Real World Event Discussions

Trump's Budget

POSTED BY: JEWELSTAITEFAN
UPDATED: Monday, July 13, 2026 16:10
VIEWED: 32160
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Friday, April 7, 2017 6:26 AM

Quote:

Originally posted by DREAMTROVE:
Quote:

Originally posted by JEWELSTAITEFAN:

Bond holders did not purchase 9 Trillion Dollars, or loan it to us - that was foreign countries, namely our enemies.



As Ron Paul said: Then we have to pay our enemies back.

But you know numerically, it's bond holders over foreign debt by leaps and bounds. Still, we have to pay back China, who isn't really an enemy. If for no other reason than that if we don't, our word is worth nothing


Care to lay out some numbers? Bonds Vs. Debt? And compare current bonds to bonds circa 2006, before the runaway budget bloat.

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Friday, April 7, 2017 8:41 PM

Quote:

Originally posted by JEWELSTAITEFAN:

Care to lay out some numbers? Bonds Vs. Debt? And compare current bonds to bonds circa 2006, before the runaway budget bloat.


Maybe later. I've done this one before. I'm sure that Obama's fake money plan tapped the federal reserve because he spent a ton of effort on tweaking the rules and none at all on positive foreign relations.

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Wednesday, April 12, 2017 6:16 AM

Quote:

Originally posted by DREAMTROVE:
Quote:

Originally posted by JEWELSTAITEFAN:

Care to lay out some numbers? Bonds Vs. Debt? And compare current bonds to bonds circa 2006, before the runaway budget bloat.


Maybe later. I've done this one before. I'm sure that Obama's fake money plan tapped the federal reserve because he spent a ton of effort on tweaking the rules and none at all on positive foreign relations.


Is it later yet?

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Wednesday, April 12, 2017 9:20 AM

Quote:

Originally posted by JEWELSTAITEFAN:

Is it later yet?


Nah, not until I run out of stuff that I get paid to do so I can suss out the flaws in federal accounting again.

The main point was, on the pie chart, it looks like foreign debt is 1/3, but the problem with that is that it's clumping as "the chinese" some guy in China who happens to have his money in US govt bonds together with the govt. in Beijing. This balance sheet shows it's about 65% national, so the foreign debt issue is not as serious as it looks. Meaning, we can pay off our national debt to China, and prevent China from influencing US policy. If Li Hiang is working for Price Waterhouse Cooper in Nanjing, and has some of his money in an account at Fidelity, in US govt bonds, what he's not doing is dictating US policy. He's probably an asset to our economy rather than a liabilty.


This means we can deal out this debt that threatens the independence of the national economy down to under $4 trillion. http://ticdata.treasury.gov/Publish/mfh.txt
Renegotiate inter-agency loans and the FED, and then you're left with the bond holders, who aren't a pressing issue. If necessary, roll the bonds over. Just get rid of the destabilizing $4 trillion.

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Wednesday, April 12, 2017 9:29 AM

I say we just ditch the US dollar and start trading in bottle caps and China can go fuck itself.

And for all the kiddies that think I got that from Fallout, they actually ripped that off of Scrooge McDuck first.

https://en.wikipedia.org/wiki/Tralla_La

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Wednesday, April 12, 2017 10:19 AM

Crypto-bottlecaps

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Wednesday, April 12, 2017 12:36 PM

https://coinmarketcap.com/currencies/views/all/

Bottle caps are just barely edging out "TittieCoins", but are beating the hell out of FireFlyCoins right now.

I have no idea what I'm looking at.

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Wednesday, April 12, 2017 8:24 PM

Quote:

Originally posted by 6STRINGJOKER:
https://coinmarketcap.com/currencies/views/all/

Bottle caps are just barely edging out "TittieCoins", but are beating the hell out of FireFlyCoins right now.

I have no idea what I'm looking at.

That's a list of alternate currencies by the total dollar value (market cap) of the outstanding units of currency in circulation.

There's a firefly coin. I did not know that. That's awesome.

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Thursday, April 13, 2017 5:48 AM

Quote:

Originally posted by DREAMTROVE:
Quote:

Originally posted by JEWELSTAITEFAN:

Is it later yet?


Nah, not until I run out of stuff that I get paid to do so I can suss out the flaws in federal accounting again.

The main point was, on the pie chart, it looks like foreign debt is 1/3, but the problem with that is that it's clumping as "the chinese" some guy in China who happens to have his money in US govt bonds together with the govt. in Beijing. This balance sheet shows it's about 65% national, so the foreign debt issue is not as serious as it looks. Meaning, we can pay off our national debt to China, and prevent China from influencing US policy. If Li Hiang is working for Price Waterhouse Cooper in Nanjing, and has some of his money in an account at Fidelity, in US govt bonds, what he's not doing is dictating US policy. He's probably an asset to our economy rather than a liabilty.



Quote:


This means we can deal out this debt that threatens the independence of the national economy down to under $4 trillion. http://ticdata.treasury.gov/Publish/mfh.txt
Renegotiate inter-agency loans and the FED, and then you're left with the bond holders, who aren't a pressing issue. If necessary, roll the bonds over. Just get rid of the destabilizing $4 trillion.

This certainly looks like "foreign investors" account for more of the debt than any other category. Which is what I expected to see.
So hopefully you can find some data to contradict this image.

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Thursday, April 13, 2017 6:10 AM

65% of those foreign investors are govts, and 35% are indidvudals holding bonds. The fact that they are not US citzens has nothing to do with the fact that they hold US Govt Bonds.

Ergo, 22% of the debt is foreign debt. This slice of the pie has gotten a lot larger recently.

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