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The Dow Jones Industrial Average Falls Another 420 Points As Investors Panic About A Potential Trade War

Many had been hoping that the financial shaking on Wall Street that we witnessed in February would subside in March, but so far that is definitely not the case.  On Thursday, the Dow fell another 420 points as investors fretted about the potential for a trade war.  Over the past month, we have seen many days when stock prices have been way down and other days when stock prices have been way up.  This is precisely the sort of wild volatility that we would expect to see if a major financial crisis was brewing, and the truth is that our financial system is far more vulnerable today than it was back in 2008. (Read More...)

12 Years In A Row And Counting: The U.S. Has Not Had A Year Of 3 Percent Economic Growth In More Than A Decade

If the U.S. economy is in good shape, then why has economic growth been so anemic for more than a decade?  It has been 12 long years since the economy grew by at least 3 percent, and for most of that time my website has been one of the leading voices chronicling America’s long-term economic problems.  In 2017, U.S. GDP increased by just 2.3 percent, but at least that was better than the pathetic 1.5 percent figure that was posted for 2016.  With Donald Trump in the White House, we have taken some steps in the right direction, but we must never forget that our long-term economic and financial problems continue to steadily get worse. (Read More...)

Gun Sales Skyrocket As Gun Owners Brace For An All-Out Assault On Our Second Amendment Rights

Every time the left goes into a gun grabbing frenzy, gun sales always end up going through the roof.  In the aftermath of the recent tragedy in Florida, we are seeing an all-out assault on our 2nd Amendment rights like we haven’t seen in decades.  Politicians from both parties are pushing for new gun control legislation, and as a result gun owners all over the nation are feverishly stockpiling weapons and ammo while they still can.  In fact, Google searches for “buy a gun” and “buy AR15” both just hit the highest levels ever recorded. (Read More...)

Tell Us What You Think – Will More Gun Control Make America A Safer Place?

The left has decided that the great tragedy that we just witnessed down in Florida is an opportunity to try to grab our guns.  We are witnessing an all-out assault on the 2nd Amendment like we haven’t seen in decades, and this will undoubtedly be one of the most hotly debated issues as we head into the 2018 mid-term elections.  I will never compromise a single inch when it comes to the 2nd Amendment, but unfortunately not all politicians are willing to take the same stand.  In fact, some of my opponents publicly indicated that they were willing to compromise on gun issues even before the tragedy in Florida took place.  If you would like to help us win this race so that we can relentlessly stand up for your 2nd Amendment rights in Washington, here is how you can make a financial contribution… (Read More...)

Debt Cancer: More Than 80 Percent Of American Adults Owe Somebody Else Money

How long can our debt levels keep growing much, much faster than the overall economy?  We haven’t had a year of 3 percent growth for the U.S. economy since the middle of the Bush administration, but we keep borrowing money as if there is no tomorrow.  Much of the focus has been on the exploding debt of the federal government, and that is definitely something I plan to address once I get to Washington.  But on an individual level, U.S. consumers have been extremely irresponsible as well.  In fact, one new survey has found that more than 80 percent of all American adults are currently in debt(Read More...)

The Next 90 Days Will Determine Whether Michael Snyder Goes To Congress, And We Need A $50,000 Miracle

After everything, it is going to come down to the last 90 days.  Hundreds of you have already gotten involved in this campaign either as volunteers or donors, and we have shocked the Idaho political elite by becoming one of the leading contenders in this race.  But there is no prize for coming in second place.  On May 15th, the voters in Idaho’s first congressional district will make their choice, and we didn’t put our blood, sweat and tears into this thing to come in second or third.  As I write this, there are four candidates that still have a legitimate shot of winning, and we are one of the four.  Our numbers have been steadily improving, and it is an incredibly tight race.  We have a great plan for pulling ahead during the final three months, but we need more resources in order to implement it.  Some of the best political minds in Idaho are on our team, and we know exactly what we need to do, but in order to make our plan a reality we need a $50,000 miracle.  If you feel a prompting in your heart to help, here is the information that you will need… (Read More...)

Michael Snyder’s Campaign For Congress Has Just Received Two More Major Endorsements

There are less than 100 days to go until the primary on May 15th, and our campaign just continues to pick up more momentum.  We just received two more major endorsements, and more extraordinary people are joining the campaign with each passing day.  If you would like to join the team, you can find our volunteer page right here and our online donation page right here.  Earlier this evening we learned that we have officially been endorsed by Vote Team Trump, and we are extremely excited about that.  Those involved in the Trump movement all around the country are recognizing that this extremely close race here in Idaho is one of the most critical Republican primaries.  One of my main opponents has publicly stated that Donald Trump “can go straight to hell”, and if he wins this open seat it will be an absolute disaster for the Trump movement. (Read More...)

The Dow Falls 1,032 Points! Has The Financial Crisis Of 2018 Officially Arrived?

We haven’t seen this kind of a bloodbath on Wall Street since the great financial crisis of 2008.  Prior to this week, the largest single day decline for the Dow Jones industrial average that we had ever seen was 777 points.  That record was absolutely shattered on Monday when the Dow fell 1,175 points, and on Thursday the Dow dropped another 1,032 points.  This was the third decline greater than 500 points within the last five trading days, and the Dow is poised to post its worst week since the dark days of October 2008.  So is this just a “correction”, or has the financial crisis of 2018 officially arrived? (Read More...)

Is Washington Nuts? Increasing Spending AND Cutting Taxes Will EXPLODE The Size Of The National Debt

Our national debt is rapidly approaching 21 trillion dollars, and yet Congress wants to follow up a large tax cut bill with a massive increase in federal spending.  This is absolute madness, and it is going to make our long-term financial problems as a nation far worse.  After passing the tax bill, the appropriate thing to do would have been to cut federal spending.  Yes, that would have not been a positive thing for the economy in the short-term, but we must start addressing our long-term priorities.  If we do not do something about this exploding national debt, it could potentially destroy our republic all by itself. (Read More...)

Just A Coincidence?: The Dow Goes From Being 567 Points Down To 567 Points Up At The Closing Bell

Seriously?  We were expecting that Tuesday would be an unusual day on Wall Street, and that was definitely the case.  At the low point, the Dow Jones industrial average was down 567 points, but at the closing bell it was up 567 points.  That is a swing of more than 1000 points, but what is more surprising is the exact symmetry of those numbers.  Is this just some sort of bizarre coincidence? (Read More...)

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