Govt shutdown Round 2

Reread my last post...

I asked what you would keep...

Again like I said in my last post: Anti-Federalist, absolute minimum, Power to the States, federal government ONLY responsible for regulating interstate commerce (2) FDIC and the FBI, international affairs (2) State Department for international and Immigration for internal, and Department of Defense (6) 4 @ military branches, 1 @ CIA, and 1 at TSA

You like those specifics now?
 
Where are the Liberals on this forum? I'm tired of arguing with a Federalist Conservative aka a left-wing Republican
 
I've learned that the myth of tougher classes in the old days is just a myth...
 
Where are the Liberals on this forum? I'm tired of arguing with a Federalist Conservative aka a left-wing Republican

We agree on far more than you think, I just think it's not entirely grounded in reality.... (You did come here declaring Trump a great leader...)
 
Where are the Liberals on this forum? I'm tired of arguing with a Federalist Conservative aka a left-wing Republican

We agree on far more than you think, I just think it's not entirely grounded in reality.... (You did come here declaring Trump a great leader...)

I mean you are a conservative, so yes, we do have many points in common. Yes, I believe in the merit of Trump and acknowledge the achievements he has made in life to reach the status he has.

But you also forgot to mention that I did declare my staunch support for Senator Cruz. He is a person, as you mentioned earlier, who has a credible rap sheet of his conservative views and does not falter against the pressure of some Republicans whom bend on their principles so easily.
 
1. According to John Plender's new book "Capitalism" it's $4 trillion, with an estimated 70% being U.S. treasuries. Plender is a lead writer at Financial Times.

We're not talking Helos, so short of asking Scout for his socialist views…. I'm not sure how much he can help. HA!

https://www.treasury.gov/ticdata/Publish/mfh.txt

You made me look.

The Treasury Dept says US$6T owed to foreigners of which $1.24T owed to China a/o July 2015. Don't know when the book was published, and maybe the numbers have grown, but China did not own $2.8T (70% of $4T) of US Gov't debt. HA! HA!

Don't feel bad. The presidential candidates and most in Congress are no better informed.
 
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https://www.treasury.gov/ticdata/Publish/mfh.txt

You made me look.

The Treasury Dept says US$6T owed to foreigners of which $1.24T owed to China a/o July 2015. Don't know when the book was published, and maybe the numbers have grown, but China did not own $2.8T (70% of $4T) of US Gov't debt. HA! HA!

Don't feel bad. The presidential candidates and most in Congress are no better informed.
Published 2015.

I cut a corner in my first post... U.S. Treasuries and other securities.... At about $4 trillion.
 
I cut a corner in my first post... U.S. Treasuries and other securities.... At about $4 trillion.

This is what you typed:

China has $4 trillion in foreign treasuries, including probably 70% in U.S. treasuries.

70% of $4T is $2.8T. Treasury says the number $1.24T.

I am only spending the time on this and the bullet points I made earlier to highlight how either willfully uninformed, stupid or craven are almost ALL of the presidential candidates. They will not level with voters. Voters, like you in the case of the issue of the national debt, swallow their simplistic conclusions hook, line, and sinker.

This country is still the envy of the rest of the world. We have the most entrepreneurial major economy, the best universities, and the most sought after citizenship on the planet. We also have by far the greatest ability as a culture to absorb the best and the brightest from around the world. Thank goodness, they still want to come here with their skills, eduction and capital. The simple fact that the Chinese, Japanese, Canadians, Germans are still willing to lend money to us at 2% for ten years and 3.5% for 30 years shows a lot more confidence than either you or dasani or Donald Trump seem to have. This is despite embarrassingly poor/expensive primary and secondary education and even more embarrassingly inefficient health care delivery.

The trajectory of the national debt is disturbing. The steep trajectory has less to do with growth in discretionary spending, food stamps, farm programs planned parenthood and more to do with the projected growth in middle class entitlements and medicaid, which has become a middle class entitlement as well. Minor changes today have outsized effects in forward years.

As I said, Christie and Kasich are the only candidates to date, who have dared to discuss the reality of of debt and deficits. Between them they score maybe 10-15% in polls of Republican voters. This speaks volumes about voters in the "fiscally responsible" political party.
 
Right, first the U.S. doesn't have an exact number, but with "other securities" lumped in, we're not just talking US treasuries either.

Second, that's a pretty scary position to be in. Our closest rival carrying that much of our debt.
 
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