China Fakes Trade Surplus
Has China been hiding the real state of its economic data? Putting extreme skepticism from the source temporarily aside, according to Bank of America, instead of the 61 billion in trade surplus, China may have 6.1 billion dollars, so far this year. This may be the same export situation as in 2008 when the financial crisis hit the world.
A Crisis of Authority
A theme emerging, in response to the growing Obama scandals, is that democracy is in peril. First, we are supposed to be a republic and not a democracy. Second, this is not a crisis of the republic, but a crisis of an authority that believes, and has stated, that the law is irrelevant.
White House’s 5th IRS Storyline
Since the IRS story broke, there has been 5 different White House stories as more incriminating facts come out. Paging Baghdad Bob! Your expertise in making their deception more believable is needed. Oh, and the head the exempt organization division in the IRS taking the 5th does not help. Truth is the mortal enemy of lies; however, if this White House ever told the whole truth about all of the the scandals, there would not only be calls for impeachment, but likely for high treason as well.
5 Facts from AP Scandal
Here are a few…
1. Weak privacy laws that doomed AP affect everyone.
2. Phone companies may give up your information without telling you.
3. The government uses “National Security” when there is no other legal reasons for their actions.
Clients Denied Gold
Egon von Greyerz says that clients are having tremendous problems getting their physical gold out of Swiss banks. With bogus excuses, like money laundering or regulations, banks are putting up legal, and possibly illegal, obstacles to prevent their clients from claiming their own gold. As the disconnect between paper and physical intensifies, so will bank excuses.
7 Things About The Media
Here are a few…
1. The mainstream media gets things wrong very frequently.
2. The American public do not consider the media to be very trustworthy.
3. Six mammoth media corporations produce about 90% of the media that Americans consume.
Average Credit Card Debt
According to officials at TransUnion, average credit card debt, per American, fell 1.7% to 4,878 dollars in the first quarter from 4,962 dollars in the same period last year. With that said, they are projecting that credit card debt will rise 8%, or to 5,446 dollars, by the end of this year.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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