After just pushing through a 6 trillion stimulus package that was marketed as 2 trillion direct bail out for main street and 4 trillion in new loans for wall st, Trump is back at it again with another 2 Trillion of new debt request in order to build out infrastructure. Driving his decision is the fact that interest rates are near zero still.
Folks, this is now up to 8 trillion in either new debt or money printing, your choice. It is NOT going to be funded by taxation and in fact negative taxation is now in progress (that is what the mailing of checks to Americans actually is).
Well Trump, might as well double dip into the candy bowl because soon enough the suckers loaning us this cash are going to throw in the towel and demand higher interest rates. And when they do he is going to respond exactly in the way he said he would respond during his campaign: our creditors are going to have to take a haircut.
In truth they should just stop lending us money right now because we cannot repay what we have already borrowed. I fear that the deeper in debt we go, the more likely the bill will be settled by WW3.
Tuesday, March 31, 2020
TX gov Abbott laughs in the face of leftists, siding with Trump
Gov Abbott increased the lock down period until April 30 for pretty much everyone and everything. That is everything except hunting fishing and the design, manufacture, distribution and sale of firearms and ammo!! This is just hysterical! How can such an exception make any sense AT ALL. Do we need guns and ammo in order to fight covid? It's not that kind of war folks!
But in a way it is because liberals see crisis as an opportunity right along the lines of their creative destruction doctrine. So in any crisis you not only have to battle the actual crisis, but also the asshole leftists who pop up trying to take advantage of the situation. So yes, this is a war against hyper liberalism, AKA leftism.
Ridiculous sounding edicts per below are actually not ridiculous at all. This is how those in power send a strong message of confidence to an increasingly conservative audience that leftist attacks on the fundamental thing that actually makes Americans "exceptional" (the government - acknowledgement of and protection for the people's G_d given right to keep and bear arms) are being shouted down forcefully by those running the show.
Making these kinds of specific exceptions sends the message that guns are central to the American culture and way of life, and not just for hunting. Congrats Greg Abbott, hats off to you for poking the fuckers in the eye like this. Nancy P must be having a very bad month.
But in a way it is because liberals see crisis as an opportunity right along the lines of their creative destruction doctrine. So in any crisis you not only have to battle the actual crisis, but also the asshole leftists who pop up trying to take advantage of the situation. So yes, this is a war against hyper liberalism, AKA leftism.
Ridiculous sounding edicts per below are actually not ridiculous at all. This is how those in power send a strong message of confidence to an increasingly conservative audience that leftist attacks on the fundamental thing that actually makes Americans "exceptional" (the government - acknowledgement of and protection for the people's G_d given right to keep and bear arms) are being shouted down forcefully by those running the show.
Making these kinds of specific exceptions sends the message that guns are central to the American culture and way of life, and not just for hunting. Congrats Greg Abbott, hats off to you for poking the fuckers in the eye like this. Nancy P must be having a very bad month.
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