We have just witnessed one of the greatest routs in modern American political history. We are still waiting to see if a spending agreement can be reached so that a government shutdown at midnight on Friday can be averted, but whether a shutdown actually happens or not, the Democrats have won this round by a landslide. Even though the Republicans control the White House, the Senate and the House of Representatives, during these budget negotiations the Republicans have backed down on major issue after major issue. The Democrats are acting like they own Washington D.C., and the Republicans are letting them get away with it. For years Republican politicians have had a reputation for being gutless and spineless, but in 2017 they are taking their lack of courage to a whole new level.
Have you ever wondered how tech companies that have been losing hundreds of millions of dollars year after year can somehow be worth billions of dollars according to the stock market? Because I run a website called “The Economic Collapse“, there are naysayers out there that take glee in mocking me by pointing out how well the stock market has been doing. This week, the Dow is flirting with 21,000 and the Nasdaq crossed the 6,000 threshold for the first time ever. But a lot of the “soaring stocks” that have been fueling this rally have been losing giant mountains of money every single year, and just like the first tech bubble this madness will eventually come to an end in a spectacular fiery crash in which investors will lose trillions of dollars.
Well, that didn’t take long. Yesterday I reported that the Democrats were threatening to force a government shutdown if money for a border wall was included in the bill to fund the government, and one day later Donald Trump has unconditionally surrendered. Despite all of Trump’s promises, a border wall isn’t going to happen at this time, but of course he is pledging to “try again” in September. But will anything change for the Democrats between now and September? Of course not. The Democrats will continue to use these same tactics whenever funding for a border wall comes up, and because Republicans always end up backing down on the most controversial issues that means that there never will be a border wall.
Do you know why the Democrats always get virtually everything that they want?
It is because they have a backbone.
Is Donald Trump going to unconditionally surrender to the Democrats and completely give up his dream of building a border wall in order to avoid a government shutdown on his 100th day in office? As I have warned before, the Democrats are perfectly willing to force a government shutdown if the Trump administration and the Republicans in Congress do not let them win all of the key battles in this funding bill fight. It is being reported that the Trump administration wants 3 billion dollars for extra border security and for construction of a border wall, and the Democrats are insisting that they will keep any bill that includes money for a border wall from ever getting through Congress. And of course the Democrats are also taking a very hard line on funding for Planned Parenthood, federal support for key Obamacare provisions, and resistance to increased defense spending. If the Trump administration and enough establishment Republicans in Congress cave in to the outrageous demands of the Democrats, a government shutdown will be avoided. If not, a government shutdown will begin on April 29th (Trump’s 100th day in office), and it could easily turn out to be the longest government shutdown in the history of the United States.
There is much debate about where the U.S. economy is ultimately heading, but what everybody should be able to agree on is that economic conditions are significantly worse this year than they were last year. It is being projected that U.S. economic growth for the first quarter will be close to zero, thousands of retail stores are closing, factory output is falling, and restaurants and automakers have both fallen on very hard times. As economic activity has slowed down, commercial and consumer bankruptcies are both rising at rates that we have not seen since the last financial crisis. Everywhere you look there are echoes of 2008, and yet most people still seem to be in denial about what is happening. The following are 11 facts that prove that the U.S. economy in 2017 is in far worse shape than it was in 2016…
Did you know that the percentage of 18 to 34-year-old Americans that are married and living with a spouse has dropped by more than half since 1975? Back then, 57 percent of everyone in that age group “lived with a spouse”, but today that number has dropped to just 27 percent. These numbers come from “the Changing Economics and Demographics of Young Adulthood” report that was just released by the U.S. Census Bureau. Some are postulating that the reason for this dramatic cultural shift is a phenomenon known as “extended adolescence”, while others fear that large numbers of young men and/or young women are giving up on the concept of marriage altogether.
Instead of getting married and starting their own households, many young adults are deciding that living with Mom and Dad is the best approach. In fact, this new Census Bureau report found that one out of every three 18 to 34-year-old Americans is currently living with their parents…
How will you handle all of the people that will show up at your door when a major crisis strikes because they haven’t been making any preparations of their own? Earlier today somebody asked me about this on Facebook, and I thought that it was a very good question, because thousands of my readers will be faced with this precise dilemma at some point. When America’s day of disaster arrives, it is inevitable that most of us that are prepping will have family, friends and neighbors showing up at our door asking for help. When that happens, what will you do?
There are some people out there that are very honest about the fact that they do not plan to share what they have stored up with anyone, and that even close family members will be greeted with a shotgun if they show up unannounced.