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Business, Economics & Tax Policy 7: Workers of the world unite!

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  • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

    Originally posted by ScoobyDoo View Post
    Comcast already owns NBC. A real news channel. And CNBC. A real business channel. They can buy Fox and dump it. Eliminates the competition. I'm sure other companies have swallowed up competitors before just to destroy them. I would.

    Not that hard to follow.
    Right. Dump the higher-rated, makes more money for you channels. More likely they drop MSNBC and CNBC, since they already have NBC.
    What kind of cheese are you planning to put on top?

    Comment


    • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

      Originally posted by 5mn_Major View Post
      Tariffs? Oh yeah, there'll be news about them every day:

      Today, Coke announced prices are going up as they're passing the aluminum tariff (that is to say, tax) on to customers. You have to love corporate welfare at the public's expense.
      Why don't they buy their aluminum from American producers? Oh, right, the American producers all have their production facilities overseas and have to import it back into the US.


      Red Don knows industry.
      What kind of cheese are you planning to put on top?

      Comment


      • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

        Manufacturers can apply for and receive waivers for circumventing the steel tariffs. But US steel and Nucor are supplying info and evidently sometimes making s* up to stop these waivers. As the steel industry puts the hammer down, its customer base is getting more and more angry with it. This isn't going to have a pretty ending.

        Robert Miller, president and CEO of NLMK USA, said objections raised by U.S. Steel and Nucor to his bid for a waiver are "literal untruths." He said his company, which imports huge slabs of steel from Russia, has already paid $80 million in duties and will be forced out of business if it isn't excused from the 25 percent tariff. U.S. Steel and Nucor are two of the country's largest steel producers. "They ought to be ashamed of themselves," said Miller, who employs more than 1,100 people at mills in Pennsylvania and Indiana.

        https://www.cbsnews.com/news/u-s-fir...face-backlash/
        Go Gophers!

        Comment


        • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

          The restaurant industry spent 140 percent of its profits on buybacks from 2015 to 2017, meaning that it borrowed or dipped into its cash allowances to purchase the shares. The retail industry spent nearly 80 percent of its profits on buybacks, and food-manufacturing firms nearly 60 percent. All in all, public companies across the American economy spent roughly three-fifths of their profits on buybacks in the years studied. “The amount corporations are spending on buybacks is staggering,” Milani said. “Then, to look a little deeper and see how this could impact workers in terms of compensation, was staggering.”

          How much might workers have benefited if companies had devoted their financial resources to them rather than to shareholders? Lowe’s, CVS, and Home Depot could have provided each of their workers a raise of $18,000 a year, the report found. Starbucks could have given each of its employees $7,000 a year, and McDonald’s could have given $4,000 to each of its nearly 2 million employees.
          But those tax cuts surely won't mean these same companies just do more stock buybacks...

          Since then, analyses from investment banks and researchers have estimated that 40 to 60 percent of the savings from the tax cut are being plowed into buybacks. One analysis of companies on the Russell 1000 Index—which consists of big firms, much like the Standard & Poor’s 500 does—found that companies directed 10 times as much money to buybacks as to workers. As such, Milani and Tung said they expect the math on corporate spending on shareholders versus workers to become even more exaggerated in the coming years.
          oh...
          Last edited by trixR4kids; 07-31-2018, 12:44 PM.

          Comment


          • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

            It's not like nobody was warning that this would be the primary outcome of the tax cuts, in the months leading up to the vote.


            But no, companies, out of the goodness of their hearts, were going to pass those savings on to their employees.
            What kind of cheese are you planning to put on top?

            Comment


            • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

              Whoa

              @elonmusk: Am considering taking Tesla private at $420. Funding secured.
              CCT '77 & '78
              4 kids
              5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
              1 granddaughter (EML 4/18)

              ”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
              - Benjamin Franklin

              Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).

              I want to live forever. So far, so good.

              Comment


              • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

                Originally posted by joecct View Post
                Whoa

                @elonmusk: Am considering taking Tesla private at $420. Funding secured.
                Guy's smart, he doesn't want Soros to have a controlling share of his stuff.

                Comment


                • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

                  Originally posted by joecct View Post
                  Whoa

                  @elonmusk: Am considering taking Tesla private at $420. Funding secured.
                  Holy ****.

                  Also, he better be dam careful making claims like this publicly. The SEC will be watching his next steps carefully. If there's even a hint that he's manipulating prices they'll gut him*.









                  * with a mild slap on the wrist or an "Oh you!"
                  Code:
                  As of 9/21/10:         As of 9/13/10:
                  College Hockey 6       College Football 0
                  BTHC 4                 WCHA FC:  1
                  Originally posted by SanTropez
                  May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                  Originally posted by bigblue_dl
                  I don't even know how to classify magic vagina smoke babies..
                  Originally posted by Kepler
                  When the giraffes start building radio telescopes they can join too.
                  He's probably going to be a superstar but that man has more baggage than North West

                  Comment


                  • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

                    Originally posted by joecct View Post
                    Whoa

                    @elonmusk: Am considering taking Tesla private at $420. Funding secured.
                    He's Tweeting that for two reasons.
                    1) He's trying to drive up the price for investors. TSLA started off the dat around $342/share, people who already hold stock or buy right now could see a realized gain around 15-20%.
                    2) It's a good way to not get sued by investors after some of the hiccups reported recently.
                    "The party told you to reject the evidence of your eyes and ears. It was their final, most essential command." George Orwell, 1984

                    "One does not simply walk into Mordor. Its Black Gates are guarded by more than just Orcs. There is evil there that does not sleep, and the Great Eye is ever watchful. It is a barren wasteland, riddled with fire and ash and dust, the very air you breathe is a poisonous fume." Boromir

                    "Good news! We have a delivery." Professor Farnsworth

                    Comment


                    • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

                      @FoxBusiness: #StockAlert: @Tesla shares halted for news pending. https://twitter.com/FoxBusiness/stat...199296/video/1
                      CCT '77 & '78
                      4 kids
                      5 grandsons (BCA 7/09, CJA 5/14, JDL 8/14, JFL 6/16, PJL 7/18)
                      1 granddaughter (EML 4/18)

                      ”Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
                      - Benjamin Franklin

                      Banned from the St. Lawrence University Facebook page - March 2016 (But I got better).

                      I want to live forever. So far, so good.

                      Comment


                      • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

                        "Guess what's back, back again,
                        Asbestos is back, tell a friend.
                        Guess what's back, Guess what's back,
                        Guess what's back, Guess what's back,
                        Guess what's back, Guess what's back,
                        Guess what's back."
                        “Demolish the bridges behind you… then there is no choice but to build again.”

                        Live Radio from 100.3

                        Comment


                        • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

                          Originally posted by aparch View Post
                          "Guess what's back, back again,
                          Asbestos is back, tell a friend."
                          Trump loves the stuff. Said that towers would not have come down if they had used asbsetos.
                          **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

                          Originally Posted by dropthatpuck-Scooby's a lost cause.
                          Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

                          Comment


                          • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

                            Originally posted by ScoobyDoo View Post
                            Trump loves the stuff. Said that towers would not have come down if they had used asbsetos.
                            Apparently the increased production is already "Trump Approved!"
                            https://www.facebook.com/Uralasbest/posts/531137150617873



                            Donald is on our side!

                            The combine "Uralasbest" produced an unusual batch of chrysotile: on the packaging of pallets with a mineral there is a stamp "Approved by Donald Trump, 45th President of the United States". In this unusual way, the workers of the combine's asbestos-processing plant thanked US President Donald Trump for his words in defense of chrysotile-asbestos.
                            He supported the head of the US Environmental Protection Agency Scott Pruitt, who stated that his agency would no longer deal with the negative effects that could potentially result from products containing asbestos. Donald Trump supported the specialist and called asbestos "100 percent safe after use."
                            "We came out with the initiative to support our chrysotile industry in this way and remind that our" mountain flax "is an important mineral for the whole world. The management has approved! ", They told in the factory.
                            Last edited by aparch; 08-07-2018, 02:49 PM.
                            “Demolish the bridges behind you… then there is no choice but to build again.”

                            Live Radio from 100.3

                            Comment


                            • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

                              Originally posted by aparch View Post
                              Apparently the increased production is already "Trump Approved!"
                              That's definitely a pro life position. More power to him.
                              Last edited by ScoobyDoo; 08-07-2018, 02:50 PM.
                              **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

                              Originally Posted by dropthatpuck-Scooby's a lost cause.
                              Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

                              Comment


                              • Re: Business, Economics & Tax Policy 7: Workers of the world unite!

                                Edit. Sorry was struggled with getting the Facebook photo so show on my work WIFI, so I made it an Imgur file.
                                “Demolish the bridges behind you… then there is no choice but to build again.”

                                Live Radio from 100.3

                                Comment

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