First...
CBO BOMB: Deficits Will Cause Debt To Rise To Unsupportable Levels
It is becoming more apparent to everyone that the US Government is subject to the same financial rules as everyone else. Spend well above what you bring in, and go deeper into debt. Go deeper into debt and you are likely to lose everything. Legislators may have time to make sound policy choices to avert a crisis. But what choices would do this? Cut Social Security and Medicare? Yeah, like we are going to see a bunch of US Politicians, with help from the AARP, get elected on that platform.... Not! It is more likely that investors will lose confidence abruptly and interest rates on government debt would rise sharply; which, will cause the situation to get far worse.
Next...
Home Vacancies Rise as U.S. Ownership Falls to Lowest in Decade
About 18.9 million homes in the U.S. stood empty during the second quarter as surging foreclosures helped push ownership to the lowest level in a decade. Lenders are accelerating foreclosures as borrowers fall behind in mortgage payments after the worst housing crash since the Great Depression. A record 4.6 percent of U.S. mortgages were in foreclosure in the first three months of 2010. The U.S. median home price tumbled 29 percent to an eight- year low of $164,600 in February. In short, there are a lot of people losing their homes and either moving in with family or renting places to live if they have a source of income.
Next...
Consumer Confidence Falls, Lowest Since February
With the stimulus running out of steam high unemployment and wage cuts, is it any wonder that consumers, or from its origin - squanders, are not willing to go deeper into personal debt with no way to pay it off? The index fell to 50.4 in July and since this is a 70% consumer economy... this is looking very bad indeed.
Next....
4 Vitamins That Can Save Your Life
It is important, because of the stress that we all face, to be as healthy as possible. To that end, please insure you are taking enough of the following vitamins.
- Vitamin D.
It reduces the risk of several cancers, heart disease, diabetes, arthritis, and a host of other ailments. - Vitamin C.
It provides protection against cardiovascular disease, eye disease, deficiencies of the immune system, and even aging skin. - Vitamin E.
It boosts immunity and helps neutralize free radicals that damage cells. - B Vitamins.
It helps against cardiovascular disease, cancer, Parkinson's, and Alzheimer's.
Even though it is obvious, it is very important to stay as physically and mentally healthy as possible.
Finally,
Please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.
Good Day
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