121020 – Political Black Swan



Today’s Items:

First…
Mexico Bans Large Cash Transactions
http://www.thedailybell.com

Mexico has joined other nations on the war on cash. In about 90 days, cash transaction over half million pesos, or about $39,000, will be illegal.   Violation of this law caries a penalty of five years in prison and Mexican prisons are not the country club like prisons in the US.

Next…
Is Euro Zone Really Back ‘On Track’?
http://www.cnbc.com

French President Hollande seems to think that the euro zone is “on track” to solving its crisis during yet another summit.   Greece on fire, Spain and Italy in fiscal turmoil and Germany being asked to bail out everyone.   Yes, the EU is back on track; however, the track leads right over the fiscal cliff.

Next…
The Political Black Swan
http://www.zerohedge.com

Just imagine a Bush vs. Gore tie fiasco coming at the same time as a major fiscal cliff.   Things are gearing up for such a scenario in this election where the political wheels will be frozen solid as people fight for the position of head puppet.   On top of that, add the tax increases and the mandatory government spending cuts and one can easily imagine absolute chaos.

Next…
American Savings
http://philadelphia.cbslocal.com

A recent survey finds that 40% of Americans have less than $500 in savings.   Not all respondents were poor. In fact, some had big houses, big mortgages or 401(k)s; however, they did not have five Benjamin’s to rub together right now.   One should have an emergency fund set aside to address unforeseen circumstances and $500 just does not cut it.   Of course, loss of jobs due to lack of demand is not unforeseen.

Next…
Problem is Demand
http://globaleconomicanalysis.blogspot.ca

First IBM, then Intel, and now Google.   The quarterly statements from these three, and others, are showing that this economy, despite the BS put forth by the mainstream media and politicians, is beginning to grind to a halt.   The only real counterbalance to this negative economic activity is the the fact that the FED is printing money out of thin air.   And that will only last so long before the whole house of cards crashes down.

Next…
Congress Orders FEMA to Plan for Mass Fatalities
http://www.naturalnews.com

HR 6566 would amend the Homeland Security Act to mandate that FEMA immediately begin conducting “mass fatality planning” in preparation for a major event or series of events that may kill off untold numbers of people. The bill would set up a FEMA dictator with the power to control how local communities, private businesses, nonprofit organizations, religious organizations, and even individuals prepare for and respond to a mass fatality event.    What do they know folks?

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.

Obama Rejects McCain’s Advice on Biden


News Flash:

People were expecting Obama to dump the bumbling incompetent Biden for the more internationally respected Hillary Clinton; however that did not happen. Instead, the White House has politely told John “Insane” McCain where to go stick his ideas.

Perhaps a good reason is that no wannabe dictator, like Obama, wants to be viewed as replaceable with a strong second, like Hillary Clinton, on his backside; thus, the decision to keep Biden. It can be reasoned that more people may be more afraid of Biden having his finger on the nuclear, or economic, button; thus, less likely to get rid of Obama. I think I am going to be sick folks!

Source: http://content.usatoday.com


All content contained on the Hyper Report, and attached video is provided for informational and entertainment purposes only. ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content in this video 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 video is your sole responsibility.

120628



Hyper Report recommends the reading of Gregory Mannarino’s The Game is Rigged


Today’s Items:

First…
Negative Interest Rates
http://www.bloomberg.com

The European Central Bank could reduce the bank’s deposit rate to zero or even lower.  If the ECB cut the deposit rate, it would take an important profit opportunity away from banks.  The possible result of this is further credit contraction, which will make the EU economy worse.

Next…
Mitt Romney Says He Could Wage War on Iran Without Congress’ Approval
http://www.youtube.com

Like his soon-to-be predecessor, Obama, Romney has effectively stated he does not recognize the need for Congressional Approval, as per the U.S. Constitution, to wage war against Iran, and by extension… Russia and China. So, in November, the U.S. will have a change in dictators.

Next…
Major Markets to Resume Their Decline
http://kingworldnews.com

Citibank analyst, Tom Fitzpatrick, believes that Germany will be consistent with its fiscal beliefs and will continue its hard line. In addition, he believes that the EU summit at the end of the week will mirror past ones and will end with no tangible resolutions. The result of course, will be a further deteriorating condition in Europe until the next emergency summit. And the wheel goes round and round.

Next…
We’re On The Edge of Collapse, We’ve Run Out of Time
http://kingworldnews.com

John Embry believes we are on the edge of collapse. He believes that if the euro does split apart, because of the fiscal brinksmanship, it will be chaotic. If it does not, then they will vote to print up more euros and it will be inflationary. He goes on to say that we have never, ever been remotely in a condition like this in all of world history. Hmmm…. Sounds like that Chinese curse… May you live in interesting times.

Next…
The truth about the Fast and Furious scandal
http://features.blogs.fortune.cnn.com

The main stream media is now locked in a furious attempt to explain why they have completely ignored this incredible story for almost two years now. This lame article actually had the nerve to claim, in the third paragraph, that there is no federal statute that outlaws firearms trafficking. So, what they are implying is that the Department of Injustice and the ATF have spent hundreds of millions of dollars trying to stop people from engaging in legal acts of commerce?

Next…
The Government Is Here To Help You Lose Weight
http://www.weeklystandard.com

Well, big brother government is ramping up its fight against fat people. Yes, a federal health advisory panel has recommended that obese adults receive intensive counseling. These taxpayer funded “Chew-the-fat” sessions would be geared to help people lose weight with the old mantra “eat less and exercise more”.  Excuse me, my pink slime burger and shake are calling for me.

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.