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Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by Handyman View PostCornell University
National Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by mookie1995 View PostDrama, philosophy. Ithaca Double Deuce
https://www.youtube.com/watch?v=OEAirziWdfoWhat kind of cheese are you planning to put on top?
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by Handyman View PostNo you dont. You know enough about economics to not sound as ridiculous as Priceless does. We dont allow Hipsters and Faux Socialists to live in my head...your kind arent welcome
Plus admit it, you thought it was funny when Clown called you the "Cornell Drama Major"Cornell University
National Champion 1967, 1970
ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020
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Originally posted by Kepler View PostIt was a lot funnier then either of you know. I had an independent major in Playwriting."It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
-aparch
"Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
-INCH
Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
-ScoobyDoo 12/17/2007
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Originally posted by FadeToBlack&Gold View PostBecause it's more important for shareholders to get their dividends.
Mc d restaurants are franchises. The Corp is a re company. They buy the land and lease it to the franchisees - that is where they make their haul.
Now would it be perhaps good pr for Corp to help out?? Maybe.... but they really have no say one way or the other.a legend and an out of work bum look a lot alike, daddy.
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Originally posted by Kepler View PostIt was a lot funnier then either of you know. I had an independent major in Playwriting.
Phd: take my husband, please.
Cast: (laughter)a legend and an out of work bum look a lot alike, daddy.
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by mookie1995 View PostDidn't anyone besides mookie watch the Michel keaton ray Kroc movie?
Mc d restaurants are franchises. The Corp is a re company. They buy the land and lease it to the franchisees - that is where they make their haul.
Now would it be perhaps good pr for Corp to help out?? Maybe.... but they really have no say one way or the other.
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Originally posted by mookie1995 View PostScene 1: highly educated gov employee, female PhD at a cocktail.party chatting with friends and colleagues gestures towards awkward husband at buffet overloading plate with chicken wings..
Phd: take my husband, please.
Cast: (laughter)Huskies are very intelligent and trainable. Huskies make an excellent jogging companion, as long as it is not too hot. Grooming is minimal; bathing is normally unnecessary.
USCHO Fantasy Baseball Champion 2011 2013 2015
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by mookie1995 View PostScene 1: highly educated gov employee, female PhD at a cocktail.party chatting with friends and colleagues gestures towards awkward husband at buffet overloading plate with chicken wings..
Phd: take my husband, please.
Cast: (laughter)
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Originally posted by FadeToBlack&Gold View PostYes, I did. And you're correct about McDonalds Corp basically being a real estate holdings firm (except for the company-owned stores). Where you're wrong is your assertion that they don't have a say in how those stores are operated. They might stay out of the day-to-day affairs of flipping burgers and counting the beans (unless a franchise is doing poorly), but corporate still wields a lot of power.Huskies are very intelligent and trainable. Huskies make an excellent jogging companion, as long as it is not too hot. Grooming is minimal; bathing is normally unnecessary.
USCHO Fantasy Baseball Champion 2011 2013 2015
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by mookie1995 View PostScene 1: highly educated gov employee, female PhD at a cocktail.party chatting with friends and colleagues gestures towards awkward husband at buffet overloading plate with chicken wings..
Phd: take my husband, please.
Cast: (laughter)Legally drunk???? If its "legal", what's the ------- problem?!? - George Carlin
Ever notice how everybody who drives slower than you is an idiot, and everybody who drives faster is a maniac? - George Carlin
"I've never seen so much reason and bullsh*t contained in ONE MAN."
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Originally posted by Kepler View PostThe Fed does not "make" or "lose" money, it's just an organ of monetary policy. It buys or sells bonds to inject money into (or withdraw it out of) the private economy. And most famously the Fed can also change the prime rate which is supposed to accelerate or brake the velocity of money as it flows through the economy by making lending more or less attractive. As the economy speeds up inflation can rise but growth increases and unemployment drops. It's a balancing act. (Lately all that really seems to happen is large entities horde and the plebeians are f-cked.)Originally posted by St. Clown View PostThe Fed makes money. As of 2000 it had never lost money on its operations. I can’t speak for the past 20 years. Ignore the Cornell drama major’s response.
Banks pay the Fed for its depository services, which are mandated as one of its FDIC functions, and can help control the money supply but to change it would be a very aggressive tool.
Banks are required to keep a Reserve Requirement of deposits, and they're officially stored at the Fed (even if it's only via a ledger account these days). The Fed sets this ratio (the reserve ratio), and charges a bank for storing this cash, like old savings and checking accounts back before the free personal accounts began to appear back in the 80's or 90's. The ratio concept was established during the Great Depression, and since adopted pretty much by central banks worldwide. The fees associated with these reserve ratio deposits fund the Fed. How the Federal Reserve uses these fees are determined entirely by the FRB, and any "fees in excess" (officially not called a profit) are turned over by the Fed to the US Dept. of Treasury to help fund the US Federal government.
The reserve ratio is usually kept around 10%, but has gone up and down over the years. These changes are rare as they have HUGE impacts on the economy. This all goes into the money multiplier equation as a whole. The effect can appear in multiple portions of the equation, including the velocity of money portion if done incorrectly."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
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
.@SenWarren on stimulus stalemate: “This is not a bipartisan proposal, this is a Republican-only proposal at this point, and it creates a slush fund for the big guys and no help for workers and no help for hospitals, and I don't see how the Democrats can possibly support that. “
— Kimberly Atkins (@KimberlyEAtkins) March 22, 2020
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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich
Goldman Sachs: GDP might drop by 25% in second quarter
— Josh Jordan (@NumbersMuncher) March 22, 2020
Fed Reserve President Bullard: Hold my beer
'US unemployment might hit 30% in Q2 because of coronavirus shutdowns, and GDP might drop by 50%.'
That is not with the "if Congress does nothing" caveat.https://t.co/hOyvjd4uPO
For some horrifying historical perspective, the unemployment rate in the Great Depression peaked at 24.9%.
— Kevin M. Kruse (@KevinMKruse) March 22, 2020
And the US didn't hit that point until 1933, after nearly four years of a steadily worsening crisis. If we actually hit 30% right off the start, it'll be absolutely brutal. https://t.co/dMGCUqmZ7c
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