Legend [15181]
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All-TigerNet [11538]
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Seem to recall Trump and Bezos were best buds?
May 17, 2022, 6:09 PM
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Sometimes billionaires get it right, sometimes not. (BTW Putin and Gates are also billionaires.) No doubt all these folks are good at making money for themselves.
Are we for or against Walmart and Amazon forcing the small main street businesses to close their doors? Are we for or against big Tech - for if Musk owns Twitter? Are we for or against big Pharmaceutical?
Or is support dependent on momentary political convenience?
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Legend [15181]
TigerPulse: 100%
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Re: Seem to recall Trump and Bezos were best buds?
May 17, 2022, 6:20 PM
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Just saying they’re saying the same causes of inflation that many in here tried to deny
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All-TigerNet [11538]
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The Democratic Covid spending bill is ONE cause of inflation.
May 17, 2022, 7:53 PM
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Other causes include…
- Covid 19 and impacts to both supply and demand curves both during economic downturn and again in recovery _ a double whammy on supply and demand curves.
- World events such as Ukraine especially energy impacts
- Fed Policy
Other lesser factors that are being priced in …
- Long term government economic policy spanning many administrations perhaps as far back as the ‘80s that allowed US manufacturing outsourcing.
- Long term business strategy that embraced globalization, JIT inventories, lowest cost suppliers without evaluating risk etc.
The current administration and the Fed were slow to recognize extent of inflationary pressures and act.
What’s the best thing to do at this point in time?
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Legend [15181]
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Re: The Democratic Covid spending bill is ONE cause of inflation.
May 17, 2022, 10:24 PM
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Neither Bezos nor Musk focused on any of those. Why is that? Is it because they’re not making excuses for Biden?
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CU Guru [1892]
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Re: "Billionaires" in this context S/B non politicians
May 17, 2022, 8:55 PM
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Including politicians in the "billionaires" category for this discussion just ain't right.
Real billionaires make their money (or inherit it).
Politician billionaires steal it.
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Orange Blooded [3920]
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Re: Another billionaire against Biden and the current Dem Party
May 17, 2022, 6:14 PM
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My take on T3's post is that the pendulum is swinging back towards sanity.
Most of the outspoken billionaire's in the political scene or influencing it seem to be lefties.
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Team Captain [499]
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Re: Another billionaire against Biden and the current Dem Party
May 17, 2022, 10:32 PM
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Musk never intended to buy Twitter. It was just a way to destroy it by exposing all the bot and fake accounts. Lawsuits from shareholders and advertisers incoming.
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Starter [369]
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Re: Another billionaire against Biden and the current Dem Party
May 17, 2022, 10:43 PM
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Is that what he told you? If you speak with him again, tell him he is a hero. Anyway, so without owning it now, how does he stop the bots that everyone already knew about? Was he just bring awareness? Billions of dollars for awareness? So cool He has a huge heart.
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All-In [36213]
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Musk never had any intention of buying twitter
May 17, 2022, 10:47 PM
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it's just his normal pump and dump
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