fat tax

OK move over soda tax, make more room for a fat tax. Better get rid of your pie. Talk about having your cake and eating it too. This fat tax will make osamacare even more max pop.

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Sterling hits five month low

Today British pound sterling hit a five month low. In fact, our current economic crisis is hitting home. The dollar is dying and pound is getting pounded. Right now both US & UK economy is in woe.

music in my ears

In 1991 people in US spent 14 billion on music. Today the number is approx half that. Adjusted for inflation perhaps one third of what we use to spend on music. The reason is digital downloads. What we see is less people selling out hard cash for those expensive CD disks, and more people using the internet to get their songs. Future music predictions are more distribution over the internet and less broadcast over radio.

global warming 50 million years ago?

OK sciece says that 50 million years ago water off Antarctica was war as in 86 degrees and there was no ice at poles. How can this be? How could the long winter not cause things to be cold - I ask. My guess is that we are seeing a world that has different laws of physics.

Future events

There are many people who focus on future events. Time Monk george ure talks about dollar death in the days to come. People, we are now concern about what is down the road a bit. Lets face it, our gov is not being total transparent with us. Writing about future events in our niche is a great way to gain audience, but it can be a sad thing. It seems most events in the future are not particularly pleasant.

dollar falls, gold rises

The yellow metal start to shine brightly. Call me auric goldfinger because I can love only cold gold, not paper. The dollar fades as gold shines on. This is an existing time to buy bullion and the price is rising.

Dollar in woe

There is no talk of Saudi Arabia dropping the dollar, this lifts gold. For many years all countries were forced to get dollars to buy oil. Well, now you can use gold to buy oil. This is very positive news for the yellow metal. I am very bullish on the bullion market. It is time to go for the gold.

second stimulus package

What we are seeing is that the economic WREAKcovery is hitting hard. A second stimulus could help us from going under. States are in trouble. Sadly, our gov now has less money due to falling tax revenues. The reality is that things are bad and getting worse.

Personal bankruptcy rises

The number of personal bankruptcy soars as our severe economic recession increases pain. Please wake up. When people lose jobs they lose their homes, cars, etc. The rise in bankruptcy of consumers is a sign. What we must do is ignore rosy predictions of economy "experts" and focus on reality. For example, look at the empty malls, shuttered factories, and giant crowds of unemployed.

What we need is jobs

People, we have now 15 million unemployed, that is twice the number of when this severe economic recession started. What we need is a jobs solution. Sadly, our economy is in a tail spin. If we cannot find a way to create jobs, we are going going gone!

jobless rate at now 9.8

Jobless rate hit 9.8% in September. It is so near 10% that I may already declare this prediction a hit. Back in 2007 when I told people we are going into a recession and unemployment will go over 10%, the official unemployment number was 5.2% and now it is nearly doubled. The poor are hard hit by our severe economic recession.