I'm surprised there's not an inflation thread yet by 6IXSTRINGJACK

REAL WORLD EVENT DISCUSSIONS

I'm surprised there's not an inflation thread yet

POSTED BY: 6IXSTRINGJACK
UPDATED: Friday, April 19, 2024 13:10
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PAGE 8 of 15

Friday, August 5, 2022 10:50 AM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
Well... for the first time I'm seeing a not insignificant bump in food prices on things that I buy.

The only question is do I restock things I don't need now at these prices or wait and hope that prices come down before I need them?
The sole purpose of inflation is to discover how much money you have and take all of it. There are actual people deciding what prices will be and the criteria for their decisions are what is best for the decision maker. Now is always the time to buy, unless the food is seasonal with a time for lowest prices when the harvest arrives.

That makes little sense. With a record amount of personal debt and people not being able to buy necessities, they're finding their prices... and the current prices are too high.

Prices will also come down once gas prices come down. I'm not stocked up on everything through 2024/2025 though, so I'm just being extra diligent about spotting sales.

Still not going to buy any wood.

https://tradingeconomics.com/commodity/lumber

Though the price of a framing grade stud came down to about $3.75 a month or so ago, it's back up to $4.80 right now. They were $7.30 back in April, and for about half the summer last year they were over $10.00 per.

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Friday, August 5, 2022 6:47 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by 6IXSTRINGJACK:

That makes little sense. With a record amount of personal debt and people not being able to buy necessities, they're finding their prices... and the current prices are too high.

In Perfect Capitalism the price would be adjusted for each person. When you insert the credit card into the gas pump, a credit check is done. Those with high credit ratings pay a higher price than those with lower credit ratings. Those who pay cash at the window, presumably the poorest, pay the highest price per gallon since they are buying anonymously. You think that is absurd? Americans already pay a unique price when they go to the hospital for medical care.

Old people on Medicare pay the lowest prices while those without insurance pay the highest. The result is that in America, medical care absorbs 19.7 percent of the GNP. All Other countries? Less than 10%. Prefect Capitalism.

The National Health Expenditure Accounts (NHEA) are the official estimates of total health care spending in the United States -- Dating back to 1960
https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Tr
ends-and-Reports/NationalHealthExpendData/NationalHealthAccountsHistorical

How does health spending in the U.S. compare to other countries?
https://www.healthsystemtracker.org/chart-collection/health-spending-u
-s-compare-countries-2/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Friday, August 5, 2022 6:58 PM

6IXSTRINGJACK

Whether I pay for gas at the pump with cash or with credit the price is the same for me. Same with anything else.

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Friday, August 5, 2022 8:15 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by 6IXSTRINGJACK:
Whether I pay for gas at the pump with cash or with credit the price is the same for me. Same with anything else.

Not the same for medical. Medicare patients pay less than than cash/check paying patients.

The cash price is LOWER than the credit card price of gasoline at some Texas gas stations. That is even on the signs displaying prices.

What Texans tolerate at the hospital also happens at the grocery store where prices are lower if you use a Kroger ID (similar to a Medicare card) which also gives you 35 cents per gallon discount at the Kroger gas pump. The gasoline discount depends on who you are. I also get $11 discount on groceries if I buy $110 worth, in addition to the discount because of coupons. Earlier this year it was a $10 discount on $100 worth. Inflation, again.

Different prices for different people in Perfect Capitalism.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Monday, August 8, 2022 8:40 AM

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The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

A crude export ban is destined to fail, but a price cap could work

Claudio Galimberti, Aug. 8, 2022

To tame gasoline prices and provide U.S consumers with some much-needed relief, a few market hawks and politicians are calling on the Biden administration to reimpose a crude export ban. This is driven by the idea that domestic oil will then stay within US borders and ample supplies will eventually blunt the surge in retail prices.

But that idea is fundamentally flawed. An export ban would be quixotic and ultimately prove a disastrous policy, adding further stress on an already strained domestic and global market.

To understand why a new ban may come back to bite the Biden administration, we need to analyze the price mechanism for gasoline in the US and crude globally.

Crude prices have signaled a supply shortage since the start of 2022. This comes from expectations that Russian production would drop sharply following tight western sanctions in response to the war in Ukraine. Imposing a crude export ban in such a situation would exacerbate the oil shortage, pushing the price of Brent crude even higher.

In the United States, oil from the Permian Basin would be trapped in Texas, driving the price of U.S. benchmark West Texas Intermediate well below that of the international benchmark Brent crude. U.S. producers would lose the incentive to keep drilling.

But what about consumers? Would they see lower pump prices?

The answer is an unequivocal no. Gasoline prices along the East and West coasts, where most Americans live, are set internationally via an import parity mechanism and would therefore be negatively affected by the increase in Brent prices. In the end, a policy designed to reduce domestic gasoline prices at the expense of the efficiency and competitiveness of the American oil producers would result in higher gasoline prices for most Americans.

So, what could be proposed to reduce gasoline prices? First, we must understand the root causes of high prices and assess the possible solutions.

In simple terms, gasoline prices depend on the price of crude and the profit margins of refiners. Both are high, but for different reasons.

Crude prices are elevated due to the Ukraine war risk premium, while refining margins are at historic highs because of a global dearth of refining capacity. In other words, there’s not enough global refining capacity to keep up with the demand for gasoline, diesel, and other oil products.

No quick fix

A quick fix for the wide refining margins is complicated, if not impossible. But the market will likely work its magic: high margins will incentivize investments in additional refining capacity, bringing the supply and demand of oil products back in balance and eventually causing margins to revert to a more typical range.

The critical question is when? It takes years to build a refinery, but the good news is that new refineries are already in the pipeline, primarily in Asia and the Middle East. They are expected to come online this year and through 2024.

The crude risk premium is a different story. The proposed price cap on Russian crude exports, floated by Treasury Secretary Janet Yellen, is a move in the right direction and far superior to an outright ban. An oil price cap would cut the price paid on purchasing Russian oil.

On HoustonChronicle.com: No direction home: Uncertainty has oil markets swinging wildly

In practice, the most direct mechanism to impose it is via insurance. The International Group of Protection & Indemnity Clubs in London covers around 95 percent of the global oil shipping fleet. Western countries could impose a price cap by letting buyers keep that insurance, as long as they agree to pay no more than a certain price cap for the Russian oil on board.

Many obstacles, however, could derail such a plan. The most obvious one is that Russia might not agree to sell at those prices. Putin has already shown willingness to withhold natural gas supplies to European countries that refused to meet Russia’s payment demands. Still, withholding oil exports would significantly damage the Russian economy.

The next most likely obstacle would be China, which could decide — for geopolitical reasons —to lend support to Russia by paying a higher price. Finally, a price cap could create a powerful precedent, of which oil and gas producing countries would be wary.

A price cap is a measure worth considering at this stage to try to reduce the war risk premium on crude. It is perhaps the least-worst option and probably the only one within the grasp of policymakers, if only they can agree on it.

Claudio Galimberti is senior vice president of analysis at the Norwegian consultancy Rystad Energy.

https://web.archive.org/web/20220808122233/https://www.houstonchronicl
e.com/business/energy/article/Comment-A-crude-export-ban-is-destined-to-fail-17349935.php

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Monday, August 8, 2022 10:12 AM

6IXSTRINGJACK

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
Whether I pay for gas at the pump with cash or with credit the price is the same for me. Same with anything else.
Not the same for medical. Medicare patients pay less than than cash/check paying patients.

If they can pay. Turns out it's pretty easy to get out of paying most of it when you're in the lower quintile and you've got 3 brain cells and a little bit of free time.

Quote:
The cash price is LOWER than the credit card price of gasoline at some Texas gas stations. That is even on the signs displaying prices.

It's like that here too. It's probably like that everywhere. If I go to one and it's cheaper to pay cash, I'll pay cash.

Quote:
What Texans tolerate at the hospital also happens at the grocery store where prices are lower if you use a Kroger ID (similar to a Medicare card) which also gives you 35 cents per gallon discount at the Kroger gas pump. The gasoline discount depends on who you are. I also get $11 discount on groceries if I buy $110 worth, in addition to the discount because of coupons. Earlier this year it was a $10 discount on $100 worth. Inflation, again.

And until 2 months ago, I had gotten nearly $2,000 worth of stuff free after rebate. But they're not doing that anymore.

Quote:
Different prices for different people in Perfect Capitalism.

Well as you said before, poor people are more likely to pay with cash, so they're getting the cheaper price on gas at the right stations where the rich white people are too dumb and/or lazy to take advantage of that. Hell, half of them in 2020 probably don't even walk around with a physical dollar in their pockets anymore. And there's a reason the gas stations do this. They don't have to pay the obscene credit card fees and they pass that savings along to the customer. Some of it, anyway.

Buying in bulk has always gotten you a good deal at a lot of places.

Anybody who doesn't have health insurance and pays 100% of the medical bill made a huge mistake. I know this for a fact, because I did it once back in my early 20's. It's a mistake I won't ever make again.

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Wednesday, August 10, 2022 12:53 AM

JEWELSTAITEFAN

Quote:
Originally posted by JEWELSTAITEFAN:
I think it was last year that Little Caesar's bumped their price of Wings from $5.99 to $6.99
Now they just had to bump it another buck to $7.99

I guess I forgot to mention that, if correct, that is a 33% increase since Lord Darth Obiden accepted Annointment.

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Thursday, August 11, 2022 7:36 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Raw data: Inflationary episodes over the past 70 years
Author Kevin DrumPublished on August 10, 2022 – 7:33 pm
https://jabberwocking.com/raw-data-inflationary-episodes-over-the-past
-70-years/

Sticky Price Consumer Price Index less Food and Energy
https://fred.stlouisfed.org/graph/?g=SGvi

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, August 11, 2022 10:55 AM

6IXSTRINGJACK

Nobody cares about your graphs when they're paying more.

You wouldn't keep posting those graphs if you believed it, right?

Because according to you, you can't ever repeat anything otherwise that means you're just trying to convince yourself that something is true.

I'm going to have fun with that one. You bet your ass I will.

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Thursday, August 11, 2022 12:25 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by 6IXSTRINGJACK:
Nobody cares about your graphs when they're paying more.

You wouldn't keep posting those graphs if you believed it, right?

Because according to you, you can't ever repeat anything otherwise that means you're just trying to convince yourself that something is true.

I'm going to have fun with that one. You bet your ass I will.

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Falsus in unum, falsus in omnibus

When 6ix writes for the 1,001th time that "Trump will be fine," that is a statement about Trump's future, which is guesswork. You should be worried about his future. On the other hand, a graph about prices in the past is the exact opposite of guesswork. It is all facts.

6ix, your psychological fortress will collapse if Trump has to, say, pay his income taxes in the future because of the historical fact he hasn't paid in the past. After cheating for 20 years, Fatso owes $billions. Trump won't be fine.

6ix, if you hate the prices you're paying at your local gas station or grocery store or for rent, you could either steal what you want or force the Capitalist who is cheating you to lower his prices. (That Capitalist could be cheating on his income taxes. He could lower his prices by the amount he doesn't pay in taxes.) But if you go with the 3rd option, blame the Democrats, that is the same as the zero option, not getting the stuff you want from sellers. Changing politicians will not change prices because politicians don't control prices in The Perfect Capitalist Paradise known as the USA, where Capitalists set the prices, not politicians.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, August 11, 2022 9:47 PM

6IXSTRINGJACK

Quote:
Originally posted by second:
6ix, if you hate the prices you're paying at your local gas station

I haven't bought gas in 6 weeks.

Quote:
or grocery store

I've hardly bought any food in 3 months and what I have bought was at an extreme discount and cheaper than what idiots were paying before Biden*'s inflation.

Quote:
or for rent

I don't pay rent.

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Friday, August 12, 2022 12:21 AM

6IXSTRINGJACK

Gas prices under $4.00/gal nationally. Joe Biden* lies and tells the American People that inflation is ZERO percent.

Yet food and rent prices keep going up and and Jobless Claims just hit their 2022 high, yet the Lying Legacy Media is telling you that unemployment fell to 3.5%, matching Trump's historic low inflation rate.

What the fuck is anybody supposed to even believe in Democrat Shitworld?

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Friday, August 12, 2022 9:31 AM

6IXSTRINGJACK

CBS News: Buying a New Car in the US has never been More Expensive

https://www.cbsnews.com/news/new-used-car-price-kelley-blue-book/

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Monday, August 15, 2022 3:22 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Why gas is actually cheap in America
Gas is at record-high prices in the United States, but it still costs far less than elsewhere in the world. And in the long run, Americans might pay for that privilege.

The cost for 100 gallons of gasoline, based on the average price in late July, takes up a smaller share of the country’s per capita GDP than any other nation in the world, including Iran, where people paid 20 cents a gallon last month.

All about the taxes

Back in late July, while gas was ~$4.61 at the pump in the US, things were far worse in the UK. Abroad, the Brits were paying nearly double that, at ~$8.50 per gallon.

The discrepancy didn’t come from the price of the gasoline itself, but mostly from the taxes paid on the gas. In the US, gas taxes have always been shockingly low.

The federal gas tax (an excise tax levied during the production process) was first charged in 1932 at 1 cent per gallon and is now 18.4 cents per gallon — an increase which tracks close to inflation.

But the federal gas tax hasn’t gone up since 1993. And as time has passed, the burden of the tax has weakened substantially.

Of course, states and many localities throw in additional taxes. Some states, like California and Illinois, issue taxes upwards of 60 cents. But according to August data from the US Energy Information Administration, the average state tax is 32 cents.

That puts the average American tax at ~50 cents per gallon — well behind most other large economies.

The United Kingdom charges 52.9 pence per liter, or ~$2.45 a gallon, then adds another 20% tax to the total cost at the pump.

The EU requires a tax of at least 0.36 euros per liter in member countries, or ~$1.41 per gallon. Most members charge more, with France at ~$2.67 per gallon and the Netherlands at ~$3.18 per gallon.

Canada levies a national tax of ~38 Canadian cents per gallon or ~30 cents. Provinces can tack on their own taxes, which leads to Canadians spending ~90 cents to ~$1.50 a gallon on taxes.

Plenty More at https://thehustle.co/why-gas-is-actually-cheap-in-america/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Monday, August 15, 2022 10:10 PM

6IXSTRINGJACK

Quote:
Originally posted by second:
Why gas is actually cheap in America

Sure buddy. Keep telling that to all the struggling people out there, and keep pretending that a majority of them aren't Democrat voters themselves, and see where it gets you.

November is coming.

Tick Tock

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Tuesday, August 16, 2022 8:17 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Why gas is actually cheap in America

Sure buddy. Keep telling that to all the struggling people out there, and keep pretending that a majority of them aren't Democrat voters themselves, and see where it gets you.

November is coming.

Tick Tock

Do you understand this joke?

Quote:
I taught my kids about democracy by letting them vote on which movie to watch and pizza to order. And then I picked the movie and pizza I wanted because I'm the one with the money.

Change which political party is the majority in your state legislature of Indiana and the joke remains the truth. Obviously, if the wealthy were forced to pay the $1 trillion per year in unpaid taxes, the joke would be less true. But Trump hasn't paid in 20 years and the GOP prevents the IRS from forcing him and others to pay. And while the rich are not paying taxes because they feel better not paying, they are also raising prices because they can, not because they have to. Inflation makes the rich feel better.

trillion dollars in unpaid taxes irs
https://www.google.com/search?q=trillion+dollars+in+unpaid+taxes+irs

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Tuesday, August 16, 2022 9:13 AM

6IXSTRINGJACK

Deflection, deflection, deflection.

Do you have severe autism or something? There's at least a solid Asperger's in there.

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Tuesday, August 16, 2022 12:25 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by 6IXSTRINGJACK:
Deflection, deflection, deflection.

Do you have severe autism or something? There's at least a solid Asperger's in there.

I am trying to bust down your defenses but I can't get your attention turned away from the same old beliefs you've had since your teenage years. Let me make it really simple for you: Inflation is caused by rich people raising the prices everyone pays. It is not complex at all. Inflation is not about supply and demand and interest rates and GNP and trade deficits and all the other things people like you use to distract yourselves from the utter simplicity of inflation: some rich person wants more money from you and the rich person raises prices. If the rich person told you what they were doing, you would revolt. Rich people don't get rich by telling the whole truth to poorer people. But if the poorer convince themselves that it is supply and demand and interest rates and GNP and trade deficits causing inflation, the rich person can steal your money without you understanding what the rich person did to you.

There is another situation that is exactly as simple: rich people want more money and they get it by not paying their taxes. Senator Ted Cruz will explain: "We should abolish the IRS!” That is exactly what rich people want. With no IRS, rich people will pay no taxes. Cruz is smart enough to NOT explain the true reason why the IRS should be abolished. He gives a bunch of fake reasons that seem impressive and resonate with poorer people who have many prejudices and false ideas about how money works.

Ted Cruz blasts Biden plan to make IRS larger
https://justthenews.com/government/congress/ted-cruz-blasts-biden-plan
-make-irs-larger-fbi-border-patrol-87000-new-hires

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Tuesday, August 16, 2022 2:19 PM

6IXSTRINGJACK

You're wrong.

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Thursday, August 25, 2022 8:24 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Russia's war against Ukraine continues to drive up U.S. natural gas prices. Here's what we know.

Natural gas prices in the U.S. on Tuesday rose to about $9.95 per million British thermal units.

Natural gas in the U.S. has typically averaged about $2 to $4 per million British thermal units in previous summers.

Across the country, households have seen their electricity bills skyrocket. In Houston, prices have nearly doubled over the past year, mostly because of the price of natural gas.

Until recently, international events had little effect on U.S. natural gas prices. The country's gas market was mostly a domestic one until 2016, when the U.S. began exporting liquefied natural gas.

Conversely, Europe has traditionally imported most of its natural gas.

Russia for now sits at the heart of global gas markets. Its ability to impact pricing and supplies beyond its regional market is becoming clearer and likely to solidify as demand picks up in the winter months.

More at https://web.archive.org/web/20220825120725/https://www.houstonchronicl
e.com/business/energy/article/Russia-s-war-against-Ukraine-continues-to-drive-17395058.php

Which President controls America's natural gas prices? Answer: Putin. Could Biden gain some control over prices by declaring a national emergency and forbidding export of natural gas? Yes, but every natural gas production company would violently object and sue him because they are making four times more money than usual selling the same amount of gas as usual. Also the Republican Congressmen would violently object and impeach Biden because America is a Capitalist System and controlling prices is Communism, or something, not sure what that something is.

A fine profit can be made at $2.50 per million British thermal units but the profit is so much finer at $9.95 per million British thermal units.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, August 25, 2022 11:06 AM

6IXSTRINGJACK

Quote:
Originally posted by second:
Russia's war against Ukraine continues to drive up U.S. natural gas prices. Here's what we know.

Bullshit.

People paid twice what they paid for natural gas last winter than they did the year prior, and you couldn't even point Ukraine out on a map when that happened.

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Thursday, August 25, 2022 11:25 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Russia's war against Ukraine continues to drive up U.S. natural gas prices. Here's what we know.

Bullshit.

People paid twice what they paid for natural gas last winter than they did the year prior, and you couldn't even point Ukraine out on a map when that happened.

The entire purpose of the natural gas industry building many liquefied natural gas seaports was for increasing the price of natural gas sold in the USA, where more than 90% of the gas produced is burned. As a bonus, the industry gouges the hell out of European buyers of gas, charging the Germans many times more than Americans are charged. It is a win-win-win for Capitalism! Tough luck if you are a buyer of gas rather than a seller because Capitalism is all about looking after the best interest of the sellers, not the buyers.

https://www.eia.gov/todayinenergy/detail.php?id=52659

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, August 25, 2022 11:47 AM

6IXSTRINGJACK

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Russia's war against Ukraine continues to drive up U.S. natural gas prices. Here's what we know.

Bullshit.

People paid twice what they paid for natural gas last winter than they did the year prior, and you couldn't even point Ukraine out on a map when that happened.
The entire purpose of the natural gas industry building many liquefied natural gas seaports was for increasing the price of natural gas sold in the USA, where more than 90% of the gas produced is burned. As a bonus, the industry gouges the hell out of European buyers of gas, charging the Germans many times more than Americans are charged. It is a win-win-win for Capitalism! Tough luck if you are a buyer of gas rather than a seller because Capitalism is all about looking after the best interest of the sellers, not the buyers.

https://www.eia.gov/todayinenergy/detail.php?id=52659

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

God your sad defense of Democrats is grating on the nerves.

This is exactly the reply I'd have expected you to make.

Second is a poorly written character.

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Thursday, August 25, 2022 12:14 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by 6IXSTRINGJACK:

God your sad defense of Democrats is grating on the nerves.

This is exactly the reply I'd have expected you to make.

Second is a poorly written character.

Prices for natural gas are high in the USA because the natural gas producers are exporting liquefied natural gas. Producers can then say to Americans, "We raised prices because there is a shortage. It is supply and demand causing prices to increase, not us!" The same producers say exactly the same to the Europeans importing liquefied natural gas. The producers were making an excellent profit two years ago, before they increased prices by a factor of 4. The producers are making even better profits right now and they are able to do it because they planned years ahead to create a "shortage" in both America and, with the help of Putin, in Europe.

The buyers never think ahead more than a couple of months into the future while the sellers think a decade ahead and are richly rewarded. This is the beauty of Capitalism.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, August 25, 2022 1:27 PM

6IXSTRINGJACK

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:

God your sad defense of Democrats is grating on the nerves.

This is exactly the reply I'd have expected you to make.

Second is a poorly written character.
Prices for natural gas are high in the USA because the natural gas producers are exporting liquefied natural gas.

Yeah. Sure. Whatever.

Tell that to all the black and Mexican voters that are leaving the Democratic party.

I'm sure they'll care.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Thursday, August 25, 2022 3:02 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by 6IXSTRINGJACK:

Yeah. Sure. Whatever.

Tell that to all the black and Mexican voters that are leaving the Democratic party.

I'm sure they'll care.

I wondered why you felt the need to tell your Aunty how to reduce her expenses in retirement. Then I realized the obvious: stupidity about how money works runs very deep in your family. That's why you're always bragging about your itty-bitty triumphs with money and keep convincing yourself you know more than you do. You're Mister Know-It-All, the smartest man in the dumbest family.

Quote:
Originally posted by 6IXSTRINGJACK:
My aunt came over yesterday without my Grandma because we had to do some work on her retirement stuff and we did some warehouse store shopping. She'd never been in one before and I got her a membership. I'm slowly working on her to start budgeting and saving because she's set to get a pretty good SS monthly check when she retires late and should have a very easy time getting by with it if she can make some better choices with what she does with the money.

http://www.fireflyfans.net/mthread.aspx?bid=18&tid=58882&mid=1
160937#1160937

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, August 25, 2022 10:06 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Inflation hasn’t been bad for everyone — companies are producing outsized profits

Before the pandemic, profit margins had never exceeded 13% and had topped 12% on just two occasions: in 1949 and in 1965. In the last eight quarters since the pandemic recession ended, margins have accelerated past 13% three times and exceeded 12% in three other quarters.

These facts blow a very large hole in the prevailing theory of inflation, which holds that prices are high because regular folks have too much money to spend. Higher wages, it’s believed, are forcing companies to raise their selling prices, which then prompts workers in turn to demand even higher wages, and so forth.

This so-called wage-price spiral theory of inflation is the basis of the Federal Reserve’s policy to starve inflation by slowing the growth of personal income and thereby stopping the people from trying to buy more stuff than the economy can produce.

An alternative theory of inflation puts corporate incomes in the picture. Whether you call it price gouging, corporate greed or just business as usual, this theory suggests that the pandemic broke something in the economy that previously had kept inflation in check. Corporations regained the ability to set prices.

When corporations can raise prices without hurting their profit margins, they will. The data released by the government on Thursday is evidence that charging higher prices hasn’t hurt corporations’ bottom line at all. In fact, higher prices have been a boon for corporations.

And what about the workers? The data show that hourly compensation declined at a 1.5% annual rate in the first half of the year after adjusting for higher prices and is now down 2.3% since the end of the pandemic recession.

That’s a lot of numbers to digest, I know. But here’s the bottom line: After adjusting for inflation, corporate profits are up, and hourly compensation is down.

That doesn’t sound like a world in which workers have the upper hand when it comes to bargaining with their bosses. And it doesn’t sound like the textbooks that blame inflation on regular folks having too much money.

https://web.archive.org/web/20220826015447/https://www.marketwatch.com
/story/inflation-hasnt-been-bad-for-everyone-companies-are-producing-outsized-profits-11661455321

Workers’ share of the pie
Four-quarter smoothed average
Compensation per dollar of real gross value-added
https://web.archive.org/web/20220826020353/https://images.mktw.net/im-
610777?width=700&size=1.8604651162790697&pixel_ratio=1.5

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Friday, August 26, 2022 4:39 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Oil and gas producers on track to generate $1.4 trillion in free cash flow this year, report says. (Thank you, Trumptards, for the $1.4 trillion you spent on fuel. Your generosity is much appreciated by the oil and gas producers. Keep blaming Biden rather than the producers because that works best for the producers.)

Cash is flooding into the oil and gas industry so fast this year that producers could report $1.4 trillion in free cash flow for 2022 – the highest amount ever – according to a new report from a major consulting firm.
https://www2.deloitte.com/us/en/insights/industry/oil-and-gas/rising-o
il-prices-and-oil-company-cash-reserves.html

Things were a little different from 2010 to 2020. Oil and gas drillers in North America generated only about $47 billion in free cash flow, according to Deloitte, because of losses in shale plays.

Much more at https://web.archive.org/web/20220825151501/https://www.houstonchronicl
e.com/business/energy/article/Oil-and-gas-producers-on-track-to-generate-1-4-17397559.php

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Friday, August 26, 2022 10:09 PM

6IXSTRINGJACK

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:

Yeah. Sure. Whatever.

Tell that to all the black and Mexican voters that are leaving the Democratic party.

I'm sure they'll care.
I wondered why you felt the need to tell your Aunty how to reduce her expenses in retirement. Then I realized the obvious: stupidity about how money works runs very deep in your family. That's why you're always bragging about your itty-bitty triumphs with money and keep convincing yourself you know more than you do. You're Mister Know-It-All, the smartest man in the dumbest family.
Quote:
Originally posted by 6IXSTRINGJACK:
My aunt came over yesterday without my Grandma because we had to do some work on her retirement stuff and we did some warehouse store shopping. She'd never been in one before and I got her a membership. I'm slowly working on her to start budgeting and saving because she's set to get a pretty good SS monthly check when she retires late and should have a very easy time getting by with it if she can make some better choices with what she does with the money.
http://www.fireflyfans.net/mthread.aspx?bid=18&tid=58882&mid=1
160937#1160937

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

LOL

That's funny dude. 99% of the people I've ever met don't have a fucking clue about how to budget money.

I'm sure you're one of them.

At least I have a family.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Wednesday, September 14, 2022 11:23 AM

6IXSTRINGJACK

LOL

Good time to be heavily invested in the stock market now, huh?

Biden* fucked the entire country over, and it doesn't look like it's going to improve any time soon.

Let's spend more money!!!! And this time, NONE of it goes to the people!!!

Don't believe any of the polls. There's no way that Joe Biden* somehow crawled up from the pit he was in and got up to Trump level approval ratings in 3 weeks when there isn't a goddamned thing he's done except for call half the country fascists in the worst speech ever given by a sitting President.

These polls are no different than Rotten Tomatoes' Critics Score for Lord of the Rings: The Rings of Power or the already cancelled Netflix Resident Evil wokefest. They have no basis in reality.

Don't let them blackpill you. Get out and vote on election day. And if anybody you know says that voting doesn't matter because it's all rigged, slap them in the face and take them with you.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Tuesday, September 27, 2022 8:43 AM

6IXSTRINGJACK

CNN Business: First on CNN: 71% of workers say their pay isn’t keeping up with inflation
There is growing evidence that Americans are struggling to keep up with crushing inflation.

https://www.cnn.com/2022/09/27/economy/economy-inflation-savings/index
.html

FOX Business: Winter is coming: Families have to brace for a large heating bill — again
The average cost to heat a home this winter will increase by 17.2% since last winter, according to the National Energy Assistance Directors Association

https://www.foxbusiness.com/lifestyle/winter-coming-families-brace-lar
ge-heating-bill-again

CNN Business: Forget a soft landing. The market’s best hope is a ‘growth’ recession

https://www.cnn.com/2022/09/26/investing/premarket-stocks-trading/inde
x.html

A soft landing? First you fucks told us there was no inflation. Then you told us it was transitory. Then you said that it wasn't as bad as it looked. Then you told us we'd get a soft landing.

If the country and media wasn't run by such partisan shills and you admitted up front there was a problem, steps could have been taken earlier to prevent where we're at now, let alone whatever mountain range we're about to crash into, most of us without parachutes.

The Democrat Party along with the entire media deserves to die.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Wednesday, September 28, 2022 2:28 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

CEO Says He’s Been “Praying for Inflation” Because It’s an Excuse to Jack Up Prices

by Jon Schwarz, Ken Klippenstein

The CEO of Iron Mountain Inc. told Wall Street analysts at a September 20 investor event that the high levels of inflation of the past several years had helped the company increase its margins — and that for that reason he had long been “doing my inflation dance praying for inflation.”

The comment is an unusually candid admission of a dirty secret in the business world: corporations use inflation as a pretext to hike prices. “Corporations are using those increasing costs – of materials, components and labor – as excuses to increase their prices even higher, resulting in bigger profits,” Robert Reich, former Labor Secretary under Clinton, recently argued. Corporate profits are now at their highest level since 1950.

Iron Mountain is a data storage and management company based in Boston with a current market capitalization of $12 billion. According to its website, over 95 percent of the Fortune 1,000 are Iron Mountain customers. The company’s founder originally bought its first site, an exhausted iron mine, to grow mushrooms.

It wasn’t a one-off comment by the Iron Mountain CEO, William Meaney. On a 2018 earnings call, he invoked a Native American ritual, telling participants that “it’s kind of like a rain dance, I pray for inflation every day I come to work because … our top line is really driven by inflation. … Every point of inflation expands our margins.”

Iron Mountain’s CFO Barry A. Hytinen also said on an earnings call this past April that “we do have very strong pricing power” and for the company, inflation is “actually a net positive.”

At the September 20 investor event, Meaney explained that “where we’ve had inflation running at fairly rapid rates … we’re able to price ahead of inflation” — that is, increase its prices at a greater rate than the high recent rates of inflation. As Meaney put it, raising prices “obviously covers our increased costs, but … a lot of that flows down to the bottom line.” He also noted that this didn’t just apply to his company: “People are seeing what FedEx, UPS, and others are having to do to actually manage their business and pass on that inflation.”

Later in the event, in response to a question from a JPMorgan Chase analyst, Meaney explained that the company had “been getting north of 200 basis points of price increase” — i.e., 2 percent — in the low inflation environment of the mid-2010s. But, he added, he had then hoped for inflation because “pricing for us is actually slightly accretive on the margin” with higher inflation.

Interestingly, both Meaney and Hytinen expressed momentary regret that what was good for Iron Mountain might be bad for everyone in general. “I wish I didn’t do such a good dance,” Meaney said last week, “but that’s more on a personal basis than on a business model.”

Hytinen told earnings call participants that “we feel for folks” regarding inflation, but “we have a high gross margin business, so it naturally expands the margins of the business.”

The remarks of the Iron Mountain executives go straight to the question of who in the U.S. will pay to bring down the current high rates of inflation. Jerome Powell, the chair of the Federal Reserve, said straightforwardly in May that his goal was “to get wages down and then get inflation down.” In other words, Powell wants regular workers to make less money, which would lower labor costs for businesses, which presumably then would not raise prices as much as they have over the past several years.

The degree to which corporate profits have contributed to prices going up, and what to do about it, has been discussed by some Democrats in Congress and the Biden administration. Last year, President Joe Biden accused oil and gas companies of “anti-consumer behavior,” citing the fact that the two largest companies “are on track to nearly double their net income over 2019.” In May, Democrats introduced legislation to prohibit price gouging by authorizing the Federal Trade Commission and state attorneys general to enforce a federal ban on excessive price increases. But the general subject has only gotten modest traction in the media.

Almost every news story on inflation has pointed out that inflation is now at its highest rate in 40 years. Far less emphasis has been placed on the fact that corporate profits are currently at their highest rate in 72 years. The after-tax profits of nonfinancial corporations averaged about 5 percent of the U.S. gross domestic product from 1950 until 1980. They then dropped until shooting upward again during the 2000s. Currently they stand at above 8 percent of GDP. The 3 percentage point difference between 8 percent and the 5 percent average of the past constitutes over $600 billion a year that otherwise could go to workers or reduced prices.

After-tax corporate profits are currently at their highest rate in 72 years.

Lael Brainard, the vice chair of the Federal Reserve, did make reference to the issue of corporate price increases in a speech earlier this month. “Reductions in markups,” she said, could “make an important contribution to reduced pricing pressures.” She continued:

Overall retail margins — the difference between the price retailers charge for a good and the price retailers paid for that good — have risen significantly more than the average hourly wage that retailers pay workers to stock shelves and serve customers over the past year, suggesting that there may also be scope for reductions in retail margins. With gross retail margins amounting to about 30 percent of sales, a reduction in currently elevated margins could make an important contribution to reduced inflation pressures in consumer goods.

Nonetheless, Brainard made no mention of any efforts by the Federal Reserve to restrain corporate profits. While it does not formally possess any tools to do so, it does have a public pulpit and the ear of Congress. What it does have, of course, are blunt tools to decrease wages and increase unemployment, and it is using them enthusiastically.

The Federal Reserve itself projects a nearly 1% increase in unemployment next year, representing over a million people being put out of work, following its aggressive interest rate hikes — the steepest in years. “While higher interest rates, slower growth, and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses,” Fed Chair Powell said in a recent speech. “These are the unfortunate costs of reducing inflation.”

Neither Iron Mountain nor Meaney responded to requests for comment.

https://theintercept.com/2022/09/28/inflation-prices-investors-iron-mo
untain/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Wednesday, September 28, 2022 4:49 PM

SIGNYM

I believe in solving problems, not sharing them.

Gasolina ne back up over $5.49 gal here in SoCal. More, if you're in d-town.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Wednesday, September 28, 2022 7:06 PM

6IXSTRINGJACK

Back over $4.10 by me after it was down to nearly $3.60.

Not good timing for idiot Democrats, huh?

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Wednesday, September 28, 2022 8:55 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by SIGNYM:
Gasolina ne back up over $5.49 gal here in SoCal. More, if you're in d-town.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

You could buy a tanker truck full, or an entire ship full, of gasoline in Houston at $2.00/gal and resell it in California at a tremendous profit, but gasoline refineries know that arbitrage is a foreign concept to consumers, which is why refineries can make windfall profits in states where consumers have far more money than they have understanding about who sets prices that refineries charge for the same product.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Wednesday, September 28, 2022 10:17 PM

6IXSTRINGJACK

Quote:
Originally posted by SECOND:
Quote:
Originally posted by SIGNYM:
Gasolina ne back up over $5.49 gal here in SoCal. More, if you're in d-town.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

You could buy a tanker truck full, or an entire ship full, of gasoline in Houston at $2.00/gal and resell it in California at a tremendous profit, but gasoline refineries know that arbitrage is a foreign concept to consumers, which is why refineries can make windfall profits in states where consumers have far more money than they have understanding about who sets prices that refineries charge for the same product.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Yeah. Heard it before. 500 times from you.

Tough titty for you and for Democrats that not a single fucking voter knows what the fuck you're talking about either, so the Democratic Party is fuckin' done dude.

OPPS!

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Thursday, September 29, 2022 3:49 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by 6IXSTRINGJACK:

Yeah. Heard it before. 500 times from you.

Tough titty for you and for Democrats that not a single fucking voter knows what the fuck you're talking about either, so the Democratic Party is fuckin' done dude.

OPPS!

You remind me of Chris Pine, bank robber, at the end of Hell or High Water giving a speech to Jeff Bridges, Texas Ranger. "My family has always been poor, therefore America owes me what I stole." Bridges is amused and could have given a speech that young man Pine and his family will be poor, again, because old man Bridges has got a feeling from long experience.
https://www.imdb.com/title/tt2582782/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, September 29, 2022 9:28 AM

6IXSTRINGJACK

Quote:
Originally posted by SECOND:
Quote:
Originally posted by 6IXSTRINGJACK:

Yeah. Heard it before. 500 times from you.

Tough titty for you and for Democrats that not a single fucking voter knows what the fuck you're talking about either, so the Democratic Party is fuckin' done dude.

OPPS!
You remind me of Chris Pine, bank robber, at the end of Hell or High Water giving a speech to Jeff Bridges, Texas Ranger. "My family has always been poor, therefore America owes me what I stole." Bridges is amused and could have given a speech that young man Pine and his family will be poor, again, because old man Bridges has got a feeling from long experience.

No. That would be the Democrats that release everyone without bail and have turned all of the big cities into Mad Max Beyond the Thunderdome that have that attitude.

I spent all 4 years while Trump was President improving my life and my situation.

I've been spending the 2 years that Joe* cheated his way in office doing more of the same.

All you've done in 6 years is lie about everything and talk about Trump.

Have a nice day jerking off. Doesn't it get boring?

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Thursday, September 29, 2022 2:13 PM

SIGNYM

I believe in solving problems, not sharing them.

Quote:
Originally posted by SECOND:
Quote:
Originally posted by 6IXSTRINGJACK:

Yeah. Heard it before. 500 times from you.

Tough titty for you and for Democrats that not a single fucking voter knows what the fuck you're talking about either, so the Democratic Party is fuckin' done dude.

OPPS!
You remind me of Chris Pine, bank robber, at the end of Hell or High Water giving a speech to Jeff Bridges, Texas Ranger. "My family has always been poor, therefore America owes me what I stole." Bridges is amused and could have given a speech that young man Pine and his family will be poor, again, because old man Bridges has got a feeling from long experience.
https://www.imdb.com/title/tt2582782/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Yanno, that's exactly what SIX DOESN'T do: feel entitled and whinge for a handout. That would be BLM and all the other splinter groups you feel "sorry" for.

Your lies: so transparent.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Thursday, September 29, 2022 5:48 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by SIGNYM:
Quote:
Originally posted by SECOND:
Quote:
Originally posted by 6IXSTRINGJACK:

Yeah. Heard it before. 500 times from you.

Tough titty for you and for Democrats that not a single fucking voter knows what the fuck you're talking about either, so the Democratic Party is fuckin' done dude.

OPPS!
You remind me of Chris Pine, bank robber, at the end of Hell or High Water giving a speech to Jeff Bridges, Texas Ranger. "My family has always been poor, therefore America owes me what I stole." Bridges is amused and could have given a speech that young man Pine and his family will be poor, again, because old man Bridges has got a feeling from long experience.
https://www.imdb.com/title/tt2582782/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
Yanno, that's exactly what SIX DOESN'T do: feel entitled and whinge for a handout. That would be BLM and all the other splinter groups you feel "sorry" for.

Your lies: so transparent.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

You never saw the movie Hell or High Water, did you? Chris Pine is like every piece of angry poor white trash I know in Texas, except Chris Pine didn't vote for Trump because the movie was made before Trump's run for President. Chris Pine knew, with absolute certainty based on vast ignorance, how he was going to handle the unfairness of the banking system before there was a Trump to look after the little man. Too bad that Chris Pine's brother screwed up the plan by shooting when he shouldn't. There are ways to handle these kind of banking problems Chris Pine faced without expecting the politicians to come to your rescue, but Chris Pine's character, although smart, articulate, and energetic, is not the kind of guy to listen to advice about how the oil business actually works. 6ix is not the kind to listen and learn, either. Guys like Texas Ranger Jeff Bridges know what to do: kill the trigger happy brother and, for Chris Pine who is the brains of the series of bank robberies, get a confession that will put Chris Pine in jail where he belongs. The movie didn't show it, but Jeff Bridges was wearing a wire when Chris Pine explained his motives for robbing banks. It is left to your imagination to discover why Jeff Bridges had a dangerous interview with an armed robber. Bridges was gathering evidence, playing a hunch that Chris Pine was smart enough to not kill a Texas Ranger on Pine's front porch, but dumb enough to explain the crimes to a lawman.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Thursday, September 29, 2022 8:32 PM

6IXSTRINGJACK

Quote:
Originally posted by SECOND:
Quote:
Originally posted by SIGNYM:
Quote:
Originally posted by SECOND:
Quote:
Originally posted by 6IXSTRINGJACK:

Yeah. Heard it before. 500 times from you.

Tough titty for you and for Democrats that not a single fucking voter knows what the fuck you're talking about either, so the Democratic Party is fuckin' done dude.

OPPS!
You remind me of Chris Pine, bank robber, at the end of Hell or High Water giving a speech to Jeff Bridges, Texas Ranger. "My family has always been poor, therefore America owes me what I stole." Bridges is amused and could have given a speech that young man Pine and his family will be poor, again, because old man Bridges has got a feeling from long experience.
https://www.imdb.com/title/tt2582782/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
Yanno, that's exactly what SIX DOESN'T do: feel entitled and whinge for a handout. That would be BLM and all the other splinter groups you feel "sorry" for.

Your lies: so transparent.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

You never saw the movie Hell or High Water, did you?

Blah... blah... blah.

Shut the fuck up, idiot.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Thursday, September 29, 2022 8:42 PM

SIGNYM

I believe in solving problems, not sharing them.

So, you've explained a movie character. You CLAIM it's like Trump voters in Texas.. I wouldn't know, but since your POV is pretty warped I don't automatically believe you. And I don't see the connection to SIX.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Saturday, October 1, 2022 4:26 PM

JEWELSTAITEFAN

Quote:
Originally posted by SECONDbot:
Quote:
Originally posted by SIGNYM:
Quote:
Originally posted by SECONDbot:
Quote:
Originally posted by 6IXSTRINGJACK:
Yeah. Heard it before. 500 times from you.

Tough titty for you and for Democrats that not a single fucking voter knows what the fuck you're talking about either, so the Democratic Party is fuckin' done dude.

OPPS!
You remind me of Chris Pine, bank robber, at the end of Hell or High Water giving a speech to Jeff Bridges, Texas Ranger. "My family has always been poor, therefore America owes me what I stole." Bridges is amused and could have given a speech that young man Pine and his family will be poor, again, because old man Bridges has got a feeling from long experience.
https://www.imdb.com/title/tt2582782/
Yanno, that's exactly what SIX DOESN'T do: feel entitled and whinge for a handout. That would be BLM and all the other splinter groups you feel "sorry" for.

Your lies: so transparent.
You never saw the movie Hell or High Water, did you? Chris Pine is like every piece of angry poor white trash I know in Texas, except Chris Pine didn't vote for Trump because the movie was made before Trump's run for President. Chris Pine knew, with absolute certainty based on vast ignorance, how he was going to handle the unfairness of the banking system before there was a Trump to look after the little man. Too bad that Chris Pine's brother screwed up the plan by shooting when he shouldn't. There are ways to handle these kind of banking problems Chris Pine faced without expecting the politicians to come to your rescue, but Chris Pine's character, although smart, articulate, and energetic, is not the kind of guy to listen to advice about how the oil business actually works. 6ix is not the kind to listen and learn, either. Guys like Texas Ranger Jeff Bridges know what to do: kill the trigger happy brother and, for Chris Pine who is the brains of the series of bank robberies, get a confession that will put Chris Pine in jail where he belongs. The movie didn't show it, but Jeff Bridges was wearing a wire when Chris Pine explained his motives for robbing banks. It is left to your imagination to discover why Jeff Bridges had a dangerous interview with an armed robber. Bridges was gathering evidence, playing a hunch that Chris Pine was smart enough to not kill a Texas Ranger on Pine's front porch, but dumb enough to explain the crimes to a lawman.

Sometimes sloppysecondsbot details just how clueless it is to such a degree that it practically boggles the imagination, even for those with years of observations.

Still, such a special case. Unfortunately, idiots like this are still allowed to vote, and in Libtard towns, vote thousands of times.

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Monday, October 3, 2022 9:39 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Quote:
Originally posted by JEWELSTAITEFAN:

Sometimes sloppysecondsbot details just how clueless it is to such a degree that it practically boggles the imagination, even for those with years of observations.

Still, such a special case. Unfortunately, idiots like this are still allowed to vote, and in Libtard towns, vote thousands of times.

We could compare tax returns, JewelStaiteFan, in order to discover how much wiser you are than I, but that is as unlikely for you to share IRS Form 1040 as for Trump to share his Form, although he promised to share literally hundreds of times over the years.

It must be Biden's fault: Turkey’s inflation climbed to a new 24-year high of more than 83% for September, the country’s official body for statistics reported Monday.

Turkish President Recep Tayyip Erdogan insists on continuing to cut interest rates rather than raise them — deviating from the conventional way of controlling inflation.

https://www.cnbc.com/2022/10/03/turkey-inflation-hits-83percent-erdoga
n-vows-to-keep-cutting-rates-.html

Erdogan assumed office 28 August 2014. Before being President, Erdogan was Prime Minister from 14 March 2003 – 28 August 2014. The Turks know what they want and Erdogan has been giving it to them for 19 years. Such a capable man he is.

Are Trumptards having trouble staying in the middle class? That would be completely predictable from Trumptards' wacko beliefs in how money works. Turkey has a President who is a wacko about money, so it is completely unsurprising what is happening to Turkey.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Monday, October 3, 2022 9:57 AM

6IXSTRINGJACK

Quote:
Originally posted by second:
Quote:
Originally posted by JEWELSTAITEFAN:

Sometimes sloppysecondsbot details just how clueless it is to such a degree that it practically boggles the imagination, even for those with years of observations.

Still, such a special case. Unfortunately, idiots like this are still allowed to vote, and in Libtard towns, vote thousands of times.
We could compare tax returns, JewelStaiteFan, in order to discover how much wiser you are than I, but that is as unlikely for you to share IRS Form 1040 as for Trump to share his Form, although he promised to share literally hundreds of times over the years.

Oh yeah?

Post yours, bitch.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Tuesday, October 4, 2022 3:37 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

70% of Republicans blame inflation on Joe Biden

Author Kevin Drum, Published on October 4, 2022 – 12:09 pm

https://jabberwocking.com/70-of-republicans-blame-inflation-on-joe-bid
en/

For some unknownable reason, Trump never could do this:
https://www.whitehouse.gov/wp-content/uploads/2022/04/2022-04-15-POTUS
-Redacted-2021-Federal-and-State-Returns.pdf
https://www.whitehouse.gov/briefing-room/disclosures/2022/04/15/the-pr
esident-and-vice-president-release-their-2021-tax-returns/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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Tuesday, October 4, 2022 8:03 PM

JEWELSTAITEFAN

Quote:
Originally posted by second:
70% of Republicans blame inflation on Joe Biden

Author Kevin Drum, Published on October 4, 2022 – 12:09 pm

https://jabberwocking.com/70-of-republicans-blame-inflation-on-joe-bid
en/

For some unknownable reason, Trump never could do this:
https://www.whitehouse.gov/wp-content/uploads/2022/04/2022-04-15-POTUS
-Redacted-2021-Federal-and-State-Returns.pdf
https://www.whitehouse.gov/briefing-room/disclosures/2022/04/15/the-pr
esident-and-vice-president-release-their-2021-tax-returns/

Why does sloppysecondsbot keep insisting on proving that Republicans are always right?

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Tuesday, October 4, 2022 11:06 PM

6IXSTRINGJACK

And here's a little tip...

It's a lot more than 70% of Republicans that blame Joe Biden*.

Nobody is telling the truth with the polling right now after Biden* gave his red background Hitler speech.

Democrats are about to get a pike up their collective asses and they don't even see it coming.

Nancy Pelosi just told idiot Colbert that Dems are going to keep the house.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Thursday, October 6, 2022 9:17 AM

6IXSTRINGJACK

In what turned out to be the least strategic use of the strategic oil reserves, Joe Biden* blew his load a month too early and gas prices shot right back up, close to their peak in little under a week.

Speaking of weak, OPEC+ knows that Joe Biden* is a dumb, old pussy and slashed production right after Joe* ran out of reserves.

Fill up your tanks now. Prices aren't done going up.

Worst President ever.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Wednesday, November 2, 2022 7:03 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

Corporations are marking up their products way beyond the inflation rate

Author Kevin Drum

I came across an old Bloomberg story today that points out something interesting:

A measure of US profit margins has reached its widest since 1950, suggesting that the prices charged by businesses are outpacing their increased costs for production and labor. After-tax profits as a share of gross value added for non-financial corporations....

Wait a second. What's this "after-tax profits as a share of gross value added" business?

In a word, it's a measure of markup, the amount a company charges for its products above and beyond the cost of raw materials and labor. For example, if I can make a widget for $100 and sell it for an average of $150, my markup is 50%. If I raise the price to $160, my markup is 60%.

Unless you can reduce the cost of manufacturing—by buying cheaper parts or paying workers less, which is unlikely these days—the only way to increase your markup is by increasing your selling price. So how about if we take a look at that over time?

First, take a look at the blue line: it represents the total cost of employing somebody, including wages and benefits. Since 2020 it's risen at less than the rate of inflation.

Now look at the red line: it represents after-tax profits as a share of gross value added, aka markup. Before 2020 it rose roughly in line with inflation, but since 2020 it's skyrocketed by more than half (you can see the underlying numbers here). https://fred.stlouisfed.org/graph/?g=VtLa

Corporations are increasing prices with abandon and blaming it on inflation. But it's not because of inflation. It's a cause of inflation. Prices are rising not because of workers, whose income is going up more slowly than inflation, and not only because raw materials are more expensive. It's mainly because companies are raising prices above and beyond that for no special reason except that they can. And all of us are paying the price.

https://jabberwocking.com/corporations-are-marking-up-their-products-f
ar-far-beyond-the-inflation-rate/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

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