As usual, another great article. However, a logarithm isn't the same as an algorithm. Bill is so much more well-spoken than me, I have to wonder if he's just seeing if we're paying attention.
Bill, your "Comments" section is indicative of some of the great writing that you do in that it is taking on a life of its own. Unfortunately, the personal attacks - from anyone to anyone - detract immensely from the value of the commentary.
Bill entertaining and informative .. know that you disregard the comments designed to show that 'they' are smarter than you and always giving comparisons of their superior intellect .. so just ignore them and keep telling it your way .. still most enjoyable read in my daily in-tray!
Agree with your comments here Bill. But its not solving the problem. Advise, in an open letter to President Biden, what he should enact to counter the problems and save the world from extinction. In the latter case, assets of any description will be worthless.
I read an article by Umair Haque entitled "Greedflation is Wrecking our Economies." The premise is that corporations are using the Covid pandemic as an excuse to raise unholy profits. The average corporate profit from 1979 - 1999 was 11.4%. This includes the inflation of the late 70's and early 80's. From 2020 to 2021 their profits were 53.9%. He says that inflation IS NOT the consequence of giving people needed money during catastrophic times. Corporations just raise prices because they can. Today materials and labor costs are rising 50% but profits rose another 50%. So half of rising prices are due to companies gouging us. They are profiteering off a pandemic. They are taking money from the little guys as the rich get richer. "How are young people going to afford a place to live? How are families going to pay the bills? Who is ever going to pay off their debts? Nations become failed states this way--or worse, go from failed to fascist states."
As usual, another great article. However, a logarithm isn't the same as an algorithm. Bill is so much more well-spoken than me, I have to wonder if he's just seeing if we're paying attention.
Another great one from Bill. Insight and humor. Unbeatable.
PG V - what happened to you ?
No comment today - you haven't finally gone on your over due holiday have you -
if not yet please do ASAP
Bill, your "Comments" section is indicative of some of the great writing that you do in that it is taking on a life of its own. Unfortunately, the personal attacks - from anyone to anyone - detract immensely from the value of the commentary.
Bill entertaining and informative .. know that you disregard the comments designed to show that 'they' are smarter than you and always giving comparisons of their superior intellect .. so just ignore them and keep telling it your way .. still most enjoyable read in my daily in-tray!
Yep "algorithm," not "logarithm." Also, "petard."
Agree with your comments here Bill. But its not solving the problem. Advise, in an open letter to President Biden, what he should enact to counter the problems and save the world from extinction. In the latter case, assets of any description will be worthless.
Time to back off, you cannot ask Russia to stop the war by providing and sending more weapons. https://www.facebook.com/?ref=tn_tnmn
Please send posts to my email…I did not get yesterdays, maybe as result of difficulties mentioned above. Thanks
I read an article by Umair Haque entitled "Greedflation is Wrecking our Economies." The premise is that corporations are using the Covid pandemic as an excuse to raise unholy profits. The average corporate profit from 1979 - 1999 was 11.4%. This includes the inflation of the late 70's and early 80's. From 2020 to 2021 their profits were 53.9%. He says that inflation IS NOT the consequence of giving people needed money during catastrophic times. Corporations just raise prices because they can. Today materials and labor costs are rising 50% but profits rose another 50%. So half of rising prices are due to companies gouging us. They are profiteering off a pandemic. They are taking money from the little guys as the rich get richer. "How are young people going to afford a place to live? How are families going to pay the bills? Who is ever going to pay off their debts? Nations become failed states this way--or worse, go from failed to fascist states."
Me thinks PV fits the definition of a textbook narcissist.
Eventually it will be inflate and die.
Thanks for telling it like it is.
Thanks! Enter to laugh than cry.
AT least Trump gave the Elites $1.3 TRILLION in tax breaks as they siphoned off the wealth of the working class.