Let's Go, Brandon!

[abbey1227]

Nov 17, 2022 14:13:42 GMT merh said:

In February 2013, Heinz agreed to be purchased by Berkshire Hathaway and the Brazilian investment firm 3G Capital for $23 billion. On March 25, 2015, Kraft announced its merger with Heinz, arranged by Berkshire Hathaway and 3G Capital. The resulting Kraft Heinz Company is the fifth largest food company in the world. Berkshire Hathaway became a majority owner of Heinz on June 18, 2015. After exercising a warrant to acquire 46 million shares of common stock for a total price of over $461 million, Berkshire increased its stake to 52.5%. The merger to form Kraft Heinz was completed on July 2, 2015.

It would appear Warren Buffett owns it.

I remember the feminists I used to argue with freaking out about how few corporations owned almost everything.  UNILEVER!! heheheheh

I love me some Heinz ketchup

And Warren Buffet has made some stockholders a ton of money........evil man that he is, right? 

[merh]

Nov 17, 2022 14:16:51 GMT abbey1227 said:

Nov 17, 2022 14:13:42 GMT merh said:

It would appear Warren Buffett owns it.

I remember the feminists I used to argue with freaking out about how few corporations owned almost everything.  UNILEVER!! heheheheh

I love me some Heinz ketchup

And Warren Buffet has made some stockholders a ton of money........evil man that he is, right? 

3G Capital is a Brazilian-American multibillion-dollar investment firm, founded in 2004 by Alex Behring, Jorge Paulo Lemann, Carlos Alberto Sicupira, Marcel Herrmann Telles and Roberto Thompson Motta

The firm is best known for implementing zero-based budgeting at its portfolio companies: Anheuser-Busch InBev, Restaurant Brands International (Burger King, Tim Hortons, and Popeyes Louisiana Kitchen), Kraft Heinz as well as partnering with Berkshire Hathaway for its acquisitions

Zero-based budgeting (ZBB) is a budgeting method where all expenses must be justified and approved in each new budget period. Developed by Peter Pyhrr in the 1970s, the organisation's needs and costs are analysed by starting from a "zero base" (i.e., no funding allocation) at the beginning of every period. The claimed advantage is a more efficient use of resources, to determine if services can be achieved at a lower cost. However, this putative saving comes at the cost of a complete restructure every budget cycle, which carries associated costs. Although used at least partially in both government and the private sector, there is some doubt whether ZBB has ever been utilized to its fullest extent in any organisation

Profits!

[abbey1227]

Nov 18, 2022 15:04:17 GMT merh said:

Nov 17, 2022 14:16:51 GMT abbey1227 said:

I remember the feminists I used to argue with freaking out about how few corporations owned almost everything.  UNILEVER!! heheheheh

I love me some Heinz ketchup

And Warren Buffet has made some stockholders a ton of money........evil man that he is, right? 

3G Capital is a Brazilian-American multibillion-dollar investment firm, founded in 2004 by Alex Behring, Jorge Paulo Lemann, Carlos Alberto Sicupira, Marcel Herrmann Telles and Roberto Thompson Motta

The firm is best known for implementing zero-based budgeting at its portfolio companies: Anheuser-Busch InBev, Restaurant Brands International (Burger King, Tim Hortons, and Popeyes Louisiana Kitchen), Kraft Heinz as well as partnering with Berkshire Hathaway for its acquisitions

Zero-based budgeting (ZBB) is a budgeting method where all expenses must be justified and approved in each new budget period. Developed by Peter Pyhrr in the 1970s, the organisation's needs and costs are analysed by starting from a "zero base" (i.e., no funding allocation) at the beginning of every period. The claimed advantage is a more efficient use of resources, to determine if services can be achieved at a lower cost. However, this putative saving comes at the cost of a complete restructure every budget cycle, which carries associated costs. Although used at least partially in both government and the private sector, there is some doubt whether ZBB has ever been utilized to its fullest extent in any organisation

Profits!

Imagine a Govt run like that   

[merh]

Yahoo Money
Housing: Pandemic boomtowns show the highest inflation rates
Gabriella Cruz-Martinez
Mon, November 21, 2022 at 9:28 AM
CPI: Food at home prices rise 0.4% in OctoberScroll back up to restore default view.
As homebuyers flocked to more affordable cities during the pandemic, their arrival helped to drive up prices for goods and services in their new hometowns.

Some of the hottest pandemic boomtowns — Phoenix, Atlanta, Tampa, Fla., and Miami — also had the highest inflation rates in the third quarter, according to Redfin data of 21 metros. All four registered double-digit rates versus the 8.3% national average for the period.

The spike in prices adds yet another hurdle for locals who have been priced out of the housing market by many out-of-state newcomers.

“People who are leaving an expensive area like the Bay Area and are going to a more affordable area like Las Vegas, they're coming in with a lot of money and high salaries,” Daryl Fairweather, chief economist at Redfin, told Yahoo Money. “This makes them pretty able to compete against the locals who don't have those same resources.”

“The housing market being softer is probably giving them even more of an advantage,” she added, “but they already had the upper hand over locals.”

Phoenix took the lead in the third quarter, with an average 13% year-over-year inflation rate, the highest reading of the metros in the analysis and up from 11.3% in the previous quarter. Redfin’s latest migration data showed that Phoenix ranked as the sixth most popular destination for Redfin users looking to relocate from one metro to another.

Atlanta, the 15th most popular destination for out-of-state homebuyers, had the second-highest inflation rate at 11.7%, up from 10.9% in the second quarter. Tampa – the fifth most popular metro area among relocaters – had the third-highest inflation reading at 10.9%. Miami, which ranked as the second-hottest relocation area, had the fourth-highest inflation rate at 10.7%.

“Americans left pricey coastal job centers and moved to more affordable places in the Sun Belt, but now those more affordable places are seeing affordability erode faster than anywhere else in the country,” said Redfin Deputy Chief Economist Taylor Marr in a news statement. “Some of these areas may lose their titles as top migration destinations in 2023 as a result.”

Out-of-town homebuyers are contributing to an increase in inflation across the country. The inflation rate in Phoenix is more than double the rate in the Bay Area, which is experiencing an outflow of residents. 

Prices didn’t jump as much in metros experiencing an exodus of homebuyers, according to Redfin.

San Francisco, which ranked as the top metro area homebuyers were leaving, had the lowest inflation rate across all metros at 5.7%. New York, which was the metro area with the second-highest out-migration, also had the second-lowest inflation rate at 6.4%.

A record 24.2% of homebuyers were interested in relocating from one metro to another in the third quarter, according to Redfin, up from 23.3% in the second quarter, 21.6% a year ago and 18% before the pandemic.

Sacramento took the lead as the most popular migration destination in the third quarter, followed by Miami, Las Vegas, San Diego, and Tampa. Phoenix, Ariz.; Cape Coral, Fla.; North Port-Sarasota, Fla.; Dallas; and Portland, Maine, rounded out the top 10.

“Remote work is enabling people to move to places that are more affordable where they have more disposable income,” Fairweather said. “The labor market is still quite strong, with new jobs being added to the economy. So people feel pretty good about leaving behind a job center like New York and moving to a new location.”

People shop for bread at a supermarket in Monterey Park, California on October 19, 2022. Food prices in October rose 12.4% over last year, according to data released by the US government, as inflation raises prices to its highest levels in decades. 

But the migration pattern has caused a sharp increase in housing prices in addition to the increase in goods and services.

For instance, Redfin data showed that home prices in Miami rose 24.5% year over year as of September, for an average of $530,000. Still, those prices were significantly lower than those listed in New York – where out-of-staters were most likely to hail from. As of September, the median sales price in New York was $803,880.

The phenomenon has strained housing affordability across the U.S., said Fairweather.

“Housing affordability was only a problem for coastal cities and now it's spreading all across the country,” Fairweather said. “For example, Austin went up in price a lot and then locals got priced out and started moving to San Antonio. San Antonio became one of the most competitive areas, so it just keeps rippling out to the more affordable places.”

[abbey1227]

Nov 22, 2022 9:05:32 GMT merh said:

Yahoo Money
Housing: Pandemic boomtowns show the highest inflation rates

Prices didn’t jump as much in metros experiencing an exodus of homebuyers, according to Redfin.

San Francisco, which ranked as the top metro area homebuyers were leaving, had the lowest inflation rate across all metros at 5.7%. New York, which was the metro area with the second-highest out-migration, also had the second-lowest inflation rate at 6.4%.

you mean the age olde adage about Supply/Demand still hold true?

So getting rid of millions of Illegals might actually make rental prices go down, or at least stop rising? And wages might just continue to go up with fewer available applicants?

[abbey1227]

Nov 22, 2022 9:05:32 GMT merh said:

Yahoo Money
Housing: Pandemic boomtowns show the highest inflation rates

Ideas
The U.S. Needs More Housing Than Almost Anyone Can Imagine

For Americans to live a productive, prosperous, happy life, homes need to be truly abundant.
By Annie Lowrey

[merh]

Nov 22, 2022 10:13:07 GMT abbey1227 said:

Nov 22, 2022 9:05:32 GMT merh said:

Ideas
The U.S. Needs More Housing Than Almost Anyone Can Imagine

For Americans to live a productive, prosperous, happy life, homes need to be truly abundant.
By Annie Lowrey

We've had decades of people like Chappelle saying "Not In My Backyard!"

[abbey1227]

Nov 23, 2022 0:56:21 GMT merh said:

Nov 22, 2022 10:13:07 GMT abbey1227 said:

Ideas
The U.S. Needs More Housing Than Almost Anyone Can Imagine

For Americans to live a productive, prosperous, happy life, homes need to be truly abundant.
By Annie Lowrey

We've had decades of people like Chappelle saying "Not In My Backyard!"

We've also had how many decades of Govt buying up and setting aside property? Easy solution.

[merh]

Wow.
Gas was $4.69 today in Chula Vista.

[merh]

[abbey1227]

Nov 30, 2022 16:16:11 GMT merh said:

We're back in the 2s!?   Yay?         Clown show

Battle inflation? That'd mean cutting Govt and it's spending and printing. The GOP has no interest in that.......the Dems even less so.