VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS53.55%
Net Worth
1.401USD
STEEM
0.000STEEM
SBD
1.826SBD
Own SP
9.050SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 9.050SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 0.000SP | SP |
| Effective Power | 9.050SP | SP |
| Reward SP (pending) | 0.000SP | SP |
| SBD | ||
| sbd_balance | 1.826SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
{
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "14718.684782 VESTS",
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"sbd_balance": "1.826 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.000 SBD",
"conversions": []
}Account Info
| name | drpaulpharmsphd |
| id | 49332 |
| rank | 138,886 |
| reputation | 53231812924 |
| created | 2016-08-07T10:08:33 |
| recovery_account | steem |
| proxy | None |
| post_count | 6 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2016-08-15T01:55:48 |
| last_root_post | 2016-08-15T01:49:48 |
| last_vote_time | 2016-08-15T01:49:48 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 9,949 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 1.826 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 14718.684782 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 0.000000 VESTS |
| reward_vesting_balance | 0.000000 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 1970-01-01T00:00:00 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 2016-08-15T22:59:51 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
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"owner": {
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"json_metadata": "",
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"last_owner_update": "1970-01-01T00:00:00",
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"created": "2016-08-07T10:08:33",
"mined": false,
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"balance": "0.000 STEEM",
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"reward_sbd_balance": "0.000 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "0.000000 VESTS",
"reward_vesting_steem": "0.000 STEEM",
"vesting_shares": "14718.684782 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "0.000000 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
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"vesting_balance": "0.000 STEEM",
"reputation": "53231812924",
"transfer_history": [],
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"rank": 138886
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
2019/08/07 11:21:09
2019/08/07 11:21:09
| author | steemitboard |
| body | Congratulations @drpaulpharmsphd! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@drpaulpharmsphd/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@drpaulpharmsphd) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=drpaulpharmsphd)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| parent author | drpaulpharmsphd |
| parent permlink | economic-warning-update |
| permlink | steemitboard-notify-drpaulpharmsphd-20190807t112109000z |
| title | |
| Transaction Info | Block #35342440/Trx 1f8cbea4e609db25f49c96ef533344e9566e43ce |
View Raw JSON Data
{
"block": 35342440,
"op": [
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{
"author": "steemitboard",
"body": "Congratulations @drpaulpharmsphd! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@drpaulpharmsphd/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@drpaulpharmsphd) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=drpaulpharmsphd)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
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}2017/08/07 11:28:00
2017/08/07 11:28:00
| author | steemitboard |
| body | Congratulations @drpaulpharmsphd! You have received a personal award! [](http://steemitboard.com/@drpaulpharmsphd) Happy Birthday - 1 Year on Steemit Happy Birthday - 1 Year on Steemit Click on the badge to view your own Board of Honor on SteemitBoard. For more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday) > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)! |
| json metadata | {"image":["https://steemitboard.com/img/notifications.png"]} |
| parent author | drpaulpharmsphd |
| parent permlink | economic-warning-update |
| permlink | steemitboard-notify-drpaulpharmsphd-20170807t112802000z |
| title | |
| Transaction Info | Block #14364968/Trx 0f767190233939433386179c60e627e4414dbce5 |
View Raw JSON Data
{
"block": 14364968,
"op": [
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{
"author": "steemitboard",
"body": "Congratulations @drpaulpharmsphd! You have received a personal award!\n\n[](http://steemitboard.com/@drpaulpharmsphd) Happy Birthday - 1 Year on Steemit Happy Birthday - 1 Year on Steemit\nClick on the badge to view your own Board of Honor on SteemitBoard.\n\nFor more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday)\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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}drpaulpharmsphdfollowed @marketreport2017/05/18 03:35:42
drpaulpharmsphdfollowed @marketreport
2017/05/18 03:35:42
| id | follow |
| json | ["follow",{"follower":"drpaulpharmsphd","following":"marketreport","what":["blog"]}] |
| required auths | [] |
| required posting auths | ["drpaulpharmsphd"] |
| Transaction Info | Block #12025760/Trx 3ff4938e56cad1f7d6488409d5985b71bc058ca1 |
View Raw JSON Data
{
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}2017/05/18 03:35:36
2017/05/18 03:35:36
| id | follow |
| json | ["follow",{"follower":"drpaulpharmsphd","following":"marketreport","what":["ignore"]}] |
| required auths | [] |
| required posting auths | ["drpaulpharmsphd"] |
| Transaction Info | Block #12025758/Trx 9c635bb76298b0b13042003223443e6a4fb8ca9e |
View Raw JSON Data
{
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"op_in_trx": 0,
"timestamp": "2017-05-18T03:35:36",
"trx_id": "9c635bb76298b0b13042003223443e6a4fb8ca9e",
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"virtual_op": 0
}| author | irit |
| body | I upvote U |
| json metadata | {} |
| parent author | drpaulpharmsphd |
| parent permlink | we-have-added-1-1-trillion-dollars-a-year-to-the-national-debt-under-president-obama |
| permlink | re-we-have-added-1-1-trillion-dollars-a-year-to-the-national-debt-under-president-obama |
| title | |
| Transaction Info | Block #4669769/Trx 165bb3ff3530a3e174f884832d941e5fc951bc1b |
View Raw JSON Data
{
"block": 4669769,
"op": [
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{
"author": "irit",
"body": "I upvote U",
"json_metadata": "{}",
"parent_author": "drpaulpharmsphd",
"parent_permlink": "we-have-added-1-1-trillion-dollars-a-year-to-the-national-debt-under-president-obama",
"permlink": "re-we-have-added-1-1-trillion-dollars-a-year-to-the-national-debt-under-president-obama",
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"op_in_trx": 0,
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}| author | drpaulpharmsphd |
| permlink | we-have-added-1-1-trillion-dollars-a-year-to-the-national-debt-under-president-obama |
| voter | irit |
| weight | 10000 (100.00%) |
| Transaction Info | Block #4669737/Trx 1ca012ea93f4a654d26b7d6cde24c2f647db6dae |
View Raw JSON Data
{
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"timestamp": "2016-09-04T07:25:00",
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}drpaulpharmsphdreceived 0.010 SBD, 0.018 SP author reward for @drpaulpharmsphd / re-skum-re-drpaulpharmsphd-economic-warning-update-20160815t015547175z
drpaulpharmsphdreceived 0.010 SBD, 0.018 SP author reward for @drpaulpharmsphd / re-skum-re-drpaulpharmsphd-economic-warning-update-20160815t015547175z
| author | drpaulpharmsphd |
| permlink | re-skum-re-drpaulpharmsphd-economic-warning-update-20160815t015547175z |
| sbd payout | 0.010 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 28.717325 VESTS |
| Transaction Info | Block #4115835/Virtual Operation #6 |
View Raw JSON Data
{
"block": 4115835,
"op": [
"author_reward",
{
"author": "drpaulpharmsphd",
"permlink": "re-skum-re-drpaulpharmsphd-economic-warning-update-20160815t015547175z",
"sbd_payout": "0.010 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "28.717325 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2016-08-15T22:59:51",
"trx_id": "0000000000000000000000000000000000000000",
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}drpaulpharmsphdreceived 0.003 SBD interest payment
drpaulpharmsphdreceived 0.003 SBD interest payment
| interest | 0.003 SBD |
| owner | drpaulpharmsphd |
| Transaction Info | Block #4115835/Virtual Operation #5 |
View Raw JSON Data
{
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"op": [
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{
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"trx_id": "0000000000000000000000000000000000000000",
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"virtual_op": 5
}| author | drpaulpharmsphd |
| permlink | re-skum-re-drpaulpharmsphd-economic-warning-update-20160815t015547175z |
| voter | skum |
| weight | 10000 (100.00%) |
| Transaction Info | Block #4101579/Trx 30ebc44cb82603dabc18d0b673878d0e82b1580e |
View Raw JSON Data
{
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"op": [
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}| author | bitacer |
| body | "National Debt" is actually not a debt anymore, since the usa has no intention of paying it back. |
| json metadata | {"tags":["gold"]} |
| parent author | drpaulpharmsphd |
| parent permlink | we-have-added-1-1-trillion-dollars-a-year-to-the-national-debt-under-president-obama |
| permlink | re-drpaulpharmsphd-we-have-added-1-1-trillion-dollars-a-year-to-the-national-debt-under-president-obama-20160815t020335503z |
| title | |
| Transaction Info | Block #4090866/Trx eb4f8ea2229cb4889cd4031e607fa7fddfda4f6b |
View Raw JSON Data
{
"block": 4090866,
"op": [
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"body": "\"National Debt\" is actually not a debt anymore, since the usa has no intention of paying it back.",
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}| author | drpaulpharmsphd |
| body | Awesome. You are ahead of the masses. I've been sounding the alarm since 2010. Im very proud of you. skum :) |
| json metadata | {"tags":["gold"]} |
| parent author | skum |
| parent permlink | re-drpaulpharmsphd-economic-warning-update-20160815t015220794z |
| permlink | re-skum-re-drpaulpharmsphd-economic-warning-update-20160815t015547175z |
| title | |
| Transaction Info | Block #4090711/Trx c775c7c2492eb0b27bb4e49b414934482804b4e7 |
View Raw JSON Data
{
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"body": "Awesome. You are ahead of the masses. I've been sounding the alarm since 2010. Im very proud of you. skum :)",
"json_metadata": "{\"tags\":[\"gold\"]}",
"parent_author": "skum",
"parent_permlink": "re-drpaulpharmsphd-economic-warning-update-20160815t015220794z",
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}| author | skum |
| body | Do you get anxious feeling like you can never be prepared enough? I do. I am slowly getting there though. Starting with the basics, food, water and safety for my family. |
| json metadata | {"tags":["gold"]} |
| parent author | drpaulpharmsphd |
| parent permlink | economic-warning-update |
| permlink | re-drpaulpharmsphd-economic-warning-update-20160815t015220794z |
| title | |
| Transaction Info | Block #4090641/Trx f8ad443b2e8ce0883642142d4cbd88b34dba2a26 |
View Raw JSON Data
{
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"body": "Do you get anxious feeling like you can never be prepared enough?\n\nI do. I am slowly getting there though. Starting with the basics, food, water and safety for my family.",
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}drpaulpharmsphdupvoted (100.00%) @drpaulpharmsphd / economic-warning-update
drpaulpharmsphdupvoted (100.00%) @drpaulpharmsphd / economic-warning-update
| author | drpaulpharmsphd |
| permlink | economic-warning-update |
| voter | drpaulpharmsphd |
| weight | 10000 (100.00%) |
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View Raw JSON Data
{
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}drpaulpharmsphdpublished a new post: economic-warning-update
drpaulpharmsphdpublished a new post: economic-warning-update
| author | drpaulpharmsphd |
| body | <html> <p> I'm expecting and preparing for a <a href="http://bit.ly/1WkNtpI"><strong>Major Global Economic</strong></a> pull back starting on the evening of Oct. 2nd 2016 ( During that time the asian markets would have just opened. Thus the pull back starting there.)</p> <p>On Monday Oct. 3rd 2016, when our markets open at 915am. </p> <p>The downward pressure will accelerate . It could be Massive or Worst. There are at least seven bubbles waiting to burst. Remember, all of this is on a <a href="http://bit.ly/1WkNtpI"><strong>Global scale</strong></a>. Plus, there may be a small economic rattle starting in September.</p> <p>If you haven't done so <a href="http://bit.ly/1WkNtpI"><strong>please watch this video</strong></a>.</p> <p>( Charles Hayek- He Predicted the Past 3 Recessions. Here’s why You should Listen to him... ”For More Information "Watch" "Surviving the Final Bubble" Video: <a href="http://l.facebook.com/l.php?u=http%3A%2F%2Fbit.ly%2F1WkNtpI&h=TAQGRzKlDAQHV9VSqlwDvSC7EV5jYkGEDbtmklKg_jB5s4g&enc=AZPjS__lZL3Zz5GrNL9-gbnfO94yw-P10ax6t9JHxPHZPKiHbz7crpRgDp3EN5TYbd_DQ7zCZ5oLoBpG5UzYuclOGKCXxArUHuNlCiKS73TvSSrwrCbx-9TJtQTVLbLDvItxsKG7BorOWElxBxSx1B4oJdypUzkqdpBkfj9XeFj2a_IjRtGDCTDFFJhZRUTXoIg&s=1">http://bit.ly/1WkNtpI</a> )</p> <p><a href="http://bit.ly/1WkNtpI">Please Share</a>.</p> <p>Peace and Blessings to you and you family. </p> <p>May the LORD continue to bless and protect us. Amen.</p> <p>Paul</p> </html> |
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| parent author | |
| parent permlink | gold |
| permlink | economic-warning-update |
| title | Economic Warning Update: |
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"body": "<html>\n<p> I'm expecting and preparing for a <a href=\"http://bit.ly/1WkNtpI\"><strong>Major Global Economic</strong></a> pull back starting on the evening of Oct. 2nd 2016 ( During that time the asian markets would have just opened. Thus the pull back starting there.)</p>\n<p>On Monday Oct. 3rd 2016, when our markets open at 915am. </p>\n<p>The downward pressure will accelerate . It could be Massive or Worst. There are at least seven bubbles waiting to burst. Remember, all of this is on a <a href=\"http://bit.ly/1WkNtpI\"><strong>Global scale</strong></a>. Plus, there may be a small economic rattle starting in September.</p>\n<p>If you haven't done so <a href=\"http://bit.ly/1WkNtpI\"><strong>please watch this video</strong></a>.</p>\n<p>( Charles Hayek- He Predicted the Past 3 Recessions. Here’s why You should Listen to him... ”For More Information \"Watch\" \"Surviving the Final Bubble\" Video: <a href=\"http://l.facebook.com/l.php?u=http%3A%2F%2Fbit.ly%2F1WkNtpI&h=TAQGRzKlDAQHV9VSqlwDvSC7EV5jYkGEDbtmklKg_jB5s4g&enc=AZPjS__lZL3Zz5GrNL9-gbnfO94yw-P10ax6t9JHxPHZPKiHbz7crpRgDp3EN5TYbd_DQ7zCZ5oLoBpG5UzYuclOGKCXxArUHuNlCiKS73TvSSrwrCbx-9TJtQTVLbLDvItxsKG7BorOWElxBxSx1B4oJdypUzkqdpBkfj9XeFj2a_IjRtGDCTDFFJhZRUTXoIg&s=1\">http://bit.ly/1WkNtpI</a> )</p>\n<p><a href=\"http://bit.ly/1WkNtpI\">Please Share</a>.</p>\n<p>Peace and Blessings to you and you family. </p>\n<p>May the LORD continue to bless and protect us. Amen.</p>\n<p>Paul</p>\n</html>",
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}| author | drpaulpharmsphd |
| body | This is true also :) |
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}| author | drpaulpharmsphd |
| body | Thanks :) |
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}| author | goradyne |
| body | Thanks man! Your article is far greater though! |
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| body | Exportation of cheap USD to other countries necessarily causes devaluation so that the holdings of the country that imports the USD doesn't hold as much value initially. This works if you assume a quality product, which is no guarantee when you import a good from China. That's the idea, in principle, I think. Could be wrong. Often am. I'd ignore what I say if I were you. |
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"body": "Exportation of cheap USD to other countries necessarily causes devaluation so that the holdings of the country that imports the USD doesn't hold as much value initially. This works if you assume a quality product, which is no guarantee when you import a good from China.\n\nThat's the idea, in principle, I think. Could be wrong. Often am. I'd ignore what I say if I were you.",
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}| author | drpaulpharmsphd |
| body | Yes indeed. Your so on point. goradyne :) |
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| body | Exactly, they use the recession as a way to justify it. But the increasing deficit can't be justified, except for outsourcing. We need to eliminate debt. |
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}| author | isaac.asimov |
| body | Hi! This post has a <a href="https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests">Flesch-Kincaid</a> grade level of 10.4 and reading ease of 61%. This puts the writing level on par with Michael Crichton and Mitt Romney. |
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}| author | drpaulpharmsphd |
| body | In 2006, U.S. Senator Barack Obama’s voice thundered across the Senate floor as he boldly declared that “increasing America’s debt weakens us domestically and internationally. Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren.” That was one of the truest things that he ever said, but just a couple of years later he won the 2008 election and he turned his back on those principles. As I write this article, the U.S. national debt is sitting at a grand total of $19,402,361,890,929.46. But when Barack Obama first entered the White House, our federal government was only 10.6 trillion dollars in debt. That means that we have added an average of 1.1 trillion dollars a year to the national debt under Obama, and we still have about five more months to go. Even though Barack Obama is on track to be the first president in all of U.S. history to not have a single year when the U.S. economy grew by 3 percent or better, many have still been mystified by the fact that the economy has been relatively stable in recent years. But the explanation is rather simple, actually. Anyone can live like a millionaire if the credit card companies will lend them enough money. You could even do it yourself. Just go out and apply for as many credit cards as possible and then spend money like there is no tomorrow. In no time at all, you will be living the high life. Of course many of you would immediately object that a day of reckoning would come eventually, and you would be right. Just like for those that abuse credit cards, a financial day of reckoning is coming for America too. In the United States today, our standard of living is being massively inflated by taking trillions of dollars of future consumption and moving it into the present. The politicians love to do this because it makes them look good and they can take credit for an “economic recovery”, but what we are doing to our children and our grandchildren is beyond criminal. On average, we are stealing more than 100 million dollars from future generations of Americans every single hour of every single day. Yet most Americans don’t see anything wrong with what we are doing. At this point, our national debt is more than 30 times larger than it was just 40 years ago, and many have argued that it is now mathematically impossible for the U.S. government to ever pay off all of this debt. The only thing that we can do now is to keep the party going for as long as possible until the day of reckoning inevitably comes. Under Obama, our national debt will come close to doubling. What that means is that during Obama’s eight years we will accumulate almost as much debt as we did under all of the other presidents in U.S. history combined. Right now, the U.S. government is responsible for about a third of all the government debt in the entire world. Fortunately the financial world continues to lend us gigantic mountains of money at ridiculously low interest rates, but if that were to ever change we would be in an enormous amount of trouble very rapidly. For instance, if the average rate of interest on U.S. government debt simply returns to the long-term average, we would very quickly find ourselves spending more than a trillion dollars a year just in interest on the national debt. And as the Baby Boomers age, our “unfunded liabilities” threaten to absolutely swamp us. By the year 2025, it is being projected that “mandatory” federal spending on “unfunded liabilities” such as Social Security, Medicaid and Medicare plus interest on the national debt will exceed total federal revenue. What that means is that we will spend every penny we bring in before a single dollar is spent on the military, homeland security, paying federal workers, building roads and bridges, etc. In recent years the Federal Reserve has also had a “buy now, pay later” mentality. While Obama has been in the White House, the size of the Fed balance sheet has grown by about two and a half trillion dollars. The goal has been to artificially pump up the economy, but when the Federal Reserve creates money out of thin air it is actually a tax on all of us. The purchasing power of every dollar that we will spend in the future has been diminished thanks to the Fed, but most Americans don’t understand this. What most Americans want is for someone to “fix things” in the short-term, and not much consideration is ever given to the long-term damage that is being done. I know that the phrase “trillion dollars” is thrown around a lot these days, and to a lot of people it doesn’t have a whole lot of meaning anymore. But the truth is that it is an absolutely enormous amount of money. In fact, if you went out right this moment and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars. A final example of our “buy now, pay later” mentality can be seen in our ridiculously bloated trade deficit. We consume far more than we produce as a nation, and we buy far more from the rest of the world than they buy from us. As a result, tens of thousands of businesses and millions of good paying jobs have gone overseas, and many of our formerly great manufacturing cities are now vast industrial wastelands. Our economic infrastructure has been gutted at a pace that is staggering, and yet most Americans still don’t understand what has been done to them. If you visit your typical “big box” retail store today, where is most of the stuff made? Instinctively, most of you would answer “China”, and that is not too far from the truth. We buy far, far more stuff from China then they buy from us. This makes them steadily wealthier, and it makes us steadily poorer. Unfortunately, our trade deficit with China has gotten much, much worse while Barack Obama has been in the White House. At the end of Barack Obama’s first year in office, our yearly trade deficit with China was 226 billion dollars. Last year, it was more than 367 billion dollars. Are you starting to see a trend? Our long-term economic and financial problems have greatly accelerated under Barack Obama, but our leaders feverishly work to make things look okay in the short-term and so most Americans don’t notice what is happening. Unfortunately, this Ponzi scheme cannot go on forever and a day of reckoning is coming. And when it arrives, the pain that it is going to cause for ordinary Americans is going to be far greater than most of us would dare to imagine. Giving you the right knowledge in the most dangerous times, |
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"body": "In 2006, U.S. Senator Barack Obama’s voice thundered across the Senate floor as he boldly declared that “increasing America’s debt weakens us domestically and internationally. Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren.” That was one of the truest things that he ever said, but just a couple of years later he won the 2008 election and he turned his back on those principles. As I write this article, the U.S. national debt is sitting at a grand total of $19,402,361,890,929.46. But when Barack Obama first entered the White House, our federal government was only 10.6 trillion dollars in debt. That means that we have added an average of 1.1 trillion dollars a year to the national debt under Obama, and we still have about five more months to go.\n\nEven though Barack Obama is on track to be the first president in all of U.S. history to not have a single year when the U.S. economy grew by 3 percent or better, many have still been mystified by the fact that the economy has been relatively stable in recent years. But the explanation is rather simple, actually. Anyone can live like a millionaire if the credit card companies will lend them enough money. You could even do it yourself. Just go out and apply for as many credit cards as possible and then spend money like there is no tomorrow. In no time at all, you will be living the high life. \n\nOf course many of you would immediately object that a day of reckoning would come eventually, and you would be right. Just like for those that abuse credit cards, a financial day of reckoning is coming for America too.\n\nIn the United States today, our standard of living is being massively inflated by taking trillions of dollars of future consumption and moving it into the present. The politicians love to do this because it makes them look good and they can take credit for an “economic recovery”, but what we are doing to our children and our grandchildren is beyond criminal. On average, we are stealing more than 100 million dollars from future generations of Americans every single hour of every single day. Yet most Americans don’t see anything wrong with what we are doing.\n\nAt this point, our national debt is more than 30 times larger than it was just 40 years ago, and many have argued that it is now mathematically impossible for the U.S. government to ever pay off all of this debt.\n\nThe only thing that we can do now is to keep the party going for as long as possible until the day of reckoning inevitably comes.\n\nUnder Obama, our national debt will come close to doubling. What that means is that during Obama’s eight years we will accumulate almost as much debt as we did under all of the other presidents in U.S. history combined. Right now, the U.S. government is responsible for about a third of all the government debt in the entire world. Fortunately the financial world continues to lend us gigantic mountains of money at ridiculously low interest rates, but if that were to ever change we would be in an enormous amount of trouble very rapidly.\n\nFor instance, if the average rate of interest on U.S. government debt simply returns to the long-term average, we would very quickly find ourselves spending more than a trillion dollars a year just in interest on the national debt.\n\nAnd as the Baby Boomers age, our “unfunded liabilities” threaten to absolutely swamp us. By the year 2025, it is being projected that “mandatory” federal spending on “unfunded liabilities” such as Social Security, Medicaid and Medicare plus interest on the national debt will exceed total federal revenue. What that means is that we will spend every penny we bring in before a single dollar is spent on the military, homeland security, paying federal workers, building roads and bridges, etc. In recent years the Federal Reserve has also had a “buy now, pay later” mentality.\n\nWhile Obama has been in the White House, the size of the Fed balance sheet has grown by about two and a half trillion dollars. The goal has been to artificially pump up the economy, but when the Federal Reserve creates money out of thin air it is actually a tax on all of us. The purchasing power of every dollar that we will spend in the future has been diminished thanks to the Fed, but most Americans don’t understand this.\n\nWhat most Americans want is for someone to “fix things” in the short-term, and not much consideration is ever given to the long-term damage that is being done. I know that the phrase “trillion dollars” is thrown around a lot these days, and to a lot of people it doesn’t have a whole lot of meaning anymore. But the truth is that it is an absolutely enormous amount of money. In fact, if you went out right this moment and started spending one dollar every single second, it would take you more than 31,000 years to spend one trillion dollars.\n\nA final example of our “buy now, pay later” mentality can be seen in our ridiculously bloated trade deficit. We consume far more than we produce as a nation, and we buy far more from the rest of the world than they buy from us. As a result, tens of thousands of businesses and millions of good paying jobs have gone overseas, and many of our formerly great manufacturing cities are now vast industrial wastelands. Our economic infrastructure has been gutted at a pace that is staggering, and yet most Americans still don’t understand what has been done to them. If you visit your typical “big box” retail store today, where is most of the stuff made? Instinctively, most of you would answer “China”, and that is not too far from the truth.\n\nWe buy far, far more stuff from China then they buy from us. This makes them steadily wealthier, and it makes us steadily poorer. Unfortunately, our trade deficit with China has gotten much, much worse while Barack Obama has been in the White House.\n\nAt the end of Barack Obama’s first year in office, our yearly trade deficit with China was 226 billion dollars. Last year, it was more than 367 billion dollars.\n\nAre you starting to see a trend? Our long-term economic and financial problems have greatly accelerated under Barack Obama, but our leaders feverishly work to make things look okay in the short-term and so most Americans don’t notice what is happening.\n\nUnfortunately, this Ponzi scheme cannot go on forever and a day of reckoning is coming. And when it arrives, the pain that it is going to cause for ordinary Americans is going to be far greater than most of us would dare to imagine.\n\nGiving you the right knowledge in the most dangerous times,",
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}steemcreated a new account: @drpaulpharmsphd
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"json_metadata": "",
"memo_key": "STM615Xbfvf4rfaYMjhGbrYfyg9ihSeBmjSXVCfPoqsdsEXv7WZbB",
"new_account_name": "drpaulpharmsphd",
"owner": {
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1
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"op_in_trx": 0,
"timestamp": "2016-08-07T10:08:33",
"trx_id": "2f328009e7d064abfc1795721e3d46f56a863627",
"trx_in_block": 0,
"virtual_op": 0
}Manabar
Voting Power100.00%
Downvote Power100.00%
Resource Credits100.00%
Reputation Progress53.55%
{
"voting_manabar": {
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"last_update_time": 1471225788
},
"downvote_manabar": {
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"last_update_time": 1470564513
},
"rc_account": {
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"rc_manabar": {
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"last_update_time": 1537887600
},
"max_rc_creation_adjustment": {
"amount": "2020748973",
"precision": 6,
"nai": "@@000000037"
},
"max_rc": "16739433755"
}
}Account Metadata
| POSTING JSON METADATA | |
| None | |
| JSON METADATA | |
| None |
{
"posting_json_metadata": {},
"json_metadata": {}
}Auth Keys
Owner
Single Signature
Public Keys
STM6qMzTArXb3uHck76Z7Z2u37V3CbrFjCuqGgPMZmG6jeb4t1Giq1/1
Active
Single Signature
Public Keys
STM7ocj5rfzP86GsDU72BtM7RcbjsEXVWnECWd8Xj9qyHA3ZjjLAf1/1
Posting
Single Signature
Public Keys
STM6gU7evLNgJkBRxbpNPfMQVaEUmZcTxfdJzGr8j28CBTv8Wt5NQ1/1
Memo
STM615Xbfvf4rfaYMjhGbrYfyg9ihSeBmjSXVCfPoqsdsEXv7WZbB
{
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"memo": "STM615Xbfvf4rfaYMjhGbrYfyg9ihSeBmjSXVCfPoqsdsEXv7WZbB"
}Witness Votes
0 / 30
No active witness votes.
[]