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The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

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Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#191

Post by kevin_thibedeau »

autoexec wrote: post #187
kevin_thibedeau wrote: post #169

Earlier quoted context omitted.

Al Franken has related the difficulty he had convincing Democrats and Bernie Sanders to sign on to fighting the Comcast Time-Warner merger until they determined it was beneficial to themselves to oppose it.

Do you have a source for that? I'm curious to learn more about how hard it was to convince Sanders that the merger was a bad idea.

This podcast mentions a summarized version of the story at the beginning with an impersonation. I remember another, maybe later on in the interview portion, where he explicitly called out Sanders' reluctance.

https://www.youtube.com/watch?v=pywbCckzH2o

Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#192

Post by john_strinlai »

weaksauce wrote: post #186
john_strinlai wrote: post #90

Earlier quoted context omitted.

i am saying the fine should exceed the ill gotten gains. so, they would not get the benefits

yeah, I'm in agreement with you. other crimes the ill gotten gains are taken back and additional penalties are levied against the perpetrator. just saying why should these crimes be treated any different?

i think i read your comment in defense mode, and interpreted it incorrectly!

Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#193

Post by autoexec »

gruez wrote: post #92
b3ing wrote: post #70

Earlier quoted context omitted.

But you can deny life saving treatments if you are a health insurance company

That's their job? It's not even limited to private insurance companies. Public health systems have lists of what is considered good value for money too, even if the treatments themselves are theoretically life saving. The US is the biggest market for new and rare drugs specifically because other countries consider the prices too high.

> That's their job?

Denying their customers claims for healthcare coverage they are entitled to under the plans they pay for is the opposite of their job. Healthcare companies just keep doing that anyway because it makes them more money when their customers are too sick, stressed, exhausted, or eventually dead to fight the wrongfully denied claims.

People die because of this, but the insurance companies don't care because it makes them more money when they refuse (at least initially) to provide the services they were paid to deliver. United Healthcare alone was wrongfully denying claims over 90% of the time.

The health insurance industry is filled with serial killers who are happy to kill in exchange for money.

Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#194

Post by krapp »

yieldcrv wrote: post #125

> Trump let big egg producers off the hook for what looks like a brazen multi-year conspiracy. Still, egg prices did drop as a result of the investigation. I honestly hate how Presidents are attributed to market functions I hate how partisans do that pretty religiously while the state functions pretty autonomously in parallel, the investigation and multi agency actions helped crater the price of eggs very quickly But…

One of the more common reasons I've seen cited for people voting for Trump is that they blamed Biden for high egg prices. Giving people a scapegoat is always effective.

Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#195

Post by yieldcrv »

krapp wrote: post #194
yieldcrv wrote: post #125

> Trump let big egg producers off the hook for what looks like a brazen multi-year conspiracy. Still, egg prices did drop as a result of the investigation. I honestly hate how Presidents are attributed to market functions I hate how partisans do that pretty religiously while the state functions pretty autonomously in parallel, the investigation and multi agency actions helped crater the price of eggs very quickly But…

One of the more common reasons I've seen cited for people voting for Trump is that they blamed Biden for high egg prices. Giving people a scapegoat is always effective.

I’ve seen the opposite, where Trump is blamed despite not being inaugurated by the peak

It is effective

Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#196

Post by tombert »

gruez wrote: post #100
lelandfe wrote: post #93

Earlier quoted context omitted.

It does permit something individuals don’t have: the internal investigation. The internal investigation has determined that our CEO had no knowledge of this, and that the bloody pig mask was all the idea of the people who make less money, and also we fired the CEO for unrelated reasons.

>The internal investigation has determined that our CEO had no knowledge of this, and that the bloody pig mask was all the idea of the people who make less money, and also we fired the CEO for unrelated reasons. That's exactly how the criminal justice system should work? If you can't prove a particular person is responsible, you don't have a case. That's exactly why they prosecuted the company as a whole instead, bec…

The issue is that an internal investigation is not an impartial source.

I agree, in this hypothetical if there's no evidence the that the CEO committed a crime he/she shouldn't go to jail. But considering that "internal investigators" are likely hired (directly or indirectly) by the CEO, are likely shareholders in the company, they have little incentive to fully investigate.

The police certainly aren't perfect, but they at least have less of an incentive to lie about this.

Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#197

Post by feoren »

JKCalhoun wrote: post #138
throwway120385 wrote: post #137

Earlier quoted context omitted.

The major egg supplier for most of the grocery stores decided not to buy as many pullets to replace the ones they culled from Avian Flu, and then the second and third largest also followed suit. As a result there was a bug supply crunch that coincided with Avian Flu cullings. Unless Biden was there making command decisions about how many pullets to buy that year he had nothing to do with it.

Not disagreeing, but all I heard was Biden-flation (or whatever they called it) was why we needed a new President.

> all I heard was Biden-flation

Listen to different sources then. It's weird to complain that when you listened to overt pathological liars, all you heard were lies.

Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#198

Post by gruez »

tombert wrote: post #196
gruez wrote: post #100

Earlier quoted context omitted.

>The internal investigation has determined that our CEO had no knowledge of this, and that the bloody pig mask was all the idea of the people who make less money, and also we fired the CEO for unrelated reasons. That's exactly how the criminal justice system should work? If you can't prove a particular person is responsible, you don't have a case. That's exactly why they prosecuted the company as a whole instead, bec…

The issue is that an internal investigation is not an impartial source. I agree, in this hypothetical if there's no evidence the that the CEO committed a crime he/she shouldn't go to jail. But considering that "internal investigators" are likely hired (directly or indirectly) by the CEO, are likely shareholders in the company, they have little incentive to fully investigate. The police certainly aren't perfect, but t…

> But considering that "internal investigators" are likely hired (directly or indirectly) by the CEO, are likely shareholders in the company, and so they have little incentive to fully investigate.

Right, but no prosecutor is like "well the CEO had an internal investigation so we're not going to investigate"

Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#199

Post by tombert »

gruez wrote: post #198
tombert wrote: post #196

Earlier quoted context omitted.

The issue is that an internal investigation is not an impartial source. I agree, in this hypothetical if there's no evidence the that the CEO committed a crime he/she shouldn't go to jail. But considering that "internal investigators" are likely hired (directly or indirectly) by the CEO, are likely shareholders in the company, they have little incentive to fully investigate. The police certainly aren't perfect, but t…

> But considering that "internal investigators" are likely hired (directly or indirectly) by the CEO, are likely shareholders in the company, and so they have little incentive to fully investigate. Right, but no prosecutor is like "well the CEO had an internal investigation so we're not going to investigate"

I feel like that is exactly what happens for anything but the most serious crimes. Keep in mind, a lot of internal investigations are not reported to the public and we never hear about them. Part of the reason that they're "internal" is so that they stay internal; we only hear about ones that leak.

Even for very serious crimes (e.g. sexual harassment or assault) these internal investigations end up being "sufficient", and the police don't bother.

Re: The Egg Bandits Made a Thousand Times the Fine They Just Paid for Price Fixing

#200

Post by culi »

autoexec wrote: post #175

I've known about Cal-Maine's scammy practices for years. It's difficult to know which brands are associated with a group like Cal-Maine, but I did my best at one point to get a list which I still check before buying eggs. The brands I've been avoiding are: 4Grain Cage Free Egglands Best Farmhouse Eggs Land O'Lakes Fassio Egg Farms Southwest Specialty Eggs LLC Rocky Mountain Eggs Meadowcreek Foods Specialty Eggs LLC R…

Cornucopia Egg Scorecard focuses on ethical treatment of hens but is sometimes a bit more expansive than that too. A convenient list of good eggs

https://www.cornucopia.org/scorecard/eggs/

All the brands you listed that I could find on their list seem to have the lowest scores.

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