Today's Tids Issue 5803
Priceless:
I planted some daisies this past week. You know daisies, happy flowers that dance in breezes. They brighten hillsides that roll to the sea, fluttering from May through October when Montauks are set free. How can I go wrong now that the daisies cheerfully glow away to comfort me.,
How many people in this country do you think understand what the National Debt means. Do they look at it like their own credit card debt hoping it will magically go away before it is too late. And suddenly, alas, it is. What do you think happens when the USA cant make interest payments, the biggest spending commitment of all. When it will be too late to understand what is happening. Default exists no matter who you are,
If Trump can get a bigger jumbo jet from the Saudis today does that mean he has to orchestrate a buyout of thePGA by the LIV?
I need everyone to wish me luck. I have a meeting at the bank later and if all goes well, I will be out of debt. I’m so excited I can barely put on my ski mask.
The Question:
Whtat was the interest on the National debt for 2024. What is it projected to be n 2025 and 2026, How much is expected to be paid paid by 2035?
The Headlines:
--April CPI Shows Inflation Easing (CPI Strips out Costs of Food, Energy.); Markets in LaLa Land Early; Down Stays Negative as Nas Surges.
--New Repub Tax Plan Will Make 2017 Tax Cuts Permanent.
--Trump In Saudi Arabia as Investment Deal Tour Begins in Middle East.
--Fed Governor Adrianna Kugler Sees Tariffs as Economy Stifling.
--Menendez Brothers Resentencing Trial Begins; Diddy trial Continues...
What did Richard III say when the snowstorm stranded him several miles from his campsite? Now is the winter of our distant tent.
I really do think spell-check has completely lost its mind. It doesn't know whether to be an insurgent omniscient AI function or just a simple source for correctly spelled words.
If the Congress Tax alteration bill goes through making overtime and tips pay tax deductible, nobody will want to work for a salary any nore.
The Celtics have joined the Cavs in a fight for life scenario. Both favortes to meet in the NBA East Championship are down 1-3. Celts Lose Star Player Tatum. You have to do mroe than live off your regular season success to win championships.
Why can't proctologists get out of debt? They're always in arrears.
Didn't May just start yesterday?
There used to be a beach season in the Northeast. Everything shut down on labor day and crept open with little fanfare in early June. Two beaches are opening now. Maybe it is getting warmer. No palm trees here yet. I would always prefer a nice Maple tree in a meadow surrounded with daisies.
The other day I was in a dimly lit restaurant. I went to the restroom and noticed a man waiting in front of me. So, I waited patiently. After a minute or two with no movement I moved closer and found I was standing behind a potted plant about my height. It's tough gettng old.
I have the best debts in the world. Every one of them is outstanding.
The Answer:
In 2024 we paid out ND Interest of $881 Billion. This year we will pay $952 Billion and in 2026 we will be over One Trillion Dollars in interest. Between now and 2035 we will pay $13.5 Trillion dollars just to meet our loan interest requirements. What was it that Everette Dirkson said in 1969!
Many of the pressing problems of the nation aren't new, they have just been bypassed.
A woman visits a bank on downtown NYC... and asks for a short-term $10,000 loan. Banker asks her for collateral, and she hands him the keys to her Mercedes. She says she's going on a vacation, and will return the following week to repay the debt and retrieve her car. Week later, she picks up the vehicle and pays back the loan, plus $50 interest. Banker says, "Thanks for doing business with us. But, while you were away, we did a bit of research and discovered you are an extremely wealthy woman. Why did you need a loan?"
She replied, "Where else can I park my vehicle for $50 for a week in NYC?"
There’s more in life than money:
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