Breaking The Laffer Curve With Biden/Harris’ Insane Tax Proposals

by confoundedinterest17 Pretty soon we will all be working for the government doing manual labor. Except for politicians and large donors, of course. On Tuesday, it was announced that Presidential candidate Kamala Harris would be supporting President Joe Biden’s tax proposals for 2025, which include a 44.6% capital gains rate and a 25% tax on unrealized gains. Having …

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This is so insane. We will end up 100x worse than Europe

INSANE: Kamala Harris reveals she will be freeing all ILLEGAL ALIENS from detention centers in the United States if she becomes President pic.twitter.com/3Gbtib2HHO — Drew Hernandez (@DrewHLive) August 12, 2024 This is so insane We will end up 100x worse than Europe — Drew Hernandez (@DrewHLive) August 12, 2024 https://twitter.com/ordinarygirl1/status/1823089885978497065

Insane Deals On Cars Happening Now! Car Market Crash!

The price of used cars are coming down so fast that it’s actually bringing down the CPI headline inflation numbers, which is actually good news until you realize that a lot of people are actually losing their cars right now and this is contributing to how much inventory is hitting the used car market. *Nissan …

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Traffic in DFW has gotten insane in the last 5 years. Too many people moving here. Road infrastructure not ready

Traffic in DFW has gotten insane in the last 5 years Too many people moving here. Road infrastructure not ready pic.twitter.com/Z8BjCXH7sb — Amy Nixon (@texasrunnerDFW) July 7, 2024 Over the past five years, DFW has faced significant traffic issues, including congestion, longer travel times, and unfortunately, a high traffic fatality rate. Let’s break it down: …

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This is absolutely insane…

THIS IS ABSOLUTELY INSANE: In the past 4 years, NVIDIA share prices have skyrocketed by 1,258%. By comparison, Cisco in 1996-2000, before the Dot-Com bubble burst has rallied by a whopping 1,249%. Current conditions are different but it is truly incredible anyway. pic.twitter.com/IOUfzPyTMG — Global Markets Investor (@GlobalMktObserv) June 28, 2024 Last trading day of …

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CRE loans need to be refinanced, but with the current insane LTV, securing funding will be nearly impossible. Banks are going to take the hit.

Let’s dive into the world of commercial real estate (CRE) loans and their current situation. CRE Loan Maturities in 2024: A Ballooning Challenge The portion of the $4.7 trillion in US commercial real estate debt that will come due this year has ballooned from $659 billion to $929 billion. These loans must be paid off through …

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Only 4 jurors required to convict. This is insane.

The pinnacle of Trump sham trial, Jury Do Not Need Unanimity to Convict, 4-4-4 will get Trump convicted This is insane. New York Judge Merchan just told jurors that they DO NOT have to unanimously agree on what crime Trump is guilty of. It could be a 4-4-4 split. pic.twitter.com/lPrWlQYHau — End Wokeness (@EndWokeness) May …

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‘Insane’ Heat Has Been Scorching Miami. It’s Not Even June… Texas to Face Extreme Temps in New Test for Power Grid…

Meteorologists in Miami, it is fair to say, are accustomed to drama: sunny-day flooding, severe rainstorms, strong hurricanes. So it is telling — and scary — that they seem at a loss for words to describe the extreme heat that the city experienced over the past few days, a full month ahead of summer. “It’s completely crazy, what …

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These 61 House Insane Democrats voted against a resolution that condemns calls to defund the police

The House passed a resolution on Friday condemning calls to defund the police. 61 House Democrats voted against it. The resolution also blamed progressive policies for an uptick in violence against cops. The House of Representatives easily passed a resolution by a 337-61 margin on Friday that condemned calls to defund the police and blamed …

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Elon Musk: ‘This sounds insane if accurate!’

Canada’s Trudeau government introduces Online Harms Bill C-63, granting police authority to retroactively scour the internet for ‘hate speech’ violations and arrest offenders, irrespective of when the offense occurred. Critics decry the Orwellian nature of the law, emphasizing its potential to weaponize past speech under today’s standards, with historians like Dr. Muriel Blaive denouncing it …

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INSANE New Tax Proposal – Stealing from Citizens Legally

By Martin Armstrong Success is a punishable offense in Biden’s America. Joe Biden and his administration would like to implement a 44.6% tax on capital gains, the highest tax on capital gains in the nation’s history. Washinton says this tax is necessary to address the looming national debt, but they are simultaneously implementing measures to ensure that …

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INSANE: Air Force Pays $90,000 For a $20 Bag of Bushings!

The Big Guy certainly must be getting his 10% INSANE: Air Force Pays $90,000 For a Basic Bag of Bushings! April 17, 2024 https://100percentfedup.com/insane-air-force-pays-90000-basic-bag-bushings/ Here’s the latest…. You’ve all heard about things like the $1,000 toilet seats or other nonsense like that that the Government pays for. This might be the worst one I have …

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Karl Denninger: “No Sir, There Are No Rate Cuts — The market’s reaction to the Fed Rate decision is utterly insane. There’s no evidence for this in the Fed Statement or data.

View post on imgur.com by Karl Denninger 2024-03-21 07:00 No Sir, There Are No Rate Cuts The market’s reaction to the Fed Rate decision is utterly insane. Obviously the market thinks rate cuts are imminent. There’s no evidence for this in the Fed Statement or data. Specifically, the Fed strengthened its language on the job …

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Elon: “Why does the radical far left Biden administration welcome violent illegals into America to prey upon your friends & family? We are even warned by other countries that it is insane to make America a haven for their convicted criminals!“

Elon Musk questions Biden administration’s approach to immigration and crime: Why does the radical far left Biden administration welcome violent illegals into America to prey upon your friends & family? We are even warned by other countries that it is insane to make America a haven for their convicted criminals! https://t.co/uAQguenaXf — Elon Musk (@elonmusk) …

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“I’m Counting on the Border Action Happening by Itself” – Biden Gives Most Insane Answer on Border Crisis Yet (VIDEO)

Biden told reporters that he is counting on the border action happening by itself. “When is a border executive action coming?” a reporter asked Biden. “I’m counting on the border action happening by itself,” Biden said. WATCH: REPORTER: "When is a border executive action coming?" BIDEN: "I'm counting on the border action happening by itself." …

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This is insane…

“Today’s line at NYC’s migrant re-intake center for housing in the Lower East Side as local activists continue to serve meals. Single adults must reapply for shelter every 30 days, 60 days for families. Some far-left city council members are trying to pass legislation to remove the cap on stays at city run shelters. From …

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Over 12 Million Encounters Expected in Biden’s First Term, Nearly Matching 3 Previous Terms Combined… Elon Musk Reacts: ‘Insane.’

Insane https://t.co/QNSDIRtcZ7 — Elon Musk (@elonmusk) January 7, 2024 Insane, but true.We have a regime hell bent on flooding our county with illegals.Funny thing…it's seems the EU has the same issue at the same time? pic.twitter.com/9jRs3xllJD — floridanow1 (@floridanow1) January 7, 2024 Biden told us this would happen in 2015. pic.twitter.com/JtZpGaIxV7 — Carry (@boatgirl3) January …

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Douglas Macgregor: This Is Insane

It seems that the undercurrent inside the beltway is to go to war with Iran to solve the problem in Gaza. China and Russia will not stand by and watch us pulverise Iran into rubble. This is insane. — Douglas Macgregor (@DougAMacgregor) December 20, 2023

This is Easily the Most Insane Chart I’ve Seen in a While

by Chris Black Hedge funds are positioning to short energy into 2024 (“reducing length”, likely in anticipation of recession), and while part of that does include selling longs, Goldman notes that the recent 10% plunge (marked with a red circle) in net trading flow into energy is driven by aggressive shorting: “Energy long/short ratio fell …

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WHAT COULD GO WRONG? California’s latest insane gender policy takes effect next month.

Wouldn’t first the state have to prove that gender exists, and then define it? via washingtonexaminer: Parts of California are so downtrodden that people need to consult “ poop maps ” to avoid human feces while walking outside, homelessness is rampant in major cities, and the cost of living is out of control. But California’s state government thinks now …

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Insane bus/car crash of the day.

Life is imitating art in increasingly nutty ways. If, in a movie, we’d seen this same crash between a car and a bus that happened in Long Beach, California, we’d have thought, “No way. What are the chances?” A Dodge Charger driver showed us the chances are never zero. The driver, speeding south on South Street toward California Avenue …

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China’s insane property bubble is bursting, and will take down the economy with it.

In August, China experienced its largest monthly capital outflow in nearly eight years. China had a capital outflow of $49 billion in August, the largest monthly outflow in almost 8 years 🚨 pic.twitter.com/h9dXDHxC8s — Barchart (@Barchart) October 22, 2023 https://twitter.com/NorthmanTrader/status/1716166335049114018 China’s Country Garden risks default after ‘missing bond payment’ The crisis in China’s property sector …

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The World Has Gotten Too Insane

by Chris Black Compare 2023 with 4 years ago. Imagine somebody telling you in 2019, what would happen within the next 4 years. The scamdemic, BLM, Ukraine, Israel… Things of that magnitude used to happen maybe every 10 to 15 years, now they happen every 2 years. The people in the streets look absolutely defeated …

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