DOGE failed to make a dent in federal deficits. With the last conservative in Congress out of the way, what’s to keep the Big Man’s Big Government from its Big Spending rendezvous with a big blow up?
Maybe instead of starting the war in the first place we should have just stayed home? After all, Ho Chi Minh and the Viet Minh worked along side the US fighting the Japanese during WW2. Several OSS officers even attended his inauguration as president after the end of the war. If the war was such an important cause in your opinion, why did Donnie and other elitists (Biden, Clinton, Cheney, Bush, Bolton, etc) dodge the draft to avoid serving? Did you know that no member of Trump's family ever served in the military? Trump's grandfather was also a draft dodger.
But Jon G. Trump (Uncle) was a career military officer.
His work directly supported national defense and wartime technology efforts.
Also famously reviewed Nikola Telsa's papers for government authorities after Tesla's death.
-
I had to research Friedrich, I thought it interesting...
He was a draft dodger, but his motivation to leave Germany was not to avoid service.
He was 16 years old fleeing poverty and chasing gold in 1885.
-
Friedrich returned to Germany in 1901 at 32 years of age.
In 1905 he was ordered to leave the kingdom of Bavaria within eight weeks as punishment for having failed to do mandatory military service and failing to give authorities notice of his departure to the US.
The Trumps left Germany for New York with their daughter on the Hapag steamship Pennsylvania on 1 July 1905.
Elisabeth was three months pregnant with Donald Trump’s father, Fred.
-
Residents of Kallstadt (Trump's grandfathers place of birth) a small wine-growing town of about 1,200 people in south-west Germany, joke that the blame for Trump becoming US president-elect lies with the German authorities who threw his grandfather out.
Where did you get the info that Trump's uncle was a career military officer? Donnie's buddy Elon Musk's Grok says he was a civilian consultant to the military during WW2.
The results are hinting favorably toward Jon G Trump,
or totally dismissing the Trump entire family.
No bias here.... lol
From Claude:
(Donald's father) was the right age to serve during World War II but received deferments. Real estate developers were deemed essential workers, and his work building housing for shipyard workers and military families was classified as war-essential. His married status also made him a lower priority in the draft.
From Assist: (edited to shorten)...
The Trump family does not have a notable military service history compared to other political families in the United States.
The Trump family has not prominently served in the military.
-
Jon G. Trump was solely employed for military programs.
Trump joined the NDRC which was a runaround congress agency to develop new weapons.
He spent the war years and then some developing radar for military use.
From February 1944 until the capture of Berlin, he directed the Rad Lab's field operation in Europe, where he organized radar deployments for the D-Day invasion, aided interception of V-1 rockets, and advised American commanders on radar use in combat.
Trump was one of a few civilians read into secret Operation Overlord (D-Day) plans.
-
Trump received recognition for his war service from both the United States and the United Kingdom.
In 1947, the King of England bestowed His Majesty’s Medal on Dr. Trump for his assistance to the US Air Force and his cooperation with Britain in the field of radar. Dr. Trump was awarded the President 's Certificate of Merit in 1948 for “outstanding services to his country."
Just the fact that Trump supporters who are pro-military actions have no problem with their leader being a cowardly draft dodger. He was a tough guy in military school but suddenly developed a curious case of bone spurs that never prevented him from playing golf. Maybe I'm also amazed by the fact that the old apple doesn't fall far from the tree. Grandpa ran brothels and Donnie was a close friend with a sex trafficker.
Exactly, another pointless comment with material inaccuracies. I believe it was Bill Clinton that was racking up the frequent flyer miles on the Lolita Express.
Where are the material inaccuracies? And why bring up Bill Clinton? Unlike Trump I had nothing to do with the Clintons - Donnie invited the Clintons not me to his wedding with Melania.
Why is it pointless to state that Trump was a cowardly draft dodger who now talks about bombing countries like it's a game?
Seems like the MAGA fanboys have the same problem as Obama fanboys. They can't admit that these politicians are frauds. "Sometimes people don't want to hear the truth because they don't want their illusions destroyed."
Bill is much too polite when those he calls "frauds", "scoundrels" and "scalawags" are in fact unrepentant criminals who in a just world should be swinging from lampposts.
Bill concludes, "what’s to keep the Big Man’s Big Government from its Big Spending rendezvous with a big blow up?"
Ideal answer: President Trump writes off (repudiates) the bankrupt nation's debt. The great majority of voters in every age group will approve, and he will go down in history as a savior of the people and the nation.
Do you also find this advice President Washington's farewell address to be repugnant: "It is our true policy to steer clear of any permanent alliances with any portion of the foreign world"?
Looks like years of endless wars have resulted in little for our country besides an unpayable debt that we will leave to future generations.
I used to fixate on when, not if, it was going to blow up. Fixating on the blow up's imminence also forced me, logically, into preparation mode, making me essentially a non-participant outsider in what was actually going on. Now, I'm more interested in seeing just how long it can go on, and how "bad" (or "good") it can get, and so far, it looks like it's going to outlast me (not hard to do). Curses! Foiled again! Best always. PM
Oh brother! Your TDS is mindless. Yes Trump's spending is endless but so is your TDS. I do however like your graph that 2020 spending was double any other year, so thank you for that Democratic spending clarity. What on earth are you trying to accomplish?
Donnie was president in 2020! The truth is neither party has a drop of fiscal responsibility . The Dims and Repugs are in a race to see who can lead the league in deficit spending.
"The Viet Cong had no heavy cruisers. It had no navy at all. China, then, was still recovering from the Cultural Revolution; it had no meaningful navy either. And neither did Russia. What were we protecting the Homeland against? Nobody knew."
Bill! I can't believe you forget the domino theory. We had to fight them over there so we didn't have to fight them over here! (Not sure exactly what transmission mechanisn would have allowed for the "over here" part.)
so bill just how was doge going to work? every lib judge was stopping them and of course the left was in the streets rioting for more fraud and all the dems were benefitting from the fraud so how was doge supposed to work with all that was working hard against them?
Dear Bill, its wonderful that you're still expressing HOPE for some kind of change by pointing out the perfectly obvious even to all of the 'red hat magot clowns' that troll this financial news letter. MOst of these trolls are part of the massive USJEWS consortia/MAFIA that now control every aspect of US life in every imaginable way. The HOPE that you're still talking about left the building back in 1971 and none of the clowns and stooges that have followed have ever had any intention of really changing the MINDS of the PEOPLE that continue to pervert the will of the people. You Bill and all of us who've read your daily missives are all to aware of the dire events and our present condition to the point of mental and physical illness as their rampant hedonistic march towards the obvious abyss right in front of our daily ears & eyes and every other human sense you care to mention.. we are drowning in the exceptionalism of TRUMPET mania and so it must be .. so let it be please! just keep writing about how life is in the high country to Argentina and help us forget about the calamity we have already entered of which and against which we are basically impotent to alter in any significant way except in our own small lives such as Dan is doing in his bolthole and as many others of your decades long followers are doing around the world .. if only we could get you to export the MALBEC to other countries worthy of such a fine drop rather than the decayed zombies pretending to be human in the US as they are already total genetically aborted morons so let them destroy each other as they you know they must!
All this spending, war, fruad, inflation corruption and subsequent slow default is directly related to the dollar not grounded in gold. It's the old and continuous story of the human condition. We want what we want and we want it now! No more money because we didn't have gold to back it, no problem, just print it and move on. So here we are today 54 years post Nixion and 39 trillion in debt and trillions more in unsecured debt. So what could go long??
I tend to agree with much of what Bill writes, but his opinion on what I must guess is the battleship USS New Jersey really missed the mark. While our carrier didn't get to Vietnam, I remember those war years including activating the USS New Jersey. It wasn't to protect the USA in anyway, Rather it was to bombard the Ho-Chi trail with an incoming projectile the enemy had no defense against. All the other means such aircraft bombs gave out signals that provided the enemy with time to hide and get off the road. Not so a 16 inch projectile from the battleship. It was very effective at the time in interrupting the trail supply line. So, Bill, you opine all you want but please at least dig a little for the truth. Your comment about sending out a battleship to protect the USA is rather comical.
USDEBTCLOCK.ORG says federal spending is $7T. Thanks to DOGE and the Somalis, we know that there is a tremendous amount of waste and fraud. So how much is the question?
Cut 25% in waste/fraud = $5.25T Budget; 35% = 4.55T. My wag is 50%.
Revenues = $5.4T - look at that - a surplus!
Bill's TDS has blinded him into thinking EVERYTHING is Trump's fault. Bill knows who controls the money - the career politicians have robbed this country blind. Congress are the real criminals and money launderers. Presidents come and go every 4 years but members of Congress are in for life.
It's easy to protect yourself and stay ahead of these parasites - Gold, Silver, Cash and a pocketful of shells........
What's the difference between a politician and a flying pig?
The letter F.
Maybe instead of starting the war in the first place we should have just stayed home? After all, Ho Chi Minh and the Viet Minh worked along side the US fighting the Japanese during WW2. Several OSS officers even attended his inauguration as president after the end of the war. If the war was such an important cause in your opinion, why did Donnie and other elitists (Biden, Clinton, Cheney, Bush, Bolton, etc) dodge the draft to avoid serving? Did you know that no member of Trump's family ever served in the military? Trump's grandfather was also a draft dodger.
Trump's immediate family did not serve.
But Jon G. Trump (Uncle) was a career military officer.
His work directly supported national defense and wartime technology efforts.
Also famously reviewed Nikola Telsa's papers for government authorities after Tesla's death.
-
I had to research Friedrich, I thought it interesting...
He was a draft dodger, but his motivation to leave Germany was not to avoid service.
He was 16 years old fleeing poverty and chasing gold in 1885.
-
Friedrich returned to Germany in 1901 at 32 years of age.
In 1905 he was ordered to leave the kingdom of Bavaria within eight weeks as punishment for having failed to do mandatory military service and failing to give authorities notice of his departure to the US.
The Trumps left Germany for New York with their daughter on the Hapag steamship Pennsylvania on 1 July 1905.
Elisabeth was three months pregnant with Donald Trump’s father, Fred.
-
Residents of Kallstadt (Trump's grandfathers place of birth) a small wine-growing town of about 1,200 people in south-west Germany, joke that the blame for Trump becoming US president-elect lies with the German authorities who threw his grandfather out.
Where did you get the info that Trump's uncle was a career military officer? Donnie's buddy Elon Musk's Grok says he was a civilian consultant to the military during WW2.
Not sure where I got "officer"...
What's funny is depending upon which Ai used,
The results are hinting favorably toward Jon G Trump,
or totally dismissing the Trump entire family.
No bias here.... lol
From Claude:
(Donald's father) was the right age to serve during World War II but received deferments. Real estate developers were deemed essential workers, and his work building housing for shipyard workers and military families was classified as war-essential. His married status also made him a lower priority in the draft.
From Assist: (edited to shorten)...
The Trump family does not have a notable military service history compared to other political families in the United States.
The Trump family has not prominently served in the military.
-
Jon G. Trump was solely employed for military programs.
Trump joined the NDRC which was a runaround congress agency to develop new weapons.
He spent the war years and then some developing radar for military use.
From February 1944 until the capture of Berlin, he directed the Rad Lab's field operation in Europe, where he organized radar deployments for the D-Day invasion, aided interception of V-1 rockets, and advised American commanders on radar use in combat.
Trump was one of a few civilians read into secret Operation Overlord (D-Day) plans.
-
Trump received recognition for his war service from both the United States and the United Kingdom.
In 1947, the King of England bestowed His Majesty’s Medal on Dr. Trump for his assistance to the US Air Force and his cooperation with Britain in the field of radar. Dr. Trump was awarded the President 's Certificate of Merit in 1948 for “outstanding services to his country."
If you are delving into the history of the Trump family check out the businesses Trump's grandpa ran in the US. Seems he specialized in brothels.
And the Kennedys were bootleggers. Your point?
Just the fact that Trump supporters who are pro-military actions have no problem with their leader being a cowardly draft dodger. He was a tough guy in military school but suddenly developed a curious case of bone spurs that never prevented him from playing golf. Maybe I'm also amazed by the fact that the old apple doesn't fall far from the tree. Grandpa ran brothels and Donnie was a close friend with a sex trafficker.
Exactly, another pointless comment with material inaccuracies. I believe it was Bill Clinton that was racking up the frequent flyer miles on the Lolita Express.
Where are the material inaccuracies? And why bring up Bill Clinton? Unlike Trump I had nothing to do with the Clintons - Donnie invited the Clintons not me to his wedding with Melania.
Why is it pointless to state that Trump was a cowardly draft dodger who now talks about bombing countries like it's a game?
Seems like the MAGA fanboys have the same problem as Obama fanboys. They can't admit that these politicians are frauds. "Sometimes people don't want to hear the truth because they don't want their illusions destroyed."
Bill is much too polite when those he calls "frauds", "scoundrels" and "scalawags" are in fact unrepentant criminals who in a just world should be swinging from lampposts.
Bill concludes, "what’s to keep the Big Man’s Big Government from its Big Spending rendezvous with a big blow up?"
Ideal answer: President Trump writes off (repudiates) the bankrupt nation's debt. The great majority of voters in every age group will approve, and he will go down in history as a savior of the people and the nation.
The "ideal answer" for who??
I think it's a safe bet that the millions of Americans who own Treasury bonds, notes, or bills (as well as mutual funds) aren't going to approve.
"Screw 'em" if they're the minority is an interesting take.
Do you also find this advice President Washington's farewell address to be repugnant: "It is our true policy to steer clear of any permanent alliances with any portion of the foreign world"?
Looks like years of endless wars have resulted in little for our country besides an unpayable debt that we will leave to future generations.
I used to fixate on when, not if, it was going to blow up. Fixating on the blow up's imminence also forced me, logically, into preparation mode, making me essentially a non-participant outsider in what was actually going on. Now, I'm more interested in seeing just how long it can go on, and how "bad" (or "good") it can get, and so far, it looks like it's going to outlast me (not hard to do). Curses! Foiled again! Best always. PM
Oh brother! Your TDS is mindless. Yes Trump's spending is endless but so is your TDS. I do however like your graph that 2020 spending was double any other year, so thank you for that Democratic spending clarity. What on earth are you trying to accomplish?
Donnie was president in 2020! The truth is neither party has a drop of fiscal responsibility . The Dims and Repugs are in a race to see who can lead the league in deficit spending.
"The Viet Cong had no heavy cruisers. It had no navy at all. China, then, was still recovering from the Cultural Revolution; it had no meaningful navy either. And neither did Russia. What were we protecting the Homeland against? Nobody knew."
Bill! I can't believe you forget the domino theory. We had to fight them over there so we didn't have to fight them over here! (Not sure exactly what transmission mechanisn would have allowed for the "over here" part.)
so bill just how was doge going to work? every lib judge was stopping them and of course the left was in the streets rioting for more fraud and all the dems were benefitting from the fraud so how was doge supposed to work with all that was working hard against them?
That chart is screaming something
...the gov't spends more May thru December.
Screaming is the business of charts. Best always. PM
Reminds me of "how did you go broke, first slowly, then suddenly."
Evidently, it doesn't get interesting until the sudden part. Best always. PM
I've read Bill for more than 20 years. Before this, I've never heard him mention a stint in the Navy.
Dear Bill, its wonderful that you're still expressing HOPE for some kind of change by pointing out the perfectly obvious even to all of the 'red hat magot clowns' that troll this financial news letter. MOst of these trolls are part of the massive USJEWS consortia/MAFIA that now control every aspect of US life in every imaginable way. The HOPE that you're still talking about left the building back in 1971 and none of the clowns and stooges that have followed have ever had any intention of really changing the MINDS of the PEOPLE that continue to pervert the will of the people. You Bill and all of us who've read your daily missives are all to aware of the dire events and our present condition to the point of mental and physical illness as their rampant hedonistic march towards the obvious abyss right in front of our daily ears & eyes and every other human sense you care to mention.. we are drowning in the exceptionalism of TRUMPET mania and so it must be .. so let it be please! just keep writing about how life is in the high country to Argentina and help us forget about the calamity we have already entered of which and against which we are basically impotent to alter in any significant way except in our own small lives such as Dan is doing in his bolthole and as many others of your decades long followers are doing around the world .. if only we could get you to export the MALBEC to other countries worthy of such a fine drop rather than the decayed zombies pretending to be human in the US as they are already total genetically aborted morons so let them destroy each other as they you know they must!
All this spending, war, fruad, inflation corruption and subsequent slow default is directly related to the dollar not grounded in gold. It's the old and continuous story of the human condition. We want what we want and we want it now! No more money because we didn't have gold to back it, no problem, just print it and move on. So here we are today 54 years post Nixion and 39 trillion in debt and trillions more in unsecured debt. So what could go long??
Whatever happened to Mr. Musk's plan to start a third party? I'm thinking a third party might be pretty popular these days.
I tend to agree with much of what Bill writes, but his opinion on what I must guess is the battleship USS New Jersey really missed the mark. While our carrier didn't get to Vietnam, I remember those war years including activating the USS New Jersey. It wasn't to protect the USA in anyway, Rather it was to bombard the Ho-Chi trail with an incoming projectile the enemy had no defense against. All the other means such aircraft bombs gave out signals that provided the enemy with time to hide and get off the road. Not so a 16 inch projectile from the battleship. It was very effective at the time in interrupting the trail supply line. So, Bill, you opine all you want but please at least dig a little for the truth. Your comment about sending out a battleship to protect the USA is rather comical.
I see on YOUR bar chart it's the LEAST increase on the dang chart! Hello - Is anybody home?
USDEBTCLOCK.ORG says federal spending is $7T. Thanks to DOGE and the Somalis, we know that there is a tremendous amount of waste and fraud. So how much is the question?
Cut 25% in waste/fraud = $5.25T Budget; 35% = 4.55T. My wag is 50%.
Revenues = $5.4T - look at that - a surplus!
Bill's TDS has blinded him into thinking EVERYTHING is Trump's fault. Bill knows who controls the money - the career politicians have robbed this country blind. Congress are the real criminals and money launderers. Presidents come and go every 4 years but members of Congress are in for life.
It's easy to protect yourself and stay ahead of these parasites - Gold, Silver, Cash and a pocketful of shells........