[DeTomaso] ZERO PC - Maxim #1: People vote their pocket book! NPC

[Ken Green]

Guys,
 
    Just to add one hopefully neutral point, the profits in a business are from two sources:
 
1)  the money you make for your personal labor
 
2)  the return on your investment.
 
    Personally, I think the million plus a year compensation some corporate officers receive is totally unjustified, and a lot of people work just as hard and are just as smart, and make a fraction of that.  But if someone builds a business over many years and has a huge personal investment in it, I don't a problem with them benefiting from their investment.  You might work 20 years and not make much, and then do really well the last 10 years to build for retirement.
 
Ken

--- On Thu, 11/4/10, Rob Dumoulin <rob at dumoulins.net> wrote:


From: Rob Dumoulin <rob at dumoulins.net>
Subject: Re: [DeTomaso] ZERO PC - Maxim #1: People vote their pocket book! NPC
To: "Larry Finch" <fresnofinches at aol.com>
Cc: detomaso at realbig.com
Date: Thursday, November 4, 2010, 10:16 AM


Emotions at the door.

Wow Larry.  That sure was an anti-capitalistic view on corporations. It sure
sounds familiar.  As an owner of two small businesses and a business analyst
consultant for many very large corporations that all of you have done
business with, I have an opposing opinion. Based on your response, I'm
assuming you have never run a business. Sorry if that is an incorrect
assumption.

A common fallacy that "takers" or "have not" mentalities hold is that all
businesses should be taxed, especially ones that make lots of revenue (not
profit, which is a difference). Running a business and paying payroll
requires a business plan.  In that plan is how to make enough money to make
the venture survive or hopefully grow, and keep investors interested (others
or yourself if you own the business). Companies don't really pay taxes.
Introduce unions demands and taxes and in order to meet the business plan,
you have to raise your prices or cut your expenses. Cutting expenses
incorrectly has the opposite effect by reducing your ability to raise
revenue.  Raising costs in this way make US businesses not able to compete
globally.  Like it or not, Unions have killed education quality and the US
auto industry already.  Let the free market manage wages and let OSHA handle
the safety concerns.

I have often heard people cry out that companies should be taxed for moving
jobs overseas.  Remove the existing taxes and they would have little reason
to move jobs overseas.

About to rejoin my emotions at the door.

Rob

On Thu, Nov 4, 2010 at 11:33 AM, Larry Finch <fresnofinches at aol.com> wrote:

>
>
> Maxim #1: People vote their pocket book!
> ----------
>
> Not really true.
>
> People vote what they 'feel' is their pocket book.
>
> This feeling is easily manipulated by demonizing the one Special Interest
> that ultimately
> DOES (and historically always has) improve the bottom line for the workers
> ---- Unions.
>
> While at the same time martyrizing the diametrically opposed Special
> Interest that
> has arguably zero interest in improving the workers position if it
> interferes in any manner
> with the unbending goal of profit-at-any-cost ---- Corporations.
>
> The use of buzzwords such as higher taxes, government restrictions,
> government regulations, Union Bosses
> and other phrases solely designed to appeal to emotions have (sadly) been
> shown to be very effective in
> moving the Common Man (which is certainly most of us) to think (and vote)
> as if he is somehow
> protecting and improving his own position when in fact he is only
> benefiting the corporations.
>
> The in-your-face examples of how true this is are sadly hidden (by design)
> from most voters by the cloud of
> buzzword phrases heaped onto us with now nearly unlimited
> Corporation-funded advertising campaigns.
>
> NAFTA - Free (not Fair) Trade - outsourcing - downsizing - Pension Raiders
> - part-time employment with
> thus no benefits - privatizing -  Military Industrial Complex - tax
> loopholes - offshore registering of Corporations -
> S&L scandal - Wall Street Greed...........
>
> The evidence is obvious this all is designed to benefit Corporations,  and
> none of it ever "Trickles Down" to the Common Man.
>
> But the Common Man is easily swayed with slickly-packaged,
> demographically-tuned appeals to his emotions.
>
> And if this continues there will be no Common Man left to remember what the
> American Middle Class used to be.
>
> Larry
>
> P.S. - If you respond to this, try leaving your emotional, name-calling
> rants at the door. I did.  ;-)
>
>
>
>
>
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