October 13, 20224 yr 3 hours ago, DaEagles4Life said: lol… This is what the WH has resorted to. Good luck with that.
October 13, 20224 yr Careful, the board Libertarians might be forced to counter with completely irrelevant memes.
October 13, 20224 yr 50 minutes ago, DaEagles4Life said: Dimon's been saying this consistently for a while, and he's 100% right. Smacked one of the idiots in Congress over it.
October 13, 20224 yr 9 hours ago, The Norseman said: CPI number came in hot again today and that's with gasoline falling in Sept. Now fuel costs are on the rise again and may break through previous highs by year end. Buckle up. The good news is that retailers are overstocked for the holiday season, so expect lower prices on gift items like electronics and clothing. The bad news is they all massively cut orders, so there will probably be shortages down the line.
October 13, 20224 yr If you can't sell them, collect the insurance. Brownstown Police Lt. Andrew Starzec told Fox News Digital that it was too early to tell whether the thefts on Wednesday evening were part of a larger car theft ring that has targeted that same assembly plant and others in the Detroit area. Four Mustangs were stolen out of the same assembly plant on Tuesday evening, and a dozen Mustangs were stolen there last month, according to Fox 2 Detroit.
October 14, 20224 yr 17 hours ago, The_Omega said: Careful, the board Libertarians might be forced to counter with completely irrelevant memes.
October 14, 20224 yr On 10/13/2022 at 9:45 AM, Bacarty2 said: cant wait to see the faces and comments when people start filling up there oil/propane heaters in the next couple weeks They really shouldn't have waited. I filled up last month and timed it perfectly, got it at $3.879. My buddy who is a hopeless conspiracy theorist kept telling me about how he thought prices would keep dropping until Election Day and then mysteriously start rising again after the midterms. I basically said that it was the time of year when heating oil typically spikes in response to demand as the weather changes, but also that the situation in Europe was likely to exacerbate this. I had to check back with a couple of weeks ago, after oil had gone up over a full dollar per gallon since I bought it in mid-September. He again spouted off some nonsense about the prices were "gonna go up right after midterms like I said." I was like, "ummm, dude, they've been going up for the last three weeks, and midterms are still a month away, so I think that theory failed." Then he just deflected "At least they have something to blame it on," referring to OPEC. Some people just can't help themselves. I just was trying to save this guy money by telling him it was time to buy, but he just kept digging in on conspiratorial nonsense. I told him that it'll probably reach $6 a gallon this winter, and we're already close. This guy will pay probably close to $600 more to fill up his tank now, but even though I tried helping him strategize, I'm sure he'll blame it on the government. Word of advice is to try to always buy your oil between May and September, if you can. I've found that heating oil prices are highly seasonal, but global affairs are making that much worse right now.
October 16, 20224 yr ‘America is going to shut down if we shut down’: The Mississippi River’s water levels are near record lows, and it’s wreaking havoc on one of the U.S.’s most critical supply chains Fri, October 14, 2022 at 4:43 PM Traffic jams and stuck barges are clogging up a critical artery of the U.S. economy, as a prolonged drought pushes the Mississippi River’s water levels to near-record lows. Around 500 million tons of supplies are ferried along the Mississippi River every year with trade value worth $130 billion, according to the Port of New Orleans, mainly agricultural products, like corn and soybeans, along with fuel products. The Mississippi River Basin produces more than 90% of U.S. agricultural exports, according to the National Park Service, and nearly 80% of the world’s grain exports. But all that is coming to a standstill amid historic drought conditions that are making the river untraversable for most shipping barges. River levels are now at their lowest level in a decade after historically low rainfall in recent months, becoming the latest supply-chain snag to hit the U.S. "America is going to shut down if we shut down,” Mike Ellis, CEO of American Commercial Barge Line in Indiana, told the Wall Street Journal this week.
October 18, 20223 yr 9 hours ago, The_Omega said: If Biden is the inflation king, then he is also the job creation king. I don’t believe he is either but if you believe one you have to believe the other. Notice too that inflation started its upward trend during the Trump admin
October 19, 20223 yr Biden is draining the SPR yet again — up to 15M barrels — for purely political purposes right before the midterms. Meanwhile we need more refining and production capacity along with financing of those projects which, of course, his party fights to the death at every turn. We better not have a real emergency, like a ME crisis or the escalation of a war. Because we are digging ourselves into a very vulnerable position.
October 19, 20223 yr Inflation has given businesses an opportunity to test for market resistance to price hikes. It's not surprising.
October 19, 20223 yr 2 hours ago, mr_hunt said: Yeah. Companies exist to make as much money as possible. It is the entire goal of their existence. My God the left is pathetically ignorant of economics.
October 19, 20223 yr 18 hours ago, mr_hunt said: More charts: 16 hours ago, vikas83 said: Yeah. Companies exist to make as much money as possible. It is the entire goal of their existence. My God the left is pathetically ignorant of economics. Absolutely true. Yet today's consumers are being raked by current economic conditions. What's going on with large corporations? Let them eat cake, they say.
October 19, 20223 yr 7 minutes ago, toolg said: What's going on with large corporations? Let them eat cake, they say. Same as it ever was; they won't care until the bottom falls out. They can't help themselves.
October 19, 20223 yr 17 hours ago, vikas83 said: Yeah. Companies exist to make as much money as possible. It is the entire goal of their existence. My God the left is pathetically ignorant of economics. https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent As high as they possibly can - It's Science F the people who get squeezed. amirite vikas? My favorite part was where some were afraid to screw everyone over, but then they rejoiced with their profits
October 20, 20223 yr 2 hours ago, CountBlah said: https://www.propublica.org/article/yieldstar-rent-increase-realpage-rent As high as they possibly can - It's Science F the people who get squeezed. amirite vikas? My favorite part was where some were afraid to screw everyone over, but then they rejoiced with their profits Don’t like it then don’t pay for it. If demand drops enough, then so do prices. Economics. It’s MAGIC.
October 20, 20223 yr 5 hours ago, EaglesRocker97 said: Same as it ever was; they won't care until the bottom falls out. They can't help themselves. "We have a fiduciary responsibility to our shareholders” The biggest driver of inflation ever. It’s also a true statement, beneficial to most peoples retirement plans and completely ignored by morons who want to politicize every single thing they can. I agree with Vikas… mostly… stop buying over priced products and search out other options when available. Consumable products with a local made option are typically cheaper or slower to gouge prices than large corporate name brand products. Snack chips are the best example I have, name brand chips at my grocery store went from around $3 a bag to around $5 a bag a few months ago. A local chip company kept their prices the same because they don’t have teams of people researching maximum pricing/profit ratios. SHOP LOCAL EVERY CHANCE YOU GET. There is not enough price competition in most markets to curb the price gouging we’re seeing because the "Mom and Pop” local shops have been overrun by corporate America. Healthcare and energy needs are a whole other mess pot where free market competition is gone and without some sort of intervention raise their prices so high they affect other markets. Would anyone have expected 30 years ago that healthcare/insurance would rival mortgage payments as a families largest expense?
Create an account or sign in to comment