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Tragic Trifecta: Initial Claims Soar, Housing Starts Plunge, CPI Below Expectations

Tyler Durden's picture





 

We didn't really need a confirmation that the economy was deteriorating and completely disconnected from the "market", but we got it nonetheless. First, Initial Claims coming at 360K, on expectations of 330K, the worst print and worst miss in six weeks, confirming that weekly data is largely noise and that there is no sustainable downward trend. The May 11 weekly print adjusted and unadjusted were 360K and 318K respectively, virtually unchanged from a year ago at 373K and 325K, showing that in one year there has been essentially no progress, and that weekly initial claims of 350K is the new normal. Of course, the last week's print was also revised higher from 323K to 328K, while initial claims also missed expectations of a round 3MM print, instead printing at 3009K.

The second negative economic number came from Housing Starts, which plummeted from a downward revised 1021K to just 853K, well below expectations of 970K, the biggest miss since January 2007 and validating the data we have shown previously in the collapse of lumber prices. So much for the "that" recovery too. The silver lining - the "no capital requiring" housing permits which rose from 890K to 1017K, which as all hedge funds know, is the easiest way to game interest in the system.

Finally, confirming that the Fed's transmission channels are completely broken, and yet paradoxically giving Bernanke even more green light to continue building up future inflation and more QE, was CPI data, which declined from -0.2% to -0.4% in April, the worst MoM drop since December 2008 despite the monetary pumpathon from the Fed and BoJ. This is the second monthly miss in a row (and fifth of the last six). The YoY figures also misses +1.7% relative to a 1.8% expectation (ex Food and Energy) - also the lowest print since June 2011, although not very unexpected in light of the previously reported weak PPI data.. Much of the driver for this drop MoM and YoY are from a 4.3% drop in Energy prices MoM. That said, CPI would have been +0.1% if it was not for gasoline. Of course the bad is good mantra is in full swing as lower inflationary prints are providing ammunition for doves to push for more QE to defend their inflation goal. We wonder just how quickly oil prices will snap back once chatter of a taper is dismissed.

 

 


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Thu, 05/16/2013 - 08:46 | Link to Comment buzzsaw99
buzzsaw99's picture

Bullish!

Thu, 05/16/2013 - 08:51 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

This must be like living in paradise.

 

Oh crap.....we just lost Chris Matthews.

http://www.politico.com/blogs/media/2013/05/chris-matthews-sours-on-obama-164095.html

Thu, 05/16/2013 - 08:52 | Link to Comment Temporalist
Temporalist's picture

I just got a tingly feeling...all over...oooooo...ooooooo...

Thu, 05/16/2013 - 08:53 | Link to Comment sodbuster
sodbuster's picture

I get that when I see pics of Kate Upton.

Thu, 05/16/2013 - 08:55 | Link to Comment Headbanger
Headbanger's picture

I get that when I find some ammo to buy!

Thu, 05/16/2013 - 09:11 | Link to Comment WayBehind
WayBehind's picture

Soaring unemployment? Must be some kind of mistake. Just ask those clowns at CNBC.

Thu, 05/16/2013 - 09:36 | Link to Comment King_of_simpletons
King_of_simpletons's picture

Bullish News ! Could not get any better.

" Economy is in early stages of recovery "

Thu, 05/16/2013 - 09:49 | Link to Comment Sudden Debt
Sudden Debt's picture

Eversince I woke up, I was in the early stages of going to bed.

Thu, 05/16/2013 - 16:02 | Link to Comment Dead Canary
Dead Canary's picture

When I was born, I was in the early stages of dying.

Thu, 05/16/2013 - 09:09 | Link to Comment aint no fortuna...
aint no fortunate son's picture

should be good for another 100 point up day!

Thu, 05/16/2013 - 09:23 | Link to Comment yogibear
yogibear's picture

At least a 100 points.

Thu, 05/16/2013 - 11:07 | Link to Comment JimBowie1958
JimBowie1958's picture

DOW 16000!

This is fucking hilarious

Thu, 05/16/2013 - 10:21 | Link to Comment Sudden Debt
Sudden Debt's picture

ONLY IF WE GET A GOOD REASON WHY IT HAPPENED!!!

 

"all because of more ripples in the ocean than last month..."

"because outher space got bigger...."

"because every person on earth aged on average 1 month since last month"

.....

 

Thu, 05/16/2013 - 08:54 | Link to Comment insanelysane
insanelysane's picture

Maybe the BLS will start coming clean after the IRS fiasco.

Thu, 05/16/2013 - 09:01 | Link to Comment Pool Shark
Pool Shark's picture

 

 

Well, don't bother asking the Justice Department; Eric Holder "Just Doesn't Know:"

http://www.buzzfeed.com/dorsey/eric-holder-just-doesnt-know

 

Thu, 05/16/2013 - 08:57 | Link to Comment Clint Liquor
Clint Liquor's picture

This 'Recovery' is like going into a Intensive Care Unit and seeing a patient completely hooked up to life support (the FED) and having someone say they are recovering nicely.

Thu, 05/16/2013 - 09:10 | Link to Comment LawsofPhysics
LawsofPhysics's picture

In other words, this "data" means absolutely nothing as that 85 billion per month will simply become 120 billion per month, then 300 billion etc. etc. etc.  "Winning" -  End the motherfucking Fed already.

Thu, 05/16/2013 - 09:42 | Link to Comment eclectic syncretist
eclectic syncretist's picture

If the economy keeps tanking the Fed will have to print even more and then the equity markets will skyrocket like there's no tomorrow.  It all makes perfect sense, in a George Castanza Bizarro World, that is.

Thu, 05/16/2013 - 09:53 | Link to Comment mayhem_korner
mayhem_korner's picture

 

 

My two cents...would replace "if" with "as". 

Thu, 05/16/2013 - 09:23 | Link to Comment TrumpXVI
TrumpXVI's picture

Or watching a Frankenstein movie.

"It's ALIVE!"

Thu, 05/16/2013 - 09:27 | Link to Comment NoDebt
NoDebt's picture

He's worse than dead, Jim.  His brain is gone!

Thu, 05/16/2013 - 09:02 | Link to Comment W T F II
W T F II's picture

"Collaborators" and "Apologists" always run eventually. I guess Matthew's over/under on direct-implication felonious scandals ending right insdie the Oval Office is 3 1/2...Afterall, there IS a limit to tolerance.

Thu, 05/16/2013 - 09:17 | Link to Comment azzhatter
azzhatter's picture

Obama must not have let Matthews blow him last night. Sounds like a spurned cum guzzler

Thu, 05/16/2013 - 09:18 | Link to Comment azzhatter
azzhatter's picture

The useful idiots in the press starting to realize they ain't in the club?

Thu, 05/16/2013 - 09:24 | Link to Comment yogibear
yogibear's picture

Useful tools. Otherwise Eric the Placeholder sends his Just-Us goons over to rough them up.

Thu, 05/16/2013 - 10:14 | Link to Comment PiltdownMan
PiltdownMan's picture

Someone has to watch Chris Matthews which I have given up doing.

Lower starts, lower "inflation," higher initial jobless claims. Here comes da Fed? Again??

http://confoundedinterest.wordpress.com/2013/05/16/here-comes-the-fed-housing-starts-fall-jobless-claims-rise-and-inflation-falls/

Thu, 05/16/2013 - 08:51 | Link to Comment Pool Shark
Pool Shark's picture

 

 

Biggest month-over-month drop in CPI since January 2009:

http://www.forexfactory.com/

Thu, 05/16/2013 - 08:55 | Link to Comment buzzsaw99
buzzsaw99's picture

You can tell from the price action of TIP that a bunch of money knew that two weeks ago.

Thu, 05/16/2013 - 09:13 | Link to Comment scatterbrains
scatterbrains's picture

yes and lumber and gold and silver etc.  but notice how with the news now out of the way gold is holding firm and being re-accumulated.

Thu, 05/16/2013 - 09:23 | Link to Comment Burt Gummer
Burt Gummer's picture

It was because of the insert excuse here.

 

https://www.youtube.com/watch?v=deuC8GPr31A

Thu, 05/16/2013 - 09:24 | Link to Comment gatorengineer
gatorengineer's picture

more stimulus needed, no sign of inflation, load the paper..........

Thu, 05/16/2013 - 09:53 | Link to Comment Jdog
Jdog's picture

yeah, with all these negative news, the Dow should pop another 2000 points! keep in coming! Ben will be printing $200 billion a month by Christmas!

 

Thu, 05/16/2013 - 08:49 | Link to Comment Headbanger
Headbanger's picture

The horror...

http://www.youtube.com/watch?v=aNUr__-VZeQ

Commencing final implosion countdown...  10, 9, 8...

Thu, 05/16/2013 - 08:54 | Link to Comment I Am Not a Copp...
I Am Not a Copper Top's picture

Nope - market will yawn, that is until Europe Close, then to the moon!  Fuck You Holder!

Thu, 05/16/2013 - 08:58 | Link to Comment kridkrid
kridkrid's picture

http://www.youtube.com/watch?v=7HdHrZSEPf4 - One of the best scenes in the movie... didn't make it into the original, but added in Redux.

Thu, 05/16/2013 - 08:46 | Link to Comment Sach Mahoney
Sach Mahoney's picture

This is all very bullish.  Well done.  Crank up the printing press Ben.  

Thu, 05/16/2013 - 09:05 | Link to Comment Doomer
Doomer's picture

Yep.  The taper is now off the table (although it was ever really on the table).  Rally On!

Thu, 05/16/2013 - 09:27 | Link to Comment BurningFuld
BurningFuld's picture

Everyone please look at what happened to the stock market in Wiemar Germany when they turned on the printing press. Stocks just "may" protect you from the coming Currency Apocalypse.

Thu, 05/16/2013 - 11:10 | Link to Comment optimator
optimator's picture

And be sure to look at what happened to the gold Mark!

Thu, 05/16/2013 - 08:48 | Link to Comment Edward Fiatski
Edward Fiatski's picture

Oops.

There goes the angle that housing will get the economy out of the where it currently is.

Thu, 05/16/2013 - 08:57 | Link to Comment insanelysane
insanelysane's picture

It is just too sunny and warm to build houses.

Thu, 05/16/2013 - 09:16 | Link to Comment akarc
akarc's picture

Yepper, who could have predicted glaciers in Florida

Thu, 05/16/2013 - 08:48 | Link to Comment cutefarts
cutefarts's picture

LOAD UP GOLD

Thu, 05/16/2013 - 09:09 | Link to Comment Mr. Magoo
Mr. Magoo's picture

Yup, gold and silver down again, time to BTFD

Thu, 05/16/2013 - 09:17 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

The clear evidence of relentless deflation/eroding GDP growth is not good for gold.

Thu, 05/16/2013 - 08:48 | Link to Comment Temporalist
Temporalist's picture

But my rations of chocolate went up right?

Thu, 05/16/2013 - 08:50 | Link to Comment buzzsaw99
buzzsaw99's picture

Yes, because after torture you must really love big brother.

Thu, 05/16/2013 - 08:54 | Link to Comment Temporalist
Temporalist's picture

It is quite clear that the Doomers at ZH are unappreciative of the great beneficence that is The Amazing Bernank.

Thu, 05/16/2013 - 08:58 | Link to Comment insanelysane
insanelysane's picture

Some people just don't appreciate having sunshine blown up their arse every day.

Thu, 05/16/2013 - 09:09 | Link to Comment Doomer
Doomer's picture

And understand that there is no such thing as a free lunch.

Of course, the banksters aren't afraid to steal our lunch money, so they do get their lunch for free.

Thu, 05/16/2013 - 08:52 | Link to Comment rehypothecator
rehypothecator's picture

Your chocolate ration was doubled from 20 grams/week to 10 grams/week.  

Thu, 05/16/2013 - 09:20 | Link to Comment gaoptimize
gaoptimize's picture

A portion of my silver holdings are "registered" to exchange for chocolate peace and sanity of the wife when SHTF.

Thu, 05/16/2013 - 08:50 | Link to Comment edb5s
edb5s's picture

ES actually dropped on bad news?  Astonishing.  I'm sure it'll be made up around 3:30, if not sooner.

Thu, 05/16/2013 - 08:52 | Link to Comment HD
HD's picture

What's tomorrows POMO?  5 billion?  That Ben. He so crazy!

Thu, 05/16/2013 - 09:23 | Link to Comment Chief Falling Knife
Chief Falling Knife's picture

LOL.. yeah.. a whole 4 points

Thu, 05/16/2013 - 08:50 | Link to Comment Cursive
Cursive's picture

Yes!  I can FEEL the savings on gasoline in my wallet. /sarc

Thu, 05/16/2013 - 08:51 | Link to Comment Quinvarius
Quinvarius's picture

Buffett needs to send out a tweet on this.  Hopefully it won't be something like "help, I've fallen off the shitter into the bathtub and I can't get up."

Thu, 05/16/2013 - 08:54 | Link to Comment HD
HD's picture

A diet of exclusively Dairy Queen and Cherry Coke will do that to you...

Thu, 05/16/2013 - 09:14 | Link to Comment akarc
akarc's picture

call Quick, she can help him get up. 

Thu, 05/16/2013 - 08:51 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Watch out moon!   Here comes the S&P!

Thu, 05/16/2013 - 08:51 | Link to Comment sodbuster
sodbuster's picture

Damn good news!! Inflate the Bernanke Bubble even more. S&P should be up 8-10 pts by noon. Please stow away all sharp objects.

Thu, 05/16/2013 - 08:51 | Link to Comment MFLTucson
MFLTucson's picture

Perfect time to start a war.  Gets the media attention off the liar in chief and the imploding economy!

Thu, 05/16/2013 - 08:52 | Link to Comment otto skorzeny
otto skorzeny's picture

"Does this mean Ann-Margaret won't be coming, sir?"

Thu, 05/16/2013 - 08:59 | Link to Comment HD
Thu, 05/16/2013 - 09:04 | Link to Comment realtick
realtick's picture

"Do you mind telling me what kind of fucking charade ends up with somebody turning up dead!?"

Quantitative Necrophilia --- The 3 Month T-Bill Is Telling Us The Economy Is Dead

http://chartistfriendfrompittsburgh.blogspot.com/2013/05/quantitative-ne...

Thu, 05/16/2013 - 09:24 | Link to Comment LawsofPhysics
LawsofPhysics's picture

Some scary looking shit.  Print anothor trillion Ben (and he will), treasuries need a bid.

Thu, 05/16/2013 - 08:52 | Link to Comment horot
horot's picture

Burn, Baby!! BURN!!!

Thu, 05/16/2013 - 09:00 | Link to Comment Headbanger
Headbanger's picture

Remember the Trammps?

http://www.youtube.com/watch?v=A_sY2rjxq6M

Uggh.

Thu, 05/16/2013 - 08:52 | Link to Comment Mi Naem
Mi Naem's picture

Bullish. 

Buy Lockheed, Northrop, ....

Thu, 05/16/2013 - 08:53 | Link to Comment Kavklov
Kavklov's picture

Bad news =s  New TH

 

Go ALgos!!!   bring the suckers on while the CEO's dump their stocks

Thu, 05/16/2013 - 08:53 | Link to Comment rsnoble
rsnoble's picture

More signals that the FED can't let up yet. BUY! BUY! BUY!

Thu, 05/16/2013 - 08:53 | Link to Comment FJ
FJ's picture

Don't you short this market today. This is the greatest buying opportunity of all time. Quantitative Easing will drive stock prices higher and higher.

Thu, 05/16/2013 - 09:01 | Link to Comment insanelysane
insanelysane's picture

Stocks have never been cheaper.  Well they were yesterday and the day before and the day before that.

Thu, 05/16/2013 - 09:11 | Link to Comment akarc
akarc's picture

yeah but, but, but, the market is forward lookiing remember?

Thu, 05/16/2013 - 08:53 | Link to Comment Che Guevara is Dead
Che Guevara is Dead's picture

Guess Barry O was too busy putting out the scandal fires to cook the books this week. 

Thu, 05/16/2013 - 08:53 | Link to Comment dobermangang
dobermangang's picture

The only things that are selling well are guns, ammo, hard liquor and lotto scratch off tickets.  If things get any worse, expect bombs to start flying soon.  Hey, look over there at the squirrel.

Thu, 05/16/2013 - 08:54 | Link to Comment orangedrinkandchips
orangedrinkandchips's picture

BUY

THE

FUCKING

DIP,

SHIT

Thu, 05/16/2013 - 09:05 | Link to Comment Edward Fiatski
Edward Fiatski's picture

Add a new line, "HEAD", and you have a winner, otherwise that's like having, "Shit, piss, fuck, cunt, cocksucker, motherfucker, tits" string without the "tits" - it doesn't sound too good.

Thu, 05/16/2013 - 09:12 | Link to Comment kito
kito's picture

yes orangedrinkandchips!!! its that easy!!!!!!

http://www.youtube.com/watch?v=jllJ-HeErjU

Thu, 05/16/2013 - 08:56 | Link to Comment Uncle Zuzu
Uncle Zuzu's picture

Clearly we need another Fed rate cut.  We need real rates at negative 10% so everyone finally gets it in their head to buy 3 houses on credit.

Thu, 05/16/2013 - 09:51 | Link to Comment Terminus C
Terminus C's picture

If you pay me to buy a house (neg rates) I will, until then... too expensive.

Thu, 05/16/2013 - 08:58 | Link to Comment Peter Pan
Peter Pan's picture

I am sure the weather is to blame for all of this reversal. Things were going so well.

Thu, 05/16/2013 - 09:00 | Link to Comment Temporalist
Temporalist's picture

Imagine if the average citizen decided "Today the weather was not so great so I'm not going to work, or pay the bills, or feed the kids, or shower, or eat..."

See, anyone can be just like a great economist.

Thu, 05/16/2013 - 09:09 | Link to Comment akarc
akarc's picture

The most eloquent concise rebuttal to government bullshit I have ever read. I would up you a 1000 if I could.

Thu, 05/16/2013 - 09:07 | Link to Comment Headbanger
Headbanger's picture

No!  It's the SOLAR FLARES!  

http://www.myfoxny.com/story/22258955/sun-unleashes-strong-solar-flares

DON'T LOOK UP!

Thu, 05/16/2013 - 09:25 | Link to Comment asscannon101
asscannon101's picture

It wasn't the weather... It was actually MY fault and I feel terrible about it. Really, really badly. No shit, I'm sincerely sorry and I won't do it again. Until maybe sometime next week. Until then, my apologies.

Thu, 05/16/2013 - 09:00 | Link to Comment Tsar Pointless
Tsar Pointless's picture

I don't know if this news is just plain bullish or supercalifragilisticexpialibullish.

Thu, 05/16/2013 - 09:01 | Link to Comment Lost Wages
Lost Wages's picture

Keith McCullough says "Sell." #timestamp

Thu, 05/16/2013 - 09:02 | Link to Comment lunaticfringe
Thu, 05/16/2013 - 09:03 | Link to Comment W T F II
W T F II's picture

DEFLATION NATION....makes it a tad difficult to manage our expansionary affairs....

Thu, 05/16/2013 - 09:06 | Link to Comment Edward Fiatski
Edward Fiatski's picture

CPI was up 0.1%, excluding fuel prices.

Thu, 05/16/2013 - 09:23 | Link to Comment LawsofPhysics
LawsofPhysics's picture

PLease, no fiat currency has ever died as a result of "deflation".

Thu, 05/16/2013 - 09:04 | Link to Comment W T F II
W T F II's picture

Oh GOD....and NOW Kohl's Misses....I am starting to get concerned.....

Thu, 05/16/2013 - 09:04 | Link to Comment kralizec
kralizec's picture

Government numbers can be trusted, really, this shit isn't gamed at all!

/

Thu, 05/16/2013 - 09:07 | Link to Comment HulkHogan
HulkHogan's picture

I called this on the first post of the day. It's good to be smart (or lucky).

Thu, 05/16/2013 - 09:07 | Link to Comment stant
stant's picture

where is million dollar boner hung over with chris matthews? reality sucks

Thu, 05/16/2013 - 09:07 | Link to Comment cutefarts
cutefarts's picture

"Jobless claims jumped by 32,000 to 360,000 in the week ended May 11, exceeding all forecasts in a Bloomberg survey of economists and the most since the end of March"

Thu, 05/16/2013 - 09:09 | Link to Comment jjsilver
jjsilver's picture

so in one week we have gone from full blown recovery, where QE(LOL) needs to be tapered, to a depression.

Thu, 05/16/2013 - 09:14 | Link to Comment Spastica Rex
Spastica Rex's picture

Geez - that's pretty glass-half-empty.

Thu, 05/16/2013 - 09:08 | Link to Comment youngman
youngman's picture

And WalMart is down......que the Walmart shoppers photos.........oh oh...the end is near if WalMart is down...the shoppers must be going to JCP now i guess....

Thu, 05/16/2013 - 09:08 | Link to Comment replaceme
replaceme's picture

Clearly this is because of the sequester.  I hear that every time bad numbers come out, so it must be so.  </sarc>

Thu, 05/16/2013 - 09:16 | Link to Comment Temporalist
Temporalist's picture

They will name the next major hurricane that destroys billions "Sequester" and that will really fuck with people's minds.

Thu, 05/16/2013 - 09:12 | Link to Comment gaoptimize
gaoptimize's picture

I think the last sentence meant to say "continuing claims".  I hope it will be fixed for the record.

Thu, 05/16/2013 - 09:13 | Link to Comment Jason T
Jason T's picture

Deflation bitchez .. collapse in aggregate demand and blah blah blah

Thu, 05/16/2013 - 09:16 | Link to Comment dolph9
dolph9's picture

Dow 50,000,000.

Thu, 05/16/2013 - 09:16 | Link to Comment Devotional
Devotional's picture

Where I live in Europe, politicians are allowed to bear arms but not the common citizen? I wonder why ;)

Anyway, today's news is BULLISH of course ... for more BULLSHIT.

SO, time to load up on some Krugerrands :)

Thu, 05/16/2013 - 09:22 | Link to Comment gaoptimize
gaoptimize's picture

The gold to make them should have arrived this morning.

Thu, 05/16/2013 - 09:20 | Link to Comment alfbell
alfbell's picture

 

Ok, so the US stats are sliding down further now.

I'm not so adept at understanding domestic/international economic dynamics. Thus, the following QUESTIONS. Somebody please clear me up...

If it turns out that the continual unraveling of Europe and Japan does cause a capital flight to safety to the USD, my understanding is that this would make the dollar "stronger" and it would hurt US exports and push the US economy down even DEEPER than it is going.

By "make the dollar stronger" does that mean lots of capital moving into treasuries, etc. would maintain or give the USD more purchasing power domestically?

If so, would this be a deflationary characteristic?

Does this mean it would be good to be in cash or that cash would be king?

Thu, 05/16/2013 - 09:26 | Link to Comment yogibear
yogibear's picture

No matter what the QE money pushes the market higher. 

Thu, 05/16/2013 - 09:31 | Link to Comment the not so migh...
the not so mighty maximiza's picture

DOW 100000000000000000000000000000000000000000000000000000000

Thu, 05/16/2013 - 09:38 | Link to Comment gatorengineer
gatorengineer's picture

Now all we need is Israel to bomb something over the weekend and we can have an excuse and distraction from Benghazi/IRSgate/APgate........

Thu, 05/16/2013 - 09:59 | Link to Comment optimator
optimator's picture

I hope its not one of ours they bomb.

Thu, 05/16/2013 - 09:43 | Link to Comment Gavrikon
Gavrikon's picture

Dow to the Moon!!!

(cough, cough)

Thu, 05/16/2013 - 09:43 | Link to Comment Gavrikon
Gavrikon's picture

Dow to the Moon!!!

(cough, cough)

Hey, I didn't post twice.

Thu, 05/16/2013 - 09:49 | Link to Comment Clowns on Acid
Clowns on Acid's picture

So does this mean the the Tapering is going to be tapered ?

Thu, 05/16/2013 - 09:52 | Link to Comment thismarketisrigged
thismarketisrigged's picture

yet with all this horrible data, averages are flat to green. cant make this shit up.

 

Thu, 05/16/2013 - 09:57 | Link to Comment Judge Crater
Judge Crater's picture

There is another trifecta going on, the three separate news streams on the Benghazi attack, the IRS allegedly targeting conservatives and Tea Party groups and the massive bugging of Associated Press reporters.  The timing of the IRS political actions and the AP bugging have pushed the Boston bombing incident into oblivion for now.  The Obama administration is desperate to find a way to smother reporting on the Boston bombing.  Ryan Fogel, the Moscow US Embassy third secretary/CIA functionary, had 100,000 Euros on him to offer to an FSB agent in return for information on Dagestan, where Tamerlan Tsarnaev went before returning to the USA to bomb the Boston Marathon.  Implicating Russia in the Boston bombing is a priority.

The U.S. government ordered the shutdown of a large section of Boston and illegally imposed martail law to keep witnesses to a minumum as police and CIA mercenaries searched for fall guy Tamerlan. That strategy failed. The reason for the Obama diversionary stories is a video clip showing Tamerlan alive and being escorted by a police car and then, according to eyewitness audio on the RT show The Truthseeker on 3 May 2013, Tamerlan was then run over by a police SUV and shot multiple times.  https://www.youtube.com/watch?v=GcxmAunB4Ck

In 1956, Confidential magazine was set to publish an expose on Rock Hudson, stating Hudson was gay.  Universal International was desperate to stop Confidential from wrecking Hudson's career, so the studio made a deal with Confidential.  For a payoff, Confidential published a story on another U-I actor, George Nader, branding Nader as gay.  That story ended Nader's career as a major studio star.  Right now, the Obama administration is following a similar game plan, protecting itself from any further attention on its role in the Boston bombing by releasing "George Nader" type news stories that divert attention from the murder of Tamerlan Tsarnaev.  

Someone in the CIA must really have the goods on Obama, for him to toss AG Eric Holder under the bus. 

Thu, 05/16/2013 - 10:15 | Link to Comment wonderatitall
wonderatitall's picture

but ,but, but...obama didnt know. or else he'd have fudged it better. chicago=criminal.the end

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