You musta been out of the States. Under Clinton we had the longest economic expansion in U.S. history, interest rates fell making it easy to get loans for homes and cars, the government had surpluses in 1999 of 1.9 billion, and a record $84.6 billion dollar surplus in 2000. the Federal deficit was e-rased. Oil was $10 a barrel and hit a low of .95 cents at the pumps. He started the SCHIP program, allowed gays in the military and his administration, legislated violence against women, aid for schools, family leave, on and on. Here's a chart showing the number of jobs created. Blue are Democrats, notice a trend?
Meagain, funny how those who voted for Republicans don't even realize that Republicans don't create jobs, they hurt our economy by siphoning off the cream for themselves, leaving us with a bit of skim milk to fight over. You can expect the BILLIONAIRE cabinet and Mr. Trump (sorry can't acknowledge him as Pres, as he didn't win the popular vote), to do the same, but even worse. The rich now have the levers of society under their control. But what I'm seeing is a MILITARY COUP taking place in our gov't. So rather than FIRING the GENERALS as Trump promised, instead he's hiring every Billionaire general he can find for his cabinet. You can expect every Trump promise to be unkept, or at the very most, slightly implemented. In fact, Republicans nearly always promise one thing and do exactly the opposite. So what will all these Trump voters do, once they realize they've been HAD by one of America's biggest Con Artists???
That's a real possibility. To those who think Trump can't execute a coup and take over the government, remember no one thought he'd win the primaries or the general election. He already has the backing of most Republicans, the Senate, House, and soon the Supreme Court. Now he's loading his cabinet with billionaires and generals...and not rational generals for the most part. So what happens when Trump orders some type of war crime? The military will be forced to choose how to act. Trump could react by firing top military leaders and installing his own patsies to do his biding and he could call on his Republican buddies to back him up.
There's no amount of lube on earth that can sooth this level of butthurt. When is the DNC gonna stop playing the blame game, and regroup for a better winning strategy next time. I say they could try by NOT rigging their own primaries to run an unpopular corporatist down our throats. That'd be a good start.
143. Another billionaire and Wall Street insider, Vince Viola added to Trump's picks. That's at least 5 counting Trump. Viola will be Secretary of the Army. Vincie was a trader on the New York Mercantile Exchange and founded Virtu Financial. You can give up hope of any crackdown on High Frequency Trading.
144. Approximately 400 NSC staffers are considering leaving the department over the pick of Gen. Looney Flynn as head, reports The Guardian. 145. Above the Law!! Newt Gingrich, one of Trump's closet advisers, thinks it's okay for Trump to pardon any of his advisers if they break the law!
146. Conflict of Interest Alert!!! Again. Trump is applying pressure on foreign diplomats to stay at Trump properties. Can you say emoluments clause?
147. Mick Mulvaney, the future Budget Directer, spoke in front of the John Birch Society and told them that the Federal Reserve is involved in conspiracies to establish a one world government. Another racist conspiracy nut.
He's not the only conspiracy nut blasting the Federal Reserve. Check this out: H-1127.1 HOUSE JOINT MEMORIAL 4010 State of Washington 61st Legislature 2009 Regular Session By Representatives Condotta, Shea, Klippert, Kretz, and McCune Read first time 01/30/09. Referred to Committee on Financial Institutions & Insurance. TO THE HONORABLE BARACK OBAMA, PRESIDENT OF THE UNITED STATES, AND TO THE PRESIDENT OF THE SENATE AND THE SPEAKER OF THE HOUSE OF REPRESENTATIVES, AND TO THE SENATE AND HOUSE OF REPRESENTATIVES OF THE UNITED STATES, IN CONGRESS ASSEMBLED: We, your Memorialists, the Senate and House of Representatives of the State of Washington, in legislative session assembled, respectfully represent and petition as follows: WHEREAS, There is an unprecedented need for Congress to pass legislation to help protect American citizens against potential, unprecedented losses in the value of take-home pay, retirement income, insurance policies, and investments due to the recent large-scale increases in the money supply by the Federal Reserve for the purpose of bailing out large corporations, loans to foreign central banks, etc., by restoring gold and silver money in accordance with the Constitution, then phasing out the Federal Reserve System and its inflationary paper money, the Federal Reserve Note; and WHEREAS, Our Founding Fathers were very familiar with the disastrous consequences, such as sharp price increases and the loss of wealth by most citizens, experienced by those colonies that had issued paper money not backed by gold or silver; and WHEREAS, Our Founding Fathers were very careful to craft a Constitution that prohibits the issuance of paper money by either the federal government or the states by including such statements as "No state shall . . . make anything but gold and silver coin a tender in payment of debts . . . " (U.S. Constitution, Article I, Section 10), 6 and only empowering the federal government "To coin money, regulate the value thereof, and of foreign coin . . . " (U.S. Constitution, Article 8 I, Section 8); and WHEREAS, The U.S. Constitution designated the "dollar" as the standard of value (U.S. Constitution, Article I, Section, Clause 1 11 and the Bill of Rights, the Seventh Amendment), which was acknowledged in the federal Mint Act of 1792 to be a silver coin containing 371.25 grains (troy) of pure silver; and WHEREAS, Our national government's first experiment with an unbacked paper currency, the Civil War-era "greenback," led to the large-scale loss of wealth by U.S. citizens when they were paid with "greenbacks," which had only about half of the value of gold-backed notes; and WHEREAS, The creation of the quasi-public, independent Federal Reserve System by Congress in 1913 has led to our current monetary system of a fiat paper currency, the "Federal Reserve Note," not backed with either gold or silver since 1971; and WHEREAS, The Federal Reserve System created a 3,000% increase in the money supply (properly known as inflation) over the years 1959 to 2006 which led to an 89% loss in the purchasing power of our "Federal Reserve Note" paper dollars (the classic effect of inflation) during the same time period; and WHEREAS, The Federal Reserve System has been greatly increasing the money supply in recent years, and beginning with the financial crises of 2008, undertaking to create additional trillions of dollars out of thin air for bailouts with no end in sight, or as the New York Times for November 26, 2008, put it, "The Federal Reserve and the Treasury announced $800 billion in new lending programs on Tuesday, sending a message that they would print as much money as needed to revive the nation's crippled banking system."; and WHEREAS, As a result of these recent, large-scale increases in the money supply, we can expect unprecedented rounds of price increases and economic dislocations in the future, leading to unprecedented losses of the value of take-home pay, retirement income, insurance policies, and investments by most citizens, and possibly ultimate economic chaos; NOW, THEREFORE, Your Memorialists respectfully pray that the Congress of the United States, and particularly, the legislative delegation to Congress of the State of Washington, use all of their efforts, energies, and diligence to protect all the citizens of this nation from potential, unprecedented losses in the value of take-home pay, retirement income, insurance policies, and investments as a result of the Federal Reserve's ongoing inflation of our unbacked paper money by passing legislation (such as H.R. 2756 to repeal our nation's legal tender laws, H.R. 4683 "The Free Competition in Currency Act of 2007," and H.R. 5427 the "Tax-Free Gold Act of 2008") to help restore gold and silver money in accordance with the Constitution, then phasing out the Federal Reserve System and its inflationary paper money, the Federal Reserve Note (as in H.R. 2755). BE IT RESOLVED, That copies of this Memorial be immediately transmitted to the Honorable Barack Obama, President of the United States, the President of the United States Senate, the Speaker of the House of Representatives, and each member of Congress from the State of Washington.
Here is someone who disagrees with that statement: The government can have a surplus even if it has trillions in debt, but it cannot have a surplus if that debt increased every year. This article is about surplus/deficit, not the debt. However, it analyzes the debt to prove there wasn't a surplus under Clinton. http://www.craigsteiner.us/articles/16 ________________________________________________________________________________________________ From the same author: For those that want a more detailed explanation of why a claimed $236 billion surplus resulted in the national debt increasing by $18 billion, please read this: http://www.craigsteiner.us/articles/30
And what would he pardon her for? I'm unaware of any crimes she committed. Can you cite one and the court ruling?
who is playing a blame game? all I'm reading is the ongoing asinine antics of Trump. When are you gonna realize Trump is a moron and as I said before, Hillary is no longer part of the equation, get a new rallying point because that one is getting old and your making yourself look foolish by clinging to it so desperately.
There are different ways of measuring the Federal Debt, public debt fell, gross federal debt did not. I'm not getting into a debate about the federal debt under Clinton in this thread. Start a thread on the subject if you wish.
Some on this forum won't see this as nuts. The Fed ranks along with the Trilateral Commission, the Council of Foreign Relations, the Bilderberg Group. Bohemian Grove, the Freemasons, etc. as the epicenter of elite domination of the U.S and the world. Storch seems to be a True Believer in this regard.
148. The Weiner warrant that helped Trump win the election is found to be, unfounded! [SIZE=12pt]The warrant was issued two days after Comey announced that he suspected the laptop contained important emails...which they didn't.[/SIZE]
149. Conflict of Interest Alert!!! Trump's boys have put out a brochure offering access to Trump for lots of money! Of course now that this has become public Trump's team is denying it...same as the Ivanka tea party deal last week. Seems we have to keep an eye on these guys as they will continue to peddle insider influence if they can get away with it.