Goldman CEO's $53.4M Bonus Breaks Record
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Stan Shannon wrote:
we could just get rid of minimum wage
Or at least increase it to a realistic rate...
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
A realistic rate for some teenager looking to make a few extra bucks is what ever the employer says it is. A realistic rate for some 'family' that won't stop reproducing is effectively infinite and is nothing more than an overly complex welfare program.
A virtual fence for the virtual borders of a virtual nation.
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Joergen Sigvardsson wrote:
That's assuming that he puts a substantial part of his money back into the local economy
No, thats assuming that he doesn't eat it or use it as fuel for his stove, or hide it under his mattress. The probability of him investing it in a productive, profitable way greatly exceeds that of some government agency doing the same thing with it. If that means investments in Mexico than thats what it means. His investimetns generate more wealth both for himself (which he reinvests) and for the people who find work as a consequence of those investments.
A virtual fence for the virtual borders of a virtual nation.
Stan Shannon wrote:
His investimetns generate more wealth both for himself (which he reinvests) and for the people who find work as a consequence of those investments.
I see your point :)
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
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A realistic rate for some teenager looking to make a few extra bucks is what ever the employer says it is. A realistic rate for some 'family' that won't stop reproducing is effectively infinite and is nothing more than an overly complex welfare program.
A virtual fence for the virtual borders of a virtual nation.
Not sure where you live, but $8.25/hr is not going to make the grade in California :rolleyes:
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
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Because he will by onehudred ferraris and two dozen pools which need regular cleaning and this creates jobs and infrastructure and all people will learn that they just need to want to work to make a decent living in a big US american house (not those small huts they have in Commieland) and the Eyerack will see that democracy is the only right choice and finally Europe will admit that they are commie loosers up and the world will live in a free market and it is like Christmas and Hanuuka and Generic Holidays on one day! Or maybe the money will be spent in a way that ensures the poor remain poor.
Developers, Developers, Developers, Developers, Developers, Developers, Velopers, Develprs, Developers!
We are a big screwed up dysfunctional psychotic happy family - some more screwed up, others more happy, but everybody's psychotic joint venture definition of CP
Linkify!|Fold With Us!peterchen wrote:
Or maybe the money will be spent in a way that ensures the poor remain poor.
Only government has a vested interest in doing that.
A virtual fence for the virtual borders of a virtual nation.
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Bassam Abdul-Baki wrote:
Me want.
Same here.
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
PaulC1972 wrote:
Same here.
Not sure I can handle that. I have never handled $0.5M yet. Let me see my list of how I could possibly spend it
- At least two nice church buildings here in Japan.
- Two buildings for myself (add family, please!)
- Wife
- Cars, Cars, Cars, Cars....H3, Latest Benz, Latest BMW (for my wife)...too old for sport cars!
- Multimedia room with super-graphics/powerful notebooks/workstations running XP/Vista/MacOX
- A first-class seat to Holland - never used first-class!
- Now, how much did I spend so far?
With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
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PaulC1972 wrote:
Same here.
Not sure I can handle that. I have never handled $0.5M yet. Let me see my list of how I could possibly spend it
- At least two nice church buildings here in Japan.
- Two buildings for myself (add family, please!)
- Wife
- Cars, Cars, Cars, Cars....H3, Latest Benz, Latest BMW (for my wife)...too old for sport cars!
- Multimedia room with super-graphics/powerful notebooks/workstations running XP/Vista/MacOX
- A first-class seat to Holland - never used first-class!
- Now, how much did I spend so far?
With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
Paul Selormey wrote:
Not sure I can handle that.
I'd just pay off the house, cars, student loans, and a few other bills. Sock the rest of the money away for my kids when they go to college. --- modified Oh, and toss a good chunk of change to Chris so Code Project can run smoothly for a long time :-D
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
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Not sure where you live, but $8.25/hr is not going to make the grade in California :rolleyes:
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
PaulC1972 wrote:
but $8.25/hr is not going to make the grade in California
For who? Most 'minimum wage' jobs are taken by teenagers living at home with their parents. They don't need a 'living wage'. It simply forces employers to pay more for labor than the labor itself is worth to them. Hence, they will increase the cost of whatever it is they produce, or they will hire fewer people.
A virtual fence for the virtual borders of a virtual nation.
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PaulC1972 wrote:
Same here.
Not sure I can handle that. I have never handled $0.5M yet. Let me see my list of how I could possibly spend it
- At least two nice church buildings here in Japan.
- Two buildings for myself (add family, please!)
- Wife
- Cars, Cars, Cars, Cars....H3, Latest Benz, Latest BMW (for my wife)...too old for sport cars!
- Multimedia room with super-graphics/powerful notebooks/workstations running XP/Vista/MacOX
- A first-class seat to Holland - never used first-class!
- Now, how much did I spend so far?
With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
Paul Selormey wrote:
too old for sport cars
Or not old enough!
A virtual fence for the virtual borders of a virtual nation.
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PaulC1972 wrote:
but $8.25/hr is not going to make the grade in California
For who? Most 'minimum wage' jobs are taken by teenagers living at home with their parents. They don't need a 'living wage'. It simply forces employers to pay more for labor than the labor itself is worth to them. Hence, they will increase the cost of whatever it is they produce, or they will hire fewer people.
A virtual fence for the virtual borders of a virtual nation.
Stan Shannon wrote:
Most 'minimum wage' jobs are taken by teenagers living at home with their parents.
Not necessarily true. When I worked at Target about 13 years ago, when beginning college, the majority of people working there were 30-40-50 year olds holding down several minimum wage jobs just to make ends meet.
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
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Paul Selormey wrote:
Not sure I can handle that.
I'd just pay off the house, cars, student loans, and a few other bills. Sock the rest of the money away for my kids when they go to college. --- modified Oh, and toss a good chunk of change to Chris so Code Project can run smoothly for a long time :-D
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
Ah! I see. I do not like loans. I currently use a second-hand honda civic car I bought with cash. I wish to drive the latest Nissan Skyline, though :(( Anyway, it is good you have great plans for your kids. God bless you. With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
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Ah! I see. I do not like loans. I currently use a second-hand honda civic car I bought with cash. I wish to drive the latest Nissan Skyline, though :(( Anyway, it is good you have great plans for your kids. God bless you. With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
Paul Selormey wrote:
Anyway, it is good you have great plans for your kids. God bless you.
Thanks. I'd hate to see my kids run up a big student loan bill like myself.
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
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Paul Selormey wrote:
too old for sport cars
Or not old enough!
A virtual fence for the virtual borders of a virtual nation.
:laugh::laugh::laugh: OK, let me wait a little bit. May be something will change! With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
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Paul Selormey wrote:
too old for sport cars
Or not old enough!
A virtual fence for the virtual borders of a virtual nation.
Stan Shannon wrote:
Paul Selormey wrote: too old for sport cars Or not old enough!
One is never too old for a sport car.
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
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Stan Shannon wrote:
Lets hope not. That money will ultimately help far more poor people left in the private sector than it would if given to the government.
How will less tax help "poor people left in the private sector"? With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
Paul Selormey wrote:
How will less tax help "poor people left in the private sector"?
Ummm... 1) the money (not the poor people) is left in the private sector ;P 2) Seriously, in one form or another money left in the private sector is always used to re-invest in business. More supplies, equipment and services are needed for the reinvestment and jobs are created. Poor people become self sufficient and their standard of living rises. 3) Money collected in taxes is watered down as it travels through government red-tape and corruption. Any money given to the poor is deemed charity and creates or sustains dependency.
"I think computer viruses should count as life. I think it says something about human nature that the only form of life we have created so far is purely destructive. We've created life in our own image." - Stephen Hawking
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Joergen Sigvardsson wrote:
That's assuming that he puts a substantial part of his money back into the local economy
No, thats assuming that he doesn't eat it or use it as fuel for his stove, or hide it under his mattress. The probability of him investing it in a productive, profitable way greatly exceeds that of some government agency doing the same thing with it. If that means investments in Mexico than thats what it means. His investimetns generate more wealth both for himself (which he reinvests) and for the people who find work as a consequence of those investments.
A virtual fence for the virtual borders of a virtual nation.
Still, if he doesn't invest his money in the US, he'll be less effective than the government with regards to stimulating the local economy. I don't see how any new jobs are created (or maintained) by moving the money out of the local (or national) economy. At least not where the money is earned. If used wisely, then capitalism is a very good way of maintaining and boosting the economy. If used badly, it's as devastating as communism.
-- Not a substitute for human interaction
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Stan Shannon wrote:
Paul Selormey wrote: too old for sport cars Or not old enough!
One is never too old for a sport car.
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
PaulC1972 wrote:
One is never too old for a sport car.
May be just too shy for sport cars. I do not know why, I just cannot see myself wanting one. :-D With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
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Stan Shannon wrote:
Most 'minimum wage' jobs are taken by teenagers living at home with their parents.
Not necessarily true. When I worked at Target about 13 years ago, when beginning college, the majority of people working there were 30-40-50 year olds holding down several minimum wage jobs just to make ends meet.
If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa
PaulC1972 wrote:
Not necessarily true. When I worked at Target about 13 years ago, when beginning college, the majority of people working there were 30-40-50 year olds holding down several minimum wage jobs just to make ends meet.
Not to sound cold, but it isn't the government's job to be the safety net for people who either can't, or refuse to pay their dues when they are younger (e.g. get an education or obtain basic skills to help them get and keep a steady job). I use to work at Food Lion as a CSM (first couple years of college). I had a few people that worked for me that were doing it as a career (most of the employees were either teenagers/college students or people with full time jobs doing it for extra cash). The ones using it as a career were those that dropped out of school, partied through their 20's, and wondered why they weren't making any money in their 30's. The minimum wage was never designed to give the entire population a baseline off of which they could live (and it will never accomplish that either -- basic economics will tell you that). It was designed to keep companies from exploiting workers by paying them pennies a day and charging a fortune for the products they produce. In many ways, it is both antiquated and unneccessary in today's society.
If you decide to become a software engineer, you are signing up to have a 1/2" piece of silicon tell you exactly how stupid you really are for 8 hours a day, 5 days a week Zac
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Paul Selormey wrote:
How will less tax help "poor people left in the private sector"?
Ummm... 1) the money (not the poor people) is left in the private sector ;P 2) Seriously, in one form or another money left in the private sector is always used to re-invest in business. More supplies, equipment and services are needed for the reinvestment and jobs are created. Poor people become self sufficient and their standard of living rises. 3) Money collected in taxes is watered down as it travels through government red-tape and corruption. Any money given to the poor is deemed charity and creates or sustains dependency.
"I think computer viruses should count as life. I think it says something about human nature that the only form of life we have created so far is purely destructive. We've created life in our own image." - Stephen Hawking
Clear thoughts, I like it. With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
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Obviously they are making way too much money managing our money. Marc
People are just notoriously impossible. --DavidCrow
There's NO excuse for not commenting your code. -- John Simmons / outlaw programmer
People who say that they will refactor their code later to make it "good" don't understand refactoring, nor the art and craft of programming. -- Josh Smith -
Obviously they are making way too much money managing our money. Marc
People are just notoriously impossible. --DavidCrow
There's NO excuse for not commenting your code. -- John Simmons / outlaw programmer
People who say that they will refactor their code later to make it "good" don't understand refactoring, nor the art and craft of programming. -- Josh SmithMarc Clifton wrote:
Obviously they are making way too much money managing our money.
Yours is negotiated at the interview ;P With love, Paul.
Jesus Christ is LOVE! Please tell somebody.