Hyper Report - 100726

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First...
Canada Recovers Almost All Jobs Lost in Recession
In Canada, employment rose by 93,000 in June, pushing the unemployment rate down 0.2 percentage points to 7.9%. This is the first time the rate has been below the 8% mark since January 2009. Canada actually cut government spending by 10% of GDP. In addition, while corporate tax rates in the US stayed at 40%, Canada dropped those tax rates from around 38% to about 25%. Its amazing what a country can do when it allows drilling and mining and wealth creation. Hey Odrama.... Are you watching the neighbors to the north... you might learn something.

Next...
Where and Why are Businesses Closing?
1.5 Million businesses have already closed with small businesses being hit the hardest. As seen in this image, California, Texas, Florida, and New York have the greatest number of closures. The three states with the largest percentage of bankruptcies are Georgia, Tennessee, and Delaware. In 2009, Consumer spending, which is often gauged by holiday trends, was the worst shopping season for many businesses in the past five years. 40% of the yearly profits come from the holiday shopping months with some businesses. In the first quarter of 2010, Hertz, Textron, Sprint, Goodyear, and AMD are in the red and could be filing for bankruptcy very soon. It looks like we need some of that Obama money.

Next...
Oregon Budget Stands at Precarious Crossroad
Oregon is on the brink of financial disaster. Consider the fact that State expenses, including payroll, health and retirement benefits, and debt payments, are slated to rise by nearly $4 billion over the next two years -- a 26 percent jump. During the same period, however, revenues to pay those expenses are expected to increase by a little less than $2 billion, or about 14 percent. Oregon simply can't keep up; The only way out is to make dramatic, permanent changes. The choices that lie ahead affect not only the state budget, but what kind of schools will exist, which criminals go to prison, and who gets help when they need it. It appears that government will be shrinking in size real soon.

Next...
Guess What Part of the Constitution Goes Next!
Democrats have found yet another way to circumvent the U.S. Constitution: Bypass the Electoral College and elect a president by popular vote without first passing an amendment to the founding document. The Massachusetts Senate has joined five other states in passing a National Popular Vote bill to do just that. It approved the legislation July 15 by a margin of 28-10. There was a reason why the electoral collage was created. To prevent populated areas from stealing elections. Think Chicago and all of its dead voters.


Finally,
Please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.

Good Day

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