Universal Basic Income: Biden's Best Bet?

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Oh yeah. It's beyond stupid. Remember that movie Margin Call with Kevin Spacey, and Jeremy Irons played the CEO, who says "Speak as might to a young child or a golden retriever. It wasn't brains that got me here, I can assure you of that".

And he had to fly in on a helicopter, because he was off somewhere else in the world, and after the crash, he's up in the pent house eating a steak.

The movie, other than that part wasn't entirely bad or wrong, but the way they portray CEOs is ridiculous.

I have never had a CEO like that. At my last job, the CEO showed up a 6 AM, worked until 6 PM. He was always the first in the office in the morning, and few stayed past 6 PM when he left. That was every single day of the week.

https://www.bizjournals.com/bizjour...urces/2018/11/a-day-in-the-life-of-a-ceo.html
You read any of the numerous examples of CEOs describing their typical day... not one is "sit at beach. Wait for others to send me pay checks. Ask for martini and bikini babes. Watch sun set. Watch movie at penthouse, and then go to bed.".

No one does that. It shows how ridiculously stupid the American public is, that they are swayed by the ridiculous portrayals of the moronic media. Like they are a Scrooge McDuck cartoon, spending their days swimming through vaults of gold. So dumb.... these people...

Another thing is CEO's often have failed marriages. Many live out of their suitcase or frequently move to another city or state when they change jobs which makes it very rough to have a quality family life.

Some say a CEO doesn't do anything. And how would you know that? Okay, if he doesn't do anything, why don't you become a CEO yourself if it's so easy? As the old saying goes, the grass is always greener on the other side. The truth is it takes a lot of education and experience to be a high paid CEO. You need to have a long record of accomplishments. Not all CEO's earn million dollar paychecks either.

They tell us companies should liquidate much of a CEO's pay so they can give more to their workers. Without that CEO, there might not be any workers at all. If you operate a drill press for $15.00 an hour, it means your employer can sell your work for $25.00 an hour. No company would pay a CEO 2.5 million dollars if they were not bringing in 3.5 million dollars of revenue for the company.

And that claim always cracks me up. Pay the CEO less, so the workers have more. Did these people ever take a math class? Like in Middle School?

CEO of Walmart - $20 Million salary.
Employees of Walmart - 2.2 million.

$20 Million divided by 2.2 Million = $9.09. For the whole year.

Of course that's not even possible, since only $4.7 Million is cash. The rest is stock, which you can't pay employees with, since they wouldn't be able to sell it for 10 years, like the CEO.

$4.7 Million divided by 2.2 million = $2.13.

So now you have no CEO of the company, and all the workers got, was $2.13 for the entire year. And without a good CEO, we know what happens to companies... they fail. Like Enron, or Apple in the 1990s, Countrywide, Worldcom, Sun Microsystems, and the list goes on.

All so that the employee can get two bucks instead of paying for a good CEO.

Ridiculous.
BINGO! This sums it up for the ill informed low IQ minions from the left.

Thanks, Andy for putting it into context for the posters who's favorite books are coloring books
 
Unemployment compensation is not welfare but a comprehensive insurance program that should actually solve for something, like simple poverty not nothing on a for-profit basis as right wingers would prefer.
Why should an insurance policy that covers temporary expenses associated with job loss attempt to solve poverty? That's not what it was designed for.
He sees the word "unemployment" in the name and assumes it covers him when he just doesn't want to work. And he won't deviate from it.
Individual liberty and natural rights, what is That sayeth the right wing in non-socialism threads.
Prove me wrong.
Individual liberty and natural rights already proved you wrong. You don't even understand the concepts only your right wing propaganda.

Individual liberty is enabled by equal protection of our at-will employment laws in any conflict of laws. UC codes cannot conflict with established federal doctrine or State Constitutions. Thus, employment is at the will of either party even for UC purposes.
You don't get it, your opinion doesn't count. Quote the actual law that establishes your right to collect UC when you don't qualify for it.
You get it even less. The actual law is equal protection of the laws. The State has no right to deny or disparage our privileges and immunities through unequal protection of the laws.
It is not doing so, as I have pointed out many times because the law applies to everyone equally. Just like with welfare, If you qualify, you can collect. If you don't, you can't. Tell you what, cite the court ruling that supports your assertion and the number of times people have successfully gotten compensated from UC even though they don't qualify for it. Don't wave around a vague, "Oh, it's because I imagine that the word 'Unemployment' in the title means I should get it because I don't want to hold a job".
States have no authority to make any laws impairing the obligation of contracts. In at-will employment States, Labor is contracted on an at-will basis for employment or EDD has to prove for-cause employment.
 
If I can do the kind of work other people do for highly profitable companies, then I shouldn't have to "beg" or "plead" for the kind of wages other people earn, and I should be allowed to posess fireams and other weapons, but I should not have to resort to violence and extortion, as the labor unions do. I am simply not a member of any of the monied classes or even the working class which is so privileged when Democrats are in office.
Solving simple poverty in our at-will employment States through equal protection of the laws would benefit women more than our current regime.
Blargle, pure blargle. You have no idea how that would work, you have no idea how much it would cost, and you have no idea how to pay for such a thing. You just repeat the same things over and over again.
We already have the legal and physical infrastructure in place. Around three trillion. General taxes would be preferred. "junk bonds" not junk laws!
 
If I can do the kind of work other people do for highly profitable companies, then I shouldn't have to "beg" or "plead" for the kind of wages other people earn, and I should be allowed to posess fireams and other weapons, but I should not have to resort to violence and extortion, as the labor unions do. I am simply not a member of any of the monied classes or even the working class which is so privileged when Democrats are in office.
Solving simple poverty in our at-will employment States through equal protection of the laws would benefit women more than our current regime.
Blargle, pure blargle. You have no idea how that would work, you have no idea how much it would cost, and you have no idea how to pay for such a thing. You just repeat the same things over and over again.
We already have the legal and physical infrastructure in place. Around three trillion. General taxes would be preferred. "junk bonds" not junk laws!
Can you even explain what you post? I don't think you can.
 
This is so UnAmerican I can't believe it is on the table. Welfare assistance, Social Security, yes. But, incentivizing people NOT to work or be entrepreneurial? What do these extreme liberals think made the United States what it is today? Opportunity. Why and how did that become such a negative?
 
The three main ingredients of a DP word salad:
1. At will employment
2. Equal protection of laws
3. Solve simple poverty

Mix incoherently with bits of lazy entitlement and virtue signaling for best results.
 
Can you even explain what you post? I don't think you can.
lol. Ad hominems are usually considered fallacy especially when you have no valid rebuttal that explains how you are right and I am wrong. Nothing but fallacy is all you prove, right wingers. Is it any wonder some on the left have absolutely no confidence in the sincerity of the Right Wing.
 
This is so UnAmerican I can't believe it is on the table. Welfare assistance, Social Security, yes. But, incentivizing people NOT to work or be entrepreneurial? What do these extreme liberals think made the United States what it is today? Opportunity. Why and how did that become such a negative?
The incompetent and lazy will always try to undermine the competent and industrious.
 
Can you even explain what you post? I don't think you can.
lol. Ad hominems are usually considered fallacy especially when you have no valid rebuttal that explains how you are right and I am wrong. Nothing but fallacy is all you prove, right wingers. Is it any wonder some on the left have absolutely no confidence in the sincerity of the Right Wing.
Rebuttal? I'm trying to understand the bullshit you're posting. Obviously, you don't have a clue either.
Duly noted
 
This is so UnAmerican I can't believe it is on the table. Welfare assistance, Social Security, yes. But, incentivizing people NOT to work or be entrepreneurial? What do these extreme liberals think made the United States what it is today? Opportunity. Why and how did that become such a negative?
lol. You are so far on the left you are Right Wing on this issue. It is about more efficient Government and solving for simple poverty instead of wasting money on a useless and alleged, War on Poverty.
 
This is so UnAmerican I can't believe it is on the table. Welfare assistance, Social Security, yes. But, incentivizing people NOT to work or be entrepreneurial? What do these extreme liberals think made the United States what it is today? Opportunity. Why and how did that become such a negative?
The incompetent and lazy will always try to undermine the competent and industrious.

That and some people are just bound and determined to fundamentally transform America.
 
This is so UnAmerican I can't believe it is on the table. Welfare assistance, Social Security, yes. But, incentivizing people NOT to work or be entrepreneurial? What do these extreme liberals think made the United States what it is today? Opportunity. Why and how did that become such a negative?
The incompetent and lazy will always try to undermine the competent and industrious.
Thanks for confirming my suspicions right wingers. Nothing but incompetent and lazy, fallacy and Hoax is all y'all have not any valid rebuttal to prove your sincerity.
 
Can you even explain what you post? I don't think you can.
lol. Ad hominems are usually considered fallacy especially when you have no valid rebuttal that explains how you are right and I am wrong. Nothing but fallacy is all you prove, right wingers. Is it any wonder some on the left have absolutely no confidence in the sincerity of the Right Wing.
Rebuttal? I'm trying to understand the bullshit you're posting. Obviously, you don't have a clue either.
Duly noted
Another ad hominem? Ask a question, don't just try to be a bigot and tell me your currently unsubstantiated opinion, Right Winger. It engenders absolutely no confidence in Your sincerity.
 
Thanks for confirming my suspicions right wingers. Nothing but incompetent and lazy, fallacy and Hoax is all y'all have not any valid rebuttal to prove your sincerity.
My bad, add a pinch of hoax and fallacy for extra flavor.

The three main ingredients of a DP word salad:
1. At will employment
2. Equal protection of laws
3. Solve simple poverty

Mix incoherently with bits of lazy entitlement and virtue signaling for best results.
 
This is so UnAmerican I can't believe it is on the table. Welfare assistance, Social Security, yes. But, incentivizing people NOT to work or be entrepreneurial? What do these extreme liberals think made the United States what it is today? Opportunity. Why and how did that become such a negative?
The incompetent and lazy will always try to undermine the competent and industrious.

That and some people are just bound and determined to fundamentally transform America.
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
 
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