August, 2025, Part 3, Political Class Insanity: FBI Voids Hillary Investigation, The National Debt Soars To $37 TRILLION, and Congressional Members are Great Insider Stock Traders

 There is a lot going on in the world: Obama and Russiagate findings, Middle East powder keg, the Russian/Ukrainian war, etc. But through all this, the American political class continues to  constantly deliver its own special brand of insanity, stupidity, wasteful taxpayer spending, and ineffective government programs.

1)Through the work of Tulsi Gabbard, a mountain of previously secret government documents have been released that showed a massive government employee and politician coverup regarding the attempted framing of President Donald Trump and now debunked theory that Russia was instrumental in getting him elected in 2016. Names like Obama, Clapper, Comey, Brennan, Hillary Clinton have been involved in one way or another.

We will let the smoke settle on this major and potentially treasonous conspiracy of high ranking government officials before diving into the heinous details. But one aspect of the coverup is the theory that the conspiracy was to protect the shenanigans of the Clinton Foundation that were going on at about the same time. The theory being that Hillary Clinton wanted to embroil Trump in a Russia themed hoax to divert attention away from what was going on in her life and the Clinton Foundation.

And recent released documents by Gabbard shed some light on what was actually going on:

• A recently released timeline from FBI internal records indicates that the FBI Los Angeles was actively investigating the Clinton Foundation back in 2016.
• Specifically, they were tracking down the details on 19 different Clinton Foundation bank accounts and their possible use in campaign finance fraud in the 2016 Presidential election.
• However, in the middle of the investigation, the Department of Justice under Obama put an end to the investigation before it could be completed.
• Deputy Attorney Sally Yates was the culprit in calling off the FBI investigators, directing the FBI to “Shut it down.”

Let’s face it, there is probably a high likelihood that there were suspicious and possibly criminal activities going on relative to the Clinton Foundation, activities that we have previously laid out in this blog. But high ranking government officials quite possibly got the Clintons a free pass at least in the 19 bank account situation, reinforcing many Americans' views that the American political class, besides being incompetent, is also crooked and criminal.

2)The Federal government just reached a historic milestone, a milestone that indicates that pretty soon our economy and our freedoms will come crashing down with bad economic implications for every American:

• The national debt incurred by the Washington political class via the Federal government recently exceeded $37,000,000,000,000.
• That is $37 trillion for those that do not want to count the zeroes.
• That means that to pay off the debt, every single American man, woman, and child would have to chip in about $110,000 each, a family of four would have to pay about $440,000.
• Obviously this is not going to happen since it is financially impossible.
• And before anyone says anything akin to taxing the rich to pay off the debt, keep in mind that even if you confiscated the TOTAL wealth of the three richest Americans, (Musk, Bezos, Zuckerberg), about $600 billion, you would pay off less than 2% of the debt.
• The interest on this national debt is now over $1 trillion a year which means that on a prorated basis, on average every American is paying just under $3,000 just to pay the interest on the debt, never mind paying down the principal.
• This $3,000 that cannot be spent to expand the economy, create jobs, and allow more freedom for Americans.
• Many economists believe that as long as a nation’s debt is less than the nation’s GDP, the debt problem can be handled.
• Today, the Federal government’s debt is over $37 trillion while the country’s GDP is only $29 trillion, meaning the debt is about 28% higher than what economists think is within the safety zone.
• It is no surprise how we got to this point since in 2019, the Federal government spent $4.5 trillion while in 2025, the Federal government will spend $7.3 trillion, a whopping 62% increase in six years.

It is an economic problem that is growing exponentially. This type of government spending takes trillions of dollars out of the economy that could have been used for more constructive purposes. The interest payments are getting worse and will continue to take wealth out of people and businesses' pockets, resulting in higher and higher inflation as the amount of available investment money in the economy gets sops by up by government interest payments.

While the current government spending cuts by DOGE are an encouraging start, they are miniscule compared to the major cuts that have to be taken before the crisis explodes and the country and its citizens suffer unbelievable economic hardships. Unfortunately, current Washington politicians are either too stupid, too afraid or too ignorant to fix a looming financial disaster that grows worse every minute of every day.

3)Maybe one reason why this Federal debt problem is never seriously addressed is the reality that many In Congress spend too much time making themselves richer and richer rather than fixing this and every other problem facing the country:

• Treasury Secretary Scott Bessent recently discussed how many members of Congress have made many fortunate stock sales and buys that have made them incredible amounts of money.
• According to Bessent: "I am going to start pushing for a single stock trading ban, because it is the credibility of the House and the Senate that you look at some of these eye-popping returns."
• He specifically singled out our old favorite insider trading Congressional member, Nancy Pelosi, and Senator Ron Weyden as two members of Congress that have made numerous stock trades that seriously outperformed major hedge fund, professional stock market experts: "Every hedge fund would be jealous of them."
• Furthermore: "And you know, the American people deserve better than this. People shouldn’t come to Washington to get rich. They should come to serve the American people, and it brings down trust in the system because, I can tell you, that if any private citizen traded this way, the SEC would be knocking on their door."
• He mentioned an unnamed member of Congress that rather than work on legislation and issues that negatively affect Americans, this member executed over 1,200 stock trades in a single year, more than what most hedge funds do annually.

It is difficult to believe that members of Congress have their full attention on national problems when they are constantly looking for stock market insider information edges resulting in dozens, hundreds or over a 1,000 stock trades during their tenure. No wonder the country is a mess, no one is watching the store but still getting rich.

Enough insanity for today: corruption via insider trading, corruption by derailing criminal investigations of political class members, and a skyrocketing debt problem with no solution in sight.

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May, 2017, Political Class Insanity,Part 9: Insanity In Germany, An Obama Attorney Replaces the Supreme Court, and More

It is the beginning of another month which means it is again time to review the latest political class insanity from Washington and around the world. Political class insanity takes many forms including the wasting of taxpayer wealth, criminal fraud within government programs, inane and stupid political quotes and actions, the inability to create and implement effective and efficient government programs, stupid and ill performing economic policies and strategies, and other forms of insanity that continue to evolve and surprise and shock us.

Today and for all of the insanity posts this month, let’s start off with a welcome piece of honest political dialog. It comes from a State Department spokesperson. Mark Toner, who is about to start the daily State Department press briefing. In a joking matter, he makes the following quote: "Welcome to the State Department. I think we have some interns in the back. Welcome. Good to see you in this exercise in transparency and democracy."

He then burst out laughing at his own quote, indicating he also knew what a joke the Obama administration has been, especially Mr. Toner’s State Department, when it comes to cover ups, lack of transparency, denial of Freedom of Information Act requests, the prosecution of whistleblowers, etc. But at least it was a little refreshing to finally hear some actual honesty out of Washington as we see from the actual clip of the news conference:

http://www.againstcronycapitalism.org/2016/08/when-even-the-state-department-spokesperson-cant-keep-a-straight-face-about-things-anymore-video/

With that context of honesty, let’s see what other insanity has been going down:

1) Let us start off today with some international political class insanity to prove the idiocy of our politicians does not make them unique. As we have always said, it is our opinion that one of the only few valid functions of government is to protect the citizens that support it via taxes and votes. Apparently that is not what is going on in Germany, where Middle Eastern immigrants are treated better than property owners in certain sections of Germany:

• In Hamburg, Germany, there are not enough housing units to shelter and support the migrants and immigrants that Prime Minister Angela Merkel has so willingly allowed to enter her country. 
• As a result, the local government and politicians are confiscating commercial properties and privately owned residences and are updating them and using them to house immigrants from throughout the Middle East.
• For example, the local government recently seized six residential units in the Hamm district of the city that are owned by a private landlord but have been vacant since 2012.
• The six units were rundown so the local government renovated them and had the nerve and gall to then turn around and bill the private landlord for the repairs they made even though the landlord cannot rent the units out and recoup his money since the city placed immigrants into the units.
• This power grab is legal under a long time law that enables the local politicians to seize any residential property they see fit as long as it has been vacant for more than four months.

Talk about an overreaching government bureaucracy. The national government unleashes a wave of immigrants across the country and a local government than seizes privately owned property to house the overflowing illegal immigrant population, property rights and private ownership and freedom be damned. Lenin would be so proud.

2) Sally Yates was a leftover attorney in the Justice Department from the Obama administration. She recently testified in front of Congress on why she refused to execute an immigration order from the Trump administration that was meant to enforce current immigration laws already on the books. 

Apparently, she decided unilaterally that the order was unConstitutional and decided that it was her prerogative as a single lawyer in the Justice Department to disobey an instruction from the President. During the hearing in front of Congress, a Senator asked some obvious questions: when did Sally Yates take the place of the Supreme Court, when did a lowly Justice Department attorney become the decider of what is Constitutional? 

According to BizPac Review: On her refusal, Yates told Kennedy that she “believed any argument [the Justice Department] would have to make in its defense would not be grounded in the truth. We would have to argue that it had nothing to do with religion.”

When asked whether or not there was another way to defend the order, Yates responded with her belief that the order’s intent was to discriminate against Muslims who wanted to come to the United States.

Then, the Louisiana senator went in for the proverbial kill-shot: “At what point does an Act of Congress or an executive order become unconstitutional?” Kennedy asked. “I can look at a statute and say ‘I think that’s unconstitutional.’ Does that make it unconstitutional?”

After some stammering from Yates, Kennedy said, “What I’m getting at, and I don’t mean disrespect… Who appointed you to the United States Supreme Court?”

Yates doubled down with the contention that it’s the Attorney General’s responsibility to say no if they believe an order is unlawful, “and that’s what I did.”

“I believe you believe what you’re saying,” said Kennedy.

Maybe so, but that doesn’t make it constitutional.

I guess that in Ms. Yate’s world, the Constitutional processes and checks and balances so wonderfully set up by the Founders in the Constitutional no longer apply to people like her, that now, it is unelected bureaucrats that get to decide what is and what is not Constitutional. Pathetic and an insult to the Constitution.

This exchange can be viewed at: 

http://eheadlines.com/gop-senator-to-fired-ag-sally-yates-who-appointed-you-to-the-united-states-supreme-court-video/

3) One of the beauties of the Constitution is the limitation it places on government and politicians that your personal lives theoretically cannot be intruded on by government bureaucrats and politicians unless there is a a real potential to hurt national security and personal security of a citizen and that a judge agrees with the request to intrude.

But as was often the case during the Obama administration, the law and Constitution are merely suggestions. According to a May 2, 2017 article on the NewsMax website:

• When the NSA does an information sweep regarding national security threats that have been approved by a court, they “mask” or cover up the names of innocent citizens that may have been swept up in the NSA activity.
• The reason they are masked is to protect the innocent who are just bystanders in the NSA investigation and to protect their Fourth Amendment rights.
• But that safeguard was not something that the Obama administration cared about since a recent uncovered government document showed that the Obama administration asked that the NSA unmask the names of over 1,900 innocent Americans who were swept up in NSA investigations.
• The accusations arising from this “unmasking” effort is that the Obama administration was looking for the names for political purposes, not national security processes. 

This is what happens when politicians and bureaucrats put political objectives ahead of Constitutional rights. Keep in mind, as pointed out in the article, in 2016 the Obama administration collected more than 151 million phone records of Americans. Given this rate of collecting over 400,000 phone records a DAY of Americans’ communications there is little doubt in my mind that Obama and his minions wanted information on his political opponents and could care less about national security in this case.

That will do it for the insanity for today: Obama and his disdain for the Constitution and privacy, an Obama attorney that thinks she is now the Supreme Court, and German political class insanity that proves that government officials around the world care more about foreigners than their own citizens.

Still more insanity to follow.

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