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Is Joe Biden's admin destroying America? The Serious You: How Current Events Affect You
Started 4/18/22 by WALTER784; 256627 views.
Staff
From: WALTER784
Apr-22
I didn't see the teleprompter he was reading from so cannot say for sure.
They may have written Raffa and he said Haifa instead.
Regardless, it's another big embarrassment for us.
FWIW
Staff
From: WALTER784
Apr-23
Showtalk said...
No, they would never let us see the teleprompter.
So then, we have to surmise...
1) We know that Biden is incompetent
2) The script writer may or may not also be incompetent
3) They're both incompetent
Take your pick! (* CHUCKLE *)
FWIW
Staff
From: WALTER784
Apr-26
Biden IS NOT going to extend Trump's tax cuts when they expire this year. Instead, he's going to force people who can't even make ends meet due to the increased Biden inflation to have to fork out even more. Biden could easily extend those tax cuts... But he won't.
So, it sounds like everybody knows what to do in Nov 2024... vote Trump, not Biden who just wants to shaft Americans!!!
Americans are going to get 'crushed' after Trump's tax cuts expire
FWIW
Host
From: Showtalk
Apr-26
They can blame themselves if Biden gets in and continues to destroy the economy for people who can’t afford what he’s planning to do.
Staff
From: WALTER784
Apr-29
Biden is hitting everybody with all kinds of unnecessary taxes and bills that do absolutely nothing for We The People. Here is just another example:
Biggest Corporate Welfare Scam of All Time
Stephen Moore
Apr 09, 2024
President Joe Biden keeps lecturing corporate America to "pay your fair share" of taxes. It turns out he's right that some companies really are getting away scot-free from paying taxes.
But it isn't Big Tech companies in Silicon Valley or the Wall Street financial company "fat cats" or big banks or Walmart. They pay billions in taxes.
The culprits here are the very companies that Biden is in bed with: green energy firms.
It turns out that despite all the promises over the past decade about how renewable energy is the future of power production in America, by far the biggest tax dodgers in the country are the wind and solar power industries. Over the past several decades, the green energy lobby -- what I call the climate-change-industrial complex -- isn't paying its fair share. That's because the vast majority of these companies pay nearly ZERO income taxes.
But they wade in rivers of federal direct and indirect subsidies that keep these zombie companies alive. Over the past two decades, the renewable energy lobby has collected more than one-quarter trillion dollars in subsidies -- payments that we've been assured over and over would be temporary. The argument for these grants, loans, tax abatements and other sweetheart kisses is that these were "infant industries" in need of a Head Start program for CEOs. Except these companies have never even reached puberty after all these years.
What's worse is that Biden keeps spoiling the children with lavish gifts for bad performance. A new report by tax expert Adam Michel at the Cato Institute finds the green energy subsidies -- mostly created by Biden policies like the so-called Inflation Reduction Act -- will drain the Treasury of as much as $1.8 trillion over 10 years.
The Cato report finds that since its passage, "the estimated cost of the IRA's new and expanded energy tax credits increased dramatically."
These tax shelters are just a form of Aid to Dependent Corporations. They never seem to want to cut the umbilical cord.
What have we gotten for this mountain of taxpayer-funded green energy largesse? Nothing, really. Today, we still get 80% of our energy in America from fossil fuels and nuclear power. Wind and solar are stuck at less than 10%. This is some investment we're making.
Meanwhile, Biden keeps railing against companies that pay no income tax. He's advocated a mandatory 15% minimum corporate tax. But guess what industry is explicitly exempt from the minimum? The green energy lobby.
It's just a reminder that a lot of people are getting really, really rich off climate change hysteria.
The "green" in green energy doesn't stand for a cleaner environment. It stands for the color of money. Yours and mine.
Biggest Corporate Welfare Scam of All Time (townhall.com)
FWIW
Staff
From: WALTER784
May-1
The Jobless Numbers That the Government Gives Us Are so Fake
BY MICHAEL SNYDER
April 20, 2024
(The Economic Collapse Blog)—How it is possible that initial claims for jobless benefits have been exactly the same for five of the past six weeks? As Jim Blanco has pointed out, there is no way that this is statistically possible. Honestly, I don’t know any other way to explain this other than to say that the numbers are being cooked.
It appears that the bureaucrats in Washington have gotten so lazy that they aren’t even bothering to change the fake numbers that they are giving us. Even though large companies are conducting mass layoffs all over America, week after week we are given laughable numbers that indicate that everything is just fine.
At this point, the charade has become such a farce that even CNBC has published an article about this…
Calling the state of the U.S. jobs market these days stable seems like an understatement considering the latest data coming out of the Labor Department.
That’s because most of the past several weeks have shown that first-time claims for unemployment benefits haven’t fluctuated at all — as in zero.
For five of the past six weeks, the level of initial jobless filings totaled exactly 212,000. Given a labor force that is 168 million strong, achieving such stasis seems at least unusual if not uncanny, yet that is what the figures released each Thursday morning since mid-March have shown.
Jim Bianco, the head of Bianco Research, was the first one to call attention to the absurdity of getting the exact same number for five of the past six weeks…
“How is this statistically possible? Five of the last six weeks, the exact same number,” market veteran Jim Bianco, head of Bianco Research, posted Thursday on X.
“Initial claims for unemployment insurance are state programs, with 50 state rules, hundreds of offices, and 50 websites to file. Weather, seasonality, holidays, and economic vibrations drive the number of people filing claims from week to week,” he added. “Yet this measure is so stable that it does not vary by even 1,000 applications a week.”
He is right. Something definitely does not smell right about all of this.
Of course it isn’t just for the past few months that we have been given fishy numbers.
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For a couple of years, jobless claims have stayed within a certain range no matter what has been happening in the real economy.
I simply do not have any faith in the official numbers that they give us any longer, and I don’t understand how anyone else can either.
According to Challenger, Gray & Christmas, the number of announced job cuts in the U.S. in March was 7 percent higher than the already elevated level that we witnessed in February…
Employers in the U.S. announced 90,309 job cuts in March — a 7% increase from February, according to data released Thursday from executive coaching firm Challenger, Gray & Christmas.
That amount of planned layoffs mark the highest monthly total since January 2023, when employers announced 102,943 cuts. Companies are cutting jobs as a result of store closures, bankruptcies, organizational restructuring or general cost-cutting, Challenger said. The cuts suggest that “many companies appear to be reverting to a ‘do more with less’ approach,” Senior Vice President Andy Challenger said in a statement.
“While technology continues to lead all industries so far this year, several industries, including energy and industrial manufacturing, are cutting more jobs this year than last,” he said.
But all of these layoffs haven’t even made a blip in the initial jobless claims numbers.
And the BLS says that the unemployment rate actually went down in February…
Data from the Bureau of Labor Statistics released Friday showed the labor market added 3
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