jonny5
DP Veteran
- Joined
- Mar 4, 2012
- Messages
- 27,581
- Reaction score
- 4,664
- Location
- Republic of Florida
- Gender
- Male
- Political Leaning
- Libertarian
Sadly we're talking about sex scandals and email mismanagement, when we should be talking about how our elected representatives (who we keep relecting) have managed to run up 20 trillion in monetary obligations, about 25% to intragovt agencies like Social Security, and the rest to citzens, local govts, mutual funds, of which 35% is owned by foreign countries, with China being the largest holder. This means we pay about 300 billion in interest every year, with about 100 billion being paid to foreign countries.
From your paycheck straight to China, to the tune of about 100 million a day, just in interest on debt. Who is going to stop this? Certainly not Clinton, who wants to spend more, or Trump, who wants to spend more and tax less. Maybe Paul Ryan who is the only one proposing to at least stop borrowing by balancing the budget, but more likely no one.
https://www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=16102800.pdf
From your paycheck straight to China, to the tune of about 100 million a day, just in interest on debt. Who is going to stop this? Certainly not Clinton, who wants to spend more, or Trump, who wants to spend more and tax less. Maybe Paul Ryan who is the only one proposing to at least stop borrowing by balancing the budget, but more likely no one.
https://www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=16102800.pdf