Showing posts with label mainstream media. Show all posts
Showing posts with label mainstream media. Show all posts

Friday, August 23, 2019

A powerful declaration...as we fight the battles we are in. Rachel Davis, Align


August 22, 2019  

Declarations as shared by my colleague, Rachel Davis


We bind political spirits and decree that they lose their ability to infiltrate the minds of God’s people and that discernment overtake their minds and God’s truth breaks through.

We speak death to religious mindsets and call to attention the darkness that is masking as light (in terms of justice, gun control, immigration) for they are pushing forth Satan’s agenda for America and not God’s.

We speak death to the mainstream media’s deceptive agenda and say their false narratives and plans are exposed for the socialist and communist plots that it is.

We decree protection over our President and release warring angels to accomplish this protection.  We decree that he will be re-elected and that God’s plans that he puts in place will grow and expand.  We say that America will have a great awakening to this move and repent.

We speak death to the LGBTQ agenda and decree that there are two genders and America’s children are protected from the evil plan to recreate the genders that God created.

We decree exposure of the Clinton’s and Obamas and say that there will be charges and convictions of treason.  We call forth into position the strong men and women who are not afraid to fight this fight,  We decree justice reigns in this nation.

We decree that our nation’s constitution will stay intact and that nothing can destroy it. We decree that the electoral college stays firm.

We clean out Congress of the Muslim and socialist agenda and decree that patriotism returns to our nation and government.

We declare protection over Trump supporters, conservatives and Christianity.  

We decree that God’s truth will invade this nation!

AWAKEN! ARISE! ALIGN! ADANCE!




Friday, August 16, 2019

Is There A Hidden Political Agenda? The Mainstream Media Is Suddenly Full Of Stories About The Coming Recession - Michael Snyder

Is There A Hidden Political Agenda? The Mainstream Media Is Suddenly Full Of Stories About The Coming Recession

All of a sudden, it seems like the mainstream media just can’t stop talking about “the coming recession”.  If you go to Google News and type in the word “recession”, you will literally get dozens of articles from the last couple of days with “recession” in the headline.  And of course it is true that there are signs of global economic trouble all around us, and I have been documenting them on my website all throughout 2019.  
So we don’t want to criticize the mainstream media when they actually decide to tell the truth, because a recession is definitely coming, but could it be possible that there is also a hidden political agenda at work?  The economy is generally regarded to be one of the bright spots for President Trump, and political operatives on the left clearly understand that a major economic downturn now would spell almost certain doom for Trump’s chances of winning the 2020 election.  
And when mainstream reporters talk about the possibility of a recession as we approach the next election, many of them almost seem gleeful as they describe how it could hurt Trump politically.  Ultimately, when things start to really get bad it is inevitable that the mainstream media will place the blame directly at the feet of Trump.  It is easy to imagine a narrative along the lines of “Trump’s handling of the economy has plunged the nation into a recession” being relentlessly pounded into the heads of American voters over the next year.  And if the end result is Trump being voted out of office, more than 90 percent of those that work for the big news companies will be just fine with that.
This week, we have seen an absolute explosion in the number of stories about the possibility of an imminent recession.  The following are just a few of the stories I came across while doing research earlier today…
Of course many of these stories were sparked by a major event that we just witnessed on Wall Street.  The following comes from Fox Business
The yield curve is blaring a recession warning.
The spread between the U.S. 2-year and 10-year yields on Wednesday turned negative for the first time since 2007. Such a development has occurred ahead of each and every U.S. recession of the last 50 years, sometimes leading by as much as 24 months.
Yes, it is possible that the yield curve could be wrong this time, but I wouldn’t bet on it.
And the economic news that is coming in from all over the world just continues to confirm that conditions are deteriorating.  On Thursday, we learned that U.S. manufacturing has slumped back into contraction territory, and earlier this week we got some really troubling news from Germany and China
Germany – Europe’s largest economy – reported that its gross domestic product, a measure of an economy’s health, went negative in the second quarter.
In China, the country’s industrial output in July hit a 17-year low, Detrick said. Retail sales and investment in real estate and other fixed assets weakened, an indication the world’s second-biggest economy is feeling pressure.
So it isn’t as if the mainstream media is being dishonest with us in this case.  Global economic activity is most definitely slowing down, and many believe that things will get much worse during the second half of this year.
And a global economic slowdown would be terrible news for the Trump campaign because their entire narrative depends on President Trump making the economy great again.  A substantial percentage of American voters are convinced that since he is a billionaire, Trump must really understand the economy very well.  And according to a CNN poll from earlier this year, the performance of the economy is one of the main reasons for his current level of support…
Right now, the main reason voters approve of Trump’s job performance is the economy. A CNN poll from late May found that 26% of those who approve of Trump’s job performance said it was mainly because of the economy. That was more than double the next most commonly given answer. Additionally, 8% said jobs/unemployment was the main reason for why they approved of Trump. Among those who disapproved, few said anything related to the economy was the main reason why they disapproved of Trump. For example, only 1% said the Trump tax cuts.
But if the U.S. economy plunges into a painful recession, the game completely changes.
For those on the left that would like to see Trump voted out in 2020, the timing of the next recession will be key.  If the next recession doesn’t begin until the second half of 2020, there may not be enough economic pain before November to swing the election in the favor of the Democratic candidate.  So what the left really needs is for a recession to begin during the second half of 2019 or the first half of 2020 so that Americans are really suffering by the time election day rolls around.
I know that is a very sick way to think, but these are the sorts of conversations that these people actually have.  For example, on his own television show Bill Maher publicly stated that a recession would be “worth it” if Trump is voted out in 2020.  As we approach the next election, many on the left will be so desperate to see Trump gone that they will be willing to pay just about any price to see that happen.
And to be honest, the U.S. economy is definitely way overdue for a major downturn, and so it is only prudent to get prepared for rough times ahead.  At this point, even USA Today is providing us with “recession survival tips”…
Do you really need that bundle package from your cable provider, or to pay a gardener to mow your lawn every week? Now might be a good time to figure out what’s an essential expense, and what you can let go.
“Review the family budget to see what could be reduced or cut if there was a sudden drop in monthly income,” says Richard Fleming, a certified financial planner based in Colorado Springs, Colorado. “Be prepared to make those reductions (or) cuts as soon as it becomes necessary.”
That is actually really good advice.
Now is a time to cut costs, get out of debt and build up your emergency fund.
The coming year promises to be quite chaotic, and those that hate President Trump are likely to pull out all the stops in an all-out attempt to get him voted out in 2020.
About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared NowThe Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse BlogEnd Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

Monday, January 22, 2018

The Mainstream Media Doesn’t Want To Talk About #ReleaseTheMemo, But This Could Be The Biggest Scandal In D.C. Since Watergate - Michael Snyder THE ECONOMIC COLLAPSE BLOG


Posted: 21 Jan 2018 Michael Snyder  THE ECONOMIC COLLAPSE BLOG

Republican members of Congress are pushing for the release of a memo that reportedly shows that government surveillance powers were illegally used against Donald Trump during the presidential campaign, and that the Obama administration, the FBI and Hillary Clinton illegally colluded in a concerted effort to try to destroy Trump’s chances of winning the presidency. 

If these allegations turn out to be true, this will be the biggest scandal in American political history, but so far the mainstream media doesn’t want to talk about it.  Other than Fox News, it is hard to find any coverage of this memo on any of the mainstream news networks.  But as you will see below, Republican members of Congress are making a tremendous amount of noise about it.

Only certain members of Congress have been able to read this memo so far.  In order to take a look at it, these members of Congress have had to go to a secure room in the depths of the Capitol, and they are not permitted to reveal the details of what they have read.

But some Republican members of Congress that have seen it are speaking out, and what they have revealed so far is extremely alarming
“It’s troubling. It is shocking,” Rep. Mark Meadows (R-NC) told Fox News. “Part of me wishes that I didn’t read it because I don’t want to believe that those kinds of things could be happening in this country that I call home and love so much.”
“The facts contained in this memo are jaw-dropping and demand full transparency. There is no higher priority than the release of this information to preserve our democracy,” said Rep. Matt Gaetz (R-FL), a member of the Judiciary Committee, which oversees the DOJ and the FBI.
Another Judiciary Committee member, Rep. Steve King (R-IA), called what he saw in the memo “sickening” and said it was “worse than Watergate.”
Actually, Representative King had a whole lot more to say about the memo than that.  Here is the full quote that he posted on Twitter
I have read the memo. The sickening reality has set in. I no longer hold out hope there is an innocent explanation for the information the public has seen. I have long said it is worse than Watergate. It was #neverTrump & #alwaysHillary#releasethememo
A sitting member of Congress says that this is “worse than Watergate” and the mainstream media doesn’t want to talk about it?

Once upon a time the mainstream media at least tried to be fair, but at this point they are extremely hesitant to publish anything that does not fit with the narrative that the Democrats are good and the Republicans are bad.

This memo could be the thing that causes all hell to break loose in Washington.  According to Representative Matt Gaetz, “people could lose their job” once this memo gets out…
Florida Rep. Matt Gaetz said he believed people could lose their jobs after the memo is released.
“I believe the consequence of its release will be major changes in people currently working at the FBI and the Department of Justice,” he said, referencing DOJ officials Rod Rosenstein and Bruce Ohr.
“You think about, ‘is this happening in America or is this the KGB?’ That’s how alarming it is,” Pennsylvania Rep. Scott Perry said.
And not too long ago, U.S. Representative Jody Hice added his voice to those calling for the release of this memo…
Earlier this morning, I examined the classified, four-page memo from @HouseIntelComm regarding the FBI, DOJ, and the so-called . To put it simply, “WOW.” I joined the call to . Americans deserve truth and transparency.
I know that most people have such short attention spans these days, but this is one scandal that we cannot let go.  Even though members of Congress are not supposed to reveal the contents of this memo, Representative Gaetz says that it reveals “horrific abuses” that were committed during the Obama administration that will “shock the conscience of this country”
When asked about the contents of the memo, Rep. Gaetz replied, “There are 4 pages of a memorandum prepared by the Intelligence Committee that will shock the conscience of this country when it comes to the horrific abuses that occurred during the last admin. and that I believe continue to pose a threat to Donald Trump’s presidency.”
Later in the interview, Rep. Gaetz hinted the memo outlines how the U.S. government may have committed fraud by presenting the courts with “false information,” to obtain FISA warrants.
We need to make as much noise as possible until the American people are allowed to see this memo.

And if it is as bad as many people believe that it is, a whole lot of people from the Obama administration and the Clinton campaign need to go to prison.

Fortunately, there are already indications that we are going to get to see this memo soon.  According to Representative Dave Joyce, the process of getting this memo released to the public has already begun
Great news! Our efforts to  have been effective and the HPSIC plans to begin the process to release the FBI/FISA/Russia memo. This may take up to 19+ Congressional work days but Americans deserve to know the truth.
As I have been stressing repeatedly in recent weeks, we must restore the rule of law in this nation if we want the American people to have faith in the system.

President Trump is fighting tirelessly to do the right thing, but there are dark forces inside the government that desperately want to keep the truth from being exposed.  I really like how Tom Luongo described this struggle in one of his recent pieces…
Trump’s continued needling of the establishment; playing the long game and demonizing the media which is the tip of the Shadow Government’s spear while strengthening the support of both the military (through his backing them at every turn) and his base by assisting them destroy the false narratives of globalism has been nothing short of amazing.
As a hard-core, jaded politico, I can tell you I never thought for a second he had the ability to what he’s already done.  But, as the past few months have pointed out, the real power in the world doesn’t rest with the few thousand who manipulate the levers of power but the billions who for years stood by and let them.
And those days of standing by are gone.
If Hillary Clinton had won the election, we would have never learned about any of this corruption that is going on behind the scenes.

The Trump presidency is our golden opportunity to take our government back, and I plan to be a big part of the solution once I get to Congress.  Nobody is above the law, and I believe that this memo could be a tipping point.

It is time for Hillary Clinton, John Podesta and the rest of that crowd to go to prison, and the American people should accept nothing less.

Michael Snyder is a pro-Trump candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

Saturday, February 18, 2017

It Is About Time That We Had A President That Was Willing To Go To War With The Mainstream Media - Michael Snyder THE ECONOMIC COLLAPSE BLOG

Donald Trump Waving - Public Domain

Posted: 17 Feb 2017  Michael Snyder   THE ECONOMIC COLLAPSE BLOG

Thursday afternoon’s press conference was perhaps the most memorable moment of Donald Trump’s presidency so far.  Trump’s blistering attack on the media was quite a spectacle, but the truth is that it was desperately needed. 

For decades, the mainstream media has dominated political discourse in this country no matter who has been in control of the White House or Congress.  They have become masters of guiding and shaping public opinion, and in recent years they have completely discarded any pretense of being “unbiased” or “objective”. 

These monolithic media organizations relentlessly push the progressive agenda of their owners (the global elite), and that is why the “news” always seems to be just about the same no matter which network it is coming from.  Their monopoly is slowly being broken by the rise of the alternative media, but the truth is that most Americans still rely on just a handful of ultra-powerful media organizations for their news.

So when Trump brutally attacked the mainstream media at his press conference on Thursday, millions upon millions of Americans greatly rejoiced, because they finally got what was coming to them.  And then on Friday, Trump posted a message to Twitter calling the New York Times, NBC, ABC, CBS and CNN “the enemy of the American people”…
The FAKE NEWS media (failing @nytimes@NBCNews@ABC@CBS@CNN) is not my enemy, it is the enemy of the American People!
— Donald J. Trump (@realDonaldTrump) February 17, 2017

After Donald Trump’s surprise election victory in November, many in the mainstream media started referring to the pro-Trump alternative media as “fake news”, but now Trump has totally turned that insult against them.

For weeks Trump has been referring to CNN as “fake news”, but on Friday he said that he was now going to refer to them as “very fake news”.  The following exchange between Trump and CNN’s Jim Acosta comes from the official White House website
Q    Just because of the attack of fake news and attacking our network, I just want to ask you, sir —
THE PRESIDENT:  I’m changing it from fake news, though.
Q    Doesn’t that undermine —
THE PRESIDENT:  Very fake news now.  (Laughter.) 
We have never seen an exchange quite like that between a president of the United States and a prominent member of the mainstream media, but it was well overdue…
Trump: I’m changing CNN from “fake news” to “very fake news.” pic.twitter.com/5ZRoDXdUNz
— Washington Examiner (@dcexaminer) February 16, 2017

For eight years, the mainstream media gushed and fawned over Barack Obama because he supported the progressive agenda of the global elite, but now that Trump is in the White House virtually every story from the mainstream media is negative.

So when Chief White House Strategist Steve Bannon refers to them as “the opposition party” he is right on target…
In a rare interview with The New York Times last month, Chief White House Strategist Steve Bannon, the former chair of the far-right Breitbart News, called reporters the “opposition party” and said “the media should be embarrassed and humiliated and keep its mouth shut and just listen for a while.”
“They don’t understand this country,” Bannon said. “They still do not understand why Donald Trump is the president of the United States.”
At this point, the mainstream media is so desperate to portray Trump as a bad guy that they have resorted to a modern day version of McCarthyism.  For decades, liberals always pointed to McCarthyism as one of the greatest examples of paranoia and intolerance in modern American history, but now they are doing the exact same thing to Trump
A bizarre feature of the present confrontation is that the Democrats and liberals have relaunched McCarthyism, something they would have decried as a toxic episode in American political history until a few months ago. Just as Senator Joe McCarthy claimed in 1950 to have a list of communist infiltrators in the State Department, so any contact between a Trump supporter or official and a Russian is now being reported as suspicious and potentially treacherous. It is difficult to see where Trump is wrong when he tweeted that “the Democrats had to come up with a story as to why they lost the election, and so badly, so they made up a story – RUSSIA. Fake news!”
The reason why many of us constantly refer to the mainstream media as a single entity is because it really is very tightly controlled.  You see, the truth is that more than 90 percent of the news, information and entertainment that Americans get through their televisions comes from just 6 giant media corporations.  And of course those 6 enormous corporations are owned and controlled by the elite of the world.

The war for our society is a war for hearts and minds, and the reason why the elite have made so much progress is because most Americans allow thousands upon thousands of hours of “programming” to be constantly pumped into their heads.

The following numbers come directly from Nielsen, and they show how much news, information and entertainment average Americans consume through various methods each day…

Watching live television: 4 hours, 32 minutes
Watching time-shifted television: 30 minutes
Listening to the radio: 2 hours, 44 minutes
Using  a smartphone: 1 hour, 33 minutes
Using Internet on a computer: 1 hour, 6 minutes

When you add the top two categories together, the average American consumes more than five hours of television every single day.

And when you add all of those categories together, the average American is plugged into “the matrix” in some way for more than 10 hours a day.

We are literally subjecting ourselves to a form of very powerful mind control, and the extraordinary power of the media is something that I addressed in my novel.  There are some people that actually cannot stand complete silence because they have become so accustomed to having something “on” all the time.  As a society, we are absolutely addicted to entertainment, but there is always an agenda behind that entertainment.  This is something that I talked about in a previous article
Virtually every television show, movie, song, book, news broadcast and talk show is trying to shape how you view reality.  Whether you realize it or not, you are constantly being bombarded with messages about what is true and what is not, about what is right and what is wrong, and about what really matters and what is unimportant.  Even leaving something out or ignoring something completely can send an extremely powerful message.
When Donald Trump said that the mainstream media is “the enemy of the American People”, he was 100 percent correct.

If our country is going to have a positive future, the immense power that these media corporations have over the general population must be broken.

It is about time that we had a president that was willing to go to war with the mainstream media, and I greatly applaud President Trump for the stand that he is taking.

Tuesday, January 31, 2017

Rick Joyner: Bob Jones' Media Prophecy Coming to Pass Before Our Very Eyes - JESSILYN JUSTICE CHARISMA NEWS


Bob Jones speaks to the school of prophets. (YouTube)

Rick Joyner: Bob Jones' Media Prophecy Coming to Pass Before Our Very Eyes

oin us on the new C-Pop podcast where Taylor and Jessilyn discuss, debate and sometimes deride pop culture with a strong sense of humor and a focus on Christ. Listen at charismapodcastnetwork.com.

As the anniversary of Bob Jones' passing creeps up, friend and fellow prophet Rick Joyner shared one of Jones' last words via Facebook.
"On Feb. 14, it will be three years since he passed, which he did with some of the most spectacular works of his life coming in his last few hours," Joyner says. "One thing Bob told me often was that the most dangerous terrorist organization was the media. He's proven right on that one, too." 
Since November's election, the mainstream media appears to have launched a full attack on President Donald Trump.
FOX's Sean Hannity says the recent media reports cause the networks to de-legitimize themselves. 
For Joyner, it all fits into Jones' prophecy.
"The present unrest was started by the media and is fueled by it. Let the media not cover it for a single day and it would die out. The media coverage is purposely inflammatory, and ... mostly very exaggerated and sensationalized. We also have a generation conditioned to believe it and respond to it," Joyner writes. 
"So, how do we counter this? You kill a fire be either depriving it of oxygen (don't worry about it or talk about it), or you throw water on it, which is the truth. Most of those trying to inflame the present protests are being revealed as hypocrites by their own previous statements about how we need to do what Trump is now doing." 
Joyner believes the tailspin of the media could ignite a great revival.
He concludes:
We can expect this kind of outrage for a while. This is revealing how desperate the left is now, and also what their true nature is. It will eventually die out because those supplying the oxygen for these fires, the exaggerations and sensationalism, are shrinking. As they get more desperate and more shrill, know that their end is getting closer. At the same time, those providing the water, the truth with integrity, are going to grow and be able to put out such fires with increasing skill and speed and turn the fires of outrage into fires of revival. 
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Saturday, January 28, 2017

Mainstream Media Loves 'Nasty' Women But Not Unborn Girls - TODD STARNES CHARISMA NEWS

The crowd at the 2017 March for Life. (Courtesy/March For Life)

Mainstream Media Loves 'Nasty' Women But Not Unborn Girls

TODD STARNES  CHARISMA NEWS
Today hundreds of thousands of pro-life Americans are expected to rally in Washington, D.C., for the annual March for Life.
And if previous years are any indication—the mainstream media will turn a blind eye.
Networks like CNN and MSNBC are more than happy to provide wall-to-wall coverage and above-the-fold headlines for so-called "nasty" women. But they have no interest in giving equal access to hundreds of thousands of pro-life women—the defenders of the unborn.
The three broadcast networks covered the women's march 129 times more than they did the 2016 March for Life, Newsbusters reports. Shameful.
The Mainstream Media would have you believe that pro-lifers are religious fanatics—fringe lunatics. But in fact, most of those marching in the streets today are young millennials—college-educated. 
They wear skinny jeans and knit caps and drink chai tea. They are computer engineers and attorneys—young men and women who have seen firsthand the scourge of the abortionists. 
They have seen the cruel atrocities committed by Planned Parenthood—funded by our tax dollars. Blood money.
They went to the polls on Election Day to cast their vote for a man who promised to defend the unborn. 
And today they march—for the more than 59 million little boys and little girls slaughtered since Roe v. Wade became the law of the land.
They march to send a message to the world—that all lives matter.
They march to remember an entire generation of doctors and writers and scientists—wiped off the face of the earth.
They march in solidarity against the abortionists—selling the body parts of their victims at auction to the highest bidder.
They are Catholics and evangelicals, Pentecostals and Protestants, Jew and Gentile—marching arm-in-arm to end this modern-day holocaust. It's a holocaust the mainstream media has deemed unworthy of coverage.  
Todd Starnes is host of "Fox News & Commentary," heard on hundreds of radio stations. Sign up for his American Dispatch newsletter, be sure to join his Facebook page and follow him on Twitter. His latest book is God Less America.
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Thursday, June 16, 2016

15 Facts About The Imploding U.S. Economy That The Mainstream Media Doesn’t Want You To See - Michael Snyder THE ECONOMIC COLLAPSE BLOG

U.S. Economy - Public Domain

Posted: 15 Jun 2016   Michael Snyder  THE ECONOMIC COLLAPSE BLOG

You are about to see undeniable evidence that the U.S. economy has been slowing down for quite some time.  And it is vital that we focus on the facts, because all over the Internet you are going to find lots and lots of people that have opinions about what is going on with the economy.  And of course the mainstream media is always trying to spin things to make Barack Obama and Hillary Clinton look good, because those that work in the mainstream media are far more liberal than the American population as a whole. 

It is true that I also have my own opinions, but as an attorney I learned that opinions are not any good unless you have facts to back them up.  So please allow me a few moments to share with you evidence that clearly demonstrates that we have already entered a major economic slowdown.  The following are 15 facts about the imploding U.S. economy that the mainstream media doesn’t want you to see…

1. Industrial production has now declined for nine months in a row.  We have never seen this happen outside of a recession in all of U.S. history.

2. U.S. commercial bankruptcies have risen on a year over year basis for seven months in a row and are now up 51 percent since September.

3. The delinquency rate on commercial and industrial loans has been rising since January 2015.

4. Total business sales in the United States have been steadily dropping since the middle of 2014.  No, I did not say 2015.  Total business sales have been in decline for nearly two years now, and we just found out that they dropped again
Total business sales in the US did in April what they’ve been doing since July 2014: they dropped: -2.9% from a year ago, to $1.28 trillion (not adjusted for seasonal differences and price changes), the Censuses Bureau reported on Tuesday. That’s where sales had been in April 2013!
5. U.S. factory orders have been dropping for 18 months in a row.

6. The Cass Shipping Index has been falling on a year over year basis for 14 consecutive months.

7. U.S. coal production has dropped to the lowest level in 35 years.

8. Goldman Sachs has its own internal tracker of the U.S. economy, and it has fallen to the lowest level since the last recession.

9. JPMorgan’s “recession indicators” have risen to the highest level that we have seen since the last recession.

10. Federal tax receipts and state tax receipts usually both start to fall as we enter a new recession, and that is precisely what is taking place right now.

11. The Federal Reserve’s Labor Market Conditions Index has been falling for five months in a row.

12. The employment numbers that the government released for last month were the worst that we have seen in six years.

13. According to Challenger, Gray & Christmas, layoff announcements at major firms are running 24 percent higher this year than they were at this time last year.

14. Online job postings on the business networking site LinkedIn have been declining steadily since February after 73 months in a row of growth.

15. The number of temporary workers in the United States peaked and started falling precipitously before the recession of 2001 even started.  The exact same thing happened just prior to the beginning of the 2008 recession.  So would it surprise you to learn that the number of temporary workers in the United States peaked in December and has fallen dramatically since then?

Earlier today, we learned that two of our biggest corporations will be laying off even more workers.  Bank of America, which is holding more of our money than any other bank in the country, has announced that it is going to be cutting about 8,000 more workers
Bank of America is expected to reduce staffing in its consumer banking division by as many as 8,000 more jobs.
The nation’s largest retail bank by deposits has already reduced the staffing in its consumer division from more than 100,000 in 2009 to about 68,400 as of the end of the first quarter of 2016, said Thong Nguyen, Bank of America’s president of retail banking and co-head of consumer banking at the Morgan Stanley Financials Conference Tuesday.
And Wal-Mart has announced that it is going to be eliminating “back-office accounting jobs” at approximately 500 locations
Walmart is going to cut some back-office accounting jobs at about 500 stores in a bid to become more efficient.
The job cuts will occur mostly at stores mostly in the West and involve accounting and invoicing workers, says spokesman Kory Lundberg. Instead, bookkeeping functions will be switched to Walmart’s home office in Bentonville, Ark. Cash at the stores will be counted by machine.
Day after day we are hearing about more layoffs like this.  So why would this be happening if the U.S. economy truly was in “recovery mode”?

Even with how manipulated the GDP numbers are these days, Barack Obama is on course to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent.  The truth is that our economy has been stuck in the mud ever since the end of the last recession, and now a major new downturn has clearly already begun.

And you want to know who else realizes this?

Foreign investors do.

Last month, foreign investors dumped U.S. debt at the fastest pace ever recorded
Foreign investors sold a record amount of U.S. Treasury bonds and notes for the month of April, according to U.S. Treasury Department data on Wednesday, as investors priced in a few more rate increases by the Federal Reserve this year.
Foreigners sold $74.6 billion in U.S. Treasury debt in the month, after purchases of $23.6 billion in March. April’s outflow was the largest since the U.S. Treasury Department started recording Treasury debt transactions in January 1978.
There is no debate any longer – the next economic crisis is already here.  This is so abundantly obvious at this point that even George Soros has been feverishly dumping stocks and buying gold.

We can argue about whether the U.S. economy started turning down in late 2015, early 2015 or late 2014, and it is good to have those debates.

But at the end of the day, what is far more important is what is ahead.  Fortunately, our downturn has been fairly gradual so far, and let us hope that it stays that way for as long as possible.

In much of the rest of the world, things are already in full-blown panic mode.  For instance, Venezuela was once the wealthiest nation in South America, but now people are literally hunting cats and dogs for food.

Absent a major “black swan event” of some sort, we won’t see that happening in the United States for at least a while yet, but without a doubt we are steamrolling toward a major economic depression.

Unfortunately for all of us, there isn’t anything that any of our politicians are going to be able to do to stop it.

*About the author: Michael Snyder is the founder and publisher of The Economic Collapse Blog. Michael’s controversial new book about Bible prophecy entitled “The Rapture Verdict” is available in paperback and for the Kindle on Amazon.com.*