Indian Central Bank Vs. Dealers
During this holy time, many dealers in India are selling gold coins… Even without their Central Bank’s blessing. They are hoping that the gold ban will be lifted in December; however, this apparently could be the initial line in the sand between the Indian marketplace and the corrupt Indian Central Bank.
Home for Felons
Sebelius has acknowledged that it is likely that a convicted felon could be a navigator for Obamawreck. So, not only is the copyright infringed Obamawreck website a high-security risk that the White House granted a waiver on, but, if you decide to talk to a navigator instead, be ready to be a victim for identity theft, or some other major crime.
14 Facts About The Internet Stock Bubble
Here are a few examples…
1. Even though Twitter has lost 64.6 million dollars last quarter, it is expected to raise 2 billion dollars with its IPO.
2. Business review website Yelp has never earned a quarterly profit, yet its stock is up 241% this year.
3. Fab.com just raised 165 million dollars from investors even though it recently laid off 44o employees.
Can you say Dot com bubble?
No Job, No Problem
A Wall Street Journal poll reveals that 34.3% of Americans, over the age of 16, do not want a job. This is up from 30% two decades ago. Being unemployed, or under-employed is a major problem; however, not even wanting to be employed is an even bigger problem.
Shades of Solyndra
Failing to heed the lessons of the Solyndra debacle, Department of Energy officials kept quiet about their knowledge that a 100 million dollar government-backed electric car charger company, Ecotality, also located in California, would not meet the terms of its taxpayer funding. They could have tried to blame this on the government shutdown; except, Ecotality declared bankruptcy in September. Another black-eye for Obama.
Student Loan Debt
The amount of outstanding student loan debt to the Federal Government has gone from about 119.8 billion dollars in January 2009 to about 674.6 billion dollars today. This is a 463% increase compared to 76% increase between 2001 and 2009. It is going to take a lot of burger flipping, by part-time college graduates, to pay off those loans.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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