...

1. “Some things are believed because they are demonstrably true. But many other things are believed simply because they have been asserted repeatedly—and repetition has been accepted as a substitute for evidence.”
   << Trump Russia collusion hoax started by Hillary Clinton
2. “I have never understood why it is ‘greed’ to want to keep the money you have earned but not greed to want to take somebody else’s money.”
3. “Back in my old neighborhood, there was a special contempt for the kind of guy who was always trying to get two other guys to fight each other. Today, it is considered a great contribution to society to incite consumers against producers, tenants against landlords, women against men, and the races against each other.”division vs unity   <<  see media and Democrats today
4. “It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.” << Congress and the President defined
5. "Give a man a fish and he will ask for tartar sauce and French fries! Moreover, some politician who wants his vote will declare all these things to be among his ‘basic rights.’”  << Bernie Sanders, Elizabeth Warren and the Squad
6. “The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.”
7. “Competition does a much more effective job than government at protecting consumers.”
8. “The big divide in this country is not between Democrats and Republicans, or women and men, but between talkers and doers.”
9. “If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten you labeled a radical 60 years ago, a liberal 30 years ago and a racist today.”  << equality vs equity
10. “The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”  << The Federal government always spends more than it can afford
11. “Capitalism knows only one color: that color is green [the color of money]; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.”  << capitalism is not racist 
12. “When people get used to preferential treatment, equal treatment seems like discrimination.” << DEI

...

more thomas-sowell-quotes

1. The problem isn't that Johnny can't read. The problem isn't even that Johnny can't think. The problem is that Johnny doesn't know what thinking is; he confuses it with feeling.
2. The word 'racism' is like ketchup. It can be put on practically anything - and demanding evidence makes you a 'racist.'
3. Liberalism is totalitarianism with a human face.
4. You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing
5. Immigration laws are the only laws that are discussed in terms of how to help people who break them.
6. Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric.

7. It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.
    see Biden's real median per capita income impact   

8.  The most fundamental fact about the ideas of the political left is that they do not work. Therefore we should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive.
9. Without a moral framework, there is nothing left but immediate self-indulgence by some and the path of least resistance by others. Neither can sustain a free society.
     << so what IS the moral framework for the US today?  
10. As for gun control advocates, I have no hope whatever that any facts whatever will make the slightest dent in their thinking - or lack of thinking.
      << gun control is the goal for those liberals, not managing and preventing those who commit violence
11. Too much of what is called 'education' is little more than an expensive isolation from reality.
12. Would you bet your paycheck on a weather forecast for tomorrow? If not, then why should this country bet billions on global warming predictions that have even less foundation?
13.  On Slavery >> The people made worse off by slavery were those who were enslaved. Their descendants would have been worse off today if born in Africa instead of America. Put differently, the terrible fate of their ancestors benefitted them.
14. If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.
      << crime prevention and prosecution make a difference
15. Why governments need to be controlled by voters >>
    Being willing to donate the taxpayers' money is not the same as being willing to put your own money where your mouth is.
    
16. The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.
      << your vote should make the government accountable to limit spending just like you have to manage yours
17. Although the big word on the left is 'compassion,' the big agenda on the left is dependency.
18. on big government >> 
    Life in general has never been even close to fair, so the pretense that the government can make it fair is a valuable and inexhaustible asset to politicians who want to expand government.
    
19. on illegal immgration >> 
    Stopping illegal immigration would mean that wages would have to rise to a level where Americans would want the jobs currently taken by illegal aliens.
     << of course illegal immigration helps keep those wages down ... 
20. is it news ?? >>
    If people in the media cannot decide whether they are in the business of reporting news or manufacturing propaganda, it is all the more important that the public understand that difference, and choose their news sources accordingly.
    
21. is diversity important ?? >>
    The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.
    
22. why children need to be raised with values and good examples for expectations, consequences >>
    Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late.
    
23. multiculturalism ( almost ) >> 
    What 'multiculturalism' boils down to is that you can praise any culture in the world except Western culture - and you cannot blame any culture in the world except Western culture.
    
24. healthcare - who pays and how much ?? >>
    It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it.
    
25. is woke the opposite of democracy ?? >>
    The most basic question is not what is best, but who shall decide what is best.
    
26. why parents need to be involved in public school curriculums >> 
    Education is not merely neglected in many of our schools today, but is replaced to a great extent by ideological indoctrination.
    
27. how we need to fight terrorists >> 
    Even the Soviet Union, with its huge nuclear arsenal, was a threat that could be deterred by the prospect of retaliation. But suicide bombers cannot be deterred. They can only be annihilated - preemptively and unilaterally, if necessary.
    
28. open minded or not ?? >>
    Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.
29. explain why the Left will never close the border to illegals needing welfare >>
    The more people who are dependent on government handouts, the more votes the left can depend on for an ever-expanding welfare state.
    
30. the curse of low expectations from liberals >> 
    The time is long overdue to stop looking for progress through racial or ethnic leaders. Such leaders have too many incentives to promote polarizing attitudes and actions that are counterproductive for minorities and disastrous for the country.
    
31. who tells stories to avoid facts ?? >> 
    Facts are not liberals' strong suit. Rhetoric is.
    
32. difference between catastrophic help and welfare >> 
    Helping those who have been struck by unforeseeable misfortunes is fundamentally different from making dependency a way of life.
    
33. do racial admission policies help or hurt ?? >>
    The Massachusetts Institute of Technology accepts blacks in the top ten percent of students, but at MIT this puts them in the bottom ten percent of the class.
    
34. when does it make sense for government to spend more money ?? >> 
    Those who cry out that the government should 'do something' never even ask for data on what has actually happened when the government did something, compared to what actually happened when the government did nothing.
    
35. does CRT make sense ?? >>
    Creating whole departments of ethnic, gender, and other 'studies' was part of the price of academic peace. All too often, these 'studies' are about propaganda rather than serious education.
    
36. how government makes life fair spending your money >> 
    n liberal logic, if life is unfair then the answer is to turn more tax money over to politicians, to spend in ways that will increase their chances of getting reelected.
    
37. what schools deliver >> 
    Our schools and colleges are turning out people who cannot feel fulfilled unless they are telling other people what to do.
    
38. who actually helps others the most?  look at expectations and consequences >> 
    One of the most pervasive political visions of our time is the vision of liberals as compassionate and conservatives as less caring.
    
39. does everyone in the world have a right to US taxpayer welfare ?? >>
    Do all children have some inherent right to live in America if they have done nothing wrong? If not, then why should the children of illegal immigrants have such a right?
    
40. what is the road to prosperity from poverty for most ?? >>
    Groups that rose from poverty to prosperity seldom did so by having their own racial or ethnic leaders to follow.
    
41. should voters be required to know statistics ?? >> 
    All too often when liberals cite statistics, they forget the statisticians' warning that correlation is not causation.
42. who does ? who should ? pay taxes >> 
    All the political angst and moral melodrama about getting 'the rich' to pay 'their fair share' is part of a big charade. This is not about economics, it is about politics.
    
43. is the welfare state the right answer ?? >>
    The welfare state is not really about the welfare of the masses. It is about the egos of the elites.
    
44. who is responsible for your situation in life ?? >>
    In various countries and times, leaders of groups that lagged behind, economically and educationally, have taught their followers to blame all their problems on other people - and to hate those other people.
    
45. those who fail to learn from history will repeat it >> 
    President Obama seems completely unaware of how many of the policies he is trying to impose have been tried before, in many times and places around the world, and have failed time and again.
    
46. more liberals focus on OPM - other peope's money >> 
    People who identify themselves as conservatives donate money to charity more often than people who identify themselves as liberals. They donate more money and a higher percentage of their incomes.
    
47. both economic tarriffs and sanctions have negative consequences as well - think carefully what you prortect >> 
    People who identify themselves as conservatives donate money to charity more often than people who identify themselves as liberals. They donate more money and a higher percentage of their incomes.
    
48. government programs help the government .. sometimes others too >> 
    Mystical references to society and its programs to help may warm the hearts of the gullible but what it really means is putting more power in the hands of bureaucrats. 
49. why liberal price control programs fail vs making markets more open >> 
    A shortage is a sign that somebody is keeping the price artificially lower than it would be if supply and demand were allowed to operate freely.
    
50. Why have Democrats been wrong about raising taxes much of the time ?? >>
    The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move in the same direction.   << Democrats would never have lowered the US corporate tax rate from 35%.  Trump did in 2017 to 15% and increased tax revenues from corporations for the US
    
51. have todays 2 national political parties managed to effectively eliminate what the majority wants ??

Management of Reserve Currencies and Economic health of working and middle class in the US

...

...

...

https://finance.yahoo.com/news/bond-traders-worry-liquidity-worsen-142924937.html

Excellent article and hits good points on debt market liquidity. We did see a lack of demand at a recent auction pushing rates higher. While that has not caused rates to explode up, I agree with the concept that failure by the Democrat administration now to manage debt growth and deficit spending creates a real risk for a "tipping point" in the market at some point in the next months where rates have to jump which would be a big problem for US consumers and businesses. What doesn't make sense is 2020 was the Covid shutdown when the economy went dark and the US paid everyone not to work. The eonomy opened up after that. Biden still managed to increase the US deficits 39% higher than Trump did. Unlike the Biden team, I don't think higher taxes again realistically can do enough to manage the deficit growth they put in place.

Can you afford to let the Federal Government go bankrupt?

...

https://finance.yahoo.com/news/xi-jinping-urges-global-tech-093000542.html

Chinese President Xi Jinping on Wednesday called for global cooperation in the tech sector at the opening of the World Internet Conference (WIC), an annual event that promotes China's model of cyberspace governance, as the country faces growing challenges from the US to limit its access to advanced technologies.

"Together, we can build a cyberspace that is more fair, open, safe and energetic," he wrote.

This year's WIC, hot on the heels of the Communist Party's twice-a-decade national congress, saw the event debut of Li Shulei, Xi's protege and the party's newly minted propaganda chief, who is now in charge of enforcing Beijing's ideology in cyberspace affairs.

...

Not the Biden team - they know better than you

Biden Tax Plan >> 

The President’s plan delivers tax cuts for families with children and working Americans, invests in America, and reduces deficits by trillions of dollars by enacting a new billionaire minimum tax and cracking down on multinational companies shifting jobs and profits overseas.

Biden Tax Policies Sound simple >> They aren't – check the details of who gets hurt

Yes tax policies and laws SHOULD be reviewed regularly to see if they can be improved to benefit the whole economy – not as a transfer payments scheme to fund more welfare programs that hurts the economy and working, middle class taxpayers.

Biden claim >> " they ( Republicans ) would rather add trillions to the national debt" << fact checked: false

Factcheck >> Including the Covid shutdown, Trump increased the deficit 5.56 Trillion. Without Covid shutdown and a "great economy" Biden managed to increase the deficit 7.85 Trillion - over 2 Trillion more ---- funny how facts don't support the Democrat claims - 100% false

Biden claim >> "no one earning less than $400,000 will pay an additional penny in federal taxes". << fact checked: unclear

Factcheck >> you can set tax laws and policies. you can't guarantee that impacts. You can define the proposed impacts. If your policies also drop real incomes by 4%, raise inflation, reduce unemployment with lower levels of labor participation and higher welfare, don't provide sustainable jobs, add millions more to the welfare rolls through open borders you aren't helping the working and middle class families

Policy - corporate minimum tax is 15% – maybe ! should it be raised? study the impacts first IF it doesn't create a flight to lower tax countries, maybe

Democrats always favor higher taxes on everyone but poor people. They never would have reduced the US corporate income tax below 35%. Trump cut that rate to 21% which INCREASED US TAX revenues as companies brought income back from overseas countries because our tax rates were lower. Biden wants that rate set to 28%.   Today the US corporate tax rate is 21% and the OECD country tax rates are over 23%.  Can you raise US corporate tax rates to 28% WITHOUT LOSING TAX REVENUE? Clearly no. Biden did not do the homework. Setting a corporate tax rate 2% higher gets US rates equal to the average in other countries which can provide some added revenue with little risk to lowering overall tax revenue unlike Biden's proposal

Policy - crackdown on multi-national tax avoidance - careful ! this has been done with more negative than positive results - not recommended

Other countries followed the same mistake creating net losses for their economies with higher tax rates but total tax revenues go down - learn from England's tax history. IF corporate rates are correctly set to match the average rates in OECD countries there will be less reason for tax avoidance. At the current low rate of 21%, the US is the best developed country for companies to invest in. Yes policing little tax havens that are setup to hide funds is not a bad idea BUT should be coordinated through the UN.

Policy - cut tax breaks for executive pay - bad idea factcheck>> use correct metrics

Factcheck >> executive compensation tax plan impacts.   stock options are NOT income. They are only a right. To create value, the options must be exercised ( the employee has to PAY to turn the option into real stock ).  salary, bonuses and stock grants ARE income correctly subject to taxation. 

limits that set executive pay to X times the "compensation of the lowest-paid employee" are nuts. Any limit should be probably tied to Y times the "median pay of all full-time employees (? ) ". 

Policy - eliminate the Trump 2017 tax cuts - careful ! those Trump tax cuts lowered income taxes for working and middle class families

Factcheck >> check impacts & revisit those tax cuts and consider reducing SOME of the tax cuts for individuals with incomes greater than $1 million per year 

Policy - quadruple stock buyback tax - careful ! cutting value to shareholders hurts investments AND stockholders both

Factcheck >> why not HELP ALL taxpayers benefit from investments and incentivize that better? Where do union benefits come from? Stock market investments. Where do IRA and 401K incomes come from? Stock market investments. Why not HELP working and middle class taxpayers benefit more from those investments – the Secure Act 2.0 ONLY helped a little. Focus on the REAL results of those bills instead of pre-determining what's fair ( The Democrat model )

Policy - cut tax preferences for private vs commercial jet travel - careful ! there is no advantage now. Just another new tax to hurt companies, jobs

Factcheck >> 

eliminate a tax break that gives preferential treatment to corporate jets, compared to commercial aircraft.  Yes costs of corporate jets are expensed like any other transportation costs INCLUDING use of commercial airlines. No special advantages here. This is just another tax increase to hurt companies ( and jobs )

Policy - make the wealthy pay their fair share of taxes - 

Factcheck >> there are MANY taxes paid by people and corporations now. Who doesn't pay tax? Governments and registered non-profits. The existing tax law allows some breaks on the progressive tax rates for investment ( generally a good thing for the economy, companies and jobs ). Higher income people pay higher taxes BUT their are tax policies that do allow some to pay lower taxes than working or middle class on earned income. As Buffett says, there should be minimum tax rates for rich people on EARNED INCOME  ( NOT assets as Elizabeth Warren which is really just wealth confiscation for redistribution - another immoral proposal ). Is.a rich person someone with EARNED INCOME in a single year greater than $X?? ( 1 million? 10 million?)   Who pays US income taxes now by income?   In 2021, the bottom half of taxpayers earned 10.4 percent of total AGI and paid 2.3 percent of all federal individual income taxes. The top 1 percent earned 26.3 percent of total AGI and paid 45.8 percent of all federal income taxes.  My thoughts? 

yes there should be a minimum income tax rate on EARNED INCOMES over $1 million

yes keep the current progressive tax system that makes higher earners pay more income tax

yes keep child care credits for the first 3 children. After that reduce, child care tax incentives for additional children progressively. No reason everyone else should pay for someone's larger family without limit.  

yes eliminate dual FICA payroll taxes on 1099 workers that exists now

yes keep FICA and medicare payroll taxes rates flat at the current 7.65% - no one can afford higher rates - that's a given

yes add a SMALL FICA tax of 2% on incomes OVER the Maxmium Taxable FICA wage limit we currently have. Medicare tax of 1.45% already has no limits. The added 2% FICA tax along with normal modifications to retirement age and careful indexing of COLA benefit increases can make the Social Security system solvent or almost solvent for ALL: young and old people

yes restrict SSI payments to US citizens and legal immigrants only. SSI payments are typically almost 95% of Social Security at the bottom levels for illegal immigrants. Combined with open borders Biden, 90% of the 8 billion people in the world would be economically better off with US taxpayer welfare – a big problem.

yes revisit legal immigration policy to see how many good, well vetted, law abiding legal immigrants can help the economy and be assimilated into the US successfully each year. We average 1 million per year now. Should that be 500K or 1500K ? It's what is right for the country, the economy and US citizens is the key - NOT how many want to come here. 

yes add a new legal work visa program that allows companies to sponsor temporary work visas up to 12 months that can be filled by registered guest workers after they met criteria showing those jobs couldn't be filled with domestic workers and electronically enforced on workers and companies. Guest workers receive pay but are not eligible for any form of welfare.

Missing Biden Policy - help ALL people participate successfully in sustainable economic work that benefits them and the economy

Factcheck >> labor participation rates would improve. real personal median incomes would improve. the economy grows WITHOUT adding millions more immigrants that need taxpayer welfare. the best social program in the world is a good job that provides meaning in people's lives and benefits others directly or indirectly. 

Candidate Solutions

Step-by-step guide for Example

...