Business Nerd: BBA - Production and Operations Management; Economics minor -- Univ of NM, Albuquerque, NM.
Former QA Metrology Admin, Eclipse Aviation.
INFJ
@sherry4LSU He was my stepfather tho mom lied to me and told me he was my biological father, until age 16. Abuse went from age 6 to 11, I finally reported at age 17, when in high school, 1990. He had a security clearance with Loral, which is Lockheed Martin today. #WhyIDidntReport
@JustAMomNamedMM I'm considering trying to start jogging again. Used to do 5k and 10k runs. Lost about 60# thanks to gastric bypass surgery last year. So maybe my body could handle it better now...
@StephanieKelton@wbmosler I think the "buyback" is totally disingenuous.... Did they reduce the total $40 trillion of debt? It's just semantics....
If the Fed were truly independent, they'd raise interest rates until it forces **Congress** to cut spending. Then pay down the principal and retire debt.
@RandPaul Something like 87% of spending is:
Social Security
Medicare
Medicaid
Interest on the debt
Which one will you cut?
Grow a spine and cut spending!! Even if it means you lose the next election.
@RBReich We could simply default..... as a means of cutting the interest expense.
Default is a rational option to prevent the Political Class from promising things We The People are unable or unwilling to pay for.
Or, we gut Social Security, Medicare / Medicaid... and the Dept of War.
@DA_Stockman I'm surprised that the Federal Reserve can keep rates low. Interest rates are supposed to counter the irrational exuberance of the market. How high would rates need to be to compel *Congress* to cut spending? 10%? 20%? At a certain point, the $1.5 trillion F-35 is too expensive.
@RandPaul Convince the other 434 members of Congress to end the statist agenda of our Govt. Cut $2 trillion of spending.... close 100 foreign military bases. Kill the F-35 and B-21 stealth bomber programs. And then freeze the money supply...
Hmmmmm. Wonder why Congress won't do that...
@alanisnking Although I recently got a Mustang GT... I still open up the Blackwing configurator from time to time. I'd love to drive that car, just once, to see what its like. Gotta have the 6spd manual too!!