Posted on 02/08/2019 10:39:28 AM PST by Sir Napsalot
Taxes are used to punish people, strictly speaking, they are not necessary.
How could Americans vote for someone. So. Damned. Ignorant?
Here is an article about her election...She won with a very small voter turnout :(
https://nypost.com/2018/06/28/most-voters-stayed-home-for-stunning-alexandria-ocasio-cortez-win/
And here are demographics about her district:
https://www.census.gov/mycd/?st=36&cd=14
All government money comes in one of a few forms.
Taxes - confiscated from workers
FEES - confiscated from workers
FINES - confiscated from workers
I don’t know of ANYTHING that the government does that is actually income NOT from taxpayers.
I’ve predicted for years that the only viable way out of debt is hyperinflation. They will hyper inflate the dollar so that it takes a billion dollars to buy a loaf of bread and pay off the debt with worthless currency.
I think she is advocating a Balanced Budget Amendment.
Love that one....LOL
Thing is, Governments don’t “get out” of debt, they roll over the existing debt, and keep borrowing. What makes the current situation more dangerous as I understand it, during the Clinton years most of the debt was rolled over into much shorter duration securities. Consequently the entire debt rolls over about every four years and is very sensitive to interest rate spikes. Just a point or two to the high side and it all blows up. I’ve heard it put that way, they can save the dollar, or save the markets, though not both.
The next thing in line are all the municipal and state pensions, virtually all are completely under-funded. They will demand to be bailed out.
Keeping in mind the government has to make interest payments, they cannot renege on foreign creditors, even during the Civil War they never missed any bond payments, and when the “triage” as it were happens, Americans will get stiffed, you can bank on that. Social Security, everything will be on the chopping block. If a government fails to make interest payments due, then they don’t get to borrow more money, at least not at prevailing interest rates. All the jiggery-pokery we’ve seen in failed states and their currencies in recent years stems in large part because the American dollar enjoys for many years now “reserve currency” status, and the failed states currency did not.
She’s a dim witted, rabid COMMUNIST NUT!
I’m now more than ever convinced that she’s a Soros created robot.
They just couldn’t get the teeth right...
(Everything she says is clearly fed to her by her handlers.)
Conclusion: spending is way out of control
Yes.
Joe was right.
So.... what’s her other secret source of money? Who else wants to fund her magical trains across the oceans and such? Hey, maybe she has found that pot of gold.
Please, someone convince her that if she would first go and straighten out Venezuela we would follow her plans without question.
For every $1 invested in infrastructure, we get $6 back.
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Damn, let’s SPEND $10 BILLION ON THE WALL and we’ll GET $60 BILLION BACK! ;-
She came from money, never had to pay for anything herself, with her $3000 designer outfits. Check your privilege, see you next Tuesday.
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