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Re: Does Anyone Realize Trump is Risking His Life for Our Country? 

By: micro in POPE IV | Recommend this post (1)
Fri, 04 Mar 16 6:12 AM | 79 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 04375 of 47202
(This msg. is a reply to 04370 by Decomposed)
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Hi De!

Well, you know I am not for monetization. WHat I would project is a HUGE increase in revenues flowing into the treasury from a booming economy, kind of like the Reagan years, the difference being that we are NOT going to spend MORE than we are taking in. We are going to REDUCE spending levels from what they are presently dramatically. Then we will take the massive amount of increase in revenues and combined with the shutdown of multiple worthless agencies and returning things back to the states, we should be able to come close to doing what I suggested.

Do I have the guts to do that?

You better believe it...

micro...


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The above is a reply to the following message:
Re: Does Anyone Realize Trump is Risking His Life for Our Country?
By: Decomposed in POPE IV
Fri, 04 Mar 16 3:40 AM 		Msg. 04370 of 47202

micro,  

re:"I can balance easily the Budget and Repay the DEBT and return the stolen money in maybe about eight years."

I was with you right up until the end. But the quoted sentence above suggests that you might not know what's involved.

Unless your plan includes defaulting on Social Security and Medicare obligations...

If you do that, then it might be possible to repay the debt in 8 years. But you'd kill a lot of people in the process. Would you have the stomach for that?

The only other way I think you could actually repay what we owe would be to monetize the debt. That is, to print enough money to pay it all off. I'm sure you can guess what the side effects of that would be.

Or will be, since that's what the powers that be are striving for today. Monetization of debt is the big Keynesian plan. It involves screwing over a huge number of people, but that's okay to the leftists because they think that the victims can afford it. 

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