Showing posts with label Spending 2025. Show all posts
Showing posts with label Spending 2025. Show all posts

Wednesday, October 29, 2025

Who needs to run if elections are suspended in yet another phony national emergency?



Trump is not allowed to stop spending money which was lawfully appropriated by the Congress for specific purposes, or to spend it on other things, but that's exactly what he's doing anyway.

He's illegally taxing every American with his tariffs under a phony emergency power granted him by our servile Congress. 

He's not allowed to shake down and detain citizens on the pretext that they may be illegally present, but that's exactly what he's done. He's made a mockery of citizenship.

He's not allowed to search without a warrant, but he's doing it anyway. You let him do it every time you fly, so what's the big deal if now he's invading homes and businesses without warrants in search of illegal aliens? You don't care.

He uses his bully pulpit literally to bully people, to suppress their speech. He threatens investigations of his opponents, and makes good on them with actual probes and charges. Some in Congress admit they are afraid of him.   

No one made him the judge, jury, and executioner, but that's who he thinks he is. He is in fact murdering non-combatants pure and simple every day, and Pete Hegseth and Marco Rubio are his accomplices, as is the U.S. military, to its everlasting shame.

Trump is the greatest . . . violator of civil rights and the rule of law since Lincoln.

He's made an ass of the law.

He's flooded the zone with illegality, impropriety, personal corruption, crime, and ugliness. 

And Congress just lets him. The courts just let him. The people just let him.

They all just shrug. They're the French, and he's their Napoleon. 

 

Thursday, October 23, 2025

National Debt hits $38 trillion

 Nov 21, 2024: $36.034T

July 4, 2025 ONE BIG UGLY BILL 

Aug 11, 2025: $37.004 T

Oct 21, 2025: $38.019 T

 


 

Wednesday, October 22, 2025

One nutball era takes over where one left off: Trump's big ugly bill had no money in it to replenish the Strategic Oil Reserve gutted by Joe Biden, at a time when WTI is half the price it was in 2022

 US seeks 1 million barrels of oil for Strategic Petroleum Reserve

... The previous administration of former President Joe Biden sold record amounts of oil from the SPR, including a 180-million-barrel sale after Russia, one of the world's top oil producers, invaded Ukraine in 2022. The reserve, which has about a 700-million-barrel capacity, is now holding nearly 409 million barrels. ...
 
Trump's tax and spending bill included about $171 million for the SPR oil purchases and maintenance, much less than the $1.3 billion that had originally been in the legislation. Buying more oil for the SPR will likely require the passage of new legislation. ...
 
Buying a million barrels is a drop in the bucket. Maintenance costs are eating up most of the $171 million. Joe Biden reduced the reserve by 244 million barrels during his tenure.
 
A reserve of 600 million barrels would run the country for only 30 days in a real emergency, max. 
 
We are governed by imbeciles, who think we currently have about 50 national emergencies. 
 
 

 

Saturday, October 18, 2025

People are right to doubt government data when Trump's Treasury Department under Scott Bessent leads off with this chart crime of September 2025 federal outlays

 You can access the Treasury's Monthly Treasury Statement here to see for yourself.

The OUTLAYS BY FUNCTION for September 2025 in the Figure 1 graphic DO NOT ADD UP TO $346 BILLION, as stated.

They add up to $560 billion.

The receipts DO ADD UP, almost, to $543 billion.

That the graphic indicates $544 billion, not $543 billion, is another clue that the entire thing is a tendentiously fabricated interpretation of the data from within the report, obviously. 

Well duh.

Meanwhile that "Other" category isn't a Red Flag for nothing!

"Hello! Hey! Yes, you! We're about to pull a fast one! Pay Attention!" 

In the end outlays of $560 billion minus receipts of $543 billion = a September DEFICIT of $17 billion, NOT A F^@KING SURPLUS OF $198 BILLION.

They are asking you to deny the evidence of your own eyes, and they know it. 

It's a total lie, as in Lies, Damn Lies, and Statistics.

When you can't trust the U.S. Treasury Department, who can you trust?

 

The upshot is that Fiscal Year 2025 ends with a deficit of $1.973 trillion, far worse than FY 2024's $1.816 trillion . . . by 8.6%.

But the Trump Regime wants you to think the deficit is smaller than in 2024, at $1.775 trillion, that they're cutting spending by closing agencies and departments and firing federal employees, and increasing revenues through tariffs, et cetera, et cetera, et cetera, and that the Big Ugly Bill is working.

LIES, DAMN LIES, I tell you. 

 



Monday, October 13, 2025

Democrats are aghast at the lack of coordinated pushback from their GOP colleagues against the Trump administration's aggressive incursion into the power of the purse

The GOP wants autocracy, and boy are they ever giving it to us, in the name of cutting duly authorized spending of already appropriated funds.

It's pure madness, a complete abnegation of the constitution, brought to us by the GOP.

It would be unpatriotic to ever vote for them again.


 

... “I believe that we don’t have a choice about reducing spending,” said Sen. John Neely Kennedy (R-Louisiana), a member of the committee. “The only time I’ve seen us reduce spending from the 10 years I’ve been here is through a rescissions package.”

The administration’s “aggressive” incursion into the power of the purse follows decades of members of Congress ceding their authority to the executive on other matters like tariffs and war powers, according to Molly Reynolds, an expert at the center-left think tank the Brookings Institution. But the appropriations process — although messy and increasingly partisan in recent years — had remained generally free from the reach of the executive branch. ...

More.

Tuesday, September 16, 2025

If you paid attention to NeverTrump, you knew Charlie Kirk was a phony ten years ago, which is why he promoted fellow phony J. D. Vance to be VP

 


 

Kirk hated Trump but saw an opportunity, claims ex-employee...

 

Well no shit.

The GOP today is riddled with sycophants who formerly opposed Trump but support him now. Those of us who supported Trump in 2015-2016 took great pleasure in pointing it out as they came crawling back.

Many who changed their minds about supporting Trump defend themselves today by saying they changed their minds because they were persuaded by reflection on the Trumpist agenda, but none of that is becoming the law of the land today through the GOP Congress. It's all by executive order and lawfare. None of this will last, except for the ka-ching ka-ching.

In Charlie Kirk's case, flipping to Trump has been bery bery good for Turning Point USA, which went from a lousy little $2 million operation in 2015 to an $80 million one by 2022.

I mean, how many dollars will it take before we actually get some of that fiscal responsibility, free markets, and limited government which it is supposed to promote, seeing that we're headed for a $2 TRILLION deficit by September 30th?

 

Considering how awful Trump is now on just about everything compared with his first term, it must be that they all flipflopped only for the money, the power, and the influence.  

 


 

  

Friday, September 12, 2025

You know, at this point I'd settle for billions and billions coming in

 



The fiscal year is rapidly coming to a close, and Trump has spent us $1.973 trillion deeper into the hole with one month left to go, compared with Biden's last year at $1.897 trillion through August

 















Meanwhile ...

... [Charlie] Kirk, who had millions of social media followers, co-founded the non-profit Turning Point USA in 2012 as a teenager, which he dubbed a 'national student movement.' 

Its mission is to 'identify, educate, train and organize students to promote the principles of fiscal responsibility, free markets, and limited government.' ...

 

Monday, September 8, 2025

Treasury Secretary Bessent tells a whopper


 
 
These jokers have added $1.2 trillion to the national debt in TWO months.
 
The 10-year US Treasury has returned 1.013% nominal in the last twelve months, -1.419% real. 

Tuesday, September 2, 2025

Bonds tank and gold soars to start September in huge embarrassment to Banana Republican Donald Trump, who wouldn't pay his own bills let alone the country's

... Tariffs are set to bring in $172.1 billion in 2025, according to the Tax Foundation, which would be a nice financial boost to a country with a ballooning budget deficit.

“If this ruling is upheld, refunds of existing tariffs are on the table which could cause a surge in Treasury issuance and yields,” wrote Ed Mills of Raymond James in a note. ...

More

 



Friday, August 29, 2025

Trump's federal government spending cuts are non-existent: We're on track to blow $7.3 trillion as expected

 The Elon Musk-DOGE spending cut affair was pure theatre.

When I said we spend $20 billion a day I wasn't kidding.

OK, it's only $19.869794 billion a day.

Meanwhile revenues are expected to fall short by $4.842671 billion PER DAY in 2025. 


 

Thursday, August 21, 2025

Trump adds $1 trillion to the national debt in record time and S&P Global underscores its own irrelevance by maintaining the U.S. AA+ credit rating

 Trump tariff revenue expected to offset tax bill impact, S&P says in U.S. credit rating hold

... "We could lower the rating over the next two to three years if already high deficits increase ..." lol.

 These people are afraid of Trump.

They don't want to be singled out for Trump's daily Two Minutes Hate.

They don't want to be the next Jerome Powell, or Lisa Cook, or Volodymyr Zelensky.

Meanwhile year to date the Trump deficit is running $112 billion ahead of Biden's last deficit. DOGE so-called spending cuts and Trump Tariffs have done nothing to reduce it.

 



 


 

Wednesday, August 13, 2025

Elon Musk's phony Doge spending cut math was basically like positing there was a $20,000 credit limit when there wasn't, canceling it and then saying, ‘I’ve just saved $20,000'

 

... DOGE’s savings calculations are based on faulty math. The group uses the maximum spending possible under each contract as its baseline — meaning all money an agency could spend in future fiscal years. That amount can far exceed what the government has actually committed to pay out.

Counting this “ceiling value” gives a false picture of savings for taxpayers.

“That’s the equivalent of basically taking out a credit card with a $20,000 credit limit, canceling it and then saying, ‘I’ve just saved $20,000,’” said Jessica Tillipman, associate dean for government procurement law studies at George Washington University Law School. “Anything that’s been said publicly about [DOGE’s] savings is meaningless.” ...

More. 

Trump's deficit year to date is $112 billion higher through July than Biden's through July last year, up 7.4%

 


Saturday, July 19, 2025

The EU spent more on anti-carbon lunacy in 2024 than on defense

... the EU is now promising to cut carbon emissions by 90% in just 15 years. This goes even further than its already foolhardy promise of a 55% cut by 2030. ...

The EU splurged $381 billion just in 2024 on solar panels, wind turbines, electric cars and the like — more than its entire spending on defense. This is delivering skyrocketing electricity bills — last year they were two times higher than in the US. ...

... the climate impact from the EU’s policies will be next-to-nothing. Run the promised 90% by 2040 and net-zero by 2050 in the United Nations’ own climate model and compare the temperature outcome with the current policy. Because the EU matters little in global emissions and because it has already cut emissions significantly, it will only reduce global emissions through the 21st century by a small 3%. The temperature difference in 2050 is a vanishing 0.02°F and even by 2100 the impact will be impossible to measure at 0.07°F.

All while models show that the cost for the EU by mid-century could be more than $3 trillion every year — more than all current public spending in the EU. ...

More