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US government is running out of money faster than expected, Mnuchin warns

 
Anonymous Coward
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07/13/2019 03:57 AM
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US government is running out of money faster than expected, Mnuchin warns
US government is running out of money faster than expected, Mnuchin warns

[link to edition.cnn.com (secure)]
Mode
apadahjadi

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07/13/2019 07:17 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
Just print if n when not enough
Anonymous Coward
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07/13/2019 07:28 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
That's ok just print more. Doesn't AIG execs need some more bonuses? Bailouts baby! chuckleratdance
Anonymous Coward
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07/13/2019 07:33 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
As a kid we would play a game competing who could go the furthest on a skateboard without stepping on the ground. That would be a good analogy of government financing. Increasing the debt limit is equivalent to stepping on the ground.
Anonymous Coward (OP)
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07/13/2019 07:56 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
Maybe the debt will be paid off by illegal immigrants, technology, a zero percent tax rate, or magic fairy dust, but the reality is that the US debt is increasing constantly, no one cares, and spending more money to reduce the debt will only lead to disaster.

Debt didn’t work out too well for Rome, Germany, Japan, Greece, or Zimbabwe.

Those who fail to learn from history are doomed to repeat it.
Anonymous Coward
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07/13/2019 07:57 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
Less government would solve this problem.
Anonymous Coward (OP)
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07/13/2019 08:04 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
The US will look like North Korea.

The USA is headed for a fall.

The US is a bankrupt warmongering police state now, but Americans cannot vote for change because the US is no longer a democracy, the only candidates are Nazis or Communists, and Americans are too degraded to vote for someone who supports freedom.

Once the stock market crashes, guns will be banned, property will be nationalized, the Internet will be shut down, starting a business will be illegal, the tax rate will be 100%, and Americans will be required to work at government jobs.

The world will have a global government, but there will be still be borders. Countries will be set up as zones and prisons will be the size of cities. The elites do not want people to fly from Chile to Russia because a mobile population is hard to control.

Americans should sell their homes and cars now and be mobile. Don't carry a cellphone around. Property owners become a target because of property taxes. Consider burying your firearms or starting an anonymous shell corporation or a nonprofit church to buy property.

Practice civil disobedience. Why obey the law or pay taxes that you didn't vote for? The government and illegal aliens don't obey the law, why should Americans?

The are some Americans who still say the USA is a free and peaceful country with a balanced budget. Americans who have never been arrested or beaten by the police and get food stamps might view the government as kind.

People can tolerate a great deal of government abuse. Even the Chinese say that they live in a free country.

Americans today need to urgently start trying to wake people and promote freedom.

Americans must tell the government workers, soldiers, and the Gestapo that they are puppets for the elites.

The government agents who insist that they are doing good and justify their paychecks should be mocked.

Everyone has a breaking point.

A large-scale organized resistance is not likely because of NSA wiretapping, so patriots will need to use of word of mouth, speak in code, and operate as lone wolves.

The media will portray Nazis and Communists as normal and say anyone who loves freedom is a rightwing terrorist and nutjob.

When guns are outlawed, patriots will use trucks and airplanes as weapons against government buildings.

Patriotic soldiers might surrender weapons to the rebels.

Americans must be obsessed about spreading freedom now.

Americans who are complacent today about tyranny are naive. The elites are clearly determined about killing off the 99%.

If Americans have no rights now, why would the ruling powers stop? If plastic bags were outlawed yesterday and straws were banned today then what would stop the 1% from banning carpet tomorrow?

The founding fathers loved freedom and knew tyranny would grow, but how could the founders know that the elites would have Obamacare? Freedom is good, but unfortunately there is no constitutional right to have the freedom to own a snowblower.

The government cannot help you. Americans used to be able to trust the police and were surprised that people in the 3rd world did not, but now you see why.

The US collapse is certain. All that is unknown is when. Will the elites be able to kick the debt can down the road for another 5, 10, or 50 years?

If the US today is a police state and tomorrow will be worse, why not get this party started?

Americans want to live in bankrupt warmongering police state because Americans accept it. The US is not a bankrupt warmongering police state because of blacks, Jews, Muslims, fags, and Mexicans. YOU are the reason the USA is collapsing.

Do you think that things would change in the USA if 60 million Americans protested in Washington, DC? What would happen if everyone in Congress and governors suddenly died?

What happened to Caligula?

[link to www.ancient-origins.net (secure)]
Anonymous Coward
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United States
07/13/2019 08:04 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
Maybe shut down a few wars. Stop funding all the Obama domestic spying and destabilizations. Stop giving welfare to illegals. Stop funding unlawful Obama care.
Anonymous Coward
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United States
07/13/2019 08:11 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
Just print if n when not enough
 Quoting: Mode


That's what they have been doing for 20 years now.

Money is fake, much like this prison we live in.
Anonymous Coward
User ID: 42079668
United States
07/13/2019 08:13 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
The US will look like North Korea.

The USA is headed for a fall.

The US is a bankrupt warmongering police state now, but Americans cannot vote for change because the US is no longer a democracy, the only candidates are Nazis or Communists, and Americans are too degraded to vote for someone who supports freedom.

Once the stock market crashes, guns will be banned, property will be nationalized, the Internet will be shut down, starting a business will be illegal, the tax rate will be 100%, and Americans will be required to work at government jobs.

The world will have a global government, but there will be still be borders. Countries will be set up as zones and prisons will be the size of cities. The elites do not want people to fly from Chile to Russia because a mobile population is hard to control.

Americans should sell their homes and cars now and be mobile. Don't carry a cellphone around. Property owners become a target because of property taxes. Consider burying your firearms or starting an anonymous shell corporation or a nonprofit church to buy property.

Practice civil disobedience. Why obey the law or pay taxes that you didn't vote for? The government and illegal aliens don't obey the law, why should Americans?

The are some Americans who still say the USA is a free and peaceful country with a balanced budget. Americans who have never been arrested or beaten by the police and get food stamps might view the government as kind.

People can tolerate a great deal of government abuse. Even the Chinese say that they live in a free country.

Americans today need to urgently start trying to wake people and promote freedom.

Americans must tell the government workers, soldiers, and the Gestapo that they are puppets for the elites.

The government agents who insist that they are doing good and justify their paychecks should be mocked.

Everyone has a breaking point.

A large-scale organized resistance is not likely because of NSA wiretapping, so patriots will need to use of word of mouth, speak in code, and operate as lone wolves.

The media will portray Nazis and Communists as normal and say anyone who loves freedom is a rightwing terrorist and nutjob.

When guns are outlawed, patriots will use trucks and airplanes as weapons against government buildings.

Patriotic soldiers might surrender weapons to the rebels.

Americans must be obsessed about spreading freedom now.

Americans who are complacent today about tyranny are naive. The elites are clearly determined about killing off the 99%.

If Americans have no rights now, why would the ruling powers stop? If plastic bags were outlawed yesterday and straws were banned today then what would stop the 1% from banning carpet tomorrow?

The founding fathers loved freedom and knew tyranny would grow, but how could the founders know that the elites would have Obamacare? Freedom is good, but unfortunately there is no constitutional right to have the freedom to own a snowblower.

The government cannot help you. Americans used to be able to trust the police and were surprised that people in the 3rd world did not, but now you see why.

The US collapse is certain. All that is unknown is when. Will the elites be able to kick the debt can down the road for another 5, 10, or 50 years?

If the US today is a police state and tomorrow will be worse, why not get this party started?

Americans want to live in bankrupt warmongering police state because Americans accept it. The US is not a bankrupt warmongering police state because of blacks, Jews, Muslims, fags, and Mexicans. YOU are the reason the USA is collapsing.

Do you think that things would change in the USA if 60 million Americans protested in Washington, DC? What would happen if everyone in Congress and governors suddenly died?

What happened to Caligula?

[link to www.ancient-origins.net (secure)]
 Quoting: Anonymous Coward 77723296


None of that will happen.

The economy is in place to keep us under control.

Money is an illusion, they just print more and call it quantative easing.
Anonymous Coward (OP)
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07/13/2019 08:23 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
Sooner or later everyone sits down to a banquet of consequences.
Anonymous Coward
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07/13/2019 08:28 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
It's all because of Donald Trump's golfing trips
Anonymous Coward
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07/13/2019 08:28 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
The US ran out of money long ago.

The US is running out of collateral to keep signing over to the FEDERAL RESERVE/IMF.

Define money, then redefine it as long as people keep the faith it is “money” nothing else matters.

Its just a magic spell.
Buzzcheeze

User ID: 77722849
United States
07/13/2019 08:30 AM

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Re: US government is running out of money faster than expected, Mnuchin warns
Just LET IN MORE ILLEGAL PARASITES.
Democrats TELL US THAT
"THEY ARE good FOR ARE American economy"
They have all the right solutions.


Last Edited by Buzzcheeze on 07/13/2019 08:42 AM
"TRUMP WON"
"I love deadlines. I like the whooshing sound they make as they fly by"
'My ego is smaller than yours
Why is abbreviation such a long word
“When seconds MATTER, cops are only minutes away
"Cut out a man's tongue and you dont prove him a liar. It just proves you fear what he has to say"
Anonymous Coward
User ID: 72315707
United States
07/13/2019 08:39 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
America is broke.
Anonymous Coward
User ID: 71736164
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07/13/2019 08:42 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
So print more, as always, douchenozzle. I really think you could replace most of government with recess monkeys and things would run smarter.
Anonymous Coward
User ID: 75624447
07/13/2019 08:44 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
Maybe the debt will be paid off by illegal immigrants, technology, a zero percent tax rate, or magic fairy dust, but the reality is that the US debt is increasing constantly, no one cares, and spending more money to reduce the debt will only lead to disaster.

Debt didn’t work out too well for Rome, Germany, Japan, Greece, or Zimbabwe.

Those who fail to learn from history are doomed to repeat it.
 Quoting: Anonymous Coward 77723296


Correct, and then you have a bankrupt country with thousands of nuclear warheads to sell to the highest bidder, like Russia 1992.
Anonymous Coward
User ID: 75624447
07/13/2019 08:46 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
The US ran out of money long ago.

The US is running out of collateral to keep signing over to the FEDERAL RESERVE/IMF.

Define money, then redefine it as long as people keep the faith it is “money” nothing else matters.

Its just a magic spell.
 Quoting: Anonymous Coward 77733484


Paper money is an IOU, which can be Exchanged to something you can actually eat or use, it has value as long as the IOU is accepted.
Anonymous Coward
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07/13/2019 08:47 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
I’ve seen so many stupid people in one thread. Only the one recognizing the illegals being the cause is right.
Anonymous Coward
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07/13/2019 08:54 AM
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Re: US government is running out of money faster than expected, Mnuchin warns

moshpit
Anonymous Coward
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07/13/2019 08:57 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
I’ve seen so many stupid people in one thread. Only the one recognizing the illegals being the cause is right.
 Quoting: Anonymous Coward 57395309


So the Wall Street bailouts weren't a cause?
Anonymous Coward
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07/13/2019 08:57 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
What happened to Caligula?
 Quoting: Anonymous Coward 77723296


Didn't he coin the phrases of "Hope and Change" and "I'm With Her"?


.
Anonymous Coward
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07/13/2019 09:00 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
What happened to Caligula?
 Quoting: Anonymous Coward 77723296


Didn't he coin the phrases of "Hope and Change" and "I'm With Her"?


.
 Quoting: Anonymous Coward 74827762


workdone1
Joe in Joshua Tree

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07/13/2019 09:01 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
The real wealth in America is a mans labor. What can a man do with his hands...and brain. The money supply will follow.
Joe in Joshua Tree
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07/13/2019 09:05 AM

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Re: US government is running out of money faster than expected, Mnuchin warns
US government is running out of money faster than expected, Mnuchin warns

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 Quoting: Anonymous Coward 77723296


Default n reset cometh
political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.
4doggies

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07/13/2019 09:09 AM

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Re: US government is running out of money faster than expected, Mnuchin warns
It's all because of Donald Trump's golfing trips
 Quoting: Anonymous Coward 5350194



It's the Russians!
Anonymous Coward
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07/13/2019 09:13 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
I’ve seen so many stupid people in one thread. Only the one recognizing the illegals being the cause is right.
 Quoting: Anonymous Coward 57395309


You are blind.

Pride goeth before the fall.
Grandma9

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07/13/2019 09:16 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
We cannot support all the population in the world nor be their piggy bank.
Grandma9
Catnip

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07/13/2019 09:18 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
Maybe the debt will be paid off by illegal immigrants, technology, a zero percent tax rate, or magic fairy dust, but the reality is that the US debt is increasing constantly, no one cares, and spending more money to reduce the debt will only lead to disaster.

Debt didn’t work out too well for Rome, Germany, Japan, Greece, or Zimbabwe.

Those who fail to learn from history are doomed to repeat it.
 Quoting: Anonymous Coward 77723296


The only way to get rid of the debt is to get rid of The Fed. That's where our debt comes from. The Fed prints our money when the Treasury Dept. will print it for nothing.

The Fed creates debt out of nothing with 1s and 0s in their computers with every loan to the U.S. government, then charges an excessive interest rate to finance that loan. It's all free money to The Fed at the expense of every American.
"When you change the way you look at things, the things you look at change"
Catnip

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07/13/2019 09:20 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
Just print if n when not enough
 Quoting: Mode


That's what they have been doing for 20 years now.

Money is fake, much like this prison we live in.
 Quoting: Anonymous Coward 42079668


Government doesn't print money, The Fed prints our money, then charges us for the pleasure of doing so. It's been doing that since 1913.
"When you change the way you look at things, the things you look at change"
Anonymous Coward
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07/13/2019 09:20 AM
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Re: US government is running out of money faster than expected, Mnuchin warns
I’ve seen so many stupid people in one thread. Only the one recognizing the illegals being the cause is right.
 Quoting: Anonymous Coward 57395309


You are the idiot, unfortunately. The illegals are the effect. The only way the show goes on is with exponentially more people, even if they are of dubious quality.





GLP