• 0 Posts
  • 21 Comments
Joined 1 year ago
cake
Cake day: June 12th, 2023

help-circle


  • The problem is that’s literally just money laundering?

    They are using a shell corporation and bullshit liscencing fee to cover over the fact that this transaction is and should be illegal.

    Like, the idea here is that the church is not allowed to donate to a political figure, so they’ve set up a shell corp in the middle. The church pays $60 to the shell corp, who sends back 30 cents worth of paper, and then passes on 59.70 to Trump as a “licencing fee”, which is obviously just going to be spent on his campaign.










  • Grocery stores know that when people are struggling to afford to eat, they try to save some money by going for the cheaper brands, which are typically owned by the store. Since the store control all the prices, they are able to jack up the price of everything, making their customers go “wow, food is expensive, better try to bargain hunt more”, and suddenly you’re not buying the competitor bread, now you’re buying Western Family / No Name, and they profit both from the price hikes AND because they grow their market share on first-party goods.

    https://en.wikipedia.org/wiki/Giffen_good

    It’s fucked up that they are allowed to both make AND sell the same products on the same shelves as their competitor’s goods, but that’s because our antitrust sucks.

    There is NO downside for the store when they make you starve, you still gotta eat to live so you’ll pay anything, and these things are all owned by the same handful of megacorps.