@SteveHiltonx Becerra knows that Democrats have rigged the election process and he has a good chance of winning. Clean up the voter rolls and voting process. We have reached banana republic status in California with our election process
We’re not going to grow our way out of the debt mess. 1) cut the deficit 2) balance the budget AND 3) bring back manufacturing. All 3 need to happen if we are to have any measure of success.
A continual deficit & growing debt load means economic growth has to increase proportionally too. This will never happen because ALL politicians don’t care about the public purse and have no fiscal discipline managing the budget. They know the Fed will monetize the debt which is a painless solution for asset holders. Those who don’t have assets get screwed as purchasing power of the currency shrinks.
🚨ELON JUST NAMED THE REAL GOAL OUT LOUD
Joe Rogan asks the question every American has been screaming:
“Why are they supporting this kind of mass immigration? Is there a plan involved in all this? What is happening?”
Elon doesn’t hesitate:
“Cause if you wanted to destroy civilization… if you wanted to destroy Western civilization, which George Soros seems to wanna do.”
He spells it out.
They’re not confused. They’re not “compassionate.”
They’re weaponizing our empathy to mass-import people with the specific intent of breaking Western civilization from the inside.
This is the plan.
Funded by Democrat mega-donors.
Executed through open borders and endless “refugee” pipelines.
And the final warning hits hard:
If Democrats ever regain power, the border opens back up and the entire operation restarts.
This is not immigration.
This is civilizational demolition.
Trump shut it down for a reason.
Keep it shut. Deport.
Enforce.
Western civilization is not negotiable.
Fannie & Freddie have been quietly facilitating “interest-free” Islamic home financing for years while regular Americans pay the full freight.
Now they get caught and the solution is… make the Sharia loans available to everyone?
The comments are pure fire: people aren’t mad about the payment math. They’re mad that our government-backed housing system is accommodating a parallel legal system. No other religion gets this special treatment.
This isn’t inclusion. It’s submission. #anttsinc #RealEstate #Mortgage #Religion
Yesterday, when the Treasury announced buybacks, and the bond market rallied…I got sick to my stomach. It’s rearranging the chairs on the decks of the Titanic. The real problem - Deficits (all over the world). Governments have lost their minds. No amount of financial engineering will fix this. The only thing that will fix it is to stop spending. If governments actually raise taxes to levels needed to fund their current drunken largesse, they will kill all growth and make problems even worse. The other problem with all this spending, is that we are borrowing from savers and giving it to consumers. We are eating our seed corn. In addition to all this, we are not hearing about the losses in pension funds, insurance companies, banks, and central banks in Europe or Japan or the US. They are huge. Pension funds bought debt at negative interest rates and now face huge losses. To repeat: The only way to fix this is to stop spending. Or, somehow miraculously to lift growth rates. But, governments are larger as a share of GDP and this has reduced growth rates. Keynesianism works in the reverse way people are taught in school. It’s crushes growth in the long-term even though it feels good in the short-term. The US’s $40 trillion in debt is a long-term problem…issuing 3-month T-bills doesn’t make it a short-term problem. Buying back long-term bonds doesn’t make it a short-term problem. Governments have to start facing reality and stop pursuing short-term, feel-good, nonsense solutions. Again: Cut the size of government…it’s the only real solution.
California politicians wanted to make sure fast-food employees earned their “fair share”—and that’s when 557,000 workers across 30,000 restaurants got an economic reality check.
@robbystarbuck The Democrats want it exactly the way it is because they know welfare recipients in ANY form will always vote to extract more benefits from the taxpayer. The most fair voting system would to only let taxpayers voter. Anyone receiving govt benefits should not be allowed to vote.
Call me a radical but if we want America to be exceptional, then taxpayers who fund all the welfare should have more of a say in our elections than lifelong welfare users. Call me whatever you want but I think it’s nuts to give these two groups the same voting power. One group will always just vote for the person or party that promises them the most "free" stuff that the rest of us pay for.
@Owennfa There are no bids because the math changed. ZIRP for ten years created demand and kited prices. Now real rates at 7% make current prices unaffordable. Lower the price to sell.
@MrJohnJnr No prosecutions and no savings. Trump administration is still running massive deficits. If this fraud was eliminated, why are there no savings via lower budget deficits?
Govt is about scamming the taxpayer. Like a parasite they start slowly and speed up till they kill the host. The ONLY way it ends is if elect someone who has the fortitude to lobotomize government like the founders intended. I’m afraid that will not happen but it will be a collapse in the debt market that forces us back to our roots of LIMITED government
It has been going on for 50 years ever since we got off the Gold standard. The government runs a deficit and the Fed creates credit out of thin air to fund it. And it depreciates the buying power of the dollar.
Asset holders benefit and the working majority who do not own assets get crushed a little more each year.
The ONLY monetary tool in the Feds toolbox is credit creation given that we have a FIAT currency. Much of the world is doing the same thing.
That’s why gold has gone up from $35/oz to $5600/oz in 50 years while our national debt is $40 TRILLION. At some point there is a day of reckoning when the bond market revolts are borrowing costs skyrocket as market interest rates rise sharply.