Turbulence - Now Think On This by Steve Martin

Turbulence

Now Think On This

Steve Martin

“For You have been a defense for the helpless, a defense for the needy in his distress, a refuge from the storm, a shade from the heat; for the breath of the ruthless is like a rainstorm against a wall.” (Isaiah 25:4, NASU)

Having now experienced the tail-end of two hurricanes hitting the Carolinas in the past few weeks, one realizes that turbulence, either in the natural or spiritual, can be most troubling to the soul. And for many, it touches the spirit and body in extreme measures. If the fierce wind doesn’t blow down the decades-old tree onto your house, there is a good chance that the high tide or rising, overflowing river will take down foundations built long ago.

When it comes to the forces of weather, mankind continues to remain at the Lord’s mercy.

On the same day that Hurricane Michael was striking the Florida panhandle with tremendous, destructive force, the USA stock market was being hit with a substantial downturn. Grant it, record marks had been reached over 15 times this year, but those counting on life-long investments and golden year eggs still face uncertainty in things they really can’t control.

Often there seem to be just too many things that are out of our hands. Think as we might in our own understanding, most often our simple lack of discernment and misdirection gets us nowhere or gets us going down the wrong road. (And it isn’t always the GPS’s fault.) And as for me, I am fine with that. Because even in the midst of my finite wisdom, my lack in controlling things, my minute understanding in making it all good – it always points me back to the fact that I am not a god. But I do know the One that is. So to Him, the Lord of all, I continually turn for godly guidance, godly wisdom, and blessed certainty in taking the right path.

 

While even in the midst of hurricanes, stock market failings, relationship troubles - all of which come with the need to hang on and get through it – trust in the Lord is a must in these end times. Nothing else can or will sustain us in the turbulent days ahead.

As I head for another journey to the Middle East, which has seen its years of turbulence, war, and strife among the nations, I look forward to being in the midst of the land of Israel, which has the assurance from Scripture of the hand of the Lord God Almighty upon them, covering over His people.

"The poor and needy seek water, but there is none,

Their tongues fail for thirst.

I, the Lord, will hear them;

I, the God of Israel, will not forsake them.

I will open rivers in desolate heights,

And fountains in the midst of the valleys;

I will make the wilderness a pool of water,

And the dry land springs of water.

I will plant in the wilderness the cedar and the acacia tree,

The myrtle and the oil tree;

I will set in the desert the cypress tree and the pine

And the box tree together,

That they may see and know,

And consider and understand together,

That the hand of the Lord has done this,

And the Holy One of Israel has created it.

(Isaiah 41:17-20, NKJV)

This is a promise to the Jewish people, and also to those of us who call upon the Name of the Lord Yeshua, Jesus the Messiah.

Shalom and ahava (peace and love in Hebrew).

Now think on this,

Steve Martin

Founder/President

Love For His People, Inc.

P.S. Over the past 8 years the Lord has given me 354 messages to share. First in short message form and then compiled in books. Please be sure to sign up for our Now Think On This messages in newsletter format. Use the "Sign Up" button on our website, or go here: Sign Me Up!

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Now Think On This #355 - in the year of our Lord 10.11.18 – “Turbulence”, Thursday, 12:15 pm

2017 Has Been The Best Year For The Stock Market EVER - THE ECONOMIC COLLAPSE BLOG

2017 Has Been The Best Year For The Stock Market EVER

Posted: 18 Dec 2017 Michael Snyder  THE ECONOMIC COLLAPSE BLOG

We have never seen a better year for stocks in all of U.S. history.  Just five days after Donald Trump entered the White House, the Dow Jones Industrial Average hit the 20,000 mark for the first time ever.  On Monday, the Dow closed at 24,792.20, and there doesn’t seem to be any end to the rally in sight.  Overall, the Dow Jones Industrial Average is up more than 5,000 points so far in 2017, and that absolutely shatters all of the old records.  Previously, the most that the Dow had risen in a single year was 3,472 points in 2013.

Yes, I know that it may seem odd for a website that continually chronicles our ongoing “economic collapse” to be talking about a boom in stock market prices.  But of course there has not been a corresponding economic boom to match the rise in stock prices.  This artificial stock market bubble has been created by unprecedented central bank intervention, and every previous stock market bubble in our history has ended with a horrible crash.

But for the moment, it is certainly appropriate to be in awe of what has transpired in the financial markets in 2017.  Never before have we seen the Dow close at a record high 70 times in a single year, and we still have almost two weeks to go.

Stocks have risen every single month in 2017, and that is the very first time that has ever happened as well.  No matter how much bad news has come out, stock prices have just kept climbing and climbing and climbing.

Since Donald Trump’s surprise election victory last November, the Dow is up a whopping 34 percent.

34 percent!

Wall Street has never seen better times than this.  Overall, U.S. stockholders have seen more than 5 trillion dollars in paper gains since Trump was elected, and this has created a real estate boom in some of the wealthier areas of the nation.

Of course markets go down a lot faster than they go up, and that 5 trillion dollars in paper gains could be wiped out very rapidly in the event of a major disaster, but for the moment investors are absolutely thrilled with what has been happening.

Of course there are red flags all over the place, but not too many people are even paying attention at this point. Right now the S&P 500 is the most overbought that it has been since 1958, and earlier today a CNBC article declared that U.S. stocks are “very, very overbought”, but this will probably just encourage people to buy even more.

These days, if stocks are up that is a signal to buy, and if stocks are down that is a signal to buy.

Of course we witnessed similar euphoria just before the dotcom bubble burst and just before the financial crisis of 2008, but most Americans have extremely short memories.

For most of us, those crashes might as well be ancient history.

But just like in each of those cases, market euphoria tends to hit a peak before things completely fall apart.  Bill Stone, the chief investment strategist for PNC Asset Management Group, recently made this point very succinctly…

“It is going to get to a point where it can’t get any better anymore,” he said. “In the market it’s always brightest before it gets dark.”

Others are being even more blunt.  For example, trends forecaster Gerald Celente is convinced that “equity markets around the world are going to crash” in 2018…

“Yes.  Everyone knows that the markets are overvalued.  The Schiller PE ratios rival those of the pre-1929 stock market crash and the Dot-Com bubble…The Black Swan Event: When war breaks out in the Middle East, the equity markets around the world are going to crash.  The Black Swan that is going to create ‘Market Shock’ is going to be an outbreak of war in the Middle East.  And when that happens, you are going to see gold and silver skyrocket.  That’s our forecast for one of the top 10 trends of 2018.”

Personally, I never believed that the stock market bubble could ever be inflated to such absurd proportions, and so I am just in awe at what is taking place on Wall Street. Since the last financial crisis our national debt has doubled, corporate debt has doubled, U.S. consumers are now 13 trillion dollars in debt, our economic infrastructure continues to be gutted, more than 40 million Americans are living in poverty and our financial institutions are being more reckless than at any other point in our entire history.

But for the moment, it is working.  We have been on the greatest debt binge in world history since the end of the last recession, and most people seem to believe that the debt-fueled standard of living that we are currently enjoying is somehow going to be sustainable.
Nothing about our long-term economic outlook has fundamentally changed.  Just because the authorities were able to extend this bubble for a little while longer does not mean that we are going to get to escape the consequences of decades of incredibly foolish decisions.
We just keep on mortgaging the future, but the funny thing about the future is that eventually it shows up.

And when our day of reckoning finally does arrive, the pain that it is going to cause is going to be absolutely off the charts.

Michael Snyder is a Republican 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.

The Stock Market Has Gone Up More Than 5 Trillion Dollars Since Donald Trump Was Elected - Michael Snyder THE ECONOMIC COLLAPSE BLOG

The Stock Market Has Gone Up More Than 5 Trillion Dollars Since Donald Trump Was Elected Posted: 08 Nov 2017  Michael Snyder  THE ECONOMIC COLLAPSE BLOG One year ago we witnessed the greatest miracle in political history, and since that time we have also witnessed one of the greatest miracles in financial history.  On November 8th, 2016 the Dow closed at 18,332.74. On Wednesday, it closed at 23,563.36.  U.S. stocks have increased in value by about 5.4 trillion dollars since Donald Trump was elected, and I don’t think that we have seen anything quite like this ever before.  So does Donald Trump deserve the credit for this unprecedented stock market run?  Many experts are at least giving him part of the credit… Greg Valliere, chief global strategist at Horizon Investments, says outgoing Federal Reserve chair Janet Yellen deserves “much of the credit” because the Fed’s policy of low interest rates has helped maintain a good economy and “favors stocks over other investments.” But Trump, he adds, “gets some credit for establishing a pro-business climate in Washington.” Trump also gets kudos for rolling back business regulations and pushing for a big tax cut for U.S. corporations, which investors say will boost corporate profitability. Without a doubt, a Trump victory was a good thing for the financial markets, but politicians need to be careful not to take too much credit for soaring stock prices. Because if they take credit when stocks go up, then they also have to be willing to take the blame when they go down. The primary reason why stock prices have gone up so much over the past several years is due to unprecedented intervention by global central banks.  They have literally pumped trillions of dollars that they have created out of thin air into the financial markets, and of course that was going to drive up asset prices. But now global central banks are reversing course in unison, and we will see if financial markets around the world can maintain these dizzying levels without artificial support. Because the truth is that whenever price/earnings ratios have ever gotten this high throughout history, a horrifying stock market crash has always followed.  There is no way that stock prices can stay at these levels without central bank support, and the trillions of dollars in paper gains that we have seen up to now can potentially be wiped out very rapidly. Just look at a company like Snapchat.  This is a company that is supposedly worth 15.4 billion dollars at the moment, and yet it is bleeding hundreds of millions of dollars a quarter.  The following numbers come from Wolf Richter… Snap Inc., the parent company of Snapchat, reported late Tuesday that its revenues in the third quarter rose 62% from a year ago, to $208 million, while its net loss more than tripled to $443 million. How? It wasn’t easy, but here’s how they did it: Cost of revenues, $211 million, exceeds revenues, a troublesome indicator. Most of it is what Snap pays Alphabet for hosting its content in the Google Cloud. Research and development expenses, $239 million, also exceed revenues. Sales and marketing expenses, $102 million, to push those Snapchat Spectacles? More on those in a moment. General and administrative expenses: $118 million Total expenses of $670 million, against revenues of $208 million. That’s what I call a business model. I want to be very clear about what I am going to say next. Snapchat’s business model is terribly broken, and this is a company that is going to zero. Ultimately, those that hold Snapchat stock to the very end will lose everything.  Instead of 15 billion dollars, this is a company that won’t be worth 15 cents. Speaking of going to zero, Sears just announced that they are getting rid of up to 140 more stores.  We have already set an all-time record for retail store closings in 2018, and the “retail apocalypse” that we are witnessing is only going to continue to accelerate. But at least the stock market continues to set new record highs, right? Don’t be fooled by the headlines.  The artificial stock market bubble is living on borrowed time, and meanwhile the “real economy” continues to struggle. When the stock market finally crashes, it will not be Donald Trump’s fault. Let me say that again. When the stock market finally crashes, it will not be Donald Trump’s fault. The Federal Reserve and other global central banks created this artificial bubble, and they will be to blame for the carnage that is caused when it bursts. And as the next great financial crisis unfolds, my hope is that people will finally be sick enough of these “boom and bust cycles” that we will be able to get rid of the Federal Reserve for good. We need people to understand that the design of our financial system is fundamentally flawed, because if we never treat the root cause of our problems we will always be chasing symptoms. There is a better way, and my hope is that in the aftermath of the next crisis we can start to get there. Michael Snyder is a Republican 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.

One Year Ago A Miracle Happened Posted: 08 Nov 2017 04:15 PM PST On November 8th, 2016 we witnessed the greatest miracle in the history of American politics.  Leading up to election day, virtually all of the experts were boldly assuring us that Hillary Clinton would be the next president of the United States.  Personally, I was quite alarmed about what a Hillary Clinton presidency would mean, because Clinton’s vindictiveness is legendary and my anti-Clinton articles had been seen by millions of people.  When Trump shocked the world by winning the election, it was like an entirely new day had just dawned in America.  If Donald Trump could become president of the United States, literally anything was possible. President Trump has been visiting Asia this week, but on Wednesday he took a few moments to thank those that voted for him last November… President Trump marked the anniversary of his 2016 presidential election win by remembering the “deplorables.” “Congratulations to all of the ‘DEPLORABLES’ and the millions of people who gave us a MASSIVE (304-227) Electoral College landslide victory!” he tweeted Wednesday, featuring a photo of him and some of his aides aboard Air Force Once. It has been 12 months, but it is still hard to grasp what happened on that historic night.  Nobody in the mainstream media seemed to believe that Trump had a chance, and his shock victory took almost the entire nation by surprise.  The following is an extended excerpt from an article that I published on the day after Trump’s victory entitled “Do You Believe In Miracles?”… —– After it was all over, I kind of stumbled around my home lost in my thoughts. I was happy, confused, hopeful, stunned and pensive all at the same time. Like so many others, what I thought I knew about politics turned out to be wrong. But in other ways, the election of Donald Trump has confirmed so much of what I know to be right about America. Ultimately, it was the American people that decided this election, because the elite were doing their best to absolutely bury him. Never before has the mainstream media been so openly biased against a major party presidential candidate. For months on end they dumped sewage on Trump, but it didn’t work. Never before has a major party presidential candidate faced a civil war in his own party on the eve of the election. A whole host of big names in the Republican Party publicly announced that they would not vote for Trump, but it didn’t work. Never before have we seen a bigger October surprise than the lewd tape from 11 year ago that came out and shocked the world. That would have instantly killed the campaign of any normal politician, but it didn’t kill Trump’s campaign. From the very beginning it seemed like Trump was at war with almost everyone, and somehow he came out on top in the end. He beat the Bushes and the Clintons. He beat the Republicans and the Democrats. He beat Hollywood and the mainstream media. He beat the pollsters and the pundits. He beat the never-Trumpers and the billionaire donors. He beat Miley Cyrus, Katy Perry, Lady Gaga, Jay Z, Beyonce, George Clooney, Matt Damon and Lebron James. He beat the forces of globalism, elitism and political correctness. He beat CNN, Fox News, MSNBC and Barack Obama. He beat them all. —– Millions of us that had worked so hard to get Trump elected were absolutely jubilant, but of course there were millions of others that were bitterly disappointed.  If you want to take a walk down memory lane, watch this YouTube video that shows a whole host of liberal talking heads melting down in the aftermath of Trump’s win.  They also knew that something had just fundamentally changed in America, and they were not happy about it at all. Sadly, many Republican politicians have still not embraced Trump, and that is a huge mistake. For example, many believe that Ed Gillespie’s huge loss in Virginia happened because he distanced himself from the president… “Republican Swamp Thing Gillespie Rejected,” Bannon’s Breitbart News declared in a headline. Gillespie “did not embrace me or what I stand for,” Trump tweeted from Asia. The rush to destroy Gillespie — who borrowed some tactics from Trump but kept his distance from the president — points to an escalating fight within the party over whether candidates are better off courting Trump and his loyal base or keeping them at arm’s length. As for me, I am proud to stand with President Trump, and pro-Trump voters all over the nation are getting involved in my campaign for Congress. Of course Democrats are hoping that the Trump era will be over as soon as possible and that things will then go back to normal. But that isn’t going to happen.  We are here to take our country back, and the Trump movement is only just getting started. Michael Snyder is a Republican 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.

House Of Cards: Netflix Is One Of The Poster Children For Tech Bubble 2.0 - Posted: 30 May 2017 Michael Snyder

House Of Cards: Netflix Is One Of The Poster Children For Tech Bubble 2.0

Posted: 30 May 2017 Michael Snyder

How can a company that is going to generate $2,000,000,000 in negative free cash flow in 2017 be worth 70 billion dollars?  Netflix has soared in popularity in recent years, but so have their financial losses.  Just like during the original tech bubble, investors are ignoring basic fundamentals and are greatly rewarding firms that are bleeding giant mountains of cash year after year just because they are trendy “tech companies”.  

But somewhere along the line you actually have to quit losing money if you are going to survive.  Just ask tech bubble 1.0 victims Pets.com, Webvan and Etoys.com.  The investors that poured enormous amounts of money into those companies ended up losing everything, and similar tragedies will play out as tech bubble 2.0 bursts.

So far in 2017, the S&P 500 is up about 8 percent, but FANG stocks (Facebook, Amazon, Netflix and Google) are up a whopping 30 percent.

But at least Facebook, Amazon and Google are making money.

Netflix is not.

So why in the world has the stock shot up by more than 30 percent so far this year?  It just doesn’t make any sense at all.  According to CNBC, during the first quarter Netflix had $423 million in negative free cash flow, and for the entire year it is being projected that it will have $2 billion in negative free cash flow…

The California-based company is now dumping cash into original content to maintain its dominance over its growing field of rivals. The company’s had $423 million negative free cash flow during the quarter, wider than the $261 million negative free cash flow a year ago. Netflix expects to have $2 billion in negative free cash flow this year.

The bleeding of cash at Netflix only seems to be accelerating.  The number for the first quarter of 2017 was 62 percent worse than the number for the first quarter of 2016, and it was more than twice as bad as the number for the first quarter of 2015.

It is hard to imagine that Netflix will ever be more popular than it is right now.

So if Netflix is not making a profit at this point, when will it ever make a profit?

Similar things could be said about Twitter.  This is a company that has never made a yearly profit and that is actually starting to see revenues decline.  But somehow the stock just continues to go up.  Since the last time I wrote about Twitter, the market cap has shot up another 1.5 billion dollars.

At this point, the market values Twitter at 13 billion dollars, but in the entire history of the company it has actually lost 2 billion dollars.

What we are witnessing is a modern day version of “tulip mania”, and at some point this irrational euphoria will come to a sudden end.  In fact, there are already some signs that tech bubble 2.0 may be in a significant amount of trouble.  The following is an excerpt from a Bloomberg article entitled “Investors Go All-In on Tech Giants”…

The tech-powered rally has catapulted the sector to a price-to-earnings ratio of 24.4, or 41 percent above the 10-year average. But as Google and Amazon stretch to nearly $1,000 a share, not everyone is comfortable with the valuations. Investors pulled more than $716 million from the most popular technology exchange-traded fund last week — the $17.4 billion Technology Select Sector SPDR Fund, or XLK — its largest weekly outflow in over a year, data compiled by Bloomberg show.
“Most everybody remembers 2000, so they might be getting a little nervous with this development,” said Maley. “I just wonder how many people have said to themselves, ‘If AMZN gets to $1,000, I’m going to take at least some profits.’”

All over the financial world, prominent voices are warning that the enormous financial bubbles that we see all around us are not sustainable and that a major crisis is heading our way.  I wrote about some of these voices yesterday, and today we can add Paul Singer to the list…

Given groupthink and the determination of policy makers to do ‘whatever it takes’ to prevent the next market ‘crash,’ we think that the low-volatility levitation magic act of stocks and bonds will exist until the disenchanting moment when it does not. And then all hell will break loose (don’t ask us what hell looks like…), a lamentable scenario that will nevertheless present opportunities that are likely to be both extraordinary and ephemeral. The only way to take advantage of those opportunities is to have ready access to capital.

When the financial markets collapse, Donald Trump will likely get most of the blame.

But Donald Trump did not create the stock market bubble, and he will not be responsible for ending it either.

Since the Federal Reserve was created in 1913, we have seen this same story play out over and over again.  There have been 18 distinct recessions or depressions since the Fed was established, and the more the Fed interferes in the marketplace the larger the booms and busts tend to be.

And it could be argued that this time around the Fed has manipulated financial markets more than ever before.  Interest rates were pushed as low as possible and trillions of dollars were pumped into the financial system during the Fed’s quantitative easing programs.  Of course those actions were going to create a huge bubble, and of course that bubble is going to inevitably burst.

Unfortunately, this is not just a game.  Real people with real hopes and real dreams are going to be absolutely devastated.  Millions of Americans that were carefully saving for retirement are going to be financially crippled, and pension funds all over the nation are going to be wiped out.

I don’t know why we can’t seem to learn from history.  And I am not talking about events that happened decades ago.  The build up to this coming crisis is so similar to what we witnessed just before the crashes of 2000 and 2008, but we just keep getting fooled over and over again.

But once things fall apart this time, I think that the American people will finally be fed up.  I think that they will be sick and tired of an unelected, unaccountable central bank that creates endless booms and busts, and I think that they will finally be ready to push Congress to shut the Federal Reserve down for good.

Love For His People Editor's Note: I believe in what Michael Snyder says. Being an accountant by trade, I can see it as he has truthfully and accurately written it out so often before.

I don't leave much cash in the bank; I am not letting my 401(K) build up too far without drawing out the cash (even with the penalties. Some is better than none.)

October 2017 seems to be a critical month to be prepared for in your financial situation.

I am encouraging you to listen, learn and act, as the Lord leads you to do in obedience.

Steve Martin

Founder/President

Love For His People, Inc.

The Stock Market Has Predicted the Outcome of Presidential Elections With 86 Percent Accuracy - MICHAEL SNYDER CHARISMA NEWS

Overall, the stock market has predicted the outcome of presidential elections with 86 percent accuracy, and that is way too strong of a correlation to ignore. (REUTERS/Carlo Allegri)

The Stock Market Has Predicted the Outcome of Presidential Elections With 86 Percent Accuracy

 8/3/2016 MICHAEL SNYDER  CHARISMA NEWS

If you want Donald Trump to win the election, you should be rooting for a stock market crash between now and November. As you will see below, if stocks go up during the last three months before an election, the incumbent party almost always keeps the White House. But if stocks go down during the last three months before an election, the incumbent party almost always loses.

Trump warned Americans to get out of the stock market, and if his warning turns out to be correct it will likely benefit him politically as well. When the general population believes that things are going well, Americans tend to stick with current leadership, but when the general population believes that we have hit rocky times they are usually ready for a change.

It turns out that this very strong correlation between the direction of the stock market and the outcomes of presidential elections goes all the way back to before the days of the Great Depression. The following comes from Zero Hedge...

Since 1928, there have been 22 Presidential Elections. In 14 of them, the S&P 500 climbed during the three months preceding election day. The incumbent President or party won in 12 of those 14 instances. However, in 7 of the 8 elections where the S&P 500 fell over that three-month period, the incumbent party lost.

The last time this correlation failed was back in 1980, and at that time Americans were feeling depressed about the country for other reasons. Overall, the stock market has predicted the outcome of presidential elections with 86 percent accuracy, and that is way too strong of a correlation to ignore. Just consider the gains or losses that we have seen for the S&P 500 during the last three months prior to each election since 1928 and the outcomes of those elections...

1928: 13.6 percent gain—incumbent party won

1932: -2.6 percent loss—incumbent party lost

1936: 7.9 percent gain—incumbent party won

1940: 8.6 percent gain—incumbent party won

1944: 2.3 percent gain—incumbent party won

1948: 5.4 percent gain—incumbent party won

1952: -3.3 percent loss—incumbent party lost

1956: -2.6 percent loss—incumbent party won

1960: -0.7 percent loss—incumbent party lost

1964: 2.6 percent gain—incumbent party won

1968: 6.5 percent gain—incumbent party lost

1972: 3.0 percent gain—incumbent party won

1976: -0.1 percent loss—incumbent party lost

1980: 6.7 percent gain—incumbent party lost

1984: 4.8 percent gain—incumbent party won

1988: 1.9 percent gain—incumbent party won

1992: -1.2 percent loss—incumbent party lost

1996: 8.2 percent gain—incumbent party won

2000: -3.2 percent loss—incumbent party lost

2004: 2.2 percent gain—incumbent party won

2008: -19.5 percent loss—incumbent party lost

2012: 2.5 percent gain—incumbent party won

As you can see, the only times the correlation broke down were during the years of 1956, 1968 and 1980.

But this is a very strange year. We have never seen a candidate like Donald Trump before, and the establishment is pulling out all of the stops in an effort to derail his march to the White House. So the normal rules may not apply this time around.

On Tuesday, Barack Obama took time out of his busy schedule to tell the press that Trump is "woefully unprepared" to be president, and he called on Republican leaders to pull their support from him...

"There has to come a point at which you say somebody who makes those kinds of statements doesn't have the judgment, the temperament, the understanding to occupy the most powerful position in the world," Obama said at the event with PM Lee Hsien Loong.

"There has to be a point in which you say this is somebody I can't support for president of United States," the president said. "There has to be a point in which you say 'enough.'"

The funny thing is that the exact same things could be said of Hillary Clinton. In fact, three of the top four hardcover books on the New York Times nonfiction best sellers list are about how Hillary Clinton does not have the judgment, the temperament or the character to be the president of the United States. The following comes from the Washington Examiner...

For the first time, three of the top four New York Times nonfiction best sellers are anti-Clinton books.

Two new books jumped to the front of the all-important hardcover nonfiction list just this week: Armageddon, by Dick Morris and Eileen McGann, and Hillary's America, by Dinesh D'Souza.

They join No. 1 Crisis of Character by former Secret Serviceman Gary J. Byrne which has been on top of the list for four straight weeks.

If you want to see where Hillary Clinton, Barack Obama and the Democrats want to take America, all you have to do is to look at the meltdown of the "socialist paradise" in Venezuela. For a while socialism seemed to work just fine there, but now desperate citizens wait in lines for up to 12 hours hoping to get something to feed their families...

A BBC journalist, who attempted to film the crisis, was stopped and forced by soldiers to delete footage of a protest outside a supermarket as desperate Venezuelans waited for food.

Baying crowds shouted "We want to buy stuff!" as they grouped outside the store in the country's capital, Caracas.

BBC journalist Vladimir Hernandez reports that many people approached him to say they had queued for 12 hours without being able to buy what they wanted.

This is what the endgame of socialism looks like.

Unfortunately, the American people don't understand this.

Unfortunately, about half the country wants to make Hillary Clinton the next president of the United States.

And in the end, the outcome of this election may be swayed one way or the other based on what the stock market does between now and November.

I don't know what that says about our country, but it isn't good.

If the American people still had any sense, an ultra-corrupt, morally bankrupt politician such as Hillary Clinton would not have a prayer of being elected dog catcher, much less president of the United States. The fact that about half the country plans to vote for her at this point is extremely frightening, and it may indicate that this nation is in far worse shape than most of us would like to admit.

Michael Snyder is the founder and publisher of End Of The American Dream. Michael’s controversial new book about Bible prophecy entitled "The Rapture Verdict"is available in paperback and for the Kindle on Amazon.com.

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