62 Comments
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donny diamond's avatar

Look at the numbers:

U.S. national debt: Over $40 TRILLION.

Annual interest payments: Over $1 TRILLION.

Dollar purchasing power: DOWN 97% since 1913.

Every single economic disaster of the past century—from the Great Depression to 2008’s financial collapse to today’s inflation crisis—can be traced back to the Federal Reserve’s reckless policies.

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CryptoGuy's avatar

Why is the Fed still in place? #ENDTHEFED that's the problem. All the cuts is to fund the tax cuts for the top 10%. The system has been broken still 1913

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Billy Jack Galt's avatar

And that is just our national credit card...... we also have 100s of trillions of unfunded entitlements as an adjustable rate mortgage. Madness.

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CryptoGuy's avatar

Plus the derivative market that no one talks about!

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Billy Jack Galt's avatar

But they should have nightmares about it.

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linda's avatar

Still spending from the Biden budget. We probably won’t see impact of current cuts until possibly next year.

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Bob's avatar

Well, right now the DOGE site says they have saved $105 Billion. If we are overspending $2 Trillion a year, that's barely made a dent. https://doge.gov/savings

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liz's avatar

And they have cause quite a ruckus and impacted so many lives.

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Gregory Brinkley's avatar

Rightly So...

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Justin Wickham's avatar

You can cut it down to zero and it will still implode because of the exponentially expanding existing debt

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a2538392909's avatar

But,addiction always has the same ending.Crash and burn

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Bob's avatar

Interesting. But what I don't understand, is if you go the US Treasury's website, Debt to the Penny, the total ouststanding debt has barely moved since, ironically, Trump took office. Check it out.

https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny

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Tom's avatar
Mar 13Edited

But it's Thomas Massie's fault. I said when Trump was running for office if he really cared to make America great again Massie would be vice pres.

This is the kind of fake stuff you get when all of your politicians are bought and blackmailed.

Yes including the head clown running the circus.

All Americans need to wake up from the psychological warfare that they have been put thru and see the real light. People are so psyoped it's not funny anymore.

Come on man corn pop was a bad dude

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David Becker's avatar

If you could count to 1 trillion dollars 1 number a second it would take almost 32,000 years!!

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gary atkinson's avatar

Even longer if you count backwards.

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Robert Park (Photographer)'s avatar

Yes, there was $925 Billion in treasuries and bonds that renewed by the end of February 2025. The most in history. The economy is a timebomb with even higher rollovers in the next 3 yrs. They knew this was coming.

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Marc Abramsky's avatar

Now (as a Canadian) if I am not mistaken didn't Cheney say (back in the Bush Jr administration) "debt doesn't matter"? The can has been kicked so far down the road since then, one might question, "why does it all of a sudden matter now"? I mean didn't Japan show the way with a debt to GDP ratio of close to 300 and still rising? They haven't gone broke? Their money is still accepted world wide? Hmmmm.....could there be something else at play here? The time to do something about the debt was when it was at maybe 1 billion. Not 36 trillion where it is unpayable. You would do well to research how well tariffs have worked in the past and what happens when you implement the sorts of policies the Orange Messiah is trying to do. The great depression is a very good example. Cheers. Love you all.

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Roman's avatar

Dick Cheney is an arrogant, ignorant dick. Just look at his useless eater daughter. The whole family is garbage. Him and the bush monkey from Texas screwed America like no one else in recent history.

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Doug Youngman's avatar

... genocidal maniacal war-profiteering Neocon - right up there with Fauci.

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Ray's avatar

Sure did.

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BooBoo's avatar

Trump!

Yes Trump has done some good things in a short time but he is a corrupt lying con man and is full of shit, he said that he wants to make Canada the the 51st state cuz Canada has poor health care and the US has the best health care in the world.

If the US has better health care then Canada why did DR Rand Paul come to Canada for his hernia surgery? nobody in Canada has ever gone bankrupt cuz of a health care issue but in the US the No 1 personal bankruptcy is from a health issues.

And nobody in Canada has died waiting for surgery but Trump and your corrupt lying politicians say they have.

And this is our Canadian response to Trump...Fuck Off

https://www.abi.org/feed-item/health-care-costs-number-one-cause-of-bankruptcy-for-american-families

https://www.politico.com/story/2019/01/14/rand-paul-canada-surgery-neighbor-attack-1099485

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F Penn's avatar

OK, first article is from before Trump took office in his first term.

Medical bills are no longer reported to credit agencies.

Second article is by politico, a crappy biased liberal rag, about a specific situation not applicable to the general population.

But you picking and choosing examples that allow you to vomit your hatred towards my president makes you a bitter little prick.

I believe it's time for you to concern yourself with your commie politicians and eroding loonie and GFY.

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BooBoo's avatar

The truth hurts most of the dumbed down brainwashed Americans and you are on that list!

Maybe you should do some research before you post.

https://www.usnews.com/news/national-news/articles/2019-01-14/sen-rand-paul-to-have-surgery-in-canada

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Leo Winesett's avatar

Good response/rebuttal,BooBoo.

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F Penn's avatar

Yeah, a specific situation not applicable to the general population.

Far more Canadians seek medical treatment in the US than Americans in Canada. Americans may do some medical turism in Canada because hernia surgery in Canada is cheaper, not better.

About your other statement, that is called projection and all libs do it. You're a predictable commie, that's all. Don't forget to GFY!

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BooBoo's avatar

And here you go again posting crap without doing any research.

Shouldice Hospital in Ontario, Canada is considered a world leader in hernia repair. It's the only hospital in the world that's exclusively dedicated to hernia repair, and people from all over the planet go to Shouldice not because it is cheaper, they go there cuz it is the best but you are to dumb and brainwashed to know this....

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BooBoo's avatar

Welcome to your America there F Penn!

A significant percentage of adults in the United States have low literacy rates, which can lead to a number of issues.

Literacy statistics

54% of adults in the US have literacy below a 6th grade level

28% of adults scored at or below Level 1 in 2023

44% of American adults do not read a book in a year

3 out of 4 people on welfare can't read

20% of Americans read below the level needed to earn a living

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Marc Abramsky's avatar

Thank you. Great read. I was unaware of this although I am not surprised. Best wishes.

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BooBoo's avatar

You are welcome my Canadian friend....Eh.....

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donny diamond's avatar

WHY DO YOU THIN K THE CAR MARKET IS DYING? RESTAURANTS ARE CLOSING & PEOPLE ARE LIVING OFF OF CREDIT CARDS AND PEOPLE CAN NOT PAY MORTGAGES -ITS ALL COMING DOWN WORSE THAN WHEN LEHMAN BROTHERS WENT UNDER ----

ITS LIKE A BOAT WITH A HUGE WHOLE AND THE BALLAST PUMPS CAN'T EMPTY THE WATER

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Doug Youngman's avatar

... the monkeys are wildly pulling levers - as politicians polish their knobs.

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Ray's avatar

Titanic was “unsinkable”.

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Tom Plesser's avatar

Nothing surprises me. Both sides of the aisle won't stop. They are already spending other's money which is no longer there.

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Mike Edwards's avatar

Print or die.

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Tony Nobaloney's avatar

Yep. The late great Richard Russell always said..."inflate or die".

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Doug Berry's avatar

A billion here, a billion there, pretty soon we're talking real money - Everett Dirkson. As you can see, things haven't gotten any better 🤡

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C Houde's avatar

When you are owed money, it's very valuable.

When you owe money, it's only numbers.

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Itzo's avatar

Well, they have to take down this economy to replace it with another ponzi scheme, that is why no action is taken to prevent any of that

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Doug Youngman's avatar

So you're saying Texas is joining BRICS nations?

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C. Scott Morgan's avatar

The debt can never be paid off either way. If you borrow money from the FED say at 2% interest-keeping it simple, for every $100 dollars you borrow you have to pay back $102! How do you pay back $102 dollars when you only have $100 in circulation?

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liz's avatar

Hi Greg, With all the firing of federal employees and canceling of leases and contracts - doesn't that help reduce the deficit? There was a 6 month CR and not its back down to 30 day CR. That will reduce costs too.

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