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Topic: In other news ...

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Mdot21

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Re: In other news ...
« Reply #11718 on: January 27, 2022, 10:57:42 AM »
If Russia does attack Ukraine, we'll see higher oil prices as Europe tries to pretend to have sanctions on Russia, which they can't really effect very well at all.  I expect more asymmetry in said attack that a direct invasion, but obviously I don't know.
Putin is too smart and too cunning to invade Ukraine imo. My guess is he'll just covertly wreck the country and destabilize it and if any missile defense systems are put on Russia's border they'll just try to take those systems out. I don't think the US is stupid enough to actually put missile systems on Russia's border- but you never know with the useless idiots and war-mongerers who run Washington. 

NorthernOhioBuckeye

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Re: In other news ...
« Reply #11719 on: January 27, 2022, 11:03:06 AM »
Mind reader!!
Yeah, I just heard that song on the radio yesterday driving home from a store. One of my favorite Stones tunes. 

Mdot21

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Re: In other news ...
« Reply #11720 on: January 27, 2022, 11:14:40 AM »
I wonder if someone is trying to ween the US off of meat.
someone is. that someone is Bill Gates. he's been buying up all the available farmland in the US for the last decade, and he's now the single largest land owner in the entire United States. he's trying to get people off good old fashioned meat and to get them to eat synthetic meat grown in labs.

Bill Gates can f**k right off. He didn't just turn into a gracious philanthropist in his golden years. He's still the same little narcissistic egotistical shithead who stole IP, was a complete tyrant and bully when he was running Microsoft, did all kinds of shady shit to crush his competitors and monopolize entire industries, was a complete arrogant douchebag in his filmed deposition when the government was bringing an anti-trust case against Microsoft, and still the same guy who hung out on the regular with serial pedophile Jeffrey Epstein- AFTER Epstein had been charged and convicted and registered as a sex offender. He's still the same guy. He's just been able to cloak it in philanthropy and by buying favorable media coverage. The guy has given around $320 million to various media outlets in "donations". People who run the media organizations aren't stupid- and a lot of the legacy media organizations are dying and they'll take any dollar they can get- and they know if you print and say nice things about Bill Gates- hey, he'll give you money.

He's also funding a project which proposes to f**k with Earth's atmosphere and blot out of the sun. And the head of that program openly admits they have no idea what will happen if they spray calcium carbonate into the atmosphere or how much they would have to spray for it to have any affect. What could go wrong?
« Last Edit: January 27, 2022, 11:25:34 AM by Mdot21 »

MrNubbz

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Re: In other news ...
« Reply #11721 on: January 27, 2022, 11:16:17 AM »
Oh come on man, roadtrips to Bakersfield are a downright pilgrimage!

(for fans of Buck Owens and Dwight Yoakum...)
Dwight was raised in C-Bus and briefly attended tOSU
Suburbia:Where they tear out the trees & then name streets after them.

Mdot21

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Re: In other news ...
« Reply #11722 on: January 27, 2022, 11:18:11 AM »
I doubt people stop eating fast food, or sodas, or desserts, and whatever else is cheap, fast, and reasonably tasty.

Fat, sugar, salt, caffeine, alcohol, the five major food groups.
Lol! Unfortunately, this is true. And sad.

847badgerfan

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Re: In other news ...
« Reply #11723 on: January 27, 2022, 11:49:49 AM »
https://smallbusiness.chron.com/common-food-labor-cost-percentages-14700.html
This is in line with what @rolltidefan posted above.

Labor might be the largest single cost, but it's still <50% in the restaurant world.

If labor is 25% of cost, a doubling of labor costs should result in a price rise of 12.5% to cover the additional overhead. If labor is 40% of cost, a doubling of labor costs should result in a 20% price rise to cover the additional overhead.

It should be noted that a doubling of the minimum wage, or even a doubling of the average wage within a business, doesn't always lead to a doubling of labor costs. As highlighted already in this thread, increased automation can replace some of that labor cost. Reduced total hours (expecting higher productivity from employees in exchange for higher wages) can also replace some of what would be a presumed doubling.

We've all (I'm sure) been part of businesses where there are layoffs but the quantity of work doesn't decrease, it's just fewer people around to do it all.

Either way, a doubling of wages shouldn't lead to a doubling of prices.

That article is from March, 2019. Vastly different numbers now.
U RAH RAH! WIS CON SIN!

utee94

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Re: In other news ...
« Reply #11724 on: January 27, 2022, 11:54:11 AM »
https://www.yahoo.com/now/biden-admin-says-nord-stream-074813602.html


Quote
Thu, January 27, 2022, 1:48 AM·2 min read

The U.S. will make sure the Nord Stream 2 gas pipeline project between Russia and Germany won't go ahead if Russian troops invade Ukraine, State Department spokesperson Ned Price told NPR on Wednesday.

...


"I want to be very clear: If Russia invades Ukraine one way or another, Nord Stream 2 will not move forward," Price said in his interview with NPR's Ari Shapiro on the Putin-backed project.

    "I'm not going to get into the specifics. We will work with Germany to ensure it does not move forward."
      • Price noted to Shapiro that Nord Stream 2 was not yet operational, which meant it was "leverage for us" and for Germany. "It is leverage for the trans-Atlantic community because gas is not flowing," he added.

Emily Haber, Germany's ambassador to the U.S., tweeted Wednesday: "The US and Germany jointly declared last summer: if Russia uses energy as a weapon or if there is another violation of Ukraine’s sovereignty, Russia will have to pay a high price."

  • She added that German Chancellor Olaf Scholz and Foreign Minister Annalena Baerbock "stated clearly: nothing will be off the table, including Nord Stream 2."

Riffraft

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Re: In other news ...
« Reply #11725 on: January 27, 2022, 12:02:46 PM »
To answer the questions, in order:

Because they don't seem to have an issue with it.

Because more people want to live there and because wages are higher.

Not sure about utilities. Maybe something to do with the fact that infrastructure has fallen into disrepair? I have someone in my life who knows more about the ins and outs of the power business. Maybe I should check.

Because the idea of not allowing companies to pay poverty wages appeals to them.

And it's all held up because people, for some reason, really, really, REALLY want to live there.
I wish the people who live there and voted for all of this would stay there with their politics.  Not particularly happy with the slow but steady californiation of Arizona. 

Mdot21

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Re: In other news ...
« Reply #11726 on: January 27, 2022, 12:10:41 PM »
https://www.yahoo.com/now/biden-admin-says-nord-stream-074813602.html
The Germans want that pipeline desperately, they are the ones who begged the US to lift sanctions which would allow it to move forward. Putin wants to sell Germany natural gas so he can make $$$$$$$$. I don't believe he wishes to invade and occupy Ukraine. What he doesn't want is for Ukraine to join NATO or for any missile defense systems to be put on the Russian border.

According to the papers of record- WaPost and NYT, US "intelligence sources" have been saying Putin is going to invade Ukraine for months now. Yet he hasn't invaded. These are the same anonymous "intelligence sources" that said Iraq had WMD and that Donald Trump was a Russian agent. So if I am skeptical of them, well...it's hard not to be. Their track record sucks.

I think the guy is just too smart and cunning and he knows if he invades a) he can't hold or occupy the country and b) the entire Western world would align against him. He's not some ideologue who wants to take over the world, but there is no doubt that Ukraine is of vital strategic importance to Russia as a buffer state and they want to maintain it in their sphere of influence. It means nothing to the US- it is of no strategic importance to the US or the EU by any means. Yet, it means A LOT to Russia. He's a mafia boss businessman. He wants that pipeline and he wants to sell Germany as much natural gas as they want so he can steal money from the state-backed company which sells Germany the natural gas and make himself and his family and allies even richer.


Riffraft

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Re: In other news ...
« Reply #11728 on: January 27, 2022, 12:18:23 PM »
I wish the people who live there and voted for all of this would stay there with their politics.  Not particularly happy with the slow but steady californiation of Arizona.
Probably should add I took advantage of the Californian influx and sold my house at a huge profit and rolling that profit into building my retirement home almost for cash from the sale. 

Honestbuckeye

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Re: In other news ...
« Reply #11729 on: January 27, 2022, 12:28:47 PM »
Yeah, I just heard that song on the radio yesterday driving home from a store. One of my favorite Stones tunes.
Ditto!
Get your facts first, then you can distort them as you please.
-Mark Twain

Cincydawg

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Re: In other news ...
« Reply #11730 on: January 27, 2022, 12:34:55 PM »
I read an article about how Putin funds the green parties in Germany for obvious reasons.

bayareabadger

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Re: In other news ...
« Reply #11731 on: January 27, 2022, 12:36:06 PM »
Probably should add I took advantage of the Californian influx and sold my house at a huge profit and rolling that profit into building my retirement home almost for cash from the sale.
I think it's a universal lament. Everyone, everywhere is mad that someone from some other place, sometimes with different ideas, sometimes just with the vague sense of cooties, is coming in. And the flows will shift and change through the years. Used to be if you were from Arizona, there was a very good chance you'd move to Ca. 

I tend to look at this as a former econ major. If there's a place where you can live better, with wages and prices being the top two factors, and other elements coming in after that, basic econ says people will shift toward that thing until some kind of equilibrium is reached. So things will go round and round with cheap places getting overrun until they get more expensive. People in CA are taking advantage of the high prices there, using that money in Az, which helps raise prices, and as an owner of an crucial asset also get to take advantage of it. Econ at work. 

 

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