Depression

Tech Stocks Experience Their Longest Losing Streak In 5 Years As Panic Begins To Grip The Market

S&P 500 tech stocks have now fallen for 9 days in a row.  The last time tech stocks declined for so many days in a row was in 2012, and that was the only other time in history when we have seen such a long losing streak.  As I have stated before, the post-election “Trump rally” is officially done, and the market is starting to roll over as investors begin to realize that all of the buying momentum has completely evaporated.  Tech stocks tend to be particularly volatile, and so the fact that they are starting to lead the way down should definitely be alarming to many in the investing community.

Of course it isn’t just tech stocks that are falling.  The Dow was down another 59 points on Wednesday, and the S&P 500 has closed beneath its 50 day moving average for the very first time since the election.  For those that have been waiting for a key technical signal before getting out of the market, there is one for you.

The price of gold was up again, and that is definitely not surprising in this geopolitical environment.  The closer we get to war the higher gold and silver prices will go, and if we actually get into a major conflict we will see them blast into the stratosphere.

Another key indicator that I am watching very closely is the VIX.  On Wednesday it shot up above 16 for the very first time since the day after Trump’s election victory, and many believe that it could soon go much higher.  The following is an excerpt from a CNBC report…

The VIX measures the size of the S&P 500’s expected moves over the next 30 days, and consequently tends to run just a bit hotter than volatility over the past 30 days. Yet one-month realized volatility is just 6.7, meaning the VIX is at a roughly 9-point premium, which Chintawongvanich calls “highly unusual.”

That said, he notes that implied volatility was also at a large premium preceding the U.K. referendum to leave the EU and the U.S. presidential election. The obvious conclusion is that the market is now similarly preparing itself for the French presidential election, which is set to be held on April 23. Some fear that a populist candidate could prevail, which may cause more problems for the European Union and thus for economic stability.

As noted in that excerpt, the upcoming French election is absolutely huge.  If the election goes “the wrong way” according to the globalists, it could literally mean the end of the European Union as it is configured today.

And of course of even greater concern is the global march toward war.  It is being reported that North Korea is on the verge of a major nuclear weapons test, and such an act of defiance could be enough to push Donald Trump into conducting a major military strike.

But if Trump does hit North Korea, it is quite likely that North Korea will hit back.  The North Koreans are promising to use nuclear weapons in any conflict with the United States, and if Trump bungles this thing we could easily be looking at a scenario in which millions of people end up dead.

Things also continue to get more tense in the Middle East.  The Russians and the Iranians are promising to respond to any additional U.S. strikes “with force”, and on Wednesday Trump declared that our relationship with Russia “may be at an all-time low”.

Of course this came shortly after Secretary of State Rex Tillerson used similar language following his face to face meeting with Russian President Vladimir Putin…

Secretary of State Rex Tillerson and Russian President Vladimir Putin held more than two hours of “very frank” talks Wednesday in the Kremlin amid tensions over a U.S. airstrike against a Syria air base blamed for last week’s deadly chemical attack.

In remarks to reporters after the meeting, Tillerson said he told the Russian leader that current relations between the two countries are at a “low point.”

If the Trump administration conducts any more strikes on Syria, it is quite likely that the Russians and Iranians will make good on their threats and will start firing back.

And once U.S. aircraft or U.S. naval vessels come under fire, the calls for war in Washington will become absolutely deafening.

Unfortunately, Trump is not likely to back down any time soon because the recent missile strike in Syria has dramatically boosted his popularity.  According to every recent survey, the American people overwhelmingly approve of what Trump did…

A Morning Consult/Politico poll released Wednesday found that 57% of Americans supported airstrikes in Syria, 58% supported establishing a no-fly zone over parts of Syria including strikes against Syria’s air-defense systems, and 63% of Americans thought the US should do more to end the Syrian conflict. Even more, 66% of respondents said they supported the Trump administration’s strike last week specifically.

This mirrored results of another recent poll from CBS News in which 57% of Americans said they approved of the US strike. A Pew Research Center survey from this week showed a similar level of support, with 58% of Americans approving of the strike.

Sadly, this is a time when the majority is dead wrong.  Many of those that are supporting military action against Syria now were vehemently against it when Barack Obama was considering it.

Even Donald Trump spoke out very strongly against military intervention in Syria in 2013, and he was quite right to do so, and so what has suddenly changed that now makes it okay?

There is nothing to be gained in Syria, but we could very easily end up in a direct military conflict with Russia, Iran and Hezbollah which could ultimately prove to be the spark that sets off World War III.

And of course a military strike on North Korea could also potentially spark a global war.  The first Korean War resulted in a direct military conflict between the United States and China, and the second Korean War could easily result in the exact same thing happening again.

Do the American people really want war with both Russia and China at the same time?

It has been said that you should be careful what you wish for, because you just might get it.

Broken America

Is this the beginning of the end for the United States of America?  It has been said that a house divided against itself will surely fall, and today we live in a shattered union.  In all my years, I have never seen so much strife, discord, bitterness and resentment in this country.  Everyone can see what is happening, but nobody can seem to stop it.  Politically, you have got tens of millions of people trying to pull America one way, and you have got tens of millions of people trying to pull it the exact opposite way.  As I discussed in a previous article, the term “civil war” is now being thrown around by some pundits even though nobody has started shooting yet.  We are a deeply divided and broken nation, and if we don’t find a way to fix things America will not survive.

Every survey and opinion poll that has been taken recently backs up what I am saying.  For example, a Gallup survey that was conducted after the election in November found that an all-time record high 77 percent of all Americans believe that “the nation is divided on the most important values”…

Seventy-seven percent of Americans, a new high, believe the nation is divided on the most important values, while 21% believe it is united and in agreement. Over the past 20+ years, the public has tended to perceive the nation as being more divided than united, apart from two surveys conducted shortly after the 9/11 terrorist attacks.

So how do you fix this?

Nobody can force half the population to suddenly change their views on the most important issues of the day.

Earlier today, I wrote an article about how America is becoming a “politically-correct madhouse“, and there really is no compromising with the forces of political correctness.  Either you get in line or you are the enemy.

Once upon a time the values enshrined in the U.S. Constitution by our founders united us, but today about half the country has completely rejected those values.

Those that would like to restore our constitutional values find themselves diametrically opposed to the agenda that progressives are trying to shove down our throats, and personally I don’t see much room for compromise between the two sides.

Given enough time, one side would ultimately vanquish the other side, but I don’t know if America has enough time left for that to happen.

There were some that had been hoping that our new president would unite the country, but you can throw that idea right out the window.  According to numbers from Public Policy Polling, nearly half the nation already wants him to be impeached…

On our first poll of his Presidency voters were evenly divided on Trump, with 44% approving of him and 44% also disapproving. Now his approval rating is 43%, while his disapproval has gone all the way up to 53%. If voters could choose they’d rather have both Barack Obama (52/44) or Hillary Clinton (49/45) instead of Trump.

Just three weeks into his administration, voters are already evenly divided on the issue of impeaching Trump with 46% in favor and 46% opposed.

The political divisions in this nation are just going to grow worse and worse.

But just because we vehemently disagree with someone politically does not mean that we should hate that person.

I know that it can be infuriating to see some politician get up and start spouting off ideas that would be extremely damaging to this country.  But if we choose to hate our political “enemies”, we become part of the problem.

It is easy to love someone that agrees with you about most things.  The real challenge is finding a way to love those that believe things that you may find truly repulsive.

That doesn’t mean that you have to agree with what they believe.  I am not saying that at all.  You can disagree very strongly with someone and still love that person.

Unfortunately, the hearts of most people have grown cold in America.  As hatred, anger and frustration continue to grow, it is only a matter of time before we start seeing outbursts of violence.  Rioting, looting and civil unrest are going to become commonplace in communities all over the U.S., and eventually some of our major cities will burn.  In my latest book I warned that the “thin veneer of civilization that we all take for granted will disappear”, and thousands upon thousands of Americans that can see this coming are already fleeing the big cities.

What particularly disturbs me is when I see people that are supposed to be on the same side fighting each other.

If you are around someone long enough, eventually they are going to do or say something to offend you.  None of us is going to agree 100 percent on everything, and it is a horrible shame to allow one disagreement to ruin what should be a great relationship.

If you do not learn to forgive, every relationship that you ever have in your life will ultimately fail, because everyone is going to let you down at some point.

And you may think that you are making the other person pay a price by refusing to forgive, but the truth is that you will be the one that will end up suffering.  Even medical science has found that there are health benefits to forgiving and that unforgiveness can actually help bring on serious illnesses.  The following comes from the official website of Johns Hopkins Medicine…

Whether it’s a simple spat with your spouse or long-held resentment toward a family member or friend, unresolved conflict can go deeper than you may realize—it may be affecting your physical health. The good news: Studies have found that the act of forgiveness can reap huge rewards for your health, lowering the risk of heart attack; improving cholesterol levels and sleep; and reducing pain, blood pressure, and levels of anxiety, depression and stress. And research points to an increase in the forgiveness-health connection as you age.

“There is an enormous physical burden to being hurt and disappointed,” says Karen Swartz, M.D., director of the Mood Disorders Adult Consultation Clinic at The Johns Hopkins Hospital. Chronic anger puts you into a fight-or-flight mode, which results in numerous changes in heart rate, blood pressure and immune response. Those changes, then, increase the risk of depression, heart disease and diabetes, among other conditions. Forgiveness, however, calms stress levels, leading to improved health.

There are people that are reading this article that need to pick up the phone right now and apologize to someone that they have been refusing to forgive.

Yes, without a doubt that would be difficult.  But you might just be surprised how much grace a little humility can unleash.

You may not be able to fix our broken nation, but you certainly can fix the broken relationships in your own life.

And if millions of Americans decided to choose love and forgiveness rather than hatred, anger, bitterness and resentment, it would most definitely have a transformative effect on the entire country.

I would like to close with some very wise words from Dr. Martin Luther King Jr.: “Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that.”

Like Clinton’s Campaign, Will The Much-Hyped Inauguration Protests End Up Being A Giant Failure For The Left?

Inauguration Day Dawn - Photo by BgwwlmOver the past couple of months, the radical left has been endlessly hyping the protests against Donald Trump on January 20th and January 21st.  We have been told that half the population absolutely hates Donald Trump and that Washington D.C. will be filled with angry protesters that are ready to take their country back.  So where are they?  The radical left tends to talk a good game, but when it comes time for action they often come up way short.  At this point, it appears that the much-hyped “war in the streets” that they were promising is going to be a giant dud.

Reports from those on the scene in D.C. indicate that there are very few protesters running around.  Yes, a few hundred LGBT activists danced in front of Mike Pence’s home on Wednesday night.  And yes, police fired pepper spray at protesters at one point on Thursday night…

Police and anti-Donald Trump protesters are clashing in a rally that began outside the Trump International Hotel in Washington D.C.

The protest started at the hotel, and then marched through D.C. to the National Press Club several blocks away. Once there … pepper spray was fired into the crowd, and protesters started trying to break through police lines.

One protester got a little bloody during the pepper spray incident, but so far that has been it.

So where are the “Ferguson-style protests” that we were promised?

Of course the truth is that these radical leftists never stood much of a chance in the first place.  Law enforcement authorities have been watching them like a hawk, and the heart of Washington D.C. has been turned into a “fortress” for the inaugural festivities.

According to Reuters, permits have been granted for at least 30 anti-Trump rallies in D.C., but so far it appears that the “army of protesters” that many were dreaming of has failed to materialize.

And the authorities in D.C. appear quite ready to handle whatever is thrown their way.  Numerous media reports today used the term “fortress” to describe the level of security immediately surrounding the U.S. Capitol…

About 28,000 security personnel, miles of fencing, roadblocks, street barricades and dump trucks laden with sand are part of the security cordon around 3 square miles (almost 8 square km) of central Washington.

But even at this late hour, the mainstream media continues to hype the possibility of chaos and violence.  For example, the National Press Photographers Association is warning of Ferguson-style rioting on Friday…

The National Press Photographers Association has issued guidelines to journalists that virtually mirror those sent out during the Ferguson riots in 2014.

Reporters are advised to “maintain situational awareness” and have “an exit plan in case the situation becomes hostile”.

The group also emphasizes that journalists should “move toward the nearest police officer under the assumption that they could protect you from hostile or violent protesters.”

Other mainstream media outlets have been openly discussing the possibility of some sort of catastrophic terror attack during the Inauguration.  If you can believe it, the Today Show actually spent time talking about the possibility that a drone bombing could happen while Trump is being inaugurated…

The media is raising concerns about a drone bombing at the 58th Presidential Inauguration on Friday.

On Thursday’s “Today” show, a report indicated that U.S. Secret Service has put in place several anti-drone efforts out of concern that an I-inspired “flying IED” will smash into the crowd, or worse.

The report quoted an official from DroneShield, a drone countermeasure firm, saying that the Inauguration “is not something I would feel safe at.”

Did you ever hear these sorts of reports just prior to Obama’s inaugurations?

Of course not.

It is almost as if some in the mainstream media are actually trying to incite violence.  For instance, CNN is being loudly criticized for running a Wolf Blitzer report that suggested that someone from the Obama administration could become president if Donald Trump and Mike Pence were both “wiped out” at the Inauguration.  The following comes from Breitbart…

Blitzer introduced the segment, saying, “What if an incoming president and his immediate successors were wiped out on day one?” and from there, CNN contributor Brian Todd took over to outline the line of succession if an attack blew up the inaugural dais, killing both Trump and Pence.

The upshot was that in the case of both heads of state being killed, the Secretary of State would take over. Currently that man is Secretary of State John Kerry, But in case some objected because his office would also end as of noon on Inauguration Day, then it would be the Speaker of the House — Republican Paul Ryan — or even Obama’s Under Secretary for Political Affairs Tom Shannon.

Why talk about such a thing?

By airing this on national television just before the Inauguration, CNN is potentially giving sick and twisted people ideas that they would not have otherwise considered.  If you have not seen this deeply disturbing report yet, you can view it on YouTube right here…

And the international media is openly talking about the possibility of something happening to Trump as well.  The following example comes from Egypt…

“The really scary confrontation will come after Trump launches a campaign to purge the U.S. government ministries, including the Department of Defense, [i.e.,] the Pentagon, [and to eliminate] the gangs that hide within the intelligence and security agencies that are the hub of global conspiracies, in order to remove Democrats and replace them with Republicans he trusts,” writes Hani ‘Asl, a columnist for the Egyptian government daily Al-Ahram.

“In these [circles] there may be someone who will try to eliminate the problem [called Trump] with a single bullet in order to protect their interests and gladden Obama and Hillary, [perhaps] even under the slogan of defending democracy and the U.S.”

Without a doubt, there are many among the elite that absolutely hate Trump.  So let us pray for his safety and for the safety of everyone that will be attending the Inauguration.

January 20th is the start of a new day for America, and it should be a time of great celebration for the entire country.  Unfortunately, there are some people out there that would very much like to rain on our parade, and let us hope that all of their efforts are completely foiled.

Will There Be War On The Streets Of Washington D.C. During The Inauguration On Friday?

Anti-Trump Protest - Photo by Ted EytanThe stage is set for a potentially very ugly confrontation between radical leftist protesters on one side and law enforcement authorities and Trump supporters on the other side.  It is being estimated that hundreds of thousands of supporters will be arriving in D.C. to celebrate the inauguration of Donald Trump, but it is also being estimated that hundreds of thousands of people will be coming to D.C. to specifically protest the inauguration of Trump.  These protesters plan to set up blockades, disrupt inaugural balls and generally cause as much chaos as they possibly can.  In fact, a spokesperson for #DisruptJ20 says that the goal of his organization is for Trump to be inaugurated “amid complete chaos”…

“We would like the headline the next day to be Donald Trump inaugurated amid complete chaos, not Donald Trump, inaugurated amid applause,” said Legba Carrefour, who is an organizer with #DisruptJ20.

Needless to say, causing “complete chaos” is going to bring many of these protesters into direct confrontation with law enforcement.  If these anarchists do what they say they are going to do, law enforcement personnel with be forced to physically intervene.  The following comes from #DisruptJ20’s official “call to action”…

Trump’s success confirms the bankruptcy of representative democracy. Rather than using the democratic process as an alibi for inaction, we must show that no election could legitimize his agenda. Neither the Democrats nor any other political party or politician will save us—they just offer a weaker version of the same thing. If there is going to be a positive change in this society, we have to make it ourselves, together, through direct action.

From day one, the Trump presidency will be a disaster. #DisruptJ20 will be the start of the resistance. We must take to the streets and protest, blockade, disrupt, intervene, sit in, walk out, rise up, and make more noise and good trouble than the establishment can bear. The parade must be stopped. We must delegitimize Trump and all he represents. It’s time to defend ourselves, our loved ones, and the world that sustains us as if our lives depend on it—because they do.

In addition to law enforcement, many Trump supporters have made it quite clear that they are not going to put up with physical obstruction or intimidation by radical leftists.  “Bikers for Trump” is one such group, and they are anticipating that 5,000 of their members will be attending the inauguration.  According to Bikers for Trump founder Chris Cox, his organization is “prepared to form a wall of meat” if necessary…

“The bikers are certainly used to being outnumbered and we are prepared to form a wall of meat.  We’re anticipating a celebration here. We don’t anticipate any problems. We have a strict code of conduct where we don’t condone violence. But again in the event that we’re needed, you can certainly count on the Bikers for Trump.”

“We’ll be shoulder-to-shoulder with our brothers and we’ll be toe-to-toe with anyone that is going to break through any police barriers, that’s going to be assaulting women, spitting on them, throwing things at them.  We are anticipating a peaceful transition of power.”

“The backbone of the biker community is the veteran.  So these are guys that aren’t really used to backing down. You certainly won’t see bikers out there screaming, calling for destruction of private property or the death of police officers.”

Tensions will be running extremely high in D.C. over the next week, and it isn’t going to take much to spark a major incident.

On Monday, an incredibly shocking undercover video was released that shows three members of the Anti-Fascist Coalition talking about how they could potentially use butyric acid to disrupt an inaugural ball that is scheduled for Thursday evening.  The following is from a Lifezette article about this undercover video…

“I was thinking of things that … that would ruin the evening, ruin their outfits or otherwise make it impossible to continue with their plans. Make sure they get nothing accomplished,” Green says in the video.

“If you had … a pint of butyric acid, I don’t care how big the building is, it’s closing,” says Kuhn. “And this stuff is very efficient, it’s very very smelly, lasts a long time and a little of it goes a long way,” Green chimes in eagerly.

If you have not seen this video yet, you can view it right here.  These radicals clearly do not have any problem harming people in order to make a political statement.  If you are not familiar with butyric acid, it is often used to create “stink bombs”, but in higher concentrations it can actually be quite dangerous…

“Inhalation of butyric acid may result in soreness of throat, coughing, a burning sensation, and laboured breathing. Ingestion of the acid may result in abdominal pain, shock, and collapse. Physical exposure to the acid may result in pain, blistering and skin burns, while exposure to the eyes may result in pain, severe deep burns and loss of vision.”

Just like Islamic terrorists, these radical leftists want to create fear and they want to get as much attention as possible.

One of the attention grabbing stunts that they have planned is to literally block people from getting to the inauguration.  If protesters are able to successfully block a few of the main roads and a couple metro lines, they literally will be able to paralyze transportation throughout the entire city.  And according to one of the main organizers, this is precisely what they plan to do…

“Early in the morning, we’re going to be doing blockades. We’re going to be blocking checkpoints into the security zones. We’re also going to be blocking roads and other modes of transit into the event.”

“We are going to do everything we can from trying to stop people from being able to access the Inauguration.”

The good news is that tens of millions of dollars is being spent on security, and officials are closely monitoring what these radical leftist groups are trying to do.  So it is unlikely that the protesters will be able to completely disrupt the inaugural celebrations.  The following comes from the Washington Post…

By week’s end, the nation’s capital will have transformed into a virtual fortress of roadblocks, fences and armed police. Streets will be barricaded with trucks filled with sand. Five Metro stations will close Friday. Crossing Pennsylvania Avenue will be next to impossible.

The peaceful transfer of power is made possible by overlaying a tight security grid using 28,000 security officials over 100 square blocks of prime downtown real estate — from the White House to the Capitol and beyond, with a price tag in the tens of millions of dollars.

Let’s hope that law enforcement personnel are able to keep the protests relatively bottled up over the course of this week, because the potential exists for things to spiral out of control very rapidly.  Sometimes there is a temptation to allow protesters a little space so that they “can blow off steam”, but if scenes of chaos and violence start appearing on television there is a very real possibility that the streets of Washington D.C. could quickly come to resemble a war zone.

Why Is Obama Moving Troops Into Poland And Provoking A War With Russia Right Before The Inauguration?

Barack Obama Addresses The Troops - Public DomainJanuary 20th cannot come soon enough.  Instead of stepping back and trying to ensure a smooth transition for Donald Trump, Barack Obama has decided to go hog wild and use every ounce of presidential power still available to him.  He has been establishing a bunch of new national monuments, he just stabbed Israel in the back at the United Nations, and on Thursday he even took time to give Joe Biden a Presidential Medal of Freedom.  But one of the things that has people the most concerned is his endless provoking of Russia.  Every few days it seems like Obama is doing something else to aggravate Russia, and if he wasn’t leaving office in about a week I am sure that the mainstream media would be full of speculation about a possible war.

Lame duck presidents are not supposed to make risky moves like this once a new president has been elected.  On Thursday, we learned that U.S. troops have been permanently deployed to Poland for the very first time…

American soldiers rolled into Poland on Thursday, fulfilling a dream some Poles have had since the fall of communism in 1989 to have U.S. troops on their soil as a deterrent against Russia.

Some people waved and held up American flags as U.S. troops in tanks and other vehicles crossed into southwestern Poland from Germany and headed toward the town of Zagan, where they will be based. Poland’s prime minister and defense minister will welcome them in an official ceremony Saturday.

Poland was once a key member of the Warsaw Pact alliance, and the Russians are quite alarmed that U.S. troops will now be stationed so close to the Russian heartland.  The following comes from ABC News…

“These actions threaten our interests, our security,” President Vladimir Putin’s spokesman Dmitry Peskov said Thursday. “Especially as it concerns a third party building up its military presence near our borders. It’s not even a European state.”

And it has also been announced that NATO troops will arrive in Lithuania in late January.  If you will remember, Lithuania was actually part of the Soviet Union during the Cold War.

All of a sudden, Russia has become enemy number one.  Barack Obama and Hillary Clinton say that Russia is to blame for Clinton’s election loss, and so at the end of December Obama expelled 35 Russian diplomats from the country.

That is the sort of thing that you do before a war starts.

Over in Europe, they are so freaked out about potential Russian interference in their elections that they are “erecting defenses to counter possible Russian cyber attacks”…

Nations in Europe, where Germany and France this year hold elections, are erecting defenses to counter possible Russian cyber attacks and disinformation to sway Western politics, but intelligence experts say this might be too little and too late.

The issue of Russian “influence operations” has taken on new urgency after U.S. intelligence agencies released a non-classified assessment that President Vladimir Putin ordered a campaign to move the U.S. election in favor of Donald Trump.

European nations and NATO are setting up centers to identify “fake news”, bolstering cyber defenses and tracking use of social media which target Russian-speaking communities, far-right groups, political parties, voters and decision-makers.

Back in 2012, Barack Obama mocked Mitt Romney for saying that Russia was a serious threat to our national security.  He even joked that the 1980s were calling Romney because they wanted their foreign policy back.

At that time, Barack Obama boldly declared that the Cold War had been over for 20 years.  But now here we are just four years later and Barack Obama has gotten us into a new Cold War.  The crisis in Ukraine, the civil war in Syria, the price of oil, cyber-espionage and a whole host of other issues have brought tensions between the United States and Russia to a boiling point.

Many are hoping that relations with Russia will improve during the Trump administration, but the truth is that things could go either way.

It is important to remember that Trump will be surrounded by military people that are virulently anti-Russia.  For example, retired Marine General James Mattis has been nominated to be Defense Secretary, and this week he told Congress that Russia is the “principal threat” to U.S. security…

While much of the hearing has so far been without controveries, in the most striking moment so far, Mattis told the Senate Armed Services Committee that Russia stands as the “principal threat” to the United States’s security. He said this is because of its actions and efforts to “intimidate” other countries.

Senator John McCain questioned Mattis to get his opinion on how much of a threat Russia represents. Mattis response was that the world order is “under biggest attacks since WW2, from Russia, terrorist groups, and China’s actions in the South China Sea”, agreeing with the neocon senator that Russia is trying to break up NATO.

“I’m all for engagement” with Russia, “but we also have to recognize the reality of what Russia is up to,” Mattis told Senator Jack Reed (D-Rhode Island).

There is a great deal of concern that Trump’s view of Russia could be significantly shaped by strong military men such as Mattis.  Both Democrats and Republicans want Trump to become much more anti-Russia, and let us hope that he does not give in to the pressure.

Over in Russia, they view us very negatively as well.  A Gallup survey taken in mid-2016 found that current U.S. leadership (the Obama administration) only had a one percent approval rating in Russia.

Yes, you read that correctly.

You can’t get much lower than one percent.

The Russians consider themselves to be the great force for good in the world, and they consider the United States to be the great force for evil.  They openly talk about the possibility of nuclear war on their news broadcasts, and on one recent broadcast people were actually encouraged to locate the closest nuclear bomb shelter to their homes.

And in response to U.S. troops being deployed to Poland, the Russian government has deployed advanced anti-aircraft missile systems around Moscow…

Russia has deployed anti-aircraft missile systems around Moscow to protect the capital from attack in the latest sign Vladimir Putin is preparing for war.

The s-400 Triumph air defence system has been providing air cover for Russian forces in Syria since November, and is now being deployed on home soil.

It is capable of hitting moving airborne targets including planes and incoming missiles and has a range of 400km.

We should be very thankful that Barack Obama is leaving office, because right now we are on a path that leads to war with Russia.

Every American should be hoping that Donald Trump will work to greatly improve relations with the Russians, but all it would take is one wrong move for things to start deteriorating once again.

A new Cold War has begun, and the stakes are incredibly high…

After Raising Rates Once During The Obama Years, The Fed Promises Constant Rate Hikes During The Trump Era

janet-yellen-public-domainNow that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy.  Over the past several decades, the U.S. economy has always slowed down whenever interest rates have been raised significantly, and on Wednesday the Federal Open Market Committee unanimously voted to raise rates by a quarter point.  Stocks immediately started falling, and by the end of the session it was their worst day since October 11th.

The funny thing is that the Federal Reserve could have been raising rates all throughout 2016, but they held off because they didn’t want to hurt Hillary Clinton’s chances of winning the election.

And during Barack Obama’s eight years, there has only been one rate increase the entire time up until this point.

But now that Donald Trump is headed for the White House, the Federal Reserve has decided that now would be a wonderful time to raise interest rates.  In addition to the rate hike on Wednesday, the Fed also announced that it is anticipating that rates will be raised three more times each year through the end of 2019…

Fed policymakers are also forecasting three rate increases in 2017, up from two in September, and maintained their projection of three hikes each in 2018 and 2019, according to median estimates. They predict the fed funds rate will be 1.4% at the end of 2017, 2.1% at the end of 2018 and 2.9% at the end of 2019, up from forecasts of 1.1%, 1.9% and 2.6%, respectively, in September. Its long-run rate is expected to be 3%, up slightly from 2.9% previously. The Fed reiterated rate increases will be “gradual.”

So Barack Obama got to enjoy the benefit of having interest rates slammed to the floor throughout his presidency, and now Donald Trump is going to have to fight against the economic drag that constant interest rate hikes will cause.

How is that fair?

As rates rise, ordinary Americans are going to find that mortgage payments are going to go up, car payments are going to go up and credit card bills are going to become much more painful.  The following comes from CNN…

Higher interest rates affect millions of Americans, especially if you have a credit card or savings account, or want to buy a home or a car. American savers have earned next to nothing at the bank for years. Now they could be a step closer to earning a little more interest on savings account deposits, even though one rate hike won’t change things overnight.

Rates on car loans and mortgages are also likely to be affected. Those are much more closely tied to the interest on a 10-year U.S. Treasury bond, which has risen rapidly since the election. With a Fed hike coming at a time when interest on the 10-year note is also rising, that won’t help borrowers.

The higher interest rates go, the more painful it will be for the economy.

If you recall, rising rates helped precipitate the financial crisis of 2008.  When interest rates rose it slammed people with adjustable rate mortgages, and suddenly Americans could not afford to buy homes at the same pace they were before.  We have already been watching the early stages of another housing crash start to erupt all over the nation, and rising rates will certainly not help matters.

But why does the Federal Reserve set our interest rates anyway?

We are supposed to be a free market capitalist economy.  So why not let the free market set interest rates?

Many Americans are expecting an economic miracle out of Trump, but the truth is that the Federal Reserve has far more power over the economy than anyone else does.  Trump can try to reduce taxes and tinker with regulations, but the Fed could end up destroying his entire economic program by constantly raising interest rates.

Of course we don’t actually need economic central planners.  The greatest era for economic growth in all of U.S. history came when there was no central bank, and in my article entitled “Why Donald Trump Must Shut Down The Federal Reserve And Start Issuing Debt-Free Money” I explained that Donald Trump must completely overhaul how our system works if he wants any chance of making the U.S. economy great again.

One way that Trump can start exerting influence over the Fed is by nominating the right people to the Federal Open Market Committee.  According to CNN, it looks like Trump will have the opportunity to appoint four people to that committee within his first 18 months…

Two spots on the Fed’s committee are currently open for Trump to nominate. Looking ahead, Fed Chair Janet Yellen’s term ends in January 2018, while Vice Chair Stanley Fischer is up for re-nomination in June 2018.

Within the first 18 months of his presidency, Trump could reappoint four of the 12 people on the Fed’s powerful committee — an unusual amount of influence for any president.

By endlessly manipulating the economy, the Fed has played a major role in creating economic booms and busts.  Since the Fed was created in 1913, there have been 18 distinct recessions or depressions, and now the Fed is setting the stage for another one.

And anyone that tries to claim that the Fed is not political is only fooling themselves.  Everyone knew that they were not going to raise rates during the months leading up to the election, and it was quite clear that this was going to benefit Hillary Clinton.

But now that Donald Trump has won the election, the Fed all of a sudden has decided that the time is perfect to begin a program of consistently raising rates.

If I was Donald Trump, I would be looking to shut down the Federal Reserve as quickly as I could.  The essential functions that the Fed performs could be performed by the Treasury Department, and we would be much better off if the free market determined interest rates instead of some bureaucrats.

Unfortunately, most Americans have come to accept that it is “normal” to have a bunch of unelected, unaccountable central planners running our economic system, and so it is unlikely that we will see any major changes before our economy plunges into yet another Fed-created crisis.

14 Signs That There Is A Plot To Use Russia As An Excuse To Steal The Presidency From Trump On December 19th Or January 6th

14-sign-public-domainDonald Trump could have the election legally stolen from him on either December 19th when the Electoral College casts their votes or on January 6th when a joint session of Congress gathers to count those votes.  The establishment is in full-blown panic mode at this point, and they seem to have settled on “Russian interference in the election” as the angle that they plan to use to try to deny Trump the presidency.  As you will see below, there is an all-out effort to try to persuade members of the Electoral College that are supposed to be committed to Donald Trump to cast their votes for someone else instead.  And if that doesn’t work, the groundwork is being laid for the Electoral College votes to potentially be invalidated when a joint session of Congress meets to count those votes on January 6th.  I will explain how that would work later on in this article, but first let’s take a look at 14 signs that indicate that there is a plot to use Russia as an excuse to steal the presidency from Donald Trump…

#1 A group of 10 presidential electors has sent a letter to National Intelligence Director James Clapper asking to be briefed on Russian efforts to interfere in the election in November.  This group is being led by Nancy Pelosi’s daughter Christine.

#2 The Clinton campaign is publicly supporting the effort to arrange for the members of the Electoral College to be given an “intelligence briefing” on Russian interference in the election before they cast their votes.

#3 White House spokesman Josh Earnest claims that Donald Trump “called on Russia to hack his opponent” and that Trump “benefited from malicious Russian cyberactivity”.

#4 Senate Majority Leader Mitch McConnell has announced that he supports an investigation into “Russian election interference”.

#5 On Sunday, U.S. Senators Chuck Schumer, Jack Reed, John McCain and Lindsey Graham announced that they very much desire to see an investigation into Russian interference in the election.

#6 U.S. Representative David Cicilline is urging electors to consider the “extent that foreign interference in the United States presidential elections may have influenced the final result” before they cast their votes.

#7 U.S. Representative Jim Himes is calling Donald Trump “a danger to the republic” and is publicly encouraging members of the Electoral College to vote for someone other than Donald Trump on December 19th.  I don’t recall any member of Congress ever suggesting members of the Electoral College do such a thing in any other election.

#8 Time Magazine is openly lobbying for members of the Electoral College to vote for someone other than Donald Trump on December 19th.

#9 The former acting director of the CIA has boldly proclaimed that Russian attempts to alter the outcome of the election in November were “the political equivalent of 9/11”.

#10 Former CIA agent Bob Baer recently went on CNN and publicly called for a new election if it can be shown that the first election was not legitimate due to Russian interference.

#11 Former CIA operative and erstwhile presidential candidate Evan McMullin says that Donald Trump is “not a loyal American” because his views are not anti-Russian enough.

#12 The Huffington Post is touting a 1995 federal court ruling as a precedent that could be used to take the presidency from Donald Trump and hand it to Hillary Clinton if a court finds that Russian interference altered the outcome of the election.

#13 Hillary Clinton’s Communications Director Jennifer Palmieri is now claiming that a “foreign state” tried to hack her Gmail account just days before the election.

#14 Barack Obama has ordered the intelligence community to gather all of the evidence that it can find of Russian interference in the election and to deliver that evidence to him before he leaves office.

Most Trump supporters do not realize how very serious this is.  The establishment absolutely hates Trump and wants to find a way to keep him from taking office.  Now that they have gained traction with this “Russian hacking” angle, they plan to push this as hard as they can.  An article that was just posted by Time Magazine explained why this issue could potentially cause some members of the Electoral College to change their votes…

And still further, we now learn that the Russians played a significant role in manipulating information available to the American people in a concerted effort to bring about the election of Trump. Even if this was not Trump’s doing, is it not the duty of the members of the Electoral College to consider whether the 2016 presidential election was undermined by a foreign power? And mustn’t it matter that the foreign power did so in order to bring about the election of a particular candidate? As Alexander Hamilton made clear, this was, one of the chief concerns of the Framers. As Hamilton explained in The Federalist Papers, a primary reason for the Electoral College was the need to protect our nation against “the desire of foreign powers to gain an improper ascendant in our councils . . . by raising a creature of their own to the chief magistracy of the Union.”

Of course this is completely and utterly ridiculous, but this is the kind of mental gymnastics that they are going through right now.  They want to feel justified in denying Donald Trump the presidency, and so they are going to make this “Russian interference in the election” into the biggest issue that they possibly can.

Which is ironic, because as Paul Joseph Watson has pointed out, foreigners have been influencing our elections and we have been influencing foreign elections for many, many years…

Isn’t it funny how all you democrats who cry over foreign influence had no objection whatsoever to Saudi Arabia bankrolling Hillary’s campaign. You had no problem taking all that George Soros money, did you? You had no problem with the Obama State Department overthrowing the government of Ukraine. You had no problem with Obama interfering in the U.K.’s referendum on leaving the EU.

But ultimately this is not about Russian interference in our election.

Rather, this is all about the elite doing whatever is necessary to stop Donald Trump.  The elite are going to fight against him every step of the way, and they are never, ever going to give up.  This is a point that I made during an interview with Alex Jones on Monday…

The next key date that we need to be watching for is December 19th.

On Monday, members of the Electoral College will gather in Washington D.C. and in all 50 state capitols to cast their votes.  We know that at least one Republican elector that is supposed to be pledged to Trump will not be voting for him, and that elector claims that there are others that also will not be voting for Trump.

If 37 Republican electors can be persuaded to cast their votes for someone other than Trump, that would throw the election into the House of Representatives, and it is unclear what the House would do in that scenario.

If Trump is not stopped at the Electoral College, there is also the possibility that he could be derailed when a joint session of Congress gathers to count the Electoral votes on January 6th.

As I discussed yesterday, all it takes to force a vote on the validity of Electoral College votes is an objection in writing that is signed by at least one member of the House and one member of the Senate.  As the official House.gov website explains, if both the House and the Senate vote to approve the objection, the votes covered by the objection are not counted…

Since 1887, 3 U.S.C. 15 sets the method for objections to electoral votes. During the Joint Session, Members of Congress may object to individual electoral votes or to state returns as a whole. An objection must be declared in writing and signed by at least one Representative and one Senator. In the case of an objection, the Joint Session recesses and each chamber considers the objection separately in a session which cannot last more than two hours with each Member speaking for no more than five minutes. After each house votes on whether or not to accept the objection, the Joint Session reconvenes and both chambers disclose their decisions. If they agree to the objection, the votes in question are not counted. If either chamber does not agree with the objection, the votes are counted.

In both the Senate and the House, there are anti-Trump Republicans that would absolutely cherish the opportunity to deny him the presidency.

I don’t know if it will happen, but this Russian interference issue is the kind of thing that could be used to justify taking this kind of action.

Of course if the election was stolen from Donald Trump that would likely throw the entire nation into a state of chaos, but I think that at this point the elite would be willing to risk just about anything to keep Donald Trump out of the White House.

The Shocking Truth About How Barack Obama Was Able To Prop Up The U.S. Economy

barack-obama-looking-into-a-mirror-public-domainBarack Obama is one of the biggest “Keynesians” of all time, but unfortunately most Americans don’t even understand what that means.  In this article, I am going to share with you the primary reason why Barack Obama has been able to prop up the U.S. economy over the past eight years.  If Barack Obama had not taken the extreme measures that he did, we would be in the midst of a historic economic depression right now.  But by propping things up in the short-term, he has absolutely demolished our long-term economic future.  But like most politicians, Obama has been willing to sacrifice the future for short-term political gain.

If you take any basic college course in economics, you are going to learn about John Maynard Keynes.  Without a doubt, Keynes was one of the most famous economists of the 20th century, and one of the things that he believed was that governments should go into debt and spend more money when an economic downturn strikes.  By injecting additional funds into the economy during a time of crisis, he believed that the severity of recessions and depressions could be reduced.  This approach ultimately become known as “Keynesian economics”, and in the post-World War II era virtually the entire world embraced it at least to some degree.  Here is more on Keynes from Investopedia…

An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression. Keynes advocated increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the Depression. Subsequently, the term “Keynesian economics” was used to refer to the concept that optimal economic performance could be achieved – and economic slumps prevented – by influencing aggregate demand through activist stabilization and economic intervention policies by the government. Keynesian economics is considered to be a “demand-side” theory that focuses on changes in the economy over the short run.

Keynesian economists correctly point out that there is a “multiplier effect” to government spending.  In other words, when the government spends money it ends up in the hands of ordinary people.  In turn, those people spend that money on various goods and services that they need, thus boosting overall economic activity.  And the more the money circulates, the more the economy is stimulated.  So one dollar of additional government spending does not just add one dollar to GDP.  Rather, the impact on GDP is often significantly greater than that.

Of course the bad news is that whenever the government borrows money it is stealing consumption from the future.  So we are literally destroying the future that our children and our grandchildren were supposed to have in order to make the present look a little bit brighter.

When Barack Obama entered the White House, the U.S. was in the midst of the worst financial crisis since the Great Depression.  The Bush administration had already begun to ramp up spending, but Barack Obama took “government stimulus” to ridiculous new levels.  The national debt has risen by an average of more than 1.1 trillion dollars a year while Obama has been in charge, and this fiscal year we are on pace to add more than 2 trillion dollars to the debt.

At this moment, the U.S. national debt is a whopping $19,901,545,151,126.51, and it will cross the 20 trillion dollar mark by the time Donald Trump is inaugurated on January 20th.

But when Barack Obama was inaugurated, the national debt was only 10.6 trillion dollars.  That means that we have added about 9.3 trillion dollars to the debt since that time.

So we have borrowed and spent 9.3 trillion dollars under Obama that we did not have.  But because of the “multiplier effect”, that 9.3 trillion dollars actually had a far greater impact on the U.S. economy.

Let’s be conservative and just double that number.  So that would give us an 18.6 trillion dollar overall impact on U.S. economic activity.  Spread over eight years, that comes to an average GDP impact of 2.325 trillion dollars a year.

But over the last eight years U.S. GDP has only been averaging about 16 trillion dollars a year.  So if you took away 2.3 trillion dollars a year, that would be about one-eighth of our entire economy.

In other words, without all of this debt that Barack Obama and Congress have been getting us into, we would be in the worst economic depression in U.S. history right now.

And I haven’t even factored in state and local government debt, corporate debt or household debt.  The truth is that I am not exaggerating one bit when I say that we are enjoying a debt-fueled standard of living that we simply do not deserve.

But even with all of this debt, the U.S. economy has still not been performing really well.  In fact, Barack Obama is going to be the only president in U.S. history to not have a single year when U.S. GDP grew by at least three percent.

Despite what many in the mainstream media are telling you, the reality of the matter is that Donald Trump is going to inherit an economy that is deeply troubled.  If you doubt this, please see my previous article entitled “11 Very Depressing Economic Realities That Donald Trump Will Inherit From Barack Obama“.

Donald Trump is talking about cutting taxes and reducing regulations, and all of those things are good, but ultimately those measures are not going to matter that much.

What is going to matter is what Donald Trump decides to do about our exploding debt.

If Donald Trump wants the U.S. economy to continue to remain at least somewhat stable in the short-term, he is going to have to keep piling up debt like Obama has.  Because if Trump and the Republicans decide that they want to get our debt under control, that will plunge us into a horrifying economic depression almost immediately.

But if Donald Trump continues to steal money from future generations of Americans at the same pace that Barack Obama has been doing, he will literally be destroying the future of America.  It will be a crime on a scale that is almost beyond words, and if they get a chance to do it, future generations of Americans will look back and curse him for what he has done to us.

So Donald Trump is really in a no-win situation when it comes to the economy.

The only way that he can match Obama’s performance is to do what Obama did, but by doing so he would literally be killing the future.

As a nation we have been consuming far more wealth than we produce for a very, very long time, and the only way that we have been able to do this is because we have been able to go into so much debt.

But now a day of reckoning is fast approaching, and I am not sure if Donald Trump even realizes that he will soon be faced with some incredibly heartbreaking choices.

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