Babys Are(n’t) Us….U.S. Birthrate Hits Record Low

| November 30, 2012

Pretty stunning news…..and what does this mean, it means slow or no growth in the economy for many many years.  Oh, and the chart below explains how much government assistance the baby boomers are reliant on, and it becomes worse with the working population slowing, not growing.  The U.S. birthrate fell to a record low last year, coming in […]

Mississippi River Near A Record Low Water Level

| November 29, 2012

Yikes! A key stretch of the drought-ravaged Mississippi River may fall to a record low by mid-December, halting barge traffic and disrupting billions in commerce on the nation’s busiest inland waterway. President Obama on Tuesday was urged to declare an emergency so the U.S. Army Corps of Engineers can take steps to boost the river’s […]

You Won’t Believe This One…..

| November 25, 2012

According to Business Week: Last year, for the first time ever, sales of adult diapers in Japan exceeded those for babies. Yep, we said you wouldn’t believe it!  

Interesting Tid Bits

| November 25, 2012

What is the #5 Internet website in the world. Hmm…. With 450 million monthly users, It’s Wikipedia We would never had guessed!

Good Bye Hostess

| November 22, 2012

There are indications that union bosses are very perplexed at union workers over this decision…. Hostess will start selling off the rights to Twinkies, Ding Dongs and other baked brands after a federal bankruptcy judge on Wednesday approved its plan for an “orderly wind-down.” On Wednesday, the day before Thanksgiving, Hostess Chief Executive Gregory Rayburn […]

Fiscal Cliff’s And Slippery Slope’s

| November 19, 2012

Cumberland Associates has this perspective about the world wide slippery economic situation, and failed post-retirement promises made to a trusting populace. Let us get back to the difference between the US and Europe. European peripheral countries waited too long.  Now they cannot fund the promises that they made for retirement and post-retirement benefits, and so they have to […]

Post Office Shrink Wrap….

| November 15, 2012

The U.S. Postal Service (USPS) uses $250 million per day to operate and had a total of 607,400 employees as of October.  This was the lowest number of total employees for the non-profit ( loss-driven) government run entity since the 1960s!  Perhaps more interesting (but not surprising) is that USPS employees peaked at over 900,000 back in 1999!

The 2013 AMT Tax Nightmare Could Hurt Tens Of Millions Of People

| November 15, 2012

This from Bruce Krasting: The Wall Street Journal reports this morning that President Obama is going to ask for $1.6T in new taxes when he speaks on Friday. The only way that this sized tax increase could be accomplished is if the AMT (Alternative Minimun Tax) is indexed to inflation and hits tens of millions of […]

Quotes Of The Day…

| November 15, 2012

A wise old Owl sits and watches with ruffled feathers… Quotes for the day!   “Education, n.: That which discloses to the wise and disguises from the foolish their lack of understanding.” — Ambrose Bierce “Education is an admirable thing, but it is well to remember from time to time that nothing that is worth […]

New Technologies Set To Make U.S. The Worlds Largest Oil Producer By 2017

| November 13, 2012

This will change everything folks…….Growing supplies of crude oil extracted through new technologies including hydraulic fracturing of underground rock formations will transform the U.S. into the worlds largest producer of oil starting as early as 2017, the Paris-based adviser to 28 nations said in its annual World Energy Outlook. The U.S. met 83 percent of its energy needs […]

The Food Stamp Line Goes Down The Street And Around The Corner…..

| November 10, 2012

The USDA delayed until Friday night its release of food stamp data for August. A quick glance at the number reveals 47.1 million recipients, which was a new all time record. The monthly increase of 420,947 from July was the biggest monthly increase since last year.

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