Yeassss!!!! Thanks for keeping us informed David! I never miss a hearing. Love every minute. I always wish you had more time. (And an audience) Happy new year!!! 🎊 🔥 💵
I love you man. Thanks for all you do!!!! I wish i could do something more but all i can do is pay my taxes and i dont want to do that anymore because of what they spend my money on. Nobody is paying my interest on my bills. I will continue to spread your word. Thanks again
Reality. Its refreshing for some and scary for others. At least here is a individual who is trying and that is something many Congressmen and women should get behind.
4000 department of education employees at $2.7 billion total is $675,000 per employee. That’s completely insane. If we’re just looking to throw money away heck throw some my way lol. Great stuff as always Congressman.
Hi Dave. I SO MUCH respect you for being honest with all of this! I have a question... With all these figures you share (which should WAKE GOVERNMENT UP), it's HOW you share this information that is still not getting to them. So, my question is: "How do these figures (math) affect those governing people TODAY, when they personally see no hardships (examples in their personal lives) today !? Again, many people still go on with their lives and such, as if these figures really don't affect them personally. It seems the light bulb hasn't turned on in their brains about this. So, if those in congress have no real, personal pocket issues, then how or what else will wake them up so that that they HAVE to act.., civil unrest or worse? Thank you.
I hope Dave gets some sociologists and philosophers on the team. The facts can shock people temporarily, but we have to speak to incentives that drive their motivations. His colleagues need something that serves their interests in the way they understand. They don't care enough about morality or thinking long term. I need figure out how to get citizens to share a part of their dailylife with pressuring his colleagues effectively, because one thing they value and respond to is power
Good evening Rep Schweikert's staff. I don't think your boss is a jerk. You should put the date of the speech on the video or in the description so we know when it was given. I don't trust the upload date as a reliable indication of when it was given. Thank you. PS: I'm not a Russian troll.
You can effect the interest, if you cut the deficit then bond yields fall and the government can refinance at a lower rate which further lowers the deficit
Interest rates are determined by the federal funds rate; set by the BOG. Your comment doesn't particularly make sense. Cutting the deficit has nothing to do with bond yields. Bond values are determined by face value, interest rates, and investor sentiment on economic health; hence the volume of buying/sellers before maturation. It's quite similar to stock options in a way. Cutting interest rates would only drive debt up faster than GDP; as it has for 40 years. Lower rates don't lower the totality of the deficit; only public interest debt. Which wouldn't really do much in this environment.
Once the bond market melts up and the US enters hyperinflation, at least you can say you tried. The American public is too dumb / weak to take the necessary action. We have all been asleep at the wheel for to long. Our founding father would be disgusted in what we have done. :,(
Oh..and speaking of spending...huh i wonder where the 100% FEMA funding is going to come from to subsidize CA and wait...the folks in NC and FL supposedly only got $700...what a damn mess...God help us in either 2 or 4 years when things change and God forbid go back to the same ol same ol.
If you watched the video, baby boomers are bankrupting the country. 124 trillion dollar deficit from social security and medicare over the next 30 years while the rest of thne government runs a 9 trillion dollar surplus.
I don’t think we make it 9 more budget years Senator Schweikert. I know you are pathologically optimistic, but I don’t think your math can show exactly how much each of us will suffer.
You should explain to the people how the treasury has to borrow money into existance from the primary dealers to fund the budget. Hopefully that will show that the biggest abusers of our fractional reserve banking system is the government. I think youll find a suprising relationship between government debt and house hold debt. Which one do you think came first.
I don't live in your state but I really appreciate everything you do.
Same here
Ohio here; love Senator Schweikert.
Yeassss!!!! Thanks for keeping us informed David! I never miss a hearing. Love every minute. I always wish you had more time. (And an audience) Happy new year!!! 🎊 🔥 💵
I love you man. Thanks for all you do!!!! I wish i could do something more but all i can do is pay my taxes and i dont want to do that anymore because of what they spend my money on. Nobody is paying my interest on my bills. I will continue to spread your word. Thanks again
Reality. Its refreshing for some and scary for others. At least here is a individual who is trying and that is something many Congressmen and women should get behind.
He's narrating a slow-moving train wreck.
4000 department of education employees at $2.7 billion total is $675,000 per employee. That’s completely insane. If we’re just looking to throw money away heck throw some my way lol. Great stuff as always Congressman.
Thank you congressman
This is the guy in the film no one takes seriously until it's too late.
It's harder because Congress gets money from investing with the same companies that have their lobbyists outside the door.
As bad as that is, the problem is that boomers have stolen more than they paid into social security and medicare by alot.
Thanks for all you do.
Hi Dave. I SO MUCH respect you for being honest with all of this! I have a question... With all these figures you share (which should WAKE GOVERNMENT UP), it's HOW you share this information that is still not getting to them. So, my question is: "How do these figures (math) affect those governing people TODAY, when they personally see no hardships (examples in their personal lives) today !? Again, many people still go on with their lives and such, as if these figures really don't affect them personally. It seems the light bulb hasn't turned on in their brains about this. So, if those in congress have no real, personal pocket issues, then how or what else will wake them up so that that they HAVE to act.., civil unrest or worse? Thank you.
2:24 He said the thing!
Thank you for trying. I share each one of your videos.
running up the numbers is the whole point.
This process will only change if our government changes, which it won't so obviously what he is warning about is inevitable.
Have you ever seen Matrix, Speed and Devils Advocate? I like to think its like that. Thank you for all your work!!!!
I hope Dave gets some sociologists and philosophers on the team. The facts can shock people temporarily, but we have to speak to incentives that drive their motivations. His colleagues need something that serves their interests in the way they understand. They don't care enough about morality or thinking long term.
I need figure out how to get citizens to share a part of their dailylife with pressuring his colleagues effectively, because one thing they value and respond to is power
Good evening Rep Schweikert's staff. I don't think your boss is a jerk. You should put the date of the speech on the video or in the description so we know when it was given. I don't trust the upload date as a reliable indication of when it was given. Thank you.
PS: I'm not a Russian troll.
You can effect the interest, if you cut the deficit then bond yields fall and the government can refinance at a lower rate which further lowers the deficit
Interest rates are determined by the federal funds rate; set by the BOG. Your comment doesn't particularly make sense.
Cutting the deficit has nothing to do with bond yields. Bond values are determined by face value, interest rates, and investor sentiment on economic health; hence the volume of buying/sellers before maturation. It's quite similar to stock options in a way.
Cutting interest rates would only drive debt up faster than GDP; as it has for 40 years.
Lower rates don't lower the totality of the deficit; only public interest debt. Which wouldn't really do much in this environment.
I hope he is Genuine
You get the government you deserve.
I LOVE YOU
He's like the Jack LaLanne of economics!
Once the bond market melts up and the US enters hyperinflation, at least you can say you tried. The American public is too dumb / weak to take the necessary action. We have all been asleep at the wheel for to long. Our founding father would be disgusted in what we have done. :,(
Don't hawktuah on my 3rd leg an tell me its rain
It's high time to back the dollar with commodities, including gold.
What is that you hire more government employees while funding them with new bonds the employee whont be happy when the bonds whont fund their pension.
These vids always scare the crap out of me
Watch at 24:40
She pulls her cell phone out again and think nobody notices.🤣😭 Zombie generation
You thread a needle. You don't weave it.
Oh..and speaking of spending...huh i wonder where the 100% FEMA funding is going to come from to subsidize CA and wait...the folks in NC and FL supposedly only got $700...what a damn mess...God help us in either 2 or 4 years when things change and God forbid go back to the same ol same ol.
If you watched the video, baby boomers are bankrupting the country. 124 trillion dollar deficit from social security and medicare over the next 30 years while the rest of thne government runs a 9 trillion dollar surplus.
I don’t think we make it 9 more budget years Senator Schweikert. I know you are pathologically optimistic, but I don’t think your math can show exactly how much each of us will suffer.
You should explain to the people how the treasury has to borrow money into existance from the primary dealers to fund the budget. Hopefully that will show that the biggest abusers of our fractional reserve banking system is the government. I think youll find a suprising relationship between government debt and house hold debt. Which one do you think came first.
The woman in the background is such a perfect representation of how much Americans care.Playing with her hair and addicted to her cell phone. 😂
males me glad I don;t have kids...
If your speaking about the debt death cycle your anove 90% 106 after last rond if im correct. Pass bill interat stops after 100% gdp only hope