Sunday, August 12, 2018

The GOP and Trump Bringing 1984 To America...





Friday, August 3, 2018

As Trump and HIS Party Grow the National Debt and Embrace Deficit Spending On Steriods...

The Trump administration is headed for a gigantic debt headache

  • Debt levels are piling up in the government, pushing borrowing costs higher.
  • The Treasury Department announced Wednesday that it will be increasing the size of its auctions to help pay for burgeoning budget deficits.
  • While the Trump administration has said that economic growth would make up for shortfalls from tax cuts and spending increases, the early results do not bear that out.

Swelling government debt levels are shaping up to be the biggest economic challenge for President Donald Trump, a problem that could spill into the stock market.

This week's Treasury Department announcement that it would have to increase the amount of bond auctions over the next three months was a low-key reminder that the government IOU is only getting bigger and will start influencing interest rates sooner rather than later.

The total U.S. debt just passed the $21.3 trillion mark, of which $15.6 trillion is owed by the public. The Treasury announced Wednesday that it will be adding $1 billion each to auctions of 2-, 3- and 5-year debt over the next three months, and $1 billion each for 7- and 10-year note and 30-year bond auctions in August. In addition, the department is issuing a new two-month note to help assure liquidity in the fixed income market.

The changes will add $30 billion to the debt issuance for the quarter. On the overall, the Treasury said it expects to borrow $769 billion in the second half of the year, a projected 63 percent increase from 2017.

Over the short term, the debt issue likely will be superseded by other news, particularly the strong burst of growth and the tariff battles the U.S. has launched against its trading partners around the world. Ironically, the Trump administration has promised that breakout economic performance will help take care of the rising debt load brought on by tax cuts and higher spending, but the early results don't seem to bear those hopes out.

"Booming economic growth has not been sufficient to lower the budget deficit — in fact, the deficit and Treasury borrowing are headed sharply higher, and virtually no one in Washington seems to care," Greg Valliere, chief global strategist at Horizon Investments, said in his daily note Thursday.

Indeed, the Congressional Budget Office projects the deficit to be just a shade under $1 trillion in 2019 and then pass that level in 2020 and eclipse $1.5 trillion by 2028. The cost to finance all that debt has continued to grow, hitting $458 billion in fiscal 2017 and already at $415 billion in 2018 with three months left in the fiscal year.
Revenue receipts, meanwhile, are lagging.

Tax and withholding payments from individuals and corporations have come in at $1.752 trillion in calendar 2018, about $17 billion below the same point in 2017, a difference of about 1 percent, according to DataTrek Research. That's also below the 0.2 percent gain in revenue the government had projected.

The party of fiscal restraint and responsibility is hard at work showing us exactly how that works.

In the meantime prepare for higher deficits, a spiraling national debt load, and Trump, along with the conservative republican party, explaining how it's all President Obama's fault.

Sunday, July 22, 2018

History fortold the coming of Trump...

2,060 years ago



226 years ago



h/t Infidel 753


As the Trump cult like base, which is predominately conservatives, Evangelicals, and republicans circle their wagons around their totally self absorbed and narcissistic leader the rest of the nation is well aware of the truth in the quotes above.

America has a choice to make in 2018 and 2020. Either to recognize the threat from within and cut it off completely at the ballet box or, prepare for an America that no longer represents our founding principles and indeed will be in direct conflict with freedom and individual liberty.

The choice is ours. Responsibility rests with us. The Real and True Patriotic Americans.

Do we have the cojones to Take Back America from the cons whose desire is to limit liberty to conform with their myopic and religionist vision of what liberty means?

Thursday, July 19, 2018

Understanding Conservatives...

The truth about conservatives

Conservatives tend to focus on the negative


Conservatives have a stronger physiological response to threat


Conservatives fear new experiences


Conservatives’ brains are more reactive to fear

Click Here To Find Out Why