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The national debt just barreled past $23 trillion

 
Anonymous Coward
User ID: 78674984
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03/23/2020 05:03 PM
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The national debt just barreled past $23 trillion
The national debt just barreled past $23 trillion

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Anonymous Coward
User ID: 78674817
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03/23/2020 05:06 PM
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Re: The national debt just barreled past $23 trillion
Trump's not doing a good job afterall.
Anonymous Coward
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United Kingdom
03/23/2020 05:07 PM
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Re: The national debt just barreled past $23 trillion
The national debt just barreled past $23 trillion

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 Quoting: Anonymous Coward 78674984


What entity do Governments get loans from?
@MoonPie

User ID: 28698215
United States
03/23/2020 05:08 PM

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Re: The national debt just barreled past $23 trillion
There it goes...barreling by...

byekitty
“Shallow men believe in luck or in circumstance. Strong men believe in cause and effect.” – Ralph Waldo Emerson

“Three great forces rule the world: stupidity, fear and greed.” — Albert Einstein.

"Truth does not mind being questioned. A lie does" — Janis Ian
Anonymous Coward
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03/23/2020 05:09 PM
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Re: The national debt just barreled past $23 trillion
trillion here
trillion there
trillions everywhere

a trillion over here
a trillion over there

trillion here
trillion there
trillions everywhere

how much do politicians keep?
Anonymous Coward (OP)
User ID: 78674984
United States
03/28/2020 02:55 PM
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Re: The national debt just barreled past $23 trillion
Wow.

Do people try to escape prisons or break into prisons?

Why have free college if a higher income will mean that the government will collect more taxes to pay for wars, debt, and tyranny? Why have free college if the NSA will read the papers you write? Why have free college if a higher income can be used to buy a car and mobile phones that will be tracked by the government?

People shut down down in police states because everything is illegal.

Tyranny means that you lose personal responsibility.

You wouldn't kill a kid on your own, but you would if the Gestapo told you to and you wouldn't feel any remorse because you were just following orders.

In a free country, people care for their property, but the government owns everything in a police state.

In a free country, your success is yours and you can criticize the government. Your success in a police state belongs to the government and you can't criticize the state.

In a free country, starving would be your fault. The government gives you welfare in a police state, but no one will be responsible if you die.

In a free country, people are kind and honest. People in a police state are rude, mistrusting, and must bribe and look for loopholes to do anything. No one wants to give donations in a police state because taxes are high. Why be polite in a police state since workers don't own businesses and jobs are given to them by the government?

Free countries have morals because there are chuches. Police states do not have religions.

People in a free country care for their health because medical costs might be expensive. People in police states don't care about their health because medical care is free.

The news is honest in a free country because the media have a vested interest in being accurate. The government owns the press in police states and will just tell you want they want you to hear.

In free countries, people must pay for their mistakes. In police states, no one is responsible for anything.
Anonymous Coward
User ID: 78246779
Germany
03/28/2020 02:56 PM
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Re: The national debt just barreled past $23 trillion
hesright

Trillion more or less, 23 thousand billions, it's just numbers right
Anonymous Coward (OP)
User ID: 78674984
United States
03/28/2020 02:58 PM
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Re: The national debt just barreled past $23 trillion
The elites destroyed the US with wars, debt, and tyranny. Now the globalists are praised as heroes for increasing the debt to fund bailouts.

The ruling powers placed Americans under house arrest to kill the economy and then made Americans dependent on welfare.

Fuck.
Anonymous Coward
User ID: 35182513
United Kingdom
03/28/2020 02:59 PM
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Re: The national debt just barreled past $23 trillion
Doesn't all this stimulus money go onto your debt ?

If so you can add another maybe 10 TRILLION !!!
Anonymous Coward
User ID: 78069180
Switzerland
03/28/2020 03:00 PM
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Re: The national debt just barreled past $23 trillion
America is now Communist and Trump is your dictator.
SyncAsFunk

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03/28/2020 03:01 PM
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Re: The national debt just barreled past $23 trillion
But ComradeZ! Remain calm!

teylovyu
Some Will. Some won't. So.......
Anonymous Coward
User ID: 77994583
United States
03/28/2020 03:03 PM
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Re: The national debt just barreled past $23 trillion
What is a few trillion more going to matter?
Anonymous Coward
User ID: 78069180
Switzerland
03/28/2020 03:05 PM
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Re: The national debt just barreled past $23 trillion
What is a few trillion more going to matter?
 Quoting: Anonymous Coward 77994583


The problem is that the FED is now allowed to accept hard assets from the Treasury department as collateral for liquidity. This has never been done before and is bad fuckin news. It used to be illegal for a reason.
Anonymous Coward
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03/28/2020 03:09 PM
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Re: The national debt just barreled past $23 trillion
The national debt just barreled past $23 trillion

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 Quoting: Anonymous Coward 78674984


What entity do Governments get loans from?
 Quoting: Anonymous Coward 72234219


Good question. There are about 28 'primary dealers' that attend the federal reserve's bond auctions that auction off new debt issued by US treasury.

Some of these banks are foreign banks, most are commercial US banks. To purchase any new bond at an auction, the bank must use 'federal reserve credit'. The get the federal reserve credit the banks have to post AAA collateral, so they post the bonds they are going to buy at the auction as the collateral.

You might say, that's like a Ponzi scheme. I would say, yes it is.
Anonymous Coward
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United States
03/28/2020 03:22 PM
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Re: The national debt just barreled past $23 trillion
Add 2 more from yesterday
Anonymous Coward
User ID: 63927796
United States
03/28/2020 03:33 PM
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Re: The national debt just barreled past $23 trillion
Three hundred and fifty million of it is going to help the illegals / "migrants" and "refugees" just so you know. I'm sure there will be more interesting things in the bill revealed.

"Senate Coronavirus Bill Includes $350 Million For Migrants And Refugees"
[link to www.informationliber...]

Is anyone "tired of winning" and having Mexico not pay for the wall as promised it would?
Anonymous Coward (OP)
User ID: 78674984
United States
03/30/2020 01:20 PM
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Re: The national debt just barreled past $23 trillion
Something epic is happening.

911, the 2008 recession, this virus, wars, debt, and tyranny has led to economic collapse.

The US was fragile before this outbreak, but now the elites have destroyed the USA with a sledgehammer by increasing the debt.

Soon the USA will become Communist, Civil War 2.0 will break out, and the US will start WWIII with China, Russia, Iran, and North Korea to distract Americans. There will be no winners. The world will be reduced to rubble.

This must feel like Ancient Rome did in 466, the US did in 1851, Germany in 1932, or the Soviet Union did in 1985.

One good thing about living in a police state is that you might feel braver because everything is illegal and everyone is a criminal. You have nothing left to lose. If you can break one law, breaking another law is easy.

Soon lone wolves attacks will become militias and militias will become armies.

The only way to restore the USA is to let it burn.
Anonymous Coward
User ID: 77201993
United States
03/30/2020 01:20 PM
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Re: The national debt just barreled past $23 trillion
Numbers are meaningless now

Don't think

OBEY

THEY LIVE
Anonymous Coward (OP)
User ID: 78674984
United States
03/30/2020 01:57 PM
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Re: The national debt just barreled past $23 trillion
The elites destroyed the US with wars, debt, and tyranny. Now the globalists have exaggerated a virus to kill the economy. You are not allowed to work or start a business and your welfare will be cut if you protest.

The huge debt that the ruling powers are creating to deal with the economic collapse will lead to hyperinflation. ATM machines, Internet, water, and electricity will be shut off. The US dollar will be devalued and become worthless. Your $100,000 retirement account will become worth $1000 and bread will cost $100 per loaf. Your property will be taken through huge tax increases and fees.

The US will start WWIII with China, Russia, Iran, and North Korea to distract Americans.

The US is committing suicide.

The USA will have a civil war in 10 years. Soon you will see starving gangs and roving mobs of looters. The US will soon see the Gestapo shooting Americans in the back. Concentration camps will open and Americans will be pushed into gas chambers and ovens.

Anyone who has ever read a history book can tell you what will happen.

Save yourself.

Get out of the US immediately.





GLP