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Keyword: printingpresses

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  • Trump's 'Golden Dome' will need Manhattan Project-scale whole-of-government effort, Space Force general warns

    03/07/2025 7:11:41 PM PST · by buwaya · 55 replies
    Fox News ^ | March 6 2025 | Morgan Phillips
    President Donald Trump’s ‘Golden Dome’ missile defense project will require a whole-of-government effort on par with the Manhattan Project to develop the atomic bomb, according to a Space Force general. "This is on the order of magnitude of Manhattan Project, and it’s going to take concerted effort from the very top of our government. It's going to take a national will to bring all this together," Gen. Michael Guetlein, vice chief of space operations of the U.S. Space Force, told a gathering of defense industry experts on Wednesday.
  • U.S. government budget ends fiscal year with a more than $3 trillion deficit

    10/17/2020 2:38:07 AM PDT · by zeestephen · 11 replies
    CNBC ^ | 16 October 2020 | Jeff Cox
    The final tally for the budget deficit in fiscal 2020 came to $3.13 trillion, more than triple last year’s shortfall of $984 billion and double the previous record of $1.4 trillion in 2009...Receipts for the year came to $3.42 trillion against outlays of $6.55 trillion, the biggest of which came during June when the government spent $1.1 trillion...
  • As Rates Race to Zero, Printing Presses Gear Up

    12/16/2008 7:38:18 AM PST · by Halfmanhalfamazing · 67 replies · 1,356+ views
    CNBC ^ | December 16th | Antonia Oprita
    When the Federal Reserve policymakers decide on interest rates Tuesday, investors will probably look one step beyond their decision, to gauge how much money will the Fed be willing to print once it is out of rate ammunition. Rates won't likely hit zero Tuesday, but this could be unavoidable in the near future, according to strategists and market experts. ... Printing Money The Fed has already moved on from using interest rates as a monetary policy tool and the next fed funds target rate after the Dec. 16 meeting is "almost academic," ING economist Rob Carnell said. The Fed's balance...
  • Which World Government Will Prove Socialism Is A Failed Idea Beyond Its Time?

    03/13/2006 5:17:10 AM PST · by FerdieMurphy · 7 replies · 518+ views
    Sierra Times ^ | 3/13/2006 | Don Heinrich
    America will! Sound crazy? Perhaps. However, if we allow the Federal Reserve to continue running the printing press so politicians in both parties can promise everything to everybody we fall under the definition of socialism. Sorry about that, but it is the cold hard truth. Is there a better way to bring about the collapse of the dollar to obtain the ultimate socialist goal of a global fiat currency and a one-world government? Absolutely not! The poisoned carrot has been offered and eaten by both political parties. The economy is a walking corpse that is unaware that it is dead....