The State Of California Is Never Going To Be The Same After This…

The state of California sure has been through a lot this year.  The COVID-19 pandemic hit the state particularly hard, fear of the virus sent the unemployment rate soaring, civil unrest has ripped permanent scars in most of the major cities, and earlier this month a historic heatwave caused rolling blackouts all over the state for the very first time since 2001.  So California certainly didn’t need anything else to deal with in 2020, because it has just been one thing after another all year long.  Unfortunately, it looks like the massive wildfires that have been roaring across the state over the last week are about to get even worse.  A “red flag” warning has been issued for Monday, and just about everyone is expecting this week to be a really, really bad week. (Read More...)

2020 Is An Economic Nightmare – And Things Just Got Even Worse

More than a million Americans were not supposed to be losing their jobs every week by the time we got to the middle of August.  By now, vast hordes of unemployed Americans were supposed to be returning to their old jobs and economic activity was supposed to be returning to normal levels.  But it hasn’t happened that way.  Instead, the U.S. economy continues to unravel at a steady pace.  Every week more businesses go under, more layoffs are announced and more people get behind on their bills.  What we have already been through has been far worse than anything that we experienced during the last recession, and it appears that this new economic downturn is entering yet another new phase.  On Thursday, we learned that another 1.106 million Americans filed new claims for unemployment benefits last week… (Read More...)

Does America Worship “A God Of Money”?

The one that you serve the most is the one that you really worship.  In America today, we don’t actually get down on our knees and pray to our stock market portfolios and the money in our bank accounts, but has our wealth become more important to us than anything else?  It is well known that material comfort greatly motivates most Americans.  We tend to vote for the politicians that we perceive will be the best for our economy, we religiously track the performance of our investments, and for many of us our financial goals are more important to us than any of our other goals.  We desperately want to “do well”, and we tend to exalt others that are “doing well”.  Of course “doing well” is defined primarily in financial terms in our society, and that is extremely unfortunate.  A poor man that has greatly loved his family and those around him his entire life is generally not considered to be “successful”, while a billionaire that may actually be living in emotional misery every day of his life is lifted up as an example for all of us to follow.  Our priorities are all messed up, and I believe that we will ultimately deeply regret the great love that we have developed for the debt-fueled “prosperity” that we have been enjoying for so many years. (Read More...)

The Global Elite Have Far More Control Over Us Than Most People Would Dare To Imagine

No matter where you fall on the political spectrum, you probably agree that the global elite have too much power and influence.  It has been said that “money is power”, and today that seems to be more true than ever.  Those at the very, very top of the pyramid dictate the rules of the game for the rest of us, and there isn’t too much that the rest of us can do about it.  When we talk about how the global elite dominate our lives, the focus tends to be on how they influence national governments, but the truth is that is one of the areas where the global elite have the least control.  I know that may sound strange, but I believe that things will become clearer by the end of this article. (Read More...)

Housing Crash 2: We Have Never Seen Mortgage Delinquencies Rise This Fast In U.S. History

If our economic numbers were going to improve substantially, now would be the time for it to happen.  The COVID-19 pandemic seems to have hit a plateau for the moment, the civil unrest in our major cities has been reduced to a dull roar, and millions of Americans that originally lost their jobs have now gone back to work.  If we are going to get some glimmers of hope for the economy, this is when we should see them, because the environment does not look promising once the summer ends.  Unfortunately, the numbers that we keep getting just continue to directly contradict the narrative that any sort of a “recovery” is taking place.  In fact, the Mortgage Bankers Association is reporting that the delinquency rate on residential mortgages shot up a whopping 386 basis points last quarter… (Read More...)

A Mass Exodus Away From Big Cities On Both Coasts

In all of U.S. history, we have never seen anything like “the mass exodus of 2020”.  Hundreds of thousands of people are leaving the major cities on both coasts in search of a better life.  Homelessness, crime and drug use were already on the rise in many of our large cities prior to 2020, but many big city residents were willing to put up with a certain amount of chaos in order to maintain their lifestyles.  However, the COVID-19 pandemic and months of civil unrest have finally pushed a lot of people over the edge.  Moving companies on both coasts are doing a booming business as wealthy and middle class families flee at a blistering pace, and most of those families do not plan to ever return. (Read More...)

100,000 Pasta Boxes And Enough Peanut Butter To Make Nearly 3 Million Sandwiches

If everything is going to be just fine, why are officials spending millions of dollars to stockpile giant mountains of food?  What has just been revealed about the “new food warehouse” in Washington state should be a major red flag for all of us.  Most Americans seem to believe that the COVID-19 pandemic, the enormous economic problems that have erupted and the nightmarish civil unrest that has been raging in our major cities are all just temporary phenomenons and that life will eventually get back to normal.  Meanwhile, authorities in Washington state are acting as if what we have experienced so far is just the beginning.  According to the Seattle Times, stockpiles of food are being stacked all the way to the roof in “Washington state’s new food warehouse”… (Read More...)

Millions Of Acres Of Crops In The Central U.S. Have Been Destroyed By A Series Of Historic Natural Disasters

While the mainstream media focuses on the upcoming election, COVID-19 and the endless protests going on in our major cities, another great tragedy is unfolding all across the middle of the country.  A nightmarish drought, horrific flooding along the Mississippi River and a giant “derecho” that just hit the farm belt have combined to make this one of the toughest years for farmers ever.  And this comes at a particularly bad time, because the stress that the COVID-19 pandemic has put on food distribution systems has already created periodic shortages of certain items around the nation.  We definitely could have used an uneventful growing season this year, and unfortunately we didn’t get it. (Read More...)

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