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On 3/11/2021 at 3:44 AM, Over 29 years of fanhood said:

 
Above middle Democrats that think they need to raise taxes on other people, just not them, because they think they are middle class with their half a million dollar home, twice the National average. 

 

 

My wife and I have a home we're paying a mortgage on for about half a million dollars and I guarantee we're not "above middle class."

 

Using the national average of home value to determine classes is wildly simplistic.

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23 hours ago, All_Pro_Bills said:

The similarity is in both cases the federal government didn't have the money to fund either and both added/will add to the federal debt.      

 

But a difference is that interest rates are at historic lows right now, making that borrowing more feasible. $1.9 trillion today at 0-0.25% interest is not the same as $1.9 trillion at 1.25-1.5% interest.

 

Plus.... ya know.... Pandemic with millions still unemployed and millions more who've dropped out of the workforce.

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3 minutes ago, transplantbillsfan said:

 

My wife and I have a home we're paying a mortgage on for about half a million dollars and I guarantee we're not "above middle class."

 

Using the national average of home value to determine classes is wildly simplistic.


But That’s exactly how federal tax code works. Anyone who can afford a half a million dollar home are well above average on American scale. it’s a choice to buy in a more expensive area where the value of that lifestyle isn’t as good, but your probably well on your way to becoming a millionaire. 

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6 minutes ago, transplantbillsfan said:

 

But a difference is that interest rates are at historic lows right now, making that borrowing more feasible. $1.9 trillion today at 0-0.25% interest is not the same as $1.9 trillion at 1.25-1.5% interest.

 

Plus.... ya know.... Pandemic with millions still unemployed and millions more who've dropped out of the workforce.


I’ve been hearing part of the issue is the handouts are so good, employers are struggling to get employees back. 

3 minutes ago, transplantbillsfan said:

 

You understand that 330 million people aren't getting $1400 checks, right?

That makes it even worse. My point is those checks are less than half a billion of the two trillion, hence that twidiot saying 1.9 trillion to working class is either uninformed or just plain lying . 

Edited by Over 29 years of fanhood
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Just now, Over 29 years of fanhood said:


I’ve been hearing part of the issue is the handouts are so good, employers are struggling to get employees back. 

 

That's been happening ever since they increased the unemployment checks.  

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Just now, Over 29 years of fanhood said:


But That’s exactly how federal tax code works. Anyone who can afford a half a million dollar home are well above average on American scale. it’s a choice to buy in a more expensive area where the value of that lifestyle isn’t as good, but your probably well on your way to becoming a millionaire. 

 

You're silly.

 

Your solution is probably for everyone to move away from urban areas and move to rural areas.  And then when everyone moves to the rural areas you'll be the one complaining too many damn people moved to the rural areas and are ruining it.

 

It's foolish and naive to think that an annual salary of $100k (and no, that's not what I make... that's just an example) means your wealthy in America no matter where you live.

 

Plenty of people never leave the town/city where they're born and don't necessarily have a choice.  That's especially true where I live where there's a geographical barrier to actually moving away... namely thousands of miles of ocean and nobody.

3 minutes ago, Over 29 years of fanhood said:

 

That makes it even worse. My point is those checks are less than half a billion of the two trillion 

 

So then you didn't understand that?  Maybe you should educate yourself a little before blindly complaining about it.

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1 minute ago, transplantbillsfan said:

 

You're silly.

 

Your solution is probably for everyone to move away from urban areas and move to rural areas.  And then when everyone moves to the rural areas you'll be the one complaining too many damn people moved to the rural areas and are ruining it.

 

It's foolish and naive to think that an annual salary of $100k (and no, that's not what I make... that's just an example) means your wealthy in America no matter where you live.

 

Plenty of people never leave the town/city where they're born and don't necessarily have a choice.  That's especially true where I live where there's a geographical barrier to actually moving away... namely thousands of miles of ocean and nobody.


100k salary is top 15%

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1 minute ago, transplantbillsfan said:

 

You're silly.

 

Your solution is probably for everyone to move away from urban areas and move to rural areas.  And then when everyone moves to the rural areas you'll be the one complaining too many damn people moved to the rural areas and are ruining it.

 

It's foolish and naive to think that an annual salary of $100k (and no, that's not what I make... that's just an example) means your wealthy in America no matter where you live.

 

Plenty of people never leave the town/city where they're born and don't necessarily have a choice.  That's especially true where I live where there's a geographical barrier to actually moving away... namely thousands of miles of ocean and nobody.

 

You teach our children?  😁

 

Just bustin' chops.  How are things on the island? 

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10 minutes ago, transplantbillsfan said:

 

But a difference is that interest rates are at historic lows right now, making that borrowing more feasible. $1.9 trillion today at 0-0.25% interest is not the same as $1.9 trillion at 1.25-1.5% interest.

 

Plus.... ya know.... Pandemic with millions still unemployed and millions more who've dropped out of the workforce.

Is this debt being financed on long term or short term bonds?  Do you realize that the interest rates are artificially low because the Fed keeps printing money and buying bonds, forcing rates lower?  What happens if inflations rears it head and the Fed can't continue to print money like this?

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Just now, Chef Jim said:

 

You teach our children?  😁

 

Just bustin' chops.  How are things on the island? 

 

Rainy as hell... at least on the windward side where there's been some serious damage.  Luckily wife and I live on the southwestern side of the island, where we've gotten plenty of rain, but we've been good as far as any damage or flooding.

 

And how are things in Cali?

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2 minutes ago, transplantbillsfan said:

 

You're silly.

 

Your solution is probably for everyone to move away from urban areas and move to rural areas.  And then when everyone moves to the rural areas you'll be the one complaining too many damn people moved to the rural areas and are ruining it.

 

It's foolish and naive to think that an annual salary of $100k (and no, that's not what I make... that's just an example) means your wealthy in America no matter where you live.

 

Plenty of people never leave the town/city where they're born and don't necessarily have a choice.  That's especially true where I live where there's a geographical barrier to actually moving away... namely thousands of miles of ocean and nobody.

 

So then you didn't understand that?  Maybe you should educate yourself a little before blindly complaining about it.


missing the point man. If every man woman and child get a check it’s 25% of the 2 trillion cost. There are a bunch of democrat wish list hand outs unrelated to Covid. I’ve counted 12 and I’m on page 68. I’m happy to educate you. 

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2 minutes ago, transplantbillsfan said:

 

Rainy as hell... at least on the windward side where there's been some serious damage.  Luckily wife and I live on the southwestern side of the island, where we've gotten plenty of rain, but we've been good as far as any damage or flooding.

 

And how are things in Cali?

 

Cold.  For us anyway.  

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Just now, Over 29 years of fanhood said:


missing the point man. If every man woman and child get a check it’s 25% of the 2 trillion cost. There are a bunch of democrat wish list hand outs unrelated to Covid. I’ve counted 12 and I’m on page 68. I’m happy to educate you. 

 

And there ya go.

 

Spending enough time here (and a brief time "over there") I've come to understand that when the publicized talking points come out, you're just ideologically entrenched in your own political viewpoint.

 

70% of the American public likes this bill and not a single Republican voted for it because they're just keepin down that path of obstructionism they've followed under Mitch McConnell.  If they keep this up, they might not win back their seats in the midterm election as the minority party typically does.

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7 minutes ago, transplantbillsfan said:

 

And there ya go.

 

Spending enough time here (and a brief time "over there") I've come to understand that when the publicized talking points come out, you're just ideologically entrenched in your own political viewpoint.

 

70% of the American public likes this bill and not a single Republican voted for it because they're just keepin down that path of obstructionism they've followed under Mitch McConnell.  If they keep this up, they might not win back their seats in the midterm election as the minority party typically does.


I don’t like big government spending programs. But it’s not talking points, I’m stupidly wasting my time reading the thing. Like I said I’m on page 68
 

Republicans are just as bad and of course the 70% that are getting free checks are happy to take them. 
 

I wish your party and theirs would go away and force all the sheep to think for themselves.  These two parties are awful and tearing the country apart
 

I challenge anyone to read this 600 page thing and walk away justifying the expenditure was all about Covid. It’s not. 

Edited by Over 29 years of fanhood
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20 minutes ago, transplantbillsfan said:

 

But a difference is that interest rates are at historic lows right now, making that borrowing more feasible. $1.9 trillion today at 0-0.25% interest is not the same as $1.9 trillion at 1.25-1.5% interest.

 

Plus.... ya know.... Pandemic with millions still unemployed and millions more who've dropped out of the workforce.

So what happens when rates go up?  The 10Yr US Treasury is at 1.635%.  All this additional supply (1.9T) will put stress on rates to go higher.  Who is going to step up and buy all this supply?  What astute investor or fund wants to "loan" the US government money for 10 years at about 1.6% when they can put their funds into the equity markets and pull down 10, 20, 30%?   That move is a guaranteed loser.  Plus inflation is on the rise and pretty quickly. 

 

Most likely the Fed will step in through additional QE purchases to hold rates down by increasing the size of their balance sheet.  A likely consequence will be a weaker US dollar.  So pick your poison.  Higher rates or a loss of purchasing power in your paycheck denominated in a currency that is losing value.  This will all happen rather quickly. I hope people are preparing for this likelihood and not ignoring the obvious risks.  Because there won't be anybody left to bail anyone else out when the SHTF.  

 

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6 minutes ago, All_Pro_Bills said:

So what happens when rates go up?  The 10Yr US Treasury is at 1.635%.  All this additional supply (1.9T) will put stress on rates to go higher.  Who is going to step up and buy all this supply?  What astute investor or fund wants to "loan" the US government money for 10 years at about 1.6% when they can put their funds into the equity markets and pull down 10, 20, 30%?   That move is a guaranteed loser.  Plus inflation is on the rise and pretty quickly. 

 

Most likely the Fed will step in through additional QE purchases to hold rates down by increasing the size of their balance sheet.  A likely consequence will be a weaker US dollar.  So pick your poison.  Higher rates or a loss of purchasing power in your paycheck denominated in a currency that is losing value.  This will all happen rather quickly. I hope people are preparing for this likelihood and not ignoring the obvious risks.  Because there won't be anybody left to bail anyone else out when the SHTF.  

 


Can’t argue any of those eventualities are risks... but This process is just another way the government can redistribute wealth in the mean time. 

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https://www.theepochtimes.com/americans-making-over-400000-will-see-small-to-significant-tax-hike-biden_3738032.html

 

 

 

OH, I KNOW THE ANSWER TO THIS ONE:  

 

Americans Making Over $400,000 Will See ‘Small to Significant’ Tax Hike: Biden.

 

Every single democrat pulls this one.

 

Every single one.

 

What it means is that everyone making 60k and over will see a significant tax increase.

 

 

 

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46 minutes ago, B-Man said:

https://www.theepochtimes.com/americans-making-over-400000-will-see-small-to-significant-tax-hike-biden_3738032.html

 

 

 

OH, I KNOW THE ANSWER TO THIS ONE:  

 

Americans Making Over $400,000 Will See ‘Small to Significant’ Tax Hike: Biden.

 

Every single democrat pulls this one.

 

Every single one.

 

What it means is that everyone making 60k and over will see a significant tax increase.

 

 

 

Not the wealthy elite though. Millionaires and billionaires don’t count. This tax policy will be about severing the ladder to upper middle class mobility. You’re either one of them, or everyone else. 

 

Democrat tax policy is about taxing the wealthy about as much as  republican spending  policy is about fiscal conservatism.
 

and of course all partisan tax policy is crafted to attack the groups, states, institutions and industries that don’t funnel your party money or just disagree with you. 

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11 minutes ago, B-Man said:

https://spectator.org/covid-relief-bill-constitution-states-rights-taxes/

 

‘COVID Relief’ Bill Collides With the Constitution

by David Catron

 

Well, that didn’t take long. The first major bill passed by the new Democratic congressional majority and signed into law by our new president on March 11 had already provoked a constitutional challenge by March 17. The attorney general of Ohio filed suit against the Biden administration last Wednesday in the U.S. District Court for the Southern District of Ohio, alleging that the American Rescue Plan Act (ARPA) unconstitutionally and coercively limits the right of states to manage their internal fiscal policies: “This suit challenges an unconstitutional provision in the American Rescue Plan Act — a provision that allows the federal government to commandeer state taxing authority.”

 

 


thats kind of a stretch isn’t it? The policy was can’t have federal money if you use it to pass on a tax cut. While it is disempowering to the states, and hypocritical given there was no issue with ‘help school get back’ money being passed as teachers bonuses instead, I don’t see the constitutionality problem.

 

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https://www.dailywire.com/news/wisconsin-assembly-authorizes-investigation-of-2020-presidential-election

Wisconsin Assembly Authorizes Investigation of 2020 Presidential Election

<snip>

The resolution, opposed by every Democrat, gives Republicans, who control the chamber,

authority to issue subpoenas to compel testimony and gather documents, said

Rep. Joe Sanfelippo, the vice-chairman of the Assembly elections and campaign committee.

<snip>

 

Ya know who doesn't like investigations?

Guilty peeps.

 

https://apnews.com/article/donald-trump-legislature-bills-state-elections-voting-rights-b2b014cc81894a50fc513168a5f1d0b8

Georgia Gov. Kemp signs GOP election bill amid an outcry

 

Guess who doesn't like fair elections?

yep, guilty cheaters.

Edited by Unforgiven
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5 hours ago, Unforgiven said:

Hunter Biden was reportedly paid $2 million by Simon & Schuster’s Gallery Books imprint for "Beautiful Things,"

which will be released April 6.

 

Lol. Who is reading this outside the most faithful cultists.

Come now, Americans love delving into the personal lives of the royals. 

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ELECTION DECIDED, NPR’S MODIFIED LIMITED HANGOUT EXPIRES: 

 

https://nypost.com/2021/04/02/npr-issues-correction-after-claiming-hunter-biden-laptop-story-was-discredited-by-intelligence/

 

 

NPR issues stunning mea culpa after claiming Hunter Biden laptop story was ‘discredited’ by intelligence.

 

A book review of Hunter Biden’s memoir “Beautiful Things” initially dismissed the documents first reported in October by The Post.

 

“The laptop story was discredited by U.S. intelligence and independent investigations by news organizations,” the book review by NPR senior editor and correspondent Ron Elving initially claimed.

 

The correction on the Thursday article now says, “A previous version of this story said U.S. intelligence had discredited the laptop story. U.S. intelligence officials have not made a statement to that effect.”

 

Although some Democrats claimed that the laptop may have been “Russian disinformation,” President Biden’s campaign, the White House and Hunter Biden have not denied the laptop belonged to Hunter.

 

In a new interview set to air in full Sunday on CBS, Hunter Biden admits that the laptop “certainly” could be his.

 

 

 

Earlier: It’s Important To Be Honest About What Today’s Media Actually Are.

 

“It’s time to stop acting like these political activists are professionals who do honest journalism. Continuing that pretense is not doing a favor to the public. It’s not true.

 

With very few exceptions, these people are not there to do journalism, and we need to be honest about that with the public. Not everyone is as bad as everyone else, but nearly the entire press corps is somewhere on the Democrat activist scale, from lefty to fringe, from shrewd to clumsy and clownish.”

 

 

 

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https://news.yahoo.com/vulnerable-dems-fret-getting-shock-130031629.html

Vulnerable Dems fret after getting a shock: AOC’s campaign cash

 

As the midterm campaign’s first fundraising deadline approached this week, several vulnerable House Democrats got an unwelcome surprise in their accounts: $5,000 from Alexandria Ocasio-Cortez.

The New York Democrat sent the contributions to her colleagues to help keep the House majority ahead of a tough cycle without directly contributing to the Democratic Congressional Campaign Committee, with which she’s publicly clashed. But Ocasio-Cortez's largesse — and an oversight at the campaign headquarters — has instead raised awkward questions among her colleagues as some swing-district Democrats fret over whether to return her money before the GOP can turn it into an attack ad.

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https://www.dailymail.co.uk/news/article-9431399/Businesses-anger-grows-Bidens-infrastructure-plan.html

 

 

 

Business anger grows at Biden's 'infrastructure plan: Top firms criticize 'dangerously misguided' $2T plan pouring billions into fixing racial inequalities, climate change, electric cars (with only 5% set aside for bridges, roads and trains)

by Geoff Earle

 

 

Major American business groups have lined up against President Joe Biden's $2.3 trillion infrastructure plan – even after many of them got behind his $1.9 trillion coronavirus relief effort.The opposition signals the headwinds the White House is up against promoting a package the Biden is designating as the next big push of his agenda, and one that he said Friday would create 19 million jobs.The U.S. Chamber of Commerce went after the plan as 'dangerously misguided.' 'Properly done, a major investment in infrastructure today is an investment in the future, and like a new home, should be paid for over time — say 30 years — by the users

 

 

Screen-Shot-2021-03-31-at-2.13.17-PM.png

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56 minutes ago, B-Man said:

https://www.dailymail.co.uk/news/article-9431399/Businesses-anger-grows-Bidens-infrastructure-plan.html

 

 

 

Business anger grows at Biden's 'infrastructure plan: Top firms criticize 'dangerously misguided' $2T plan pouring billions into fixing racial inequalities, climate change, electric cars (with only 5% set aside for bridges, roads and trains)

by Geoff Earle

 

 

Major American business groups have lined up against President Joe Biden's $2.3 trillion infrastructure plan – even after many of them got behind his $1.9 trillion coronavirus relief effort.The opposition signals the headwinds the White House is up against promoting a package the Biden is designating as the next big push of his agenda, and one that he said Friday would create 19 million jobs.The U.S. Chamber of Commerce went after the plan as 'dangerously misguided.' 'Properly done, a major investment in infrastructure today is an investment in the future, and like a new home, should be paid for over time — say 30 years — by the users

 

 

Screen-Shot-2021-03-31-at-2.13.17-PM.png


 

Come on man!  It’s a HUMAN infrastructure bill. 

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On 3/27/2021 at 2:28 AM, Unforgiven said:

https://citizenfreepress.com/breaking/biden-hires-joe-manchins-wife/

 

Biden hires Joe Manchin’s wife…

Joe Biden announced today he is nominating Democrat Senator Joe Manchin’s wife, Gayle Manchin, for the position of federal co-chair of the Appalachian Regional Commission.

 

 

 

Did you have a problem with Trump hiring Mitch McConnell's wife as transportation secretary and did you vocalize it?

 

Asking for a friend...

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