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Old 12-09-2012, 09:20 PM
 
Location: Palo Alto
12,149 posts, read 8,414,093 times
Reputation: 4190

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Quote:
Originally Posted by Magritte25 View Post
But yet, many of the CEOs and their direct underlings of companies bailed out by the gov't took their bonuses. Sorry, don't buy your statement.
Obama said they paid it all back....
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Old 12-09-2012, 09:25 PM
 
7,359 posts, read 5,460,918 times
Reputation: 3142
Quote:
Originally Posted by Lucidkitty View Post
So thats why 8 of the top 10 states with the highest income are democratic correct ?
The highest income areas are also the most populated areas. So not only do they have the most economic activity and the most job opportunities, they also have the most social ills as well - drug abuse, crime, etc.

It's just numbers. If 10,000 people live in a small down and 1,000,000 live in a city, of course the city is going to be richer. You're not making some brilliant point here, you're just stating the blindingly obvious.
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Old 12-09-2012, 09:27 PM
 
28,164 posts, read 25,289,646 times
Reputation: 16665
Quote:
Originally Posted by TrapperJohn View Post
Obama said they paid it all back....
What does that have to do with anything? They shouldn't have taken bonuses the year they received bailout money.
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Old 12-10-2012, 05:15 AM
 
Location: On the border of off the grid
3,179 posts, read 3,164,274 times
Reputation: 863
Quote:
Originally Posted by Ringo1 View Post
Maybe we should ALL just fire our lawn service; cleaning service, dog walking service; quit eating out; quit shopping at the mall or anywhere other than a grocery story; quit spending a small fortune getting our hair done; go without insurance . . .

wonder what would happen if all of us in the middle class did that in large numbers?
Well, I don't have a dog, but other than that, we fit the above bill and I assure you, we are not alone. What happens is what you are seeing - an America in decline.
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Old 12-10-2012, 06:38 AM
 
Location: New Orleans, LA
1,579 posts, read 2,340,086 times
Reputation: 1155
Quote:
Originally Posted by kidkaos2 View Post

It's just numbers. If 10,000 people live in a small down and 1,000,000 live in a city, of course the city is going to be richer. You're not making some brilliant point here, you're just stating the blindingly obvious.
Fail.

Ever been to Connecticut or Vermont?
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Old 12-10-2012, 07:30 AM
 
Location: NE Ohio
30,419 posts, read 20,295,184 times
Reputation: 8958
Quote:
Originally Posted by alphamale View Post
But when a business starts losing profits, they MUST continue paying for labor that they cannot afford?

They are called "greedy pigs", but you are being responsible?

It's basically the same thing. When you need to cut services, you do.....without regard for the people that you effect.
Well stated!

This is what is wrong with the union mentality. It fails to consider economic reality. This is why they are like parasites. Even though the host they are feeding off of is dying, their greed for more of the hosts flesh blinds them to the reality of the eventual death of the host, and their own livlihood is thus taken from them because of their greed.
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Old 12-10-2012, 07:41 AM
 
Location: On the border of off the grid
3,179 posts, read 3,164,274 times
Reputation: 863
Quote:
Originally Posted by nononsenseguy View Post
Well stated!

This is what is wrong with the union mentality. It fails to consider economic reality. This is why they are like parasites. Even though the host they are feeding off of is dying, their greed for more of the hosts flesh blinds them to the reality of the eventual death of the host, and their own livlihood is thus taken from them because of their greed.
Exactly so. The teacher's union better wake up big time.
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Old 12-10-2012, 07:44 AM
 
Location: NE Ohio
30,419 posts, read 20,295,184 times
Reputation: 8958
Quote:
Originally Posted by Magritte25 View Post
Because individuals and companies are two different things. People seem to not grasp this concept AT ALL.
Really? Are not companies made up of individuals? How are economic realities different for a company than for a faimily?

A family must live on a given annual income. A company also must operate profitably, and maintain a positive cash flow. When profits fall (for whatever reason), adjustments must be made.

In either case, money is not created out of thin air.
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Old 12-10-2012, 07:52 AM
 
13,418 posts, read 9,941,794 times
Reputation: 14348
Quote:
Originally Posted by ObserverNY View Post
Well, I don't have a dog, but other than that, we fit the above bill and I assure you, we are not alone. What happens is what you are seeing - an America in decline.
Well then, pull yourself up by your bootstraps.

Do something about it. You're just like all those whiney arse poor people, excuses excuses. Blame everyone except yourselves for your poor decision making. Where's your personal responsibility? Why don't you get a job?

I thought all you conservatives were resourceful, successful, responsible. Guess not.
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Old 12-10-2012, 07:54 AM
 
Location: Barrington
63,919 posts, read 46,707,495 times
Reputation: 20674
Quote:
Originally Posted by TrapperJohn View Post

The Hostess case raises other issues - the employees belonged to a multi-employer pension. The next company that hires any one of these employees inherits the liability. It makes them less employable.

I was not aware of the concept of multi-enmployer pensions till I read this and went under the hood.
That's a unique advantage to being unionized, that maybe made a tad of sense back when pensions were funded and there were more jobs than labor to fill them.

Who the heck is going to hire an employee who brings this kind of liability to the table?
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