Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Kent State “Gun Girl” Wins First Round in Suit Against University

Tuesday, 20 November 2018 18:36
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This article appeared online at TheNewAmerican.com on Tuesday, November 20, 2018: 

Those hoping that Kaitlin Bennett would simply go away and leave the Kent State University campus when she graduated in May 2017 have been sorely disappointed. As The New American reported at the time:

The day after she graduated from Kent State, Kaitlin Bennett celebrated not only the event but her freedom from her school’s restrictions on her Second Amendment rights. She posted provocative photos — she was wearing a short white dress — on her Facebook page showing her carrying an AR-10 semiautomatic rifle and her graduation mortar board, which was inscribed with the words “Come and Take it!”

She explained:

Now that I graduated from Kent State, I can finally arm myself on campus. I should have been able to do so as a student — especially since four unarmed students were shot and killed by the government on this campus [in 1970].”

Not surprisingly, the combination of her pose, her posture, and her position caused her Facebook entry to go viral. On Tuesday [May 15, 2017] she added:

I have no apologies for my graduation photos. As a woman, I refuse to be a victim & the Second Amendment ensures that I don’t have to be.

After graduation, Bennett took a position with a local gun shop and continued her pro-gun activism. She has scuffled on social media with David Hogg, tweeting “I have a challenge for you. Let’s arm wrestle. If I win, we get to keep the 2nd Amendment. If you win, we turn in our guns. Deal?” When Hogg failed to respond she tweeted, “It’s alright guys, the 2nd Amendment is safe.”

But her high-profile activities have caught the attention of Fox and Friends, NRATV, and Alex Jones’ InfoWars, as well as protesters who have hounded her both on social media and in person. In July, Bennett tweeted:

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Fed Official Suggests Four More Interest Rate Hikes in 2019

Monday, 19 November 2018 13:36
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This article appeared online at TheNewAmerican.com on Monday, November 19, 2018:  

As far as one can tell, Charles Evans, the president of the Chicago Federal Reserve Bank who also sits on the Fed’s policymaking body the FOMC (Federal Open Market Committee), never in his life swung a hammer, put on a tool belt, or had to meet a payroll. But when it comes to interest rates and their impact on the housing market, he has an opinion: interest rates are too low and should go higher, perhaps much higher. And soon. He “penciled in” possibly four more interest rate hikes next year.

But he’s not really sure what that means.

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Social Security COLA for 2019 Is 2.8 Percent, or $40 a Month

Monday, 19 November 2018 11:02
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This article appeared online at TheNewAmerican.com on Monday, November 19, 2018: 

Starting in January, the 62 million Americans receiving Social Security will get a cost of living adjustment (COLA) in their benefit checks of about $40 a month. For three out of five of them, their check represents about half of their total monthly income.

For those waiting to cash in, more than half don’t have enough saved elsewhere to support a “decent” retirement, according to the Center for Retirement Research. More than 90 percent don’t have a pension plan at work and half of those who do, don’t participate. Translation: By the time they start receiving Social Security, four out of 10 will be living at or near the poverty level.

In other words, of the three legs of their retirement stool, two legs are missing and the third is getting weaker.

Trustees of Social Security just announced the dreaded “inflection point,” where they are starting to have to dip into the trust funds’ reserves to pay out the benefits. That’s due to a number of factors:

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The Federal Ponzi Scheme Hits Its “Inflection Point”

Monday, 19 November 2018 10:58
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This article was published by The McAlvany Intelligence Advisor on Monday, November 19, 2018: 

It wasn’t supposed to happen this way. After all, former Social Security commissioner Robert Ball called the scheme “social insurance” designed to help people

when earnings stop because one is too old to work or too disabled to work, or because the wage earner in the family dies, or because there is no job to be had, or when there are extraordinary expenses connected, say, with illness.

But it was a Ponzi scheme from the start, enforced by government mandate to keep people from leaving when they learned it was a scam after all. Those careful with words and their meanings knew it was a lie from the start: it was called FICA, the Federal Insurance Contributions Act, illicitly borrowing the credibility of insurance companies that didn’t go bankrupt in the Great Depression to cover up the fact it was never actuarially sound from the beginning.

The scheme is simple:

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The U.S. Treasury Just Issued a “Buy” Signal for Hard Money Investors

Friday, 16 November 2018 09:36
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This article was published by The McAlvany Intelligence Advisor on Friday, November 15, 2018:

This writer opined in this space [at The McAlvany Intelligence Advisor] on Wednesday that, due to certain technical and political indicators, this would be an opportune time for hard money advocates to open or add to their holdings of precious metals. That same day, the U.S. Treasury issued its own fundamental “buy” signal. In its monthly statement of receipts and outlays of the U.S. government, it noted that although receipts jumped more than seven percent in October, year-over-year, government spending rose a breathtaking 18 percent compared to October a year ago.

Buried in the various charts and graphs was this note:

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U.S. Government Ran $100 Billion Deficit in October

Friday, 16 November 2018 06:47
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This article appeared online at TheNewAmerican.com on Thursday, November 15, 2018: 

The U.S. Treasury’s monthly statement of income and expenditures should have been a cause for celebration: Total receipts of $253 billion (a quarter of a trillion dollars) in October were 7.6 percent ahead of last October’s receipts. This is the expected result of lowering tax rates and removing onerous regulations so that the economy could breathe again.

But the celebration never happened.

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Latest NFIB Report Confirms Robust Health of U.S. Economy

Wednesday, 14 November 2018 14:51
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This article appeared online at TheNewAmerican.com on Wednesday, November 14, 2018:  

Just when concerns over the future of the U.S. economy have reached fever pitch thanks to the recent volatility on Wall Street, along comes the National Federation of Independent Business (NFIB) to calm those concerns. Its October report, “Small Business Economic Trends”, was summed up thus:

Overall, small businesses continue to support the 3 percent plus growth of the economy and add significant numbers of new workers to the employment pool.

 

The percent of owners with one or more unfilled openings is at a 45 year record high level.

 

Employment is growing faster than the population (210,000 per month this year to date), so the gains in jobs are being “fueled” in part by increased labor force participation.

 

Consumer optimism is also running at near-record levels, supported by rising wages and plentiful job openings.

After reviewing the numbers in each category (from “plans to increase employment” to “earnings trends”), the authors of the study concluded: “Bottom line, the October report sets the stage for solid growth in the economy and in employment in the fourth quarter, while inflation and interest rates remain historically tame. Small businesses are moving the economy forward.”

Indeed they are. The NFIB boasts membership of 325,000 small business owners, reflective of the estimated 28 million small-to-medium-sized businesses in the United States with fewer than 500 employees. That’s compared to about 20,000 companies with 500 employees or more.

And they swing a big hammer.

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Another Opportunity to Purchase Gold and Silver?

Wednesday, 14 November 2018 14:44
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This article was published by The McAlvany Intelligence Advisor on Wednesday, November 14, 2018:

With gold closing at $1,202 an ounce and silver closing below $14 an ounce on Tuesday, safe haven hard money investors have the third opportunity in three years to take advantage of such prices.

In November 2015, gold bottomed at $1,081 an ounce; in December 2016 it found support at $1,169 an ounce, and on Tuesday it dropped $1.50 from Monday’s close to finish at exactly $1,202.

Three separate studies have shown the connection between monetary uncertainty and the behavior of precious metals prices. The first, completed by Jonathan Batten, Cetin Ciner and Brian Lucey, concluded that

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Dow Loses 800 Points in Two Days — a Forecast of Weakening Economy?

Wednesday, 14 November 2018 06:50
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This article appeared online at TheNewAmerican.com on Tuesday, November 13, 2018:

Monday’s selloff in stocks brought the Dow Jones Industrial Average (DJIA) down to 25,377, off more than five percent since early October. Other averages followed suit. Is this decline a harbinger of further declines to come and, more ominously, an end to the one of the strongest economic rebounds in U.S. history?

The president blames the Democrats. On Monday he tweeted that “the prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches.”

Those headaches are likely to be substantial, as far-left House Democrats take over powerful seats in the new Congress. Whether they gain traction is another matter entirely. Featuring such far-left anti-Trumpers as Nancy Pelosi, Maxine Waters, and Elijah Cummings, Democratic efforts could backfire in the 2020 reelection campaigns. Without an apparent legislative agenda, the Democrats will rely on loud and noisy opposition to the president’s policies, which are likely to tire voters two years from now.

The president is already in “retaliation” mode, warning last Wednesday that Democrat subpoenas, harassment, and charges will create a “warlike” atmosphere and that he might do some investigating of them in return.

But are those threats the primary cause of Wall Street’s troubles?

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OPEC: Do “Whatever it Takes” to Balance Oil Market

Tuesday, 13 November 2018 06:18
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This article appeared online at TheNewAmerican.com on Monday, November 12, 2018:

Following the emergency meeting attended over the weekend by members of the OPEC cartel and its non-members in Abu Dhabi, Saudi Arabia’s Energy Minister Khalid al-Falih said “We need to do whatever it takes to balance the oil market.” That goal is indicative of OPEC’s increasing nervousness that it is running out of options to counter increasing U.S. oil production. Last month, the EIA (Energy Information Administration) announced that the United States now leads the world in crude oil production, ahead of both Saudi Arabia and Russia.

For many years, the cartel was able to dictate oil policy and prices globally, bending the world oil markets to the cartel’s needs and purposes. Ten years ago,

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.
Copyright © 2018 Bob Adelmann