Ronald David Bruno
Well-Known Member
It's a great department, why haven't they tried this sooner. In 25 years, we accumulated all this debt.DOGE updates Feb 20 2025
- Initiatives eliminated: 1,203
- Total savings: $55 billion
- Savings per federal taxpayer: $359.48
- Progress towards minimum goal of $500 billion in savings: 11%
- Progress towards best case savings scenario ($2 trillion): 2.75%
- WJNO news radio credit
Downsizng government, eliminating wasteful spending and corruption, (thieves), is a start. But the debt is a challeng. They receive $5 trillion in taxes/yr. Even if they only spent $4 trillion, the interest on the debt alone is about $1 trillion. Selling foreigners citizenships for $5 million? Whose going to purchase that? They would need 7 million very wealthy applicants.
"The US government owes the $36.5 trillion in debt to a mix of entities, including foreign governments, private investors, and even to itself through various government accounts and trust funds.".
My question is: Do we owe the Federal Reserve for printing trillions of dollars , as if we borrowed it paper that they assign trillions of dollars or value to out of thin air? These Feds have quadrupled their wealth. It is as if there are two governments, theirs and ours. We need to get rid of the Federal Reserve and go back to the Gold Standard of which there only seems to be $500 billion in Fort Knox. Where did our gold go? Foreign countries bought it and our government wasted it?
They talk about social security becoming insolvent, but they went into that SS trust fund in the 80"s - stole it, shouldn't have touched it. They owe us. We paid our taxes and they mismanaged it. We should be released of such debts - especially to the feds. How about a class action law suit against the Federal Reserve and while we are at it, China, for the Covid-19 virus that cost us $10 trillion?
Awe, heck with it! Come Lord Jesus!
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