Joe Biden's initiatives added over $7 trillion in national debt, led to the highest inflation in 50 years, and to the slowest GDP growth rates since the Great Depression.
Bill, at last you cover a politician that helped to cause a great deal of harm for the U.S.A. His entire life as a "semi-grown-up" was spent robbing the taxpayer. I think you spend mocho time talking about the men in the office of the President, but should speak about the Congress and Senate, (both and each) cause large harm to OUR COUNTRY. As you know most of these LEFTIES learned from FDR, how to be elected and remain in office. The masses always have their hand out for something from some-other. Decent job.
Extra! Extra! Bonner just realizes that Biden was President for the last four years and not Trump! This is an earth-shattering breakthrough in his thought process.
Mr. Gallien, I agree. But Bill’s TDS, even here, rises up. He talks about Pres. Biden running up $7.9T in debt compared to Pres. Trump’s $8.4T. But what he fails to point out is that Pres. Trump, over his first three years, ran up a little over a trillion annually in debt, very slightly besting Pres. Obama’s last seven years (excluding 2009 & 2020) on annual basis ($1.15T (Trump) to $1.20T (Obama)). Nothing for a conservative to brag about, of course. But then, in 2020, Pres. Trump, in a conservative move, largely turned over COVID-fighting to the states, and the Dem governors used that as an opportunity to throw tens of millions of their constituents out of work, knowing their Fed allies would gladly bail out these folks. Thus this was not about health, but to see how much control/authoritarianism the American people would put up with. The Dem governors also knew that 2020 was an election year, and Pres. Trump would agree to sign off on trillions in federal government bailouts (in addition to Fed trillions) or he had no chance of winning the Nov. 2020 election. This is why COVID was such a scam. Also, in 2022, COVID—suddenly--stopped being a problem. How can this so-called major virus just stop being a threat? Well, 2022 was an election year, and the leftists knew a majority of the folks had had enough of this nonsense.
Bill knows all this. So I’m surprised he didn’t shoehorn Israeli PM Benjamin Netanyahu into the U.S. debt conversation. Ha!
And I’m not certain if Bill was being sarcastic when he wrote as if the obviously senile, placeholder Biden actually ran things for four years. Bill has to know that a committee ran things from the shadows. So I can’t decide if Bill has TDS & NDS or is somewhat senile. He wasn’t remotely like this when I followed him before BPR, when he supported rhetorical flourishes with rigorous analysis.
Well done today Mr Bonner, “Rather than draw attention to the real reasons for the inflation of 2022, Biden signed more jackass spending bills. – each one designed to be easy-to-understand, but fundamentally fraudulent and idiotic.”
Now, onward and downward to expose and eviscerate the rest of the C’ers …the complicit connivers, colluders, confederate collaborators, cabalist, conspiring plotters, schemers, intriguers, machinators and seditious traitors which reside in shadowy background.
Gosh, Bill, you finally had some serious criticisms about Sleepy Joe. Glad to see your impartiality [finally]. The bigger point to be made is you are about 3+ years too late. AND, in case you didn’t notice, Joe is gone, kaput, irrelevant for evermore. So, again you let your emotions draft your essay about your unhappiness with Joe’s action, which does nothing to help us, your customers, make our financial condition better. We have heard your predictions on how DJT will fall flat on his face. How about giving us advice on how we can survive the upcoming catastrophe that you are certain will come? How about a technical discussion on the power needs of the AI crowd and how we could benefit by investing in some energy sector’s offerings? The only advice I’ve seen is sit on cash and gold, while the stock market produces double-digit gains for 2024. I don’t miss Sleepy a bit, but he is irrelevant. I still like DJT since he continues to do and promise things that I agree with. So, come on man, where’s the beef [to quote a bunch of old slangs and sayings]?
Buying gold in 2024 was a better investment than the stock market. Gold increased in value 29%. I have never thought Bill was a financial advisor. He discusses economic trends and the effects of government policies on the economy. Many attack him for his criticisms of Trump somehow believing that Trump will be any different than his first four years. Maybe he will be but I haven’t heard him demanding balanced budgets, I haven’t heard him demanding huge cuts in the budget of the military and bringing troops home from the 800 military installations around the world. Trump apparently believes that tariffs are paid by the producer of goods, when in fact they are paid by American consumers. He has already taken easy actions like eliminating DEI. Any bets on whether he will have even one balanced budget?
It appears Terry you have been awake the last 4 years or more. Thank You. Good ol' Bill tries to make us read, ponder, and think. Many here appear not to want to do that with the preference being just lambasting our Salta scribe day after day who so eloquently pens his thoughts for us followers wandering in the absurdities of our irrational government . Yes - even those of you who consistently prod and poke ol' Bill, you are still here, you still pay to read his rumblings, and may even buy his wine (the 2022 Tacana Malbec is awesome). Ol' Bill gets your juices flowing because you just can't stand it that the American Empire is waning and Israel isn't the Way, the Truth, the Light but an evil country committing unimaginable genocide. Yep - the truth hurts and for those that just abhor reality, the two Ds (Delusion and Denial) provide comfort. Strange world we inhabit.
yeah well Dan…forget about trying to chastise Big Bill…while you didn’t read Tom D’s “Feb Report” came out yesterday?
He’s on Team Bill & Dan (as you know) but he gave us very a very actionable tip….buy HAFN for $5 & change for a first class shipping Co. with a minimum Dividend of 15% to as much as 30%+
I bought 8,000 shares & i’m gonna hold em for at least a year or until Tom tells us to bail!
This 30+ trillion debt was wonderful stuff in it's beginning. Roosevelt was a hero. But there was never a complete plan by him to pay it off. Increasing the debt bought votes and it continues to do so. Debt retirement brings trouble to America's economy.
Inflation will need to grow until the voters grow tired. May this country follow the pattern example of Argentina. Leonard Hartman
Biden! In my humble opinion, he was a nonentity of the highest level, which said is basically an oxymoron in its content. Although it seems to fit since he probably outdid President Carter in his lack of positive, productive action.
Morally, Biden I think, was not much worse than what was truly was the real, hidden Carter revealed after he was dead. Oh, the energy and effort and false effort some people put forth in an attempt to build their legacy.
"Sayonara" and good riddance to an "empty suit" who never could quite, really "make it", basically, because of his ineptness and lack of aptitude, or ability during his whole federal "service", as I read it.
It seems strange to me, but apart from the fact Biden was somewhat dimwitted, a carpet bagger, and a career politician - with all that entails - he, and his family , were almost certainly criminals, but nobody seems too bothered by that?
You're exactly right. I think the Biden Administration had such a lock on things in their administration, it was really difficult to put the hammer down on his family.
Bill: And Trump is the finest most honest person we have ever had as President. No convictions, well, maybe a few only charged in four criminal cases. Won the man of the year.( just kidding). What a guy!
Bill, glad to read you see Biden's total and utter incompetence. Will Trump do a lot better? I hope so but the first order of the day and our only choice was to get rid of the current incompetence and those trying to destroy the Constitution and take away our freedom of speech and to restore the rule of law and the US Constitution.
I couldn't agree more with your assessment of these deplorable "leaders", republicans included. Their debates discuss nothing of relevance. David Brooks comments sure sum it up extremely well. It appears that petty arguments are more important to the American people than their own personal and family success. The spending bills are 1000 pages long while it is well understood that this is not what the people want. It is so easy to criticize because there are so many examples of incompetence. The list is a mile long. BUT what is a solution to making our democracy work? At minimum Trump took a step in the right direction on his first day.
I agree that a BALANCED BUDGET is the best answer, your only suggestion to correct the problem! It APPEARS to be a non-solution because it doesn't seem to propose an action but the action is the opposite of endless meaningless spending on ideas to improve and hence putting money behind those ideas. Somehow money behind ideas is SO IMPORTANT. But what a balanced budget really does is stop the fucking greed, the graft, the endless spending on someone's but small percentage of society's interest. It is primarily stopping the CENTRAL PLANNING that is at the heart of greed, corruption, incompetence and self interest of spending on things that aren't what society needs but of what some small segment of society wants. Central Planning never is able to see the total ramifications of their ideas most of which time has inevitably shown to be negative. I can say this because we are 36T in debt and promises of much more unpayable and collapsing impoverishment in the American future.
Hey Bill. You should do a piece on Canada’s Trudeau, a man with such foresight that he resigned just before Trump plops down a 25% tariff, on who knows what. There is no government to negotiate with Trump, so he can do what he wants. And there won’t be a government until the end of March, at which time, if the stars align, the present government will be defeated and we have a 2 month election. Trump has 5 months to do to Canada what he wants with no official to object. At least Biden had powerful people in the background. Trudeau made himself the most powerful man in Canada and now Canadians are suffering for it.
But everything press said the Canadians supported him. They were all against the truckers convoy and all for his covid actions. People get what they deserve. Just like California got what they voted for and continue to vote for.
I agree with everything you said about idiot Biden; I’m glad he is gone. He will remembered as the worst president to date. Now, on Trump. His first four years was filled with inexperience, bad advice from people in his cabinet and ‘MANY’ roadblocks caused by the Democratic Party. Now he has another 4 years and you have already made a conclusion of his policies; this is after 3 days. WOW, you certainly have the magic of clairvoyance. After the Trump 4 years have completed, you have the right to give your opinion. Until then it is dishonest to predict the future. Thanks for NOT listening. AP
Again I ask why you don't have a dislike button. I really am tired of Gallien and his stupidly annoying remarks. Please put a dislike button beside the like button. Stop being wimpy and do that.
Joe Biden came to power the year I was born. In my lifetime, I have only seen a Federal budget balanced for a few minutes when Bill Clinton was President. That was most likely a mistake, because it wasn't long before that was remedied. CONGRESS acts like a newly off to college teen with a rich Daddy's credit card... Irresponsible and unaccountable. However, I am the beneficiary of this wild spending spree. And my father, too. We have enjoyed a better standard of living, (and I bet many of you, as well) than we earned. All participants in the game have been winners..
I was interrupted by sending my son off to take the CPA exam this morning. Tomorrow, he gets married and in a few months he starts work at Ernst & Young.. I am fairly certain his genetation will find out that the party is over. There are no long term benefits to succesive generations who are saddled by debt of their ancestors, debt that was used to finance grifters and self dealers. Joe Biden is what I call a legacy politician. He behaved in predictable patterns of go along and get along to get re elected. His electorate is potentially no better off after 53 years of his public "service." But....the Biden family is consderably better off. It proves that the electorate has a difficult time learning.
I am fairly certain that if we stripped the personal benefits from being in Congress, reduced it to a 90 day per year service period, and stripped the budgets for staffs, etc, that only real public servants would want to serve. It would also reveal the bloat that has consumed Washington in the form of lobbyists. I am offering ideas......but no one is listening.
Always forgotten is that Trump is just one man. He was surrounded by jackals in his first term and was beset on all sides. I would have collapsed in a heap, not knowing who was right, wrong, friend or foe. Trump 2.0 is a different beast and although some decisions of his I don't get, he is a different kettle of fish to what was the last administration in EVERY way. There is no one person who could assume such a momentous task who you would totally agree with, but I bet there are more for him than against him. If it doesn't work out, the West as we know it, is over. Go The Don.
I am surprised that Bill was so easy on Biden - considering he fronted the worst administration that anyone can remember. I hope that when his eulogy is written - it wont be as nice!
Bill, at last you cover a politician that helped to cause a great deal of harm for the U.S.A. His entire life as a "semi-grown-up" was spent robbing the taxpayer. I think you spend mocho time talking about the men in the office of the President, but should speak about the Congress and Senate, (both and each) cause large harm to OUR COUNTRY. As you know most of these LEFTIES learned from FDR, how to be elected and remain in office. The masses always have their hand out for something from some-other. Decent job.
RALPH W.
Extra! Extra! Bonner just realizes that Biden was President for the last four years and not Trump! This is an earth-shattering breakthrough in his thought process.
Mr. Gallien, I agree. But Bill’s TDS, even here, rises up. He talks about Pres. Biden running up $7.9T in debt compared to Pres. Trump’s $8.4T. But what he fails to point out is that Pres. Trump, over his first three years, ran up a little over a trillion annually in debt, very slightly besting Pres. Obama’s last seven years (excluding 2009 & 2020) on annual basis ($1.15T (Trump) to $1.20T (Obama)). Nothing for a conservative to brag about, of course. But then, in 2020, Pres. Trump, in a conservative move, largely turned over COVID-fighting to the states, and the Dem governors used that as an opportunity to throw tens of millions of their constituents out of work, knowing their Fed allies would gladly bail out these folks. Thus this was not about health, but to see how much control/authoritarianism the American people would put up with. The Dem governors also knew that 2020 was an election year, and Pres. Trump would agree to sign off on trillions in federal government bailouts (in addition to Fed trillions) or he had no chance of winning the Nov. 2020 election. This is why COVID was such a scam. Also, in 2022, COVID—suddenly--stopped being a problem. How can this so-called major virus just stop being a threat? Well, 2022 was an election year, and the leftists knew a majority of the folks had had enough of this nonsense.
Bill knows all this. So I’m surprised he didn’t shoehorn Israeli PM Benjamin Netanyahu into the U.S. debt conversation. Ha!
And I’m not certain if Bill was being sarcastic when he wrote as if the obviously senile, placeholder Biden actually ran things for four years. Bill has to know that a committee ran things from the shadows. So I can’t decide if Bill has TDS & NDS or is somewhat senile. He wasn’t remotely like this when I followed him before BPR, when he supported rhetorical flourishes with rigorous analysis.
Do You not think that Donald does not have like committee behind Him? It is just Donald seems to speak off the top of His head.
Nice summary, Frank.
Well done today Mr Bonner, “Rather than draw attention to the real reasons for the inflation of 2022, Biden signed more jackass spending bills. – each one designed to be easy-to-understand, but fundamentally fraudulent and idiotic.”
Now, onward and downward to expose and eviscerate the rest of the C’ers …the complicit connivers, colluders, confederate collaborators, cabalist, conspiring plotters, schemers, intriguers, machinators and seditious traitors which reside in shadowy background.
Cheers,
Mark
Ya left off Cowards...
You better not drop subscribing to this because I enjoy your comments so much.
ARE YOU TALKING TO ME!? 👍
Yes, and I missed duplicitous also.
No C there?
Bill best to just let everyone forget biden. At least Jimmy Carter held on until he wasn't the worst prez in US history.
Of course in his defense he was not really in charge. My bet is that jorge snoros was pulling the strings through his other puppet obama.
Your probably correct, but he is indefensible.
I hope indefensible speaking of Biden
Gosh, Bill, you finally had some serious criticisms about Sleepy Joe. Glad to see your impartiality [finally]. The bigger point to be made is you are about 3+ years too late. AND, in case you didn’t notice, Joe is gone, kaput, irrelevant for evermore. So, again you let your emotions draft your essay about your unhappiness with Joe’s action, which does nothing to help us, your customers, make our financial condition better. We have heard your predictions on how DJT will fall flat on his face. How about giving us advice on how we can survive the upcoming catastrophe that you are certain will come? How about a technical discussion on the power needs of the AI crowd and how we could benefit by investing in some energy sector’s offerings? The only advice I’ve seen is sit on cash and gold, while the stock market produces double-digit gains for 2024. I don’t miss Sleepy a bit, but he is irrelevant. I still like DJT since he continues to do and promise things that I agree with. So, come on man, where’s the beef [to quote a bunch of old slangs and sayings]?
Buying gold in 2024 was a better investment than the stock market. Gold increased in value 29%. I have never thought Bill was a financial advisor. He discusses economic trends and the effects of government policies on the economy. Many attack him for his criticisms of Trump somehow believing that Trump will be any different than his first four years. Maybe he will be but I haven’t heard him demanding balanced budgets, I haven’t heard him demanding huge cuts in the budget of the military and bringing troops home from the 800 military installations around the world. Trump apparently believes that tariffs are paid by the producer of goods, when in fact they are paid by American consumers. He has already taken easy actions like eliminating DEI. Any bets on whether he will have even one balanced budget?
It appears Terry you have been awake the last 4 years or more. Thank You. Good ol' Bill tries to make us read, ponder, and think. Many here appear not to want to do that with the preference being just lambasting our Salta scribe day after day who so eloquently pens his thoughts for us followers wandering in the absurdities of our irrational government . Yes - even those of you who consistently prod and poke ol' Bill, you are still here, you still pay to read his rumblings, and may even buy his wine (the 2022 Tacana Malbec is awesome). Ol' Bill gets your juices flowing because you just can't stand it that the American Empire is waning and Israel isn't the Way, the Truth, the Light but an evil country committing unimaginable genocide. Yep - the truth hurts and for those that just abhor reality, the two Ds (Delusion and Denial) provide comfort. Strange world we inhabit.
Y'all get a room...
yeah well Dan…forget about trying to chastise Big Bill…while you didn’t read Tom D’s “Feb Report” came out yesterday?
He’s on Team Bill & Dan (as you know) but he gave us very a very actionable tip….buy HAFN for $5 & change for a first class shipping Co. with a minimum Dividend of 15% to as much as 30%+
I bought 8,000 shares & i’m gonna hold em for at least a year or until Tom tells us to bail!
This 30+ trillion debt was wonderful stuff in it's beginning. Roosevelt was a hero. But there was never a complete plan by him to pay it off. Increasing the debt bought votes and it continues to do so. Debt retirement brings trouble to America's economy.
Inflation will need to grow until the voters grow tired. May this country follow the pattern example of Argentina. Leonard Hartman
Biden! In my humble opinion, he was a nonentity of the highest level, which said is basically an oxymoron in its content. Although it seems to fit since he probably outdid President Carter in his lack of positive, productive action.
Morally, Biden I think, was not much worse than what was truly was the real, hidden Carter revealed after he was dead. Oh, the energy and effort and false effort some people put forth in an attempt to build their legacy.
"Sayonara" and good riddance to an "empty suit" who never could quite, really "make it", basically, because of his ineptness and lack of aptitude, or ability during his whole federal "service", as I read it.
It seems strange to me, but apart from the fact Biden was somewhat dimwitted, a carpet bagger, and a career politician - with all that entails - he, and his family , were almost certainly criminals, but nobody seems too bothered by that?
You're exactly right. I think the Biden Administration had such a lock on things in their administration, it was really difficult to put the hammer down on his family.
JS: No, you are confused…It’s Trump that you are talking about. Remember, the 34 convictions?
I agree. The big difference is... Jimmy Carter was just a stupid liberal. Joe biden is just corrupt and stupid.
Bill: And Trump is the finest most honest person we have ever had as President. No convictions, well, maybe a few only charged in four criminal cases. Won the man of the year.( just kidding). What a guy!
Bill, glad to read you see Biden's total and utter incompetence. Will Trump do a lot better? I hope so but the first order of the day and our only choice was to get rid of the current incompetence and those trying to destroy the Constitution and take away our freedom of speech and to restore the rule of law and the US Constitution.
I couldn't agree more with your assessment of these deplorable "leaders", republicans included. Their debates discuss nothing of relevance. David Brooks comments sure sum it up extremely well. It appears that petty arguments are more important to the American people than their own personal and family success. The spending bills are 1000 pages long while it is well understood that this is not what the people want. It is so easy to criticize because there are so many examples of incompetence. The list is a mile long. BUT what is a solution to making our democracy work? At minimum Trump took a step in the right direction on his first day.
I agree that a BALANCED BUDGET is the best answer, your only suggestion to correct the problem! It APPEARS to be a non-solution because it doesn't seem to propose an action but the action is the opposite of endless meaningless spending on ideas to improve and hence putting money behind those ideas. Somehow money behind ideas is SO IMPORTANT. But what a balanced budget really does is stop the fucking greed, the graft, the endless spending on someone's but small percentage of society's interest. It is primarily stopping the CENTRAL PLANNING that is at the heart of greed, corruption, incompetence and self interest of spending on things that aren't what society needs but of what some small segment of society wants. Central Planning never is able to see the total ramifications of their ideas most of which time has inevitably shown to be negative. I can say this because we are 36T in debt and promises of much more unpayable and collapsing impoverishment in the American future.
Something hit Me as I read , You said "Central planning" . Isn't that like socialism? Ic an central plan at home , but My plan does not include You !
Hey Bill. You should do a piece on Canada’s Trudeau, a man with such foresight that he resigned just before Trump plops down a 25% tariff, on who knows what. There is no government to negotiate with Trump, so he can do what he wants. And there won’t be a government until the end of March, at which time, if the stars align, the present government will be defeated and we have a 2 month election. Trump has 5 months to do to Canada what he wants with no official to object. At least Biden had powerful people in the background. Trudeau made himself the most powerful man in Canada and now Canadians are suffering for it.
But everything press said the Canadians supported him. They were all against the truckers convoy and all for his covid actions. People get what they deserve. Just like California got what they voted for and continue to vote for.
Bill:
I agree with everything you said about idiot Biden; I’m glad he is gone. He will remembered as the worst president to date. Now, on Trump. His first four years was filled with inexperience, bad advice from people in his cabinet and ‘MANY’ roadblocks caused by the Democratic Party. Now he has another 4 years and you have already made a conclusion of his policies; this is after 3 days. WOW, you certainly have the magic of clairvoyance. After the Trump 4 years have completed, you have the right to give your opinion. Until then it is dishonest to predict the future. Thanks for NOT listening. AP
Again I ask why you don't have a dislike button. I really am tired of Gallien and his stupidly annoying remarks. Please put a dislike button beside the like button. Stop being wimpy and do that.
Joe Biden came to power the year I was born. In my lifetime, I have only seen a Federal budget balanced for a few minutes when Bill Clinton was President. That was most likely a mistake, because it wasn't long before that was remedied. CONGRESS acts like a newly off to college teen with a rich Daddy's credit card... Irresponsible and unaccountable. However, I am the beneficiary of this wild spending spree. And my father, too. We have enjoyed a better standard of living, (and I bet many of you, as well) than we earned. All participants in the game have been winners..
I was interrupted by sending my son off to take the CPA exam this morning. Tomorrow, he gets married and in a few months he starts work at Ernst & Young.. I am fairly certain his genetation will find out that the party is over. There are no long term benefits to succesive generations who are saddled by debt of their ancestors, debt that was used to finance grifters and self dealers. Joe Biden is what I call a legacy politician. He behaved in predictable patterns of go along and get along to get re elected. His electorate is potentially no better off after 53 years of his public "service." But....the Biden family is consderably better off. It proves that the electorate has a difficult time learning.
I am fairly certain that if we stripped the personal benefits from being in Congress, reduced it to a 90 day per year service period, and stripped the budgets for staffs, etc, that only real public servants would want to serve. It would also reveal the bloat that has consumed Washington in the form of lobbyists. I am offering ideas......but no one is listening.
Always forgotten is that Trump is just one man. He was surrounded by jackals in his first term and was beset on all sides. I would have collapsed in a heap, not knowing who was right, wrong, friend or foe. Trump 2.0 is a different beast and although some decisions of his I don't get, he is a different kettle of fish to what was the last administration in EVERY way. There is no one person who could assume such a momentous task who you would totally agree with, but I bet there are more for him than against him. If it doesn't work out, the West as we know it, is over. Go The Don.
“Joe Biden’s legacy of failure over the last three years is unmatched in modern history.”
Biden , himself , had very little to do with all of this crap you attribute to him,
Which is why he pardoned all that did at the end. Criminals all especially fauci and the BCF.
Tlasso: And what do you think Trump is doing for the 1-6 criminals?
I am surprised that Bill was so easy on Biden - considering he fronted the worst administration that anyone can remember. I hope that when his eulogy is written - it wont be as nice!