Let Them Eat Cake

Two days ago, I was worried that Biden was nationalizing the banks. Nope. The reality is even worse. The Biden administration is only ensuring that depositors who support the Democrats are being bailed out. The rest of America can just fuck right off, as far as this administration is concerned. Janet Yellen announced that the Treasury will NOT be bailing out large depositors in any banks that collapse in the future. This is causing a MASSIVE run on small and mid sized banks as depositors rush to get their money out and into larger banks like Chase, BoA, and Wells Fargo, while simultaneously causing stock holders in the banking industry to sell their holdings like they are worthless, which they soon will be. What you are seeing is the early stages of the destruction of the US banking sector.

What makes this even scarier is when you ask yourself why they are doing this? It’s almost like it is deliberate, and it’s also as if the Democrats aren’t worried about consequences. The last time the Democrats acted so unconcerned, they stole the 2020 election.

Even scarier is that it’s happening everywhere, not just the USA.

School Boards Oppose the Will of the Voters

A Nebraska school board voted to allow people with mental problems to compete as whatever they claim to be, despite the fact that parents who were at the meeting overwhelmingly opposed the measure.

Meanwhile, this dad was banned from his daughter’s school for taking a picture of her tranny teacher and posting it on Social Media. I guess only the left is allowed to use public shaming. So the Dad appeared at a school board meeting dressed as a Roman and said, “Hi, I am Julius Cesar. I am also a woman. Now who believes me? Of course, no one will believe that I am actually Julius Cesar, because I am obviously not, even though I claim to be, but many of you would believe that I am a woman, simply because I say I am. That is insanity. Your duty is to act in the best interest of children. It is to teach truth, not lies. Facts, not fiction. Biology, not a social agenda.”

I agree. I leave you with this:

  • Let’s say that I believe myself to be a gorilla. No matter how strongly I believe it, I am still not a gorilla.
  • Let’s say that I take pills to make myself grow more hair to look more like a gorilla. I am still not a gorilla.
  • If I hire a surgeon to perform an operation to make myself look more like a gorilla, I am still not a gorilla.
  • If I get a million people to say that I can be whatever I identify myself as, and declare than I am a gorilla, I am still not a gorilla.

If I were to believe myself to be a gorilla and took the steps above, people would say I am delusional.

Why doesn’t the same thing go for trannies? Just because you think that you are a woman doesn’t make you a woman, it makes you delusional. I will not play into your delusions.

On Crisis Actors

There are people who claim that every event that happens involved government sponsored performance art, where the entire event was played out using “crisis actors” with the entire thing being scripted and the same actors being used time and time again. Everything from 9-11, to Sandy Hook, to J6 was played out and no one was actually hurt.

I don’t believe it, for a couple of reasons.

1 It would require that hundreds of people including the actors, stunt men, director, camera guys, script writers, and others be able to keep a secret. It’s much more likely and plausible for a dozen or so rabble rousers to be seeded into the J6 crowd for a willing press to film. The press wouldn’t even have to be in on it, because they will naturally gravitate to the most obvious acts of violence, what with their “if it bleeds, it leads” mentality.

2 It really does do a disservice to those who were killed, from Ashli Babbitt to the kids at Uvalde for us to claim that they were not really killed.

3 The “crisis actor” theory supposes that the government cares about “breaking a few eggs” and would rather use actors than simply allow events to transpire.

More likely is a government that is at times incompetent, other times unscrupulous, ruthless, and uncaring. It only requires that there be a relative few people in the government who want more power and aren’t willing to sacrifice some people in order to make it happen.

So ask yourself- what’s easier, more convenient, and easier to hide:

  • Allow bad events to go down, some even prodded along with a few agents provocateur, or
  • Script major events and use cast and crew in the hundreds to fake an entire event.

I know where my money lies.

Defensive Shooting?

In the Florida retirement community of the Villages, there was a defensive shooting at an Applebee’s restaurant early on Tuesday morning. Details are sketchy, but the story seems to be that it was a defensive shooting. The story is that there was some sort of an altercation outside the restaurant, possibly involving shots fired. One of those involved in the altercation entered Applebee’s restaurant through a side employees-only door after the restaurant had closed. Another man already in the restaurant, who was waiting for an employee to get off duty and has a concealed weapons permit was armed and shot the man who entered the restaurant. The man, who was shot three times, died at the scene.

The decedent, has not yet been identified. Police are attempting to determine his identity using a fingerprint scanner. Police have not released additional details about either altercation: the initial gunshots heard outside the restaurant, nor the shooting inside of the restaurant. There is also no information regarding potential arrests in either case.

Has It Been That Long?

40 years ago this week, the final episode of MASH aired. It was the most watched television episode of all times (not counting sporting or news events) in the United States. That list includes:

  1. Final episode of MASH, 106 million viewers
  2. The Day After, and Episode 8 of Roots, 100 million viewers (tie)

I don’t count sporting events because 23 of the top 30 watched television events were sports: 22 Super Bowls, and one Boxing match (Spinks v. Ali). Four of them were news events: Apollo 11 moon landing, Nixon’s resignation speech, the Simpson low speed chase, and Disneyland’s opening.

Still, 40 years? I remember seeing it (vaguely). Man, I’m getting old.

Answer to Tax Question

After being passed from one tax attorney to the other, I finally decided to talk to a CPA that I was using a few years ago. Here is what she said:

You are on the right track with wanting to preserve the appreciation without incurring tax upon eventual sale. I encourage you to get the appraisal as planned, but you do not have to go to the effort and cost of selling the home to an S corp to retain the tax exclusion. Upon conversion to a rental property, the fair market value becomes the cost basis for the rental. Later upon sale of the rental property gain will be calculated as follows: Sale Proceeds LESS Closing Costs LESS Adjusted Cost (Appraised Value when converted to rental LESS annual depreciation expensed)

So there is my answer. She may be wrong, but if the IRS disagrees, the use of a professional insulates me from any claims of tax evasion. That’s why I pay a CPA $175 an hour to do my taxes.

So it looks like we will do a quitclaim to an LLC. That makes things easier than dealing with an S corp.