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Trump just exposed America's dirty little secret: Schiff
CNBC ^
| 05/08/2016
| Trump just exposed America's dirty little secret: Schiff
Posted on 05/08/2016 5:20:55 PM PDT by RayofHope
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To: Ancesthntr
Thanks, I shoud have known the Clinton’s would never lower themselves to scam a measly 50 grand per BS session!
121
posted on
05/09/2016 4:21:42 PM PDT
by
RayofHope
(I want to be sick of winning!)
To: Pelham
yeah, but every single dollar is borrowed at interest
122
posted on
05/09/2016 5:01:13 PM PDT
by
Chode
(Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY - Luke, 22:36)
To: BlueMondaySkipper
Well, since I don’t intentionally lie, I guess I am misinformed.
You fellas enjoy the Donald. If he can beat Hillary, the clown-show the media will broadcast will be epic.
123
posted on
05/09/2016 7:59:53 PM PDT
by
Bryan24
(When in doubt, move to the right..........)
To: RayofHope
While some observers argued that Trump's approach could be tantamount to a debt default, Schiff told CNBC the GOP nominee was fundamentally correct in his observation. It's hardly been a secret that for every half percentage point the interest rate goes up, tens of billions of dollars get added to the interest payment on the debt on a monthly basis.
A three percent rate hike could mean $350 billion plus getting added to the monthly service on the debt!
Every serious economist has known this for YEARS already. The Fed has made a conscious decision to literally SCREW our Senior Citizens who rely on interest on savings to make ends meet.
I'd be shocked if Trump said anything that any Freeper didn't already know to be honest.
124
posted on
05/09/2016 8:05:21 PM PDT
by
usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
To: Chode
The only interest anyone pays is on the national debt, and that has been the case since Alexander Hamilton ran the Treasury. It has nothing to do with banking and everything to do with Congress spending.
125
posted on
05/09/2016 8:15:55 PM PDT
by
Pelham
(Trump/Tsoukalos 2016 - vote the great hair ticket)
To: Pelham
100%! the budget should be voted on line by line.
126
posted on
05/10/2016 4:30:57 AM PDT
by
Chode
(Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY - Luke, 22:36)
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