Monday, April 20, 2020
Stimulus Pains
If you thought the Corona was bad wait until we see the effects of all the free cash flowing out of DC. Does anyone think it odd that our Congress who is tasked with levy of taxes depends on the Treasury to pay these expenditures. Congress depends on the Eternal Revenue Service to collect taxes from guess who. Then why would the IRS be tasked with paying out stimulus bucks? Several months from now and certainly after election day we will feel the pressure in our backside as the stimulus knife is slowly removed. The rule of supply and demand will take place and inflation is on the way. If you read our US Constitution you will find that nowhere does it say Congress has the power to gift, credit, grant money or deduction in article ONE. Due to some fancy foot work by George Washington and Alexander Hamilton this wooden nickle comes The Supreme Court. Along with trillions in debt accrued in paper money accounting. Corona is not good for the lungs but free money from folks who have none is a pain much lower in the behind.. The National Debt is at 23.3 trillion today. Take us to WARP 24 Scotty we need more power.... Burma Shave Tom
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