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Posts Tagged ‘economy’

* Online supermarket chain, where I buy familiar food of my youth, has been charging $9 for their delivery service (unlike other, whose delivery is free). In addition, I usually tip the driver. Today I discovered  the following notice on their main page:

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Bravo

“…Sen.Paul’s amendment, but he insisted it be added to the underlying bill.

The change Paul is seeking would create a special inspector general to oversee how the Ukraine military aid is spent.”
I – and 331 mln of others – am the one paying taxes and funding this drunken party.  Show me the bills.
PS
Arbat here speaks for me

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SSA gone woke!
Say good bye to a lifetime of your hard-earned-savings for the old age.
I think I will have to work till I drop, as all my SSA pension will be stolen.

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Пора валить’22

А вот и первая новость в 2022

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[reposting my comment from elsewhere]

my grandma grew very much in that tradition: she was the older sister in a family of 4 children, and her assigned chore was making clothes for the rest of the kids. (that – and cooking…and cleaning…and white-washing the walls…and starting working outside of home at a factory when she was 15)

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It’s the season

…for a taxman to be jolly.

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Узнавши на ЛинкдИн-е о закрытии Century21 , всполошилась и  побежала смотреть на их сайт – а ну чего скажут? Сайт молчит, о банкротстве ни гугу*, о том когда магазины закрывают – тоже.

Что же это, бабоньки, завыл внутренний шопоголик. После безвременной смерти Daffy’s Century21 был последней оставававшейся сетью относительно приличной, в т.ч., европейской одежды и ассесуаров по вменяемым ценам.

*Уже поправили: см. заставку на главной стр.

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Был у меня престарелый родственник, предварявший важные сообщения© фразой: «Ну что, гусятки?»

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Burn It

[…] The consensus now is that the economic collapse will exceed that of the Great Depression: the only question is whether the collapse will endure as long–which, since the collapse was created by policy, will be the result of policy (which does not make me optimistic). (The Great Depression in the US was “Great” not so much because of the severity of the initial decline–1920/1921 was as severe–but for its duration. Monetary and other policy errors caused the extended misery. Will we repeat them?[…]

What we need are policies that target the most vulnerable (especially the elderly), and vary with local conditions. Instead, we have indiscriminate approaches that have created immense harm to our livelihoods and liberties, with little demonstrable public health benefit in return.

It’s time to rise up and speak out against the petty tyrants who wreak havoc and and add insult to injury by insisting that they are doing it for our own good.

 

Professor

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I return to my earlier dark suspicions about Trump’s direction. Stubbornly pushing tariffs, the way he disposed of his economic adviser Kohn – the one who was behind the famous tax cuts last December and is the advocate for free trade – despite being a Dem. The way he undermines his own administration – just as Mnuchin says “we are not getting into trade wars” ->Trump contradicts him with “trade war is not a bad thing”. The way he caved in to gun-control campaigners. The way the stocks fall and jump on his every tweet doesn’t inspire much confidence either.

Actually, I realize my unease about Trump’s steadfastness (or lack of ) never left me and is hovering in the back of my mind all the time.

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Nation of shopkeepers

Believing in national stereotypes has its downside: risk of falling in deep doo-doo. Like that bon mot by Napoleon in this post’ title. What kind of business genius will repeat the same mistake – that cost him dearly, practically ruining the golden goose – twice? English, apparently.

The Boston Tea Party: 1773

Salt Tax in India: 1835

Could it be possible that British East India Co continuously employed MBA graduates starting 1770’s?

 

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This is how it looks in credit card bills:


Scary, huh?

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Saturday was rather annoying. I’ve procrastinated long enough, then was sick, then had to buy a rug (another, not less irritating, story – maybe later) – and suddenly, the February is almost over! So I had to man up, brace up and face the Taxes.

¡Mira, panowie! Turbotax  is beyond belief. Because of one measly 1099-MISC I was forced to file as “self-employed”, and in addition to normal income taxes pay another half-a-thou as “self-employment tax”! Is it something new IRS invented this year?  Since when supplemental freelance gigs, accompanying a solid W2 is considered full-blown “business”? And did you know that Medicare and SS “wages and tips”as basis for namesakes taxes are calculated before your voluntary deductions, unlike your Gross? And the not-insignificant Medicare/SS taxes are not counted into your Federal tax paid – so even though your every paycheck is diminished by 1/4 of it’s worth by taxes, your annual federal obligation demonstrates underpayment? That’s what I call Creative Accounting!

So, not surprisingly, I went to bed in a foul mood, had nightmares all night (sinuses being choked up is no help either) and woke up at 5am. What to do, what to do? Opened my Kindle with latest download of Murder: British Library Classic:  a story by Gerald Findler, titled House of Screams. And I read:

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Debates

Are you watching? So far I like Bob Jindal most of all. You?
Update
Nope, I take it back. Fiorina is better – and Tramp is a misogynistic, Putin- buddy,self-aggrandizing inarticulate asshole.

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Russia is not isolated. It is a fully paid member of the Drowning Men’s Club

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lefty liberal statists [некоторые – в овечьей шкуре] сокрушаются об упущенных налоговых возможностях, катят на рейгана и нынешних республиканцев и пытаются отбелить (ха) “обаму” из “obamacare”.

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Fresh [post] Soviet joke

Soviet jokes (анекдоты) have excellent reputation, as recommended by likes of R. Reagan; here’s an apt one (translated from original Russian):

-One oligarch talks to another: “The best way to keep money is in rubles. In my closet there is huge pile of rubles, I’ve hidden all my money inside – nobody will search there”.

Один олигарх говорит другому олигарху — “Деньги лучше всего хранить в рублях. У меня вон в кладовке куча рублей валяется, я в нее спрятал все свои деньги — там точно никто искать не будет”

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Тем из вас, для кого рублёвые скАчки (и скачкИ) жизненно важен, предлагаю сегодняшний пост Профессора. Умнее большинства ваших экономистов, это точно.

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Certainly the Russians can heavily damage the Ukraine; but this is all pointless in the longer term. They are trading their wealth, soldiers and energies for essentially nothing of value in return. Their professional army can destroy but they cannot occupy the Ukraine, although their bandits probably can create some sort of brutal strong-arm “government” in the blasted areas they control with whatever population cannot escape (likely the old and alcoholics) similar to what has been deployed in Chechnya and other “frozen” conflict areas.

The Russian economy is heavily damaged; the fall in oil prices is (mostly) beyond their control but it is happening at a most un-opportune time. Sanctions will punish those few Russian companies that attempt to sell to the West, and state control of the Internet is also hurting one of their most competitive industries (high tech). The ruble is also falling and soon the Russians will be able to buy what is produced locally and this will not be the cornucopia of choice that they have today.

Read the whole thing, as they say: sound logic and many apt observations. Don’t miss the China-related prognosis at the end.

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QotD

The Apostles of Big Government are the best evangelists for libertarianism – hell, anarchocapitalism – one could possibly imagine.

Read why @Professor

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My hero

Someone, finally, is brave enough to tell it like it is:

tyranny of TSA, which will never go away because it has become yet another quasi-unionized make-work occupation reserved for favored ethnic minorities who aren’t really workers, but de facto welfare recipients at a level far more lucrative than what is available to them via direct transfer payments.

Gospel truth! All those newly-minted quasi-government “healthcare” agencies, like Fidelis and Emblem Health, all those tumorous IRS departments – they are exactly as described above, with bonus: sense of power over us, the lowly taxpayers.
[via Dustbury]

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Superintender!
Ugh. That’s not what I thought it was…and I almost decided to apply!

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Разговоры…

в пользу бедных

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Reality check

In the course of commenting on someone’s post came across my own old one, from 5.5 yrs ago. So, in how many instances was my uneasy feeling proved right (or wrong)? Let’s count.

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QotD

Am looking forward to De Blasio taking NYC in a more progressive direction, by raising taxes on well-to-do citizens starting at household income levels 1% higher than our own

Stubbornly- lib-in-the-face-of-reality Doug, one of the [still] luminous Bandarlogs

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