Largest Hedge Fund Founder on Why U.S. Is on Brink of Economic ‘Heart Attack’

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The United States is currently in a “death spiral” of debt that could lead to an economic “heart attack” if both parties do not work together to start cutting immediately, according to Ray Dalio, the founder of the world’s largest hedge fund.

During a recent conversation on “The All-In Podcast” with co-host David Friedberg, Dalio noted that a “death spiral” typically refers to when a company or government has too much debt and must borrow to service it. According to Dalio, investors are acutely aware of this, which is causing credit to get worse and interest rates to increase.

Dalio, the Chief investment officer of Bridgewater Associates, says this is the worst thing that can happen to a heavily indebted entity. He notes that the key question is whether the debt creates a large enough income to mitigate this issue.

“That’s like, I don’t know, eating vegetables or something. It’s a healthy process. And if not, credit begins to build up this debt, it begins to become like plaque in the arteries. And you can measure it just like you could measure it in the arteries, and you can see how it constricts that circulatory system,” Dalio told “All-In.”

If interest and debt service continuously constrict a government’s money supply, Dalio claims this can lead to an “economic debt heart attack.” (Read more from “Largest Hedge Fund Founder on Why U.S. Is on Brink of Economic ‘Heart Attack’” HERE)

Trump Restores ‘Maximum Pressure’ Policy to Keep Iran From Possessing Nukes

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President Donald Trump signed an executive order Tuesday that reinstates the “maximum pressure” policy on Iran that he implemented during his first term.

The “maximum pressure” executive order was part of a larger package of executive orders that included several foreign policy initiatives, such as withdrawing America from several United Nations agencies including the Human Rights Council and UNESCO. Much of the pressure will be financial, as the executive order tasks the Department of the Treasury to implement sweeping sanctions to keep money out of the pockets of the Iranian regime.

Iran is the world’s premier state sponsor of terrorism, funding and controlling a complex web of jihadist entities including Hamas, Hezbollah, a host of Iraqi Shiite militias, and the Houthi terrorists of Yemen. In 2o18, a State Department study estimated that Iran spends as much as $1 billion a year funding terrorism.

“Iran spends $700 million a year on Lebanese Hezbollah. It gives another $100 million to various Palestinian terrorist groups, including Hamas,” then-Ambassador-at-Large and Coordinator for Counterterrorism Nathan Sales told reporters. “Combined with the money that Tehran provides to other terrorists, the total bill comes close to $1 billion a year.”

During his first term as president, Trump similarly implemented onerous sanctions on Iran that significantly limited its malign influence in the Middle East. Trump also designated the Islamic Revolutionary Guard Corps (IRGC), a wing of the Iranian military, a foreign terrorist organization, and eliminated IRGC Quds Force chief Qasem Soleimani in an airstrike in 2020. Soleimani was largely responsible for coordination among several major Iranian terror proxies, leaving Tehran’s efforts to control jihadist activity hampered. (Read more from “Trump Restores ‘Maximum Pressure’ Policy to Keep Iran From Possessing Nukes” HERE)

Photo credit: Gage Skidmore via Flickr

Trump: U.S. Will Take Over Gaza, ‘We Will Own It’

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President Donald Trump said Tuesday that the U.S. would take over Gaza and remove debris, tunnels, and explosives left there by Hamas after the war with Israel, adding that he saw America taking a “long-term ownership position.”

Trump said: “The US will take over the Gaza Strip, and we will do a job with it too. We’ll love it and be responsible for dismantling all of the dangerous bombs and other weapons on the site… and get rid of the destroyed buildings [and] create an economic development that will supply unlimited numbers of jobs and housing.”

The surprise announcement came as the president spoke alongside Israeli Prime Minister Benjamin Netanyahu, the first foreign leader to visit Trump since his Inauguration last month.

Trump had previously said that he would like to see most, or all, of the Palestinian population of Gaza moved to another Arab or Muslim country.

The idea of actually taking over Gaza, and establishing a U.S. presence, was both unexpected and completely new.

(Read more from “Trump: U.S. Will Take Over Gaza, ‘We Will Own It’” HERE)

After Trump EO, Hospitals Push Gender Dysphoria While Claiming No Trans Surgeries On Kids

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Hospitals around the nation claim they are ceasing their child mutilation and sterilization programs after President Donald Trump effectively ended the flow of taxpayer-funded radical gender ideology.

Less than one week after Trump’s monumental executive order, institutions whose stream of federal tax dollars is threatened by their participation in life-altering and often permanent operations announced their intent to scale those back or even end them altogether.

Doctors at New York University Langone Health allegedly quietly canceled two appointments designated to equip children with drugs that would chemically castrate them. As the New York Times noted on Saturday, however, the hospital system “has not made any public announcements” about the future of its mutilation and sterilization programs.

Denver Health told the Associated Press that it would cease “gender” surgeries for minors to preserve its status as the recipient of more than $89 million tax dollars a year. As the AP pointed out, however, it is “unclear” whether the hospital will continue the cross-sex hormones or puberty blockers also barred under Trump’s order. Instead, Denver Health emphasized that Trump’s order is “broadly worded” and committed to advancing radical gender ideology in ways untouched by the White House’s reach such as transgender voice therapy, according to KUSA.

“Denver Health is proud to be one of a very small number of providers of comprehensive care services to all of our patients including to LGBTQ+ and gender-diverse patients. As we navigate the order’s requirements, we will continue to provide primary and behavioral health care to all impacted youth and will work to maintain the level of trust we have built with the LGBTQ+ community,” Denver Health said in a statement. (Read more from “After Trump EO, Hospitals Push Gender Dysphoria While Claiming No Trans Surgeries On Kids” HERE)

Illegal Alien Allegedly Stole U.S. Citizen’s Identity, Committed Voter Fraud

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An illegal alien faced voter fraud charges on Monday in federal court, after he allegedly lived in America for years under a citizen’s stolen identity.

Carlos Jose Abreu, a 45-year-old national from the Dominican Republic, faces charges of “impersonating a United States citizen when registering to vote and when voting in a federal election,” according to a Department of Justice press release. He also faces a charge for unlawful possession of a firearm.

“If convicted on the voter fraud and gun charges, Abreu faces up to 15 years in federal prison,” the release reads. “He is also subject to deportation.”

Abreu, of Broward County, Florida, allegedly used the stolen identity of an American to register to vote in September 2020 and to vote in November 2022, the release said. He had “been living in the United States under the assumed identity of the American citizen victim for about 18 years.”

The man has lived in America ever since he first entered illegally close to 20 years ago, according to the release. New Jersey issued an arrest warrant for Abreu in 2007 for charges of kidnapping, criminal restraint, endangering a child, and sexual assault. (According to court records, the latter two charges are still “outstanding,” and the case has been “transferred.”) He then relocated to Florida and allegedly stole an American citizen’s identity and acquired a Florida driver’s license and applied for a passport using the stolen identity, the release said. (Read more from “Illegal Alien Allegedly Stole U.S. Citizen’s Identity, Committed Voter Fraud” HERE)

Vance Exposes DEI ‘Scandal’ Involving Air Traffic Controllers

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Vice President JD Vance offered insight into President Donald Trump‘s comments about how DEI policies were a factor in the deadly mid-air collision between an American Airlines jet and Army Black Hawk Helicopter near Reagan National Airport in the Washington, D.C., area last week.

Fox News anchor Maria Bartiromo asked Vance if he had any evidence that any of the employees at the control were “DEI hires” during a “Sunday Morning Futures” interview.

“No, the president’s been very clear about this. This is not saying that the person who was at the controls is a DEI hire,” Vance replied, adding: “Let’s just say, first of all, we should investigate everything. But let’s just say the person at the controls didn’t have enough staffing around him or her because we were turning people away because of DEI reasons. There is a very direct connection between the policies of the last administration and short-staffed air traffic controllers. That has to stop.”

Vance continued his answer by responding to the media coverage of Trump’s remarks in the wake of the tragedy in which 67 people were killed.

“By the way, it’s so funny to me. The media has picked up on this — not you, of course, Maria — but others have picked up on this. The president made very clear that he wasn’t blaming anybody, but he was being very explicit about the fact that DEI policies have led our air traffic controllers to be short-staffed. That is a scandal,” Vance said. “Thankfully, it’s a scandal that the president has stopped.” (Read more from “Vance Exposes DEI ‘Scandal’ Involving Air Traffic Controllers” HERE)

Musk Rips ‘Fraudulent’ Taxpayer Handouts as DOGE Team Uncovers Shady Financial Secrets

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Tech billionaire Elon Musk ripped alleged “fraudulent” Treasury payments on Saturday as reports circulated that the Department of Government Efficiency has gained acces to the federal government’s payment system as the second Trump administration continues cutting what they say is government fat and overspending.

“The @DOGE team discovered, among other things, that payment approval officers at Treasury were instructed always to approve payments, even to known fraudulent or terrorist groups. They literally never denied a payment in their entire career. Not even once,” Musk, the chair of DOGE, posted early Saturday morning to X.

Musk’s post came just ahead of the New York Times reporting Saturday afternoon that Treasury Secretary Scott Bessent granted DOGE personnel access to the payment system. The Treasury spends roughly $6 trillion per year on payments for federal agencies.

The ranking Democrat on the Senate Finance Committee, Oregon Sen. Ron Wyden, posted to social media on Saturday that he has also been informed that DOGE was granted access to the system.

“Sources tell my office that Treasury Secretary Bessent has granted DOGE *full* access to this system. Social Security and Medicare benefits, grants, payments to government contractors, including those that compete directly with Musk’s own companies. All of it,” Wyden posted to social media site BlueSky on Saturday evening. (Read more from “Musk Rips ‘Fraudulent’ Taxpayer Handouts as DOGE Team Uncovers Shady Financial Secrets” HERE)

Rubio Says El Salvador Will Take Deportees From U.S. Of Any Nationality

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Secretary of State Marco Rubio said late Monday that El Salvador’s president has offered to accept deportees from the U.S. of any nationality, including violent American criminals now imprisoned in the United States.

President Nayib Bukele “has agreed to the most unprecedented, extraordinary, extraordinary migratory agreement anywhere in the world,” Rubio said at a signing ceremony for an unrelated civil nuclear agreement with El Salvador’s foreign minister.

“He’s also offered to do the same for dangerous criminals currently in custody and serving their sentence in the United States even though they’re U.S. citizens or legal residents,” Rubio said. He had just met with Bukele at his lakeside country house outside San Salvador for several hours. (Read more from “Rubio Says El Salvador Will Take Deportees From U.S. Of Any Nationality” HERE)

Photo credit: Gage Skidmore via Flickr

Two Airport Authority Workers Arrested for Allegedly Leaking DC Plane Crash Video to CNN

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Two employees of the authority that manages Ronald Reagan Washington National Airport were arrested over their alleged involvement in leaking surveillance footage of last week’s deadly midair aircraft collision to CNN.

The Metropolitan Washington Airports Authority (MWAA) staffers are accused of making an unauthorized copy of records and are facing charges of computer trespass, the agency said Monday.

The legal trouble is tied to the chilling video obtained by CNN last week that offered a horrifying new vantage point to crash over the Potomac River, ABC News reported.

The Wednesday night collision between a Black Hawk helicopter and an American Airlines passenger jet killed all 67 people on both aircrafts.

The exclusive videos gave a closer and clearer look at the air disaster, including one clip in which the chopper is darting from the left side of the screen as the American Airlines flight approached the airport. (Read more from “Two Airport Authority Workers Arrested for Allegedly Leaking DC Plane Crash Video to CNN” HERE)

97% of Political Contributions From USAID Employees Went to Dems

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Political contributions from employees at the U.S. Agency for International Development (USAID) went almost entirely to Democrats, according to a Daily Wire analysis.

In the 2024 election cycle, USAID staff made a total of $406,790 in political contributions, according to data collected on OpenSecrets. More than half of that, $241,079, went to the former Vice President Kamala Harris. Only $999 — a quarter of a percent — went to President Donald Trump.

In all, just over $377,000, or 97%, went to Democrats, while just $12,704 went to Republicans. Open Secrets tracked all political donations of USAID employees to PACs and candidates over $200 via data from the Federal Election Commission.

These numbers highlight the political bias Trump and his team have said they need to root out from USAID. Trump on Monday said that the agency and its $50 billion annual budget were run by “radical left lunatics” who “went crazy during the Biden administration” and were giving money “to people that shouldn’t be getting” it. Elon Musk, who has been tasked with slashing federal waste through the Department of Government Efficiency (DOGE), said the agency was “beyond repair.” (Read more from “97% of Political Contributions From USAID Employees Went to Dems” HERE)

Photo credit: Gage Skidmore via Flickr