To the recently reported events in Argentina, Venezuela and Germany, you may add:Japan’s Economy is Terminal.
The Japanese have been plodding their road to nowhere longer than any, but their end is in sight, the same as it is for Europe and looking at: Wal-Mart‘s latest financial report, the U.S. as well.The government and its media can discuss recovery as they wish; they cannot make it happen. We’ll wrap this up with the latest on: British Credit.
We’ve heard already that seniors will lose Medicare Advantage money to help fund the newly covered Obamacare beneficiiaries beginning next year. Now we learn that the allied Medicaid expansion by the states (the ones that have signed up, anyway) is in trouble. The states are promised Fed funding for the expansion, which has drawn even some conservative governors on board. Now, some of that seems a question (after the governors have signed on) if this story is correct: New Jersey.
It appears that Obamacare funding may be on ongoing story with perhaps an unexpected ending somewhere along the line…
The Gun Snatchers
Seems there’s a deal on in the Senate concerning private gun sales. The GOP is ok with the Dems demanding background checks for strictly private gun sales on an upcoming vote.
Sounds harmless, right? Nobody’s bothering to mention that this will create a handy list of every private gun transaction. The tinfoil hat crowd that doesn’t trust government, sees this as an indirect gun registry, so the Feds know who has a gun…which of course, with or without the hat, it is.
For your amusement and amazement: Your Federal Government has increased its spending since 2008 by $823 for each and every U.S. citizen, of which at last count, there were well over 300 million. An impressive accomplishment, right? Particularly when we note that said government doesn’t have the money.
Recalling the last Great Depression, the banks were shut down for a while. Things seldom repeat in detail, they tell me, and I believe that. But it might not hurt to have some silver coins under the mattress, in case. If you don’t need them, you can always sell them later.
If you have some, don’t tell anyone at all…they’re like candles in the night, but it isn’t moths that they attract…
And now we will await the developments of the coming week…