Secret Service advertised as hot 'new amenity' at Trump Tower - Polidicks

[QUOTE=RenegadeCop;51488742]Agents probably get refunded for what they spend. What the real issue is, is that Trumps business is effectively getting tax payer money, since the S.S. is paid for with taxes. He is profiting off of the presidency[/QUOTE] [I] -b-b-but it's okay, guys, he isn't taking the salary![/I] :hammered:

[QUOTE=Levelog;51487798]All current and former presidents are life. Obama made it so. Not sure how it applies to future ones though.[/QUOTE] I wouldn't be too concerned about this. Trump might be pushing 80 by the time he leaves office--I doubt he'll go very far past that given his poor diet and the health issues he's likely to encounter in office.

Secret Service are federal. Trump isn't draining your tax dollars by increasing their costs, but he is being an asshole

[QUOTE=Goberfish;51488852]Secret Service are federal. Trump isn't draining your tax dollars by increasing their costs, but he is being an asshole[/QUOTE] I'm pretty sure the federal government is funded by tax dollars the same as the state governments, or did I misunderstand?

[QUOTE=DaMastez;51488881]I'm pretty sure the federal government is funded by tax dollars the same as the state governments, or did I misunderstand?[/QUOTE] No, because the federal government issues the dollars. State governments don't issue the dollars, so they do require taxes (or federal funding)

[QUOTE=Goberfish;51488900]No, because the federal government issues the dollars. State governments don't issue the dollars, so they do require taxes (or federal funding)[/QUOTE] what?

[QUOTE=AaronM202;51486877]I feel sorry for every single Secret Service Agent who's going to have to put up with this shit for at least 4 years :v:[/QUOTE] The Secret Service hated being on 1st lady detail while Clinton was in office. They said she was very rude and demanding. [QUOTE]Hillary Clinton was continuously rude and abrasive to those who were charged to protect her life. Her security detail dutifully did their job, as professionals should, but they all "loathed" her and wanted to be on a different detail. She was hard to work for because she was so nasty and mean toward her detail. Hillary Clinton was uniformly despised by the Secret Service as a whole. Former President Bill Clinton was much more amiable than his wife Hillary. Often the Secret Service would cringe at the verbal attack antics that Hillary would use against her husband, the then President. They were embarrassed for his sake by the manner and frequency in which she verbally insulted him, sometimes in the presence of the Secret Service, and sometimes behind closed doors. Even behind closed doors Hillary Clinton would scream and yell so loudly that everyone could hear what she was saying. [/QUOTE]

[QUOTE=Goberfish;51488900]No, because the federal government issues the dollars. State governments don't issue the dollars, so they do require taxes (or federal funding)[/QUOTE] um, no. The fed doesn't print money to pay for projects.

[QUOTE=da space core;51488921]what?[/QUOTE] where does the US dollar come from. Not the state [QUOTE=Radical_ed;51488936]um, no. The fed doesn't print money to pay for projects.[/QUOTE] so the US dollar just magically started existing one day?

[QUOTE=Ridge;51488929]The Secret Service hated being on 1st lady detail while Clinton was in office. They said she was very rude and demanding.[/QUOTE] source please. Don't go posting something like that without a source.

[QUOTE=Goberfish;51488900]No, because the federal government issues the dollars. State governments don't issue the dollars, so they do require taxes (or federal funding)[/QUOTE] [QUOTE=Goberfish;51488978]where does the US dollar come from. Not the state so the US dollar just magically started existing one day?[/QUOTE] I think I get what you're saying. Cash only gets printed to fund the Federal Reserve banks for consumer use and really doesn't get involved in government operations, as everything is done electronically now. Federal bureaus just wire each other funds for the most part, which the IRS keeps track of for budgeting. States collect their own taxes to fund their own projects, and apply for federal funding only when they need it. Again, cash is pretty much never involved. [editline]6th December 2016[/editline] Cash is rarely ever used in the US economy, actually. Most of the $2 trillion or so that exists physically ends up going overseas to less stable governments that use US currency instead of their own (this is part of the reason we haven't retired the penny yet). I don't mean to derail the thread, but this is just a really interesting system to type on. Go look up the Bureau of Engraving or the US Mint for more reading.

[QUOTE=Goberfish;51488978]where does the US dollar come from. Not the state so the US dollar just magically started existing one day?[/QUOTE] You might want to do some research on how the Federal Reserve works, who owns it, why and how they print money, whom the money goes to, and how it is transferred. It's far more complex than "the government can fund anything because they print money", the federal government relies mostly on tax dollars. [editline]7th December 2016[/editline] and foreign investment

[QUOTE=Radical_ed;51489102]You might want to do some research on how the Federal Reserve works, who owns it, why and how they print money, whom the money goes to, and how it is transferred. It's far more complex than "the government can fund anything because they print money", the federal government relies mostly on tax dollars. [editline]7th December 2016[/editline] and foreign investment[/QUOTE] You might want to do some research on how dollars work. If the US government doesn't decide that there is dollars, then what are they taxing? Why does the federal government rely on taxing a means of exchange that it creates? It doesn't matter who the federal reserve is owned by or why they create money or how it's transferred and what-not, because the US government backs the US dollar. How does the federal government rely mostly on tax dollars when it's the one that decides whether or not dollars exist in the first place? I don't get the relevance of foreign investment.

[QUOTE=Ridge;51488929]The Secret Service hated being on 1st lady detail while Clinton was in office. They said she was very rude and demanding.[/QUOTE] What source is that from? Everything I've heard about clinton is that she was loved by everyone that knew her personally.

[QUOTE=Goberfish;51489174]You might want to do some research on how dollars work. If the US government doesn't decide that there is dollars, then what are they taxing? Why does the federal government rely on taxing a means of exchange that it creates? It doesn't matter who the federal reserve is owned by or why they create money or how it's transferred and what-not, because the US government backs the US dollar. How does the federal government rely mostly on tax dollars when it's the one that decides whether or not dollars exist in the first place? I don't get the relevance of foreign investment.[/QUOTE] :what: The government doesn't just conjure money out of nothing to pay for things. The Federal government levies lots of taxes, including[URL="https://www.irs.com/articles/2015-federal-tax-rates-personal-exemptions-and-standard-deductions"] Income Tax.[/URL]

[QUOTE=IrishBandit;51489192]:what: The government doesn't just conjure money out of nothing to pay for things. The Federal government levies lots of taxes, including[URL="https://www.irs.com/articles/2015-federal-tax-rates-personal-exemptions-and-standard-deductions"] Income Tax.[/URL][/QUOTE] Yes, the federal government does conjure money out of nothing to pay for things. Taxes are irrelevant. The federal government could suddenly decide to transfer $100 trillion dollars to an inaccessible bank account called The Money Hole if it wanted to and nothing would happen. It wouldn't have to tax anyone to allow that transaction to clear, because they are the ones who decide whether or not the transaction will clear. Taxes help the Federal government control the currency, but they don't limit its ability to create currency. Currency isn't tied to gold anymore in the USA. It's just a thing that has value because it does.

[QUOTE=Goberfish;51489237]Yes, the federal government does conjure money out of nothing to pay for things. Taxes are irrelevant. The federal government could suddenly decide to transfer $100 trillion dollars to an inaccessible bank account called The Money Hole if it wanted to and nothing would happen. It wouldn't have to tax anyone to allow that transaction to clear, because they are the ones who decide whether or not the transaction will clear. Taxes help the Federal government control the currency, but they don't limit its ability to create currency. Currency isn't tied to gold anymore in the USA. It's just a thing that has value because it does.[/QUOTE] That's not how it works at all, creating more money devalues the currency. [URL="https://www.nationalpriorities.org/budget-basics/federal-budget-101/revenues/"]The Federal Government raises trillions of tax dollars a year.[/URL]

[QUOTE=Ridge;51488929]The Secret Service hated being on 1st lady detail while Clinton was in office. They said she was very rude and demanding.[/QUOTE] The election is over, so you can stop deflecting criticism of Trump onto Clinton. She's no longer relevant.

[QUOTE=IrishBandit;51489277]That's not how it works at all, creating more money devalues the currency. [URL="https://www.nationalpriorities.org/budget-basics/federal-budget-101/revenues/"]The Federal Government raises trillions of tax dollars a year.[/URL][/QUOTE] Yes, it is how it works. Creating more money only devalues the currency if it's doing something that's inflationary. Deciding there's now $100 trillion in a random inaccessible bank account doesn't cause inflation, it just looks stupid. And whether or not creating money is inflationary has nothing to do with whether the fed CAN issue currency or not. Just because the federal government takes taxes doesn't mean it needs taxes to pay for anything. Federal taxes are necessary, but not for federal spending.

[QUOTE=Goberfish;51489338]Yes, it is how it works. Creating more money only devalues the currency if it's doing something that's inflationary. Deciding there's now $100 trillion in a random inaccessible bank account doesn't cause inflation, it just looks stupid. And whether or not creating money is inflationary has nothing to do with whether the fed CAN issue currency or not. Just because the federal government takes taxes doesn't mean it needs taxes to pay for anything. Federal taxes are necessary, but not for federal spending.[/QUOTE] If the federal government could just conjure infinite money to pay for everything [I]why would we be in debt to the tune of trillions of dollars?[/I] Your 100 trillion example doesn't even matter because if the money is inaccessible and used for nothing it might as well not exist. Yes, the fed can issue currency, but it doesn't pay for things by creating currency out of thin air.

[QUOTE=Goberfish;51489338]Yes, it is how it works. Creating more money only devalues the currency if it's doing something that's inflationary. Deciding there's now $100 trillion in a random inaccessible bank account doesn't cause inflation, it just looks stupid. And whether or not creating money is inflationary has nothing to do with whether the fed CAN issue currency or not. Just because the federal government takes taxes doesn't mean it needs taxes to pay for anything. Federal taxes are necessary, but not for federal spending.[/QUOTE] By your logic the US government collects taxes for shits and giggles. Furthermore printing money and spending it on something will eventually completely devalue it. If the print bills and keep them in am inaccessible bank account like youve said then it isnt money

[QUOTE=IrishBandit;51489405]If the federal government could just conjure infinite money to pay for everything [I]why would we be in debt to the tune of trillions of dollars?[/I] Your 100 trillion example doesn't even matter because if the money is inaccessible and used for nothing it might as well not exist. Yes, the fed can issue currency, but it doesn't pay for things by creating currency out of thin air.[/QUOTE] The USA is in debt to the tune of trillions of dollars because otherwise nobody would have any US dollars. It's a basic fact of accounting. Yes, the example does matter, because it illustrates that the fed can create currency out of thin air, and that is how it pays for things. It doesn't need to wipe currency through taxes in order to create more currency, but it would be a bad idea not to.

[QUOTE=Goberfish;51489478]The USA is in debt to the tune of trillions of dollars because otherwise nobody would have any US dollars. It's a basic fact of accounting. Yes, the example does matter, because it illustrates that the fed can create currency out of thin air, and that is how it pays for things. It doesn't need to wipe currency through taxes in order to create more currency, but it would be a bad idea not to.[/QUOTE] Then why does the federal government collect taxes?

[QUOTE=Lambeth;51486929][url=http://www.politico.com/story/2016/09/donald-trump-secret-service-campaign-travel-payments-228553]here you go[/url][/QUOTE] keywords here, FROM YOUR OWN SOURCE: [quote] In fact, the Secret Service has reimbursed the Clinton campaign, too: $2.6 million so far this cycle.[/quote] which is in fact more than he has recieved ($1.6 million, also in your own source.)

[QUOTE=Kyle902;51489471]By your logic the US government collects taxes for shits and giggles. Furthermore printing money and spending it on something will eventually completely devalue it. If the print bills and keep them in am inaccessible bank account like youve said then it isnt money[/QUOTE] Nope. The US government collects taxes because it would be dumb not to collect taxes. It doesn't collect them to pay for anything. Yes, spending too much money into the system will devalue the currency. Given that the USA doesn't hit the 2% inflation rate goal, it's not like your current deficit spending is extravagant or anything. It's still money, no matter what it's doing. The point is the fed can issue it if it wants to. It doesn't need to make up for $100 trillion through taxes. It just puts money there.

[QUOTE=Goberfish;51488900]No, because the federal government issues the dollars. State governments don't issue the dollars, so they do require taxes (or federal funding)[/QUOTE] Sorry? That is absolutely not how the US's federal government works. Yes they print the money, but if they just printed money to pay for stuff - that would inflate the dollar so much we'd be a third world country. The federal government functions off tax dollars just like the states do.

[QUOTE=space1;51489498]keywords here, FROM YOUR OWN SOURCE: which is in fact more than he has recieved ($1.6 million, also in your own source.)[/QUOTE] If this keeps up then trump will end up collecting 10s of millions for the duration of his term.

[QUOTE=Kyle902;51489531]If this keeps up then trump will end up collecting 10s of millions for the duration of his term.[/QUOTE] [url]http://www.huffingtonpost.com/entry/donald-trump-salary-president_us_5829224ce4b02d21bbc9565b[/url] [url]http://www.usatoday.com/story/news/politics/onpolitics/2016/11/13/donald-trump-60-minutes-vacation-salary/93778704/[/url] With him not taking a salary I don't know what to believe. It's confusing to imagine what his presidency will be like, 'cause at this point it could go either fucking way.

[QUOTE=Kyle902;51489495]Then why does the federal government collect taxes?[/QUOTE] Ruml, the chairman of the federal reserve back in 1945ish explains it better than I can: "(1) as an instrument of fiscal policy to help stabilize the purchasing power of the dollar; (2) to express public policy in the distribution of wealth and of income as in the case of the progressive income and estate taxes; (3) to express public policy in subsidizing or in penalizing various industries and economic groups; and (4) to isolate and assess directly the costs of certain national benefits, such as highways and social security." You can read the relevant extract [URL="http://www.constitution.org/tax/us-ic/cmt/ruml_obsolete.htm"]here.[/URL]

[QUOTE=Goberfish;51489526]Nope. The US government collects taxes because it would be dumb not to collect taxes. It doesn't collect them to pay for anything.[/quote] Your either trolling or terribly, terribly misinformed. You should look at Zimbabwe so you can see how utterly wrong you are. [Quote] Yes, spending too much money into the system will devalue the currency. Given that the USA doesn't hit the 2% inflation rate goal, it's not like your current deficit spending is extravagant or anything.[/quote] Thats because the US government doesnt doesnt insert massive amounts of freshly printed money into the economy like you're insinuating. [Quote] It's still money, no matter what it's doing. The point is the fed can issue it if it wants to. It doesn't need to make up for $100 trillion through taxes. It just puts money there.[/QUOTE] Why dont you cite something to backup the nonsense you're saying. [editline]6th December 2016[/editline] [QUOTE=Goberfish;51489561]Ruml, the chairman of the federal reserve back in 1945ish explains it better than I can: "(1) as an instrument of fiscal policy to help stabilize the purchasing power of the dollar; (2) to express public policy in the distribution of wealth and of income as in the case of the progressive income and estate taxes; (3) to express public policy in subsidizing or in penalizing various industries and economic groups; and (4) to isolate and assess directly the costs of certain national benefits, such as highways and social security." You can read the relevant extract [URL="http://www.constitution.org/tax/us-ic/cmt/ruml_obsolete.htm"]here.[/URL][/QUOTE] [url]http://www.cbpp.org/research/federal-budget/policy-basics-where-do-our-federal-tax-dollars-go[/url] [Quote] n fiscal year 2015, the federal government spent $3.7 trillion, amounting to 21 percent of the nation’s gross domestic product (GDP). Of that $3.7 trillion, over $3.2 trillion was financed by federal revenues. The remaining amount ($438 billion) was financed by borrowing. •[/quote] Youre wrong.