Economy

[salty87]

Re: Economy

Originally posted by UFM82:<br />...Are you still running kerosene lamps in your house and using chamberpots?...<br />UFM82

careful, txs will have you doing that and more. you can share the savings with your comrades, i mean buddies.

 

[heycods]

Re: Economy

I make the score at 12 to 8 I think you lost on thisun Tx.

 

[txswinner]

Re: Economy

UFM82, I see your point but have trouble with population increases that eating out has this effect but who knows. The 8000 jobs were US.<br /><br />Next auto industry. Ford and GM problems lost jobs. This has that trickle down effect that the Reagan administration supported. No cars, no tires, no speedometers, no seat material, no steel, no wheels, no carbuerators, no anti freeze, no hoses, less plastic, less carpet, get it.<br /><br />I guess economy will be ok we can get them from other countries including the cars. Just remember those other cars other materials etc are being built by people who live like our ancestors did in the 18th century and early 19th century. <br /><br />You know the whole no toilet, eat beans, children work, no days off, 12 hour shifts, one room houses and on and on. <br /><br />That is not the America I want to leave for my children. Oh yeah and my small business is doing well also but the economy as a whole, no way.<br /><br />The morals of corporate managers are non-existent, the system to keep them intact (CPA) corrupt as well, education cost are becoming non affordable for the working man's children without huge loans.<br /><br />Never thought as a child and young man I would see America without the recognition of the importance of Labor in building our world. American Labor has built America, not corp., American Labor class has fought the wars at great cost, American corp. make money off wars (LOVE TO SEE SOMEONE SHOW ME WRONG ON THIS ONE), without American Labor there will be no American for rich or poor tomorrow. Might as well retreat back to Europe.<br /><br />Heycods, 12 to 8 ain't bad from an ole small town Texas boy, but I will try to win before it is over.

 

[Kwas]

Re: Economy

If you want to grow our country's economy, how about considering the following:<br /><br />1. Break up corporations that are so big they dictate cost. ie Exxon Mobile, Microsoft<br /><br />2. Put controls on Upper Management incomes and require complete disclosure of all income from Publicly traded corporations.<br /><br />3. Consider a cap on Upper Manager salaries vs. average worker income in Publicly traded corporations.<br /><br />4. Heavy import taxes on some items such as autos, computer parts, steel, plastic etc. with restrictions on companies to raise prices hiding behind the imports.<br /><br />5. Controls on cost of medical procedures and drugs. Reasonable is ok, today's cost are ridiculous. I have another plan here as well.<br /><br />6. Pay punitive judgements into a fund giving only a small amount to the plaintiff, the rest into some type of social fund.<br /><br />These would get the ball rolling. I am not pro-government but we must rein in government control by money from these giant conglomerates before it is too late.

Yes, I agree... If you want to get the ball rolling towards Socialism, or worse!

 

[POINTER94]

Re: Economy

Wow what a list. I am on the floor. I could see this in some third world dictatorship but in a FREE market economy, telling people what they can make, how much money they can make or how they can spend that money scares me. Perhaps a national work uniform like a gray union suit is right around the corner.

 

[demsvmejm]

Re: Economy

It is interesting that so many of you who want ot in other posts honor the founding fathers, don't know that one of the earliest trials in this country was of a businenssman. The crime? Selling at a profit. Paul Harvey reportined it as he "the Rest of The Story," series. Profit is not a dirty word, but greed is. And greed is what is driving so much of corporate America, and the goverment's welfare programs for corporate America.<br /><br />As for the healthy economy and the great gains in American jobs, reports have revealed that the vast majority of those gains are lower paying jobs replacing lost good-paying jobs. These reports are from government agencies, at least as reported my the evil "liberal" media.<br /><br />Whereas I agree that the age of un-educated/high-school-graduate-only upper-middle class (union workers) (example UAW) is over and totally unrealistic, I vehemently disagree with DeputyDawg. Employers will notpay what they can afford, instead they will pay no more than they must. They will oppress the wages as much as possible. On one hand this is good business as it keeps costs down, both operating and consumer, and increases potential profits. But at the same time it is detrimental as it weakens the American buying power, and suppresses the economy by decreasing the available, discretionary income.<br /><br />I also loath the idea of big government, but I completely understand the role of the government is to protect it's subjects, er ah I mean citizens. Allowing corporate America anything it wants is not protecting the American citizen.<br /><br />And something the republicans-can-do-no-wrong sheople refuse to understand is the outrage of the average "common man" about the oil industry's record profits. Think about it, record high supply prices, and still record profits. Few industries could reap record profits when costs of raw materials and of finished goods sky-rockets. Is it not reasonable to expect the oil industry to suffer a just little like the rest of us are suffering greatly?<br />As for the oil industry not controlling the cost, in Michigan, DTE Energy claims it doesn't mark up Nat Gas, it sells it at DTE's cost. Well what DTE does not want it's customer's to know is that DTE's exploration and production branch is a different entity from the utility we buy our nat gas from. So here's the dirty little secret, DTE P&E has a cost of X/cu ft. Sells it to DTE Energy for XX/cu ft. And then DTE Energy sells it to the customer altruistically for XX/cu ft. So the end effect is that DTE's parent company is still reaping significant profit while duping the consumer. I have a customer who works for DTE P&E (not the real name) and she would not deny this when I asked her.

 

[Twidget]

Re: Economy

4. Heavy import taxes on some items such as autos, computer parts, steel, plastic etc. with restrictions on companies to raise prices hiding behind the imports.

I have no problem with this. When trying to compete with nations that use slave labor or nearly slave labor we need to level the price. The big problem with this will be the screaming about price increases at the store.<br /><br />

1. Break up corporations that are so big they dictate cost. ie Exxon Mobile, Microsoft

This has been tried and failed already. Remember AT&T? They are slowly reassembling the old corporation.

 

[Twidget]

Re: Economy

Think about it, record high supply prices, and still record profits. Few industries could reap record profits when costs of raw materials and of finished goods sky-rockets. Is it not reasonable to expect the oil industry to suffer a just little like the rest of us are suffering greatly?<br />

This is a very good point. If their cost of raw material is at record highs, how can they make record profits at the same time. <br /><br />The other damning thing in the arguement to me was how quickly the price of oil came down when the heads of the companies had to go before Congress. If they didnt feel they were gouging, why the quick price reduction?

 

[SwampNut]

Re: Economy

I am not pro-government but

<br />No, you're a socialist. That's an experiment that has failed every single time.

 

[PW2]

Re: Economy

Txw, Shareholders are supposed to be monitoring compensation of executives. They elect the board. If they don't do their job, that's a different issue.<br /><br />Now granting huge tax incentives for companies like Exxon to implement their respective business plans is obscene, in my view.

 

[rodbolt]

Re: Economy

and the nice thing is my property is going up daily, I hope one of the 3 contracts will pay off soon, then I take all my money and move to a secluded location in venezuela and live happily everafter <br /> I hate to do it but the gas is cheap and the weather is warm and I can actually afford to live on my military retirement.<br /> the fact that the fishing is good will have no bearing on it .

 

[PW2]

Re: Economy

And Swampnut, I am no socialist, but Socialism has not failed each and every time.<br /><br />There are lots of examples of successful socialist countries--The G-8 is full of them, and the European union generally is closer to socialism than we are...<br /><br />I am *NOT* advocating their systems, but to say they are failing is a massive misreprestation of the facts.

 

[Kiwi Phil]

Re: Economy

We are very close to Socialism, so is UK, NZ. It works very well. There is a saying here: a country is judged by the way it treats is most vulnerable. I believe in that.<br />Our economy is going very well.<br />The problem that has crept in of late, is the cost of "compliance" to an employer. When over 5% of Turnover can dissappear to compliance, then no wonder some manufacturers move their plants off-shore, especially if their nett is only 15-20% of turnover.<br />Cheers<br />Phillip

 

[kenimpzoom]

Re: Economy

Originally posted by txswinner:<br /> If you want to grow our country's economy, how about considering the following:<br /><br />1. Break up corporations that are so big they dictate cost. ie Exxon Mobile, Microsoft<br /><br />2. Put controls on Upper Management incomes and require complete disclosure of all income from Publically traded corporations.<br /><br />3. Consider a cap on Upper Manager salaries vs. average worker income in Publically traded corporations.<br /><br />4. Heavy import taxes on some items such as autos, computer parts, steel, plastic etc. with restrictions on companies to raise prices hiding behind the imports.<br /><br />5. Controls on cost of medical procedures and drugs. Reasonable is ok, todays cost are ridiculous. I have another plan here as well.<br /><br />6. Pay punitive judgements into a fund giving only a small amount to the plaintiff, the rest into some type of social fund.<br /><br />These would get the ball rolling. I am not pro-government but we must rein in government control by money from these giant conglomerates before it is too late.

It would be a whole lot easier for you to move to a communist country.<br /><br />If it really bothers you that much, why dont you move.<br /><br />Oh yea...the countries that have all these things SUCK!!!!<br /><br />Ken

 

[kenimpzoom]

Re: Economy

Originally posted by PW2:<br /> Txw, Shareholders are supposed to be monitoring compensation of executives. They elect the board. If they don't do their job, that's a different issue.<br /><br />Now granting huge tax incentives for companies like Exxon to implement their respective business plans is obscene, in my view.

I do have one problem with corp america. The fact that the largest shareholders, board of directors, and the CEO are all the same person(s). There needs to be changes in this area.<br /><br />The tax incentives are required to lower the risk. Companies will not drill in certain areas because the risk is too great. You can blame the bean counters for this brilliant idea. Tax incentives lower the risk.<br /><br />Ken

 

[txswinner]

Re: Economy

JB, I am embarassed for you. Your statement is<br /><br /> "If you spend $100 BILLION dollars in a quarter $10 billion is a fair gross profit. What gives you the idea there will be no dividend?"<br /><br />Might we ask where that statement came from or should we have heard the pop when you pulled it out.<br /><br />They may spend the $100 Billion per year but then that would be in line with like a 40% profit. Only thing for sure is it is the largest 1/4 profit ever and by about 30% higher. Last highest was $7 Billion last 1/4.

 

[txswinner]

Re: Economy

Heycods, Any points for this last remark.

 

[RubberFrog]

Re: Economy

All this BS and then you'll all run off to Walmart to buy more chinese made junk.<br /><br />Buy American.

 

[CJY]

Re: Economy

Might we ask where that statement came from or should we have heard the pop when you pulled it out.<br />

 

[one more cast]

Re: Economy

Well I guess I have to jump in now. <br /><br /> RubberFrog, you keep saying buy American. Please take pictures of your stuff and post them so we can see what you mean by Buy American. Almost everything I own is as least part non American. What kind of toaster,coffee maker,blender,car,truck,can opener,eye glasses,pc ... do you buy. My GE toaster-made in china,my Radio shack calculator-made in Thailand, my hp computer-to hard to check but most likely an import,my hp keyboard-made in china, my Epson printer-made in China and the list goes on and on.