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‘Bond King’ Jeffrey Gundlach says the national debt is ‘totally out of control’
CNBC ^ | 7 MAY 19 | Kate Rooney@Kr00ney

Posted on 05/07/2019 9:47:59 AM PDT by DCBryan1

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To: DCBryan1

Where was this guy when Big Mike’s husband was president?


21 posted on 05/07/2019 10:12:35 AM PDT by Moonman62 (Facts are racist.)
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To: TrumpisRight
My bad.

PRESIDENT Trump.

Whenever I'm fighting with Lefties on Twitter, I ALWAYS write "President Trump".

I'm more lax on Free Republic - even though there are some NeverTrumpers here that it would annoy. ;-)

22 posted on 05/07/2019 10:13:11 AM PDT by kiryandil (Never pick a fight with an angry beehive)
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To: DCBryan1

So I take it you’re not down with Ivanka’s plan to forgive all student debt after they pay 12% our of their “discretionary budget” for 12 years. (Think 0-$50 a month, with a major incentive for them to have zero “discretionary” funds for those first 12 years.)


23 posted on 05/07/2019 10:14:52 AM PDT by 9YearLurker
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To: circlecity

I agree that the debt is the most pressing issue facing us.

...

Our biggest problem is the Democrats and the Federal Reserve hindering economic growth.


24 posted on 05/07/2019 10:15:00 AM PDT by Moonman62 (Facts are racist.)
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To: DCBryan1

RE: the national debt is ‘totally out of control’

We already known about this for at least 2 decades.
The only solution is to CUT SPENDING.

But no one in any of the parties have the collective will to do it.

Heck, what we’re seeing is $2T in Infrastructure Spending, The Green New Deal and Medicare for All.


25 posted on 05/07/2019 10:15:08 AM PDT by SeekAndFind (look at Michigan, it will)
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To: 9YearLurker

I think people with student loan debt that they can’t pay should be allowed to sue their schools to get their (our) money back.


26 posted on 05/07/2019 10:16:54 AM PDT by Moonman62 (Facts are racist.)
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To: DCBryan1

The deficit and debt always become problems during Republican administrations. When Democrats are in power there’s no limit to the spending.


27 posted on 05/07/2019 10:17:40 AM PDT by Starboard
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To: Starboard
The deficit and debt always become problems during Republican administrations. When Democrats are in power there’s no limit to the spending.

The only time the Republicans care about the deficit and debt is when a Democrat is in the White House. And the only time the Democrats care about the deficit and debt is when a Republican is in the White House. Both parties know no limits to their spending.

28 posted on 05/07/2019 10:19:24 AM PDT by DoodleDawg
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To: SeekAndFind

Economic growth and more opportunity means fewer people need government handouts. That’s the only way spending gets under control.


29 posted on 05/07/2019 10:19:37 AM PDT by Moonman62 (Facts are racist.)
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To: SeekAndFind

IMO nothing will happen.

Nobody on the planet wants to risk the global depression that will occur with our sudden and rapid economic collapse.

So we’ll continue to print and spend. And everybody will continue to pretend that there’s no crisis and our money is actually worth something.


30 posted on 05/07/2019 10:19:42 AM PDT by Buckeye McFrog
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To: DoodleDawg

I don’t disagree but my point was more directed at media coverage from the likes of CNBC. The leftist media starts worrying about the debt the minute a Republican becomes president. On that, I think we can both agree. :)


31 posted on 05/07/2019 10:22:17 AM PDT by Starboard
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To: Buckeye McFrog

So we’ll continue to print and spend. And everybody will continue to pretend that there’s no crisis and our money is actually worth something.

*************

As a country we’ve become quite accustomed to pretending and believing false things. We live in a world of lies. Its just so pervasive we don’t even notice it anymore.


32 posted on 05/07/2019 10:25:26 AM PDT by Starboard
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To: Starboard

Yes, and that is one lie that everyone on the planet has EXTREME incentives to keep believing.


33 posted on 05/07/2019 10:26:28 AM PDT by Buckeye McFrog
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To: Moonman62

What kind of country of laws do we have that would allow that?


34 posted on 05/07/2019 10:26:55 AM PDT by 9YearLurker
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To: Buckeye McFrog

If you haven’t looked at usdebtclock.org before check it out. A depressing jolt of reality.


35 posted on 05/07/2019 10:29:09 AM PDT by Starboard
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To: Starboard

Yup. Reinforces my theory that we’re too big to fail.

We quit buying from the ChiComs and Communist Party members are swinging from lampposts within 90 days. Do you really think they’ll let that happen?


36 posted on 05/07/2019 10:35:48 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

Yup. Reinforces my theory that we’re too big to fail.


We are too big admit we are going to fail, and nobody wants to even admit there is a problem.

We are on the Titanic, hit the iceberg, and nobody wants to admit there is a problem.

But hey, it’s happy hour, the band is playing in the ships bar, and drinks are on the house!


37 posted on 05/07/2019 10:43:12 AM PDT by Wildbill22 ( They have us surrounded again, the poor bastards- Gen Creighton William Abrams)
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To: DCBryan1

Unload tons of Fed employees. No pay raises. No company running these deficits would raise anyone.

Tax/fees remittances to Mexico, Central America, Caribbeans, Middle East. Asia too. the worst countries that contribute to illegal immigration, the higher the rate

Deny green cards to economic immigrants. Those that come here for jobs, send $$$ home, then retire there. NO MORE

Kick out all illegals and their native born brats. The Constitution wasn’t amended to allow for this. End all “birth tourism” and devote resources to annual all “fraud marriages” then deport everyone involved in the scam

End “sanctuary cities” Arrest all who support such nonsense. They are aiding and abetting lawbreaking

Protect intellectual property with strict laws and penalties. the worse offenders get the highest remittance fees. also tariffs.


38 posted on 05/07/2019 10:44:29 AM PDT by A_Former_Democrat (Pussie Smollett, Mizzou, campus fake nooses, fake "protests" FAKE EVERYTHING Hey CNN? lol)
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To: DCBryan1; Responsibility2nd; All
> Just do what FDR said....make it temporary and we should adjust age UP to say, 75, which would be in line with 1930s life expectancy. > Yep, the (R)N(C) to the 'rescue'...again: "F* the Constitution, *we'll* make the (illegal, unconstitutional) Ponzi schemes work...enough to keep our phony-baloney jobs", as the sheeple bleat in approval. Next you'll tell me how you 'paid' into ...
39 posted on 05/07/2019 10:55:53 AM PDT by i_robot73 (One could not count the number of *solutions*, if only govt followed\enforced the Constitution.)
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To: JonPreston

I know, but like I said I don’t care what happens to their debt. It isn’t mine.

__________________________________________

Guess what? A new tax reform law (if passed) would give you a refund of $66,991.00*

Ohh. Too bad. Because of the national debt (which you say isn’t yours) you don’t get that money after all.

Still don’t care?

*The National Debt owed per person.


40 posted on 05/07/2019 11:02:49 AM PDT by Responsibility2nd ( Import the third world and you'll become the third world.)
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