I am starting a new programming contract with a Canadian company, and they are restricting the number of hours I can work for now, because “they don’t know what is going to happen to exchange rates as the fiscal cliff deadline approaches.”
The most important thing to remember is that criticizing Obama is racist.
But only because defending Obama is generally racist — politically correct race is all he has, remember.
Reblogged this on Climate Ponderings.
Demand your pay in Loonies.
I still can’t believe we gave that racist shitbag Carter a third term. Holy hell.
Double up…Toonies!! More money!
“they don’t know what is going to happen to exchange rates as the fiscal cliff deadline approaches.”
The US dollar will decline in value against other currencies and the cost of living for everything imported will go up. Posing this question is a bit like asking “I wonder what will happen when I can no longer afford to cover the minimum repayment on my credit card.”
Canada recently announced that it was going to miss it’s ANNUAL deficit target for fiscal 2013 by $3 billion. At a yearly deficit of $1.1 trillion, that’s not even a long weekend in Obamaland. (if I knew how to do superscript I would do that fancy TM that y’all do for things like Obamaland. It’s like Disneyland except the nightmares are real).
My advice, get paid in Deutchmarks. What Hitler couldn’t do with armies, Merkel will do with prudent economic policies and bailing out her weak cousins.
Merkel thinks by lending more money to bankrupt Euozone members she has a chance of getting some of her borrowings back. That may end badly but you can see why she is making the attempt.
Grabbed from junkscience.com
Section 4205 of Obamacare, the Patient Protection and Affordable Care Act, established complex national regulations and standards for menu-labeling for restaurants, franchises and some grocery stores operating 20 or more locations
Published in the Federal Register, Unified Agenda 0910-AG57, the U.S. Government said that it anticipates that these food businesses will bear the costs for adding nutritional information to menus and menu boards. The total governmental costs of this rulemaking will be approximately $80 million, with annualized estimates of $33 to $125 million over ten years. “These costs include an initial cost of approximately $320 million with an annually recurring cost of $45 million.”
http://townhall.com/columnists/leahbarkoukis/2012/11/25/why_menu_labeling_is_another_jobkilling_regulation_in_obamacare/print
And the “debt ceiling” talks begin .. however, this is another smoke and mirrors exercise by both parties. Since the BCA (Budget Control Act) of 2011 was passed, Obama has the ability to raise the debt ceiling unabated : go here … so, anything you begin to see in the media discussing the “debt ceiling” is complete bogus smoke and mirrors bullshit. Obama can raise the debt ceiling and congress is powerless to stop it. The most disgusting part of this is that Republicans voted for this bill as well. When you hear about Geitner and Pelosi speaking about removing the “debt ceiling” all together, it is more smoke and mirrors as they have effectively already done that.
We are already screwed .. and not likely anyone will do anything to reverse this.
We are in a bigger fickle than people realize. In 2012, with interest rates at nearly zero, the US had to pay out $350 BILLION DOLLARS IN INTEREST PAYMENTS ALONE. This is why they cannot raise interest rates. If we raise interest rates to a palsy, say 5% then the interest payments on our debt would be higher than our annual tax revenue.
Stay the hell away from the dollar Steve. I am.
That’s why resource stocks are so pricy; people are purchasing gold, silver, other rare metals. The US dollar is becoming increasingly worthless. The sad irony here is that by funding a welfare state that the US ultimately couldn’t afford, the cost of living will now rise substantially over there, hurting welfare recipients the most. It will also become nearly impossible for retires to earn income on any cash they have acquired due to the low interest rates. Banks and other investment groups are forced to make riskier investments in attempts to earn more income. This ultimately exasperates existing problems.
For me, it’s fine. I get to do a lot of cheap travel in the US over the next decade…
Yep. So sad. I am buying silver and land. And yes, please do come over to the US and spend some tourist monies. We need all the help we can get :).
I have criticized every president during my voting lifetime. That is consistent and impartial. To exclude Obama from criticism would be racist.