(End of the American Dream)—In all of human history, has there ever been a society more gluttonous than our own? We are addicted to sex, we are addicted to drugs, we are addicted to shopping, we are addicted to eating, we are addicted to entertainment, but our biggest addiction of all may be money. Even though we were handed the keys to the greatest economic machine the world has ever seen, it was never enough for us. We always had to have more, and so we have run up the largest single mountain of debt in the entire history of the planet. If you can believe it, on Monday the size of the U.S. national debt crossed the 33 trillion dollar mark for the very first time…
The U.S. national debt topped $33 trillion for the first time ever on Monday, crossing a critical milestone at a time when government spending is already under scrutiny.
The national debt – which measures what the U.S. owes its creditors — hit $33.04 trillion as of Monday afternoon, according to new data published by the Treasury Department. By comparison, just four decades ago, the national debt hovered around $907 billion.
I don’t know if I even have the words to describe how reckless our leaders have become.
It took from the founding of our nation all the way up to 1980 for the national debt to reach one trillion dollars.
But now we have added a trillion dollars to the national debt in just three months.
And thanks to rising interest rates, interest payments on our debt are projected to increase at an exponential rate in the years ahead…
In fact, interest payments on the national debt are projected to be the fastest-growing part of the federal budget over the next three decades, according to the CRFB.
Payments are expected to triple from nearly $475 billion in fiscal year 2022 to a stunning $1.4 trillion in 2032. By 2053, the interest payments are projected to surge to $5.4 trillion. To put that into perspective, that will be more than the U.S. spends on Social Security, Medicare, Medicaid and all other mandatory and discretionary spending programs.
Of course we are far from alone.
At this point, total global debt exceeds 300 trillion dollars…
GLOBAL debt hit a record US$307 trillion in the second quarter of the year despite rising interest rates curbing bank credit, with markets such as the US and Japan driving the rise, the Institute of International Finance (IIF) said on Tuesday (Sep 19).
The financial services trade group said in a report that global debt in US dollar terms had risen by US$10 trillion in the first half of 2023 and by US$100 trillion over the past decade.
It said the latest increase has lifted the global debt-to-GDP ratio for a second straight quarter to 336 per cent.
But we are by far the biggest offenders. And that is because we are extremely gluttonous “pig people” that simply do not care that we are literally destroying the future for our children and our grandchildren.
Sadly, the politicians that are racking up all of this debt are extremely gluttonous “pig people” too. Thanks to Majority Leader Chuck Schumer, members of the U.S. Senate will be allowed to dress any way that they want from this point forward…
Breaking news relevant to only 100 Americans: The U.S. Senate will no longer enforce its dress code for members.
Is this yet another sign of constitutional decadence, or is it a step into modernity for the fusty, antiquated chamber? Either way, it’s the best news ever for Sen. John Fetterman (D-Pa.), who would prefer to do business while looking like he’s on a Saturday-morning jog.
Do we really want our representatives in Washington to look like a bunch of slobs?
What kind of message is that going to send to the general population?
And what kind of message is that going to send to the rest of the world?
It is being reported that Chuck Schumer made this change specifically to accommodate John Fetterman, and in a recent opinion piece Maureen Callahan made it very clear what she thinks about that…
If we are to accept that everything is fine with Fetterman, then reasonable people can conclude that he simply doesn’t care.
We can assume that he is lazy, a slob, and is happy to present himself as someone who is not bringing 100 percent to the job. That he is a narcissist who thinks that a centuries-old dress code for members of Congress should not apply to him, that D.C. should lower its standards to meet his slovenliness, and laughably, as a source close to Fetterman once claimed, that ‘his relaxed, comfortable style is a sign that the senator is making a robust recovery.’
Sure. Nothing says you’ve beaten back depression by dressing as though you haven’t gotten off the couch for a week. Nothing says self-respect like showing up to the Hill in clothes you’d wear to scrub the tub. Most of us dress better for a coffee run.
I couldn’t have said it any better myself.
As a nation, we are also deeply addicted to drugs.
Today, more Americans than ever before are addicted to legal and/or illegal drugs. And more Americans than ever are dying from those addictions.
According to NPR, drug overdose deaths set a brand new record high last year…
Drug deaths nationwide hit a new record in 2022. 109,680 people died as the fentanyl crisis continued to deepen, according to preliminary data released by the Centers for Disease Control and Prevention.
Eight states saw drug deaths continue to surge by nine percent or more, with the greatest increases of 21 percent coming in Washington state and Wyoming.
Drug overdose deaths also set a brand new record high the year before that.
And the year before that.
You get the picture.
Our addiction to food is also killing many of us. In fact, we are being told that the number of Americans that die from heart disease each year with obesity as a factor has actually “tripled” since 1999…
The number of Americans who died of heart disease with obesity as a factor has *tripled* since 1999.
Obesity now affects 42% of all Americans, and 20% of children.
Of course we are even more addicted to sex than we are to food.
I am about to share something with you that absolutely floored me when I first heard about it. As I discussed yesterday, the Cathedral of Hope in Dallas recently celebrated a “Drag Sunday” during which the church publicly honored “the Sisters of Perpetual Indulgence”.
If you are not familiar with “”the Sisters of Perpetual Indulgence”, they are a group of drag queens that relentlessly mocks the Christian faith.
So I was quite shocked to see “the Sisters of Perpetual Indulgence” standing at the front of the church as the congregation of the Cathedral of Hope “recited a pledge dedicated to drag queens”…
Footage out of Dallas, Texas shows the moment a crowded LGBT-friendly church recited a pledge dedicated to drag queens standing at the front of the congregation.
The viral video shows attendees of the Cathedral of Hope publicly blessing the Sisters of Perpetual Indulgence, a drag queen group that was recently at the center of a controversy with the Los Angeles Dodgers baseball team.
The congregants read in unison, “We commit ourselves to be people of faith who stand for justice, proclaim love and defend the rights of all people. We recognize that all people are made in the loving image of God no matter who they are, how they dress, express themselves or who they love.”
I have never seen anything like this in my entire life.
That is supposed to be a church!
The “pledge” got even worse as it went on…
“We celebrate this divine diversity and commit to lifting up the voices of the LGBTQ+ community and creating spaces where everyone can thrive. Drag queens are often targets of hate and violence. But we know that they are often powerful and resilient people who show us what it means to be truly authentic and expressive,” the crowd echoed.
The pledge continued, “We honor their strength and pledge to be allies to the drag community, recognizing their full humanity and their incredible contributions to our world. We embrace radical inclusivity and work to dismantle systems of oppression. We will fight against all forms of hate, prejudice and intolerance and work to build a world that affirms and celebrates every person’s unique identity and gifts.”
YESTERDAY
TFP and Defend Our Kids Texas was on site during a Dallas church’s “drag Sunday” service.
Attendees recited this pledge ?@SaraGonzalesTX pic.twitter.com/46yFXJWaeg
— Texas Family Project (@FamilyProjectTX) September 18, 2023
What is next?
Are churches going to start reciting pledges to Satan during their worship services?
We can’t fall much farther than we have already fallen, and if we stay on the path that we are currently on there will be no future for our country. But most Americans don’t want to be bothered by any of this. Most Americans just want to continue to enjoy their addictions for as long as they possibly can.
Unfortunately for them, the clock is ticking and their seemingly endless party is about to come to a very abrupt conclusion.
Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.
Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
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Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
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How to Get Started with Bullion
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