Were Massive National debt, the United States is a 23 trillion growing just the interest on that alone is greater then the Gross Domestic Product of some nations. I liked President Trumps state of the union speech the other night except he didnt talk about cutting a single Government Program or the rate of increase in spending. This is the only nonpartisan thing that happens is spending. You can always get more. A second contribution to the decline of great nations and superpowers and employers as uncontrolled immigration without assimilation. We want people to come to america that we want them to come legally and in an orderly fashion and then to be assimilated like the immigrants of the past and become fully american, not hyphenated americans as we have too often today. Then there is the moral sense contributing to the decline of great nations. In America Today there is a song in the 1930s anything goes. If you say stop or this is too far, you are immediately announced as a bigot or
Roll call. [roll call] we have a quorum. Item 3. Were going to go into closed session. We need a motion to do that and ill ask for Public Comment after that. I move we go into closed session. Moved and seconded. Is there any Public Comment . When we come back into to Public Session ill review the Public Comment rules. All in favor say aye. Aye. Opposed first item is to report out of closed session. We need a motion. I make a motion. Second. Is there Public Comment . All those in favor say aye. Aye. Rules of Public Comment are the standard rules. Well limit testimony to three minutes on any item people may want to talk about. Please read the rules that are posted with the agenda in case you are not familiar. To start with Public Comment i will recognize mr. Winier. He called me wiener. My apologized. I wish to mention the passing of peter ash, who was the former commissioner on this board. In honor of his memory in the marine core Heritage Museum because of the service in the United Sta
Were going to go into closed session. We need a motion to do that and ill ask for Public Comment after that. I move we go into closed session. Moved and seconded. Is there any Public Comment . When we come back into to Public Session ill review the Public Comment rules. All in favor say aye. Aye. Opposed first item is to report out of closed session. We need a motion. I make a motion. Second. Is there Public Comment . All those in favor say aye. Aye. Rules of Public Comment are the standard rules. Well limit testimony to three minutes on any item people may want to talk about. Please read the rules that are posted with the agenda in case you are not familiar. To start with Public Comment i will recognize mr. Winier. He called me wiener. My apologized. I wish to mention the passing of peter ash, who was the former commissioner on this board. In honor of his memory in the marine core Heritage Museum because of the service in the United States army. I simply was to mention his memory. I t
A discrepancy between the stock and the bond markets for the past year and a half 2 years that weve been noting that bond markets are pricing in and looking like theres total disaster on the horizon stock markets are at all time highs so which is that right u. S. Treasury says it is gearing up to issue a 50 year bond the federal deficit as you know is up 26 percent last year its at 984000000000. 00 again that was to feed the one percent because remember they got a trillion dollars worth of tax cuts and obviously something had to pay for that was the future the future generations are going to pay for those tax cuts 984000000000. 00 deficit and 2019 so here theyre looking at issuing a 50 year bond to pay for those crybabies today extend and pretend so theres no was another bond to extend the maturity theres always another Quantitative Easing Program or a rate cut theres never not been a rate cut environment for 40 years now all over the world theres been over 600. 00. Cuts by various Cen
Economy because the u. S. Wont do it for itself china will do it for the u. S. In the form of announcing as a surprise 20000. 00 tons of gold and the introduction of a gold backed cryptocurrency this will kill the u. S. Dollar better than a doornail and it will be a harbor type of and its coming in the next 6 to 9 months but the domestic situation here and of course were in new york city so that means Everybody Knows who watch the cable news you see it culturally and politically the top one percent who are represented on the cable news are having a breakdown about the political situation that its all doom and gloom and yet the rest of the world if the rest of the country if you drive across the country youll see nobodys hysterical like them nobodys constantly triggered like them so again we come back to the economy and the tale of the 2 economies this is theres been a discrepancy between the stock and the bond markets for the past year and a half 2 years that weve been noting that bond