I feel sorry for them.

Not me.

 

Not me.

Then too I guess you are right. They say you get what you vote for. They seem to have some serious leadership problems. Speaking about leadership how is this whole inflation thing working for you. Went grocery shopping today and my usual about $125 is now hitting about $200, I did add some Nabisco Wafers and a box of Oreo cookies, maybe they put me over?

Ron

 

Then too I guess you are right. They say you get what you vote for. They seem to have some serious leadership problems. Speaking about leadership how is this whole inflation thing working for you. Went grocery shopping today and my usual about $125 is now hitting about $200, I did add some Nabisco Wafers and a box of Oreo cookies, maybe they put me over?

Ron

Have to pay property insurance for my commercial building today. Last year's premium about $25K. This year, $65K -- for less coverage.

It's ok, though. I just happened to have and extra $40K lying around and I was wondering what I should do with it.

 

I heard about 7% in the US can’t afford to pay their utility bills. What’s going to happen in winter?

 

I heard about 7% in the US can’t afford to pay their utility bills. What’s going to happen in winter?

Not to worry. The government will pay their bills and forgive any debt.

Ron

 

I heard about 7% in the US can’t afford to pay their utility bills. What’s going to happen in winter?

Not to worry. The government will pay their bills and forgive any debt.

Naw, your both wrong, joey will cover it from his extra money

 

Not to worry. The government will pay their bills and forgive any debt.

Ron

Plus, the government will pay the big oil/gas/electric companies huge subsidies to maintain their plants so they can supply fuel at reasonable prices. Then the big oil companies will give their executives big bonuses and buy back shares. But subsidizing heating costs for the poor is terrible, right?

 

I heard about 7% in the US can’t afford to pay their utility bills. What’s going to happen in winter?

https://www.acf.hhs.gov/ocs/programs/liheap/about
The Low Income Home Energy Assistance Program (LIHEAP) helps keep families safe and healthy through initiatives that assist families with energy costs.
https://time.com/nextadvisor/in-the-news/utility-bill-deferment-ending/

The same thing they do it the EU. 7% must be a magic number.
https://ec.europa.eu/eurostat/web/products-eurostat-news/-/DDN-20200120-1

Improving the living conditions of its people and fighting poverty and social exclusion is a central part of European Union policies. Nevertheless, there are still households in the EU that have difficulties in making ends meet. In 2018, almost 7% of households had been unable to pay utility bills (heating, electricity, gas, water, etc.) on time, due to financial difficulties. However, this share has fallen steadily in the EU as a whole, from over 10% of households in 2013.

https://www.euronews.com/next/2022/...what-are-countries-doing-to-help-you-pay-them
Energy bills are soaring in Europe. What are countries doing to help you pay them?

 

Plus, the government will pay the big oil/gas/electric companies huge subsidies to maintain their plants so they can supply fuel at reasonable prices. Then the big oil companies will give their executives big bonuses and buy back shares. But subsidizing heating costs for the poor is terrible, right?

and what is Europe doing? Burning coal, and paying huge subsidies to maintain their coal plants after shutting them down.
https://www.voanews.com/a/6719878.html

Russia's curtailing of gas exports to Germany in the wake of the Ukraine war has forced Berlin to make the radical decision to restart coal power stations, at least temporarily.

But infrastructure issues, manpower shortages and logistical problems are proving to be major obstacles for the restart.

At Moorburg, operator Vattenfall has dashed hopes of new operations, saying simply that "restarting it would be neither technically, economically nor legally feasible."

"Many parts have been dismantled and sold," said Robert Wacker, director of the site.
...
Chancellor Olaf Scholz's government has said it would stick to the 2030 coal exit timetable, but in the meantime, it authorized the restart of 27 mothballed plants or those put in reserve to help fill the energy gap until March 2024.

With a capacity of 875 megawatts (MW), Uniper's Heyden 4 figures as the largest on the list.

But the Moorburg plant, located in the suburb of Hamburg, had been one of the most modern in the world.

It was shut down in the summer of 2021, just six years after it was put into service, in exchange for a public subsidy program aimed at cutting coal from Germany's energy mix.

Energy supplier STEAG has also said that it would bring into operation two coal-fired plants from its reserve.

It has targeted November as a possible restart date, but it also noted that current rules require sites to have coal supplies for 30 days — something that would be unachievable "given the current tight logistics situation on rail transport."

In a bid to unblock the jam, Berlin decided Wednesday to prioritize coal and oil cargo over passenger travel this winter.

https://www.downtoearth.org.in/blog...shift-to-coal-what-about-climate-goals--83465

What happens to their climate goals? Europe has money so it can tilt the playing field. Let me explain how EU wants to phase out coal-fired plants by 2030. So, plants in Europe have to be shut down, then where will they get their coal? From other countries — the developing world.

They will supply coal to Europe, in fact they already are. Colombia is one of the countries doing that. In March alone, Europe imported 1.3 million tonnes of coal from Colombia. Colombian exports to the EU have increased by over 47 per cent this year, Braemar data showed.

South Africa is another candidate. It shipped nothing to Europe in march last year. But this year, it sent 287,000 tonnes of coal.

The United States, Australia and Indonesia are all supplying coal to Europe. But even together, they may not be able to meet the continent's growing demand.

These countries have hit their production limits, plus there’s another problem: European banks won’t finance Russian coal purchases. So, energy companies in Europe have very limited options. They have to buy more coal from the developing world so that Europe can survive the heat wave.

Again, what about their climate promises? Shutting down your coal plants and buying from outside hardly solves the problem. In the past Europe never tired of telling this to the world.

 

Plus, the government will pay the big oil/gas/electric companies huge subsidies to maintain their plants so they can supply fuel at reasonable prices. Then the big oil companies will give their executives big bonuses and buy back shares. But subsidizing heating costs for the poor is terrible, right?

I never said subsidizing for the poor was terrible so please don't quote me and twist my words. All I stated was a simple fact. Now if you have an issue with big oil, gas, or electric companies getting subsidies I suggest you take it up with your elected officials. I never suggested the government writing any of them checks anymore than bailing out auto manufactures or airlines. So tell me why are so many of the poor actually poor?

Ron

 

So tell me why are so many of the poor actually poor?

I'd be poor, too, if I spent $1K+ each year on a new iPhone.

 

So tell me why are so many of the poor actually poor?

Many reasons.

- some were born into poor and/or poorly educated families. It became a vicious cycle as families who live in poor neighborhoods only have access to poorly funded public schools with some of the worst teachers in the country.

- the biggest cause of personal bankruptcy is illness or death of a primary wage-earner.

For someone so informed and able to inform yourself on various topics, I am astounded that you never tried using your googler to answer such questions - the answers are obvious if you decide the poor person is not to blame. Asking someone else for money is one of the most embarrassing things for 99% of America. Almost nobody wants to ask for a bailout (except Jarad Kushner - see link below).

Oh, and here's an interesting report...
https://www.forbes.com/sites/jonath...some-with-trump-kushner-ties/?sh=3c043b9f5a43

Tell me, why are so many successful businesses run by billionaires in need of federal handouts - (actually not successful)?

 

Many reasons.

- some were born into poor and/or poorly educated families. It became a vicious cycle as families who live in poor neighborhoods only have access to poorly funded public schools with some of the worst teachers in the country.

- the biggest cause of personal bankruptcy is illness or death of a primary wage-earner.

For someone so informed and able to inform yourself on various topics, I am astounded that you never tried using your googler to answer such questions - the answers are obvious if you decide the poor person is not to blame. Asking someone else for money is one of the most embarrassing things for 99% of America. Almost nobody wants to ask for a bailout (except Jarad Kushner - see link below).

Oh, and here's an interesting report...
https://www.forbes.com/sites/jonath...some-with-trump-kushner-ties/?sh=3c043b9f5a43

Tell me, why are so many successful businesses run by billionaires in need of federal handouts - (actually not successful)?

Please don't do this. You're intentionally IMO sending this thread head first to the banning pool.

 

https://www.npr.org/2022/09/01/1119...e-life-of-the-states-last-nuclear-power-plant

Citing searing summer temperatures and expected energy shortages, California lawmakers approved legislation aimed at extending the life of the state's last-operating nuclear power plant.

The Diablo Canyon plant - the state's largest single source of electricity - had been slated to shutter by 2025. The last-minute proposal passed by the state legislature early Thursday could keep it open five years longer, in part by giving the plant's owner, Pacific Gas and Electric (PG&E), a $1.4 billion forgivable loan.

 

Please don't do this. You're intentionally IMO sending this thread head first to the banning pool.

The same as your intenionally keeping it alive by not allowing real facts into the conversation. Doing it started way back in the first page of the thread. Only one side of the story gets told, like on faux news.

 

Please don't do this. You're intentionally IMO sending this thread head first to the banning pool.

No, I'm intentionally answering someone who was asking a very silly question - a question they likely already knew how to answer but wanted to somehow imply to other readers that it was the poor person's fault for being poor - or an under educated person's fault for being under-educated.

In fact, it's been known more than 25-years when the US Senate committee on aging clearly reported that -
'To the corporates, the "uneducated consumer" is the best consumer.' And we've all seen the video of the former president say the same. I don't know why it shouldn't be called out
https://www.aging.senate.gov/imo/media/doc/publications/4102000.pdf

 

In fact, it's been known more than 25-years when the US Senate committee on aging clearly reported that -
'To the corporates, the "uneducated consumer" is the best consumer.'

I think P. T. Barnum said it first. And he didn't need no stinkin' committee.

 

The same as your intenionally keeping it alive by not allowing real facts into the conversation. Doing it started way back in the first page of the thread. Only one side of the story gets told, like on faux news.

The same goes to you. Please stay within the limits or start your own with your 'facts'.

So what is other side? No shortages and no inflation?

 

So what is other side? No shortages and no inflation?

I believe there are statements of no inflation and great economy due to low unemployment.
My observations show otherwise. Prices are about doubled (or higher) in the last year or so. You don’t get as much for your money. My home insurance doubled this year also.

 

I believe there are statements of no inflation and great economy due to low unemployment.
My observations show otherwise. Prices are about doubled (or higher) in the last year or so. You don’t get as much for your money. My home insurance doubled this year also.

Your home insurance doubled because the value of your home doubled and there isn't any labor available to rebuild it if it burns down so insurance companies have to pay what they have to pay for labor to get you out of a hotel and back into your home.