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	Comments on: Open thread 8/2/22	</title>
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	<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/</link>
	<description>A blog about political change, among other things</description>
	<lastBuildDate>Wed, 03 Aug 2022 07:18:04 +0000</lastBuildDate>
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		<title>
		By: Barry Meislin		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635651</link>

		<dc:creator><![CDATA[Barry Meislin]]></dc:creator>
		<pubDate>Wed, 03 Aug 2022 07:18:04 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635651</guid>

					<description><![CDATA[The Epoch Times is a counter-Narrative(TM) news organization.
On EVERY level.

Truths instead of lies.
Real journalism.
Unafraid.
Undaunted.
Refuses to be intimidated.
Christian.
NB: It IS a Falun Gong media organ, which should be taken into account...

Should be absolutely clear why Twitter is censoring them.]]></description>
			<content:encoded><![CDATA[<p>The Epoch Times is a counter-Narrative(TM) news organization.<br />
On EVERY level.</p>
<p>Truths instead of lies.<br />
Real journalism.<br />
Unafraid.<br />
Undaunted.<br />
Refuses to be intimidated.<br />
Christian.<br />
NB: It IS a Falun Gong media organ, which should be taken into account&#8230;</p>
<p>Should be absolutely clear why Twitter is censoring them.</p>
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		<title>
		By: AesopFan		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635649</link>

		<dc:creator><![CDATA[AesopFan]]></dc:creator>
		<pubDate>Wed, 03 Aug 2022 06:17:30 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635649</guid>

					<description><![CDATA[@ Miguel  - the situation in Argentina is where the Democrats are leading the US by creating a large dependent class who refuse to work because they can make as much or more on welfare, aka bribery for votes.

It&#039;s a dangerous sword to wield, though, because once you hand out a subsidy, you can never take it back without consequences.

&lt;blockquote&gt; Cries for more state money, freedom from the International Monetary Fund (IMF), and for President Alberto Fernandez to step down echoed within the angry crowds gathered near the president’s office—Casa Rosada —during the nation’s independence day celebration on July 9.

Since then, scheduled demonstrations have continued, led by professional protest organizers or “piqueteros” demanding the abolition of the proposed subsidy cuts and a wage increase.

“This is madness. What the piqueteros are asking for is madness,” Alvaro Gomez told The Epoch Times.

Gomez has lived and worked in Buenos Aires for more than 15 years and currently is a taxi driver. As the years have passed, he’s watched his country dive deeper into economic chaos.

“I’ve seen five presidents come and go in that time; nothing has improved. Half of our country doesn’t want a job, and the ones that do, don’t want to pay the taxes for the others,” he said. &lt;/blockquote&gt;

NOTE: ZH is quoting an article from Epoch Times, which is being harassed by Twitter - is Elon ever going to take over that cesspool?

https://notthebee.com/article/twitter-is-censoring-every-article-from-the-epoch-times-and-is-refusing-to-tell-the-news-organization-why]]></description>
			<content:encoded><![CDATA[<p>@ Miguel  &#8211; the situation in Argentina is where the Democrats are leading the US by creating a large dependent class who refuse to work because they can make as much or more on welfare, aka bribery for votes.</p>
<p>It&#8217;s a dangerous sword to wield, though, because once you hand out a subsidy, you can never take it back without consequences.</p>
<blockquote><p> Cries for more state money, freedom from the International Monetary Fund (IMF), and for President Alberto Fernandez to step down echoed within the angry crowds gathered near the president’s office—Casa Rosada —during the nation’s independence day celebration on July 9.</p>
<p>Since then, scheduled demonstrations have continued, led by professional protest organizers or “piqueteros” demanding the abolition of the proposed subsidy cuts and a wage increase.</p>
<p>“This is madness. What the piqueteros are asking for is madness,” Alvaro Gomez told The Epoch Times.</p>
<p>Gomez has lived and worked in Buenos Aires for more than 15 years and currently is a taxi driver. As the years have passed, he’s watched his country dive deeper into economic chaos.</p>
<p>“I’ve seen five presidents come and go in that time; nothing has improved. Half of our country doesn’t want a job, and the ones that do, don’t want to pay the taxes for the others,” he said. </p></blockquote>
<p>NOTE: ZH is quoting an article from Epoch Times, which is being harassed by Twitter &#8211; is Elon ever going to take over that cesspool?</p>
<p><a href="https://notthebee.com/article/twitter-is-censoring-every-article-from-the-epoch-times-and-is-refusing-to-tell-the-news-organization-why" rel="nofollow ugc">https://notthebee.com/article/twitter-is-censoring-every-article-from-the-epoch-times-and-is-refusing-to-tell-the-news-organization-why</a></p>
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		<title>
		By: TommyJay		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635617</link>

		<dc:creator><![CDATA[TommyJay]]></dc:creator>
		<pubDate>Wed, 03 Aug 2022 01:15:05 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635617</guid>

					<description><![CDATA[A couple interesting items today.

&lt;a href=&quot;https://www.breitbart.com/economy/2022/08/02/breitbart-business-digest-manchins-tax-hike-does-not-touch-amazons-biggest-tax-break/&quot; rel=&quot;nofollow ugc&quot;&gt;Manchin’s Tax Hike Does Not Touch Amazon’s Biggest Tax Break&lt;/a&gt;

According to this, the proposed new corp. minimum tax excludes a number of tax deductions in the tax code, but does not exclude any tax credits.  Surprise, surprise; Amazon, the supposed whipping boy of tax dodgers, utilizes mostly tax credits and not the deductions.  I am sure Bezos never lost a minute&#039;s sleep over this.
______

I saw an NYC restauranteur on business news today who talked about the tremendous difficulties he is having hiring new employees.
The two major problems he is experiencing are:

1) the most capable employees, the ones he wants, are moving to south Florida because they can make more money (it may be more than just salary pay, but I might have missed the detail) and

2) the prospective employees are refusing to let go of their unemployment benefits and will work only if their new employer will pay them (illegally) under the table.  This employer won&#039;t do this, although he suspects some other restaurants will do this.]]></description>
			<content:encoded><![CDATA[<p>A couple interesting items today.</p>
<p><a href="https://www.breitbart.com/economy/2022/08/02/breitbart-business-digest-manchins-tax-hike-does-not-touch-amazons-biggest-tax-break/" rel="nofollow ugc">Manchin’s Tax Hike Does Not Touch Amazon’s Biggest Tax Break</a></p>
<p>According to this, the proposed new corp. minimum tax excludes a number of tax deductions in the tax code, but does not exclude any tax credits.  Surprise, surprise; Amazon, the supposed whipping boy of tax dodgers, utilizes mostly tax credits and not the deductions.  I am sure Bezos never lost a minute&#8217;s sleep over this.<br />
______</p>
<p>I saw an NYC restauranteur on business news today who talked about the tremendous difficulties he is having hiring new employees.<br />
The two major problems he is experiencing are:</p>
<p>1) the most capable employees, the ones he wants, are moving to south Florida because they can make more money (it may be more than just salary pay, but I might have missed the detail) and</p>
<p>2) the prospective employees are refusing to let go of their unemployment benefits and will work only if their new employer will pay them (illegally) under the table.  This employer won&#8217;t do this, although he suspects some other restaurants will do this.</p>
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		<title>
		By: Miguel cervantes		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635610</link>

		<dc:creator><![CDATA[Miguel cervantes]]></dc:creator>
		<pubDate>Wed, 03 Aug 2022 00:42:03 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635610</guid>

					<description><![CDATA[Ok then

https://www.zerohedge.com/geopolitical/argentinas-government-collapsing-people-refuse-work-amid-major-subsidy-cuts]]></description>
			<content:encoded><![CDATA[<p>Ok then</p>
<p><a href="https://www.zerohedge.com/geopolitical/argentinas-government-collapsing-people-refuse-work-amid-major-subsidy-cuts" rel="nofollow ugc">https://www.zerohedge.com/geopolitical/argentinas-government-collapsing-people-refuse-work-amid-major-subsidy-cuts</a></p>
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		<title>
		By: Art Deco		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635608</link>

		<dc:creator><![CDATA[Art Deco]]></dc:creator>
		<pubDate>Wed, 03 Aug 2022 00:33:03 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635608</guid>

					<description><![CDATA[Meanwhile back at the ranch, John Danforth in Missouri is working to hand the U.S. Senate seat to the Democrats by bankrolling one of the staff counsel on the J6 committee as a nonpartisan candidate claiming he will caucus with Republicans.  Danforth&#039;s a gassy poseur as usual.]]></description>
			<content:encoded><![CDATA[<p>Meanwhile back at the ranch, John Danforth in Missouri is working to hand the U.S. Senate seat to the Democrats by bankrolling one of the staff counsel on the J6 committee as a nonpartisan candidate claiming he will caucus with Republicans.  Danforth&#8217;s a gassy poseur as usual.</p>
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		<title>
		By: Art Deco		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635607</link>

		<dc:creator><![CDATA[Art Deco]]></dc:creator>
		<pubDate>Wed, 03 Aug 2022 00:31:04 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635607</guid>

					<description><![CDATA[https://www.tudordixon.com/about-tudor

This is the favorite to be the Republican candidate for Governor of Michigan this year.  I find her appealing. I&#039;m wagering that &#039;Republican&#039; lawyer from Michigan that Althouse finally banned despises this woman.]]></description>
			<content:encoded><![CDATA[<p><a href="https://www.tudordixon.com/about-tudor" rel="nofollow ugc">https://www.tudordixon.com/about-tudor</a></p>
<p>This is the favorite to be the Republican candidate for Governor of Michigan this year.  I find her appealing. I&#8217;m wagering that &#8216;Republican&#8217; lawyer from Michigan that Althouse finally banned despises this woman.</p>
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		<title>
		By: Brian E		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635571</link>

		<dc:creator><![CDATA[Brian E]]></dc:creator>
		<pubDate>Tue, 02 Aug 2022 20:32:56 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635571</guid>

					<description><![CDATA[National Debt to GDP level is over 130%. There was a time when ratios above 100% put the country in questionable territory.

National debt reached $30 trillion this year. It was $8 trillion in 2005 and $16 trillion in 2012.

Interest on the national debt is about $400 billion in 2022. Interest payments will double to $600 billion in a few years and will reach $1 trillion by 2032 (or higher), according to the CBO. Social Security trust fund will be out of money by 2034 (Officially).

Right now tax receipts pay for mandatory programs. Every other program funded by the government is &quot;paid&quot; for with borrowed dollars. The new default for deficit spending is now $1.5 trillion/ year.

The Federal Reserve balance sheet is $9 trillion. The Fed is the largest &quot;purchaser&quot; of treasury products. Is there a limit to the Fed&#039;s purchase of bonds?
 
The federal budget is in the best of hands?

Is it time to panic?]]></description>
			<content:encoded><![CDATA[<p>National Debt to GDP level is over 130%. There was a time when ratios above 100% put the country in questionable territory.</p>
<p>National debt reached $30 trillion this year. It was $8 trillion in 2005 and $16 trillion in 2012.</p>
<p>Interest on the national debt is about $400 billion in 2022. Interest payments will double to $600 billion in a few years and will reach $1 trillion by 2032 (or higher), according to the CBO. Social Security trust fund will be out of money by 2034 (Officially).</p>
<p>Right now tax receipts pay for mandatory programs. Every other program funded by the government is &#8220;paid&#8221; for with borrowed dollars. The new default for deficit spending is now $1.5 trillion/ year.</p>
<p>The Federal Reserve balance sheet is $9 trillion. The Fed is the largest &#8220;purchaser&#8221; of treasury products. Is there a limit to the Fed&#8217;s purchase of bonds?</p>
<p>The federal budget is in the best of hands?</p>
<p>Is it time to panic?</p>
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		<title>
		By: Kate		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635564</link>

		<dc:creator><![CDATA[Kate]]></dc:creator>
		<pubDate>Tue, 02 Aug 2022 19:57:29 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635564</guid>

					<description><![CDATA[Apparently visits to Taiwan by American politicians are commonplace. Gingrich said he went when he was Speaker. If Pelosi&#039;s Asian trip was long-planned, then this current uproar looks like a Communist Chinese effort at intimidation, so it&#039;s good she didn&#039;t fold.

On the other hand, why American legislators need to fly all over the world has never been clear to me.]]></description>
			<content:encoded><![CDATA[<p>Apparently visits to Taiwan by American politicians are commonplace. Gingrich said he went when he was Speaker. If Pelosi&#8217;s Asian trip was long-planned, then this current uproar looks like a Communist Chinese effort at intimidation, so it&#8217;s good she didn&#8217;t fold.</p>
<p>On the other hand, why American legislators need to fly all over the world has never been clear to me.</p>
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		<title>
		By: John Guilfoyle		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635556</link>

		<dc:creator><![CDATA[John Guilfoyle]]></dc:creator>
		<pubDate>Tue, 02 Aug 2022 19:30:32 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635556</guid>

					<description><![CDATA[That crow&#039;s kinda cute...but that nice young lady needs to get out more.
Oh...shoot...I&#039;m going to say it. Needs a fella. Not right to be that attached to an animal. &quot;Tuck&#039;s best buddy&quot; is not the epitaph any of us are looking for.]]></description>
			<content:encoded><![CDATA[<p>That crow&#8217;s kinda cute&#8230;but that nice young lady needs to get out more.<br />
Oh&#8230;shoot&#8230;I&#8217;m going to say it. Needs a fella. Not right to be that attached to an animal. &#8220;Tuck&#8217;s best buddy&#8221; is not the epitaph any of us are looking for.</p>
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		<title>
		By: physicsguy		</title>
		<link>https://thenewneo.com/2022/08/02/open-thread-8-2-22/#comment-2635541</link>

		<dc:creator><![CDATA[physicsguy]]></dc:creator>
		<pubDate>Tue, 02 Aug 2022 18:16:00 +0000</pubDate>
		<guid isPermaLink="false">https://www.thenewneo.com/?p=116959#comment-2635541</guid>

					<description><![CDATA[I keep coming back to the Pelosi-Taiwan visit.  Cui bono?  I can&#039;t find a rational reason how this is of benefit to anyone.  Is there some kickback for Pelosi and Biden? Do the Ds think it will help them to look tough with China vis-a-vis the midterms?  To me, it&#039;s some of the most bizarre behavior from Pelosi and the administration.]]></description>
			<content:encoded><![CDATA[<p>I keep coming back to the Pelosi-Taiwan visit.  Cui bono?  I can&#8217;t find a rational reason how this is of benefit to anyone.  Is there some kickback for Pelosi and Biden? Do the Ds think it will help them to look tough with China vis-a-vis the midterms?  To me, it&#8217;s some of the most bizarre behavior from Pelosi and the administration.</p>
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