I have moderate points, but I think I should correct this rather than mod it down. Right?
... if you accept a layoff we'll add to your 401k as if you had an extra 1% of growth for 30 years in the company stock...the average worker probably has maybe $100k in stock, and so an extra $50k or so after 30 years surely isn't worth losing his job.
I think your calcualtions on this are wrong. If I understand your scenario correctly; the offer is to give me an extra 1% growth, on stock I have that is now valued at 100k, over 30 years. Here's what you'd end up with. At 10% growth; $1,744,940.23. The same amounts at 11% growth: $2,289,229.65. The difference is $544,289.43. That's going to pay my salary of 60k for the next 9 years, (assuming no growth) while I retrain, look for another job, climb Mt. Everest, do whatever. I just wanted to point out that the value of an extra 1% of compound interest, even to the average joe, is huge.
Alot bigger that an extra $50k.
It's even bigger in retirement. That extra $500k (over 20 yrs of retirement, at 5% growth) equals an extra $38k per year in retirement income.
Most ordinary people benefit the most from decisions that benefit works - not shareholders. That isn't to say that we should just plunder company treasuries - there should be a balance. However, the balance should not be, whatever is good for people who can afford stock is good for everyone...
I agree with most of this, but who these days really can't afford to be a shareholder? If you're not saving for retirement in some form, then don't be dissapointed when you can't retire. Choose to live in or drive your wealth now, you're also making the choice to reduce your chances of a comfortable life later.
P.S. If any of these numbers are wrong, I'm just going to blame it on the calculator.
..and it's not the place of RCA/Clearplay to create derivative works without the artists' permissions.
I don't think these are derivative works. In order to qualify as derivative works, doesn't it have to be distributed by the one who does the editing? When you rant against this device, it seems like that could also apply to a computer. It takes a little more work, but I've edited commercials, etc. from a movie I got off my DVD recorder.
I think this can also be analogous to GPLed code. I can use it, abuse it, cut it down to just the header files if I wanted to. But the moment I try to distribute that code, the GPL (and thus copyright law) kicks in.
I'm not so sure everone else in the world would vote Democrat. For large portions, i.e. almost all of Asia, the trade relationship with the US is above all. This is what the presumptive Democratic nominee says on trade: (from his website)
Break Down Barriers in Key Export Markets. This Administration has done little to open key export markets in places like Japan and Korea. Some countries use non-tariff barriers, such as making it difficult to access finance or have obscure investment requirements, to undermine U.S. exports. For example, auto exports to Japan are still essentially blocked by complicated rules. John Kerry would use all the available tools, including Section 301 of the 1974 Trade Act, WTO remedies, and diplomatic measures to open these markets.
Review Existing Trade Agreements. John Kerry will also order an immediate 120 day review of all existing trade agreements to ensure that our trade partners are living up to their labor and environment obligations and that trade agreements are enforceable and are balanced for America's workers. He will consider necessary steps if they are not. And John Kerry will not sign any new trade agreements until the review is complete and its recommendations put in place. He believes all new trade agreements must have strong labor and environmental standards.
For those countries whose lifeblood is the trade defict with the US, I believe they are hoping for a more hands-off approach to international trade.
They don't have a fear of being invaded by America, China is no Afganistan. Their fear is America will crawl into a shell and place barriers on trade with them.
Also, isn't the Justice Department part of the Executive Branch, not the Judicial Branch?
You bought a $500 device without quite knowing how you were going to use it?
And now you want us to solve your problem?
Ok, here's the solution. You send that nice, new bit of plastic to me along with a list of songs you want and money to buy them with. I'll be sure to get it right back to you.
Oh, and since you seem to have some extra cash, I have a nice bridge I'd like to sell you...
One reason I think this hasn't been done is that, unlike water, not everybody needs the internet. Until we get to a point where your connection to the internet is as common as... well, water, then it won't make sense to hook everybody up for a service to which they may or may not subscribe.
IMHO
Ah.. but if you already have more cash than you can use, which I believe sounds like the case here, then having more cash from a loan does not increase your ROE.
If I remember correctly:
ROE = net income/shareholder equity
If cash from a loan will not increase your net income, it won't affect ROE
It's what allows them to get into any line of business they feel like.
It's what makes them dangerous.
With the interest they make on their horde of cash in a just couple of months, they could snap up so many companies it'd make your head spin.
Considering the smart way they've used this giant advantage in the past, I hardly think the old 'softies would blow it all on one company, much less, Disney.
Then again, I'm obviously no Bill Gates. (Thank goodness, what would I do with all that money?)
Slashdot Mirror
I think your calcualtions on this are wrong. If I understand your scenario correctly; the offer is to give me an extra 1% growth, on stock I have that is now valued at 100k, over 30 years. Here's what you'd end up with. At 10% growth; $1,744,940.23. The same amounts at 11% growth: $2,289,229.65. The difference is $544,289.43. That's going to pay my salary of 60k for the next 9 years, (assuming no growth) while I retrain, look for another job, climb Mt. Everest, do whatever. I just wanted to point out that the value of an extra 1% of compound interest, even to the average joe, is huge.
Alot bigger that an extra $50k.
It's even bigger in retirement. That extra $500k (over 20 yrs of retirement, at 5% growth) equals an extra $38k per year in retirement income.
Most ordinary people benefit the most from decisions that benefit works - not shareholders. That isn't to say that we should just plunder company treasuries - there should be a balance. However, the balance should not be, whatever is good for people who can afford stock is good for everyone...
I agree with most of this, but who these days really can't afford to be a shareholder? If you're not saving for retirement in some form, then don't be dissapointed when you can't retire. Choose to live in or drive your wealth now, you're also making the choice to reduce your chances of a comfortable life later.
P.S. If any of these numbers are wrong, I'm just going to blame it on the calculator.
Quick, who will win the Slashdot Reality Contest (tm) this week!?!
I don't think these are derivative works. In order to qualify as derivative works, doesn't it have to be distributed by the one who does the editing? When you rant against this device, it seems like that could also apply to a computer. It takes a little more work, but I've edited commercials, etc. from a movie I got off my DVD recorder.
I think this can also be analogous to GPLed code. I can use it, abuse it, cut it down to just the header files if I wanted to. But the moment I try to distribute that code, the GPL (and thus copyright law) kicks in.
No distribution, no copyright law.
Correct me if I'm misinformed.
Break Down Barriers in Key Export Markets. This Administration has done little to open key export markets in places like Japan and Korea. Some countries use non-tariff barriers, such as making it difficult to access finance or have obscure investment requirements, to undermine U.S. exports. For example, auto exports to Japan are still essentially blocked by complicated rules. John Kerry would use all the available tools, including Section 301 of the 1974 Trade Act, WTO remedies, and diplomatic measures to open these markets.
Review Existing Trade Agreements. John Kerry will also order an immediate 120 day review of all existing trade agreements to ensure that our trade partners are living up to their labor and environment obligations and that trade agreements are enforceable and are balanced for America's workers. He will consider necessary steps if they are not. And John Kerry will not sign any new trade agreements until the review is complete and its recommendations put in place. He believes all new trade agreements must have strong labor and environmental standards.
For those countries whose lifeblood is the trade defict with the US, I believe they are hoping for a more hands-off approach to international trade.
They don't have a fear of being invaded by America, China is no Afganistan. Their fear is America will crawl into a shell and place barriers on trade with them.
Also, isn't the Justice Department part of the Executive Branch, not the Judicial Branch?
Anyway, just my thoughts.
And now you want us to solve your problem?
Ok, here's the solution. You send that nice, new bit of plastic to me along with a list of songs you want and money to buy them with. I'll be sure to get it right back to you.
Oh, and since you seem to have some extra cash, I have a nice bridge I'd like to sell you...
One reason I think this hasn't been done is that, unlike water, not everybody needs the internet. Until we get to a point where your connection to the internet is as common as ... well, water, then it won't make sense to hook everybody up for a service to which they may or may not subscribe.
IMHO
If I remember correctly:
ROE = net income/shareholder equity
If cash from a loan will not increase your net income, it won't affect ROE
Hi, I'm Troy McClure! You might remember me from such films as The Simpsons 2: Doh! Doh!, and The Simpsons 3: Mmmmm... Money.
... errr...
just kidding, boys and girls! This is the first Simpsons full-length feature.
No, really!
Why would we already have the sequels planned?
Troy walks offstage. Cue Simpsons theme music
Here's to hoping they find a great Phil Hartman imitator for his voice.
It's the result of their Office/OS monopoly.
It's what allows them to get into any line of business they feel like.
It's what makes them dangerous.
With the interest they make on their horde of cash in a just couple of months, they could snap up so many companies it'd make your head spin.
Considering the smart way they've used this giant advantage in the past, I hardly think the old 'softies would blow it all on one company, much less, Disney.
Then again, I'm obviously no Bill Gates. (Thank goodness, what would I do with all that money?)