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Paul's avatar

Great write up, thanks!

I noticed a typo: it's "Yellen", not "Yellin" if you want to fix this.

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Roy Gray's avatar

According to the national debt clock real time says just the unfunded liabilities is north of 213.6 trillion dollars . That doesn't include the failing banking sector , that's north of $1 quadrillion dollars ..... Yes quadrillion .

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gkamburoff's avatar

I smell Russian hackers.

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bob hdr's avatar

No, that is just FJB and Pelosi walking by in need of a diaper change.

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gkamburoff's avatar

Thanks for revealing your level of thought and civilization.

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HardeeHo's avatar

Since creation SS has been a Ponzi scheme that cannot survive without a growing population, which we are not. It's a tax like any other so should be means tested. Stop pretending that it's not welfare.

Politicians win re-election by bribing the public but given the current debt, they must reform. Can they?

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Unsteady's avatar

Our representatives have no ability or desire to make hard choices, so the likely result will be an inflationary spiral where everyone has plenty of money, but prices are so high you can’t afford to buy much of anything.

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Bruce Eden's avatar

We've heard many times that we lost the Revolutionary War to the British and French (banks). The Civil War also. When the British stopped supplying the South with goods, ammo and guns because the North was beating them by attrition of 400,000 Union soldiers, the Banks pulled the plug on the South--hoping the South would win and the British would take over again. Over $50-$100 TRILLION is now in 3 mega funds controlled by the Banks--BlackRock, Vanguard and State Street.

It's funny that you mention "we're fucking done". I passed by a Habit Burger chain store last week and they were paying $25/hr. for an assistant manager. $1000/wk. for a low tier manager! Corporations can't get help anymore. People are on to them keeping the minimum wage artificially low, while the corporate hierarchy rake in millions in their salaries, stocks, and golden parachutes. People I talk to say they'd rather not work and do a start-up on the internet, because it doesn't pay to work anymore. People have told me if they had taught governance and financial systems in school (like they did when I was going to school in the late 60s and 70s), they would have never allowed this B.S. to happen. The Tavistock training system was started in Japan after WWII to jump start their economy after the devastation. The Japanese didn't know any better and have just realized it was all a scam and have stopped killing themselves as "good little worker bees". It started in the 90s for them; that's why they had a recession. The recession was caused by the Bankster families and the World Bank. Yet, they're still here and getting stronger. Same as happened here in the U.S., as you've brought to light.

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Ruth H's avatar

All 3 recommendations are on point. Massive fraud needs investigated and prosecuted. Stop giving illegals any benefits. They came illegally and should not be allowed for any public assistance. The working citizens paying these taxes should be the only beneficiaries of SS and Medicare.

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gkamburoff's avatar

Nonsense.

They get no benefits.

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Bruce Eden's avatar

Pull the plug on government spending, and do what Argentinian President Milei just did--cut out the "deadwood" governmental agencies and start laying off/firing deadwood government employees. Here we could do the same with no problem, as well as stopping sending $400 BILLION/YEAR in foreign aid to our enemies, and stopping spending $400-$500 BILLION/YEAR for illegal aliens in our country who are getting free healthcare, free education, free housing, free legal services, free food stamps, welfare, etc. stolen from American taxpayers.

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Dan's avatar

Now add in unfunded liabilities for the states. Can you spell financial armageddon.

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jacquelyn sauriol's avatar

But they are moving to balance the books! With the genocide!! Would like to see a calculation of all the money they have 'saved' by killing off both retirees and working age people, say above 40. I heard that everytime the jabs kill off a citizen, a little bell rings at the SSA. /s

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Bs2023's avatar

You are so right. They can't meet the retirement obligations because they already had stolen and spent the money. So, the next step is killing off the American citizens.

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Mar 4, 2024
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Bruce Eden's avatar

Do you know why the Rothschilds family of Paris and London has $400-$500 TRILLION dollars of immeasurable net worth???? Because the United States government (not the United States People) are too stupid to stop giving the money to them under the fraudulent guise of the "debt"!!!!!!!

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Robin G's avatar

When OUR MONEY. The American Citizens money of which WE Worked for..Is handed out LIKE CANDY To people flooding our borders..THAT SHOULD BE FUNDED OUT OF THE SANC CITIES DEMS AND RINOS PERSONAL BANK ACCOUNTS ..of those Who support this stuff ! AND OUR OWN HOMELESS and Mentally Ill

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Les's avatar

Maybe it's time to tax the remittances of these illegal migrants. We're subsidizing them with all these freebies while the business owners pay them sub-minimum wages.

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