New money was printed up and added to the money supply. The national debt rose by $8 trillion and the resulting inflation caused a 25% increase in the general price level.
I hope Trump has advisors who can help him understand that there are reasons that the BRICS, et al, want to move away from the dollar, and fixing those reasons would do far more to stem the tide than threats. Such moves as declaring that the US will allow all nations free use of the Swift system, and that US bonds and notes held by other nations, no matter how odious, will never again be frozen, much less stolen, would do much more to encourage the use of the dollar than threats of tariffs. Most countries would prefer to use the dollar for trade and savings, but the control of the dollar by the US authorities to punish others makes it much less attractive for savings or trade.
Well stated Gordon. Biden's weaponization of sanctions has hurt the dollar as a reserve currency as never before almost as if the global elites that control him want the dollar to fail.
Seriously????? Why would any country on earth EVER believe any promise made by the U.S. Most awake and rational Americans don't. All they are able to count on with certainty is that whatever America "promises" the opposite is going to happen in the future. The elites are solely focused on power, power, and more power and their first and only thought is WAR. And, tariffs are an act of war. The U.S. hasn't kept any promise ever. This euphoria will last into - at best - mid 2025. Debt will continue to increase, inflation will continue to rage, and the rest of the Western world will continue to shake their head in disbelief. And, I also diverge from Ol' Bill's opinion that "International Investors are loading up on U.S. assets". Maybe western leaning international investors, but the East (Russia, China, Iran, etc.) are certainly not. They continue to buy gold and silver at a torrid pace. Russia is pushing back against the U.S. war machine and showing it is if not more technologically advanced at least more than an equal. Russia is crushing Ukraine and now is active in at least Syria in the middle east against the Israel/U.S. - as is most of the rest of the World politically. China is ramping up its challenge against the U.S. in southeast Asia and will eventually take Taiwan back. The U.S. debt is out of control and our foreign policies are so arrogant to be almost laughable. The U.S. empire continues its swan song into history and a new day is coming. Trump nor his henchmen will change that.
"Trump nor his henchmen will change that." -- Ol' LSO
So you think Harris and her "henchmen" would be an improvement? If you believe that, then I have a beautiful waterfront property in Las Vegas I would love to sell you at a great price.
Everyone knows I was never a Trump fan because he was always just another NY Liberal in his past life. This man is nothing like he was and as most men never learn from their mistakes, I believe he has. Besides being a true master at the Art of the Deal, Trump had a backbone like no politician ever, and his ability to fight back against constant attacks on himself and his supporters is truly the Art of War. Exactly what America needs right now to turn the damage of decades of Woke/globalist propaganda and the destruction of our history and culture. I’m supporting this man and party 1000% now and at least have hope for the future of our children and country over the insanity, ignorance, incompetence and corruption of the democratic cult! God Bless America and those who fight for her 🙏🇺🇸🇺🇸🇺🇸
I too shared your distaste for Trump. Reading about the small contractors he screwed when his AC casinos went bankrupt turned my stomach. But why do you think he learned from his mistakes? Here's an example of not learning - he still braggs about his Warped Speed experimental mRNA vaccine even though they are neither safe nor effective. He could have appointed Dr. Ladapo as Surgeon General, the Surgeon General of Florida who called for halting the COVID vaccines. Instead he appoints another mRNA experimental vaccine cheerleader.
Agreed. Trump's not perfect but he is much better than the alternative. Plus, for the most part, he is assembling an excellent team - much better than the last time.
I've come to dislike both alternatives. To paraphrase Huey Long - no matter which party serves the meal, Wall Street Banksters are in the kitchen cooking up the grub.
As far as his team, what do you think of his Surgeon General Dr Janette Nesheiwat saying the COVID vaccines were a gift from God and praising Facebook censoring opposition to the Warped Speed vaccine?
I know most of them already, Dorothy. I'll leave it to you to scour the leftwing media which I'm sure will report on all the bowel movements of every candidate that Trump puts forward.
JPG: Well, actually I read and listen to the leftwing and the rightwing media…you should try it. I don’t need to know each candidates bowel moments, but their background history can be very revealing.
Yes Cartero, that is business and business is business and unfortunately it happens every day. Only the strongest and smartest survive. The plandemic is on a totally different level and I only blame his lack of political intelligence for the treason that followed. That same treason was already imbedded in our government for decades prior to his presidency, and we are where we are due to those who committed the crimes, and will continue until they are brought to justice. Trump is responsible for following the insane advice, but knows those behind the curtain and his Art of War ability should be fun to watch as he hunts down these traitors and brings them to justice. Keep your friends close and your enemies closer 🤔
SL: If you think that Trump has learned anything that will make him a better President, I think you are sadly mistaken. Yes, he has the backbone but of an untrustworthy person. Hope you are not too disappointed when he is going to release all the people who are currently serving time for the 1-6 debacle aka his people…What a guy!
I may be more dense than the average engineer but I would appreciate it if you were to label the graphs to more easily determine which color represented which parameter
I agree with your reasoning on what makes and economy strong, Bill. I must also admit that Trump's tariffs will work only if the dollar remains the reserve currency.
On the other hand I'm just so f***ing sick of the globalist's narrative and their trying to start WWIII, etc., etc., etc. I certainly want the traitors punished. It doesn't seem to make sense of allowing traitors to destroy America since it is obvious what they are trying to do. Do we need nuclear war to understand their compulsions. At this point in this game it seems concentrating on destroying those trying to destroy the country, its constitution and our freedom is top priority. So you should either more fully explain the forces which you think will dominate and why we must move in a certain direction or jump in bed with the elites and support their control over society in the name of free trade or free speech and explain why it won't be so bad. Yes of course debt is the big problem, so what, it's been the problem for 40 years. It will most likely be the center problem in a while. It certainly isn't going away.
I think the choice is doing away with the collectivist parasites or letting them take over. Then trying to manage the debt problem without their smart, well connected, ambitious and educated contributions while they sit in jail for being violators of the US Constitution.
Well said. The Democrat party are progressive fascist NIHILISTS! They want to destroy the Constitution and our country in order to remake it in their own fascist/socialist ideal. Not all of them, but the ones that aren't never sway from voting with the far-left leaders.
JPG: It isn’t the Dems who are trying to destroy the Constitution, it’s Trump. On 12-4-22 he called for the termination of the Constitution to overturn the 2020 election and reinstate him to power in a continuation of his election denialism and pushing of fringe conspiracy theories. White House spokesman Andrew Bates said that Trump’s remarks are “anathema" to the soul of our nation, and should be universally condemned. Anyway, others said about the same thing as Bates.
Dorothy: I'm not interested in your clueless opinions from an alternate universe. Why don't you do what I do - comment on Bonner's column or comment on those posts you agree with. Of course, in your case, you'll find very few that are anywhere near your leftwing viewpoints. So, did you believe Biden when he said he would not consider pardoning his son? All the leftwing news media gushed over how Biden respects the law and Constitution for promising he wouldn't pardon Hunter, while Trump does not. Most of us on the "right" knew he was lying, but not on the left. It's comical seeing all the playbacks of the video where leftwing media praised Biden. Did you swallow whole the Russian Collusion hoax, the COVID lies that the vaccine would stop the spread, and all the other stuff? I could go on and on. I don't need any lectures from you - you are clueless. Go bother someone else with your incomprehensibly ignorant comments.
JPG: Did I believe Biden when he said he would not consider pardoning Hunter..YES. But with Trump coming back into power, Biden knew what Trump would probably do to Hunter and made the decision to reverse his statement. By the way, I wasn’t lecturing you. I was responding to you. Clueless is you. I will respond to anyone that I want. If you don’t like it..too bad. Find another outlet to spew your comments!
Little Miss Clueless... what Trump would do to Hunter, you say? Trump had no say in it. It was in the courts! The only thing Trump could do is not pardon Hunter. That's it. But you've revealed your bias by backing Biden on this and making up an excuse for it that doesn't even make sense. As far as your comments, I thought I'd give you a hint to make your comments where they might be more appreciated. But I can't stop you from your illogical replies to me like the one above. No matter - you're just like a fly that gets in the house when you open the door. A nuisance, but in the grand scheme of things, inconsequential. I'm certainly not going elsewhere because of you. Anyone with any intelligence just reads your spittle and moves on, not even spending the time to reply. It's time for me to return to that.
Truly John, I can’t waste one second of my time replying to these demented people on this site or anywhere. They have consistently proven how mentally unstable they are and how constantly wrong they are about everything they think and do. Save your thoughts for those who matter 😊
JPG: Your illogical replies are also a nuisance. Spittle? Haven’t heard that word before. You must not be reading this blog very carefully..I get a lot of positive comments.
Well, Bill, you do make a good point about the deficits under Trump, but, as usual, you don't explain why. While I don't have the numbers, I'm assuming a lot of it was due to the "stimulus" payments due to COVID. If it weren't for that, I think Trump's deficit picture would have been much different and better. But don't get me wrong - the stimulus payments never should have been made. While Trump, to a large extent enabled Fauci, he also constantly stated that the cure can't be worse than the disease. But he approved the stimulus payments, and a lot of those went to people that didn't need it (including myself). That being said, the inflation resulting from that would have been muted compared to what we got under Biden because Trump was/is a pro-production/pro-energy president while Biden is the opposite. Also, Trump's stimulus payments also opened the door for the socialist Democrats to do more of the same, and devoid of any free-market policies to offset the money creation, inflation took off. So, while Trump made this crucial mistake, the Democrats doubled down with their socialist agenda to make things much worse.
Your comment that the trajectory of our economy would be the same under Kamala and Trump is ludicrous on the face of it.
To add a bit more beef to the endless repetitions of Mr. Bonners adoration towards Mr. Trump:
Interest paid on national debt compared to income tax:
"Under the Biden regime - net interest on the federal debt has gone from consuming 20% to just under HALF of all income taxes for the first month of each fiscal year!"
To be exact, the figure rose from 20,6% of the income tax revenue (21) to 47.6 % now. Bravo.
Bill once again you have your facts mixed up with your hatred for the man. Really a shame, wish you would stick to investing, or at least speak factually. Total Dollar Amount:
Barack Obama (2009-2017) likely holds this record, simply due to the overall growth of the federal budget over time and his response to the Great Recession. He added significantly to the national debt during his two terms.
2. Percentage Increase in National Debt:
Franklin D. Roosevelt (1933-1945) takes the lead here, largely due to the massive spending required for World War II and the New Deal programs during the Great Depression. The national debt increased dramatically under his presidency.
3. Spending as a Percentage of GDP:
This metric considers the size of the economy. Abraham Lincoln (1861-1865) likely ranks high due to the immense costs of the Civil War. Woodrow Wilson (1913-1921) would also be a contender due to World War I spending.
Important Considerations:
Inflation: Comparing raw dollar amounts across long periods is misleading due to inflation. A dollar in 1860 is worth far more than a dollar today.
Unforeseen Circumstances: Major events like wars and economic crises necessitate increased government spending, which can significantly impact a president's fiscal record.
Congressional Approval: While the president proposes a budget, Congress ultimately controls spending. Therefore, assigning sole responsibility to a president can be an oversimplification.
Where to Find More Information:
Investopedia: Provides a good overview of U.S. debt by president in both dollar and percentage terms.
The White House: Historical data on each president's economic record can be found on the White House archives website.
U.S. Treasury: Offers detailed information on the national debt, including historical data.
Committee for a Responsible Federal Budget: This nonpartisan organization analyzes the fiscal impact of presidential policies.
In other words, get your fricken hatred for Trump out of the narrative.
Can anyone explain to me how Elon Musk has become a hero for the MAGA crowd? Musk made a fortune off the Climate Change scam with taxpayer subsidies and Carbon Tax Credits. He has openly stated he believes in Carbon Tax Credits and that one day everyone will have a brain chip. He backed Obama and Clinton in the past. He also believes that a Universal Basic Income will be necessary in the future. Just company, Tesla, is also involved in manufacturing mRNA vaccines. Great! Brain chips, carbon tax credits and basic universal income. What could possibly go wrong? Mr. Citizen, I'm sorry, but you will not be receiving your basic income check this month. Our records show have refused the Warp Speed experimental mRNA vaccine.
Yes, he is nutty but he gets valuable things done. That's why SpaceX is now launching 90% of the world's payloads into space. We may never settle Mars, but his dream is improving lives right now.
Telsa is just as impressive. Yes, man-made climate change is a hoax, but he believes it and so we now have the "greatest industrialist of our time" driving technological advancements.
You may not like Teslas, but perhaps you will be served by an Optimus robot.
But how is a man who profitted off the Climate Change hoax with taxpayer subsidies and has multiple contracts with the corrupt MIC, going to bring efficiency to government? Plus, if Elon is such a great guy, why can't he provide decent working conditions for the slaves who mine the minerals needed for EVs. I don't want one of his robots or brain chips. But I would like to see him on his spaceship going to Mars.
"I would like to see him on his spaceship going to Mars." Not sure how to take that :)
You will find that in Elon's dealing with the government, he has successfully sued for greater efficiency and saving taxpayer dollars on space launches.
He knows what a disaster the bureaucracy is because he has lived it.
I will never say he is a great guy, but he is great at what he does.
His focus on the brain chip right now is to give eyesight to people born blind and to enable cripples to have use of their legs again. You might not need it but there are others that could benefit.
The inventor of nuclear power said, I do not quote word for word but He was sorry for He knew mankind would abuse this power. Same for the chips, may be good at first but subject to abuse as a lot of man's inventions are. Used to control by the warped "elite".
Again Cartero, your bleeding heart comes out over your lack of business knowledge. If the government is going to waste billions on you, would you deny it? Just because he takes the government money, doesn’t mean he agrees with it, it’s just good business for him and his company and terrible for America. In America that’s called “Business as usual”. Now watch him correct this truth 😊
We can agree to disagree. But Trump used to agree with me about Elon Musk. Here it is: W]hether it's electric cars that don’t drive long enough, driverless cars that crash, or rocketships to nowhere, without which subsidies he’d be worthless, and telling me how he was a big Trump fan and Republican, I could have said, 'drop to your knees and beg,' and he would have done it," he wrote.
Question is why did Trump change his mind? But he changed his mind about Little Lightweight Marco Rubio too.
Is it possible that this is just a big racket with us as the chumps? Would you want to hire someone who told the whole world that you were a Con Artist like little Marco called Trump? Why did Elon change his mind about Trump after voting for Obama and Clinton? It's not possible that he knew Trump was winning so he wanted to insure his Climate Change hoax subsidies didn't end.
Would you support someone who said that you would drop to your knees and beg if he asked you? Sorry, but I would remember that for the rest of my life. Have a great day and we'll see what the future holds.
Good ol boys club and we ain't in it. Sure, if someone showered me with endless amounts of capital, I m sure I'd bring about some new advantageous way advancing some common everday use product or machinery for example,and raise average living standards. If I mess up, who cares? its not on my dime its someone elses and then multiply that. Plenty more where that came from. We are doomed and the world over, all are drinking the sane koolaid. unfortunately.
Yes P.M. but the catalysis is still B.B. I can not comment unless He starts the ball rolling.. No doubt that the comments are very alighting . I often learn a lot , leaving My small world behind.. As I enjoy your comments also!
I notice from the price graph that gold and copper(?) moved in tandem over the past decades, although not to the same degree, even during downturns and market crashes. So the divergence in the most recent past really stands out. Why the divergence?
Yes, I noticed that, too. The divergence on the graph at present is unique. Is the relationship of Hg/Au and TN10 then useless, or does it mean something? If it means something, it is something unique, but what?
Serve it up nice & pretty and they will eat? Not necessarily anymore. Savile Row has made a lot of dough over the decades by making unattractive thinkers look brilliant. I don’t know though, human nature seems unalterable.
As Tom mentions, I find contrarian angles (although not necessarily more profitable short-term and/or safe than following the flock) more insightful than putative ones. One other metal I think is in play is Ag because the newer electronics economy needs it. Finally, the stock-flow metrics matter for Au-Ag-Cu, much like money velocity does in tangent with money supply-demand.
Tired of the Trump spent so much so the Left can make them self-look better crap. I want to see the numbers of the Trump administration less the spending for COVID. That would be a good bases of what the term would have been.
Less the COVID spending? But Trump responded to a flu with lockdowns and Warped Speed experimental mRNA vaccines.He even gave Fauci an award. Isn't he responsible for that spending? Couldn't he have listened to other opinions on how to respond to a flu? The masks, mRNA vaccines and lockdowns were unnecessary. Just look at Sweden's response.
I'm trashing a man who still promotes an ineffective and dangerous vaccine for a flu. There were many scientists who spoke out against the mRNA genetic therapy. But they were silenced by ourHe w government and "free press". The Pfizer Purchaser Agreement even states that the long term of their vaccine were not known. If I knew this, why didn't Trump? Maybe he's not our savior and maybe he's not as smart as the MAGA fanboys think. Maybe George Wallace was correct when he said there's not a dime's of difference between the two parties. Maybe it's personal with me, I know of people killed and injured by his Warped Speed clot shot.
We are in agreement on many of your points. However, you are personalizing this in your grief, maybe. It wasn't Trump's vaccine - he followed the advice of the "experts" around him and do you think it would have been reasonable for him to disown the "vaccine" our "government experts" came up with? Get real.
Personally, I'd like to see him publicly admit the mistake and apologize. But that doesn't mean I lay all of the blame for the complete Charlie Foxtrot that was convid at the feet of DJT. And you shouldn't either. The drug manufacturers, DOCTORS/HOSPITALS and our shit media deserve more than the lion's share of blame and prosecutions...
I agree. It was an excellent propaganda operation. Big Pharma, the media,and both political parties did a great job scaring the public. How do you know they won't do it again? Trump's new Surgeon General said she was happy with Facebook censoring COVID alternative views.
Why is Trump still bragging about his vaccine? His right hand man Elon not only believes the mRNA shot was effective but his company is involved with manufacturing mRNA vaccines. Just keep your eyes open. It wouldn't surprise if there's another Pandemic in our future.
Cartero. I understand everything you just said. I have to ask who would take a vaccine developed in 10 months when the average vaccine takes 12 to 15 years. By June 2020 anyone did not know this was about social control was just not paying attention. Having said all this, I am very sorry for your loss.
Do you ever have anything good to say. Your doom & gloom articles are depressing. I am not saying you are wrong, I am saying that there is good in this country with exciting innovations coming in the near future. Someday I hope you find joy in your life.
I hope Trump has advisors who can help him understand that there are reasons that the BRICS, et al, want to move away from the dollar, and fixing those reasons would do far more to stem the tide than threats. Such moves as declaring that the US will allow all nations free use of the Swift system, and that US bonds and notes held by other nations, no matter how odious, will never again be frozen, much less stolen, would do much more to encourage the use of the dollar than threats of tariffs. Most countries would prefer to use the dollar for trade and savings, but the control of the dollar by the US authorities to punish others makes it much less attractive for savings or trade.
Well stated Gordon. Biden's weaponization of sanctions has hurt the dollar as a reserve currency as never before almost as if the global elites that control him want the dollar to fail.
Hey Bob, unfortunately they do. They have one job to destroy America.
Seriously????? Why would any country on earth EVER believe any promise made by the U.S. Most awake and rational Americans don't. All they are able to count on with certainty is that whatever America "promises" the opposite is going to happen in the future. The elites are solely focused on power, power, and more power and their first and only thought is WAR. And, tariffs are an act of war. The U.S. hasn't kept any promise ever. This euphoria will last into - at best - mid 2025. Debt will continue to increase, inflation will continue to rage, and the rest of the Western world will continue to shake their head in disbelief. And, I also diverge from Ol' Bill's opinion that "International Investors are loading up on U.S. assets". Maybe western leaning international investors, but the East (Russia, China, Iran, etc.) are certainly not. They continue to buy gold and silver at a torrid pace. Russia is pushing back against the U.S. war machine and showing it is if not more technologically advanced at least more than an equal. Russia is crushing Ukraine and now is active in at least Syria in the middle east against the Israel/U.S. - as is most of the rest of the World politically. China is ramping up its challenge against the U.S. in southeast Asia and will eventually take Taiwan back. The U.S. debt is out of control and our foreign policies are so arrogant to be almost laughable. The U.S. empire continues its swan song into history and a new day is coming. Trump nor his henchmen will change that.
"Trump nor his henchmen will change that." -- Ol' LSO
So you think Harris and her "henchmen" would be an improvement? If you believe that, then I have a beautiful waterfront property in Las Vegas I would love to sell you at a great price.
Everyone knows I was never a Trump fan because he was always just another NY Liberal in his past life. This man is nothing like he was and as most men never learn from their mistakes, I believe he has. Besides being a true master at the Art of the Deal, Trump had a backbone like no politician ever, and his ability to fight back against constant attacks on himself and his supporters is truly the Art of War. Exactly what America needs right now to turn the damage of decades of Woke/globalist propaganda and the destruction of our history and culture. I’m supporting this man and party 1000% now and at least have hope for the future of our children and country over the insanity, ignorance, incompetence and corruption of the democratic cult! God Bless America and those who fight for her 🙏🇺🇸🇺🇸🇺🇸
I too shared your distaste for Trump. Reading about the small contractors he screwed when his AC casinos went bankrupt turned my stomach. But why do you think he learned from his mistakes? Here's an example of not learning - he still braggs about his Warped Speed experimental mRNA vaccine even though they are neither safe nor effective. He could have appointed Dr. Ladapo as Surgeon General, the Surgeon General of Florida who called for halting the COVID vaccines. Instead he appoints another mRNA experimental vaccine cheerleader.
Agreed. Trump's not perfect but he is much better than the alternative. Plus, for the most part, he is assembling an excellent team - much better than the last time.
I've come to dislike both alternatives. To paraphrase Huey Long - no matter which party serves the meal, Wall Street Banksters are in the kitchen cooking up the grub.
As far as his team, what do you think of his Surgeon General Dr Janette Nesheiwat saying the COVID vaccines were a gift from God and praising Facebook censoring opposition to the Warped Speed vaccine?
JPG: Well, that remains to be determined. Be sure to do your due diligence and check the history of each candidate.
I know most of them already, Dorothy. I'll leave it to you to scour the leftwing media which I'm sure will report on all the bowel movements of every candidate that Trump puts forward.
JPG: Well, actually I read and listen to the leftwing and the rightwing media…you should try it. I don’t need to know each candidates bowel moments, but their background history can be very revealing.
Yes Cartero, that is business and business is business and unfortunately it happens every day. Only the strongest and smartest survive. The plandemic is on a totally different level and I only blame his lack of political intelligence for the treason that followed. That same treason was already imbedded in our government for decades prior to his presidency, and we are where we are due to those who committed the crimes, and will continue until they are brought to justice. Trump is responsible for following the insane advice, but knows those behind the curtain and his Art of War ability should be fun to watch as he hunts down these traitors and brings them to justice. Keep your friends close and your enemies closer 🤔
SL: If you think that Trump has learned anything that will make him a better President, I think you are sadly mistaken. Yes, he has the backbone but of an untrustworthy person. Hope you are not too disappointed when he is going to release all the people who are currently serving time for the 1-6 debacle aka his people…What a guy!
Why will God choose to bless America vs Canada or Brazil??
I may be more dense than the average engineer but I would appreciate it if you were to label the graphs to more easily determine which color represented which parameter
I agree with your reasoning on what makes and economy strong, Bill. I must also admit that Trump's tariffs will work only if the dollar remains the reserve currency.
On the other hand I'm just so f***ing sick of the globalist's narrative and their trying to start WWIII, etc., etc., etc. I certainly want the traitors punished. It doesn't seem to make sense of allowing traitors to destroy America since it is obvious what they are trying to do. Do we need nuclear war to understand their compulsions. At this point in this game it seems concentrating on destroying those trying to destroy the country, its constitution and our freedom is top priority. So you should either more fully explain the forces which you think will dominate and why we must move in a certain direction or jump in bed with the elites and support their control over society in the name of free trade or free speech and explain why it won't be so bad. Yes of course debt is the big problem, so what, it's been the problem for 40 years. It will most likely be the center problem in a while. It certainly isn't going away.
I think the choice is doing away with the collectivist parasites or letting them take over. Then trying to manage the debt problem without their smart, well connected, ambitious and educated contributions while they sit in jail for being violators of the US Constitution.
Well said. The Democrat party are progressive fascist NIHILISTS! They want to destroy the Constitution and our country in order to remake it in their own fascist/socialist ideal. Not all of them, but the ones that aren't never sway from voting with the far-left leaders.
So true, John. This is something that never ceases to amaze me. It's like they are living 10 years behind the times.
JPG: It isn’t the Dems who are trying to destroy the Constitution, it’s Trump. On 12-4-22 he called for the termination of the Constitution to overturn the 2020 election and reinstate him to power in a continuation of his election denialism and pushing of fringe conspiracy theories. White House spokesman Andrew Bates said that Trump’s remarks are “anathema" to the soul of our nation, and should be universally condemned. Anyway, others said about the same thing as Bates.
Dorothy: I'm not interested in your clueless opinions from an alternate universe. Why don't you do what I do - comment on Bonner's column or comment on those posts you agree with. Of course, in your case, you'll find very few that are anywhere near your leftwing viewpoints. So, did you believe Biden when he said he would not consider pardoning his son? All the leftwing news media gushed over how Biden respects the law and Constitution for promising he wouldn't pardon Hunter, while Trump does not. Most of us on the "right" knew he was lying, but not on the left. It's comical seeing all the playbacks of the video where leftwing media praised Biden. Did you swallow whole the Russian Collusion hoax, the COVID lies that the vaccine would stop the spread, and all the other stuff? I could go on and on. I don't need any lectures from you - you are clueless. Go bother someone else with your incomprehensibly ignorant comments.
JPG: Did I believe Biden when he said he would not consider pardoning Hunter..YES. But with Trump coming back into power, Biden knew what Trump would probably do to Hunter and made the decision to reverse his statement. By the way, I wasn’t lecturing you. I was responding to you. Clueless is you. I will respond to anyone that I want. If you don’t like it..too bad. Find another outlet to spew your comments!
Little Miss Clueless... what Trump would do to Hunter, you say? Trump had no say in it. It was in the courts! The only thing Trump could do is not pardon Hunter. That's it. But you've revealed your bias by backing Biden on this and making up an excuse for it that doesn't even make sense. As far as your comments, I thought I'd give you a hint to make your comments where they might be more appreciated. But I can't stop you from your illogical replies to me like the one above. No matter - you're just like a fly that gets in the house when you open the door. A nuisance, but in the grand scheme of things, inconsequential. I'm certainly not going elsewhere because of you. Anyone with any intelligence just reads your spittle and moves on, not even spending the time to reply. It's time for me to return to that.
Truly John, I can’t waste one second of my time replying to these demented people on this site or anywhere. They have consistently proven how mentally unstable they are and how constantly wrong they are about everything they think and do. Save your thoughts for those who matter 😊
JPG: Your illogical replies are also a nuisance. Spittle? Haven’t heard that word before. You must not be reading this blog very carefully..I get a lot of positive comments.
Well, Bill, you do make a good point about the deficits under Trump, but, as usual, you don't explain why. While I don't have the numbers, I'm assuming a lot of it was due to the "stimulus" payments due to COVID. If it weren't for that, I think Trump's deficit picture would have been much different and better. But don't get me wrong - the stimulus payments never should have been made. While Trump, to a large extent enabled Fauci, he also constantly stated that the cure can't be worse than the disease. But he approved the stimulus payments, and a lot of those went to people that didn't need it (including myself). That being said, the inflation resulting from that would have been muted compared to what we got under Biden because Trump was/is a pro-production/pro-energy president while Biden is the opposite. Also, Trump's stimulus payments also opened the door for the socialist Democrats to do more of the same, and devoid of any free-market policies to offset the money creation, inflation took off. So, while Trump made this crucial mistake, the Democrats doubled down with their socialist agenda to make things much worse.
Your comment that the trajectory of our economy would be the same under Kamala and Trump is ludicrous on the face of it.
TRUMPETS:
And again - "Trump increased spending more than any president in US history... and added more debt than ever before added the most debt"
Truely.fed.up.with.this.
Blame
Antony Fauci,
Blame
Francis Collins
Blame
Lancet
Blame
Peter Hotez
Blame
Stephane Bancel
Blame
Albert Bourla
Blame
Peter Daszak
Blame
Ralph Baric
Blame
DARPA
and uncountable more traitors to the health and well-being of US-Society and far beyond.
If anyone is interested to know why these figures and what´s their crime send a mail to shopping.anymore848@passinbox.com
Trump was president.
The buck stop there.
All the names you mentioned could have been thwarted by Trump, but he funded it all.
No problem if you haven't grasped the psyop.
To add a bit more beef to the endless repetitions of Mr. Bonners adoration towards Mr. Trump:
Interest paid on national debt compared to income tax:
"Under the Biden regime - net interest on the federal debt has gone from consuming 20% to just under HALF of all income taxes for the first month of each fiscal year!"
To be exact, the figure rose from 20,6% of the income tax revenue (21) to 47.6 % now. Bravo.
Beat it with your pesky FACTS.
Pudding Man Good - Orange Man Bad...
Facts are so boring.....
Although I disagree with Ayn Rand on quite many things, her statement:
"You can avoid reality but you can't avoid the consequences of reality while unfolding"
is one I sign in 💯.
Quote is off the cuff, probably not completely precise but the meaning fits.
Bill once again you have your facts mixed up with your hatred for the man. Really a shame, wish you would stick to investing, or at least speak factually. Total Dollar Amount:
Barack Obama (2009-2017) likely holds this record, simply due to the overall growth of the federal budget over time and his response to the Great Recession. He added significantly to the national debt during his two terms.
2. Percentage Increase in National Debt:
Franklin D. Roosevelt (1933-1945) takes the lead here, largely due to the massive spending required for World War II and the New Deal programs during the Great Depression. The national debt increased dramatically under his presidency.
3. Spending as a Percentage of GDP:
This metric considers the size of the economy. Abraham Lincoln (1861-1865) likely ranks high due to the immense costs of the Civil War. Woodrow Wilson (1913-1921) would also be a contender due to World War I spending.
Important Considerations:
Inflation: Comparing raw dollar amounts across long periods is misleading due to inflation. A dollar in 1860 is worth far more than a dollar today.
Unforeseen Circumstances: Major events like wars and economic crises necessitate increased government spending, which can significantly impact a president's fiscal record.
Congressional Approval: While the president proposes a budget, Congress ultimately controls spending. Therefore, assigning sole responsibility to a president can be an oversimplification.
Where to Find More Information:
Investopedia: Provides a good overview of U.S. debt by president in both dollar and percentage terms.
The White House: Historical data on each president's economic record can be found on the White House archives website.
U.S. Treasury: Offers detailed information on the national debt, including historical data.
Committee for a Responsible Federal Budget: This nonpartisan organization analyzes the fiscal impact of presidential policies.
In other words, get your fricken hatred for Trump out of the narrative.
Can anyone explain to me how Elon Musk has become a hero for the MAGA crowd? Musk made a fortune off the Climate Change scam with taxpayer subsidies and Carbon Tax Credits. He has openly stated he believes in Carbon Tax Credits and that one day everyone will have a brain chip. He backed Obama and Clinton in the past. He also believes that a Universal Basic Income will be necessary in the future. Just company, Tesla, is also involved in manufacturing mRNA vaccines. Great! Brain chips, carbon tax credits and basic universal income. What could possibly go wrong? Mr. Citizen, I'm sorry, but you will not be receiving your basic income check this month. Our records show have refused the Warp Speed experimental mRNA vaccine.
Read Musk's recent biography.
Yes, he is nutty but he gets valuable things done. That's why SpaceX is now launching 90% of the world's payloads into space. We may never settle Mars, but his dream is improving lives right now.
Telsa is just as impressive. Yes, man-made climate change is a hoax, but he believes it and so we now have the "greatest industrialist of our time" driving technological advancements.
You may not like Teslas, but perhaps you will be served by an Optimus robot.
But how is a man who profitted off the Climate Change hoax with taxpayer subsidies and has multiple contracts with the corrupt MIC, going to bring efficiency to government? Plus, if Elon is such a great guy, why can't he provide decent working conditions for the slaves who mine the minerals needed for EVs. I don't want one of his robots or brain chips. But I would like to see him on his spaceship going to Mars.
"I would like to see him on his spaceship going to Mars." Not sure how to take that :)
You will find that in Elon's dealing with the government, he has successfully sued for greater efficiency and saving taxpayer dollars on space launches.
He knows what a disaster the bureaucracy is because he has lived it.
I will never say he is a great guy, but he is great at what he does.
His focus on the brain chip right now is to give eyesight to people born blind and to enable cripples to have use of their legs again. You might not need it but there are others that could benefit.
The inventor of nuclear power said, I do not quote word for word but He was sorry for He knew mankind would abuse this power. Same for the chips, may be good at first but subject to abuse as a lot of man's inventions are. Used to control by the warped "elite".
Again Cartero, your bleeding heart comes out over your lack of business knowledge. If the government is going to waste billions on you, would you deny it? Just because he takes the government money, doesn’t mean he agrees with it, it’s just good business for him and his company and terrible for America. In America that’s called “Business as usual”. Now watch him correct this truth 😊
We can agree to disagree. But Trump used to agree with me about Elon Musk. Here it is: W]hether it's electric cars that don’t drive long enough, driverless cars that crash, or rocketships to nowhere, without which subsidies he’d be worthless, and telling me how he was a big Trump fan and Republican, I could have said, 'drop to your knees and beg,' and he would have done it," he wrote.
Question is why did Trump change his mind? But he changed his mind about Little Lightweight Marco Rubio too.
Is it possible that this is just a big racket with us as the chumps? Would you want to hire someone who told the whole world that you were a Con Artist like little Marco called Trump? Why did Elon change his mind about Trump after voting for Obama and Clinton? It's not possible that he knew Trump was winning so he wanted to insure his Climate Change hoax subsidies didn't end.
Would you support someone who said that you would drop to your knees and beg if he asked you? Sorry, but I would remember that for the rest of my life. Have a great day and we'll see what the future holds.
I understand brother, but we can still hope🙏 and all I can say is Kamala Harris and all seems so good right now😊
Good ol boys club and we ain't in it. Sure, if someone showered me with endless amounts of capital, I m sure I'd bring about some new advantageous way advancing some common everday use product or machinery for example,and raise average living standards. If I mess up, who cares? its not on my dime its someone elses and then multiply that. Plenty more where that came from. We are doomed and the world over, all are drinking the sane koolaid. unfortunately.
All true, but also:
F-R-E-E S-P-E-E-C-H...
It's getting to the point where I skip the lecture, Um I mean essay, and go directly to the comments. Thanks, everybody. Best always. PM
Yes P.M. but the catalysis is still B.B. I can not comment unless He starts the ball rolling.. No doubt that the comments are very alighting . I often learn a lot , leaving My small world behind.. As I enjoy your comments also!
The comments are very entertaining
I notice from the price graph that gold and copper(?) moved in tandem over the past decades, although not to the same degree, even during downturns and market crashes. So the divergence in the most recent past really stands out. Why the divergence?
Good catch KDS. My inquiries came up with this…
A weakness or divergence in the copper/gold ratio can indicate a growing risk of recession.
Copper as an industrial metal, tends to perform well in strong economies.
Gold, a safe-haven asset, rises in times of uncertainty or economic weakness.
A declining ratio suggests investors are favoring gold over copper, implying a less optimistic economic outlook
Regards,
Mark
Yes, I noticed that, too. The divergence on the graph at present is unique. Is the relationship of Hg/Au and TN10 then useless, or does it mean something? If it means something, it is something unique, but what?
See my thought comment to KDS
Serve it up nice & pretty and they will eat? Not necessarily anymore. Savile Row has made a lot of dough over the decades by making unattractive thinkers look brilliant. I don’t know though, human nature seems unalterable.
As Tom mentions, I find contrarian angles (although not necessarily more profitable short-term and/or safe than following the flock) more insightful than putative ones. One other metal I think is in play is Ag because the newer electronics economy needs it. Finally, the stock-flow metrics matter for Au-Ag-Cu, much like money velocity does in tangent with money supply-demand.
Tired of the Trump spent so much so the Left can make them self-look better crap. I want to see the numbers of the Trump administration less the spending for COVID. That would be a good bases of what the term would have been.
Less the COVID spending? But Trump responded to a flu with lockdowns and Warped Speed experimental mRNA vaccines.He even gave Fauci an award. Isn't he responsible for that spending? Couldn't he have listened to other opinions on how to respond to a flu? The masks, mRNA vaccines and lockdowns were unnecessary. Just look at Sweden's response.
Cartero, you are trashing a man for bumping into the furniture in the dark - while the house appeared to be on fire.
C'mon man...
I'm trashing a man who still promotes an ineffective and dangerous vaccine for a flu. There were many scientists who spoke out against the mRNA genetic therapy. But they were silenced by ourHe w government and "free press". The Pfizer Purchaser Agreement even states that the long term of their vaccine were not known. If I knew this, why didn't Trump? Maybe he's not our savior and maybe he's not as smart as the MAGA fanboys think. Maybe George Wallace was correct when he said there's not a dime's of difference between the two parties. Maybe it's personal with me, I know of people killed and injured by his Warped Speed clot shot.
We are in agreement on many of your points. However, you are personalizing this in your grief, maybe. It wasn't Trump's vaccine - he followed the advice of the "experts" around him and do you think it would have been reasonable for him to disown the "vaccine" our "government experts" came up with? Get real.
Personally, I'd like to see him publicly admit the mistake and apologize. But that doesn't mean I lay all of the blame for the complete Charlie Foxtrot that was convid at the feet of DJT. And you shouldn't either. The drug manufacturers, DOCTORS/HOSPITALS and our shit media deserve more than the lion's share of blame and prosecutions...
I agree. It was an excellent propaganda operation. Big Pharma, the media,and both political parties did a great job scaring the public. How do you know they won't do it again? Trump's new Surgeon General said she was happy with Facebook censoring COVID alternative views.
Why is Trump still bragging about his vaccine? His right hand man Elon not only believes the mRNA shot was effective but his company is involved with manufacturing mRNA vaccines. Just keep your eyes open. It wouldn't surprise if there's another Pandemic in our future.
The day Trump apologizes for anything the world may stop
Cartero. I understand everything you just said. I have to ask who would take a vaccine developed in 10 months when the average vaccine takes 12 to 15 years. By June 2020 anyone did not know this was about social control was just not paying attention. Having said all this, I am very sorry for your loss.
My point exactly in my post, but Trump was wrong to approve stimulus payments.
WHAT A NUT YOU HAVE BECOME!! YOUR BROKEN RECORD JIBERISH is very old.
RALPH W.
Do you ever have anything good to say. Your doom & gloom articles are depressing. I am not saying you are wrong, I am saying that there is good in this country with exciting innovations coming in the near future. Someday I hope you find joy in your life.