This was meant for posting yesterday morning but I delayed it to post yesterday's article based on Trump's national address Wednesday night.
Here are even more questions raised to me from the article Economy, Income, Home Prices… < click here to read that article >
Some earlier questions on this article can be found at:
- Economy, Income, Home Prices: Q&A #1
- Economy, Income, Home Prices: Q&A #2
- Economy, Income, Home Prices: Q&A #3
- Economy, Income, Home Prices: Q&A #4
Send me whatever additional question you might have. I will do my best to share my opinion…for whatever that is worth.
You hinted around that the US uses wars as an economic tool to benefit the banks. Seriously?
I didn’t “hint around”, I said it outright. At least I think I said it as a matter of fact, I would have to back and check. But, let me clear it up now…yes, the US uses wars (and military “actions”) as an economic tool to benefit banks…and the military-industrial
complex. Both of which are controlled by the rich and powerful.
Let’s just look at the last 25 years as an example. We started a war with Iraq and lost. We started a war with Afghanistan and lost. We are in a proxy war with Russia, and you could hardly say we are winning that one. We are in a proxy war in Gaza/Middle-East, and again, you can hardly say anyone is winning that one. And it appears we are about to go to war with Valenzuela. But I bet we win that one. Yea us…we are so tough…we rock…we can beat up a small third-world country!!! USA…USA…USA …USA !
So what has happened during the last 25 years economically that you would be able to say benefited banks and the military-industrial complex? We’ve spent 10’s of trillions of dollars on the US war machine buying everything from bullets to aircraft carriers.
Now, during that same 25 years:
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- At the end of 1999 the national debt was about $5trillion and 60% of GDP.
- In 2025 the national debt is over $38trillion and 99.8% of GDP.
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And I already wrote who gets most of the interest on the national debt…private banks. But you say that the interest rate on that debt has gone down since 2000. Yup, it has…now let’s look at it in real terms:
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- 30-year Treasury Bill rate in 2000 was 6.63%. Interest paid on the national debt at that rate would be about $330billion.
- 30-year Treasury Bill rate in 2025 is about 4.7% (down 2pts). Interest paid on the national debt at that rate would be about over $1trillion.
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Yeah, we just did the math…3 times more interest paid on the national debt now than before we started and lost -or least didn’t win- multiple wars. And that interest went to banks, foreign and domestic, and some very rich folks. But what about the other 10’s of trillions of dollars…you know the money the government spent, but had to borrow, to buy the bullets and aircraft carriers? Yeah, that money went to defense contractors…also known as the military-industrial complex. And who owns the military-industrial complex? The ultra/super wealthy and major corporations (controlled by ultra/super wealthy)…and who do they use to handle those 10’s of trillions of dollars they make? Yup, banks.
Notice a pattern here…just maybe? I hope I cleared up the whole misunderstood “hint” of mine.
Some light reading for you: Let’s talk who is getting rich…from war…
You made the USA to be some war loving world bully. That is rude, offensive and just wrong.
Yes, I did make the case the US loves war…and yes, the US is a bully on the world stage. For a more complete understanding of my position that the US government loves war, please read:
As for the US being a bully in the world…well, one only has to see the world from other than the eyes of a properly indoctrinated US citizen.
Sounds like you hate Trump?
WHAT!?!?!?!?! Oh my gosh…here we go again. This gets really tiring. But one more time…
Up front…I voted for Trump for president three times. And I think the 2020 election was anything but free and fair.
Let me talk about “hate” for a minute. A number of years ago I got rid of “hate” when it comes to people. I finally realized that all people are flawed, all people make mistakes, all people do stupid and sometimes evil stuff. It finally dawned on me…it’s not the person that’s the problem, it’s their actions that are the problem and sometimes evil. So I can honestly say I don’t hate anyone…but I do hate some actions that some people do.
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- I love that he secured the borders.
- I love that he is deporting criminal illegal aliens.
- I love that he has fired lots of federal workers.
- I love that he is shutting down, or at least trying to shut down, government agencies/departments.
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Continuing with Trump…
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- I hate that he is still spending federal money like a drunken sailor.
- I hate that he is blowing up boats in international waters without a declaration of war or any judicial process or congressional oversight.
- I hate that he playing games with the Epstein Files and has not kept his pre-election promise in that respect.
- I hate that he went after Congressional Rep Greene.
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Continuing more with Trump…
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- It is unknown if his tariff war will benefit the country overall. It has hurt the economy and American families short-term but might help the country long-term. We simply don’t know yet.
- Trump says some of the stupidest crap I’ve ever heard come out of a President’s mouth.
- Trump trying to say that the economy is strong and growing and good for Americans is total BS. He is either being given wrong numbers, or he is ignorant, or he is covering up reality with his own self-deluded fantasies.
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Trump could be a great President…or maybe I should say a “greater” President. But he continues to be his own worst enemy. Take the East Wing…STUPID!!!! He orders the tearing down of a piece of an icon of America…a true piece of history. It doesn’t matter one bit if he has the legal authority or not…it was STUPID!! And then to build a gaudy $200 – $300million dollar ballroom. What????? Stupid!!
Yeah, a multi-hundred million dollar ballroom for 1,000 person parties. Come on…you gotta be kidding me. But for a billionaire and his ultra-wealthy friends I guess what’s a few hundred million here and there.
But at least you and I can attend parties there on the weekends…right? Ah, no. What, maybe 1% of Americans will ever attend a function of any kind in this garish piece of crap…the top 1% of American society.
Wait a second…did I just say only 1% of Americans will ever attend a function there? But I bet that 1% who get to attend will be average Americans…right? Ah, no. They will be the rich and famous, the rich and powerful, the ruling elites…you can bet on that. Let’s put this into perspective…
If you spent that same $300,000,000 on US veterans:
But no, let’s spend hundreds of millions of dollars on a piece of crap addition, to replace something that was perfectly fine, and dedicated for only the rich and powerful to enjoy. Yeah, sounds like a great move to me!!!
But, let me bring up a very uncomfortable point…why do we have 33,000 homeless vets, almost 3million vets with drug and alcohol problems, and 22 vets killing themselves every day? Maybe it is because of the endless wars over the last 25 years dragging men and women away from their country and families to destroy other countries
and kill innocent people by the 10’s, if not hundreds, of thousands. Maybe it is because those same vets give their bodies, minds, and souls to a government and military-complex that get incredibly rich every time a bullet is fired, a missile is launched, or a fighter jet takes off.
Yeah, let’s build another temple to the rich and powerful…
Note: As of yesterday (Dec 17) the price tag for Trumps’s temple to the rich and powerful just jumped to $400,000,000. Imagine that.
Okay…do you get it yet? I don’t “hate” Trump because I don’t hate people. I do hate some things people do. And I do hate some of the things Trump has done. I hope clears up your unfounded emotional outburst.
Articles in this Series –
- Economy, Income, Home Prices…
- Economy, Income, Home Prices: Q&A #1
- Economy, Income, Home Prices: Q&A #2
- Economy, Income, Home Prices: Q&A #3
- Economy, Income, Home Prices: Q&A #4
- Economy, Income, Home Prices: Q&A #5
Related Articles –
- Let’s talk who is getting rich…from war…
- We are a Warlike People ! (February 2023)
- Our lust for war ! (June 2025)
Q & A Time…Ask me a question or send me a message…
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