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Susan Chapman's avatar

People have lived the high life for so long they don’t know any other way. I bought my pickup in 2001 brand new and still looks brand new and no payment. I have no desire for a new one. I made a nice pot of red beans and corn bread and love it. I started out making $2.25 an hour and have never wanted more than I can afford. It was hard in the early 70’s and 80’s recession and never wanted to be that way again. I didn’t have education which was bad for the era. I loved learning and studied about the Great Depression of the 30’s. People need to learn they don’t have to have a new car all the time and learn to cook. When we die there’s no taking it with you!

Redeemed Dissident's avatar

This is what the intentional, deliberate, and unilateral destruction of the economy looks like, which includes a complete collapse of the monetary system that is both unconstitutional (as if anyone has cared about that in decades, even centuries) and the sacking of the assets by the ruling class, who are swooning over the continued debt party in which the governance puppets have been actively engaged, per their scripted roles -- devaluing the pitiful, virtually worthless (97% devalued -- worth 3 cents???) dollar even further, while printing away and buying it back via the Treasury (the snake eats its tail). The consumers are getting raped financially as skyrocketing inflation (underreported since the numbers are constantly fabricated) continues and is exacerbated by ALL of the DJT Admin policies/practices & objectives, including the ongoing lie about tariffs being paid by anyone other then the end consumers who are shafted regularly and told to like it and even cheer for it. The temporary euphoria of the markets reflects the empty promises of the downward spiral of the debts and expenditures being allocated for war....it will not last, but the ruling class can abscond with more profits before foreclosures, bankruptcies, the "Great Taking" of investment assets pledged by investment companies are seized to pay their debts, and as bank deposits are held against the depositors "claims" against their funds....being creditors of last recourse...only to be granted when stablecoin (the means of total control) are instead substituted form the fiat paper now used. The new system is as feeble as the old, but it guarantees your behavior in exchange for conditional access via biometric ID -- something most must consider essential since they have no savings or they think that the money in their bank is either insured or somehow their property. Of course, other "conditions will also be imposed concurrent with the access to funds and other "privileges" as granted by the "benevolent" overlords. As a shadow of the once viewed as powerful and "independent" "nation state" known as the United States Inc reorganizes from its bankruptcy (morally, ethically, and financially) to become part of the North American Technate, as part of the regionalized, central governance apparatus that will superintend the affairs of the world with AI support and insights, it will be unrecognizable to anyone holding to the notion of democratic republic or a constitutionally-based "experiment". The faces of the architects of our demise hold titles and offices, but their masters are hidden from view, greedily and anxiously awaiting the final demise of what we once stood for and handed over to them willingly.

Carl L. McWilliams's avatar

The snake is eating its tail:

The U.S. Federal Reserve has recently been purchasing large amounts of U.S. Treasuries, with reports indicating that it bought $43.6 billion in Treasuries over four days in May 2025, including $8.8 billion on May 8 alone. This activity has raised questions about the Fed's monetary policy, as it appears to be a form of covert quantitative easing (QE) rather than quantitative tightening. Additionally, on July 11, 2025, the Fed purchased USD 20 billion in 3-year Treasury bonds in a single day, a move that was not publicly announced.

Carl L. McWilliams's avatar

News release 7/30/2025: "U.S. Economy Rockets up to Three Percent Growth in Second Quarter Under Trump" https://www.breitbart.com/politics/2025/07/30/u-s-economy-rockets-up-to-three-percent-growth-in-second-quarter-under-trump/

I disagree with the Secretary of the Treasury Scott Bessent. It is my posit there never was a recovery from the "great recession" of GWB/Obama Circa 2008-2009; while in 2025 any new growth in national GDP claimed by the federal government is only the "mirage of monetarism", because the on-going inflation in the US economy is the growth in GDP Scott Bessent is now claiming as economic growth. [Think Milton Friedman.]

Furthermore, my minority opinion is based upon the premise that with the federal government's deficit-to-GDP is currently @>7%; the 7% cannot be factored as real growth, in that real GDP growth must be paid for by national income and not government debt, that is rolled over annually. My perception of deficit spending is that we are consuming future GDP, while transferring payment of our present consumption to our grandchildren.

As of July 25, 2025, Second Quarter estimates a real GDP growth rate of 3.0 percent (seasonally adjusted annual rate). Therefore using my theory: With a 3.0% GDP growth- and a 7% of GDP deficit, the economy is actually in a deep recession of -4.0%.

And the only reason there hasn't been a complete economic collapse is by Congress adding these deficits annually to the national debt. By the end of FY 2008, the gross national debt had reached $10.3 trillion. Today the federal debt exceeds $37 trillion. Therefore, by using my metrics the economy has actually been in a recession since GWB/Obama and TARP and has been spackled over with $27 trillion in national debt.

John Eli Shaphat's avatar

Redeemed Dissident RE: The Marxist UN Beast’s eugenic Socialistic Security System is as life essential for it’s digitally-marked (ID-SS#) chattel as the old, and it guarantees their compliant, enslaved behavior in exchange for conditional access via AI biometric ID -- something all dependent ward chattel must consider life-essential in order to buy and sell in the Beast’s cashless global e-commerce. since they have no savings or they think that the money in their bank is either insured or somehow their property.

During the Orwellian “Digital Age” of Neo-Babel’s Global Village all global-e-commerce merchandise, including the souls of men, must be digitally-marked with the identification number (SS#; SIN#) of Socialism’s Security System. Mentally engraved within the consciousness of their hearts (their forehead’s memory) and embedded within their hand-held credit card is the digital name of the Marxist UN Beast. No man can legally buy, sell, engage in the cashless global-e-commerce, obtain a drivers license, a bank account, a passport, an airline ticket or be hired for employment without being branded for life with the Beast’s SS#. From cradle to grave the digitally-marked souls of Neo-Babylonians are happily enslaved as dependent-wards within the Marxist Beast’s Socialistically-Secured UN Global Village.

Masonic Pax American’s Social-Secured citizens are indoctrinated to proudly lay down their patriotic lives in militant defense of licentious Lady Liberty’s Masonic Constitution. Under God’s strong delusion they democratically bow their idolatrous hearts, in a worshipful corporate pledge of allegiance, before the Masonic Statue of Columbia’s sacred image—“Old Glory” (see Daniel 3:16). They are brainwashed chattel, not unlike COVID-19 inoculated beef cattle that permanently bear their master’s digital name stapled to their ear. Contently chewing their cud, these deluded beasts fatten up in the eugenic ‘security’ of the ‘Georgia Guidestones’ slaughter-house feedlot. Oblivious to the holocaust that awaits their numbered souls, they are like the Third Reich’s ghettoized Jews who were numbered, showered, and thrown into Auschwitz’s ovens. Revelation 18:4-

https://www.icloud.com/pages/0291M6Kc7AY4AG95u4n0m4l2A#Democracy's_knowledge_of_good_and_evil_12/27/2024

PJ4Ever's avatar

Would somebody please send this article to President Trump and tell him to quit screwing around with Zelensky and Putin (which IMO he has no business being involved in in the first place) and to refocus back on to the issues we have here at home!, ..... AND to help the Seniors who somehow always seem to get stuck with the short end of the monetary stick!

Kristina the Short's avatar

to Susan and all others smugly bragging about how wise/lucky they have been: cut it out. You're not helping.

Emergencies happen. Family pressures happen. Not everyone is a selfish entitled [whatever]. It's morally wrong of the banks/lenders to take advantage of people. In the days when the Bible was first being lived out, interest above 3 or 4 % was a sin.

Trump talked in December 2024 (as I recall) about having credit card companies charge no more than 10%. If he could pull that off, it would be life-changing! but I haven't heard a whi$per of it since; so we peasants are left with the last resort: we simply cease payments until the creditor agrees to a settlement.

Those banks etc are utterly unbothered by our distress. They just want their 2 pounds of flesh. You know what? I am not required, by ANY law, to participate in my own destruction.

Daniel H Benson's avatar

With the FED not budging, Trump being told he can not fire the Fed chair, and more massive deficit spending just to survive, has only one outcome, the great reset. We will all go through this. What a great time for a Christian witness in what is coming. And be a light to the world in both, word and deed

Alamo Dude's avatar

Russia Sakhalin blew it’s top finally after a week of shaking. 8.0 earthquake.