Monday, September 20, 2021

How to tank world economy?

 Mitch McConnell says the GOP will vote for the US to default on its debt

"As the White House stressed the urgency of raising the debt ceiling to avoid a government default, House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer said on Monday that the House would pass legislation to fund the government that includes a debt-limit suspension through the end of next year.

It was a dare to Senate Minority Leader Mitch McConnell, who would need to lend ten Republican votes for it to avert the filibuster and clear the Senate. The Kentucky Republican was unfazed.

"We will not support legislation that raises the debt limit," McConnell said after Pelosi and Schumer's announcement. "Democrats do not need our help.""

Collapsing the U.S. economy and making the dollar no longer the currency most valued in the world... all to own the libs and play politics. What more needs to be done to show Republicans do not deserve office?

No. This is about collapsing the democratic government so it can be replaced with a plutocracy.

McConnell will never follow through on this threat. We've seen this every September with a democrat in the White House for over two decades. Next up is the government shutdown theater.

Edit for clarification: while McConnell and his bosses the rich want to replace the current government, they do not want to destroy the dollar as a currency... wealth is the foundation of their power. These late summer posturing shenanigans are a scheduled opportunity for republicans to pressure democrats for smaller things they want, because they know democrats will cave.

To quote a show that was super popular then suddenly not, "They're willing to burn the country down just so they can rule over the ashes."

Remember this Americans… the party supposedly of fiscal responsibility doesn’t want to pay its bills.

The party that goes out of its way to destroy the economy to prove government is bad.

"There's no such thing as a good boss"

takes a boss position and purposely bankrupts

"See?"


They’re doing it to wreck the economy and blame it on Biden. It’s worked in the past when Democrats are in power. I don’t know why the public doesn’t see it but this was common during Obama.

They want to make Biden look bad so much that they are willing to let the U.S. default, killing jobs in the process.

Fourteenth Amendment, Section 4: The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

The constitution is pretty explicit. These people are traitors to their oaths of office to allow American finances to become a joke.

The party of fiscal responsibility all.

2 trillion for war? Sure! (300 million a day for 20 years) 2 trillion for tax breaks? Sure! 3 trillion to fix infrastructure that would lead to jobs? No! Socialism!

The stock market didn't crash under Biden like they all said it would, so now they have to force it to crash.

It is going to crash, but because we never fixed shit back in 08, and the “solution” to COVID was to artificially prop up the stock market with trillions. The Fed prints 120B monthly, with pretty much all of it going straight to banks/HF to pump straight into the market.

Fed can’t taper because stock market will crash, Fed can’t raise rates to curb inflation due to printing and asset purchases. So either the market will crash and our shit will be worthless or we plunge into hyperinflation and money will be worthless. Don’t worry though, the Fed board managed to liquidate their personal holdings due to potential “conflicts of interest.”

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