National debt passed 40 trillion thus week. 42 percent of income taxes pay for interest on the debt

Shoresy wrote:

Trump is but one branch of a massive weedbed of government. Violence is the only solution for reform at this point.

According to the prophecies, this financial crisis that is coming will trigger a worldwide revolution.

I wonder what system this revolution will bring. I don't think socialism is the system people want because the problem of liberal economy is just the corruption and the speculation. Socialism, on the other hand, sucks everywhere with or without corruption.

I wonder what system this revolution will bring. I don't think socialism is the system people want because the problem of liberal economy is just the corruption and the speculation. Socialism, on the other hand, sucks everywhere with or without corruption

After the violent dismantling of the US government, the new constitution will look more like Singapore's, where it's not easy at all to run up national debt. And hopefully, way stronger private property rights.

And ultimately this is all a distraction. The ultimate point is that rich people shouldn't be paying less than they used to while putting it the middle class and we shouldn't be borrowing money to pay for it all. 

This reads as a moral tax, and not a utilitarian tax. When socialism sweeps through your country and destroys the last shreds of private property rights, there won't be any people left to punish. Because like all socialist countries, the only people with property rights will be those working for/in the government. And they won't punish themselves for being rich. That kind of inequality is perfectly fine and righteous.

Switzerland's constitution explicitly guarantees both property ownership and economic freedom.

Article 26 guarantees property and full compensation for restrictions equivalent to expropriation.

Article 27 guarantees the freedom to pursue private economic activity, unlike the USA post-Wickard decision.

Article 94 requires the federal government and cantons to respect economic freedom and says departures from it, such as bureaucratic regulations restraining competition, need constitutional authorization or specified cantonal authority.

Americans have ignore their national debt. But with Trump having declared personal bankruptcies over times. They are afraid he might declare America bankrupted.

Debby:

But with Trump having declared personal bankruptcies over times. 

You need a lesson in personal research; Do it. https://www.abi.org/feed-item/examining-donald-trump’s-chapter-11-bankruptcies

All of Trump's bankruptcies have actually been Chapter 11 corporate bankruptcies, not personal. Chapter 11 is only business, not personal. Trump Org is a business, not him, personally. Since the 1880s, corporations have been their own entity; they are legally persons, not things. Get it? Trump Org is over 530 separate companies, of which 4 or 6 [there is an argument over the number] filed Ch. 11. That is still, worst case, a 99% success rate. Can you claim as good a record?

According to the prophecies, [your #32]

What prophecies? When? By whom?

Prophesies in Revelations and book of James.

All im advocating for is a ten percent increase in existing taxes and a ten percent decrease in spending and a two percent eealth tax above 10 million in assets. Ai is saying thats enough to balance the budget, though just doing 1 percent instead of two is enough to get the deficit under control.

You have a Lotta pie in the sky and the sky is falling rhetoric for something so modest. Maybe just maybe ya alls ideological beefs dont amount to much when dealing with practical reality.

Are there goon socialists and democrats? Yes. Are there goon libertarians and Republicans? Yes. But aside from getting your panties in a wad philosophically, there are plenty of pragmatic ways forward that are sane and balanced.

You called me every name but a liar. Continue with your moral justifications for jealousy based taxation policy over practicalities. As if jealousy is the prime sacrosanct blessing from the god of Marx. A sacrament every red striper should wear proudly.

He is using AI to do the math, you are in a stripper’s bar.

From what im seeing, taxes could be ten percent of what they are now and you'd still get your panties in a wad about private property and such concerning tax increases. Your words say way more about your biases than anything objective about the state of our taxation.

Again, you called me everything but a liar.

We need to balance the budget, adjust, live within our means for a few years and adapt to not floating everything on credit, then default.

Credit will tighten up quicker than a salted sphincter for a good while. Ride it out. It'll be way less painful than spending decades trying to institute auserity until we pay back 40 trillion. It'll also teach other countries to not be retarded enough to lend money to a government that's been paying defense contractors $200 for a screw for decades.

The national debt of 40 trillion does not include the decades of social security and pensions payable to the people who contributed to them. That could exceed over a hundred trillion.

Social security is limited to payroll revenue. If payroll revenue is inadequate, everyones social security check gets cut enough to compensate

We dont need ai to do my math. Just look at what we spend, subtract ten or fifteen percent. Look at income tax revenue, add fifteen or ten percent to it. Look at assets of the top one percent, add a percent or two on top. Its all basic math

What prophecies are you referring?

Shoresy wrote:

After the violent dismantling of the US government, the new constitution will look more like Singapore's, where it's not easy at all to run up national debt. And hopefully, way stronger private property rights.

I pay to see that before I die.

Singapore is in another level and I don't think Americans are ready for that amount of discipline

Singapore is the most progressive Asian country in the world.

fauxlaw wrote:

According to the prophecies, [your #32]

What prophecies? When? By whom?

linate wrote:

What prophecies are you referring?

All the ancient prophecies of Apocalypse, including the biblical one which nobody fully understands because people think it's the end of the times when in reality is the end of an age.

I said it many times in DART, all the system we live in will collpase: politics, economy, religion, education, all of them will be replaced by a new system that our extraterrestrial friends will help build. Human conciousness will expand with new knowledge, technology and revelations.

Well stated.

Singapore basically said "Fuck off Marxists, go ruin another country"

All the ancient prophecies of Apocalypse,

Yes, I understand what you mean, but that concluding "book" of the Bible was unknown to John to be the concluding "book" of any collection of writings of the Gospels, etc, that was not assembled to be any collection in his time. That assembly was effected by the Council of Nicaea in 325 CE at the behest of Constantine, who wanted peace and order in his Empire and figured a unified religion would help accomplish that. It was the Council who decided John's Ἀποκάλυψις should conclude the assembled books. Any discussion by John that none of it should have any word added or removed spoke to his Ἀποκάλυψις and to no other book. Certainly not an assembly he did not envision. So John may have been referring to the end of his own age with the fall of the Roman Empire, thought by many, no doubt, to endure as long into the future as any man had reason to assume it endured from the past. Nope.

I agree, when Jesus returns, there will, indeed, be a massive restructuring of governments of the Earth to pass on in favor of the government he, Jesus Christ, will establish, worldwide. That will, no doubt, cause many who will lose their power and prestige to gnash their teeth, at the very least. Not that it will do them any good; Christ will prevail, and those who believe on him and act by his Word.

Unless it's changed since I spent time in Singapore in the 80s and 90s for weeks at a time in a dozen or more trips there, they didn't even sell chewing gum to keep used gum off the sidewalks. Toilets were mandated to be flushed, always. Some places in the world [I've been to about 30 countries in my business and pleasure travels] habitually don't flush. I started calling Singapore "Disneyland," because it seemed to represent Singapore's version of a sanitized Main Street, USA.

Justice was swift there, too. I once flew there for a 9-week stay, going through Hong Kong. On my flight was a Chinese woman who boarded in Hong Kong, and in customs, I watched Customs agents take her into custody when she went through carry-on baggage check. A saw later on the news that she'd been arrested with a kilo of heroin in her bag. I continued watching the news reporting on her daily trial. She was tried, convicted, and ultimately executed within 6 weeks of our arrival for possession with intent to distribute in Singapore.

fauxlaw wrote:

Yes, I understand what you mean, but that concluding "book" of the Bible was unknown to John to be the concluding "book" of any collection of writings of the Gospels, etc, that was not assembled to be any collection in his time. That assembly was effected by the Council of Nicaea in 325 CE at the behest of Constantine, who wanted peace and order in his Empire and figured a unified religion would help accomplish that. It was the Council who decided John's Ἀποκάλυψις should conclude the assembled books. Any discussion by John that none of it should have any word added or removed spoke to his Ἀποκάλυψις and to no other book. Certainly not an assembly he did not envision. So John may have been referring to the end of his own age with the fall of the Roman Empire, thought by many, no doubt, to endure as long into the future as any man had reason to assume it endured from the past. Nope.

I'm not interested in hearing religous bullshit, so please just speak plain English.

I agree, when Jesus returns, there will, indeed, be a massive restructuring of governments of the Earth to pass on in favor of the government he, Jesus Christ, will establish, worldwide. That will, no doubt, cause many who will lose their power and prestige to gnash their teeth, at the very least. Not that it will do them any good; Christ will prevail, and those who believe on him and act by his Word.

If Jesus returns, he will be nailed to a cross again.

fauxlaw wrote:

Unless it's changed since I spent time in Singapore in the 80s and 90s for weeks at a time in a dozen or more trips there, they didn't...

Yes, Singapore has the government humans deserve.

Singapore has the highest GDP per capital (PPP) in the world.

Are you Asian by any chance? Or you're just an AI created by an Asian?