I thought Musk was a dem and just recently said he was going to support repubs? So much for the hate because of his party affiliation. The guy's an asshole. Oh, and like POOTWH, he built his successful companies all by himself, right? Taxpayer money and the government didn't do shit for him, right? Sounds like biting the hand that feeds you, to me.
I wonder what the average education level is of POOTWH's $250 million, small dollar donors is?
Probably on par with Jeff, Stone, Mike, Matt, and Ed.
Speaking of Musk, would you consider him an intelligent person who drives innovation and the future, Jobs or Gates like?
Highly unlikely that the band members have given money to a huckster like POOTWH. Street smart, ya know?
Intelligent? Yes. And an asshole. He should go back to bettering humanity and quit his whining and attention seeking. Although I'm not convinced that self-driving, battery powered cars "better humanity." Drives the future? What do you mean? Vacuum tube train travel? Communications satellites so social media can be more persuasive? Jury is still out on those as some believe he's just littering in space. For his amount of wealth, he's hardly been very charitable, unless its his own charity/foundation. Kind of like POOTWH, seeing how we still haven't seen his tax returns.
Part of me thinks he might be somewhat like POOTWH. Birds of a feather and all.
I thought Musk was a dem and just recently said he was going to support repubs? So much for the hate because of his party affiliation. The guy's an asshole. Oh, and like POOTWH, he built his successful companies all by himself, right? Taxpayer money and the government didn't do shit for him, right? Sounds like biting the hand that feeds you, to me.
I wonder what the average education level is of POOTWH's $250 million, small dollar donors is?
Probably on par with Jeff, Stone, Mike, Matt, and Ed.
Speaking of Musk, would you consider him an intelligent person who drives innovation and the future, Jobs or Gates like?
Highly unlikely that the band members have given money to a huckster like POOTWH. Street smart, ya know?
Intelligent? Yes. And an asshole. He should go back to bettering humanity and quit his whining and attention seeking. Although I'm not convinced that self-driving, battery powered cars "better humanity." Drives the future? What do you mean? Vacuum tube train travel? Communications satellites so social media can be more persuasive? Jury is still out on those as some believe he's just littering in space. For his amount of wealth, he's hardly been very charitable, unless its his own charity/foundation. Kind of like POOTWH, seeing how we still haven't seen his tax returns.
Part of me thinks he might be somewhat like POOTWH. Birds of a feather and all.
Practical intelligence is not usually used to determine one’s education, as it is more or less based in experience. I don’t think that was what you were getting at when questioning the average education level.
Back to Musk. Seems once his party affiliation changed, coincidentally, your view of him did as well. Proving it most definitely plays a part in the “hate” or sudden influx of negative opinions one garners when professing their political allegiance.
You ever been around really, really smart people? Like intelligent? And I don’t mean like “life is like a box of chocolates” intelligent. Like people who drive innovation and the future, like Steve Jobs, Bill Gates, Elon Musk intelligent?
-Halifax2TheMax
Perhaps you could shed some light on what "drives the future" means?
I thought Musk was a dem and just recently said he was going to support repubs? So much for the hate because of his party affiliation. The guy's an asshole. Oh, and like POOTWH, he built his successful companies all by himself, right? Taxpayer money and the government didn't do shit for him, right? Sounds like biting the hand that feeds you, to me.
I wonder what the average education level is of POOTWH's $250 million, small dollar donors is?
Probably on par with Jeff, Stone, Mike, Matt, and Ed.
Speaking of Musk, would you consider him an intelligent person who drives innovation and the future, Jobs or Gates like?
Highly unlikely that the band members have given money to a huckster like POOTWH. Street smart, ya know?
Intelligent? Yes. And an asshole. He should go back to bettering humanity and quit his whining and attention seeking. Although I'm not convinced that self-driving, battery powered cars "better humanity." Drives the future? What do you mean? Vacuum tube train travel? Communications satellites so social media can be more persuasive? Jury is still out on those as some believe he's just littering in space. For his amount of wealth, he's hardly been very charitable, unless its his own charity/foundation. Kind of like POOTWH, seeing how we still haven't seen his tax returns.
Part of me thinks he might be somewhat like POOTWH. Birds of a feather and all.
Practical intelligence is not usually used to determine one’s education, as it is more or less based in experience. I don’t think that was what you were getting at when questioning the average education level.
Back to Musk. Seems once his party affiliation changed, coincidentally, your view of him did as well. Proving it most definitely plays a part in the “hate” or sudden influx of negative opinions one garners when professing their political allegiance.
You ever been around really, really smart people? Like intelligent? And I don’t mean like “life is like a box of chocolates” intelligent. Like people who drive innovation and the future, like Steve Jobs, Bill Gates, Elon Musk intelligent?
-Halifax2TheMax
Perhaps you could shed some light on what "drives the future" means?
That drive of innovation doesn’t exclude one from being an asshole. I know this from personal experience. Regarding Elon’s contributions, I don’t really consider them as you described them, something about benefiting humanity, and he certainly hasn’t done it on his own without government subsidies and contracts. I’ve always thought Elon was an asshole and my description of him above is regardless of his political affiliation and driver of innovation.
As for “average education level” one can parse POOTWH voting districts with census data if one cares to know. There’s a reason repubs belittle formal education. You can’t spell repubs without rubes.
I thought Musk was a dem and just recently said he was going to support repubs? So much for the hate because of his party affiliation. The guy's an asshole. Oh, and like POOTWH, he built his successful companies all by himself, right? Taxpayer money and the government didn't do shit for him, right? Sounds like biting the hand that feeds you, to me.
I wonder what the average education level is of POOTWH's $250 million, small dollar donors is?
Probably on par with Jeff, Stone, Mike, Matt, and Ed.
Speaking of Musk, would you consider him an intelligent person who drives innovation and the future, Jobs or Gates like?
Highly unlikely that the band members have given money to a huckster like POOTWH. Street smart, ya know?
Intelligent? Yes. And an asshole. He should go back to bettering humanity and quit his whining and attention seeking. Although I'm not convinced that self-driving, battery powered cars "better humanity." Drives the future? What do you mean? Vacuum tube train travel? Communications satellites so social media can be more persuasive? Jury is still out on those as some believe he's just littering in space. For his amount of wealth, he's hardly been very charitable, unless its his own charity/foundation. Kind of like POOTWH, seeing how we still haven't seen his tax returns.
Part of me thinks he might be somewhat like POOTWH. Birds of a feather and all.
Practical intelligence is not usually used to determine one’s education, as it is more or less based in experience. I don’t think that was what you were getting at when questioning the average education level.
Back to Musk. Seems once his party affiliation changed, coincidentally, your view of him did as well. Proving it most definitely plays a part in the “hate” or sudden influx of negative opinions one garners when professing their political allegiance.
You ever been around really, really smart people? Like intelligent? And I don’t mean like “life is like a box of chocolates” intelligent. Like people who drive innovation and the future, like Steve Jobs, Bill Gates, Elon Musk intelligent?
-Halifax2TheMax
Perhaps you could shed some light on what "drives the future" means?
That drive of innovation doesn’t exclude one from being an asshole. I know this from personal experience. Regarding Elon’s contributions, I don’t really consider them as you described them, something about benefiting humanity, and he certainly hasn’t done it on his own without government subsidies and contracts. I’ve always thought Elon was an asshole and my description of him above is regardless of his political affiliation and driver of innovation.
As for “average education level” one can parse POOTWH voting districts with census data if one cares to know. There’s a reason repubs belittle formal education. You can’t spell repubs without rubes.
Nice try.
Nice try? I have provided exactly zero comments on musks contributions to humanity or how he may or may not have achieved them. I simply pointed out an example of how prior to him changing his political affiliation your written views made no mention of him being an asshole, in fact they seemed to place him in high regard. It seems you belittle those who lack formal education, unless they make good music, of course. You’re exhausting, if you want to engage at least try to read what the person has written before responding.
I thought Musk was a dem and just recently said he was going to support repubs? So much for the hate because of his party affiliation. The guy's an asshole. Oh, and like POOTWH, he built his successful companies all by himself, right? Taxpayer money and the government didn't do shit for him, right? Sounds like biting the hand that feeds you, to me.
I wonder what the average education level is of POOTWH's $250 million, small dollar donors is?
Probably on par with Jeff, Stone, Mike, Matt, and Ed.
Speaking of Musk, would you consider him an intelligent person who drives innovation and the future, Jobs or Gates like?
Highly unlikely that the band members have given money to a huckster like POOTWH. Street smart, ya know?
Intelligent? Yes. And an asshole. He should go back to bettering humanity and quit his whining and attention seeking. Although I'm not convinced that self-driving, battery powered cars "better humanity." Drives the future? What do you mean? Vacuum tube train travel? Communications satellites so social media can be more persuasive? Jury is still out on those as some believe he's just littering in space. For his amount of wealth, he's hardly been very charitable, unless its his own charity/foundation. Kind of like POOTWH, seeing how we still haven't seen his tax returns.
Part of me thinks he might be somewhat like POOTWH. Birds of a feather and all.
Practical intelligence is not usually used to determine one’s education, as it is more or less based in experience. I don’t think that was what you were getting at when questioning the average education level.
Back to Musk. Seems once his party affiliation changed, coincidentally, your view of him did as well. Proving it most definitely plays a part in the “hate” or sudden influx of negative opinions one garners when professing their political allegiance.
You ever been around really, really smart people? Like intelligent? And I don’t mean like “life is like a box of chocolates” intelligent. Like people who drive innovation and the future, like Steve Jobs, Bill Gates, Elon Musk intelligent?
-Halifax2TheMax
Perhaps you could shed some light on what "drives the future" means?
That drive of innovation doesn’t exclude one from being an asshole. I know this from personal experience. Regarding Elon’s contributions, I don’t really consider them as you described them, something about benefiting humanity, and he certainly hasn’t done it on his own without government subsidies and contracts. I’ve always thought Elon was an asshole and my description of him above is regardless of his political affiliation and driver of innovation.
As for “average education level” one can parse POOTWH voting districts with census data if one cares to know. There’s a reason repubs belittle formal education. You can’t spell repubs without rubes.
Nice try.
Nice try? I have provided exactly zero comments on musks contributions to humanity or how he may or may not have achieved them. I simply pointed out an example of how prior to him changing his political affiliation your written views made no mention of him being an asshole, in fact they seemed to place him in high regard. It seems you belittle those who lack formal education, unless they make good music, of course. You’re exhausting, if you want to engage at least try to read what the person has written before responding.
Because I listed Elon with other innovative types I hold him in high regard?
Do you think I hold Bill Gates in high regard? For the record, I don’t know his political affiliation. How about Jeff Bezos? I think he’s a dem or at least maybe because he owns the WaPo but he’s an asshole too. Steve Jobs? What was his political affiliation for I don’t know. Was he an asshole? No, I don’t think so. He had assholish tendencies but he wasn’t one 24/7.
Other than listing Elon with other innovative types, how have I exhibited this “high regard” I supposedly hold for the man? Conversely, what other praise have I heaped on the guy? And am I not allowed to change my opinion of someone based on whatever, including political affiliation?
Like I said, nice try for thinking you know my motivations.
More than anything I am always awestruck by the absolute sensitive need to defend a multi-billionaire with some "WELL AKSCHUALLY"s. It's both mind-boggling and breathtaking at the same time.
Equally mind-boggling is the need to hate people who build successful companies.
It only comes down to politics. I hate Musk because he’s a republican! I hate Gates because he’s a liberal!! Everything boils down to politics. Everything. Going to college, celebrities, successful business owners, Goya , what color the person is who’s doing the shooting, what gun was used… the list goes on and on and on. It’s exhausting.
Embarrassing
or, people act like attention seeking douchebags like musk, and 50% of us are going to hate him. i don't care about his politics. he is a fucking dimestore kardashian. i am sick of hearing about him every day.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.- Hemingway
Sure, profits and greed aren’t part of the inflation problem. Sure. From Letter From an American:
Oil companies are seeing huge profits and are using the money for stock buybacks to raise stock prices. BP, Shell, ExxonMobil, Chevron, TotalEnergies, Eni, and Equinor will give between $38 and $41 billion to shareholders through buyback programs this year. As EOG Resources wrote to its shareholders: “2021 was a record-setting year for EOG. We earned record net income of $4.7 billion, generated a record $5.5 billion of free cash flow, which funded record cash return of $2.7 billion to shareholders. We doubled our regular dividend rate and paid two special dividends, paying out about 30% of cash from operations…. This period of high oil prices allows us to further bolster the balance sheet. To support our renewed $5 billion buyback authorization and prepare to take advantage of other countercyclical opportunities, we plan to build and carry a higher cash balance going forward….”
But congressional Republicans appear uninterested in adjusting the disjunction between supply and demand that is creating such high consumer prices. In May the House passed the Consumer Fuel Price Gouging Prevention Act by a vote of 217 to 207 with only Democrats in the yes column and all Republicans and four Democrats voting no. The bill provided a vague warning that it is unlawful to charge “unconscionably excessive” prices for consumer fuel during presidentially declared energy emergencies, and it gave the Federal Trade Commission more power to punish price gouging.
The Senate has not moved forward with the bill. Republicans there can kill it with the filibuster and will do so, despite the fact that a Morning Consult/Politico poll shows that 77% of registered voters—including 76% of Republicans—like such a measure. Only 13% of voters outright oppose such a law (10% have no opinion).
In addition to Biden’s measures to ease oil prices, lawmakers are trying to curb inflation by imposing the sorts of limits on carrier prices that they refuse to on oil prices.
On Monday the House passed the Ocean Shipping Reform Act of 2022 to hamper unfair business practices among shipping carriers. The measure passed the Senate in March. Although the bills were introduced by Democrats, the votes that passed them were bipartisan, reflecting, perhaps, that the nine shipping companies that dominate the world market are multinational rather than domestic. According to Representative John Garamendi (D-CA), shippers have raised prices on U.S. businesses and consumers by more than 1000% on goods coming from Asia, enabling them to make $190 billion in profits last year, a sevenfold increase in one year. This bill, he said, “will help crush inflation and protect American jobs.” Biden has praised the bill and promises to sign it.
I'm also certain the the war in Ukraine has contributed a fair share to the issue with the price of oil and grains.
I'm also sure that the $ trump and then Biden gave away to people who didn't need it during the pandemic plays a big part.
I'm also inclined to believe that the talk of getting rid of all fossil fuel has lead to companies in that area behaving differently then they had...driving cost up and inflation.
I'm also inclined to believe the talk of minimum wage and the class war that Biden wants has effected the work place and help create labor shortages...driving up costs and inflation. This one was easy to see.
There are a lot of factors. I wish in our politics people could own up to all the factors rather than always try and deflect. Will never solve the problem the quickest/best way in that environment.
I'm also certain the the war in Ukraine has contributed a fair share to the issue with the price of oil and grains.
I'm also sure that the $ trump and then Biden gave away to people who didn't need it during the pandemic plays a big part.
I'm also inclined to believe that the talk of getting rid of all fossil fuel has lead to companies in that area behaving differently then they had...driving cost up and inflation.
I'm also inclined to believe the talk of minimum wage and the class war that Biden wants has effected the work place and help create labor shortages...driving up costs and inflation. This one was easy to see.
There are a lot of factors. I wish in our politics people could own up to all the factors rather than always try and deflect. Will never solve the problem the quickest/best way in that environment.
Stop…. I’m positive if Trump was in office, we’d still have articles being posted here how inflation isn’t his fault. We don’t like him but gas and inflation is not on him. I could definitely see those posts here. Definitely. Sure.
I'm also certain the the war in Ukraine has contributed a fair share to the issue with the price of oil and grains.
I'm also sure that the $ trump and then Biden gave away to people who didn't need it during the pandemic plays a big part.
I'm also inclined to believe that the talk of getting rid of all fossil fuel has lead to companies in that area behaving differently then they had...driving cost up and inflation.
I'm also inclined to believe the talk of minimum wage and the class war that Biden wants has effected the work place and help create labor shortages...driving up costs and inflation. This one was easy to see.
There are a lot of factors. I wish in our politics people could own up to all the factors rather than always try and deflect. Will never solve the problem the quickest/best way in that environment.
Stop…. I’m positive if Trump was in office, we’d still have articles being posted here how inflation isn’t his fault. We don’t like him but gas and inflation is not on him. I could definitely see those posts here. Definitely. Sure.
Honestly, these issues would be playing second fiddle to the daily circus of other crazy shit Trump would be doing because that's how he is and how he led (or didn't really lead). I think it's all mostly on the Congress and Senate at this point. Trump said a lot of stupid shit, but he really couldn't do much without that fuck McConnell or his crazy advisors following through. The biggest problem with Trump was who he put in positions of power within his admin. Corruption was just part of the day-to-day, so yeah, at the end of the day not only would we have high inflation, but the rest would be going in the shitter as well. I don't think Biden is doing a good or bad job, just so-so. He has had some stumbles for sure and I don't know what any president could do about the current global issues impacting prices and supply. I definitely feel better about Biden being in the WH, for whatever that's worth.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
What else is a member of Congress, a POTUS or anyone elected to public office, other than a politician? That's typically what you call people who run for office.
"Joe was never the solution to our real problems..........." Who is? If you could insert anyone to take Joe's place with a snap of your fingers, who would it be? And you can't pick a politician.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
I’m not on social media. I’d appreciate if you’d keep me out of your posts or address me directly.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
I’m not on social media. I’d appreciate if you’d keep me out of your posts or address me directly.
I'd say the board definitely falls under the realm of social media. And if your perception is what's said here then I'd say that's even much more narrowed and myopic than one would even get on many platforms. And, man, I can't think of anything more direct than addressing you by name. Shall I DM you next time?
What else is a member of Congress, a POTUS or anyone elected to public office, other than a politician? That's typically what you call people who run for office.
"Joe was never the solution to our real problems..........." Who is? If you could insert anyone to take Joe's place with a snap of your fingers, who would it be? And you can't pick a politician.
I should have stated a run of the mill politician....but I think you know what I meant. Career politician. Doesn't make someone bad but it's a red flag. And his a politician from a past generation...time for them to move on and get out of the way. In addition to term limits, there should be an age limit.
To answer your question I would have to look into people's background's a lot more. Certainly not an egomaniac dictator of a business leader. But I am sure there are plenty of great leader out there in the business world or leading other organizations that could do a much better job than Joe.
Anyhow - back to the stock market where Joe blames Wall St and thinks unions are the answer. The answer for what? The answer for already rising wages and benefits? The answer for a job market that lacks people? He ain't even trying to solve the right problem.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
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brianlux
Moving through All Kinds of Terrain. Posts: 40,725
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
I’m not on social media. I’d appreciate if you’d keep me out of your posts or address me directly.
I'd say the board definitely falls under the realm of social media. And if your perception is what's said here then I'd say that's even much more narrowed and myopic than one would even get on many platforms. And, man, I can't think of anything more direct than addressing you by name. Shall I DM you next time?
If that's the case, then we're all in "the social media hole". Jesus man, let up. That was totally inappropriate.
“The fear of death follows from the fear of life. A man [or woman] who lives fully is prepared to die at any time.”
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
I mean you said so so it must be true. I know they've been trying to increase minimum wage, very much class warfare I guess. I saw ol Joe tweeted about unions today and the minimum wage. Is that the class warfare you're referring?
In more related news, Fed hike coming of 75 bp. That's a big deal.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
I mean you said so so it must be true. I know they've been trying to increase minimum wage, very much class warfare I guess. I saw ol Joe tweeted about unions today and the minimum wage. Is that the class warfare you're referring?
In more related news, Fed hike coming of 75 bp. That's a big deal.
Well I mean it fits the definition...but it's cuter to just say stuff like "I mean if you said so so it must be true".
And yes the rate hike is a huge deal. As I have been reading, many feel the fed has been acting too slow to avoid a recession from their now actions to curb inflation. They mentioned expecting another point over the course of the year. Seems like many think this will certainly curb inflation and just wondering how low and how long the recession it triggers goes/lasts.
Unions and minimum wage are defined as class warfare? Just trying to confirm this
Rate hikes are basically the Fed's only weapon against inflation. Should see stocks take a hit as well, and people with any credit card debt will see it come their way, too.
Of note: we're not in a recession, at least not yet.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
I mean you said so so it must be true. I know they've been trying to increase minimum wage, very much class warfare I guess. I saw ol Joe tweeted about unions today and the minimum wage. Is that the class warfare you're referring?
In more related news, Fed hike coming of 75 bp. That's a big deal.
Well I mean it fits the definition...but it's cuter to just say stuff like "I mean if you said so so it must be true".
And yes the rate hike is a huge deal. As I have been reading, many feel the fed has been acting too slow to avoid a recession from their now actions to curb inflation. They mentioned expecting another point over the course of the year. Seems like many think this will certainly curb inflation and just wondering how low and how long the recession it triggers goes/lasts.
Bring on the recession. It's time.
Hey @EdsonNascimento remind me again what I think a recession is please!
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
I mean you said so so it must be true. I know they've been trying to increase minimum wage, very much class warfare I guess. I saw ol Joe tweeted about unions today and the minimum wage. Is that the class warfare you're referring?
In more related news, Fed hike coming of 75 bp. That's a big deal.
Well I mean it fits the definition...but it's cuter to just say stuff like "I mean if you said so so it must be true".
And yes the rate hike is a huge deal. As I have been reading, many feel the fed has been acting too slow to avoid a recession from their now actions to curb inflation. They mentioned expecting another point over the course of the year. Seems like many think this will certainly curb inflation and just wondering how low and how long the recession it triggers goes/lasts.
Bring on the recession. It's time.
Hey @EdsonNascimento remind me again what I think a recession is please!
A recession isn;t necessarily bad...but how low do you think it will go and how long will it last?
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
I mean you said so so it must be true. I know they've been trying to increase minimum wage, very much class warfare I guess. I saw ol Joe tweeted about unions today and the minimum wage. Is that the class warfare you're referring?
In more related news, Fed hike coming of 75 bp. That's a big deal.
Well I mean it fits the definition...but it's cuter to just say stuff like "I mean if you said so so it must be true".
And yes the rate hike is a huge deal. As I have been reading, many feel the fed has been acting too slow to avoid a recession from their now actions to curb inflation. They mentioned expecting another point over the course of the year. Seems like many think this will certainly curb inflation and just wondering how low and how long the recession it triggers goes/lasts.
Bring on the recession. It's time.
Hey @EdsonNascimento remind me again what I think a recession is please!
Just to challenge you on this - why would you think it's time? If anything this is like worst case scenario right now. We needed the Fed to start hiking rates a loooonnnng time ago and now they're going to be in uncharted territory because of it. At least they're finally doing it. But unless they start hiking very high very soon, and very quickly, then there's no runway left to drop the rate when you're actually in a recession.
Note: ironic, also, because we may go into a recession because of the rate hikes.
IMO I don't think there will be a recession though, but that's just me.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
I mean you said so so it must be true. I know they've been trying to increase minimum wage, very much class warfare I guess. I saw ol Joe tweeted about unions today and the minimum wage. Is that the class warfare you're referring?
In more related news, Fed hike coming of 75 bp. That's a big deal.
Well I mean it fits the definition...but it's cuter to just say stuff like "I mean if you said so so it must be true".
And yes the rate hike is a huge deal. As I have been reading, many feel the fed has been acting too slow to avoid a recession from their now actions to curb inflation. They mentioned expecting another point over the course of the year. Seems like many think this will certainly curb inflation and just wondering how low and how long the recession it triggers goes/lasts.
Bring on the recession. It's time.
Hey @EdsonNascimento remind me again what I think a recession is please!
Just to challenge you on this - why would you think it's time? If anything this is like worst case scenario right now. We needed the Fed to start hiking rates a loooonnnng time ago and now they're going to be in uncharted territory because of it. At least they're finally doing it. But unless they start hiking very high very soon, and very quickly, then there's no runway left to drop the rate when you're actually in a recession.
IMO I don't think there will be a recession though, but that's just me.
I love the dropping of accusations or is it claims or maybe "statements," and when asked for details or facts to back said accusations, claims, or statements, its crickets. But the buzz words sure are plentiful. Or maybe thoughts haven't been thought through?
And damn do I not want to "assume" what anyone "means" around these here parts.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
I mean you said so so it must be true. I know they've been trying to increase minimum wage, very much class warfare I guess. I saw ol Joe tweeted about unions today and the minimum wage. Is that the class warfare you're referring?
In more related news, Fed hike coming of 75 bp. That's a big deal.
Well I mean it fits the definition...but it's cuter to just say stuff like "I mean if you said so so it must be true".
And yes the rate hike is a huge deal. As I have been reading, many feel the fed has been acting too slow to avoid a recession from their now actions to curb inflation. They mentioned expecting another point over the course of the year. Seems like many think this will certainly curb inflation and just wondering how low and how long the recession it triggers goes/lasts.
Bring on the recession. It's time.
Hey @EdsonNascimento remind me again what I think a recession is please!
A recession isn;t necessarily bad...but how low do you think it will go and how long will it last?
Well I'm not sure I can predict those, but I think unemployment creeping to 5.5% would not be a bad thing. It is extraordinarily difficult to hire right now, I can tell you that. We hire people and they never show. I've never seen anything like this in 25 years.
The market is in bear territory now, so we're there. I think the Fed can manage the landing softly. Between quantitative easing, interest rates and other monetary tools, I think they can manage a recession better than inflation.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
I mean you said so so it must be true. I know they've been trying to increase minimum wage, very much class warfare I guess. I saw ol Joe tweeted about unions today and the minimum wage. Is that the class warfare you're referring?
In more related news, Fed hike coming of 75 bp. That's a big deal.
Well I mean it fits the definition...but it's cuter to just say stuff like "I mean if you said so so it must be true".
And yes the rate hike is a huge deal. As I have been reading, many feel the fed has been acting too slow to avoid a recession from their now actions to curb inflation. They mentioned expecting another point over the course of the year. Seems like many think this will certainly curb inflation and just wondering how low and how long the recession it triggers goes/lasts.
Bring on the recession. It's time.
Hey @EdsonNascimento remind me again what I think a recession is please!
Just to challenge you on this - why would you think it's time? If anything this is like worst case scenario right now. We needed the Fed to start hiking rates a loooonnnng time ago and now they're going to be in uncharted territory because of it. At least they're finally doing it. But unless they start hiking very high very soon, and very quickly, then there's no runway left to drop the rate when you're actually in a recession.
IMO I don't think there will be a recession though, but that's just me.
Why do you not think there will be a recession?
I edited my response above, but I just don't see it. Though I could see the very tool to fight inflation to end up causing a recession. If Covid blows up again massively then I think there will be a recession, or if Russia plans to go to war with the world and China goes after Taiwan, that kind of stuff. But outside of that, the labor market is too hot, all the fundamentals that were pointing in the wrong direction last time (housing) are strong this time and not in that territory. I just don't see it. The only thing that could do is if things like credit card debt and student loans all of a sudden are so far out of swing that they bankrupt people. And at least I don't think that's currently the issue.
And I think once China gets humming again with shipping, since edit: sorry Shaghai opened back up, that's a plus.
T what? Biden wants a class war? That's news to me!
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
Yup and he is tweeting about it all day today again. He is nothing but a politician, always looking who else to blame for their issues. Joe was never the solution to our real problems, he is part of it. Just was a solution to the bat shit crazy GOP of today.
OK more than anything I'm here for the class warfare and I'm still shocked to hear he's the one carrying it out. Good ol' middle of the road Joe is now a leading revolutionary of class warfare. Again, news to me.
It's become the Dems platform. Surprised you didn't know that already.
I mean you said so so it must be true. I know they've been trying to increase minimum wage, very much class warfare I guess. I saw ol Joe tweeted about unions today and the minimum wage. Is that the class warfare you're referring?
In more related news, Fed hike coming of 75 bp. That's a big deal.
Well I mean it fits the definition...but it's cuter to just say stuff like "I mean if you said so so it must be true".
And yes the rate hike is a huge deal. As I have been reading, many feel the fed has been acting too slow to avoid a recession from their now actions to curb inflation. They mentioned expecting another point over the course of the year. Seems like many think this will certainly curb inflation and just wondering how low and how long the recession it triggers goes/lasts.
Bring on the recession. It's time.
Hey @EdsonNascimento remind me again what I think a recession is please!
Just to challenge you on this - why would you think it's time? If anything this is like worst case scenario right now. We needed the Fed to start hiking rates a loooonnnng time ago and now they're going to be in uncharted territory because of it. At least they're finally doing it. But unless they start hiking very high very soon, and very quickly, then there's no runway left to drop the rate when you're actually in a recession.
IMO I don't think there will be a recession though, but that's just me.
Why do you not think there will be a recession?
I edited my response above, but I just don't see it. Though I could see the very tool to fight inflation to end up causing a recession. If Covid blows up again massively then I think there will be a recession, or if Russia plans to go to war with the world and China goes after Taiwan, that kind of stuff. But outside of that, the labor market is too hot, all the fundamentals that were pointing in the wrong direction last time (housing) are strong this time and not in that territory. I just don't see it. The only thing that could do is if things like credit card debt and student loans all of a sudden are so far out of swing that they bankrupt people. And at least I don't think that's currently the issue.
And I think once China gets humming again with shipping, since edit: sorry Shaghai opened back up, that's a plus.
I can tell you affirmatively that banks are increasing reserves and preparing for higher delinquencies and faster roll rates. Higher interest rates are coming thru the LIBOR and prime + terms.
I think we're a lock for a technical recession. How painful it will be is TBD. And you're right, the tool of 3/4 pt is such a blunt instrument, I think it will cause a recession.
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Intelligent? Yes. And an asshole. He should go back to bettering humanity and quit his whining and attention seeking. Although I'm not convinced that self-driving, battery powered cars "better humanity." Drives the future? What do you mean? Vacuum tube train travel? Communications satellites so social media can be more persuasive? Jury is still out on those as some believe he's just littering in space. For his amount of wealth, he's hardly been very charitable, unless its his own charity/foundation. Kind of like POOTWH, seeing how we still haven't seen his tax returns.
Part of me thinks he might be somewhat like POOTWH. Birds of a feather and all.
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As for “average education level” one can parse POOTWH voting districts with census data if one cares to know. There’s a reason repubs belittle formal education. You can’t spell repubs without rubes.
Nice try.
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Do you think I hold Bill Gates in high regard? For the record, I don’t know his political affiliation. How about Jeff Bezos? I think he’s a dem or at least maybe because he owns the WaPo but he’s an asshole too. Steve Jobs? What was his political affiliation for I don’t know. Was he an asshole? No, I don’t think so. He had assholish tendencies but he wasn’t one 24/7.
Other than listing Elon with other innovative types, how have I exhibited this “high regard” I supposedly hold for the man? Conversely, what other praise have I heaped on the guy? And am I not allowed to change my opinion of someone based on whatever, including political affiliation?
Like I said, nice try for thinking you know my motivations.
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"Well, you tell him that I don't talk to suckas."
Oil companies are seeing huge profits and are using the money for stock buybacks to raise stock prices. BP, Shell, ExxonMobil, Chevron, TotalEnergies, Eni, and Equinor will give between $38 and $41 billion to shareholders through buyback programs this year. As EOG Resources wrote to its shareholders: “2021 was a record-setting year for EOG. We earned record net income of $4.7 billion, generated a record $5.5 billion of free cash flow, which funded record cash return of $2.7 billion to shareholders. We doubled our regular dividend rate and paid two special dividends, paying out about 30% of cash from operations…. This period of high oil prices allows us to further bolster the balance sheet. To support our renewed $5 billion buyback authorization and prepare to take advantage of other countercyclical opportunities, we plan to build and carry a higher cash balance going forward….”
But congressional Republicans appear uninterested in adjusting the disjunction between supply and demand that is creating such high consumer prices. In May the House passed the Consumer Fuel Price Gouging Prevention Act by a vote of 217 to 207 with only Democrats in the yes column and all Republicans and four Democrats voting no. The bill provided a vague warning that it is unlawful to charge “unconscionably excessive” prices for consumer fuel during presidentially declared energy emergencies, and it gave the Federal Trade Commission more power to punish price gouging.
The Senate has not moved forward with the bill. Republicans there can kill it with the filibuster and will do so, despite the fact that a Morning Consult/Politico poll shows that 77% of registered voters—including 76% of Republicans—like such a measure. Only 13% of voters outright oppose such a law (10% have no opinion).
In addition to Biden’s measures to ease oil prices, lawmakers are trying to curb inflation by imposing the sorts of limits on carrier prices that they refuse to on oil prices.
On Monday the House passed the Ocean Shipping Reform Act of 2022 to hamper unfair business practices among shipping carriers. The measure passed the Senate in March. Although the bills were introduced by Democrats, the votes that passed them were bipartisan, reflecting, perhaps, that the nine shipping companies that dominate the world market are multinational rather than domestic. According to Representative John Garamendi (D-CA), shippers have raised prices on U.S. businesses and consumers by more than 1000% on goods coming from Asia, enabling them to make $190 billion in profits last year, a sevenfold increase in one year. This bill, he said, “will help crush inflation and protect American jobs.” Biden has praised the bill and promises to sign it.
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I'm also certain the the war in Ukraine has contributed a fair share to the issue with the price of oil and grains.
I'm also sure that the $ trump and then Biden gave away to people who didn't need it during the pandemic plays a big part.
I'm also inclined to believe that the talk of getting rid of all fossil fuel has lead to companies in that area behaving differently then they had...driving cost up and inflation.
I'm also inclined to believe the talk of minimum wage and the class war that Biden wants has effected the work place and help create labor shortages...driving up costs and inflation. This one was easy to see.
There are a lot of factors. I wish in our politics people could own up to all the factors rather than always try and deflect. Will never solve the problem the quickest/best way in that environment.
Also, if our boy nicky got out of his social media hole they'd see that - surprisingly, if you can believe this - inflation isn't just happening in the United States. But politics!
"Joe was never the solution to our real problems..........." Who is? If you could insert anyone to take Joe's place with a snap of your fingers, who would it be? And you can't pick a politician.
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To answer your question I would have to look into people's background's a lot more. Certainly not an egomaniac dictator of a business leader. But I am sure there are plenty of great leader out there in the business world or leading other organizations that could do a much better job than Joe.
Anyhow - back to the stock market where Joe blames Wall St and thinks unions are the answer. The answer for what? The answer for already rising wages and benefits? The answer for a job market that lacks people? He ain't even trying to solve the right problem.
If that's the case, then we're all in "the social media hole". Jesus man, let up. That was totally inappropriate.
In more related news, Fed hike coming of 75 bp. That's a big deal.
And yes the rate hike is a huge deal. As I have been reading, many feel the fed has been acting too slow to avoid a recession from their now actions to curb inflation. They mentioned expecting another point over the course of the year. Seems like many think this will certainly curb inflation and just wondering how low and how long the recession it triggers goes/lasts.
Rate hikes are basically the Fed's only weapon against inflation. Should see stocks take a hit as well, and people with any credit card debt will see it come their way, too.
Of note: we're not in a recession, at least not yet.
Hey @EdsonNascimento remind me again what I think a recession is please!
Note: ironic, also, because we may go into a recession because of the rate hikes.
IMO I don't think there will be a recession though, but that's just me.
And damn do I not want to "assume" what anyone "means" around these here parts.
Libtardaplorable©. And proud of it.
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The market is in bear territory now, so we're there. I think the Fed can manage the landing softly. Between quantitative easing, interest rates and other monetary tools, I think they can manage a recession better than inflation.
And I think once China gets humming again with shipping, since edit: sorry Shaghai opened back up, that's a plus.
I think we're a lock for a technical recession. How painful it will be is TBD. And you're right, the tool of 3/4 pt is such a blunt instrument, I think it will cause a recession.