Would you instead prefer to see entire corporate offices with ALL jobs moved to India, Taiwan, China, or Russia? This is not that hard at all, you know.
They would lose all of the training, knowledge, and identity of their company. Sure, you could hire cheap programmers and engineers in other countries, but there is NO* guarantee that they would deliver the same standards as before.
They drank more alcohol back then than in modern times. Before water treatment facilities, you drank the beer which was sterilized during the boiling, the alcohol would kill wild bacteria, and the hops inhibited growth of other bacteria. Beer is also a way to keep grains stored for a longer period of time; dry grain does eventually spoil.
Why the hell would Standards and Poor's rubber stamp grade AAA on those mortgage back securities that contained all sorts of bad loans. Those banks knew what they were doing when they committed fraud with to make those loans; not verifying income or even putting higher incomes than what the loanee stated is fraud. One of the plans from the banks was to have a house default several times so they could collect the fees for originating the loans while some fool (now the taxpayers) would take the financial fall. Goldman Sacs had no problem selling off the derivatives while hedging against them; where do you think the European crisis came from? Regulators knew that these derivatives were a growing problem, but chose to ignore it on the grounds that "the market would sort it out."
I do agree with you that there is a huge push in this country to own a home with tax breaks and incentives that are not available to renters. Things need to change so that we have a balance between renters and owners
Except people were encouraged to take out second mortgages to pay off their bills, take trips, do some property improvement. When a bank approves 40 applications without looking at what their financial situation is or their income, that is a huge problem. College tuition isn't going up because of easy loans, most states have raised tuition due to the financial crisis. Look at this article from The Huffington Post about student loans and debt.
You can't blame the government for these scandals when it is the banks who ultimately decide who gets these loans and on what terms.
A business can write off almost all of its expenses(wages, rent, equipment depreciation) except for payments on dividends and lobbying. Once all those expenses are written off, taxes are paid on the left over portion. In other countries, businesses can't write off nearly as much stuff. If we want businesses in this country to be successful, we need to lower their expenses(cost of utilities, rent, start-up fees).
I'm fairly sure that Walmart doesn't have to pay the sales tax revenues to your town for several years; and how many smaller places will be put out of business because of this Walmart? That will result in an even lower tax revenue.
Read: "We, the board and CEO, think that we can extract much more money out these web sites. Once they get to a point where we know they're overvalued, they will be sold off so we can pocket more than what 99% of the population will make in their lifetime."
It's called financialization of EVERYTHING. If there is a dollar to be made, charge as much as you can and let the poor borrow at a high interest rate.
Your personal example of going to college really isn't relevant to modern times since tuition has gone up faster than the rate of inflation.
Well, the Republicans sure seems like they hate the small guy.
If you want to start a small business, thanks to the Bush tax cuts, it now takes 15 years to write off any start-up costs other than the first $5000. They want to cut corporate taxes even more, but there are 30,000 corporations out of the 26 million businesses in the US.
I believe that businesses should be regulated only to the point where they are not hurting their employees and the environment; currently or for the future. I don't want to have to go to court because the pollutants these companies were dumping hurt me, but there was no law against it. Even Adam Smith said the Government should protect it's citizens from the unjust actions of others.
It would be more like Sysco (massive US restaurant distributor) building their own restaurants then refusing to deliver restaurant supplies to restaurants that are too close to Sysco's
Wow, from minimum wage to $100,000/year is what you jump to? Nice. How about Walmart providing company healthcare. Otherwise they end up on Medicaid which we all pay for; or they walk out of the ER without paying their bill and hospital bills go up to cover the uninsured.
And then each router, which is a processing unit in its own right, could have multiple cores, which would exhibit the same drawbacks... until you put a network of processors inside that!
Slashdot Mirror
...why not support the studios that really *DO* support Linux instead of studios that treat it like a red-headed stepchild? Just a thought.
a red-HATTED stepchild
FTFY
A red-SHIRTED stepchild
FTFY
Would you instead prefer to see entire corporate offices with ALL jobs moved to India, Taiwan, China, or Russia? This is not that hard at all, you know.
They would lose all of the training, knowledge, and identity of their company. Sure, you could hire cheap programmers and engineers in other countries, but there is NO* guarantee that they would deliver the same standards as before.
*none, zip, zilch, zero, nada, nil
They drank more alcohol back then than in modern times. Before water treatment facilities, you drank the beer which was sterilized during the boiling, the alcohol would kill wild bacteria, and the hops inhibited growth of other bacteria. Beer is also a way to keep grains stored for a longer period of time; dry grain does eventually spoil.
So that just proves the system works
And that, my friend, is an anecdotal fallacy.
We're taught that the system operates for our benefit, but primarily (literal sense) it operates for its own perpetuation.
The US foreign doctrine is TINA (There Is No Alternative) when it comes to regimes. I expect that same ideology is being followed domestically.
:)
P.S. You might want to switch to single space. Just a friendly suggestion
Why the hell would Standards and Poor's rubber stamp grade AAA on those mortgage back securities that contained all sorts of bad loans. Those banks knew what they were doing when they committed fraud with to make those loans; not verifying income or even putting higher incomes than what the loanee stated is fraud. One of the plans from the banks was to have a house default several times so they could collect the fees for originating the loans while some fool (now the taxpayers) would take the financial fall. Goldman Sacs had no problem selling off the derivatives while hedging against them; where do you think the European crisis came from? Regulators knew that these derivatives were a growing problem, but chose to ignore it on the grounds that "the market would sort it out."
I do agree with you that there is a huge push in this country to own a home with tax breaks and incentives that are not available to renters. Things need to change so that we have a balance between renters and owners
Except people were encouraged to take out second mortgages to pay off their bills, take trips, do some property improvement. When a bank approves 40 applications without looking at what their financial situation is or their income, that is a huge problem. College tuition isn't going up because of easy loans, most states have raised tuition due to the financial crisis. Look at this article from The Huffington Post about student loans and debt.
You can't blame the government for these scandals when it is the banks who ultimately decide who gets these loans and on what terms.
the U.S. corporate tax rate being the 1st or 2nd highest in the developed world.
A business can write off almost all of its expenses(wages, rent, equipment depreciation) except for payments on dividends and lobbying. Once all those expenses are written off, taxes are paid on the left over portion. In other countries, businesses can't write off nearly as much stuff. If we want businesses in this country to be successful, we need to lower their expenses(cost of utilities, rent, start-up fees).
I'm fairly sure that Walmart doesn't have to pay the sales tax revenues to your town for several years; and how many smaller places will be put out of business because of this Walmart? That will result in an even lower tax revenue.
That's because she forgot that the week prior, her crew had a survival chance of 30% in whatever dangerous event that was happening.
Like a Soap-Opera?
Monopoly capitalism suggests it won't be long
Read: "We, the board and CEO, think that we can extract much more money out these web sites. Once they get to a point where we know they're overvalued, they will be sold off so we can pocket more than what 99% of the population will make in their lifetime."
Joking or serious, you are right
Why do you think that is?
It's called financialization of EVERYTHING. If there is a dollar to be made, charge as much as you can and let the poor borrow at a high interest rate.
Your personal example of going to college really isn't relevant to modern times since tuition has gone up faster than the rate of inflation.
Read up on John Kenneth Galbraith and his theory of social balance; then you'll understand
Well, the Republicans sure seems like they hate the small guy.
If you want to start a small business, thanks to the Bush tax cuts, it now takes 15 years to write off any start-up costs other than the first $5000. They want to cut corporate taxes even more, but there are 30,000 corporations out of the 26 million businesses in the US.
I believe that businesses should be regulated only to the point where they are not hurting their employees and the environment; currently or for the future. I don't want to have to go to court because the pollutants these companies were dumping hurt me, but there was no law against it. Even Adam Smith said the Government should protect it's citizens from the unjust actions of others.
Better to just call them 5334 mm racks.
I preffer 1337 mm racks.
It would be more like Sysco (massive US restaurant distributor) building their own restaurants then refusing to deliver restaurant supplies to restaurants that are too close to Sysco's
Think about it this way, you are able to build wealth (money, land, property) because the laws allows it to happen.
Wow, from minimum wage to $100,000/year is what you jump to? Nice. How about Walmart providing company healthcare. Otherwise they end up on Medicaid which we all pay for; or they walk out of the ER without paying their bill and hospital bills go up to cover the uninsured.
When did this happen? I'm interested in reading up on that
They aren't trying to cause pain, they're trying to get accurate information.
FTFY
And then each router, which is a processing unit in its own right, could have multiple cores, which would exhibit the same drawbacks... until you put a network of processors inside that!
We need to go deeper!
No tin-foil hats for this one, you just have to get extremely great at playing lava on the floor