Skip to comments.Rand Paul: 'We Have No Money. There's No Rainy Day Fund, There's No Savings Account'
Posted on 07/15/2020 5:50:23 PM PDT by RandFan
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He is right on this.
I wish he and the few other people who actually grasp this had been as vocal when the give-away insanity began in the first place.
And everyone who just couldn’t wait until they got their ‘free government money’ a couple months ago is just as complicit in destroying the economic future of this nation as GWB and 0bama did with their ‘bailouts’ and ‘quanitative easing’.
When Rand Paul is right, hes really right
I believe we just ran out of Other People's Money, and like my ex, Nan thinks that as long as she has checks in the check book, she still has money...
Realistically, that $1200 was taking the change out of the dead man’s pockets
So say those that lost their jobs due to this virus fake pandemic.
Democrats do rotten things. The swamp does rotten things. Really, really rotten things. Trillions of rotten things. Glad I'm old; the future isn't looking pretty.
Apparently you can just make more money whenever you need it. The only “borrowing” is from a tomorrow that never comes.
We’ve all known that for decades.
Until inflation appears...
Give the money to me, I’ll have it, things will be perfect.
How many trillions has the federal Reserve robbed us of over the years?
It must be near 10 trillion (half the national debt)
Can’t we just add a Zero to our money?
I’m glad Rand is bringing attention to the insane spending, but I won’t be a Rand fan until he recognizes the drain on Americans that 30+ million fraudulently documented foreigners is.
He doesn’t want to deport the immigrants ... I dont think anyone does.
It has been rumored Trump can do what businesses do- renegotiate debt , not quite declaring bankruptcy but if has sense. Our $22 trillion debt is split up roughly 60/40....$13 trillion owed to the Federal,Reserve, the other to US Treasury. We can not default to Treasury, but as the Federal Reserve is a PRIVATE company, it can be renegotiated. I believe our interest payments are around $200 billion a day to the Fed, renegotiate ( default) and bingo- we go to $12,$15 etc trillion in total debt. Experts claim it would only “ hurt” for about 3 years, USD would crash, T bills crash, bonds crash, a total, huge, RESET....start over with say only $14 trillion in debt.,dollar goes from current 96, down to say 50, nations flock to buy our goods....
Immigrants are people who apply for, pay for, wait for and comply with the documents that make them immigrants.
People who break in or overstay visas are illegal aliens.
Nobody is perfect ... sadly.
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