@Michael A what else is he supposed to do ? half the republicans are truly democrats who love big government. It’s not his fault they was elected it’s we the people’s.
it must be both parties because as I see it both sides spending is out of control & since they all receive paychecks why don't they use their own money instead of the Taxpayers & the Senior Citizens & one I don't understand how they all can sit up to their complaint about this & that when they do the same thing which it lie so I think they should practice what they all preach which is nothing but I wash your back & get the Taxpayers & The American people money but once the Rich has never been tax just a very small tax so who is lying now. So both sides are lying to you like always. The real liars & Karma!
@Michael A Next to the endless list of politicians who do not understand simple math or the devastation of a devalued currency in a world where anyone with two brain cells to rub together is eventually going to understand that Fiat currency is a losing proposition, having someone who is sounding the alarm about "quantitative easing" is a rock star in my book comparatively speaking. Having someone in congress or the president stand up and say that 3.4 Trillion dollars is not going to cost a penny, is either dumber than i could ever imagine or they think the rest of us are idiots and they need to do the thinking for us. No thanks! i understand economics, i understand currency, i understand deficient spending and I understand that eventually this irresponsible governance will cost more than anyone cares to believe. You cannot run the entire country as a huge Ponzi scheme forever.
@@reallife2849 Exactly! saving the country from economic disaster is a bipartisan issue if there every was one. The fact that policies cannot grasp the danger of devalued currency to this extent. everyone wants to go to war on social media instead of understanding that we are all in this nightmare together and if someone is trying to solve the problems instead of exacerbate them we should support them
I'm sorry Great Grandchildren, I was unable to stop this madness. I couldn't even buy a coffee yesterday I can't imagine how bad it's going to be for my Great Grandies.
The so-called federal “debt” is the total of the dollars in all T-security (DEBT) accounts. To pay off the “debt,” the federal govt merely returns those dollars to the account holders. No tax dollars or future taxpayers are involved. CONTRARY to what you repeatedly are told, your children and grandchildren will not pay off the “debt.” No one will. Paying off the “debt” merely involves the return of existing dollars. Thus, the “debt,” no matter how large, never is a burden on the federal govt, nor on taxpayers, nor on the economy.
@@steved2667 You know one of the the top 2 largest holder of government debt is the Social Security Trust fund? If the debt is cancelled then how do retirees get their funds? Do we re-issue the debt we just cancelled to external creditors like private investors, foreign governments, etc? Well at that point your little bookkeeping gimmick falls apart. What a silly notion someone has taught to you. I’m a big fan of Thomas Sowell, and he would say what you described is so reality-detached and delusional that ONLY an intellectual (think an academic essentially in his definition) could dream of it and ignore the empirical evidence. Joan is right: government debt is an EXPLICIT wealth transfer to present generations from future generations.
@@whygohome172 Irrelevant whataboutism. The answer is corrupt politicians: I certainly don’t support all the military adventurism and neither do most people I know.
Funny how spending $300 million dollars a day for a war in Afghanistan was acceptable, but spending $300 million a day to help fellow Americans is unacceptable.
@ Carol Pominville The 300 million is buying votes. The people will get some crumbs and will feel grateful so they will vote Democrat. Have you ever pictured that? have you ever asked if the 3.5 trillion fake infrastructure is sustainable? It will come out of printed money so how many pieces of green paper in your pocket will satisfy you.?
The older generations had the New Deal, taxes on the wealthiest were 85% - the wealthy had to share with the rest of society. Now the 60 largest corporations in the US pay NO tax at all - they hide their money - and pay their workers a pittance. The older generations lived in a different time.
Age has nothing to do with this evil, however if you wanna examine the numbers take a look at the median age of those responsible then perhaps rethink how you feel about young fools
Rand Paul, you voted for the National Debt, and now like Trump you do not want to pay your debt. Where was your mouth when the expenses incurred. Were you taking up your b…..,and now you are spewing filth.
@@DavidDLalsa : Thank you. Exactly my sentiment. Same goes for AlL Republicans who are so much in arms right now, but were all smiles when trump gave them all a big tax break. It was crickets then.
Almost everyone in Congress will be worth much more than when they started, regardless of party. But, of course, that itself is a different story or issue. The U.S. has one of the highest corporate tax rates in the developed world. The combined federal and average state tax rate of 39.2% in the U.S. was the highest of any nation in the Organization for Economic Co-operation and Development. The majority of federal revenue comes from individual and corporate income taxes as well as social insurance taxes. When individuals and corporations earn more money, they pay more in taxes, and thus federal revenue increases. Alternatively, if they make the same amount but tax rates increase, the federal revenue will also increase. Decreases in federal revenue are primarily due to either individuals or corporations making less money or decreasing tax rates. There are less than 8 million businesses in the USA with paid workers. There are about 32 million registered as a business but with no employees. There are approximately 176 million individuals that pay taxes. That turns out to be about $1.6 trillion for individuals and about $263 billion for businesses. It used to be about $400 billion for businesses, but the corporate tax was reduced by both Obama and Bush and then again by Trump in an effort to energize the economy, which was in trouble (as it is now). Private individuals drive about 70% of economic growth. Increasing taxes and increasing spending is the exact opposite of what should be done, but apparently, no one in the Biden administration has studied history or economics. So, except for companies claiming to be failing and making no profit, they are paying taxes. There are other means to lower tax rates, but that is all due to Congress's laws since 1778, so don't blame companies; they're only doing what the law allows. Even those in Congress take advantage of tax laws and pay as little as possible while potentially taking advantage of insider trading (though no one is ever charged with this or investigated over it). Go ahead and overtax business (USA businesses already pay more than almost all other industrialized nations) and see what happens in the end. Costs are either pushed down to consumers, product quality is reduced, workers are let go, or the business goes overseas to seek more profitable operations. In the first 170 years of America, the US Government tax revenue was roughly $1.1 trillion total for all years combined. The year 1990 was the first year that revenue increased past the $1 trillion mark per year. Within ten years, it grew to $2 trillion a year. Within 14 more years, it was now at $3 trillion a year. So we're now at about $3.8 trillion in revenue per year. But the Government spends over $6 trillion. The Government keeps spending on social issues affecting a minority of people and thousands of grants for dubious projects with zero return on investment. The United States, just like all other nations around the world, is finishing up from the C0VID debacle, which crushed the American economy (the stock market is not the US economy), and what we should be doing in Congress is switching to a contractionary fiscal policy and reduce the deficit and national debt by not spending on anything that is not 100% mandatory to keep the core functions of the Government running. We should not be spending on infrastructure or anything else until after 2022 to see how well America can come out of this C0VID debacle. Spending massive amounts of money that we the people (aka the Government) do not have is not fiscally responsible or wise. Even the Trump administration spent way too much money, and they should not have. Now that the administration has changed party and leader and is under the Biden administration doesn't mean fiscal irresponsibility should continue and cause damage to everyone in America both now and into the future for many decades to come. We need to turn America from having a massive debt to zero debt and hold our leaders to that style of Government. You can't be a fool with your money at home, so why should the Government be allowed to be a fool with our money too? Sooner or later as the cliche goes, you'll run out of other people's money by going down the socialist road. If it is in your core to live a socialist lifestyle then move to one of the other countries that tax people crazy amounts and provide mediocre services. One gets tired of hearing how country x does this and country y does this and yet ALL of them have mediocre services at best compared to what we have in the United States. Most Americans don't want to go from having the best to having the middle of the road.
@@surfingsub5854 Socialism? No, I have no interest in other people's money. I have no interest in national governments or global corporations either. A modern nation is an empire, spawned by colonialism. Usurping human self-governance and culture, everywhere on the globe. And the ongoing pattern of destruction and assimilation of the people and resources of the indigenous world that has marked the progress of empire, facilitated by the industrial devolution, sickens my heart. Keep your theories and interpretations of how empire can work. It deserves to fail, and it will. With no help from me.
I am struggling just to get by health insurance, rent power bills,shameful for the American citizens to watch freedom and the American constitution burn 🔥🔥🔥🔥🔥🔥🔥🔥 shameful 😑
Agreed. They'd rather complain on social media run by the very people who despise them while sitting on their rear ends waiting around for (the delusion that) Trump will somehow swoop in and save them. God forbid they actually lift more than a finger in opposition to the powers that be. All the while, more and more of their freedoms are steadily stripped away and STILL WE THE PEOPLE DO NOTHING?! To my fellow Americans: Stop sitting around complaining! Stop being passive in the face of these tyrants! Stop waiting around for someone, be it Trump or some other person, to save you! It simply isn't going to happen! No one is going to save you! And sitting around complaining isn't going to fix things either! Stop talking and start doing! Organize! Get angry! Protest! The only ones capable of saving we the people is WE THE PEOPLE OURSELVES!!! Remember, the one surefire way to ensure evil succeeds is for good men and women to do nothing! AND THAT IS EXACTLY WHAT WE THE PEOPLE ARE DOING!!! EVIL IS SUCCEEDING WHILE WE THE PEOPLE DO NOTHING!!!
@@leonardallen7380 That's EXACTLY what I'm saying. But it's also extremely frustrating watching as our freedoms and country are stolen from us and nobody has the BALLS to do anything.
@@timvanhoeck7018 💯 Agreed! But this is a sticky wicket. Parents ARE doing something about it...and now they have been designated Domestic Terrorists, and *7* agencies have been gathered to silence them...whether their crime is Fed or not. J6 is a crucial lesson. Stay away from the Feds, they lost their fkn collective mind! It's time to turn to state governors and *demand* protection & action. Non-violent, peaceful resistance on the State level .. and let the chips fall where they may. . .
I'm glad we have Senators like Rand Paul to stand up and tell us what we already knew while no one does anything about it and are already writing legislation for the next spending spree. 🙄 This government is sinking us, you don't have to be rocket scientist to figure that out.
This spending will generate new revenue. The bill will eventually pay for itself. Do you people understand if the United States doesn't start producing a real economy, we are in a lot of trouble?
and it seems to me that many on the democratic side are careless with other people's money. They are not acting responsibly. They are acting like immature children. They are not good leaders. Rand has it right.
He is bullshitting you. Scandinavian countries have government funded and performed healthcare and are doing wonderful. Plus, Venezuela did not have the world reserve currency. That is what will protect the devaluation of the dollar
There's a reason Thomas Jefferson, Abraham Lincoln, and JFK were all in favor of having our currency produced by the American Treasury. Jefferson fought off an assassination attempt that he was sure was sent from the bankers that wanted to set up a state bank. No where in the history of the world has a central bank been of benefit to the country, only debt. Federal Reserve, a nice title, isn't even owned by American citizens.
Biden is already on the way to the banks to make it possible to check on how much over 600 dollars you're depositing and withdrawing from your account 's Wake up Americans HE HAS TO GO
@@billybob9179 The Federal Reserve is just a TOOL USED BY THE ORGANIZED CRIMINAL BANKING CARTEL. THEY'RE THE ROOT CAUSE OF ALL THE EVIL DEEDS IN THE WORLD.
Seems all the hard work is relegated to the working class, while the free stuff, judicial understanding, subsidies, and tax breaks go to the exploiters (as long as they keep those campaign contributions), right Rand?
That's the truth. I watched a good amount his speech in good faith and it is nonsense. Obviously, when you increase taxes, you get more money and less debt
Everybody need to go exempt and pay your tax bill at the end of the year stop allowing them to take your money in advance invest it and give you back a refund.. invest yourself and pay your tax bill with the rise in your investment
@@marcosmith2501 agreed but we also have a medical insurance crisis with medicare and now discrimination starting for unvaxed. If this continues then the healthcare industry can expand its demands to justify increase costs all while people pay the price ether with money or their life.
I totally agree this is medical tyranny. Milton Friedman did his doctorates dissertation on topic of “licensure” and in particular he singled out the medical industry. He points out that this industry is the strongest union that insures income increases by reducing access and quickly shutting down any competition. From birth the medical industry has a conflict of interest as long as we allow them to write their own rules. What we need is accountability. If doctors or politicians for that matter want to earn good income then we need to establish an incentive system that encourages these professionals to perform.
What they neglect to tell you about “build back better “ …is that they have to destroy everything built up over the last 250 yrs first ,….so they can have some weird pleasure of starting again …. from nothing ……and then supposedly building back better !! Well good luck with that shmuck ,especially now half the country is illiterate and innumerate and doesn’t want to work ,…..thanks to socialist agendas !!
I was able to follow him although the first half was a lot of information in financial terms but I understood him from begining until the end. Watching him showed me that there are politicians out there that truly care for the people.
I mostly agree with Rand. People really are not smarter than that. Over the last 10 years I have been interacting with the bottom half or third of society. There is a good reason they are on the bottom rungs.
@@michaelparker5030 .. yes.. but its the mass marketing of socialism.. big gov & low selfesteem.. destruction of: The family.. ambition.. creativity.. natural instinct.. sense of liberty & self worth.. Protect your kids..
When this happened under Labor, in the UK..those on welfare were better off than many who were working. This caused division between the two. It was better not to work for many, than it was to work...so this is what happened. There were jobs available, low paying jobs, but no one wanted them. When Labor left office..the treasurer left a note, No money left.
@Michelle Norris I was there at the time. I saw what happened. I also saw many who were signing on..working on the side. So don't try to tell me I am wrong. I witnessed it. Some of the so called unemployed..were caught on holiday abroad. One man was signing long time sick but found the strength to go on holiday to Spain. 😆 In Scotland..the unemployed were working in the berry fields..as well as signing on. So please ?
@Michelle Norris By the way..Liam Byrne..was the Labour Secretary who left the note..No Money left. Try doing some research. I didn't need to..I lived in the UK..and was working at the time. I was a long time socialist who stupidly thought Tony Blair..was going to good for Labour. We all get it wrong sometimes. I got it wrong big time.
Irs should do an audit on the trillions of dollars that is wasted. Than should put interest and penalties on the wasted monies that the government spends just like it does with the American people.
@@doirtlee: Is that true? There was documentary type tv show that aired prior to 911, thought it was on Discovery, but cannot locate anywhere. The narrator explained interesting facts, including the Pentagon building was blast proof. At the time it was filmed, there was an outer building in the process of renovation being done. Could be coincidence, wondered if it was that same renovated area.
Where was that voice when Republicans gave away the trillions to the top 1%??? They only complain when workers benefit...we have our own currency, who do we owe?? Who?
I love how their description of events in these titles has escalated from "goes off on" to "goes SCORCHED EARTH". Really waiting for someone to go "Nuclear" next.
@@doirtlee Why is that anti, anything? If you mean Israel, they're not my problem or concern. You cannot help anyone else if your own house is in shambles
why does nobody talk about the interest that is paid on the national debit and where it goes .how many people actually know that it is paid to individuals the FEDERAL RESERVE is a private company
cash is IOUs to get gold and silver (money). what is the biggest cash value printed? it is not a $100. not a $1000, not $10,000, not $100,000, do your history and research. money is not the same cash. people dont know the legal terms and say what they feel they know is right and they are wrong.
As powerful and as important this speech is, Sen. Paul is just speaking to the choir; turtle Mitch has blinked and the dems have gotten what they wanted.
Sadly his lesson won’t go further than the choir, even if they are listening. The bulk of people are asleep, lazy, and think it’s not their problem. They’ll leave it to the spenders, believing they know best, and the Green New Dealers.
Agreed! He speaks intelligently with a regulated tone giving US the truth about where our hard earned money is being flushed. I think it’s more fear than hate. Same with the Lion. He fought for US ! I would rather be slapped with the truth than kissed with a lie any day all day. Lion was the best representation we’ve had in my lifetime. I miss him & his entire team! WE went from hero to zero in record time. Sleepy is not in this world he really believes the big lie even tho he can’t go ANYWHERE without US letting him know he is a gross embarrassment. Let’s go Brando!
@@neverthree_putts3655 history is changing before our eyes..read govt documents and stay off CNN AND EVEN FLIP FLOP FOX. ALSO SHEEP, BUSH STATED IN SPEECH I BELIEVE MARCH 5TH 2004. SS TRUST IS JUST IOU'S.. NO charge for the education this am, you need ALL you can get
@@neverthree_putts3655 Lyndon. Johnson 1st one to take from SS, SS Denys it..they play a little accounting game called off budget- on budget accounting.
@@neverthree_putts3655 social security took more in than out in 2019 when I looked. See if Trumps 2020 budget is still available online. So the 1st year Social Security takes in less in 2 years they want to make cuts since USA IS PAYING FOR OTHER COUNTRIES HEALTH INSURANCE AS DONOR COUNTRY..
The people who came here at the turn of the 19thh century didn't come here expecting to be taken care of. They came believing that if they worked hard and were careful with their money that they could live well. They worked hard and took whatever jobs were available. Some came with skills. They loved America and many of their sons died to keep this country free. We have a group of people in our country today who are doing all they can to tear this country down. We need to stand against them. Vote, stand and speak up.
Insanity seems to have taken over some of the Dems, the video ad banner was the National Democratic Training Committee with a statement to, "Tell Congress to stop Trump from running again." What a ridiculous ad.
ok...they are not taking it away..they are dumping other so call freebees...that you will not be able to GET dentures, glasses..think beyond yourself...there will be no dentist or optical services...you will have to make an appt..a year ahead before you will get helped.. free is not free......ever
@@davidsilver8171 No, you need to think beyond YOURSELF. I am not a senior citizen. This won't benefit me personally and I am still supporting it 100%. And even if they wait a little longer it's certainly better than not being able to see a doctor at all and having their health problems get worse. What is wrong with you? Btw there are free English classes you can take online to help you with your terrible reading, writing and comprehension skills.
Ron Paul, thank you for speaking he truth...the truth that only a small portion of the country wants to hear. We need to spread this message as quickly as possible!!!
Sorry, inflation is actually 10-15%, if the 1980 calculation method is used. The adjusted methods artificially keep inflation lower than it really is, by using some accounting clever tricks and adjustments like hedonics.
@@Crayolapup It was more like 7 trillion. And probably 3 trillion of that was spent on Covid hysteria, like the CAREs act and stimulus checks. So the Trump term probably added about a trillion per year, which is in line with Obama. Plus, the Democrats signed off on this stuff in Congress.
yatta yatta yatta....no money for people lots for bailing out banks and wallstreet...incredible...socialism for the rich...rugged capitalism for the working middle class and the poor....
Patrick Rooney depression hasn’t hit yet. Also, this wasn’t laissez faire capitalism by any means. In fact, it is totally controlled and corrupted from the top. If it were laissez faire then the government wouldn’t constantly tip and skew the markets and provide subsidies that DO create an unhinged, corrupt market. It’s always government waste and corruption. It’s never been free market, laissez faire capitalism. Socialism is just more corrupted corrupted-capitalism.
Seriously, I think that between now and the vote on the massive bill the senate should have live hearing on the parts of the bill which is most of it that the media and the dems do not mention. I am aware of a few concerning topics, but they finally were mentioned by the GOP in congress yesterday and today. But there is so much more. It takes so much time to get through a section, and then nobody online believes me anyway. Dems will say liar or conspiracy theory. It is only useful to investigate it to inform people. So the senate should take the time we have before the next vote to give us more information on what is really in the bill.
I only mind the military budget that we do not need to sustain and IMPROVE LIVES. I ALSO MIND ALL THOSE LIKE THE KOCH BROTHERS BEZOS AND ... GETTING ALL THOSE TAX BREAKS AND THOSE CAUSING ECONOMIC BUBBLES THAT GET BAIL OUT. GET THAT MR. RAN PAUL.
I'm a single mother who made bad decisions and I'm not upset. I'm all for social safety nets but if it's implemented at the federal level it results in waste, authoritarianism, and encourages vice. All social programs, including health care and education, should be implemented at the state or county level. I've lived in places that had higher property taxes I was happy to pay because of great schools and libraries and parks. My money directly benefited my community in a way that I could see and vote on. Not all of us derelicts want big federal government.
No one should hand over their freedom to a big government. People don't want a big government to begin with let alone giving up freedom or be coerced to vote for them in an election
The days of work or even hard work are coming to it's end. Auto-dialers and Active call Software programs, have replaced many call center employees and reduced the number of people actually working answering phones. ATM machines were introduced and many Bank Tellers lost their position or the Bank terminated the Position. Gas Stations decided to trust the American people and allowed for self pumping gas pumps, Which cost a lot of people their jobs. Then the pumps also became self checkout and again more people lost their jobs. Shifts were reduced, more people lost their jobs. As I worked in the restaurant business, and learned all areas of the restaurant over twenty years, that I was employed. I saw with my own eyes, when Tablets replaced 1/3 the wait staff. That was less than ten years ago. I was recently at a few places this year that added, self checkout. Nice. I no longer have to wait on the cashier. But she no longer has a job either so, oh well. As many more conversions are made to autonomous technology. What do we as people, do?. Go to school for free. Get everything just thought of and made, free, Travel, free. Live in a suitable place for free.
I am old. We were told a long time ago that we would not have jobs. It is BS. There are people who tell people this stuff when it isn't true. Paul Ryan was saying we needed more babies in this country to fill future jobs. They talk out their behinds.
Left/Right illusion. I like Rand. But what he should actually be talking about what Great Reset and Build Back Better actually means. That this is happening strategically, not as some bad governmental policy by people not understanding economics. All of you will own nothing and be happy (they will own everything and be miserable?)
Yes they will be miserable because stuff doesn’t make you happy and when you act in evil ways there is no option but to be unhappy. As for those who will have nothing, whether they are happy depends on their inner world! Seems that generally we need a certain small amount to be happy.
@@AtariM216 1,000% agree that things don't bring fulfillment. But they aren't saying.. oh you won't have a smart tv or iphone. They are saying your right to private property and the right to direct your life in an independent way will be stripped.
@@b-chroniumproductions3177 And republicans aint? the only difference between democrats and republicans is that there is actually a handful of Democrats who don't take bribes from big corporations and do their bidding.
I don't think his messages get through enough people. He needs a good PR team. They GOP sucks at messaging, they don't know how to capitalize on certain issues. At this point it seems like Rand Paul is a separate party
The GOP is WAAAAAAY better at messaging than the Dems. PR is not the problem here. The problem is that the bill is popular and for once, the Dems might actually spend money on the people….
Yeah no. That is not exactly how it works. That is a simplistic version of a widget value, however monetary policy works differently. There are more moving parts.
Great speech. I’d appreciate fact checking for this and most all broadcast speeches by our elected officials. We’ve always had to endure political posturing and spin, but of late, it’s harder to trust what we hear “from the floor.”
Always the voice of reason. He will not vote for a republican bill if he thinks it will be detrimental. It seems like Dr's make good congressmen for some reason.
You should start a corporation and then you will actually know how hard it is and it’s absolutely insane just how much we pay in taxes. Just because someone gets a break on federal taxes doesn’t mean they don’t pay in millions of other taxes .
