17 March 2011

Hyper Report - 110317


First...
Euro Zone Debt Agreement a Ponzi Scheme
The markets cheered as eurozone leaders announced reforms to boost their economies; however, according to Niall Ferguson at Harvard University, the whole thing is a ponzi scheme where governments in red ink only generate more red ink. The insolvent banking system has been in denial and this plan only kicks the can down the road for only the near future with massive repercussions afterwords.

Next....
Mandatory Spending to Exceed all Federal Revenues
If national defense, parks, and other discretionary programs became free, the US would still have a budget deficit. Mandatory spending, of which is made up of Social Security, Medicare and Medicaid, would still produce a $20 billion dollar deficit. With no one in Washington willing to make the hard choices, the monetization of the debt will continue.

Next...
Higher Prices For Food Are About To Get Worse
Between the weather, demand, and currency crisis, food prices are rising. Corn, which is used in almost 9 out 10 food products, has almost doubled since last summer. Food prices rose 3.9 percent last month, the most since November 1974, and it is going to get a lot worse.

Next...
Utah To Require Teaching That US Is A Republic, Not A Democracy
Looks like Utah, after voting to make silver and gold legal tender, now a bill, if passed will require teachers to teach that the US is a republic and not a democracy. One should expect Teacher's Union to go on strike soon in that state.

Next...
Over 2,500 U.S. Credit Unions Considered Weak
2,573, or about 34%, of the Nation's 7,500 credit unions are financially weak. Consumers should avoid the weakest institutions and seek business strictly with the strongest. Fortunately, there is a list on this story to find out which credit unions and banks are considered weak and strong. Of course, one should really get out of the fiat ponzi scheme anyway.

Next...
11 Metro Areas Where the Jobs Recovery Has Failed
Since January 2010, the reported employment increased by only 0.8 percent; however, here is a list of cities where the recovery has downright failed... Las Vegas, Newark, San Francisco, Atlanta, Riverside, Los Angelos, Minneapolis, Phoenix, Long Island, Miami and Boston. Aren't you glad that Odrama has been focusing on unemployment like a laser beam?

Next...
TSA Admits Bungling of Airport Body-Scanner Radiation Tests
The child fondler officials at the TSA have admitted that the 500 body scanners, at 78 airports and which were not tested on mice or biological material, expose people to unnecessary high radiation; however, they will still keep those machines in operation. Isn't that extra special.

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

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