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re: Bessent is considering throwing nearly $1 trillion into bond market intervention

Posted on 8/25/26 at 12:22 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
63987 posts
Posted on 8/25/26 at 12:22 pm to
quote:

The only ‘spending cuts’ Trump can make is going after fraud.
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.

quote:

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.
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.
Posted by tiger789
on the bayou
Member since Dec 2008
2693 posts
Posted on 8/25/26 at 12:24 pm to



quote:

FAIR elections are THE most important thing to our political class.






FIFY
Posted by tiger789
on the bayou
Member since Dec 2008
2693 posts
Posted on 8/25/26 at 12:24 pm to



quote:

FAIR elections are THE most important thing to our political class.






FIFY
Posted by tiger789
on the bayou
Member since Dec 2008
2693 posts
Posted on 8/25/26 at 12:24 pm to



quote:

FAIR elections are THE most important thing to our political class.






FIFY
Posted by Taxing Authority
Houston
Member since Feb 2010
63987 posts
Posted on 8/25/26 at 12:24 pm to
quote:

“Every basis point of artificial yield suppression is a subsidy to procrastination,”
Ouch.
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