Tag: captialism

Opec Has To Up Petroleum Production Because Trump Is Drilling- We’re Going To Get Cheaper Gas At The Pump

OPEC+ plans to further accelerate oil output hikes and could unwind its 2.2 million barrels per day of voluntary cuts by the end of October if members do not improve compliance with their production quotas, four sources from the group said.

OPEC+ shocked the oil market in April by agreeing a faster-than-expected unwinding of cuts despite weak prices and demand. The move was designed by OPEC+ leader Saudi Arabia to punish some members for poor quota compliance, sources have said.

The group, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, agreed another big output hike for June on Saturday, taking the total it plans to release in April, May and June to nearly 1 million bpd.

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More competition means cheaper prices and then cheaper goods. We win

Election Memes – It’s Almost November 5

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Once again, Europeans are trying to tell Americans what they can say and do

We started our country to get away from and not be like Europeans. It’s getting tiresome to be told to act like them because that is the standard they are measuring by. 

Here’s how it began.

Washington on Christmas

My European relatives and travels have shown me a few things. They didn’t progress as far and as much as the US has since the above, and that the favorite sport in Europe isn’t football, it’s trashing America.

They are mostly socialist now and have had their land, welfare system and country invaded by the goat herders. I’ll give you that our southern border has been overrun, but that’s going to change in 2024 when the politician they loathe the most gets re-elected. Most of them aren’t people wanting to kill and rape, but came to seek a better life. I’ll especially laugh at my wife’s relatives then.

Well, here we have them at it again. See below.

The European Union’s (EU) regulatory agenda will largely hit U.S. technology companies and will impact Americans’ speech and lifestyle by stifling innovation, experts told the Daily Caller News Foundation.

The EU laws consist of content moderation regulation, antitrust enforcement and artificial intelligence (AI) model rules, all carrying massive financial penalties for violation. The laws apply to platforms that have large user bases in the EU, which are mainly American companies, with the EU recently launching a formal investigation into billionaire Elon Musk’s X and bipartisan lawmakers pushing President Joe Biden to ensure the regulation does not harm U.S. firms unfairly, according to Reuters.

“The EU views industry regulations as aspirational, which means there’s an element of selective enforcement and only require industry to put good-faith efforts when complying,” Joel Thayer, president of the Digital Progress Institute, told the DCNF. “It’s why they are far more strident. … Therein lies the problem, the EU can turn the dial up or down on how fervently they will regulate. Given how broad all of these laws are—particularly the AI Act, this means that every company that either creates software, distributes software, or has it in their devices are implicated. The EU’s laws now encompass everything from social media to children’s toys.”

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And Now, A Word About Taxes

Thanks to the Feral Irishman for this one.

They are just taking our money and giving it to others. They won’t spend 5 billion to close the border fence, but can’t wait to give $100’s of Billions to other countries and not us (to build fences on their borders). In no way are the current leaders thinking of our best interests. They are thinking of their investments (Pelosi anyone?) and getting re-elected on other people’s money.

Do you know that all of the money for foreign aid is wrapped up together? So is we are helping a needy country, it gets bundled together with money going to China, Russian, Iran and other state sponsored terrorists.

It leads to Socialism, which leads to higher taxes. Relatives in the Scandinavian country tell me that they get to pay upwards of 70% taxes. I get the free college and healthcare (it’s not free, they pay taxes), but I also know of the under the table system that goes on to avoid taxes there.

I’ll support the protection of the country and investment into the future, but the just passed Anti-Inflation bill that increases inflation and is a re-badge of the green new deal. It’s just money for politicians to pilfer and waste.

With this Act, there are 87,000 new IRS agents. There are less than 900 billionaires in the US. What is happening is that the CBO Confirms at Least $20 Billion From New Audits Will Come From Those Making Less than $400K

Yes, just like Bush 41, Biden lied. There will be taxes on those who can afford it the least.

History shows the larges tax revenue increases are from tax cuts, not tax increases. Why? because you stimulate the economy and more revenue is generated for everyone, including the government.

It only leads to one thing.

And to bring this to an unhappy ending, this is why history is importat: