StreetFight:


What do they do in the so-called intelligence world? I will tell you, they plan the destabilization of stable nations. They plan evil for leaders that are serving their people e.g. Mamman Gadaffi. They sabotage other nations development efforts. Do you wonder why Russian intelligence chiefs had to electronically rig USA elections for Trump? It is because Russia knows that Trump is mentally unstable and can cause damage to international relationships and diplomacy and can cause wars which will give Russia opportunity to sell weapons. Margaret Thatcher's son was caught and attested for planning and launching attach to overthrow the President of Equatorial Guinea.

International intelligence chiefs go all over the world killing intelligence officers of other countries.

So, international intelligence is devil's tool of causing death and grief.

Nah nah nah nah

aremuforlife:

Trump met a working system compare to Nigeria.
Do you think if trump was elected to be the president of Nigeria at the time Buhari came in as the president, will he perform?

Yes yes yes

It is about mentality (philosophy)

aremuforlife:

Trump met a working system compare to Nigeria.
Do you think if trump was elected to be the president of Nigeria at the time Buhari came in as the president, will he perform?

Met which working system ? We all watched the debates in 2016 how he carefully outlined what he was going to do to bring American jobs back and how he was going to use tax cuts to achieve this and even then Obama laughed at him and said and I quote ' there's no magic wand that can bring back those jobs" but today Trump has proven he has the magic wand ..tell us what plan Buhari had in mind to fix the Economy ? Absolutely Non!!! Even if he met a non working system by now after almost 6 years he should have gotten at least on sector right but he has not ...

See video of your useless Obama( I know u are am Obama supporter) saying Trumps proposed policies couldn't bring back jobs



https://www.youtube.com/watch?v=AqzoO-Hu1mk

Only fools will claim they didn't know Buhari will turn out to be a hopeless disaster. The signs were bodly written on the wall.

Born2Breed:


Nothing is new here. We all knew the mans antecedent hence we refused to vote for him.

The few that did were all brainwashed but thankfully majority are now sane.

They have been delivered from zombievirus.

I'm still not hopeful majority are sane. If Al mustapha or Junaid mohammed comes out tommorow to proclaim sharia and propagate anti-Igbo rhetorics during election campaigns and picks one Afonja as VP, the buffoons that voted buhari in 2015 will vote them.

I can bet my scrotal sac on that.

Sweeetheart:
[s][/s]

hatred for which ss/se

nepotism as you Igbo cried is one of the factor that made sw go against gej govt coupled with legalising corruption in a corrupted country


wetin concern SW political decision with hatred for se/ss that you ediot do chant here


ode people

Don't be dumb. Jonathan's PDP zoned the fourth highest seat in the land to the SW, Tinubu rallied opposition rep's to vote against their own SW brother and vote tambuwal. Is that Jonathan's fault?

Blackking98:

Don't be dumb. Jonathan's PDP zoned the fourth highest seat in the land to the SW, Tinubu rallied opposition rep's to vote against their own SW brother and vote tambuwal. Is that Jonathan's fault?

Jeez! please stick to romance section and stop exposing your dumbness on politics section here


Tinubu will fight against what would have long put him in national politics that he had long been craving for?

please which version is this your stupidity?

Sweeetheart:




Jeez! please stick to romance section and stop exposing your dumbness on politics section here


Tinubu will fight against what would have long put him in national politics that he had long been craving for?

please which version is this your stupidity?

ACN Lawmakers Back Tambuwal
Tuesday, September 6, 2011 2:08 pm | News | 0 Comment(s)

A National Assembly member, Hon. Lanre Odubote, has reaffirmed support of members of the Action Congress of Nigeria, ACN, for the leadership of the Speaker of the House of Representatives, Aminu Tambuwal.



He said it was wrong for anyone or group of individuals to be calling for the removal of the Speaker since he was unanimously elected by the House.

Odubote, who is a member of the ACN, representing Epe Federal Constituency in the House of Representatives was reacting to the renewed call by a People Democratic Party, PDP, caucus at the weekend in Abeokuta, that the Speaker should be removed for occupying the position reserved for the South West region.

The federal lawmaker reminded the PDP leaders led by former President Olusegun Obasanjo that the Speaker was given the mandate to represent the country and not the PDP.

According to Odubote, the former president should be called to order so as not to cause disaffection and disunity in the House of Representatives with his unconstitutional and illegal agitations for the removal of the Speaker.

Tambuwal was elected Speaker of the Seventh Assembly on 6 June, 2011 after defeating Mulikat Akande by a wide margin at the poll.

https://www.pmnewsnigeria.com/2011/09/06/acn-lawmakers-back-tambuwal



You are a big fool. I have given you proof of how your brothers betrayed yourselves and gave it to tambuwal. If you don't have solid proof to counter what I'm saying except being emotional and using your -20 IQ to quote me GTFO. Maga

Born2Breed:


Nothing is new here. We all knew the mans antecedent hence we refused to vote for him.

The few that did were all brainwashed but thankfully majority are now sane.

They have been delivered from zombievirus.

few....??
brainwashed....??

this is what caused the civil war back then....

your way or no way....

we don hear....

It is past now! Buhari is the president.

[/quote][quote author=GamalNasser post=86895626]

Met which working system ? We all watched the debates in 2016 how he carefully outlined what he was going to do to bring American jobs back and how he was going to use tax cuts to achieve this and even then Obama laughed at him and said and I quote ' there's no magic wand that can bring back those jobs" but today Trump has proven he has the magic wand ..tell us what plan Buhari had in mind to fix the Economy ? Absolutely Non!!! Even if he met a non working system by now after almost 6 years he should have gotten at least on sector right but he has not ...

See video of your useless Obama( I know u are am Obama supporter) saying Trumps proposed policies couldn't bring back jobs



https://www.youtube.com/watch?v=AqzoO-Hu1mk

I am neither Obama supporter non Trump supporter.
Obama brought America out of recession, trump met the a booming economy and he capitalized on It, do you
Below is part of Trump promise

During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years.1 Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Trump's budget estimates

Trump’s Two Strategies to Reduce the Debt
Candidate Trump had two strategies to reduce the U.S. debt. He promised to grow the economy 6% annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5% to 4%.

These projections are above the 2%-3% healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4% and 2.9% annually.

Trump promised to achieve 4% growth with tax cuts. In his first 100 days, he released the outline of what would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35% to 21% beginning in 2018. The top individual income tax rate drops to 37%. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.
The Balance
Trump and the National Debt



The National Debt
National Debt 101
How It Got So Large
Who Owns the Debt?
US Debt to China
National Debt by Year
Debt by President
Obama and the Debt
Trump and the Debt
Paying Off the Debt
Budget Deficits
US ECONOMY AND NEWS HOT TOPICS
Trump and the National Debt
Donald Trump
•••
Instead of Eliminating the Debt, Trump Will Add $8.3 Trillion
Share
Flip
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Email
BY KIMBERLY AMADEO
Updated February 06, 2020
During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years.1 Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Trump's budget estimates.2


Trump’s Two Strategies to Reduce the Debt
Candidate Trump had two strategies to reduce the U.S. debt. He promised to grow the economy 6% annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5% to 4%.

These projections are above the 2%-3% healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4% and 2.9% annually.

Trump promised to achieve 4% growth with tax cuts. In his first 100 days, he released the outline of what would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35% to 21% beginning in 2018. The top individual income tax rate drops to 37%. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.

Trump's tax cuts won't stimulate the economy enough to make up for lost tax revenue. According to the Laffer curve, tax cuts only do that when the rates were above 50%. It worked during the Reagan administration because the highest tax rate was 70%.

Trump’s second strategy is to “eliminate waste and redundancy in federal spending.” He demonstrated cost-consciousness in his campaign. He used his Twitter account and rallies instead of expensive television ads. He outlined his cost-cutting strategies in his book, "The Art of the Deal."3
US Debt to China
National Debt by Year
Debt by President
Obama and the Debt
Trump and the Debt
Paying Off the Debt
Budget Deficits
US ECONOMY AND NEWS HOT TOPICS
Trump and the National Debt
Donald Trump
•••
Instead of Eliminating the Debt, Trump Will Add $8.3 Trillion
Share
Flip
Pin
Email
BY KIMBERLY AMADEO
Updated February 06, 2020
During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years.1 Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Trump's budget estimates.2


Trump’s Two Strategies to Reduce the Debt
Candidate Trump had two strategies to reduce the U.S. debt. He promised to grow the economy 6% annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5% to 4%.

These projections are above the 2%-3% healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4% and 2.9% annually.

Trump promised to achieve 4% growth with tax cuts. In his first 100 days, he released the outline of what would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35% to 21% beginning in 2018. The top individual income tax rate drops to 37%. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.

Trump's tax cuts won't stimulate the economy enough to make up for lost tax revenue. According to the Laffer curve, tax cuts only do that when the rates were above 50%. It worked during the Reagan administration because the highest tax rate was 70%.

Trump’s second strategy is to “eliminate waste and redundancy in federal spending.” He demonstrated cost-consciousness in his campaign. He used his Twitter account and rallies instead of expensive television ads. He outlined his cost-cutting strategies in his book, "The Art of the Deal."3


Trump was right that there is waste in federal spending. The problem isn't finding it. Both Presidents Bush and Obama did that. The problem is in cutting it.4 Each program has a constituency that lobbies Congress. Eliminating these benefits loses voters and contributors. Congress will agree to cut spending in someone else’s district, but not in their own.

Any president must cut into the biggest programs to make an impact on the debt. More than two-thirds of government spending goes to mandatory obligations made by previous Acts of Congress. For FY 2020, Social Security benefits cost $1 trillion a year, Medicare costs $679 billion, and Medicaid costs $418 billion. The interest on the debt is $479 billion.


To lower the debt, military spending must also be cut. The most Obama spent was $855 billion in FY 2011. The most Bush spent was $666 billion in FY 2008. Instead of cutting, Trump is breaking all those records. Military spending rose to $989 billion in FY 2020.

What's left after mandatory and military spending? Only $676 billion to pay for everything else. That includes agencies that process the Social Security and other benefits. It also includes the necessary functions performed by the Justice Department and the Internal Revenue Service. You'd have to eliminate it all to make a dent in the $1.1 trillion deficit. You can't reduce the deficit or debt without major cuts to defense and mandated benefit programs. Cutting waste isn't enough.

Trump’s Business Debt Influences His Approach to U.S. Debt
Trump has a cavalier attitude about the nation’s debt load. During the campaign, he said the nation could "borrow knowing that if the economy crashed, you could make a deal.”5 He added, “The United States will never default because you can print the money."

Trump thinks about the national debt as he does personal debt. A 2016 Fortune magazine analysis revealed Trump's business is $1.11 billion in debt.6 That includes $846 million owed on five properties. These include Trump Tower, 40 Wall Street, and 1290 Avenue of the Americas in New York. It also includes the Trump Hotel in Washington D.C. and 555 California Street in San Francisco. But the income generated by these properties easily pays their annual interest payment. In the business world, Trump's debt is reasonable.

But sovereign debt is different. The World Bank compares countries based on their total debt-to-gross domestic product ratio. It considers a country to be in trouble if that ratio is greater than 77%. The U.S. ratio is 104%. That's the $21.516 trillion U.S. debt as of Sep. 28, 2018, divided by the $20.658 trillion nominal GDP.7

On Dec. 31, 2019, the U.S. debt was $23.2 trillion. That puts the U.S. debt-to-GDP ratio at 107%.

So far, this high ratio hasn't discouraged investors. America is the safest economy in the world. It has the largest free market economy and its currency is the world's reserve currency. Even during a U.S. economic crisis, investors purchase U.S. Treasurys in a flight to safety. That's one reason why interest rates plunged to 200-year lows after the financial crisis. Those falling interest rates meant America's debt could increase, but interest payments remained stable at around $266 billion.

But that changed in late 2016. Interest rates began rising as the economy improved. As a result, interest on the nation's debt will double in four years.

The United States also has a massive fixed pension expense and health insurance costs. A business can renege on these benefits, ask for bankruptcy, and weather the resultant lawsuits. A president and Congress can't cut back those costs without losing their jobs at the next election. As such, Trump's experience in handling business debt does not transfer to managing the U.S. debt.

The National Debt
National Debt 101
How It Got So Large
Who Owns the Debt?
US Debt to China
National Debt by Year
Debt by President
Obama and the Debt
Trump and the Debt
Paying Off the Debt
Budget Deficits
US ECONOMY AND NEWS HOT TOPICS
Trump and the National Debt
Donald Trump
•••
Instead of Eliminating the Debt, Trump Will Add $8.3 Trillion
Share
Flip
Pin
Email
BY KIMBERLY AMADEO
Updated February 06, 2020
During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years.1 Instead, his budgets would add $9.1 trillion during that time. It would increase the U.S. debt to $29 trillion according to Trump's budget estimates.2


Trump’s Two Strategies to Reduce the Debt
Candidate Trump had two strategies to reduce the U.S. debt. He promised to grow the economy 6% annually to increase tax revenues. But once in office, he lowered his growth estimate to 3.5% to 4%.

These projections are above the 2%-3% healthy growth rate. When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2020 budget lowered annual growth rates down to between 2.4% and 2.9% annually.

Trump promised to achieve 4% growth with tax cuts. In his first 100 days, he released the outline of what would become the Tax Cuts and Jobs Act. It cut the corporate tax rate from 35% to 21% beginning in 2018. The top individual income tax rate drops to 37%. It doubles the standard deduction and eliminates personal exemptions. The corporate cuts are permanent, while the individual changes expire at the end of 2025.

Trump's tax cuts won't stimulate the economy enough to make up for lost tax revenue. According to the Laffer curve, tax cuts only do that when the rates were above 50%. It worked during the Reagan administration because the highest tax rate was 70%.

Trump’s second strategy is to “eliminate waste and redundancy in federal spending.” He demonstrated cost-consciousness in his campaign. He used his Twitter account and rallies instead of expensive television ads. He outlined his cost-cutting strategies in his book, "The Art of the Deal."3


Trump was right that there is waste in federal spending. The problem isn't finding it. Both Presidents Bush and Obama did that. The problem is in cutting it.4 Each program has a constituency that lobbies Congress. Eliminating these benefits loses voters and contributors. Congress will agree to cut spending in someone else’s district, but not in their own.

Any president must cut into the biggest programs to make an impact on the debt. More than two-thirds of government spending goes to mandatory obligations made by previous Acts of Congress. For FY 2020, Social Security benefits cost $1 trillion a year, Medicare costs $679 billion, and Medicaid costs $418 billion. The interest on the debt is $479 billion.


To lower the debt, military spending must also be cut. The most Obama spent was $855 billion in FY 2011. The most Bush spent was $666 billion in FY 2008. Instead of cutting, Trump is breaking all those records. Military spending rose to $989 billion in FY 2020.

What's left after mandatory and military spending? Only $676 billion to pay for everything else. That includes agencies that process the Social Security and other benefits. It also includes the necessary functions performed by the Justice Department and the Internal Revenue Service. You'd have to eliminate it all to make a dent in the $1.1 trillion deficit. You can't reduce the deficit or debt without major cuts to defense and mandated benefit programs. Cutting waste isn't enough.

Trump’s Business Debt Influences His Approach to U.S. Debt
Trump has a cavalier attitude about the nation’s debt load. During the campaign, he said the nation could "borrow knowing that if the economy crashed, you could make a deal.”5 He added, “The United States will never default because you can print the money."

Trump thinks about the national debt as he does personal debt. A 2016 Fortune magazine analysis revealed Trump's business is $1.11 billion in debt.6 That includes $846 million owed on five properties. These include Trump Tower, 40 Wall Street, and 1290 Avenue of the Americas in New York. It also includes the Trump Hotel in Washington D.C. and 555 California Street in San Francisco. But the income generated by these properties easily pays their annual interest payment. In the business world, Trump's debt is reasonable.

But sovereign debt is different. The World Bank compares countries based on their total debt-to-gross domestic product ratio. It considers a country to be in trouble if that ratio is greater than 77%. The U.S. ratio is 104%. That's the $21.516 trillion U.S. debt as of Sep. 28, 2018, divided by the $20.658 trillion nominal GDP.7

On Dec. 31, 2019, the U.S. debt was $23.2 trillion. That puts the U.S. debt-to-GDP ratio at 107%.

So far, this high ratio hasn't discouraged investors. America is the safest economy in the world. It has the largest free market economy and its currency is the world's reserve currency. Even during a U.S. economic crisis, investors purchase U.S. Treasurys in a flight to safety. That's one reason why interest rates plunged to 200-year lows after the financial crisis. Those falling interest rates meant America's debt could increase, but interest payments remained stable at around $266 billion.

But that changed in late 2016. Interest rates began rising as the economy improved. As a result, interest on the nation's debt will double in four years.

The United States also has a massive fixed pension expense and health insurance costs. A business can renege on these benefits, ask for bankruptcy, and weather the resultant lawsuits. A president and Congress can't cut back those costs without losing their jobs at the next election. As such, Trump's experience in handling business debt does not transfer to managing the U.S. debt.


Trump is wrong to assume that the United States could simply print money to pay off the debt.8 It would send the dollar into decline and create hyperinflation. Interest rates would rise as creditors lost faith in U.S. Treasurys. That would create a recession. He's also wrong in thinking that he could make a deal with our lenders if the U.S. economy crashed. There would be no lenders left. It would send the dollar into a collapse. The entire world would plummet into another Great Depression.

National Debt Since Trump Took Office
At first, it seemed Trump was lowering the debt. It fell $102 billion in the first six months after Trump took office.9 On Jan. 20, the day Trump was inaugurated, the debt was $19.9 trillion. On July 30, it was $19.8 trillion. But it was not because of anything he did. Instead, it was because of the federal debt ceiling.

On Sept. 8, 2017, Trump signed a bill increasing the debt ceiling. Later that day, the debt exceeded $20 trillion for the first time in U.S. history. On Feb. 9, 2018, Trump signed a bill suspending the debt ceiling until March 1, 2019.10 It was $22 trillion. In just two years, Trump has overseen the fastest dollar increase in the debt of any president.

Trump's Fiscal Year 2020 budget projects the debt would increase $5 trillion during his first term.11 That's as much as Obama added while fighting a recession. Trump has not fulfilled his campaign promise to cut the debt. Instead, he's done the opposite.

2019 may be seeing the national deficit exceeding $1 trillion. This could be the result of Trump’s $1.5 trillion tax cuts done in 2017. These cuts are a loss to government revenues. When the national deficit increases, the government needs to borrow more since its income cannot cover its expenditures. Such action increases sovereign debt

I will leave you with the above analysis, I hope it will suit your ego.
You don't need to be too emotional while taking about another country, you are a Nigeria before any other thing.
Trump is only fortunate ruling a country with a working constitution compare to Nigeria, where the ruling class will sabotage the nation for anything.
I hope you read the clause in the contract between the FG and Disco
We need to be patriotic for once.

The envoy pointedly accused Buhari of being a bigot who had alleged sympathy for rampaging insurgents responsible for destruction of several lives, properties and government infrastructure.

Grenell said: “Mr Buhari has spoken sympathetically about members of the terrorist group Boko Haram, has cautioned against a rush to judgement on its members and has been personally selected by the terrorist group to lead its negotiations with the Government of Nigeria.

“Mr. Buhari’s election as Nigeria’s head of state would be a disaster for Africa. It would also signal trouble for the West’s fight against ISIS and terrorism throughout the Middle East”.

Oh Nigeria!

Are we talking about this caretaker chief of intelligence?

The dimwit is only there in the interim and should his name be forwarded to the House, he would be roundly dismissed.

Trump put a failed associate as a stop gap.

PDP n IPOB una go tire o!

Okoroawusa:
PDP n IPOB una go tire o!

It's funny, but the US intelligence community rejects him on the basis of his inexperience.

He is only in this role as a caretaker for a maximum of 90 days.

IPOB can keep clutching at straws.

.

[s]

Commentor:
Are we talking about this caretaker chief of intelligence?

The dimwit is only there in the interim and should his name be forwarded to the House, he would be roundly dismissed.

Trump put a failed associate as a stop gap.

[/s]

[s]

Commentor:


It's funny, but the US intelligence community rejects him on the basis of his inexperience.

He is only in this role as a caretaker for a maximum of 90 days.

IPOB can keep clutching at straws.

[/s]