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Bob O'Brien's avatar

Trump backs Mileu using the power of the govt. Trump backs our allies using the power of the govt. Trump delivers on his campaign promises using the power of the govt. Trump is working 24/7 to right the wrongs of 16 years of Obama/Biden. I could go on and on but you get my point.

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An Ol' LSO's avatar

Really? Is there a war in Ukraine? Is the horrific genocide in Gaza stopped? How are the American farmers doing? Release of the Epstein files? Audit of Fort Knox? Deficit going down or up? Apparently, there is the real world and then the Fantasy world of the media. The TACO Clown is an affront to everything our Constitution stands for. He has single-handedly turned the world against America.

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Bob O'Brien's avatar

Sorry Sir, your delusional

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An Ol' LSO's avatar

Yes - you are delusional. Fully agree. Trump is a disaster! Fully able to bankrupt America ($1T debt every 100 days) since he has six (6) bankruptcies under his belt. Everyone knows Biden was a disaster. But Trump - Ugh!

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Mike Ware's avatar

MAGA

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An Ol' LSO's avatar

Yep - exactly what the TACO Clown is doing - Making America Go Away! And, he is getting soooooo good at it. What a disaster.........deficit going down? Oops - no. Employment going up? Oops - no. Inflation under control? Oops - no. Gee.......Trump is so wonderful - well, at least in his mind. American people - not so wonderful and it is getting worse.

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Bill's avatar

Let us know when you're out of your government.Shut down bunker.

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Mike Ware's avatar

🤣

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Kevin Leader's avatar

I agree with you for the most part, but Trump was better than the alternative.

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Eugene A DeFouw's avatar

Frankly, I diagree with your assement. Yes, the Ukraine & Gaza wars continue, but they are not wars with our troops involved - with some positive progress in Gaza.

Yes, the Epstein files are frozen in legal decisions from the past, Why the Audit of Fort Knox never happened - I likewise wonder why?.

The deficit is going up as it has for the last 30 years and will continue until Congress gets some balls and STOPS trying to buy votes with give-a-ways. Trump can only do so much as he fights liberal judges, liberal MSM, liberal democrats & Rino's and a gutless congress unwilling to vote to balance the budget with major cuts to government programs. Trump is trying to accomplish that goal but is challenged & Our nation needs a term limits, age limits on congress & judges and a balanced Budget amendment. Nixon was going to do a Rosevelt trick on taking the U.S. off the GOLD STANDARD, but he was forced out of office before he could bring back the GOLD standard, and the BIG Banks & Federal Reserve loved printing money.

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An Ol' LSO's avatar

Eugene, your reply is refreshing. It is good to see hopium still stirring around. Unfortunately, my view of reality varies from yours. Trump is a showman - and it is hard to see any strategy lurking in his tantrums and actions. Nixon closed the gold window because the gold was flooding out of Ft. Knox. There is a reason there was no audit. The U.S. has nowhere near 8,133 metric tons. The gold was being depleted at a rapid rate. Luckily, the world wasn't then in a position - economically or militarily - to turn away from the U.S. The U.S. then was still the manufacturing center of the world. Unfortunately, that has gone away - none of it Trump's fault but certainly his actions aren't going to bring jobs back to America. The US$ - because of the loss of trust in America - along with the growing deficits will fail. There is no turning back. I am an ex-Navy carrier aviator. I love America but not our government. It is following the path of past empires as they sink into the swamp. And, frankly, Trump isn't helping. So sad.......

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Mark S.'s avatar

Bob, Trump uses the power of the government to spend more $ than revenues driving debt exponentially up. I voted for Trump with the hopes of him cutting government and cutting spending. That isn't happening, not by a long shot. Trump believes he can grow economics through spending your way through growth. He is delusional if he thinks this will happen. Not with $38 trillion in debt. That hole is too deep. Before you scure me, I voted Trump and had high hopes but he's disappointed me so far with his policies domestically and internationally. BTW he may be the only president who has declared bankruptcy with several of his billion $ corporations so his track record in growing businesses for success isn't a great one. I wish things were different as I dont see anyone on the other side of the isle worth a vote either.

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Angry Icebergs's avatar

Trump's Administration has increased Federal revenues by 40%. (about $1.5 trillion).

The tax cuts (implemented in 2018) were initially expected to cost the government $1 trillion, but they have instead contributed to higher revenues.

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Eid's avatar

What have the deficits done ….Debt increased by one trillion dollars in 72 days…estimated interest on the debt will be 14 trillion in the next decade…What growth can take care of that???

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Frank Westmoreland's avatar

Mr. Schwartz, But what is the alternative to trying to do a Reaganesque growth stimulation via domestic regulation cuts, tariffs, and tax relief? Radically cut the budget? That means radically cutting jobs because as the globalists, via heavy domestic regulation, pushed millions of jobs overseas, they were not able to remotely replace all those with tech jobs during the 21st Century. So what did they do via their U.S. Federal Reserve allies--kept unemployment low via massive debt creation from 2000 to 2025 (an entire generation). So the U.S. still has low unemployment but with a debt-to-GDP of 110% in 2025 compared to a debt-to-GDP of 35%-40% in 2000. So debt for jobs the last 25 years. So you can't just slash the budget or there will be massive unemployment. And then the radical Democrats will return completely to power and pass a mass amnesty in Feb. 2029 for some 20M illegal alien peasants as well as open the southern border again, add more gun controls, add more domestic regulations, undermine local police, and promote trans and woke nonsense.

Bill hasn't hardly mentioned Argentina's Pres. Milei until now when Milei was barely able to survive this time after some serious budget cutting, mostly because of $40B promised for Argentina by Pres. Trump. Still Mr. Milei only received 41% support, down from 56% when he won two years earlier. With the hated Peronists receiving only 25%, that leaves 34% not supporting Milei or the Peronists. And the main reason is that unemployment has continued to increase. Duh. When a country has heavy debt that means the debt has been used to prop up jobs. It's not just the United States. Milei now has just enough members of his party in the legislature to sustain his vetoes, which have been overwhelming overridden this year with help from members of his own party or the unemployment rate would be even higher. But if he keeps cutting debt and thus jobs, those vetoes won't be sustained.

Bill cherry picks stats or simply ignores facts he doesn't like. And Bill also does this apples-to-oranges comparison of Argentina to the U.S., knowing full well that our very expensive, $1T per year, U.S. military protects the entire Americas region from Communist China, sparing Canada, Mexico, Central America, & South America from having to run up even more debt by pumping up their militaries. I admire Pres. Milei for trying to reduce his country's debt and remove onerous regulations from domestic business. But the debt reduction must be very GRADUAL over possibly two decades or the lunatic leftists will return to power. Most people all over the world are very soft nowadays, not just in the U.S. This is not the 20th Century, unfortunately.

When Bill's affluent readership wants to slash the debt that means they and their family/relatives can easily survive the crushing recession or depression that would occur. For example, my wife and I could easily survive it, but we would hate to see massive suffering (yes, sadly even from all the financially-ignorant, soft, greedy folks), as well as the radical leftists taking power again.

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Bill's avatar

I've started many companies and closed several. Always near Christmas on the closings. That's not because of me.That's good.I'll have to spend five dozens and thousands of dollars if I extended the operation one day past december thirty first. Never a bankruptcy. I could have, would have been smarter. That's sad, I am not into high stakes real estate , which requires big time leverage.

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Bill's avatar

Yes let's. Trump sucksHe's not at all like Molly ice.He's not cutting government agencies , he's not cutting back employment. He's not raising revenues. And of course,he did not help Meylie maintain his position. Additionally, no government official has ever been so forthright.And obvious about using federal government money for their own political design... It's joe biden said i'm leaving here in six hours and if you don't fire the prosecutor who's going after my son's corrupt employer i'm keeping the billion dollars..... Well i'm sorry that wasn't obvious enough. Total claptrap.

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Burnt taco's avatar

We have bailed out and funded far worse countries and governments than Argentina. Just click USAID/ doge for a recent laundry list. Trump cannot possibly do worse than the Obama decades no matter how hard he tries.

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Tim Pallies's avatar

While I agree, that's a pretty low standard.

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SouthSideRich's avatar

You all have valid points.

Now let's figure out how to implement what Bill is discussing in this article.

Please.

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Conic Tonic's avatar

Trump sure gets a lot of things right!!

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Eid's avatar

What allies is he backing??? Orban…Putin…? Canada and Western Europe are not our allies??

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Mackinac's avatar

Trump has been putting an end to racism at Universities. Trump exposed how USAID was using our tax dollars to support communism globally. Trump has deterred wokism and this wonder of insanity about sex while grooming our children. Trump has made the EU globalists look like the authoritarians that they really are: censoring, controlling and creating wars to remain in power even though their voters want them out, voted them out but they won't leave office. Trump has the fake Democrats on the run for their hate and destruction of American culture of freedom. Trump has pulled together a team that is showing the world that it can be healthier and free of control by the wealthy and technocratic monitoring of society, essentially FREEDOM. If you can't see how Milei, Trump and the changing vote in the EU are aligned then your TDS has overtaken your logic. Next thing you know you'll be recommending there should be a target on Trump's back, like Charlie Kirk and the assassinations of the AFD in Germany, its the only way to freedom. Right Bill?

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Paul Murray's avatar

Mack, I agree there is a rigid, abiding revulsion among many against DJT the Man and President Trump the functionary. Our side has given the condition a clever, little label, Trump Derangement Syndrome (TDS), but what that has done is cloud the real issue, which, in my estimation, is this: do you think TDS goes away once DJT/President Trump is retired? I don't think so. TDS is real, but it's also permanent, because it's a mindset against traditional-values conservatism. The polarization in this country will continue forever, unless and until a catastrophic event forces a reassessment, or until the two sides go their own way. The TDSers are not going to convince us, and we are not going to convince the TDSers. If that conversion of one side or the other were possible, it would have happened already. Best always. PM

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Mackinac's avatar

Interesting comment and very likely true. There has been a very gradual shift toward conservatism, Trump was elected in a landslide. But that doesn't mean the communists won't continue to love the idea of "free living", take from the rich and other insanities propagated by those politicians pandering to the poor, under privileged, insane, and those who have grown up in misguided families. There will always be poor. But that doesn't mean we shouldn't fight to explain there are choices and decisions that spur on poverty, lack of motivation and insanity.

In many ways that is what Christianity is, the logic or integrity of healthier and better lives.

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Paul Murray's avatar

I agree with conditions. First off, what constitutes a landslide? A scant 2% of the popular vote is squeaking by, and it is certainly no landslide. A solid but not overwhelming electoral-vote result is encouraging, but hardly comforting. If the trend continues in the mid-terms, I'll be open to the idea that we are gaining a political upper hand, open to it but not convinced. We will NEVER be safe from Leftism until we start cutting, truly cutting, and reducing the physical size and presence of government. Government itself will resist that trend with everything its 40-percent presence in our lives can muster.

The results of the election that gave us DJT's second term indicated (via the electoral-vote results) widespread support for DJT and the Republican effort in a broad part of the relatively, comparatively unpopulated part of the country, and concentrated Democrat strongholds of support in densely populated areas of the country. 90% of the Left, the CommieDems and the LeftyLibs, are in 20% of the area of the country, but due to population distribution/densities, that relatively small area is still nearly 50% of the electorate!

America turned Left for real in the Depression and went all in during the 60s and 70s. It's going to take a long time to get back to the middle, much less enjoy a small-government, conservative position going forward. The struggle is not over; it's actually just begun. Best always. PM

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John P Gallien's avatar

We will never be safe from Leftism until we sever the stranglehold of the progressives on education as well as sever the government's stranglehold on education. Too many conservatives believe in "public" (government) schools. This is socialism in education. We would have a vastly more efficient and effective education system if we got the government, at all levels, out of education. And yes, even poorer people would be able to afford an education as the free market delivers in various ways for the customers. Instead, we have "free" but very expensive government schools that are failing to educate our kids while indoctrinating them with leftist ideas.

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Mackinac's avatar

yup

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John S's avatar

I think you are confusing "widespread support for DJT" with widespread support for his promised policies, PM. Slashing wasteful spending, the Epstein file release, less war, less Government etc etc, nearly all of which he reneged on almost immediately. I'll give him the border one, though, to save anyone the trouble of pointing it out.

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Paul Murray's avatar

He got the votes, did he not? No president ever fully does what he says, declares or intends. The bureaucracy is so entrenched and pervasive. This was one of Obama's biggest complaints. Best always. PM

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John P Gallien's avatar

Well, not only against traditional values, but also against the free market and anything that would make our situation better - like being productive and unleashing energy production. The left have called every Republican president "Hitler" or fascist for decades. They want a compliant citizenry that will do what it's told and be dependent on handouts.

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Invector's avatar

"𝙏𝘿𝙎 𝙞𝙨 𝙧𝙚𝙖𝙡, 𝙗𝙪𝙩 𝙞𝙩'𝙨 𝙖𝙡𝙨𝙤 𝙥𝙚𝙧𝙢𝙖𝙣𝙚𝙣𝙩, 𝙗𝙚𝙘𝙖𝙪𝙨𝙚 𝙞𝙩'𝙨 𝙖 𝙢𝙞𝙣𝙙𝙨𝙚𝙩 𝙖𝙜𝙖𝙞𝙣𝙨𝙩 𝙩𝙧𝙖𝙙𝙞𝙩𝙞𝙤𝙣𝙖𝙡-𝙫𝙖𝙡𝙪𝙚𝙨 𝙘𝙤𝙣𝙨𝙚𝙧𝙫𝙖𝙩𝙞𝙨𝙢."

Absolutely nailed it, Paul!

Get ready for VDS in a couple of years.

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John P Gallien's avatar

No, I don't think Bongo Bill would go that far, but he does seem to be totally deranged.

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Ed Burns's avatar

Trump has worked to expand education as he supports school choice with Charter schools - but also he has slashed education by putting Linda McMahan in charge of dismantling the Carter era Dept of Education. This is a thing right out of the Libertarian handbook. Bill, sometimes two things can be true at the same time.

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Michael Long MD's avatar

I’m confused when you state that a cost would be DOE staffing and cost of buildings. I believe that would be a great thing to get rid of the Department of Education completely and save money to the American taxpayer. I also believe that having power closer to the people is really what our founding fathers envisioned. We are a representative republic not a democracy.

The biggest problem may be the electorate being uneducated, and not being engaged in the process. Our founding fathers felt that our representative Republic was contingent upon a well informed populous. I would suggest we are ill informed mainly because of our own laziness.

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Ed Burns's avatar

Not sure why you’re confused, the cost of the DOE to house and staff is an appreciable savings to be realized once dissolved. As to the qualifications for voters, that’s statutory only. Relative IQ has nothing to do with it. Does bring to mind, however, that quote of Senator Daniel Patrick Moynihan back in the Reagan days when he expressed a preference for “the first one hundred names in the phone book” over the Senate. Perhaps the true strength of a good decision isn’t found in the opinion of the mob or their Geru’s in DC, but in a healthy mix of both. Not the “four wolves and the sheep discussing what to have for lunch”. But making sure that the Shepard is on the scene and has access to his gun. More about an environment that encourages common sense, cordiality and an ability to actively search for reasonable compromise, versus money muscle and ego.

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Michael Long MD's avatar

All the department of education does is dole out money with strings attached. By eliminating the middleman, ie the department of education the money can be block granted to the states. That is not cutting education.

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Ed Burns's avatar

Sure it is. For one thing there’s the cost of the DOE staffing and Building expenses. But beyond that there will be an entire large and remote level of oversight eliminated with accountability moved closer to the people. Our democracy ends at the state level. Thereafter, we become a Representative Republic of states with “K Street” influencers. Thus, meaningful policy decision go back into the hands of the voters. The parents, not some anonymous gaggle of bureaucratic busybodies intent on DEI or some other nonsense.

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Kevin Leader's avatar

Agreed but the spending is out of control

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Michael Long MD's avatar

I have a feeling you and I are agreeing and yet we seem to be disagreeing. I’m all in favor of getting rid of the department of education and it would save the taxpayers a lot of money. By block granting money without strings, you give the freedom for each state to solve their own problems in their own way.

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Ed Burns's avatar

Yeah. I think we’re in agreement. Syntax used was confusing? My bad then. As a writer, I’m no Bill Bonner, I assure you. 😜

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Tim Pallies's avatar

And better yet would be for D.C. to stop taking the money in the first place.

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Invector's avatar

"𝘽𝙮 𝙗𝙡𝙤𝙘𝙠 𝙜𝙧𝙖𝙣𝙩𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 𝙬𝙞𝙩𝙝𝙤𝙪𝙩 𝙨𝙩𝙧𝙞𝙣𝙜𝙨, 𝙮𝙤𝙪 𝙜𝙞𝙫𝙚 𝙩𝙝𝙚 𝙛𝙧𝙚𝙚𝙙𝙤𝙢 𝙛𝙤𝙧 𝙚𝙖𝙘𝙝 𝙨𝙩𝙖𝙩𝙚 𝙩𝙤 𝙨𝙤𝙡𝙫𝙚 𝙩𝙝𝙚𝙞𝙧 𝙤𝙬𝙣 𝙥𝙧𝙤𝙗𝙡𝙚𝙢𝙨 𝙞𝙣 𝙩𝙝𝙚𝙞𝙧 𝙤𝙬𝙣 𝙬𝙖𝙮."

I'm curious why you believe the Feds should give money to the states---strings or no strings??

Education should be left entirely to the states. Let them "solve their own problems in their own way" 𝐀𝐍𝐃 with their own money.

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STEVE CAMPINI's avatar

Bravo Milei!

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Paul Murray's avatar

Milei is a hero, and Trump's a dictator. Got it. For those of us awaiting real change here in this "country", keep in mind what Dan Bongino often said (at least until he got in government): it hasn't gotten bad enough yet for enough people. Best always. PM

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Bart Nelson's avatar

The truth of the matter is that America is not ready for a Mileu. Power and votes are bought with pork. A Mileu will only come after both parties suffer the same fate. I think the s**t is going to hit the fan after this mid-term election. Trump has been jabbing for two years, and I think he is going to start throwing some haymakers after November 4th, regardless of the outcome.

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Paul Murray's avatar

Something's got to give, that's for sure. Best always. PM

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EJ's avatar

Points well made, Bill, thank you!

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Allan R Camrud's avatar

Billy Boy... TDS

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Richard Redstone's avatar

Hey Bill it’s no wonder you love Tom Massie.. two virulent Jew haters.. two rotting peas in a pod.

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Pieces of  Eight Insights's avatar

Richard. You’ll have to clarify to me what a Jew hater is. Do you mean someone who hates the Jewish people or are you referring to someone who is opposed to the Israeli government and a lot of their proposals? I am opposed to Israel providing a Jewish handler for almost all people in Congress so that they can be influenced to make positive legislation that benefits Israel; So is Thomas Massey. That does not make us Jew haters. In fact, I am very pro the land of Israel, Zion, and the people who live in it.

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John P Gallien's avatar

Bongo Bill writes:

"But if Milei’s philosophy is correct, Trump’s philosophy must be wrong — because they are opposites."

Or just maybe, Bongo, your TDS gets in the way of seeing the similarities.

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dk's avatar

Argentina is now another frontier on trying to stop the influence of China on the BRICS+.

Brasil has been overtaken by the same insane leftist policies of the Biden Administration, and is a big trade partner with China. That makes Argentina a containment option. No more, no less.

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SouthSideRich's avatar

This article is why I'm a paid member.

(I haven't read anything like this anywhere else.)

Please re-post this public article on all your social media.

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Angry Icebergs's avatar

...read any article published by the Beast, MSNBC, NPR, Politico, HuffPost... etc...

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Cec.bell's avatar

I like reading all these comments. If Trump is doing so much "damage" why is Bill Gates spending $50m to back Kamala back into the WH?

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Nick Harding's avatar

Is now a good time to invest in Argy?

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Leonard Hartman's avatar

Three cheers for Mileu

leh

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Bob Haskel's avatar

Bill; If it's all the rosy / positive picture that you paint, and the voters seem to perceive, why did the Peso need support. Was that just a result of Bessents buddies trying to manipulate currency markets and getting caught / needing bailed out or something else ?

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SouthSideRich's avatar

Great Question!

Sounds like an addiction requiring another hit.

How do we all receive economic rehabilitation from this debt-based scourge?

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