140627 – GDP Disaster

Today’s Items:

Safe Hands?

German politicians are actually saying that the Fed is taking good care of their gold.    So, receiving 5 tons of poor quality gold, when promised 84 tons in the first year of repatriation, is good?    They cite that it is safe to store gold reserves outside the country so it can be swapped for more foreign currency in an emergency.    That gold is about as safe as a keg of beer at a frat house during homecoming.

Death Bed

Things in America are becoming increasingly difficult.     It is estimated that the buying power of five dollars in 2013 was equivalent to $3.26 in 1995.     If countries that have been forced to trade in U.S. dollars against their will get a chance to switch to another currency, they will.    It is only a matter of time.

GDP Disaster

2014’s first quarter GDP was -2.9% which is far below the expected -1.8%.    What is interesting is that 250 billion dollars in federal debt bought negative 74 billion dollars in GDP.     Bank of America and White House officials have announced that is was because of the winter.    Of course, the blame for the second quarter will be blamed on El Niño.


Seasonal flu vaccines, which are pushed on virtually everyone these days, including young babies, pregnant women and the elderly, contain upwards of 51 parts per million of mercury, or 25,000 times the legal maximum for drinking water established by the EPA.     Mercury is one of the most poisonous substances known to mankind and speaking of the EPA…

EPA Rules

EPA supervisors, at the Denver office, have instructed their employees to stop defecating in the hallway.     At least it is not poisonous and maybe they’ll post signs?

PIN Codes

Thanks to Google Glass, a person can record your PIN code on your iPad from 10 feet away.     With high-def camcorders, that distance is increased to 150 feet.    One cautious hand over the screen might be the answer or just dump the smart devices.     Speaking of smart devices…

Warrant Required

In some welcomed good news, in unanimous ruling, the U.S. Supreme Court ruled that police must obtain a warrant to search a suspect’s cellphone unless there is an emergency circumstance.      Now, does this also include people in the ‘Constitution Free‘ zone as well?

Finally, please prepare now for the escalating economic and social unrest.     Good Day!

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