Just the facts ma’am . . .

When Ronald Reagan defeated Jimmy Carter to win his first election in 1980, the U.S. national debt was less than one trillion dollars. When Barack Obama entered the White House it was sitting at 10.6 trillion dollars. By the time the fraudster left the White House the debt had ballooned to 20 trillion dollars. We are living beyond our means, while future generations will be saddled with the debts to live the good life today. It is completely unsustainable, dear readers. Frankly, the currency will crumble under the weight of such debt and money printing. And finally, the Fed has seen enough and is now ready to raise rates, having created a massive bubble in stocks, bonds, and real estate. This will be the mother of all corrections, because nothing was fixed or addressed in 2008. Civil unrest will sweep the country–for our own Venezuelan style correction.

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