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  • IrishLax
    replied
    Biden said a bunch of normal shit, and a couple things that are reasonably far to the left. Most of the initiatives Biden put forward should be bipartisan because they poll at 60%+ support. But the GOP is incredibly invested in painting him as "radical" and "socialist" and other scare words so they don't dare acknowledge that.

    This is what America sees:


    But Tim Scott went up there in his "response" and talked about a bunch of things that either 1) weren't in the speech or 2) where Scott had to straight up lie. No different then when earlier this week GOP leaders made up the "BiDeN iS cOmInG fOr YoUr HaMbUrGeRs" story and the lie about the government buying copies of Kamala's book for illegal immigrants. Just a wild strategy. It seems like putting out a platform that says "this is where we can work with Biden" with specific policy initiatives so that HE has to be the one to say no would be a lot smarter than being obstructionist on popular policies while simultaneously trying to convince people that the other side is the one that doesn't want to work together.

    Leave a comment:


  • PerthDomer
    replied
    Originally posted by NorthDakota View Post

    I do think he's going to run into some pretty big problems in 2022 and 2024 depending on what the GOP does. He's trying to spend an awful lot of money. I think the whole "moderate" label may wear out.

    Watching Glenn Kessler eat shit on the Tim Scott thing was rather amusing.
    Milton Friedman once said "There is nothing so permanent as a temporary government program". If the Republicans run against a lot of the popular programs or run on lowering the corporate tax rate/defunding the IRS... that won't go well. It's why we hear so much about woke capital and green eggs and ham.

    Leave a comment:


  • drayer54
    replied
    Originally posted by GoldenToTheGrave View Post

    Lol remember when Trump used a phony "border emergency" to take money from the military to give to politically connected contractors to build useless walls in middle of the desert?
    Yes, that’s back when liberals were mad about kids in cages and the border was fairly secure.

    Leave a comment:


  • GoldenToTheGrave
    replied
    Originally posted by drayer54 View Post
    [TWEET]

    Ohh yeah, a night of moderate radicalism. AKA a boring old man trying pass-off radical ideas under the guise of crisis, a never-ending pot of money, and racism.
    Lol remember when Trump used a phony "border emergency" to take money from the military to give to politically connected contractors to build useless walls in middle of the desert?

    Leave a comment:


  • NorthDakota
    replied
    Originally posted by drayer54 View Post


    Ohh yeah, a night of moderate radicalism. AKA a boring old man trying pass-off radical ideas under the guise of crisis, a never-ending pot of money, and racism.

    I do look forward to Tim Scott's speech. Hopefully, the WAPO folks who thought his ancestors had it easy are watching too.
    I do think he's going to run into some pretty big problems in 2022 and 2024 depending on what the GOP does. He's trying to spend an awful lot of money. I think the whole "moderate" label may wear out.

    Watching Glenn Kessler eat shit on the Tim Scott thing was rather amusing.

    Leave a comment:


  • ResLife Hero
    replied
    Originally posted by Irish#1 View Post
    After reading the article, it sounds like he wants to spend a lot of money.
    Big spending is definitely in the plan, but 2 things to keep in mind: 1) with interest rates, it's SUPER cheap money. Like, the best possible conditions imaginable to kick off large capital endeavors 2) It's his style historically to put something out there that everyone can score wins against and still survive. The final bill/law won't look anything like what's out there now, and that's probably intentional.

    Leave a comment:


  • IrishLax
    replied
    Originally posted by Bishop2b5 View Post
    Moderate radicalism? Oxymoron much?
    That's literally the joke.

    Leave a comment:


  • Irish#1
    replied
    Originally posted by Bishop2b5 View Post
    Moderate radicalism? Oxymoron much?
    If you can't dazzle them with brilliance, baffle them with BS.

    Leave a comment:


  • Bishop2b5
    replied
    Moderate radicalism? Oxymoron much?

    Leave a comment:


  • Irish#1
    replied
    After reading the article, it sounds like he wants to spend a lot of money.

    Leave a comment:


  • drayer54
    replied


    Ohh yeah, a night of moderate radicalism. AKA a boring old man trying pass-off radical ideas under the guise of crisis, a never-ending pot of money, and racism.

    I do look forward to Tim Scott's speech. Hopefully, the WAPO folks who thought his ancestors had it easy are watching too.

    Leave a comment:


  • Rogue219
    replied
    Originally posted by Bishop2b5 View Post
    LOL!!! Joe, Joe, Joe. Can his handlers not do a better job of keeping him from doing stuff like this? It's almost as if they want him to make a fool of himself on a daily basis.
    Irony is dead.

    Leave a comment:


  • Rogue219
    replied
    Joe Biden is coming for your meat.

    The jokes write themselves.

    Leave a comment:


  • PerthDomer
    replied
    Originally posted by NorthDakota View Post

    IrishLax going to the well to carry water for Biden yet again!

    The crypto stuff weirds me out in general. I have had this shit explained to me many times and it all goes right over my head.
    Yea I mean if you want an inflation hedge why not gold? Guess I'm just a luddite.

    Leave a comment:


  • NorthDakota
    replied
    Originally posted by IrishLax View Post

    I'm sorry but you're complaining about ripple and dogecoin? One is a literal meme and entirely worthless in application. The other is one of the worst designed cryptos in existence and currently embroiled in a lawsuit with the SEC. Blaming Joe Biden for you choosing to gamble in two of the most volatile cryptos out there is next level projection.
    IrishLax going to the well to carry water for Biden yet again!

    The crypto stuff weirds me out in general. I have had this shit explained to me many times and it all goes right over my head.

    Leave a comment:


  • IrishLax
    replied
    Originally posted by Crazy Balki View Post

    Yeah, sucks because this really shot a lot of the crypto momentum in the foot.

    XRP and Doge were up big time and this news caused them to sink like a rock. I'm still up considerably on both, but it still really ruffles my jammies.
    I'm sorry but you're complaining about ripple and dogecoin? One is a literal meme and entirely worthless in application. The other is one of the worst designed cryptos in existence and currently embroiled in a lawsuit with the SEC. Blaming Joe Biden for you choosing to gamble in two of the most volatile cryptos out there is next level projection.
    Last edited by IrishLax; 04-23-2021, 11:09 PM.

    Leave a comment:


  • PerthDomer
    replied
    Originally posted by drayer54 View Post


    The world is laughing at us
    They all want our vaccines so probably not. Ask europe how the lockdowns are going.

    Leave a comment:


  • drayer54
    replied
    I’ve flip flopped. The re-alignment is getting awkward.


    Rich Americans Face Biden Tax Hike With Anger, Denial and Grief

    The chairman of Signum Global Advisors wasn’t thrilled.

    “Raising capital gains taxes hurts the capital markets,” he said in a text message. “Better to raise the personal top marginal rate and estate tax. Leave capital gains and dividends alone.”

    Myers has raised funds for Joe Biden, and wasn’t shocked by the White House’s plan because it was part of the president’s campaign. But the donor doesn’t think that 43.4% rate will make it into final legislation.

    As the plane descended, he added: “Over-taxing success is un-American.”





    Last edited by drayer54; 04-23-2021, 09:35 PM.

    Leave a comment:


  • Armyirish47
    replied
    Can somebody get me a market update so I can appropriately calibrate my rage this weekend? Thanks!

    Leave a comment:


  • NorthDakota
    replied
    Its hokey. But whatever.

    Leave a comment:


  • Bishop2b5
    replied
    LOL!!! Joe, Joe, Joe. Can his handlers not do a better job of keeping him from doing stuff like this? It's almost as if they want him to make a fool of himself on a daily basis.

    Leave a comment:


  • Irish#1
    replied
    Originally posted by irish4ever View Post

    But the camera was within 6 ft. of him ... so I suppose that he wears the damn mask regarding "social distancing"!
    That picture looks like it's more than 6ft away. Besides the cameraman is behind the camera making him further away.

    Leave a comment:


  • Trait Expectations
    replied
    Originally posted by Crazy Balki View Post
    Every stock in my portfolio took a hit today and my crypto value was almost cut in half.

    I'm not part of the tippy top that Biden and co. want to tax.

    Thanks Biden, you fossilized f*ckface.
    We're all really sad you had a bad day on the stock market. Don't worry, that almost never happens so you'll probably not experience that again in your lifetime.

    I'm sure it was Joe's fault. Just like the previous 4 years were Trump's.

    Leave a comment:


  • irish4ever
    replied
    Originally posted by Irish#1 View Post
    It's a Zoom meeting Joe.
    But the camera was within 6 ft. of him ... so I suppose that he wears the damn mask regarding "social distancing"!

    Leave a comment:


  • Irish#1
    replied
    It's a Zoom meeting Joe.

    Leave a comment:


  • drayer54
    replied


    The world is laughing at us

    Leave a comment:


  • irish4ever
    replied
    Originally posted by Crazy Balki View Post
    Every stock in my portfolio took a hit today and my crypto value was almost cut in half.

    I'm not part of the tippy top that Biden and co. want to tax.

    Thanks Biden, you fossilized f*ckface.
    You're being too kind to ol Mush Brain!

    Leave a comment:


  • Armyirish47
    replied
    Oh noes, muh investments aren't at record highs any more!!!!

    Leave a comment:


  • Crazy Balki
    replied
    Originally posted by drayer54 View Post

    But the tweets aren’t mean.

    I bought Doge like an hour ago and watching it still move lower. Odds of Joe Manchin approving are low, so use it to buy. Republicans are moving closer to signing off on a corporate tax hike though as the political realignment continues and the anti- corporate vibe grows in the GOP.
    Yeah, sucks because this really shot a lot of the crypto momentum in the foot.

    XRP and Doge were up big time and this news caused them to sink like a rock. I'm still up considerably on both, but it still really ruffles my jammies.

    Leave a comment:


  • PerthDomer
    replied
    Capital gains need to be taxed at a similar rate to wages. The difference has led to market distortions. To make this work you need to index the assets to inflation. My hope is this/infrastructure etc. Are big opening salvos so that biden can get what he wants after compromises are made.

    Also, Goldman has found that when taxes on assets go up you generally get a short term sell off but in the medium/long term the market stabilizes“History shows stock prices fall, equity allocations decline, and momentum underperforms ahead of increases in the capital gains tax rate,” Goldman strategists wrote. “However, any potential equity selling will be short-lived and reversed in subsequent quarters.”

    https://www.bloomberg.com/news/artic...n?srnd=premium.

    Leave a comment:


  • drayer54
    replied
    Originally posted by Crazy Balki View Post
    Every stock in my portfolio took a hit today and my crypto value was almost cut in half.

    I'm not part of the tippy top that Biden and co. want to tax.

    Thanks Biden, you fossilized f*ckface.
    But the tweets aren’t mean.

    I bought Doge like an hour ago and watching it still move lower. Odds of Joe Manchin approving are low, so use it to buy. Republicans are moving closer to signing off on a corporate tax hike though as the political realignment continues and the anti- corporate vibe grows in the GOP.

    Leave a comment:


  • Crazy Balki
    replied
    Every stock in my portfolio took a hit today and my crypto value was almost cut in half.

    I'm not part of the tippy top that Biden and co. want to tax.

    Thanks Biden, you fossilized f*ckface.

    Leave a comment:


  • Green Mountains
    replied
    Don't worry, it's just for the "Wealthy". It couldn't possible impact any of us. "Those making less than 42,000 a year won't be impacted"

    Italics - I made that up! But it will be something like that.


    Leave a comment:


  • drayer54
    replied


    Leave a comment:


  • Irish#1
    replied
    Damnit Joe. Don't make me put off my retirement so you can pay for your spending spree.

    Leave a comment:


  • RDU Irish
    replied
    https://seekingalpha.com/news/368472...ins-tax-to-434

    SMH

    Leave a comment:


  • drayer54
    replied
    Originally posted by Polish Leppy 22 View Post
    Kids are in cages and Biden went golfing yesterday. Doesn't get my blood pressure up, but there's some selective outrage this weekend we aren't seeing from the Left.

    lol there's so many of these.

    Leave a comment:


  • Polish Leppy 22
    replied
    Kids are in cages and Biden went golfing yesterday. Doesn't get my blood pressure up, but there's some selective outrage this weekend we aren't seeing from the Left.

    Leave a comment:


  • NorthDakota
    replied
    Originally posted by Irish YJ View Post

    First of all, conservatives or liberals here, are not the same as there, or other places. There's a huge difference in most of the ranges.

    In terms of Australia, where I have a few friends.... One could say they are stoolies to the Chinese. The gov, per opinion of some, has been infiltrated. Won't go that far, but if you know, or live in Australia, you know it's a real debate. And you also know the dependencies.

    Trump was a twit, but the current is a much weaker twit who lets your closest neighbor, and closest threat prosper. You sound like a lib that spent time in the land down under, but only rep a small portion of the country.
    Joe Biden is the dude who thinks it's a cool idea to pull out of Afghanistan on the 20th anniversary of 9/11... and the bitchboy who didn't want to kill Osama.

    Whether you are a hawk, or a dove, dude has about as much of an instinct for foreign policy as an 8 year old. It's easy to see why he plagiarized in law school lol.

    Leave a comment:


  • Irish YJ
    replied
    Originally posted by PerthDomer View Post

    https://www.theguardian.com/world/20...s-to-wuhan-lab

    They disliked Trump because they saw him as an illiberal twit who both wanted to withdraw from the world but also dictate what would happen. Working within global frameworks is a force multiplier for us. I studied abroad in Australia and my conservative aussie friend frequently asked how we could vote in the former guy.
    First of all, conservatives or liberals here, are not the same as there, or other places. There's a huge difference in most of the ranges.

    In terms of Australia, where I have a few friends.... One could say they are stoolies to the Chinese. The gov, per opinion of some, has been infiltrated. Won't go that far, but if you know, or live in Australia, you know it's a real debate. And you also know the dependencies.

    Trump was a twit, but the current is a much weaker twit who lets your closest neighbor, and closest threat prosper. You sound like a lib that spent time in the land down under, but only rep a small portion of the country.

    Leave a comment:


  • Irish YJ
    replied
    As it pertains to the Stans... IIRC, when Trump wanted to get out, libs flipped their shit and all of sudden "generals" came out to criticize.

    This is a non-partisan issue that partisans will make an issue. It's disgusting.

    If you think the US should be in the shit of every situation, you might have a "control" issue.

    Make the other "leading" countries do their part and set examples. Oh wait, the previous admin asked that.

    Leave a comment:


  • Irish#1
    replied
    Originally posted by PerthDomer View Post

    https://www.theguardian.com/world/20...s-to-wuhan-lab

    They disliked Trump because they saw him as an illiberal twit who both wanted to withdraw from the world but also dictate what would happen. Working within global frameworks is a force multiplier for us. I studied abroad in Australia and my conservative aussie friend frequently asked how we could vote in the former guy.
    He wanted to withdraw because he saw we were not getting the assistance and backing from others. He felt it was unfair for the US to constantly do all the heavy lifting and spending the most. Unlike predecessors, he was willing to take a different approach to get a response.

    I get your disdain for Trump, but there were areas like this where it takes a different approach. Otherwise it’s the same day after day with no improvement.

    Leave a comment:


  • drayer54
    replied
    Originally posted by ulukinatme View Post
    Did I miss any discussion about CNN getting exposed this week (Not that any of it was really shocking) or the "Russian Bountygate" from last year being confirmed a hoax by our intelligence?
    I think most serious people recognize CNN is propaganda anyways. The cycle of unsubstantiated claims targeting Republicans getting blown up as news stories to hammer Republicans and then quietly getting retracted months after the damage is done is rather annoying. Georgia call was an interesting one and we still don’t have a source for the Atlantic hit piece on suckers and losers. It’s all bullshit to control the narrative.


    Leave a comment:


  • ulukinatme
    replied
    Did I miss any discussion about CNN getting exposed this week (Not that any of it was really shocking) or the "Russian Bountygate" from last year being confirmed a hoax by our intelligence?

    Leave a comment:


  • PerthDomer
    replied
    Originally posted by Irish#1 View Post

    They didn’t like Trump because Trumpet called a spade a spade. He called for allies to step up and carry they’re own weight in these matters.
    https://www.theguardian.com/world/20...s-to-wuhan-lab

    They disliked Trump because they saw him as an illiberal twit who both wanted to withdraw from the world but also dictate what would happen. Working within global frameworks is a force multiplier for us. I studied abroad in Australia and my conservative aussie friend frequently asked how we could vote in the former guy.

    Leave a comment:


  • Irish#1
    replied
    Originally posted by PerthDomer View Post
    Biden's on record wanting out of Afganistan in Obama's 1st term. He got overruled. Also, economically we'll need to coordinate with Europe/ our SE asian friends in this. They happen to respect the current guy more than the former guy...
    They didn’t like Trump because Trumpet called a spade a spade. He called for allies to step up and carry they’re own weight in these matters.

    Leave a comment:


  • PerthDomer
    replied
    Biden's on record wanting out of Afganistan in Obama's 1st term. He got overruled. Also, economically we'll need to coordinate with Europe/ our SE asian friends in this. They happen to respect the current guy more than the former guy...

    Leave a comment:


  • RDU Irish
    replied
    Originally posted by drayer54 View Post

    I totally agree with this. I don't think keeping a handful of people in Afghanistan is handcuffing us in Asia, but I also would have been happy to get out of Afghanistan in 2004. Period.

    China and SE Asia is the new ballpark. I think we need a President who pushes our allies to increase their defense spending and create a more formidable alliance to oppose the rising threat from China. Biden laughed at China as a candidate, but I doubt he is now. Bipartisanship on military spending is always smooth and amazing. Don't hold your breath for cuts.
    FIFY

    We had a president who pushed our allies to increase defense spending - he was lambasted in the media for not playing nice and ignored for being effective at getting NATO to up their spending.

    And it's OK, China is laughing at Biden now so they are kind of even.

    Leave a comment:


  • drayer54
    replied
    Originally posted by RDU Irish View Post

    Energy independence was the best foreign policy move ever and first thing Biden worked to undo. And so much of our military "spending" is on salaries, pensions, VA, disability. China can maintain 10 troops for the price we put in to one and probably doesn't care if they have PTSD or missing limbs for the rest of their lives. With WWII, Korea and Vietnam vets dying off we are replacing their "cost" of disability and medical with a new generation of 20-30 year olds with a lifetime of disability and medical costs ahead of them. Conveniently keeps that military budget up. I'm all for a ready military but spending decades maiming ourselves after 9/11 is cutting off your nose to spite your face.

    Anyone who thinks Biden is eliciting respect from the rest of the world is comically naive.
    I totally agree with this. I don't think keeping a handful of people in Afghanistan is handcuffing us in Asia, but I also would have been happy to get out of Afghanistan in 2014. Period.

    China and SE Asia is the new ballpark. I think we need a President who pushes our allies to increase their defense spending and create a more formidable alliance to oppose the rising threat from China. Biden laughed at China as a candidate, but I doubt he is now. Bipartisanship on military spending is always smooth and amazing. Don't hold your breath for cuts.

    Leave a comment:


  • RDU Irish
    replied
    Originally posted by PerthDomer View Post
    The article is paywalled, but in Matt Yglesias's substack he shows why the Middle East used to be #1 in geostrategic importance. In the cold war we were a big oil importer and the Soviets could sweep in and cut us off from oil, crippling our economy. At the current time we're net exporters and China's economy is way more exposed to oil shocks than ours is. Additionally, Israel seems to have made peace with the Sunnis in an alliance with Iran. If we can stop the two sides from getting into a nuclear arms race and stop terrorist states from setting up that's what we need.

    Basically we need to get out of the Middle East and focus on East Asia. We spend more on defense than the next 10 countries added up, in large part because we've made commitments/goals that aren't doable.
    Energy independence was the best foreign policy move ever and first thing Biden worked to undo. And so much of our military "spending" is on salaries, pensions, VA, disability. China can maintain 10 troops for the price we put in to one and probably doesn't care if they have PTSD or missing limbs for the rest of their lives. With WWII, Korea and Vietnam vets dying off we are replacing their "cost" of disability and medical with a new generation of 20-30 year olds with a lifetime of disability and medical costs ahead of them. Conveniently keeps that military budget up. I'm all for a ready military but spending decades maiming ourselves after 9/11 is cutting off your nose to spite your face.

    Anyone who thinks Biden is eliciting respect from the rest of the world is comically naive.

    Leave a comment:

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