Miscellaneous news items that don't warrant their own thread

Political discussions
User avatar
BDKJMU
Level5
Level5
Posts: 30317
Joined: Wed Jul 01, 2009 6:59 am
I am a fan of: JMU
A.K.A.: BDKJMU
Location: Philly Burbs

Re: Miscellaneous news items that don't warrant their own thread

Post by BDKJMU »

kalm wrote: Sat May 18, 2024 6:39 am
UNI88 wrote: Sat May 18, 2024 6:23 am

A "bleach blonde bad built butch body" person that looks like a neanderthal probably shouldn't be making fun of ow someone else's looks ...

Image
“So MTG wanted to talk about my appearance in COMMITTEE?!

It’s against the rules to do…

She refused to apologize!

The chairman ruled that it was ok…

AND I asked for clarification about what qualifies as “engaging in personalities”
& basically wanted to know if I could talk shit about her appearance as… well… y’all know what she looks like, right?

PEOPLE IN GLASS HOUSES!

This is what happens when mentally deficient people who can’t read and follow rules or just don’t give a damn… somehow end up in CONGRESS!”

Jasmine Crockett
You clearly didn’t quote Crockett, because you used normal English, not high pitched Ebonics (with accompanying finger wag and head weave).
Proud deplorable Ultra MAGA fascist NAZI trash clinging to my guns and religion (and whatever else I’ve been labeled by Obama/Clinton/Biden/Harris).
..peacefully and patriotically make your voices heard..
Image
JMU Football: 2022 & 2023 Sun Belt East Champions.
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

BDKJMU wrote: Sat May 18, 2024 8:02 am
kalm wrote: Sat May 18, 2024 6:39 am

“So MTG wanted to talk about my appearance in COMMITTEE?!

It’s against the rules to do…

She refused to apologize!

The chairman ruled that it was ok…

AND I asked for clarification about what qualifies as “engaging in personalities”
& basically wanted to know if I could talk shit about her appearance as… well… y’all know what she looks like, right?

PEOPLE IN GLASS HOUSES!

This is what happens when mentally deficient people who can’t read and follow rules or just don’t give a damn… somehow end up in CONGRESS!”

Jasmine Crockett
You clearly didn’t quote Crockett, because you used normal English, not high pitched Ebonics (with accompanying finger wag and head weave).
Finger wagging and head weaving? Sounds like marge and boebert.
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
User avatar
BDKJMU
Level5
Level5
Posts: 30317
Joined: Wed Jul 01, 2009 6:59 am
I am a fan of: JMU
A.K.A.: BDKJMU
Location: Philly Burbs

Re: Miscellaneous news items that don't warrant their own thread

Post by BDKJMU »

UNI88 wrote: Sat May 18, 2024 8:11 am
BDKJMU wrote: Sat May 18, 2024 8:02 am
You clearly didn’t quote Crockett, because you used normal English, not high pitched Ebonics (with accompanying finger wag and head weave).
Finger wagging and head weaving? Sounds like marge and boebert.
No, #1 would be AOChe..
Proud deplorable Ultra MAGA fascist NAZI trash clinging to my guns and religion (and whatever else I’ve been labeled by Obama/Clinton/Biden/Harris).
..peacefully and patriotically make your voices heard..
Image
JMU Football: 2022 & 2023 Sun Belt East Champions.
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

BDKJMU wrote: Sat May 18, 2024 8:40 am
UNI88 wrote: Sat May 18, 2024 8:11 am
Finger wagging and head weaving? Sounds like marge and boebert.
No, #1 would be AOChe..
Don't disagree. Crockett's the smartest of the four.
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
kalm
Supporter
Supporter
Posts: 62338
Joined: Thu Oct 01, 2009 3:36 pm
I am a fan of: Eastern
A.K.A.: Humus The Proud
Location: Northern Palouse

Re: Miscellaneous news items that don't warrant their own thread

Post by kalm »

BDKJMU wrote: Sat May 18, 2024 8:02 am
kalm wrote: Sat May 18, 2024 6:39 am

“So MTG wanted to talk about my appearance in COMMITTEE?!

It’s against the rules to do…

She refused to apologize!

The chairman ruled that it was ok…

AND I asked for clarification about what qualifies as “engaging in personalities”
& basically wanted to know if I could talk shit about her appearance as… well… y’all know what she looks like, right?

PEOPLE IN GLASS HOUSES!

This is what happens when mentally deficient people who can’t read and follow rules or just don’t give a damn… somehow end up in CONGRESS!”

Jasmine Crockett
You clearly didn’t quote Crockett, because you used normal English, not high pitched Ebonics (with accompanying finger wag and head weave).
People in semi-literate MAGA houses shouldnt throw stones.
Image
Image
Image
houndawg
Level5
Level5
Posts: 24480
Joined: Tue Oct 14, 2008 1:14 pm
I am a fan of: SIU
A.K.A.: houndawg
Location: Egypt

Re: Miscellaneous news items that don't warrant their own thread

Post by houndawg »

kalm wrote: Sat May 18, 2024 6:39 am
UNI88 wrote: Sat May 18, 2024 6:23 am

A "bleach blonde bad built butch body" person that looks like a neanderthal probably shouldn't be making fun of ow someone else's looks ...

Image
“So MTG wanted to talk about my appearance in COMMITTEE?!

It’s against the rules to do…

She refused to apologize!

The chairman ruled that it was ok…

AND I asked for clarification about what qualifies as “engaging in personalities”
& basically wanted to know if I could talk shit about her appearance as… well… y’all know what she looks like, right?

PEOPLE IN GLASS HOUSES!

This is what happens when mentally deficient people who can’t read and follow rules or just don’t give a damn… somehow end up in CONGRESS!”

Jasmine Crockett
what she looks like is Dog the Bounty Hunter :coffee:
You matter. Unless you multiply yourself by c squared. Then you energy.


"I really love America. I just don't know how to get there anymore."John Prine
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

houndawg wrote: Sat May 18, 2024 10:02 am
kalm wrote: Sat May 18, 2024 6:39 am

“So MTG wanted to talk about my appearance in COMMITTEE?!

It’s against the rules to do…

She refused to apologize!

The chairman ruled that it was ok…

AND I asked for clarification about what qualifies as “engaging in personalities”
& basically wanted to know if I could talk shit about her appearance as… well… y’all know what she looks like, right?

PEOPLE IN GLASS HOUSES!

This is what happens when mentally deficient people who can’t read and follow rules or just don’t give a damn… somehow end up in CONGRESS!”

Jasmine Crockett
what she looks like is Dog the Bounty Hunter :coffee:
Maybe she's the love child of Dog and a neanderthal.
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
houndawg
Level5
Level5
Posts: 24480
Joined: Tue Oct 14, 2008 1:14 pm
I am a fan of: SIU
A.K.A.: houndawg
Location: Egypt

Re: Miscellaneous news items that don't warrant their own thread

Post by houndawg »

UNI88 wrote: Sat May 18, 2024 10:32 am
houndawg wrote: Sat May 18, 2024 10:02 am

what she looks like is Dog the Bounty Hunter :coffee:
Maybe she's the love child of Dog and a neanderthal.
hmmmm....supra-orbital brow ridge...overdeveloped mandible.....you may be on to something
You matter. Unless you multiply yourself by c squared. Then you energy.


"I really love America. I just don't know how to get there anymore."John Prine
Caribbean Hen
Level3
Level3
Posts: 3815
Joined: Mon Jul 16, 2007 11:24 pm
I am a fan of: DELAWARE

Re: Miscellaneous news items that don't warrant their own thread

Post by Caribbean Hen »

Pay per view event

Cage fight

AOC vs Marge

Even I would pay to watch that and hoping they would bust each other up pretty good … they are both toxic but I’ll give Marge an edge because she knows what Biden is …
User avatar
BDKJMU
Level5
Level5
Posts: 30317
Joined: Wed Jul 01, 2009 6:59 am
I am a fan of: JMU
A.K.A.: BDKJMU
Location: Philly Burbs

Re: Miscellaneous news items that don't warrant their own thread

Post by BDKJMU »

Caribbean Hen wrote: Sat May 18, 2024 12:01 pm Pay per view event

Cage fight

AOC vs Marge

Even I would pay to watch that and hoping they would bust each other up pretty good … they are both toxic but I’ll give Marge an edge because she knows what Biden is …
Marge would destroy AOChe.

Marge vs Crockett might be entertaining. Marge advantage in strength, but Crockett has clearly got some ghetto in her.
Proud deplorable Ultra MAGA fascist NAZI trash clinging to my guns and religion (and whatever else I’ve been labeled by Obama/Clinton/Biden/Harris).
..peacefully and patriotically make your voices heard..
Image
JMU Football: 2022 & 2023 Sun Belt East Champions.
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

BDKJMU wrote:
Caribbean Hen wrote: Sat May 18, 2024 12:01 pm Pay per view event

Cage fight

AOC vs Marge

Even I would pay to watch that and hoping they would bust each other up pretty good … they are both toxic but I’ll give Marge an edge because she knows what Biden is …
Marge would destroy AOChe.

Marge vs Crockett might be entertaining. Marge advantage in strength, but Crockett has clearly got some ghetto in her.

Also, FWIW I bet all 3 were drinking or had been, before the fireworks.
Marge’s trailer trash matches Crockett’s “ghetto” and her easy access to meth might give her the advantage.
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
User avatar
BDKJMU
Level5
Level5
Posts: 30317
Joined: Wed Jul 01, 2009 6:59 am
I am a fan of: JMU
A.K.A.: BDKJMU
Location: Philly Burbs

Re: Miscellaneous news items that don't warrant their own thread

Post by BDKJMU »

FWIW allegations are all 3 were drinking or had been, before the fireworks.
https://redstate.com/sister-toldjah/202 ... n-n2174344

We need MORE of this in Congress because at least its entertaining. No one watches 99.9 of what Congress does, esp in committee, because its boring AF. The British system is more entertaining with all their trading barbs. yelling and uproars. Need more of that here.
Proud deplorable Ultra MAGA fascist NAZI trash clinging to my guns and religion (and whatever else I’ve been labeled by Obama/Clinton/Biden/Harris).
..peacefully and patriotically make your voices heard..
Image
JMU Football: 2022 & 2023 Sun Belt East Champions.
User avatar
BDKJMU
Level5
Level5
Posts: 30317
Joined: Wed Jul 01, 2009 6:59 am
I am a fan of: JMU
A.K.A.: BDKJMU
Location: Philly Burbs

Re: Miscellaneous news items that don't warrant their own thread

Post by BDKJMU »

UNI88 wrote: Sat May 18, 2024 2:22 pm
BDKJMU wrote: Marge would destroy AOChe.

Marge vs Crockett might be entertaining. Marge advantage in strength, but Crockett has clearly got some ghetto in her.

Also, FWIW I bet all 3 were drinking or had been, before the fireworks.
Marge’s trailer trash matches Crockett’s “ghetto” and her easy access to meth might give her the advantage.
Ok, then advertise it as ‘White Trash Greene vs Crockett the Hood Rat’ live on Pay Per View.
Proud deplorable Ultra MAGA fascist NAZI trash clinging to my guns and religion (and whatever else I’ve been labeled by Obama/Clinton/Biden/Harris).
..peacefully and patriotically make your voices heard..
Image
JMU Football: 2022 & 2023 Sun Belt East Champions.
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

BDKJMU wrote: Sat May 18, 2024 2:24 pm
UNI88 wrote: Sat May 18, 2024 2:22 pm
Marge’s trailer trash matches Crockett’s “ghetto” and her easy access to meth might give her the advantage.
Ok, then advertise it as ‘White Trash Greene vs Ghetto Crockett’ live on Pay Per View.
Trailer Trash Methhead Greene needs to beat Beetlejuice Boebert for the right to take on Crockett in a jello match.
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
User avatar
BDKJMU
Level5
Level5
Posts: 30317
Joined: Wed Jul 01, 2009 6:59 am
I am a fan of: JMU
A.K.A.: BDKJMU
Location: Philly Burbs

Re: Miscellaneous news items that don't warrant their own thread

Post by BDKJMU »

UNI88 wrote: Sat May 18, 2024 2:35 pm
BDKJMU wrote: Sat May 18, 2024 2:24 pm
Ok, then advertise it as ‘White Trash Greene vs Ghetto Crockett’ live on Pay Per View.
Trailer Trash Methhead Greene needs to beat Beetlejuice Boebert for the right to take on Hood Rat Crockett in a jello match.
FIFY. If doing nicknames for one, have to do nicknames for all.
Proud deplorable Ultra MAGA fascist NAZI trash clinging to my guns and religion (and whatever else I’ve been labeled by Obama/Clinton/Biden/Harris).
..peacefully and patriotically make your voices heard..
Image
JMU Football: 2022 & 2023 Sun Belt East Champions.
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

Iranian President Ebrahim Raisi killed in helicopter crash
Iranian President Ebrahim Raisi, a hardliner long seen as a potential successor to Supreme Leader Ayatollah Ali Khamenei, was killed in a helicopter crash in mountainous terrain near the Azerbaijan border, officials and state media said on Monday.
...
The crash comes at a time of growing dissent within Iran over an array of political, social and economic crises. Iran's clerical rulers face international pressure over Tehran's disputed nuclear programme and its deepening military ties with Russia during the war in Ukraine.
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
Caribbean Hen
Level3
Level3
Posts: 3815
Joined: Mon Jul 16, 2007 11:24 pm
I am a fan of: DELAWARE

Re: Miscellaneous news items that don't warrant their own thread

Post by Caribbean Hen »

UNI88 wrote: Sun May 19, 2024 10:10 pm Iranian President Ebrahim Raisi killed in helicopter crash
Iranian President Ebrahim Raisi, a hardliner long seen as a potential successor to Supreme Leader Ayatollah Ali Khamenei, was killed in a helicopter crash in mountainous terrain near the Azerbaijan border, officials and state media said on Monday.
...
The crash comes at a time of growing dissent within Iran over an array of political, social and economic crises. Iran's clerical rulers face international pressure over Tehran's disputed nuclear programme and its deepening military ties with Russia during the war in Ukraine.
Why were these assholes flying without IFR over a mountain range with no visibility in bad weather?

Just Stupid or something else going on?
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

Why Biden’s almost 100% capital gains tax increase would crush the stock market
Here’s the breakdown of how this tax would increase by almost 100%.

First, the top ordinary income marginal tax rate would increase from 37% today to a future rate of 39.6%.

Second, the top long-term capital gains marginal tax rate would adjust to the top ordinary income marginal tax rate, meaning it would move from 20% to 39.6% for capital gains.

Third, The most important part of this tax centered on what types of income are subject to this new tax. Gains from the sale of stocks, bonds, mutual funds, investment real estate and interests in partnerships and S corporations were all under the umbrella of NIIT. The president is now proposing that this tax moves from 3.8% to 5%.

If you add the proposed 39.6% capital gains tax plus the 5% NIIT, it is how the overall 44.6% would be enacted if the current administration has its way.
...
If these new policies take effect when the Tax Cuts and Jobs Act (TCJA) of 2017 expires at the end of 2025, we will be staring down a barrel in 2025 of millions of Americans selling off their highly appreciated stock positions at today’s long-term capital gains rates versus paying double in 2026.

The simplicity of this is that the law of supply and demand holds true with the stock market. The fear is that selling begets more selling, and if investors that are long-term holders of individual stocks get nervous that double the taxation is imminent, you could see many investors head for the exits in a significant way, especially if Congress, the Senate, and the White House are a sea of blue.
...
These are really dangerous proposals that all Americans need to study closely. If you think the economy is tough now, and you are worried about inflation staying high, just watch what happens at a 44.6% top capital gains rate when it comes to really investing in the future of America.
Why is the biden administration intent upon upending the stock market, killing 401(k)s and IRA and forcing people to rely on social security?

Proposals like these are as much of a threat to Americans as Project 2025.
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
User avatar
GannonFan
Level5
Level5
Posts: 18473
Joined: Mon Jul 23, 2007 6:51 am
I am a fan of: Delaware
A.K.A.: Non-Partisan Hack

Re: Miscellaneous news items that don't warrant their own thread

Post by GannonFan »

UNI88 wrote: Wed May 22, 2024 12:33 pm Why Biden’s almost 100% capital gains tax increase would crush the stock market
Here’s the breakdown of how this tax would increase by almost 100%.

First, the top ordinary income marginal tax rate would increase from 37% today to a future rate of 39.6%.

Second, the top long-term capital gains marginal tax rate would adjust to the top ordinary income marginal tax rate, meaning it would move from 20% to 39.6% for capital gains.

Third, The most important part of this tax centered on what types of income are subject to this new tax. Gains from the sale of stocks, bonds, mutual funds, investment real estate and interests in partnerships and S corporations were all under the umbrella of NIIT. The president is now proposing that this tax moves from 3.8% to 5%.

If you add the proposed 39.6% capital gains tax plus the 5% NIIT, it is how the overall 44.6% would be enacted if the current administration has its way.
...
If these new policies take effect when the Tax Cuts and Jobs Act (TCJA) of 2017 expires at the end of 2025, we will be staring down a barrel in 2025 of millions of Americans selling off their highly appreciated stock positions at today’s long-term capital gains rates versus paying double in 2026.

The simplicity of this is that the law of supply and demand holds true with the stock market. The fear is that selling begets more selling, and if investors that are long-term holders of individual stocks get nervous that double the taxation is imminent, you could see many investors head for the exits in a significant way, especially if Congress, the Senate, and the White House are a sea of blue.
...
These are really dangerous proposals that all Americans need to study closely. If you think the economy is tough now, and you are worried about inflation staying high, just watch what happens at a 44.6% top capital gains rate when it comes to really investing in the future of America.
Why is the biden administration intent upon upending the stock market, killing 401(k)s and IRA and forcing people to rely on social security?

Proposals like these are as much of a threat to Americans as Project 2025.
Because Biden doesn't have a clue about economics or how it works, and I don't think he even knew much about that prior to descending into the significant cognitive decline he's in now.
Proud Member of the Blue Hen Nation
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

GannonFan wrote: Wed May 22, 2024 2:01 pm
UNI88 wrote: Wed May 22, 2024 12:33 pm Why Biden’s almost 100% capital gains tax increase would crush the stock market

Why is the biden administration intent upon upending the stock market, killing 401(k)s and IRA and forcing people to rely on social security?

Proposals like these are as much of a threat to Americans as Project 2025.
Because Biden doesn't have a clue about economics or how it works, and I don't think he even knew much about that prior to descending into the significant cognitive decline he's in now.
But he has people on his staff who do. They might be quasi-economists who believed the government could spend and do whatever it wanted without impacting inflation but are they really dumb enough not to understand what this kind of tax increase will do the markets, retirement accounts, and businesses?

Have you read about the DoJ's settlement with the National Association of Realtors? Sellers' agents can't advertise how much of their commission they will split with buyers' agents and if the DoJ had their way they wouldn't even be able to split their commission. What buyers will least likely be able to afford to pay their agent's commission if it isn't part of the sale and can't be included in the mortgage? First-time homebuyers who struggled to come up with the down payment.

How do middle-class Americans build wealth that they can use to retire and pass on to their children? Through equity in their home and investments in the market?

We speculate about trump's ultimate motives and goals. I think it's fair to do the same for biden and Democrats. What is the endgame?
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
Caribbean Hen
Level3
Level3
Posts: 3815
Joined: Mon Jul 16, 2007 11:24 pm
I am a fan of: DELAWARE

Re: Miscellaneous news items that don't warrant their own thread

Post by Caribbean Hen »

UNI88 wrote: Wed May 22, 2024 3:46 pm
GannonFan wrote: Wed May 22, 2024 2:01 pm

Because Biden doesn't have a clue about economics or how it works, and I don't think he even knew much about that prior to descending into the significant cognitive decline he's in now.
But he has people on his staff who do. They might be quasi-economists who believed the government could spend and do whatever it wanted without impacting inflation but are they really dumb enough not to understand what this kind of tax increase will do the markets, retirement accounts, and businesses?

Have you read about the DoJ's settlement with the National Association of Realtors? Sellers' agents can't advertise how much of their commission they will split with buyers' agents and if the DoJ had their way they wouldn't even be able to split their commission. What buyers will least likely be able to afford to pay their agent's commission if it isn't part of the sale and can't be included in the mortgage? First-time homebuyers who struggled to come up with the down payment.

How do middle-class Americans build wealth that they can use to retire and pass on to their children? Through equity in their home and investments in the market?

We speculate about trump's ultimate motives and goals. I think it's fair to do the same for biden and Democrats. What is the endgame?
The endgame will be a severe economic crisis, much more real, and much more dangerous than climate change right now.

The proposal to Tax unrealized gains is total lunacy
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

Caribbean Hen wrote: Wed May 22, 2024 5:09 pm
UNI88 wrote: Wed May 22, 2024 3:46 pm

But he has people on his staff who do. They might be quasi-economists who believed the government could spend and do whatever it wanted without impacting inflation but are they really dumb enough not to understand what this kind of tax increase will do the markets, retirement accounts, and businesses?

Have you read about the DoJ's settlement with the National Association of Realtors? Sellers' agents can't advertise how much of their commission they will split with buyers' agents and if the DoJ had their way they wouldn't even be able to split their commission. What buyers will least likely be able to afford to pay their agent's commission if it isn't part of the sale and can't be included in the mortgage? First-time homebuyers who struggled to come up with the down payment.

How do middle-class Americans build wealth that they can use to retire and pass on to their children? Through equity in their home and investments in the market?

We speculate about trump's ultimate motives and goals. I think it's fair to do the same for biden and Democrats. What is the endgame?
The endgame will be a severe economic crisis, much more real, and much more dangerous than climate change right now.

The proposal to Tax unrealized gains is total lunacy
Vote Libertarian and get rid of both clowns and their woke/zealous agendas!
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
Caribbean Hen
Level3
Level3
Posts: 3815
Joined: Mon Jul 16, 2007 11:24 pm
I am a fan of: DELAWARE

Re: Miscellaneous news items that don't warrant their own thread

Post by Caribbean Hen »

UNI88 wrote: Wed May 22, 2024 5:12 pm
Caribbean Hen wrote: Wed May 22, 2024 5:09 pm

The endgame will be a severe economic crisis, much more real, and much more dangerous than climate change right now.

The proposal to Tax unrealized gains is total lunacy
Vote Libertarian and get rid of both clowns and their woke/zealous agendas!
Do Libertarians want to trim the fat off federal agencies?
kalm
Supporter
Supporter
Posts: 62338
Joined: Thu Oct 01, 2009 3:36 pm
I am a fan of: Eastern
A.K.A.: Humus The Proud
Location: Northern Palouse

Re: Miscellaneous news items that don't warrant their own thread

Post by kalm »

UNI88 wrote: Wed May 22, 2024 3:46 pm
GannonFan wrote: Wed May 22, 2024 2:01 pm

Because Biden doesn't have a clue about economics or how it works, and I don't think he even knew much about that prior to descending into the significant cognitive decline he's in now.
But he has people on his staff who do. They might be quasi-economists who believed the government could spend and do whatever it wanted without impacting inflation but are they really dumb enough not to understand what this kind of tax increase will do the markets, retirement accounts, and businesses?

Have you read about the DoJ's settlement with the National Association of Realtors? Sellers' agents can't advertise how much of their commission they will split with buyers' agents and if the DoJ had their way they wouldn't even be able to split their commission. What buyers will least likely be able to afford to pay their agent's commission if it isn't part of the sale and can't be included in the mortgage? First-time homebuyers who struggled to come up with the down payment.

How do middle-class Americans build wealth that they can use to retire and pass on to their children? Through equity in their home and investments in the market?

We speculate about trump's ultimate motives and goals. I think it's fair to do the same for biden and Democrats. What is the endgame?
Careful, you’re almost sounding economically progressive :)

Here’s a hint. Both party’s #1 constituency is campaign donors. Someone will make off well from any proposed legislation.

Homeownership as a means to build generational wealth is going away without a serious course correction.
Image
Image
Image
User avatar
UNI88
Supporter
Supporter
Posts: 22967
Joined: Mon Aug 25, 2008 8:30 am
I am a fan of: UNI
Location: the foggy, woggy banks Of the Limpopo River

Re: Miscellaneous news items that don't warrant their own thread

Post by UNI88 »

kalm wrote: Wed May 22, 2024 6:10 pm
UNI88 wrote: Wed May 22, 2024 3:46 pm

But he has people on his staff who do. They might be quasi-economists who believed the government could spend and do whatever it wanted without impacting inflation but are they really dumb enough not to understand what this kind of tax increase will do the markets, retirement accounts, and businesses?

Have you read about the DoJ's settlement with the National Association of Realtors? Sellers' agents can't advertise how much of their commission they will split with buyers' agents and if the DoJ had their way they wouldn't even be able to split their commission. What buyers will least likely be able to afford to pay their agent's commission if it isn't part of the sale and can't be included in the mortgage? First-time homebuyers who struggled to come up with the down payment.

How do middle-class Americans build wealth that they can use to retire and pass on to their children? Through equity in their home and investments in the market?

We speculate about trump's ultimate motives and goals. I think it's fair to do the same for biden and Democrats. What is the endgame?
Careful, you’re almost sounding economically progressive :)

Here’s a hint. Both party’s #1 constituency is campaign donors. Someone will make off well from any proposed legislation.

Homeownership as a means to build generational wealth is going away without a serious course correction.
Arguing against raising capital gains taxes is progressive?

The DoJ actions will accelerate the decline of "homeownership as a means to build generational wealth". Rising home prices are already making it harder to buy your first home, forcing buyers to pay their agent's commissions will make it even harder.

It's almost as if biden wants a nation of renters with little wealth who have to rely on the government. That will suck the ambition and the drive out of this country and contribute to it's downfall.
Being wrong about a topic is called post partisanism - kalm

MAQA - putting the Q into qrazy qanon qonspiracy theories since 2015.
Post Reply