Debt limit will be reached in a few days. Dems still refuse to cut spending.

[Monad Portal]

At least I don't post a meme of the idiot Charlton Heston wearing a cap made years after he was dead.

and how does that buttress your idiot assertions?

 

[NiftyNiblick]

and how does that buttress your idiot assertions?

It admittedly doesn't, other than to differentiate us by my having too much taste to do it.
Some of the most stupid people on this forum use that clip, and I'm talking about people far more psychotic than you.

 

[Monad Portal]

It admittedly doesn't,

thanks for your honesty.

 

[Saint Guinefort]

time to cut that military black budget and corporate bailouts.......

or should we take food from poor people?

GOP voters always support the latter.

 

[Saint Guinefort]

At least I don't post a meme of the idiot Charlton Heston wearing a cap made years after he was dead.

It's hard to tell if Charlton would be a MAGAT or not. He certainly went full-on NRA near the end of his life.

 

[Monad Portal]

GOP voters always support the latter.

keep your poop to yourself, monkey.

 

[Saint Guinefort]

keep your poop to yourself, monkey.

Huh. Seems like you are triggered. Sorry.

 

[Monad Portal]

Huh. Seems like you are triggered. Sorry.

no it doesn't.

 

[NiftyNiblick]

no it doesn't.

Perhaps it does.

Your words are falling flat, so you're going to incongruous pictures, AssHat.

 

[Saint Guinefort]

no it doesn't.

Sure it does. You found the lamest graphic (like super lazy) and posted it and made some incomprehensible screech about monkeys.

 

[Joe Capitalist]

It is way too late to avoid disaster by cutting spending.....we are going to crash and crash hard regardless of what we do now.

Biden had already cut spending, unless you think the Treasury Department is fake News:
BREAKING: Joe Biden scores a HUGE win as the Treasury Department announces that the U.S. federal budget deficit fell from $2.6 trillion to $1.4 trillion in 2022 — proving Democrats are far more fiscally responsible than Republicans with their rich tax cuts.

 

[Text Drivers are Killers]

Ignorant people who don’t understand that we’ve already spent the money, this just pays the bills.

HAHAHA. Hear that everybody?? This moron tranny says it's ABSOLUTELY IMPOSSIBLE to cut spending!!!!

 

[Text Drivers are Killers]

Good point.

The truth is, however, that we're both betting on and riding a dead horse.

Post industrial American is a house of cards. It's essentially a Ponzi scheme or a stock scam. If you make nothing, your economy is based on nothing--it's an illusion and nothing more.

The deindustrialization of America would not have taken place under socialism.
It is entirely a product of American Free Enterprise.

Corporate executives moved their manufacturing overseas for short term profits, and in so doing, effectively brought down our nation.
They had the "FREEDOM" to do so. They had no rules. It was pure American capitalism.

But AssHat, it's too late to worry about globalization now. The horse is out of the barn. America is fucked, and the world knows it.

A single, planet-wide socialist government may be humanity's best chance, now, NOT because it's a good idea but because we may have left ourselves no choice.
And it will probably be Chinese people running it. They seem to be the ones with the brains.
I'm glad that I won't likely live to have to see it.

It's not de-industrialization that destroyed america. It's diversity and the welfare state and illegal aliens. MAWA

 

[Concart]

Raising the debt limit is an acknowledgment of the debt already incurred. Republicans in all cases voted for that debt. TDAK, as usual is just a complete fucking moron. Dumber than a post.

 

[Text Drivers are Killers]

: Joe Biden scores a HUGE win as the Treasury Department announces that the U.S. federal budget deficit fell from $2.6 trillion to $1.4 trillion in 2022 — proving Democrats are far more fiscally responsible than Republicans with their rich tax cuts.

HAHAHA. No one believes that you moron. It's another brazen democrat lie. Dems also tell us men can get pregnant.

 

[Joe Capitalist]

Raising the debt limit is an acknowledgment of the debt already incurred. Republicans in all cases voted for that debt. TDAK, as usual is just a complete fucking moron. Dumber than a post.

It's really amazing TDaK is such a fucking racist moron. I rarely read his posts because they're mostly racist drivel.

 

[Into the Night]

As always the swamp media blames the GOP for not raising the debt ceiling but the real villains are the dems who cause inflation by printing up trillions of dollars in freebies to buy votes.

There is no such thing as a 'debt ceiling'.

Currently, the debt is approx $35.5 trillion. The Oligarchy (the former federal government) spends about $6 trillion a year and collects $4.6 trillion in taxes. About $2.8 trillion of the budget is on just Medicare/Medicaid and Social Security alone...about five times what is spent on defense. The interest on the debt currently runs about $518 billion a year.

In other words, The Oligarchy spends more than it takes in, and what it takes in is a tiny amount compared to the debt. It covers the gap by printing money and issuing MORE debt...mostly by printing money (causing inflation and an eventual cash crash).

Since 1980, the dollar has been devalued to only 7% of it's value. In other words, in general, what costs a dollar today cost only 7 cents in 1980. This inflation is the direct result of printing money faster than wealth being increased due to economic activity.
Confidence in the dollar is waning. People are already looking for another currency to use.

Sources: US Treasury, US Budget Office, Federal Reserve

 

[Into the Night]

time to cut that military black budget and corporate bailouts.......

or should we take food from poor people?

Here you bring up a good point. Everyone has their own favorite thing they want to defund and favorite thing they want to throw money at. In the end, it really doesn't matter. The numbers are what they are. The government is broke.

They can't tax their way out of it. More is owed on the debt than the entire gross domestic product. The debt amounts to approx. $250,000 per taxpayer.

They can't borrow their way out of it. The debt is already $35 trillion and getting larger. Issuing MORE debt is not the solution.

They can't print their way out of it. This action causes devaluation of the dollar. Already people are losing confidence in the dollar and are looking around for another currency. Already, since 1980, the dollar has been devalued to only 7% of it's value
If people settle on another currency, no government can stop it. It will happen suddenly, like switching off the light and going into darkness.

How far are we away from this point? Unknown...but we ARE moving toward it.

 

[Into the Night]

It is way too late to avoid disaster by cutting spending.....we are going to crash and crash hard regardless of what we do now.

I agree. It's only a matter of time.

The crash will be a cash crash. The cash will simply become worthless or next to worthless. Indeed it's already in progress.

Hard assets are king right now. Best place to put your wealth. That will become even more important the longer this crash progresses.

 

[Into the Night]

I hope you're right. Only hope for america is to collapse and start over. First thing we do is MAWA. Bye bye negroz.

Unfortunately, such a collapse will be chaotic and uncontrolled. Such a collapse will see a rise in crime and roaming gangs of bandits. There is no police or army to stop them, other than what local citizens can organize.

Keep yer powder dry!