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  1. #501
    I am Murloc! Peaky Blinder's Avatar
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    Yes i agree cut the hours of those poor people why should poor people have money

    only rich people should be allowed to buy the cheap crap that themselves produce and sell

    oh wait thats right the economy is based upon people buying shit not having shit sit on the shelfs gathering dust

    the reason why the consumer society came about was because poor people found that they could afford to buy little luxuries that make life worth living thus powered the capitalist society that we belong too thanks to socialist policy's and the rights that workers won through struggle

    The rich capitalists need to take a step back and learn to throw a dog a bone before the dog bites him back!

  2. #502
    Welcome to neoliberalism which made capitalism this abomination of what it once ment to be. To all the people who agree with it just think if you were the fired employee. This system wont hold on for much longer 10 maybe 20 years before it will all fall down, nihil novi.

  3. #503
    Dreadlord Vexies's Avatar
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    Its effect will probably be the opposite: higher costs.
    Its not a probably its a definite. My insurance rates are raising next year to cover the added costs of Obama care, got to love that crap.

    To those vilifying companies for having to layoff employees to cover the costs of this horrible system.. what did you expect to happen? Do you really think any business is going to except making less money? That is what they are in business for..

    A companies job is to turn a profit and to be MORE not less successful than the year before. If not you look for was to ensure you at the very least break even and do your best to not lose ground. Layoffs and restructuring to avoid having to pay this travesty was the obvious and only choice. But then she sheep forget that right? and making money is bad right? cause everyone works for the good of man right? lol

    Like that ever has or ever will work anywhere.

  4. #504
    Quote Originally Posted by Waaldo View Post
    What a bunch of children. If Romney got elected the same thing would be happening.
    This is a nice thought, but Romney was against Obamacare. So there's at least a better chance that it wouldn't be happening.

    You're right though, it is partially because Obama wants to keep Obamacare + get rid of the Bush tax cuts on millionaires. Both are going to cut into their bottom line.

    ---------- Post added 2012-11-14 at 07:05 AM ----------

    Quote Originally Posted by Vexies View Post
    Its not a probably its a definite. My insurance rates are raising next year to cover the added costs of Obama care, got to love that crap.

    To those vilifying companies for having to layoff employees to cover the costs of this horrible system.. what did you expect to happen? Do you really think any business is going to except making less money? That is what they are in business for..

    A companies job is to turn a profit and to be MORE not less successful than the year before. If not you look for was to ensure you at the very least break even and do your best to not lose ground. Layoffs and restructuring to avoid having to pay this travesty was the obvious and only choice. But then she sheep forget that right? and making money is bad right? cause everyone works for the good of man right? lol

    Like that ever has or ever will work anywhere.
    My insurance is going down next year...

  5. #505
    Quote Originally Posted by Varabently View Post
    This is a nice thought, but Romney was against Obamacare. So there's at least a better chance that it wouldn't be happening.
    Actually, Romney was only against the part of Obamacare that payed for it.
    You're right though, it is partially because Obama wants to keep Obamacare + get rid of the Bush tax cuts on millionaires. Both are going to cut into their bottom line.
    Lets not mix corporate and private taxes.


    My insurance is going down next year...
    As is mine. Ironically Insurance in the US has been rising at an Obscene rate well before the ACA was introducted.

  6. #506
    So some guy thats worth 100 million will end up being worth 90 million instead, thats tough... I hope they will manage to survive on that.

  7. #507
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    Quote Originally Posted by sulfuric View Post
    I actually think the CEO's are doing this to intentionally hobble their companies, to make Obama look as if he is hurting them. Kind of the equivalent of getting brushed up against in soccer and throwing yourself to the ground, howling in agony and hoping to God everyone watching believes you've genuinely been fouled.

    Holy. Fucking. Shit. YES YOU CAN

    When a company wants to cut its employees overtime, pension, benefits, to make more money you can be mad at them.

    When a company increases its carbon footprint and dumps its polluted afterproduct to save money into a local river, pond, lake, or even woods you can be mad at them.

    When a company moves its factory from Detroit Michigan to Hong Kong because Chinese labor laws allow them to place their workers in dangerous working conditions and pay them far less, you can be mad at them.

    When a company creates a product that sells based on its "guarantee" and the they find every loophole and exemption to avoid honoring their garuntee you can be mad at them.


    Somewhere along the line the World of Warcraft community has accepted EVERYTHING blizzard has done on the basis of "A corporation has got to make money" where has your consumer expectations gone? What you're willing to purchase is a deciding factor in capitalism, so why are you willing to purchase anything and tell yourself "oh capitalism you're silly" when things go awry.
    QFT

    Yes business's have to make profits but not by shitting on everyone so you can increase your 100 million dollar profit to 110 million.

  8. #508
    There is a very simple problem that people dont realize with this too. They think that universal health care is free and that them insuring all these americans wont cost anything. In truth you pay for universal healthcare through hirer taxes. Even with Obamacare they say if you make below a certain amount that they are going to reimburse you so that you can afford health insurance.

    What this really means is that unlike a business the government doesn't make any money. They are simply redistributing money that they collect through taxes. So people like me who pay taxes are going to have to pay more taxes for people who cant go get a job that provides health insurance. I have seen young adults who do nothing but sit and collect welfare because they are too lazy to go find a job or get an education to improve upon themselves. This is really the true problem with this new law. Not to mention that since Obamacare is forcing you to buy a product from a private company just for the sheer fact that you are alive that should worry people. Why cant they force you to buy other products now from other private companies if they think it will improve your life.

    Also I will agree with the above, forcing increases in the minimum wage doesn't help. All it does is causes the prices of products to go up and hurts people who don't make minimum wage because now we are pay more for products. The last time they increased the minimum wage here in the US, I saw my prices go up for what I was buying because business are in business to make money and they are going to keep there profit margins the same. But because I was a couple of dollars above minimum wage my pay didnt increase but everything I was paying for did. You can argue that well they have more money to spend but they really dont because the costs just went up that they are paying for those items.

  9. #509
    I need to stop reading these type of threads, one day I'll reply my honest thoughts and get banned. The rest of the world can only laugh/cry. It amazes me how utterly freaking pathetic a nation can collectively be. Or how selfish. Definitely the selfishness more than anything else.

    However I'm not sure which is worse; the idiocy of the act, or the people defending it without even the slightest comprehension (to be expected when defending something incomprehensibly stupid I suppose).

  10. #510
    Quote Originally Posted by Aleros View Post
    This. The Americans who listen to Faux News and drink the Right's Kool Aid are pretty ignorant of the rest of the world and economics in general. Obama/Clinton are responsible classical Republicans along the same vein of Reagan and Taft who promote small business and sought to bring down big business because they know big business tries to take any shortcut it can and exploits local communities, hiring as few people as possible to make profit from the most people as possible. Most of us fiscally responsible and knowledgeable Americans breathed a sigh of relief when Mittens was thoroughly defeated.
    Clinton's administration was responsible for the housing bubble burst which is one of the prime factors of the economy being the way it is and yet people still glorify him because the liberal media tells them they should. Do some research.

  11. #511
    Gosh, so, personally, my health care costs have gone up $4,000 this year, and you think I'm a jerk for telling my family that we have to cut back further simply because we've already cut back because my income has also gone down?

    Lousy economy + increasing expenses + increasing overhead - lower income = more cutbacks. Simple.

    People who don't understand math or economics shouldn't try to form thoughts based on political hogwash they've been spoon-fed.

    ---------- Post added 2012-11-14 at 08:34 AM ----------

    Quote Originally Posted by theKarn View Post
    I just want to say to all the corporations out there that: IT'S NOT JUST ABOUT YOUR BOTTOM LINE. YOU CAN BE SUCCESSFUL WITHOUT SHITTING ALL OVER THE PEOPLE WHO MADE YOU SUCCESSFUL IN THE FIRST PLACE.
    You, like almost everyone else, fail to understand how this works. Suppose I run a large public corporation. Ok, sure, let's say I, and my board, make a lot of money. But my job is to maximize profits - for shareholders. More on that in a minute. If the economy is bad, and I am not increasing revenues, then I must cut expenses. The largest expense in most companies is its employees.

    Now, what's all the hoopla about profits? Why can't these greedy CEO's make a little less and make the world a better place? Because lower profits mean lower stock prices. Lower stock prices means unhappy shareholders...but who are the shareholders?

    Let's assume that my company is a Fortune 500 company. That means that it's probably included in the S&P 500, the Russell, and a few other indices. The point being, there is a high level of institutional ownership. Maybe as high as 90%. So who are your institutional owners? Well, as it turns out, most of them are the woefully underfunded pension funds being managed for the benefit of public employee unions, ERISA's, and 401's.

    So, it all comes around to: if public companies are not managed in a way that maximizes profits and drives stock prices up, the main people who are hurt are the very people complaining about the greedy bastards on Wall Street.

  12. #512
    Quote Originally Posted by Ayonel View Post
    Gosh, so, personally, my health care costs have gone up $4,000 this year, and you think I'm a jerk for telling my family that we have to cut back further simply because we've already cut back because my income has also gone down?

    Lousy economy + increasing expenses + increasing overhead - lower income = more cutbacks. Simple.

    People who don't understand math or economics shouldn't try to form thoughts based on political hogwash they've been spoon-fed.

    ---------- Post added 2012-11-14 at 08:34 AM ----------



    You, like almost everyone else, fail to understand how this works. Suppose I run a large public corporation. Ok, sure, let's say I, and my board, make a lot of money. But my job is to maximize profits - for shareholders. More on that in a minute. If the economy is bad, and I am not increasing revenues, then I must cut expenses. The largest expense in most companies is its employees.

    Now, what's all the hoopla about profits? Why can't these greedy CEO's make a little less and make the world a better place? Because lower profits mean lower stock prices. Lower stock prices means unhappy shareholders...but who are the shareholders?

    Let's assume that my company is a Fortune 500 company. That means that it's probably included in the S&P 500, the Russell, and a few other indices. The point being, there is a high level of institutional ownership. Maybe as high as 90%. So who are your institutional owners? Well, as it turns out, most of them are the woefully underfunded pension funds being managed for the benefit of public employee unions, ERISA's, and 401's.

    So, it all comes around to: if public companies are not managed in a way that maximizes profits and drives stock prices up, the main people who are hurt are the very people complaining about the greedy bastards on Wall Street.
    If it makes you feel better I understand you and agree with you. Not many others will though because the liberal media tells them different and they won't do their own research to prove otherwise.

  13. #513
    The Lightbringer Deadvolcanoes's Avatar
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    Forbes did a great article going through the math of John Schnatter's claims. They found that the price increase per pizza is actually 3.4 to 4.6 cents per pizza.

    http://www.forbes.com/sites/calebmel...bamacare-math/

    So not only does this guy make shitty pizza, but he sucks at math.

    My favorite part of the article:

    Meanwhile, shares in Papa John’s International have been tumbling since last Thursday, falling from $51.70 at market close Wednesday to $49.22 on Monday, a 4.2% drop.
    It is difficult to free fools from the chains they revere.

  14. #514
    Merely a Setback Rukentuts's Avatar
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    Quote Originally Posted by Varabently View Post
    You're right though, it is partially because Obama wants to keep Obamacare + get rid of the Bush tax cuts on millionaires. Both are going to cut into their bottom line.
    Tax hikes on wealthy individuals do not cut into a business' bottom line. There is a separate business tax code.
    Quote Originally Posted by GreatOak View Post
    Hey, as a transabled, transethnic, non-binary, genderqueer, neo-communist, indoor-capable republican otherkin I am offended by your callous display of ignorance.

    Cycling Logs: 2012, 2013, 2014 (YTD-9.30).

  15. #515
    I'm not sure I want to make much of the "tumbling" shares. Stocks fluctuate in a semi-random fashion for all sorts of reasons, and the overall trend for Papa John's has been strongly upward. If they've flinched down slightly over an internet meme, they're probably a decent enough buy at the moment.
    Quote Originally Posted by Orlong View Post
    I either wear welders goggles when I drive, or I go at night

  16. #516
    Brewmaster Shon237's Avatar
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    Quote Originally Posted by Rukentuts View Post
    Tax hikes on wealthy individuals do not cut into a business' bottom line. There is a separate business tax code.
    Exactly. Sorry most just take the crap in about the wealthy and do not even understand how business tax works. In my start up business I knew from the start to file as a corporation or LLC which a) protects you from all incoming getting taxed, especially C-corporations. 2) protects you from individual law suits, which in the law suit happy society probably will happen once in you business lifetime.

    Also this douche Papa John takes the cake. He is crying because of all his part-time employees and people he barely pays minimum wage will raise his health cost by 3-5 cents a pizza. People have to realize INCOME TAX to the rich do not create jobs, how well the economy creates jobs. Just look at past 8 years under Bush and even Obama who extended the cuts and the job market was stagnant.
    Last edited by Shon237; 2012-11-14 at 03:33 PM.

  17. #517
    LOL that is the worst business move ever.

    You don't lay people based on increased prices, you lay people off based on demand for your product or if a product line is simply not profitable.

    /facepalm


    Does someone have the sales figures? Maybe business took a hit, and they are passing the blame on to Obama.
    Last edited by Purlina; 2012-11-14 at 03:15 PM.

  18. #518
    The Lightbringer Deadvolcanoes's Avatar
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    Quote Originally Posted by Spectral View Post
    I'm not sure I want to make much of the "tumbling" shares. Stocks fluctuate in a semi-random fashion for all sorts of reasons, and the overall trend for Papa John's has been strongly upward. If they've flinched down slightly over an internet meme, they're probably a decent enough buy at the moment.
    You're right, the tumbling shares could be nothing more than business as usual.

    But there has been a pretty huge "internet" backlash against this guy. This is the age group that's probably most likely to buy his product. I wouldn't be surprised if it ends up hurting his bottom line.
    It is difficult to free fools from the chains they revere.

  19. #519
    I find it funny/sad that better healthcare & welfare with higher taxes is like the devil. Rest of the world or atleast most countries in europe/scandinavia do that way and it works fine. Its like little kids that just rage because they dont like change and think its worse.

  20. #520
    Merely a Setback Rukentuts's Avatar
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    Quote Originally Posted by Totikki View Post
    I find it funny/sad that better healthcare & welfare with higher taxes is like the devil. Rest of the world or atleast most countries in europe/scandinavia do that way and it works fine. Its like little kids that just rage because they dont like change and think its worse.
    Scandinavia has a broader tax base than the USA, however.
    Quote Originally Posted by GreatOak View Post
    Hey, as a transabled, transethnic, non-binary, genderqueer, neo-communist, indoor-capable republican otherkin I am offended by your callous display of ignorance.

    Cycling Logs: 2012, 2013, 2014 (YTD-9.30).

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