ronin17
New Member
Im not anti war. Im anti stupid and pointless war Im a firm believer in piece through superior fire power. It reaches a point of absurdity.
MESO-Rx
Anabolic Steroids
Don't worry America
- Thread starter XKawN
- Start date
Medicare is the largest if I remember correctly. I would lose my buzz looking for accurate numbers, but I will do so tomorrow if you're still interested. It's not very encouraging for anti war types like me.
Well you beer swilling night hawks have a great time
Ive got an appointment with iron driven muscular decimation in the AM
Cuz its refeed day tomorrow
AND I DONT WANNA WASTE A GOOD REFEED DAY!!!
Ive got an appointment with iron driven muscular decimation in the AM
Cuz its refeed day tomorrow
AND I DONT WANNA WASTE A GOOD REFEED DAY!!!
ronin17
New Member
We spent 668 billion on 128 diffrent welfare programs last year according to cato institute.
I agree with you. Welfare programs are around 5-6 billion. Pretty fricking high. Defense 6-7 billion. My point was if you take all the spending into consideration
Medicare
Municipalities
Defense
Prisions
Police
Retirement for government officials
Welfare
Education
Its a huge number. Much higher than just entitlements. I dont understand why the first instinct of many is to cut the programs that do the most good. Keeping people alive, healthy, fed etc.
The real problems arnt going to get fixed. We dont make anything here anymore. We used to lead the world in manufacturing. I honestly don't know what the answer is. I've lost all hope in our elected officials though that's for sure.
I agree with you. Welfare programs are around 5-6 billion. Pretty fricking high. Defense 6-7 billion. My point was if you take all the spending into consideration
Medicare
Municipalities
Defense
Prisions
Police
Retirement for government officials
Welfare
Education
Its a huge number. Much higher than just entitlements. I dont understand why the first instinct of many is to cut the programs that do the most good. Keeping people alive, healthy, fed etc.
The real problems arnt going to get fixed. We dont make anything here anymore. We used to lead the world in manufacturing. I honestly don't know what the answer is. I've lost all hope in our elected officials though that's for sure.
Setting aside your conflicting numbers, I would say that government programs are rarely the answer to anything. More often than not they are political responses to fabricated or misrepresented issues.
Consider that the dept of education created around the 1980's has not improved the quality of education in any way, but continues to consume billions every year. It also gives the federal government the means to control much of what is taught in every school in the nation. I can't speak for others, but I would not grant that kind of control over my children to politically motivated people.
Yup
We don't always agree on everything bud but I couldn't agree with you more on this.
I once heard that there is no true revolution only power changing hands. This country is so deeply divided that there is no longer a middle ground. I don't know how many countries could survive what this country is going through now without civil war.
This country is going to see social turmoil and demonstrations in the streets that haven't been seen since the 1960's. Most of the people in this country will not tolerate a Trump presidency quietly. We will not allow social programs that protect the most vulnerable in society to be cut while giving huge tax breaks to the rich at the expense the poor and middle class. I'm one of them.
This country is going to see social turmoil and demonstrations in the streets that haven't been seen since the 1960's. Most of the people in this country will not tolerate a Trump presidency quietly. We will not allow social programs that protect the most vulnerable in society to be cut while giving huge tax breaks to the rich at the expense the poor and middle class. I'm one of them.
Les
New Member
Flip side to that coin is if he is some how screwed out of his chance to take office I don't see any way that ends well for our country.
A left wing liberal revolution with their wine and cheese and their anti gun attitudes violently protesting in the streets vs. right wing conservative revolution with their ar15's and sniper rifles defending democracy. sounds like a comedy to me.
The Swamp Is Winning
December 1, 2016Bill Bonner,
Chairman, Bonner & Partners
BALTIMORE – Judging by the Diary Mailbag (see below), dear readers would like to see a more positive attitude towards the president-elect.
We would like to take a more positive approach; we like wishful thinking as much as anyone.
In particular, we’d like to see Mr. Trump do away with the inheritance tax.
In the meantime, we’re just reporting what we see. And what we see now is a parade of swamp rats making their way to Trump Tower.
Donald vs. the Swamp
Maybe Mr. Trump has some clever strategy…
Maybe he is doing a feint – putting the varmints at ease while he prepares a full assault.
Or maybe he just doesn’t know what to do and finds the rats agreeable.
But so far, in the fight between Donald and the Swamp… the Swamp is winning.
Take this headline from Bloomberg: “Wall Street Wins Again as Trump Picks Bankers, Billionaires.”
The article tells us that less than 24 hours after he was chosen as Trump’s new secretary of the Treasury, Goldman Sachs alum Steven Mnuchin contradicted his boss. Trump says everyone will get a tax cut. Mnuchin says the rich will get nothing.
The Goldman guy (Mnuchin was at the firm for 17 years before starting his own hedge fund) is probably just trying to head off criticism. After all, the last thing the country needs is another Goldman plant in the Treasury lobby. They’re all over the place already.
But we’re not complaining about the swamp critters… or about Donald Trump.
The whole thing continues to be immensely entertaining – so many myths and misconceptions colliding… so many false promises and frauds crashing into one another.
We’re delighted; everywhere we look, we see a train wreck.
Manhattan Messiah
But in Flyover America, people turn their lonely eyes to Mr. Trump.
“Touch us! Heal us!” they wail.
They thought he was the Manhattan Messiah… who has come to give them life, and give it to them more abundantly. They expect him to bring back their jobs… and to make them proud as he makes America great again.
But to do so, he has to “drain the swamp.”
And they must be wondering, as we are, why so many crony insiders amongst the disciples?
The two biggest lizards in the swamp are Wall Street and the military-industrial complex. Yesterday, we saw the celebrations in northern Virginia in full swing. Now they’re setting off fireworks in lower Manhattan, too.
The Parasitocrats seem sure they’ve got Donald in their pocket. The voters still think he’s their man. Someone is going to be disappointed.
Meanwhile, emanating from the Goldman Sachs Tower on West Street, word circulates that “Trump will be good for the Street.”
Mnuchin adds that the Trump tax cuts will double the rate of U.S. growth.
Death Sentence
We wonder if he’s thought this through.
Doubling growth would put pressure on wages. Businesses, suddenly in need of money and people to expand, would bid against one another.
Consumers, with more money in their pockets, would go on a buying spree, too.
Prices would go up. So would bond yields (as bond prices go down in anticipation of higher inflation).
Interest rates generally go up as an expansion intensifies. With today’s rates at a 5,000-year low, where else could they go?
But if interest rates go back to more normal levels, it will be a death sentence to an economy sky high with debt. This economy can survive absurdity but not normality. Again, someone is going to be disappointed.
By our calculation, the U.S. has about $35 trillion more in debt than it should have. It can carry the debt… but only as long as interest rates remain at ultra-low levels. Otherwise, the whole kit and caboodle blows up.
For interest rates to remain so low, Mr. Trump cannot succeed in setting off a sustained and substantial boom. It just doesn’t work that way.
A boom would mean a rout in the bond market… with higher rates that would stop the boom long before it even started.
That’s what the plunge in bond prices since Election Day has been telling us: Even the hope of higher growth rates sends the bond market off the edge.
You can’t have a boom when you have so much debt; you can’t even have a normal economy. You can’t afford it.
Again, someone is going to be disappointed.
Stocks are going up in anticipation of something that won’t happen: a big fiscal stimulus package from the new administration.
When Congress sees the real deficit figures… and the bond vigilantes get on the case… the politicians will balk. Then the gamblers, now betting on big fiscal stimulus measures, will trade their long positions for long faces.
They’ll sell… setting off a rout in the stock market!
Ultimately, the question is not whether there will be a disaster during Mr. Trump’s time in the White House. It’s what kind of a disaster it will be.
A whimper? Or a bang? A Japan-like deflationary bust? Or an Argentine-style inflationary boom? Or both?
December 1, 2016Bill Bonner,
Chairman, Bonner & Partners
BALTIMORE – Judging by the Diary Mailbag (see below), dear readers would like to see a more positive attitude towards the president-elect.
We would like to take a more positive approach; we like wishful thinking as much as anyone.
In particular, we’d like to see Mr. Trump do away with the inheritance tax.
In the meantime, we’re just reporting what we see. And what we see now is a parade of swamp rats making their way to Trump Tower.
Donald vs. the Swamp
Maybe Mr. Trump has some clever strategy…
Maybe he is doing a feint – putting the varmints at ease while he prepares a full assault.
Or maybe he just doesn’t know what to do and finds the rats agreeable.
But so far, in the fight between Donald and the Swamp… the Swamp is winning.
Take this headline from Bloomberg: “Wall Street Wins Again as Trump Picks Bankers, Billionaires.”
The article tells us that less than 24 hours after he was chosen as Trump’s new secretary of the Treasury, Goldman Sachs alum Steven Mnuchin contradicted his boss. Trump says everyone will get a tax cut. Mnuchin says the rich will get nothing.
The Goldman guy (Mnuchin was at the firm for 17 years before starting his own hedge fund) is probably just trying to head off criticism. After all, the last thing the country needs is another Goldman plant in the Treasury lobby. They’re all over the place already.
But we’re not complaining about the swamp critters… or about Donald Trump.
The whole thing continues to be immensely entertaining – so many myths and misconceptions colliding… so many false promises and frauds crashing into one another.
We’re delighted; everywhere we look, we see a train wreck.
Manhattan Messiah
But in Flyover America, people turn their lonely eyes to Mr. Trump.
“Touch us! Heal us!” they wail.
They thought he was the Manhattan Messiah… who has come to give them life, and give it to them more abundantly. They expect him to bring back their jobs… and to make them proud as he makes America great again.
But to do so, he has to “drain the swamp.”
And they must be wondering, as we are, why so many crony insiders amongst the disciples?
The two biggest lizards in the swamp are Wall Street and the military-industrial complex. Yesterday, we saw the celebrations in northern Virginia in full swing. Now they’re setting off fireworks in lower Manhattan, too.
The Parasitocrats seem sure they’ve got Donald in their pocket. The voters still think he’s their man. Someone is going to be disappointed.
Meanwhile, emanating from the Goldman Sachs Tower on West Street, word circulates that “Trump will be good for the Street.”
Mnuchin adds that the Trump tax cuts will double the rate of U.S. growth.
Death Sentence
We wonder if he’s thought this through.
Doubling growth would put pressure on wages. Businesses, suddenly in need of money and people to expand, would bid against one another.
Consumers, with more money in their pockets, would go on a buying spree, too.
Prices would go up. So would bond yields (as bond prices go down in anticipation of higher inflation).
Interest rates generally go up as an expansion intensifies. With today’s rates at a 5,000-year low, where else could they go?
But if interest rates go back to more normal levels, it will be a death sentence to an economy sky high with debt. This economy can survive absurdity but not normality. Again, someone is going to be disappointed.
By our calculation, the U.S. has about $35 trillion more in debt than it should have. It can carry the debt… but only as long as interest rates remain at ultra-low levels. Otherwise, the whole kit and caboodle blows up.
For interest rates to remain so low, Mr. Trump cannot succeed in setting off a sustained and substantial boom. It just doesn’t work that way.
A boom would mean a rout in the bond market… with higher rates that would stop the boom long before it even started.
That’s what the plunge in bond prices since Election Day has been telling us: Even the hope of higher growth rates sends the bond market off the edge.
You can’t have a boom when you have so much debt; you can’t even have a normal economy. You can’t afford it.
Again, someone is going to be disappointed.
Stocks are going up in anticipation of something that won’t happen: a big fiscal stimulus package from the new administration.
When Congress sees the real deficit figures… and the bond vigilantes get on the case… the politicians will balk. Then the gamblers, now betting on big fiscal stimulus measures, will trade their long positions for long faces.
They’ll sell… setting off a rout in the stock market!
Ultimately, the question is not whether there will be a disaster during Mr. Trump’s time in the White House. It’s what kind of a disaster it will be.
A whimper? Or a bang? A Japan-like deflationary bust? Or an Argentine-style inflationary boom? Or both?
ronin17
New Member
Props to trump for keeping carrier in the us. Lets see if its window dressing or something he is consistently going to fight for.
It is time for America to step back and let other countries have their young people die to protect their countries. 15 years is too long. Iraq for instance is a war between sunni and shia. No matter what we do these 2 factions will want to destroy each other. Isis has the support of sunni and Iran has the shia. It's totally fucked up. If there were a government in place that respected both, it would be manageable, but these two factions are mortal enemies. The only solution is to find a way to bring both sides together peacefully, but Isis and Iran don't want peace and the people of Iraq unfortunately live in the war zone.
If a nation threatens America obliterate them and leave, and before we leave we explain it is in their best interest that we never come back.
ranger.danger
Member
I also agree. when Ron Paul ran a couple elections ago i became very involved. i would go banner waving every week!I dig this last part
I would like to see the US move towards isolationism
We need to stop worrying about everyone else and focus on us
ronin17
New Member
I take back what I said about trump.
Carrier is still sending 1300 jobs to mexico. Trump saved 800 jobs by having the taxpayers of indiana mike pences home state pay carrier 7 million dollars. So indiana taxpayers are paying carrier for keeping those 800 jobs here.
That and they are still going to be making the air conditioning units in mexico. And I guarantee he wont be charging them the 35% tarrif he campaigned on.
Lying mother fucker.
Make America great again at the expense of taxpayers. Yay!!!!
Carrier is still sending 1300 jobs to mexico. Trump saved 800 jobs by having the taxpayers of indiana mike pences home state pay carrier 7 million dollars. So indiana taxpayers are paying carrier for keeping those 800 jobs here.
That and they are still going to be making the air conditioning units in mexico. And I guarantee he wont be charging them the 35% tarrif he campaigned on.
Lying mother fucker.
Make America great again at the expense of taxpayers. Yay!!!!
weighted chinup
Member
Mad Dog
