Powell: "Now Is Not The Time To Be Concerned About Debt"

Source: https://www.treasurydirect.gov/NP/debt/search
Published: Apr 29, 2020
Author: Horse
Post Date: 2020-04-30 00:19:49 by Horse
Views: 2479

04/28/2020 $24,802,438,295,107.87 Total Federal Debt

03/31/2020 $23,686,870,812,640.08


$1,115,567,482,467.79


Poster Comment:

Powell: "Now Is Not The Time To Be Concerned About Debt"

Ok, so when will it be the time to worry about the Federal debt?

On the first of May Social Security recipients will get their $1,200 stimulus check, $2,400 for married couples. There are 61 million Social Security recipients. That $73 billion in bonds will have to sold on either the 29th or 30th. That will spike the federal deficit for April.

Post Comment   Private Reply

#1: Pinguinite    To: Horse (#0)

Ok, so when will it be the time to worry about the Federal debt?

That's exactly it. NEVER has the Fed or the gov been concerned about the debt. It's really embarrassing, or should be, to hear this kind of comment from a central bank bureaucrat.

Pinguinite posted on 2020-04-30 00:36:05   Reply   Private Reply


#2: Lod    To: Horse (#0)

The checks go to individuals/couples with AGIs of less than $75/150K. Not all SS recipients get stimulated.

Lod posted on 2020-04-30 07:07:14   Reply   Private Reply


#3: ghostdogtxn    To: Horse (#0)

ghostdogtxn posted on 2020-04-30 07:21:53   Reply   Private Reply


#4: Lod    To: ghostdogtxn (#3)

If you could create an endless supply of currency at the expense of other people, when would you stop?

A+

Lod posted on 2020-04-30 07:32:52   Reply   Private Reply


#5: BTP Holdings    To: ghostdogtxn (#3)

The issuance of debt is how the banks of the Fed steal the wealth of the world. Of course they aren’t “worried” about it. If you could create and endless supply of currency at the expense of other people, when would you stop?

In Star Trek, the Ferengi used gold pressed Latinum as money.

Now I hear China is accumulating gold in large quantities and planning to release a 20% gold backed Yuan.

If that happens, the dollar will crumble into dust since it is only backed by promises to pay. :-/

Gold and silver were a very powerful form of money and this is the reason it was used in the Constitution.

In ancient Rome they were clipping coins to make the precious metals go further. ;)

BTP Holdings posted on 2020-04-30 07:33:49   Reply   Private Reply


#6: noone222    To: Horse, BTP, Lod, All Slaves (#0)

14th Amendment Section 4.

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

Shut the fuck up slaves. You should have spoken up a very long time ago !

noone222 posted on 2020-04-30 07:39:39   Reply   Private Reply


#7: BTP Holdings    To: Pinguinite (#1)

It's really embarrassing, or should be, to hear this kind of comment from a central bank bureaucrat.

There were three countries in the world without a Rothschild Central Bank, Cuba, Iran and North Korea.

Since Kim stepped across the DMZ and embraced Moon ending the Korean War, that leaves two on the list, Iran and Cuba.

Why do you think John Bolton was beating the war drums against Iran? :-/

BTP Holdings posted on 2020-04-30 07:52:25   Reply   Private Reply


#8: noone222    To: ghostdogtxn (#3)

The issuance of debt is how the banks of the Fed steal the wealth of the world. Of course they aren’t “worried” about it. If you could create and endless supply of currency at the expense of other people, when would you stop?

I'd like to add that if your statement is accurate, and I think it is, the larger truth would surely imply that the international bankers would be most generous towards their own kind. What kind you might ask ??? Well look at the people with seemingly unrestricted monetary restraints that have come to own the media, the banks, the slimy politicians, and virtually every American's wages into perpetuity.

I had a conversation with my dad wherein he said "those Jews are just smarter than everyone else and that's why they are running everything" ! My reply was, "if I had the monopoly on the creation of currency/money dad, you'd be the father of the wealthiest man on earth, and I'd own every fucking thing, and regardless of my I.Q. I'd appear to be the smartest son of a rich bitch on planet earth."

Central Banking and the international cabal of fiat manipulation has enslaved the entire world with the only exceptions being some of the middle eastern oil rich countries that haven't needed to borrow from the Rothschilds.

Let us stop pretending that things will just work their selves out because they won't. Americans have become the epitome of spineless pussies that have witnessed the incremental destruction of everything they had claimed to cherish. Bullshit, Americans have become the battered wife of Washington D.C. that while being beaten black and blue by the tyrant in D.C. continues to insist that "I know D.C. still loves me." Un-Fucking-Believable !

noone222 posted on 2020-04-30 07:59:04   Reply   Private Reply


#9: BTP Holdings    To: noone222 (#6)

The worst scam was when FDR abrogated the gold standard in 1933 and forced people to turn in their gold for $20/oz. Then gold was revalued to $35/oz. Smart people kept their gold for their progeny.

The best thing Nixon ever did was to restore the right of the people to own gold. He also closed the gold window in 1971 which prevented foreign nations from redeeming their dollars for gold. ;)

BTP Holdings posted on 2020-04-30 07:59:36   Reply   Private Reply


#10: noone222    To: BTP Holdings (#9)

The worst scam was when FDR abrogated the gold standard in 1933 and forced people to turn in their gold for $20/oz. Then gold was revalued to $35/oz. Smart people kept their gold for their progeny.

Well, I wouldn't put the abrogation of the gold standard at the top of the list of FDR's treason. He made all Americans the enemy of the state by Amending the Trading with the Enemy Act.

I'm really having trouble pointing the finger at others when deep down inside I know that these changes over time that have us in a really precarious position today are our own fault. We pitch a bitch daily but actually do nothing ... and that's the problem.

noone222 posted on 2020-04-30 08:11:07   Reply   Private Reply


#11: Dakmar    To: BTP Holdings (#9)

The best thing Nixon ever did was to restore the right of the people to own gold. He also closed the gold window in 1971

Inflation really took off after that. A new Ford Maverick could be had for less than 2K in 1970, a top of the line Caddy was about 6K. A stripped down Ford business coupe went for $1,333 in 1949, so there wasn't much inflation in that 20 year period.

Dakmar posted on 2020-04-30 08:47:03   Reply   Private Reply


#12: Lod    To: Dakmar (#11)

Soon after that, OPEC was created and the world's oil market went nuts.

Lod posted on 2020-04-30 08:57:45   Reply   Private Reply


#13: BTP Holdings    To: noone222 (#8)

middle eastern oil rich countries that haven't needed to borrow from the Rothschilds.

I knew a Bird Colonel in the Pentagon back when Jerry Ford was President. After the 2nd attempt on Ford's life, Ford said, "It is getting to be that the President can no longer walk among the people."

The Colonel retired to his farm in Virginia and started looking into what was going on. His first book on his investigation was titled, Barbarians Inside the Gates (out of print).

I stopped by his farm to visit with him back around 2007 or 2008 when I was driving the big truck.

After he passed away, I talked with his widow. She said, "I remember a young man stopping by to visit who was driving a truck."

She sent me several of his books for the cost of postage which I gladly paid her for.

One book, his fourth in the Barbarians series titled, The Bush, Cheney, Clinton Crime Cult's Chaotic Crisis sells for $150 on the AFP Bookstore and for $179 on Ebay.

PM me for my price. ;)

BTP Holdings posted on 2020-04-30 09:14:01   Reply   Private Reply


#14: BTP Holdings    To: noone222 (#10)

1. He made all Americans the enemy of the state by Amending the Trading with the Enemy Act.

2. I'm really having trouble pointing the finger at others when deep down inside I know that these changes over time that have us in a really precarious position today are our own fault. We pitch a bitch daily but actually do nothing ... and that's the problem.

1. You are correct about this. I knew about what was done with the Amendment of that act. It is still floating around inside my head. If I can gather my thoughts and as the ill effects of the meningitis recede I will be better off.

2. All of my personal property has been plundered and stolen at the place I work. It was moved in there when I had to close the storage locker it was in. It is likely I lost over $10,000 in value which can never be replaced. Was lucky to sell the ammo for $4,100 but I did not see a penny of that since my Conservator glommed it.

I do still have that .308 rifle here and intend to get it over to the place here on the square so it can be checked in. Then I can get a credit for a new pistol, holster and case of ammo. Likely some extra mags for it too.

BTP Holdings posted on 2020-04-30 10:18:00   Reply   Private Reply


#15: BTP Holdings    To: Dakmar (#11)

A stripped down Ford business coupe went for $1,333 in 1949

I bought my first vehicle in 1976. I ordered it special. It was a stripped down Blazer with straight six, three on the tree and lock out hubs. I paid $7,600 for it. It lasted a long time. I even drove it down to Arkansas and out west to New Mexico to do some mineral collecting.

I sold it to a friend in Chicago, He pulled the straight six and dropped a V8 into it. He blew up the rear end and then could not find parts. Mine had a 4.11 rear end. Others were 3.73. That Blazer is in the junk yard long ago. :-/

BTP Holdings posted on 2020-04-30 11:38:48   Reply   Private Reply


#16: NeoconsNailed    To: Horse (#0)

Now Is Not The Time To Be Concerned About ANYTHING except getting that vaccine and that digital skin stamp! Otherwise what's the point of the corona crisis?

NeoconsNailed posted on 2020-04-30 12:42:40   Reply   Private Reply


#17: noone222    To: NeoconsNailed (#16)

Now Is Not The Time To Be Concerned About ANYTHING except getting that vaccine and that digital skin stamp!

I'd be right after it if the freakin lines weren't so long !

noone222 posted on 2020-04-30 18:06:37   Reply   Private Reply


#18: NeoconsNailed    To: noone222 (#17)

HURry, HURry, HURry, get it done! Push in at the head of the line or you'll DIE!

NeoconsNailed posted on 2020-04-30 18:10:19   Reply   Private Reply