America’s Financial Suicide: The Budget Deficit Rises 26% In 1 Year As Federal Spending Spirals Wildly Out Of Control

We are in the process of committing national financial suicide, and most Americans don’t seem to care.  As  you will see below, the federal budget deficit for the fiscal year that ended on September 30th was the largest in 7 years.  In fact, it was actually 26 percent larger than last year.  Federal spending is wildly out of control, and “non-discretionary spending” is projected to go through the roof in the years ahead.  Under our current system, it is literally going to be impossible to turn things around.  As the Baby Boomers continue to retire, the amount of resources demanded by Social Security, Medicare and other entitlement programs is going to continue to escalate dramatically.  Meanwhile, the biggest bureaucracy in the history of the world just continues to get even larger with each passing year, and neither political party seems interested in trying to do anything about it.  Our national debt will shortly hit 23 trillion dollars, but we will never actually pay it off.  Instead, we will just keep piling on more debt until this entire charade comes crashing down like a house of cards. (Read More...)

U.S. Representative Ted Lieu: There Is “More Than Enough” Evidence To Draft Articles Of Impeachment Right Now

A lot of conservatives still don’t realize what is about to happen.  The Democrats have already decided that articles of impeachment will be drafted, and they are planning on a vote by the end of this year.  Of course it is entirely possible that the timeline could get pushed back a bit, but this things is actually going to happen.  Many still seem to believe that the Democrats are going to “evaluate the evidence” before deciding what to do, but the truth is that most of them already have their minds made up.  For example, just check out what U.S. Representative Ted Lieu told CNN on Friday(Read More...)

Trump: “As President I have an obligation to end CORRUPTION, even if that means requesting the help of a foreign country or countries.”

President Trump has posted yet another tweet that is likely to elicit howls of outrage from the left.  In the tweet, he claims that he has “an obligation to end CORRUPTION, even if that means requesting the help of a foreign country or countries.”  And he is exactly correct.  As the chief law enforcement officer in the land, President Trump should be cracking down on corruption wherever it is found.  But the Democrats are trying to twist Trump’s request of help from Ukraine into a campaign finance violation, which as I pointed out yesterday is absolutely absurd.  Unfortunately, at this point the Democrats are fully committed to going down the road of impeachment, and so there is no turning back now.  But as this process unfolds, Trump will just keep on tweeting, and the left will just keep becoming more and more hysterical. (Read More...)

This Is What A Recession Looks Like – Here Are 12 Big Companies That Are Conducting Major Layoffs

Do you remember what it was like in 2008 when it literally felt like no job was truly safe?  It was a terrible time, and many fear that we could soon be facing a similar scenario.  In recent days, big companies all across America have been laying off workers at a frightening pace.  As economic activity has slowed down, a lot of firms are feeling compelled to slash their payrolls, and if a deep recession is ahead of us then what we have seen so far could be just the tip of the iceberg.  In 2008 and 2009, millions of Americans lost their jobs very rapidly, and it could very easily happen again. (Read More...)

Stock Prices Are Plunging, And Many Fear This Could Be Another “Black October” For The Stock Market

The stock market hasn’t started a quarter this badly in about a decade, and if stock prices continue to plummet it could set off a wave of panic selling unlike anything that we have seen in a very long time.  Of course it wouldn’t be the first time that we have seen a major stock market crash during the month of October.  If I mention “October 1929”, you immediately know what I am referring to, and the same thing is true for October 1987 and October 2008.  Today, we are facing a global economic slowdown, an impeachment crisis in Washington and a rapidly escalating trade war simultaneously, and it seems like almost everyone on Wall Street is suddenly talking about “the coming recession”.  In such an environment, any piece of bad news is going to push stocks lower, and that is certainly what happened on Wednesday(Read More...)

A U.S. Economic Slowdown Has Been Confirmed, And We Are Being Warned That “More Damage” Is Ahead

We just witnessed the worst month for U.S. manufacturers in more than 10 years, and nobody seems optimistic that things are going to get much better any time soon.  In fact, one expert is warning that “more damage” is coming if the trade war is not resolved, and unfortunately it does not appear that a resolution will be possible for the foreseeable future.  As I have been detailing for months, the entire global economy has been steadily slowing down, but some shocking new numbers that we just got indicate that our economic problems are really starting to accelerate.  So hold on to your hats, because it looks like things are about to get really crazy.  According to CNBC, September was the worst month for U.S. factories in more than a decade(Read More...)

As Prominent Republicans Betray Trump, The Media Urges Americans To Get Ready For “President Mike Pence”

Impeachment mania is reaching a fever pitch in Washington, and as I reported a couple of days ago, the Democrats are hoping to have articles of impeachment ready for a House vote around Thanksgiving.  But in order to impeach the president of the United States, you need to have an impeachable offense first, and even if everything that is being alleged is 100 percent true there is simply no impeachable offense in this case.  In recent days there has been a lot of talk about “the integrity of our elections” and Donald Trump has been accused of “betraying his oath of office”, but top Democrats never seem to publicly bring up any specific law that Trump has violated.  The U.S. Constitution sets a high standard for impeaching the president, and unless that standard is met, impeachment proceedings should not go forward.  Some progressive writers have attempted to suggest that Trump is guilty of bribery, extortion, obstruction of justice or a campaign finance violation, but none of those crimes comes anywhere close to fitting the facts of this case.  Democrats may have been offended by what Trump said during his call with the president of Ukraine, but being offended is not enough to impeach someone. (Read More...)

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