TEA PARTIES NEED TEETH

By Dr. Edwin Vieira, Jr., Ph.D., J.D.
November 17, 2009

NewsWithViews.com

[The following is the full text of an address presented to the National Heritage Center for Constitutional Studies at its 2009 Constitution Day conference.]
The Tenth-Amendment Resolutions from State Legislatures, the Tea Parties, the Town Hall Meetings, and other manifestations of WE THE PEOPLE’S feedupidness with monkey-business as usual in the Disgrace of Columbia—even the massive congregation on the Mall last September—are some of the most enlightening, encouraging, and energizing developments that American patriots have witnessed in a long time. For these events are all premised on the idea: “We don’t want you!”—that WE THE PEOPLE do not want any more, indeed they demand a great deal less, interference in their lives from rogue public officials in the General Government.
These events notwithstanding, the problem remains that too many among WE THE PEOPLE will start but then stop right there, with “We don’t want you!” That is not enough.
The complaint “We don’t want you!” needs to go further, to the resolve, “We won’t have you!” — that WE THE PEOPLE intend to rid themselves of the General Government’s interference.
And to make this resolve effective, WE THE PEOPLE need to design and put into effect remedial action, so that they can say with finality: “We don’t need you!”
The sequence must be—
(i) We don’t NEED you!” which makes it realistic to say:
(ii) We don’t WANT you!” which combined with the ability to make WE THE PEOPLE’S wants effective will lead to the necessary and sufficient action:
(iii) We won’t HAVE you!” and finally will yield the desired result:
(iv) We are RID of you!”
If WE THE PEOPLE have the ability they can give “teeth” to the desire, take the necessary action, and thereby accomplish their goal.
But what will all of this require?
• WE THE PEOPLE need to create actual workable institutions that take advantage of the political and legal position THE PEOPLE hold—i.e., as the ultimate sovereigns.
• WE THE PEOPLE need to create actual workable institutions that take advantage of the economic resources THE PEOPLE command—that THE PEOPLE are the true source of all real wealth in this country, and are in actual physical possession of most of it.
True enough, the Establishment holds bundles of paper claims to wealth, many (if not most) of them generated through the unconstitutional Federal Reserve System. But the insuperable problem for the Establishment will be how to collect on those claims if WE THE PEOPLE simply refuse to honor them. Anyone in the paper-currency racket who doubts that these claims can be declared unenforceable should read the Supreme Court’s decision in Craig v. Missouri, 29 U.S. (4 Peters) 410 (1830).
• WE THE PEOPLE need to create actual workable institutions that are politically, economically, and legally independent of the General Government:

Institutions that can compete with the faulty and fraudulent mechanisms that rogue officials in the General Government have foisted on this country in the key areas of economic and political control, particularly in the areas of (i) money and banking and (ii) what is called “homeland security”.

Institutions that can replace these fraudulent control-mechanisms with proper means to “establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity”. And
Institutions that will enable WE THE PEOPLE to defend themselves against retaliation from rogue officials in the General Government and from the private centers of multinational economic power.
In sum, WE THE PEOPLE must combine their economic resources and abilities with political and legal authority in large-scale organizations that will reflect the power inherent in numbers.
This cannot be done by or through the General Government at the present time, because the General Government is the main locus of this country’s problem, not the source of any solution for them.
It cannot be done through political parties, because parties (along with other factions and special-interest groups) are the control-mechanisms in the “divide and conquer” strategy the Establishment employs to prevent WE THE PEOPLE from asserting their political sovereignty in their own interest.
It cannot be done by individuals or private groups alone, primarily because: (i) private individuals and groups enjoy no independent legal authority; and (ii) there is probably no way to create a sufficiently large and effective private operation in any State, let alone throughout the entire country, in time.
It cannot be done by the State governments alone, because it is not simply a political question of governmental finance and administration, but will require a revamping of the entire private economies in each State, too.
Therefore, it will require both (i) participation by the State governments, because they have the legal authority and the ability to mobilize people in sufficient numbers, and (ii) mass action by WE THE PEOPLE as a whole.
The only establishment or institution that combines all of these elements is “the Militia of the several States”, the “well regulated Militia” that the Second Amendment tells us are “necessary to the security of a free State”.
But a true constitutional “well regulated Militia” exists in not one State in this Union today.
So, WE THE PEOPLE need to revitalize “the Militia of the several States” in order to regain and retain popular control over State governments, and through them to regain and retain control over the two fundamental powers of sovereignty: (i) the Power of the Purse—i.e., currency and credit, and (ii) the Power of the Sword—i.e., community self-defense.
Revitalization of the Militia will enable WE THE PEOPLE to exercise community self-reliance and ultimately true self-government in “a free State” with a sound free-market economy.
Americans need to combine all of the following elements in a single plan for mass action:
1. Revitalization of “the Militia of the several States”.
·The Second Amendment instructs every American that “[a] well regulated Militia” is “necessary to the security of a free State”—not just “useful”, and certainly not “optional”, but “necessary”. And not “necessary” in only some general sense, but specifically with respect to “the security of a free State”—which means that, according to “the supreme Law of the Land” itself, the very survival of constitutional freedom in this country depends upon the Militia.
The Constitution identifies no other establishment, institution, or entity as “necessary” for this vital purpose, or for any other purpose.
So why is not revitalization of the Militia, immediately if not sooner, “job one” on the agenda of every constitutionalist? How can patriots continue to deny in their actions what the Constitution tells them is “necessary” for the maintenance of constitutional government? Americans may say that they have faith in the Constitution—but faith without works is dead; and the Constitution is not self-executing.
·The purpose of revitalizing the Militia is to combine all the elements of each State’s “homeland security”—including police, emergency response, and so on—under the Militia, in order to obviate “top down” control by the police-state apparatus being set up through the Department of Homeland Security in Washington, D.C., and its various satellites, transmission-belts, and fellow travelers around the country. Revitalization of the Militia will return control to whom it belongs, in the hands of WE THE PEOPLE directly, with:

The following is a letter from a 95 year old veteran to Pres Obama. Many veterans I know feel much the same way as Harold does.

   WW II Battleship sailor tells Obama to shape up or ship out !

This venerable and much honored WW II vet is well known in Hawaii for his seventy-plus years of service to patriotic organizations and causes all over the country. A humble man without a political bone in his body,he has never spoken out before about a government official, until now.He dictated this letter  to a friend, signed it and mailed it to the president.

Dear President Obama,  
            
My name is Harold Estes, approaching 95 on December 13 of this year.  People meeting me for the first time don't believe my age because I remain wrinkle free and pretty much mentally alert.

I enlisted in the U.S. Navy in 1934 and served proudly before, during and after WW II retiring as a Master Chief Bos'n Mate.  Now I live in a "rest home" located on the western end of Pearl Harbor, allowing me to keep alive the memories of 23 years of service to my country.

One of the benefits of my age, perhaps the only one, is to speak my mind, blunt and direct even to the head man. So here goes.

I am amazed, angry and determined not to see my country die before I do, but you seem hell bent not to grant me that wish. I can't figure out what country you are the president of.You fly around the world telling our friends and enemies despicable lies like:          
" We're no longer a Christian nation"          
" America is arrogant" - (Your wife even announced to the world,"America is mean-spirited. " Please tell her to try preaching that nonsense to 23 generations of our war dead buried all over the globe who died for no other reason than to free a whole lot of strangers from tyranny and hopelessness.)

I'd say shame on the both of you, but I don't think you like America, nor do I see an ounce of gratefulness in anything you do, for the obvious gifts this country has given you.  To be without shame or gratefulness is a dangerous thing for a man sitting in the White House.

After 9/11 you said," America hasn't lived up to her ideals."

Which ones did you mean? Was it the notion of personal liberty that 11,000 farmers and shopkeepers died for to win independence from the British?  Or maybe the ideal that no man should be a slave to another man, that 500,000 men died for in the Civil War?  I hope you didn't mean the ideal 470,000 fathers, brothers, husbands, and a lot of fellas I knew personally died for in WWII, because we felt real strongly about not letting any nation push us around, because we stand for freedom.

I don't think you mean the ideal that says equality is better than discrimination.  You know the one that a whole lot of white people understood when they helped to get you elected.

Take a little advice from a very old geezer, young man. Shape up and start acting like an American.  If you don't, I'll do what I can to see you get shipped out of that fancy rental on Pennsylvania Avenue.  You were elected to lead not to bow, apologize and kiss the hands of murderers and corrupt leaders who still treat their people like slaves.

And just who do you think you are telling the American people not to jump to conclusions and condemn that Muslim major who killed 13 of his fellow soldiers and wounded dozens more. You mean you don't want us to do what you did when that white cop used force to subdue that black college professor in Massachusetts, who was putting up a fight?  You don't mind offending the police calling them stupid but you don't want us to offend Muslim fanatics by calling them what they are, terrorists.

One more thing.  I realize you never served in the military and never had to defend your country with your life, but you're the Commander-in-Chief now, son.  Do your job.  When your battle-hardened field General asks you for 40,000 more troops to complete the mission, give them to him.  But if you're not in this fight to win, then get out.  The life of one American soldier is not worth the best political strategy you're thinking of.

You could be our greatest president because you face the greatest challenge ever presented to any president. You're not going to restore American greatness by bringing back our bloated economy.  That's not our greatest threat.  Losing the heart and soul of who we are as Americans is our big fight now.And I sure as hell don't want to think my president is the enemy in this final battle.

Sincerely,
Harold B. Estes

When a 95 year old hero of the "the Greatest Generation"stands up and speaks out like this, I think we owe it to him to send his words to as many Americans aswe can. Please pass it on. 

The following IMO gives a very good over view of where we are at and things to come.


The Great Recovery Hoax of 2009-2010

By Marin D. Weiss, Ph.D.

There can be no debate that, in each of these episodes, things did go up: The Nasdaq soared before it crashed. The median price of U.S. homes skyrocketed before it collapsed. And now, the U.S. economy has reversed course - from four consecutive quarters of contraction to at least one quarter of expansion.

There also can be no doubt that these trends do not end overnight. They can continue for months - often plowing over skeptics and even exceeding the expectations of believers.

Most important, however, there can be no question that all three of these episodes have had one key element in common that ultimately self-destructs: Massive intervention, support, and free money from Washington.

To get a solid sense of how that's unfolding this time around, pay close attention to these three independent economists:

Jim Grant, Founder and Editor,
Grant's Interest Rate Observer

Jim Grant, originator of the "Current Yield" column in Barron's and founder of Grant's Interest Rate Observer, demonstrates not only that today's recovery is bought and paid for by Washington ... but also that the relative size of Washington's intervention is even larger than you might think.

In the ten prior U.S. postwar recessions, the government responded, on average, with fiscal stimulus of 2.6 percent of GDP plus monetary stimulus of another 0.3 percent of GDP.
Combined stimulus: only 2.9 percent of GDP.

In contrast, during the current recession, the government has counter-attacked with fiscal stimulus amounting to an estimated 18 percent of GDP ... plus monetary stimulus of an estimated 11.9 percent of GDP.
Combined stimulus: a whopping 29.9 percent of GDP.
That's an unprecedented - and unimaginable - ten times more than the average stimulus of prior recessions.

Grant's comparison of today's government stimulus with that of the Great Depression is even more striking:

He points out that, in the early 1930s, GDP fell 27 percent, while the government responded with monetary and fiscal stimulus adding up to 8.3 percent of GDP.
Thus, using Grant's numbers, I calculate that, for each percentage point our economy contracted, the U.S. government came forward with 0.31 percentage points of stimulus.

In contrast, in the current recession, U.S. GDP contracted 1.8 percent (at the time of Grant's study) ... while, as we just noted, the government's stimulus has amounted to 29.9 percent of GDP.
Thus, for each percentage point that our economy contracted, the U.S. government has jumped in with 16.61 percentage points of stimulus.

Conclusion:

Relative to the disease, the government's "cure" for the Great Recession today packs 54 times more firepower than the government's response to the Great Depression of the early 1930s. And this does not even include trillions more in U.S. government guarantees to shore up the financial system.

Proponents of the government's intervention may try to convince you "this is what it takes to avoid another depression: We've got to attack the contagion with big guns!"

However, Grant worries, rightfully so, that the cure may be far worse than the disease:

"If it's taking this much to revive today's economy," he asks, "what kind of jolt might be necessary to succor tomorrow's? An even bigger shock, we surmise, if tomorrow's economy is no less encumbered than today's. But it's almost certain to be more encumbered, since the active ingredient of the Bush-Obama palliative is credit formation, the very hair of the dog that bit us. Skipping down to the bottom line, we renew our doubts as to the staying power of the paper currencies and to the creditworthiness of the governments that print them."1

John Williams, Founder and Editor,
Shadow Government Statistics

John Williams is the economist who has single-handedly and repeatedly poked big holes in the government's data that tracks price inflation, unemployment, money supply and the economy as a whole.

In his Shadow Government Statistics alert of October 29, he pokes an equally large hole in Washington's pitch that the third-quarter rise in GDP announced last week is "sustainable." His main points:

All U.S. recessions in the last four decades have had at least one positive quarter-to-quarter GDP reading, followed by a renewed downturn. This one could turn out to be no different.
The estimate of 3.5 percent annualized real growth for third-quarter GDP included a 1.7 percent gain from auto sales, a 0.6 percent gain from new residential construction, and a 0.9 percent gain from a largely-involuntary inventory buildup (caused by sales declines which are deeper than corporate planners expect).
In sum, these one-time stimulus or inventory items represented 92 percent of the reported quarterly growth.2
Chris Edwards, Director of Tax Policy Studies
Cato Institute

Chris Edwards - formerly a senior economist on the congressional Joint Economic Committee examining tax issues and currently a Director at the Cato Institute - exposes another gaping hole in the 3.5 percent growth reported by the government last week:

While the government's share of the economy has grown steadily ... the contribution from private investment has fallen through the floor.

He writes:

"The third quarter GDP numbers show that the economy is only starting to 'recover' because of growing government and expanding consumption, which has been artificially inflated by large government transfers.

"Business investment continues to be in a deep recession. Companies are simply not building factories or buying new machines and equipment.

"Why not? I suspect that many firms are scared to death of higher taxes, inflation, health care mandates, increased labor regulation, and other profit-killers coming down the road from Washington."3

Edwards goes on to say that it's too soon to speculate on underlying causes. But I would add that an equally bloody killer of private investment is the diversion of scarce credit from small and medium-sized businesses to wild-and-wooly Wall Street speculation, as Mike Larson has pointed out here week after week.

It's all part and parcel of the Great Recovery Hoax of 2009-2010.

Like the great bubbles of recent memory, it could continue. But it will ultimately end in disaster.

Multiple pivot type confluence seen once again. 27.2 PDMM is hit religiously every Asian session to only bounce it and reverse about 80-90% of the time.

Can you think of a way to trade this?

A combination of daily fib pivots and weekly floor pivots. Gotta love when confluence happens.

Another day the fib pivots have worked out in picture perfect form.
In this we see all during Asian session that the previous days pivot held as Res as FibPivot level 27.2 PDMM acted as Support. During London with a break of 27.2, price goes straight to 50 PDMM. It finds the 50 as Support and the 38.2 as Res. A break of 50 and we quickly ran to the 100 PDMM.

Another day the fib pivots are well respected.

In this pic you can see the 100 PDMM projected from the PDC is hit. Watch this VIDEO for a little narrative of this price action as today played out.

At 61.8 PMMM projected from CLOM.

This is an article from the London Telegraph. I just copied it over. Amazing how others view our Pres. Are they wrong? I don't think so. 

Subject: London Telegraph

You may want to ask yourself why we have to read these things in the
European press. No secret in England, Germany, France, or Italy what a
disaster we have become. A Socialist Europe finds the Marxist President
a global disaster yet our Magazines and Television ignore his recklessness.
===========================
London Telegraph
Barack Obama and the CIA: Why does President Pantywaist hate America so badly?
By Gerald Warner

If al-Qaeda, the Taliban and the rest of the Looney Tunes brigade want
to kick America to death, they had better move in quickly and grab a
piece of the action before Barack Obama finishes the job himself. Never
in the history of the United States has a president worked so actively
against the interests of his own people – not even Jimmy Carter.

Obama’s problem is that he does not know who the enemy is. To him, the
enemy does not squat in caves in Waziristan, clutching automatic weapons
and reciting the more militant verses from the Koran: instead, it sits
around at tea parties in Kentucky quoting from the US Constitution.
Obama is not at war with terrorists, but with his Republican fellow
citizens. He has never abandoned the campaign trail.

That is why he opened Pandora’s Box by publishing the Justice
Department’s legal opinions on waterboardi ng and other hardline
interrogation techniques. He cynically subordinated the national
interest to his partisan desire to embarrass the Republicans. Then he
had to rush to Langley, Virginia to try to reassure a demoralized CIA
that had just discovered the President of the United States was an even
more formidable foe than al-Qaeda.

“Don’t be discouraged by what’s happened the last few weeks,” he told
intelligence officers. Is he kidding? Thanks to him, al-Qaeda knows the
private interrogation techniques available to the US intelligence
agencies and can train its operatives to withstand them – or would do
so, if they had not already been outlawed.

So, next time a senior al-Qaeda hood is captured, all the CIA can do is
ask him nicely if he would care to reveal when a major population centre
is due to be hit by a terror spectacular, or which American city is
about to be irradiated by a dirty bomb.. Your view of this situation will
be dictated by one simple criterion: whether or not you watched the
people jumping from the twin towers.

Obama promised his CIA audience that nobody would be prosecuted for past
actions. That has already been contradicted by leftist groups with a
revanchist ambition to put Republicans, headed if possible by
Condoleezza Rice, in the dock. Talk about playing party politics with  ;
national security. Martin Scheinin, the United Nations special
investigator for human rights, claims that senior figures, including
former vice president Dick Cheney, could face prosecution overseas.
Ponder that – once you have got over the difficulty of locating the
United Nations and human rights within the same dimension.

President Pantywaist Obama should have thought twice before sitting down
to play poker with Dick Cheney. The former vice president believes
documents have been selectively published and that releasing more will
prove how effective the interrogation techniques were. Under Dubya’s
administration, there was no further atrocity on American soil after 9/11.

President Pantywaist’s recent world tour, cosying up to all the bad
guys, excited the ambitions of America’s enemies. Here, they realized,
is a sucker they can really take to the cleaners. His only enemies are
fellow Americans. Which prompts the question: why does President
Pantywaist hate America so badly?

Best regards, and be safe.

Bob Stewart

Joshua 6:10

"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - George Orwell

"To appeasers, rough men are coarse government tools. To rough men, appeasers are dumb delusional fools." - Russ Vaughn

"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." - Thomas Jefferson

We see in this pic the result of price hitting and finding Res yesterday at a larger swings 50% level. We find that by looking at the 4Hr chart with the monthly pivots. In the VIDEO MONTLY PIV you get an overview of what may come this month. In the VIDEO WEEKLY PIV you see the corrective range for the week. In the final VIDEO DAILY PIV  you see how price rejected the 50% Res level and quickly hit the 100 PDMM and eventually the 150 PDMM.

This is a very good example as to how and why I follow the multi time frame pivot levels and overall market structure. This view gives me a better idea of what I can expect each and every trading day.

100 PDMM projected from the CLOD. The daily close was above the daily pivot and above the weekly pivot, a high probability that the trend will be long.

Follow to the post showing the high hitting the 100 PWMM to the pip. Now a rejection of that level and new daily fib pivots applied and we have just hit 61.8 PDMM projected from the PDC.

We have just hit the 100 PWMM projected from CLOW. This is on the 6th trading day of the month. Will these be a short reversal level?

A perfect example of the fib pivots in action. Watch the VIDEO and see how it played out.

Well folks here it is. 
BORN IN THE USA?
Obama eligibility case survives 1st court test Judge hears arguments, refuses immediate dismissal demand

This goes to trial in Jan 2010

 

Article:   http://www.wnd.com/index.php?fa=PAGE.view&pageId=112015

This pic shows an inner trading day for Mon and Tues, Tues high reached the 100 PDMM from the previous day. This is often common when inner trading days happen. This VIDEO walks you through it.

This pic shows both an inner days fib pivot levels being hit and a larger controlling days fib pivots being hit. This VIDEO walks you through it.

Here is the update on the fib pivots. This VIDEO walks you though its action.

Hit 61.8 PDMM projected from CHOD in confluence with 61.8 retracement and daily S1.

Showing trigger window for long entry off of Support.

Watching 50 PDMM projected from CHOD in confluence with yesterdays pivot as support.

Breaks this still targeting yesterdays 100 PDMM @ 141.67. Next target at 141.33.

My entry off of the OSMA hook on 6 range chart.

This level is critical. If it holds, longer term reversal and long bias in play. If 61.8 PDMM from yesterday breaks, look to target 100 PDMM from yesterday in confluence with todays 50 PDMM.

This is the initial daily fib pivot setup for 10/06. This VIDEO walks you through the setup and price action for 10/05 and shows the fib pivots being applied to the charts just after New York close.

I will update and walk through it as the current day progresses. This should give a great example of the fib pivots in live forward trading.

This pic shows the weekly fib pivot setup and the initial range. This VIDEO walks you through the setup.

In this pic we are looking at setting up the PMMM to use for the current month. This VIDEO talks you though the setup.

This pic shows the Sept Fib Pivots and targets being hit. This VIDEO describes some of the action.

This pic is an example of the fib pivot strategy applied using the monthly levels on the GBPJPY 4Hr chart. This VIDEO walks you through the month.

This is a  short video showing and explaining the use of fib pivots for EURUSD 10/5/09 today.

This video on daily Market Structure shows the use of fib pivots using the PDMM (Previous Day Measured Move). There are many examples of this happening day after day.

The following is something I read about the first results regarding the H1N1 flu vaccinations. I cannot confirm or deny this but take it for what it says and its links.

Courtesy of Bob Chapman of The International Forecaster Subject: Vital data about US Navy results of swine flu vaccine on ship Data gleaned indirectly from anonymous testimony of Navy wives of the affected crew via the internet radio show A Marine Disquisitionhttp://www.clipser.com/watch_video/1362067 : 1. Unnamed US Navy vessel put to sea in April with 347 man crew. 2. Entire crew was vaccinated with H1N1 Swine Flu vaccine shortly after they put to sea. 3. Crew sickened so severely that other ships had to respond to render aid. 16 Medical Dr.s put aboard from an unnamed aircraft carrier and other responding vessels. Total of 50 Navy personnel sent aboard to respond to crisis. 4. Two of the crew of 347 died – including the Captain of the ship (a Lieutenant Commander) and a Chief Petty Officer.. 5. 50 personnel sent aboard to help are quarantined in Navy hospital in Balboa, Spain after 10 of them caught the flu from the ship’s crew. Two of the 50 quarantined are in serious condition at last report. 6. Of the 347 man crew that were vaccinated, 333 contracted the H1N1 flu FROM THE VACCINE. Two died, as mentioned above, and 331 survived. Only 14 of the 347 vaccinated sailors did not show any ill effects from the vaccine. 7. Navy has threatened all the spouses of the ship’s crew to remain silent – claiming all this information is classified. Some are whistle-blowing and that is where this information is coming from. 8. On the unnamed aircraft carrier that provided assistance, 415 sailors contracted the swine flu and are currently quarantined onboard. PLEASE pass this email along. The truth is that the swine flu epidemic will be created BY THE VACCINE. If we don’t take it, there will be no epidemic.  From this one test it’s apparent that the vaccine as tested on that ship’s crew in April is 96% effective at infecting the recipient with swine flu. Such an infection rate is impossible to achieve by any natural means. Though it only killed 1% immediately, there is no telling what the long term effects on those injected with the vaccine will be. See the research on the long term effects of the 1976 swine flu vaccine, and the Gulf War anthrax vaccine programs for more information. Also note that mere contact with those that have been vaccinated creates a 20% chance of you contracting the swine flu even if you have not been vaccinated. Please pass this data along to anyone you care about! http://www.cbsnews.com/stories/2009/07/21/health/main5177494.shtml http://www.resistnet.com/profiles/blogs/navy-soldiers-are-dying-from

Dr. Sam Vaknin is an Israeli psychologist.  He has written extensively about narcissism and has an interesting view on our new president.

Dr. Vaknin States "I must confess I was impressed by Sen. Barack Obama from the first time I saw him.  At first I was excited to see a black candidate.  He looked youthful, spoke well, appeared to be confident - a wholesome presidential package.  I was put off soon, not just because of his shallowness but also because there was an air of haughtiness in his demeanor that was unsettling.  His posture and his body language were louder than his empty words. Obama's speeches are unlike any political speech we have heard in American history.  Never a politician in this land had such quasi "religious" impact on so many people.  The fact that Obama is a total incognito with zero accomplishment makes this inexplicable infatuation alarming. Obama is not an ordinary man.  He is not a genius. In fact he is quite ignorant on most important subjects.."
Barack Obama is a narcissist.
Dr.. Sam Vaknin, the author of the Malignant Self Love believes that, †Barack Obama appears to be a narcissist."  Vaknin is a world authority on narcissism.  He understands narcissism and describes the inner mind of a narcissist like no other person.  When he talks about narcissism everyone listens.  Vaknin says that Obama's language, po sture and demeanor, and the testimonies of his closest, dearest and nearest suggest that the Senator is either a narcissist or he may have narcissistic personality disorder (NPD).  Narcissists project a grandiose but false image of themselves.  Jim Jones, the charismatic leader of People's Temple, the man who led over 900 of his followers to cheerfully commit mass suicide and even murder their own children was also a narcissist.  David Koresh, Charles Manson, Joseph Koni, Shoko Asahara, Stalin, Saddam, Mao, Kim Jong Ill and Adolph Hitler are a few examples of narcissists of our time.  All these men had a tremendous influence over their fanciers.  They created a personality cult around themselves and with their blazing speeches elevated their admirers, filled their hearts with enthusiasm and instilled in their minds a new zest for life.  They gave them hope!  They promised them the moon, but alas, invariably they brought them to their doom.  When you are a victim of a cult of personality, you don't know it until it is too late..  One determining factor in the development of NPD is childhood abuse.
"Obama's early life was decidedly chaotic and replete with traumatic and mentally bruising dislocations," says Vaknin.  "Mixed-race marriages were even less common then.  His parents went through a divorce when he was an infant (two years old).   Obama saw his father only once again, before h e died in a car accident.   Then his mother re-married and Obama had to relocate to Indonesia , a foreign land with a radically foreign culture, to be raised by a step-father.  At the age of ten, he was whisked off to live with his maternal (white) grandparents.   He saw his mother only intermittently in the following few years and then she vanished from his life in 1979.  She died of cancer in 1995".
One must never underestimate the manipulative genius of pathological narcissists.  They project such an imposing personality that it overwhelms those around them.  Charmed by the charisma of the narcissist, people become like clay in his hands..   They cheerfully do his bidding and delight to be at his service.   The narcissist shapes the world around himself and reduces others in his own inverted image.  He creates a cult of personality.  His admirers become his co-dependents.  Narcissists have no interest in things that do not help them to reach their personal objective.   They are focused on one thing alone and that is power.   All other issues are meaningless to them and they do not want to waste their precious time on trivialities.  Anything that does not help them is beneath them and do not deserve their attention.
 If an issue raised in the Senate does not help Obama in one way or another, he has no interest in it.   The "present" vote is a safe vote. No one can criticize him if things go wrong.  Those issues are unworthy by their very nature because they are not about him.  Obama's election as the first black president of the Harvard Law Review led to a contract and advance to write a book about race relations.
The University of Chicago Law School provided him a lot longer than expected and at the end it evolved into, guess what?   His own autobiography!   Instead of writing a scholarly paper focusing on race relations, for which he had been paid, Obama could not resist writing about his most sublime self.  He entitled the book Dreams from My Father.
Not surprisingly, Adolph Hitler also wrote his own autobiography when he was still nobody.  So did Stalin.   For a narcissist no subject is as important as his own self.   Why would he waste his precious time and genius writing about insignificant things when he can write about such an august being as himself?  Narcissists are often callous and even ruthless. As the norm, they lack conscience.  This is evident from Obama's lack of interest in his own brother who lives on only one dollar per month.. & nbsp;
A man who lives in luxury, who takes a private jet to vacation in Hawaii, and who has raised nearly half a billion dollars for his campaign (something unprecedented in history) has no interest in the plight of his own brother.  Why?  Because, his brother cannot be used for his ascent to power.
A narcissist cares for no one but himself.  This election is like no other in the history of America. The issues are insignificant compared to what is at stake.  What can be more dangerous than having a man bereft of conscience, a serial liar, and one who cannot distinguish his fantasies from reality as the leader of the free world?  I hate to sound alarmist, but one is a fool if one is not alarmed. Many politicians are narcissists. They pose no threat to others...They are simply self serving and selfish.
Obama evidences symptoms of pathological narcissism, which is different from the run-of-the-mill narcissism of a Richard Nixon or a Bill Clinton for example.  To him reality and fantasy are intertwined.  This is a mental health issue, not just a character flaw.  Pathological narcissists are dangerous because they look normal and even intelligent.  It is this disguise that makes them treacherous.
Today the Democrats have placed all their hopes in Obama.   But this man could put an end to their party.   The great majority of blacks have also decided to vote for Obama..   Only a fool does not know that their support for him is racially driven.   This is racism, pure and simple.   The downside of this is that if Obama turns out to be the disaster I predict, he will cause widespread resentment among the whites.
The blacks are unlikely to give up their support of their man.  Cultic mentality is pernicious and unrelenting.  They will dig their heads deeper in the sand and blame Obama's detractors of racism. This will cause a backlash among the whites.
The white supremacists will take advantage of the discontent and they will receive widespread support.   I predict that in less than four years, racial tensions will increase to levels never seen since the turbulent 1960's.
Obama will set the clock back decades... America is the bastion of freedom.  The peace of the world depends on the strength of America, and its weakness translates into the triumph of terrorism and victory of rogue nations.
It is no wonder that Ahmadinejad, Hugo Chavez, the Castrists, the Hezbollah, the Hamas, the lawyers of the Guantanamo terrorists and virtually all sworn enemies of America are so thrilled by the prospect of their man in the White House. America is on the verge of destruction. There is no insanity greater than electing a pathological narcissist as president.

This pic of the 1Hr chart with weekly and monthly pivots describes what I see in the current market and a little of what I am expecting.

This is an example of a way I like to trade the news.

This has the 61.8 PDMM projected from the CLOD being hit. This is also a prime example of why we look to move our PDMM to current price action. Even though daily floor pivots and the fib pivots use the same measured move in its calculation, floor pivots don't adjust to current price. Notice also against Previous Week Close.

Another typical example of the power of the daily fib pivots. Asia took and hit the 61.8 PDMM projected from the PDC.

After Asian we look to apply the PDMM to the current high or low of the day and use that for the targets in the opposite direction. We have now hit 100 PDMM projected from CHOD. At this point we are possibly taking partial or full profit but watch for breakouts beyond the 100 PDMM. Breaks beyond the 100 PDMM are only about 1 in every 3 or 4 days for a pair. When it does break, look for target levels established in the preceeding days.

Looking at Support here with confluence of Weekly S1 @ 132.16, 127.2 PDMM projected from CHOD @ 132.13 and 100 PDMM projected from last swing high @ 132.08.

Example of the 100 PDMM projected from the PDC being hit. I have found that often times the PDC is used for all the fib projections during the Asian session but mostly with the JPY pairs. Then throughout the day the new highs or lows are used for the projection point.

After our large run down on 9/24, the retracement hit the 61.8 PDMM projected from the CLOD. Another perfect example of the target levels being hit.

This is the result from the trade signal called at New York open. Price reversed and broke the weekly pivot. Price stopped at the 161.8 PDMM projected from the CHOD. When the 100 PDMM is broken, this is a very highly hit level.

100 PDMM projected from CLOD hit. Looking at this for Res and reversal.

Still short biased with target at D fulfilling 100 MM. This will also complete Harmonic Gartley and with that completion, looking long.

Initial target hit, looking at 2nd  target levels. 1.4665/53

USDCAD hit 61.8 PDMM projected from the CLOD and couldn't close above, good reversal signal.

Confluence of 61.8 PDMM projected from the CHOD, Daily Floor Pivot and 38.2 retracement forming support level. Current long bias.

If today doesn't close above Weekly R1, may see more short action.

Looking to see if 38.2 retracement and confluence with prior days 100 PDMM holds as support.

Looking short. Confluence of 78.6 retracement of harmonic CD leg and 127.2 PDMM projected from the CLOD. Only concern is the Daily Pivot now possibly acting as support.

The next Res level to look short is at 125.19/29. Confluence of 88.6 of CD, 150/162 PDMM zone and R1 floor pivot.

Looking short. Price has move to the 61.8 PDMM projected from the low. Since this level hasn't been broken just prior to New York, it should be a good level to short from. The other confirmation is price is against the high from 3 days earlier.

Target hit

EU has retraced to 50 PDMM projected from CLOD. This is in confluence with the weekly pivot. Looking for the 50/62 PDMM zone to hold as EURUSD may continue short.

Price has fallen to 100 PDMM projected from the CHOD. This is in confluence with Fri S3. Next level of support is Daily Floor pivot S2 @ 1.4600, this is also confluence with Thurs S2.

We now have the weekly pivot rotating below the monthly pivot and the daily pivot stepping in a downward direction. Is this a new trend short?

Target hit and reverses at D.