Goldman CEO's $53.4M Bonus Breaks Record
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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.
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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.
Think about it - i got something close to a $750 bonus this year. Naturally, that means Mr. Blankfein worked about seven hundred twelve thousand times harder than i did. And, i did nothing for poor people in the private sector, apart from cooking a few meals here and there. Assuming this country is chock full of people just as lazy as i am (or perhaps even lazier :omg: ), it should be a no-brainer that the very few industrious personages like Mr. Blankfien should be encouraged to continue being productive! :)
---- I just want you to be happy; That's my only little wish...
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Because it provides for a more efficient economy. More productivity, more jobs, more opportunity. Now, if we could just get rid of minimum wage and social welfare programs poverty could be eliminated entirely.
A virtual fence for the virtual borders of a virtual nation.
So, if some people are paid less than it costs to live, this will eliminate poverty ? You should run for president.
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert
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Think about it - i got something close to a $750 bonus this year. Naturally, that means Mr. Blankfein worked about seven hundred twelve thousand times harder than i did. And, i did nothing for poor people in the private sector, apart from cooking a few meals here and there. Assuming this country is chock full of people just as lazy as i am (or perhaps even lazier :omg: ), it should be a no-brainer that the very few industrious personages like Mr. Blankfien should be encouraged to continue being productive! :)
---- I just want you to be happy; That's my only little wish...
Hmmm, somebody wants more...;P With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
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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
I've never seen any community devastated by capitalism. (Beyond environmental damage which, certainly, the businesses in question should be fiscally accountable for). To require or expect someone to invest in the local economy when there is little probability of seeing a profit on that investment is certainly not using capital wisely. The main reason so many Mexicans are coming here to find work is directly because this is where most of the investments are being made. I wish more rich people would invest in Mexico so more of those pathetic assholes would stay home. Mexico is not investment friendly.
A virtual fence for the virtual borders of a virtual nation.
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So, if some people are paid less than it costs to live, this will eliminate poverty ? You should run for president.
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert
Christian Graus wrote:
if some people are paid less than it costs to live, this will eliminate poverty ?
No. But allowing people to figure out for themselves what it costs to live certainly will.
A virtual fence for the virtual borders of a virtual nation.
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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.
Paul Selormey wrote:
I just cannot see myself wanting one.
Only things stopping me is price of gas and insurance. I'd prefer to keep my driver's license in good standing with the state of California :-D
Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon
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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
Yeah, I often think that in a forum like this one, it's easy to lose sight of the fact that not everyone has what it takes to be highly employable, or to do any form of skilled labour. On the other end of the scale, people often seem to forget that these people also need to eat, and a society that does not give them this opportunity is going to pay the price in increased crime.
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert
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Christian Graus wrote:
if some people are paid less than it costs to live, this will eliminate poverty ?
No. But allowing people to figure out for themselves what it costs to live certainly will.
A virtual fence for the virtual borders of a virtual nation.
Ah... the problem is not the gap between income and costs, it's that these people are being lied to about how much food they need to survive ?
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert
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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
Zac Howland wrote:
Not to sound cold
You didn't sound cold :)
Zac Howland wrote:
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
I agree. I have a neighbor who likes to mooch off the system and it pisses me off.
Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon
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Paul Selormey wrote:
I just cannot see myself wanting one.
Only things stopping me is price of gas and insurance. I'd prefer to keep my driver's license in good standing with the state of California :-D
Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon
PaulC1972 wrote:
I'd prefer to keep my driver's license in good standing with the state of California
You have kids. Have a nice day/night - I am off to work. With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
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So, if some people are paid less than it costs to live, this will eliminate poverty ? You should run for president.
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert
Christian Graus wrote:
So, if some people are paid less than it costs to live, this will eliminate poverty ?
It just doesn't compute :rolleyes:
Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon