Debt Rattle February 2 2025
- This topic has 78 replies, 18 voices, and was last updated 6 days, 16 hours ago by
.
-
Posts
-
Pablo Picasso Les Demoiselles d’Avignon 1907 • Musk Reveals Treasury Has Been Auto-Paying Everyone, ‘Even Known Terrorists’ (ZH) • USAID Websit
[See the full post at: Debt Rattle February 2 2025]“They literally never denied a payment in their entire career.”
Hey, would that be a scandal? Not even the illegal ones? Other levels: so…you came into work and did what exactly? I want all those years back pay returned. Never occurred to you to tell anybody? CNN…Congress…
And see how we can never replace good human workers with AI? A job like this is much too subtle and complicated.
Last: Yeah, they walked right in and knew exactly what they were looking for. Good, and as per my theory.
Still more: then when we say we can balance the budget and not go bankrupt, bond buyers will believe us. Before I can point this out, saving $1T sounds like blowing smoke.
“Musk has previously slammed rising national debt as an existential threat to the country,”
Huh. And WHO would want the United States to “Cease to exist”? Would any such person or entity be by definition an enemy?
Theory: much of that is over the COLONIES. The battle of control over EURODOLLARS. If the Treasury isn’t handing EUROPE $1T in U.S. dollars there will be a worldwide Dollar shortage there that brings them to heel. …No wonder we couldn’t get them to go bankrupt with the Ukraine war + gas. No wonder they mostly weren’t worried. Our people are such traitors they were fighting us with our own treasury.
“Phil Kerpen USAID was created by executive order.”
See what I mean by E.O.s not being law? But I also sort of don’t believe this, it was a funded agency. Nevertheless, if Congress hands boxcars of cash this loosely IN ORDER TO FLOUT THE LAW, then exactly this reversal can happen.
BTW, top agency – but far too small to be top of the list – is FEMA. Everyone who’s dealt with FEMA even before W. and Katrina said they not only do nothing, they are worse than nothing. They are the disaster recovery prevention team. …As we just saw, arresting workers and blowing up equipment with helicopters, on camera, with people stuck in trees and dying.
“removing employment protections for civil servants, firing 17 inspectors general, reassigning career officials in the Department of Justice, sending home 160 staffers”
Still no answer to why. Still on chat I see people saying “We’re all resisting. It’s happening! Heroes, Walls are closing in!”
““This gleeful hatred of the federal workforce will lead to nothing good.”
Well, Trump is reflecting the gleeful hatred of the American people for them. And also the Federal workers for us. In fact, he’s remarkably restrained as usual. The American people would be way harder on them. Offering posh retirement after not working for three years and in fact working a second job during work hours?
““What Syria withdrawal?
““We were always playing shell gamesSo they were declaring/running wars. Would that possibly be treason to run a war against the express will of Congress and the President? If not, explain to me where that word could ever be applied.
“• US Federal Workers Told To Remove Pronouns From Email Signatures (RT)
Chat boards: “This is illegal. The genocide has started.” Yup, and that’s why most of America thinks you’re profoundly mentally ill. It’s not illegal: please feel free to continue using WORDS on your Private correspondence. Just not on the letterhead we pay you for. This, of course, is the same as being thrown into ovens or firebombed with white phosphorus on the ground in Gaza. …When they make 6 figures for not working, get full health care, and run politics with that money both on and off the clock. …Just like the Jews did in Dresden, I remember it well. They put on a gold star…then toddled down to the Himmler’s office to collect $4,000/week in pay.
““The National Press Club is deeply concerned by the Defense Department’s decision to remove certain media organizations from their dedicated spaces in the Pentagon,”
That’s odd. Since they only swapped names, which they’ve been doing for decades. How can that be an offense? Because all media is equal but “Some media organizations are more equal than others.”
“Venezuela has agreed not only to release six detained Americans,”
Are those the six idiot mercenaries running a violent coup there? F those guys. I mean, if they’re not, fine, but…
“after authorities accused them of planning to kill President Nicolás Maduro”“dropping a US reward offered for Maduro’s capture in return for Caracas taking back thousands of [Venezuelan] migrants from the US, shipping more oil to American Gulf Coast refineries”
Sounds like Venezuela won this round. They got rid of Tren for years, and by invading America openly, now Trump is negotiating merely to get BACK to normal by erasing the hit-job and having them sell oil at good prices. U.S. lost – but that’s essentially bc Biden let them all in on purpose to create the weakness.
Big Picture: Trump signed Rubio because we are dealing with LATIN America. …We are removing from Ukraine, etc. Europe is cut to the wind. We don’t care. Bigger picture? “We have always been at war with Estasia, Eurasia, Oceana”
“Now add the threat of Guantanamo. It’s ugly, but it may work.”
Yes, my complaint “It’s not big enough” was not the point. These are very rough guys who DGAF. So the only way to communicate with them is not that they’ll be deported, but FAFO here and you’ll 99% more likely to 20-to-Life in Gitmo. Don’t test me. What he’s counting on is that this communication will tip behavior and he won’t have to jail the full measure, just let some high profile heads roll. …This is a good bet.
“including over 1,100 in a single day.”
Sounds impressive, but with 10M here, that’s only 365,000 a year. Not even close. He won’t even return 1M at this rate. Biden 9-0 score so far.
“Pete Hegseth is talking about US military action against cartels inside Mexico.”
This will happen.
• Mexico Announces Retaliation Against US (RT)
Look out! They might send an armed population of millions, trained soldiers and bloodthirsty gangs!
And she’s not wrong….Fast and Furious proves she’s completely correct. But gurl Puh-lease. You think the guns are coming from Minnesota? And the grenade launchers they have? Is that from Ma Kettle in Oklahoma too? They’re from the CIA, yes, but trafficked out of further South like Brazil, or I’m a taco.
“• Canada Strikes Back With Tariffs (RT)
So!!! Happy!!! Please, Justin, you’re a dream come true!!! Like Ukraine, please, please never stop going tit for tat with a nation 10x your size! It’s going to work out WONDERFULLY! If they do this, they really will end up as U.S. states bc there’ll be nothing left of you.
“Is that him, or the PAC?
• Musk Sank $288 Million Into Trump Campaign – WaPo (RT)WaPo, so “We Make S—t Up”. For instance, reporting on Chik-fil-a. Remember? Out there in the gestalt for 10 years now? Yeah, Chik-fil-a NEVER DID A THING. Ever. Not once. A PRIVATE INDIVIDUAL, who WORKED for them made a political donation once. That’s it. How dare he? Still going on today. So with those standards of journalism and discourse, just assume it’s all made up until the evidence trickles in.
Zuck and getting out the (Biden) vote, anyone? That never happened, but if it did happen it was a good thing. And also your fault.
“• Can Trump Make A Peace Deal With Putin? (SCF)
Wtf kind of question is this? Yes, he can unconditionally surrender. Other levels yet to be determined, but of course. Because we aren’t in the war that we’re in, they also don’t need a Senate vote to end the war we’re not in. See how that works? See how #AntiLogos, BothNeitherAi for maniacs?
“Get rid of Zelensky first, then hold elections.”
How would we do that? Ukraine is an independent country and we’re not in the war. It’s illegal to go around toppling leaders. Surely the UN would not allow.
“• Orban: US Now Seeks Peace In Ukraine, While EU Wants War To Continue (TASS)
Sure, exactly nothing will happen to us, but Europe will collapse. So, back-rev that. Who does that say the war was for? It was started because we’d get nothing out of it? How does that logic work?
““It is quite absurd to continue to blame Russia for everything without any reason.” The Washington Post,”
Odd. We always lied before. WaPo reporting this makes me think it’s true and Russia did do it.
“• Global Green Spending Is Falling Short of Net Zero Targets (OP)
Remember when they said they needed ANOTHER $500 TRILLION for this? Ah, good times, good times. That was only a few years ago. And the net energy gain from that would have been zero or less as well. Again, Europe has no energy. Their plan was to make the REST of the world refuse to use energy too. All they needed was to make up the most ridiculous story ever. (then enforce with banking, “Market access” and by destroying US and Russia from within). Boom, world compliance. Except they are such morons that all four legs of that plan misfired. Starting with Green Energy providing nothing, being a net liability. I mean, even if they broke even some countries might have tried it.
“first time a single orca was captured on camera killing a great white shark.”
Just you, me, and the camera. ….6 feet away. I don’t see the cameraman from the drone footage. And his supporting ship. Explain?
cuba is a terrorist state?!?!?
wtf, america is like that dude who thinks everybody else is the
assholproblem.As Musk proved with Twitter, even the private section SUCKS at efficiency, it’s not just the government.
He fired 80%+ of Twitter employees and the company still functioned just fine.
Take Duh’merican ‘health care’
Most of it is Private Sector
Takes 25% of the nations resources and delivers the worst health outcomes in the ‘developed’ world.
Fire 80% of the people involved and it probably couldn’t do any worse.
Yesterday, Dima at Military Summary said that while Ric Grenell was negotiating in Venezuela, a Russian diplomat had also flown there at the same time, like maybe THEY talked, too… https://www.youtube.com/watch?v=uNmdWugn3pQ
Don’t Panic. Its only about money.
Get a better accountant.Tariffs are a business expense.
Tariffs are paid at the border.
Tariffs are taxes and are deductible expenses.
Taxes are paid when reporting.
Therefore, governments will get less revenues from business, not more.
————
• Mexico Announces Retaliation Against US (RT)
• Canada Strikes Back With Tariffs (RT)
• Musk Reveals Treasury Has Been Auto-Paying Everyone, ‘Even Known Terrorists’ (ZH)
• USAID Website and X Account Go Dark (RT)
• Trump’s Overhaul of Federal Bureaucracy Backed by Recent Survey Research (RCW)“interagency consensus.”
execute their interpretation of U.S. government policy or in other words, “do what they thought was right.”
bureaucratic resistance interference———–
• NYT, NBC, NPR, Politico Evicted From Pentagon Press Offices (ZH)Mesenger, evictions, lost Monopoly/Legacy no more: “The Trump White House will speak to all media outlets and personalities, not just the legacy media that are seated in this room.”
———-
• Global Green Spending Is Falling Short of Net Zero Targets (OP)
————-One Word:
MKultra
“Sen. Ron Johnson suggests the Blackhawk Helicopter INTENTIONALLY slammed into the airliner at Reagan International:
“It looked like that helicopter purposely ran into the airliner. Did the pilot close their eyes? How can you not see an airplane by International airport?”
*sigh* A lot of the produce around here comes from Mexico. Some could be instead sourced locally, but avocados just don’t set well in the Phoenix area — the trees grow, but no fruit. I’m not looking forward to small avocados at $1 each. We eat a lot of avocados in my home….
Regarding Cuba and Venezuela…the US needs to stop hating on these two countries simply because their governments are socialist/communist. If we expect the rest of the world to respect OUR form of government (there was a time when it was considered odd and strange), then we need to respect the forms of government in other countries. Yes, there are always groups in every country that don’t have so much power, and are very upset about it, claiming that they are “oppressed.” Just like the government-employed wokesters are having hissy fits in the US at being told to remove pronouns from email signatures may claim oppression, the wealthy capitalists who no longer have power in Cuba and Venezuela claim oppression. Look, oppression is what the Gazans are experiencing — it isn’t just a reversal of economic fortunes or a change in “the rules of the game” that makes the old rules (which benefitted a specific minority) not work any longer. (Now, there are surely some groups and individuals in Cuba and Venezuela that are being minorly oppressed by the governments — but that is the case in nearly every country, including the US, and the people of the country need to address it. This sort of small oppression still does not approach the level oppression of the Gazans by the Israeli government, which is exponentially higher — it does not approach the level of oppression experienced by Donetz and Lugansk from 2014-2022.)
Venezuela is a tiny country and — let’s be honest — the reason why the US keeps meddling with it is because it has vast oil reserves, not because of its form of government. The Venezuelan government is not compliant to the US — that is why the US keeps meddling. And Cuba? Its natural resources aren’t so great, but it has strategic importance, and when the US snubbed it during the Cold War, it turned to the USSR, and the US is still sore about it.
I generally like (nay, LOVE) the memes that you post here. They’re generally right on the mark and either enlighten me, give pause for thought or produce a good strong laugh. However, and nevertheless, the one just put up about generalization, abstraction, short Asians and IQ is just plain wrong.
In fact, the guy who created the text isn’t just wrong, He’s got it exactly backwards. The surest evidence of high intelligence is the ability to discern one thing from another, just as the surest sign of low intelligence is the inability to tell things apart.
I get the guys point. Abstract reasoning capacity is closely associated with intelligence. To imply that people who point out that failure to differentiate are dumb is, well, kinda dumb. And to conclude that this single action “proves” that they are unable to grasp abstract concepts is also simply not true, because it doesn’t prove anything of the kind. It’s just one very small piece of very inconclusive evidence.
But the guy really puts a bow on it when he then lumps all such persons into the broad sweeping category of “low IQ”, and unequivocally states that you the reader should do that too. That kind of “logic” is just further evidence of , you guessed it, low IQ.
Cuba as terr’ist (as the speech impaired moron would have said) state.
Two questions that Amers are incapable of to answer:
1. What is to you if some country has a different socio/political system, but you are so worked-up about?
2 Why, after the people foot-voted for preference in which system they want to live in and, technically, made the “West” an ideological winner but not preventing it to stop stomping on the beaten-up “competitor”?Could it be that “competitor” in its ideology carries “seed of justice”, if you will, albeit unattainable
but, just in case, not allowed to “poison the minds” and is drowned in drumbeat that likes of Larry Fink, Bezos….and other “captains of the industry that create jobs” – and while insanely rich and even a bed people are actually your friends?Accompanying brass fanfare runs the theme that likes of Castro, Maduro….. want to reach over the Southern border straight into American heartland and take your “hard earned money”.400 Billionaire Elon(((gated))) Musk is the most acquisitive of all acquisitive shits ((go ahead and look that one up Mikey, give you a few moments)) and displays avariciousness 4 standard deviations beyond the mean…..AND yet y’all trust this venal fox should be trusted with his hand in the henhouse of The Treasury.
You do know there are ppl who can do the job better for free, a collateral duty so to speak. Ask DBS. He knows
all this is totally incongruent:
# of americans killed in america by rampant somalis in the last 50 years = probably some, but probably fewer than the unfortunate number of high schoolers deceased through gunfire in the same period
# of americans killed in somalia in the last 50 years. a bunch, i imagine, but most are “swept under certain rugs”
https://www.zerohedge.com/geopolitical/trump-orders-first-airstrikes-foreign-soil-taking-office
““WE WILL FIND YOU, AND WE WILL KILL YOU!”
•••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
this is most worrisome. those are the words of a [insert troubling adjective] mind.
i fear mr trump, through extensive modeling and training, has become what he was portrayed to be over the last eight years,
AND
he has also learned what he was “supposed” to do as ¡comandante-in-chief!.
he
has
become (¿the ultimate?)
A I
behold! TRUMPBORG
can someone please put that above post in one of them fancy a i picture makers?
thanks,
tdk
(by the way, i meant to write “those MEDDLING kids” as me moniker, but i got the tagline wrong. ruh roh.)
Evaluate. Tariffs are a business expense. Tariffs are paid at the border. Tariffs are taxes and are deductible expenses. Taxes are paid when reporting. Therefore, governments will get less revenues from business, not more.
Interesting thought process! Let’s break it down.
(Warning: Word salad from copilot)
Tariffs are a business expense. True, tariffs are costs incurred by businesses importing goods.Tariffs are paid at the border. Yes, they are collected at the point of entry into the country.
Tariffs are taxes and are deductible expenses. Tariffs are indeed taxes, but whether they’re deductible depends on specific tax laws. Typically, tariffs become part of the cost of goods sold and can reduce taxable income.
Taxes are paid when reporting. Regular business taxes are paid when filing tax returns, usually annually or quarterly.
Here’s the interesting part: deductible expenses reduce taxable income, which may lower tax liabilities for businesses, thus affecting government revenues. However, tariffs are a direct source of revenue for governments as they are collected at the border. So the immediate revenue from tariffs is certain, while the impact on tax revenues is indirect and depends on business profitability and other factors.
In conclusion, while the net effect may reduce the taxable income for businesses, the government still gains immediate revenue from tariffs. It’s a bit of a balancing act, not necessarily leading to less overall revenue for the government.
Impact on Business profits and need to pass on cost to consumers
When tariffs are imposed on imported goods, businesses face higher costs as they must pay these tariffs at the border. These costs can have several impacts:
Impact on Business Profits:
Increased Costs: Tariffs raise the cost of imported goods, reducing profit margins for businesses that rely on these imports.Reduced Competitiveness: If businesses cannot pass on these costs to consumers, they may struggle to compete with firms not subject to tariffs, potentially leading to lower sales and profits.
Supply Chain Adjustments: Companies might need to seek alternative suppliers or shift production domestically, which can involve additional costs and investments.
Need to Pass on Costs to Consumers:
Price Increases: Businesses often pass on the higher costs resulting from tariffs to consumers by raising prices. This helps maintain their profit margins but can lead to decreased demand if consumers find the products too expensive.Inflation: Widespread price increases can contribute to inflation, affecting the overall economy and consumers’ purchasing power.
Consumer Behavior: Higher prices might push consumers to look for alternative products or cheaper substitutes, potentially impacting businesses that cannot easily pass on the costs.
In summary, tariffs can squeeze business profits unless companies successfully transfer the added expenses to consumers. However, this shift can trigger inflationary pressures and alter consumer behaviors, introducing a ripple effect across the economy.
How do you see tariffs impacting the industries or products you care about?
cost of tariff will be passed on to gov
Evaluate. Tariffs are a business expense. Tariffs are paid at the border. Tariffs are taxes and are deductible expenses. Taxes are paid when reporting. Therefore, governments will get less revenues from business, not more.
Interesting thought process! Let’s break it down.Tariffs are a business expense. True, tariffs are costs incurred by businesses importing goods.
Tariffs are paid at the border. Yes, they are collected at the point of entry into the country.
Tariffs are taxes and are deductible expenses. Tariffs are indeed taxes, but whether they’re deductible depends on specific tax laws. Typically, tariffs become part of the cost of goods sold and can reduce taxable income.
Taxes are paid when reporting. Regular business taxes are paid when filing tax returns, usually annually or quarterly.
Here’s the interesting part: deductible expenses reduce taxable income, which may lower tax liabilities for businesses, thus affecting government revenues. However, tariffs are a direct source of revenue for governments as they are collected at the border. So the immediate revenue from tariffs is certain, while the impact on tax revenues is indirect and depends on business profitability and other factors.
In conclusion, while the net effect may reduce the taxable income for businesses, the government still gains immediate revenue from tariffs. It’s a bit of a balancing act, not necessarily leading to less overall revenue for the government.
What are your thoughts on this?
Impact on Business profits and need to pass on cost to consumers
When tariffs are imposed on imported goods, businesses face higher costs as they must pay these tariffs at the border. These costs can have several impacts:Impact on Business Profits:
Increased Costs: Tariffs raise the cost of imported goods, reducing profit margins for businesses that rely on these imports.Reduced Competitiveness: If businesses cannot pass on these costs to consumers, they may struggle to compete with firms not subject to tariffs, potentially leading to lower sales and profits.
Supply Chain Adjustments: Companies might need to seek alternative suppliers or shift production domestically, which can involve additional costs and investments.
Need to Pass on Costs to Consumers:
Price Increases: Businesses often pass on the higher costs resulting from tariffs to consumers by raising prices. This helps maintain their profit margins but can lead to decreased demand if consumers find the products too expensive.Inflation: Widespread price increases can contribute to inflation, affecting the overall economy and consumers’ purchasing power.
Consumer Behavior: Higher prices might push consumers to look for alternative products or cheaper substitutes, potentially impacting businesses that cannot easily pass on the costs.
In summary, tariffs can squeeze business profits unless companies successfully transfer the added expenses to consumers. However, this shift can trigger inflationary pressures and alter consumer behaviors, introducing a ripple effect across the economy.
How do you see tariffs impacting the industries or products you care about?
cost of tariff will be passed on to gov
When businesses pass the costs of tariffs on to consumers, they can help maintain their profit margins. However, if consumers push back against higher prices and demand decreases, the government might see a secondary effect: reduced sales taxes or other consumer-related tax revenues.
Moreover, some businesses might struggle to fully pass on these costs and choose to absorb them instead. This can lead to lower profitability, which in turn means lower corporate income taxes paid to the government.
So, while the immediate revenue from tariffs goes directly to the government, the broader economic implications can indirectly affect other tax revenues. It’s a complex dynamic that governments and businesses need to carefully navigate.why would businesses NOT pass on the tariff cost as a tax deduction
It’s not that businesses can’t account for tariffs as part of their expenses; they can. When tariffs are paid, they’re usually added to the cost of goods sold (COGS) or inventory value, which ultimately affects the company’s taxable income. Here’s why businesses might not view it as a simple tax deduction:
Reasons Businesses Might Not Pass Tariff Costs as Tax Deductions:
Cash Flow Impact: Tariffs are paid upfront at the border. This can create immediate cash flow challenges that might not align with the timing of tax benefits.Accounting Complexity: Businesses need to accurately account for tariffs in their financial records, which can add complexity and require additional administrative resources.
Partial Absorption: Some businesses might absorb a portion of the tariff costs to remain competitive, thus not fully passing the cost on to consumers or deducting the entire amount.
Market Sensitivity: Depending on market conditions and consumer sensitivity to price changes, businesses might be cautious about raising prices and prefer not to rely solely on tax deductions to offset tariffs.
Tax Deductions and Business Strategy:
Indirect Impact: While tariffs can be included in deductible expenses, the immediate impact on cash flow and the need to manage pricing strategies may take precedence in business decision-making.Profitability Focus: Businesses might prioritize strategies to maintain profitability and market share over relying on tax deductions that occur later.
In essence, while businesses do account for tariffs in their expenses and potentially reduce taxable income, the immediate operational and strategic considerations often influence how they handle these costs.
Why are the MSM not communicating this info
It’s a good question. The mainstream media (MSM) often focuses on the immediate, tangible impacts of tariffs,
such as price increases for consumers and potential trade wars. However, the more nuanced aspects of tariffs, like their impact on business expenses, tax deductions, and overall economic implications, might not always make headlines because they can be complex and less sensational.Additionally, media outlets have limited space and time to cover stories, so they might prioritize what they believe will engage their audience the most. Complex economic analyses might not always fit that bill.
Do you think there should be more coverage on these topics, or is it just the nature of media to focus on more immediate impacts?
(Lying is also not telling the whole truth)Do your critical thinking skills.
List of products getting Tariffs is there for accountants to inspect. More list to come.
You remember the covid19 lies.
Its happening again.
Consumer are going to get screwed.
Business will laugh all the way to the bank.Schumer Under Investigation While Trump Reshapes Washington
https://www.zerohedge.com/political/schumer-under-investigation-while-trump-reshapes-washingtonhttps://www.bdc.ca/en/articles-tools/blog/impact-of-potential-tariffs-how-to-get-your-business-ready?form=MG0AV3
Logo – Business Development Bank of Canada – BDC
The impact of potential tariffs: How to get your business ready
Published January 31, 2025
Buyers are usually responsible for paying tariffs.Export Development Canada (EDC) has more information on how tariffs work and how they can affect international trade.
https://www.edc.ca/en/article/how-tariffs-work-for-business.htmlIf you export, you will probably want to calculate the potential impact on sales caused by the tariffs imposed to U.S. importers.
The simplest way to do this is to add the proposed tariff percentage to your current export price. For example, if the tariff is 25%, multiply the current price by 1.25; therefore, a good currently sold for US$100 would now by purchased by your client for US$100 X 1.25 = US$125.
This has got to be a Hate Crime or at least some type of culinary desecration
Make Duh’merica Healthy Again
Woketard World Agenda against the western culture every bit as destructive physical violence.
Controlling the “Information Space”
Like burning witches and Tulip Mania
Make Duh’merica Healthy Again
Just came from the supermarket. Not much different what I’ve seen before and after me on check-out. Ubiquitous Coke is missing in the picture caption.
People mingle “taste”, which they think “as good” with idea of healthy food.
- You must be logged in to reply to this topic.
Sorry, the comment form is closed at this time.