Rapture verdict ad 1
The Beginning Of The End Ad
Gold Buying Guide: Golden Eagle Coins
Lear Capital: The Best Source for Buying Gold & Precious Metal Investing

Recent Posts

The Book Of Mysteries
Economic Collapse DVD The Preppers Blueprint Economic Collapse Blog Get Prepared Now Ad

Welcome To One of The Most Pivotal Weeks In Modern American History

United States Flag Map - Public DomainMany are anticipating that a wonderful new era of peace and prosperity is just a few days away, but others are using terms such as “civil unrest” and “civil war” for what they believe is about to happen in America.  Without a doubt, Donald Trump is one of the most electrifying politicians in modern American history, but he is also one of the most polarizing.  So will the next four years bring us together as a nation, or will anger, frustration, strife and discord tear us much farther apart?  It is being projected that extremely large crowds of supporters will attend Donald Trump’s inauguration on January 20th, but the mainstream media is also reporting that “hundreds of thousands of protesters” are on their way to Washington.  Many on the far left are hoping to turn Trump’s inauguration into one of the biggest riots in U.S. history, but thousands of law enforcement personnel are going to do their very best to prevent that from happening.

There are sites on the Internet that are literally counting down the hours until Barack Obama leaves office.  Knowing that his time is short, Obama seems determined to squeeze as much “change” out of his final hours as he possibly can.  Just check out what the Washington Post says that he was able to accomplish on just one day last week…

On Thursday alone, the administration designated three new national monuments and expanded another two in sites including a forest in the Pacific Northwest and a school for freed slaves in South Carolina; took away one of the special immigration privileges Cubans arriving in the United States without visas have enjoyed for 50 years; announced sanctions designations against 18 senior Syrian officials for their role in the use of chlorine as a chemical weapon in 2014 and 2015; awarded the Presidential Medal of Freedom to Vice President Biden; and accused Fiat Chrysler of cheating on national emission standards for some of its diesel trucks.

And in the last few days of his presidency, there is a great deal of concern about how much more damage he may be able to do on his way out the door.  Late last week he enraged the Russians by moving U.S. troops into Poland, and Russian Foreign Ministry spokeswoman Maria Zakharova is warning that Obama still has a few more days left to “destroy the world”

Zakharova charged that “Obama and his illiterate foreign policy team have dealt a crushing blow to America’s prestige and leadership” and described his administration as “a bunch of geopolitical losers, enraged and shortsighted.”

Obama’s administration still has a few days left to “destroy the world,” Zakharova wrote.

However, there is one piece of good news.  According to the Jerusalem Post, U.S. Secretary of State John Kerry has told Israeli Prime Minister Benjamin Netanyahu that Obama will not support any additional action against Israel at the UN Security Council before Trump is inaugurated.

Of course politicians lie all the time, and John Kerry may not have been entirely honest with Netanyahu, and so we will keep a close eye on the UN Security Council when they meet on Tuesday.

On Friday, the eyes of the entire world will be on Washington.  What once seemed so impossible is on the verge of actually becoming a reality, and security officials will be working overtime to make sure that nobody tries to stop Trump from being inaugurated at the last minute.

Needless to say, the festivities on Friday would be a big, fat juicy target for anyone that hates Trump, hates America or that just wanted to make an unforgettable political statement.  In fact, Republican Senator Roy Blunt has admitted that the inauguration of Donald Trump will be “the most appealing target in the world”

“Security is my greatest concern,” Republican Senator Roy Blunt, chairman of the Joint Congressional Committee on Inaugural Ceremonies, has said. “No question that on inaugural day, this would be the most appealing target in the world.”

Even if there isn’t any violence on Friday, there will definitely be plenty of angry protesters.  And instead of attempting to calm things down, many in the mainstream media are actually promoting the protests.  For example, the Washington Post has even published a “guide to inauguration demonstrations, marches and protests”.

It appears that most of those on the left plan to protest peacefully, but there are definitely groups that are planning to be as disruptive as they possibly can.  I have previously reported about an organization known as DisruptJ20, and now audio has been released of one of their leaders saying that they want to “do everything we can to try and stop people from being able to access the inauguration”

A conservative group also shared with FoxNews.com what it said was audio from a Jan. 8 #DisruptJ20 meeting at a Washington church, giving even greater insight into the group’s planned D.C. “shutdown.”

The audio, recorded by Trevor Loudon with Capital Research Center, purports to show a female member detailing plans to “do everything we can to try and stop people from being able to access the inauguration.”

It doesn’t take much imagination to figure out how they are going to do that.  According to the shocking new audio recording obtained by Fox News, DisruptJ20 plans to physically block “roads and other modes of transit into the city”

“We’re going to be doing blockades,” the woman says in the audio. “We’re going to [be] blockading checkpoints into the security zones. We’re also going to be blockading roads and other modes of transit into the city.”

Traffic in the Washington D.C. area is a major headache even at the best of times, and so even if everything went perfectly transportation would be a major issue at Trump’s inauguration.  So it isn’t going to take much for these anarchists to create a very real crisis.

And some leftists have been encouraging those that cannot physically come to Washington D.C. to go online and help take down the official White House website on January 20th…

PR Newswire, a global news-release distribution service, circulated a release on Thursday highlighting a campaign launched by Protester.io, a digital protest organizing platform, to “take down” the White House website next Friday in protest of Trump’s inauguration.

“On January 20th, hundreds of thousands of Americans are going to Washington, DC to march in protest of the inauguration of Donald Trump. Millions more around the country will be joining the cause from home. If you can’t make it to Washington DC on inauguration day, you can still participate by occupying whitehouse.gov online,” the release read.

Many on the left truly believe that Trump is the modern equivalent of Adolf Hitler, and therefore he must be resisted at all costs.

And one of the reasons why they want to be as disruptive as possible is so that they can provoke an extremely harsh response.  If law enforcement officials can be filmed treating protesters very harshly, that can be used as fuel to inspire thousands of others to join the movement against the “fascist” Donald Trump.

Following the “blockades” and other “actions” on the 20th, there will be a “million woman march” on the 21st.  Michael Moore and a whole host of liberal celebrities will be there, and it is being reported that there will be close to 300 “sister marches” in other cities around the nation

Protesters are using the hashtag #WhyIMarch to explain why they are heading to Washington — from calls for equality to initiatives to curb gun violence to pleas for health care reform.

Nearly 300 “sister marches” have been organized in other US cities — including New York, Boston, Los Angeles and Seattle — and around the world.

This is going to be a week that none of us will ever forget.

Many are hoping (myself included) that the protests will soon fade and that Trump’s presidency will represent a true turning point for America.

But there are many others that are literally gearing up for a “war”, and they intend to fight for as long as it takes to achieve their goals.

We are a nation that is deeply, deeply divided, and it isn’t going to take much to push us over the edge.

So this week is definitely a beginning, but is it the beginning of a wonderful new chapter in American history, or is it the beginning of the end for our once great nation?

This story will unfold over the next four years, and let us hope that it is a good one.

About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog and The Most Important News. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.

Circle January 15th: 70 Nations Will Gather In Paris To Discuss The Creation Of A Palestinian State

15-ball-public-domainOn January 15th, representatives from 70 different countries will gather in Paris, France for an unprecedented global conference.  The stated goal of this conference is to promote a “two-state solution” as the way that lasting peace will be brought to the Middle East.  In Israel, there is a tremendous amount of concern that whatever is agreed upon at this conference will immediately be used as the basis for a UN Security Council resolution that would permanently divide the land of Israel and create a Palestinian state.  But things would have to move very rapidly in order for that to happen, because Barack Obama’s time in the White House comes to an end on January 20th, and Donald Trump has already made it exceedingly clear that he would never support such a resolution.

The UN Security Council resolution that was passed on Friday was one of the most significant events that we have witnessed in decades.  Resolution 2334 made all Israeli settlements in the West Bank and in East Jerusalem illegal, it set the 1967 ceasefire lines as the border between the Israelis and the Palestinians, and it granted every single inch of East Jerusalem to the Palestinians.  But it stopped short of giving official UN Security Council recognition to a Palestinian state, and that is why this conference on January 15th is so important.

On Wednesday, U.S. Secretary of State John Kerry will lay out a plan which many believe will serve as the blueprint for the upcoming conference in Paris.  This is something that I discussed yesterday.  Apparently Kerry has been working on this for quite some time, and according to the Times of Israel, Jewish officials are fearful that he may propose something drastic…

At a press briefing Tuesday, State Department spokesman Mark Toner confirmed Kerry’s plans for the speech, though he refused to detail whether the top US diplomat would use the opportunity to announce a new American initiative, which officials in Jerusalem fear he may.

Toner said the secretary holds the conviction that “it is his duty in his remaining weeks and days as secretary of state to lay out what he believes is a way towards a two-state solution” and that “it’s always important to keep the process moving forward.”

If Kerry’s plan is embraced by the conference in Paris, it is anticipated by many that it would serve as the basis for a UN Security Council resolution that would formally create a Palestinian state before Donald Trump is inaugurated on January 20th.  The following comes from the Guardian

The Israeli government is reportedly fearful that any guidelines agreed in Paris would be turned into another UN resolution before Trump’s inauguration, and it has ratcheted up its rhetoric, presenting itself as the victim of an international conspiracy.

A spokesman for Netanyahu claimed to have “ironclad evidence” that the Obama administration had plotted behind the scenes to promote the UN resolution. Israel has said it will present evidence against the Obama administration to the incoming Trump team.

If what an Egyptian newspaper is claiming is true, then there may very well be an international conspiracy at work against Israel.  According to a transcript published by the Al-Youm Al-Sabea newspaper, John Kerry and U.S. National Security Adviser Susan Rice met with Palestinian officials in early December and presented Kerry’s plan to them at that time…

In a meeting in early December with top Palestinian negotiator Saeb Erekat, US Secretary of State John Kerry told the Palestinians that the US was prepared to cooperate with the Palestinians at the Security council, Israel’s Channel 1 TV said, quoting the Egyptian Al-Youm Al-Sabea newspaper.

Also present at the meeting were US National Security Adviser Susan Rice, and Majed Faraj, director of the Palestinian Authority’s General Intelligence Service.

Kerry is quoted as saying that he could present his ideas for a final status solution if the Palestinians pledge they will support the proposed framework. The US officials advised the Palestinians to travel to Riyadh to present the plan to Saudi leaders.

The Obama administration is denying all of this of course.  But if it is true, then the betrayal of Israel by Obama is much deeper than any of us realized.

With less than a month to go in his presidency, Barack Obama has decided to launch an all-out attack on Israel.  Once Resolution 2334 passed and the uproar against it was limited, that emboldened the Obama administration to go for broke.

Now it looks like they actually could try to get a Palestinian state created before he leaves office on January 20th, and if that happens it will be absolutely catastrophic for America.  You see, the truth is that we have been warned for many years that our land will be divided after the land of Israel is officially divided into two states.  Many of us have been watching for the creation of a Palestinian state for a very long time, and now we may be right on the verge of it happening.

When Donald Trump takes office he would not be able to reverse the creation of a Palestinian state, but one thing that he could do would be to move the U.S. embassy to Jerusalem.

If that happens, the Palestinians are promising to throw a massive temper tantrum

When asked how the Palestinians would react if Trump carried out his promise to move the US embassy to Jerusalem, Erekat reportedly said the Palestine Liberation Organization would rescind its recognition of Israel and ask Arab states to expel their US envoys.

Erekat made precisely that threat in a December 19 conference call organized by the Wilson Center policy forum. He said he would immediately resign as the chief Palestinian negotiator, and that “the PLO will revoke its recognition of Israel” as well as all previously signed agreements with Israel. Furthermore, said Erekat, all American embassies in the Arab world would be forced to close — not necessarily because Arab leaderships would want to close them, but because the infuriated public in the Arab world would not “allow” for the embassies to continue to operate.

Ultimately, everything that is happening now is setting the stage for the biggest war in the Middle East that we have ever seen.

So instead of this “peace process” being the solution, it is actually going to cause the Middle East to explode in violence.

For a very long time I have been warning that the worst days of the Obama era were still in front of us, and we are currently watching that play out right in front of our eyes.  This betrayal of Israel is the worst thing that he has done during his entire time in the White House, and now America is greatly cursed as a result.

Breaking Report: John Kerry Is Working On Another UN Resolution That Would Officially Recognize A Palestinian State

israel-and-the-palestinians-united-nations-mapMultiple media outlets are reporting that U.S. Secretary of State John Kerry is finalizing a document that the Obama administration hopes will form the basis for a UN Security Council resolution that officially recognizes a Palestinian state before the end of Barack Obama’s term on January 20th.  This comes on the heels of the UN Security Council’s adoption of resolution 2334 on December 23rd.  That resolution declared that all Israeli settlements in the West Bank are illegal, it stated that the Security Council recognizes the 1967 ceasefire lines as the border between Israel and “Palestine”, and it officially gave East Jerusalem to the Palestinians.  But it stopped short of formally recognizing a Palestinian state.  Resolution 2334 speaks of a Palestinian state in the future tense, but this new resolution that John Kerry is reportedly working on would give immediate and permanent UN Security Council recognition to a Palestinian state.

If there is a UN Security Council resolution that officially establishes a Palestinian state prior to January 20th, there will be no question that it will represent “the dividing of the land of Israel” at the United Nations that so many of us have been watching for.

According to the Times of Israel, Israeli Prime Minister Benjamin Netanyahu is anticipating precisely this kind of move at the UN, and he is reaching out to Donald Trump for assistance…

Amid escalating fallout from the UN Security Council vote Friday that condemned Israel’s settlement activities, a furious Prime Minister Benjamin Netanyahu was reported on Sunday night to be attempting to “recruit” the incoming Trump administration and the US Congress to block a feared bid by the outgoing Obama administration to have the Security Council approve principles for a Palestinian state.

It is being widely reported that John Kerry will deliver a speech within the next few days that will set out a specific plan for a “two-state solution”.  That same article from the Times of Israel says that Netanyahu is deeply concerned that Obama “will seek to have a resolution enshrining those parameters adopted by the UN Security Council” before the end of his term on January 20th…

Netanyahu’s fear is that Secretary of State John Kerry will set out principles or parameters for a Palestinian state in a speech that he has said he will deliver in the next few days on his Middle East vision. The prime minister fears that, in its final days, the Obama administration will seek to have a resolution enshrining those parameters adopted by the UN Security Council, the report said.

France is to hold a conference on the Israeli-Palestinian conflict on January 15, and Netanyahu expects that Kerry will attend, that the Middle East Quartet — the US, UN, Russia and EU — will coordinate their positions at that summit, and that they will then turn to the Security Council in the very last days of the Obama presidency, a Channel 10 report further suggested.

If John Kerry simply were to get up and give a speech about what he thinks the solution to the Israeli-Palestinian conflict should be, that would be rather meaningless.  In fact, there would be little point in doing that unless action was going to be taken at the UN Security Council before the end of Obama’s term.

Earlier today,

When you hit the translate button, this is how that tweet gets translated: “: Secretary of State John Kerry would work on a text recognizing the State of Palestine”.

When I first saw that, it sent chills through me.

According to i24news, this document that Kerry is working on would use the 1967 ceasefire lines as the basis for the borders between the two states, but it would also incorporate “land-swaps” so that most of the Jewish settlers in the West Bank could stay where they are…

United States Secretary of State John Kerry is preparing a document which will form the basis for final negotiations between the Israelis and Palestinians to be presented next month before President Barack Obama leaves office, the Palestinian al-Quds newspaper reported Monday.

The document will outline the establishment of a future Palestinian state according to the internationally recognized 1967 borders, with land-swaps leaving approximately 75 to 80 percent of Israeli settlers living in the West Bank under the sovereignty of Israel, the report states.

The principles will also set out requirements for Palestinian recognition of Israel as a Jewish State, and Israel’s required recognition of a Palestinian state with East Jerusalem as its capital, al-Quds says.

It would be hard to overstate how dangerous this is.  As I explained yesterday, when Barack Obama decided to betray Israel at the United Nations, he cursed America.  And a resolution that would officially recognize a Palestinian state would be an even bigger betrayal than resolution 2334 was.

Back in August, I went on one of the biggest Christian shows in America and specifically warned that Barack Obama would betray Israel at the United Nations.  I have also repeatedly pointed out the pattern of judgment that we have seen over the last several decades whenever the U.S. has made moves toward dividing the land, and I have repeatedly warned about what will happen when our government is involved in officially dividing the land of Israel and establishing a Palestinian state.

I cannot understand why more Christian leaders are not getting extremely upset about this.  They know that the Bible says that God will bless those that bless Israel and that it will curse those that curse Israel.

Many of those leaders also know that there will be extremely severe consequences for the United States once a Palestinian state is declared.

So why aren’t they saying something?

Why aren’t they warning the people?

Why are they just going about business as usual as if nothing is going to happen?

This past weekend preachers all across America should have been preaching fiery sermons about Obama’s betrayal of Israel on Friday.  But that wouldn’t have been politically-correct to preach during the Christmas season, and so in most churches nothing was said.

The passing of UN Security Council resolution 2334 was the most prophetically significant event in at least 40 years, and another resolution that would officially recognize a Palestinian state would be even more important.

America is already under a curse due to the passage of resolution 2334.  If another resolution is passed that formally establishes a Palestinian state, our nation will experience a shaking unlike anything that we have ever known before.

Let us pray that the Obama administration is not successful in getting this resolution passed before January 20th, because if it happens all hell is going to break loose in America.

The UN Security Council Has Just Officially Given Every Inch Of East Jerusalem To The Palestinians

jerusalem-photo-by-berthold-wernerBarack Obama has just made the worst decision of his entire presidency.  On Friday, the UN Security Council adopted resolution 2334, and this never would have happened without the support and approval of Barack Obama.  Since the United States has veto power on the Security Council, no resolution can ever pass unless the United States allows it to pass.  For decades, it has been the policy of the U.S. government to veto all anti-Israel resolutions at the Security Council, and the Israeli government had been expecting that Barack Obama would not suddenly change that policy at the very end of his second term.  Most of the news headlines about resolution 2334 refer to “Israeli settlements”, but the reality of the matter is that this resolution is about much more than that.  The truth is that this resolution has established legally binding parameters for a “two-state solution” that Israel will never accept, and this includes giving every inch of East Jerusalem to the Palestinians.

If you have not read it yet, you can find the full text of resolution 2334 right here.  It is one of the most important documents of our time, so you need to take a few minutes to read it.

In the excerpt below, you will see that this resolution clearly states that East Jerusalem is in “Palestinian territory” and that the Security Council says that it will recognize no changes to the pre-1967 borders except “those agreed by the parties through negotiations”…

Reaffirms that the establishment by Israel of settlements in the Palestinian territory occupied since 1967, including East Jerusalem, has no legal validity and constitutes a flagrant violation under international law and a major obstacle to the achievement of the two-State solution and a just, lasting and comprehensive peace;

Reiterates its demand that Israel immediately and completely cease all settlement activities in the occupied Palestinian territory, including East Jerusalem, and that it fully respect all of its legal obligations in this regard;

Underlines that it will not recognize any changes to the 4 June 1967 lines, including with regard to Jerusalem, other than those agreed by the parties through negotiations;

Of course not one inch of East Jerusalem was controlled by Israel prior to the 1967 war.  So the UN Security Council is saying that unless the Palestinians agree to give it up, every single inch of East Jerusalem (including the Temple Mount) belongs to the Palestinians.

As I have explained before, UN Security Council resolutions are considered to be legally binding on the parties.  Now that the Palestinians have been granted full legal ownership over East Jerusalem, does anyone actually believe that they will ever willingly relinquish that?

Today, more than half a million Israelis live in East Jerusalem and the 137 settlements that are scattered throughout the West Bank.

Where are they all supposed to go?

This UN Security Council resolution never should have happened.  President-elect Donald Trump made it abundantly clear that he would have vetoed this resolution, but instead of deferring to the next administration Barack Obama decided to viciously stab Israel in the back.  This is the greatest betrayal of Israel in American history, and according to Israeli Prime Minister Benjamin Netanyahu the Obama administration has been plotting this for quite a while

“From the information that we have, we have no doubt that the Obama administration initiated it, stood behind it, coordinated on the wording and demanded that it be passed,” Netanyahu said in a statement. “This is, of course, in complete contradiction of the traditional American policy that was committed to not trying to dictate terms for a permanent agreement, like any issue related to them in the Security Council, and, of course, the explicit commitment of President Obama himself, in 2011, to refrain from such steps.”

During an interview with with CNN on Sunday, an official spokesperson for Netanyahu said essentially the same thing…

Netanyahu spokesman David Keyes told CNN on Sunday, “We have iron-clad information, frankly, that the Obama administration really helped push this resolution and helped craft it, from sources internationally and sources in the Arab world.”

Unfortunately, Obama’s actions are going to have very serious implications for all of us.

As I just explained in an article on The Most Important News, those that bless Israel will be blessed, and those that curse Israel will be cursed.

And this is especially true when it comes to Jerusalem.  In Zechariah 2:8 we are told that those that touch Jerusalem touch the apple of God’s eye, and in Zechariah 12 we are told that the city of Jerusalem will play a significant role in the last days.  The following is what Zechariah 12:3 says in the Modern English Version

“And it will be on that day that I will set Jerusalem as a weighty stone to all the peoples. All who carry it will surely gash themselves, and all the nations of the land will be gathered against it.”

By defiantly attempting to divide the land of Israel and the city of Jerusalem during the waning days of his presidency, Barack Obama has cursed America.

You may not believe in blessings and curses, but the Word of God says that those that curse Israel will be cursed, and without a doubt we will most assuredly be cursed as a result of what Barack Obama has done.

And of course the entire Middle East is going to suffer as well.  Instead of bringing peace, this resolution just sets the stage for more conflict.  According to the Times of Israel, the Netanyahu government is already promising not to adhere to the terms of the resolution…

“Israel categorically rejects the despicable anti-Israeli resolution at the UN, and will not adhere to it,” the Prime Minister’s Office said in a seething statement after the council voted in favor of the motion 14-0.

Knowing all of this, put yourself into the shoes of the Palestinians for a moment.

The UN Security Council has given them legal rights to a nation with borders based on the pre-1967 lines.  They have been given every inch of East Jerusalem, and every Israeli settlement in East Jerusalem and the West Bank has officially been declared illegal.

If Israel refuses to budge, the Palestinians could very easily come to the conclusion that they have exhausted all legal channels for resolving the conflict and that the only way they are going to get what legally belongs to them is to take it by force.

A great war is coming to the Middle East, and it will be a life or death struggle between the Israelis and the Palestinians.

Nothing else that Barack Obama has done during his entire time in the White House even comes close to this.  He has greatly cursed America, he has set the stage for the bloodiest war the Middle East has ever seen, and he has defiantly shaken his fist at the one true God that created all things.

May God have mercy on us all.

Obama Betrays Israel At The United Nations – Is America’s Reprieve Now Over?

un-security-council-meeting-public-domainBarack Obama actually did it.  Despite enormous pressure from the government of Israel, President-elect Donald Trump and members of his own party in Congress, Barack Obama decided to stick a knife in Israel’s back at the United Nations.  On Friday, the UN Security Council adopted a resolution that calls for a “two-State solution based on the 1967 lines” and that shockingly states that “the establishment by Israel of settlements in the Palestinian territory occupied since 1967, including East Jerusalem, has no legal validity”.  This resolution was approved by a vote of 14 to 0, and the U.S. abstained from voting.  But essentially the outcome of the vote was going to be determined by Barack Obama.  For decades, the U.S. veto power on the UN Security Council has shielded Israel from these types of resolutions, but this time around Obama decided to betray Israel by allowing this vote to pass.  Needless to say, this vote is going to have enormous implications for Israel, for the United States, and for the entire globe.

Just five days ago, I published one of the most important articles that I have ever written.  It was entitled “The Real Reason Why America Has Been Given A Reprieve“, and in that article I explained why the U.S. has experienced a season of blessing since blocking a potential UN Security Council resolution that France wanted to introduce that would have formally divided the land of Israel in September 2015.  If you have not read that article yet, please go back and read it, because it will be of great aid in understanding why this new UN Security Council resolution is so incredibly important.

As I stated in that previous article, it is my contention that the reason why things have gone so well for the United States over the past 16 months is because Barack Obama made the right decision in September 2015 and chose to protect the land of Israel from being divided.

But now that Barack Obama has reversed course and has greatly betrayed Israel, is America’s reprieve now over?

For months, I have been warning that Barack Obama may do something like this at the UN during the waning days of his presidency.  You can see some examples of my previous warnings here, here and here.  And I have also been warning about the severe consequences that the United States would face if our government did ultimately decide to betray Israel.

This UN Security Council resolution that was passed on Friday was originally going to be put up for a vote on Thursday.  But after enormous pressure from the government of Israel and from President-elect Donald Trump, Egypt decided to withdraw the resolution that they had proposed at the last moment.

When that happened, it looked like everything was going to be okay.

However, temporary members of the UN Security Council New Zealand, Malaysia, Venezuela and Senegal immediately objected to Egypt’s move, and they indicated that they would submit the resolution for a vote if Egypt would not.

So on Friday a vote took place, and Obama did what many had been fearing.  The following comes from the New York Times

Defying extraordinary pressure from President-elect Donald J. Trump and furious lobbying by Israel, the Obama administration on Friday allowed the United Nations Security Council to adopt a contentious resolution that condemned Israeli settlement construction.

The administration’s decision not to veto the measure broke a longstanding American tradition of serving as Israel’s sturdiest diplomatic shield.

President-elect Trump publicly said that he would have vetoed this resolution, but now it will be virtually impossible for him to reverse it.

Another vote of the UN Security Council would be necessary to reverse it, and the votes simply would not be there.  And even if they were, either Russia or China could use the veto power that they possess to block it.

So this resolution is going to be permanent, and it is considered to be legally binding on both Israel and the Palestinians.

It seems fitting that Barack Obama is vacationing in Hawaii while all of this drama is playing out.  Perhaps while he is on the golf course he is enjoying a good laugh about how he really stuck it to his long-time nemesis Israeli Prime Minister Benjamin Netanyahu.

Needless to say, the Israeli government is absolutely furious that Obama has betrayed them.  The following comes from U.S. News & World Report

An Israeli official on Friday accused President Barack Obama of colluding with the Palestinians in a “shameful move against Israel at the U.N.” after learning the White House did not intend to veto a Security Council resolution condemning settlement construction in the West Bank and east Jerusalem the day before.

“President Obama and Secretary Kerry are behind this shameful move against Israel at the U.N.,” the official said. “The U.S administration secretly cooked up with the Palestinians an extreme anti-Israeli resolution behind Israel’s back which would be a tail wind for terror and boycotts and effectively make the Western Wall occupied Palestinian territory,” he said calling it “an abandonment of Israel which breaks decades of US policy of protecting Israel at the UN.”

You can read the full text of the UN Security Council resolution that was just adopted right here.  These are some of the highlights that I pulled out of the document…

-It refers to Israel as “the occupying Power”

-It calls for a “two-State solution based on the 1967 lines”

-It speaks of a Middle East “where two democratic States, Israel and Palestine, live side by side in peace within secure and recognized borders”

-It demands “the dismantlement of all settlement outposts erected since March 2001”

-To me, the following is the key paragraph in the entire resolution…

Reaffirms that the establishment by Israel of settlements in the Palestinian territory occupied since 1967, including East Jerusalem, has no legal validity and constitutes a flagrant violation under international law and a major obstacle to the achievement of the two-State solution and a just, lasting and comprehensive peace

-It stipulates “that Israel immediately and completely cease all settlement activities in the occupied Palestinian territory, including East Jerusalem”

-It states that the UN Security Council “will not recognize any changes to the 4 June 1967 lines, including with regard to Jerusalem, other than those agreed by the parties through negotiations”

-It expresses a belief that “the cessation of all Israeli settlement activities is essential for salvaging the two-State solution, and calls for affirmative steps to be taken immediately to reverse the negative trends on the ground that are imperilling the two-State solution”

-It calls on all UN member states “to distinguish, in their relevant dealings, between the territory of the State of Israel and the territories occupied since 1967”

This is the most anti-Israel resolution that the UN Security Council has ever passed, and it never would have happened without Barack Obama’s approval.

The Israeli government and the Obama administration have had a very strained relationship for years, and this moment represents the culmination of tensions that have been building for a very long time.

But does this resolution actually represent the “division of the land of Israel” at the United Nations that so many have been waiting for?

I don’t know if I have a definitive answer to that question for you today.  The language of this resolution does not directly give formal recognition to a Palestinian state, but it does speak of a “democratic state” of “Palestine”, and it does speak of “Palestinian territory”.  It calls Israel “the occupying Power”, and it does say that all Israeli settlements in the West Bank and in East Jerusalem are illegal.  And on top of everything else, the UN Security Council clearly stated that it “will not recognize any changes to the 4 June 1967 lines, including with regard to Jerusalem, other than those agreed by the parties through negotiations”.

So it seems clear that the UN Security Council has affirmed three major points that we have been watching for…

#1 A Palestinian state exists.

#2 The 1967 ceasefire lines represent the borders between the state of Israel and Palestine, but future negotiations between Israel and the Palestinians could alter these borders.

#3 East Jerusalem belongs to the Palestinians.  This resolution does not refer to East Jerusalem as the future capital of Palestine, but that is obviously what is intended.

But perhaps another resolution will come later which will give official UN Security Council recognition to a Palestinian state.

At this point, we just don’t know.

However, what we do know is that for decades whenever the U.S. has taken steps toward dividing the land of Israel it has resulted in dramatic consequences for our nation.

It is my contention that this betrayal of Israel at the United Nations by Barack Obama represents a major turning point.  I believe that America’s reprieve is now over, and that many of the things that people have been anticipating since September 2015 will start happening.

Barack Obama just made the worst decision of his entire presidency, and from this point forward nothing is ever going to be the same again.

The Real Reason Why America Has Been Given A Reprieve

america-has-been-given-a-reprieve-public-domainThis is one of the most important articles that I have written in a long time.  The strange events of the past year and a half have befuddled and mystified many, and in this article I am going to explain why America has been given a temporary reprieve.  If you go back to June 2015, I warned my readers that major financial problems were imminent, and sure enough in August 2015 we witnessed the greatest financial shaking that we had seen in seven years.  I remember getting emails from my readers applauding me for absolutely nailing that prediction, but we were all concerned about what was coming next in September.  If you will recall, there was more buzz about September 2015 than any other month that I can ever recall.  That was the month of the last blood moon, the end of the Shemitah year and the Pope’s visit to the United States among other things.  There was a tremendous amount of anticipation that the crisis that had begun in August 2015 would greatly accelerate in September and lead us into a period of cataclysmic global chaos.  But that did not happen.  Instead, U.S. financial markets calmed down and eventually recovered.  There was a shift in the political realm as well, as the second half of 2015 marked the rise of Donald Trump.  During those key months, Trump miraculously built a commanding lead in the race for the Republican nomination that none of his opponents were ever able to overcome.  And now that Trump has won the election, an economic surge appears to be happening that is unlike anything that we have witnessed in many years.

Compared to much of the rest of the world, America appears to have been blessed over the past year and a half.  Our financial markets have performed extremely well, the U.S. dollar is the strongest that is has been in over a decade, and jobs are coming back to the United States.

None of this was supposed to happen.  In fact, our financial system was in such bad shape a year and a half ago that it was being projected that the U.S. would be on the bleeding edge of the next crisis.  But instead here we stand safe, prosperous and seemingly secure.

How in the would can we explain this?

What I am about to share with you I have previously shared on national television down at Morningside, but it has been brought to my attention that I have never shared this with my readers on The Economic Collapse Blog.  I apologize for this, because the past year and a half doesn’t make any sense until you understand these things.

When people look back at September 2015, they always forget the most critical event.  In addition to everything else that was going on that month, France had a UN Security Council resolution all ready to go that would have permanently divided the land of Israel, that would have given formal UN Security Council recognition to a Palestinian state for the very first time, and that would have given East Jerusalem to the Palestinians as the capital of their new state.

The rest of the UN Security Council was ready to go along with the French resolution, but there was just one country standing in the way.

The United States has veto power on the UN Security Council, and so the Obama administration had the power to potentially block the resolution.  After carefully considering the matter, the Obama administration decided that it was not the time for such a resolution, and so France never submitted it for a vote.

Just about everything else that Barack Obama did throughout his entire presidency was bad, but in this instance he got something completely right.  The decision whether or not to divide the land of Israel was in his hands, and he made the right call.

Once this decision was made, it was almost as if someone hit a “pause button”.  None of the bad things that people were forecasting ending up happening, and since that decision America has been blessed compared to the rest of the world.

And this is perfectly consistent with what God said that He would do.  Starting in Genesis 12 and continuing all throughout the Scriptures, God promises to bless those that bless Israel and to curse those that curse Israel.

In this case, Barack Obama blessed Israel by preventing the UN Security Council from dividing the land, and so we were blessed as a result.

But of course there have been many other instances over the past several decades when we have been cursed as a nation for attempting to take steps toward the division of the land of Israel.  One of the most notable instances took place in 1991 when George H. W. Bush got the Israelis and the Palestinians together for the very first time to discuss the dividing of the land of Israel into two states…

michael-snyder-israel-1

At that conference, the New York Times reported that Bush told Israel that “territorial compromise is essential for peace”.  Needless to say, this upset a lot of people…

michael-snyder-israel-2

At the exact same time that conference was going on, the “Perfect Storm” was raging in the North Atlantic.  Three major storms merged together, and instead of canceling one another out, they formed the kind of storm that is normally only seen once in a lifetime.  If you will remember, Hollywood made a big blockbuster with George Clooney that was based on this storm.  This gigantic storm went 1000 miles the wrong direction and slammed directly into the home of George H. W. Bush while he was at the Madrid conference talking about the need to divide the land of Israel…

michael-snyder-israel-3

Another very notable example of this phenomenon came in 2005.  At that time, George W. Bush (the son of George H. W. Bush) had convinced Israel that it should pull all of the settlers out of Gaza and turn it entirely over to the Palestinians.  According to the New York Times, the last of the settlers was evacuated on August 23, 2005…

michael-snyder-israel-4

On that exact same day, a little storm that came to be known as Hurricane Katrina formed over the Bahamas.  It shocked forecasters by turning directly toward New Orleans, and it ultimately became the costliest natural disaster in all of U.S. history up until that time.

There are dozens more examples like this, and men like John McTernan, William Koenig and David Brennan have done a great job documenting them.

Today, 137 nations have already recognized a Palestinian state.  The holdouts are mostly in North America and Europe…

michael-snyder-israel-6

France and most of the rest of Europe have been eager and ready to recognize a Palestinian state for quite a while now, but they don’t really want to move forward without the United States.

And of course they can’t officially do anything at the UN Security Council without U.S. approval.

Barack Obama had been hoping to achieve something through direct negotiations between the Israelis and the Palestinians, but those totally broke down and there is no hope that there will be any new negotiations any time soon.

So Barack Obama knows that his only shot at “leaving a legacy” in the Middle East is at the United Nations, and earlier this year he said that a UN Security Council resolution that would recognize a Palestinian state was “on the table” for the very first time…

michael-snyder-israel-8

At that time he did not indicate which way that he would go, and although there have been rumblings that something might happen, he has not taken any action yet.

But now time is running out for Obama, because his term is scheduled to end on January 20th.  The advocates of a “two state solution” are becoming increasingly desperate, because they know that Donald Trump has already promised not to support a UN Security Council resolution that would divide the land of Israel.  So they know that if something is going to be done, it has got to be done now.

A UN Security Council resolution would be legally binding on both the Israelis and the Palestinians, and it would be something that Donald Trump would not be able to undo.  Another vote of the UN Security Council would be required to revoke a resolution once it has been passed, and the votes would not be there to do that.

So the next month is absolutely critical.  The UN Security Council still has time to take action while Obama is still in office, and we know that such a move is actively being considered.  For much, much more on this, please see the following articles that I have recently authored…

-“Jimmy Carter Urges Barack Obama To Divide The Land Of Israel At The United Nations Before January 20th

-“John Bolton Warns That Obama May Divide The Land Of Israel At The UN Before The Inauguration

-“The Danger Zone: Why Israel Greatly Fears Barack Obama’s Last Few Months In Office

-“The New York Times Calls For Obama To Support A UN Resolution That Would Divide The Land Of Israel

If we can get to January 20th and the land of Israel has not been divided by the UN Security Council and Donald Trump successfully takes office, perhaps our reprieve will be extended for a while.

But if Barack Obama very foolishly allows the land of Israel to be divided at the UN Security Council before January 20th, the “pause button” will be unpaused, our blessing will be turned into a curse, and all hell will break loose in America.

Dead People And Illegal Immigrants Are Being Registered To Vote All Over America

votingWithout free and fair elections, what hope is there for the future of America?  The integrity of our voting process is of the utmost importance, and yet so little attention is being paid to it.  Later this week I am going to share some documented facts about voting fraud during the 2012 election that most Americans have never even heard about, and it is absolutely imperative that we don’t allow this kind of funny business to happen again this time.  Today, I am going to share some examples of how dead people and illegal immigrants are actually being registered to vote all over America.  Despite very strong and very angry denials by the mainstream media, the truth is that election fraud is absolutely rampant in this country, and when someone tries to steal an election they are committing a crime against all of us.

Let’s start with what just happened in Virginia.  A college student at James Madison University is under investigation for registering 19 dead people to vote so that he could vote for Hillary Clinton a whole bunch of times

Just yesterday we wrote about an FBI investigation into potential voter fraud in the critical swing state of Virginia after it was revealed that 19 dead people had recently been re-registered to vote (see “FBI Investigating More Dead People Voting In The Key Swing State Of Virginia“).  While the Washington Post caught wind of the investigation, it was not known who was behind the operation…until now.

Meet, Andrew Spieles, a student at James Madison University, and apparently “Lead Organizer” for HarrisonburgVOTES.  According to the Daily News-Record, Spieles confessed to re-registering 19 deceased Virginians to vote in the 2016 election cycle.

While this should come as a surprise to precisely 0 people, Spieles just happens to be Democrat who, accorded to a deleted FaceBook post, apparently recently ran for Caucus Chair of the Virginia Young Democrats.

In recent weeks I have been researching election fraud extensively, and almost every time it involves Democrats.  Perhaps they take lying, cheating and stealing a lot less seriously than Republicans do.  This student at James Madison University was caught when a note congratulating a deceased veteran for registering to vote was sent to his family.  The following comes from the Washington Post

One case came to light after relatives of a deceased man received a note congratulating him for registering, Rockingham County Commonwealth’s Attorney Marsha Garst said Thursday.

“His family members were very distraught,” said Garst, who confirmed the existence of the FBI and police investigation but said she could provide few details because the case is ongoing.

Of course there are lots of other examples of this kind of thing happening around the nation.  In the swing state of Colorado, an investigation has uncovered a “very serious” pattern of dead people actually casting votes in multiple elections.  One has to wonder how long this has been going on

Local officials in Colorado acknowledged “very serious” voter fraud after learning of votes cast in multiple elections under the named of recently-deceased residents.

A local media outlet uncovered the fraud by comparing voting history databases in the state with federal government death records. “Somebody was able to cast a vote that was not theirs to cast,” El Paso County Clerk and Recorder Chuck Broerman told CBS4 while discussing what he called a “very serious” pattern of people mailing in ballots on behalf of the dead.

It’s not clear how many fraudulent ballots have been submitted in recent years. CBS4 reported that it “found multiple cases” of dead people voting around the state, revelations that have provoked state criminal investigations.

It also turns out that dead people have been voting in California.  In fact, one dead man in the state has been casting votes since 2004, and authorities have found “hundreds” of similar examples…

“He took a lot of time choosing his candidates,” said Annette Givans of her father, John Cenkner.

Cenkner died in Palmdale in 2003. Despite this, records show that he somehow voted from the grave in 2004, 2005, 2006, 2008 and 2010.

But he’s not the only one.

CBS2 compared millions of voting records from the California Secretary of State’s office with death records from the Social Security Administration and found hundreds of so-called dead voters.

Do these instances of voting fraud make you angry?

If so, that is good, because they should.  Countless numbers of Americans have laid down their lives to give us the right to vote, and the people behind this vote fraud are making a mockery of their sacrifices.

In the swing state of Pennsylvania, an investigation has found dozens of instances where illegal immigrants have been allowed to vote in recent elections

At least 86 non-citizens have been registered voters in Philadelphia since 2013, and almost half — 40 — even voted in at least one recent election, according to a legal group that sued to get voter registration records.

Joseph Vanderhulst, an attorney with the Public Interest Legal Foundation, noted Philadelphia knows about those 86 illegal voters only because officials received specific requests — in almost every case from the voters themselves — to remove the names from the rolls. He said there is no way to know how many non-citizens might be registered to vote in Philadelphia, let alone in the rest of politically crucial Pennsylvania.

But of course Pennsylvania is far from alone.  It also turns out that lots of illegal immigrants have been voting in Virginia

Philadelphia becomes the latest jurisdiction that the Public Interest Legal Foundation has revealed to have irregularities in the voter rolls. The group recently found 1,046 non-citizens who had been registered to vote in eight Virginia counties and that nearly 200 cast ballots between 2005 and 2015.

It should be obvious to anyone with an ounce of common sense that we need to tighten up our voting laws and that we need much stricter enforcement.  Unfortunately, Democrats typically fight tooth and nail against such measures.

In Indiana, state police just raided a voter registration agency that appears to have been involved in a voting fraud scheme that spanned nine counties.  What they have uncovered so far is extremely alarming

Police said the growing number of involved counties leads investigators to believe that the number of fraudulent records might be in the hundreds.

The possible fraudulent information is a combination of fake names, addresses and dates of birth with real information.

No matter what your political perspective is, the facts that I just laid out should deeply disturb you.

There are documented incidents of voting fraud all over the nation, and it is inexcusable that dead people and illegal immigrants are being allowed to cast votes in our elections.

And later this week I am going to share with you some absolutely amazing evidence that a systematic attempt was made to alter the outcome of the last presidential election.

If we don’t stop these crooks from messing with our elections, it is just going to keep happening over and over again.  So if you see something strange when you go to vote in 2016, please let me know, because I plan to make this a major issue if there is evidence of fraud this time around.

Save

Creepy Clowns Are Terrorizing Children, Parents And Schools All Over America

creepy-clown-posted-by-karen-mann-hicks-on-facebookAn epidemic of creepy clown sightings is sweeping America, and authorities don’t know who or what is behind it.  In some instances, clowns with horrific expressions painted on their faces have been spotted standing on the side of the road, lurking near the edge of the woods or just roaming about town staring at random people.  But in other instances there have been reports of clowns actually attempting to lure children with gifts, and there have even been some reports of children running away from creepy clowns that were chasing after them.  While doing research for this article, I came across recent creepy clown sightings from South Carolina, North Carolina, Ohio, Florida, Wisconsin, California, Alabama, Georgia and West Virginia.  This is truly a nationwide phenomenon, and many believe that it will get even worse as Halloween approaches.

This creepy clown trend appears to have begun with a very disturbing case at an apartment complex in South Carolina

Donna Arnold, one of the people residing at the complex who received the letter, said she called the Greenville County Sheriff’s Office to come out to Fleetwood Manor after her son and others reported seeing clowns behind the basketball court.

“I thought my child was seeing things,” Arnold said. “And then the next day I had about 30 kids come up to me and say, ‘Did you see the clown in the woods?”

Community activist Bruce Wilson said he is getting involved at the apartments to make sure children are safe, even if the sightings turn out to be harmless.

Authorities say that their investigation into this incident found that the clowns were approaching children with the intent “to persuade them into the woods further by displaying large amounts of money“.

At least one child that personally interacted with these clowns testified “that they had candy and they would give it to them if they came there“.

Whether people are dressed as clowns or not, attempting to abduct children in no joke.

Unsurprisingly, this case made national headlines, and at that point it appears that a whole host of copycats started to come out of the woodwork.  The following is how an article in the Week summarized what happened next…

A week later, a boy at an apartment ten miles away reported seeing a man in a clown mask in the woods near his home. Later that night, a boy at an apartment just three miles from Fleetwood Manor reported seeing another clown. That apartment also sits on the edge of a wooded area. There was another local sighting the next day. The following day, a woman told police she saw a clown standing outside a Greenville laundromat, simply staring at her.

By then, the clowns had begun to mobilize. The previous day, a 14-year-old boy in Columbus, Ohio, said that a man wearing a clown mask chased him with a knife while the boy was walking to his school bus stop. Less than a week later, on Sept. 5, two children in Winston-Salem, N.C., claimed a clown was offering candy, as long as they would follow him into the woods. Later that night, a woman in the area claimed that a clown tried to coax her into the woods, except this one was carrying a machete. He wore black gloves and a black tie. The next morning, in the nearby town of Greensboro, a man said he saw a clown in the woods behind his apartment. Yellow polka-dotted shirt, blue pants.

Since that time the creepy clown sightings have not stopped, and one of the most alarming incidents of all just took place in McDuffie County, Georgia

“It was this morning at 6:30 when we were leaving at the house,” said Cameron Frails, who saw the clown.

But as Frails and his neighbor, Hannah Rice, started walking, they noticed something.

“I was standing over there,” said Rice. “And I was like, ‘who’s that guy following Cameron?'”

“We saw a man with all black on, clown mask and a red wig,” said Frails.

They said they saw at least two men dressed in all black coming toward them between two trailers, so they started running.

But that isn’t the only report of these creepy clowns trying to chase down children.  Here is another one from Georgia

According to the police report, the woman said the children told her they were leaving the community center as it was getting dark Monday evening when five people dressed as clowns and wearing masks emerged from a white panel van and began chasing them.

The 48-year-old woman also told police she saw a white panel van slowly driving past her home prior to the supposed incident at the community center around the corner, on McKinley Drive.

A lot of the copycats out there may be doing this sort of thing as a prank, but law enforcement authorities are beginning to take this threat very seriously.

In fact, Time Magazine is reporting that two schools in Alabama “were put on lockdown” on Friday due to threats from a group known as “Flomo Clowns”…

Two southern Alabama schools were put on lockdown Friday because of threatening Facebook messages and emojis posted on the now-deleted page of a group called the ‘Flomo Klowns.’

The sinister Facebook messages said “It’s going down tonight,” followed by revolver emojis, and “I love kids.” A parent also contacted the Flomaton Police Department to say her child had been sent threatening messages by the group.

The entrances to Flomaton High School, which has around 400 students, and Flomaton Elementary School, which has about 300, were locked, as well as internal doors. Local officers and sheriff deputies secured the school grounds and searched the area, AL reports.

I think that this is another example of how sick and twisted our society has become.  There are a lot of unbalanced people out there that get a thrill from spreading terror, and the initial clown stories have inspired them to capitalize on this trend.

If you are able to take a photograph or some video of these creepy clowns, please feel free to contact me.  “Killer clown” costumes are always extremely popular during the Halloween season, and I have a feeling that this wave of terror is only going to intensify as we approach the end of October.

One photograph of a creepy clown that was taken on Simmons River Road near Duhring, West Virginia has gotten a lot of attention on social media.  It was originally posted by Karen Mann Hicks on Facebook, and you can view it right here

creepy-clown-posted-by-karen-mann-hicks-on-facebook

Hopefully this creepy clown craze will soon fade, but it is a quick way for deeply disturbed individuals to “get on the news”, and so it seems likely that there will be even more copycats.

But those that are tempted to dress up like creepy clowns and terrorize children should be aware that police all over the nation are taking this very seriously, and arrests will likely be made at the first sign of trouble.

America The Debt Pig: We Are A ‘Buy Now, Pay Later’ Society – And ‘Pay Later’ Is Rapidly Approaching

America The Pig - Public DomainIf you really wanted to live like a millionaire, you could start doing it right now.  All you have to do is to apply for as many credit cards as possible and then begin running up credit card balances like there is no tomorrow.  At this point, I know what most of you are probably thinking.  You are probably thinking that such a lifestyle would not last for long and that a day of reckoning would eventually come, and you would be exactly right.  In fact, anyone that has ever had a tremendous amount of credit card debt knows how painful that day of reckoning can be.  To mindlessly run up credit card debt is exceedingly reckless, but unfortunately that is precisely what we have been doing as a nation as a whole.  We are a “buy now, pay later” society, and our national day of reckoning is approaching very, very quickly.

Often we like to focus on our exploding national debt, but household debt is out of control too.  In fact, the total amount of household debt in the United States is now up to a whopping 12.3 trillion dolllars

In the second quarter, total household debt increased by $35 billion to $12.3 trillion, according to the New York Fed’s latest quarterly report on household debt. That increase was driven by two categories: auto loans and credit cards.

We throw around words like “trillion” so often these days that they often start to lose their meaning.  But the truth is that 12.3 trillion dollars is an astounding amount of money.  It breaks down to about $38,557 for every man, woman and child in the entire country.  So if you have a family of four, your share comes to a grand total of $154,231, and that doesn’t even include corporate debt, local government debt, state government debt or the gigantic debt of the federal government.  That number is only for household debt, and there aren’t too many Americans that could cough up their share right at this moment.

Do you remember when I wrote about how credit card companies are specifically targeting less educated and less sophisticated consumers?  Well, that is where much of the credit card debt growth has come lately.  Just check out these numbers

Now, credit cards are returning among individuals with low credit or subprime credit scores below 660. Among people with credit scores between 620 and 660, the share that had a credit card rose to 58.8% in 2015 from a low of 54.3% in 2013. Among those with scores below 620, the number of people with a credit card increased to 50% from a low of 45.6% two years ago. Both figures for 2015 are the highest since 2008.

In America today, we are enjoying a standard of living that we do not deserve.

We consume far more wealth than we produce.  The only way we are able to do that is by going into debt.

Debt takes future consumption and brings it into the present.  In other words, we are damaging the future in order to make the present a little bit better.  On an individual level, we may enjoy the big screen television we buy with a credit card today, but we are taking away our ability to spend money later.  And on a national level, what our unprecedented debt binge is doing to future generations of Americans is beyond criminal.

Earlier this month I explained these things to a live studio audience down at Morningside, and you can view a video of that right here

In this article I haven’t even talked about corporate debt yet.  Instead of learning their lessons from the last financial crisis, big corporations have gone on the biggest debt spree of all time.  If you can believe it, corporate debt has approximately doubled since the last financial crisis.  In other words, since the last recession we have essentially matched the total amount of corporate debt that we accumulated from the beginning of the country up to 2009.

Unfortunately, a lot of that debt is now going bad.

In previous articles I have documented that corporate debt delinquencies are now the highest that they have been since the last financial crisis, and corporate debt defaults are also the highest that they have been since the last financial crisis.

At this point, even the mainstream media is acknowledging that we have a corporate debt “crisis”.  The following comes from an article that was just put out by the Denver Post

The number of companies that have defaulted so far this year has already passed the total for all of last year, which itself had the most since the financial crisis. Even among companies considered high-quality, or investment grade, credit-rating agencies say a record number are so stretched financially that they’re one bad quarter or so from being downgraded to “junk” status.

Companies whose debt is already deemed “junk” are in the worst shape in years. To pay back all they owe, they would have to set aside every dollar of their operating earnings over the next eight and a half years, more than twice as long as it would have taken during the 2008 crisis, according to Bank of America Merrill Lynch.

Are you starting to get the picture?

And I haven’t even started talking about our national debt yet.  When Barack Obama entered the White House, we were 10.6 trillion dollars in debt.  Today, we are 19.4 trillion dollars in debt.  That means that we have added 8.8 trillion dollars to the national debt under Obama, which breaks down to an average of 1.1 trillion dollars of additional debt a year.

We have been taking more than 100 million dollars of future consumption and bringing it into the present every single hour of every single day during the Obama administration.  That is why I am constantly referring to our “debt-fueled standard of living”.  We do not deserve to live the way that we do, but since we are able to steal from our children and our grandchildren we are able to enjoy a standard of living that most people in the world can only dream about.

Of course we are literally destroying the future of America in the process, but very few people seem to care about that these days.

Without all of this debt, we would be in a very deep economic depression right now.

But even with all of this “stimulus”, we are still mired in the worst economic “recovery” since 1949.  In fact, Barack Obama is actually on track to be the very first president in all of American history to not have one single year when U.S. GDP grew by 3 percent or better, and he has had two terms in which to try to get that accomplished.  The percentage of working age Americans that actually have a job is way down from where it was just prior to the last recession, and in this video I explain why the employment numbers put out by the government are not nearly as good as the administration would have us believe…

If the American people would have been willing to sacrifice and make some very hard choices a long time ago, maybe we could have gotten a handle on all of this debt.

But instead we continue to rack up debt as if there is no tomorrow, and in the process we are literally destroying tomorrow.

Every dollar of debt that we accumulate now makes life worse for our children and our grandchildren.

Unfortunately, we are a bunch of debt pigs, and we just can’t help ourselves.  We have come to believe that it is “normal” to go into so much debt, and as a society we continue to race toward economic oblivion.

Ready Made Resources 2015
Finca Bayano

Silver.com

Camping Survival
Don't Blame Trump
Lifesilver
Panama Relocation Tours
The 1 Must Own Gold Stock
180x350
Credible Warning
self feeding fire
finished gold2
ProphecyHour
Panama Survival Property
Facebook Twitter More...