Imagine if capitalism was left unfettered and free of government intervention or regulation

[Toddsterpatriot]

Careful, thoughtful and efficient regulation makes capitalism better. It's an absolutely critical component of the whole.

Trying to detach regulation from capitalism is like trying to take the hydrogen component out of water.

Talk radio doesn't and won't address this obvious fact, so many just don't see it, no matter how obvious it is.
.

Trying to detach regulation from capitalism is like trying to take the hydrogen component out of water.

But there are 2 hydrogen atoms in every water molecule and only one oxygen atom.
That's no fair.....rich people benefit more from that second hydrogen atom than poor people.
We need to remove one hydrogen atom from every water molecule to stick it to those rich people.

Uh... sure.

Anyway, back to reality. Careful, thoughtful and efficient regulation makes capitalism better.
.

You bet.

And moronic, business crushing regulation gives you a weak recovery.

 

[Mac1958]

Careful, thoughtful and efficient regulation makes capitalism better. It's an absolutely critical component of the whole.

Trying to detach regulation from capitalism is like trying to take the hydrogen component out of water.

Talk radio doesn't and won't address this obvious fact, so many just don't see it, no matter how obvious it is.
.

Trying to detach regulation from capitalism is like trying to take the hydrogen component out of water.

But there are 2 hydrogen atoms in every water molecule and only one oxygen atom.
That's no fair.....rich people benefit more from that second hydrogen atom than poor people.
We need to remove one hydrogen atom from every water molecule to stick it to those rich people.

Uh... sure.

Anyway, back to reality. Careful, thoughtful and efficient regulation makes capitalism better.
.

You bet.

And moronic, business crushing regulation gives you a weak recovery.

Yes it does.

Believe it or not, it's possible to have smart, efficient regulation. Unfortunately, the Left wants more and more and the Right wants less and less. Neither of them are thinking.
.

 

[Billy000]

1) What would stop the income disparity from widening? After all, corporate profits are already at an all time high and the board of a corporation has a fiduciary responsibility to maximize profit which includes minimizing labor cost as much as possible. Small business owners have the same mentality. It’s every man for himself in a republican world right? Even at this juncture, the 3 wealthiest people in this country own more wealth than the bottom 50% of workers. What’s to stop that from getting worse?

2) How would wages keep up with ever rising inflation?

3) How would average joe afford healthcare if prescription drug and medical costs only rose and Medicare/Medicaid would have to pay the bill? What if that wasn’t enough? What if one’s insurance doesn’t include life saving cancer treatment that is too expensive out of pocket? That person has a high deductible because the insurance company he is vulnerable to wants to maximize profit.

4) What’s to stop corporations to put whatever carcinogenics they want into their products? It’s not like average joe consumer would need to be aware of this. He would get cancer and no one would know why. Corporations could say whatever the fuck they want in their advertising. All that would matter is that the carcinogenic product increased profits. Think of chemicals sprayed on your produce to make them taste better and have more natural-looking color.

5) What if there was no minimum wage? You may think a corporation wouldn’t pay below that because it makes their position seem less attractive to the worker, but if every corporation individually and independently had the power to set their own wages, what’s to stop them from dropping to $5 per hour? $5 per hour could become the new standard. Why wouldn’t this happen?

6) Oh and let’s think of labor laws. Maybe the new standard would be that a full time job would never guarantee benefits? How about if corporations made it so you legally couldn’t have days off? The fat cats at the top could take whatever vacation time they wanted, but average joe working the cash register brings in more capital by working every day at a shitty wage.

7) What’s to stop automation from replacing more and more jobs thus making human required jobs extremely competitive?

#1) Did those wealthiest people steal from the ones that are not as wealthy? No. So why do you care if they are wealthy. LeBron James is super wealthy but not as wealthy as Bill Gates. Do you think LeBron and Mrs. James fight over the cable bill? No? Your pretense is stupid.

#2) Market economics. If companies want the best people they will entice them with compensation and benefits. If I don't pay my people the best wages they will go to a competitor. Duh. Take an economics class.

#3) Then that person goes to friends, family, church to get the funding. Forcing a doctor to give you free medical treatment is thievery. Do you force your plumber to fix your toilet if you cannot afford to pay him? When buying insurance you need to make sure it covers disasters such as adverse medical conditions. Shop around.

#4) You mean like big tobacco with their lobbyists? We have the FDA to regulate this but if people started dying from using a certain product that company would go out of business fairly quickly. Companies want to make money not go out of business.

#5) If someone pays you $5 per hour and I want you as my employee I'll pay you $10 or $15 or $20. You're talking blue collar jobs mostly because for example engineers can go where the pay is highest. They don't have a union. If someone is being cheap and paying them $80k per year then a competitor can pay $100k and take them. The company paying $80k will have employees who are not a good and likely won't be as innovative as the one paying more and will lose out and may go down. Paying $15/hr min only hurts small businesses. Home Depot and WalMart can easily absorb it and it kills their competition. Gov't needs to butt out!

#6) This isn't slavery. Benefits and time off are part of "compensation". Those companies would go out of business.

#7) It is happening now. At $15/hr. Wendys can have robots take your order and it would be cheaper than paying low skill level people $15/hr.


You need to take some business and economics classes. With all due respect you sound very stupid and uneducated. I am shocked you know how to use a computer.

1) Them simply being wealthy isn’t the issue you idiot. It’s that based on the system we are in, special interests and unfettered corporate power are able to make all the rules. The government is necessary in limiting their power, but it isn’t because they own the government.

2) Except that we have that same system now and 42% of workers make less than $15 per hour. What exactly are you waiting for to happen? How would the private market fix this on its own? You don’t have any clue.

3) Lol your ignorance is hysterical. If people could rely on friends and family, we wouldn’t have the shitty healthcare system we have now. None of those resources could possibly pay for long term medical care.

4) Yeah without government oversight, these companies can be as little transparent as they want and thus the consumer wouldn’t figure it out. Hell already the consumer is ignorant. My god take you for example.

5) Again, fuckstick, we already have that system where the market sets their own wages and 42% of workers make less than 15. Eliminating the minimum wage would only set a new standard of pay over time.

6) And with no laws to require them to provide benefits, companies would over time would stop providing them.

7) Yeah no shit it’s happening now. How would somehow change over time?

 

[AzogtheDefiler]

1) What would stop the income disparity from widening? After all, corporate profits are already at an all time high and the board of a corporation has a fiduciary responsibility to maximize profit which includes minimizing labor cost as much as possible. Small business owners have the same mentality. It’s every man for himself in a republican world right? Even at this juncture, the 3 wealthiest people in this country own more wealth than the bottom 50% of workers. What’s to stop that from getting worse?

2) How would wages keep up with ever rising inflation?

3) How would average joe afford healthcare if prescription drug and medical costs only rose and Medicare/Medicaid would have to pay the bill? What if that wasn’t enough? What if one’s insurance doesn’t include life saving cancer treatment that is too expensive out of pocket? That person has a high deductible because the insurance company he is vulnerable to wants to maximize profit.

4) What’s to stop corporations to put whatever carcinogenics they want into their products? It’s not like average joe consumer would need to be aware of this. He would get cancer and no one would know why. Corporations could say whatever the fuck they want in their advertising. All that would matter is that the carcinogenic product increased profits. Think of chemicals sprayed on your produce to make them taste better and have more natural-looking color.

5) What if there was no minimum wage? You may think a corporation wouldn’t pay below that because it makes their position seem less attractive to the worker, but if every corporation individually and independently had the power to set their own wages, what’s to stop them from dropping to $5 per hour? $5 per hour could become the new standard. Why wouldn’t this happen?

6) Oh and let’s think of labor laws. Maybe the new standard would be that a full time job would never guarantee benefits? How about if corporations made it so you legally couldn’t have days off? The fat cats at the top could take whatever vacation time they wanted, but average joe working the cash register brings in more capital by working every day at a shitty wage.

7) What’s to stop automation from replacing more and more jobs thus making human required jobs extremely competitive?

#1) Did those wealthiest people steal from the ones that are not as wealthy? No. So why do you care if they are wealthy. LeBron James is super wealthy but not as wealthy as Bill Gates. Do you think LeBron and Mrs. James fight over the cable bill? No? Your pretense is stupid.

#2) Market economics. If companies want the best people they will entice them with compensation and benefits. If I don't pay my people the best wages they will go to a competitor. Duh. Take an economics class.

#3) Then that person goes to friends, family, church to get the funding. Forcing a doctor to give you free medical treatment is thievery. Do you force your plumber to fix your toilet if you cannot afford to pay him? When buying insurance you need to make sure it covers disasters such as adverse medical conditions. Shop around.

#4) You mean like big tobacco with their lobbyists? We have the FDA to regulate this but if people started dying from using a certain product that company would go out of business fairly quickly. Companies want to make money not go out of business.

#5) If someone pays you $5 per hour and I want you as my employee I'll pay you $10 or $15 or $20. You're talking blue collar jobs mostly because for example engineers can go where the pay is highest. They don't have a union. If someone is being cheap and paying them $80k per year then a competitor can pay $100k and take them. The company paying $80k will have employees who are not a good and likely won't be as innovative as the one paying more and will lose out and may go down. Paying $15/hr min only hurts small businesses. Home Depot and WalMart can easily absorb it and it kills their competition. Gov't needs to butt out!

#6) This isn't slavery. Benefits and time off are part of "compensation". Those companies would go out of business.

#7) It is happening now. At $15/hr. Wendys can have robots take your order and it would be cheaper than paying low skill level people $15/hr.


You need to take some business and economics classes. With all due respect you sound very stupid and uneducated. I am shocked you know how to use a computer.

1) Them simply being wealthy isn’t the issue you idiot. It’s that based on the system we are in, special interests and unfettered corporate power are able to make all the rules. The government is necessary in limiting their power, but it isn’t because they own the government.

2) Except that we have that same system now and 42% of workers make less than $15 per hour. What exactly are you waiting for to happen? How would the private market fix this on its own? You don’t have any clue.

3) Lol your ignorance is hysterical. If people could rely on friends and family, we wouldn’t have the shitty healthcare system we have now. None of those resources could possibly pay for long term medical care.

4) Yeah without government oversight, these companies can be as little transparent as they want and thus the consumer wouldn’t figure it out. Hell already the consumer is ignorant. My god take you for example.

5) Again, fuckstick, we already have that system where the market sets their own wages and 42% of workers make less than 15. Eliminating the minimum wage would only set a new standard of pay over time.

6) And with no laws to require them to provide benefits, companies would over time would stop providing them.

7) Yeah no shit it’s happening now. How would somehow change over time?

#1) What? Steve Jobs was innovative so he made his money. No one gave it to him and he didn't need special interests. You're talking nonsense.

#2) Are you including hourly workers, part time workers (students) and laborers? How much do college grads or trade school grads earn? A lot more than $15/hr. You need to get a clue.

#3) Shitty? People all over the world come here for our health system. You are an ignorant fool.

#4) So Coke and Pepsi products have enough sugar in them to cause diabetes in half the country. We are the fattest and one of the most unhealthy countries in the world. LOL. Sometimes people just need to educate themselves. Living on chips, soda and mac and cheese is legal but is terrible for your health. You're a moron.

#5) Again, dipshit no we don't.

#6) Companies didn't used to provide them. In the 70s they started as a way to lure employees and it spread. I think we should but health insurance like we do auto insurance. Don't need corporations for it. You're dumb and don't know history. You're also ugly.

#7) You idiot. You need to evolve with innovation. There is no more ice delivery man, or milk man, we need fewer postal workers, don't really need payphones, cab industry is dying but other jobs come up. You don't stop innovation because it may cause jobs.

You are definitely a dolt.

 

[fncceo]

I don't need to imagine anything after the '08 crash

That was caused by government interference with the mortgage markets?

The Gub'Mit did not create the derivatives market , instead they chose to deregulate

aka> free trade

That said, the Gub'Mit da*med well knows it WILL have to deal with it>

The government sponsored and regulated entities Freddie Mac and Fannie Mae issues most of the MBS responsible for the housing collapse of 2008.It was the those agencies policies of rating sub-prime mortgages equivalent to viable mortgages that destroyed the market.

 

[Remodeling Maidiac]

I wonder if the automobile, the telephone, television etc...etc...would of been invented yet if the world didn't go to capitalism?



.

That’s a pointless argument because what I am suggesting has nothing to do with ending capitalism. God you people are dumb.

It's no more pointless than your ridiculous question. The government will NEVER take its hand out of the cookie jar.

 

[fncceo]

I wonder if the automobile, the telephone, television etc...etc...would of been invented yet if the world didn't go to capitalism?



.

That’s a pointless argument because what I am suggesting has nothing to do with ending capitalism. God you people are dumb.

It's no more pointless than your ridiculous question. The government will NEVER take its hand out of the cookie jar.

It will ... if we remove the hand.

 

[Tehon]

I don't need to imagine anything after the '08 crash

That was caused by government interference with the mortgage markets?

The Gub'Mit did not create the derivatives market , instead they chose to deregulate

aka> free trade

That said, the Gub'Mit da*med well knows it WILL have to deal with it>

The government sponsored and regulated entities Freddie Mac and Fannie Mae issues most of the MBS responsible for the housing collapse of 2008.It was the those agencies policies of rating sub-prime mortgages equivalent to viable mortgages that destroyed the market.

It was the private label CDOs that transferred default risk and eventually shorted the banking system. Not the GSEs MBSs which are guaranteed against default.

 

[Toddsterpatriot]

I don't need to imagine anything after the '08 crash

That was caused by government interference with the mortgage markets?

The Gub'Mit did not create the derivatives market , instead they chose to deregulate

aka> free trade

That said, the Gub'Mit da*med well knows it WILL have to deal with it>

The government sponsored and regulated entities Freddie Mac and Fannie Mae issues most of the MBS responsible for the housing collapse of 2008.It was the those agencies policies of rating sub-prime mortgages equivalent to viable mortgages that destroyed the market.

It was the private label CDOs that transferred default risk and eventually shorted the banking system. Not the GSEs MBSs which are guaranteed against default.

Not the GSEs MBSs which are guaranteed against default.

And that guarantee only required $187 billion in TARP bailouts and a government takeover.

 

[Lesh]

1) What would stop the income disparity from widening? After all, corporate profits are already at an all time high and the board of a corporation has a fiduciary responsibility to maximize profit which includes minimizing labor cost as much as possible. Small business owners have the same mentality. It’s every man for himself in a republican world right? Even at this juncture, the 3 wealthiest people in this country own more wealth than the bottom 50% of workers. What’s to stop that from getting worse?

2) How would wages keep up with ever rising inflation?

3) How would average joe afford healthcare if prescription drug and medical costs only rose and Medicare/Medicaid would have to pay the bill? What if that wasn’t enough? What if one’s insurance doesn’t include life saving cancer treatment that is too expensive out of pocket? That person has a high deductible because the insurance company he is vulnerable to wants to maximize profit.

4) What’s to stop corporations to put whatever carcinogenics they want into their products? It’s not like average joe consumer would need to be aware of this. He would get cancer and no one would know why. Corporations could say whatever the fuck they want in their advertising. All that would matter is that the carcinogenic product increased profits. Think of chemicals sprayed on your produce to make them taste better and have more natural-looking color.

5) What if there was no minimum wage? You may think a corporation wouldn’t pay below that because it makes their position seem less attractive to the worker, but if every corporation individually and independently had the power to set their own wages, what’s to stop them from dropping to $5 per hour? $5 per hour could become the new standard. Why wouldn’t this happen?

6) Oh and let’s think of labor laws. Maybe the new standard would be that a full time job would never guarantee benefits? How about if corporations made it so you legally couldn’t have days off? The fat cats at the top could take whatever vacation time they wanted, but average joe working the cash register brings in more capital by working every day at a shitty wage.

7) What’s to stop automation from replacing more and more jobs thus making human required jobs extremely competitive?

#1) Did those wealthiest people steal from the ones that are not as wealthy? No. So why do you care if they are wealthy. LeBron James is super wealthy but not as wealthy as Bill Gates. Do you think LeBron and Mrs. James fight over the cable bill? No? Your pretense is stupid.

#2) Market economics. If companies want the best people they will entice them with compensation and benefits. If I don't pay my people the best wages they will go to a competitor. Duh. Take an economics class.

#3) Then that person goes to friends, family, church to get the funding. Forcing a doctor to give you free medical treatment is thievery. Do you force your plumber to fix your toilet if you cannot afford to pay him? When buying insurance you need to make sure it covers disasters such as adverse medical conditions. Shop around.

#4) You mean like big tobacco with their lobbyists? We have the FDA to regulate this but if people started dying from using a certain product that company would go out of business fairly quickly. Companies want to make money not go out of business.

#5) If someone pays you $5 per hour and I want you as my employee I'll pay you $10 or $15 or $20. You're talking blue collar jobs mostly because for example engineers can go where the pay is highest. They don't have a union. If someone is being cheap and paying them $80k per year then a competitor can pay $100k and take them. The company paying $80k will have employees who are not a good and likely won't be as innovative as the one paying more and will lose out and may go down. Paying $15/hr min only hurts small businesses. Home Depot and WalMart can easily absorb it and it kills their competition. Gov't needs to butt out!

#6) This isn't slavery. Benefits and time off are part of "compensation". Those companies would go out of business.

#7) It is happening now. At $15/hr. Wendys can have robots take your order and it would be cheaper than paying low skill level people $15/hr.


You need to take some business and economics classes. With all due respect you sound very stupid and uneducated. I am shocked you know how to use a computer.

1) Them simply being wealthy isn’t the issue you idiot. It’s that based on the system we are in, special interests and unfettered corporate power are able to make all the rules. The government is necessary in limiting their power, but it isn’t because they own the government.

2) Except that we have that same system now and 42% of workers make less than $15 per hour. What exactly are you waiting for to happen? How would the private market fix this on its own? You don’t have any clue.

3) Lol your ignorance is hysterical. If people could rely on friends and family, we wouldn’t have the shitty healthcare system we have now. None of those resources could possibly pay for long term medical care.

4) Yeah without government oversight, these companies can be as little transparent as they want and thus the consumer wouldn’t figure it out. Hell already the consumer is ignorant. My god take you for example.

5) Again, fuckstick, we already have that system where the market sets their own wages and 42% of workers make less than 15. Eliminating the minimum wage would only set a new standard of pay over time.

6) And with no laws to require them to provide benefits, companies would over time would stop providing them.

7) Yeah no shit it’s happening now. How would somehow change over time?

And let's not forget that we HAD what these people are asking for in the latter part of the 19th Century and early part of the 20th and it was pretty horrific for anyone not named JP Morgan etc.

 

[Toddsterpatriot]

1) What would stop the income disparity from widening? After all, corporate profits are already at an all time high and the board of a corporation has a fiduciary responsibility to maximize profit which includes minimizing labor cost as much as possible. Small business owners have the same mentality. It’s every man for himself in a republican world right? Even at this juncture, the 3 wealthiest people in this country own more wealth than the bottom 50% of workers. What’s to stop that from getting worse?

2) How would wages keep up with ever rising inflation?

3) How would average joe afford healthcare if prescription drug and medical costs only rose and Medicare/Medicaid would have to pay the bill? What if that wasn’t enough? What if one’s insurance doesn’t include life saving cancer treatment that is too expensive out of pocket? That person has a high deductible because the insurance company he is vulnerable to wants to maximize profit.

4) What’s to stop corporations to put whatever carcinogenics they want into their products? It’s not like average joe consumer would need to be aware of this. He would get cancer and no one would know why. Corporations could say whatever the fuck they want in their advertising. All that would matter is that the carcinogenic product increased profits. Think of chemicals sprayed on your produce to make them taste better and have more natural-looking color.

5) What if there was no minimum wage? You may think a corporation wouldn’t pay below that because it makes their position seem less attractive to the worker, but if every corporation individually and independently had the power to set their own wages, what’s to stop them from dropping to $5 per hour? $5 per hour could become the new standard. Why wouldn’t this happen?

6) Oh and let’s think of labor laws. Maybe the new standard would be that a full time job would never guarantee benefits? How about if corporations made it so you legally couldn’t have days off? The fat cats at the top could take whatever vacation time they wanted, but average joe working the cash register brings in more capital by working every day at a shitty wage.

7) What’s to stop automation from replacing more and more jobs thus making human required jobs extremely competitive?

#1) Did those wealthiest people steal from the ones that are not as wealthy? No. So why do you care if they are wealthy. LeBron James is super wealthy but not as wealthy as Bill Gates. Do you think LeBron and Mrs. James fight over the cable bill? No? Your pretense is stupid.

#2) Market economics. If companies want the best people they will entice them with compensation and benefits. If I don't pay my people the best wages they will go to a competitor. Duh. Take an economics class.

#3) Then that person goes to friends, family, church to get the funding. Forcing a doctor to give you free medical treatment is thievery. Do you force your plumber to fix your toilet if you cannot afford to pay him? When buying insurance you need to make sure it covers disasters such as adverse medical conditions. Shop around.

#4) You mean like big tobacco with their lobbyists? We have the FDA to regulate this but if people started dying from using a certain product that company would go out of business fairly quickly. Companies want to make money not go out of business.

#5) If someone pays you $5 per hour and I want you as my employee I'll pay you $10 or $15 or $20. You're talking blue collar jobs mostly because for example engineers can go where the pay is highest. They don't have a union. If someone is being cheap and paying them $80k per year then a competitor can pay $100k and take them. The company paying $80k will have employees who are not a good and likely won't be as innovative as the one paying more and will lose out and may go down. Paying $15/hr min only hurts small businesses. Home Depot and WalMart can easily absorb it and it kills their competition. Gov't needs to butt out!

#6) This isn't slavery. Benefits and time off are part of "compensation". Those companies would go out of business.

#7) It is happening now. At $15/hr. Wendys can have robots take your order and it would be cheaper than paying low skill level people $15/hr.


You need to take some business and economics classes. With all due respect you sound very stupid and uneducated. I am shocked you know how to use a computer.

1) Them simply being wealthy isn’t the issue you idiot. It’s that based on the system we are in, special interests and unfettered corporate power are able to make all the rules. The government is necessary in limiting their power, but it isn’t because they own the government.

2) Except that we have that same system now and 42% of workers make less than $15 per hour. What exactly are you waiting for to happen? How would the private market fix this on its own? You don’t have any clue.

3) Lol your ignorance is hysterical. If people could rely on friends and family, we wouldn’t have the shitty healthcare system we have now. None of those resources could possibly pay for long term medical care.

4) Yeah without government oversight, these companies can be as little transparent as they want and thus the consumer wouldn’t figure it out. Hell already the consumer is ignorant. My god take you for example.

5) Again, fuckstick, we already have that system where the market sets their own wages and 42% of workers make less than 15. Eliminating the minimum wage would only set a new standard of pay over time.

6) And with no laws to require them to provide benefits, companies would over time would stop providing them.

7) Yeah no shit it’s happening now. How would somehow change over time?

And let's not forget that we HAD what these people are asking for in the latter part of the 19th Century and early part of the 20th and it was pretty horrific for anyone not named JP Morgan etc.

Massive economic growth was horrific?

You can't be serious.

 

[Lesh]

1) What would stop the income disparity from widening? After all, corporate profits are already at an all time high and the board of a corporation has a fiduciary responsibility to maximize profit which includes minimizing labor cost as much as possible. Small business owners have the same mentality. It’s every man for himself in a republican world right? Even at this juncture, the 3 wealthiest people in this country own more wealth than the bottom 50% of workers. What’s to stop that from getting worse?

2) How would wages keep up with ever rising inflation?

3) How would average joe afford healthcare if prescription drug and medical costs only rose and Medicare/Medicaid would have to pay the bill? What if that wasn’t enough? What if one’s insurance doesn’t include life saving cancer treatment that is too expensive out of pocket? That person has a high deductible because the insurance company he is vulnerable to wants to maximize profit.

4) What’s to stop corporations to put whatever carcinogenics they want into their products? It’s not like average joe consumer would need to be aware of this. He would get cancer and no one would know why. Corporations could say whatever the fuck they want in their advertising. All that would matter is that the carcinogenic product increased profits. Think of chemicals sprayed on your produce to make them taste better and have more natural-looking color.

5) What if there was no minimum wage? You may think a corporation wouldn’t pay below that because it makes their position seem less attractive to the worker, but if every corporation individually and independently had the power to set their own wages, what’s to stop them from dropping to $5 per hour? $5 per hour could become the new standard. Why wouldn’t this happen?

6) Oh and let’s think of labor laws. Maybe the new standard would be that a full time job would never guarantee benefits? How about if corporations made it so you legally couldn’t have days off? The fat cats at the top could take whatever vacation time they wanted, but average joe working the cash register brings in more capital by working every day at a shitty wage.

7) What’s to stop automation from replacing more and more jobs thus making human required jobs extremely competitive?

#1) Did those wealthiest people steal from the ones that are not as wealthy? No. So why do you care if they are wealthy. LeBron James is super wealthy but not as wealthy as Bill Gates. Do you think LeBron and Mrs. James fight over the cable bill? No? Your pretense is stupid.

#2) Market economics. If companies want the best people they will entice them with compensation and benefits. If I don't pay my people the best wages they will go to a competitor. Duh. Take an economics class.

#3) Then that person goes to friends, family, church to get the funding. Forcing a doctor to give you free medical treatment is thievery. Do you force your plumber to fix your toilet if you cannot afford to pay him? When buying insurance you need to make sure it covers disasters such as adverse medical conditions. Shop around.

#4) You mean like big tobacco with their lobbyists? We have the FDA to regulate this but if people started dying from using a certain product that company would go out of business fairly quickly. Companies want to make money not go out of business.

#5) If someone pays you $5 per hour and I want you as my employee I'll pay you $10 or $15 or $20. You're talking blue collar jobs mostly because for example engineers can go where the pay is highest. They don't have a union. If someone is being cheap and paying them $80k per year then a competitor can pay $100k and take them. The company paying $80k will have employees who are not a good and likely won't be as innovative as the one paying more and will lose out and may go down. Paying $15/hr min only hurts small businesses. Home Depot and WalMart can easily absorb it and it kills their competition. Gov't needs to butt out!

#6) This isn't slavery. Benefits and time off are part of "compensation". Those companies would go out of business.

#7) It is happening now. At $15/hr. Wendys can have robots take your order and it would be cheaper than paying low skill level people $15/hr.


You need to take some business and economics classes. With all due respect you sound very stupid and uneducated. I am shocked you know how to use a computer.

1) Them simply being wealthy isn’t the issue you idiot. It’s that based on the system we are in, special interests and unfettered corporate power are able to make all the rules. The government is necessary in limiting their power, but it isn’t because they own the government.

2) Except that we have that same system now and 42% of workers make less than $15 per hour. What exactly are you waiting for to happen? How would the private market fix this on its own? You don’t have any clue.

3) Lol your ignorance is hysterical. If people could rely on friends and family, we wouldn’t have the shitty healthcare system we have now. None of those resources could possibly pay for long term medical care.

4) Yeah without government oversight, these companies can be as little transparent as they want and thus the consumer wouldn’t figure it out. Hell already the consumer is ignorant. My god take you for example.

5) Again, fuckstick, we already have that system where the market sets their own wages and 42% of workers make less than 15. Eliminating the minimum wage would only set a new standard of pay over time.

6) And with no laws to require them to provide benefits, companies would over time would stop providing them.

7) Yeah no shit it’s happening now. How would somehow change over time?

And let's not forget that we HAD what these people are asking for in the latter part of the 19th Century and early part of the 20th and it was pretty horrific for anyone not named JP Morgan etc.

Massive economic growth was horrific?

You can't be serious.

Massive economic growth that left most of the population in poverty

 

[Toddsterpatriot]

1) What would stop the income disparity from widening? After all, corporate profits are already at an all time high and the board of a corporation has a fiduciary responsibility to maximize profit which includes minimizing labor cost as much as possible. Small business owners have the same mentality. It’s every man for himself in a republican world right? Even at this juncture, the 3 wealthiest people in this country own more wealth than the bottom 50% of workers. What’s to stop that from getting worse?

2) How would wages keep up with ever rising inflation?

3) How would average joe afford healthcare if prescription drug and medical costs only rose and Medicare/Medicaid would have to pay the bill? What if that wasn’t enough? What if one’s insurance doesn’t include life saving cancer treatment that is too expensive out of pocket? That person has a high deductible because the insurance company he is vulnerable to wants to maximize profit.

4) What’s to stop corporations to put whatever carcinogenics they want into their products? It’s not like average joe consumer would need to be aware of this. He would get cancer and no one would know why. Corporations could say whatever the fuck they want in their advertising. All that would matter is that the carcinogenic product increased profits. Think of chemicals sprayed on your produce to make them taste better and have more natural-looking color.

5) What if there was no minimum wage? You may think a corporation wouldn’t pay below that because it makes their position seem less attractive to the worker, but if every corporation individually and independently had the power to set their own wages, what’s to stop them from dropping to $5 per hour? $5 per hour could become the new standard. Why wouldn’t this happen?

6) Oh and let’s think of labor laws. Maybe the new standard would be that a full time job would never guarantee benefits? How about if corporations made it so you legally couldn’t have days off? The fat cats at the top could take whatever vacation time they wanted, but average joe working the cash register brings in more capital by working every day at a shitty wage.

7) What’s to stop automation from replacing more and more jobs thus making human required jobs extremely competitive?

#1) Did those wealthiest people steal from the ones that are not as wealthy? No. So why do you care if they are wealthy. LeBron James is super wealthy but not as wealthy as Bill Gates. Do you think LeBron and Mrs. James fight over the cable bill? No? Your pretense is stupid.

#2) Market economics. If companies want the best people they will entice them with compensation and benefits. If I don't pay my people the best wages they will go to a competitor. Duh. Take an economics class.

#3) Then that person goes to friends, family, church to get the funding. Forcing a doctor to give you free medical treatment is thievery. Do you force your plumber to fix your toilet if you cannot afford to pay him? When buying insurance you need to make sure it covers disasters such as adverse medical conditions. Shop around.

#4) You mean like big tobacco with their lobbyists? We have the FDA to regulate this but if people started dying from using a certain product that company would go out of business fairly quickly. Companies want to make money not go out of business.

#5) If someone pays you $5 per hour and I want you as my employee I'll pay you $10 or $15 or $20. You're talking blue collar jobs mostly because for example engineers can go where the pay is highest. They don't have a union. If someone is being cheap and paying them $80k per year then a competitor can pay $100k and take them. The company paying $80k will have employees who are not a good and likely won't be as innovative as the one paying more and will lose out and may go down. Paying $15/hr min only hurts small businesses. Home Depot and WalMart can easily absorb it and it kills their competition. Gov't needs to butt out!

#6) This isn't slavery. Benefits and time off are part of "compensation". Those companies would go out of business.

#7) It is happening now. At $15/hr. Wendys can have robots take your order and it would be cheaper than paying low skill level people $15/hr.


You need to take some business and economics classes. With all due respect you sound very stupid and uneducated. I am shocked you know how to use a computer.

1) Them simply being wealthy isn’t the issue you idiot. It’s that based on the system we are in, special interests and unfettered corporate power are able to make all the rules. The government is necessary in limiting their power, but it isn’t because they own the government.

2) Except that we have that same system now and 42% of workers make less than $15 per hour. What exactly are you waiting for to happen? How would the private market fix this on its own? You don’t have any clue.

3) Lol your ignorance is hysterical. If people could rely on friends and family, we wouldn’t have the shitty healthcare system we have now. None of those resources could possibly pay for long term medical care.

4) Yeah without government oversight, these companies can be as little transparent as they want and thus the consumer wouldn’t figure it out. Hell already the consumer is ignorant. My god take you for example.

5) Again, fuckstick, we already have that system where the market sets their own wages and 42% of workers make less than 15. Eliminating the minimum wage would only set a new standard of pay over time.

6) And with no laws to require them to provide benefits, companies would over time would stop providing them.

7) Yeah no shit it’s happening now. How would somehow change over time?

And let's not forget that we HAD what these people are asking for in the latter part of the 19th Century and early part of the 20th and it was pretty horrific for anyone not named JP Morgan etc.

Massive economic growth was horrific?

You can't be serious.

Massive economic growth that left most of the population in poverty

Link?

 

[AzogtheDefiler]

People are dumb. Reason Amazon can pay workers less is because those workers readily accept those jobs knowing the remainders will be made up by food stamps and other gov't subsidies. Make it more difficult to get these subsidies and Amazon will be forced to pay more.

 

[Brain357]

People are dumb. Reason Amazon can pay workers less is because those workers readily accept those jobs knowing the remainders will be made up by food stamps and other gov't subsidies. Make it more difficult to get these subsidies and Amazon will be forced to pay more.

It used to be wages went up when unemployment was low. That's not happening. I don't have as much confidence in your theory as I used to...

 

[Tehon]

I don't need to imagine anything after the '08 crash

That was caused by government interference with the mortgage markets?

The Gub'Mit did not create the derivatives market , instead they chose to deregulate

aka> free trade

That said, the Gub'Mit da*med well knows it WILL have to deal with it>

The government sponsored and regulated entities Freddie Mac and Fannie Mae issues most of the MBS responsible for the housing collapse of 2008.It was the those agencies policies of rating sub-prime mortgages equivalent to viable mortgages that destroyed the market.

It was the private label CDOs that transferred default risk and eventually shorted the banking system. Not the GSEs MBSs which are guaranteed against default.

Not the GSEs MBSs which are guaranteed against default.

And that guarantee only required $187 billion in TARP bailouts and a government takeover.

Yeah, and it required $182 billion to bail out the private insurer AIG. And another $350 billion to bail out the rest of the banks. Not to mention the nearly $2 trillion in quantitative easing to prop up the entire private banking system.

 

[Toddsterpatriot]

That was caused by government interference with the mortgage markets?

The Gub'Mit did not create the derivatives market , instead they chose to deregulate

aka> free trade

That said, the Gub'Mit da*med well knows it WILL have to deal with it>

The government sponsored and regulated entities Freddie Mac and Fannie Mae issues most of the MBS responsible for the housing collapse of 2008.It was the those agencies policies of rating sub-prime mortgages equivalent to viable mortgages that destroyed the market.

It was the private label CDOs that transferred default risk and eventually shorted the banking system. Not the GSEs MBSs which are guaranteed against default.

Not the GSEs MBSs which are guaranteed against default.

And that guarantee only required $187 billion in TARP bailouts and a government takeover.

Yeah, and it required $182 billion to bail out the private insurer AIG. And another $350 billion to bail out the rest of the banks. Not to mention the nearly $2 trillion in quantitative easing to prop up the entire private banking system.

Yeah, and it required $182 billion to bail out the private insurer AIG. And another $350 billion to bail out the rest of the banks.

Yup. So now that we agree that the agencies played a large role in the crisis...….

 

[Tehon]

The Gub'Mit did not create the derivatives market , instead they chose to deregulate

aka> free trade

That said, the Gub'Mit da*med well knows it WILL have to deal with it>

The government sponsored and regulated entities Freddie Mac and Fannie Mae issues most of the MBS responsible for the housing collapse of 2008.It was the those agencies policies of rating sub-prime mortgages equivalent to viable mortgages that destroyed the market.

It was the private label CDOs that transferred default risk and eventually shorted the banking system. Not the GSEs MBSs which are guaranteed against default.

Not the GSEs MBSs which are guaranteed against default.

And that guarantee only required $187 billion in TARP bailouts and a government takeover.

Yeah, and it required $182 billion to bail out the private insurer AIG. And another $350 billion to bail out the rest of the banks. Not to mention the nearly $2 trillion in quantitative easing to prop up the entire private banking system.

Yeah, and it required $182 billion to bail out the private insurer AIG. And another $350 billion to bail out the rest of the banks.

Yup. So now that we agree that the agencies played a large role in the crisis...….

So now that we agree that the agencies played a large role in the crisis...….
We can stop pretending it was entirely the fault of the agencies.

 

[Toddsterpatriot]

The government sponsored and regulated entities Freddie Mac and Fannie Mae issues most of the MBS responsible for the housing collapse of 2008.It was the those agencies policies of rating sub-prime mortgages equivalent to viable mortgages that destroyed the market.

It was the private label CDOs that transferred default risk and eventually shorted the banking system. Not the GSEs MBSs which are guaranteed against default.

Not the GSEs MBSs which are guaranteed against default.

And that guarantee only required $187 billion in TARP bailouts and a government takeover.

Yeah, and it required $182 billion to bail out the private insurer AIG. And another $350 billion to bail out the rest of the banks. Not to mention the nearly $2 trillion in quantitative easing to prop up the entire private banking system.

Yeah, and it required $182 billion to bail out the private insurer AIG. And another $350 billion to bail out the rest of the banks.

Yup. So now that we agree that the agencies played a large role in the crisis...….

So now that we agree that the agencies played a large role in the crisis...….
We can stop pretending it was entirely the fault of the agencies.

Who ever claimed that it was?
But when you add that much demand for crap......a supply springs up, that's for damn sure.

 

[Tehon]

It was the private label CDOs that transferred default risk and eventually shorted the banking system. Not the GSEs MBSs which are guaranteed against default.

Not the GSEs MBSs which are guaranteed against default.

And that guarantee only required $187 billion in TARP bailouts and a government takeover.

Yeah, and it required $182 billion to bail out the private insurer AIG. And another $350 billion to bail out the rest of the banks. Not to mention the nearly $2 trillion in quantitative easing to prop up the entire private banking system.

Yeah, and it required $182 billion to bail out the private insurer AIG. And another $350 billion to bail out the rest of the banks.

Yup. So now that we agree that the agencies played a large role in the crisis...….

So now that we agree that the agencies played a large role in the crisis...….
We can stop pretending it was entirely the fault of the agencies.

Who ever claimed that it was?
But when you add that much demand for crap......a supply springs up, that's for damn sure.

A poster in this thread suggested the GSEs were to blame.