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bill77's Comments

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John Kerry: NSA Spying Has 'Reached Too Far,' Was Happening 'On Autopilot'

John Kerry: NSA Spying Has 'Reached Too Far,' Was Happening 'On Autopilot'

Commented Nov 1, 2013 at 21:04:50 in Politics

“Personally, I would give Snowden something along the lines of a Congressional Medal of Honor. Few individuals have done more to help protect American liberty and to defend the Constitution than Snowden.

How did we get to the point where we would give up 200+ years of liberty and 100's of thousands of dead American soldiers for the dubious "protection" offered by the NSA's spying programs? It is a dishonor to those 100's of thousands of soldiers AND those 3000 or so that died in 911 to destroy American freedom because of the 3000 that died in 911.”
What The 2012 Election Would Look Like Under The Republicans' Vote-Rigging Plan

What The 2012 Election Would Look Like Under The Republicans' Vote-Rigging Plan

Commented Jan 25, 2013 at 16:44:25 in Politics

“Leave and enjoy your abject poverty.

A huge amount of the economic output of the United States comes from "Blue" states or blue districts within Red states. Why should families in CA and NY making 60k - 80k per year and struggling to get by pay high taxes and high social security to provide for YOUR retirement and YOUR welfare benefits? We don't get tax discounts despite the higher cost of living.

I'm sure the poor-hating wealthy elite that run the Republican party will take care of you *real* "good" once you leave the Union and our "liberal" ideas of human rights behind.”

ecd21f2b61 on Jan 27, 2013 at 17:26:49

“Half the country would love to secede. But when they bring up the idea, you criticize it. What do you really want?”

ecd21f2b61 on Jan 25, 2013 at 18:39:27

“I'd love to leave. Millions of us would. But when we talk about seceding, you liberals are the first ones to point out that it's not allowed.”
What The 2012 Election Would Look Like Under The Republicans' Vote-Rigging Plan

What The 2012 Election Would Look Like Under The Republicans' Vote-Rigging Plan

Commented Jan 25, 2013 at 16:10:58 in Politics

“Funny that Republicans always whine about "socialism" when the vast majority of "Red" states rely on Federal Welfare (direct welfare to people or things like corn-for-ethanol subsidies) that is paid for by the high economic output of the coastal, "liberal", "Blue" states.”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 20, 2012 at 16:27:10 in Politics

“Yes, that is part of the problem...definition of "wealthy". I don't have a problem with wealthy people that earned it through hard-work / innovation. I have a probably with "wealthy" that are basically embezzling from the their employees (paying less than a living wage at a profitable company), from tax payers (subsidies, special tax loopholes) and those that buy votes.

The congressmen than sell their votes are quite literally traitors and should be charged with treason”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 20, 2012 at 16:18:44 in Politics

“@Part2 of your reply

I am not entirely sure it is just the govt allowing banks to borrow at 0%. The Fed is setting that policy which is just another shady bailout of the banks (by the Fed which is essentially composed of the banks themselves). Also, I believe the banks own a fair % of congressman on both sides of the aisle.

Having the rate at near 0% is actually slowing the recovery. Hard-working retirees that actually saved $100k - $300k extra that were planning on supplementing social security have almost zero income from their savings. So we have middle class retirees having to resort to austerity spending because of interest rates. Banks get credit card profits from these seniors and the banks and executives keep that money instead of spending it. Robbing seniors? Really?

Also, the 0% interest is a bailout for banks in this manner (at least this one benefits individuals too): the value of a home is really a function of price + interest rate (the monthly payment after all is said and done). The price is inversely proportional to interest rates (if rates go up, prices MUST go down..there is only very small elasticity here). Housing already dropped about 40%. If interest rates returned to historical norms for mortgages (6%- 9%), home prices would plummet another 20%-30%.”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 20, 2012 at 15:33:21 in Politics

“The problem with the dialogue in this country is the following. Republicans act as if they believe the "47%" are lazy, meth-heads / trash trying to live off the hard-work of others. The vast VAST majority of them are good, hard-working people, trying to provide for their families and hopefully a better future for their children...They may not be well educated and job outsourcing has pushed their income below the limit of having a net tax burden.

The other problem is Republicans act as if "libs" hate capitalism and everyone wants to just take from the "hard-working rich". That is far from the case. Just about everyone in this country respects the capitalist ideal that hard-work and/or innovation should be rewarded. The problem is the some of the very top end of the wealthy elite are narcissistic, anti-social sociopathic Ayn Rand believers that think they are God's gift to the world. Rationalizing reducing the quality of life for 300 million other people to make it easier to make your next billion is not "capitalism". Buying the government to twist tax policy in your favor is not really the "hard-work" capitalism that people respect either. That is just greed rationalized as "capitalism".

Ever notice that many successful companies are only successful until their founders die / retire? The founders respect the employees that worked hard to help them build the company...”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 20, 2012 at 15:00:52 in Politics

“Some of your other responses to my comments have led me to believe you are not actually one of the mindless Fox news drones as I suspected, so I apologize for that.

However, the "47%" the Republicans throw about is itself misleading. Many of those people do actually have skin in the game. Before my past couple promotions, I only had something like a $1k - $2k Federal tax bill because I am deducting $6k in property taxes and $17k in mortgage interest (for a small, old house mind you, not some McMansion I cannot afford). If I had 2 children instead of 1, I would have had $0 Federal income taxes...I'd would still have the $6k in property taxes and $2k or so in State taxes.”
Nancy Pelosi Says Social Security Cut Proposed By Obama Would 'Strengthen' Program

Nancy Pelosi Says Social Security Cut Proposed By Obama Would 'Strengthen' Program

Commented Dec 20, 2012 at 14:26:58 in Politics

“Eventually that is what the chained CPI will do.

"Well, canned cat food is too expensive now. People will probably start eating neighborhood cats instead. Neighborhoods cats are free, therefore inflation is actually negative this year! Minus $10 per for you!"

Capital Hills says "Let them eat cats!"”

tkhatch on Dec 20, 2012 at 14:52:22

“They better increase the soup kitchen capacity because more elderly will be using them for the first time. What a great country we live in !!!!”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 19, 2012 at 19:51:40 in Politics

“The recession did not end for most Americans. The Fed stimulated the wealthy with QE 1,2,3 etc and created growth for the wealthy elite...We're not talking hard-working people with real jobs doing something. I'm talking bankers ripping off 300 million Americans so they can line their pockets.

Borrow newly created money from the Fed at near 0%, re-loan it as credit card debt to the masses that are still in the recession/depression...Pocket "profit".

So, growth is above 0% (i.e. not a technical recession) because people are using debt to not starve to death. Banks fix their balance sheets by selling junk Mortgage Backed Securities to the Fed (which will seek another bailout from the masses again in a few years when it cannot sell them at face value).

+Massive profits for the wealthy elite (esp top 0.1%) + recession or depression for the masses = > 0% growth, so no overall recession. That does not mean the recession is gone for the 99%. Especially because the massive profits for the wealthy elite are once again false profits. They will pocket their profits and bonuses, the system will crash, and the people will say "what happened?!!". What happened is you, I, and another 99.9% or so of the United States of hard working people being robbed blind by the 0.1%.”

bill77 on Dec 20, 2012 at 16:18:44

“@Part2 of your reply

I am not entirely sure it is just the govt allowing banks to borrow at 0%. The Fed is setting that policy which is just another shady bailout of the banks (by the Fed which is essentially composed of the banks themselves). Also, I believe the banks own a fair % of congressman on both sides of the aisle.

Having the rate at near 0% is actually slowing the recovery. Hard-working retirees that actually saved $100k - $300k extra that were planning on supplementing social security have almost zero income from their savings. So we have middle class retirees having to resort to austerity spending because of interest rates. Banks get credit card profits from these seniors and the banks and executives keep that money instead of spending it. Robbing seniors? Really?

Also, the 0% interest is a bailout for banks in this manner (at least this one benefits individuals too): the value of a home is really a function of price + interest rate (the monthly payment after all is said and done). The price is inversely proportional to interest rates (if rates go up, prices MUST go down..there is only very small elasticity here). Housing already dropped about 40%. If interest rates returned to historical norms for mortgages (6%- 9%), home prices would plummet another 20%-30%.”

duriostellaj on Dec 20, 2012 at 07:58:25

“part 2

People need to look past the political games and ask themselves WHY the banks can borrow at almost 0. the fault is not the banks it is the govt that makes it possible. So while they make noise about protecting the little guy the big banks are celebrating as Dodd Frank was a Christmas present to them and a dagger to small banks. The big banks are guaranteed a bail out and pay a much lower rate fed fund rate than the smaller banks and credit unions.. That is the opposite of protecting the consumer.

Check these things out don't take my word for it. You seem intelligent and well informed and I have enjoyed our "conversations."

Have a Merry Christmas.”

duriostellaj on Dec 20, 2012 at 07:58:13

“Part 1

I completely agree with your opening but we need to look at the trend. When bush's recession ended GDP growth and other indicators were much stronger. Since that time they have all weakened and continue to do so. Almost all revisions have been downward leading to an even bleaker picture..

U6 - I misspoke earlier the one everyone hears is u1 - - the unemployment number that reflects those leaving the job market has continued to go up while u1 the "political" number goes down. The economy has actually been trending down as you so aptly pointed out.

That said thee economy is not a zero some game which makes the ridiculous class warfare approach taken by the some on the left even more petty and stupid. Class warfare is a trick old as time used by govts in bad circumstances to shift the attention. The fact that the bill gates, buffets, jobs, trumps and zuckermans of the world get richer does not mean anyone gets poorer, particularly in light of the vast amounts of money our govt is printing daily, which erodes the value of the dollar..

That said I agree that under obama wall street, big corps and union bosses have gotten richer while everyone else has gotten poorer. The average middle class family lost $5000 in income since late 2009 early 2010.”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 19, 2012 at 19:38:42 in Politics

“Please disclose how much the Koch brothers pay you to come blog for their causes.”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 19, 2012 at 19:36:23 in Politics

“Forget about them Tracey. These people are like the people on top of the buildings in Will Smith's Armageddon movie...Welcoming the aliens to earth just before they are obliterated. They are too foolish to realize the wealthy do not need any help from the masses...they already help themselves to everything. They hear "wealthy" and think we are talking about hard-working middle class that make just a bit more than most. Yes, THOSE people deserve some respect, but they'll be stuck paying a bit more taxes. The wealthy that care nothing for the employees that helped build their companies...those "wealthy" are despicable. The Koch brothers fund the Tea party..why would wealthy start a political movement to cut entitlement spending? Oh yeah, so they can get more tax cuts for themselves at the expensive of almost everyone else.”

TraceyES on Dec 19, 2012 at 21:24:22

“I know, but it's hard not to. Who was it who said "Never argue with the stupid. It brings you down to their level and they have more experience at being stupid."?”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 19, 2012 at 19:29:04 in Politics

“It is us against them. They are buying our politicians and using them as weapons against us.

The wealthy have record low taxes and you fight to protect their low taxes like it would kill your soul to raise their taxes.

If wealth wasn't being concentrated into so few hands, there would not be any tax issues because the middle class pays their taxes..they don't buy politicians to create loop-holes.”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 19, 2012 at 19:26:02 in Politics

“That's because you are fool. You should be more concerned that the 47% make so little that basic deductions eliminate their tax burden. You want poor people to pay more taxes. You have allowed yourself to be tricked. If the Koch brothers could get away with slapping chains on you and making you work or be murdered, they would...don't worry, they're working on it and it seems you are only too glad to help.”

duriostellaj on Dec 21, 2012 at 12:04:35

“First I said the repubs are caving on raising the top rates and my opinions is go for it raise away When the masses see it makes no difference and funds the govt for just a few days maybe some people will wake up.to the fact that we are on the verge of destruction and it is govt spending not the rich's fault.

Class warfare is an effective tool of failing govts everywhere - latin america - russia, iran etc.

The actual facts are that the gap between the rich and the poor is one of the lowest in recorded history in this country. It was smaller at periodic times but is overall at very low rates.

As long as you fall for the class warfare garbage and fail to hold the govt responsible they win and we losE. Exactly what obama wants. And f yoU thinK obama is not coming after the middle class your nuts. Why do You think he is refusing deals that basically given him everything he asked for at one time or another. HE DOES NOT WANT a deal.”

duriostellaj on Dec 20, 2012 at 16:38:35

“part 2
For example the average family has lost $5,000 in income under this president since late 2009 early 2010 yet many have been "fooled" into blaming others. The economy is not a zero sum gain. My gain is not your loss and your gain is not my loss. As JFK said a rising tide lifts all boats.

When the president uses terms like fat cats and evil bankers, accuses doctors of cutting off healthy feet to make money, attacked Romney based solely on his success, uses the term corporate jet as an insult, says at some point in time you've made enough money and advocates re-distriThis is especially true as while obama is denigrating these things he is flying around in private jets, eating luxurious food, going on lux vacations, playing over 130 rounds of golf much of it on the taxpayers dime and not one person on the left raises an objection. When obama pays about the same rate as Romney on his taxes no one on the left raises an objection. These contribute to the rights opinion of the left as a bunch of blind hypocites.

When Fox is constantly denigrated even by the president again one can only think the dems hate success.

Merry Christmas.bution logical informed people can only draw the conclusion liberals are anti capitalists.”

duriostellaj on Dec 20, 2012 at 16:38:17

“Part 1

Thank you for the apology - we all at times forget civility on HP.

Again - no one thinks 47% of the people are to summarize your statement "worthless." They have however been removed from the tax rolls - largely by repubs and are solidly in the middle class. You can not have it both ways and say obama has fixed the economy and simultaneously add millions upon millions of people to the food stamp rolls increasing the program by almost 50%,, increase the disability rolls and extend unemployment for more that the current almost 2 years.

Again EVERYONE needs skin in the game or those that don't think that the money never runs out and paying 1 Trillion a year in interest is no big thing. We all need to feel the sacrifice and the sense of unity even if the tax bill is more of a token than anything else,.

Class warfare is idiotic and divisive and a tool that failing governments have used from the beginning of time to lull segments of the population into blaming others for the govts failures.”

duriostellaj on Dec 20, 2012 at 08:07:09

“Aren't you mature and rational.

First of all the 47% represents many many in the middle class GWB alone removed millions of million of people from the tax rolls, a mistake. Of his tax rate reduction package of 4 trillion 3.2 trillion went to the middle class.

We do not have a poverty rate of 47% in this country. A little logic on your part might have helped.

Second yes EVERYONE needs skin in the game EVERYONE (other than the truly disabled). If you pay no part of the bill and get the majority of the benefits you will gladly continue to vote this country into bankruptcy at which point the WORKING POOR and disabled will be devastated.

Thirdly - I am not the uniformed poster parroting talking points so your banal, overused, think you are so cute reference to the Koch brothers is as immature and idiotic as your opening remark

fourth - i am on HP for some intellectual discussion not drivel so please do not respond again.”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 19, 2012 at 19:04:51 in Politics

“Yes, because Bush certainly had no part in crashing the economy for that deficit you are blaming on Obama.”

bobibis on Dec 19, 2012 at 19:41:38

“Nope.  Bush is part of the problem.  The numbers don't lie.  Obama is part as well.  Numbers don't like for him either.”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 19, 2012 at 19:02:27 in Politics

“Still a drop in the bucket, because that $100 billion is probably over 10 years...So cut a $600 Billion per year budget by $10 Billion and Medicare by $40 Billion per year....God save us from the "Defense" Department..impoverishing America since the Reagan years (at least)”

goodgolf on Dec 19, 2012 at 19:19:42

“Well, to get to the $4+ trillion in cuts over the next ten years, wouldn't that mean $100 billion each year for ten years?  I thought there was to be $600 billion in defense cuts over the next five years.  This whole thing has gone up/down/side ways so many times...I probably have it twisted.  I'll do more research.”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 19, 2012 at 18:55:45 in Politics

“We have tax deficits because the wealthy have transferred most of the wealth of this nation into their private accounts and they make monumental efforts at avoiding taxes. They will settle for nothing less than restoring the US to a nation run by robber barons...and those like Sprokit are cheering them on.”

Junglebook on Dec 20, 2012 at 15:56:49

“If, by wealthy, you mean those in Congress, the Administration, and bureaucrats and their cronies in business, industry, labor, academia, and non-profit advocacy groups, then I agree with you. Billions upon billions of dollars are transferred to banks, colleges and universities, environmental groups, labor unions, manufacturing companies, and so-called non-profits through loans and loan guarantees, tax credits, grants, transfer payments, and favorable regulation to enrich them with taxpayer dollars. The robber barons today are more than just big business.

The people who pay for this are the non-union workers, small businesses and their employees, and the low income retired and truly disabled. They pay in all of their working lives and get little back in return. Big bucks go to favored groups.”
Obama Makes Third Fiscal Cliff Offer

Obama Makes Third Fiscal Cliff Offer

Commented Dec 19, 2012 at 18:51:21 in Politics

“Yes, in all likelihood this is just a false crisis (or a manufactured one) to allow them to cut Soc. Sec and Medicare and come off looking like they just did their "best".”
Fiscal Cliff Poll: What Do Americans Want In A Deal?

Fiscal Cliff Poll: What Do Americans Want In A Deal?

Commented Dec 12, 2012 at 12:12:47 in Politics

“Capital gains taxes are at an all time low, so if low capital gains taxes stoked economic growth we should be roaring along like a freight train. We are not, therefore low capital gains just causes budget deficits and puts more tax burden (or austerity) on those without any meaningful capital gains.”

Spadreisle on Dec 12, 2012 at 12:22:49

“A myth that is told deliberately and known to be untrue is also known as a lie.
It is blatant that there is no correlation between lowering taxes and increasing jobs and no correlation between raising taxes and losing jobs.

The GOP made it up. They sell it to the middle class and poor because they think we are not smart enough to do the math.

Time to call their bluff.”

baldbiker2 on Dec 12, 2012 at 12:19:18

“Theyre at an all time low because who the heck is making anything off capital gains these days?”
Hostess Liquidation Wins Approval From Bankruptcy Judge [UPDATE] [CORRECTION]

Hostess Liquidation Wins Approval From Bankruptcy Judge [UPDATE] [CORRECTION]

Commented Nov 29, 2012 at 13:45:02 in Business

“...If I made a lot more, it is reasonable and fair for me to pay a higher tax rate...especially if those dollars can be directed towards providing an education to some other hard-working kid from a poor family. If I start to make investment income, why should that income be taxed less than the blood,sweat, and tears effort of someone poorer than I? Why should I pay a lower tax rate for dropping money in a mutual fund than a family with 2 parents working 2 jobs so their kids can go to college? Why? Is Greed more important the universal golden rule?”
Hostess Liquidation Wins Approval From Bankruptcy Judge [UPDATE] [CORRECTION]

Hostess Liquidation Wins Approval From Bankruptcy Judge [UPDATE] [CORRECTION]

Commented Nov 29, 2012 at 13:44:48 in Business

“You do realize that a large part of the reason little was done in Obama's first 4 years is because of Republicans' tax pledge and their desire to make the president fail so they could get a Republican president in 2012? I am not completely happy with Obama either, but at least I think he will not flush 297 million people down the toilet to save profits for the top 1%.

I am fine with paying more taxes. Perhaps health care costs will go up from "Obama care". However, hospitals are not allowed to refuse care because the person cannot afford to pay....so aren't we really ALREADY paying for the healthcare for the uninsured?

No, they do not pay enough. They got tax cuts on the premise that they would create jobs. They did not. Or worse, they shipped existing jobs overseas. Therefore, they do not deserve to keep the tax cuts...let those dollars get redirected to some other job growth / education incentive.

I live in California, my nominal income tax rate in 33% (25% Fed, 8% CA)..plus my 4.2% Social security (normally 6.2%), plus Medicare, plus something like 8.5% sales tax for non-food items, plus $6000 in property taxes for a 1100 sq ft house. I am middle class. I make enough to provide well for my family and save a decent amount for retirement...I have enough.”
Hostess Liquidation Wins Approval From Bankruptcy Judge [UPDATE] [CORRECTION]

Hostess Liquidation Wins Approval From Bankruptcy Judge [UPDATE] [CORRECTION]

Commented Nov 26, 2012 at 13:17:19 in Business

“Obama is not the cutt-throat capitalist that outsourced those 100's of thousands of manufacturing jobs. Greedy corporations have gutted this country of decent jobs for the past 30 years. You're blaming Obama for that?

It is unrestricted capitalism that leads to this problem...How can their BE an economy if the people do not have any money to spend because they make $8 an hour at Wal-Mart getting treated like a lazy dog.

If the wealthy stop extracting so much money from the economy you would see a global turnaround with a couple months...It is virtually guaranteed. So many people living on subsistence wages for so long...give the employees, at least the good ones, decent raises, and they will go buy things they have been putting off:

In the more "necessity" category:
Shoes, clothes (basic), clothes washers/dryers, dishwashers, cars to replace older cars (there is a point when it is cheaper in time+money to get a new car vs repairing an old one).

"Luxuries" that are considered to be necessities by middle class:
Going to restaurants, movies, shows, vacations. Upgrading phone and other tech devices, new cars to replace not-so-old cars, "nice" clothes, remodeling homes, upgrading to a bigger home (for those not underwater anyway that *can* sell).

Anyone making less than $110k per year that gets a raise is contributing another 10.4% to Social Security (normally 12.4%) between them and their employer's contribution.”

french4345 on Nov 26, 2012 at 21:44:33

“I don't believe that I made any statement about Obama sending our jobs away.......I know who sent them away...Clinton signed Nafta and then Bush finished them off with Cafta.. .many times I hear what you mention in your post about the wealthy....quit trying to pound them into the ground....they all went to college and earned their living..they pay over40%in taxes that's enough...get off those people ...you are not going to pay this 0ver 16 trillion debt off with just raising the taxes on the rich again...that's why I'm pretty sure you can expect yours and mine to go up right with them...I'll bet they up at least $2000 a year and the you will be billed for Obama care...probably between $2400.00 to 2600.00 each year...so I don't see things getting better for people for anytime soon..years......Mr Obama is certainly not our choice for a leader...but we will see what he can pull out of his hat in his second term...unfortunately we don't have just a lot of time to turn this country around......his first 4 years was a total nothing!!!!!!!!!!..quit sending money to countries that hate us and kill us!!!!!!!!!!!!”
Hostess Liquidation Wins Approval From Bankruptcy Judge [UPDATE] [CORRECTION]

Hostess Liquidation Wins Approval From Bankruptcy Judge [UPDATE] [CORRECTION]

Commented Nov 26, 2012 at 12:54:58 in Business

“No there are not. That should be called what it is: embezzlement. It sounds like you are for initial / major investors embezzling from the smaller or later investors..That is called a Ponzi scheme. You get PAID in capitalism when you succeed at improving profits..not "automatic perks". "Automatic perks" is what drives these companies into the ground. Why would someone who has not yet contributed ANYTHING to a company be given a "Golden parachute"? "That's just the way it is"...No, that is the way it should NOT be. Investors should refuse to grant golden parachutes to any executive that has not earned it. There are not supposed to be guarantees in capitalism, but for some reason the executives are guaranteed a hefty severance package.”

c-note on Nov 26, 2012 at 21:17:26

“its called perks.  prove something else.  you can't.  who didn't contribute.  friends of friends.  capitalism baby!”
These 10 Companies Control Enormous Number Of Consumer Brands [GRAPHIC]

These 10 Companies Control Enormous Number Of Consumer Brands [GRAPHIC]

Commented May 3, 2012 at 23:13:10 in Business

“At least when you buy "store brands" you are actually paying closer to cost for what are essentially the same products...even if they are manufactured by the same companies.”
These 10 Companies Control Enormous Number Of Consumer Brands [GRAPHIC]

These 10 Companies Control Enormous Number Of Consumer Brands [GRAPHIC]

Commented May 3, 2012 at 23:08:42 in Business

“By the way, most of those companies, especially Mars, sell more natural versions of their products in Europe. Eat a Kit-Kat made with actual sugar instead of high-fructose corn syrup and you feel more satisfied and less jittery (IIRC, fructose is metabolized by the liver just like all the other processed poisons we eat). Americans apparently aren't good enough to have real sugar in their candy though...Can't talk about cost either because from my experience just last winter, most the European versions of these candies cost the equivalent of $0.35 to $0.50 depending on brand and sale status.”
These 10 Companies Control Enormous Number Of Consumer Brands [GRAPHIC]

These 10 Companies Control Enormous Number Of Consumer Brands [GRAPHIC]

Commented May 3, 2012 at 23:04:16 in Business

“Quality? It is fairly safe to assume those are all publicly traded companies which guarantees that their products are actually the worst quality possible that they can legally get away with (and then some, remember Taco Bell's taco meat filler?). Except for a few notable exceptions (Apple for example), this definition applies to the physical products of most public companies that have been public for at least a few years. Once the corporate / wall street types get control from the founders it is all downhill in terms of quality.

Affordable prices? As tribalogical pointed out, most the products are actually overpriced. We bought a bread-maker for $40 on black Friday almost 3 years ago. We make around 8-12 loaves of bread per month and it still works fine. If you use Costco bulk flour (preferably whole wheat or mixed grain if they have it), it only costs about $0.60 to $0.70 for a 2lb loaf of bread (ingredients: water, flour, tablespoon or two of oil, a little salt, a little yeast, and 5 to 10 cents of electricity). We've switched to 75% rye flour though (closer to $1.00-$1.10 per lb instead of $0.30) so it costs us $1.00-$1.25 per loaf for very healthy bread (rye has a lower glycemic index)”
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