We Are Now Just Weeks Away From A European Bombshell
Michael Pento believes we are now just weeks away from a European ‘bombshell.’ He also gearing his clients towards the inevitable inflation. In his estimation, the ECB is about 4 weeks away from giving a banking license to the EFSF and ESM; thus, allowing for unlimited purchases of European debt, thus unlimited dilution of their currency.
‘Real’ Unemployment Rate Shows Far More Jobless
The more government tries to manage this fraudulent economy, the more people will be thrown out of jobs. While the national bogus unemployment rate of 8.3% paints a grim picture, a look at individual states is more troubling. The U-6 figure, that is a better official indicator, shows Nevada’s U-6 rate is 22.1%, California is 20.3%, and Rhode Island at 18.3%.
Only 24.6 Percent Of All Jobs In The United States Are Good Jobs
Having a good job is actually rare in the U.S. today.
Here are some of the qualifications for that good job…
1. The job must pay at least $18.50 an hour.
2. The job must provide access to employer-sponsored health insurance.
3. The job must provide access to an employer-sponsored retirement plan.
China Buys U.S. Businesses at Record Pace
Chinese direct investment in the United States could hit a record high in 2012. Total Chinese foreign direct investment in the U.S. is on pace to reach at least $8 billion this year. That would top the previous record of $5.7 billion reached in 2010. They are buying manufacturing facilities, warehouses, labs and offices valued at $1 million and higher. Why? Because they want to get out of dollars and into something that is tangable.
Homing in On a Potential Pre-Quake Signal
California is expecting the big one; however, unlike hurricanes and other natural disasters, there is no warning. With that said, using the 2004 Parkfield 6.0 earthquake data, could changes in measured seismic wave speeds be used as a pre-earthquake signal? Or, should we just observe animal behavior?
For those concerned about Fukashima and without overdoing it… Vitamin A has been proved to speed up your body’s recovery process after radiation damage. Vitamin C is distinct in its ability to prevent radiation injury. Vitamin E is especially effective in reducing radiation injury. If your body is saturated with minerals, then any possible radioactive minerals will most likely pass through you and not be absorbed. Also, baking soda, for soaking your body in, could also be a good thing to have on hand as well.
The Teleprompter’s Return
To prevent Obama from doing another slip up; such as the “you didn’t build that” remark, the Obama campaign has triumphantly brought back the teleprompter to ensure that Obama’s remarks are carefully crafted to keep the public guessing as to what he means.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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