Obama’s 2017 budget proposes a nearly 18 percent hike in appropriations for expenditures of former presidents.
...
The President’s FY2017 budget request seeks $3,865,000 in appropriations for expenditures for
former Presidents, an increase of $588,000 (17.9%) from the FY2016 appropriation level. The
increase in requested appropriations for FY2017 anticipates President Barack Obama’s transition
from incumbent to former President. For FY2016, President Obama requested and received
appropriations of $3,277,000 for expenditures for former Presidents—an increase of $25,000
from FY2015 appropriated levels.
...
http://www.fas.org/sgp/crs/misc/RL34631_20160316.pdfThere needs to be an increase in expenditures. Why? Because money for expenditures comes through loans from the Federal Reserve Bank. These loans from the FED are really creations of new money, btw.
The money system is a debt-money system rather than a value-money system. This means that it is a Ponzi. The only thing that keeps a Ponzi going is if there is more money being transferred somehow, one way or another. In the case of the FED, the money needs to be borrowed/created.
If the money isn't borrowed by many borrowers, the Ponzi collapses. When it collapses, everyone gets hurt. The problem is, the longer the Ponzi goes on, the more everyone gets hurt.
Borrow what you can, and make payments faithfully. Pay your income taxes, because it is the measure of the amount of money that government can borrow from the FED. Sure, you will be making the banks richer. But you will be helping to keep the Ponzi afloat, so that we don't have the turmoil of a crash.
Of course, when it crashes, it will be a big crash, to the tune of the whole US national debt, and the debt of all the nations in the world, like at least $200 trillion.
