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tresho's avatar

"Powell is the Mother of American Inflation" No, the "Mother" is the US Congress - they passed the legislation allowing the money to be conjured into existence & spent. Congress has not passed a budget in I don't know how long.

Biden was the executive who directed the authorized spending. Powell is like a midwife, an assistant in the birth of a monster. Contact your congresscritters about this.

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Ron Anselmo's avatar

"Contact your congresscritters about this." ~ tresho

You're not serious, right? Please tell me this is sarcasm.

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astera's avatar

lol

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OTOH/IMHO's avatar

There is something to be said for exhausting all legal remedies before finally taking up arms.

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Ron Anselmo's avatar

Simple question. Your honest answer will speak volumes. It appears that you believe we live in a lawful country. Has it occurred to you yet, that we actually live in a lawless country?

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OTOH/IMHO's avatar

I used to think of myself as an anarchist- in a good sort of way- but that term is bound to be taken the wrong way because it too suggests that lawlessness might be the norm, and that is the last thing we need. The Biden years have shown the horrific effects of lawlessness, be it from turning a blind eye to thousands entering illegally to shoplifters going unpunished as long as they steal under a grand, to letting cities burn. I fully understand the grievances that led to the French Revolution, but even Camille Desmoulins, who kicked it off with a fiery speech, was left in tears at its horrific excesses. The really lawless types, like SBF, or Madoff, or Epstein were finally brought to justice- but most of what they did could have been avoided if people were more alert. And this forum gods a long way. The shame is that most people have very little time free to engage in this sort of discourse- and then things really do come to a boil.

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Ron Anselmo's avatar

I appreciate your reply. Here's an example of the kind of thing that makes men go to horrific excesses - when you go after their children.

Merrick Garland, USAG and head of the Department of Justice - a term I use very loosely - has a daughter and son-in-law who own a "media" company - Panorama - that provides "educational" material to our public school system.

The literature is heavily left leaning, gender-bending, DEI, and age inappropriate for our children. When parents find out about this curriculum, they exercise their constitutional rights and protest at schools and School Board meetings.

Garland threatens the parents as "terrorists" and turns the weaponized FBI loose on them - visiting their homes for questioning. There is a special place in hell for Merrick Garland, and if those were my children, I'd follow him there, just to make sure he got there.

These people are evil - cancerous - and they need to be taken out. Nothing a little radiation - think flamethrower - and ammotherapy can't take care of. When you go after a man's children, all bets are off.

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Ron Anselmo's avatar

Another thought - on anarchists. As you say, the connotation leans toward lawlessness, but my interpretation has always been more "ungoverned" vs. lawless.

Maybe "Strange Bedfellow" will chime in - a self-described anarchist - but much closer to my definition.

He's very bright, non-violent and creative, but just doesn't like people running - governing - his life, as I understand him anyway. I agree with him in that regard.

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kam's avatar

While...sort of splitting hairs...but

Without the Fed as buyer of U.S. bonds, and always the implied Backstop if the Primary Dealers can't directly fill their Obligations, and always read to lend money to the Primary Dealers and Foreign Banks to keep the churn machine running, without the Fed at the ready to click new (counterfeited) dollars into existence, then the U.S. Government would have to live within their means.

But, you are correct about 1 important thing. The U.S. Government created the Federal Reserve Monster, for the Private New York Banks, in 1913, and now the Fed heavily feeds these Private Banks, Foreign Policy and Military Adventures.

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