President Trump ran on jobs, draining the swamp, stopping
the human illegals INVASION of OUR country, getting rid of the
monstrous disaster known as Obamacare and renegotiating trade
agreements that are favorable to OUR country instead of making
the communists over in China rich.
Unfortunately for Americans and Trump, the mechanisms which caused
the 2008 meltdown was never addressed. The only thing weenies
in the U.S. House did besides wet their pants in sheer panic was
to make the problem a thousand times worse. Why? Because 99% of
them have ZERO understanding of the disabilities of our monetary
system. READ:
Bailouts:
The Wound That Will Keep On Hemorrhaging, September 25, 2008
The Fake
$700 Billion Bailout Rescue Plan, October 2, 2008
Who’s
Telling The Truth About The Economy? 4-7-13
And, two, which I have harped on for over two decades: Without
the magical money machine called the “Fed”, that criminal syndicate
out in Washington, DC would not be able to continue spending BORROWED
TRILLIONS on unconstitutional cabinets, agencies, programs and
endless, undeclared wars. We would also return to a constitutional
monetary system and a real free market that would benefit all
Americans.
Every new job created is a blessing for Americans and their families.
(Trump,
Abbott Announce 20K Jobs after Meet — 800 in Texas) However,
when you have 94 MILLION able bodied Americans out of work, a
criminal enterprise called the U.S. Congress giving preferential
treatment to foreign workers over qualified Americans (Almost
One Million H-1B Foreign Workers Hold University-Level Jobs Here)
and double digit millions of ILLEGAL aliens stealing jobs from
Americans, you still have a massive crisis for we the people.
No jobs = no income which equals the inability to pay for even
basic human needs: 40%
of households in Philadelphia can’t pay their water bill.
No income means you can’t pay for things like health insurance
so up goes more billions into Medicaid and more and more
debt slapped on your paycheck. It’s a vicious cycle treated with
Band Aids by the same recycled incumbents Americans keep reelecting
to Congress.
And now we have new technology loved by mega corporations who
don’t give a damn about the American worker contrary to the BS
pumped out by Madison Ave advertising execs: Wendy’s
Installing Self-Order Kiosks in 1,000 Stores to Cut Labor Costs.
I don’t eat ‘junk’ food, but if I had a choice between Wendy’s
using some self order kiosk or some other joint that employs humans,
guess where I would spend my money? You got it. Send a very clear
message to retailers like Wendy’s: You will NOT get my business
if you lay off Americans in favor of machines.
There’s a reason for labor costs that relates directly to the
unconstitutional “Federal” Reserve and the purchasing power of
the dollar. Sadly, most Americans have zero interest in what’s
killing them off and now more gasoline has been thrown on the
fire: the disastrous $15.00 minimum wage hike voted for in states
like California.
My mother lives in a tiny apartment in an assisted living facility.
Californians stupidly passed a mandatory $15.00 an hour minimum
wage law and come February 1st, mother’s rent went up a whopping
$80 per month. Mother will be 90 in September; she has advanced
dementia. I take care of her finances and I can tell you, I am
barely able to make ends meet for her and now with this hike in
her rent, it gets worse. The facility where she lives is also
not re-hiring a few people who left for other jobs because of
that new mandatory minimum wage law.
Cuomo’s
minimum-wage hikes are already killing jobs, January 15, 2017
State
Minimum Wage Hikes Already Passed Into Law Expected To Cost 2.6
Million Jobs, New Study Finds, February 2, 2017
How
the $15 wage is already killing Seattle jobs, March 12, 2016
Minimum wage employment was NEVER
meant to be a living wage situation and now people are losing
their jobs as employers cut back or as in mother’s case,
raise costs. READ:
Raise
Minimum Wage to $100.00 An Hour, November 17, 2013
Long time readers of my columns have read this before, but for
new readers, a dear friend of mine warned me back in 2005 the
banking cartels, the housing and auto industry and the economy
was going to blow a gasket. That friend was Harvey Gordin. A Messianic
Jew who loved this country and had a heart as big as all outdoors.
Sadly, my dear friend of 16 years passed away in November 2013.
I learned much from Harvey at the same time I was devouring everything
I could written by another dear friend, Dr. Edwin Vieira, who
was also warning Americans about the looming banking crisis that
blind sided millions.
In 2005, my late husband and I lived in Sacramento, California.
Harvey asked me if John and I intended to stay there. I said no
and long story short, we were able to sell our house and closed
escrow in September 2006. I was already here in our new home in
W. Texas. John was finishing his cancer treatments and getting
our house sold in Sacramento before heading here to Texas. Three
years later the couple who purchased our home in Sacramento handed
the keys back to the bank as their mortgage wasn’t just underwater,
it was at the bottom of the ocean.
President Trump inherited the looming disaster now underway from
the SAME incumbents the American people keep reelecting every
two years to the House and Senate who refuse to kill the beast.
They keep voting back in the same “conservatives” who panicked
in July 2008, didn’t know their arse from their elbow and now
here we are again: Another financial tsunami is building so please,
take to heart what’s in this column.
According to the liars for hire in the dying ‘mainstream’ media,
the economy is growing along with jobs. The Dow is doing great
at 20,000+ even though the majority of Americans have no idea
what it really means thanks to the failure of public schools.
The Dow’s Phony New High, by yours truly, October 6, 2006
The links below are ones I feel most accurately reflect the truth
so YOU can be prepared because no matter how hard President Trump
is working to turn things around, first America is going to suffer.
Again.
Sound familiar? It should:
The
Next Subprime Crisis Is Here: 12 Signs That A Day Of Reckoning
Has Arrived For The U.S. Auto Industry , April 3rd, 2017
“In 2008, subprime mortgages almost single-handedly took down
the entire financial system, and now a new subprime crisis is
here. In recent years, the auto industry has been able to
boost sales by aggressively pushing people into auto loans that
they cannot afford. In particular, auto loans made to consumers
with subprime credit have been accounting for an increasingly
larger percentage of the market. Unfortunately, when you
make loans to people that should not be getting them, eventually
a lot of those loans are going to start to go bad, and that is
precisely what is happening now. Meanwhile, automakers and
dealers are starting to panic as sales have begun to fall and
used car prices have started to crash. If you work in the
auto industry, you might remember how horrible the last recession
was, and this new downturn could eventually turn out to be even
worse. The following are 12 signs that a day of reckoning
has arrived for the U.S. auto industry:”
Sound familiar? Think back to 2007 and then what happened by
August 2008. Americans
now Hold Over $4.1 Trillion in Consumer Debt: Last Debt Bubble
Peak was at $2.5 Trillion
Just the tip of the iceberg:
Why
Are Wal-Mart And Boeing Laying Off Workers If The U.S. Economy
Is In Good Shape?
These
19 retailers are on the brink of bankruptcy…13,216 stores to close?
Multiple
Bubbles Are Going to Bring America to Its Knees: “The Warning
Signs Are There”
Zales,
Jared’s, and Kay to close 170 stores amid slow sales and fake
diamond scandal
J.C.
Penney to Shut 130-140 Stores; Sales Drop
Two
iconic retailers forced to file for bankruptcy, hundreds of stores
to close
Staples
to close 70 stores after reporting a $548 million dollar loss
Vine,
The Limited, Motorola, Sears and American Apparel Lead the way
as companies go bust
“Something
Snapped”: US Department Store Sales Crash Most On Record
All
of these major retailers are closing stores in 2017
Some of this can be based on the big shark, Amazon, but the bottom
line is Americans are once again drowning in debt, they have little
disposable income thanks to massive monthly debts like Obamacare
premiums OR they really don’t understand what’s going on in the
world markets that directly affects them. And, of course, the
problem with the debauched currency we’re forced to use. That
would be “Federal” Reserve NOTES.
Money
Riots Coming in Next Financial Collapse-James Rickards
Insider
Warns: Sophisticated Investors Are Preparing For Global Implosion:
“Financial, Social, Geopolitical Turmoil Will Flare Up Like A
Tinderbox”
I
could write another ten pages with source references but hopefully
you can see that while we all hope things are going to get better,
one must face reality. Yes, keep buying
Made in USA at every opportunity. Remember the One
Million Jobs Project. Buying just 5% of your purchases made
in America will create ONE MILLION new jobs. Read the label before
you buy!
It also lowers the trade deficit and it keeps Americans employed.
If you have to deal with a corporation’s call center, ask if the
person is physically located here in the U.S. Most of the time
the response is I’m in New Delhi or Mexico. I then politely ask
for a U.S. operator. Keep doing this as it is bringing those call
center jobs back home for OUR citizens.
We know the precious metals market has been criminally manipulated
for a long time, but before the implosion finally slaps America
in the face (again) now’s a good time to take a good hard look
at doing what governments, millionaires and billionaires do when
they smell trouble.
Record
$10 Trillion Paper Gold Trading Market Continues To Depress Price
Insider
Warns: Sophisticated Investors Are Preparing For Global Implosion:
“Financial, Social, Geopolitical Turmoil Will Flare Up Like A
Tinderbox”
Whistleblower
Andrew Maguire Just Exposed How The Bank Of England Conspired
To Rig The Gold & Silver Markets
Great
Recession Headed for Greater Depression-Michael Pento
Unless and until the U.S. Congress does what former Congressman
Ron Paul tried to do in 2007 abolish the unconstitutional “Federal”
Reserve Banking Act of 1913, the booms, busts, inflation, hyper-inflation,
stagnation and funding endless, undeclared wars will continue.
READ: 12
Reasons Why The Federal Reserve May Have Just Made The Biggest
Economic Mistake Since The Last Financial Crisis
“Has the Federal Reserve gone completely insane? On Wednesday,
the Fed raised interest rates for the second time in three months,
and it signaled that more rate hikes are coming in the months
ahead. When the Federal Reserve lowers interest rates, it
becomes less expensive to borrow money and that tends to stimulate
more economic activity. But when the Federal Reserve raises
rates , that makes it more expensive to borrow money and that
tends to slow down economic activity. So why in the world
is the Fed raising rates when the U.S. economy is already showing
signs of slowing down dramatically? The following are 12
reasons why the Federal Reserve may have just made the biggest
economic mistake since the last financial crisis.”
Read the whole article. NOTHING in DC happens by accident. The
global financial gangsters are out for Trump’s blood and one way
to ensure he goes down in flames during his first term is a major
depression. Enter the “Fed”.
READ: $10,000
Gold, $500 Silver And A World In Great Danger
Remember
after the 2008 meltdown and for several years afterwards how gold
and silver went through the roof? Many ‘old timers’ who’ve been
in the precious metals game for decades believe it’s going to
happen again which is why this is a good time to research and
talk with an expert. (James
Turk A Massive Short Squeeze Is About To Send Gold Skyrocketing)
(Greyerz
London’s Terrifying $64 Trillion Rabbit Hole In A World Headed
For Total Collapse)
For sixteen years I recommended people give my friend Harvey Gordin
a call and find out how to diversify some of their assets into
precious metals because gold doesn’t lie but politicians and the
media do every time they open their mouths. I can’t tell you
how many people have emailed me over the years thanking me for
connecting them with Harvey because he helped them so much.
I miss my dear friend and while I am not a precious metals dealer,
I am ever so grateful for Harvey and Dr. Edwin Vieira educating
me on this critical issue. I know a whole lot about it thanks
to them and so does another friend who is a precious metals dealer,
Rob Westfall. Harvey did business with him for decades and I personally
know Robbie. He is honest as the day is long. I trust him and
he can help you protect all you’ve worked for during your life
time that IS in jeopardy. Give
Robbie a call (813-977-7200)
and tell him I sent you along to get some help protecting your
assets.
Just like getting your will done (and Power of Attorney and Medical
Power of Attorney), don’t wait until it’s too late. Like 2008,
the clock is ticking. Actually, that clock started ticking in
late 2005 but folks didn’t see the warning signs and then when
the poop hit the fan it was too late. Millions of Americans got
clobbered. Don’t be one of them this time around.
© 2017 Devvy Kidd All Rights Reserved
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