The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars

The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it.  According to the U.S. Treasury, the federal government is currently 22 trillion dollars in debt, and that represents the single largest debt in the history of the planet.  Over the past decade, we have been adding to that debt at a rate of about 1.1 trillion dollars a year, and we will add more than a trillion dollars to that total once again this year.  But when you add in our unfunded liabilities, our long-term financial outlook as a nation looks downright apocalyptic.  According to Boston University economics professor Laurence Kotlikoff, the U.S. is currently facing 200 trillion dollars in unfunded liabilities, and when you add that number to our 22 trillion dollar debt, you get a grand total of 222 trillion dollars. (Read More...)

12 Statistics That Prove That The U.S. Is Facing A Consumer Debt Apocalypse

In the entire history of the United States, consumers have never been in so much debt.  And that would not be a crisis as long as the vast majority of us were regularly making our debt payments, but as you will see below delinquency levels are starting to rise to extremely alarming levels.  In fact, some of the numbers that are coming in are even worse than we witnessed at any point during the last recession.  If things are this bad already, what are they going to look like once the economy really gets bad?  Because even though it appears that we are heading into a new recession, according to the Federal Reserve it has not officially begun yet.  That means that much worse is yet to come.  Just like last time, millions of Americans will likely lose their jobs, and without an income most of those that suddenly find themselves unemployed will not be able to pay their bills.  The stage is set for the largest tsunami of consumer debt defaults that this country has ever seen, and that will absolutely devastate major financial institutions all across America. (Read More...)

50 Actual College Course Titles That Prove That America’s Universities Are Training Our College Students To Be Socialists

What in the world are they teaching to our young people?  As you go through the list of college course titles below, I am sure that many of you will be completely shocked.  Most parents assume that they are sending their children to college to get prepared for their future careers, but the truth is that a lot of our major colleges and universities have become little more than indoctrination centers for progressive thought.  Our college students are literally being systematically trained to be socialists, and it is working.  According to a brand new Harris Poll that was just released, 37.2 percent of all Americans “prefer living in a socialist country”.  But for Millennials and Generation Z combined, that figure is 49.6 percent.  That means that essentially half of our young adults want to be socialists, and that has enormous implications for the future of our society. (Read More...)

Deadbeat Nation: 37 Million Credit Card Accounts In The U.S. Are “Seriously Delinquent” Right Now

Is the consumer debt bubble finally starting to burst?  If the latest numbers on delinquent credit card accounts are any indication, that appears to be precisely what is happening.  As I noted the other day, Americans currently have 480 million credit cards, and they are carrying 870 billion dollars worth of balances on those cards.  That is one giant pile of debt, but there won’t be a problem as long as the vast majority of Americans regularly make their credit card payments.  Unfortunately, the number of credit card accounts that are delinquent has been steadily rising, and now we are being told that the number of “seriously delinquent” accounts has shot up to 37 million(Read More...)

Rural Sheriff’s Ominous Warning To Citizens: “LOCK YOUR DOORS, LOAD YOUR GUNS AND GET YOU A BARKING, BITING DOG”

Is this a sign of what is coming for the rest of the nation?  In Martin County, Kentucky times are very tough right now.  Thanks to severe budget cutbacks, there are only two paid law enforcement officers covering a deeply impoverished 231-square-mile area that sits right in the heart of America’s raging opioid crisis.  Needless to say, Martin County Sheriff John Kirk feels greatly outnumbered by the thieves, sexual predators and drug dealers that he has to contend with on a daily basis, and he recently issued a very ominous warning to the citizens of his county(Read More...)

Sorry AOC, A Stunning New Poll Has Found That Public Support For Capitalism Is Growing In America

The meteoric rise of Alexandria Ocasio-Cortez and other young progressive politicians has led many to believe that the American public must be warming up to socialism.  But what if that isn’t true at all?  Certainly there is a certain segment of the population that absolutely embraces the message that AOC, Bernie Sanders, Elizabeth Warren and other socialists are preaching, but could it be possible that the American people as a whole are actually moving in the opposite direction?  According to a shocking Fox News poll that just came out, the percentage of Americans that want the government to leave them alone is going up, and the percentage of Americans that want the government to lend them a hand is going down… (Read More...)

This Is The Reason Why The Left Hates Mike And Karen Pence With A Passion…

Mike Pence is the most hated vice-president in modern American history, and mountains of abuse have been heaped upon his wife Karen Pence.  The left hates them with a passion, and the reason they are hated so much is actually very simple.  It is because they are Bible-believing Christians.  In America today, there is so much fuss about the political rancor between “the right” and “the left”, but what we are facing in this country is so much deeper than that.  In reality, we are in the midst of a culture war that has been raging for decades, and the anti-Christian worldview that the left espouses has been winning that war.  But now Donald Trump and Mike Pence are attempting to reverse the tide of the battle, and this is driving the left nuts.  And even though Mike Pence is a very mild-mannered individual, celebrities such as Lady Gaga and Joy Behar have made national headlines by viciously attacking his Christian faith. (Read More...)

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