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#4 | Posted by LampLighter at 2025-08-07 06:04 PM
Are corporations using their new tax cuts to buy back their stock, raising the stock price?

There were no significant "new" corporate tax rate cuts or increases in One Big Bloody Budget-Busting Bill - it mostly stopped the tax rate set in 2017's TCJA from expiring at the end of 2025, making it "permanent"... unless and until Congress changes them. It was the same 2017 rate throughout the "great economy" and deficits of both Trump and Dark Brandon. There are some accelerated deductions and amortizations for R&D and other expenses but these are not "new tax cuts" that would materially affect corporations decisions to "buy back their stock."

Also, I don't know why "stock buybacks" would be considered "evil" or such a sore issue for anyone.

They aren't necessarily "raising the stock price" - many public/listed corporations routinely buy back stock to account for dilution, i.e., issuance of new stock as compensation to its employees, including directors, executives, pension and 401(k) plans, stock mergers/buyouts, outside contractors etc.

It's also a tax-preferred way of returning some value to the stock owners, as opposed to direct dividends, which usually drop the price of stock ex-dividend and are taxable, unless in tax-deferred or tax-free accounts.

For example, "Oracle of Omaha" Warren Buffett's Berkshire-Hathaway ($1T market cap) doesn't pay dividends and has often used buybacks, especially during NZIRP times, when he didn't see a better opportunity to invest somewhere else and excess cash from profits didn't yield much in safe deposit accounts.

Buyback is a responsible way for the boards, CEOs and CFOs to manage corporate cash. Large buybacks are often presented to stockholders for a vote.

www.investopedia.com - Buyback

Here's Buffett dropping some wisdom:

www.fool.com -- Warren Buffett Just Issued a Stark Warning to President Trump About the Impact of Tariffs. Buffett calls tariffs "an act of war..." - 2025-03-08

www.fool.com - Warren Buffett's Warning to Wall Street on President Donald Trump's Tariffs Is Deafening - 2025-08-09
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Redneck Recession Hits Working-class the Hardest

Recessions usually do; and felt first by the lower quintiles.

Wall Street and Silicon Valley are booming ...

Not quite accurate. It only looks like it because "rising tide lifts all/most boats" and the way the market indexes and passive investment funds work.

Mag Seven now account for 35.4% of S&P 500. That's almost 3x in 2015, when they were 12.3% of SPX - near concentration in financial sector in 2006-7, before 2008 GFC.

62% own stocks. Top 10% own 93% of the value. Top 1% own 50% of the value.

blogs.cfainstitute.org - Myth-Busting: The Economy Drives the Stock Market

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"Manufacturing is in recession. Construction is in a deep recession. Transportation and distribution is in recession. Wholesaling is in recession. Retail is holding on by its thumbs..."

This is not a new information. This has been true - and I've been pointing it out here all through the election season - since Biden's $1.3T "Inflation Reduction Act" and "Infrastructure Investment and Jobs Act" passed. Remember elections, when most people said that economy was #1 issue... in addition to "culture war" issues unfavorable to Dems?

news.gallup.com - 2024 October Gallup poll

Reduced to single "compound average" numbers, the 'GDP growth,' 'unemployment' and 'inflation' have been misleading and sending false signals for a long time, because stocks went up on AI investment spigot and top quintiles kept spending, putting money back into economy. Some people here (who no longer post) were sure about Dems' win because "US economy is the envy of the world" and good official NUMBERS 'under Biden'... apparently ignoring or not seeing the distribution and "personal economy" of majority of voters.

www.bloomberg.com - The Mighty American Consumer Is Powered by Higher Earners - Oct 15, 2024

www.vice.com - Rich People Are Powering the Economy - No One Else Has Money - 2025-02-25
|------- The top 10% of earners are responsible for 49.7% of all spending in the United States. ... in 1995, the top 10% of earners made up 36% of all spending. -------|

What is true is that Trump's stupid antics (aka "negotiation style") and mish-mash of economic goals (can't call any of this "policies" when they contradict each other and can be turned on a dime) has rapidly accelerated deceleration or "real" economy, when even top quintile and largest businesses are now being negatively affected, e.g. see Amazon's latest Q report; shares of delivery companies like UPS are down from 2021 peaks.

"Bring manufacturing home!" is a slogan, not a policy; it make no sense when the US manufacturing sector accounts for the same economic share of GDP but with the fraction of people employed at the peak in 70s, and that manufacturing sector is already in need of some 400,000 jobs "with appropriate skills" that employers can't fill. Is it parties' bright idea to mandate a shift from high value-add to low value-add "manufacturing" jobs?

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He believes that as much as a third of the US economy is already effectively in recession.

That's why government's view of "economy" has been so different from most people's for years.

Hard economic data has been sus since at least April, soft data shows overall economy is now decelerating faster.
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#9 | Posted by BellRinger at 2025-08-09 12:01 AM
This deal ends 35 years of fighting.

upload.wikimedia.org - map

If you knew anything at all about more than 35 years of Nagorno-Karabakh ('Artsakh Republic') conflicts and Lachin corridor (en.wikipedia.org - whatever replaces it to be named "Trump road"?), you would know that the "deal" which kind of "ended" conflict was the 1-day offensive of Azerbaijan forces in September of 2023 after they choked off the only road to Armenian enclave ("protected" by 2020 Russia-brokered ceasefire) and almost all Armenians who were able, fled to Armenia.

"On September 28 2023, the president of Artsakh signed a decree to dissolve all state institutions and existence of the Artsakh Republic to an end by January 1 2024."

'Artsakh Republic' no longer exists... neither does the conflict. Nothing to fight over since Sept 2023. In 2024 both countries had peace treaty talks; in April 2024 outline of peace agreement, with 1991 post-Soviet borders and land handover was approved by Blinken.

No "peace" was "brokered" by Trump.

Armenia (former member of Russia's 'mini-NATO' lookalike CSTO) is pissed at Putin who promised protection, but removed his "peacekeeping" troops. It since looked for security (from Azerbaijan and Turkey threats) to the US and EU.

www.newsweek.com - Putin Caught Off Guard as His 'Mini-NATO' Falls Apart - NW, 2024-02-23

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#14 | Posted by BellRinger at 2025-08-09 10:43 AM
The leaders of both countries have said that Trump was instrumental in getting the peace deal done.

What did you expect? It's part of the same sad script in the spectacle and charade that "Man of Peace" Trump is running, chasing Nobel Peace Prize.

Did you know that he tasked "Little" Marco Rubio to find whoever wherever want to sign the already negotiated peace agreements and bring them to White House for signing ceremony, even when (as he himself admitted) Trump has no idea of the origins and why there were hostilities in the first place?

The scenario of grift: Trump commits US taxpayers money/support for some project the parties want (and name it "TRUMP something"), claims credit and is publicly praised for "brokering peace" and one/both of them nominate him for Nobel Peace Prize... hoping that either the number of nominations will do it or at least he can boast and complain that he didn't get it despite all the "nominations"... as he already did during Congo-Rwanda signing.

You remember "celebrating" Congo-Rwanda sham-wow "peace accord" Trump claimed credit for and promised "US support" just a month ago?
drudge.com and drudge.com - "Congo and Rwanda Sign a US Mediated Peace Deal" - June 29, 2025

Ready to send in the Marines?: news.un.org - UN: Armed militia kill hundreds in eastern DRC - 2025-08-06
|------- Hopes for peace in the Democratic Republic of the Congo (DRC) have been shaken by a surge in brutal attacks on civilians by armed groups, including the Rwandan-backed M23 militia. ... "despite the ceasefire that was recently signed in Doha..." -------|

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#19 | Posted by BellRinger at 2025-08-09 11:04 AM
It's insane that you view EVERYTHING through a Trump lens.

It's insane that you have not a bit of curiosity or critical thinking when it comes to anything Trump - for Trump, EVERYTHING is really ALL about TRUMP!

Congratulations, "You've been Apprenticed!"(TM)
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Something about word "nuclear" is always getting some people all hyper and buggered.

The premise of the article is idiotic - that "This should stop before an arms race, atomic terrorism or even nuclear war results."

"This" being R&D of nuclear energy for peaceful and safe(r) nuclear plants and reactors. As if any of that will result in (new?) "arms race, atomic terrorism or even nuclear war."

On the contrary, the new reactors are designed to be safe from exactly the ills author describes, that previous designs and plants were susceptible to, and move from costly and un-safe LWR into multiple solutions that have nothing to do with "arms race" because they don't depend on "enriched" U-235 or Pu-239.

For example, 30 safe CANDU (Canada Deuterium Uranium) reactors are currently deployed worldwide - 19 in Canada, 4 in Korea, 18 (16-modified) in India, 2 in China, 2 in Romania, etc.

FTA: |------- ... Biden also gave nearly $2 billion to TerraPower, a nuclear energy venture founded by billionaire Bill Gates, for a similar but larger "fast" reactor that also is touted for export. Experts say this inevitably would entail far greater plutonium extraction, even though the company denies any intention to do so. The U.S. Department of Energy also has funded the American branch of Terrestrial Energy, which seeks to build exotic "molten salt" reactors that use liquid rather than solid nuclear fuel. ...
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LFT/thorium MSRs (Malten Salt Reactors) are hardly "exotic" - they burn ALL nuclear fuel, some MSR designs go back 60+ years (one went "live" at Oak Ridge NL, TN in 1965) - and newer U-Pu "fast reactors" designs depend on cheap repurposed fuel that can be "extracted" from spent nuclear rods used in now-predominant LWRs, at the same time helping solve problem of storing the accumulated "nuclear waste."

Author "instead" is pushing for vague "... new reactor types that use tiny particles of coated fuel, which can bolster resistance to both accidents and plutonium extraction" (IOW, he means tristructural isotopic coated-fuel particles / TRISO CFP, which are also safe) ... but fails to mention that they also require processed uranium in UCO or UO2 (or Pu), and that TRISO-based reactors emit l2x-15x of SNF (Spent Nuclear Fuel) per unit of energy produced than a typical LWR. This creates several problems of both pre-processing and post-processing of radioactive materials, not to mention the total cost and radiation safety outside of reactor time, which also reduces the time the fuel can be stored and/or transported.

Different designs have different immediate and lifetime cost structures, and issues of operational and storage/transport safety, emissions, etc., so may need to be balanced depending on environment. But once built (amortized) they can produce immense amount of clean cheap energy.

Some of these companies are public or planning to go public via SPACs... Few, like Oklo (NYSE:OKLO), look like "vaporware" with nothing but slick PR and gov't ties. Be careful if you want to invest in them - remember a slew of "renewable energy" companies that spectacularly went bust.

There have been R&D funded by the US and other governments (Germany, UK et al) on improving all these designs, including bipartisan in the US (see above), so the author pushing the panic button because Trump admin (just like Biden admin before him) chose to fund some R&D outside of his fav solution, using "arms race, atomic terrorism or even nuclear war" rhetoric is nonsensical and plain scaremongering, playing on people's fear of "Nukes!" like use of "depleted uranium" in armor-piercing shells.

Not cool.
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#4 | Posted by oneironaut at 2025-07-28 10:21 AM
How dare they use math. --- #3 math?

Yes, math - algorithms that adapt to variations of supply and demand.

These aren't free market principles. This is no different than a social scoring system. Earning or lising points because government wants you to behave a certain way.

This is EXACTLY "free market principles" - Delta is not the government and can't force you to buy anything, only incentivize you by cheaper prices or upgrades when supply exceeds demand and they have open seats to sell [for marginal profit], or raise prices when seats are in short supply and demand exceeds supply.

|------- If passed, the law would allow anyone to sue companies found unfairly using AI, lawmakers explained in what's called a "one-sheet." That could mean charging customers higher prices - based on "how desperate a customer is for a product and the maximum amount a customer is willing to pay" - or paying employees lower wages - based on "their financial status, personal associations, and demographics."

Hepner pushed lawmakers to support the legislation... suggesting that could help "restore fair, transparent, and predictable pricing." Otherwise, "there is no such thing as a good deal when every consumer is charged a different price"
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Really? What is "a good deal" to him? "One size/price/wage fits all" is a "good deal"?

More [class] lawsuits and/or government interference and regulations based on someone's "perception" of being "gouged" by "predatory" airlines or employers that take into account education, experience (demographics), work history, mental capacity, etc.?

That will only raise costs and, correspondingly, prices for everyone.

|------- Delta denied that its AI system used personalized data for individualized pricing. Instead, it apparently relies on AI to forecast demand for certain flights... factors like... customer demand, and competitive offers that perhaps that customer is known to be weighing also influence the AI's pricing, which lawmakers and critics may be interpreting as individualized pricing.

Delta said: "There is no fare product Delta has ever used, is testing or plans to use that targets customers with individualized offers based on personal information or otherwise. A variety of market forces drive the dynamic pricing model that's been used in the global industry for decades, with new tech simply streamlining this process." -------|

This is just an extension of what Sen. Warren and Bernie Sanders and Ron Wyden tried last year, to blame Kroger and/or other grocers or companies in other industries (like real estate/rent management company RealPage, etc.) that used tech and math ("algorithmic pricing" / "dynamic pricing") for so-called "algorithmic collusion" (aka "hi-tech price fixing") and "gouging" ("corporate greed") while in reality it usually benefits both the consumers and companies, e.g.:

www.npr.org - Why supermarkets are adopting dynamic pricing: Dynamic pricing is an increasingly common phenomenon - NPR, 2024-03-06

Now the same "usual suspects" using the same terms ("gouging, fair wages, inequality, exploitation...") are trying to redefine "algorithmic collusion" as "AI spying / surveillance-based pricing" and also sneak into the bill "AI-based wage discrimination."

This is just one example why voters don't usually trust Democrats on the economy.

No thank you!

If you read the entire article and understand what this bill is really about and what it's actually trying to do, you would say not only "No thank you!" but "Hell, no!"
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