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Tuesday, December 18, 2012

Saturday, December 15, 2012

Doomsday List

One of many out there. This one I only found interesting because it relates to December 21st. Of course, that's not what you should be preparing for, but many of these items are good ideas.

Soap

Washcloths

Towels

Shaving products

Toothpaste

Toothbrush

Small mirror

Small scissors

Clippers

Detergent

Medicines: eye drops, bacteria/virus infection pills, antibiotics

More here: Doomsday survival list

Even A Caveman

Wednesday, December 5, 2012

Auto Bubble?

With the 2008 financial crisis still lingering in our economy, another mini-bubble regarding the auto industry could be inflating for U.S. consumers and producers. In November, U.S. auto sales rose dramatically to its all time high in over four years. Cheap financing and low interest rates point to the obvious culprit.Another Financial Bubble? U.S. Auto Sales Rise Dramatically

Saturday, December 1, 2012

The Broken Window Fallacy

Does destruction create jobs? After natural disasters, terrorist attacks, and wars, some people argue that these disasters are good for the economy, because they create jobs and prosperity. As Prof. Art Carden of Rhodes College explains, this is an example of the "broken window fallacy," a term coined by Frederic Bastiat. When a shopkeeper's window is broken, he will spend money on a new window, which gives income and jobs for glaziers. This activity is "seen," but the "unseen" is just as important: the money spend on a new window could have been spent on other things. Wealth has not increase, but only reallocated from some people to others, and society is worse off by one window.-http://youtu.be/erJEaFpS9ls

Friday, November 30, 2012

Small-Business Owners Pessimistic

One of the more stunning aspects of the November survey results is the decline in small-business owners' optimism for the future. As entrepreneurs, small-business owners tend to be optimistic by nature, and relatively more optimistic about the future than the present. Given this context, owners' increasing pessimism toward their future not only reflects uncertainty, but also may imply a weakening economy going forward.-U.S. Small-Business Owners Pessimistic Post-Election

Fight Club • Our Great Depression

Saturday, November 24, 2012

Joey Quits

Joey Quits

Obama's Coming Depression of 2013

Republicans, you are so lucky Romney lost! The economy is going down the drain in the next four years. Let that ass Obama and his sicko Democrap party take the blame!

Already scheduled now under current law in 2013 is the expiration of those Bush tax cuts, which President Obama has refused to renew for single workers making over $200,000 a year, and couples making over $250,000. Also scheduled to go into effect in 2013 under current law are all the tax increases of Obamacare. Together, these job killing tax policies would result in a sharp increase in the tax rates on the nation's small businesses, job creators, and investors for virtually every major federal tax.

These taxpayers would see their income tax rates jump by nearly 20%, the capital gains tax rate increase by nearly 60%, the total tax rate on corporate dividends increase by nearly three times, their Medicare payroll tax rate increase by 62%, and the death tax rise from the grave with a 55% rate. This would go way beyond the outdated Obama talking point about returning to the Clinton tax rates, adding up to a top federal tax rate of 44.8% on wage income alone, besides all the tax increases on capital income, on the way up to a 62% top federal tax rate.-The Coming Crash of 2013

Black Friday Riots Preview of Civil Unrest to Come?

If Americans will trample one another just to save a few dollars on a television, what will they do when society breaks down and the survival of their families is at stake? Once in a while an event comes along that gives us a peek into what life could be like when the thin veneer of civilization that we all take for granted is stripped away. For example, when Hurricane Sandy hit New York and New Jersey there was rampant looting and within days people were digging around in supermarket dumpsters looking for food. Sadly, "Black Friday" also gives us a look at how crazed the American people can be when given the opportunity. READ MORE: Are Black Friday Riots A Preview Of The Civil Unrest That Is Coming When Society Breaks Down?