Signs of the eventual fall of American hegemonic power. We elect based on "likability" aka "can the candidate speak as dumb as me".
If everybody believes this it becomes a self-fulfiling prophecy. It has certainly helped Warren jumpstart her campaign.
Warren passes up Sanders for the first time in polling Ideas don't matter - well maybe they actually do.
[Premium Post] Elizabeth Warren lied her way into her career in education by presenting herself as an American Indian. She deprived actual American Indians of opportunity in so doing, and made a mockery of affirmative action policies. All to promote her self interest. She is disqualified due to literally basing an entire career on racial fraud! Charlamagne tha God compared Elizabeth Warren to Rachel Dolezal to her face! You don't recover from that to become President. Sorry GOOD DAY
His supporters have made it clear that they don't care. The United States elections and democracy just aren't as important to them as sticking it to the opposite party and getting the supreme court justices they want. They literally don't care and some applaud it.
https://www.powerlineblog.com/archives/2021/12/big-grocery-seriously.php POSTED ON DECEMBER 21, 2021 BY JOHN HINDERAKER IN ELIZABETH WARREN BIG GROCERY? SERIOUSLY? I’m not saying that Elizabeth Warren is the dumbest person in public life–there is a lot of competition for that title–but let’s just say she is having the worst week. First she accused Elon Musk of being a tax freeloader, just before he disclosed that he will pay $11 billion in taxes this year, more than any American in history, to Warren’s slush fund the federal government. Next she blamed skyrocketing food prices on “Big Grocery.” Seriously: Giant grocery store chains force high food prices onto American families while rewarding executives & investors with lavish bonuses and stock buybacks. I'm demanding they answer for putting corporate profits over consumers and workers during the pandemic. https://t.co/NvY2MKKJNP — Elizabeth Warren (@SenWarren) December 20, 2021 This is almost beyond belief. The grocery store business is notoriously competitive and relatively unprofitable. David Harsanyi writes that “average margins [come] in at a little over 2 percent,” one of the lowest margins of any industry: [T]o put the numbers in context, health-care-products companies saw 10.91 percent net profits last year; home furnishers saw 4.63; household-product makers saw 11.71; restaurants saw 5.69; home builders saw 9.04; and online retailers saw 4.95. The idea that there is such a thing as “Big Grocery” is so laughably stupid that only a far-gone ideologue like Elizabeth Warren could take it seriously. The broader point is that, according to the Democrats, we have suddenly been beset by a plethora of capitalist conspiracies, worthy of Chavez/Maduro Venezuela: Big Oil is responsible for exploding gasoline prices, auto companies–according to Warren–are to blame for rapidly rising vehicle prices, semiconductor companies (again, per the eternally clueless Ms. Warren) are behind the chip shortage, and so on. It is hard to understand why all of these industries would conspire to raise prices at the same time, coinciding–by coincidence, apparently–with the Biden administration’s wild money-printing and spending spree. Hard to explain, that is, if, like Elizabeth Warren, you don’t know a damn thing about economics. I think it would be premature to confer the Dumbest Person In Public Life award on Elizabeth Warren, but for the time being we certainly can finger her as the author of the Dumbest Attacks On a (Relatively) Free Economy of 2021.
I'm not saying the Powerline Blog article is dumbest article about Elizabeth Warren but it is having a horrible outing regarding its posting. There is definitely such a thing as big grocery. Just ask any of the local grocery stores that have been around and have had one of the big chain stores move in. Elizabeth Warren has long been a champion for the consumer standing up to corporate interests that have such an advantage.
No, she isn't. She helps to try and give voice to those whose vocalizations aren't timbered by their wealth and ability to take advantage of others. Don't be a simpleton.
Walmart, Target, and Amazon fit the bill pretty well in terms of what she's talking about with big grocery. That said, "big grocery" is not the reason why prices are suddenly skyrocketing. If anything, those guys are what kept inflation down the last decade because they can provide food cheaper than the local grocers. This part seems like pure pandering on Warren's part.
Progressive democrats like Warren, AOC and Bernie doing more for the conservative cause than the entirety of the Republicans
this is a good and fair point; there are of course very large grocery chains that affect the pricing of numerous items throughout the U.S. On the other hand, I think his larger point is still fair: Warren's use of the term "Big Grocery" to concur up some sort of global conspiracy theory on par with Big Pharma or Big Oil does seem to be rhetorical overkill. (can I use the term "overkill"? I need a ruling. Don't want to get ambushed here.) The pharmaceutical companies and oil companies do in fact operate on a global level--that's what makes them "Big." There is no real equivalent in the grocery world. The decisions of Kroger and Piggly Wiggly don't really affect the price of bread in Moscow.
I agree to a point. They keep prices down for most consumers. But they buy in huge bulk to get their product that cheap. The mom and pop stores do pay a higher price and have to charge a higher price.
No one likes companies doing buybacks during price hikes of their products. She's consistent in that regard. Government guaranteed junk graded debt in 2020 to prevent a domino of bankruptcies, only for many of them to continue juicing their books with cheap loans...to buy back more shares. Doesn't sound right, especially when they'll go on the moral hazard dole yet again if there's a hiccup to the economy.
