Category: Business

So What?

Business

Here’s one of those wealth-envy headlines which makes me want to load up the old AK-47 and take a day trip, not to the offices of the tax-avoiding corporations, but to the offices of the Daily Mail (and not for the first time either):

Big companies avoid £100billion a year in corporate tax thanks to ‘spider’s web’ of British offshore tax havens

  • Tax Justice Network ranked 64 countries on the tax avoidance they enabled
  • UK outsourced corporate tax haven game to ‘spider’s web’ of offshore territories
  • British Virgin Islands, followed by Bermuda and the Cayman Islands topped list
  • Network said UK bears the lion’s share of responsibility for the ‘breakdown of the global corporate tax system’

Looks like the Brits are finally doing something right, because anything that breaks down the so-called “global corporate tax system” can only be A Good Thing.

Reminder to the Daily Mail:

  • Tax avoidance means not paying unnecessary taxes according to the law
  • Tax evasion means not paying the taxes you legally owe.

Then again, if I’m going to be paying an AK-enabled visit to anyone, it should be to the offices of this “Tax Justice Network” crowd.  They seem like an evil bunch of assholes.

Auctions vs. Pleasure

Business, Funny Stuff, Men & Women

It’s not often that a newspaper story leaves me convulsed with laughter, but this one did:

Red-faced auction house chiefs are forced to look for a new venue after bidders are put off by ‘screams of pleasure’ coming from swingers club upstairs

You have to read the whole thing to get the full Monty, so to speak, but I started giggling just at the thought of a staid-looking commercial building inside which both of these are going on simultaneously:

Yeah I know, I’m a sick and twisted man… and don’t even get me started on “Greedy Ladies Day”.

Hoofbeats

Business, Travels

Just when you thought commercial flying couldn’t possibly get any worse, comes this news:

JetBlue ditches Coca-Cola from its flights in favor of rival drink Pepsi

Now I have not a single dog in this fight as a.) I don’t fly JetBlue and b.) I last drank a Coca-Cola on an airliner during (I think) Ronald Reagan’s first term.  Nevertheless, from what I can remember of the taste of Pepsi-Cola (circa 1969), I can quite understand why people are getting upset.  Somebody at JetBlue was either not thinking, or else had his kids’ college tuition fees “subsidized”, if you get my drift.

Besides, I’m told that “Jack & Pepsi” sounds silly and tastes worse — and lemme tell y’all, nobody  wants to piss off Jack Daniels drinkers.  Especially at 27,000 ft.

Economists Confused

Business

…because they’re fucking idiots.  From Sundance:

The professional financial punditry can’t explain it. Flummoxed academics run around bumping into walls amid economic numbers that continue to defy expectations. All caused by a simple return to common sense ‘America First’ MAGAnomics.
Low unemployment (3.8%); wages growing (+3.2%); inflation stable (1.6%). These measures all have a cumulative impact on paycheck-to-paycheck Americans. Prices for durable goods are stable and wage growth is exceeding inflation. That means more disposable income in the middle-class…DUH. Which, when combined with the increased pay from lower middle-class tax rates, is exactly the intended outcome of MAGAnomics.

One more time:  come the reign of Emperor Kim, economists will all be forced to wear wizards’ hats in public.  To put it even more simply (for those of the economist persuasion):

The U.S. is where the growth is. We are in the period where exporting U.S. wealth (globalist policies) has been slowed/halted. We are confronting protectionist tariffs abroad which impede our exports, and simultaneously applying reciprocal tariffs toward those who want access to our U.S. market. As a consequence, capital investment is returning to Main Street USA (nationalist policy).
This is the heart of MAGAnomic policy.

More About MAGAnomics

Business

…in response to Sen Chuck Grassley (AG, Iowa) and his op-ed piece in the MSM:

@ChuckGrassley is doing the bidding of Tom Donohue, the corrupt U.S. Chamber of Commerce, K-Street, his BigAG benefactors, and selling out the U.S. middle-class while simultaneously cloaking himself in the flag. Despicable.

And he spells it all out in a long, but a very valuable rebuttal of what is so dishonest a piece of writing, it could have been written by a Democratic Socialist.

Wah Wah Wah

Business

And in our last look at the economy for today, we have this news:

Private payrolls grew by 275,000 last month, the biggest increase since July, when they expanded by 284,000.
Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 jobs in professional and business services.

The Democratic Socialist Party’s response to this fantastic news has been predictable:

…and:

Why?

Because socialists have a problem recruiting happy people with jobs to The Cause;  they can only practice their politics of envy with a willing base of unemployed, surly proles to support them.  And well-to-do liberals who are protected from the results of socialism by their wealth.

In the meantime, America’s getting on with it:

“The job market is holding firm, as businesses work hard to fill open positions,” says Mark Zandi, chief economist at Moody’s Analytics.