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SCOUTING REPORT

Of Taxes, Elections, and Pharma Desperation

Either Biden’s poll numbers really suck, or Team Biden has entirely lost the plot line connecting them to reality. Whatever the cause, if adopted the new proposals out of the White House will crater investment, stoke fear in Biden’s political enemies and destroy prosperity.

user profile picture Chris Martenson Apr 24, 2024
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While you and I try to catch our breath from the accelerating madness, Team Biden is busy pushing one prosperity-ruining idea after another.  Are they simply mad, or is this a sign of their complete inability to connect their sinking poll numbers with their prior ruinous actions?

Today we got a two-fer!

Team Biden proposed cranking the capital gains tax rate up by a truly stunning 20% to an all-time high of 44.6% AND the proposed calling the climate a ‘crisis’ allowing them to slip off the gloves and invoke roughly ~60 dictatorial powers.

Rest assured, these powers will not be used to jail political enemies, shut down small businesses in a targeted fashion, or prevent people from traveling without a special digital passport.  Such actions are definitely not a thing this administration would resort to.

/sarcasm off

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