The Real World News and Commentary – July 30, 2012

The Real World News & Commentary –
What the Mainstream Media Didn’t Show You Today

Created by Roy Perlmutter July 30 2012

“By standards, the amount of liquidity that’s around the globe should be hyperinflationary. It is not. It is because when Bernanke flies over your house and drops millions of dollars in fresh cash on your lawn, you are so terrified you pick it up and store it in the garage. They’ve got to find a way to unlock all of that liquidity in the garages around the globe. … This is a very, very different time than virtually anything we’ve seen before.”
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/7/28_Art_Cashin.html

2010 ACADEMY AWARD® NOMINEE- BEST DOCUMENTARY FEATURE

Kissinger: Obama Will Create A New World Order

Avatar Trailer The Movie (New Extended HD Trailer)

2007: Mineral Resources of Afghanistan (U.S. Geological Survey)
http://pubs.usgs.gov/fs/2007/3063/

2010: JPMorgan Sends Mining Team To Afghanistan
http://www.huffingtonpost.com/2010/06/18/jpmorgan-mining-afghanistan_n_617987.html

2011: William Daley’s JP Morgan Stock: Obama’s Next Chief Of Staff Has Millions Invested
http://www.huffingtonpost.com/2011/01/10/william-daley-jp-morgan-stock_n_807161.html

2011: Obama Taps Daley for White House Chief of Staff

2011: J.P. Morgan’s hunt for Afghan gold
http://management.fortune.cnn.com/2011/05/11/jp-morgan-hunt-afghan-gold/

1921: The Teapot Dome Scandal

2005: JPMorgan Chase & Co., the third-largest U.S. bank, agreed Tuesday to pay $2.2 billion to settle a class-action lawsuit over its role in helping Enron Corp. engineer an accounting fraud that bilked investors out of billions of dollars.
http://www.gata.org/node/3373

2006:  JPMorgan Chase & Co., the nation’s third-largest bank, has agreed in principle to pay $425 million to settle lawsuits accusing the institution — and dozens of other Wall Street underwriters — of manipulating the market for initial public offerings of stock.
http://www.gata.org/node/3994

2010: He went public in April 2010 with assertions of market manipulation by JPMorgan Chase and HSBC of the gold and silver markets,[1] prompting a number of lawsuits,[2] including a class action lawsuit.[4] Maguire said “JPMorgan acts as an agent for the Federal Reserve; they act to halt the rise of gold and silver against the US dollar. JPMorgan is insulated from potential losses (on their short positions) by the Fed and/or the U.S. taxpayer.”
http://en.wikipedia.org/wiki/Andrew_Maguire_%28whistleblower%29

2011: Identities of JP Morgan Silver Manipulators Exposed
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/9/16_Identities_of_JP_Morgan_Silver_Manipulators_Exposed.html

2011: JP Morgan Will Pay $153.6 Million for Mortgage Fraud
http://www.theatlanticwire.com/business/2011/06/jp-morgan-will-pay-1536-million-mortgage-fraud/39080/

2011: JPMorgan Chase to settle bid-rigging allegations for $211 million
http://articles.latimes.com/2011/jul/08/business/la-fi-jpmorgan-bid-rigging-20110708

2012:  JPMorgan Cassino Settlement Shows Derivatives Failed Taxpayers
http://www.bloomberg.com/news/2012-04-11/jpmorgan-cassino-settlement-shows-derivatives-failed-taxpayers.html

2012:  Ohio Files Motion to Lead JPMorgan ‘Whale’ Fraud Suit
http://www.businessweek.com/news/2012-07-14/ohio-files-motion-seeking-to-lead-jpmorgan-whale-fraud-suit

2012:   Chase also entered into a $722 million settlement with the government over its behavior in Jefferson County, Alabama, where the bank essentially bribed local officials to take on onerous swap deals that left the county in debt until the next millenium.
http://www.rollingstone.com/politics/blogs/taibblog/gangster-banks-keep-winning-public-business-why-20120322

2012:  A big hedge fund might be intentionally targeted by privileged Wall Street syndicated bank operators for a kill, with the fund’s unwanted positions liquidated, but its desired positions in need of protection seized by JPMorgan.
http://news.goldseek.com/GoldenJackass/1216926713.php

2012:  JPMorgan losses clip banks’ efforts to fight derivatives reform
http://news.yahoo.com/jpmorgan-losses-clip-banks-efforts-fight-derivatives-reform-174839469–sector.html

2012:  Did Bank Regulators Miss J.P. Morgan’s Risky Behaviors?
http://www.usnews.com/debate-club/does-the-jp-morgan-loss-prove-the-need-for-tougher-bank-regulations/did-bank-regulators-miss-jp-morgans-risky-behaviors

1895: The ‘Morgan Bonds’
http://projects.vassar.edu/1896/morganbonds.html

 

Cartoons

http://media.theweek.com/img/dir_0077/38894_cartoon_main/jpmorgans-punishment.jpg?106

http://media.theweek.com/img/dir_0077/38842_cartoon_main/jpmorgan-expands.jpg?106

http://cdn.theatlanticwire.com/img/upload/2012/05/15/wpnan120515.gif

http://www.herkimertelegram.com/opinions/columnists/x1266607223/Granlund-cartoon-JP-Morgan-Chase-Wall-Street?photo=0

 

Although J.P. Morgan didn’t control the world, he certainly was one of its wealthiest residents by the early 20th century. Morgan had built his fortune on railroads, banking, and steel, often employing ruthless tactics to conquer rivals.
http://www.kshs.org/p/cool-things-antitrust-cartoon/15775

 

2012:  Jamie Dimon Still Thinks He’s Master of the Universe
http://www.theatlanticwire.com/business/2012/06/jamie-dimon-still-thinks-hes-master-universe/53702/

Alison Krauss – The scarlet tide
http://www.youtube.com/watch?v=Kwl08VdIeFs

Alan Jackson – Little Bitty
http://www.youtube.com/watch?v=Eo2OIUpWznY