A Small Continuing Resolution Victory Could Have Big Consequences

Guest Post by Ron Paul

Federal spending is so out of control that it only took three months for the federal debt to increase by one trillion dollars to over 33 trillion dollars. In contrast, it took almost 200 years for the federal debt to reach one trillion dollars. So the federal government racked up more debt in the last three months than it did from the ratification of the US Constitution until Ronald Reagan’s first term! There will be even more shocking increases in the future since, according to some experts, federal debt is increasing by approximately 14 billion dollars a day.

Those tempted to blame the increase on President Biden, the Democratic Congress, or the covid-related spending spree, should consider the debt increased by around a trillion dollars a year in 2017 and 2018 — years when Republicans controlled the White House and both houses of Congress.

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Here’s How Much the Imminent Government Shutdown Will Cost You

From Peter Reagan at Birch Gold Group

Here’s something you don’t want to hear from your political leaders, especially in the federal government:

“Our financial ship is sinking.”

Yet that’s exactly how Tennessee Representative Tim Burchett recently described the situation.

He made this statement because the U.S. government can’t reach a resolution that would keep its own operations funded.

They need to do that by month-end:

Current spending laws are due to expire on Sept. 30. That means if Congress does not reach an agreement before 12:01 a.m. on Oct. 1, the government will shut down. House Republicans on Thursday sent the chamber into recess, delaying further developments in the negotiations.

We’re just a few days away from the deadline now.

Unfortunately, this is increasingly becoming business-as-usual in Washington… Shutdowns have happened at least 11 times since 1980, with the longest one lasting 34 days back in 2018.

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PATRIOT ALERT: The Oct. 1st U.S. Government Shutdown followed by a FEMA Emergency Alert Test on Oct. 4 is no coincidence!

Via State of the Nation

Editor’s Note: It ought to be quite obvious by now to every Patriot that the Biden administration is in very serious trouble—ALL OF THEM!  The irrefutable disclosures and radioactive revelations about the RICO-level criminal activity perpetrated by the Biden Crime Family, together with a nakedly corrupt Executive Branch guilty of outright treason, has put Biden’s handlers in nonstop crisis mode. (See: Biden’s clusterf*ck performance with Brazilian president Lula takes the cake!!! (3 videos)

This sordid state of affairs is now rapidly deteriorating in a downward spiral that foreshadows a death knell (political and/or physical) for POTUS Imposter Joe Biden.  However, the New World Order globalist cabal will not allow the Democrat brand to crash and burn before the 2024 elections.  Doing so would also see their Great Reset implementation plan go up in smoke.

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Government Shutdown Is the Best-Ever Argument for Privatization

Guest Post by Mark Nestmann

I was starting to feel sorry for the 800,000 federal employees who hadn’t received paychecks for more than a month. Then Donald Trump caved to the Democrats and ended the government shutdown.

There’s now a bipartisan effort in Congress to enact a law that would make government shutdowns less likely. But I have a much better and more permanent solution: privatize most of the functions that Uncle Sam’s intrepid bureaucrats perform.

Take the Transportation Security Administration (TSA), for instance. A big reason Trump ended the shutdown was that so many TSA employees had called in sick that flight delays were becoming intolerable. That wouldn’t have happened if the government hadn’t been in the airline security business.

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Will Government Shutdown Return As The Trade War Expands?

From Brandon Smith

government shutdown and trade wars

The mainstream economic community has a notoriously short attention span and a lack of long-term perspective. After the longest government shutdown in American history subsided, the mainstream proclaimed the fight well and over – in other words, nothing to see here, Trump “folded” and all is well. Of course, what they consistently seem to ignore is the fact that the shutdown was only placed on a three week hiatus. This is hardly any assurance of a return to “normalcy”.

As I write this, the Trump Administration has yet to make its State Of The Union Address, and it is possible we will know more afterwards on the shutdown issue. Trump’s propensity for saying one thing and doing another makes it difficult to discern the future on policy actions. We don’t have long to wait, however, as this March is set to be possibly one of the most tumultuous times for the modern U.S. economy.

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The Most Interesting Man in the World: Two Faces on the Same Coin

By Doug “Uncola” Lynn via TheBurningPlatform.com

 

Presidential elections are planned distractions

To divert attention from the action behind the scenes

Like a game of chess when the house is a mess

Or a petty money squabble when your marriage is in trouble

Or a football game when there’s rioting in the streets

It’s just another movie, another song and dance

Another poor sucker who never had a chance

– Timbuk3. “Just Another Movie”, Greetings From Timbuk3 (1986), Mamdadaddi Music/I.R.S. Music, Inc. admin. by Atlantic Music

 

Before the big game there’s a coin toss and by the luck of the draw, decisions are made even before the teams take the field. It is the same for politics with, perhaps, the exception of luck having anything to do with the outcomes.  Regardless, the games play on our screens and we passively watch; anxiously waiting to see what happens.

It’s an all-or-nothing blitz to score big and winners take all.  In the interim, there are the commercial breaks revealing ads refined by the fires of focus groups and in boardrooms.

Edward Bernays, the influential pioneer of public relations and the nephew of iconic psychologist Sigmund Freud, wrote in his 1928 book “Propaganda” (page 37) regarding an “unseen mechanism of society” that constituted “an invisible government” that was, assuredly,  “the true ruling power of our country”. Bernays added:  “We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of.”

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Government Shutdown Reveals Nasty Truth About Americans’ Savings

From Birch Gold Group

government shutdown reveals americans have no savings

The temporarily-ended government shutdown didn’t have had a large effect on the U.S. economy, but it may have revealed something disturbing about the savings of 80% of Americans.

They aren’t prepared if the economy get worse.

MarketWatch published some recent findings in an op-ed (emphasis ours):

Why do a few weeks without pay turn into a crisis for many families? Simple: Nearly 80% of Americans live paycheck to paycheck. That’s a problem when you have little to no savings. In fact, it’s akin to playing financial Russian roulette.

And the problem is terrifyingly pervasive. According to a recent GoBankingRates survey, only 21% of Americans have more than $10,000 in savings, with nearly 60% having less than $1,000 in savings.

The findings come from a recent GoBankingRates survey, which contained the following chart reflecting MarketWatch’s findings:

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Trump Delays State Of The Union

Via ZeroHedge

After more than a week of back-and-forth with the Democratic leadership, President Trump has called off his search for an alternative venue for the State of the Union according to a pair of tweets sent late Wednesday night.

Trump

Instead, he will reschedule the speech after the shutdown has ended due to the difficulty in finding a venue “that can compete with the history, tradition and importance of the House Chamber!”

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Government shutdown exposes a harsh truth: Most Americans are unprepared for the next recession

Guest Post by Sven Henrich

The government shutdown, the longest in history, comes with a hidden revelation: Millions of Americans are financially unprepared for the next economic downturn. Worse, they are highly vulnerable, with few protections available to them.

Ten years after the financial crisis, the economic recovery has left millions behind with little to no savings, and the government shutdown serves as a preview for what will happen once unemployment rises from 50-year lows.

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Day Whatever Of The “Who Cares?” Shutdown

Via Raconteur Report

President Trump is a few days away from being able to lay off hundreds of thousands of “non-essential” government workers permanently, at a penstroke.

Which is a fine start.

And at that point, there’s no longer any shutdown. Just the Trump administration saving millions of tax dollars daily, going forward.

If the Dems cave, Trump wins. If they don’t cave, Trump wins.

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Doug Casey on the Government Shutdown, Part 2

Via Casey Research

Justin’s note: Today, Doug Casey and I continue our conversation on the government shutdown… and what it really means for America. If you missed the first part of our discussion, make sure to catch up here.


Justin: What about the National Park System? National parks have closed due to the government shutdown.

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Report: Economic Toll Of Government Shutdown Almost As Bad As Economic Toll Of Having A Bloated Federal Government In The First Place

Via The Babylon Bee

U.S.—The economic toll of the government shutdown is growing by the day, and experts now believe the cost of having the government partially closed down is nearly as bad as the economic toll of a functioning government interfering in our economy, businesses, and private decisions in the first place.

“It’s really bad—almost as bad as when the government is running on all cylinders,” said one financial expert, Gary Rothberd. “The cost of having the government shut down is now very close to being as terrible as when they’re messing with everything.”

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Shutdown ‘Crisis’

Guest Post by John Stossel

Shutdown 'Crisis'

This government shutdown is now longer than any in history. The media keep using the word “crisis.”

“Shutdown sows chaos, confusion and anxiety!” says The Washington Post. “Pain spreads widely.”

The New York Times headlined, it’s all “just too much!”

But wait. Looking around America, I see people going about their business — families eating in restaurants, employees going to work, children playing in playgrounds, etc. I have to ask: Where’s the crisis?

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‘Senior Trump Official’: “I Hope A Long Shutdown Smokes Out The Resistance”

Via ZeroHedge

President Trump just retweeted the following ‘anonymous’ op-ed from The Daily Caller saying it is “worth the read.”

 

The Daily Caller is taking the rare step of publishing this anonymous op-ed at the request of the author, a senior official in the Trump administration whose identity is known to us and whose career would be jeopardized by its disclosure. We believe publishing this essay anonymously is the only way to deliver an important perspective to our readers. We invite you to submit a question about the essay or our vetting process here.

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Missing Uncle Much?

Guest Post by Eric Peters

Do you miss the government much?

It’s going on a month now since the “shutdown” of “nonessential” government services began and – from what I can tell – this has only confirmed just how non-essential these “services” are.

I put “services” in quotes to emphasis a point, which is that a service – legitimately defined – is defined by one’s willingness to pay for it.

Otherwise, it is a mulcting, extortion – theft.

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