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.
20 September 2010
Hyper Report - 100920
First....
Beijing Buys More US Debt
China's holdings of treasury bonds rose slightly to $846.7 billion in July after two months of declines. By Accident... "There are no accidents" Anyway, the debt data came out at the same time as two congressional hearings were being held in the US on China's exchange rate policy. China has become the US' third-largest export market and now accounts for 6.8 percent of the US's total overseas sales.
Next...
Bill Calls For Two Weeks Of Federal Furlough
In, what I am sure is a publicity stunt, Rep. Mike Coffman of Colorado introduced a bill that would require two weeks of furlough in 2011 for federal civilian employees. The average federal employee earns over $120,000 in wages and benefits while private counterpart earns about $61,000. In addition, the furloughs could save taxpayers $5.5 billion.... Chump change to the trillions already spent.
Next...
Central Banks Cut Holdings of U.S. Agency Debt by 7% This Week
According to Federal Reserve Data, Central banks outside the U.S. are among investors that cut holdings of debt from government- related companies including Fannie Mae and their mortgage bonds by $57 billion in a week. Concern that the US Government may hurt mortgage bondholders by acting to boost refinancing may have prompted foreign investors to reduce their holdings to around $750 billion. In short, foreign investors are scared that the government will try to help people, who cannot afford homes, finance homes.
Next...
Texas Sues to Block Bizarre "Global Warming" EPA Rules
The state of Texas is sueing the EPA, claiming four new regulations imposed by the EPA are based junk science and is factually flawed. One of the rules imposed by the EPA would extend clean air regulations to the tailpipes of personal cars and trucks, however, the pollutants which the EPA aims to restrict by this rule aren't even found in internal combustion vehicles. Just new ways to separate the sheeple and their money.
Next...
Airbus Wants to Build Invisible Passenger Planes
According to Airbus, in the future, a captain would push a button and the fuselage would become transparent. Yes, wonder Woman has made her mark. The extraordinary design would allow air travelers to look down on cities and landscapes thousands of feet below right before many would throw-up. Airbus even unveiled the concept of planes fueled by hydrogen. Hello Hindenburg.
Finally,
Please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.
Good Day
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