08-02 Politically Incorrect Daily

Political Memes and Funny Pictures

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Social Media Posts of the Day

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Quote of the Day

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Message of the Day

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Sorry, It Won’t End Anytime Soon

The Dems’ New Proposal Does Nothing To Lower Inflation – David Harsanyi

Continuing with the Dems’ calling bills the exact opposite of what they do (think “Affordable Care Act”, “Voting Rights Act”, “Employee Free Choice Act”), the new spending binge is hilariously called the “Inflation Reduction Act.” Let me break down why inflation won’t end as long as Biden is in office. The current inflation has 4 primary causes that have nothing to do with Russia-Ukraine:

  1. The Labor Shortage. When you have a shortage of workers, wages go up, which sounds great, but unfortunately that adds to the input cost of every good & service we buy. A while back I wrote of the labor shortage causes and steps to fix it, none of which have been adopted by Biden.
  2. Energy Costs. Biden’s war on fossil fuels filters into everything: transportation of goods, factory power costs, retail store air conditioning, and so on. Until the Dems unshackle the American energy industry, nothing will change.
  3. Covid Restrictions & Requirements. China is the worst violator, but unfortunately, they and other countries have cut off or delayed crucial inputs. Western countries are slightly better for now, but every restriction, such as vaccine border checks, just slows down productivity and adds overhead costs.
  4. Government Spending & Central Bank Money Printing. This is perhaps the biggest reason inflation is prevalent around the world. While getting my Finance degree in college and observing decades of financial history, I can’t think of a more insanely stupid economic policy than the now world dominant Modern Monetary Theory, which essentially says it doesn’t matter how much governments spend since they can just inflate their currencies indefinitely to cover it. An Economics 101 student should be able to diagram their first week why this is destined to fail. But the Democrats show no sign of slowing down, and the RINOs currently in control of the Republican Party aren’t much better. Central banks can help in the short-term by contracting the money supply, which they’re doing now by raising interest rates, but that mainly works because it trashes economies to the point that people don’t have money to spend, and it’s only a short-term fix. This inflationary cause can only be solved long-term by balancing budgets, paying down debt, and stabilizing currencies. Few politicians have the political courage to make the spending cuts. I’m optimistic this could be solved by a leader who can educate the public about why cuts are needed. People are now far more open-minded after seeing the results of the brutal Leftist policies.

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By the way, watch closely as the Dems & media manipulate how results are presented. Specifically, they will use percentages of larger base numbers. For example, say the price of an item is $100 and increases $15 to $115 in year 2. This is a 15% inflation rate. Now say the cost increases $16 in year 3 to $131. This is a bigger price increase, but because you’re starting at $115, the inflation rate is only 13.9% [i.e. (131-115)/115]. Yippee!!!!!! Inflation is DROPPING!!!! Biden is AWESOME AWESOME AWESOME!!!!!

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Other Links That May Interest You

The New Age of Orwellianism – Josh Hammer
Cross-Examining the Climate Change Cultists – Kurt Schlichter
Political & Non-Political Meme Gallery Collection

07-14 Politically Incorrect Daily

Political Memes and Funny Pictures

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Social Media Posts of the Day

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Random Thoughts of the Day

As it becomes increasingly clear the Dems will face a shellacking in November, expect them to shift strategies to making Biden the fall guy. Rather than focus on his disastrous policies, they will look to make it a personal failure of Biden. As 2024 approaches, the media will run more and more stories of his deteriorating mental capacity. He’ll be given the hook for a new Democrat 2024 candidate who will advocate the EXACT same policies Biden has implemented. Sadly, at least 40 percent of the country will undoubtedly fall for it. Thankfully, the remaining 60 percent will be looking for freedom-oriented candidates who will do a 180-degree turn from everything in the Biden Titanic presidency.

There is absolutely no self-awareness or sense of irony in the fact the Fed wants cryptocurrency markets regulated to “stabilize their value.” 🙄

Speaking of irony and lack of self-awareness, Democrats who scream “tyranny” about the Supreme Court’s overturn of Roe v. Wade see absolutely nothing wrong with Biden signing illegal “executive orders” on abortion, Covid, and pretty much every other of his policies that have nowhere near majority support.

I love Trump’s political incorrectness and fighting spirit, but he too often makes unnecessarily divisive & attacking statements that alienate large blocks of voters. A recent example is attacking Elon Musk as a “bullshit artist.” True or not, what does this accomplish?! Musk has over 100 million Twitter followers and fans across the political spectrum. He’s one of the few public figures who’s had the courage to stand up for libertarian ideals recently, likely costing himself a ton of money (e.g. all the liberals who now refuse to buy Tesla’s). Republicans should cruise to an easy win in 2024, but if they nominate Trump, it will be another nail biter. Do you want to trust the Dems’ electoral machinery in another close election?

Every wonder why there’s such a massive pilot shortage in America that is causing cancellations & other problems? Part of it is of course the insanely stupid vax mandates & other Covid policies that drove away many pilots, but it’s also other government rules such as the mandatory retirement age of 65. Republicans have proposed increasing it, but of course, Biden Transportation Secretary, Pete Buttigieg, insists that he won’t allow it. This is such a monumentally stupid rule. It’s not like these pilots are flying military dogfights. They mainly have to monitor a lot of sophisticated technology that does most of the work for them. Plus, it’s not that difficult to implement some cognitive & reflex tests to make sure an older pilot is still capable. Why are the Dems so insistent on keeping this pilot shortage in place? You guessed it — climate change! They want as few flights in the air as possible (unless of course you’re talking about one of their private jets). The pilot shortage is intentional just like higher fuel prices are intentional.

Donald Trump’s biggest mistake in office was letting government spending & money printing continue unabated, but a close second was the disastrous staff he relied on at almost every level. His admin was dominated by back-stabbing Deep Staters pursuing a host of alternate agendas including America’s Dr. Mengele, Tony Fauci. To Trump’s credit though, he usually fired the incompetent and treasonous ones once he found out what they were like (e.g. Bolton, Comey, Sessions, Scaramucci, Tillerson, etc.). I’m sure Fauci would have been canned immediately after the 2020 election had Trump won another term. Biden has supercharged Trump’s spending/printing policies and somehow appointed an admin far more treasonous and incompetent. But unlike Trump, have you heard of one single Biden firing, despite the disastrous results? Janet Yellen, Pete Buttigieg, Merrick Garland, Mark Milley, Rochelle Walensky, Tony Fauci, and so on–could their performances be any worse?! Yet, all of them still have their jobs, and very few in the media question it in the least.

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Republicans Need a Message Beyond Biden to Win in November – Derek Hunter

Quote of the Day

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Message of the Day

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Other Links That May Interest You

Inflation Rose 9.1% in June, Even More Than Expected
Ari Fleischer Exposes ‘Suppression, Deception, Snobbery, and Bias’
Centers for Disease Control (CDC) Meme Gallery
Deep State Meme Gallery
Dr. Anthony Fauci Meme Gallery

06-20 Politically Incorrect Daily

Political Memes and Funny Pictures

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biden waiting election time dangle student loan forgiveness again
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Social Media Posts of the Day

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Don’t Give an Inch On This

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No White Flag on Red Flag Laws – Kurt Schlichter

Quote of the Day

quote clint eastwood change take matters own hands

Random Thoughts of the Day

Let’s examine how to create a textbook bubble in the real estate market that benefits the super-rich. First, the Federal Reserve massively increases the money supply while charging ultra-low interest rates. The government uses all the new money for unsustainable spending campaigns. Result: people feel richer. Their 401k balances are bursting, saving is increasing, they’re receiving free government “stimulus” money, etc. Naturally, people want to take advantage of the good times by spending money on such things as a new home. Since all but the super-rich need a mortgage, the purchase price isn’t as relevant as the monthly payment. At 3.25%, 20% down payment, a 30-year mortgage payment on a $400,000 hourse is $1393. For a young, two-income couple, that might be totally doable, so they can bid $400K on whatever house they like.

Of course, the insane money printing & spending always leads to inflation at some point, forcing the Fed to reduce the money supply and raise interest rates. We’re obviously seeing that scenario play out. Consider the same situation with the house, only now the rate is 6.5%. The same mortgage on the $400,000 house would be $2023 per month! Now a couple that can only afford $1393 is completely priced out of the market for a $400K house. In fact, if you want a $1393 payment at 6.5% interest, the most you can spend on a house is now $275,000. This scenario gets even worse if you can’t afford a 20% down payment and must resort to mortgage insurance.

So how does this benefit the super-rich? It’s simple–they can buy the real estate outright without a mortgage. The same house which sold for $400k can now be purchased in cash at $275K. The Bill Gates’s of the world can now swoop in and buy a ton of bargain-basement real estate. Then, they can just rent out the property until governments & central banks create the next bubble for which they sell into, and the process starts again. Get the picture? Admittedly, the massive housing shortage in this country makes this an oversimplified example, but the point is the entire real estate value formula is flipped by the huge increase in interest rates.

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Message of the Day

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Other Links That May Interest You

USA Today Removes 23 Articles, Says Reporter Fabricated Sources
Rebranded: Kamala Harris’ New Project Sounds Suspiciously Similar to Another Disinformation Board
Joe Biden Meme Gallery 4
Justin Trudeau Meme Gallery