"Inflation is coming down"

[Zoe]

I heard this morning that chicken is down 4% from last year. Beef is up 11%. Not triple or quadruple like Trump stated in a debate on food costs. He might should have consulted his food cost economist before stating an obvious lie. One of many. LOL

I have heard like with a pathological liar, that they begin to believe their own lies.

 

[Zoe]

I think 90% of the burgers we ate in school were soybean. Maybe 10% beef, 90% soybean. If you have never been to like a slaughter house where they auction off cows, it would scare you. They literally buy cows that look sick and barely moving. They don't care.

 

[Zoe]

I think pork is down too this year in food costs. I am just going on local prices. I only buy meat pretty much when Kroger is running a weekly deal. My kids just bought ribeye at Kroger for $15.99/lb.

I don't give that. I wait til the special of like $8.99 or $9.99/lb and freeze it. Kroger has good beef. Aldi does too. Walmart not so great imho. Kroger have run baby back pork ribs for like $2.99/lb sometimes lately on special. Of course your paying for bone there. I don't eat the bones. I don't give them to my dog either. LOL

Local vet says he has had to perform many surgeries on dogs from a bone lodged in their digestive tract. My dog gets fake bones. She is strong chewer. Nylabone is a good option. She gets the store bought treats when she goes to potty outside.

 

[Zoe]

Overall inflation cost on food is not triple or quadruple like Trump claims. Actually decreased in last year. Look at this:

Food price inflation, 1913→2024

This calculator uses the official Consumer Price Index for Food from the U.S. Bureau of Labor Statistics. Food costing $20 in 1913 would cost $664.45 in 2024.

www.in2013dollars.com

Remember there is a trade war going on with fast food right now.

They are offering deals at the moment. Trump is proud.

None the less, we got our protein from the soybean burgers in school. LOL

 

[RCA]

Musk not very smart in real estate. We did he buy so many homes and not live there?
Oracle Ellison bought Hawaiin properties even an island. I heard Zuckerberg bought property in Hawaii.
Bezos bought a piece of property in Maui. I know where it's at having been near there and it ain't a good location for a mansion. Rather isolated and dreary.

You certainly don't know the details of his decision, nor do I. However, SpaceX is in Hawthorne, CA, down by LA and Vandenburg Air Force Base. Tesla is in Palo Alto and Fremont. I've worked at both Tesla in Fremont and Tesla in Palo Alto, -- and considered a job offer at SpaceX in Hawthorne. Only Palo Alto really appealed to me because it was relatively accessible from my home in Pacifica. [They actually wanted me to work in Fremont, because I was working on their manufacturing software - and my insistence on working in Palo Alto eventually was a problem. I had absolutely no interest in moving to Hawthorne. And besides, to top things off, Tesla pay is almost always a cut below other companies in the SF Bay Area.]

So, anyway, Elon is hopping around between these various companies and has a lot of relatives to tag along. His brother runs the Solar end of things - which at one time was headquartered in San Francisco - and I interviewed there once.

Anyway, he had two big estates in the LA area and one expensive one in Hillsbourough. The others, I don't know about. To have that much money tied up in real estate with a looming earthquake, is you must admit, a bit scary. I would say the time came to sell and move out of the state - as much as possible. That would be my decision. But of course, we don't know what his thinking really was here. There are many reasons we can conjure up for trying to reduce his dependency on California. ....

Me, I don't have a large company to worry about. If there is a large earthquake and my wife and I are cut off from the world for a couple of yeas, we figure we an get by. If the Comcast/Xfinity falls out of service, I will get Starlink - and we can get a generator for additional electricity. So, I have no plans to move - and I am about 1/2 mile from the San Andreas fault. - And the chances of major damage in any one specific area, are really not that great. We just cross our fingers and hope for the best (besides, I know at least part of my foundation is setting on hard rock....)

 

[OSU Beavers]

https://www.newsmax.com/finance/streettalk/oil-gas-prices/2024/07/01/id/1170772/

 

[Fernando]

did the calif poor actually think that raising to $20 minimum wage would get them more buying power. well, the progressive make them believe so, so vote for us then.
"Five Guys prices are out of control," the user exclaimed alongside the Reddit-sourced image. "$24 for one person." The bill detailed a $12.49 charge for a bacon cheeseburger with ketchup and mustard, a regular soda at $2.89, and a small fry costing $5.19. After-tax and tip, the grand total hit $24.10.

fern, you insurance doesn't cover earthquakes. think about adding that on, might not be that $ bad and for sure, you to stay wealthy after one hits.

Earthquake insurance is ridiculously high. Doesn't make cents. FEMA will provide aid.

 

[Fernando]

You certainly don't know the details of his decision, nor do I. However, SpaceX is in Hawthorne, CA, down by LA and Vandenburg Air Force Base. Tesla is in Palo Alto and Fremont. I've worked at both Tesla in Fremont and Tesla in Palo Alto, -- and considered a job offer at SpaceX in Hawthorne. Only Palo Alto really appealed to me because it was relatively accessible from my home in Pacifica. [They actually wanted me to work in Fremont, because I was working on their manufacturing software - and my insistence on working in Palo Alto eventually was a problem. I had absolutely no interest in moving to Hawthorne. And besides, to top things off, Tesla pay is almost always a cut below other companies in the SF Bay Area.]

Students who intern with Tesla doesn't have much good things to say. My niece summer intern there and she never talk about it.
She moved on to another big company in Seattle.

So, anyway, Elon is hopping around between these various companies and has a lot of relatives to tag along. His brother runs the Solar end of things - which at one time was headquartered in San Francisco - and I interviewed there once.

He wasted his money in buying his brother's company and shareholders cost. That bad decision caused me doubts in investing in Tesla stocks. Elon makes stupid decisions like Twitter but also smart ones. If he was more stable, he would have more investors.

Anyway, he had two big estates in the LA area and one expensive one in Hillsbourough.

I haven't kept up to date. Has he sold his home in Hillsborough?
I wonder since he has 12 children, are they spread out throughout US. Nice to have home to stay and visit his offsprings.

The others, I don't know about. To have that much money tied up in real estate with a looming earthquake, is you must admit, a bit scary. I would say the time came to sell and move out of the state - as much as possible. That would be my decision. But of course, we don't know what his thinking really was here. There are many reasons we can conjure up for trying to reduce his dependency on California. ....

A home doesn't generate income if not rented. Trump converted his MarLago from domicile to country club because upkeep was $3 million a year. If he had kept it as a home, it would be worth more today than his current country club.

Me, I don't have a large company to worry about. If there is a large earthquake and my wife and I are cut off from the world for a couple of yeas, we figure we an get by. If the Comcast/Xfinity falls out of service, I will get Starlink - and we can get a generator for additional electricity. So, I have no plans to move - and I am about 1/2 mile from the San Andreas fault. - And the chances of major damage in any one specific area, are really not that great. We just cross our fingers and hope for the best (besides, I know at least part of my foundation is setting on hard rock....)

I never worry about major earthquake here. Not gonna happen in my lifetime since 1989.

 

[Terrel L. Shields]

I think 90% of the burgers we ate in school were soybean. Maybe 10% beef, 90% soybean. If you have never been to like a slaughter house where they auction off cows, it would scare you. They literally buy cows that look sick and barely moving. They don't care.

You don't buy cows at a slaughter house...city boy. And yes, old cows get turned into burgers because they don't have as much fat. "Downers" are not legally allowed to be sold for human consumption.

 

[RCA]

Students who intern with Tesla doesn't have much good things to say. My niece summer intern there and she never talk about it.
She moved on to another big company in Seattle.

He wasted his money in buying his brother's company and shareholders cost. That bad decision caused me doubts in investing in Tesla stocks. Elon makes stupid decisions like Twitter but also smart ones. If he was more stable, he would have more investors.

I haven't kept up to date. Has he sold his home in Hillsborough?
I wonder since he has 12 children, are they spread out throughout US. Nice to have home to stay and visit his offsprings.

A home doesn't generate income if not rented. Trump converted his MarLago from domicile to country club because upkeep was $3 million a year. If he had kept it as a home, it would be worth more today than his current country club.

I never worry about major earthquake here. Not gonna happen in my lifetime since 1989.

== Earthquake ==

The earthquake could happen anytime at any strength. It is a question probability and degree. It's a throw of the dice. However, the probabilities do not look good at all. There is a 51% chance of a 7.0+ earthquake occuring in the San Francisco Bay region by 2044.

California Earthquake Map - Fault Lines, Zones & Risks by County | CEA

Find out how close you live to an active fault and get details about how to prepare yourself for the next major earthquake. Get the info you need from CEA!

www.earthquakeauthority.com

== Elon Musk ==

The salaries at Tesla are really more than a notch below other companies in the area. People work there for the experience and a certain amount of fame and glory -- and you are working around some very smart people, depending on the area you are in.
Like most "genuises", Elon has special abilities - but is often unimpressive in other areas. I think his pickup design is atrocious. Often he sacrifices wealth for principle. That is risky of course. He often makes long term, but naturally risky actions such as buying Twitter.

Twitter Revenue and Usage Statistics (2024)

Twitter is a real-time microblogging platform, publicly launched in July 2006. At launch, its defining features were the tight limits placed on each post, known at a tweet. Originally, users could only use 140 characters, although that has been elongated over the years. Formed by former Odeo...

www.businessofapps.com

But, it's certainly not dead. If Trump becomes President, then that is probably a good thing for Musk.