More Government Debts and Yet Higher Inflation
- Thread starter RedSun
- Start date
The irony here almost has me laughing. The SAME American politician who canceled the Keystone project, and wiped out a Billion dollars in his FIRST day of office, and pissed off every Canadian who worked years in preparation to help the US in the oil/gas-industry... all those years of effort of construction wiped out.
NOW talks about a 'Build Back Better' plan?
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WAR can be bullish\ but 200day moving average is winning the battle
\build back better with a gas0line tax vacation thru election month +.....
W VA Senator J Mansion said the bbb is dead. West Virginia =almost heaven.Senators Joe Manchin and Kristen Sinema are the only 2 Democrat Senators who really are fighting for what would benefit most Americans, not the special interests promoted by Joe Biden and so called progressive Democrats, Alexandra Ocasio-Cortez, Ilham Omar, Rashida Tlaib, Ayanna Presley. All they want is to give more and more freebies to buy votes and remain in power.
I do not mind the names you mentioned. But I want check & balance. Not one section or one group that will dominate US politics for 4 years. Then another president to office and has another totally different policies. But this is how our democracy works.
If more than 50% approve, gay marriage is legal. Same the abortion etc. But far more than 50% Americans want to ban guns. But those corrupt politicians do not want to pass bills. That is not democracy at all. A fake democracy.
Not sure if this is the way we want all other countries to adopt. It is dangerous to allow all citizens have own guns and free to use them.
I am going to disagree with you on the guns. The problem is all these gun laws on the books but, enforcement on who is charged with the real or even imagined crimes. Look at Kyle Rittenhouse, they threw the book at him. If not for public sympathy and people supporting him financially, he would have wound up in jail and convicted for shooting 3 thugs who tried to kill him. When you take away the guns, politicians will easily take away your rights. Look at Justin Trudeau who took away the truckers rights to protest, freezed their bank accounts, had their trucks towed. Fascism is now the norm. Without guns in the US, politicians will have long taken away all our rights, just like Trudeau did in Canada.
The irony here almost has me laughing. The SAME American politician who canceled the Keystone project, and wiped out a Billion dollars in his FIRST day of office, and pissed off every Canadian who worked years in preparation to help the US in the oil/gas-industry... all those years of effort of construction wiped out.
NOW talks about a 'Build Back Better' plan?
It is Build Back Bullshit plan. Never about improving the lives of Americans but, a giveaway to green energy companies in subsidies in the billions of dollars. Most of it would wind up in the pockets of filthy rich, extreme liberal billionaires. US taxpayers will pay for all of it. I hope Senators Joe Biden and Kyrsten Sinema hold their ground and refuse to back it.
By running up inflation, Joe Biden is following the plan set forth by the International Jewish Conspiracy to bankrupt the White Man and the rest of the heathens out there.
The United States does not borrow. To cover deficits caused by differences between revenue and expenditures it creates new money called "outside money" by economists. Well after the Treasury has spent this new outside money into the economy, the Treasury auctions securities in the amounts of the new money. This gives the appearance of borrowing, and it is why most people incorrectly believe the government borrows to spend. Instead, what is actually happening when the government auctions Securities to the private sector, is an exchange of new outside money for Securities. The Securities may be thought of as an interest paying store of money that is readily convertible to spendable money in the form of bank reserves. Or said another way, when the treasury auctions securities it is, in effect, exchanging one form of money for another. Both forms bear only one type of risk, which is the risk of inflation. Neither form bears any risk of default.