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"The Grand Canyon by Carl's Junior.
Proud sponsor of Brawndo!"
Proud sponsor of Brawndo!"
US Debt is unsustainable
- Thread starter pmbug
- Start date
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Carl's Jr. (CKE Holdings is the corporate name, since Karcher passed away 20 years ago) isn't gonna have the scratch to afford it. Since they bought Hardy's they've been on hard times...Hardy's was a franchise company, Carl's Jr was all corporate owned outlets. And Carl Karcher's death. They keep on making mistakes - right to their famous "Six Dollar Burger" they were so proud of. The name suggested that at a fast-casual restaurant it would be $6. Well, now with the full flowering of Leftism, it's $15 at Carl's.
So. Grand Canyon would have to go to someone who can pay. Pfizer, maybe?
Or a lithium-mining company. Don't know of any names; but good grief, that would fit in so well. Advertise out front, strip mine behind the fence, and the profits enable suitable graft for the morons in CON gress.
This is why you should support efforts of the admin to get lower interest rates.
....or are you hoping for a crash so that hopefully someone like Madam Kackles or Gruesome Newsom weasels their way into office instead?
Trump may be far from perfect, but compared to them he looks to be a lot closer to it.
No matter how bad one might perceive the current admin to be, it's far better than anything we'd get from the Dems. All they have to offer is defacto open borders* and a knee jerk reaction of being against anything Trump was seen as being for. Even if it's the very same stuff the Dems used say that they supported.
* I saw where the idiot dem running in CA was saying we need more illegals due to so many actual citizens fleeing the State in response to Dems having f'ed it up beyond all recognition.
.....and I think you know which dem I am talking about.
Ie: the dumb one that's also a socialist.
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That's what we need. ZIRP. For more mal-investment.
And moar speculative real-estate manipulation - Black Rock and other private-capital investment, borrowing to buy because it's low cost. Watch the real estate prices rise. YUUGE!
Watch moar homes sit empty while moar people are forced into old RVs. And watch the same Globalists demand we bring in **MOAR WORKERS!!** to fill those homes and use government money to pay the rents.
Watch moar stock buybacks by the former blue-chips.
Watch moar DEBT CREATION, money given to (not) "Non-Government Organizations" to fund moar Queering-The-Arts, moar planeloads of Somali re-tards, moar Jab programs, moar Wuhan programs...
HELL NO.
For SURVIVAL, this shit-show has to STOP.
And moar speculative real-estate manipulation - Black Rock and other private-capital investment, borrowing to buy because it's low cost. Watch the real estate prices rise. YUUGE!
Watch moar homes sit empty while moar people are forced into old RVs. And watch the same Globalists demand we bring in **MOAR WORKERS!!** to fill those homes and use government money to pay the rents.
Watch moar stock buybacks by the former blue-chips.
Watch moar DEBT CREATION, money given to (not) "Non-Government Organizations" to fund moar Queering-The-Arts, moar planeloads of Somali re-tards, moar Jab programs, moar Wuhan programs...
HELL NO.
For SURVIVAL, this shit-show has to STOP.
Didn't say we need zero interest rates, just a little lower.
How did Paul Volcker stop the Stagflation viscious-circle?
He lowered interest rates, to, what? Help me out, here.
No, cut spending first, cutting rates only encourages spending.
We're not exactly in that situation.
When they shoulda pulled a Volcker move was in '21 when we actually had higher inflation and higher unemployment.
Nothing the gov has ever done has led to reduced spending.
Not since days of Chester A. Arthur, at least.
Ain't been a better POTUS since .
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Republicans and Democrats Are Not the Root Cause of Big Spending and Big Debt - The Ron Paul Institute for Peace & Prosperity
During the administrations of Democrats Barack Obama and Joe Biden, how many times did we hear about how Republicans were the answer to those big-spending Democrats who were bankrupting our country with their out-of-control federal spending and debt? Almost continuously! If only American voters...
ronpaulinstitute.org
Pretty soon nobody will want 30 yr USTs. How long before they stop wanting dollars altogether?
If the BRICS got their act together they could leapfrog the west and takeover in a matter of months.
If the BRICS got their act together they could leapfrog the west and takeover in a matter of months.
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If S&H Green Stamp bonds have a return of 9% annually, is that a good investment today?
Fed rate <> Treasury rates
Japan, Turkey et al are dumping Treasuries to support their local currencies. Fed rate isn't going to affect the calculus at all. The great toilet swirl has begun. It reminds me that I don't own enough gold and silver.
I realize that. It's just one part of it.
.....and again, not calling for zirp, or anything close to it.
And that's why I hate politicians,
The idea of a debt limit (for Congress) is a dumb idea.
Congress controls the purse strings according to the Constitution.
So if Congress tells the gov to spend money on something, it's pretty stupid to not allow the gov to issue the debt necessary in order to do the spending that Congress already approved.
That's not to say that I believe that debt should just be issued willy nilly, but Congress knows darn well what the nations financial situation is when they order spending to be done.
Well yea, but that horse has been outta the barn longer than practically anyone has been alive.
So yea, let's just instantly switch back to a monetary system that would bleed the nation dry before the end of next month. Lol
I'm all for going back to a gold standard, but it can't happen with $40+ trillion in outstanding debt.
All we gotta do, is to all agree to live beneath our means (as a nation) by at least $1 trillion per year for the next 40 years.
Then we can talk about going back onto a gold standard.
Good luck with that.
Viking
Yellow Jacket
Put it back in with what?
Going back on a gold standard immediately would immediately bankrupt the nation.
Gotta cut spending and substantially reduce debt before trying to go back to a gold standard.
....unless of course your intention is to bankrupt the nation.
Then bankruptcy it is, we might as well get it over with....
Viking
Yellow Jacket
It would decimate the nation and plunge virtually everyone into poverty.
If there is anything that could be done to prevent that, it will be done.
Which is why a return to the gold standard cannot happen at this time.
By "happening", I mean those in power Enacting the laws necessary to make it happen right now. That's a pipe dream. You'd have better luck getting them to Enact a death penalty for congressional insider trading.
Are you willing to decimate your own lifestyle and standard of living by pulling the plug right now?
What will happen is whatever's necessary to maintain Global position.
Anything less is like committing national suicide.
At least until we get our fiscal situation in order.
...but that'll take 40+ years of austerity.