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Trump Just Broke First $100 Trillion Barrier In History After Democrats Said He Couldn’t Do It

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The naysayers on the left said it could not be done. Many progressives warned American voters that electing President Donald Trump would be disastrous for the economy and a surefire way to get a repeat of the disastrous crash of 2008 and 2009. Hillary Clinton even proclaimed to one and all that electing Trump to the presidency would surely cause yet another recession.

An article from CNN Money from October 24, 2016, proclaims – “Almost everyone on Wall Street currently predicts Hillary Clinton will win the White House. A Trump triumph would likely cause investors to flee stocks to the safety of gold and bonds.”

Yet here we are two years into a Trump presidency in defiance of predictions otherwise, and the Fed has unveiled the latest snapshot of the US “household” sector as of March 31, 2018, in the Fed’s latest Flow of Funds report.

What has been revealed in the report is that with $116.3 trillion in assets and a modest $15.6 trillion in liabilities, the net worth of US households rose above $100 trillion for the first time ever, hitting a new all time high of $100.8 trillion, increasing for 10 consecutive quarters and up $1.0 trillion as a result of an estimated $490 billion increase in real estate values, as well as a $511 billion increase in various stock-market linked financial assets like corporate equities, mutual and pension funds, and deposits as the market soared to new all time highs in the first quarter.

Trending: Obama Praised Man For ‘Inspiring Great Hope’ Who Then Seized It All From White Citizens

From The Wall Street Journal – “Americans’ wealth surpassed the $100 trillion mark for the first time in early 2018, as rising home prices offset the hit to households’ assets from a stock-market swoon in the first quarter.

Household net worth—the value of all assets such as stocks and real estate minus liabilities like mortgage and credit-card debt—rose by 1% from the previous quarter, or more than a trillion dollars, to a record $100.768 trillion, according to a report released by the Federal Reserve on Thursday.”

Total household assets in Q1 rose $1.1 trillion to $116.3 trillion, while at the same time, total liabilities, i.e., household borrowings, rose by only $44 billion from $15.5 trillion to $15.6 trillion, the bulk of which was $10.1 trillion in home mortgages.

The breakdown of the total household balance sheet as of Q1 is shown below.

Meanwhile, Hillary has once again been proven wrong in her doom and gloom assessment, spewing lies about anyone and everyone in an effort to get what she wants. In this case, it was to be President of the United States of America. She repeatedly cited the multiple times his businesses filed for bankruptcy as an example of President Trump’s fiscal ineptitude.

Meanwhile, she herself claimed to be “dead broke” in a woefully transparent attempt to relate to everyday Americans. She made the comment during an interview with ABC’s Diane Sawyer. Sawyer pressed Hillary on her recent haul of $5 million in speaking fees.

Hillary stated to Sawyer – “You have no reason to remember, but we came out of the White House not only dead broke, but in debt. We had no money when we got there, and we struggled to piece together the resources for mortgages for houses, for Chelsea’s education. It was not easy. Bill has worked really hard. And it’s been amazing to me. He’s worked very hard.”

Except, Hillary was ranked the 10th-wealthiest member of the Senate in the years following, with a net worth between $10 million and $50 million. A few weeks before they left the White House, the Clintons were able to muster a cash down payment of $855,000 and secure a $1.995 million mortgage. This hardly fits the common meaning of “dead broke.”

She also completely ignored the fact that many successful people, including past presidents, have gone through rough financial patches only to recover, earning back what they lost and more. Presidents Thomas Jefferson, Abraham Lincoln, Ulysses S. Grant, and William McKinley were also forced to file for bankruptcy during their lifetimes.

What Hillary failed to capture or even mention is that President Trump has always managed to earn back what he lost, and even more. He has been remarkably business savvy, working hard for the American people since his election. He has chosen to take no paycheck while in office but instead has chosen to donate that paycheck to various entities in an effort to further help the American people.

The rising property valuations are an especially encouraging sign, given the hit the housing market took back in 2008 leaving many Americans with negative equity or in foreclosure. Overall, the value of households’ real estate rose by $489.6 billion. This reflects how high home prices are rising across the nation. Given that the largest asset most Americans possess is their homes, this is huge.

This economic turnaround could never have happened under a Hillary Clinton presidency or former President Obama. Hillary and Obama spent more time meeting with celebrities, touting their own supposed “accomplishments” that worked to the detriment of Americans coast to coast and taking selfies. Working hard for the American people? What is that?

Meanwhile, President Trump continues his hard work for the American people and it is paying off – bigly! Unemployment is at historic lows. Trade deals have never been better. Now America’s overall personal wealth is seeing a significant upswing.

Obama frequently spoke about how President Trump’s economic plans would never work…would never come to fruition while he was in the midst of campaigning for Hillary in her failed 2016 presidential bid. He stated during a rally for Hillary – “Some of those jobs of the past are not gonna come back. Trump just says, ‘I’m going to negotiate a better deal.’ How exactly are you going to negotiate that? What magic wand do you have?”

Abracadabra, Obama. Abracadabra.

 

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White House Guests KNEEL During National Anthem, Trump Makes Them Immediately Regret It

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The Marine Corp band in their bright red uniforms were on the south balcony of the White House on a bright, sunny Tuesday in Washington, DC. The Army Chorus sang, beginning the event with ‘America the Beautiful’ and concluded with ‘God Bless America’. At least two people who were guests at President Trump’s Celebration of America event yesterday knelt, showing exactly why so many Americans are ticked over the National Anthem controversy.

The event replaced a celebration at the White House in honor of the Super Bowl win for the Philadelphia Eagles. These two disrespectful idiots took a knee as the “Star Spangled Banner” rang out across the South Lawn of the White House. Simply disgraceful. These aren’t social justice warriors… these are unpatriotic jerks.

A video was posted to Twitter by a reporter for SVT, the Swedish national public TV broadcaster. It shows a man, wearing a light blue button down, kneeling as the National Anthem played, before clapping and ultimately coming to his feet after the song finished. I guess he thought that was his five minutes of fame or something.

What it really amounted to was making a fool out of himself internationally. President Trump showcases all of these liberal dimwits for what they are… America-hating, radical leftists who are far more interested in hating our brave police officers and our country than they are in respecting America and taking national pride in their country and President.

When President Trump took the podium, he blew his audience away with his love for our country, military, police, flag and the National Anthem. He made every single person who disrespects them like this look like the small, craven liberals that they really are. The man, who did not identify himself, left the event immediately after the United States Marine Band performed the anthem, according to a news anchor for TV2 Denmark. Gee, crawling away with his tail between his legs like the lowly cur he his. Guess he couldn’t stand patriotism after he showed how much he hates his own country.

There was a second man who was pictured kneeling as well. That was posted to Twitter by a CNN White House producer. He was wearing a light blue checkered shirt and had a little American flag. This guy was right up front. He was also apparently the same person who reportedly heckled Trump. That guy was roundly booed by everyone around him. CNN’s analyst April Ryan posted false news on Twitter yesterday claiming people were booing Trump when it was the heckler they went after. She eventually retracted what she said after her own colleagues called her out on the lie. “Stop hiding behind the armed services and the National Anthem,” the guy yelled to a chorus of boos, according to the Daily Mail. “Let’s hear it for the Eagles.” “Go home,” one person shouted at the heckler.

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The President didn’t engage the heckler, but looked in his direction and pursed his lips. He looked like he wanted to smack him. Right there with ya.

President Trump disinvited the Philadelphia Eagles to the White House after they at first said they had more than 70 players coming to the People’s House to celebrate. By this week, that number had dropped to less than ten and then to only one player. They kept trying to change the date to one where President Trump would be out of the country. I don’t blame the President in the least for canceling the visit. That was totally appropriate. If you insist on being ungrateful and insulting a sitting President of the United States, then you don’t deserve the honor of going to the White House period.

Trump claimed on Monday that the team disagreed “with their President because he insists that they proudly stand for the National Anthem, hand on heart, in honor of the great men and women of our military and the people of our country.” Eagles players denied that accusation, pointing out that no one on the team knelt for the anthem during last season. But that has nothing to do with how each individual on the team states his beliefs and shows his disrespect for President Trump.

White House Press Secretary Sarah Huckabee Sanders accused the team of a “political stunt” just minutes before Tuesday’s alternative event began, claiming the players had chosen to “abandon their fans.” That’s exactly what they did. “If this wasn’t a political stunt by the Eagles franchise then they wouldn’t have committed to attend the event and then backed out,” she said in her Tuesday press briefing. “And if it wasn’t a political stunt, they wouldn’t have attempted to reschedule the visit while the President was overseas.”

Trump was brief in his remarks and only spoke for about four minutes. He began by explaining why it’s an issue of patriotism for Americans to stand for the National Anthem. “We love our flag and stand for our National Anthem,” Trump said to great applause from the crowd on the South Lawn of the White House. “We stand to honor our military and to honor country and to honor the fallen heroes who never made it back home.” Yes, we do… and those that don’t can take a hike.

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Melania Unveils This Year’s White House Christmas Decorations That Libs Are SURE To Hate

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Melania Trump’s first year in office was marked by immense criticism of our incredible first lady, who in the eyes of the Trump family’s numerous detractors, Melania could do nothing right, or at least as well as her predecessor, Michelle Obama. This included her full Christmas decor plan, which was stunning in silver and white, and a beautiful modern take on the same tired style that Michelle un-creatively came up with.

This year’s decorations will likely be no different, if not worse.

Last year, liberals claimed she decked the halls in depression and gloom, likening it to looking more like a haunted house than a holiday home. So, what will they say about this year’s new look?

Chicks On The Right reports:

FLOTUS doesn’t just slay on the fashion front. Her decorating skills are off the charts. (Yes, yes– I know she didn’t do this by herself, but if you really believe she didn’t have a say, you’re nuuuuuuuuuuuuts.)

ANYWHO. She finally unveiled this year’s White House Christmas decorations, and they’re GORGEOUS.

You have no idea how much I want to stroll through those halls of beautifully decorated trees. Oh well. I’ll have to settle for the aisles of Hobby Lobby.

It all looks great. I’m obsessed. TY, that is all.

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