Hello, this is Scott and this is the HyperReport.

Today's report is sponsored by the free book'Ramblings of a Madman'.

Here are quotes for various items.

First.

India's Economy Fails India is the only BRIC economy that's slippeddown the World Economic Forum's ranking of competitiveness since 2006, though Russiaand Brazil have drifted badly as well.

India doesn't have the infrastructure to carry amodern economy and has done remarkably little over the years to reform their grid.

Next.

Belgium Takes Up Slack Russia dumped a record 26 billion dollarsworth, or some 20%, of its U.

S.

Treasury holdings.

With that said, the tiny country of Belgiumhas purchased 40 billion dollars worth of Treasuries.

A country' whose GDP is just doubleof its reported U.

S.

Treasury holdings.

This sounds like the Fed using Belgium to monetizethe U.

S.

debt.

Next.

Just A Question of When According to William Kaye, the Federal Reserveis a private corporation and not part of the U.

S.

government, but the government is responsiblefor outsourcing for the creation of U.

S.

dollars.

The coming panic out of the U.

S.

dollar willbe coupled with a collapse of confidence in the government as well.

It's just a questionof when.

Next.

Meat Prices According to the latest inflation data fromthe BLS, meat prices spike by almost 3% in April – the most since November 2003.

Timefor a hedonic substitution from hamburger meat to rat droppings to keep bogus CPI numbersin check.

(Sound of man puking) Next.

IRS Targeting The IRS' targeting of groups opposed to Obamais in part due to pressure from Democratic Senator Levin.

Levin's emails cite an IRSrejection letter to a conservative group as an example of how the IRS should be conductingits business.

Of course, the culture in the IRS saw this as an opportunity.

Next.

VA Hospitals The Department of Injustice doesn't plan toinvestigate allegations that veterans, that were placed on secret waiting lists at VAhospitals, died while waiting for care according to Holder.

Perhaps the Department of Injusticeis too busy to worry about those who actually kept their oath to defend the U.

S.

Constitution.

Next.

Clinton "Truth " Squad If there's anyone qualified to lead a squadto lie about the murder of four Americans, it's Lanny Davis.

Former Clinton special counselLanny Davis says he plans to lead a "truth squad" to counter accusations coming out ofthe Benghazi select committee hearings.

Will he call upon the services of Sandy Burgerfor documentation? Finally, please prepare now for the escalatingeconomic and social unrest.

Good Day!.