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Originally posted by links234
reply to post by winterkill
Suffice to say that the debt isn't an issue, no matter how much Mitch McConnell screams, or whatever noise he makes, about it.
Assholes can't invest in the country that made them rich in the first place? Assholes like that BUILT the country. In addition, redistribution of their hard earned money to those who cannot or will not be as successful is not "investing in the country" it is a continuation of the problem The war on poverty and the great society have created more poverty, not solved it.
Originally posted by Kali74
reply to post by NavyDoc
Assholes can't invest in the country that made them rich in the first place? Assholes like that BUILT the country. In addition, redistribution of their hard earned money to those who cannot or will not be as successful is not "investing in the country" it is a continuation of the problem The war on poverty and the great society have created more poverty, not solved it.
No they most definitely did not and they are in fact sucking it dry. Do you understand what the Boston Tea Party was about? Do you get that much of the founding of our nation was based on getting away from corporations and mercantilism.
I'm not talking about wealth redistribution. Man it's almost like because I'm not a conservative I'm automatically deemed a communist etc...
Can you answer the question of why a corporation making 5 billion a year in PROFIT (meaning after all dues paid) that employs hundreds or thousands of Americans would shut it doors to make 5.1 billion using Chinese slave labor?
Originally posted by milominderbinder
reply to post by milominderbinder
Oh...and let's not rule out seizing the money of all the damn church's, temples, and mosques either. I'd wager emptying the Vatican's coffers of the last 2000 years worth of pillage and plunder would provide a significant boost to the economy.
ANd please tell me why and how this is a reason to rob the pockets of the few high wage earners who do stay in the US?
If that 5 billion is a 2 percent proft, the shareholds are not happy and the stock values do not go up and you don't have much for new equipment, expansion, research.
There is more to making a company viable than the simple number of the profit. Yes, I kow that profit is a dirty word to the left, but that is the whole point in having a company in the first place.
I already gave the example of singapore and corporate taxation structure. Singapore has companies coming in, we do not.
Regulations: EEOC, EPA, ADA, FDA. Hundreds of alphabet agencies producing hundreds of thousands of pages of regulations (most of which are feel good nonsense) that regulate everything from how you hire and fire to the window cleaner does not make running a business in the US better.
Originally posted by MystikMushroom
I think the Gov. should just get out an eraser...
I mean, it's the government. They invented the very money they now seem to owe.
If any country gets pissy that we're not going to pay them back, we can just point to Iraq, Lybia, ect....
"Be nice or end up like Saddam"
I could see it now..."Um yeah, that 15 trillion? What 15 trillion? Yeah, we're not going to be paying that back, like, ever."
Sure it's a d-bag move for the USA to do that, but the whole world thinks the Americans are a bunch of d-bags anyway. We're the USA, we can do whatever the hell we want and get away with it! Go 'Murica!
edit on 7-12-2012 by MystikMushroom because: (no reason given)
Originally posted by Kali74
reply to post by NavyDoc
You seem to be not understanding that I disagree with the premise of taking the 1%ers money to pay off the debt.
ANd please tell me why and how this is a reason to rob the pockets of the few high wage earners who do stay in the US?
Robbing seems a bit dramatic unless you want to talk about outsourcing jobs, thousands of workers were robbed of their ability to provide for their families.
If that 5 billion is a 2 percent proft, the shareholds are not happy and the stock values do not go up and you don't have much for new equipment, expansion, research.
Well hell who cares about a factory that employs 500 people, gives them a means to feed their families and not draw on food stamps and cash benefits... the shareholders aren't happy!
There is more to making a company viable than the simple number of the profit. Yes, I kow that profit is a dirty word to the left, but that is the whole point in having a company in the first place.
Profit is not a dirty word to us, stop being silly.
I already gave the example of singapore and corporate taxation structure. Singapore has companies coming in, we do not.
You may want to look at Singapore itself before using them as some kind of beacon. It's a manufacturing bubble. Their labor compensation is not too different than ours, but the cost of living is much higher, the purchasing power of their dollar is much lower than ours... in short, it's a boom that is unsustainable. People working their asses off but still struggling to buy food usually ends up in unrest. When that happens the corporations will flee as they always do, to the next exploitable country.
Regulations: EEOC, EPA, ADA, FDA. Hundreds of alphabet agencies producing hundreds of thousands of pages of regulations (most of which are feel good nonsense) that regulate everything from how you hire and fire to the window cleaner does not make running a business in the US better.
I agree with you here, to a large degree. Most of our current regulations are exactly what the big guys want. Why? Because it's yet another excuse to use foreign labor and small business can't avoid the regulations the way the big guys can so they are never a threat to big business. Regulation is necessary, but it needs to be common sense with the full awareness that whatever the big guys don't like they will avoid anyway, so regulation needs to be written with both fairness to labor/environment and fairness to the little guy.
The remainder of your reply is largely hyperbolic and really all I have to say to it is this. If a company can't figure out a way to profit without exploitation then maybe they aren't smart enough to exist. Maybe when we as a nation recognize this, taxes can come down.
Originally posted by Hefficide
reply to post by NavyDoc
The point of a business is not profit. It's to provide a marketable or necessary asset or service with the hope and intent to create profit.
This mechanism, by its nature, creates group incentive. It compels people to participate in the process - as both producers and consumers. When the system becomes as unbalanced as it currently is, that cycle is disrupted
Profit is not a dirty word. Greed, however, despite what Gordon Gecko tells us, is one.
~Heffedit on 12/8/12 by Hefficide because: elucidation - busy in real life.
Originally posted by phroziac
reply to post by milominderbinder
Don't the rothschilds own the debt?
Originally posted by NavyDoc
How is the system unbalanced and why? Business is now more regulated and taxed and held accountable now then any time in the past. If you want to see the reason why businesses leave the US, you need to look where the fault lies: with the government and those who would use the coercive power of government to force their views of "social justice" on their fellow man.
Originally posted by Hefficide
Originally posted by NavyDoc
How is the system unbalanced and why? Business is now more regulated and taxed and held accountable now then any time in the past. If you want to see the reason why businesses leave the US, you need to look where the fault lies: with the government and those who would use the coercive power of government to force their views of "social justice" on their fellow man.
Can you substantiate any aspect of that claim?
~Heff
First issue of the Federal Register was published on March 16, 1936 contained eleven pages
In 2010, the register totaled 81,405 pages, said Jim Hemphill, the special assistant to the director of the Federal Register.
That grim reality comes into focus when one looks at the Federal Register, the official compilation of federal regulations. It’s only July, yet this year’s edition already is 41,662 pages long. Complying with these new rules will cost $55.6 billion and require 114.1 million paperwork hours to complete. That is money and time lost on unproductive activity — all done to avoid the punishing arm of an intrusive federal government.
Read more: www.washingtontimes.com...
Follow us: @washtimes on Twitter
In the face of higher costs of federal regulations, the
research shows that small businesses continue to bear
a disproportionate share of the federal regulatory burden.
The findings are consistent with those in Hopkins
(1995) and Crain and Hopkins (2001).
The research finds that the cost of federal regulations
totals $1.1 trillion; the cost per employee for
firms with fewer than 20 employees is $7,647.