The owner of a New York City supermarket chain predicted the food prices will increase sharply in the coming months, with some increasing 10 percent in the next two months.
John Catsimatidis, the billionaire supermarket owner of Gristedes and D’Agostino Foods, warned that food giants such as Nabisco, PepsiCo, and Coca-Cola will prioritize raising prices on products.
“I see over 10 percent [price increase] in the next 60 days,” he said in an interview with Fox Business on Monday, adding that the trend will not drop “anytime soon.” Catsimatidis cited rising inflation and supply chain bottlenecks that are currently plaguing supermarkets and other retailers around the United States.
Catsimatidis then cautioned: “I see food prices going up tremendously” because food company CEOs “want to be ahead of the curve and the way they’re doing it is they’re dropping all promotions. They are dropping low-moving items.”
Here is the truth. We aren’t equal and never have been. Some are going to do better than others. Others will do worse. Some get better or worse breaks in life. Some make better or worse decisions and get the expected results. Actions have consequences. Life is tough. That is the only thing that you can count on being equal.
The current crowd of politicians is perpetuating their money grabbing policies by trying to divide the country on race, sex, ethnicity, gender (sex) and anything else they can. They are more interested in their longevity than the country’s. The two real classes are those in Washington and the rest of the country.
If they pitch one race against the other in classrooms, they are the racists. If they pitch one sex against they other, they are the sexists, misandrists or misogynists.
The communists used to divide people against each other by working class. The current crop has picked new guidelines, but ues the same tactics for power. If they can divide us, they can rule us. It is an election tactic.
There is a trope going on that the government should take care of everyone from cradle to grave. That just makes servants out of those who are subjugated and believe in this nonsense.
There are not really 2 parties behind closed doors, only in front of the media and big tech who are their accomplices and mouthpieces. They agree on almost everything that serves them.
I’m just hoping that there is going to be consequences for those trying to make a monarchy in Washington. We fought to get away from that to start our country and I hope that it can still save what is left.
The political rhetoric is about equality, but people are too different to be equal, at anything, even identical twins think differently. Equal opportunity to succeed is our best shot.
There is no magic bullet in life on Earth.
BTW, this is another censorship shot. I don’t think they like the real definition instead of theirs.
He lived through the ravages of Communism and wrote about it.
The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.” – Thomas Jefferson
Remember, I’m an observer of trends and have taken a position of waiting to see where I’ll fall on any subject until enough facts are in.
Milton Friedman said people are greedy and power hungry when answering who would you trust to have power for your government. We’ve had a test run on what would happen with the struggle to re-open the country after the Wuhan/Covid virus. (here is a brief clip, but the entire discussion is there if you want to view it). He refers to Einstein, Henry Ford and others accomplishing what they did and how.
Some governors have shut down their states, while others are trying to re-open. It’s too early to see who is right, but the trend is leaning towards the virus dying down in both.
What does this have to do with the right to bear arms? It gives us the right to protect ourselves from our enemies. At the time it was referring to the oppressive British, but when setting the boundaries of what was to become the greatest nation ever, it was to protect us from an oppressive US government or any other government for that matter.
I love sports as much as any other red blooded American male. I love both playing them and watching the best compete against each other. I just wish they’d realize that with a very few exceptions, athletics is all they are qualified to pontificate on. I’m tired of being lectured about their position on anything other than their sport. I’m willing to bet that I’m not alone and in the majority.
Even though the meme points to their salary, I don’t have a problem that they make a lot of money. It doesn’t make them smart or qualified to tell the people with essential jobs how we should think though. I’m glad that they worked their way to the top based on their skill and God given talent that they worked hard to perfect. They should be grateful that they were born in a time and a place that allows them to succeed. When anyone succeeds, the tide rises for all boats so good for them.
They are getting a lesson that while we enjoy being distracted watching them, we don’t miss their soapbox spoutings and are managing to survive just fine without them.
I hope they don’t forget that it’s the fans who pay them. They work for the fans, not the other way around.
In these days of divisiveness, there are some facts based on economics that are hard to refute, even if you don’t want to admit it. I enjoy discussion by people of high IQ and of great wisdom, something the world of Political Correctness is sadly overlooking.
This is an abstract of a piece that being the son of an air conditioning pioneer in Florida, I can relate to. Before you skip to the link, notice his comments as he contributed a great deal of the original building code for Florida in an area when this technology first was implemented.
ABSTRACT This paper explores whether the spread of air conditioning in the United States from 1960 to 1990 affected quality of life in warmer areas enough to influence decisions about where to live, or to change North-South wage and rent differentials. Using measures designed to identify climates in which air conditioning would have made the biggest difference, I found little evidence that the flow of elderly migrants to MSAs with such climates increased over the period. Following Roback (1982), I analyzed data on MSA wages, rents, and climates from 1960 to 1990, and find that the implicit price of these hot summer climates did not change significantly from 1960 to 1980, then became significantly negative in 1990. This contrary to what one would expect if air conditioning made hot summers more bearable. I presented evidence that hot summers are an inferior good, which would explain part of the negative movement in the implicit price of a hot summer, and evidence consistent with the hypothesis that the marginal person migrating from colder to hotter MSAs dislikes summer heat more than does the average resident of a hot MSA, which would also exert downward pressure on the implicit price of a hot summer.
He told me that he felt responsible, if not guilty that the d–m yankee’s relocated to the south, especially Florida. This is particularly ironic as his parents migrated from Boston in the 1920’s, but this was decades before air conditioning. That meant he spent his childhood growing up in an unairconditioned house in central Florida, a virtual hot house and the location of near 100% humidity. As a side note, I spent a part of my childhood in an unairconditioned house also, but kids don’t care about what they don’t know. We played outside in those days.
As he was a part of the team that designed the Epcot HVAC also, tourism wouldn’t have invaded and transformed the south either. It’s too bad they didn’t figure out AC for the outdoors given the sweltering heat waiting in long lines at tourist attractions.
One can track the swelling of population to the south, particularly Florida to the invention of AC. One side of the state tends to favor the mid-west (the more polite side) and the east southeast portion is now almost a southern borough of New York City.
He reckoned that what was once a polite southern state had become a haven for the same people that gave the USA a bad name abroad for their brash manners and self centered nature. He also observed the voting dynamics being changed by the northeastern influence.
Conversely, the south would not have grown near as quickly business and tourism wise had it not been for this technological improvement. I did enjoy one of the first air conditioned houses, but the heat combined with the imported people caused me to ultimately leave as the city I departed from (in south Florida) earned it’s reputation as the rudest city in the US the year before I left.
Additionally, it did raise wages in the south, although not enough for the liking of those who moved there. It also turned sleepy little towns into booming tourist traps creating numerous jobs.
Worst of all he said was the level of complaining. While the snowbirds moved there to get out of the cold, they then complained how everything was much better from (name the state or city) and how it was so hot outside. Not the most political fellow, he invited them to move back occasionally.
One final difference was that in the south, people let you in when there is traffic. Up north it is a sport to cut someone off.
Once again, the rich like their money. Once again, Socialism doesn’t work because growing an economy is the way out of a deficit rather than taxing your way out. So Hollande’s premise during his campaign, like in the US is a facade.
As Frank Zappa said: Communism doesn’t work because people like to own stuff.
Margaret Thatcher noted that socialism doesn’t work because sooner or later you run out of other people’s money.
France’s Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande’s push to make the rich contribute more to cutting the public deficit.
The Council ruled that the planned 75 percent tax on annual income above 1 million euros ($1.32 million) – a flagship measure of Hollande’s electioncampaign – was unfair in the way it would be applied to different households.
Prime Minister Jean-Marc Ayrault said the government would redraft the upper tax rate proposal to answer the Council’s concerns and resubmit it in a new budget law, meaning Saturday’s decision could only amount to a temporary political blow.
While the tax plan was largely symbolic and would only have affected a few thousand people, it has infuriated high earners in France, prompting some such as actor Gerard Depardieu to flee abroad. The message it sent also shocked entrepreneurs and foreign investors, who accuse Hollande of being anti-business.
It took me this long to finally buy an iPhone. I waited until the right carrier had it (AT&T is a diversity nightmare), then my current provider didn’t have international covered because of CDMA. So when that all came online, I then had to wait for an upgrade time so that I wouldn’t pay an arm/leg/firstborn. It wasn’t a feature to feature comparison, 3G or 4G or any other techie issue that caused it. It was because I know Google, have worked with Eric Schmidt and believe they are evil about their intentions with our data, public or private.
Before any hate mail comes in that Apple does it too, I turn off location services when I leave the house and can confuse them enough that tracking me doesn’t me do them any good….not that anyone would/should care. I’m a statistic to them and so be it.
Disclaimer: I’ve had an iPod since 1994 (rotary wheel version) and have an iPad and iPod before I bought the phone, but I worked with/against Google and have met Eric Schmidt at a partner conference. I don’t trust Google nor do I trust Schmidt as I heard what they are up to. Basically the same thing as Pinky and the Brain are after, take over the world.
I and I believe they are sincere. Apple developers are trying to build an ad base to compete against the world/Google, but I can turn them off…..Google follows me, my house, what I buy and everything else…..then are all too happy to share it with those I don’t want them knowing I exist.
In the quest for data analytics, companies have sold their soul. Google and IBM are at the top of this data list, closely followed by Oracle, only closely in this case as they are hampered by a leader who holds them back from becoming a great (or modern) company.
OPEN SOURCE VS. PROPRIETARY.
Most analyst’s I talk to have Android so that they can practice what they preach, it’s an open world. Well open source doesn’t work as well and smooth as IOS, so I don’t give a rat’s rump about this. I just want it to work and for me not to have to fix or code one more device. Most open systems require tinkering far too often. So I’m calling BS on that argument. I’m a consumer with too much going on to have a device that doesn’t work every time and easily.
SECURITY
It appears that Smartphones are now being attacked by malware and theft. I know of 2 so far on IOS, but Android seems to be up 90%, so it looks like Apps on this OS are easier to break into. This was not my initial decision point, but has skyrocketed to my list of concerns within a short period of time.
MY PREVIOUS SMARTPHONE
I had one of the newest Blackberry’s and in one word of advice for those who are considering buying it….don’t. The interface is archaic compared to IOS and I got it because of a corporate policy that stuck me with a device that was hard to use. I had to take it the phone store to set up the special things I wanted (I have about 7 email addresses and many special things related to what I do, and BTW I set them up myself on the iPhone) and have set up phones and computers for 31 years….before things were easy so I know how to reverse engineer without instructions
BTW, I’ll never buy another Windows/Microsoft product again now that I work for myself. They can only treat me this poorly (since Windows was released) for so long before I vote with my own money like I did here….
Times are tough for teenagers to get a job. I’ve heard that unemployment is more that 20 +% for teenagers. My son has struck out getting a job, although he has put more effort into video games than looking for a job, so we started an eBay business.
It’s name is NeonDeal, Click on the name and see what he is selling, vintage fishing lures. The one in the picture is worth a few hundred dollars. Of course, I know something about it, but he built the blog and the Twitter account which you should follow and see what he is selling. He sold and shipped his first lures last week and made more money in one night than he would in a month at McDonald’s. He’s learned a valuable lesson, work for yourself and it’s good to be the boss. Michael Dell started a company called PC’s Limited out of his dorm room….It’s now call Dell Computers. Hope my son gets that kind of taste for the real green. So he’s self employed for the summer and is understanding inventory, shipping, logistics, marketing, sales, blogging and if you don’t work…you don’t get paid.
I’m rarely first in line to many movies and the Social Network is the same, I just saw it last Saturday night. I realize that the movie didn’t tell the exact story, but I’m sure there were enough similarities to be close.
CAPITALISM, WHY OUR COUNTRY IS GREAT AND THE BEST ECONOMIC SYSTEM IN HISTORY
My first impressionism was thank the good Lord for Capitalism. There may have been some rough issues with the ongoings of the start up, but that we can live in a country where entrepreneurship and the ability to start a company, create jobs and have a shot at success should be celebrated. I want an environment where you can make it, or make it big, which is what is great about this country….The American Dream. The idea that we should re-distribute wealth because some do better than others is nonsense. One of the best lines in the movie came at the deposition when Zuckerberg answered if he stole Facebook from the Winklescarfs, “if you guys were the inventors of the Facebook, then you would have invented the Facebook”…ouch. It took hard work, vision and of course a couple of lucky breaks, but would this come out of the current environments in Venezuela, Iran, North Korea….I’m open to any examples?. That Zuckerberg had an idea and was able to become a billionaire gives real hope to everyone. Build a better Mousetrap and the world will beat a path to your door………………………….but only in the free world.
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WHY I’M GLAD IT TOOK PLACE IN hARVARD (lower case intentional)
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That (at least) the 2nd dropout from harvard (lowercase emphasis mine) became a billionaire shows that an Ivy League credential is not what it used to be, nor is it necessary or as prestigious as it once was (unless you are a dropout billionaire) . Another great line in the movie that the Winkledoofuss’s were mad because they didn’t get their way such as they had all their pampered life was epic. We don’t live in the entitlement world (or shouldn’t). I’ve worked with Finklehorsespatoots from all of the Ivy league skools (sp on purpose) as well as those like Duke, USC, UNC-CH, Notre Dame, columbia, princeton who take college snobbery to the wrong level. Proud of your school is one thing, elitism is another….guess which one is appreciated or listened to? These institutions are reducing themselves to credentialed, not necessarily educated. Guess which ones are laughed at and not considered worth the money they charge? For the most part, the extra money they paid for their education was a waste that could have been invested and would be worth more. The reality is most are doing the same job for the same money. It got to the point in one of my jobs at IBM when someone would brag that they had a harvard MBA, someone would comment in public what a waste of money that was for the person. The rest of us would know to work around that person as they would just be a hindrance to our ability to get any work done. They were almost pariahs to everyone else being the snowflakes they usually turned out to be.
It takes a dream and passion to see it to fruition, otherwise you are a lemming in the working world. No degree earns you the right to do anything but try. I also subscribe that things are not equal, nor should they be. Some get more than others, be it because they are smarter, work harder or some combination of both. If you get a lucky break, consider it a bone, but it’s not an entitlement.
The plaintiffs didn’t have the ability to pull off what Zuckerberg did and they wound up sucking on the hind teat of his success. You could tell that the lawyers got as much as the clients he settles with through billing and retainers on that settlement. Might as well include lawyers in the offended since it looks like I’m growing that list in this blog. This brings me to another of my favorite scene’s, the best answer I’ve ever heard at a deposition. I wish I’d said it although I’ve said something close I’ll admit.
HARD WORK
Facebook didn’t just succeed because of luck (maybe luck in the timing) and some who didn’t see it’s potential got left behind, but the key to it’s success like most things is ability and hard work. Although I work for a big company now, I cut my teeth with entrepreneurs who gave every drop of blood, sweat and many times their personal life to make something they believed in a success. Most are at least Millionaires now and I don’t begrudge a one of them. They took the risk and deserve the reward. I only wish more would make it so they could hire more people and reduce unemployment, restart and grow the economy This will be the turn around our current economic situation needs, and much faster than our present Keynesian politicians.
REALISM OF THE FILM
I thought they captured the timing and semantics of the period correctly I was noticing the coding on screen, the Apache servers and that Zuckerberg edited his blog in HTML. I even noticed that the cell phones were time period appropriate. What hasn’t changed is College partiers. Not that I know that much about college partying, but I’m sure some of that really happens. Although they said he wasn’t an asshole, but that he tried so hard to be one was partly true. He didn’t have to try.
REAL LIFE
It turns out that Zuckerberg is a suck up to the President to promote Facebook. Why someone so smart would let himself be manipulated is beyond me. He didn’t realize that he let a campaign go on for the youth vote who are so easily manipulated by MTV, The Comedy Channel and such outlets. Older, wiser and those hurt more by the economy know better than to support this or be buffaloed by this sort of trick. The fact that Fakebook is censuring political groups that are not liberal and letting terrorists plan attacks or post mendacious things about moral groups shows who they and Zuck really are, biased.
EPILOGUE
This was a good movie that shows you can still make it in the business world. Bill Gates, Michael Dell, Steve Jobs and many others are all good examples of the American dream that Zuckerberg lives. By now it is out on DVD, I even TiVo’d it the other day an watched it again just to see success. I am glad we live in the part of the world where you have the chance to succeed or fail. But if you succeed, you usually take others with you. A rising tide floats all boats.
