To answer the question, "Where did we go wrong?", one must presume that there was a right way, or that the system could work. I'm not convinced the presumption is valid, but if it is, where we "went wrong" was by thinking that once we had voted in our representatives we were then fully absolved of any further input or accountability. Self-rule is a 24/7/365 job, but we let ourselves off the hook for the sake of convenience. Our "elected" representatives are foolish, self-deluding people such as we, right? We would have had to sit on them day and night. Delegation is meaningless without accountability. Best always. PM
Our elected (?) representatives are a reflection of the people that put them in office...well, 50.1 percent of them, anyway. When people hear and see sleepy Joe, they are really seeing themselves. (Again, at least 50.1 percent of them.) Be careful what you ask for.
Hank Johnson (aka the guy who thought Guam might capsize) is reelected every year by people who must share the same level of idiocy. There can be on accountability in government when there is not minimum level of intelligence required.
Joe Biden and Pamela Harris should never have been allowed to run for any office to begin with.
There are two sides in America now. We have always had two political parties but for most of our history there were more than two sides. On any given issue there might have been three sides or maybe a dozen. That is what you get with a functioning First Amendment and a free press. Both are gone.
Now you are either on the government’s side or you are not. If you are not you had best keep quiet about it.
In 1861 Abraham Lincoln wrote in his diary: “Both sides could be wrong, but both sides cannot be right.” The more polarized any topic or society becomes the more Lincoln’s statement is thrown into stark relief. He was confident in his side.
And if human civilization ceases to exist as we know it, it won’t be because of the communists. It will be because the human beings didn’t say no, looked the other way, didn’t get involved, didn’t engage, just went along ..... until it was too late.
Sorry brother, but we did get involved, marching peacefully( most who clashed with authorities were communist) in our capital to show support against a corrupt(China influenced ) election. Our government and media communists made an example against “peaceful demonstrations” while they burned down cities. We noticed. Now the evil communist in our government want to promote a war to literally “End all wars” because it guarantees a loss for humanity. We noticed, but you’re right, it may be to late 🤔
I went to my first Town Hall meeting last April. There were 400 people there. Five years ago there might have been 20 or 30. That was good news and bad news. What struck me about the meeting, aside from the attendance, was that the 3 government representatives(one state Senator and two House reps) did not want to hear from the people. The meeting was designed such that they would not. There was no open mic and no Q&A. The moderator said there were too many people present to accommodate that. The moderator read a few selected questions over his microphone and the representatives responded. The representatives all spoke using the phrases “I think”, I support” or “I want”. Not one hint of them being the elected representatives of the people in the room. It could not have been further from representative government.
They engaged decades ago. We disengaged, for decades.
Bill’s dire yet eloquent commentary today is but another of the reasons that it’s become one of my compulsions.
I’ve convinced myself that if I religiously read his prognostications, then what they foretell will happen to someone else
But I also read his assessments of our worsening dilemma to learn if he will ever propose adding to the Constitution the missing Amendment; the one requiring a balanced budget
When it’s enacted, then we will begin electing to Congress people who promise to be good stewards of our national purse
Until then, we will continue electing people who give us unfettered access to the Federal trough
But by whom or how are these deficits and the compounding interest going to be funded... and indefinitely?
1. Money printing in all its forms is inflationary and if ‘successful’ in the short term will only embolden ‘them’ to create hyper-inflationary.
2. I don’t believe the Chinese and Japanese will continue trading containers full of stuff for mere paper especially given their aging populations and increased internal focus.
3. And, finally the pension fund Ponzi scheme will implode as a result of both 1 & 2.
More appropriately, where is it going? Refusing to accept "America's paper" is the first, and irrevocable, step to the end of the current order. No one is willing to do it for fear of the consequence. This is the mentality apparent when one hombre with a six gun keeps an entire crowd at bay. Best always. PM
... and how many manufactured crisis's/mismanagement of emergency funds were there in the last 50 years?
Weapons/Ammo/ illicit and prescription drugs are expensive and not reusable. So is food, gas, the mentally ill, incarcerated and disabled people.
The mentality of leadership is unsustainable because they run on the idiology they have unlimited resources. Because that's what followers want to believe.
The last 50 years of American history has been fueled by political promises to Americans. Strung along by a seemingly sponsored msm/Hollywood propaganda machine. That America is democratizing the world with the values of American government policies, written by stool pigeons.
I find this argument perplexing... the $80 trillion is not sitting under some mattress... it is already deployed... and I guess a great deal of it in government bonds ... and if the baby boomers pull it out of those bonds to spend else where ... interest rates will go ballistic and collapse the economy!!
I believe there is and will be an incredible amount of cash pumped into the economy that comes from the baby boom generation that holds approx $80 trillion in wealth. This is one reason the market is reacting the way it is…
As long as the university cycle of dumb with even dumber out, continues there is no stopping the train as most folks running the system are clueless to how it's all supposed to work in the first place.
To answer the question, "Where did we go wrong?", one must presume that there was a right way, or that the system could work. I'm not convinced the presumption is valid, but if it is, where we "went wrong" was by thinking that once we had voted in our representatives we were then fully absolved of any further input or accountability. Self-rule is a 24/7/365 job, but we let ourselves off the hook for the sake of convenience. Our "elected" representatives are foolish, self-deluding people such as we, right? We would have had to sit on them day and night. Delegation is meaningless without accountability. Best always. PM
Our elected (?) representatives are a reflection of the people that put them in office...well, 50.1 percent of them, anyway. When people hear and see sleepy Joe, they are really seeing themselves. (Again, at least 50.1 percent of them.) Be careful what you ask for.
Hank Johnson (aka the guy who thought Guam might capsize) is reelected every year by people who must share the same level of idiocy. There can be on accountability in government when there is not minimum level of intelligence required.
Joe Biden and Pamela Harris should never have been allowed to run for any office to begin with.
That assumes a free and fair(legal) election
There are two sides in America now. We have always had two political parties but for most of our history there were more than two sides. On any given issue there might have been three sides or maybe a dozen. That is what you get with a functioning First Amendment and a free press. Both are gone.
Now you are either on the government’s side or you are not. If you are not you had best keep quiet about it.
In 1861 Abraham Lincoln wrote in his diary: “Both sides could be wrong, but both sides cannot be right.” The more polarized any topic or society becomes the more Lincoln’s statement is thrown into stark relief. He was confident in his side.
However America pretends to divide itself, there are only two divisions in our country today – human beings and communist...
And if human civilization ceases to exist as we know it, it won’t be because of the communists. It will be because the human beings didn’t say no, looked the other way, didn’t get involved, didn’t engage, just went along ..... until it was too late.
Sorry brother, but we did get involved, marching peacefully( most who clashed with authorities were communist) in our capital to show support against a corrupt(China influenced ) election. Our government and media communists made an example against “peaceful demonstrations” while they burned down cities. We noticed. Now the evil communist in our government want to promote a war to literally “End all wars” because it guarantees a loss for humanity. We noticed, but you’re right, it may be to late 🤔
I went to my first Town Hall meeting last April. There were 400 people there. Five years ago there might have been 20 or 30. That was good news and bad news. What struck me about the meeting, aside from the attendance, was that the 3 government representatives(one state Senator and two House reps) did not want to hear from the people. The meeting was designed such that they would not. There was no open mic and no Q&A. The moderator said there were too many people present to accommodate that. The moderator read a few selected questions over his microphone and the representatives responded. The representatives all spoke using the phrases “I think”, I support” or “I want”. Not one hint of them being the elected representatives of the people in the room. It could not have been further from representative government.
They engaged decades ago. We disengaged, for decades.
Bill’s dire yet eloquent commentary today is but another of the reasons that it’s become one of my compulsions.
I’ve convinced myself that if I religiously read his prognostications, then what they foretell will happen to someone else
But I also read his assessments of our worsening dilemma to learn if he will ever propose adding to the Constitution the missing Amendment; the one requiring a balanced budget
When it’s enacted, then we will begin electing to Congress people who promise to be good stewards of our national purse
Until then, we will continue electing people who give us unfettered access to the Federal trough
No more low doc, no doc loans to the Gov!
But by whom or how are these deficits and the compounding interest going to be funded... and indefinitely?
1. Money printing in all its forms is inflationary and if ‘successful’ in the short term will only embolden ‘them’ to create hyper-inflationary.
2. I don’t believe the Chinese and Japanese will continue trading containers full of stuff for mere paper especially given their aging populations and increased internal focus.
3. And, finally the pension fund Ponzi scheme will implode as a result of both 1 & 2.
So where is the money going to come from?
More appropriately, where is it going? Refusing to accept "America's paper" is the first, and irrevocable, step to the end of the current order. No one is willing to do it for fear of the consequence. This is the mentality apparent when one hombre with a six gun keeps an entire crowd at bay. Best always. PM
I get all that ... but not sure why the Chinese would continue funding the US ‘six guns’ ... to keep them at bay??
So we keep buying their stuff. Why else? (They buy US debt, which...well, here's a link:
https://www.investopedia.com/articles/investing/040115/reasons-why-china-buys-us-treasury-bonds.asp
... and how many manufactured crisis's/mismanagement of emergency funds were there in the last 50 years?
Weapons/Ammo/ illicit and prescription drugs are expensive and not reusable. So is food, gas, the mentally ill, incarcerated and disabled people.
The mentality of leadership is unsustainable because they run on the idiology they have unlimited resources. Because that's what followers want to believe.
The last 50 years of American history has been fueled by political promises to Americans. Strung along by a seemingly sponsored msm/Hollywood propaganda machine. That America is democratizing the world with the values of American government policies, written by stool pigeons.
...at least, my fellow “dear readers”, we’ve all been protected against the Big Gain, uh, I mean, Big Loss.
I find this argument perplexing... the $80 trillion is not sitting under some mattress... it is already deployed... and I guess a great deal of it in government bonds ... and if the baby boomers pull it out of those bonds to spend else where ... interest rates will go ballistic and collapse the economy!!
I believe there is and will be an incredible amount of cash pumped into the economy that comes from the baby boom generation that holds approx $80 trillion in wealth. This is one reason the market is reacting the way it is…
Yes, it is clear that you are wrong. Everything in the economy is peachy.
Politicians spending imaginary money on real things.
Clearly 60% of America has drunk the Koolaid. And they will re-elect the status quo.
And continue to label us as conspiracy theorists.
Paper money will disappear. CBDC or E-Money will be the only game in town.
Inflation will stay at 5% for at least a decade.
Those on the government dole or payment system will increase to 60%.
The remains 40% will pay taxes near 50%.
So let’s turn on CNN and drink more koolaid!
As long as the university cycle of dumb with even dumber out, continues there is no stopping the train as most folks running the system are clueless to how it's all supposed to work in the first place.
Kind of ironic there aren't even any poor houses anymore they're called the streets