In an interview with the New York Times, Michigan Senator Debbie Stabenow indicated that she doesn’t fully understand the EV subsidy provisions of the Inflation Reduction Act she voted to support. That’s understandable because the legislation is deftly written so that Ford, GM, and other automakers can circumvent the spirit and intent of the bill’s U.S. battery sourcing requirements.
Heroism is often demonstrated in unlikely places by unknown people whose efforts will never be publicly known or appreciated. I’m moved by the confidential informant who prevented Iran’s planned assassination of former Trump aide John Bolton and the Federal Reserve economist who couldn’t be strong armed by China.
“Until the average American realizes that capitalism damages her livelihood while augmenting the livelihoods of the wealthy, the Almighty Dollar will continue to rule.”
Does this sentiment seem consistent with a Democratic Senator who singlehandedly protected super wealthy private equity partners and investment money managers from losing a tax loophole that saves them tens of millions of dollars in taxes?
Allow me to introduce you to Arizona’s Kyrsten Sinema, easily among the most enigmatic persons ever elected to Congress, and the Senator of choice for more than 50 billionaires, only one of whom lives in the Grand Canyon State.
The proposed Inflation Reduction Act concocted by Senate Democrats is shameful public policy that incentivizes GM and Ford to continue building in Mexico their highly profitable luxury electric vehicles most Americans can’t afford. The bill also disfavors GM and Ford competitors who build better and more reliable EVs.
Adding insult to injury, the proposed bill allows private equity billionaires to maintain an obscene tax break that even Bill Ackman has publicly called “a stain on the tax code.”
Americans were once famed for a “rugged individualism” so fierce it sparked a revolution. The defiant spirit has diminished over the centuries, but hopefully there are still Americans with some fight in them.
In the tradition of the Massachusetts colonists responsible for the “Boston Tea Party” protesting taxation tyranny, here’s how to oppose the tyranny of the U.S. airline cartel and make Delta, United, and American feel some real financial pain while lining your pockets with extra cash.
Dr. Mary Talley Bowden, the maligned ENT doc who refused to be bullied into abandoning a Covid treatment protocol she insists was responsible for keeping some 4,000 patients out of the hospital, filed a defamation lawsuit this week against Houston Medical, one of the most powerful institutions in Texas. At stake is not only Bowden’s reputation, but that of America’s medical establishment.
Amazon’s acquisition of One Medical primary care clinics this week marked another dark moment in the ongoing decline of U.S. healthcare. Consumers who are fed up with the dismal state of U.S. airlines would be wise to heed this warning.