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Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?

Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar.  Most Americans don’t even know what the petrodollar is, but for those of you that do understand what I am talking about, this should send a chill up your spine.  The petrodollar is one of the key pillars of the global financial system, and it allows us to live a far higher standard of living than we actually deserve.  The dominance of the petrodollar has been very jealously guarded by our government in the past, and that is why many are now concerned that this move by Venezuela could potentially lead us to war.

I don’t know why this isn’t headline news all over the country, but it should be.  One of the few major media outlets that is reporting on this is the Wall Street Journal

The government of this oil-rich but struggling country, looking for ways to circumvent U.S. sanctions, is telling oil traders that it will no longer receive or send payments in dollars, people familiar with the new policy have told The Wall Street Journal.

Before we go any further, we should discuss what we mean by the “petrodollar” for those that are not familiar with the concept.  The following comes from an excellent article by Christopher Doran

In a nutshell, any country that wants to purchase oil from an oil producing country has to do so in U.S. dollars. This is a long standing agreement within all oil exporting nations, aka OPEC, the Organization of Petroleum Exporting Countries. The UK for example, cannot simply buy oil from Saudi Arabia by exchanging British pounds. Instead, the UK must exchange its pounds for U.S. dollars. The major exception at present is, of course, Iran.

This means that every country in the world that imports oil—which is the vast majority of the world’s nations—has to have immense quantities of dollars in reserve.

As will be explained below, the fact that virtually everyone around the world has to use our currency to buy oil is a massive advantage for us.  Venezuela knows this, and so in response to new sanctions being imposed upon them, they are hitting us where it hurts

Oil traders who export Venezuelan crude or import oil products into the country have begun converting their invoices to euros.

The state oil company Petróleos de Venezuela SA, known as PdVSA, has told its private joint venture partners to open accounts in euros and to convert existing cash holdings into Europe’s main currency, said one project partner.

The new payment policy hasn’t been publicly announced, but Vice President Tareck El Aissami, who has been blacklisted by the U.S., said Friday, “To fight against the economic blockade there will be a basket of currencies to liberate us from the dollar.”

If more nations start to follow suit, it would be absolutely disastrous for the United States.

In other articles, I have detailed why the petrodollar is so incredibly important to our economy and our financial system.  The following is an extended excerpt from one of those previous articles

So why is the petrodollar so important?

Well, it creates a tremendous amount of demand for the U.S. dollar all over the globe.  Since everyone has needed it to trade with one another, that has created an endless global appetite for the currency.  That has kept the value of the dollar artificially high, and it has enabled us to import trillions of dollars of super cheap products from other countries.  If other nations stopped using the dollar to trade with one another, the value of the dollar would plummet dramatically and we would have to pay much, much more for the trinkets that we buy at the dollar store and Wal-Mart.

In addition, since the U.S. dollar is essentially the de facto global currency, this has also increased demand for our debt.  Major exporting nations such as China and Saudi Arabia end up with giant piles of our dollars.  Instead of just letting them sit there and do nothing, those nations often reinvest their dollars into securities that can rapidly be changed back into dollars if needed.  One of the most popular ways to do this has been to invest those dollars in U.S. Treasuries.  This has driven down interest rates on U.S. debt over the years and has enabled the U.S. government to borrow trillions upon trillions of dollars for next to nothing.

But if the rest of the world starts moving away from the U.S. dollar, all of this could change.

History has shown that when the status of the petrodollar is threatened, the U.S. is swift to take action.

And it is very interesting to note that President Trump will be meeting with Latin American leaders next week, and the main topic for discussion will be “the Venezuela crisis”

U.S. President Donald Trump has invited three Latin American leaders to dine with him next week in New York as he seeks to address the Venezuela crisis and build bridges with the region after an acrimonious start with neighbor Mexico.

The political and economic turmoil in Venezuela, source of 10 percent of the oil consumed by the United States, will almost certainly top the agenda when he receives the center-right presidents of Peru, Colombia and Brazil at Trump Tower on Monday evening, diplomats said.

Could this latest move by Venezuela be enough to potentially spark a military conflict?

The guys over at Zero Hedge seem to think so…

Having threatened China today with exclusion from SWIFT, we suspect Washington is rapidly running out of any great ally to sustain the petrodollar-driven hegemony (and implicitly its war machine). Cue the calls for a Venezuelan invasion in 3…2..1…!

It would be absolutely no surprise at all if John McCain and Lindsey Graham start appearing on the major news networks calling for war with Venezuela, but hopefully President Trump will not listen to such nonsense.

No matter how important the petrodollar is, there is absolutely no reason to go to war to protect it.

And if war talk does begin, the American people need to make their voices heard very, very loudly.  We have been in useless wars before, and we certainly do not need another one.

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

The Middle Class Is Being Destroyed: Now Only 25 Percent Of All Americans Have $10,000 Or More In Savings

We just got more evidence that the middle class is being systematically eviscerated.  According to a GOBankingRates survey that was just released, more than half the country has less than $1,000 in savings.  So in the event of a major economic disaster of some kind, over 50 percent of the nation is going to be completely out of cash almost immediately.  For years I have been writing about the steady decline of the middle class in the United States, but I still get astounded by numbers such as these.  According to this new survey, only 25 percent of all Americans have $10,000 or more in savings at this point…

$0 saved: 39 percent
Less than $1,000 saved: 18 percent
$1,000 to $4,999 saved: 12 percent
$5,000 to $9,999 saved: 6 percent
$10,000 or more saved: 25 percent

Other surveys have come up with similar results.  One discovered that about two-thirds of the country is living paycheck to paycheck, and another which was conducted by the Federal Reserve found that 44 percent of all U.S. adults do not even have enough money “to cover an unexpected $400 expense”.

Most of us have grown accustomed to barely scraping by from month to month.  But that is not what being “middle class” is supposed to be about.  If you are in the “middle class” you should be making more than you are spending and building long-term wealth.

But just like our federal government, most of us are spending money like there is no tomorrow.  If we don’t have quite enough money for what we want to do, we just borrow more.  Right now, U.S. consumers are more than 12 trillion dollars in debt, and it is impossible to build any real wealth when you are constantly drowning in red ink.

We are willingly enslaving ourselves, but most people were never even taught about the dangers of going into too much debt.

Another major factor in the decline of the middle class is the fact that we have been shipping millions of good paying jobs overseas.  We have lost more than 70,000 manufacturing facilities since China joined the WTO, and we have been replacing good paying manufacturing jobs with low paying service jobs.

Without enough good paying jobs, our middle class has been steadily shrinking.  In 2015, the middle class became a minority of the population in the United States for the first time ever recorded.

If you go back to the early 1970s, the middle class was well over 60 percent of the population, but now that number is hovering in the high 40s.

And things continue to get even worse.  For example, NBC News recently reported that the number of Americans that can’t afford to be living in their own homes has more than doubled since 2001…

Over 38 million American households can’t afford their housing, an increase of 146 percent in the past 16 years, according to a recent Harvard housing report.

Under federal guidelines, households that spend more than 30 percent of their income on housing costs are considered “cost burdened” and will have difficulty affording basic necessities like food, clothing, transportation and medical care.

But the number of Americans struggling with their housing costs has risen from almost 16 million in 2001 to 38 million in 2015, according to the Census data crunched in the report. That’s more than double.

If we want to turn things around for the middle class, we need more entrepreneurs and more small businesses.

Small businesses have traditionally been the primary engine for job growth in this country.  But instead of encouraging small businesses to start and grow, the federal government has been absolutely killing small businesses with red tape and high taxes.

If I win my election, I am going to do all that I can to fight for entrepreneurs and small businesses.  Today, the percentage of Americans that work for themselves is close to a record low, and we desperately need to get that turned around.

So I I go to Congress, one of the first things I plan to do is to push for the elimination of the “self-employment tax”.

If you are an entrepreneur, then you already know how painful that particular tax can be.

We have got to get this economy growing again.  Barack Obama was the only president in our entire history never to have a single year when the U.S. economy grew by at least 3 percent, and overall we have not had a year when our economy grew by at least 3 percent in over a decade.

And as I noted earlier this week, “our economy has still only grown at an average rate of just 1.33 percent a year over the last 10 years.”

Is that acceptable to you?

I hope not, because it sure is not acceptable to me.

What we have been doing is simply not working.  In fact, if we were not propping up the economy with the greatest debt binge in human history, we would be a in a rip-roaring economic depression right now.

If we want America to once again become the greatest economic machine on the planet, we need to do the things that made us great in the first place.  We need an extremely limited federal government that stays out of the way of business, and we need to once again embrace the principles of free market capitalism.

Free markets work tremendously well if you allow them to do so.

But if we continue to march down the road toward big government socialism, we will get what we deserve, and it won’t be pretty.

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

Hillary Almost Proposed ‘A Universal Basic Income’ In 2016, And The Idea Is Catching Fire Among Grassroots Democrats

Should you get free money from the U.S. government every month simply for being alive?  That may sound like a crazy idea to many of us, but the truth is that this will likely be one of the biggest political issues in the 2020 presidential election.  At this point, 40 percent of all Americans already “prefer socialism to capitalism”, and the concept of a “universal basic income” is starting to catch fire among grassroots Democrats.  Many liberals are convinced that the time has come to fight for the right to “a minimum standard of living”, and one study by a “left-leaning” group found that giving every adult in the country $1,000 each month would increase the size of the U.S. economy by more than 2 trillion dollars

Giving every adult in the United States a $1,000 cash handout per month would grow the economy by $2.5 trillion by 2025, according to a new study on universal basic income.

The report was released in August by the left-leaning Roosevelt Institute. Roosevelt research director Marshall Steinbaum, Michalis Nikiforos at Bard College’s Levy Institute, and Gennaro Zezza at the University of Cassino and Southern Lazio in Italy co-authored the study.

What an incredible idea, eh?

All we have to do is give out free stuff and the economy grows like magic.  And the study also discovered that the larger the universal basic income is, the more the economy would grow.

So why not make it $10,000 a month for everyone?

Well, it turns out that there is a catch.  According to the study, the economy only grows if the universal basic income is funded by deficit spending.  If we have to raise taxes to pay for it, there is no positive benefit to the economy at all

These estimates are based on a universal basic income paid for by increasing the federal deficit. As part of the study, the researchers also calculated the effect to the economy of paying for the cash handouts by increasing taxes. In that case, there would be no net benefit to the economy, the report finds.

Oh.

What a bummer.

Getting free stuff from the government always sounds like a great idea until you realize that we are going to end up paying for it one way or another.

Unfortunately, that little detail isn’t stopping potential Democratic presidential candidates such as Mark Zuckerberg from “exploring” the idea.  And actually, it is being reported that Hillary Clinton almost made a “universal basic income” part of her platform in 2016

In her new book “What Happened,” and in a recent subsequent interview with Vox Editor-in-Chief Ezra Klein, Clinton explains how she seriously considered including a version of universal basic income — a radical solution to poverty, currently being tested in cities and countries around the world — as one of her platforms in the 2016 US presidential election.

The platform would have been called “Alaska for America,” in homage to the state’s Permanent Dividend Fund. Every year since 1982, Alaskans have received a yearly check — typically ranging from $1,000 to $2,000 — as a kickback from the pot of money that has been set aside in case oil reserves dry up.

If the left is ever able to get this implemented, do you think that we will ever be able to take it away?

Over time, government just keeps getting bigger and bigger and so does our national debt.  In fact, we just hit a major milestone in that regard.  According to CNS News, we just surpassed the 20 trillion dollar mark for the first time ever…

The federal debt officially surpassed $20 trillion for the first time on Friday, as the debt subject to the legal limit set by Congress jumped $317,645,000,000 in one day–following President Donald Trump’s signing of a spending-and-debt-limit deal that will fund the government through Dec. 8.

If the left wants a “universal basic income”, they are going to have to get the money from somewhere.  Our budget deficit is already larger “than the entire GDP of Argentina”, and hard working Americans are already being taxed to death.

The truth is that the money simply isn’t there.  As it is, we need to dramatically cut back our borrowing because the path that we are currently on leads to national suicide.  Just consider the following numbers

Here’s the problem: the national debt is growing MUCH faster than the US economy. In Fiscal Year 2016, for example, the debt grew by 7.84%.

Yet even when including the ‘benefits’ of inflation, the US economy only grew by 2.4% over the same period.

This is not even close to the realm of being sustainable.  We are steamrolling toward an inevitable financial collapse, and yet most Americans don’t seem to care.

And thanks to our rapidly aging population, our entitlement spending is set to absolutely explode in coming years.  The following comes from David Stockman

The Federal spending machine is almost entirely on autopilot and heading for disaster owing to ballooning populations and debt. Ten years from now the combined cost of mandatory programs and debt service will reach $5.12 trillion compared to just $2.87 trillion during FY 2018.

Entitlement spending will be nearly double — even if Congress took a 10-year recess!

As shown below, that means the Federal spending share of GDP is now inexorably climbing toward 30% owing to baby boom retirements, even as revenue under current law is stuck at about 18% of GDP. The CBO’s latest projection of the widening fiscal gap — soon more than 10% of GDP annually — leaves nothing to the imagination.

There is no such thing as “free money”.  In the end, we all have to pay for any “free stuff” that the government gives out.

But the “free stuff army” is going to continue to demand more free stuff from the government, and the Democrats are going to be more than happy to give it to them.

To many of you this may sound like complete and utter insanity, but the truth is that the path that we are already on is completely insane as well.  If we don’t find a way to right the ship, it is just a matter of time before it goes under, and anyone that tries to tell you otherwise is not being straight with you.

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

Debt Nightmare: Does Anyone Actually Care That Our Exploding National Debt Is Destroying Our Future?

When will America finally wake up?  The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles.  We have willingly enslaved ourselves, our children and our grandchildren, and yet our addiction is so insatiable that we continue to add more than 100 million dollars to our debt load every single hour of every single day.  The national debt is sitting at a grand total of $20,162,176,797,904.13 at this moment, but now that the debt ceiling has been lifted that number is expected to shoot up very rapidly toward 21 trillion dollars by the end of the year.  The national debt had been held down by accounting tricks to keep it under the debt limit for many months, but every time this has happened before we have seen the national debt absolutely explode back to projected levels once the debt ceiling was raised.

But very few of our “leaders” in Washington seem to care that we are in the process of committing national suicide.  There is no possible way that we will be able to continue to be the most powerful economy on the planet if we continue down this road.  During Obama’s eight years in the White House, we added more than 9 trillion dollars to the national debt.  That certainly improved things in the short-term, because if we could go back and take 9 trillion dollars out of the economy over the past 8 years we would be in an absolutely nightmarish economic depression right now.

But even with all of this borrowing and spending, our economy has still only grown at an average rate of just 1.33 percent a year over the last 10 years.

And by going into so much debt, we are literally destroying the future for our children and our grandchildren.

What we are doing to them is beyond criminal, and people should be going to prison over this.  But instead we just keep rewarding these Congress critters by sending the same cast of characters back to Washington over and over again.

Are we insane?

The feds are now projecting that the official yearly budget deficit will reach 1.4 trillion dollars by 2027.  Of course federal projections always end up being far more optimistic than reality.

And we are already spending about 500 billion dollars a year just on interest on the national debt, and by 2027 that number is projected to jump to 760 billion dollars a year.

This is complete and utter insanity, and yet we just can’t control ourselves.  The government continues to throw around money as if there is no tomorrow, and our tax dollars are being wasted on some of the most ridiculous things imaginable.

For instance, the U.S. military is spending 42 million dollars each year on Viagra.

We must stop this madness, and we must stop it now.  I really like how an editorial in the Houston Chronicle made this point…

Tax-and-spend politics are bad, but borrow-and-spend is worse. While we have some control over whether our lawmakers raise taxes, our children and grandchildren don’t get a vote on whether we burden them with debt.

Over the long run, huge government debt takes cash out of the economy and drives up interest rates, slowing economic growth and hurting private enterprise.

To protect the U.S. economy, Republicans need to nip plans to eliminate the debt ceiling in the bud and then get to work balancing the federal budget.

Will we ever learn?

Since the beginning of our nation, many of our most prominent statesmen have been warning about the dangers of accumulating government debt.  For example, during his farewell address President George Washington instructed the country to “avoid … the accumulation of debt not only by shunning occasions of expense but by vigorous exertions to discharge the debts, no throwing upon posterity the burden which we ourselves ought to bear.”

And Thomas Jefferson famously said that he wished that he could have added one more amendment to the U.S. Constitution which would have banned government borrowing…

“I wish it were possible to obtain a single amendment to our constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of it’s constitution; I mean an additional article, taking from the federal government the power of borrowing.”

This is one of the primary reasons why we must abolish the Federal Reserve system.  The Federal Reserve was actually designed to create a government debt spiral from which we could never possibly escape.  That is why the size of our national debt has gotten more than 5000 times larger since 1913, and we are never going to permanently solve our national debt problem until we get rid of the Fed.

Most Americans don’t realize this, but the path that we are currently on is not sustainable by any definition.  Debt levels are growing much, much faster than GDP, and that is a recipe for disaster.  The following is an excerpt from one of my previous articles

We are living in the greatest debt bubble in the history of the world.  In 1980, total government and personal debt in the United States was just over the 3 trillion dollar mark, but today it has surpassed 41 trillion dollars.  That means that it has increased by almost 14 times since Ronald Reagan was first elected president.  I am searching for words to describe how completely and utterly insane this is, but I am coming up empty.  We are slowly but surely committing national suicide, and yet most Americans don’t even understand what is happening.

According to 720 Global, total government debt plus total personal debt in the United States was just over 3 trillion dollars in 1980.  That broke down to $38,552 per household, and that figure represented 79 percent of median household income at the time.

Today, total government debt plus total personal debt in the United States has blown past the 41 trillion dollar mark.  When you break that down, it comes to $329,961.34 per household, and that figure represents 584 percent of median household income.

Sadly, most people are entirely clueless about what we are doing to ourselves.  Investors are the most optimistic that they have been in years, and most of the talking heads on television seem to believe that the party can go on indefinitely.

But that is simply not possible.

And the same thing is true from a global perspective as well.  The following comes from Chris Martenson

First: our entire economic model, which dependent on borrowing at a faster rate than income (GDP) grows, is something that simply cannot be maintained at its current rate or level. Check.

Second: depleting species, soils and aquifers are all wildly unsustainable practices that are accelerating. Check.

Last (and most glaring of all): the world’s leadership (and we use that term very loosely) continues to insist on adhering to the indefensible idea that infinite growth on a finite planet is possible  Checkmate.

The clock is ticking, and disaster awaits at the end of this road.

Will somebody please do something?

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

Mainstream Media Viciously Attacks Republican Candidate For Congress For Suggesting ‘Category 6’ Should Be Created For Storms Like Irma

Somebody really needs to be fact checking the so-called “fact checkers”.  A few days ago, I published an article in which I stated that “some have suggested that we need to add a ‘category 6’ to describe the kind of ‘super storms’ that are now developing in the Atlantic”.  That article ended up going megaviral on Facebook, and there has been a tremendous backlash from the mainstream media.  By their reaction, you would have thought that I just committed some very serious form of blasphemy, but the truth is that scientists have been talking about adding a “category 6” for more than a decade.  Nothing that I said should have been controversial.  In fact, if this had come from a liberal source the mainstream media would probably be gushing about how this is more evidence for their “global warming” narrative.  But because I am a Republican and I am running for Congress, they had to attack me.

Over the past 24 hours, the Washington Post and dozens of other mainstream news sources have all run similar articles specifically attacking me for suggesting that a “category 6” should be created for storms such as Hurricane Irma.  Of course I never said that Hurricane Irma is a category 6 storm or that such a category was about to be established.  But what I did say is that the establishment of a “category 6” has been discussed for a long time, and that if you were to extrapolate the Saffir-Simpson scale, Hurricane Irma would potentially qualify as a category 6 storm.

The source that the Washington Post and other mainstream media sources are quoting in their hit pieces is Snopes.  Of course Snopes is well known to be a mouthpiece for the left, and just about everything on their site lines up with the progressive agenda of the radical left.  So it is no surprise that they would attack a Republican candidate for Congress

The idea that Irma is a Category 6 storm seems to have originated with a a blog post that implied that a new category, Category 6, would be created for Irma. While the post does not state this directly, its headline reads “Category 6? If Hurricane Irma Becomes The Strongest Hurricane In History, It Could Wipe Entire Cities Off The Map.” That story, written by end-time enthusiast and Republican candidate for Idaho’s first congressional district Michael Snyder, was first published on his blog “The Economic Collapse” before being aggregated by other clickbait websites.

As I noted above, the idea that we need to start looking at adding a “category 6” to the Saffir-Simpson scale is not controversial at all.  It has been discussed very widely for well over a decade, and if you do a search on Google you will find many, many articles.  The following are just three examples…

ABC News – May 21, 2006: There is no official Category 6 for hurricanes, but scientists say they’re pondering whether there should be as evidence mounts that hurricanes around the world have sharply worsened over the past 30 years — and all but a handful of hurricane experts now agree this worsening bears the fingerprints of man-made global warming.

In fact, say scientists, there have already been hurricanes strong enough to qualify as Category 6s. They’d define those as having sustained winds over 175 or 180 mph. A couple told me they’d measured close to 200 mph on a few occasions.

Weather.com – July 28, 2016: The results showed that three vulnerable areas of the world are at risk for a “high-end” Category 5 tropical cyclone by the end of the 21st century due to the Earth’s changing climate: Tampa, Florida; Cairns, Australia; and the Persian Gulf.

These potential Category 6 hurricanes may be up to 14 times more likely by 2100, according to the study.

Scientific American – August 23, 2011: Atmospheric researchers tend to agree that tropical cyclones of unusual ferocity are coming this century, but the strange fact is that there is no consensus to date on the five-point scale used to classify the power of these anticipated storms. In what may sound like a page from the script of the rock-band spoof Spinal Tap with its reference to a beyond-loud electric guitar amplifier volume 11, there is actually talk of adding a sixth level to the current Saffir-Simpson hurricane scale, on which category 5 intensity means sustained winds higher than 155 miles per hour (250 kilometers per hour) for at least one minute, with no speed cap.

Without a doubt, after this storm is over the academic community will again start having these sorts of debates, and the mainstream media will once again report on them.

And if a “category 6” is ever created, it is very likely that Hurricane Irma will fit that classification.  The following is from the article that I posted yesterday

I was criticized for suggesting that Irma could become so powerful that it could potentially be labeled a “category 6” storm if such a thing existed.  Well, now it has actually happened.  If you extrapolate the Saffir-Simpson scale, “category 6” would begin at 158 knots, which would be 181.8 miles per hour.  Since Irma has surpassed that mark, I believe that it is entirely reasonable if people want to refer to it as a “category 6” storm.

Hurricane Irma is not just another storm, and it would be useful to have a special designation for a storm that is so extraordinarily dangerous.  Wherever it makes landfall, it is going to wipe out virtually everything in its path

Irma strengthened to a Category 5 hurricane Tuesday with winds up to 185 mph. The storm is most powerful ever recorded in the Atlantic Ocean. It’s so strong it is even showing up on scales for measuring earthquakes.

“No way to sugarcoat it. Irma is the type of tropical cyclone that wipes everything, including all vegetation, clean from small islands,” wrote Anthony Sagliani, the Meteorological Operations Manager at weather data firm Earth Networks.

And the National Hurricane Center is specifically warning that “a high percentage of framed homes will be destroyed” by a storm of this magnitude.

The National Hurricane Center reports dryly that when a Category 5 hurricane hits land, “a high percentage of framed homes will be destroyed,” adding power could be lost in some areas for “weeks and possibly months.”

So I stand by everything that I have written, and I demand a retraction and an apology from every mainstream news outlet that has slandered me.

Just because I am a Republican candidate for Congress does not mean that you can write things that are untrue.  At one time the mainstream media at least attempted to be objective, and there is a reason so many are now referring to them as “the fake news”.

It amazes me what passes for “journalism” these days.  These jackals jump on anything that even smells like it could be a “scandal” for a Republican, and they seem to have no regard for the truth whatsoever.

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

Please Help Michael Snyder Become Donald Trump’s Best Friend In Congress #MAGA

Can you name Donald Trump’s best friend in Congress?  I was thinking about this question the other day, and I couldn’t come up with a single name.  Since nobody else seems very eager to take on that mantle, I will be more than happy to claim it.  If I get elected to Congress, I will call for the witch hunts against Trump and his administration to be immediately shut down, I will publicly defend the president every chance that I get, and I will do all that I can to advance the Make America Great Again agenda.  I believe in the values and the principles that Trump campaigned on, and there is a reason why they resonated so strongly with the American people.  Trump openly defied the globalists in both major political parties, and even though all of the “experts” said that he didn’t have a prayer of winning, he was able to pull off the biggest miracle in American political history.  Now we need to get Trump some friends in Congress, and if you would like to help me become Donald Trump’s best friend in Congress you can contribute to the campaign right here

https://secure.anedot.com/michaelsnyderforcongress/donate

If you would like to send a check instead, just make it out to “Michael Snyder For Congress” and send it to the following address…

Michael Snyder
PO Box 1136
Bonners Ferry, Idaho 83805

Have you ever been around an organization or a business that is growing too fast?  That is the biggest problem facing our campaign at the moment.  Over the past 10 days we have had some of the most influential people in Idaho politics get behind our campaign.  We have created a massive amount of buzz throughout the entire district, we have more social media followers than all of the other candidates combined on every major platform, and we are beating the other candidates in the race to the punch in just about every area that you can possibly imagine.

Just about everything that needs to happen in order for me to win this race is happening.  But the problem is that this campaign is becoming so big so quickly that we are outstripping our limited resources.  I have been so busy traveling, interviewing and working the phones that I haven’t spent enough time fundraising.  As a result, we are running low on “fuel” at the exact time when we have an opportunity to really start soaring.

Our first FEC quarterly deadline is coming up at the end of this month, and we really need your help.  The only way we have been able to come so far in such a short period of time is because of the generous donations of hundreds of donors, and now I am hoping that you will help us go to the next level.  The donation limit for an individual for each campaign cycle is $2700, and if you think that you may want to become a “max donor” I would love to chat with you.  Please feel free to reach out to me at my campaign email address…

michael @ michaelsnyderforcongress.com

All across the country we need to be supporting pro-Trump conservatives for Congress.  So many are looking ahead to the November 2018 midterm elections, but the truth is that the real battles will be next spring.  If pro-Trump candidates don’t win in the primaries, we won’t even have pro-Trump options to vote for the following November.

In the vast majority of cases, pro-Trump candidates will be attempting to unseat anti-Trump establishment Republican incumbents in the primaries.

But in my case, there is no incumbent.

There is no incumbent in Idaho’s first congressional district because Raul Labrador has decided to run for governor.

So the race is totally wide open, and we have a golden opportunity to fill this seat with a very strong pro-Trump conservative.  These sorts of opportunities don’t come along every day, and I can’t do it without you.  But if every one of my readers were to donate just $20 today, I could stop fundraising tomorrow because we would have more than enough funding to win.

Since I am running on a pro-Trump, anti-establishment platform, the wealthy donors and the big organizations aren’t going to get behind me.  So we are “crowdfunding” our campaign, and it is going to take a grassroots effort.

If we do nothing, we are just going to get more of the same.  According to Real Clear Politics, Congress has an average approval rating of just 15.5 percent at the moment.  I don’t know about you, but I am more than ready to start “flushing the toilet”.  We are trying to recruit pro-Trump people to run for offices all over the nation, and as they step forward it is absolutely imperative that we support them.

This truly is a movement, and if I end up in Washington I plan to quickly become one of the leaders of the “pro-Trump wing” of the Republicans in Congress.  My hope is to do all that I can to help pro-Trump candidates win races all over the nation, and as that happens I believe that we can start pointing this nation in a more positive direction.

As you can see from my campaign platform, I truly believe in the Make America Great Again agenda.  If you supported Trump, I would like to ask for your support as well.  Doors continue to open one after another here in Idaho, and if you all will get us the “fuel” that we need, I have no doubt that we will win this race.

We are stretching every single dollar as far as we possibly can, and we will continue to do so.  Thanks to you all, campaign materials are being deployed, events are being set up and our extremely strong conservative message is getting out to people all over the district.  But in order to keep moving the ball forward, we need your help to put more “fuel” in the tank.  If you would like to donate online, you can do so right here

https://secure.anedot.com/michaelsnyderforcongress/donate

Or if you would like to send a check by mail, make it out to “Michael Snyder For Congress” and send it to the following address…

Michael Snyder
PO Box 1136
Bonners Ferry, Idaho 83805

As this campaign continues to gain momentum, there will be resistance from Antifa, Indivisible and other radical leftist groups up here in Idaho.

But I don’t care.  I am proud to be an extremely strong conservative, and I am proud to want to be Donald Trump’s best friend in Congress.

That is my stand, and I’m not moving.

Michael Snyder

A Letter From Michael In Boise

Hello from Boise, Idaho!  The reason why I have not been posting new articles lately is because I have been on the road.  I have been in Boise since Monday, and absolutely amazing things have been happening for the campaign.  I spent most of Tuesday and most of Wednesday at the Republican booth at the Western Idaho Fair.  I shook a lot of hands and passed out a ton of brochures.  Thanks to you guys, we have the best looking and highest quality campaign material of anyone running for any political office in the state of Idaho.  And we also have a source that can print brochures for much cheaper than anyone else is getting them.  We are stretching every single campaign dollar as far as it will possibly go, and if you would like to contribute to the effort you can do so right here.

On both Thursday and Friday, we had a series of terrific meetings with some of the most politically influential people in the entire state.  Thanks to our relentless promotion on social media, we have created an enormous amount of buzz all over the district.  Many of these highly influential people were not familiar with my work before, but because of the efforts of our team people everywhere have been talking about this campaign.

At this point, we have had more campaign website traffic than all of the other candidates combined, more Facebook page likes than all of the other candidates combined, more Twitter followers than all of the other candidates combined, more Instagram followers than all of the other candidates combined, and more YouTube views than all of the other candidates combined.

On Friday, we did a video to help Sara Walton Brady of Health Freedom Idaho get the word out about what happened when she tried to enroll her five-year-old in kindergarten.  If you have not seen the video yet, you can view it right here.

The copy of this video on YouTube that I am sharing has less than a hundred views so far, but the copy that we uploaded to Facebook already has nearly three thousand views.

As a member of Congress, these are the kinds of battles that I am going to be constantly fighting.  If you believe in what I am trying to do, I would like to ask for your support.

Our first FEC quarterly deadline is coming up at the end of September, and people all over the state are going to be looking very carefully at how our fundraising is going.  If we are doing well when the report comes out, that is going to encourage even more individuals and organizations to donate.  Perception plays such a huge role in politics, and that is why your help is so critical right now.  If you would like to help us have a fantastic first quarterly report, you can do so by donating right here.

I am the most conservative candidate in this campaign by a wide margin, and everywhere we go we are winning people over with my extremely strong pro-liberty message.  If we can effectively get my message to everyone living in this district, I will win.

Raul Labrador holds this seat right now, but he is not running again because he is running for governor instead.  So it is absolutely imperative that we fill this seat in Congress with an extremely strong pro-Trump conservative, and I am the most conservative candidate in this race.  Those of you that have been following my work for years know my heart, but in order to win we have got to get my message out to those that aren’t familiar with me.

Compared to the rest of the country, it doesn’t take a ton of money to win races up here.  But if we aren’t at least on the same playing field as the other candidates, they could simply beat me by dramatically outspending me.  Last quarter, before I was in the race, attorney Dave Leroy raised the most money.  He had less than 100 donors, but because he had people writing large checks, he was able to raise quite a bit.

This quarter, I have already had far more donors than he did all of last quarter, but because this is a grassroots effort a lot of people have been donating small amounts.  So it is going to take a whole lot of smaller donations to keep up with the $1000 and $2000 checks that he has been receiving.

Thankfully I have far more name recognition than Dave Leroy has, and if we are at least on the same playing field when it comes to fundraising he isn’t going to have a chance.  I need your help, and if you would like to contribute you can give online on this page.

We don’t need any more politicians.  What we need are fighters that are going to fight like mad for the things that we believe in.

If you aren’t aware of where I stand, I would encourage you to check out my issues page and the 16 core principles that I set out in a previous article.  If you believe in the same things, I would encourage you to get behind my campaign like so many others all over the country are already doing.

Freedom is never free, and if we don’t stand up for what we believe, the left is going to walk all over us.

Our constitutional rights are being continually eroded, and the monstrously bloated federal government that we have today looks nothing like the extremely limited federal government that our founders originally intended.

The larger government becomes, the more tyrannical it tends to be.  Communism, fascism and socialism are all big government ideologies.  Yes, we are always going to need some government because otherwise we would have anarchy.  But like many others have said, I want a government so small that I can barely see it.

Please help me win this election, and please help me restore true conservative values to Washington.

I am definitely enjoying my time in Boise, and I will continue to travel throughout the district to spread the message of liberty.  Thank you so much for your support, and I will chat with you again soon.

Michael Snyder

Why Does The Left Hate Us So Much?

Have you ever asked yourself this question? Ever since I decided to run for Congress, I have spent quite a bit of time thinking about how divided our nation is.  Donald Trump has become the most hated person in America, earlier this year a gunman tried to kill as many Republican members of Congress as possible at a baseball field in Virginia, and the mainstream media is fueling more hatred for conservatives on a daily basis.  I think that I was more than a bit naive in thinking that I wouldn’t be caught up in all of this when I decided to run for public office.  It has only been about a month, and so far I have been slandered repeatedly, my wife and daughter have been called all sorts of names, and even our faith has been attacked.  I have never seen the left so energized in my entire lifetime, but meanwhile those of us that are trying to move the United States in a more conservative direction are facing an uphill battle when it comes to raising funds.  If you believe that people like me should be running for Congress, I hope that you will support my campaign financially.  Since there is no incumbent running in my district, the race is completely wide open, and if I raise enough money I will win because I have the strongest message by a very wide margin.

So far we have created a tremendous amount of buzz all over the district.  On Friday I was down in Coeur d’Alene, and there are some wonderful conservative people down there that are super excited that I am running.  Everywhere we go we are finding that voters are resonating with my extremely conservative message, and if I have enough resources to get this message to every voter in the district, there is no way that I should lose this race.

But of course not everybody is pleased by all the buzz I am creating.

If I win this election, I am very rapidly going to become one of the most hated members of Congress in the entire country.  And the reason why I will be hated so much is because I will be what the left fears the most – a conservative with a backbone.

In the end, this is not a battle about tax rates, the size of government or how to fix our economy.  All of those are very important issues, but at the core this is a fight for the soul of our nation.

Over the past 100 years, we have seen big government leftists take power all over the world.  The “progressives” of today are driven by the same philosophies and are using the same tactics as the communists of the USSR, the brownshirts of Nazi Germany (Nazi: National Socialists), and the Maoists of Red China.  At this moment the “progressives” dominate most of the political systems on the entire planet, and they would love to fully take control of the United States as well, but there are enough of us that still love liberty and freedom to stand in their way.

In leftist societies, big government rapidly becomes the centerpiece of society.  And that is one reason why so many of these big government systems are so godless, because government essentially takes the place of God over time.

Two diametrically opposed worldviews are clashing in our country right now, and eventually one of those worldviews will be vanquished by the other.

For those of us that still believe in life, liberty and the pursuit of happiness, the “progressives” of today are an existential threat.  If the left gets enough power, they will criminalize what we believe by making it “hate speech”.  Sadly, this is already starting to happen in local communities all over America.  And online, a number of social media companies have been making a renewed effort to censor conservative voices in the aftermath of Donald Trump’s surprise election victory last November.  They see how powerful the alternative media has become and they want to shut us up.

Unfortunately, I am seeing a lot of apathy among conservatives right now.  They seem to think that the battle is over because we got Donald Trump into the White House.  What they don’t understand is that the battle is just beginning.  We need people to stand up and fight like never before, and this is something that I talk about in my brand new book entitled “Living A Life That Really Matters”.  If America does not change direction immediately, there isn’t going to be an America.

And actually that is going to be one of my major themes when I speak at Pastor Benjamin Faircloth’s church in Lavonia, Georgia later in August.  The “What’s Next Prophecy Conference” will be held on Saturday, August 19th and Sunday, August 20th, and it will also be available online for those that are not able to make it in person…

If you live anywhere near Lavonia, I hope that you will come and join us.  This is going to be one of my very few opportunities to travel out of state in the near future, because I am going to be spending almost all of my time traveling all over Idaho for my campaign.

You know, I have actually been criticized by certain Christians for moving into the world of politics.  They seem to believe that “ministry” can only be done in a “church”, and that therefore trying to take my message to a national platform in Washington D.C. must be a “mistake”.

But all I can tell them is that I must do what I feel like God is leading me to do.  And thankfully so many others out there have rallied to my cause and have donated to my campaign.  So far, the leading fundraiser in this race is an attorney from the Boise area named Dave Leroy, and in just four weeks I have already had far more donors than he did during the entire second quarter.  But because he is getting those big $1000 and $2000 checks and I am raising money $10 and $20 at a time, I have a gap to make up.

If you believe in what I am trying to do, I would like to ask for your help.  I am the most conservative candidate in this race by a very wide margin, and it is absolutely imperative that we fill this open seat with a very strong conservative that will relentlessly fight for liberty and freedom.

Most people don’t understand that you do not just vote at the ballot box.  The truth is that you also vote when you decide who to support financially.  So many Americans wouldn’t think twice about spending 20 bucks at a fast food place, but they will never even consider contributing that much toward the fight for the future of our nation.

Every generation of Americans has had to fight for liberty and freedom, and now it is our turn.  My family is putting so much on the line in this race, but there is no possible way that we will be successful without your help.  If you would like to contribute to this fight, you can do so right here or by using a contribution form on my website.  Thank you so much for standing with me, and if we all work together I believe that we will be able to accomplish truly great things…

Would You Like To Steal 128 Million Dollars?

What would you do with 128 million dollars?  Many people like to daydream about winning the lottery, and I have to admit that when I was much younger I would do the same thing.  If you were suddenly financially set for life, you could quit your job, buy your dream home, travel the world and spend your days doing whatever you felt like doing.  We only get one trip through this crazy journey called life, and an enormous mountain of cash could make the journey a whole lot nicer.  So if you could steal 128 million dollars and be absolutely certain that you could get away with it, would you do it?

You would probably be surprised at how many people out there would answer that question affirmatively.  Money is a very powerful motivator, and if the fear of getting caught was out of the equation a lot of people out there would certainly be willing to “bend the rules” for a cool 128 million dollars.

But let’s turn this around for a moment.

What if someone stole 128 million dollars from you?

How would you feel about that?

Every crime has a victim, and losing that amount of money would be unimaginable.

Perhaps you think that this scenario is way too outlandish to even be considering.  After all, who in the world could steal 128 million dollars from someone and get away with it?

Well, what if I told you that this has been happening every day?

And what if I told you that this has actually been happening every single hour of every single day for many years?

When Barack Obama entered the White House, the U.S. national debt was just over 10.6 trillion dollars, and when he left the White House 8 years later it was sitting just shy of 20 trillion dollars.

So during those 8 years more than 9 trillion dollars was added to the national debt.  But for purposes of this example we will round down to an even 9 trillion dollars.

When you divide 9 trillion dollars by 8, you get an average of 1.125 trillion dollars that was added to the national debt per year during the Obama era.

Dividing that figure by 365, you find that an average of $3,082,191,780 was added to the national debt every single day during the Obama administration.

And since there are 24 hours in a day, that means that an average of $128,424,657 was stolen from our children and our grandchildren every single hour of every single day while Barack Obama was president.

When you borrow and spend 128 million dollars that you do not have every single hour of every single day, of course that is going to have a huge impact on the economy.  I am often asked why we are not in a horrendous economic depression yet, and this is one of the biggest reasons.  If we were to go back and take 9 trillion dollars of government spending out of the economy over the last eight years, we would be in the worst depression in American history right now.

But even with all of this added debt, the U.S. economy has still only grown at an average yearly rate of just 1.33 percent over the past 10 years, and that is absolutely terrible.

Our leaders in D.C. were able to prop things up in the short-term by going on the greatest debt binge in U.S. history, but of course they have also made our long-term financial problems much, much worse in the process.

Many people don’t realize this, but the growth of the national debt was actually accelerating as the Obama era drew to a close.  In fact, we added more than 1.4 trillion dollars to the debt during fiscal year 2016.

Once upon a time a lot of people out there would get really upset about the growth of our debt, but these days most Americans seem to have accepted that this is how we do things.  This fiscal liberals seem to have won, and our nation is steamrolling down a road toward financial oblivion.

When you point out the economic disasters in Greece, Italy, Cyprus, Venezuela and Zimbabwe, it doesn’t seem to register with most Americans that our country is on the exact same path.

By borrowing money, you can live way above your means for a while, but eventually you have to pay a price for being so reckless.  This has been true all throughout human history, and it will be true in our case as well.

In a letter to John Taylor on November 26th, 1798, Thomas Jefferson explained that he wished that he could have added one more amendment to the U.S. Constitution…

I wish it were possible to obtain a single amendment to our constitution; I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of it’s constitution; I mean an additional article taking from the federal government the power of borrowing.

Jefferson wrote extensively about how government debt is a way for one generation to steal money from another generation.

And what we are doing to our children and our grandchildren is absolutely inexcusable.

The term “child abuse” is not nearly strong enough to describe what is taking place, and I don’t know why more people are not seething with anger over what is being done to them.  I am going to do whatever I can to stop this madness, and I hope that you will help me.

Have you ever run up a lot of credit card debt?  If you really wanted to, you could go out today and start living like a millionaire by running up huge credit card balances.  But eventually a day of reckoning would arrive, and you would get to a point where your debts were no longer sustainable.

It is the same thing on a national level.  We have been living way beyond our means for quite a while, but we have been stealing from future generations in order to do it.

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

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