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I want to call out this particular point in my larger tweetstorm, because it sorta maps onto a dumb talking point from the left: "The government can borrow and spend any amount we want. American *can't* have a Greek-style debt crisis, because we borrow in our own currency!"


My right-wing followers, of course, understand why this won't fly: America borrowing in dollars, and under US law rather than some neutral third country, is not a law of nature. People with money could easily decide it was too risky to make us dollar-denominated loans.

(Or at least, at any price we'd want to pay.)

What would make them decide this? The fastest way would be for America to borrow a metric crap ton of money, and then default or let inflation eat away the value of our loans so we're repaying pennies on the dollar in real terms.

And since the "America can't have Greek-style debt crisis" talking point is genreallly only uttered by people who are urgin gus to do exactly the sort of thing that make it more likely we'll have trouble borrowing money in dollars, this is just deeply, deeply silly.

I mean it would probably work for a while--as Adam Smith said, "There's a lot of ruin in a nation". I am prepared to concede that the natural stopping point of this binge might be quite a few years away. I only say there is some stopping point.
In fairness to Lance, the government has absolutely failed to modernise and upscale customs and border systems - and he is right to be outraged, but either way, he will still experience the full array of third country controls - all of which are a consequence of leaving the EEA.


But by the same token, the Brexit Party was at every point in the process demanding a walkout - which would have landed him with disruption worse than at present with tariffs that would have killed exports anyway.

At best, though, even if those "teething troubles" are resolved, food produce is still looking at an inspection rate of 20%, all at random, the the SPS paperwork, along with finding a responsible importer is a fixed feature of being outside the single market.

could and should have known this. It was in the Notices to Stakeholders. Moreover, he had the research facilities of the European Parliament at his disposal which he could have used for the benefit of his entire industry. So what was he doing with his time there?

None of what is happening at the border comes as any surprise to us because well in advance of the referendum we produced a plan, looking at the consequences of each option. The Brexit Party, despite its massive resources, elected not to do this kind of groundwork.
Dear @solomon_rep,

I saw saw the proposed bill you presented at @HouseNGR. My question is simple: How is this bill going to change the ineffectiveness of the LGA? How will further disempowerment of the LGA get it closer to the people?


Has the @HouseNGR ever challenged State Gvnors for not releasing funds to their LGA? If Gvnors do not give the funds that a constitutionally the right of the LGA, how then do you think they will fund it when it isn't a constitutional tier of Govt? These should be how we think

We should ask questions first when a problem exists, after which we can investigate one state in each region, then you have the appropriate committee brainstorm on d best cause for action that gets governance to the people. This eliminates any short sightedness in pushing a bill

Has d LGA elections been a reflection of the people's will? Why is the LGA election held by the SEC rather than by INEC? Why do we have all LGA in a state like Lagos owning a broom? Similarly some states having most LGA if not all using an umbrella? We should ask these questions

This brings me to the real reason why the LGA has continues to fail.

It has fail mainly because "The State Joint Local Government Account(SJLGA)"

When the LGA has revenue in its jurisdiction but the state govt fight them over jurisdiction. They can't get their own IGR.
#CIA #4amTalkingPoints

Thank goodness The President golfs regularly.

We should all golf, or walk, or run, or bike, or climb, or roll more regularly.

#ExerciseIsAn8LetterWord


https://t.co/EpNGv0dVEz

#TheresAnEchoInHere

#CIAtactics


#https://www.rawstory.com/ =
TrumpDerangementSyndrome on steroids

Rockin the deep state


The #Failed #LuceFamilyCon


Another East Indian #rag hating on The President. For exercising, while he contemplates and converses with trusted friends. #LunaticLeft