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If You Think The Riots Are Bad Now, Wait Until America Goes Bankrupt In A Few Years
The Federalist ^ | February 3, 2021 | Christopher Jacobs

Posted on 02/03/2021 6:39:11 AM PST by Kaslin

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To: wny

the last loaf of bread on the shelf?

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

Have you been in any of the food markets lately? I was in a
Walmart grocery area a day or two ago and the sliced bread
section was completely empty and this was about 2pm.


41 posted on 02/03/2021 8:04:17 AM PST by deport
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To: nathanbedford

As usual, you are spot on. I really enjoy your commentary. Thanks.


42 posted on 02/03/2021 8:04:25 AM PST by shortstop (I used to wrap fish in the New York Times, but it made the fish stink.)
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To: cuban leaf

Do you let them free range or keep them penned up?


43 posted on 02/03/2021 8:09:35 AM PST by deport
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To: deport

Do you let them free range or keep them penned up?


We used to free range. We got tired of the poop on the porch and the ruined garden. So we let them out during the last daylight hour of the day to give them “some” free range, but less risk of all that damage.


44 posted on 02/03/2021 8:12:49 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: cuban leaf
If they had put away the exact same money they paid into SS into a CD, they would be receiving a LOT more than they are.

That is so true.

My favorite is when someone is excited to get a refund each year from the irs. They have no idea that the money they're getting back has been held for a year with interest and it should've never been taken from them in the first place.

I'm talking about people that work and had this money taken from them all year.

Don't ever forget that these workers have just as much taken out of their check for Social Security that they can't claim and probably will never see.


45 posted on 02/03/2021 8:15:51 AM PST by ssfromla
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To: cuban leaf

LOL..... Well poop is a problem in the areas they have
to range in. Also gardens have to be protected if they
are free range.


46 posted on 02/03/2021 8:23:50 AM PST by deport
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To: deport

Yes. We’ve got a bunch of that black “netting” with the one or two inch holes that we use as the ceiling to their penned area. We may be using that around the garden and the entrances to the porch. but all the plants in other areas are fair game. And the run is only 30 feet from my garage. Opening the garage door is a problem when they are out.


47 posted on 02/03/2021 8:28:58 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: Kaslin

Economy needs a ground World War to reduce the surplus population, restart manufacturing and kick the insolvency can into the next century.


48 posted on 02/03/2021 8:39:35 AM PST by MrBambaLaMamba (It's a lie. It's all lies. Use every opportunity to poison their data. )
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To: shortstop

Thank you.


49 posted on 02/03/2021 8:59:00 AM PST by nathanbedford (attack, repeat, attack! Bull Halsey)
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To: cuban leaf

Good luck. I know some of the issues you are dealing with.


50 posted on 02/03/2021 9:12:30 AM PST by deport
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To: Kaslin

There is a law on the books that states that the Federal government cannot spend more than it takes in. This law was adopted in 1981, Public Law 95-435, Section 7. It’s still valid, so why do our elected officials in Congress not obey that law?

That raises a number of other questions. Is there a penalty clause for violations of the law? Can every politician who voted in favor of violating the law be punished? Is a violation a misdemeanor or a felony? Who would be in charge of prosecuting the offenders?

We the people are expected to obey the law; why won’t we hold our servants (who have, regrettably, morphed into masters) to the same standard?

Finally, since the law is already being ignored, what makes us think that a balanced budget amendment would not also be ignored? The Second Amendment being a prime example in New Jersey; what part of “shall not be infringed” do they fail to understand?


51 posted on 02/03/2021 9:32:39 AM PST by JimRed (TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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To: Nathan _in_Arkansas
Silver and ammo. If silver doesn’t hold any value, I can throw it.

Nah, melt it down and make a wicked blade out of it. Way cooler, and it gives you an excuse to learn blacksmithing and weapons forging.

52 posted on 02/03/2021 9:47:17 AM PST by Turbo Pig (To close with and destroy....)
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To: HangnJudge

NO. Lyndon Johnson putting Social Security into general revenues, financing his Great Society program and funding the Vietnam war put us on the road to financial perdition


53 posted on 02/03/2021 9:50:50 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Jimmy Valentine

Long memory, very good
Not too many clean hands in last 60 years


54 posted on 02/03/2021 9:56:12 AM PST by HangnJudge (Amen (Awomen) brother!)
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To: Kaslin

Do you really think we aren’t bankrupt now??
I think govt is in denial.


55 posted on 02/03/2021 10:00:55 AM PST by RebelTXRose (Our Lady of Fatima, Pray for us! PRAY THE ROSARY!)
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To: HangnJudge

True that. Professional time serving political hacks are a curse


56 posted on 02/03/2021 10:11:03 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: cuban leaf

Depends on the pay scale of the retiree during their working years. Lower income people get a really good return, with the really low $ workers getting a huge risk-free windfall.

Those at the high end get effectively less than 0%, meaning they could have put it into long-term Treasury bonds and made 2%+, but instead will get a negative return.

Consider, too, that the tax rate went up in the early 80s, so older retirees are doing EVEN BETTER than this if they were at the lower income scale.


57 posted on 02/03/2021 10:23:24 AM PST by Liberty Tree Surgeon
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To: thirst4truth

Your problem is you are worried about losing the $1 million AND worried about missing out on stock market gains. Can’t have it both ways - even with hedging (put options, etc.) you can’t eliminate all the risk.

So if you are worried - get out. Follow what the uber rich are doing (e.g. Bill Gates) and buy farm land with working water wells.


58 posted on 02/03/2021 10:28:33 AM PST by Liberty Tree Surgeon
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To: Jimmy Valentine

Lyndon Johnson was likely the most evil president in my memory, Hillary Clinton would have likely been similar.


59 posted on 02/03/2021 11:07:54 AM PST by HangnJudge (Amen (Awomen) brother!)
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To: Liberty Tree Surgeon

For a few years only part of my income was charged SS tax because I was over the maximum. But they substantially increased the maximum taxable so that ended pretty quickly.

The good news is that your SS payments are based on what you put in, at least to a degree.


60 posted on 02/03/2021 11:14:40 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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