Holiday Shopping Season

While appealing to emotional desires for more stuff we do not need, corporate bottom lines do not want you to realize how close to the fiscal cliff we really are.

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Tuesday, August 26, 2014

Ammunition now plentiful one year after mass shortages

About a year ago, ammunition shortages were causing fear and panic in the gun community, especially after news came out of the Department of Homeland Security’s purchase of over one billion rounds for government use.  Additionally, the continuous message being made to honest Americans by politicians like President Obama, former NYC Governor Michael Bloomberg, and a host of others that new gun laws and restrictions were headed down the pike, caused many of the 90 million strong gun owners to hoard ammunition for fear it would no longer be plentiful.

But as with all crisis, fear and panic normally dies down once the media stops reporting on a topic, and the politicians move onto other agendas.  And as we can see from the most recent gun show held in Reno, NV on Aug. 17, ammunition was not only widely available, but prices had fallen more than 50% from their highs just 12 months ago.



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Wall Street bankers follow Obama’s lead and raise salaries of their employees by 20%

For banks like Goldman Sachs and Morgan Stanley, where access to cheap money is as easy as dialing up the Fed, it is of no surprise that despite wages falling for 99% of the American workforce, these institutions have no problem giving out raises to their employees at the same time when President Obama is calling for all businesses to hike up their costs through the increasing of the minimum wage.

Goldman Sachs Group Inc. will increase 2015 salaries for junior employees in the U.S. by about 20 percent, according to a person briefed on the decision.
 
The raises will apply to employees with the title of analyst across all divisions, said the person, who asked not to be identified speaking on personnel matters. Analysts are typically recent college graduates.
 
 
 

Federal Reserve branch bank concludes Obamacare a disaster for businesses

Each month, branch banks for the Federal Reserve send out questionnaires and surveys to businesses as a way to test the climate of the economy.  In the month of August, the Philadelphia branch asked businesses what the full extend and effect so far from the new Affordable Healthcare Act (Obamacare) was, and the responses they received were a disaster.  In the majority of responses, businesses either let go of employees to adjust to the higher costs imposed upon them by the Federal government, moved full time employees to part time status, or, changed benefit plans so that employees would be forced to pay more towards their premiums.



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Putin adviser: Transition to new global economy will require war

The term revolution has multiple meanings dependent upon the perspective of the rebels seeking it, and the establishment trying to keep it from occurring.  But throughout the annals of history, revolution has never come easily, and almost inevitably is achieved through violent action, or in many cases, all-out war.

For Russia, which understands the concept and history of revolution within their own peoples, the direction they see the world moving towards, especially in the economic plane, is a form of revolution against the old way.  And as President Putin’s adviser Sergei Glazyev ascertained on Thursday of last week, the revolution to change the global financial system will come by war, as it has in almost every single instance in history.



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Even a former Mob boss sees the inevitable coming economic collapse

Since we already know that receiving a Nobel Peace Prize is as easy as buying a couple of shrimp tacos, it is not too far fetched to see how so many economists and ‘professional’ financial analysts appear to have received their credentials from similar places.  And while pundits and the media try to mask just how bad economic growth, consumer spending, and the job markets are by using the excuses of ‘polar vortex’, ‘hurricane sandy’, and only 28 days in the month of February, those who actually worked, ran businesses, and had to fight for everything they got know the truth, that the government is bankrupt, the banks are insolvent, and the coming economic collapse is something no one will be able to avoid.

And while Janet Yellen and the rest of the Federal Reserve appear to oblivious to these realities, a former mob boss for the Columbo family isn’t.




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French President Hollande dissolves government after dispute with economic minister

When your approval ratings (17%) are worse even than President Obama’s, even your most trusted ministers will turn upon you to save their own political lives.  This is what has occurred over the past few weeks within the Hollande cabinet, and on Aug. 25, the President of France demanded that the government be dissolved, and Parliament re-ordered after opposing forces against the President’s austerity measures came to a head.



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Monday, August 18, 2014

Ferguson, MO has now emerged into the Negro Spring

There are always symbols in specific times of history that speak volumes to both current and future populations.  An innocuous movie from a decade ago called V for Vendetta resurrected the well known myth of patriot and anarchist Guy Fawkes, and brought the history of defiance and rebellion front and center into the discourse of American thought and rhetoric.

But an even greater global phenomenon that was spawned within the past five years is now resonating in the captured town of Ferguson, MO, where the predominantly black population has chosen to call their movement the Negro Spring, in honor of the Arab Spring which helped bring down multiple governments in the Middle East.



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