12-15 Politically Incorrect Daily




Political Memes and Funny Pictures

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smudge going to be nicer next year false information fact checkers
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babylon bee courageous dissident reads banned books section barnes noble

Bidenomics Aftershocks Continue

average mortgage payments bidens america

Yet another cost to Americans that isn’t factored into CPI inflation measures is interest. Monthly mortgages, which are usually the largest expense for citizens, have gone up 90+ percent, almost all of which is consumed by interest! So, instead of building up equity in a real estate asset, the vast majority of monthly cash you spend on your mortgage is essentially being tossed in the fireplace. The same goes for loans on cars, computers, furniture, and other big-ticket items. Also, if you lease something or purchase on “0 percent financing,” the interest cost is simply added by the seller to the principle. In fact, Generally Accepted Accounting Principles demand accountants record part of each payment as interest in their bookkeeping. It’s not just consumers that feel the pain. Businesses feel the effects also in their purchases, which is yet another reason they must jack up prices.

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Social Media Posts of the Day

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x unbelievable home alone youngest child middle yes forget

Quote of the Day

quote sun tzu can prevent oppenent through defense cannot defeat without offensive

Message of the Day

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11-16 Politically Incorrect Daily




Political Memes and Funny Pictures

thanksgiving outfit drunk ready to talk politics
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geico saved taxpayer money not funding foreign wars dont affect usa
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americans right to privacy nikki haley taking
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babylon bee communist dictator welcomes president xi china gavin newsom

Social Media Posts of the Day

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x understand teachers unions oppose school choice business owner compete

Quote of the Day

quote aristotle matters of conscience law majority moral duty what is right

It’s Fine. Everything Is Fine. 👍

x cost of national debt refinanced trillions

I know, as the mainstream media tell us, it’s a “far right” position to want a balanced budget, but the federal deficit & accumulated debt should be the #1 national issue we are fighting. Here are four reasons why:

  1. Increased Taxes. As the debt continues to explode out of control, you can bet there will be more calls for tax increases, and not just on “the rich.” Watch for proposals such as a national sales tax and a value-added tax, plus additional fees on guns, gas, junk food, alcohol, marijuana, tobacco, and virtually anything else they can con voters into supporting.
  2. Inflation. New taxes won’t nearly be enough though, which means the only choice will be to print money and further devalue the dollar, meaning even more inflation.
  3. Increased Government Size = Less Freedom. Whenever government spends more, it grows in size. In other words, more bureaucrats, more agencies, more regulations, etc.–all leading to less freedom.
  4. More Interest = Less Money for Everything Else. As the above tweet illustrates, interest will increasingly consume available funds. Pick any area where you think money should be spent–defense, education, health care, roads, etc.–all will have less money available.

Maybe we should pay a little more attention to those crazy, “far right” politicians who mention it as an issue.

Message of the Day

message lisa simpson all scary things because of state

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10-26 Politically Incorrect Daily




Political Memes and Funny Pictures

michael myers watching people work terrorize memes all day
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dogs two words learn to spell treat walk
when people buy plastic skeletons instead of locally sourced ones
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karl marx npc liberal we have right to free sht
blackrock outbidding single mother housing market
babylon bee man receives gold medal first stand up plane lands
ukraine another 100 billion biden anytime americans stop taxing inflation not a chance
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joe biden us aid shooting cash straight to hamas
empty speaker most popular ever poll congresional approval rating

Social Media Posts of the Day

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Random Thoughts of the Day

I’ve blogged about how high labor and energy costs are prolonging inflation, but there’s another business expense which hasn’t been discussed enough — interest. Almost all corporations rely on some kind of debt financing, usually in a combination of short & long-term bonds. In the past, this has been a cheap form of financing, and since businesses plan to go on indefinitely, they generally keep the debt on their balance sheets forever through refinancing. It’s sort of like taking out interest-only mortgages that you never pay off. This is especially true of the blue chip & staple companies. Think Wal-Mart, Cambell’s Soup, General Mills, Proctor & Gamble, Hormel, etc. The cash flow of these companies is virtually guaranteed, so why not take advantage of cheap financing to use for dividends, buy-backs, and new investment opportunities? However, these companies usually have debt originally financed at 2-4% interest. Eventually all this debt will come due, but when they refiance this time, rates are 5-10%. All that additional cost is passed on to consumers as higher prices. If interest rates keep going higher, this will be like yet another time bomb to hit the economy.

California recently passed a new minimum wage for fast food workers of $20/hour. The business-illiterate dipshits in charge obviously can’t make the connection with higher prices. In addition to wage laws, many liberal areas of the country, as “champions of labor,” do their best to keep out low-price companies like Wal-Mart and Dollar Tree since they don’t pay their workers enough. This constant business interference sounds good for political campaigns, but what good does it do when you make more money if it doesn’t buy squat? A dozen eggs may cost a few bucks at Wal-Mart, but if you must rely on a small mom & pop grocery store, the cost might be 2-3 times that. All goods & services operate similarly — the more government does to price them higher, the less wages will buy. BTW, higher wages push people into brackets where tax rules “on the rich” suddenly hit more and more people. I’m sure that’s by accident. 👌

Energy development is not something that can be done in days. It takes months and years of development — exploration, extraction, refining, and transportation. And it’s expensive! So, when Democrats do everything in their power to punish & constrain energy companies, what do you think potential future investor/developers are thinking? No one can predict future elections and regulations. Why would they bother with the time & expense if at the end they get zero return on their investment? This is why the Biden Administration is not only killing current energy development but also long-term energy independence.

I’m often accused of reflexively opposing the American government. That’s not exactly true. I’m reflexively distrustful of ALL governments, both at home and abroad. I’m naturally suspicous of people who are motivated by power, who have decided they shall make a full-time job of controlling other people. I begin with the assumption their actions are to preserve & enhance their own power. I’m sure that’s not true of all politicians, but how many have you seen that actually try to reduce the size of government and its intrusion into our lives? However, I’m more likely to trust governments if there is some kind of check on their power, mostly notably by a free & honest media. So, I trust and believe virtually nothing in China, Russia, and especially terrorist-sponsoring countries like Iran and Saudi Arabia. There was a time in the U.S. and other Western nations decades ago when the press at least tried to be a check on government power. They were liberally-slanted to be sure, but they still had some semblance of ethics and professionalism. Nowadays, that has almost completely disappeared. Mainstream media has become nothing but a bullhorn for the Ruling Class. There isn’t just bias–it’s full advocacy, and they can’t even do that without constant lies and distortion. It’s made so much worse, of course, by the mass censorship from Big Tech companies. Academia, Hollywood, Big Tech, MSM, woke corporations — virtually all the influencers are pushing for the suppression of free speech, and therefore, a suppression of checks on government power. So yes, I am, and will definitely stay, reflexively distrustful and non-believing of EVERYTHING in government.

x 1970s work more hours buy house 2020s jobs afford rent
msm media 6 oclock news heres what to think
bernie sanders 15 minimum wage burger fries coke
google why censorship is important george washington

Message of the Day

message be wary man encourages actions incurs no rsk

Quote of the Day

quote bastiat live at expense of state expense of everyone

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