ENDLESS DEBT, ENDLESSLY 1-29-2018

It is hard to believe that the nation of farmers and small businessman, the America of 1776, that created the finest political document, the US Constitution, has fallen so far. As the Bible says, “a generation rose up that knew not these things.” We actually believe there is such a thing as a free lunch. We actually believe we can continue going into debt with no consequences, no limit, and no need to bother paying it off. Well, it’s the debt, stupid. It always has been, and it will always be true. You can’t spend more than you make, either as an individual, or a corporation, or a government. Yet, we not only keep doing this, we revel in it. We also think China will keep buying our Treasury bonds, they won’t, even as they are reduced to fancy toilet paper. The reckoning is due.

I find Trump to be a truly fascinating character. I am more of a never Hellary the Criminal voter, than a pro Trump voter. Still, on balance, Trump has done many good things, many neutral things, and more bad things than I like. Trump’s “economy” is roaring along; yet, the debt still piles up, in terms of both the federal deficit and the total federal debt. The debt was some $20 Trillion dollars when Trump took office, and it hasn’t gone down at all. In fact, even though “they” tell us the ratios have changed, the debt still goes up. The link below explains what is really happening. Trump has added over $500 billion in debt so far. It is estimated by the end of fiscal 2018, Trump will have added another 1 Trillion, to over 21 Trillion. Assuming he gets his 1 Trillion dollar “infrastructure project,” the figure could go much higher. Trump is turning out to be a “big spender.” His assumptions he will decrease debt by increasing economic growth, increase tax revenue, and cut spending are flawed. Like Reagan, Trump is increasing spending, decreasing tax revenue, and assuming greater economic growth over the next decade than will actually happen. The only credible way to decrease both the deficit and the total federal debt is to cut spending, which Trump won’t do. So, there you have it, gang. Once more we have decided debt is not important, and we will pay the price for that flawed assumption.

https://apnews.com/79871c1fec6f4d4eb56d4ea175b51105

US Treasury says government borrowing will hit 8-year high

By MARTIN CRUTSINGER
Yesterday

WASHINGTON (AP) — With the government’s budget deficit rising, the Treasury Department announced Monday that it expects to borrow $441 billion in the current January-March quarter, the largest amount in eight years.

The Treasury said this figure compares to actual borrowing of $282 billion in the October-December quarter. It will be the largest borrowing need since the government borrowed $483 billion in the January-March quarter of 2010, a period when the government was using stimulus spending to try to lift the country out of the Great Recession and provide support to the banking system after the worst financial crisis in seven decades.

The government’s borrowing needs have been rising as federal deficits have increased. The deficit for the 2017 budget year, which ended last September, totaled $665.8 billion.

Private forecasters believe this year’s deficit will climb to around $765 billion, and some are forecasting deficits for next year could once again top $1 trillion. Those projections reflect growing costs for Social Security and Medicare as the baby boom generation retires and the costs of the big tax cut that President Donald Trump pushed through Congress last month, a package estimated to boost deficits by $1.5 trillion over the next decade.

To cope with the higher borrowing needs, Treasury has asked Congress to raise the borrowing limit, which is currently $20.5 trillion. The government has continued borrowing money during the impasse but Treasury Secretary Steven Mnuchin’s will run out of room to use various bookkeeping maneuvers to stay under the current debt limit probably by early March.

Treasury on Wednesday will release the specific details of what types of securities it plans to sell this quarter to meet its borrowing needs.

Here is a link to the “debt clock.”

https://www.usgovernmentdebt.us/

https://fred.stlouisfed.org/series/GFDEGDQ188S

I will note the current total Federal debt equals 103 percent of our GDP. This is up from 99 percent as recently as 2015. The bottom line is total federal debt is increasing, as is the ratio to our total GDP. It should also be clear the interest payments to the vile Federal Reserve are also increasing.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

THE END OF THE REPUBLICAN PARTY 1-26-2018

We may have to wait a few days more for the Trump “will he or won’t he,” question to be answered fully. One thing I can confirm is that if, repeat if, the stories now coming out of DC saying Trump will “deal” 1.8 MILLION DACA kids and their family members to become Democrat Party voters, in return for “border security improvements,” it is game over.  Once the Democrats get two to three million new permanent voters, we will never see a RINO/REPUBLICAN POTUS, Senate or House majority in the next 100 years. Once the Democrats get those voters they will flip the following states: Florida, South and North Carolina, Virginia, Nevada, Arizona for sure. The Democrats will now have 270 Electoral College votes before the voting starts. The only issue in future Presidential elections is whether the Democrat POTUS nominee will win with 280, 300 or 325 votes. I think Trump is like one of those English Kings who invited in the Danes to fight his enemies, and then was surprised when they seized his land and killed him. I would say Trump is making a deal with the Devil, ie the Democrats, except I wouldn’t want to insult the Devil.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

The link is here.

https://www.zerohedge.com/news/2018-01-25/trump-give-path-citizenship-18-million-dreamers-exchange-wall-funding

Trump To Give Path To Citizenship For 1.8 Million Dreamers In Exchange For Wall Funding

THE SCHUMER SHUT DOWN 1-20-2018

It is pretty obvious to anybody with an IQ over single digits the Marxist Democrats now own the shutdown completely. The so called “opposition Party,” has chosen to represent illegals over US citizens. The truly amazing fact is the Democrats are openly doing this, in a brazen, in your face, manner. The level of contempt this shows for US citizens really is astounding when you ponder this. The Democrats have made the political judgment they need the illegals to be so grateful to the Democrats they will vote Democratic for the next 200 years. Still, Schumer and Pelosi have badly miscalculated on the shutdown. Even the whore/fake news press sees what is really happening here. And what is really happening here is the elected Democratic politicians have completely betrayed the citizens they represent. Trump has apparently come to his senses, after the famous meeting where he, well I’m not sure what Trump was thinking when he agreed with Senator Fienstein he wanted a “clean DACA bill.”

Despite some misgivings on my part, Trump has seen the light and is now both talking and acting like he really does want to build the wall,  end chain migration, and end the Diversity Lottery program. I will take him at his word, especially since he is giving Representative Cotton full control on the immigration negotiations with the Democratic Party traitors. And make no mistake here, anybody who wants to add several million new Democratic Party voters is a traitor. If Trump caves on DACA, it will mean a permanent Democratic Party majority for the next 200 years.

The Schumer Shutdown itself falls into the category of “what if they had a government shutdown and nobody noticed?” Personally, I would suspend all salary and benefit payments to both the House and Senate, and let them stew in their own juices as long as the shutdown lasted. It is a nasty reality that the politicians always exempt themselves from the laws they pass for the rest of us, and make damn sure they suffer no financial pain from anything they do.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

TRUMP’S ULTIMATE SELLOUT ON DACA 1-10-2018

Assuming POTUS Trump goes through with his “love fest,” on DACA, it will mean nothing less than the end of both the current RINO Republican Party, as well as the current form of the USA. The brutal mathematics of the Electoral College seals the fate of Trump and his RINO party.

The link is here to the Electoral College votes by state.

https://state.1keydata.com/state-electoral-votes.php

My comments are here.

When Trump lets the 800,000 dreamers in, and when he lets the 3 to 4 million family members in, using chain migration, the following states will permanently flip to the Democrats, and permanently make it IMPOSSIBLE FOR ANY REPUBLICAN TO BE POTUS EVER AGAIN.

The first state is Florida. 200,000 Puerto Ricans have flooded into it, and they are ALL Democratic voters. North and South Carolina will flip. Arizona and Nevada will flip. Once you permanently flip those states, when you add in all the rest it is a done deal.

Arizona- 11 Electoral Votes
California 55
Nevada- 6
Florida 29
North Carolina15
South Carolina 9
The total above is 125 out of the 270 needed.

The next list is permanent Democratic states

Hawaii 4
Washington 12
Oregon 7
Colorado 9
Connecticut 7
Delaware 3
Illinois 20
Maine 2 one half of 4
Maryland 10
Massachusetts 11
Minnesota 10
New Jersey 14
New Mexico 5
New York 29

The total for the above states is 142. 142 and 125 equals 267 electoral votes

WITH ALL THESE STATES THE TOTAL WOULD BE 267, OR 3 VOTES SHORT OF 270,
AND NOW THE DEMOCRATS HAVE FLIPPED VIRGINIA, WITH ITS 13 VOTES. ERGO, THE DEMOCRATS WILL WIN EVERY SINGLE PRESIDENTIAL ELECTION FOR THE NEXT CENTURY WITH A MINIMUM, AN ABSOLUTE MINIMUM, OF 280 ELECTORAL VOTES.

Gang, when Trump talks about the dreamers etc he IS CONCEDING A PERMANENT DEMOCRAT MAJORITY FOR THE NEXT CENTURY.

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU

 

IS THE CLINTON CRIME CABAL FINALLY GOING DOWN? 1-7-2018

Could it be the long delayed final justice for the Clinton Crime Cabal crashing and burning now be upon us? Could it be Hellary the Shrew, and her serial sexual predator husband, will finally face their long overdue reckoning for the long list of crimes they have engaged in for decades now? I certainly hope so. In fact, the rule of law here in the rotting corpse of the American Republic requires it. Still, the Clinton Crime Cabal has, much like the Energizer Bunny, just kept going, and going, and going. Perhaps now, finally, we will see them doing the perp walk, in handcuffs, and spend the rest of their miserable lives in jail, where they should have been years ago.

The link is here.

https://www.zerohedge.com/news/2018-01-07/upcoming-oig-report-likely-trigger-second-special-counsel-comey-lynch-and-clinton

Upcoming OIG Report Likely To Trigger Second Special Counsel; Comey, Lynch And Clinton In Crosshairs

While most of the MSM fixated last week on whether or not President Trump eats McDonald’s in bed while watching Gorilla TV, a flurry of investigative bombshells involving Hillary Clinton, the Clinton Foundation, and conduct by the FBI’s top brass during the 2016 election splashed across the headlines. As a quick review:

  • The DOJ is “taking a fresh look” into the Hillary Clinton email ‘matter’ 
  • The FBI has launched a new investigation into the Clinton Foundation the day after the Clinton’s Chappaqua property catches fire
  • Former FBI Director James Comey’s full Clinton memo was released, revealing felony evidence of changes which “decriminalized” Hillary Clinton’s behavior. Oh, and every one of the memos he leaked to his Cornell professor buddy was classified, per a sworn statement by the FBI’s “chief FOIA officer” in a sworn declaration obtained by Judicial Watch.
  • The House Intelligence Committee will be granted access to “all remaining investigative documents,” unredacted, along with all witnesses sought per a deal reached between Deputy Attorney General Rod Rosenstein and Nunes 
  • Opposition research firm Fusion GPS was forced to hand over banking records detailing various clients and their intermediary law firms, including the Clinton Campaign and a Russian money launderer whose lawyer was none other than Natalia Veselnitskaya of Trump Tower meeting fame

Most of these wheels which appear to be in motion are the result of corresponding groundwork laid on Capitol Hill you may not be aware of, including what might be the most important document in the entire process, expected in a little over a week. 

On January 15, the DOJ’s internal watchdog – the Office of the Inspector General (OIG), is expected to present their findings to Congressional investigators regarding a wide variety of alleged bias and malfeasance by the FBI, the Clinton campaign, and the Obama Administration – both during and after the 2016 election. Moreover, the man heading up the OIG investigation, Michael Horowitz, fought the Obama Administration to regain investigative powers which were restricted by former Attorney General Eric Holder during the Fast and Furious scandal. 

As you will read below, this highly anticipated report is likely to be the legal impetus behind a second Special Counsel – as detailed by an independent researcher from New York who goes by the Twitter handle “TrumpSoldier” (@DaveNYviii). His reporting, conveyed below, is a deep dig into the OIG’s ongoing investigation, how Congress and the OIG have worked in tandem to pave the way for a Special Counsel, and how Michael Horowitz went to war with the Obama Administration to restore the OIG’s powers.

Who is Michael Horowitz? 

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Michael Horowitz testifies before the Senate Judiciary Committee.

Horowitz was appointed head of the Office of the Inspector General (OIG) in April, 2012 – after the Obama administration hobbled the OIG’s investigative powers in 2011 during the “Fast and Furious” scandal. The changes forced the various Inspectors General for all government agencies to request information while conducting investigations, as opposed to the authority to demand it. This allowed Holder (and other agency heads) to bog down OIG requests in bureaucratic red tape, and in some cases, deny them outright.

What did Horowitz do? As one twitter commentators puts it, he went to war

In March of 2015, Horowitz’s office prepared a report for Congress  titled Open and Unimplemented IG Recommendations. It laid the Obama Admin bare before Congress – illustrating among other things how the administration was wasting tens-of-billions of dollars by ignoring the recommendations made by the OIG.

 

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After several attempts by congress to restore the OIG’s investigative powers, Rep. Jason Chaffetz successfully introduced H.R.6450 – the Inspector General Empowerment Act of 2016 – signed by a defeated lame duck President Obama into law on December 16th, 2016cementing an alliance between Horrowitz and both houses of Congress. 

See here for a complete overview of the OIG’s new and restored powers. And while the public won’t get to see classified details of the OIG report, Mr. Horowitz is also big on public disclosure:

Doomer Doug, a.k.a. Doug McIntosh now has a blog at www.doomerdoug.wordpress.com
My end of the world e book “Day of the Dogs” will soon be available for sale at smashwords. The url is
https://www.smashwords.com/books/view/267340 It is also at the following url
http://www.amazon.com/-/e/B007BRLFYU