John Kennedy Asks Powell Point Blank: 'How Much Is Too Much' Debt?

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Forbes Breaking News

Күн бұрын

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@leslieanderson3726
@leslieanderson3726 2 жыл бұрын
How about listening to the American people, how refreshing that would be!
@ericvulgate
@ericvulgate 2 жыл бұрын
i understand their opinions are varied.
@ericblust5923
@ericblust5923 2 жыл бұрын
Lmao....they don't care about you, me or society, they only care about power and control as they stuff their pockets...
@johnathanmandrake7240
@johnathanmandrake7240 2 жыл бұрын
Study history and recognize that that doesnt just happen. We have to separate ourselves from the global market, think Boston tea party. We keep overspending on products that degrade rapidly and break easily, this makes us poor. Especially since all of our money is just leaving america, buying products from out of country. Abolish the IRS/stop paying federal taxes. The debt isnt the americans debt, it's the federal elites debt.
@michaelc1063
@michaelc1063 2 жыл бұрын
What part of independence do you not understand???
@jimd4201
@jimd4201 2 жыл бұрын
Many, many Americans would sell the souls of their children for a $2000 check. Many, many politicians would sell out the country for a vote. And, I agree with you, as long as the American people agree with my opinions about how things should be done.
@jillbuzzard6808
@jillbuzzard6808 2 жыл бұрын
Our government is out of control!!!
@akazinsomniac3007
@akazinsomniac3007 2 жыл бұрын
Yes... 33:22 And draw near to the pit doth his soul, And his life to those causing death. kzbin.info/www/bejne/iarMm4Cbl6p-m9k
@jarjar3143
@jarjar3143 2 жыл бұрын
The word government derives from two words Govern and ment . Mentis or Mentia is Mind . Govern means to control . So from there think again about the implication of that word Government .
@ericvulgate
@ericvulgate 2 жыл бұрын
'our'
@kennethcurtis1856
@kennethcurtis1856 2 жыл бұрын
@@jarjar3143 it's not that complicated. The people have given control to the government because it is hard to keep elected officials towing the line.
@deebrown9043
@deebrown9043 2 жыл бұрын
They all need to go!
@claytonevans5721
@claytonevans5721 2 жыл бұрын
Truly like this guy , he speaks from the heart and is a cool cat!
@michaelc1063
@michaelc1063 2 жыл бұрын
🤡🤡🤡
@garymajor7020
@garymajor7020 2 жыл бұрын
@@michaelc1063 GFY!
@michaelc1063
@michaelc1063 2 жыл бұрын
@@garymajor7020 gfy?
@Zzus321
@Zzus321 2 жыл бұрын
@@michaelc1063 Do you know what happened to Zimbabwe Veneswalla and Wiirwmare Republic??? No you don't because you're a Payoso
@michaelc1063
@michaelc1063 2 жыл бұрын
@@Zzus321 Dont you dare compare us to those 3rd world country. If you hate America so much just get out
@montanamade8712
@montanamade8712 2 жыл бұрын
The moral of this short story: the federal government has failed the American people miserably. Vote them ALL out and shrink the government by 80%. It’s the only way we survive.
@BigtheJonathan
@BigtheJonathan 2 жыл бұрын
America was built upon limited government. Every decade we have become more and more socialistic, giving more money and power to the government. It is fucked. I dont believe in Anarchy. But im almost thinking it might not be a bad idea. Funny enough California is already becoming like one but the irony is that they have the highest tax rate in the country. Let people raid and pillage each other and their own streets. There are way too many people, let natural selection take place.
@dbmail545
@dbmail545 2 жыл бұрын
The only way that will happen is civil war.
@energygirl9588
@energygirl9588 2 жыл бұрын
If the Republicans don’t take the chance next go around to Defund the Fed top to bottom, make laws against debt growth, balance the budget and gut Social Media giants there will have to be a civil war to fix it!!
@925sterling
@925sterling 2 жыл бұрын
Mr. Powell .. we don't need you .. or the "federal" reserve. The vast majority of us would be far better off without it and you.
@maryw.7124
@maryw.7124 2 жыл бұрын
amen John Kennedy you care & fight for us Bless you
@StabbyMcStabwood
@StabbyMcStabwood 2 жыл бұрын
What fight? Have you heard how this guy talks to his colleagues on the left in front of the camera? This guy will never take the gloves off when it comes to these crooks who come to testify.
@michaelc1063
@michaelc1063 2 жыл бұрын
🤣🤡🤣🤡
@maryw.7124
@maryw.7124 2 жыл бұрын
@@michaelc1063 laugh world laughs at u
@michaelc1063
@michaelc1063 2 жыл бұрын
@@maryw.7124 Nay
@shirleykirby1891
@shirleykirby1891 2 жыл бұрын
Love this guy. Kennedy knows what is happening 🙏🙏🙏
@michaelc1063
@michaelc1063 2 жыл бұрын
🤡🤡🤡🤣
@rindybell7798
@rindybell7798 2 жыл бұрын
@@michaelc1063 🤠🥸🥳
@seedplanter7173
@seedplanter7173 2 жыл бұрын
kzbin.info/www/bejne/jJ66XoaZoqyFg6M
@clutchpedalreturnsprg7710
@clutchpedalreturnsprg7710 2 жыл бұрын
i agree Shirley, but it appears that Senator Kennedy does not know the difference between, Bank Money System " and " State Money System " as he would not have made his first statement in this video.
@shayparis2213
@shayparis2213 2 жыл бұрын
CITIZENS!! This is our money not theirs!!!
@davef.2811
@davef.2811 2 жыл бұрын
Debtor's prisons exist for those who try to apply that issue.
@dadbear6614
@dadbear6614 2 жыл бұрын
John Kennedy is a national treasure always fighting for Patriot Americans
@johnsonhunglo1993
@johnsonhunglo1993 2 жыл бұрын
He's no 'John Kennedy'!!!!! Abolish the Federal Reserve, ASAP!!! It is useless!!! The US dollar is only worth about 17 cents these days. Thanks to the FRS!!!! Does this guy know about all of the US wars fought on a credit card? Cut the military's budget for ten years. Tax the churches. Defund the police.
@jeanetterichardson7450
@jeanetterichardson7450 2 жыл бұрын
He truly is
@kandis5576
@kandis5576 2 жыл бұрын
@xXLogicXx such an ignorant comment. Go to twitter where your comments make sense to that crowd.
@michaelc1063
@michaelc1063 2 жыл бұрын
🤡🤡🤡
@rindybell7798
@rindybell7798 2 жыл бұрын
@@michaelc1063 😭😭😭
@shagwellington
@shagwellington 2 жыл бұрын
Isn't Powell the person who said inflation is temporary when everyone else knew it isn't? I wonder if a new Congress could get rid of him? The Fed should be abolished.
@SomeDuder1984
@SomeDuder1984 2 жыл бұрын
"Transitory" - They've since "retired" that word with this latest inflation debacle happening.
@factasuntpotentioraverbis5631
@factasuntpotentioraverbis5631 2 жыл бұрын
2% inflation was transitory. ECB are following the same foot steps
@clutchpedalreturnsprg7710
@clutchpedalreturnsprg7710 2 жыл бұрын
Anyone involved with the f.r. is a wolf.
@viktorroderer9809
@viktorroderer9809 2 жыл бұрын
Mister JOHN KENNEDY, you are the for the american people. thank you so much. 💪👍💙💙💙🙏❤
@michaelc1063
@michaelc1063 2 жыл бұрын
🤡🤡🤡
@rindybell7798
@rindybell7798 2 жыл бұрын
@@michaelc1063 🥒🥒🥒
@aperson3046
@aperson3046 2 жыл бұрын
I love Kennedy, another true American
@ajcrum3689
@ajcrum3689 2 жыл бұрын
love Him ! he goes after the reckless people thank god for this man .
@michaelc1063
@michaelc1063 2 жыл бұрын
🤡🤡🤡
@rindybell7798
@rindybell7798 2 жыл бұрын
@@michaelc1063 🐖🐖🐖
@TheMissa500
@TheMissa500 2 жыл бұрын
Look how aggravated Mr. Chairman was acting for a bit wow !! Love Mr. Kennedy
@karenfleischer7095
@karenfleischer7095 2 жыл бұрын
We need to build manufacturing companies to make the products that we did, that we normally buy from overseas To sustain our Economy
@robertroetter5317
@robertroetter5317 2 жыл бұрын
Producing our own energy oil, gas, coal would be start, reduce mfg.cost. inflation. Solar, wind too far off and would need to be competitive w/o subsidiesvehich would slow development and pad pockets of politicans and friends. Nuclear may be good, subs and aircraft carriers are powered by them and they would leave small footprint. We could sell energy for profit.
@ameliadayvault9470
@ameliadayvault9470 2 жыл бұрын
We were doing that under the Trump Administration. He had policies in place to help small businesses and to encourage corporations to bring manufacturing back to the US. He was cutting down costly and useless government regulations.
@daryldevita9116
@daryldevita9116 2 жыл бұрын
I agree 100%, didn't we just see a president attempt what you state, and the entire MSM, Dems and many Republicans fought tooth and nail against it... Our politicians on both side are globalists, not all but most.
@charleshodgdon6168
@charleshodgdon6168 2 жыл бұрын
@wnc817 in many cases, we just need the federal government to stay out of people's business. We import items that we make or grow in excess here. Farmers who grow cherries must dump a percentage of them in a pile to rot. They can't sell them or allow people to take them for free. This is to support the purchase of foreign produce.
@altamau8678
@altamau8678 2 жыл бұрын
@@ameliadayvault9470 yes, agree! And the swamp destroyed it all! They are to blame for the downing of the USA.
@sandyhardy3419
@sandyhardy3419 2 жыл бұрын
Love this man !!! Kennedy is my long lost cousin ….straight shooter & patriot !
@sandyhardy3419
@sandyhardy3419 2 жыл бұрын
You’re mistaken he asked not to let the deck go any higher that is his main focus…
@glengilbow8068
@glengilbow8068 2 жыл бұрын
The answer is simple, “any debt” is too much! It means you spend more than you earn, we as citizens would be put in jail for writing hot checks yet they do it every minute of every day!
@We_Are_Borg_478
@We_Are_Borg_478 2 жыл бұрын
B-but Biden is a nice guy! His favorite ice cream is mint chocolate. You're just a racist!
@AnthonyMartinez-ym8nr
@AnthonyMartinez-ym8nr 2 жыл бұрын
@@We_Are_Borg_478 🤣🤣🤣🤣🤣
@Adubs917
@Adubs917 2 жыл бұрын
@@We_Are_Borg_478 😂😂👍🏻
@despoticmusic
@despoticmusic 2 жыл бұрын
All fiat currency in circulation is debt. That’s just a fact...
@sherrieshaw1484
@sherrieshaw1484 2 жыл бұрын
Love Mr. Kennedy. Stay strong and get things done!!
@ChildofYAH_
@ChildofYAH_ 2 жыл бұрын
LOL Look at this cowering fool graveling to an unelected banker ruling over the American economy!
@trevorreznik3908
@trevorreznik3908 2 жыл бұрын
@@ChildofYAH_ haha. You sound so self righteous. You must give all your earnings to the lord.
@michaelc1063
@michaelc1063 2 жыл бұрын
🤡🤡🤡
@rindybell7798
@rindybell7798 2 жыл бұрын
@@michaelc1063 👶👶👶
@chriskirsten8221
@chriskirsten8221 2 жыл бұрын
DEFUND THE FED!!!!!!!!!!!!!!!!!!!!!!!!!!! END THE FED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
@edmorse3529
@edmorse3529 2 жыл бұрын
We the American people CAN'T afford this corrupt admin!!!!
@Basedlander-k1m
@Basedlander-k1m 2 жыл бұрын
But you afforded the previous corrupt administration 8 trillion Dollar deficit. But we wont talk about that here since it doesn't fit you're narrative.
@edmorse3529
@edmorse3529 2 жыл бұрын
@@Basedlander-k1m apparently you voted for this corrupt criminal politician who is trying destroy our country!! JB killed the keystone pipeline and all of those job. Paying higher for gasoline and look at the inflation Opening up our border and a failure to secure them!! JB is breaking his oath and law and everyday and not protecting our country and the American people Afghan is the ultimate disgrace to the American people and our country So it’s apparent you love this admin. That’s your opinion
@Basedlander-k1m
@Basedlander-k1m 2 жыл бұрын
@@edmorse3529 trump killed 800000 due to his incompetence from handling the covid situation also friendly reminder during trumps presidency goods rose 6.7% oh and remember that border crisis that happened during trump? And how he released over 5000 taliban soldiers including the leader of the taliban who took over Afghanistan? It's apperent you loved the previous administration. That's you're opinion come back when you've got something better little boy.
@edmorse3529
@edmorse3529 2 жыл бұрын
@@Basedlander-k1m maybe you need to get your facts straight.
@Basedlander-k1m
@Basedlander-k1m 2 жыл бұрын
@@edmorse3529 maybe just maybe u can't accept these facts because they don't fit you're narrative 🤷‍♂️
@jeffreymarshall4572
@jeffreymarshall4572 2 жыл бұрын
We are so screwed. Our politicians will never, ever see times “good enough” to pay down debt.
@mr3817
@mr3817 2 жыл бұрын
What you are saying means that the Dollar collapse is inevitable. In that case, we either return to sound money (Gold/Silver) OR Totalitarian CBDC.
@NoahBodze
@NoahBodze 2 жыл бұрын
No. The ones who understand it see it. They just know they won’t be in office for the time everyone hangs for what they’ve done to our money.
@Ryan-hi9dm
@Ryan-hi9dm 2 жыл бұрын
We'll be fine. Saint Doge has bestowed us with a fallback.
@dbmail545
@dbmail545 2 жыл бұрын
How good will times have to be to pay down any significant portion of 30 trillion dollars? America has become like a gambling addict or credit card abuser that has WAY more debt than he can ever pay off. His, and our only strategy is to seek any credit that we can get at whatever terms to maintain their lifestyle for as long as possible. Perhaps the crash of the dollar will force fiscal restraint on this government, but I doubt it. Civil war is more likely.
@mikekaroules2820
@mikekaroules2820 2 жыл бұрын
Like saying that when a drug cartel's supply of cocaine is way more than demand and , therefore should just give away the oversupply. Our government isn't about to pay off the debt in good times . They can't help themselves. Our elected officials will spend it like it's going out of style. Same thing in dire times. They can't help themselves. Our elected officials will spend what they don't have . Yes ; whether they have it or don't have it . They will spend it .
@jdabudman
@jdabudman 2 жыл бұрын
Everything is connected 🌊🌊🌊
@murielsmith8922
@murielsmith8922 2 жыл бұрын
Like Mohammed Ali said, " float like a butterfly, sting like a bee". The gentleman is a real gem. Too bad there are not more like him in Congress.
@christopherarnold352
@christopherarnold352 2 жыл бұрын
Why is it always “bring in more taxes” and not spend less?
@johannaroets7496
@johannaroets7496 2 жыл бұрын
Mr Kennedy you are great. God bless from SAfrica
@ramongomez4054
@ramongomez4054 2 жыл бұрын
0.25% fed funds rate shows there is no Federal reserve independence, it's an agency that works for the banks and stock market investors. not the people. Propped up stock market and all these hedge fund companies driving up rents and buying up homes. I'm a delivery driver and may not know much but I can see BS.
@laurarichter6462
@laurarichter6462 2 жыл бұрын
BS indeed, and you hit the nail on the head!
@laurarichter6462
@laurarichter6462 2 жыл бұрын
Rents have doubled even tripled in the last 6 months to a year. Housing market skyrocketed in the last 6 months! Paying up to 25% percent over the asking price just to purchase before someone else does! This is criminal
@crescentprincekronos2518
@crescentprincekronos2518 2 жыл бұрын
You forget those individuals you named are "the people" too. Class warfare is real for a reason. Money makes you dehumanize all, even yourselves by reducing it down to money.
@terresadarragh6556
@terresadarragh6556 2 жыл бұрын
I love this mam John Kennedy. Tuff hard. But cares deeply about our Country an the USA. An every American. TY YOU JOHN.
@princez413
@princez413 2 жыл бұрын
End The FED.
@BRAgi-zs3mf
@BRAgi-zs3mf 2 жыл бұрын
I'm beginning to really appreciate Kennedy a senator who is worth his salt. Does a wonderful job with the welfare of everyone in the country at heart. God bless him.
@fredataylor8936
@fredataylor8936 2 жыл бұрын
Hes Great!!
@nikushim6665
@nikushim6665 2 жыл бұрын
Meh, i lived in Louisiana long enough so say non of their elected officials are "worth their salt", corruption is culturally part of politic's there and has been since it was french colony. There is a reason most of the state is a sinking shithole. Hell its not uncommon to see the Feds raid a state owned/funded facility there multiple times a year.
@Bloodsaber64
@Bloodsaber64 2 жыл бұрын
When you stop making your mortgage payments, the cops come and evict you from your land. What do you think happens when a country stops making its debt payments?
@chrisstitches4567
@chrisstitches4567 2 жыл бұрын
We go to war again. Haven't you read a history book? The elites spend is into debt and then send us and our children to kill the people we owe. Political slaves is all we are as long as we allow these people who would trade our freedoms for their own personal gain.
@CloudSephiroth
@CloudSephiroth 2 жыл бұрын
The world police come and evict us out of America or nothing happens when a country doesn’t pay its debt if it’s the worlds currency. 🤷🏾‍♂️
@Bloodsaber64
@Bloodsaber64 2 жыл бұрын
@@CloudSephiroth its more commonly known as war
@bamahama707
@bamahama707 2 жыл бұрын
Unfortunately, Mr. Powell's office and duties were ALREADY politicized long before Senator Kennedy made his remarks. Sigh.
@mr3817
@mr3817 2 жыл бұрын
The inherent role of Central Banks is to Monetize Deficits. THAT is why the Central Bank is inherently political. This fact is denied by 99.9% of Economists
@theakountant8444
@theakountant8444 2 жыл бұрын
@@mr3817 It's sad, really. I'll believe they are independent once the Fed tells the government "NO" when they ask to spend more than we take in for taxes.
@michella0713
@michella0713 2 жыл бұрын
That's my man.. LOVE JOHN KENNEDY ❤
@scottym.9077
@scottym.9077 2 жыл бұрын
When our senators are literally begging the central banking system, you know the nation is lost.
@mr3817
@mr3817 2 жыл бұрын
What you are saying means that the Dollar collapse is inevitable. In that case, we either return to sound money (Gold/Silver) OR Totalitarian CBDC.
@scottym.9077
@scottym.9077 2 жыл бұрын
@@mr3817 sounds about right. Plan accordingly.
@LebronCCP
@LebronCCP 2 жыл бұрын
@@mr3817 water/guns trump gold/silver
@dc4632
@dc4632 2 жыл бұрын
@@LebronCCP it's about to eat gold and then fiat
@donaldsowers213
@donaldsowers213 2 жыл бұрын
The central banking system is the problem, that's why they're begging Powell. U people don't even have a choice, u have the illusion of choice. Both parties, the majority of each party is bought off and ur presidents have been hand picked since Lincoln was killed, then jfk, and the only reason trump hasn't been killed is because there are too many cameras. U guys need to let go of thing u love the most to get out of this shit, that thing is Money. Oh and by the way, it's not called the dollar, it's the federal reserve note.
@802Leith
@802Leith 2 жыл бұрын
The question should be if it costs 5 dollars in debt to generate one dollar in income when is that sustainable? If the income generated will never service or pay back the debt. It seems there should be a payout for increasing debt . if we keep borrowing to just buy food, or social services rather than investing in an income stream that will payout over 5-10 years like energy or large capex projects like the power grid, highways system, theTN valley authority or the hoover dam, this is unsustainable reckless borrowing , NO?
@ericvulgate
@ericvulgate 2 жыл бұрын
they make it up as they go. money is literally 'make-believe'
@rebeccaperez5938
@rebeccaperez5938 2 жыл бұрын
Crappyfornia Politicians...
@miquelbiggs5721
@miquelbiggs5721 2 жыл бұрын
It’s called kicking the can down the road
@beaconterraoneonline
@beaconterraoneonline 2 жыл бұрын
We must demand a full audit of the Federal Reserve, and it should be audited on some frequency.
@Gotblade
@Gotblade 2 жыл бұрын
This has been asked before. Now it's considered credible the raising the debt ceiling is a way to pay off old debt. The actual answer is any debt is too much. If not nobody should ever be expected to pay for anything. The example being set by government is not what we voted for.
@AbandonedMaine
@AbandonedMaine 2 жыл бұрын
That's why reading Alexander Hamilton's 3 reports to Congress on national banking, national credit and infrastructure should be required reading instead of the money cult passed of as economics.
@fortunateson2
@fortunateson2 2 жыл бұрын
@@AbandonedMaine Keynesians all they know is to print money.
@AbandonedMaine
@AbandonedMaine 2 жыл бұрын
@@fortunateson2 As opposed to the cargo cult belief that money is supposed to magically be created by the market?
@RenegadePawn
@RenegadePawn 2 жыл бұрын
I believe it's precisely what we voted for, or we wouldn't keep voting for politicians who continue to increase the national debt.
@Gotblade
@Gotblade 2 жыл бұрын
@@RenegadePawn except that voting for someone who won't is likely a vote for someone looking to be bought to go against what they promised on the campaign trail. 15 dollar minimum wage, universal health care, getting covid eradicated... Party doesn't matter, most promises don't matter. It's rare that there's an exception. Being an advocate for things continuing this way as if it's our just deserts is a vote against yourself.
@michaelwathen5501
@michaelwathen5501 2 жыл бұрын
We’re already way past too much..
@denisemiller1787
@denisemiller1787 2 жыл бұрын
Kennedy is an awesome senator!!! Really holds their feet to the fire!
@robziminskas2769
@robziminskas2769 2 жыл бұрын
Let’s Go Brandon!
@pauldurham30
@pauldurham30 2 жыл бұрын
So there is a limit, our current trajectory is unsustainable, but don’t worry because we haven’t failed yet and people thought we would fail a long time ago. Kind of like when on a plane crashing and they thought we would have hit the ground a while ago so they just say don’t worry, maybe there is no ground trust us but don’t look out the window.
@tbascoebuzz4782
@tbascoebuzz4782 2 жыл бұрын
Excellent analogy.
@mike60521x
@mike60521x 2 жыл бұрын
All these politicians have been watching looney tunes - they will step out of the airplane just before the plane crashes to the ground - just like bugs bunny
@georgemaximus694
@georgemaximus694 2 жыл бұрын
We are all living in borrowed times. They keep accumulating debt to spend and enjoy now and expect future generations to pay them off.
@michaelc1063
@michaelc1063 2 жыл бұрын
Horrible analogy!!! The US Dollar runs the world. The worlds reserve currency backed by the US Military might!!! Till then keep your filthy lies and fear propaganda to yourself!!! POWELL THE GREAT!!!🇺🇸🇺🇸🇺🇸👍👍
@pauldurham30
@pauldurham30 2 жыл бұрын
@@michaelc1063 sorry to break it to you but the world chose the dollar not the other way around. It has not always been that way and one day will not be that way. To think otherwise is naive. The US military is not a guarantee of fiscal stability. It follows our economic productivity, which is in a free fall due to current policies. As the economy fails the military will fail after.
@timahrndt2496
@timahrndt2496 2 жыл бұрын
The Fed Res IS the last thing in the world that we actually "need"
@toddw6716
@toddw6716 2 жыл бұрын
What you want politicians doing it.
@BONGHITTAH420
@BONGHITTAH420 2 жыл бұрын
John Kennedy is awesome, I wish we had more people in office like him.
@kandis5576
@kandis5576 2 жыл бұрын
Love Love Love Kennedy- the man who always makes sense, and hits with a velvet glove,
@michaelc1063
@michaelc1063 2 жыл бұрын
🤡🤡🤡
@rindybell7798
@rindybell7798 2 жыл бұрын
@@michaelc1063 🥺😭🤣
@georgeleigh3552
@georgeleigh3552 2 жыл бұрын
I just love this man John Kennedy he speak the truth no bullshit him .
@mikenixon2401
@mikenixon2401 2 жыл бұрын
We love Sen. Kennedy.
@jeanetterichardson7450
@jeanetterichardson7450 2 жыл бұрын
He is a smart and straight shooter!
@johngalt6838
@johngalt6838 2 жыл бұрын
As much as people take as their dollar purchases less and less. That is their answer.
@butchtiller4008
@butchtiller4008 2 жыл бұрын
It took 4 minutes and 21 seconds to ask the question: at what point is too much? And his answer was pretty simple: "we don't know. But then he rambled on for another minute plus.
@kathycone5499
@kathycone5499 2 жыл бұрын
Listen to we the people for a change we can't afford to pay everyone else's bills .. we can barely afford our own bills for the American people ..
@coldcrush5921
@coldcrush5921 2 жыл бұрын
"The establishment of a central bank is 90% of communizing a nation." - Vladimir Lenin
@marcw6230
@marcw6230 2 жыл бұрын
We’ve also adopted most of the 10 planks of communism. Disgusting.
@TuTuFox
@TuTuFox 2 жыл бұрын
I LOVE KENEDY. HES A BLESSING TO THIS COUNTRY🇺🇲
@michaelc1063
@michaelc1063 2 жыл бұрын
🤡
@rindybell7798
@rindybell7798 2 жыл бұрын
@@michaelc1063 👹
@hesdeadjim66
@hesdeadjim66 2 жыл бұрын
Don't worry, we will know it's unsustainable when it's too late, the economy collapses and everyone is using garbage bags of money for bread. Then we will know how far for the next time... Well assuming it actually gets written down and taught in classrooms properly. I can hear the classrooms of the future now... The reason the economy collapsed and so many starved is because they didn't spend enough fast enough. Real deficit spending has never been tried.
@sunshinehippie70
@sunshinehippie70 2 жыл бұрын
This man has one of the very few in our government that has a brain!
@dublinoseven3279
@dublinoseven3279 2 жыл бұрын
Reaching the highest ceiling never makes for a softer landing when you hit the floor.
@michaelc1063
@michaelc1063 2 жыл бұрын
The floor moves 🤡
@rindybell7798
@rindybell7798 2 жыл бұрын
@@michaelc1063 Your mom moves 🐄
@thomashimes644
@thomashimes644 2 жыл бұрын
"I don't know." That answer should disqualify Powell from continuing as FED chairman. That is grossly irresponsible.
@annmarie2730
@annmarie2730 2 жыл бұрын
We have too much debt now
@annie7264
@annie7264 2 жыл бұрын
Don’t you just love Senator Kennedy! Love his questioning!
@pattepurcell1725
@pattepurcell1725 2 жыл бұрын
End the Fed!
@catherinemagee5327
@catherinemagee5327 2 жыл бұрын
How I relish listening, learning from, and watching Senator Kennedy! Thank you, fine sir.
@kennycab3374
@kennycab3374 2 жыл бұрын
I love how that beautiful woman sitting behind Kennedy had focus eyes on Powell as Kennedy lectured him.
@joelcampbell1491
@joelcampbell1491 2 жыл бұрын
Like Kennedy Like his style
@shannonwilliams7376
@shannonwilliams7376 2 жыл бұрын
As being the world leader, why are we needing to borrow, oh that’s right we send all our Taxed money to help other Countries . Which it never makes it there but ends up back in Lobbyist & Politician’s pockets . Don’t get me wrong on Senator Kennedy he is a great Senator with Morals and Honesty!!!!
@Stevexnycautomotive
@Stevexnycautomotive 2 жыл бұрын
Its fake dollars. They can not become God with out the people faith, no matter what it is. Power is a delusion of illusion in a losing game.
@darlatidwell6255
@darlatidwell6255 2 жыл бұрын
At least he asked. Powell was just following the leftie script of deflect and distract. It seemed to not really matter to anyone besides Kennedy in their discussion.
@martinlutherkingjr.5582
@martinlutherkingjr.5582 2 жыл бұрын
$1 of debt is too much if you have no intention of paying it off.
@Greg-nq4dj
@Greg-nq4dj 2 жыл бұрын
John Kennedy should have put it to powell like this if you f us over we will get you we will not forget you we will get you
@cajunjamis9001
@cajunjamis9001 2 жыл бұрын
. END THE FED !!!
@brendakaster4690
@brendakaster4690 2 жыл бұрын
Love him
@Bossman_71
@Bossman_71 2 жыл бұрын
Just kicking the can down the road
@muddyleverton8700
@muddyleverton8700 2 жыл бұрын
#GodBlessSenatorKennedy!!
@WFMGINC
@WFMGINC 2 жыл бұрын
That's the problem what Kennedy say, "YOU WILL BE ONE OF THE MOST POWERFUL PEOPLE". The question is, "FOR WHOM"?
@rickrouse7865
@rickrouse7865 2 жыл бұрын
This sounds like the Titanic is sinking and they're debating how to shuffle the furniture
@natashaeagle8819
@natashaeagle8819 2 жыл бұрын
Thank You Sen. John Kennedy ........
@MichaelSHartman
@MichaelSHartman 2 жыл бұрын
When one spends more than their income year after year, keeps setting a limit and breaks it time after time, and pays their credit card bills with credit cards at higher rates, most people would say the time is near. That debt line is similar to an exponential curve to me, which means the debt will grow faster with each year until it is near vertical, possibly in the next ten years. Other countries are abandoning our currency.
@williamchandler2558
@williamchandler2558 2 жыл бұрын
We can never pay off this debt
@plumbproud5292
@plumbproud5292 2 жыл бұрын
I don't like when they bring up how powerful a person is. They shouldn't need to be powerful to do what is best for the American people. Who cares about being powerful. Just do your job to the best of your ability.
@cadebruce4401
@cadebruce4401 2 жыл бұрын
the point is to impart the wide-reaching and longterm ramifications of anything they do, an important perspective which can help them make the right decisions and deliberate more carefully. If you don't recognize how much power you have, you also don't recognize how much responsibility you have.
@plumbproud5292
@plumbproud5292 2 жыл бұрын
@@cadebruce4401 good point.
@hiotsobo
@hiotsobo 2 жыл бұрын
END THE FED before we can no longer buy food with our currency
@Mutasis_Mutandis
@Mutasis_Mutandis 2 жыл бұрын
Love John Kennedy💕
@Lisa-qs1xd
@Lisa-qs1xd 2 жыл бұрын
Demand for our paper is very strong.... Demand for our paper............
@rReflections
@rReflections 2 жыл бұрын
Look at that chart. And yet I have collection agencies up my ass about a past medical bill not to mention trying to get a loan
@DeftTouch
@DeftTouch 2 жыл бұрын
The world is watching
@jeffreyrudolph5061
@jeffreyrudolph5061 2 жыл бұрын
We don't do fiscal spending , thats for our operatives.
@jds6014
@jds6014 2 жыл бұрын
Yet nothing is being done.
@Zero_2500
@Zero_2500 2 жыл бұрын
“We need to get back to…. not letting the debt grow faster than the GDP” This is the guy running the Fed? I guess it really is all about who you know.
@zlonewolf
@zlonewolf 2 жыл бұрын
@zero uh becos thats common sense? Dump ast. Get an education. Use your brain.
@williamrobbins5562
@williamrobbins5562 2 жыл бұрын
How come no one ever suggests John Kennedy for president? Every time he is faced with a nominee with an opposing view to his own his common sense questions clearly show him to be the adult in the room
@Make_Ukraine_Russia_Again
@Make_Ukraine_Russia_Again 2 жыл бұрын
Both did excellent. Good to hear John Kennedy wants to raise taxes on the rich's extra money.
@bobg.3206
@bobg.3206 2 жыл бұрын
How is that good? Which part of their money is "extra"? Who's going to decide that? Is it your feeling that government will spend that money better than the people who earned it? That is a horrible prospect. Given what the "rich" do with their money, I could see a significant reduction of their tax liability, but raising it will just move that money into places where it can't be legally accessed. You're just taking it out of circulation in the US and putting it into circulation in another country that will serve as a tax haven. The rich will have even more money and it will never make its way into our economy to buy goods or services and drive some segment of the economy.
@Make_Ukraine_Russia_Again
@Make_Ukraine_Russia_Again 2 жыл бұрын
@@bobg.3206 They put their money in overseas tax havens anyways. That's why a strong IRS and using the SWIFT system to freeze fleeing assets are cornerstones of responsible fiscal policy.
@bobg.3206
@bobg.3206 2 жыл бұрын
@Epstein, Cuomo, & Clinton Babysittin..., I agree, but how much of that money came back onshore when Trump won because they knew the US was about to become a friendlier place to have money, personal and corporate? It isn't anybody's money but theirs. As soon as we get adjusted to government thinking it theirs by saying it's all of ours, the sooner we will be looking at a European-styled system, where they don't stop with the rich.
@Make_Ukraine_Russia_Again
@Make_Ukraine_Russia_Again 2 жыл бұрын
@@bobg.3206 Nah, we can just go back to the rates we had during the US's heyday in the 1940s-1970s.
@Lurch685
@Lurch685 2 жыл бұрын
@@Make_Ukraine_Russia_Again rich people do not exist to subsidize your existence. You are not entitled to a share of anybody else’s wealth.
@StrikeTheRoot
@StrikeTheRoot 2 жыл бұрын
the last thing we need is the Federal Reserve. End the Fed.
@fourierrocket
@fourierrocket 2 жыл бұрын
The last several videos have had very poor audio volume
@rolandboeing7477
@rolandboeing7477 2 жыл бұрын
Poor audio volume or only one side to hear 👂!
@rickibristowe3458
@rickibristowe3458 2 жыл бұрын
Remember how in Rocky, If you couldn't pay your debt, Rocky would be told to break fingers? Maybe, this will only cost you a ...
@tonycamaj7243
@tonycamaj7243 2 жыл бұрын
One of a handful of Republican senators that I truly respect and trust.
@chrisgerhart5701
@chrisgerhart5701 2 жыл бұрын
Senator Kennedy...thank you for your service and thank you for the supermodel behind you!
@peterpeplinski9923
@peterpeplinski9923 2 жыл бұрын
The constitution sais congress shall print money and regulate the value thereof. I like Mr Kennedy but he's wrong here all our problems are being caused by an independent fed.
@lakecountynaturalist7617
@lakecountynaturalist7617 2 жыл бұрын
"I'll address the debt over time." Can I tell that to VISA and Mastercard???
@lucthien601
@lucthien601 2 жыл бұрын
John Kennedy : 'How Much Is Too Much' Debt? Powell : It's not my money so it will never be too much !
@patriciaeasterday2125
@patriciaeasterday2125 2 жыл бұрын
Senator Kennedy is a GREAT gentleman. 🇺🇸🇺🇸🇺🇸🇺🇸
@stoney4201100
@stoney4201100 2 жыл бұрын
🤣🤣🤣🤣🤣🤣🤣🤣... "Good luck" 🤣🤣🤣🤣🤣🤣🤣🤣
@user-tn2os8ts7h
@user-tn2os8ts7h 2 жыл бұрын
Holy fuck finally someone that could answer a damn question
@papairengcb01
@papairengcb01 2 жыл бұрын
Like 👍👍
@teakettle7021
@teakettle7021 2 жыл бұрын
This was the best part of this hearing. Glad it got clipped.
@joltinjack
@joltinjack 2 жыл бұрын
With inflation, the debt becomes a problem when the debt service (interest) becomes a growing sector of federal spending, crowding out national defense and vital social programs.
@someoneelse.2252
@someoneelse.2252 2 жыл бұрын
Great respect for John Kennedy. (from Canada).
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