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Posted
  On 3/21/2025 at 3:43 PM, tx 3 putt said:

trump economics - you can finance that door dash order 

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You joke, but yesterday they did announced a Buy Now Pay Later (BNPL) with the leader Klarna:

https://thehill.com/policy/technology/5205786-doordash-klarna-sign-deal-for-deferred-installment-food-delivery-payments/

DoorDash and Klarna, a company that offers “buy now, pay later” programs, have come together on a deal for deferred and installment food delivery payments.

“In the coming months, DoorDash customers will be able to enjoy Klarna’s seamless range of payment options when purchasing groceries, retail, and even DashPass Annual Plan – on DoorDash.com or through the DoorDash app,” according to a webpage on the deal on Klarna’s website.

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Posted
  On 3/21/2025 at 4:11 PM, Vegas64 said:

You joke, but yesterday they did announced a Buy Now Pay Later (BNPL) with the leader Klarna:

https://thehill.com/policy/technology/5205786-doordash-klarna-sign-deal-for-deferred-installment-food-delivery-payments/

DoorDash and Klarna, a company that offers “buy now, pay later” programs, have come together on a deal for deferred and installment food delivery payments.

“In the coming months, DoorDash customers will be able to enjoy Klarna’s seamless range of payment options when purchasing groceries, retail, and even DashPass Annual Plan – on DoorDash.com or through the DoorDash app,” according to a webpage on the deal on Klarna’s website.

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Sweet. They allow you to spread payments over 36 months for rates between 8 and 34%. My Chipotle lunch today will be paid off by 2028.

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Posted
  On 3/21/2025 at 4:17 PM, Nice Guy Eddie said:

Sweet. They allow you to spread payments over 36 months for rates between 8 and 34%. My Chipotle lunch today will be paid off by 2028.

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It's so stupid and breaks my brain to think about anyone wanting to use this. 

But obviously there is a market for it or they wouldn't have rolled it out. Which makes me weep for our future that Gen Z have been so conditioned to order processed foods at 3x the price because they don't want to leave the house. 

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Posted
  On 3/21/2025 at 4:20 PM, Vegas64 said:

It's so stupid and breaks my brain to think about anyone wanting to use this. 

But obviously there is a market for it or they wouldn't have rolled it out. Which makes me weep for our future that Gen Z have been so conditioned to order processed foods at 3x the price because they don't want to leave the house. 

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wall-e-what-do-you-want-to-do.gif

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Posted (edited)
  On 3/21/2025 at 3:43 PM, tx 3 putt said:

trump economics - you can finance that door dash order 

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"They're called Chimichanga Default Swaps"

 

IMG_3509.jpeg

 

 

 

 

"Collateralized Burrito Obligations"

 

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Edited by tx 3 putt
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Posted
  On 3/21/2025 at 8:31 PM, David Dennison said:

Breaking stuff to get credit for fixing it is brilliant.

It also is proof positive that they know how stupid most Americans are.

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Undoubtedly.

One polyannaish hope I have for this shit is, assuming we recover and elect a sane candidate again, someone who understands government and the United States will have to rebuild things.

And hopefully we can build it back better, faster, stronger. /six million dollar man

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Posted
  On 3/21/2025 at 8:31 PM, David Dennison said:

Breaking stuff to get credit for fixing it is brilliant.

It's also proof positive that they know how stupid most Americans are.

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That's the whole reason they spiked the border bill in 2024. Can't call for martial law when the border is being handled

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Posted
  On 3/21/2025 at 9:17 PM, Biff Tannen said:
I thought there was going to be more of a plan this time around. A horrible plan, but a plan nonetheless. Nope. It’s somehow all even dumber than the last time. 

I don’t know man. “Burn America to the ground and give anything left to billionaires” seems to be off to a good start.
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Posted
  On 3/21/2025 at 7:33 PM, tx 3 putt said:

so much winning .....

 

IMG_3508.jpeg

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I VOTED FOR TRUMP BECAUSE I BELIEVE IN FISCAL RESPONSIBILITY!

(Cheers firehose spilling billions and billions of taxpayer dollars directly to farmers to pay for the damage the regime's idiotic policies are causing).

Irony is fucking dead.

  On 3/21/2025 at 9:48 PM, Red Five said:


I don’t know man. “Burn America to the ground and give anything left to billionaires” seems to be off to a good start.

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Yep, all on track.  Clearly, whatever our problems might have been, the solution is "end democracy, make the poor and middle class suffer, and install an oligarchy."  Don't understand why we didn't try that earlier.

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Posted
  On 3/21/2025 at 10:46 PM, Pato del Muerto said:

So if I understand the plight of the farmer:

costs go up they get free money even crop proces go up. 
 

prices tank, they get free money even if costs drop accordingly. 
 

bad crop year?  Free money. 
 

good crop year?  Still free money but yay bumper crop!
 

and they’re mostly all against socialist freeloading policies. 

Simplified, but how far off?

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In one, as the Brits say.

Posted
  On 3/21/2025 at 10:46 PM, Pato del Muerto said:

So if I understand the plight of the farmer:

costs go up they get free money even if crop prices go up. 
 

prices tank, they get free money even if costs drop accordingly. 
 

bad crop year?  Free money. 
 

good crop year?  Still free money but yay bumper crop!
 

and they’re mostly all against socialist freeloading policies. 

Simplified, but how far off?

Expand  

I think what you are missing is that the concept of a "farmer" is way different in reality than what we grew up thinking. The Iowa State guy can share, but like 80% of farms are owned by massive corporations at this point. They are high-tech, software-driven, autonomous drones and tractors and irrigation systems that rely on a handful of whitecollar tech-enabled guys and an army of Guatamalans doing grunt work for $.17 on the dollar.

The small farms who aren't attractive enough to have already been bought out by big farms struggle to make a middle class living doing yeoman's work. 

It's truly a tragedy what's happened to farms/the farmer. But hey, PROGRESS!!!!1111

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Posted
  On 3/21/2025 at 11:15 PM, Vegas64 said:

I think what you are missing is that the concept of a "farmer" is way different in reality than what we grew up thinking. The Iowa State guy can share, but like 80% of farms are owned by massive corporations at this point. They are high-tech, software-driven, autonomous drones and tractors and irrigation systems that rely on a handful of whitecollar tech-enabled guys and an army of Guatamalans doing grunt work for $.17 on the dollar.

The small farms who aren't attractive enough to have already been bought out by big farms struggle to make a middle class living doing yeoman's work. 

It's truly a tragedy what's happened to farms/the farmer. But hey, PROGRESS!!!!1111

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Not true, ackshually.

960x0.jpg?format=jpg&width=1440

Also:

960x0.jpg?format=jpg&width=1440

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Posted
  On 3/21/2025 at 11:22 PM, TwiceHorn said:

Not true, ackshually.

960x0.jpg?format=jpg&width=1440

Also:

960x0.jpg?format=jpg&width=1440

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I don't know. You are using land ownership as the metric to identify, but I don't think USDA does:

  Quote

88 percent of American farms are classified as “small” by the USDA. You’d be forgiven for thinking “small” refers to acreage, but it actually means that the farm’s annual gross revenue does not exceed $350,000. Despite comprising the majority of farms, small farms account for only about 5 percent of net farm income in the country, while “large” farms – those grossing over $1 million annually – account for 56 percent of net farm income.

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https://modernfarmer.com/2018/06/by-the-numbers-state-of-the-independent-farmer/

Posted (edited)

@TwiceHorn Further, semantically, it sounds like the term "Industrial" farm doesn't mean owned by corporations or trusts or non-operating land owners, but that it refers to the massive private family held farms:

  Quote

 

It's crucial to understand that while these large-scale farms contribute significantly to farm revenue, they are predominantly family-owned and operated. In fact, 96% of U.S. farms are family-owned, including many of the largest operations.

Industrial agriculture and farm consolidation have led to an increase in the average farm size and a decrease in the total number of farms. However, this trend doesn't necessarily equate to corporate takeover. The agricultural landscape in the U.S. remains dominated by family farms of various sizes, from small to very large operations.

 

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https://www.fb.org/newsroom/fast-facts

Edited by Vegas64
Posted (edited)
  On 3/21/2025 at 11:33 PM, Vegas64 said:

@TwiceHorn Further, semantically, it sounds like the term "Industrial" farm doesn't mean owned by corporations or trusts or non-operating land owners, but that it refers to the massive private family held farms:

https://www.fb.org/newsroom/fast-facts

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Yeah I think your fundamental point that they are sophisticated business operations remains.  And we probably shouldn't think of Farmer Brown and Elsa, Babe and so forth when we think of farms.

Somewhere years ago I had come to the same belief that it was all ConAgra and ADM and all them.  And I usually don't make stuff up out of the whole cloth.  Maybe at one time they were renting and operating a lot of farmland.

Edited by TwiceHorn
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Posted
  On 3/21/2025 at 10:46 PM, Pato del Muerto said:

So if I understand the plight of the farmer:

costs go up they get free money even if crop prices go up. 
 

prices tank, they get free money even if costs drop accordingly. 
 

bad crop year?  Free money. 
 

good crop year?  Still free money but yay bumper crop!
 

and they’re mostly all against socialist freeloading policies. 

Simplified, but how far off?

Expand  

hmmm i'm starting to think my niece becoming a farmer bc her plans to serve her country in the NPS/USFS/BLM got blown up might not be such a bad career move 🤔

Posted
  On 3/21/2025 at 11:56 PM, TwiceHorn said:

Yeah I think your fundamental point that they are sophisticated business operations remains.  And we probably shouldn't think of Farmer Brown and Elsa, Babe and so forth when we think of farms.

Somewhere years ago I had come to the same belief that it was all ConAgra and ADM and all them.  And I usually don't make stuff up out of the whole cloth.  Maybe at one time they were renting and operating a lot of farmland.

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Have you ever seen Food Inc?  Came out almost 20 years ago now. Monsanto was strong arming family farms into selling even back then. Big Ag is fucking awful. 

Posted
  On 3/21/2025 at 10:49 PM, Horn Dog said:

IMG_9658.thumb.jpeg.a700deaecf4d1d0aacb61990eb9f892e.jpeg

Cubans deserve all the Leopards possible.

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I don’t know, Donnie, there are a whole lot of old Cubans who might’ve been trained by the CIA back in the day. But think how popular you will be in Florida when you get rid of all the Cubans.  If we ever have an election in 2026, I mean.

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Posted (edited)
  On 3/22/2025 at 3:32 AM, Biff Tannen said:

Have you ever seen Food Inc?  Came out almost 20 years ago now. Monsanto was strong arming family farms into selling even back then. Big Ag is fucking awful. 

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If not that something like it. Monsanto I don't think has ever owned significant farm property. Their main deal is roundup and GMO seed. 

I am, however, extremely familiar with U North's culcitate. 

Edited by TwiceHorn
Posted (edited)
  On 3/22/2025 at 4:08 AM, TwiceHorn said:

If not that something like it. Monsanto I don't think has ever owned significant farm property. Their main deal is roundup and GMO seed. 

I am, however, extremely familiar with U North's culcitate. 

Expand  

image.gif.1afb6524fdd1dd9b406893cb33ec8cc0.gif

Edited by sasquatch69
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Posted
  On 3/21/2025 at 9:52 PM, Brisketexan said:

I VOTED FOR TRUMP BECAUSE I BELIEVE IN FISCAL RESPONSIBILITY!

(Cheers firehose spilling billions and billions of taxpayer dollars directly to farmers to pay for the damage the regime's idiotic policies are causing).

Irony is fucking dead.

Yep, all on track.  Clearly, whatever our problems might have been, the solution is "end democracy, make the poor and middle class suffer, and install an oligarchy."  Don't understand why we didn't try that earlier.

Expand  

@Anastasis approved. 

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Posted
  On 3/21/2025 at 4:11 PM, Vegas64 said:

You joke, but yesterday they did announced a Buy Now Pay Later (BNPL) with the leader Klarna:

https://thehill.com/policy/technology/5205786-doordash-klarna-sign-deal-for-deferred-installment-food-delivery-payments/

DoorDash and Klarna, a company that offers “buy now, pay later” programs, have come together on a deal for deferred and installment food delivery payments.

“In the coming months, DoorDash customers will be able to enjoy Klarna’s seamless range of payment options when purchasing groceries, retail, and even DashPass Annual Plan – on DoorDash.com or through the DoorDash app,” according to a webpage on the deal on Klarna’s website.

Expand  

… it’s not worse than the same purchase on a credit card I guess.

Posted
  On 3/22/2025 at 9:24 PM, Bozo_Casanova said:

… it’s not worse than the same purchase on a credit card I guess.

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They don't charge interest, but they do have an origination fee. So like a $3 fee to split it. 

I imagine there has to be a minimum dollar limit of $50 or $75 to use it. Kind of crazy

Posted

Until just now, I hadn't yet heard the copium for Wall Street, Mar-a-Lago Accord theory. Someone ping me if they see someone start posting something similar over on the Business & Markets board.

The Wild Trump Theory Making the Rounds on Wall Street
QAnon for tariffs

To the untrained eye, Donald Trump’s tariff policy over the past two months has looked like an incoherent, inconsistent, self-destructive mess. But have you considered the possibility that it is, in fact, the first step of a carefully orchestrated master plan to revive American manufacturing, reduce the national debt, reconfigure the international-alliance system, and deliver the greatest geopolitical deal of the century?

That is the thrust of a new theory that has been gaining currency in Washington, on Wall Street, and in the financial press. The grand bargain that Trump is supposedly planning to strike has even been given a name: the Mar-a-Lago Accord.

The outline of the theory was first articulated not in a MAGA subreddit, but in a November paper by Stephen Miran, an economist who now chairs Trump’s Council of Economic Advisers. Many of the theory’s basic tenets have also been endorsed by Treasury Secretary Scott Bessent. In its telling, Trump’s flurry of new trade barriers isn’t intended to achieve a particular strategic concession or short-term economic benefit. The goal is instead to force other countries to the table for a grand bargain. Claims that the tariffs are about fentanyl trafficking or illegal migration are simply a decoy, and their seemingly shambolic implementation is just a way to keep the rest of the world suspended in a state of shock and awe. Sure, there might be some bumps along the way, as consumers and businesses scramble to adjust to the new restrictions; the ensuing tumult might even trigger a global recession. But that’s by design. The more Trump can portray himself as a madman willing to tank the world economy, the more fearful and desperate other countries will become for any kind of reprieve.

Once foreign leaders are practically begging for an end to tariff-induced madness, Trump will summon them to his Florida compound, where he will outline a series of demands. First, America’s trading partners must engage in a coordinated effort to raise the value of their own currencies relative to the dollar, a move designed to make American goods cheaper to sell abroad. Countries that have large trade surpluses with the United States, such as Germany and China, may also be required to make major investments to build factories in the American heartland. Foreign central banks will agree to swap their existing holdings of U.S. debt with “century bonds” that don’t pay any interest for 100 years, in effect providing free financing to the United States. Countries that comply will be given relief from tariffs alongside a guarantee of military protection; countries that refuse will be faced with even steeper tariffs and no military support.

These hypothetical provisions tie together two of Trump’s longtime preoccupations: the scourge of the strong dollar and the free-riding of America’s allies. Because of high demand for the world’s global reserve currency, the U.S. dollar tends to be more expensive than it otherwise would be. This in turn makes American exports more expensive, putting American companies at a disadvantage. In Trump’s mind, this dynamic is wholly the result of foreign governments’ currency manipulation and is largely responsible for the decline of American industry. Trump also believes that those same governments refuse to pay their fair share in defense spending, forcing the U.S. to overspend to protect its allies—a project that has driven the national debt to unsustainable levels.

Trump’s grand bargain is designed to put an end to all of that. A weaker dollar will restore America’s manufacturing greatness. An influx of foreign investment will supercharge the U.S. economy. Interest-free financing will help tame the national debt and spread the responsibility of funding global security. Clearly drawn lines between America’s allies and its adversaries will usher in global stability. “Such an architecture would mark a shift in global markets as big as Bretton Woods or its end,” Miran writes, referencing the 1944 agreement that birthed the modern trade regime and the 1971 decision to move the world off the gold standard. The Mar-a-Lago Accord will enter the annals of history as the deal of the century.

cont'd:

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