And (Insert Davey Crockett speech here- not ours to give) we need to have a discussion about whether Congress should be in the business of “Charity” by using other people’s money.
We will hope and pray there are criminal trials for the members of Congress. I believe without consequences, these people will keep right on doing the things they are doing now. Please Mr. President Trump-make sure the criminals in our government suffer the consequences of their actions, thank you.
Oh I think they will be blindsided in the midterms when we see who is running for what race. Anyone participating in the fraudulent spending I'm sure we'll be pointed out. After they participated in it we don't need them back in office. Why put that out now?
It should be part of campaign strategy when the time comes.... It will force them to spend their money on defense. 🤣
I believe that the Congress funded what amounted to a whole bunch of slush funds. Then the leftist bureaucracy would then funnel the money to the leftist NGOs, etc.; often with some under the table advice on where the money should go.
When new representatives enter congress they are told "this is the way it runs" they don't have too much influence to push against the system. This corruption is mostly in the hands of people that have been there for decades.
The answer is one you wouldn’t even guess unless you have a working understanding of the finance market. I’ll give you a quick thumbnail of what I think is happening.
Everyone knows we have a large national deficit. In order to reduce it, Trump and DOGE are eliminating waste, fraud and abuse that is systemic. That’s one part of what’s needed. The other part is reducing the rates on bonds which finance the debt. Bond yields go down when more customers buy them. Why do they buy them? Mainly for safety. They carry the full faith and credit of the U.S. government.
Key to selling more bonds and lowering their yield(the interest paid) is a downturning economy. Just the mention of a possible recession cause big banks, brokerages, foreign countries to sell stocks and buy bonds. Typically stocks plunge in a recession so investors flee to bonds even as the yield goes down because they are less risky than stocks.
As yields drop, the cost of financing the debt drops. This year the government has a large amount of bonds maturing. If the rates drop a point, hundreds of billions of dollars are saved. That savings along with the DOGE savings is big in terms of setting us up for the future.
So why did we not cut this budget? Because it kept a recession front and center and it allowed the government to stay open and thus allow Trump to continue his work. Remember, he wants to balance the budget, enact tariffs, do away with income taxes for people who earn $150k or less plus a host of other things to MAGA. The next budget will look far different as these cost savings take hold.
This is what Trump meant when he said there will be some pain in the beginning but things will quickly improve thereafter.
Because congress doesn't pass individual department or agency bills which at one time went through 8 separate hearings and reviews before money could be authorized and spent. They come out in one massive bill and oversight is not hearings and markups. Also, amendments could be offered in the committee of the whole and in the senate. That no longer happens. Sometime after the budget act, the congress lost all control.
And (Insert Davey Crockett speech here- not ours to give) we need to have a discussion about whether Congress should be in the business of “Charity” by using other people’s money.
We will talk about Congress during their criminal trials.
Any kind of guess When that will be ? My guess is not positive so I’ll leave it unspoken .
We will hope and pray there are criminal trials for the members of Congress. I believe without consequences, these people will keep right on doing the things they are doing now. Please Mr. President Trump-make sure the criminals in our government suffer the consequences of their actions, thank you.
Exactly. Stop acting appalled at the waste being found. You fuckers signed off on it over and over again.
Oh I think they will be blindsided in the midterms when we see who is running for what race. Anyone participating in the fraudulent spending I'm sure we'll be pointed out. After they participated in it we don't need them back in office. Why put that out now?
It should be part of campaign strategy when the time comes.... It will force them to spend their money on defense. 🤣
Good point
Because no member of Congress ever reads the whole bill which is pieced together by aides of elite Congressional leaders.
I believe that the Congress funded what amounted to a whole bunch of slush funds. Then the leftist bureaucracy would then funnel the money to the leftist NGOs, etc.; often with some under the table advice on where the money should go.
They were being paid under the table NOT to read their spending bills - but to pass them. Plausible deniability then
When new representatives enter congress they are told "this is the way it runs" they don't have too much influence to push against the system. This corruption is mostly in the hands of people that have been there for decades.
With the nearly bullet proof immunity provided Congress and their aids by The Speech and Debate Clause...none of them are worried about prosecution.
What are they hiding
Was it tucked into the continuing resolutions to keep the (bankrupt) government running?
It's like "We must pass it to see what's in it!" Kek
The answer is one you wouldn’t even guess unless you have a working understanding of the finance market. I’ll give you a quick thumbnail of what I think is happening.
Everyone knows we have a large national deficit. In order to reduce it, Trump and DOGE are eliminating waste, fraud and abuse that is systemic. That’s one part of what’s needed. The other part is reducing the rates on bonds which finance the debt. Bond yields go down when more customers buy them. Why do they buy them? Mainly for safety. They carry the full faith and credit of the U.S. government.
Key to selling more bonds and lowering their yield(the interest paid) is a downturning economy. Just the mention of a possible recession cause big banks, brokerages, foreign countries to sell stocks and buy bonds. Typically stocks plunge in a recession so investors flee to bonds even as the yield goes down because they are less risky than stocks.
As yields drop, the cost of financing the debt drops. This year the government has a large amount of bonds maturing. If the rates drop a point, hundreds of billions of dollars are saved. That savings along with the DOGE savings is big in terms of setting us up for the future.
So why did we not cut this budget? Because it kept a recession front and center and it allowed the government to stay open and thus allow Trump to continue his work. Remember, he wants to balance the budget, enact tariffs, do away with income taxes for people who earn $150k or less plus a host of other things to MAGA. The next budget will look far different as these cost savings take hold.
This is what Trump meant when he said there will be some pain in the beginning but things will quickly improve thereafter.
Thank you. Very interesting 👍
It's why they don't want anyone reading their spending bills- or any of their other bills for that matter.
If the bills are "passed" without having been read, how can they be law?
I dunno, maybe because congress doesn't do anything without their puppet masters pulling the strings v they're low level targets in this game.
Because congress doesn't pass individual department or agency bills which at one time went through 8 separate hearings and reviews before money could be authorized and spent. They come out in one massive bill and oversight is not hearings and markups. Also, amendments could be offered in the committee of the whole and in the senate. That no longer happens. Sometime after the budget act, the congress lost all control.