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This Can't Be True
American Thinker ^ | 1 Nov, 2021 | Steve Feinstein

Posted on 11/01/2021 4:31:22 AM PDT by MtnClimber

So far, in only nine months, the Biden war machine has inflicted almost incomprehensible damage on the American people.

Unbelievable. That's really the only way to describe the never-ending onslaught of bad news and incredible occurrences that are exploding in our daily lives. Just when you think it couldn't get any worse, that they can't be serious, that it seems as if the "Biden" administration's sole goal is to make each person's life as wretchedly painful as possible, BAM! — another incredible misery warhead detonates on our reality.

So far, in only nine months, the Biden war machine has inflicted almost incomprehensible damage on the American people:

Rising Inflation

With their excessive government spending and totally-over-the-top COVID unemployment assistance (to the point that far too many people are completely disincentivized from going back to work), inflation has roared back with a vengeance not seen in decades. The economy is reeling, household budgets are upside-down, and everyone's purchasing power is melting away before our eyes. The government stutters and yammers about it being "transitory," but everyone can see that's simply not true.

High Energy Prices

After pipeline cancelations and the widespread rescinding of oil exploration leases, the administration has accomplished its mission: it's sent the world's oil market the unmistakable, intentional message that America is no longer interested in being a top-tier oil-producer.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Education; Health/Medicine
KEYWORDS: communism; economy; energy; inflation; tyranny

1 posted on 11/01/2021 4:31:22 AM PDT by MtnClimber
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To: MtnClimber

Communism destroys economies and civilizations. It is intentional.


2 posted on 11/01/2021 4:31:33 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber
The word to describe the ChiComjoe kakistocracy is traitors.
3 posted on 11/01/2021 4:55:35 AM PDT by Carl Vehse (A proud member of the LGBFJB community)
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To: MtnClimber

But on the bright side we have the most diverse cabinet in history. Full of Transvestites, homosexuals and other mental cases and mental midgets. Not to mention an Attorney General somewhere between Lenin and Stalin.


4 posted on 11/01/2021 5:08:02 AM PDT by Paperpusher
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To: MtnClimber

We are in a Cold Civil War. No doubt about it.


5 posted on 11/01/2021 5:11:24 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Paperpusher
Not to mention an Attorney General somewhere between Lenin and Stalin.

At least we got that going for us.

6 posted on 11/01/2021 5:12:21 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Paperpusher

China got a useful idiot


7 posted on 11/01/2021 5:27:58 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

The. The communists say the only cure for the ills of socialism must be to become more socialist.

Then when they totally destroy a country and murder millions of people they say, “That wasn’t true socialism. True socialism has never been tried.”

When you realize to leftists politics = religion you understand no actual experience or reason will convince them of the errors of their belief system. They’re stuck on stupid. That’s why they’re so intent on controlling education and media. They must indoctrinate the young and clueless.


8 posted on 11/01/2021 6:04:56 AM PDT by TigerClaws
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To: TigerClaws

They are going to tax Roth IRA’s???????


9 posted on 11/01/2021 6:18:33 AM PDT by SteelPSUGOP
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To: MtnClimber

“Unrealized gains” = On paper gains only

You never cashed it out. What about losses?

Moreover, the only way to pay for it is to sell your assets. So overtime you will have no assets.

All part of the “Global Reset”, and Klaus Schwabb, “you will own nothing, and be happy”.

Someone will own it and that will be Klaus Schwab, and his globalists buddies.


10 posted on 11/01/2021 6:25:48 AM PDT by Enlightened1
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To: Enlightened1

Bingo!!! For losses it will be the same as it is now. Capital gains losses can only be written off by $3k per year with the rest carried forward.


11 posted on 11/01/2021 6:42:24 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

Indeed it NEVER sleeps


12 posted on 11/01/2021 9:51:14 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: MtnClimber

Yeah—this is funny if you have a dark sense of humor.

I “inherited” twenty years of capital losses at 3K per year because the estate of the deceased was managed by brain dead monkeys—and I was not told about it until the paperwork finally showed up...

At my 20% or so marginal tax bracket that was an inheritance of $600 a year.

It reminds me of the old Woody Allen movie “Love and War” where the farmer holds up a tuft of grass and yells “my land, my land”.

;-)


13 posted on 11/01/2021 9:57:34 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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