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Gepetto

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Gepetto last won the day on September 3 2021

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About Gepetto

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  1. Gepetto

    Here come the tariffs

    Scott Bessent is full of cow patties.
  2. Gepetto

    Here come the tariffs

    AI Overview The price of beef is high due to a combination of declining domestic supply, high demand, and increased production costs. A multi-year drought, coupled with rising grain prices, forced ranchers to sell off a large portion of their herds, leading to the smallest cattle inventory in decades. This shortage is occurring at a time when demand remains strong, and production costs for ranchers, including feed and fuel, have increased. Additionally, tariffs on beef imports and trade disputes have further constrained supply, preventing imports from offsetting domestic shortages. Declining domestic supply A severe drought and high grain prices in previous years forced many ranchers to sell off a larger-than-normal percentage of their cattle, including breeding females. This resulted in the U.S. cattle herd shrinking to its lowest level since 1951, creating a significant shortage of beef. It will take several years to rebuild the herd, as it takes about 18-24 months to raise a calf to slaughter weight. Because of high prices, ranchers are incentivized to sell their heifers for meat rather than keeping them to build up the herd, which is delaying the recovery of the supply. High demand Despite the high prices, demand for beef remains strong. Consumers are not significantly reducing their consumption of popular items like hamburgers and steaks. Increased costs and tariffs Ranchers are facing higher overhead costs for feed, labor, and fuel. Tariffs on imported beef from countries like Brazil and Australia have reduced supply, as imports have decreased and the domestic supply is already low. Some analysts argue that trade imbalances, such as the lack of market access for U.S. beef in countries like Argentina, also contribute to the problem.
  3. These scumbag criminals always resist arrest. Because they're guilty and guilty law breakers always fight back, because they're emotionally unstable and think they're special and privileged as well.
  4. "Hope is a good thing, maybe the best of things, and no good thing ever dies." "I hope I can make it across the border. I hope to see my friend and shake his hand. I hope the Pacific is as blue as it has been in my dreams. I hope."
  5. Gepetto

    Tim’s thread about anything but politics

    Timmay!
  6. I got a question. If you guys know so much about women, how come you're here at like the Gas 'n' Sip on a Saturday night completely alone drinking beers with no women anywhere?
  7. Gepetto

    Most likely never buy a house again.

    Yeah Nebraska #5. We pay extremely high property taxes though.
  8. @peenie why do you want this so much?
  9. Gepetto

    Hockenson

    I cut him for Colston Loveland who will be a backup for me except for to cover bye weeks.
  10. Gepetto

    Tim’s thread about anything but politics

    Why don't you like Ewoks? I think you should give them another chance. Have you seen the Mandalorian and Grogu trailer? Do you plan to see the movie in the theatre (next spring)?
  11. Gepetto

    Here come the tariffs

    I'm saying there's a chance the President is justified in some or all of his tariff decisions. I really don't know what he's trying to accomplish or who got in his head regarding tariffs and really could care less if the Supreme Court rules against him. The laws should be followed in the Supreme Court's decision. I'll let them decide and I will accept their decision as they know way more about this than I ever could or want to even try to learn.
  12. Gepetto

    Here come the tariffs

    While Congress had close control over tariff rates for the first 150 years of the nation's history, it has, since the 1930s, passed legislation that delegates significant authority to the President to negotiate and adjust tariffs under specific circumstances, such as for national security or in response to unfair trade practices by other countries. Nonetheless, all tariffs fundamentally originate from the authority granted to the legislative branch by the Constitution. Delegation of authority: Over time, particularly after the Great Depression and the Smoot-Hawley Tariff Act of 1930, Congress began delegating more authority to the President to negotiate trade agreements and adjust tariffs. Evolution of power: While Congress still retains the ultimate power to set tariffs, the President has been given the ability to act under specific laws passed by Congress, often as part of foreign policy and trade negotiations.
  13. Gepetto

    Another month of controlled inflation

    Inflation is much more under control under Trump. Here was the other choice's plan (begins babbling at 1:47 and then her plan begins at 2:30)
  14. Gepetto

    Stock Market bubble - will crash

    This is old news and you probably have seen it already but I'll post it here anyway, regarding Tesla stock back in March 2025. https://www.businessinsider.com/tesla-stock-price-decline-retail-investors-tsla-insider-sales-jpmorgan-2025-3#:~:text=According to Wu%2C the trading,stock%2C'" Musk added.
  15. Gepetto

    Mcdonald’s

    I gave them a $10 bill and got back $1, 2 dimes, and 3 pennies.
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