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Retail Sales: When The Government “Goal-Seeks” Economic Reports

The headline retail sales report, released today by the Census Bureau, showed a rather unexpectedly large 0.8% jump from October.  The Wall Street brain trust was expecting a 0.3% increase.   Of course, 99% of stock market investors and 100% of the financial media never looks at the details below the headline reports.   To do this, one has make an effort to scroll down to page four of the report.  There you will find this table (excerpt): You’ll note that I highlighted this “(*)” in yellow. From the footnotes to the report, this “(*)” means this: “Advance estimates are not available […]

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A Potential Government Shutdown Is Literally Just Hours Away, But Congressional Leaders Insist That Everything Will Be Just Fine

Either the Republicans are going to give Democrats virtually everything that they want, or the federal government will shut down at the end of the day on Friday.  We have been through this process time after time, and in every single instance the Republicans have always folded like a 20 dollar suit.  Unfortunately, it looks like the Democrats are going to win big this time around too.  The spending agreement is essentially an updated Obama budget that fully funds Planned Parenthood, that contains no money for a border wall, and that doesn’t reflect any of President Trump’s other important priorities […]

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STUNNING U.S. GOVERNMENT DEBT INCREASE IN PAST FEW DAYS

As the stock market continues to rise on the back of some of the worst geopolitical, financial, and domestic news, the U.S. Treasury has been quietly increasing the amount of government debt, with virtually no coverage by the Mainstream or Alternative Media. So, how much has the U.S. debt increased in the past few days? A bunch. The surge in U.S. debt that took place over the past two days all started when the debt ceiling limit was officially allowed to increase on Sept 8th. In just one day, the U.S. Treasury increased the public debt by $ 318 billion: […]

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The U.S. Government Massive ONE-DAY Debt Increase Impact

The U.S. Government’s massive one-day debt increase had a profound impact on the amount of money it will have to fork over just to service its interest payment. On Friday, Sept 9th, the U.S. Treasury increased the total debt by a stunning $ 318 billion. Thus, the total U.S. Government debt increased from $ 19.84 trillion on Thursday to $ 20.16 trillion on Friday. We must remember when the U.S Treasury adds more debt to its balance sheet; the government is now obligated to pay additional funds to service the interest on that debt. So, for each increase in U.S. […]

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Total Government And Personal Debt In The U.S. Has Hit 41 Trillion Dollars ($329,961.34 Per Household)

We are living in the greatest debt bubble in the history of the world.  In 1980, total government and personal debt in the United States was just over the 3 trillion dollar mark, but today it has surpassed 41 trillion dollars.  That means that it has increased by almost 14 times since Ronald Reagan was first elected president.  I am searching for words to describe how completely and utterly insane this is, but I am coming up empty.  We are slowly but surely committing national suicide, and yet most Americans don’t even understand what is happening. According to 720 Global, […]

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The Federal Government Owns 61 Percent Of Idaho, 64 Percent Of Utah And 84 Percent Of Nevada

Did you know that the federal government owns 28 percent of all land in the United States?  Today, the feds control approximately 640 million acres of land, and after decades of very poor management, many are calling on the states to take a larger role.  This is particularly true in the 11 western states where the federal government collectively owns 47 percent of all land.  East of the Mississippi River, the feds only own 4 percent of all land, and there is no reason for such a disparity to exist.  In Connecticut and Iowa, the federal government only owns 0.3 […]

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Government Insolvency Harder to Ignore

Several U.S. states and the federal government are hopelessly insolvent. It’s something many bullion investors have known for years. The real question is when this reality will pierce the mainstream illusion that deficits, and the crushing pile of debt which accompany them, don’t matter. That moment drew closer last week when ratings agencies downgraded Illinois state bonds to one notch above “junk” status. S&P and Moody’s dropped the state’s creditworthiness rating to BB+/Baa3 – the lowest ever for a U.S. state. Illinois currently has $ 14.5 billion in unpaid bills and a government deadlocked over forming a new budget. That […]

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Let’s Stiff the Government Together

I’m downright fanatical about lowering my tax bill. In my youth, I would quite literally skip meals so I could scrounge up the cash to max out my 401(k) plan with pre-tax dollars at work. And even when I didn’t skip meals… well… in retrospect I might have been better off if I had. I lived with an equally cheap roommate my first year out of college, and the two of us once subsisted for a week on a large tub of red beans and rice that he acquired from some guy he met from Louisiana. (It was actually pretty […]

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Democrats: Trump Must Surrender On Funding For A Border Wall To Avoid A Government Shutdown On His 100th Day In Office

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 […]

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The Debt Crisis Of 2017: Once Their Vacation Ends, Congress Will Have 4 Days To Avoid A Government Shutdown On April 29

April 2017 could turn out to be one of the most important months in U.S. history that we have seen in a very long time.  On April 6th, Donald Trump attacked Syria on the 100th anniversary of the day that the U.S. officially entered World War I, and now at the end of this month we could be facing an unprecedented political crisis in Washington.  On Friday, members of Congress left town for their two week “Easter vacation”, and they won’t resume work until April 25th.  What this means is that Congress will have precisely four days when they get […]

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