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From All Star Charts: I think it’s important to put things into perspective as often as we can. Where has the money been flowing so far this year? We know that within the United States, defense has been the key: Healthcare, Staples and Utilities. But what about the rest of the world? Today’s chart of the day compares the U.S. to other regions around the Globe. I think it’s clear that… Read full article… Just passing this along…… Yes, we’ve all heard one prediction after another over the past 4 years of impending doom; and things we never dreamed could ever come true in America are now unfortunate reality. That said, here’s the latest news: Last night I received information from a credible source and trusted friend that our illustrious government is planning on an economic collapse for all of us, and it will occur on [...] theburningplatform.com This is a story that just warms your heart. It’s a win, win, win. The executives and stockholders of Office Depot, Office Max and Staples are all thrilled with the merger announced yesterday. Bonuses for everybody!!!! Wall Street is ecstatic. No one seems to be mentioning that it was this very same management that ran their companies into the ground by over expanding and wasting billions of [...] Miriam Villae never knows what she’ll find on the shelves of her grocery store in the Venezuela capital these days. Chances are it’s not much.
As the oil-rich country grapples with the highest food shortage in four years, the 62-year-old grandmother and many others like her are being forced to make do without staples like flour and butter. “Today I found corn meal and oil but there’s no sugar,” Villae told AFP [...] (NaturalNews) Difficult growing conditions have led agriculture industry experts to warn that consumers should expect shortages of winter veggies in the days leading up to Christmas, especially in the United Kingdom. Crop production has been hampered by poor weather and devastating floods, officials say, which will undoubtedly result in fewer commodities available for grocery store shelves this holiday season. Supermarket managers in the UK have said they could be forced to import [...]  10-27-2012 Thousands march in Madrid against government austerity measures (PHOTOS, VIDEO) If Obama Wins, Buy IT, Telecom, Sell Materials, Healthcare; If Romey: Buy Staples, Healthcare, Fins, Sell Materials Japan quake-hit nuclear plant may still be leaking radiation into sea Berlusconi sentence reduced to one year Egypt: US issues warning. Americans now targets for kidnapping and murder Senators demand White House declassify Libya video WHITE HOUSE CONFIRMS: OBAMA Arranged For Muslim Brotherhood To Kidnap Ambassador Stevens For Prisoner [...] For somebody who claims to be known as a ‘firecracker’, Maureen Sullivan is a woman who has been burned more than her fair share. Aged 61, she has been swindled out of $168,000 by a conman, lost a $5m fortune and missed out on a stock market jackpot worth double that. She has gone bankrupt with just $50 in her hand, been sued for defamation and had a string of toyboys, one [...] People are not borrowing to spend but to survive! A frightening cash flow crisis have been taking place back in May as more people are taking longer time to pay bills. The raising student loan default rate is also sending another clear message that the crisis is likely to worsen. Cash (Flow) Really Is King: One of the most important lessons entrepreneurs have to learn, often painfully, is that cash really is king. I’m not talking [...] From Zero Hedge: As America’s mania with cell phones as an aspirational status fad hits new records every day, this borderline addiction to “thinner, longer” mobility and a sub-1 year upgrade cycle, is starting to extract its pound of flesh: average cell phone bills that have risen by over 10% in one year (from $1,110 to $1,226), even as total household spending rose by half, or $67. In a word: iNflation. It gets [...] As America’s mania with cell phones as an aspirational status fad hits new records every day, this borderline addiction to “thinner, longer” mobility and a sub-1 year upgrade cycle, is starting to extract its pound of flesh: average cell phone bills that have risen by over 10% in one year (from $1,110 to $1,226), even as total household spending rose by half, or $67. In a word: iNflation. It gets worse. [...] This weekend, the RNC, via Maine Republican Party Chairman Charlie Webster offered a “compromise”… take a look: 1. A majority of the delegates sign a statement agreeing that, if Ron Paul is not on the ballot, they will vote at the Convention for Mitt Romney. 2. Instead of Brent Tweed, Charlie Webster or Paul LePage would serve as the spokesperson for the delegation and announce the votes cast for president. That spokesperson [...] In a push to sell more fries and Big Macs round the clock, McDonald’s is increasing its monopoly of the fast food sector further by launching breakfast as a late-night meal. A new program in selected restaurants, imaginatively called ‘Breakfast After Midnight’, is offering breakfast staples such as Egg Muffins, Sausage McMuffins, fruit and maple oatmeal and breakfast burritos in the wee small hours. And a marketing campaign targeting late-night eaters using [...] Food supplies across the country – for animals and humans – are literally drying up. This will undoubtedly lead to significant food price increases across the entire spectrum of the American diet – meat, grain, dairy, vegetables and fruit. Tom Chatham of Project Chesapeake writes: Corn and soybean meal are staples in animal feed and the rising prices and drought conditions are forcing farmers and ranchers to sell off their herds for slaughter. [...] From Thoughts from the Canyon: You cheapskates out there (that’s me) might want to head over to Staples by August 4 and buy the Staples 8.5 x 11 Multipurpose Paper (500 sheets). Staples is selling the paper for $6.99 and running a rebate promotion for $5.99 per purchase, which makes the cost of their paper $1 plus tax. You’re limited to two rebates per household, so you can’t stock up on too [...] With the heat-wave in Southern Europe, the missing Monsoon, and the earth-cracking drought in the US, it is no surprise that corn, wheat, and soymeal prices are soaring as crop yields plunge. The level of inventories were already low going in and as Bloomberg notes, consumers around the world will feel the effect of higher food prices as the worst drought in 50 years impact the world’s largest exporter of [...] By ANDY KESSLER Did Mitt Romney and Bain Capital help office-supply retailer Staples create 88,000 jobs? 43,000? 252? Actually, Staples probably destroyed 100,000 jobs while creating millions of new ones. Since 1986, Staples has opened 2,000 stores, eliminating the jobs of distributors and brokers who charged nasty markups for paper and office supplies. But it enabled hundreds of thousands of small (and not so small) businesses to stock themselves cheaply and conveniently [...] Today’s advance retail sales for June was simply abysmal, printing at -0.5% on the headline, and -0.4% ex autos. Expectations were for a print of +0.2% on the headline and unchanged less autos. Gas was not the culprit either as ex autos and gas the miss was -0.2%, on expectations of a +0.2% print. This was the third consecutive drop in a row: the longest since December 2008, when the [...] New York City’s Taxi and Limousine Commission plans to vote Thursday on a proposed 17 percent fare increase and cab-driver Aamir Choudhery says it can’t come soon enough. If approved, [...] Human Rights Watch report released as Syrian President Bashar Assad says he regrets the shooting down of a Turkish jet by his forces last month From Crossing Wall Street: This chart shows what’s been happening with the market recently. The “sell in May” memo apparently didn’t get to everyone. The three defensive ETFs, Staples ($XLP), Utilities ($XLU) and Healthcare ($XLV), aren’t doing so badly. But the real damage is happening to… Read full article… From LA Times: Flesh-eating bacteria — a rare, aggressive infection that violently attacks the deepest layers of skin — has claimed a Georgia student’s leg, hands and remaining foot, thrusting her into the fight of her life and stirring nationwide interest about her ordeal. Aimee Copeland, 24, was kayaking near the Little Tallapoosa River in Georgia on May 1 when she hopped on a homemade zip-line for a ride. The line snapped, Copeland fell, and [...] Cody Green, had leukaemia three times and died due to related infections His battle inspired the local Marine Corps, who said Cody ‘fought as hard as any marine’ during his cancer battle Throughout his short life, young Cody Green had admired the bravery of the U.S. Marines. But after years spent [...] PLANTATION (CBS4) – An elderly woman proves she’s still got plenty of fight left in her after being attacked while walking a dog. Zita Staples, 83, was robbed in a Plantation neighborhood Tuesday afternoon, but did her best to keep her attacker from getting away, even using a walker as a weapon. Read more The divide between the 1 percent and the 99 percent has ignited a national debate about the income gap, especially since Occupy Wall Street protesters descended on lower Manhattan last fall.
But how much money does it take to feel financially secure these days? The answer, at least according to a new survey of Americans by WSL/Strategic Retail, is $150,000. That level of income is more than three times the national median of $49,445 for [...] The divide between the 1 percent and the 99 percent has ignited a national debate about the income gap, especially since Occupy Wall Street protesters descended on lower Manhattan last fall. But how much money does it take to feel financially secure these days? The answer, at least according to a new survey of Americans by WSL/Strategic Retail, is $150,000. That level of income is more than three times the national median of [...] |
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