Today On The Senate Floor

Discussion in 'Politics' started by Mopar Dude, Mar 23, 2020.

  1. Mopar Dude

    Mopar Dude Well-Known Member

    Never Were Truer Words Spoken

    Summing it all up was Sen. John Neely Kennedy (R-La.), who took his turn on the Senate floor, shaking his head before declaring: “This country was founded by geniuses but it’s being run by a bunch of idiots.”

    “You know what the American people are thinking right now?” Kennedy inquired rhetorically. “They’re thinking that the brain is an amazing organ. It starts working in a mother’s womb and it doesn’t stop working til you get elected to Congress.”
     
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  2. JohnHamilton
    Pensive

    JohnHamilton Well-Known Member

    Yes, the Democrats are looking for angles where they can set some more permanent government programs that will remain after this crisis is has finished. It’s immaterial whether those programs are necessary. All that matters is that the size of government is increased. One of Democrat melon heads in Congress said that yesterday. “We need to use this crisis to further our agenda.”

    The Democrats don’t care about us; they only care about themselves; find ways to stay in office; and find government jobs for their family members and those who kick in money to their campaigns. Siphon off that campaign money when you can. Bernie Sanders has become a master at that by giving money to his family members in exchange for running his campaigns.

    Biden has taken care of his family for years. His son, Hunter, has only been the visible recipient. His other sons and brother have also waddled up to the public trough quite often.

    Do Republican politicians do this? Absolutely. But the socialist government that the Democrats are now promoting provides with far more opportunities for political nepotism.

    One of the things that concerns me now is how much the money the Federal Reserve is going to pump into the economy. A massive increase in the money supply will result in massive inflation. The Fed is now creating money and buying government bonds with it to finance this one to two trillion dollar package the politicians are now cooking up in Washington.

    The Fed has been doing this for a while, but not on this level. A slower than normal velocity of money (how many times a dollar in spent in a year) has helped hold inflation down, but I am afraid that the lid is about to blow off it.

    Here’s a piece of advice. Refinance your mortgage now. When inflation kicks in, nominal interest rates are going to be much higher.
     
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  3. toughcoins

    toughcoins Well-Known Member

    The liberal mantra must be, 'don't give the nation what it needs until we get what we want'.

    November cannot come soon enough.
     

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