Obama: "Profits have to be shared by workers" ... Idiodic Statements for $500 please!

Originally posted by masterp
I apologize for saying this, but while you people bitch and moan about Obama being socialist, more and more jobs are outsourced to India and other far east places.

The real problem is globalism. American businesses have taken their factories to the far east, and therefore Americans don't have jobs any more.

But WHY!!!

We keep pointing at the symptom and ignore the problem. Why is it cheaper to put the factory over seas? We want to fault companies looking to increase profits and stay competitive... but we don't want to look at WHY the practice is effective.

Maybe it's because we've allowed our politicians to eat up campaign donations from Asian interests for too long?

Originally posted by bigfatfurrytexan

Originally posted by holyTerror
Ever heard of a CO-OP?

Oh, and I like how you group together stupid people with people who earn minimum wage, real classy.

To be honest, there is something to this.

The people who work for minimum wage are usually:

1. mentally deficient
2. young and inexperienced
3. dysfunctional (borderline personality, drug seeking personality, etc)

I have managed a lot of entry level employees in my life. That is what i usually see. But i still love them. You just have to adjust what you expect from them so that you can find a happy medium (as best you can).

As a manager too - Demand perfection and you may yet get excellence.

Originally posted by TarzanBeta


Usually, but definitely not all friend.

I know a couple of geniuses who have figured out life working close to minimum wage.

And their lives are an adventure for sure.

There is a quote from a movie somewhere... "Your education will most certainly interfere with your learning."

You're speaking almost entirely of the exception though - not the rule. For the sake of "argument" can we please forgo the rare exception?

Originally posted by TarzanBeta

Originally posted by bigfatfurrytexan
reply to post by TarzanBeta

 

i couldn't agree more. People who truly are intellectual do not need the baubles of modern life, and thus do not need the money that it takes to purchase such baubles.

But...sssshhhhh.....lets keep some things secret.

This is the second time in this thread I have been hushed.

Don't the few matter? We can learn from the few man. The few. How can something sound so weird and yet epic?

The few matter? Again - you've thrice been hushed now! Don't you know we're in a democracy? The individual is dead!

Originally posted by w4HoO
I don't know OP. I'm not an Obama fan, but I think you're reading into this too much. In the excerpt of the speech that you posted; I didn't take the whole Marxist message like some others did. I only see it as him using his status as Prez to promote better conditions for workers. He wasn't talking about making it a policy. He was only making recommendations to business owners. There's nothing wrong with promoting your ideas and concerns, it's when you get behind the pen and begin mandating these policies that Constitutionality becomes an issue. Maybe I missed something, or I'm reading it wrong, but that should be the only thing a President is good for; preaching from the bully pulpit.

I guess I'm just very cautious about POTUS "suggestions" - especially when they're tied to speeches about fiscal policy.

Example:
I'm the president of your bank. I say "before I look at reducing interest rates on your loans I suggest you look at increasing your payments".... what would you take from that.

Originally posted by Vicky32

Originally posted by gncnew

This is the kind of moronic statement that only makes sense to the minimum wage and the stupid.

A job is not a right - it's a privilege. And you can only expect to enjoy that privilege so long as you make more money than you cost your bosses. This is a very simple concept. But it seems even our uber-educated president is clueless about how the world actually works outside of government.

Just see how far you get trying to run a company without workers! Only in the fantasy novels of Ayn Rand is a boss capable of doing that, of being anything other than a parasite on his workers' efforts.
Unions are a good thing - and it's only because of Unions that bosses pay workers enough to live on. If you were a worker (or had ever been one) you'd know that.
Randbot!!!!!!!!!!!!!!
Vicky

Unions are good? Really - tell that to Detroit.

I'm well aware (as a "worker") that companies need the workers... but I'm also well aware that my job is a contract for services between myself and the employer and if I feel that contract is due for renegotiation - then it's on me to start the talks - not them.

Originally posted by Illusionsaregrander

[bla bla bla]



Yeah. Lol. You must have a really good product and a really good staff, because you dont really seem to have a good grasp on the basics.

Again, paraphrasing your longwinded stuff - not worth the space.

Accounting concepts do not equal economic concepts. Economics and Accounting (my wife is one btw :up are two separate things.

Where you put the line item for labor in accounting does not mean that's how you consider that cost in the economic analysis of the business.

You're comparing physics and math. They're related fields, but not the same. Two measures of different properties.

Originally posted by badgerprints

Originally posted by Illusionsaregrander

Originally posted by badgerprints

There are not many small businesses that are doing well. They are being run out of business. The businesses that are doing great are businesses that don't employ many and they are making many of their profits by reducing their overhead by closing down facilities and consolidating with less employees. Meanwhile, laws have made it harder and harder to build facilities that employ laborers.

Small businesses are not doing great for the same reason your average American is not doing great. You have mistaken what side you are on.

You can't tell me what side I'm on. You aren't even reading what I'm telling you.

In very simple terms, the corporations are culpable however the politicians are even more so because they were the ones who made the actions of the corporations legal. Obama is one of those who created the legislation that allows the businesses to do what they do. Then he tells you that the "Profits have to be shared by the workers"while pushing laws that allow them to do what they will . He also continues to fight the creation of new jobs unless they fit his government expanding agenda.

This is hypocrisy of the highest order but everybody eats it up! He's lying to you! He and the rest of the DC mafia have already gotten their share and are allowing the businesses to screw you but you still think Uncle Barrys gonna give you some free money.

It's the socialist carrot being held in front of hungry mules by overfed criminals.

Run after it all you want. You'll never get there.

reply to post by desert


Hmmm, well now those companies have to share their profits with the government.

I guess that does not FIT into that narrative does it?

Originally posted by buster2010

Originally posted by gncnew
reply to post by buster2010

 

The problem here is the greed of the people that run the company.

Ahhh, you mean like you and me? If you've got a 401k - you just became that greedy SOB running the company...

Never forget that the companies are run by lots and lots of people... only Apple and Microsoft are run by one dude sitting on a pile of cash.

LOL How does a 401 make anyone greedy? Are you looking for the government to take care of you when you get old? And companies are hardly run by lots and lots of people they are run by the board of directors just like Apple and Microsoft. In every company you will find there are just a few people that are calling the shots and when you look at how much they are paid compared to the average worker that's when you can see the greed.

I'm just shaking my head now... Do you understand what you're 401k is? It's an investment portfolio. That means a big investment firm takes your money and buys up stocks of another company.

That makes you a share holder.

That means those greedy profit hungry companies are really just trying to feed your 401k....

Seriously - let the adults talk now.

Originally posted by ErEhWoN
reply to post by gncnew

 

Before you rant into your socialistic diatribe: When you get a raise at work ... do you immediately go out and pay your waitresses more money on a tip? What about for movie rentals? Do you volunteer to pay more for each film? How about gas? Do you give the gas attendant more for each gallon now that you're making more?

Apologies if someone has already addressed this, I confess to not reading through the whole post.

But you are comparing a decent living wage with inanimate objects or paying for a service, not doing a job or bearing the responsibilty of an employer.

A decent living wage is not too much to ask for, are we not all Americans?

Who decides what a decent living wage is? I would think the individual person should - but they have to be willing to earn that wage... We are not in a world where you pick your job AND pick your wage.

Originally posted by ErEhWoN
reply to post by gncnew

 

If you worry about off-shoring... then let's make it more profitable to keep the jobs in America instead of allowing Chinese slave labor to be the best option.

Treat the problem, not the symptom.

And thats just straight up what we gotta do. I applaud this statement.

This is the most compelling argument I have heard on ATS to UNIONIZE the Chinese labor force! Just as the organized labor movement swept throught this country when we were THE manufacturing nation on the planet, it should sweep the Asian continent. We shouldn't buy from any country that doesnt pay their own a decent living wage.

Problem solved.

New symptom, Wal-mart raises prices on Chinese products. Worth it? That would be up to our sensibilities, and our morals. If we had any.

I'm all for this - get the UAW over to China... quickly - because they're killing the US.

Originally posted by galadofwarthethird
reply to post by gncnew

 

Your post spoke volumes on your ignorance, and prejudices, and even your fears, but there is so much weird and just plain fail stuff, in your posts that I wont even go into it. But gonna go into this.

Nice try... I really like the elitist condescension in the evening with a nice cold beer... I find that if you have to preface your entire statement with that - you're probably full of smelly brown stuff.

Originally posted by David9176
reply to post by gncnew

 

Thanks for the very insightful and completely useless commentary!

Right....because what I should really be doing is trying my hardest to make the most intelligent post possible in the hopes that everyone who reads it will magically change their entire point of view and see things my way.

Works well for you doesn't it?

Sorry pal...I'm long beyond dissecting someone's nonsensical post line by line...most people are too blinded by their own BS anyway...including yourself.

HAHA! you have no idea of how right you are... but then why read? Why post? If not to argue with the wall?

Since a lot of the comments were regarding Accounting Principles, I have a question.

If the government Accounting nowadays would land us folks that do Accounting in the private sector in PRISON, how do you defend that?

I had two semesters of Accounting for my Business Admin courses, if the government is allowed to just change the Accounting Principles for their books, how do you reconcile that?

I mean REALLY, how do you allow the government to break the very laws that we as private individuals are held to?

I guess it comes down to the tenet, do you believe in the law or do you believe in men.

Originally posted by rusethorcain
reply to post by gncnew

 

You are right to point out this ridiculous idea and comment. That Obama! What is he thinking?!
Let us restore to these great states slavery and the plantation owner mentality.

Work for a pittance, without benefits, health insurance, vacations, family leave, or a decent wage.

This is what will bring America back to it's former glory!
At least corporate America will benefit.

Yeah! Let's hear it for slavery!

I have a great idea.
Now all I need are some idiots to do the hard part -
perform the back breaking, mind numbing physical labor.
Any takers?

Awesome - you just went from 1830 strait to 2011... forget that whole early 1920s-1950s phase.... too much logic and reason there huh?

reply to post by SmokeandShadow

This "get a job and work your way up" paradigm is dying fast and will be replaced with "grow your own food or starve" at the rate things are declining.

They have that one covered too.

A misguided bill, the Food Safety Modernization Act of 2009, may shut down farmer’s markets and “drive out of business local farmers and artisanal, small-scale producers of berries, herbs, cheese, and countless other wares, even when there is in fact nothing unsafe in their methods of production,” warns legal commentator Walter Olson at Overlawyered....

But lawyers familiar with our capricious legal system know better. The Supreme Court ruled in Wickard v. Filburn (1942) that even home gardens (in that case, a farmer’s growing wheat for his own consumption) are subject to federal laws that regulate interstate commerce... www.examiner.com...

This is what happened to our jobs:

Of mergers and acquisitions each costing $1 million or more, there were just 10 in 1970; in 1980, there were 94; in 1986, there were 346. A third of such deals in the 1980's were hostile. The 1980's also saw a wave of giant leveraged buyouts. Mergers, acquisitions and L.B.O.'s, which had accounted for less than 5 percent of the profits of Wall Street brokerage houses in 1978, ballooned into an estimated 50 percent of profits by 1988...

THROUGH ALL THIS, THE HISTORIC RELATIONSHIP between product and paper has been turned upside down. Investment bankers no longer think of themselves as working for the corporations with which they do business. These days, corporations seem to exist for the investment bankers.... In fact, investment banks are replacing the publicly held industrial corporations as the largest and most powerful economic institutions in America.... THERE ARE SIGNS THAT A VICIOUS spiral has begun, as each corporate player seeks to improve its standard of living at the expense of another's.

Corporate raiders transfer to themselves, and other shareholders, part of the income of employees by forcing the latter to agree to lower wages. New York Times - January 29, 1989 www.nytimes.com...

WASHINGTON -- A recent analysis of the 2007 financial markets of 48 countries has revealed that the world's finances are in the hands of just a few mutual funds, banks, and corporations. This is the first clear picture of the global concentration of financial power, and point out the worldwide financial system's vulnerability as it stood on the brink of the current economic crisis....
www.insidescience.org...

The final death blow was the World Trade Organization"free trade " agreements that did away with tariffs allowing cheap slave labor goods to compete. This is the result:

Statistics (courtesy of Bridgewater) showed in 1990,before WTO was ratified, Foreign ownership of U.S. assets amounted to 33% of U.S. GDP. By 2002 this had increased to over 70% of U.S. GDP. www.fame.org...

reply to post by badgerprints

It's the socialist carrot being held in front of hungry mules by overfed criminals.

Good one! Star for you.

The criminals, and that's not hyperbole, are so overfed, so overconfident, so full of chutzpah, that they laugh as their famished mules fight over carrots, and crumbs.

It's interesting to see how we mules react so predictably!

You know, Massa has a saying, "Massa is always right!"

Good slaves take that to heart, and construct their whole thinking around that dictum, yearning for the carrot the whole time, and yet, looking around at their fellow slaves, at the walls of their pen, and when they're done taking it all in, they're convinced again, they "know" they are right, and look down on the rare slave who points out that Massa is mega-fat, and the rest of us are still pretty friggin' skinny.

JR

reply to post by crimvelvet

THERE ARE SIGNS THAT A VICIOUS spiral has begun, as each corporate player seeks to improve its standard of living at the expense of another's.

Well worth repeating crimvelvet.

Today we are reaping the whirlwind because of a "vicious spiral" that still has not found bottom.

While people argue about "capitalism" vs. "socialism", waving flags, not even knowing what they're behind half of the time, the spiral you mention continues.

There will be MANY victims here, regardless of their persuasion, and extremely few winners.

JR

reply to post by gncnew


The individual is not dead. The few DO matter. It is the basis for the Electoral College (to prevent mob rule), not to mention the freedom of speech.

They may be trying to kill the individual in their bid for a world government....but that is the fight that I am fighting.