Category Archives: Survival News

“Peaceful” Tunisian Democracy Protesters Assault Tunis Synagogue

Posted on by

Video from Atlas Shrugs who points out that what the demonstrators are chanting toward the middle of the video is a genocidal death chant:

“Khaybar Khaybar ya yahud, Jaish Muhammad saya’ud,” which means “Jews, remember Khyabar, the army of Mohammed is returning.” This cry relates to an event in the seventh century when Muslims massacred and expelled Jews from the town of Khaybar, in modern-day Arabia.

News of a prior attack on this synagogue had been wildly disputed, but one thing is certain: the media may be painting these violent uprisings as darling and quaint, but they are anything but. Islamic supremacism is being sold to an unwitting public.

Antisemitism world wide is on the march and f you don’t think that will mean more chaos here you haven’t looked at hate crime stats in the last few years. Only two groups have seen increases in bias attacks againt them, Blacks and Jews. I assume you’ll be seeing a scene similar to this in your city soon:

Also as Jews flee increasing antisemitism in Europe and the Middle East many will settle here, and attract the ire of Islamists and communists in this country. Pick a side.

Post Office Going Broke Due to Pensions

Posted on by

Generous pensions are unsustainable and that’s not an ideological state, it’s simple math. What exactly is the USPS supposed to do when they can’t pay mandated obligations?

NEW YORK (CNNMoney) — The U.S. Postal Service warned Wednesday that it may default on some of its financial obligations later this year after reporting yet another quarterly loss.

The USPS, a self-supporting government agency that receives no tax dollars, said it suffered a loss of $329 million in the first quarter of federal fiscal year 2011. That compared with a loss of $297 million a year earlier.

The agency has been suffering from an ongoing decline in mail volume, which has undercut revenues, while retiree health care costs have been straining its reserves.

Excluding costs related to retiree benefits and adjustments to workers’ compensation liability, the Postal Service said it had net income was $226 million in the first quarter, which ended Dec. 31.

Despite ongoing cost-cutting efforts, the USPS said it expects to have a cash shortfall this year and to hit its federally mandated borrowing limit by September, when the government’s fiscal year ends.

The agency said it will be forced to default on some of its financial obligations this year unless Congress changes a 2006 law requiring it to pay between $5.4 and $5.8 billion into its prepaid retiree health benefits each year.

I’m betting there will be no change in laws. So what’s the solution?

Foreclosures Rise in January

Posted on by

Surprise! But only if you thought that a recover was in the works:

U.S. home foreclosures jumped 12 percent last month, but the sharp divide between states  suggests the industry remains backlogged by investigations into the foreclosure process.

According to a report from real estate data firm RealtyTrac, lenders foreclosed on 78,133 properties in January, up 12 percent from the month before, but down 11 percent from January a year ago.

Bank seizures at states with non-judicial foreclosure processes jumped 23 percent, while states with a judicial process saw a decrease of 7 percent.

“It suggests the system is still frozen up. We should have seen a much larger increase in both overall activity and bank repossession,” said Rick Sharga, senior vice president at RealtyTrac.

“The numbers will inevitably go up, it’s just a question of will it be sooner or will it be later.”

The number of foreclosure filings, which includes default notices, scheduled auctions and bank repossessions, rose 1 percent to 261,333 in January. Compared to January last year, filings are down 17 percent.

So I guess in places where judges are allowing people to not pay and stay in their houses banks are giving up, but in states where that hasn’t happened yet banks are picking up pace to get people out before lefty lawyers get involved. No matter the outcome your savings and house values are not safe.