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Debt, Debt, Debt, and more D$$$$$$$! Why??

July 21, 2017

 

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Has America managed their finances in a prudent manner these past 37 years (since 1980)? Let’s look at the numbers which reveal our discipline in managing our financial affairs. You can verify these numbers at: http://www.usdebtclock.org:

  1. Total Local Debt:             $1.945 trillion        (9.3 fold increase since 1980…or 9300%)
  2. Total State Debt:              $1.219 trillion        (10.5 fold increase)
  3. Total National Debt:       $19.965 trillion     (22 fold increase)
  4. Mortgage Debt:                 $14.528 trillion     (10.4 fold increase)
  5. Credit Card Debt:             $1.03 trillion         (8.3 fold increase)
  6. Student Debt:                    $1.463 trillion       (no info for 1980)
  7. Total U.S. Debt:                $67.617 trillion     (33 fold increase)
  8. Trade Deficit (goods):    $768.3 billion       (26 fold increase since 1980)

Have Americans been living above their means these past 37 years? I think so. We have borrowed and borrowed (and borrowed) to maintain our prosperity and our exceptional lifestyle. Much of this at the expense of the world’s citizens who provided us the goods. America has 4.4% of the world’s population yet we consume some 23.6% of Global production. How can this happen? Why this favoritism?

What happens is that America has the ‘reserve’ currency for the planet and we can buy goods and services (without any penalty/restriction) from ALL nations. America can buy on credit (debt) from all 200+ countries on our planet. We can consume much more than we produce (in exchange) as we are essentially the BANKER for the planet. Our dollar ($) is accepted mostly everywhere and this allows us to consume beyond what other countries are capable of doing (given their situation).

Other countries (say Chile, Cuba, Venezuela, Columbia, Libya, Senegal, Sudan, Vietnam, India, Thailand, Russia, Afghanistan, Syria, most of Africa, etc.) do not have a reserve currency which is accepted by all nations. This means that these (less favored) countries must live mostly by their own production and via a much lower level of borrowing. Every country borrows to a degree but America can BORROW to excess (as we have a currency which every other nation desires). The SYSTEM favors America!

So is America an exceptional nation (economically) or are we mostly exceptional in taking ADVANTAGE of the System? Are we ‘giving’ an equivalent amount to what we ‘take’ from the planet? This is an important issue in economics. It appears that America does ‘take’ more than they ‘give’ (especially in consumer products and the goods sector of the world economy). Why do we run trade deficits every year to the tune of billions (today some $768 billion)? This has been happening every year since 1976. The cumulative trade deficits have exceeded some $12 trillion.

If America was ‘giving’ to the planet in proportion to what we are ‘taking’ from the planet, then our trade deficit should be closer to zero (not $768 billion or some $12 trillion since 1976). Our debt situation should be much less and our manufacturing should be much higher. We should also have a currency which creates ‘discipline’ so that production is in balance with our consumption. Having the ‘reserve’ currency for the planet provides us (you and I) ENORMOUS advantages and creates huge suffering for many others on our planet! This is all due to the SYSTEM (as it is set up)!

When you look at the numbers above, think about the BIG picture (the entire planet of 7.4 billion people). We now live in an interconnected global society where each person should be viewed as an equal (economically). Does our SYSTEM allow for this equality of prosperity? I don’t think so! America has 4.4% of the World’s population (325 million of 7.4 billion) and we consume some 23.6% of gross world production. Is this fair? The SYSTEM is the problem! Think on this! I am: https://kingdomecon.wordpress.com.

Some images for you do consider:

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Since 1944 (the Bretton Woods Agreement) America has had the RESERVE currency for the planet! Why?

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America’s GDP is $18.5 trillion or some 23.6% of the World’s Gross National Product!

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America represents some 4.3% of the World’s population yet consumes some 23.6% of the World’s production!

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America’s share of World GDP is around 23.6% and our population is only 4.4% of the World’s population!

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Are American’s that exceptional or do American’s take ADVANTAGE of the current SYSTEM? What do you think?

 

Good ‘Intentions’ do not mean Good Results! Why?

July 19, 2017

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Our elites (on the surface) appear to have good intentions. Their ‘words’ reveal these good intentions. Listen to the video below to hear words of ‘good’ intentions. But do these words of ‘good’ intentions lead to a better, more free, more peaceful, and more prosperous global society? We have witnessed the ‘good’ intentions of those who formed the Federal Reserve Act of 1913, which led to the Federal Reserve banking system. We have witnessed the ‘good’ intentions of Franklin D. Roosevelt with his New Deal legislation and policies of tax and more entitlements. We have witnessed the ‘good’ intentions of Lyndon Johnson with his Guns and Butter policies of the 1960’s.

We have witnessed the ‘good’ intentions of Richard Nixon with his China policy as well as his OPEC dollar policy. We have witnessed the ‘good’ intentions of George Bush, Jr. with respect to his nation building policy over in Iraq and Afghanistan. And we have witnessed the ‘good’ intentions of Mr. Obama’s Middle East policies which now confront us daily on the front pages of our official news. Good intentions tend to fool those who lack wisdom and understanding of our history. Good intentions tend to fool those who lack discernment of human nature. Yes, ‘good’ intentions fool nearly all uninformed citizens all over planet earth. This has been the history of ‘good’ intentions. Why?

 

The above video needs to be watched with a mindset of discernment and with a mindset which has understood our prior human history. Human nature has not changed these past 6,000 years. Man desires to rule over man and this has been our legacy since Eve ate the apple. Cain then killed Able and the game of human nature has played out since this starting point. Those who acquire positions of power will continue with their schemes and their rhetorical word games so as to deceive and fool the many. Few discern human nature correctly (it seems). This is one of our core problems!

The key to understanding others is ‘first’ to understand oneself. Socrates laid down the correct mantra back in 400 B.C. IMO. He said “The unexamined life is not worth living”. “To gain wisdom one must recognize that one knows nothing with certainty”. “I can not teach people anything, I can only make them think”. “Life is full of questions, Idiots are full of answers”. “Strong minds discuss ideas, average minds discuss events, weak minds discuss people”. “False words are not only evil in themselves, but they infect the soul with evil”. Listen to these words of wisdom from a great historical philosopher!

Plato added to the words of Socrates with this additional wisdom:

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What our world needs now is wisdom. People need to develop some critical thinking skills. Critical thinking means asking questions and recognizing that answers from rulers are generally based on hubris and false/good intentions. Can this Agenda 2030 which is outlined above lead our world to peace, freedom, happiness, and prosperity? Can a centralized politburo of select elites govern the entire human race (all 7.4 billion)? Can a central warehouse of goods, produced with robots and enforced labor camps, bring the world a better and more fulfilled lifestyle? What do you think?

Wisdom is much more than mere knowledge of events and knowledge of laws, rules, policies, and social contracts. Wisdom derives from understanding oneself and the basic laws of human nature. Is everyone only ‘good’ at their core? Is human nature based only on positive thinking and positive rhetoric ? My sense is No. Human nature is based on two faces (one dark and one light). The yin and yang of reality creates our human nature. Overcoming the ‘dark’ is part of growing up and developing sound character. Overcoming the ‘problem’ comes prior to developing a ‘solution’. Give these principles some reflection at your convenience. I will do likewise! I am: https://kingdomecon.wordpress.com.

Some additional words of wisdom from select individuals:

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The Golden rule is generally a wise and prudent policy!

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The book of Proverbs is generally scripture which enlightens the inner being!

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Founding Father, Ben Franklin, back in 1776 – 81. He acquired some wisdom during his lifetime!

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Another great set of words from Mr. Benjamin Franklin!

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The End of our Republic must now be here! The Universal Basic Income concept comes to mind!

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John Adams recognized that enslavement develops when our rulers lose their sense of history!

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A free society flourishes when all elites in authority can be challenged and questioned!

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Knowing oneself is essential if one is to discern the mind of others! We are ALL similar yet unique! Becoming a singularity is the ultimate goal of a true individual! The question comes prior to the answer! The problem comes prior to the solution! Think on these words!

 

 

THINK Globally but ACT Individually!

July 19, 2017

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Our global society is now being polarized (divided) between two opposite extremes. At one end of the string is this 2016 ‘Agenda 2030’ (a United Nations mandate program) and this concept called Centralization of power. At the other end of the string is Kingdom Economics (my personal vision) and this concept called Decentralization of power. My entire blog is about the individual and about solving problems as free individuals (with no ruling STATE system). Agenda 2030 is all about centralizing power and solving problems by force, control, and select mandates from a small group of elites. This polarization of views (philosophy) is growing steadily and I see no alternative but to choose between one or the other.

If you desire individual freedom and the philosophical model of a founding Father like Thomas Jefferson (who disliked any form of tyranny) you will choose Kingdom Economics (self-government). If you are in power and desire one global politburo (say in Basel, Frankfurt, Jerusalem, or similar) to monitor, control, and impose events then you will choose Agenda 2030 (the State solution). Our battle today is between TWO extremes (the ‘individual’ vs. the ‘state’). This will become more evident as current events play out! The end game of civilization is upon us!

Today, we already have global Central Planning ruling over us economically/politically. We have a small group of banks, called Central Banks, which determine who gets what money (say the 1%) and who gets the left overs (say the 99%). This situation is already present as I write this missive. Our global monetary system is now monitored, controlled, and manipulated by a small group of select power brokers (called the Deep State) who meet in secret to administer our global monetary/political system. These power brokers will continue this trend towards centralization of all administration…as they desire this new agenda passed by the U.N. called Agenda 2030.

Have you taken the time to read this global/official Agenda? Read it now: https://sustainabledevelopment.un.org/post2015/transformingourworld


This Agenda (2030) is a plan of action for people, planet and prosperity. It also seeks to strengthen universal peace in larger freedom. We recognize that eradicating poverty in all its forms and dimensions, including extreme poverty, is the greatest global challenge and an indispensable requirement for sustainable development. All countries and all stakeholders (the 193 members of the U.N.), acting in collaborative partnership, will implement this plan. We are resolved to free the human race from the tyranny of poverty and want and to heal and secure our planet (via this agenda/plan). We are determined to take the bold and transformative steps which are urgently needed to shift the world onto a sustainable and resilient path. As we embark on this collective journey, we (the elite) pledge that no one will be left behind. The 17 Sustainable Development Goals and the 169 Targets which we are announcing today (9/2015) demonstrate the scale and ambition of this new universal Agenda. 

Read the above a couple of times and then go to the website at the United Nations for the full details on the 17 goals and the 169 targets. Our elites who wrote this agenda (without any input from the people) will IMPOSE this agenda upon the world as we move forward. This is how our world works. Our rulers who could care less about the views of the individuals (you and I) will IMPOSE this collective/group-think/communist program upon the 7.4 billion individuals on this planet. The United Nations (the 193 members which includes the United States of America) has voted and approved this agenda for our world.

The agenda became OFFICIAL as of January 1, 2016. The current centralized organizations which rule our world will ALL work to coordinate and implement this world shaking program and agenda. Our official media will support and promote this agenda. Our Central Bankers and their proxies will promote and support this agenda. All the leftists and most of the rightist (from every country…including the United States) will promote and support this agenda. The Deep State (which consists of the CFR, IMF, WB, WTO, ICJ, ECC, NATO, BIS, FSB, G20, BG, CGG, and a host of similar organizations) are ALL pushing and promoting this global AGENDA.

The rulers and power brokers on this planet will ALL promote, support, and allow this collectivized STATE to assume control over our planet. This is now in motion and no-one can stop this momentum as of today. The individual and their self-interest will NOT be allowed to challenge this globalized monstrosity which has been officially adopted for our planet. As ONE individual I can oppose this monstrosity and try to educate a few stray thinkers, but I can not challenge or compete with the BIG power brokers who now rule over our markets. I am a ‘voice’ in the wilderness of space with no ability to challenge this coming DRAGON from hell.

My only hope is that these elites who think they rule over me and you are really not in control of the BIG PICTURE. Is there a Creator which is really in control? That is the core question for me. My answer is in the positive! This means that my HOPE lies not in a challenge to the above but in PROVIDENCE. That is my ONLY hope going forward. The system is heading for collectivism, socialism, communism and universalism under a CENTRALIZED politburo system! The die is cast and the game must be played out to determine who wins.

Will the INDIVIDUAL win over the STATE or will the reverse win? The game is in motion and the players are in motion. The ‘individual’ must prevail for Kingdom Economics to have any effect. The ‘state’ must prevail if the elite and their agenda is to prevail. The next decade of struggle will determine the outcome IMO. I may live for this decade or I may not. My sense is that our battle is philosophical, metaphysical, spiritual, inner, and final. The end of civilization as we have known it is here now. Awareness, technology, motivation, knowledge, and understanding are now requirements for survival. Enjoy! I am: https://kingdomecon.wordpress.com.

Some additional info for your consideration:

The High-level Political Forum on Sustainable Development is the central UN platform for the follow-up and review of the 2030 Agenda for Sustainable Development adopted at the United Nations Sustainable Development Summit on 25 September 2015.

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Our future under a STATE/collectivist system! The buck stops with the RULER who acquires power and position!

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Notice the round table at the left and the symbolism at the right!

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Think globally and act locally to support this global governance system! This is the mantra!

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Global governance seems right for the above who support Agenda 2030!

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Our global Pope is fully behind global governance with the elite running our planet via centralization!

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This type of ad will attract many to the fold of globalism. It seems right for those on the BROAD road!

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This leader will do all he can to promote and administer this global Agenda 2030!

http://www.un.org/sustainabledevelopment/development-agenda/ (listen and watch)

President Obama’s Commitment to Global Development 

https://obamawhitehouse.archives.gov/the-press-office/2015/09/27/fact-sheet-us-global-development-policy-and-agenda-2030

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This leader is on-board with the Agenda 2030 program. Communism is his mantra!

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America’s leaders are mostly deceived about the consequences of this Agenda 2030 program! It will not bring us freedom or prosperity!

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This individual understood collectivism, socialism, communism (to a degree)!

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Can this individual challenge the momentum towards a globalist/collectivist world? Unlikely, but we will witness his power as real-time events happen!

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This prior president was fully in support of a globalist/collectivist future for America!

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This intellectual also supports a globalist/collectivist STATE for America!

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Facebook would benefit under Agenda 2030! Who could challenge them as the sole social network?

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Few see the BIG picture and this means they can not discern what is happening!

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The STATE desires to reduce the ‘individual’ to fodder as they promote select POWER elites to rule!

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In reality, I am an ‘island’ (unique, different, a singularity)! So are YOU!

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This is where Agenda 2030 leads us! The END of National Sovereignty and government by a few elites in Basel, Frankfurt, Paris, or Jerusalem! With America behind this Agenda, as of today, even New York or San Francisco could attempt to rule the planet and all people’s! Agenda 2030 leads to rulership by the few and those in special positions of POWER!

 

 

 

 

 

Central Planning allows Markets to avoid the Business Cycle (for a season)!

July 18, 2017

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Let’s face it folks, Capitalism is essentially over and we now must live with Central Planning for all our global electronic markets! All this has evolved from the crisis of 2008. After this crisis our Central Banks initiated this concept called quantitative easing (QE) and they expanded their lending via low-interest rate loans and huge liquidity injections. Companies have borrowed heavily,  many have bought back their own stock, and the general consumer markets have also expanded substantially since 2009. In 2008-09 I was unable to get a low-interest loan for my house property. Since then I have refinanced twice and lowered my payments by hundreds of dollars.

What I was able to do has also been available for nearly everyone. Low interest rates, easy borrowing policies, easy credit with near zero interest rates, and substantial QE injections have allowed our markets to expand and grow. Today, our Central Banks control almost all of our electronic index markets with their various trading strategies. Central Banks can pump-up any market via their trading strategies and via electronic money which they create out-of-nothing. This has allowed continual asset price growth and it now has led to bubble financial markets all over our planet.

My CNBC finance App lists some 39 major market indices which are now electronic indices. These indexes have been pumped up (since 2009) with trading strategies from private traders but also from our primary dealers and our Central Banks. With ample digits (as money) and continual pump priming from major institutions and our Central Banks, all these 39 indices have increased substantially these past 8 years. The American indices have continued this upward trend for nearly 100 months. There have been no major corrections to any of our global electronic markets since 2009 (with China being the exception in 2015).

Can the same factors (low-interest rates, ample lending, increased consumer borrowing, and continual quantitative easing) continue going forward. Will the next 100 months be similar to the past 100 or is it now time to check-mate all this exponential asset growth for a season? My sense is that a check-mate is built into the markets as we move into the second half of 2017 and into 2018. The markets are starting to reveal some serious changes in momentum. I sense this in many of our economic sectors as I write this missive.

The real estate sector is definitely starting to slow, pause, decline in many areas. We see this in many major cities in the USA, in Canada, over in Europe, and also in China. I assume this same situation will be revealed in South America, Africa, Japan, India, and Australia by 2018. This means that our Central Banks will need to exercise exceptional caution as we move forward. Will our Central Planners revert to more QE and loan pump-priming if the markets slow substantially? This is yet unknown! We will need to watch what our Central Planners devise going forward.

We do live in a world where our Central Banks control the markets and what they choose as their strategy will mostly affect what happens going forward. Will the trend toward negative interest rates grow and will more liquidity be injected via quantitative easing strategies? This could happen in spades if our Central Planners choose this option. Computer trading and electronic markets allow our Central Bank trading desks to inject digits in the trillions if this is what they choose. This could prevent a major correction or crash (for a short season).

We now need to get ready for the possibility that the past strategies will NOT be continued going forward. This means that our electronic markets could crash and collapse over the next few months/years. The game of finance and money is dependent on investor confidence, greed, and technological growth. I have witnessed these ingredients for the past 8 years and my sense is that this game (as played to date) is nearly over. What will emerge going forward is the BIG question? We need to watch our Central Planners for evidence and signs!

Watch the news from the European Central Bank, the Bank for International Settlements, the Bank of Japan, the Bank of England, the Peoples Bank of China, the International Monetary Fund, and especially the Federal Reserve Bank of the United States of America. This network of banker Central Planning will determine what happens going forward. Will we witness a crash, a hyper-inflationary pump-priming event, a geopolitical black swan event, a deflationary liquidation trend, or something new which I am unable to comprehend? Watch the few global Central Planners and we should know by the end of 2017 or sooner! I am: https://kingdomecon.wordpress.com.

Who should we watch for signs and signals of change:

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Mario Draghi and his various pump-priming operations need to be watched for signs and signals going forward!

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The International Monetary Fund has a major impact on what happens going forward!

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The Peoples Bank of China must also be watched for their pump-priming operations!

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The Bank of Japan can influence global markets with their various policies and QE injections!

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The Federal Reserve System must be watched for signs and signals going forward!

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Watch this institution as bankers meet monthly for private central planning sessions!

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Economic advisers to President Trump can also have a major impact on policies going forward! All our Central Planners must be watched going forward!

 

 

 

Senator Flake (Arizona) is a ‘flake’ with his debt buy-down act!

July 17, 2017

https://www.flake.senate.gov/public/

Dealing with Debt: KTAR News reports on Sen. Flake’s Debt Buy-Down Act, legislation that empowers individual taxpayers to designate up to 10 percent of their federal income taxes to pay down the nation’s nearly $20 trillion national debt.  Read the full story hereKey Takeaway: “With the national debt hurtling toward an unprecedented $20 trillion, it’s time taxpayers had real power to reign in Washington’s big spenders. At any rate, I hope this commonsense solution makes like the national debt and grows a lot of interest.” – Sen. Jeff Flake via KTAR

July 13, 2017 – A bill introduced by Sen. Jeff Flake (R-Ariz.) on Thursday would allow taxpayers to voluntarily pay more in an effort to reduce the federal deficit. “With the national debt hurtling toward an unprecedented $20 trillion, it’s time taxpayers had real power to reign in Washington’s big spenders,” Flake said when introducing the bill. “At any rate, I hope this commonsense solution makes like the national debt and grows a lot of interest.”

Taxpayers would make the payments on their annual income taxes. The bill, called the Debt-Buy Down Act, would also force Congress to make cuts to match the amount contributed by taxpayers to ensure the money goes to reducing the deficit.

“In 2014, Americans paid over $1.37 trillion in individual income taxes,” Flake said. “If every one of those individuals contributed 10 percent of their tax liability, Congress would be required to cut $137 billion in spending. While $137 billion does not solve the $20 trillion debt problem, it is certainly a good place to start.”

Should Congress fail to approve cuts, the Debt-Buy Down Act would trigger budget reductions across the board. However, some areas — such as Social Security benefits, benefits for those in uniform and net interest payments — would be spared.

Flake said the $20 trillion debt would be enough money to buy tickets for every seat at Chase Field for the next 22 million Arizona Diamondbacks games or purchase 20 billion tickets to see “Hamilton.” Flake introduced the same bill seven years ago, when the deficit was nearly $13 trillion.

Comment: The wisdom of Senator Flake’s debt-buy down act reveals the trouble we are all in today. Who in their right mind would want to send 10% of their income to a cabal of government bureaucrats who have demonstrated zero discipline on spending for the past 75 years. This makes no sense and yet this Senator from Arizona thinks this is wise policy. No wonder we are in such trouble financially. We need new leaders with some understanding and wisdom on economics and money.

When I read the above in my email box, I said to myself – this is what a representative of the people proposes for eliminating $20 Trillion of Debt? Is he serious? What we need in Washington is an empty house and senate with AI robots as our leaders. Maybe these AI robots could figure out what the ‘problem’ was/is. Read and weep as this is typical of our elected leadership in Washington. I am: https://kingdomecon.wordpress.com.

Some information on Senator Flake:

Image result for senator flake and his debt buy-down proposalJeff Flake, Senator from the State of Arizona. Wants you and me to buy-down the Debt with our income!

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A Republican leader with the grand idea of having the voting citizens buy-down the $20 trillion of public debt! What has happened to our leaders wisdom and discipline? I don’t think this issue of Flake’s will get any support by our intelligent voters in Arizona or the USA!

 

 

Global Index Markets Hit Records! Bubbles Everywhere!

July 17, 2017

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Take a look at the Markets Digest in the Wall Street Journal. The green is everywhere. U.S. index markets are ALL up for the year (except PHLX gold/silver and oil). International stock indexes are 98% up for the year. I witness record asset prices all over our planet. Our Central Banks and their trading facilities have done the job of Bubble Pumping extraordinaire. Over in Venezuela where the entire economy is collapsing along with the political system, I still witness their index market going up and up with no awareness of the real economic situation at the ground level. It’s current bubble is 130,390.47 as I write and this is up nearly 100% in just a few months. What does all this imply for our understanding of economics?

To me this implies that our central planners (yes our economy is now under CENTRAL PLANNING) can pump up index markets even while the REAL economy crashes and declines. Index markets are now Metaphysical Markets (mere units of our consciousness). Our currencies and our so-called ‘money’ consists of mere abstract mental numbers which have ZERO tie to physical reality. Virtual reality has arrived! Is this sound monetary policy? It appears that our Central Planners must think so! These select elites (operating behind closed doors) can use their computers, source codes, algorithms, and high frequency trading strategies to PUMP up markets irrespective of fundamental economic reality on the ground level.

I witness this in spades over in Venezuela with their index market called the Caracas General. Central authorities can push their computer keys and buy stocks irrespective of fundamental economic realities on the ground. We live today with a corrupt global financial system which is monitored, controlled, manipulated, and RIGGED by our Central Planners (operating behind closed doors). Why are all these Central Banks trading our private markets? Where do they get the money? Do they merely ‘invent’ new digits from their consciousness to keep this corrupt Ponzi game going? What do you think?

Take a look at your smartphone and check out your finance app. Look at all our index markets around the planet. The CNBC app allows me to witness index markets all around our planet instantaneously. I can watch the ‘ticks’ going up and down as algorithms trade our markets in real-time. The color is mostly GREEN as our Central Banks can now trade our markets to assure that markets go UP and UP with no relation to ground level realities. What do you think is happening at these trading facilities which operate behind closed doors? Do you have a clue? Think on this! I am: https://kingdomecon.wordpress.com.

Some additional images for your consideration:

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Traders live for mere mental abstractions (within their consciousness) called MONEY!

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The BULL dominates over all our markets! This has been the situation since the crisis of 2008 ended!

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This Central Bank (called the BIS) has created most all of our Central Planning! Its location is Basel, Switzerland!

Truth about the 'Federal' Reserve.

One founding Father with financial WISDOM was T.J. Read the above to acquire this financial wisdom!

Debt Ceiling Default a Real Possibility!

July 16, 2017

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The Sunday Arizona Star had an article called “Obama-era plan on standby for possible default”. This article points out that in August of 2011 there was a secret plan between the Fed and the Treasury which was meant to be kept secret for five years. The five years was up recently and the plan is now being partially revealed. Basically the plan is to selectively pay bond holders less than full redemption value when and if the Debt Ceiling is not renewed or not allowed to increase. The article says “holders of U.S. debt and recipients of Social Security, veterans, and other entitlements would be paid first with everyone else getting delays in payments or merely partial payments”.

The Obama administration back in August of 2011 devised this secret program which our Treasury and our Fed agreed to keep secret for five years. The plan is based on how debt is to be prioritized when the game of increasing the Debt Ceiling ends. It now appears that our Treasury Secretary, Steve Mnuchin, can fund the government with various gimmicks until late September or early October, 2017. Various Republican congressmen will push the issue of not increasing this ceiling so that they can gain influence to push new gimmicks upon the American people (so the article claims). What I witness is more financial gimmicks being proposed until the system collapses.

But what all this reveals is that our elites in government recognize that a day of financial judgment is coming. And my sense is that this day of financial judgment could/might be this fall. I, personally, don’t think that any further delay will be allowed. This September or October will likely be the longest that this judgment day will be postponed. The policies of Mr. Trump when it comes to our finances have not improved our situation. Debt is the issue and postponement can not be delayed much longer. The American people now recognize that debt, deficits, and gimmicks must cease. This awareness is now mostly everywhere thanks to the internet.

The message which various websites present is getting publication and our media is starting to inform the people slowly. Websites like: http://www.usdebtclock.org have been presented to the public and our leaders for over 10 years. To comprehend the problem Americans merely need to study the numbers and ask themselves a few pointed questions. Can this debt be repaid? How? Can the debt be reduced to manageable levels? How? Can this process of increasing debt be postponed indefinitely? How? Is it now time to pay the piper and accept the realities that America must restructure its house of finance? Basically, is Judgment Day here?

Watch what emerges in the coming months and ask yourself if the DAY OF FINANCIAL JUDGMENT is here! I am: https://kingdomecon.wordpress.com.

Some images to consider as you contemplate our situation:

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Our small surplus (under Clinton) led many to project that all our debt would be repaid in a few years (what happened)?

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This graph is misleading as Obama increased the nominal $ debt by nearly $10 trillion (much more than the others)!

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As of 2017 our debt is nearly $20 trillion (whereas it was less than $1 trillion when Reagan took office)! Are American’s aware that Judgment Day is near?

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The big increase in our trend was under the Obama administration (2008 – 2016)! Trump has inherited this debt bomb! Can his administration postpone this farce much longer? My sense is NO!

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Our debt bomb has reached levels where everyone realizes that it can not be repaid! Is ignoring this fair to our children? http://www.usdebtclock.org

Image result for america's budget deficit under various presidents

Will Trump and Mnuchin try to continue the charade of debt explosion or will they accept reality and deal with it? We should find out this fall at the latest! September or October, 2017, should reveal what will happen going forward!

 

 

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