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Joe Machin just caved #3716185
07/27/22 04:43 PM
07/27/22 04:43 PM
Joined: Nov 2011
Posts: 11,794
A
abolt300 Offline OP
Booner
abolt300  Offline OP
Booner
A
Joined: Nov 2011
Posts: 11,794
Machin just announced that he'd reached a deal with Schumer to allow the dems to pass a scaled down version of their tax and spend green wish list (formerly known as the New Green Deal) though budget reconciliation, which requires just 50 dem votes. Minimum tax rates for corporations (will be passed directly to consumers), typical climate change stuff, promises from Biden admin to reduce some regulatory red tape later this year after the mid-terms ( yeah right, like that's going to ever happen). Just more of the same old same old. You'd think that with 10% inflation (really prob 30% or more for the middle class) that they would have learned that printing and putting more money into circulation causes real problems but I guess they dont teach that part of basic economics at Ivy League prep schools and colleges. No mention of how much, other than repeatedly saying "it's scaled way back from the original price tag", but I'll bet it's still in excess of another trillion and this new agreement is on top of the trillion they all agreed to last week. Bend over and smile for the camera Americans, and know that your elected officials are looking out for your best interest.

Last edited by abolt300; 07/27/22 05:05 PM.
Re: Joe Machin just caved [Re: abolt300] #3716193
07/27/22 04:57 PM
07/27/22 04:57 PM
Joined: Aug 2001
Posts: 72,320
Luverne, AL
Skinny Offline
GUVNER
Skinny  Offline
GUVNER
Joined: Aug 2001
Posts: 72,320
Luverne, AL
I have been investing in My Lotion just for the day when the Dems come and take me away.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
Re: Joe Machin just caved [Re: abolt300] #3716194
07/27/22 04:57 PM
07/27/22 04:57 PM
Joined: Jul 2020
Posts: 8,854
Chelsea
L
Lockjaw Offline
14 point
Lockjaw  Offline
14 point
L
Joined: Jul 2020
Posts: 8,854
Chelsea
That is disappointing. I can't see a guy from a coal producing state thinking this will be of benefit to his voters, unless he has larger aspirations that remaining in the senate.

Re: Joe Machin just caved [Re: abolt300] #3716195
07/27/22 04:58 PM
07/27/22 04:58 PM
Joined: Aug 2014
Posts: 14,313
Mobile, AL
S
SouthBamaSlayer Offline
Gary's Fluffer
SouthBamaSlayer  Offline
Gary's Fluffer
S
Joined: Aug 2014
Posts: 14,313
Mobile, AL
I hope y’all are ready to go to your employer and ask for a COLA.

Re: Joe Machin just caved [Re: Lockjaw] #3716203
07/27/22 05:12 PM
07/27/22 05:12 PM
Joined: Nov 2011
Posts: 11,794
A
abolt300 Offline OP
Booner
abolt300  Offline OP
Booner
A
Joined: Nov 2011
Posts: 11,794
Originally Posted by Lockjaw
That is disappointing. I can't see a guy from a coal producing state thinking this will be of benefit to his voters, unless he has larger aspirations that remaining in the senate.


I'm betting there is something in there specifically for the coal guys, to allow for a certain number of new coal fired power plants, or something like that, etc. Gotta have something to generate power for those EVs and it dang sure wont come from wind or solar. Then again, they may have just outright offered Machin a large sum of cash in a strategically placed offshore account. A nice influx of cash for his campaign.... no telling. We will certainly never know how the sausage was made. LOL. I certainly hope the citizens in his home state will remember and reward him with a trip to the porch next time he's up for re-election.

Re: Joe Machin just caved [Re: abolt300] #3716222
07/27/22 05:45 PM
07/27/22 05:45 PM
Joined: Aug 2001
Posts: 10,278
blount county alabama
I
imadeerhntr Offline
Booner
imadeerhntr  Offline
Booner
I
Joined: Aug 2001
Posts: 10,278
blount county alabama
Just heard that

Re: Joe Machin just caved [Re: abolt300] #3716266
07/27/22 07:30 PM
07/27/22 07:30 PM
Joined: Jun 2016
Posts: 1,864
lauderdale co
B
brushwhacker Offline
8 point
brushwhacker  Offline
8 point
B
Joined: Jun 2016
Posts: 1,864
lauderdale co
An lot guys on here been bragging on him lately. He caved just like a democrat. If any one thinks these gov officials working for us think agin. Lot back door deals. 443 billion for climate change agenda an aca. So now they going around the Supreme Court decision that took away epa ability to make rules pertaining to climate change an spending billions on new laws to fund the climate change bull crap. Also part that money will go to fund the deadbeats that sit home an get free insurance sudsidies. Climate change crap is gonna kill this country. An the %15 tax on the big companies will be passed along to us. More Inflation an higher gas prices are around the bend. This guy had chance to stop all that but he caved . We see who brags on him now


Brushwacker
Re: Joe Machin just caved [Re: abolt300] #3716267
07/27/22 07:30 PM
07/27/22 07:30 PM
Joined: Nov 2008
Posts: 10,667
Alabama
W
whack-n-stack Offline
Booner
whack-n-stack  Offline
Booner
W
Joined: Nov 2008
Posts: 10,667
Alabama
Inflation is the tax they can pass without a vote. It’s gonna get worse. Abandon all hope you have of it being stopped by rational thought.

Re: Joe Machin just caved [Re: abolt300] #3716270
07/27/22 07:33 PM
07/27/22 07:33 PM
Joined: Aug 2003
Posts: 43,538
UR 6
top cat Offline
Freak of Nature
top cat  Offline
Freak of Nature
Joined: Aug 2003
Posts: 43,538
UR 6


Things getting tight @ my 20


LUCK:::; When presistence, dedication, perspiration and preparation meet up with opportunity!!!
- - - - - - - -A government big enough to give you everything you want, is big enough to take everything you have. Thomas Jeferson - - - - - - - -
Re: Joe Machin just caved [Re: abolt300] #3716274
07/27/22 07:37 PM
07/27/22 07:37 PM
Joined: Nov 2013
Posts: 2,969
Prattville Al.
C
capehorn24 Offline
10 point
capehorn24  Offline
10 point
C
Joined: Nov 2013
Posts: 2,969
Prattville Al.
He didn't cave he got what he was wanting to further his agenda/senate longevity. What's in it for me

Re: Joe Machin just caved [Re: Skinny] #3716275
07/27/22 07:37 PM
07/27/22 07:37 PM
Joined: Aug 2018
Posts: 6,040
Georgia and Missouri
Semo Offline
12 point
Semo  Offline
12 point
Joined: Aug 2018
Posts: 6,040
Georgia and Missouri
Originally Posted by Skinny
I have been investing in My Lotion just for the day when the Dems come and take me away.


You are on a roll today.

Re: Joe Machin just caved [Re: abolt300] #3716294
07/27/22 07:59 PM
07/27/22 07:59 PM
Joined: Jun 2013
Posts: 3,153
Columbia, SC
CeeHawk37 Offline
10 point
CeeHawk37  Offline
10 point
Joined: Jun 2013
Posts: 3,153
Columbia, SC
Raising taxes and increasing spending in the middle of a recession and high inflation…. I might be wrong but sure seems like the powers that be really want us to jump right on into a true depression.

Re: Joe Machin just caved [Re: CeeHawk37] #3716298
07/27/22 08:05 PM
07/27/22 08:05 PM
Joined: Feb 2009
Posts: 4,273
Ramer
ronfromramer Offline
10 point
ronfromramer  Offline
10 point
Joined: Feb 2009
Posts: 4,273
Ramer
One thing all politicians have in common is that sooner or later they will all disappoint you. Everyone has their price

Last edited by ronfromramer; 07/27/22 08:06 PM.
Re: Joe Machin just caved [Re: abolt300] #3716308
07/27/22 08:18 PM
07/27/22 08:18 PM
Joined: Feb 2008
Posts: 17,053
Montgomery
bamaeyedoc Offline
Old Mossy Horns
bamaeyedoc  Offline
Old Mossy Horns
Joined: Feb 2008
Posts: 17,053
Montgomery
Y’all know he does have a D behind his name, right?


AKA: “Dr. B”
Aldeer #121
8-3-2000
Proud alum of AUM, UAB, and UA
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Glennis Jerome "Jerry" Harris
1938-2017
UGA Class of 1960
BS/MS Forestry
LTJG, USNR



Re: Joe Machin just caved [Re: abolt300] #3716591
07/28/22 10:09 AM
07/28/22 10:09 AM
Joined: Feb 2009
Posts: 4,273
Ramer
ronfromramer Offline
10 point
ronfromramer  Offline
10 point
Joined: Feb 2009
Posts: 4,273
Ramer
That's a piain and simple brain dead stupid move. Increased spending and increased corporate taxation on the front end of a recession is a poison pill for the economy

Re: Joe Machin just caved [Re: abolt300] #3716593
07/28/22 10:14 AM
07/28/22 10:14 AM
Joined: Jul 2010
Posts: 9,849
B'ham
Goatkiller Offline
14 point
Goatkiller  Offline
14 point
Joined: Jul 2010
Posts: 9,849
B'ham
Oh.... but he's really conservative and going to be the firewall between us and Nancy.

Yea right.

West Virginia needs to get their heads outa their asses and vote him out. I knew this was going to happen.


If Chuck needed a vote all they would have to do is get Mitch to pony up a couple Republican at the 9th hour like they did last time. They are pissin down our backs and telling us it's raining.

Has anyone gotten Katie Britt's position on these spending bills? I thought she was running for election in November. I'd love to hear from her. But nobody in Alabama is going to ask her. That's what's wrong with this State.


No government employees were harmed in the making of this mess.
Re: Joe Machin just caved [Re: abolt300] #3716607
07/28/22 10:32 AM
07/28/22 10:32 AM
Joined: Aug 2018
Posts: 6,040
Georgia and Missouri
Semo Offline
12 point
Semo  Offline
12 point
Joined: Aug 2018
Posts: 6,040
Georgia and Missouri
Well, increasing taxes is one way to fight inflation. Not the play I'd go with. I'm more of a Jack Kemp flat tax supply side guy.

Though the increases in taxes (if I read them right) I dont think are a big deal. 15% minimum corporate tax on companies over 1billion and ending carried interest for fund managers. Both of those were fat cat welfare written into the code.

Re: Joe Machin just caved [Re: Semo] #3716614
07/28/22 10:41 AM
07/28/22 10:41 AM
Joined: Feb 2009
Posts: 4,273
Ramer
ronfromramer Offline
10 point
ronfromramer  Offline
10 point
Joined: Feb 2009
Posts: 4,273
Ramer
Originally Posted by Semo
Well, increasing taxes is one way to fight inflation. Not the play I'd go with. I'm more of a Jack Kemp flat tax supply side guy.

Though the increases in taxes (if I read them right) I dont think are a big deal. 15% minimum corporate tax on companies over 1billion and ending carried interest for fund managers. Both of those were fat cat welfare written into the code.





Historically, tax increases result in less tax revenue. There's a reason that large corporations have a squad of tax attorneys. Democrats never learn from their mistakes, they just double down

Re: Joe Machin just caved [Re: abolt300] #3716616
07/28/22 10:45 AM
07/28/22 10:45 AM
Joined: Jul 2010
Posts: 9,849
B'ham
Goatkiller Offline
14 point
Goatkiller  Offline
14 point
Joined: Jul 2010
Posts: 9,849
B'ham
The 15% will get pushed down to the Consumer. Who is us.

So it's "tax and spend" any way you look at it. Democrat AND Republican's 101.


No government employees were harmed in the making of this mess.
Re: Joe Machin just caved [Re: whack-n-stack] #3716617
07/28/22 10:45 AM
07/28/22 10:45 AM
Joined: Nov 2015
Posts: 21,456
HSV AL
jmudler Offline
Freak of Nature
jmudler  Offline
Freak of Nature
Joined: Nov 2015
Posts: 21,456
HSV AL
Originally Posted by whack-n-stack
Inflation is the tax they can pass without a vote.

Gospel truth


Isaiah 5:20 Woe to those who call evil good and good evil, who put darkness for light and light for darkness, who put bitter for sweet and sweet for bitter.
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