Bankrupting America 

Except it really isn't. Tax the rich politicians. Not just the rich in general.

jwboll Yes it is. Print $21 trillions, pay the debt.

Tyler Durden UK royal family wouldn’t allow that. They gotta make the living somehow.

a•muse I really hope you’re kidding...

Tyler Durden uhhh... I’m pretty sure the holders of the federal reserve notes might just disagree with you there... you can’t just erase the goods and services those notes purchased... Not only would that instantly crash our economy, it would burn all the bridges with our trading partners, thus crashing it even faster... According to your proposal, I could just declare my mortgage invalid but replacing the USD borrowed with Nicholas bucks... voila! House paid off! Things are so simple when you put zero thought into them!

Due to our debt based currency, that would be deflationary. This explains the problem well: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-iFDe5kUUyT0.html

Calvin Coolidge cut our government by about 40% .. was one big contributor to the roaring 20's

Ken MacDonald no

Good luck with that during a literal pandemic

@@naejimba - and refer to : ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-1t0CkzD-Bv8.html ... the best documentary on money ever made

Strangely, I wonder., that much as I realise its all come out of the Jekyll Island scam; could this world have reached its technological status otherwise? It's all mad and the world is full of crooks?

The government was still like that when you were growing up. It's not just Trump

@@TheBeatSmash Sure, he didn't start the fire, but neither is he stopping them from throwing more fuel onto it.

You can't compare the national government to a household budget. They are completely different-households don't create the nation's currency. We, the private sector, can only have dollar savings if the the federal government first spends the dollars into existence; it can't be any other way because where else would money come from? Savings can't come from bank loans. The only source of savings in the private economy is federal deficit spending. That's why this video is so wrong - they're getting reality backwards..

@@TheBandFiles Not backwards at all. What's backwards is the notion that we can spend, spend, spend with no consequences. If that is true, then why just a $2 or $3 trillion dollar stimulus package? Why not a $50 or $100 trillion stimulus? Give every American (and illegal) one million dollars and call it good.

@Dale Hauk *FCC should shut down. Fixed it for ya.

FCC is yet another organization dedicated to limiting free speech and the arts.. amazing

If we didn't have an FCC, Sinclair would own every news outlet in the country. If not Sinclair then somebody, Rupert Murdoch or his kids, and we wouldn't have free speech because you could only say what the monopoly wanted you to say.

Terra Acox Exactly why we need to penalize monopolies.

@@TerraAcox The FCC doesn't guarantee your right to free speech. It's called the first amendment to the U.S. Constitution.

They both got their cronies paid so they were both happy.

And laundering that money straight into their accounts. This money won't exist for what a thousand years bruh

This is our money being spent and it's not just for good of the people it's going to all kinds of things, like planned Parenthood

U.S. Politicians over 40yrs 30yrs 20yrs 10yrs have spent trillions of $$$$$$$$ LOVE SPENDING TAXPAYER DOLLARS on pet projects.

But one side is the side of pulling yourself up by your bootstraps. How quickly all that melts away when the rich need money

What Option do they had? Continue play dumb.

@Anthony Gomes "Increase productivity at a high speed" Will not happen. The lockdown has crippled the economy. Printing money in a liquidity trap is retarded. It's far too late to do anything, and the fed has not learned it's lesson.

@Anthony Gomes: I'm not quite understanding this. Serious question: Can you please explain why printing more money causes that money to be devalued. I mean, I agree that it does devalue the currency, as in the case they quoted - I just don't understand why. Does it have to do with the amount of gold and silver that the country holds? Thanks.

Go ahead and print it. All these Politicians will be dead in 20 yrs any way. OMG, I'm going to be too!!!

Thats why they replaced history class with "social"ist "studies".

Yes and the population and the economy were both smaller. Debt for the federal government is very different than debt is for you and me (the private sector), because the govt creates our money.

@@TheBandFiles is this sarcastic?

@@user-oz7pi6nd2l Not in the least. The US govt is the inventor and monopoly issuer of US dollars. The issuer of the currency stands in a very different, unique position than the users of the currency.

@@TheBandFiles Is there anything that would make the public debt unmanageable?

Our currency is maintained by the federal reserve. Which is neither a federal entity nor issuing off of a reserve. It is a private bank created by the Rockefeller’s, Morgan’s, and Rothschild. It basically controls everything about life, inflation, interest rates, stock market, policy. Remember: in a socialist program, the bank wins.

In the 6th grade (1967 for me), the US was still on the international gold standard. The world is not on a gold standard now, and this whole video is based on outdated myths. The federal government "prints money" every time it makes a payment to someone. The key is not to create more money that there are resources to buy with it-that's when inflation happens. (The govt doesn't really print the money, of course, I'm just using the common but incorrect parlance.)

@@TheBandFiles It's even scarier that they don't have to actually print it anymore. About the only way it could be easier is if the Fed was "wired" and could create money by simply thinking it.

@@huverdoose It's not about the Fed, it's about Congressional appropriations for needed programs. The Fed has no say in the matter. The Fed creates money to buy securities if banks need reserves. When Congress spends, the Fed, as the central bank, merely follows Treasury's instructions to make the payments. Low inflation and high unemployment tell us that we can spend more without inflation (or increased taxes).

@@huverdoose Almost there: The government creates money by changing the numbers in bank accounts. That's it.

@@TheBandFiles Great response. We've also created financial instruments that can tackle inflation AND we're really not at risk for hyperinflation, which is what deficit hawks fear, until we have debt levels at about 400% of GDP (We're at about 133% at the moment). We're also the world's reserve currency, control the SWIFT system and we're the petrodollar. We have a lot of leverage that austerity hawks completely ignore. I believe they like comparing government spending and budgets with individual household budgets and that's just a ridiculous comparison since individual households can't issue bonds or write-off debt or the dozens of other things that the government can do.

And then... for no reason at all...

Wrong

And then Hitler showed up and said he'll fix everything and world war II started

@@ericknudsen98 lmao

@@lordredlead2336 I mean he literally just wanted to stop the international banking cabal that controls the world but yeah he's the bad guy. sure.

z50 it’d be worse

@@MichaeldeSousaCruz how so, Mr. Prolific Commenter?

Now that is a man I would vote for

The central message here is that we cannot trust 'leaders'....any leaders. Power always corrupts.

Deadpool 34 This is how the economy really works, watch this: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-TDL4c8fMODk.html

Also, there are thirty to forty million people behind on their rent. A lot of landlords will be losing their property when they can't make their payments to banks which will be a foreclosure banking crisis. Whoever is president in 2021 will have a huge mess to solve and be blamed for. This will be as big a mess as the 2008 housing great recession that W handed off to Obama.

@@bobs182 I get pretty irritated when people talk about how covid devastated everything. No, the Federal and State governments devastated everything.

@@bobs182 Regarding rent- I have still managed to keep mine paid through various means, but here's something: since the time COVID hit, my landlord has had the BALLS to raise my rent TWICE despite the fact that every payment has been on time. I live in a 200 unit complex and people are moving out, mostly because of INCREASES, though some due to unemployment as well. Whatever you do, don't move to NC. People are moving out of Charlotte and The Piedmont Triad because they can't afford to live there any longer. Landlords squwak: "Rent is WAY cheaper here than in NYC, Chicago, SF, or LA" while failing to recognize that wages are lower as well. Honest to God, they act like a place such as High Point, NC (bumphuck) where the average wage is around 32K per year, should have rents matching those in places where wages average 100K per year. I got off topic- point I was trying to make is that if landlords here would just stop INCREASING the rents, they might do OK. We have people moving to AR, WV, and SD from here, to find cheaper housing.

@@caseyvee4419 I live in nc too and I'm glad you mentioned that stuff

People got so mad at me for saying this is a terrible idea to put millions of Americans onto forced government unemployment. Democrat friends said money isn’t everything you don’t care about lives Joel? And I’m like uhh yea millions of people will suffer more from unemployment and starvation and exposure to the elements if they can’t pay for anything if they don’t have money coming in.........democrats = crickets crickets crickets you know what I think I’ll go tune into the the John Oliver and Trevor Noah show I need some corporate propaganda right now. 🤣😂🤣🤣🤣😂

Kinda reminded of the birthday party obammy threw for ChinA in 2000 remember Y2KJumbo jets were going to fall out of the sky over little springs in computers or wahat ever , everything was going to fail unless it was the new improved Y2K proof B.S. Trump kag 2020 ilike putting this on here because it pisses off Dems.and I approve this message.

@@josephbragg5445 You clearly have no idea what you are talking about. I can tell from your awful way of spelling and rambling that you voted for Trump.

@@FUBARguy107 you strike me as an antifa kook and psychopath Nazi who likes to beat on old ladies ,old men and children and spend your money that George Soros stuck in your pockets When socialism gets here I hope you enjoy it cause it won't be what you think it is .And your ass will be on the line then

Bet congress didn’t tell you about the $50 million dollar raise they gave themselves in the “stimulus” package.

Your nailed it! COVID was the convenient opportunity to dole out money to people stupid enough to vote for the party in power. Bribe people with their own (borrowed / prinited) money.

A brilliant man!! Best wishes

good job. now come up with actual solutions instead of what you memorized in econ 101.

@@lolwtnick4362 1) Allow only single topic/expenditure bills, including the tax that will pay for it. Done!

I think the government needs to stop spending so much on stupid things All the beurocracy (can’t remember how to spell it) is an issue as well We don’t get anything done, because it has to go through thirty five different steps before it can happen Everything is always late, done poorly etc. the government needs to delegate to private companies for things more. But really, they need to stop spending

That man has to be turned into a vampire!

Call it Q.E. To make it sound more subtle.

They want votes by handouts.

These people have the power, the big houses, financial contingencies, armies: Sadam Hussein, Muammar Gaddafi, and the Kim Jongs: they all run/ran pauper countries and live(d) like kings. We don't matter to them.

Oh they will be gasping for air soon.... hold my corona(virus)

Government printing money and then spending that money = inflation Fed printing money, Government borrowing and spending that money = inflation + Debt The second scheme is way more stupid than the first.

Wesley Caspers right?!? They don’t represent the people!

Tears of laughter here--Touche' Wesley====

Not only Congress, bit the all powerful trump. They just drove this country into a socialist totalitarianism takeover. And we allowed it. The left is happy and the right is applauding trump for doing it

Wesley Caspers OPM Other Peoples Money !!

You’ll pay it back many times over. You don’t even know where and how. Tell you a secret. Tax Tax Tax !

You should be happy to know that many politicians are multimillionaires, Rick Scott, Diane feinstine.

Billionaires will simply move to Europe and Canada.

@@selfishcapitalist3523 Europe and Canada has higher taxes.....

it's easy spending other people's money.

@@kei2142 which would be shocking if I didn't already know that they are a bunch of crooks.

they're in lane with the flat eart believers.

They just came up with a new name "MMT - Modern Monetary Theory" and it becomes alright. They're so naive and ridiculous, that anyone in academics pays any attention to these nut jobs is truly amazing.

It works until it doesn't. And when it doesn't... boy it doesn't. Most Americans alive today don't remember a time when inflation affected them. People are in for a rude awakening.

The government being able to just print money is as ethical as me or you being able to just print money. One will land us in prison, while the other doing such will land them votes and more power.

people don´t care about the truth if they can have "free" shit even if it will lead to a collapse cause as far as they can see they are worthless anyway and their only goal is to steal as long as they can and than die

As I understand it from an accounting and tax professional, they're not printing money, they are just borrowing more, taking on more debt. Later down the road they might need to print money

DJToneRI who do you think they’re borrowing it from? Lol and where do you think the person they’re borrowing it from is getting the money hahah

MyCup Overflows You and me both! And when we go to negative interest rates? I’ve always been careful with money and been a saver and now the government is going to take it! I don’t know about you but I have faith that God will get me through it. Think about growing food and preserving food. Join a church. Talk to your neighbors. Buy things that will help you to survive. Good luck! I hope I’m wrong but it doesn’t look good. I’m worried about my kids. (Adults now). lol

Maybe they shouldn't get raises until their public approval rate is over 50%. If I had a 10% approval rate at my job, i would have been fired long ago, like anybody else.

They make a lot of money they’re salaries are amazing and some how come out making even more at end of year just playing game-of-thrones making stupid rules moving there chess pieces waste of money if u ask me

Nicegy019 Damn thing is, their salaries were all ready budgeted. This is 25mil. for bonuses!

they should learn to code at night after work

Robert kiyosaki mentioned that in his book.

@Jack Burton WWG1WGA!💪

@Mark Turner Not quite. All countries did it at the same time. We all devalued our currencies against gold. It wasn't until the 1940's that we decided to establish a new gold standard, Bretton-Woods, which is a 'partial' gold standard.

If the US is "bankrupt" then why does it still never miss a payment and everyone still accepts it in payment?

@@TheBandFiles The only reason the world accepts dollars is because we refuse to pay our trade deficit in gold, and we have the world's biggest navy. Come get the gold, tough guy. Otherwise, you'll take these US dollars and so will everyone else. Let me ask you a question. Which countries were the last to have gold backed currency and what happened to them? Did the US strangle them and install central banking?

same

No shut up

The news doesn't even cover Islamic terrorist stabbings in France...you know, just a couple killed and a few more injured...nothing to report there.

@ , well General, you ordered the most disaster military charge in US history at Gettysburg against the better advice of General Longstreet due to your "The South can win with nothing but honor" and an ego that didn't allow you to retreat, so you're kind of a fink yourself. .

Sid Whiting .... I get it.

@General Robert E Lee Isn't he just waiting until his third term to build the wall, lol.

What about climate change that is *GOING TO KILL US ALL!!!* Hard to maintain a phony crisis when there is a real one. #fightclimatestagnation

75 million is nothing compared to what the Democrats actually want to spend on their own programs

@@raffaelemancini1543 Spending is spending

We will remember what was priority to Democrats at this time of national crisis

He himself received a small loan of 1 million dollars from his dad, he probably really thinks it's not that much.

Peanuts.

Well a quarter is worth more

Wow, you're special.

300 million pepole time $1,200 equals $0.36 trillion. American tax payers are on the hook for $5.0 trillion. We got the sticky end of the stick. Again.

1200 dollars ?! Holy crap, in my country that is 6000 dollars

They gave $2000 in canada .

7 months later- it has still only been $1200., and they are tightening the lockdowns again.

@@geraldfrost4710 Taxpays do not pay for deficit spending, by definition. Not in the past, not today, not ever.

Nitesh Kumar seriously!

Nitesh Kumar wrong

@Don Lorenzo No that'd destroy the govt. Economy is not govt. Its the opposite actually. Besides, dont we all agree that taxation is theft?

wrong. it'll destroy local government. the feds don't care. the poor will fight it out over pennies. the uncivilized will rise up. gangs and small wars will break out trying to claim new territory.. see where this is going?

I'd rather see every current elected official voted out first.

But I thought Bernie already was an economic genious 🤔

*takes deep breath....... ahahahahhahhaahahahahahaa!

rallyrat ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-H47ow4_Cmk0.html

All this spending by Bush, Obama, and Trump are just a skipping stone to the levels of spending Bernie would have.

Gotta convince those "sheeeps" :-)

Someday, one of the political parties will run on debt repudiation. Future generations are not obligated to pay our debts. Someday, a U.S. savings bond will be worth pennies on the dollar, and justice will be served.

At least you and I know what we are! lol.

I’m 32. I feel the same way. It looks bad. I’ve given up hope that anyone will do anything until the country is completely bankrupt.

@@DaveSkylark111 Saldy I feel like we're the generation too far removed from the horrors of socialism, that we'll end up repeating their mistakes when that happens... unfortunately there's just too many our age that think its a good idea

Who knows what insane 2nd stimulus package these clowns will come up with. $10 trillion? The democrats have to one up donald deficit spending trump.

This legislation is full of bailouts, pork and crap. A lot of crap can fit in 800 pages, and Congress votes without having read the legislation. Slow down and read the whole bill before voting.

I get giving money to people and small businesses struggling right now. But everything else in that bill was bullshit.

I was hoping President Trump had a strong enough backbone to stand against the America destroying demoCraps when they slipped 1200 pages of crap, special interest (in including their own pockets) pork and sh*t bills (like the absurd Green New Deal) they couldn't get before passed before into something and actually pass it without a vote. Not just in the House but in the Senate too. 49-0 was not a vote....that was a stand down Americans, bent over and we're not even going to use Vaseline. Just goes to show how true the saying is... The most frightening words you can ever hear is... "We're from the Government and we're here to help.". 😥😠

mpat511 unfortunately they had them up against the wall. If trump blocked it, the media and sheep would have crucified him, and if it was help up any longer many citizens would have suffered. It sucks and it was evil. Just remember who decided to block it and add the bullshit in to the bill, and do something about it this November

@Michael Hemsley how did it go worthless and why did they stopped converting gold into money? Please tell me I'm new you these things and you seem informative

@@ShubhamMishrabro You see, during the old times, WW2 and beyond there was this thing called the Gold Standard. Now, what the Gold Standard did is that it tied exchangeable currency notes (money) to gold. Countries would be filling up or depleting their treasuries with certain amounts of gold, thus stabilizing and facilitating keeping a low inflation and stable growth. However, during FDR's presidency and in my opinion his biggest mistake 2nd to the New Deal, he decided to move the US further to fiat currency. Fiat currency is supposed to be money tied to a nation/government's power. It essentially means that the money we hold in our hands is imaginary and can only be given value by us and the government, not a physical good such as gold. This system is TERRIBLE as it requires a central bank and a lot of money printing to make it work. So why use it if it's so bad? Well, people who supported a change to fiat currency had this really stupid and ignorant idea that the Gold Standard actually held back growth and economic potential. Fiat did nothing, but bring problems that shouldn't exist such as hyperinflation. The Gold Standard did not "hold back" economic potential, since free banking reigned at the time there was no money printing to expand the money supply. But, people still believed this lie and that's why it happened. Hope this helped.

@@restitutororbis964 ohh thank you for explaining. And I have one doubt in fiat currency if more money is required they print more money thus it's value decreases and inflation increased?? Isn't this the problem and in gold standard gold were sold more as it increased value and no money was printed when more money was needed?? please correct me if I'm wrong. And what was new deal?

@Michael Hemsley ohh shocking

@@restitutororbis964 But isn't gold also imagery? It's as useless as a bill, but their is only a few of it compare to other resources, which is where I see your point why gold is good, a few of it, but in theory it's the same as a bill, it's because we give gold value is the reason why it's worth using it.

@Zachary Thomas It's called a "paraphrase" just for the records...

George Carlin is full of shit. He was in that club, and it isn't private. But its not easy to get into. Moreover, that comment has nothing to do with the content of this video.

@@user-fj4en7cq8d Did you earn your $ 0.50 with this comment comrade?

@@freedom_aint_free ah my name is in chinese so you think I'm a wu mao ding. for criticizing george carlin's nonsense. they guy made a career convincing his audiences their lives were hopeless. what a scumbag.

Kyle government spending creates money

@@MichaeldeSousaCruz bro your life must be so sad

@@MichaeldeSousaCruz, not quite, dude. Innovation and invention create value, not the government.

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-bmtEGNdee2Y.html

@@carsonrush3352 Ignore him, dude. He's just copy pasting the same trolly crap on every feed. Could be a bot.

Isn't that exactly what Gold means as well? What different civilizations say what gold is worth? Gold was only ever popular due to how "pretty" it looked and how rare it was to come by. Which is also why Silver was also a common currency in countries that didn't have a lot of gold, or just didn't care for gold.

@@pharaoska658 No, gold is finite. Faith, credit, etc aren't.

@Logan Waltz no true, if you are out of toilet paper, gold won't help you but federal reserve notes will

Sorry, won't happen. Politicians don't have that level of common sense or generosity.

There's no way we can address the debt at this time. If the economy didn't receive proper stimulus at this time, there would be a total collapse of the U.S economy. Stossel may have simple populist appeal but he has absolutely no clue about what keeps a macro economy afloat.

The problem is THEY would have to be the ones voting on it. What incentive do they have to vote for things that would hold them accountable? They know they're just gonna get re-elected anyway.

@Logan Waltz Under normal circumstances the market can heal itself, under circumstances like a World War or a pandemic like this one, government can provide stimulus to get the country on a normal track again. Yes, they will make some mistakes.

@Logan Waltz We are tying the debt to GDP ratio of WWII. From here on, this will be a brand new record of GDP to debt ratio.

And keep printing it will lead to hyper inflation thus the debt value is same it's just increased as dollar increased

To late now unfortunately, usa is a dumpster fire, get ready to find a new country.

I was trying so hard to explain this to my girlfriend but she I don’t think she grasped it at all.

Jay Liu we’re F’d

Dey can't read dat much in school, Jay.

Duane Cox it’s bad enough that they get all the other benefits. Free transportation, first class tickets, healthcare, armed guards, congressional aides, second homes, it’s endless.

Canada's MP's voted for pay raises this month as well, in addition to increasing taxes on the citizens. And we have a PM who charges up more than $350,000 for meals and alcohol in less than six months of flights.

Or just have no idea about it. Most millennials don’t understand economics... Most of my friends are Bernie supporters that want the government to pay for everything. But they don’t see nor understand how the government doesn’t have any money... it’s all owed!

We have a system of currency that doesn't allow any other option: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-iFDe5kUUyT0.html

Tell that to Bernie Sanders and his bernbots...

Increasing minimum wage is the same concept and people seem on board with that too.

@@tomasgomez9925 economics explained did a great video on MMT i think u should watch.

@Tuatha DeDanaan When commenting on RU-vid I don't take grammar that serious, I think content is more important than form. Find better arguments as bad spelling and people might take your thoughts a bit more seriously

Or foreign properties or citizenships.

Lmao...snowballs chance in hell getting criminals to handcuff themselves & lock themselves in prison...never happen...

I like your ideas! Don't forget a national flat tax! It doesn't matter how much you make your tax rate is fix all across the economic classes. I believe that would help out as well.

Worth it....jk

I better learn how to brew, I'll be a millionaire.

I'll drink to that.

@Tuatha DeDanaan says the guy who refuses to use proper grammar.

@Tuatha DeDanaan no ur dum

When you think "your" means "you are" you're not impressing us, you're embarrassing yourself.

@@mattfoley6082 I don't really care.

We just have to shred some later , no worries .

Nah, you won't feel like a Democrat until that's what you want to happen. So long as you desire something better, you're still a conservative. 👍

@Jeremy Cremen Fortunately, my work schedule hasn't changed one iota. I'm still going to work the same days as before, and business has picked up substantially for us these past few weeks (I work in the IT field). I'd be irked if I had to sit and home and do nothing, though it would give me time to do some cleaning around my apartment, I suppose.

@@Jito463 i got confused today at work by a lady wanting a box of eggs instead of a carton... felt so stupid i swear i was turning into a republican. Then i remebered that built a pole barn in about a month, made me feel like a true american one that doesnt believe in the communist i mean republican party.

@@chrishammer4821 One mistake there, the Democrats are the commies. The Republicans are just Democrats-lite. That's why I'm neither.

I'm actually liking this though since I don't get paid vacay this shit is awesome I'm getting shit done that was neglected due to 80 hours a week for the last two years

Probably cuz it's a bad idea

@@vincentcollado277 how is cutting wasteful spending for ridiculous stuff, like luxury-parties for Politicians, a bad idea?? 🤔 i dont understand ...

Naruga Kuruga wrong

How is that wrong? Cutting spending would work very well, but good luck accomplishing that. Everyone in DC is terrified to propose it because it means someone's head is on the chopping block, but it would get us out of this mess. Cut spending and maintain or slightly raise taxes would create a surplus that could be used to pay off the debt.

If we kept spending at current levels they'd have to raise all income taxes by 20-25% just to have a balanced budget. Cutting spending has to be a large part of the solution.

We have a DEBT based currency, and until this is addressed these solutions cannot possibly work. This explains the problem in depth: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-iFDe5kUUyT0.html

@@billbright100 reform healthcare to a system like singapore to spend 4% GDP instead of our 15% GDP(Just the public spending not the private) legalize drugs guns prostitution and gambling to increase revenue and decrease spending deregulize more the economy cuth the army cut politician salaries reform pension scheme like in australia...

SoHo sell it to Mexico 🇲🇽

Vika Pepper wrong

England just finished repaying their WW debt not that long ago. Our future generations will never fix this mess

That burden will be on me & the future adults. I don't know how we will fix this mess.

Nothing is going to change as long as Americans keep sitting on their arses doing nothing but pissing and moaning!

The people that came out of the last great depression became known has the greatest generation. Don't be afraid.

Demonic Sweaters yeah, seeing as he did _exactly_ what he decried as irresponsible, doubling our debt in the process...

so is Melania Trump...

@@Big-Government-Is-The-Problem - Melania Trump is honorary on the board, but i see your point. I went and looked up the board members which has many from congress on both sides.

Obama’s chief of staff Democrat Rahm Emanuel: “You never want a serious crisis to go to waste...it’s an opportunity to do things that you think you could not do before."

@@dougmoore4653 Clearly a conflict of interest. Congress members shouldn't be allowed to sit on ANY boards.

To cover the inflation they're about to create

They aren't out here in the shit with us, they don't need to care... so they see the crisis as nothing more than leverage.

Speaking of history, I'll bet you need to look up who said that.

AmeriKan Liberals are either too "high" to remember :-)

@@koichinishi9075 It is a complete crisis caused by capitalism.

@@kimobrien. Look at yourself and commie buddies in the mirror. Your idealism never works. Saying bit very nicely buddy.. lol

@@koichinishi9075 Capitalism is based in the nation state but operates in the world market. The world market is finite so competition for those finite markets breaks out which leads to trade war and then real war. Globalism is not the direction the world's national based capitalist classes are and will take. Instead the are already entering into trade wars over who gets to sell what at a profit where because they have all entered an era of overproduction. The ability of capital to make more than it can sell at a profit. Our ideas are based in materialism not idealism. Idealism is where you get together decides upon ideals like say those expressed in the bible and try and make everything fit into that box. With Marxism we start with facts and draw generalizations from those facts. We aren't always right but we are right more often than wrong. Let say our ideas are too idealistic. Well do you think world war III will provide the final fix for capitalism?

MMT is not "simple printing" - so much for those "academics" who don't know what MMT is.

Yep, assuming they don’t ban most handguns and rifles like the bill they are currently working on, then that would be the way to go. But ammo goes bad after a while, and most guns will probably be confiscated soon, so maybe precious metals for long term. However ammo and alcohol are always something a farmer will trade food for, copper they don’t give a rats buttocks about, but gold they might just because everyone else values it for some reason. Growing food is always a great idea since it doesn’t cost much at all to startup (though currently not worth the time and effort, but that’s coming from a farm kid because it doesn’t make much by the ton, but it is sure better than not having food!) Firearms are almost the only thing that retain value (buy one used obviously), and along with providing security for your family, food on the table by hunting, it’s also just great fun knocking some cans over and having a blast with your kids, so overall they are almost never a bad investment (keep you fed, keeps you safe, keeps you happy, what more could you ask?)

Jake Garrett ur funny. Ammo goes bad. If u keep it dry it lasts indefinitely. I.e. I have Russian ammo over a hundred years old. Shoots like it was made yesterday.

@@jakegarrett8109 Are you just ranting BS because you can't leave your house?

@@jakegarrett8109 gold is a valuable commodity because it doesn't oxidize, its a pretty good electrical conductor, and it is very malleable. It also looks pretty. Same thing with silver. Both of them are pure elements, not alloys like steel.

Vera 1957 I do have to leave my house daily... My routine hasn’t changed at all (if anything I’m outside way more enjoying flying my toy quadcopters), my job is listed as critical for national security, and since the roads are empty I’m enjoying empty streets to really spool up my RX-8 (not that I don’t always floor it anyways and spit some flames out the tailpipes and have my face pressed to the glass as I don’t slow through intersections at 50 mph), so literally nothing has changed except that it’s nice and clear for me to do whatever I want. Even the office is half empty so it’s nice and quiet so fewer distractions. (Also since my boss isn’t there, I can show up 30 minutes later like today, haha!). I only wish I didn’t have to work, as then it would be like vacation (plenty of time to design indoors for fun, 3d print things, weld up a project bike, and fly even more or play video games). I don’t like traveling on vacations, I call them “staycations”, I simply have everything I want right here.

We do... For controlling _communication_ (channels and means), *not speech.* "Putthatthingback whereitcamefrom, or, so help me, SO HELP ME!"

@fartwhif Sure set up another Batista Military dictatorship and we will grind into dust.

@fartwhif Right. So the mobile phone industry can keep putting up towers and then intrude on over-the-air TV frequencies. Companies can just go and dip into the amateur radio bands. Anyone can sell anything that can transmit or receive in military-use frequencies. Anyone can put out a device that just emits nothing but noise and interferes with everything else. That's not going to happen through cooperation.

@Umh Chud Blah

@@lukesmith3283 What?

Chuck Schumer said we might need two more stimulus bills 😎

Shit, give me another 1200$, I been giving the government over 5m$ in my lifetime, so... 🤣

I disagree. If he had the power to he'd be a good president that thinks for the people. Please read my last sentence, he obviously can't with the current greedy politicians' battlefield.

@Ken MacDonald Thanks Captain Obvious, my original meant to say that he'd fail running for office with the current dishonest system. But no, he won't fail if he's got the power.

All that money is fake. Rake up the debt take control