HBB fighting the good fight / lets spoon

[vaylorie]

Originally Posted by Mighty Xenu [You must be logged in to view images. Log in or Register.]

Tired, but to start with, I have a problem with decent hard working folks loosing their 401K's while the Govt. bails out the banks.

DJI closed at a record high today. I don't know about you but my 401K has actually grown in value since 2008. The value did drop for a time, but this is the risk of investing.

Originally Posted by Mighty Xenu [You must be logged in to view images. Log in or Register.]

I have a problem with the big companies taking taxes out of their employees paychecks but not giving it to the state and fed.

I have literally never heard of any large company withholding taxes and not paying them. If they do, it would be reported and the company would get tremendous fines. You are essentially either making this up or you don't mean 'big companies' as you indicated. Perhaps a mom and pop store that doesn't know how to operate has done this.

Originally Posted by Mighty Xenu [You must be logged in to view images. Log in or Register.]

I dont like supreme court judges that used to be vp's of companies like Monsanto sitting over cases that they own stock in.

I have no idea what you are referring to here but I also wouldn't like this.

Originally Posted by Mighty Xenu [You must be logged in to view images. Log in or Register.]

I dont like the ceo's and companies having record breaking profits while cutting jobs, bennies and raising prices and screwing us over. Just to name a few

Have you thought that companies aren't reinvesting profits because they have no idea what the economic climate will be and/or the impact of constantly changing policies, like obamacare, that are potentially detrimental to business and that politicians pass without actually knowing the impact? They are indeed businesses and are responsible to the people that own the company (stockholders, including the aforementioned 401K investors) to generate a profit and grow the company.

[Kagatob]

Originally Posted by vaylorie [You must be logged in to view images. Log in or Register.]

DJI closed at a record high today. I don't know about you but my 401K has actually grown in value since 2008. The value did drop for a time, but this is the risk of investing.

Have you thought that companies aren't reinvesting profits because they have no idea what the economic climate will be and/or the impact of constantly changing policies, like obamacare, that are potentially detrimental to business and that politicians pass without actually knowing the impact? They are indeed businesses and are responsible to the people that own the company (stockholders, including the aforementioned 401K investors) to generate a profit and grow the company.

Huh...

[vaylorie]

Originally Posted by Mighty Xenu [You must be logged in to view images. Log in or Register.]

Bullshit, companies will take and keep all they can. You really think a company that has record breaking profits with the minimum amount of employees, most on contract with no benefits, is suddenly going to create more jobs and decide to run less efficient?

This is just foolish, especially your unfounded accusation that 'most' people that work for companies are on contract and don't have benefits. The rest of your rant makes complete sense, if you have no concept for how the world actually works. Companies don't hire people just to create jobs, they hire people to scale and expand the business. To help you catch up, if I hire more sales people, I can sell more. If I hire more factory workers, I can produce more. Hopefully you get the point.

Yes, they are responsible to keep all they can and operate efficiently but that is not the same thing as not hiring more people. When a company is unsure how an economy or economic policies are going to impact their business they will automatically become more conservative financially. Let me break this one down for you also. It I bring in $1M in profit this year and I want to grow my business, I can reinvest some of that money into the business by way of infrastructure, facilities, people, etc. If the government passes legislation that is going to take my profit from $1M to $250K I am not going to reinvest much, if any, since I still need to make a profit to be a viable company. Now if I don't have any form of realistic picture of what government policies are going to be coming down the road in the short term that may impact me, I am not going to reinvest any additional money until there is a sense of stability.

Also, just so you understand, YES, a company does make a profit and they should. Any company that doesn't turn a profit is either 1) a Non-Profit organization or 2) going out of business. It is not the primary purpose of a business to create jobs, but a successful and unimpeded business will create jobs as well as profit as it is a mutually beneficial situation.

You can say it is BS but I have met with 20+ small business owners that have said the EXACT same thing. They are holding onto cash right now because they don't know how Obamacare and other legislation is going to impact them. This is the reality even if it doesn't fit your perception.

Originally Posted by Mighty Xenu [You must be logged in to view images. Log in or Register.]

All I know is there is a lot of fucking BS going on here. It's naive to think everything is Honky Dorey and sum it up as "poor people are mad and I'm going to be rich". The 1% are getting richer and richer and paying less and less, everyone else is struggling to survive and get a piece of the American dream and getting less and less in return for their efforts.

You have no logical reasoning for correlation or causation. Yes, the poor are staying poor. Yes, the rich are getting richer. You submit that the poor are poor BECAUSE the rich are getting richer which is ridiculous. The economy is not a static number of dollars that are just slowly moving away from the poor and towards the wealthy. Apart from your unfounded bullshit you have shown nothing that says the rich guy getting richer negates the ability for the poor man to increase his station.

It's very easy to be envious and make a demon out of a rich person because they have money and you want money. To further that cause, you make outlandish statements and try to conjurer up the idea that all wealth is evil (unless you would have it). You hear some moron twist data and then repeat it like it is fact while having no actual notion for how shit really works. If you basis is youtube video's, you are already screwed.

[purist 5.2]

Originally Posted by Mighty Xenu [You must be logged in to view images. Log in or Register.]

didn't read cuz you're a Tool.
sux it

Dredge, is this your 42nd forum account or 43rd?

[vaylorie]

Originally Posted by Mighty Xenu [You must be logged in to view images. Log in or Register.]

Drop for a time? Your showing your youth here, people lost their retirements, coupled with loosing all the equity in their homes from the hosing crash equals a large segment of our population getting completely fucked, meanwhile you got the big business ethics supported by wall street where numbers is all that matters. Read a book about what happened at Enron. The stock market is up mostly because the 1%er's felt like playing with their money.

Yes, drop for a time. I'm showing my youth? Some people may have lost some of their retirement but really the market fully recovered in a 5 year span. This IS flux in the market. It was a tremendous flux at the time but if you left your money in the market, you have the same amount today (roughly) than you had in 2007. Not a lot of growth clearly but you didn't 'lose your retirement'. If you took your money out when the market crashed then you are a moron and shouldn't have invested to begin with.

Again, 'the stock market is mostly up because the 1%ers felt like playing with thier money'. Again, a fun statement but unfounded and no real data to support this other than if furthers your perceptions. Yes, the crash showed major problems in the financial sector, the housing market is not yet recovered, the jobs market is not yet recovered, but know what you are talking about before painting a picture of a poor old lady that was forced to work at walmart because her retirement was annihilated. It may have altered her plans, but if she was 5 years out from retirement she was likely shielded by much of the losses due to being diversified into less-volatile securities and assets.

Originally Posted by Mighty Xenu [You must be logged in to view images. Log in or Register.]

Across the United States more than 2,700 companies are collecting state income taxes from hundreds of thousands of workers - and are keeping the money with the states' approval, General Electric, Goldman Sachs, Procter & Gamble, Chrysler, Ford, General Motors and AMC Theatres enjoy deals to keep state taxes deducted from their workers' paychecks. Foreign companies also enjoy such arrangements, including Electrolux, Nissan, Toyota and a host of Canadian, Japanese and European banks.

Idiot, this is not companies keeping your money that should go to the state as your originally said. Do you blame the company that they received tax advantages from the state for building somewhere or doing business somewhere? Do you think the state or municipality offered the tax advantage because the business being there offers tremendous benefit to the state or municipality by bringing tons of workers, income & sales tax, and local spending to the region? How can you not think past step 1 here? Try to understand the reason things are done and don't be so gullible from your stupid friends.