Wall Street’s Republican whore err… pawn, also known as Eric Cantor, lost big time to a Tea Party candidate. It turns out that Boeing, recipient to low-cost taxpayer-funded lending, may be the biggest loser to Canter’s defeat. John Boehner teared up to the unexpected loss. It’s not often that tears drives me to smile, but I hope this starts a trend.
Global Housing Alarm
The goons at the IMF are sounding a global housing alarm; in that, they published new data showing house prices are well above their historical average in many countries. Of course, there are exceptions, like Japan, where housing prices are 41% below its long-run average relative to incomes
19 Facts About U.S. Economy
Here are a few…
1. The number of planned job cuts by U.S. employers is on the rise again.
2. One out of every six men in their prime working age, ages 25 to 54, do not have a job.
3. 53% of wage earners in the United States make less than 30,000 dollars a year
4. The average age of vehicles on America’s roads has hit an all-time high of 11.4 years.
5. The U.S. economy did not experience any economic growth during the first quarter of 2014.
After years of Janet Incompetano lying to the public stating that the border was never more secure, her successor, Jeh Johnson now acknowledges that there is a problem… Well Duh!!!! He goes on to say that the fault cannot be blamed on Obama. That was likely because Obama was too distracted with golf, Obamawreck, and destroying the U.S. Constitution, in that order, to give a flip about national security.
Despite national attention to the issue of firearm violence, most Americans are unaware that gun crime, according to a Pew Research Center analysis of government data, is down 49% since it peaked in 1993.
Obama’s working feverishly with Senate socialists err… Democrats to build political pressure to force taxpayers to pay for mounting student debt. Sound familiar? Think GM, AIG, or To Big for Jail banks. That big sucking sound is Obama near your wallet.
A new law that goes into effect on November 1st, makes gold and silver coins legal tender in the State of Oklahoma. The law eliminates a tax on precious metals for investors. After all, it does not make sense to tax a currency.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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