This One Thing Shows How Deeply Washington Is Broken

I don't want government to fix anything. I prefer that it just go back to doing what the constitution says it should do.

 

We cannot tax our way out of debt.
We cannot tax our way out of debt.
USCIS is now 97% funded by fees. No reason why bonding can't work the same way.
The bail bond industry already exists.

 

All evidence to the contrary.



In fact most of our debt is owed to us. Most of that debt was CREATED (out of thin air) as new money in the economy. Without debt there would be no growth and a the economy would stagnate.

 

You mean the Constitution that was written in 1789? The one where they had no clue about mass communication? Jet travel? A country that was not agrarian based? A country where we posses thousands of weapons where a single one can wipe out a city? A country with a standing Army?

How cute. Next time you go to the Doctor tell him you only want him to use solutions that were available in 1789

 

"Without debt there would be no growth and a the economy would stagnate."​

Without debt there would be more growth and no economic stagnation.
It is stupid to think that the economy suffers if government isn't in debt.

 

In a Central Bank world of "Reserve Banking" it would.

 

This?
This then is justification for
$35 TRILLION in debt?

 

No, it just the way Central Banking works.

 

When was the last time it did that?

 

Today, many times and ways.

 

Really?
Enlighten us, won't you?

 

Never. But you knew that and asked for some unknown reason.

 

Obviously you don't understand the founders or the constitution. They wanted a union of states with a limited federal government to serve the states for a handful of purposes that are still important today and which it handles terribly. All the issues about mass communication, jet travel etc. belong in the states as the founders intended. They were smarter than you think.

 

No. Without government debt and money supply expansion, the value of the dollar would increase as the economy grows. Government has convinced you of nonsense.

 

Government hasn't convinced me of any "nonsense". I'm just telling it like it is. Money is created (from nothing) as debt and at interest by the Federal Reserve. If all debt was paid of it would drastically contract money in circulation to the detriment of the economy. IF you don't like that then it's time to get rid of the FED; good luck.

 

Same to you. Money is created by expansion of the money supply whether it is to cover government debt or government spending directly. It isn't a good thing. The only thing a reduction in the money supply does is increase the value of those dollars. Whether we have more dollars at a lower value or fewer dollars at a greater value doesn't really affect money availability. It only affects its value.

There is less demand for more valuable dollars and more demand for less valuable dollars. The former benefits debtors like federal government and the latter benefits everything else. Getting rid of the FED wouldn't really change anything other than the benefits it provides the private banking system. The government would be able to expand the money supply all by itself. Think it through. It is all just a matter of supply and demand. Economists will twist theses simple notions usually to support an agenda. Those who favor more federal government support government debt and money supply expansion. It is essential to government growth because people wouldn't support added taxation or the devaluation of the dollar if they understood what is going on.

 

I agree people don't understand what's going on. But, without realizing it, you're agreeing that money is fluid and how much or little there is of it doesn't change value. When people complain that things are expensive I retort that "they" aren't, it's money that isn't worth as much. But as long as we have a Federal Reserve (that is no more Federal than FED X) running our money system instead of Congress doing it's Constitutionally mandated job ... WE WILL have debt.

 

Not all of them do immigration services. There are 208 recognized countries in the world. We don't have an embassy in places like NK, Etriea, or Cuba, among others. Of the 273 embassies, some 67 do not do any immigration services whatsoever. In places like China, one consulate, the consulate in Guangzhou, handles ALL visa requirements there whether initiated online or through USCIS by a US person or employer. YOu might want to read this to further educate yourself.

 

That is not how money supply is created and for that purpose. The expansion of the MS is through fractional banking. All those loans out there from secured to unsecured create the expansion of the money supply, which in turn expands the economy, which in turn, creates more tax revenue. theoretically, we can have a government with NO expenditures whatsoever, and we could still expand the money supply, must not as much as with government expenditures can. Government may play a role, but it is not the purpose of the creation of the money supply. The FED, independent of the legislative and executive branches raises or lowers the federal reserve rate for the amount of liquidity in the financial markets. If the financial markets are out of balance, which causes inflation, then the FED should restrict the liquidity, ie less people get loans, to lower the inflation rate.

 

You think your little vote changes anything? Value is weighed by the individual not you.

 

But you see, we don't need embassies, or to be specific, USCIS offices in every country. We do have offices in South Korea, and if a North Korean manages to leave the country (not likely, but they have to do that first) then they can make their way to S. Korea, China, Japan and so forth. At present, that North Korean would not only have to leave North Korea, but travel to the US and have no idea the chances of them being accepted for either immigration or asylum.

Cubans have been making their way here for how long? And how hard would it be for them to travel to any of the Americas countries or for that matter Carribean countries where we have offices? Ditto Etriea and all the other countries without an American government presence.

The idea that we couldn't establish USCIS offices quickly and relatively simply in any or all of our embassies or whatever around the world is a false objection.

We could put USCIS people in 273 embassies, or 223 USCIS offices around the world in short order. And as soon as we do that, our borders get so much more secure, because the only people having a reason to try and sneak into the country are smugglers, traffickers, and terrorists. And I'm sure the border patrol is very well situated to handle those issues if they aren't baby sitting ILLEGAL MIGRANTS.

 

I think I described it well enough. The banks can't create money. Only government can do that. The "fractional banking" you mention is an accounting anomaly that creates money temporarily. That anomaly is reversed shortly by another accounting entry when the transaction is complete. The completion is repayment of the loan. Actual money creation is permanent as long as government refuses deflation of the currency. As long as government is a debtor it will never deflate the money supply.

Economics is the craziest of all the social sciences. The reason is that there are very few things on which all or even most economists agree. Almost everything is opinion and every opinion has an opposing one. I've encountered the "fractional banking" argument and I recommend you ignore it as I have. Government creates all the currency. Businesses that retrieve natural resources such as oil or metals or seafood create wealth but not currency. They have to sell what they retrieve to make that wealth real. Banks create nothing. They borrow and lend money and invest.

Another thing that I ignore the concept of "inflation rate." It isn't really a measure of inflation. It is a measure of price changes. Prices aren't caused by inflation of the money supply. They change based on supply and demand. They are temporary unlike the money supply expansion. What people are experiencing at the moment is actual inflation and it happens constantly because of government needing to create money to cover its checks. The prices seem high because people have to spend more money than before for everything they buy. The reason is that their currency is less valuable and that happened because of expansion of the money supply by government. So the prices which follow supply and demand always increase over the long haul because the money loses value. The dollar has lost more than 95% of its value over my lifetime. All of that is thanks to government spending money it doesn't have and therefore creates. Hope this helps you better understand what is going on.

 

No, I agree with what you said. Prices rise and fall with supply and demand. The long term rise in prices results from the money losing value as government expands the money supply.

I remember when a hamburger at McDonalds was 15 cents and a gallon of gasoline was 25 cents. My first car was a brand new 1964 Volkswagen beetle which cost $1600 at the dealership. Neither hamburgers nor gasoline nor cars have more intrinsic value today. The difference between those prices and today's prices all result from government expanding the money supply.

The actual job of the FED is to loan money to banks. It doesn't expand the money supply because money has disappeared. Actually Congress does the expansion by spending money it doesn't have. The money supply has to expand to prevent the checks from bouncing. Congress has a very negative impact on the economy. Sorry to say they are the bad guys.

 

USCIS is for the US only. And this is what you don't get about immigration or how the proces works. USCIS and the State Department work together. Sometimes it can be initialted at the State Dempartment for most nonimmigrant visas such as the Visitor Visa or the Student Visa. And if a visa requires a US person or employer to sponsor them, even for nonimmigrant visas, then it is handled generally by USCIS first, then shipped to the NVC, and then shipped to the embassy and consulate to complete the process, medical exam, and interview before the visa is issued. But even at these embassies, in some countries, they are watched like a hawk taking notes on who goes into that embassy or counsulate. And that is why, or part of the reason why your proposal for asylum will not work realistically speaking.

Embassied do three things:
1. They house the representative of our country, nominated by the President and confirmed by the Senate, to that country. It is how we communicate, politically speaking
2. The embassy or consulate assist USC with certain issues such as lost passports or obtaining an official translation of a power of attorney in that country's native language, or other services.
3. It makes sure that treaties are being followed even if a USC is arrested in the foreign country.

That's pretty much it. USCIS is an official government agency, which means it will need to be protected and on "US soil." Otherwise, that office, and its employees are subject to the whims of the government for any political reason and there will not be much we can do about it.

In addition, the GOP congress does not want to increase the number of government employees, whether it is USCIS/DHS or any other agency, other than the DoD. So that is not likely to happen either.

 

The government does not create money. It can print money, a different function, that we use, but it does not create money. Banks do that through fractional banking. That is where the real money increases come from.

Economics is both science and theory, but it is a good subject to know and understand. For most, they get the bare minimum theories explained to them on how the economy works. But that's it.

Finally, the CPI index measures inflation. The inflation rate is simply the difference of prices from one period to the next in a percentage form. It has been used for thousands of years, modified and adjusted in that time frame. Economics and Accounting are one of the oldest financial professions in the world, ever since we started building communities and cities.