Friday, January 4, 2013

Two Stupid Boulder Colorado Police Officers

Yep,

These two were just doing their job in killing a defenseless elk.  I'm sure these two thought it was funny and that nothing would come of it.

 http://www.9news.com/news/article/308500/339/2-officers-on-leave-after-elk-shooting

My encounters with police these days are that a majority of them think they are holier than thou and not subject to the laws that the rest of us have to abide too.     

Disability Claims continue to Skyrocket

The number of people on Disability (includes spouses and kids) continues to increase substantially.  Thus it appears those that can't find jobs are claiming a disability instead. 

   

Working Age of Popluation Shows Disturbing Trends

Breaking down the working population shows some disturbing trends.  Those in the 25-54 age group (green line) has not grown at all since the late 1990's.  Meanwhile those that are 55+ (blue line has grown significantly.   Finally those who are working in the 16-19 age group (red line) has dropped significantly.  Thus the only age group that has shown any increase in finding employment are those who should be nearing retirement.  This trend is affecting the younger age groups which are having difficulty finding a job.  Thus it appears many older Americans plan on working well into their 60's based on the current trend. 

 

Wednesday, January 2, 2013

Debt Ceiling Breached by Billions of Dollars

The Debt Ceiling was set at 16.394 Trillion Dollars in August of 2011.  On December 31st of 2012 the Total Debt was at 16.432 Trillion.  Congratulations to the Federal Government for blowing away the current Debt Ceiling by 39 Billion Dollars in December.   By the end of 2013 it will exceed easily exceed 17 Trillion.


Federal Employees should brace for a Shutdown in early March

While everyone is celebrating the Fiscal Cliff deal keep in mind not much was agreed to as the major issues were delayed for two months until March 1st.  Spending Cuts and the Debt Ceiling were not resolved.  Boehner who has a weak spine will be replaced as the majority leader in the House by a much tougher person.  Thus I expect a nasty showdown in early March between the House and Obama.  Moody's has fired another shot across the bow by saying they will downgrade the US if nothing significant is resolved by early March.   Thus I don't expect a last minute deal like with the fiscal cliff with a government shutdown likely in early March.  Thus Federal Employees should start preparing for this immediately.    

One more Party to Go

As I wrote about a few weeks ago the 2 Party system will gradually end.  The Republican Party is pretty much done and the Democratic Party is next.  I fully expect by the next presidential election in 2016 that both parties will have a minor affect while a new 3rd Party will be in power and win the presidency. 

Tuesday, January 1, 2013

60 Billion

The Fiscal Cliff Deal that passed the senate is pure fluff.  Over the next ten years it will generate an increase in revenue around 60 billion a year while there are no spending cuts.  The Government will spend nearly 3.8 Trillion in 2013 so there will be no substantial reduction in the deficit.  If the rating agencies don't downgrade the US on January 2nd then they should be abolished.