Wokenomics: ESG bubble may deflate before it bursts

MKTrader said:
Sure they can. That's a baseless fallacy based on programming, not reality. Just like people accepting Biden doubling the number of Gestapo tax agents instead of Border Patrol. But I'm all for secession. Try a combination of big gov't from the top, coupled with defunded police and anarchy/crime at the local level in collapsing cities, mythical green energy and $10/gallon gas, a $30 minimum wage, exorbitant taxes, a large permanent working class (even for those "unwilling" to work per the New Green Deal's original language), groomers/drag queens sexualizing pre-schoolers and 600 genders, a ridiculous two-tiered justice system with Obama-appointed woke judges more interested in politics and "fighting oppression" than the facts of the case, and a dozen or so other terrible ideas. Just don't depend on the red states for food or energy. Let's see how it goes.
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I didn't think it was Biden's decision to increase the staff of IRS, but if people were honest they would pay their taxes- the shortfall is appalling -only a traitor would dodge taxes. It's not a badge of honour to defraud your neighbour/family.
 
MKTrader said:
No, but obviously you have no counter-arguments so you go with a lame ad hominem. Textbook complicity theorist.
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You are right. Here is how I should have responded initially:

"Everything you write is false. Shouldn't you be posting in the conspiracy sub-thread?"

Is that better?
 
albion said:
You are right. Here is how I should have responded initially:

"Everything you write is false. Shouldn't you be posting in the conspiracy sub-thread?"

Is that better?
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No, because you'd be 100% wrong and dig yourself even deeper into the abyss.
 
Windlesham1 said:
I didn't think it was Biden's decision to increase the staff of IRS, but if people were honest they would pay their taxes- the shortfall is appalling -only a traitor would dodge taxes. It's not a badge of honour to defraud your neighbour/family.
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Defrauding? Do you know how long the U.S. existed before we had an income tax? And at what level the income tax wasn't supposed to exceed when introduced? Any idea how much taxes a productive person pays when you consider taxes on Federal, state, city, county, property, gasoline, alcohol, tobacco, firearms and a host of other things? The ones doing the defrauding are the rent-seeking politicians and bureaucrats who live off our taxes and future debt and produce nothing of value.
 
MK I have no words, but if you want to change it,become a politician. Only a cesspit dwelling snake evades taxes- which pay for a civilised society. In the UK we try to look after the less fortunate. It's flawed but it's human.
 
Canada.... Oh, we are only temporarily doing this income tax thing to support our needed war-effort... everyone needs to pick sides in this war and join in you know?

Fast forward to today... Yeah, about that income tax thing. We've jacked it up so that you lose over half your wages, but we can't stop it now. We've got a growing debt problem here that will take generations to pay off...
 
The_Krakenite said:
Canada.... Oh, we are only temporarily doing this income tax thing to support our needed war-effort... everyone needs to pick sides in this war and join in you know?

Fast forward to today... Yeah, about that income tax thing. We've jacked it up so that you lose over half your wages, but we can't stop it now. We've got a growing debt problem here that will take generations to pay off...
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Or if our U.S. situation is looked at in another way, i.e., the correct way, there really is no debt. Instead there is a growing, at this point anyway, future obligation to either print more outside money in the form of Bank Reserves or in the form of Treasuries. It's obvious this obligation has practical limits. But the amount of these limits is indeterminable without making specific assumptions about the future. We can know the past with 100% accuracy; but not the future. It seems to me that we should therefore be more careful regarding what we spend money on.
 
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MKTrader said:
Defrauding? Do you know how long the U.S. existed before we had an income tax? And at what level the income tax wasn't supposed to exceed when introduced? Any idea how much taxes a productive person pays when you consider taxes on Federal, state, city, county, property, gasoline, alcohol, tobacco, firearms and a host of other things? The ones doing the defrauding are the rent-seeking politicians and bureaucrats who live off our taxes and future debt and produce nothing of value.
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%%
Speaking of fraud, watch this Harvard Business Review of ESG Flaws.
147 funds of ESG compared to 2,428 non ESG funds[MARCH 31 2022, by Prof Sanjai Bhagat] '' They found out the ESG funds had worse labor + environmental compliance than the non ESG funds''
Interesting they attracted more capital + had more poor performance:caution::caution:
 
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