One, Big Beautiful Bill (The Mega-Bill)

[Anti Federalist]

 

[Anti Federalist]

How accurate was I predicting just when Trump would be crowned dictator?

I feel certain that it'll be within our remaining lifetime. That's all I got.

OK, fair enough.

 

[Madison320]

Fair enough.

Give me an ETA.

A best guess is sufficient, there should be enough data for that.

Don't get me wrong, I agree, we're broke, no doubt about it. I just don't think that the reckoning will come from that direction.

I'd say within 5 years assuming the spending continues on the current trend.

 

[nikcers]

We're doing amazing the same way someone who's exhausted 80% of their credit limit is doing amazing.

And that someone doesn't even have a real job

The USA has crippled their major geopolitical adversarys without firing a shot.

If we lose the "world trade war" it would be equivalent to losing a world war.

The only thing that matters in a trade war is power. Power Trumps money.

"When money speaks, truth goes silent, and when power speaks, even money takes three steps back"

 

[Anti Federalist]

I'd say within 5 years assuming the spending continues on the current trend.

Ok, fair enough.

I'd only add that we're almost 20 years into this forum now, and I can recall hundreds of posters saying the same thing back in 2008.

But we're going to see I suppose.

 

[acptulsa]

I'd say within 5 years assuming the spending continues on the current trend.

I think the big difference now is they're no longer trying to kick the can down the road. They clearly have their CBDC and their social credit system in place, so they now want the FRN to collapse. Especially since, one, it allows them to play with what they're printing, and two, it's destroying the middle class completely.

 

[acptulsa]

Ok, fair enough.

I'd only add that we're almost 20 years into this forum now, and I can recall hundreds of posters saying the same thing back in 2008.

But we're going to see I suppose.

I honestly think they're as surprised how resilient it is as we are.

 

[Madison320]

Ok, fair enough.

I'd only add that we're almost 20 years into this forum now, and I can recall hundreds of posters saying the same thing back in 2008.

But we're going to see I suppose.

I think one difference is that back in 2008, we were expecting the markets to anticipate the bankruptcy and cause the dollar to crash, but they didn't. But now we're running into an actual, physical brick wall, which is the interest on the debt.

 

[nikcers]

I think one difference is that back in 2008, we were expecting the markets to anticipate the bankruptcy and cause the dollar to crash, but they didn't. But now we're running into an actual, physical brick wall, which is the interest on the debt.

Interest on the debt has no basis on economic reality.

All it serves to do is allow the economy to grow without causing prices to go up.

If the money you borrow is borrowed from yourself then paying yourself back doesn't hurt yourself.

This has in fact insulated the US economy from foreign adversary countries.

 

[nikcers]

Ok, fair enough.

I'd only add that we're almost 20 years into this forum now, and I can recall hundreds of posters saying the same thing back in 2008.

But we're going to see I suppose.

The USA has effectively created an economic quagmire where its biggest trading partner is itself.

Which if you were an isolated country that doesn't do global trade that would be a bad thing.

Instead what it does is it means the USA has to come first in any trade deals with other countries.

Otherwise any potential trade with other countries becomes unprofitable trade and every dollar you receive means you lose 2 dollars.

If the US dollar wasnt embedded with other countries and their economy with a history of being fiscally market and trade based then it would harm our business if trade with other countries was bad for business.

Instead what it means is that other countries have to trade with our country and it has to be trade that is atleast beneficial to the United States economy.

Every bad deal they do with us hurts them twice as much as it hurts us.

Now you might ask yourself why doesnt the other country just walk away and trade with someone else instead of us?

There is nowhere else they can go to get a better deal.

You might ask yourself then if they lost the poker game because they went all in why dont they just pull a gun on us?

The United States has all the guns.

 

[CaptUSA]

The USA has effectively created an economic quagmire where its biggest trading partner is itself.

Which if you were an isolated country that doesn't do global trade that would be a bad thing.

Instead what it does is it means the USA has to come first in any trade deals with other countries.

Otherwise any potential trade with other countries becomes unprofitable trade and every dollar you receive means you lose 2 dollars.

If the US dollar wasnt embedded with other countries and their economy with a history of being fiscally market and trade based then it would harm our business if trade with other countries was bad for business.

Instead what it means is that other countries have to trade with our country and it has to be trade that is atleast beneficial to the United States economy.

Every bad deal they do with us hurts them twice as much as it hurts us.

Now you might ask yourself why doesnt the other country just walk away and trade with someone else instead of us?

There is nowhere else they can go to get a better deal.

You might ask yourself then if they lost the poker game because they went all in why dont they just pull a gun on us?

The United States has all the guns.

 

[nikcers]

Being self reliant and independent is part of our historic culture.

Calling it communism is cultural appropriation.

 

[Madison320]

Interest on the debt has no basis on economic reality.

All it serves to do is allow the economy to grow without causing prices to go up.

If the money you borrow is borrowed from yourself then paying yourself back doesn't hurt yourself.

This has in fact insulated the US economy from foreign adversary countries.

Phew! I was worried for nothing.

 

[nikcers]

Phew! I was worried for nothing.

Worried for nothing? Certainly not for nothing.

There was certainly a chance that we would have lost the trade war and then we would have been wiped out and slaves.

The fact that we were suckered into becoming entangled in other national governments meant getting out of it was never a sure thing.

Only Providence has shined on our nation to truly bring us independence this July 4th.

 

[nikcers]

independence:

1. A state of being not dependent; complete exemption from control, or the power of others; as the independence of the Supreme Being.

2. A state in which a person does not rely on others for subsistence; ability to support one’s self.

 

[acptulsa]

 

[nikcers]

The best part about it is if they even try to escape the "prison" they are in they will get eaten by alligators.

The USA has the strongest border security measures in place.

There's no switching nationalities to get out of the bad deal your government has put you in.

If you want to buy yourself out of it you will have to pay the piper and buy a Trump card.

 

[Occam's Banana]

This one's on me guys I didn't vote hard enough. My bad let this one slip

Did you turbocharge your vote with strategically targeted SWLODs?

If you didn't, that might be the problem.

(SWLODs are the MIRVs for your votes' ICBMs.)

 

[Snowball]

We need a Constitutional Amendment declaring that the Federal government cannot incur debt and pass debts to the public.

There is never, EVER, any profitable reason for this Federal "government" - which is really supposed to be a mere assembly of
constituent state governments (under the truly American Articles of Confederation) to BORROW FAKE MONEY from FOREIGN BANKS.

At least in the Civil War days, we had more sense, financially anyway. The Greenbacks were a GENIUS idea because they incurred NO DEBT.

Confidence was so HIGH in the Greenback (United States Notes) that they were roughly on par with gold... eventually, they became
totally on par with gold, and they were Constitutional Money.

This is the same path out of the whole mess. Why does nobody ever talk about it, especially when there is historical precedent?

Issue United States Notes. Pay off all Federal Debt with the USN's. Same as when USD's overtook Demand Notes in 1862.

Prohibit the US Gov from EVER borrowing money again via Constitutional Amendment. There is never a conceivable reason for the Federal assembled body to borrow money. In the event of a lack of liquidity, it may inject USD's that must be recognized as Legal Tender.

It is the enforcer of authority. It makes the LAW.

Problem Solved. Just like in the 1860's. No Debt. No Federal Reserve. No more of this bullcrap.

 

[Occam's Banana]