Visit our website now: http://www.billstill.com - considered by informed insiders’ as THE ultimate resource for fixing the National Debt problem and surviving Economic or Financial Collapse/Crash and attaining the unvarnished truth about Washington and today’s United States Political Climate. Good morning, I’m still reporting on Fed Rate Rise Not Good for Trump Good evening, I’m still reporting on the economy. The Federal Reserve today raised its federal funds rate by a quarter point up to .75%. The federal funds rate is the Fed’s most important control mechanism governing the quantity of money in the country. [insert] Raising this rate inevitably lowers the quantity of money in the nation and ultimately puts a drag on the economy. Why? Because when the base interest rate goes up, without question your costs on your variable-rate mortgage, and all your other debts – like credit cards - goes up. You have less money to spend. Now it would be nice to believe that the Fed made this move today without any political considerations – not true. The full effects of interest rate changes take around 24 months to show up in the system. So, mark the date – Dec. 2018 there will be a negative drag on the economy. But that’s not all. The expectations are that the Fed will raise rates 3 more times throughout 2017. So then, the full effects of these interest rate rises will not fully materialize until Dec. 2019. And what will be going on then? Well, the next presidential primaries will begin just 2 months later leading up to the 2020 election where President Trump will be seeking re-election. Not political, you say. Well when was the last time the Federal Funds rate was lowered? A year ago. But the time before that was 8 years ago – December 17, 2008 – a month after the election of President Obama. Yes, the Fed lowered this key interest rate to the lowest rate in history and left it there for the first 7 years of the Obama presidency? So, just as President Trump comes in, it will be harder and harder for him to borrow the amounts of money he needs to implement his massive infrastructure rebuild project. In addition, the interest payable on the existing $19 trillion of debt the government has piled up over the years, will go up as well, forcing the President to borrow even more money at ever higher rates. Of course, none of this death spiral of debt is necessary. I think Mr. Trump got an inkling of the real solution early on, but now he has 3 people in his cabinet who come from the primary beneficiary of this debt money system – the largest investment bank – Goldman-Sachs. Not only that, but the president and Chief Operating Officer of Goldman – Gary Cohn – will now serve as the National Economic Council Director. So now there will be no monetary reform in the Trump presidency – at least at first. This is going to be a straight-out battle between the pillars of American debt-money capitalism versus the pillars of world socialism combined with the pillars of Islam. I just want Mr. Trump to remember as the debt spirals ever higher, retarding his efforts to return capital and manufacturing to American shores, there is another way. You don’t have to borrow money to have money. We can completely pay off over 50% of the debt in 3 years – not by declaring national bankruptcy – but by simply paying off the debt as it comes due with U.S. Notes, instead of Federal Reserve notes. And we stand ready to help. I’m Still reporting from Washington, Merry Christmas. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the “Still Report”, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/BillStillOfficial https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill https://www.reddit.com/user/billstills/ http://www.stumbleupon.com/stumbler/billstillss Consider becoming a cherished sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/D2tO-IAugvI

Good evening. I’m still reporting on Trump. The second new poll tonight shows Trump capturing the lead in yet another important swing state, Iowa. According to a new Monmouth University poll released this afternoon, Trump now leads Clinton 44 to 42 percent, with Libertarian Party candidate Gary Johnson at 6% and Green Party candidate Jill Stein at 1%. According to Patrick Murray of Monmouth: “Iowa could be the leading edge of a Midwest push for Trump.” Trump had a 4-point edge over Clinton among independents – 39 to 35%. Clinton had a 21-point edge among women, but that was more than cancelled out by Trump’s 27-point lead among men – 56% to 29%. The survey was taken from July 8 thru 11th – immediately after FBI Director James Comey’s Congressional testimony on July 7th. I’m Still reporting from Washington. Good day.