Article

2016-09-02 Government

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2016-09-02 00:00|| || Front Page|| [11128 views ] Top

#1 I'll bet dollars to Donuts it's way way more than that.

Posted by gorb 2016-09-02 01:33|| 2016-09-02 01:33|| Front Page Top

#2 I bet that, if Hillary elected, we all be nostalgic for Obama.

Posted by g(r)omgoru 2016-09-02 05:10|| 2016-09-02 05:10|| Front Page Top

#3 Of bigger concern is the nearly 100 trillion in unfunded and unfundable public retirement plans.

Posted by no mo uro 2016-09-02 05:37|| 2016-09-02 05:37|| Front Page Top

#4 20 trillion by January. 40 trillion in eight years if Hillary gets in.

Posted by Cheaderhead 2016-09-02 06:06|| 2016-09-02 06:06|| Front Page Top

#5 Meanwhile the Federal Gov't continues to pressure the Fed banking system to keep interest rates low. Any elevation will throw the federal budget interest payment expenditures ($283b - 7% of budget) into absolute chaos.

The gov't long ago went into the business of borrowing money and paying handsome returns in order to support their schemes. They've since put the banks out of business and stifled personal investment and the economy.

None of this is likely to end well.

Posted by Besoeker 2016-09-02 06:37|| 2016-09-02 06:37|| Front Page Top

#6 The central Bank marxists have been manipulating interest rates below the natural risk rates.
They did this to destroy banks.
There is no way on earth the natural market balance between savers and borrowers has interest rates at ~0%.
It's a total joke.

THERE IS NO MARKET.

Posted by Bright Pebbles 2016-09-02 06:42|| 2016-09-02 06:42|| Front Page Top

#7 Well BP, you're referencing 'Central Marxists' and I'm talking about the Obama regime. The two are synonymous

Posted by Besoeker 2016-09-02 06:47|| 2016-09-02 06:47|| Front Page Top

#8 Don't forget the Ministry of Truth reporting of 'real' inflation. If it wasn't for frackers, we and the economy would already be hammered the tax known as inflation. If you're rich and connected you're protected by the Fed and Treasury along with your bought and paid for Congresscritter*. If you're middle or working class, you're screwed.

*"Tax the rich", but create a Byzantine tax system in which they get to protect their assets and income. See - kabuki theater

Posted by Procopius2k 2016-09-02 08:10|| 2016-09-02 08:10|| Front Page Top

#9 Another Cloward-Pivens, Saul Alinsky success for Obama in his goal of collapsing the system. Hillary will be Obama on steroids. People vote for a lot of stupid reasons such as it would be cool to elect the first black POTUS or first womyn POTUS--no matter that such people are intent on destroying the country or feathering their own pockets. It strikes me as sophomoric to do that--kind of like electing a guy for homecoming queen or a dog for student body president such as was done in the late '60s and early '70s in some universities as a protest of the cause du jour--it's juvenile and irresponsible.

Posted by JohnQC 2016-09-02 09:39|| 2016-09-02 09:39|| Front Page Top

#10 I read a letter to the editor in our local newspaper where the woman came up with the following non sequitur: "I read 50 magazines a month, and I think Hillary Clinton is the way to go." As they say, "You can't fix stupid."

Posted by JohnQC 2016-09-02 09:44|| 2016-09-02 09:44|| Front Page Top

#11 "Tax the rich", but create a Byzantine tax system in which they get to protect their assets and income. See - kabuki theater

The rich will pay up to about 25% tax, as I recall. Raise it higher than that, and they can afford to adjust their investments so that their net tax after deductions falls back to that point.

Posted by trailing wife 2016-09-02 10:13|| 2016-09-02 10:13|| Front Page Top

#12 As I recall from the famous "bet me" debate of Romney and Perry, Mitt announced his rate at a 'standard' of 15%.

Posted by Skidmark 2016-09-02 10:25|| 2016-09-02 10:25|| Front Page Top

#13 And neither candidate thinks this is even worth discussing, ensuring it will get much worse.

Posted by AuburnTom 2016-09-02 11:06|| 2016-09-02 11:06|| Front Page Top

#14 Try $21T

Posted by newc 2016-09-02 22:44|| 2016-09-02 22:44|| Front Page Top

#15 Hillary will have completely ignorant illegals voting for her in November because they were told "Free Stuff"!

Posted by Wizski 2016-09-02 23:32|| 2016-09-02 23:32|| Front Page Top

23:32 Wizski
23:25 Wizski
22:44 newc
22:30 SteveS
22:07 Blossom Unains5562
21:37 Procopius2k
21:22 Mullah Richard
21:00 SteveS
20:46 Rob Crawford
20:36 Abu Uluque
20:28 Snakes de Medici4284
20:12 swksvolFF
20:11 swksvolFF
19:58 Glenmore
19:54 swksvolFF
19:31 swksvolFF
18:39 Besoeker
18:30 Whiskey Mike
18:30 swksvolFF
18:17 swksvolFF
18:17 JohnQC
17:44 Warthog
17:39 Crusader
17:21 SteveS