Showing posts with label Trump. Show all posts
Showing posts with label Trump. Show all posts

Thursday, December 19, 2019

The Trump Impeachment Conspiracy

Democrats and Republicans got what they wanted. Think about it. Think really hard about it. Look back on the events of all these many months with an open mind and you'll begin to piece it together.

What was impeachment really about? I'll give you 2 hints:
1. Impeachment was not about removing Trump from office.
2. Impeachment was not about protecting the Constitution.

Hell, I'll even give you a 3rd hint:
3. Look back at how both sides telegraphed their every move as if they were 9 year olds in a boxing ring having put on gloves for the first time.

We have just witnessed the biggest unplanned, un- conspired conspiracy in the history of the world.

Here, let me spell it out for you: Independent/unaffiliated voters out number both Democrats and Republicans by a very wide margin and no one can predict how unaffiliated voters might vote. The 2016 election was so close it was called by the Electoral College and neither side likes such close calls as both sides want a mandate. Even if the
Electoral College had of decided in favor of Hillary Clinton the win wouldn't have been big enough to call it a real mandate. So both the Democratic and Republican Parties need desperately to get Party members to the polls in the hopes that alienated independents will simply sit this one out.

What better a way to do it?

And both sides were in on it without ever working together.

The American voter has been duped... again.

Friday, January 18, 2019

Is Social Security Safe From The Shutdown?

Like lots of retirees I've begun to wonder how long I can expect my Social Security check to continue to arrive via direct deposit each month so I decided to research the subject.

If you believe the Social Security Administration's claim that there exists a fully funded Social Security Trust Fund then we've nothing to worry about, right?  https://www.ssa.gov/news/press/factsheets/WhatAreTheTrust.htm



But what if you believe the long told story that the Johnson Administration did away with the Social Security Trust Fund and put the money in the General Budget? What then? Is our money still safe? The Social Security Administration replies to that question thusly: https://www.ssa.gov/history/InternetMyths2.html



Sadly that doesn't really tell us if our checks will continue to come or not. You see, a budget must still be approved each year.

But there is good news from the folks at Kiplinger who write: https://www.kiplinger.com/article/retirement/T051-C000-S003-government-shutdown-delay-social-security-benefits.html?fbclid=IwAR0nwOswkVPoJe_zsPCMkRKKapaVhM0bZJsw3dZKexzpGmPIoAecl-qD_UA


"Retirees who depend on their monthly Social Security checks to make ends meet can breathe a sigh of relief: Benefits won't be affected by the partial government shutdown. The Social Security Administration is already funded through September 2019, so services remain in effect and benefits checks will continue to arrive on time, according to the Social Security administration."

But what about after September 2019-- is Social Security still fully funded? From a letter dated September 25, 2018 written by Michelle King, Deputy Commissioner for Budget, Finance, and Management to Mr Mick Mulvaney, Director Office of Management and Budget: https://www.ssa.gov/agency/shutdown/materials/contingency-plan-09-25-18.pdf




So is the money there or not?

And if the money is there and there is no one working in the Social Security Administration offices come September 2019 will the checks still go out?

That is supposed to be the Social Security Administration's shutdown contingency plan but I'm not sure such a plan really exists and if it does exist is it even workable if there in no one there to do the work. Journalists love to write things like:  https://www.thisisinsider.com/government-shutdown-2018-social-security-checks-still-paid-2018-1

"Funding for the programs under Titles II, XVI, and XVIII of the Social Security Act will continue, even in the event of a lapse in appropriations," the plan says."

But just because the plan says it does that make it so?

Maybe it is time we old folk started demanding answers.












Sunday, December 23, 2018

Will Trump Bail Out Downtown Greensboro?

I recently read that President Trump is sending $100 Million Dollars to what would be named Opportunity Zones to help impoverished communities become well... less impoverished. Not knowing where these Opportunity Zones might be I started doing some searches.

As reported by the New York Times:

"The zones are urban, rural and suburban census tracts, designated by governors and approved by the Treasury Department, that either are high in poverty or border high-poverty areas."

Let's not forget that Downtown Greensboro borders more than one high poverty area in East and South Greensboro.

 And let's not forget that the Greensboro City Council has close ties to our Democratic governor in Raleigh who will decide which Greensboro neighborhoods are most eligible.

Leaving us to wonder just how much Greensboro's noted Downtown Developers donated to both the Trump and Cooper campaigns.

Monday, July 24, 2017

Can stability destabilize? Ask Trump, Warren, Sanders and Hillary

Donald Trump, Hillary Clinton, Elizabeth Warren and Bernie Sanders are all in on supporting rigged financial markets


http://greensboroperformingarts.blogspot.com/2016/07/donald-trump-hillary-clinton-elizabeth.html


Governments cannot create but merely redirect. 

When the government spends, the money has to come from somewhere.

If the government doesn't have a surplus, then it must come from taxes.

If taxes don't go up, then it must come from increased borrowing.

If lenders won't lend, then it must come from the printing press...

 each additional dollar printed diminishes the value of those already in circulation.

Something cannot be effortlessly created from nothing.

Peter Schiff


"Helicopter money" = Default

If a nation prints more money, 
like cutting a large pizza into 16 slices instead of 8,
is each slice worth less?

What if the pizza shrinks while the number of slices rise?

"We are heading for a crisis that will be exponentially worse than 2008"


http://greensboroperformingarts.blogspot.com/2016/06/we-are-heading-for-crisis-that-will-be.html


By a continuing process of inflation,
 governments can confiscate secretly and unobserved…the wealth of their citizens.

John Maynard Keynes
Advocate of fiscal and monetary measures to manage economic highs and lows

Money from nothing; "ECB's QE bond buying hits €1 trillion milestone"


http://greensboroperformingarts.blogspot.com/2016/09/money-from-nothing-ecbs-qe-bond-buying.html

For imposing Taxes on us without our Consent

The unanimous Declaration of the thirteen united States of America


The Taylor rule and how out of whack the Federal Reserve made our economy


Find out just what any people will quietly submit to 
and you have the exact measure of the injustice and wrong 
which will be imposed on them.


Frederick Douglass


Excerpt excerpt of what our future holds

Ponzi finance units must increase outstanding debt 
in order to meet financial obligations.

... either financing costs rise, or income comes in below expectations,
leading to defaults on payment commitments.

Hyman Minsky

Toblerone chocolate bars are now 10% smaller, comment and links


http://greensboroperformingarts.blogspot.com/2016/12/toblerone-chocolate-bars-are-now-10.html


Have many betrayed their children’s future,
by indenturing offspring to finance a more pleasant present?

Think about it; Buy Low and Sell High, but there wasn't $200+ billion from Central Banks every month then


…the earth belongs to each of these generations during its course,
fully and in its own right.

The second generation receives it clear
of the debts and incumbrances of the first, the third of the second, and so on. 

For if the first could charge it with a debt,
then the earth would belong to the dead and not to the living generation. 

Then, no generation can contract debts greater than may be paid
during the course of its own existence.

Thomas Jefferson to James Madison