If not Trump and not Clinton

Started by Lord Lucien5 pages

Originally posted by Time-Immemorial
And we are $20 trillion in debt. And we have not even started really. Once we hit $30-40 trillion everything goes bust.

Any way to get numbers from 2012-2016 on all foreign aid? Or can we assume if it was $100 million in 2012, it's more or less the same every year?

The debt is huge, yes. But a country's debt is very different than a person or company's debt. Of the $19.5 trillion the U.S. owes, $14.1 trillion of it is to... itself. The American people and government. Essentially, the large majority of American debt is owned by America. The remaining $5.3 trillion is owned by other countries (intragovernmental holdings). What's the threat at $30-40 trillion?

According to USAID, it was $95 million in 2015. The final tally for this year isn't in, but they have recorded $17.5 million.

The debt is actually held by the federal reserve, a private enterprise, they loan us the money at interest. Literally as soon as a dollar is printed, we owe them that dollar plus interest.

The Fed isn't the same type of private company as other banks or corporations. Most of the Fed's profits go back to the U.S. Treasury. It's a murky enterprise. But it doesn't change the fact that American debt is mostly owned by Americans.

The debt notwithstanding, there's no reason to slash the meagre funding that USAID gets. $43 billion dollars is nothing. Completely eliminating Foreign Aid will do jack shit to the debt.

I'm not pleased with the fed when the constitution gives congress the power to coin and print money. The federal reserve act and fractional reserve banking in my opinion is the biggest fraud pulled on the American people.

Not that it's going to change any time soon. Or ever. But it's a cassus belli I can at least respect. It's not about taking away money from Aid foundations, or slashing NASA's budget, or condemning immigrants, or waging trillion dollar wars in the Middle East. Fiscal reform is an underrated form of activism.

Though as a Canadian, I am absolutely in favour of the federal government controlling the currency.

Why though?

YouTube video

An inherent distrust of private business owners' intentions and desires as they encounter the well being of the economy and the people.

Had you ever seen that video?

I've seen this one:

YouTube video

Specifically at 1:42 where she says "We stop borrowing from private banks and start borrowing from the Bank of Canada with little to no interest."

So is she wrong iyo?

This is interesting, I just came across it. Talking alot about USAID.

http://www.breitbart.com/2016-presidential-race/2016/09/29/hillary-clintons-state-department-spent-millions-taxpayer-dollars-help-companies-outsource-american-tech-jobs/

No I do agree with her. Or whatever documentary she's paraphrasing.

Originally posted by Time-Immemorial
This is interesting, I just came across it. Talking alot about USAID.

http://www.breitbart.com/2016-presidential-race/2016/09/29/hillary-clintons-state-department-spent-millions-taxpayer-dollars-help-companies-outsource-american-tech-jobs/

Do you think that American companies should be legally forced to keep manufacturing, service, and tech jobs inside the States?

No but if they want to leave, don't expect to bring it back tax free with trump.

Why should companies leave, to avoid taxes and fire American workers and make their product for cheaper then be able bring it back tax feee while they have their corporate office in Ireland.

In a nutshell. What piece of that current dynamic would you want the government to change?

For starters. Cut the corporate tax rate to 10-15% to bring global business and keep corporations and manufacturing here.

All good. As long as you don't start throwing the term "deregulate" around.

EDIT: Mild probing has revealed to me that American corporate tax rates are marginal. The Tax Rate Schedule has an ascending scale starting at 15% going steadily up to a maximum of 35%. Do you want all corporate tax rates to be set to a flat rate?

Thats a lot of pages to go through, what page are you on? Im heading to bed.

Originally posted by Facee
I would like Bill Maher just for giggles.

^^^That would NOT be boring!
your new sig looks great, BTW.

Speaking of looks, this entire page just looks hilarious to me.

Originally posted by Time-Immemorial
Thats a lot of pages to go through, what page are you on? Im heading to bed.
Page 17, the Tax Rate Schedule chart.

Ok ill in am