Tag Archives: Taxes/regulation

UAW-automakers negotiations pit falling wages against skyrocketing CEO pay: U.S. auto companies have the means to invest in EVs, pay workers a fair share, and still earn healthy profits | Economic Policy Institute, epi.org, Adam S. Hersh. Yet they are not paying Labor it’s overdue fair share of wages. United Auto Workers (UAW) members at the “Big 3” companies of Ford, General Motors (GM), and Stellantis are waiting to strike this week....

Our first new home purchase. I knew we were to have issues and would be working through them. It was new and something we had not had before. Arizona’s Registrar of Contractors says they are seeing an uptick in complaints against new home builders. Residents in Maricopa City is south of Phoenix where state highway 347 leads into the center of town. State Highway 347 is a coarse gravel highway with a speed limit of 65 except nobody obeys the limit...

If I was new to this dilemma, I would believe this is better news than prior announcements. But it is not good news, it is news coming too late for the borrowers holding exaggerated debt due to penalties, consolidation fees, interest, interest on that interest, and rate changes. If this was said a decade ago, it might make sense. It is only now, the Department of Education has caught up with how old some of these loans are today. Why does this...

These people are the lowest of the scum. They were always a shady type of business. There efforts were to target low-income neighborhoods. There actions are to keep their customers victims on a never-ending cycle of dependence through predatory practices. The high-interest rates and fees makes it difficult for borrowers to repay the loan. It results in a cycle of debt. Accordingly, and more recent, states have banned the practice of payday loans....

Has trade for materials, components, and product shifted away from China to be used in the U.S.? Maybe, maybe not, and maybe later. If you are going to manufacture in the US, you have to have the capability. It make take a bit to get up and ready. If we are buying product, etc. from Vietnam and Mexico, I would be planning a trip to each plant to see what the capabilities are. This is standard sourcing procedure. What is the capacity, conditions of...

Two completely different cultures trying to understand one another. I have worked for Japanese, Korean, and German management. How the Japanese and Koreans addressed me was far different than how they address the workers of their descent. The Germans were far more open than the other two cultures. Overhead Costs; TSMC may not be burdened by the same overhead costs which are included in US Labor’s pay. This is one reason they may wish to bring...

Successful industrialists financial Wall Street bankers whose business practices were often are considered ruthless and unethical, capturing portions of the market, and bleeding it dry. Not much left of the hollowed-out companies other than a name and the empty buildings they once occupied. Good commentary on Simon and Schuster being bought by KKR. Is Robber Barrons still a term in use? How private equity is destroying the labors of love,...

Downsizing was the way to go as we got older and are kid free. Doing so had nothing to do with maintaining our larger house (2600 sq. feet) sitting on over 1/2 acre. I kind of liked maintaining it. It got me outside. In the new community, we are on a city-sized lot and ~1500 square feet of house living space. The only issue is the HOA and those critters cost money. They are hired by the developer and are paid out of our funds. Right now, the...

Downsizing was the way to go as we got older and are kid free. Doing so had nothing to do with maintaining our larger house (2600 sq. feet) sitting on over 1/2 acre. I kind of liked maintaining it. It got me outside. In the new community, we are on a city-sized lot and ~1500 square feet of house living space. The only issue is the HOA and those critters cost money. They are hired by the developer and are paid out of our funds. Right now, the...

Typically, what happens with these types of regulations is delay for another 2 to five years before becoming active. This may occur. The other likelihood being the automakers going to court suing for a delay or a ruling on constitutionality. SCOTUS could again decide Congress can only make regulations and this capability was not delegated properly or can not be delegated to the NHTSA. One example: “Tip Regulations under the Fair Labor Standards...