Page 2 of 5 FirstFirst 12345 LastLast
Results 11 to 20 of 41
Like Tree29Likes

Thread: Neither Musk nor Vivek proposes a remedy to deal with Congress's annual deficits+

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #11
    Super Moderator GaiaGoddess's Avatar
    Join Date
    Feb 2024
    Posts
    4,289
    Quote Originally Posted by johnwk View Post
    Getting back to the subject of the thread . . .
    It appears as though the Congress and all involved at that level have been told to spend as you like.

    The debt will NEITHER be addressed nor paid.

    Instead, they have been planning to replace the global financial system (see FedNOW):
    https://www.federalreserve.gov/payme...dnow_about.htm
    https://www.frbservices.org/financia...now/about.html

    This new system is based on very tight control using digital monies and to
    kens where ALL global assets will be tokenized.

    These tokenized assets will be setup to fall into their Control as people default on their strict guidelines, making it so that the Controllers "Own it All."

    "You will own nothing and be happy," Klaus Schwab's statement refers to this future planned reality.

    They have been building this NEW financial platform in the background and when it is ready to rollout, then they will create a "polycrisis" to do so. They have already announced the "polycrisis" technique as their next mechanism to reign in more control.
    Last edited by GaiaGoddess; 01-02-2025 at 07:45 PM.

  2. #12
    Senior Member johnwk's Avatar
    Join Date
    Jan 1970
    Posts
    2,841

    A gov. issued digital currency is akin to the Mark of the Beast in Revelations

    Quote Originally Posted by GaiaGoddess View Post


    It appears as though the Congress and all involved at that level have been told to spend as you like.

    The debt will NEITHER be addressed nor paid.

    Instead, they have been planning to replace the global financial system (see FedNOW):
    https://www.federalreserve.gov/payme...dnow_about.htm
    https://www.frbservices.org/financia...now/about.html

    This new system is based on very tight control using digital monies and to
    kens where ALL global assets will be tokenized.

    These tokenized assets will be setup to fall into their Control as people default on their strict guidelines, making it so that the Controllers "Own it All."

    "You will own nothing and be happy," Klaus Schwab's statement refers to this future planned reality.

    They have been building this NEW financial platform in the background and when it is ready to rollout, then they will create a "polycrisis" to do so. They have already announced the "polycrisis" technique as their next mechanism to reign in more control.
    If there ever was a notoriously evil tool to enslave a nation's population, that tool would in fact be a digital currency. To understand the threat, see: China’s Digital Yuan: A Threat to Freedom

    Forewarned is forearmed.

    JWK

    When violent hate America demonstrations occur in the U.S. (as they now are) and terrorist attacks begin on American soil, also now occurring, let us not forget it was the current Democrat Party Leadership who encouraged and invited millions upon millions of poverty-stricken, poorly educated, low-skilled, diseased, disabled, criminal, un-vetted terrorist and religious fanatic foreign nationals, into our country.

  3. #13
    Senior Member johnwk's Avatar
    Join Date
    Jan 1970
    Posts
    2,841

    U.S. Representative Zach Nunn resurrects fraudulent balanced budget amendment

    .
    See: Nunn Introduces Balanced Budget Amendment


    With all the talk about DOGE looking to deal with reckless spending, Rep. Zach Nunn has decided to jump on the bandwagon and introduced a so-called balanced budget amendment that has been around for years. The only problem with Zach's amendment is, it does not compel Congress to balance the annual budget but would actually make it constitutional for Congress to add to the national debt year after year as is now the case.


    Currently, the only proposed balanced budget amendment which would effectively end Congress adding to the national debt year after year, after year is, the "Fair Share Balanced Budget Amendment" which is our Founder's remedy to deal with a deficit created by Congress's borrowing.


    And I still cannot find the DOGE team having given their support to creating any structural mechanism which would effectively end Congress adding to our national debt year after year and thus addressing the root cause which has brought us to our current national debt of $222 TRILLION, including unfunded debt liabilities.

    Last edited by GaiaGoddess; 01-04-2025 at 03:23 PM.

  4. #14
    Super Moderator GaiaGoddess's Avatar
    Join Date
    Feb 2024
    Posts
    4,289
    Quote Originally Posted by johnwk View Post
    And I still cannot find the DOGE team having given their support to creating any structural mechanism which would effectively end Congress adding to our national debt year after year and thus addressing the root cause which has brought us to our current national debt of $222 TRILLION, including unfunded debt liabilities.
    They are still on vacation for Christmas and New Year's, but this next week we "should" see more activity

    There are other key platform updates that they have NOT performed:

    Notes [in the 12/27 post update]:

    - As of 1/4/2025, Bills that have become Law are only displaying up to 12/23/2024 so this group of 50 have not yet been posted since they were signed on 12/24/2024.

    - Still searching for the complete list, but here [in the 12/27 Post update] are a few more Bills Biden signed into Law on Christmas Eve.


    https://www.alipac.us/f9/oh-no-biden-signs-50-bills-into-law-christmas-eve-2024-a-425650/





    Last edited by GaiaGoddess; 01-04-2025 at 03:29 PM.

  5. #15
    Senior Member johnwk's Avatar
    Join Date
    Jan 1970
    Posts
    2,841

    Rep. Tom Massie correctly calls Balanced Budget Amendment a fraud

    Quote Originally Posted by GaiaGoddess View Post


    They are still on vacation for Christmas and New Year's, but this next week we "should" see more activity

    GaiaGoddess,

    I have been following Congress’s reckless spending and borrowing since the 1980s and vividly remember in the 90's when Newt Gingrich was Speaker of the House who is currently a popular guest on Fox News and a so-called "conservative", proposed a number of balance budget amendments, not one of which actually and effectively would prevent Congress from adding to our national debt year after year.

    Every one of these BBAs allowed Congress to continue to add to our national debt, and even made it constitutional, for Congress to not balance the annual budget. The only member of Congress that I know who actually has spoken out and informed the public about the proposed balanced budget amendments being fraudulent is U.S. Representative Thomas Massie:
    .



    .

    I recently took the liberty to email Massie and provided a LINK to a thread in this forum where I provide our Founder’s remedy [the Fair Share Balanced Budget Amendment] to deal with any deficiency funded by Congress’s borrowing. I don’t know if he will ever get it because the only email I could find is “press@thomasmassie.com”


    In any event, if Congress is not stopped from adding to our national debt, which is now well past $222 TRILLION including unfunded debt liabilities, we most certainly will go the way of Rome when the Senate fiddled while it burned.

  6. #16
    Super Moderator GaiaGoddess's Avatar
    Join Date
    Feb 2024
    Posts
    4,289
    Quote Originally Posted by johnwk View Post
    I recently took the liberty to email Massie ... I don’t know if he will ever get it because the only email I could find is “press@thomasmassie.com”
    Recommend writing the Congressman at his Washington, DC office and copying his other two offices as follows:

    Honorable Congressman Thomas Massie
    Washington DC Office
    2453 Rayburn HOB
    Washington, DC 20515

    Honorable Congressman Thomas Massie
    Northern Kentucky District Office
    541 Buttermilk Pike, Ste. 208
    Crescent Springs, KY 41017

    Honorable Congressman Thomas Massie
    LaGrange District Office
    110 W. Jefferson St., Ste. 100
    LaGrange, KY 40031


    Congressman Thomas Massie, Kentucky
    https://massie.house.gov/contact/offices.htm


  7. #17
    Senior Member johnwk's Avatar
    Join Date
    Jan 1970
    Posts
    2,841
    Quote Originally Posted by GaiaGoddess View Post


    Recommend writing the Congressman at his Washington, DC office and copying his other two offices as follows:

    Honorable Congressman Thomas Massie
    Washington DC Office
    2453 Rayburn HOB
    Washington, DC 20515

    Honorable Congressman Thomas Massie
    Northern Kentucky District Office
    541 Buttermilk Pike, Ste. 208
    Crescent Springs, KY 41017

    Honorable Congressman Thomas Massie
    LaGrange District Office
    110 W. Jefferson St., Ste. 100
    LaGrange, KY 40031


    Congressman Thomas Massie, Kentucky
    https://massie.house.gov/contact/offices.htm

    Already in the works! Wil go out in tomorrow's mail.

  8. #18
    Senior Member johnwk's Avatar
    Join Date
    Jan 1970
    Posts
    2,841

    AMERICANS FOR PROSPERITY tout a balanced budget amendment but . . .

    Here is a recent and interesting article regarding the subject at hand:

    Why don’t we balance the national budget? What would it look like?

    Dec 26, 2024
    "While American families must balance their budgets, Congress does not.
    That’s why the United States government is over $36 trillion in debt — and growing.
    The cost to taxpayers?
    Approximately $107,000 per person.
    So, how can we get out of this economic mess?"

    What interests me about the AFP article is, the Fair Share Balanced Budget Amendment, which has been around for over thirty years, meets their criteria, and yet, to the best of my knowledge, they have never mentioned it.

    In regard to the criteria for a BBA mentioned in the AFP article, the Fair Share Balanced Budget Amendment meets that criterion: it puts no limit on the amount of revenue Congress may raise or spend during the course of a fiscal year, nor prevents Congress from spending how it chooses. The FSBBA merely stops Congress from effectively adding to our national debt year after year after year and creates a very real moment of accountability for the people of each state and their State Legislature and Governor, when each State's Congressional Delegation must return home with a bill in hand for their State to pay an apportioned share to retire the debt caused by borrowing the previous year and they learn there is no free lunch coming from Washington D.C's cesspool.

    JWK

    "In matters of power let no more be heard of confidence in men, but bind him down from mischief by the chains of the Constitution. ... Thomas Jefferson’s Fair Copy of the Kentucky Resolutions of 1798


    Last edited by GaiaGoddess; 01-07-2025 at 07:39 PM.

  9. #19
    Senior Member johnwk's Avatar
    Join Date
    Jan 1970
    Posts
    2,841

    The United States may be headed for a default in 2025

    .
    See: U.S heading for default in 2025, potentially tanking the U.S. credit rating and sending shockwaves through global markets

    Also see: Moody's Might Downgrade US Credit After the Election

    One thing is irrefutable. Congress has been acting in financial ways that are destructive to the general welfare of the United States, and our Constitution is being subverted by misappropriation of federal revenue. Shouldn't DOGE list these two root causes in their plan and offer a remedy which effectively prevents Congress from adding to our national debt, year after year after year, perhaps by adding a balanced budget amendment to our Constitution?
    .
    JWK


    "In matters of power let no more be heard of confidence in men, but bind him down from mischief by the chains of the Constitution. ... Thomas Jefferson’s Fair Copy of the Kentucky Resolutions of 1798


    Last edited by GaiaGoddess; 01-07-2025 at 07:38 PM.

  10. #20
    Senior Member johnwk's Avatar
    Join Date
    Jan 1970
    Posts
    2,841

    Steve Levy at Newsmax addresses U.S. Debt, suggests balanced budget amendment

    .
    .
    See: Fiscal Hawks Should Push for Balanced Budget, Not Debt Ceiling

    January 3rd, 2025

    If we as a nation are to solve our enormous debt and spending dilemma, we must first understand what the debt ceiling is — and is not.
    Steve Levy goes on to promote a balanced budget amendment, but nowhere does he offer the text of a well-designed BBA which meets necessary fundamental criteria such as:

    • Does it allow Congress to raise all necessary revenue, including in times of emergency?
    • Does it limit how Congress raises its revenue in a manner that is consistent with our nation’s founding principles?
    • Does it allow spending as found necessary by Congress during the course of a fiscal year?
    • Does it create a real and immediate moment of accountability for each State’s Congressional Delegation, when Congress borrows during the course of a fiscal year to meet its expenses?
    • Does it contain an escape clause rendering the amendment meaningless or allow Congress to effectively add to the national debt, year after year?



    Aside from Mr. Levy not offering the text of an appropriate BBA, to his credit, he is spot on in that a well-designed “. . . balanced budget requirement would force many . . .” needed spending cuts “. . . to be implemented by a recalcitrant big spending Congress,” and would thus help in dealing with our national debt crisis.

    .

Page 2 of 5 FirstFirst 12345 LastLast

Similar Threads

  1. Trump appoints Elon Musk, Vivek Ramaswamy to head new DOGE “Manhattan Project” to opt
    By Airbornesapper07 in forum Other Topics News and Issues
    Replies: 0
    Last Post: 11-15-2024, 04:52 PM
  2. DEMOCRATS PLAN TO MAKE MUSK TESTIFY IN CONGRESS OVER TWITTER PURCHASE WATCH
    By Airbornesapper07 in forum Other Topics News and Issues
    Replies: 0
    Last Post: 04-30-2022, 07:37 PM
  3. Replies: 1
    Last Post: 02-10-2020, 03:03 PM
  4. Replies: 4
    Last Post: 10-03-2019, 05:56 PM
  5. Congress: VAT Option as a Cure for Runaway Deficits
    By AirborneSapper7 in forum Other Topics News and Issues
    Replies: 0
    Last Post: 12-13-2009, 09:36 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •