Sunday, December 29, 2013

UNEMPLOYMENT CATASTROPHE LOOMS


More than a million Americans got their last unemployment compensation check yesterday, signaling the start of further reductions in unemployment benefits as the new budget kicks in. 

COMMENTS:
These are people who have already lost their cars, houses, furniture and in some cases their families.  They will be moving in with relatives, seeking soup kitchens and living in desperation.  Their plight will pull down the net incomes of those relatives and stretch the budgets of charitable organizations to the max.  Add to that the effect of outrageous ObamaCare premiums and the buying power of Americans is going to be severely and adversely impacted in the immediate months ahead.  The danger to our national economy, being as fragile as it currently is, is serious.  Hold on to your girdles; we’re in for a tough ride in 2014. 

TODAY’S QUERIES & ANSWERS:
Q. People are being thrown into debtors prisons again? (Julia ~ Farmington, NM)
A. In a very real way, the answer is yes.  In some areas of the U.S., where cash-strapped people cannot pay court-ordered fines, they are being arbitrarily thrown into jail, often at costs to cities and counties far exceeding the amount of the fine.  Yes, it’s an extension of the “police mentality” gripping the country.  This may sound far-fetched, but suppose you owe a $500 fine you can’t pay, and there you are hiding in a culvert from the cops who are searching the area with drones and dogs, bound and determined to get you.  "Nightmare in Elm Street Culvert…"

Q. There they are in Connecticut with new laws I hadn’t heard about: they have to register their guns and high-capacity magazines?  (Federico ~ Golden CO)
A. As a result of the Newtown shootings a little over a year ago, the state passed a law requiring the registration of semi-automatic rifles and high capacity magazines by January 1st.  So far, not one criminal has shown up and no illegal guns have been registered.  In the meantime, authorities will have a list of guns they can go seize when the next round of gun control laws gets passed. 

Q. Some guy on Wall Street is recommending people buy guns and ammo to prepare for the next financial collapse?  (Ruiz ~ San Antonio, TX)
A. He’s saying you’ll need a bag full of food, guns and ammo to stay alive.  He’s correct. You’ll need the guns and ammo so you can go steal food and money back from the liberal leftists who stole them from you in the first place.  There are some economists who believe a collapse is inevitable. Think about what chaos there may be in this country if no one pays their ObamaCare premiums!  Obama would have to call out the D.H.S. Storm Troopers and they’d be anxious to use their 6 billion rounds of ammo…

TODAY’S QUOTE:
I just want everyone to know that 20,000 gun laws in the United States are unconstitutional. They infringe on your right to protect your life, the lives of your loved ones, and your property.” ~ Michael Badnarik

TODAY’S VIDEO:

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