What if, China (not R or D) was forcing the $ Trillion dollar deal for raising the debt ceiling 20% in order to allow China to cash out (watch TIC data) from holding about 40% Asian-held US treasury notes, to selling about $1.4 trillion worth of Dalong long-gone China Agency rated BBB- paper back to its US citizens and “buy only” pension institutions? Could sovereign holdings go from 60/40 to 100/0 in 18mths?
Peak “Unborn” Debt:
Maybe some cuts from the next Administration in 8-10 yrs to control ballooning future DOW Baby-Boomer heath care costs, SPY‘s entitlement benefiting from bedside pharma re:demographic costs and the QQQ‘s no bid Homeland, TSA & National Security Sub-Contractors.
Just Say “NO” To Debt
Lending Institutions Can Be Replaced
Re-Balancing the Banksters
"Captain, The Free Market Economy Needs More Taxpayer Juice!" Gene 'sing-a-song' Sparling, Econ. Assistant to the President
Elections Do Not Equal Introduced Legislation. Vie la Democrazy.
With no taxes raised to pay for wars, or aging infrastructure, or its population – its just bracket creep all while keeping the Top 20% who control 80% of stock wealth from “paying / stealing” low capital gains taxes rates (with 15%-25% discounts to ordinary middle class earned income) for the rich.By The Time A Decision Reaches My Desk, It’s a Tough Non-Decision To Make.
As a Nation, we don’t have to decide these things now. As long as someone earning, in successive years, say a $70m reported capital/income gain pays his/her share with a 15% tax rate as long as everybody else earning $65k is paying 33.5% tax rate: gee, … no GE.
All Ratings Co’s Downgraded,