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Re: FDR's Economic Bill of Rights [Re: GREENCOUNTYPETE] #8592328
4 hours ago
4 hours ago
Joined: May 2011
Oakland, MS
yotetrapper30 Online content OP
trapper
yotetrapper30  Online Content OP
trapper

Joined: May 2011
Oakland, MS
Originally Posted by GREENCOUNTYPETE
earnings / profits , the problem is the definitions get abused.

I mean 50% of what is brought in after the liabilities of building , energy , property taxes , materials , and other production costs are covered.
get reinvested in the employees under vice president.

you can take that other 50% and split it 25% to top employees and 25% at building updates and expansion.

everyone walks away from that well paid , business thrives

it's not going to happen because taking care of employees and building them as your biggest resource isn't valued

you can call me a socialist or whatever

I hate government getting into regulating business but it also won't take care of it's employees if it isn't required to in some way.

share holders should get value from the safety of the companies standing and growth when they sell their shares.
they are there to earn profit by lending money as stock and getting paid back in interest when the stocks are sold or repurchased by the company.


How much do you expect a company to grow if now 75% (50% was bad enough!!!!) of its profits are being handed out to employees in addition to the wages the employees agreed to work for? You realize that things like R&D, as well as the literal building of new facilities capable of keeping up with the ever changing technology require HUGE capital expenditures, right? Where do you think the money for that comes from??? It comes from the profits you're wishing to hand out to employees who did nothing to earn them......

So the company........ which you own no part of.... but are gracious enough to allow 25% of the revenue to be reinvested into...... may be able to scrape by on that but they surely will not be able to innovate or expand.

You do realize that investing in the market comes with RISKS right, and that those who invest in companies expect to earn a return that makes it a risk worth taking?

In your scenario, an investor would have to be stupid to invest in a company that's only returns will be based on the tiny amount the company will be able to grow due to strangling labor costs.... anyone with even the most basic knowledge of economics would know it would be much more prudent to instead put their money in no-risk (or almost no risk) options such high yield savings accounts or government securities.

But really, your arguments have just gotten so far out in left field now that I'm finding it hard to even debate this with you.


Gotta find a way, a better way, I'd better wait

Just because you're paranoid doesn't mean they're not after you
Re: FDR's Economic Bill of Rights [Re: yotetrapper30] #8592342
4 hours ago
4 hours ago
Joined: Feb 2011
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
alberta
“If socialist’s ACTUALLY understood economics,,, there wouldn’t be any socialists”

Great quote!

Re: FDR's Economic Bill of Rights [Re: yotetrapper30] #8592373
3 hours ago
3 hours ago
Joined: Mar 2007
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
McGrath, AK
I have always wondered .....if the company lost money one or two years would the employees then have to reimburse the shareholders instead of receiving 50-75% of the profits or their full wage ?

Would employees be satisfied getting stock instead of a check every two weeks ??
Something tells me those things wouldn't happen.

That is why 'skin in the game' matters.

The whole concept reminds me of the 20th Century Motor Company


Mean As Nails
Re: FDR's Economic Bill of Rights [Re: beaverpeeler] #8592394
2 hours ago
2 hours ago
Joined: Dec 2006
Rodney,Ohio
SNIPERBBB Offline
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SNIPERBBB  Offline
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Joined: Dec 2006
Rodney,Ohio
Originally Posted by beaverpeeler
Pure capitalism (with no safeguards) is what drove America into the big depression to start with. It will always be a blend of socialism and capitalism for a country to treat its citizens right imho.

BTW, no mention made of the FDR's invention the CCC (1933-38) which really helped hundreds of thousands of struggling families. Ingenious. I think that program really helped give Americans hope at a time when everything appeared hopeless.

We had deeper depressions before the a Great Depression. Government involvement is what made it last till WW2
The previous recessions took much less time to recover.


There's always a cycle.

What industry has vastly improved after the government bailed it out other than the banking industry ?



Re: FDR's Economic Bill of Rights [Re: yotetrapper30] #8592403
2 hours ago
2 hours ago
Joined: Mar 2007
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
McGrath, AK
The first principle of economics is: Don’t transfer income by distorting prices. The first principle of politics is the opposite.


Mean As Nails
Re: FDR's Economic Bill of Rights [Re: yotetrapper30] #8592408
1 hour ago
1 hour ago
Joined: Sep 2013
Northeast Oklahoma
M
Mike in A-town Offline
trapper
Mike in A-town  Offline
trapper
M

Joined: Sep 2013
Northeast Oklahoma
FDR and Woodrow Wilson are probably the 2 worst presidents the US ever had... Most of the problems we face today can be traced back to either one or both of their administrations.

No public sector unions. Ever. If you want better wages and benefits then get your butt out in the private sector and compete for it like the rest of us.

Set a cap on individual campaign donations... The only way a corporation or union gets to donate to a campaign is if the employee signs an affidavit stating the company/union is allowed to donate in their name... And only up to the cap amount.No signed affidavit, no donation. And if the employee allows the company to donate in their name, they can't donate again on their own. And if the company/union fails to produce the affidavit for a single employee when asked... All donations made by said company/union must be returned by the candidate to the company/union.

Mike


One man with a gun may control 100 others who have none.

Vladimir Lenin
Re: FDR's Economic Bill of Rights [Re: yotetrapper30] #8592411
1 hour ago
1 hour ago
Joined: May 2010
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
MN
Pretty hard to set campaign donations unless we change the constitution.


"Gold is money, everything else is just credit" JP Morgan
Re: FDR's Economic Bill of Rights [Re: Steven 49er] #8592415
1 hour ago
1 hour ago
Joined: Sep 2013
Northeast Oklahoma
M
Mike in A-town Offline
trapper
Mike in A-town  Offline
trapper
M

Joined: Sep 2013
Northeast Oklahoma
Originally Posted by Steven 49er
Pretty hard to set campaign donations unless we change the constitution.




FEC | Candidate | Contribution limits https://share.google/VyESJayGBDC9Gvu4v

Mike


One man with a gun may control 100 others who have none.

Vladimir Lenin
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