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B4 The Bell, Thursday May 20


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Looks like Chalabi is not needed anymore.

 

BAGHDAD, Iraq (CNN) -- U.S. military personnel and Iraqi police have raided the compound of the Iraqi National Congress and the nearby home of Iraqi Governing Council member Ahmed Chalabi.

 

Chalabi's nephew, Salim Chalabi, said the forces entered his uncle's home, put a gun to Chalabi's head and threatened him.

 

http://www.cnn.com/2004/WORLD/meast/05/20/...raid/index.html

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Looks like Chalabi is not needed anymore.

 

BAGHDAD, Iraq (CNN) -- U.S. military personnel and Iraqi police have raided the compound of the Iraqi National Congress and the nearby home of Iraqi Governing Council member Ahmed Chalabi.

 

Chalabi's nephew, Salim Chalabi, said the forces entered his uncle's home, put a gun to Chalabi's head and threatened him.

 

http://www.cnn.com/2004/WORLD/meast/05/20/...raid/index.html

Its all Bullish.

 

Al Leeson is bigger than all markets, able to move the futures and get the Greyhounds moving in any direction he wants.

 

Looks like another Jam Job into expiration.

 

I'm staying out of the way.

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Baffle them with BS

 

that's the present strategy to propel Whipsaw theory and keep all traders off balance.

 

Yield rising? Launch the bad jobs number!

 

Oil dropping? Reverse it!

 

Gold Breaking out? Crush it!

 

Expect massive reversals today.

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U.S. new jobless claims rise as 4-week average falls ....

Economists prefer the four-week average to the more volatile weekly number, which is subject to large revisions.

I'm sure that the only reason the weekly number is subject to revisions is the difficulty of measuring accurately in a short timeframe. :lol: :lol: :lol:

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Looks like Chalabi is not needed anymore.

 

BAGHDAD, Iraq (CNN) -- U.S. military personnel and Iraqi police have raided the compound of the Iraqi National Congress and the nearby home of Iraqi Governing Council member Ahmed Chalabi.

 

Chalabi's nephew, Salim Chalabi, said the forces entered his uncle's home, put a gun to Chalabi's head and threatened him.

 

http://www.cnn.com/2004/WORLD/meast/05/20/...raid/index.html

He's going to need to get dead real soon. Just imagine how many direct phone calls he had with Cheney's office prior to the war to gin up the "cause."

 

He's a dead man.

 

If anybody needs proof of the Cheney-led march to war and the REAL STORY, they'd better get the Red Cross in there right away.

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Looks like Chalabi is not needed anymore.

 

BAGHDAD, Iraq (CNN) -- U.S. military personnel and Iraqi police have raided the compound of the Iraqi National Congress and the nearby home of Iraqi Governing Council member Ahmed Chalabi.

 

Chalabi's nephew, Salim Chalabi, said the forces entered his uncle's home, put a gun to Chalabi's head and threatened him.

 

http://www.cnn.com/2004/WORLD/meast/05/20/...raid/index.html

Its all Bullish.

 

Al Leeson is bigger than all markets, able to move the futures and get the Greyhounds moving in any direction he wants.

 

Looks like another Jam Job into expiration.

 

I'm staying out of the way.

At least the $4-mil stipend was stoped :D but it may cost $5-mil for another sob. :rolleyes:

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Morning Crew- It is this SIMPLE the Markets are standing on the edge of the Abyss-above 1094 and they step back from the edge, below 1083 they fall into the abyss. Window at the Bell for 45 minutes-Helmets on Gentleman-start your engines. ;)

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On Housing there are bigger implications than the damage rising rates will do. The Bubble has increased the assessed value of homes to record highs which has driven up property taxes which in turn has provided cash starved Cities, Counties, Provinces etc with windfall revenue to keep them afloat. Now when prices fall and assessed values fall so does their tax revenues. That will Bankrupt local Government or reduce services drastically. Garbage pick-up once a month?? Coming to a theatre near you!

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On Housing there are bigger implications than the damage rising rates will do. The Bubble has increased the assessed value of homes to record highs which has driven up property taxes which in turn has provided cash starved Cities, Counties, Provinces etc with windfall revenue to keep them afloat. Now when prices fall and assessed values fall so does their tax revenues. That will Bankrupt local Government or reduce services drastically. Garbage pick-up once a month?? Coming to a theatre near you!

Yep, they squeezing many families to be sure. And everyone is on a "don't

pay for 12 months plan." Mortgages, leased cars, furniture and plasma screens,

John Deere's, Home Depots, on and on. Line of credits likely to the max. When the

air conditioning is on this summer and the hydro bills start coming in there

will be a wake up call. Then toss in gas and payroll health care deduction,

HELLO. This could become very ugly. and then their is the jobless rate rising...

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