PortaJohn

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Where are the old folks on this thread?
The post above was the USA paid more in bond debt interest than the military


Ah the 1970s - you could have rolled the dice and purchased 15% 30 year treasury bonds - 5% more than the average s&p return for 30 years and no fed tax to boot.


1960's space race was extremely expensive
Vietnam war - expensive
The debt grew - the economy was choked as money went from being spent by government into society to pay bond holders

Yeah - not a fan of Carter - but whomever got elected was in a bad spot.


Fast forward to today
Non stop war for 25 years
The US both issued a shit ton of bonds and inflated the money supply.

Both sides are guilty.

Congress mandated poor people could buy homes. The failed lender countrywide was shocked when the new lending requirements were rolled out. Congress created a bubble in housing by backing loans for unqualified people that led to the 2008 housing and global crisis.


We issued and printed a massive amount of debt and cash called quantitative easing. Called kicking the can down the road.
Like a person headed towards bankruptcy putting a vacation on credit card.

If anyone is shocked at how much interest the US pays out, imagine what would happen if we went back to interest rates of the year 2000 when a 9% ginniemae cmo bond was common/ 9% mortgage rate was normal.


God forbid we go back to 12% & up on treasuries and 18-24% on mortgages and auto loans
 

It's actually worse than you think when you read the whole thing. Sample size is too small to actually be "0", but it's only a number greater than zero and that's held true over many years.

The most disturbing part is later on when you see the actual level of racism in White/Black/Latino/Asian. Whites are far and away the least racist group in America, yet everyone hates them the most, including whites (almost entirely leftist whites).

This whole study just proves what everyone already knows, white Americans are the LEAST racist people in the country.

White on black rape is rare, but I'm sure it happens.
 
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It's actually worse than you think when you read the whole thing. Sample size is too small to actually be "0", but it's only a number greater than zero and that's held true over many years.

The most disturbing part is later on when you see the actual level of racism in White/Black/Latino/Asian. Whites are far and away the least racist group in America, yet everyone hates them the most, including whites (almost entirely leftist whites).

This whole study just proves what everyone already knows, white Americans are the LEAST racist people in the country.

White on black rape is rare, but I'm sure it happens.

Indeed. We're so racist that we can't keep them from crawling through the wire to get here and be discriminated against...

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