This Blog is set up to give regular, and very brief, updates on what is going on in the world and how it will affect people's lives. This channel emphasizes the importance of preparing for the near future.
28 August 2010
Hyper Report - 100828
First...
It’s Official: China is Unloading its Treasury Bonds
It looks like the smart money these days is found in China. In June, China sold $21.2 Billion in US Treasuries and reducing its net long to $839.7 billion. Officials at the People's Bank of China say that it is all part of a broader diversification effort away from the greenback. Translation: They are not dummies and they do not want to be holding a bunch of worthless funny money.
Next...
The Most Fiscally Irresponsible Government in U.S. History
There is an instinctive conclusion among the American public of the following: The Stimulus package has failed, Unemployment has increased, not decreased, Housing Starts have crashed along with mortgage applications, A double-dip is in the pipeline, the national deficit and debt are of critical importance, and President Odrama seems to be taking too many vacations at the taxpayer's expense. Yet, there are still some who claim we did not spend enough.
Next...
Massive Solar Storm to Hit Earth in 2012 with 'Force of 100m Bombs
Astronomers are predicting that a massive solar storm will strike Earth in 2012 with a force of 100 million hydrogen bombs. This storm will most likely knock out a lot of the aging satellites and will render GPS almost useless. It could cause "1 to 2 trillion dollars in damages to society's high-tech infrastructure and require four to 10 years for complete recovery. Time to get out that sun block.
Next...
Fed Stands by to Boost US Growth
On Friday, the Gross Domestic Product for the second quarter was revised sharply lower from 2.4 to 1.6 percent. Benji Bernanke said on Friday that the Federal Reserve stood ready to boost the flagging US economy and had the tools to do so. When a threat comes from external sources such as Al Queda, or internal ones such as extreme Liberals or conservatives, we can do something to reduce those threats. Instead the Greatest threat to America, and the freedoms that we see disappearing every passing day, is the Federal Reserve and its monetary policies.
Next...
EPA Rejects Calls to Ban Lead in Ammo
After the news got out of a potential end-run-runaround of the 2nd Amendment, the EPA announced on Friday that such regulations, that would have banned lead in bullets, weren't allowed under the Toxic Substances Control Act of 1976. Well, it appears that the trial balloon, by anti-gun lobbyists, has fallen like the proverbial lead balloon. Americans can still arm themselves to the teeth for near future.... For now...
Finally,
Please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.
Good Day
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