Collapse To Accelerate
According to Richard Russell, since World War II, we have been living through the greatest boom in recorded history that is ending and is usually characterized by lies and frauds. He goes on to say that stores that used to be crowded are now close to empty and the economic gap is widening. He calculates that real U.S. unemployment is close to 23%, which is near to the 25% of the Great Depression.
22 Demographic Tsunami
Here are a few…
1. Today, there are 40 million senior citizens. By 2050, it could balloon to 89 million.
2. 29% of Americans have less than a 1000 dollars saved for retirement.
3. Today, only 10% of private companies in the U.S. provide guaranteed lifelong pensions for their employees.
4. Overall, the Social Security system is facing a 134 trillion dollar shortfall over the next 75 years.
Obama Violates Law
With another delay in the employer mandate, Obama has again violated the December 31st, 2013 deadline specifically stated in Obamawreck law. To this end, if this law is not enforced, it is effectively null and void and should not be enforced in the future because it would be an act of discrimination.
Members of the CBO, who must have received some type of severed animal head in front of their offices, while not proclaiming Obamawreck as Utopia, have now decisively downplayed their projections. With that said, no amount of soft talk, by anyone, can dispel the fact that small business employment, the engine of the economy, will be reduced as a result of this boondoggle.
The chief executive of AOL disclosure of health care details of two employees may have a lasting impact on how Americans feel about employers data-mining their personal lives. Many Americans are likely uncomfortable about their employers knowing intimate details about their families personal illnesses and treatments. Well, get used to it, because Obamawreck was apparently technically designed to allow everyone to access all medical details on anyone.
Our Bank Accounts are Not Safe
Please watch this short video on how governments, and their agencies, like the FDIC, have positioned themselves to seize the people’s paper financial assets from private bank accounts to IRA’s. It is very likely that politicians, in both political parties, are on the move to make you kiss your paper assets good-bye.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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