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THE WORLD IS COMING TO AN END!!

The doom sayers have been saying that now since 1914. No doubt that is true. It will end some year. No one on this Earth knows when, so just enjoy what little time that you have left.

My shtick is "DEPRESSION IS COMING!!". I think I am closer to the truth.

Depression News

The best definition of a financial depression is a period when supply overwhelms demand, resulting in falling prices, unemployment problems, and economic contraction.

Investopedia explains 'Great Depression'

The NYSE crashed on October 24, 1929, a day known as Black Thursday. Thousands of people lost nearly the entire value of their investments, leaving them with next to nothing. The trend continued and the following Tuesday, Black Tuesday, the DJIA dropped 12%, marking the start of the great depression. International trade declined, along with personal income, tax revenues and product prices.

Many economists believed the Great Depression was evidence that capitalism, when left unchecked, is a dangerous ideology.

This caused some nations to change their political structures, such as Germany, who adopted fascism.

Read more:

http://www.investopedia.com/terms/g/great_depression.asp#ixzz1lo6dD63E


Indications of a depression will be a 12% drop in the stock market combined with a high rate of inflation. People will be purchasing gold as a hedge against the inflation, so watch the price of gold closely.

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"Depression is coming". Half of Europe is mired in a recession with 20+% unemployment and 30+% poverty but keeps limping along from one financial crisis to the next.

The United States is so far in debt that it could not handle a recession, not alone a depression, but again keeps limping along from one financial crisis to the next.


Monday, March 5, 2012

Limbaugh - Too little - Too late

Contraception is a personal decision. There is no way the medical insurance industry should be required to pay for contraception measures. Regardless of your religious beliefs, you should be opposed to this issue. Regardless of whether your views are conservative or liberal, you should be opposed to this issue. Medical insurance companies pay from a money pool. The money comes from the premiums of the policy holders. Why should all of the policy holders have to pay for those few who want to practice safe sex? Contraception is not a screening measure for disease, sickness, or cancer such as mammograms, pap smears, prostrate exams, etc. Paying for contraception means the insurance companies have less money in the pool available to pay for necessary screening measures, or they have to raise the health insurance premiums. Health insurance premiums are already too high. Contraception is a personal decision. Any person that makes that decision should be prepared to pay that price. In so far as Rush Limbaugh goes, what he said was totally uncalled for. His speech, his views are not conservative, ultra-conservative, or even American. His views could best be classified as radical. That speech was given strictly for the purpose of inflaming the listening audience. Boycotting the program's sponsors is not enough. Turning off the radio is not enough. The network should drop his program. Sound like censorship? Rush Limbaugh is still free to talk as he desires. We, the audience do not have to listen to him. If a few more people would have turned off a radical named Hitler, we would never have had World War Two.

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