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Economic facts that can change our lives

After reading Cheav's US financial structure, I can't help but critically changing my life style for the future. Save like my mom used to.

It's imperative for me to learn from this grim lesson.

Below is from Google


Federal Debt Clock

Today’s Federal Debt is $19,687,424,480,959.14.
The amount is the gross outstanding federal debt issued by the United States Department of the Treasury since 1790.
But, it doesn’t include state and local debt.
And, it doesn’t include so-called “agency debt.”
And, it doesn’t include the so-called unfunded liabilities of entitlement programs like Social Security and Medicare.
Federal Debt per person is about $60,335.
Total US Government Debt in 2016


At the end of FY 2016 the total government debt in the United States, including federal, state, and local, is expected to rise.
Total Federal Government Debt in 2016

At the end of FY 2016 the gross US federal government debt is estimated to be $19.4 trillion, according to the FY17 Federal Budget. Of this gross amount, debt “Held by the Public: Other” is estimated by usgovernmentspending.com at $11.7 trillion, debt “Held by the Public: Federal Reserve System” (i.e. monetized debt) is estimated by usgovernmentspending.com at $2.46 trillion and debt “Held by Federal Government Accounts” is estimated at$5.30 trillion.


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Circus and more circus

What this election has turned into? Reading the main stream media and listening to the news is just making me feel irritated as we are getting close to the crucial moment of decision day.

Although sound principles and integrity are important aspect of the selection process, it does seem that we are overlooking the most important issues that need to be addressed by delving into the most inane and ridiculous character assassination surrounding this election in general.

The worst part, the media is playing us all like cats and dogs biting at every chance if only to gobble this garbage they are feeding us everyday.

The truth is, like I have said in my previous response why I still support Trump inspite of this allegations of disrespectful incidents on women as expressed in the locker rooms, he is far better choice than that of a criminal, lying b*tch like Hilary with a husband that has not only been criminally convicted of sex assault on women, but that he made it a habit to disregard women's integrity and honor. (Monica Lewinsky, Jennifer Flowers and Paula lady, all came out very strong and vocal against Clinton's very bad taste and poor treatment of women.

Trump had been on the limelight for the last 40 years or so and NO ONE ever accused him of this slight before until now that he is running for office.

If anything, he had put forward a very significant effort on making women recognized for what they can accomplish by according them equal pay and management post only given to men for the last 30 to 40 years.

Now I said it, and I will say it again. He is not perfect. He has made some mistakes like most of us do, but he is sincerely apologizing and these are not irrevocable. These are correctable character flaw. He is, in my hope changing for the better.

I dearly wish he were perfect, but with all the make up of global leaders, I do know he comes as one of the finer ones compared to the likes of Putin, Tse Tung, Stalin, etc. etc..

Don't be too harsh on judging him because if we look back at Edwards, Gore, et al., he is not as bad as them. Cheating and lying with their wives..
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Loyalty

Does it mean anything to you?

For me, it is very important. Specially in terms of love, friendship and political affiliations.

It took me years to change from Democrat to Republican. I was so into the aspirations of John F. Kennedy, but after they killed him...(conspiracy), the whole agenda of that party just changed. I know everything changes but when you see that those changes just kill those you love and or in terms of political leadership, kill the goods that is for everyone, then perhaps loyalty needs to be questioned.

What is your opinion?

Thanks for reading and or commenting if any.wave
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Reflections on Life

"Life is how we make it" so it is said. The question is, if two people live together in this so called "life" is it possible that it can succeed if only one of the two is directing and making all the decisions?

I don't think so. In the university of life, we learn that people are complex institutions. Understanding that complexity and try to simplify it leads to a harmonious and peaceful relationship. Peace is the foundation that can make that relationship strong and built for a very prosperous future.

The question is, what if you are with someone who is totally different from your goals, your plans and your motivations? But you love and adore him/her deeply. If only you can forget who you are and most of all, if only you can accept life as is, "come what may".

What is your opinion? Would you stay? Or break away? When?

Thanks all for your reads and or comments if any.
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DUTERTE, cozying up with Russia

Strategically located in a very volatile area, the Philippines' position on both geographic and political direction is of global importance.

Since 1898 after the Spanish American war was over, the Philippines was freed from the Spaniards ending over 300 years of abusive and slavery rule. It gave rise to the Westernization of the country and followed by the installation of American control. Considering the location alone, the US interest of the area almost led to the inclusion of the Union only to be thwarted by the Filipino elites thinking it would make us just as slave as when we were under the Spaniards.

While the independence of the country was a prized achievement in 1945, the US continued to run their military operations on a lease contract which ended sometime in the 80s. The following years, there proved no sign of any political conflict amongst the super powers of the world which include but not limited to Russia, China, US and Europe. Good riddance for the US as it cost us about a billion dollar of rent expense which was a loss to the Philippines.

Recently however, because of the growing aggression of China in building its military powers in disputed island north of the Philippines, coupled by the increasing presence of ISIS training in the south it is most likely that US actually do need the Philippines or for political and military balance, the world do need it.

What is very radically disturbing at the moment is Duterte leaning on forging an unusual relationship with Russia leaving US and Philippines' relationship a very questionable and undoubtedly shaken. A very unexpected political alliance is being forged.

Recently Duterte insulted Obama and I personally feel perhaps he truly knows what is better for the future of the country. Obama being so pro islam and the ISIS making the south as training ground of terror, perhaps he feels he will not get a good support from a US president that stands opposite his objectives.
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We're now run under totalitarian rules

"The Governor Of Minnesota Tells Current Residents To Leave State If They Don't Accommodate Huge Influx Of Muslim Migrants" - US Chronicle

What bothers me is not that his objective is of humanitarian impact, even then, they're simply migrants not refugees, but being an official, he's acting way out of our democratic system.

Have we completely lost our sense if democratic principles?

Are we now ruled without regard to our rights? Are we not supposed to put this in the ballot?

Shame on you Dayton.
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Truth in Media, ISIS, and it's Origin

A very interesting topic that invites discussion for the political junkie like me.

It is very clear that it is the poor judgment of the US to not continue on the cleaning up of the scum bags in the area. But let us go further, it is not like the current occupant of the White House was in support of eliminating these terrorists, now is it? It serves his agenda that US will be toppled down and therefore remove himself from the responsibility of finishing the job by keeping them in check. So yes it is the fault of the US for not monitoring the growth of these suckers but leaving it to thrive so that they create a powerful army of blood sucking terrorists.

At least that is what I understand from the video. Not like US created them directly and made all these scum bags to terrorize the world.

Question is how would it be undone and who benefits?

Elimination of ISIS, I mean.
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911 victims to sue Saudi Arabia

Congress passes bill letting 9/11 victims sue Saudi Arabia, in face of veto threat.

Why would a president veto a very legitimate claim if we can prove that the respondent is guilty of this massive terror inflicted upon us?

Any ideas?
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Finally, the exposure of Hilary's illness

I knew it all along. When she disappeared in public for more than 5 weeks followed by her absence of more than 30 minutes during the second Democratic debate. She is not physically fit to run for office, let alone be a president.

The question is, who will carry the democratic line. Will it be Biden?

I wasn't at all surprised when all these health issues were dominated by the news last night.
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Future of humanity

"World leaders have reacted with anger after North Korea carried out its fifth and reportedly biggest nuclear test."

So does this mean that any country now can test nuclear weapons without regard to our environment ? More importantly how will it impact humanities' future? Anyone?

Which country is next? I'm sure if Korea can do this, the rest of the world can, right?
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War on Drugs in the Philippines

I have to admit, the President of the Philippines way of treating the President of the United States take a lot of guts if not pure courage.

I was surprised to read about how he swore at him and considering the needs of both countries to be concerned of the same problems like fighting the ISIS, it looks to me it is not a united effort to deal with this issue should he treat him this way.

I am aware he is cleaning up the country of drug dealers and bad elements that seems to slowly destroy the Filipino lives now and the future.

Philippines is sovereign and independent and therefore has the right to do whatever it takes to run it. It is a little bit surprising though, to treat a powerful leader like that specially now that the Philippine's problem of radical muslims is escalating.

My personal opinion is that if this is what it takes to direct his focus in improving and serving for the goods of the majority, I can't question him. However, there has to be a justifiable and legal reasons of doing it and procedure that proves the guilt of these thuds. I know for a fact that illegal drugs is a very serious crime in the world today. Philippines according to record, is one most besotted one with this problems.

The approval of the Filipino people to their president is very high and it does seem to be working for the benefit of the majority.
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Trump's policy on building the walls

Depending on one's interest, it is very debatable whether Trump's policy on immigration works or not. In particular is the building of the wall between Mexico and the US.

This project is not new, in fact it was always a major concern of the government whoever is the sitting president. I remember when Clinton was the president and carried on when Bush took over that this project is of utmost priority. There was billion of dollars allotted to carry on the same intention as Trump is doing today. The difference is, he wants the Mexican government to shoulder the responsibility of which makes me wonder, why should Mexico do that. First of all what benefit would it do for them and second where would they pluck the money to do it?

Anyways, as far as I am concerned, it is to the best interest of our country, the USA to build that wall and properly vet everyone who wishes to come to this country whether through the land borders, ocean and or on air.

Immigration laws are created to protect the interest of any country. But I personally think that it is the burden of the country that wants to control influx of illegal entry. Asking Mexico to take care of this expensive and major responsibility just baffle the hell out of me.

What do you think? What is the success let alone chance of this project to be done?
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