"Inflation Reduction Act"? Does anyone with more than 2 working brain cells believe this is anything but a pet project spending spree? Spend as much as you can before they face voters in November. But the name is right up there with some other beauties, like 'affirmative action'. They must have total disdain for those who are forced to live with and pay for this nonsense, including their very own voters.
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Whaaat? You didn't know that you can spend your way out of debt? And you can print enough money to reverse inflation!!!
Sheesh, some of y'all need an economics class
Sheesh, some of y'all need an economics class
But who gave him the playbook? He was nobody from nowhere, and oops magic he's a US Senator, oops magic he's president. If you think he's the guy at the top you're fooling yourself.
I know you are being facitous, but sometimes I wonder is people understand, that's not how it works. Raising interest rates and out of control government spending, crushes the economy and the working class. We had a somewhat heated discussion about this at work, one guy I thought was fairly smart kept insisting that raising interest was necessary and government spending was not a driving factor in the economy. I bet him lunch if he did some research he would change his mind. I ate free the next day!
The spending in this legislation is an abomination but the most despicable element is more than doubling the size of the IRS. There is only one reason for this and the true intent is to weaponize the IRS against those who don't support the regime. Post "disinformation" and out of the blue you are audited even though you only have W-2 income and file using the standard deduction. Its gonna happen.
You’re both kind of right.
Artificially lowered interest rates are exactly why we’re in the middle of this everything bubble in the first place. Interest rates need to rise to stop malinvestment and capital can move to where it actually needs to be.
And gov spending is not a driving factor in the economy, it is part of what is keeping the economy bin the shitter. All gov projects do is destroy wealth
I’m sure the republicans will make things right after the red tsunami.
Next your going to tell me the Patriot Act wasn't about protecting regular Americans...
Can you imagine them firing 87,000 new auditors?
Yeah, me neither. Especially since they were against the Trump tax cuts and the new Trump tax return with the bigger tax exemption.
Yeah, me neither. Especially since they were against the Trump tax cuts and the new Trump tax return with the bigger tax exemption.
The republicants will rant and rave about it to get votes and raise money. The bullshit will get repealed right after Kenyan Care.
Make no mistake it is a driving factor, driving the economy into recession. The more they print and spend the more the value of the dollar recedes.
And those auditors are going to be crawling up the asses of the poor and the middle class. The IRS refuses to go after the rich and big corps because those folks have a legion of lawyers and accountants. Regular folks are gonna be told you can pay 10K to beat the IRS or pay 3k to make them go away...
I fear these new agents will be weaponized to attack anyone who voted for DJT.
Small business owners in particular.
That said… the IRS can’t even fill its ranks now.
No one is getting degrees that have any use in accounting or finance. They all want to save polar bears. And those who get degrees in accounting and finance don’t work for IRS, they make 5x the money in private sector and 20x if they are good and become private CPA’s.
The money will get diverted. Probably to something equally heinous. But don’t worry about 80k IRS agents magically appearing. I’m more worried about why they will do that ‘doesn’t’ involve Accounts?
Hummm is the new “IRS” agent going to run AI systems tapped into your bank, eBay, credit cards and track every cash purchase or classified ad you respond to? Do you need accountants? Or just social media geeks to watch what you say and target your social credit score?
IRA agents? Pshaw. Converting the IRS to a China-like surveillance organ that will bankrupt you and seize your funds and lock your accounts , deny you credit and seize your assets because someone doesn’t like what you posted in the Bear Pit… those are the questions to be asking.
Because they can hire 80k of those brainwashed Ivy League attack dogs in a heartbeat. Facebook has been training them as moderators and fact checkers for years.
Who in Capitol Hill is asking those questions as the bureaucracy is becoming a Stalinesque weapon? Is anyone even smart enough to ask these questions? Or do they not care because they are in on it and have made their deal as part of the Reich Royalty?
Ammo, canned beans, unvaxxed sperm and silver coins are going to be the new Bitcoin…. Just ‘sayin.
Sirhr
The digital dollar is not far away. Once the cash is removed from society and everything is digital those geeks will be the weapon of choice. They will be on every social media, including here, deciding whose accounts get locked.
No way to pay for groceries, gas for your car, property tax or anything else. Need a lawyer to dispute your case? How are you going to pay?
No way to pay for groceries, gas for your car, property tax or anything else. Need a lawyer to dispute your case? How are you going to pay?
They are not stoopid.
Cash May get removed, but barter is as old as humans. The Soviet Union would have collapsed decades earlier, had there not been a thriving black market and “fixers” who got around the “general-issue” ruble.
Then there is the “werewolf prepper” who doesn’t give a shit about what your social
Media score is. If you are weak, you lose your food and everything else.
The problem with socialism and its offshoots as envisioned by delusional utopian James Bond villain types… is that it failed again and again to recognize human nature is not compatible with being an ant colony. As much as the so-called self-styled shapers of empires and egalitarian dreamers might wish it so.
Yet they keep trying it and saying “well, the last time wasn’t ‘real’ socialism. So this time we’ll wrap the poison pill in polar bears and global warming and you WILL like it. Or let the Loons loose and say “look, you can all cut your dicks off and pretend to be a stoat… while never working and being protected from being burned at the stake as a deviant…”. While using this freak army to undermine functional societies built around the efforts of the human animal.
Nah… this experiment will fail. The only question is… Soft landing? Or 1939-45… or worse? Think Yugoslavian collapse and sectarianism turned up to 11. Sarajevo went from the Jewel of Eastern Europe and Olympic city… to smoking rubble pile with burning shelled bodies in the streets in less than 3 years. And that was in a country with far less division and weaponry than we have now.
Let’s hope for the soft landing and the pendulums, checks and balances our founders created. Because the alternative Will suck.
Sirhr
You can't pay your property tax with three chickens and a goat. As proven throughout time the state will always have it's henchmen to do their dirty work. They will remove you from your land or you will be buried there. They don't care if you take a dozen with you. Because there's another dozen to replace them.
The "jab" proved how many are willing to do whatever for comfort. The PRAVDA and social media are well established in creating the narrative and the "white nationalist/ domestic terrorist" label is the tool they will use to make you an outcast that no one will help or to justify your murder. They are proud that they used a son against his father to jail him for seven years. Have you seen the sons go fund me account?
There's a plan for the elimination of the dissenting. It will be ugly for the ones that choose to not comply.
The "jab" proved how many are willing to do whatever for comfort. The PRAVDA and social media are well established in creating the narrative and the "white nationalist/ domestic terrorist" label is the tool they will use to make you an outcast that no one will help or to justify your murder. They are proud that they used a son against his father to jail him for seven years. Have you seen the sons go fund me account?
There's a plan for the elimination of the dissenting. It will be ugly for the ones that choose to not comply.
If things go truly Sarajevo... there will be no property taxes. Or mortgages. Or student loan debt. Or cars to buy, because there will be noone making them.
Again, not wishing this on anyone or hoping for it. But this is how extreme social division ends up. And it's not fought by domestic terrorists. It's fought by people protecting hearth and home.
We've been living in an historical sweet spot since 1945... Most of the world, in fact, except for minor flare-ups. Pax Americana and 'Detente' are the two roots. The result has been the greatest period of progress and prosperity ever or, perhaps, since the Victorian Age. Which ended during the brief Edwardian period in a Conflagration that really didn't end until 1945. (One has to discount China and the FUSSR... which remained in a genocidal dark age until, well, still. Thanks Communism. You know, True Socialism that hasn't really been tried yet?)
Going close to 100 years without a major superpower war is unusual.
Again, look at history in the US... 1770's, a ruling elite keeping motivated Colonists who were waking up to their "Americanism" from expanding into the frontier or pursuing their economic interests outside a colonial system. All overlorded by a feckless government in a distant and out-of-touch capitol lorded over by an idiot-king (he was.) Conflagration. 1860... A bifurcated economy driven by tensions over 'woke' anti-slavery forces and a Southern economic system that depended utterly on slavery and indentured labor... ruled over by a distant capitol with an utterly idiotic and feckless president named James Buchanan who egged on North/South violence, especially along the Kansas/Missouri border while, basically, being out-of-touch dithering, career-politician, lawyer. And probably a peter-puffer. His 'lame duck' period makes Xiden look positively dreamy.
Remember that in August 1914, Britain and Germany were among the two most prosporous countries on the planet... and they were each other's biggest trading partners. Politicians and, moreover, bureaucracies do not make rational decisions, especially if their ego's and power are threatened. They lash out. And they do it with other people's lives and children...
I remain the world's greatest optimist. But as both a trained historian and futurist... things do not look good. The system designed by the founders can work and get past this. Things were bad in the '30's. And the '60's. And the late '70's to a degree. But if someone throws a monkey wrench in the wheels that make the republic work (and I think they are trying to) then all bets are off.
Sirhr
If only history teachers weren't soo boring.
Many, including me, have read the history but not really studied it. Many of those facits are not linked or totally forgotten. Thanks for the reminder.
Many, including me, have read the history but not really studied it. Many of those facits are not linked or totally forgotten. Thanks for the reminder.
The mid term should be pretty revealing and the six months or so following. IF there's a red wave what will happen with the rampant corruption? With the amount of republicant rinos I don't see them cleaning up the problem. The Trey Gowdy types are always selling the pig in a poke and people continue to be satisfied with the cat.
Excellent posts @sirhrmechanic , thanks for contributing you’re a gentleman and scholar! I remain optimistic as well. One way or another, we’ll get through this.. America has proven the world wrong time and time again. Whether woketards like it or not, we are an exceptional nation despite the efforts of Hussein and Xiden to knock us off the #1 spot.
Why would anyone want their country not to be the best? So strange and frankly insane..
Why would anyone want their country not to be the best? So strange and frankly insane..
they could have just named it the lining politicians pockets with taxpayer money or "thief" for short not like the republicans that signed it are not aware of where the money will really end up ( china ,Iran , Russia , maybe a new terrorist group and the bulk of it in the pockets of biden and his cronies )
I don't think if even every single person who can, voted Republican this mid-term, that that is what is going to come out the other end when "votes" are tallied. Heck, even the VA system has decided to hire another 2,000 people to help mismanage the backlog of claims.
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