Anyone more unfit than her would be hard to find.
Fox News Shocks Viewers with Mass GOP Endorsement for Kamala Harris, Declaring Donald Trump ‘Unfit’

GreyRanga
August 24, 2024 8:49 pm

My surgery has been put back to Thursday. Why do they always get the ugly nurses to do the icky tests. This place is full of hot young ladies but I get the 4’9” in every direction to stick the swab up my cute bottom. Same thing the other day getting my groin shaved. Life can be so cruel. In my case I suppose the crackers had first choice, so passed.

All the best, bloke.

American Peronism: Kamala’s Plan to Ruin America’s Economy

Daniel Lacalle, Mises Institute, 24 August 2024

Price controls, higher taxes, government intervention, and subsidies paid for by printing a constantly devalued currency.

These are the essential pillars of “21st century socialism” and the radical left Peronism that obliterated Argentina. These are also the main elements of the economic plan presented by Kamala Harris and the Democratic Party. Undoubtedly, this is the most radical socialist economic plan ever announced by the Democrats.

According to the Committee for a Responsible Federal Budget (CRFB), Harris’s proposals will cost $1.95 trillion over 10 years. However, it emphasizes that if certain measures become permanent, this figure could increase to $2.25 trillion.

The Harris campaign has stated that these costs will be offset by a classic excuse of socialism in any election: “higher taxes on corporations and high earners.” This is, obviously, ludicrous, because there is no revenue measure that will cover the already bloated $2 trillion annual deficit and an added $2 trillion. The mantra of “higher taxes for the rich” always means higher taxes and more inflation, a hidden tax, for you.

The Congressional Budget Office (CBO) has already warned of the fiscal disaster of the United States, with an annual deficit of 6% of GDP. Despite not accounting for a recession and projecting record tax revenues from 2024 to 2034, the CBO predicts an explosion in the budget deficit from $1.9 trillion to $2.8 trillion by 2034, even before factoring in Harris’s new spending plan. This means that the adjusted deficit will rise above 6.9 percent of GDP by 2034, almost twice the average of 3.7 percent over the previous 50 years.

 

Following the Harris plan, the United States public debt will likely increase by $24 trillion in a decade. As I have explained, there is no set of revenue measures that can bring $2 trillion per year in additional tax receipts, and tax hikes will harm both investment and growth.

An economy that generates an annual deficit of 6 percent of GDP to achieve a mere 2 percent annual growth is already on a dangerous path, and Harris’ plan would make it even worse.

Kamala Harris promises to cut inflation by spending and printing more money, reducing competition, and attacking businesses. It has never worked and never will because it is upside-down economics. Welcome to the U.S. “Peronism.”.

Imagine all those United States citizens who have escaped Latin American or European economies impoverished by interventionism to find a better opportunity in the United States only to find that the same policies will be implemented by Harris.

The narrative of price gouging and greedflation is simply false. In 2023, profit margins in the grocery industry hit the lowest level since 2019, at 1.6%, according to the IMF. Corporations, even if they were stupid and reckless, cannot make all prices rise constantly. Competition would eat away at their market share; newcomers would eliminate them, and aggregate prices would fall. Furthermore, stores and businesses cannot make aggregate prices soar, maintain the increase, and consolidate it, which is the measure of inflation (CPI) we read every month. The only thing that can make all prices rise and continue increasing at a slower pace is printing money and eroding the purchasing power of the currency.

The only thing that can make aggregate prices rise constantly is the destruction of the purchasing power of the currency, which comes from massive government spending and printing currency to disguise fiscal imbalances.

Kamala Harris and her team know that their spending plan will make the national debt soar and that price controls do not reduce prices. In fact, these should not be called “price controls” but “limits to competition.” If corporations were the cause of inflation and price controls were the solution, Peronist Argentina would have enjoyed the lowest inflation in the world in the past decades.

Harris’ proposals to forgive debt are profoundly anti-social. They do not forgive any debt; they just add it to the national debt and make you pay for it. This enormous increase in public debt will be a burden for every American, particularly the poorest, with persistent inflation and lower real wages. US citizens have already endured negative real wage growth since January 2021, when Biden took office, according to the Federal reserve of St Louis. Expect worse.

Why does Harris promote the same policies that have failed everywhere? Promising free stuff and blaming others for the negative consequences is the defining strategy of socialist politicians.

Are you surprised to see how Germany, France, and other historically rich nations slump into stagnation, high debt, persistent inflation, enormous taxes, and the destruction of the middle class? Those policies are what Harris is promising. Who benefits? The vast government and its surrounding corporations reap the benefits.

Many people hold the belief that a nation cannot be considered socialist if it contains private companies. It makes no sense. State control does not limit itself to capital ownership but also to the imposition of increasingly restrictive laws, regulations, and confiscatory taxes. In fact, the government likes to absorb most of the wealth created by the private sector without the inconvenience of managing the businesses. Huerta de Soto defines socialism as “any system of institutional, methodical aggression against the free exercise of entrepreneurship” and that is precisely what Harris promises.

Higher taxes and more debt.

The government will print money to provide subsidies in a currency that is constantly losing value. It will blame stores and businesses for inflation. Interventionist policies will continue to erode the private sector. And they will repeat.

The makers of these policies are aware that they will negatively impact the economy, yet they will also engender a substantial number of enslaved citizens who rely on the government and must abide by its decisions. Voters see an alleged tsunami of free money but ignore the fact that they will pay for it through higher inflation, lower real wages, and diminishing opportunities for small businesses and families.

The Harris team believes deficits do not matter and that the Federal Reserve can always disguise any budget imbalance. However, cracks have already appeared. Persistent inflation is the consequence of years of excessive spending and monetization. The next step is the risk of losing the U.S. dollar as the world reserve currency when the world stops accepting the ever-increasing debt.

Secret Service Never Picked Up Assigned Radios in Butler

German police made the arrest at a hotel for asylum seekers not far from the scene of the attack, which was claimed by Islamic State as ‘revenge for Muslims in Palestine’.

It started with rhetoric.

Famous influencers are dropping like flies: Why?

One of the comments –

I lost my business, lost my house, lost my friends, lost my wife… but I didn’t get jabbed. I am not here for forgiveness.

Greens on track to nab seat in NT election
Liam Mendes
The Greens are leading the primary vote for the seat of Fannie Bay, setting them on course to nab a seat in the Territory election in what was previously a very safe Territory Labor seat.

It would make Suki Dorras-Walker the first-ever Greens MLA elected in the Territory, and the first time Labor has lost the seat in almost 30 years.

Police Minister Brent Potter had won the seat in the 2022 by-election following then-chief minister Michael Gunner‘s resignation.

Speaking to The Australian on Saturday afternoon in the hour prior to polls closing, Ms Dorras-Walker said she would be introducing “smart and different solutions” to crime.

“What we’re hearing from people is they want to see smart solutions to crime, they know that they have seen over time that prisons are ineffective, they’ve seen our prison population grow by 30 per cent over the last decade, and people are feeling more unsafe than ever,” Ms Dorras-Walker said.

“What they want to see is the core reasons as to why crime is happening in the first place addressed and so if we look at the fact that we have the highest rates of domestic violence in the country, we have the highest rates of homelessness in the country, if we are not addressing those two facts, then we are tinkering at the edges.

The primary school teacher, mother and law student said there weren’t enough youth services on the street, that she wants to build public housing, as well as “fully fund” the domestic violence sector.

“I’m just so incredibly proud that we’ve been able to provide an alternative to the two major parties this election that’s actually with some vision for community safety, some vision for our community in the future,” she said.

“It’ll come down to a few hundred votes in Fanny Bay, because the Greens are very close to getting our first seat in parliament, and we’re really excited that we have proposed yet another alternative for the community this election.”

Fox has not dis-endorsed Trump; they merely published a list of RINOs including kinzinger and other shitheads who have. In other news RFK jr’s daffy family including his sister Kerry have dis-endorsed him and stated cackles and tampon tim offer the best hope for the US. I left a message on the shit brain’s X account asking if she felt that way about cackles 2 months ago when she was the most unpopular VP ever.

In other news a really great Week in Culture, focusing on the DNC shit show; lots of clips guaranteed to make you wake up in a cold sweat at 2 am:

THIS WEEK IN CULTURE #200 (rumble.com)

I must say the new Chief Minister up norf is rather attractive.

Don Harwin miltonf

Bullseye.

Bill Ackman reposted

JUST IN According to a Western intelligence official, Israel’s preemptive strike targeted missile launchers in Lebanon that were set to fire towards Tel Aviv at 5 a.m. The official confirmed that all targeted launchers were successfully destroyed, and Israel is now bracing for a strong retaliation from Hezbollah, reports the New York Times.

One thing I miss in Queensland and my children had little exposure to was the country football/netball clubs.

Then you mustn’t really be in country QLD, RD.

😀