If the US Wants to Reduce the Debt and Save Americans Trillions – Have FED Chair Powell Reduce Rates to Obama Levels!

The FED is costing Americans a half a trillion dollars every year with their insanely high interest rates. If we want to save this amount every year, all we have to do is have the FED reduce rates to Obama levels.

Americans are deeply in debt thanks to the Obama era of spend, spend, spend. Over the Obama years the US federal debt load doubled from $10 trillion to nearly $20 trillion of US debt. Obama never cared about the debt burden he was putting on America.

Obama increased the US debt by $3.7 trillion in his first two and a half years in office. The debt rose from $10.6 trillion when he stepped into office and reached $14.3 trillion by June 30, 2011. This was a 35% increase in debt during this time. Never before or since has the US seen the amount of debt increase at such maddening levels.

Since President Trump took over the US debt has increased about $2 trillion or 10% of total debt. This is over a two and a half year period. The debt load when Trump was elected stood at $19.9 trillion. Today the US debt load is $22.0 trillion.

The problem is that under Obama the FED kept interest rates at unheard of lows (at 0%). The FED kept these rates for seven of Obama’s eight years in office. With higher rates Obama would have increased the debt by trillions more.

Under President Trump the FED quickly and radically increased rates by about a quarter of a percent his first two years in office.

The FED members are not elected by the US people but they do impact all US citizens 401k’s and life savings. They impact mortgage rates and the stock market. They have an impact on GDP.

President Trump is now paying 2% more on interest payment than Obama. This amount (2%) on $20 trillion in debt is nearly a half a trillion dollars a year. If the FED wants to help Americans and decrease the debt, all they would have to do is decrease interest rates to Obama levels!

President Trump recently hit worthless FED Chairman Jerome Powell again during his interview with FOX Business Network host Maria Bartiromo.

President Trump told Bartiromo,

“We’re taking money out and raising interest rates. It’s insane. He never should have raised interest rates to the extent that he did. If he would have raised them, just half, and if he would have not done the quantitative tightening, our market would have been up another 10,000 points and I’ll tell you, GDP would have been up another point or two points… Here’s a guy — nobody ever heard of him before. And now, I made him, and he wants to show how tough he is, okay. Let him show how tough he is. He’s a– he’s a– he’s not doing a good job.”

Via FOX Business Network:

It’s time to demand the FED lower rates and save Americans money in US debt while helping out the working class increase their life savings!

“Thank you Mr. President!” The DOW Records its Best June Ever by Point Increase – Best June in 80 Years by Percent Increase!

President Trump is right again! The DOW in June broke a new record!

A week ago the President tweeted that June would be an historic month for the DOW –

President Trump was right (again)!

The DOW recorded its best June in 80 years – going up more than 7% for the month. MarketWatch reported

U.S. stock benchmarks have mostly enjoyed a healthy run-up on the back of the Federal Reserve’s easier monetary-policy stance and hope for a China-U.S. trade pact.

Recent gains have helped the Dow Jones Industrial Average DJIA, +0.28% to ring up its best June gain of 7.2% since 1938 when the blue-chip benchmark surged an eye-popping 24.3% on the month, according to Dow Jones Market Data.

The S&P 500 index SPX, +0.58% notched its best June return, with a gain of about 6.9%, since 1955 when the broad-market benchmark rose 8.2%, while the Nasdaq Composite Index COMP, +0.48% was on track for a 6.9% return in June, which would represent its best June since a 16.6% gain back in 2000. The S&P 500 on June 20 notched its first record close since April 30, while the Dow is off less than 1% short of its Oct. 3 all-time closing peak.

Of course when measuring by points, the DOW has never increased this much in June in its more than 100 year history! (The S&P 500 also had it’s best June ever.)

The DOW closed on May 31st at 24,815 by the end of June the DOW closed at 26,599. This was an increase of 1,784 points and 7.2% in one month!

Winning! Winning! Winning!

Asinine Rulings from Judge Roberts and Far Left Liberal Partisan Judges Make Clear – It’s Time for Term Limits on Supreme Court

Today nutty Supreme Court Chief Justice Roberts joined the other far left nutty and partisan judges on the Supreme Court to basically rule that it’s not important that an individual be an American citizen in order to fill out a US census form. Plain and simple – it’s time for term limits on the Supreme Court.

What utter nonsense. So according the liberal judges and a far left hacks and the Supreme Court’s Chief Justice, we might as well send census forms to Pakistan for completion because it just doesn’t matter who fills these damn forms out!

This isn’t the first time Judge Roberts sided with the insane liberal judges on the Court.

Roberts sided with the nutty unconstitutional far left judges on Obamacare. We reported on conservative judge Anthony Scalia’s response to Roberts’ decision in 2015 –

Justice Anthony Scalia called today’s Supreme Court ruling that upheld Obamacare subsidies as “pure applesauce” and “jiggery-pokery.”

Roberts sided with far left nutty judges on Obamacare a second time, keeping the insane law known as Obamacare in tact.

After ruling along with liberal judges that is was ok for the US government to force Americans to buy something – namely health insurance – Roberts then sided with the far-left in stating that the law didn’t mean what it meant. In May 2015 we reported

The Chief Justice resorted to a nearly unheard of construction order to save the statute… This time around he took the plain meaning of ordinary words, “established by the states,” and somehow held that they were ambiguous.”

In November 2018 Roberts showed more of his partisan skin when he criticized President Trump for stating the obvious – that Obama appointed judges were partisan hacks. We reported the following

On Tuesday, President Trump lashed out at the liberal activist ‘Obama judge’ John Tigar in San Francisco who put the president’s asylum policy on hold.

“Every case that gets filed in the 9th Circuit, we get beaten. And then we end up having to go to the Supreme Court, like the travel ban, and we won,” Trump said.

Chief Justice John Roberts, who was nominated by George W. Bush and voted in favor to uphold Obamacare, lashed out at Trump on Wednesday.

On Wednesday John Roberts said the U.S. doesn’t have “Obama judges or Trump judges, Bush judges or Clinton judges.” He commented in a statement released by the Supreme Court after a query by The Associated Press.

Roberts not only stepped into politics in a totally inappropriate manner, he was also again totally incorrect.

The Washington Times reported [emphasis added] –

Since Mr. Trump took office, federal courts have issued 37 nationwide injunctions against his policies, Mr. Barr said. During President Barack Obama’s first two years, the courts issued two injunctions and only 27 were issued during the 20th century, according to Justice Department data.

Chief Justice Roberts is a disgrace. He is literally insane along with the other far left nutters on the court. It’s time for term limits. Americans can only stand for so much insanity from a single individual.

 

Lou Dobbs Tonight Shares Gateway Pundit New Flash Tying Crowdstrike to the Atlantic Council and Obama’s Corrupt Director of National Intelligence James Clapper

On Wednesday evening on Lou Dobbs Tonight, Lou shared a ‘News Alert’ that was directly from the Gateway Pundit.

Dobbs shared

It seems like every night we learn more and more about the Deep State’s efforts to overthrow President Trump.

It has been uncovered that the Atlantic Council’s Digital Forensic Research Lab has connections to the firm Crowdstrike. That’s the very same firm that found evidence of Russians hacking the DNC, so it is alleged, and an allegation that the FBI without its own inspection of the servers, accepted.

And who sits by the way on the Atlantic Council’s International Advisory Board, well that would be former Director of National Intelligence, James Clapper. What a neat little tight bunch these folks are.

This news flash was related to our post yesterday –

MAJOR FIND: More Ammunition for Roger Stone: The Only Firm to Review DNC Server, Crowdstrike, is Connected to James Clapper, The Atlantic Council and More Shoddy IT Investigative Work

No matter how hard they try, the Deep State can never curtail the truth!

‘Sunday with Charles’ YouTube Broadcast Praises The Gateway Pundit’s Work on Clinton Foundation

Last week we posted articles regarding former individuals at the Clinton Foundation who are missing and have been scrubbed from the Clinton Foundation’s website and other corrupt actions by the Foundation. Charles Ortel at Sunday with Charles noted our work.

Charles Ortel has built a resume around his expertise on the corrupt and criminal Clinton Foundation. Each week he provides additional evidence on this massive corrupt enterprise.

This past week Charles shared this (at the 40:35 minute mark) –

We’re going to have a special slide on this. I spoke to Joe Hoft this morning, and hey Joe thanks a lot for all your great work. There’s a series of stories not about popcorn but about…this is a story that says one of the reasons that the Deep State targeted Flynn is that Flynn apparently had early on after the election or around the election into his early few months there as National Security Advisor. He had punched into the whole Gulan situation.

This discussion revolved around our post last week about General Flynn where we reported –

BREAKING: General Flynn Uncovered Massive Clinton Scandal Linked to Terrorist Funding – Was Immediately Targeted by Obama Deep State

In November 2017, General Flynn wrote an op-ed for the Hill. In the piece Flynn wrote –

The primary bone of contention between the U.S. and Turkey is Fethullah Gülen, a shady Islamic mullah residing in Pennsylvania whom former President Clinton once called his “friend” in a well circulated video.

Flynn then shared a video of President Clinton claiming that the shady mullah is a friend of the US –

Flynn then shared –

Gülen portrays himself as a moderate, but he is in fact a radical Islamist. He has publicly boasted about his “soldiers” waiting for his orders to do whatever he directs them to do. If he were in reality a moderate, he would not be in exile, nor would he excite the animus of Recep Tayyip Erdoğan and his government.

Flynn then compared Gulen to leaders of the Muslim Brotherhood and “Turkey’s Osama Bin Laden”. He discussed how Gulen brought into the US numerous individuals to run his charter schools he set up –

To add insult to injury, American taxpayers are helping finance Gülen’s 160 charter schools in the United States. These schools have been granted more H1-B visas than Google. It is inconceivable that our visa officers have approved thousands of visas for English teachers whose English is incomprehensible. A CBS “60 Minutes” program documented a conversation with one such imported English teacher from Turkey. Several lawsuits, including some in Ohio and Texas, point to irregularities in the operation of these schools.

Flynn then dropped this bomb about the Clinton Foundation’s relationship with this terrorist –

However, funding seems to be no problem for Gülen’s network. Hired attorneys work to keep the lucrative government source of income for Gülen and his network going. Influential charities such as Cosmos Foundation continue their support for Gulen’s charter schools.

Incidentally, Cosmos Foundation is a major donor to Clinton Foundation. No wonder Bill Clinton calls Mullah Gülen “his friend.” It is now no secret that Huma Abedin, Hillary Clinton’s close aide and confidante, worked for 12 years as the associate editor for a journal published by the London-based Institute of Minority Muslim Affairs. This institute has promoted the thoughts of radical Muslim thinkers such as Qutb, al Bana and others.

The Clintons and the Deep State had to stop Flynn. He knew too much!

The Clinton Foundation was a farce. It’s way past time that people start going to jail that are related to this sham. Where is our Department of Justice on this?

Where is Original 302 on General Flynn’s Discussion with FBI in the White House? If Destroyed He Must be Set Free and Corrupt FBI and Mueller Gang Indicted!

As General Flynn continues to be persecuted by the corrupt Mueller gang, the support for his crime is still missing. Where is the 302 that the FBI produced right after their interview with Flynn at the White House? Why have the FBI not yet produced it to the courts?

More than a year ago it was first reported that the corrupt FBI agents who interviewed General Flynn in the White House shortly after the 2017 Trump inauguration didn’t think that he lied, which is surprising considering that corrupt Peter Strzok was one of the agents doing the interviewing. This discussion however, is what the Mueller gang used against the General to frame him into an admission of lying to the FBI.

The 302 in question is the 302 that was written per FBI protocol withing 24 hours after the January 24th, 2016, interview with Flynn in the White House.

A 302 has been released related to the Flynn discussion in the White House but it is dated two weeks later in February of 2016 and is in the third person (i.e. it is not written by Strzok and Pientka, the agents who ambushed Flynn.)

The fact that the original 302 is still missing is very disturbing.

A year ago we reported that reports were circling that not only did corrupt former FBI Head Andrew McCabe alter the 302 regarding the interview with General Flynn that later was used to get Flynn fired and indicted by the corrupt Mueller team, McCabe and his corrupt gang also destroyed the supporting documentation for the 302.

Unfortunately, if destroyed, it would not be the first time that the Mueller gang destroyed draft 302’s. Mueller’s top attorney Andrew Weissmann destroyed 302’s in the Enron related Skilling case in the mid-2000’s.

To this day we have not received the original or draft 302’s related to the Flynn case. We know the Mueller team is corrupt. We know they made up crimes. We know they put undo pressure on Trump team members and harassed them and put some in solitary confinement. We know they were all conflicted. We know they all ignored any crimes related to Obama and the Clintons. We know they are criminals and we know they failed to indict President Trump.

It’s time for a cleansing of the corrupt FBI and DOJ – NOW!

S&P 500 Reaches New All Time High – DOW at 3rd Highest Close Ever!

The Trump markets are at it again! Yesterday the S&P 500 reached a new high while the DOW reached its third highest close ever!

Yesterday the S&P 500 hit a new all time high close. CNBC reported

Stocks rallied on Thursday, led by strong gains in tech and energy shares, as Wall Street cheered the possibility that the Federal Reserve will cut interest rates next month.

The S&P 500 surged 1% to 2,954.18, a record close. The broad index also hit an intraday record of 2,958.06. The Dow Jones Industrial Average closed 249.17 points higher at 26,753.17.

What CNBC and other far left media outlets won’t report that the DOW also was in record territory. According to our records, yesterday the DOW reached it’s third highest close ever.

The DOW closed at 26,753 when the markets closed. The only time the DOW closed higher was last October when the DOW closed at it’s all time high of 26,828 on October 3rd, 2018 and at it’s second highest close ever at 26,774 on October 2nd, 2018.

More people are working than ever before. Unemployment is at 50 year lows. And, now the stock markets are again in record territory. Winning, Winning, Winning!

 

Live from Hong Kong: Protests Continue Despite Extradition Vote Being Delayed

Live report from Hong Kong

Over the past week huge numbers of protestors have gathered in Hong Kong to take a stand against another change in Hong Kong law moving the tiny country further under Mainland China’s grip. The protests turned ugly when police fired tear gas at the outraged demonstrators.

Thousands protested last week after Hong Kong politicians announced changes to the law that would allow the country to extradite suspected criminals to China. The concern is that it would allow Beijing to arrest protesters and deport them to China –

This law that infuriated Hong Kong citizens which led to more violent protests during the week. The Hong Kong Free Press reported:

Hong Kong Police Commissioner Stephen Lo has said “low fatality weapons” were used to clear Wednesday’s anti-extradition law protests because demonstrators charged police lines with weapons.

Lo said the protests were organised, describing them as a “riot.” He added that around 150 tear gas canisters, “several” rounds of rubber bullets, and 20 beanbag shots were fired during the protest clearance. In comparison, 87 rounds of tear gas canisters were used during the 2014 Umbrella Movement protests.

Eleven people were arrested for crimes in relation to disorderly conduct in public, unlawful assembly, assaulting police officers, and riot-related offences. He said 22 police officers were injured.

The protests are in response to changes to be voted upon in Hong Kong law –

It explicitly allows extraditions from Hong Kong to greater China – including the mainland, Taiwan and Macau – for the first time, closing what Hong Kong government officials have repeatedly described as a “loophole” that they claim has allowed the city to become a haven for criminals from the mainland.

Over the weekend, Hong Kong’s Chief Executive announced that the vote on extradition will be delayed but this didn’t stop thousands from protesting and calling for her resignation this afternoon –

Hundreds of thousands of people are protesting in Hong Kong against a controversial extradition bill, despite the bill having been suspended.

The bill, which would allow extradition from Hong Kong to mainland China, has prompted hundreds of thousands to demonstrate in the past week.

Hong Kong’s Chief Executive Carrie Lam said on Saturday that the plans had been “suspended” for the time being.

But protest leaders demanded that the bill was scrapped.

Some have called on Ms Lam to resign over the unrest.

The BBC reported hours ago –

This all comes at a delicate time in Chinese-US relations after the current trade negotiations were stalled. China cannot afford to appear weak in any of its activities and therefore these protests are coming at a bad time for China and certainly are being closely watched by Beijing.

Here’s More Ammunition for Roger Stone – Additional Reasons Why Mueller’s Story that the DNC Was Hacked by Russians is a Fairy Tale!

Roger Stone is requesting proof that Russians hacked the DNC server, as was reported in the Mueller report. Stone claims if the Russians didn’t hack the DNC, his case should be dismissed.

We reported on May 11, 2019, that Roger Stone and his legal team requested the report from Crowdstrike, the firm connected with the Deep State who reportedly did inspect the DNC server after emails were released by WikiLeaks. This report was used by the FBI and the Mueller gang as support that the DNC was hacked by Russia.

Stone’s position is that if the Mueller team and the FBI did not inspect the DNC server, then how can they know that the server was hacked. This logical argument makes sense –

The Mueller team is fighting back against the Stone team and arguing that it is not necessary to see the documents that support that Russia hacked the DNC –

We’ve been saying for months that the entire Russia collusion delusion is a sham. To date there has been no information reported that ascertains that the DNC was hacked by the Russians. No reports to date show that the DNC server was inspected by the Mueller team and the FBI. Since this is the case, there is no way the Mueller team can claim the server was hacked.

Since there is no proof for the emails being hacked, the reports Russians involved in the collusion delusion evaporate. This would and should destroy the entire Russian sham make-believe case. Our reporting has been confirmed by others in the Intelligence community.

Next we reported two weeks ago that NSA Whistle blower Bill Binney looked at the DNC data leaked by WikiLeaks and determined that it was definitively not hacked, it was copied to a disk or flash drive.

Former NSA employee and whistle blower, Bill Binney, reviewed the leaked emails provided online and they show that the data coming from the DNC was not hacked but rather copied to a disk or flash drive!

Binney said:

The problem with the Mueller report and the Rosenstein indictment is it’s all based on lies. I mean the fact they’re still lying about the, saying the DNC was hacked by the Russians and the Russians gave it to WikiLeaks.

Well, we had some of our people and our group, the VIPS, the Veteran Intelligence Professionals, look at the data that WikiLeaks posted on the DNC data. They actually posted the DNC data…

…that entire set of data was read to a thumb drive or a CD Rom then physically transported. Now this is what Kim Dotcom is saying. This is what Julian Assange basically was inferring. Others have been saying the same things.”

It’s clear the DNC was not hacked and it’s more likely an insider like Seth Rich copied the files to a disk drive than that the Russians hacked the DNC.

Now today we have more arguments against Mueller’s assertion that the DNC was hacked by Russians. Another Internet sleuth and techie by the name of Yaacov Apelbaum posted an incredible report earlier this year with information basically proving that the DNC was not hacked by the Russians.

Apelbaum’s first argument is this –

Apelbaum next discusses Guccifer 2.0 –

After providing a couple more examples of why the Russian story doesn’t stick, Apelbaum closes with this –

Finally, we know that WikiLeaks has stated numerous times that Russia did not provide them with the emails they leaked in 2016 and Julian Assange has stated that WikiLeaks had nothing to do with Russia.

But of course the Mueller gang never interviewed WikiLeaks in an effort to determine how they received the Clinton emails. Of course the Mueller team could not risk WikiLeaks saying the emails were not received from Russia which would destroy their Russia hacked the DNC fairy tale.

Let’s hope Roger Stone is able to present all the information available to destroy the ‘Russia Collusion’ sham once and for all. There is nothing the Deep State won’t do and nothing they won’t make up!

In Spite of Tariffs US Import Costs Down in May – US Economic Numbers Overall Are Outstanding!

US costs for imports were reported down in the month of May. This is in spite of liberal cries that the Trump tariffs were going to increase costs to consumers.

The Bureau of Labor Statistics (BLS) reported on Thursday that in May the costs for imported goods were down from the prior month –

Prices for U.S. imports declined 0.3 percent in May, the U.S. Bureau of Labor Statistics reported today, following an increase of 0.1 percent the previous month. Lower fuel and nonfuel prices contributed to the May decline in import prices. U.S. export prices fell 0.2 percent in May, after advancing 0.1 percent in April, 0.8 percent in March, and 0.6 percent in February.

Imports

U.S. Import prices fell 0.3 percent in May, the first monthly decline since a 1.4-percent drop in December. Import prices advanced 1.8 percent from December to April before the downturn in May. The price index for overall imports decreased 1.5 percent over the past 12 months, matching the drop in January. These were the largest over-the-year declines since the index fell 2.2 percent in August 2016.

Fuel Imports: Import fuel prices declined 1.0 percent in May, after rising 25.4 percent over the previous 4 months. Lower prices for both petroleum and natural gas contributed to the May decline. Petroleum prices fell 0.9 percent in May, after a 4.7-percent advance in April. The May decrease was the first monthly decline since a 15.3-percent drop in December. Natural gas prices fell 6.8 percent in May following a 51.1-percent decline the previous month. Overall fuel prices decreased 1.1 percent over the past year. The decline was driven by a 1.9-percent drop in petroleum prices which more than offset a 2.5-percent rise in natural gas prices.

The lower costs on fuel allowed the overall import costs to go down for the month. This is in the face of tariffs the Trump Administration put on China as a result of inaction from the Chinese in coming together on a trade agreement with the US.

Despite what all the liberal naysayers said about increasing tariffs costing Americans millions, the costs of imports are actually down.

Overall the US economy is in very solid shape –

Consumer prices are barely up at 0.1%. Unemployment stands at a 50 year low of 3.6% and 75,000 new jobs were created last month. Hourly earnings are up as well as productivity.

The US economy is on fire and thanks to President Trump, China is finally being brought to the table.