Nah.....he's a cashier....in a food company too , he collects the daily takings from the sales people and takes them to the accountant.
Harris 2024
- Thread starter wildchild
- Start date
Nah.....he's a cashier....in a food company too , he collects the daily takings from the sales people and takes them to the accountant.
Your article doesn't provide any proof whatsoever of "price gouging" or monopolistic behavior. Zero. Zilch. Nada. All it does is quote Biden and Kamala with some of Warren in the mix for bad measure, claiming it.
In fact, from your article:
Food companies do face legitimate increased costs and unique shortages, but these aren’t eating into their profits as economists might expect.
This is because costs get passed on to consumers. Higher transportation costs? Pass them on. Higher raw materials? Pass it on. Company operate with the same margins, and the consumers pay the difference. You think regulating this is a good idea, but that's because you're a fucking idiot. All you're going to do is cause competition to evaporate and get out of the business. And when you do that with food suppliers, you're going to end up with food shortages.
This isn't to say that there isn't evidence of price gouging in certain industries. There is. But the overall food industry, from the farmer to the manufacturer to the grocery store, has razor thin margins. And they'll just pass on those prices to consumers.
Get a clue. Really. Go to school, read a book on how this shit works and try to sound educated. Bugenhagen.
I shit bigger than you, Spike. The reason all you guys want to take from companies and the rich isn't because of some self proclaimed justice or rightousness, it's because you have nothing yourselves and you just want to take from everyone else.
Oh come not Tackleberry if Warren says it is so it is so.
You are wrong, there are clear cases. As I said before I'd probably say a lot of it is neo-monopoly rather than classic meetings in a motel off an interstate price fixing cartels but past 2022 there have been fixing in place. And it needs to be addressed.
We may see number of industry titans changing things up again.
You claim there are "clear cases", yet you can't provide any. I mean, lets be honest here. Nothing about your dialogue is clear.
It's important to recognize that inflation is driven by multiple factors. Supply chain disruptions, labor costs, demand surges, and yes, sometimes corporate pricing strategies. While inflation has been dropping in 2024, there are still certain sectors, like some staple foods where prices and profits have remained conspicuously high.
The right wing media is doing it's best to portray that price controls, a normal and very common mechanism, are the only plan Harris has. That's not true.
So given Trump's plan is to make more inflation while blaming Biden and Obama for four years... Also he says that he had NOTHING to do with what Biden inherited..
You have a plan?
Egg suppliers ordered to pay $17.7 million by federal jury for price gouging in 2000s
Give it a few years, there's something related to the recent egg price surge :
Egg prices rose 60% in 2022. One farm group claims it’s a ‘collusive scheme’ by suppliers
The concept of price gouging can also be applied more broadly to situations where companies exploit economic conditions, like inflation, to increase their profits beyond what is necessary to cover rising costs.
In this context, companies may use inflation as a justification to hike prices more than needed, thereby boosting profit margins under the guise of responding to economic pressures. This can be seen as a form of price gouging because it involves taking advantage of a situation (in this case, inflation) to impose unfairly high prices on consumers.
In this context, companies may use inflation as a justification to hike prices more than needed, thereby boosting profit margins under the guise of responding to economic pressures. This can be seen as a form of price gouging because it involves taking advantage of a situation (in this case, inflation) to impose unfairly high prices on consumers.
Vance slams Harris’s ‘net-zero’ energy plan that will drive up costs: ‘She is dreaming’
"She thinks windmills and the sun will come to the rescue," he continued. "But she is dreaming. Variable solar and wind can’t take the place of large base-load generators. Utilities added barely 20 gigawatts of solar capacity to the grid last year, and the real 'accredited capacity' as measured by grid operators is only a fraction of that."
"She thinks windmills and the sun will come to the rescue," he continued. "But she is dreaming. Variable solar and wind can’t take the place of large base-load generators. Utilities added barely 20 gigawatts of solar capacity to the grid last year, and the real 'accredited capacity' as measured by grid operators is only a fraction of that."
https://edition.cnn.com/2024/08/21/politics/cash-advantage-harris-trump-rfk-filings/index.html
Harris erases Trump’s cash edge while RFK Jr. faces dwindling resources, new filings show
By David Wright and Alex Leeds Matthews, CNN
6 minute read
Published 2:59 AM EDT, Wed August 21, 2024
Kamala Harris speaks at the Democratic National Convention in Chicago on August 19, 2024.
Bernadette Tuazon/CNN
CNN —
Kamala Harris supercharged Democratic fundraising in July after taking over the top of the party’s presidential ticket, new federal filings show, helping erase what had been an emerging cash advantage for Republican nominee Donald Trump.
The new filings also show independent presidential candidate Robert F. Kennedy Jr. facing dwindling campaign resources and refunding contributions from his running mate, who said on a podcast posted Tuesday that the campaign is considering exiting the race and endorsing Trump.
Meanwhile, prominent outside groups funded by top megadonors raked in millions amid the transformed presidential race, and spent millions more on recharged advertising campaigns.
Here are takeaways from the latest round of monthly filings with the Federal Election Commission, which cover fundraising and spending activity for July, including the three weeks before Biden dropped out of the presidential race and backed Harris.
Harris opens up financial edge over Trump
Harris’ principal campaign committee reported about $220 million in cash on hand at the end of July, a massive jump from the nearly $96 million that the committee reported at the start of the month, when it was still under President Joe Biden’s control.
Harris’ bank balance also bested the $151 million the Trump campaign reported in its principal account on July 31. It’s a dramatic reversal from the end of June, when Trump led Biden in cash on hand by more than $30 million ($128 million to $96 million).
Both Harris and Trump raise most of their campaign funds through joint fundraising committees, which split proceeds between the presidential campaigns, national party committees and dozens of other allies.
Including all of those allies, Harris announced earlier this month that she had raised a record-breaking $310 million in July, including $200 million in just her first week after stepping in for Biden. A Harris campaign official said the team expects to cross the $500 million mark in fundraising in the coming days. By comparison, Trump previously announced that his entire political operation had raised a total of $139 million in July.
The new filings from each candidate’s principal campaign committee reflect that broader advantage. Harris reported that she brought in $204.5 million directly to her campaign account in July, including funds raised during the weeks when Biden was still in the race.
By contrast, Trump’s campaign reported raising $47.5 million directly to his campaign account over the same stretch. His campaign was also dramatically outspent by Harris’ campaign over the course of the month, $81 million to $24 million.
Amid the intensifying cash race, both national party committees also reported hauling in tens of millions, though the Republican National Committee grew its cash advantage with the Democratic National Committee spending heavily in July.
The RNC raised nearly $31 million, spent $33.5 million, and entered August with about $99 million on hand. By comparison, the DNC also raised nearly $31 million but spent $43 million and ended the month with just under $66 million in cash.
Megadonors boost outside groups
The new FEC filings show that, in July, megadonors from both parties plowed millions into prominent outside groups, which spent big in response to the changed presidential landscape.
FF PAC, the leading super PAC backing Harris, raised nearly $30 million, including a $5 million contribution from investment executive Marc Stad on July 25, four days after Biden withdrew from the race. The super PAC spent more than $27 million in July, including more than $20 million on independent expenditures, mostly for paid media aimed at supporting Harris’ bid.
MAGA Inc., a leading pro-Trump super PAC, had an even bigger month, raising nearly $55 million in July, and spending more than $43 million on independent expenditures aimed at boosting Trump.
Nearly all of MAGA Inc.’s haul last month came from a single $50 million contribution on July 15 – before Biden dropped out – from reclusive billionaire Tim Mellon, an heir to a historic banking fortune who has now given the super PAC a total of $115 million so far this election cycle.
This was Mellon’s second $50 million donation to MAGA Inc. – after a contribution made in May of this year. The two donations represent the largest individual contributions reported to the FEC so far this year.
Data from the ad tracking firm AdImpact illustrates how potent a force those outside groups have been in the early weeks of the upended race.
In the four weeks following Biden’s decision to drop out, outside groups – led by FF PAC, MAGA Inc., and the pro-Trump Preserve America – spent more than $180 million combined on ads amid a frantic scramble to define the new general election.
Over that stretch, FF PAC has spent a total of nearly $70 million on ads, including putting more than $20 million behind a spot that features clips of Harris making her campaign pitch at a rally. “I’m running to fight for an America where the economy works for working people, where you only have to work one job to pay the bills, and where hard work is rewarded, where reproductive rights are not just protected by the Constitution of the United States, but guaranteed in every state,” Harris says in the ad.
Countering those efforts, MAGA Inc. spent more than $50 million in ads over the same period. It put nearly $15 million behind an ad branding Harris “a dangerous San Francisco liberal” and slamming her record as a former district attorney and California attorney general.
Outside groups are poised to play a decisive role in the closing months of the 2024 campaign. AdImpact data shows that Democratic groups, led by FF PAC, have more than $278 million in future ad reservations for the presidential race through Election Day, while Republicans have nearly $140 million booked. And those totals are likely to continue to grow as November approaches, with spending in the 2024 race projected to break records.
A dire financial situation for RFK Jr.
The latest filings also raise questions about the future of Kennedy’s long-shot White House bid. The independent candidate has reportedly sought meetings with both Harris and Trump about potential roles in future administrations, and his running mate, Nicole Shanahan, said on a podcast posted Tuesday that the campaign is considering dropping out of the race and endorsing Trump.
Kennedy’s campaign ended July with just $3.9 million on hand and reported nearly $3.5 million in outstanding debts to private security executive Gavin de Becker for several security-related expenditures.
The filing showed that Kennedy’s campaign refunded nearly $1 million in July to Shanahan, an attorney and Silicon Valley executive whose personal fortune was seen as a potentially significant asset. Shanahan had given more than $13 million prior to the refund, crucial funds for a campaign lacking the support of any major-party infrastructure.
Those limited resources will add further pressure on a campaign already facing the challenge of securing ballot access in several states, including New York – where earlier this month, a judge rejected Kennedy’s submission – while also navigating an electoral terrain significantly reshaped by Harris’ elevation to Democratic nominee.
Harris erases Trump’s cash edge while RFK Jr. faces dwindling resources, new filings show
By David Wright and Alex Leeds Matthews, CNN
6 minute read
Published 2:59 AM EDT, Wed August 21, 2024
Kamala Harris speaks at the Democratic National Convention in Chicago on August 19, 2024.
Bernadette Tuazon/CNN
CNN —
Kamala Harris supercharged Democratic fundraising in July after taking over the top of the party’s presidential ticket, new federal filings show, helping erase what had been an emerging cash advantage for Republican nominee Donald Trump.
The new filings also show independent presidential candidate Robert F. Kennedy Jr. facing dwindling campaign resources and refunding contributions from his running mate, who said on a podcast posted Tuesday that the campaign is considering exiting the race and endorsing Trump.
Meanwhile, prominent outside groups funded by top megadonors raked in millions amid the transformed presidential race, and spent millions more on recharged advertising campaigns.
Here are takeaways from the latest round of monthly filings with the Federal Election Commission, which cover fundraising and spending activity for July, including the three weeks before Biden dropped out of the presidential race and backed Harris.
Harris opens up financial edge over Trump
Harris’ principal campaign committee reported about $220 million in cash on hand at the end of July, a massive jump from the nearly $96 million that the committee reported at the start of the month, when it was still under President Joe Biden’s control.
Harris’ bank balance also bested the $151 million the Trump campaign reported in its principal account on July 31. It’s a dramatic reversal from the end of June, when Trump led Biden in cash on hand by more than $30 million ($128 million to $96 million).
Both Harris and Trump raise most of their campaign funds through joint fundraising committees, which split proceeds between the presidential campaigns, national party committees and dozens of other allies.
Including all of those allies, Harris announced earlier this month that she had raised a record-breaking $310 million in July, including $200 million in just her first week after stepping in for Biden. A Harris campaign official said the team expects to cross the $500 million mark in fundraising in the coming days. By comparison, Trump previously announced that his entire political operation had raised a total of $139 million in July.
The new filings from each candidate’s principal campaign committee reflect that broader advantage. Harris reported that she brought in $204.5 million directly to her campaign account in July, including funds raised during the weeks when Biden was still in the race.
By contrast, Trump’s campaign reported raising $47.5 million directly to his campaign account over the same stretch. His campaign was also dramatically outspent by Harris’ campaign over the course of the month, $81 million to $24 million.
Amid the intensifying cash race, both national party committees also reported hauling in tens of millions, though the Republican National Committee grew its cash advantage with the Democratic National Committee spending heavily in July.
The RNC raised nearly $31 million, spent $33.5 million, and entered August with about $99 million on hand. By comparison, the DNC also raised nearly $31 million but spent $43 million and ended the month with just under $66 million in cash.
Megadonors boost outside groups
The new FEC filings show that, in July, megadonors from both parties plowed millions into prominent outside groups, which spent big in response to the changed presidential landscape.
FF PAC, the leading super PAC backing Harris, raised nearly $30 million, including a $5 million contribution from investment executive Marc Stad on July 25, four days after Biden withdrew from the race. The super PAC spent more than $27 million in July, including more than $20 million on independent expenditures, mostly for paid media aimed at supporting Harris’ bid.
MAGA Inc., a leading pro-Trump super PAC, had an even bigger month, raising nearly $55 million in July, and spending more than $43 million on independent expenditures aimed at boosting Trump.
Nearly all of MAGA Inc.’s haul last month came from a single $50 million contribution on July 15 – before Biden dropped out – from reclusive billionaire Tim Mellon, an heir to a historic banking fortune who has now given the super PAC a total of $115 million so far this election cycle.
This was Mellon’s second $50 million donation to MAGA Inc. – after a contribution made in May of this year. The two donations represent the largest individual contributions reported to the FEC so far this year.
Data from the ad tracking firm AdImpact illustrates how potent a force those outside groups have been in the early weeks of the upended race.
In the four weeks following Biden’s decision to drop out, outside groups – led by FF PAC, MAGA Inc., and the pro-Trump Preserve America – spent more than $180 million combined on ads amid a frantic scramble to define the new general election.
Over that stretch, FF PAC has spent a total of nearly $70 million on ads, including putting more than $20 million behind a spot that features clips of Harris making her campaign pitch at a rally. “I’m running to fight for an America where the economy works for working people, where you only have to work one job to pay the bills, and where hard work is rewarded, where reproductive rights are not just protected by the Constitution of the United States, but guaranteed in every state,” Harris says in the ad.
Countering those efforts, MAGA Inc. spent more than $50 million in ads over the same period. It put nearly $15 million behind an ad branding Harris “a dangerous San Francisco liberal” and slamming her record as a former district attorney and California attorney general.
Outside groups are poised to play a decisive role in the closing months of the 2024 campaign. AdImpact data shows that Democratic groups, led by FF PAC, have more than $278 million in future ad reservations for the presidential race through Election Day, while Republicans have nearly $140 million booked. And those totals are likely to continue to grow as November approaches, with spending in the 2024 race projected to break records.
A dire financial situation for RFK Jr.
The latest filings also raise questions about the future of Kennedy’s long-shot White House bid. The independent candidate has reportedly sought meetings with both Harris and Trump about potential roles in future administrations, and his running mate, Nicole Shanahan, said on a podcast posted Tuesday that the campaign is considering dropping out of the race and endorsing Trump.
Kennedy’s campaign ended July with just $3.9 million on hand and reported nearly $3.5 million in outstanding debts to private security executive Gavin de Becker for several security-related expenditures.
The filing showed that Kennedy’s campaign refunded nearly $1 million in July to Shanahan, an attorney and Silicon Valley executive whose personal fortune was seen as a potentially significant asset. Shanahan had given more than $13 million prior to the refund, crucial funds for a campaign lacking the support of any major-party infrastructure.
Those limited resources will add further pressure on a campaign already facing the challenge of securing ballot access in several states, including New York – where earlier this month, a judge rejected Kennedy’s submission – while also navigating an electoral terrain significantly reshaped by Harris’ elevation to Democratic nominee.