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Old 08-05-2012, 09:57 PM
 
Location: Houston
26,979 posts, read 15,889,092 times
Reputation: 11259

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A corporation is amoral. It has one purpose; to increase shareholders' wealth.

I have one economic purpose to increase my wage, benefit and perk package. Myself and corporations are both greedy.
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Old 08-05-2012, 09:58 PM
 
Location: Where they serve real ale.
7,242 posts, read 7,907,352 times
Reputation: 3497
That figure includes a lot of other stuff which simply isn't true. They add in a "total cost" by claiming the pension which might be paid some 20 years from now as if it is an actual reoccuring or on going cost. It simply is not.
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Old 08-05-2012, 09:59 PM
 
Location: Houston
26,979 posts, read 15,889,092 times
Reputation: 11259
Quote:
Originally Posted by AksarbeN View Post
Would tax write offs like this be an entitlement?


Daily Kos: Romney Took $77,000 Tax Deduction For His Dancing Horse

Maybe the government should have just given him food stamps instead? Feeding a horse requires a little more I guess. Keeping up three or four houses and writing off the costs on taxes is also a little bigger entitlement than most people get.
It was a business related loss; it is tax deductible. Did you have any tax deductions you refused to take?
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Old 08-05-2012, 10:00 PM
 
Location: Where they serve real ale.
7,242 posts, read 7,907,352 times
Reputation: 3497
Quote:
Originally Posted by jojajn View Post
The problem is the private sector pay has been decreasing since the "job creators" got the Bush tax cuts.
We had almost exactly the same number of private sector jobs two terms after the Bush tax cuts as we had before them. If they're some how good for jobs why was there the near complete and total failure of them to create jobs after eight years in place?
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Old 08-05-2012, 10:02 PM
 
1,389 posts, read 1,312,942 times
Reputation: 287
Quote:
Originally Posted by AksarbeN View Post
Would tax write offs like this be an entitlement?


Daily Kos: Romney Took $77,000 Tax Deduction For His Dancing Horse

Maybe the government should have just given him food stamps instead? Feeding a horse requires a little more I guess. Keeping up three or four houses and writing off the costs on taxes is also a little bigger entitlement than most people get.
I support the flat tax of 10% max.
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Old 08-05-2012, 10:06 PM
 
Location: Houston
26,979 posts, read 15,889,092 times
Reputation: 11259
Quote:
Originally Posted by AksarbeN View Post
Would tax write offs like this be an entitlement?


Daily Kos: Romney Took $77,000 Tax Deduction For His Dancing Horse

Keeping up three or four houses and writing off the costs on taxes is also a little bigger entitlement than most people get.
That is funny. Getting to keep your own money is an entitlement. Keep them coming.
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Old 08-06-2012, 12:50 AM
 
1,824 posts, read 1,721,664 times
Reputation: 1378
Quote:
Originally Posted by stargazzer View Post
you guys need a dictator not a leader ...why...? because thats what it will take...solid backbone to bring forward solid backbone where there is none...it should be an election for a committee...not a guy...the worst candidate is the one that wants to be THE Pres

Yes, the president should not be running just to help himself & the bribers who expect to be paid back many times the amount of their campaign contributions. And the president should hire good quality help.

This is why I'm for Gary Johnson. He is wealthy but not needing to show it, very frugal. Why spend it just because you have it? And, don't spend it if you don't have it. No borrowing! He proved frugality as two term guv of NM. "Governor Veto" saved NM taxpayers many millions. He inherited a deficit in a state where 2/3 are Democrat. He beat the incumbent Democrat, then won a second term by a wider margin. Vetoed so many bills, taxes were cut repeatedly & he left state treasury a surplus.

Despite his frugality, he hired Harvard economics professor Jeffrey Miron as financial advisor. His Veep is retired California judge Jim Gray, widely known from judgesagainstthedrugwar dot org. Both Gary Johnson & Jim Gray can discuss issues calmly, showing respect to all.

Gary Johnson's issues positions are stated clearly with explanations of the benefits. He doesn't need to keep secrets from voters. You can ask Gary anything! He has internet town halls, relaxed discussion on the issues. Anyone can RSVP to participate. Unlike some candidates, Gary has no hate. He will show no favoritism, cutting each prgm/dept 43%, except ending IRS & Dept of Educ, & ending drug war. He will need the co-operation of Congress, so we need to replace as many Constitution-haters as possible. And do the same with the state legislators.

Yes, corporate greed could leave most individuals bankrupt & the USA perhaps beyond bankruptcy, so all that could be done is dissolve the Federal govt with each state becoming a country that is bankrupt or close to it, similar to what happened to the USSR when they tried to keep up military spending. Obama & Romney propose spending more money than we have, Gary Johnson does not.

Barack Obama: more wars & give health care much more money than the 1/6th of all $$ they get now. US life expectancy has dropped to 50th longest with cancer epidemic killing 30% (world average 13%). Cannabis oil was in pharmacies until 1937, when cancer was rare. Recent anecdotes say it cures cancer & 60+ studies show cannabis fights cancer. Gary Johnson has advocated for re-legalization of cannabis since 1999. "Mittens" thinks users should be locked up, but won't talk about it. He wants many more wars & was praising big oil in a debate. Gary Johnson doesn't need to repay bribers & wants fewer wars.
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Old 08-06-2012, 01:29 AM
 
Location: Denver
9,963 posts, read 18,499,454 times
Reputation: 6181
There are so many companies like Caterpillar today. Look at Lockheed Martin...record profits/revenue, yet major layoffs.

Lockheed Martin reports higher profit, boosts forecast - Washington Business Journal
Lockheed Martin cuts workforce by 740 employees | Reuters

It appears that the trickle down system needs a plumbing overhaul.

Right now Corporations are using the recession to strike fear into their employees, meanwhile making out like bandits.

Last edited by Mach50; 08-06-2012 at 01:38 AM..
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Old 08-06-2012, 01:49 AM
 
Location: Pa
20,300 posts, read 22,221,236 times
Reputation: 6553
I would suggest that the greed of our elected reps will lead to our economic collapse. It was a bipartisan movement that led to the collapse of the banking industry.
Only rescently was it revieled that our elected reps did not have to abide by insider trading laws.
Our former speaker of the house benefited from manipulating the laws.
Other reps also enjoyed sub prime loans from a bank. he was was part of the banking deregulation.
Corporate america operates within the laws our elected reps create.
How do we blame anyone for taking advantage of tax laws our elected reps created?
NO corporate america needs a healthy economy to remain competetive. The last thing they want is a collapse of the dollar.
I blame those who incite class warfare. I blame those who refuse to compromise and they are from both parties. I blame the hardliners who refuse to hold their own accountable.
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Old 08-06-2012, 03:23 AM
 
Location: the very edge of the continent
89,022 posts, read 44,824,472 times
Reputation: 13711
Quote:
Originally Posted by jojajn View Post
The problem is the private sector pay has been decreasing since the "job creators" got the Bush tax cuts.
No, it has actually increased slightly, while public sector pay continues to increase at a MUCH higher rate.




Quote:
Now, in comparison, the public sector seems to be earning more.
It seems that way because they actually ARE. By FAR.

Quote:
Instead of demanding higher wages for jobs in the private sector, people are developing envy of public workers.
As you can see by the chart, public sector pay is WAY out of control. It's bankrupting cities and states, and will soon bankrupt the country.

Who's been lying to you? And why do you believe them so easily without verification?
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