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The New Jersey suckers May 16, 2018

Posted by hslu in 美國, Economics, Politics, Taxes.
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Hello, the NJ suckers, be ready for more illegal immigrants flocking to the great State of New Jersey.

Why?

Your state representatives want the illegals so badly that they are spending your money freely to secure Latino’s votes for their re-elections.

I don’t know the logic behind this piece of legislation signed by the governor of New Jersey. New Jersey already has one of the highest taxes, highest debt obligations and largest exdous of people to the other states in the United States.

Free tuitions may not sound much, but be worry about what they will bring in a few years.

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Trump/GOP tax increase: got rid of lots deductions April 21, 2018

Posted by hslu in Congress, 特朗普, 美國, Taxes, Trump.
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The GOP tax overhaul took away a bunch of deductions available to Americans

http://flip.it/lDukar

In essense, the Trump/GOP tax reform fooled you to think that you’ve got a tax cut.

By getting rid of many misc. deductions for tax year 2018, you maybe paying more tax instead. You’ll find out next April.

Little by little, the Congress will suck you dry.

Standard deduction, here I come March 22, 2018

Posted by hslu in Taxes.
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The Effect of the New Tax Bill on Itemized Deductions

http://flip.it/aPec8G

Source: Flipboard

After taking itemized deductions for the past 30+ years, I will take the standard deduction for the first time on my 2017 tax return.

Another one of my life’s turning points.

Lies, lies & more lies. Cuts, cuts & more cuts. February 17, 2018

Posted by hslu in Congress, 特朗普, 美國, Election, Health Insurance, Taxes, Trump, US Government, 川普.
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The big cuts are coming!The big cuts are coming! And Trump and the Congress don’t give it a damn of what you think or feel. Campaign promises? They are meant to be broken after the election.

Source: Flipboard

Americans are the most gullible ones when it comes to their politicians.

They hate the Congress but keep sending the same representatives and senators back to DC. They filled the White House with liars after liars because they believe all the lies presidential candidates told them on the campaign trail, just to break all of them once in the office.

When Trump was asking your votes, he promised to“save Medicare, Medicaid and Social Security without cuts.”

Trump’s 2018 budget calls for cuts on all three programs and the congressional GOP also tried to cut $1 trillion from Medicare and about half a trillion from Medicaid. Here are the proposed cuts from Trump’s “An American Budget: Major Savings and Reforms”:

  1. Cutting Medicare by $266 billion.
  2. Cutting Medicaid by $1.1 trillion.
  3. Cutting Social Security by $72 billion.

So, all sinile and age challenged Americans, brace yourself for what is coming to you. Hospitals will get reduced payments from the Medicare too. Medicaid will see the biggest cut totaling $1.1 trillion over 10 years.

Additionally, Supplemental Security Income programs and Social Security Disability Insurance programs will see $72 billion cuts too.

You see, there is no place for you to hide no matter where you are in the system. Your medical benefits will be cut. Your doctor’s visits will be

Structural Shift February 10, 2018

Posted by hslu in Congress, 特朗普, 石油, 美國, Debt and deficit, Economics, Election, Energy, Stocks, Taxes, Trump, U.S. dollar, 川普.
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What structural shift are we talking about?

The “structural” part of the shift is the fundamental change of the economy bought to you by none other than Trump and the Republicans. While we are at it, let’s add the inept Democrats to that bunch too because they are equally guilty for acting like a whole bunch of chickens without heads.

In a growing U.S. economy and the synchronized recovery of the world economies, as well as almost full employment of around 4% in the U.S., Trump and the Republicans passed “the biggest tax reforms in American history according to Trump ” without finding a way to pay for the massive tax cut for the riches. It simply is insane because of significant damages it will eventually bring to the masses.

Why did they do it?

Because the mid-term election is coming in 11 months. They congressional Republicans are fearful of losing their congressional seats and the majority of both houses.

The structural change is what the financial market is reacting to this week when the Dow took a fast elevator down to the basement of the correction territory: the dreaded inflation is just around the corner as indicated by the chart below.

Source: Federal Reserve

The tax cut at full employment doesn’t make economic sense because it clearly is inflationary. The bond market knows it because a massive amount of federal government borrowing in the amount of additional $500 billion a year will hit the Bond market soon.

The stock market is equally uncomfortable with the higher rate environment and crumbles under the weight of extended valuation.

The structural shift is important for the financial market at this juncture because a re-pricing of all financial instruments will take place in the months and quarters ahead.

Treasury and corporate bonds will drop. Stock market will correct to bring its valuation to a reasonable level. High yield bonds will tank. Housing prices will drop as mortgage loans demands wane. Commodity prices will decrease as US dollar strengthens. Interest payments on US national debt will rise as deficit grows to ~$1 trillion annually, or about 5% of the US GDP.

In short, the structural shift will shrink personal wealth as inflation bites.

Republican Party: shame on you January 1, 2018

Posted by hslu in Congress, 美國, Debt and deficit, Politics, Taxes, Trump, 川普.
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When Republicans in the Congress gave the top 1%, Trump, Trump’s rich friends and corporate interests one of the largest tax cuts in the history at the expenses of the common people, they said nothing about the $1.5 trillion debt they have created in the process.

Now, with 2018 comes along, Republicans all the sudden flip sides and become fisical conservatives when it comes to the 2018 federal budgets.

What a bunch of hyprocrites!

Didn’t some general said that WWIII is coming a few weeks ago?

Hmmm, that means more money for the military to buy more guns, fighter jets, missiles and aircraft carriers.

And The Wall. The beautiful $40 billion Wall.

From this

To this:

Well, time to cut social security benefits, Medicare, Medicaid, food stamps and education. Again.

Well, politicians are nothings but jokes no matter they come in red or blue. They are all liars.

Americans (voters) are so gullible and stupid that they keep sending these same red and blue flip-floppers back to Washington D.C. year after year while giving their kids and grandkids a bigger and bigger debt year after year.

腦殘。白痴。

公說公有理,婆說婆有理 December 3, 2017

Posted by hslu in Congress, 美國, Economics, Election, Taxes, Trump, US Government.
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This is the oroblem with economics: no one has any clue as to what’s going to happen in ten years with the new tax reform bill.

Democrats say: $500 billion, $1 trillion or $1.5 trillion deficit added to the national debt in 10 years with the rob-the-poor-and-soak-the-rich tax plan.

Republicans say: revenue neutral, beyond revenue neutral or 3+% annual GDP growth from the historical and boldest re-write of the tax code ever.

The schmos: Is there anything we can do?

Trump: Four more years! Four more years!

National Debt:

@ 2017/12/03, 20:10:28

Terrain Denial Sorties November 29, 2017

Posted by hslu in 美國, Economics, Islam, Middle East, Military, Muslim, Taxes, U.S. Foreign Policy, US Government.
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Have you heard of this? 

Probably not. Read on to find out more.

B-52s Are Dropping Hundreds of Dumb Bombs in Afghanistan to Literally Shape the Terrain

http://flip.it/fX0A6_

This is what U.S. is doing in Afghanistan. Basically it is a very expensive remote landscaping operation w/o using any Latinos. No wonder Trump and Republicans want more money for defense. 

Latinos can be picked up at Home Depot parking lot to do odd jobs for you at $120/day. These 500-lb bombs cost $25,00+ a piece.

Source: Quora

Here are the numbers for FY2018 defense budget:

1.   The base budget for DoD is $574.5 billion. 

2.   The Overseas Contingency Operations budget, a fancy name for fighting the ISIS, is $64.6 billion.

3.   Other agencies related to the protection of the nation is $173 billion: VA, the State Dept., Homeland security, FBI and the National Nuclear Security Administration, etc.

4.   $12 billion in OCO funds for the Homeland Security to fight ISIS.

Total for defense related budget: $824.6 billion. It is the second largest spending item after Social Security which costs tax payers ~$1 trillion.


Trump and Mohammed bin Salman November 19, 2017

Posted by hslu in 石油, 美國, Energy, Global Affair, Islam, Middle East, Muslim, Obama, Taiwan, Taxes, Trump, U.S. Foreign Policy, 川普.
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Trump has unleashed the Saudi Arabia we always wanted — and feared

http://flip.it/nNbGLY

Trump’s first foreign trip after his inauguration was to Saudi Arabia. 

Why?

What did his advisors tell him? 

What would he gain by talking to Mohammed bin Salman other than undo what Obama did to the Middle East before him?

Did he really think that he can make his mark in history with peace agreements between the enemies in the Middle East?

Did he try to lend legitimacy to a young and untested Saudi prince who requested the meeting in the first place?

Did Trump believe that Saudi Arabia might be on the cusp of forming an alliance with Russia to dominate the world oil market?

Did Trump want to tell the prince in person that America will no longer insert itself in any future Middle East conflict because Saudi is a big boy who should handle itself like a grown man instead of hiding behind the U.S.?

Did Trump just want to be bold,  unpredictable and keep people guessing?

Or mabe Trump want to check out Saudi’s golden toilet?

名嘴和美國政治 October 15, 2017

Posted by hslu in Congress, 美國, Democracy, Election, Globlization, Islam, Liberal Media, Middle East, Muslim, Politics, Racial Bias, Russia, Taxes, Trump, U.S. Foreign Policy, US Government, 川普.
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臺灣的政治,社會的輿論,人民的想法和朝代(中央和地方)的變遷被電視上的名嘴操縱,掌控。這些人爲他們的政治理念在電視臺的節目中大放厥詞,打擊政府,攻擊個人,企圖左右地方和中央選舉的結果。無知的百姓很容易被這些人影響,而政府的政策就被這些人綁架了。

美國一樣也有名嘴:無線電臺保守派政治論壇節目主持人(在過去,自由派的政治論壇節目幾乎沒辦法生存),電視臺新聞節目主持人,週末和夜晚新聞節目的主持人和網路上保守派,激進派和自由派的護衛者。

Steve Bannon (班農) 就是一個典型的例子。

他說話頭頭是道,口無遮攔,極會罵人。他對美國在世界上的霸權有無比堅定的信念。他堅絕反對貿易全球化,反伊朗,反蘇俄,反北韓,反中國,反歐盟,反美國的盟友用美國錢。他主張在邊界築圍牆把中南美洲的違法移民擋在牆外。他反對有些穆斯林國家的阿拉伯人來美國,厭惡共和黨中反對川普的參議員和眾議員,反對現有的共和黨體系,也強烈的反民主黨的政治立場。

他在川普的小圈圈裏位高權重,深得川普長久的信任。可是在川普進白宮以後,他跟川普的女兒,女婿和其他顧問,部長不和,最後不得以被川普解僱。可是他在無官一身輕的情況之下,威脅共和黨參,眾議員,打擊在明年美期中要競選連任的議員。

其實,他威脅現任參議院首領 McMconnell,和即將退休的參議員 Corker 的真正目的,是恐嚇其他共和黨參議員,要他們三緘其口,不可以公開批評或反對川普,要這些人爲共和黨和川普推行的稅改政策投下贊成的一票。

現在,共和黨的52個參議員中只有三,四個參議員敢對川普和共和黨的稅改提案有任何異議。他們也極有可能會投反對票。除了 Corker 和生癌症的 McCain  以外,川普還需要擔心緬因州的 Collins 和阿拉斯加的 Murkowski 參議員很可能會反對共和黨和稅改政策。

川普知道這個道理。班農當然也知道這個道理。所以,班農的責任就是儘量打擊 McConnell 和 Corker,殺一儆百,告訴其他的共和黨參議員,你們最好乖乖的通過共和黨提出來的稅改政策,不然下一個目標就是反對稅改政策的共和黨參議員了。

共和黨在美國的眾議院有壓倒的多數,許多眾議員也不敢公開反對川普,因為川普的鐵票可能高達 30%,甚至 35% 的選民。如果眾議員公開反對川普,那他們競選得連任的機會就不大了。

這是美國民主政治黑暗的一面。許多中國人,尤其是年輕的中國人,包括臺灣的年輕人在內,以為美國的民主政治是世界上至高無上,最純潔,最公平的治國標準。沒人一票多麼神聖阿! 他們那裏知道美國的民主政治實際上早就被有錢人和有特殊要求的團體綁架了。

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