Recent content by Velegon

Until about 2005-2010, the debt service ratios were declining as the remaining 10 and 20 year bonds/notes/etc. from the very high interest rate period in the 1970s and 1980s expired and were replaced by new ones with significantly lower interest rates. In this chart from wikipedia in the...

When I mentioned a 1% increase in interest rate, it already been happening for the past few years and will continue to happen for the next 5-15 years even if current rates continue at this level in the future. That is one of the main reasons for the spike in interest paid in the past few years...

Here's something to consider with the looming debt crisis in the US - as stated above, the amount of interest being paid on an annual basis in Q1 2025 is 1.114 trillion dollars - much larger than the $850 billion being spent in 2025 on the US military, The amount of interest paid has increased...

The markets will crash soon enough once they finally realize that Trump's method of negotiation is "I get everything that I want, you get nothing that you want" that other nations will never agree to.

Yeah Texas and Florida reportedly have the 2nd and 3rd most illegal immigrants behind California and none of the cities Trump mentions are in those states.

Why is Boelter, the guy who did the Minnesota political assassinations, being charged with SECOND degree murder? With people saying he had a hit list, his impersonation of being a police officer, his wearing of a latex mask and driving some distance between 2 crime scenes - how isn't that FIRST...

Trump realizing his "mistakes" is him ridiculously saying "I am never wrong. I once thought I was wrong but I realized that was a mistake"

45 years would bring us back to 1980, which was the last year of the 96th Congress: 96th (1979–1981)Democrats 97th (1981–1983)Democrats 98th (1983–1985)Democrats 99th (1985–1987)Democrats 100th (1987–1989)Democrats 101st (1989–1991)Democrats 102nd (1991–1993)Democrats 103rd...

You are forgetting the Trump mantra - treaties, rules and laws are for thee but not for me ...

Removing the IEEPA would require changing a law and that would face Trump's veto. Declaring there is no longer a national emergency under IEEPA just requires majority votes for a resolution and Trump has no veto on it. As I think someone else mentioned earlier, the Democrats were going to file...

I see that in the continuing resolution passed by the house, "the GOP leadership slipped language into a House rule on their stopgap funding bill that would prevent any member of Congress from bringing up a resolution terminating Trump’s declaration of a national emergency over fentanyl and...

Article 1, Section 8 grants Congress the authority to "regulate commerce with foreign nations, and among the several states." I see Ford has reversed the export tax on electricity - not surprising as I doubt a provincial premier has the authority to impose an export tax. As for the right-wing...

Although Trump probably thinks that his counter to the Ontario export tax on electricity is strong, in reality it may viewed by many as a sign of desperation. If the stock markets and the economy continue to get worse, we may be getting very close to having business leaders and elites telling...

If the Supreme Court continues to overrule stare decisis cases over and over, a Democratic controlled Congress could threaten to overrule the ultimate stare decisis case by proposing a law to overrule or limit Marbury vs Madison - which would crush the Supreme Court's power so the Supreme Court...

Trump appeals to the Supreme Court so much these days that the US might need to create a second Supreme Court - one dealing with Trump and the Republicans numerous (and often frivolous) appeals and the other dealing with everyone else (I'm just kidding about this of course).