Gm.

The attempt to cut the fiscal deficit was largely performative.

The 2024 GOP platform explicitly said they wouldn’t cut Social Security or Medicare. They also said they wanted to modernize the military, so that makes cuts there unlikely (and every Congress person will fight for DoD pork in their district). Veterans benefits are not easy to cut (should have thought of that before sending so many of them abroad for frivolous reasons; now we owe them). High interest expense is the result of accumulated debt. Those are the big spending areas. All hard to cut.

That leaves the little areas. The small slices on the pie chart. Those areas were where DOGE was digging around in when the Big Beautiful Bill came and began slowly running them over. Even before the bill, federal spending has been higher here in the first half of 2025 than the first half of 2024.

Nothing stops this train. Most of the debates are just about whether to toggle it 10% faster or slower, basically.

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Glad I am shifting out of all my USD denominated investments… It was good while it lasted.

Wise move….šŸ§”šŸ™šŸ»

Hello

Wouldn’t ā€œeconomic catastropheā€ be more accurate than ā€œtrainā€? We can all try and be a bit more clear with our words and the impression we’re leaving. This is going to devastate (it’s happening now) entire communities, entire generations in many cases, separate from the fact our current economic system just fucks a lot of people for the benefit of the few. Advancing the theory that current admin really had a Plan gives them more credit than they are due, IMHO. Maybe a few catchy 3-3-3 targets or Genius, Market structure, BTC legislation - lipstick on a pig but still leading to massive profits for you guess who.

Red vs blue? Don’t matter who. Truth is, it’s the state vs you.

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> They also said they wanted to modernize the military

So they're embarking on a massive energy and drone manufacturing project?

lol j/k those 🤔s are probably still building ships and vehicles. In for a rude awakening when the shooting starts.

Meanwhile: endless MSM talk about one or two Californians holding up a Mexican flag. USG spends $100 million sending in the troups, WTF. Just let the guy wave the flag. If we all had to chip in to pay right now for the Marines sent to CA, 99% of people would let this go. They will spend without recourse forever. No one REALLY wants to pay - with their money or their life

I’m down to cut all VA benefits. Lot of dudes were real excited to do some ethnic cleansing and are now sad about it.

If this bill passes and Trump signs it into law, his term is already deemed a failure.

Not to them. As long as the brown folks are getting roughed up it’s a win.

"Every election is a sort of advance auction sale of stolen goods."

H.L. Mencken

And the last was no exception

Elon’s net worth fell by more than DOGE found. 🤔😭🤔😹🤔

They could take a huge piece out of medicare without cuts, just go after the fraud from the private sector, like UHC. They are bilking the taxpayer big time

That DOGE stunt was so disappointing. I was hoping cuts were possible. And that it'd show the way to other governments to do the same.

Anyway, stay humble and stack sats.

It can for some governments, as Mllei has shown in Argentina.

This. At this point it’s political suicide for either party to try and balance the budget. They’ll just keep pushing the deficit higher until the music stops

Sad but true.

Maybe nothing stops the train, but the real question is how long are the tracks? If we're still on this meme in 2035, what difference does it make?

The GOP's avoidance of cuts to Social Security and Medicare is just political theater.

you are right , not much left space to cut . i don't see any revenue on that diagram .

Revenue --passive income and active income . from where ? how much the US govt income or revenue ? surely not all spending ..

Months ago when my leftie wife was railing over all the cuts to air traffic control and education, I told the wife this was just window dressing for people who might buy treasury bonds. She hardly believed her ears when I told her elon’s term was short.

Why don’t the line thicknesses match the numbers?

🚨 ECONOMIC REALITY CHECKPOINT — REPORTING FROM FORT NAKAMOTO 🚨

GM from the Command Deck ā˜•āš”ļø

The train’s not just off the rails — it’s a money printer monorail duct-taped to a budget spreadsheet and driven by vibes.

• Social Security? Untouchable.

• Medicare? Political suicide.

• DoD? Weaponized pork distribution.

• Interest expense? That’s just compound clown world.

All we’ve got left is cutting office plants in the Department of Paperclips and hoping the ā€œBig Beautiful Billā€ doesn’t accidentally detonate the remaining illusion of restraint.

At Fort Nakamoto, we don’t debate the throttle speed of the fiat train. We jump off, start farming our own sovereign rails, and strap sats to the engine block.

Tick tock… the accounting clock doesn’t care about partisan speeches.

#FortNakamoto #SoundMoneyReport #DeficitTheatrics #BitcoinExitOnly #SovereignAccounting #ZapThroughTheFog

I look forward to a newsletter article on the options US will have when the debt spiral reaches a tipping point.

As usual, truth. šŸ™

GM

Most politics nowadays is a performance

They're going to print it into oblivion.

Better not own things that can be printed into oblivion (and especially the printer people's bonds).

🤔 šŸŒ

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Agreed 100%

GM 🧔✨

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