Generational theory, international history and current events
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by FullMoon » Sat Jul 26, 2025 3:37 pm
by Higgenbotham » Sat Jul 26, 2025 3:27 pm
The Social Security trust fund could face insolvency by late 2032, per CRFB estimates. That would trigger a 24% automatic benefit cut—about $18,000 annually for a dual-earning couple.
LOS ANGELES - Millions of seniors could face devastating cuts to their Social Security benefits in just over seven years, according to a new analysis released Thursday by the Committee for a Responsible Federal Budget (CRFB). The report projects that the Social Security and Medicare trust funds are on track to run out of reserves by late 2032. When that happens, federal law requires that payments be limited to incoming payroll taxes, triggering an automatic 24% benefit cut for retirees unless Congress acts. The cause, in part, is linked to new tax provisions under the One Big Beautiful Bill Act (OBBBA)—a sweeping piece of legislation that reduced revenue into the trust funds, speeding up depletion.
by FullMoon » Thu Jul 24, 2025 9:17 pm
Higgenbotham wrote: Thu Jul 24, 2025 8:04 pm The level of nastiness and vindictiveness seems to be ratcheting up a lot: Trump vs Powell Macron vs Candace Owens Gabbard vs Obama are the examples I can think of where I said, wow, this is different.
by Higgenbotham » Thu Jul 24, 2025 8:04 pm
by Higgenbotham » Thu Jul 24, 2025 3:36 pm
FullMoon wrote: Thu Jul 24, 2025 12:11 pm You said once that the use and proliferation of plastics was a mistake and it seems the chemical industry has done well but we and our proginy will surely suffer for several generations.
by FullMoon » Thu Jul 24, 2025 12:11 pm
Higgenbotham wrote: Thu Jul 24, 2025 10:38 am Actor Jeff Daniels laments Kamala Harris’ loss, suggests she would have governed like Abraham Lincoln https://www.foxnews.com/media/actor-jef ... am-lincoln No, she would have governed like Lincoln's dog Fido.
Actor Jeff Daniels laments Kamala Harris’ loss, suggests she would have governed like Abraham Lincoln
by Higgenbotham » Thu Jul 24, 2025 10:38 am
by Higgenbotham » Thu Jul 24, 2025 10:31 am
Higgenbotham wrote: Wed Jul 23, 2025 1:01 pm Ogallala Aquifer Could Dry Up in 20 Years—Yet It’s Rarely Discussed https://climatecosmos.com/climate-news/ ... discussed/ Florida Citrus Production Falls to Lowest Level Since 1919 https://centralflorida.substack.com/i/1 ... evel-since States of emergency, agricultural disaster declared in parts of drought-stricken Manitoba https://www.cbc.ca/news/canada/manitoba ... -1.7588473 This is the summer of flooding across the US, and scientists know why https://www.cnn.com/2025/07/20/climate/ ... f-flooding Extreme weather caused by climate change is raising food prices worldwide, study says https://www.cnn.com/2025/07/21/business ... hange-intl
by Higgenbotham » Thu Jul 24, 2025 10:25 am
FullMoon wrote: Tue Jul 22, 2025 1:44 pm https://youtu.be/wom8kSdgmVs?si=fYni1l_jD7BAnuQM This Martin Armstrong interview was the most informative I've heard from him maybe ever. Looks like huge change is upon us. We knew it was coming and that it was getting closer.
"Plan On It!" Martin Armstrong Sees '100% Chance Of Nuclear War' by Tyler Durden Monday, Jul 21, 2025 - 06:20 AM Via Greg Hunter’s USAWatchdog.com, Six weeks ago, legendary financial and geopolitical cycle analyst Martin Armstrong was signaling a big turn toward war. Now, Armstrong says, “The chances of war with a nuclear exchange is at 100%. . .. Plan on it, this is coming.”
by Higgenbotham » Thu Jul 24, 2025 10:09 am
Vice President JD Vance launched a withering critique of Microsoft on Wednesday, accusing the tech giant of letting go of American workers while relying heavily on immigrant labor through the H-1B visa program. Speaking at a bipartisan event co-hosted by the Hill and Valley Forum, Vance questioned the ethics and economic logic behind mass layoffs followed by increased applications for employment-based visas. "You see some big tech companies where they'll lay off 9,000 workers, and then they'll apply for a bunch of overseas visas. And I sort of wonder; that doesn't totally make sense to me. "That displacement and that math worries me a bit. And what the president has said, he said very clearly: We want the very best and the brightest to make America their home. We want them to build great companies and so forth. But I don't want companies to fire 9,000 American workers and then to go and say, 'We can't find workers here in America.' That's a bullshit story."
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