Canadian press says it’s time to eat the family dog, because climate change.
Communism
Because Commies Don’t Understand Economics
Joe Biden wants to give a tax credit to half a million people so they can buy houses in distressed urban, suburban, and rural neighborhoods. This shows a complete lack of understanding how supply and demand works. Even worse, there are Republicans who are buying in to this idiocy.
Let me tell you how this plays out. If you want to skip to the short version, this tax credit will affect the price of homes in the same way that government tax credits and loans have affected college tuition, as well as the way that minimum wage increases and free COVID money affected the price of everything.
Throwing this money at people in the form of a tax credit to encourage home buying didn’t work when it was tried in the 90s, as evidenced by the economic crash of 2010. Throwing money at this simply increases the demand for houses, which at first drives up prices. Then, since this is a one time tax credit, the people who don’t make enough to make the payments get foreclosed on, which causes a ripple effect of other foreclosures and bankruptcies, which increases the supply side and drives down home prices.
Meanwhile, people like me who already own a few homes cash out at the inflated prices and wait for the housing bubble to burst and make a nice profit. I got caught on the bad side of that trade back in 2010 because the housing bubble bursting caused my hours and pay to be cut. This time, I will be ready for it.
Communism
OPM
Whenever I say that we should get rid of government giveaways and welfare programs, I get to hear people tell me how I am heartless and want people to starve, as if the economy is a binary choice between the government doing it, or no one doing it. Read this, and see how kind people can be:
The problem here is that commies aren’t generous. They want the government to take from those who have more than they do, and give it to them. That’s what communism is.
Communism
War Next Door
Venezuela, having used up all of its own resources, is planning to invade neighboring Guyana so they can use up that nation’s oil resources.
Anti American left
Potemkin Village
Communism isn’t communism unless it presents a fake image of success.
Communism
Just to be Clear
Segments of the US government were working with the Chinese government to release a plague that they jointly researched so the rules for elections could be changed to put a Chinese agent in the Whitehouse.
Thus bringing about the end of the United States and catapulting China into the #1 spot. Does that about cover the last three years?
Communism
Next Up- Pets as Food
Chicago will be opening city owned, tax payer funded grocery stores. It will be a commie style bread line. Because grocery chains are fleeing the city due to crime and theft as a result of the fact that no one gets arrested anymore, unless they are protesting Democrat communist rule.
Communism
We Are Right Behind Them
Now that Trudeau has declared price controls for food, anyone who protests him and his decisions gets beaten up by his security detail.
When will this be coming to the US? It looks like we are just a few months behind Canada in the descent into Communism.
Communism
Canada = Communist Dictatorship
Trudeau has given grocery stores in Canada until Thanksgiving to charge whatever prices for food that he deems fair. This is what commies always do-
- enact bad monetary and economic policy that causes shortages
- shortages cause price increases and inflation
- blame businesses for increased prices
- enact price controls, which create more shortages
- businesses stop selling, which creates even more shortages
- people turn to the black market at prices that are even higher
- starving people eat their pets
