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Message
re: Bessent is considering throwing nearly $1 trillion into bond market intervention
Posted on 8/25/26 at 12:22 pm to Padme
Posted on 8/25/26 at 12:22 pm to Padme
quote:This will be very little to no savings. When fraudulent contracts are discovered the funds still have to be spent as directed by Congress. The funds just get shifted to “legitimate” contracts.
The only ‘spending cuts’ Trump can make is going after fraud.
quote:Running anyone that opposes spending out of Congress will do that. Trump is not a victim of congress on this one. He wants to spend more.
He can’t get congress to do some of the most common sense, simple things, so getting them to cut spending falls on congress, both parties.
Posted on 8/25/26 at 12:24 pm to ragincajun03
quote:
FAIR elections are THE most important thing to our political class.
FIFY
Posted on 8/25/26 at 12:24 pm to ragincajun03
quote:
FAIR elections are THE most important thing to our political class.
FIFY
Posted on 8/25/26 at 12:24 pm to ragincajun03
quote:
FAIR elections are THE most important thing to our political class.
FIFY
Posted on 8/25/26 at 12:24 pm to SlidellCajun
quote:Ouch.
“Every basis point of artificial yield suppression is a subsidy to procrastination,”
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