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Re: FDR's Economic Bill of Rights [Re: GREENCOUNTYPETE] #8592328
9 hours ago
9 hours ago
Joined: May 2011
Oakland, MS
yotetrapper30 Offline OP
trapper
yotetrapper30  Offline 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
8 hours ago
8 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
7 hours ago
7 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
7 hours ago
7 hours ago
Joined: Dec 2006
Rodney,Ohio
SNIPERBBB Offline
trapper
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
6 hours ago
6 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
6 hours ago
6 hours 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
6 hours ago
6 hours 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
6 hours ago
6 hours 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
Re: FDR's Economic Bill of Rights [Re: yotetrapper30] #8592552
3 hours ago
3 hours ago
Joined: Jan 2019
North central Iowa
B
Bob_Iowa Offline
trapper
Bob_Iowa  Offline
trapper
B

Joined: Jan 2019
North central Iowa
Originally Posted by yotetrapper30
Originally Posted by Bob_Iowa
I believe the right to a good education is critical to the country, the important part of that statement is “good” and that’s the issue today people can have 20 plus years of education and know less that people did in the 30’s with 8 years of education.


So you believe education is a right? I do not.... good or otherwise. I feel that everyone has the right to pursue an education for themselves or their children, but not a right to have one provided them at no cost. Because "no cost" does not exist. Everything has a cost. As I said in my first post.... at whose expense? Why should I, who have no children, have to pay for LaShondra's 8 kids with 7 different daddies' educations? Or for that matter, yours? Why would anyone have children and expect someone else to pay to educate them? How is it different than having kids and expecting someone else to feed them via food stamps? It's not!

The Declaration of Independence promised man the right to life, liberty and the pursuit of happiness. Keyword there being pursuit. In other words, Americans have the right to live in freedom, and to take the steps necessary to procure a successful and happy life for themselves and their families. It does not give them the right to emburden others by forcing them to pay for their pursuit of happiness.



With a proper education lashondra may not have 8 kids with 7 different daddies and also would have some intelligence to have a job, I have the belief that schools should be paid for through property tax like it was here for many years not by the state nor federal, so the school system is controlled at the local level. The idea of not providing an education for people is why the federal government got involved in the first place, to clarify I’m talking k-12 above and beyond that they’re on their own.

A good example of a non existent k-12 education system is Honduras you have some that have an education and decent but those without fall into a life of crime and the cycle continue’s. I believe the comment has been made on here several times about how low the education level is in this country now just think how bad it’d be without some type of public education.

Re: FDR's Economic Bill of Rights [Re: yotetrapper30] #8592562
3 hours ago
3 hours ago
Joined: Feb 2011
alberta
S
spjones Offline
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spjones  Offline
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S

Joined: Feb 2011
alberta
[Linked Image]

Re: FDR's Economic Bill of Rights [Re: spjones] #8592587
3 hours ago
3 hours ago
Joined: May 2011
Oakland, MS
yotetrapper30 Offline OP
trapper
yotetrapper30  Offline OP
trapper

Joined: May 2011
Oakland, MS
Originally Posted by spjones
[Linked Image]


Great!! I like it!!


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: ~ADC~] #8592610
2 hours ago
2 hours ago
Joined: Dec 2006
Moved to Fbks, Ak.
M
martentrapper Offline
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martentrapper  Offline
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M

Joined: Dec 2006
Moved to Fbks, Ak.
Originally Posted by ~ADC~
Originally Posted by Blaine County
However, I acknowledge the public education system is jacked up generally--even though we have a great school system in our town. Demographics and parent involvement are huge factors.


Public education works great in many places to this day for the reasons you mentioned here. It also sucks many places for the exact same reasons. You can not fairly lump all public education, all public education teachers, and all teachers unions into one.

Isn't every single teachers union in this country now part of NEA. In other words........there's only ONE teachers union in this country?
In the words of the NEA top lady: " We want all the things!" Watched her say that about 10 times in a speech within the last year.

Re: FDR's Economic Bill of Rights [Re: Bob_Iowa] #8592650
1 hour ago
1 hour ago
Joined: May 2011
Oakland, MS
yotetrapper30 Offline OP
trapper
yotetrapper30  Offline OP
trapper

Joined: May 2011
Oakland, MS
Originally Posted by Bob_Iowa
I believe the comment has been made on here several times about how low the education level is in this country now just think how bad it’d be without some type of public education.


Are we sure about that? Are we sure it wouldn't be better? I think most people, regardless of race want their children to be educated. But as it is now, many parents treat school as a babysitter.... trusting that the government-provided school will teach their children. And many have no other involvement in their children's education beyond ensuring that they make it to school.

Now... if gov't funded schools didn't exist, but instead private schools did (which would no doubt be more affordable than private schools today since there would be no government schools).... and if parents wanted their children to be educated..... they'd pay for the schooling. BUT since the money is now coming directly out of their paychecks, do you not think it's a little more likely that parents would be more inclined to keep a better eye on just what they are getting for that money??

I do of course think there would be different quality levels of schools in that scenario. Obviously the rich kids will likely get the best education while the poorest get the least education.... but isn't that already the case anyways? Even in the lowest class neighborhoods... if there were no public schools and no government-funded daycare... parents would still need a babysitter so they might as well pay for one where their child will get an education at the same time, right?

Would there be a faction of kids that receive no education? Of course. But again I'd argue that that is already the case. Plenty of kids miss more school than they attend, others are "home-schooled" but in reality not schooled at all, while still others attend school but never learn a thing, instead being nothing but a disruption that hinders other's learning.

Our education system is badly broken. I don't believe that the government is the entity to fix it. Like in every other instance, the private sector always does a much more efficient job than government-funded businesses do.


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] #8592659
1 hour ago
1 hour ago
Joined: Aug 2010
Asheville, NC
C
charles Offline
trapper
charles  Offline
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C

Joined: Aug 2010
Asheville, NC
Education is a key element of our national defense. Defense is now very technical. We need engineers to design and build weapons that are superior to those of our enemies. Nobody wants a ground or trench war between one infantry and another.

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