Saturday, August 17, 2024

Another salvo at Kamala Harris: WaPo editorial board calls her anti-big business proposals populist gimmicks, says her first-time home buyer $25,000 down-payment plan will increase housing prices

 


 The whole thing makes sense, which is surprising coming as it does from The Washington Post, which ends this way:

 [Even] her [good] ideas would cost money, yet she insisted in her speech that she would hold to President Joe Biden’s pledge not to raise taxes on any household earning $400,000 or less annually. That excludes 80 percent of taxable income, and does not take into account the recent surge in families earning over $400,000. The Harris campaign says it plans to raise revenue to cover these costs but did not provide specific offsets in its economic plan rollout. Without them, Ms. Harris’s full plan would add $1.7 trillion to federal deficits over a decade, according to the Committee for a Responsible Federal Budget, a nonpartisan budget watchdog.

To be sure, every campaign makes expensive promises that will never come to pass, especially with a divided Congress. Remember Mr. Biden’s pledge to make community college free? Even adjusted for the pandering standards of campaign economics, however, Ms. Harris’s speech Friday ranks as a disappointment.

Wow.

What's that old saying, When you're a liberal and you've lost The Washington Post, you've already lost?

Well ......................................................................................... is the Democrat Party still liberal though?

Friday, August 16, 2024

This is the energy today on the site formerly known as Twitter

 


Catherine Rampell at WaPo, who is no friend of the right: It’s hard to exaggerate how bad Kamala Harris’s price-gouging proposal is, a bunch of communist, economic gibberish


  

 It’s hard to exaggerate how bad this policy is.

It is, in all but name, a sweeping set of government-enforced price controls across every industry, not only food.

Supply and demand would no longer determine prices or profit levels.

Far-off Washington bureaucrats would.

The FTC would be able to tell, say, a Kroger in Ohio the acceptable price it can charge for milk.

At best, this would lead to shortages, black markets and hoarding, among other distortions seen previous times countries tried to limit price growth by fiat. (There’s a reason narrower “price gouging” laws that exist in some U.S. states are rarely invoked.)

At worst, it might accidentally raise prices. ...

If your opponent claims you’re a “communist,” maybe don’t start with an economic agenda that can (accurately) be labeled as federal price controls. We already have plenty of economic gibberish . . ..     

-- WaPo 

https://www.washingtonpost.com/opinions/2024/08/15/kamala-harris-price-gouging-groceries/     

 

Harris is 0-2. 

She picked a terrible VP who is as far to the left as she is.

Now her first policy announcement is a throwback to the 5-year plans of the USSR.

Extremely inauspicious.


Thursday, August 15, 2024

This is perfect

 

https://obeygiant.com/kamala-harris-forward/










Kamala Harris wants you to know she's worried about price gouging at the grocery store and that she's just the person to do something about it

 



Paragraph 12

 


 The number of protesters chanting and bearing banners and signs drawing attention to Israel’s military offensive on Gaza outnumbered the party loyalists at the Harris-Walz rally.

-- Politico.

Vote for Trump

 

CNN says Tim Walz lied about his DUI arrest during his 2006 campaign for a US House seat

First ABC News about his military service, now CNN about this.

 https://www.cnn.com/2024/08/15/politics/tim-walz-2006-campaign-falsely-described-dwi-kfile/index.html


ABC News says Tim Walz didn't deny he served in Afghanistan, appears to have known his unit would be deployed, and repeatedly referred to himself for years with a rank he didn't have

https://abcnews.go.com/US/walz-previously-faced-criticism-characterized-military-service-records/story?id=112833386
 

In early 2016, Tim Walz sat down with CSPAN for a bipartisan discussion about his opposition to President Barack Obama's push to reduce troop levels overseas. To begin the panel, the host introduced Walz -- at the time in his fifth term as a U.S. representative -- in part by incorrectly outlining his military service.

"Enlisted in the Army National Guard at 17 and retired 24 years later as Command Sergeant Major," she said of Walz, "and served with his battalion in Operation Enduring Freedom in Afghanistan."

Walz nodded in agreement at that statement -- despite the fact that, according to military records and his own admission, he had never served in Afghanistan. ...

 

These inaccuracies, which at times went uncorrected, include Walz not denying the statement that he served in Afghanistan, and Walz repeatedly saying that he retired with a rank he achieved but did not retire with, as well as an instance in 2018 of Walz claiming that he carried weapons of war "in war," about which the Harris-Walz campaign said that he misspoke. ...


Walz appears to have been aware prior to his retirement that his unit was under consideration for deployment. ...

 

In the National Guard, Walz began serving as command sergeant major, a leadership position, in 2004, and was officially appointed to the role in April 2005, shortly before he retired from service, according to a statement from Army Col. Ruan Cochran. However Walz did not remain in the role long enough to keep the title in retirement.

Still, Walz repeatedly referred to himself as a "retired command sergeant major" for years.

-- ABC News

Kamala Harris is nothing but an authoritarian, a cop, whose first instinct is to use federal power to ban things she doesn't like, such as grocery prices, guns, and hate speech





David French knew she was an authoritarian already in 2019, but he's voting for her in 2024.

Wednesday, August 14, 2024

LOL they have fewer than 12 weeks to turn it around

The last word in this story is "groceries".

 

 

 

Beans and rice are supposed to be the cheapest things you can eat: They'll cost you more than ever

 



Eggs are up again to $3.08 from $1.24 five years ago: 148%

 



Core CPI inflation is 3.2% year over year in July 2024

Core inflation has been below 4 and above 3 for eight months now.

 


C'mon man, we haven't made any progress on inflation in over a year now

 Overall CPI inflation was 2.96% year over year in . . . June 2023.

In July 2024 it's 2.89%.

What a joke.

GIVE ME A BREAK.



The price of real money

 Gold prices hovered near record highs on Wednesday, steered by hopes of U.S. interest rate reduction and persistent Middle East tensions, while the spotlight shifted to U.S. inflation data. Spot gold was up 0.2% to $2,469.35 per ounce, shy of the record high of $2,483.60 scaled last month. U.S. gold futures steadied at $2,508.40.

More

The gold price averaged $612.56 in 1980 according to Kitco. Adjusted for CPI inflation that would be about $2,327.10 in June 2024. So . . . gold is holding its value . . . relative to the high prices of 1980.

But there were more opportune times to buy gold than now.

See an inflation-adjusted price chart here.

Core producer prices, aka wholesale prices, were up 2.4% year over year in July 2024, overall prices up 2.2%

The little guy at the end of the chain is still getting screwed, just less hard than before.

Reported yesterday:




Tuesday, August 13, 2024

Kamala Harris denied Time Magazine's request for an interview, but they put her on the cover anyway lol

 Craven bastards.




It's odd how Minnesota Public Radio News to this day says Tim Walz is a Command Sergeant Major and served in Afghanistan when neither is true


 https://www.mprnews.org/story/2006/11/08/1dist

Tim Walz is a conventional California lefty on immigration who rammed through his radical policies in Minnesota once Democrats got control of its legislature

Kamala Harris picked him because she went with her gut.

As the Democratic governor of Minnesota, Tim Walz signed into law initiatives allowing immigrants in the country illegally to apply for driver’s licenses, qualify for free tuition at state universities and enroll in the state’s free healthcare program for low-income residents. Walz’s actions on immigration—nearly all taken in the last two years, when Democrats had control of the state Legislature—put him squarely in the mainstream of his party. ...

Allowing those without a legal immigration status to drive legally, go to college at in-state rates and enroll in health insurance are pieces of a two-decade project by Democrats ...

“He’s more in line with what we’re seeing in states across the country led by a Democrat,” said Victoria Francis, deputy director of state and local initiatives at the American Immigration Council, a liberal-leaning national advocacy organization.

More.