Why should Mitt have to show his tax returns?


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Profile celttooth
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Message 1261720 - Posted: 18 Jul 2012, 7:48:41 UTC

It would be a good bet that a lot of Americans will grab at any straw to get a reason to vote for Mr. Romney. After combing through the right wing parts of the Web, plus listing to Rush Limbaugh and other right wing commentators. It looks to me like there are a good number of your citizens who will find any excuse to replace Mr. O’Bama in the white house in the November elections.
I have pointed out in the past that a good number of voters are willing to go to any extreme to see to it that this will be a one term presidency. It seems that Mr. Romney is still raising money in huge amounts, and the press does not seem to be causing any sort of stink or demands that this issue is put to rest.
From this part of the world it looks like there is in fact no concern for companies that outsource jobs; or any distain for how many families are broken up and destroyed all in the name of good old honest American capitalism.

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Message 1261801 - Posted: 18 Jul 2012, 13:01:17 UTC

Well it is not that simple. NAFTA was passed by idiots on both sides of the isle. Thats when the sucking sound of jobs started being really out sourced.
Then you have CEO's and major stockholders who only think of how can I make my profits bigger. Id like to ask those greedy b#%&#*&s Who do they think will be able to buy the products when everyone is in a service job. Unless you are up the ladder in a service job you cant afford crap. How many folks do you know that work at Macdonalds and drive a new car? Or can buy that 54 inch TV.

Im not against profits. Investors take a risk and should be compensated. But from what Ive seen its pure greed.

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Profile Gary Charpentier
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Message 1261827 - Posted: 18 Jul 2012, 13:55:13 UTC - in response to Message 1261801.

Then you have CEO's and major stockholders who only think of how can I make my profits bigger.

A corporation is nothing but a fiduciary duty to the shareholders. By law the corporation must do everything it can to maximize return.



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Message 1261832 - Posted: 18 Jul 2012, 14:10:09 UTC - in response to Message 1261827.
Last modified: 18 Jul 2012, 14:12:23 UTC

Then you have CEO's and major stockholders who only think of how can I make my profits bigger.

A corporation is nothing but a fiduciary duty to the shareholders. By law the corporation must do everything it can to maximize return.

(for starters let's not forget how many corporations are only looking out for ONE shareholder....)


Perhaps we need a few more laws to encourage more fiduciary duty towards employees and jobs?


As James put so simply, once they've removed all the money and put in in their pockets, who's going to have jobs/money to keep their train going?
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Profile James Sotherden
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Message 1261840 - Posted: 18 Jul 2012, 14:31:12 UTC - in response to Message 1261827.

Then you have CEO's and major stockholders who only think of how can I make my profits bigger.

A corporation is nothing but a fiduciary duty to the shareholders. By law the corporation must do everything it can to maximize return.



And what a crock that is. Pray tell the Bozos who voted that into law.And what year?

To many companies shared the wealth only among the top dogs. And how about doing some R@D so you can keep making new products or better products to stay ahead of the competition.

And another thing in my book if a CEO off shores work for profit he should take a pay cut also.

The American worker can out produce anyone. All he wants his fair share for busting his but to do it.
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Message 1261844 - Posted: 18 Jul 2012, 14:43:34 UTC
Last modified: 18 Jul 2012, 14:47:47 UTC

+1 ^

I'd do 60 hours a week, every week, if I could. Unfortunately with this economy my average week is roughly 32-36 hours, and in a month or two I'll go from 60hrs back to thirty-something. Perhaps some incentive to keep money here would give me and others some more much needed overtime, and in return that's more money in our pocket to add to everyones profits.
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Message 1261852 - Posted: 18 Jul 2012, 15:31:14 UTC

The American worker can out produce anyone. All he wants his fair share for busting his but to do it.


Walk into a Manufacturing Plant in China and Walk into an American Manufacturing Plant. Then repeat the above statement. You won't. And if you are an American CEO, you shake your head and start plans for moving the work overseas.

Fair Share. I love it when a bloated, sickly looking, American Worker says such a thing. Watch any Group of Americans going in or out of the Gates, and watch a Group of Chinese going in and out of the Gates, and tell me The Fitter Of The Two, and the Ones more likely to Bust Butt.

The Great American Worker. Sorry, they have been Superceded.

Evolution.

WillNotMatterTheDayOfTheFlamesFourthAngel
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Profile James Sotherden
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Message 1261856 - Posted: 18 Jul 2012, 15:48:42 UTC - in response to Message 1261852.

The American worker can out produce anyone. All he wants his fair share for busting his but to do it.


Walk into a Manufacturing Plant in China and Walk into an American Manufacturing Plant. Then repeat the above statement. You won't. And if you are an American CEO, you shake your head and start plans for moving the work overseas.

Fair Share. I love it when a bloated, sickly looking, American Worker says such a thing. Watch any Group of Americans going in or out of the Gates, and watch a Group of Chinese going in and out of the Gates, and tell me The Fitter Of The Two, and the Ones more likely to Bust Butt.

The Great American Worker. Sorry, they have been Superceded.

Evolution.

WillNotMatterTheDayOfTheFlamesFourthAngel

Your full of hot air Unforthright angel. I do work in a factory. And we work are asses off. Manangement tried China , But when they got over a million bad parts and the shipping costs were sky high. They decided it was a lot cheaper to make it in house. One of the reasons why I worked 6 days a week for 7 months.
And No we are not a union shop.

And another thing stop pretending you know about most American workers, As you most cleary dont uninformedangel.
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Message 1261857 - Posted: 18 Jul 2012, 15:48:58 UTC

Sometimes when Dull makes his statements I picture him throwing kittens into a wood chipper.
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Profile Gary Charpentier
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Message 1261873 - Posted: 18 Jul 2012, 16:19:51 UTC - in response to Message 1261832.

Perhaps we need a few more laws to encourage more fiduciary duty towards employees and jobs?

Absolutely. And a duty to country.

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Profile Gary Charpentier
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Message 1261874 - Posted: 18 Jul 2012, 16:22:34 UTC - in response to Message 1261840.

And what a crock that is. Pray tell the Bozos who voted that into law.And what year?

Trust law. Look it up. Been that way for well over a century.

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Message 1261885 - Posted: 18 Jul 2012, 16:40:46 UTC - in response to Message 1261874.

And what a crock that is. Pray tell the Bozos who voted that into law.And what year?

Trust law. Look it up. Been that way for well over a century.


O yeah the robber barons, Figures. These are the same guys who payed you a dollar a day if you were lucky to risk your life and limbs, Literaly! So they could get filthy rich. Get hurt on the job or die to bad for you.

So Gary, If a company is profitable here in the states you are saying by law its ok to off shore the jobs just so the shareholders can get a maximum profit?

And as to China, They have an emerging middle class that is waking up to the fact that they to are being used by the fat cats.

So whats the next 3rd world country that can be exploited for cheap labor?
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Message 1261891 - Posted: 18 Jul 2012, 16:52:56 UTC

Your full of hot air Unforthright angel.


And another thing stop pretending you know about most American workers, As you most cleary dont uninformedangel.


Look at 100 Chinese Naked Butts and look at 100 American Naked Butts and tell me which ones are smaller.

Now, Allometrically Speaking, The Chinee Butt may be bigger. But, just looking, The Chinee Butt looks like it has been working harder.

OnceUniformedNowUninformedUnForthRightFourthAngel
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Message 1261894 - Posted: 18 Jul 2012, 16:58:48 UTC - in response to Message 1261891.

Your full of hot air Unforthright angel.


And another thing stop pretending you know about most American workers, As you most cleary dont uninformedangel.


Look at 100 Chinese Naked Butts and look at 100 American Naked Butts and tell me which ones are smaller.

Now, Allometrically Speaking, The Chinee Butt may be bigger. But, just looking, The Chinee Butt looks like it has been working harder.

OnceUniformedNowUninformedUnForthRightFourthAngel


LOL, BUTT, in 100 years there butts will be as big as ours.
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Message 1261895 - Posted: 18 Jul 2012, 17:02:40 UTC - in response to Message 1261720.

The linked article, below, looks at the question of Mr. Romney's tax-paying history from a somewhat different angle. I found it interesting. http://www.cnn.com/2012/07/18/opinion/kleinbard-canellos-romney-tax/index.html?htp=hp_c1

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Message 1261898 - Posted: 18 Jul 2012, 17:07:44 UTC - in response to Message 1261827.

Then you have CEO's and major stockholders who only think of how can I make my profits bigger.

A corporation is nothing but a fiduciary duty to the shareholders. By law the corporation must do everything it can to maximize return.



Gary, a corporation is an entity created by a government (state) issued charter. The corporation receives several benefits including limited liability for it's owners, (the shareholders) and the ability to amass capital. These privileges are granted in exchange for what?
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Message 1261954 - Posted: 18 Jul 2012, 19:44:31 UTC - in response to Message 1261885.

So Gary, If a company is profitable here in the states you are saying by law its ok to off shore the jobs just so the shareholders can get a maximum profit?

If the total cost of producing it offshore is less, not only is it okay, the fiduciary duty requires it.

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Profile Gary Charpentier
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Message 1261955 - Posted: 18 Jul 2012, 19:52:12 UTC - in response to Message 1261898.

Then you have CEO's and major stockholders who only think of how can I make my profits bigger.

A corporation is nothing but a fiduciary duty to the shareholders. By law the corporation must do everything it can to maximize return.



Gary, a corporation is an entity created by a government (state) issued charter. The corporation receives several benefits including limited liability for it's owners, (the shareholders) and the ability to amass capital. These privileges are granted in exchange for what?

In common law it was a favor the King granted, a limited sovereign right. Might have been to appease an enemy or cement a friendship. Today, it is done for the payment of a modest fee.

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Message 1261958 - Posted: 18 Jul 2012, 19:59:46 UTC - in response to Message 1261955.

Gary, privilege for a token, seems like a fair deal for all.
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Message 1262028 - Posted: 18 Jul 2012, 23:02:59 UTC - in response to Message 1261958.

Gary, privilege for a token, seems like a fair deal for all.

Precisely. I suppose the King might expect some tax revenue, but he is a fool if he does.

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Message boards : Politics : Why should Mitt have to show his tax returns?

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