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MIM307

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MIM307 last won the day on October 15 2021

MIM307 had the most liked content!

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  1. You know huh? When was the last time you needed a tampon in a public Weren't you screaming about mask mandates a few months ago? How dare the government tell you what to do with your body? Educate yourself on the definition of hypocrisy. And if you find a tampon in your little boys room, feel free to stick it.
  2. It is a huge joke. If Fed knew anything about tampons and sanitary napkin dispensers in bathrooms, he would know that they are always empty or if they have any in the machine they are from circa 1980. But is a great example of when men assume they know what goes on in society for women.
  3. The greenhouse on 410 is called Scenic Hill. They had very healthy plants and excellent prices. Very pleased!
  4. Thanks, Cacao. I'm hoping to get an early start on my greenhouse hopping tonight. I did find out that the Amish Greenhouse is open until "dark." Then I'll hit up the Brockway FFA one at the high school on Saturday morning and maybe Kemmer's in Kersey too. Tis the season!
  5. Does anyone know the hours of the Amish Greenhouse in Troutville this Spring?
  6. 1 of 4 articles I posted quoted the White House on the topic for inflation, as it related to price gouging. For 2 sentences. So that makes me a socialist? What did the other 3 articles say? Anything from the White House? Or did they just quote the greedy corporate heads justifying the price raises for their own benefits? It's pretty telling you have yet to acknowledge they do in fact back up my opinion. You don't have agree with my opinion but telling me it's not based in facts, supported by the articles I posted, is BS. I've made my point. You can keep dodging and spinning to avoid seeing what I said and proved with sources. I have nothing more to add to this conversation.
  7. Where am I promoting the government and it's socialist ways??? Where did I say I wanted the government to control everything??? I stand behind my words, my opinion, and my sources. You don't have to agree with a thing I say, but I'll be damned if you are going to tell me I am doing/saying something I'm not just to fit your agenda. Talk about a socialist.
  8. Wrong. READ IT AGAIN.
  9. So read one of the other 3 I posted that doesn't quote the White House. I'll wait.
  10. Bingo. That was my initial opinion you had such an issue with. Companies will continue to raise prices until the consumer won't pay them.
  11. AND THERE IT IS....BLAME THE SOURCE!!! Lol. You are so predictable. Read any of the other articles I posted. The White House isn't quoted but you won't bother to do that.
  12. There's 3 sources to back up my opinion that food corporations are raising prices because the consumer will pay them. These corporations are hiding behind the raising inflation as their reasoning, but as referenced in several of the above articles, they are increasing prices because the consumer will pay the prices. The pandemic killed many small businesses. The government's restrictions killed the ones that survived the initial pandemic shut downs. Large corporations, especially those in grocery store industry, are profiting from the pandemic at record levels. The government holds the responsibility for inflation. The corporations' greed holds the responsibility for raising prices at grocery stores.
  13. https://www.salon.com/2022/02/17/giant-producers-are-profiteering-off-inflation--and-bragging-about-it-too/ On an earnings call with analysts Thursday, Rodney McMullen, CEO of the supermarket retail company Kroger, said the company "operates the best when inflation is about 3% to 4%," adding that "a little bit of inflation is always good in our business," according to CNN. The CEO also noted that the increasing cost of goods, fundamentally driven by soaring demand and a supply chain backlog, can be passed off to consumers because they "don't overly react to that." During the final quarter of 2021, Tyson's average price of beef rose by roughly 31%. The company's share price shot up by 11% on Monday after it reported profits that doubled in the first quarter of 2022, according to Reuters. Last month, Procter & Gamble — which manufactures or distributes a wide range of cleaning and hygiene items as well as food, snacks and beverages — said on Wednesday that the company expects profits to increase into 2022, even as the cost of labor, freight and raw materials continues to rise, according The Wall Street Journal. "The consumer is very resilient and very focused on these categories of clean home and health and hygiene," P&G finance chief Andre Schulten told the Journal.
  14. https://news.wttw.com/2022/04/04/profits-meat-producers-soar-amid-allegations-price-gouging “Certainly the industry does face some genuine supply chain disruptions … but this is also a highly concentrated industry,” said Kelloway. “If these companies were just passing on their increased costs of production we wouldn’t see their profits increase. But not only are they not just maintaining their current profits, they’re rising at record levels.” According to the White House, net profits for the top meat producers are up over 300% since 2019. It said in a January briefing note that one large meat-processing firm told investors on an earnings call that by increasing the price of beef by 35% it made record profits in the fourth quarter of 2021 despite selling less beef than a year earlier.
  15. https://www.globenewswire.com/news-release/2022/02/10/2383308/0/en/Food-Manufacturers-Surprise-Profitability-Set-to-Continue.html From February 2022: “We believe that consumer food spending habits, which have become firmly entrenched after two years of the pandemic, will persist for a good while even if COVID fades into the background by mid-year,” said Rob Fox, director of CoBank’s Knowledge Exchange. “The combination of tailwinds from the pricing actions now taking full effect with the continuing strong consumer demand means retail food manufacturers will continue to enjoy strong profits in 2022.” When COVID did not fade away in 2021 as anticipated and grocery demand remained robust, food companies were able to adjust pricing, and profit margins generally remained intact. Since the initial COVID wave in March of 2020, total weekly grocery sales have averaged 15% higher than pre-pandemic levels. The simple average of operating profit margins from 66 publicly traded food manufacturers and processors shows that profit margins remained strong and even widened in calendar Q3 of 2021. Recent earnings guidance from food manufacturers suggests strong profit margins will persist when Q4 results are unveiled in the coming weeks. In fact, strong unit sales on top of pricing actions likely drove many food companies to record incomes in 2021.
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