The biggest source of US power, however, is not its military, but it’s money. As long as the dollar remains the cornerstone of international commerce, the US remains the world’s great Caesar.
The whole line of discussion in this thread is off the track of what Bill meant regarding "your papers." He's not talking about illegal aliens. He's talking about you and me! When the government runs out of aliens to check, they are going to start checking your papers and mine just like they did in Russia and Germany in years past. They can effectively do that now on most of us, electronically, just by tracking our cellphones.
BUT, illegal aliens can obtain bank accounts without a photo I.D. or a Social Security number. BUT, US Citizens must still provide those documents in order to open a bank account or obtain a credit card. Duh?
Quite a few came via that modality. That was Mr. Biden's favorite scam, flying soon-to-be illegal aliens on direct US-government flights from all over preferred 3rd-world destinations in the middle of the night to many, select airports throughout the US, thereby allowing these clients of the government (and its actual, tax-paying citizens) to bypass ENTIRELY the joke of pro-forma registering at actual, so-called entry points. As I said with my inflation comment, if it's the government, you can assume you're being had.
And they weren't landing in blue states. The level of depravity from the communist dimocrats and their absent "leader" TraitorJoe goes much, MUCH deeper than is generally known...
I don't trust the word "inflation" anymore, especially in an "official" context. I don't trust it when the government uses it, nor do I trust a commentator, pundit, author, or a paid adviser, when he/she uses it.
The government has been hiding behind both the concept and the actual phenomenon since the early 60s, which, by the way, is pre-1971 and the mythical, magical "abandonment" of the gold standard. My first experience with debt-based paper money was in the lunch line at school. I had a C. Douglas Dillon 1957 silver certificate in my hand with which to pay for my lunch. This being spring of 1963, a buddy of mine next to me had a 1963 Federal Reserve Note. He wanted to impress me that his dollar bill was "cooler" than mine (the two looked different), because it was "newer". I didn't like that, so I started asking questions. It was my first real foray into government BS. Next, the Treasury started minting copper slugs in place of silver coins in 1965. Pennies went to zinc in 1982, and nickels, containing silver only during some of the war years, are still 75% copper and 25% nickel. The government has been so careful during this period to avoid public consequence of inflation by emphasizing, even featuring, physical manifestations (symptoms) of the problem, such as interest rates and price increases, over the actual problem itself (devaluation of the currency).
My point is, obfuscation has made us all victims of government policy and practice, I'm sure Mr. Bonner would be completely above board in his use of the word and concept of inflation, but it's sure as heckfire the government would not be. If you read "inflation", you can assume you're being had. Best always. PM
Yeah, Bill, we know how "terrible" the US is. If we didn't, we can always depend on you to keep us up to date. Once we lose our status as the nbr one super power and China takes that status, the world can then fall in love with Communism, and it's wonderful benefits. Then you can write about that former terrible US (especially the Trump regime), compared it to the sweet, gracious and caring new world power, China, and it's new leader. Oh, I forgot, Bill, you had better write favorably about their regime or you may not write at all.
China, with it's million man army and modern navy will have no trouble reaching him anywhere on this earth, if he doesn't favorably write about their regime. At least he wouldn't have that "terrible" US army and navy around to say differently.
The difference in regimes is that in the US you get dismissed. In China you disappear. It's a matter of degrees with the type of regime. With ours you get dismissed. With China you disappear. My "advce", (as you call it) was simply a statement of fact. The Chineese regime doesn"t tolerate anything they don't choose too. They live by the communist golden rule "the end justifies the means" and that means ANYTHING. The only difference between Facist and Communist is that the Facist are far more direct. The communist are more suttle, if they choose to be. End the end, you're just as dead.
You are exactly correct. However, it's all in degrees. You are naming individuals. The communist and facist deal in individuals, groups, thousands and even millions. Besides I have never agreed with "US" wars after WWII, whether initiated by either party. Ike warned us about the "military/industrial complex and he was exactly right. We only get to vote for what we think is the best offered and many times we've had to hold our nose, while voting.
No doubt, Trump escalated the sanctioning... but the previous Administrations were sanctioning and match-making China with Russia long before Trump took to the escalator....
Yikes! I didn't think it was possible that Bongo Bill could descend to another rung of his total derangement of all things Trump. But who knows? Maybe he's leaving the best for last. In his next column, Bongo will let us know how many sex partners Tulsi Gabbard and Pam Bondi have had. And why each of them along with every other official in the Trump administration should be institutionalized into an insane asylum. But, then again, in the real world, Trump is over in Great Britain making deals that will improve both countries. Go figure. But nary a word from Bongo on this.
Yes Bill, I’m sure Trump sent his daughter’s father in-law to France for two reasons. The first was to get him out of America, because he really doesn’t belong. He was just another corrupt left wing piece of 💩. And the second, being a perfect Trump card for another left wing piece of 💩. Macron. Sends a sign that 💩deserves 💩. Two peas in the French garden of globalist corruption….
But would you hire a guy who tried to blackmail anyone with a hooker let alone a family member? That was his sister's husband. This guy is the lowest of the low. Amazing what the members of the Big Club can get away with.
Hyundai announced today that it would be adding 2 billion to its Georgia plant investment, tripling the size, and ultimately hiring 3000 U.S. citizens to work there.
So you’ll need to find a different example. We sent 500 illegals home. In return we get 2 billion, a 3x facility, and 3000 jobs.
"And why continue to run big budget deficits...when you’re already up against a wall of $37 trillion in debt?"
This is the 2nd day in row that Mr. Bonner has made this point, and he is right to do so, even though he is the author of the answer to his question. Mr. Bonner is the one who gave us "Inflate or Die". We continue to run deficits, because if we don't, it all goes to hell, and quickly so. Not to worry. At some point, continued deficits won't even save us, and Mr. Bonner will be the happiest man on the planet. Best always. PM
I know Paul. Bill has been so wrong over the years, and I believe he’s praying for the collapse he’s been preaching for since I started back in 19. Eventually he will be right, as the natural process of our market dictates. As I’ve said many times before, even a broken clock is right twice a day, and Bill has definitely become that clock…
Mr Bonner produced another excellent assessment of our life and times.
In this century, the combined effect of the decisions of each of our presidents and their respective Administrations have diminished the solvency of the once admired and often emulated USA
Exactly. Both parties share responsibility for the decline of the American Empire. In fact, this century the Repugs actually out-deficited the Dims. And Saint Ronnie Raygun of the "Conservative Church" almost triple the national debt. But the voting population also bears responsibility for electing these grifters.
The impact of tariffs are difficult to pin down, more so in the modern world then in bygone worlds where cobblers made shoes and cotton growers made cotton. In todays world manufactured goods, thanks to 3 decades of globalization, have global content. And everything is made everywhere. Toyota Tacomas made in Mexico have engines made in Huntsville, Alabama and transmissions made in Tennessee. Apple iPhones are made from components sourced worldwide, including in the US, with plans to increase US content further. And on and on. The impact of tariffs in such a world reflect the content complexity. It’s not as simple as slapping tariffs on shoe cobblers in England to protect shoe cobblers in America. The content complexity is one reason for Trump’s halting Tariff policies. The lobbyists keep getting to him, and he has surely gotten an education in global manufacturing. This is why statements such as “US manufacturing contracts for sixth month as Trump’s tariffs create business chaos worse than Great Recession” are more political hyperbole than fact. Economic weakness, caused by factors other than Trump’s tariffs, is the most likely cause for US manufacturing weakness. Tariffs are perhaps playing a small role(IMO) and they have caused a share of chaos in supply chains trying to shift production. The shifts in production have likely resulted in more US onshoring to date that offshoring. In other words the tariff chaos has affected supply chain managers more than factory floor workers in America.
I swear...the constant BB pessimism has become fatiguing. No question, the fiscal mess that Dems AND Repubs have created are, and will, get worse; and likely get much more so. And yet, all the gold and silver will be thrown in the streets; the Bible warns us of this.
But, man, in the meantime, I've grown tired of the constant BB depressing screeds. Life is too short. So, as our Lord said, let not your heart be troubled.
On the subject of tariffs I'm seeing multiple news reports from the Midwest concerning farmers being in economic trouble - one of the reasons being loss of export markets as a result of the trade war. Now there is this - Agriculture Secretary Brooke Rollins stated that the administration is considering a new bailout package for farmers using tariff revenue. Seems like a lose-lose scenario for the serfs taxpayers - higher prices as a result of tariffs and some of the tariff money will go to these farmers not to reducing deficits.
They are so pathetically CLUELESS, yet will insist the are the smartest, most informed in the room. Laughably pathetic and would be actually funny if they weren't so willing to murder or celebrate same over a political disagreement....
I don't agree with everything Bill writes but when he talks about the current trajectory of the US and its economy and the culpability of the politicians and bureaucrats that are running things, I am in full agreement.
"Instead, it revealed a a country where you must have ‘your papers in order’...or you risk getting handcuffed, shackled, and exiled".
-
...and what's wrong with this?
Are there countries where one does not need "papers" or proper I.D.?
Does Mr. Bonner suggest illegal residency doesn't matter?
The whole line of discussion in this thread is off the track of what Bill meant regarding "your papers." He's not talking about illegal aliens. He's talking about you and me! When the government runs out of aliens to check, they are going to start checking your papers and mine just like they did in Russia and Germany in years past. They can effectively do that now on most of us, electronically, just by tracking our cellphones.
...this is already in play.
You must present proof of who you are when applying for most anything, except of course voting.
BUT, illegal aliens can obtain bank accounts without a photo I.D. or a Social Security number. BUT, US Citizens must still provide those documents in order to open a bank account or obtain a credit card. Duh?
Exactly
My question would be How did they get into USA. ? Oh I know teleported! LOL
Quite a few came via that modality. That was Mr. Biden's favorite scam, flying soon-to-be illegal aliens on direct US-government flights from all over preferred 3rd-world destinations in the middle of the night to many, select airports throughout the US, thereby allowing these clients of the government (and its actual, tax-paying citizens) to bypass ENTIRELY the joke of pro-forma registering at actual, so-called entry points. As I said with my inflation comment, if it's the government, you can assume you're being had.
And they weren't landing in blue states. The level of depravity from the communist dimocrats and their absent "leader" TraitorJoe goes much, MUCH deeper than is generally known...
Hence my use of the term "select". Sad chapter, my friend. Best always. PM
Thanks. Now i know . As You say if it government , You know You have been had . No matter which countries You live in.
... not legally.
Its the manner in which its applied.
I don't trust the word "inflation" anymore, especially in an "official" context. I don't trust it when the government uses it, nor do I trust a commentator, pundit, author, or a paid adviser, when he/she uses it.
The government has been hiding behind both the concept and the actual phenomenon since the early 60s, which, by the way, is pre-1971 and the mythical, magical "abandonment" of the gold standard. My first experience with debt-based paper money was in the lunch line at school. I had a C. Douglas Dillon 1957 silver certificate in my hand with which to pay for my lunch. This being spring of 1963, a buddy of mine next to me had a 1963 Federal Reserve Note. He wanted to impress me that his dollar bill was "cooler" than mine (the two looked different), because it was "newer". I didn't like that, so I started asking questions. It was my first real foray into government BS. Next, the Treasury started minting copper slugs in place of silver coins in 1965. Pennies went to zinc in 1982, and nickels, containing silver only during some of the war years, are still 75% copper and 25% nickel. The government has been so careful during this period to avoid public consequence of inflation by emphasizing, even featuring, physical manifestations (symptoms) of the problem, such as interest rates and price increases, over the actual problem itself (devaluation of the currency).
My point is, obfuscation has made us all victims of government policy and practice, I'm sure Mr. Bonner would be completely above board in his use of the word and concept of inflation, but it's sure as heckfire the government would not be. If you read "inflation", you can assume you're being had. Best always. PM
Yeah, Bill, we know how "terrible" the US is. If we didn't, we can always depend on you to keep us up to date. Once we lose our status as the nbr one super power and China takes that status, the world can then fall in love with Communism, and it's wonderful benefits. Then you can write about that former terrible US (especially the Trump regime), compared it to the sweet, gracious and caring new world power, China, and it's new leader. Oh, I forgot, Bill, you had better write favorably about their regime or you may not write at all.
He better do it from the ranch in Argentina so he has cows to eat and wine to drink....
China, with it's million man army and modern navy will have no trouble reaching him anywhere on this earth, if he doesn't favorably write about their regime. At least he wouldn't have that "terrible" US army and navy around to say differently.
...I wouldn't be too cavalier about your warning to write favorably about regimes.
No matter which authoritarian gov't...
seems Howard Kurtz, Jimmy Kimmel, Lisa Cook, John Bolton, Chris Krebs, Brian Hook and a long list of others failed to follow your advice...
The difference in regimes is that in the US you get dismissed. In China you disappear. It's a matter of degrees with the type of regime. With ours you get dismissed. With China you disappear. My "advce", (as you call it) was simply a statement of fact. The Chineese regime doesn"t tolerate anything they don't choose too. They live by the communist golden rule "the end justifies the means" and that means ANYTHING. The only difference between Facist and Communist is that the Facist are far more direct. The communist are more suttle, if they choose to be. End the end, you're just as dead.
....dismissed?
Tell that to Seth Rich, Vince Foster, Jerry Parks, John F. Kennedy, Martin Luther King Jr. ... and a whole lot more we will likely never know.
You are exactly correct. However, it's all in degrees. You are naming individuals. The communist and facist deal in individuals, groups, thousands and even millions. Besides I have never agreed with "US" wars after WWII, whether initiated by either party. Ike warned us about the "military/industrial complex and he was exactly right. We only get to vote for what we think is the best offered and many times we've had to hold our nose, while voting.
...Obama and Biden went after conservatives.
As Trump now eyes progressives.
IMO this has escalated.
-
Media fueled low voter IQ tribalism: "my team is better because they wear red (or blue) hats".
Media propagates voting is the most important thing you can do!
But heaven forbid it inconveniences you.
So, you have a month or so to procrastinate.
...and no I.D.!
Because that would make un-solicited ballots impossible.
-
Only in America - requires no I.D. to vote, but you do need a clothes pin.
Many of those were taken out by the Clinton Mofia HIT SQUAD, no one was ever arrested, charged or tied for their murders. All unsolved killings.
Bill, you really should be working for the NYT.
No doubt, Trump escalated the sanctioning... but the previous Administrations were sanctioning and match-making China with Russia long before Trump took to the escalator....
(whisper) We don't bring that up. Best always. PM
Yikes! I didn't think it was possible that Bongo Bill could descend to another rung of his total derangement of all things Trump. But who knows? Maybe he's leaving the best for last. In his next column, Bongo will let us know how many sex partners Tulsi Gabbard and Pam Bondi have had. And why each of them along with every other official in the Trump administration should be institutionalized into an insane asylum. But, then again, in the real world, Trump is over in Great Britain making deals that will improve both countries. Go figure. But nary a word from Bongo on this.
"All things are possible: only believe." (from the hymn "Only Believe" by Paul Rader, which hymn being based on Mark 9:23), Best always. PM
Yes Bill, I’m sure Trump sent his daughter’s father in-law to France for two reasons. The first was to get him out of America, because he really doesn’t belong. He was just another corrupt left wing piece of 💩. And the second, being a perfect Trump card for another left wing piece of 💩. Macron. Sends a sign that 💩deserves 💩. Two peas in the French garden of globalist corruption….
But would you hire a guy who tried to blackmail anyone with a hooker let alone a family member? That was his sister's husband. This guy is the lowest of the low. Amazing what the members of the Big Club can get away with.
Hyundai announced today that it would be adding 2 billion to its Georgia plant investment, tripling the size, and ultimately hiring 3000 U.S. citizens to work there.
So you’ll need to find a different example. We sent 500 illegals home. In return we get 2 billion, a 3x facility, and 3000 jobs.
Art of the Deal I guess.
"And why continue to run big budget deficits...when you’re already up against a wall of $37 trillion in debt?"
This is the 2nd day in row that Mr. Bonner has made this point, and he is right to do so, even though he is the author of the answer to his question. Mr. Bonner is the one who gave us "Inflate or Die". We continue to run deficits, because if we don't, it all goes to hell, and quickly so. Not to worry. At some point, continued deficits won't even save us, and Mr. Bonner will be the happiest man on the planet. Best always. PM
I know Paul. Bill has been so wrong over the years, and I believe he’s praying for the collapse he’s been preaching for since I started back in 19. Eventually he will be right, as the natural process of our market dictates. As I’ve said many times before, even a broken clock is right twice a day, and Bill has definitely become that clock…
... in the digital age, the broken clock analogy is almost no longer relevant.
Digital LED's are so cheap, they're usually tossed when they stop functioning.
Unlike our gov't officials, that when they cease to function, it seems they are promoted.
Mr Bonner produced another excellent assessment of our life and times.
In this century, the combined effect of the decisions of each of our presidents and their respective Administrations have diminished the solvency of the once admired and often emulated USA
Exactly. Both parties share responsibility for the decline of the American Empire. In fact, this century the Repugs actually out-deficited the Dims. And Saint Ronnie Raygun of the "Conservative Church" almost triple the national debt. But the voting population also bears responsibility for electing these grifters.
The impact of tariffs are difficult to pin down, more so in the modern world then in bygone worlds where cobblers made shoes and cotton growers made cotton. In todays world manufactured goods, thanks to 3 decades of globalization, have global content. And everything is made everywhere. Toyota Tacomas made in Mexico have engines made in Huntsville, Alabama and transmissions made in Tennessee. Apple iPhones are made from components sourced worldwide, including in the US, with plans to increase US content further. And on and on. The impact of tariffs in such a world reflect the content complexity. It’s not as simple as slapping tariffs on shoe cobblers in England to protect shoe cobblers in America. The content complexity is one reason for Trump’s halting Tariff policies. The lobbyists keep getting to him, and he has surely gotten an education in global manufacturing. This is why statements such as “US manufacturing contracts for sixth month as Trump’s tariffs create business chaos worse than Great Recession” are more political hyperbole than fact. Economic weakness, caused by factors other than Trump’s tariffs, is the most likely cause for US manufacturing weakness. Tariffs are perhaps playing a small role(IMO) and they have caused a share of chaos in supply chains trying to shift production. The shifts in production have likely resulted in more US onshoring to date that offshoring. In other words the tariff chaos has affected supply chain managers more than factory floor workers in America.
I swear...the constant BB pessimism has become fatiguing. No question, the fiscal mess that Dems AND Repubs have created are, and will, get worse; and likely get much more so. And yet, all the gold and silver will be thrown in the streets; the Bible warns us of this.
But, man, in the meantime, I've grown tired of the constant BB depressing screeds. Life is too short. So, as our Lord said, let not your heart be troubled.
A million people in London felt it necessary to take to the street.
And no comment from Mr. Bill?
On the subject of tariffs I'm seeing multiple news reports from the Midwest concerning farmers being in economic trouble - one of the reasons being loss of export markets as a result of the trade war. Now there is this - Agriculture Secretary Brooke Rollins stated that the administration is considering a new bailout package for farmers using tariff revenue. Seems like a lose-lose scenario for the serfs taxpayers - higher prices as a result of tariffs and some of the tariff money will go to these farmers not to reducing deficits.
Bill it’s great witnessing your objectivity towards the present regime. The truth will be told so be part of the awakening.
🤣
They are so pathetically CLUELESS, yet will insist the are the smartest, most informed in the room. Laughably pathetic and would be actually funny if they weren't so willing to murder or celebrate same over a political disagreement....
I don't agree with everything Bill writes but when he talks about the current trajectory of the US and its economy and the culpability of the politicians and bureaucrats that are running things, I am in full agreement.
What else will happen? wars