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Deficits Don’t Matter

Until they do.

The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday.

The difference between federal spending and revenue has only ever exceeded $1 trillion four times, in the period immediately following the global financial crisis.

Estimates for the year are predicting the deficit to exceed $1.0 trillion.  The CBO keeps warning about this, but they expect the same people that cause this to fix it.  I’m not optimistic.

The CBO has warned that the nation’s debt is on an unsustainable path. Higher levels of debt increase borrowing costs, make it harder for the government to battle economic downturns and increase the share of future spending devoted to paying off interest costs.

more at The Hill

Ukraine Coup & Joe Biden Scandal Explained w/ Humor

Ukraine Coup & Joe Biden Scandal Explained w/ Humor

The story didn’t begin with a phone call between Donald Trump and Ukraine’s president about Joe Biden.  But back during Barrack Obama’s presidency in 2014, the United States orchestrated a coup of Ukrainian politics and has since been the puppeteer to an entire corrupt regime with Joe Biden’s fingerprints all over it.

In this brand new shocking political comedy episode, we take a look at the history, leading up to this modern scandal…

You can find the schedule of upcoming episodes (Topics & Dates) here:
http://hypocritetwins.com/

Ayatollah Khamenei: Nukes Are Haram

We already know that’s been the edict in Iran since his predecessor, Ayatollah Khomeini, banned pursuit of nuclear weapons back in the 1980s. But here Khamenei is repeating it, again.

“Building and stockpiling nuclear bombs is wrong and using it is haram (religiously forbidden) … Although we have nuclear technology, Iran has firmly avoided it.”

Now, Horton’s law says he must be lying since he’s a politician saying something good, however, in this case, the actual behavior of the Iranian government this whole time has been consistent with creating a latent deterrent at worst, and mostly have just built up their program so they’ll have something to trade away in exchange for normalization. Something that worked for them, temporarily, at the end of the last administration, when Obama signed the JCPOA.

Remember When

In Syria we had CIA-armed militias fighting Pentagon-backed militias.

In mid-February, a CIA-armed militia called Fursan al Haq, or Knights of Righteousness, was run out of the town of Marea, about 20 miles north of Aleppo, by Pentagon-backed Syrian Democratic Forces moving in from Kurdish-controlled areas to the east.

And this from the congressman who is trying to impeach Trump:

“It is an enormous challenge,” said Rep. Adam Schiff of California, the top Democrat on the House Intelligence Committee, who described the clashes between U.S.-supported groups as “a fairly new phenomenon.”

“It is part of the three-dimensional chess that is the Syrian battlefield,” he said.

Fun times!

Thanks to Rudy Havenstein.  Follow him on twitter.

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