this post was submitted on 28 Feb 2024
1053 points (98.3% liked)

memes

10206 readers
2399 users here now

Community rules

1. Be civilNo trolling, bigotry or other insulting / annoying behaviour

2. No politicsThis is non-politics community. For political memes please go to [email protected]

3. No recent repostsCheck for reposts when posting a meme, you can only repost after 1 month

4. No botsNo bots without the express approval of the mods or the admins

5. No Spam/AdsNo advertisements or spam. This is an instance rule and the only way to live.

Sister communities

founded 1 year ago
MODERATORS
 

alt-text: Woman ordering food (photo): “I would like to buy a hamburger for the same price that it was 2 hours ago.”

Cashier (sketched): “Sir, this is a Wendy's”

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 13 points 8 months ago (1 children)
[–] [email protected] 7 points 8 months ago* (last edited 8 months ago) (2 children)

The Onion Futures Act is a United States law banning the trading of futures contracts on onions as well as "motion picture box office receipts"

Lol. Wut?

[–] [email protected] 6 points 8 months ago (1 children)

in 1956 some guy sneakily trough shell companys and such stuff, used the futures market to controll 98% of the onion suply and screwed over a lot of people.

the onion futures act was the goverments absolute brilliant idea for a fix.

i have no idea what the box office receipts thing is about

[–] [email protected] 4 points 8 months ago

Yeah no, I get the Onion thing, it's usually taught in collegiate finance courses... but the Box Office thing threw me off. Apparently the MPAA lobbied to have it added. I am just amused that it's attached to Onion Law.

[–] [email protected] 2 points 8 months ago

From a couple minutes on Wikipedia, it was added to the law as part of Dodd-Frank in 2010, which overhauled the US financial system after the recession. The MPAA lobbied heavily on it