In The News Today « Jim Sinclair’s Mineset.
Jim Sinclair’s Commentary
Could it be that Romney erred in pre-firing Bernanke?
Remember the picture of the clients of Walmart? They are the people who elect a president, not you and I.
Gold is going to and through $3500.
Obama Erases Romney’s Edge on Economy
President Obama has taken away Mitt Romney’s longstanding advantage as the candidate voters say is most likely to restore the economy and create jobs, according to the latest poll by The New York Times and CBS News, which found a modest sense of optimism among Americans that White House policies are working.
But while the climate for Mr. Obama has improved since midsummer, and Mr. Romney has failed to shift sentiment decisively in his favor, the poll found that the presidential race is narrowly divided.
With their conventions behind them and the general election fully engaged, the Democratic Party is viewed more favorably than the Republican Party. The poll also found more likely voters give an edge to Mr. Obama on foreign policy, Medicare and addressing the challenges of the middle class. The only major issue on which Mr. Romney held an advantage was handling the federal budget deficit.
Jim Sinclair’s Commentary
If you believe this is happening as a protest to a movie, I will sell you a nice bridge from Brooklyn to Manhattan for cash, cheap.
Pravda was more honest under Stalin than MSM in the West today.
West urges end to film protests
14 September 2012 Last updated at 20:40 ET
Western countries have appealed for an end to violent protests targeting their embassies, sparked by a film mocking the Prophet Muhammad.
The EU urged leaders in Arab and Muslim countries to “call immediately for peace and restraint”.
The US is sending marines to defend its embassy in Khartoum and has called on Sudan to protect foreign diplomats.
At least seven people died in protests in Khartoum, Tunis and Cairo on Friday and there are fears of further unrest.
US embassies have borne the brunt of the attacks after clips of the film – which was made in the US – were distributed online.
Protest timeline – main flashpoints
11 September
1. US embassy in Cairo attacked, flag torn down and replaced with black Islamist banner
2. Mob attacks US consulate in Benghazi, US ambassador Chris Stevens and three other Americans killed
13 September
3. Protesters break into the US embassy compound in Sanaa, Yemen, amid clashes with security forces
14 September
4. Sudanese protesters attack US, German and UK embassies in Khartoum and clash with police. Three killed
5. One person killed in Lebanon in protest at a KFC restaurant
6. Protesters in Tunis attack the US embassy, with a large fire reported and shots heard. Two killed
7. Riot police in Cairo clash with protesters near US embassy. One person killed
Jim Sinclair’s Commentary
Here is a thought for your consideration. Romney invited Bernanke to make his move yesterday by pre-firing him.
Jim Sinclair’s Commentary
It happened exactly as anticipated, including the monthly characteristic, yet to infinity.
QE to infinity here and there, the USA and Euroland.
Jim Sinclair’s Commentary
Are you warm and cozy with your wealth in Street Name?
More Americans opting out of banking system
By Danielle Douglas, Published: September 12
In the aftermath of one of the worst recessions in history, more Americans have limited or no interaction with banks, instead relying on check cashers and payday lenders to manage their finances, according to a new federal report.
Not only are these Americans more vulnerable to high fees and interest rates, but they are also cut off from credit to buy a car or a home or pay for college, the report from the Federal Deposit Insurance Corp. said.
Released Wednesday, the study found that 821,000 households opted out of the banking system from 2009 to 2011 and that the so-called unbanked population grew to 8.2 percent of U.S. households.
That means that roughly 17 million adults are without a checking or savings account. Another 51 million adults have a bank account, but use pawnshops, payday lenders or rent-to-own services, the FDIC said. This underbanked population has grown from 18.2 percent to 20.1 percent of households nationwide.
The study also found that one in four households, or 28.3 percent, either had one or no bank account. A third of these households said they do not have enough money to open and fund an account. Minorities, the unemployed, young people and lower-income households are least likely to have accounts.
Stubbornly high unemployment and underemployment have placed millions of Americans in precarious financial positions, leaving them unable to absorb overdraft charges or minimum-balance fees.
Violent protests across Middle East target embassies, Pope visit to Lebanon
Published September 14, 2012
FoxNews.com
Anti-American violence flared Friday across North Africa and the Middle East, with Muslim mobs reportedly scaling the walls of the U.S. Embassies in Tunisia and Sudan, breaking windows and setting fires.
A Marine team, meanwhile, was on the ground in Yemen Friday as a “precautionary measure” in the wake of violence and protests in the capital city of Sanaa, a Pentagon spokesman confirmed to Fox News.
Protesters reportedly broke into the German Embassy in Sudan — pulling down its emblem and raising the Islamic flag — and demonstrators in Lebanon burned Kentucky Fried Chicken and Arby’s restaurants while chanting against the pope’s visit to Lebanon.
At least one protester was killed and 25 were injured in the northern Lebanese city of Tripoli after clashes between police and protesters over an anti-Islam film, security officials said.
In Egypt, protesters in Ciaro’s Tahrir Square could be seen carrying a 4-foot-tall poster of Usama bin Laden, and graffiti reportedly found on the U.S. Embassy there read: “Take care America. We have 1.5 billion bin Ladens.”
What's happening? 