
David Stockman on Why the Biden/Dem $3.5 Trillion Spending Plan Is Worse Than You Think
• https://internationalman.com, by David StockmanEvery now and then Sleepy Joe channels reality, accidentally or otherwise, and did so recently in spades.
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Every now and then Sleepy Joe channels reality, accidentally or otherwise, and did so recently in spades.
Much has been made lately of the possibility of minting a trillion dollar coin to avoid Congressional gridlock surrounding the increase of the debt ceiling.
A review of Bloomberg's government spend report with some interesting characters to highlight
There's no need to worry about the US defaulting on its debt – for the moment, at least. People already get handsomely paid to do that. Most of them have an interest in driving it upwards.
Producing a trillion-dollar Eagle would require only the denomination to be changed. "This could be quickly executed on the existing plaster mold of the Platinum Eagle," says Diehl. Then an automated process would transfer the new design to a plastic
Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It'll Weigh Down the Economy for Years
Former member of the Trilateral Commission and Biden's top lieutenant is scrambling to save Biden's agenda – or is it Rice's agenda on behalf of her Great Reset handlers?
This week, President Joe Biden made the incredible statement -- sycophantically repeated by the press -- that his $3.5 trillion budget bill, which includes major spending initiatives on everything from climate change to Medicare, would be "free."
Congress AVOIDS a government shutdown after House passed bill to continue funding until December 3
Update (2330ET): House Democrats called off a Thursday night vote on the $1.2 trillion infrastructure package after the Progressive Caucus was unconvinced by leadership's proposed 'bicameral framework' to move forward on the legislation.
On Monday, Senate Republicans blocked legislation to raise the debt ceiling and allow the US to avoid an impending government shutdown and possible default.
Tim, Ian, and Lydia join founder of the Liminal Order, podcaster and commentator Jack Murphy and Seamus Coughlin of FreedomToons to explore Biden's vax mandate, and how he plans to punish companies - and make it law by smuggling it into the Dems' bud
Though it is unclear how such an executive action would work, Pelosi indicated that Democrats were considering it...
Once again, Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen will deliver testimony to the Senate Banking Committee Tuesday (followed one day later by testimony to the House Financial Services Committee) - testimony that's mandated as
--That "Must Pass" Next week is going to either be a massive victory for Congressional Democrats, or a deflating defeat which will send the Hill into chaos.
Democrats on Thursday are panicking over the impending debt default and shutdown of the federal government with no backup plan in sight.
...debt bomb contagion will spread globally
...As Goldman Warns Of Shutdown "Collision Course"
...As World's Richest Banker Says China's "Lehman Moment" Has Arrived
...if debt ceiling isn't raised. For Americans concerned about the future of the country under the Biden regime, Treasury Secretary Janet Yellen just engaged in an unusual bit of honesty: Be very afraid.
The United States could default on its debt sometime in October if Congress does not take action to raise or suspend the debt limit, Treasury Secretary Janet L. Yellen warned on Wednesday.
"I spent most of my time being a high-class muscle-man for Big Business, for Wall Street and for the Bankers. In short, I was a racketeer, a gangster for capitalism." – Major General Smedley Darlington Butler (1881-1940) in his book "War is a
One phrase describes the Fed's pillaging of the nation to benefit the few at the expense of the many: abuse of power.
The Senate approved the $1-trillion infrastructure bill on August 10, in a 69-30 vote, to fund roads and bridges, broadband internet, public transit and electric utilities. The bill now moves to the House for a vote. A separate-but-complementary $3.5
The Biden administration has approved a significant and permanent increase in the levels of food stamp assistance available to needy families--the largest single increase in the program's history.
The Biden administration has approved the largest increase to food assistance benefits in the history of the Supplemental Nutrition Assistance Program, a move that will substantially retool the program to provide the targeted assistance advocates hav
When everything (except infrastructure) is considered "infrastructure," politicians are basically saying that they're going to take your money, and they can make up any excuse that they want to do so. The role of government must be seriously reconsid
US officials are telling the press that Kabul will fall to the Taliban within 90 days and perhaps within the month as US troops withdraw from the war-torn nation.
The last thing America needs is a $1.2 trillion Washington infrastructure boondoggle, festooned with pork, waste and the usurpation of virtually every other institution's proper function.
The July Consumer Price Index (CPI) data came out this week.