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The EU is about to implode, partly over the migrant/refugee situation, and partly because the EU financials were poorly thought out. This is not a conspiracy theory. Many parts of the EU are on the brink of civil war, and many parts are on the brink of bankruptcy and default.
The Brexit vote was evidence of a growing trend toward a revolt against Brussels. The reaction from Brussels was to squelch any further thoughts of exit. That will fail.
European Socialism, seen by US liberals as a wonderful model to be emulated, will never succeed in the US. Americans are very different than Europeans; our history, culture, economics and political philosophy are totally out of sync. It was once common for Europeans to immigrate to the US for a better life. Now we see American liberals moving to Europe for a better life.
I wish them well....
And yet so many just think it's the most wonderful system, turning a blind eye to what the individual countries are saying.
I hope not, but like many Americans, I believe we will one day see this.
Alwaleed bin Talal has been bailing Trump out since the '90s. They have recently been putting on a dog and pony show to distance Trump from his Muslim creditors, but he supposedly owes $214 million to Alwaleed. The big reason he is not releasing his income tax returns is that they would show that he has no problem with Muslims as long as they bring money.
You do realize that Trump has already released his corporate and personal financial statement (he did this at the start of his campaign) that would have any reference to debtors and creditor including any money owed to Muslims.
Income tax statements would only shows personal tax liabilities, not corporate obligations and not any money owed through the company.
The dems and the left leaning media want us to ignore this to make Trump look bad and the uneducated public just falls in step without thinking.
Here's my guess on why he's not releasing his tax statement. It's common knowledge that most proprietorships only take a small wage as the owner so that they can write off corporate expenses and since the proprietor (Trump) is also the owner he can write off most of his personal expenses like his jet.
As an example; Warren Buffet only takes $100,000 a year as his personal wages (last time I heard). All his jet link expenses and other expenses are written off by Berkshire. $100.000 is his taxable earn income for tax purposes.
With the election polls evening up, it looks like there is a real possibility that Trump might win. If he does, life in the good old US of A will change radically.
1. He will let congress cancel Obamacare. Health insurance companies will shed high risk clients like a golden retriever sheds water after a swim. Right now, 90% of Americans have health insurance. A year after Trump we'll be back to the pre-Obamacare 70%, and the ones who get dumped are the ones who are really sick.
2. Congress is itching to shed Medicare. If we end up with Ryan's voucher plan, it's going to get expensive fast.
3. His tax cuts for the rich program will bump our national debt from 80% of GDP to 102% of GDP in 10 years. On the plus side, a massive government borrow-and-spend program might finally bring down the dollar, at the cost of rapid inflation. If he really manages to default on foreign debt like he says, the dollar will turn into toilet paper overnight.
I have never been much into metals, but I think if Trump gets elected it will be time to buy gold and silver. I'm really hoping that congress buys the $650 million debt he owes to the Russians and Muslims. It's uncomfortable to think of the US president's finances being in the hands of Russians and Muslim religious fanatics. He has already said that he wants to give the Arabs nukes, and that would let the nut cases in the Middle East start a nuclear war. If that happens it really will be TEOTWAWKI.
What kind of plans are you making?
I'm making plans to live exactly the way I did under Obama and W.
I can't see Trump spending more than the current regime has.
Every president spends more than the preceding one. That is not a political statement. What does however vary from administration to administration, is whether the overall economy happens to be growing sprightly, or just puttering along. Part of this is good economic policy, and part (the larger part) entirely beyond political control. I do not believe that Trump's policies will be pro-growth.
Quote:
Originally Posted by chiluvr1228
Although I've always voted Republican I would be embarrassed to have Trump representing the USA.
I do not believe that he's a Republican or even a centrist. Instead I think that his proposals – and certainly his histrionics – are destabilizing, and markets hate instability. But it's not a cause to "bug out". As others have said, to where ought one to move? It will indeed be embarrassing, but somehow we'll muddle along.
Quote:
Originally Posted by Nor'Eastah
What possesses anyone to vote for a *cough*cough* CRIMINAL???
Because they're all criminals, and I'd rather choose the criminal who's already fairly well sized-up, than one's who's enigmatic and inscrutable.
Quote:
Originally Posted by Nor'Eastah
... It was once common for Europeans to immigrate to the US for a better life. Now we see American liberals moving to Europe for a better life.
I do find it to be fascinating, that over say the past 50 years, we've had such a paltry trickle of immigrants from Western Europe. In 1750, so many immigrants were English or German. In 1850, Irish. Well, what about 2000? Where are the freshly-arrived English, Irish, Germans? Why aren't they clamoring to get an H-1B, or a Green Card? Hmm….
With the election polls evening up, it looks like there is a real possibility that Trump might win. If he does, life in the good old US of A will change radically.
1. He will let congress cancel Obamacare. Health insurance companies will shed high risk clients like a golden retriever sheds water after a swim. Right now, 90% of Americans have health insurance. A year after Trump we'll be back to the pre-Obamacare 70%, and the ones who get dumped are the ones who are really sick.
2. Congress is itching to shed Medicare. If we end up with Ryan's voucher plan, it's going to get expensive fast.
3. His tax cuts for the rich program will bump our national debt from 80% of GDP to 102% of GDP in 10 years. On the plus side, a massive government borrow-and-spend program might finally bring down the dollar, at the cost of rapid inflation. If he really manages to default on foreign debt like he says, the dollar will turn into toilet paper overnight.
I have never been much into metals, but I think if Trump gets elected it will be time to buy gold and silver. I'm really hoping that congress buys the $650 million debt he owes to the Russians and Muslims. It's uncomfortable to think of the US president's finances being in the hands of Russians and Muslim religious fanatics. He has already said that he wants to give the Arabs nukes, and that would let the nut cases in the Middle East start a nuclear war. If that happens it really will be TEOTWAWKI.
Every president spends more than the preceding one. That is not a political statement. What does however vary from administration to administration, is whether the overall economy happens to be growing sprightly, or just puttering along. Part of this is good economic policy, and part (the larger part) entirely beyond political control. I do not believe that Trump's policies will be pro-growth.
I do not believe that he's a Republican or even a centrist. Instead I think that his proposals – and certainly his histrionics – are destabilizing, and markets hate instability. But it's not a cause to "bug out". As others have said, to where ought one to move? It will indeed be embarrassing, but somehow we'll muddle along.
Because they're all criminals, and I'd rather choose the criminal who's already fairly well sized-up, than one's who's enigmatic and inscrutable.
I do find it to be fascinating, that over say the past 50 years, we've had such a paltry trickle of immigrants from Western Europe. In 1750, so many immigrants were English or German. In 1850, Irish. Well, what about 2000? Where are the freshly-arrived English, Irish, Germans? Why aren't they clamoring to get an H-1B, or a Green Card? Hmm….
Because all the smart, hard working ones are here already...
I was waiting for a mod to come along and move it....but I guess they're busy elsewhere.
I was hoping for the same. I won't be posting here until this political crap gets moved out to where it belongs.
PS. F*** Hillary, that criminal b***h.
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