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Category Archives: Finance and economics

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The left now loves the IRS…

The New Neo Posted on August 8, 2022 by neoAugust 8, 2022

…and says you have nothing to fear from the agency going on steroids, if you haven’t cheated on your taxes. Perhaps they know they won’t be the ones targeted. "Can you understand how 87,000 new IRS agents would scare the … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right, Liberty | Tagged IRS | 19 Replies

It’s a little like selling the rope, but it’s selling the land instead

The New Neo Posted on August 6, 2022 by neoAugust 6, 2022

It was Lenin (or Stalin, or Marx) who supposedly said: “The Capitalists will sell us the rope with which we will hang them.” Whoever really said it, it’s one of those pithy witticisms that encapsulate some sort of truth, in … Continue reading →

Posted in Finance and economics, Poetry | Tagged China, Communism, Robert Frost | 22 Replies

And then there’s the increased funding for the IRS

The New Neo Posted on August 5, 2022 by neoAugust 5, 2022

One less-discussed part of the new spending bill about to be passed is the money being appropriated for the IRS to go after taxpayers with greater vigor. The following is from a WSJ editorial: The $80 billion [proposed funding for … Continue reading →

Posted in Finance and economics, Politics | Tagged IRS | 28 Replies

Sinema joins Manchin in fighting inflation with inflation

The New Neo Posted on August 5, 2022 by neoAugust 5, 2022

Or something like that. Sinema has agreed to this bill, and as far as I know that means the Democrats have the 50 Senate votes – plus the tie-breaker vote of Harris – to pass this by reconciliation. The only … Continue reading →

Posted in Finance and economics, Politics | 24 Replies

Jobs, jobs, jobs

The New Neo Posted on August 5, 2022 by neoAugust 5, 2022

There was a good jobs report for July, much better than expected. What does it mean? Your guess is as good as – probably even better than – mine. But don’t jobs often go up in the summer because of … Continue reading →

Posted in Finance and economics | 26 Replies

Krugman doubles down on his “O’Brien-crossed-with-Humpty-Dumpty” persona

The New Neo Posted on August 1, 2022 by neoAugust 1, 2022

Paul Krugman is a case of someone who has no problem contradicting himself, saying inane things that defy common sense, and doing it all with no sense of shame or apology but on the contrary with a sense of proud … Continue reading →

Posted in Finance and economics, Language and grammar, Literature and writing | 47 Replies

Sometimes a conspiracy is really a conspiracy and not just a theory

The New Neo Posted on August 1, 2022 by neoAugust 1, 2022

Saturday I wrote: [quoting from this article in Time]”…[F]ar-right figures and conspiracy theorists have also gotten involved. Twitter is filled with posts linking the Netherlands’ nitrogen policy to the Great Reset—a theory that claims international elites are trying to use … Continue reading →

Posted in Finance and economics, Liberty, Politics | 28 Replies

Sinema, the supposed mystery vote

The New Neo Posted on July 30, 2022 by neoJuly 30, 2022

There was a lot of excitement and publicity about getting Manchin onboard with the Democrats’ new tax and energy bill. But if you do the voting math, unless at least one Republican signs on, too (which certainly could happen, knowing … Continue reading →

Posted in Election 2024, Finance and economics, Politics | 8 Replies

The Biden corruption investigation in Delaware

The New Neo Posted on July 30, 2022 by neoJuly 30, 2022

It’s overwhelming: The Delaware U.S. Attorney’s Office investigating Hunter Biden lacks the wherewithal and resources to adequately probe the dubious financial dealings of the Biden family and their business partners, according to three current or former Department of Justice officials. … Continue reading →

Posted in Biden, Finance and economics, Law | 14 Replies

The Dutch kulaks farmers continue to protest

The New Neo Posted on July 30, 2022 by neoJuly 30, 2022

Once again, the Dutch farmer situation reminds me of the Soviets, who didn’t hesitate to sacrifice the kulaks for the cause. In fact, to them it was a feature, not a bug. There is something very independence-minded, as well as … Continue reading →

Posted in Finance and economics, Politics, Science | 24 Replies

The Wiki Minitrue

The New Neo Posted on July 29, 2022 by neoJuly 29, 2022

Well, language changes and evolves, doesn’t it? Sometimes overnight, depending on political exigencies: Wikipedia has suspended the edit feature on its ‘Recession’ page after users flocked to amend it to concur with President Biden’s claim that the US isn’t suffering … Continue reading →

Posted in Finance and economics, Language and grammar, Literature and writing | 32 Replies

Manchin and Schumer, together at last

The New Neo Posted on July 27, 2022 by neoJuly 27, 2022

A compromise has been reached – surprise, surprise (not) – but the details aren’t quite ironed out yet: Sen. Joe Manchin announced Wednesday that he came to an agreement with Senate Majority Leader Chuck Schumer on a reconciliation bill, after … Continue reading →

Posted in Finance and economics, Politics | 23 Replies

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