Debt Limit Again
Well, Jack Lew is likely setting the stage to withhold tax refunds as he claims that the U.S. government could default. Yes, these jokers are running out of other people’s money to spend; therefore, look for national parks to be closed with claims that the sky is falling, yet again.
Wealth To Be Destroyed
According to Egon von Greyerz, the world is now worrying that there will be even less liquidity around because the U.S. is now cutting down on the rate of money printing. He goes on to say that stock markets are now starting a secular bear trend which will last for many years and we could see falls of massive proportions. This situation, along with the dismal global employment situation, means many people will not have money for food.
Obama Needs Help
Even though Obama won commitments from 300 companies to reach out to the over 4 million unemployed for over six months, many business leaders, who tend to oppose Obama on ideological grounds, do not want take unwarranted risks with all of the political uncertainty going on in Washington. Until the Washington house of cards is either straightened up, or collapses, do not expect to see real employment growth.
Obama’s IRS Lie
Despite the IRS admitting they targeted groups opposed to Obama, Obama stated that there was not even a smidgen of corruption. Obama has chalked up the IRS scandal to mere mistakes. Demonstrating, once again, why he makes Nixon look like Mother Teresa.
In places like Gary, Indiana, one can buy a house for just one dollar!
There are four things though you need to know about these bargains…
1. Most of these homes are totally trashed.
2. You assume all financial liability.
3. These homes are in very high crime neighborhoods.
4. Property taxes are very high for these cities.
I think I’ll pass.
Obamawreck Does It Again!
Tens of thousands of people, who discovered that the Obamawreck website made mistakes as they signed up for this boondoggle, have discovered that the site cannot be made to fix those errors. For now, any correction appeals are sitting, untouched, inside a government computer; however, a possibly criminally convicted Obamawreck Navigator may review those appeals… Someday.
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.
Pingback: HyperReport – 140204 – Debt Limit Again – 4 February 2014 | Lucas 2012 Infos