Monday, July 13, 2026

The $39 Trillion Habit That Washington Cannot Quit

  The $39 Trillion Habit That Washington Cannot Quit - hotair.com

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From X: 73 days before Trump took office the government gave out 93,000,000,000 in loans to business with no records! This is over twice as much given out in the last 15 years. Senator Kennedy wonders how this is even possible.

More recommended reading: 

Recommended podcast: The Federal Reserve: What You Need to Know, by Jim Schneider of Crosstalk America

Recommended quotes: 

  • "If you knew that you could live in luxury for the rest of your life but that by doing so it would absolutely destroy the future of your children, your grandchildren, and your great-grandchildren, would you do it? Well, that is exactly what we are doing as a nation. Over the past several decades we have stolen $15 trillion dollars from future generations so that we could enjoy a dramatically inflated level of prosperity. Our 15 trillion dollar party has been a lot of fun, but what we have done to our children and our grandchildren has been beyond criminal. We ran up the greatest mountain of debt in the history of the planet and we are sticking them with the bill. Sadly, both political parties have been responsible for the big spending that has been going on." (The Economiccollapseblog.com)
  • "A democracy cannot exist as a permanent form of government. It can only exist until the majority discover it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship and then  a monarchy." 


The $39 Trillion Habit That Washington Cannot Quit

   The $39 Trillion Habit That Washington Cannot Quit  - hotair.com --------------------- Recommended reading: U.S. Government Financial Sta...