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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.

Washington D.C. Is Essentially Just A Gigantic Money Machine

If you have ever wondered why our leaders in Washington D.C. seem to act so strangely, the truth is that it almost always comes down to just one thing.  It has been said that “money makes the world go round”, and that is definitely true in Washington.  This year the federal government will spend more than 4 trillion dollars, and that represents well over one-fifth of our national GDP.  With so much money coming in and so much money going out, the stakes are incredibly high, and that is why so much money is poured into political campaigns on the national level.

And it shouldn’t surprise anyone that those that live the closest to this gigantic money machine have benefited greatly.  Forbes just released their brand new rankings for 2017, and they found that five out of the top 10 wealthiest counties in the entire country are suburbs of Washington D.C.

Virginia’s Loudoun County holds the title of the nation’s richest county with a median household income of $125,900. While nearly 10,000 residents commute to the District, according to Forbes, about 11,700 businesses employ 161,000 county residents, with Dulles International Airport, Loudoun County Public Schools and the Department of Homeland Security leading that charge.

The nearby city of Falls Church, Fairfax and Arlington counties in Virginia and Howard County in Maryland also lead the nation based on wealth.

In general, salaries for federal workers are significantly higher than in the private sector, and benefit packages are usually much better.

But in addition to having a very high concentration of federal workers, the D.C. area is also home to hordes of lawyers, lobbyists, defense contractors and other government vendors.  Big government means big business for those guys, and business has been very good in recent years…

The federal government has a lot to do with this: The Capitol and the economy orbiting around it (including lawyers, defense contractors, computer engineers along the Dulles Corridor, and doctors near NIH) attract college graduates who reliably contribute to six-figure households. Crucially, there was a $1.7 billion increase in lobbying between 1998 and 2010, as Dylan Matthews explained. With each $1 million of lobbying “associated with a $3.70 increase in the D.C. wage premium,” the money pouring into Washington wound up in the pockets of its residents.

This certainly isn’t the limited government that our founders intended.

So where did we go wrong?

One of the big turning points came in 1913.  That is the year when the Federal Reserve and the modern version of the income tax were established.  The Federal Reserve was designed by the elite to get the federal government very deeply into debt, and an income tax was needed to help service that debt and to help pay for the much larger government that the progressives were wanting.

Back then, D.C. was nothing like it is today.  In fact, even in the 1970s there were still large farms inside the Beltway.  But the federal government just kept getting bigger and bigger and bigger, and now it is a four trillion dollar monstrosity.

What I believe we should do is to dismantle as much of that monstrosity as we possibly can.  Instead of asking which government agencies we should close, I believe that we should be asking which government agencies we really need to leave open.

A great place to start would be by abolishing the Federal Reserve, the IRS and the income tax.  Those institutions are at the very core of the Washington money machine, and so it would essentially be like tearing the heart out of big government.

And don’t worry, the federal government would still have plenty of money coming in.  The individual income tax only accounts for about 46 percent of all federal revenue, and theoretically we could still have an absolutely enormous federal government without an income tax.  I once wrote an article that listed 97 different ways that various levels of government get money out of us each year, and so getting rid of the federal income tax would still leave 96 ways for the politicians to extract money from us.

As I remind my readers so frequently, the greatest period of economic growth in U.S. history was when there was no income tax and no central bank.  But I know that a lot of people out there love the 1.33 percent average yearly GDP growth rate that we have been experiencing over the past decade and would have a really hard time giving that up.

Unfortunately, it would actually be a very tough transition to a much more limited federal government because so much of our society is geared around the enormous money machine in Washington.  In 2018, more than a billion dollars will be spent on the mid-term elections, and most of that money will be going to incumbents that are committed to maintaining the status quo.

If we ever want things to really start changing in Washington, we have got to start sending people there that haven’t been bought off by the big money interests.

In my congressional district there is no incumbent running in 2018, and nobody else in the race is nearly as conservative as I am.  But since I can’t be bought by the special interests, I am going to have to rely on grassroots support.

Donald Trump showed us that anything is possible in American politics.  When Jeb Bush decided to run for president, he had an extremely long list of endorsements and a hundred million dollars behind him, and he still got trounced by Trump because Trump had a much stronger message.

If we stand united, we can take our government back and there won’t be anything that the establishment will be able to do about it.

But if we sit back and do nothing, the cesspool of corruption in Washington D.C. will just continue to get deeper and deeper.

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.

Michael Snyder’s New Book Entitled ‘Living A Life That Really Matters’ Has Just Been Released

Have you ever reached a point in life where things have gotten so bad that it seems impossible to ever turn things around?  In my new book entitled “Living A Life That Really Matters”, I begin by sharing such a point in my own life about 20 years ago.  If someone would have told me at the time what my life would be like today, I would have laughed at them.  But God took the broken pieces of my life and turned them into a beautiful thing, and He can do the exact same thing for anyone else.

This is the most personal book that I have written, and it is quite a departure from my normal work.  If you follow my work on a regular basis, than you know that I like to write about politics, economics and the hard issues of our day in a way that the average person on the street can understand.  And I heavily document the points I make with facts, figures and statistics, and there are still lots of facts, figures and statistics in my new book.

But in this new book I hope to inspire people to reach for something more.  Instead of focusing so much on the problems, this book is absolutely packed with solutions.  In many ways, it is patterned after the Book of Proverbs.  There are literally hundreds of secrets that I have learned over the course of my 47 years embedded throughout the chapters of this book, and I wish that someone had shared all of these secrets with me when I was a young man.

So it is not a book that you will want to speed through.  There are literally life changing truths on every single page, and you may find yourself going back over some portions of the book time and time again.

This book is not written on a theoretical level.  I know that the secrets contained in this book work, because they have absolutely revolutionized my life.  But of course I didn’t invent these secrets.  Ultimately, every bit of wisdom that any of us have been given comes from the One that created us all.  Without God nothing is possible, but with Him all things are possible.

As I was writing this book, I often struggled to find the words to describe what it was about.  Sometimes my wife would even look at me with a puzzled look when I tried to explain it to her.  It is not a “self-help book” that will help you to become wealthy, famous or successful.  Neither is it an “inspirational” book that will give you warm fuzzies.  Rather, it is a book that is absolutely packed with life lessons that nobody else seems to want to talk about.  The following is the description of the book that is on Amazon

Deep inside all of us is a yearning to live a life that is filled with meaning and purpose. We all want to feel good about our lives, and we all want something to look forward to when we get out of bed in the morning. As little children we were filled with hopes and dreams for the future, but for so many of us those dreams have long since faded. Instead, many of us drag ourselves through life feeling down, depressed and defeated. In this book Michael Snyder is going to share with you what he has learned about living an overflowing life. We were designed to love, to laugh, to discover, to create and to live lives that are filled with passion. Unfortunately, so many of us have bought into lies that have enabled the enemy to steal all of that from us. No matter how bad things may seem right now, God can take the broken pieces of your life and turn them into a beautiful thing. But you have got to be willing to break your old patterns and start doing things that will produce good fruit in your life. This book will help you to do that.

In order for our lives to function the way that they should, God must be at the center of our lives.  And He has given us instructions for how we are to live, but most of the population is completely disregarding those instructions.

Following His instructions will lead to life, love, blessing and peace, but so many people have been living another way for so long that they don’t even know that such a life is possible.

This book is going to be extremely controversial, and it is going to deeply challenge you as you read it.  But for those that embrace what I am sharing, it will be a completely life-changing experience.  In fact, I believe that this book is going to change more lives than anything else I have ever written.

After you have read the book, I hope that many of you will write to me and share how it has affected you.  Writing this book was an emotional experience for me, and I believe that it will help a lot of you wrestle with things that you have been dealing with for a very long time.

Near the end of the book I also share about why I am running for Congress, although in the future I hope to do an entire book about why we desperately need to try to get this nation to change course.

But this book is primarily about matters of the heart.  Most people I encounter in life are not living victorious lives.  Instead, most people out there seem to have had the life completely sucked out of them by all of the pain, heartache and trials that they have been through.

It doesn’t have to be that way.

You can live an overflowing life, and the greatest chapters of your life can still be ahead of you.

But if you keep falling into the same patterns that you have been following all along, you will keep getting the exact same results.

God has a better plan for you, and it starts with doing things His way.

So I very, very much encourage you to get my new book and to read it all the way through.  If you embrace what I share in this book and apply these principles to your own life, they will turn your life completely upside down.

Now that the book is finally out, you can find it in paperback and for the Kindle on Amazon.com.  It will also be available from many other online retailers, but if you want to get it right away Amazon will be the place to go.

No matter what you have been through, God still has a plan for you.  And if He can turn my life completely around and use me to touch millions of people all over the world, then He can do it for anyone.

Thank you again for being such faithful readers.  Without all of you, I wouldn’t be able to do what I do, and I can’t wait to hear what you all think of this new book…

3 Examples That Show How Common Core Is Destroying Math Education In America

Whenever you let federal bureaucrats get their hands on anything they are probably going to ruin it.  During the Obama administration, the Department of Education spearheaded a transformation of American education that was absolutely breathtaking.  Over a period of about five years, Common Core standards were implemented in almost every state in the entire nation.  Unfortunately, this has resulted in a huge step backward for public education in this country.  Common Core has been called “state-sponsored child abuse”, and it is a big reason why U.S. students are scoring so poorly on standardized tests compared to much of the rest of the world.

According to Wikipedia, at one point 46 states had adopted Common Core, but now some states are having second thoughts…

46 states initially adopted the Common Core State Standards, although implementation has not been uniform. At least 12 states have introduced legislation to repeal the standards outright,[1] and Indiana has since withdrawn from the standards.

Sadly, many parents don’t even understand how dramatically our system of education has been tampered with.  In her book entitled The Education Invasion: How Common Core Fights Parents for Control of American Kids, Joy Pullmann exposes how the Gates Foundation has been one of the key players in the effort to get Common Core introduced into classrooms all over America…

Organized in seven chapters, her book describes how the Gates Foundation promoted and continues to promote one extremely wealthy couple’s uninformed, unsupported, and unsupportable ideas on education for other people’s children while their own children are enrolled in a non-Common Cored private school. It explains how (but not exactly why) the Gates Foundation helped to centralize control of public education in the U.S. Department of Education. It also explains why parents, teachers, local school boards, and state legislators were the last to learn how the public schools their local and state taxes supported had been nationalized without Congressional knowledge or permission; and why they were expected to believe that their local public schools were now accountable for what and how they teach … not to the local and state taxpayers who fund them or to locally-elected school boards that by law are still supposed to set education policies not already determined by their state legislature … but to a distant bureaucracy in exchange for money to their state department of education to close “achievement gaps” between unspecified groups.

But this isn’t just an issue about control.  The truth is that the approach to teaching basic fundamentals such as how to add and how to subtract is fundamentally different under Common Core.

Let me share just three examples that show how much Common Core is changing the way that U.S. students learn math.  All of these examples have been floating around Facebook, and if you have never seen these before they are likely to make you quite angry.

If I asked you to subtract 12 from 32, how would you do it?  Well, the “new way” is much, much more complicated than how we were all taught to do it…

If that first one seemed bizarre to you, than you really aren’t going to like this one…

And this last one was so confusing that a parent with a degree in engineering decided to include his own commentary on his child’s homework…

How are kids supposed to function in the real world if this is how they are learning to do basic math?

Personally, I am going to teach my daughter that 9 + 6 equals 15.  But that isn’t how it is supposed to be done under Common Core.  You can watch a video of a teacher explaining the very convoluted Common Core way to solve that math equation right here.

And of course it isn’t just math that is the problem.  Common Core is systematically “dumbing down” our young people, and that may help to explain why the average U.S. college freshman now reads at a seventh grade level.

So what is the answer?

The first step in fixing our education system is to repeal Common Core.  But even in red states such as Idaho there is a lot of resistance

Since their inception, the Idaho Core Standards have been enmeshed in controversy.

Some legislators and citizens have pushed for a repeal of the Idaho Core Standards, the state’s version of Common Core standards in math and English language arts. Those repeal efforts have gone nowhere in the Legislature.

I don’t know what is wrong with our legislators.  The Republicans have full control in this state, and so there is absolutely no excuse for not getting something done.

As I end this article, I want to give you an idea of just how far the quality of education in America has fallen over the past 100 years.  In Kentucky, an eighth grade exam from 1912 made a lot of headlines when it was donated to the Bullitt County History Museum.  As you can see, it is doubtful whether many of our college students would be able to pass such an exam today…

Is This The Generation That Is Going To Financially Destroy America?

Did you know that the federal government is going to spend more than 4 trillion dollars this year?  To put that into perspective, U.S. GDP for the entire year of 2017 is going to be somewhere between 18 and 19 trillion dollars.  So when you are talking about 4 trillion dollars you are talking about a huge chunk of our economy.  But of course the federal government doesn’t bring in 4 trillion dollars a year.  At the beginning of Barack Obama’s first term, we were 10.6 trillion dollars in debt, and now we are nearly 20 trillion dollars in debt.  That means that we have been adding more than a trillion dollars a year to the national debt.  When you break that down, that means that we have essentially been stealing more than a hundred million dollars from future generations of Americans every single hour of every single day to pay for our debt-fueled lifestyle.  Even Federal Reserve Chair Janet Yellen is warning that this is not sustainable, and yet we just keep on doing it.

Nobody can pretend that what we have today is the kind of limited federal government that our founders intended.  When federal spending accounts for more than 20 percent of GDP, it is hard to argue that we haven’t moved very far down the road toward socialism.  As I mentioned above, total federal spending will surpass 4 trillion dollars for the first time ever in 2017…

Both the Congressional Budget Office and the White House Office of Management and Budget project that federal spending will top $4 trillion for the first time in fiscal 2017, which began on Oct. 1, 2016 and will end on Sept. 30.

In its “Update to the Budget and Economic Outlook: 2017 to 2027” published last week, CBO projected that total federal spending in fiscal 2017 will hit $4,008,000,000,000.

I was recently asked how we are going to pay for a 4 trillion dollar government if we abolish the income tax like I am proposing.

Well, the truth is that we would have to dramatically reduce the size and scope of the federal government.  Our founders always intended for the individual state governments to be much stronger than they are right now, and it is time for us to restore that constitutional balance.

Something desperately needs to be done, because we have a federal government that is completely and totally out of control.  Even the Congressional Budget Office agrees that we are headed toward absolute disaster if our leaders in Washington don’t start displaying some fiscal responsibility…

A large and continuously growing federal debt would increase the chance of a fiscal crisis in the United States. Specifically, investors might become less willing to finance federal borrowing unless they were compensated with high returns. If so, interest rates on federal debt would rise abruptly, dramatically increasing the cost of government borrowing. That increase would reduce the market value of outstanding government securities, and investors could lose money. The resulting losses for mutual funds, pension funds, insurance companies, banks, and other holders of government debt might be large enough to cause some financial institutions to fail, creating a fiscal crisis. An additional result would be a higher cost for private-sector borrowing because uncertainty about the government’s responses could reduce confidence in the viability of private-sector enterprises.

It is impossible for anyone to accurately predict whether or when such a fiscal crisis might occur in the United States. In particular, the debt-to-GDP ratio has no identifiable tipping point to indicate that a crisis is likely or imminent. All else being equal, however, the larger a government’s debt, the greater the risk of a fiscal crisis.

The likelihood of such a crisis also depends on conditions in the economy. If investors expect continued growth, they are generally less concerned about the government’s debt burden. Conversely, substantial debt can reinforce more generalized concern about an economy. Thus, fiscal crises around the world often have begun during recessions and, in turn, have exacerbated them.

I get so frustrated with Republicans in Congress, because they are supposed to be watching out for us.

During the 2010 elections, one of the biggest mid-term landslides of all time gave Republicans control of the House of Representatives and they have had it ever since.  One of the pillars of the “Tea Party revolution” was fiscal responsibility, but the national debt has just continued to explode.

When the Republicans took control of the House in early 2011, we were about 14 trillion dollars in debt, and now we are nearly 20 trillion dollars in debt.

We have been betrayed, and those that have done this to us need to be held accountable.

Of course the big reason why our politicians never want to control spending is because they know what it will do to our economy.

During the Obama years, we spent more than 9 trillion dollars that we didn’t have.  If we could somehow go back and take 9 trillion dollars out of the economy over those 8 years, we would be in the worst depression in U.S. history right now.

Nobody in Washington wants to be responsible for plunging us into an economic depression, and so they just keep stealing from the future in order to prop things up in the short-term.

And a similar thing could be said about central bank intervention.  If the Federal Reserve and other global central banks had not pumped trillions upon trillions of dollars into the financial system over the past 8 years, we would be in the midst of a horrific economic nightmare right now.

But now all of that “hot money” has created epic financial bubbles all over the planet, and when they finally burst the ensuing crisis will be far, far worse than if they had never intervened in the first place.

Global central banks now have more than 20 trillion dollars in assets on their balance sheets and the world is more than 217 trillion dollars in debt.  The desperate measures that national governments and central banks have been taking have delayed the coming crisis, but they have also guaranteed that it will be far worse than it could have otherwise been.

The stage is set for the worst financial crisis in world history, and the only way that it can continue to be delayed is for our leaders to continue to inflate the bubbles larger and larger and larger.

But of course no bubble can last forever, and the bigger they become the harder they burst.

The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way

The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers.  Politicians love to borrow money, but over time government debt slowly but surely impoverishes a nation.  As the elite get governments around the globe in increasing amounts of debt, those governments must raise taxes in order to keep servicing those debts.  In the end, it is all about taking money from us and transferring it into government pockets, and then taking money from government pockets and transferring it into the hands of the elite.  It is a game that has been going on for generations, and it is time for humanity to say that enough is enough.

According to the Institute of International Finance, global debt has now reached a new all-time record high of 217 trillion dollars

Global debt levels have surged to a record $217 trillion in the first quarter of the year. This is 327 percent of the world’s annual economic output (GDP), reports the Institute of International Finance (IIF).

The surging debt was driven by emerging economies, which have increased borrowing by $3 trillion to $56 trillion. This amounts to 218 percent of their combined economic output, five percentage points greater year on year.

Never before in human history has our world been so saturated with debt.

And what all of this debt does is that it funnels wealth to the very top of the global wealth pyramid.  In other words, it makes global wealth inequality far worse because this system is designed to make the rich even richer and the poor even poorer.

Every year the gap between the wealthy and the poor grows, and it has gotten to the point that eight men have as much wealth as the poorest 3.6 billion people on this planet combined

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.

This didn’t happen by accident.  Sadly, most people don’t even understand that this is literally what our system was designed to do.

Today, more than 99 percent of the population of the planet lives in a country that has a central bank.  And debt-based central banking is designed to get national governments trapped in endless debt spirals from which they can never possibly escape.

For example, just consider the Federal Reserve.  During the four decades before the Federal Reserve was created, our country enjoyed the best period of economic growth in U.S. history.  But since the Fed was established in 1913, the value of the U.S. dollar has fallen by approximately 98 percent and the size of our national debt has gotten more than 5000 times larger.

It isn’t an accident that we are 20 trillion dollars in debt.  The truth is that the debt-based Federal Reserve is doing exactly what it was originally designed to do.  And no matter what politicians will tell you, we will never have a permanent solution to our debt problem until we get rid of the Federal Reserve.

In 2017, interest on the national debt will be nearly half a trillion dollars.

That means that close to 500 billion of our tax dollars will go out the door before our government spends a single penny on the military, on roads, on health care or on anything else.

And we continue to pile up debt at a rate of more than 100 million dollars an hour.  According to the Congressional Budget Office, the federal government will add more than a trillion dollars to the national debt once again in 2018…

Unless current laws are changed, federal individual income tax collections will increase by 9.5 percent in fiscal 2018, which begins on Oct. 1, according to data released today by the Congressional Budget Office.

At the same time, however, the federal debt will increase by more than $1 trillion.

We shouldn’t be doing this, but we just can’t seem to stop.

Let me try to put this into perspective.  If you could somehow borrow a million dollars today and obligate your children to pay it off for you, would you do it?

Maybe if you really hate your children you would, but most loving parents would never do such a thing.

But that is precisely what we are doing on a national level.

Thomas Jefferson was strongly against government debt because he believed that it was a way for one generation to steal from another generation.  And he actually wished that he could have added another 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 its Constitution; I mean an additional article, taking from the federal government the power of borrowing.”

And the really big secret that none of us are supposed to know is that governments don’t actually have to borrow money.

But if we start saying that too loudly the people that are making trillions of dollars from the current system are going to get very, very upset with us.

Today, we are living in the terminal phase of the biggest debt bubble in the history of the planet.  Every debt bubble eventually ends tragically, and this one will too.

Bill Gross recently noted that “our highly levered financial system is like a truckload of nitro glycerin on a bumpy road”.  One wrong move and the whole thing could blow sky high.

When everything comes crashing down and a great crisis happens, we are going to have a choice.

We could try to rebuild the fundamentally flawed old system, or we could scrap it and start over with something much better.

My hope is that we will finally learn our lesson and discard the debt-based central banking model for good.

The reason why I am writing about this so much ahead of time is so that people will actually understand why the coming crisis is happening as it unfolds.

If we can get everyone to understand how we are being systematically robbed and cheated, perhaps people will finally get mad enough to do something about it.

A List Of 100 Things That Liberals Hate About America

Why do liberals seem to hate just about everything that is good and true and right about this country?  Earlier today I was writing an article about Kathy Griffin and the hate-filled ideology that she represents, and it got me thinking about a lot of things.  I truly believe that her now infamous photograph will turn out to be a defining moment in American politics.  It has become exceedingly clear that Kathy Griffin and those like her have nothing to offer but anger, hate and violence, and that is not a message that most Americans are going to embrace.  So if true conservatives can start communicating a message of love, peace, prosperity, liberty and freedom that is based on the principles and values that this nation was founded upon, there is no way that the left is going to be able to compete with that.

If we want to make America great again, we need to embrace the things that made us great in the first place.  Unfortunately, the left tends to hate most of those things.  In fact, many leftists will actually tell you that America was never great.  These “progressives” want our nation to be fundamentally “transformed” into an entirely different place than our forefathers intended, and they plan to use big government as the tool to conduct that “transformation”.

If they ultimately win, the country that you and I love so much today will be gone forever.  I want you to read the list below and imagine what the United States would be like if all of these things were eradicated.  The following is a list of 100 things that liberals hate about America…

#1 The U.S. Constitution

#2 Liberty

#3 Freedom

#4 Success

#5 Big Trucks

#6 Capitalism

#7 Free Markets

#8 Wealthy People

#9 Economic Prosperity

#10 The Rule Of Law

#11 Traditional Values

#12 The American Flag

#13 The Founding Fathers

#14 Guns

#15 Limited Government

#16 Religious Freedom

#17 Homeschooling

#18 Private Schools

#19 Christian Schools

#20 Entrepreneurs

#21 Ronald Reagan

#22 Donald Trump

#23 Mike Pence

#24 Country Music

#25 Rush Limbaugh

#26 The Tea Party

#27 Lower Taxes

#28 Old-Fashioned Light Bulbs

#29 Jesus

#30 The Bible

#31 The Christian Faith

#32 The Drudge Report

#33 John Wayne

#34 Alex Jones

#35 NASCAR

#36 Tupperware

#37 Big Cheeseburgers

#38 Football

#39 Clint Eastwood

#40 The Army

#41 The Navy

#42 The Marines

#43 The Air Force

#44 Ron Paul

#45 Rand Paul

#46 Marriage

#47 Family

#48 Babies

#49 Wal-Mart

#50 Flag Pins

#51 Steakhouses

#52 Chuck Norris

#53 Bottled Water

#54 George Washington

#55 The 1st Amendment

#56 The 2nd Amendment

#57 The 10th Amendment

#58 The Pledge Of Allegiance

#59 McDonald’s

#60 Coca-Cola

#61 Fried Food

#62 Muscle Cars

#63 Charlie Daniels

#64 Dolly Parton

#65 Duck Dynasty

#66 Johnny Cash

#67 Sarah Palin

#68 Cheesesteaks

#69 Sean Hannity

#70 Rodeos

#71 Cadillacs

#72 Barbie Dolls

#73 Ted Cruz

#74 Fiscal Sanity

#75 Charlton Heston

#76 Israel

#77 Benjamin Netanyahu

#78 Miners

#79 Loggers

#80 The Coal Industry

#81 National Sovereignty

#82 National Borders

#83 Uncle Sam

#84 The Washington Redskins

#85 Small Businesses

#86 Self-Employment

#87 Harley-Davidson Motorcycles

#88 Military Veterans

#89 The Phrase “Islamic Terror”

#90 Big Families

#91 The Bible Belt

#92 The Creation Museum

#93 The 10 Commandments

#94 Anyone That Is Pro-Life

#95 Anyone That Disagrees With Them

#96 Hard Work

#97 Patriotism

#98 Winning

#99 The Truth

#100 The American People

House Of Cards: Netflix Is One Of The Poster Children For Tech Bubble 2.0

How can a company that is going to generate $2,000,000,000 in negative free cash flow in 2017 be worth 70 billion dollars?  Netflix has soared in popularity in recent years, but so have their financial losses.  Just like during the original tech bubble, investors are ignoring basic fundamentals and are greatly rewarding firms that are bleeding giant mountains of cash year after year just because they are trendy “tech companies”.  But somewhere along the line you actually have to quit losing money if you are going to survive.  Just ask tech bubble 1.0 victims Pets.com, Webvan and Etoys.com.  The investors that poured enormous amounts of money into those companies ended up losing everything, and similar tragedies will play out as tech bubble 2.0 bursts.

So far in 2017, the S&P 500 is up about 8 percent, but FANG stocks (Facebook, Amazon, Netflix and Google) are up a whopping 30 percent.

But at least Facebook, Amazon and Google are making money.

Netflix is not.

So why in the world has the stock shot up by more than 30 percent so far this year?  It just doesn’t make any sense at all.  According to CNBC, during the first quarter Netflix had $423 million in negative free cash flow, and for the entire year it is being projected that it will have $2 billion in negative free cash flow…

The California-based company is now dumping cash into original content to maintain its dominance over its growing field of rivals. The company’s had $423 million negative free cash flow during the quarter, wider than the $261 million negative free cash flow a year ago. Netflix expects to have $2 billion in negative free cash flow this year.

The bleeding of cash at Netflix only seems to be accelerating.  The number for the first quarter of 2017 was 62 percent worse than the number for the first quarter of 2016, and it was more than twice as bad as the number for the first quarter of 2015.

It is hard to imagine that Netflix will ever be more popular than it is right now.

So if Netflix is not making a profit at this point, when will it ever make a profit?

Similar things could be said about Twitter.  This is a company that has never made a yearly profit and that is actually starting to see revenues decline.  But somehow the stock just continues to go up.  Since the last time I wrote about Twitter, the market cap has shot up another 1.5 billion dollars.

At this point, the market values Twitter at 13 billion dollars, but in the entire history of the company it has actually lost 2 billion dollars.

What we are witnessing is a modern day version of “tulip mania”, and at some point this irrational euphoria will come to a sudden end.  In fact, there are already some signs that tech bubble 2.0 may be in a significant amount of trouble.  The following is an excerpt from a Bloomberg article entitled “Investors Go All-In on Tech Giants”

The tech-powered rally has catapulted the sector to a price-to-earnings ratio of 24.4, or 41 percent above the 10-year average. But as Google and Amazon stretch to nearly $1,000 a share, not everyone is comfortable with the valuations. Investors pulled more than $716 million from the most popular technology exchange-traded fund last week — the $17.4 billion Technology Select Sector SPDR Fund, or XLKits largest weekly outflow in over a year, data compiled by Bloomberg show.

“Most everybody remembers 2000, so they might be getting a little nervous with this development,” said Maley. “I just wonder how many people have said to themselves, ‘If AMZN gets to $1,000, I’m going to take at least some profits.’”

All over the financial world, prominent voices are warning that the enormous financial bubbles that we see all around us are not sustainable and that a major crisis is heading our way.  I wrote about some of these voices yesterday, and today we can add Paul Singer to the list…

Given groupthink and the determination of policy makers to do ‘whatever it takes’ to prevent the next market ‘crash,’ we think that the low-volatility levitation magic act of stocks and bonds will exist until the disenchanting moment when it does not. And then all hell will break loose (don’t ask us what hell looks like…), a lamentable scenario that will nevertheless present opportunities that are likely to be both extraordinary and ephemeral. The only way to take advantage of those opportunities is to have ready access to capital.

When the financial markets collapse, Donald Trump will likely get most of the blame.

But Donald Trump did not create the stock market bubble, and he will not be responsible for ending it either.

Since the Federal Reserve was created in 1913, we have seen this same story play out over and over again.  There have been 18 distinct recessions or depressions since the Fed was established, and the more the Fed interferes in the marketplace the larger the booms and busts tend to be.

And it could be argued that this time around the Fed has manipulated financial markets more than ever before.  Interest rates were pushed as low as possible and trillions of dollars were pumped into the financial system during the Fed’s quantitative easing programs.  Of course those actions were going to create a huge bubble, and of course that bubble is going to inevitably burst.

Unfortunately, this is not just a game.  Real people with real hopes and real dreams are going to be absolutely devastated.  Millions of Americans that were carefully saving for retirement are going to be financially crippled, and pension funds all over the nation are going to be wiped out.

I don’t know why we can’t seem to learn from history.  And I am not talking about events that happened decades ago.  The build up to this coming crisis is so similar to what we witnessed just before the crashes of 2000 and 2008, but we just keep getting fooled over and over again.

But once things fall apart this time, I think that the American people will finally be fed up.  I think that they will be sick and tired of an unelected, unaccountable central bank that creates endless booms and busts, and I think that they will finally be ready to push Congress to shut the Federal Reserve down for good.

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