We’ve Pulled As Much Future Demand Forward as We Could

Perhaps more than anyone else, we’ve been keen on documenting the rise of subprime auto loans.

Over the course of the last 12 months, data from Experian clearly shows that underwriting standards are falling in the industry as competition for a shrinking pool of eligible borrowers heats up.

  • Average loan term for new cars is now 67 months — a record.
  • Average loan term for used cars is now 62 months — a record.
  • Loans with terms from 74 to 84 months made up 30%  of all new vehicle financing — a record.
  • Loans with terms from 74 to 84 months made up 16% of all used vehicle financing — a record.
  • The average amount financed for a new vehicle was $28,711 — a record.
  • The average payment for new vehicles was $488 — a record.
  • The percentage of all new vehicles financed accounted for by leases was 31.46% — a record.”

Source:http://www.zerohedge.com/news/2016-01-14/subprime-auto-canary-deutsche-bank-probes-employees-exaggerating-abs-demand

As you read through the data above, it becomes obvious that something has gone seriously wrong in our economy.  To finance a vehicle for 84 months-7 years to you and I, is phenomenal.  The rate of depreciation on the vehicle nearly guarantees that the owner will be underwater for nearly the entire length of the loan. Continue reading

Rally Behind Trump and Destroy the Government Party

One after another, the politicians I think I could respect eventually show me their true colors and that they WILL CONFORM to to the hidden leadership of the Government Party (Democrats and Republicans working together behind closed doors) that none of us elect.

How does the Government Party maintain this control over the elected politicians?  The formula seems to be rather simple.

  1. As soon as a new person is elected, get them to toe the line or they will be given lousy assignments, their legislation(no matter how appropriate) will never see the light of day and your district or state will suffer the consequences of base closings and less federal dollars returning home.  Essentially “We will make you appear ineffective”.
  2. The sub parties of the Government Party(Democrats and Republican to you and I) will pressure the big contributors to cut you off and fund challengers if you are not a team player.
  3. Bully, threaten and coerce you to conform behind closed doors, and if that doesn’t work, they will do so in public.

Only a true outsider has a chance to stop that, and only from the White House. Why?  Those that are elected officials have already joined the Government Party.  Those that do not will take a verbal assault from everyone on both wings of the Government Party.

Think Sarah Palin.  Think about the assaults she still gets today from both sides?  Why?  She threatened everything because she did not win her State’s to[ job by playing their game, and if elected, that would have weakened the Government Party going forward.  Everyone in the Government Party knew it.

Who’s Afraid of Sarah Palin (And Why)

The frequent and persistent use of the Veto by the next President of the United States(POTUS) will be the ONLY thing that is effective.   It has to be used not with reckless abandon, but with clear determination to reform and reshape what the Government Party produces.

Will the Government Party work for months to get something passed that is clearly wrong for America(They do this all the time btw), and have it vetoed, only to have to work another month to override the veto?  They might do this once, twice or more.  But they will soon figure out that this game is changed.  The electorate (you and I) will know who is clearly going against the Constitution and the will of the people.  We will then have the clear reasons to send them packing.

There are only two ways to break the Government Party and its iron-fist of a hold on the throats of the American taxpayers and citizens: Top-down and bottom up.  Here’s the best chance we have had to change it from the top-down.   Bottom up will take decades.

Of the three outsiders Carson, Fiorina, and Trump, , which one do you think has the courage to say F you to that hidden leadership and their public faces? Because F you is what the American people are trying to say and they refuse to listen.

I think the answer becomes clearer by the day.  The one that they are all focused on daily.  The one they are trying to destroy.  The one that they tried to back into a corner if the Republican wing of the Government Party so he would not run as an Independent.

Yes, the one they are all trying to eliminate from the race despite the fact he is leading in their polls with a strength that they cannot replicate with other candidates.

Interestingly enough, they are also attacking the “insider” Cruz who just might be the strongest contender that is willing to defend the Constitution of the United States as it is meant to be defended.

I feel for the first time that there is a strong chance I will vote for Trump instead of the Libertarian candidate for POTUS, because he IS an outsider, and he will not play the rigged game.

Trump could indeed let us down.  After all, every insider that has made it to the White House has done just that.  One hundred per cent of the time.

If he does, we can quit fooling ourselves that this country belongs to us and acknowledge without fail that it belongs to the Government Party.

Stand your ground, America. We have had enough.

This will be our last chance to save the Republic.

Destroying the Government Party will give Libertarians the opportunity to be heard.

Destroying the Government Party will all our government to be returned to We, the People.

Destroying the Government Party will give us the chance to return to a real Constitutional Government with real checks and balances.

Leave the Government Party in place, and your children will never even understand what the freedoms we have already lost feel like.

It’s your choice.

Are you willing to wait for an insider of the Government Party to rise to the Top and make changes?  That will never happen.

Or are you willing to sound a clear and decisive shot at the Government Party that will break it into pieces?

If so, you know where your support needs to be.

Do it.