140522 – Tax Quirks


Today’s Items:

First…
Indian Gold Problem
http://www.zerohedge.com

The Indian government hopes to contain gold imports well below the 845 tones that were shipped last year.     Of course, their attempt to crush popular demand for gold merely resulted in soaring and increasingly more ingenious attempts to smuggle gold into the country.     Because this smuggling is not generating revenue for the government, they plan to relax the strict rules.

Next…
Mother of All Corrections
http://www.bullionbullscanada.com

The Chinese real estate market is crumbling as housing starts have dropped 15%.     This was not at all unexpected after Chinese credit expanded from 9 trillion dollars in 2008 to 25 trillion dollars as of this month.      So, if China is the so-called “economic engine” of a fictional global recovery, imagine what will happen when the Chinese “bubble” pops.

Next…
Russian Gold Reserves
http://www.goldcore.com

Russia bought 900,000 ounces of gold in April as they continued to offload U.S. Treasuries.      Gold as a percentage of the overall Russian reserves is about 10% as they now have 34.4 million ounces.

Next…
Fake Vaccination Programs
http://www.zerohedge.com

The CIA organized a fake vaccination program in Pakistan several years ago in order to get Osama bin Laden’s family DNA.     Naturally, many Pakistanis were none too pleased about the CIA’s idiocy.     Now, the entire world may never trust any vaccine program that has any U.S. connections.    Sounds like a good thing to me.

Next…
News Is What You Think It Is
http://dailycaller.com

CNN President, Jeff Sucker err…  Zucker, said that they are not going to cover Benghazi.     Is it any wonder why CNN has sinking viewer ratings?  If CNN went off the air, would anyone seriously miss them?

Next…
Tax Grounding
http://www.nestmann.com

Newly authorized IRS access to Customs and Border Patrol databases will prevent those, whom the IRS tags with a click of a mouse, from leaving or re-entering the country.     In addition, if a proposed law takes effect, the IRS will be able to revoke passports of U.S. citizens under certain circumstances without any formal charges.

Next…
Negative Tax Rates?
http://weissratings.com

The largest Life and Annuity insurers made billions in 2013, but paid no U.S. tax on that income.    The effective tax rate of the largest 25 insurers, by asset size, was negative 8.4%.    With 21.6 billion dollars in net income, the negative effective tax rate for the top insurers equates to tax free income.

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.

121119 – They’re Dumping Treasuries



Today’s Items:

First…
Foreign Purchases of Treasury’s Plunge
http://www.philstockworld.com

Since Benji Bernanke enacted QE Infinity in September, foreigners have been net sellers, around $18.3 billion, in US Treasury’s.    The outflow was a dramatic reversal from the August $42.9 billion in purchases.     China only bought a token $300 million; signalling their disapproval of US finances.     Make no mistake, while the American people can be fooled by US propaganda, foreign governments are not.    So, the Treasury will have to find other sources of revenue.

Next…
Obama Begins Push for New National Retirement System
http://www.nationalseniorscouncil.org

Private IRA’s and 401k plans are the target for the Treasury Department in attempt to bring in badly needed revenue.    The cover story is trying to address why Americans are not saving as much for their retirement as they could.    It is interesting that these government criminals are using savings as the excuse when the government and the Federal Reserves’ actions were intended to increase consumption; thus, divert money from savings.

Next…
The Death Tax
http://www.foxnews.com

Struggling farmers and ranchers are having to deal with their arch enemy, the US government, again.    Beginning in 2013, the death tax will sour and Congress, with the fiscal mess, will unlikely stop it.    Up to 97 percent of American farms and ranches will be subject to an estate tax where the exemption is set at $1 million.    The drastic increase of a tax of 55% on estates of $1 million or more will force many farms into bankruptcy.

Next…
Your Financial Bomb Shelter
http://www.caseyresearch.com

To preserve your standard of living, in relation to very high inflation, according to Louis James, of Casey Research, you must have two-thirds of an ounce of gold for every $1000 of monthly living expenses now.    This means, that to live on $1000 a month now, you will need 7.5 ounces for 1 year, or 37.5 ounces for 5 years.    Personally, I believe, with the paper manipulation going on, the amount of gold could be much lower…    Perhaps 1/10 ounce of gold per $1000 dollars.    In addition, the Silver-to-Gold ratio is bound to collapse; therefore, silver can easily play into the financial equation as well.    With that said, after preparing, keep stacking physical.

Next…
JP Morgan’s Technical Food Stamp Glitch
http://atlanta.cbslocal.com

Because of a technical outage at JP Morgan, millions of food stamp recipients in 10 states; such as, Georgia, Kentucky, Delaware, and Connecticut, were unable to use their debit cards for six hours last Friday.     Can you imagine the pandemonium that will ensue when the Department of Homeland Insecurity shuts off the internet for national security reasons for days?    Hell, this could easily have been a test run.

Next…
Your Wallet
http://www.kiplinger.com

Here are things you should never keep in your wallet…    Your Social Security Card, Password cheat sheet, spare keys, checks, Passport, multiple credit cards, Birth Certificate, or a lot of receipts.

Next…
Maker of Airport Body Scanners Suspected of Falsifying Software Tests
http://www.wired.com

Rapiscan was having problems with its software and might have manipulated the tests to the TSA about the X-rated, and dangerous, back-scatter machines used at airports.    They are having problems making the chalk-like outline of a body instead of the one that privacy groups object to.    Question, if the people at Rapiscan are falsifying tests, in regards to image output, could it not be possible that they also falsified and rigged safety tests?    When you think that these machines are barred in the EU, it is a serious question to be answered.

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.

121019 – Welfare Spending Up 32%



Today’s Items:

First…
Why Are Gas Prices Falling?
http://www.cnbc.com

Gas prices are falling, almost 20 cents in some states, for the following reasons…
1. Less gas used at this time of year.
2. The switch to the less expensive winter grade.
3. Refinery glitches have been addressed.

Next…
Feinstein Protects Her Gal Pal (Hillary Clinton)
http://sanfrancisco.cbslocal.com

Diane Feinstein stated that it appeared an intelligence mistake along with inadequate security were to blame for the September 11 terrorist attack.    For some mysterious reason, she fails to mention the State Department’s denial of more security by those in the field.   Now, I wonder why?

Next…
London Trader
http://kingworldnews.com

In the past few days, the London Trader has come out with the following dealing with precious metals…
1. The competition to buy physical gold is becoming extremely fierce.
2. The bullion banks had to halt gold’s advance or the weak shorts would have collapse causing a massive price explosion.
3. The LBMA Ponzi price fixing scheme is coming to an end with the physical silver market being extraordinarily tight.

Next…
U.S. to Get Downgraded
http://www.bloomberg.com

Scott Mather, Pimco’s head of global portfolio management, says that almost all sovereigns with poor debt dynamics, like the US, are going to get downgraded.   Only the pace of the downgrades will be different.    In addition, the Congressional Budget Office warns that if the tax increases and spending cuts that start in 2013 happen, then there will be another recession.    So folks, sit back and enjoy the political and economic kabuki dance.

Next…
Welfare Spending Jumps 32% in Four Years
http://www.washingtontimes.com

From 2008 to 2011, the 80 programs that make up welfare, like food stamps to direct cash payments to the poor, have gone from $563 to $746 billion, or a jump of 32%.

Next…
First Brownshirt Class
http://www.cbs42.com

231 Hitler err…  FEMA Brownshirt err… Corps made history recently by being the first class to graduate.    Unreliable sources claim proud mothers cried as graduates took turns groping them down during the ceremony.    Many will headed to the Gulf Coast to assist with Hurricane recovery and after completing 1700 hours of service, these NAZIS err… FEMA Corp members would receive $5,550.

Next…
Get Your Passport Now
http://www.economicpolicyjournal.com

Unless you know the dates of all of your mother’s pre- and post-natal medical appointments and the names and phone numbers of people attending your birth, you may not be able to successfully fill out the new Biographical Questionnaire for a U.S. Passport.   In short, if you do not get a passport very soon, you will most likely not be able to get one.

Next…
Student Loan Debt Hits Another New Record
http://www.cnbc.com

At $26,600, the average college graduate’s debt has hit a new record.   The students in New Hampshire, on average, have the highest debt over $32,000.   Nothing says slavery like a mortgage like debt without the house.

Next…
Survivalists Health
http://www.zerohedge.com

Having the right tools, firearms, and food storage may not be enough to endure an economic collapse.    Physical strength, endurance, flexibility, adaptability, and mental discipline are all attributes of a true survivor.    Learning to defend yourself should be a worthwhile goal.   Or you could just resort to slapping.

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.