First...
Repent -- The End Is Near
Here is a very short list of economic problems to see the critical condition we are in:
- Virtually everything you look at is broken and unfixable, from both a mathematical and political standpoint.
- All democratic welfare states are insolvent and incapable of meeting their obligations.
- Sovereign defaults are likely and will likely occur in domino fashion.
- Insane economic policies and regulations are making matters worse.
- The housing market has farther to go on the downside. Foreclosures will accelerate.
- Private pensions and union pensions are grossly underfunded and likely to become worse when financial markets tank.
- The welfare system is unsustainable and has to be dismantled.
- The banking system is insolvent, with many banks unlikely to survive.
- The FDIC is in a deep hole from which there is no escape other than additional taxpayer bailouts.
Next...
Doomsday Shelters Making a Comeback
There are signs that underground shelters, almost-forgotten relics of the Cold War era, are making a comeback. From Earthquakes to Terrorist events, people are scared and they are putting their money down for a shelter. Companies, such as Radiuos Engineering, say that the shelter building business is booming. Looks like people are taking "Hope and Change" into their own hands and not leaving it up to others....
Next....
Your New Health Care System
By reviewing the flow chart of the new health care system,, you can easily see that it will dramatically lower health care cost. Seriously, how can this mess make anything cheaper? Sadly, Obamacare is so complex that even the flow chart presented can only show about one-third of the foolishness involved. There is so much intertwined, serpentine connections that there was no physical way to even get it all displayed at once.
Speaking of health care, next...
One In Five Californians Say They Need Mental Health Care
Almost 5 million California adults say they could use help with a mental or emotional problem, according to a survey released Wednesday by researchers at UCLA. One in three people who perceive a need for mental health services or are in serious distress have seen a professional for treatment. Adults under age 65 were twice as likely to perceive the need for help. The poorest adults were more than five times as likely to report symptoms of serious psychological distress compared to those living well above the federal poverty level. I wonder if California's fiscal mess and ability to conduct day to day services might be contributing factor?
Finally,
Please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.
Good Day