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President Joe Biden President Joe Biden

07-11-2022 , 06:45 PM
Quote:
Originally Posted by lozen
Watched Mayor Pete on the Sunday News show. Wow what a difference in presentation and his speaking ability compared to the Pres and VP

He might be a good pick to run I am not sure if everyone's gonna accept a gay president
Pete Buttigieg is from Indiana and I think recently moved his residency to Michigan, therefore I like his chances of keeping the Dems Blue Wall.

President Joe Biden's age made the possibility of him only running once something that had to be factored. If Biden is a generational president, time to let the next generation shine. Pete Buttigieg is the United States Secretary of Transportation. Give Pete a shovel and personal photographer and send him to all 50 states building a new federal piece of highway.
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07-11-2022 , 08:33 PM
Quote:
Originally Posted by ladybruin
Pete Buttigieg is from Indiana and I think recently moved his residency to Michigan, therefore I like his chances of keeping the Dems Blue Wall.

President Joe Biden's age made the possibility of him only running once something that had to be factored. If Biden is a generational president, time to let the next generation shine. Pete Buttigieg is the United States Secretary of Transportation. Give Pete a shovel and personal photographer and send him to all 50 states building a new federal piece of highway.
Just what America needs right now. An inexperienced butt chugger
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07-11-2022 , 08:49 PM
Quote:
Originally Posted by wreckem713
Just what America needs right now. An inexperienced butt chugger
Nah, I was just showing some Butt love. My 2024 choice to keep the blue wall intact is highly experienced US senator from Ohio Sherrod Brown with a running mate from AZ/NV/NM.
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07-11-2022 , 08:52 PM
Quote:
Originally Posted by bahbahmickey
Biden and dems didn’t know at the time that inflation would get this high. They knew it would hurt the average American, but not this much. Remember when dems were saying inflation was transitory? That was well after all of the policy changes and even then many of them were dumb enough to believe inflation wouldn’t get too bad. Some of the people who project inflation and economic growth in the federal government are really bad at what they do.

They knew. Anyone that wants to create a New World Order needs to destroy the current world order. If you expect the serfs to "own nothing and be happy" you have to take what they currently own away from them.
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07-11-2022 , 09:38 PM
Is there a reason I don't know that eliminates Harold Ford Jr.?
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07-11-2022 , 10:34 PM
Quote:
Originally Posted by RFlushDiamonds
Printing money is one cause of inflation.
Price gouging is another.
Supply shortages caused by things like plague and war is another.

Trillions have been dumped into the modern economy since 2008. Now that we have covid, war and corporate price fixing....well, must be that dirty Biden money.

lol.

Poor dumb Joe. Gave as that nasty 3.6 unemployment rate because he hates capitalism.
M2 grew at 3x the speed it averaged long term post Covid. Comparing the printing of money pre and post Covid is just silly because how different the rates of speed are. As I said earlier trump deserves some blame for that, but the difference between him doing it and when Biden did it is where Covid (and the vax) were at the those times.

As others pointed out, price gouging is a non-issue for inflation right now.

A huge majority of blame for supply shortages and disruptions in the supply chain is because parts of the economy were shut down or running short handed due to shutdowns. Again, trump caved to the pressure of shutting part of the economy down during the worst parts of Covid. He also kept it shutdown for too long. Biden should have open everything up and listened to the economists at the time describing how horrific the long term outlook was due to shutdowns.
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07-11-2022 , 10:48 PM
Quote:
Originally Posted by David Sklansky
Is there a reason I don't know that eliminates Harold Ford Jr.?
Harold Ford Jr. is one handsome man. He is like Brad Pitt handsome, to the point it hurts.

Negatives:
Ford has been out of frontline politics since his 2007 re-election loss to the United States House of Representatives. He is currently in banking although it might not be the kind of big bank stuff the progressive hate, but still it might be a negative. He has Morgan Stanley type ties to banks. Tenneesee isn't a blue wall help. Fox New political contributor...enough said.

Positives:
Did I already mention this man is handsome? He could pull a Barak Obama 2.0 and win on that alone.
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07-11-2022 , 11:25 PM
Quote:
Originally Posted by bahbahmickey
M2 grew at 3x the speed it averaged long term post Covid. Comparing the printing of money pre and post Covid is just silly because how different the rates of speed are. As I said earlier trump deserves some blame for that, but the difference between him doing it and when Biden did it is where Covid (and the vax) were at the those times.

As others pointed out, price gouging is a non-issue for inflation right now.

A huge majority of blame for supply shortages and disruptions in the supply chain is because parts of the economy were shut down or running short handed due to shutdowns. Again, trump caved to the pressure of shutting part of the economy down during the worst parts of Covid. He also kept it shutdown for too long. Biden should have open everything up and listened to the economists at the time describing how horrific the long term outlook was due to shutdowns.
Yes, some dummies don't want to look at price gouging as part of the inflationary environment we're in right now because they don't want to blame their beloved corporate masters for anything.


The supply chains are disrupted internationally. But yeah, blame Trump for the one thing he didn't do. lol
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07-11-2022 , 11:26 PM
Quote:
Originally Posted by wreckem713
Just what America needs right now. An inexperienced butt chugger
Don't worry. You're getting Trump back.
And he has 4 years experience.
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07-11-2022 , 11:39 PM
Quote:
Originally Posted by bahbahmickey
M2 grew at 3x the speed it averaged long term post Covid. Comparing the printing of money pre and post Covid is just silly because how different the rates of speed are. As I said earlier trump deserves some blame for that, but the difference between him doing it and when Biden did it is where Covid (and the vax) were at the those times.

As others pointed out, price gouging is a non-issue for inflation right now.

A huge majority of blame for supply shortages and disruptions in the supply chain is because parts of the economy were shut down or running short handed due to shutdowns. Again, trump caved to the pressure of shutting part of the economy down during the worst parts of Covid. He also kept it shutdown for too long. Biden should have open everything up and listened to the economists at the time describing how horrific the long term outlook was due to shutdowns.
It’s a fact in US they care more about money then healthcare and , it would of been break down of the health care system if they would of open the economy as quickly as u suggest ….

But I guess the cost of a breaking down of an entire health care system of a country as 0 cost in your calculation for the economy ?
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07-12-2022 , 08:29 AM
Quote:
Originally Posted by RFlushDiamonds
Don't worry. You're getting Trump back.
And he has 4 years experience.
At this point, I'd take Trump's dog
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07-12-2022 , 09:27 AM
Quote:
Originally Posted by RFlushDiamonds
Don't worry. You're getting Trump back.
And he has 4 years experience.
I thought that was a lock as well but some of the polls have democrats saying 65% they do not want Biden but have Biden beating Trump. I think both parties may come to the point either candidate is a lost cause. Biden more than Trump
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07-12-2022 , 09:29 AM
Quote:
Originally Posted by ladybruin
Harold Ford Jr. is one handsome man. He is like Brad Pitt handsome, to the point it hurts.

Negatives:
Ford has been out of frontline politics since his 2007 re-election loss to the United States House of Representatives. He is currently in banking although it might not be the kind of big bank stuff the progressive hate, but still it might be a negative. He has Morgan Stanley type ties to banks. Tenneesee isn't a blue wall help. Fox New political contributor...enough said.

Positives:
Did I already mention this man is handsome? He could pull a Barak Obama 2.0 and win on that alone.

He is a very good speaker as well. As for the Fox thing he is on the Five and is the left leaning person on the panel .
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07-12-2022 , 11:54 AM
Quote:
Originally Posted by lozen
I thought that was a lock as well but some of the polls have democrats saying 65% they do not want Biden but have Biden beating Trump. I think both parties may come to the point either candidate is a lost cause. Biden more than Trump
Oh, I don't know about the parties.

When Trump tried to violently overthrow the government and wasn't under house arrest the next day, I figured he's coming back strong.

For some reason the Democratic party loves him. I guess it's easier to run your grift when you're not in power.
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07-12-2022 , 12:00 PM
Quote:
Originally Posted by RFlushDiamonds
Yes, some dummies don't want to look at price gouging as part of the inflationary environment we're in right now because they don't want to blame their beloved corporate masters for anything.


The supply chains are disrupted internationally. But yeah, blame Trump for the one thing he didn't do. lol
It has already been explained to you (by someone other than me) that price gouging isn't a driver of gas/oil pricing. Sit down and think about what you are saying. You are suggesting that some of the most traded commodities in the world are falling victim to price gauging? Do you really think the millions and millions of people around the world who make up the producers, buyers and traders of these commodities got together without anyone knowing to collude on the prices and none of them are willing to stab the others in the back to sell massive volumes at a price that is way up?

Biden is reading "end of quote" and "repeat the line" off a teleprompter and has obviously lost it so he gets a pass on thinking price gouging is the cause of inflation. What is your excuse, sir?
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07-12-2022 , 12:06 PM
Quote:
Originally Posted by RFlushDiamonds
Oh, I don't know about the parties.

When Trump tried to violently overthrow the government and wasn't under house arrest the next day, I figured he's coming back strong.

For some reason the Democratic party loves him. I guess it's easier to run your grift when you're not in power.
Overthrowing main street, overthrowing the senate, overthrowing the supreme court... what is next?
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07-12-2022 , 12:08 PM
Quote:
Originally Posted by bahbahmickey
It has already been explained to you (by someone other than me) that price gouging isn't a driver of gas/oil pricing. Sit down and think about what you are saying. You are suggesting that some of the most traded commodities in the world are falling victim to price gauging? Do you really think the millions and millions of people around the world who make up the producers, buyers and traders of these commodities got together without anyone knowing to collude on the prices and none of them are willing to stab the others in the back to sell massive volumes at a price that is way up?
bahbah is almost never correct. But this time he is.
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07-12-2022 , 12:08 PM
Not taking a position on the degree of inflation price gouging will cause or not but it is foolish to not recognize that the Oil and Gas industry has long ago learned to soft collude on pricing because as you say, one group taking advantage to get quick sales just harms all of them, if everyone is forced to play that game.

I mean, it is undeniable at this point when crude prices shoot up, how everything is repriced instantly upward despite the fact some would inventory in stock at the lower cost base, and they could 'hold the line' on price and thus get more sales but do not. Same on the other side when crude prices come down and none of them drop the prices instantly. They maximize sales at the higher price on both sides.

Soft collusion is not that difficult as long as everyone plays ball. And the incentive to play ball is higher prices for all and higher profits for all, long term, instead of one group looking at a short term boost, that harms them all, long term.
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07-12-2022 , 12:11 PM
Quote:
Originally Posted by Rococo
bahbah is almost never correct. But this time he is.
I question that in that he seems to deny the soft collusion that can and does happen.

Oil and Gas is basically an Oligarchy and thus not that difficult for the key players to see what benefits the entire industry and have players voluntarily fall in line.
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07-12-2022 , 12:13 PM
I genuinely feel bad for Biden at this point. Like it or not, most of us are going to travel down this road in our future, and he's doing it on the biggest stage possible.

Take as much action you can from anyone who will let you bet against him being the 2024 Dem candidate.
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07-12-2022 , 12:14 PM
Quote:
Originally Posted by Cuepee
Not taking a position on the degree of inflation price gouging will cause or not but it is foolish to not recognize that the Oil and Gas industry has long ago learned to soft collude on pricing because as you say, one group taking advantage to get quick sales just harms all of them, if everyone is forced to play that game.

I mean, it is undeniable at this point when crude prices shoot up, how everything is repriced instantly upward despite the fact some would inventory in stock at the lower cost base, and they could 'hold the line' on price and thus get more sales but do not. Same on the other side when crude prices come down and none of them drop the prices instantly. They maximize sales at the higher price on both sides.

Soft collusion is not that difficult as long as everyone plays ball. And the incentive to play ball is higher prices for all and higher profits for all, long term, instead of one group looking at a short term boost, that harms them all, long term.

A key sign of that is when oil collapsed we didnt see gas prices reflect a serious decline. They just kept the profits .The same will happen if Oil hits $60.00 a barrel Gas prices will not reflect that
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07-12-2022 , 12:15 PM
Quote:
Originally Posted by Cuepee
Not taking a position on the degree of inflation price gouging will cause or not but it is foolish to not recognize that the Oil and Gas industry has long ago learned to soft collude on pricing because as you say, one group taking advantage to get quick sales just harms all of them, if everyone is forced to play that game.

I mean, it is undeniable at this point when crude prices shoot up, how everything is repriced instantly upward despite the fact some would inventory in stock at the lower cost base, and they could 'hold the line' on price and thus get more sales but do not. Same on the other side when crude prices come down and none of them drop the prices instantly. They maximize sales at the higher price on both sides.

Soft collusion is not that difficult as long as everyone plays ball. And the incentive to play ball is higher prices for all and higher profits for all, long term, instead of one group looking at a short term boost, that harms them all, long term.
The phenomenon you are describing occurs in every similar market in the world. It isn't unique to oil and gas, it doesn't mean that oil and gas companies can charge whatever they want without losing profits, and absent some sort of agreement, mechanism for price enforcement, etc., it isn't illegal.

Collusion in an industry like oil and gas isn't as easy to pull off as many assume. OPEC was set up as an express collusive arrangement, and even so, Saudi Arabia and other large producers had periodic difficulty in preventing people from cheating.
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07-12-2022 , 12:25 PM
Quote:
Originally Posted by lozen
A key sign of that is when oil collapsed we didnt see gas prices reflect a serious decline. They just kept the profits .The same will happen if Oil hits $60.00 a barrel Gas prices will not reflect that
It takes time for lower crude pricing to be felt at the gas pumps because of all the inventory along the way.

Gas prices rise faster because there's zero loyalty in the gas business. If you're 30 cents less than everyone else in the neighborhood, that guarantees you chew through your tanks faster, but then you're just going to have to fill it up at the higher price. You gain nothing by waiting to raise prices, and you lose those few days of extra profit.

It's not malicious collaboration, it's just sensible pricing strategy.

Once everyone can safely replace their stores at a lower price, now you can start trying to attract business from the guy across the street by lowering your prices.

Does anyone honestly believe there's an Oil Mafia out there controlling the hundreds of thousands of independent gas stations?
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07-12-2022 , 12:29 PM
Quote:
Originally Posted by Rococo
bahbah is almost never correct. But this time he is.
He's also not addressing the point.

Big oil always has to tap dance with the government since everything is tied to gas/oil prices.

I consider whatever price gouging is tacked on to the price of a consumer good a factor in it's inflated price. It's a simple matter of demand. People don't have baby formula and you do, they will pay you so their little **** stains don't starve.

Why a corporate dem or a free market twit doesn't want you to acknowledge that is beyond me, but I'm pretty sure the reason is political and not economic.



And that being said, lol if you think there's no collusion in the oil industry.
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07-12-2022 , 12:33 PM
Quote:
Originally Posted by bahbahmickey
Overthrowing main street, overthrowing the senate, overthrowing the supreme court... what is next?
It's uncanny how you didn't name the actual branch of government he led an armed rebellion against.

To be fair you probably don't know he's not allowed to tamper with the election results as most GOPers think the president is a king.
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