Ben Carson warns Biden will turn America
into 'Argentina or Venezuela' with rampant
inflation and massive debt thanks to his
$6trillion budget that will set a new deficit
record
Daily Mail (UK) & Associated Press,
by
Keith Griffith
&
Staff
Original Article
Posted By: Imright,
5/29/2021 8:33:15 PM
Former Housing and Urban Development Secretary Ben Carson has claimed that President Joe Biden is leading the U.S. down the economic path of 'Argentina or Venezuela' with a record-setting budget and freewheeling monetary policy.On Friday afternoon, hours before the holiday weekend started -- a slot usually reserved for uncomfortable announcements to the press -- Biden unveiled his $6 trillion budget proposal for next year.This year's projected deficit would set a new record of $3.7 trillion that would drop to $1.8 trillion next year - still almost double pre-pandemic levels. The national debt will soon breach $30 trillion after more than $5 trillion in already approved COVID-19 relief.
Reply 1 - Posted by:
DVC 5/29/2021 8:41:45 PM (No. 800434)
And Carson is right. They stole the election, no furiously working to destroy the economy.
46 people like this.
Reply 2 - Posted by:
stablemoney 5/29/2021 8:56:11 PM (No. 800449)
Treasury bills are purchased by the Federal Reserve, not the public, who will not buy something that pays no interest. The government has no ability, or intention of repaying the debt. We are going to hit the wall when they try to roll over $30 trillion of debt. Nobody is buying now, so the Federal Reserve will be forced to raise interest rates, or print even more money, postponing catastrophe, but making the eventual catastrophe bigger and bigger. The communists know they are destroying the currency. That is what they want, so they can have their revolution without firing a shot, and can take over and make everyone a slave of the state.
37 people like this.
Reply 3 - Posted by:
Venturer 5/29/2021 8:56:23 PM (No. 800450)
Dr. Carson is right, but unfortunately it is much more than just the 6 Trillion dollar budget proposal, there are many more crazy thing coming like free college, extended health care and others.
25 people like this.
Reply 4 - Posted by:
itsonlyme 5/29/2021 9:17:30 PM (No. 800465)
Joe "Dementia" Biden and Kamala "Heels Up" Harris are probably working on the 4th, 5th, 6th through 10 stimulus plans. Making sure everyone gets at least $20,000.
It may not get far if automobile gasoline is $10/gallon.
25 people like this.
Reply 5 - Posted by:
Old Army Vet 5/29/2021 10:52:00 PM (No. 800507)
The liberal progressive commie leftoid Marxist's want to make us into a third world socialist heaven. It will never work here.
12 people like this.
Reply 6 - Posted by:
bobn.t 5/29/2021 11:07:17 PM (No. 800514)
Exactly what Omusbro is demanding and directing.
16 people like this.
Reply 7 - Posted by:
Trigger2 5/29/2021 11:49:14 PM (No. 800529)
The USA would definitely become Venezuela. How else can the moron turn this country into another communist paradise?
15 people like this.
Reply 8 - Posted by:
Trigger2 5/29/2021 11:50:51 PM (No. 800531)
I suspect this is Biden and the demonrats sneaky way of snatching everyone's gold, 401k's, and all the investment accounts as well as your savings and checking accounts. That authority was already given to the demonrats via the BarryCare bill.
13 people like this.
Reply 9 - Posted by:
OhioNick 5/30/2021 2:56:11 AM (No. 800573)
We're in uncharted territory when it comes to the current level of national debt and Biden's determination to increased the debt even further. The economy will buckle after the Prime Rate starts going up. Eventually, there will be only two possible solutions. The Feds would declare bankruptcy and cancel the national debt, which would lead to a global depression. Or the Feds would follow the Cypress example and force banks to levy a "haircut" from everyone's bank account.
8 people like this.
Reply 10 - Posted by:
The Remnants 5/30/2021 6:22:16 AM (No. 800608)
And then there is the INVASION on our southern border. Could there be some kind of "planned obsolescence" going on right in front of our noses?
17 people like this.
Reply 11 - Posted by:
Strike3 5/30/2021 7:37:38 AM (No. 800638)
Imagine what that kind of money in the hands of a smart president could do. We saw it from 2016 to 2020 until the Delaware Dummy stole the election and allows himself to be controlled by idiot bartenders, racist grifters and palestinian terrorists.
17 people like this.
Reply 12 - Posted by:
Zigrid 5/30/2021 8:11:28 AM (No. 800669)
Here's the rub... china and the Marxist don't have a clue as to our resolve and love of country...they really don't get it...WE are MAGA and no enemy country can change that...there's always a danger from dictators...but... hitler learned... don't mess with America....WE have had a small setback ... but nothing will take our freedoms from US...
6 people like this.
Reply 13 - Posted by:
planetgeo 5/30/2021 8:17:47 AM (No. 800681)
The leftists think they have won. They believe that the momentum of all the insane multi-trillion spending will finally destroy this country and inevitably lead to a violent uprising. Well that part is right. The wrong part is who will be doomed by the violent uprising.
6 people like this.
Reply 14 - Posted by:
udanja99 5/30/2021 8:32:50 AM (No. 800695)
Cloward-Piven. Overwhelm the system in order to usher in socialism. If you don’t know what it involves, read up on it. We are witnessing it in real time.
11 people like this.
This is not a surprise. If they thought Januar6 was an "insurrection", they have not seen anything yet.
7 people like this.
Reply 16 - Posted by:
ARKfamily 5/30/2021 9:15:08 AM (No. 800739)
Please, Ben Carson, keep speaking up!
9 people like this.
Reply 17 - Posted by:
Hermit_Crab 5/30/2021 9:41:14 AM (No. 800763)
How come when a thousand Lucianne.com commenters warned of this7 months ago, it didn't make headlines, but when Ben Carson says it, it makes headlines???
6 people like this.
Reply 18 - Posted by:
Dodge Boy 5/30/2021 10:05:43 AM (No. 800792)
The US Dollar as the world's reserve fiat currency is on borrowed time and will soon collapse. I suspect congress now realizes this as well. As the Great Reset unfolds, the dollar will perish to be replaced with the digital dollar. Its value will be determined by the IMF and will be only a fraction of the current dollar's value. Magically, courtesy of the central banks, the national debt will vanish into thin air.
How could it be so simple? All Amerika has to do is conform fully to the Great Reset with no exception and accept the new world order as required by Obie, the Bushes, the deep state, the msm, the globalists, and others. And then Amerika can reveal its true ugly self with its 350 million peasants. Together with some planned de-population programs, little wonder why biden the cheater and congress don't concern themselves with today's deficit spending and why they found it worth their while to pull off the Great Election Fraud of 2020.
4 people like this.
Reply 19 - Posted by:
MDConservative 5/30/2021 10:13:42 AM (No. 800800)
Where was that great ecomomist Ben Carson when they rolled out the first TRILLIONS for "stimulus", or the second MULTI-TRILLION DOLLAR giveaway? It's only paper and "faith" anyways. BBRRRRRrrrrrrrr...those printing presses are getting mighty warm running like that.
1 person likes this.
Reply 20 - Posted by:
DW626 5/30/2021 11:45:48 AM (No. 800892)
Maybe this is part of the plan?
“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.”
~ John Adams
3 people like this.
Reply 21 - Posted by:
Kafka2 5/30/2021 12:42:20 PM (No. 800928)
The Progressives/Democrats just love to spend other-peoples-money as much and fast as they can. If it will do more harm than good -- all the better! After creating crises they will they claim it is somebody else's fault, but, not to worry, they will save you from the crises.
May Heaven help us.
4 people like this.
Reply 22 - Posted by:
NotaBene 5/30/2021 2:27:14 PM (No. 800994)
Oh no, not Argentina please !
1 person likes this.
Reply 23 - Posted by:
NorthernDog 5/30/2021 2:43:36 PM (No. 801000)
FTA:Argentina is a puzzling economic basket case that experts have long studied. One of the wealthiest countries in the world in the early 20th century, the country suffered a dramatic reversal attributed in part to political instability.
Peronism ultimately undermined Argentina. On the bright side they love a good steak and have vast tracks of undeveloped land.
1 person likes this.
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