After years of surging premiums and deductibles, will 2018 finally be the year that America's middle class throws in the towel and brings the whole scheme crashing down?
Authored by Raul Ilargi Meijer via The Automatic Earth blog,
Here’s the story in a nutshell: Ultra low interest rates mark a shift away from people’s wealth residing in their savings and pension plans, and into to so-called wealth residing in their homes, which are bought with ever growing levels of debt. When interest rates rise, they will lose that so-called wealth.
How quickly Americans forget…
According to a recent survey by the American Psychological Association, a majority of Americans believe that we are currently living through the lowest point in US history that they can remember…eclipsing such watershed moments as the Watergate Scandal, the Bush administration’s dishonest justification for a war with Iraq, and - oh yeah - World War II and Vietnam, according to Bloomberg.
Authored by David Stockman via David Stockman's Contra Corner blog,
This is how the Deep State crushes disobedience by the unwashed American public. It indicts not only ham sandwiches but, apparently, political infants in diapers too, if that's what it takes. Hence the sudden notoriety of Baby George Papadopoulos, who pled guilty to "lying" about an essentially immaterial date to the FBI.
Oh, and by all signs and signals that plea came after this 30 year-old novice had been wearing a wire for several months.
Authored by John Whitehead via The Rutherford Institute,
Has Donald Trump been a blessing or a curse to the architects of the American police state?
One thing is for sure: a year into his presidency, Trump hasn’t done much to improve the lot of the American people.
The predators of the police state are still wreaking havoc on our freedoms, our communities, and our lives.