Kudos to Trump

[hopefultiger13]

As you know, I'm no fan (to put it mildly). But I'm also a big believer in giving credit where credit is due.

Trump freaking balled out by meeting with the Dems and cutting a deal on Hurricane relief and avoiding a government shutdown. This would have been tricky (the government shutdown part, not the relief) with the former Tea Party absolutely never voting yes to anything without spending cuts that they weren't going to get.

Most Republicans were going to vote with the President, but not enough to get a majority. With (most) Dems on board, this critical legislation has ALREADY passed in the Senate after < 1 day, and will be a shoe in to do the same in the House.

Even though I was (and still am) seriously concerned after the election, I was hoping that I was wrong about Trump and he would do exactly like he did yesterday... meet with people make a deal that everyone can live with and move on...

 

[blythewood tigers]

As you know, I'm no fan (to put it mildly). But I'm also a big believer in giving credit where credit is due.

Trump freaking balled out by meeting with the Dems and cutting a deal on Hurricane relief and avoiding a government shutdown. This would have been tricky (the government shutdown part, not the relief) with the former Tea Party absolutely never voting yes to anything without spending cuts that they weren't going to get.

Most Republicans were going to vote with the President, but not enough to get a majority. With (most) Dems on board, this critical legislation has ALREADY passed in the Senate after < 1 day, and will be a shoe in to do the same in the House.

Even though I was (and still am) seriously concerned after the election, I was hoping that I was wrong about Trump and he would do exactly like he did yesterday... meet with people make a deal that everyone can live with and move on...

"Government shutdown"....... LMFAO!

I swear, whoever came up with this term is a genius! Every time I hear this, I can't help but imagine all the poor souls sitting around, staring at their TV's, twiddling their thumbs with anxiety, just waiting to hear the "good" news that their local tax collector will still have a job tomorrow. Wheew! That was a close call, what good news that is..... right!

Get one thing reconciled in your head before you get "seriously concerned" again, the government is 100% broke, defunct, inside out, you name it. There is no such thing as "spending cuts". A spending cut doesn't exist unless you are referring to cutting a "future" unknown expenditure, i.e. something that hasn't happened yet.

When our government most recently defaulted (1971), since that year, it has no longer functioned using normal accounting practices (it was actually earlier, in the 1940's when it started), accounting that you and I have to use in order to make ends meet at home or at work. You are witnessing nothing more than a dog and pony show, two "opposing" forces (Dems, Rep.), pretending to "compromise" over who gets to spend "money" on what.

The only TRUE thing that has happened since 1971 is the extreme expansion of credit/government and the simultaneous drop in real savings/production. Compromise? I got a different word for this, I call this bullsh*t.

 

[hopefultiger13]

"Government shutdown"....... LMFAO!

I swear, whoever came up with this term is a genius! Every time I hear this, I can't help but imagine all the poor souls sitting around, staring at their TV's, twiddling their thumbs with anxiety, just waiting to hear the "good" news that their local tax collector will still have a job tomorrow. Wheew! That was a close call, what good news that is..... right!

Get one thing reconciled in your head before you get "seriously concerned" again, the government is 100% broke, defunct, inside out, you name it. There is no such thing as "spending cuts". A spending cut doesn't exist unless you are referring to cutting a "future" unknown expenditure, i.e. something that hasn't happened yet.

When our government most recently defaulted (1971), since that year, it has no longer functioned using normal accounting practices (it was actually earlier, in the 1940's when it started), accounting that you and I have to use in order to make ends meet at home or at work. You are witnessing nothing more than a dog and pony show, two "opposing" forces (Dems, Rep.), pretending to "compromise" over who gets to spend "money" on what.

The only TRUE thing that has happened since 1971 is the extreme expansion of credit/government and the simultaneous drop in real savings/production. Compromise? I got a different word for this, I call this bullsh*t.

You mad bro?

All I'm saying is that finally, Trump made a deal that would get some legislation passed and enable the country to continue to pay bills. That's it... But preach on!

 

[blythewood tigers]

You mad bro?

All I'm saying is that finally, Trump made a deal that would get some legislation passed and enable the country to continue to pay bills. That's it... But preach on!

I am not mad at all, only amazed as to how long this false impression of our governments continues. The fallacy in your statement is this. You say, "get some legislation passed and enable the country to continue to pay bills". This is 100% backwards. This country CAN'T pay its bills, that's why it has to pass this so-called legislation, i.e. raise the debt ceiling. Our government has to borrow BORROW more "money" (really another advance in more credit).

We have just soared past 20 TRILLION dollars, now Trump wants to do away with the debt "ceiling", as if this was some kind of wall containing government spending.... yeah right!

 

[hopefultiger13]

And defaulting on our bills helps how?

I'm all for less spending... I'm not sure how all the foreign aid is helping us for instance, as well as the entitlement programs we have in place. I'd be in favor of a balanced budget amendment.

But any sign of progress with our stalled political system is a positive.

 

[blythewood tigers]

And defaulting on our bills helps how?

I'm all for less spending... I'm not sure how all the foreign aid is helping us for instance, as well as the entitlement programs we have in place. I'd be in favor of a balanced budget amendment.

But any sign of progress with our stalled political system is a positive.

There is no such thing as a "balanced budget" amendment, and that was WITH a so-called "debt ceiling" in place. Just imagine what our trade balance/debt is going to be now that we don't have this "debt ceiling" as a pretext to less spending, both sides of the aisle can now BOTH get a blank check(s) for their respective pet projects.

You are asking me a question about the US "defaulting" on our bills, as if we have somehow we have been able to pay our bills for the last however many decades? Our you being serious or are you just trolling me? On the serious side, we have been defaulting on our bills since before I was born, and I am almost 50 now. Borrowing does not = paying for, they are not the same thing. One is a future commitment and the latter is present time. The future commitments are beyond comprehension and will NEVER be paid for because our currency is designed to never allow this to happen, i.e. interest owed is inherent (built into) upon its creation.

The current architecture of our government allows for only exponentially more spending. It is monetarily impossible for "less spending", as you stated. There are only 3 ways to end a fiat currency cycle. One, is a debt jubilee. Second, is to default. Third, is to go to war and basically cause #1 and #2 by force.