tag:blogger.com,1999:blog-2992740250270600844.post429184391174641224..comments2024-03-24T05:26:32.964-07:00Comments on Advancing Time: National Debt Exploding Is A Fraud Cast Upon Us AllBruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-2992740250270600844.post-31773844666388605972019-08-04T12:08:32.772-07:002019-08-04T12:08:32.772-07:00So now it is August of 2019, we have had two mass...So now it is August of 2019, we have had two mass shootings in the last couple of days, and this year alone almost a million illegal immigrants have come into our country.. I hear no one talking about the debt or balancing the budget; it is a non issue for any of the "presidential candidates" ! How is this going to end ? Why isn't Trump closing the Borders or doing whatever he needs to do to stop the invasion of people from 40 plus countries coming here not knowing who the hell is in our country literally!?? What am I missing?? HELP me understand this please.. Anonymoushttps://www.blogger.com/profile/14098851881852494519noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-77985867392440130902019-06-15T05:34:18.548-07:002019-06-15T05:34:18.548-07:00Unfortunately Shelia requires a few years in econo...Unfortunately Shelia requires a few years in economics lessons. Just ignore here. She doesn't even understand that the money printing is the biggest tax of all. How sad.NAPmanhttps://www.blogger.com/profile/03169141784030888160noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-72114330362205151112019-04-26T03:12:08.477-07:002019-04-26T03:12:08.477-07:00Our payments in don't cover the cost of our pr...Our payments in don't cover the cost of our promised benefits. For example, social security was a Ponzi scheme at the outset.<br /><br />"Raise taxes on the RICH" -- it's far worse than that. Forget the 1%. Let's take 100% of all income and assets from every household earning over ~$100,000. That's the top 20%. Even if we did such a ridiculous thing... even that is NOT enough to cover the cost of the benefits already signed into law.<br /><br />Multi-trillion endless war and military budget is tiny in comparison to the entitlements. And military is something we in theory could just stop paying for. But the entitlements are legally promised forever.<br /><br />MrPetehttps://www.blogger.com/profile/11889531760730800867noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-79895223631702366672018-12-12T08:21:52.876-08:002018-12-12T08:21:52.876-08:00ALL YOU NEED TO KNOW ABOUT THIS SYSTEM, JUST NOTHI...ALL YOU NEED TO KNOW ABOUT THIS SYSTEM, JUST NOTHING BUT A PONZI SYSTEM FOR THE BANKING SYSTEM.Anonymoushttps://www.blogger.com/profile/09830856336122402407noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-2562948660748294082018-11-05T01:19:19.246-08:002018-11-05T01:19:19.246-08:00its funny the military is quick about getting the ...its funny the military is quick about getting the money you owe them but slow as hell on getting you money that they owe to you..im sure youll eventually learn that. your SSLI or SGLI wont show up as a debt payment it will show up in the same column as the debt payment but its not your debt payment <br /><br /><a href="http://marketnews.gr/category/cosmopolitics/2" rel="nofollow">τα τελευταια νεα τωρα</a>EleazarStarkhttps://www.blogger.com/profile/11164525879515251032noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-56775328147078384052018-10-16T03:03:30.457-07:002018-10-16T03:03:30.457-07:00i hope this isnt a silly question, but ive never a...i hope this isnt a silly question, but ive never actually received a satisfactory answer to it, so here goes.<br /><br />Who is this debt due to. And WHY do they keep giving more debt. Whoever 'they' are, must surely be wondering if they are ever going to see any of this debt paid back? I know if i owed my buddy $1,000, and he was broke and asked me for another $10,000, Id be dubious about his ability to pay me back?!? <br />Secondly, what are the chances and/or repurcussions of simply, not paying back the debt. Of waking up 1 weekend, and saying, ye're not getting it back - tough.<br />(In my head, this is the only way this can end up, am i completely daft?)<br />Thanks in advance. Robhttps://www.blogger.com/profile/07851893839167258621noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-72949934287857743602018-10-05T13:47:21.645-07:002018-10-05T13:47:21.645-07:00While prices for debt rose (and rates fell), for e...While prices for debt rose (and rates fell), for every dollar borrowed, two dollars in wealth came into being: ONE cascaded through the GDP economy when it was spent. A SECOND came into being as an asset, a "receivable" on the bondholder's balance sheet.<br /><br />Two for one! What genius thought of it?!<br /><br />(sarcasm). It was an artifact of a bond bull market, one that by all appearances ended in 2016. While it ran, the quantity of debt issued had no limit. And an OCEAN of bonds was filled.<br /><br />As bonds were issued, they amplified economic activity in one industry after another. The new jobs in those industries yielded income, and savings. The savings largely found its way back into DEMAND for BONDS!! What a great Ponzi scheme.<br /><br />Each dime of all that debt is someone's asset. Pensions are a form of debt. Promised entitlement spending is a form of debt. All told, the amount of future cash flows promised is truly unimaginable. <br /><br />If rates continue higher (no group of men can control the largest market on Planet Earth, the Debt Market) eventually we'll hit our Minsky Moment, when debt-holders stop worrying about return ON their money and begin to worry about return OF their money (h/t to Bob Prechter.) If it sets off a stampede, bond values will collapse, along with all the pensions, wealth and entitlements promised.<br /><br />Paradoxically, surviving claims on dollars should rise in purchasing power during that period, same as a dollar bought 9 times more DJIA in 1932 than it did in April 1930.dc.sunsetshttps://www.blogger.com/profile/08826161742700965939noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-38553294275842181152018-08-04T21:17:37.013-07:002018-08-04T21:17:37.013-07:00Right. According to Fauxcahontas and Bernie, all w...Right. According to Fauxcahontas and Bernie, all will be paradise per your calculations. Uh oh, did we forget the gubmint printing tens of trillions of toilet paper $$$. No inflation either. Cut gubmint personnel in half (pensions shrink). Stop foreign "aid". Stop funding the UN. Close many offshore military bases. Cut the pers. armed forces 25%. Cap all all capital spending and taxes<br />in every state and locality therein. End "student loans". Stop all illegal immigration aid and payments of any sort. And ,and and , the list is too long. Corporations don't "pay taxes". Any taxes levied are considered "costs of doing business" and are simply recovered by raising the prices of any products or services provided by the corporation. Please. Wake up sweetheart. Bob Hhttps://www.blogger.com/profile/01627451659222463315noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-39596405336770272292018-08-01T15:17:30.403-07:002018-08-01T15:17:30.403-07:00Entitlements? We PAID into those "entitlement...Entitlements? We PAID into those "entitlements"! <br />We need to raise taxes on the RICH that's where most of the wealth is now ending up.<br />I don't think "entitlements" is the biggest problem, what about the multi-TRILLION dollar endless WAR & MILITARY budget? <br />What about that billion dollar tax cuts for the RICH Trump got passed? <br />What about giving our tax dollars to those big, RICH farmers?<br />How come it's always the poorest, weakest, most vulnerable people who get the cuts & not the richest?<br /><br />END all those unjust, illegal & immoral WARS, close most of our overseas, unwanted military bases, raise taxes on the rich & big, successful corporations who aren't now paying taxes & watch the deficit go away.Sheilahttps://www.blogger.com/profile/00016705065672424603noreply@blogger.com