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Old 11-16-2012, 01:28 PM #43
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Originally Posted by F1VENOM View Post
Sounds like you have a problem with businesses trying to squeeze every dollar out of you. When's the last time any one of those businesses didn't increase profits?
or an increase in the cost to produce what he is talking about, causing an increase in price.

unions fight for higher wages, better conditions, more time off, and others. this costs more for the company, meaning either prices go up or staff is cut. unfortunately, unions don't let companies fire workers very easily, so the next best option is to raise prices.

Now, throw in a increase in the various products required to produce the final item being sold to the consumer and that will give you a reason why prices can be increased.

Take a step back and realize not all businesses want to simply raise prices for no reason just so they can make 100 trillion dollars.
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Old 11-16-2012, 02:01 PM #44
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EXACTLY what I was thinking Umami.

Must have been the zombies that killed the Twinkies....

Although, I'm sure that this is just the beginning of American companies going belly up over the next 4 years. Kodak was first, now Hostess.
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Old 11-16-2012, 02:17 PM #45
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It wasn't.
Yes, yes it was. they were given a substancial equity position whihc they started selling as soon as it went public, yet the tax payers are still carrying a huge loss.
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Old 11-16-2012, 02:26 PM #46
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Originally Posted by FreeEnterprise View Post
seriously?...

Why have my healthcare costs gone up 45%, 52%, and 65% while my benefits have gone down every year for the past three years then?...
More than likely they have gone for the EXACT SAME REASON health care costs have gone up for the past 50 years... http://usatoday30.usatoday.com/money...ce-costs_N.htm


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That extra money that I am paying doesn't appear on the back of a unicorn flying over a rainbow...

You must be one of those people that think having kids on your plan until they are 26 is "free" too...

Silly liberal.
You must be on of those ignorant teabaggers who has trouble telling reality from the spoon fed fiction that "Fox news" pumps out.

Quote:
What does a gallon of gas cost where you live? It is $3.59 a gallon here right now. And the average for the past four years is extremely high...
May-be gas costs so much because of this...http://www.eia.gov/dnav/pet/hist/Lea...s=WRPNTUS2&f=W
or this...http://www.eia.gov/dnav/pet/hist/Lea...s=WRPEXUS2&f=W

Now call me crazy but when you have a demand for a product and you start EXPORTING (I know you are having issues with this so Exporting means shipping out of America) that product out of supply system to the tune of 3,119,000 Barrels per day in Feb 2012 (which is 984,000 barrles petroleum products more per day than you did in 2011 and 1,440,000 more barrels of petroleum product per day than you did in 2010) it doesn't take an economics major to tell you the cost of that product will go up.s.

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I guess Wendy's has meals under $5.00 where you live? Cause the #1 is about $5.50 here and that is an increase of a dollar since Obama took over.

That is 20% higher than it was under bush...
And once more WE ARE EXPORTING MORE ALL MOST 3Xs AS MUCH GAS AS WE DID WHEN BUSH WAS PRESIDENT. WHILE OUR DEMAND HASN"T DECREASED OUR US PRODUCTION HAS INCREASED BUT WE ARE CURRENT EXPORTING MORE GAS THAN OUR PRODUCTION INCREASE CAN MAKE UP FOR. THE NET RESULT IS GAS PRICES HAVE CONNTINUED TO CLIMB. THIS HAS INCREASED THE COST IN OTHER FIELDS SO COSTS HAVE RISEN IN THEM AS WELL.

I honestly don't know how much clearer I can make it. There isn't a war on oil. Obama is not to blame. If you want to lower gas prices STOP EXPORTING.
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Old 11-16-2012, 02:28 PM #47
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Yes, yes it was. they were given a substancial equity position whihc they started selling as soon as it went public, yet the tax payers are still carrying a huge loss.
Nope, it wasn't.
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Old 11-16-2012, 02:31 PM #48
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Originally Posted by F1VENOM View Post
First it's a war on class and now it's a war on business. It couldn't be that Hostess mismanaged and couldn't keep the business profitable.

Weren't you the same guy who said bankruptcy for the auto industry would have been beneficial because the companies don't disappear?
hostess was mismanaged because it couldn't manage itself due to the the unions being uncompromising. Sound familiar? It should because that's the way our federal government is headed.

a good little microcosm of what happens when liberals think they know economics
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Old 11-16-2012, 02:38 PM #49
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Looks like this is the second time around for them.

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Under the name Interstate Bakeries, the company previously filed for bankruptcy protection in 2004, emerging in February 2009.
The crux of it.

Quote:
Hostess, which is based in Irving, Texas, had total assets of $981million and liabilities of $1.43billion as of December 10, 2011.
http://www.dailymail.co.uk/news/arti...conscious.html

Damn, looks like 4 years of Bush didn't help them. What a shame.
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Old 11-16-2012, 02:40 PM #50
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Originally Posted by F1VENOM View Post
Looks like this is the second time around for them.



The crux of it.



http://www.dailymail.co.uk/news/arti...conscious.html

Damn, looks like 4 years of Bush didn't help them. What a shame.
yep it's bush's fault
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Old 11-16-2012, 02:44 PM #51
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yep it's bush's fault
As much as it's Obamas.
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Old 11-16-2012, 02:46 PM #52
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You must be on of those ignorant teabaggers who has trouble telling reality from the spoon fed fiction that "Fox news" pumps out.
LOL
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Old 11-16-2012, 02:48 PM #53
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LOL
yeah it is pretty funny isn't it. how sad is it that people think they can get things for free.

whoever thinks it is has obviously never done an open enrollment on a family plan. The employee contribution is you and the employer contribution is the company you work for. It's not free money. Just wait until everyone starts getting their employer contribution taxed as earned income, but it's ok it's not a tax it's a fee.....HUGE difference because only the lucky people have to pay it. The unlucky people are feeding off you with their flat panel TV and iphone. Being poor in American is hard stuff.
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Old 11-16-2012, 02:53 PM #54
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so explain to me why is the UAW was given a major stake in GM?
Because GM owed them big time and the UAW took stock instead of cash as a concession.
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Old 11-16-2012, 03:20 PM #55
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yeah it is pretty funny isn't it. how sad is it that people think they can get things for free.

whoever thinks it is has obviously never done an open enrollment on a family plan. The employee contribution is you and the employer contribution is the company you work for. It's not free money. Just wait until everyone starts getting their employer contribution taxed as earned income, but it's ok it's not a tax it's a fee.....HUGE difference because only the lucky people have to pay it. The unlucky people are feeding off you with their flat panel TV and iphone. Being poor in American is hard stuff.
why are you quoting me when u say this? lol
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Old 11-16-2012, 03:35 PM #56
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Because GM owed them big time and the UAW took stock instead of cash as a concession.
what, were they getting IOU's instead of paychecks before?
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Old 11-16-2012, 04:08 PM #57
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why are you quoting me when u say this? lol
why are you quoting me quoting you? lol
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Old 11-17-2012, 01:03 AM #58
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idk... u quoted me and posted something that seemed to be directed toward me. im one of the few people here on PBNation that don't lean left and wipe Obama's *** for him lol
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Old 11-17-2012, 01:06 AM #59
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5000 lost 18000 jobs...that doesnt seem very nice to me
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Old 11-17-2012, 01:17 AM #60
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Originally Posted by FreeEnterprise View Post
seriously?...

Why have my healthcare costs gone up 45%, 52%, and 65% while my benefits have gone down every year for the past three years then?...

That extra money that I am paying doesn't appear on the back of a unicorn flying over a rainbow...

You must be one of those people that think having kids on your plan until they are 26 is "free" too...

Silly liberal.

What does a gallon of gas cost where you live? It is $3.59 a gallon here right now. And the average for the past four years is extremely high...

That costs jobs.

I guess Wendy's has meals under $5.00 where you live? Cause the #1 is about $5.50 here and that is an increase of a dollar since Obama took over.

That is 20% higher than it was under bush...
I always lol when people imply the economy would be better under McCain-Palin. The president is not a magician, it's not his fault Americans are ill-equipped for an increasingly knowledge-based economy.
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Old 11-17-2012, 01:24 AM #61
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good thing unemployment is mostly cyclical and not structural then...
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Old 11-17-2012, 01:59 AM #62
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If anyone bothered to read the financial article I posted above, you'd see Hostess was pretty much a sinking ship already. They wanted to keep hanging on by fleecing the workers more and more and the workers basically decided they weren't going to take it. The asset purchaser will probably employ many if not all of the former workers, and they may be similarly screwed over but at least they didn't slit their own throats. Sometimes you have to stand and fight.
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Old 11-17-2012, 04:40 AM #63
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Coming from a California resident... I can assure you that unions are one of the most powerful organizational systems in America, and especially California.
That's also why we have to pay for a $68 billion train.
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