Thursday, June 29, 2023



The allure of surgically enlarged breasts

Below is an example of it. I am not at all immune from finding larger breasts attractive. I like a D cup presence as much as any man. But the amazing thing is that enlarged breasts are still acclaimed when blind Freddy can tell they are not natural. Normal breasts are NOT hemispherical

I did once have a girlfriend who went from B to DD and I did like it at first but it ceased to excite me after a while. Focusing on the breasts tended to distract from focusing on the person and feelings about our relationship. The balance was all wrong. My girlfriend these days naturally takes a 12C bra, which I find entirely satisfactory


image from https://i.dailymail.co.uk/1s/2023/06/23/21/72473521-12228353-image-a-38_1687552192531.jpg

Ekin-Su Culculoglu turned up the heat in a distressed denim mini-skirt and low-cut dusky pink crop top in east London on Friday.

The Love Island star, 28, flaunted her perfect curves as she attended loungewear brand Blakely's store opening in Stratford's Westfields shopping centre.

Ekin-Su ensured all eyes were on her as her ample cleavage and toned stomach were on full display in the summery ensemble.

The TV personality also made sure to flaunt her endless legs in the super short skirt.

She added inches to her frame with a pair of cream heeled shin-high boots.

Ekin-Su finished off the outfit with a black leather Louis Vuitton handbag.

***********************************************

Norway Has a Message for Democrats Pushing a Wealth Tax

With a higher wealth tax hitting, Norway’s rich are abandoning the Land of the Midnight Sun for countries that allow them to keep more of what they earn, a warning to the Democratic senator from Massachusetts, Elizabeth Warren, as she drums up support for her Ultra-Millionaire’s Tax.

“A small tax on the great fortunes of more than $50 million,” Ms. Warren says, “can bring in nearly $4 trillion to rebuild America’s middle class.” The operative word is “can,” as human beings are dynamic and react to factors such as a higher cost of living.

Norway is learning this lesson the hard way. It is one of the few nations in the Organization for Economic Co-operation and Development that taxes not just income but net wealth. Its Labor Party increased the bite that the government takes out of nest eggs. Now the golden geese are roosting elsewhere.

The third-largest newspaper in Norway, Dagens Naeringsliv, found that more than 30 Norwegian multimillionaires and billionaires pulled up stakes last year, more than in the previous thirteen years combined.

“Even more super-rich individuals are expected to leave this year because of the increase in wealth tax in November,” reports the Guardian’s wealth correspondent, Rupert Neate, “costing the government tens of millions in lost tax receipts.”

Norway’s fourth-richest person and its highest taxed last year, Kjell Inge Røkke, relocated to Lugano, Switzerland, taking his $1.9 billion fortune with him. The move will allow him to keep $16.3 million each year and change the calculus of Oslo’s government.

Mr. Røkke’s open letter explaining his flight to the Alps from the fjords illustrated the fact that people and capital are more mobile than ever. While the city across the Italian border “is neither the cheapest nor has the lowest taxes,” he said, it has “a central location in Europe” and “for those close to the company and to me, I am just a click away.”

Like Ms. Warren’s “small tax,” the Norwegian increase sounds tiny, a 0.1 percent hike on the old top state bracket of 0.3 percent, which is combined with the 0.7 percent municipal tax rate for a maximum bill equaling 1.1 percent of an earner’s net worth.

The municipal wealth tax rate applies to single taxpayers with assets of $158,000 and $316,000 for married couples and the state rate — with the new, higher bracket — to net worths of $1.8 million and $7.4 million for single and married citizens respectively, the figures converted from Norwegian Kroner.

Those aren’t the “great fortunes” Ms. Warren and others describe when pitching their tax hikes, yet those citizens and others making even less are now left to pick up the slack for earners who fled. A projected increase in tax receipts on paper is now projected to bring in about 40 percent less in practice.

“The recent wealth tax increase in Norway was expected to bring an additional $146M in yearly tax revenue,” a management advisor and author, Luca Dellanna, tweeted. “Instead, an estimated $54B-worth of ultra-rich left the country, leading to a lost $594M in yearly wealth tax revenue, a net decrease of $448M.”

Norway’s pursuit of class warfare over common sense recalls many similar examples, the most infamous being the 10 percent luxury tax on yachts, private planes, and scores of other items, part of the 1990 budget deal championed by Massachusetts’ Democratic senator, Edward Kennedy.

Congress estimated that $31 million would gush into the Treasury. The actual sum was half that, not to mention losses when boatbuilders were forced to fire thousands and file for bankruptcy as customers shopped — and paid taxes — elsewhere, turning America from a net exporter of yachts into a net importer.

In 2003, the Democratic congressman from Rhode Island, Patrick Kennedy, sought to rescue the industry from his father’s legacy with a subsidy he called “exactly the opposite of a luxury tax,” but damage done by government is not so easily undone by it.

Democrats like Ms. Warren often cite Scandinavian countries as roadmaps for America’s path to a socialist utopia. On the wealth tax, Norway is flashing a stoplight, warning that you can only tax golden geese so much before they fly away, taking their golden eggs with them.

*******************************************************

'F*** them': Bill Maher denounces the liberal media for routinely attacking RFK Jr., whom 80% of Democratic voters want to see debate Biden

Bill Maher raged against the Democratic establishment and its allies in the liberal media Sunday for ongoing efforts to assassinate the character of presidential candidate Robert F. Kennedy Jr., whom President Joe Biden is unwilling to debate.

"I want to take issue with the media because it incenses me how they write about you," Maher told Kennedy on the Sunday episode of his "Club Random Podcast."

The comedian zeroed in on a recent New York Times article entitled "Robert Kennedy Jr., With Musk, Pushes Right-Wing Ideas and Misinformation," stressing it had been presented as news contra opinion despite amounting to a hodgepodge of subjective claims and skewed characterizations.

"Right away, I'm pissed off because 'misinformation'? ... How about you're the newspaper, just tell me what he said and I'll decide what's misinformation," said Maher. "This arrogance of 'We know what the misinformation is about science.'"

"Whose misinformation? Because I seem to remember washing the mail for three days for about six months before they said, 'Oh, we got that wrong,'" said Maher, alluding to junk science peddled by the Times at the outset of the pandemic.

Maher then quoted a portion of the following from the Times piece: "Mr. Kennedy, 69, is a longtime amplifier and propagator of baseless theories, beginning nearly two decades ago with his skepticism about the result of the 2004 presidential election as well as common childhood vaccines. His audience for such misinformation ballooned during the coronavirus pandemic."

"This f***ing pisses me off," repeated the comedian.

After casting doubt on various assertions made in the article, Maher explained that it had been worth it, taking a closer look at the hit piece, because "they deserve richly to be mocked for that attitude. I just do not like the attitude," adding, "F*** them."

Certain that RFK Jr. will continue being misrepresented in the media, especially because the presidential candidate's views are relatively complex and not always easily reduced to sound bites, Maher stressed the need for Kennedy to publicly clarify his views for the benefit of prospective voters — possibly in a debate.

"Who do you think I'm going to debate?" Kennedy asked Maher.

"Well, if you're in the Democratic primary, you're going to debate Joe Biden," answered Maher.

The seasoned lawyer did not appear convinced, responding, "You think Joe Biden will ever debate me?"

A defeated Maher said, "Yeah, that's a good point."

Kennedy challenged Biden to a debate in April, writing, "I have known and liked Joe Biden for many years, but we differ profoundly on fundamental issues such as corporate influence in government, censorship, civil liberties, poverty, corruption, and war policy, among others. I look forward to engaging him in debates and town hall meetings, in a primary election that is honest, civil, and transparent. I invite him into a new era of respectful dialog in these times of division."

Kennedy told CNN's Michael Smerconish in late April that, "When you have so many Americans who are concerned about election integrity, we should be doing everything we can in our party to show that, you know, this is not rigged, rigged system. That it is actually democracy … people can run and that they can get to debate and that the public is gonna be able to see them, and they’re doing kind of the opposite."

A spokesman for the Kennedy campaign said, "Of course, there should be debates in a democratic system as a way to help voters choose the candidate that best represents their views. ... Debates can also help voters evaluate a candidate’s character."

A USA Today/Suffolk University poll revealed earlier this month that eight in 10 Democratic primary voters want to see a series of Democratic debates during the 2024 campaign, including 72% of Biden supporters.

Notwithstanding Biden's sense that "we can't take democracy for granted any longer," the president, netting a majoritively negative approval rating, is not interested in debating the issues per the wishes of the demos, and the Democratic National Committee will not sponsor any debates.

David Paleologos, director of Suffolk's Political Research Center, indicated that the "decision not to debate is ignoring the 82% of women, 84% of union households, 86% of independents, and 90% of young voters who are not only planning to vote in their state's Democratic primary or caucus next year but also would like to see a series of Democratic primary debates."

It appears that Biden allies, aware that the president's speechwriters and staff already have their hands full "embracing" his mental deterioration, are not overly keen on exposing the octogenarian to unscripted conversation and greater scrutiny.

Jim Kessler, a Democratic operative and executive vice president of policy at the think tank Third Way, told The Hill Biden should not debate Kennedy and Marianne Williamson.

"They are both gadflies who have done nothing to earn the right to debate a sitting president in an otherwise uncontested primary," said Kessler. "You have to earn your way to the debate stage."

Charlotte Clymer, a Democratic strategist supporting Biden, said, "Yes, I think presidential debates between qualified people, made in good faith, are only beneficial for democracy. A net good. ... But President Biden’s current opponents are neither qualified nor running in good faith," adding "RFK Jr. is a f***ing clown, full stop."

The Hill indicated that Democrats especially do not want dissenting opinions on COVID-19 vaccines, the Russia-Ukraine war, or other pressing topics elevated.

Nina Turner, former elected official from Ohio and co-chair on Sen. Bernie Sanders' most recent failed presidential campaign, told The Hill, "Biden risks being exposed for his administration not doing much to change the material conditions of everyday people in this country. ... He would be forced to answer to the hypocrisy of the Democratic Party."

Numerous liberal journalists and pundits have also recently argued on Biden's behalf against the free exchange of ideas on the national stage.

Esquire magazine's Charles Pierce begged earlier this month, "For the love of god, please stop trying to make this happen."

Farhad Manjoo of the New York Times insinuated that the best way for Biden to win an argument with Kennedy is to avoid the argument altogether.

"You can come armed with all the facts in the world, but when you’re dealing with a conspiracist, there's no real way to 'win' an argument," wrote Manjoo.

Manjoo went on to commend vaccine-promoter Peter Hotez for similarly cowering when presented with the opportunity to defend his position — a refusal that amounted to Hotez's denial of $2.6 million to the charity of his own choosing.

****************************************************

President Biden’s Inflation Malarkey

President Biden took to the pages of the Wall Street Journal to defend his economic record. He claims that “as supply chains continue to unsnarl, company profit margins fall from historically high levels, and rents continue to moderate, inflation should decline further, creating more breathing room for working families.” There’s an implicit theory of inflation here—but not a good one.

The President believes in cost-push inflation: Rising prices resulting from transportation and shipping difficulties, as well as greedy corporations and landlords, cause the dollar to depreciate. He’s got it exactly backwards. Dollar depreciation is why prices are rising. The Fed’s monetary policy, aided and abetted by the President’s and Congress’s massive deficits, are the real cause. It’s old-fashioned, aggregate demand-driven inflation. By greenlighting excessive spending, which the Fed felt compelled to underwrite, the President is complicit in it.

Let’s tackle the three parts of the President’s explanation. Supply chain problems seem a likely cause of inflation. After all, as bottlenecks develop, prices rise. But what goes up must come down. COVID-induced bottlenecks have largely passed, and the relevant prices have accordingly fallen. Yet consumer prices overall have not fallen. The theory predicts deflation, when instead we’re experiencing disinflation. Strike one.

Next, the President blames corporate profits. Supposedly profit-hungry corporations are using their market power to hike prices. This “greedflation” hypothesis is very popular. It’s also astonishingly easy to disprove. Basic economic theory tells us that if firms are profit-maximizers, they can’t pass on the full value of cost markups to consumers. In fact, as costs rise, the markup falls. This is devastating for greedflation partisans because it uses the assumption of greed (profit maximization) to show the postulated conclusion (inflation) cannot follow. The most you can get is a one-time price increase, one that is smaller than the increase in business costs—and with reduced profit margins, besides. Strike two.

What about rents? Rent is a major part of consumer spending, and it’s certainly going up. But from 2020 to 2022, it’s only rarely risen faster than inflation (and even then, only if you parse the data in a certain way). If a particular component of consumer spending were behind surging prices, you’d expect that component to be larger than average, pulling inflation up. Not so in this case. Furthermore, there’s a conceptual confusion here. Inflation can cause rents to rise, but supply and demand in housing markets can, too. What we’re seeing is likely microeconomic forces in a particular segment of the economy, rather than a general macroeconomic trend. Strike three.

President Biden misses the obvious cause: massive monetary stimulus by the Fed during the COVID years. From January 2020 to 2022, the monetary base and M2 money supply rose 59 percent and 38 percent, respectively. The federal government also ran massive deficits over those years. COVID spending in excess of revenues was $6 trillion; $3.3 trillion of the resulting government bonds ended up on the Fed’s balance sheet. That means the central bank monetized more than half the deficit.

President Biden famously scoffed that “Milton Friedman isn’t running the show anymore.” The President can gripe about the great monetarist and Nobel laureate all he likes, but he can’t escape the implications of Friedman’s argument. Since inflation is a monetary phenomenon, the government’s excessive money-fueled spending is to blame.

****************************************

My other blogs. Main ones below:

http://dissectleft.blogspot.com (DISSECTING LEFTISM)

http://edwatch.blogspot.com (EDUCATION WATCH)

http://antigreen.blogspot.com (GREENIE WATCH)

http://australian-politics.blogspot.com (AUSTRALIAN POLITICS)

http://snorphty.blogspot.com/ (TONGUE-TIED)

http://jonjayray.com/blogall.html More blogs

*****************************************

No comments: