We just got more evidence that the middle class is being systematically eviscerated. According to a GOBankingRates survey that was just released, more than half the country has less than $1,000 in savings. So in the event of a major economic disaster of some kind, over 50 percent of the nation is going to be completely out of cash almost immediately. For years I have been writing about the steady decline of the middle class in the United States, but I still get astounded by numbers such as these. According to this new survey, only 25 percent of all Americans have $10,000 or more in savings at this point… (Read More...)
Hillary Almost Proposed ‘A Universal Basic Income’ In 2016, And The Idea Is Catching Fire Among Grassroots Democrats
Should you get free money from the U.S. government every month simply for being alive? That may sound like a crazy idea to many of us, but the truth is that this will likely be one of the biggest political issues in the 2020 presidential election. At this point, 40 percent of all Americans already “prefer socialism to capitalism”, and the concept of a “universal basic income” is starting to catch fire among grassroots Democrats. Many liberals are convinced that the time has come to fight for the right to “a minimum standard of living”, and one study by a “left-leaning” group found that giving every adult in the country $1,000 each month would increase the size of the U.S. economy by more than 2 trillion dollars… (Read More...)
Debt Nightmare: Does Anyone Actually Care That Our Exploding National Debt Is Destroying Our Future?
When will America finally wake up? The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles. We have willingly enslaved ourselves, our children and our grandchildren, and yet our addiction is so insatiable that we continue to add more than 100 million dollars to our debt load every single hour of every single day. The national debt is sitting at a grand total of $20,162,176,797,904.13 at this moment, but now that the debt ceiling has been lifted that number is expected to shoot up very rapidly toward 21 trillion dollars by the end of the year. The national debt had been held down by accounting tricks to keep it under the debt limit for many months, but every time this has happened before we have seen the national debt absolutely explode back to projected levels once the debt ceiling was raised. (Read More...)
Apocalyptic September? Here Is A List Of 27 Major Disasters That Have Already Happened So Far This Month
Two major hurricanes, unprecedented earthquake swarms and wildfires roaring out of control all over the northwest United States – what else will go wrong next? When I originally pointed to the month of September as a critical time, I had no idea that we would see so many catastrophic natural disasters during this time frame as well. Hurricane Harvey just broke the all-time record for rainfall in the continental United States, Hurricane Irma is so immensely powerful that it has been called “a lawnmower from the sky”, vast stretches of our country out west are literally being consumed by fire, and the magnitude-8.2 earthquake that just hit Mexico was completely unexpected. As I have stated so many times before, our planet is becoming increasingly unstable, but most people simply do not understand what is happening. (Read More...)
Hurricane Irma Is Being Called ‘A Lawnmower From The Sky’ And FEMA Warns It Will ‘Devastate’ The Southeast
It looks like Hurricane Irma is going to make landfall in south Florida on Sunday morning. Of course that could still change, but this is what the meteorologists are telling us at this point. But of course the exact spot where Irma makes landfall is not so important because of the absolutely immense size of this storm. Irma is going to cause chaos and devastation over a very large area, and just like Hurricane Harvey the recovery from this storm is literally going to be measured in years. (Read More...)
Irma Is Being Described As A ‘Nuclear Hurricane’ That Has Left One Island ‘Practically Uninhabitable’
Irma is not just another hurricane – it is a history making storm that is going to cause up to a quarter of a trillion dollars in damage once it makes landfall in the United States. In fact, Miami Beach Mayor Philip Levine used the term “nuclear hurricane” to describe this storm to the media. I would never use that term personally, but I am in agreement that it would be exceedingly difficult to overstate the danger that this storm represents. According to the National Hurricane Center, Irma has been a category 5 storm for more than 50 hours, and that is already one of the longest stretches on record. (Read More...)
Mainstream Media Viciously Attacks Republican Candidate For Congress For Suggesting ‘Category 6’ Should Be Created For Storms Like Irma
Somebody really needs to be fact checking the so-called “fact checkers”. A few days ago, I published an article in which I stated that “some have suggested that we need to add a ‘category 6’ to describe the kind of ‘super storms’ that are now developing in the Atlantic”. That article ended up going megaviral on Facebook, and there has been a tremendous backlash from the mainstream media. By their reaction, you would have thought that I just committed some very serious form of blasphemy, but the truth is that scientists have been talking about adding a “category 6” for more than a decade. Nothing that I said should have been controversial. In fact, if this had come from a liberal source the mainstream media would probably be gushing about how this is more evidence for their “global warming” narrative. But because I am a Republican and I am running for Congress, they had to attack me. (Read More...)
Hurricane Irma: If There Was Such A Thing As A Category 6 Hurricane, This Would Be It
Hurricane Irma has become even stronger than the most extreme forecasts were projecting. According to the National Hurricane Center, Irma had sustained winds of 185 miles per hour at one point on Tuesday. That makes it the strongest Atlantic hurricane in history “outside the Gulf of Mexico and Caribbean”. I was criticized for suggesting that Irma could become so powerful that it could potentially be labeled a “category 6” storm if such a thing existed. Well, now it has actually happened. If you extrapolate the Saffir-Simpson scale, “category 6” would begin at 158 knots, which would be 181.8 miles per hour. Since Irma has surpassed that mark, I believe that it is entirely reasonable if people want to refer to it as a “category 6” storm. (Read More...)