Manchin: He's OK with spending ANOTHER $400Billion on this latest boondoggle because it will reduce inflation....

Dzapper

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May 5, 2019
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Well, that does it folks. The final proof that the Dem/Soc ideology is a mental disorder. Manchin seemed to have only a mild case of it, but I guess having Covid on top of Leftitis was too much for him. Scratch the surface and he's a true Dem/Soc at heart. I wonder what the payoff was? Last time it was a cushy position for the Mrs...... as I recall he had a daughter who tried to gouge the public for the heroin antidote drug. She's probably in line for Fauci's position or something now.

I loved his explanation that the money he just agreed to spend would go to provide more energy to the nation and that would lower inflation because energy prices are at the root of the inflation problem. Hmmm, you'd think a Senator from West F'n Virginia might come up with a few other ways to increase the energy supply to the nation without spending $400 Billion dollars on Dem/Soc giveaways.

He should really be defeated in his Senate race in November. He's proven you have to watch what Dem/Soc do in an election year, not what they say. Actually, he's more despicable than the likes of Schumer and Warren and Sanders..... they tell you right out they are socialists who want one party control. Dopes like Manchin are the worst kind of enablers. They do crazy shit "for all the right reasons"....yeah, right.
 
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LionDeNittany

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Well, that does it folks. The final proof that the Dem/Soc ideology is a mental disorder. Manchin seemed to have only a mild case of it, but I guess having Covid on top of Leftitis was too much for him. Scratch the surface and he's a true Dem/Soc at heart. I wonder what the payoff was? Last time it was a cushy position for the Mrs...... as I recall he had a daughter who tried to gouge the public for the heroin antidote drug. She's probably in line for Fauci's position or something now.

I loved his explanation that the money he just agreed to would go to provide more energy to the nation and that would lower inflation because energy prices are at the root of the inflation problem. Hmmm, you'd think a Senator from West F'n Virginia might come up with a few other ways to increase the energy supply to the nation without spending $400 Billion dollars on Dem/Soc giveaways.

He should really be defeated in his Senate race in November. He's proven you have to watch what Dem/Soc do in an election year, not what they say. Actually, he's more despicable than the likes of Schumer and Warren and Sanders..... they tell you right out they are socialist who want one party control. Dopes like Manchin are the worst kind of enablers. They do crazy shit "for all the right reasons"....yeah, right.

Was there ever any doubt about this?

I saw an article yesterday that the former Facebook or Google CTO is going into "Climate Change".
Why do you think that is? Because he wants to save the world? F-no. It's because that's where the biggest money is available.

There is no other industry in the world right now where billions of dollars are being spent with ZERO requirement for production. It's the most elitist thing for elitists.

$400bln of unnecessary spending during a period with rampant inflation. It's all kickbacks. We are creating a new uber elite not so dissimilar to what occurred in the former Soviet Union. They control the money they control the laws.

It's OK with fools like NJ. They gladly gave up their voting rights because they think some minority wasn't allowed to vote in some state they never visited.

LdN
 

rumble_lion

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Aug 7, 2011
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Well, that does it folks. The final proof that the Dem/Soc ideology is a mental disorder. Manchin seemed to have only a mild case of it, but I guess having Covid on top of Leftitis was too much for him. Scratch the surface and he's a true Dem/Soc at heart. I wonder what the payoff was? Last time it was a cushy position for the Mrs...... as I recall he had a daughter who tried to gouge the public for the heroin antidote drug. She's probably in line for Fauci's position or something now.

I loved his explanation that the money he just agreed to spend would go to provide more energy to the nation and that would lower inflation because energy prices are at the root of the inflation problem. Hmmm, you'd think a Senator from West F'n Virginia might come up with a few other ways to increase the energy supply to the nation without spending $400 Billion dollars on Dem/Soc giveaways.

He should really be defeated in his Senate race in November. He's proven you have to watch what Dem/Soc do in an election year, not what they say. Actually, he's more despicable than the likes of Schumer and Warren and Sanders..... they tell you right out they are socialists who want one party control. Dopes like Manchin are the worst kind of enablers. They do crazy shit "for all the right reasons"....yeah, right.

Well, that does it folks. The final proof that the Dem/Soc ideology is a mental disorder. Manchin seemed to have only a mild case of it, but I guess having Covid on top of Leftitis was too much for him. Scratch the surface and he's a true Dem/Soc at heart. I wonder what the payoff was? Last time it was a cushy position for the Mrs...... as I recall he had a daughter who tried to gouge the public for the heroin antidote drug. She's probably in line for Fauci's position or something now.

Yeah Manchin is completely corrupt but it wasn't a problem for the conservatives until now, lol.

And hey at least get your facts straight. His corrupt daughter was ripping people off by jacking up the price of EpiPen's. Cmon guys you can do better!

Oh yeah, I got to personally experience his daughter's "profit optimizations" as we purchased Epipens for one of my children.

HEATHER BRESCH, the former president and CEO of the drugmaker Mylan, worked directly with the CEO of Pfizer to keep prices of the company’s EpiPen product artificially high, according to new documents released as part of an ongoing lawsuit.​
The documents also show Bresch approving a scheme to force customers, captured by the company’s monopoly, to purchase two EpiPens at once, regardless of medical need. The EpiPen is an auto-injectable device that injects epinephrine into the body and can be the difference between life or death for a person suffering a severe allergic reaction.​

The documents were released as part of an ongoing antitrust suit in federal court. In June, Judge Daniel Crabtree issued a summary judgment partially siding with Mylan and partially siding with the plaintiffs, meaning the case goes on. Late last week, the judge unsealed some of the documents underlying the plaintiffs’ case.​
Among the documents is an email sent on behalf of Bresch, who is the daughter of Sen. Joe Manchin, D-W.Va., to her counterpart at Pfizer, then-CEO Ian Read. In the email, sent in January 2011, Bresch confirms a previous discussion with Read in which she says that the two agreed that as part of a deal, Pfizer would disinvest from its EpiPen competitor, Adrenaclick. Eliminating its main competitor would then allow Mylan to continue raising its prices.​
In 2007, when Mylan acquired rights to market the drug from Merck (by buying its specialty pharmaceuticals subsidiary Dey), a two-pack cost less than $100, a tiny fraction of what it costs today. The result of the deal with Merck was that Mylan manufactured part of the EpiPen delivery system, but not the medication itself, while owning the brand name and the right to distribute the whole product. The drug itself was produced by King Pharmaceuticals, which manufactured it exclusively for Mylan.​
King in 2010 announced it would be purchased by Pfizer, which was licensed to sell Adrenaclick, an EpiPen competitor, the previous year. The deal between Pfizer and Mylan led the former to withdraw its competitor from the market and partner with Mylan on Epipen, locking down a monopoly. Following the deal with Pfizer, Mylan drove the price above $600 within five years. Meanwhile, Gayle Manchin, Bresch’s mother, lobbied states to require schools to stock epinephrine as the head of the National Association of State Boards of Education. Gayle Manchin was recently confirmed to serve as co-chair of the federal Appalachian Regional Commission, a government agency tasked with promoting economic development across the region’s 13 states.​

Cutting a deal with Pfizer to divest from its competitor may be brazen enough, but to memorialize the agreement in an email produces a startling window into the ways in which corporate executives are able to manipulate markets.​
I loved his explanation that the money he just agreed to spend would go to provide more energy to the nation and that would lower inflation because energy prices are at the root of the inflation problem. Hmmm, you'd think a Senator from West F'n Virginia might come up with a few other ways to increase the energy supply to the nation without spending $400 Billion dollars on Dem/Soc giveaways.

When I complained about Manchin before I was told that he was simply representing the will of his constituents.
 

LioninHouston

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I love how Dims are claiming this isn’t a tax increase. That message works on people who aren’t smart enough to figure out what a woman is.
 
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rumble_lion

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I love how Dims are claiming this isn’t a tax increase. That message works on people who aren’t smart enough to figure out what a woman is.

Most of the tax increase have been dropped from the bill.

Individual taxes. The bill drops most of President Biden’s proposed tax increases on high-income households as well as modifications of those tax hikes the House included in its version of Build Back Better last fall. Increases in individual income tax rates and the estate tax, capital gains tax hikes, expanding the Net Investment Income Tax, and a surtax on high-income households all have been dumped. The bill also excludes the top priority of many progressive groups—restoration of the more generous CTC that expired at the end of last year.​
Business taxes. The centerpiece of the package’s revenue raisers is a 15 percent minimum tax on the income large corporations report to their shareholders. The measure appears to roughly track the version passed last year by the House and would raise about $313 billion over 10 years. The bill also tries, yet again, to end the “carried interest” tax benefit that allows managers of investment funds to pay taxes on some compensation at lower capital gains rates rather than as salary.​
 

psuted

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Well, that does it folks. The final proof that the Dem/Soc ideology is a mental disorder. Manchin seemed to have only a mild case of it, but I guess having Covid on top of Leftitis was too much for him. Scratch the surface and he's a true Dem/Soc at heart. I wonder what the payoff was? Last time it was a cushy position for the Mrs...... as I recall he had a daughter who tried to gouge the public for the heroin antidote drug. She's probably in line for Fauci's position or something now.

I loved his explanation that the money he just agreed to spend would go to provide more energy to the nation and that would lower inflation because energy prices are at the root of the inflation problem. Hmmm, you'd think a Senator from West F'n Virginia might come up with a few other ways to increase the energy supply to the nation without spending $400 Billion dollars on Dem/Soc giveaways.

He should really be defeated in his Senate race in November. He's proven you have to watch what Dem/Soc do in an election year, not what they say. Actually, he's more despicable than the likes of Schumer and Warren and Sanders..... they tell you right out they are socialists who want one party control. Dopes like Manchin are the worst kind of enablers. They do crazy shit "for all the right reasons"....yeah, right.
I’ve never been a big fan of Manchin as he’s just anther Democrat that’s beholden to the “party first” idea, albeit no to the extreme of other. Hope WV realizes this and elects a Republican and not a RINO either. This sh*t gotta stop.
 
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roswelllion

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Well, that does it folks. The final proof that the Dem/Soc ideology is a mental disorder. Manchin seemed to have only a mild case of it, but I guess having Covid on top of Leftitis was too much for him. Scratch the surface and he's a true Dem/Soc at heart. I wonder what the payoff was? Last time it was a cushy position for the Mrs...... as I recall he had a daughter who tried to gouge the public for the heroin antidote drug. She's probably in line for Fauci's position or something now.

I loved his explanation that the money he just agreed to spend would go to provide more energy to the nation and that would lower inflation because energy prices are at the root of the inflation problem. Hmmm, you'd think a Senator from West F'n Virginia might come up with a few other ways to increase the energy supply to the nation without spending $400 Billion dollars on Dem/Soc giveaways.

He should really be defeated in his Senate race in November. He's proven you have to watch what Dem/Soc do in an election year, not what they say. Actually, he's more despicable than the likes of Schumer and Warren and Sanders..... they tell you right out they are socialists who want one party control. Dopes like Manchin are the worst kind of enablers. They do crazy shit "for all the right reasons"....yeah, right.
Disappointing, yes, worse than Pelosi Schumer et al no way. Although I agree W Va. should through him out
 
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LioninHouston

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Most of the tax increase have been dropped from the bill.

Individual taxes. The bill drops most of President Biden’s proposed tax increases on high-income households as well as modifications of those tax hikes the House included in its version of Build Back Better last fall. Increases in individual income tax rates and the estate tax, capital gains tax hikes, expanding the Net Investment Income Tax, and a surtax on high-income households all have been dumped. The bill also excludes the top priority of many progressive groups—restoration of the more generous CTC that expired at the end of last year.​
Business taxes. The centerpiece of the package’s revenue raisers is a 15 percent minimum tax on the income large corporations report to their shareholders. The measure appears to roughly track the version passed last year by the House and would raise about $313 billion over 10 years. The bill also tries, yet again, to end the “carried interest” tax benefit that allows managers of investment funds to pay taxes on some compensation at lower capital gains rates rather than as salary.​
So, it is a tax increase, in order to push a bunch of measures that do nothing but hurt our economy, rack up debt, and please the greenies. Manchin held out long enough to get a better deal for himself. In politics, anyone can be bought.
 
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KnightWhoSaysNit

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The problem I have with this "Inflation Reduction Act" is that it is a funnel from my retirement funding to the Chinese Communist Party.

So Dems will tax corporations, meaning less profit and less income from equities, even bonds. They've already destroyed my fixed pension income through inflation.

Where will that money go?

-- Solar panels made in China.
-- Tax write-offs for the upper class near cities, the people who can afford electric cars.

Will that money have any appreciable impact on climate? Absolutely not. The rest of the world, especially the Chinese, Russians, Saudis, Indians, etc. are not this stupid. They'll produce and burn coal and oil.

Wealth is not created out of thin air. "Green" is not free. It only makes sense when the entire world is on board, and we are not in a position where key players are even willing to come to the table, much less negotiate/agree on something enforceable.

Pay attention to what life will be like in Central Europe this winter. They are going to freeze. That is your road map for what is to come, except worse. We are a country that is spread out to a much greater degree, so our infrastructure and energy consumption demands are much higher. We also have much more debt.
 
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2lion70

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Well, that does it folks. The final proof that the Dem/Soc ideology is a mental disorder. Manchin seemed to have only a mild case of it, but I guess having Covid on top of Leftitis was too much for him. Scratch the surface and he's a true Dem/Soc at heart. I wonder what the payoff was? Last time it was a cushy position for the Mrs...... as I recall he had a daughter who tried to gouge the public for the heroin antidote drug. She's probably in line for Fauci's position or something now.

I loved his explanation that the money he just agreed to spend would go to provide more energy to the nation and that would lower inflation because energy prices are at the root of the inflation problem. Hmmm, you'd think a Senator from West F'n Virginia might come up with a few other ways to increase the energy supply to the nation without spending $400 Billion dollars on Dem/Soc giveaways.

He should really be defeated in his Senate race in November. He's proven you have to watch what Dem/Soc do in an election year, not what they say. Actually, he's more despicable than the likes of Schumer and Warren and Sanders..... they tell you right out they are socialists who want one party control. Dopes like Manchin are the worst kind of enablers. They do crazy shit "for all the right reasons"....yeah, right.
His seat is safe. No way he gets the boot.
It's a great bill that reduces both the deficit and helps lower inflation - reduced prescription/health costs, increase energy production, and increase tax receipts from corps and hedge fund traders.
 

2lion70

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So, it is a tax increase, in order to push a bunch of measures that do nothing but hurt our economy, rack up debt, and please the greenies. Manchin held out long enough to get a better deal for himself. In politics, anyone can be bought.
Selective tax increases - primarily corps with >$1 billion profits. They have been paying zero, now they will pay 15%, they can save that by reducing Exec pay.
 

LioninHouston

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Selective tax increases - primarily corps with >$1 billion profits. They have been paying zero, now they will pay 15%, they can save that by reducing Exec pay.
giphy.gif
 

junior1

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His seat is safe. No way he gets the boot.
It's a great bill that reduces both the deficit and helps lower inflation - reduced prescription/health costs, increase energy production, and increase tax receipts from corps and hedge fund traders.
Ok, I accept what you say.
So a corporation sells widgets, makes a profit and yet pays no income tax. Assuming they're not breaking tax laws, they must be getting tax credits from some place. Those credits must have some public benefit or they wouldn't be in the tax code. So now I have to pay the minimum 15%...so now a numbers calculation comes into play. Do I continue to run my company using these credits, or do I say "screw it" I have to pay the tax anyway, so I'm giving up what I was doing to earn the credit.
Any idea what those credits might be?
 
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junior1

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The problem I have with this "Inflation Reduction Act" is that it is a funnel from my retirement funding to the Chinese Communist Party.

So Dems will tax corporations, meaning less profit and less income from equities, even bonds. They've already destroyed my fixed pension income through inflation.

Where will that money go?

-- Solar panels made in China.
-- Tax write-offs for the upper class near cities, the people who can afford electric cars.

Will that money have any appreciable impact on climate? Absolutely not. The rest of the world, especially the Chinese, Russians, Saudis, Indians, etc. are not this stupid. They'll produce and burn coal and oil.

Wealth is not created out of thin air. "Green" is not free. It only makes sense when the entire world is on board, and we are not in a position where key players are even willing to come to the table, much less negotiate/agree on something enforceable.

Pay attention to what life will be like in Central Europe this winter. They are going to freeze. That is your road map for what is to come, except worse. We are a country that is spread out to a much greater degree, so our infrastructure and energy consumption demands are much higher. We also have much more debt.
Kerry already said that we could lower our CO2 emissions to zero and it would have no effect on climate!
 
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KnightWhoSaysNit

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Kerry already said that we could lower our CO2 emissions to zero and it would have no effect on climate!

This is unfathomable to me. How does Kerry even believe this, much less utter it, and then the Democratic Party piles on board, dragging tens of millions of stupid voters right along with them.

It really is something out of the twilight zone it is so stupid.
 

rumble_lion

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Aug 7, 2011
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The problem I have with this "Inflation Reduction Act" is that it is a funnel from my retirement funding to the Chinese Communist Party.

So Dems will tax corporations, meaning less profit and less income from equities, even bonds. They've already destroyed my fixed pension income through inflation.

Where will that money go?

-- Solar panels made in China.
-- Tax write-offs for the upper class near cities, the people who can afford electric cars.

Will that money have any appreciable impact on climate? Absolutely not. The rest of the world, especially the Chinese, Russians, Saudis, Indians, etc. are not this stupid. They'll produce and burn coal and oil.

Wealth is not created out of thin air. "Green" is not free. It only makes sense when the entire world is on board, and we are not in a position where key players are even willing to come to the table, much less negotiate/agree on something enforceable.

Pay attention to what life will be like in Central Europe this winter. They are going to freeze. That is your road map for what is to come, except worse. We are a country that is spread out to a much greater degree, so our infrastructure and energy consumption demands are much higher. We also have much more debt.
Unlike the last EV tax credit this one is different and it does tie the incentives into domestic production of the cars. It's not going to incentive US citizens buying Chinese EVs.
  1. Vehicle must be assembled in North America to qualify for new credit. (Page 366, line 15)
  2. $3,750 of the new credit is based upon the vehicle having at least 40% of its battery critical minerals from the United States or countries with a free trade agreement with the United States. This is a list of countries with free trade agreements with the US.(Page 371)
  3. The other $3,750 of the new credit is based on at least 50% of the battery components of the vehicle coming from the United States or countries with a free trade agreement with the US. (Page 372, line 13)
  4. The 40% minerals requirement increases to 50% in 2024, 60% in 2025, 70% in 2026 and 80% in 2027. (page 371 line 23)
  5. The 50% battery components requirement increases to 60% in 2024, 70% in 2026, 80% in 2027, 90% in 2028 and 100% in 2029. (Page line 373)
  6. Beginning in 2025, any vehicle with battery minerals or components from a foreign entity of concern are excluded from the tax credit. (Page 374, line 20).
Tax write-offs for the upper class near cities, the people who can afford electric cars.

There is also a credit for buying used EVs that cost less than 25k.
  1. Tax credit of 30% of value of used EV with $4,000 cap (Page 387, line 23).
  2. Used vehicle must be at least two model years old at time of sale. (Page 389, line 7).
  3. Used vehicle price must be $25k or less. (Page 390, line 5).
  4. Modified gross income cap of $75k for individuals, $112,500 for head of household and $150k for joint returns. (Page 388).
 

KnightWhoSaysNit

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  1. Vehicle must be assembled in North America to qualify for new credit. (Page 366, line 15)
  2. $3,750 of the new credit is based upon the vehicle having at least 40% of its battery critical minerals from the United States or countries with a free trade agreement with the United States. This is a list of countries with free trade agreements with the US.(Page 371)
  3. The other $3,750 of the new credit is based on at least 50% of the battery components of the vehicle coming from the United States or countries with a free trade agreement with the US. (Page 372, line 13)
  4. The 40% minerals requirement increases to 50% in 2024, 60% in 2025, 70% in 2026 and 80% in 2027. (page 371 line 23)
  5. The 50% battery components requirement increases to 60% in 2024, 70% in 2026, 80% in 2027, 90% in 2028 and 100% in 2029. (Page line 373)
  6. Beginning in 2025, any vehicle with battery minerals or components from a foreign entity of concern are excluded from the tax credit. (Page 374, line 20).
Tax write-offs for the upper class near cities, the people who can afford electric cars.

There is also a credit for buying used EVs that cost less than 25k.
  1. Tax credit of 30% of value of used EV with $4,000 cap (Page 387, line 23).
  2. Used vehicle must be at least two model years old at time of sale. (Page 389, line 7).
  3. Used vehicle price must be $25k or less. (Page 390, line 5).
  4. Modified gross income cap of $75k for individuals, $112,500 for head of household and $150k for joint returns. (Page 388).

Solar panels are made in China with Chinese materials.

EVs are purchased by the upper middle class and wealthy. Anything that benefits EVs benefits them and not the lower classes. A person who buys a used EV for under 25K would be looking at a ICE for under 25K rather than face the battery replacement cost.

It's all a waste since there will be almost no impact on climate. Perhaps worse on the environment when we consider the mining involved.

The money will be collected from sources that fund my retirement.

I rest my case.
 

LafayetteBear

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Dec 1, 2009
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Rumble: Thanks for comprehensively pwning Pandazapper and the rest of the RWNJ's who elected to bleat out their complaints as soon as Democrat Joe Manchin did something that conflicted with RWNJ dogma. Their whinging is tiresome, so I enjoy it when you lay an intellectual beatdown on them. :cool:
 

KnightWhoSaysNit

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Jul 19, 2010
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Rumble: Thanks for comprehensively pwning Pandazapper and the rest of the RWNJ's who elected to bleat out their complaints as soon as Democrat Joe Manchin did something that conflicted with RWNJ dogma. Their whinging is tiresome, so I enjoy it when you lay an intellectual beatdown on them. :cool:

Our "dogma," contrary to that of your party, is to do what is best for America, especially America's middle and lower class citizens.

Your party, with this latest totally partisan legislation to be passed through "reconciliation" and likely without a Senate majority, holds more than half of the country hostage to the other half.

I find it stunning that America would elect to bury itself in these "green" costs when the rest of the world does not. It truly speaks to what the Democrats are about -- a party that needs some sort of harmful platform to make itself relevant. Otherwise, Democrats have NOTHING.

"Inflation Reduction Act?" Seriously? Who believes such lies?
 

Vic Vaselino

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Nov 14, 2009
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Well, that does it folks. The final proof that the Dem/Soc ideology is a mental disorder. Manchin seemed to have only a mild case of it, but I guess having Covid on top of Leftitis was too much for him. Scratch the surface and he's a true Dem/Soc at heart. I wonder what the payoff was? Last time it was a cushy position for the Mrs...... as I recall he had a daughter who tried to gouge the public for the heroin antidote drug. She's probably in line for Fauci's position or something now.

I loved his explanation that the money he just agreed to spend would go to provide more energy to the nation and that would lower inflation because energy prices are at the root of the inflation problem. Hmmm, you'd think a Senator from West F'n Virginia might come up with a few other ways to increase the energy supply to the nation without spending $400 Billion dollars on Dem/Soc giveaways.

He should really be defeated in his Senate race in November. He's proven you have to watch what Dem/Soc do in an election year, not what they say. Actually, he's more despicable than the likes of Schumer and Warren and Sanders..... they tell you right out they are socialists who want one party control. Dopes like Manchin are the worst kind of enablers. They do crazy shit "for all the right reasons"....yeah, right.
LO f'nL, a month ago you morons thought he was the greatest thing since sliced bread. Jesus, you're a bunch of idiots.
 

Dzapper

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May 5, 2019
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Well, that does it folks. The final proof that the Dem/Soc ideology is a mental disorder. Manchin seemed to have only a mild case of it, but I guess having Covid on top of Leftitis was too much for him. Scratch the surface and he's a true Dem/Soc at heart. I wonder what the payoff was? Last time it was a cushy position for the Mrs...... as I recall he had a daughter who tried to gouge the public for the heroin antidote drug. She's probably in line for Fauci's position or something now.

Yeah Manchin is completely corrupt but it wasn't a problem for the conservatives until now, lol.

And hey at least get your facts straight. His corrupt daughter was ripping people off by jacking up the price of EpiPen's. Cmon guys you can do better!

Oh yeah, I got to personally experience his daughter's "profit optimizations" as we purchased Epipens for one of my children.

HEATHER BRESCH, the former president and CEO of the drugmaker Mylan, worked directly with the CEO of Pfizer to keep prices of the company’s EpiPen product artificially high, according to new documents released as part of an ongoing lawsuit.​
The documents also show Bresch approving a scheme to force customers, captured by the company’s monopoly, to purchase two EpiPens at once, regardless of medical need. The EpiPen is an auto-injectable device that injects epinephrine into the body and can be the difference between life or death for a person suffering a severe allergic reaction.​

The documents were released as part of an ongoing antitrust suit in federal court. In June, Judge Daniel Crabtree issued a summary judgment partially siding with Mylan and partially siding with the plaintiffs, meaning the case goes on. Late last week, the judge unsealed some of the documents underlying the plaintiffs’ case.​
Among the documents is an email sent on behalf of Bresch, who is the daughter of Sen. Joe Manchin, D-W.Va., to her counterpart at Pfizer, then-CEO Ian Read. In the email, sent in January 2011, Bresch confirms a previous discussion with Read in which she says that the two agreed that as part of a deal, Pfizer would disinvest from its EpiPen competitor, Adrenaclick. Eliminating its main competitor would then allow Mylan to continue raising its prices.​
In 2007, when Mylan acquired rights to market the drug from Merck (by buying its specialty pharmaceuticals subsidiary Dey), a two-pack cost less than $100, a tiny fraction of what it costs today. The result of the deal with Merck was that Mylan manufactured part of the EpiPen delivery system, but not the medication itself, while owning the brand name and the right to distribute the whole product. The drug itself was produced by King Pharmaceuticals, which manufactured it exclusively for Mylan.​
King in 2010 announced it would be purchased by Pfizer, which was licensed to sell Adrenaclick, an EpiPen competitor, the previous year. The deal between Pfizer and Mylan led the former to withdraw its competitor from the market and partner with Mylan on Epipen, locking down a monopoly. Following the deal with Pfizer, Mylan drove the price above $600 within five years. Meanwhile, Gayle Manchin, Bresch’s mother, lobbied states to require schools to stock epinephrine as the head of the National Association of State Boards of Education. Gayle Manchin was recently confirmed to serve as co-chair of the federal Appalachian Regional Commission, a government agency tasked with promoting economic development across the region’s 13 states.​

Cutting a deal with Pfizer to divest from its competitor may be brazen enough, but to memorialize the agreement in an email produces a startling window into the ways in which corporate executives are able to manipulate markets.​
I loved his explanation that the money he just agreed to spend would go to provide more energy to the nation and that would lower inflation because energy prices are at the root of the inflation problem. Hmmm, you'd think a Senator from West F'n Virginia might come up with a few other ways to increase the energy supply to the nation without spending $400 Billion dollars on Dem/Soc giveaways.

When I complained about Manchin before I was told that he was simply representing the will of his constituents.
Now this may be a bit hard for you to follow, but I'll try to explain it to you and the peanut gallery of fatties who think you are a genius.

When Manchin supports conservative policies he is being consistent with the majority of his constituents' wishes. WVA is one of the reddest States in the country. When he stopped the $3 Trillion insanity, he did something good and conservatives applauded that.

When Manchin does something stupid (i.e. goes along with the Dem/Soc agenda), he is not doing the bidding of the majority of the voters in WVA. Conservatives will naturally criticize him.

Where is the inconsistency or hypocrisy in this? It's not that hard to understand.
 
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LafayetteBear

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Dec 1, 2009
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Now this may be a bit hard for you to follow, but I'll try to explain it to you ...

WVA is one of the redist States in the country. When he stopped the $3 Trillion insanity, he did something good and conservates applauded that.

When Manchin does something stupid (i.e. goes along with the Dem/Soc agenda, he is not doing the bidding of the majority of the voters in WVA. Conservative will naturally criticize him.
I'll tell you what's hard to follow: your incomprehensible spelling.

1. It's "reddest," not "redist."
2. It's "conservatives," not "conservates" or (when used in the plural sense) "conservative."

Holy shiat ...
 

Dzapper

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May 5, 2019
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I'll tell you what's hard to follow: your incomprehensible spelling.

1. It's "reddest," not "redist."
2. It's "conservatives," not "conservates" or (when used in the plural sense) "conservative."

Holy shiat ...
OMG, typos and misspellings!!!! All in the same post!! Oh, the humanity!!

Clearly there can be no truth in a post like that.......Leftist logic, gotta love it....

Fat man scores bigly with pedantic deflection.....good work, Chubby...
 
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NJPSU

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May 29, 2001
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Was there ever any doubt about this?

I saw an article yesterday that the former Facebook or Google CTO is going into "Climate Change".
Why do you think that is? Because he wants to save the world? F-no. It's because that's where the biggest money is available.

There is no other industry in the world right now where billions of dollars are being spent with ZERO requirement for production. It's the most elitist thing for elitists.

$400bln of unnecessary spending during a period with rampant inflation. It's all kickbacks. We are creating a new uber elite not so dissimilar to what occurred in the former Soviet Union. They control the money they control the laws.

It's OK with fools like NJ. They gladly gave up their voting rights because they think some minority wasn't allowed to vote in some state they never visited.

LdN
I’m always on your mind. :cool:
 

NJPSU

Well-Known Member
May 29, 2001
44,868
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Business taxes. The centerpiece of the package’s revenue raisers is a 15 percent minimum tax on the income large corporations report to their shareholders.​
Love this. CEO’s have an incentive to maximize shareholder value which generally means reporting the highest possible earnings to the Street. They also strategize to pay least amount of corporate taxes as legally possible. Now these two driving forces could be at odds with each other. Brilliant.
 

Lion8286

Well-Known Member
Sep 1, 2008
16,219
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I'll tell you what's hard to follow: your incomprehensible spelling.

1. It's "reddest," not "redist."
2. It's "conservatives," not "conservates" or (when used in the plural sense) "conservative."

Holy shiat ...

Showing off that cal law school education again, Laffy.
 

royboy

Well-Known Member
Nov 9, 2001
46,875
32,379
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Lewisville, NC
Was there ever any doubt about this?

I saw an article yesterday that the former Facebook or Google CTO is going into "Climate Change".
Why do you think that is? Because he wants to save the world? F-no. It's because that's where the biggest money is available.

There is no other industry in the world right now where billions of dollars are being spent with ZERO requirement for production. It's the most elitist thing for elitists.

$400bln of unnecessary spending during a period with rampant inflation. It's all kickbacks. We are creating a new uber elite not so dissimilar to what occurred in the former Soviet Union. They control the money they control the laws.

It's OK with fools like NJ. They gladly gave up their voting rights because they think some minority wasn't allowed to vote in some state they never visited.

LdN
Yeah, money and the lack of accountability for results are huge factors.

So too is the opportunity for big-time virtue signaling. It's We care about the planet, we face an existential threat, we must take action, blah, blah, blah.
 
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Dzapper

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Showing off that cal law school education again, Laffy.
He was just being a Leftie AH. It's who he is and what he does.

He can't answer the substance of posts so he goes with the spell check BS.

He reminds me of the Dustin Hoffman character in the movie "Rainman". He probably sounds like that character too. "You misspelled that word......you misspelled that word.....you misspelled that word".

They used to call people like him "idiot savants". That's a great description of this AH if you dropped the "savant" part.

Definition of idiot savant: a person who is highly knowledgeable about one subject but knows little about anything else​

 

DandyDonII

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Oct 16, 2002
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Manchin is a Dem, he believes in spending for any problem he sees, I get that, and won't blame him for that, he is who he is. I still thank him for helping make sure the that the US did not go so far left that it might not have been able to come back.
 

Dzapper

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May 5, 2019
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Manchin is a Dem, he believes in spending for any problem he sees, I get that, and won't blame him for that, he is who he is. I still thank him for helping make sure the that the US did not go so far left that it might not have been able to come back.
Any Republican Senator from WVA would have done the same thing. And, most likely, they wouldn't side with the Dem/Soc on a number of other issues when some personal advantage could be had for doing so. He's a Dem/Soc from a Republican state and with the narrow margins in the Senate, conservatives need a surer bet than Joe Manchin.
 
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DandyDonII

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Any Republican Senator from WVA would have done the same thing. And, most likely, they wouldn't side with the Dem/Soc on a number of other issues when some personal advantage could be had for doing so. He's a Dem/Soc from a Republican state and with the narrow margins in the Senate, conservatives need a surer bet than Joe Manchin.
agreed, but don't fault the man, he is who he is, a Democrat. Luckily, he isn't a progressive or else these last two years would have gone a lot worse.
 
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KnightWhoSaysNit

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Jul 19, 2010
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The ball carrier is now Sinema.

When Dems tax corporations they are taxing the owners, i.e., shareholders. What they are doing is raiding private savings, just as they did pension and bond holders through negative real interest rates.

Our future is being stolen and redistributed per the leftwing agenda. There is no money for that agenda falling from the sky. Someone has to pay it, and it is certainly not the Pelosi's and Biden's of the world.

One could say that the Dems are just reversing the QE of the past decade that made shareholders wealthy while enabling many to retire. The rub I have is their solution. They spend on the wrong things. This will not help the US economy, and it won't save the planet. It is nothing but more extremely expensive virtue-signaling.
 
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NJPSU

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May 29, 2001
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When Dems tax corporations they are taxing the owners, i.e., shareholders. What they are doing is raiding private savings, just as they did pension and bond holders through negative real interest rates.

Our future is being stolen and redistributed per the leftwing agenda. There is no money for that agenda falling from the sky. Someone has to pay it, and it is certainly not the Pelosi's and Biden's of the world.
Who would you like to pay for the cost of government? You seem to complain no matter what the situation is. You complain if the poor pay through inflation, now you complain if the rich pay through corporate taxation.
 

LafayetteBear

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Dec 1, 2009
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Showing off that cal law school education again, Laffy.
Naw. I learned how to spell those words in elementary school. But I'm glad I was able to contribute to Pandazapper's, and your, education. Life long learning. It's a good thing.