The Dow Has Fallen Nearly 1,500 Points From The Peak Of The Market, And Many Believe This “October Panic” Is Just Beginning…

We haven’t had an October like this in a very long time.  The Dow Jones Industrial Average was down another 327 points on Thursday, and overall the Dow is now down close to 1,500 points from the peak of the market.  Unlike much of the rest of the world, it is still too early to say that the U.S. is facing a new “financial crisis”, but if stocks continue to plunge like this one won’t be too far away.  And as you will see below, many believe that what we have seen so far is just the start of a huge wave of selling.  Of course it would be extremely convenient for Democrats if stocks did crash, because it would give them a much better chance of doing well in the midterm elections.  This is the most heated midterm election season that I can ever remember, and what U.S. voters choose to do at the polls in November is going to have very serious implications for the immediate future of our country.

After a very brief rally earlier in the week, stocks have been getting hammered again.  The S&P 500 has now fallen for 9 out of the last 11 trading sessions, and homebuilder stocks have now fallen for 19 of the last 22 trading sessions.  It was a “sea of red” on Thursday, and some of the stocks that are widely considered to be “economic bellwethers” were among those that got hit the hardest

Several stocks seen as economic bellwethers fell sharply in the U.S., including United Rentals and Textron, which dropped at least 11 percent each. Snap-on and Caterpillar, meanwhile, fell 9.6 percent and 3.9 percent, respectively.

Hopefully we will see another bounce on Friday, but at this moment it looks like things could go either way.

But no matter what happens on Friday, many are convinced that the worst is yet to come, and here are some of the reasons…

China

Chinese stocks have fallen 12 percent so far this month, and overall they are down 26 percent over the last 12 months.

That means that China is now well into a bear market.

And history tells us that when Chinese stocks fall 10 percent or more within 30 days, that is usually very bad news for U.S. stocks.  The following comes from CNBC

But a study by CNBC using analytics tool Kensho found that U.S. stocks are more often weaker when the declines in Chinese stocks are large. Over the past 10 years, when Shanghai stocks fell 10 percent or more in a 30-day period, the U.S. stock market was up only about 30 percent of the time, and the U.S. indexes all averaged significant declines.

For instance, the S&P 500 on average fell 4.8 percent when China was down 10 percent or more, and the Nasdaq was even worse with a loss of 5.3 percent.

The Chinese just had the worst quarter for economic growth since the first quarter of 2009, and many believe that is a huge sign of trouble for the global economy as a whole.

The Federal Reserve

In recent weeks I have been hammering the Federal Reserve over and over again, and they definitely deserve it.

The Fed is raising interest rates way too rapidly, and this is going to kill the economy and at some point it will inevitably cause a horrifying market crash.

And I am far from alone in criticizing the Fed.  For instance, just consider what CNBC’s Jim Cramer said about the Fed on Thursday

Stocks tanked on Thursday because people are finally realizing that the Federal Reserve has the power to hurt stocks and slow the economy, CNBC’s Jim Cramer said after the Dow Jones Industrial Average fell more than 300 points.

“This is one of those moments where it’s dawning on people that maybe all the assurances that we don’t need to be afraid of the Fed are being proven to be totally bogus,” the “Mad Money” host said.

Every Fed rate hiking cycle since 1957 has ended in either a recession or a market crash, and this one won’t be any different.

Forced Selling

In this day and age, when markets start to plunge things can get out of hand very quickly thanks to all of the computer trading that starts to happen.

This is something that Goldman Sachs CEO David Solomon says his firm is watching very closely

Goldman Sachs CEO David Solomon said Thursday that he believes part of October’s steep stock sell-off was the result of programmatic trading.

“There’s no question when you look at last week, some of the selling is the result of programmatic selling because as volatility goes up, some of these algorithms force people to sell,” Solomon told CNBC’s Wilfred Frost. “Market structure can, at times, contribute to volatility and one of the things that we’re spending a bunch of time thinking about at the firm is how changes in market structure over the course of the last 10 years will affect market activity.”

One key level to watch in the coming days is 25,000 on the Dow Jones Industrial Average.

That is a very important psychological level, and if this downturn successfully breaks through that barrier we could very quickly move toward 24,000 thanks to programmatic selling.

This current bull market has lasted for much longer than it should have, but now it appears that the bubble may have burst.

And once the bears take control, things could get bad for a very long time.  The following comes from investing expert Egon von Greyerz

It now looks like the secular bull market in stocks is turning into a secular bear market that could last for several years if not decades. The stock market acts as a sentiment indicator for what happens in the real economy. No indicator is perfect and stock market moves will be exaggerated in both directions. It is now likely that the world is starting an economic downturn of epic proportions.

During previous market downturns over the past 10 years, there was still a lot of optimism on Wall Street.

But these days it seems like “doom and gloom” is the dominant theme in trading circles, and it won’t take too much to turn that “doom and gloom” into “fear and panic” as everyone races for the exits as quickly as they can…

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.

Is The Federal Reserve Trying To Sabotage Trump? Stocks Fall Again As Investors Are Rattled By Fed Comments

Could it be possible that the Federal Reserve is attempting to influence the outcome of the upcoming midterm elections?  Just weeks before Americans will go to the polls, the Fed has been making headline after headline with talk about interest rate hikes.  And they very well understand that interest rate hikes will rattle investors and slow down the economy.  In fact, every Fed rate hiking cycle since 1957 has ended in either a stock market crash or a recession.  So could the Federal Reserve be doing this on purpose in order to sabotage Donald Trump and the Republicans?  Nobody is really asking this question, but perhaps we should be.

For a while there it looked like a good rally was cooking on Wall Street, but then news about future Federal Reserve interest rate hikes sent stocks tumbling on Wednesday

The Dow Jones Industrial Average fell Wednesday in volatile trading after a summary of the Federal Reserve’s most-recent meeting showed the central bank was leaning toward more rate hikes moving forward.

The 30-stock index dropped 91.74 points to 25,706.68 as sharp losses in IBM offset strong gains in Goldman Sachs. The S&P 500 and Nasdaq Composite closed just below the flatline at 2,809.21 and 7,642.70, respectively.

And the Federal Reserve is also being identified as the reason why Asian stocks tumbled overnight

Stocks in Asia were broadly lower on Thursday morning, as a Fed report hints at more rate hikes ahead.

The Greater China markets were in largely negative territory in early trade. The Shanghai composite dropped by 1.53 percent while the Shenzhen composite fell by 1.914 percent. Hong Kong’s Hang Seng index also traded slightly lower.

As I have explained many times, nobody has more control over the economy than the Federal Reserve does, and nobody has more influence over the financial markets than the Federal Reserve does either.

If the American people truly understood the Federal Reserve, there would be “End the Fed” protests in every city in America tomorrow morning.

What is troubling investors so greatly at the moment is the fact that the Fed minutes that were just released clearly indicate that more interest rate hikes are coming in future months

Federal Reserve officials remain convinced that continuing to gradually increase interest rates is the best formula to preserve a steady economy, according to minutes released Wednesday of the central bank’s most recent policy meeting.

That may not please President Donald Trump, who has been vocal in his criticism of the central bank’s actions.

President Trump has been criticizing the Fed recently because he understands that many Americans vote based on how their pocketbooks are doing.  If the economy is doing well, his re-election chances go up, but if the economy tanks there is a very good chance that he could lose in 2020.

And if stock prices really start to tumble over the next few weeks, that would really help Democrats in the upcoming mid-term elections.

Of course it isn’t just President Trump that has been criticizing the Fed lately.  In fact, CNBC’s Jim Cramer is literally “begging” the Federal Reserve to slow down the pace of future interest rate hikes

“I’m not saying the Fed’s gone crazy. I’m not saying they need to stop tightening because it’s bad for the stock market. I don’t care about that. I’m simply begging [Fed Chair] Jerome Powell and the rest of the Open Market Committee to take things one rate hike at a time,” he said. “Because from what I’ve seen so far this earnings season, it might make sense to put next year’s three planned rate hikes on hold until we know if the nascent strength is dissipating before our very eyes.”

Jim Cramer can see what all of the rest of us can also see.  U.S. economic activity appears to be slowing down substantially, and major volatility has returned to the financial markets.

If the Dow Jones Industrial Average suddenly falls a couple of thousand points, it is entirely possible that the Federal Reserve could change course.

But once again, we must consider the possibility that they actually want to cause chaos in order to harm Donald Trump politically.

At one time such a notion would have been unthinkable, but we have entered a time when lots of things that were once unthinkable have become reality.

Today, we have news anchors calling the president of the United States all kinds of things on the air, we have leading members of the opposition party openly calling for violence, and we have conservatives and progressives literally fighting each other in the streets.

The elite are desperate to get rid of Donald Trump, and without a doubt the Federal Reserve’s recent actions have been bad for the President.  That doesn’t necessarily mean that malice is involved, but we cannot entirely rule out that possibility either.

But if the Fed really does want to alter the results of the upcoming midterm elections, they have got some work to do.  According to the latest map from Real Clear Politics, it appears likely that the Republicans will keep their Senate majority and may even expand it.

And even though it looks like the Democrats will definitely make gains in the House, a late Republican surge has altered the landscape.  It is not the most likely result, but there is now a possibility that Republicans could also retain control of the House, and that would be absolutely disastrous for the Democratic Party.

Let us not forget, however, that things can change dramatically in politics in just a few days.

With just a few weeks to go before the 2016 election it looked like Hillary Clinton would win by a landslide, and we all saw what happened.

One major event could change everything, and without a doubt this is going to be one of the most interesting midterm election cycles in ages.

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.

Poll Asks Americans To Name The Greatest President In Their Lifetimes – Barack Obama Wins With 31 Percent

It is exceedingly difficult to be optimistic about the future of our nation when you see poll numbers like this.  The Pew Research Center recently conducted a survey in which they asked Americans to name the president that has “done the best job in your lifetime”.  You would think that Ronald Reagan would be the winner by a very wide margin, but he wasn’t.  Instead, Barack Obama was the winner with 31 percent of the vote.  Reagan came in second with 21 percent, Bill Clinton was third with 13 percent, and Donald Trump was fourth with just 10 percent.  When you add the Obama and Clinton numbers together, you come up with a grand total of 44 percent of all Americans that believe that either Barack Obama or Bill Clinton was the best president during their lifetimes, and that is absolutely frightening.  It essentially means that nearly half of the entire U.S. population has gone mad, and with numbers such as those it is very difficult to imagine how we are ever going to restore our Constitutional Republic.

Those that responded to the survey were asked to give their first and second choices to the question, and this is how the final numbers came out for first choice…

Obama: 31 percent
Reagan: 21 percent
Clinton: 13 percent
Trump: 10 percent
Kennedy: 7 percent
Carter: 4 percent
George W. Bush: 3 percent
George H.W. Bush: 3 percent
Eisenhower: 2 percent
Ford: 1 percent
Nixon: 1 percent
Johnson: 1 percent
Truman: 1 percent
Roosevelt: 1 percent

The way that the question was asked is obviously going to depress the numbers of presidents that served many decades ago.  For example, I was not born yet when Eisenhower was president, so he would not be an option for me when naming the president that has “done the best job in my lifetime”.  If the question had been framed differently, I think that Eisenhower and Kennedy would have done much better.

In particular, I think that Eisenhower doesn’t really get the credit that he deserved.  America generally thrived under his leadership, but nobody ever really talks about him too much anymore.

Another thing that really jumps out about these numbers is how poorly both Bushes did.

George H.W. Bush’s presidency was largely considered to be a continuation of the Reagan administration, but he only got 3 percent of the vote.  7 percent did name him as their second choice, and most of those probably named Reagan as their first choice.

George W. Bush served much more recently, and to get only 3 percent of the vote shows how the American people really feel about him at this point.  The president that served immediately before him (Bill Clinton) got 13 percent of the vote and the president that served immediately after him (Barack Obama) got 31 percent of the vote.  To only receive 3 percent of the vote is an absolutely disastrous showing.

Overall, Democrats have to feel really good about these survey results.  If you add the last four Republican presidents together, their grand total of 37 percent of the vote doesn’t even come close to the combined total of the last two Democratic presidents (44 percent).

Needless to say, Democrats overwhelmingly chose Obama or Clinton as their top choices in this poll

A sizable majority of Democrats and Democratic-leaning independents say Barack Obama (71%) is the best (51%) or second best (20%) president in their lifetimes. About half of Democrats name Clinton (49%). Another 14% of Democrats name Kennedy as one of their top two, 12% name Reagan and 10% mention George W. Bush.

And Republicans overwhelmingly picked Reagan or Trump as their top choices

A majority of Republicans and Republican-leaning independents say Reagan (57%) ranks in the top two presidents in their lifetimes. Another 40% of Republicans name Trump, while 20% name George W. Bush, 16% name George H.W. Bush and 15% mention Clinton.

Perhaps the most alarming result from this survey was how Millennials voted.  Our young adults are the future of this country, and a whopping 62 percent of them picked Barack Obama as their first or second choice…

Millennials (born 1981 to 1996) were the most likely to choose Obama, with 62 percent naming him as their first or second choice. Reagan was the top pick for Generation X (1965 to 1980), baby boomers (1946 to 1964) and the silent generation (1928 to 1945).

Unsurprisingly, party identification was very closely tied to a person’s answer. Obama was the first or second pick of 71 percent of Democrats but only 13 percent of Republicans.

Reagan was the clear favorite among Republicans with 57 percent (12 percent among Democrats). Trump was the second pick for Republicans at 40 percent. Only 3 percent of Democrats named Trump.

This is yet more evidence that we are undergoing a dramatic demographic shift in this nation.

Older Americans tend to vote more than younger Americans do, but older Americans are also slowly but surely dying off.

Unless something fundamentally changes, we aren’t going to have any Ronald Reagans or Donald Trumps in the future.  Instead, what we are going to get are more Barack Obamas and Bill Clintons.

In fact, if Michelle Obama wanted to run for president in 2020 she would almost certainly win the Democratic nomination easily, and that is a chilling thing to admit.

But she almost certainly will not run, and instead it looks like Hillary Clinton is gearing up for one last run for the presidency.

Many conservatives assume that since Trump beat Clinton last time that he will beat her again.

And that might be true.

However, we should remember that Hillary did receive 3 million more votes than Trump did last time.

And we should also not forget that older voters are slowly but surely dropping off the voting rolls, and they are being replaced by an entirely new generation of young people that is extremely liberal.

That doesn’t mean that all hope is gone.  We are at a crossroads, and at this moment we are in a battle for the soul of our nation.

If we want to win, then conservatives better wake up, because right now the left has far more passion and energy than we do.

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.

President Trump Is Right: Huma Abedin, Crooked Hillary And James Comey All Belong In Prison

If you mishandle classified documents, you go to prison.  That is how the law is written, and that is how the law is supposed to work.  But up until now top members of the Democratic Party have been immune from prosecution for mishandling classified documents even though evidence that they are guilty is publicly available for everyone to see.  On Friday, we learned that there were classified documents among the 2,800 work-related emails on Anthony Weiner’s laptop.  Huma Abedin regularly forwarded documents to her husband’s laptop, and every time she sent a classified document to his laptop it was a violation of federal law.

On Tuesday, President Trump got on Twitter and expressed his desire to see Huma Abedin sent to prison

Crooked Hillary Clinton’s top aid, Huma Abedin, has been accused of disregarding basic security protocols. She put Classified Passwords into the hands of foreign agents. Remember sailors pictures on submarine? Jail! Deep State Justice Dept must finally act? Also on Comey & others

President Trump is exactly correct.  Nobody is supposed to be above the law, and Huma Abedin is clearly guilty.

If she isn’t prosecuted, then what is the point of even having any law to protect classified documents?

To say that Abedin was grossly negligent would be a severe understatement.  According to the Daily Caller, she was even using her personal Yahoo email account to transmit “passwords to government systems”…

Huma Abedin forwarded sensitive State Department emails, including passwords to government systems, to her personal Yahoo email account before every single Yahoo account was hacked, a Daily Caller News Foundation analysis of emails released as part of a lawsuit brought by Judicial Watch shows.

Abedin, the top aide to former Secretary of State Hillary Clinton, used her insecure personal email provider to conduct sensitive work. This guarantees that an account with high-level correspondence in Clinton’s State Department was impacted by one or more of a series of breaches — at least one of which was perpetrated by a “state-sponsored actor.”

This is what Trump was talking about when he accused Abedin of putting classified passwords “into the hands of foreign agents”.  There is no telling how much damage was done because of Abedin’s carelessness, and she must be held accountable.

Another part of Trump’s tweet that many of you may not get was his reference to “sailors pictures on submarine”.  Trump was referring to a former member of the U.S. Navy named Kristian Saucier that was found guilty of mishandling classified information.  The following comes from Business Insider

Trump’s reference to “sailors pictures on submarine” is most likely about the case of Kristian Saucier, who was a machinist’s mate aboard the Los Angeles-class nuclear attack submarine USS Alexandria from September 2007 to March 2012.

In July 2015, Saucier was charged with taking photos of classified spaces, instruments, and equipment inside the USS Alexandria on at least three occasions in 2009.

Court papers also said Saucier attempted to destroy his laptop, camera, and camera memory card after he was interviewed by the FBI and the Naval Criminal Investigative Service in July 2012.

Saucier ended up spending a year in prison for what he did.

So why shouldn’t Abedin suffer the same fate?

Well, you can thank James Comey for the fact that Abedin has gotten off the hook so far.  According to Comey, Abedin did not understand that “what she was doing was in violation of the law”

Comey said the FBI completed the investigation into Abedin and couldn’t prove there was any criminal intent, which is required in order to classify something as a criminal act in this situation.

“We didn’t have any indication she had a sense what she was doing was in violation of the law,” Comey said.

This makes me so mad I want to scream.

As I discussed yesterday, intent does not matter in these types of cases at all.  In order to get Hillary Clinton and Huma Abedin out of trouble, Comey essentially rewrote the law.  The following comes from the National Review

In essence, in order to give Mrs. Clinton a pass, the FBI rewrote the statute, inserting an intent element that Congress did not require. The added intent element, moreover, makes no sense: The point of having a statute that criminalizes gross negligence is to underscore that government officials have a special obligation to safeguard national defense secrets; when they fail to carry out that obligation due to gross negligence, they are guilty of serious wrongdoing. The lack of intent to harm our country is irrelevant. People never intend the bad things that happen due to gross negligence.

Ultimately, my hope is that Comey goes to prison along with Hillary Clinton and Huma Abedin.

He was caught red-handed lying under oath, and according to Sean Hannity he could also potentially be guilty of obstruction of justice…

Fox legal analyst Greg Jarrett told Hannity that agent Peter Strzok, who had sent and received some of the anti-Trump texts, Comey “and others” may be guilty of obstructing justice if it were proven that they wanted to clear Clinton of wrongdoing for political reasons.

“Meaning, if the fix was in, Greg, Comey should go to jail,” Hannity said.

As for Hillary Clinton, there are a whole host of crimes that she needs to be prosecuted for, and I went over several of these in the article that I posted yesterday entitled “Why Hillary Clinton Needs To Go To Prison In 2018”.

If I win my race here in Idaho, I am going to go to Washington and push as hard as I can to bring Hillary Clinton, Bill Clinton, Huma Abedin, James Comey and John Podesta to justice.  And as we peel back the onion, there could potentially be dozens (or even hundreds) of individuals associated with the Clintons that could end up in prison.

Either this nation is going to be governed by the rule of law or it isn’t.

If we are just going to ignore all of the very serious crimes that Hillary Clinton has committed, then the same rules should apply to everyone else as well.  We’ll just have a society where nobody ever goes to prison, and we will see how well that works out.

It is time to restore the rule of law in the United States, and I greatly applaud President Trump for speaking the truth.  We are in a battle for the heart and soul of America, and it is a battle that we cannot afford to lose.

Michael Snyder is a pro-Trump 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.

44 Numbers From 2017 That Are Almost Too Crazy To Believe

2017 went by way too quickly.  Donald Trump’s first year in the White House shook up the entire planet, and nobody is quite sure what is going to happen next.  Personally, as 2017 began I was still having a hard time actually believing that Trump was going to be our president.  Once he was finally inaugurated on January 20th I was able to relax a little bit, but at that point I had no idea that I would soon be running for Congress here in Idaho as a pro-Trump candidate.  As 2018 begins, I think that it would be good to look back and remember some of the most important things that happened over the past 12 months.  The following are 44 numbers from 2017 that are almost too crazy to believe…

#1 During Donald Trump’s first year, ISIS lost 98 percent of the territory that it gained while Barack Obama was in the White House.

#2 The price of Bitcoin rose more than 1,300% during 2017.

#3 According to the Washington Post, one out of every ten young adults in the United States has been homeless at some point over the past year.

#4 The United States has lost more than 70,000 manufacturing facilities since China joined the WTO in 2001.

#5 On Donald Trump’s first full day in office he was 70 years, 7 months and 7 days old, and it happened in year 5777 on the Hebrew calendar.

#6 The all-time record for the number of retail store closings in the U.S. was absolutely shattered in 2017.  According to the latest figures, a total of 6,985 store locations were shut down last year, and we are expected to break the record again in 2018.

#7 Incredibly, the number of retail store closings in 2017 was up 229 percent compared with 2016.

#8 When Ronald Reagan entered the White House, the federal government was about one trillion dollars in debt.  Now we are 20 trillion dollars in debt with no end in sight.

#9 Prominent names in the financial world such as John McAfee and James Altucher are predicting that the price of Bitcoin will eventually reach one million dollars.

#10 According to the most recent numbers that we have, 41 million Americans are currently living in poverty.

#11 A recent CNN poll found that only 37 percent of Americans have a favorable view of the Democratic Party.

#12 Ever since the beginning of April, Congress has had an average approval rating of less than 20 percent.

#13 The Dow Jones Industrial Average was up more than 5,000 points in 2017, and that absolutely shattered the previous record of 3,472 points in 2013.

#14 At one point in 2017, the total market cap for all cryptocurrencies combined (Bitcoin, Ethereum, Ripple, Litecoin, etc.) surpassed the half a trillion dollar mark.

#15 Wildfires burned an astounding 9,791,062 acres over the past year.

#16 It is being reported that less than 50 percent of all third, fourth and fifth grade students in the state of California meet minimum standards for literacy.

#17 At one very poorly performing elementary school in California, 96 percent of the students are not proficient in either English or math.

#18 Back in 1960, an average of $146 was spent on healthcare per person for the entire year, but today that number has skyrocketed to $9,990.

#19 Thanks to Obamacare, an appendectomy is ten times more expensive in the United States than it is in Mexico.

#20 Thanks to Obamacare, a family of four in Virginia is now facing the prospect of paying $3,000 a month for health insurance.

#21 It is being projected that the average rate increase for Obamacare plans will be 37 percent in 2018.

#22 In 2017, we found out that 264 cases of sexual harassment involving members of Congress have been settled for a grand total of $17,250,854 since the start of 1997.

#23 Economic growth is starting to pick up under President Trump, but the U.S. economy only grew at an average rate of just 1.33 percent over the 10 years prior to 2017.

#24 It is being reported that homelessness has become so pervasive in ultra-liberal Seattle that “400 unauthorized tent camps” have popped up around the city.

#25 One survey that was conducted in 2017 discovered that 78 percent of all full-time workers in the United States live paycheck to paycheck at least part of the time.

#26 According to the Federal Reserve, the average U.S. household is now $137,063 in debt, and that figure is more than double the median household income.

#27 A staggering 59.8 percent of younger Millennials (18 to 25) are now living with relatives, and overall an all-time record 38.4 percent of all Millennials are currently living with family.

#28 Boston University professor Larry Kotlikoff says that the federal government is facing a fiscal gap of 210 trillion dollars over the next 75 years.

#29 According the National Center For Health Statistics, nearly 40 percent of all U.S. adults are now officially obese. That is an all-time record.

#30 Our obesity epidemic is now costing us 190 billion dollars a year.

#31 Bill Gates, Jeff Bezos of Amazon.com, and Warren Buffett now have more money than the poorest 50 percent of the U.S. population combined.

#32 At this point, 20 percent of all U.S. households have “either zero or negative wealth”.

#33 U.S. stocks have have increased in value by more than 5 trillion dollars since Donald Trump was elected.

#34 For the season, NFL television ratings were down about 9 percent, and many believe that the anthem protests were the primary cause for the ratings decline.

#35 One very disturbing survey found that less than one out of every four Republican members of Congress support building Trump’s border wall.  This is just one reason why we need to vote out the RINOs and replace them with pro-Trump candidates that will support President Trump’s agenda.

#36 Another survey discovered that 50 percent of all Americans favor a pre-emptive strike on North Korea even though many of them cannot even find North Korea on a map of the world.

#37 Last year criminals were able to hack into Equifax and make off with the credit information of 143 million Americans.

#38 Venezuela, the 11th largest oil producing country in the entire world, decided to stop using the petrodollar in 2017.  This was one of the biggest news stories of the entire year, and yet the mainstream media in the U.S. didn’t want to talk about it.

#39 It has been reported that only 25 percent of all Americans have more than $10,000 in savings right now.

#40 A study conducted by the Federal Reserve found that 44 percent of all U.S. adults do not even have enough money “to cover an unexpected $400 expense”.

#41 In the early 1970s, 70 percent of all men in the United States from the age of 20 to the age of 39 were married, but today that number has fallen to just 35 percent. Instead of getting married and starting families, a lot of our young men are still living at home with their parents. Today, 35 percent of all young men from the age of 21 to the age of 30 “are living at home with their parents or a close relative”.

#42 In 2017, the federal government spent more than 4 trillion dollars for the first time ever.

#43 Our government continues to waste money in some of the most insane ways imaginable. For example, in 2017 we learned that the U.S. military actually spends 42 million dollars a year on Viagra.

#44 One survey discovered that 40 percent of all Americans now “prefer socialism to capitalism”, and so we have much work to do if we intend to have any chance of turning this country around.

Michael Snyder is a pro-Trump 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.

Deep State Takedown In Progress: Is Trump About To Start Arresting Top Democrats And Bringing Them To Justice?

When Donald Trump gets hit, he always hits back even harder.  So when the deep state decided to conduct a legal witch hunt against President Trump and his family, they should have expected that Trump would return the favor.  In recent days, there have been all sorts of rumblings about sealed indictments, pending arrests and a “deep state takedown”.  Many believe that we are on the verge of seeing some of the most prominent Democrats in the entire nation being arrested and thrown in prison.  We shall see how all of this plays out, but in this article I am going to focus on the things that have been confirmed so far.

First of all, let’s talk about the documents that are going to be released on Friday.  According to Judicial Watch President Tom Fitton, the State Department is scheduled to release 2,800 government documents which were found on Anthony Weiner’s laptop…

.@StateDept will publish releasable portions of 2800 government docs that @FBI found on Anthony Weiner laptop tomorrow (Dec. 29th). Again, thanks to @JudicialWatch lawsuits. Will @RealDonaldTrump DOJ finally take action on Clinton/Abedin misdeeds?

Remember, this is just a portion of the documents that were found on his laptop, and the really juicy stuff is almost certainly not going to be found in these government docs.

There are persistent rumors that the really juicy stuff on his laptop contains evidence of sexual misconduct by top Democrats that would far surpass anything that has come out about members of Congress so far.  We are potentially talking about the type of stuff that could send people to prison for life, and we need to keep demanding for that material to be released to the public as soon as possible.  I understand that there are ongoing investigations that cannot be compromised, but there is no excuse for things to drag on for this long.

But without a doubt, there could potentially be some gamechanging material in the docs that we will get to see tomorrow.  The following is what Judicial Watch previously had to say about these documents…

“This is a disturbing development. Our experience with Abedin’s emails suggest these Weiner laptop documents will include classified and other sensitive materials,” said Judicial Watch President Tom Fitton. “When will the Justice Department do a serious investigation of Hillary Clinton’s and Huma Abedin’s obvious violations of law?”

Judicial Watch previously released 20 productions of documents in this case that show examples of mishandling of classified information and instances of pay to play between the Clinton State Department and the Clinton Foundation. Also, at least 627 emails were not part of the 55,000 pages of emails that Clinton turned over, and further contradict a statement by Clinton that, “as far as she knew,” all of her government emails had been turned over to department.

Based on just the evidence that we have so far, Hillary Clinton should clearly be going to prison, and let us hope that this latest development will move things in the right direction over at the Department of Justice.

Meanwhile, one of the other pieces of the puzzle that has been confirmed is a very curious executive order that was just issued by President Trump.  The following comes from Zero Hedge

The Trump Administration quietly issued an Executive Order (EO) last Thursday which allows for the freezing of US-housed assets belonging to foreign individuals or entities deemed “serious human rights abusers,” along with government officials and executives of foreign corporations (current or former) found to have engaged in corruption – which includes the misappropriation of state assets, the expropriation of private assets for personal gain, and corruption related to government contracts or the extraction of natural resources. 

Furthermoreanyone in the United States who aids or participates in said corruption or human rights abuses by foreign parties is subject to frozen assets – along with any U.S. corporation who employs foreigners deemed to have engaged in corruption on behalf of the company.

Many believe that this executive order is directly related to ongoing investigations into corruption within the Democratic Party.

More specifically, the wording of this executive order definitely sounds like it could have been written with Bill Clinton, Hillary Clinton, Tony Podesta and Uranium One in mind.  Here is more from Zero Hedge

Now consider that if reports from The Hill are accurate – an FBI mole deep within the Russian uranium industry uncovered evidence that “Russian nuclear officials had routed millions of dollars to the U.S. designed to benefit former President Bill Clinton’s charitable foundation during the time Secretary of State Hillary Clinton served on a government body that provided a favorable decision to Moscow (the Uranium One approval)” – a deal which would eventually grant the Kremlin control over 20 percent of America’s uranium supply right around the time Bill Clinton also collected $500,000 for a Moscow speech, as detailed by author Peter Schweitzer’s book Clinton Cash and the New York Times in 2015.

A very dangerous game is being played behind the scenes, and I believe that Trump is going to come out the big winner in the end.

Many on the left had been anticipating that 2018 would be the year when Donald Trump is finally taken down, but they will be bitterly disappointed when some of their most cherished heroes end up in shackles instead.

If the elite had not gone after Trump so brutally earlier this year, perhaps he would have been willing to let some things slide.  But once Robert Mueller was appointed as special counsel and given an unlimited amount of time, money and resources to dig up dirt on Trump, it was inevitable that Trump would try to find a way to strike back even harder.

We have never seen anything quite like this in the history of American politics, and I have a feeling that 2018 is going to be one of the most “interesting” years ever.

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.

Major Scandal: U.S. Congressman Says That There Was A ‘Concerted Effort’ Within The FBI To Help Hillary Clinton Win The Election

Did the FBI attempt to swing the outcome of the 2016 election in a certain direction?  I know that question sounds completely outrageous, but this is exactly what one member of Congress is now claiming.  For a long time we have known that elements within the Deep State have been actively working to undermine the Trump administration, but now solid evidence is emerging that the interference by the Deep State actually began during the presidential election.  As more details come out, this could easily become one of the biggest political scandals in U.S. history.

If you think that I am exaggerating, please consider what U.S. Representative Jim Jordan told Lou Dobbs just the other day

Rep. Jim Jordan: Listen you can’t make this stuff up. It gets worse each and every day… What deep down scares me, if this actually happened the FBI had a concerted effort with the people at the top to go after one party’s nominee to help the other party’s nominee. If that actually happened in the United States of America and everything each and every day points to more and more likely that that is what took place, it is sad for our country if that took place. And I think it did based on everything I am seeing. All the evidence points to that.

You can watch Jordan making these comments on YouTube right here

So what kind of evidence are we talking about?

Well, I am sure that Jordan has access to evidence that we currently do not, but one thing that we do have are extremely chilling text messages sent between FBI agent Peter Strzok and lawyer Lisa Page.  The following comes from Paul Joseph Watson

Amidst the 10,000 text messages sent between anti-Trump FBI agent Peter Strzok and lawyer Lisa Page is a bizarre exchange revealing how the two, almost certainly with Deputy FBI Director Andy McCabe, discussed an “insurance policy” in case Donald Trump won the presidential election.

“I want to believe the path you threw out for consideration in Andy’s office — that there’s no way [Trump] gets elected — but I’m afraid we can’t take that risk,” Strzok wrote to his mistress, adding, “It’s like an insurance policy in the unlikely event you die before you’re 40.”

Strzok needs to be brought before Congress as soon as possible so that he can explain exactly what he meant in those messages.  Because there is no way that an FBI agent should ever make statements like that, and even those in the liberal media are saying that this “looks very bad”

What kind of “insurance policy” were high level members of the FBI discussing to prevent Trump from winning the election less than three months before it took place?

As the Daily Beast’s Lachlan Markay, hardly a Trump cheerleader, notes, “This looks very bad.”

As Congress digs into this scandal, I would expect more shocking details to emerge.

It is imperative to remember that the establishment absolutely loathes Trump.  The hate everything that he stands for, and they are not willing to wait around until the 2020 election in order to get rid of him.

For the establishment, the goal is to personally destroy Trump and the movement that he represents.  In the past, it would have been unthinkable for television news anchors to talk hopefully about the possibility of the president and his team going to jail, but that is precisely what happened on MSNBC just a few days ago…

As the “noose” of Robert Mueller’s probe into the Trump team’s contacts with Russia is “tightening,” members of the administration are starting to understand they’re going “to jail … for the rest of their lives,” MSNBC’s Mika Brzezinski said Tuesday.

“Knowing them, I think they’re shocked that the noose is tightening,” Brzezinski said. “I don’t know if they were arrogant or incredibly un-self aware and really dumb about what the job was about, how important it was, and how under the microscope every move you made would be. I think they just thought they’d go in there and riff through it. And I think they’re shocked that the noose is tightening and that people might go to jail.”

“You’re exactly right,” her co-host and fiancé, Joe Scarborough, agreed.

“For the rest of their lives,” Brzezinski added, perhaps hopefully.

President Trump is not going to prison, and the entire Russian collusion investigation is a giant witch hunt.

Everyone knows this, but the establishment is so desperate to get rid of Trump that they will grasp at anything that even sounds remotely plausible.

And at this point, the entire Republican Party has become fair game for the psychopaths at MSNBC.  For example, during one recent segment Democratic pollster Fernand Amandi actually referred to the GOP as “a domestic terror group”

“And I think Joy, this is emblematic, this CHIP scenario, where you mentioned 9 million children, children, without health insurance. I think if you take a step back, one has to ask themselves, and I think the American people should ask themselves the broader question, what has the Republican Party, in the last 10 years, done to help the American people? What have they done? This is not a political party. This is a domestic terror group.

This kind of hateful rhetoric has got to stop.

Does Amandi really believe that Republicans should be rounded up and put in prison?  Because that is what happens to people that commit acts of domestic terror.

Or maybe he would like to see us all shipped off to Guantanamo Bay.  It is this sort of tyrannical thinking by the radical left that resulted in tens of millions of deaths in Stalin’s Russia and Mao’s China.

We are literally locked in a battle for the future of this nation, and if we lose, things are not just going to go bad for Trump and other high level members of the Republican Party.

If we ultimately lose this struggle, it will be a nightmare for all of us that truly love liberty and freedom, and America as we know it today will cease to exist.

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.

The Left Is Trying To Use The #MeToo Movement As A Weapon To Destroy Donald Trump

The left is willing to use any means necessary to get rid of Donald Trump, and so it should be no surprise that they are now using the #metoo movement as a weapon in their crusade against him.  Personally, I have been a big fan of the #metoo movement, and I have been thrilled to see so many sexual predators exposed in recent months.  I applauded the exposure of Hollywood giants such as Harvey Weinstein and Kevin Spacey, and I believe that the resignations of Al Franken and John Conyers will be followed by many others as the truth about what has been happening on Capitol Hill continues to come out.

But we need to be very careful, because this kind of a thing can become a feeding frenzy, and in this type of environment it can be way too easy for false accusers to seem like they are telling the truth.

Every claim of sexual misconduct should be taken extremely seriously, and we should also never jump to conclusions.  A single false allegation can permanently ruin someone’s life, and those that are wealthy or famous are easy targets.

On Monday, Megyn Kelly interviewed three women that had formerly made allegations against President Trump.  The following comes from CNN

On Monday morning, a trio of women — Rachel Crooks, Samantha Holvey and Jessica Leeds — went on Megyn Kelly’s NBC show to reiterate allegations of sexual misconduct against President Donald Trump that they first aired during the 2016 presidential campaign.

“We’re private citizens and for us to put ourselves out there to try to show America who this man is and especially how he views women and for them to say, we don’t care … it hurt,” Holvey told Kelly about how the allegations against Trump were handled during the 2016 campaign. “It’s just like, all right, let’s try round two. The environment’s different. Let’s try again.”

Millions of Americans are going to assume that since three women are all making allegations against Trump that they must be true.

But we already knew that the story that Jessica Leeds is telling is not accurate.  It turns out that there is an eyewitness that was sitting directly across the aisle from Leeds and Trump on the plane ride where the misconduct allegedly took place, and he says that it never happened.

The eyewitness is a British man named Anthony Gilberthorpe, and according to People magazine, he says that Trump didn’t do any of the things that Leeds is claiming…

“I have only met this accuser once and frankly cannot imagine why she is seeking to make out that Trump made sexual advances on her. Not only did he not do so (and I was present at all times) but it was she that was the one being flirtatious,”claimed Gilberthorpe, who is British.

And during an extended interview with Breitbart, Gilberthorpe gave an account of the flight from beginning to end…

“It was back in the days. I’d only visited America one time previous to that. I’m not familiar, as I’m sure with respect to a lot of American listeners tonight wouldn’t be familiar with a lot of our British businessmen,” he explained. “But he was nice. We were talking, we were laughing, he was reading, I was reading, et cetera. She came on, and she hogged the limelight. She wanted to talk to him in a most animated, exaggerated way. About 45 minutes after she had taken her seat and we had taken off, he went to use the toilet.”

Gilberthorpe said that during Trump’s absence, Leeds told him who his fellow passenger was, excitedly explaining that he was “one of the richest men in the world.”

“And her quote, not mine: ‘Oh, I can’t believe that I’m sitting next to him. I can’t believe it! This is the man I want to marry!’ Okay, it was all said in jest and joke, but she was so excited about having the chance, the opportunity, of sitting next to this man. I attempted to talk over to Trump, but she wasn’t really having much of it. I was talking to her, to him, for the remaining two-and-a-half hours of the journey. We landed in New York. Having landed, he politely said, ‘Goodbye,’ shook my hand, and shook hers. He didn’t kiss her, didn’t kiss her. And she and I left the plane together. She and I exchanged kisses. I went for my luggage. She did not go for her luggage. That’s another marker I’m putting down tonight,” he said.

After examining the evidence, I have come to the conclusion that Leeds is simply lying.  And that is a horrible thing to do, because she is discrediting the entire #metoo movement.

But the fact that Leeds is not telling the truth is not stopping Democratic lawmakers from using these allegations to hammer President Trump.  In fact, on Monday Senator Kirsten Gillibrand called for Trump to resign.

But that isn’t going to happen, and the White House is fighting back hard against these false allegations

The White House released a fresh statement early Monday decrying the “false” claims of the women at the press conference.

“These false claims, totally disputed in most cases by eyewitness accounts, were addressed at length during last year’s campaign, and the American people voiced their judgment by delivering a decisive victory,” a White House spokesperson said in a statement. “The timing and absurdity of these false claims speaks volumes and the publicity tour that has begun only further confirms the political motives behind them.”

It is funny how the mainstream media never even wanted to address the very serious allegations of sexual misconduct against Bill and Hillary Clinton that kept arising, and yet anyone with any sort of a claim against Trump gets front page coverage.

Once again, every single allegation of sexual misconduct needs to be taken extremely seriously, and when there is a contested claim it is absolutely imperative that we take the time to figure out who is telling the truth and who is lying.

In our legal system, everyone is innocent until proven guilty, and we should apply the same approach in the court of public opinion as well.

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.