All the news that you might have missed…let’s dive in…
Tax The Rich! Tax The Rich!
I’m not sure when this happened, but a significant number of people are openly socialist, and they are feeling their oats, as they used to say.
This is deeply concerning, as this path has a perfectly dismal record:
What’s concerning is that the “free shit” mentality is great at stoking the class warfare, and will certainly find fertile ground among all the people being ground down daily by all the money printing and government deficit spending, but it entirely misdiagnoses the root causes.
It should be noted that the top 1% already pay more than half of all taxes:
So maybe we don’t have a tax problem, but a spending problem?
If NYC elects Mamdani, we can probably expect the exodus of the rich from NY to pick up its pace:
Grok agrees that the risks to NYC are heavily tilted to the downside:
But one benefit is that we get treated to these glorious Soviet era propaganda posters, which I find I have some nostalgia for:
Of course, Bernie and AOC are all in on the “soak the rich” angle, as it represents the venalest form of political appeal.
We’re at stage 13, seeking to transition back to 14 asap.
This is relevant:
I Don’t Believe You
The US military is claiming that it lost two aircraft for entirely unrelated and non-hostile reasons within a half hour of each other somewhere in the South China Sea:
The idea of some sort of electronic warfare/jamming seems a tad more likely:
If this was due to something China did, the last organization on earth to admit that will be the US military, for obvious reasons.
by cmartenson 
