Alexandria Ocasio-Cortez’s Own Mother Moved Out Of New York Because The Taxes Were Too High

Alexandria Ocasio-Cortez continues to come up with new ways to bankrupt America, but meanwhile we have now learned that her mother actually moved out of New York because the taxes were too high.  When AOC’s father Sergio died, things got very tough financially for the family, and at one point Blanca Ocasio-Cortez was unable to pay the mortgage on the family home for an entire year.  But ultimately she was able to come to an agreement with the bank, and she ended up moving to Florida where taxes and the cost of living are much lower

‘I was cleaning houses in the morning and working as a secretary at a hospital in the afternoon. I was working from 6am until 11pm. And I prayed and prayed, and things worked out. After the children graduated from college, I figured it was time for me to move to Florida.’

Blanca said it was a no-brainer, adding: ‘I was paying $10,000 a year in real estate taxes up north. I’m paying $600 a year in Florida. It’s stress-free down here.’

And of course it greatly helps that there is no state income tax in Florida, while New York has the highest tax burden in the entire country by a wide margin.

Things are particularly oppressive in New York City.  On top of federal taxes, state taxes, exceedingly high property taxes and a whole bunch of other taxes, the city itself also imposes an income tax on those residing there.

By the time it is all said and done, some New Yorkers end up handing over close to 50 percent of their incomes to various government entities once all forms of taxation are taken into consideration.

This is the socialist environment that has given us Alexandria Ocasio-Cortez.

And it isn’t as if the money is being used well.  In fact, it has just been revealed that Mayor Bill de Blasio’s wife was handed $900,000,000 for a mental health program, and nobody seems to know what happened to the money

New York City Mayor Bill de Blasio’s wife, Chirlane McCray, was given $900 million to start a mental health initiative focusing on helping the homeless in the city. Four years later, no one seems to know what that money was actually used for, according to the New York Post.

The City Council discovered this shocking amount of potential waste during a meeting Wednesday. And while it sounds good to spend heavily on a mental health initiative, it appears that nobody has noticed any real benefits from that investment.

Perhaps NYC would have been better off spending that money bolstering their police.

So far in 2019, the murder rate in the city is up 37 percent compared to last year.

New York City is a total mess, and now AOC wants to make the entire nation just like it.

But AOC is far more ambitious than your typical tax and spend liberal.  She wants to take government spending to crazy new levels that nobody has ever seen before.

For example, one new study has determined that AOC’s “Green New Deal” would cost U.S. taxpayers approximately 93 trillion dollars.  The following comes from Fox News

The sweeping “Green New Deal” proposed by Rep. Alexandria Ocasio-Cortez, D-N.Y., could cost as much as $93 trillion, or approximately $600,000 per household, according to a new study co-authored by the former director of the nonpartisan Congressional Budget Office.

The sobering and staggering cost estimate came as Democratic presidential hopeful Kamala Harris pointedly declined in an interview broadcast Sunday to put a price tag on the Green New Deal and “Medicare-for-all,” saying “it’s not about a cost,” but rather return on investment. The Green New Deal’s botched rollout included the release of an official document by Ocasio-Cortez’s office that promised economic security even for those “unwilling to work,” and called for the elimination of “farting cows” and air travel.

To put that number in perspective, U.S. GDP is about 19 trillion dollars a year, and the U.S. national debt is sitting at just over 22 trillion dollars right now.

It is easy to attack AOC, because she is the perfect member of Congress for the “idiocracy” that America has become.

She literally doesn’t know what she is talking about on just about any issue that you could possibly name, but the people of her district decided to send her to Washington anyway.  And the frightening thing is that there are quite a few other new members of Congress that are even worse than her.

But as bad as AOC is, I have to give her credit for one thing.

At least she is willing to stand up and fight for what she believes.

If you regularly follow my work, you already know that I can’t stand the “seat fillers” in Washington that are interested in little more than protecting their political careers at all costs.  They never make any waves, they never fight for anything important, and they spend most of their time raising money for the next campaign.

Because if you do stick your neck out in Washington, very powerful people will likely bring the hammer down on you, and that is something that AOC is finding out right now

Two political action committees founded by Rep. Alexandria Ocasio-Cortez’s top aide funneled over $1 million in political donations into two of his own private companies, according to a complaint filed with the Federal Election Commission on Monday.

The cash transfers from the PACs — overseen by Saikat Chakrabarti, the freshman socialist Democrat’s chief of staff — run counter to her pledges to increase transparency and reduce the influence of “dark money” in politics.

Chakrabarti’s companies appear to have been set up for the sole purpose of obscuring how the political donations were used.

Of course the truth is that just about every member of Congress is deeply corrupt and should be kicked out of office.

But until the American people wake up and decide to take their government back, this is what we are stuck with, and that is a very depressing reality.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

A New Study Discovers Two-Thirds Of All Bankruptcies In The United States Are Primarily Caused By Medical Bills

Our health insurance system is theoretically supposed to prevent Americans from going bankrupt when they are hit by huge medical bills.  But in case after case, that is simply not happening.  Even though more Americans are “covered by health insurance” than ever before, a new study has found that “about 530,000 families each year are financially ruined by medical bills and sicknesses”, and most of those families actually had health insurance.  These days, most health insurance policies closely resemble Swiss cheese because they are so full of loopholes, and health insurance companies have become masters at finding ways to wiggle off the hook.  So every year hundreds of thousands of American families find themselves facing huge medical bills that they did not expect to be paying, and as a result medical expenses are the primary factor in 66.5 percent of all personal bankruptcy filings in the United States…

For many Americans, putting one’s health first can mean putting one’s financial status at risk. A study of bankruptcy filings in the United States showed that 66.5% were due, at least in part, to medical expenses.

The study, led by Dr. David Himmelstein, Distinguished Professor at the City University of New York’s (CUNY) Hunter College and Lecturer at Harvard Medical School, indicates that about 530,000 families each year are financially ruined by medical bills and sicknesses. It’s the first research of its kind to link medical expenses and bankruptcy since the passage of the Affordable Care Act (ACA) in 2010.

But wasn’t Obamacare supposed to make things better?

Yes, that was what we were promised, but the authors of the study discovered that the percentage of bankruptcies caused by medical bills actually went up by 2 percent after Obamacare went into effect…

The current study found no evidence that the ACA reduced the proportion of bankruptcies driven by medical problems: 65.5% of debtors cited a medical contributor to their bankruptcy in the period prior to the ACA’s implementation as compared to 67.5% in the three years after the law came into effect. The responses also did not differ depending on whether the respondent resided in a state that had accepted ACA’s Medicaid expansion. The researchers noted that bankruptcy is most common among middle-class Americans, who have faced increasing copayments and deductibles in recent years despite the ACA. The poor, who were most helped by the ACA, less frequently seek formal bankruptcy relief because they have few assets (such as a home) to protect and face particular difficulty in securing the legal help needed to navigate formal bankruptcy proceedings.

Even though more Americans are “in the system” than ever before, clearly what we are doing is simply not working.

As I detailed in my article entitled “$3.5 Trillion A Year: America’s Health Care System Has Become One Of The World’s Largest Money Making Scams”, our health care industry has become all about grabbing as much money as humanly possible.  We are being taken advantage of when we are at our most vulnerable, and the level of greed that we see in the system is absolutely sickening.

As Dr. David Himmelstein has astutely observed, most Americans are “just one serious illness away from bankruptcy”…

Dr. David Himmelstein, the lead author of the study, a Distinguished Professor at the City University of New York’s (CUNY) Hunter College and Lecturer at Harvard Medical School commented: “Unless you’re Bill Gates, you’re just one serious illness away from bankruptcy. For middle-class Americans, health insurance offers little protection. Most of us have policies with so many loopholes, copayments and deductibles that illness can put you in the poorhouse. And even the best job-based health insurance often vanishes when prolonged illness causes job loss – just when families need it most.”

You may think that your health insurance policy is somehow different.

You may actually believe that your health insurance company will be there for you when you need them the most.

And they might be.  But the truth is that hundreds of thousands of American families have discovered that most health insurance companies will turn on you the moment it becomes advantageous for them to do so.

It turns out that most doctors dislike the health insurance companies too.  Just check out these numbers

Are health insurance policies creating nightmares for physicians and hazards for their patients? A new study finds that nearly nine in ten doctors believe barriers set by insurance plans have led to worsened conditions for patients in need of care.

Researchers with Aimed Alliance, a non-profit that seeks to protect and enhance the rights of health care consumers and providers, say that doctors are so fed up with the constant headaches caused by insurers, two-thirds would recommend against pursuing a career in medicine, and nearly half (48%) are considering a career change altogether.

If health insurance companies acted with compassion and always fulfilled the promises that they made, then the rest of us wouldn’t be so hard on them.

But of course the health insurance companies look like saints when compared to the ultra-greedy pharmaceutical companies.  When one pharmaceutical company recently hiked the annual price of a low-cost drug to $375,000, it just about caused Senator Bernie Sanders to cough up a lung

Sen. Bernie Sanders sent a blistering letter to a pharmaceutical company on Monday, demanding answers about its decision to charge $375,000 for a formerly low-cost drug and calling it corporate greed at its worst.

“Catalyst’s decision to set the annual list price at $375,000 is not only a blatant fleecing of American taxpayers, but is also an immoral exploitation of patients who need this medication,” the independent senator from Vermont wrote. “Simply put, it is corporate greed.

“I am profoundly concerned that Catalyst’s actions will cause patients to suffer or die.”

Fixing our deeply, deeply broken health care system has got to be a top national priority, but at this point neither party has a plan that will turn things around.

So we are stuck with what we have currently got, and it is getting worse with each passing day.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

Taxes, Taxes And More Taxes: The Radical Economic Agenda Of The Left Has A Surprising Level Of Public Support

The left wants to raise your taxes, and most Americans are okay with that.  I was shocked by the numbers that I am about to share with you, and I think that you will be shocked too.  Once upon a time, being labeled as a “tax and spend liberal” was one of the worst things that could happen to a politician.  During the presidential election of 1984, Walter Mondale was very honest about the fact that he wanted to raise taxes on the American people, and Ronald Reagan absolutely crushed him with that.  In the end, it was one of the greatest election night landslides in history.  But this time around we could potentially see the opposite.  If things go badly for Trump, we could actually see a “tax and spend liberal” turn the map mostly blue in 2020.  I know that sounds very, very strange, but the latest poll numbers show that the American people strongly support raising taxes on the wealthy.

For example, the most recent Politico poll found that 76 percent of registered voters believe that taxes should be raised on the richest Americans…

Surveys are showing overwhelming support for raising taxes on top earners, including a new POLITICO/Morning Consult poll released Monday that found 76 percent of registered voters believe the wealthiest Americans should pay more in taxes. A recent Fox News survey showed that 70 percent of Americans favor raising taxes on those earning over $10 million — including 54 percent of Republicans.

Those numbers are absolutely overwhelming.

When even a Fox News survey shows that most Republicans want higher taxes, then you know that something has dramatically changed.

And this high level of support for tax increases persists even when voters are asked about specific proposals from Democrats on the far left.  If you can believe it, 59 percent of Americans are even in favor of AOC’s proposal to raise the highest marginal tax rate to 70 percent

A plan from first-term Rep. Alexandria Ocasio-Cortez (D-N.Y.) to slap a 70 percent marginal rate on income earned over $10 million clocked in at 59 percent support in a recent Hill/HarrisX poll.

The new POLITICO/Morning Consult poll, conducted Feb. 1-2, found that 61 percent favor a proposal like the “wealth tax” recently laid out by Sen. Elizabeth Warren (D-Mass.) that would levy a 2 percent tax on those with a net worth over $50 million and 3 percent on those worth over $1 billion. Just 20 percent opposed the idea. The poll surveyed 1,993 registered voters and carries a margin of error of plus or minus 2 percent.

To me, voting for politicians that unashamedly want higher taxes is kind of like voting for more root canals or more telemarketing calls during dinner.

But right now the poll numbers clearly show that the left is winning the battle for hearts and minds, and that is a huge problem for the Republican Party.

Today, many Democrats work very hard to fight for their agenda in the court of popular opinion, but meanwhile most Republicans in Congress are simply “seat fillers” that make absolutely no effort to educate the public.  This is something that must change if Republicans hope to ever turn things around.

So why do Democrats want higher taxes?

Well, the primary reason they need higher taxes is to pay for multi-trillion dollar programs such as the “Green New Deal” and “Medicare For All”.

In particular, the “Green New Deal” would take an insane amount of money to implement.  Here is a summary of some of the craziest proposals in the “Green New Deal” that was put together by Michael Palicz

  • Rebuild every single building in the U.S.

“Upgrade or replace every building in US for state-of-the-art energy efficiency.”

  • Will end all traditional forms of energy in the next ten years.

The Green New Deal is “a 10-year plan to mobilize every aspect of American society at a scale not seen since World War 2 to achieve net-zero greenhouse gas emissions.”

  • Plans to ban nuclear energy within 10 years if possible.

“It’s unclear if we will be able to decommission every nuclear plant within 10 years, but the plan is to transition off of nuclear and all fossil fuels as soon as possible.”

  • Build trains across oceans and end all air travel!

“Build out highspeed rail at a scale where air travel stops becoming necessary”.

  • Don’t invest in new technology of Carbon Capture and Storage, just plant trees instead!

“We believe the right way to capture carbon is to plant trees and restore our natural ecosystems. CCUS technology to date has not proven effective.”

  • Mandates all new jobs be unionized.

“Ensure that all GND jobs are union jobs that pay prevailing wages and hire local.”

Nobody knows for sure what all of that will cost, but needless to say the total would be in the trillions of dollars.

But most Americans are not in favor of higher taxes on the wealthy because they want to see such radical proposals come to fruition.

Rather, they like the idea of higher taxes because they think somehow they will get some goodies out of it.

In recent years, politicians on the far left have gotten a lot of mileage out of turning all of our basic needs into “rights”.  They have been boldly declaring that all Americans should have a “right” to housing, health care and a basic college education even if they don’t want to work for those things.

But if you are “entitled” to something, then that means that somebody else has to pay for it.

And most Americans are in favor of that concept until it becomes their turn to pay.

The Babylon Bee is a satire website, and their recent article about taxes was quite humorous

Americans all over the country suggested they are OK with a majority of the people voting to take a minority of the people’s money, as long as they are not part of that minority.

“I am a very generous person, so I believe everyone else needs to pay their fair share,” said Lyle Hartright of Maine. “Everyone that isn’t me, I mean.”

“These are stunning results,” said one analyst. “We always believed that Americans were generous, but we never knew how generous. To offer to raise taxes to 70% or more on other people just goes to show how much compassion people have.”

America has already traveled quite far down the road toward socialism, and instead of reversing course, it looks like the American people want to pick up the pace.

But all we have to do to see where that road leads is to look at Venezuela.  Unfortunately, most Americans are not making that connection at this point.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters.  His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News.  From there, his articles are republished on dozens of other prominent websites all over the nation.  If you would like to republish his articles, please feel free to do so.  The more people that see this information the better, and we need to wake more people up while there is still time.

Elizabeth Warren’s Annual Wealth Confiscation Tax Would “Redistribute” 2.75 Trillion Dollars Over 10 Years

Elizabeth Warren is making it exceedingly clear that she is a socialist, and that is quite frightening considering the fact that she could potentially become our next president.  Unless some really big name unexpectedly enters the race, there is a decent chance that Elizabeth Warren could win the Democratic nomination in 2020.  And if she ultimately won the general election, the Democrats would likely have control of both the House and the Senate during her first two years in the White House as well.  So that means that the proposal that you are about to read about could actually become law in the not too distant future.

After AOC’s proposal to raise the top marginal tax rate to 70 percent received so much favorable attention, it was just a matter of time before Democratic presidential candidates started jumping on the “soak the rich” bandwagon, and the first one to strike was Elizabeth Warren.

When she announced her new proposal on Twitter, she dubbed it the “Ultra-Millionaire Tax”

We need structural change. That’s why I’m proposing something brand new – an annual tax on the wealth of the richest Americans. I’m calling it the “Ultra-Millionaire Tax” & it applies to that tippy top 0.1% – those with a net worth of over $50M.

It would be bad enough if this was just a one-time tax on wealth.

But it isn’t.

Please note the use of the word “annual” in Warren’s tweet.  That means that the rich would keep getting hit with this tax year after year after year.

Those with more than 50 million dollars in assets would pay a 2 percent tax each year, and those with more than a billion dollars in assets would pay 3 percent each year

The Post reported that Warren has been advised by Saez and Gabriel Zucman, left-leaning economists affiliated with the University of California, Berkeley, on a deal that would levy a 2 percent wealth tax on Americans with $50 million-plus in assets. For Americans with assets above $1 billion, that tax rate would increase to 3 percent.

The newspaper, citing a person familiar with the plan, reported that Warren’s plan would try to counter tax evasion by boosting funding for the IRS, and by levying a one-time tax penalty on people with more than $50 million who try to renounce their U.S. citizenship. It would also require that a certain number of people who pay the wealth tax be subject to annual audits, the Post reported.

3 percent may not sound like a lot to many of you.  But over the course of a couple of decades many families could have their fortunes almost completely wiped out by this wealth confiscation tax.

According to economist Emmanuel Saez, this new tax would be imposed upon approximately 75,000 families and would raise 2.75 trillion dollars over 10 years.

Clearly this is a move by Warren to appeal to the progressive wing of the Democratic Party.  I really like how Zero Hedge made this point…

Elizabeth Warren has never been a friend to the wealthy. But in the age of Bernie Sanders and Alexandria Ocasio-Cortez, merely advocating for “holding the rich accountable” simply doesn’t penetrate like it did back in 2008. And that’s because, on the left flank of the Democratic Party, you’re not really a progressive unless you believe that the existence of billionaires is a policy error.

And surprisingly, there is actually a lot of public support for such a proposal.  In fact, a recent Fox News poll found that Americans overwhelmingly support soaking the rich…

Voters support tax increases on families making over $10 million annually by a 46-point margin (70 percent favor-24 percent oppose), and support a hike on those making over $1 million by 36 points (65-29 percent).

There is less support for a broader tax increase: 44 percent favor raising rates on those with income over $250,000, and a small minority, 13 percent, approves of an increase on all Americans.

Of course so much depends on how a survey is worded.  For example, I would be willing to bet that a survey would show that well over 50 percent of all Americans would back my proposal to abolish the income tax completely.

Over the coming months, Democratic presidential contenders are going to be continuously trying to one up each other with their promises to tax the rich and give out free stuff.  By the end, someone out there may even be promising to give free rides to the Moon to everyone.

But if Elizabeth Warren really wants to be considered a serious contender, she needs to eliminate the ridiculous gaffes that have plagued her in the past.  For instance, she recently claimed that we have “two co-equal branches of government”

Freshman Rep. Alexandria Ocasio-Cortez, D-N.Y., already has declared that the government has “three chambers of Congress,” the House, the Senate and the presidency.

Now, Sen. Elizabeth Warren, D-Mass., has claimed on Twitter that the government has “two co-equal branches of government, the president of the United States and Congress.”

“The Notorious RBG (Supreme Court Justice Ruth Ginsburg) is gonna be ticked off that she’s been forgotten again,” said a post on the Twitter news-aggregating site Twitchy.

And there is certainly no excuse for such a gaffe, because she used to be a law professor.

In the end, it is difficult to understand why so many Americans seem to want to march down the road toward socialism.  Because as President Trump has noted, Venezuela has shown us where that road leads

“We’re looking at Venezuela, it’s a very sad situation,” Trump told reporters. “That was the richest state in all of that area, that’s a big beautiful area, and by far the richest — and now it’s one of the poorest places in the world. That’s what socialism gets you, when they want to raise your taxes to 70 percent.”

He added: “You know, it’s interesting, I’ve been watching our opponents — our future opponents talk about 70 percent. No. 1, they can’t do it for 70 percent, it’s got to be probably twice that number. But, maybe more importantly what happens is you really have to study what’s happened to Venezuela. It’s a very, very sad situation.”

Unfortunately, political proposals don’t have to actually make sense, and right now Elizabeth Warren is doing all that she can to win the progressive vote.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters.  His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News.  From there, his articles are republished on dozens of other prominent websites all over the nation.  If you would like to republish his articles, please feel free to do so.  The more people that see this information the better, and we need to wake more people up while there is still time.

Shock Survey: 59 Percent Of Americans Support Alexandria Ocasio-Cortez’s Proposal To Raise The Top Tax Rate To 70%

Although she has only been in Congress for less than a month, Alexandria Ocasio-Cortez is getting more attention than any other member of the U.S. House of Representatives.  She has been setting social media ablaze with her posts about the inner workings of Congress, the mainstream media is constantly gushing about her, and now she has been tapped to teach her fellow Democrats “how to be good at Twitter”.  She is getting rave reviews for taking on the corrupt establishment in both political parties, but the bad news is that she literally doesn’t know what she is talking about on virtually every single important issue.  She is like a five-year-old kid that has been set free to run wild in a toy store, and her misdirected enthusiasm is bound to get her into all sorts of trouble.

It is a good thing to be idealistic, as long as you have the right ideals.

Unfortunately for Ocasio-Cortez, her head has been filled with all sorts of socialist nonsense.  During a recent interview with 60 Minutes, she proposed raising the top income tax rate to “as high as 60 or 70 percent”

“You look at our tax rates back in the ’60s and when you have a progressive tax rate system, your tax rate, let’s say from zero to $75,000, may be 10 percent or 15 percent, etc. But once you get to the tippy-tops —  on your 10 millionth dollar — sometimes you see tax rates as high as 60 or 70 percent. That doesn’t mean all $10 million are taxed at an extremely high rate, but it means that as you climb up this ladder, you should be contributing more.”

Do you think that anyone is going to want to work hard to earn an extra dollar once their income reaches a level where each extra dollar is being taxed at 70 percent?

The truth is that socialism kills the incentive to work hard, and it is hard work that fuels economic growth.

If somebody works really hard to earn a dollar, it is immoral for somebody else to come in and grab 70 percent of that dollar just because they can.  But an increasing percentage of Americans are fully embracing the idea of “radical wealth redistribution”, and a shocking new poll contains some numbers that are almost too crazy to believe.

According to this new survey, 59 percent of all Americans support raising the highest tax rate to 70 percent

Rep. Alexandria Ocasio-Cortez (D-N.Y.) and her Republican critics have both called her proposal to dramatically increase America’s highest tax rate “radical” but a new poll released Tuesday indicates that a majority of Americans agrees with the idea.

In the latest The Hill-HarrisX survey — conducted Jan. 12 and 13 after the newly elected congresswoman called for the U.S. to raise its highest tax rate to 70 percent — a sizable majority of registered voters, 59 percent, supports the concept.

Even as I write this article, I am still having a hard time wrapping my head around the fact that most Americans want tax rates to be that high.

But this is the reality of the “Robin Hood mentality” that is sweeping the nation.  Most people seem to think that we should “take from the rich” and “give to the poor”, and that even includes a lot of so-called “conservatives”.

In fact, that same survey found that 45 percent of Republicans actually support what Ocasio-Cortez is proposing…

Increasing the highest tax bracket to 70 percent garners a surprising amount of support among Republican voters. In the Hill-HarrisX poll, 45 percent of GOP voters say they favor it while 55 percent are opposed to it.

Independent voters who were contacted backed the tax idea by a 60 to 40 percent margin while Democratic ones favored it, 71 percent to 29 percent.

What in the world has happened to us?

We have already traveled very far down the road toward socialism, and now key leaders on the left such as Ocasio-Cortez want to take us the rest of the way.

This is why we need a new generation of leaders in America that are willing to do more than just get elected to office.  We need educators that are willing to work hard to win the battle for hearts and minds.  We need men and women of character that will be able to communicate why the values that America was founded upon are so great and why we need to return to them.  And we need fighters that have the courage to intellectually contend for the future of our nation while there is still time to do so.

Even though virtually everything that she believes is wrong, at least Alexandria Ocasio-Cortez has enough passion to stand up for what she believes.  That is more than can be said for the soy latte drinking wimps on the right that never want to offend anyone so that they can extend their political careers for as long as possible.

At this point the left is rapidly taking control of the national conversation, and Rasmussen just released a national survey that shows that if Ocasio-Cortez ran for president in 2020 she would almost have as much support as Trump

A new Rasmussen Reports national telephone and online survey finds that, if the 2020 presidential race was between Trump and Ocasio-Cortez, 43% of Likely U.S. Voters would vote for Trump, while 40% would vote for Ocasio-Cortez. A sizable 17% are undecided.

Fortunately, Ocasio-Cortez is not old enough to run for president yet.

But someday she will be.

We are in a tremendous amount of trouble as a nation, and we are rapidly running out of time to do anything about it.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters.  His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News.  From there, his articles are republished on dozens of other prominent websites.  If you would like to republish his articles, please feel free to do so.  The more people that see this information the better, and we need to wake more people up while there is still time.

The One Election Scenario That Would Be A “Disaster” For The Financial Markets

On Tuesday night all of the speculation about the midterm elections will mercifully be over, and there is one potential outcome that is being called a “disaster” for the financial markets.  Over the past couple of years, stock prices have soared to unprecedented levels, and Wall Street has seemed to greatly appreciate the pro-business environment that President Trump has attempted to cultivate.  Regulations have been rolled back, corporate taxes have been reduced significantly, and many corporate executives no longer fear that the federal government is out to get them.  But after Tuesday, everything could be different.

The most likely outcome appears to be that the Democrats will take control of the House of Representatives and the Republicans will remain in control of the Senate.  For what it is worth, Nate Silver is currently projecting that the Democrats have an 88 percent chance of winning the House and only a 19 percent chance of winning the Senate.

But of course he was also projecting a huge landslide victory for Hillary Clinton in 2016.

In any event, a divided Congress would create gridlock in Washington, and according to Wedbush Securities managing director Steve Massocca that would produce “some negative fallout” for the financial markets…

Steve Massocca, Wedbush Securities managing director said there could be some negative fallout from a split Congress, since Democrats would hold committee chairmen seats in the House. “To what extent are they able to disrupt the Trump agenda will weigh on peoples’ minds,” he said.

“Donald Trump, the agenda, is very good for the markets. Less regulation, lower taxes,” he said.

But in the end, such a scenario is not likely to move stock prices too substantially.

However, if the Democrats are able to take control of both houses of Congress on Tuesday, Massocca believes that would truly be a “disaster” for stock prices…

The least likely scenario—a Democratic sweep— is also seen as the most negative for stocks.

“Disaster,” said Massocca.

Normally by now we would have a really good idea of what is going to happen tomorrow, but at this point the polls are all over the place.

For example, the last generic poll conducted by CNN has Democrats up by 13 points, but the last generic poll conducted by Rasmussen has Republicans in the lead

One day before Americans head to cast their ballots in the crucial midterm congressional elections, two final polls conducted by CNN and Rasmussen have predicted wildly different results.

The final generic poll conducted by left-leaning CNN has put Democrats 13 points ahead of Republicans. Meanwhile, a separate poll carried out by the more right-leaning Rasmussen agency has suggested that Republicans are leading, but by a much smaller margin of one point.

For the record, Rasmussen was more accurate back in 2016, and in only about 24 hours we will find out who was more accurate this time around.

There are some that are entirely convinced that Republicans will be able to maintain control of both houses of Congress, and needless to say that would almost certainly cause a huge surge on Wall Street.  In fact, one Nevada lawyer is so sure that Republicans will maintain control of the House of Representatives that he just flew to London and bet $130,000 of his own money on that outcome…

A big political gambler I met in Las Vegas in 2016 is in London betting that the Republican Party will keep control of the U.S. Congress. Robert Barnes is essentially wagering that U.S. pollsters haven’t fixed any of the problems that led them astray during the 2016 presidential campaign.

Barnes, a trial lawyer, lives in Las Vegas, frequenting the city’s sportsbooks, but he has to travel to the British Isles to wager on U.S. politics since it’s not allowed in the U.S. On this side of the Atlantic, the bookies know him as a high roller; the political betting team at Ladbrokes even tweeted his photo to mark his arrival and his 100,000 pound ($130,000) bet on the Republicans’ House majority. Given that the entire U.S. primaries betting market is in the single millions in the U.K. and Ireland, that’s quite momentous.

$130,000 is an enormous amount of money, and so I hope that he knows what he is doing.

On the other side, Nancy Pelosi is so confident about the outcome that she has already declared victory on national television.

But of course many other leading Democrats are extremely nervous right now.  They remember the election night debacle of 2016, and they are concerned that something like that might happen again.

Democratic pollster John Anzalone is describing what they are going through as “the bed-wetting phase”

Haunted by memories of 2016, liberals around the country are riven with anxiety in the campaign’s homestretch. They’re suspicious of favorable polls and making election night contingency plans in case their worst fears come true. Some report literal nightmares about a Democratic wipeout.

“We’re kind of just in the bed-wetting phase now,” said Democratic pollster John Anzalone, a Hillary Clinton campaign alumnus who spent election night 2016 in Clinton’s Manhattan war room.

If the Democrats are unable to take the House, that will probably mean that a late “red wave” has saved the day for the Republicans and it will also probably mean that they will likely increase their Senate majority by a little bit.

In that scenario, we will see a lot more than “bed-wetting” from the left.  Their hopes have been pinned on these midterm elections for nearly two years, and a crushing loss could set off a national temper tantrum of frightening proportions.

About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.

The Last Days Warrior Summit is the premier online event of 2018 for Christians, Conservatives and Patriots.  It is a premium members-only international event that will empower and equip you with the knowledge and tools that you need as global events begin to escalate dramatically.  The speaker list includes Michael Snyder, Mike Adams, Dave Daubenmire, Ray Gano, Dr. Daniel Daves, Gary Kah, Justus Knight, Doug Krieger, Lyn Leahz, Laura Maxwell and many more. Full summit access will begin on October 25th, and if you would like to register for this unprecedented event you can do so right here.

10 Numbers That Prove That We Are Rapidly Becoming A Nation Of Government Dependents

As the middle class disintegrates and poverty grows, more Americans than ever are becoming dependent on the government just to survive.  Today, we live in a country where most workers do not earn enough to support a middle class family, and we are seeing the homelessness crisis spiral out of control in major cities on both coasts.  During this election cycle, many conservatives have been freaking out that an increasing number of Democrats are openly embracing socialism, but the truth is that we are already most of the way to becoming a socialist country.  In fact, as you will see below, more than half of all Americans currently receive more money from the government than they pay in taxes.  We have become absolutely addicted to government money, and this is one of the major trends that is eating away at our nation like cancer.

The government is not supposed to take care of us from the cradle to the grave.

Rather, our founders understood that the proper role of government is to create and protect an environment of liberty and freedom where we would be empowered to take care of ourselves.

Today, most Americans cannot independently take care of themselves, and that makes them dependents.  And when you are a dependent, you aren’t really free.

One of the reasons why I write so much about the decline of the middle class is because it is an existential threat to our way of life.  If you look around the world, or if you go back through history, you will see that tyrannical regimes tend to thrive when populations are poor and cannot stand up for themselves.  If we want our Republic to survive, we need a strong, independent population that is not economically dependent on the government.  That is what we had throughout most of our history, and that is now what we are rapidly losing.

Just because you are working does not mean that you are independent.  At this point, most jobs do not pay enough to support a middle class family, and the ranks of the “working poor” continue to explode.  In reality, Americans are working harder than ever in 2018, and yet things continue to deteriorate.

The following are a few numbers that prove that we are rapidly becoming a nation of government dependents…

Over half the country now receives more in government transfer payments than they pay in taxes.

-According to one recent survey, the cost of living is higher than the median income in 42 U.S. states.

-Today, 50 percent of all American workers make less than $30,533 a year.

62 percent of Americans say that their financial situations have not improved since the last presidential election.

And here are six more from my friend Alan Yerushalmi

If things are this bad now, how dreadful will the outlook be once we are deep into the next recession?

History has shown that once national governments begin to expand in size, they usually keep expanding until they ultimately collapse.

Sadly, a large portion of the population has become convinced that the government should be in the business of handing out as much “free stuff” as possible.  Housing, healthcare and college education are now being called “human rights”, and tens of millions of our fellow citizens feel that they are entitled to be given these things by the government.  Needless to say, this has chilling implications for the future of our country, and I really like how Ryan McMaken made this point in his most recent article

The political implications of this are considerable. As Ludwig von Mises once noted, once we get to the point that a majority of the voting population receives more in benefits than it pays in taxes, then voters will demand more and more wealth be transferred to them through government programs. It will then become politically necessary to extract larger and larger amounts of wealth from a minority in order to subsidize the majority.

Market economics will become less and less popular because the voters will have realized they can — in the words of James Bovard — “vote for a living” instead of work for a living.

Every additional dollar that the federal government spends is an additional dollar that is being stolen from our children and our grandchildren, and we are already more than 21 trillion dollars in debt.

We have been on the greatest debt binge in human history, and that debt binge delayed our day of reckoning, but it did not cancel it.

In fact, one of my contacts just emailed me with some deeply troubling information.  He has a customer that is a Bank of America board member, and that board member told him that they expect things to really start falling apart by late March “at the latest”.  This is word for word what my contact told me…

“I had a customer this past Saturday who was a very high ranking Bank of America board member, and she said in the meetings, they expect late March, at the latest, that things will really start to disintegrate fairly quickly or very quickly. That was AT THE LATEST she said.”

When I say that “dark days are ahead”, I am not using hyperbole.  We really have reached a turning point, and things will never be the same again.

The relentless march of time is inexorable, and eventually the clock runs out for everyone.  America has been living on borrowed time for quite a while, and a perfect storm is looming on the horizon.

About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.

The Last Days Warrior Summit is the premier online event of 2018 for Christians, Conservatives and Patriots.  It is a premium members-only international event that will empower and equip you with the knowledge and tools that you need as global events begin to escalate dramatically.  The speaker list includes Michael Snyder, Mike Adams, Dave Daubenmire, Ray Gano, Dr. Daniel Daves, Gary Kah, Justus Knight, Doug Krieger, Lyn Leahz, Laura Maxwell and many more. Full summit access will begin on October 25th, and if you would like to register for this unprecedented event you can do so right here.

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