Could you afford to pay $3000 a month for health insurance? Previously, Ian Dixon had been paying $900 a month for health insurance for his family of four, but thanks to changes in the Charlottesville insurance market, a similar plan will now cost him more than $3,000 a month. When I first came across this story on Zero Hedge, I have to admit that I got angry. I was angry at the Democrats for destroying our healthcare system in the first place, and I was angry at Republicans for failing to repeal Obamacare even though they have had almost a full year to do so. Obamacare is financially destroying hard working families all over the nation, and Congress must take action immediately. (Read More...)
Silicon Valley Exec Has Created A New Religion That Will Worship A ‘Godhead’ Based On Artificial Intelligence
I know that the headline sounds absolutely crazy, but this is actually a true story. A Silicon Valley executive named Anthony Levandowski has already filed paperwork with the IRS for the nonprofit corporation that is going to run this new religion. Officially, this new faith will be known as “Way Of The Future”, and you can visit the official website right here. Of course nutjobs are creating “new religions” all the time, but in this case Levandowski is a very highly respected tech executive, and his new religion is even getting coverage from Wired magazine… (Read More...)
The Last Time These 3 Ominous Signals Appeared Simultaneously Was Just Before The Last Financial Crisis
We have not seen a “leadership reversal”, a “Hindenburg Omen” and a “Titanic Syndrome signal” all appear simultaneously since just before the last financial crisis. Does this mean that a stock market crash is imminent? Not necessarily, but as I have been writing about quite a bit recently, the markets are certainly primed for one. On Wednesday, the Dow fell another 138 points, and that represented the largest single day decline that we have seen since September. Much more importantly, the downward trend that has been developing over the past week appears to be accelerating. Just take a look at this chart. Could we be right on the precipice of a major move to the downside? (Read More...)
Democrats Have Filed Articles Of Impeachment, But We Aren’t Going To Allow Them To Impeach Trump
On Wednesday, a group of congressional Democrats filed five articles of impeachment against President Trump, and they say that they are doing this “because of great concerns for the country and our Constitution and our national security and our democracy”. Of course this effort is probably not going anywhere because Republicans control both the Senate and the House, but it shows what could happen if the 2018 mid-term elections go badly. If the Democrats are able to take back control of both the Senate and the House in 2018, they will attempt to impeach Trump. And even if they get close to taking back control, they could potentially convince some establishment Republicans to join them in getting rid of the president. (Read More...)
Venezuela Defaults On A Debt Payment – Is This The First Domino To Fall?
Did you know that Venezuela just went into default? This should be an absolutely enormous story, but the mainstream media is being very quiet about it. Wall Street and other major financial centers around the globe could potentially be facing hundreds of millions of dollars in losses, and the ripple effects could be felt for years to come. Sovereign nations are not supposed to ever default on debt payments, and so this is a very rare occurrence indeed. I have been writing about Venezuela for years, and now the crisis that has been raging in that nation threatens to escalate to an entirely new level. (Read More...)
California Residents On Edge After A Swarm Of 10 Earthquakes Hits Near The San Andreas Fault
Is the San Andreas Fault starting to wake up? On Monday, a “swarm” of 10 significant earthquakes struck Monterey County, California. The largest was a magnitude 4.6 earthquake that could be felt all the way over in San Francisco. Of course this comes at a time when other portions of “the Ring of Fire” are starting to awaken as well. For example, just yesterday I wrote about the alarming eruption of Mt. Popocatepetl that just took place down in Mexico. For decades the west coast of North America has been relatively stable compared to the rest of the Ring of Fire, but now that is changing. (Read More...)
Why America’s Retail Apocalypse Could Accelerate Even More In 2018
Is the retail apocalypse in the United States about to go to a whole new level? That is a frightening thing to consider, because the truth is that things are already quite bad. We have already shattered the all-time record for store closings in a single year and we still have the rest of November and December to go. Unfortunately, it truly does appear that things will get even worse in 2018, because a tremendous amount of high-yield retail debt is coming due next year. In fact, Bloomberg is reporting that the amount of high-yield retail debt that will mature next year is approximately 19 times larger than the amount that matured this year… (Read More...)
Popocatepetl Violently Erupts, And Authorities Warn A Bigger Eruption Could Threaten More Than 20 Million People In Mexico City
Mt. Popocatepetl is one of the most important volcanoes on the entire planet, and yet most Americans are not familiar with it. In ancient Aztec, Popocatepetl means “smoking mountain”, but to the locals the 5,426-meter-high volcano is simply known as “Don Goyo”. A catastrophic eruption of “Don Goyo” would be a nightmare scenario for the more than 20 million people living in the Mexico City metropolitan area, and that is why authorities are watching Mt. Popocatepetl very closely at the moment. In fact, we are being warned that the eruption that just took place could be a precursor to an even larger eruption… (Read More...)