The Great Debt Ceiling Deceit
Posted By: RockyTCB, 5/15/2023 8:23:36 AM
At the heart of all fearmongering over the debt ceiling “crisis” is the claim that if the federal government can’t borrow more money it won’t be able to pay interest on its existing debt, leading to a default. But that’s poppycock. The government will collect more than a trillion dollars over the next three months. (It collected $638 billion in taxes in April alone.) That will be more than enough to pay interest on the debt. And it will be enough to pay all Social Security benefits, Medicare and Medicaid bills, welfare checks, food stamps. There will even be enough
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Former President Donald Trump has been much in the media in recent weeks, but not all or even most of the coverage has been favorable. Even so, he has stretched his lead against a field of potential Republican challengers significantly over the past month. Meanwhile, President Joe Biden’s lead against the Democratic field remains essentially the same, the latest I&I/TIPP Poll shows.
In the online poll, taken from May 3-5, we asked 703 Democrats and those leaning Democrat, and 469 Republicans and those leaning Republican who their preferred candidate would be. The margin of error for the Democratic sample was +/- 4.0
The Great Debt Ceiling Deceit
5 replies
At the heart of all fearmongering over the debt ceiling “crisis” is the claim that if the federal government can’t borrow more money it won’t be able to pay interest on its existing debt, leading to a default.
But that’s poppycock. The government will collect more than a trillion dollars over the next three months. (It collected $638 billion in taxes in April alone.) That will be more than enough to pay interest on the debt. And it will be enough to pay all Social Security benefits, Medicare and Medicaid bills, welfare checks, food stamps. There will even be enough
There’s always a lot riding on a showdown between a president and Congress over raising the federal debt ceiling to avoid a government shutdown. But this year, as the 2024 election year looms, the stakes are particularly high. That could be bad news for President Joe Biden, the latest I&I/TIPP Poll shows, since his positions on debt, taxes and spending lack majority support even from Democratic voters.
For our May online I&I/TIPP Poll, taken May 3-5 with a margin of error of +/-2.6 percentage points, we asked 1,480 adults across the country the following question:
After two years spent either ignoring the crisis at the southern border or refusing to blame President Joe Biden, the New York Times tepidly confessed this week that his border policies have, indeed, contributed to the surge in illegal immigration. Why now?
In an email to subscribers, the Times senior writer David Leonhardt writes:
When the U.S. makes it difficult for people to enter the country illegally, fewer people make the journey north to try. When the U.S. sends signals that people will be able to cross the border even without permission, and potentially remain here for years, more people attempt to do so.
(Before you know it,
Reparations Derangement Syndrome
23 replies
A panel in California, where rotten public policy ideas metastasize like a fungus growing in dark, slimy conditions, has approved paying reparations to descendants of slaves. It is impossible to overstate just how insane this is.
The reparations task force, appointed by Boy Gov. Gavin Newsom, voted Saturday to recommend the state pay out as much as $800 billion to the descendants of enslaved or free black people who were in the U.S. by the end of the 19th century. That’s 2.5 times the size of California’s annual budget. Recipients could rake in as much as $1.2 million each.
Or more. Much more. Because San Francisco’s reparations advisory committee has recommended
In the span of a few weeks, the Biden administration has proposed regulations that would effectively ban gas stoves, force a massive shift to electric cars, sharply raise the cost of dishwashers, increase loan costs for frugal borrowers, regulate puddles as “navigable waters,” and limit hunting and fishing across the country. It will soon release a proposed rule targeting power plants with hugely expensive carbon capture mandates.
This is just the tip of the spear.
As the Competitive Enterprise Institute’s Clyde Wayne Crews put it recently, “President Biden is leading an unprecedented expansion of the administrative state.
Today, you’re not allowed to say a bad word about electric cars. They’re planet savers, after all. Environmentalists tell us so. But there will come a day — in the not-too-distant future — when the climate change fanatics will decide that EVs are planet killers, too.
We’ve seen this bait-and-switch tactic before.
Back in 2007, energy producers pumped money into environmental groups to promote natural gas. The Sierra Club used the funds to mount a “Beyond Coal” campaign touting the benefits of gas. Joe Romm, a climate advocate at the Center for American Progress, declared
The Wages Of Woke Are Death
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Going woke means more than, as the saying says, going broke. It also means the ultimate loss of life. The grip of wokeness on our society will eventually kill Americans.
Let’s begin with health care. Medical school students, whose learning should be focused on the healing arts, are being taught social justice ideology. Apparently, white supremacy, oppression, and structural racism must be addressed by America’s doctors-to-be, as well as the sin of being white.
Diversity, equity, and inclusion studies are being required at some schools,
American businesses and higher-educational institutions have been swept up in the “Diversity, Equity, Inclusion” trend, which bases hiring, pay and promotion decisions on such things as political beliefs, gender, race and sexual orientation. Do most Americans support this trend? The answer is a resounding “no,” the latest I&I/TIPP Poll shows.
Looking at the recent historic shifts among American commercial and educational institutions when it comes to their employment, promotion and pay practices, the latest I&I/TIPP Poll asked Americans “which of the following factors are important
“The U.S. lost track of 1,475 immigrant children last year. Here’s why people are outraged now.”
That was a Washington Post headline from May 2018, one of many such pronouncements in nearly every mainstream news outlet – all decrying these missing children as evidence of the “cruelty” and “inhumanity” of President Donald Trump’s border security policies.
“It’s just wrong. It’s wrong,” Joe Biden said at one point. “Cruelty is the point. It’s their only point.”
But under President Biden’s allegedly more humane border security policies, the federal government has lost track of 85,000 children who crossed the border unaccompanied by their
Until recently, if you were reading this, you might assume that it was written by a human. Following the announcement that ChatGPT4 will soon be incorporated into upcoming versions of Microsoft 365, that certainty has evaporated. It’s an age of innocence that we might come to miss.
Taking artificial intelligence from a fantasy future to everyday use has the potential to benefit humanity exponentially. It could reduce costs, counter financial fraud and help businesses make better and more productive decisions. Some speculate that it could double the rate of global economic growth by 2035.
When used well, that is.
Americans expecting a better economy to emerge three years after the COVID shutdowns will no doubt be disappointed by the first quarter’s GDP gain of just 1.1% with higher inflation. And it’s even worse than it looks.
Of course, President Joe Biden denied the worsening news, saying, “Today, we learned that the American economy remains strong, as it transitions to steady and stable growth.”
“Strong”? Really? No one believes that. As recently as late March, economists were looking for a first-quarter GDP growth number exceeding 3%. Instead, they got 1.1%, down from 2.6% in the fourth quarter and 3.2% in last year’s third quarter.
See the trend?
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Sports Illustrated Puts Biological Male
Kim Petras In Two Piece On Swimsuit Edition
Magazine Cover 35 replies
Kim Petras In Two Piece On Swimsuit Edition
Magazine Cover 35 replies
Sports Illustrated Swimsuit Edition has put biological male Kim Petras in a two-piece swimsuit on its Swimsuit Edition magazine cover that was released Monday.
Petras is a singer and songwriter who identifies as transgender. The grammy award winner was among the “28 incredible women” which Sports Illustrated celebrated in its recent Swimsuit Edition of the magazine.
It’s obvious to anyone in the Democrat camp not totally delusional that Joe Biden’s declining mental faculties make him almost impossible to re-elect in 2024. Douglas Schoen and Andrew Stein are two Democrats that have a good grasp of reality, and so they are putting out a signal in the Wall Street Journal – which is read by virtually every media editor in the country – that it is time to push Michelle Obama into running. (snip) Unless Michelle claims absolute lack of interest, then she is OK with it.
Biden would withdraw before South Carolina if she challenged him, since he would be humbled there
Bill Barr Goes after Trump Again
29 replies
Bill Barr is inserting himself into politics again. And he's doing it in the best way to get fawning media coverage — sniping at his former boss, President Donald J. Trump. Barr issued a statement about Trump:
"He does not have the ability for strategic thinking and linear thinking or setting priorities or how to get things done in the system. He will deliver chaos, and if anything lead to a backlash that will set his policies much further back than they otherwise would be." (snip) In his last term in office, Trump provided
Middle East peace progress via the Abraham Accords,
energy independence,
secure borders,
economic prosperity,
Hillary Clinton lied. She knew Donald Trump was not a Russian spy. Trump knew she was lying. The FBI knew she lied but went after Trump anyway. The CIA knew she lied. President Barack Obama knew she lied. Joe Biden knew she lied. The FBI covered up for her. The CIA covered up for her. The DOJ covered up for her. Barack Obama covered for her and so did Joe Biden. “We know they are lying, they know they are lying, they know we know they are lying, we know they know we know they are lying, but they are still lying,” according to the sardonic epigram attributed
With his blessing, close friends and longtime allies of former Vice President Mike Pence are standing up a super PAC to support his expected bid for the presidency. And while he has not formally declared his candidacy, the new organization is the clearest sign yet that Pence intends to challenge his old boss, Donald Trump, for the 2024 Republican nomination.
It also reflects how they will do it. The new PAC, called “Committed to America,” has hired staff from the establishment machine that bucked Trump in Georgia, and they are preparing to put Trump on the defensive while reintroducing Pence to primary voters, “not as vice president,”
As the presidential primary season commences, many career politicians, “experts,” and news outlets have already made one thing abundantly clear. “While Donald Trump might win the nomination, he has no path to win the general election” they say, or something to that affect. Some suggest that even Trump and his supporters secretly know this. These are bold statements for anybody to make so early in a primary cycle, let alone people who have decades of political experience. The average person could easily read those quotes attached to prominent names and assume they must be true. But as we have seen time and again
Former President Barack Obama said Tuesday on “CBS Mornings” that the “divided media” was his biggest concern for the future of the United States.
Host Nate Burelson asked, “Post-presidency, what about this country keeps you up at night?”Obama said, “The thing that I’m most worried about is the degree to which we’ve now had a divided conversation, in part because we have a divided media.”
He continued, “When I was coming up, you had three TV stations. And people were getting a similar sense of what is true and what isn’t, what was real and what was not. Today, what I’m most concerned about is the fact that because of the splintering
House Minority Leader Nancy Pelosi spoke out in July 2017, saying there is now “cold hard evidence” of collusion between Russia and the Trump family.
Democrat Leader Nancy Pelosi: This week, we saw cold, hard evidence of the Trump campaign, indeed, the Trump family eagerly intending to collude, possibly with Russia, a hostile foreign power to influence American elections in the month. Again, as we celebrate the courage of our founders, republicans in Congress have become enable of the Trump Russia assault on our democracy. After these latest revelations, it’s becoming clear we have suffered a desecration of our democracy
‘We Were Blindsided’: Female Wyoming
Students Break Silence after Suing Sorority
for Admitting Male 17 replies
Students Break Silence after Suing Sorority
for Admitting Male 17 replies
Female University of Wyoming students who recently sued their sorority for inducting a male student are speaking out about the case for the first time, telling National Review that they were “blindsided” by the decision, which has stoked bitter division within the once tight-knit sisterhood.
Seven plaintiffs, all members of Wyoming’s Kappa Kappa Gamma chapter, petitioned the court in March to order KKG to nullify the transgender-identifying man’s admission and abandon its unauthorized gender-inclusion policy. Their claim alleges that KKG national headquarters breached its contract to provide a single-sex experience to its members
Disgraced FBI Agent Peter Strzok isn’t taking the latest Russian collusion update well. Maybe that’s because the report submitted by Special Counsel John Durham, which totaled over 300 pages, eviscerated the FBI and finally concluded that the whole investigation was a hoax. Not a shred of tangible evidence could suggest that Donald Trump was colluding with Moscow, and there was certainly not enough to greenlight a full-blown counterintelligence probe into the matter. The report confirmed what we already knew but took a katana to the credibility and professionalism the bureau prided itself on for decades. The FBI is the Democratic Party’s errand boy,
An informant linked to allegations that President Joe Biden was involved in a quid-pro-quo bribery scheme has gone missing, according to House Oversight and Accountability Committee Chairman James Comer (R-Ky.).
(snip) Comer said, “Unfortunately, we can’t track down the informant—we’re hopeful that the informant is still there.”
Comer made the statement while referencing an FBI informant’s report, called an FD-1023, that the FBI allegedly has in its possession, according to a whistleblower’s who shared the report’s existence with Sen. Chuck Grassley’s (R-Iowa) office.
“The whistleblower knows the informant,” Comer said. “The whistleblower is very credible, and all we’re asking the FBI with respect to the form 1023 is, ‘What did you do
67 Arkansas churches leave the UMC
15 replies
Sixty-seven congregations in Arkansas have officially disaffiliated from the United Methodist Church, being part of a wave of departures driven largely by the mainline Protestant denomination’s ongoing debate over LGBT issues. (snip) According to the UMC Book of Discipline, the Church prohibits the blessing of same-sex unions and bars the ordination of individuals who are in same-sex romantic relationships.
Nevertheless, many theologically progressive leaders within the UMC have actively refused to follow or enforce these rules, prompting many theological conservatives to seek dismissal.