If Donald Trump truly wants to fix the economy, he must shut down the Federal Reserve. If he just tries to patch up our current system, he will fail, because it has been fundamentally flawed from the very beginning. A little over a century ago, very powerful forces on Wall Street convinced Congress to completely restructure our financial system. An immensely powerful central bank known as the Federal Reserve was created, and the goal was to transform the U.S. dollar into a debt-based currency that would continuously be inflated and to create an endless debt spiral from which the federal government could never possibly escape. Sadly, they were successful on both counts. Since the creation of the Federal Reserve, the value of the U.S. dollar has declined by approximately 98 percent and our national debt has gotten more than 5000 times larger. (Read More...)
11 Very Depressing Economic Realities That Donald Trump Will Inherit From Barack Obama
It would be a grave mistake to understate the amount of damage that has been done to the U.S. economy over the past eight years. In this article, I am going to share some economic numbers with you that are extremely sobering. Anyone that takes a cold, hard, honest look at the numbers should be able to see that our economy is in terrible shape. Unfortunately, the way that we see things is often clouded by our political views. Up until the election, Democrats were far more likely then Republicans to believe that the economy was improving, but now that is in the process of completely reversing. According to Gallup, only 16 percent of Republicans believed that the economy was getting better before the election, but that number has suddenly jumped to 49 percent after Trump’s election victory. And the percentage of Democrats that believe that the economy is getting better fell from 61 percent to 46 percent after the election. Here are some additional details from Gallup… (Read More...)
The Election Of Donald Trump Is Already Having An Enormous Impact On The Economy
The election of Donald Trump has sent shockwaves through the U.S. economy and the U.S. financial system. Since November 8th, the Dow has hit a brand new all-time record high, the U.S. dollar has strengthened greatly, and bank stocks are way up. But not all of the economic news is good news. Unlike stocks, bonds have reacted very negatively to Trump’s election victory. The past week has been an absolute bloodbath for bond traders, and as you will see below this is going to have dramatic implications for all U.S. consumers moving forward. (Read More...)
Democrats Are Now Calling For A ‘Revolution In The Streets’, And I Believe That They Are Quite Serious
The surprise victory by Donald Trump on November 8th has spawned a series of violent protests and riots all over the nation as stunned leftists continue to throw the largest post-election temper tantrum in U.S. history. Protesters in large cities all across America have been disrupting public transportation, looting stores, hurling objects at the police and burning Trump in effigy. There have even been shootings at anti-Trump rallies in Seattle and in Portland. Hundreds of protesters have been arrested so far, and organizers are promising that this is only just the beginning. Meanwhile, large numbers of enraged leftists are physically threatening Trump on Twitter, and some are even calling for a violent revolution. Sadly, I believe that they are quite serious about this. (Read More...)
Do You Believe In Miracles?
We have never seen anything like this in the history of American politics. Donald Trump’s shocking victory on election night is nothing short of a modern day miracle. Several weeks ago I told my readers that it would take the biggest political miracle ever in order for Trump to win, and I had been strongly urging them to vote, but even early on election night I was skeptical that Trump could actually pull it off. Initially the results coming out of Florida, North Carolina and Ohio looked rather ominous, and a lot of Trump supporters were freaking out. But those initial numbers strongly reflected early voting results, and those results typically favor Democrats. Once the Election Day numbers started rolling in, it was clear that there was a massive unanticipated wave of momentum for Trump. (Read More...)
No Matter What Happens, We Won’t Know Who The Next President Will Be Until December 19th
Most Americans assume that their votes decide who the next president will be, but that is actually not the case. It is the Electoral College that will elect the next president, and they don’t meet until December 19th. And the truth is that all of the members of the Electoral College never meet in one place. Rather, electors gather together in all 50 state capitals on the second Wednesday in December, and it is at that time that the next president and vice president are officially elected. Of course members of the Electoral College have voted according to the will of the people about 99 percent of the time throughout our history, but with how crazy this election has turned out to be you never know what might happen. For example, later on in this article you will see that one elector in Washington state has already publicly stated that he will not cast his vote for Hillary Clinton. If other “faithless electors” emerge, that could potentially change the entire outcome of the election. (Read More...)
Early Voting Results In Key Battleground States Appear To Favor Donald Trump
If you want Donald Trump to win the election, then you have got to be encouraged by what you are seeing so far. Early voting has already been going on in a number of the most important battleground states, and up to this point the numbers seem to support the theory that Donald Trump is doing significantly better in key swing states than Mitt Romney did in 2012. As you will see below, the latest numbers released by Florida, North Carolina, Colorado and Arizona all have good news for the Trump campaign. Without a doubt, I still have an ominous feeling about what is going to happen tomorrow night, but so far at least there are some encouraging signs. (Read More...)
If Donald Trump Wins, He Will Be 70 Years, 7 Months And 7 Days Old On His First Full Day In Office
A couple of weeks ago, it looked like Hillary Clinton was all set to cruise to victory, but now the FBI has delivered an election miracle in the nick of time. A few of my readers had criticized me for suggesting that Trump might lose, but I don’t know who is going to win the election, and so all I had to go on was the cold, hard numbers. And a couple of weeks ago the cold, hard numbers were telling me that Hillary Clinton was going to win. Of course it is entirely possible that the national polls might have been seriously wrong, but even the state polls in the most important battleground states consistently had bad news for Trump. So things didn’t look good for Trump at the time, but now that the FBI has renewed their investigation into Hillary Clinton’s emails the poll numbers have shifted dramatically in Trump’s favor. (Read More...)