America’s ultra-wealthy are responsible for 28% of unpaid taxes in US — $7 trillion in lost revenue: report

Let’s not forget this is happening with the blessing and assistance of the government. They concern themselves with little people not paying taxes. The wealthy get a free ride. And the consequence to society is devastating:

Wealthy Americans owe approximately 28% of all back taxes and have avoided paying an estimated $163 billion each year, according to a new report published by the U.S. Department of the Treasury.

According to The New York Times, the Treasury found the top 1% of the United States’ ultra-wealthy that have avoided paying taxes is “pushing the estimated tax gap, the amount of money owed by taxpayers that isn’t collected, to nearly around $600 billion annually, and to approximately $7 trillion in lost revenue over the next decade.”


Joe Biden is a Pathological Liar. Just like Trump

Just look at the video tape:

Continue reading “Joe Biden is a Pathological Liar. Just like Trump”

Joe Biden called for Cutting Social Security, Medicare, Medicaid, and Veteran Benefits

He’s been very consistent:

AS EARLY AS 1984 and as recently as 2018, former Vice President Joe Biden called for cuts to Social Security in the name of saving the program and balancing the federal budget. Last week, Sen. Bernie Sanders highlighted Biden’s record on Social Security in prosecuting the case that Biden isn’t the most electable candidate. The issue could be raised again in Tuesday night’s debate.

After a Sanders campaign newsletter continued the attack on Biden’s Social Security record, the Biden campaign complained to fact-checkers at Politifact that his comments were being taken out of context. Placed in context, however, Biden’s record on Social Security is far worse than one offhand remark. Indeed, Biden has been advocating for cuts to Social Security for roughly 40 years.

And after a Republican wave swept Congress in 1994, Biden’s support for cutting Social Security, and his general advocacy for budget austerity, made him a leading combatant in the centrist-wing battle against the party’s retreating liberals in the 1980s and ’90s.


He can’t runaway from his record:

What that record shows is that Biden has a 40-year history of being open to Social Security cuts, including raising the retirement age, reducing cost-of-living adjustments and, worst of all, means testing, which would convert Social Security from an earned social insurance benefit to welfare. That would not just cut Social Security but destroy it.

But why is the history important, now that Biden has joined Sanders and Senator Elizabeth Warren (D-MA) in embracing expansion with no cuts? It raises questions of judgment and even more seriously, the failure to understand the mistakes of the past. Biden recently tweeted “I’ve been fighting to protect — and expand — Social Security for my whole career.” That claim isn’t remotely true. Biden is entirely unwilling to admit his past Social Security error.

Effective compromise requires a deep understanding of one’s values, so one knows where to compromise and where to hold firm. Biden’s record shows that in the past, he did not understand when to hold firm. That raises the question of whether he knows when to do so in the future.


Trish Regan’s Fox Show Put ‘On Hiatus,’ Days After Off-The-Rails Coronavirus Rant

She should have been fired for spreading dangerous disinformation. But there are others on FOX doing the same:

Trish Regan’s prime-time show on Fox Business has been taken off the air “until further notice,” the network announced Friday, just days after the anchor engaged in an off-the-rails rant about the coronavirus pandemic.

Lisa Kennedy Montgomery’s “Kennedy” show will also go “on hiatus” as the network announced it will now deploy “all resources from both shows for staffing needs during critical market hours,” multiple outlets reported.

Continue reading “Trish Regan’s Fox Show Put ‘On Hiatus,’ Days After Off-The-Rails Coronavirus Rant”

Trump is pushing a dangerous, false spin on coronavirus — and the media is helping him spread it

The corporate press has not done it’s job from the very beginning. They should be exposing this conman and thug, not repeating his propaganda. They should be driving a hard bargain by demanding Trump and his brownshirts answer questions and not spew talking points. If they don’t take away the cameras. But they don’t do that because they are afraid of losing access. And that means profits for the media. So they won’t do it. Afterall, the mainstream press is owned by large corporations. And they don’t mind Trump’s lies as long as they make money:

Trump and his chosen spokespeople are attempting to dramatically play down the seriousness of the coronavirus and to blame the legitimate news media for doing their jobs of informing the public.

In reporting what Trump has to say, the news media has a huge responsibility not to repeat and amplify his misleading spin — a spin that may serve his political interests but is not in the public interest.

It’s not always easy, though, for mainstream journalists to put his claims in the proper context.

After all, it had always been normal to let a president have his say — to let his statements top the news while letting the fact-checks follow.

That has changed somewhat during the lie-ridden Trump administration but not nearly enough. The reflexive media urge, deep in our DNA, is still to quote the president without offering an immediate challenge.

Wall St. Journal

Coronavirus could cost Trump the election, Goldman Sachs warns

It was the stock market collapse in 2008 that cost Republicans control of both branches of the government that year.

A market meltdown. Surging recession fears. And a sudden spotlight on America’s health care system. Goldman Sachs is warning Wall Street that the coronavirus could cost President Donald Trump the election.

The potential political fallout from the coronavirus adds yet more uncertainty for investors trying to assess the impact of the fast-moving epidemic.

“If the coronavirus epidemic materially affects US economic growth it may increase the likelihood of Democratic victory in the 2020 election,” Goldman Sachs analysts led by Ben Snider wrote in a report published Wednesday night.

Independents outnumber Registered Republicans for the first time

Americans are ready to abandon the two party system:

While independents have surpassed Republicans, there actually hasn’t been a huge drop in GOP party registration since Trump took office. Since October 2016, GOP registration has dropped by half a percentage point. Democrats have actually declined by nearly a full point over the same span. Independents have benefited from both drops.

And they have been doing so for years. Democrats are more than three points off their peak this century, which was in 2008 when Barack Obama was about to become president. At the time, 43.62 percent of voters were registered Democrats.

Covering Trump’s coronavirus response, major newspapers barely mention that he fired pandemic experts in 2018

Five major American newspapers — The New York Times, The Washington Post, The Wall Street Journal, USA Today, and Los Angeles Times — have largely ignored President Donald Trump’s firing of “the government’s entire pandemic response chain of command” in 2018 in their print coverage of his administration’s response to the novel coronavirus outbreak over the past two weeks.

Source: Covering Trump’s coronavirus response, major newspapers barely mention that he fired pandemic experts in 2018 | Media Matters for America

#NeverBloomberg Report (2-18-20)

He nailed it. Mainstream Democrats keep talking about support the nominee of the party who ever it is. But keep attacking Bernie and how bad it would be if he were nominated. He is enemy #1, not Trump, as they really see it.