I am a little shocked that this is a real story from the Wall Street Journal, maybe it's a Halloween prank? I mean after all...I thought they only stole $16 Trillion......
Oct. 25, 2012, 2:09 p.m. EDT
Major Banks, Governmental Officials and Their Comrade
Capitalists Targets of Spire Law Group, LLP's Racketeering and Money
Laundering Lawsuit Seeking Return of $43 Trillion to the United States
Its just a Box O' Fear, Does Dabama have a job or not? Only if HBB wants him too, I think he will grovel when necessary.
Revenue (tax) and Expeditures, US Gov
Note how the projected revenue is "projected" to rocket up faster than ever, yeah right.
That would require that we form a parabola.
So there appears to be 3 choices,
Government makes itself smaller and cuts its pay to balance the budget
We don't grow revenue like the parabola projected and we go deeper into deficit spending, interest rates stay low forever, savers are penalized, inflation remains steady and high, standard of living decreases, food stamps and other handouts are necessary to prevent huge unrest.
We do grow revenue like the parabola shown......
Parabolas don't end well, ya know....
1) Ain't gonna happen
2) This will suck
3) This will suck
I bought more silver today, not much, just $200 Face value
This is called 90% junk silver, and it is not junky at all.
This time I bought dimes, so that will be 2000 dimes. Each dime is thus worth $2.34 cents.
Does that bring it home? What used to be worth a dime is now 23 times higher. Or "they" have stripped the value of the currency by 96% since JFK days.
It is generally accepted that junk silver coins, dimes and quarters, have .715 ounces of silver per Face Dollar. The rest is copper, pretty much. The total weight per Face Dollar is around .7944, so there is .0794 ounces of copper, or in$200 Face, that is 15.88 ounces of copper. Or about a pound, or about $3.50.
$100 Face Junk Silver costs $2,330 plus $10 delivery. So the value of the copper is really negligible, not worth even thinking about.
Each $100 Face bag of silver * .715 ounces silver per bag = 71.5 ounces of silver.
$2,330 / 71.5 = 32.58 ounces of silver With Spot Futures at 32.09 (close on Friday) that means your premium over spot price is only about $0.50 per ounce. That is REALLY GOOD.
Now there is some shipping cost, and depending on how much you buy the shipping might add $.1 to $.3 per ounce, resulting in $.60 to $.80 over spot price.
Silver coins have a distinctive ring to them, and anyone counterfeiting US coins would be in a heap O' trouble, so the safety of this investment is really high. And they are conveniently small to barter with if the case arose. But you wouldn't likely go buy a bluewater sailboat for say $65,000 with silver coins, but 2.5 pounds of gold would get you the sailboat.
Rant from a ZH poster
Mr. Market is dead.
The U.S. is in a place it has never been before; DECLINE.
Having turned the post WWII generations to consumerism and unable to muster the courage to not ruin the environment while maintaining production and career employment TPTB turned to parasitism.
Off-shoring of employment and production, layoffs, or the chew 'em up and spit 'em out employment model at low wage. Part time no benefit jobs the norm.
"We can't find qualified people" say the CEO's; BULLSHIT, you don't want to spend a penny training anyone!
People are poison to corporations; they don't want to train them, pay them, keep them, or give them career employment.
Mr. Market died and was replaced by a giant tapeworm with a roulette wheel.
Uncle Sam and Lady Liberty now hobbling around on canes and walkers, with various parasites inside and outside: ticks, fleas, bedbugs, mosquitoes, lice, tapeworms and blood flukes (a.k.a. - bankers, lawyers, politicians, crony capitalists, professional mandarins, indolent dependency class, arrogant elites).
Maybe enough genuine people to resuscitate the republic, but not without a lot of dead people.
Lance Armstrong Stripped of His Seven Tour de France
Titles for Doping
The International Cycling Union announced on Monday that
it will not appeal the United States Anti-Doping Agency’s ruling to bar Lance
Armstrong for life from Olympic sports for doping and for playing an
instrumental role in the team-wide doping on his Tour de France-winning cycling
That decision to waive the right to take Armstrong’s case
to the Court of Arbitration for Sport, the highest court in sports, formally
strips Armstrong of the Tour titles he won from 1999 to 2005. The Amaury Sport
Organization, the company that organizes the Tour de France, will erase
Armstrong’s name from its record books.
If the Earth was going to fly through a "cloud" of meteors, would "they" tell you?
Supposedly, something as small as 400ft across could have earth devastating effects. What if we were going to fly through a high density zone of meteors say 50 ft to 600ft in diameter? And take maybe 200 serious hits?
Would they tell you?
Or would they make a power grab for all the resources in the world?
Would they build bunkers?
Would they beef up civilian law enforcement tools and vehicles?
Your house would not likely be hit directly, but areas along shorelines could be wiped out by waves. A great majority of important commerce occurs on waterways. Economic and social chaos could be huge.
They call it the Tunguska Event.
There was a big asteroid that "blew up" over Russia in 1908, "they", you know the experts (!) couldn't find any remnant of the space rock. Now they think Lake Cheko is actually the impact crater.
NASA says this rock was probably only 120 feet across.
They say the "blast" was equal to about 1000 Hiroshima Bombs, and it flattened 770 square miles of forest.
They says that a 10M (about 33 feet across) space rock can generate a blast equal to a small Nuke bomb like at Nagasaki.
What if 25% of the planet were about to be wiped out? Would they tell us, would they tell the muppets?
Or would amateur astronomers pickup near earth trajectories just days ahead of time? Perhaps the big scopes and space based scope already know much of this. But no use exciting the sheeple, sheeple are harder to shear when they are running around all panicked.
June 2012 a recently discovered asteroid did a fly by, and it was discovered to be "earth crushing" size, more than twice the size the earlier estimates made.