At the present rate, the war would add about a half a trillion to the US deficit this year. If it goes on as long as the war in Afghanistan, it will add $10 trillion to the debt.
From former Congressman David Stockman: "...we are dealing with what amounts to a war with 21st century technology of destruction based on religious fanaticism. And we do not mean that of the Shiite clerics who misrule the Iranian people.
The real fanatics are Bibi Netanyahu and the neocon warmongers domiciled in the banks of the Potomac. They have created a “47-Year War on America” narrative which is an utter, complete and unmitigated Big Lie.
This horrific Big Lie has become embodied in the most senseless war by far that the American Warfare State has yet launched.
And it is not only jeopardizing upwards of one-fourth of of globally consumed petroleum and LNG-based hydrocarbons, but the global food supply, too."
The trump administration is all about shock & awe! And our children, grandchildren and great grandchildren will pay for it for the rest of their lives. Thank you Bill for your honest analysis!
The collective, feckless incompetence of those in charge the last 60 years is what produced circumstances so dire and made many so desperate as to produce the phenomenon of Donald Trump. This is something nobody seems to want to get. Best always. PM
Here come the parade of Knowitall elitist academics and do nothing but complain blame and spew horse manure at those of us who either voted Trump or support the effort to rid the world of one of the most repressive evil satanic regimes in world history right up there with YOU KNOW WHO in Nazi Germany, Joseph Stalin and Mao Tse Tung. But here at BPR its all about skewed historical references, half baked ideas and getting click bait with molotov cocktail postings like this. Nonsense. Ignore it. or deplore it and push back like me. TRUE human rights activists should be up in arms about Iran...that REGIME, who yesterday hung a 19year old protestor, a world class wrestler and others, who did nothing but protest the killings of 30,000 BEFORE TRUMP EVEN STARTED BOMBING WITH BIBI. Getting a nuke categorically unacceptable to the world for Iran but they were defiant belligerent and adamant to do so. And ENDING 47 years of TERROR including over 2,000 american deaths, mayhem, meddling, assassination plots against Israel and TRUMP and treating women like chattle and cattle and taking all the money they earned on oil revenues for their MILITARY INDUSTRIAL COMPLEX and NUKES in Iran and NOT the people to feed clothe and house them or normalize relations and trade, is a worthwhile wager and while War is HELL, it is often necessary for SELF DEFENSE (ample reasons here people) and to END A THREAT AND FIX THE MIDDLE EAST ONCE AND FOR ALL. The Saudis, Jordanians, Kuwaitis and Emirates quietly were SUPPORTING US. True, Iran has been firing off every missile in their arsenal in Armeggedon style, a state of being they DESIRE frankly in their SICK VIEW they go to Heaven, when they wont and DONT, and I am also disgusted at our NATO EURO feckless friends and cowards. I criticize Trump often when he deserves it. HERE IN IRAN HE DESERVES OUR GRATITUDE. LISTEN TO GEN JACK KEANE, retired Four Star, who is a FINE FINE MAN, and OUTSTANDING GENERAL who GETS IT AND IS TAPPED INTO IC and whats going on, BUT NOT BILL BONNER. And the people here who are isolationist, libertarian lunatics elected to NOTHING. Thank God.
A good big picture summary. Cleaning up a 50 year problem was never going to be easy. The world is full of TALKERS, but very few doers. Yes this is painful. What have the TALKERS accomplished in the last 50 years? NOTHING!
We clearly see now who our real friends are .....no one!
and its easy to throw rocks at those in elected office and in the White House. Ever been in front of klieg lights people (I have...dont ask) and its scary as hell and we should be glad we have a leader who is decisive and doing what he thinks best for our nation and the world and Israel. THIS WILL RESOLVE SOON. WEEKS. 2-3 weeks and then oil will come down and good things start to happen and rebuilding Iran into a nation of civilized manners and who actually like AMERICA will start. You watch. BE PATIENT. Trump is imperfect. Anyone here a perfect human being? Thought so.
Patrick, just wondering, what "successful wars" has "Outstanding Four-Star General Jack Keane" lead this nation. I wonder how many young American lives he went to Dover and saluted.
It appears to me that the Iranian engineers are a pretty smart bunch. If we keep poking, we just might find out if they have a NUKE. I would think if they were going to get wiped off the face of the earth, they just might press the button. "Desperate people do desperate things"
I have begun to really question your judgment about the economic and world perspective we (the US) finds ourselves in as the Iran war continues and we add more debt each day. Your continual reference of left wing biased media such as CNN and CNBC to support your assertions is ridiculous and at a minimum causes your readers to highly question your daily missives. If it wasn't for the invaluable financial advice of Tom Dyson I would have canceled long ago.
But blinded Trumpsters like yourself aren't obligated to provide a scintilla of actual facts or logical argument: just call out names and assertions that defy the realities taking place.
What did the eternal optimist say when he fell off a 1,000-foot cliff? "I'm not dead yet."
I've been waiting for the primary trends to bring about the collapse for 45 years, so very convinced and self-assured in my propriety, judgment, and rectitude that I missed God only knows how many opportunities and tied myself down with God only knows how many cords and chains in the process. I got out of "investing" (meaning: making others rich) in the Dot-Com run-up. I have actually "nothing" to lose in the Crash, because I have "nothing" now, and I should be rooting like Hell for it (The Crash), but I have learned, none of it is up to me. It would seem we're in a pickle, but what, when, and how it plays out will make a male donkey out of many. At 73, I'm through worrying about it. I came into this world with nothing, and I'll be going out the same way. In between it's been a helluva ride. Best always. PM
Bill you wage your literary war on Trump and his spending. You fault his use of weapons on two fronts i.e
their costs and the damage they do to the world's economies. Moreover, you include Israel as a player in this same debacle. Do you ever perceive that this war against terrorism might just be a good thing for the world's economies? Have you ever considered the extent to which an economic synergy between and among the East, Middle East and Far East countries would contribute to the world's economies? Just maybe Trump's war on Iran and their their terrorists proxies is an economic policy disguised as a war?
But it appears you are missing one critical point Mr European. Trump asked NATO for help and their response was "its not our war." So the US is asking for help to guarantee supply of their need for oil / energy, coming from their strait and their economy on the line, German gas costs 7.85 per gallon, and "its not their war"! The US has a meager amount of oil coming thru Hormuz. But the Europeans kinda like it when we spend hundreds of billions of dollars a year on their security, fighting their wars, like have you forgotten about the Ukrainian war. Personally I think we need to leave NATO for good and let these socialists (dictators really since they've been voted out of office but won't leave while they jail their competitors and censor and jail their people) fend for themselves. It's pretty obvious when they say they must defeat Russia (so they can steal Russia's resources and constantly tell Zelensky he must stay in the war) that these imbeciles need to pay their own way and see how well their constituents like to wait till 2029 for new elections. That is the case for Merz, Macron and Starmer! New elections in 2029 after they pull about 10% poiltical support from their own people. They aren't leaders, they are corrupt politicians that want power to impose nonsense on their people so they can stay in power and milk their constituents while taking away their freedom.
I suggest you start reading something other than Politico or the NEW York Times. You might wake up to reality.
Right on Bill! Heard today the Administration is thinking of lifting the oil embargo on Iran’s oil, to help ease prices here at home?! Wow, there ya go! WTF! I’ll bet you a Trillion, 50 Trillion by the end of Trump’s term? That will get the next goofball in office all emboldened to really get going on the borrowing.
Our warfare/welfare Administrative State has been on a fiat money Jones since 1933, mainlining since 1971, and like junkies with other types of Jones, the addiction has transformed the metabolism from a democratic to a kleptocratic republic relentlessly focused on getting the next Fix. Who will prevail, the IRGC which has long since been comfortable with mass murdering it's restive residents, or the land of WeThePeople which still cringes when a couple of naive recruits to the anti-colonial colonial militia get ICEd. Stay tuned for the next exciting episode.
Interesting how the IRGC has harnessed BTC mining with ultra cheap energy to circumvent Western sanctions. They're evil but not dumb Perhaps just as Persian and Byzantine wars cleared the field for Islam to break out of its desert origins, this war will clear the field for some new Tower of Babel to make its attempt on the heavens, or at least Luna, Mars, and the asteroids.
This is a pretty damning editorial on America and Trump. While some statements are accurate, it is devoid of context and filled with the vitriol we have come to expect of American news media. Such language further polarizes us and does nothing to effect change.
From former Congressman David Stockman: "...we are dealing with what amounts to a war with 21st century technology of destruction based on religious fanaticism. And we do not mean that of the Shiite clerics who misrule the Iranian people.
The real fanatics are Bibi Netanyahu and the neocon warmongers domiciled in the banks of the Potomac. They have created a “47-Year War on America” narrative which is an utter, complete and unmitigated Big Lie.
This horrific Big Lie has become embodied in the most senseless war by far that the American Warfare State has yet launched.
And it is not only jeopardizing upwards of one-fourth of of globally consumed petroleum and LNG-based hydrocarbons, but the global food supply, too."
The trump administration is all about shock & awe! And our children, grandchildren and great grandchildren will pay for it for the rest of their lives. Thank you Bill for your honest analysis!
The collective, feckless incompetence of those in charge the last 60 years is what produced circumstances so dire and made many so desperate as to produce the phenomenon of Donald Trump. This is something nobody seems to want to get. Best always. PM
Here come the parade of Knowitall elitist academics and do nothing but complain blame and spew horse manure at those of us who either voted Trump or support the effort to rid the world of one of the most repressive evil satanic regimes in world history right up there with YOU KNOW WHO in Nazi Germany, Joseph Stalin and Mao Tse Tung. But here at BPR its all about skewed historical references, half baked ideas and getting click bait with molotov cocktail postings like this. Nonsense. Ignore it. or deplore it and push back like me. TRUE human rights activists should be up in arms about Iran...that REGIME, who yesterday hung a 19year old protestor, a world class wrestler and others, who did nothing but protest the killings of 30,000 BEFORE TRUMP EVEN STARTED BOMBING WITH BIBI. Getting a nuke categorically unacceptable to the world for Iran but they were defiant belligerent and adamant to do so. And ENDING 47 years of TERROR including over 2,000 american deaths, mayhem, meddling, assassination plots against Israel and TRUMP and treating women like chattle and cattle and taking all the money they earned on oil revenues for their MILITARY INDUSTRIAL COMPLEX and NUKES in Iran and NOT the people to feed clothe and house them or normalize relations and trade, is a worthwhile wager and while War is HELL, it is often necessary for SELF DEFENSE (ample reasons here people) and to END A THREAT AND FIX THE MIDDLE EAST ONCE AND FOR ALL. The Saudis, Jordanians, Kuwaitis and Emirates quietly were SUPPORTING US. True, Iran has been firing off every missile in their arsenal in Armeggedon style, a state of being they DESIRE frankly in their SICK VIEW they go to Heaven, when they wont and DONT, and I am also disgusted at our NATO EURO feckless friends and cowards. I criticize Trump often when he deserves it. HERE IN IRAN HE DESERVES OUR GRATITUDE. LISTEN TO GEN JACK KEANE, retired Four Star, who is a FINE FINE MAN, and OUTSTANDING GENERAL who GETS IT AND IS TAPPED INTO IC and whats going on, BUT NOT BILL BONNER. And the people here who are isolationist, libertarian lunatics elected to NOTHING. Thank God.
A good big picture summary. Cleaning up a 50 year problem was never going to be easy. The world is full of TALKERS, but very few doers. Yes this is painful. What have the TALKERS accomplished in the last 50 years? NOTHING!
We clearly see now who our real friends are .....no one!
and its easy to throw rocks at those in elected office and in the White House. Ever been in front of klieg lights people (I have...dont ask) and its scary as hell and we should be glad we have a leader who is decisive and doing what he thinks best for our nation and the world and Israel. THIS WILL RESOLVE SOON. WEEKS. 2-3 weeks and then oil will come down and good things start to happen and rebuilding Iran into a nation of civilized manners and who actually like AMERICA will start. You watch. BE PATIENT. Trump is imperfect. Anyone here a perfect human being? Thought so.
Patrick, just wondering, what "successful wars" has "Outstanding Four-Star General Jack Keane" lead this nation. I wonder how many young American lives he went to Dover and saluted.
It appears to me that the Iranian engineers are a pretty smart bunch. If we keep poking, we just might find out if they have a NUKE. I would think if they were going to get wiped off the face of the earth, they just might press the button. "Desperate people do desperate things"
Nice rationalization for having voting for the "poetic dumbass"
I have begun to really question your judgment about the economic and world perspective we (the US) finds ourselves in as the Iran war continues and we add more debt each day. Your continual reference of left wing biased media such as CNN and CNBC to support your assertions is ridiculous and at a minimum causes your readers to highly question your daily missives. If it wasn't for the invaluable financial advice of Tom Dyson I would have canceled long ago.
But blinded Trumpsters like yourself aren't obligated to provide a scintilla of actual facts or logical argument: just call out names and assertions that defy the realities taking place.
Be nice now as you have no idea what you are talking about.
What did the eternal optimist say when he fell off a 1,000-foot cliff? "I'm not dead yet."
I've been waiting for the primary trends to bring about the collapse for 45 years, so very convinced and self-assured in my propriety, judgment, and rectitude that I missed God only knows how many opportunities and tied myself down with God only knows how many cords and chains in the process. I got out of "investing" (meaning: making others rich) in the Dot-Com run-up. I have actually "nothing" to lose in the Crash, because I have "nothing" now, and I should be rooting like Hell for it (The Crash), but I have learned, none of it is up to me. It would seem we're in a pickle, but what, when, and how it plays out will make a male donkey out of many. At 73, I'm through worrying about it. I came into this world with nothing, and I'll be going out the same way. In between it's been a helluva ride. Best always. PM
Bonner is beyond help
We all are. We are all headed for the scrap heap, and I sooner than later. It's OK; I had my shot. Best always. PM
The dems way to eliminate the National debt. Let Iran have nuclear bombs to drop on us. No more us no more debt.
Bill you wage your literary war on Trump and his spending. You fault his use of weapons on two fronts i.e
their costs and the damage they do to the world's economies. Moreover, you include Israel as a player in this same debacle. Do you ever perceive that this war against terrorism might just be a good thing for the world's economies? Have you ever considered the extent to which an economic synergy between and among the East, Middle East and Far East countries would contribute to the world's economies? Just maybe Trump's war on Iran and their their terrorists proxies is an economic policy disguised as a war?
But it appears you are missing one critical point Mr European. Trump asked NATO for help and their response was "its not our war." So the US is asking for help to guarantee supply of their need for oil / energy, coming from their strait and their economy on the line, German gas costs 7.85 per gallon, and "its not their war"! The US has a meager amount of oil coming thru Hormuz. But the Europeans kinda like it when we spend hundreds of billions of dollars a year on their security, fighting their wars, like have you forgotten about the Ukrainian war. Personally I think we need to leave NATO for good and let these socialists (dictators really since they've been voted out of office but won't leave while they jail their competitors and censor and jail their people) fend for themselves. It's pretty obvious when they say they must defeat Russia (so they can steal Russia's resources and constantly tell Zelensky he must stay in the war) that these imbeciles need to pay their own way and see how well their constituents like to wait till 2029 for new elections. That is the case for Merz, Macron and Starmer! New elections in 2029 after they pull about 10% poiltical support from their own people. They aren't leaders, they are corrupt politicians that want power to impose nonsense on their people so they can stay in power and milk their constituents while taking away their freedom.
I suggest you start reading something other than Politico or the NEW York Times. You might wake up to reality.
Just consider what a wonderful world this would be if Iran gets a NUKE.
Bush, Clinton, Obama. and Biden (brain dead) did nothing but talk and give them money. How did that work out?
Jim Marsahall
Right on Bill! Heard today the Administration is thinking of lifting the oil embargo on Iran’s oil, to help ease prices here at home?! Wow, there ya go! WTF! I’ll bet you a Trillion, 50 Trillion by the end of Trump’s term? That will get the next goofball in office all emboldened to really get going on the borrowing.
Our warfare/welfare Administrative State has been on a fiat money Jones since 1933, mainlining since 1971, and like junkies with other types of Jones, the addiction has transformed the metabolism from a democratic to a kleptocratic republic relentlessly focused on getting the next Fix. Who will prevail, the IRGC which has long since been comfortable with mass murdering it's restive residents, or the land of WeThePeople which still cringes when a couple of naive recruits to the anti-colonial colonial militia get ICEd. Stay tuned for the next exciting episode.
Interesting how the IRGC has harnessed BTC mining with ultra cheap energy to circumvent Western sanctions. They're evil but not dumb Perhaps just as Persian and Byzantine wars cleared the field for Islam to break out of its desert origins, this war will clear the field for some new Tower of Babel to make its attempt on the heavens, or at least Luna, Mars, and the asteroids.
This is a pretty damning editorial on America and Trump. While some statements are accurate, it is devoid of context and filled with the vitriol we have come to expect of American news media. Such language further polarizes us and does nothing to effect change.
We sure are putting cracks in that wall we keep knocking our heads into.