By Greg Hunter’s (Early Sunday Release) Economist John Williams warned last year the U.S. Economy never really recovered, and it was going to turn down again. That downturn happened Friday when the latest GDP figures came in below 2% growth in the fourth quarter of 2016.

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Williams says the economy “contracted,” and he contends it’s going to get a lot worse before it gets better. Williams explains, “I think there is reason for optimism in terms of the economy down the road. The problem is irrespective of who is president.

When you introduce new policies, it takes about nine months to a year before we see the impact. So, the impact of all the happy things that are happening now won’t start to surface until 2018 barring other complications. I expect you to see a pickup in the economy then. Unfortunately, we are still in an economy that is turning down. You are going to see that in the reporting in the next several months. We never really recovered from the economic collapse going into 2009. There was a little bit of a rebound, and we started to see the economy turn down again in 2014.

If you look at the underlying series such as industrial production, freight indices and petroleum consumption, there has been no recovery. We are turning down again. This is the longest and deepest economic contraction since the Great Depression.” On rising interest rates, Williams predicts, “I think the Fed is going to suppress rates. Unfortunately, the bad economy we have now will be at least the better part of 2017. As the economy weakens, that puts renewed stress on the banking system. The Fed is going to be forced back to accommodating the solvency of the banking system. The Fed will be moving back towards the quantitative easing (money printing) that it had before.

They have to save that banking system as they did back in 2008... As they do that, it will kill the dollar.... There is hope for the economy, but we have a very difficult year ahead.” Williams goes on to say, “There are two big problems.

The Fed still doesn’t have control of the system, and I think they are going to be having trouble with the banks. They are going to move back to quantitative easing (money printing) that will hit the dollar hard. That, by itself, would tend to put upside pressure on rates.

The Fed can intervene for the banking system, but it’s not going to be good for the financial markets. The second element, which is also very bad for the dollar, is that in the initial phases of the Trump stimulus, you are also going to see some increase in the near term budget deficit. Once you are down the road, and you have a stronger economy and you have greater revenues coming in with taxes and greater profits, that will help lessen the deficit. The global currency markets will, once again, look at the long term solvency of the United States, and in that area, you are going to have serious issues as you did in August of 2011.

As the markets focus on the long term solvency of the U.S. Government, that is a very bad circumstance for the dollar.” If they don’t do that, Williams says, “We are facing a terrible crisis.... In terms of the Fed (getting control) and the long term solvency issues, these are death knells for the dollar. Unless those are addressed, you are going to see massive selling of the dollar, a debasement of the dollar and high inflation that will lead you into hyperinflation. That’s what comes into play.

Prior to this administration, I would have given the chances of avoiding that as nil, but with this administration, I have some hope here.” Join Greg Hunter as he goes One-on-One with economist John Williams, founder of (There is much more in the video interview.) After the Interview: There is free information and analysis on the homepage of John Williams also has a subscription service that goes into great detail and economic analysis. You can subscribe by (To Donate to USAWatchdog.com,.). Greg Hunter Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin.

USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows. Dear Anthony You use the word war like it is a common fact.

It has s business as usual for this time period. We don’t need the hyperbole to get across an educated message. It’s currency competition, trade policies and their is no world war. Get it through your heads!

We are not even remotely close to world war. This is fear mongering. Use better language. Personally, I look forward to killing ISIS, as Trump proposed in his latest executive order, but this is NOT world war. Instead, its a localized conflict without significant backing spread over a wide area because it would not be prudent to amass in any place in vast numbers. Technology and will are converging.

It should not take long to end this problem. The banks in Australia are lending like no tomorrow, valuations of collateral is over the top. I am asked weekly by my lender about a second investment property, I don’t even have 1, and they refused to swap my variable home loan to fixed on my request. I had to change my mortgage to another institution that offered fixed home loans for 5 & 7 years.

A family member with super poor credit and I mean poor credit, drive a $40,000 car off the lot after being approved in 45 minutes. I have a feeling we are going into our own sub-prime crisis, so many people are in debt and leveraged to the eyeballs. AA- your are correct- collapse is coming, but elite’s keep holding on by their finger-nails. As a friend told me in 2009 who knows one of the ‘elite’s”- they(the elite’s) will keep rising the markets back up to make the average person feel more comfortable after the last crash. At the time of their choosing they will crash the systems/markets again using the derivatives markets(all interest rate driven). They plan to make trillions of dollars on this move-again like last time. People need to get out of debt as much as possible, now.

What happened in 2008-09 is coming again- signs are everywhere, and they can easily blame Trump. Note also- Nibiru (planet X) is fast approaching(Nov.2017- to early 2018?)- most of what the elite do will be of little effect when the planet is wiped-out. Sorry Greg, edited; The banks in Australia are lending like no tomorrow, valuations of collateral is over the top. I am asked weekly by my lender about a second investment property, I don’t even have 1, and they refused to swap my variable home loan to fixed on my request. I had to change my mortgage to another institution that offered fixed home loans for 5 & 7 years.

A family member with super poor credit and I mean poor credit, drove a $40,000 car off the lot after being approved in 45 minutes. I have a feeling we are going into our own sub-prime crisis, so many people are in debt and leveraged to the eyeballs. A bit off the topic but study the success of Lithium as opposed to silver or gold. The cost of production of Lithium is $4000.00 per ton in the mining process and it sells for $8000.00 per ton to manufacturers. At the end market purchase price in batteries,the cost of Lithium is 25 to 100 times the cost of mining production. Silver and Gold have no such profit margins and production is falling off the cliff.Comparing the precious metals to Lithium a mining level,they should be at least double the current prices.Silver is far more important than Lithium in terms of being an essential industrial metal, so why is it so oppressed?

Greg, Excellent interview! Deliberate theft explained in succinct from the working class in terms Why politicians and federal gov’t always seem to get ‘their’ raises and benefits right and the social security COL increases wrong Nice that President Trump wants to freeze hiring and cut budgetsbut time the people demand the politicians and federal employees wages cut to show solidarity and share the pain with what they have put everyone else thru for several decades. As people always say’can’t stand a liar or a thief’.clearly we have both in every politician and federal worker who understands this and does nothing but goes along with it! Term limits is the answer Why should a President term limited after two elections but we have to tolerate a career Congress and Senate, Lobbyists, and staffers? Thank you John Williams for your honesty and clarity!

Thank you John Williams for your honesty and clarity! Every economist should know that hyperinflation is caused by: 1) excessive creation of money 2) increase in velocity of money It seems that excessive creation of money has already happened but that the drop in velocity of money to record low levels has prevented inflation from taking off. This seems to be a trap as now policy makers believe that you can create massive amounts of money with little inflationary impact. However, the mindset of the crowd could change suddenly causing a devastating surge in inflation. Hunter The main problem with John Williams is his inability, as well as yours, to acquire accurate information about whether or not the economic status quo is going to maintain or change. Williams jumps around so many economic topics and numbers, his message gets lost.

Therefore, when John says we never recovered from 2009, it comes across as a blanket statement that I regard as false because insolvent banks still exist and are currently doing business. This comes across as an oxymoron.

As a result, the banks are not insolvent, because they are doing business. Williams dilutes the message. Furthermore, the same bad habits the banks exercised are currently happening. Thus I conclude the business numbers are reflective of this. I propose overall, the status quo is improving because of the changes from Obama to Trump. I propose the electorate put Trump in office because they wanted change.

The people voted against the status quo and the economic policies of Obama. People on this blog like to write pessimistically about the economic reality in order to justify a doomsday scenario propagated by the guests Hunter interviews. However, I realize they exaggerate and obfuscate the economic reality to fit their agenda. My main point is the economy is stable. It is not so fragile that collapse is eminent. To the contrary, America’s business is optimistic under Trump as a result of deregulation, jobs programs, tariffs on imports, corporate interests now as opposed to Obama, etc And do not bother comparing America’s economy to the rest of the world.

Or trying a globalization arguement. Chicken little said, “the sky is falling”. This is not true today, and for the near future, which I define as a year, EASILY! I challenge anyone to make an arguement that the economy will become historically dangerous for the USA.

John Williams did NOT because he can not. He can talk numbers about the past and compare them to the present.

I commend him for this. However, he never came close to stating things SUCK. And they are going to get catastrophic, and therefore deadly. In the absence of Mr. Williams stating the economy is in dire circumstances, you all must conclude the economy is not as bad as others say it is.

Try censoring that Greg! Scott, Rigged is NOT stable. We are still in Fed “emergency” posture. An “emergency” where we “inject heroin and cocaine,” in to the financial system (Former Fed President Richard Fisher 1/5/16) is NOT stable. You are living in a fantasy world. These are facts and not my opinion. I don’t want anything.

I can do basis math, and in order for the world to allow the U.S. To go another $10 trillion in the hole is more of your fantasy. We will default long before then by inflation. You are misinforming people with your fact-less opinion. Scott Miller, Do you live on a different planet?

What is the value of any currency in the world that is controlled by a central bank? Do you not understand the destruction caused by the constant devaluation of the currency. It is a simple transfer of wealth from holders of the currency to the central bank issuing the currency. Be forewarned, the Bible predicts you will not be able to buy nor sell without the MARK OF THE BEAST.

Electronic currency is a huge step to the aforemention Bible Prophecy. You my friend, march to the tune of the PIED PEPER. Please wake up for your own sake.

Remember, they laughed a Noah too!!! This Sceptred Isle: Excuse me, you didn’t ask me, but here is my short comment on Planet Nibiru.

Scott, You seem to have all the answers so here’s my question that I’ve asked for the hundredth time to investment monkeys like you that show up on Greg’s site. How do pay for 104 trillion dollars in unfunded liabilities using 3.3 trillion dollars in tax revenue?

Don’t give me that crap that we live in a debt based system because the numbers simply don’t work. Debt clock doesn’t lie. Every man woman and child in this country is in debt to the tune of $248,000. Per person thanks the central banks money printing program. The only thing keeping these fake economy floating is the dollars reserve currency status.

Once that’s gone we’re all screwed. Including investors who see things through rose colored glasses like you. Scott, Every man confines himself to his own criteria. You are subscribing to ‘the System -and justifying it because it continues to function. The problem is: it won’t continue.

The conclusion of disaster and a ‘reset’ are based on the criteria which indicates an impossible problem; something you don’t accept or see admissible by not holding the same criteria. If those on this site are defining the problem correctly: the consequences will eventually follow according to the formula.

Sadly – you take all the colors of facts and use them to paint a different picture. Time itself will decide who between us is right. And in this equation: time is running-out on your side. Most cpa’s will tell you debts do not go away and are satisfied in some way eventually. The recent elimination of lump some payments along with pension compensations in a big texas police department is an example, along with inflation related devaluations of purchasing power. Historically, repeatedly various economic demises are rarely kicked off by an expected event.

I still marvel at how a financial statement from a relatively small obscure company perpetuated the tech wreck. Much like a spark starting a forest fire. Always be vigilant as things often happen in an unanticipated way.

Trump adds a lot of positive momentum through action and attitude but does not remedy the snow piling up on the overloaded roof at this point. THE REAL DANGERS The U.S. Dollar is EVERYWHERE in the World and still dominates foreign exchange markets by far. This won’t change much any time soon just because of FED monetary policy, as we have found out. Its takes more than the FED to shut-down the U.S.

What it really takes is a nuclear first strike by an outlaw nation like N. Korea, at China’s behest of course.

This is how it will actually happen, in all probability. You need to invite author and consultant Joel M. Skousen ( “Strategic Relocation” ) to talk about this future threat in real terms. People will need his insights if they hope to survive what is coming to America. If it does happen, millions of people will die, especially in or near our cities. We can fool ourselves and try to tell ourselves that everything is FINE and things will work themselves out. But the reality is mankind has taken itself to the edge of everything.

It saddens my heart to see so many around me fooling themselves or buying into the belief that things will remain as they believe them to be.just fine. Pension plans are not at risk.

Houses will continue to go up in value. The stock market will always do as it has done.it will have some bad days and have some good days. I have money saved for the futureI have a good pension plan.I will be just fine. For now I am the nutbar that should remain quiet. The people around me do not want to hear my message of concern. I guess I will just go to the ball game and have a hotdog.

Life is good.the Government knows what it is doing. Who knew that a SWAMP could be so full of smart honest people? Just because we haven’t collapsed yet does not mean we are fine and dandy and our civilization will survive remember over 30 “advanced civilizations” have come before us and “they all” ALL eventually destroyed themselves with odds like that I don’t believe our Scott Miller should be as optimistic as he is about our chances of surviving all the screwed up neocon, Nazi, communist liberal, Satan worshiping freaks with their hands on the nuke launch codes having the moral strength not to initiate a worldwide thermonuclear Armageddon!! Greg: On the campaign trail, Trump alluded to the real unemployment rate of >20% and the phony GDP numbers. It will be interesting to see if his Administration stops the lies and obfuscation of the economic statistics. The inflation number is the key.

The official CPI has a massive fudge factor in the weighting of costs for the normal necessities of life. Medical care, education expenses, effective rent, energy, and food should be the majority of a family budget. But these items represent less than 50% as weighted in the CPI. How can that be when the majority of the 99% have housing costs alone that exceed 40% of gross pay. JW’s inflation numbers have ranged from 7-10%, remarkably consistent with the numbers calculated in the Chapwood Report, an analysis of real inflation in 50 Metro US areas (everyone should check this out). Keep in mind that this 7-10% compounds every year, indicating that our cost of living has more than doubled since the start of the greatest depression in 2008.

And since nominal GDP has to be discounted by the true inflation rate, even the claimed very modest growth rate of 2.0% has to be discounted to at least a negative 5%. This also means that a 20K DOW is not a cause for celebration; it has just barely kept pace with true inflation, and worse, has been artificially boosted to its current level by a lot of financial engineering and stock buybacks. Many thanks for having this true economist back on again. Greg, The January Money Velocity Chart pretty much says it all. Does anyone really want to argue what’s driving the markets if its not money printing?

It sure isn’t expansion of GDP or it would show up in the Feds fourth quarter indexes. More importantly this “money printing” is utterly shredding the Yuan right now. The IMF will have to make a choice in their April meeting if not before. Either reset the currency baskets resulting in the dollar loosing exclusive reserve status, OR watch the Chinese economy implode with the collapse of the Yuan. Its going to get interesting.

So if I understand Mr. Williams correctly, the economy will continue to turn down for the rest of this year but will start to improve in 2018. Well, that won’t be so bad. I mean, right now in some parts of the country things are pretty good.

That’s certainly true in my area. The economy is booming here.

And that’s not hyperbole. There is so much development going on here, both commercial and residential. Homes are selling as soon as they go up for sale.

Land is being cleared to put up new subdivisions. New businesses are opening.

Companies are expanding by opening new stores. If this is a contraction I can’t wait to see what will happen in 2018. Now, I agree that the federal government’s insolvency needs to be addressed. But I think the only way to balance the federal budget and “stop the bleeding” is to reform the social insurance programs (i.e.

Social Security, Medicare, etc.). But Trump has stated that he isn’t going to touch those programs. Can he balance the budget by increasing federal revenue, through job creation, and cutting discretionary federal spending? DLC: same here.

I actually went negative. I was able to refinance my VA mortgage, 30 year fixed at 2.9% and actually got a very generous lender credit.

I didn’t do a cash out VA loan because I don’t need any cash as I don’t have any debt. My mortgage is very low now, $1000 a month for a single-family, 2-bedroom, 2-bathroom, garage, fenced house that is 10 years old. I saved $20 a month by changing my cell phone service to Consumer Cellular over Verizon. I own my phone and it still works so there is no reason to keep paying a premium to Verizon.

I also gain an extra gig of data with Consumer Cellular. I signed up online, they have an AARP discount, and you can keep the same number.

It wasn’t hard! I hear you though, I am doing the same thing, cutting corners as much as possible. I am building some raised beds in my yard so that I can grow fresh greens, bush beans, spring peas, and kale. They charge a fortune for that stuff, if it is organic, at my grocery, it isn’t hard to grow either and you can do repeat plantings. Craigslist and EBay are great, too. Not only for buying stuff but for selling items you no longer use.

It isn’t that hard to do, just use some common sense and you will get more for stuff at those sites than at a yard sale. I continue to read, hear of a reoccurring theme, that of hyperinflation. This is being bantered about more and more, especially over the past year. If in fact the economy enters a free fall scenario, where it becomes inflate or die, we can expect the path of least resistance to be in play, absolutely no one will be willing to undergo the hardship of enduring an extreme severe fiscal policy necessary to avert such an event. Unfortunately the severity of the coming events will force the hardship that every one seeks to avoid. A hyperinflation scenario in this economy and this day and age will produce events and consequences unimaginable to anyone who is even remotely familiar with the outcome of the great depression.

Hello Greg, Keep up the good work! I always appreciate Mr.

Williams and his analysis. Here in the Ozarks the economy continues in its downward spiral. As I mentioned before, I travel multiple counties with a watchful eye on economic happenings. Unfortunately, nothing good to report here, overall I could sum it up by saying a huge reduction in the money supply; people simply do not have the money to live as they are accustomed. Williams, I do not believe this will be fixed by Mr.

Trump; too much damage has been caused. The best Doctor on the planet cannot help a terminally ill patient and this country and the world, sadly, is terminally ill. Obviously, I am preaching to the choir to most watchdoggers. Jesus compared the time we are living in to the days of Noah and of Sodom and Gomorrah. We should put our trust in Him and watch, for time is of the essence. Thank you for all you do. SGT Report, Andy Hoffman, very critical of the executive orders and the pace of same.

It does make me nervous, but this is where we are at with a feckless Congress. Admittedly, I’m liking Trump’s chutzpah as opposed to Barry’s. Hopefully the voter will get off their dead duff and retire a good portion of the congressional criminals in the mid-term. I’m not staking anything on it though.

So, it looks like it will continue to come down to whose dictator is to your liking, ours or theirs. I do not see the now-established maneuver of executive orders going by the wayside, not when Congress is mostly into money grubbing and child trafficking and to hell with the state of the nation. They all got a pat on the head and an “atta boy” in 2014, and we got the finger post-haste. The US economy right now is really all about shrinking revenues. So there is only so long that companies can keep manipulating their reporting of earnings, and ‘cut costs’ before they have to seriously cut back. The Dow 30 revenues are now at what they were in 2010. Cisco has bought 45 companies, in 5 years, yet its revenues are stagnating.

In fact, they are over-paying, just to keep revenues flat. Eventually their shareholders will be royally screwed.

Too much money right now is going toward servicing debt by the consumer, even with low interest rates, and too much money is stuck going toward overall housing, prop taxes, insurance for all their ‘stuff’, healthcare, and utilities. Unless we export way more than we do now, to other global consumers, there is just no way revenues are going to support current valuations. What’s even crazier is that its very likely global investors will plow more money into our over-valued stocks, since world bond yields are so low (many negative), and risk in other country’s is worse than ours. There are 13,000,000 ‘millionaires’ in our country, precisely because everything we know today is in a massive bubble.

Stocks, bonds, real estate, car prices, luxury homes, art, IPO’s, tech start ups – it’s all one great big fat bubble. Even the dollar is at a 15 year cycle peak (bubble), on a multi-decade declining trend line. What happens to a ship when everyone is on the same side of it? I was gonna ramble a bit on this, but Contrast the statements here from Mr.

Williams with the last (2) podcasts from Peter Schiff to gain a much more distinct ‘pulse’ on all of this Suffice to say that the election of Mr. Trump – and his immediate ‘get ‘r done’ approach has had sort of an ‘inebriating’ effect on many otherwise steadfast & rational minds. This is quite understandable, given the past (8 or more) years of economic/fiscal/monetary profligacy and corruption. However, keep in mind that 1 year into a new administration doth not an immediate reversal-of-economic-comeuppance, make There is a price that is going to be paid. And if you were paying attention during Mr. Trump’s ~16 minute inaugural speech, you would have caught the part where he mentioned going through ‘hardships’ together That part of the speech was NOT accidental. @Agent P: I agree there’s a price to be paid and so far it’s unfortunately those that listened to the likes of John Williams, Bo Polny, Holter and the list goes on.

They may do good analysis but proved themselves to be terrible predictors in timing for precious metals or inflation, nor astute in the financial dealings of Wall Street and the large banks. I don’t know about you but listening to them has absolutely destroyed my stock portfolio while others which piled into bonds, high tech and similar markets have made a killing the past 8 years.

I don’t believe the stock market will ever tank again like 2008 as long as the U.S. Is still the worlds reserve currency. Between the plunge protection team, FED and super computers controlling pricing on Wall Street they have the power to reverse a 500 point drop in a couple of days which they already proved several times.

However, I do agree the market seems to be very highly priced and ripe for stagnation unless the FED announces more QE then fully expect the market to take its next steps towards 22,000. The American free-market no longer exists as it did in the past.

That insiders have been “made” winners; and contrarians have been made losers – is unfortunate. This has rewarded the cheaters, and punished those who adhered to more honorable intentions and criteria. I am worn-out beyond exhaustion; but I was set to descend into poverty anyway.

“Virtue is it’s own reward”; and Integrity the strong binding bonds. I don’t get much return in investment – but haven’t the heart to abandon what is Right. Profit isn’t everything.

I don’t mean to sound negative because I am an American citizen. But isn’t it a little too late for Trump to turn this around, I mean our creditors are still selling our treasury bonds as we speak. And if John Williams is correct about re-liquidating the backs again with QE, then what should our creditors reaction be reacting to this? I am no expert but if the dollar goes, isn’t everything going down the drain for the United States?

Thanks, Greg keep up the great work that you do. STEVEN, Yes, everything will go down the drain for the U.S. That’s why the rest of the world are still exporting their goods to us in exchange for the funny dollar. If they rejected the dollar abruptly, the whole world will go into an epic depression that will make the Great Depression looks like a walk in the park. They need to create/find a super consumer to replace the he U.S. Before they can pull the plug. Hence, the Chinese is building the Silk Road and their military.

Hopefully, when the world is ready to pull the plug on the dollar, Trump will not need to back the dollar with our military but with our productivity. Mob psychology. Works both ways, if a group of people believe that everything is going to collapse but that group is out numbered by people people who think that everything is fine then which side will do better. The doom and gloom has been on the wrong side of this market re inflation. If I understand Mr.

Williams correctly the future actually looks much better. Nero Express 12 Free Download Full Version. In my area of the country houses are being sold for top dollar.

My neighbors all drive late model cars. Restaurants and night club business is doing very well. I hold some precious metals but my individual stocks and index funds have made me very wealthy the last eight years.

America is not going anywhere but up. Happy to hear Mr.

Williams has finally capitulated and has figured out what many have known. Is there a possibility of things looking up by 2018?

Got to deal with this 600 pound gorilla before any rose color glasses; (By Wolf Richter) Wall Street hocus-pocus has done an awesome job. The Dow-20,000 hats have come out of the drawer after an agonizingly long wait that had commenced in early December with the Dow Jones Industrial Average tantalizingly close to the sacred number before the selling started all over again. What a ride it has been. From the beginning of 2011 through January 27, 2017, so a little more than six years, the DJIA has soared 73%, from 11,577 to 20,094. But when it comes to revenues of the 30 Dow component companies – a reality that is harder to doctor than ex-bad-items adjusted earnings-per-share hyped by Wall Street – the picture turns morose. Alanon, go back to your cult! Maybe the reason your are posting using that name is because you are unable to think clearly and reach your own conclusions and blaming others is easier than accepting responsibility for your own failures.

I am not a fan of the various AA cults. If you are a Christian it is easy enough to read a Bible and ask Jesus, directly, for forgiveness. You don’t need an intermediary. You don’t have to make your sins public and beg forgiveness while humiliating your self and your spirit in public. Jesus never asked for that kind of obeisance. Only the various AA groups so they could control you.

Do people judge you by the company you keep? Be brave and forge your own path, create your own destiny. Its just goofy how markets are down a little bit today, and the press is blaming that on Trump’s ban on just a few countries that are sponsors of terrorism. The real terrorism in my view, comes from our own US mainstream media, perpetuating hysteria and hypocricy. Our country is truly messed up in terms of its priorities.

Trump’s efforts to change some of that in the very beginning is no doubt going to ruffle feathers. Given the massive cacophony of hurt snowflakes here at just the very tip of the iceberg of changes needed, I have a feeling this is going to be a very painful 4 years for the leftists, and mainstream media. The current outrage is the wrong outrage, and essentially a false reaction to actions that Trump is taking, that are for the good for the country. What its doing is exposing the CEO’s of tech companies in Sillycon Valley for the frauds that they are, giving away millions of jobs to h1B’s that they can get away with paying far less, and those h1b’s won’t complain, than they would have to pay for high quality talent that exists by the boatload here in America. The fraud continues all the way down to many medium and smaller businesses that do the same, hiring illegals that they can pay less to, and also don’t have to pay their health coverage and avoid many taxes. This has been used as a wage suppression tool for many years, and it has ensured that these companies make outsized profits that only benefit the few.

Why do we have only 50% of college graduates getting jobs these days? Well its not because they are not educated, and mostly because companies simply don’t want to pay for the talent, so they hire millions of illegals, or H1b’s. Its rampant people, and the size and loudness of this revolt where fraudulent firms like Google, set up a $ 4million ’emergency fund’ to fight Trump’s actions. So you know right there it’s big time hitting their pocket books. Frankly, this is all LONG overdue.

No regular politician would have ever touched this with a 100 ft pole. Expect to hear the faux outcries against this, where the Googles and Apples will try to rally the petulant and totally ignorant masses, by saying this is ‘harming’ ‘good’ illegals, and ‘good’ H1b’s, or good ‘Greencards’.

Meanwhile, Schumer’s tears are a thing of beauty. It means the vice is clamping down on the gonads of these companies CEO’s who have been gutting our middle class, and taking advantage of Americans who pay taxes, while paying the lowest possible wage to people who aren’t even citizens, and using their low wages to further suppress those American wages who are good citizens. One of many very dirty secrets that we ignorantly have accepted. Greg, Thank you for another great interview. What if Trump cuts out the wasteful number of government employees and the foolish spending? What if 80,000,000 of the 95,000,000 working age Americans is able to go back to work?

The tax collections would just about double-watershed. Kind of like all the rain we are getting here in California-drought over-national deficit over. Hey, I can dream can’t I? Remember-Martin Armstrong says, “when you raise taxes-you eliminate jobs-there is a direct correlation”. Speaking of our great brother Martin-please interview him-I would like him to give us an approximation of what will be happening month by month for the next 24 months Thanks again. David, its hard to predict the future when you have a highly manipulated market. The stock market and interest rates do not represent real value or real markets.

But just as in Rome, who debased their currency and overspent, reality can not be ignored. Markets will correct themselves. How much does it pay to try to discredit those present real numbers and real news? Or are you merely some pathetic ideologue pushing a failed ideology with talking point inculcated by those who seek the destruction of our country? Shame on you sir. Greg, This high lights more fake news and another attack on the second Ammendment.

My apologies for the length to all fellow Warchdogs. REBUTTAL: Washington Post On Suppressors Posted 3 days ago in Daily News, News, NFA / Suppressors / Class III by Pete with 184 Comments Washington Post Robert J. Spitzer, author of Guns Across America, penned an opinion piece about silencers in the Washington Post this week. Like much of what we are accustomed to reading about firearms in today’s media, Spitzer is disingenuous in his arguments against the Hearing Protection Act (HPA) – a bill that proposes suppressors be removed from the National Firearms Act (NFA) of 1934. He begins: Gunfire — loud, sharp, rude, abrupt — is an important safety feature of any firearm.

From potential victims who seek to escape a mass shooting to a hiker being alerted to the presence of a hunter in the woods, the sound warns bystanders of potentially lethal danger. Yet gun advocates insist there is a greater danger: hearing loss by gun owners. I am sure Spitzer is not the first gun control advocate to suggest that the report of a firearm is actually an “important safety feature”, however it is the first time I’ve heard it used in this context. A common misconception about silencers that has been repeated numerous times, is that a suppressed weapon can be used as a “silent killer”. Just two weeks prior, the author’s same publication addressed the Hollywood perception of silencers, confirming they are anything but silent. Follow the The Firearm Blog Suppressors Channel Proponents of the deregulation of silencers, such as myself, will repeat this one fact over and over: legally referred to as silencers, these devices do not silence a firearm.

In the majority of cases, additional hearing protection, such as ear plugs, must be worn even when a suppressor is used while shooting. So the author’s argument that silencers remove a “safety feature” (loud noises) from a discharged firearm is already crumbling. Honestly, for a professor, I’d expect at least some research followed by fact-based arguments. But don’t take my word for it, Knox Williams, President of the American Suppressor Association (ASA) introduced me to Dr.

Micheal Stewart, Director of Audiology at the Department of Communication Disorders at Central Michigan University. Stewart “Is it possible to damage a persons hearing when using muffs or plugs alone?” He writes: Yes, it is possible, especially if individuals are shooting numerous rounds of large caliber firearms with hearing protection devices (HPDs) that are not properly applied. For instance, the famous yellow plug has a high noise reduction rating (NRR), but it must be inserted properly. Also, it is not well suited for small, curvy ear canals so there is not a good acoustic seal and thus individual do not achieve the tabled attenuation values. In fact, NIOSH has de-rated formable plugs 50%, muffs 25%, and most other plugs 70%.

The real world attenuation values may be significantly lower than the attenuation values obtained in the laboratory. Additionally, our research at CMU has consistently found that most hunters do not wear HPDs during hunting activities and many target shooters do not wear HPDs on a consistent basis. He continues: As hearing conservationist, we are interested in the science regarding suppressors, not the politics. There is no doubt that suppressors (often incorrectly referred to as silencers) are effective in reducing auditory risk, however, HPDs should be used in conjunction with suppressors to further reduce risk. Depending on the type of firearm, caliber of firearm, and the acoustic environment, recreational firearm users may be able to wear HPDs with lower NRR values that still allow them to hear while protecting their hearing when shooting firearms equipped with suppressors.

‘Hearing Conservation, Not Politics’. Sounds familiar But there is a deeper concern with Spitzer’s Washington Post editorial, Spitzer makes claims regarding the HPA that need to be addressed. He writes: The NRA is renewing with gusto its misbegotten push, begun in the last Congress, to make gun silencers easier to acquire by swiping a page from the public health community’s long-standing efforts to warn of the dangers of firearms. The Hearing Protection Act, which would remove federal registration and identification requirements for those seeking gun silencers First off, suppressors will only be “easier to acquire” because of the disappearance of abnormally long wait times to possess silencers which are fueled by bureaucracy and not due to a lack of background checks. The HPA proposes that the purchase of silencers be treated the same as long arms, which means that prospective buyers will still need to undergo a background check and follow all state and federal firearms laws. Let’s not forget that sound suppressors are nothing more than hollow tubes – they can’t fire any ammunition on their own.

Which leads me to another point: basic firearm silencers can be constructed from materials found in two isles of a hardware store for less than $20. If would-be criminals were so inclined, in a few hours time they could fashion a firearm suppressor that performs on par with commercially manufactured suppressors. Of course, in the process they would be violating several federal laws, punishable with a minimum of ten years in prison. But everyone knows that criminals check to see which laws not to break, on their way to break several other laws. Since silencers don’t actually silence firearms and add up to a foot of length to any weapon, an overwhelming majority of criminals give no thought to attaching a muffler to their instruments of criminality. We are talking about statistically insignificant percentages of suppressors being used to commit crimes.

Go on, Professor, you were saying: Absent some kind of cataclysmic hearing-loss crisis by America’s tens of millions of gun owners, this political push should be recognized for what it is: an effort to provide an extremely small benefit to gun owners that willfully ignores what can happen to others once a bullet leaves a gun barrel. The lifesaving safety benefits of gun noise should weigh far more in the silencer debate.

Just ask anyone caught in the vicinity of a shooting. Since when do shooters “willfully ignore” what happens when a bullet leaves a barrel?

And yes, most suffer from some form of hearing loss; no it’s not an “extremely small benefit”. In a recent post by the ASA, they reference a 2011 report completed by the Centers For Disease Control (CDC) after a noise and lead analysis at a range in California. On page five the authors conclude: The only potentially effective noise control method to reduce students’ or instructors’ noise exposure from gunfire is through the use of noise suppressors that can be attached to the end of the gun barrel. However, some states do not permit civilians to use suppressors on firearms.

It’s journalism like this column in the Post, masked as news analysis, that makes much of America wary of what they read in papers today. The Washington Post touted your opinion piece as being written by an expert, and yet you willfully ignore facts, data and evidence to push an agenda. For shame, Professor.

A man with your educational background should understand that fact-based arguments outweigh emotional rhetoric. Almost every aspect of your opinion piece is invalid and rooted in common misconceptions. The HPA removes unnecessary barriers to lawful suppressor ownership through deregulation. Sure, they will no longer be listed on the NFA registry (a glorified national list of tubes), but each buyer must still pass the same background check used for every other gun purchased in the United States. And remember, silencers cannot fire a single bullet on their own. This is the part of the article where I am supposed to offer you the chance to come over and shoot a few suppressed firearms in an attempt to “win you over”. No thanks; after reading your borderline slanderous opinion piece, I’m certain there is no empirical evidence that will help you come to an informed decision.

Ironic that we are talking about silencers since it is pretty clear that you are stuck in your own echo chamber. Your interviews with John Williams, Rob Kirby, Bill Holter were instrumental in getting me up to speed on what I need to do, things that I would not know about otherwise. Some of the comments you get are what I get from family, neighbors, and friends. I think it is part fear, part denial. I tried to talk to my oldest brother who wants to move 15 miles north of the Mexican border below San Diego.

I only made him laugh. In his case, he is just too sheltered in his present situation to believe the things I said to him. He countered with the fact that the home he had in mind was up on a hill with security gates.

At that point I laughed. A lot of people just don’t get it and don’t want to. My brother is in a different bracket than me, ran the family business, never had to knock on doors, never had the wolf at the door.

He thinks Trump alone can resurrect the country. I think we are just one lone wolf away from the brink. Trump fires Obama-appointed AG. He also needs to go after Clinton and Soros to restore order to this country. If he blinks they will bury him literally. His SCOTUS pick on the other hand will receive more arrows than Justice Thomas.

A lot of those arrowheads will be supplied by the Republicans who did everything but shine shoes for Sotomayor and Kagan. This candidate will first receive a rectal, followed by a colonoscopy, then will be threaded with 100-foot garden hose just for starters, looking for the slightest clue of impropriety.

McCain will be playing his usual Marlon Brando in the “Apocalypse.” Schumer will staff the Kleenex concession. Graham will provide the smelling salts. To think Scalia was offed without gain just to have a younger conservative take his place. As Brando would say: “The horror, the horror.”. Whether people wan to accept it or not, the dollar is being systematically replaced by the Yuan globally.

Even in the Gulf states. The kicker will be when the Saudi’s ask for gold in exchange for oil. The Chinese can deliver. Our petrodollar contract with them essentially ended when the S.S.

Roosevelt carrier group left the gulf waters back in November. Once that happened the BRICS nations once again filled the void left by a retracting U.S. In reality the Key Stone Pipeline is more about covering our oil reserves than creating jobs. President Trump knows that the other shoe is about to drop from his sources in Dubai. I just mailed a postcard to GOD On the postcard I wrote the following statements to GOD. GOD WHY DID YOU NOT ALLOW ME TO BE BORN WITH A LOW IQ???? Yes GOD I mean as dumb as the TOAD.

As A TOAD GOD my life would be so much simpler. I then went on to explain the following to GOD.

Had he allowed me to be born just a little less intelligent than I am presently, I likely would not have become interested in History. I would not likely have become interested in Monetary matters.

I likely would have become interested in sports and would own a 62 inch TV and a Recliner with a built in Beer Cooler. My nickname would have likely not become MIKE but more likely something like Bud or Boomer. My favourite saying would likely have been “Hey Joe pass me a BUD light out of the cooler.” Oh HOW MY LIFE WOULD BE SO MUCH SIMPLER if my biggest worry was the status of the number of beers in the fridge. To all you Football fans please accept my apology for speaking in such a manner. How my life with less logic would be so much easier and how my caring for the people around me would be more simple if my greatest concern was the status of my beer inventory. Loss in the clutter of a not so simple mind. Mike aka BOOMER.lol. The T Pain Effect Authorization Keygen Software.

Reading comments all over the different social media platforms from citizens who support the globalist anti Trump point of views. I am fining that there is nothing I can say or do to help anyone see truth. They will never agree with ANYTHING Trump says or does. They will always tie it to Hitler. Trump drank a glass of water.

He didn’t Hitler also drink a glass of water. The left will collectively I do believe the globalist are in a panic mode and making fools of themselves. Everything from their support of women wearing vagina hats to hating Trump for a 90 day ban. The same type of ban other Presidents have done from Carter to Obama. I do believe it is time perhaps for me to step back and just watch the collapse of the democrats rather than trying to talk to them on social media. Perhaps when the dust clears and they are no longer “beside” themselves i can join in meaningful discussions..

If God is for us who can be against us. So you think it was foolish for people to protest an instantaneous, full-on ban of peopke just as they were getting off of airplanes in US airports with valid visas and all the appropriate paperwork – simply because they were Muslim? To be handcuffed and detained for hours upon hours for only one reason – their choice of religion? To be made to buy return tickets (if the ban had been upheld) at “day of flight ” prices, when most were already not-rich?

Thoughtless, heartless and downright BRUTAL move by Trump, Bannon and Preibus. Of course Americans had to stand up and yell. Why didn’t you?!?! After the past few days, the action in gold, the USD, the markets, the foreign country’s comments on trade, and their responses to Trumpism, etc. I think John Williams might be onto something. They’re (the FED and Trump) are going to have to really KILL the dollar, and do so fast, and cannot afford to do any more rate increases. China, Germany, Mexico, and so on, they are all OUT FOR BLOOD.

They are trying to do everything possible to keep de-valuing, so we really need to do the same thing, or our companies are going to get slaughtered in the trade wars, and our deficits are going to go way up even higher. The dollar is too strong, or rather the other currencies are artificially just too damn weak and depreciated. These trading countries have been absolutely treating us like total CHUMPS.

Yes its a currency war, trade war, whatever, and at least Trump and his henchman Navarro get that we have been getting smoked. Or rather, our middle class is getting smoked, both by these other countries AND our very own corporations. Think about how silly this is. Hi Boomer.can I trade one of your 1 oz gold coins for this stack of paper. This stack of paper I know has no intrinsic value but these will be collector items someday. Think about it for years people all over the world would sell their souls to get these paper forms of currency. Today’s rate is 1209 paper dollars for that one oz of goldwhat a deal1209 pieces of paper for 1 oz of gold remember when the paper came out as a method of convenience???

Having those gold and silver coins in your pockets made no sense. Paper was the deal.weighted less and more convenient. Yes I know that now 1209 pieces of paper weights more than that 1 oz of gold. But it is ok Boomerif you do not want 1209 pieces of paper I can just put some numbers into a computer for youIs that not the most convenient thing???lol digits in your computer is so much easier than oz of gold and silver. I want to say thanks so much for being who you are Greg and for being on the forefront of change as a torch bearer of truth, as well as being open minded and most of all for being a truth seeker, which is reflected in the characters you interview, many of whom I count as guru’s of the new world that is developing before our eyes. So many comments, but I can only tell a younger generation that the State of the United States of American is descending into a tyranny of corporate exploitation and thievery of the populations lawful possessions.

It can and will end in only one possible way, which is why the Pentagon is planning to rule over your kids tomorrow with the tanks and armored vehicles that are being built today. The American ruling class plans for future war. (* Against your kids) Military Contingencies in Megacities and Sub-Megacities Authored by Dr.

Phil Williams, Mr. Werner Selle. Cfm?pubID=1328 To say that the economy is not collapsing is to pretend that we here have allowed our laws and our elect to become so corrupted that what we have today is at least as bad any other corrupted nation on earth. We are headed towards a society which mirrors that of Brazil; a nation right now in anarchy and random lawlessness so brazen as to be compared to the film “The Purge.” There’s a reason that gun sales have been setting record numbers and it isn’t about the unlawful acts of high treason committed by self proclaimed law makers violation’s of the Bills of Rights, it’s about a sense of what could happen here is the same as is now happening round the world in other locations: Somehow many people sense the danger.

We have an un-sound policy of monetary creation from a vacuum state. This policy is a threat to every living being on the planet. It enables the complete manipulation by any inventive process imagined and is, by definition, a cunning criminal design to exploit human beings on a global scale. This should be obvious to anyone who has lived the last 40 years and to see what has taken place. Greg is the producer and creator of Greg Hunter’s USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin.

USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years.

Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.