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U.S. Treasury says first-quarter borrowing set record of $488 billion
#1
U.S. Treasury says first-quarter borrowing set record of $488 billion

https://www.usatoday.com/story/money/eco...567166002/
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#2
...and without a valid excuse. This is worse than any deficits during the Great Recession, deficits necessary for preventing a reprise of the Great Depression.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist  but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.


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#3
https://www.washingtontimes.com/news/201...n-do-more/
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#4
(05-06-2018, 09:07 PM)pbrower2a Wrote: ...and without a valid excuse. This is worse than any deficits during the Great Recession, deficits necessary for preventing a reprise of the Great Depression.
Well, there hasn't been a major tax reduction like we've seen since Reagan. You should be happy though. The blues got 800 billion more to spend on their stuff for Democratic support to keep the government working for now. I suspect we'll continue to see more of the same until it becomes OBVIOUS that the government is going broke. Then, we'll have a decision make about our future together as citizens.
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#5
Most of the problems of today would be solved by embracing what worked in the past.

People were born in the past without birth certificates.

People could travel without passports.

People can learn how to drive without driver licenses.

People could travel without being groped by the TSA.

The government does not need to wiretap people.

Businesses that do not have business licenses will go bankrupt if they provide bad service.

People will not starve if they do not have food stamps.

People can find cheap doctors in the world without Obamacare.

People will not have a vested interest in driving dangerously if there are no liability insurance laws.

People could carry guns, no one had Social Security numbers, and there were no sales, income, or property taxes in the past.

Drugs, alcohol, smoking, gambling, prostitution, sodas, protesting, and mosques were legal before, why can't they be legal now?

The US did not torture in the past, why does the US need to torture now?

The USA had open borders before, why must the US have closed borders now?

If self-serve gas stations can be legal in one place, why can't they be legal everywhere?

If seeing eye dogs are legal in restaurants, why can't all dogs be legal in restaurants?

Would crime rise if everything was legal?

Why do you need the government anyway? Can’t you talk to people who bother you? Could you sue someone? Could you just move away? Can't you protect yourself?

Think.

A free country that went to war with a evil dictatorship should not become a police state. Thieves cannot take the moral high ground and criticize robbers.

The USA is an immoral bankrupt warmongering police state now.

Americans have learned nothing from history.

Americans have no rights anymore and the US is no longer a democracy.

Americans think every problem should be solved by decree and force now, but every solution causes another problem.

Americans think the government is made up of holy men. Americans think anyone becomes a saint when they wear a costume, badge, and a gun.

The solution for problems should be what worked in the past.

Americans say that rent control should be used to reduce high rents instead of reducing regulations.

When regulations lead to a bad economy, Americans think that the homeless should be put in jail and businesses should be given bailouts.

Instead of allowing people to feed the homeless, Americans think feeding the homeless should be outlawed.

Instead of getting rid of welfare that encourages girls to marry the state instead of a man and leads to broken families, Americans think food stamps should be expanded.

Instead of getting rid of minimum wages that cripple the ability of the US to compete on the world market, Americans think the US should increase the minimum wage and start a trade war by enacting tariffs.

When food stamps lead to increased debt, Americans think that taxes should be raised.

Americans think the only way to attend college is to have student loans, but student loans raise the cost of tuition.

Instead of ending wars that lead to terrorism, tyranny, debt, and refugees, Americans think that the wars should be increased.

Instead of arresting sex traffickers, Americans would rather shut down free speech and prostitution.

Americans would rather ban video games instead of arresting murderers.

Instead of allowing the free market to decide what companies are good, Americans would rather shut down monopolies.

Instead of educating people, Americans would rather jail people for using their own property in the wrong way.

Central planning has failed everywhere. China used to encourage people to have kids, but after China became overpopulated, China had an one-child policy.

The USA is supposed to be a free country. The reason the Americans fought the British was because Americans wanted to be free.

When our overlords make a decree, they always sell it as a minor temporary law that only affects Muslims, junkies, sex offenders, homosexuals, illegal immigrants, or blacks. The 1% doesn’t mention that the law will become permanent and more draconian.

No one cares if owning cows are illegal, yoga pants are illegal, teen driving is illegal, or smoking is illegal. The problem is what happens when your job is banned, the government steals your house, tortures your family, or sends you to the concentration camps.

Are you just going to take it?

If tyranny is so wonderful then why do people try to escape North Korea?

Would you rather be locked in a padded room wearing a strait-jacket and have safety or be homeless on a mountain and have freedom?

The elites are trying today to make Americans dependent children by outlawing everything and giving them food stamps. Once Americans are weakened and the US Ponzi economy implodes, the ruling class will then send the 99% off to the gulags to be starved and killed.

Governments are not kind. Governments have killed millions of people in Nazi concentration camps, Soviet gulags, the Chinese Great Leap Forward, and the Cambodian killing fields.

Liberty is not something that only benefits other people, but not you. Freedom benefits everyone.

Tyranny is not something that only punishes other people, but not you. Tyranny punishes everyone.

Freedom is good.

Tyranny is bad.

This is no joke.

History repeats and the signs are everywhere.

Anyone who supports the government is just a tool of the elites.

Wake up.
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#6
(05-06-2018, 10:11 PM)Classic-Xer Wrote:
(05-06-2018, 09:07 PM)pbrower2a Wrote: ...and without a valid excuse. This is worse than any deficits during the Great Recession, deficits necessary for preventing a reprise of the Great Depression.
Well, there hasn't been a major tax reduction like we've seen since Reagan. You should be happy though. The blues got 800 billion more to spend on their stuff for Democratic support to keep the government working for now. I suspect we'll continue to see more of the same until it becomes OBVIOUS that the government is going broke. Then, we'll have a decision make about our future together as citizens.


The gain goes almost entirely (after some time) to the economic elites of ownership and management -- the High Bourgeoisie and the nomenklatura (managerial elite), and not to the rest of America. In a state like California or New York, much of it goes to landlords like Donald Trump, the least-beloved of capitalists short of loan-sharks and child pornographers. In case you didn't know, renters are more likely to be Democrats and liberals irrespective of income.

The problem with the American economy is not that our super-rich aren't rich enough -- that is on the level with sheikhs of oil-rich monarchies in which the ruling family owns the oil reserves, as our elites want.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist  but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.


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#7
There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
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#8
(05-06-2018, 10:11 PM)Classic-Xer Wrote:
(05-06-2018, 09:07 PM)pbrower2a Wrote: ...and without a valid excuse. This is worse than any deficits during the Great Recession, deficits necessary for preventing a reprise of the Great Depression.
Well, there hasn't been a major tax reduction like we've seen since Reagan. You should be happy though. The blues got 800 billion more to spend on their stuff for Democratic support to keep the government working for now. I suspect we'll continue to see more of the same until it becomes OBVIOUS that the government is going broke. Then, we'll have a decision make about our future together as citizens.

We also had a major tax reduction under GW Bush. I am happy that the blues got that stuff. I would be happier if the wealthy paid more so we didn't also have an enormous debt piling up.
"I close my eyes, and I can see a better day" -- Justin Bieber

Keep the spirit alive;
Eric M
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#9
I deleted my response to dcgal. The libertarian spammer is back, flooding our site with dozens of threads.
"I close my eyes, and I can see a better day" -- Justin Bieber

Keep the spirit alive;
Eric M
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#10
(07-08-2018, 09:30 PM)m732 Wrote: Why not cut spending?

Politicians like bribing various interest groups to vote for them.  Doing the right thing could cost somebody an election and so they won't risk that until a crisis occurs that they can not paper over with Fed money printing.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken

If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action.   -- Ludwig von Mises
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#11
(07-09-2018, 12:48 AM)Galen Wrote:
(07-08-2018, 09:30 PM)m732 Wrote: Why not cut spending?

Politicians like bribing various interest groups to vote for them.  Doing the right thing could cost somebody an election and so they won't risk that until a crisis occurs that they can not paper over with Fed money printing.

It used to be that the Right bragged about cutting spending so that people would get off welfare and do miserable jobs or accept near-peonage just to survive but to create wealth for the ruling elite. The Left has its priorities and the Right has theirs. The Right has learned how to waste money on show projects, privatization schemes, wars for profit, and subsidies to dying businesses. Thus Trump and coal -- and you can trust that he does not care about coal miners.

Spending cuts will not happen until the government is no longer able to monetize debt. That will take a collapse of the system that implies that the government cannot even collect taxes to pay the interest. People will have to resort to barter or to use metallic currency -- gold, silver, or platinum. There would be a hyper-deflation because people would have to be paying in old silver dollars or gold coins instead of in 'Federal Reserve Bank Notes' when there is no longer a Federal Reserve.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist  but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.


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#12
(07-08-2018, 09:30 PM)m732 Wrote: Why not cut spending?

On what?  Cutting is always easy until you have to chose the cuts, then not so much.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.
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#13
(07-12-2018, 10:53 PM)POH Wrote: Cut salaries, reduce waste, cut the debt, end welfare, end the wars, end the police state, abolish the EPA, SBA, IRS, NSA, FCC, ATF, DEA, DHS, TSA, NEA, Amtrack, PBS, and Obamacare.

Allow the private market to replace government services.

https://finance.yahoo.com/news/dominos-p...02630.html

There are private security companies, roads, railroads, media companies, schools, courts, fire departments, delivery services, and airports.

We didn't need a huge government before and we don't need it now.

Businesses are more efficient than the government because the government pays no price for being wrong.

Allow the states to replace federal services.

Americans should be responsible for themselves.

The government is not your daddy. The government is not your mommy.

https://redguardsaustin.com/t/whatever/new/

? What do you propose as a solution to pollution and enforcement of workers' rights then?
---Value Added Cool
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#14
Isn't the government, media, and corporations the same thing now?

https://www.srnnews.com/jimmy-carter-us-...democracy/

Doesn't the EPA pollute?

https://www.usatoday.com/story/news/nati.../31320641/

Wouldn't asking for government protection from pollution now be like asking a robber
to watch your house while you go on vacation?

Wouldn't corporations that pollute suffer from a public relations disaster?

https://www.businessinsider.com/pr-train-wrecks-2010-10

Can't workers quit when they feel cheated?
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#15
(08-06-2018, 02:16 AM)k111 Wrote: Isn't the government, media, and corporations the same thing now?

https://www.srnnews.com/jimmy-carter-us-...democracy/

Doesn't the EPA pollute?

https://www.usatoday.com/story/news/nati.../31320641/

Wouldn't asking for government protection from pollution now be like asking a robber
to watch your house while you go on vacation?

Wouldn't corporations that pollute suffer from a public relations disaster?

https://www.businessinsider.com/pr-train-wrecks-2010-10

Can't workers quit when they feel cheated?

Sadly, it's appearing to be that way.  That can change, but we have to change it.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.
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#16
The spirit of resistance to government is so valuable on certain occasions, that I wish it to be always kept alive. It will often be exercised when wrong but better so than not to be exercised at all. I like a little rebellion now and then. It is like a storm in the atmosphere.
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