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Old 10-19-2010, 08:15 AM
 
10,875 posts, read 13,813,272 times
Reputation: 4896

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Quote:
Originally Posted by Jadex View Post
Actually its not a failure. The best example I've ever seen is Bill Gates. Gates started out with an idea. He started a business with that idea. Now how many have become millionaires off his idea. How many people has Gates employed and caused money to trickle down. Then they take that money and go out and buy other items causing other products to be in demand.

Yeah that trickle down doesnt work. Just ignore Bill Gates and all the people that became millionaires off his idea and all the houses bought by employees that he hired and pays. That darn trickle down doesnt work just ignore all those folks working at Microsoft
Bill Gates is a great example of a "rags to riches" story. His business started off small, then really kicked into gear during the clinton administration thanks to his pro small business bills and expanding technology. Microsoft went off like a rocket and one the most successful businesses to date. If it wasn't for Clinton supporting small business, the way we use computers today might be drastically different, if we even had things like the internet at all. Gates also is a devout liberal and donates heavily to charity. He's made national attention asking fellow millionaire and billionaires to donate to charity for people who really need it.
You can look for example now the stock market and big business are doing well but average americans are struggling, why? Mainly from big business hording those "trickle down" funds rather then creating jobs the way they were suppose to do, not to mention sending countless jobs to india and communist china. "Trickle down economics" failed under Reagan, failed under Bush, and was an epic failure under W.
The republicans need to get a clue their economic policies don't work. You can't build a house from the roof down.
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Old 10-19-2010, 08:22 AM
 
Location: West Coast of Europe
25,947 posts, read 24,749,338 times
Reputation: 9728
Quote:
Originally Posted by TempesT68 View Post
Very true. Trickle down economics is the biggest failure in economic history, yet republicans keep seeming to think it works.
The mere stubborn existence of tens of millions of working poor, people living on food stamps and even on the street makes me doubt that theory.

I read that Gates stole 'his idea' from others anyway, not to mention the dubious ways he grew his company...
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Old 10-19-2010, 08:24 AM
 
Location: Midwest
38,496 posts, read 25,820,712 times
Reputation: 10789
Quote:
Originally Posted by swagger View Post
Microsoft doesn't make computers.
Not much need for computer software without being able to afford a computer now is there?
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Old 10-19-2010, 09:09 AM
 
Location: Alameda, CA
7,605 posts, read 4,846,404 times
Reputation: 1438
Quote:
Originally Posted by Neuling View Post
The mere stubborn existence of tens of millions of working poor, people living on food stamps and even on the street makes me doubt that theory.

I read that Gates stole 'his idea' from others anyway, not to mention the dubious ways he grew his company...
http://www.digitalresearch.biz/CPM.HTM

In 1974, Dr. Gary A. Kildall, while working for Intel Corporation, created CP/M as the first operating system for the new microprocessor. By 1977, CP/M had become the most popular operating system (OS) in the fledgling microcomputer (PC) industry. The largest Digital Research (http://www.digitalresearch.biz/DR.HTM - broken link) licensee of CP/M was a small company which had started life as Traf-0-Data, and is now known as Microsoft. In 1981, Microsoft paid Seattle Software Works for an unauthorized clone of CP/M, and Microsoft licensed this clone to IBM which marketed it as PC-DOS on the first IBM PC in 1981, and Microsoft marketed it to all other PC OEMs as MS-DOS.

Microsoft first sent IBM to Digital Research, but IBM returned to Microsoft after failing to make a deal with Digital Research.
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Old 10-19-2010, 09:13 AM
 
Location: West Coast of Europe
25,947 posts, read 24,749,338 times
Reputation: 9728
Quote:
Originally Posted by WilliamSmyth View Post
Digital Research - CP/M

In 1974, Dr. Gary A. Kildall, while working for Intel Corporation, created CP/M as the first operating system for the new microprocessor. By 1977, CP/M had become the most popular operating system (OS) in the fledgling microcomputer (PC) industry. The largest Digital Research (http://www.digitalresearch.biz/DR.HTM - broken link) licensee of CP/M was a small company which had started life as Traf-0-Data, and is now known as Microsoft. In 1981, Microsoft paid Seattle Software Works for an unauthorized clone of CP/M, and Microsoft licensed this clone to IBM which marketed it as PC-DOS on the first IBM PC in 1981, and Microsoft marketed it to all other PC OEMs as MS-DOS.

Microsoft first sent IBM to Digital Research, but IBM returned to Microsoft after failing to make a deal with Digital Research.
Yes, something like that. Maybe that's why he donates money now, his poor conscience haunting him
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Old 10-19-2010, 09:38 AM
 
103 posts, read 95,082 times
Reputation: 50
Quote:
Originally Posted by jojajn View Post
But we can keep the wealthy rich by giving them bailouts and tax breaks on the backs of the poor!
Do you have any idea at all how tired, and worn-out that bilge is???
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Old 10-19-2010, 09:40 AM
 
10,092 posts, read 8,205,160 times
Reputation: 3411
Quote:
Originally Posted by swagger View Post
Microsoft doesn't make computers.
You know what he/she meant--that was snarky. Let's restate it--what happens when people can't afford to buy the computers that use microsoft products and services? I'm a small business owner, and my husband works for a company where he's also a shareholder--if people can't afford our products, we don't work either.
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Old 10-19-2010, 09:43 AM
 
624 posts, read 1,072,084 times
Reputation: 203
Quote:
Originally Posted by jojajn View Post
But we can keep the wealthy rich by giving them bailouts and tax breaks on the backs of the poor!
HUH? Are you saying that the poor help the rich make money or is it the other way around?

How come there is unemployment then?

Is it because these poor people don't want to make anyone rich at the moment....

OR....

there is NOT a single rich person willing to hire them?

edit: you must be a union worker to have your mentality.
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Old 10-19-2010, 09:47 AM
 
Location: Midwest
38,496 posts, read 25,820,712 times
Reputation: 10789
Quote:
Originally Posted by TimMcElwee View Post
Do you have any idea at all how tired, and worn-out that bilge is???
Come again??

Are you saying that you are tired of hearing about how the wealthy stay rich on the backs of the poor? Imagine how the poor, who pay these taxes, feel!

Were not the "bailouts" on wall-street paid for from tax dollars?

Quote:
Bonuses on Wall Street became a huge political story last year after AIG awarded bonuses to a unit blamed in part for the financial crisis that led to a $700 billion bailout.
Quote:
But TARP remains unpopular with the public, partly because of a sense that Wall Street was saved during the financial crisis while main street businesses were left to suffer. While Wall Street professionals hope to win bonuses, unemployment remained at 9.6 percent in September.
Wall Street expects big bonuses - The Hill's On The Money
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Old 10-19-2010, 09:48 AM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,444,477 times
Reputation: 6465
Quote:
Originally Posted by TempesT68 View Post
Bill Gates is a great example of a "rags to riches" story. His business started off small, then really kicked into gear during the clinton administration thanks to his pro small business bills and expanding technology. Microsoft went off like a rocket and one the most successful businesses to date. If it wasn't for Clinton supporting small business, the way we use computers today might be drastically different, if we even had things like the internet at all. Gates also is a devout liberal and donates heavily to charity. He's made national attention asking fellow millionaire and billionaires to donate to charity for people who really need it.
You can look for example now the stock market and big business are doing well but average americans are struggling, why? Mainly from big business hording those "trickle down" funds rather then creating jobs the way they were suppose to do, not to mention sending countless jobs to india and communist china. "Trickle down economics" failed under Reagan, failed under Bush, and was an epic failure under W.
The republicans need to get a clue their economic policies don't work. You can't build a house from the roof down.

Hate to break it you you this way, but The freaking Demtwits need to get a freaking clue, because their failed economic policies are to blame for the mess we currently are in.You can't build a house, without the right TOOLS!
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