Interest rates are probably on their way to all-time highs. And if that is so, it is the single most important financial news you’re likely to get today, this week, or this year.
“Gracelessly rounding up people who had done no wrong.” Whoops Bill. Jumping borders in any other country gets you a prison sentence or possibly shot. WTF? Why does anyone think this is ok? It should be met with an arrest or a gunshot wound.
What about the medical neglect, degrading conditions, intimidation tactics, violent assaults, sexual assaults, denial of medical care and solitary confinement in the ICE prison camps, fan of those too?
You watch way too much legacy media and progressive politians. 95 to 99% of the legacy media comments are negative toward Trump. The legacy media are shaping the beliefs and opinions of the American public. They, like you, do not understand the nature of critical thinking. Don't be ashamed of your utter lack truth and understanding, as the American education system is hard at work shaping that which you should belive; its not your fault.
1. They willfully broke our laws and came here illegally. That's on them.
2. They have been given every opportunity to self-deport. Had they done so, they wouldn't be in the situation they're in.
In other words--they made two very poor choices and have no one to blame but themselves. With the exception of little children, they deserve zero sympathy.
"Haven't seen one yet." I bet you could find a few if you searched online. Fortunately not many in the scheme of things. One was a citizen on his back with nothing in his hands. No doubt he was impetuous and likely unhappy with whatever ICE was doing, but certainly undeserving of being shot point blank.
It might be time for a eye examination. Summary execution is a bit much, try any of the tactics used by the anti ICE protesters against any police force in 90% of US cities and see if you don't end up on a slab. Contrary to the recent understanding of the judicial system in America, no criminal prosecution can begin until the defendant has either been formerly arrested by the police or turns themselves into the police.
As such it becomes necessary to send out the police to round up those unwilling to turn themselves in. Some are very unwilling, the police carry firearms not to protect the public by themselves from criminal aggression. That is a fact of law enforcement ask your local police or politician of either political party. This is not to say a police officer will not occasionally use his firearm to protect the innocent, but that is not what it was issued.
Jim, I suppose you were never a cop. When you play someone under arrest, they will either comply or fight. A picture of this. Back when I worked for that job, I was 6‘5“ tall and 265 pounds. Now picture of that video, me on top of that person. It is very ugly. However if these dead people in Minnesota had complied, they would be alive today. Jim, you’re getting so much better with reality in my opinion. if they don’t comply, what would you have them do? Exactly? What should they do? The police I mean.
Total BS. I used to be a cop. When you tell someone that you’re replacing them under arrest, they run they fight or they fight and run. If they do not comply, it is an extremely ugly picture when I was working there I was about 6‘5“ tall and weight about 265. Ugly.
Yeah, great idea. It worked out so well in Vietnam, Iraq, Afghanistan.
Here's a better idea - as nowadays USA has plenty of its own oil.
Just get out of the middle east. Let the Arabs, Persians and Israelis sort out their own mess. (Israel won't be overrun, as it has the bomb, but it might stop causing trouble.).
Let the Israelis and other 'allies' buy their weapons; stop giving them away for free.
Use the money not wasted on other people's wars, and profits from armament sales, to rebuild USA's infrastructure.
Won't happen, of course. Americans are hard-of-thinking, and just don't learn.
There was a time when both Democrats and Republicans were in favor of both laws and law enforcement. It wasn't until the political goals of one side became achievable through selective application of both law and enforcement that the trouble really started. The premise of the Left is upset, which is the goal of all revolution. There is one inescapable fact in all of this political confusion: we had more social cohesion and political progress as a country 65 years ago than we do now. It got really bad when the government itself became the source of the lawlessness, willfully neglecting both law and obligation by pursuing the policy of upset to the extreme and promoting and enabling illegal, consequence-free immigration, knowing in advance the effect that it would have, while simultaneously gambling that they would get away with it. Best always. PM
But the lawlessness is not just the open borders of the Biden administration. Check out JD Vance on Joe Rogan saying that the CIA and/or Mossad we're behind the Epstein blackmail operation. He says it like he's a guy talking with friends at a bar or in a locker room with no power to do anything about it. The DOJ has over 6 million pages of files but no prosecutions or investigations into the operation - including who was behind it and which politicians and officials have been compromised.
Patrick, take it easy. This is only a forum to share ideas and opinions. No need to attack me. But if you're worried about Jihadis you better tell Donald Trump. He recently welcomed Ahmed al-Sharaa into the White House. Ahmed was promoted from former top headchopper of ISIS with a $10 million State Department reward on his head to the presidency of Syria. Donnie even made a comment about his good looks.
And don't forget Carter's NSA advisor and the CIA organized the original Al-queda for Operation Cyclone to lure Russia into a war in Afghanistan. Later, Brzezinski said the ensuing problems with Osama and his merry band of Jihadis was worth the price for giving Russia their "own Vietnam". You probably rem the picture of Ronnie Reagan welcoming the Taliban into the White House and Stallone fighting with them in one of his movies.
I don't think it's a surprise that the 30 yr rate is going up. It isn't going to reverse. Plenty of cash for the time when good dividend paying stocks are worth buying a LOTS OF METAL that I started buying back in the 70's. As for the illegal question, THE WORD SPEAKS FOR ITSELF! I didn't work all my life to hand out goodies to people that have no legal right to be here. It is even a greater crime when regular citizens can't get the hand outs the ILLEGAL's get!
Now this is FAKE NEWS!! The claim that undocumented immigrants get welfare citizens can't is demonstrably false— federal law explicitly bars them from major benefits.
Maybe Trump should’ve bombed Iran to rubble instead of giving them 9 chances for a peace deal. Interest rates the highest ever? Your selective memory just blanked out the late 70s & early 80s, Billy
Even if Iran were rubble, I don't think it would change the outcome. Half the country is obviously underground, remote and secure. The political apparatus is immune to pressure from the population. We have no leverage in the traditional, Western sense. If we didn't know that going in, we know it now, and we should act accordingly. Best always. PM
Or maybe he should have followed the advice of George Washington and avoided foreign entanglements. Bombing countries to rubble because they don't agree with the US have resulted in trillions in debt.
Gracelessly rounding up people who had done no wrong...and treating them with brutish recklessness
Another stupid statement made by Bill. “ done no wrong” been watching what just happened in Spain Bill?? You’re so blind and afflicted you can’t see what’s happening in this country. Only a total fool believes that all these illegals are ok to be here.
Partners, run from this guy!!! He’s sick!!! How much of his other drivel is correct??
Isn't the real question whether the Fed ultimately has only two choices? Either allow long-term Treasury yields to rise, with all the consequences for government financing and asset prices, or suppress yields through bond purchases (yield curve control), effectively monetizing part of the debt. If political pressure makes the first option unacceptable, doesn't the adjustment simply shift from higher yields to a weaker dollar and higher inflation?
Britain is becoming what its native son Eric Blair predicted. His only miscalculation was that the proles are not native stock but third world head choppers.
I guess I missed something whether Biden or Trump.It's the congress that spends the money. Indeed , there were cases this year where the executive tried to pull back money and the courts ruled that the executive could not pull back the money as it was duly allocated by the congress of the united states.
Congress authorizes spending but the president does have the power to veto any bill passed by Congress. However, Trump has not vetoed one pending bill during his 5 1/2 years in office. Both parties love spending money.
Patrick. Once again, take it easy. We have no say in anything anyway. But my point was that Trump has never vetoed a single spending bill. So although CONgress passes the
Sorry. Although CONgress passes the spending bills a president can veto them. Then he can use the Bully Pulpit to inform the public why he did it. This has nothing to do with Russia, etc. Just the facts, Jack! Both teams have run up a national debt of $35 trillion this century!
Toss out the insane number of illegal immigrants that flooded the United States with fraud and violence. At the top of the unwanted immigrants list put the radical Islamics! Trump keeps working to deal with Iran….very very unlikely any deal will last. Very sad situation.
Cheapen the U.S. dollar and strengthen U.S. manufacturing so the U.S. economy can participate in a dominant position in the coming Robot revolution. Balance out trade! Strengthen our SOVEREIGNTY. I was raised in a manufacturing family business and Asia and Europe dumped stainless steel into the U.S. for 50+ years. The U.S. government did nothing to stop it!
Clean up the U.S. voting system, social security, welfare, and every give away program. Stop creating parasites.
Abolish socialism and communism! Cuba needs to suffer till the communists surrender or get dragged into the streets by their own people and lynched. Save Venezuela and use their oil to rebuild their society and economy. Venezuela is so mineral rich….the Venezuelan people needed the U.S. to intervene so they can live free again.
Keep a very hi tech U.S. military ready on a moments notice. Yes the Military budget is enormous and that is a good thing….look at Western Europe !
What about the commies right here in the US? Shouldn't war lead by example and abolish the Central Planning Committee (the Fed)? Why worry about Cuba when we are being destroyed from within?
Is an enormous military budget a good thing when we can pay for it? Read up on the history of the fall of the Roman Empire. Overextended military, bread and circuses, an increasing wealth gap and debased currency.
Personal debt is only a problem if the person dies. A huge Deficit is only a problem if the Country dies.
Rome fell when the Men of the Mind moved to the country. Rome collapsed on top of itself. Women were divorcing men in a larger percentage than Men divorcing women. The coliseum’s entertainment reached incredible lows. Read Will & Ariel Durant, “Caesar & Christ”.
In the case of the United States; we have DONALD TRUMP, oil, water, food, manufacturing capabilities, strong military, incredible technology. We obviously are short on Nuclear power, Potash (fertilizer) and certain rare Earth Minerals, a modern steel mill (Billet Production, rolling mill and sheet), our education system needs a massive enema….But we are very capable.
Americans need to remember our ancestors left all “The Great Western European Civilizations “ and came to North America to get away from Kings, Queens, Czars, Dukes, Duchesses, Lords, Lady’s to be free!!! Somewhere inside the majority of Americans is an incredible human spirit. Bill Bonner NEVER promotes strong America!!! Very Sad!
A huge deficit is only a problem when tbe country dies? What about the trillion dollar we will pay in interest on the debt this year? To paraphrase Blanche DuBois - "Whoever you are—we have always depended on the kindness of foreign countries to buy our debt". What happens when that ends?
What happens when the Central Planning Committee at the Fed can no longer control interest rates?
1. Debt Held by the Public (~81% of total gross debt)
This is money the government owes to outside investors, held by:
· Mutual and Pension Funds ($6.6T, ~17%) – the largest public holders
· Other Domestic Investors ($5.7T, ~15%) – includes insurance companies, money market funds, nonprofits, and businesses
· Federal Reserve ($4.4T, ~11%) – more than Japan, UK, and China combined
· Individual Investors ($3.0T, ~8%)
· Banking Institutions ($2.4T, ~6%)
· Other Nations ($6.5T, ~17%) – the foreign category you mentioned
2. Intragovernmental Debt (~19% of total gross debt)
This is money the government owes to its own agencies and trust funds, including:
· Social Security Trust Fund ($2.6T, ~7%)
· Other Government Trust Funds ($5.1T, ~13%) – includes Medicare, federal employee retirement funds, and military retirement
In short, domestic investors collectively hold about $17.7 trillion—nearly double the $9.3 trillion held by foreigners. The U.S. largely finances its own debt.
So the U.S monetizes most of its own debt….pretty strange revelation for most purests.
Do you support the Trump DOJ stonewalling the New Mexico investigation into Epstein 's Zorro ranch? NMDOJ is suing the Trump's DOJ for not cooperating with their investigation into the crimes committed at that Epstein property.
Epstein is a distraction….we all know he was a pervert operative.
A friend of mine is a Catholic Scholar. 20 years ago I was giving him an ear full regarding the Pedophile Priests in Boston. He smartly said, “a few bad Priests mean nothing to a 1800+ year old institution”.
Epstein is a flash in the pan. The Republican Party began with Abraham Lincoln….just a distraction.
If he's a flash in the pan why is the New Mexico DOJ for stonewalling their investigation into Epstein's Zorro Ranch? Why won't Blanche or Crash Patel simply release all the files? We all know he was a pervert operative for whom? Vance said he was probably working for Mossad/CIA. Even former US Attorney for the Southern District of Florida said Epstein was working for "intelligence".
None of that bothers you? No investigation into who was behind Epstein or which politicians and officials have been compromised possibly by a foreign power Israel?
Hillarious (after Hillary C.) Bill as usual. His selective memory and forgetfulness of communist deeds in this country, laced with TDS syndrom is preventing him to see better. His buddy Obama was in war and bombing everything in the Middle East for most of his presidency.
Syria alone was bombed for over 2 years, without congressional approval, dropping over 12K bombs to get his Nobel Peace Prize. He bombed 7 countries by end of his presidency, and in his final 2016 salvo, he dropped over 26K bombs that year at 72 bombs every day for entire year. Good job and well deserved recognition by Bill.
The waters of the collective consciousness, churning with riptides and whirlpools, is no place for calm thought and contemplation of solutions to mankind’s distractions and distress. If possible, my goal is to make my way to more peaceful seas in which to cast my net. Later, my friends.
What we fail to admit is that there is no longer enough commonality of purpose and understanding for a union to exist. One side will have to acquiesce to the other, or the two sides need to separate. In the meantime, cross purposes and dysfunction are the order of the day. Best always. PM
I like it; I'm for it. My fear is this: rapid urbanization of key areas of the state creates a mass that is impossible to offset. I live in Indiana, but I am in Texas regularly, travelling there since 1994, and I have seen what is happening over the last 30 years with an outsider's perspective. I'll be going again (with trepidation) in October. The rapidly growing areas are the dominant, big cities, the I-35 corridor and Houston, which are "blue" by definition. I can't see how Texas stays "red" for long. It's worse each time I am there. Best always. PM
Between the exodus of Californians transforming Texas, Arizona, Idaho, etc and the brainwashing of the last two generations by academia, I fear we are screwed.... They can vote their way in but I feel my kids will have to shoot their way out.
Yes the influx of blue is very noticeable and not wanted by me. Of course my brother is a far left nut job and he loves it. I live so far out in the sticks that it doesn't really affect me one way or another, just worried about my kids and grandkids who live in the DFW Metro.
This has been tried before. If Texans vote for people like Talarico, the hill grows steeper. Still … who knows. There are serious problems that require intelligent solutions.
The phrase in Scripture that "He will send them great delusion" is very appropriate in the case of Talafreakazoid. But all the part-time Christian AWFL'S love him. I'm all for going back to only male landowners having the voting privilege 😆😂
I always thought financial collapse would occur before a real, honest bloodletting, or even a figurative bloodletting, because the financial collapse would have required differences to be set aside. I guess I learned nothing from 9-11. Things will be better in 10-15 years with the marginalization of the Boomer generation. Best always. PM
You sound pretty optimistic. What about all those young “minds full of mush” who don’t understand the foundations of U.S.? You know, the ones wearing hammer and sickle pins on their Che Guevara T-shirts?
So maybe we shouldn't expect a savior to lead us out of the wilderness. Both parties have contributed to our decline. Both parties have saddled us with a debt of over $39 trillion. Both parties backed the useless and costly invasions of Iraq, Libya, Syria, etc. Both parties are responsible for the coverup of the Epstein blackmail operation. JD Vance even tells Rogan that the CIA and Mossad were probably behind it but he has no intention of doing anything about it.
It's interesting how the equity markets are treating all this bad news. The SPY has hit all time highs and is up 3.27% today and the QQQ gapped up at the open and has just kept climbing. It's up 3.2% as of now. It makes me think that maybe some of the gold bugs and doom and gloomers are missing something somewhere. I've never read this much negativity in my life other than the covid months and the great RE recession. I'm playing it defensive but I still own some AI stocks and some tech stocks. I'm a believer in gold and silver for insurance. But it's not in my nature to hide in a cave month after month. I guess we can bash Trump to pass the time.
Can you really call them equity markets when a majority of trading is done by algorithms? The machines see a headline that there is a possible truce with Iran and they go crazy.
Equity markets is just a descriptive label. Humans program the algorithms and can override them anytime. Smaller intermarket trades are made all day long by program trading, but the major strategy is handled by management.
Bill says: "The Federal government now pays over $1.2 in interest payments a year" Hey, that's not even $2 ! And here I thought it was in the billions or trillions.
Gracelessly rounding up people who had done no wrong...and treating them with brutish recklessness — on video...made Americans uneasy. The LA Times:
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In other words, those that entered illegally did nothing wrong.
It's those nasty ICE agents that are breaking the law!
To the media, it's $$$ to exploit.
Unless they are illegally detaining 170 US citizens without due process, Miranda rights or right to call an attorney…then there was that!
https://www.propublica.org/article/immigration-dhs-american-citizens-arrested-detained-against-will
Biden allowed some 15 million souls to enter without identifying who the hell they are.
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If there's 170 people, that's only about .000011% error rate...
What other agency has a stellar record like that?!
Surely you don't approve the summary executions that some ICE agents have conducted?
Haven't seen one yet...
I have seen a few folks interfere with ICE's duties... some even with weapons.
They unfortunately FAFO.
But executions?
That's where someone is tied to a pole and blindfolded....
Like taxpayers paying for illegals...
“Gracelessly rounding up people who had done no wrong.” Whoops Bill. Jumping borders in any other country gets you a prison sentence or possibly shot. WTF? Why does anyone think this is ok? It should be met with an arrest or a gunshot wound.
What about the medical neglect, degrading conditions, intimidation tactics, violent assaults, sexual assaults, denial of medical care and solitary confinement in the ICE prison camps, fan of those too?
You watch way too much legacy media and progressive politians. 95 to 99% of the legacy media comments are negative toward Trump. The legacy media are shaping the beliefs and opinions of the American public. They, like you, do not understand the nature of critical thinking. Don't be ashamed of your utter lack truth and understanding, as the American education system is hard at work shaping that which you should belive; its not your fault.
"ICE prison camps" 🙄
Couple of things.
1. They willfully broke our laws and came here illegally. That's on them.
2. They have been given every opportunity to self-deport. Had they done so, they wouldn't be in the situation they're in.
In other words--they made two very poor choices and have no one to blame but themselves. With the exception of little children, they deserve zero sympathy.
Ian you've been smoking too eat too much cannabis.
Well, that's what the state media and the AOC types want you to believe.
I have not seen those things, Ian. I suspect you have not seen them either.
Have you watched Alex Pretti’s cell phone footage before he was shot in the back? I didn’t think so…
You are here attempting to make the agents look bad.
Have you asked yourself WTF Alex was doing there with a gun?
I did watch it all for start to finish. He did not comply. Comply on the street and tell your complaint to the judge.
Have you considered Alex Pretti is a paid spook?
"Haven't seen one yet." I bet you could find a few if you searched online. Fortunately not many in the scheme of things. One was a citizen on his back with nothing in his hands. No doubt he was impetuous and likely unhappy with whatever ICE was doing, but certainly undeserving of being shot point blank.
...why does everyone use the word "deserve"?
Not sure anyone thinks he "deserved" to be shot.
-
It's an unfortunate situation...
Like a PREVENTABLE accident.
He could have prevented.
No one ever said... he deserved the accident.
Are you serious? "Executions" How about enforcing the law. Get a clue.
Of course enforce the law, but surely you don't countenance killing unarmed people regardless their citizenship
If the unarmed person demonstrates a threat, how do you know he's unarmed?
-
Execution?
Really?
Since when have executions involved bodily entanglement?
-
You are portraying Alex as innocent...
Alex was vile and threatening, kicking and screaming!
He had a gun.
Why was Alex there with a gun.
As an officer, what would you conclude?
What the hell are you talking about? No executions yet.
Good grief: “summary executions”? YGBSM.
You’re somethin’ else, Jimmy…LOL
It might be time for a eye examination. Summary execution is a bit much, try any of the tactics used by the anti ICE protesters against any police force in 90% of US cities and see if you don't end up on a slab. Contrary to the recent understanding of the judicial system in America, no criminal prosecution can begin until the defendant has either been formerly arrested by the police or turns themselves into the police.
As such it becomes necessary to send out the police to round up those unwilling to turn themselves in. Some are very unwilling, the police carry firearms not to protect the public by themselves from criminal aggression. That is a fact of law enforcement ask your local police or politician of either political party. This is not to say a police officer will not occasionally use his firearm to protect the innocent, but that is not what it was issued.
Jim, I suppose you were never a cop. When you play someone under arrest, they will either comply or fight. A picture of this. Back when I worked for that job, I was 6‘5“ tall and 265 pounds. Now picture of that video, me on top of that person. It is very ugly. However if these dead people in Minnesota had complied, they would be alive today. Jim, you’re getting so much better with reality in my opinion. if they don’t comply, what would you have them do? Exactly? What should they do? The police I mean.
But it was needed
Total BS. I used to be a cop. When you tell someone that you’re replacing them under arrest, they run they fight or they fight and run. If they do not comply, it is an extremely ugly picture when I was working there I was about 6‘5“ tall and weight about 265. Ugly.
So US is 5 months into a 4 week war, that was won in 2 days, because of a weapons program that was obliterated in one night over a year ago!
Well that surely was a succinct analysis of the war timeline but it lacks nuance to the point of it being just words strung together.
Let’s see if other commentators on here agree with you!
Yeah, great idea. It worked out so well in Vietnam, Iraq, Afghanistan.
Here's a better idea - as nowadays USA has plenty of its own oil.
Just get out of the middle east. Let the Arabs, Persians and Israelis sort out their own mess. (Israel won't be overrun, as it has the bomb, but it might stop causing trouble.).
Let the Israelis and other 'allies' buy their weapons; stop giving them away for free.
Use the money not wasted on other people's wars, and profits from armament sales, to rebuild USA's infrastructure.
Won't happen, of course. Americans are hard-of-thinking, and just don't learn.
There was a time when both Democrats and Republicans were in favor of both laws and law enforcement. It wasn't until the political goals of one side became achievable through selective application of both law and enforcement that the trouble really started. The premise of the Left is upset, which is the goal of all revolution. There is one inescapable fact in all of this political confusion: we had more social cohesion and political progress as a country 65 years ago than we do now. It got really bad when the government itself became the source of the lawlessness, willfully neglecting both law and obligation by pursuing the policy of upset to the extreme and promoting and enabling illegal, consequence-free immigration, knowing in advance the effect that it would have, while simultaneously gambling that they would get away with it. Best always. PM
But the lawlessness is not just the open borders of the Biden administration. Check out JD Vance on Joe Rogan saying that the CIA and/or Mossad we're behind the Epstein blackmail operation. He says it like he's a guy talking with friends at a bar or in a locker room with no power to do anything about it. The DOJ has over 6 million pages of files but no prosecutions or investigations into the operation - including who was behind it and which politicians and officials have been compromised.
Patrick, take it easy. This is only a forum to share ideas and opinions. No need to attack me. But if you're worried about Jihadis you better tell Donald Trump. He recently welcomed Ahmed al-Sharaa into the White House. Ahmed was promoted from former top headchopper of ISIS with a $10 million State Department reward on his head to the presidency of Syria. Donnie even made a comment about his good looks.
And don't forget Carter's NSA advisor and the CIA organized the original Al-queda for Operation Cyclone to lure Russia into a war in Afghanistan. Later, Brzezinski said the ensuing problems with Osama and his merry band of Jihadis was worth the price for giving Russia their "own Vietnam". You probably rem the picture of Ronnie Reagan welcoming the Taliban into the White House and Stallone fighting with them in one of his movies.
I don't think it's a surprise that the 30 yr rate is going up. It isn't going to reverse. Plenty of cash for the time when good dividend paying stocks are worth buying a LOTS OF METAL that I started buying back in the 70's. As for the illegal question, THE WORD SPEAKS FOR ITSELF! I didn't work all my life to hand out goodies to people that have no legal right to be here. It is even a greater crime when regular citizens can't get the hand outs the ILLEGAL's get!
Jim Marshall
Now this is FAKE NEWS!! The claim that undocumented immigrants get welfare citizens can't is demonstrably false— federal law explicitly bars them from major benefits.
Well said Patrick. I was about to tell Ian to wake up and open his eyes but you had a better response.
Jim
Lol- we're drowning in FAKE NEWS!!!!
Maybe Trump should’ve bombed Iran to rubble instead of giving them 9 chances for a peace deal. Interest rates the highest ever? Your selective memory just blanked out the late 70s & early 80s, Billy
Even if Iran were rubble, I don't think it would change the outcome. Half the country is obviously underground, remote and secure. The political apparatus is immune to pressure from the population. We have no leverage in the traditional, Western sense. If we didn't know that going in, we know it now, and we should act accordingly. Best always. PM
Or maybe he should have followed the advice of George Washington and avoided foreign entanglements. Bombing countries to rubble because they don't agree with the US have resulted in trillions in debt.
Gracelessly rounding up people who had done no wrong...and treating them with brutish recklessness
Another stupid statement made by Bill. “ done no wrong” been watching what just happened in Spain Bill?? You’re so blind and afflicted you can’t see what’s happening in this country. Only a total fool believes that all these illegals are ok to be here.
Partners, run from this guy!!! He’s sick!!! How much of his other drivel is correct??
Homer
Lol another hysterical argument. The fake news propaganda works really well on you guys.
Isn't the real question whether the Fed ultimately has only two choices? Either allow long-term Treasury yields to rise, with all the consequences for government financing and asset prices, or suppress yields through bond purchases (yield curve control), effectively monetizing part of the debt. If political pressure makes the first option unacceptable, doesn't the adjustment simply shift from higher yields to a weaker dollar and higher inflation?
It ain't over till the fat lady dies suddenly.
Britain is becoming what its native son Eric Blair predicted. His only miscalculation was that the proles are not native stock but third world head choppers.
Excellent, insightful description. Best always. PM
Lol Eric might be right. But the online disinhibition and virtue signalling are top class here!
If interest rates do go to all time highs, we will be lopping zeros off the dollar a la Latin America in the 1980s. Got gold?
I guess I missed something whether Biden or Trump.It's the congress that spends the money. Indeed , there were cases this year where the executive tried to pull back money and the courts ruled that the executive could not pull back the money as it was duly allocated by the congress of the united states.
Congress authorizes spending but the president does have the power to veto any bill passed by Congress. However, Trump has not vetoed one pending bill during his 5 1/2 years in office. Both parties love spending money.
Patrick. Once again, take it easy. We have no say in anything anyway. But my point was that Trump has never vetoed a single spending bill. So although CONgress passes the
Sorry. Although CONgress passes the spending bills a president can veto them. Then he can use the Bully Pulpit to inform the public why he did it. This has nothing to do with Russia, etc. Just the facts, Jack! Both teams have run up a national debt of $35 trillion this century!
Bravo Donald Trump !
Toss out the insane number of illegal immigrants that flooded the United States with fraud and violence. At the top of the unwanted immigrants list put the radical Islamics! Trump keeps working to deal with Iran….very very unlikely any deal will last. Very sad situation.
Cheapen the U.S. dollar and strengthen U.S. manufacturing so the U.S. economy can participate in a dominant position in the coming Robot revolution. Balance out trade! Strengthen our SOVEREIGNTY. I was raised in a manufacturing family business and Asia and Europe dumped stainless steel into the U.S. for 50+ years. The U.S. government did nothing to stop it!
Clean up the U.S. voting system, social security, welfare, and every give away program. Stop creating parasites.
Abolish socialism and communism! Cuba needs to suffer till the communists surrender or get dragged into the streets by their own people and lynched. Save Venezuela and use their oil to rebuild their society and economy. Venezuela is so mineral rich….the Venezuelan people needed the U.S. to intervene so they can live free again.
Keep a very hi tech U.S. military ready on a moments notice. Yes the Military budget is enormous and that is a good thing….look at Western Europe !
The list is huge!
What about the commies right here in the US? Shouldn't war lead by example and abolish the Central Planning Committee (the Fed)? Why worry about Cuba when we are being destroyed from within?
Is an enormous military budget a good thing when we can pay for it? Read up on the history of the fall of the Roman Empire. Overextended military, bread and circuses, an increasing wealth gap and debased currency.
Personal debt is only a problem if the person dies. A huge Deficit is only a problem if the Country dies.
Rome fell when the Men of the Mind moved to the country. Rome collapsed on top of itself. Women were divorcing men in a larger percentage than Men divorcing women. The coliseum’s entertainment reached incredible lows. Read Will & Ariel Durant, “Caesar & Christ”.
In the case of the United States; we have DONALD TRUMP, oil, water, food, manufacturing capabilities, strong military, incredible technology. We obviously are short on Nuclear power, Potash (fertilizer) and certain rare Earth Minerals, a modern steel mill (Billet Production, rolling mill and sheet), our education system needs a massive enema….But we are very capable.
Americans need to remember our ancestors left all “The Great Western European Civilizations “ and came to North America to get away from Kings, Queens, Czars, Dukes, Duchesses, Lords, Lady’s to be free!!! Somewhere inside the majority of Americans is an incredible human spirit. Bill Bonner NEVER promotes strong America!!! Very Sad!
A huge deficit is only a problem when tbe country dies? What about the trillion dollar we will pay in interest on the debt this year? To paraphrase Blanche DuBois - "Whoever you are—we have always depended on the kindness of foreign countries to buy our debt". What happens when that ends?
What happens when the Central Planning Committee at the Fed can no longer control interest rates?
Here is the U.S. Debt !
1. Debt Held by the Public (~81% of total gross debt)
This is money the government owes to outside investors, held by:
· Mutual and Pension Funds ($6.6T, ~17%) – the largest public holders
· Other Domestic Investors ($5.7T, ~15%) – includes insurance companies, money market funds, nonprofits, and businesses
· Federal Reserve ($4.4T, ~11%) – more than Japan, UK, and China combined
· Individual Investors ($3.0T, ~8%)
· Banking Institutions ($2.4T, ~6%)
· Other Nations ($6.5T, ~17%) – the foreign category you mentioned
2. Intragovernmental Debt (~19% of total gross debt)
This is money the government owes to its own agencies and trust funds, including:
· Social Security Trust Fund ($2.6T, ~7%)
· Other Government Trust Funds ($5.1T, ~13%) – includes Medicare, federal employee retirement funds, and military retirement
In short, domestic investors collectively hold about $17.7 trillion—nearly double the $9.3 trillion held by foreigners. The U.S. largely finances its own debt.
So the U.S monetizes most of its own debt….pretty strange revelation for most purests.
Do you support the Trump DOJ stonewalling the New Mexico investigation into Epstein 's Zorro ranch? NMDOJ is suing the Trump's DOJ for not cooperating with their investigation into the crimes committed at that Epstein property.
Epstein is a distraction….we all know he was a pervert operative.
A friend of mine is a Catholic Scholar. 20 years ago I was giving him an ear full regarding the Pedophile Priests in Boston. He smartly said, “a few bad Priests mean nothing to a 1800+ year old institution”.
Epstein is a flash in the pan. The Republican Party began with Abraham Lincoln….just a distraction.
If he's a flash in the pan why is the New Mexico DOJ for stonewalling their investigation into Epstein's Zorro Ranch? Why won't Blanche or Crash Patel simply release all the files? We all know he was a pervert operative for whom? Vance said he was probably working for Mossad/CIA. Even former US Attorney for the Southern District of Florida said Epstein was working for "intelligence".
None of that bothers you? No investigation into who was behind Epstein or which politicians and officials have been compromised possibly by a foreign power Israel?
Hillarious (after Hillary C.) Bill as usual. His selective memory and forgetfulness of communist deeds in this country, laced with TDS syndrom is preventing him to see better. His buddy Obama was in war and bombing everything in the Middle East for most of his presidency.
Syria alone was bombed for over 2 years, without congressional approval, dropping over 12K bombs to get his Nobel Peace Prize. He bombed 7 countries by end of his presidency, and in his final 2016 salvo, he dropped over 26K bombs that year at 72 bombs every day for entire year. Good job and well deserved recognition by Bill.
The bad guy Trump is slacking.
The waters of the collective consciousness, churning with riptides and whirlpools, is no place for calm thought and contemplation of solutions to mankind’s distractions and distress. If possible, my goal is to make my way to more peaceful seas in which to cast my net. Later, my friends.
What we fail to admit is that there is no longer enough commonality of purpose and understanding for a union to exist. One side will have to acquiesce to the other, or the two sides need to separate. In the meantime, cross purposes and dysfunction are the order of the day. Best always. PM
https://cantexasmakeit.com/
I like it; I'm for it. My fear is this: rapid urbanization of key areas of the state creates a mass that is impossible to offset. I live in Indiana, but I am in Texas regularly, travelling there since 1994, and I have seen what is happening over the last 30 years with an outsider's perspective. I'll be going again (with trepidation) in October. The rapidly growing areas are the dominant, big cities, the I-35 corridor and Houston, which are "blue" by definition. I can't see how Texas stays "red" for long. It's worse each time I am there. Best always. PM
Between the exodus of Californians transforming Texas, Arizona, Idaho, etc and the brainwashing of the last two generations by academia, I fear we are screwed.... They can vote their way in but I feel my kids will have to shoot their way out.
Yes the influx of blue is very noticeable and not wanted by me. Of course my brother is a far left nut job and he loves it. I live so far out in the sticks that it doesn't really affect me one way or another, just worried about my kids and grandkids who live in the DFW Metro.
This has been tried before. If Texans vote for people like Talarico, the hill grows steeper. Still … who knows. There are serious problems that require intelligent solutions.
The phrase in Scripture that "He will send them great delusion" is very appropriate in the case of Talafreakazoid. But all the part-time Christian AWFL'S love him. I'm all for going back to only male landowners having the voting privilege 😆😂
It isn’t hard to come to that conclusion and that is discouraging.
I always thought financial collapse would occur before a real, honest bloodletting, or even a figurative bloodletting, because the financial collapse would have required differences to be set aside. I guess I learned nothing from 9-11. Things will be better in 10-15 years with the marginalization of the Boomer generation. Best always. PM
You sound pretty optimistic. What about all those young “minds full of mush” who don’t understand the foundations of U.S.? You know, the ones wearing hammer and sickle pins on their Che Guevara T-shirts?
So maybe we shouldn't expect a savior to lead us out of the wilderness. Both parties have contributed to our decline. Both parties have saddled us with a debt of over $39 trillion. Both parties backed the useless and costly invasions of Iraq, Libya, Syria, etc. Both parties are responsible for the coverup of the Epstein blackmail operation. JD Vance even tells Rogan that the CIA and Mossad were probably behind it but he has no intention of doing anything about it.
It's interesting how the equity markets are treating all this bad news. The SPY has hit all time highs and is up 3.27% today and the QQQ gapped up at the open and has just kept climbing. It's up 3.2% as of now. It makes me think that maybe some of the gold bugs and doom and gloomers are missing something somewhere. I've never read this much negativity in my life other than the covid months and the great RE recession. I'm playing it defensive but I still own some AI stocks and some tech stocks. I'm a believer in gold and silver for insurance. But it's not in my nature to hide in a cave month after month. I guess we can bash Trump to pass the time.
Can you really call them equity markets when a majority of trading is done by algorithms? The machines see a headline that there is a possible truce with Iran and they go crazy.
Equity markets is just a descriptive label. Humans program the algorithms and can override them anytime. Smaller intermarket trades are made all day long by program trading, but the major strategy is handled by management.
Bill says: "The Federal government now pays over $1.2 in interest payments a year" Hey, that's not even $2 ! And here I thought it was in the billions or trillions.