Over The Last 10 Years The U.S. Economy Has Grown At EXACTLY The Same Rate As It Did During The 1930s

Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad.  In this article, I am going to show you that the average rate of growth for the U.S. economy over the past 10 years is exactly equal to the average rate that the U.S. economy grew during the 1930s.  Perhaps this fact shouldn’t be that surprising, because we already knew that Barack Obama was the only president in the entire history of the United States not to have a single year when the economy grew by at least 3 percent.  Of course the mainstream media continues to push the perception that the U.S. economy is in “recovery mode”, but the truth is that this current era has far more in common with the Great Depression than it does with times of great economic prosperity. (Read More...)

The Tens Of Millions Of Forgotten Americans That The U.S. Economy Has Left Behind

The evidence that the middle class in America is dying continues to mount.  As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and about two-thirds of the population lives paycheck to paycheck at least part of the time.  Of course the economy has not been doing that well overall in recent years.  Barack Obama was the only president in all of U.S. history not to have a single year when the economy grew by at least 3 percent, and U.S. GDP growth during the first quarter of 2017 was an anemic 0.7 percent.  During the Obama era, it is true that wealthy enclaves in New York, northern California and Washington D.C. did thrive, but meanwhile most of the rest of the country has been left behind. (Read More...)

West Coast Seismic Alert: 2 Alaskan Volcanoes Erupt As Earthquake Swarms At Mount St. Helens Raise Concerns

Mount St. Helens, Mount Rainier and Mount Hood are all major volcanoes that lie along the infamous “Ring of Fire” that runs down the west coast of the United States, and all of the seismic activity that has been taking place in the region has many concerned about what may happen next.  Earlier this month, I wrote about how 45 earthquakes of magnitude 2.5 or greater hit Alaska in just one 24 hour period.  This week, it is volcanic activity that is raising concerns.  The earthquake swarms at Mount St. Helens are making headlines all over the globe, and on Tuesday two major volcanoes in Alaska suddenly erupted on the exact same day… (Read More...)

The Dow Plunges 372 Points As Trump Impeachment Talk Reaches A Fever Pitch On Capitol Hill

The wolves are circling, and members of Congress from both political parties are now openly talking about impeaching President Trump.  On Wednesday, speculation of a looming Trump impeachment sent stocks plunging.  The Dow was down 372 points, and the S&P 500 and the Nasdaq both experienced their largest declines in eight months.  This downturn was sparked by a New York Times report that said that a memo that FBI Director James Comey wrote in February stated that Trump requested that Comey “end the investigation into former national security adviser Michael Flynn”.  Democrats and Republicans are both jumping on this memo as potential evidence of “obstruction of justice”, but as I will explain below, even if everything that Comey is saying is true there is no evidence of obstruction of justice in this case.  However, perception is often more important than reality, and at this moment Wall Street and many of Trump’s fellow Republicans in Washington believe that the Trump administration is coming apart at the seams.  After the events of this week, it is clearer than ever that it is imperative that we get Trump some friends in Congress in 2018. (Read More...)

Is Puerto Rico’s Economic Collapse A Ploy By Liberals To Permanently Shift The Balance Of Power In Congress?

Next month, citizens of Puerto Rico are going to vote on statehood, and the absolutely devastating economic collapse that is gripping the island could be enough to push pro-statehood forces over the edge to victory.  Of course Congress has the final say on whether Puerto Rico becomes a state or not, but it is going to be very difficult to deny Puerto Rico’s 3.4 million residents statehood if they strongly insist that they want it.  Needless to say, if Puerto Rico becomes the 51st U.S. state that would greatly benefit the Democrats, because the population of Puerto Rico is very liberal. (Read More...)

Financial Weapons Of Mass Destruction: The Top 25 U.S. Banks Have 222 Trillion Dollars Of Exposure To Derivatives

The recklessness of the “too big to fail” banks almost doomed them the last time around, but apparently they still haven’t learned from their past mistakes.  Today, the top 25 U.S. banks have 222 trillion dollars of exposure to derivatives.  In other words, the exposure that these banks have to derivatives contracts is approximately equivalent to the gross domestic product of the United States times twelve.  As long as stock prices continue to rise and the U.S. economy stays fairly stable, these extremely risky financial weapons of mass destruction will probably not take down our entire financial system.  But someday another major crisis will inevitably happen, and when that day arrives the devastation that these financial instruments will cause will be absolutely unprecedented. (Read More...)

The Federal Reserve Must Go

If you want to permanently fix America’s economy, there really is no other choice.  Even before Ron Paul’s rallying cry of “End The Fed” shook America during the peak of the Tea Party movement, I was a huge advocate of shutting down the Federal Reserve.  Because no matter how hard we try to patch it up otherwise, the truth is that our debt-based financial system has been fundamentally flawed from the very beginning, and the Federal Reserve is the very heart of that system.  The following is a free preview of an upcoming book that I am working on about how to turn this country is a more positive direction… (Read More...)

Michael Snyder Is Calling For An Army Of Pro-Trump Activists To Run For Office All Over America

It is really easy to sit back and complain about the direction of this country, but what America really needs at this hour are men and women that are willing to step into the fight to save our constitutional republic.  As I have said before, getting Donald Trump elected was the greatest miracle in U.S. political history, but he should not have to wage this battle alone.  Trump has very few friends in Congress at this point, and so it is absolutely critical that we get him some during the 2018 mid-term elections.  So I am calling for an army of pro-Trump activists to run for national, state and local offices all over America in 2018.  Donald Trump started this revolution, and now it is our job to continue it. (Read More...)

+ More