Comments by "David H" (@DavidHalko) on "VisualPolitik EN" channel.

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  31.  @ritchirodenbach8972  - I had a conversation about this, some years back. After looking into it, the African Currency link to Libya seemed like an element of truth in a greater conspiracy theory of misunderstanding of how things work in humanity & on a global scale. The currency would need to be linked to something significant, like Swahili language, disassociated from the Arab invaders & slave traders of the past 1300 years. (Libya is slaving again, after the fall of Gaddafi, some things never change.) A police force to protect people [from thieves] is needed. A military to protect against invaders [who thieve] is needed. France is merely a small nation that provides a degree of legal stability & security, with the ability to project stability & security for those who want their help. Nothing more. It has little to do with their currency. Security & Stability create a super power, because these things allow people to create without having their stuff get destroyed, without having their stuff get stolen, without being kidnapped to provide their unique labor for free, without having their women & children molested & killed [so the created things are passed down.] Until people understand that creation, security, and stability is the tripod on which civilization stands… people will be in endless cycles of theft & those regions remain poor. Gold is not necessary. In North America, $1 has a colloquial name of a “buck”… because a Buck Skin (skin of a deer) had that value, and people would trade the skin (because it held it’s value… not the fur, but embedded in the fur was the work to harvest & clean the animal, and the meat fed the harvesters along the way.) Gold is not necessary, it can be a renewable resource like animal skins. Creation [human work], Security [to keep creations from breakage & theft], and Stability [to appreciate & value] are at the heart of civilization… super power is the ability to project those positive attributes & defend from the negatives to other localities.
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  37. 1:00 - “highest GDP to debt ratio” This is a nightmare, you are right. They have to stop spending like a drunken sailor, but Democrats in Congress traditionally drive this, and US voters are addicted to government services. 3:30 - [US Presidents speak on debt] The US found out during the Trump administration that when Trump did not spend the money allocated by Congress, Democrats sued President Trump for not spending what Congress budgeted. It was the craziest thing I have ever seen, in my lifetime! 5:43 - “white house continued to raise the debt ceiling” This is not the role of the White House or President. 6:35 - “debt ceiling… serves no function except to generate political tension” This is completely false. It is through the debt ceiling mechanism that the US congress has been able to force deals to constrain spending by other members of Congress. The reason the President is needed, is because the President is the leader of a major political party, in this case the Democrat Party [which is addicted to uncontrolled spending], and the President must tell his political party members to fall in line & vote for the debt control measure, otherwise they vote against the debt control measure to bring home $$$ pork 💵 to their constituents. 6:54 - “Republican Gephardt… Gephardt rule” This was a nightmare, as you suggested. 7:46 - “White House addicted to debt” Once again, the White House is not the driver, Congress is the driver Usually, if the opposing party is in control of congress, there are 2 paths: 1. Congress drive spending to make the White House look bad (ie Democrat Congress under Republican Trump… resulting in a 1 term President when his voting base did not come out to support him) 2. Congress drives less spending and can make the President look good (ie Republican Congress during Democrat Clinton… extending him to 2x terms during scandals) 8:40 - “checks written by the White House” You really don’t understand how this works in America. The White House does not really control the spending. 11:25 - “social security… funds projected to run out… take out more and more debt” They will merely increase the payroll tax or facilitate more illegal aliens so illegal aliens must steal social security numbers to work & therefore pay into the system & not get that money out when they retire. This is how Democrat President Biden’s policy is buoying Social Security. 14:20 - “pensions will have to financed with debt” No, previous debt from other departments must be paid back, and those departments must start paying back their borrowing from Social Security… so the social spending will come to a halt pretty quickly before there is a default.
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