Yes, this is a true story. I was completely shocked when I learned about this too, and this just underscores the importance of repealing the individual mandate immediately. Shortly after taking office, President Trump issued an executive order which was intended to move the IRS away from enforcing Obamacare’s individual mandate, but now the IRS has found a way around that executive order. According to the official AARP website, the IRS has announced that it will not process any tax returns from individuals that are not willing to disclose whether they currently have health insurance or not… (Read More...)
As America Gives Thanks, Homelessness Continues To Set New Records In Major Cities All Over The Nation
If the economy is doing just fine, then why is homelessness at levels not seen “since the Great Depression” in major cities all over the country? If the U.S. economy was actually in good shape, we would expect that the number of people that are homeless would be going down or at least stabilizing. Instead, we have a growing national crisis on our hands. In fact, within the past two years “at least 10 cities or municipal regions in California, Oregon and Washington” have declared a state of emergency because the number of homeless is growing so rapidly. (Read More...)
134 Earthquakes Strike The San Andreas Fault As The Shaking Of The Earth’s Crust Intensifies
Within the last 7 days, 134 earthquakes “have hammered a three-mile stretch around Monterey County on the San Andreas fault”. 17 of those earthquakes were of magnitude 2.5 or greater, and many believe that these quakes could be a warning sign that a much bigger quake is imminent. Let’s hope not, because when the “Big One” finally strikes California we will witness devastation on a scale that is unlike anything that we have seen before in modern American history. The Northridge earthquake of 1994 was crippling, but it was only a magnitude 6.7 quake. Experts tell us that when the “Big One” finally hits, we could be looking at a quake of magnitude 9.0 or greater, and such a disaster would make the Northridge earthquake look like a Sunday picnic. (Read More...)
Secret Code Is Recording Every Keystroke You Make On More Than 400 Of The Most Popular Websites On The Internet
If someone secretly installed software on your computer that recorded every single keystroke that you made, would you be alarmed? Of course you would be, and that is essentially what is taking place on more than 400 of the most popular websites on the entire Internet. For a long time we have known that nothing that we do on the Internet is private, but this new revelation is deeply, deeply disturbing. In my novel entitled “The Beginning Of The End”, I attempted to portray the “Big Brother” surveillance grid which is constantly evolving all around us, but even I didn’t know that things were quite this bad. According to an article that was just published by Ars Technica, when you visit the websites that have installed this secret surveillance code, it is like someday is literally “looking over your shoulder”… (Read More...)
Goodbye American Dream: The Average U.S. Household Is $137,063 In Debt, And 38.4% Of Millennials Live With Their Parents
Once upon a time the United States had the largest and most vibrant middle class in the history of the world, but now the middle class is steadily being eroded. The middle class became a minority of the population for the first time ever in 2015, and just recently I wrote about a new survey that showed that 78 percent of all full-time workers in the United States live paycheck to paycheck at least part of the time. But most people still want to live the American Dream, and so they are going into tremendous amounts of debt in a desperate attempt to live that kind of a lifestyle. (Read More...)
Bank Of America Analyst: A ‘Flash Crash’ In Early 2018 ‘Seems Quite Likely’
Is the stock market bubble about to burst? I know that I have been touching on this theme over and over and over again in recent weeks, but I can’t help it. Red flags are popping up all over the place, and the last time so many respected experts were warning about an imminent stock market crash was just before the last major financial crisis. Of course nobody can guarantee that global central banks won’t find a way to prolong this bubble just a little bit longer, but at this point they are all removing the artificial support from the markets in coordinated fashion. Without that artificial support, it is inevitable that financial markets will experience a correction, and the only real question is what the exact timing will be. (Read More...)
‘The Currency Of The Apocalypse’? Doomsday Preppers Flock To Bitcoin As It Surges Past $8000
Once upon a time preppers would hoard gold and silver in anticipation of the meltdown of society, but now Bitcoin is becoming the alternative currency of choice for many in the prepping community. On Monday, Bitcoin hit an all-time record high as it surged past $8,200, and it has now gone up nearly 50 percent in just the last eight days. As I have admitted previously, one of my great regrets is not investing in Bitcoin when it first started, because we have never seen a meteoric rise quite like this. Bitcoin hit the $5,000 mark for the very first time just over a month ago, it is up more than 700 percent so far this year, and it is up almost 40,000 percent over the past five years. At this point Bitcoin has a market cap of over 130 billion dollars, and many believe that this is just the beginning. (Read More...)
The Yield Curve Has Not Been This Flat In 10 Years, And Many Believe This Is A Sign That A Recession Is Imminent
Whenever we see an inverted yield curve, a recession almost always follows, and that is why many analysts are deeply concerned that the yield curve is currently the flattest that it has been in about a decade. In other words, according to one of the most reliable indicators that we have, we are closer to another recession than we have been at any point since the last financial crisis. And when you combine this with all of the other indicators that are screaming that a new crisis is on the horizon, a very troubling picture emerges. Hopefully this will turn out to be a false alarm, but it is looking more and more like big economic trouble is coming in 2018. (Read More...)