LOOMING DEFAULT: REFRAMING THE LANGUAGE OF DEBT THREATENS GLOBAL CATASTROPHE
BY DAN VALENTI
PLANET VALENTI NEWS AND COMMENTARY
(FORTRESS OF SOLITUDE, THE WEEKEND EDITION MAY 26-8, 2023) — This Memorial Day Weekend, we mourn the loss of sanity in government. THE PLANET will play three-dimensional chess with out grieving at both top (federal) and bottom (municipal).
At the top, politicians from both parties have allowed partisan knife-jabbing to jeopardize the savings accounts and Social Security of The Kapanskis, to say nothing of the strong chance of sinking the global economy. We speak, of course, of the looming possibly that Uncle Sam will default on its borrowing obligations.
Republicans and Democrats share equal blame. Both parties have for years spent recklessly by printing worthless money and issuing bonds, mostly to China. In short, America’s $31.4 trillion debt ceiling will either have to be raised ($34 trillion) OR, having run out of money, we fail to meet our obligations.
Imagein. The USA, Bad Credit Risk.
If that happens, as Curt Gowdy used to say after Williams or Jensen hit one out, “Goodbye Dolly Grey.” A President unable to climb a set of stairs without stumbling and often not knowing where he is does not inspire confidence. He’s ruined a functioning economy, allowed inflation to gobble up the purchasing power of “average” Americans, and refusing to acknowledge reality by not agreeing to spending cuts.
At present, the country is running on fumes, using reserves to keep the lights on literally day-to-day. When does the tank go dry? As early as June 1 and as late as June 15. What are the consequences?
- Stocks would plummet with massive sell-offs (a good buying opportunity for those with cash)
- More seriously, America would not pay what it owes on bonds. Market analysts agree the result for the global economy would be “cataclysmic.” How do you think foreign note holders will react when America doesn’t send its legally obligated dividends. Think it will give them leverage?
- Social Security payments would be drastically reduced or cut.
- Medicare payments to hospitals and doctors would cease. Same with Medicaid.
- Bank runs.
- Soaring interest.
- Mortgage capital would dry up.
- Home values would fall off the cliff.
In short, the value of everything would drop.
World Depression.
THE PLANET predicts the two sides will reach a last-minute agreement. We still believe that. If anything is too big to fail, it has to be the credit rating of America. It may not be big enough, though, to stroke the egos of the negotiators, who think that reframing the nature of “debt” will somehow make the problem go away. Playing chicken is for maniacs.
A U.S. default would finish off Biden, for sure. Silver lining.
For that reason alone, Democrats CAN’T let a default happen. It’s shaky, though, to realize that stupid politics and not calm and reason are driving negotiations between the White House and Congress.
Whatever happens, the United States of Amnesia will emerge more compromised than ever, mocked at home by We The People and jeered globally by both friends and enemies.
We are the world. And we are thinking the unthinkable.
Have a great Memorial Day Weekend, everybody.
——————————————————————
“The ideas of debtor and creditor as to what constitutes a good time never coincide” — P. G. Wodehouse.
“OPEN THE WINDOW, AUNT MILLIE.”
LOVE TO ALL.
Copyright (c) 2023 By Dan Valenti, PLANET VALENTI and EUROPOLIS MANAGEMENT. All rights reserved. The views and opinions expressed in the comment section or in the text other than those of PLANET VALENTI are not necessarily endorsed by the operators of this website. PLANET VALENTI assumes no responsibility for such views and opinions, and it reserves the right to remove or edit any comment, including but not limited to those that violate the website’s Rules of Conduct and its editorial policies. Those who leave comments own all the responsibilities that are or can be attached to those comments, be they rhetorical, semantic, or legal. Such commentators remain solely responsible for what they post and shall be and remain solely accountable for their words. PLANET VALENTI shall not be held responsible for the consequences that may result from any posted comment or outside opinion or commentary as provided in, but not limited to, Section 230 of the Communications Decency Act and this website’s terms of service. We serve as a marketplace of ideas, without prejudice and available to all. All users of this site — including readers, commentators, contributors, or anyone else — hereby agree to these conditions by virtue of this notice and their use of/participation in this site. When PLANET VALENTI ends with the words “The Usual Disclaimer,” that phrase shall be understood to refer to the full text of this disclaimer.
Go play and enjoy weekend
One other thing Dan. 401k would go in the shitter.
They have 401k by the balls.
People have already lost huge amounts of money from their 401Ks, courtesy of Joe Biden’s policies. Some people have been totally wiped out.
A 6K is as far as I can run
And guarantee it will be voted in
I read a news article:
Should the Proposition 2½ tax limit get the ax? (boston.com)
In Massachusetts, home values are decreasing, and commercial real estate is sinking. State revenues are now in the red during the Spring 2023. State and local revenue has to come from somewhere, as a predicted economic recession looms later this year 2023 and into next year 2024.
Mayor Linda Tyer’s proposed fiscal year 2024 municipal budget of over $205.6 million that starts in a little over one month from now on July 1st, 2023, flies in the face of all financial reality, but Pittsfield politics has long lived in the Twilight Zone.
The U.S. government’s debt limit federal law started over 100 years ago during WW1. There have been many negotiations on federal spending and borrowing on the debt ceiling votes over the years. 23 previous votes included negotiated compromises on raising the debt ceiling. The current impasse is not new, but the stakes have never been higher.
Joe Biden’s federal spending has been excessive with somewhere around $10 trillion dollars printed out of thin air since January 20th, 2021. Both political parties are deficit spenders. The federal government plays a lot of financial shell games that moves large amounts of money (mostly large numbers on computer screens) around and around without paying its bills in full.
To be clear, the national debt and other federal liabilities will never be paid off. Politicians have been and still are making financial promises that our children, grandchildren…. will be paying for long after we become memories.
Jonathan A. Melle
Beware of bicyclists and motorcycles other cars.
Absolutely! Not everyone is using the same set of road rules. Some are using those from Venzuela, Peru, or Pakistan. And many Americans just don’t give a shit about rules at all anymore.
Many brake for hallucinations
Especially motorcycles.
Funny how no one hears a peep from the Massachusett’s sitting Congressional delegation. They should be out front telling these negotiators to find a compromise or everyone should stay in Washington until an agreement has been made!! Nobody in government should be home for the holiday weekend, if they are I and a Kapanski sees one I hope they give them a Bronx cheer and tell them to get this thing settled. If you are able to have a lengthy conversation tell them to get their head out of their arse and start following a better economic agenda to get the economy back to where it was just 2 years ago!
Call the crooks, er Reps in mASS, up to support Rep. Greene’s articles of impeachment for Mr Biden and cohorts.
They have looted the US Treasury to launder the booty with his friend Zelensky in Ukraine.
That is BILLIONS!!! Some is going to pay pensions, in Ukraine. None for SS or Medicare in, what used to be, the good ole USA.
Trapper, you are confabulating — that is, making things up that you don’t know to be true. Pat also does this a lot. The two of you should get together. Oh, the stories you could spin! And she could also help you with your spelling and grammar.
So post what you think is true
Ok, I think Biden did not use aid to Ukraine to loot the US Treasury with Zelensky.
Why make it up if I have no proof it’s true? That is Pat and Trap’s stock-in-trade.
There has been no accountability, for any of the Billions or weapons, transfered to Urkraine, none.
Some money did make it back to the Democrats (laundered), that’s been proven. Sam Bankman-Fried and FTX were the intermediary.
When this came out, and there was a call for accountability, the leftists had a hissy fit. Traitor Joe kept/keeps dumping more dollars into that black hole in Eastern Europe. This is still an ongoing fleecing of America.
Some of the weapons provided Ukraine, have shown up on the black market all over the world.
Not sure who is the bigger crook? Biden or Zelensky.
Your mesiah Donald Trump was impeached twice and accused of sexual misconduct two dozen times and election fraud a few times etc etc etc. You really should give him equal time because when either Biden or Zelensy stand next to him he looks like a sick little mouse.
By the way, speaking of Zelensky, did Donald Trump or any of his sons or extended family EVER serve in the military?
p.s. (insurrections to overthrow your own democratic government do not count)
Have you read the Durham report Fizze?
Both impeachments were based on a collusion hoax concocted by the H-Beast Clinton and the DNC 2016.
Biden, Soetero, THE FIB, and DOJ, were complicit with The Beast, in the sedition to tamper with elections and frame a sitting President.
They all belong in prison.
THE FIB needs to be purged of partisan upper adminisTRAITORS. Some of which also need to face charges.
The Biden crime syndicate is well documented in Hunter’s laptop from hell. Traitor Joe is hiding more documentation of this. Judical Watch has filed a FOIA to get records of:
“Records and/or communications from former Vice President Joseph R. Biden regarding:
Any communication with Robert Hunter Biden, James Brian Biden, Francis William “Frank” Biden or Sara Jones Biden between January 20, 2009, and January 20, 2017, regarding:
Any communication with Robert Hunter Bid en, James Brian Biden, Francis William “Frank” Biden or Sara Jones Biden between January 20, 2009, and January 20, 2017, regarding the following individuals or companies:
Any communication, between January 20, 2009, and January 20, 2017, between or among former Vice President Joseph R. Biden and the individuals or entities set forth in Items 2(a)-(ee) above.All records and documents including paper or electronic calendars such as (Outlook or Gmail) regarding former Vice President Joseph R. Biden and the individuals or entities set forth in Items 2(a)-(ee) above.We explained to the court that in a March letter the National Archives acknowledged receiving the FOIA request, assigned it a case number and claimed it had identified “approximately 1,567 emails, 2,501 electronic files, and 445 pages of potentially responsive records that must be processed in order to respond to your request.”
Sorry to burst your leftist bubble.
All those listed names in a lawsuit does not constitute proof.
Democrat zombie
Don’t confuse Fizzy. He gets his info from MSLSD and the View.
https://www.youtube.com/watch?v=UAJ_WwyoO-4
May 17, 2023
Judicial Watch President @TomFitton appeared on “Varney & Co” on @FoxBusiness to discuss Special Counsel Durham’s report on the Trump-Russia probe, the latest on Biden family corruption allegations, and more!
Democrats and rinos love their swamp. Try draining it and all sorts of lies are made up and backed by all sorts of deep state bureaucrats. Low information voters buy it hook line and sinker.
“The CEO of FTX has admitted that his now-bankrupt cryptocurrency company was laundering money for the Ukraine government.As Slay News reported over the weekend, FTX was caught laundering tens of billions of dollars through Ukraine and funneling funds back to Democrats in the United States.
FTX founder and CEO Sam Bankman-Fried was reportedly the Democrats’ second largest donor during the midterm elections cycle this year, only coming behind George Soros.”
https://libertynewsnetwork.com/bombshell-ceo-admits-laundering-money-for-ukraine-government/
No accountability in Ukraine
Hunter got paid by Barisma for influencing dementia joe when he was VP…. Big guy Joe got 10%
So let me get this straight: there is no accountability for the funds given to Ukraine, therefore, Biden and Zalensky have stolen those funds.
Not a difficult argument to make!
Sam Bankerman-Fried/FTX
Enough said.
Problem is no one knows where the money goes
Let’s see … Hunter got paid as a consultant to Burisma, therefore, Joe Biden got 10% of that fee.
A very easy argument to make!
The Biden crime family has grown rich
And people in the US suffer
It shouldn’t need to be pointed out that the Dems never refused to raise the debt ceiling.
Because they love to spend the Kapanski’s money!! and money they don’t have. They are like 9 year old at a county fair they want to keep spending and they are blinded by the lights, music and impulsive nature that is being pushed
Let it all fall apart, There’s no reason a ranch home should cost 300K anyway.
How long will it be before they are reevaluated and the taxes come down? Never.
I don’t care if there’s 5 readers and I am 3.
I lub this bloawg.
Keep it comin’
Really. 2003 called. They want their My Space back.
PHUNNY!!
Let us not forget to take a moment to remember our fallen and those who served and are serving this Memorial Day weekend. God bless them all.
^^^^
What he said.
Well said, OP. Many thanks.
Hey thanks from this VN vet.
Thank You for your service, glad you made it home.
That I did. Thanks.
I consider myself a rational man by Black’s & I’m wondering
3rd dwi – felony.
Is this a district court matter? And is is up to someone to decide, or is there a due process.
Just tell them ” no hablo Ingles”. They will let you go with your TFB driver’s license
And, in Mass., give you free tuition to a state college. And an EBT card. And subsidized housing or completely free housing. And …
And … you are jealous they didn’t give it to you.
Don’t forget about the Obama phone too Dan.
We wouldn’t want any of our tax money going to waste…..
Target will stand by its woke policies of hiding transgender transitioning from parents of even the very young elementary school children and all the surgeries and drug taking that involves. Target will continue to sell clothing for hiding body parts that the young find offensive furthering this push toward making more and more young people confused about their gender. The number of transgender youth is exploding and the goal of the far left seems to be to create androgynous people who can be male and female. It’s an evil plan to push this agenda on totally unsuspecting young people who don’t realize how they are being manipulated. People should push back against Target and any business that is promoting this insanity. I love our local Target and the people who work there, but as usual, it’s the far leftist activists who have infiltrated the company at the top who are creating these problems.
Get ‘em, Pat!
Have a Bud Light in your loafers you poof.
I stopped going to Target years ago, when they didn’t know what a Mens and Womens restrooms were.
Plus they require people to wear shoes and you probably don’t have any right?
Do you pee on the seat in the Womens room Fizze?
Scatman Trapper!
Don’t worry, I’ll never touch your litter box.
Maybe he had a cutawangoffame
“It” squats to pee?
So will you when you hit your 70s.
Long way to go. Sounds like he is still in the fourth grade.
Put your head back in the sand, you might hear the truth/facts and have a conniption fit.
boy, you’re just an exposed nerve ending
You are an irritable colon.
“boy, you’re just an exposed nerve ending”
“You are an irritable colon”
That’s a level conversation.
God made men and women to compliment each other, not to compete with each other.
OP
Yes. It’s simple, actually. If you’ve got one, you’re a man. If you “no got” one, you’re a woman. To identify as anything other is a real phenomenon, no doubt, but it can only mean one of two things: (a) You’re mentally ill in a clinical sense or (b) You’re faking it for some perceived personal gain. There’s no legit third possibility.
Congratulations, Dan, with this proclamation you single-handedly wreck the ego of thousands of children who identify with a gender they were not born with (by stating by fiat that they are clinically ill). Do you have, or have you met, such a child? I thought not. You are lucky your parents accepted you for who you are, and allowed you to be what you wanted to be.
God made Adam and Eve. Not Adam and Evan
Adam & Steve?
Hey, can you tell me why God made the human body so effing complicated?
The the foot really need 26 bones?
Could he not have streamlined the digestive process?
Why 32 teeth? Why not just 8 wider ones? And why do they only grow back once? Do it right and have them replace as needed through life.
I notice there is no warranty given on the body when you are born and I can see why.
Do better God. Update the design and make better quality parts please.
Al Gore didn’t invent the internet till much later so god had a lot of time on his hands
Was that before he invented Climate Change?
There is no God, so He didn’t make the body and he can’t do any better.
Perhaps a logic course is in order, SON. Look up the difference between a definitive statement and a contingent one.
God didn’t make shit.
We were all accepted for who we were in the 1970s even when, as young girls, we went through a tomboy phase and wanted nothing to do with wearing dresses. Fortunately nobody told us we needed to transition into being a male. That we needed surgery and medications. We were just accepted and everybody got on with it and eventually we rediscovered being female and life was beautiful. What is happening today is just too extreme. It’s not about acceptance. It’s about coercion. There are some people who are transgender, but not the numbers that the media and the far left wants us to believe. Real transgenders have always made up a very small percentage of the population until gender confusion was intentionally introduced into the school system and now more and more young people believe they are transgender.
It definitely does seem to have taken on a life of its own. I consider myself a person who believes in the live and let live theory. But I am having trouble processing what is going on today. I don’t think I have read anything that helps me understand it.
Perhaps in time but not right now.
I think if you met one or two families with children who feel unmistakably that they are members of the opposite sex that you would experience a flash of insight.
Talk to that member 5-10 years later and they will tell you they regret the decision, I do know from several experiences
They may well tell you summat different.
If you are transgender, you know it. A tomboy knows she is not transgender, just as you knew you were not.
No, I didn’t know what I was. I wasn’t even familiar with the word tomboy when I was being a tomboy. I certainly looked like I could be a boy or a girl in several pictures I have of myself during those years, but that’s part of the maturing process. Today, that would be enough to have people telling me I was trapped in the wrong body. This is the danger because you are young and can be easily led to believe you are something you’re not and have irreversible changes made to your body. Many young people who have gone through the surgeries and hormones are regretting it now.
You did fine.
I didn’t know you could get a psychology degree from the Dollar Store!
It is true.
https://youtu.be/te9kJsL6ZdQ
You are a pedophile groomer. That qualifies you to teach grade school in leftist states.
Yikes.
And look at all the thumbs-ups – 5 total
Do you believe it? That provides a profile, unfortunately, of the users of this site.
Peer pressure isn’t enough K?
A boy or a man wearing a dress, is still a boy or a man wearing a dress. It’s called cross-dressing. Nothing more, nothing less.
How about kids learning how to read and write, instead of playing make believe?
Report finds in 23 public schools in Baltimore NONE of the children understand basic math | Daily Mail Online
I’d say it should be up to the families of the children involved. I’m happy to say the children I know who feel this way have loving and understanding parents.
The Bud Light dude is, at the end of the day, a man in a dress and makeup, pretending or, worse, actually believing, which would make it a delusion.
I can’t decide who’s the bigger set of fools.
Those dressing up and playing make believe and trying to make me think I’m wrong for defying EVERYTHING I was ever taught and that l’m simply not buying into the bull spit they’re selling.
Or those who actually believe it and try to make me feel I’m wrong for not playing make believe along side of them.
Hate to disappoint you ‘guys,’ but I grew up a long time ago.
It’s called keeping your mind open, Markus.
Identifying as is the same as pretending to bee
Go Dan go.
Leave the kids alone. Just listen to them.
Yep they gotta do their STEM.
Kindergarten,
In times like this, we need to go back to humor. Primary truths.
https://www.youtube.com/watch?v=jlo7YZW8vPA
Maybe you’re right.
https://youtu.be/te9kJsL6ZdQ
Mr. Rogers was the best.
Don’t mutilate a child with surgery or pump them full of hormones. The left likes to tell us that the brain doesn’t fully develop until age 26. When people reach that age they can make their own choice. It’s bull shit to encourage a child that they were born in the wrong body. Science tells us women have XX chromosomes and men XY chromosomes. No amount of surgery can change XX or XY to the other.
The XX and XY determine the propensity for certain characteristics to manifest. But manifestation of those characteristics varies greatly.
Identify as is the same as pretending to be
No, there’s no pretense about it.
And what do you identify as, Herb?
If I identify as a black woman, but I like women, does that make me a black lesbian?
According to the faddish, present-day, woke gospel, TRAP, the answer is yes.
If that’s you and you so define it, yes.
No, no more than if I defined myself to be a teakettle that I could take on someone else’s identity. To be cute, you could say, “Ah, but some have said, “I am not a man, but a cathedral.” If that person is not insane, he must be saying that his body functions as a cathedral of the lord but is not a functioning cathedral replete with pews.
So we can rule out that argument by saying the concept of cathedrals as it applies to a body applies in a very strict sense. You are expanding the definition of cathedrals. It does not then allow one to broadly redefine identities.
By the way, there was a young woman,
Rachel Dolezal, who was a president within the NAACP. She was a Eurocaucasian WASP, but she fancied herself a direct descendent of Africans, inspite of her having two parents who had no African lineage and her not being adopted. No six degrees of separation for her. To fix that mistake, she died her skin, her hair, and adopted a African American persona and proceeded to misrepresent herself. In the end, the NAACP realized the fraud and dismissed her. In short, the logic just isn’t universal, and if it isn’t universal it is not logic.
Dolezal is a glaring exception. She was disingenuous.
“She was disingenuous.
Really, though. Disingenuous means insincere. Dolezal was completely sincere. The problem was not her ‘intention’ but her logic. She made an impossible claim.
The example of Dolezal is glaring, but the exception is strictly that she became a public name.
No, she did not believe she was African-American and readily admitted it.
Well, maybe it was disingenuous then.
Yes, I compliment women by saying “nice shot”, and they complement me by filling in what I am lacking.
Gender dysphoria is a term that describes a sense of unease that a person may have because of a mismatch between their biological sex and their gender identity.
Gender dysphoria is a form of mental illness. It is something that needs to be addressed not celebrated. It’s something that requires treatment, in most cases it can be rationalized away with counseling. In the rarest of cases it can’t be fixed and gender reassignment is required to mitigate a mental health crisis.
The problem facing today’s children is that there are too many mentally ill teachers and school administrators that want to add to their numbers. They don’t care about the children, they care about seeming normal by creating more like them. They are predators who prey on the weakest and offer them “solutions” that will only do them harm.
Well stated, QT.
Well stated, but unfortunately, not correct.
What part of this is incorrect, K?
I believe part of being gifted the $750,000 ARPA gift like K (and “company”) got, includes spouting off liberal talking points without stating or posting facts to back it up.
I went down the rabbit hole w/K about “white supremacy in the suburbs,” and just got more of his run around without a fact.
Best of luck Dan
They can’t give facts because they don’t have any to support their viewpoint. As you say, they just spout what they are told to say, but it’s all a lot of nothing.
Open your eyes, Pat and Markus. Fact trumps tribe.
Not hearing any facts.
Kind of like Fox news and Breibart watchers huh?
More like Rachel “I’m entertainment not real news” Maddow and the MSNBC/CNN/ABC/NBC/CBS lot. Try watching the news and question what is being said and what questions are/aren’t asked and you will see a slanted to the left presentation. Anyone who does not see this has to be to far brainwashed left to recognize what is going on. That is why I read and then try to research on the topic at hand. I only watch local news to see what is happening, has anyone noticed all the shootings in Albany and Troy?
That’s pretty good sleight of hand Markus, but unfortunately your memory is poor. Your revisionist version altered the facts.
I’ll play along, what facts were altered?
While we’re at it, try to explain to me why there are so many mass shootings in the black communities, EVERY weekend? Chicago for example.
Certainly not a trend in my community thank god.
I’m interested in getting a BBEC monetary gift to help “Vibe up North Street.” What are my chances K?
As I recall, Markus, you didn’t want to continue the discussion, because I had provided answers to all your questions. Remember?
No, I said I’d agree to disagree with you.
You were just tossing random cities out of your a$$ and “white supremacy in the suburbs.”
I’m not your fact gatherer. Post the links to prove your BS.
I was in the military and have friends in a few of those places you mentioned. Much like me, the only time we hear about garbage like this is from race baiters like you K.
If I’m wrong: links to “white supremacy in the suburbs.”
And not some article the Cultural Competency Coach “consulted” for either.
4th and long K. Are you going go for it? Or punt?
I’m sure I won’t see any links (facts) provided by you.
PUNT!!!
On a different note, your race grifting has taught you how to spin word salad to make it appear you’re stating facts, but without proof, you ain’t showed me $hit.
Is that “vibe enough” for that loan? You never answered me K.
The cities were documented, not random. You just don’t like getting beat.
The part that is incorrect is to say that gender dysphoria is a form of mental illness that can be rationalized away with counseling. The same used to be believed about homosexuality. It is also incorrect to say that there are many mentally ill teachers and school administrators that want to add to their numbers.
Calling it a form of mental illness is giving short shrift to the people who feel that way, and is an outmoded concept, like homosexuality. The APA now recognizes neither as mental illness.
Default would not finish off Biden for sure, it would ensure his re-election.
No default…The winner would be McCarthy.. Easily.
Not gonna happen.
Stop the steal
Selection
If we do not meet our obligations to those who lent us money, the cost of borrowing will skyrocket. This will mean either higher taxes, less spending or, most likely, more borrowing. Even if we do management to raise the debt limit, we are facing, ah, higher taxes, less spending and most likely more borrowing. Neither party wants to get spending in line with revenue although the Democrats are far worse than the Republicans in creating deficits. The key question is for how long can this continue? Nobody knows. We are not the ugliest partner at the world-wide dance for money and we might keeping dancing (i.e. borrowing) for some time. Then we might not. By not having any plan to cut the difference between spending and tax revenue, we could easily have the outcomes that the Planet lists. Furthermore, if it doesn’t happen soon we have saddled our children and grandchildren with a burden that will be difficult to bear.
You are right that we need to cut the difference between spending and tax revenue. But raising the debt ceiling must be done. And, to repeat, the Democrats have not refused to raise the debt ceiling.
CT
I was hoping you’d chime in on this. Thanks for your expert testimony.
Most of the government’s money and debt are only numbers on a computer screen. The government is playing financial shell games. Over the past 50 years, most of the income gains went to the top 1 percent of wealthy people and entities, while the middle-class has been systematically decimated by the financial, corporate and ruling elites. The real economic growth is in our nation’s huge underclass’ misery. Unless one is part of the elites, especially the top 1 percent, it won’t make any difference if the government continues to deficit spend for many more years to come.
To illustrate: Joe Biden says that he is proud of his son Hunter’s “bad boy behaviors”, Kamala Harris called Joe Biden a racist on national TV, but she serves as his loyal Vice President, Ed Markey blows a lot of “HOT AIR”, Elizabeth Warren does not live on or near Main Street, U.S.A., Richard Neal lives on K Street, Paul Mark is a big rubber stamp State Senator, Tricia Farley-Bouvier fights for illegal immigrants to have state driver’s licenses and for Happy Endings massage parlors, Smitty Pignatelli writes op-eds pointing out the losses in population and living wage jobs in Berkshire County while state and local taxes always increase, John Barrett III called the proposed homeless shelter in North Adams a threat to the community, Linda Tyer lives in a mansion in a Gated Community, the Pittsfield City Council is a forum of retribution, the Pittsfield School Committee symbolizes Level 5 public schools, and North Street has 15 empty storefronts.
What is my point? It is that there is NOBODY in government representing the common people who roll their eyes in disgust at their corrupt career politicians’ DISSERVICES.
“NOBODY in government representing the common people who roll their eyes in disgust at their corrupt career politicians’ DISSERVICES.”
Term limits. Rotate every term.
Sir Chaz for city council.
Listen to this, CHAZ.
Sell Rhode Island
Does Pittsfield have the same debt problem? Are our and our children saddled with ginormous debt if they stay in Pittsfield? And, if so, would an ethical money manager advise against living in Pittsfield? Uh, yah they would.
This is the time of year when many young men and woman graduate from high sochol and face challenges as to their future. Some will be able to somehow afford college. Some will seek employment. Some may join the military. And too many will begin their lifelong journey of living off the system.
So this is an important turning point in ones life. My own personal sage advise is that whatever you choose to do, and wherever you choose to do it, don’t do it in Pittsfield, Ma. Don’t start your future with two strikes against you.
And good luck in your new surroundings. You will not miss the dark shadows of Pittsfield. I promise.
So when there’s only enough tax money to cover the interest on the debt and mandatory spending and all unnecessary spending ends why exactly is that the worst thing to ever
occur in history?
Prof. Trzcinka means that it is bad because it lowers our credit rating making it more difficult and expensive to borrow $$.
Logical question, K. I have an open ended angle on it. Do ‘normal’ financial policy work in sociopathic hands?
Question is, does ‘default’ really make it more expensive to borrow? Wouldn’t the actual cost be the same over extended time?
Case 1: Raise the debt ceiling. Low interest results in expanded purchasing. Our promise to pay secures high bond rating. High debt, low cost per dollar. Pass the debt forward as it is too high to manage. Defaults would be waived by transferring property to international creditors. Foreclosure, in other words.
Case 2: Do not raise the Debt Ceiling. High interest results in reduced purchasing. Low debt at high cost per dollar. Reduced expansion of debt means it can be managed. No defaults, wealth remains American.
The impact of losing bond rating is that borrowing will fall in short term, but maybe not over the long term. We would experience recession, lose opportunity to trade. But, we would not lose our actual wealth in resources. In other words, we remain a rich nation. Maybe we choose between a recession today which managed properly by not bailing out banks and cities (political bailouts), or a huge collapse later which would yield foreign ownership over sovereign interests? Now would be a good time to review the history of Carthage. Some guy, I can’t find his essay, reminds us that the Carthaginians ruled the seas until a small upstart, Italians today, copied their ships and took over. Carthage vanished, but they still are good source of table salt. Sound familiar? America will always have resources to exploit, just won’t necessarily be ours. Ask the Carthaginians.
A strong credit rating, as sought by the original generation of American leaders was to gain the ability to exploit the wealth in our nation, industrialize, and and attract capital. They had a nation to build, and it began by copying British ships and banks.
I think that objective changed. The proper use of a high credit rating is to secure low interest loans for high performing necessary investments. We do not do that. How can we when Washington is so big now that half of the population State of Virginia are Federal Employees? That is a ton of spending on overhead just to manage overhead.
Easy to see under the microscope. The City of Pittsfield uses a arguably inflated bond rating to borrow irresponsibly. We borrow for schools we do not need, vehicles we don’t need or replace due to mistreatment, and we casually talk about doing so for baseball park extravaganzas that we do not need and police stations that will not actually reduce crime.
“None of this will transpire, of course. Our society is run by a technocratic-managerial class that never pays a price for failure. Democracy is a glossy finish over an unelected administrative state that isn’t really accountable to anyone and measures success or failure in terms of budgets, p.r. and power, not results.
” –Glenn Harlan Reynolds is a professor of law at the University of Tennessee
Ask prof Trcz.
Pittsfield Residents Can Be Rude During Public Comment, Laws Say – iberkshires / Friday May 26, 2023
“Members of the public are allowed to be rude during open microphone and even use hate speech,” “According to the SJC, a person can comment on anything they want regardless of the content.” Hate speech is free speech. You just know that sooner than later open mic is going to be deep sixed by the mayor and her sycophant city council.
Segregation Now, Segregation Tomorrow, Segregation Forever.
“I was out-niggered by John Patterson. And I’ll tell you here and now, I will never be out-niggered again.” “I tried to talk about good roads and good schools and all these things that have been part of my career, and nobody listened. And then I began talking about niggers, and they stomped the floors.” Attributed to George Wallace
“You start out in 1954 by saying, “Nigger, nigger, nigger.” By 1968 you can’t say “nigger”
Hate speech is any that’s spoken or written that a democrat doesn’t like.
Of course, you would define hate speech differently.
It’s accurate
Though I don’t know exactly how to define hate speech, I do know it is not just ‘whatever a democrat doesn’t like’. That would be dumb.
Unless you’re a democrat. Then you can say it.
People who allow words to hurt them will probably have a host of other problems in life. Consider the source, thank them for their warning about how they feel and move the hell on, a bit wiser about life and that person.
People are people. They have bias s and prejudices, some with a sound basis and others not so much. But to think, after four thousand years of war and just every day silly human confrontation, that we are going to somehow make all humans like and get along with each other is nuts and a gross waste of time. It is what we do. It is a part of our makeup. Deal with it.
No soup for you!
Excellent comment, especially your first sentence, SNARK.
It’s probably worth the effort and not a waste of time (although PV and its comments do give me pause…). Our civilization has advanced over the past 10K years and has done so by communication. Bean with bacon, PLEASE!
“Our civilization has advanced over the past 10K years and has done so by communication”
And every once in a while, the Man above gets irritated and knocks it all down. Sometimes it’s personal, sometimes its globalistic. Stick around here, K. We disagree on much, but you help raise the standards.
Well sated, Sir Chaz.
We have advanced technologically.
But we are killing each other at a record rates. Man, (created by God?) can be a very violent creature.
Primary Principle: Man is flawed. Often fatally flawed.
The glass is half empty.
Well, you are very kind.
Snark – words do hurt. Great advice in yours.
“Certainly it hurts….The trick is not minding that it hurts.”
https://www.youtube.com/watch?v=TvQViPBAvPk
Yikes. Thank God you are in the minority. (not on Planet Valenti, of course).
Strange stuff.
To say the least.
Your support of speech freedom doesn’t extend to the freedom not to carry a pregnancy to full term.
Did TSC help you with this post?
Wallace’s preoccupation with race was based on his belief that black Americans comprised a separate and inferior race. In a 1963 letter to a social studies teacher, Wallace stated they were inclined to criminality – especially “atrocious acts …such as rape, assault and murder” – because of a high incidence of venereal disease. Desegregation, he wrote, would lead to “intermarriage…and eventually our race will be deteriated (sic) to that of the mongrel complexity.”
I could just as easily expound on the perils of out of wedlock births, or the subsidized adoptions of foster children by dysfunctional lesbians, dykes, queers, bisexuals, transgender, intersexed, asexual, nonbinary, interracial same sex freaks.
George Wallace was a democrat. Democrats are still obsessed with race
You won’t hear any democrats talk like this.
Dementia Joe eulogized Senator KKK Byrd.
Hilary is known to throw the N word around
Democrats passed all the Jim Crow laws and opposed the civil rights acts in the 1960s (filibusters)
And, ladies and gentlemen, what more proof do you need that these are beliefs of people who post to this site.
It is true that I would not want to live near people who feel this way, and I would rather not hear these espoused beliefs, even though our country (and this website) gives them the right to espouse them.
K
Remember, it’s one person’s statement and not attributable to the “people who post to this site.” You are proof off that. THE PLANET agrees with the last sentence of your comment. Free speech is either “free” or it isn’t. Thanks for the message.
I’m sorry to inform you that you, and your name, are indelibly associated in the public’s mind to posts like Mr Ghost’s, despite your attempts to dissociate yourself with your disclaimers.
You are indelibly associated with pedophiles and groomers.
Now go to Target and buy some toys for the kids, and have some Bud Lite tranny fluid when you get home.
I guess at this point I would expect no better response from you. I remember responses like yours….in the 9th grade.
Too bad 9th is as far as You got.
How about Joe Xiden’s response to “you ain’t Black,” interview.
Is this “racist” or a “9th grade” level of response by the Supreme Leader of the democRATS?
How Biden’s ‘you ain’t black’ comment unfolded – YouTube
https://youtu.be/9a3eCHij4Vo
“It is true that I would not want to live near people who feel this way…”
I posted my land to keep people like you out.
You own no land and you have no children to leave it to.
Homes, plural, and acreage.
How is section 8 living?
Aren’t you also a professor of nuclear biology at Harvard MT?
Aren’t you an astronomer, who spent your whole life studying the rings around Uranus?
Well, no. But it sounds fascinating.
So why is your head up there?
Snark, a friend once told me how he got in a two car accident in the wilds of some African landscape. It happened upon a dirt road barely wide enough for 1 vehicle. It stretched on, like roads do in Montana, unbroken or interrupted for hundreds of miles. The event was 5.75 hours in the making and 100% predictable in time and location just by watching a satellite recording.
That planet has no rings. If you had attended PHS you’d know that.
He has qualifications in chemistry. Probably can teach it.
Right.
Trap is unqualified to teach. To get certified, you need to demonstrate basic language and logic competence.
If those were the demonstrables, there would be far fewer teachers, especially in the public schools of Amnesia.
So maybe Trap CAN teach!
Those are the deliverables, and our teachers demonstrate them. If you had spent more time at school and less time at bldg 27 you’d know that.
They were at once time not only deliverables (to employ your tired cliche) and actually delivered. Today’, yes, they are deliverables that the school department doesn’t deliver. It’s not even taking orders for them. You might say they are in effect out of the education business. As for buildings, I spent far more time in Bldg. 28, and wouldn’t have traded the experience for the world. If it’s the same building to which you refer. Is it?
This ghost person is a democrat agent provocateur
Thank GOD, you’re not my neighbor. I really couldn’t f#c*king stand it if you were. There’s already one especially egregious negro much too close for my comfort. You missed the point completely. Slavery was abolished in 1865. And yet those negro savages still can’t, or just won’t assimilate into civilized society. But you’re still getting all stompy over a 6-letter word. Sticks and stones, fuck you! Yes, the negro was treated badly after being sold into slavery, by its own kind. But in the last week, in the year of our Lord, 2023, while channel surfing, I can’t even begin to count the number of times I heard the nigger use the offending word “NIGGER” against one of its own in movies. The nigger is either offended by the word, or it’s not. Obviously, it’s not. Musical lyrics spewed by the nigger are laced with obscenities, especially the 6-letter word, NIGGER! The nigger doesn’t hate the word, it actually loves the word. So much so that it’s wants to own it, exclusively. When a civilized society should be more concerned with good roads, good schools, and lower taxes, instead, the BLACK LIES Negro is exploiting every opportunity to BURN. LOOT, and MURDER. Thus, throwing civilized society into chaos.
I am actually your next door neighbor, as you well know.
You can’t thank God for anything because your God doesn’t exist. You are a cowardly weakling who hides behind your fake religion to justify your massive failures and mistakes. You were the laughingstock of your junior high class, if you recall. Now, go away and hide behind your free speech, little man.
Your definitive statement “God doesn’t exist” is as illogical as the opposite insistence. To be taken seriously, such claims must be falsifiable, which they clearly are not. In other words, SON, you can’t prove your assertion. Neither can the other side. Thus we are left in the arena of faith and belief.
Falsifiability of claims is a theory, a highly overrated theory. Belief in God is a convenient place to hide when you are afraid and have nowhere else to go.
An ineffective dodge, SON. Your claim that “falsifiability of claims is a theory” isn’t even a theory. It’s a mere assertion. You don’t measure up on this one.
Sorry Dan, Popper came up with the theory that a claim needed to be falsifiable in order to test the validity of the claim. After that, science generally deemed his theory to be correct and has embraced it ever since. Or did you maybe think that it came as the word of God?
I know that Popper came up with the notion, SON, and I also know of Wittgenstein’s work. I would recommend an enjoyable book I recently finished, WITTGENSTEIN’S POKER, which details the (in)famous 10-minute showdown that took place on Oct. 25, 1946 at Cambridge between the two great rivals.
Rivals they were not. Wittgenstein was a philosopher of language and Popper was a philosopher of science.
Ah, SON. You need to read more and study the evidence longer. Wittgenstein argued that philosophy was useless, to the point where he rejected what he did as “philosophy.” He wasn’t a “philosopher” of language but a “perfector” of language. Witt saw all so-called philosophical issues as problems in phrasing, only “puzzles” that could best be addressed by language. Popper, on the other hand, was a the century’s greatest advocate for the need to address the large issues as philosophical one. He engaged in the “apologetics” of philosophy. I can make your job easier, though, by suggesting you bypass the respective literary output of the two men (much more ponderous for Popper and Wittgenstein if you discount Witt’s posthumous writings) and read the one book I recommended to you the last time, WITTGENSTEIN’s POKER. Consider yourself now properly school by your master and be grateful!
We presume, Ghost, that this is what you tell your children and grandchildren.
You could have, but happily, you didn’t. Do they still love the gov’na in Birmingham, boo boo?
I watched the Shugrue interview. Pretty good. I learned a little. I think he’ll be really good for the County.
Soncere Williams taking out papers for ward 2. Heaven help us.
When are the Latinos going to start running for public office in Pittsfield? They seem to be a large portion of our population even if the poorly done Pittsfield census does not indicate it. Perhaps they can shake that good old boy tree and knock some apples out of it.
She seems to be another Dina:(
The leader of the Republican party’s insurection was just sentenced to 18 years in prison.Next up on the agenda will be disgraced ex President Donald Trump and on this Memorial day the candidate conservatives relate to is aninsurectionist who does not believe in democracy unless he wins.They really need to remember why it’s a Memorial day.Republicans are an embarrassing political party of FOX messaging and the forgotten Rush Limbaugh.
Good old Rush Limbaugh. Putins main propaganda minister working for Moscow. Mentor to Tucker Carlson.
Created a pseudo religion of moron followers, largely, but not exclusively, from Appalachia.
Not just Appalachia, countrywide. His heir was Trump, advised by Bannon.
Dan and Trap are Trump 2.0.
What crime did that guy commit?
Non payment of income taxes,non payment of services,profiting off the Presidency by putting people in his DC hotel,stealing top secrets for the purpose of espionage,sexual assault,cash payments and hush money to a prostitute using your donations,conspiracy to overthrow an election result that had him being kicked to the curb
Throwing back the old Bub lights I see
Budlight broke your ego.
Marchetti is running on raising taxes to pay for Milltowns profits.Milltown should be embarrassed to ask Veterans on SS to support their business. SS pays on average 1700.Marchetti should be afraid of Kroll but only if Kroll pledges to stop spending and get rid of every new position created by Tyer for the last 8 years.There are 1500 high school kids in kids in 500,000 feet of buildings.Pittsfield high is 100 years old and has no parking or playing fields.There are now 4 Catholic churches in Pittsfield reflecting population.The school committee needs every student over at the new Taconic high building
Wow! I agree with you on this one! Krol might pledge away but it’s before the election. After the election is over is what counts. Both candidates are one in the same.
This is the assumption of that part of the electorate that (a) pays attention (about 40%) and (b) isn’t part of the core camp of the respective candidates (another % of that). This leaves us with approximately 11-12,000 potential voters in (a). Factor in (b) and you’re left with 7-8,000 votes. Those 7K will decide the election and, as of now, THE PLANET’s read of the situation, after talking with a gad of folks from both sides, is this: Krol is perceived as the better campaigner by far, with Marchetti perceived as the better candidate for the actual office of executive. There is almost unanimous belief that both will be the same after one of them wins, that is, more of The Suits and The Establishment. The key to victory, assuming that the electorate is perceptive enough to look past Krol’s campaign flash and not decide on that alone, is to convince the majority of the 7,000 that THEY will be different upon taking office. Krol will have the easier time with this. That leads to the unscientific guess that based on campaigning ability AND perception that he will do what he says on the campaign trail, Krol wins.
Great points. From some I’ve heard is that Pete seems robotic in his campaign along with an appearance of showing a lack of outward enthusiasm that Krol is showing.
Robotic as in like the way a puppet moves? Herky jerky like? Only moved by control of others? Pete IS and HAS BEEN, by choice, simply a cog in a machine. He was/is a pathetic city council president and if you fail at that you have zero credibility running for any higher office.
And he knows more than anyone else that he let his city down. Made fools of those who put their trust in him. But to then run for mayor, he is now giving them both middle fingers
I should also state that I’m not buying Krol’s rah, rah approach. In the end he will be not much different. He is just better at kissing babies and stealing their lollipop’s (Red October) than Pete.
Marchetti has raised every voters taxes 20% to 30% in two budgets.Marchetti loses because he has to run on that.If I was to put 100 bucks on who is the next mayor its Kroll for not being part of the CC irresponsible numbers crunch.Pittsfield is targeted to be at 30k plus in 10 years.These budgets will also have to watch the FED bring us from 3.5 employment to 5.5 to over 2024.
I arrived late to last budget hearing – I had to make an emergency extraction of family from Albany for a call that came in at 4pm. But, while I was out, Marchetti did do some buzzing though in my absence.
Prior meeting, I requested reductions to line items. I am focusing not on pens and toner cartridges, but the extravagant raises to management. Over two years, they are enjoying a combined 15% hike. 7.5% 2023, and 5% this year combined with a slap on the back attaboy worth 2.5%.
Upon my return from Albany, I proceeded to address 8% pay hikes to management. Marchetti informs me I must make them line by line. Didn’t you know, he suggested, that we are not allowed to make bottom line reductions? I was taken aback by his suggestion that I should have known his change of heart, but rules change fast on the Council. In fact, they change very fast when a councilor starts mucking things up by asking for reductions.
Anyone bring a calculator to a budget hearing? Nope. Not even the President. Check the tape – I asked.
Krol is reckless, a showoff and a very poor judge of character. Have you no sense of decency, sir?
And what the hell is he doing in the schools. He’s a nobody and certainly not a school employee?
That’s what democrats do
Where will Joe Biden be Monday? In the basement?
On Memorial Day 2017, President Trump spent his day at Arlington National Cemetery with Gold Star families. 5-year old Christian Jacob, who lost his father, ran up to him and asked if “he wanted to meet my Daddy?”, and showed him the headstone.
President Trump hugged him.
Trump also spent the whole Vietnam War dodging the draft. Five deferments? Must be a record. Anybody who can walk can go to a cemetery by the way. Perhaps you want to set the bar a little higher for your heroes.
Traitor Joe had more deferments, that’s a fact Jack!
Off topic….can car washes in Pittsfield get TIFFS?
Don’t know but their assets are liquid
His two sons served.
Hunter got kicked out + for drugs.
You forget what Trump said about people that serve and John McCain and all prisoners of war.Trump is a coward.
McCain was never good for Americans in the Senate.
He did serve, and I’m sorry he got shot down and was a POW.
Would you pay Linda Tyer a salary of $115,725 to run you firm?
Mayor’s Office | Fiscal Year 2024 (cleargov.com)
Would you pay Matt Kerwood a salary of $114,329 to manage your firm’s finances?
Finance & Administration | Fiscal Year 2024 (cleargov.com)
Do you support Pittsfield politics increasing its annual spending by a little less than $15.7 million?
Budget Overview | Fiscal Year 2024 (cleargov.com)
If your name is Candidate Banker, Candidate Unemployed, or Candidate Fringe, then please answer these questions?
Of course not. But the taxpayer was aware of her credentials..She can’t do the job. This is why Mr.G’s idea was so keen. Have a super majority in all votes by city council, if and only if there is not a plurality in the vote tabulation for council. Call it. The Puppet Rule.
Other than Linda Tyer, Matt Kerwood…., Who else benefits from Pittsfield politics spending over $205.6 million starting on July 1st, 2023? How does spending so much money create and retain living wage jobs in Pittsfield? How does it stop the last 50 years on losses in population and living wage jobs in Pittsfield? How does it address the 15 empty storefronts on North Street? #Twilight Zone!!!!
I like the super majority idea. It will put a serious dent in the 6-5 simple majority of tyers rubber stamps. We should have initiated the super majority idea a long time ago. I’m for the super majority idea
Coming to a school near you……
https://www.thegatewaypundit.com/2023/05/migrants-allowed-enroll-chicago-schools-without-health-records/
Mr.Marchetti and Mr. Krol. Please contact me at 14132811089 so we can arrange for you to host my TV show.only ground rules are that you speak for one hour as to what you will do for the citizens of pittsfield if you are elected mayor of the city of pittsfield. Please reply asap so that we can make arrangements to have you on the show. Thank you. Craig C Gaetani
THE PLANET encourages both camps to comply. It will be good exposure for the respective campaigns as well as more information for the electorate.
I would also suggest that rather than waiting for the campaigns to contact you, that you contact them. They are easily reachable. That will assure that they received a personal invitation.
Why don’t YOU call THEM?
Cops are earning their pay today. Non Stop Nonsense and were only in May.
I would love to see if Marchetti and Krol are up to the challenge. I’ve watched Valenti’s tv show and Gaetani’s show. Both men can easily carry an hour. I’m not so sure John and Peter can do it without help . Come on boys .
Wowy-zowy!