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...)
Drowning In Debt
Why Has There Been A 56 Percent Increase In Suicide Among Young Americans In Just 10 Years?
It is very hard to face the future when you don’t have any hope. Today, our society offers more ways to entertain ourselves than ever before, but it offers very little hope. Most people spend most of their lives wandering from one thing to another looking for meaning and purpose, and of course most of those journeys come up empty. We may have a much higher standard of living than any other generation in history, but we are also have the highest rates of addiction, depression and suicide. As a society, we are deeply, deeply unhappy, and this is especially true for our young people. In fact, a report that was just released discovered that there was a 56 percent increase in suicide among Americans from age 10 to age 24 in just 10 years… (Read More...)
It’s Over: The Democrats And The Republicans Are Both Conspiring To Bankrupt America And Destroy Our Future
Both major political parties are working together to destroy America’s financial future, and most Americans don’t seem to care. Once upon a time, the Republicans were considered to be “the party of fiscal responsibility”, but now they are just as bad as the “free spending” Democrats. As you will see below, a “compromise” budget deal was just reached which will dramatically increase federal spending and will suspend the federal debt limit until after the next election. In other words, both sides are conspiring to make our debt problem much, much worse over the next year and a half, and this should be causing howls of outrage all across America. But instead most Americans seem content to go along with the free spending ways of our political leaders, and only a handful of voices are sounding the alarm as we steamroll toward financial oblivion. (Read More...)
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...)
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...)
America Has Millions Of Millennial Brats That Need To Move Away From Mommy And Daddy And Start Acting Like Adults
If young adults are America’s future, then they better get their act together. Today, over 30 percent of 18 to 34-year-olds live with their parents or other family members. Meanwhile, marriage rates and fertility rates in the United States have both hit record lows in recent years. Instead of coddling these self-absorbed Millennial narcissists well into their adult years, we need to be kicking them out of the nest and encouraging them to learn to fend for themselves. In many instances, if they do not learn how to act like adults by the time they are 35, they never will. It is time for parents all over America to exercise some tough love, because we are facing a major national crisis. (Read More...)
Suicide Epidemic: Why Does The Number Of People Killing Themselves Just Keep Going Up?
Did you know that more Americans now die from suicide than are killed in car crashes each year? According to the CDC, there has been a substantial spike in suicide deaths in the United States in recent years. Today, approximately 9.3 million Americans admit to having suicidal thoughts, and approximately 2.7 million Americans each year actually make a plan for how they would commit suicide. We are a deeply, deeply unhappy nation, but of course this phenomenon is not just limited to America. According to the World Health Organization, suicide is now the third highest cause of death in the entire world. Globally, suicide rates have soared by 60 percent over the past 45 years, and the WHO is now projecting that by the year 2020 someone will be committing suicide somewhere in the world every 20 seconds. (Read More...)