Danish PM at the Mandela memorial the internet has been ablaze over allegations of the Obama’s marriage ...
is on the rocks.  This tidbit is another shrimp on the Barbie. 

Daily Mailreports a French media firestorm has been circulating claims that Barack Obama and Beyonce are dangerously in love.

It came as Francois Hollande, France’s head of state and a well-known love cheat, arrived in America on an official state visit without his now-ex partner, Valérie Trierweiler. 

Rumours of an affair between the American president and the superstar singer- both of whom are married- were first made on Europe 1 radio station this morning.

More here

Tacos' Take on all the economic news and YOU TUBE analysts


Tacos examines the confusing economic news on YOU TUBE and self-professing analysts who are not even FINRA and SIPC certified financial advisers:



REPORT: Doctors Forced to Ration Critical Drugs as a result of ObamaCare



This is one of the other shoes that was predicted would drop.  Welcome to what Obama and the Democrats hath brought the American people. 

NY Timesreports despite efforts by the Obama administration to ease shortages of critical drugs, shortfalls have persisted, forcing doctors to resort to rationing in some cases or to scramble for alternatives, a government watchdog agency said on Monday. The number of annual drug shortages — both new and continuing ones — nearly tripled from 2007 to 2012.

In recent years, drug shortages have become an all but permanent part of the American medical landscape. The most common ones are for generic versions of sterile injectable drugs, partly because factories that make them are aging and prone to quality problems, causing temporary closings of production lines or even entire factories.

The analysisby the United States Government Accountability Office, released Monday, was required by a 2012 law that gave the Food and Drug Administration more power to manage shortages. The watchdog agency was designated to evaluate whether the F.D.A. had improved its response to the problem, among other things.

More here

A good KIDNEY CLEANSING

China owns the GOLD

China profits as GOLD SHARES rise


China is worlds largest GOLD producer:
http://traderdannorcini.blogspot.com/2014/02/china-gold-stats.html

Analyst tracks GOLD SHARES:
http://traderdannorcini.blogspot.com/2014/02/gold-shares-coming-to-life.html

He who has the GOLD makes the rules



Got GOLD?



WATCH THE INTERACTIVE CHART BELOW:
(if you can't see the CHART then CLICK THE PLUGIN)



...developing...

Carranza Had A .32 Alcohol Concentration In His System When Struck By Metra Train

Francisco Carranza and Alyssa M. Carranza

Carranza went through the train crossing gates, drove into the tracks and then was struck by a Metra train going 60 MPH.

By H. Nelson Goodson
February 11, 2014

Round Lake Park, Illinois - Round Lake Park Police Chief George Filenko confirmed that Francisco "Panchito" Carranza, 36, of Island Lake had four times more alcohol than the legal limit allowed in his system, according to toxicology results that were released on Monday. Carranza, owner of Carranza's Insurance was killed on January 22 after he drove through the train crossing gates at Route 134 and Porter Drive and then into the tracks before getting struck by a train. Also killed was his 7-year-old daughter,  Alyssa M. Carranza of Round Lake. 
Chief Filenko says, an autopsy toxicology report indicates that Carranza had a .32, four times the legal alcohol concentration of .08 in his system. His daughter wasn't wearing a seatbelt and was found about 50 feet from the impact when a Metra train struck Carranza's Range Rover.

Hawkins From Right Wing News Misquoted Republican Wisconsin Governor Walker For Underage Voting

Right Wing News blogger misquoted Governor Walker about underage voting for former President Ronald Reagan and then recants after 25 days when the Republican governor almost pressured to skip bid for president in 2016.

By H. Nelson Goodson
February 11, 2014

Madison, WI - On Monday, John Hawkins, a Right Wing News blogger was forced to recant a quote from Republican Governor Scott Walker, which was allegedly said in a January 17 article, that he voted for Ronald Reagan to become President. Actually, Walker was born in 1967 and according to Hawkins, Walker was 13-years-old when he allegedly voted.
Hawkins major mistake that took 25 days to recant almost cost Governor Walker the Republican nomination for President. Walker hasn't officially announced that he was throwing his hat for the presidential bid, but he was obviously made to look like he lied or was confessing to committing voter fraud. Lmfao
Why did it take 25 days for Hawkins to recant his article and for Walker to pressure Hawkins to fix the alleged misquote? Now, speculation is brewing that the GOP or the Walker unofficial campaign might have made some political promises to Hawkins. Who knows? 
But, the audio posted of the recorded Walker's interview could have been re-recorded and edited to make it appear that it was the actual recording, some conspiracy believers might allege.
People can be judge or figure out what actually just happened between Hawkins and the Wisconsin GOP governor's circle.


John Hawkins from Right Wing News misquoted WI Gov. Scott Walker (R) of voting for Reagan when he was a teenager. http://twitpic.com/dv57zo

America's "Franken-Culture" ... J. D. Longstreet

America's "Franken-Culture"   ...   J. D. Longstreet
America's "Franken-Culture"
A Commentary by J. D. Longstreet

***********************

America is, indeed, a house divided.  So, let's survey how we got here and what to expect next.  Shall we?

A few years ago I wrote: There was a time in America, not so long ago, when we had white people, black people, brown people, yellow people, etc.  We had men and women. We had healthy people and we had sick people and we had handicapped people.

We had smart people and we had dumb people.  We had retarded people and we had normal people.

We had queers and homosexuals and but we had no gay and lesbian people.

We had the truth and we had the lie.

We had people who loved America and people who hated America.  There was no “in-between.”

We had Republicans and Democrats and no Independents.  We had conservatives and liberals.  We did not have moderates.

Well, what happened?  Answer:  World War Two!

What’s World War Two got to do with it, you may ask?  Glad you asked.  It has everything to do with the mess in which we Americans find ourselves today. 

Our US troops who fought in Europe, and were stationed there after the war, brought something back from Europe that was, up ‘til that time, alien to America. In those days it was called “Moral Relativism.”  Simply defined it says there are no absolutes. There is no absolutely black and there is no absolutely white.  There is no absolute truth and there is no absolute lie.

Now, this was like a bombshell going off in America.  Those of religious faith saw it instantly for what it was. The GREAT LIE!

The pointy-head elites, especially in the  university academia, saw instantly a way to cover all the things they wanted to do and say with the cloak of moral relativism. And they took it up and reveled in it.  They began to teach it to our kids.  Then those kids became elementary and high school teachers themselves… and they, too, taught it to our kids and their kids.

It is not accidental that those on the left side of the political spectrum in America came so quickly to adopt Moral Relativism.  You see… they WERE the university elite.  Someone has said recently, it is now a part of the DNA of the political left and the Democrat Party.

Nowadays, Moral Relativism is known as Political Correctness.  No matter what it is called it is still the most effective way to live a lie and sell that life style to others.

When I was a lad, America was referred to as a great Melting Pot.  People from all over the world would come to America and melt right into the unique American society and culture. Sometimes it took one, or even two, generations to make the cycle complete but they worked at it.  And it made America strong.

Then, the left came up with something called “Multiculturalism.”  Basically, that is to say – any,  and all,  cultures are as good as ours.  (When we had a unique American Culture. And for those of you too young to remember… we DID have our own culture!) The breakdown of American society, and culture, began at that moment.   The political left began to foist their plan to no longer have a single American culture but a vast array of cultures from all the peoples who had come here to ostensibly become Americans. 

It was kind of cute at first, the gay colors of the Hispanic peoples and their holidays… and the October fest of the Germans, and the Irish holidays, and the various other cultural celebrations of the host of other peoples in America.  Then it became sinister. That unique American culture began to be absorbed into the multitude of other cultures.  Now, for all intents and purposes, the American culture is gone. And with it went the identity of the American people.

And then came the icing on the cake:  Diversity.

Ever since there has been marriage, a man and a woman deciding to live together and create a family,  man has needed to get away from the little woman for short periods of time..

You have to understand, men are barbarians.  We can’t help it, that’s the way Nature made us and we will never be house broken.  Even in the pre-Columbian days of the Native Americans, on this continent, the tribes had their “Man’s House.”  Even then, the men needed to get away.  It’s not that the man loved or respected the woman any the less; he just needed to let the beast out for a while.  He could not, and cannot, do that in a domesticated setting.

For a very long time, the work place served as the man’s retreat.  Then the feminist movement came along and women decided they could have it all… including the heart attacks, ulcers, nervous breakdowns, alcoholism and everything that goes with the workplace, and they chose that over their families. The invasion on the man’s retreat was on and it was overwhelming.

The office known as “Personnel” was suddenly changed to “Human Resources” and diversity in the workplace was near complete.

But… not quite so in American society.  The Military was next. Man’s last retreat from curtains and all forms of domesticity was invaded and defeated. Again In the name of diversity. Now we have homosexuals serving openly in our military and women serving in combat positions in war zones.  Both have had, and will continue to have, a deleterious effect upon the readiness and effectiveness of the US military, which is already in a devastating state of decline.

Now, diversity and multiculturalism feed off each other and they both feed off Political Correctness. How is that, you may ask?

Well, if we clear the fog of political correctness away for a brief moment, we can see that multiculturalism is bad for the country.  It has robbed us of our identity.  Diversity has robbed us of our homes and families… and robbed us of our places in society.  Male and female have morphed into one sex now. And again, we have lost our identity.   Even the forced injection of different races into each other’s cultures, in the name of diversity, has robbed all races of their distinct identity. So we invented hyphenated names to try to identify who we are.  But… it doesn’t work. 

When a people lose their identity they are doomed.  Americans no longer have an identity, therefore, we are doomed.  We have consigned ourselves to the ash heap of history as nothing more than a footnote. 

Why can’t we see this?  Because Political Correctness has laid the cloak of the Big Lie over everything and we dare not question any of it because that would be… you guessed it… Politically Incorrect.

And so… we are lost. We don’t know who we are anymore, we don’t know where we are anymore, and we don’t even know how we got here.  We don't know where we are going because we don't know where we have been. We have become a sorry, pathetic lot, a blight upon the land that once was home to a proud American people who shared a single American culture melded together from the many cultures of the LEGAL immigrants who chose to come to these shores to become Americans themselves and not just to establish a "forward position" for the country of their origin.

So how can we change it?  We can’t.  You can’t unring a bell. You cannot re-instate virginity.  Like the loss of virginity, the loss of identify is permanent.  It can never be recovered. We’re stuck!

The US has succumbed to that fatal disease which strikes all great nations and brings them their knees.  Guilt.

I mean, heck, we can’t even fight a successful war anymore for fear that we will hurt the enemy. And we feel guilty for, well, something or other. The left will certainly fill in the blank for us.

Mark what I say here:  Within the next three decades, there will be another civil war on this continent. There MUST be.  There MUST be a dominant culture established once again. Only the Lord knows what that culture will be but, for certain, whatever it turns out to be -- it will certainly be better than the "Franken-culture" from which America is suffocating today.   With apologies to Mary Shelley, America is truly the Modern Prometheus.

It was approximately eighty years between the Revolutionary War and the first American civil war.  It took around thirty years for the populace to become enflamed enough to take up arms against each other. Modern America is already well into the inflammation period.  Talk of such a conflagration is already in the air.  Once that threshold is crossed over, there can be little doubt actual confrontation and conflagration will follow. 

All of this will occur because we did not have the common sense to control our borders.  Without borders, there is no such thing as a "nation."  We will learn that lesson. but it will be too late as it is already too late.  

Like those 102 frightened, but determined, souls who left their country in search of a new beginning, the Pilgrims, we are going to have to  begin anew.  Like it or not, it will be thrust upon us.  We cannot count on the government for, as any fool can plainly see, the current government is on it's last legs even now and will soon succumb.

We long since passed through that proverbial crossroads.  We made our decision, we chose our route,  and now we must pay the toll.  Unfortunately the monetary exchange, the coinage, if you please,  may well be the blood of our children and grandchildren.

The great shortcoming of democracy is that it almost always succumbs to suicide.  It raids its own treasury, it makes decisions about momentous issues blithely. and with little, if any, forethought.  Like a blind giant it stumbles over its own mistakes  until it trips and falls. America has tripped and IS falling.

I do not write these words joyously.  They are painful and bitter as bile. Nevertheless, I believe them to be a true assessment of our immediate past -- and -- our immediate future.

"A house divided against itself cannot stand." A truism spoken by Christ Himself and echoed many times down through the centuries.  It is no less true today when applied to a divided America.

America's house WILL fall : " ... and great will be the fall thereof."

From a shining city on a hill to a cesspool in a swamp we de-constructed our own dreamland and created, instead -- a nightmare landscape.

A nation's culture reflects the heart, soul, mind, and faith of that nation's people.  America's culture has been lost within a maze, a cacophony of cultures, a multitude of cultures, a multicultural miasma, a vapid, noxious, odiferous, maelstrom of all things intensely bad and undesirable.

America is the modern day -- Sodom and Gomorrah.   We shall, too, share the fate of that wicked congregation of reprobates.  There is no escape.  We have closed and locked all exits. We have sealed our end.

Yes, I know this is a dark commentary on America's end.  It was intended thus.   Many who read this will, no doubt, think --  finally, someone is expressing my thoughts, my concerns for my country, my unease about America's future.  And I sincerely hope that I have.  For we must face our dilemma head on, to cut through the fog of lies and finally see that we are called upon to make a choice between equally unfavorable options. To do nothing is no longer acceptable.

Soon we will be called upon to endeavor a rescue of America. It will be a futile effort. One can only rescue those who wish to be rescued. There will be two fall back positions:  One: -- to do nothing,  accept defeat and wash our hands of the whole affair, or two: -- fight to establish a NEW America, not rescue the old, for it will be gone. 

As far-fetched as all this may seem, I am convinced of its veracity.  As a student of history, the record of humanity's past serves as a road map to the future. When one looks objectively at that road map, America's route into the future is plain to see.

The question, then is -- will we be up to the challenge.  Frankly, I am not optimistic.

J. D. Longstreet

GOP Will Bring Amnesty Back After Election ... J. D. Longstreet

GOP Will Bring Amnesty Back After Election   ...   J. D. Longstreet
GOP Will Bring Amnesty Back After Election
A Commentary by J. D. Longstreet

****************
They've lost what little trust I had in them.  The Establishment Republicans in the US House of Representatives, I mean.

Let me be clear.  If the GOP manages to pass amnesty for illegal aliens through the House of Representatives before November of 2016, they will have to ram it down the throats of the conservative base.  If they are prepared to do that, then we invite then to, by all means, go for it.  But they should be prepared to assume minority party status in a three party system afterwards.

I say that because conservatives are preparing to bolt the party and wipe the dust of the GOP off their feet on the way out. 

If the conservatives pull out, you can stick a fork in the GOP, for it will be done.

It's time also for the Tea Party to begin throwing it's considerable weight around.  I would respectfully suggest that the Tea Party leaders need to huddle and come up with new plans to further the conservative cause within the GOP and the Congress as a whole.   We all know where "nice guys" finish.

In an article entitled: "Memo to Conservatives: Republicans Aren’t Your Friends"  authored by Matthew Vadum at Canada Free Press, Mr. Vadum says the following:  "Republicans are nice people.  Too many Republicans think it’s wrong to criticize other Republicans. This failure to be forthright has had consequences.  It has allowed the Republican Party to take up political space it has no business occupying as it embraces left-wing statist tyranny.  Much of the time, the GOP is merely Democrat-lite.

House Speaker John Boehner (R-Ohio) and Senate Minority Leader Mitch McConnell (R-Ky.) are so dangerously out of touch and out of control nowadays in part because other Republicans have allowed them to get that way.  Boehner and McConnell regard conservatives as a nuisance to be overcome, co-opted, subverted, and if necessary, eliminated.

A new way of thinking is required."  -- SOURCE:  http://canadafreepress.com/index.php/article/61027?utm_source=twitterfeed&utm_medium=facebook 

I could not agree more with Mr. Vadum.  It is time for the Tea Party to say to the establishment republicans:  "You owe us -- BIG TIME -- and we are here to collect!   No more relegation to the back benches of the House or Senate. We want committee chairs and positions on committees and any other power position within which conservatives can boost the conservative agenda."

I left the Republican Party after approximately 50 years as a registered Republican. I left for two reasons -- the GOP's swing to the left and the manner in which the establishment Republicans continued to treat conservative Republicans -- to wit -- as if conservatives were the red-headed step child.

Again, I agree with Mr. Vadum when he says: "The time has come for conservatives in the Republican Party to stop being nice.  RINOs Karl Rove (who nearly lost George W. Bush the presidency twice), Boehner, McConnell, and the rest of the GOP congressional leadership have declared war on the Tea Party, the same movement to which the Republican Party owes its continuing existence.  Boehner would not be speaker of the House if the Tea Party hadn’t boosted the GOP in 2010 and 2012."  -- SOURCE:  http://canadafreepress.com/index.php/article/61027?utm_source=twitterfeed&utm_medium=facebook

Some claim the GOP establishment have declared war against the Tea Party.  If that is true, they should be aware they will lose.  See, the Tea Party IS the grassroots of the Republican Party.  That means the establishment will be pitted against the base, the foundation of their party and any damage done will be to themselves and not to the conservative base.

I am still convinced the GOP plans to pass Amnesty ... "Comprehensive Immigration Reform" SOON.  It appears we conservatives may have momentarily frightened them away from action before the November elections.  However, I feel certain they will revive the issue and pass some form of Amnesty -- quickly -- after the November election. 

The indications are there:  "The Department of Homeland Security is already preparing to implement immigration reform legislation, according to DHS Secretary Jeh Johnson.

“When reform legislation is enacted, DHS must be prepared to implement reform. So to prepare for this potential outcome, I have already directed the deputy director of homeland security to coordinate the process to ensure we are ready to implement the law,” Johnson said Friday at the Woodrow Wilson International Center, during his first major policy address since becoming DHS’s fourth secretary." -- SOURCE:  http://dailycaller.com/2014/02/07/jeh-johnson-dhs-already-preparing-to-implement-immigration-reform/#ixzz2smHFmUBY
  
And then there is this:  "National Review Online reached out to Goodlatte’s (Bob Goodlatte R., Va., chairman of the House Judiciary Committee) office several times regarding the drafting of new legislation, the possibility of that legislation being drafted this year, and whether or not Chairman Goodlatte had ruled out that possibility. The responses from a committee aide suggest that he hasn’t."

The article at National Review Online continues:  "It’s understandable, of course, for politicians to keep their options open. But it also underscores the point that the media doom and gloom surrounding immigration reform in the House is entirely overblown."

We recommend you read the entire article at National Review Online at: http://www.nationalreview.com/corner/370641/goodlatte-wont-rule-out-new-immigration-legislation-andrew-stiles

America desperately needs a two-party system rather than the one and-a-half party system we have now.  We can't do that as long as the GOP is riven in twain as it is today.

America stands at a critical moment in its history and now is not the time for division, derision, and/or contemptible conduct to weaken the resolve of those who wish to conduct the nation back towards its constitutional foundation.

Sadly, if the GOP cannot pull itself together, then there appears no recourse except that which allows for conservatives to split from the party -- and found a party of their own.  At the moment it may appear the least appealing, but it may, in the long run, save the nation.

It is an  exasperating situation for those of us who dwell on the political right.  With a resounding victory at hand, one we can almost taste, to have the engine that drives our conservative train faltering when the finish line is in sight is immeasurably frustrating. 

If I could grasp the GOP by the shoulders, I'd shake the heck out of them and exclaim in their collective faces:  "Pull it together, people!"  

A final reminder:  If the GOP is truly serious about ridding itself of conservatives, Tea Party and otherwise, then all they need do is pass any form of immigration reform that allows a so-called pathway for citizenship -- amnesty -- for the illegal aliens within our borders.

When the southern border with Mexico is secured, THEN and only THEN can we seriously look at immigration reform. 

Look.  Two hundred years before Christ walked this earth, the Chinese began building a wall that eventually stretched 13,170 miles long and across 15 provinces.  America can place a man on the moon, a robot on Mars, and a telescope in space that (they tell us) has the potential of seeing all the way back to the moment of creation -- but we can't seem to build a wall (or fence) only 1,954 miles long?

All that is needed is the political will to get the job done.  (Speaking of jobs ... how many jobs would building that wall create?)

J. D. Longstreet