agman said:
Econ101 said:
~SH~ said:
Kindergarten Economics,
For being so factually unarmed, I have to admire your level of self confidence. You remind me of a jungle guide from Animal Planet comforting others that the trail is safe as the quicksand he just stepped in moves from his shoulders to his neck. LOL!
You are truly entertaining.
"The jury got it right, the jury understood it, ...............hahaha!
Your proof is so overwhelming.
~SH~
SH--, what is your favorite color? I want to make sure and get the balloon you want.
Thanks for the admiration.
You drowned in you own escapade of assumptions for which you provided no facts. You ran from a simple yes or no question regarding the legality of testing theories advanced to the court by falsely claiming I could not read. Mike answered the question correctly with a "yes". You hang onto your interpretation of the law while the appellate court was unanimous that from a legal perspective the case was not difficult and the plaintiffs lost on all counts. You claim Taylor's testimony as fact then fail to explain why the jury rejected his own calculation. Either Taylor's calculation was wrong or the jury got it wrong. which is it? You fail to acknowledge the legal pitfall Taylor created for himself when he admitted under oath that he failed to test his own theories for validity which is a legal requirement. You accept Cebull's abysmal and mostly copied opinion then chastise Judge Strom and the the Circuit Court of Appeals. You failed to answer the legal framework from which Judge Strom legally and correctly voided the jury verdict.
Furthermore, you claim you have submitted data to GIPSA which I do believe would be totally worthless. That submission of data from someone such as yourself who is was so absent fact that you had to ask a basic question on this forum regrading the decline in per capita consumption of beef. BTW, that process began long before marketing agreements and the level of packer concentration and meat industry integration we have today. Who would you blame for that? In your text book world of hypothetical do you even know that consumers exist?
You reference a variable in econometric models. How accurate was your data submitted to GIPSA if you failed to have a variable adjusting for the changing demand structure overtime. Your submission was plain junk, buried by what you don't know as opposed to what you always claim to know in your fantasy world. Taylor seemed to run into the same problem when he could not explain why no downward price bias exited in 1999-2000. Have you gotten that far in the transcript? How about the fact that beef demand began to improve during the fourth quarter of 1998 ending a nineteen year decline? Could that be an serious oversight in Taylor's work.
Last but not least you expect the sane world to believe your phone is or was tapped? You are such an intellectual that the whole world wants to know what you say. I am astonished that in your fairy tale world you forgot that the frog, which you have called me, turned into a prince.
In any question the person being asked should be able to have clarification of the question so that the answer matches what is being asked. If you can not ask an unambiguous question, I will answer it unambiguously even if that might tax your frog brain. Kudos to Mike for posting an answer from the trial transcripts, even if it does not match the answer you wanted. You are just trying to dance around the evidence again.
Taylor had to make a calculated estimate of the damages. An exact answer was not required nor necessary. Your wanting an exact number is like me asking you to give me an exact number to your calculation (which you boasted you could do but you never did) of pi. I could always say you were wrong because it is an irrational number, just like your arguments. Juries are not required to give exact numbers to estimated damages. They are asked a judgment question, and then give their best answer. That is just a stupid argument saying they had to say exactly what Taylor estimated. I personally think it should be revisted and raised if warranted. Since I did not see his calculation along with all of the discovery, I will leave that decision where it belongs. I believe that parts of the trial transcripts (which includes interrogatories) were presented which showed that Taylor tested his numbers some 140 times. I am sorry that you can not understand that answer. Do you understand? Yes or no, please.
As far as Cebull's decision, I never read it. This is the second time I have told you that I have not read it. If I didn't make any statements as to Cebull's opinion, why do you keep bringing it up with me? Is this another one of those diversions? Fish? Diverticuli? Get out of your fantasy world on bringing up this with me. Why do you constantly want to dance with me on this one? I am not interested at this time.
As far as the years in question where you say there was no downward price bias in 1999-2000, so what? There should not have been a downward price bias the other years either if the packers were not taking advantage of their marketing power with these agreements. I have never said the agreements were the wrong doer-- the packers were by discriminating against the cash markets to their advantage. You do not have to use a legal gun for illegal activities like robbing a bank, but when you do, you become a felon. It doesn't matter that you owned your gun legally. If you misuse it, you become the felon, not the gun. If IBP did not use their marketing power to extract price concessions during 1999-2000, then they should not have to pay a penalty for it. I do not think that the plaintiffs claimed that to be the case, and that shows they have a little more integrity in what they ask for than you. At least they do not dance around facts trying to make them into an argument that does not make sense. Kudos to Taylor for not making up evidence. It was always only your supposition that captive supplies HAS to be translated into abuse. Stop trying to dance around the arguments, Agman.
BTW, often times I will, and I hope others do too, ask a question I know the answer to. It helps people see the landscape. It is not a trick of my factual knowledge like you use it. Murgen uses it well to get people to think of other paradigms that tunnel vision people like yourself are wrapped up in. Industry facts are important, but thinking about them are more important. I wish your ability to think was not so narrowly focused and self congratulatory.
Taylor's work was not one that was to show the beef cycle or consumer buying cycles. It was to see if producers were being discriminated against unfairly. The jury believed that they had. 1.28 billion is a huge verdict. That shows how much they believed it. Since the price depression that "captive supplies" forced on the market went to consumers, maybe some of the jury thought that Tyson should not be punished with the whole figure. Since they played robin hood with the money, maybe they thought that they already gave some of the money back. I don't know, and neither do you. It was not one of the questions posed to the jury at the end of the trial or they just did not want to answer the question.
Last of all, I do not care if you believe my phone was tapped or not. It is totally immaterial what you think on this issue. I do not consider myself an intellectual, but thank you for the compliment. I can think, however, and that thinking does not have to be your biased world view. To consider yourself as sane and part of another world does shed some light into your morse code martian theory. Maybe you are closer to Kafka than I thought. I don't know whose prince you would be, however. Maybe you would be Prince of the Dancing Frogs.