Author Topic: Trump says DeSantis ‘sided with the communists in China’ over US farmers  (Read 1400 times)

0 Members and 1 Guest are viewing this topic.

Online libertybele

  • Cat Mod
  • *****
  • Posts: 61,517
  • Gender: Female
  • WE are NOT ok!
Re: Trump says DeSantis ‘sided with the communists in China’ over US farmers
« Reply #25 on: September 09, 2023, 07:54:51 pm »
I agree ethanol subsidies are a boondoggle. You know what I want to see cut? A $500 Billion cut in defense spending until the  Pentagon can pass an audit.

Audit the Fed.
I Believe in the United States of America as a Government of the people, by the people, for the people; whose just powers are derived from the consent of the governed; a democracy in a republic; a sovereign nation of many sovereign states; a perfect union one and inseparable; established upon those principles of freedom, equality, justice and humanity for which American patriots sacrificed their lives and fortunes.  I therefore believe it is my duty to my country to love it; to support its Constitution; to obey its laws to respect its flag; and to defend it against all enemies.

Online bigheadfred

  • Hero Member
  • *****
  • Posts: 19,274
  • Gender: Male
  • One day Closer
She asked me name my foe then. I said the need within some men to fight and kill their brothers without thought of Love or God. Ken Hensley

Offline Maj. Bill Martin

  • Hero Member
  • *****
  • Posts: 11,496
  • Gender: Male
  • I'll make Mincemeat out of 'em"
Re: Trump says DeSantis ‘sided with the communists in China’ over US farmers
« Reply #27 on: September 09, 2023, 09:51:09 pm »
Audit the Fed.

It already is audited.  That's why I've never quite understood what "audit the Fed" is supposed to mean.

Offline LMAO

  • Hero Member
  • *****
  • Posts: 17,743
  • Gender: Male
Re: Trump says DeSantis ‘sided with the communists in China’ over US farmers
« Reply #28 on: September 10, 2023, 01:57:12 am »
This is a really stupid argument Trump is making

Farmers had to be bailed out by taxpayers because of Donald Trump‘s trade policy and because Ron DeSantis opposed that, it means he’s siding  with Chinese communist.



I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them.

Barry Goldwater

http://www.usdebtclock.org

My Avatar is my adult autistic son Tommy

Online Hoodat

  • Hero Member
  • *****
  • Posts: 40,802
Re: Trump says DeSantis ‘sided with the communists in China’ over US farmers
« Reply #29 on: September 10, 2023, 03:03:05 am »
It already is audited.  That's why I've never quite understood what "audit the Fed" is supposed to mean.

There is really nothing to audit.

-  Congress wants to spend more money than it collects in revenue

-  Congress asks the Treasury to sell bonds in order to raise the capital

-  The Treasury tells Congress that in order to raise the $2 trillion it requests for the current year, they will have to offer at least 18% interest on those bonds in order to compete for existing investment dollars.

-  Instead of agreeing to those interest rates, Congress goes to the Fed instead and asks them for the money

-  The Fed (who has no actual money of its own) issues $2 trillion in new made-up money and hands that to the Treasury.  The Treasury then hires Goldman Sachs to print up bonds (for a percentage) at a ridiculously low interest rate and hand them over to the Fed for the money it just created out of thin air.

-  Congress never pays the money back.  It remains in circulation forever, effectively devaluing the currency which fuels inflation.


The Fed isn't the problem.  Congress is the problem.  And so is the Executive Branch.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline Maj. Bill Martin

  • Hero Member
  • *****
  • Posts: 11,496
  • Gender: Male
  • I'll make Mincemeat out of 'em"
Re: Trump says DeSantis ‘sided with the communists in China’ over US farmers
« Reply #30 on: September 10, 2023, 05:54:04 am »
There is really nothing to audit.

Well, it does have a budget, employees expenses, etc.  And it does get audited.

https://www.stlouisfed.org/about-us/is-the-fed-audited#:~:text=The%20Fed%20is%20extensively%20audited%2C%20as%20required%20by%20federal%20law.&text=Each%20Reserve%20bank%20has%20internal,activities%20of%20the%20Reserve%20banks.

But I think when political s and citizens demand that the Fed be "audited" they must mean something else.  But I have no clue as to what that means, and I don't think the people demanding it do either. 
« Last Edit: September 10, 2023, 06:52:07 am by Maj. Bill Martin »