Donald’s Economy: Where It Is Now And Where It Is Heading, Part 2

By Marilyn M. Barnewall

According to justfacts.com, the U.S. Treasury’s official figure for federal government debt as of June 25, 2020 is $26,301,202,679,011 – or $26.3 trillion. 

Every person in the United States is on the hook for $79,767 (for every household, the amount owed is $204,553). 

Our debt is 122.1% greater than gross domestic product (GDP).  We hear that term a lot.  What is GDP?

GDP = Consumption (private expenditures by households and non-profit organizations) + Government (total government costs including salaries to employees, military, schools, airports, roads, etc.) + Investment (a country’s investments spent on capital equipment, inventories, and housing) + Net Exports (total exports less total imports).  So, if you’re mathematical by nature, the formula is GDP = C + G + I + NX.

The June 25^th 122.1 percent debt to GDP sets a new high.

To give you a comparative as to how quickly the national debt is increasing because of Chinese flu and flawed policies put in place to contain it, at the end of January 2020, our national debt was $17.2 trillion.  On May 22, 2020, the national debt reached $25,746.3 or 118.5% of the nation’s annual economic output (GDP).  That breaks a record set in 1946 for the highest debt in the 230+ year history of the United States.

The previous record of 118.4% stemmed from World War II, the deadliest and most widespread conflict in world history. By the end of May 2020, the debt had risen to 118.5% of debt to GDP, and the June 122.1% quickly broke the May 2020 record.  Thus, anyone who thinks when China declared an economic war based on debt is just a passing problem take a step back so you can see just how serious this problem really is.

On an inflation adjusted basis, by year end the government will spend more fighting COVID-19 than it spent on World War I, World War II, The Korean War, The Vietnam War, The Gulf War, The Iraq War, and the War in Afghanistan combined.

I started my last article on the Trump economy, Part I, talking about the ridiculous reaction to the coronavirus.  The reason?  Dr. Anthony Fauci’s solution to the new flu:  Close down the economy by having healthy people self-imprison.

There is no way to discuss the economic trauma we face without talking about the cost to the American people of phony impeachment trials and false flag over-reactions to a new flu virus.  Both, I believe, were designed to tear down the Trump economy and ruin his chances for re-election. 

But it goes deeper than the U.S. Presidential election in November.  War has been declared by Marxists against those whose greatest life need is the freedom to control our own destinies.  That includes the three founders of Black Lives Matter who openly admit their Marxist backgrounds.  It is the Chinese communists who finance BLM.

Here’s a brief list of the costs we are and will continue suffering as a result of China’s irresponsible behavior regarding the Wuhan flu:

• ·                More than $6 trillion will be added to the national debt;
• ·                16.5% unemployment at the end of May, (up from 3.5% pre-Covid);
• ·                60 million people on food stamps;
• ·                Ruined the tourism industry;
• ·                Bankrupted the service industry;
• ·                50 million workers may or may not have jobs to which they can return;
• ·                Broke the international supply line into pieces;
• ·                Responsible for a pending meat/protein shortage;
• ·                Decided churches are non-essential but liquor stores and pot shops are;
• ·                Suicide rate increased so much it caused more deaths than COVID-19;
• ·                Violated constitutional rights in numerous situations (including state shut-downs            by Governors);
• ·                Schools and colleges shut down and graduations postponed;
• ·                Surgeries and serious disease treatments (including cancer) suspended;
• ·                Unlawfully forced self-imprisonment of millions of healthy Americans.

We have not yet begun to feel the impact of the nation’s shutdown recommended by Dr. Fauci who was supposed to be qualified to advise the President but obviously was not.  He hasn’t seen a patient in over 20 years and he obviously knows nothing about economics… but Bill Gates (whom Fauci  also serves) does.

We have learned a valuable thing.  When a conservative non-Deep State President is elected, get rid of all of the bureaucrats who run federal offices and replace them with your own people.

We are in process of learning the most valuable lesson to come from this mess:  We need a new “new” and should not return to the old, comfortable way we were living.  Why?  Because its shortcomings made our current problems possible.  The leftists think the new “new” should be socialism; those of us who love freedom do not and we need to carefully define a new “new” that will lead us to peace and prosperity rather than total corruption.

So where do we go from here?

In my opinion, the economy was not as strong in the summer and fall of 2019 as the surging stock market and job increases made it appear.  The Federal Reserve has refused to admit it is doing another round of Wall Street quantitative easing similar to the 2007-09 crisis, but it certainly appears they are. 

Why did I think something was and is wrong?

On September 19, 2019, the Fed began a program of overnight lending in an attempt to put needed liquidity into the banking system.  By January 2020, the Fed had made almost as much money available to Wall Street as they did in the entire 2007-2009 economic crisis.

I do not believe the weakness has anything to do with the economy President Trump is building.  The primary evidence of that is the new jobs the Trump administration is creating.  Rather, it appears the weakness results from a mafia-like administration of the financial services industry.

Since the last financial crisis, banks have been fined $243 billion for everything from misleading investors relative to mortgage-based derivatives,  to opening credit cards in customers’ names with no permission or request from the customers, to manipulating the precious metals markets – and more.   At least one bank (not on the following list) has money laundering problems.

BANK                                                 FINES (IN BILLIONS)

Bank of America                                             $76.1

JP Morgan/Chase                                            $43,7

Citigroup                                                         $19

Deutsche Bank                                                $14

Wells Fargo                                                     $11.8

Royal Bank of Scotland                                  $10.1

BNP Paribas                                                   $  9.3

Credit Suisse                                                   $ 9.1

Morgan Stanley                                               $ 8.6

Goldman Sachs                                               $ 7.7

Unions Bank of Switzerland                           $ 6.5

So if the banks make $500 billion on their unlawful behavior and have to give $243 billion of it back to the government – and that is where it goes:  to the government – their unlawful behavior is very profitable.  Is that why the House Financial Services Committee and the Senate Banking Committee ignore violations of the law and give these banks free rein to go back and do more damage?

Too, the fines can be paid in rather strange ways.  For example, banks participate in debt restructuring and get credit for it against what they have been fined.  Goldman Sachs forgave a $1.8 billion loan involving affordable housing as payment for part of its fine.  Consumers who suffer losses because of crooked banks get nothing (as usual).  Remember all of the unlawful foreclosures during the 2007-09 mortgage-backed derivatives fiasco?  Homeowners got little or nothing back after having been abused by both banks and government.

Who gets the hard cash from payments of these fines?  Almost all of it goes to federal and state governments.

When Adam Smith wrote Wealth of Nations, he did not have in mind a giant stock market as a source of capital to fund multi-national companies.  It is the Smith concept of free enterprise on which capitalism is based.

The federal government has no idea of how banks should function regarding the financing of small, independent business.  The fact that the Small Business Administration does not know how to make business purpose loans to independent business owners who have sufficient personal cash flow uninvolved with the business to repay the loan and must use personal rather than business assets as collateral is clear evidence that the SBA does not support small, independent businesses.  Most banks do not know how to make such loans either.  Yet, properly managed, it is one of the most profitable lending areas in the banking industry.

This is important because about 70 percent of employed people work for independent businesses, not Fortune 500 companies.  To regain a strong economy that is not totally reliant on multi-nationals (who want one world government), financial assistance from government needs to be directed at the independents who are not on Wall Street.  Companies that get their capital from the stock market have manipulated stock prices and the moment they are big enough they think China is the best place to employ people because labor is cheaper.

For example, if I were Donald Trump, I would be helping pharmacists who know how to mix drugs to start their own small laboratories in cities, large and small around the country, rather than depending on the Chinese for 97 percent of the medications we need.  The reason it was possible for China to so successfully attack the American economy via the flu for which there was no known treatment is because China knows our weakness when it comes to America providing its own medicines.

To make and keep America great, we need to be able to function in all key areas, not just militarily. 

At this point in time, the Donald economy is not moving efficiently in this direction.  President Trump needs to pay more attention to independent business growth and less attention to those companies large enough to be listed on Wall Street.

We all need to pay more attention to our local governments... whether it is city council or county commissioner or school board meetings.  We need to pay more attention to who we elect as our County Sheriffs.

With citizenship comes responsibility.  Have you been fulfilling yours?  It is very difficult -- but it is the only way to have the peace that comes with responsible freedom.

Donald’s Economy: Where It Is Now And Where It Is Heading

June 14th, 2020

Marilyn Barnewall

Maybe you, like me, have wondered why so many things have happened so quickly since we drank a toast to the New Year on January 1, 2020.  

First a plan-demic named COVID-19 became 24-hours a day news for months.  It is a coronavirus…. As is SARS.  Both attack the respiratory system (which is what the RS stands for in SARS). 

The medical experts on whom the President had to rely immediately showed either their lack of expertise or their political leanings and provided numerous wrong answers to the questions arising from the too-much-news coverage.  

It didn’t take long for the President to figure out what was going on and on the day Trump  said “hydroxychloroquine” and Dr. Fauci said “Oh, no… untrustworthy drug” and the rest of the medical community disagreed with Fauci, that story began its downhill slide.  

Why the news onslaught? “The better to scare you,” as the fox might have told Little Red Riding Hood.  Even hypochondriacs who are always looking for a reason to be sick began to disbelieve the story.  

Just as the plandemic arrived on the scene at the very moment the impeachment nonsense was discovered to be nonsense, they needed something else to scare people.  The only way to keep the public in a state of confusion is to keep stirring up a state of chaos.  It is the only way to keep your attention diverted.  And when you start a war based on psyops, chaos is primary.  And we are at war.

The coronavirus is real rather than a false flag as some would have you believe.  It is a tool – a very dangerous tool — being used by those whose basic political philosophy is that you never let a good crisis go to waste.  To frighten people, it was promoted far beyond its potential.  What they proved is that they can scare you into self-imprisonment.  They proved they can scare churches into placing unlawful orders from government involving the church above orders from God.  They now know many, many Americans prefer security to freedom.  Dangerous stuff.

As of June 10th, in the USA there have been 1,999,552 confirmed cases and 112,895 deaths from the virus.  We have all heard about physicians being pressured to list COVID-19 as the cause of death if tests indicated they might be infected but died of a stroke or a heart attack.  Thus we cannot have great confidence in the numbers being quoted…or in anything else for that matter.

According to worldometers.info, from January 1, 2020 through March 25, 2020, people around the world died in the following ways:

    Cause of Death                   Number of Deaths

Coronavirus                                21,090

Seasonal flu                                113,000

Malaria                                       228,000

Suicide                                        249,000

Traffic fatalities                         313,000 

Alcohol related                           581,000

Smoking related                       1,162,000

Cancer                                     1,909,000

Starvation                                2,382,000

Abortion                                 9,900,000

I repeat:  These are deaths that occurred for less than three months – 1/1/2020 – 3/25/2020.  Rush Limbaugh gathered the numbers and broadcast them on his radio show.  

The needed a new diversion.  Fear of death by coronavirus was being reduced to the same level as fear of death by the annual flu… and for good reason.  The risk is about the same.  “Okay,” they said, “we’ve got them frightened enough to self-imprison themselves and their families… we can’t let this go to waste.”

The death of a drug addict in Minneapolis, George Floyd,  a black man who had spent a lot of time in prison, provided the new narrative.  Should a man die because a police officer abused his power?  No, of course not.  Neither should he have several different kinds of drugs in his system while trying to pass a forged bill as the real thing if he wants to stay out of trouble.  The entire thing is sad but it has nothing to do with rampant racism in America.  In fact, it goes beyond sad to tragic.

Floyd’s death occurred when people had been imprisoned in their homes and apartments for three months.  They were frustrated and looking for any reason to burst free of lock-up.  It was the way Floyd was killed that caused the reaction to his death.  Protests, it was obvious, were planned far ahead of time, and they turned into riots that set America on fire.

Television talking heads and writers for print publications (I refuse to call them “media” or “news”) – even movie stars and giant corporations like Amazon — hastily sympathized with the scammers and rioters who are destroying America.  The rioters became the new force to be feared.  Senator Mitt Romney walked down the street in support of them.

You’ll notice that it isn’t happening in cities or states run by Republicans.  Democrat governors certainly have not dealt with the violence – and why should they?  They need to get the black vote for Biden – and they will fail.  Black people are far more shrewd than those trying to scam them as the following linked video proves.

A young black man expressed his thoughts about Black Lives Matter far better than I can and so please watch and listen to him explain why Antifa and Black Lives Matter scams are just that:  Scams.  He is so cogent and logical and factual.  He gets it.

How do I know all of this was planned?  When you have bricks to be thrown through the windows of small and large businesses (many of which are owned by black people) stacked and awaiting the hands of paid rioters in just the right location, it doesn’t take imagination to figure it out.

This article is about the economy of America, not the political shenanigans of liberal progressives who believe the average American is too dumb to run his or her own life and requires government – which seldom does anything well  — to run their lives for them.

There is, unfortunately, no way to talk about the economy without involving these two well-marketed over-sells.  These attacks have been designed to destroy Donald Trump’s greatest strength:  The American economy.  I believe this is the Democrat plan and I can’t jump into a story about the economy without first mentioning the multiple attacks on our Republic.

These are very likely cover ups which I believe are being used to divert your attention to changes being planned and implemented to our economy – possibly even to our currency.  If we the people knew about them the Floyd riots would look tame by comparison to the violence that would occur if the truth comes out.  It brings to mind questions like:  Why has the Federal Reserve put more money into Wall Street between September 2019 and February 2020 than it did during the entire 2007-09 financial crisis?  Is Mitt Romney supporting Soros-paid rioters to keep his business with Bain quiet?  Lots of questions.

The economic problems have been around for many years… but the agonizing end of the Rothschild central banking system is at hand.  Greed can only have its way until it runs out of other people’s money.

Those who have promoted the mafia-like economic behavior in the United States are about to be exposed – at least they will be if the Deep State (which includes what I term the four M’s:  Money, Media, Medical, and Military) doesn’t find some other kind of crisis they won’t let go to waste.   So far, Donald Trump has managed to get all of the “checks.”  Let’s hope he’s able to carry this move to “checkmate.”

More about all of that in Part II.
© 2020 Marilyn Barnewall – All Rights Reserved
E-Mail Marilyn Barnewall: marilynmacg@juno.com