Everything posted by GCrites
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Ohio: General Business & Economic News
Oh, Columbus is extremely dependent on payroll/income tax with 76.6% of city revenue coming from them. Property taxes are only 5.9% despite being very high for the taxpayer. https://www.bizjournals.com/columbus/news/2020/03/20/dependent-on-income-tax-columbus-city-budget.html Dublin is at 94% income and Groveport is about that as well.
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Ohio: General Business & Economic News
I do know that Columbus and Cincinnati have some of the highest numbers of fast food restaurants per capita in the U.S. and by proxy, the world.
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Coronavirus Effects on Ohio Construction & Development
Far more space was dedicated to the stereo than the TV. I still have one of those big stereos with components ranging from 1984 to 2007. The CD player is from 1984 and it sounds incredible.
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Ohio Music
Portsmouth was INSANE with punk in the late '90s/early 2000s when I lived there. 60%+ of bands were punk, maybe 75%.
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Coronavirus Effects on Ohio Construction & Development
I still have this segment about ceiling fans sitting on VHS somewhere mere feet from me: For some reason a lot of people in the '80s feel that they were storing compelling content by taping the Weather Channel, myself included. Anyway, I can't help but feel that running fans is about the worst thing you can do to promote the spread of COVID-19.
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Ohio Music
That open door to the Budweiser/Bud Light cooler and its bright lights is super distracting.
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Coronavirus Effects on Ohio Construction & Development
I actually despise houses like this. So much of that stuff was built in towns like Chillicothe, Lancaster, Portsmouth, Gallipolis and even Columbus between 1895 and 1928 that's they're throwaway. I call it "'20s Crap". They may have been built well initially, but their plumbing, electrical, plaster and roofs were so ignored for so long that they're garbage. They spent decades as rentals so they have paint one inch think and often smell like dog so bad that you don't even want to deal with them. Trim is jagged as hell by now and nearly 100% made of white paint. They have no interior architectural flair, are often bent, have dirt basements, windows suck, furnaces are are cash vacuums, the floors creak horribly and they are so oversupplied that they aren't worth anything. Additions are trash, they don't have garages and if they do they are leaky, have no electric and on the border of collapse. They have those stupid "driveways" made of two 10" strips of concrete. Most of them aren't even close to businesses; they lie in residential-only neighborhoods. They are they trash sprawl of 100 years ago. And how did so many Appalachian males key into the Phil Anselmo look that quickly in 1993?
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Columbus Brewery / Beer / Alcohol News
That's what's making it tough for destination restaurants to survive on carryout though. They normally draw from all over the region but now are only getting people from less than 15 minutes away. People pass 10 McDonald's and 4 BW-3s to get to them.
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Columbus Brewery / Beer / Alcohol News
I'm not sure how well cocktails are going to age during their journey from the Short North to Lewis Center. Probably about as well as the high-quality destination restaurant food with it will.
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Air Pollution
I wouldn't be surprised if the peak of average air quality in the U.S. was the late '90s. Cars and industry had cleaned up significantly yet the number SUVs/bigass trucks was far lower, the last big round of sprawl was yet to come and the massive increase in semis on the road since then hadn't happened. The late '90s is a number you hear thrown around a lot, really.
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Air Pollution
The parts of town with the wires aren't nearly as big of a part of the Dayton RTA as without them since the economy got pulled out to 675.
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Air Pollution
Yeah, very clear outside. Everything looks sharp and well-defined. I don't think I've ever experienced this honestly. The closest I'd say was playing against Vinton County HS in tennis a couple times in the '90s. If you get too close to the Ohio River things get smoggy again. The only time I've been out West was L.A. Western Virginia is about the only other place I've been that's maybe like this.
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US Economy: News & Discussion
Tons of computers programmed to buy the dips
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The Great USA / World Photo Thread
What is that long building in the foreground?
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Personal Finance / Investing Thread
^^One issue that I faced when I got out of business school was that I was so sick of reading about it and just wanted to do it. When I'd pick up a business magazine or paper it was disinteresting to me since they were so soft and ambiguous as compared to the hard stuff in textbooks. Something I didn't realize at the time was that business is so HUGE as compared to the magazines I was used to reading. I had grown up reading dirt bike, R/C car and guitar magazines. If you read a dirt bike or R/C car magazine for a year or two you learn everything you can for awhile from them while afterward it's just for product updates and entertainment. With a guitar magazine it's more like 5 years. On the other hand, business is for life and there's no way to break it down into the meal-size portions of an enthusiast magazine. You're stuck with bite-size pieces. All you can do is get your business papers every week or go to their websites on a regular basis. Farming magazines and papers are the same way. Anyone can get the basics down even without school. But, much like the English language, to go deep and pick up on all the subtitles and nuances that it takes to be actually good at it is going to take much longer. The guitar magazine can teach you to play a Judas Priest song pretty quickly, but I'm still picking up on new playing nuances inherent with that band 25-35 years after I first heard the songs. And that's why startups made by noisy people in their 20s statistically are almost always trash while new companies started by people nearing retirement age have a much higher success rate -- regardless of funding since those 20s tech bros really love to pound the pavement and do get funded irresponsibly.
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Personal Finance / Investing Thread
Did you know... the Spinal Tap Stonehenge thing really did happen to Black Sabbath (but in reverse) right around the time Spinal Tap came out? Their Stonehenge rocks were supposed to be 9 feet but came in at 9 meters. Here it is from the Born Again tour: There is no way that mistake didn't add thousands and thousands of dollars to the cost of the tour.
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Personal Finance / Investing Thread
People who went to college for business only want to go into the financial sector since everyone told them to and it is heavily romanticized. Humanities majors can also be good at it due to their attention to detail but they, understandably, don't want to do logisitcs either.
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Personal Finance / Investing Thread
^American companies tend to be so supply oriented that they often wind up sitting on way too much inventory due to fear of losing sales to being out of something or to buy enough to score a "deal". There's often a tendency of Americans to think if they are out of something that a person asks about that the people were ready to buy right now when in reality life is full of tire-kickers and people who like to memorize prices. This over-emphasis on supply can be seen with the Big 3 automakers (constantly), Atari in the '80s and late-2000s to 2010s Gibson for example. They have no sense of the scarcity ploy that Nintendo have become masters at... just check current prices of Nintendo Switches on the secondary market. Hint: you have to click on the listing because Amazon is out and doesn't want to expose how high they've gotten https://www.amazon.com/s?k=nintendo+switch&ref=nb_sb_noss_1 edit: Note that the toilet paper companies are not like this. In that business demand was so steady that there was no need for overproduction especially due to the low money density of the product. That's how we got a month into this and still no toilet paper.
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Personal Finance / Investing Thread
Ask a Dow follower what happens if 3M shoots to 100,000 and the rest go to $1 Whooeee look at that Dow!
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Personal Finance / Investing Thread
Anybody who only pays attention to the DJIA isn't getting the full picture regarding the whole economy vs. The Market, that's for sure. A price-weighted index of only the 30 largest companies can't do that. If you want the almost the whole market, follow Dow Wilshire 5000 or at least do S&P 500 if you want to take out the volatility of the small caps. What's good for Amazon isn't what's good for the country.
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US Economy: News & Discussion
Also a lot of stuff was in the "wrong place" for what's going on now.
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Weird Real Estate Listings
Bringing back the floor TV!
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Coronavirus Effects on Ohio Construction & Development
But the old kitchen and bath are DATED
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Personal Finance / Investing Thread
Jake, I'm going to tell you something that you may not want to hear but I feel like we have enough rapport that it won't be that big of a deal: All that time you spend working at additional blue-collar jobs in order to make another $35 a day might be killing your ability to make a lot more and not have to deal with all of these out-of-hand unskilled laborers all day. I struggle with the same thing; I can't go to Columbus professional networking events that could get me out of this since I'm always leaving Lancaster (or until recently, Dayton) at 6pm or later hungry as hell and much of the good stuff is in Dublin, Worthington or whatever. Most Downtown networking events are at lunch. And even if I could network at them, I gotta tell them that I can't close or sell the store for another year at the earliest. It's a viscous cycle.
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Personal Finance / Investing Thread
And working 'til midnight is still sh*t hours. That's why the pizza guys get so cracked out on video games since the games can take place at anytime, anywhere in any weather. Anything where you're working after about 8pm and you can't participate in society. It's like a permanent Covid-19.