Did Clinton and Her Cronies Destroy Email Server Evidence?

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House Oversight and Government Reform Chairman Rep. Jason Chaffetz, R-Utah (C, 78%), has requested an investigation into new evidence that suggests Democratic presidential candidate Hillary Clinton or her employees obstructed justice by destroying evidence related to Clinton’s private email server.

In a letter to Judge Channing D. Phillips, U.S. Attorney for the District of Columbia, Chaffetz described how the FBI’s files “reveal evidence that an engineer at Platte River Networks, the company responsible for maintaining the Secretary’s third personal email server, deleted Secretary Clinton’s email archives in March of 2015, despite knowing they were subject to preservation orders and a congressional subpoena.” Further, information from those files “raises questions about Secretary Clinton’s involvement.”

Chaffetz called for an investigation to determine if Clinton or her employees/contractors “violated statutes that prohibit destruction of records, obstruction of congressional inquiries, and concealment or cover up of evidence material to a congressional investigation.”

Additionally, Chaffetz sent a letter to Platte River Networks, requesting information related to potential evidence destruction.

“In brief, the summaries of the FBI’s interviews with a PRN engineer show that within days of a conference call with Secretary Clinton’s lawyers, the engineer deleted archives of Secretary Clinton’s emails, despite knowing those records were covered by preservation orders and a subpoena from Congress.

[…]

The sequence of events leading up to the destruction of Secretary Clinton’s emails… raises questions about whether Secretary Clinton, acting through her attorneys, instructed PRN to destroy records relevant to the then-ongoing congressional investigations.”

House Republicans have also requested that U.S. Attorney General Loretta Lynch investigate Clinton for perjury, citing discrepancies between Clinton’s sworn testimony before Congress in 2015 and the conclusions reached by the FBI’s investigation into Clinton’s private server released in July.

Further, a recent FBI report indicated that Clinton used 13 different Blackberry devices and had State Department employees smash some with hammers, which isn’t suspicious in the least.

These allegations against Clinton follow what was an objectively terrible week for the Clinton campaign. With Republican candidate for president Donald Trump gaining a small lead in the latest CNN/ORC poll as of Tuesday, could Hillary Clinton’s corruption finally be catching up to her? (For more from the author of “Did Clinton and Her Cronies Destroy Email Server Evidence?” please click HERE)

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The One Trillion Dollar Consumer Auto Loan Bubble Is Perilously Close to Bursting

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Do you remember the subprime mortgage meltdown from the last financial crisis? Well, this time around we are facing a subprime auto loan meltdown. In recent years, auto lenders have become more and more aggressive, and they have been increasingly willing to lend money to people that should not be borrowing money to buy a new vehicle under any circumstances. Just like with subprime mortgages, this strategy seemed to pay off at first, but now economic reality is beginning to be felt in a major way. Delinquency rates are up by double digit percentages, and major auto lenders are bracing for hundreds of millions of dollars of losses. We are a nation that is absolutely drowning in debt, and we are most definitely going to reap what we have sown.

The size of this market is larger than you may imagine. Earlier this year, the auto loan bubble surpassed the one trillion dollar mark for the first time ever…

Americans are borrowing more than ever for new and used vehicles, and 30- and 60-day delinquency rates rose in the second quarter, according to the automotive arm of one of the nation’s largest credit bureaus.

The total balance of all outstanding auto loans reached $1.027 trillion between April 1 and June 30, the second consecutive quarter that it surpassed the $1-trillion mark, reports Experian Automotive.

The average size of an auto loan is also at a record high. At $29,880, it is now just a shade under $30,000.

In order to try to help people afford the payments, auto lenders are now stretching loans out for six or even seven years. At this point it is almost like getting a mortgage.
But even with those stretched out loans, the average monthly auto loan payment is now up to a record 499 dollars.

That is the average loan size. To me, this is absolutely infuriating, because only a very small percentage of wealthy Americans are able to afford a $499 monthly payment on a single vehicle.

Many middle class American families are only bringing in three or four thousand dollars a month (before taxes). How in the world do they think that they can afford a five hundred dollar monthly auto loan payment on just one vehicle?

Just like with subprime mortgages, people are being taken advantage of severely, and the end result is going to be catastrophic for the U.S. financial system.

Already, auto loan delinquencies are rising to very frightening levels. In July, 60 day subprime loan delinquencies were up 13 percent on a month-over-month basis and were up 17 percent compared to the same month last year.

Prime delinquencies were up 12 percent on a month-over-month basis and were up 21 percent compared to the same month last year.

We have a huge crisis on our hands, and major auto lenders are setting aside massive amounts of cash in order to try to cover these losses. The following comes from USA Today…

In a quarterly filing with the Securities and Exchange Commission, Ford reported in the first half of this year it allowed $449 million for credit losses, a 34% increase from the first half of 2015.

General Motors reported in a similar filing that it set aside $864 million for credit losses in that same period of 2016, up 14% from a year earlier.

Meanwhile, other big corporations are also alarmed about the economic health of average U.S. consumers. Just check out what Dollar General CEO Todd Vasos had to say about this just the other day…

I know that when we look at globally the overall U.S. population, it seems like things are getting better. But when you really start breaking it down and you look at that core consumer that we serve on the lower economic scale that’s out there, that demographic, things have not gotten any better for her, and arguably, they’re worse. And they’re worse, because rents are accelerating, healthcare is accelerating on her at a very, very rapid clip.

The stock market may seem to be saying that everything is fine (for the moment), but the hard economic numbers are telling a completely different story. What we are experiencing right now looks so similar to 2008, and this includes big institutions just dropping dead seemingly out of the blue. On Tuesday, we learned that ITT Technical Institute is immediately shutting down and permanently closing all locations. This is from a Los Angeles Times report…

The company that operates the for-profit chain, one of the country’s largest, announced that it was permanently closing all its campuses nationwide. It blamed the shutdown on the recent move by the U.S. Education Department to ban ITT from enrolling new students who use federal financial aid.

“Two quarters ago there were rumors about the school having problems, but they told us that anyone who was already a student would be allowed to finish,” said Wiggins, who works as the assistant manager for a family-run auto parts business and went to ITT to open new opportunities.

“Am I angry?” he said. “I’m like angry times 10 million.”

As a result of this shutdown, 35,000 students are suddenly left out in the cold and approximately 8,000 employees have lost their jobs.

This is what happens during a major economic downturn. Large institutions that may have been struggling under the surface for quite a while suddenly give up and drop a bomb on those that were depending on them. In the months ahead, there will be a lot more examples of this.

Already, some of the biggest corporate names in America have been laying off thousands of workers in 2016. Mass layoffs are usually an early warning sign that big trouble is ahead, so keep a close eye on those companies.

The pace of the economic decline has been a bit slower than many (including myself) originally anticipated, but without a doubt it has continued.

And it is undeniable that the stage is set for a crisis that will absolutely dwarf 2008. Our national debt has nearly doubled since the beginning of the last crisis, corporate debt has doubled, student loan debt has crossed the trillion dollar mark, auto loan debt has crossed the trillion dollar mark, and total household debt has crossed the 12 trillion dollar mark.

We are living in the greatest debt bubble in world history, and there are signs that this giant bubble is now starting to burst. And when it does, the pain is going to be greater than most people would dare to imagine. (For more from the author of “The One Trillion Dollar Consumer Auto Loan Bubble Is Perilously Close to Bursting” please click HERE)

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Mark Levin BLOWS up the Hillary Charade: Was She Sick, a Liar, or BOTH?!

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Brand new information came out Friday detailing Hillary Clinton’s alleged health problems, and no this is not conspiracy peddling.

Hillary Clinton reportedly told the FBI that a concussion followed by a blood clot prevented her from recalling all her State Department briefings. That sounds like a pretty serious concussion and perhaps a prevailing medical concern, notes Mark Levin.

“Either she had a problem, or she is a liar, or both!” exclaimed Levin on his radio program Friday.

Remember, the FBI is, of course, releasing all of this important information the Friday afternoon before a holiday weekend. Now why would they do that? Could it be that they want to dump the information while the media is asleep at the wheel? Nooooo, can’t be.

Responding to the report, Levin called on the Clinton campaign to release her medical records and answer for the 2,000 occasions that classified material passed through her private server.

Will they? We doubt it. But someone ought to be demanding it because the FBI and DOJ won’t. (For more from the author of “Mark Levin BLOWS up the Hillary Charade: Was She Sick, a Liar, or BOTH?!” please click HERE)

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Obama Defends Kaepernick

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President Obama defended Colin Kaepernick while answering questions from the press at the G20 summit meeting in Hangzhou, saying that the quarterback was “exercising his constitutional right.”

Kaepernick, who has created a firestorm of debate over his criticism of the national anthem, has said that he will continue his protest of sitting out the anthem at the start of games indefinitely. This weekend, 49ers coach Chip Kelly announced that Kaepernick would be the team’s backup quarterback.

“I don’t doubt his sincerity,” Obama said of Kaepernick, before going on to say generating conversation on the topic was positive.

The conversation Kapernick has generated — about race, patriotism, sports protest and violence by and against police — has not been received positively by all Americans.

Republican presidential nominee Donald Trump said one week ago that “maybe [Kaepernick] should find a country that works better for him” and angry fans have posted videos of themselves burning Kaepernick jerseys and other memorabilia on social media. (Read more from “Obama Defends Kaepernick” HERE)

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Barron’s: Federal Deficit Is Set ‘to Explode’

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Be warned: The steady stream of federal red ink is getting to be a deeper shade of crimson.

As increases in annual U.S. budget gap add to national debt, blunt prospects for economic growth, and bode badly for America’s financial future, Barron’s reports.

The Congressional Budget Office (CBO) recently revised its projections for the U.S. budget in a report that began with an alert that, in fiscal year 2016, the budget deficit will grow, relative to the economy, for the first time since 2009. In dollar terms, that’s about a $590 billion annual gap, $152 billion wider than last year’s.

“In short, the federal budget deficit is about to explode,” David Ader, a government-bond strategist at Greenwich Capital, RBS, and most recently, CRT, wrote for Barron’s.

The agency projected that the debt held by the public will rise 3 percentage points to 77 percent of U.S. gross domestic product by the end of fiscal year 2016 this month, the Washington Examiner reported. (Read more from “Barron’s: Federal Deficit Is Set ‘to Explode'” HERE)

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Obama Once Again Imagines He Will Save the World

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On his inauguration — perhaps apotheosis is a better word — President Obama said that the world would forever remember that “this was the moment when the rise of the oceans began to slow and our planet began to heal.”

Seven years later, adjusting or forgetting his earlier prophecy, Mr Obama declared in Beijing that his signing of the Paris Agreement on global warming would be known throughout history as “the moment we finally decided to save our planet.”

Either way, if he is right then President Obama will have done what no man has ever done before; he will stop the earth’s climate from changing. How mighty a feat would this be?

Joshua prayed that the sun would stand still. Something very like that will and must occur to stop the climate from changing, because it is the sun’s variability, and the ever-shifting of earth’s position in relation to the sun, which cause the vast bulk of changes in the atmosphere. Though mankind surely influences the climate, just as every species from aardvarks to zebra muscles also influence the climate, our contributions pale next to the powers of the sun.

Can the President’s Agreement command the sun?

Epictetus said, “Crows pick out the eyes of the dead, when the dead have no longer need of them; but flatterers mar the soul of the living, and her eyes they blind.” No man has been as saturated in flattery as President Obama, so it is easy to understand how the poor man could be fail to see to his limitations.

An Agreement or a Treaty?

His blindness might also explain why Mr. Obama declared that he had the power to “ratify” the Agreement as if the Agreement was a legally binding treaty.

Now the President has the power to make treaties, but they only become valid “provided two-thirds of the Senators” concur, or so says the once-important Constitution (we are not forgetting the beatings it has been given by such personages as Anthony Kennedy). Without this concurrence, which no one thinks will be forthcoming, no treaty can become legally binding. This was very fate of the similar Kyoto Protocol on global warming engineered by the Clinton Administration, which also knew it could not convince its Senate to concur. Incidentally, none of its prophecies of doom came to pass.

Yet since Obama must be the savior of the world and “combat” a changing climate, he would bypass the Senate and call the Paris treaty an “Executive Agreement” instead. The President has the power to make Executive Agreements — as long as these do not legally bind the country.

There is no reason to rehash the faulty science behind global warming upon which the Paris Agreement relies. Nor need we dwell on what the legal document would compel the United States to do, mainly because the interpretation of much of the Agreement is open and fluid. Instead we wonder what the Senate will do.

It could insist that the Agreement is a treaty because it legally requires the United States to act in a certain way, and thus pronounce it null. But this would require going on record, which is not likely because many who oppose Mr. Obama are afraid of being labeled “anti-science,” and nobody wants the fight in an election year. Besides, about half the Senate supports Mr Obama’s action.

What will probably happen is that the Senate will allow Mr. Obama’s definition. It has already been noted, for instance, the Agreement uses the word “should” instead of “shall” in delineating its many requirements. Lawyers wrote the Agreement, not scientists, and its “hidden code” is for lawyers to wrangle over.

Because the Senate is controlled (weakly) by those who oppose Mr. Obama, they might think they will be able to stem the reach of the Agreement, for instance by denying its programs money. But Mr. Obama will probably marry the Agreement to the EPA and other agencies under his control, agencies which the Senate are reluctant to touch. The president won’t get everything he wants this way, but he’ll get something.

The end-around sought by the president could backfire, though. If, as he insists, the Agreement contains only suggestions, and is not a treaty, then in five short months under a President Trump, assuming such a thing happens and given Mr. Trump’s statements about global warming, the entire thing will be forgotten. The only way Mr. Obama can influence the climate then is by holding his breath, thus stopping his carbon-dioxide-laden exhalation from polluting the atmosphere. (For more from the author of “Obama Once Again Imagines He Will Save the World” please click HERE)

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Conservative Icon Phyllis Schlafly Dead at 92 After Long Illness

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“America has lost a great stateswoman,” said Eunie Smith, the organization’s first vice president, “and we at the Eagle Forum and among the conservative movement have lost a beloved friend and mentor, who taught and inspired so many to fight the good fight in defense of American values.”

The constitutional lawyer and author most recently helped pen The Conservative Case for Trump, a book meant to assuage the fear some conservatives have about supporting the brash billionaire in his White House bid.

“For the first time since 1980,” Schlafly and co-authors Ed Martin and Brett Decker wrote, “a significant number of Republicans are considering abandoning their party’s nominee.”

Publisher Regnery is touting the tome as a must-read for any voter who “can’t stand Hillary Clinton, but wonder if you could vote for Donald Trump.”

As Western Journalism reported, Schlafly last month added her voice to the chorus of critics who feel U.S. House Speaker Paul Ryan should be replaced.

“Get rid of him!” she said at the time. “We don’t want anybody who believes in open borders. Obviously Paul Ryan is not an ‘America First’ guy.”

A longstanding critic of feminism, Schlafly rose to national prominence in the culturally tumultuous 1960s with her opposition to the Equal Rights Amendment and the successful if controversial book A Choice, Not an Echo.

While her life and death were ridiculed by some Twitter critics who viewed her ideology as offensive, her contributions were celebrated by social conservatives.

Smith said Schlafly died after a long illness. She is survived by her six children. (For more from the author of “Conservative Icon Phyllis Schlafly Dead at 92 After Long Illness” please click HERE)

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What’s Going on With the Senate Races?

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It’s Labor day. There’s roughly two months to go before Election day, and while the media has been obsessed with coverage of the presidential election, less attention has been paid to U.S. Senate races.

It is very possible control of the United States Senate could change hands this November. With Democratic Minority Leader Sen. Harry Reid, D-Nev. (F, 2%) retiring, Sen. Chuck Schumer, D-NY (F, 2%) is next in line to become majority leader should the Democrats wrest control from the hands of Sen. Mitch McConnell, R-KY. (F, 42%).

As rated by the Cook Political Report, there are nine Senate races that could be considered “toss-ups” right now. Of those nine, eight seats are currently held by Republicans and only one is held by the Democrats.

Those nine senate races are in: Florida, Illinois, Indiana, New Hampshire, Nevada, North Carolina, Ohio, Pennsylvania, and Wisconsin. Remember, the Democrats only need to win five seats to obtain a majority in the Senate; just four seats if Hillary Clinton wins the election and Tim Kaine can break ties in the Senate.

So where do these races stand? Let’s go state by state, looking at polling data obtained from Real Clear Politics and financial information obtained from the Federal Election Commission to find out.

Florida

The Republican candidate is incumbent Sen. Marco Rubio, R-Fla. (C, 77%). After initially denying that he would seek a second term in the Senate, Rubio was tapped by Republican leadership and GOP nominee Donald Trump to run for reelection following his unsuccessful bid for the Republican nomination for president.

The Democratic candidate is Rep. Patrick Murphy, D-Fla. (F, 13%). There has been controversy surrounding Murphy’s campaign after he was caught lying about his experience as an accountant. Liberals are also unhappy with Murphy, perceiving him to be too moderate.

Rubio has had a consistent lead in Florida polls. The RCP average of recent Florida polls currently has Rubio up 5.7 points as of last Friday. Rubio also has the advantage in fundraising. He has raised an impressive $53 million, a war-chest doubtless supplemented by donors who contributed to his presidential campaign. Rubio has spent a good chunk of that money, with his campaign having $4.7 million ending cash on hand.

Murphy has raised much less, clocking in at $11 million. He will be hard pressed to build his name ID against an incumbent Senator who is prepared to vastly out spend him. His campaign currently has $3.9 million ending cash on hand.

Illinois

Sen. Mark Kirk, R-Ill. (F, 17%), fearing for his political life, became the first member of Congress to repudiate his party’s nominee. His opponent, Democrat Rep. Tammy Duckworth, D-Ill. (F, 15%), is an Iraq War veteran and wounded warrior, having lost her legs when the Black Hawk helicopter she was co-piloting was shot down in 2004. She has been traveling extensively around the state of Illinois in a vigorous campaign to unseat Sen. Kirk.

National Republicans seem uninterested in investing resources to preserve this seat, and Kirk is lagging behind Duckworth in fundraising. Duckworth has $5.5 million ending cash on hand to Kirk’s $3.1 million.

This race has seldom been polled and Real Clear Politics currently does not have an average of polls available. The last major polling firm to poll the race was Public Policy Polling, a Democratic firm, which found Duckworth has a slight 3-pt lead at the end of July.

Indiana

The U.S. Senate election in Indiana is for an open seat, with incumbent Sen. Dan Coats, R-Ind. (F, 42%) declining to seek reelection. The Republicans nominated Rep. Todd Young, R-Ind. (F, 53%), while the Democrats recruited former Sen. Evan Bayh to run for the seat.

Bayh has a considerable name recognition advantage, as he previously held the seat from 1999-2011. His father Birch Bayh held it before him from 1963-1981. He entered the race late, however, prompting the Democratic nominee who won the primary to withdraw his candidacy. Bayh’s late entry makes it difficult to ascertain how much money his campaign has on hand, as it will not be reported until the next FEC report. Republican Todd Young has $1.2 million cash on hand.

The only poll recorded by RCP has Bayh up seven points as of mid-August. Democrats in Indiana hope his name id will make up for his late start to help them win the seat.

New Hampshire

In the Granite State, incumbent Sen. Kelly Ayotte, R-N.H. (F, 32%) is squaring off against the Democratic Governor Maggie Hassan. Both are incumbent politicians who have appeared on statewide ballots previously, so both candidates are well-known.

The Republican Party is fighting hard to keep Ayotte in the Senate, and she is currently sitting with $7 million cash on hand. Gov. Hassan has $4.2 million on hand, and has spent about $1 million less than Ayotte.

It is a very close race, with Hassan leading by a difference of less than one point in the RCP Average.

Nevada

The Senate race in Nevada is the only close race this cycle in which the prize is a seat held by a Democratic member of Congress. Senator Harry Reid, D-Nev. (F, 2%) announced his retirement in March of 2015. Former Attorney General Catherine Cortez Masto, D-Nev. will face Republican Rep. Joe Heck, R-Nev. (F, 40%) in November.

The Democrat, Cortez Masto has raised roughly $1.5 million more total than Heck, who has also spent about $2.4 million than his Democratic opponent, although Heck has more cash on hand: $4.7 million to Cortez Masto’s $3.4 million.

The polls show a close race with both candidates tied at 37 percent as of mid-August.

North Carolina

Incumbent Senator Richard Burr, R-N.C. (F, 41%) leads his Democratic opponent Deborah Ross in both fundraising and polling.

Burr’s campaign coffers are brimming with $8.3 million total raised and $6.9 million ending cash on hand. The Democratic candidate Ross hasn’t raised half as much as that and has only $1.9 million on hand. Burr is in a very good position to spend the last few weeks of the campaign vastly outspending his opponent with television and radio ads.

Burr’s lead in the polls is slimmer, ahead by only 2.6 points in the RCP average, but that’s out performing other Republicans in toss-up states. Burr’s cash on hand should help him maintain that lead.

Ohio

Sen. Rob Portman, R-Ohio (F, 49%) is widely expected to win reelection in the Buckeye State. Though his Democratic opponent Ted Strickland is the former governor of Ohio, and as such has a higher name ID than an unknown challenger, Portman has been leading in the polls and has even earned the endorsements of four Ohio labor unions—typically not a GOP constituency.

Portman has blown Strickland away in terms of fundraising, raising $13 million to the Democrat’s $6.6 million. He is currently leading Strickland in the RCP average by 7.5 points.

Democrats are so unenthused about their chances that two Democratic outside spending groups have delayed “tens of thousands of dollars in television ads supporting Strickland.”

Pennsylvania

Democrats are more enthusiastic about unseating Sen. Pat Toomey, R-Pa. (D, 61%) who is facing a tough reelection battle against Kathleen McGinty, the former secretary of the Pennsylvania Department of Environmental Protection.

Recent polling has put McGinty in the lead by four or five points, depending on the poll, and she leads in the average by 1.8 points.

Toomey has the fundraising advantage, however, with $7.6 million cash on hand to McGinty’s $2.4 million. Toomey has outspent McGinty 3-to-1. If the polls are accurate though, McGinty’s dollars seem to be having more impact.

Wisconsin

The race in Wisconsin is a rematch between incumbent Senator Ron Johnson, R-Wis. (F, 58%) and the former senator he defeated in the Tea-Party uprising of 2010, Russ Feingold, D-Wis.

It’s looking bad for Johnson. Russ Feingold is leading him by nearly 10 points in the RCP average and is also outstripping him in fundraising. Feingold has raised $15.6 million and is currently is holding $7 million cash on hand while Johnson raised $11 million with $5.7 million cash on hand. Feingold has outspent Johnson by about $2 million.

And there is where things stand.

Should the Democrats win the White House, they will need to pick up four Senate seats to obtain a majority (with ‘Vice President Kaine’ breaking ties). The Republicans that seem to be in the deepest trouble are Mark Kirk of Illinois and Ron Johnson of Wisconsin. That’s two.

Can these GOP candidates use the next two months to pull up their bootstraps and keep the Senate out of Democratic hands? (For more from the author of “What’s Going on With the Senate Races?” please click HERE)

What’s Going on With the Senate Races?

G-20 PHOTO O’ THE DAY: American’t

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Click to explodify:

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Weakening America: it’s not just Mr. Obama’s slogan, it’s also his motto. (For more from the author of “G-20 PHOTO O’ THE DAY: American’t” please click HERE)

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DHS Election Takeover? Agency Itself Was Hacked

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As the Department of Homeland Security contemplates taking possibly unconstitutional power over the U.S. election system due to the threat of hackers, citizens should consider the fact that the agency itself was the victim of a major cyber intrusion that stole sensitive personal information of thousands of its employees, contends a former DHS officer.

That, combined with a politically correct approach to the Islamic-jihad threat that allows dangerous people to enter the country should be enough reason to reject the plan suggested by DHS Secretary Jeh Johnson, contends Philip Haney, the co-author with WND News Editor Art Moore of the expose “See Something, Say Nothing: A Homeland Security Officer Exposes the Government’s Submission to Jihad.”

Johnson said last week that DHS is considering whether or not it should declare the U.S. election system a “critical infrastructure” due to potential cyber threats.

The fear, Haney points out, is that the DHS could overrule powers given to local and state governments to mange their own elections under Article 1, Section 4 of the U.S. Constitution, not to mention the powers afforded states in the 10th Amendment.

“They certainly don’t have an exemplary record in safeguarding our borders,” Haney told WND. “What gives us confidence they will safeguard our electoral process?” (Read more from “DHS Election Takeover? Agency Itself Was Hacked” HERE)

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