Liberals are idealists. Therefore, they are incapable of seeing reality. Conservatives are realists. We delve and dig until we discover the truth and understand what's coming. What is coming to America and western Europe is disaster. Western leaders are committing national suicide under the aegis of Left wing lunatic, Barack Obama, and the Left Wing crazies running the European Union.
Our leaders suicidal intent has gone past ideation into the implementation stage, and this is placing all of us in extreme danger. The Liberals (idealists) vacantly think that importing millions of foreign nationals (principally young Muslims of fighting age) is wonderful thing. However, Conservatives know this is horrific because it will eventually result in an Islamic state… something that is already happening in vast regions of Europe and large areas of the United States. And when the paradigm shift happens and there are too many voting foreign nationals for the indigenous west to override, that is precisely when the idealists (the Liberals) will awaken to the horror they have wrought upon all of us: Sharia law, the removal of all rights for women, the subjugation of women, the outlawing of homosexuality, the mass murder of gays, and finally… the destruction of Christianity and Democratic principles. The end of western values and culture is coming faster than any of us ever thought possible, but the idealists (the Leftists and Liberals) won’t see it until it is too late, and maybe not, even then. Idealists simply never see real-time consequences of their notions and even in the midst of their own self-imposed self-destruction – they will impulsively look for others to blame.
Conversely, the Conservatives (the realists) do see disaster coming, and the certain knowledge of precisely who is ushering in destruction for all. This is driving many common sense conservatives over the edge; making it vital that all good conservative try to rally people back to common sense. We must somehow convince the confused idealist liberals that they are bringing all of us disaster.
There is only one hope for America and that is Donald Trump.
There is only one hope for Europe, and that is if the common-sense realists rally enough people to throw off the suicidal maniacs at the European Union – before it is too late.
A few final observations validate what I’ve already written. At a time when our leaders should be encouraging us to open our eyes and speak out; to exercise our 2nd Amendment rights and arm up; to adopt “Armed Designated Defenders” when we go to soft target venues; to demand of the authorities that they listen to us when we report suspicious activity… we have this monstrous man in the White House blaming us for the carnage and trying to disarm us…
Obama must go. The European Union must go. And never, ever, EVER… Hilary Clinton. And God’s speed to Donald Trump.
Titus Corleone www.tituscorleone.com
Porter Stansberry is someone every American should read. I follow him regularly, and this article is important enough to post on my own site. America is Trillions of Dollars in debt, and it will not take only a few small upsets on the international economic scene to destroy us. Stansberry predicted the last three crashes and he says the big one is on it's way. This is what Obama has led us too, and Hilary would strike the final nails in our coffin. It's no longer about GOP and DNC people. We are in extreme danger, and if Trump isn't elected in November, we are finished.
Uncle Sam on life support: Read on...
The Bankruptcy of the United States is Now Certain
It's one of those numbers that's so unbelievable you have to actually think about it for a while... Within the next 12 months, the U.S. Treasury will have to refinance $2 trillion in short-term debt. And that's not counting any additional deficit spending, which is estimated to be around $1.5 trillion. Put the two numbers together. Then ask yourself, how in the world can the Treasury borrow $3.5 trillion in only one year? That's an amount equal to nearly 30% of our entire GDP. And we're the world's biggest economy. Where will the money come from?
How did we end up with so much short-term debt? Like most entities that have far too much debt - whether subprime borrowers, GM, Fannie, or GE - the U.S. Treasury has tried to minimize its interest burden by borrowing for short durations and then "rolling over" the loans when they come due. As they say on Wall Street, "a rolling debt collects no moss." What they mean is, as long as you can extend the debt, you have no problem. Unfortunately, that leads folks to take on ever greater amounts of debt... at ever shorter durations... at ever lower interest rates. Sooner or later, the creditors wake up and ask themselves: What are the chances I will ever actually be repaid? And that's when the trouble starts. Interest rates go up dramatically. Funding costs soar. The party is over. Bankruptcy is next.
When governments go bankrupt it's called "a default." Currency speculators figured out how to accurately predict when a country would default. Two well-known economists - Alan Greenspan and Pablo Guidotti - published the secret formula in a 1999 academic paper. That's why the formula is called the Greenspan-Guidotti rule. The rule states: To avoid a default, countries should maintain hard currency reserves equal to at least 100% of their short-term foreign debt maturities. The world's largest money management firm, PIMCO, explains the rule this way: "The minimum benchmark of reserves equal to at least 100% of short-term external debt is known as the Greenspan-Guidotti rule. Greenspan-Guidotti is perhaps the single concept of reserve adequacy that has the most adherents and empirical support."
The principle behind the rule is simple. If you can't pay off all of your foreign debts in the next 12 months, you're a terrible credit risk. Speculators are going to target your bonds and your currency, making it impossible to refinance your debts. A default is assured.
So how does America rank on the Greenspan-Guidotti scale? It's a guaranteed default. The U.S. holds gold, oil, and foreign currency in reserve. The U.S. has 8,133.5 metric tonnes of gold (it is the world's largest holder). That's 16,267,000 pounds. At current dollar values, it's worth around $300 billion. The U.S. strategic petroleum reserve shows a current total position of 725 million barrels. At current dollar prices, that's roughly $58 billion worth of oil. And according to the IMF, the U.S. has $136 billion in foreign currency reserves. So altogether... that's around $500 billion of reserves. Our short-term foreign debts are far bigger.
According to the U.S. Treasury, $2 trillion worth of debt will mature in the next 12 months. So looking only at short-term debt, we know the Treasury will have to finance at least $2 trillion worth of maturing debt in the next 12 months. That might not cause a crisis if we were still funding our national debt internally. But since 1985, we've been a net debtor to the world. Today, foreigners own 44% of all our debts, which means we owe foreign creditors at least $880 billion in the next 12 months - an amount far larger than our reserves.
Keep in mind, this only covers our existing debts. The Office of Management and Budget is predicting a $1.5 trillion budget deficit over the next year. That puts our total funding requirements on the order of $3.5 trillion over the next 12 months.
So... where will the money come from? Total domestic savings in the U.S. are only around $600 billion annually. Even if we all put every penny of our savings into U.S. Treasury debt, we're still going to come up nearly $3 trillion short. That's an annual funding requirement equal to roughly 40% of GDP. Where is the money going to come from? From our foreign creditors? Not according to Greenspan-Guidotti. And not according to the Indian or the Russian central bank, which have stopped buying Treasury bills and begun to buy enormous amounts of gold. The Indians bought 200 metric tonnes this month. Sources in Russia say the central bank there will double its gold reserves.
So where will the money come from? The printing press. The Federal Reserve has already monetized nearly $2 trillion worth of Treasury debt and mortgage debt. This weakens the value of the dollar and devalues our existing Treasury bonds. Sooner or later, our creditors will face a stark choice: Hold our bonds and continue to see the value diminish slowly, or try to escape to gold and see the value of their U.S. bonds plummet.
One thing they're not going to do is buy more of our debt. Which central banks will abandon the dollar next? Brazil, Korea, and Chile. These are the three largest central banks that own the least amount of gold. None own even 1% of their total reserves in gold.
I examined these issues in much greater detail in the most recent issue of my newsletter, Porter Stansberry's Investment Advisory, which we published last Friday. Coincidentally, the New York Times repeated our warnings - nearly word for word - in its paper today. (They didn't mention Greenspan-Guidotti, however... It's a real secret of international speculators.)
Crux Note: The S&A Digest comes free with a subscription to Porter Stansberry's Investment Advisory. Porter says his latest issue is the most important he's ever written. If you don't act right now to protect yourself from the dollar, he thinks the odds are very high you'll be wiped out over the next 12 months. To learn more, click here.
First, read my poke at the New York Times for their suggestion that Donald Trump behaved inappropriately at a fashion show he produced along side his wife and daughter... Following, is a post titled, "I'm 70 and I'm Tired" forwarded to me by a a very bright guy in River Vale, NJ named Nick.
Post to NY Times on 5/14/2016
Article Suggesting Donald Trump Behaved Inappropriately with Women at Fashion Shows…
Oh here we go again... The little attack bots of the liberal mainstream media are plying their trade again... Problem is guys... most of America has figured you out; we know who you are, and we are aware of your thinly veiled agenda...
Now let's put on our thinking caps, shall we? How about we compare Donald Trump to Hilary, regarding fashion shows that his company sponsored. Trump worked alongside the women in his family at these shows, and each and every one of them has stood up to say the media (and particularly the New York Times) set this whole thing up, manufactured the story, and twisted the interviews into a false narrative. All the women interviewed said the media is lying....
Then we contrast in Bill Clinton and his little fashion show in the Oval Office with Monica Lewinsky, cigars, and presidential knee pads... And let us not forget the half dozen other women who accused him of being a pervert. Hilary Clinton assembled a War Machine against these women not just to defend her hillbilly pervert husband, but to defend her political future. She assaulted these women; conducting character assassinations of Jennifer Flowers, Anita Broderick, Cathleen Willy, Paula Jones and half a dozen others in a ruthless fashion, knowing what her husband did to them.
This is just one example of a pattern of lying and deceit that earmark her flawed personality.
Now that's the real story...
From Nick in New Jersey...
From Nick in New Jersey...
I'm 70 and I'm Tired
By Robert A. Hall
I'm 70. Except for having 4 children with only a 6 week maternity period , I've worked, hard, since I was 17. Despite some health challenges, I still put in 50-hour weeks, and seldom called in sick in seven or eight years. I made a good salary, but I didn't inherit my job or my income, and I worked to get where I am. Given the economy, retirement is hard, and I'm tired. Very tired.
I'm tired of being told that I have to "spread the wealth" to people who don't have my work ethic. I'm tired of being told the government will take the money I earned, by force if necessary, and give it to people too lazy to earn it.
I'm tired of being told that Islam is a "Religion of Peace," when every day I can read dozens of stories of Muslim men killing their sisters, wives and daughters for their family "honor"; of Muslims rioting over some slight offense; of Muslims murdering Christian and Jews because they aren't "believers"; of Muslims burning schools for girls; of Muslims stoning teenage rape victims to death for "adultery"; of Muslims mutilating the genitals of little girls; all in the name of Allah, because the Qur'an and Shari'a law tells them to.
I'm tired of being told that out of "tolerance for other cultures" we must let Saudi Arabia use our oil money to fund mosques and madrassah Islamic schools to preach hate in America and Canada , while no American nor Canadian group nor Australia is allowed to fund a church, synagogue or religious school in Saudi Arabia to teach love and tolerance.
I'm tired of being told I must lower my living standard to fight global warming, which no one is allowed to debate.
I'm tired of being told that drug addicts have a disease, and I must help support and treat them, and pay for the damage they do. Did a giant germ rush out of a dark alley, grab them, and stuff white powder up their noses while they tried to fight it off?
I'm tired of hearing wealthy athletes, entertainers and politicians of both parties talking about innocent mistakes, stupid mistakes or youthful mistakes, when we all know they think their only mistake was getting caught. I'm tired of people with a sense of entitlement, rich or poor.
I'm real tired of people who don't take responsibility for their lives and actions. I'm tired of hearing them blame the government, or discrimination or big-whatever for their problems.
Yes, I'm damn tired. But I'm also glad to be 70. Because, mostly, I'm not going to have to see the world these people are making. I'm just sorry for my grandchildren.
Robert A. Hall is a Marine Vietnam veteran who served five terms in the Massachusetts State Senate.
There is no way this will be widely publicized, unless each of us sends it on!
This is your chance to make a difference.