121015 – US Bank Accounts Seizure

Today’s Items:

Greece Poised to Leave Euro

Here we go again…   Greece could leave the euro-zone within the next six months as Greece is in its fifth year of recession.    If Greece does leave the euro-zone, many will receive a massive haircut on the loans made to Greece.    In addition,, hopefully, the Greeks will look at Iceland as the model to follow.    They certainly have the natural resources to make a comeback very quickly on their own.

China’s Yuan Hits Record High

At nearly 6.26 to $1.0, China’s currency hit a record high against the US dollar.    This marks the highest level since 1994 when China launched its modern foreign exchange market. So, what does this mean?    Expect higher prices at Wal-Mart.  Or maybe, they believe Romney, who has been bashing the Chinese for not floating the Yuan, will win and want to get on his good side?

Budget Gap Tops $1 Trillion Again

For the 4th straight year, the US has successfully spent more than a trillion dollars more than the government brought in.    The gap between the government’s tax revenue and its spending totaled $1.1 trillion.    Tax revenue rose 6.4 percent from 2011 to $2.45 trillion.    And spending fell 1.7 percent to $3.5 trillion.    Needless to say, with an aging population and a weak economy, things do not look better for next year’s budget either.

Yellow Alert

Art Cashin believes that there are some eerie parallels to today versus the Wiemar Germany era.    He goes on to say that there are a variety of things in place that could begin to react somewhat domino-like and cause a frightening hyper-inflationary event.     He says to keep an eye on the M2 figure and watch the velocity of money very carefully.

Executive Order Allows Seizure of Americans’ Bank Accounts

The latest executive order, by Obama, claims the power to freeze all bank accounts and stop any related financial transactions that a “sanctioned person” may own or try to perform — all in the name of “Iran Sanctions.”   The order says that if an individual is declared to be a “sanctioned person,” their financial resources will have successfully been completely frozen.    So, would a “sanctioned person” be someone whom they do not like?

New $100 Bills Stolen

Federal authorities are not saying how much; however, it appears that a large amount of the newly-designed $100 bills, bound for the Federal Express err…    Reserve in New Jersey were stolen.    Of course, it is no real secret that many in government want to get rid of cash all together, and the loss of so many not-released $100 dollar bills, that were to go public in 2013, will only add fuel to that fire.    Needless to say, this sounds like an inside job; however, this is the same government that lost pallets of $100 bills in Iraq.

Text Against Terror Fails

Funded with $5.8 million dollars, a New Jersey experiment to turn citizen into snitches has meet with absolute failure.   The program was designed for the public to text messages, with their cellular phones, if they saw a possible terror threat.   Of course, the only real terror for Americans are from the Department of Homeland Insecurity and the government.

Social Security

Nothing speaks more to the fraud that is the CPI than the fact that Social Security will only go up between 1 to 2% this year.   This is the lowest increase since 1975.    If anyone believes this is the real inflation…     Stop drinking the Kool-aid.

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.


One thought on “121015 – US Bank Accounts Seizure

Leave a Reply to imercury5 Cancel 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 )

Facebook photo

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

Connecting to %s