14 January 2011

Hyper Report - 110114


First...
World Moves Closer to Food Price Shock
If you have not started buying your long-term food supply, perhaps this may be an incentive for you to get started. The US government surprised traders by cutting forecasts for key crops, sending corn and soybean prices to their highest level in 30 months. With the destruction of many crops by floods in Australia, this will only add to the soon coming hysteria.

Next...
Moody’s Warns Most Advanced Nations To Tackle Spending
Moody's is warning the U.S., U.K., Germany and France to clamp down on the health-care and pension expenditures in order to stabilize their debt structure over the long term. Long term!?! For the U.S., that is a desperate short term need with the U.S. spending like a drunken college student with his parents credit card.

Next...
Public Strongly Opposes Debt Ceiling Increase
According to a recent poll, the U.S. public overwhelmingly, by 71 percent, oppose raising the country's debt limit. Only 18 percent support the increase. Sadly, even with this poll, the debt limit will be increased because the public need for government aid has gotten too big. Social Security and Medicare expenditures themselves, without Defense spending, has gotten too big.

Next...
Jobless Claims Jump, Wholesale Food Costs Surge
The number of Americans filing for first-time unemployment benefits rose unexpectedly to 445,000 from 410,000 in the prior week. On top of of that, food and energy costs, not a factor in the official measure of inflation in the banana republic of the US, climbed 1.1 percent in December. Also, as more Americans have maxed out their credit or are seeing their income go down, the U.S. trade gap narrowed to $38.3 billion in November from $38.4 billion in October.

Next...
Lawmaker's New Proposal Would Hit Feds With Charges
The Montana state legislature, exercising the 10th amendment, is proposing a law that would declare local law enforcement the pre-eminent authority over federal officials in their jurisdiction. This means the IRS, FBI, EPA and other federal agencies would have to seek approval from local law enforcement for for any action. If this becomes state law, expect a massive court battle on this one folks.

Next...
Grocery Shrink Ray
In the 70's, there was a Sid and Marty Kroft show called Dr. Shrinker. Well, it appears that the shrink ray is being used today. Seriously, from toilet paper size to redesign of packages to mask lower quantities, items are getting smaller and smaller due to inflation. Take a look at the site, I especially liked the Swiss bread.

Next...
New Glass Stronger and Tougher Than Steel
In a new use for palladium, a new metallic glass has been developed that is stronger than steel. Because of the high bulk-to-shear modules ratio of palladium-containing material, the glass will bend rather than crack. So, instead of transparent Aluminum from Star Trek, we may have transparent palladium.

Finally,
Please prepare now for the beginning of the economic and social unrest. Good Day

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