120910 – 2013 Fiscal Cliff



Today’s Items:

First…
Israeli EMP Attack Could Throw Iran ‘Back to Stone Age’
http://www.israelnationalnews.com

Israel might attack Iran by using electromagnetic impulses (EMP) that could cripple the country by shutting down its electronics. Although the weapons are non-lethal, their affect of shutting down water pumps, cars and other necessary machinery would kill a great deal of people and throw the entire nation into a panic situation. With the country in a total meltdown, it will make it easier for US led forces to come in and get the gold.

Next…
Italy Has No Plans to Access European Central Bank Bond-Buying Plan
http://www.cnbc.com  1
http://www.cnbc.com  2

Italian Bankster puppet Mario Monti, talking out his backside, stated that he is not expecting Italy to access the European Central Bank’s new bond buying scheme.   The obvious reason is because the German media has hit back at the ludicrous plan that threatens Germany’s own fiscal house.   It appears that there are many who do not want the bailout… for now.   Will Italy be forced into this bond buying scheme or increase the Value added tax?   Well, there goes that bear walking into the woods again.

Next…
White House to Miss Deadline for Report On ‘Fiscal Cliff’ Budget Cuts
http://thehill.com
http://www.moneyandmarkets.com

In an ostrich like move, the White House obviously wants to put off the horrific news of what areas the $109 billion in cuts mandated by the Budget Control Act of 2011 that will go into effect on January 1st, 2013, will come from.   Of course, if that is not bad enough, just think of the $440 billion in across the board tax hikes, that will go in effect on the same date.   And this does not include the multiple huge taxes from Obamacare.   In addition, many of the economically destructive stimulus and bailouts packages passed over the years also stops by January 1st.   Sounds like the happy new year will be a blast folks.

Next…
Does Explosion in Food Stamp Spending Contribute to Higher Food Prices?
http://www.activistpost.com

Food stamp usage, by Americans, has hit 46.7 million, or nearly 1 in 7.   At an average cost of $134 per recipient, is costing the government about $75 billion a year.   Like government subsidized education, is food stamp spending contributing to higher food prices?  The bear returning to the woods  with toilet paper now.

Next…
Gun Sales Surge
http://www.cnbc.com

Smith & Wesson stock is zooming.    The possible reason is an Obama bounce as the firearm maker boosted its outlook for the rest of the year.    Speculation has focused on fears, based on both Obama and Romney’s own comments, of a coming regulatory crackdown on gun ownership.    In short, Obama could be the best gun and ammo salesman of the decade.

Next…
Are You Better Off? 40 Statistics That Will Absolutely Shock You
http://www.thedailysheeple.com

Here are a few…
1. Both political parties supported TARP and auto industry bailouts.
2. Both political parties support the unconstitutional Federal Reserve.
3. Both political parties support the unconstitutional Patriot Act.
4. Both political parties support the unconstitutional TSA.
5. Both political parties support the unconstitutional National Defense Authorization Act.
In short…    Both political parties are bad for America.

Finally, please prepare now for the escalating economic and social unrest. Good Day!

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only.   ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied.   No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes.    Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.

Advertisements

3 thoughts on “120910 – 2013 Fiscal Cliff

  1. “cuts mandated by the Budget Control Act of 2011 that will go into effect on January 1st, 2012”

    Will go into effect on January 1st, 2013? Or went into effect? I’m assuming the former.

    Thank you for your work! I found out about you from Suspicious0bservers, and it’s a nice companion to listen to with his 2 Min News. I like how you have a site where you list links and a written form.

    Much appreciated!
    Calliope the Muse

Please leave a reply...

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s