Stupidity Watch 1

No Tax On Overtime Was A 90 Billion Dollar Reverse Wealth Transfer By Robert Korczynski ​In 1913 the United States established the Federal Reserve and passed the Revenue Act to introduce Federal Income Taxes. The Federal Reserve was created as a permanent central bank, but the income tax was sold as a temporary "soak the rich" measure that would only target the top 1% of earners. The Revenue Act of 1913 originally provided $3,000 exemptions for single filers and $4,000 for married couples. Adjusted for inflation, that equates to at least $90,000 to $120,000 in tax-free income, so in reality 97% of all Americans paid zero federal income tax at first. But when the government needed to fund World War I, it passed the War Revenue Act of 1917 which slashed exemptions for single filers to $1,000 and married couples to $2,000, dragging millions of working-class Americans into a permanent federal tax net that was never dismantled after the war, and over the years the federal governme...

How Apple Stole the 2020 Election from Trump By Robert Korczynski The conversation about 2020 being a stolen election has always focused on voting machines, mail-in ballots, or some other problems counting paper ballots, but the real theft happened in the palm of most people's hands. We now have the multi-year data to prove that the Apple iPhone has been the main source of Trump Derangement Syndrome going back for years. AllSides found that there was only 1% coverage of conservative media in 2023, fairly consistent with their lack of coverage today, so that means that they were doing the same three years earlier in 2020; as Trump has always said, the 2020 election was stolen. The "Neutrality" Trap: Falsus in Uno The most dangerous part of this theft is the "Neutral" label. Apple claims its feed is balanced because it includes "independent" fact-checkers and "center" outlets. But under the rule of Falsus in Uno, Falsus in Omnibus, we know bett...

     What are clawbacks? And why is Trump using them everywhere? Trump clawed back 80 million allocated by FEMA to go to the City of New York after he had issued an Executive Order stopping all payments to house Illegal Aliens. Trump and DOGE said that the 80 million should have been used for hurricane relief for Americans instead of being sent to luxury hotels to house Illegal immigrants. New York sued because the comptroller woke up and saw 80 million missing from their bank accounts, because the money had been clawed back. Clawbacks are built into most government contracts and private business contracts as a clause that says that if anyone breaks the law, or if profits drop, or if the employee fails to perform, or if the subcontractor fails to keep accurate accounting records the money can be clawed back, and 80 million can disappear as quickly as overnight like it did in New York.      In addition to clawing back that money, Trump has clawed b...