The Biden Administration..V3

69,158 Views | 1747 Replies | Last: 6 hrs ago by Werewolf
GuerrillaPack
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BBW12OG said:

Sleepy Joe touting that he and his administration "created millions of jobs..." after much of the country was shut down from Covid restrictions tells you all you need to know about him and his honesty.

Now, he's touting that he and his administration are responsible for opening up the baby formula plant after they were the ones that had it shut down.

He's the fireman that's first on the scene for every fire because he was the idiot that started the fire.

I'm not saying he is responsible for Covid.. but he damn sure isn't responsible for the jobs he's taking credit for.

He's responsible for the economy's downfall, gas prices due to his anti-energy policies, inflation due to his slow reaction ( admitted by Secretary of Treasury Janet Yellen ), the divisive tone he uses is dividing us worse than President Trump's ever did and this is proven by his 36% - 38% approval rating depending on which poll you follow.

My hope moving forward is the left's followers, on this site in particular, keep up the same mantra along with trotting this idiotic administration out in public as much as possible. You honestly have to ask at this point if they are purposefully being this stupid and irresponsible? If not... God help them.

What is sad is we actually have people willing to defend this and the decisions that are being made.

I'm sure these are the same ones that willingly ignore the kids at the drag show, shootings across the lefty run cities in America, the two-tiered justice system that has seen the DOJ weaponized against the GOP and most of all, ignoring ANY wrongdoings by Sleepy Joe's family and the DNC.

And you know why that is? Because they only get their news from their media masters MSNBC, CNN, ABC, CBS, NBC and every major digital/print media in circulation.

Sheep. Every. Single. One.
It's like we're living in Orwell's 1984, where the government comes out with "statistics", "news" and "history" that is completely altered and the total opposite of reality. And we have about half the country who are a dumbed-down population like the movie Idiocracy, where they actually believe the government and Establishment media B.S.

And the Biden Regime just attempted to LITERALLY create a "Ministry of Truth" within the Department of Homeland Security, moving towards silencing all opposition to the government/Establishment as "dangerous misinformation". And "homeland security"...that's rich...from a government who's policy is to leave the borders wide open and AID the invasion of tens of millions of illegals crossing the border (buying them a smart phone and buying their ticket for a bus or plane, and shipping them to red states).

Our government and Establishment institutions are COMPLETELY CORRUPT. They are wicked as hell, and fully sold out to a Satanic, malevolent agenda -- ie, communism and the "Great Reset" and "New World Order" agenda. They are fanatically pushing this country towards a Sodom and Gomorrah transgender freak show hell, for example. They are foaming at the mouth to destroy the 1st and 2nd Amendments to the Constitution. They are jumping at the chance to lock us down all again on the pretext of this scamdemic, and further destroy our rights. They are deliberately destroying your quality of life (with inflation, phasing out fossil fuels, etc) in order to impoverish and fully enslave the population.
"Ye are not of the world, but I have chosen you out of the world, therefore the world hateth you." - John 15:19
Steve Videtich
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Biden admin may relax China tariffs in bid to ease inflation, commerce secretary says

https://www.foxnews.com/politics/biden-relax-china-tariffs-ease-inflation

Will this help, or is it another play that further empowers China?
BBW12OG
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Steve Videtich said:

Biden admin may relax China tariffs in bid to ease inflation, commerce secretary says

https://www.foxnews.com/politics/biden-relax-china-tariffs-ease-inflation

Will this help, or is it another play that further empowers China?
Helps his son's business partners for sure.

Don't forget, "10% for the big guy..."

It's going to be a short term fix for some industries. It also will lead to the laying off of employees of companies that stepped in when China was hit with the tariffs.

Now que the quotes of Sleepy Joe supporting President Trump's tariffs on China and watch them double back to say they were referring to something else.....

This administration has to be the most inept stepping on their own Richards as any that has ever been in office.
Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
Steve Videtich
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BBW12OG said:

Steve Videtich said:

Biden admin may relax China tariffs in bid to ease inflation, commerce secretary says

https://www.foxnews.com/politics/biden-relax-china-tariffs-ease-inflation

Will this help, or is it another play that further empowers China?
Helps his son's business partners for sure.

Don't forget, "10% for the big guy..."

It's going to be a short term fix for some industries. It also will lead to the laying off of employees of companies that stepped in when China was hit with the tariffs.

Now que the quotes of Sleepy Joe supporting President Trump's tariffs on China and watch them double back to say they were referring to something else.....

This administration has to be the most inept stepping on their own Richards as any that has ever been in office.


If it did help the US, I see it as a short term benefit as well. The tariffs as I understood them were designed to help out US companies in a more level playing field and help bring jobs here. Dropping them doesn't help that.
BBW12OG
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Steve Videtich said:

BBW12OG said:

Steve Videtich said:

Biden admin may relax China tariffs in bid to ease inflation, commerce secretary says

https://www.foxnews.com/politics/biden-relax-china-tariffs-ease-inflation

Will this help, or is it another play that further empowers China?
Helps his son's business partners for sure.

Don't forget, "10% for the big guy..."

It's going to be a short term fix for some industries. It also will lead to the laying off of employees of companies that stepped in when China was hit with the tariffs.

Now que the quotes of Sleepy Joe supporting President Trump's tariffs on China and watch them double back to say they were referring to something else.....

This administration has to be the most inept stepping on their own Richards as any that has ever been in office.


If it did help the US, I see it as a short term benefit as well. The tariffs as I understood them were designed to help out US companies in a more level playing field and help bring jobs here. Dropping them doesn't help that.
You are correct. The steel industry will see some benefits but mostly they will see stateside job losses. Again, they can't keep out of their own damn way with how they have painted themselves into a corner with idiotic decisions one after another.

But the good news is they show no sign of slowing down with them and 60% of the independent voters that have voted in primaries have voted GOP..... very telling with 5 months to go until justice is served.
Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
hokiewolf
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BBW12OG said:

Steve Videtich said:

BBW12OG said:

Steve Videtich said:

Biden admin may relax China tariffs in bid to ease inflation, commerce secretary says

https://www.foxnews.com/politics/biden-relax-china-tariffs-ease-inflation

Will this help, or is it another play that further empowers China?
Helps his son's business partners for sure.

Don't forget, "10% for the big guy..."

It's going to be a short term fix for some industries. It also will lead to the laying off of employees of companies that stepped in when China was hit with the tariffs.

Now que the quotes of Sleepy Joe supporting President Trump's tariffs on China and watch them double back to say they were referring to something else.....

This administration has to be the most inept stepping on their own Richards as any that has ever been in office.


If it did help the US, I see it as a short term benefit as well. The tariffs as I understood them were designed to help out US companies in a more level playing field and help bring jobs here. Dropping them doesn't help that.
You are correct. The steel industry will see some benefits but mostly they will see stateside job losses. Again, they can't keep out of their own damn way with how they have painted themselves into a corner with idiotic decisions one after another.

But the good news is they show no sign of slowing down with them and 60% of the independent voters that have voted in primaries have voted GOP..... very telling with 5 months to go until justice is served.
Agree with both of you here, the best solution is to stop government spending and get the interest rates stable
Originator of the Tony Adams Scale
cowboypack02
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I've thought about this much more than I probably should over the last few days...

caryking
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GuerrillaPack said:

Civilized said:

This fantasy of intentional chaos creation only works if you think that politicians and their motivations are completely misaligned with the public's.

People of all stripes respond to incentives, and one major incentive for politicians is to remain in power. Chaos and pain that voters hold them accountable for is badly misaligned with their typical intent to get reelected.

They risk either voters not forgiving them for getting them in a bad spot in the first place (even if they come up with a solution to help get them out), or even worse not being able to fix an intentionally created problem.

If we're speaking in broad generalities, peace and prosperity Is a much more sure-fire way to reelection than intentional chaos creation and then trying to swoop in and be the savior.
The "elections" are rigged. So the puppet politicians (and their masters) don't have to worry about engaging in outrageous levels of criminality, and having the "voters" kick them out of power.

And even if the "elections" themselves weren't rigged with "voting" and "counting" machines that have no accountability (no paper trail or audit), the elite control both major parties and will never allow a threat to their ONE-party rule system to emerge.

And, yes, the puppet politicians (and their "elite" masters) and their motivations are completely misaligned with the public. We are facing a ruling elite that are waging war against the masses. They seek to enslave us, and ultimately to commit mass genocide of the "useless eater" masses (which is what abortion, for instance, is designed to do).

The true fantasy land is one where you think that voting for these communist Leftist Demoncrat scum is actually making your life better -- while they fanatically work to destroy the 1st and 2nd Amendments, destroy our standard of living (eg, inflation, phase out fossil fuels), destroy our national sovereignty (eg, hand it over to the United Nations and WHO) and erase the border and LITERALLY destroy the nation and have us merged into a future "one world community" and government.
Let's assume for a moment that the politicians are not waging war (or chaos). What then would be the reason for so much deficit spending that adds to the National Debt?

Who has to pay for this? I'll tell you... anybody under 40 is going to become a serf to debt and the Government.
The Administrative State - Rise of the Fourth Reich!!
caryking
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Steve Videtich said:

Biden admin may relax China tariffs in bid to ease inflation, commerce secretary says

https://www.foxnews.com/politics/biden-relax-china-tariffs-ease-inflation

Will this help, or is it another play that further empowers China?
Will this help? Yes

s it another play that further empowers China? Yes

My opinion, this would be the worst move Biden could do. Everything starts with energy. He needs to quit capitulating to the Greens and work on domestic energy. It will not be an immediate affect; however, the very idea of a policy change on energy will soften the world markets.
The Administrative State - Rise of the Fourth Reich!!
caryking
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cowboypack02 said:

I've thought about this much more than I probably should over the last few days...


Ukraine is "NOT" an Allie!!!

They provide nothing that is of the Strategic National Interest to the US. Yes, the invasion is tragic; and, the invasion on our southern border is tragic as well. But, Biden, and a few Republicans send 40B to Ukraine. We have 100K troops in Europe. Bring them home and fortify our border!!
The Administrative State - Rise of the Fourth Reich!!
BBW12OG
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caryking said:

Steve Videtich said:

Biden admin may relax China tariffs in bid to ease inflation, commerce secretary says

https://www.foxnews.com/politics/biden-relax-china-tariffs-ease-inflation

Will this help, or is it another play that further empowers China?
Will this help? Yes

s it another play that further empowers China? Yes

My opinion, this would be the worst move Biden could do. Everything starts with energy. He needs to quit capitulating to the Greens and work on domestic energy. It will not be an immediate affect; however, the very idea of a policy change on energy will soften the world markets.
Sleepy Joe hasn't got a damn clue what he's going to say or what's going on. He reads, poorly, off the teleprompter.

If he EVER takes an unscripted press conference without interference from his handlers, the Easter Bunny or "technical difficulties" he will be exposed.

Doubtful that ever happens.
Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
BBW12OG
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Funny... she was ridiculed for not wearing a mask for a photo-op with kids a few months ago... Now, when faced with the same situation she jokes that she gets ridiculed for not wearing one while kids are masked up.

Yeah... I understand the need for masks when it comes to the protecting at-risk populations. But... this is nothing but political theatre. At least she was smart enough to make sure the cameras didn't catch her saying (sic) "make this look good for the camera... "

Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
BBW12OG
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Can't be part of the Globalist Agenda if you acknowledge today now can you?

Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
caryking
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Shot across the bow...

https://www.bloomberg.com/news/articles/2022-06-07/top-economist-urges-china-to-seize-tsmc-if-us-ramps-up-sanctions?srnd=premium

The Administrative State - Rise of the Fourth Reich!!
Werewolf
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BBW12OG said:

Can't be part of the Globalist Agenda if you acknowledge today now can you?


You are spot on BBW. The Corporation of the United States no longer recognizes our sovereignty. Soon we will learn of a restored Republic. Stay tuned.
Werewolf
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Civilized
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Ironic, this post.
Werewolf
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PackFansXL
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https://www.nationalreview.com/2022/06/bidens-flagrant-abuse-of-emergency-powers-must-be-stopped/

Quote:

In a spate of executive actions on Monday, President Biden invoked his authority under the Defense Production Act (DPA) to declare that a variety of green-energy-related materials were "essential to national defense," and that as a result, the government would be stepping in to increase their production.

In five separate presidential memoranda, Biden said he was using his authority under Section 303 of the DPA to mandate that the government stimulate the production of materials critical to the green-energy sector, including: electrolyzers, fuel cells, and platinum group metals; solar photovoltaic modules and module components; transformers and electric-power-grid components; electric heat pumps; and insulation.

Per the Congressional Research Service (CRS), Section 303 grants the president much broader authority than the section of the law Biden invoked last month in an effort to address the nationwide baby-formula shortage: It allows the government to make purchase commitments for the resources named, directly subsidize their production, and install and purchase equipment used for their production in either government or privately owned facilities. To unlock those considerable economic powers, the law says that the president has to determine that the resource is "essential to national defense," that U.S. industry won't produce enough of the resource in a timely manner, and that the actions taken are "the most cost-effective, expedient, and practical alternative method for meeting the need" for the resource.

Given the broad authority available to the executive under Section 303, the law has a financial limit: Projects authorized under Section 303 that cumulatively cost over $50 million require congressional approval. In the past, very few such projects have ever exceeded that threshold, the CRS notes. But the president does have the authority to waive that financial limit if the actions he authorizes are, in his judgment, "necessary to avert an industrial resource or critical technology item shortfall that would severely impair national defense capability."

Biden waived that limit in each of yesterday's five memoranda, meaning the executive branch now has the power to spend and subsidize as much as it wants without any input from Congress whatsoever.
Biden's handlers are running roughshod over existing law and completely thwarting the will of the people.
hokiewolf
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PackFansXL said:

https://www.nationalreview.com/2022/06/bidens-flagrant-abuse-of-emergency-powers-must-be-stopped/

Quote:

In a spate of executive actions on Monday, President Biden invoked his authority under the Defense Production Act (DPA) to declare that a variety of green-energy-related materials were "essential to national defense," and that as a result, the government would be stepping in to increase their production.

In five separate presidential memoranda, Biden said he was using his authority under Section 303 of the DPA to mandate that the government stimulate the production of materials critical to the green-energy sector, including: electrolyzers, fuel cells, and platinum group metals; solar photovoltaic modules and module components; transformers and electric-power-grid components; electric heat pumps; and insulation.

Per the Congressional Research Service (CRS), Section 303 grants the president much broader authority than the section of the law Biden invoked last month in an effort to address the nationwide baby-formula shortage: It allows the government to make purchase commitments for the resources named, directly subsidize their production, and install and purchase equipment used for their production in either government or privately owned facilities. To unlock those considerable economic powers, the law says that the president has to determine that the resource is "essential to national defense," that U.S. industry won't produce enough of the resource in a timely manner, and that the actions taken are "the most cost-effective, expedient, and practical alternative method for meeting the need" for the resource.

Given the broad authority available to the executive under Section 303, the law has a financial limit: Projects authorized under Section 303 that cumulatively cost over $50 million require congressional approval. In the past, very few such projects have ever exceeded that threshold, the CRS notes. But the president does have the authority to waive that financial limit if the actions he authorizes are, in his judgment, "necessary to avert an industrial resource or critical technology item shortfall that would severely impair national defense capability."

Biden waived that limit in each of yesterday's five memoranda, meaning the executive branch now has the power to spend and subsidize as much as it wants without any input from Congress whatsoever.
Biden's handlers are running roughshod over existing law and completely thwarting the will of the people.
this will make inflation worse
Originator of the Tony Adams Scale
Steve Videtich
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hokiewolf said:

PackFansXL said:

https://www.nationalreview.com/2022/06/bidens-flagrant-abuse-of-emergency-powers-must-be-stopped/

Quote:

In a spate of executive actions on Monday, President Biden invoked his authority under the Defense Production Act (DPA) to declare that a variety of green-energy-related materials were "essential to national defense," and that as a result, the government would be stepping in to increase their production.

In five separate presidential memoranda, Biden said he was using his authority under Section 303 of the DPA to mandate that the government stimulate the production of materials critical to the green-energy sector, including: electrolyzers, fuel cells, and platinum group metals; solar photovoltaic modules and module components; transformers and electric-power-grid components; electric heat pumps; and insulation.

Per the Congressional Research Service (CRS), Section 303 grants the president much broader authority than the section of the law Biden invoked last month in an effort to address the nationwide baby-formula shortage: It allows the government to make purchase commitments for the resources named, directly subsidize their production, and install and purchase equipment used for their production in either government or privately owned facilities. To unlock those considerable economic powers, the law says that the president has to determine that the resource is "essential to national defense," that U.S. industry won't produce enough of the resource in a timely manner, and that the actions taken are "the most cost-effective, expedient, and practical alternative method for meeting the need" for the resource.

Given the broad authority available to the executive under Section 303, the law has a financial limit: Projects authorized under Section 303 that cumulatively cost over $50 million require congressional approval. In the past, very few such projects have ever exceeded that threshold, the CRS notes. But the president does have the authority to waive that financial limit if the actions he authorizes are, in his judgment, "necessary to avert an industrial resource or critical technology item shortfall that would severely impair national defense capability."

Biden waived that limit in each of yesterday's five memoranda, meaning the executive branch now has the power to spend and subsidize as much as it wants without any input from Congress whatsoever.
Biden's handlers are running roughshod over existing law and completely thwarting the will of the people.
this will make inflation worse


I thought inflation was Putin's fault?
hokiewolf
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I'm not holding my breath that the White House or the President will denounce this

https://www.msn.com/en-us/news/crime/california-man-taken-into-custody-near-justice-kavanaugh-s-home-with-weapon/ar-AAYdMBj
Originator of the Tony Adams Scale
PackFansXL
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Biden Wants the Highest Top Tax Rates in the Developed World

Quote:

President Biden wants to raise federal revenues by $4.2 trillion over the next ten years by instituting "the highest top tax rates on individual and corporate income in the developed world."

That's according to a blog post from Erica York and Garrett Watson of the Tax Foundation that analyzes the president's budget proposals.

And what Biden wants is borderline confiscatory taxation of corporations and wealthy individuals. York and Watson write:
Quote:

The major tax proposals include:
  • higher top rates for individual income, corporate income, and capital gains income;
  • ending step-up in basis by making death a taxable event;
  • expanding the base of the Net Investment Income Tax (NIIT) to apply to active pass-through income and making the active pass-through business loss limitation permanent;
  • major changes to international taxation; and,
  • a laundry list of new minimum taxes for individuals, businesses, and international corporations.
Another revenue raiser includes government-set pricing for certain prescription drugs, enforced by an excise tax of 1,900 percent on drug sales.
What would the effects of all that be? York and Watson estimate:
Quote:

The tax increases in BBBA alone would reduce long-run GDP by 0.5 percent, and the tax increases in the budget, including a higher corporate tax rate of 28 percent (up from the current 21 percent) and international tax changes, would further discourage domestic investment and reduce the productive capacity of the United States. For example, raising the corporate tax rate to 28 percent would reduce long-run GDP by 0.7 percent and eliminate 138,000 jobs.
These increases go way beyond what most other developed countries do to tax wealthy individuals and corporations:
Quote:

  • Raising the top marginal tax rate on individual income to 39.6 percent and applying an 8 percent surtax on MAGI above $25 million would bring the combined top marginal tax rate on individual income to 57.3 percent, up from 42.9 percent under current law and above the OECD average of 42.6 percent.
  • Taxing capital gains at ordinary income tax rates would bring the combined top marginal rate in the U.S. to 48.9 percent, up from 29.2 percent under current law and well-above the OECD average of 18.9 percent. Further, Biden's proposal for a complicated "Billionaire Minimum Tax" would bring unrealized gains into the tax base on an annual basis, which is also out of step with international norms.
  • Raising the corporate income tax rate to 28 percent would once again bring the U.S. near the top of the OECD at a combined rate of 32.3 percent, versus 25.8 percent under current law and an OECD average (excluding the U.S.) of 22.8 percent.


Biden's handlers simply don't understand economics.
Steve Videtich
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PackFansXL said:

Biden Wants the Highest Top Tax Rates in the Developed World

Quote:

President Biden wants to raise federal revenues by $4.2 trillion over the next ten years by instituting "the highest top tax rates on individual and corporate income in the developed world."

That's according to a blog post from Erica York and Garrett Watson of the Tax Foundation that analyzes the president's budget proposals.

And what Biden wants is borderline confiscatory taxation of corporations and wealthy individuals. York and Watson write:
Quote:

The major tax proposals include:
  • higher top rates for individual income, corporate income, and capital gains income;
  • ending step-up in basis by making death a taxable event;
  • expanding the base of the Net Investment Income Tax (NIIT) to apply to active pass-through income and making the active pass-through business loss limitation permanent;
  • major changes to international taxation; and,
  • a laundry list of new minimum taxes for individuals, businesses, and international corporations.
Another revenue raiser includes government-set pricing for certain prescription drugs, enforced by an excise tax of 1,900 percent on drug sales.
What would the effects of all that be? York and Watson estimate:
Quote:

The tax increases in BBBA alone would reduce long-run GDP by 0.5 percent, and the tax increases in the budget, including a higher corporate tax rate of 28 percent (up from the current 21 percent) and international tax changes, would further discourage domestic investment and reduce the productive capacity of the United States. For example, raising the corporate tax rate to 28 percent would reduce long-run GDP by 0.7 percent and eliminate 138,000 jobs.
These increases go way beyond what most other developed countries do to tax wealthy individuals and corporations:
Quote:

  • Raising the top marginal tax rate on individual income to 39.6 percent and applying an 8 percent surtax on MAGI above $25 million would bring the combined top marginal tax rate on individual income to 57.3 percent, up from 42.9 percent under current law and above the OECD average of 42.6 percent.
  • Taxing capital gains at ordinary income tax rates would bring the combined top marginal rate in the U.S. to 48.9 percent, up from 29.2 percent under current law and well-above the OECD average of 18.9 percent. Further, Biden's proposal for a complicated "Billionaire Minimum Tax" would bring unrealized gains into the tax base on an annual basis, which is also out of step with international norms.
  • Raising the corporate income tax rate to 28 percent would once again bring the U.S. near the top of the OECD at a combined rate of 32.3 percent, versus 25.8 percent under current law and an OECD average (excluding the U.S.) of 22.8 percent.


Biden's handlers simply don't understand economics.


No, they checked the woke agenda box.
caryking
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PackFansXL said:

Biden Wants the Highest Top Tax Rates in the Developed World

Quote:

President Biden wants to raise federal revenues by $4.2 trillion over the next ten years by instituting "the highest top tax rates on individual and corporate income in the developed world."

That's according to a blog post from Erica York and Garrett Watson of the Tax Foundation that analyzes the president's budget proposals.

And what Biden wants is borderline confiscatory taxation of corporations and wealthy individuals. York and Watson write:
Quote:

The major tax proposals include:
  • higher top rates for individual income, corporate income, and capital gains income;
  • ending step-up in basis by making death a taxable event;
  • expanding the base of the Net Investment Income Tax (NIIT) to apply to active pass-through income and making the active pass-through business loss limitation permanent;
  • major changes to international taxation; and,
  • a laundry list of new minimum taxes for individuals, businesses, and international corporations.
Another revenue raiser includes government-set pricing for certain prescription drugs, enforced by an excise tax of 1,900 percent on drug sales.
What would the effects of all that be? York and Watson estimate:
Quote:

The tax increases in BBBA alone would reduce long-run GDP by 0.5 percent, and the tax increases in the budget, including a higher corporate tax rate of 28 percent (up from the current 21 percent) and international tax changes, would further discourage domestic investment and reduce the productive capacity of the United States. For example, raising the corporate tax rate to 28 percent would reduce long-run GDP by 0.7 percent and eliminate 138,000 jobs.
These increases go way beyond what most other developed countries do to tax wealthy individuals and corporations:
Quote:

  • Raising the top marginal tax rate on individual income to 39.6 percent and applying an 8 percent surtax on MAGI above $25 million would bring the combined top marginal tax rate on individual income to 57.3 percent, up from 42.9 percent under current law and above the OECD average of 42.6 percent.
  • Taxing capital gains at ordinary income tax rates would bring the combined top marginal rate in the U.S. to 48.9 percent, up from 29.2 percent under current law and well-above the OECD average of 18.9 percent. Further, Biden's proposal for a complicated "Billionaire Minimum Tax" would bring unrealized gains into the tax base on an annual basis, which is also out of step with international norms.
  • Raising the corporate income tax rate to 28 percent would once again bring the U.S. near the top of the OECD at a combined rate of 32.3 percent, versus 25.8 percent under current law and an OECD average (excluding the U.S.) of 22.8 percent.


Biden's handlers simply don't understand economics.
Actually, they don't give one **** about economics!!

These are the type of things that cause people like Civ to complain about people like BBW, GP, werewolf, etc…. BBW, GP, and werewolf will call this out (rightfully so) as Marxism.

You really can't make this **** up!!!!!!
The Administrative State - Rise of the Fourth Reich!!
BBW12OG
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caryking said:

PackFansXL said:

Biden Wants the Highest Top Tax Rates in the Developed World

Quote:

President Biden wants to raise federal revenues by $4.2 trillion over the next ten years by instituting "the highest top tax rates on individual and corporate income in the developed world."

That's according to a blog post from Erica York and Garrett Watson of the Tax Foundation that analyzes the president's budget proposals.

And what Biden wants is borderline confiscatory taxation of corporations and wealthy individuals. York and Watson write:
Quote:

The major tax proposals include:
  • higher top rates for individual income, corporate income, and capital gains income;
  • ending step-up in basis by making death a taxable event;
  • expanding the base of the Net Investment Income Tax (NIIT) to apply to active pass-through income and making the active pass-through business loss limitation permanent;
  • major changes to international taxation; and,
  • a laundry list of new minimum taxes for individuals, businesses, and international corporations.
Another revenue raiser includes government-set pricing for certain prescription drugs, enforced by an excise tax of 1,900 percent on drug sales.
What would the effects of all that be? York and Watson estimate:
Quote:

The tax increases in BBBA alone would reduce long-run GDP by 0.5 percent, and the tax increases in the budget, including a higher corporate tax rate of 28 percent (up from the current 21 percent) and international tax changes, would further discourage domestic investment and reduce the productive capacity of the United States. For example, raising the corporate tax rate to 28 percent would reduce long-run GDP by 0.7 percent and eliminate 138,000 jobs.
These increases go way beyond what most other developed countries do to tax wealthy individuals and corporations:
Quote:

  • Raising the top marginal tax rate on individual income to 39.6 percent and applying an 8 percent surtax on MAGI above $25 million would bring the combined top marginal tax rate on individual income to 57.3 percent, up from 42.9 percent under current law and above the OECD average of 42.6 percent.
  • Taxing capital gains at ordinary income tax rates would bring the combined top marginal rate in the U.S. to 48.9 percent, up from 29.2 percent under current law and well-above the OECD average of 18.9 percent. Further, Biden's proposal for a complicated "Billionaire Minimum Tax" would bring unrealized gains into the tax base on an annual basis, which is also out of step with international norms.
  • Raising the corporate income tax rate to 28 percent would once again bring the U.S. near the top of the OECD at a combined rate of 32.3 percent, versus 25.8 percent under current law and an OECD average (excluding the U.S.) of 22.8 percent.


Biden's handlers simply don't understand economics.
Actually, they don't give one **** about economics!!

These are the type of things that cause people like Civ to complain about people like BBW, GP, werewolf, etc…. BBW, GP, and werewolf will call this out (rightfully so) as Marxism.

You really can't make this **** up!!!!!!
Just like the only statues they were coming for were the Confederate Statues. How many statues of the Founding Father's have been torn down? Of Teddy Roosevelt? How many schools have been renamed?

Now they tell us they only want to ban "AR-15's." Why should we believe anything they say when they have been proven time and time again to be nothing but liars with agendas. Sometimes they say the quiet part out loud and when they do we damn sure should believe them.

Now... the economic policy that was posted above is MARXISM plain and simple. Sorry the lefties on her can't accept the fact that that's exactly what it is and where their party's leaders want them to be.

Hell, accept it and embrace. The more you fight it the worse you look denying the obvious. But, denying facts and being oblivious to the current political situation is par for the course with the lefties.

Now according to Manny, Civ, Chem, etc.... that is nothing but a "right wing propaganda site" even though the information is factual because it was posted from a site that they don't slobber over daily like CNN, MSNBC, or any other of their MSM overlords it surely is false.

Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
Civilized
How long do you want to ignore this user?
caryking said:

PackFansXL said:

Biden Wants the Highest Top Tax Rates in the Developed World

Quote:

President Biden wants to raise federal revenues by $4.2 trillion over the next ten years by instituting "the highest top tax rates on individual and corporate income in the developed world."

That's according to a blog post from Erica York and Garrett Watson of the Tax Foundation that analyzes the president's budget proposals.

And what Biden wants is borderline confiscatory taxation of corporations and wealthy individuals. York and Watson write:
Quote:

The major tax proposals include:
  • higher top rates for individual income, corporate income, and capital gains income;
  • ending step-up in basis by making death a taxable event;
  • expanding the base of the Net Investment Income Tax (NIIT) to apply to active pass-through income and making the active pass-through business loss limitation permanent;
  • major changes to international taxation; and,
  • a laundry list of new minimum taxes for individuals, businesses, and international corporations.
Another revenue raiser includes government-set pricing for certain prescription drugs, enforced by an excise tax of 1,900 percent on drug sales.
What would the effects of all that be? York and Watson estimate:
Quote:

The tax increases in BBBA alone would reduce long-run GDP by 0.5 percent, and the tax increases in the budget, including a higher corporate tax rate of 28 percent (up from the current 21 percent) and international tax changes, would further discourage domestic investment and reduce the productive capacity of the United States. For example, raising the corporate tax rate to 28 percent would reduce long-run GDP by 0.7 percent and eliminate 138,000 jobs.
These increases go way beyond what most other developed countries do to tax wealthy individuals and corporations:
Quote:

  • Raising the top marginal tax rate on individual income to 39.6 percent and applying an 8 percent surtax on MAGI above $25 million would bring the combined top marginal tax rate on individual income to 57.3 percent, up from 42.9 percent under current law and above the OECD average of 42.6 percent.
  • Taxing capital gains at ordinary income tax rates would bring the combined top marginal rate in the U.S. to 48.9 percent, up from 29.2 percent under current law and well-above the OECD average of 18.9 percent. Further, Biden's proposal for a complicated "Billionaire Minimum Tax" would bring unrealized gains into the tax base on an annual basis, which is also out of step with international norms.
  • Raising the corporate income tax rate to 28 percent would once again bring the U.S. near the top of the OECD at a combined rate of 32.3 percent, versus 25.8 percent under current law and an OECD average (excluding the U.S.) of 22.8 percent.


Biden's handlers simply don't understand economics.
Actually, they don't give one **** about economics!!

These are the type of things that cause people like Civ to complain about people like BBW, GP, werewolf, etc…. BBW, GP, and werewolf will call this out (rightfully so) as Marxism.

You really can't make this **** up!!!!!!

Brother, I'd give my left nut if BBW or Werewolf would have a cogent policy discussion about marginal tax rates, taxing capital gains, or raising corporate income tax.

"People like Civ" mostly complain about BBW and Werewolf because they don't actually discuss much of anything, not because we disagree with their policy positions.

Who's got time to discuss policy when there are memes to blast and MARXISTS overlords to condemn, amirite comrades?!?
BBW12OG
How long do you want to ignore this user?
Civilized said:

caryking said:

PackFansXL said:

Biden Wants the Highest Top Tax Rates in the Developed World

Quote:

President Biden wants to raise federal revenues by $4.2 trillion over the next ten years by instituting "the highest top tax rates on individual and corporate income in the developed world."

That's according to a blog post from Erica York and Garrett Watson of the Tax Foundation that analyzes the president's budget proposals.

And what Biden wants is borderline confiscatory taxation of corporations and wealthy individuals. York and Watson write:
Quote:

The major tax proposals include:
  • higher top rates for individual income, corporate income, and capital gains income;
  • ending step-up in basis by making death a taxable event;
  • expanding the base of the Net Investment Income Tax (NIIT) to apply to active pass-through income and making the active pass-through business loss limitation permanent;
  • major changes to international taxation; and,
  • a laundry list of new minimum taxes for individuals, businesses, and international corporations.
Another revenue raiser includes government-set pricing for certain prescription drugs, enforced by an excise tax of 1,900 percent on drug sales.
What would the effects of all that be? York and Watson estimate:
Quote:

The tax increases in BBBA alone would reduce long-run GDP by 0.5 percent, and the tax increases in the budget, including a higher corporate tax rate of 28 percent (up from the current 21 percent) and international tax changes, would further discourage domestic investment and reduce the productive capacity of the United States. For example, raising the corporate tax rate to 28 percent would reduce long-run GDP by 0.7 percent and eliminate 138,000 jobs.
These increases go way beyond what most other developed countries do to tax wealthy individuals and corporations:
Quote:

  • Raising the top marginal tax rate on individual income to 39.6 percent and applying an 8 percent surtax on MAGI above $25 million would bring the combined top marginal tax rate on individual income to 57.3 percent, up from 42.9 percent under current law and above the OECD average of 42.6 percent.
  • Taxing capital gains at ordinary income tax rates would bring the combined top marginal rate in the U.S. to 48.9 percent, up from 29.2 percent under current law and well-above the OECD average of 18.9 percent. Further, Biden's proposal for a complicated "Billionaire Minimum Tax" would bring unrealized gains into the tax base on an annual basis, which is also out of step with international norms.
  • Raising the corporate income tax rate to 28 percent would once again bring the U.S. near the top of the OECD at a combined rate of 32.3 percent, versus 25.8 percent under current law and an OECD average (excluding the U.S.) of 22.8 percent.


Biden's handlers simply don't understand economics.
Actually, they don't give one **** about economics!!

These are the type of things that cause people like Civ to complain about people like BBW, GP, werewolf, etc…. BBW, GP, and werewolf will call this out (rightfully so) as Marxism.

You really can't make this **** up!!!!!!

Brother, I'd give my left nut if BBW or Werewolf would have a cogent policy discussion about marginal tax rates, taxing capital gains, or raising corporate income tax.

"People like Civ" mostly complain about BBW and Werewolf because they don't actually discuss much of anything, not because we disagree with their policy positions.

Who's got time to discuss policy when there are memes to blast and MARXISTS overlords to condemn, amirite comrades?!?

Discussion with you? Every time someone has attempted to have a discussion with you all you can do is revert back to "Trump, Trump, Trump..." or some other obfuscation that derails the discussion. It usually occurs when you are shown the facts and you can't refute them.

But feel free to start a thread on the economy. This one is about the mass shooting(s). Remember? Glass started it with a tasteless joke about kids being heinously murdered by a deranged lunatic that had been flagged in the past and was allowed to "slip" through the system by a feckless democratic sheriff's department. FACT.

Now start your thread and stop derailing this one. If you would like to debate the senseless violence and the lack of empathy from you and your comrades on the subject feel free to. There's at least two pages of your lefty brethren stating they could basically give a damn about the mass shootings in inner cities on a nightly basis and the black on black crime problem that they acknowledge, but don't care.

Go ahead Civ.. dazzle us with your brilliance. I'm betting you'll resort to trying to baffle us with your usual ream of BS and excuses.
Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
Werewolf
How long do you want to ignore this user?
Civilized said:

caryking said:

PackFansXL said:

Biden Wants the Highest Top Tax Rates in the Developed World

Quote:

President Biden wants to raise federal revenues by $4.2 trillion over the next ten years by instituting "the highest top tax rates on individual and corporate income in the developed world."

That's according to a blog post from Erica York and Garrett Watson of the Tax Foundation that analyzes the president's budget proposals.

And what Biden wants is borderline confiscatory taxation of corporations and wealthy individuals. York and Watson write:
Quote:

The major tax proposals include:
  • higher top rates for individual income, corporate income, and capital gains income;
  • ending step-up in basis by making death a taxable event;
  • expanding the base of the Net Investment Income Tax (NIIT) to apply to active pass-through income and making the active pass-through business loss limitation permanent;
  • major changes to international taxation; and,
  • a laundry list of new minimum taxes for individuals, businesses, and international corporations.
Another revenue raiser includes government-set pricing for certain prescription drugs, enforced by an excise tax of 1,900 percent on drug sales.
What would the effects of all that be? York and Watson estimate:
Quote:

The tax increases in BBBA alone would reduce long-run GDP by 0.5 percent, and the tax increases in the budget, including a higher corporate tax rate of 28 percent (up from the current 21 percent) and international tax changes, would further discourage domestic investment and reduce the productive capacity of the United States. For example, raising the corporate tax rate to 28 percent would reduce long-run GDP by 0.7 percent and eliminate 138,000 jobs.
These increases go way beyond what most other developed countries do to tax wealthy individuals and corporations:
Quote:

  • Raising the top marginal tax rate on individual income to 39.6 percent and applying an 8 percent surtax on MAGI above $25 million would bring the combined top marginal tax rate on individual income to 57.3 percent, up from 42.9 percent under current law and above the OECD average of 42.6 percent.
  • Taxing capital gains at ordinary income tax rates would bring the combined top marginal rate in the U.S. to 48.9 percent, up from 29.2 percent under current law and well-above the OECD average of 18.9 percent. Further, Biden's proposal for a complicated "Billionaire Minimum Tax" would bring unrealized gains into the tax base on an annual basis, which is also out of step with international norms.
  • Raising the corporate income tax rate to 28 percent would once again bring the U.S. near the top of the OECD at a combined rate of 32.3 percent, versus 25.8 percent under current law and an OECD average (excluding the U.S.) of 22.8 percent.


Biden's handlers simply don't understand economics.
Actually, they don't give one **** about economics!!

These are the type of things that cause people like Civ to complain about people like BBW, GP, werewolf, etc…. BBW, GP, and werewolf will call this out (rightfully so) as Marxism.

You really can't make this **** up!!!!!!

Brother, I'd give my left nut if BBW or Werewolf would have a cogent policy discussion about marginal tax rates, taxing capital gains, or raising corporate income tax.

"People like Civ" mostly complain about BBW and Werewolf because they don't actually discuss much of anything, not because we disagree with their policy positions.

Who's got time to discuss policy when there are memes to blast and MARXISTS overlords to condemn, amirite comrades?!?
I don't debate much here as I don't think debating a couple of you here is worthwhile. I do share information ---information that is typically censored by Corporate Media. Guys and gals like Civ will go down with the ship in denial so it's simply not worth my time. 30-40 years of life and less than 20 years as an adult simply aren't enough time to understand. The communist attempted takeover that's underway is now in full swing because they've had time to indoctrinate and weaken our civilization in a number of ways. The great Americans before my time are mostly gone or frail and unable to lead the resistance. My WW2 veteran uncles and aunts are gone. Most of you didn't know this generation. I can tell you that we would not be living what we're living if we had a full generation of them alive and in their 40's-60's. If you think I'm a pain in the ass you don't know s4it....... this prior generation would be coming through the computer after a few of you looking to plant their boots up your lily white arses. My generation has allowed this to happen.......... as really the 1st of the may entitled generations. We then added to the problems by spoiling our children, etc. We've got a disaster on our hands today.

My hope is that such info might impact someone less engaged or someone that sees the problems but has not spent the time to identify the source of the problem. The source of our problem is global. The actual source is very secretive criminal organization known as the Khazarian Mafia and its leadership includes the 13 families of Cain. Yes, for those of you that are Agnostic or Atheist you'll scoff at this. As someone of an agnostic for many of my years, I have come to understand this over the last dozen years and now as a Believer and Follower of Christ. We are in a spiritual battle for the globe. This is good versus evil. It is as clear to me as the day is long.

Another issue is that most on here are still plugged into Corporate Media. I could spend half my day here trying to convince the brainwashed only for them to plug into to CNN, ABC, NBC, CBS and even FoxNews and Newsmax.........and my work would be undone overnight. These networks are all owned by Globalists. Fox News and Newsmax provide Conservatives with some nuggets consistent with your values/leanings but their job is to slowly lead you away from truth. How do I know? I've studied this for several years....... independent of the Corporate mockingbird media...... which I DO NOT watch.

Simply, most of you are living in a matrix. Turn off the Corporate Media yesterday. Unfortunately; we're all in for a very rough ride and the slower the population awakens to the truth the tougher and longer this coming HE$$ will be.. We'll either have a free country or we'll be enslaved....... literally......in the end.
BBW12OG
How long do you want to ignore this user?
Here's another one of my "right wing memes..." Please dispute this and compare it to what the sham Jan 6 committee is investigating....

This IS what inciting violence looks like comrades.



Now when do we investigate/impeach him for the madman that was going to kill Kavanaugh, do God knows what to his wife and daughters because.. you know "left wing politics."

Can't wait to see the MARXISTS on here condemn this and call Chuck the Cuck out for causing this.

Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
hokiewolf
How long do you want to ignore this user?
BBW12OG said:

caryking said:

PackFansXL said:

Biden Wants the Highest Top Tax Rates in the Developed World

Quote:

President Biden wants to raise federal revenues by $4.2 trillion over the next ten years by instituting "the highest top tax rates on individual and corporate income in the developed world."

That's according to a blog post from Erica York and Garrett Watson of the Tax Foundation that analyzes the president's budget proposals.

And what Biden wants is borderline confiscatory taxation of corporations and wealthy individuals. York and Watson write:
Quote:

The major tax proposals include:
  • higher top rates for individual income, corporate income, and capital gains income;
  • ending step-up in basis by making death a taxable event;
  • expanding the base of the Net Investment Income Tax (NIIT) to apply to active pass-through income and making the active pass-through business loss limitation permanent;
  • major changes to international taxation; and,
  • a laundry list of new minimum taxes for individuals, businesses, and international corporations.
Another revenue raiser includes government-set pricing for certain prescription drugs, enforced by an excise tax of 1,900 percent on drug sales.
What would the effects of all that be? York and Watson estimate:
Quote:

The tax increases in BBBA alone would reduce long-run GDP by 0.5 percent, and the tax increases in the budget, including a higher corporate tax rate of 28 percent (up from the current 21 percent) and international tax changes, would further discourage domestic investment and reduce the productive capacity of the United States. For example, raising the corporate tax rate to 28 percent would reduce long-run GDP by 0.7 percent and eliminate 138,000 jobs.
These increases go way beyond what most other developed countries do to tax wealthy individuals and corporations:
Quote:

  • Raising the top marginal tax rate on individual income to 39.6 percent and applying an 8 percent surtax on MAGI above $25 million would bring the combined top marginal tax rate on individual income to 57.3 percent, up from 42.9 percent under current law and above the OECD average of 42.6 percent.
  • Taxing capital gains at ordinary income tax rates would bring the combined top marginal rate in the U.S. to 48.9 percent, up from 29.2 percent under current law and well-above the OECD average of 18.9 percent. Further, Biden's proposal for a complicated "Billionaire Minimum Tax" would bring unrealized gains into the tax base on an annual basis, which is also out of step with international norms.
  • Raising the corporate income tax rate to 28 percent would once again bring the U.S. near the top of the OECD at a combined rate of 32.3 percent, versus 25.8 percent under current law and an OECD average (excluding the U.S.) of 22.8 percent.


Biden's handlers simply don't understand economics.
Actually, they don't give one **** about economics!!

These are the type of things that cause people like Civ to complain about people like BBW, GP, werewolf, etc…. BBW, GP, and werewolf will call this out (rightfully so) as Marxism.

You really can't make this **** up!!!!!!
Just like the only statues they were coming for were the Confederate Statues. How many statues of the Founding Father's have been torn down? Of Teddy Roosevelt? How many schools have been renamed?

Now they tell us they only want to ban "AR-15's." Why should we believe anything they say when they have been proven time and time again to be nothing but liars with agendas. Sometimes they say the quiet part out loud and when they do we damn sure should believe them.

Now... the economic policy that was posted above is MARXISM plain and simple. Sorry the lefties on her can't accept the fact that that's exactly what it is and where their party's leaders want them to be.

Hell, accept it and embrace. The more you fight it the worse you look denying the obvious. But, denying facts and being oblivious to the current political situation is par for the course with the lefties.

Now according to Manny, Civ, Chem, etc.... that is nothing but a "right wing propaganda site" even though the information is factual because it was posted from a site that they don't slobber over daily like CNN, MSNBC, or any other of their MSM overlords it surely is false.



Originator of the Tony Adams Scale
Werewolf
How long do you want to ignore this user?
https://independentside.com/italian-archbishop-vigano-a-global-coup-has-been-carried-out-all-over-the-world/

Catholic Archbishop letter to the American people about what has been underway. I don't agree with 100% of his letter but nearly all of it and I think he conveniently skips some of the highest-level particulars.

I think there is a counter coup underway in this country. We don't quite have the 80-20 split required but we are very very close.

Those getting heavily into the R vrs D weeds are simply not seeing the puppet masters in the background. Kinda like attending a WWF wrestling match and thinking that its real. The real enemy is not in the ring.
hokiewolf
How long do you want to ignore this user?
BBW12OG said:

Here's another one of my "right wing memes..." Please dispute this and compare it to what the sham Jan 6 committee is investigating....

This IS what inciting violence looks like comrades.



Now when do we investigate/impeach him for the madman that was going to kill Kavanaugh, do God knows what to his wife and daughters because.. you know "left wing politics."

Can't wait to see the MARXISTS on here condemn this and call Chuck the Cuck out for causing this.



Originator of the Tony Adams Scale
Werewolf
How long do you want to ignore this user?
IG Report Confirms True Pundit BOMBSHELL on Hillary's Emails; Details Comey Was Briefed on Clinton-Linked 'Sex Crimes Against Children' Evidence on Weiner Laptop

https://truepundit.com/ig-report-confirms-true-pundit-bombshell-on-hillarys-emails-details-comey-was-briefed-on-clinton-linked-sex-crimes-against-children-evidence-on-weiner-laptop/
Steve Videtich
How long do you want to ignore this user?
BBW12OG said:

Here's another one of my "right wing memes..." Please dispute this and compare it to what the sham Jan 6 committee is investigating....

This IS what inciting violence looks like comrades.



Now when do we investigate/impeach him for the madman that was going to kill Kavanaugh, do God knows what to his wife and daughters because.. you know "left wing politics."

Can't wait to see the MARXISTS on here condemn this and call Chuck the Cuck out for causing this.




I'm sure there is a bi-partisan commission being assembled to assess what hairbrush when he made that speech.
 
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