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Completely Unwoven: Business, Economics, and Tax Policy 4.0

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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

The reality is that a majority of executives are like Trump (though many of them are smarter). The only responsibility of a corporation, public or private, is to return a profit to its owners.
 
The reality is that a majority of executives are like Trump (though many of them are smarter). The only responsibility of a corporation, public or private, is to return a profit to its owners.

The second statement has only been true since the 80's, and even then not universally so. Traditionally corporations have numerous stakeholders; the owners, the managers, the employees, the customers, and even society. Then some greedy farkers gained a foothold in Harvard Business School and here's where we ended up.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

I just can't bring myself to shop at Lowe's and Menard's doesn't have the same level of quality in their products. Plus their owner is kind of a knuckledragger himself.

The owner of Menard's had language added to his managers' work instructions that included not on the need, the the how-to portion, of busting up any talk of unionizing by the sales staff.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

The owner of Menard's had language added to his managers' work instructions that included not on the need, the the how-to portion, of busting up any talk of unionizing by the sales staff.

Unions hurt the workers anyway. They don't care one lick about the quality of work, just how long you've given to their political action committee.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

My best friend from childhood is an economist and an attorney, but also, very weirdly, a Trumpie. (He works in NYC and has developed a pathological hatred of immigrants from litigating insurance fraud cases for the last 15 years).

I trust him to evaluate anything with hard numbers and econ theory fairly, and I sent him this with the question, "any rebuttal?"

He usually answers with detailed fisking of the source. This time his response, in full, reads as follows:

Nope. It's a horrible plan.

So Trump has literally lost his only intelligent supporter.
 
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

The epi-pen people are still getting their big price for their product.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Inside baseball: how the BAT died, and with it likely the meager chance of the GOP getting their ludicrous and disgusting giveaway to the rich.

This is very important because it's the only thing the Ryan Wing of the GOP cares about. A substantial part of the GOP, though less than ten years ago, exists only to steal from the middle class and give to the rich. This has been the GOP MO ever since Reagan's tax cuts, through every Republican president and Congressional majority since, and is even behind Republican-nominated SCOTUS picks. It's the only reason the party exists -- the only thing it stands for -- and with a generational opportunity to reduce the American 99% further into penury and debt slavery it looks like they may have blown it, despite their clean sweep of government.

Obviously they'll still try to jam it through and there will be NO help from any Republican on grounds of process or democratic standards, nor the corporate media because, duh, its owners stand directly to gain. But it's all the more important to keep pushing the orcs back until we have our chance in 2018 to kick them out. This is 6000 families against 300 million people. America is broken and lofo conservatives will still vote stupidly on their emotions, but PERHAPS we are in the process of dodging a bullet all because the Flatulent Fluffer in the West Wing can't find his as-s with two hands and a map.
 
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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

It's just more of the same. It's ebay. It's uber. It is the idea of providing a good or service outside of what has been considered the normal "chain" of business.

It's interesting, and it's certainly going to expand into other areas. But it's the wild, wild west out there. You might get a great place to stay. You might even get it dramatically cheaper than staying at a hotel or resort. Just like that uber ride may be a lot cheaper. But you also just bought a whole lot of caveat emptor.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

But you also just bought a whole lot of caveat emptor.

Yup. I am too risk averse even to use Uber. These things are for the young at heart, and cardiacally speaking I am about 738 years old.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Did anybody not see that coming?

Seems like that would be a leading indicator of VERY BAD THINGS.

Or, we have established the amount of time it takes the American consumer to forget everything. It's 10 years.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Seems like that would be a leading indicator of VERY BAD THINGS.

Or, we have established the amount of time it takes the American consumer to forget everything. It's 10 years.

It is. This was part of the run-up to what eventually happened with housing. People started defaulting on their mortgages because people who weren't really qualified under traditional, stricter rules, were now taking out larger mortgages than they could afford. There's been talk in DC about loosening mortgage requirements again, and some mortgage companies are excited for it.

When you consider the number of homes being built, the number of baby boomers who'll be dying off soon, and the possibility of another mortgage crisis, it may make 2007 look like just a bump in the road. The question then becomes if the defaults will be hidden, lacking a better term at the moment, within CDS tranches like they were last time.
 
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