BKP and Joene from the All Star Political Panel on Joe Manchin and Student Loan Forgiveness

Trader Joe or Trader Joe.

Smoke and Mirror with college debt forgiveness. President Biden wants to forgive at least $10K per student for students that make less than $150k. To the fat cats in DC is that the new poverty level. If you make $150k a year you should be able to pay for student debt and child care. Just about everyone would be entitled, because even doctors and lawyers don't come out of school making $150K right out of school. What about the students that worked before and after school. Or those that choose a trade school or a community college. The universities are way overpriced.

They say that as early as this week there will be an announcement about the student loan forgiveness.

When a debt is forgiven it is income but the IRS has forgiven the debt as well and it will not be counted as income.

The department of education and the department of justice is questioning the president's ability to do forgiveness.

On this $10k they are giving you the $10K but they aren’t going to give you a 1099 for giving you the $10K. It is a trick that they use over and over, they wait until the last minute, then they ram through something that is 750 pages long and there is n’t any time to read or amend. They always title the bill so that it is very favorable.

The Trader Joe bill is conviencely acronym IRA so your IRA is going to 0 because of this bill. Manchin lied saying he is not raising taxes. It is an enormous give away to Tesla and it is an enormous green new deal.

Joe Manchin many times was Joene’s winner of the week. He saved us multiple times from the build back better. But what he did right at the last minute again right before a recess he stabbed the American people in the back. The 15% of the corporations that make a billion in profit, on the corporations that “don’t pay any tax”. They are using Donald Trump as an example. The big corporations might owe 800K in income taxes and they depreciate the new buildings and locations. They create jobs by using the tax incentives. They are going to spend another half trillion. There is nothing in the reports that it is inflation neutral.

We are going to spend an enormous amount of money for the auto makers to retool their plants so we can tell them what to build. We are going to subsidize the auto manufactures in North America to build EVs. There hasn't been any plan developed to implement the green new deal. It is not practical.

Watch and see how close the esplost gets to put in charging stations in schools.
Tax foundation. Reinvestment is how the economy is supposed to turn.

Joe Machin sold himself for the gas line to go through West Virginia.

3 of the top candidates in AZ are Trump endorsed candidates. AZ may be a very interesting place for the next 99 days. It may put a lot of concern into her. AZ is a lot like GA. they used to have 2 republican seats in AZ, it is now democrat. Sinema is looking at the tea leaves.