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Rival Killer [3043]
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Meet Russell Vought, our new OMB Chairman...
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Feb 7, 2025, 9:50 AM
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https://apnews.com/article/trump-russell-vought-confirmation-budget-project-2025-7d1c476694176876256e95cecbd49231
Russell is also the author of Project 2025, the book that Trump pretended he wanted nothing to do with.
Vought will be all about impounding funds, and essentially trying to destroy the separation of powers between the executive and the legislative branch.
So, did the Republicans vote against him, in order to avoid what will certainly be a constitutional crisis, when he impounds funds on a level never seen before? Of course, not. The Cult demanded that he be approved. And what The Cult wants, The Cult gets.
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Paw Master [16777]
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You: impounding funds. Me: cutting the fat, stopping DNC money laundering***
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Feb 7, 2025, 9:54 AM
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Ultimate Clemson Legend [105601]
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If I were President......
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Feb 7, 2025, 10:19 AM
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I'd hold a meeting with all 50 governors from every state. Also invite the heads of every state legislature. We'd all meet in a big room with hundreds of cameras and every press camera in DC. There would be a large sign with big, bold letters right at the entrance to the building that says "Check your politics at the door". The meeting would be to propose, AND coordinate, an Article V convention of the 50 states, and their legislatures. I would demand that the states ONLY address two proposed amendments. One would be term limits for both houses of Congress (2 terms would work). The other would be a balanced budget amendment, to be phased in over 10 years.
Take ONLY these two amendments back to your states, propose bills, and vote. Send your laws, if passed, to the Secretary of the US House of Representatives and the US Senate. If the Secretaries of both legislative houses receive signed laws from 35 states or more, then that Amendment is signed by me, as President, and it will be added to the US Constitution.
The only way this would work is to INFORM THE PEOPLE of the option, how it works, and why it is important. It will be attacked roundly in the state legislatures. Congress will threaten to withhold funds, politicians will be bribed, and there will be a concerted effort to water down any legislative bill. You HAVE TO TELL THE PEOPLE THIS WILL HAPPEN, and to expect it. Over 75% of Americans from all political stripes, support both Congressional term limits and a balanced budget. It's not political. It's rational and prudent. If this doesn't happen, our future is entirely predictable.
If I had a time machine, and could go back to Philadelphia and talk to the founders gathered to sign our Constitution, the ONE THING I would beg of them is to expand on Article V. Be very specific. Make it a workable, and clearly defined process. IT WILL BE NEEDED.
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Paw Master [16777]
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Those "people" in Philidelphia structured the Fed govt as the weakest of all.
Feb 7, 2025, 10:22 AM
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They didn't cause this.
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Ultimate Clemson Legend [105601]
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Re: Those "people" in Philidelphia structured the Fed govt to check and
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Feb 7, 2025, 10:30 AM
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balance itself since human nature is to abuse power. It established a republic. France had a revolution that paralleled ours. Monarchs were overthrown, democracies were established. What was the difference between France's outcome, and America's outcome? Understand that and you will understand our Constitution a little better.
Nothing more "REPUBLICAN" than taking the issue to the states to save the nation.
THE STATES CREATED THE NATION. THEY SHOULD FIX IT.
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Clemson Icon [24329]
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With a balanced budget amendment, in the event of an economic downturn that
Feb 7, 2025, 10:38 AM
[ in reply to If I were President...... ] |
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causes employment to fall and and the demand for unemployment benefits to rise in the face of plummeting tax revenues, where would the money come from? If there is no money available for increased unemployment and health benefits, how would a deflationary spiral be avoided?
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Clemson Icon [27325]
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The FED... See 2008. Banksters always make bank.***
Feb 7, 2025, 10:48 AM
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Ultimate Clemson Legend [105601]
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Well, hopefully phased in over 10 years, we would end up not defaulting
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Feb 7, 2025, 10:51 AM
[ in reply to With a balanced budget amendment, in the event of an economic downturn that ] |
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or collapsing. But the #1 goal for anyone in Congress, in both parties, is to get reelected. And ever since Reagan famously asked if you're better off now than 4 years ago, the conventional wisdom has been to spend lavishly on your constituents, and they will vote for you again and again and again and again and.......
And to legislate, or simply ignore, laws that prevent deflation. See, while Congress has been spending like drunken sailors, they have also been embracing free trade, trade deficits, massive reliance on imports, and ignoring illegal immigration or any meaningful immigration reform, leaving that to the Executive to ignore. A lack of term limits, over time, has been MASSIVELY deflationary, and it's all been carefully managed. This allows Congress to spend more and more debt, as long as you keep inflation low, deflationary pressure on the economy with cheap illegal domestic labor and cheap imports made with cheap foreign labor, you can easily service $10, $20 trillion in debt.
The higher the debt gets, the more sensitive it is to inflation, and the more danger there is with ever lowering levels of inflation needed to cause problems.
IDEALLY, we continue to embrace immigration and free trade/trade deficits, while cutting spending over 10 years. If you maintain the deflationary policies of the past, while cutting spending, you shrink the time needed to balance your budget. Attack with tariffs, and kick out illegals, and you add inflationary pressure that will defeat the savings from spending cuts. It's all very dangerous, and we may be too late to do anything anyway. This needed to be done 20 years ago. Heck, 30 years ago.
But doing what I would do is a power play Trump would never do. Trump would rather toss the Constitution (he sees it as weak and useless) and become king or emperor. If you're going down a steep hill on your bike and your brakes fail, you need to stop. Electing Trump is like tossing a stick in the spokes. The bike stops, you flip over the handlebars, and bust your face open. The other option is to use your shoe and gently slow the momentum to a controlled stop. This has the added benefit of saving the bike as well. You may need new shoes, but you won't need facial reconstructive surgery, or a new bike.
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Clemson Icon [24329]
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Trump and Musk are creating the illusion of drastic spending cuts to politically
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Feb 7, 2025, 11:23 AM
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justify large tax cuts for the wealthiest and corporations while increasing sales taxes in the form of tariffs that disproportionally impact lower income earners, exploding deficits and debt while shifting the tax burden down the income scale. Reducing the supply of labor with mass deportations only makes matter worse.
Based on your explanation, it would appear we are headed for an economic crisis. The bond market will be interesting. Is there a housing crisis in our future?
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Oculus Spirit [41983]
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taxes on foreign corporations is bad
Feb 7, 2025, 12:38 PM
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Taxes on American corporations is good
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Clemson Sports Icon [52220]
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I believe Trump when he says he didn't read Project 2025.
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Feb 7, 2025, 10:31 AM
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He doesn't read anything.
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