E-TRADE BABY IS THROWING A FIT! BLACK MONDAY IS HERE! STOCK MARKETS GONE WILD!

Image via Wikipedia By Randy Economy
www.Economy4ABC.blogspot.com
Sunday, August 7, 2011
11:21 p.m.

New York, NY

It is going to be ugly on Wall Street on Monday. Call it "Black Monday" or "Sell Sell Sell" because the US Economy is about to take a nose dive. Already markets all over the globe a down down down and falling falling falling in value. Here is the current "pre markets" for the US via CNBC. Oh, btw. US Treasury Secretary Timmy Geithner has been given a "thumbs" up from President Obama and will stick around till at least 2013.  The madness continues.  Where is this going to end.

Helter Skelter? Black Monday?  "Stock Markets Gone Wild!"
Whadda U wanna call it.  It is going to be ugly.

DOW (Mini)							1month
FUTURES				FUTURES FAIR VALUE (-9.39)
11444.61	11130.0	-272.00		11392.61	11130.0	-262.61
Last Updated: 02:14:59 AM

S&P 500							1month
FUTURES				FUTURES FAIR VALUE (-1.82)
1199.38	1165.0	-32.80		1195.98	1165.0	-30.98
Last Updated: 02:14:56 AM

NASDAQ (Mini)							1month
FUTURES				FUTURES FAIR VALUE (4.93)
2194.38	2127.0	-60.00		2191.93	2127.0	-64.93
Last Updated: 02:14:59 AM

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Spc Jinsu Lee: Chatsworth resident dies in "non-active" line of duty. Investigation launched by Department of Defense. Time to pause and reflect...

Image by The U.S. Army via FlickrBy Randy Economy
www.Economy4ABC.Blogspot.com
August 7, 2011



The Department of Defense announced on Sunday that a Southern California native was killed in non-active duty the line of duty this weekend, and I wanted to make sure that his passing does not go unnoticed. 


Spc. Jinsu Lee, 34, of Chatsworth, Calif. died Aug. 5, in Kunar province, Afghanistan. 

He was assigned to the 2nd Battalion, 27th Infantry Regiment, 3rd Brigade Combat Team, 25th Infantry Division, Schofield Barracks, Hawaii. 

His death is now being investigated by the Department of Defense.  

I hope you can pause and reflect on the life of this "one AMERICAN solider" who leaves a wife and three children.


We are still fighting wars, and America is in one of the worst fiscal crisis since the generations.

Time to reflect....
 
Related articles

• RIP SPC Jinsu Lee (waronterrornews.typepad.com)
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OFFICER JEREMY HENWOOD: San Diego Police Officer dies after "unprovoked" attack.

Image via Wikipedia
Image via WikipediaThis is an alert from "Nixle." From time to time I will be posting vital details of breaking news from this vital news source as soon as it is made available to the media.  Sad news in San Diego this afternoon....


SAN DIEGO — San Diego Police Chief William Lansdowne said Sunday that the officer who was shot Saturday in an unprovoked attack has died. He was identified as Officer Jeremy Henwood, 36. He was a Marine reservist and had been deployed overseas three times, and had been with the Police Department for four years. 
The announcement was made by the chief at a news conference held at police headquarters. 
Police had said earlier that Henwood had been “very critically” wounded just after 5:30 p.m. Officers on Sunday wore their badges shrouded with black bands in honor of him. 
Henwood was taken to Scripps Mercy Hospital in Hillcrest. One suspect in the shooting incident was confirmed dead. 
The officer is the second in the department to be shot in the line of duty in 10 months. 
The shooting occurred when the officer pulled alongside a black Audi at 45th Street and University Avenue in City Heights. Someone in the Audi pulled out a shotgun, pointed it out a passenger window and shot the officer in the head, said San Diego police Capt. Jim Collins. The vehicle is believed to have been involved in a shooting in unincorporated El Cajon earlier in the day. 
“As far as we know, it was totally unprovoked,” Collins said. “He was not attempting to stop the suspect vehicle. He had no idea that was the suspect vehicle.” 
About a half hour after the shooting, police tracked the suspects’ vehicle to an apartment three blocks away, on 48th Street. One suspect was killed after exchanging gunfire with police, and police believed a second suspect was holed up in an apartment Saturday night while a SWAT team maneuvered outside. 
But about 10 p.m., police entered the apartment and found no one inside. 
According to police radio chatter, officers were planning to go house-to-house in the neighborhood, where many residents had been evacuated. Over the next two hours, most officers left the area and residents were allowed back into the apartments where the SWAT operation had occurred. University Avenue was reopened except for the block where the officer had been shot. 
The fatal series of incidents appears to have started about 5:20 p.m. on the outskirts of El Cajon when police responded to reports of a shooting at an In-N-Out restaurant near North Magnolia and Bradley avenues. 
The victim, Martin Hanna, was sitting in his vehicle in the parking lot when he was approached by a man carrying a shotgun, according to the Sheriff’s Department, which is investigating the incident. The assailant fired one round at Hanna, striking him in the face, before fleeing in a black Audi with paper plates. 
Hanna was taken to a hospital and is expected to survive, sheriff’s Lt. Larry Nesbit said. 
A few minutes later, an El Cajon police officer with no knowledge of the In-N-Out shooting saw a black Audi speeding west on Interstate 8. The officer gave chase but stopped pursuit of the vehicle after its speeds topped 100 mph. The car was last seen going south on state Route 15. 
At 5:29 p.m., San Diego police were alerted by the Sheriff’s Department to look for a black sedan wanted in connection with the In-N-Out shooting. 
Three minutes later, “a female citizen got on the radio of one of our police officers and said an officer had been shot at 45th and University,” Collins said. 
Collins said the officer, traveling alone, was stopped in the right lane of University headed east when the black vehicle pulled up next to him and a gun was fired from the passenger’s window. 
Besides the driver, there may have been a passenger in the front seat, witnesses said. It’s not clear who fired the gun. 
Within minutes, dozens of police cars from San Diego and surrounding jurisdictions filled University. Officers performed CPR, and crowds gathered at all the street corners nearby to watch and tell police what they saw. 
About a half hour after the officer was shot, a black Audi was found parked in front of an apartment on 48th Street. A San Diego police helicopter spotted a man getting into the car with what appeared to be a shotgun. As police approached the vehicle, “the suspect produced the shotgun and several officers fired at the suspect,” Collins said. 
The black car rolled backward down the street and crashed into a wrought iron fence. 
The suspect was pronounced dead at the scene. Police did not provide any information about him Saturday night, including whether he is considered the gunman in either of the earlier shootings. 
The car was towed away from the scene about 11 a.m. Sunday, and police were working to reopen the remaining road closures. 
At an apartment complex nearby, Cesar Zamora, 16, said that he was watching a movie on TV when the gunfire broke out about 6 p.m. 
“The 
cops were shooting at the black Audi while he was still driving it,” he said. “I went out and bullets were flying. One chipped my (apartment) window on the second floor.” 
Cesar said he saw police bullets hit the rear right side of the Audi. He said the driver backed up and hit a fence, then a red car and came to a stop. 

Related articles

• San Diego officer dies after 'unprovoked' shooting (latimesblogs.latimes.com)
• San Diego officer shot; armed suspect killed (mercurynews.com)
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The Dog Days Are Over? Florence + The Machine may be way off track...

By Randy Economy
Saturday, August 6, 2011
4 p.m. PST
Image via Wikipedia
Los Angeles, CA
Are the "dog days" over for America, or are we on the verge of an economic meltdown?
You know, now is the time for a plan, and a new work ethic here in the United States. The stock market is going to take a massive dump on Monday, mark my words. So, in honor of the Standard and Poors dropping the US credit rating down to "AA +," I am reminded of this tune by Florence + The Machine. The Dog Days are over...
Dream on. Hope. Whatever.

VICTIM FRANCISCO RIVERA: Sketch of South Gate bike trail stabbing suspect released to media

Los Angeles County Sheriff's Homicide investigators are seeking the help of the community for information in the investigation of a homicide where a man's body was found on a popular and well travelled bicycle trail along the LA River in the city of South Gate.  Sheriff's Homicide investigators have learned that the victim was killed between 9:39PM and 11:30PM, on Friday, July 29, 2011. The body was discovered Saturday, July 30, at 1:30AM  The Los Angeles County 
The victim was stabbed to death along a bike trail, adjacent to the Los Angeles River, near the intersection of Burtis Street and Southern Avenue, in South Gate.
The deceased man has been identified as Francisco Rivera, a long time 50-year old resident of South Gate who had immigrated from El Salvador years ago. Mr. Rivera had just obtained his driver's license and had been celebrating that evening.
Investigators are asking the public for help in identifying the person depicted in the attached composite drawing. A man (see compostive sketch) was seen leaving the immediate area where the dead person was found, driving a 1999 or newer Chevy Blazer or GMC Yukon, with a light metallic color.
Anyone with information about this incident is encouraged to contact Los Angeles County Sheriff's Department Homicide Bureau, 323-890-5500. If you prefer to provide information ANONYMOUSLY, you may call "Crime Stoppers" by dialing 800-222-TIPS (8477), texting the letters TIPLA plus your tip to CRIMES (274637), or using the websitehttp://lacrimestoppers.org. 

DR. MICHAEL CHAN: CERRITOS DOCTOR CONVICTED OF PERFORMING UNNECESSARY SURGERIES ON HEALTHY PATIENTS IN $154 MILLION MEDICAL INSURANCE FRAUD SCHEME

Image by Saima via Flickr

FROM THE ORANGE COUNTY DISTRICT ATTORNEY!

SANTA ANA – A doctor charged in the largest medical fraud prosecution in the nation, the 19 co-defendant Unity Outpatient Surgery Center (Unity) scheme, was convicted today of performing unnecessary and dangerous surgeries on over 160 patients in order to fraudulently bill medical insurance companies. Michael Chan, 65, Cerritos, pleaded guilty to the court to 40 felony counts including conspiracy to commit insurance fraud, insurance fraud, aiding and abetting capping with white collar crime sentencing enhancements. He faces a sentence ranging from probation up to 28 years in state prison at his sentencing on a date that is to be determined.

Of the 19 defendants charged in the Unity case, 13 were indicted by a criminal grand jury on June 13, 2008. The Orange County Grand Jury examined 1,054 exhibits and heard testimony from 56 witnesses over 28 days, resulting in a 70-page indictment. The indicted defendants include an attorney, accountant, three doctors, and patient recruiters known as “cappers.”  The recruitment of patients, or “capping,” is illegal in California. 

In addition to Chan, two additional indicted defendants have been convicted and sentenced in this case. Doctor William Wilson Hampton, Jr., 55, Seal Beach, pleaded guilty May 8, 2009, to 47 felony counts including conspiracy, insurance fraud, and capping and was sentenced to 16 years in state prison.

Capper Sue Nanda, 43, Costa Mesa, pleaded guilty Feb. 20, 2009, to 22 felony counts including conspiracy, capping, grand theft, filing false tax returns, failing to file tax returns, and making false and fraudulent statements. She was sentenced Aug. 7, 2009, to 10 years in state prison and ordered to pay over $500,000 in restitution for personal and corporate back taxes. Capper Maria DeJesus Licea Rosales, 44, pleaded guilty Aug. 7, 2009, to 96 felony counts including conspiracy, capping, insurance fraud, grand theft, filing fraudulent tax returns, and sentencing enhancements for white collar crime and loss over $2.5 million. She was sentenced to eight years in state prison.

CLICK HERE FOR MORE!

This information is from the Orange County District Attorney's Office, Media Division

Related articles

• Greedy Pharmacists and Doctors Rip off the System... (earlsview.com)
• Medical Malpractice Reform Advocates Are Not Telling The Truth, Asserts Leading New York Personal Injury Lawyer (prweb.com)
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NOTE: The above information is from the Orange County District Attorney's Office.

BREAKING: Standard & Poor's lowers US credit rating to AA for the first time EVER! What an OBAMANATION!

Image via WikipediaOBAMA-NATION!
The United States of America is now officially 

in deep financial shit. Around a half hour ago, 

Standard & Poors 

downgraded the United States 

Credit Rating to "AA." 

What an "obamanation."

We are so screwed. 

Look for madness on the world wide stock markets on Monday. 

Here is the OFFICIAL STATEMENT for Standard & Poor's:

"We have lowered our long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA' and affirmed the 'A-1+' short-term rating.

Image via WikipediaWe have also removed both the short- and long-term ratings from CreditWatch negative. The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics. More broadly, the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges to a degree more than we envisioned when we assigned a negative outlook to the rating on April 18, 2011.

Since then, we have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of Congress and the Administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's debt dynamics any time soon. The outlook on the long-term rating is negative. We could lower the long-term rating to 'AA' within the next two years if we see that less reduction in spending than agreed to, higher interest rates, or new fiscal pressures during the period result in a higher general government debt trajectory than we currently assume in our base case."

LOVE, 

Standard and Poors

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DEMETRIUS DARNELL ALLEN: 23 year old Youth Pastor Charged with Sexual Molestation at Venice-area church

Image via WikipediaFrom the Los Angeles County District Attorney

SAN FERNANDO – A 26-year-old youth pastor suspected of having a yearlong affair with a young girl was charged today with multiple counts of sexual molestation and other counts, the District Attorney’s office announced. Demetrius Darnell Allen, (dob 12-18-82), of Granada Hills, is scheduled to be arraigned this afternoon at San Fernando Superior Court, Department S. He is charged in case PA071119 with 10 counts of lewd act on a child, one count of possession of child pornography and one count of contacting a minor for sexual offense, all felonies. Prosecutors are asking bail be set at $1 million, said Deputy District Attorney Carolyn McNary. Allen, a youth pastor at First Baptist Church in Venice, allegedly began a sexual relationship with a young female member of the church, who was 14 at the time. The relationship allegedly started in March 2010 and continued through May of this year. The Los Angeles Police Department is conducting an ongoing investigation.

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BREAKING: 3 DEAD BODIES FOUND IN CAR ON BAYVIEW COURT IN SANTA CLARITA

SCENE: 28300 Bayview Court in Santa Clarita via Google Maps.

By Randy Economy
5:29 p.m.

Santa Clarita, CA

Law enforcement is on scene at the 28300 block of Bayview Court in Santa Clarita right now
Image via Wikipediawhere three dead bodies have been found inside of a car located in a driveway at the upscale enclave. Members of the Los Angeles County Sheriff's Department arrived on the scene at around 3:45 p.m. on Friday afternoon. Here is a photo of the block that is currently cordoned off via Google Maps.  Stay tuned for more details.

I have a lots of friends and readers who live in this area.

Be safe.

DAIVION DAVIS: Teen Pleads in Fatal of Melody Ross of Long Beach Wilson High School

Image by the Other michael via Flickr
LONG BEACH – A teenage suspect charged with the 2009 fatal shooting of honor student Melody Ross shortly after her high school homecoming game pleaded today to manslaughter and attempted murder, the District Attorney’s office announced.
Daivion Davis, who was almost 16 at the time of the shooting and is now 17, pleaded no contest to an amended count of manslaughter and one count of attempted murder in the Oct. 30, 2009, shooting, said Deputy District Attorney Dean Bengston with the Hardcore Gang Division. The plea was a negotiated settlement with prosecutors.
Davis, who was charged as an adult, is facing eight years, four months in juvenile custody when he returns to court Sept. 13 for sentencing before Long Beach Superior Court Judge Mark Kim.
Trial is set to begin Monday for the second teen charged in the attack, Tom Love Vinson, who was 16 at the time of the fatal shooting. Vinson, now 18, is charged with one count of murder, four counts of attempted murder, and the special allegations that he personally and intentionally discharged a handgun and that he committed the crimes to further a street gang. If convicted, he faces 210 years to life in prison.
Ross, 16, was gunned down about 10 p.m. after the homecoming football game at Wilson High School. Police said Ross was an innocent bystander who was shot when two groups of gang members had a confrontation. Two men, ages 18 and 20 at the time, were wounded.

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JEREMY LEE-LOGAN GUTHRIE: AMBER ALERT IN SOUTHERN CALIFORNIA ISSUED FOR ABDUCTED 7-YEAR OLD!

Image by www.jeremylim.ca via Flickr

MISSING: JEREMY LEE-LOGAN, AGE 7!

By Randy Economy

Southern California has been placed on an official "AMBER ALERT" today over the abduction of 7-year old Jeremy Lee-Logan Guthrie.

HERE IS THE OFFICIAL AMBER ALERT JUST ISSUED BY THE CALIFORNIA HIGHWAY PATROL!

PLEASE POST THIS ON YOUR FACEBOOK, TWITTER, OR MY SPACE PAGE!

AMBER ALERT!

ON AUGUST 5TH, AT APPROXIMATELY 4:30AM, JEREMY LEE-LOGAN GUTHRIE WAS ABDUCTED FROM THE ECHO SHELTER (FIRST BAPTIST CHURCH) IN THE CITY OF ATASCADERO.

THE VICTIM'S MOTHER AND THE SUSPECT, ANNETTE HALE, ARE TRANSIENTS STAYING AT ECHO SHELTER. THE VICTIM'S MOTHER AND THE SUSPECT WERE INVOLVED IN AN ALTERCATION ON THE EVENING OF AUGUST 4, 2011.

ON AUGUST 5TH, AT APPROXIMATELY 4:30AM, JEREMY LEE-LOGAN GUTHRIE WAS ABDUCTED BY ANNETTE HALE, AND FLED THE SHELTER. CALIFORNIA LICENSE #4WAY944.

IF SEEN, PLEASE CONTACT 911 IMMEDIATELY, OR CALL THE ATASCADERO POLICE DEPARTMENT AT (805) 461-5051.

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