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ABF | It has to be so, cause RB says so

Razorblade

Well-Known Member
You responded to posts from 12/7 & 12/8 of last year. Way to stay on top of things….
Sorry, it's hard to keep up with every post when I'm in Yorkshire. Check it out. You might enjoy it there. I was there with extended family. It's much nicer, but more expensive, in the summer tourist season. Grantley Hall is the hotel. It's a bit far but there are flights from Manchester to London if you want to do the tourist thing. All of England is beautiful. You should avoid Scotland, to many nasty little flying bugs.
 

Steward of the Rock

Well-Known Member
The government did not kill trucking companies. Competition, capitalism, the free market killed trucking companies. Removing socialist government control of transportation killed trucking companies AND gave birth to many more trucking companies and many more good jobs.
You know full well that before deregulation, freight companies had to pay for operating authority to operate in certain areas. After deregulation, all the new, start up freight companies could just jump right in at no cost and operate in any area. This cost burden put a great deal of former freight companies out of business due to that cost disadvantage brought on by deregulation. When all of these companies went out of business, they no longer paid into these multi-employer pension funds. That is how we ended up having all of these underfunded pension funds. So yes, the government did have a hand in the underfunding of these pension plans when they deregulated the industry. You know this, but I am sure you will try to spin it a different way.
 

ABF381

Well-Known Member
Staff member
Super Moderator
Premium
Sorry, it's hard to keep up with every post when I'm in Yorkshire. Check it out. You might enjoy it there. I was there with extended family. It's much nicer, but more expensive, in the summer tourist season. Grantley Hall is the hotel. It's a bit far but there are flights from Manchester to London if you want to do the tourist thing. All of England is beautiful. You should avoid Scotland, to many nasty little flying bugs.
I'm sure the good people of Yorkshire are complaining about a certain pest right now themselves....
 

Steward of the Rock

Well-Known Member
Sorry, it's hard to keep up with every post when I'm in Yorkshire. Check it out. You might enjoy it there. I was there with extended family. It's much nicer, but more expensive, in the summer tourist season. Grantley Hall is the hotel. It's a bit far but there are flights from Manchester to London if you want to do the tourist thing. All of England is beautiful. You should avoid Scotland, to many nasty little flying bugs.
It’s a shame you did not like it enough to stay there for good.
 

seabreeze

Not Well Known Member, 63 Year Teamster Member
Premium
Sorry, it's hard to keep up with every post when I'm in Yorkshire. Check it out. You might enjoy it there. I was there with extended family. It's much nicer, but more expensive, in the summer tourist season. Grantley Hall is the hotel. It's a bit far but there are flights from Manchester to London if you want to do the tourist thing. All of England is beautiful. You should avoid Scotland, to many nasty little flying bugs.
All of us can't afford luxury like you rich folks.
I probably had more free sightseeing time over there than you, (thanks to your tax dollars)
To be honest, I never cared much for a place that has its steering wheels on the wrong side.
 

hangbelly

Active Member
Sorry, it's hard to keep up with every post when I'm in Yorkshire. Check it out. You might enjoy it there. I was there with extended family. It's much nicer, but more expensive, in the summer tourist season. Grantley Hall is the hotel. It's a bit far but there are flights from Manchester to London if you want to do the tourist thing. All of England is beautiful. You should avoid Scotland, to many nasty little flying bugs.
WOW! who would have thought you would be extolling the magnificence of such a state-run socialist quagmire as England. Are you British nobility, by chance?
 

hangbelly

Active Member
You know full well that before deregulation, freight companies had to pay for operating authority to operate in certain areas. After deregulation, all the new, start up freight companies could just jump right in at no cost and operate in any area. This cost burden put a great deal of former freight companies out of business due to that cost disadvantage brought on by deregulation. When all of these companies went out of business, they no longer paid into these multi-employer pension funds. That is how we ended up having all of these underfunded pension funds. So yes, the government did have a hand in the underfunding of these pension plans when they deregulated the industry. You know this, but I am sure you will try to spin it a different way.
Of course he knows this, he just chooses to ignore this truth and bloviate about unions. But thank you for rubbing his nose in it....
 

Razorblade

Well-Known Member
UNSOLICITED ADVICE

2020 and 2021 have been very profitable for investors. 2022 will not be.
Some form of the Biden bill will pass sending the economy into a death spiral.
Inflation will continue wiping out any wage increases. Consumer spending will fall because after paying necessary expenses there will be less discretionary income.
The price of crude oil will go above $100 a barrel.
Corporate profits will fall. Some companies will fail. Jobs will be lost.
The Federal Reserve will raise interest rates and decrease the money supply to counter out of control inflation.
Russia will use natural gas supplies as a weapon against Europe.
China and Korea will become more aggressive.
Covid cases will surge in the undeveloped nations and among the unvaccinated.
The second quarter of 2022 will be the start of a worldwide recession.
I posted this on November 21, 2021 (post #99). We are less than two months into 2022.

2020 and 2021 have been very profitable for investors. 2022 will not be.
Markets down 12-15% Check

Inflation will continue wiping out wage increases. Check

Discretionary consumer spending will fall. Check

The price of crude oil will exceed $100.00 a barrel. Check

The Federal Reserve will raise interest rates.
Fed announced at least three rate increases. Check

Russia will use natural gas supplies as a weapon against Europe. Check

China and Korea will become more aggressive.
More than a dozen North Korean missile tests so far this year. Check

Ten months to go. More updates to follow. Yes, it has to be so, cause RB says so.
 

ABF381

Well-Known Member
Staff member
Super Moderator
Premium
I posted this on November 21, 2021 (post #99). We are less than two months into 2022.

2020 and 2021 have been very profitable for investors. 2022 will not be.
Markets down 12-15% Check

Inflation will continue wiping out wage increases. Check

Discretionary consumer spending will fall. Check

The price of crude oil will exceed $100.00 a barrel. Check

The Federal Reserve will raise interest rates.
Fed announced at least three rate increases. Check

Russia will use natural gas supplies as a weapon against Europe. Check

China and Korea will become more aggressive.
More than a dozen North Korean missile tests so far this year. Check

Ten months to go. More updates to follow. Yes, it has to be so, cause RB says so.
Unsolicited advice. Check
 

Steward of the Rock

Well-Known Member
I posted this on November 21, 2021 (post #99). We are less than two months into 2022.

2020 and 2021 have been very profitable for investors. 2022 will not be.
Markets down 12-15% Check

Inflation will continue wiping out wage increases. Check

Discretionary consumer spending will fall. Check

The price of crude oil will exceed $100.00 a barrel. Check

The Federal Reserve will raise interest rates.
Fed announced at least three rate increases. Check

Russia will use natural gas supplies as a weapon against Europe. Check

China and Korea will become more aggressive.
More than a dozen North Korean missile tests so far this year. Check

Ten months to go. More updates to follow. Yes, it has to be so, cause RB says so.
Any other earth shattering predictions there Nostradomass??
 
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