#46 President Joe Biden
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Lerxst1992 said:tbergs said:mrussel1 said:Lerxst1992 said:how thoroughly was your “checking”
I have huge issues with teh Iraq war, but no issues with a successful drone strike to take out someone involved in 9/11. I don't care that it's extra judicial. It would be different if this guy was in our control or in control of an ally, but he wasn't and he sure wasn't going to be extradited.Not looking to cheer. If I had a choice, I’d rather we don’t do killings like this, but in this unique case, it appears the US was very careful to have no civilian loss. And this terrorist was directly responsible for 9/11. And yes, it will suck when the bad guys get this tech, but they will use it no matter how we do. If I had a different choice, I’d hope the Arab community would be slightly tolerant of the right for a teeny tiny country to exist in peace, but since they don’t, we don’t.We’ve come a long way since the days of John Adams.
he defended the Boston massacre soldiers because giving them the best defense possible was important. Even though the British wouldn’t have offered the same if the situation was reversed probably.
he would be called woke today0 -
"It's a sad and beautiful world"-Roberto Benigni0
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Cropduster-80 said:Lerxst1992 said:tbergs said:mrussel1 said:Lerxst1992 said:how thoroughly was your “checking”
I have huge issues with teh Iraq war, but no issues with a successful drone strike to take out someone involved in 9/11. I don't care that it's extra judicial. It would be different if this guy was in our control or in control of an ally, but he wasn't and he sure wasn't going to be extradited.Not looking to cheer. If I had a choice, I’d rather we don’t do killings like this, but in this unique case, it appears the US was very careful to have no civilian loss. And this terrorist was directly responsible for 9/11. And yes, it will suck when the bad guys get this tech, but they will use it no matter how we do. If I had a different choice, I’d hope the Arab community would be slightly tolerant of the right for a teeny tiny country to exist in peace, but since they don’t, we don’t.We’ve come a long way since the days of John Adams.
he defended the Boston massacre soldiers because giving them the best defense possible was important. Even though the British wouldn’t have offered the same if the situation was reversed probably.
he would be called woke todaySure but Adams was from an era that gave us the three fifths compromise which led to civil war and the electoral college which led to many deaths 234 years later on Jan6, so let’s not applaud too loudly.0 -
Lerxst1992 said:Cropduster-80 said:Lerxst1992 said:tbergs said:mrussel1 said:Lerxst1992 said:how thoroughly was your “checking”
I have huge issues with teh Iraq war, but no issues with a successful drone strike to take out someone involved in 9/11. I don't care that it's extra judicial. It would be different if this guy was in our control or in control of an ally, but he wasn't and he sure wasn't going to be extradited.Not looking to cheer. If I had a choice, I’d rather we don’t do killings like this, but in this unique case, it appears the US was very careful to have no civilian loss. And this terrorist was directly responsible for 9/11. And yes, it will suck when the bad guys get this tech, but they will use it no matter how we do. If I had a different choice, I’d hope the Arab community would be slightly tolerant of the right for a teeny tiny country to exist in peace, but since they don’t, we don’t.We’ve come a long way since the days of John Adams.
he defended the Boston massacre soldiers because giving them the best defense possible was important. Even though the British wouldn’t have offered the same if the situation was reversed probably.
he would be called woke todaySure but Adams was from an era that gave us the three fifths compromise which led to civil war and the electoral college which led to many deaths 234 years later on Jan6, so let’s not applaud too loudly.
we are probably still in a similar place on that.
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https://apnews.com/article/senate-climate-tax-deal-vote-dbdb3107c4c5e3e0e5af8a58d56c7bc1
By ALAN FRAM and LISA MASCAROSenate Democrats approve big Biden deal; House to vote next
WASHINGTON (AP) — Democrats pushed their election-year economic package to Senate passage Sunday, a hard-fought compromise less ambitious than President Joe Biden’s original domestic vision but one that still meets deep-rooted party goals of slowing global warming, moderating pharmaceutical costs and taxing immense corporations.
The estimated $740 billion package heads next to the House, where lawmakers are poised to deliver on Biden’s priorities, a stunning turnaround of what had seemed a lost and doomed effort that suddenly roared back to political life. Cheers broke out as Senate Democrats held united, 51-50, with Vice President Kamala Harris casting the tie-breaking vote after an all-night session.
“Today, Senate Democrats sided with American families over special interests,” President Joe Biden said in a statement from Rehoboth Beach, Delaware. “I ran for President promising to make government work for working families again, and that is what this bill does — period.”
Biden, who had his share of long nights during his three decades as a senator, called into the Senate cloakroom during the vote on speakerphone to personally thank the staff for their hard work.
The president urged the House to pass the bill as soon as possible. The House seemed likely to provide final congressional approval when it returns briefly from summer recess on Friday.
Continues....
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The cap on insulin at $35 failed in the required 60 vote threshold; however, Sen. Warnock's amendment to create the cap for Medicare patients was included in teh bill and not subject to the 60 vote threshold. It was deemed as reconciliation. While it's not all Americans, obviously this is really good for medicare patients like my mother who are diabetic.
It's been a good month for Team D so far.
https://thehill.com/homenews/senate/3591586-democrats-fail-to-overrule-parliamentarian-on-insulin-price-cap-as-gop-votes-no/
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Damn you Brandon! From A Letter From An American:
The introduction of the Inflation Reduction Act caps what has turned out to be a spectacular week for the Biden administration. Jobs numbers out today showed not the downturn that many expected, but instead the addition of 528,000 new jobs, restoring the U.S. job numbers to where they were before the pandemic and putting unemployment at 3.5%, the lowest rate in 50 years. The United States Chips and Science Act (CHIPS) and the Promise to Address Comprehensive Toxics Act (PACT) have both passed Congress. The president authorized and troops achieved the killing of al-Qaeda leader Ayman al-Zawahiri. And gas prices have hit a 50-day low.
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The inflation reduction act is going to add to inflation unfortunately as it’s a lot of spending. Job creation is bad news too.
biden is in a no win as the economy needs to shrink to get inflation down. The good news is bad news as a soft landing is seemingly increasingly unlikely0 -
Cropduster-80 said:The inflation reduction act is going to add to inflation unfortunately as it’s a lot of spending. Job creation is bad news too.
biden is in a no win as the economy needs to shrink to get inflation down. The good news is bad news as a soft landing is seemingly increasingly unlikely
So a recession was going to be the immediate 'shot' to reduce inflation, maybe the combination of OPEC increases, strategic reserve release, supply chain improvements and the interest rate increases is already enough. I don't know why you think a safe landing is increasingly unlikely. You don't have recessions when you add 500k jobs.0 -
To me interest rake hikes aren’t having the effect they should be having. Any big hike runs the risk of going too far. It’s going to require several more probably.To me it’s just a numbers game. 4 hikes is less risky than 8 for example especially at .750
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Dark Brandon means business...
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Cropduster-80 said:To me interest rake hikes aren’t having the effect they should be having. Any big hike runs the risk of going too far. It’s going to require several more probably.To me it’s just a numbers game. 4 hikes is less risky than 8 for example especially at .750
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I'm seeing a lot of local chatter about rents increasing. People in subsidized housing saying their monthly rent is going up $280/month now.
I know the freeze was lifted but around here there are a lot of new apartment complexes being built so I would have expected rates to level.Remember the Thomas Nine !! (10/02/2018)
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Gern Blansten said:I'm seeing a lot of local chatter about rents increasing. People in subsidized housing saying their monthly rent is going up $280/month now.
I know the freeze was lifted but around here there are a lot of new apartment complexes being built so I would have expected rates to level.If less people are buying due to interest rates, more are renting. Then you’ve got landlords who are more able to increase rents to cover both inflation and the increased demandPost edited by Cropduster-80 on0 -
The Juggler said:Dark Brandon means business...Scio me nihil scire
There are no kings inside the gates of eden0 -
Gern Blansten said:I'm seeing a lot of local chatter about rents increasing. People in subsidized housing saying their monthly rent is going up $280/month now.
I know the freeze was lifted but around here there are a lot of new apartment complexes being built so I would have expected rates to level.
As long as corporations continue to buy up housing and rent them through rental agencies, rents will continue to go up. Will we see a return to affordable rents? Hard to say.
"It's a sad and beautiful world"-Roberto Benigni0 -
brianlux said:Gern Blansten said:I'm seeing a lot of local chatter about rents increasing. People in subsidized housing saying their monthly rent is going up $280/month now.
I know the freeze was lifted but around here there are a lot of new apartment complexes being built so I would have expected rates to level.
As long as corporations continue to buy up housing and rent them through rental agencies, rents will continue to go up. Will we see a return to affordable rents? Hard to say.Scio me nihil scire
There are no kings inside the gates of eden0 -
Cropduster-80 said:The inflation reduction act is going to add to inflation unfortunately as it’s a lot of spending. Job creation is bad news too.
biden is in a no win as the economy needs to shrink to get inflation down. The good news is bad news as a soft landing is seemingly increasingly unlikelyThis is a GOP talking point, in my opinion it is false.This bill is not similar to all of the recent Covid stimulus, that funneled money immediately into the hands of people adversely affected by Covid, and to employers in general. This spending portion is much lower, only $360m and it is for long term spending, such as new solar and wind generation. These investments take years to implement and build, they are not immediate like all of the stimulus both parties have passed in recent years.
The reason many consider this climate provision as anti inflation even though it calls for new spending is because it prepares us to rely on oil less, protecting us from the energy price volatility we have seen over the last year. But again, this is an investment, so this benefit takes a lot of time. Congratulations to the democrats willing to invest in something where the benefits could be 5-10 years away.
The other two main provisions are anti inflationary, the cap on drug prices, and the minimum corporate profits tax.
The nonpartisan Congressional Budget Office says the bill has a "negligible" effect on inflation in 2022 and into 2023. I agree, as there is no easy way to measure a bill designed to benefit over the long term.0 -
The jury is out on inflation. Really a tax hike would be a good thing, definitely not a gop talking point.At this point removing money from circulation is a good thing. Though, I’m more worried about the long term effects of inflation, not necessarily the fact stuff costs more today
oil prices are really clouding the picture though, coming off the covid supply chain issues. I don’t envy the fed right now
i like the bill overall though. It’s not going to reduce inflation in any case no matter what it’s named at least not anytime soonPost edited by Cropduster-80 on0 -
They’re estimating a 40% emissions reduction off of the bloated 2005 benchmark, which seems like a big deal. We do one of these bills every six years and maybe by 2034 we are close to solving the CO2 problem. $360m per bill seems like a bargain if this works. Paid a ton more for Covid.0
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