The US national debt increases by $1 Trillion about every 100 days: This is ridiculous and the feds are spending way too much money on pork issues that should be avoided.

fullspinzoo

This is ridiculous and the feds are spending way too much money on pork issues that should be avoided. https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html

Milosia2 Loc: Cleveland Ohio

fullspinzoo wrote:

This is ridiculous and the feds are spending way too much money on pork issues that should be avoided. https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html

Hmm .
Should we borrow more money to pay this , or should we pay down our debts , by raising taxes on the morbidly rich ????

Milosia2 Loc: Cleveland Ohio

fullspinzoo wrote:

This is ridiculous and the feds are spending way too much money on pork issues that should be avoided. https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html

Talking points ,
old talking points .

JFlorio Loc: Seminole Florida

Milosia2 wrote:

Hmm .
Should we borrow more money to pay this , or should we pay down our debts , by raising taxes on the morbidly rich ????

Stupid points is all you have.

Liberty Tree

fullspinzoo wrote:

This is ridiculous and the feds are spending way too much money on pork issues that should be avoided. https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html

I posted this yesterday. The problem is not revenue but spending. If the federal government could only spend money on what is constitutionally allowed would be a great start.

Ronald Hatt Loc: Lansing, Mich

Milosia2 wrote:

Hmm .
Should we borrow more money to pay this , or should we pay down our debts , by raising taxes on the morbidly rich ????

Well...That would be Biden, Clinton, Obammy, most of the seated "Congress, & senate"....[ on the Democrap side?]

YOU kNOW: Feinstein, SCHIF-FACE, PELOSI, SCHUMER, *MITCH, THE ITCH, DICK CHENEY, BUSH FAMILY...

If that's your recommendation...."I'm all for that"....[ **paying back all the demo'rat, corruption money, bribery,

graft, "Hush Money", & skulduggery, that they could muster! [ Quote Obammy: "ALL BY THEIR LONESOME"!]

RascalRiley Loc: Somewhere south of Detroit

fullspinzoo wrote:

This is ridiculous and the feds are spending way too much money on pork issues that should be avoided. https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html

For reference
1 million seconds = 11.5 days
1 billion seconds = 31.5 years
1 trillion seconds = 31,710 years.

Eventually interest on debt world wide will surpass tax revenue and the world’s economies will implode.

Shakespeare "Neither a borrower nor a lender be"

Maybe next time around the lesson will be learned.

In Islam, the view on interest rates on loans is that charging or paying interest is not permissible, as it is considered usurious and exploitative. Islamic teachings prohibit the concept of riba (usury or interest) due to the belief that money should not be an asset in itself and that one should not earn income solely from money. Islamic finance operates based on principles that avoid riba and gharar (ambiguity or deception), promoting fairness and risk-sharing in financial t***sactions[3][4]. To comply with these principles, Islamic financial institutions offer alternatives to traditional loans, such as no-interest home purchase plans (HPPs) where the bank buys the property and leases it back to the buyer[1]. While Islamic finance allows for borrowing under certain circumstances, there is a strong emphasis on responsible borrowing, timely repayment, and avoiding debt burdens. The Islamic perspective on debt highlights the ethical, moral, and social responsibilities associated with borrowing and emphasizes the virtues of living a debt-free life[5]. Ultimately, Islamic teachings guide individuals to practice ethical financial behavior, including refraining from interest-based t***sactions and promoting fair and just financial practices.

Sources
[1] Dilemma for Muslim homebuyers compelled to pay a high price for ... https://www.theguardian.com/money/2023/sep/25/dilemma-for-muslim-homebuyers-compelled-to-pay-a-high-price-for-loans
[2] Interest rate volatility and financing of Islamic banks - PMC - NCBI https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9321439/
[3] Working With Islamic Finance - Investopedia https://www.investopedia.com/articles/07/islamic_investing.asp
[4] Riba - Wikipedia https://en.wikipedia.org/wiki/Riba
[5] The Islamic Perspective on Debt - Qardus https://www.qardus.com/news/the-islamic-perspective-on-debt

By Perplexity at https://www.perplexity.ai/search/What-does-the-MynsKn5cSjS1DW3cH.V0ZA

, Polonius himself contradicts his advice through his actions in the play, making his counsel somewhat ironic. The quote serves as a reflection of Shakespeare's diverse character portrayals and the complexities of human behavior[1][2][3].

Sources
[1] 'Neither A Borrower Nor A Lender Be': Meaning Of Phrase✔️ - No Sweat Shakespeare https://nosweatshakespeare.com/quotes/famous/neither-a-borrower-nor-a-lender-be/
[2] The Meaning and Origins of 'Neither a Borrower Nor a Lender Be'? - Interesting Literature https://interestingliterature.com/2021/06/neither-a-borrower-nor-a-lender-be-meaning-origins-analysis/
[3] Quote by William Shakespeare: “Neither a borrower, nor a lender be; For loan o...” - Goodreads https://www.goodreads.com/quotes/179948-neither-a-borrower-nor-a-lender-be-for-loan-oft
[4] Complete Meaning to "Neither a borrower nor a lender be" - Poem Analysis https://poemanalysis.com/shakespeare-quotes/neither-a-borrower-nor-a-lender-be/
[5] Who said "Neither a borrower or a lender be"? - InfoPlease https://www.infoplease.com/askeds/who-said-neither-borrower-or-lender-be

By Perplexity at https://www.perplexity.ai/search/Neither-a-lender-9A7LtgyTS_qjNXWdorvdsg

Ronald Hatt Loc: Lansing, Mich

RascalRiley wrote:

For reference br 1 million seconds = 11.5 days br ... (show quote)

"So"..the *Demo'rats, are primarily *RESPONSIBLE FOR THIS NATIONAL DEBT, BEING "OUT OF TOUCH"

Trump?...[ Yeah, he had to increase because of "F***i, & Obama's c***d debacle"!

The Next President: { Probably Trump} , will be very un-popular, because he will"tighten the screws", down on the

freebies! All I******s will want to be sent home...at taxpayer expense! :O}}} "OK"...

I say: For each Illegal that America returns to their home country: America, charges that country, [ against their

foreign "freebie money"}...for each Ilegal returned home, criminal, or non-criminal]....*EVERY ONE, PAYS THEIR

OWN WAY BACK] THROUGH THAT PROCESS....EASY TO "BILL THEM"...No more Foreign aid!

RascalRiley Loc: Somewhere south of Detroit

Ronald Hatt wrote:

"So"..the *Demo'rats, are primarily *RES... (show quote)

This research indicates both parties are equally responsible for debt.

The dynamics of spending, taxation policies, and legislative decisions from both Democrats and Republicans have collectively influenced the country's financial situation.

https://www.perplexity.ai/search/Do-democrats-or-pEfWHqznTaGRqSOb4zPp3w

4522chief

Milosia2 wrote:

Hmm .
Should we borrow more money to pay this , or should we pay down our debts , by raising taxes on the morbidly rich ????

You could take ALL of the money from the 1% in the country and it still would not pay off the national dept. Your comment about borrowing more money shows your total lack of understanding where we are right now. If the countries of the world decide the dollar is no longer the reserve currency you will see the collapse of the USA. It will make the depression of the 1930’s look like a cake walk.

JFlorio Loc: Seminole Florida

4522chief wrote:

You could take ALL of the money from the 1% in the country and it still would not pay off the national dept. Your comment about borrowing more money shows your total lack of understanding where we are right now. If the countries of the world decide the dollar is no longer the reserve currency you will see the collapse of the USA. It will make the depression of the 1930’s look like a cake walk.

Guarantee that explanation, which is spot on, went over that dummy’s head.

okie don

The libs live in a Dreamworld.
Sad...😢

Ronald Hatt Loc: Lansing, Mich

RascalRiley wrote:

This research indicates both parties are equally responsible for debt.

The dynamics of spending, taxation policies, and legislative decisions from both Democrats and Republicans have collectively influenced the country's financial situation.

https://www.perplexity.ai/search/Do-democrats-or-pEfWHqznTaGRqSOb4zPp3w

WHEN YOU SAY "EQUALLY"...YOU HAD BETTER POST THE FACTS, FOR EACH PRESIDENT, & WHAT THE ECONOMY

WAS AT THAT TIME! OR, GO HOME, & "SHUT UP"

IE: YOU CANNOT BLAME TRUMP FOR THE C***D DEBACLE, DELIBERATELY DESIGNED, to torpedo the trump

ADMINISTATION, you Cannot blame Trump, for leaving 80 Billion in Military eq, in Afghanistan...[ & who knows

how many Americans are still there, or have been executed, because of Biden!

No...Biden, must atone for his own sins, & "Monies, from countries", before they even got to our soil!

Let's do a grand Jury Investigation into this topic, to set at rest, the Culprits Responsibility, of our National debt!

pegw

fullspinzoo wrote:

This is ridiculous and the feds are spending way too much money on pork issues that should be avoided. https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html

Yes, Trump's tax cut for the rich is still in effect.

JFlorio Loc: Seminole Florida

pegw wrote:

Yes, Trump's tax cut for the rich is still in effect.

Everyone got a tax cut.