Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars

If we do not change course, our once great nation will be destroyed by a debt that has grown wildly out of control. We are facing an unprecedented debt crisis that literally threatens to bring our country to an end, … Continue reading Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars

Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars

If we do not change course, our once great nation will be destroyed by a debt that has grown wildly out of control. We are facing an unprecedented debt crisis that literally threatens to bring our country to an end, … Continue reading Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars

Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars

If we do not change course, our once great nation will be destroyed by a debt that has grown wildly out of control. We are facing an unprecedented debt crisis that literally threatens to bring our country to an end, … Continue reading Over The Past 12 Months, The U.S. National Debt Has Increased By 1.271 Trillion Dollars

Debt Nightmare: Does Anyone Actually Care That Our Exploding National Debt Is Destroying Our Future?

When will America finally wake up? The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles.  We have willingly enslaved ourselves, our children and our grandchildren, and yet our addiction is so insatiable that we continue to add more than 100 million dollars to our debt load every single hour of every single day.  The national debt is sitting at a grand total of $20,162,176,797,904.13 at this moment, but now that the debt ceiling has been lifted that number is expected to shoot up very rapidly toward 21 trillion dollars by the … Continue reading Debt Nightmare: Does Anyone Actually Care That Our Exploding National Debt Is Destroying Our Future?

Debt Insanity: Does Anyone In Washington Even Care That We Are 20 Trillion Dollars In Debt?

There has been a tremendous amount of talk about the spending deal that was just reached in Congress. Most of the focus has been on who “won” and who “lost” politically, and if you have been keeping up with my articles you definitely know my opinion on the matter. But what nobody is really talking about is that this deal actually increases spending at a time when our debt has been absolutely exploding. We added more than a trillion dollars a year to the U.S. national debt during Obama’s eight years in the White House, and our debt binge actually … Continue reading Debt Insanity: Does Anyone In Washington Even Care That We Are 20 Trillion Dollars In Debt?

At This Current Pace, A Record-Shattering 2.4 Trillion Dollars Will Be Added To The National Debt This Year

Barack Obama is about to become the 20 trillion dollar man.  With less than two months to go in his second term, the U.S. national debt stands less than 150 billion dollars away from the 20 trillion dollar mark.  And … Continue reading At This Current Pace, A Record-Shattering 2.4 Trillion Dollars Will Be Added To The National Debt This Year

Why Donald Trump Must Shut Down The Federal Reserve And Start Issuing Debt-Free Money

If Donald Trump truly wants to fix the economy, he must shut down the Federal Reserve.  If he just tries to patch up our current system, he will fail, because it has been fundamentally flawed from the very beginning.  A … Continue reading Why Donald Trump Must Shut Down The Federal Reserve And Start Issuing Debt-Free Money

$7 Billion in Farmer Subsidies Puts the Economic Insanity of Government Farm Policy on Display

Our government continues to find new and innovative ways to waste taxpayer money, including buying off key constituencies (donors), all of which helps explain why our country is nearly $20 trillion in debt

Continue reading $7 Billion in Farmer Subsidies Puts the Economic Insanity of Government Farm Policy on Display

George Soros Tells America To Take Their Money Out of the Banks Before It Is too Late

The present objective of George Soros: When George Soros is not donating millions to the North American Man Boy Love Association (NAMBLA), his money  movements have been predictive of an impending economic collapse. This has made him the most watched bankster in the world. If you have any money in a domestic American bank, you would be wise to read this article and act accordingly. George Soros Is the Enemy of the American People and Traditional American Values Judge a man by what he does, not by what he says. Through his actions, George Soros is telling the American people … Continue reading George Soros Tells America To Take Their Money Out of the Banks Before It Is too Late

What’s In Store For Our Freedoms In 2016? More Of Everything We Don’t Want

“Those who cannot remember the past are condemned to repeat it.”—George Santayana, The Life of Reason, Vol. 1 In Harold Ramis’ classic 1993 comedy Groundhog Day, TV weatherman Phil Connors (played by Bill Murray) is forced to live the same day over and over again until he not only gains some insight into his life but changes his priorities. Similarly, as I illustrate in my book Battlefield America: The War on the American People, we in the emerging American police state find ourselves reliving the same set of circumstances over and over again—egregious surveillance, strip searches, police shootings of unarmed citizens, government spying, … Continue reading What’s In Store For Our Freedoms In 2016? More Of Everything We Don’t Want

It’s Official: Over A Trillion Dollars A Year Will Be Added To The Debt During Obama’s Presidency

Under Barack Obama, the U.S. national debt has risen from $10,626,877,048,913.08 on January 20th, 2009 to $18,795,033,928,275.59 on December 21st, 2015.  That means that the debt that we are passing on to future generations has increased by 8.16 trillion dollars since Barack Obama was inaugurated.  There is still a little more than a year to go in Obama’s presidency, and it is already guaranteed that Obama will add more than a trillion dollars a year to the national debt during his presidency.  In fact, when you do the math, we are stealing more than 100 million dollars from future generations of Americans … Continue reading It’s Official: Over A Trillion Dollars A Year Will Be Added To The Debt During Obama’s Presidency

Piketty: “Germany Has Never Repaid Its Debts; It Has No Standing To Lecture Other Nations”

One year after Tomas Piketty sold a record number of economic textbook paperweights which virtually nobody read past page 26, once again showing the power of constant media hype, the French economist and wealth redistributor is out and about, this … Continue reading Piketty: “Germany Has Never Repaid Its Debts; It Has No Standing To Lecture Other Nations”

Metaphor For America: Starving 4 Pound Baby Dies In Car While Parents Eat At Golden Corral

What should be done to parents that stuffed themselves full of food at a Golden Corral while their starving four pound baby girl died in their car outside?  This actually just happened down in Florida, and it is a crime … Continue reading Metaphor For America: Starving 4 Pound Baby Dies In Car While Parents Eat At Golden Corral

Running up Debt before Bankruptcy?

In the late 1990s, I met a Chinese businessman here at Dallas who knew his business would soon go bankrupt.  He concealed that knowledge from his bank and other financial institutions. In anticipation of that bankruptcy, he applied to 10 different banks for credit cards.  Believing his business to be financially viable, the banks issued all 10 credit cards–each with a $25,000 limit.  He acquired a collective credit limit of $250,000. He exhausted his $250,000 credit card limit in the first month after he received the credit cards.  He bought TVs, lawnmowers, new clothes and signed up for vacations.  Then, … Continue reading Running up Debt before Bankruptcy?

Will Anything Really Change After The Midterm Elections?

The more things change, the more things stay the same.  As I write this, it looks like the Republicans are going to take control of the U.S. Senate.  But will that actually alter the direction of the country?  Will that actually change anything?  There are many that hope that this could represent a “turning point” for America, but history tells us that almost certainly will not be the case.  Over the past 30 years, things have changed very little no matter which party has controlled the White House and no matter which party has controlled Congress.  During that time frame, … Continue reading Will Anything Really Change After The Midterm Elections?

European Bloc Balks Over “Austerity”

The New York Times reported in “Bloc in Europe Starts to Balk Over Austerity” that:  “European leaders arrived in Milan for a summit meeting . . . despite gloomy financial news this week of stock markets tumbling and borrowing costs shooting up . . . . “In past years, the eurozone nations buckled under to German demands to slash budget deficits and roll back public services, and then watched in dismay as unemployment rates shot into the double digits and growth collapsed. Now, France, Italy and the European Central Bank (ECB) have coalesced into a bloc against Germany, and they are … Continue reading European Bloc Balks Over “Austerity”

The Growing Danger of Debt

I’ve warned people for at least five years that the national debt is too great to ever be repaid in full.  That fact is my principle reason for advocating ownership of gold.  I don’t advocate gold because it’s metal, yellow or shiny.  I advocate gold because the fiat dollar must die, and the national debt will contribute to, and probably cause, that death.  In the midst of that trauma, gold should become incredibly valuable. Over the past five years, I’ve warned that “what can’t be paid, won’t be paid” and therefore, either by secretive inflation or by open repudiation most of … Continue reading The Growing Danger of Debt