Please Don’t Feed the Animals (Hat Tip: Brian B.)
Property Tax Rebellion Brewing After Real Estate Collapse. Here is my prediction on how this will play out: Property values will eventually drop by 50% in most of the more populous states. Assessed valuations eventually drop correspondingly, but only after a public uproar and some foot-dragging. Tax revenues will decline. State legislatures will respond, increasing property tax rates by 100%. Net result: The politicians still get their money.
Total Fed Credit: A Credit to Fed Stupidity (The Mogambo Guru)
Actual March unemployment 21.7%. (“March Employment Gain of 162,000 Was 114,000 Net Result of Temporary Census Hiring.”)
Petrol $9.00 a gallon in UK. Thankfully that is per Imperial gallon (1.2 US gallons) but that still works out to $7.67 per gallon.
The Line Of Doom (The Mogambo Guru)
About this time, as part of my Official Mogambo Duties (OMD) here on this planet you call Earth to improve the species by weeding out the unfit, I usually take the time to gently tell you that unless you prove your intelligence by buying gold, silver and oil to protect yourself against the massive, unstoppable, terrifying, bankrupting inflation in prices that is coming as a result of the massive, unstoppable, terrifying, bankrupting inflation in the money supply that is coming as a result of the loathsome Federal Reserve creating so much massive, unstoppable, terrifying, bankrupting money (so as to fund Obama’s massive, unstoppable, terrifying, bankrupting $1.6 trillion budget-deficit, with trillions more to come), then there is something very, very wrong with you and you should not have any children.