160410 – No Time Left?

Today’s Items:

Purchases with Fingerprints

Starting this summer, the Japanese government will test a system in which foreign tourists will only be able to buy items using only their fingerprints. The claim is that it will prevent crime and relieve users from the necessity of carrying cash or credit cards. Only an idiot would believe that this is any good because there are a multitude a ways, from superglue to baby powder, to lift fingerprints. In short, this is another front on the war on cash.

U.S. Debt

An auditor for the Government Accountability Office told lawmakers that in the next few years the federal government will owe more than the U.S. economy produces. In addition, an audit also called into question the reliability of the government’s financial statements; thus, we are likely beyond that point now.

Comparing 1930s and Today

Here are just a few differences between the 1930’s and today…
1. In the 1930’s, banks, insurance and big companies went under, today bankruptcy laws keep them afloat at taxpayer’s expense.
2. In the 1930’s, if a person lost their job, there was no safety net, today, there is unemployment and welfare at taxpayer’s expense.
3. In the 1930’s taxes took a maximum of 23.2% if they were a millionaire, today, there are so many taxes, it stifles incentive.

No Time Left

Please watch this video on how our economic system is wobbling as printing of currency is going into the market like a fire-hose filling a Dixie cup.

“Active Shooter” Drill

History shows that terror attacks take place during drills by government agencies. To that end, it appears the government is getting the population ready for a national police state. In one recent active shooter drill, the local police were not even aware of it as they responded to frightened citizens calls.

Fast and Furious

After four long years of investigating Obama’s role in running guns to Mexico, and the death of hundreds including a border patrol agent, the Justice Department has finally released documents. It is not lost on anyone that this is taking place well after it could do any significant damage to Obama.

Facebook Stressed

People on Facebook are not sharing their personal information and this ‘context collapse’ has Facebook concerned. See, if people are not sharing their information, they will leave Facebook, which in turn, will result in a drop in ad revenue. While people share news stories, personal information is getting more sparse and this is likely the result of Facebook stand on privacy and selling people’s information.

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

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