NEWJERSEY: Someone recognizes that “inflation” leads to “bracket creep” because we don’t have “honest money”

Sunday, May 24, 2026

https://patch.com/new-jersey/southbrunswick/s/kbg3t/as-inflation-skyrockets-this-nj-bill-aims-to-prevent-hidden-tax-hikes?user_email=6977bb79afc18d89968a6a0494d4b398a8e9e97df94217a36edb8fcfd93b518e&user_email_md5=cff302c94eb4f6351922680bba576fdd&lctg=512c02461e240a9c3f318080

As Inflation Skyrockets, This NJ Bill Aims To Prevent Hidden Tax Hikes

  • The bill would combat what’s known as a “stealth tax increase” or “tax bracket creep.”

‘s profile picture
Jack Slocum, Patch Staff
Posted Fri, May 15, 2026 at 11:40 am ET

*** begin quote ***

Senate Republican Leader Anthony M. Bucco (R-Morris, Passaic) has introduced bipartisan legislation that would index New Jersey’s gross income tax brackets annually for inflation, consistent with the federal government’s policies.

As inflation hits 3.8 percent, the highest it’s been since 2023, many salaried or fixed-income residents may see an increase in funds to account for rising costs. However, this could propel them into another tax bracket, effectively forcing them to pay more in taxes while having the same buying power as before.

*** end quote ***

Why is there no more “penny candy”, “nickel cigars”, “dime comic books”, or “quarter a gallon gas”?

Answer: It’s the FED and the Federal Gooferment’s spending.

It you go back to “Robinson Caruso’s island”, them you’d realize that when the banker comes and makes paper money, there is no limit to how much that banner issues regardless of how many coconuts he has in his cave.  (Yeah yeah, go back to the old goldsmiths that gave more receipts for gold ounces on deposit with them than they have in their vault.  On the theory, that no one would ever realize the fact.  A “run on the bank” is when “We, The Sheeple” realize the fraud and rush to withdraw their gold before it’s all gone. Sigh!  Rubes!).  Today’s banks are the same type of Ponzi scheme except the Gooferment “guarantees” deposits.   Just wait until the “run” happens and you’ll find out just how few of the paper dollars a branch has!

Go watch “It’s a Wonderful Life”. The movie illustrates the concept of fractional reserve lending and the potential consequences of a loss of confidence in a bank.

Now translate it today, when there is no “George Bailey” to save your bank (i.e., the savings and loan).

There is a reason that survivalists don’t trust “banks” and save in “beans, bullets, band aid, and bullion”.  (And maybe ₿ aka bitcoin!)

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GOLDBUG: 8,133 metric tons if it is there

Friday, November 7, 2025

https://www.theburningplatform.com/2025/10/28/more-hints-at-whats-coming-in-2026/

More Hints at What’s Coming in 2026

Administrator — Posted on October 28, 2025Categories 

*** begin quote ***

In an interview last week, the U.S. Secretary of Treasury made an odd statement that was simultaneously ignored and discarded. We caught it, though, and you should again be made aware of what it foreshadows.

And what was that odd statement from Secretary Bessent?

As you undoubtedly know, the U.S. dollar has not been connected to the gold price since 1971 and the U.S. currently carries its 8,133 metric tonnes of gold at $42.22 per ounce. As such, how in the heck does a rising gold price “help the U.S. substantially”? Why does it even matter? And in this context, it’s a very odd thing for the sitting U.S. Secretary of Treasury to say.

However, what if we changed the context?

  • What if, instead, the U.S. is planning to monetize the asset side of its balance sheet?
  • What if, instead, the U.S. is planning to revalue its gold reserves in order to create a “deficit neutral” funding vehicle for its planned Bitcoin Reserve?
  • What if the U.S. Congress was considering a new bill to codify a gold revaluation as part of a Bitcoin and Sovereign Wealth Fund?
  • What if The U.S. Federal Reserve was already studying the impact of an official gold price revaluation?

Under those conditions, the seemingly odd, throwaway comment by Secretary Bessent makes a lot of sense. The higher the gold price, the more “deficit neutral” funding cash becomes available. Again, here’s the process. It’s plainly written into both bills that are currently before Congress:

*** end quote ***

8,133 metric tons is about 259,200,000 ounces at ~4k$ per ounce is 1,036,800,000,000 or ~1T$.

Guess that could make a dent in the 33T$ national debt?  NOT!

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RANT: Taxation ISTheft!

Monday, April 15, 2024

https://knowyourmeme.com/memes/taxation-is-theft

Taxation is theft - Imgflip

Taxation Is Theft

*** begin quote ***

The idea that taxation is theft originated in Murray Rothbard’s The Ethics of Liberty in 1982. Rothbard compared government tax collectors to thieves demanding to know what valuables one may have in one’s house.

    “Just as no one is morally required to answer a robber truthfully when he asks if there are any valuables in one’s house, so no one can be morally required to answer truthfully similar questions asked by the State, e.g., when filling out income tax returns.”

*** end quote ***

Argh!

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GUNS: Guess Dementia Joe forgot about the ass kicking that both Russia and the US got in Afghanistan

Saturday, January 27, 2024

https://www.breitbart.com/2nd-amendment/2024/01/21/biden-to-gun-owners-youll-need-an-f-16-to-go-against-the-government/

Biden to Gun Owners: You’ll Need an F-16 to Go Against the Government
AWR Hawkins  — 21 Jan 2024

*** begin quote ***

President Joe Biden again mocked gun owners over the weekend, suggesting they will need F-16 fighter jets if they are really serious about taking on the government.

*** and ***

AWR Hawkins is an award-winning Second Amendment columnist for Breitbart News and the writer/curator of Down Range with AWR Hawkins, a weekly newsletter focused on all things Second Amendment, also for Breitbart News. He is the political analyst for Armed American Radio and a Turning Point USA Ambassador. He was a Visiting Fellow at the Russell Kirk Center for Cultural Renewal in 2010, a speaker at the 2023 Western Conservative Summit, and he holds a Ph.D. in Military History, with a focus on the Vietnam War (brown water navy), U.S. Navy since Inception, the Civil War, and Early Modern Europe. Follow him on Instagram: @awr_hawkins. You can sign up to get Down Range at breitbart.com/downrange. Reach him directly at awrhawkins@breitbart.com.

*** end quote ***

And, the Houti, the Viet Cong, etc etc.

“There are no dangerous weapons; there are only dangerous men.” — character Sergeant Charles Zim in Starship Troopers, a book Robert A. Heinlein, author

—30—

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POLITICAL: Time for age limits on ALL elective offices?

Monday, January 16, 2023

https://www.thenation.com/article/politics/dianne-feinstein-katie-porter/

Will This Be the Year Dianne Feinstein Finally Retires?

  • California Representative Katie Porter has already announced her intention to run for the seat. But the 89-year-old senator hasn’t said she’ll step down.

By Sasha Abramsky
Today 5:00 am. (Note: 2023-01Jan-13)

*** begin quote ***

Feinstein is 89 years old; she will be 91 come the 2024 election. In any reasonable world, having had a more-than-distinguished career, she would now gracefully bow out and make room for the next generation—or even the one after that. She should have done so in 2018, but insisted on staying in the race, scaring off most challengers. The one senior figure who did enter the contest was then–California Senate president pro tem Kevin de León; in the top-two-advance primary, Feinstein received about 44 percent of the vote, and de León came in second, with 12 percent. In the general election later that year, she got 54.2 percent to de León’s 45.8. Her rival went on to be elected to the Los Angeles City Council, and then self-destructed in 2022 when he was caught on tape, along with several colleagues, using racially inflammatory language to mock another council member and his adopted child.

Four years later, Feinstein is approaching 90, and, by all accounts, is a pale shadow of her former self. Last year, the San Francisco Chronicle ran a long article quoting colleagues of Feinstein’s who questioned her mental fitness to remain in office. To date, however, despite ever-louder discussions about her impaired short-term memory and her difficulty performing her senatorial duties, Feinstein has not indicated any retirement plans. Like Strom Thurmond and Robert Byrd before her—the former of whom served in the Senate until six months before his death, at the age of 100 in 2003, and the latter of whom died in office at the age of 92—at least one part of the aging senator’s psyche seems to believe that eternal membership in the Senate is some sort of birthright. 

*** end quote ***

The Dead Old White Guys, in their inifinite wisdom, put an age requirement to be a Senator.  

The Seventeenth Amendment took the selection power from the various State legislators and created a whole different system. (Like taking the brakes out of a car!)

So it seems time for a Consititional Amendment to repeal the Seventeenth and introduce 70 as a maximum age.

(I can’t blame the Dead Old White Guys for not envisioning the increase in life span that exceeds the human brain’s capacity in old age.)

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POLITICAL: Picking “legislators” by lottery — couldn’t be any worse?

Wednesday, November 16, 2022

https://www.bostonreview.net/articles/the-case-for-abolishing-elections/

The Case for Abolishing Elections
They may seem the cornerstone of democracy, but in reality they do little to promote it. There’s a far better way to empower ordinary citizens: democracy by lottery.
Nicholas Coccoma

*** begin quote ***

Why lotteries and not voting? The Athenians weren’t fools; they learned through bitter trials that elections are tools of elites. Having seen the Athenian experiment himself, Aristotle noted as much. “The appointment of magistrates by lot is democratical,” he observes in Politics, “and the election is oligarchical.” Lotteries go straight to everyday people and bring them into power; they circumvent the designs of aristocrats, resist corruption, and don’t favor one group of citizens over another.

*** end quote ***

I think that we should pick US Senators the osd fashioned way by eliminating the Seventeeth Amendments.  And US House Reps by a random drawing like the Lotto.  Everyone who’s willing can get one ticket and, if they win, they get a small salary to represent the district; one term limit for sure, then they return to their real life.

It couldn’t possibly be any worse than what we have now.

I’d like the Pepuls Republik of Nu Jerzee to have a lower house selected by a random draw from the general population and an upper house selected by a random draw from only taxpayers.

Like any of this could happen!

—30—

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ECONOMICS: Social Security is a Ponzi scheme that is a national disaster and getting worse

Thursday, November 3, 2022

https://www.dailysignal.com/2022/11/02/7-facts-biden-ignored-about-social-security-in-his-speech-to-florida-retirees/?utm_source=TDS_Email&utm_medium=email&utm_campaign=MorningBell&mkt_tok=ODI0LU1IVC0zMDQAAAGH2-4XvReNlf-88oulRzrqa4RzRxEmWEZbT5rnJoS1tumDrnI9892TnNi09M5trdns5w9_APQOfhNXa47MWqPTZVlYwUJcobrXBm7-PtbXZWG3ovRJ

7 Facts Biden Ignored About Social Security in His Speech to Florida Retirees
Rachel Greszler / November 02, 2022

  • Rachel Greszler is a research fellow in economics, budget, and entitlements in the Grover M. Hermann Center for the Federal Budget, of the Institute for Economic Freedom, at The Heritage Foundation. Read her research.

*** begin quote ***

Social Security is a bad deal for current and future workers. Social Security may have been a good deal for Biden’s generation, but it’s not a good deal for current and future workers. A Heritage Foundation analysis showed that the average younger worker could receive nearly three times as much as Social Security can provide if they were instead able to save Social Security taxes in their own retirement accounts. (The Daily Signal is the news outlet of The Heritage Foundation.) Even low-wage workers making about $20,000 a year could have 40% larger incomes in retirement as a result of saving on their own. And personal savings can be passed on to family members or friends, something that’s especially important for lower-income Americans, who are less likely to be able to save outside of Social Security and also for individuals with shorter life expectancies. One in five black men will die between the ages of 45 and 65, meaning they will pay tens or even hundreds of thousands of dollars into Social Security and could get little or nothing in return.

*** end quote ***

It’s often been asserted and proved that Social Security is a racist program that transfers wealth from poor minority men to rich white women.

If for no other reason, it needs to be eliminated.  I’m sure the financial gurus can transform the unfunded liabilities fairly.  Yes, it will be painful and not pretty.  I can foresee the under 40 participants getting a 25+ year bonds for their “benefit”.  The 40 to 67 get a similar but non-transferable bond ladder.  Current recipients will have to be paid out of the current budget.  It’s going to require pain, but it’s better than future financial disaster when all the politicians and bureaucrats who created the mess are long dead.

Argh!

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POLITICAL: No DACA for felons!

Thursday, June 23, 2022

https://www.breitbart.com/politics/2022/06/17/ten-years-later-over-53k-illegal-aliens-given-daca-despite-arrest-records-including-for-murder-rape-kidnapping/

Ten Years Later: Over 53K Illegal Aliens Given DACA Despite Arrest Records Including for Murder, Rape, Kidnapping
John Binder — 17 Jun 20221

*** begin quote ***

Ten years ago, in 2012, former President Barack Obama created the Deferred Action for Childhood Arrivals (DACA) program via executive order that has allowed nearly 800,000 illegal aliens to evade arrest and deportation.

Standards for the Obama program were set so low that tens of thousands of illegal aliens with prior arrest records for crimes like murder, rape, and kidnapping were able to secure DACA status.

In 2018, then-President Trump’s administration released comprehensive data on DACA, previously hidden by the Obama administration, that revealed the extent to which the program had successfully helped shield criminal illegal aliens from arrest and deportation by the Immigration and Customs Enforcement (ICE) agency.

From 2012 to 2018, about 53,792 illegal aliens were awarded DACA despite having prior arrest records. Meanwhile, nearly 8,000 illegal aliens awarded DACA were later arrested for crimes, the data shows.fe

*** end quote ***

This is more evidence that the Gooferment’s politicians and bureaucrats have a different agenda than “We, The Sheeple”.  If they are not going to enforce the laws, then why do we bother to pretend.

At the every least DACA should not cover felons.  And, probably not even those who make a “nuisance” of themselves. 

I don’t think anyone opposes immigration of hard working people seeking a better life; everyone else should be shipped “home”.

Argh!

—30—

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GOVEROTRAGEOUS: Let’s have a real expose of the January 6th “insurrection”!

Sunday, June 12, 2022

https://www.dailysignal.com/2022/06/09/what-if-questions-a-bipartisan-probe-of-jan-6-might-have-answered/?utm_source=TDS_Email&utm_medium=email&utm_campaign=MorningBell&mkt_tok=ODI0LU1IVC0zMDQAAAGE7B-bNcgXrHR1iZ_xA7Y8EOjgHGdwwc_Dd3lmhmTIYfwfXOlunWkUQALLwIAps31dcSIFHxehIRT9WtXGRLX6fyd5VAu31y-zvwuNmmHJONAgECX9

Politics
News
What If? Questions a Bipartisan Probe of Jan. 6 Might Have Answered
Fred Lucas / @FredLucasWH / June 09, 2022

*** begin quote ***

A bipartisan investigation of the Capitol riot would dig into the security breakdown and not ignore questions that didn’t conform to a Democrat Party narrative, said Rep. Jim Banks, whose appointment to a select committee was blocked by House Speaker Nancy Pelosi.

“If I were ranking member of the committee, we would be asking the tough questions that Pelosi doesn’t want the committee to ask, because she’s responsible but she hasn’t been held accountable for the security failures at the Capitol and [on] Jan. 6,” Banks, R-Ind., told The Daily Signal.

“The more we learn, the more we realize that there were serious security failures at the Capitol, and why doesn’t this committee want to dig into that?” Banks added later. “They don’t want to dig into it because it deviates from their political narrative.”

*** end quote ***

https://gasdigitalnetwork.com/gdn-show-channels/part-of-the-problem/

Part Of The Problem
The January 6th Facade

Dave Smith and Robbie The Fire Bernstein bring you the latest in politics! On this episode of Part Of The Problem Dave and Robbie take a look at the January 6th hearing and what the agenda is behind it. This episode was recorded on 6.10.22

# – # – # – # – #

What could be learned?

  • Who’s Roy Epps (the cheerleader to invade the Capitol)?  Was he an agent provocateur?
  • Who were those that entered (i.e., FBI agents, instigators, contractors?
  • What communications occurred within the Gooferment about the demonstration?
  • Why were the demonstrators waved into the building?
  • What are all the facts surrounding the killing of Ashley Babbit?
  • What was Nancy Pelosi’s role in the whole affair?

When we have an honest and open discussion of what REALLY happened, then it can be on Prime Time TV.  Otherwise it’s just more of the “Bagdad Bob” show!

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ECONOMICS: Anti-trust? Let Musk buy Twitter. It’d would be a hoot!

Saturday, April 16, 2022

https://www.spiked-online.com/2022/04/15/why-elon-musk-has-rattled-them/

Why Elon Musk has rattled them

  • His attempted takeover of Twitter has revealed just how terrified the liberal elites are of freedom of speech.

Tom Slater Editor 15th April 2022

*** begin quote ***

We stand here on the edge of tyranny… Elon Musk wants to buy Twitter. That, roughly speaking, has been the commentariat reaction in recent days as the world’s richest man has launched a takeover attempt of the social-media giant, citing his concerns about its censorious policies as his main motivation.

Musk revealed last week that he had become Twitter’s largest shareholder, with a 9.2 per cent stake. Now he’s offered to buy the whole company for a cool $43 billion, a nice premium on its current worth. As it stands, Twitter’s board is resisting and America’s great and good have gone berserk.

The Washington Post’s Max Boot was swift out of the blocks. ‘I am frightened by the impact on society and politics if Elon Musk acquires Twitter’, Boot tweeted. ‘He seems to believe that on social media anything goes. For democracy to survive, we need more content moderation, not less.’

*** end quote ***

What better way to break up Big Tech than to have some “wild card” break in?

—30—

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