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Elizabeth Warren’s Batty Plan to Nationalize . . . Everything

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posted on Aug, 17 2018 @ 09:16 PM
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a reply to: ketsuko

yet krazyshot, a prolific poster is not aware




posted on Aug, 17 2018 @ 10:50 PM
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originally posted by: BlueJacket
a reply to: ketsuko

well thx for distilling what I said


It wasn't so much me doing that as being amazed that anyone could make the statements they are about how awesome it would be to have the bottom of the structure run the show when there is an awesome example of why that wouldn't work staring them right in the face right here in the example of this forum.

Nothing would ever get done!



posted on Aug, 17 2018 @ 11:23 PM
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Warren's act does not hold corporations accountable to the politicians as your OP states, but to their stakeholders - which includes their employees.


The charter tells company directors to consider the interests of all relevant stakeholders — shareholders, but also customers, employees, and the communities in which the company operates — when making decisions. That could concretely shift the outcome of some shareholder lawsuits but is aimed more broadly at shifting American business culture out of its current shareholders-first framework and back toward something more like the broad ethic of social responsibility that took hold during WWII and continued for several decades.


I know Republicans like the idea of holding people accountable for their actions, and since corporations are people now, it is time to hold them and their executives accountable as well. Not to politicians, but to stakeholders.


Business executives, like everyone else, want to have good reputations and be regarded as good people but, when pressed about topics of social concern, frequently fall back on the idea that their first obligation is to do what’s right for shareholders. A new charter would remove that crutch, and leave executives accountable as human beings for the rights and wrongs of their own decisions.


Vox



posted on Aug, 17 2018 @ 11:57 PM
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a reply to: darkbake


Warren's act does not hold corporations accountable to the politicians as your OP states, but to their stakeholders - which includes their employees.

That depends on what is in that standard Federal charter she proposes for all corporations.

But even if that is not considered, since when is an employee allowed to help run the company? An employee is exchanging time for money, on an ongoing basis, at a specified rate of pay and a specified rate of time in hours per week. That's all an employee is.

If you hire someone to paint your house, does that someone have a vested stake in your house now? Does he get 40% say in what color paint to use? Why not? He's your employee!

The whole point of being a corporate employee is that one does not have to have a workspace, tools, or even skill sometimes... all those things are provided by the employer. Without that benefit, how many unskilled people are going to be able to find jobs which are willing to just hand them the keys to the executive washroom on day 1? I certainly am not, and neither would you be. But if it is law, who is going to hire anyone under that law?

This whole thing is nothing more than more of the old "get the corporations" nonsense that is going to kill this country. I'm very sorry that some people can't manage to make as much money as they want working in low-skilled positions with no skin in the game. That's life. If you want to be the top dog, put some skin in the game. Put in the 16-18 hour days, borrow out the yin-yang to set up a business, and run it. You'll be the boss. Trying to get Uncle Sam to make you the boss because you aren't willing to do what it takes to become one legitimately is just going to destroy what companies... and jobs... are available.

Then what are you going to do? Go on welfare? With no one left to pay for it?

Thank GOD we at least have a President that would veto this piece of destruction disguised as an idea.

TheRedneck



posted on Aug, 18 2018 @ 12:03 AM
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a reply to: darkbake

Which means corporations will now be extra careful who they hire, as political affiliation is not a protected class. Sorry Coke owners, we are going to change the flavor because we on the bottom know better than the people who made Coke a huge success.

Sounds like a great plan.

What I would do is do everything possible to break my corporations into multiple smaller ones that I control still to avoid having my business run into the ground.

Do you think this should apply to Unions too? They can't give political donations without a 75% vote?



posted on Aug, 18 2018 @ 12:23 AM
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originally posted by: JAY1980
Why make the private sector more like the public sector?

It's the public sector that's screwing us!

The public sector(government) has proven time and time again it's incapable of promoting job and wage growth with outside influences. Let the private sector(the people) determine wage and growth.

This is just more socialists worshiping at the alter of the state.

I can say from personal experience the more involved the federal government gets the worse things become.


Yep they have done a bang up job with social security, road taxes, health care, public schools, etc etc.. I am absolutely at the other end of this rope. Get government out of the way and let people keep their own hard earned money. HOWEVER.. I do believe monopolies destroy competition and should be broken up much like At&T was back in the day.



posted on Aug, 18 2018 @ 01:56 AM
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I think we should nationalize the federal government and allow all shareholders (taxpayers) to vote on every law. If one person votes against it, it can't be a law.



posted on Aug, 18 2018 @ 08:33 AM
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a reply to: ketsuko

lol
that is a fine point, after sleeping on it! If ATS is an example of a cross section of opinions in groups...Warrens idea is even more laughable.



posted on Aug, 18 2018 @ 10:29 AM
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originally posted by: neo96
a reply to: Krazysh0t

Why should they ?

Seriously?

When you work for someone else, who is footing the bill FOR EVERYTHING.

WHY SHOULD YOU GET A SAY in SNIP?



because the people actually doing a lot of the work may actually have a clue about how it all works. for example a company i worked for put a person of their choice without even asking those involved in that division about it. sounds like it should have been fine according to you. after all it's the company's own business who is in charge. too bad that person they put in charge, had absolutely no clue what, how and why our division did things. not really her fault of course since she had been part of a completely different division, and she was apparently good at it, knowing about that division. just after her promotion i heard her talking to my direct boss, i had no clue who she was, and didn't even see her since i was on the other side of a piece of equipment from them. i was laughing, as were all my co-workers when i told them about this idiot who was talking about how things should run. when doing as she was saying would not work, as anyone in our field would know. found out later that this was the person who was put in charge of our entire division. and in the end we had to do as she said. end result? thanks to her rules, quality went down, our service was no longer trusted, and we started loosing customers and thus money. in the end it cost all of us our jobs when they simply cut their losses and shut our division down, laying all of us off. yet if we had a say in who got the job, chances are we would not have lost our jobs due to someone without a clue, getting the job of forcing us how to run the business. and to be honest it really was not her fault. she was put into a position to control what she knew nothing about. everything she did made sense for the area of her expertise, and worked wonders for that business. but those same things were not compatible with the completely different business she got put in charge of.



posted on Aug, 18 2018 @ 10:34 AM
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originally posted by: queenofswords
a reply to: xuenchen

So, their pitch is going to be "demonize Big Corporations and Capitalism, Nationalize the Demons, Tax the #ell out of them, and...oh, yeah...for the youngsters just entering the voting age...FREE STUFF FOR ALL, Yaaayy!" Have I got that right?



The problem is that corporation privatize their profits and socialize their losses. So, a big corporation like, say, Walmart, has executives earing millions of dollars a year while their employees are having to supplement their wages with Medicaid and Food Stamps.

Sorry if someone else said that already, I haven't read the whole thread yet.



posted on Aug, 18 2018 @ 10:39 AM
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originally posted by: Krazysh0t
a reply to: neo96

What's idiotic about it?
Having a bunch of employees making collective decisions about the financial directions of corporations ? Try that in your own household. Imagine your kids deciding whether to get toys or pay the electric bill..🎃



posted on Aug, 18 2018 @ 10:41 AM
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originally posted by: Sookiechacha

originally posted by: queenofswords
a reply to: xuenchen

So, their pitch is going to be "demonize Big Corporations and Capitalism, Nationalize the Demons, Tax the #ell out of them, and...oh, yeah...for the youngsters just entering the voting age...FREE STUFF FOR ALL, Yaaayy!" Have I got that right?



The problem is that corporation privatize their profits and socialize their losses. So, a big corporation like, say, Walmart, has executives earing millions of dollars a year while their employees are having to supplement their wages with Medicaid and Food Stamps.

Sorry if someone else said that already, I haven't read the whole thread yet.
So let's just add more socialism why don't we. We already today have public-private partnerships oh wait that's fascism isn't it . Read Rosa Koires "Behind The Green Mask"
Oh by the way, seems y'all loved having Bill Gates and Microsoft buy off the governors association and pay for Common Core ... or should I say Commie Core... or maybe even Rotten to the Core. Y'all have forgotten about Lehman Bros and such and oh yah there's this...m.youtube.com...
edit on 18-8-2018 by ThirdEyeofHorus because: (no reason given)



posted on Aug, 18 2018 @ 11:22 AM
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originally posted by: Sookiechacha

originally posted by: queenofswords
a reply to: xuenchen

So, their pitch is going to be "demonize Big Corporations and Capitalism, Nationalize the Demons, Tax the #ell out of them, and...oh, yeah...for the youngsters just entering the voting age...FREE STUFF FOR ALL, Yaaayy!" Have I got that right?



The problem is that corporation privatize their profits and socialize their losses. So, a big corporation like, say, Walmart, has executives earing millions of dollars a year while their employees are having to supplement their wages with Medicaid and Food Stamps.

Sorry if someone else said that already, I haven't read the whole thread yet.


Walmart also pays 2 or 3 Billion dollars in taxes.

(note they also defer some foreign earned profits)

What goes in must come out 💥😃💥



posted on Aug, 18 2018 @ 11:33 AM
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I’m just going to say for those thinking this is remotely a good idea. The US government took over a sucessful and popular whorehouse and promptly ran it into the ground and out of business.

Let that sink in, the government screwed up running a whorehouse.

Maybe the plan should be called, “You didn’t own that.”



posted on Aug, 18 2018 @ 01:50 PM
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a reply to: xuenchen




Walmart also pays 2 or 3 Billion dollars in taxes.


Well, they just got a 30% tax cut on pure profit. And, some of those taxes that they're paying are also sales tax and employee income tax, which are borne by consumers and employees, not the corporation.



posted on Aug, 18 2018 @ 01:54 PM
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And the rightists still cling to the foolish notion that these Democrats are "Socialists/Communists"

they are the same capitalist scum as the rightists



posted on Aug, 18 2018 @ 02:06 PM
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I dont see what's wrong with the labor part of these megalithic corporations having representations on the board

Can't really see a downside to it some of these companies are monolithic



posted on Aug, 18 2018 @ 02:20 PM
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Sure gotta nice business here, be a shame if somethin’ were to happen to it...

Heard by many New York and Chicago small business owners.



posted on Aug, 18 2018 @ 02:32 PM
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originally posted by: toysforadults
I dont see what's wrong with the labor part of these megalithic corporations having representations on the board

Can't really see a downside to it some of these companies are monolithic


Let's say you have a garden, and it's very successful. Every year you sell your excess produce. Clearly, you know what you are doing.

Finally, you decide to take the next step and expand your operation some so you can sell more excess produce. So you hire a couple of high school kids to come in and do the weeding for you.

These kids know nothing at all about gardening because you have to painstakingly show them what to pull and what to leave, but pretty soon, they are advising you on every facet of your gardening operation from when and how to fertilize to when and how to water.

And then, the government comes in and tells you that you have to give them a seat in the decision-making process for everything you do because they're employees and it's not fair if you don't consider them as stakeholders in your operation.

And that is the year your gardening operation goes down the tubes because they think they know your business better than you.



posted on Aug, 18 2018 @ 02:56 PM
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a reply to: ketsuko

very well said. I sometimes wonder if those two teens you refer to are the ones making and supporting these kinds of OPS.




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