That union was broken too, Kroger basically runs it with the illusion it's for the workers (just look at r/Kroger).

The place my dad worked (Stop and Shop) was broken in 2005. Not to say it was broken up, but it stopped rallying for its workers by leaving the AFL-CIO. As soon as that happened, Stop and Shop removed pensions and cut wages down to what we see them today. My dad was actually forced out because he was making more than the now suddenly required college educated managers. They put him in about 7 or 8 different stores over 3 years until he stayed at one just over a year, hurt himself on a freezer door they refused to fix that needed to be opened with a crowbar, the union sued and he retired.

Unionized labor makes on average 25% more than non-unionized.

I believe you are correct, I agree now is not the time for insurance companies to be running.

But MET is down nearly 25% in a month while others like AFL are only down about 7%. Seems overdone to me, no insider selling either, I'm not sure what to make of it.

Historically, this is actually incorrect.

Low payed “unskilled” labor was the bastion of the labor movement until the 30s. They are the people who need unions the most. You can thank the AFL and the CIO for the idea that only skilled labor can have a union.

This was a divide that occurred during the 30s as the union movement became split between liberals and communists/anarchists. The communists and anarchists were having large success in the unskilled trades and threatening the power of the AFL and CIO. Then the AFL and CIO purged it’s ranks of all communists and anarchists.

Nee. Afl. Cci are good buys

ON semi, Deere and AFL

My bad I read that wrong. I was thinking it was undervalued afl lol

The grain export deal ends in March. Last I heard, Russia said it would be "inappropriate" to extend the deal.

“Without tangible results on the implementation of the Russia-U.N. Memorandum, above all on the real removal of sanctions restrictions on Russian agricultural exports... the extension of the Ukrainian document is inappropriate,”

https://www.reuters.com/article/ukraine-crisis-grain-deal-idAFL8N34T3PC

Not sure if there's been another update since but it's really confusing to me why it's selling off so hard (WAY harder than soy, corn, etc.) leading up to this pivotal moment.

Any of you Yankees watch Aussie Rules AFL?

Collingwood Magpies!

Anyone asks which team I go for in other sports, I always support whichever one seems to be the richest and/or most popular. AKA "the Collingwood of the league".

Chicago Bulls: Collingwood of the NBA Manchester United: Collingwood of the Premier League New York Yankees: Collingwood of the MLB Dallas Cowboys: Collingwood of the NFL

I already said Money Market Fund in my comment.

Well if you bought companies like PEP, AFL, RTX, etc in 2021. You are still up and collecting a good yield on cost.

I've heard rumblings of the annuities industry facing regulation, which could hurt JXN. Something about fiduciary standards.

AFL is interesting, but I'm not sure as they get a large amount of business from Japan. Some investors I appreciate think it's a great long term hold even now.

I wonder if there's still any underpriced insurance companies. AFL has been good to me and has a small PE of a little over 10, but they seemed to have run out of gas this year. They still might be a good buy.

Annuities is another industry that might be the closest equivalent. Jacskson JXN has just been a beast since their spin-off and still has a very low PE. Not much room for growth, but I think it is still undervalued.

Super safe coupled with extreme risk? there is an entire market between the two extremes. Why not look at VYM, VDC, VPU. Or individual stocks like JNJ, JPM, HD, PPG, NUE, EMR, EVRG, AEP, ORI, AFL, GS, SEE, CI. IDK, just throwing out some names of money makers that are safer and won't drop as hard during corrections

COLLINGWOOD....

Basically the New York Yankees or Manchester United of the AFL.

Richest club and we'd win every premiership if the damn salary cap didn't exist.

I bought AFL on March 23, 2001 and am up over 42%. That almost my biggest gain ever.

AFL. High customer and employee satisfaction.

AFL is very underrated. Solid management and capital returns. Love the buybacks.

My biggest gain is CVX at 72%. I don't believe in oil long term, but I was drinking one morning and saw it dip so I bought it. I'm glad I did. I made $6k off of that rum. My second biggest rum gain was AFL at 44%. A close third was PLYM at 43%. They're a great warehouse REIT with good properties. They're not that big, but they're good.

Just to be clear, I'm just some fucking nobody posting on Reddit. This is my thinking for my own portfolio but please don't take this as financial advice and do your own full due diligence. I could be completely wrong.

On AFL and AIG I have no clue. I tend to completely avoid insurance companies because I just don't fully understand the industry and I know you have to look at different metrics when valuing insurance equities. It's just beyond me understanding it so I avoid it. No opinion.

I don't have an opinion about energy companies either. In my view, commodities and energy equities you have to trade. They are not equities that you buy and hold for long periods of time. I tend to avoid trading, it's not my forte, so I haven't done any research on NRP.

Good stuff, enough for me to bail on IBM and AOS. I’m up about %12 on each, so I can be happy with that. I think investing in management is fundamental, so greed and incompetence are always red flags to cut and run.

Any thoughts on AFL and AIG. Timing probably questionable but I like both for diversification and some cover to economic turbulence. Wondering if owning both is appropriate or is there too much overlap in their markets?

Also just started a small position in NRP. Any energy companies you’re invested in?

Thanks for taking the time

Didn’t read but the mega union that every union in America falls under is the AFL-CIO I’m sure they’ve scrambled the jets if it’s gone this far.

Long list but these are my current holdings that have evolved with my portfolio (500k+): AAPL MSFT CSCO TXN QCOM SHW AOS ECL ADM GOLD AFL CME C MCD NKE MRK PG IBM TGT GIS CGM

All of the above stocks pay a decent dividend (CMG doesn’t pay a dividend) with a long history of success and strong balance sheets. Of the above companies only MSFT, TXN, CSCO, C, GOLD currently hold more cash than debt on their balance sheets. I’d say I’m very bullish on these, as well as MCD.

Feedback and thoughts appreciated. I know adding a leader in energy will happen at some point, but will wait for a pullback.

PEP

JNJ

AFL

CI

"General Motors (GM) and Ford (F)
have market caps of $49 and $45 billion respectively. Tesla's market
cap is $396 billion. Let's say Tesla deserves to be worth GM and Ford
combined, for a market cap of $94 billion. That would put TSLA's stock
at 30 a share," Colas says.

https://www.investors.com/etfs-and-funds/sectors/sp500-billion-already-gone-how-low-can-tesla-stock-still-go/?src=A00619&refcode=aflMarketWatch&mod=mw_quote_news_seemore

I started buying individual stocks instead of the index simply because I wasn't comfortable with the weighting of the top 10 holdings in the S&P. Those acronym stocks seemed way overpriced and were somewhere around 25% of the index. Now that they've come back to earth I'm tempted to start buying the index, but I've put so much time into learning about stocks that I'll probably just keep buying individual stocks instead.

I mostly buy big companies when they get cheap and hold. I usually only sell when one gets too big that it's worth more than 10% of my total. As an example, I started buying Aflac AFL every once in a while since 2012. I recently had to sell 25% of my shares because it had grown to more than 10% of my total. Still a great company though.

If you pay attention you can get great companies cheap. Walmart had one bad quarter and dumped hard. I picked up 26 shares at $120. That's just crazy!

Yes. I had a good bit of my portfolio in O&G stocks, and my largest holding(AFL) was up about 23% on the year.

Just a reminder this has been a great year for many value stocks:

- Peabody Energy BTU +184%

- Exxon Mobil XOM +72%

- Cardinal Health CAH +54%

- Applied Industrial Technologies AIH +20%

- Gilead Sciences GILD +19%

- Deere DE +18%

- Aflac AFL +18%

The best part is, unlike with the speculative tech stocks that ran up in recent years, many of the above including the energy stocks are still cheap even with big share price increases, because their earnings have increased dramatically. A lot of good stories out there in healthcare, industrials, mining and pockets of financials, too.

Unions in the US took a deliberately adversarial direction and became controlled by the mob and lawyers. Their objective became to simply monopolize labor fight management for every penny. This was called industrial unionism & it ultimately planted the seeds for their own destruction. Unions in German however focused more on member quality of work & overall health of the organization which was closer to craft unionism. If the US is going to revive labor unions we need to follow the German model and resurrect craft unionism which lost to industrial unionism when the AFL& CIO merged.

Republicans demanding saudi cut oil production to make gas prices higher hadn't taken effect yet.

https://www.reuters.com/article/global-oil-usa-saudi-idAFL2N2BW0RT

I read through your article, and started wondering why I couldn’t recognize any of the economists cited, especially since so many seemed to be outside the US.

Then I finally saw that the economist for AFL-CIO commented. Of COURSE a massive labor union would say that the inflation is simply caused by corporate profits.

Something doesn’t have to be true for there to be an article about it. Basic economic theory would immediately knock down the notion that company profits are the cause of inflation. Tbh it’s kinda crazy you cited a labor union saying inflation isn’t caused by labor wages lmao.

I'm up a little under 5%. I mainly buy large cap dividend stocks but some smaller ones, not a whole lot though. I had good timing selling a portion of my stocks when they become too big a percentage of my portfolio.

The Williams Companies WMB was one of my largest holdings going into this year and it grew to be >10% of my total so I sold half and bought Walmart after it crashed. Amazing luck getting to buy Walmart at $120!

Also used some to buy JPM under $115 which was a gift. Seriously, who sells JPM under $120!

I made a mistake and bought Ross stores ROST before earnings in April and lost, but it's back to green now.

I've had a lot of Aflac AFL stock for years but it got too big and I sold 25% last week. I decided to break from my norm and used half that money on Simulations Plus SLP and the other half on Bond ETFs. I bought ILTB and just to experiment how it works I bought 10 shares of IBTD, plan on using paycheck contributions and dividends from this month to by 10 shares of the next two in the series IBTE and IBTF.

Oh yeah, I'm also adding to my recent losers, mostly Verizon VZ. 7% dividend is just crazy!

I'm almost always 100% invested. Just sell high and buy low, stay away from the stocks everyone loves and pick up some hated oversold bargains and hold for years.

Check out Stockpile. You could open an investment account in your name or could set up as UTMA. Stockpile has individual stocks, ETFs, etc.

Company sponsored Dividend Reinvestment Plans (DRIPs) are a good UTMA option also especially if you go with one without investment or reinvestment fees examples: UNP, DUK, AFL, WEC, AWK just to name a few. They do have selling fees. Some may have a setup fee.

The AFL ruined itself I wouldn’t put that on Trump. The teams and whole idea was a dumpster fire.

I know, but I want more exposure.

Just like how you can own VTI and VOO. Plus other stocks like PEP, AFL, AAPL.

Even though they have those in their holdings and are similar makeup.

A lot of solid companies are up and steady.

AFL, PEP and RTX are some I recommend.

Here are my go to recommendations HOWEVER, MOST ARE OVERVALUED AGAIN SO DO NOT BUY TOMORROW. (EVRG and FE are the only ones not overvalued)

Industrials: HON, CMI, SNA (all overvalued again but buy during the next dip) and WHR

Consumer staples: PG, REYN (overvalued again, same drill as above), K, GIS, ADM

Banks/financials: BAC, COF, JPM (COF doesn't seem as overvalued right now), RY, TD, BNS, BX, BLK

Insurance: ORI, AFL, UNH, CI

REITS: WPC, PLD, DLR, O

Retail: BBY, LOW, HD, TGT (would only touch HD and LOW again when they drop, HD just had a massive runup. Good in general but not this second)

Transport, UNP, UPS, R (R is especially overvalued right now, but buy it when it goes back into the 70s)

It may also be a good time to get into MDT but it's not going to rebound quickly

AMGN if it dips will be a good one to get back into

Looking for a good drill for around the house doing projects. Which of these should I get:

dewalt

milwaukee

With Activision Microsoft would be in maybe the teens (I've heard 13%) and make less money than Sony. Not sure what arguments would hold in court

https://www.reuters.com/article/activision-ma-microsoft-idAFL4N2TY36A

I’m 22 looking to supplement both growth and income.

This is my m1 portfolio at the moment:

ETFs:

6% VTI 2% VXUS 2% BND 6% UPRO 4% TMF 2% SCHD 2% DVY 2% FDVV 2% DGRW 2% VIGI 2% JEPI 2% QYLD 2% DIVO 2% NUSI 2% BXMX 2% SVOL 2% BAR 2% XLRE 2% FV

Stocks: 1% AMD 1% NKE 1% NVDA 1% META 1% CMCSA 1% MA 1% HD 1% BRK.B 1% JPM 1% MSFT 1% PFE 1% COST 1% V 1% ADBE 1% XOM 1% GOOGL 1% AAPL 1% BAC 1% SCHW 1% PEP 1% UNH 1% NFLX 1% DIS 1% AMZN 1% TSLA 1% VFC 1% AFL 1% WBA 1% FRT 1% IBM 1% BEN 1% ATO 1% NEE 1% ED 1% ADP 1% KMB 1% PG 1% LOW 1% WMT 1% O 1% MMM 1% CLX 1% MCD 1% KO 1% AMCR 1% MDT 1% JNJ 1% CVX 1% ABBV 1% PEP

Yes, this is convoluted, but it has outperformed the S&P 500 and the three-fund portfolio.

AFL for me as well.

AFL APD BLK MRK biggest loss is on MPW at -10%

AFL and PEP

I bought in June and September.

Not looking to buy into this rally as I already invested my goal for the year.

Some were good a few (intel) not so good but averaged that one down to around 29$.

09/26/2022 SCHD 300 USD 67.85 $(20,355.48)

09/26/2022 MPW 250 USD 12.1 $(3,025.00)

08/09/2022 INTC 160 USD 34.55 $(5,528.00)

07/18/2022 GOOG 152 USD

09/27/2022 SCHD 100 USD 66.79 $(6,679.11)

09/26/2022 MPW 100 USD 12.11 $(1,210.50)

09/21/2022 SCHD 100 USD 71.09 $(7,108.99)

08/09/2022 BST 100 USD 36.95 $(3,695.00)

08/09/2022 BSTZ 100 USD 21.89 $(2,189.00)

08/09/2022 JEPI 100 USD 57.05 $(5,705.00)

07/08/2022 TD 100 USD 64.09 $(6,409.00)

07/06/2022 SCHD 100 USD 71.4 $(7,139.73)

09/26/2022 CSCO 75 USD 40.84 $(3,062.98)

08/09/2022 BSTZ 69 USD 21.82 $(1,505.58)

09/26/2022 AMAT 54 USD 84.86 $(4,582.21)

09/30/2022 SCHD 50 USD 67.23 $(3,361.44)

09/27/2022 SCHD 50 USD 66.78 $(3,338.86)

09/26/2022 INTC 50 USD 27.02 $(1,351.00)

09/26/2022 JEPI 50 USD 51.83 $(2,591.50)

09/26/2022 SCHD 50 USD 67.21 $(3,360.33)

09/26/2022 SCHD 50 USD 67.52 $(3,376.00)

08/10/2022 INTC 50 USD 34.88 $(1,744.00)

07/27/2022 GRMN 50 USD 94.19 $(4,709.57)

07/20/2022 ITW 50 USD 188.33 $(9,416.50)

07/06/2022 JEPI 50 USD 55.14 $(2,756.81)

07/06/2022 STAG 50 USD 31.27 $(1,563.50)

07/06/2022 TD 40 USD 63.49 $(2,539.56)

09/26/2022 PLD 39 USD 104.89 $(4,090.71)

07/25/2022 STAG 39 USD 31.57 $(1,231.23)

09/26/2022 BX 35 USD 83.5 $(2,922.50)

08/24/2022 AAP 30 USD 179.35 $(5,380.50)

07/25/2022 TROW 30 USD 120.84 $(3,625.20)

07/06/2022 BX 30 USD 94.59 $(2,837.70)

09/26/2022 TD 25 USD 61.37 $(1,534.25)

08/09/2022 IEP 24 USD 53.61 $(1,286.64)

08/09/2022 JEPI 24 USD 57.12 $(1,370.88)

08/09/2022 STAG 22 USD 32.84 $(722.48)

07/08/2022 BX 22 USD 96.19 $(2,116.18)

09/30/2022 SCHD 20 USD 67.22 $(1,344.44)

09/26/2022 AAP 20 USD 158.56 $(3,171.20)

09/26/2022 HD 20 USD 272 $(5,440.00)

09/26/2022 JPM 20 USD 107.26 $(2,145.13)

09/26/2022 UPS 20 USD 160.56 $(3,211.20)

09/26/2022 WM 20 USD 165.29 $(3,305.80)

08/25/2022 INTC 20 USD 34.46 $(689.20)

08/09/2022 GRMN 20 USD 95.52 $(1,910.40)

08/09/2022 INTC 20 USD 34.43 $(688.60)

08/09/2022 TD 20 USD 64.4 $(1,288.00)

08/04/2022 TD 20 USD 64.75 $(1,295.00)

07/25/2022 JEPI 20 USD 56.36 $(1,127.10)

07/25/2022 TD 20 USD 64.53 $(1,290.55)

09/26/2022 CB 17 USD 176.44 $(2,999.48)

09/26/2022 JPM 17 USD 108.45 $(1,843.65)

07/06/2022 TXN 17 USD 150.16 $(2,552.72)

09/26/2022 SCHW 16 USD 71.72 $(1,147.49)

09/26/2022 PRU 15 USD 87.28 $(1,309.26)

09/22/2022 TXN 15 USD 162.71 $(2,440.65)

08/24/2022 JPM 15 USD 114.73 $(1,720.95)

08/10/2022 JEPI 15 USD 57.35 $(860.25)

08/09/2022 JPM 15 USD 115.08 $(1,726.20)

08/09/2022 PRU 15 USD 98.45 $(1,476.75)

07/25/2022 TXN 15 USD 162.86 $(2,442.90)

09/26/2022 AXP 14 USD 139.7 $(1,955.80)

07/25/2022 UPS 13 USD 187.26 $(2,434.40)

09/26/2022 AXP 10 USD 140.33 $(1,403.30)

09/26/2022 LIN 10 USD 268.01 $(2,680.10)

09/26/2022 SNA 10 USD 205.6 $(2,056.00)

09/22/2022 AFL 10 USD 58.97 $(589.70)

09/22/2022 AMAT 10 USD 85.16 $(851.60)

09/22/2022 JPM 10 USD 111.63 $(1,116.30)

08/25/2022 GRMN 10 USD 94.35 $(943.50)

08/24/2022 AAP 10 USD 179.9 $(1,799.00)

08/09/2022 AAP 10 USD 192.73 $(1,927.30)

08/09/2022 DUK 10 USD 109.6 $(1,095.96)

08/04/2022 JPM 10 USD 111.98 $(1,119.80)

08/04/2022 TD 10 USD 64.64 $(646.40)

07/25/2022 BX 10 USD 95.91 $(959.10)

07/25/2022 HD 10 USD 305.32 $(3,053.20)

07/25/2022 ITW 10 USD 190.87 $(1,908.67)

07/25/2022 ITW 10 USD 191.6 $(1,916.00)

07/25/2022 LOW 10 USD 193.92 $(1,939.20)

07/25/2022 TD 10 USD 64.02 $(640.20)

07/25/2022 TD 10 USD 64.55 $(645.50)

07/25/2022 TXRH 10 USD 82.61 $(826.10)

07/20/2022 TD 10 USD 63.53 $(635.27)

07/20/2022 TROW 10 USD 121.28 $(1,212.80)

07/08/2022 TD 10 USD 64.1 $(641.00)

07/08/2022 TXN 10 USD 155.43 $(1,554.25)

07/06/2022 AAP 10 USD 180.81 $(1,808.10)

07/06/2022 GRMN 10 USD 100.05 $(1,000.50)

09/22/2022 HD 8 USD 269.3 $(2,154.40)

08/08/2022 STAG 8 USD 33 $(264.02)

https://www.reuters.com/article/global-oil-usa-saudi-idAFL2N2BW0RT

Tickers of Interest - TL;DR

Gamma Max Cross

• RIG 12/16 4P for $0.35 or less
• CVE 12/16 21P for $1.45 or less
• AFL 12/16 65P for $1.60 or less
• FLEX 12/16 18P for $0.45 or less
• JCI 12/16 60P for $2.15 or less

Delta Neutral Cross

• CHPT 12/16 13C for $1.40 or less
• MS 12/16 82.5P for $2.75 or less
• RUN 12/16 25P for $2.30 or less
• AXP 12/16 140C for $5.95 or less
• AUY 12/16 4.5C for $0.10 or less

Trading Thesis - Why These Crayons Taste Better

Been buying JEPI and JEPQ.

Just to get some dividends and try to maintain my principal.

But also DCA on some positions on really down days.

But honestly lots of good buys out there.

Wish I could have got more financials. Since I knew they would be killing it with higher rates, like AFL and CB.

New high list today is basically insurance companies (MET HUM AFL CI ), big pharma (AMGN GILD VRTX BIIB) and McDonalds, Pepsi and TMobile. Basically the new high list is AMerica.

lol reminds me of this guy.

Tickers of Interest - TL;DR

Gamma Max Cross

• MRK 12/16 97.5P for $2.00 or less
• WYNN 12/16 67.5P for $4.65 or less
• JBLU 12/16 8P for $0.50 or less
• AFL 12/16 65P for $1.35 or less
• PSTG 12/16 31P for $1.90 or less

Delta Neutral Cross

• XLF 12/16 34P for $1.00 or less
• UBER 12/16 27.5P for $1.15 or less
• NEE 12/16 80C for $1.80 or less
• JWN 12/16 20C for $1.75 or less
• IBB 12/16 129P for $3.95 or less

Trading Thesis - Why These Crayons Taste Better

Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today.

This analysis is based on the current option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0.

For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both.

It's the reaction off of these price levels in the past that is being used to drive trading signals.

The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV.

Notes - Something to give you a new wrinkle

• If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open.
• Look to sell half your position on a double, and freeroll the rest to exit at your discretion.
• I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in.
• The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact.

FAQ - Because others have already asked.

• These plays are mostly puts. Are you a gay bear?
  • No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level.
• Are you entering all these plays?
  • No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.
• You mentioned a new play on the same ticker in the past. What does that mean?
  • The new play should replace the old play. The old play is likely now invalid and if you haven't entered in, don't chase the price. Remember that a new day's worth of data has been produced and the newer play reflects that data, the older play does not.
• Where are the crayons? I only see words.
  • Click the links above.
• Have you back-tested this?
  • Yes. Results show a moderate Sharpe Ratio (1.7), with an expected win rate of 63% of trades (7% margin of error)
• What is the historical performance?
  • The realized Sharpe Ratio is 1.85 with a 67% win rate. Based on the trade performance so far, there is a 95% chance the expected win rate will be between 49% and 72%. (Stats as of 2022-10-28)

#Largest stocks that report earnings tomorrow

Stryker $SYK Aflac $AFL Williams $WMB NXP Semi $NXPI Arista $ANET Global Payments $GPN On Semiconductor $ON SBA $SBAC Public Service $PEG American Water $AWK Hologic $HOLX Cincinnati $CINF Howmet $HWM Lowes $L Avis $CAR

https://m.facebook.com/story.php?story_fbid=pfbid02vFAs52mNHYeKnYSxVEhm6uPz2sML4houWefeBY9gXAitP3JbxbmyBQmuQVGjesAFl&id=100079682087727&sfnsn=mo Please help Noone will and local police refuse to help

A group of Republicans in the U.S. House of Representatives told Saudi Crown Prince Mohammed bin Salman on Wednesday that economic and military cooperation between the two countries is in jeopardy unless the kingdom helps to stabilize oil prices by cutting crude output.

https://www.reuters.com/article/global-oil-usa-saudi-idAFL2N2BW0RT

https://www.opensecrets.org/news/2019/06/lobbying-to-uphold-the-jones-act-hampering-puerto-rico-relief/

Several associates of shipping interest groups forked over big money in contributions to politicians who support the act too.

Cassidy received contributions from affiliates of domestic shipping companies operating in the Jones Act market with locations on the coast last year, including $72,400 from Edison Chouest Offshore and $24,300 from Bollinger Shipyards. Edison Chouest Offshore reported spending $80,000 on lobbying for “issues pertaining to the Jones Act,” among other maritime topics in the first quarter of 2019.

Rep. John Rutherford (R-Fla.), has been a strong advocate for the Jones Act over the years too. He received campaign contributions last election cycle from affiliates of the companies with stakes in the Jones Act, such as $8,500 from affiliates of Crowley Maritime and $5,000 from affiliates of Seafarers International Union.

Transportation Department Secretary Elaine Chao has also stood by the Jones Act. During her confirmation hearing she stated, “the Jones Act is a very important program that secures national security.” Chao is not a stranger to the maritime industry. Her family owns Foremost Group, an American shipping company with a powerful international reach. Although Chao does not have an official stake in the business, she has received significant funds from her father, the previous owner of the company, according to an investigation by the New York Times.

Lobbying for the Jones Act have remained steady. This year, the transportation trades department of the AFL-CIO reported spending $262,200 in the first quarter of 2019 on lobbying activity, including on the Jones Act. The AFL-CIO expressed its support of the act, stating it secured the jobs and working conditions of its members, some of whom work at Florida’s ports.

The Marine Engineers Beneficial Association also spent a record-high $837,000 in 2018, and $238,000 in 2019 on lobbying activity “supporting the Jones Act,” according to first quarter lobbying reports.

You can do both. Most of my stock picks most likely aren’t going anywhere and I also buy VOO, QQQ, SCHD, BND and STIP. meanwhile I’m buying GOOGL, CE, PARA, TROW, STAG, O, CTRE, STWD, DLR, ATVI, AAPL, F, C, MED, INTC, MU, ASO, AFL, ALL, TGT, TCNNF, and STLA for much cheaper prices. I’m long on all of these (10 years+). (I hold in different accounts, single stocks mostly in brokerage and REITs/ETFs in IRAs). However, I get your point. Most people in the subreddits don’t understand investing.

Republicans demand saudis cut oil production to raise gas prices. April 2020

https://www.reuters.com/article/global-oil-usa-saudi-idAFL2N2BW0RT

Trump yells in front of helicopter to lower interest rates because inflation good

https://youtu.be/J-LaUKZXEiU

Its like Alberto Fernández from Argentina and his "war" against inflation.

https://www.reuters.com/article/argentina-inflation-idAFL2N2VI1TT

Sadly we are losing so bad.

https://www.reuters.com/markets/currencies/argentinas-inflation-rate-expected-hit-95-this-year-2022-09-09/

And because Republicans demanded they cut oil production before trump left office. They wanted gas prices high to blame Biden

https://www.reuters.com/article/global-oil-usa-saudi-idAFL2N2BW0RT

> Aapl, Googl, Amzn, Fb, Meta, Tsla, Msft, apd, Avgo, Xom, Abbv, Oke, Epd, MO, Lmt, Pru, Ibm, HD, Mmm, Pep, Txn Whr, Ups, Trow, Afl, Tgt, Amgn, Sbux, SWK, Blk

Too many stocks, overdiversified but acceptable horrible economic conditions and individual binary events (earning reports).

Growth stocks, and the rest dividend stocks:

Googl Amzn Fb Meta Tsla Msft ADP Avgo Xom Abbv Oke Epd MO Lmt Pru Ibm HD Mmm Pep Txn Whr Ups Trow Afl Tgt Amgn Sbux SWK Blk

First, step back and look at the big picture. If I sell 100 puts I will expect a high percentage to just close at the 50% profit to collect income, perhaps 90+ of the 100 will just run to a 50% profit and close. IMO THIS is what the wheel is all about . . .

If I have to roll that means the trade has gotten into trouble so I will want to get rid of this trade as quickly as possible to focus on selling more puts to close for profits.

In the rare occurrence of being assigned, I want to get rid of the shares as quickly as possible to go back to selling those high percentage puts. Make sense?

With the focus on turning and burning puts the shares are an annoyance and have come from a problem stock and trade, so I want to get rid of them as quickly as possible. Usually, it is selling an ATM CC for the next Friday to get some juicy premium on the way out of the trade and then go back to selling puts. I will not close these at 50% but will let them expire with the hope of the shares being called away.

There are always exceptions and some will sell CCs with a 30+ dte to milk the shares for premium and how you do it is up to you . . .

I don't share any stocks for two reasons. One is that this must be your decision on what to trade. If you get stuck with shares you have to accept the responsibility of choosing that stock to trade. The second reason is that my list is constantly evolving as I review the stocks. Some will get permanently dropped where others will get put to the side and not traded for now, and others will be added. There is not a set list of stocks that doesn't change and you should be doing the same thing for your list which will change the stocks you trade over weeks and months.

The stocks I've mentioned are all to illustrate the type of company that is profitable and is less likely to significantly drop and will move back up faster if it does. If you look at AFL you will see a solid profitable company and while I don't trade them often this is the kind of company I would be comfortable trading and having on my list. AAPL is the quintessential company that is highly profitable with a moat around its business, so it is an ideal candidate to add.

I am shocked by the number of traders who ask for "stock tips" on Reddit as I think that it is a terrible way to find stocks to trade . . .

u/ScottishTrader So, I know that you typically favor selling CSPs for premium over CCs. I did read your Options Wheel Strategy post above regarding selling CCs, and I was hoping for additional clarification.

If net stock cost is already already below or even well-below the current stock price, do you simply sell an ATM CC for closest expiration possible (in order to become assigned quickly and move back to selling CSPs?). Would you only go further DTE (up to 30ish is what you mentioned) only for the sake of additional premium to keep your net stock cost below current stock price? Would you still manage these CCs to close at 50% profit, and then continue to sell another CC ATM repeatedly until assigned? I know your posts/comments in other threads mainly go over your strategy regarding CSPs, so I was also curious on managing this side of the option wheel despite it being a small portion of your overall options wheel.

Change of topic, but still somewhat related also: Would you please share what tickers you typically trade and/or are on your watchlist? I think in another thread you've mentioned T and AFL, while also stating FB (Meta now) and AAPL would not be terrible candidates for this strategy.

Thank you for your insight and knowledge, I really enjoyed reading through your posts and various comments in other threads as well.

Thanks. Another 60 cents and we're back to where we were. Of course Republicans threatened Saudi Arabia to cut oil production in order to spike prices. That was covered extensively in right wing media right? It wasnt covered on the left either. Kinda interesting.

https://www.reuters.com/article/global-oil-usa-saudi-idAFL2N2BW0RT

Pretty incredible lowering gas prices under those circumstances while at the same time winning a war against a major oil producer. Remember when trump was impeached for withholding weapons from Ukraine? Looking pretty based these days eh?

AFL, NFL or FIFA?

>The trend should be getting worse.

Hmmm. Nice how we can just pretend that certain causes of death don't count if we just blame externalities for the real consequences of medically unsafe working conditions.

It aligns with your political stance.

I think this article about Republicans making gas prices higher on purpose is funny.

https://www.reuters.com/article/global-oil-usa-saudi-idAFL2N2BW0RT

Part 2 of 2. The first part is the parent comment to this one

What's the solution?
One obvious solution is to use cash or to ask merchants about adopting cryptocurrency or alternative payment network that don't adopt these codes. Another solution is to pressure your representatives to pass state-level laws regulating merchant codes, or regulating the privacy of transactions, or how businesses treat products/services relating to firearms (or other Constitutional rights). There is lots of precedent for regulating what information financial companies can use to make decisions, ironically from the political left. For example, Washington State is pushing to ban financial institutions from using credit scores.

The bigger problem
People downplaying this are not recognizing the greater strategy being used repeatedly and successfully by the political left, which is to embrace centralization of power in private organizations, pressure/hold leverage over those institutions, and then use that power to achieve political goals. A related strategic tool here is to cut people off from culture or experiences that may cause them to value or exercise certain rights, so they don't vote to protect those rights in the future. Some examples of this strategy include making it expensive to own firearms via absurd taxes, or requiring gun liability insurance, or banning youth shooting sports.

The bigger problem is that the political left is embracing an alliance with large private corporations that face little competition, such as big tech (social media) or credit card networks. These companies' services are built on network effects, meaning their product or service is more valuable as more users are on that service. For example, virtually all businesses/shoppers accept/use credit cards on the Visa or Mastercard networks, making it very difficult for a competitor to emerge, since a new competitor would face a chicken and egg problem of trying to build up a network without having the value of an established network first.

Ultimately, all large companies that rely on network effects or face limited competition should be either regulated like a utility or fully turned into a public utility, since they don't participate in a functioning free market due to the network effects creating a barrier to competition. This is what has let Visa and Mastercard get away with banning Wikileaks, VPNs, etc. Anti-trust regulation is meant to reign in such companies but Democratic legislators have instead just compelled companies to fall in line behind their political policies. This strategy has worked - after all, if you are facing the possibility of anti-trust action why wouldn't you instead just agree to the demands of those legislators who can choose to look the other way? Renowned journalist Glenn Greenwald has written extensively about this dangerous threat to a healthy democracy.

Who pushed for this new MCC
The list of politicians is Senators Elizabeth Warren (D-Mass.), Dianne Feinstein (D-Calif.), Ed Markey (D-Mass.), Representatives Madeleine Dean (D-Pa.), Eleanor Holmes Norton (D-DC), Hank Johnson (D-Ga.), Nydia Velázquez (D-N.Y.), Anthony Brown (D-Md.), Al Green (D-Texas), André Carson (D-Ind.), Sheila Jackson Lee (D-Texas), Mark DeSaulnier (D-Calif.), Danny K. Davis (D-Ill.), Tom Suozzi (D-N.Y.), Barbara Lee (D-Calif.), Sylvia Garcia (D-Texas), Robin Kelly (D-Ill), Suzan DelBene (D-Wash.), Jennifer Wexton (D-Va.), Grace Meng (D-N.Y.), Juan Vargas (D-Calif,), Dwight Evans (D-Pa.), John B. Larson (D-Conn.), Ro Khanna (D-Calif.), Ritchie Torres (D-N.Y.), Donald Beyer Jr. (D-Va.), Carolyn Maloney (D-N.Y.), and Alma Adams (D-NC).

The list of pro-gun control organizations that endorsed the letter to the credit card companies includes Guns Down America, Giffords Law Center to Prevent Gun Violence, and Everytown for Gun Safety. These are the same organizations throwing their weight behind virtually all federal, state, and private attempts to curtail gun rights.

The other organizations that pushed for this are Amalgamated Bank, California State Teachers' Retirement System, and New York City Retirement Systems. There are also representatives of other public pension funds (for example Teachers’ Retirement System and Board of Education Retirement System) who have made statements of support.

What did their letters to the CEOs say?
Here is a combined PDF of the letters

Who is Amalgamated Bank
Amalgamated Bank is a smaller bank, with just $6.6B in assets acccording to Wikipedia. They are the largest union-owned bank and are unionized themselves. They are majority owned by Workers United, an SEIU affiliate (Service Employees International Union). Naturally, they are a left-leaning institution. Their former CEO has spoken many times about a progressive finance movement and even written a book on the topic. He previously worked for AFL-CIO and later served as CFO of SEIU. Their current CEO, Priscilla Sims-Brown, has voiced support for a number of progressive platform positions. She spoke about the application for a firearms MCC in a recent interview.

Put it all on Sydney swans to win the AFL premiership and in 12 days you’ll have $58,000

Republican leadership blackmailing saudis to cut production to keep gas prices high was starting to take effect right before we went into a proxy war with an oil producer

https://www.reuters.com/article/global-oil-usa-saudi-idAFL2N2BW0RT

$AFL

I try to size the positions so it consumes 1% of capital or less. So I can afford the contract to expire worthless.

Incidentally, looking at AFL, those puts may very well print.

Hardy, when your positions turn into losses, when do you generally exit your position on your options? For example, without providing financial advice, my AFL September 16 puts are down 44% for the strike of $57.50. Do you exit according to how much time you have left or according to your loss percentage?

I don't personally have a Samsung refrigerator, but I have a Samsung washing machine. It's generally OK, but has a few issues, not the least of which was a quirk (now remedied) where if you used a certain setting, the lid might possibly blow off randomly. https://pages.samsung.com/us/tlw/index.html?CID=afl-ecomm-rkt-cha-040122-url_Bing+Rebates+on+non-Edge+browsers+and+coupons&utm_source=url_Bing+Rebates+on+non-Edge+browsers+and+coupons&utm_medium=affiliate&utm_campaign=1&utm_content=3624890&rktevent=Bing+Rebates+on+non-Edge+browsers+and+coupons_msYS1Nvjv4c-67q_8mPSvmCBl6qGOYv2Yg&ranMID=47773&ranEAID=msYS1Nvjv4c&ranSiteID=msYS1Nvjv4c-67q_8mPSvmCBl6qGOYv2Yg
We have solved it by never using this setting, even though it's now supposedly repaired. I never did like to overstuff my personal machine. We take very large items to a laundromat.

> Do you not understand how critical thinking and reasoning and drawing conclusions works?

I understand critical thinking very well. I also understand the difference between explicit and implicit statements. I explicitly stated one thing, and you’ve decided that I’m implying something else entirely. Apparently, you know what I’m actually thinking better than I do. So I’ll will explicilty say it again. I am not trying to bail out my parents, or remove all off the consequences of their actions. You seem to think that there are only two choices here: completely and fully bail them out by paying their debt, or completely distance myself from the entire situation. There is a middle ground that I’ve said many times is my goal: to offer support and help do that they can pay off the debt themselves.

The “abandoning” quote was to a reply that literally said to “run far away.” It was a direct response to that reply. Again, you’re generalizing a single reply to my entire post.

> They are adults, and they didn’t afl for your “help”.

You know you’re allowed to help people even if they don’t ask for it right? That’s not unheard of and actually a sign of a good relationship. Do you know how hard it is to ask for help sometimes? Especially if you feel embarrassed about it. This is what happens in healthy close relationships. You know the other person on a deeper level and feel comfortable offering help. Do you know how many times I’ve been in a bad spot but didn’t want to be a burden on people so I’d struggle through alone? And all it took was a friend saying, “hey man, you don’t look to be in a good place, you need any help?” Do you know how amazing that feels? That isn’t codependent, unhealthy behavior. That’s a personal relationship that everybody should strive for and what sounds like you’ve never been a part of. And that’s sad. Because it’s a wonderful thing.

Do you not understand how critical thinking and reasoning and drawing conclusions works?

Your perspective is that unless you proactively step in and force “help” on autonomous adults who have not asked for it, that you are “abandoning” them.

This is all straight from your keyboard and unless you edited your posts, you can go back and read for yourself the three key points here: They are adults, and they didn’t afl for your “help”. You. Said. That.

To do nothing and allow them to figure this out without your unasked-for “help”, is akin to abandoning them. Those are your words. You. Said. That.

My conclusions are that this is enmeshed, codependent, severely unhealthy behavior. My opinion is that you and your sister are assuming unreasonable and unhealthy responsibility that isn’t yours. My opinion is that it’s not actually going to “help” your parents in the long run—rescuing people like this makes you feel good though and I’m sure that’s what’s driving the behavior.

I don’t require that you agree with me lol. It doesn’t matter to me that you should agree with me (though it’s interesting to me that it seems very important to you that I should agree with YOU, so much so that you’re demanding I must somehow “justify” my opinion of all this to you).

Ooof afl cost already double that

Tickers of Interest

Gamma Max Cross

• XLU 09/16 75P for $1.15 or less
• NEE 09/16 87.5P for $2.10 or less
• LAC 09/16 27.5P for $1.55 or less
• AFL 09/16 60P for $0.95 or less
• ADI 09/16 170P for $5.20 or less

Delta Neutral Cross

• GM 09/16 37/38 Strangle for $2.70 or less combined
• BITO 09/16 14P for $1.05 or less
• SMH 09/16 240C for $4.90 or less
• CRM 09/16 190C for $4.75 or less
• MRNA 09/16 175C for $9.65 or less

Trading Thesis

Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today.

This analysis is based on the option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0.

For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both.

It's the reaction off of these price levels in the past that is being used to drive trading signals.

The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV.

FAQ

• These plays are mostly puts. Are you a gay bear?
  • No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level.
• Are you entering all these plays?
  • No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.

go buy yourself an ev: https://www.gamestop.com/collectibles/figures/products/pokemon-25th-anniversary-eevee-silver-battle-figure/235272.html?utm_source=rakutenls&utm_medium=affiliate&utm_content=Slickdeals+LLC&utm_campaign=10&utm_id=208164&utm_kxconfid=tebx5rmj3&cid=afl_10000087&affID=77777&sourceID=lw9MynSeamY-wxb0qFZdtJ_58SAIqj6FKQ&ranMID=24348&ranEAID=lw9MynSeamY&ranSiteID=lw9MynSeamY-wxb0qFZdtJ_58SAIqj6FKQ

Tickers of Interest

Gamma Max Cross

• TMUS 08/19 140P for $1.55 or less
• ADP 08/13 235P for $1.00 or less
• MMM 08/19 139P for $1.35 or less
• TGT 08/19 150P for $2.45 or less (Warning: High IV)
• EOG 08/19 105P for $3.05 or less

Delta Neutral Cross

• SYK 08/19 205P for $1.90 or less
• FCX 08/19 28.5P for $0.70 or less
• CRWD 08/26 28P for $0.80 or less
• AFL 08/26 56P for $0.90 or less
• APTV 08/19 97.5P for $1.40 or less

​

Trading Strategy

Gamma Max is the price where a hypothetical portfolio of all option open interest for the ticker produces the most gamma.

Delta Neutral is the price where a hypothetical portfolio of all option open interest for the ticker produces the least delta.

Simply touching those calculated price levels isn't enough to make a trading decision. You need to consider what the ticker's price did the previous times it touched those levels. You should also take into context the broader market movement.

The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV.

From that list, I hold a number of them.

O, BP, MPC, AFL, ITW, CVS and K.

Should be another week of mixed earnings.

https://www.peoplesworld.org/article/inflation-more-like-ceo-greedflation-according-to-afl-cio-paywatch-report/

Yup... I'm the only one talking about it...

ASO, REITs, CE, PARA, POWW, TCNNF, AFL, MED and more.

https://www.reuters.com/article/russia-wheat-exports-idAFL1N2YG13R

The gaslighting of the nation will continue and leaders will keep shrugging when asked why this is happening and what are they going to do about it.

Gestures broadly

It's not going away and it's getting worse

>CEOs of S&P 500 companies earned an average of $18.3 million last year — an increase of 18.2% and more than double the U.S. inflation rate, according to a new report from the AFL-CIO labor union.

>The union's annual report on executive compensation, which has become a benchmark for rising inequality in the U.S., found that the ratio between CEO pay and worker earnings reached 324-to-1 last year, up from 299-to-1 in 2020 and 264-to-1 in 2019.

>The findings underscore the financial stress that many workers are now experiencing due to inflation, which is outpacing typical wage growth. Although the pay of average workers rose 4.7% last year, their real earnings after inflation fell 2.4%. By contrast, CEOs kept well ahead of last year's inflation rate of 7.1%.

>"During the pandemic, the ratio between CEO and worker pay jumped 23%," Redmond said. "Instead of investing in their workforces by raising wages and keeping the prices of their goods and services in check, their solution is to reap record profits from rising prices and cause a recession that will put working people out of our jobs."

>The typical CEO is bolstering their pay with compensation through stock options, restricted stock and non-equity incentives. For instance, the average CEO salary stood at about $1.2 million last year, but the typical restricted stock award amounted to almost $10 million.

>The top-earning CEO last year among S&P 500 corporations was Expedia's Peter Kern, whose pay was more than $296 million, according to the AFL-CIO's calculations. Expedia noted that long-term equity incentive awards account for 99% of Kern's 2021 compensation. The bulk of those awards will vest in 2024, according to the company's proxy.

>In second place was Amazon CEO Andrew Jassy, with compensation of more than $212 million. 

>Amazon said Jassy's compensation includes a stock award that will vest over the following 10 years and that was tied to his transition last year from the head of Amazon's AWS unit to the CEO of the company. 

>The AFL-CIO singled out Amazon as having the highest gap between CEO-to-worker pay, at 6,474 to 1. While Jassy's compensation stood at more than $212 million last year, the typical Amazon worker earned less than $33,000 annually in 2021, the union said.

>Amazon's warehouses have been the center of unionization efforts, with some successes and some losses. The huge gap between a typical Amazon worker's pay and that of its CEO underscores why some of the e-commerce giant's workers are organizing union drives, the AFL-CIO said.

>"But working people are starting to fight back against the economics of greedflation," Redmond said. "From Bessemer, Alabama, to Staten Island, New York, Amazon workers are coming together to form unions and negotiate for a fair return on their work."

>Amazon said its jobs have an average starting pay of $18, more than twice the federal minimum wage, and that hourly pay can be as high as $28 an hour in some places. "We're proud to offer compensation packages for our front-line employees that not only include great pay, but also provide comprehensive benefits for full-time employees," the spokesman said.

A group of Republicans in the U.S. House of Representatives told Saudi Crown Prince Mohammed bin Salman on Wednesday that economic and military cooperation between the two countries is in jeopardy unless the kingdom helps to stabilize oil prices by cutting crude output.

“If the Kingdom fails to act fairly to reverse this manufactured energy crisis, we would encourage any reciprocal responses that the U.S. government deems appropriate,” said a letter to the crown prince signed by nearly 50 Republican U.S. Representatives.

4-8-2020

https://www.reuters.com/article/global-oil-usa-saudi-idAFL2N2BW0RT

Too much random stuff in here. FORGET "TECH." It was a bubble and there is a slim chance it's going to inflate again. Forget it. It's in the past tense.

but now is an AWESOME time for boring solid stocks that don't typically provide huge quick growth, but do when they rebound from crashes. Yes, yes, bear can last a while, but that can't be used as an excuse to not invest. You need to pick a few from each industry, with some example stocks:

Financials/banks: JPM, TD, BAC, AXP, GS, BNS, CM

Utilities: AEP, SO, EVRG - not on sale much though

Big food: K, GIS, ADM - granted, not really on sale now so maybe don't nibble yet

Big pharma: go pick your own I personally hate them for ethical reason so own none

consumer staples - JNJ, PG, CAG, SWK

Insurance - UNH, AFL, ORI, CI

Transportation - UPS, R

Industrials - CAT, HON, MMM, SNA, CMI

REITs - O, DLR, STAG

Retailers: TGT, BBY, HD

Chips: TXN, AMAT

and then overlap these with different levels of growers/solid dividend payers and domestic/international

there were two other successful pro american football leagues, the AFL and the USFL. one merged with the NFL and the other was a successful alternative until a certain dumbass got involved, insisted on directly competing with the NFL, then bankrupted the league.

>In August 1984, the USFL voted to move from a spring to a fall schedule in 1986 to compete directly with the NFL. This was done at the urging of New Jersey Generals majority owner Donald Trump and a handful of other owners as a way to force a merger between the leagues. As part of this strategy, the USFL filed an antitrust lawsuit against the National Football League in 1986, and a jury ruled that the NFL had violated anti-monopoly laws. However, in a victory in name only, the USFL was awarded a judgment of just $1, which under antitrust laws, was tripled to $3.[2] This court decision effectively ended the USFL's existence. The league never played its planned 1986 season, and by the time it folded, it had lost over US$163 million (over $389 million in 2021 dollars).

do you have a sheet with EarningsTtm for all 500+ S&P500 tickers? i am not sure where to find the mistake

|Ticker|SharesOutstanding|EarningsTtm| :--|:--|:--| |AAPL|16185000000|100347000000| |BRK.B|2206000000|81997020000| |GOOGL|658544000|73875465920| |GOOG|658544000|73875465920| |MSFT|7479000000|72172350000| |JPM|2937000000|39649500000| |META|2707000000|36246730000| |BAC|8057000000|28521780000| |XOM|4213000000|25404390000| |PFE|5611000000|24968950000| |INTC|4089000000|24779340000| |VZ|4200000000|21588000000| |AMZN|10174000000|21467140000| |CVX|1965000000|20966550000| |JNJ|2631000000|19837740000| |WFC|3790000000|18381500000| |GS|343447000|17965712570| |UNH|938172000|17374945440| |T|7159000000|17110010000| |C|1942000000|16584680000| |HD|1028000000|16262960000| |MRNA|397760000|14430732800| |PG|2399000000|14202080000| |MRK|2529000000|14187690000| |CMCSA|4480000000|14112000000| |MS|1749000000|13974510000| |V|2083000000|13289540000| |WMT|2741000000|12800470000| |COP|1293000000|12619680000| |ABBV|1767000000|12386670000| |CSCO|4141000000|11843260000| |F|4020000000|11617800000| |QCOM|1120000000|11099200000| |UPS|873766000|10764797120| |KO|4335000000|10360650000| |PEP|1383000000|10165050000| |COF|393051000|10038522540| |NVDA|2500000000|9450000000| |MA|972645000|9386024250| |AIG|792192000|9308256000| |MU|1117000000|8991850000| |PM|1550000000|8959000000| |GM|1458000000|8879220000| |TSLA|1036000000|8588440000| |AVGO|403818000|8484216180| |REGN|109846000|8237351540| |TXN|922134000|8170107240| |CB|423711000|8016612120| |CVS|1311000000|7957770000| |LOW|639129000|7867677990| |ABT|1751000000|7616850000| |TMO|391462000|7570875080| |AXP|753060000|7530600000| |NUE|266062000|7455057240| |MCD|739605000|7055831700| |ACN|664188000|6954048360| |USB|1486000000|6895040000| |DOW|728102000|6734943500| |ORCL|2668000000|6643320000| |UNP|628025000|6631944000| |AMAT|869947000|6576799320| |OXY|937191000|6504105540| |LLY|950160000|6423081600| |CAT|533374000|6405821740| |DHR|727077000|6398277600| |HCA|295484000|6382454400| |MET|813206000|6334874740| |WBA|863773000|6279629710| |BLK|151503000|6117691140| |BMY|2129000000|6046360000| |LMT|266107000|6045951040| |NKE|1574000000|6028420000| |TFC|1331000000|6016120000| |DE|305636000|5898774800| |HPQ|1034000000|5831760000| |LYB|327622000|5762870980| |TGT|463696000|5643180320| |NOC|155445000|5641099050| |COST|442963000|5638918990| |IBM|899435000|5531525250| |MMM|569059000|5519872300| |AMGN|534200000|5454182000| |WBD|2427000000|5412210000| |HON|680733000|5180378130| |CI|317273000|5165204440| |SCHW|1817000000|5051260000| |FCX|1449000000|5042520000| |NFLX|444274000|5015853460| |MDT|1329000000|4983750000| |DHI|352030000|4970663600| |PNC|413581000|4888527420| |ADBE|472500000|4866750000| |SPGI|347100000|4828161000| |CHTR|167858000|4765488620| |DFS|280965000|4742689200| |FDX|259178000|4704080700| |PRU|375000000|4657500000| |GILD|1254000000|4514400000| |LRCX|138715000|4463848700| |EOG|585713000|4416276020| |AMD|1621000000|4392910000| |LEN|295490000|4340748100| |SBUX|1147000000|4312720000| |PXD|241959000|4176212340| |RTX|1487000000|4163600000| |MDLZ|1384000000|4152000000| |TSN|354548000|4045392680| |ICE|558266000|4041845840| |PARA|649101000|4024426200| |LIN|503453000|3947071520| |AFL|644165000|3942289800| |NRG|237284000|3898576120| |TRV|239961000|3832177170| |CSX|2174000000|3826240000| |SYF|501489000|3726063270| |PLD|748939000|3722226830| |HPE|1299000000|3676170000| |DUK|769899000|3672418230| |PYPL|1158000000|3531900000| |DVN|660000000|3511200000| |ALL|274983000|3426288180| |ELV|357347000|3319753630| |EL|357347000|3319753630| |EMBC|357347000|3319753630| |BK|807798000|3279659880| |GD|277705000|3268587850| |TJX|1172000000|3234720000| |MMC|501914000|3212249600| |WTW|111488000|3196360960| |KLAC|149235000|3098118600| |ADM|562708000|3066758600| |EMR|621998000|2998030360| |HUM|126493000|2997884100| |D|830650000|2990340000| |MO|1811000000|2988150000| |NSC|238333000|2962479190| |AMP|109904000|2930040640| |ADP|417747000|2844857070| |TROW|227297000|2836666560| |TMUS|1254000000|2821500000| |PSX|481086000|2766244500| |CME|359421000|2760353280| |STT|367115000|2753362500| |FANG|177493000|2706768250| |AEP|513544000|2685835120| |WY|744498000|2680192800| |ITW|311443000|2662837650| |DIS|1821000000|2658660000| |AMT|456347000|2646812600| |CARR|848242000|2621067780| |EXC|980210000|2597556500| |MOS|361993000|2584630020| |VLO|408096000|2534276160| |INTU|282812000|2528339280| |MPC|540995000|2504806850| |ATVI|781882000|2486384760| |TEL|322174000|2458187620| |VRTX|255756000|2447584920| |HIG|328865000|2427023700| |FITB|686087000|2415026240| |KDP|1419000000|2412300000| |APA|338232000|2381153280| |MTB|179431000|2354134720| |CFG|495446000|2348414040| |KEY|932471000|2331177500| |SO|1063000000|2296080000| |GIS|602212000|2276361360| |RF|934500000|2270835000| |AZO|19488000|2262556800| |DG|226997000|2226840570| |DISH|529995000|2220679050| |ETN|399000000|2218440000| |CTSH|521174000|2178507320| |APD|221773000|2175593130| |PGR|584900000|2164130000| |SPG|328647000|2149351380| |LUMN|1033000000|2148640000| |NXPI|262565000|2145156050| |KR|727753000|2139593820| |SLB|1413000000|2105370000| |ORLY|65725000|2070337500| |ZTS|470629000|2061355020| |BBY|225168000|2051280480| |LH|93176000|2047076720| |CINF|160440000|2045610000| |CE|108309000|2039458470| |MRO|707691000|2038150080| |CL|837942000|2027819640| |SYK|378154000|2019342360| |PCAR|347683000|1981793100| |MCO|184500000|1961235000| |HSY|205605000|1951191450| |PHM|237627000|1943788860| |CBRE|326861000|1918674070| |CMI|141098000|1911877900| |WM|415207000|1893343920| |BEN|499924000|1864716520| |ADI|519806000|1850509360| |WDC|313168000|1841427840| |BDX|285065000|1821565350| |PSA|175529000|1816725150| |SHW|260131000|1815714380| |LHX|192875000|1809167500| |DGX|117365000|1793337200| |STX|214844000|1783205200| |SIVB|58851000|1760233410| |KMB|336925000|1752010000| |ABC|209464000|1736456560| |CTRA|805805000|1724422700| |IP|370629000|1701187110| |CTVA|723700000|1700695000| |PH|128478000|1688200920| |APH|597139000|1683931980| |FISV|646394000|1674160460| |ISRG|358957000|1651202200| |CF|208602000|1629181620| |XEL|544653000|1628512470| |CNP|629449000|1598800460| |YUM|285164000|1596918400| |VICI|963002000|1588953300| |L|246108000|1587396600| |ROST|349926000|1581665520| |RJF|216659000|1579444110| |HAL|901976000|1560418480| |EW|621752000|1535727440| |ED|354295000|1534097350| |URI|71612000|1531780680| |K|337873000|1530564690| |HOLX|249381000|1526211720| |DD|508527000|1525581000| |WHR|56202000|1524760260| |NTRS|208380000|1508671200| |OKE|446616000|1505095920| |CNC|584887000|1503159590| |PFG|252684000|1493362440| |MAR|327298000|1485932920| |DLTR|224556000|1482069600| |WMB|1218000000|1473780000| |EXPD|167754000|1466169960| |ON|434506000|1459940160| |CCI|433032000|1459317840| |NEE|1965000000|1454100000| |FRC|179603000|1436824000| |BIIB|146452000|1433765080| |TT|233860000|1424207400| |VFC|388323000|1378546650| |DLR|284672000|1377812480| |PAYX|361017000|1361034090| |WEC|315435000|1356370500| |MNST|529671000|1355957760| |AON|212384000|1350762240| |EQR|376042000|1349990780| |CMS|290129000|1349099850| |SWKS|160926000|1337295060| |RSG|315891000|1336218930| |NVR|3290000|1330081200| |MGM|426052000|1325021720| |WRB|265193000|1323313070| |RE|39438000|1320778620| |SWK|150965000|1305847250| |IVZ|455025000|1301371500| |OGN|253637000|1301157810| |ES|344878000|1300190060| |AWK|181753000|1286811240| |MCHP|554501000|1286442320| |MSI|167297000|1256400470| |A|298708000|1251586520| |OMC|205733000|1248799310| |OTIS|422794000|1238786420| |FE|570932000|1233213120| |KHC|1224000000|1224000000| |JCI|695669000|1210464060| |LNC|171947000|1191592710| |CTAS|102325000|1184923500| |NDAQ|164678000|1164273460| |GWW|51102000|1158482340| |AVB|139818000|1124136720| |DOV|144163000|1118704880| |ODFL|113354000|1117670440| |ROP|105913000|1115263890| |FOXA|556749000|1113498000| |FOX|556749000|1113498000| |BALL|319789000|1112865720| |ECL|285655000|1105484850| |CPRT|237673000|1083788880| |SBNY|62928000|1083620160| |GLW|844612000|1081103360| |GRMN|193125000|1077637500| |PPG|236194000|1072320760| |TAP|216890000|1071436600| |ETR|203374000|1069747240| |IQV|189279000|1069426350| |HBAN|1439000000|1064860000| |BAX|503529000|1062446190| |MCK|145365000|1061164500|

Category 2 (part 2)

|Ticker|Name|Sector|Price|Market cap|P/E|Earnings date| :--|:--|:--|--:|--:|:-:|--:| |PNR|Pentair plc|Industrials|47.03|7778742986|14.4|07/26/2022| |META|Meta Platforms, Inc.|Communication Services|170.16|460507931590|12.88|07/27/2022| |TMO|Thermo Fisher Scientific Inc.|Healthcare|544.81|213272411264|28.37|07/27/2022| |MCD|McDonald's Corporation|Consumer Cyclical|247.9|183333696786|26.19|07/27/2022| |BMY|Bristol-Myers Squibb Company|Healthcare|78.96|168110891490|28.04|07/27/2022| |QCOM|QUALCOMM Incorporated|Technology|125.1|140111998291|12.81|07/27/2022| |NOW|ServiceNow, Inc.|Technology|504.09|101049779847|458.76|07/27/2022| |ADP|Automatic Data Processing, Inc.|Industrials|218.79|91398885204|32.31|07/27/2022| |PYPL|PayPal Holdings, Inc.|Financial|77.68|89956469873|25.68|07/27/2022| |BA|The Boeing Company|Industrials|141.53|83734214051|#N/A|07/27/2022| |CME|CME Group Inc.|Financial|210|75477801000|27.47|07/27/2022| |EQIX|Equinix, Inc.|Real Estate|689.17|62729485458|127.32|07/27/2022| |LRCX|Lam Research Corporation|Technology|450.19|62448106188|14.07|07/27/2022| |GD|General Dynamics Corporation|Industrials|222.33|61742175391|19.04|07/27/2022| |SHW|The Sherwin-Williams Company|Basic Materials|231.25|60155340000|33.68|07/27/2022| |HUM|Humana Inc.|Healthcare|456.81|57783449745|19.38|07/27/2022| |NSC|Norfolk Southern Corporation|Industrials|230.43|54918956229|18.61|07/27/2022| |MCO|Moody's Corporation|Financial|277.5|51198722250|26.29|07/27/2022| |F|Ford Motor Company|Consumer Cyclical|12.01|48277378570|4.22|07/27/2022| |ORLY|O'Reilly Automotive, Inc.|Consumer Cyclical|639.06|42002493135|20.47|07/27/2022| |APH|Amphenol Corporation|Technology|65.85|39321569313|24.43|07/27/2022| |TEL|TE Connectivity Ltd.|Technology|118.39|38142155985|15.67|07/27/2022| |CTSH|Cognizant Technology Solutions Corporation|Technology|70.26|36617672301|16.86|07/27/2022| |AFL|Aflac Incorporated|Financial|55.79|35937938044|9.16|07/27/2022| |HES|Hess Corporation|Energy|101.69|31652284384|43.6|07/27/2022| |ODFL|Old Dominion Freight Line, Inc.|Industrials|257.72|29213515702|26.32|07/27/2022| |VICI|VICI Properties Inc.|Real Estate|30.32|29198220346|18.75|07/27/2022| |AVB|AvalonBay Communities, Inc.|Real Estate|195.15|27285520876|24.33|07/27/2022| |DRE|Duke Realty Corporation|Real Estate|57.45|22086951533|21.44|07/27/2022| |HIG|The Hartford Financial Services Group, Inc.|Financial|65.69|21603116376|9.03|07/27/2022| |ALGN|Align Technology, Inc.|Healthcare|258.75|20390938650|29.15|07/27/2022| |RJF|Raymond James Financial, Inc.|Financial|92.5|20040920500|13.05|07/27/2022| |MAA|Mid-America Apartment Communities, Inc.|Real Estate|172.53|19914723687|33.53|07/27/2022| |GPC|Genuine Parts Company|Consumer Cyclical|136.75|19363129925|21.17|07/27/2022| |GRMN|Garmin Ltd.|Technology|100.13|19337605719|22.87|07/27/2022| |CINF|Cincinnati Financial Corporation|Financial|116.5|18681380800|9.24|07/27/2022| |URI|United Rentals, Inc.|Industrials|248.29|17780421337|11.67|07/27/2022| |TDY|Teledyne Technologies Incorporated|Technology|378.02|17707537422|31.16|07/27/2022| |HOLX|Hologic, Inc.|Healthcare|70.93|17688594406|11.68|07/27/2022| |IR|Ingersoll Rand Inc.|Industrials|43.33|17588938977|23.96|07/27/2022| |ROL|Rollins, Inc.|Consumer Cyclical|35.11|17290288455|52.28|07/27/2022| |MOH|Molina Healthcare, Inc.|Healthcare|267.13|15680533957|22.72|07/27/2022| |UDR|UDR, Inc.|Real Estate|46.15|14694206635|91.76|07/27/2022| |GNRC|Generac Holdings Inc.|Industrials|224.55|14333010976|29.75|07/27/2022| |TYL|Tyler Technologies, Inc.|Technology|345.33|14322112264|88.88|07/27/2022| |AVY|Avery Dennison Corporation|Industrials|165.35|13511451736|18.94|07/27/2022| |PTC|PTC Inc.|Technology|112.44|13152770481|27.8|07/27/2022| |RE|Everest Re Group, Ltd.|Financial|283.19|11168433156|8.42|07/27/2022| |LW|Lamb Weston Holdings, Inc.|Consumer Defensive|71.91|10387169916|44.86|07/27/2022| |FBHS|Fortune Brands Home & Security, Inc.|Consumer Cyclical|63.24|8272253871|11.27|07/27/2022| |VRSN|VeriSign, Inc.|Technology|169.27|18542631837|23.79|07/28/2022| |PFE|Pfizer Inc.|Healthcare|51.59|289466125496|11.84|07/28/2022| |MRK|Merck & Co., Inc.|Healthcare|93.13|235507602704|16.66|07/28/2022| |ABT|Abbott Laboratories|Healthcare|109.45|191640596556|25.27|07/28/2022| |CMCSA|Comcast Corporation|Communication Services|39.57|177274192182|12.74|07/28/2022| |INTC|Intel Corporation|Technology|38.61|157876253885|6.42|07/28/2022| |HON|Honeywell International Inc.|Industrials|180.02|122545575570|34.79|07/28/2022| |MO|Altria Group, Inc.|Consumer Defensive|43.4|78578176562|26.44|07/28/2022| |NEM|Newmont Corporation|Basic Materials|64.18|50936527840|48.63|07/28/2022| |AEP|American Electric Power Company, Inc.|Utilities|93.6|48067736336|17.96|07/28/2022| |FCX|Freeport-McMoRan Inc.|Basic Materials|30.99|44912629048|8.99|07/28/2022| |VLO|Valero Energy Corporation|Energy|103.93|42413458976|16.73|07/28/2022| |BAX|Baxter International Inc.|Healthcare|66.78|33625639293|32.02|07/28/2022| |BIIB|Biogen Inc.|Healthcare|211.93|31037571287|21.72|07/28/2022| |TWTR|Twitter, Inc.|Communication Services|39.41|30116357329|162.78|07/28/2022| |NUE|Nucor Corporation|Basic Materials|111.06|29548833964|3.96|07/28/2022| |TROW|T. Rowe Price Group, Inc.|Financial|121.5|27616524750|9.83|07/28/2022| |SIVB|SVB Financial Group|Financial|415.52|24453829201|14.1|07/28/2022| |FITB|Fifth Third Bancorp|Financial|35.22|24163995543|10.09|07/28/2022| |LUV|Southwest Airlines Co.|Industrials|37.73|22372248473|40|07/28/2022| |FE|FirstEnergy Corp.|Utilities|37.29|21290065989|16.66|07/28/2022| |DPZ|Domino's Pizza, Inc.|Consumer Cyclical|396.54|14293312365|30.31|07/28/2022| |POOL|Pool Corporation|Consumer Cyclical|356.94|14286495042|19.79|07/28/2022| |CE|Celanese Corporation|Basic Materials|127.57|13816953582|6.83|07/28/2022| |KIM|Kimco Realty Corporation|Real Estate|20.14|12446656574|12.77|07/28/2022| |SNA|Snap-on Incorporated|Industrials|201.87|10774661605|13.08|07/28/2022| |AAL|American Airlines Group Inc.|Industrials|13.9|9028255472|#N/A|07/28/2022| |ALLE|Allegion plc|Industrials|99.6|8745368902|19.14|07/28/2022| |RHI|Robert Half International Inc.|Industrials|77.9|8609001818|13.2|07/28/2022| |ALK|Alaska Air Group, Inc.|Industrials|41.92|5285768025|11.45|07/28/2022| |XOM|Exxon Mobil Corporation|Energy|86.9|366127520928|14.4|07/29/2022| |PG|The Procter & Gamble Company|Consumer Defensive|144.35|346338392244|25.23|07/29/2022| |CVX|Chevron Corporation|Energy|144.77|284445986404|13.61|07/29/2022| |ABBV|AbbVie Inc.|Healthcare|152.34|269201530928|21.85|07/29/2022| |LIN|Linde plc|Basic Materials|303.23|152441155658|39.02|07/29/2022| |CAT|Caterpillar Inc.|Industrials|185.49|98935601836|15.56|07/29/2022| |CHTR|Charter Communications, Inc.|Communication Services|463.12|88684051976|16.77|07/29/2022| |CL|Colgate-Palmolive Company|Consumer Defensive|80.38|67353759582|33.3|07/29/2022| |ITW|Illinois Tool Works Inc.|Industrials|187.92|58526349197|22.09|07/29/2022| |AON|Aon plc|Financial|271.74|57713171737|43.16|07/29/2022| |PSX|Phillips 66|Energy|84.2|40508610111|14.65|07/29/2022| |JCI|Johnson Controls International plc|Industrials|48.95|34052988290|28.37|07/29/2022| |IDXX|IDEXX Laboratories, Inc.|Healthcare|361.48|30366934423|42.43|07/29/2022| |LYB|LyondellBasell Industries N.V.|Basic Materials|89.24|29236968732|5.07|07/29/2022| |WY|Weyerhaeuser Company|Real Estate|34.33|25558610837|9.55|07/29/2022| |GWW|W.W. Grainger, Inc.|Industrials|460.95|23555315410|20.4|07/29/2022| |CHD|Church & Dwight Co., Inc.|Consumer Defensive|91.61|22240251458|28.1|07/29/2022| |VFC|V.F. Corporation|Consumer Cyclical|48.01|18650904943|15.49|07/29/2022| |CBOE|Cboe Global Markets, Inc.|Financial|114.94|12205317943|24.61|07/29/2022| |NWL|Newell Brands Inc.|Consumer Defensive|20.03|8282405283|#N/A|07/29/2022| |CTRA|Coterra Energy Inc.|Energy|26.35|479941278|32.7|07/29/2022|

Sounds like Aflac AFL. Low PE and good dividends, but it's way down today. Wish I had cash to buy more of it.

> stop making shitty arguments in bad faith.

Ah, the protectionist claiming this lmao. The information is completely open and public. The Jones Act is heavily supported by unions. Steel/lumber/etc tariffs are heavily supported by unions. Labor unions are constantly fighting port automations.

>AFL CIO would fight against immigration

Yes, but only from non-white countries at a time where we had open borders with NW Europe and stopped only after the civil rights movement...

>when immigrant labor, as it stands, is used strategically by greed driven corporations all of the time to undermine US worker’s rights

So having open borders to white countries was great over 150 years. But the second brown people start coming in they start limiting immigration broadly. Wow.

Lump of labor fallacy. There is a lot of research on immigration impact on native populations. I forcing women to not work will DOUBLE WAGES right? Or people working half the hours would DOUBLE WAGES right? Jesus.

> Research shows that illegal immigrants increase the size of the U.S. economy, contribute to economic growth, enhance the welfare of natives, contribute more in tax revenue than they collect, reduce American firms' incentives to offshore jobs and import foreign-produced goods, and benefit consumers by reducing the prices of goods and services.[3][4][5][6]

https://en.m.wikipedia.org/wiki/Illegal_immigration_to_the_United_States

I get it the truth is painful. Don't worry, labor unions percentage is at a all time low. Dems are going to get rekt in 2024. (The year the Fed expects inflation to slow down)

https://aflcio.org/scorecard/legislators/ron-desantis

Enjoy.

Cool copy pasta bro 😂

(https://www.reddit.com/r/neoliberal/comments/vcghba/comment/icefb05/ )

You’re seriously busting out a random cherry picked list of anti immigration things AFL CIO supported going back to the 1800s as some kind of proof all Unions are evil? How does that make your point that unions are evil any stronger? Uh oh Seems like someone’s been ingesting a whole lot of propaganda.

Or are you trying to convince me that unions are evil by painting a false narrative with your lackluster list of 1800s baseball stats up there because you think that I’m a tribalism troglodyte like you and will hate all unions as soon as I hear they don’t always align with what you, In your simplistic understanding of the world, perceive to be MY librul values?

You think that an American labor union at times, being anti immigration is somehow a huge “you can’t explain that pinhead librul!” moment?!

My guy, ya gots to turn off the Hanity and go outside once in a while..

It comes as a shock to exactly no one with a modicum of intellectual honesty that this shit is nuanced and it’s not completely unreasonable to think that the AFL CIO would fight against immigration (assuming you can even deduce that from the chicken shit stats you provided above) when immigrant labor, as it stands, is used strategically by greed driven corporations all of the time to undermine US worker’s rights and is one of the many tactics in their arsenal of bad faith used to suppress wages (along with sending jobs overseas where they aren’t beholden to labor/environmental rights or pesky unions and can instead bribe officials and enslave poor people to their heart’s content,) gotta love that wonderful capitalist efficiency baby!

And while we’re at it, you realize unions are democratically organized right?

Corporations are not.

Leadership at AFL CIO are beholden to what was it you said in your copy pasta? “13 million members”? These 13 millions members aren’t all libruls and I argue it’s a big enough sample size that they will reflect the views of the country as whole, which, happens to be America. A country notorious for its systemic racism, fervent anti immigration sentiment and straight up xenophobia.

What you listed are examples of a union doing exactly what a union is supposed to do, fight for the interests of their members, whom by the way, get to vote on these things and vote on their leadership which is a hell of a lot more power and control than they have without a union in a corporation where it’s the owner’s way or the fucking curb to starve another day.

Unfortunately all of the shit you’re listing in a feeble attempt to gish-gallop your way through YOUR OWN CLAIM that unions are evil, is only shocking if you’ve bought into the propaganda that unions “kill business innovation and productivity” and you definitely don’t want to be a part of them or even allow yourself to think critically about why they even need to exist.

The overwhelming fact (which you can only deny if you’re intellectually dishonest and willfully ignorant) is that time and again all of the research points to the same thing; Unions objectively improve the working conditions for all workers and they reduce income inequality. The strongest, most egalitarian democracies all have two things in common, strong unions and strong safety nets.

Stop willfully burying your head in the sand and stop making shitty arguments in bad faith.

Be best dude.

>Why are unions evil? While we’re at it, what do you think the purpose of a union is?

They make hiring/firing much more difficult and increase total unemployment. Simply, labor rigidity on steroids. Secondly, they are deeply rooted in protectionist politics and make further productivity increases difficult. Look how difficult it's to remove tariffs, automate ports, and make shipyard competitive. They also have a history of racism.

Let's take a look at America's largest union. Almost 13 million members.

1862 Labor unions helped pass Anti-Coolie Act.

1882 The AFL and the Knights of Labor helped pass the Chinese Exclusion Act.

1885 Knights of Labor helped pass the Alien Contract Labor Law.

1892 Labor unions helped pass the Geary Act, requiring Chinese immigrants to carry residential permit.

1897 The AFL leadership came out in favor of literacy tests for immigrants.

1902 The AFL helped extend the Chinese Exclusion Act without a sunset clause.

1918 The AFL demanded that wartime exemptions for Mexican migrants be dropped.

1919 The AFL officially voted to oppose immigration from Mexico, Europe, and Asia.

1921 The AFL "were instrumental" in helping pass the Emergency Quota Act.

1924 The AFL and other labor unions helped pass the Japanese Exclusion Act. They also tried, but failed to add Mexico to the list of country subject to this.

1934 West Coast labor unions helped passed the Filipino Exclusion Act.

1965 The AFL-CIO lobbied to lower the immigrant quota in the Immigration and Nationality Act, which restricted western hemisphere immigrants for the first time.

1960s United Farm Workers marched to end the Mexican migrant workers program.

1965 United Farm Workers provided information about illegal immigrants to immigration services so they could be removed.

1974 United Farm Workers paid 300 members to patrol the border and intercept illegal immigrants, and bragged it helped deport over two thousand workers.

1979 United Farm Workers denounced immigration services in a Congressional hearing for not deporting enough illegal immigrants.

1986 The AFL-CIO successfully lobbied for legislation that sanctioned employers who employed illegal immigrants.

1998 The AFL-CIO opposed efforts to raise H series visa limits.

2003 The AFL-CIO lobbied for limits on H-1B and L-1 visas.

2007 The AFL-CIO successfully helped killed America's last real chance of immigration reform that would have included a pathway to citizenship due to the inclusion of the guest workers program.

2021 The IFPTE (an affiliate of the AFL-CIO) lobbied Congress to restrict H-1B visas.

> what do you think the purpose of a union is?

To maximize benefits for their members. That's it. Historically you could claim safety, etc. Not really the case anymore. They hurt the poorest members of society to prop up the middle- upper middle class workers.

If you want to help the poorest members of society. Having no minimum wage or labor unions and a welfare check that's funded by non-distortionary taxes is more efficient (less deadweight loss) than a minimum wage that provides equivalent value, since it acts as a price floor for labor. Or labor unions which make hiring/firing far more difficult. Take a look at the high unemployment rates of Southern European countries. They have among the most rigid labor markets in the world. Labor unions aren't the solution.. you shouldn't let emotional and populist grievances drive public policy.

Good deals now : sbux, Mmm, Tgt. Afl.. Actually most stocks are a deal now.. -Oversold Market

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1

U.S. and Western officials have been exploring efforts to build temporary silos in Ukraine and other nations as a means to quickly scale up grain storage capacity in Ukraine.

President Joe Biden said Tuesday that the U.S. will build temporary silos on Poland’s border with Ukraine to facilitate the export of grain out of the war-torn nation and address surging food prices amid Russia’s invasion.

“We’re going to build silos, temporary silos in the borders of Ukraine, including in Poland. So we can transfer [grain] from those cars into those silos into cars in Europe and get it out into the ocean, and get it out across the world. But it’s taking time,” Biden said in a speech at the AFL-CIO convention in Philadelphia, where he discussed potential solutions to rising food prices across the country.

U.S. and Western officials have been exploring efforts to build temporary silos in Ukraine and other nations as a means to quickly scale up grain storage capacity in Ukraine, where a Russian naval blockade is holding back more than 25 million tons of grain from the world food supply. Russia’s blockade in the Black Sea has upended global trade routes while threatening to financially strangle Ukraine and deepen hunger crises around the world. In the next month, Ukrainian farmers will start harvesting the summer wheat harvest, but won’t have anywhere to store it, Ukrainian officials have warned.

U.S. officials and lawmakers are also worried that food shortages, along with rising fuel and food prices, could spark mass starvation, political unrest and migration across parts of Africa, the Middle East and, possibly, Central America, in the coming months.

Biden said Tuesday that the grain can’t be shipped out through the Black Sea “because it’ll get blown out of the water” by Russia’s naval blockade. The U.S. for now has ruled out sending military ships into the region, which would risk Russian retaliation.

Biden noted the U.S. has been working on a plan to export the grain through other countries by rail but acknowledged the overland routes are rife with logistical problems. Rail routes can only move a fraction of the grain that Ukraine normally exports from its Black Sea ports and Ukrainian trains operate on a wider rail gauge than that used by the rest of the tracks in Europe. Biden suggested building silos is a better option for now and could help Ukraine buy some time.

It was fine until the war started. We would have a little due to the supply demand problem which was caused by the shutdown. https://m.facebook.com/story.php?story_fbid=pfbid0At6eDmiN1Lq89HsehwWSCLP3icNNzkrzAazEGFFTfJBmcZv8gXhVTCd5rJGmSmAfl&id=100000856925732

Washington Commanders? lmfao when the fuck did this happen? I thoughts they were talking about some indoor or an afl team.

WM, BTU, EPD, PG, GOOGL, AFL, HD, V, CPB, and BRK.b

The problem is that a union’s fundamental business model is rent seeking. The more powerful they become, the more they entrench themselves in government, and the harder it is to replace them. This results in massive economic inefficiencies that benefit a few union workers at the expense of everyone else in society and on Earth (including members of different unions).

I mentioned the UAW. The reason they became so powerful and corrupt is because currently the main purple voters in the main swing states are rust belt union members. The voted Obama, then Trump, then Biden. They get enormous subsidies and bailouts for their industries and enact powerful tariffs on competitors. Steel, fracking, coal, etc. are all protected by unions. Even though there are far more green jobs, union workers are a major opposition group. This is partly why ideas like Green New Deal haven’t gained much traction.

Here’s a podcast interview with the head of the AFL-CIO. Personally, I think the biggest knowledge gap in the US is that economics is a college level course that most students don’t take. This means most college students and almost all high school graduates in the US have never taken the subject. Basic economic ideas get turned into good and evil debates, even though most of the time it’s like blaming your neighbor for the weather. This creates an incredible opportunity for charlatans to take advantage of people. Union leaders aren’t the worst (megachurch pastors are the worst), but they’re close.

Oh, and UBIs aren’t that hard to pass. Sovereign wealth funds like Norway’s Oil Fund already work this way. Perhaps unions had a place in the past (like the mafia), but now money can go directly from companies to individuals with less need for unions and politicians along the way. But politicians (Republicans and Democrats alike) will do everything possible to slow this down.

https://freakonomics.com/podcast/do-unions-still-work/

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