Tag Archives: Unemployment

140125 – American Anger

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Today’s Items:

First…
Europe’s Young Unemployment Idea
http://www.zerohedge.com

Europe’s under 25 population has an unemployment rate of 24.4%.    Greece has proposed a measure to counter this problem.    Allow those unemployed up to 24 years old to work without pay as an incentive to companies to hire young employees?    The measure also suggests exporting young unemployed people as well.    Hmm….    In the old days, this used to be called slavery.    Today it’s called…   Wait…   Justin Beieber was arrested!    Oh, the humanity!

Next…
Withdrawal Restrictions
http://www.bbc.co.uk

HSBC, and soon other Too-Big-For-Jail banks, now has new rules on limiting withdrawals.      Of course, they did not tell their victims err…  customers; however, these new rules actually went into affect as of last November.    Another reason to get your money out of the banking system yesterday.

Next…
Biden Speaks Up
http://cnsnews.com

Well, Joe Bidin has allowed everyone to know what an ongoing failure that Obamawreck is.    When asked how many new Medicaid enrollees there are.    Biden stated ‘We don’t have the ability to’ determine new Medicaid enrollees.’

Next…
20 Signs of Global Economic Meltdown
http://www.shtfplan.com

Here are a few…
1. The looting, violence and economic chaos in Argentina as its peso collapses.
2. The Ukraine coming apart at the seams.
3. U.S. retailers experiencing the worst holiday season since 2008.

Next…
19 Stats On American Anger
http://endoftheamericandream.com

Here are a few…
1. 66% are dissatisfied with the size and power of the federal government.
2. 53% believe that Obama’s gang are incompetent while only 8% believe Congress is.
3. 77% essentially believe Obama is full of B.S. in regards to NSA reform.
4. 42% view themselves as independent as main political party affiliation is at an all time low.

Next…
Magnetic Wheaties
https://www.youtube.com

Wheaties breakfast cereal has been found to contain so many iron filings that the flakes can be attracted by common magnets.     So, are Wheaties safe if you are going to get an MRI on your abdomen soon afterwards?

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.

Thank you.

140113 – Ugly Job Report

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Today’s Items:

First…
China Trade
http://www.bbc.co.uk

China has claimed that they have “very likely” overtaken the U.S., which had 3.5 trillion dollars in trade in the first 11 months of 2013, as the world’s top trading nation, a title the U.S. has held for decades.    Even if this is true, with the Baltic Dry Index seeing a collapse in the cost to ship bulk by 35%, or the worst level in 30 years, who may be on top in trade may be irrelevant.

Next…
Job Farce
http://www.zerohedge.com

The unemployment dropped to from 7.0 to 6.7% mainly from workers leaving the labor force.     In fact, the ratio of workers leaving the labor force exceeded the 74,000 who got jobs in December by a ratio of 5 to 1.    It is even worse when one considers that over half of the jobs added were temporary seasonal jobs.     With 91.8 million American adults not in the labor force, the participation rate of 62.8% has plunged to 1978 levels.    You just know that this report is bad when the Obama boot-licking MSNBC call the report awful and ugly.

Next…
Killer Drones
http://www.breitbart.com

Last year, the number of innocent people ‘accidentally’ killed by U.S. drones exceeded the number of Americans killed on 9-11.    In fact, the 4700 killed, by drones, greatly exceeds the 2600 killed on 9-11.     Remember, these drones are not autonomous yet; therefore, who exactly are the terrorists again?

Next…
QE5
http://www.zerohedge.com

The Federal Reserve may have a new reason to turn up those printing presses and further devalue the U.S. Dollar.     The reason is because of Obamawreck and its impact on all areas of the ongoing systemic collapsing American economy.     Hey, at least they won’t claim a polar vortex as a reason…    Yet.

Next…
EPA Supersedes Congress
http://dailycaller.com

Officials at the EPA unilaterally declared the town of Riverton, Wyoming as part of the Wind River Indian Reservation.     This goes against the 1905 Act by Congress that determines boundaries of Indian Reservations.    Aside from the obvious question of Separation of Powers, just when did the EPA have dominion over Indian Reservation boundaries?

Next…
Dragging Their Feet
http://www.washingtontimes.com

In a criminal investigation, victims are the first, if possible, to be interviewed.   Well, it has been seven months since the IRS’s targeting of groups opposed to Obama was exposed, and now, the FBI has now finally started contacting these groups.     Don’t worry, you can be assured that the final FBI report, probably already written, will declare little or nothing illegal happened if the report even sees the light of day.

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.

Thank you.

Extended Unemployment Loans?

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In his latest rant at the White House, Obama decided to promote the idea of extending unemployment insurance to get away from the massively unpopular Obamacare. In short, he is pulling a classical “Bait and Switch” on the American people hoping, against hope, nobody notices.    Although, I am only glancing through the remarks, I have noted the following Obama “inaccuracies” to put it mildly…

So, let’s get into the meat, or the pink slime, that is the Obama argument for extending unemployment benefits.  He wants Congress to re-instate the extended unemployment benefits because, in his own words… “Voting for unemployment insurance helps people and creates jobs, and voting against it does not.”    If he means government jobs to oversee the unemployment insurance, that is correct.    If he means anything else, like in the points above, he is lying – which is nothing new.

There is an old saying, “Give a man a fish, and you feed him for a day; show him how to catch fish, and you feed him for a lifetime.”   By just extending unemployment insurance without end, all we are doing is just giving more ‘fish’ away and not achieving any long term goals of getting people out of the social welfare net..   It is time for those capable, to learn how to ‘fish’.

Perhaps, one possible solution to extended unemployment insurance, beyond the 26 weeks that states provide, could be a 1 year loan that has the same payback features as school loans.   Just something to think about.