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washparkhorn

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Everything posted by washparkhorn

  1. Because we are vaccinated, you dumb fuck! I love these "truth slaps you in the face" moments.
  2. The biggies buying up real estate of the dying do not approve this message. Death on a property leaves a stain on the provenance.
  3. Give them Bread and Circuses and they will never revolt. ~ Captain James T. Kirk, of the USSS Enterprise.
  4. They are saying the quiet stuff out loud - with a screaming bellow. There's a bad moon on the rise.
  5. Toxic narcissist. Makes sense. IMHO she is either corrupt (with possible criminal liability) or legally incompetent. Can she be declared legally incompetent and removed? Serious question. Great read. Highly recommend to all.
  6. Supreme Court - in gutting corruption cases - left one provision: quid pro quo bribery remains punishable under the Federal Bribery Act. Go after those who gave her the money for her obstruction on this bill, AG Garland.
  7. This is not a new argument. Beardsley Ruml (Fed) 1946, American Affairs magazine (January 1946): TAXES FOR REVENUE ARE OBSOLETE Mr. Ruml read this paper before the American Bar Association during the last year of the war [World War II]. It attracted then less attention than it deserved and is even more timely now, with the tax structure undergoing change for peacetime. His thesis is that given (1) control of a central banking system and (2) an inconvertible currency, a sovereign national government is finally free of money worries and need no longer levy taxes for the purpose of providing itself with revenue. All taxation, therefore, should be regarded from the point of view of social and economic consequences. I hope that helps.
  8. You asked for a purpose/use for taxes in the current system. They are used to drain liquidity from the system (calm inflation by reducing aggregate demand). Taxes drive use of the currency, as those obligations are payable in USD only. Eliminating taxation (federal) would increase the money supply by ~20% (inflationary). The fundamental point, as you recognized, is that income taxes do not fund the government. Creation of money by the Fed (with the resulting multiplier effects) funds public expenditures.
  9. In the battle against inflation, this economic tool is strong lever to drain excess consumption/demand (sop up the excess liquidity) from the system. Drains, if you will, to keep this hydraulic neoliberal economic machine humming along efficiently. Just one of many other inflation fighting tools available to Congress and the Fed. After all, the spice must flow.
  10. Always follow the money with grifters.
  11. Fuck her. In an earlier cosplay, Sinema protested with Code Pink. Remember them Kyrsten? Karma is a bitch.
  12. Who has sold out (not-Repubs - they sold out a long long time ago): It sounds bizarre, but a $1,117.40 summer internship at a vineyard in the heart of California wine country may prove the ultimate saga in how Big Money has permanently broken American politics. It was as seen on TV this past week in Washington, where squabbling Democrats and an obstructionist GOP is showing the middle class why we can’t have nice things. The eager worker who showed up during the coronavirus summer of 2020 was no ordinary summer intern, but a then-44-year-old United States senator: Democrat Kyrsten Sinema. That Sinema (who makes $174,000 a year at her day job) would spend a week picking and maybe stomping on grapes in Napa Valley for some pocket change actually isn’t totally shocking for the Senate’s most iconoclastic member — atheist and bisexual with a defiant openness, and a marathoner with a Ph.D. in justice. What’s more noteworthy is who was hosting Sinema and paying her four-figure intern salary during that wine-soaked summer: Billionaire Bill Price, who not only owns the Three Sticks winery in Sonoma but also co-founded one of America’s most lucrative private-equity funds, TPG Capital. At the end of her internship, Price did something worth more than his intern’s modest paycheck: He hosted a $5,000-a-ticket fundraiser that benefited both the Arizona senator’s campaign but also a PAC that supports a gaggle of centrist — i.e., anti-progressive — Democrats on Capitol Hill. The Intercept reported that the vineyard fundraiser was a key stop on a Sinema summer 2020 tour that netted campaign cash from Price, his TPG Capital associates, and Silicon Valley legends like billionaire Bill Gates. Flash forward to the politically fraught autumn of 2021, and Sinema’s opaque obstructionism has become the grapes of wrath for President Biden and their fellow Democrats seeking to invest $350 billion a year to continue child tax credits for the middle class, expand child care, fight climate change and offer free community college. The plan is foundering largely because of vague but obstinate opposition from Sinema and her money-soaked doppelganger Sen. Joe Manchin of West Virginia, when Democrats need all 50 of their senators onboard. Advocates believe the real problem is how Biden and his allies want to pay for this: Largely by raising taxes on Sinema’s filthy rich patrons such as Price and Gates. Will Bunch, Columnist, Philadelphia Inquirer - https://www.inquirer.com/columnists/attytood/kyrsten-sinema-blocks-biden-agenda-money-politics-20210930.html
  13. As citizens, they certainly have prospered with their ability to pass the laws they write.
  14. Looks like the Delta wave was spawned in the fetid tip of Florida. yuck.
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