federal

We Got Fooled Again! Federal Debt Is UP 236% Since Obama/Biden Were Sworn-in In 2009, Federal Spending Is UP 121% (Unfunded Liabilities [Promises] Now At $221 Trillion)

by confoundedinterest17 Meet the new boss, same as the old boss. We did get fooled again! The problem with the national debt can’t be fixed with Mitch McConnell still in the Senate and too many Obama-era political hacks still in Washington DC. The Obama/Biden era began in 2009 and it still exists despite Trump winning …

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You had me at ‘mass firings of federal workers.’

Elon Musk and Vivek Ramaswamy float ending remote work for federal employees and ‘large-scale firings’ The idea could affect over 1 million federal workers who are eligible for remote work. Incoming Trump administration advisers Elon Musk and Vivek Ramaswamy on Wednesday floated ending remote work for federal workers, calling the practice a “privilege” left over …

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How the federal government devours 25% of every U.S. dollar…

Must read for anyone wanting to understand how the federal has come to consume nearly 25 cents out of every $1 earned in the US. https://t.co/5KtQUtim9t — Richard A. Stern (@RichAStern) November 20, 2024 If we want to reduce inflationary deficit spending and get interest payments under control, Americans must take a hard look at …

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Former senior manager of Federal Reserve Bank of Richmond pleads guilty to insider trading and making false statements

RICHMOND, Va. – A Mosley man pled guilty today to committing insider trading and making false statements about his trading to his employer, the Federal Reserve Bank of Richmond (FRBR). According to court documents, Robert Brian Thompson, 43, worked as a bank examiner and senior manager with supervisory duties for the FRBR. Due to his …

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Trump tells John Thune — ‘Matt Gaetz can be appointed via Federal Vacancies Act.’ Gaetz could have two consecutive 210 day terms.

I am not an expert on the Federal Vacancies Reform Act of 1998, but based on my initial reading of various summaries of the act, Matt Gaetz would not currently be eligible to be named as AG under the act as he is: •Not the "first assistant" to the office.•Not already… pic.twitter.com/GN8aGagQnh — Brick Suit …

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Sean ‘Diddy’ Combs obstructing justice from behind bars, federal prosecutors allege

Federal prosecutors have accused Sean “Diddy” Combs of breaking jail rules in an attempt to manipulate witness testimony and taint the potential jury pool in his case, according to a court document filed Friday. Combs, 55, is currently in custody in Brooklyn’s Metropolitan Detention Center as he faces charges of racketeering, sex trafficking and transportation …

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Donald Trump names Brendan Carr as Federal Communications Commission (FCC) chair.

Donald Trump names Brendan Carr as Federal Communications Commission (FCC) chair. JUST IN: Donald Trump names Brendan Carr as Federal Communications Commission (FCC) chair. pic.twitter.com/NxCq9Nmzs6 — AZ Intel (@AZ_Intel_) November 18, 2024 BREAKING: President-elect Trump selects his FCC commissioner as Brendan Carr – the current senior Republican at the FCC. "Commissioner Carr is a warrior …

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Vivek Ramaswamy says ENTIRE Federal Agencies will be DELETED!

I have family and friends who work for the government, and they openly admit how boring and easy their jobs are compared to the great pay and benefits they receive. We’ve known this for years, yet they keep adding more requisitions for the same pointless, easy positions. It’s… — JoJo Curtis (@JoJoCurtis13) November 17, 2024

81% demand federal government downsizing. Elon Musk is looking for DOGE cuts. Rand Paul’s “Festivus” report has caught his eye!

81% of voters want to shrink the federal government 🤯 Considering 15% of voters *work* for government, that means roughly everybody else wants it to shrink. https://t.co/fsfieL5m9J pic.twitter.com/eQjeSxJips — Peter St Onge, Ph.D. (@profstonge) November 15, 2024 The U.S. National Institutes of Health spent $442,340 to study the behavior of male prostitutes in Vietnam. That …

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Rand Paul’s ‘Festivus Report’ reveals $482 billion in wasteful federal spending.

It’s my favorite time of the year… Sen. Rand Paul’s annual “Festivus Report” is out – with a whopping $482 billion in taxpayer-funded waste—from $3 million for steroid-injected hamster brawls to $118,000 to see if Thanos could snap his fingers in a metal glove. Some highlights include: • $31.5 million on luxury cars with COVID …

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Nature is healing: Indiana transition care ban upheld by federal court; Democrats join pushback against Soros-backed DAs nationwide.

BREAKING: INDIANA TRANSITION CARE BAN UPHELD BY FEDERAL COURT A U.S. appeals court has upheld Indiana’s law banning puberty blockers and hormone therapy for transgender minors, one of 26 states with similar restrictions. The 7th Circuit’s 2-1 ruling emphasized that the law applies “regardless of whether the patient is a boy or a girl.” The …

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The Federal Reserve is not independent, it is basically a branch of the Democratic party. You have to see this chart…

All this pearl clutching about Fed independence is nonsense. Fed is not independent, it is basically a branch of the Democratic party. You can see this in many ways. 1) Political donations by Fed employees overwhelming go to the Democrats. 2) Former FRBNY president is comfortable writing columns suggesting Fed conduct policy against Trump. 3) …

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Federal Reserve cuts interest rates by a quarter point

https://www.cnbc.com/2024/11/07/fed-rate-decision-november-2024.html The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to right-size monetary policy. In a follow-up to September’s big half percentage point reduction, the Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or …

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Elon’s first day working for the Federal Government

Elon's first day working for the Federal Government pic.twitter.com/OR2dDb7Awb — Darth Powell (@VladTheInflator) November 6, 2024 JUST IN: 🇺🇸 RFK Jr says he will clear out entire departments of the Food and Drug Administration, and root out corruption. "They're not protecting our kids." pic.twitter.com/1RjpgQG4eM — Radar 𝘸​ Archie🚨 (@RadarHits) November 6, 2024 Bernie Sanders: “It …

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The former chair of the Federal Deposit Insurance warns that United States debt could drive the next financial crisis.

Imagine how much higher interest expense pushes debt if the Fed can't keep long term interest rates at current yields or lower. pic.twitter.com/sIT53e4n5e — David Sommers (@dgsommersmkts) November 5, 2024 I have seen more than my fair share of financial crises during my time in the U.S. government. I was the assistant secretary of the …

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DOJ Will Monitor Polls in 27 States for ‘Compliance with Federal Voting Rights Laws’

The Department of Justice has announced that it will monitor polls in 86 jurisdictions throughout 27 states on election day for “compliance with federal voting rights laws.” The agency’s Civil Rights Division will coordinate the effort. Republican lawmakers in Missouri and Florida are trying to bar the agency from polling places, accusing them of “overstepping …

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Elon Musk claims Trump could slash $2 trillion from the federal budget… Would you support Trump firing 85% of federal employees?

Elon Musk claimed he can eliminate at least $2 trillion from the federal budget, laying out his vision for substantial government spending cuts if Donald Trump wins the presidency. “Your money is being wasted,” Musk said Sunday at a rally for Trump in New York’s Madison Square Garden. “We’re going to get the government off …

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Kamala Harris says she will double federal minimum wage to $15.

Kamala Harris has announced plans to more than double the federal minimum wage if she wins the presidency. The Democratic candidate has backed raising the current minimum wage from $7.25 an hour to at least $15. It has remained frozen for the last 15 years: the longest stretch without an increase since standard pay was introduced …

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Federal Government Whistleblower Exposes $347 Million Contract for Transporting Unaccompanied Minors (VIDEO)

Clarissa Rippee, a Contract Specialist working in the General Services Administration (GSA) blew the whistle and exposed a $347 million contract for transporting unaccompanied minors. “My line in the sand moment was when I found out that GSA had awarded a contract to a company to transport unaccompanied minors,” shared current General Services Administration (GSA) …

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$36 Tons Of Debt! Federal Gov’t Ends 2024 With $1.8 Trillion Deficit As National Debt Nears $36 Trillion (Family Of Five Citizens Has A Liability Of $3.25 Million For Unfunded Liabilities)

by confoundedinterest17 Tennessee Ernie Ford sang it best. $36 tons of debt. Another day older and deeper in debt. Notice virually no political candidate will acknowledge or discuss. The federal government spent $1.8 trillion more than it collected in tax revenue in fiscal year 2024, according to figures released Friday by U.S. Treasury Department.  Congress has run …

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Election spending to reach $16 billion; U.S. federal deficit is $1.8 trillion for this year.

This year’s spending to elect a president and members of Congress will hit at least $15.9 billion – putting 2024 on track to become the nation’s most expensive federal election, according to a new analysis from OpenSecrets, a nonpartisan organization that tracks money in politics. Helping to drive up the price tag: blistering spending by …

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If you think this all ends with a balanced budget, decreasing federal debt, and low inflation, you are not paying attention.

If you think this all ends with a balanced budget, decreasing federal debt, and low inflation, you are not paying attention. pic.twitter.com/SYjXkw1i9G — James Lavish (@jameslavish) October 3, 2024 US banks made a $1 trillion from Federal Reserve’s 2.5 year era of high interest rates, an analysis of official data by the Financial Times has …

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