Debt Rattle January 11 2019
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Arttua.
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January 11, 2019 at 10:16 am #44797
Raúl Ilargi Meijer
KeymasterHieronymous Bosch The Haywain Triptych c.1516 • The Stock Market Just Got Off To Its Best Start In 13 Years (MW) • 78% of US Workers Live Paych
[See the full post at: Debt Rattle January 11 2019]January 11, 2019 at 10:25 am #44798V. Arnold
ParticipantHieronymous Bosch The Haywain Triptych c.1516
Oh! So he knew the future; man’s demise; morally, spiritually, and personally.
How precient of him; but then his art is all about that, no?As to the rest? It’s just news. The new entertainment; guess what’s true and what’s new.
Devoid of all facts; full speed ahead into the abyss; swimming in pitch black waters devoid of all light.
Delivered to you daily in a non-stop cacophany of pure unadulterated bullshit…
Sit down with your bowl of popcorn and just revel in the neverending stream straight from the cesspool…January 11, 2019 at 12:41 pm #44799Dr. D
ParticipantSob stories for Government employees when they make 50% to 4x what everyone else in America makes. Paycheck to paycheck?
“Over the last 25 years, the percentage difference between average federal pay and private sector pay has doubled.”
In 2014, the average federal employee salary was $84,153, approximately 50% more than the average private sector worker… This discrepancy increases to 78% when benefits are included. The average federal worker costs the government (aka taxpayers) $119,934.”https://www.huffingtonpost.com/moneytips/federal-employees-earn-50_b_8855508.html
Average wage in most of America, $35,000. Statistically, the 12 blessed cities and the oligarchs skew this number wildly. THOSE are the workers living paycheck to paycheck. Why? Because they’re paying 30M employees and contractors 4x what they themselves make. Cry me a river.
Powell is worried about the amount of product his industry group is selling: debt. He may have saturated the market.
“The money would also have to come from funds allocated by Congress for other purposes”
Not entirely. They’ve preparing for this since he got in. One, yes, he can declare a national emergency. Presidents traditionally do that whenever a sparrow falls, and if he finds even one terrorist or drug cartel member, the caravans will have given him all the justification he needs. If a President can attack 10 foreign nations and build a $50B wall in Jordan and Israel, surely he can build one here, no? Second, Congress already gave him the money: like the spineless weasels they are, they passed NOT a budget, but an Omnibus funding bill, which unlike a budget suggests but does not require the Executive spend the money. That’s WHY we pass budgets and why they’re so important, in fact, their only job. But they didn’t, and Trump can shuffle money willy-nilly if he wants, but that has political, not legal consequences. Third, I would bet a lot that the wall is already being built, in that he is “repairing” any section that ever existed.
But the opposition sure got one over on him! They’re negotiating to build a “Steel Barrier”, exactly like the one we have and the border control suggested, not a “wall.” If you rename a rose, it’s not a rose anymore, it’s a rhubarb. So say the lawyers. We solve all problems by renaming and redefining them: that’s why the country is in such great condition and works so well.
What a Moran, I don’t know what to say. Note this wealthy protected view that Brexit is the largest self-harm, not 30 years of driving non-London Britons into crushing poverty and despair, such that their social support and national health now rivals Romania. Nope. Never happened. Never sent back the Windrush fellows. Nope. Never made London housing go up 10 fold by attracting Russian oligarchs and helping them offshore and avoid taxes as Britain’s de facto sole industry. Never bankrupted the nation with war spending in Iraq, Libya, Syria, building ships that can’t sail for planes that can’t launch. Nope: it’s Brexit. Brexit is your enemy. Honest; when has a British Minister ever lied to you?
Brexit DOES threaten he national security, but not as much as ceding all sovereignty forever to an unelected, unaccountable EU. Complete surrender just MAY be worse than keeping yourself together badly. And far worse than that if you cede control to board a sinking ship.
January 11, 2019 at 1:53 pm #44800Raúl Ilargi Meijer
KeymasterFor Moran and her sort, the choice now appears to be between Juncker and Putin.
January 11, 2019 at 2:05 pm #44801Raúl Ilargi Meijer
KeymasterYeah, do click the Bosch painting and click again until you get the biggest possible image. And note that according to science it was painted around 1516, while Luther nailed his 95 theses to a church in Wittenberg in 1517, thus starting the Reformation. Truly great minds.
January 11, 2019 at 2:32 pm #44802kultsommer
ParticipantInterviewed government worker: “We are facing a problem how to pay for OUR mortgage, rent, utility bills and food”, like the rest of us never heard of that.
Lax work and income attitude easily shaken.
Wonder if the pay discrepancy in their favor is also by design to have us divided, which, in a way, I just exhibited.January 11, 2019 at 4:00 pm #44803zerosum
Participant” …. there could be trouble if growth dips below 6%,”
I don’t believe it.
Trouble for who?
The western societies have less growth and nobody is saying that there could be trouble.Do they mean trouble like the “yellow vest”?
Its all part of bread and circus.
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” …. At the end of 2010, domestic consumption accounted for around 35.6% of Chinese GDP,…. That was remarkably low compared to most other economies, not least the US, where consumption accounted for almost 70% of GDP. …. As of 2017, Chinese consumption as a share of GDP had risen to 39.1%,”WHAT!!!!
Good is suppose to be 70% of GDP like the USA!!!
You got to be kidding!
You had better take another look at the social/economic situation in the USA
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” …. Thompson claims that a massive collaborative program between the Department of Defense and arms companies is needed to counter Russian and Chinese advances. “I got the answer.
Bring all the soldiers home. Deploy more drones, eyes in the sky. Nobody will attack the USA——-
• Julian Assange’s Living Conditions Deteriorate (Cassandra Fairbanks)
Imagine what the conditions would be like in a democratic regime with freedom of speech. Opss!
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” …. he is “repairing” any section that ever existed. “hehehehe!
You solution, just said that the emperor is naked.
January 11, 2019 at 6:07 pm #44804Arttua
Participant“A retired general and chief of staff has warned that the US’ missile defense systems are “simply incapable” of stopping the latest generation of Russian hypersonic missiles”
Why not declare piece?
“Squandering trillions on “defense” (from whom?) and stealing most of that money without anyone going to jail is an amazing bit of sleight of hand, but in the end you end up with a load of useless military hardware while upstarts like Russia and China run circles around it and humiliate you at their leisure.” -D. Orlov -
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