"Sinema (D-Goldman Sachs) held the line for her wealthy donors and spiked the attempt to close the carried interest loophole"

BUT she supported adding an excise tax on stock buybacks and that is going to generate more revenue than closing the loophole would have.

I'm all eager to shit on the Republicans in centrists clothing as much as possible, but this is overall a good bill and I'm glad she's on board.

Spoiler: it's Lake Mead and Lake Powell. No one could have ever predicted...

@1 Agreed, but I wonder why Sinema has been so keen on protecting the carried interest loophole? Given her status as a key swing vote, the Senator from the soon to be very thirsty state of Arizona could get campaign funds from the Bernie Bros (and many others) if needed. "Wealthy donors" is the lefty talking point but that just doesn't make sense. She has argued that private equity creates "thousands of jobs in Arizona." Maybe she believes that? (See Times story below.)

"There has been bipartisan interest in closing the loophole. Both President Biden and former President Donald Trump tried to do so. Many on Wall Street, including Jamie Dimon, chief executive of JPMorgan Chase, and Robert Rubin, a former Treasury secretary, have called for its end. And there is little evidence to back up the industry’s claim that a tax break for managers of private equity funds creates more companies and jobs.

Some speculate that campaign contributions swayed Sinema. In the past five years, Sinema has received $2.2 million from investment firms, according to Open Secrets. KKR and Goldman Sachs are among her top contributors. Still, that’s far less than what Senator Chuck Schumer of New York, the majority leader, receives in Wall Street contributions, and he supported the bill’s original carried interest fix. Even Mark Kelly, a Democrat and Arizona’s other senator, has raised more from Wall Street in the current election cycle than Sinema. But Sinema isn’t running for office again until 2024, while Kelly faces a race this year."

"I, for one, would be perfectly fine if this balmy mid-70s with civilized overnight lows in the high 50s stayed around for the rest of the summer." --@Will

Bart Simpson: this
is the Hottest
summer of
my Life.

Homer: this is the
coolest summer of
the Rest of your life.

whilst Oilgarchs
rule the world
we rue the
day

slavery comes
in many guises

“So glad my parents' generation took proactive steps to mitigate global warming so that we could have a remotely livable future... oh wait.”

Sorry. We didn’t realize that by opposing nuclear power back in the ‘70s and ‘80s we were inadvertently dooming us to climate change.

Really, we thought we were doing the right thing.

We were wrong.

yeah.
so foolish of us
to worry about the
after-affects of spent
nucular material* we haven't
a Clue how to Dispose of properly.

oh hey look
there's a Sun
in our Sky! if
Only we might
(somehow!) har-
vest that mother-
fucker. if only it pro-
mised more Proiteering

*ooh! -- look at Putin
invading Ukraine whilst
hiding behind a Nucular Plant!

why he's
Crafty too!

yep.
more Nukes
is The Answer.

remember Nagasaki?
remember Fukishima.

@7 what is your solution to generate more power then? You simply can not generate enough electricity with solar and wind especially if you eliminate hydro to mitigate impacts to salmon runs and natural gas for heating.

We're cool with 100s of millions of gallons of oil being spilled in our oceans without natural disasters to blame, so forgive me if I don't get too concerned about a rare reactor meltdown. Of course they're not great but can be mitigated like anything else.

@6

Even counting Chernobyl, Fukushima, Three Mile, and all the waste nuclear power has less impact on the environment than ethanol.

Like it or not we need lots and lots and lots of electricity. If we are going to switch our transportation to electricity we need even more. Plugging an EV into a coal fired power plant isn’t going to reduce carbon emissions, and we aren’t going to power all the trains, all the trucks, all the subways, all the buses, etc., with wind and solar.

@10

Our knowledge and capability to “harvest the Sun” is only a couple decades old and we are still perfecting it.

It’s Science not Magic and it’s still in its infancy. And there are absolutely trade offs. The mining of the required minerals is pretty damaging to both the local environment and the miners’ health.

Next Generation fission plants absolutely need to be a part of the solution.

"Our knowledge and capability to 'harvest the Sun' is only a couple decades old and we are still perfecting it." --st

like when your Hero
Ronny Raygun took the
fucking Solar Panels OFF the
Fucking White House. that was 20
years ago? as a Denialist, you do well

Raygun said it Best:
fuck the sun. we
Like OIL & the
Bigger the
Better.

it's Called FUNDING
as in, WWII was able to
turn our Economy AROUND

Massively Funding alternative Energies
would likely return our Investment
tenfold -- if it postponed
a Climate Armageddon
it'd be Thousandsfold

plus we'd Have an
Inhabitable fuck-
ing Planet.

any smoke
out your way?

@6

Even counting Chernobyl, Fukushima, Three Mile, and all the waste nuclear power has less impact on the environment than ethanol.

Like it or not we need lots and lots and lots of electricity. If we are going to switch our transportation to electricity we need even more. Plugging an EV into a coal fired power plant isn’t going to

meanwhile the War
on Infowars rages on:

"On Friday, a lawyer for Ms. Lewis and Mr. Heslin [parents of a six-year-old student Massacred at Sandy Hook Elementary] asked the jurors to award nearly $146 million in punitive damages, saying they had an opportunity to 'stop Alex Jones. Stop the monetization of misinformation and lies.'

Mr. Jones’s lawyer asked for a $270,000 award, saying Mr. Jones had 'apologized repeatedly and offered to have the parents on his show.'"

Waaay more at
https://www.nytimes.com/live/2022/08/05/us/alex-jones-trial-sandy-hook#alex-jones-trial-takeaways

also this:
Just In

Alex Jones
is Now Trying to
Cast Himself as the
Hero to Sandy Hook Parents.

https://www.nytimes.com/live/2022/08/05/us/alex-jones-trial-sandy-hook#alex-jones-infowars-parents

profiteers
gonna profiteer

@14

LOL

Ronald Reagan is still in contention for worst President since James Buchanan.

Oh and Kristio, there’s a huge difference between using solar to heat water for the White House laundry and generating the amperage needed to move a 200-ton locomotive.

Now multiply that by all the locomotives….

@14/17: Yes - Ronald Reagan is my hero, not Sir Toby II's.

@19

And yet on the occasions on this board when we have disagreed we've done so civilly and without insulting each other.

@21: Indeed!

"Oh and Kristio, there’s a huge difference between using solar to heat water for the White House laundry and generating the amperage needed to move a 200-ton locomotive."
--st

when ya take
the fucking solar panels
OFF the fucking White House roof
it's symbolic but half of you Knew that already.

ronny raygun set US back
how many Decades in exchange
for What, exactly? we couldda been
the Planet Leader in Solar Innovation but
we gave it all away to enrichen the already Rich

and now here
the fuck we are

your Heroes SUCK.

alls 'republicans' want is
Gated Communities for the chosen few
and open sewers cum concentration camps
for the rest of us. they're good at Whitewarshin'
History meting out Punishment & vacuuming up Money
but suck at shit like Humanity Governing and Justice. and so on

@23: At the time, the attitude that too many were being institutionalized against their will.

What Reagan did do, as governor of California, was to sign the Lanterman-Petris-Short Act in 1972. That bipartisan legislation made mandatory institutionalization of mental health patients by family members and civil courts illegal. That way a bad judge or vindictive relative couldn’t have you locked up indefinitely at a state hospital.

The result of that humanitarian legislation was that populations in state hospitals dropped, but Reagan didn’t directly oversee, direct or cause any hospital closures.

ok. so Japan's
dying to Dump their
nukular Waste into the
Ocean and s. Korea says
hold the fuck on there Pard

we SHARE this
Ocean it Ain't
your Personal
Toxic WASTE
Dump.

oh look
it's Sunny!

Actually, some in your parents' generation did do stuff.

I was one of the first 100 cofounders of SESCI (solar energy), and did an alternative energy TV series on cable in BC (back when we only got 5 channels, 2 in the North, so a lot of people outside of the Lower Mainland watched that.

But, hey, it's not my problem that you keep subsidizing fossil fuels.

oh, and @8 etc are wrong. You can get a more reliable mix of energy using a combination of solar and wind plus storage (many options like pumped water, compressed air, flywheels, and batteries are storage) and it's 10 times cheaper than any nuclear power is, and doesn't take 20 years to become carbon neutral like nuclear.

Try doing the research.