In a hearing before the Congressional Budget Committee, Obama’s budget director, Jeff Zients, admitted he did not know how much debt was added with Obama’s 2014 proposed budget. He stated that there are a lot of numbers in the budget. Perhaps, ole “bats in the belfry” Obama should consider hiring “The Count” from Sesame Street.
Americans are not scared about a possible economic collapse, real estate or labor market downturn, or a currency meltdown. Instead, as the stock market hits record highs, Americans are afraid they are not getting a piece of the action. To that end, they are transferring money from bank accounts into the stock market. It goes to show you that a fool and his money are soon parted.
According to officials at the Commerce Department, U.S. retail sales unexpectedly contracted by 0.4% in March – which is the second time in three months. Unexpectedly? The media really need to find a new word. Anyway, the payroll tax increase is hurting consumer confidence as it tumbled in April.
Five Reasons PC Sales Have Nose Dived
Here are a few…
1. Tablets, like the iPad, are eating into the PC market.
2. People are downgrading from Windows 8 because it makes Vista look good.
3. Why upgrade something that works fine?
I personally also think that people may be getting burned out with so many technology advancements in such a short time. Why buy something that is out-of-date the instant you buy it?
Medicated Tap Water
Feeling depressed? If not, according to a new report by The Fix DOT com, you may be one of the 41 million Americans exposed daily to tap water containing trace amounts of antibiotics, sleeping pills, and even sex hormones. Wonder if they added “SPEED” into my tap water. So, enjoy that SSRI medicatied tap water.
What America Will Look Like Under Seawater
This article has some really cool images of various cities, from Boston to L.A., on how various landmarks will appear with a 5, 12, and 25 foot rise in seawater. So, Harvard may have water-ski classes, in their library, in a few hundred years.
3 Things You Need To Survive Collapse
When the next major fiscal crisis occurs, it will be global, sovereign, and very likely final. To that end, you will need three things… Real assets, Real friends, and Real skills. Personally, I would also add a good mindset as well.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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