Are the rich really that heartless?

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Train

Lifer
Jun 22, 2000
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Tie the same sort of decisions to your everyday american, and they would make the same choices.

Hypothetical:
"10% of your taxes go to people who are not working. You can keep your 10% but that much less money goes to the unemployment fund...."

Watch the vast majority of americans opt out.
 

MagnusTheBrewer

IN MEMORIAM
Jun 19, 2004
24,122
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Tie the same sort of decisions to your everyday american, and they would make the same choices.

Hypothetical:
"10% of your taxes go to people who are not working. You can keep your 10% but that much less money goes to the unemployment fund...."

Watch the vast majority of americans opt out.

The difference in your example is that the laws of incorporation shield the people making the decisions from the penalties experienced by the folks who opt out and later become unemployed.
 

Train

Lifer
Jun 22, 2000
13,590
86
91
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The difference in your example is that the laws of incorporation shield the people making the decisions from the penalties experienced by the folks who opt out and later become unemployed.

make it so that if you opt out you are note eligible in the future... same outcome.

How often do people go without insurance?
 

HeXen

Diamond Member
Dec 13, 2009
7,838
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90K is far from "rich", in some places it's barely even middle class.

my definition of rich is if you can live comfortably..whatever you deem comfort...without working or having income, then you are rich.
If your comfy living in a shack, dont work then your rich. Same if you live in a mansion..rich is about living life as you want to the fullest.
some are happy with little, some are not.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
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That's why America is a democracy. Don't like it? Move to China.

The greatest country on earth where you can be born here or immigrate here and become a millionaire.

Only to have your fellow countrymen say you are bad and selfish with their hand outstretched screaming "unfair!"
 

MagnusTheBrewer

IN MEMORIAM
Jun 19, 2004
24,122
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make it so that if you opt out you are note eligible in the future... same outcome.

How often do people go without insurance?

So, why don't we give it a try with corporations? The every day cost/benefit decisions that individuals make do not apply to the people making the decisions in a corporation. There is NO penalty for a corporation to "opt out" in your example.
 

Mxylplyx

Diamond Member
Mar 21, 2007
4,197
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Our companies are also some of the most innovative and successful in the world also. So what is the amount corporate executives get to make? How much? Give me a $$$ amount.

As of a few years ago, and probably still, the CEO of GM made an order of magnitutes more than the CEO of Toyota. Explain that.

The executive compensation structure in this country is fucked up.
 

Train

Lifer
Jun 22, 2000
13,590
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So, why don't we give it a try with corporations? The every day cost/benefit decisions that individuals make do not apply to the people making the decisions in a corporation. There is NO penalty for a corporation to "opt out" in your example.

Sure there is... they pissed off a lot of people, including those they laid off. They also lost whatever product or service those people were producing.

If you stop buying eggs, do you have to face a penalty for putting a poultry farmer out of work?

When the bread industry crashed (and several bread companies along with their workers went out of business) because of the Atkins/South Beach/low carb diet craze... did all those people get penalized for putting others out of work? NO.
 
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DrPizza

Administrator Elite Member Goat Whisperer
Mar 5, 2001
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Yes...all the woes of the world are becase of the greedy rich people who are just looking out for themselves, not the long term viability of the company run or anything, just purely their own greed.
It's pretty easy to see that at a lot of companies, short term profits are more important than long term.
 

ch33kym0use

Senior member
Jul 17, 2005
495
0
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Taking your money and assets and having far more money than they can use and giving you very little, yep, rather heartless.
 

MagnusTheBrewer

IN MEMORIAM
Jun 19, 2004
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Sure there is... they pissed off a lot of people, including those they laid off. They also lost whatever product or service those people were producing. Corporations don't care and simply spin it as a cost saving measure.

If you stop buying eggs, do you have to face a penalty for putting a poultry farmer out of work? What do you think the possibility of enough people stopping buying eggs to put a poultry farmer out of work are when he also produces meat are? No what are the possibilities of a poultry Corporation going out of business because of that?

When the bread industry crashed (and several bread companies along with their workers went out of business) because of the Atkins diet craze... did all those people get penalized for putting others out of work? NO.

First, I'd challenge you to prove any bread companies went out of business solely because of the Atkins diet. Next, I'd like you to show the impact on any baked goods corporation other than locally.

There is no immediate measurable consequences to corporations who make bad decisions and, even when a miracle happens and there are, the people who made those decisions within the corporation have zip, zero, nada personal penalties.

If they manage to totally destroy their local economy, they simply relocate to another city because their incomes and lives are not bound to their community like their neighbors are.
 
Jul 10, 2007
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It would be so funny if the same corporate knobs you slob decide to ship your job to India one day. It's all about the money, right?

so? that's their choice.

just like it would be mine to walk out one day because i found something better, or any other reason i see fit.
 

Train

Lifer
Jun 22, 2000
13,590
86
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First, I'd challenge you to prove any bread companies went out of business solely because of the Atkins diet. Next, I'd like you to show the impact on any baked goods corporation other than locally.

There is no immediate measurable consequences to corporations who make bad decisions and, even when a miracle happens and there are, the people who made those decisions within the corporation have zip, zero, nada personal penalties.

If they manage to totally destroy their local economy, they simply relocate to another city because their incomes and lives are not bound to their community like their neighbors are.

Is Wonder Bread big enough for you? They got slaughtered at the height of the Atkins craze. Can you believe those heartless fat asses? Putting hard workig people out of work just to lose a few pounds.

KANSAS CITY, Mo. -- Interstate Bakeries Corp., the purveyor of lunch box staples Wonder Bread and Twinkies, filed for bankruptcy protection yesterday, felled by the combination of a more health conscious public and smothering operational costs.

The nation's largest wholesale baker, which had shown signs of financial weakness for months, filed for Chapter 11 reorganization and installed new management, saying it intended to survive. The company said it would continue operating its bakeries, outlet stores and distribution centers.

Tony Alvarez, the head of turnaround firm Alvarez & Marsal and the baker's new chief executive, said the company had no immediate plans to lay off additional personnel. But, he added, ''It's very rare in this country that anyone goes through Chapter 11 and is layoff-free."
For more than a year, Interstate Bakeries has struggled with declining sales of its bread and sweet goods products, a drop the firm and analysts blame on the popularity of high-protein, low-carb diets such as Atkins and South Beach.

The Kansas City company listed assets of $1.6 billion and liabilities of $1.3 billion in its court filings. In those filings, it said chairman and chief executive James Elsesser had resigned, effective yesterday. Joining Alvarez from his firm is John Suckow, who was named Interstate Bakeries' chief restructuring officer.

The company also said J.P. Morgan Chase & Co. had agreed to provide it with $200 million to pay employees, vendors and other expenses during the reorganization, provided officials got approval from a bankruptcy judge. A hearing was scheduled for today in US Bankruptcy Court in Kansas City.

http://articles.boston.com/2004-09-...kow-interstate-bakeries-bankruptcy-protection
 

MagnusTheBrewer

IN MEMORIAM
Jun 19, 2004
24,122
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Is Wonder Bread big enough for you? They got slaughtered at the height of the Atkins craze. Can you believe those heartless fat asses? Putting hard workig people out of work just to lose a few pounds.



http://articles.boston.com/2004-09-...kow-interstate-bakeries-bankruptcy-protection

Link to Atkins as the cause not found. The penalties paid by the people at Wonder Bread making poor business decisions not found. What is found are the penalties paid by the employees and local community. Interstate Foods which owns Wonderbread is doing just fine. Once again, the people at the top making bad business decisions NEVER pay a penalty.
 

Beev

Diamond Member
Apr 20, 2006
7,775
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And if the button is then taken from you and given to someone who you do not know?

Are we assuming the button is going to be passed around to anyone who wants to press it? If so then I'm fucked anyway.

If it's just one other guy after me then I don't care because he has a 1/7,000,000,000 chance in it being me that dies.