Could a real estate boom plus better Fed policy pay off USA national debt?

Discussion in 'Economics & Trade' started by DennisTate, Dec 31, 2016.

  1. aenigma

    aenigma Active Member

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    you would be able to beat the islamic/remaining marxists at 10% the current budget if you used it properly and not constantly sell or donate weapons/money to the islamic nations though

    most/all of those nations are to stuppid/undevelopped to make advanced weapons themself in the end, are there even any that do that or got the industry for it? (and i'm talking advanced weapons, turkey can't even handle its anti-air himself)

    which marxists ? better pump another 200billion in the budget or you may get invaded from little cuba, wich is the only communist country anywhere near the US

    there is only 2 reasons you got such a massive budget
    1 to make the military industrial complex rich and all the senators & co benefiting from it
    2 to play the big bad bully arround the world, there is nothing heroic or brave about being a bully when the other guy can't even reach you or fight back

    there is a reason why people arround the world laugh with jokes about americans bringing democracy to another shithole everytime you get involved somewhere

    and there is a reason people instantly think the us are involved again when riots/revolts or attempts at a coup happends anywhere in the world, they rarely think the chinese or russia are involved but almost always the US
     
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  2. DennisTate

    DennisTate Well-Known Member Past Donor

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    I have to admit that the Military Industrial Complex is getting out of control......

    https://www.near-death.com/experiences/exceptional/howard-storm.html#a04
     
  3. DennisTate

    DennisTate Well-Known Member Past Donor

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    I really hope that you are correct but Catherine Austin Fitts presents a powerful case that a back door was created to the Federal Reserve and things did indeed get out of hand.....

     
  4. DennisTate

    DennisTate Well-Known Member Past Donor

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    True..... but something must be done about the terribly vulnerable Derivatives market.
     
  5. DennisTate

    DennisTate Well-Known Member Past Donor

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  6. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    In a way, that is goodness. The correction will be swift and thorough - and then we all move on, once again.

    The problem with capitalism is that in some countries, where taxation is too low, the steady and quick accumulation of capital by a highly select minor-percentage of the population leads to Gross Inequity. The US is not that far off, having one of the highest of any developed nation.

    The only problem is that when a correction arrives it is not only the super-rich who are redressed, but the poor as well. There can be no "correction" without all somehow suffering. We are all members of the same economic entity (in any given nation).

    That correction will be massive in the US, because it learned nothing from the subprime-mess. Except to do what it had been doing before but with more attention to subprime lending to avoid a collapse. How will that collapse take place anyway?

    The sharp and sudden drop of market values will take total GDP down to extremely low levels, from which the efforts of government to "kickstart the economy" will prove fruitless.

    People's savings will have melted away, which means public panic will ensue.

    We shall see - nothing is sure. Still, it happened not just once before (in 1929) but then again in 2008 (even if to a lesser degree). And there is nothing in place to prevent yet another economic depression; and certainly not the FRB that will prove once again unable to contain a recessionary explosion ...

    NB: Well worth the read: Income Inequality - excerpt (graphic):
    Income shares by quintile, United States


    How to read that graphic:
    *"Percentage share of income or consumption is the share that accrues to subgroups of population by quintiles. For example, in a country with 100 people, if you rank them by income the share of the lowest quintile corresponds to the sum of incomes of the bottom 20 people, as a proportion of total income in
    that country."
    *What is that graphic telling us? Click on the year 2013 to see that:
    -70% of all income is owned by the top 40% of the population, and
    -20% of all income is owned by the Middle 20% of the population, and
    -10% of all income is owned by the Bottom 40% of the population.
    *Which is a fine recipe for social upheaval ...


     
    Last edited: Jun 4, 2019
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  7. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    You're pedaling anxiety with that remark. The British are coming! The British are coming! The British are coming!

    And your worries over a combined Islamic and Marxist coalition is hilarious. The Islamic countries are wedded to capitalism.

    The real threat is within and not coming from the outside. The only country that has the capability to attack America is Russia, and it is now so wedded to capitalism that an attack on the US would destroy the capital-assets of its key political figures. They aren't that stoopid ...
     
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  8. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    In a word - No! - a real-estate "boom" (which is happening presently) would not and will not retire the debt.

    If you are thinking that realty taxed nationally will provide the proceeds enabling the Treasury to retire the debt, then you are grossly mistaken.

    It is not even conceivable under America law today since real-estate transactions and taxation are both a matter of state-law.

    Besides, why retire the American debt it we can pay it so readily? Taxation revenue is solid and there's the money.

    The problem is one of perception - that is, some people think that all National Debt is bad and should be done away with. But National Debt is not of the same nature as is Personal Debt. Whyzat?

    Because the world LOVES to hold dollars as reserves, and for as long as that notion withholds the US can pile-up debt to its heart's content. (Whether such is why is an altogether different question.)

    All we need do - as a nation - is decide what to do with debt. And spending more than half the Discretionary Budget on the DoD is not the very best of alternative means. Let(sd cut the waste and the answer is "Maybe, yes!" But not before!


    The DoD should be scaled down to a proportion fitting the threat upon the US presently. It's expenditure in Discretionary Funding is far too great. Especially since the US has other National Objectives necessary for the good future of its citizens. Like National Healthcare and Free Post-secondary Education -
    both of which are essential to the nation's survival!

    But, unfortunately, that is not the conviction nationally today - and when or if it ever becomes such, then that moment will be far-too-late ...
     
  9. DennisTate

    DennisTate Well-Known Member Past Donor

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    If you were to read chapter five of:

    https://books.google.ca/books/about/Saved_by_the_light.html?id=5DvuAAAAMAAJ&redir_esc=y

    [​IMG]
    and compare the information in there with:



    The Philosophical implications of Multiverse Theory?

    and perhaps with:

    https://www.near-death.com/science/evidence/some-people-receive-verified-visions-of-the-future.html

    ... you would better understand my anxiety!

    Aha... here is chapter 5 online;

    https://www.alamongordo.com/Prophecies_of_Dannion_Brinkley.html

    https://www.alamongordo.com/visions_demoralized_country.html
     
    Last edited: Jun 4, 2019
  10. DennisTate

    DennisTate Well-Known Member Past Donor

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    Frankly..... I do think that you are correct.......
    I also believe that this will work out astonishingly well over the coming years and decades.

    I'm hopeful that ideas like this will play a role in that happening:


    Five hundred dollars per Canadian per month, can this work?

     
  11. DennisTate

    DennisTate Well-Known Member Past Donor

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    Not if Canada and the USA take another look at how President Abraham Lincoln financed
    the Civil War?

    President Lincoln saved USA taxpayers FOUR BILLION DOLLARS IN INTEREST PAYMENTS
    and the same basic principles can be applied again in 2019 in the coming years and decades!

    You may find some of the information quoted here to be a bit surprising:

    ANDREW YANG FOR PRESIDENT 2020



     
    Last edited: Jun 20, 2019
  12. Quadhole

    Quadhole Well-Known Member

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    LMAO... right out of a Fiction Novel... "I do believe... halafukinluya"

    Maybe if we go back to the 1945 - 1985 style of Regulations and Tax laws taking back all the money siphoned from the working class and handed to the Gazillionaire bankers, then things could be fixed. Outside of that, a huge depression is coming, some type of reset or dollar goes away.
    Never before in history, nor never in the future will some FIAT money be allowed to Print forever. That is always the Hoax the printer (our fed and all Cbankers use) to lie to the people.
    Wh on a day like today GOLD goes up, the collapse is nearing, best recent thing to happen in Euro and Japan finally admitting (it wont work)... Thank God they did it before OUR FED and St. Louis FED President could get his hands on Stocks. He wants that tool added. Trump would love to put that dude as the CHAIR... the FED itself wants to work the system to the very end, you will see them too load up on Personal GOLD when the end of the dollar comes in XXXXX years. Or, they wash it, erase all debt and start over. Whatever happens, it wont be good for millions in this country...
     
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  13. DennisTate

    DennisTate Well-Known Member Past Donor

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    I have to admit that it will be difficult to come up with a response to our situation that will
    work for all three hundred and thirty million Americans and all thirty seven point six million Canadians plus.....
    everybody in Australia, Israel, South Africa, New Zealand, and all of the Middle Eastern nations.........

    ... because that is the nations that I do have in mind for what I am planning!
     
  14. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    QUALIFICATIONS, QUALIFICATIONS, QUALIFICATIONS


    Not bloody likely. The debt grows all by itself - you reduce it in part, and it starts growing again. Whyzzat?

    Because every PotUS comes thinking they have a "New Slate" and the nation's permission to do as they like. The last time the HofR refused to enhance Federal Spending was in 2010 when Americans stoopidly gave the HofR (where all spending bills start) over to the Replicants.

    The US was just beginning the Recession, and the Replicants-jerks wanted no more fiscal spending! So, What Happened?

    FUNDAMENTAL EMPLOYMENT-CHANGES HAPPENED!

    See the explaining graphic from the BLS Employment-to-population Ratio here:
    *The national E-to-p Ratio dived in April 2008, when Obama had just taken office.
    *He and a Dem Congress passed
    ARRA - a $830B spending bill that helped stop the precipitous decline in the E-to-p Ratio that you see in the infographic linked.
    *The dive in the E-to-p ratio was arrested at 58%, down from its previous 63%.
    *Obama asked for more money to create jobs. The Replicants in the HofR refused the money. Whyzzat?
    *Because they were looking forward to the 2011 elections and they figured high-unemployment would unseat Obama.
    *But, it didn't work out that way! Nonetheless, from
    October 2009 to January 2014 our E-to-P ratio was stuck at 58.6 to 58.7%!
    No additional jobs were being created!
    *Finally, all by itself, the economy recovered and the E-to-p ratio started to rebuild. But, EVEN TODAY IT IS NOWHERE NEAR WHAT IT WAS IN 2008!
    *What happened? Already since the 1990s the Manufacturing Industry portion of total Labor was decreasing. Jobs were closing in the US and reopening in China!
    *Those jobs were gone forever! So, the jobs that were being created were not in Manufacturing Industries, but in Services Industries.
    *And so?
    Those Service Industry jobs being created were filled by people with postsecondary school-qualifications!
    *Those that had lost their permanent-jobs in manufacturing industries never found them again, and they have been working wherever they can at far
    -reduced incomes.
    *More likely, they have slipped outside the data-rolls that are used to determine the Employment-to-population Ratio, and most have moved into retirement.

    Yes, that's a lonnnggggg story I've told above. It was China that took most of those basic-manufacturing jobs that were lost in 2008 ... meaning they aint-coming-back!

    SO WHAT'S A COUNTRY TO DO?

    So this: Today, more than ever, we must train our people to a higher level of competence. Meaning that only a free or nearly-free postgraduate education can give our people the qualifications that the Service Industries need today and far into the future.
     
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  15. jay runner

    jay runner Well-Known Member

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    Only more jobs with more people paying federal payroll taxes, and fewer and fewer people sucking the US Treasury Teat have any chance of paying off the national accumulated debt.
     
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  16. DennisTate

    DennisTate Well-Known Member Past Donor

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    We Canadians may well be able to assist with that possibility.....
    We are somewhat forced into doing so because the fact that there were
    seven hundred and ten TRILLION dollars in the worldwide Derivatives Markets back in 2014......
    and two hundred and ten trillion dollars in the USA Derivatives market at that time has a lot of Canadians scared........

    .... and since we are too cheap to want to bear our fair share of the cost of policing the world as America has been doing
    reasonably well these past five decades........

    I think that a significant percentage of we Canadians may be willing to link the value of the Canadian dollar to the USA petrodollar.....
    in order to avoid what sure appears like a possible BEAR MARKET.... .another 1929..... sort of?!

    Jagmeet Singh is in an interesting position today.... September 28
     
    Last edited: Sep 30, 2019
  17. Quadhole

    Quadhole Well-Known Member

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    And Again today, Market up... But who is buying ? Not one person I know and they have all sat on the sidelines waiting for reality. Yet Apple, with declining sales, spending, growing PE is up to 224... who in their right mind would buy it ?
    The FED because they want to own it. Mnuchin and Treasury thru PPT because Trump wants a GOOD ECONOMY based on DOW and Nasdaq #s.
    This is getting beyond absurd and not one person can do anything about it. In fact, 1M people could do nothing, and it would take 20M to become homeless before something happens. All this while they manipulate the price of GOLD and silver with Paper GOLD AND SILVER.

    Americans gave it all away thru the neocon. right wing... Buying the lies. one good christian at a time.
     
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  18. DennisTate

    DennisTate Well-Known Member Past Donor

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    WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    You confirmed a number of statements by CIA economist Mr. Jim Rickards in this audio video:

    Posters on this forum tend to be reasonably well informed but most don't seem to understand what you jut wrote!

    FORGET IRAN, IRAQ, UKRAINE
    THIS IS WHERE WWIII STARTS...
     
  19. jay runner

    jay runner Well-Known Member

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    If you bought Apple when it was in the tank, the longer you've sat, the smarter you look. Will Apple come through again? Only Louis Rukeyser knows.
     
  20. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    Oh, really? And how is that supposed to happen?

    Magic?

    Get your facts straight, will you? WHICH FEDERAL AGENCY IS SUCKING MOST THE TEAT OF THE US FEDERAL TREASURY?

    Which Federal Agency swallows whole the highest percentage of the Discretionary Budget - that is, the budget that Congress passes every year. (That contributes wholly to the National Debt, which shows up in an entirely other budget to complete the Total Federal Budget!)

    See that Discretionary Budget here below!

    [​IMG]

    Which Federal Agency is swallowing more than half the total Federal Discretionary Budget? Huh? Which one!

    The DoD ... !!!!
     
    Last edited: Sep 30, 2019
  21. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    Now ask yourself WHY DOES THE ABOVE HAPPEN?

    Who gives most to the Donald Dork's reelection committee funding? Huh?

    One guess!
    Those same companies sucking the Teat of the Federal Discretionary Budget - that's who .... !

    PS: Now ask yourself why a
    totally witless US-government allows the connivance of Federal supplier-companies to fund the election of political candidates to office in LaLaLand on the Potomac!
     
    Last edited: Sep 30, 2019
  22. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    Canada's "assistance" to the US is already well noted.

    See here: Crude oil facts | Natural Resources Canada - extract:
    And who benefits from that money-transfer? I will leave you the task of finding out who most benefits in Canada from oil-exports to the US ...

    PS: From here: Export Dot Gov

    In May 2016, in Canada, there were 151 million employed people among the 253 million that made up the total civilian noninstitutional population. That is, 0.3% of the total working population (in oil production) generate 7% of Canada's GDP.

    Not bad at all ...


     
  23. DavidMK

    DavidMK Well-Known Member

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    The problem is military spending. It's insane. The current budget is aimed at fighting 2 major, unrelated wars at the same time. That level of readiness is overkill if we take a defencive stance. With such a stance, you could cut the military budget by 50% (while also increasing pay and benefits) and still have the runaway #1 spot for military funding.
     
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  24. DennisTate

    DennisTate Well-Known Member Past Donor

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    Personally I think that the real problem is the magic of compound interest over time..........

    Moses came up with a solution to that problem through the Jubilee year......

    The modern economy may well have in a sense been saved by Derivatives.......
    even though the sheer magnitude of the Derivatives market is scary........

    The figure for the USA Derivatives market of over two hundred trillion and
    the figure for the worldwide Derivatives market of over seven hundred and ten trillion as of 2014 is
    given here:

    FORGET IRAN, IRAQ, UKRAINE
    THIS IS WHERE WWIII STARTS...


    On the plus side with all this information is that money... in some form.. is like blood.... and if
    money in the form of Derivatives had perhaps NOT been created..... perhaps the world economy would
    already have gone all Bear Market???????

    Here is a high school level English language explanation for compound interest over time.......

    Actually.... I quoted this in my 2006 campaign:

    My 2006, 2008, 2016 and 2004 campaign writings as ART.

    The Public-Debt Problem
    Written by Alain Pilote on Monday, 30 June 1986. Posted in In This Age of Plenty (book)

    In this age of plenty - Chapter 34


     
  25. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    BANK ASSETS - WHO OWNS THEM?

    Wrong and VERY WRONG. The bank does not OWN THE MONEY, not all of it.

    You put your money in the bank! Do you really think the "bank owns it"?

    Bank Assets (where they come from):
    Where does the bank get those "assets" that are lent to consumers? From other banks.

    See here: 10 Banks Own 77% of U.S. Banking Assets - excerpt:
    Wanna do something about it? Dump the Replicant Senators and give the Senate over to the Dems. Then dump Birdbrain as PotUS.

    The next All-DEM Congress & PotUS should then dismember the US Tight-Bank-Oligopoly (look up the damn word, it's linked!) and spread the risk over a larger banking system. Whyzzat?

    Because, when Total Banking Assets are owned by only Ten Banks and - should the Fit Hit the Shan - then their presidents will waltz into the Oval Office, grab the PotUS by the you-know-what and tell that person WHAT TO DO!

    Which, like last time, means a Strategic Bailout of American banking. Meaning further indebtment of the Federal Government! Meaning Who? Meaning You!*

    And that is going to cost you-the-Yank-sucker more than just one pretty-dollar ... !

    *Just for the sake of debate, let's say that the world no longer WANTS to support the US debt by buying it? Then there is a general bank default - and your job comes to a sudden end! Believe me, you will not be alone ...
     
    Last edited: Oct 7, 2019

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