Harry Winnows
Law professor Jonathan Turley slams opening of Trump hush money trial: ‘This is an embarrassment’ | Just The News
Law professor Jonathan Turley slams opening of Trump hush money trial: ‘This is an embarrassment’
Prosecutors have claimed that Trump conspired to influence the 2016 election by hiding the payments and covering up the alleged affair, which could have potentially been damaging to his campaign.
Harry Winnows
This is the scene at Columbia University right now. A literal cult is occupying the campus. Remember: We all paid their student debt.
Harry Winnows
@RobertMSterlig
This is the scariest chart I’ve ever made. This is what it looks like when a country is heading toward a financial precipice.
Each color shows $1T getting added to the national debt.
Not that long ago, it took six years to add a bar.
We’re now adding one every 90-120 days.
The explosion of debt has been the only bipartisan phenomenon of my lifetime. For us conservatives, we can’t blame it on just Biden and Obama. For you Democrats, you can’t put this on just Trump. It’s both parties, all presidents, and every Congress.
The acceleration started under George W. Bush. Bush went into 2002 with less than $6T of debt. Thanks to GWOT military spending and tax cuts we probably couldn’t afford, $6T grew to $7T in 23 months, $8T in another 21 months, and $9T in 23 months.
Then the Great Recession hit. We added the next trillion in 13 months, crossing $10T for the first time in American history. And we haven’t looked back since.
During the second Obama term, with spending reined in by the Tea Party movement, annual deficits reduced to less than $1T, and growth in the debt slowed down. At the end of Obama’s tenure, it took nearly 20 months to go from $19T to $20T.
That would be the last time it took a full year to add a trillion dollars to the debt.
In 2017, a real-estate developer got inaugurated as president. And, if there’s one thing we all know—and love!—about real-estate investors, it’s that they understand the value of leverage.
Under Trump, even as the economy surged, deficits grew, and national debt once again spiraled. We ended 2019 with a little over $24T in debt.
Then Covid hit, along with consumer stimulus, PPP loans, massive government spending, and reduced tax receipts. Over just two months in 2020—April and May—we added $2T to the national debt. Ever since, we’ve been adding $1T every 160 or so days.
With Biden in the White House and a narrowly divided Congress, we’re now adding $1T to the debt every three to four months. It took just 91 days to go from $32T to $33T. 104 days to get to $34T.
And it’s not slowing down. Biden has another 300+ days in office this term. When he or Trump enters their second respective term in office in 2025, the debt will likely be above $37T.
Where does it end? As deficits continue to pile up and borrowing costs remain relatively high compared to where they were over the previous 20 years, how is any of this sustainable?
Harry Winnows
😂
Osama Bin Laden Given Honorary Posthumous Doctorate From Columbia
NEW YORK, NY — Alumni past and present gathered at the steps of Low Library on Columbia's Morningside campus in New York City to celebrate the awarding of an honorary doctorate to none other than Osama Bin Laden.
Harry Winnows
Harry Winnows
Joe Biden’s America:
You can now get a college degree on Taylor Swift THEN have your student debt paid for by a truck driver’s tax dollars. 🥴
Harry Winnows
Over 55 cars stolen in the past 48 hours in Oakland, California. This makes 3rd world countries look like rookies.
Harry Winnows
The Biden administration is suing Sheetz for discriminating against minorities.
The reason? The company requires all the applicants to first pass a criminal record background check.
You are now required to hire criminals.
Harry Winnows
Congress is such a mess. Anything but, we the people. @chiproyrx Re: Foreign Aid: “Today, I voted no… These bills were brought forward under a contrived process to achieve a pre-determined outcome — a $100 billion, unpaid-for foreign aid package while failing to secure the border. For months, House Republicans — specifically, Speaker Mike Johnson — have been unequivocal that we would not send billions in additional aid to Ukraine without securing our own border first. This package represents a complete reversal of a position that previously unified the Republican conference, despite the clear & present danger the southern border represents to U.S. national security. Instead, House Republicans held a show-vote on H.R. 3602, a version of H.R. 2 that stripped E-Verify & added $9.5 billion in funding to support border states like Texas. While I voted for this bill, it was designed to fail under suspension of the rules as a "cover" vote because House Republicans chose not to attach it to the foreign aid package that passed the House today – & in so doing, gave cover votes to Democrats who have been blocking actual border security. Further, despite assertions of an “open” process, the foreign aid bills were brought forward with anything but. While individual votes were held on assistance for Ukraine, Israel, & the Indo-Pacific, and a package that included a bill forcing the CCP to divest from TikTok (among other items), the rule providing for their consideration packaged the bills together as an amendment to the Senate-passed foreign aid bill. Worse still, a mere seven amendments received consideration on these bills, despite over 300 having been filed, & not a single amendment to secure the border was made in order. As a matter of policy and principle, I strongly support providing aid to our friend and ally Israel to support them generally, and particularly in the wake of Hamas’ barbaric terror attack and Iran’s recent strike. I was proud to pass Israel funding in November, fully paid for – & was prepared to advance an Israel-only bill now to stand with Israel. However, the Israel aid package was paired to gain Democrat support with over $9 billion in humanitarian aid to Gaza… which will certainly & inevitably find its way into the hands of Hamas — effectively funding both sides of the war & undermining Israel. Therefore, I was unfortunately forced to vote no on this measure, a position only reinforced when AIPAC scored the “rule” vote to proceed to the total package, despite the aforementioned aid to Hamas and the lack of border protection for America in the package. With respect to Ukraine, I support its effort to defeat Putin but cannot support sending $60 billion in additional unpaid-for funding, much of which fails to go to lethal aid, without both a clear mission and the policy changes necessary to force the securing of our own border. The Biden administration has still failed to outline a clear mission for U.S. involvement in Ukraine, despite