National Debt solution?

@gii shi kan dug @johnbb "Tax any money they send out of USA at 75%."

That is an excellent idea! Furthermore, I will put it to my Senators and Congressman. The only problem I see is this would take care of those from Mexico but what about the millions from elsewhere, Venezuela, Guatemala, etc... Nevertheless, this idea is on the right path and is a good one just needs more refining... Fine any employers into bankruptcy and make it impossible for them to move their money out of the USA, that's the gist of it. The Cartel will probably start some means for illegals to move their money for 50% if we tax it 75%...

 

Cryptocurrency enters the room.

 

Exactly my thoughts.

Western union isn't sending drug sales profits back to the Cartels, after all.

 

Russia and China have been buying Gold like crazy for the past 5+ years. I suspect our politicians sold their souls and our Gold..... I also agree that there probably isn't a single OZ at Ft. Knox or wherever it is supposed to be.

 

China started buying up gold a couple decades ago, along with copper and oyher PMs. They are masters at playing the long game.

 

Agree they haven't been around this long being stupidly short sighted like us

 

Correct me if I am wrong but Finland is the only one who repaid us there WWII war debt maybe it's time we got repaid from the other countries we lent money to-----with interest

 

Great Britain finally repaid in full along about 2006 or so, as per a YT video about their problems affording US aid during WWII. At the beginning of WWII, they had defaulted on their WWI debt. Don't know if they ever paid that back. Britain was so broke after WWII they were still on rationing for many years postwar.

 

US currently has 195,203,040 OZT of gold (allegedly)
It is valued at the official price of 42.2222 dollars per ounce. or like 8.2 billion dollars.
If they valued it at todays price of $2900/ozt it's only 566 billion dollars. Not going to make a dent in the debt.
Actually It would only pay the interest on the debt for about 6 months.

Nah, we are just going to issue 50 and 100 year bonds like Japan.
Repeat after me. THERE. IS. NO. DEBT. CEILING.
Never has been, never will be. We are going to keep kicking this can down the road until it implodes.

they could confiscate all the cash in bank accounts, checking accounts, money markets, in the register tills of every store.
confiscate all the gold, silver, jewelry and not a dent it will make.

 

Democrats: "we need to wrap this shit sandwich of a platform better and sell it harder".

They absolutely refuse to consider the possibility that their platform is actually shit and only appeals to shit eaters and people with mental disorders.
They're not even considering changing anything to try and appeal to more people.

 

The dumbocrat party is locked into a solid State Of Denial. They firmly believe their "shit don't stink"!