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Business, Economics, and Taxes: Eat Cereal for Dinner

Markets got hit again today:

Dow down almost 200
NASDAQ down almost 3%
S&P down 1.5%

So glad we have business people in charge!
 
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Its fine right...

edit: apparently Elon is trying to say drops in consumer spending are a good thing. I hate when stupid people are in charge...
 
Last edited:
Handyman said:
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Its fine right...

edit: apparently Elon is trying to say drops in consumer spending are a good thing. I hate when stupid people are in charge...
Click to expand...
Well, he's right if the goal is to end inflation by bringing on a full bore recession. I mean, that's what Argentina or Venezuela or whatever shithole country they've been using as an example did.

And that's what they want to do here. Recession means wages go down also, so that makes the corporate billionaires extremely happy.
 
rufus said:
Well, he's right if the goal is to end inflation by bringing on a full bore recession. I mean, that's what Argentina or Venezuela or whatever shithole country they've been using as an example did.

And that's what they want to do here. Recession means wages go down also, so that makes the corporate billionaires extremely happy.
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Bingo. Muskrat and co don't care if the economy crashes. Wages go down and they can buy distressed assets at low low prices. Plus, only the politicians have to deal with the consequences and not them.

And if the people start to get rowdy they can just bug out.
 
It's hard for me to take anyone seriously who uses FVCK unironically lol
I've seen so many of them lately on Bluesky. Like, it's ok. You can swear.
 
Dumb question for, I dunno, Michiganers and Vermonters maybe.

Those are lumber tarriffs. Why don't we import timber and just mill our own lumber? Derp job source, even.

I assume we are not timber self-sufficient unless we destroy our forests, which, no.
 
I cant answer your question but I can say that I have a friend that has a company ships grain and lumber...and container prices skyrocketed in October making it unprofitable. Now with the election causing the USAID issues and tariffs...he is selling it off.
 
Kepler said:
Dumb question for, I dunno, Michiganders and Vermonters maybe.

Those are lumber tarriffs. Why don't we import timber and just mill our own lumber? Derp job source, even.

I assume we are not timber self-sufficient unless we destroy our forests, which, no.
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Fixed your post.

Its likely because the raw timber can carry invasive species in the wood that would decimate our forests (as seen already with ash borer and pine beetles). We also don't have the facilities to convert timber to lumber, and what we do have is already busy enough (or competing for timber with the paper and pulp industries).

Also: wildfires. Growing vast areas of highly flamable product can have catastrophic results with climate change getting worse.

Doing it all in-house would absolutely wreck the country and it would look like it did in the late 1800s and very early 1900s where vast swaths of land were clearcut for demand.

These practices at the end of the 19th Century created some ecological disasters that the country is finally recovering from. Prairie lands and ecosystems were completely turned upside down causing flooding, droughts, and wildlife shifts that are still felt today.


Tl;dr - We're a nation of greedy consuming assholes who use more product than we produce, even if we paid proper wages to do it ourselves.
 
Also, invasive species are very dangerous, but pompous entitled asshats only think about themselves. Local agencies like the Michigan DNR take it so seriously that they have "firewood drop" areas set up at the Mackinac Bridge to prevent firewood from crossing and contaminating the other half of the state. Other states also try to prevent transport of firewood for the same reasons. The entitled shits "don't understand it because it doesn't affect them!" and whine about government overreach.

A tale as old as time.
 
aparch said:
Also, invasive species are very dangerous, but pompous entitled asshats only think about themselves. Local agencies like the Michigan DNR take it so seriously that they have "firewood drop" areas set up at the Mackinac Bridge to prevent firewood from crossing and contaminating the other half of the state. Other states also try to prevent transport of firewood for the same reasons. The entitled shits "don't understand it because it doesn't affect them!" and whine about government overreach.

A tale as old as time.
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Not related but adjacent:
A couple weeks ago I saw someone share a post on FB from a Yooper who was angry at the DNR because wolves had killed his hound while they were out hunting. A long rant at liberals, the DNR, and he might've even thrown PETA in there too, for keeping wolves on the protected list in Michigan because now he can't practice his family tradition of hound hunting and pass it onto his kids because there are too many wolves. Guy barely even mentioned the dog, so he might've considered it a pet, but it really just seemed like he treated it as another tool that facilitated his hunting hobby.

Now, as someone who doesn't hound hunt, I don't know the specifics of how far ahead the dog is going during the hunt, but if you know there are wolves out there, why are you even going out there with the dog in the first place? And the only reason hound hunting is even a "tradition" in your family is because the wolves were all wiped out before from over-hunting.
 
Spartanforlife4 said:
Not related but adjacent:
A couple weeks ago I saw someone share a post on FB from a Yooper who was angry at the DNR because wolves had killed his hound while they were out hunting. A long rant at liberals, the DNR, and he might've even thrown PETA in there too, for keeping wolves on the protected list in Michigan because now he can't practice his family tradition of hound hunting and pass it onto his kids because there are too many wolves. Guy barely even mentioned the dog, so he might've considered it a pet, but it really just seemed like he treated it as another tool that facilitated his hunting hobby.

Now, as someone who doesn't hound hunt, I don't know the specifics of how far ahead the dog is going during the hunt, but if you know there are wolves out there, why are you even going out there with the dog in the first place? And the only reason hound hunting is even a "tradition" in your family is because the wolves were all wiped out before from over-hunting.
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Hounds are used to hunt bear and other medium/large game in Michigan. And the hunters will usually troll along county roads and then turn the dogs loose to go "hunt" then chase after the dogs. The dogs don't care about property lines (obviously), so the hunters either have to ask the property owners permission to "retrieve" their dogs, or trespass to get them back. The dogs are typically beagles outfitted with radio transponder for tracking. IIRC, you're supposed to keep the dog within visual range, but most dog hunters I've experienced don't follow that.

Side note, in the 90s, had a pissy hunter whine when told he couldn't go onto our family property to "retrieve" his dog (essentially hunt on private land). My dad grabbed a gun, walked past the man and said "you got 30 minutes to park on the county road next to the property and call for your dog, unless I find him first." Hunter drove to the side road and quickly retrieved his dog.

In my experience, hunters with dogs treat them as tools. They're not pets, they're just another thing like a gun or knife. Heard from a rescue group back home that one dog hunter called the shelter and told them "I got a litter of dogs in a pen outside. I gave up hunting a while ago. If the dogs aren't claimed by tonight, I'm shooting them."
 
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