Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Trump Attempts A Squeeze Play And His Own Team Pushes Back: Debt Ceiling In Danger?

|Includes: BA, GD, LMT, Omega Healthcare Investors, Inc (OHI), RTN

Summary

Acrimony grows In Washington. So what else is new?

Secret dossier looms large; testimony to follow.

Will the debt ceiling be raised, or will we default for the first time in history?

The temperature in Washington, D.C. grows icier by the minute. No, we're not experiencing a cold snap smack dab in the middle of the summer. The president is refusing to engage with his own party. In fact, he's refusing to dance with those that brung him.

The president, figuring he has to deliver on one of his signature promises, has gone to the wall for his wall on the Mexican border. Houston, we have a problem. We are approaching gridlock.

Never mind that Mexico was supposed to pay for it. Now, he's given notice to the Congress that the American taxpayer will pay, and they must allocate funds in their spending bill or he'll veto it, causing the government to shut down.

Spy Intrigue

The head of the company that paid for the British spy to compile that secret dossier on the president testified for ten hours yesterday about his findings, before a congressional committee. That transcript may be released to the general public within days if the committee votes to approve that. Once again, the heat will be turned up to high boil.

Not a day goes by without another explosive development in our power centers. The tussle back and forth between the executive branch and the members of his own party in the legislative branch have both going to the brink. They don't even need the Democrats or the media to sow chaos at this point. They're doing it all by themselves.

Today, the most explosive reality T.V. show in history has brought us to the point of worrying whether the government can come to an agreement to raise the debt ceiling.

House Speaker Paul Ryan and Senate majority leader, Mitch McConnell steadfastly insist they won't let the government shut down, nor will they stand for anything less than raising the debt ceiling to avoid default.

The president says, "Well get that wall or we'll shut the government down!"

This party infighting could get even uglier, if that's even possible, than the mis-matched Mayweather vs. McGregor fight!

You see, the U.S. government spends much more money than it takes in, in taxes. The difference is made up with borrowing. This is accomplished through the process of selling Treasury bills, notes and bonds. If legislators cannot come to an agreement with the president, authority to raise the debt ceiling will fall by the wayside, and the Treasury will not have the authority to sell more bonds. Pretty quickly, the government runs out of money to pay its bills and we, as a country, would default on our obligations to pay those bills (including interest on trillions of outstanding debt to holders of Treasury bonds).

U.S. Treasury bonds are revered the world over and considered the safest, government-guaranteed paper on earth. Should the consternation in Washington lead to default, domestic and global investors alike will demand much higher interest rates from Uncle Sam to compensate for the added risk of default going forward.

Much higher interest rates would pose a grave threat to our nascent recovery and could cause GDP growth to stall. The stock market would certainly react with much greater volatility to such a development. It would be like killing the proverbial goose that laid the golden egg.

Since the Dow fell 275 points last week, followed by an additional 76 point loss the next day, I offered that we may be approaching a 10% to 15% correction due to continuing chaos in the Capital. We're dealing with follow-on weakness again this week as investors grow increasingly nervous that things might actually come to a halt, or worse.

What does this mean for stocks?

Investors continue to see an "emperor has no clothes" moment, which I've written about previously. They are coming to the conclusion that, due to this gridlock, tax reform and infrastructure spending will be put on the back-burner for quite some time. The developing anxiety is causing investors to lose confidence.

Today's brand new article, "Defense Contractors: A Call To Arm Your Portfolio", will clue you in to a sector that you might not have had your eye on but has rewarded investors with capital appreciation in the range of 220% and strongly growing dividend income over the last few years. I began recommending these trades in April, 2013 when our little dictator in the far east first began threatening us with nuclear annihilation.Take a moment to read it and write your comments, please.

In order to profit from this anxiety state, I encourage you to read my recent article, "Tracking The Treasury Rate For A 9% Yield On This Healthcare REIT". It'll cast light on a developing situation that can bring you 9% in yield, just from the dividend alone. 20% upside in price over the next 6 months is a distinct possibility.

The Real Time Portfolio Tracker is built to help you discover these types of accidentally high yield situations and to organize your portfolio in real time. It  automates much of your research for you.

The Real Time Portfolio Tracker, used by thousands of your fellow readers and subscribers, will update in real time all day long and feed you data on your tickers, including current stock price, price you paid, current dividend yield, how much you invested in each stock in your portfolio, its current value, the value percentage change, your yield on cost, the amount of annual income generated from each equity as well as the total portfolio and the percent you've invested in each stock. In addition, you'll see what percent of income comes from each stock, your capital gain on each stock as well as total capital gain on the entire portfolio.


We're making it easy for you to decide to purchase the Real Time Portfolio Tracker today. It's on sale at 25% off. Get the same excellent value and all the features that will help you obtain even greater value in your future stock purchases when you buy this tool today, on sale for 25% off for just two more days.

Real Time Portfolio Tracker

 Set up your portfolio in minutes and be ready to enjoy real time tracking of your portfolio the minute trading begins this morning!

For just two more days, enjoy 25% savings on my most popular stock market investing digital tool. Organize and track your portfolio in real time. Save $17.00 today.

Final Days of Summer Celebration For My Newest and Loyal Followers, Too!


The response to this offer has been terrific and we'd like to make it even better and extend the offer to as many people who want it today.

We reached another milestone today, thanks to you.

Because you chose to follow my work, we have now surpassed 17,900 followers. In celebration of this accomplishment, I'd like to show my appreciation by offering you my most popular stock market research digital tool at a huge discount.

For Two More Days, Only!

Back by popular demand, we're offering you the Real Time Portfolio Tracker at a 25% discount. Since you follow me, I know that you appreciate a sale as much as I do. Many of you wrote me after the previous sale ended and requested an extension, so here it is, one more time.

Try Before You Buy

We have also extended our FREE two week trial offer of our premium newsletter subscription, Retirement: One Dividend At A Time. Give us a try today. See why hundreds of your fellow Seeking Alpha members have joined and enjoy market out-performance and solid growth of dividend income for retirement. After the two weeks, if you feel I haven't shown you a way to build, grow and protect your dividend income for retirement, simply cancel and owe nothing.

This Real Time Portfolio Tracker normally sells for $69.99. Today I'm offering it to you for a very limited time for just $52.99. That's a savings of $17.00 you can use to pay down your own debt, on me!

You've seen me demonstrate this tool and how it helps guide me to good entry points and higher yields and income. Why not make it your own today? Start making more money and earning more dividend income now. You can see another new demonstration of its principles and metrics today in this new article this morning, "When Falling Revenues Can Be A Sheep In Wolf's Clothing". Please add your opinion, today.

This tool is built to help you organize your portfolio and to automate much of your research for you. It will update in real time all day long and feed you data on your tickers, including current stock price, price you paid, current dividend yield, how much you invested in each stock in your portfolio, its current value, the value percentage change, your yield on cost, the amount of annual income generated from each equity as well as the total portfolio and the percent you've invested in each stock. In addition, you'll see what percent of income comes from each stock, your capital gain on each stock as well as total capital gain on the entire portfolio.

This application works on all computers, tablets and smartphones and does not require you to have any software on your computer to run it. It will update all of your positions in your portfolio all day long in real time. There is no additional cost for the data you'll receive. You pay only once for this tracker. There are no ongoing costs.

It tracks U.S. domestic stocks, Canadian stocks and London Stock Exchange stocks, CEF's BDCs, REITs, and MLPs as well.

Make this tool your instant portfolio monitor and trade assistant.

Click this link now to learn more and place your order today.

Real Time Portfolio Tracker

Start improving your stock investing performance today. Don't delay. For the most unique gift, buy it for the favorite investor in your life or buy it for yourself. This exclusive sale, available only to my Seeking Alpha followers and subscribers, ends on Sunday, August 27, 2017 at midnight.

If you were thinking about incorporating this tool into your investment toolbox to improve your investment outcomes, don't delay. Now's the time to save $17.00 today. Saving $17.00 is just the beginning of how much this tool will add to your investing success.

Join the 21st century with real time portfolio tracking, today!

Place your order, here.

Orders are normally filled within 24 hours (most often within one hour).

Thank you for following my work.

Best,

George

Disclaimer: This article is intended to provide information to interested parties. As I have no knowledge of individual investor circumstances, goals, and/or portfolio concentration or diversification, readers are expected to complete their own due diligence before purchasing any stocks mentioned or recommended.

Disclosure: I am/we are long OHI, BA, GD, LMT, RTN.