Discussion Forums > Politics
Democrats want to separate the rich, from the very rich.
mgz:
Once again most of the things the US is ranked low in compared to other nations is because as a whole the nation is mediocre , about half the country gets better treatment then most people around the world for living conditions if not more.
kyanwan:
--- Quote from: August Osari on July 21, 2009, 06:55:04 AM ---Also, the only arguments I'm seeing in this thread are "RICH PEOPLE ARE JERKS SO WE HAVE TO BRIBE THEM." Sure, they're jerks. That's why you SHOULDN'T GIVE THEM MORE MONEY. They don't even try to earn it. You should only get paid if you produce something, and all these people do is move money around, producing nothing.
--- End quote ---
I thought the same thing myself. But, we'll give you a hypothetical situation:
Manufacturer X - let's say, a small business up the street from me- "Scorpion Fasteners." Real place.
Say, they win a contract from Boeing. Produce 50 million screws for their new airliner. Each screw costs $0.20 due to special materials and strict quality control & testing standards. They need $4 million - bam - right now.
Where do they go? Who has $4M laying around?
Now, when this company gets this job, who makes the screws - exactly.
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Let's take another step into this situation. Who pays the workers? With contract work of this type - the buyer who issues the work order usually pays 60-90 days after the work is delivered. The company making the product or delivering must finance - they must handle all the costs for labor, materials, quality control, shipping - all of the above.
This, unless they have created some alternate terms. But believe me, when you've got the potential to make something like 4M or some big contract amount for your company - the work issuer will say - hey, you finance it - or this other place that we have will make them, and they've already got the financing. It's our terms, or you lose the work.
True for foodservice, retailers, automobile, manufacturing, service industry - everything.
Where would Google be without venture capital?
Money is the backbone of every aspect of our economy. Those with the money, are the fuel for our machine. Attacking them, will make them leave.
There are places in the world, places growing fast - which do not have the burden that doing business here does. If we stifle our own economy like this, the money will move elsewhere. Obama has no clue what the hell he's doing, he has no clue what the hell business does. Nobody will win in the end. We'll all lose - from the guy who refuses to work at McDonalds - because his welfare benefits are better ---- to the Investment Banker- who will no longer have work in the USA ... because the industry died, c/o debilitating taxes to prop up a bunch of freeloading bastards.
--- Quote from: mgz on July 21, 2009, 05:12:31 PM ---Once again most of the things the US is ranked low in compared to other nations is because as a whole the nation is mediocre , about half the country gets better treatment then most people around the world for living conditions if not more.
--- End quote ---
I saw a guy who looked pathetic at the grocery store this morning. I assumed, the guy received state aid. Not because I watched the payment method, but because of the look he had.
Our state, offers many avenues for people at the bottom - to reach to the top. You can get a free GED - through no-cost or low-cost Adult Education. We have associate degree programs through the state university system which are extremely cheap - I'm talking $1000-2000 per semester.
If you are at the bottom, you need to put forth an effort. 2 years or less - you can get a decent job that is respectable, and you will be proud to say you do.
What is the only requirement to do such? A little thing called: effort. A bit of hard work. Not even that much - only a year or two. Is that too much to ask? They're not even paying for the bulk of it!
So whose fault is it, if someone remains a pathetic loser?
Is it my fault that someone won't get up in the morning?
Is it my neighbor's fault?
How about the rich guy who lives in Greenwich - is he somehow stopping a guy in Hartford from leaving his house, going down to the school - and learning something?
Not really - actually the rich guy is already financing the education that they refuse to get. The rich guy is paying for the empty seat in the classroom with that man's name on it. The only thing that people will take - are the programs that are a free ride, with no work.
Now - while I've said a million times, I have no problem giving ASSISTANCE, I would rather take the teach a man to fish approach. Public benefit and public options - should have a requirement of education. Forget job searches. If you want welfare or public benefits - you go to school - for an associate's degree or better. You maintain a C+ or better average, or your benefits are cut. Then you get a few months (6-8 is fair.) additional support after you graduate - so you have time to find a job.
That's the way it should be done.
This will not only solve status problems, earnings problems - but it will improve the quality of our society. It will improve the quality of life of our disadvantaged. Not only that, but they will have the dignity of being able to earn a good quality of life with their own skills.
Me - I don't care what other "conservatives" think. I'm strongly sided with - if we're going do do ANYTHING for people, give them anything for free - it should be an education & earning skills.
relic2279:
--- Quote from: kyanwan on July 21, 2009, 06:19:56 PM --- It's our terms, or you lose the work.
--- End quote ---
If you are already in business, get awarded a nice fat contract from say, Boeing, I don't exactly see why they'd have to seek out venture capital. A bank would have no problem giving such a loan to a small company as long as it's not a shady deal.
Don't know how other small business operate, but when my father had his own HVAC company (relatively small, 12-15 employees) and was awarded larger contracts, payment was done half now, half on completion.
kyanwan:
--- Quote from: relic2279 on July 21, 2009, 07:23:09 PM ---
--- Quote from: kyanwan on July 21, 2009, 06:19:56 PM --- It's our terms, or you lose the work.
--- End quote ---
If you are already in business, get awarded a nice fat contract from say, Boeing, I don't exactly see why they'd have to seek out venture capital. A bank would have no problem giving such a loan to a small company as long as it's not a shady deal.
Don't know how other small business operate, but when my father had his own HVAC company (relatively small, 12-15 employees) and was awarded larger contracts, payment was done half now, half on completion.
--- End quote ---
It's all relative. When you deal with the largest consumer in the nation - the Federal Government, or any Government agency - local, state - it's our terms (Net 30) or forget it.
I used Boeing as an example, with subcontracting in mind - because they get the money to pay the subcontractor Net 30. You get paid Net 60 or Net 90. You can push the terms by doing a Net30/15 Net60/10 Net90/0 or something ... but that hurts.
Lines of credit like that - the banks are investing, and they expect a decent immediate return that's guaranteed.
relic2279:
--- Quote from: kyanwan on July 21, 2009, 09:27:41 PM ---Lines of credit like that - the banks are investing, and they expect a decent immediate return that's guaranteed.
--- End quote ---
That was kind of my point. If you are a small company doing business with a huge company, and just got awarded a juicy contract, why wouldn't the banks see that as a profitable investment to give money to you? It would be easier then finding individual investors or investor firms for venture capital.
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