The Dow Falls By Triple Digits As Anxiety Over The Senate Tax Plan Grows

It is becoming quite clear that even if Congress passes a tax reform bill in 2017 that it won’t actually be that significant.  On Thursday, anxiety about the Senate’s version of the bill pushed the Dow down more than a hundred points, and that was the biggest decline that we have seen in two months.  Could it be possible that the massive stock market bubble that we are currently witnessing is about to burst?  Anticipation of what this tax bill would mean for U.S. companies has been the foundation for so much of the euphoria that was have seen on Wall Street this year, and now reality is starting to set in… (Read More...)

Bill Gates, Jeff Bezos And Warren Buffett Have More Money Than The Poorest 50% Of The U.S. Population Combined

The problem is not that we have a few people that are rich – the problem is that we have so many that are poor.  As you will see below, three extremely wealthy individuals have as much money as the poorest half of the nation combined.  In a free market capitalist society, there are always going to be some that do better than others, and there is nothing wrong with that.  But in our society today, there are so few that are doing well.  At this point a majority of all Americans are living paycheck to paycheck, and “one in five households have zero or negative net worth”… (Read More...)

The Stock Market Has Gone Up More Than 5 Trillion Dollars Since Donald Trump Was Elected

One year ago we witnessed the greatest miracle in political history, and since that time we have also witnessed one of the greatest miracles in financial history.  On November 8th, 2016 the Dow closed at 18,332.74. On Wednesday, it closed at 23,563.36.  U.S. stocks have increased in value by about 5.4 trillion dollars since Donald Trump was elected, and I don’t think that we have seen anything quite like this ever before.  So does Donald Trump deserve the credit for this unprecedented stock market run?  Many experts are at least giving him part of the credit… (Read More...)

One Year Ago A Miracle Happened

On November 8th, 2016 we witnessed the greatest miracle in the history of American politics.  Leading up to election day, virtually all of the experts were boldly assuring us that Hillary Clinton would be the next president of the United States.  Personally, I was quite alarmed about what a Hillary Clinton presidency would mean, because Clinton’s vindictiveness is legendary and my anti-Clinton articles had been seen by millions of people.  When Trump shocked the world by winning the election, it was like an entirely new day had just dawned in America.  If Donald Trump could become president of the United States, literally anything was possible. (Read More...)

The Mainstream Media Is Talking About A Coming Middle East War That Could Involve Saudi Arabia, Iran, The U.S. And Israel

People better start waking up and paying attention to what is happening in the Middle East, because the situation is becoming quite serious.  If things go badly, we could be facing a major regional war which would involve not only Saudi Arabia and Iran, but also potentially the United States and Israel.  Yesterday, I quoted an article in the New York Times that warned that tensions between the Saudis and the Iranians were raising “the threat of a direct military clash between the two regional heavyweights”.  And now Jake Novak of CNBC is saying that a “direct conflict between Saudi Arabia and Iran, as opposed to the proxy war they’re fighting in Yemen, looks inevitable.” (Read More...)

How Many Mass Shooters Have Been Members Of The NRA?

The left is using the tragedy in Sutherland Springs to demonize the NRA.  Personally, I am so sick and tired of these relentless attacks, and I am proud to stand with the NRA, the Gun Owners Of America and every other organization that is working hard to defend our 2nd Amendment rights.  As you will see below, it was actually the intervention of an NRA instructor named Stephen Willeford that saved countless lives in Sutherland Springs.  And would you like to know how many mass shooters have been members of the NRA?  The answer is zero… (Read More...)

The Economy Is Okay? U.S. Retail Store Closings Hit A New Record High As West Coast Homelessness Soars

If the U.S. economy is doing just fine, why have we already shattered the all-time record for retail store closings in a single year?  Whenever I write about our “retail apocalypse”, many try to counter my arguments by pointing out the growing dominance of Amazon.  And I certainly can’t deny that online shopping is on the rise, but it still accounts for less than 10 percent of total U.S. retail sales.  No, something bigger is happening in our economy, and it isn’t receiving nearly enough attention from the mainstream media. (Read More...)

Is Saudi Arabia Heading For War With Iran?

Is a major war in the Middle East looming on the horizon?  Most of us living in the western world simply do not realize how much Saudi Arabia and Iran truly hate one another.  Saudi Arabia is the global center for Sunni Islam, and Iran is the global center for Shia Islam, and the two major sects of Islam have a history of bad blood that literally goes back for over a thousand years.  The Saudis and the Iranians are already engaged in “proxy wars” in Syria and in Yemen, and now a missile that was fired at Riyadh’s international airport threatens to turn the conflict between the two regional powers into a hot war. (Read More...)

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