Today’s Items:
First…
Updated US Federal Budget in Household Terms
http://www.cnbc.com
Hard to get your head around all those zeroes? Let’s remove some of them and put the numbers into better perspective.
Annual Income: $290,200
Annual Spending: $380,300
Deficit: $90,100
Balance on your credit cards: $1,640,000
Wow! If this were your financial statement, you would be in prison; however, since we have criminals running the government, everything is fine. Of course, they could just implement their plan to cast those 1 trillion dollar platinum coins and pay off the debt that way.
Next…
Unemployment Rate 7.8%
http://www.zerohedge.com
The BLS, reports that 155,000 jobs were added in December and the official unemployment was 7.8%. Construction and manufacturing jobs increased by 30,000 and 25,000 respectively. The Underemployment rate, U-6, remains steady at 14.5% and the labor force participation rate is 63.6%. what is unusual? These are the same relative numbers despite the holiday season where there were supposed to be a lot of temporary hires. In addition, older people, who are in debt, are not retiring and keeping their jobs; thus effectively, blocking the young from getting jobs.
Next…
December 2012 American Eagle Silver Coin Sales 3rd Highest in History
http://www.caseyresearch.com
The US Mint sold over 33.7 million one ounce American Silver Eagles in 2012. The reason it was not higher is because the mint did not have any eagles to sell in December. The US Mint sold 7,000 ounces of gold eagles and 5,000 ounces of gold buffaloes.
Next…
Retail Sales Confirm “You Can’t Spend What You Don’t Have”
http://www.zerohedge.com/
The year-over-year change in retail sales is indicating per capita disposable income is set to decline further. Americans did not spend any more than usual this November, and upper-income Americans appear to be spending less than usual. Those making over $90k per year report recent spending at its lowest for this time of year since 2008. So, the obvious solution, in the view of the government, is more money printing.
Next…
Martial Law In 2013
http://www.shtfplan.com
Many similar reports are starting to trickle in from all across the country, through various independent media resources, of preparations being made to prepare for martial law in the US. The consensus is that a major economic event is expected; so that, criminal banks can cover up their stolen money. It will be used to provide cover for the institution of draconian policies being readied behind the curtain. The exact timing of this event is not clear, however, preparations are being made. One thing is for sure, you can expect the gun-packing gun control hypocrite Diane Feinstein will be armed.
Next…
DHS Shenanigans
http://www.activistpost.com
The Department of Homeland Insecurity has awarded a contract for 200,000 rounds of ammunition with a company, in Las Vegas, that has, as its address, a parking lot across from a gas station. Furthermore, this company formed on December 12th, 2012 and has no property or telephone records; therefore, is this another payoff for Senator douche-bag Harry Reid?
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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