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US debt hits $26.5 trillion

 
Anonymous Coward
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07/14/2020 03:56 AM
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Re: US debt hits $26.5 trillion
Trump has added as much debt as Obama did.

Obama did it over eight years.

Trump did it in three and a half...
Anonymous Coward
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07/14/2020 03:58 AM
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Re: US debt hits $26.5 trillion
Trump has added as much debt as Obama did.

Obama did it over eight years.

Trump did it in three and a half...
 Quoting: Anonymous Coward 78458309


[link to ibb.co (secure)]
Anonymous Coward
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07/14/2020 04:00 AM
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Re: US debt hits $26.5 trillion
Trump has added as much debt as Obama did.

Obama did it over eight years.

Trump did it in three and a half...
 Quoting: Anonymous Coward 78458309


[link to ibb.co (secure)]
 Quoting: Anonymous Coward 78458309


What’s the next four years under Trump gonna look like?

Keep telling yourselves that he’s a great business man...
Anonymous Coward
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07/14/2020 04:00 AM
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Re: US debt hits $26.5 trillion
 Quoting: Anonymous Coward 78540093

You're missing part of the equation. When the Fed creates money out of thin air and loans it to the federal government, the loans get sold to investors and US pays them them the interest on that. All of this debt out there has someone on the other end holding the IOU from the USA. That has to be paid unless the US defaults on it's debt..


According to the book - NONE DARE CALL IT CONSPIRACY by Gary Allen

[link to www.resist.com (secure)]


"Most government bonds, except those owned by the government itself through its trust funds, are held by vast banking firms known as international banks."

So what do these authors believe in regard to how International Banks control this world:

Some excerpts from NONE DARE CALL IT CONSPIRACY:

"The public is led to believe that our government borrows from "the people" through savings bonds. Actually, only the smallest percentage of the national debt is held by individuals in this form. Most government bonds, except those owned by the government itself through its trust funds, are held by vast banking firms known as international banks. For centuries there has been big money to be made by international bankers in the financing of governments and kings. Such operators are faced, however, with certain thorny problems. We know that smaller banking operations protect themselves by taking collateral, but what kind of collateral can you get from a government or a king? What if the banker comes to collect and the king says, "Off with his head"? The process through which one collects a debt from a government or a monarch is not a subject taught in the business schools of our universities, and most of us-never having been in the business of financing kings-have not given the problem much thought But there is a king-financing business and to those who can ensure collection it is lucrative indeed."

"Economics Professor Stuart Crane notes that there are two means used to collateralize loans to governments and kings. Whenever a business firm borrows big money its creditor obtains a voice in management to protect his investment. Like a business, no government can borrow big money unless willing to surrender to the creditor some measure of sovereignty as collateral."

Comment: Now this loss of sovereignty happened a long time ago.. so the foothold in governments are already established.

"Since the keystone of the international banking empires has been government bonds it has been in the interest of these international bankers to encourage government debt. The higher the debt the more the interest. Nothing drives government deeply into debt like a war; and it has not been an uncommon practice among international bankers to finance both sides of the bloodiest military conflicts. "

(Comment: Perhaps war is no longer the mechanism that drives governments into the deepest debt. Other mechanisms have surpassed it!)

"But while wars and revolutions have been useful to international bankers in gaining or increasing control over governments, the key to such control has always been control of money. You can control a government if you have it in your debt; a creditor is in a position to demand the privileges of monopoly from the sovereign."

"Money-seeking governments have granted monopolies in state banking, natural resources, oil concessions and transportation. However, the monopoly which the international financiers most covet is control over a nation's money. Eventually these international bankers actually owned as private corporations the central banks of the various European nations. The Bank of England, Bank of France and Bank of Germany were not owned by their respective governments, as almost everyone imagines, but were privately owned monopolies.."

"Under this system, observed Reginald McKenna, President of the Midlands Bank of England: "Those that create and issue the money and credit direct the policies of government and hold in their hands the destiny of the people." "



The book NONE DARE CALL IT CONSPIRACY is based on the very important book: Tragedy_and_Hope by Carroll Quigley

[link to www.carrollquigley.net]
the one
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07/14/2020 05:41 AM
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Re: US debt hits $26.5 trillion
Its a number has no meaning unless you give it energy.
Anonymous Coward
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07/14/2020 06:06 AM
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Re: US debt hits $26.5 trillion
I_AM_AN_ILLITERATE_RACIST
Anonymous Coward
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07/14/2020 06:07 AM
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Re: US debt hits $26.5 trillion
plenty more where that came from i.e. nowhere
Anonymous Coward
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07/14/2020 06:10 AM
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Re: US debt hits $26.5 trillion
How’s that working out for you?
 Quoting: Anonymous Coward 79144886


We gonna make China wipe the debt in reparations for wuhan flu.
Anonymous Coward
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07/14/2020 06:12 AM
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Re: US debt hits $26.5 trillion
Pay it off with colonial scrip.
Anonymous Coward
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07/14/2020 06:13 AM
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Re: US debt hits $26.5 trillion
or trillion dollar aluminum coins.
Anonymous Coward
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07/14/2020 06:17 AM
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Re: US debt hits $26.5 trillion
prick the bubble baby abduct
Anonymous Coward
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07/14/2020 06:19 AM
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Re: US debt hits $26.5 trillion
money is fake and central banks are fake.
Anonymous Coward
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07/14/2020 06:23 AM
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Re: US debt hits $26.5 trillion
You can print more and more. Who prevents?
 Quoting: Anonymous Coward 79145059


No one! We have the absolute right to create money out of thin air...
 Quoting: BRIEF


and where do you think that printed money goes?

directly to the banks.
Anonymous Coward
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07/14/2020 06:23 AM
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Re: US debt hits $26.5 trillion
You can print more and more. Who prevents?
 Quoting: Anonymous Coward 79145059


No one! We have the absolute right to create money out of thin air...
 Quoting: BRIEF


and where do you think that printed money goes?

directly to the banks.
BRIEF

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07/14/2020 06:23 AM

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Re: US debt hits $26.5 trillion
money is fake and central banks are fake.
 Quoting: GodSoLovedTheWorld_JESUSISLORD


Our entire existence is fake, in that it contains 99.99% empty space...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
FeedYourHead

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07/14/2020 06:28 AM

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Re: US debt hits $26.5 trillion
How’s that working out for you?
 Quoting: Anonymous Coward 79144886


There is no such thing as "US Debt". If you think there is I have one simple question for you, IF we were to write a check today to pay off this "debt" precisely who would we make that check payable to?
Ask Alice when she's 10ft tall

This is a battle for the future of civilization. If free speech is lost even in America, tyranny is all that lies ahead. Elon Musk
Anonymous Coward
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07/14/2020 06:30 AM
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Re: US debt hits $26.5 trillion
money is fake and central banks are fake.
 Quoting: GodSoLovedTheWorld_JESUSISLORD


i'm off my track
keep your hands off my stack.
MONEY
it's a hit
don't give me that good
bullshit.
 Quoting: Anonymous Coward 78996287


Money was created to enslave mankind, just read the Word of God, it's in the underlines. In the early church they had no money, if everyone did what Jesus said, everything crumbles.


Here:
14 And when they were come, they say unto him, Master, we know that thou art true, and carest for no man: for thou regardest not the person of men, but teachest the way of God in truth: Is it lawful to give tribute to Caesar, or not?

15 Shall we give, or shall we not give? But he, knowing their hypocrisy, said unto them, Why tempt ye me? bring me a penny, that I may see it.

16 And they brought it. And he saith unto them, Whose is this image and superscription? And they said unto him, Caesar's.

17 And Jesus answering said unto them, Render to Caesar the things that are Caesar's, and to God the things that are God's. And they marvelled at him.

Mark 12:14-17

The money suply has nothing to do with nature that freely gives, money is distributed in the cities to enslave the countryman. It is NEVER NEVER distributed in the same manner to the farmers, because that would destroy the power of the cities over countryside.
Anonymous Coward
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Portugal
07/14/2020 06:34 AM
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Re: US debt hits $26.5 trillion
Also here, in the Lord's prayer:


Matthew 6:9–13 (ESV)

"Pray then like this: 'Our Father in heaven, hallowed be your name. Your kingdom come, your will be done, on earth as it is in heaven. Give us this day our daily bread, and forgive us our debts, as we also have forgiven our debtors. And lead us not into temptation, but deliver us from evil.'"


If you open your eyes you will see money as DEBT towards some other person (either goods or services), and it says if you don't forgive their debts God won't forgive ours. I think this has both Spiritual and also Material meaning. And it requires someone to be dead to this world to understand this.
Anonymous Coward
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United States
07/14/2020 06:34 AM
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Re: US debt hits $26.5 trillion
How’s that working out for you?
 Quoting: Anonymous Coward 79144886


There is no such thing as "US Debt". If you think there is I have one simple question for you, IF we were to write a check today to pay off this "debt" precisely who would we make that check payable to?
 Quoting: FeedYourHead


an accounting firm is needed to do this.
bond, notes, Treasuries, OH-MY!
bond, notes, Treasuries, OH-MY!
Anonymous Coward
User ID: 78996287
United States
07/14/2020 06:35 AM
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Re: US debt hits $26.5 trillion
money is fake and central banks are fake.
 Quoting: GodSoLovedTheWorld_JESUSISLORD


i'm off my track
keep your hands off my stack.
MONEY
it's a hit
don't give me that good
bullshit.
 Quoting: Anonymous Coward 78996287


Money was created to enslave mankind, just read the Word of God, it's in the underlines. In the early church they had no money, if everyone did what Jesus said, everything crumbles.


Here:
14 And when they were come, they say unto him, Master, we know that thou art true, and carest for no man: for thou regardest not the person of men, but teachest the way of God in truth: Is it lawful to give tribute to Caesar, or not?

15 Shall we give, or shall we not give? But he, knowing their hypocrisy, said unto them, Why tempt ye me? bring me a penny, that I may see it.

16 And they brought it. And he saith unto them, Whose is this image and superscription? And they said unto him, Caesar's.

17 And Jesus answering said unto them, Render to Caesar the things that are Caesar's, and to God the things that are God's. And they marvelled at him.

Mark 12:14-17

The money suply has nothing to do with nature that freely gives, money is distributed in the cities to enslave the countryman. It is NEVER NEVER distributed in the same manner to the farmers, because that would destroy the power of the cities over countryside.
 Quoting: GodSoLovedTheWorld_JESUSISLORD


money is wampum. so god wasn't there at the time.
Anonymous Coward
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07/14/2020 06:45 AM
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Re: US debt hits $26.5 trillion
Trump has added as much debt as Obama did.

Obama did it over eight years.

Trump did it in three and a half...
 Quoting: Anonymous Coward 78458309

The debt is growing exponentially. That is why Trump has added Obama's debt in half the time.

Soon it will be 50, 100, 200, 400 Trillion.

Of course, between now and then the whole pyramid scheme collapses and the dollar is worthless.

That is why the "Great Reset" is being carried out now. The "coronavirus" was needed to attempt a managed shutdown of the economy to attempt to start up a new pyramid scheme in place of the failed one.
Concorde Warrior F-BVFA

User ID: 79121481
France
07/14/2020 06:46 AM

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Re: US debt hits $26.5 trillion
How’s that working out for you?
 Quoting: Anonymous Coward 79144886


What was the US debt when Trump took office?

abduct
 Quoting: Concorde Warrior F-BVFA


Roughly $19 trillion
 Quoting: Anonymous Coward 78458309


Thank you.


tomato
I came. I saw. I Concorde.

For once you have tasted Concorde you will walk the earth with your eyes turned skywards, for there you have been and there you will long to return.

"I would say today we can integrate all religions and races EXCEPT ISLAM."
Singapore's founding father Lee Kuan Y ew
Concorde Warrior F-BVFA

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07/14/2020 06:47 AM

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Re: US debt hits $26.5 trillion
Trump has added as much debt as Obama did.

Obama did it over eight years.

Trump did it in three and a half...
 Quoting: Anonymous Coward 78458309

The debt is growing exponentially. That is why Trump has added Obama's debt in half the time.

Soon it will be 50, 100, 200, 400 Trillion.

Of course, between now and then the whole pyramid scheme collapses and the dollar is worthless.

That is why the "Great Reset" is being carried out now. The "coronavirus" was needed to attempt a managed shutdown of the economy
to attempt to start up a new pyramid scheme in place of the failed one.
 Quoting: Anonymous Coward 77784512


Can we add population reduction to it or are the numbers of those who died supposedly from WuFlu not high enough for such consideration?

tomato
I came. I saw. I Concorde.

For once you have tasted Concorde you will walk the earth with your eyes turned skywards, for there you have been and there you will long to return.

"I would say today we can integrate all religions and races EXCEPT ISLAM."
Singapore's founding father Lee Kuan Y ew
Anonymous Coward
User ID: 79147806
United States
07/14/2020 09:11 PM
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Re: US debt hits $26.5 trillion
Also here, in the Lord's prayer:


Matthew 6:9–13 (ESV)

"Pray then like this: 'Our Father in heaven, hallowed be your name. Your kingdom come, your will be done, on earth as it is in heaven. Give us this day our daily bread, and forgive us our debts, as we also have forgiven our debtors. And lead us not into temptation, but deliver us from evil.'"


If you open your eyes you will see money as DEBT towards some other person (either goods or services), and it says if you don't forgive their debts God won't forgive ours. I think this has both Spiritual and also Material meaning. And it requires someone to be dead to this world to understand this.
 Quoting: GodSoLovedTheWorld_JESUSISLORD


Our Father who art in heaven, Hallowed be thy Name. Thy kingdom come. Thy will be done, On earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, As we forgive those who trespass against us. And lead us not into temptation, But deliver us from evil.

Trespasses, not debt.

There is a big difference in those words. You don't really think that Jesus prayed about MONEY, do you?

Trespasses are about our failures in thoughts, words and deeds.

.
Anonymous Coward
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United States
07/14/2020 09:16 PM
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Re: US debt hits $26.5 trillion
Also here, in the Lord's prayer:


Matthew 6:9–13 (ESV)

"Pray then like this: 'Our Father in heaven, hallowed be your name. Your kingdom come, your will be done, on earth as it is in heaven. Give us this day our daily bread, and forgive us our debts, as we also have forgiven our debtors. And lead us not into temptation, but deliver us from evil.'"


If you open your eyes you will see money as DEBT towards some other person (either goods or services), and it says if you don't forgive their debts God won't forgive ours. I think this has both Spiritual and also Material meaning. And it requires someone to be dead to this world to understand this.
 Quoting: GodSoLovedTheWorld_JESUSISLORD


Our Father who art in heaven, Hallowed be thy Name. Thy kingdom come. Thy will be done, On earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, As we forgive those who trespass against us. And lead us not into temptation, But deliver us from evil.

Trespasses, not debt.

There is a big difference in those words. You don't really think that Jesus prayed about MONEY, do you?

Trespasses are about our failures in thoughts, words and deeds.

.
 Quoting: Anonymous Coward 79147806


Thank you.. our debts are our errors...
Anonymous Coward
User ID: 79151285
United States
07/15/2020 12:40 PM
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Re: US debt hits $26.5 trillion
Also here, in the Lord's prayer:


Matthew 6:9–13 (ESV)

"Pray then like this: 'Our Father in heaven, hallowed be your name. Your kingdom come, your will be done, on earth as it is in heaven. Give us this day our daily bread, and forgive us our debts, as we also have forgiven our debtors. And lead us not into temptation, but deliver us from evil.'"


If you open your eyes you will see money as DEBT towards some other person (either goods or services), and it says if you don't forgive their debts God won't forgive ours. I think this has both Spiritual and also Material meaning. And it requires someone to be dead to this world to understand this.
 Quoting: GodSoLovedTheWorld_JESUSISLORD


Our Father who art in heaven, Hallowed be thy Name. Thy kingdom come. Thy will be done, On earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, As we forgive those who trespass against us. And lead us not into temptation, But deliver us from evil.

Trespasses, not debt.

There is a big difference in those words. You don't really think that Jesus prayed about MONEY, do you?

Trespasses are about our failures in thoughts, words and deeds.

.
 Quoting: Anonymous Coward 79147806


This is true. Thank you.
Azarona

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07/15/2020 12:48 PM
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Re: US debt hits $26.5 trillion
How’s that working out for you?
 Quoting: Anonymous Coward 79144886


I guess this means that President Trump is on track to increase our debt by only half of what Obummere did in 8 years!!!!!
Ordovician

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07/18/2020 12:33 PM
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Re: US debt hits $26.5 trillion
Another 40 billion since this thread started...another 40 billion coming after that, come on, baby, we can be like them, don’t fear the reaper...





GLP