'We're Killing Ourselves': Schweikert Calls Out Colleagues During Fiery Speech On Deficit Spending

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Forbes Breaking News

Forbes Breaking News

Күн бұрын

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@Tampahop
@Tampahop Ай бұрын
This guy has been doing this same speech for years, but nobody listens. I commend his perseverance.
@BanBb1
@BanBb1 Ай бұрын
Nobody listens because he is not correct. He worries about debt that in reality does not exist. The bond market is nothing more than a savings account. We use a fiat currency system since 1971. His statements do not exist in that system. In fact they would be closer to the truth when we were in the Gold Standard. The two systems are quite different, with the fact that our government is the issuer of our currency and there is nothing for sale that they could not afford without borrowing a cent. If we tried that under the gold standard where spending was limited to gold supply, we would have to either mine more gold or borrow enough money to purchase enough gold to balance with outstanding cash. Under Fiat this is no longer necessary. The basis of his argument is that he compares governmnet finance to our personal finances. It compelling because we think that there is no difference when in fact many of the rules of fiat are actually antithetical primarily because we do not have the ability to create money and the government does. Schweikert asks when are we going to tell the truth. I have the same question to him.
@batmanmcstab1
@batmanmcstab1 Ай бұрын
You are my hero! I'm also from Arizona and I've watched about 50 of your speeches. Thank you for your endurance and I hope we change course as a country.
@TakeTheRide
@TakeTheRide Ай бұрын
Why are all the seats not filled. Debt; thanks Woodrow Wilson. Fire anyone in your state, that gives OUR $ to another country.
@RandyBryan-q9s
@RandyBryan-q9s Ай бұрын
@TakeTheRide you are correct. The worst president ever was Woodrow Wilson. He turned over the US dollar to a foreign organization called the FEDERAL RESERVE...without any oversight.
@reedm7619
@reedm7619 Ай бұрын
The peoples Congressman speaks!
@markbenoit
@markbenoit Ай бұрын
Most people have no idea how bad a problem government debit/ spending is, and that social programs is most of the spending. Just the spending on interest is getting so high!
@senorsenior9546
@senorsenior9546 Ай бұрын
They just want to buy more votes.
@Andrea-u2f
@Andrea-u2f Ай бұрын
I appreciate the lessons. Scarey lessons.
@finn3408
@finn3408 Ай бұрын
EXCELLENT, VERY GOOD AMERICAN MAN.
@SkipMichael
@SkipMichael Ай бұрын
Sir... you are preaching to the ignorant that have block ears. Keep trying, maybe they will hear you.
@finn3408
@finn3408 Ай бұрын
VOTE THIS MAN PRESIDENT OF THE UNITED STATES.
@proclasscorvo4498
@proclasscorvo4498 Ай бұрын
It’s a crime the seats behind him are empty if only I could buy a seat
@senorsenior9546
@senorsenior9546 Ай бұрын
Sadly, speeches, event brilliant ones, convince no one. They have already either made up their minds, or their leaders have told them how they MUST vote. Influential speeches to receptive legislators is a thing of the past.
@robertmarquez4134
@robertmarquez4134 Ай бұрын
Yeah who's lining their pockets
@edwardgoering1237
@edwardgoering1237 Ай бұрын
I;m 68 disabled vet and I didn't file right away and working with my injury bad it worst and had many holes in my employment I only et 1200 $ Social Security & 1300 VA disability a month never used my VA Home Loan because my last job for 6 years renovating School Boiler rooms the concrete dust gave me COPD All this Bogus spending Stresses us Seniors out WEF trying to force policies that don't represent 70% of the Worlds Population Look at all the Trucker & Farmers riots
@barbt.9211
@barbt.9211 Ай бұрын
@@edwardgoering1237 Thank you for your service, I hope things work out of you.
@user-zu5do6ri6r
@user-zu5do6ri6r Ай бұрын
@edwardgoering1237 We've undergone a Revolution. The government isn't for or by the people.
@justinanderson267
@justinanderson267 Ай бұрын
It's very easy to balance a budget. Step One. Find out how much money you have to work with. Step Two (this one is key) DONT SPEND MORE THAN THAT AMOUNT! Step Three Profit. Literally.
@justinanderson267
@justinanderson267 Ай бұрын
You can't just cut one program. You gotta cut lots of programs. And then, don't add ridiculous funding like getting fish drunk or high on cocaine.
@izkh4lif4
@izkh4lif4 Ай бұрын
In order to prevent US from becoming a pure democracy we must downsize the federal government by 95%
@tamdang8346
@tamdang8346 Ай бұрын
​@@justinanderson267lel the problem is the system is already over inflated due to that very spending during the last 2 decades.... cutting back on that is like an addict cutting back on his regular doses... which is impossible
@Infernoblade1010
@Infernoblade1010 Ай бұрын
I love his speeches. Unfortunately, there's not a soul behind him actually listening. Hope the public wakes up this November.
@Botstookallthenames
@Botstookallthenames Ай бұрын
I commented on the last US Debt video, this guy is on the money and I cant understand why??? (AS THIS IS THE #1!!!!!... NUMBER ONE!!!!!!! ISSUE WITH ALL AMERICANS) A single Rep from Arizona is the only politician Ive heard so far thats even talking about this issue. Whats worse its ALWAYS TO AN EMPTY ROOM!!!!!
@rickyrangel3926
@rickyrangel3926 Ай бұрын
Holy cow a person With common sense That's a rare site in washington
@RandyBryan-q9s
@RandyBryan-q9s Ай бұрын
Come to find out: The bottom is wherever you stop digging.
@davidgiles9651
@davidgiles9651 Ай бұрын
Republicans haven't 😅
@Andrea-u2f
@Andrea-u2f Ай бұрын
Wow mr. Sch..t gives us 10 years.
@OTRORACLE
@OTRORACLE Ай бұрын
They say OUR Economy but they are rich 😂
@prolarka
@prolarka Ай бұрын
They spend as if it wasnt their money. Wait, it actually isnt.
@strawman3070
@strawman3070 Ай бұрын
3:27 "take it seriously" "it's not a game" When you're talking to your children about their failing grades.
@scottcousins9038
@scottcousins9038 Ай бұрын
You make to much sence sir
@MariaAvila-ew5kp
@MariaAvila-ew5kp Ай бұрын
PEOPLE are dying and not enjoying their money
@nickkowtko-h1j
@nickkowtko-h1j Ай бұрын
@Forbes so your saying they have been taking my TRUST FUND!?
@Andrea-u2f
@Andrea-u2f Ай бұрын
Where is the help from those we financially helped?
@finn3408
@finn3408 Ай бұрын
AMERICANS. GET RID OF THE FEDERAL RESERVE SYSTEM .
@senorsenior9546
@senorsenior9546 Ай бұрын
Sadly, there are people in BOTH parties who think the debt isn't something to worry about. Imagine when nobody wants to buy your bonds and you need those bond sales to PAY INTEREST ON YOUR CURRENT DEBT. What happens then?
@MariaAvila-ew5kp
@MariaAvila-ew5kp Ай бұрын
They take out about 100.00 every two weeks from people checks
@ScipioAttilius
@ScipioAttilius Ай бұрын
so uhm... how did we get into this mess?
@MariaAvila-ew5kp
@MariaAvila-ew5kp Ай бұрын
Its just better for us just to keep our checks and try to save instead
@batmanmcstab1
@batmanmcstab1 Ай бұрын
It makes me sad that there's never anyone behind him in the seats when he does his speeches:(
@charlespiper9291
@charlespiper9291 Ай бұрын
Joes boss in china will soon be Americans landlord
@MariaAvila-ew5kp
@MariaAvila-ew5kp Ай бұрын
My mom is 44 and disabled shes still struggling cuz its not enough
@RandyBryan-q9s
@RandyBryan-q9s Ай бұрын
Question: Why have I never seen a picture of Donald Trump with David Schweikert?
@hakimroberts6489
@hakimroberts6489 Ай бұрын
what does the don not having a picture with him have to do with anything ? people don't have to photograph themselves to prove they know each other. do you really feel so entitled to anyone's personal life that they have to show you who they know and like with pictures for your knowledge or approval ?
@RandyBryan-q9s
@RandyBryan-q9s Ай бұрын
@hakimroberts6489 I'm a big fan of both Donald Trump and David Schweikert. Nonetheless, the fact still remains that before Donald Trump became the president the national debt was at 19 trillion dollars. When Donald Trump left the office of the president, the national debt was over 28 trillion. That is an increase of over 9 trillion dollars in just a 4 year period. With that in mind, I still wonder why I've never seen any photos of Donald Trump with David Schweikert?
@hakimroberts6489
@hakimroberts6489 Ай бұрын
@@RandyBryan-q9s that's a valid point. but i dont really think we can believe that Donald Trump didn't know anything of him or his positions on government finances and spending. On the other hand are you saying that Donald Trump colluded with the financial departments or schweikert to suppress his administrations government spending. and in turn rail against government spending when it sounds right leaning. do you think most of schweikert's positions are right leaning or bi-partisan? i like to think the latter.
@senorsenior9546
@senorsenior9546 Ай бұрын
Unfortunately, the Trumpster hasn't been exactly Mr. Let's- Cut- Spending himself. The only presidential candidate who seemed to "get it" was Ross Perot.
@hakimroberts6489
@hakimroberts6489 Ай бұрын
@@senorsenior9546 no not the first time around. but everyone hes starting to surround himself with like RFK, Tulsi, and Elon give me hope that he's starting to get it.
@MariaAvila-ew5kp
@MariaAvila-ew5kp Ай бұрын
Sometimes more
@mikechoate656
@mikechoate656 Ай бұрын
$1.00 fee added to just derivative (options) market orders will generate over $2T in revenue. I recommended this over 15 years ago and if we had implemented it, our debt would be $4T instead of $34T.
@reedm7619
@reedm7619 Ай бұрын
This is so depressing
@finn3408
@finn3408 Ай бұрын
AMERICAN CONGRESS, SENATE AND PRESIDENT. GET RID OF THE FEDERAL RESERVE.
@MariaAvila-ew5kp
@MariaAvila-ew5kp Ай бұрын
Now were taking our parents place were just beginning
@noneyabeeswax3200
@noneyabeeswax3200 Ай бұрын
Right,yes designed collapse
@finn3408
@finn3408 Ай бұрын
AMERICANS. BALANCE YOUR FEDERAL BUDGET. GO BACK TO THE GOLD STANDARD.
@brandonmusser3119
@brandonmusser3119 Ай бұрын
Can't wait till Trump and JD get in there we'll make this country healthy again
@RandyBryan-q9s
@RandyBryan-q9s Ай бұрын
What would happen if the federal government were to retract tax returns from (ALL) people, including businesses, and use that 3.2 trillion dollar to pay on the debt? Wouldn't that reduce the (INTEREST) on that debt by half.?
@Timstory6505
@Timstory6505 Ай бұрын
When it comes to sin,they all speak Latin,confused still
@barbt.9211
@barbt.9211 Ай бұрын
The Federal RESERVE buys the bonds.
@reedm7619
@reedm7619 Ай бұрын
Yes!!! Imagine when all the non-federal reserve bond holders find out WE CAN'T PAY!
@barbt.9211
@barbt.9211 Ай бұрын
@@reedm7619 Hi, I don't think, I want to be around on that day. lol Good Luck.
@Andrea-u2f
@Andrea-u2f Ай бұрын
Schweirket...regulatory. formulary government?? Hm..
@MariaAvila-ew5kp
@MariaAvila-ew5kp Ай бұрын
They should change the age to 40 cuz we dont know when were gonna die
@MariaAvila-ew5kp
@MariaAvila-ew5kp Ай бұрын
Free medical and dental and vision care is needed for everyone we are human beings
@bretwebber7484
@bretwebber7484 Ай бұрын
Wtfomgnotlol 😮🎉 7:03
@davidgiles9651
@davidgiles9651 Ай бұрын
Hardly compared to what covid did in TWO. COMING FROM CHINA. FENTANYL DOESN'T COME THROUGH ONLY THE SOUTHERN BORDER
@KellyRae..
@KellyRae.. Ай бұрын
Why am I paying for tax write-offs for businesses when asked to round up? Can they just pay their share too and if they want the community support, maybe contribute to it. Maybe donate to the school funding we need in the country
@StuunZ
@StuunZ Ай бұрын
"the public needs to be educated" I agree! But then why has our education system turned into a complete mess? We're working in reverse here. The country is very clearly in trouble, also did he just say a fentanyl vaccine? This guy drinking just as much stupid juice as everyone else. At least he's trying, he seems genuine.
@davidgiles9651
@davidgiles9651 Ай бұрын
Because the STUDENTS, their lack of WANTING TO LEARN, THEIR LACK OF RESPECT, AND THEIR CHILDISH BEHAVIOR IS WHY THERE'S A TEACHERS SHORTAGE
@Tommygogo123321
@Tommygogo123321 Ай бұрын
heal.nih.gov/news/stories/OUD-vaccine
@ralphcolon3579
@ralphcolon3579 Ай бұрын
He didn't make Mexico "pay for the wall he didn't "put America First" and he sure as hell didn't "drain the swamp. You say he fought for you, you mean he validated your hate....VOTE 💕 HARRIS WALZ USA
@ryanguzman8709
@ryanguzman8709 Ай бұрын
I want a complete breakdown of exactly WHO we are in debt to. That part is never clearly explained.
@GroovyGrandpa2
@GroovyGrandpa2 Ай бұрын
China.
@ryanguzman8709
@ryanguzman8709 Ай бұрын
@@GroovyGrandpa2 After covid, whatever is supposedly owed to them is void.
@robertreed6379
@robertreed6379 Ай бұрын
@@GroovyGrandpa2 we are in debt to bond holders which includes trading nations who sold us goods and in turn bought our bonds which draw interest and eventually mature and must be paid full value. Add your retirement funds, banks, and the fed enabling us to print more dollars thereby increasing inflation. The scheme is to cheapen the dollars purchasing power thereby reducing cost of paying back bonds at the expense of all who bought them.
@kurtstankus4898
@kurtstankus4898 Ай бұрын
​@@robertreed6379 Which is why the markets, commodities, and other traded materials are up by double digit percentages. Those investments are all up in value because of the relentless printing of the continuing devalued dollar.
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