drowning America in big barrels of wine

3-10-21    You're grateful to our new President for funding a long weekend on the Florida beaches, backyard swings for your kids, or even paying off your credit card. But be warned that the spending onslaught that's bringing you that windfall is part of a blowout that will effectively saddle you and your spouse with almost $150,000 in federal debt when you reach 35 in 2031. That nut might be as big as the loan on your starter house.

  Even if interest rates stay incredibly low, your household's annual share of the payments will be about $1,750.  That's not just for one year.  Those bills will go on forever and keep growing in size.  And don't think that the Treasury can just keep piling all that ballooning interest on the federal credit card.  A decade from now, the U.S. could be grappling with debt that's one-and-a-half times the size of the economy, dwarfing the current burden in Italy.  Washington can raise the extra cash only by paying stiff rates, meaning your bill could swell to $3,000 a year when you're 45. Chances are good that you'll be paying for the Biden agenda either in far higher taxes or spiraling inflation that keeps the price of groceries rising as fast or faster than your paychecks.          https://fortune.com/2021/03/10/how-is-stimulus-paid-for-who-pays-for-stimulus-package-checks-payments-benefits-covid-relief-taxes/ 

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3-11-21  Senators are already working on President Joe Biden’s next legislative priority, a major transportation package at the heart of Biden’s “Build Back Better” plan, with the aim of getting the entire bill passed with Republican support by the end of September.                        Sen. Tom Carper (D., Del.), who heads the Environment and Public Works panel, told reporters Wednesday that he is confident Democrats can get at least 10 Republicans to sign on to the proposal, which would enable them to pass it without resorting to budget reconciliation.  The bill, which is expected to cost at least $2 trillion, would modernize the nation’s infrastructure   https://www.barrons.com/articles/democrats-want-bidens-infrastructure-plan-signed-into-law-by-september-51615477371

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    A member of the Yorkist faction during the War of the Roses,

George (Earl of Clarence) was the younger brother of Edward IV and elder brother of the future Richard III.      Initially a staunch supporter of his brother Edward, thanks to his marriage to one of the Earl of Warwick’s daughters, he was gradually drawn into machinations and turned against King Edward in 1470.  Initially he seems to have believed Warwick would make him king in his brother’s place, but when it became clear this would not be the case he deserted back to Edward at the end of 1470.               In Shakespeare’s play Richard had Clarence drowned in a barrel of malmsey wine, a favorite of brother Clarence who was higher in line than Richard in the kingdom’s pecking order.  Ah.  Now you understand?   To confirm the details, see  

https://thecrownchronicles.co.uk/history/history-posts/historys-strangest-deaths-george-duke-of-clarence-drowned-in-a-barrel-of-wine/  

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