120901 – The New Low Wage Job Normal



Today’s Items:

First…
Bernanke at Jackson Hole: No More Easing, For Now
http://www.cnbc.com

Many had expected Benji Bernanke to come out and announce another round of QE, while in Jackson Hole; however, foreign investors – like the BRICS, have been quietly threatening retaliation if that happened.   Already, bilateral agreements between multiple nations are resulting in the  dropping of the dollar and the dollar stands at the edge of being dropped as the world’s reserve currency.  With all that said, the worsening economy will force the FED to print sooner or later.

Next…
Investors Assets To Be Stolen In The Coming Collapse
http://kingworldnews.com

Egon von Greyerz believes that the illusion of wealth people are living under will vaporize like the $1.6 billion at MF Global. Unfunded liabilities and huge yearly deficits are going to be the undoing of the economic system that we see today.   When banks go under, they will take their depositor’s wealth with them and do not even think about the FDIC folks.   Simply put, if you do not have it in your hands, you do not own it. Also place a good amount of wealth into things without counter-party risk, like gold and silver.

Next…
Majority of New Jobs Pay Low Wages
http://www.cnbc.com

According to a new report from the National Employment Law Project, many new jobs created are low wage jobs. The disappearance of mid-wage, mid-skilled jobs is part of a longer-term trend that some refer to as a hollowing out of the work force.   Lower-wage occupations, with median hourly wages of $7.69 to $13.83, accounted for 58 percent of all job growth since 2008.Needless to say, you can forget about employer health insurance and retirement plans here folks.

Next…
What State Is The Best Place To Live In America?
http://theeconomiccollapseblog.com

Here are the states where you possibly do not want to be when it hits the fan… California, Delaware, Louisiana, Michigan, New Jersey, and New York.   Here are the states where to potentially move to… Alaska, Colorado, Idaho, Kansas, Montana, Nebraska, North Carolina, North Dakota, South Carolina, South Dakota, and West Virginia.   I still think Texas is good though.

Next…
Did RNC “Scripted” Rules Change Start A Civil War In The Republican Party?
http://www.youtube.com

The Republican Party Criminal Leadership, in changing the rules in midstream with this bogus Rule 16, have essentially forever cut the RNC from grassroots by forcing delegates to vote the way the leadership wants to them vote or be disqualified to vote.   Needless to say, as more and more information gets to the grassroots of the extent of this ruling, the Republican party will not survive as it is now.

Next…
Ballistic Precious Metals
http://sgtreport.com

Having your food, precious metals, and other supplies is great; however, make sure you can protect yourself, and your loved ones, when it hits the fan.  Ammunition, like gas, gold and milk only have one direction to go when it comes to price and that is up. Anything, from a war to a presidential executive order banning imports of cheap ammo can make the price skyrocket even further. To that end, please ensure you have a ample supply before you really need it. After all, it is better to be a year early than an hour late when it comes to preparing.

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.

120608



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


Today’s Items:

First…
France Doubles Down on Fiscal Insanity
http://www.americanthinker.com
http://www.rt.com

As Spain is downgraded by Fitch to BBB, everyone in the EU is looking for ways to get out the debt pickle; however, politicians in France have decided they can spend their way to prosperity by lowering the retirement from 62 to 60. So, how can we insert the letter “F” into the acronym P.I.I.G.S? Guess we can say F and P.I.I.G.S.

Next…
Fed Could Act if Economy Weakens
http://www.cnbc.com

Wall Street has been waiting with breathless anticipation as their crack daddy Benji Bernake announced that the FED could take action if the economy weakens. Translation: Stocks jumped as everyone is getting ready for more quantitative easing, or money printing. So, get ready for food, oil, and other commodities to go up big time.

Next…
The National Debt Isn’t $15 Trillion. It’s $50 Trillion
http://blog.american.com
http://www.economist.com

Measuring America’s debt on an accrual, rather than cash basis, grows the current shortfall from $15.7 trillion to over
$50 trillion. Take note that the World GDP in 2011 was about $70 trillion.

Next…
Gold To Be Viewed As Risk Free Asset In This Chaos
http://kingworldnews.com

Investors are racing here and there trying to find out where global markets are headed. Major Banks in both the Euro-zone and the U.S. are effectively insolvent and are desperate for capital to cover their casino-like losses. We continue to see money flowing into government securities as bond yields come down and an increasing number of people are seeing gold, and other physical commodities like silver, as a ‘risk-free’ asset. In short, after preparing, keep stacking.

Next…
Obama’s Third-Party History
http://www.nationalreview.com
http://www.realclearpolitics.com

Well, it may not be any surprise to anyone with an IQ greater than their shoe size; however, new documents are emerging showing how Obama, the liar-n-charlatan, hid his close affiliation with Chicago Chapter of a socialist party controlled by ACORN. Bet people cannot wait to see what snakes are in Romney’s closet since he also is secretive about his past.

Next…
10 Things That We Can Learn About Shortages and Preparation From the Economic Collapse in Greece
http://lewrockwell.com

Here are a few…
1. Food Shortages
2. Medicine shortages
3. Power shortages
4. Water shortages
See a pattern?

Next…
Voters in California Back Pension Cuts for City Workers
http://www.nytimes.com

In San Diego and San Jose, voters, by about 70%, approved ballot initiatives that cut retirement benefits for city workers. Looks like the voters are waking up to the gravy train that public employees have been on. If only they could cut the spending at the state level; however, that is not going to happen.

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

The opinionated content contained in the Hyper Report text and videos are provided for informational and entertainment purposes only. Please use the information found within this site as a starting point for conducting your own research and before making any investing decisions. All stories are sourced and the information is assumed to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information.