The only other times in our history when stock prices have been this high relative to earnings, a horrifying stock market crash has always followed. Will things be different for us this time? We shall see, but without a doubt this is what a pre-crash market looks like. This current bubble has been based on irrational euphoria that has been fueled by relentless central bank intervention, but now global central banks are removing the artificial life support in unison. Meanwhile, the real economy continues to stumble along very unevenly. This is the longest that the U.S. has ever gone without a year in which the economy grew by at least 3 percent, and many believe that the next recession is very close. Stock prices cannot stay completely disconnected from economic reality forever, and once the bubble bursts the pain is going to be unlike anything that we have ever seen before.
People better start waking up and paying attention to what is happening in the Middle East, because the situation is becoming quite serious. If things go badly, we could be facing a major regional war which would involve not only Saudi Arabia and Iran, but also potentially the United States and Israel. Yesterday, I quoted an article in the New York Times that warned that tensions between the Saudis and the Iranians were raising “the threat of a direct military clash between the two regional heavyweights”. And now Jake Novak of CNBC is saying that a “direct conflict between Saudi Arabia and Iran, as opposed to the proxy war they’re fighting in Yemen, looks inevitable.”
Is a major war in the Middle East looming on the horizon? Most of us living in the western world simply do not realize how much Saudi Arabia and Iran truly hate one another. Saudi Arabia is the global center for Sunni Islam, and Iran is the global center for Shia Islam, and the two major sects of Islam have a history of bad blood that literally goes back for over a thousand years. The Saudis and the Iranians are already engaged in “proxy wars” in Syria and in Yemen, and now a missile that was fired at Riyadh’s international airport threatens to turn the conflict between the two regional powers into a hot war.
Once we wake up to how the game is being played, then we will have a real shot at changing things. For decades, the elite have been pulling the strings behind the scenes in both major political parties. That is why nothing has ever seemed to change very much no matter which party has been in power. The agenda of the elite has always seemed to march forward, and ordinary people like us have always been frustrated that we can’t seem to make a difference. But now a shift seems to be taking place. Donald Trump took on the establishment in both major parties, and he miraculously won the presidency. Down in Alabama, the elite spent more than 30 million dollars to defeat Roy Moore, and he still defeated Luther Strange. A political awakening is taking place, and I can’t wait to see what happens during the mid-term elections in 2018.
One thing that almost everyone can agree upon is that our system of public education is broken. We spend far more money on public education than anyone else in the world, and yet the results are depressing to say the least. Considering how much we are putting into education, we should be producing the best students on the entire planet, but it just isn’t happening. Personally, I attended public schools from kindergarten all the way up through law school, and the quality of education that I received was extremely poor. Even on the collegiate level, most of the courses were so “dumbed down” that even the family dog could have passed them. And of course millions of other people all over the country would say the same sorts of things about their own educations. Many refer to what is happening to our society as “the dumbing down of America”, and if we don’t get things fixed the United States is on course to become a second class nation.
Many were anticipating that #ComeyDay would be the most monumental congressional hearing in decades, but the truth is that it turned out to be quite a dud. During two and a half hours of testimony in front of the Senate Intelligence Committee, former FBI Director James Comey didn’t tell us anything that we don’t already know. Of course liberal news outlets such as CNN are breathlessly proclaiming that we are now “in Nixon territory”, but that isn’t accurate at all. There is absolutely no evidence that President Trump committed any crime, and there is absolutely nothing that warrants impeachment.
The Bilderberg Group conference is being held less than 30 miles from the White House, and the number one subject on the official agenda this year is Donald Trump. The three day summit began on Thursday, and the Westfields Marriot in Chantilly, Virginia has essentially been transformed into an armed fortress in order to protect the 131 dignitaries that are attending. But unlike other gatherings of world leaders, the mainstream media won’t be telling us what is going on inside because reporters are banned.
The left just can’t seem to understand that Islamic terrorists are going to try to destroy our way of life no matter how nice we are to them. On Monday night, a bombing at Ariana Grande’s Manchester concert made headlines all over the globe. 22 people, including an 8-year-old girl, were killed and 59 were wounded. It is exactly the sort of “soft target” attack that I have been warning about, and ISIS quickly claimed responsibility. Within the last 30 days, there have been 169 Islamic terror attacks in a total of 24 different countries. Last year, the number of global terror attacks was up 25 percent from the year before, and this year we will almost certainly see another all-time record high. But many liberals never even want to use the phrase “Islamic terror” because it doesn’t fit their agenda.
Did you know that the number of murders increased by almost 60 percent in the city of Chicago last year? And as you will see below, this year gang violence in the Windy City has risen to a new level of viciousness. A staggering 9.5 million people live in the Chicago metropolitan area, and it was once known primarily for great pizza, bitter cold and some of the best sports fans on the entire planet. But now the number one thing that comes to mind for many when they think about the city of Chicago is gang violence. As it becomes clear that things are not going to turn around any time soon, thousands of residents are leaving the city for safer areas of the nation. In fact, Cook County lost more people than any other county in America last year by a very wide margin.
Have we lost sight of who we are supposed to be? In December 2014, Kimberli Lira’s husband was diagnosed with cancer. Melchor fought against the cancer as hard as he could for more than two years, but on February 14th, 2017 he passed away. Now Kimberli is struggling to adjust to her new life as a widow with two very young children. On her blog entitled “A Young Widow’s Story” she shares her battles with grief and pain with the world, and one of her recent posts really struck a chord with me. Way too often today churches seem to be much more concerned about keeping up with the latest trends than with bringing in the presence of Jesus. The following is an excerpt from “Why the church doesn’t need anymore coffee bars“…