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Economic Reality Even A Conservative Can Understand

ProudProgressive 2012/07/09 15:03:26
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  • ★Calliope★ 2012/07/09 21:51:56
    ★Calliope★
    +55
    Wow..
    What a bunch of poor victims all in one place. I'm so sorry for you. Very very sorry for you. In fact, I pity you poor victims of capitalism and greedy CEO's. I guess all the CEO's should dismantle their companies so's not to victimize you further. Then I suppose you could work for the 99 percent.. right?

    You poor, poor victims of evil capitalism. You poor, silly folks that just can't understand basic economic principle. You silly folks that obviously haven't had to wrestle with a bottom line, or been held accountable to shareholders.

    You poor folks that don't know the satisfaction of earning and providing real jobs, not government jobs.

    You have only been exploited and ruined by evil capitalists. Hateful stupid conservative capitalists. Those evil folks that would like to keep say, 50 percent of what they make.

    You poor victims. So stupid as to be exploited always. How stupid are you? Victim mentality. Victim vindictiveness and Victim Class warfare. You are being used by a bunch of progressives to push socialism. But hey, go ahead. You are really proving you revel in being a victim.


    Why stay in this country? Leave. Europe would love you.

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  • Hamilton 2012/07/20 23:37:55
    Hamilton
    Yet we live in a system where everyone can buy milk. We live in a system that has made everyman an aristocrat. Even the poor in this country are amazingly rich compared to the rest of the world, and certainly compared to all of history.

    "The business of America is business" and when we encourage businesses to flourish, those that work in those businesses flourish too.
  • Michaelene 2012/07/11 20:46:03
    Michaelene
    +4
    ‘To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it.’ – Thomas Jefferson.”

    'If people let government decide what foods they eat and
    what medicines they take, their bodies will soon be in
    as sorry a state as are the souls of those who live under
    tyranny.
    Thomas Jefferson

    I predict future happiness for Americans if they can
    prevent the government from wasting the labors of the
    people under the pretense of taking care of them.
    Thomas Jefferson

    We must not let our rulers load us with perpetual debt.
    Thomas Jefferson letter to Samuel Kercheval, July 12, 1816

    The democracy will cease to exist when you take away from
    those who are willing to work and give to those who would
    not.
    Thomas Jefferson Thomas Jefferson
  • Clyde Michaelene 2012/07/23 16:22:44
    Clyde
    +1
    Love TJ, we need to teach our children what great forward thinking people our founders where. They foresaw what would come and did their best to prevent it and warn us about it, but too many are ignorant of these truths. Great post! ;)
  • Michaelene Clyde 2012/07/28 16:26:54
    Michaelene
    +1
    Thanks, I try my hardest to teach the kids the importance of our laws. The Constitution is easy to teach in Philly, we have the incredible National Constitution Center here.
    Every quote above still pertains to our nation today.
  • Michaelene Michaelene 2012/07/28 16:29:41
  • Clyde Michaelene 2012/08/07 16:41:00
    Clyde
    +1
    That is nice resource to have nearby.

    Yes, very true.
  • Michaelene Clyde 2012/08/10 02:29:34
    Michaelene
    +1
    Thanks, I visit it often, its awesome! God bless America
  • V~POTL~PWCM~JLA 2012/07/11 17:31:42 (edited)
    V~POTL~PWCM~JLA
    +2
    Proving CEOs are overpaid is easy. I'm a conservative and I agree with you. Very few CEOs deliver enough shareholder value to justify their compensation. As I recall it was Home Depot that gave CEO Robert Nardelli a $200 million severance package -- JUST TO GO AWAY! In a bizarre way, it was money well spent!

    Giving a raise to the 99% is what Carter tried. See Carter, Jimmy. See also: "worst Presidents in history", inflation, unemployment, and stagflation.

    You want to help the 99%? First, ignore the CEO for the time being. It's a meaningless number in the big picture of the economy. Focus on what corporate management DOES and why they do it.

    One step below the CEO is the CFO. The compensation is almost as ridiculous as the CEO. The main purpose of the CFO is to maximize profitability by making financial decisions. Most of these decisions are driven (either directly or indirectly) by idiotic US tax policy. Beyond the issue of "Loony Tunes" executive compensation, every major corporation has an entire department full of accountants playing smoke-and-mirrors tax tricks, usually at the expense of the 99%.

    Cut corporate taxes to zero so that corporations can get the benefits of off-shoring without actually going offshore to do it. Let them distribute 100% of profits they de...

    Proving CEOs are overpaid is easy. I'm a conservative and I agree with you. Very few CEOs deliver enough shareholder value to justify their compensation. As I recall it was Home Depot that gave CEO Robert Nardelli a $200 million severance package -- JUST TO GO AWAY! In a bizarre way, it was money well spent!

    Giving a raise to the 99% is what Carter tried. See Carter, Jimmy. See also: "worst Presidents in history", inflation, unemployment, and stagflation.

    You want to help the 99%? First, ignore the CEO for the time being. It's a meaningless number in the big picture of the economy. Focus on what corporate management DOES and why they do it.

    One step below the CEO is the CFO. The compensation is almost as ridiculous as the CEO. The main purpose of the CFO is to maximize profitability by making financial decisions. Most of these decisions are driven (either directly or indirectly) by idiotic US tax policy. Beyond the issue of "Loony Tunes" executive compensation, every major corporation has an entire department full of accountants playing smoke-and-mirrors tax tricks, usually at the expense of the 99%.

    Cut corporate taxes to zero so that corporations can get the benefits of off-shoring without actually going offshore to do it. Let them distribute 100% of profits they declare in the US to their shareholders, most of whom will be US taxpayers anyway. My version of tax reform would cut useless overhead by firing every corporate tax accountant in the country. This would cause the multinationals to bleed their foreign subsidiaries dry, returning jobs to the US -- and higher wages to the 99%. With a newfound emphasis on dividends, even CEO compensation would get hit when the board of directors starts squeezing the entire enterprise for dividends instead of tax dodges.

    Or we can just clamor for "Carter II" to let the inflation genie out of the bottle. Because that worked so well in the mid 1970's? Really?
    (more)
  • belle 2012/07/10 15:23:55 (edited)
    belle
    +3
    What the liberals can't seem to understand is so many of those CEOs were at one time part of the 99%. But they decided they wanted more for themselves and their families. So they went and done something to make themselves more successful



    There are many RAGS TO RICHES stories out there in this world. Not their fault some people have no drive and just want to settle for whatever is easy. Also those minimum and median workers should thank those CEOs for keeping businesses successful, hence providing them jobs.



    here is an example of a rags to riches story. No not what you might consider a CEO, but he provided many pf those 99% jobs.

    rages to riches
  • Clyde belle 2012/07/10 16:56:01
    Clyde
    +4
    But you see....that's not "fair". Others can't have more or else I am being exploited. It doesn't matter that they earned it and I didn't, I deserve the same as them. In fact I have a right to have what they have, I am entitled. So since they won't willingly give it to me, I will put the government in charge of everything so the can take it by force and give it to me.

    Ahh....Marxism...what a concept.
  • belle Clyde 2012/07/10 17:58:43
    belle
    +2
    sounds just like a typical one
  • Clyde belle 2012/07/10 18:50:29
    Clyde
    +2
    What dramatic lack of critical thought and reasoning, or common sense for that matter, do you have to have to buy into that crap?
  • belle Clyde 2012/07/12 01:42:48
    belle
    +2
    Not sure but there are many that think they know so much that buys into it big time.
  • Clyde belle 2012/07/12 13:47:36
    Clyde
    +1
    Maybe they have been lied to their entire lives and have no other frame of reference, like obama.
  • belle Clyde 2012/07/12 20:33:37
    belle
    +1
    I believe that to be true in many cases
  • Clyde 2012/07/10 14:28:02
    Clyde
    +4
    Economic Reality That Liberals Will Never Comprehend.

    Minimum Wage Earner - Unskilled and minimum education, needs to be trained and is responsible only for the work he does.

    Median Wage Earner - Minimum skilled and educated, needs to be trained and is responsible only for the work he does.

    CEO Guy - Highly skilled and educated and years of experience and is responsible for thousands of peoples work, the entire companies production, sales, safety, product quality, product development, marketing, regulation compliance, inventory control, shipping, purchasing, workers health insurance, retirement programs, staying competitive, pricing, and held accountable by the stock holders of multimillion dollar corporations.

    If the "99%" don't like their position in life, don't hate others and try to bring them down, but try to improve and raise yourself. Envy and jealousy will only bring you misery!


    Lincoln quote poverty
  • cowboy 2012/07/10 10:00:38
    cowboy
    +5
    I would rather see them cut all the BS taxes that dairy man, trucker, and super market owner has to pay. That way the cost of the MILK can go down and be affordable to all. Basic economics for the liberal.
  • ProudPr... cowboy 2012/07/10 11:32:26
    ProudProgressive
    +3
    Well, it would be nice to cut all taxes, but there is that pesky little matter of keeping governments running. Most of the taxes you refer to are imposed on the state level, and though that might make milk cost a few cents more, it also pays for the road that the dairy man uses to deliver that milk, the electrical grid that keeps the refrigerators that keep the milk cold going, the inspections that make sure the milk doesn't poison your children or your cat, etc.

    But I think you're missing the point. Whether milk costs a dollar a gallon or ten dollars a gallon the point is that it takes a disproportionate amount of work and effort for the average person to buy it than it does for the CEO. It is that gross disproportionality that is the problem. Thirty years ago the impact would have been about 20 to 1. Now it's 2000 to 1. Over the past five years ninety five percent of the wealth generated by the recovery has gone to the top 1% while the earning level of the average American has been flat or has even gone down (adjusted for inflation).
  • cowboy ProudPr... 2012/07/10 11:42:37
    cowboy
    +2
    The electrical grid is paid for by the money collected from an electric bill, at least in my state it is. Taxes should not be anywhere around it. I will give you that taxes pay for roads though since that is not private. As far as inspectors go, how about all that tax money that goes to EPA HAZMAT teams that are called out every time milk is spilled on the gound? What is that all about? I think the goal of everybody should be to STRIVE for being in the top 1%. By punishing successful people, we would give kids the thought that being successful is a bad thing. The next thing you know, kids will quit trying to do anything anymore other than live paycheck to paycheck. Also that 1% owns the company that hires the rest of the 99%. Without the 1%, the 99% would starve. Just like without the 99% the 1% would starve also as they could not possibly do all that work by themselves. Class warfare does nothing for our country but divide us.
  • Prairie Wind 2012/07/10 01:11:45
    Prairie Wind
    +8
    Just, a passing thought!

    Some Love for Obama
  • ★Calliope★ Prairie... 2012/07/10 01:52:09
    ★Calliope★
    +6
    That sums this up - Brilliant!!
  • tommyg ... Prairie... 2012/07/10 02:35:55
  • jackolantyrn356 2012/07/10 00:46:48
    jackolantyrn356
    +7
    Just remember the situation as we are experiencing it was essentially created by Obama the God Of Marxism
  • ProudPr... jackola... 2012/07/10 11:33:08
    ProudProgressive
    +2
    That's quite a feat considering that the collapse of the American economic system began on January 20, 1981, when the President was only 19 years old. Damn, that Obama is good.
  • Hamilton ProudPr... 2012/07/20 23:44:11
    Hamilton
    Wow!!

    Um, we were in a full power DIVE already when Regan took the reigns of power that day, and did a masterful job of pulling us out of the death spiral we were in.
  • Kat ♪ ~ ♪ 2012/07/10 00:44:13
    Kat ♪ ~ ♪
    +8
    Economic reality even PP can understand, you get out of life what you put in,
    you goof off in school and get a minimum wage job, you're at the bottom of the food chain, you pay attention and work hard you can do better, you are middle of the food chain, you go to special schools and learn more or your parents did and help you , you are the top of the food chain. You don't do anything to help yourself, you are a slug and entitled to nothing the working people have.
  • ★Calliope★ Kat ♪ ~ ♪ 2012/07/10 00:48:58
    ★Calliope★
    +5
    well said Kat.
  • Kat ♪ ~ ♪ ★Calliope★ 2012/07/10 00:52:08
    Kat ♪ ~ ♪
    +2
    Thanks, yours is great.
  • ProudPr... Kat ♪ ~ ♪ 2012/07/10 11:39:17
    ProudProgressive
    +2
    You have the same utter ignorance that most Right Wingers do, Kat. You assume that anyone who isn't a multimillionaire is struggling due to laziness or lack of desire, when the reality is that a man making minimum wage generally works a hell of a lot harder on the average day than someone like Mitt Romney, who hasn't actually WORKED a day in his life but has just taken daddy's money and used it to make more money. What President Obama has been talking about for three years is making sure that all of those people who DO have the desire and DO make the effort have an opportunity to improve themselves through their own efforts. What the Right Wing has been doing is destroying those opportunities. They have dumbed down and defunded our education system so that a lot of people never have the chance to improve themselves. They have shipped millions of jobs overseas so that even if someone does get through school (and doesn't "goof off") they wind up working at McDonald's because the jobs simply aren't there. To Mitt Romney, not having a job is meaningless, since the dividend checks just keep on rolling in. But to the average American, not having a job is a death sentence.

    It's pretty disgusting for you to simply assume that people choose to be poor. You've chosen to be poor i...
    You have the same utter ignorance that most Right Wingers do, Kat. You assume that anyone who isn't a multimillionaire is struggling due to laziness or lack of desire, when the reality is that a man making minimum wage generally works a hell of a lot harder on the average day than someone like Mitt Romney, who hasn't actually WORKED a day in his life but has just taken daddy's money and used it to make more money. What President Obama has been talking about for three years is making sure that all of those people who DO have the desire and DO make the effort have an opportunity to improve themselves through their own efforts. What the Right Wing has been doing is destroying those opportunities. They have dumbed down and defunded our education system so that a lot of people never have the chance to improve themselves. They have shipped millions of jobs overseas so that even if someone does get through school (and doesn't "goof off") they wind up working at McDonald's because the jobs simply aren't there. To Mitt Romney, not having a job is meaningless, since the dividend checks just keep on rolling in. But to the average American, not having a job is a death sentence.

    It's pretty disgusting for you to simply assume that people choose to be poor. You've chosen to be poor in intellect, understanding, and certainly compassion, but most people don't make that choice. I think that's what bothers you. The poor people getting an opportunity might mean that they can live a better life than you do. And we can't have that, now can we.
    (more)
  • Sissy ProudPr... 2012/07/10 11:52:01
  • Kat ♪ ~ ♪ ProudPr... 2012/07/10 13:05:23
    Kat ♪ ~ ♪
    +2
    Actually if Obama gets his way there is no reason to excel at anything, if I work harder to make more money for myself and he steals it to give to someone else why should I bother. It's discouraging generations from going into business for themselves and doing a whole hell of a lot of anything creative. Grading on the curve is liked by the lazy and stupid not the intelligent. You want to talk utterly ignorant, you are.
    Mitt Romney's money is his money, you don't know if he's done any work or not and even so it's his. His parents earned it and gave it to him, jealous much, go kick your daddy in the butt for being a slacker.
    It's pretty disgusting for you to make all the wrong assumptions you do based on ignorance and stupidity.
    I'm not a millionaire and I'm not stupid, your always claiming anyone not liberal that isn't rich is stupid, you are wrong. Liberals are out to get what they did not work for, that's stupid. People that do not take advantage of the educational opportunities available to them are stupid., people breeding for a living are stupid, perhaps you should try reality for a while.
    Not all CEO's are lazy arrogant slackers either, you generalize and hate things you obviously do not understand.
  • belle Kat ♪ ~ ♪ 2012/07/10 15:32:10
    belle
    +2
    let me give you one too

    excellent
  • belle ProudPr... 2012/07/10 15:30:29
    belle
    +3
    what is disgusting is that you are so jealous of Romney you blame him and all successful people for all the problems, They didn't vote all those with the DC mentality into office by themselves, you helped.
  • Clyde ProudPr... 2012/07/10 17:00:09
    Clyde
    +1
    That entire response is the exact opposite of the truth. LOL amazing.
  • belle Kat ♪ ~ ♪ 2012/07/10 15:27:05
    belle
    +1
    great comment
  • Kat ♪ ~ ♪ belle 2012/07/10 15:32:00
    Kat ♪ ~ ♪
    +1
    Thanks, tired of his crap.
  • belle Kat ♪ ~ ♪ 2012/07/10 16:51:40
    belle
    +1
    understand, you posted some wonderful comments.
  • Kat ♪ ~ ♪ belle 2012/07/10 22:04:00
    Kat ♪ ~ ♪
    +1
    So do you.
  • belle Kat ♪ ~ ♪ 2012/07/12 01:43:13
    belle
    +1
    thank you
  • dasimon1 2012/07/09 23:49:11
    dasimon1
    +6
    Another great Liberal post. i'm laughing my ass off cause of the stupidity.

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