Euro Is Doomed
According to a co-CEO of Saxo Bank, the recent euro rally is an illusion. He goes on to describe that the Europeans are under the false belief that the fiscal problem is contained, or being addressed. It is not and people have been dramatically underestimating the problems. In short, the euro is doomed.
France becomes the latest banana republic to erect new controls on cash transactions. They claim it is to meet the country’s optimistic budget deficit target of 3% of GDP; however, that is just BS. The plan is to prohibit any cash payments over 1,000 euros. Now, why do I sense a growing black market?
According to politicians, wall street thugs, and the media, the economy is on such a positive turn around that the following is happening… J.C. Penny is closing up to 350 stores. OfficeMax is closing up to 175 stores. RadioShack is closing up to 550 stores. Kmart are closing up to 225 stores. Kmart is still in business? Add to this is the fact that Walmart reported absolutely disastrous sales for the month of February. Anyway, disastrous sales, store closings, and the associated layoffs, are indicative of a booming economy… Not!
17 States Pick Up Obamacare
17 states and the District took on 100% of the financial burden of those Obama death care exchanges while 7 states will split the duties. The rest have essentially told Obama, and his cabal, to stick it where the sun don’t shine. So, where is Washington going to get the money to set up these exchanges?
Holder Vs. Homeschooling
Eric Holder has apparently come out against home schooling. Even though his three children attend private school, this criminal, who apparently participated in the illegal “armed” takeover of Columbia University’s Naval ROTC office in 1970, does not want Americans to have a choice to get their kids out the growing deviancy of public schools.
State Farm Flees Illinois
State Farm is keeping the move quiet so as not to alarm employees. With that said, when the Illinois state legislature passed a 67% hike in its corporate and personal income tax, State Farm will most likely relocate out of Illinois and into Dallas, Texas. So, Texas appears to be the future home of businesses, not only from fiscally irresponsible California, but Illinois as well.
Who Are Using Drones?
According to the FAA, 391 certificates of waivers for flying drones were issued in 2012. Of course, these are the non-classified ones because you know the FAA will not publish the classified ones. Anyway, at the top is the DOD at 201, then academia at 91 then NASA at 35. So, if you forgot what you had for breakfast, just call the government because they will know.
Turning the Tables
Several gun making companies have announced they will no longer sell to any level of government, national, state or city that is anti-gun.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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