Triple Lutz Report #428 – Irma Update & NYC Welfare State Update

from Financial Survival Network

Looks like we’re not gonna dodge a bullet on this one. Hurricane Irma is headed straight for FL. Where it goes from there is anyone’s guess. It’s got the potential to become a CAT 5 storm, the worst possible. I’m debating whether to go or to stay. Not sure what to do. What would you do? I’m 11 miles from the ocean, but it won’t be far enough.

Welfare state in NY is buzzing along as expected. Now Legal Aid is suing the City trying to get rights for homeless tenants who’s rent is being paid for by the taxpayers. They want them to be protected by rent stabilization, a right that’s thus far only been enjoyed by paying tenants. Whatever happened to beggars can’t be choosers?

Finally gold keeps going up. $1376 is the magic number/resistance point. Where will it go from there?

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