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They Are Putting Armed Guards On Food Trucks In Venezuela

Security Guard - Public DomainWe are watching what happens when the economy of a developed nation totally implodes.  Just a few years ago, Venezuela was the wealthiest nation in all of South America, and they still have more proven oil reserves than anyone else on the entire planet including Saudi Arabia.  But now people down there are so hungry and so desperate that some of them are actually hunting dogs, cats and pigeons for food.  Just a few days ago, I gave a talk down at Morningside during which I warned that someday we would see armed guards on food trucks in America.  After that talk was done, I went back up to my room and I came across a New York Times article which had been republished by MSN that explained that this exact thing is already happening down in Venezuela… (Read More...)

Bilderberg 2016: What Are The Global Elite Plotting This Time Around?

Bilderberg Is Meeting At The Taschenbergpalais Hotel In DresdenLater this week, dozens of the most important men in the world are going to gather at an ultra-luxury hotel in Dresden, Germany to discuss the future of the planet.  What will happen at this meeting will not be televised, and the mainstream media in the United States will almost entirely ignore it, but decisions will be made at this conference that will affect the lives of every man, woman and child on the entire globe.  Of course I am talking about the Bilderberg Group, and for decades you were labeled a “conspiracy theorist” if you even acknowledged that it existed. (Read More...)

The Startling Truth About How Working Families Are Truly Faring In This Economy

Family Photo - Public DomainIt is hard to live the American Dream when the deck is stacked against you.  Our politicians stood idly by as millions of good paying jobs were shipped overseas, our economic infrastructure was absolutely gutted and multitudes of small businesses were choked to death by miles of red tape.  Now, we are reaping the consequences.  In America today, nobody has a job in one out of every five families, and there are more than 100 million working age Americans that are currency not working.  And thanks to our transition to a “service economy”, many of those that are actually working are deeply struggling too.  According to the Social Security Administration, 51 percent of all American workers make less than $30,000 a year.  And the Federal Reserve says that 47 percent of all Americans could not pay an unexpected $400 emergency room bill without borrowing the money from somewhere or selling something.  That means that about half the country is flat broke, and things get even more precarious for working families with each passing day. (Read More...)

8 Lessons That We Can Learn From The Epic Economic Meltdown In Venezuela

Venezuela Shortages - Photo by ZiaLaterWe are watching an entire nation collapse right in front of our eyes.  As you read this article, there are severe shortages of just about anything you can imagine in Venezuela.  That includes food, toilet paper, medicine, electricity and even Coca-Cola.  All over the country, people are standing in extremely long lines for hours on end just hoping that they will be able to purchase some provisions for their hungry families.  At times when there hasn’t been anything for the people that have waited in those long lines, full-blown riots have broken out.  All of this is happening even though Venezuela has not been hit by a war, a major natural disaster, a terror attack, an EMP burst or any other type of significant “black swan” event.  When debt spirals out of control, currency manipulation goes too far and government interference reaches ridiculous extremes, this is what can happen to an economy.  The following are 8 lessons that we can learn from the epic economic meltdown in Venezuela… (Read More...)

6-6-16: Satanists In Los Angeles Will Construct A Giant Pentagram To ‘Raise Awareness’ For Satanism

666 - Photo by Miran Rijavec on FlickrOn June 6th, a group from the Satanic Temple in Los Angeles will use GPS technology to construct a giant pentagram around the city of Lancaster, which is located in northern Los Angeles County.  The goal is to “raise awareness” for Satanism, and it looks like this event has already accomplished that goal.  Of course this particular date was chosen because it corresponds closely to “666” and the Mark of the Beast that we read about in the Book of Revelation, and therefore this little group of Satanists will receive some unusual media attention this week.  But as you will see below, there are other things that we should be far more concerned about than this. (Read More...)

Member Of Congress: It’s Easy ‘To Manipulate A Nation Of Naive, Self-Absorbed Sheep’

Sheeple - Photo by Andrew R TesterYou may not believe the incredible things that one member of Congress is saying about the corruption of our political system and the gullibility of the American people.  In a brand new book entitled “The Confessions of Congressman X“, one anonymous member of the U.S. House of Representatives confesses that he hardly ever reads the bills that he votes on, that his main job is to get reelected, and that it is “far easier than you think to manipulate a nation of naive, self-absorbed sheep who crave instant gratification”.  This book is being published by Mill City Press, and it is being billed as “a devastating inside look at the dark side of Congress as revealed by one of its own.”  I don’t know if you would classify this anonymous member of Congress as “brave” since he does not wish to reveal his identity, but the things that he is admitting confirm suspicions that many of us have had for a very long time.  Just check out a few of the most important quotes from his book… (Read More...)

Housing Crash?: U.S. Existing Home Sales Fall By The Most In Six Years

Home For Sale - Public DomainWe just got more evidence that a major economic slowdown is underway here in the United States.  Existing home sales were down a whopping 7.1 percent during the month of February, and this represented the biggest decline that we have seen in six years.  This is yet another sign that we are in the early stages of a new crisis that is eerily reminiscent of what happened back in 2008.  The truth is that most U.S. consumers are tapped out, and when you are tapped out it is really hard to get a mortgage.  Banks aren’t really fond of lending money to people that can’t pay it back, and in recent years housing prices in many areas have risen to levels that are beyond the reach of most middle class families. (Read More...)

Unless Someone Gets To 1,237 Delegates, The Republican Convention Is Going To Be A Giant Mess

Republican Convention - Photo by William Beutler2016 is turning out to be the strangest election season that we have seen in decades, and it may soon get far stranger.  At this point, most people assume that Donald Trump is going to be the Republican nominee, and without a doubt he has had a tremendous amount of success.  But because most of the states so far have apportioned delegates proportionally, Trump only has 44.8 percent of the delegates that have been awarded up to this point.  So Trump is going to have to do significantly better through the rest of the process in order to get to the magic number of 1,237 delegates, especially since not all of the delegates are awarded through the primaries and caucuses.  As Real Clear Politics has detailed, every state “is awarded so-called ‘RNC delegates,’ who are party officials with automatic credentials to the convention“. (Read More...)

Financial Crisis 2016: High Yield Debt Tells Us That Just About EVERYTHING Is About To Collapse

Money Tornado - Public DomainDid you know that there are more than 1.8 trillion dollars worth of junk bonds outstanding in the United States alone?  With interest rates at record lows all over the world in recent years, investors that were starving for a decent return poured hundreds of billions of dollars into high yield debt (also known as junk bonds).  This created a giant bubble, but at first everything seemed to be going fine.  Defaults were very low and most investors were seeing a nice return.  But then the price of oil started crashing and the global economy began to slow down significantly.  Energy company debt makes up somewhere between 15 and 20 percent of the junk bond market, and the credit rating downgrades for that sector are coming fast and furious.  But it isn’t just the energy industry that is seeing a massive wave of defaults, debt restructurings and bankruptcy filings.  Just like with subprime mortgages in 2008, investors are starting to wake up and realize that the paper that they are holding is not worth a whole lot.  So now investors are rushing for the exits and we are starting to see panic on a level that we have not witnessed since the last financial crisis. (Read More...)