When folks express support for more programs that increase spending by the federal government, they often don’t consider the following: Exactly https://t.co/2xlFqU2PFR — Elon Musk (@elonmusk) August 17, 2024
Category: Debt/ Inflation
Sooner or Later…
We Are All Swimming in Debt
HT: NC Renegade 76% of all personal income tax last month went to servicing the $34 trillion national debt. How did we get here? Two men: FDR and Richard Nixon. Together, they broke the dollar. And put the American people into debt slavery. pic.twitter.com/Emrbt6mspu — Peter St Onge, Ph.D. (@profstonge) […]
“America Ending, Republic Ending”
Bannon points to a chart that projects annual $trillion+ deficits increasing year by year into the future. He also describes a US House of Representatives GOP conference in which certain Republicans– i.e. powerful “appropriators”– asserted there is nothing that can be done about it:
The US Dollar At Risk
What does it mean for us? Potentially, worse inflation and China gaining the upper hand. This is the cost of profligacy and rank irresponsibility on the part of our elected officials from both parties. Discussion begins at 2:00 mark:
Sound Money
RFK Jr. has some awful policy ideas; but he also has some excellent policy ideas and perspectives. Here he talks about re-introducing the concept of a sound currency. I am not aware of any of the Republican presidential candidates advocating this. Correct me if I am wrong:
The Federal Reserve Tilting The Election Toward the Socialists
There are many forces in our society that act to tilt elections toward the socialists– the mainstream media, the powerful tech industry, monied oligarchs, those engineering or committing election fraud, etc. But one particular force doesn’t get mentioned very often in this regard– the Federal Reserve or “the Fed”. Everyone […]
Business-As-Usual While Rome Burns
Matt Rosendale is a conservative Republican congressman from Montana. He is strikingly candid regarding his GOP colleagues in the US House of Representatives. While some of us were hoping the speakership of Mike Johnson would change things, it has not. The country’s debt crisis is escalating; and they cannot see […]