Poor Man Survival
Self Reliance tools for independent minded people…
A Digest of Urban Survival Resources
What It’s Like to Hit a Brick Wall Again and Again
I don’t trust the Deep State, the media, the Democrats or many in Trump’s own party…they all slammed him after his meeting with Putin. One cretin Dem even called him a traitor but they never outed Hillary as a traitor after she facilitated the sale of 20% of US uranium to Russians or when she lied about Benghazi…
dumber sound off…
McCain Blasts Trump Meeting With Putin as “Disgraceful” as Treasonous John
Brennan Calls on Republicans to Impeach Trump
The Openly Left-Wing Periodical Post had this to say…
The Washington Post’s Editorial Board said“Trump Just Colluded with Russia” in an Editorial published hours after the meeting in Helsinki ended. The Post wrote ‘In Helsinki, Mr. Trump again insisted “there was no collusion” with Russia. Yet in refusing to acknowledge the plain facts about Russia’s behavior, while trashing his own country’s justice system, Mr. Trump in fact was openly colluding with the criminal leader of a hostile power.”
[Note: I still maintain the Left –Hillary, Comey, the Media, etc. & many of Trump’s foes inside his own party will paint the most negative picture they can from this meeting as possible while ignoring the good the President has done in N. Korea and our biggest threat: CHINA!]
Since coming to office, Donald Trump has demanded that China address its blatant theft of U.S. intellectual property, its gross trade surplus with the U.S., and its many stealth barriers to American goods.
But he just keeps hitting a brick wall.
After the U.S. levied 25% duties on $34 billion worth of Chinese goods last Friday, Beijing retaliated with similar tolls on the same amount of imports from the U.S.
But now, Trump has upped the game, announcing tariffs on another $200 billion worth of Chinese products.
That’s far more than the TOTAL U.S. exports to China, which were only $127 billion in 2017. It means that China has NO WAY to retaliate against the latest U.S. tariffs without resorting to other weapons.
And sure enough, a statement this week from China’s Commerce Ministry made precisely that point: It said China has no choice but to take other “necessary countermeasures.”
All the Chinese leadership has to do is utter one four-letter word:
And this word alone is a surefire weapon that could bring America’s most critical financial market to its knees: the U.S. government bond market.
The U.S. government now has over $20 trillion in debt, mostly raised by selling Treasury bonds and other government securities.
And outside of the Federal Reserve itself, China is now THE single-largest owner of those bonds: $1.19 trillion worth. In other words …
The U.S. has allowed China to
become its BIGGEST BANK!
become its BIGGEST BANK!
I’ll give the President credit-he’s the only one that has stood up to the ‘sleeping bear’ despite whining from the media about calls for the “sky is falling.” Yes, there will be pain in the short run, but this is medicine sorely needed by this nation!
President Trump has done a phenomenal job and never in my lifetime have I seen a President who has accomplished as much; appointing a Supreme Court Justice, Deregulation, Tax Reform and now a historic summit in North Korea leading to pending Denuclearization, all in his first two years in office. Trump is fulfilling his campaign cornerstone promises of Making America Great Again.
Lest we forget the "wreckage of our past" & the previous administration's 8 years of weak foreign policy, unfair trade agreements, the Iran Nuclear deal, Obamacare and ultra-loose monetary policy! The previous administration quadrupled our money supply, artificially suppressed interest rates to near 0% and as this administration perseveres forward, as Trump stated, "there will have to be some pain ahead in restoring America's Greatness" and instituting his pro nationalist agenda while dismantling the globalist agenda he adopted. That's why this election cycle is critical. If Trump loses congress, we could see Obamacare resurrected, prolonged fights with Trump weakening our economy and the undoing of several international policies that Trump has corrected. Do you really think Pelosi or Sanders would ever put America in a world of globalization? If liberals gain congress in October, you'd better watch your savings.
Trump will have to impose tariffs and initiate trade wars, raise rates as we watch our economy grow and unemployment claims drop to historic lows. Inadvertently these steps also adversely affects this historic bull run we've experienced in stocks. It's a lot like his properties around the globe, he had to implode the previous structures built on substandard foundations in order to build majestic skyscrapers bearing his name.
Unfortunately, there are risks in the global economy, pulling out of the Nuclear Agreement with IRAN, we now have IRAN, Venezuela, Saudi Arabia and China waging a WAR on the US DOLLAR with the introduction of the PETROYUAN and the Shanghai Exchange making the YUAN easily convertible into GOLD
Democrats are no longer Democrats…
C. Bradley Thompson, assistant professor of political science at Ashland University wrote in 1993, Socialism's teaching on self-sacrifice was nicely summarized by two of its greatest defenders, Hermann Goering and Benito Mussolini. The highest principle of Nazism (National Socialism), said Goering, is: "Common good comes before private good." Fascism, said Mussolini, is "a life in which the individual, through the sacrifice of his own private interests... realizes that completely spiritual existence in which his value as a man lies."
Governments, bureaucrats and politicians look upon the public as a herd that should be deceived and led for the benefit of government and the elite. By and large it works because the vast majority of Americans go along with the system — a system which is just a form of legalized theft and government-sanctioned slavery and plunder.
Again from Professor Thompson: Under socialism there are built-in incentives to shirk responsibility. There is no reason to work harder than anyone else because the rewards are shared and therefore minimal to the hard-working individual; rather, the incentive is to work less than others because the immediate loss is shared and therefore minimal to the slacker. Socialism rewards sloth and penalizes hard work.
When politicians utter the word democracy, they are using a code word that signifies their total allegiance to the state. They are using mass hypnosis to manipulate the people against human liberty and private property.
The morality of socialism is easily summed up in a few words: envy and sacrifice based on a phony and coerced sense of altruism.
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The video series is visually stunning and highly entertaining as well. Watch it at this link.
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Bankrate has come up with a ranking of states from best to worst for retirement. They considered cost of living, crime, culture, health care quality, taxes, weather, and more. In this study, South Dakota came in first, and New York got no love in 50th place.
Bruce ‘the Poor Man & Contrarian’
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7. Knowing When and How to Stockpile Groceries
Stocking up could save your grocery budget!
Stocking up could save your grocery budget!
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