Goldman CEO's $53.4M Bonus Breaks Record
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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
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Hmmm, somebody wants more...;P With love, Paul.
Jesus Christ is LOVE! Please tell somebody.
Well, i'm not saying i wouldn't use it if i had it... ;) (frankly though, i can't even begin to comprehend sums of that magnitude, many times over what i'll see in my entire lifetime. Wishing for such a thing would be like wishing for a unicorn. )
---- I just want you to be happy; That's my only little wish...
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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.
Paul Selormey wrote:
You have kids.
That too. No reckless stuff :)
Paul Selormey wrote:
I am off to work.
Have fun :)
Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon
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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
Christian Graus wrote:
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.
Yes, good point.
Christian Graus wrote:
society that does not give them this opportunity is going to pay the price in increased crime
This can happen when people get desperate that they are going to lose a decent livelihood.
Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon
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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
Christian Graus wrote:
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 ?
How can you lie to someone about how much food they need? It is up to that individual to adjust his cost of living to his income. You are donig people in that category no favors by crippling the economy they live in with impossible to define 'cost of living' concepts. If you pay people to be poor, that is precisely what they will be. If you don't, they will adjust their lifestyles accordingly.
A virtual fence for the virtual borders of a virtual nation.
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Christian Graus wrote:
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 ?
How can you lie to someone about how much food they need? It is up to that individual to adjust his cost of living to his income. You are donig people in that category no favors by crippling the economy they live in with impossible to define 'cost of living' concepts. If you pay people to be poor, that is precisely what they will be. If you don't, they will adjust their lifestyles accordingly.
A virtual fence for the virtual borders of a virtual nation.
Stan Shannon wrote:
How can you lie to someone about how much food they need?
I'm not sure, how can you ?
Stan Shannon wrote:
It is up to that individual to adjust his cost of living to his income
So, if you were to make, say, $8 an hour, and not have guarenteed work hours, averaging your income to, say, $200 a week, how would you propose to adjust your standard of living in order to get by ?
Stan Shannon wrote:
impossible to define 'cost of living' concepts.
The cost of the cheapest possible accomodation, plus the cost of the cheapest possible food, leaving an extra $20 a week towards things like power ( no phone, obviously ), transport ( public, obviously ) and clothing. Is that so confusing ?
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert
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Stan Shannon wrote:
How can you lie to someone about how much food they need?
I'm not sure, how can you ?
Stan Shannon wrote:
It is up to that individual to adjust his cost of living to his income
So, if you were to make, say, $8 an hour, and not have guarenteed work hours, averaging your income to, say, $200 a week, how would you propose to adjust your standard of living in order to get by ?
Stan Shannon wrote:
impossible to define 'cost of living' concepts.
The cost of the cheapest possible accomodation, plus the cost of the cheapest possible food, leaving an extra $20 a week towards things like power ( no phone, obviously ), transport ( public, obviously ) and clothing. Is that so confusing ?
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert
Christian Graus wrote:
Is that so confusing ?
In what city/town/village of what region of what country?
"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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Christian Graus wrote:
Is that so confusing ?
In what city/town/village of what region of what country?
"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
Food doesn't cost that much more in different areas. What country is a silly question, this is something that's dealt with on the 'country' level. The housing question levels itself out, if you can't afford to live somewhere, you move.
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert
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Food doesn't cost that much more in different areas. What country is a silly question, this is something that's dealt with on the 'country' level. The housing question levels itself out, if you can't afford to live somewhere, you move.
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert
1. Food and utilities vary greatly across the US. So does housing. A decent 2 bedroom apartment in my area runs $500 per month. In NYC it could cost 6x that or more. 2. These days it's politically incorrect to suggest that someone has to move. We must give them more money so they can stay where they please. 3. The 'country' comment was a lame attempt to appear international. Us Americans always get accused of being nationally myopic so I figured I'd give it a try. :-O
"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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Christian Graus wrote:
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 ?
How can you lie to someone about how much food they need? It is up to that individual to adjust his cost of living to his income. You are donig people in that category no favors by crippling the economy they live in with impossible to define 'cost of living' concepts. If you pay people to be poor, that is precisely what they will be. If you don't, they will adjust their lifestyles accordingly.
A virtual fence for the virtual borders of a virtual nation.
Something just occured to me. Your minimum wage applies to people of all ages ? That's stupid, if it's the case. Here, there are minimum wages based on age, up to 21 ( or something ). I can recall getting sizable pay increates from the age of 17 through to about 20, entirely based on my birthday. Obviously, any minimum wage should be for an adult, someone who is young enough to live at home would expect to do more basic work, and at a lower rate.
Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert