Debt & Deficits

Stockman: “After March 15th Everything Will Grind to a Halt”

People are missing the significance of March 15, 2017. That’s the day the debt ceiling holiday that Obama and Boehner put together expires. By summer, the government will be out of cash, and there will be the mother of all debt-ceiling crises. Everything will grind to a halt; there may be a government shutdown.

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Bubble Markets Will Continue Until?

The continuing support for these bubble markets is shocking to a thinking person, but it reveals that MOST leaders/administrators/traders/investors do not think. What is happening today could be reported as dire/ominous to a person of discernment and understanding…but to financial administrators and political leaders who need pumped-up markets to prevent chaos this mindset is unlikely to change.

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History Strongly Suggests Tax Cuts Would Revive GDP & Fuel Market Gains

...According to Bloomberg ("White House: Cohn-Led Tax Plan is Real and it's Phenomenal," February 10, 2017), Trump's tax plan, to be released in two or three weeks, will be "the most comprehensive business and individual tax overhaul since 1986." That's saying something, since the landmark 1986 tax bill cut many deductions and reduced the top rate to 28% for the rich, 15% for the middle class, and 0% for the poor.

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