“Rather than collecting taxes from the wealthy, the government is paying the wealthy to borrow their money.” ~ New York Times, July 7, 2023

Titled “America Is Living on Borrowed Money,” the editorial observes that over the next decade, according to the Congressional Budget Office (CBO), annual federal budget deficits will average around $2 trillion per year. By 2029, just the interest on the debt is projected to exceed the national defense budget, which currently eats up over half of the federal discretionary budget. In 2029, net interest on the debt is projected to total $1.07 trillion, while defense spending is projected at $1.04 trillion. By 2033, says the CBO, interest payments will reach a sum equal to 3.6 percent of the nation’s economic output.

The debt ceiling compromise did little to alleviate that situation. Before the deal, the CBO projected the federal debt would reach roughly $46.7 trillion in 2033. After the deal, it projected the total at $45.2 trillion, only slightly less – and still equal to 115% of the nation’s annual economic output, the highest level on record.

Acknowledging that the legislation achieved little, House Speaker Kevin McCarthy said after the vote that he intended to form a bipartisan commission “so we can find the waste and we can make the real decisions to really take care of this debt.” The NYT Editorial Board concluded:

Any substantive deal will eventually require a combination of increased revenue and reduced spending …. Both parties will have to compromise: Republicans must accept the necessity of collecting what the government is owed and of imposing taxes on the wealthy. Democrats must recognize that changes to Social Security and Medicare, the major drivers of expected federal spending growth, should be on the table. Anything less will prove fiscally unsustainable. (Continue to full column…)

“None are more hopelessly enslaved than those who falsely believe they are free.” ~ Johann Wolfgang von Goethe

Contemporary baptized, corporatized and sanitized man rarely has the occasion to question his identity, and when he does a typical response might be, “I am product manager for a large retail chain, married to Betty, father of Johnny, a Democrat, Steelers fan and a Lutheran.”

His answers imply not only his beliefs but the many responsibilities, rules and restrictions he is subjected to. Few if any of these were ever negotiated- they were imposed on him yet he still considers himself free. Continue reading →

Second informant claims felony charges were BLOCKED due to ‘political pressure’

The House Oversight probe is looking into whether Hunter Biden received preferential treatment in the investigation into his wrongdoings because of his father’s position

An IRS whistleblower claimed the U.S. attorney who ‘refused to bring charges’ against Hunter Biden for tax evasion donated to Joe Biden’s 2020 presidential campaign.

Special Agent Gary Shapley made the allegation about U.S. Attorney for D.C. Matthew Graves on Wednesday during a congressional hearing.

‘The Justice Department allowed the president’s political appointees to weigh in on whether to charge the president’s son,’ Shapley told the panel.

‘After U.S. Attorney for D.C. Matthew Graves, appointed by President Biden, refused to bring charges in March 2022, I watched U.S. Attorney [David] Weiss tell a room full of senior FBI and IRS senior leaders on October 7, 2022, that he was not the deciding person on whether charges were filed,’ he told the committee looking into allegations the DOJ politically interfered with the investigation. Continue reading →

The pre-sentencing report for Anthony Gushee, convicted drug dealer, gunman, cold-blooded killer, runs 14 pages in all. It reads like some crappy Hollywood crime show.

Gushee, 47, has spent life drugging, dealing, offending victimizing. The report from Maricopa County’s Adult Probation Departments cites juvenile arrests and “six known misdemeanor convictions, four of which are violent.”

It also details how Gushee was convicted twice in 2003 on felony drug charges — and that’s before we get to this scumbag’s 2019 violent crime spree in Mesa, which takes up most of the pre-sentence report. Continue reading →