Dec 012016
 

goodness

CNS News: “The federal debt moved above 19,900,000,000,000 for the first time as of the close of business, Nov. 22, the Tuesday before Thanksgiving, according to data released by the Treasury.

On that day, it rose from $19,899,004,081,493.50 to $19,907,540,739,514.52.”

Opinion: Not one person in the Federal government seems too worried.

President-elect Trump says he will cut deficit spending despite calling for a $1 trillion infrastructure spending plan. How you might ask?

By doing what every president said he would do for the last 50 years but never did: eliminating government bureaucracies like the Department of Education or the Department of Energy.

To be fair, Mr Trump is the first businessman to hold office since Harry Truman and we plan to give him the benefit of the doubt. But isn’t it interesting that Harry Truman is the president known as the man who helped create the State of Israel on May 14, 1948?

And if Donald Trump follows through on his promise to move the US Embassy from Tel Aviv to Jerusalem he will become known as the man who recognized Israel’s eternal capital.

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Nov 192016
 

woo

Breitbart: “With Silicon Valley CEOs terrified that President Donald Trump will retaliate against offshoring production, Apple is already preparing to move iPhone production back to America.

Opinion:  Somehow, Democrats see no connection between the highest corporate tax rate in the world and manufacturers and jobs fleeing the United States.

Lowering the corporate tax rate from 35% to 15% is a no brainer.

President elect Donald Trump: “We gotta bring back the jobs from China, we gotta bring back the jobs from Japan, and all these countries that are ripping us off. And we’re gonna do that. And we are gonna do that.”

On Thursday Ford announced it would not be moving it’s Lincoln SUV production to Mexico, yesterday it was Apple, who’s next?

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Oct 222016
 

counts

The Telegraph: “The risk of a US recession next year is rising fast. The Federal Reserve has no margin for error.

Liquidity is suddenly drying up. Early warning indicators from US ‘flow of funds’ data point to an incipient squeeze, the long-feared capitulation after five successive quarters of declining corporate profits.”

Opinion: I can’t help but remember when people complained that the wait at the US Post Office was too long and the government’s solution was to eliminate clocks.

In the same way, when the Obama government decided that GDP (Gross Domestic Product) continued to show weak economic growth they decided to change how GDP is calculated.

That is exactly what happened in 2013 when the government added a bunch of dubious calculations to GDP to show healthy, but phony, economic growth.

Wham-o, things didn’t look as gloomy and President Obama crowed on endlessly about how his plan was working.

But even with the sleight of hand, the US economy is now growing at an anemic 1%, which is 2 percentage points below what is needed to provide jobs for new workers coming into the labor force.

The Federal Reserve’s main tool for stimulating the economy is to lower short-term interest rates. But since rates have been at zero or near zero for a decade that option has been off the table.

That is why the Fed wants to raise rates so badly. The problem is that when they raised by 1/4 point in December 2015 the markets went into a nose dive.

The Fed has experimented with dubious schemes like QE and Twist which are nothing more than creating counterfeit money, handing it to the big banks and letting them drive equity, bond, and real estate prices higher.

Once again, we can look to the word of God for guidance. In Genesis 41:28-30 Joseph interpreted the dreams of Pharaoh:

“ …. God has shown to Pharaoh what He is about to do. There will come seven years of great plenty throughout all the land of Egypt, but after them there will arise seven years of famine, and all the plenty will be forgotten in the land of Egypt. “

The last recession ended in 2009.

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Oct 072016
 
New York Times to Obama: Hit Israel hard

Arutz Sheva: “The New York Times has demanded US President Barack Obama use his last months in office to hit Israel hard diplomatically. Apparently, this is in response to the fact that the Israeli government “approved the construction of a new Jewish settlement in the West Bank,” which is simply “another step in the steady

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Sep 062016
 
To “Save Our Planet,” Obama Tramples Congress and Constitution

The New American: “Alongside a brutal communist dictator, Obama used his infamous pen and his huge ego this weekend to “save our planet” from humans and the essential-to-life gas carbon dioxide they all exhale. At least that is what the would-be savior of the planet wants people to think. In the city of Hangzhou, China,

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Sep 022016
 
Jackson Hole’s Gangsters and Banksters: What Are They Planning?

The New American: “As we have noted in our past reports on the Jackson Hole events of the Fed, (see, for instance, Jackson Hole Conclave: Central Bankers Plan Global Theft, Massive Pain) these yearly jamborees bring together the capi de tutti capi (the “bosses of all the bosses”) of the Money Mafia to decide how much

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Yellen suggests letting the Fed buy more kinds of assets

 Finance, GLOBAL ECONOMY, ObamaCare, QE, US Economy  Comments Off on Yellen suggests letting the Fed buy more kinds of assets
Aug 272016
 
Yellen suggests letting the Fed buy more kinds of assets

Washington Examiner: “Federal Reserve Chairwoman Janet Yellen suggested that the central bank might buy more kinds of assets in a future crisis during a speech Friday on the tools available to the Fed to manage the money supply. In an address prepared for an appearance at an annual conference in Jackson Hole, Wyo., Yellen said

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