Thursday, October 27, 2022

Two financial genuises chiming in on something they know nothing about...

 
Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) sent a letter to Federal Trade Commission Chair Lina Khan on Tuesday, asking that the regulator oppose the merger between grocery giants Kroger and Albertsons.
The progressive politicians argued that the proposed $25 billion deal would lead to higher prices and lower wages, hurting shoppers and workers alike. Kroger and Albertsons are two of the largest grocery chains in the country.

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5 comments:

  1. With the New World Order Davos Great Reset crowd working to create famine and food shortages as well as crippling hyperinflation, it's small wonder that they are doing advance propaganda work to blame it all on someone else.

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  2. Grocery chains have some of the lowest profit margins of any business, they make it in volume. Blaming stores for inflation is like blaming Circle K for high gas prices. I'm sure these two geniuses would be on board with collectivizing agriculture and nationalizing the retailers. Idiots.

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    1. +1 The produce department typically operates at a loss due to spoilage at most grocery stores. That matchup would still have them behind Wal-Mart but their buying power would increase.

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  3. "...the proposed $25 billion deal would lead to higher prices and lower wages, hurting shoppers and workers alike."

    Remember that phrase we hated in Math class, "Show your work"? I'm at the point where I'm going to start asking "Show me how the merger will cause this."

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  4. Two mental midgets fighting against something they know nothing about, strictly to be in the conversation...socialists....you can't live with them and you can't just shoot em....maybe a giant eagle could swoop down and snatch them up like puppies and feed them to their young....hmmmm....an eagle.....now that would be damn poetic....

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Okay - who's not drinking out there that should be?

A 2024 Gallup poll also found that the share of younger adults who say they drink fell from 72 percent to 59/62 percent in the past two deca...