Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘Bloomberg’

Fly Bugs Mike Bloomberg During DNC Speech

Posted by Warm Southern Breeze on Thursday, August 20, 2020

Oh!

The irony!😂

During his speech, a common housefly first circled around his mouth, landed briefly on his upper lip, and then landed on Mike Bloomberg’s RIGHT eyebrow as he spoke!😜 (viewer’s LEFT)

It makes one wonder what attracted the fly.

Bloomberg apparently Read the rest of this entry »

Posted in - Did they REALLY say that?, - Even MORE Uncategorized!, - Read 'em and weep: The Daily News, WTF | Tagged: , , , , , , , , , , , , | Leave a Comment »

For The People -or- For The Billionaires?

Posted by Warm Southern Breeze on Sunday, February 23, 2020

Bernie Sanders is the man to beat. He is gathering a full head of steam, and when he selects Elizabeth Warren as his Vice Presidential running mate, together, they will be UNSTOPPABLE!

Vermont Senator Bernie Sanders addresses an ecstatic crowd in El Paso, Texas following his Nevada Caucus win.

The irony of ironies, is that they more his opponents within and without the party castigate him, they make the case for him EVEN STRONGER!

After Sander’s Nevada Caucus win, Bloomberg’s campaign manager claimed that Sanders’ campaign “appeals to a small base,” however, as Senator Sanders – and others – have pointed out, he won the Nevada Caucuses precisely because of the diversity of people to which he appealed: Latino, African-American, White, Native American, Asian American, gay, straight, religious & non-religious, young, old, male, female, those with and without college education, single, married, working class, middle class, and more. And when he makes a good showing in South Carolina – where Joe Biden is the projected winner with a significant African-American population – Bernie could topple Biden, but even if he won 2nd place, it would reinforce his status as Democratic front-runner.

Edward-Isaac Dovere, writer for The Atlantic, authored a brief article titled “The Democratic Establishment Is Broken” which was published February 22, 2020. Its banner read “After the Nevada caucus, Democratic Party leaders have never looked more uncertain about their future.” In it, he makes the point that, like Sanders and others have been saying – including Warren, Buttigieg, and other former candidates – which is that Sanders’ grassroots supporters acknowledge that so-called establishment Democrats -and- Republicans bear significant responsibility for the corrupting influence of money in which American public policy and law have caused, and because in turn, party bosses and others perceive their BIG MONEY funding sources could be jeopardized, has caused consternation among them. Yet ironically, by their very remarks, those same party bosses are making the very case about which the grassroots supporters are complaining.

Multi-billionaire Mike Bloomberg, entrepreneur and former New York City Mayor who left the GOP in 2007, and won a 3rd term as an Independent candidate, is campaigning as a new-comer Democrat, insofar as he decided to cast his hat in the ring very late in the game, long, long after most candidates’ ground game had been in effect. In fact, he affiliated with the Democratic party only recently, in October 2018, and launched his candidacy November 24. Bloomberg, whose net worth is an estimated $62 BILLION, has self-funded his candidacy, and according to records from the Federal Election Commission, has spent well in excess of $350 million, and counting in advertisements. That accounts for 0.564516129032258% (about 1/2 of 1%) of his vast fortune. And then, there’s the costs of his campaign team members, most whom are reportedly paid very handsomely in comparison to standard accepted rates for such work – at least twice, or more – and given iPhones and iPads to keep for themselves after their work for him is done.

That, of course, is not begrudging well-paid people, nor his largess. But it does cast a somber and sobering pall over the very matter, of the system now in effect, when to numerous causal observers it appears, for all practical purposes, as if he’s attempting to buy the nomination. And it certainly raises questions about his motives, or of others who may have encouraged him. Altogether, “the optics” as some say, don’t look good.

And then, there’s the other matter in which party members are Read the rest of this entry »

Posted in - Did they REALLY say that?, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , | 1 Comment »

Congressional Budget Office: Offshore Corporate Tax Havens Cost each Citizen $1259

Posted by Warm Southern Breeze on Thursday, April 17, 2014

Historically, our nation has prospered when tax rates on the ULTRA wealthy and corporations were highest.

In the period following World War II, under President Dwight David Eisenhower – a Republican, and former Supreme Allied Commander / 5ive Star General – Corporate Tax rates have continually declined.

Now, during the Obama administration, they are at the LOWEST they have EVER been.

Corporate Income Tax Rates have continually declined

Corporate Income Tax Rates have continually declined the peaked during the Eisenhower administration. The formula is: b/(a+b) Where (a) Corporate Profits After Tax (without IVA and CCAdj), Billions of Dollars, Seasonally Adjusted Annual Rate (CP); And (b) Federal Government: Tax Receipts on Corporate Income, Billions of Dollars, Not Seasonally Adjusted (FCTAX)

Tax Havens Leave U.S. Filers $1,259 Tab Each, Report Says

U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report.

Tax haven abusers benefit from America’s markets, public infrastructure, educated workforce, security and rule of law -– all supported in one way or another by tax dollars -– but they avoid paying for these benefits,” U.S. Public Interest Research Group said in the report released today, the deadline for filing 2013 taxes.
ref: http://www.uspirg.org/reports/usp/picking-tab-2014

“Instead, ordinary taxpayers end up picking up the tab, either in the form of higher taxes, cuts to public spending priorities, or increases to the federal debt,” it said.

In total, the U.S. loses $150 billion in federal revenue and another $34 billion in state revenue annually because of money parked in tax havens, the Boston-based consumer advocacy group concluded.

That’s almost Read the rest of this entry »

Posted in - Business... None of yours, - Lost In Space: TOTALLY Discombobulated | Tagged: , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Smithfield Foods Chinese Pork Project is a Wall Street Happy Meal Deal: American Prices Will Increase

Posted by Warm Southern Breeze on Wednesday, May 29, 2013

If you like bacon, ham, pork sausage, barbecue, ribs, or any other pork product – including cold cuts & pizza – get ready to pay at least 2 – 4 times more, and for shortages.

Why?

Wall Street minions – who manage Smithfield, an American company no more – have no patriotic qualms about taking food off your table and out of your mouth to feed the mouths of the people who steal our nation’s military secrets, defraud our motion picture & music copyrights, and have an historical track record of Shanghai-ing anyone & everyone who gets in their way.

You think I’m kidding, or that I don’t know what I’m writing about?

Just recollect back a few months – oh, say about 7 – to Thanksgiving in November 2012 when pecans were 2x – 3x the price they were usually.

And why was that?

After all, pecan farmers had a record bumper crop… and that typically translates into lower prices for consumers.

It’s because the Chinese suddenly discovered they liked pecans, and were willing to pay premium prices (translate: much MORE then you’re willing to pay), and so the growers shipped pecans over to China.

As I continue to contend, IT’S ALL ABOUT THE MONEY.

Okay… so it may cost more. So what?

How about this?

Were you aware that the Chinese company that bought Smithfield sold pigs that had been fed a substance banned in the USA & England & other nations?

Yup.

Shuanghui Group, China’s largest meat processor, sold pigs fed Clenbuterol in 2011. Here are three links about the ordeal.

And, would it surprise you to find out that Goldman Sachs is one of the top investors?

1.) “According to Chinese government data, 18 outbreaks of food-related clenbuterol poisoning occurred between 1998 and 2007. The most recent report indicates one person died and more than 1,700 others fell ill.”

2.) “Meanwhile, at Jiyuan Shuanghui’s processing facilities, of the 689 pigs awaiting slaughter, 19 tested positive for clenbuterol. Shuanghui, which counts Goldman Sachs among its investors, has shut down the Jiyuan branch affected by the contamination so it can conduct its own inspection.”

3.) “And in recent months the additive has earned notoriety in China after a string of people got sick from eating pork products full of it. Hundreds took ill in one incident in March, and this week, 286 people in Hunan province after eating pork contaminated with ractopamine, a chemical very similar to clenbuterol. Chinese livestock farmers began using clenbuterol in pig feed in the late 1980s to boost growth and get animals to market faster, but it was banned in 2002 as the health risks of eating the meat became better understood. Clenbuterol-tainted meat dizziness, headaches, hand tremors, and other unpleasantness. It’s especially risky for people with heart troubles.”

Shuanghui Agrees to Acquire Smithfield Foods for $4.72B

By Shruti Date Singh and Jeffrey McCracken – May 29, 2013

Shuanghui International Holdings Ltd., China’s biggest pork producer, agreed to acquire Smithfield Foods Inc. (SFD) for about $4.72 billion to boost supplies for the nation that’s the biggest consumer of the meat.

Closely held Shuanghui, parent of Henan Shuanghui Investment & Development Co. (000895), will pay $34 a share for the Smithfield, Virginia-based producer, both companies said today in a statement. The offer is 31 percent more than yesterday’s closing share price.

China’s consumption of pork is rising with the expansion of its middle class while there are questions being asked about the safety of the country’s food supply. Smithfield’s livestock unit is the world’s largest hog producer, bringing about 15.8 million of the animals to market a year, according to the company’s website. It owns 460 farms and has contracts with 2,100 others across 12 U.S. states.

The takeover is valued at $7.1 billion including debt, which would make it the largest Chinese takeover of a U.S. company, according to Read the rest of this entry »

Posted in - Business... None of yours, - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 6 Comments »

Jobless Claims in U.S. Fall to Four-Year Low

Posted by Warm Southern Breeze on Thursday, October 11, 2012

Jobless Claims in U.S. Fall to Four-Year Low

Fewer Americans than forecast filed first-time claims for unemployment benefits last week, which may reflect difficulty adjusting the data for seasonal swings at the start of a new quarter.

Applications for jobless benefits dropped 30,000 to 339,000 in the week ended Oct. 6, the fewest since February 2008, Labor Department figures showed today. Economists forecast 370,000 claims, according to the median estimate in a Bloomberg survey. One state accounted for Read the rest of this entry »

Posted in - Business... None of yours, - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , | Leave a Comment »

Here’s your Sunday Morning Homelessness Moment

Posted by Warm Southern Breeze on Sunday, February 5, 2012

“Mr. Bloomberg announced a plan to reduce homelessness by no longer giving homeless families priority in public housing.”

Yeah.

Makes absolutely ZERO sense. Right?

It’s kinda’ like ending hunger by ceasing to feed the hungry.

How or why?

Because they eventually die.

But, ’tis true.

In a New York Times story by published, February 3, 2012 entitled “Homeless Families, Cloaked in Normality,” Mr. Feuer wrote “In 2004, Mr. Bloomberg announced Read the rest of this entry »

Posted in - Uncategorized | Tagged: , , , , , , , , , , , , | Leave a Comment »

Gas Prices drop: Saudi Oil output at 30 year high

Posted by Warm Southern Breeze on Wednesday, December 7, 2011

Have you noticed?

The price you pay for gasoline has dropped.

Why?

It’s quite simple really.

Oil output from Saudi Arabia is at a 30 year high.

Yeah.

It’s exactly like Gil Scott-Heron said on his song 1981 song “B-Movie”:

What has happened is that in the last 20 years, America has changed from a producer to a consumer.  And all consumers know that when the producer names the tune, the consumer has got to dance.  That’s the way it is.  We used to be a producer – very inflexible at that – and now we are consumers and, finding it difficult to understand.  Natural resources and minerals will change your world. The Arabs used to be in the 3rd World.  They have bought the 2nd World and put a firm down payment on the 1st one.  Controlling your resources will control your world.  This country has been surprised by the way the world looks now.” 

Saudi Arabia Crude Production Rises to Highest in Three Decades

Dec. 6 (Bloomberg) — Saudi Arabia, the world’s biggest crude exporter, boosted output last month to the most in more than three decades to meet customer demand.

“We produced 10 million and 40 barrels in November because Read the rest of this entry »

Posted in - Read 'em and weep: The Daily News, - Uncategorized II | Tagged: , , , , , , , , , , , , , , | Leave a Comment »

 
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