Thread: American Politics
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10-09-22 22:23 #10592
Posts: 1807Originally Posted by PVMonger [View Original Post]
According to this link from 2021, only 36% of people making over $200,000 per year supported Democrats, compared to 63% making less than $15,000 per year.
https://www.debt.org/faqs/americans-...ics-democrats/
And from this link, people making over $221,572 paid 59.4% of the income tax.
https://taxfoundation.org/publicatio...come-tax-data/
Tie the two together. Republicans on average undoubtedly pay more to the federal government than they get out of it in benefits. As to Democrats, I'm not sure. But our system at the federal level is so wasteful and inefficient I suspect they get a bum deal too.
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10-09-22 22:02 #10591
Posts: 1807Originally Posted by Spidy [View Original Post]
The second constituency is the environmentalists who want to see an end to oil and gas production in the USA.
This is not like tobacco. Could you imagine Joe Biden threatening to put a windfall profits tax on American tobacco companies if they don't lower the price of their product? Or threatening to strong arm some tobacco cartel or big tobacco producing country? Well, that's what Biden, Schumer, Newsome and others are doing to American oil producers and refiners. And OPEC and Saudi Arabia. They're doing their dead level best to get the price of gasoline down, which will INCREASE consumption of gasoline in the USA and INCREASE carbon dioxide emissions.
As to Pakistan, it's getting its incremental power supply from coal, and building coal fired power plants financed by China. So to some extent are China, India, Indonesia, and other developing countries. We account for only 14% of worldwide carbon emissions, and that number will go down with every passing year. In Bernie Sanders' wet dream, where we ban fracking immediately and otherwise immolate ourselves like Europe so that some of our people will die because they can't afford to heat their homes, we can't make a significant difference in worldwide emissions through restrictions on our fossil fuel producers.
And as to your link about oil company subsidies, the writer, Nathan Taft, is a dumb ass. Canada and I both know about 1000% more about taxation of energy companies than he does. Taft's apparently unaware that the intangible drilling cost deduction represents the same tax treatment as 100% bonus depreciation, received by all American companies in all industries. Or that the deduction for IDC doesn't reduce the amount of tax paid by an oil company, it only affects the timing of when the taxes are paid. Also he fails to note that oil and gas companies pay severance taxes, which other companies don't pay. The rate in Texas is 7.5% on gas and 4.6% on oil, and higher and lower in other states. This amount comes off of GROSS revenues, so it's significant. Oil companies pay much higher property taxes than many other companies, because most of their assets, outside of accounts receivable and cash, are subject to ad valorem taxes. Take these factors into account, and also take into account that the subsidies are negligible compared to income, and the oil and gas industry is more heavily taxed and receives less subsidies than average. And I'm not even counting gasoline taxes, you can arguably say are paid by the consumer instead of the industry.
Most bizarrely, Taft doesn't even note the one significant "unfair" tax break given to smaller American producers, the percentage depletion deduction. Taft doesn't know sh*t.
Ask me for links and sources. I dare you. I double dare you.
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10-09-22 21:30 #10590
Posts: 1807Originally Posted by EihTooms [View Original Post]
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10-09-22 20:57 #10589
Posts: 1801Some great news coming out of USA. A highly important legal case is being brought against the government on sensorship:
https://www.youtube.com/watch?v=8z9mFeu59UA
I am really wishing it well.
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10-09-22 14:51 #10588
Posts: 1604Ass Kicking?
Originally Posted by Tiny12 [View Original Post]
Who was the person who commented on the post as if it was real news? Not me. You didn't even know that the site that the OP copied-and-pasted from (without citation I might add) was even satire. If you had, you'd have commented differently. But sure, believe what you want to believe.
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10-09-22 10:15 #10587
Posts: 5466Yep, the Fed was far behind the curve
Try as he might too little too late, Trump's originally appointed Fed Chairman can't seem to artificially induce a mini recession many want to occur in Biden's roaring economy.
Of course, Biden had little choice but to re-appoint him so as not to spook the titans of industry even more than they were already justifiably spooked into abject terror at the time of the historically horrific Trump-to-Biden hand off.
And Biden promised in the 2020 campaign and has tried to govern ever since his landslide victory to work with Repubs and to include them wherever possible. Which has really been his only significant mistake and failing as POTUS so far.
September job gains affirm that the Fed has a long way to go in inflation fight
https://www.cnbc.com/2022/10/07/sept...ndroidappshare
Septembers jobs report provided both assurance that the jobs market remains strong and that the Federal Reserve will have to do more to slow it down.
The 263,000 gain in nonfarm payrolls was just below analyst expectations and the slowest monthly gain in nearly a year and a half.
But a surprising drop in the unemployment rate and another boost in worker wages sent a clear message to markets that more giant interest rate hikes are on the way.
Low unemployment used to feel so good. Everybody who seems to want a job is getting a job, said Ron Hetrick, senior economist at labor force data provider Lightcast. But weve been getting into a situation where our low unemployment rate has absolutely been a significant driver of our inflation.
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10-09-22 04:02 #10586
Posts: 1127Sorry can't help ya!
Originally Posted by ChuchoLoco [View Original Post]
Don't plan to do what has already been done / posted. Go back and "READ" my posts, for real this time and maybe it will finally sink in and you'll get your "A-ha! Moment!" Good Luck!
If NOT, DON'T WORRY! Don't loose any sleep over it.
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10-09-22 03:29 #10585
Posts: 5466Time to ask the inevitable question
Typically pro Repub Mainstream Media might be resistant to connecting the blatantly obvious dots in their own reports for fear that they will lead directly to their beloved giant Orangutan who refuses to leave the room. But patriotic Americans, supporters and defenders of democracy around the world should not be afraid to do so and ask the inevitable question:
Given Donald Helsinki Trump's consistent allegiance and devotion to Putin and his mission to destroy democracy in America and around the world, what did Putin know about American allies' ultimate nuclear capabilities that emboldened him to invade Ukraine and essentially declare war on democracy and the Western Alliances, when did he know it and which perennially desperately financially strapped giant Orangutan likely gave him the intel he wanted in order to proceed with the plan?
Document seized from Trump home described foreign govt's nuclear capabilities
https://www.reuters.com/world/us/doc...es-2022-09-07/
Timeline of the 2022 Russian invasion of Ukraine
https://en.m.wikipedia.org/wiki/Time...ion_of_Ukraine
Why has Russia invaded Ukraine and what does Putin want?
https://www.bbc.com/news/world-europe-56720589
Putin threatens to use nuclear weapons as he escalates his invasion of Ukraine: 'This is not a bluff'
https://www.businessinsider.com/puti...luffing-2022-9
Biden warns risk of nuclear 'Armageddon' is highest since Cuban Missile Crisis
https://www.nbcnews.com/politics/joe...isis-rcna51146
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10-08-22 21:56 #10584
Posts: 1807Originally Posted by Paulie97 [View Original Post]
I just really don't want to engage with you on this. I'm like a snot nosed bully who only picks on kids who are smaller than he is. This works pretty well as long as I stick to taxes and energy, and maybe economics, because I know those better than most. You're however better informed and more passionate about our involvement with Ukraine than I am, and you'll kick my ass if I don't run the other way. I pretty well already expended the extent of my purported knowledge in the first post anyway.
I'll come back with a reply to your comments on the Middle East. I have to hop right now.
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10-08-22 21:03 #10583
Posts: 406The weakest link, look in the mirror.
Originally Posted by Spidy [View Original Post]
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10-08-22 19:40 #10582
Posts: 1127Ugh! ... What now?
Originally Posted by ChocoLoco [View Original Post]
Originally Posted by PVMonger [View Original Post]
Recall I said the following:
Originally Posted by Spidy [View Original Post]
So I didn't ask anything of you that I didn't provide myself. So where the hypocrisy in that?
I think you need to go re-think your use of the word, hypocrite.
PS: 1. The point of providing "a reference/link" when submitted, is so that the reader of your post may garner new insights into your POV, or your frame of reference, or perhaps read what a more accomplished writer/expert has to say on the matter, that you maybe referencing.
2. Or are you claiming to know everything on the subject matters you post about and therefore we are to simply take your word for it?
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10-08-22 18:31 #10581
Posts: 1127Oli & Gas companies lying and random stories and thoughts...sorted?
Originally Posted by Elvis 2008 [View Original Post]
Anyway, I'll try to break down each paragraph, so as to address some of things that I think you tried to answer my quoted post.
Here we go then:
You start with: Stories of living in Northern USA with 5 feet of snow, headlines of the impending ice age coming, CO2 levels rose, banning of CFCs which were destroying the ozone, then flooding the sky with CFCs, and then you use Bill Maher, the comedian, to some how bolster your argument as a credible climate scientist?
Not sure what you were trying to convey in any of this paragraph of random stories/thoughts, other than, you seem very confused about climate change and you turned to Bill Maher, the comedian for climate change advice. Is that about it? Yeah, well as good of a comedian, as Bill Maher is, he ain't no scientist.
Followed by: Confession of not being shocked oil companies lied, the world would be under water by now, arrogant phrasing such as "saving the planet", we are not stronger than mother earth, not wanting to breathe dirty air, energy production of coal being the worst, Autism rates skyrocket, coal worst then nuclear, solar/wind myth and nuclear is better.
So you're not shocked oil and gas companies lie, meaning you expected them to lie to Americans, about the harmful mining and production of their products on the environment, but you're okay with it? But you are shocked when climate scientists lie or get something incorrect? And you're NOT okay with? I see why you turn to Bill Maher advice....no not really.
One third of Pakistan, might disagree and have something to say about being under water by now. Breath clean air, no-brainer, hence cleaner energy sources.
Nuclear/Solar/Wind are good options, have their pro/cons and should be assessed for viability given application/location were being applied. All better than coal.
Followed by: Nat. gas (CNG) vehicles conversions can had for $800 vs $8000, see Brazilian CNG taxis and the women are great, West Texas and North Dakota lights and pipelines in the night sky, CNG cars here vs. gas in Europe, Warren Buffett and pipelines as toll roads, Kinder Morgan want to get richer with their pipelines but Biden won't let them.
Natural Gas Vehicles: Why Arent We Buying Them?
https://www.compare.com/ways-to-save...vehicles-guide
In the end the consumer driven car market (wrongly or rightly) will decide what survives as viable car products, going forward. Currently, the trend is, consumers are buying more and more EVs, especially in Europe and China, where ICE vehicles won't be sold as much, in the coming years.
Followed by: Nuclear cleaner than nat. gas, subsidizing EVs using coal electricity is not clean, why not build pipelines and nat. gas for CNG cars vs. burning it?, $800 vs. $8000 CNG conversion cost dilemma again, Trump lectured Europe on stupid Russian nat. gas and Biden not wanting to deal with lying US petroleum companies.
See link above "Natural Gas Vehicles: Why Aren't We Buying Them?" and my comments above on Nuclear/Solar/Wind. Subsidies for cleaner ideas/products, drinking at the gov't water trough, will promote cleaner energy tech/thinking and innovation.
What subsidies do oil companies receive?
https://www.fuelfreedom.org/oil-company-subsidies/
W/R to Trump/Europe and Ruskie nat. gas, perhaps it was the case of "the messenger rather than the message"?
And lastly: Biden energy inflation bad and inflation good, Big Short with rolling eyes and making money and cashing-in off Biden, Jim Rogers and making more money off Dems presidents like Obama in oil and then something about not Dems vs. Repubs but Obama good with Trump out and Biden bad.
Bully for you, if you're able to make money, no matter the good, the bad and the ugly presidents, that's great. I guess you just have to figure out how to make money when the scientists to lie to you.
Okay, well, I think I got it all. If I missed anything then fill me in and feel free to re-address any issue.
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10-08-22 16:02 #10580
Posts: 406The missing link
Originally Posted by Spidy [View Original Post]
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10-08-22 15:18 #10579
Posts: 1604Nope
Originally Posted by Canada [View Original Post]
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10-08-22 15:08 #10578
Posts: 657'Close to Armageddon' Warns Biden who Keeps Fighting War With Nuclear-Armed Country
Washington DC — The world has never been closer to the brink of total nuclear annihilation, according to President Joe Biden's comments at a press conference in between strategy sessions to continue waging his proxy war with nuclear-armed Russia.
This is a dangerous time, folks," Biden said to the assembled media. "No other leader has brought our nation — and the world — closer to nuclear destruction than I have in my short time as President. " Reporters were puzzled as to why Biden seemed to be lauding this as an achievement, though they all agreed these were some of the more coherent comments he's made as of late.
The statement of foreboding was odd in that the Biden administration continues to funnel billions of dollars in aid and military weaponry to arm the Ukrainians in their ongoing war with Russia. Former President Donald Trump was quick to take Biden to task in a statement released on his Truth Social account. "We experienced the biggest time of peace and economic prosperity during my wonderful presidency, the greatest presidency of all time, maybe even in all history, so much big, beautiful peace. Now Biden has completely thrown it all away and is going to get everybody nuked! Sad!
At publishing time, Biden continued to sound the alarm about escalating tensions with Russia. "Now is the time for swift, decisive leadership. Now is the time to put an end to. And end to. To.you know. Waffle maker," Biden said before being whisked away to his secure basement shelter beneath the White House. . .
Originally Posted by Paulie97 [View Original Post]