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

Maybe it's buried...

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Saturday, November 20, 2021 7:43 AM

Just got that first power bill...

I've mentioned in other threads that my heat has been at 58 since it was turned on. That's about 6-7 degrees less than I've had it the last two years.

According to the 13 month graph the power company provides, I used 28% less Therms this month than I did last year, despite the fact the average temperature has been 3 degrees lower this year than at the same time last year.

My bill was still $9 more than last year, or roughly 11% higher.

It won't effect me all that much because "roughing it" is a skill I've taken decades to cultivate. I'll be wearing extra clothes indoors all winter long and only be paying around 25% of the increase that most people will be paying.

It's just one huge nagging factor that's going to be on millions of American's minds the next 4 months while seeing the higher prices on everything else in Biden*'s America.

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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Saturday, November 20, 2021 9:21 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:

It's just one huge nagging factor that's going to be on millions of American's minds the next 4 months while seeing the higher prices on everything else in Biden*'s America.

I have more control over natural gas prices than any President in history. And the European Union has more control than I do:

Blue line: Global price of Natural Gas, US Henry Hub Gas
Red line: U.S. Natural Gas Liquid Composite Price

https://fred.stlouisfed.org/graph/?g=J4VZ

Why is the price of natural gas rising in the US?
Because the EU is willing to pay a high price.

Green line: Global price of Natural gas, EU
https://fred.stlouisfed.org/graph/?g=J4XW

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

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Saturday, November 20, 2021 9:23 AM

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

Trumptards will next complain about gasoline prices, but that is not under the control of the Federal government:

US Regular All Formulations Gasoline Price

Weighted average based on sampling of approximately 900 retail outlets, 8:00AM Monday. The price represents self-service unless only full-service is available and includes all taxes.
https://fred.stlouisfed.org/graph/?g=J1hG

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

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Saturday, November 20, 2021 9:24 AM

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

Food prices bothering the Trumptards? Federal government doesn't control that:

Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average

https://fred.stlouisfed.org/graph/?g=J7LF

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

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Saturday, November 20, 2021 9:35 AM

We did have a few 'Gasoline' threads at fireflyfans, 'Dollar Collpase' threads, GDP and trade threads, industry and bitcoin discussion, also 'Jobless' threads, there was a Recession thread, Taxes discussion and Bailout and Stimulus talk ... I'm not sure if there is an inflation thread if there is one I will see if I can bump it.

I don't think we will be in just 'inflation'

More like STAGFLATION

In economics, the talk of stagflation comes or recession-inflation is a situation in which the inflation rate is still high, yet the economic growth rate slows, and unemployment remains steadily high. The 'stagflation' term is generally attributed to a British politician who talked of the idea during the recession of the 60s and 1970s. Inflation rose in the 1960s and 1970s, British were kind of old and confused policy makers who failed to recognise the primary role of element that could attack the economy and weaken it even more.

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Saturday, November 20, 2021 10:15 AM

Biden spending to build back stagflation

https://www.fxstreet.com/analysis/biden-spending-to-build-back-stagfla
tion-202111161956

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Saturday, November 20, 2021 10:20 AM

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

Quote:
Originally posted by JAYNEZTOWN:
Biden spending to build back stagflation

https://www.fxstreet.com/analysis/biden-spending-to-build-back-stagfla
tion-202111161956

"Stagflation" is not how the economy works, Jayneztown. Here is the simplified version of how the American economy works:

Blue line is inflation rate
Red line is GDP percent change

When the Blue line is above the Red line the people who are setting prices have set them higher than the economy is growing. That is how price setters slowly transfer to themselves, year after year, the wealth of America from those paying the prices.
https://fred.stlouisfed.org/graph/?g=J7OU

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

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Saturday, November 20, 2021 7:41 PM

Second likes to pretend he has half a brain.

If Trump told OPEC not to pull any shit, they'd listen to him.

When Biden begs OPEC to lower gas prices they say Fuck Joe Biden.

It's also the "green" policies the US and the EU have dived headfirst into that are the reason we have zero reserves right now.

EU is "willing" to pay those high prices because they fucked themselves and if they don't pay them then they will all freeze to death over the winter.

Food goes up along with everything else when everything else goes up in price. Especially gas, which everybody needs to pay for and which drives the costs of everything else up.

Nobody is claiming that brain-dead Biden* is sitting there in the Oval Office and raising all of the prices of everything himself. It's the horrible policies that Democrats are passing that are making everything rise.

And seriously. Fix the fucking shipping problem already. What the literal fuck.

You're a fucking idiot, Second.

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

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Sunday, November 21, 2021 8:20 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:

And seriously. Fix the fucking shipping problem already. What the literal fuck.

You're a fucking idiot, Second.

Shipping is an excellent example of how the people who set prices are transferring wealth away from the people who pay the prices.

From the Wall St Journal: The average price world-wide to ship a 40-foot container has more than quadrupled from a year ago, to $8,399 as of July 1, according to a global pricing index by London-based Drewry Shipping Consultants Ltd. The measure has surged 53.5% since the first week of May.

Listed prices to ship from China to major ports in Europe and the U.S. West Coast are closer to $12,000 a container, by Drewry’s measure, and some companies say they are being charged $20,000 for last-minute agreements to get goods onto outbound vessels.

Zhu Guojin, a consultant at logistics firm Jizhi Supply Chain Service Yiwu Co., said last month that most of the company’s clients, including Amazon.com Inc. vendors and some American importers, are so desperate for the goods that they are paying up.

“Last year, many clients delayed shipping in the hope that the cost could come down. But that’s no longer the case,” said Mr. Zhu. “Most do not seem to care about prices anymore.” The ship owners can then price gouge their customers.

https://www.wsj.com/articles/container-ship-prices-skyrocket-as-rush-t
o-move-goods-picks-up-11625482800

6ix, the owners of ships have raised their prices but it doesn't cost any more to operate the ships. Why would any ship owner want to fix the shipping problem, which is making them rich? The ship owners will do whatever they can to extend the problem at ports for as long as they can. That is how Capitalism works the best for the owners!

The number of containers moving through LA has dropped slightly, but since price per container is 4 times higher, everything is great for the container ship owners. https://www.portoflosangeles.org/business/statistics/container-statist
ics

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

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Sunday, November 21, 2021 8:46 AM

He's going to dip into the Apocalypse Doomsday Emergy Oil?

Explainer: What is the emergency oil stash Biden may tap to counter inflation?

https://www.aol.com/finance/explainer-emergency-oil-stash-biden-200543
974-220543663.html

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Sunday, November 21, 2021 9:46 AM

He thinks he gets to avoid lashback from environmentalists by pulling that move, huh? Good luck.

Everybody is going to see it for exactly what it is. Trying to save the dying Democrat party.

The way they plan to do it doesn't sound any different than passing social justice programs under reconciliation. (Which, BTW, Democrats have been passing bullshit under reconciliation at an alarming rate under this administration and nobody should be surprised when Republicans pass even more bullshit under reconciliation after Democrats did it).

Why don't you pack the Supreme Court too while you're at it. And then watch the Republicans do it right back to you.

Gas prices wouldn't have moved under Trump. Trump was a world leader. Biden* can't even keep control of his own cancerous party.

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

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Sunday, November 21, 2021 9:49 AM

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

Quote:
Originally posted by JAYNEZTOWN:
He's going to dip into the Apocalypse Doomsday Emergy Oil?

Explainer: What is the emergency oil stash Biden may tap to counter inflation?

https://www.aol.com/finance/explainer-emergency-oil-stash-biden-200543
974-220543663.html

If Biden gave away the petroleum for nothing per barrel, it wouldn't lower gasoline prices because Biden doesn't have much to give away. The reserve currently holds about 606 million barrels. Compare that number to the United States consuming a total of about 6,660 million barrels of petroleum in 2020. This was the lowest level of annual consumption since 1995.

https://www.eia.gov/tools/faqs/faq.php?id=33&t=6

World consumption of petroleum is 35,442 million barrels per year. The 606 million barrels that Biden has is insignificant compared to 35,442 million barrels. Until Biden controls enough oil to move the world price of petroleum, he won't be able to move gasoline prices in America.

https://www.worldometers.info/oil/

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

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Sunday, November 21, 2021 11:32 AM

SIGNYM

I believe in solving problems, not sharing them.

I predicted consumer price inflation** from the moment that Biden* got into office and started handing out fistfuls of money to John and Jane Average.

The classic definition of inflation still holds:

Too much money chasing too few goods.

Unless we can increase production of all of the essentials that America needs - starting with energy, and energy-intensive products like fertilizer and food - inflation on consumer prices will continue to go up. Shale oil seems to have hit its geologic limit: it is expensive to produce, runs on tight margins, and most of the good wells have already been dug and are tapping out. Supposedly, gas from tight formations follows the same curve, since wells need to be constantly "stimulated" (more fracking, more $$$ pumped down the well) in order to keep producing.

When oil prices crashed last year, shale oil producers hedged their production - promising to sell at lower prices in the future- bc of fears that prices would go even LOWER. Now that prices are skrocketing, they can't take advantage of the boom. But the basic problem remains the same: it takes a lot more $$$ to produce from tight formations than from easier- to- access oil. Now, the USA is importing record amounts of oil from RUSSIA. It doesn't help that USA admins sanctioned oil from Venezuela (which has the largest known deposits in the WORLD.)

I posted about that too, several years ago: the energy boom in America was not going to last.

In order to restore our economy and control inflation, we need to have RELIABLE sources of energy, and also become more energy-efficient overall. We also need to re-home production of basic goods (food, steel, cement, textiles, durable goods, cars etc) because at some point exporters will be demanding more of our worth-less dollars, and no longer buying our debt (bonds).

** There has been inflation all along, but it's been in areas of speculative investments such as stocks, cryptos, real estate, and fine art, because money had been going to the already-wealthy. That drove housing costs out of sight for many Americans.. but they don't count housing and energy prices into the CPI anymore. (Gee, I wonder why?)

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

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Sunday, November 21, 2021 12:12 PM

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

Quote:
Originally posted by SIGNYM:
I predicted consumer price inflation** from the moment that Biden* got into office and started handing out fistfuls of money to John and Jane Average.

Is Biden President of the World? Because the World has inflation:

Inflation rate worldwide

Euro Area 4.1%
United Kingdom 4.2
India 4.48
Germany 4.5
Canada 4.7
South Africa 5
Spain 5.4
United States 6.2
Mexico 6.24
Russia 8.13
Brazil 10.67
Turkey 19.89
Argentina 52.1

https://tradingeconomics.com/country-list/inflation-rate

Signym, how did Biden raise the inflation rate all over the World?

What mechanism did Biden use to raise the inflation rate in Russia to 8.13%?

I am really curious to read your answer, Signym.

Take note that Trump went into extreme deficit spending to get himself reelected: https://fred.stlouisfed.org/graph/?g=J9AW

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

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Sunday, November 21, 2021 1:53 PM

Shut up Second.

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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Sunday, November 21, 2021 3:03 PM

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

Quote:
Originally posted by 6IXSTRINGJACK:
Shut up Second.

Remember how Trump bragged that the stock market went up because of him? The market goes up faster without Trump:

https://fred.stlouisfed.org/graph/?g=J6Em

https://fred.stlouisfed.org/graph/?g=J9GZ

https://www.rawstory.com/trump-biden-economy/

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

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Sunday, November 21, 2021 7:52 PM

Are you trying to set a record for the most incorrect things ever posted on a website or something?

Don't bother dude. There are too many people dumber than you are. You can't even be the best at that.

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Sunday, November 21, 2021 9:17 PM

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

Quote:
Originally posted by 6IXSTRINGJACK:
Are you trying to set a record for the most incorrect things ever posted on a website or something?

Don't bother dude. There are too many people dumber than you are. You can't even be the best at that.

Are you calling stupid the idea that Biden does NOT cause price increases in America because prices are also rising in places where Biden is NOT President?

Price rises aren't controlled by Presidents, but all the Trumptards I know in Texas are absolutely certain that the President controls prices, including control of the world price for petroleum. By the way, the world price and Texas price for petroleum are very close, with only small differences because of transportation and refining costs. Presidents have no control over crude prices and never will because crude can be shipped from anywhere to America. Coming from anywhere makes the price about the same everywhere in the world. https://www.thebalance.com/crude-oil-brent-versus-wti-808872

Is Biden President of the World? Because the World has inflation:

Inflation rate worldwide

Euro Area 4.1%
United Kingdom 4.2
India 4.48
Germany 4.5
Canada 4.7
South Africa 5
Spain 5.4
United States 6.2
Mexico 6.24
Russia 8.13
Brazil 10.67
Turkey 19.89
Argentina 52.1

https://tradingeconomics.com/country-list/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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Sunday, November 21, 2021 11:38 PM

Quote:
Originally posted by second:
Are you calling stupid the idea that Biden does NOT cause price increases in America because prices are also rising in places where Biden is NOT President?

Yes.

Make no mistake... I'm also calling you stupid.

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

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Monday, November 22, 2021 8:10 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Are you calling stupid the idea that Biden does NOT cause price increases in America because prices are also rising in places where Biden is NOT President?

Yes.

Make no mistake... I'm also calling you stupid.

The top 1% wealthiest Americans set the prices, not the Federal government. Most voters think that their votes decide who is setting prices: either a D or R politician. The top 1% wealthiest Americans are happy with the voters and politicians misunderstanding who is in control because then the politicians get blamed rather than the 3 million truly powerful people who can go about gathering up America's wealth while the other 99% remain confused about what is happening and how Capitalism works on a daily basis.

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

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Monday, November 22, 2021 8:14 AM

Nobody is arguing that Joe Biden* is directly writing laws that raise prices on the people, you stupid fuck.

Actions have consequences though. And the entire Biden* administration is poisonous to the future and prosperity of Americans.

You're using the same, tired, disingenuous argument against inflation that you're using about CRT in schools.

SPOILER ALERT: It only works on stupid people.

Go peddle that shit on Leftist Twitter where it's sure to get some traction.

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

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Monday, November 22, 2021 8:23 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:
Nobody is arguing that Joe Biden* is directly writing laws that raise prices on the people, you stupid fuck.

Actions have consequences though. And the entire Biden* administration is poisonous to the future and prosperity of Americans.

Biden and Trump and Obama and Bush and going all the way back to George Washington would want you to believe the President had control of prices. Presidents have nothing. It has always been the top 1%, who just so happen to be Trump and Bush and G. Washington. As you can see, there is some overlap between the group who were Presidents and who were in the top 1%. But Presidents don't want to make it clear that their power to set prices comes from being in the top 1%, not from being President.

The minimum net worth of the top 1% is roughly $11.1 million. A person would need to earn an average of $758,434 per year in order to join the top 1%.
https://www.investopedia.com/financial-edge/1212/average-net-worth-of-
the-1.aspx

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

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Monday, November 22, 2021 8:24 AM

I said go peddle your stupid shit on Leftist Twitter and stop wasting my time, creep.

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

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Monday, November 22, 2021 8:38 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:
I said go peddle your stupid shit on Leftist Twitter and stop wasting my time, creep.

6ix, you are no different than 99% of Americans. Your head is stuffed with false beliefs about Capitalism. Those beliefs will keep you struggling for the rest of your life. It is all your problem to correct your ideas. Once you do, which 99% of Americans will never get around to doing because they certainly think they know more than they really do, wealth will flow into your bank account.

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

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Monday, November 22, 2021 8:43 AM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
I said go peddle your stupid shit on Leftist Twitter and stop wasting my time, creep.
6ix, you are no different than 99% of Americans. Your head is stuffed with false beliefs about Capitalism. Those beliefs will keep you struggling for the rest of your life. It is all your problem to correct your ideas. Once you do, which 99% of Americans will never get around to doing because they certainly think they know more than they really do, wealth will flow into your bank account.

I'm not struggling. At all.

Just like all of the other bullshit you've posted for years, saying something a million times doesn't make it true.

Take your shit to Leftist Twitter where the other liars and idiots will welcome your lies and idiocy with open arms.

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

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Monday, November 22, 2021 8:48 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
I said go peddle your stupid shit on Leftist Twitter and stop wasting my time, creep.
6ix, you are no different than 99% of Americans. Your head is stuffed with false beliefs about Capitalism. Those beliefs will keep you struggling for the rest of your life. It is all your problem to correct your ideas. Once you do, which 99% of Americans will never get around to doing because they certainly think they know more than they really do, wealth will flow into your bank account.

I'm not struggling. At all.

Just like all of the other bullshit you've posted for years, saying something a million times doesn't make it true.

Take your shit to Leftist Twitter where the other liars and idiots will welcome your lies and idiocy with open arms.

I have never known a poor person who, when asked how are things, doesn't say things are going great. Most of the poor kind of believe things are going great, too. They aren't completely faking their optimism, but their optimism doesn't put money in their bank account.

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

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Monday, November 22, 2021 8:56 AM

You've never once heard me bitching about MY money bro.

I own everything I have outright, including a home and transportation.

I've paid less than $125 in interest to anybody my entire life.

My single biggest enemy was my alcoholism, and now that I'm going to be hitting 5 years sober in a little over a month, I'm thriving.

You can do a whole lot on "Poverty Level Income" when you have zero debt and a paid for roof over your head in a low property tax area of the country. Especially when you're handy with tools, you've got a genius IQ and you rarely ever need to pay to fix things that most people would have to.

Assuming Biden*'s inflation levels off at some point soon, I could go 7 years without making a dime without ever having to go into any debt, and at that point I'm going to easily have finished off rehabbing a house in a very up-and-coming neighborhood that I got for a song after the 2008 housing market crash which I could sell to downsize and move down by my disabled brother and likely never have to work a single hour to make somebody else rich again.

P.S. Not that it's for anything other than bragging rights since I don't need it, my TransUnion credit score just went up to 826 this month. A new high for me.

Yay!

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Monday, November 22, 2021 9:02 AM

Are we done here?

Doesn't matter. I have shit to do. Have fun playing with your useless pud all day.

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Monday, November 22, 2021 9:11 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:
Are we done here?

Doesn't matter. I have shit to do. Have fun playing with your useless pud all day.

It is not precisely price inflation but I’ve got a tricky example from today’s Houston Chronicle of how the top 1% richest Americans are running a scheme to divert America’s wealth into the top 1%’s bank accounts:

https://web.archive.org/web/20211122140547/https://www.houstonchronicl
e.com/projects/2021/unfair-burden-taxation-by-diversion/

Key Points

Online shoppers across Texas are paying millions in sales taxes to a handful of cities and counties — even if they don't live in those communities.
Much of that tax revenue goes right back to huge online retailers such as Dell, Kohl's and Best Buy thanks to economic incentive agreements made possible by an obscure Texas law.
More than $220 million in sales-tax rebates have been paid to retailers. The true number is probably higher because some cities are trying to withhold that information.

When Aasheel Kadiwal clicked the "place your order" button on Best Buy’s website last year and paid more than $2,000 for a video camera, iPad Pro and Apple watch, he didn't think to ask where his tax dollars were going.

If he had known the answer, Kadiwal wouldn’t have liked it.

The roughly $40 he paid in local sales taxes for his online purchase wasn’t collected by the community of Richmond outside Houston, where the college student lived at the time.

Instead, Kadiwal and other Best Buy customers in Texas paid sales taxes to San Marcos in Hays County every time they bought products from the electronics company online — even if they didn’t live in those communities.

And most of the tax dollars collected by the city and county weren’t spent on fixing streets, paying firefighters or funding other essential government services.

Under economic incentive agreements signed with Best Buy, San Marcos and Hays County gave 75 percent of the net tax revenue to the company after it opened an “e-commerce sales operation” and hired up to 112 new full-time employees.

Total payments to Best Buy since 2017: more than $40 million.

"It does bother me," Kadiwal said in a recent interview after he learned how his tax dollars were spent. "I feel like it should have gone to the town where I was living in, you know?"

Best Buy’s tax incentives were made possible by obscure Texas laws that allow cities and counties to sign such deals with few restrictions — even if it means taking tax money from Texans who have no say in the agreements.

Known as “Chapter 380” for cities and “Chapter 381” for counties, the laws were passed during the recession of the 1980s without the typical safeguards that lawmakers placed on other economic incentive programs. There’s no limit on the duration of each deal; no minimal job-creation requirements; and no reporting on how much the agreements ultimately cost taxpayers.

This is one out of millions of sophisticated schemes the top 1% richest Americans are running. There are far more vulgar scams where prices are simply raised and it is blamed on The Invisible Hand of the Market, but it's just the top 1%, not The Hand, transferring wealth to themselves.

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

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Monday, November 22, 2021 9:57 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:

Yay!

You will be amused if you click the link and scroll down https://imgur.com/gallery/JQDhPq2

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

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Monday, November 22, 2021 6:56 PM

I liked the one about the dad letting the daughter use the tools.

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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Thursday, November 25, 2021 2:47 PM

Counting our blessings in Biden’s broken supply chain presidency

https://www.washingtontimes.com/news/2021/nov/24/counting-our-blessing
s-in-bidens-broken-supply-cha/

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Saturday, November 27, 2021 11:11 AM

Inflation is not going away any time soon – and Biden will have to wait it out like the rest of us
https://www.cnbc.com/2021/11/24/biden-americans-have-to-get-used-to-in
flation.html

Trump slams Biden on vaccine mandates, inflation, the southern border crisis and more
https://www.dailymail.co.uk/news/article-10248059/Trump-slams-Biden-va
ccine-mandates-inflation-southern-border-crisis-more.html

Voters want lower inflation, Biden wants higher spending
https://www.washingtonexaminer.com/restoring-america/courage-strength-
optimism/voters-want-lower-inflation-biden-wants-higher-spending-democrats-cant-figure-out-why-biden-is-so-unpopular

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Saturday, November 27, 2021 1:28 PM

Biden* is the worst president ever.

I didn't think we'd be saying that again after GWB was out of office. And then I didn't think we'd be saying that again after Obama was out of office.

Biden* makes warmonger Bush and race-baiting Barry shine by comparison.

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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Sunday, November 28, 2021 10:56 PM

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

Quote:
Originally posted by 6IXSTRINGJACK:
Biden* is the worst president ever.

I didn't think we'd be saying that again after GWB was out of office. And then I didn't think we'd be saying that again after Obama was out of office.

Biden* makes warmonger Bush and race-baiting Barry shine by comparison.

Must be Biden's fault that Europe is having the worst inflation.

According to the Wall Street Journal, inflation in the eurozone is "likely" to hit a new record in November:

Just eyeballing this chart suggests that the U.S. surge in inflation is perhaps half due to global problems and half due to specific U.S. issues. The obvious candidate for the former is supply chain disruptions and the sudden switch in demand from services to goods, while the obvious candidate for the latter is the $3 trillion in stimulus money that we pumped into our economy at the beginning of 2021. I expect that both of these things will begin to ease off starting in early 2022.
https://jabberwocking.com/eurozone-likely-to-report-record-inflation-f
or-november/

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

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Monday, November 29, 2021 12:14 AM

Quote:
Originally posted by second:
Must be Biden's fault that Europe is having the worst inflation.

Shut up, idiot.

You're just parroting what your apologist Leftist Media is saying while running defense for brainless meat-puppet Joe*. You know damn well if Trump was president while all of this was going on they'd be out for blood.

The prices of goods never come back down.

That $3 Trillion was a split on your stock and you're not getting the split.

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

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Monday, November 29, 2021 7:14 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:
You know damn well if Trump was president while all of this was going on they'd be out for blood.

The prices of goods never come back down.

That $3 Trillion was a split on your stock and you're not getting the split.

If you understood that the top 1% richest people in America have complete control of American prices and the top 1% richest people in Europe set European prices, you would know that Prime Ministers, Presidents and Trump are helpless and control no prices. (No Trumptard I have ever known has understood who is actually in charge of America. Hint: It is not anybody who is elected.)

Democrats already know enough about Trump from his expression of innate personality tendencies — boastfulness, bullying, pride — and counter his traits by ridicule, dismissiveness, and other mechanisms that keep the would-be tyrant in his place.

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

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Monday, November 29, 2021 11:01 AM

Seriously. Shut up dude. You're wrong about everything you post. Everything.

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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Wednesday, December 1, 2021 9:07 AM

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

Chart of the day: The price of gasoline

Author Kevin Drum, Published on November 30, 2021 – 9:38 pm

I don't know why, but every once in awhile I like to remind myself of what the price of gasoline looks like over the long term. Here it is:

https://jabberwocking.com/chart-of-the-day-the-price-of-gasoline/

Not Seasonally Adjusted for Inflation:
https://fred.stlouisfed.org/graph/?g=Joev

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

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Wednesday, December 1, 2021 6:04 PM

Yup.

Tell that to everyone who paid $1 or more less than the current prices all four years under Trump.

Then tell them again after they get that first winter heating bill that's incoming.

I'm sure they'll care about your graphs.

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Friday, December 3, 2021 1:48 PM

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

Dan Price @DanPriceSeattle

General Mills just paid a $300 million dividend to investors, bought back $150 million in stock to enrich execs and investors and pays its CEO $16 million. It makes $2.1 billion a year in profit.

It is raising prices on cereals 20% and blaming "inflation"

Breakfast is going to be more expensive next year
Expect to pay more for some of your favorite cereals, snacks, soups and cooking brands next year.

1:34 PM · Dec 2, 2021·Twitter Web App
https://twitter.com/DanPriceSeattle/status/1466490853770375172

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

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Saturday, December 4, 2021 12:18 PM

Economy?

https://rumble.com/vq6pbq-what-the-big-miss-on-todays-jobs-report-mean
s-to-you.html

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Saturday, December 4, 2021 3:09 PM

Let's see Second try to lie again about the abysmal jobs report like he did last month.

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Tuesday, December 7, 2021 10:25 PM

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

It's weird how corporate profits are shattering records.
Yet they get zero blame for inflation & price increases.

A new report from financial data firm FactSet found that the companies in the S&P 500 are on track to post profit margins of 12.9% in the third quarter of this year. FactSet noted this is the second-highest net profit margin for the index, following only the record-breaking 13.1% margins posted in the second quarter of this year.
https://www.factset.com/hubfs/Website/Resources%20Section/Research%20D
esk/Earnings%20Insight/EarningsInsight_110521.pdf

Federal government data shows that US corporations are enjoying a record-high streak of profits. Before-tax profits were above $3 trillion in the second quarter of 2021. Must be Biden's fault, not corporate price gouging.
https://www.businessinsider.com/corporate-profits-are-high-despite-inf
lation-and-shortages-2021-11

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

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Wednesday, December 8, 2021 12:55 AM

Quote:
Originally posted by second:
It's weird how corporate profits are shattering records.
Yet they get zero blame for inflation & price increases.

Why don't you ask Obama?

Jeff Bezos just gave him $100 Million. Yanno, the guy who made more money than anyone else in the world during Democrat ran Covid lockdowns and the guy who won't let his company unionize and threatens to shut down operations in any state that where the employees vote to unionize.

Meanwhile... his truck drivers nationwide are pissing in bottles while driving because they don't get brakes.

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Wednesday, December 8, 2021 7:00 AM

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

Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
It's weird how corporate profits are shattering records.
Yet they get zero blame for inflation & price increases.

Why don't you ask Obama?

Jeff Bezos just gave him $100 Million. Yanno, the guy who made more money than anyone else in the world during Democrat ran Covid lockdowns and the guy who won't let his company unionize and threatens to shut down operations in any state that where the employees vote to unionize.

Meanwhile... his truck drivers nationwide are pissing in bottles while driving because they don't get breaks.

Let me check if this is Jeff Bezos' fault. Bezos owns only 10% of Amazon. The fault with how Amazon treats its employees would lie with the owners of the other 90% of shares. And how does Amazon treat its employees that don't live in the USA? Very different in Europe, or anywhere other than the USA. What is so special about the USA not allowing bathroom breaks for Amazon employees driving trucks? The US Congress is what is so special, especially when Congressmen will call laws allowing bathroom breaks as Communism because their special voters call everything Communism.

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

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Wednesday, December 8, 2021 10:15 AM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
It's weird how corporate profits are shattering records.
Yet they get zero blame for inflation & price increases.

Why don't you ask Obama?

Jeff Bezos just gave him $100 Million. Yanno, the guy who made more money than anyone else in the world during Democrat ran Covid lockdowns and the guy who won't let his company unionize and threatens to shut down operations in any state that where the employees vote to unionize.

Meanwhile... his truck drivers nationwide are pissing in bottles while driving because they don't get breaks.
Let me check if this is Jeff Bezos' fault. Bezos owns only 10% of Amazon. The fault with how Amazon treats its employees would lie with the owners of the other 90% of shares. And how does Amazon treat its employees that don't live in the USA? Very different in Europe, or anywhere other than the USA. What is so special about the USA not allowing bathroom breaks for Amazon employees driving trucks? The US Congress is what is so special, especially when Congressmen will call laws allowing bathroom breaks as Communism because their special voters call everything Communism.

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

Holy shit.

Did the rest of you read this reply?

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Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Wednesday, December 8, 2021 10:46 AM

Still wondering how the fact that Bezos just gifted Barack Obama with $100 Million USD sits with him.

Meanwhile...

https://grow.acorns.com/apartment-amenities-and-building-perks-that-ra
ise-the-rent/

Apartment rents up 13.9% this year, huh?

Holy shit.

That single stat officially eats up any pay increases that workers got in 2021, not even considering the rising costs of everything else.

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

Vaccinated People: "You need to get muh vaccination shots that don't work because I got muh vaccination shots that don't work and I'm afraid of people that didn't get muh vaccination shots that don't work because muh vaccination shots that don't work don't work."

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Thursday, December 9, 2021 8:15 AM