The more of a society’s resources that are spent on the feds’ projects, the less is left for everything else. Government borrowing in the US now ‘crowds out’ private borrowing almost completely.
Mr. Bonner, another master peace, thank you Sir, you cut through this BBBA bull like a hedge fund through grandma’s pension. You are 100% correct, these liberals and conservatives are two lobotomized hyenas gnawing on the same rotting carcass of fiscal sanity, every yelp from their mouths tanking the collective intelligence of the Western Hemisphere faster than a Lehman Brothers balance sheet!
This entire circus of deficit-drunk donkey-and-elephant worship is the geopolitical equivalent of a Goldman Sachs banker slamming meth at a TED Talk, trying to convince a room of trust-fund toddlers that infinite money printing will lead to infinite prosperity. Spoiler alert: it won’t. Every “stimulus” is just a fat piñata of taxpayer organs waiting for lobbyists to beat it open so the sweet, sweet contracts can ooze out. These pea-brained Beltway pyromaniacs will keep pissing gasoline on the dollar until the only thing left of Main Street is a charred husk where squirrels develop PTSD.
But hold onto your Montblanc pens, because the only salvation from this bipartisan brain aneurysm is a third party crowned with the titanium noggin of Sir Elon Musk, the one man whose IQ could terraform Mars and still have neurons left over to rewire the whole planet’s economic bowels. If we had a universal President Musk, we’d solve world hunger, eradicate disease, and build quantum toilets that flush poverty into a black hole. Instead, we’re stuck with these Red and Blue Ivy League flunkies who wouldn’t know a productive investment if it stripped naked and started pole dancing at the Federal Reserve. Mark my words: their grand plans will crumble into smoldering, radioactive dust bowls across every continent, and history will laugh so hard it’ll choke on its own ashes. Happy Fourth of July, and welcome to the end of the fiscal world, try the veal!
We always think the next guy is the right “Big Man.” It never is; it’s ourselves and God. Of course we can eliminate inspiration and rely on AI, the next false God. I have read a lot but you seem to be the most imaginative and well read, Egypt, many varied metaphors.
Your insight lands sharper than a short-seller’s memo the night before an earnings miss. You’re absolutely right, history shows the market’s eternal craving for a new “Big Man” to rescue the day, whether it’s a CEO in a tailored Brioni or the next so-called technological messiah.
Yet time and again, the truth remains inconveniently simple, sustainable returns come from disciplined individuals guided by faith, reason, and a refusal to outsource conviction to the illusion of a silver bullet.
Wait, did I mention I have a PhD? Lol, the main reason I’m saying it is because if it gets even half a chuckle out of Mr. Bonner, it’ll be the best ROI I’ve seen all month! 😂
Oh, please don’t promote veal? That’s your red line? That’s the final moral stand you choose to plant your dainty flag on while the entire financial order convulses like a cow in a slaughter chute? We’re face-down in the septic tank of monetary Armageddon, with Wall Street ghouls spooning molten debt into the mouths of unborn children like it’s chocolate pudding, but your conscience rears up only for…baby cow cutlets?
If your priority is veal’s feelings while the Treasury cranks out fiat confetti like a demented Chuck E. Cheese ticket blaster, congratulations, you’ve perfectly captured the spiritual essence of this doomed clown show. Perhaps next you’ll demand we say “please” before we torch our retirement accounts or compost our entire currency system.
Egypt, nicely said with one exception. Even if Sir Elon was "in charge" the Deep State would overwhelm him. There are three (3) branches of government and the other two would grind him down. If Congress authorized the spending, then the Judicial Branch would say it needs to be spent. There is NO solution at this stage of decay with the American Empire - just too late. Main Street and I am sure you know a few as I do, have people working the butts off and slowly sinking into the swamp. Just too much Government and the Main Streeters don't have enough power - meaning there is not a huge Main Street Lobby to funnel money to the "lobotomized hyenas" inside the Bellway. So - yes - try the veal as you say!
I like the idea of bringing back manufacturing to the US. But realistically planning on the government doing it is an extremely remote possibility. They are already over 90% debt to GDP ratio. More spending is extremely unlikely to produce their desired results, just like their Greenspan stimulation resulted in more debt that hasn't been paid back. Their idea to give every person a home didn't work and resulted in more Federal debt. They bailed out Silicon Valley Bank and others resulting in more debt. Their plan to release a virus and then dump money into the economy resulted in further debt. In fact I can't think of a program that worked to improve the debt situation and now they've passed the 90% debt to GDP ratio that reputable economists have written in length about and it seems logical to me that more stimulation from debt returns diminishing returns the more federal debt is above the 90% threshold. The government is superb at spending money they don't have i.e. creating debt but they just can't seem to make any plan work.
Unfortunately I think Bill is right on this accounting even with Elon finding and listing and reducing corruption, with Trump's help, from the leftists spending tax payer money on foolish projects. The chances of the government getting something right and accomplishing their goal is beyond miniscule.
It must be me - that Bonner's perspective has always been this way and I was never aware of it. After all, I never followed him and his "errors on the way". So if Bonner wasn't hammering on the liberals, he should have been! Has Bonner not followed the screwed up Biden years??? Or maybe he WAS hammering Libs and I just didn't know it. Now it seems he will hammer Trump and Conservatives because.......? Does Bonner NOT understand that it may just take Trump awhile to turn our "great massive ship" around? After all the years of BS I've seen from LPB (Liberals Praising Biden), IT HAS BEEN SINCE ONLY JANUARY 20th OF THIS YEAR! For God's sake, Bonner, give it a rest. Check back in with me NEXT January 20th and we'll see how it goes!
Mr. Norton, I've been reading Bill's remarks for nearly twenty years. His constant refrain -- creatively expressed -- is governments don't create wealth; they consume it.
Trump, his Administration appointees and his Congressional enablers will fare no better than other government officials in other countries who sought to use money they took from their citizens and/or printed into existence to fund what they thought would be savvy.
Despite our robust wealth-generating private sector, our Federal government Administrations, both Democratic and Republican, have --with one exception since LBJ -- become progressively greater spendthrifts.
(The exception was a budget surplus that the Clinton Administration delivered to incoming president George Bush who, with $200 checks, gave it to everyone whose breath could fog a mirror).
Of our nation's massive deficit, Trump and Biden -- in that order -- are responsible for most of it.
"Priming the pump" or deficit financing or consistently spending more than the nation's tax receipts year after year will not end well. Trump is making history but, economically, it's inglorious history
Mr. Roberts, I appreciate your message. It's disheartening, but appreciated. My hope is that "it will be different this time". Will this be the first time we hear that lament and actually see it come true? I just don't know and can only say that straddling a fence is pretty dang painful!
Expecting proposals from the Author´s side as some commenters ask for is a waist of clicks on the keyboard....
As we see in Europe - NO - correction - specifically the EU and it´s "Elites" they are heading same course. The former "power house" of the 27 member states, Germany, shoulders roughly one quarter of all costs and liabilities for the Union. This enables the poor countries to stay somehow afloat and the big beneficiaries as Poland to develop a succesful economy and some others, mainly Italy, Spain and France to continue their "laissez-faire" at the expense of the German Bundesbank which credits these three countries via the so called Target II system with about 1 Trillion €. In practical terms that means, these countries import ("buy") german goods and services and their Banks report the obgligations to the ECB which hands them over to the Bundesbank who books an You Owe Me in its balance sheet. Thats these Target figures.
They won´t be served anytime near or far, so when the €-Zone blows up the german taxpayers are in charge and the mentioned countries have a big laugh and keep their assets of course.
So the fact that GER now starts to pile up huge (let that expression sink in) "special investment funds" which are in fact pure debt (with bookkeeping outside the regular government budget) shows they steer into a default direction but want to extract as much money as possible for their specific friends (MIC/PIC/Migration-Business etc.) . And with that construction they believe to keep it out of sight of the peasants.
Central Bank Digital Currency for the €-Zone is starting in September, so the path is clear. Erase Cash as far as possible, lure the electorate into the trap of cashless society and then every kind of reset is ready to be started.
On average the Cash funds of the population roughly equal the debt of the Governments so as soon as the escape is blocked why not make some write offs on the peasants account and credit them to the Government Balance?
They did something quite similar in Cyprus in 2013 and it worked well . . . There´s their blue print
Vyprus 2013 were bailed-in before being bailed-out receiving EU loans. I have some reservations in all this. Who bails-out the bailer?
It aint over until the fat lady sings say I. And I'm not sure you will have as many compliant suckers, oops, I mean constituents given a much larger percentage in the aggregate pool.
I read a quote today by Thomas Sowell I believe and here it is
"You cannot subsisdize irresponsibility and expect people to become more responsible".
That Sowell guy is sure on the top. I am reading more and more of his books. Good author with respect, at least from my point of view. Not saying that We do not have them on this site.
Pete, the conditions sets by the EU were that Cyprian bank customers should burden some 7 billion € off their accounts and the EU would cover the rest of 10 Billions. Which of course went right away to European banks as the debt holders of the Greek Banks which were the mother companies of the failed Cyprus Banks. And the Cyprus Banks on their own wouldn´t have failed if they had been independent . . .
The ship can’t be turned around, at least not until it hits an iceberg. It’s not just the United States, it’s the whole world. We’re all heading for economic disaster and all anyone can do is ask the orchestra to play songs that we like.
But maybe we can do something. What would happen if gold were declared legal tender in the United States? Could the day come when we might be running two parallel economies? One based on gold and one on the printed dollar.
Don’t back the dollar with gold, eventually get rid of the dollar.
Thanks for answering; Interesting perspective. I was unaware of Bessants participation in the Japan fiasco. What do you see as the solution? Should we just default and start over? Rickards seems to think a reset coming, perhaps tied to a gold back dollar, If so I think he claims gold at $10K an ounce would provide enough leverage/ liquidy to put the ship on a sustainable course.
"It worse than that, he's dead, Jim. He's dead, Jim." Great line from a Star Trek satire song. But Scott Bessent also was a key figure in shorting the British pound in 1992 and helping Soros earn over a billion dollars. Scott is a first class speculator. A question for Trump supporters is What is the right hand man of George Soros doing in the Trump administration?
Is the U S. the keeper of the world's gold that they can set the price? What about the rest of of world in this gold price equation? I always thought the price of gold was supply and demand controlled. But maybe not.. lately it seems to be more manipulation by someone or some group...
I suppose I will have to continue to wait for anyone to propose a saner, realistic "Plan B". Simply railing at the effect of our accumulated debt, since 1971 and the total abandonment of any ties to Gold, obviously, won't be enough. Not at the threshold moment for entitlement program financing abuse, over decades, is now staring us all in the face.
If "growth", as a strategy, is to be ruled as out of reach - "what then" is the question?
Ed, one can not continually grow. At some time You will reach the peak. And then what? Maybe level out or slowly decline. Just My thoughts with more questions than answers.
The "lock box" for social security funds would have been a good idea, if they would have actually locked it. Now, unfortunately, it's far too late. But other than growth, what other strategy even exists?
More precisely, where do the Lefts spending plans, such as USAid funding of LGBT+ themed comic books, to be sent to religiously conservative countries, figure in to any of this? Ditto for importing millions of the worlds most destitute populations to be added to our welfare roles? Far easier to tear something down than to build something up.
Mr. Bonner should make an effort to read Professor Victor Davis Hanson's Commentary regarding the Expert's wrong perspectives and beliefs called: "The Decline & Fall of Our So-Called Experts" dated June 30, 2025. It seems the Experts could not be more wrong.
Hey Randall, I did read that. VDH is one of the few people as respected by everyone. Trump has done some great things. No one calls me a racist for being white. Southern border is closed. We will see.
The fact that both sides of politics have managed to kicked the debt can down the road for so long will undoubtedly result in a BBBU (big beautiful blow up). Because nothing will change until it’s forced upon us all through bankruptcy. In saying that if Trump can at least get the ‘culture’ back on track the US has a chance coming out of a depression sooner than others.
Unfortunately Trump isn't in charge of anything. Oh, yes, He is a circus. He is here, He is there, He is everywhere. But He walks the talk of his bosses. He is only President because he has been bought and paid for. What are we doing in the Middle East? Why are we still sending money (abet less now that the Zionists need the money) to Ukraine? Why do we need a bigger defense budget? No country has the ability to invade us nor the desire? It is just the same ol' BS. Balance the Budget - laughable and Trump goes further into debt! I get it - we all hope for a better America but that is just not in the cards today. It is going to get really ugly - especially if not prepared - before it gets any better. You don't have to like it. You can rant and rave for a solution. You can pray or cuss - it won't change what is coming. The government cannot and does not want to fix anything. Plain as the nose on your face. And us peons/minions are very much like Mongo in Blazin' Saddles - "Mongo is only pawn in game of life!l"
Tonic. I have been saying the last several years I would prefer my depression under Trump. He clearly is not helping with this new spending bill. We will see may God bless us all.
Mr. Bonner, another master peace, thank you Sir, you cut through this BBBA bull like a hedge fund through grandma’s pension. You are 100% correct, these liberals and conservatives are two lobotomized hyenas gnawing on the same rotting carcass of fiscal sanity, every yelp from their mouths tanking the collective intelligence of the Western Hemisphere faster than a Lehman Brothers balance sheet!
This entire circus of deficit-drunk donkey-and-elephant worship is the geopolitical equivalent of a Goldman Sachs banker slamming meth at a TED Talk, trying to convince a room of trust-fund toddlers that infinite money printing will lead to infinite prosperity. Spoiler alert: it won’t. Every “stimulus” is just a fat piñata of taxpayer organs waiting for lobbyists to beat it open so the sweet, sweet contracts can ooze out. These pea-brained Beltway pyromaniacs will keep pissing gasoline on the dollar until the only thing left of Main Street is a charred husk where squirrels develop PTSD.
But hold onto your Montblanc pens, because the only salvation from this bipartisan brain aneurysm is a third party crowned with the titanium noggin of Sir Elon Musk, the one man whose IQ could terraform Mars and still have neurons left over to rewire the whole planet’s economic bowels. If we had a universal President Musk, we’d solve world hunger, eradicate disease, and build quantum toilets that flush poverty into a black hole. Instead, we’re stuck with these Red and Blue Ivy League flunkies who wouldn’t know a productive investment if it stripped naked and started pole dancing at the Federal Reserve. Mark my words: their grand plans will crumble into smoldering, radioactive dust bowls across every continent, and history will laugh so hard it’ll choke on its own ashes. Happy Fourth of July, and welcome to the end of the fiscal world, try the veal!
🤩🔱🐦⬛🔔🐦⬛🔱🤩
We always think the next guy is the right “Big Man.” It never is; it’s ourselves and God. Of course we can eliminate inspiration and rely on AI, the next false God. I have read a lot but you seem to be the most imaginative and well read, Egypt, many varied metaphors.
Your insight lands sharper than a short-seller’s memo the night before an earnings miss. You’re absolutely right, history shows the market’s eternal craving for a new “Big Man” to rescue the day, whether it’s a CEO in a tailored Brioni or the next so-called technological messiah.
Yet time and again, the truth remains inconveniently simple, sustainable returns come from disciplined individuals guided by faith, reason, and a refusal to outsource conviction to the illusion of a silver bullet.
Wait, did I mention I have a PhD? Lol, the main reason I’m saying it is because if it gets even half a chuckle out of Mr. Bonner, it’ll be the best ROI I’ve seen all month! 😂
I think your insights and varied knowledge is won in the game of life, much higher than a PhD.
Please don't promote veal in any way. A very obnoxious way to treat an animal.
Oh, please don’t promote veal? That’s your red line? That’s the final moral stand you choose to plant your dainty flag on while the entire financial order convulses like a cow in a slaughter chute? We’re face-down in the septic tank of monetary Armageddon, with Wall Street ghouls spooning molten debt into the mouths of unborn children like it’s chocolate pudding, but your conscience rears up only for…baby cow cutlets?
If your priority is veal’s feelings while the Treasury cranks out fiat confetti like a demented Chuck E. Cheese ticket blaster, congratulations, you’ve perfectly captured the spiritual essence of this doomed clown show. Perhaps next you’ll demand we say “please” before we torch our retirement accounts or compost our entire currency system.
😂😂😂😂😂
I have to hand it to you, that was a great comeback.
Egypt, nicely said with one exception. Even if Sir Elon was "in charge" the Deep State would overwhelm him. There are three (3) branches of government and the other two would grind him down. If Congress authorized the spending, then the Judicial Branch would say it needs to be spent. There is NO solution at this stage of decay with the American Empire - just too late. Main Street and I am sure you know a few as I do, have people working the butts off and slowly sinking into the swamp. Just too much Government and the Main Streeters don't have enough power - meaning there is not a huge Main Street Lobby to funnel money to the "lobotomized hyenas" inside the Bellway. So - yes - try the veal as you say!
I like the idea of bringing back manufacturing to the US. But realistically planning on the government doing it is an extremely remote possibility. They are already over 90% debt to GDP ratio. More spending is extremely unlikely to produce their desired results, just like their Greenspan stimulation resulted in more debt that hasn't been paid back. Their idea to give every person a home didn't work and resulted in more Federal debt. They bailed out Silicon Valley Bank and others resulting in more debt. Their plan to release a virus and then dump money into the economy resulted in further debt. In fact I can't think of a program that worked to improve the debt situation and now they've passed the 90% debt to GDP ratio that reputable economists have written in length about and it seems logical to me that more stimulation from debt returns diminishing returns the more federal debt is above the 90% threshold. The government is superb at spending money they don't have i.e. creating debt but they just can't seem to make any plan work.
Unfortunately I think Bill is right on this accounting even with Elon finding and listing and reducing corruption, with Trump's help, from the leftists spending tax payer money on foolish projects. The chances of the government getting something right and accomplishing their goal is beyond miniscule.
It must be me - that Bonner's perspective has always been this way and I was never aware of it. After all, I never followed him and his "errors on the way". So if Bonner wasn't hammering on the liberals, he should have been! Has Bonner not followed the screwed up Biden years??? Or maybe he WAS hammering Libs and I just didn't know it. Now it seems he will hammer Trump and Conservatives because.......? Does Bonner NOT understand that it may just take Trump awhile to turn our "great massive ship" around? After all the years of BS I've seen from LPB (Liberals Praising Biden), IT HAS BEEN SINCE ONLY JANUARY 20th OF THIS YEAR! For God's sake, Bonner, give it a rest. Check back in with me NEXT January 20th and we'll see how it goes!
Mr. Norton, I've been reading Bill's remarks for nearly twenty years. His constant refrain -- creatively expressed -- is governments don't create wealth; they consume it.
Trump, his Administration appointees and his Congressional enablers will fare no better than other government officials in other countries who sought to use money they took from their citizens and/or printed into existence to fund what they thought would be savvy.
Despite our robust wealth-generating private sector, our Federal government Administrations, both Democratic and Republican, have --with one exception since LBJ -- become progressively greater spendthrifts.
(The exception was a budget surplus that the Clinton Administration delivered to incoming president George Bush who, with $200 checks, gave it to everyone whose breath could fog a mirror).
Of our nation's massive deficit, Trump and Biden -- in that order -- are responsible for most of it.
"Priming the pump" or deficit financing or consistently spending more than the nation's tax receipts year after year will not end well. Trump is making history but, economically, it's inglorious history
Mr. Roberts, I appreciate your message. It's disheartening, but appreciated. My hope is that "it will be different this time". Will this be the first time we hear that lament and actually see it come true? I just don't know and can only say that straddling a fence is pretty dang painful!
Yep straddling can be painful if You slip and fall. Yes January 20/2026 will tell all that is needed .
Expecting proposals from the Author´s side as some commenters ask for is a waist of clicks on the keyboard....
As we see in Europe - NO - correction - specifically the EU and it´s "Elites" they are heading same course. The former "power house" of the 27 member states, Germany, shoulders roughly one quarter of all costs and liabilities for the Union. This enables the poor countries to stay somehow afloat and the big beneficiaries as Poland to develop a succesful economy and some others, mainly Italy, Spain and France to continue their "laissez-faire" at the expense of the German Bundesbank which credits these three countries via the so called Target II system with about 1 Trillion €. In practical terms that means, these countries import ("buy") german goods and services and their Banks report the obgligations to the ECB which hands them over to the Bundesbank who books an You Owe Me in its balance sheet. Thats these Target figures.
They won´t be served anytime near or far, so when the €-Zone blows up the german taxpayers are in charge and the mentioned countries have a big laugh and keep their assets of course.
So the fact that GER now starts to pile up huge (let that expression sink in) "special investment funds" which are in fact pure debt (with bookkeeping outside the regular government budget) shows they steer into a default direction but want to extract as much money as possible for their specific friends (MIC/PIC/Migration-Business etc.) . And with that construction they believe to keep it out of sight of the peasants.
Central Bank Digital Currency for the €-Zone is starting in September, so the path is clear. Erase Cash as far as possible, lure the electorate into the trap of cashless society and then every kind of reset is ready to be started.
On average the Cash funds of the population roughly equal the debt of the Governments so as soon as the escape is blocked why not make some write offs on the peasants account and credit them to the Government Balance?
They did something quite similar in Cyprus in 2013 and it worked well . . . There´s their blue print
Vyprus 2013 were bailed-in before being bailed-out receiving EU loans. I have some reservations in all this. Who bails-out the bailer?
It aint over until the fat lady sings say I. And I'm not sure you will have as many compliant suckers, oops, I mean constituents given a much larger percentage in the aggregate pool.
I read a quote today by Thomas Sowell I believe and here it is
"You cannot subsisdize irresponsibility and expect people to become more responsible".
That Sowell guy is sure on the top. I am reading more and more of his books. Good author with respect, at least from my point of view. Not saying that We do not have them on this site.
Pete, the conditions sets by the EU were that Cyprian bank customers should burden some 7 billion € off their accounts and the EU would cover the rest of 10 Billions. Which of course went right away to European banks as the debt holders of the Greek Banks which were the mother companies of the failed Cyprus Banks. And the Cyprus Banks on their own wouldn´t have failed if they had been independent . . .
The ship can’t be turned around, at least not until it hits an iceberg. It’s not just the United States, it’s the whole world. We’re all heading for economic disaster and all anyone can do is ask the orchestra to play songs that we like.
But maybe we can do something. What would happen if gold were declared legal tender in the United States? Could the day come when we might be running two parallel economies? One based on gold and one on the printed dollar.
Don’t back the dollar with gold, eventually get rid of the dollar.
Day in & Day out criticism of professional finance guys TRYING to fix the fiscal health of the U.S. Government is a gut-wrenching and thankless job.
But, in the end, he is trying to make a positive change to a very messed up financial house.
With people who are outside criticizing every little action.
Why not offer constructive advice and be a part of The Solution!
The BBBA continues paying Ukrainian civil servant salaries.
Thank you you clowns!
Is there any way to a balanced budget ever again?
With the prevailing UniParty: not a snowball’s chance in Hell
Thanks for answering; Interesting perspective. I was unaware of Bessants participation in the Japan fiasco. What do you see as the solution? Should we just default and start over? Rickards seems to think a reset coming, perhaps tied to a gold back dollar, If so I think he claims gold at $10K an ounce would provide enough leverage/ liquidy to put the ship on a sustainable course.
Agree?
"It worse than that, he's dead, Jim. He's dead, Jim." Great line from a Star Trek satire song. But Scott Bessent also was a key figure in shorting the British pound in 1992 and helping Soros earn over a billion dollars. Scott is a first class speculator. A question for Trump supporters is What is the right hand man of George Soros doing in the Trump administration?
Is the U S. the keeper of the world's gold that they can set the price? What about the rest of of world in this gold price equation? I always thought the price of gold was supply and demand controlled. But maybe not.. lately it seems to be more manipulation by someone or some group...
I suppose I will have to continue to wait for anyone to propose a saner, realistic "Plan B". Simply railing at the effect of our accumulated debt, since 1971 and the total abandonment of any ties to Gold, obviously, won't be enough. Not at the threshold moment for entitlement program financing abuse, over decades, is now staring us all in the face.
If "growth", as a strategy, is to be ruled as out of reach - "what then" is the question?
Repeal the state by 80%
But hey, good luck.
Ed, one can not continually grow. At some time You will reach the peak. And then what? Maybe level out or slowly decline. Just My thoughts with more questions than answers.
The "lock box" for social security funds would have been a good idea, if they would have actually locked it. Now, unfortunately, it's far too late. But other than growth, what other strategy even exists?
More precisely, where do the Lefts spending plans, such as USAid funding of LGBT+ themed comic books, to be sent to religiously conservative countries, figure in to any of this? Ditto for importing millions of the worlds most destitute populations to be added to our welfare roles? Far easier to tear something down than to build something up.
Yes tearing down seems like the answer, as terrible as it sounds. Glad I am am just a person who see's all these things from the side lines , sort of!
Vey good, Bill, thanks!!
Mr. Bonner should make an effort to read Professor Victor Davis Hanson's Commentary regarding the Expert's wrong perspectives and beliefs called: "The Decline & Fall of Our So-Called Experts" dated June 30, 2025. It seems the Experts could not be more wrong.
Hey Randall, I did read that. VDH is one of the few people as respected by everyone. Trump has done some great things. No one calls me a racist for being white. Southern border is closed. We will see.
The fact that both sides of politics have managed to kicked the debt can down the road for so long will undoubtedly result in a BBBU (big beautiful blow up). Because nothing will change until it’s forced upon us all through bankruptcy. In saying that if Trump can at least get the ‘culture’ back on track the US has a chance coming out of a depression sooner than others.
Unfortunately Trump isn't in charge of anything. Oh, yes, He is a circus. He is here, He is there, He is everywhere. But He walks the talk of his bosses. He is only President because he has been bought and paid for. What are we doing in the Middle East? Why are we still sending money (abet less now that the Zionists need the money) to Ukraine? Why do we need a bigger defense budget? No country has the ability to invade us nor the desire? It is just the same ol' BS. Balance the Budget - laughable and Trump goes further into debt! I get it - we all hope for a better America but that is just not in the cards today. It is going to get really ugly - especially if not prepared - before it gets any better. You don't have to like it. You can rant and rave for a solution. You can pray or cuss - it won't change what is coming. The government cannot and does not want to fix anything. Plain as the nose on your face. And us peons/minions are very much like Mongo in Blazin' Saddles - "Mongo is only pawn in game of life!l"
Tonic. I have been saying the last several years I would prefer my depression under Trump. He clearly is not helping with this new spending bill. We will see may God bless us all.
Happy Fourth of July Everyone. “We’re on our way to National Bankruptcy” - Not.
I like to say happy Independence Day, as there is a fourth of July everywhere else in this world.
Senate's "big, beautiful bill" would add $3.3 trillion in new debt: CBO
https://www.axios.com/2025/06/29/senate-big-beautiful-bill-deficits-debt