Starting from 0?

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Starting from 0?

Postby duck stalker » Thu Mar 05, 2009 10:08 pm

This economy is absolute bull crap!!! 2 of my family members lost there jobs, and cannot find anything that will even offer them 6% less than what they made at there previous job and there is nothing out there!!! Now the GOV is bailing out these billionarie @****** that wrote these bullcrap loans and the turd is just rolling down the hill!!! :mad: As much as I hate to say it.....I think this country and economy needs to collapse! As long as the GOV keeps givve money and going deeper in dept they will keep buying those jets! :mad: There is just to much supply out there and to little demand. If everyone started at 0 or far less from what they have now (mostly the rich and corporate CEO'S) only then will salary's and benefits decrese in price.

THE FAT CATS ONLY WANT TO GET FATTER! THE MIDDLE CLASS AND LOWER CLASS MEAN NOTHING TO THEM!

and unfortunattly I think Obamas stimuals will not do anything exept put us in more debt!!!

The Overly rich need to know when enough is enough!!!
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Re: Starting from 0?

Postby Kiskadinna » Fri Mar 06, 2009 12:28 am

duck stalker wrote:This economy is absolute bull crap!!! 2 of my family members lost there jobs, and cannot find anything that will even offer them 6% less than what they made at there previous job and there is nothing out there!!! Now the GOV is bailing out these billionarie @****** that wrote these bullcrap loans and the turd is just rolling down the hill!!!


Sucks - for sure - i Count myself lucky t oahve a job. i made a career switch in the middle of this. The change was a result of the difficulites of this economy, but the choice made a huge difference for me. I understand all too well the difficulty many face in looking for jobs. My prior one would be gone for sure.
:mad: As much as I hate to say it.....I think this country and economy needs to collapse!
while some may agree that a leveling is good, a collapse is never good. As you say yourself, people are feeling the effects. {quote} As long as the GOV keeps givve money and going deeper in dept they will keep buying those jets! :mad: [/quote]
There is just to much supply out there and to little demand.
I wish that were simply the case. It would be much more simple.
If everyone started at 0 or far less from what they have now (mostly the rich and corporate CEO'S) only then will salary's and benefits decrese in price.

Socialism? explain your rationale please. I can appreciate your frustration - and I claim neither political party, but what basis do you offer in exchange?

THE FAT CATS ONLY WANT TO GET FATTER! THE MIDDLE CLASS AND LOWER CLASS MEAN NOTHING TO THEM!

and unfortunattly I think Obamas stimuals will not do anything exept put us in more debt!!!

The Overly rich need to know when enough is enough!!!


This doesn't square with your argument above. I can appreciate that you are upset. Would you rather see socialist tendencies or free market policies to take us out?

Erik
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Re: Starting from 0?

Postby Montanafowler » Fri Mar 06, 2009 12:52 am

Kiskadinna wrote:
duck stalker wrote:If everyone started at 0 or far less from what they have now (mostly the rich and corporate CEO'S) only then will salary's and benefits decrese in price.

Socialism? explain your rationale please. I can appreciate your frustration - and I claim neither political party, but what basis do you offer in exchange?



i think he means everyone needs to start out with nothing at the same time and those who work will prosper, those who won't work will be poor. The problem with this is there will be no jobs if no one owns businesses or anything.
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Re: Starting from 0?

Postby duck stalker » Fri Mar 06, 2009 10:51 am

That's exactly what I mean! All these company ceo's and huge bussiness owner's TRULLY do not give a hoot about the middle or lower class working man! As soon as THEY have to take a pay cut weather it be 20,000 from the 2 millon they make a year there employees will suffer! They will most likely cut 20% of there work force to either equal the amount lost or make more than lost! I refrain from my statment about the country collapseing. that would be catastrofic!! This economy on the other hand needs a RESET!!! It may sound like I'm sociallistic (i'm not..) But there is NO reason one person should be ranking in 1 or 2 million dollers a year! How much is to much! Especially now when all the people doing the work for these guys are taking HUGE pay cuts losing there 401k, and possibly there job! To make things even worse you have a slim to none chance of even bouncing back and finding a new job.

You can't honestly tell me that the company CEO's and very upper class are feeling the effects of all of this. My life is on hold right now just trying to scrape by with what I have and keep a roof over my familys head! Meanwhile my boss a VP was telling me about a 2 week vaction he took in Jamaca. That following week over 1000 poeple got layed off! :no: I was spared! :oops:

I worked very hard for Where i'm at right now (thinking about my carrer not money) and it could all be gone because my boss is losing a few dollors! :mad: At least he gets to keep his house! I'll lose everthing :mad:
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Re: Starting from 0?

Postby rman114 » Fri Mar 06, 2009 11:22 am

Even if you start at 0 the first person who makes a business that has demand will surely pay himslef more than most people get and in no time you'll have the "fat cats" again.

Unless you are socialist and want to have government caps on CEOs...maybe no more than 10% of the lowest paid employee?

I understand why people get upset when the government bails business out but not the people...but really...the only way the government can bail the "people" out is let the business fail and then give you a salery..er..welfare for the rest of your life to make up for your lost wages.
Or the government can bail out business, save it, which then keeps thousands employeed.
Last edited by rman114 on Fri Mar 06, 2009 11:34 am, edited 1 time in total.
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Re: Starting from 0?

Postby duck stalker » Fri Mar 06, 2009 11:31 am

I also found it kind of stange when 5 years ago when I took out a mortgage for my first house at Merril Lynch, they were trying to sell me mortgage 50k more than I could afford! I was a little smarter than that!! I choose the house that I could afford. Now when I ask my broker about all the crap going on, and why he thought I could afford what he was trying to sell me..... His tounge got tied :no: He cannot give me a straight answer! there is soo much unethical and poor business practices out there it's getting sickening!!
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Re: Starting from 0?

Postby GroundSwatter » Fri Mar 06, 2009 11:39 am

rman114 wrote:unless you are socialist and want to have government caps on CEOs...maybe no more than 10% of the lowest paid employee?



We are already doing that. Look at wall street. If you accept our bailout money, then your CEO gets capped out at $500,000. Heck, we even forced all the Big 3 CEO's to reduce their salary down to $1 over the next year if they want to have a chance at getting any more government money.

Although the tendency is "if they are going to accept our tax dollars, then they should reduce their salaries," but thats about as socialist as it gets. The government funds your business, controls the direction it goes in, and then tells you how much to pay yourself.

We are walking down a very slippery slope. I fear that all of these companies we're bailing out will end up filing for bankruptcy anyways. As history has shown, Bailouts don't work, they just prolong the inevitable. They will most likely extend this recession instead of reduce its length.

As for starting at 0, its too late, but rest assured that Capitalism will eventually police itself. Eventually companies will either start trimming the fat thats on top or fail. Even if they fail, they'll get bought up and restructured.
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Re: Starting from 0?

Postby samsquanch » Fri Mar 06, 2009 2:16 pm

Not to ruffle any feathers, but if you lose everything it is for the simple fact that you were unable to create value to your employer. Your employer doesnt owe you a thing. He pays you for the work that you do. How much should your so called FAT CATS make then. Its there business system if they feel like they want to cut back for them to be successful then thats what they have the right to do. Most employees can not fathom what it takes to make a business work. You chase a pay check and your FAT CATS chase a dream.

Socialism is death of everything. And this post is a vote for socialism.
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Re: Starting from 0?

Postby duck stalker » Sat Mar 07, 2009 12:47 pm

O.k then, If the big company's take bail out or TAXPAYER money then they should be salery capped! it's not there hard earned money it's taxpayer money!

And does anyone think this country will learn anything from this???? Because I don't! We rely on the credit system way to much rather than CASH IN HAND!

samsquanch wrote:You chase a pay check and your FAT CATS chase a dream.


A dream????? I consider myself a pretty luck guy then, I have my dream. A great famlily some hunting toys and a great starter home. I couldn't be any happier, or lucky I should say.The only reason I " Chase" a paycheck is to make ends meet and to pay the bills. Even though I talked some smack about my boss, I actually like my job! So I guess it's all about what you would consider a dream? Happiness or money.

And yes I could of fell victim to a mortgage I Could'nt afford but I didn't!! Govenment and all this socialisim talk set aside, May be the General public needs to be more responsible or more educated to only buy what they can afford? I'll go with that. May it's not the loan officer's from banks accross the nations fault, maybe it has been us all along Giving in to the temptation of "Oh I can afford that if he\she told me I can."
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Re: Starting from 0?

Postby duck stalker » Sat Mar 07, 2009 2:33 pm

samsquanch wrote:but if you lose everything it is for the simple fact that you were unable to create value to your employer.


I saw a lot of knowlegable hard working people get the boot! And they made more than me! Look at the bigger picture here, it's about the books and the bottom line! it trully doen't matter about creating value to your empolyer, it's about the $$$$ and saving the bottom line. Paying less to do twice the amount of work! That's right, I now have to also do my coworkers job that got let go on top of my own! and I make less!!!! I know that's why I was saved!!

samsquanch wrote:Most employees can not fathom what it takes to make a business work.
You must own your own bussiness.? Your right I dont! but it does not take a rocket scientist to figure out how they make cuts. Hell I'm next on totem pole if the time arises again.
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