Sunday, June 6, 2021

Someone Is Getting Rich

While I don't work with lumber directly, many of the people I do some work for are in businesses that rely on lumber as their primary raw material and with prices skyrocketing it is making life a little hairy for them. Lots of people are not getting rich but someone is and this guy thinks he knows who that might be....




This has the ring of truth to it. Cattle producers are having a tough time right now, at least the small and mid-sized ones, but that isn't making meat less expensive at the grocery. The big processors? They are doing great.

In lumber two of the five largest lumber companies are owned by billionaires, Archie Aldis Emmerson and the Koch brothers. These are the people who are rich and getting richer while normal people struggle. 

America has two separate economic systems, one for the connected and one for the rest of us. 

6 comments:

  1. Absolutely and just like small businesses all had to close while only the big stores like the WM of this world could be open. They're preparing a really nice world for all of us, the deplorables and useless eaters.

    ReplyDelete
    Replies
    1. They are going to find we are not as ready to get on the cattle cars as they thought.

      Delete
  2. I wonder if it is any coincident that here in the land of SPI, he is known as "Red" emmerson. I don't know if Gates has overtaken him bit he was the largest private landowner in the West.

    ReplyDelete
    Replies
    1. I think I read that he is number 2 now, after Gates.

      Delete
  3. Folks in commodity industries LOVE situations like this. Generation-level profits.

    ReplyDelete
    Replies
    1. Yep, meanwhile little outfits have to explain to customers why they raise their prices every month.

      Delete