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To: Kaiser8408a

America is bankrupt. There is no way out. The GOP participated in that, but the Dems are worse.


2 posted on 06/10/2023 7:20:09 AM PDT by Trumpisourlastchance
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To: Trumpisourlastchance

They’re all worse.

Votes in Congress are for show.

If Dems in the senate need 5 republicans they get 5 Republicans. If they need 10, they get 10.

Republicans dominate state governments in about 30 states, yet the Democrats control the senate. Republicans should dominate the House under the same information. But somehow that isn’t the case.

https://ballotpedia.org/Partisan_composition_of_state_legislatures

Keep voting for the Do-Nothing, greedy, corrupt incumbents. They’ll do better next time.


6 posted on 06/10/2023 7:28:40 AM PDT by qaz123
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To: Trumpisourlastchance
--- "There is no way out."

The Jubilee in some form will be the way out. I read an IMF White Paper history of government abrogation through the 20th century. I wish I could find the URL, alas.

It was an eye-opener. So many abrogations of government debt at the national level, in many nations. The US can simply disband the Fed and abrogate the national debt in one simple action. There would be disruptions aplenty, and the supervwealthy would be eviscerated.

After a few days or weeks and a new currency was issued, things would right themselves, and only the corrupt would continue to rage.

A look at how Iceland reused to "accept" the debt from the failure of IceBank. Mostly British and Dutch big money investors raged and tried to use political leverage against the government of Iceland to "repay" investors who had accepted the risk but refused the idea that they would lose. Iceland won. The wealthy NOT from Iceland lost.

Closing the Fed and a one-time abrogation of the national debt would be an enormous event, but I think it will come in time. Period. Sooner? Later? No idea. But it will come. Why?

As you so clearly wrote in the first sentence, "America is bankrupt."

Best wishes.

11 posted on 06/10/2023 8:24:28 AM PDT by Worldtraveler once upon a time (Degrow government)
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