Very few people are talking about it, and even fewer are bothering to object, but by borrowing and spending so much money our politicians are essentially feeding America’s financial future into a wood chipper. It took from the founding of our country all the way to 1981 before the U.S. national debt reached one trillion dollars. Incredibly, we just added more than a trillion dollars to our national debt in less than a month. On April 5th, we were 23.9 trillion dollars in debt, and by May 4th we were 25 trillion dollars in debt. Fear of the coronavirus has caused nearly all of our politicians to suddenly become socialists, and we are being told that trillions more in spending may be coming. This is complete and utter lunacy, and we are leaving future generations of Americans with a mountain of debt that would absolutely crush them. But of course our society may not even last too much longer at the rate we are going. For years I have been loudly warning that our absurd national debt is an existential threat to America’s future, but at this point both major political parties have completely abandoned any sense of fiscal responsibility. Now our national debt is rapidly speeding toward the 26 trillion dollar mark, and the House of Representatives just passed a bill that would borrow and spend an additional 3 trillion dollars that we do not currently have… (Read More...)
Michael T. Snyder
The Most Medicated Country In The World: 46% Of Americans Have Taken A Pharmaceutical Drug Within The Last 30 Days
If it seems like about half the country is on drugs, that is because it is actually true. According to a new survey from the National Center for Health Statistics, almost half of all Americans have taken a pharmaceutical drug within the past 30 days, and that officially makes us “the most medicated country in the world”. And needless to say, those dealing these drugs are becoming exceedingly wealthy at our expense. The average American spends $1,200 a year on prescription drugs, but of course many Americans spend far more than that and others spend nothing at all. In recent years there has been a tremendous backlash against the big pharmaceutical corporations, because many of them have become exceedingly greedy. As you will see below, prices have been raised on 650 different drugs this year alone. Once they get their claws into you, the pharmaceutical giants want to get every last penny out of you that they possibly can. (Read More...)
Shocking New Study Finds That 137 Million Americans Suffered “Medical Financial Hardship In The Past Year”
The healthcare system in the United States is deeply broken, and it is causing massive financial pain for millions of American families. Previously, I have published articles where I talked about how medical bills are the primary factor in two-thirds of all personal bankruptcies in the United States, and that Americans had to borrow a whopping 88 billion dollars last year to cover medical costs. This is happening even though more than 90 percent of all Americans have some form of health coverage. Thanks to soaring deductibles and health insurance policies that are absolutely riddled with loopholes, more Americans than ever are being wiped out by medical bills. And now a brand new study that was conducted by researchers from the American Cancer Society has discovered that 137.1 million Americans suffered “medical financial hardship in the past year”. The following comes directly from the study… (Read More...)
18 Statistics That Prove That America Has Become An “Idiocracy”
What in the world has happened to us? Once upon a time, America had the greatest system of education on the entire planet, and our people were sharp, capable and extremely well informed. Sadly, none of those things are true anymore. In 2006, Mike Judge made a movie entitled “Idiocracy” in which an individual of below average intelligence wakes up after being asleep for 500 years thanks to a military hibernation experiment. When he wakes up, he quickly realizes that he is now the smartest man in America, and that is not a good thing. The film became an instant classic, but when I originally watched it I thought that such a thing could never actually happen in this country. Unfortunately, I was wrong. Since 2006 our nation has been “dumbed down” at a pace that is absolutely staggering, and it is difficult to see a positive future for America if this trend continues. (Read More...)
Is An Asteroid Coming? The Proposed Budget For NASA’s ‘Planetary Defense Coordination Office’ Is Suddenly Increased To $150 Million
It didn’t make many national headlines, but the proposed budget for NASA’s “Planetary Defense Coordination Office” was just increased by 90 million dollars. At a time when our national budget is already stretched to the max, this seems like an odd thing to be spending so much money on. As you will see below, the “Planetary Defense Coordination Office” is only two years old, and it is in charge of tracking threats posed by near-Earth objects such as asteroids. Needless to say, if a giant asteroid suddenly hit our planet it would be the greatest catastrophe in modern times and for those of us that survived our lives would be radically different from then on. So the threat is real, but in recent years NASA has assured the public that there are no imminent threats. Has that now changed? (Read More...)
Is Yellowstone Going To Erupt? New Geysers Are Erupting And “Debris And Rocks” Are Being Hurled Into The Sky…
I watch Yellowstone very closely, because an eruption of the Yellowstone supervolcano could end life as we know it in America in a single moment. A full-blown eruption of Yellowstone could potentially dump a suffocating layer of volcanic ash that is at least 10 feet deep on almost the entire country, and it would instantly render about two-thirds of this nation completely uninhabitable. So yes, when Yellowstone starts rumbling there is a reason to pay attention, and right now Yellowstone is starting to rumble in ways that are unprecedented. That doesn’t mean that an eruption is imminent, but without a doubt what is currently taking place is more than just a little bit alarming. (Read More...)
Please Contribute To The 2017 Michael Snyder For Congress Money Bomb
Wouldn’t it be great if Congress was absolutely packed with strong constitutional conservatives that consistently fought for true conservative values? It has been said that our government is a reflection of who we are as a people, and the only way that we are going to take our government back is if we fight for it. I have talked to so many conservatives that are sick and tired of being betrayed by “Republicans in name only” over and over again, but the only way that we are going to break this cycle is if good people start running and if we get behind them. Personally, I am in a very tight race in Idaho’s first congressional district, and the only way that I can win is if it is a total team effort. There is no way that I can do this alone, and fortunately we have had some absolutely extraordinary people get involved in the campaign as volunteers. But if you don’t have the time to serve as a volunteer, you can still contribute to the campaign in other ways. Today we are launching our “2016 Money Bomb”, and the deadline for participating is November 30th. If you would like to donate, you can do so here… (Read More...)