That's a stupid statement. There are many companies where the owner is the only person in it and it does not pay anything close to minimum wage, in fact the company can even be losing money and not pay any salary to the owner at all. Based on your ideas and ideologies companies should not be started.
Of-course based on your ideologies and ideas everybody is equal in their capabilities and experiences and nobody is better than anybody else at the minimum wage level, which is complete and utter bullshit.
Based on your ideologies and ideas people who are actually less capable and less experienced than counterparts at the minimum wage level will never get a job, period.
Labor does not, and has never, followed the principles of supply and demand.
- labour follows the principles of supply and demand. I hire people in more than one country actually, I do that specifically because of supply and demand. I hire people in cheaper locations for a number of reasons, primarily because the taxes are lower in cheaper places and because there are fewer opportunities so people naturally do not expect the same level of compensation as in more expensive places. Thus my demand follows the supply - there is a higher supply of cheaper workers where I hire them and I pay significantly less for them than if I hired in USA for example. So you are simply wrong and you do not even bother explaining yourself.
You wasted a lot of time typing out a thesis based on a demonstrably false premise.
He cut and pasted it from here http://www.europac.com/comment... which is Europac and this is an opinion piece by Peter Schiff, who is running multiple companies and employing hundreds of people. Since your comment started with a complete falsehood I don't believe reading it further makes any sense.
I agree with you, he should not be donating anything to anybody, he should use his money to build businesses to make more money by creating new types of goods and services that people would pay for voluntarily because it would benefit them. That's the only proper way of using savings, not dissipating them in unsustainable manner, which is what charity is.
The 16th amendment actually does not allow government to force people to give up income as taxes, it was the courts that incorrectly interpreted it that way, but of-course it must be abolished and the only taxes that government should be able to collect (Constitutionally) are excises, duties, direct apportioned and capitation taxes.
However going back to the shops, 50% markup does not happen on all products. Actually some products can have hundreds of percent of markup. Something can be bought in bulk for 10 cents a piece and sold for 20 cents and nobody would even notice. However the more expensive an item is the smaller is the markup. Of-course even a 50% markup does not at all equal the profit margin, a 50% markup could be only enough to cover all costs before any taxes whatsoever, it totally depends on the business.
In fact (something that you are clearly unaware based on your writing) many stores do not generate profits from sales, sales only cover their expenses and the profits are made on retrobonuses, advertising, selling services to smaller stores and such. You would kill nearly 100% of stores and store chains by taxing gross revenue.
I am 100% with you on abolishing individual income taxes.
You lost me on this:
corporations should be taxed on their revenue (not profit)
- you run a store, you buy 1,000,000 USD worth of goods in a month and you sell 1,080,000 USD worth of goods in a month. Beyond the cost of goods to you (1,000,000 USD) your costs include renting a store for 20,000 USD, utilities and maintenance for 5000 USD, salaries of lets say conservatively 25,000 in a month.
1,000,000 + 20,000 + 5000 + 25,000 = 1,050,000
0.5-2% of your stock is stolen, broken, lost somehow, that's between 5000 and 20,000. You may be left with something between 25,000 and 5,000 in a month out of which you need to pay interest on the initial 1,000,000 loan and other expenses that I am not going to bother with right now.
In your scheme you will tax the operation on the amount of 1,080,000 USD. What is the rate you will tax it at? Current taxes on the books are what, 35% or so federal and another few percentage points State and local, between this and that, let's say 50% to be conservative (it's more than that, but whatever).
Please explain how taking half of the revenue allows the store to exist?
Well of-course America is on the decline. It started declining over a hundred years ago when it gave up on the basic premise of protecting private property rights by violating the said rights of Rockefeller in the Standard Oil disaster.
Then in 1913 USA gave up the right to individual liberty by allowing the government to start collecting income taxes... that time from the top 1%. Of-course once the concept of destruction of freedom was seeded the theft propagated from the top 1% to the rest of the system.
In the same 1913 (a dreadful year for USA) the Federal Reserve Bank was set up to be an 'independent' from Congress (a huge laugh) entity. Initially it even had a better gold reserve ratio than the rest of the banks and it was not allowed to monetise the debt of the government. Then in 1917 it received that permission and that was another huge nail in the coffin of USA.
The Great Depression was the result of monetisation of debt by the Fed, which inflated stock market bubbles in the agriculture related companies and once the bubble burst the government intervened. Then the real nightmare started. Most destructive laws, from Medicare to SS and payroll taxes, to minimum wage and other wage and price control laws, etc.etc.etc. This was similar to a mass execution of individual rights and principles and ideas that USA was built upon.
Of-course there was no choice but to quit the gold standard in 1971 and the stagflation hit and was only stopped by Paul Volcker who raised interest rates over 21.5% in one year.
Eventually the interest rates came down and more bubbles were inflated, then at some point Rubin and Clinton figured out a way to pretend that there were no deficits anymore by refinancing government debts in short term fake low interest rate bonds.
Greenspan and helicopters... the 2001 stock bubble created by Clinton, Rubin and Greenspan burst... the 1% interest rate, then the 0% interest rate, the 2008 housing bubble created by Greenspan and Bernanke burst.
Now we are on the cusp of the bond and dollar bubbles bursting.
All of this while America lost its manufacturing and really scientific ability to push the progress forward due to all this collectivisation and politics of feelings.
USA has been dead for quite some time now, it's not a surprise at all that Americans are so much in love with the Zombie movies, they know they are living it.
What I am wondering about is this: if Google cannot tolerate this guy's opinion and writing to such a degree what is Google doing with all the people who are *using* Google's products and services, advertise with Google, use Google for navigation, maps, APIs, hosting, ISP, etc., if those users/clients are not politically correct enough for Google?
If it is a firing offence to write what this guy wrote I cannot even begin to imagine what Google should actually do in my regard, my opinions are as anti-collectivist as it can possibly get. Yet I use Google search, email, maps and I have an Android phone. My company codes to some of Google's APIs and we release Android and iOS based applications.
So I am just curious about this side of the company and while I am curious I am also looking at what alternatives I have for maps and other types of API that I need to use on daily basis.
Sure, he has done himself in. Now what I am wondering about is this: if Google cannot tolerate this guy's opinion and writing to such a degree what is Google doing with all the people who are *using* Google's products and services, advertise with Google, use Google for navigation, maps, APIs, hosting, ISP, etc., if those users/clients are not politically correct enough for Google?
If it is a firing offence to write what this guy wrote I cannot even begin to imagine what Google should actually do in my regard, my opinions are as anti-collectivist as it can possibly get. Yet I use Google search, email, maps and I have an Android phone. My company codes to some of Google's APIs and we release Android and iOS based applications.
So I am just curious about this side of the company and while I am curious I am also looking at what alternatives I have for maps and other types of API that I need to use on daily basis.
First of all if he is a good developer and cannot find employment because of this he will work for less money.
Secondly showed himself to be idealistic and principled even though his ideas are based on the wrong collectivist ideology. He is now going to be more loyal and more careful. Also I think it is possible to channel him into the right direction at this point and I do prefer people who have their own minds... and he's been beat up, so he has his own mind but now has learned the value of being more cautious.
If this guy finds it difficult to land a job in the industry in the next couple of months he should send me a note, if he is a good enough developer I would hire him.
I have a number of kids of both genders. Not only girls are competitive like hell, they are more likely to express desire for the other to fail, sometimes even more than for herself to succeed. Boys are competitive and girls are competitive. They are cooperative where it suits their competitive needs.
I think people don't understand the issues surrounding running a long metal vacuum pipe over terrain, subjected to heat and cold cycles and other environmental conditions, maintaining the vacuum, having huge objects moving inside it at enormous speeds while not touching the pipe itself ever, having to deal with an emergency inside a vacuum pipe that ruptures and has the 1 atmosphere gushing into it at the speed of sound, hitting objects moving at the speed of sound... I think the energy requirements are not understood, I think the materials are not understood, the safety is not understood. The entire concept is wonderful is a small experiment. Once somebody starts building a real big one then we'll really *have* to understand these issues and I think the end result will be a failure, economic and catastrophic.
For OnePlus at Google play store I see Uber at 22.85MB Linked In at 19.6MB Twitter at 24.98MB Facebook at 80.69MB Not sure about Google calendar size Runkeeper at 86.22MB
So actually I think Uber is quite good, Facebook I sort of expect to be a gigantic piece of shit, Linked In is whatever, Twiter I cannot even comment on but I am honestly surprised by something named 'Runkeeper', with the function of tracking GPS (which all other apps are doing I think) and being bigger than Facebook? That's weird, what is that thing?
I set up offices in countries where I can talk to people in their languages (I do speak 6 languages fluently though). I control quality by training my people and by continuous reviews, refactoring. Everybody is responsible for what they commit into my source control financially. One of the biggest concerns for me is government oppression of my individual freedoms so obviously I set up my operations in such a way as to minimize that. There are still some regulations, money solves some of that. Timezones are inconvenient in some way but are a positive in some other ways and they are but not show stoppers. Sometimes I have to ask people to work in different shifts, for some people it is an advantage. I have development done in 2 sometimes in 3 shifts. That means faster development sometimes.
Precisely. It's a good way to keep the project costs down. That's what a prudent project manager should do. When you run a company you price shop the same way you price shop for your groceries or other consumer items.
I don't think this law will do much of anything, what should be made clear is that if you cause an accident due to negligence of that type you may get sued for that negligence by other parties that may seek damages from your negligent behaviour. This has nothing to do with the government and the penalty can be many magnitudes higher than just a few bucks.
Except that you are wrong on everything but here is an example of one way you are wrong: the rising house prices are not bid up due to higher earners, they are bid up due to the government providing a backstop to banks losing money in bad loan deals and the government pushing laws for 'universal home ownership'. In USA people were buying houses without income or jobs, ninja loans, there were even negative equity loans. Get a mortgage and pay a premium so low that at the end of a month after you pay, your mortgage actually become larger.
It was not higher earners bidding up prices, it was anybody at all who 'qualified' for a government backed loan, with the money created by the banks and the Fed out of thin air, with the Congress promising to bail everybody out when the loans went bad and with the rating companies lying to keep their government licences allowing them to rate government bonds.
Once the government backs supposedly private loans, those loans are the same as government bonds.
Aha, so people who in their mind believe themselves to be a gender different from their natural born one are in a perfectly fine mental condition? Good to know. I think I was born a helicopter and now I would like to get a propeller and a fuel tank attached to me permanently while I run around making brrrrrr sounds. No mental problems at all, totally fit for combat (hey, if the surgery is fully successful I may even carry some paratroopers like a Black Hawk would).
I know, I know, to you anything that brings the individual above the collective is a 'bug', you (you personally) shouldn't even bother socialising with people, there are too many individuals among them, you should really run for an ant farm queen position.
I see it as a good thing, a great thing really. Finally it would be possible for the people who actually are productive to protect themselves against the tyranny of the mob, the majority that muses itself to be civilized because it outsourced the murdering, the kidnapping, the robbery to the government and it demands the government robs from a productive minority. Should the minority fight back against the robbery the mob demands that the minority is kidnapped and jailed. Should the minority fight back against the kidnapping the mob demands that the minority is then murdered.
AFAIC with the AI and robots in the future the MAD principle will become a much more democratic instrument, Mutually Assured Destruction on the *individual* level is a great tool for the minority to hold off the attack by the majority.
Of-course if the minority needs to build better tools than the majority, otherwise the number game will not work and it must become a common practice - to hold off the hordes against your own doors.
You know, you never earned the right in your life (and you never will) even to be his dick cheese, the guy built businesses that created products desired by hundreds of millions or more. He did things you cannot even begin to understand. I not interested in any apple products, but as a company, as a guy who built it, I see Jobs as pretty much a higher order being, while you... Well, why bother describing what you are?
That's a stupid statement. There are many companies where the owner is the only person in it and it does not pay anything close to minimum wage, in fact the company can even be losing money and not pay any salary to the owner at all. Based on your ideas and ideologies companies should not be started.
Of-course based on your ideologies and ideas everybody is equal in their capabilities and experiences and nobody is better than anybody else at the minimum wage level, which is complete and utter bullshit.
Based on your ideologies and ideas people who are actually less capable and less experienced than counterparts at the minimum wage level will never get a job, period.
Labor does not, and has never, followed the principles of supply and demand.
- labour follows the principles of supply and demand. I hire people in more than one country actually, I do that specifically because of supply and demand. I hire people in cheaper locations for a number of reasons, primarily because the taxes are lower in cheaper places and because there are fewer opportunities so people naturally do not expect the same level of compensation as in more expensive places. Thus my demand follows the supply - there is a higher supply of cheaper workers where I hire them and I pay significantly less for them than if I hired in USA for example. So you are simply wrong and you do not even bother explaining yourself.
You wasted a lot of time typing out a thesis based on a demonstrably false premise.
- you are also wrong on this, he didn't type it, he copied it from Peter Schiff's Europac site.
What is amusing is how your comment gained a +3 rating so far even though you have posted 2 totally false claims.
He cut and pasted it from here http://www.europac.com/comment... which is Europac and this is an opinion piece by Peter Schiff, who is running multiple companies and employing hundreds of people. Since your comment started with a complete falsehood I don't believe reading it further makes any sense.
I agree with you, he should not be donating anything to anybody, he should use his money to build businesses to make more money by creating new types of goods and services that people would pay for voluntarily because it would benefit them. That's the only proper way of using savings, not dissipating them in unsustainable manner, which is what charity is.
The 16th amendment actually does not allow government to force people to give up income as taxes, it was the courts that incorrectly interpreted it that way, but of-course it must be abolished and the only taxes that government should be able to collect (Constitutionally) are excises, duties, direct apportioned and capitation taxes.
However going back to the shops, 50% markup does not happen on all products. Actually some products can have hundreds of percent of markup. Something can be bought in bulk for 10 cents a piece and sold for 20 cents and nobody would even notice. However the more expensive an item is the smaller is the markup. Of-course even a 50% markup does not at all equal the profit margin, a 50% markup could be only enough to cover all costs before any taxes whatsoever, it totally depends on the business.
In fact (something that you are clearly unaware based on your writing) many stores do not generate profits from sales, sales only cover their expenses and the profits are made on retrobonuses, advertising, selling services to smaller stores and such. You would kill nearly 100% of stores and store chains by taxing gross revenue.
I am 100% with you on abolishing individual income taxes.
You lost me on this:
corporations should be taxed on their revenue (not profit)
- you run a store, you buy 1,000,000 USD worth of goods in a month and you sell 1,080,000 USD worth of goods in a month. Beyond the cost of goods to you (1,000,000 USD) your costs include renting a store for 20,000 USD, utilities and maintenance for 5000 USD, salaries of lets say conservatively 25,000 in a month.
1,000,000 + 20,000 + 5000 + 25,000 = 1,050,000
0.5-2% of your stock is stolen, broken, lost somehow, that's between 5000 and 20,000. You may be left with something between 25,000 and 5,000 in a month out of which you need to pay interest on the initial 1,000,000 loan and other expenses that I am not going to bother with right now.
In your scheme you will tax the operation on the amount of 1,080,000 USD. What is the rate you will tax it at? Current taxes on the books are what, 35% or so federal and another few percentage points State and local, between this and that, let's say 50% to be conservative (it's more than that, but whatever).
Please explain how taking half of the revenue allows the store to exist?
Thank you.
Well of-course America is on the decline. It started declining over a hundred years ago when it gave up on the basic premise of protecting private property rights by violating the said rights of Rockefeller in the Standard Oil disaster.
Then in 1913 USA gave up the right to individual liberty by allowing the government to start collecting income taxes ... that time from the top 1%. Of-course once the concept of destruction of freedom was seeded the theft propagated from the top 1% to the rest of the system.
In the same 1913 (a dreadful year for USA) the Federal Reserve Bank was set up to be an 'independent' from Congress (a huge laugh) entity. Initially it even had a better gold reserve ratio than the rest of the banks and it was not allowed to monetise the debt of the government. Then in 1917 it received that permission and that was another huge nail in the coffin of USA.
The Great Depression was the result of monetisation of debt by the Fed, which inflated stock market bubbles in the agriculture related companies and once the bubble burst the government intervened. Then the real nightmare started. Most destructive laws, from Medicare to SS and payroll taxes, to minimum wage and other wage and price control laws, etc.etc.etc. This was similar to a mass execution of individual rights and principles and ideas that USA was built upon.
Of-course there was no choice but to quit the gold standard in 1971 and the stagflation hit and was only stopped by Paul Volcker who raised interest rates over 21.5% in one year.
Eventually the interest rates came down and more bubbles were inflated, then at some point Rubin and Clinton figured out a way to pretend that there were no deficits anymore by refinancing government debts in short term fake low interest rate bonds.
Greenspan and helicopters... the 2001 stock bubble created by Clinton, Rubin and Greenspan burst... the 1% interest rate, then the 0% interest rate, the 2008 housing bubble created by Greenspan and Bernanke burst.
Now we are on the cusp of the bond and dollar bubbles bursting.
All of this while America lost its manufacturing and really scientific ability to push the progress forward due to all this collectivisation and politics of feelings.
USA has been dead for quite some time now, it's not a surprise at all that Americans are so much in love with the Zombie movies, they know they are living it.
What I am wondering about is this: if Google cannot tolerate this guy's opinion and writing to such a degree what is Google doing with all the people who are *using* Google's products and services, advertise with Google, use Google for navigation, maps, APIs, hosting, ISP, etc., if those users/clients are not politically correct enough for Google?
If it is a firing offence to write what this guy wrote I cannot even begin to imagine what Google should actually do in my regard, my opinions are as anti-collectivist as it can possibly get. Yet I use Google search, email, maps and I have an Android phone. My company codes to some of Google's APIs and we release Android and iOS based applications.
So I am just curious about this side of the company and while I am curious I am also looking at what alternatives I have for maps and other types of API that I need to use on daily basis.
Sure, he has done himself in. Now what I am wondering about is this: if Google cannot tolerate this guy's opinion and writing to such a degree what is Google doing with all the people who are *using* Google's products and services, advertise with Google, use Google for navigation, maps, APIs, hosting, ISP, etc., if those users/clients are not politically correct enough for Google?
If it is a firing offence to write what this guy wrote I cannot even begin to imagine what Google should actually do in my regard, my opinions are as anti-collectivist as it can possibly get. Yet I use Google search, email, maps and I have an Android phone. My company codes to some of Google's APIs and we release Android and iOS based applications.
So I am just curious about this side of the company and while I am curious I am also looking at what alternatives I have for maps and other types of API that I need to use on daily basis.
First of all if he is a good developer and cannot find employment because of this he will work for less money.
Secondly showed himself to be idealistic and principled even though his ideas are based on the wrong collectivist ideology. He is now going to be more loyal and more careful. Also I think it is possible to channel him into the right direction at this point and I do prefer people who have their own minds... and he's been beat up, so he has his own mind but now has learned the value of being more cautious.
If this guy finds it difficult to land a job in the industry in the next couple of months he should send me a note, if he is a good enough developer I would hire him.
If he is a good enough coder I would hire him for the right price.
I have a number of kids of both genders. Not only girls are competitive like hell, they are more likely to express desire for the other to fail, sometimes even more than for herself to succeed. Boys are competitive and girls are competitive. They are cooperative where it suits their competitive needs.
I think people don't understand the issues surrounding running a long metal vacuum pipe over terrain, subjected to heat and cold cycles and other environmental conditions, maintaining the vacuum, having huge objects moving inside it at enormous speeds while not touching the pipe itself ever, having to deal with an emergency inside a vacuum pipe that ruptures and has the 1 atmosphere gushing into it at the speed of sound, hitting objects moving at the speed of sound... I think the energy requirements are not understood, I think the materials are not understood, the safety is not understood. The entire concept is wonderful is a small experiment. Once somebody starts building a real big one then we'll really *have* to understand these issues and I think the end result will be a failure, economic and catastrophic.
For OnePlus at Google play store I see
Uber at 22.85MB
Linked In at 19.6MB
Twitter at 24.98MB
Facebook at 80.69MB
Not sure about Google calendar size
Runkeeper at 86.22MB
So actually I think Uber is quite good, Facebook I sort of expect to be a gigantic piece of shit, Linked In is whatever, Twiter I cannot even comment on but I am honestly surprised by something named 'Runkeeper', with the function of tracking GPS (which all other apps are doing I think) and being bigger than Facebook? That's weird, what is that thing?
I set up offices in countries where I can talk to people in their languages (I do speak 6 languages fluently though). I control quality by training my people and by continuous reviews, refactoring. Everybody is responsible for what they commit into my source control financially. One of the biggest concerns for me is government oppression of my individual freedoms so obviously I set up my operations in such a way as to minimize that. There are still some regulations, money solves some of that. Timezones are inconvenient in some way but are a positive in some other ways and they are but not show stoppers. Sometimes I have to ask people to work in different shifts, for some people it is an advantage. I have development done in 2 sometimes in 3 shifts. That means faster development sometimes.
Precisely. It's a good way to keep the project costs down. That's what a prudent project manager should do. When you run a company you price shop the same way you price shop for your groceries or other consumer items.
complete with iPhone-influenced custom-built toilets for the space
- finally I understand what iPhones are for. They are our version of the 3 sea shells.
I don't think this law will do much of anything, what should be made clear is that if you cause an accident due to negligence of that type you may get sued for that negligence by other parties that may seek damages from your negligent behaviour. This has nothing to do with the government and the penalty can be many magnitudes higher than just a few bucks.
Except that you are wrong on everything but here is an example of one way you are wrong: the rising house prices are not bid up due to higher earners, they are bid up due to the government providing a backstop to banks losing money in bad loan deals and the government pushing laws for 'universal home ownership'. In USA people were buying houses without income or jobs, ninja loans, there were even negative equity loans. Get a mortgage and pay a premium so low that at the end of a month after you pay, your mortgage actually become larger.
It was not higher earners bidding up prices, it was anybody at all who 'qualified' for a government backed loan, with the money created by the banks and the Fed out of thin air, with the Congress promising to bail everybody out when the loans went bad and with the rating companies lying to keep their government licences allowing them to rate government bonds.
Once the government backs supposedly private loans, those loans are the same as government bonds.
Aha, so people who in their mind believe themselves to be a gender different from their natural born one are in a perfectly fine mental condition? Good to know. I think I was born a helicopter and now I would like to get a propeller and a fuel tank attached to me permanently while I run around making brrrrrr sounds. No mental problems at all, totally fit for combat (hey, if the surgery is fully successful I may even carry some paratroopers like a Black Hawk would).
I know, I know, to you anything that brings the individual above the collective is a 'bug', you (you personally) shouldn't even bother socialising with people, there are too many individuals among them, you should really run for an ant farm queen position.
I see it as a good thing, a great thing really. Finally it would be possible for the people who actually are productive to protect themselves against the tyranny of the mob, the majority that muses itself to be civilized because it outsourced the murdering, the kidnapping, the robbery to the government and it demands the government robs from a productive minority. Should the minority fight back against the robbery the mob demands that the minority is kidnapped and jailed. Should the minority fight back against the kidnapping the mob demands that the minority is then murdered.
AFAIC with the AI and robots in the future the MAD principle will become a much more democratic instrument, Mutually Assured Destruction on the *individual* level is a great tool for the minority to hold off the attack by the majority.
Of-course if the minority needs to build better tools than the majority, otherwise the number game will not work and it must become a common practice - to hold off the hordes against your own doors.
The point is he doesn't have enough qualifications even to be that, yet there it is, it muses about things it doesn't understand and has 'opinions'.
You know, you never earned the right in your life (and you never will) even to be his dick cheese, the guy built businesses that created products desired by hundreds of millions or more. He did things you cannot even begin to understand. I not interested in any apple products, but as a company, as a guy who built it, I see Jobs as pretty much a higher order being, while you... Well, why bother describing what you are?