why should they get a pay raise when their bosses, we the people, are struggling to pay our bills. No pay raise, in fact, we need a freeze on pay until the national debt is paid down. We can't keep paying more and more money out of thin air and increasing the debt while everyday people are struggling and veterans are homeless. Solve some of the problems plaquing America and then we can address if a pay raise is warranted. Who gets a 40% pay raise in one swoop anyways. Only those that can give it to themselves without any regard to where it will come from.
The national debt isn't what you think it is. It is not something that can be payed down. It's another grand illusion perpetrated on the american people and is important every single citizen understand this in order to stop repeating this kind of sentiment.
The "debt" is the amount of currency in circulation, interest payment for this loan and some other legacy programs and entitlements, but by and large the debt is what is loaned to the American people from the federal reserve because in 1913 they removed the responsibility of congress to manage and create the federal currency.
To pay off the debt is in fact to remove or dissolve the federal reserve. Can't pay off a debt with what is the mechanism of that debt.
The "debt" is the amount of currency in circulation
No, currency is M1 money supply. The national debt is debt owed.
the debt is what is loaned to the American people from the federal reserve
The American people own some of the debt instruments (treasury securities), but also foreigners (Chyna), as well as the US gov't itself (so-called "non-marketable securities").
To pay off the debt is in fact to remove or dissolve the federal reserve.
Technically, the debt COULD be paid off without dissolving the Fed, but the problem would still exist -- the Fed creating money from nothing and earning massive amounts of free interest, making those who are insiders massively wealthy.
I do agree, the Federal Reserve must be abolished. This would eventually solve the problem.
Sure. Some of which you reference here is accurate in context. I wasn't going into details of securities and the like. That is a broader and more nuanced discussion.
Because it's called a debt does not make it a debt. It's a loan, of currency, fiat money, federal IOU on behalf of we the people to the owner, the federal reserve. If someone loans you are car, is it a debt? Do you pay that debt off with the same car.
How exactly then does the federal "debt" get paid off? How does America pay down the national debt? With dollars? Lol. Sure another tangible could be used, let's say gold. And now ripping off each American citizen twice by doing so.
default ----- if every knows it can't be paid off ----- there is no illusion ----- you loaned money to a bad borrower ---- default ---- people knew what they were getting into ---- default and move on
Seems like a lot of taxes are paid in every year but that money is abused and mishandled. The amount of money going to other countries is not the tax payers responsibility and neither should the debt from these bogus wars they have made.
That is another good example in a layer of the mess our monetary system is fundamentally based on. Making total some "debt" 1005 special tokens. Paying X fiat (debt) back in Y fiat (payment) with Z fiat (interest)
Things need to change in Congress. (1-instead of voting their own pay raise, their constituents in their district/states need to say “yes or no” based upon performance. 2). Term limits must be established. 3). Stock trading of Congress and immediate family members or by anyone on their behalf must be banned. 4) End lobbyists influencing Congress. Make it illegal to accept gifts or financial gain from lobbyists. 5). Ban Congress from accepting any jobs from companies for which they approved contracts, or any finances. 6). Disclose the slush fund and individuals involved and then ban taxpayer dollars propping it up. 7). Make Congress live by the laws they pass: government health care-stop the Congressional private Cadillac plan. Pass a law, every member of Congress must live by it.
Why would you want to make being a politician such a worthless job? It takes spending hundreds of millions of dollars to even get the position in the first place.
Today’s Congress is in it for their personal benefit, not for the country or its constituents. By limiting the financial scams, only those with true love of the country will campaign for the position. Limit funds used to campaign which will give everyone a chance. With most government workers “working from home”, take the unused government buildings and convert them into affordable apartments for Congressional members. The salaries of Congress and D.C. cost of living encourages fraud to pay to live there.
Limiting funding just leads to more corruption and makes is so anyone unapproved even attempting to run gets charged for corruption despite everyone else doing it.
Should it really cost that much to campaign? And if that’s the case mainly rich people are all that can afford to run and most of those have no real understanding of the everyday common man’s life struggles
Advertising and buying endorsements is an expensive industry, I'm not sure how you would get around that. the way I see it any attempt to enforce limits would just lead to even more corruption.
Do the American people also get to “opt out” of Obamacare? I know my insurance went from fabulouse to shit after Obamacare came into being. You all pledged to repeal it but you all cucked on that one....
…Poor congress critters…whatever shall they do when mean ol’Trump kills their Ukraine cash cow—? Your deplorable tax dollars aren’t going to funnel themselves!!!
What's to stop the CONgress from voting themselves 1000% raises...or Biden from issuing a blanket commutation of all federal prison sentences - ALL federal prisoners set free
Politicians should be paid far more, not sure why everyone is getting bent out of shape over a paycheck that's less then a quarter million per year, higher pay means means more expensive bribes. You people never seem to care when it's higher ups in the private sector being overpaid.
Do you really think the likes of AOC deserve a quarter of a million dollars a year? They do nothing but have meetings with lobbyists and sit in a chamber to vote on things. It takes zero training, and minimal knowledge, to do what they do. They shouldn't be paid more than $100,000 per year.
I'm fine cutting down their pay once the pay of the private sector is accordingly lowered and buissinesses are made less profitable. Wouldn't you be corrupt if you had hundreds of millions of dollars being offered to you while your actual salary is lower than what the average woman demands before she'll allow you to reproduce with her?
As someone else said you have to cut out lobbying and bribes. Congress only should work so many days out of the year. They need a job back home in the area they represent. There should be a basic hotel type place that they stay in DC while in office working and not have houses there that they live in full time away from the citizens they are working for. They should have no benefits that the average worker can’t have. They should be held to the same standards and laws as every citizen is.
I approve a 40% pay decrease
and no free health plan for life, make them all pay like us.
why should they get a pay raise when their bosses, we the people, are struggling to pay our bills. No pay raise, in fact, we need a freeze on pay until the national debt is paid down. We can't keep paying more and more money out of thin air and increasing the debt while everyday people are struggling and veterans are homeless. Solve some of the problems plaquing America and then we can address if a pay raise is warranted. Who gets a 40% pay raise in one swoop anyways. Only those that can give it to themselves without any regard to where it will come from.
The national debt isn't what you think it is. It is not something that can be payed down. It's another grand illusion perpetrated on the american people and is important every single citizen understand this in order to stop repeating this kind of sentiment.
The "debt" is the amount of currency in circulation, interest payment for this loan and some other legacy programs and entitlements, but by and large the debt is what is loaned to the American people from the federal reserve because in 1913 they removed the responsibility of congress to manage and create the federal currency.
To pay off the debt is in fact to remove or dissolve the federal reserve. Can't pay off a debt with what is the mechanism of that debt.
Of course, it can be paid down. It's a debt.
No, currency is M1 money supply. The national debt is debt owed.
The American people own some of the debt instruments (treasury securities), but also foreigners (Chyna), as well as the US gov't itself (so-called "non-marketable securities").
Technically, the debt COULD be paid off without dissolving the Fed, but the problem would still exist -- the Fed creating money from nothing and earning massive amounts of free interest, making those who are insiders massively wealthy.
I do agree, the Federal Reserve must be abolished. This would eventually solve the problem.
To whom is that money owed? Who had that big a pile of money in the first place just waiting to be lent to someone?
Exactly... This.
Sure. Some of which you reference here is accurate in context. I wasn't going into details of securities and the like. That is a broader and more nuanced discussion.
Because it's called a debt does not make it a debt. It's a loan, of currency, fiat money, federal IOU on behalf of we the people to the owner, the federal reserve. If someone loans you are car, is it a debt? Do you pay that debt off with the same car.
How exactly then does the federal "debt" get paid off? How does America pay down the national debt? With dollars? Lol. Sure another tangible could be used, let's say gold. And now ripping off each American citizen twice by doing so.
default ----- if every knows it can't be paid off ----- there is no illusion ----- you loaned money to a bad borrower ---- default ---- people knew what they were getting into ---- default and move on
Seems like a lot of taxes are paid in every year but that money is abused and mishandled. The amount of money going to other countries is not the tax payers responsibility and neither should the debt from these bogus wars they have made.
If I lend you 1000 of my special tokens and require you to pay them back with 5 tokens/year of interest, can you pay it off?
I think this is what u/dtxman75 is alluding to?
That is another good example in a layer of the mess our monetary system is fundamentally based on. Making total some "debt" 1005 special tokens. Paying X fiat (debt) back in Y fiat (payment) with Z fiat (interest)
Obamacare good enough for us then it's god enough for them.
They’ve got something in the bill for Obamacare also
https://nitter.poast.org/TomFitton/status/1869394559098044422#m
And why should they get a pay raise when they can NEVER approve a budget on time. Seems to me they are failing at their job.
they need a pay CUT and have to get OBAMACARE like they shoved up everyones ass.....and they need to pay for it themself....
Things need to change in Congress. (1-instead of voting their own pay raise, their constituents in their district/states need to say “yes or no” based upon performance. 2). Term limits must be established. 3). Stock trading of Congress and immediate family members or by anyone on their behalf must be banned. 4) End lobbyists influencing Congress. Make it illegal to accept gifts or financial gain from lobbyists. 5). Ban Congress from accepting any jobs from companies for which they approved contracts, or any finances. 6). Disclose the slush fund and individuals involved and then ban taxpayer dollars propping it up. 7). Make Congress live by the laws they pass: government health care-stop the Congressional private Cadillac plan. Pass a law, every member of Congress must live by it.
Why would you want to make being a politician such a worthless job? It takes spending hundreds of millions of dollars to even get the position in the first place.
Today’s Congress is in it for their personal benefit, not for the country or its constituents. By limiting the financial scams, only those with true love of the country will campaign for the position. Limit funds used to campaign which will give everyone a chance. With most government workers “working from home”, take the unused government buildings and convert them into affordable apartments for Congressional members. The salaries of Congress and D.C. cost of living encourages fraud to pay to live there.
Limiting funding just leads to more corruption and makes is so anyone unapproved even attempting to run gets charged for corruption despite everyone else doing it.
Should it really cost that much to campaign? And if that’s the case mainly rich people are all that can afford to run and most of those have no real understanding of the everyday common man’s life struggles
Advertising and buying endorsements is an expensive industry, I'm not sure how you would get around that. the way I see it any attempt to enforce limits would just lead to even more corruption.
Mommy, I wanna be a kongressvermin when I grow up, so I can be corrupt, too!
If you wanted to actually deal with corruption you'd need to pay politicians more than the net profits of any one industry.
Do the American people also get to “opt out” of Obamacare? I know my insurance went from fabulouse to shit after Obamacare came into being. You all pledged to repeal it but you all cucked on that one....
Need to DOGE everyone of those mutherfuckers who voted for it.
Nancy must need help with her medical bills, insider trading is just not sufficient.
(Cue sad violin music)
…Poor congress critters…whatever shall they do when mean ol’Trump kills their Ukraine cash cow—? Your deplorable tax dollars aren’t going to funnel themselves!!!
It's because they know inflation is 40%
It's outrageous considering 70+% are living paycheck to paycheck, meaning falling behind, or worse losing everything.
Rent, cars, insurance medical and car/house ect, utilities, phone, groceries, property taxes, taxes in general, gas and everything else is:
TO DAMNED HIGH!
From the movie "Used Cars"
For a fraction of a second it says 17 seconds then 16. kek
https://www.youtube.com/watch?v=LnvX_gxGKcM
What's to stop the CONgress from voting themselves 1000% raises...or Biden from issuing a blanket commutation of all federal prison sentences - ALL federal prisoners set free
Nothing
We're just getting lucky so far
Tar. Feathers. Lampposts.
Hella pay
QUID PRO QUO ,
How about a pay cut until they balance the budget?
Easy way to pay it off. Make a coin from us treasury a 40 trillion dollar coin. Mint it. Give to federal reserve. Debt paid in full
Thats how you bribe votes.
Brunson decision rids us of these parasites, anyway. I reckon we'll be doing government a little differently in short order.
There should be NO pay increases until Trump takes office and Elon and VIVIC start on the DOGE
Politicians should be paid far more, not sure why everyone is getting bent out of shape over a paycheck that's less then a quarter million per year, higher pay means means more expensive bribes. You people never seem to care when it's higher ups in the private sector being overpaid.
Because the higher ups in the private sector aren't getting paid to work for us.
And? How does that make them more deserving of that money?
Do you not understand or are you trying to be difficult here?
My point is pretty clear.
Do you really think the likes of AOC deserve a quarter of a million dollars a year? They do nothing but have meetings with lobbyists and sit in a chamber to vote on things. It takes zero training, and minimal knowledge, to do what they do. They shouldn't be paid more than $100,000 per year.
I'm fine cutting down their pay once the pay of the private sector is accordingly lowered and buissinesses are made less profitable. Wouldn't you be corrupt if you had hundreds of millions of dollars being offered to you while your actual salary is lower than what the average woman demands before she'll allow you to reproduce with her?
As someone else said you have to cut out lobbying and bribes. Congress only should work so many days out of the year. They need a job back home in the area they represent. There should be a basic hotel type place that they stay in DC while in office working and not have houses there that they live in full time away from the citizens they are working for. They should have no benefits that the average worker can’t have. They should be held to the same standards and laws as every citizen is.
Too easy to weaponize and it wouldn't actually stop the flow of money.
So damned if we do or don’t?
I didn't pay my wife to reproduce with me, so I can't relate to what you are trying to say.
Women aren't willing to settle for men with low paying jobs.
Decent women are. It's the bimbos and other women who only care about their appearance and what they can buy who seek wealthy husbands.