Major U.S. Cities Are Becoming Fentanyl-Infested Cesspools As Millions Plunge Into Hopelessness And Despair

If you live near a major U.S. city, you don’t have to go to a movie theater to see a horror show.  Instead, just find out where fentanyl-laced heroin is being sold and go hang out with the drug addicts for a few hours.  If you survive the encounter, it will be an experience that you will never forget.  In city after city, hopelessly addicted men and women wander the streets of our core urban areas like zombies.  Unfortunately, many of them won’t last very long because it is exceptionally easy to die from a fentanyl overdose.  As you will see below, drug overdose deaths in the U.S. were up 30 percent last year, and fentanyl was the main reason.

Earlier today I came across a video of the streets of Philadelphia that really struck a chord with me emotionally.

Philadelphia played such a critical role in the American Revolution, and it was once such a beautiful city.

But as this video clearly shows, it has now become a complete and utter hellhole.

How can city officials just stand aside and do nothing as this goes on day after day?

Down on Kensington Avenue, you can buy a bag of fentanyl-laced heroin for as little as five dollars

The Kensington section of Philadelphia, where anyone can buy a lethal dose of fentanyl-laced heroin for $5 a bag, has been known locally as the ‘ground zero’ of America’s opioid epidemic, Philadelphia Magazine reported.

It is not uncommon for locals who pass by the area to notice men lying motionless on the sidewalk.

Syringes and needles are also frequently seen out and used in plain sight.

Authorities know that this is going on right out in the open, and they do nothing to stop it.

Needless to say, what is happening in Philadelphia is just a very small fraction of the overall crisis that we are facing in this country.

From coast to coast, thousands upon thousands of addicts are dying.

In fact, the number of drug overdose deaths in the United States was up 30 percent last year

The provisional drug overdose death statistics for 2020 confirmed the addiction field’s worst fears. More people died of overdoses in the United States last year than in any other one-year period in our history. More than 93,000 people died. The increase from the previous year was also more than we’ve ever seen—up 30 percent.

These data are telling us that something is wrong. In fact, they are shouting for change.

Fentanyl and engineered substances that mimic fentanyl are being shipped into this country in vast quantities.  These substances can be “100 times stronger than meth or heroin”, and they are super addictive.

But they are also super deadly.  It has been reported that an amount of fentanyl equivalent to “two grains of salt” can kill you.  It is so easy to make a mistake when dealing with fentanyl, but addicts just keep coming back for more.

Sadly, a 39-year-old female comedian learned this the hard way when she almost died the other night after taking some fentanyl-laced cocaine

A comedian who is said to have taken fentanyl-laced cocaine that killed three people at an LA house party has told a friend that she is recovering from the incident.

Kate Quigley, 39, texted friend Brian Redban Sunday to say: ‘I’m alive. Not great. But im OK,’ with Redban sharing a screenshot of the message on his Instagram Sunday.

Of course wherever there are people that are extremely addicted to illegal street drugs there is also going to be lots of crime.

So far this weekend, dozens of people have been shot in the city of Chicago, and criminals have become so brazen that they are now literally trying to haul away entire ATM machines

Someone has been trying to steal entire ATMs from businesses in Chicago, and has succeeded at least once.

Chicago Police said that burglars tried to use a blow torch and pry tools to open an ATM outside a business. In two other robberies, they smashed a window or door and tried to steal the ATM. In one instance, they did walk away with an ATM.

I don’t know why anyone would still want to live in the city of Chicago at this point.

Of course the exact same thing could be said for dozens of other major U.S. cities.

As the economic suffering in this nation intensifies, it is inevitable that even more people will turn to drugs to try to deal with the pain.

I am seeing so much hopelessness and despair out there right now, and turning to something that will instantly make you feel good can seem like a really easy answer.

But in the end it can send you to the grave.

Right now, Democrats in Washington are debating whether they should extend the enhanced unemployment benefits that are expiring…

President Joe Biden and congressional Democrats are facing pressure to extend federal pandemic-related unemployment benefits set to expire this weekend for millions of American workers, as the Delta variant continues to surge and job growth slows.

Three federal jobless aid programs, first put in place by former President Donald Trump’s administration last March, will lapse Monday, with an estimated 7.5 million unemployed workers set to lose all their benefits. An additional 3 million will no longer receive a $300 weekly boost to the unemployment benefits provided by their state, according to estimates from the Century Foundation.

In order to extend those benefits, we would have to borrow more money, and we can’t afford to do that.

But if we don’t extend those benefits, even more Americans will fall into poverty, and that will lead to more hopelessness and despair.

We live at a time when more Americans than ever are dependent on the government, and that is very alarming because socialism always ends up collapsing.

As Margaret Thatcher once said, socialist governments “always run out of other people’s money” eventually.

Unfortunately, the United States has been marching down a socialist path for a long time, and if we stay on this course it won’t lead anywhere good.

There are consequences for the decisions that we make, and the drug addicts that endlessly wander our city streets are just one example.

So many of those addicts could have been doctors or lawyers or business executives, but instead they have willingly chosen to destroy themselves.

Of course our society as a whole is willingly destroying itself, and little time remains to do anything about it.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five other books that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”“The Beginning Of The End”“Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Americans Had To Borrow 88 BILLION Dollars To Cover Their Medical Bills Last Year

I know that the headline sounds outrageous, but it is actually true.  According to a brand new report that was just released, Americans had to borrow 88 billion dollars to cover their medical bills last year.  That is a truly astounding number, and it shows just how dramatically our current health care system has failed.  And even though the vast majority of Americans are covered by “health insurance”, millions of us are deathly afraid to go to the hospital because of what it might cost.  Today, two-thirds of all personal bankruptcies in the United States are caused by medical bills, and most of the people going bankrupt actually had health insurance.  Overall, more than half a million American families are financially ruined by medical bills each year, and meanwhile our “representatives” in Washington are doing absolutely nothing to fix the problem.

Surveys have shown that up to two-thirds of the country is living paycheck to paycheck at least part of the time, and an unexpected medical bill can be absolutely devastating for those that are just barely scraping by.

Without much of a financial cushion to fall back on, many families must borrow money when confronted with a large medical expense, and the scale at which this is happening is absolutely stunning

Health care costs in the United States are generally measured as the highest in the world. Last year, many Americans could not afford their health care costs and so borrowed $88 billion to pay for that portion they could not afford.

According to a new West Health and Gallup poll, in a new report titled “The U.S. Healthcare Cost Crisis,” the $88 billion was borrowed in the year before the survey, which was done from January 14 to February 20. The poll was conducted via a random group of 3,537 adults over 18 living in the 50 states and the District of Columbia.

How in the world is this possible?

After all, more than 90 percent of all Americans have some form of health coverage.  So why did Americans need to borrow 88 billion dollars to cover their unpaid medical bills last year alone?

Well, first of all it is important to remember that health insurance deductibles have gotten obscenely huge.  The following numbers come from a CNN article about Obamacare

The law sets a ceiling on how much consumers have to spend on health care. In 2019, it’s $7,900 for a single person and double that for a family. Some bronze plans peg their deductibles to those levels.

The average deductible for a 2019 bronze policy — which have higher deductibles, but lower premiums than other tiers of Obamacare plans — is nearly $5,900, while the average maximum of out-of-pocket limit is just under $7,000, according to Health Pocket, an online health insurance shopping tool. Family bronze plans have an average deductible of just under $12,200 and an average out-of-pocket maximum of nearly $14,000.

Secondly, even if you have surpassed your deductible, there is still no guarantee that your health insurance company will cover your medical bills.  If you do not jump through every single little hoop they want you to jump through, in many instances they will leave you high and dry.  When I was running for Congress I had personal conversations with so many people that had been screwed over by the health insurance companies.  The more claims they deny, the more money they make, and they have become masters at finding even the smallest loophole that will enable them to wiggle off the hook.

Of course there are some health insurance companies out there that are doing a good job, but the bad apples give the entire industry a very bad name.

We have a system that is deeply broken, and it greatly frustrates me that both political parties seem so uninterested in getting a solution through Congress.

Here are some more numbers that show the current state of the U.S. health care system…

3.7 trillion dollars was spent on health care in the United States in 2018.  That breaks down to $10,739 per person.

-If our health care system was a country, it would have the fifth largest GDP on the entire planet.

76 percent of Americans believe that they pay too much for the quality of health care that they receive.

-Out of the 36 counties in the OECD, the U.S. ranks 31st in infant mortality.

-Prescription drugs are the fourth leading cause of death in the United States today.

-Pharmaceutical companies spend approximately 30 billion dollars a year to market their drugs to all of us.

Nearly half of all U.S. doctors are considering leaving the field of medicine, and health insurance companies are the primary reason.

-The median charge for visiting an emergency room in the United States is well over a thousand dollars.

When I was growing up, my mother took me and my siblings to the doctor constantly.  But I don’t know anyone that does that today, because it would be ridiculously expensive in most cases.

And one recent survey actually found that 41 percent of all Americans decided against an emergency room visit last year “due to cost”

Another major personal financial concern among Americans is that 45% worry that a “major health care event” would leave them bankrupt, the West Health-Gallup survey found. Additionally, in the past year, 41% said they did not visit an emergency room due to cost.

Fifteen million Americans “deferred” purchasing prescription drugs in the past year because of costs as well. Finally, 76% believe the problem will become worse because health care costs will rise more over the next two years.

Fixing our horribly broken health care system needs to be a top national priority, but earlier today Senate Majority Leader Mitch McConnell made it abundantly clear that nothing will be done about Obamacare in the Senate until the 2020 election.  And of course the Democrats are not going to make any major moves on health care until the 2020 election either.

Unfortunately, we are stuck with what we have got for the moment.

Our health care crisis is a national nightmare that never seems to end, and it gets worse with each passing year.

So for now, just hope that nobody in your family becomes seriously ill, because if that happens there is a good chance you might go bankrupt.

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.

$3.5 Trillion A Year: America’s Health Care System Has Become One Of The World’s Largest Money Making Scams

If the U.S. health care system was a country, it would have the fifth largest GDP on the entire planet.  At this point only the United States, China, Japan and Germany have a GDP that is larger than the 3.5 trillion dollar U.S. health care market.  If that sounds obscene to you, that is because it is obscene.  We should want people to be attracted to the health care industry because they truly want to help people that are suffering, but instead the primary reason why people are drawn to the health care industry these days is because of the giant mountains of money that are being made.  Like so many other things in our society, the health care industry is all about the pursuit of the almighty dollar, and that is just wrong.

In order to keep this giant money machine rolling, the health care industry has to do an enormous amount of marketing.  If you can believe it, a study that was just published found that at least 30 billion dollars a year is spent on such marketing.

Hoping to earn its share of the $3.5 trillion health care market, the medical industry is pouring more money than ever into advertising its products — from high-priced prescriptions to do-it-yourself genetic tests and unapproved stem cell treatments.

Spending on health care marketing nearly doubled from 1997 to 2016, soaring to at least $30 billion a year, according to a study published Tuesday in JAMA.

This marketing takes many different forms, but perhaps the most obnoxious are the television ads that are endlessly hawking various pharmaceutical drugs.  If you watch much television, you certainly can’t miss them.  They always show vibrant, smiling, healthy people participating in various outdoor activities on bright, sunny days, and the inference is that if you want to be like those people you should take their drugs.  And the phrase “ask your doctor” is usually near the end of every ad…

The biggest increase in medical marketing over the past 20 years was in “direct-to-consumer” advertising, including the TV commercials that exhort viewers to “ask your doctor” about a particular drug. Spending on such ads jumped from $2.1 billion in 1997 to nearly $10 billion in 2016, according to the study.

As a result of all those ads, millions of Americans rush out to their doctors to ask about drugs that they do not need for diseases that they do not have.

And on January 1st, dozens of pharmaceutical manufacturers hit Americans with another annual round of massive price increases.

But everyone will just keep taking those drugs, because that is what the doctors are telling them to do.  But what most people never find out is that the pharmaceutical industry goes to great lengths to get those doctors to do what they want.  According to NBC News, the big drug companies are constantly “showering them with free food, drinks and speaking fees, as well as paying for them to travel to conferences”.

It is a legal form of bribery, and it works.

When you go to most doctors, they will only have two solutions to whatever problem you have – drugs or surgery.

And since nobody really likes to get cut open, and since drugs are usually the far less expensive choice, they are usually the preferred option.

Of course if doctors get off the path and start trying to get cute by proposing alternative solutions, they can get in big trouble really fast

Today’s medical doctors are not allowed to give nutritional advice, or the American Medical Association will come shut them down, and even if they were, they don’t know the right things to say, because they weren’t educated that way in medical college. So instead, M.D.s just sling experimental, addictive drugs at symptoms of deeper rooted sicknesses, along with immune-system-destroying antibiotics and carcinogenic vaccines.

That’s why any medicine that wrecks your health is easy to come by, just like junk food in vending machines. The money isn’t made off the “vending” products, the money is made off the sick fools who are repeat offenders and keep going back to the well for more poison – it’s called chronic sick care or symptom management. Fact: Prescription drugs are the fourth leading cause of death in America, even when “taken as directed.”

Switching gears, let’s talk about hospitals for a moment.

When you go to the hospital, it is often during a great time of need.  If you are gravely ill or if an accident has happened and you think you might die, you aren’t thinking about how much your medical care is going to cost.  At that moment you just want help, and that is a perfect opportunity for predators to take advantage of you.

Just consider the example of 24-year-old Nina Dang.  She broke her arm while riding her bicycle in San Francisco, and so she went to the emergency room.

The hospital that Facebook CEO Mark Zuckerberg donated so much money to definitely fixed her arm, but later they broke her bank account when they hit her with a $24,000 bill

A bystander saw her fall and called an ambulance. She was semi-lucid for that ride, awake but unable to answer basic questions about where she lived. Paramedics took her to the emergency room at Zuckerberg San Francisco General Hospital, where doctors X-rayed her arm and took a CT scan of her brain and spine. She left with her arm in a splint, on pain medication, and with a recommendation to follow up with an orthopedist.

A few months later, Dang got a bill for $24,074.50. Premera Blue Cross, her health insurer, would only cover $3,830.79 of that — an amount that it thought was fair for the services provided. That left Dang with $20,243.71 to pay, which the hospital threatened to send to collections in mid-December.

Most Americans assume that if they have “good health insurance” that they are covered if something major happens.

But as Dang found out, you can still be hit with crippling hospital bills even if you have insurance.

Today, medical debt is the number one reason why Americans declare bankruptcy.  Because of the way our system is set up, most families are just one major illness away from financial ruin.

And this kind of thing is not just happening in California.  The median charge for a visit to the emergency room nationally is well over a thousand dollars, and you can be billed up to 30 dollars for a single pill of aspirin during a hospital stay.

Our health care system is deeply broken, and it has been designed to squeeze as much money out of all of us as it possibly can.

Unfortunately, we are stuck with this system for now.  The health care industry is certainly not going to reform itself, and the gridlock in Washington is going to make a political solution impossible for the foreseeable future.

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.

How The Elite Dominate The World – Part 3: 90% Of What You Watch On Television Is Controlled By Just 6 Giant Corporations

How much is your view of the world shaped by what you see on television?  On average, Americans spend more than 150 hours watching television every month, and it is called “programming” for a reason.  If you allow anyone to pour ideas and information into your mind for five hours a day, it is going to change how you look at reality.  Everyone has an agenda, and every single news program, television show and movie is trying to alter your views.  Sadly, our society has become absolutely addicted to media, and the mainstream media is completely dominated by the elite.  In fact, about 90 percent of the programming that comes through your television is controlled by just 6 gigantic media corporations.  Most of us are willingly plugging ourselves into this “propaganda matrix” that is completely dominated by the elite for several hours each day, and that gives them an enormous amount of power over the rest of us.

In Part I and Part II of this series, I discussed how the elite use money as a tool to dominate the planet.  Today, we are going to talk about how they use information.  If you control what people think, then you control a society.  And through their vast media empires, the elite are able to shape how we all think to a frightening degree.

Just think about it.  What do we talk about with our family, our friends and our co-workers?  To a large extent, those conversations are about movies, television shows, something that we just saw on the news or a sporting event that just took place.  The reason why we talk about certain things is because the mainstream media gives those things attention, and other things we ignore because the mainstream media does not make them seem to be important.

The mainstream media literally sets the agenda for our society, and it would be difficult to overstate the power that is in their hands.  And as I mentioned above, the mainstream media is almost entirely controlled by just 6 colossal corporations.  The following list of these 6 corporate giants comes from one of my previous articles, and this is just a sampling of the media properties that they each own…

Comcast

NBC
Telemundo
Universal Pictures
Focus Features
USA Network
Bravo
CNBC
The Weather Channel
MSNBC
Syfy
NBCSN
Golf Channel
Esquire Network
E!
Cloo
Chiller
Universal HD
Comcast SportsNet
Universal Parks & Resorts
Universal Studio Home Video

The Walt Disney Company

ABC Television Network
ESPN
The Disney Channel
A&E
Lifetime
Marvel Entertainment
Lucasfilm
Walt Disney Pictures
Pixar Animation Studios
Disney Mobile
Disney Consumer Products
Interactive Media
Disney Theme Parks
Disney Records
Hollywood Records
Miramax Films
Touchstone Pictures

News Corporation

Fox Broadcasting Company
Fox News Channel
Fox Business Network
Fox Sports 1
Fox Sports 2
National Geographic
Nat Geo Wild
FX
FXX
FX Movie Channel
Fox Sports Networks
The Wall Street Journal
The New York Post
Barron’s
SmartMoney
HarperCollins
20th Century Fox
Fox Searchlight Pictures
Blue Sky Studios
Beliefnet
Zondervan

Time Warner

CNN
The CW
HBO
Cinemax
Cartoon Network
HLN
NBA TV
TBS
TNT
TruTV
Turner Classic Movies
Warner Bros.
Castle Rock
DC Comics
Warner Bros. Interactive Entertainment
New Line Cinema
Sports Illustrated
Fortune
Marie Claire
People Magazine

Viacom

MTV
Nickelodeon
VH1
BET
Comedy Central
Paramount Pictures
Paramount Home Entertainment
Country Music Television (CMT)
Spike TV
The Movie Channel
TV Land

CBS Corporation

CBS Television Network
The CW (along with Time Warner)
CBS Sports Network
Showtime
TVGN
CBS Radio, Inc.
CBS Television Studios
Simon & Schuster
Infinity Broadcasting
Westwood One Radio Network

If nobody tuned in to their “programming”, they would not have any power over us.

But according to a report put out by Nielsen, Americans are plugging into “the matrix” more than ever before.  The following is how our daily use of media breaks down by device

Live TV: 4 hours, 31 minutes
Time-Shifted TV: 33 minutes
Radio: 1 hour, 52 minutes
DVDs: 8 minutes
Video Game Consoles: 14 minutes
Multimedia Devices (Apple TV, Roku, etc.): 13 minutes
Internet on PC: 58 minutes
Smartphone: 1 hour, 39 minutes
Tablet: 31 minutes

When you total those numbers up, it comes to 10 hours and 39 minutes.

In essence, Americans are spending most of their waking hours plugged in to something.

And if you only add together “live television” and “time-shifted television”, Americans are spending an average of more than five hours each day just watching television.

Of course many of us spend countless hours on the Internet as well.  It has been estimated that 54,907 Google searches are conducted, 7,252 tweets are posted, 125,406 YouTube videos are viewed, and 2,501,018 emails are sent out every single second.

You may have guessed this already, but most of the news and information that we consume on the Internet is also controlled by the elite

Overall, the top 10 publishers — together owning around 60 news sites — account for 47% of total online traffic to news content last year, with the next-biggest 140 publishers accounting for most of the other half, SimilarWeb found.

The biggest online news publisher for the U.S. audience was MSN, owner of MSN.com, with just over 27 billion combined page views across mobile and desktop, followed by Disney Media Networks, owner of ESPN and ABC News, with 25.9 billion.

This is why the “alternative media” is so important.  All over America and all over the world, people are waking up and realizing that they aren’t getting the truth from the mainstream media, and they are hungry for truly independent sources of information.

The only way that we are ever going to be able to throw off the insidious system of control that the elite have established is by winning the information war.  We are literally in a constant battle for hearts and minds, and the good news is that we have made a lot of progress.  Over the past decade we have “red pilled” millions upon millions of people, but we still have a long way to go.

Faith in the corporate media is dwindling, and the elite are deeply concerned about this.  The Internet has allowed ordinary people like us to communicate on a mass scale, and this has never been the case before in human history.  We have a window of opportunity to fight back against the elite, and we must not let this opportunity pass us by.

We are literally engaged in a battle for the future of this planet, and let us never waver in our pursuit of victory.

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

It Is About Time That We Had A President That Was Willing To Go To War With The Mainstream Media

Donald Trump Waving - Public DomainThursday afternoon’s press conference was perhaps the most memorable moment of Donald Trump’s presidency so far.  Trump’s blistering attack on the media was quite a spectacle, but the truth is that it was desperately needed.  For decades, the mainstream media has dominated political discourse in this country no matter who has been in control of the White House or Congress.  They have become masters of guiding and shaping public opinion, and in recent years they have completely discarded any pretense of being “unbiased” or “objective”.  These monolithic media organizations relentlessly push the progressive agenda of their owners (the global elite), and that is why the “news” always seems to be just about the same no matter which network it is coming from.  Their monopoly is slowly being broken by the rise of the alternative media, but the truth is that most Americans still rely on just a handful of ultra-powerful media organizations for their news.

So when Trump brutally attacked the mainstream media at his press conference on Thursday, millions upon millions of Americans greatly rejoiced, because they finally got what was coming to them.  And then on Friday, Trump posted a message to Twitter calling the New York Times, NBC, ABC, CBS and CNN “the enemy of the American people”…

After Donald Trump’s surprise election victory in November, many in the mainstream media started referring to the pro-Trump alternative media as “fake news”, but now Trump has totally turned that insult against them. 

For weeks Trump has been referring to CNN as “fake news”, but on Friday he said that he was now going to refer to them as “very fake news”.  The following exchange between Trump and CNN’s Jim Acosta comes from the official White House website

Q    Just because of the attack of fake news and attacking our network, I just want to ask you, sir — 

THE PRESIDENT:  I’m changing it from fake news, though.

Q    Doesn’t that undermine — 

THE PRESIDENT:  Very fake news now.  (Laughter.) 

We have never seen an exchange quite like that between a president of the United States and a prominent member of the mainstream media, but it was well overdue…

For eight years, the mainstream media gushed and fawned over Barack Obama because he supported the progressive agenda of the global elite, but now that Trump is in the White House virtually every story from the mainstream media is negative.

So when Chief White House Strategist Steve Bannon refers to them as “the opposition party” he is right on target…

In a rare interview with The New York Times last month, Chief White House Strategist Steve Bannon, the former chair of the far-right Breitbart News, called reporters the “opposition party” and said “the media should be embarrassed and humiliated and keep its mouth shut and just listen for a while.”

“They don’t understand this country,” Bannon said. “They still do not understand why Donald Trump is the president of the United States.”

At this point, the mainstream media is so desperate to portray Trump as a bad guy that they have resorted to a modern day version of McCarthyism.  For decades, liberals always pointed to McCarthyism as one of the greatest examples of paranoia and intolerance in modern American history, but now they are doing the exact same thing to Trump

A bizarre feature of the present confrontation is that the Democrats and liberals have relaunched McCarthyism, something they would have decried as a toxic episode in American political history until a few months ago. Just as Senator Joe McCarthy claimed in 1950 to have a list of communist infiltrators in the State Department, so any contact between a Trump supporter or official and a Russian is now being reported as suspicious and potentially treacherous. It is difficult to see where Trump is wrong when he tweeted that “the Democrats had to come up with a story as to why they lost the election, and so badly, so they made up a story – RUSSIA. Fake news!”

The reason why many of us constantly refer to the mainstream media as a single entity is because it really is very tightly controlled.  You see, the truth is that more than 90 percent of the news, information and entertainment that Americans get through their televisions comes from just 6 giant media corporations.  And of course those 6 enormous corporations are owned and controlled by the elite of the world.

The war for our society is a war for hearts and minds, and the reason why the elite have made so much progress is because most Americans allow thousands upon thousands of hours of “programming” to be constantly pumped into their heads.

The following numbers come directly from Nielsen, and they show how much news, information and entertainment average Americans consume through various methods each day…

Watching live television: 4 hours, 32 minutes

Watching time-shifted television: 30 minutes

Listening to the radio: 2 hours, 44 minutes

Using  a smartphone: 1 hour, 33 minutes

Using Internet on a computer: 1 hour, 6 minutes

When you add the top two categories together, the average American consumes more than five hours of television every single day.

And when you add all of those categories together, the average American is plugged into “the matrix” in some way for more than 10 hours a day.

We are literally subjecting ourselves to a form of very powerful mind control, and the extraordinary power of the media is something that I addressed in my novel.  There are some people that actually cannot stand complete silence because they have become so accustomed to having something “on” all the time.  As a society, we are absolutely addicted to entertainment, but there is always an agenda behind that entertainment.  This is something that I talked about in a previous article

Virtually every television show, movie, song, book, news broadcast and talk show is trying to shape how you view reality.  Whether you realize it or not, you are constantly being bombarded with messages about what is true and what is not, about what is right and what is wrong, and about what really matters and what is unimportant.  Even leaving something out or ignoring something completely can send an extremely powerful message.

When Donald Trump said that the mainstream media is “the enemy of the American People”, he was 100 percent correct.

If our country is going to have a positive future, the immense power that these media corporations have over the general population must be broken.

It is about time that we had a president that was willing to go to war with the mainstream media, and I greatly applaud President Trump for the stand that he is taking.

We Might As Well Face It – America Is Addicted To Debt

Debt Tree - Public DomainCorporations, individuals and the federal government continue to rack up debt at a rate that is far faster than the overall rate of economic growth.  We are literally drowning in red ink from sea to shining sea, and yet we just can’t help ourselves.  Consumer credit has doubled since the year 2000.  Student loan debt has doubled over the course of the past decade.  Business debt has doubled since 2006.  And of course the debt of the federal government has doubled since 2007.  Anyone that believes that this is “sustainable” in any way, shape or form is crazy.  We have accumulated the greatest mountain of debt that the world has ever seen, and yet despite all of the warnings we just continue to race forward into financial oblivion.  There is no possible way that this is going to end well.

Just the other day, a financial story that USA Today posted really got my attention.  It contained charts and graphs that showed that business debt in the U.S. had doubled since 2006.  I knew that things were bad, but I didn’t know that they were this bad.  Back in 2006, just prior to the last major economic downturn, U.S. nonfinancial companies had a total of about 2.6 trillion dollars of debt.  Now, that total has skyrocketed to 5.8 trillion

Companies are sitting on a record $1.82 trillion in cash. That might sound impressive until you hear companies owe three times more – $5.8 trillion, according to a new report from Standard & Poor’s Ratings Services.

Debt levels are soaring at U.S. non-financial companies so quickly – total debt outstanding rose $650 billion in 2014, which is six times faster than the $100 billion in added cash.

So are we in better condition to handle an economic crisis than we were the last time, or are we in worse shape?

Let’s look at another category of debt.  According to new data that just came out, the total amount of student loan debt in the U.S. is up to a staggering 1.2 trillion dollars.  That total has more than doubled over the past decade…

New data released by The Associated Press shows student loan debt is over $1.2 trillion, which is more than double the amount of a decade ago.

Students are facing an average of $35,000 in debt, that’s the highest of any graduating class in U.S. history. A senior at University of Colorado, Colorado Springs, Jon Cheek, knows the struggle first hand.

“It’s been a pretty big concern, I work while I go to school. I applied for a bunch of scholarships and done everything I can to try and keep it low,” said Cheek.

And of course it isn’t just student loan debt.  American consumers have had a love affair with debt that stretches back for decades.  As the chart below demonstrates, overall consumer credit has more than doubled since the year 2000…

consumer credit outstanding

If our paychecks were increasing at this same pace, that would be one thing.  But they aren’t.  In fact, real median household income is actually lower today than it was just prior to the last economic crisis.

So American households should actually be cutting back on debt.  But instead, they are just piling on more debt, and the financial predators are becoming even more creative.  In a previous article,  I discussed how many auto loans are now being stretched out for seven years.  At this point, the number of auto loans that exceed 72 months is at an all-time high

The average new car loan has reached a record 67 months, reports Experian, the Ireland-based information-services company. The percentage of loans with terms of 73 to 84 months also reached a new high of 29.5% in the first quarter of 2015, up from 24.9% a year earlier.

Long-term used-vehicle loans also broke records with loan terms of 73 to 84 months reaching 16% in the first quarter 2015, up from 12.94% — also the highest on record.

When will we learn?

The crash of 2008 should have been a wake up call.

We should have acknowledged our mistakes and we should have started doing things very differently.

But instead, we just kept on making the exact same mistakes.  In fact, our long-term financial problems have continued to accelerate since the last recession.  Just look at what has happened to our national debt.  Just prior to the last recession, the U.S. national debt was sitting at approximately 9 trillion dollars.  Today, it is over 18 trillion dollars…

National Debt

Our debt has grown so large that we will never be able to get out from under it.  This is something that I covered in my recent article entitled “It Is Mathematically Impossible To Pay Off All Of Our Debt“.  Because of our recklessness, our children, our grandchildren and all future generations of Americans are consigned to a lifetime of debt slavery.  What we have done to them is beyond criminal.  If we lived in a just society, a whole bunch of people would be going to prison for the rest of their lives over this.

During fiscal year 2014, the debt of the federal government increased by more than a trillion dollars.  But in addition to that, the federal government has more than seven trillion dollars of debt that must be “rolled over” every year.  In other words, the government must issue more than seven trillion dollars of new debt just to pay off old debts that are coming due.

As long as the rest of the world continues to lend us enormous mountains of money at ridiculously low interest rates, we can continue to keep our heads above the water.  But this can change at any time.  And once it does, interest rates will rise.  If the average rate of interest on U.S. government debt was to return to the long-term average, we would very quickly find ourselves spending more than a trillion dollars a year just on interest on the national debt.

The debt-fueled prosperity that we are enjoying now is not real.  It is a false prosperity that has been purchased by selling future generations into debt slavery.  We have mortgaged the future to make our own lives better.

We are addicts.  We are addicted to debt, and no matter how many warnings we receive, we just can’t help ourselves.

Shame on you America.

World Bank Whistleblower Karen Hudes Reveals How The Global Elite Rule The World

Karen HudesKaren Hudes is a graduate of Yale Law School and she worked in the legal department of the World Bank for more than 20 years.  In fact, when she was fired for blowing the whistle on corruption inside the World Bank, she held the position of Senior Counsel.  She was in a unique position to see exactly how the global elite rule the world, and the information that she is now revealing to the public is absolutely stunning.  According to Hudes, the elite use a very tight core of financial institutions and mega-corporations to dominate the planet.  The goal is control.  They want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns.  Since the elite also own all of the big media companies, the mainstream media never lets us in on the secret that there is something fundamentally wrong with the way that our system works.

Remember, this is not some “conspiracy theorist” that is saying these things.  This is a Yale-educated attorney that worked inside the World Bank for more than two decades.  The following summary of her credentials comes directly from her website

Karen Hudes studied law at Yale Law School and economics at the University of Amsterdam. She worked in the US Export Import Bank of the US from 1980-1985 and in the Legal Department of the World Bank from 1986-2007. She established the Non Governmental Organization Committee of the International Law Section of the American Bar Association and the Committee on Multilateralism and the Accountability of International Organizations of the American Branch of the International Law Association.

Today, Hudes is trying very hard to expose the corrupt financial system that the global elite are using to control the wealth of the world.  During an interview with the New American, she discussed how we are willingly allowing this group of elitists to totally dominate the resources of the planet…

A former insider at the World Bank, ex-Senior Counsel Karen Hudes, says the global financial system is dominated by a small group of corrupt, power-hungry figures centered around the privately owned U.S. Federal Reserve. The network has seized control of the media to cover up its crimes, too, she explained. In an interview with The New American, Hudes said that when she tried to blow the whistle on multiple problems at the World Bank, she was fired for her efforts. Now, along with a network of fellow whistleblowers, Hudes is determined to expose and end the corruption. And she is confident of success.

Citing an explosive 2011 Swiss study published in the PLOS ONE journal on the “network of global corporate control,” Hudes pointed out that a small group of entities — mostly financial institutions and especially central banks — exert a massive amount of influence over the international economy from behind the scenes. “What is really going on is that the world’s resources are being dominated by this group,” she explained, adding that the “corrupt power grabbers” have managed to dominate the media as well. “They’re being allowed to do it.”

Previously, I have written about the Swiss study that Hudes mentioned.  It was conducted by a team of researchers at the Swiss Federal Institute of Technology in Zurich, Switzerland.  They studied the relationships between 37 million companies and investors worldwide, and what they discovered is that there is a “super-entity” of just 147 very tightly knit mega-corporations that controls 40 percent of the entire global economy

When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.

But the global elite don’t just control these mega-corporations.  According to Hudes, they also dominate the unelected, unaccountable organizations that control the finances of virtually every nation on the face of the planet.  The World Bank, the IMF and central banks such as the Federal Reserve literally control the creation and the flow of money worldwide.

At the apex of this system is the Bank for International Settlements.  It is the central bank of central banks, and posted below is a video where you can watch Hudes tell Greg Hunter of USAWatchdog.com the following…

“We don’t have to wait for anybody to fire the Fed or Bank for International Settlements . . . some states have already started to recognize silver and gold, the precious metals, as currency”

Most people have never even heard of the Bank for International Settlements, but it is an extremely important organization.  In a previous article, I described how this “central bank of the world” is literally immune to the laws of all national governments…

An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe.  It is called the Bank for International Settlements, and it is the central bank of central banks.  It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City.  It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws.  Even Wikipedia admits that “it is not accountable to any single national government.”  The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system.  Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy (or any other economy for that matter) will perform over the course of the next year than any politician does.  Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”.  During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on.  The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.

This system did not come into being by accident.  In fact, the global elite have been developing this system for a very long time.  In a previous article entitled “Who Runs The World? Solid Proof That A Core Group Of Wealthy Elitists Is Pulling The Strings“, I included a quote from Georgetown University history professor Carroll Quigley from a book that he authored all the way back in 1966 in which he discussed the big plans that the elite had for the Bank for International Settlements…

[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.

And that is exactly what we have today.

We have a system of “neo-feudalism” in which all of us and our national governments are enslaved to debt.  This system is governed by the central banks and by the Bank for International Settlements, and it systematically transfers the wealth of the world out of our hands and into the hands of the global elite.

But most people have no idea that any of this is happening because the global elite also control what we see, hear and think about.  Today, there are just six giant media corporations that control more than 90 percent of the news and entertainment that you watch on your television in the United States.

This is the insidious system that Karen Hudes is seeking to expose.  For much more, you can listen to Joyce Riley of the Power Hour interview her for an entire hour right here.

So what do you think about what Hudes is saying?  Please feel free to share your thoughts by posting a comment below…

The Financial Markets Freak Out When The Fed Hints That It May Slow Down The Injections

Panic Button By John On FlickrU.S. financial markets are exhibiting the classic behavior patterns of an addict.  Just a hint that the Fed may start slowing down the flow of the “juice” was all that it took to cause the financial markets to throw an epic temper tantrum on Wednesday.  In fact, one CNN article stated that the markets “freaked out” when Federal Reserve Chairman Ben Bernanke suggested that the Fed would eventually start tapering the bond buying program if the economy improves.  And please note that Bernanke did not announce that the money printing would actually slow down any time soon.  He just said that it may be “appropriate to moderate the pace of purchases later this year” if the economy is looking good.  For now, the Fed is going to continue wildly printing money and injecting it into the financial markets.  So nothing has actually changed yet.  But just the suggestion that this round of quantitative easing would eventually end if the economy improves was enough to severely rattle Wall Street on Wednesday.  U.S. financial markets have become completely and totally addicted to easy money, and nobody is quite sure what is going to happen when the Fed takes the “smack” away.  When that day comes, will the largest bond bubble in the history of the world burst?  Will interest rates rise dramatically?  Will it throw the U.S. economy into another deep recession?

Judging by what happened on Wednesday, the end of Fed bond buying is not going to go well.  Just check out the carnage that we witnessed…

-The Dow dropped by 206 points on Wednesday.

-The yield on 10 year U.S. Treasuries shot up substantially, and it is now the highest that it has been since March 2012.

-On Wednesday we witnessed the largest percentage rise in the yield on 5 year U.S. Treasury bonds ever.  It is now the highest that it has been in nearly two years.

-It was announced that mortgage rates are the highest that they have been in more than a year.

-We also learned that the MBS mortgage refinance applications index has fallen by 38 percent over the past six weeks.

If the markets react like this when the Fed doesn’t even do anything, what are they going to do when the Fed actually starts cutting back the monetary injections?

Posted below is an excerpt from the statement that the Fed released on Wednesday.  Please note that the Fed is saying that the current quantitative easing program is going to continue at the same pace for right now…

To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee decided to continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month. The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. Taken together, these actions should maintain downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative.

The Committee will closely monitor incoming information on economic and financial developments in coming months. The Committee will continue its purchases of Treasury and agency mortgage-backed securities, and employ its other policy tools as appropriate, until the outlook for the labor market has improved substantially in a context of price stability. The Committee is prepared to increase or reduce the pace of its purchases to maintain appropriate policy accommodation as the outlook for the labor market or inflation changes. In determining the size, pace, and composition of its asset purchases, the Committee will continue to take appropriate account of the likely efficacy and costs of such purchases as well as the extent of progress toward its economic objectives.

To support continued progress toward maximum employment and price stability, the Committee expects that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the asset purchase program ends and the economic recovery strengthens. In particular, the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that this exceptionally low range for the federal funds rate will be appropriate at least as long as the unemployment rate remains above 6-1/2 percent, inflation between one and two years ahead is projected to be no more than a half percentage point above the Committee’s 2 percent longer-run goal, and longer-term inflation expectations continue to be well anchored. In determining how long to maintain a highly accommodative stance of monetary policy, the Committee will also consider other information, including additional measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial developments. When the Committee decides to begin to remove policy accommodation, it will take a balanced approach consistent with its longer-run goals of maximum employment and inflation of 2 percent.

So why doesn’t the Federal Reserve just stop these emergency measures right now?

After all, we are supposed to be in the midst of an “economic recovery”, right?

What is Bernanke afraid of?

That is a question that Rick Santelli of CNBC asked on Wednesday.  If you have not seen his epic rant yet, you should definitely check it out…

On days like this, it is easy to see who has the most influence over the U.S. economy.  The financial world literally hangs on every word that comes out of the mouth of Federal Reserve Chairman Ben Bernanke.  The same cannot be said about Barack Obama or anyone else.

The central planners over at the Federal Reserve are at the very heart of what is wrong with our economy and our financial system.  If you doubt this, please see this article: “11 Reasons Why The Federal Reserve Should Be Abolished“.  Bernanke knows that the actions that the Fed has taken in recent years have grossly distorted our financial system, and he is concerned about what is going to happen when the Fed starts removing those emergency measures.

Unfortunately, we can’t send the U.S. financial system off to rehab at a clinic somewhere.  The entire world is going to watch as our financial markets go through withdrawal.

The Fed has purposely inflated a massive financial bubble, and now it is trying to figure out what to do about it.  Can the Fed fix this mess without it totally blowing up?

Unfortunately, most severe addictions never end well.  In a recent article, Charles Hugh Smith described the predicament that the Fed is currently facing quite eloquently…

One of the enduring analogies of the Federal Reserve’s quantitative easing (QE) program is that the stock market is now addicted to this constant injection of free money. The aptness of this analogy has never been more apparent than now, as the market plummets on the mere rumor that the Fed will cut back its monthly injection of financial smack. (The analogy typically refers to crack cocaine, due to the state of delusional euphoria QE induces in the stock market. But the zombified state of the heroin addict is arguably the more accurate analogy of the U.S. stock market.)

You know the key self-delusion of all addiction: “I can stop any time I want.” This eerily echoes the language of Fed Chairman Ben Bernanke, who routinely declares he can stop QE any time he chooses.

But Ben, the pusher of QE money, knows his addict–the stock market–will die if the smack is cut back too abruptly. Like all pushers, Ben has his own delusion: that he can actually control the addiction he has nurtured.

You’re dreaming, Ben–your pushing QE has backed you into a corner. The addict (the stock market) is now so dependent and fragile that the slightest decrease in QE smack will send it to the emergency room, and quite possibly the morgue.

We are rapidly approaching a turning point.  We have a massively inflated stock market bubble, a massively inflated bond bubble, and a financial system that is absolutely addicted to easy money.

The Fed is desperately hoping that it can find a way to engineer some sort of a soft landing.

The Fed is desperately hoping to avoid a repeat of the financial crisis of 2008.

Federal Reserve Chairman Ben Bernanke insists that he knows how to handle things this time.

Do you believe him?