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Real Explanation of Capitalism and Greed

October 13 2009 at 2:46 PM
  (Login Poetse12)



http://www.youtube.com/watch?v=RWsx1X8PV_A

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Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com

 
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(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 15 2009, 5:54 PM 

Real capitalism is certainly more compassionate that greedy Socialism.

=================================

Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com

 
 
fisconsoclib
(Login fisconsoclib)

Re: Real Explanation of Capitalism and Greed

October 15 2009, 6:35 PM 

Exactly how is Socialism greedy?

 
 


(Login webpm1)

sorry poetse, won't fly today....

October 15 2009, 6:38 PM 

it takes common sense to comprehend what Freidman was saying.....just look at the perplexed look on Dohahues face.....

Could you just imagine a debate on Capitalism between Freidman and Michael Moron......


 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 15 2009, 6:56 PM 

Exactly how is Socialism greedy?

Did you not listen to Friedman? Did he not explain it well enough?

You might define greed as wanting more than you need; however, if you you work for more and accumulate wealth, you are not greedy because you have set a goal and attained it by working for it.

OTOH, real greed is wanting more than you are willing to work for. For exmple the employee believes he is being cheated because his empl;oyer is not paying him the amount he is worth. therefore, he steals f4om his employer and everyone else to get the things he wants.

In Socialism, although they claim to take according to ability and give according to need, Socialists at the top have more than enough for themselves and those at the bottom live in comparative poverty. That's what was discovered in the former Socviet Union. And look at Cuba, China and other liberal, socialist, communist--(all Marxists) philosophies.

It is as though liberals are blind as to how to creat wealth. they steal it from those who have and give it to the have-nots. Liberalsism is a joke.



=================================

Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com

 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 16 2009, 12:19 AM 

So most of the CEO's getting those hugh bonuses must be liberals.

 
 

(Login gillis7)

Re: Real Explanation of Capitalism and Greed

October 16 2009, 7:50 AM 


Re: Real Explanation of Capitalism and Greed
October 16 2009, 12:19 AM

So most of the CEO's getting those hugh bonuses must be liberals.



***************


you said the word most here


MOST of those CEOs with huge bonuses earned every dime of it and


you could not sit in their chair and do as well (most people could not)

i can tell because you say what you said

if you could you would and you would not say that

that's why most CEOs are conservative

because they not only know how to use the word EARN in a sentence and know its real definition

they define it in person every day and it shows (in every way)

 
 

Maw
(Login mawsword)

Re: Real Explanation of Capitalism and Greed

October 16 2009, 7:39 PM 

OMG. I can just see me telling my broker at Merrill Lynch that's he's a liberal. He's stroke out!!

***********************************

I've learned that the people you care most about in life are taken from you too soon and
all the less important ones just never go away.
And the real pains in the ass are permanent.



 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 16 2009, 8:49 PM 

A good CEO directs the company into prosperity. And that prosperity is determined by providing goods and services that people want to buy. It is made better by competition. Therefore, two CEOs can be the reason that people get the best product for the lest cost.

Has absolutely nothing to do if they are liberal or conservative in their politics. It is their business acumen that makes the difference

AND that is the probm=lem with government control of businesses. No competition. Just central planing that diesn't care how well the job is done nor when it is completed.

=================================

Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com

 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 16 2009, 8:56 PM 

They get the bonus even when they drove the company's value into the ground.

So get a clue about earning something.

 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 16 2009, 9:01 PM 

They get the bonus even when they drove the company's value into the ground.

So get a clue about earning something.

So explain what you are saying, AJ. Are you telling me that one department does well and another department doesn't do qwell so that the net effect is a loss. Are you saying those who made the company profitable should not be paid a bonus?

Why don't you tellus about the bonus at Freddie Mac and Fannie Mae. they doctored the books so that expenses were transferred from one year to another. That gam=ve them big bonuses. So what do you say about that. Hey, they got promotted by the Obama administration.




    
This message has been edited by Poetse12 on Oct 16, 2009 9:10 PM


 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 16 2009, 9:18 PM 

What I am saying is that CEO's get bonuses when they leave the company even though the company has lost money and become less valuabe.


 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 16 2009, 9:28 PM 

What I am saying is that CEO's get bonuses when they leave the company even though the company has lost money and become less valuabe.

There is absolutely nothing wrong with that because they are under contract and the board has given them that contract when they hired him. they may periodically change the contract during the tenure of his service. It is impoossible to know what the contract will be worth when he leaves. Some of the contracts include stock and the value of the stock cannot be determined 10 years ahead of his retirement.

Now notice we are dealing with contracts and they specifically state the terms of the contract. Therefore when he retires the value of the contract may be much greater than anyone thought.

But bonuses are given to employees who are department heads and people who can potentially and do affectthe income and profit of the business. Notice that profit is made after aexpenses are paid. Therefore, the employees who work hard and achieve the goals are entitled to their bonuses. they are alo determined by contrract and should be paid when those goals are achieved even if the company has a loss.


=================================

Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com

 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 16 2009, 9:45 PM 

But if the company has lost money and become less valuable over their tenure how have they earned the bonus?

 
 

(Login gillis7)

AJC you said

October 17 2009, 9:05 AM 

They get the bonus even when they drove the company's value into the ground.

So get a clue about earning something.

and


But if the company has lost money and become less valuable over their tenure how have they earned the bonus?
************************

have you (of course you haven't ) considered the possibility that :

if the company was PROJECTED to lose 30 million dollars because of the spike in steel prices /or transportation (due to fuel prices) or loss of a supplier in Indonesia or because of a change in government rules


AND THE BRILLIANT CEO ( or other officer in the company ) was smart enough to do the math and preform a maneuver... or learned of a legal loophole....(etc) that

made the company lose only 10 million instead of 30 million keeping it able to stay in business when the competitor didn't and went bankrupt (or got "acquired")

even though the company lost 10 million....that CEO SAVED THEM 20 million in losses

he earned his bonus
right?

of course he did

but you didn't consider that did you?

you were so blinded by jealousy and hatred of wealth that you wanted to deny someone else what they earned by saying they didn't earn it because of the volume (amount ) of money involved


if it had been a McDonald's employee sweeping and saved the company 50 dollars [by turning off a leaky faucet on the side of the bldg.]
while wasting hundreds (being a slacker)

you would probably have applauded his quick thinking (while ignoring the fact that he ate eighty dollars worth of french fries and burgers this month )



TO THAT I SAY "YOU" GET A CLUE ABOUT EARNING SOMETHING


    
This message has been edited by gillis7 on Oct 17, 2009 9:08 AM
This message has been edited by gillis7 on Oct 17, 2009 9:07 AM
This message has been edited by gillis7 on Oct 17, 2009 9:06 AM


 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 17 2009, 11:22 AM 

The majority of the time the bonus is being paid as part of the severance package.

So if they saved the company so much money why are they being asked to leave?

 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 17 2009, 2:16 PM 

The majority of the time the bonus is being paid as part of the severance package.

So if they saved the company so much money why are they being asked to leave?


So think about that, AJ. I'm sure if you put your mind to it, you can figure it out.



    
This message has been edited by Poetse12 on Oct 17, 2009 2:41 PM


 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 17 2009, 11:11 PM 

So think about that, AJ. I'm sure if you put your mind to it, you can figure it out


I doubt that you have given your response.

 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 18 2009, 6:38 PM 

Well, obviously when the new CEO is hired, he/she has newe ideas that work. som in down-sizing the company, some in improved products. They are given a couple of years toi show what they can do. AND if they fail, they are fired or asked to leave. The company is losing money, and something mneeds to be done.

=================================

Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com

 
 

maw
(Login mawsword)

Re: Real Explanation of Capitalism and Greed

October 18 2009, 7:10 PM 

I miss Donahue. I loved his show.

***********************************

I've learned that the people you care most about in life are taken from you too soon and
all the less important ones just never go away.
And the real pains in the ass are permanent.



 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 18 2009, 8:42 PM 

And if he is given a bonus on leaving - he didn't earn it.

 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 18 2009, 9:30 PM 

And if he is given a bonus on leaving - he didn't ear

And you make a moral judgment; when in fact, the legal contract determines that the person is paid.

Hey, are you a football fan? Ever notice that coaches are given 3 to 5 year contracts and when they begin losing, those contracts are bought by the employer. They make millions when they are leaving the job.

So, moral issues and legal issues are not the same.


=================================

Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com


    
This message has been edited by Poetse12 on Oct 18, 2009 9:51 PM


 
 
gillis7
(Login gillis7)

Re: Real Explanation of Capitalism and Greed

October 18 2009, 9:45 PM 

ajc

your responses here are a demonstration of leftist logic.

ignoring (or not understanding) the capitalist market and being hostile to beneficiaries of it that are wealthy because you are jealous of their success and blamne their earnings on theft or fortune...when in fact and under closer scrutiny...they earned what they made and you would deny them what they produced because of how much it is or because you are on the opposite side ideologically.

it is their property
it is their contract
it is their earnings
why would you deny them the fruits of their labor/time/productive capacity /ingenuity ?

they are not the thieves...the government , who you would send in to take their earnings, with nefarious justification,...are the thieves...

 
 
Janie
(Login pphhrogg)

AJC is MUCH more "aware".....

October 18 2009, 10:05 PM 

...of what the capitalist market is and understands it much more succinctly than you ever will, gilligan.  He makes his living crunching numbers.



 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 18 2009, 10:09 PM 

.of what the capitalist market is and understands it much more succinctly than you ever will, gilligan. He makes his living crunching numbers.

Hey, Janie, I don't believe you. If he made his living crunching numbers, I would not have to explain half the things that I am explaining to him. He would know them and present good debate. He doesn't do that.

=================================

Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com


    
This message has been edited by Poetse12 on Oct 18, 2009 10:42 PM


 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 19 2009, 12:14 AM 

First the fact they are entitled to the earnings legally has little to do with whether they earned them.

People are entitled to welfare by law so have they earned it. I would think you would say no.

And Poetse I try to understand what you attempt to explain in your posts. Sometimes you are coherent but many times you aren't. I know you believe you are a skilled and articulate debater but only in the Windmills of your Mind is that true.

 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 19 2009, 10:23 AM 


First the fact they are entitled to the earnings legally has little to do with whether they earned them.

So you don't know anything about business. Contracts are the hear5t ofr good busine4ss. It specifically sets the terms of what is expected of each party. And to void those contract5s --as the Obama Administration--means that we are not really able to trust anyone. Therefore the legal system and the business of the country would be in shampbles without contracts that can be enforced. How shallow are you, AJ?


People are entitled to welfare by law so have they earned it. I would think you would say no.

No they have not earned the welfare and those who are taking from one person to pay another who has not earned it is legalized theft..

And Poetse I try to understand what you attempt to explain in your posts. Sometimes you are coherent but many times you aren't. I know you believe you are a skilled and articulate debater but only in the Windmills of your Mind is that true.

Just because you do not understand what I am saying does not mean that it is not well explained. It means you fail to understand the difference between legal and moral./ But you are not the only one who does not understand "legal contracts." cclawyer was not too good understanding them. He was a liberal who insisted that the victims could not read and the mean old seller should be punished. It is not that you can't underst, it is more that you have the mindset that everyone s a victim.








=================================

Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com

 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 19 2009, 5:51 PM 

First the fact they are entitled to the earnings legally has little to do with whether they earned them

Why don't you try again. I said they were entitled to the earnings legally. I didn't say anything about not honoring a contract.

I did say having a legal right to something did not mean it had been earned and you pretty much agreed when you said those legally entitled to welfare had not earned it.

This point shows the problem you have grasping what is being discussed and responding to the point at hand. More times than not you go off on some tangent and try to prove a point that isn't even at issue.

 
 

(Login Poetse12)

Re: Real Explanation of Capitalism and Greed

October 19 2009, 6:22 PM 


First the fact they are entitled to the earnings legally has little to do with whether they earned them

In contract law, one party may take the other to court to sue so that person is made to perform the conditions of the contract or make restitution is=n some manner5. the court decides. Now if you want to ignore contracts, you are right there with the Obama administration. the judicial system is becoming a fraud and you with it.

Why don't you try again. I said they were entitled to the earnings legally. I didn't say anything about not honoring a contract.

I know. But the contract is the only thing that entitles them to the compensation even if the contract is implied.


I did say having a legal right to something did not mean it had been earned and you pretty much agreed when you said those legally entitled to welfare had not earned it.

People got work every day and do not do much to earn their pay. so, yes, I agree that such things happen. And they can be fired for it unless they have tenure in their contracts. (Contracts written or implied govern the the situation.

This point shows the problem you have grasping what is being discussed and responding to the point at hand. More times than not you go off on some tangent and try to prove a point that isn't even at issue.

Contrary to your opinion, it shows your lack of understanding. I said the payments are made due to contracts even if the money is not earned. You placed it on a moral issued claiming that they should not be paid because they did not earn it;.

Clearly the contract determines the reason for payment. Clear and simple. You did not keep up/



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=================================

Glenn Beck hates 9/11 survivors. Shocking as Glenn Beck claimed that he hates 9/11 survivors. The Fox news personality and media clown has always been an outrageous demagogue, a pied piper to the illiterate, unwashed masses that make up the Fox news audience. Michael Stone,Examiner.com

 
 
AJC
(Login ajc122)

Re: Real Explanation of Capitalism and Greed

October 19 2009, 10:01 PM 

Again you stray off topic.

You placed it on a moral issued claiming that they should not be paid because they did not earn it;.



I never made that statement or claim.

 
 
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