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January 4,2022
“We have made the decision to ban the representative for her repeated violations of the platform’s prohibition against spreading misinformation about our delicious Applebee’s Riblets Platter™,” said Applebee’s founder and CEO, Bob Applebee. “Our terms and conditions are clear, that any individual disparaging our delectable and reasonably-priced appetizers, salads, or entrees, will suffer the consequences.”
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January 4,2022
Build Back Better Takes Back Seat to Democrats’ Election-Law Push - WSJ
White House press secretary Jen Psaki said the administration was in step with Mr. Schumer regarding the elections push. “We’re gonna work with him on getting that done. But that doesn’t change our commitment to Build Back Better,” she said.
And our hope is that by time this futile attempt to engineer a federal takeover of elections for the first time in American history fails, everyone will have forgotten the phrase “Build Back Better.”
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January 4,2022
Manchin Deflates Democrats’ Hopes of Changing Filibuster, Passing Election Bills - WSJ
“Any way you can do a rules change to where everyone’s involved and basically that’s a rule that usually will stay—that’s what you should be pursuing,” Mr. Manchin told reporters on Tuesday.
Our system has so many fail-safes designed to lower passions and foster debate. I don’t understand the desire to take a sledgehammer to all of them.
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January 4,2022
Entitlements Always Grow and Grow - WSJ Opinion
When Medicare hospital insurance was enacted, cost projections were made to 1990. The projected cost for that year was $9 billion. The actual cost was $67 billion.
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Reading
January 3,2022
Currently reading: A Layman’s Guide to the Liturgy of the Hours by Timothy M. Gallagher 📚
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January 3,2022
Start your engines!
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ChetCast
Episode 223: Race Day
January 3,2022Like NASCAR? This episode may be for you!
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Reading
Book Review: The Simple Path to Wealth 📚
January 3,2022I like to start off the New Year with a financial book, and this year’s installment came by way of a Christmas present from my sister-in-law.
JL Collins (no relation) is a retiree turned writer living in New Hampshire. He wrote a series of letters to his young adult daughter, seeking to pass on the financial lessons he painfully learned in his life. Collins did this because he wanted to pass on this knowledge, but his daughter not wasn’t yet interested in personal finance. That series became popular among self-educated individual investors and Collins expanded the material into a book.
The central thesis is that most retirement financial products are meant to be sold. They make money for the salesman and brokers and little for the investor. The reality is that most investors can reach wealth using simple, low-cost index funds. More than that, they’ll spend less in fees, have a less complex financial life, and outperform any of the other products being sold to them.
It was a refreshing read and a plan that’s validated when using historical market returns. Collins has a warm, friendly writing style. He really does just want to help his readers avoid the financial bruises that can make a major dent in assets at retirement.
Would I recommend: YES
ISBN: 978-1533667922
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January 3,2022
Monthly Child-Tax-Credit Payments Cease, Ending Cushion for Family Budgets - WSJ
Families are bracing for bank balances to suffer when the middle of January comes and the monthly child-tax-credit payment doesn’t.
They think that’s bad, wait until they file their taxes.
Many, many Americans rely on a giant to refund to cover debt payments or other major purchases. Thanks to Washington’s “help,” half of it is already come and gone.
This was a gimmick, and a terribly hurtful one at that.
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Catholic Husband
January 3,2022All Things New - Catholic Husband
Two lousy years are over, and there is light at the end of the tunnel. It’s time to stand up and dust off.
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