Posts by Rush

1) Message boards : Politics : GE 0% tax on multi billion profit (Message 1101453)
Posted 28 Apr 2011 by Profile Rush
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don't forget the automated machines have about as many people working on them as would have been doing what the machines now do. Its called maintenance. No the machine can't work 24 because they'd breakdown and there'd be real problems on the line.

That's nuts. No company spends million and millions on robots to keep their human labor costs as well. They buy robots and use automated assembly lines because they are substantially cheaper than unionized workers.
2) Message boards : Politics : GE 0% tax on multi billion profit (Message 1101451)
Posted 28 Apr 2011 by Profile Rush
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Until there is a power cut. Humans can still use a hammer and a screwdriver, but they'd probably want time and a half for working in the dark.... And in any case machines still need humans to program them and re-progam them, and machine minders to look after them.

Of course. But the numbers are far less.

Behind the scenes deals are done every day between companies and the IRS. We'll register in Bermuda unless you give us a deal.

Gotta luv the gov't.
3) Message boards : Politics : Ayn Rand was nuts (Message 1101449)
Posted 28 Apr 2011 by Profile Rush
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Good Lord above - RUSH !!! Where the devil have you been young man?

Hey Chris!

"Well, it's not the speed so much, I just wish I hadn't drank all that cough syrup this morning..." --John Winger
4) Message boards : Politics : GE 0% tax on multi billion profit (Message 1101086)
Posted 27 Apr 2011 by Profile Rush
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when the jobs are moved to india, it makes a difference where the jobs are.

So you ARE mad that the cheese corporations outsourced all their jobs to Wisconsin? And you're angry that Toyota outsourced 250K jobs from Japan to the US? And you're angry that the eeeevil fruit companies moved all their jobs to Florida?

The corporations love games of move centers around (even within the USA) to shake longer term employees and therefore benefits loose. With many dual income families struggling, people get hurt so corporations can save pennies.

Duh. Of course they do. Why do the auto manufacturers use robots than can cost millions? Because they don't whine. They work 24 hours a day. They don't take vacations. They don't need benefits. They don't form unions. And on and on and on and on. Even with a cost of MILLIONS and MILLIONS they are substantially cheaper than humans.

They don't save pennies, they save enormous amounts of money because the machines are that much cheaper than people.

Giving additional tax breaks further aggravates the situation.

Again, it doesn't matter, the taxes are paid directly by the consumer.

Tax it where they sell it.

Sorry, those arbitrary lines on a map do mean something when it comes to taxes. Countries have no power to tax like that.
5) Message boards : Politics : Ayn Rand was nuts (Message 1101060)
Posted 27 Apr 2011 by Profile Rush
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Well, sort of, if the following:

"[fictional character Renahan modelled on real world Hickman] is born with a wonderful, free, light consciousness -- [resulting from] the absolute lack of social instinct or herd feeling. He does not understand, because he has no organ for understanding, the necessity, meaning, or importance of other people ... Other people do not exist for him and he does not understand why they should." (Journals, pp. 27, 21-22; emphasis hers.)

does accurately sum up her opinion of William Edward Hickman, then I don't think a likening to Thomas Harris is appropriate (unless he has made similarly admiring statements about a real world sociopath). Nor do I think it's without any real relevance, for it possibly talks to the kind of individualism she found admirable, which appears from the above to be a complete lack of understanding of the importance of others.

What she also said is "[My hero is] very far from him, of course. The outside of Hickman, but not the inside. Much deeper and much more. A Hickman with a purpose. And without the degeneracy. It is more exact to say that the model is not Hickman, but what Hickman suggested to me." As you noted, she was working on a character for a book.

I have no idea what Thomas Harris did to create his character--but you can almost certainly guarantee that Lecter is an amalgam of serial killers. Harris just made him smarter and worse than all the rest put together. Made him charismatic and acceptable. That suggest similar feelings in Harris, though I don't know, his private journals haven't been made public.

But once again, we are discussing the person, and not the ideas. Her number one maxim was that one does NOT have the right to initiate force against others. That, by definition, would include serial killers.
6) Message boards : Politics : Ayn Rand was nuts (Message 1101059)
Posted 27 Apr 2011 by Profile Rush
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People who have never developed past that stage of infancy, where everything is about themselves, are the only followers of this woman.

Why, 'cuz you sez so? How do you know that? You haven't read anything she has written.

Her writings put the meat on the bones of a lifestyle that is shallow, self concerned and ignorant of the commons. Anyone attempting to live this way at any time in human history, other than the present, would have been banished from the community. Contribute to the society you are a part of or be gone. There is no room for the frivolous.

Heh. I think she did contribute, enormously. Millions of people have enjoyed her works, she paid ungodly amounts of taxes. Those are two huge contributions to society.

The foolishness of thinking one can survive as an island shows an absolute break with reality. I'm sure that over the course of time, there have been many who went off to attempt to fulfill this desire but they seem to have not passed on their genes. That means they died alone in the wilderness.

How would you know? Besides, she didn't believe, nor does even a cursory reading of her works suggest, that anyone should live as an island. One of her main protagonists runs a railroad--and Dagny completely understands that she needs steel to do that. As did Rand.

Rand wasn't a prophet or a philosopher. She was a selfish, shallow and foolish woman with poor judgment when it came to the realities of life.
The only reason her works survive is the need of the super self concerned to have external justifications for their own greed and lack of personal development.

She was just a woman with a philosophy that follows simply economics and human nature--and if you didn't like it, she couldn't have cared less.

Her works survive because they mean a lot of different things to a lot of different people--your opinion about their personal development is meaningless because you have no way of knowing anything about their personal development.
7) Message boards : Politics : GE 0% tax on multi billion profit (Message 1101051)
Posted 27 Apr 2011 by Profile Rush
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" Try a new line. That one does not fit. Experience, I have seen it happen.
Corporation gets a bigger break, corporation loads up the employees harder, moves more offshore. Lose/lose proposition.

Meh. That's silly.

Ever wonder why you don't buy your oranges from the orange tree growers in Chicago?

Besides the fact the orange trees suffer too much frost damage to grow commercially in chicago?

Right. Exactly. The point is that there are REASONS people do these things. The people in Chicago don't crab because the cheese companies have exported/outsourced all the cheese jobs to Wisconsin because making cheese in Chicago would use ungodly amounts of resources and would therefore be very expensive.

Similarly, you could grow orange trees at the corner of Michigan and Superior, but the land would be outrageous, the greenhouse would be ungodly expensive, the property tax would blow your mind--all for some oranges that cost $80 each.

The point is that arbitrary lines on a map have no bearing. Florida and California produce oranges because they have huge amounts of cheap land and weather. Chicago and London do not produce them because they would be too expensive because they would use too many resources.

As long as you can trade, it doesn't matter where things are produced. What you want is better products made in the most efficient way possible--worrying about arbitrary lines on a map doesn't make any sense.
8) Message boards : Politics : Ayn Rand was nuts (Message 1100267)
Posted 24 Apr 2011 by Profile Rush
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...

She wouldn't agree with any of it because she believed that there should be no such thing as gov't fiscal policy.

Exactly.

"Exactly," what?

You said "And yet so much of current American fiscal policy is derived from her work."

If she thought there should be no such thing as gov't fiscal policy, none whatsoever, how could said fiscal policy be derived from her work?
9) Message boards : Politics : Ayn Rand was nuts (Message 1100265)
Posted 24 Apr 2011 by Profile Rush
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Knowing that she thought of the masses as lice and parasites is enough for me to form an opinion.

Actually, since you haven't read anything she wrote, all you can really do is form an opinion about other people's opinion of her.

More accurately, she thought of lice and parasites as lice and parasites. Which, I think, is what most rational people do.

You can cling to your illusions of hightened levels of awareness if you wish, this woman was a complete whack-job and only spoke for those who's sense of entitlement is out of proportion with their contribution to society.

Nope, she wasn't, she was just an author and philosopher. She liked to engage in polemic. There are plenty of serial killers in fiction, Hannibal Lecter comes instantly to mind. Does that mean Thomas Harris is a whack-job? What about the millions that love Hannibal Lecter and root for him?

Not, of course, that any of that matters, they're just ad hominem attacks without any real relevance.
10) Message boards : Politics : Ayn Rand was nuts (Message 1100154)
Posted 24 Apr 2011 by Profile Rush
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This woman's name has come up in here before as a shining light for the rightists.
I have not read her junk, nor am I inclined to ever do so.

Heh. You've never read it, eh? Ever wonder if that adds to your credibility on the topic, or detracts from it?

'Nuff said.
11) Message boards : Politics : Ayn Rand was nuts (Message 1100153)
Posted 24 Apr 2011 by Profile Rush
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And yet so much of current American fiscal policy is derived from her work. Scary huh?

Meh. That's silly. None of the American gov't's fiscal policy is derived from her work. Not one bit of it. She would have denounced it all. She wouldn't even agree that there should be any "policy" at all.

She wouldn't agree with any of it because she believed that there should be no such thing as gov't fiscal policy.
12) Message boards : Politics : GE 0% tax on multi billion profit (Message 1100152)
Posted 24 Apr 2011 by Profile Rush
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Successful corporations are paying no taxes. The executives are paying very little.

They never pay any taxes anyway. If you tax them a billion dollars, they add that billion directly to the cost of their product. Tax paid by corporation: zero. Tax paid by their consumers: one billion.

That hurts those that can afford it the least, the most.

As far as the executives, well, that's just the tax law; blame the gov't. And actually, they pay an enormous amount of taxes--just not a very high percentage.

"Why, 'cuz you sez so?

" Try a new line. That one does not fit. Experience, I have seen it happen.
Corporation gets a bigger break, corporation loads up the employees harder, moves more offshore. Lose/lose proposition.

Meh. That's silly.

Ever wonder why you don't buy your oranges from the orange tree growers in Chicago?
13) Message boards : Politics : GE 0% tax on multi billion profit (Message 1095875)
Posted 10 Apr 2011 by Profile Rush
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As I said, tax all the money coming in and out of the country.

And who, precisely, do you think will pay every dime of those taxes?
14) Message boards : Politics : GE 0% tax on multi billion profit (Message 1095874)
Posted 10 Apr 2011 by Profile Rush
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extinct major corporations make room for smaller more agile business to fill in where they have failed.

Exactly. However failed and failing corporations pay very little tax. Whatever they do pay is passed directly onto the consumer.

Excess profits that are merely offshored (yes money can be taxed before it leaves these shores, or comes in, and should be) simply speed the death of ANY income.

I have no idea what this means.

There is no trickle down. It is a lie.

Why, 'cuz you sez so?
15) Message boards : Politics : GE 0% tax on multi billion profit (Message 1095871)
Posted 10 Apr 2011 by Profile Rush
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Welcome back, Rush!


Good to see you, Pete!
16) Message boards : Politics : GE 0% tax on multi billion profit (Message 1095870)
Posted 10 Apr 2011 by Profile Rush
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So what you are saying is that G.E. have passed these tax cuts onto the American people.

No, I'm saying that every single dime of every single tax, duty, tariff, whatever is passed directly onto the consumer just like the cost of the raw materials, labor, capital improvements, et cetera.

So those millions of dollars they have sitting in offshore bank accounts doing nothing aren't there? They've been used to cut prices?

No, that's not what I'm saying. Unlike taxes and costs that are passed directly to the consumer by way of price, profits are used for a number of things, They pay back investors, they pay for research and development, they are used as operating capital, for capital improvements, et cetera.

Also, and very importantly, they are used in a constant struggle against competitors to raise quality and lower price, thus keeping the company viable, and making products cheaper for those who can afford them the least.

So you are saying that the price of Oil and Gas has gone down because of these tax breaks? Oh...they have trains too..train fares have gone down right?

No, of course not. I haven't said any such thing. I've said that the consumer pays every single dime of every single tax, for reasons explained previously, and that puts upward pressure on prices since taxes are assessed against all companies.

I've also said that companies are involved in a daily life-and-death struggle and that even the largest companies can be gone in a very short time.

That struggle is important because it forces companies to give their consumer the best product they can at the best possible prices. THAT forces prices down and, over time, destroys nearly all companies as their competitors do it better, faster, cheaper, and more efficiently.

I did not say that GE made money so that therefore train fairs go down. I said they use that money, just like all corporations do, to run their business and fight for survival.

G.E. has NOT passed these tax breaks on to the American people. It's a nice theory you have, but reality tells a different story.

It's not a theory, it's how every company works because it is simple economics. GE uses its tax breaks just like every other company does--to make their products cheaper and better and more efficient. If they don't, they will fail as other competitors crush them. The list of crushed companies utterly dwarfs that of those that still exist.

Our underpaid worker at Walmart might be saving money on their shower curtain and bath mat, but her rent has gone up, her fuel costs have gone up. her bus fares have gone up and she is paying a larger proportion of her wages on taxes than Walmart. I think she'd be better off with a pay rise and a tax cut, because Walmart are not going to give her that money out the goodness of their hearts. They charge for products what the market can bear, it doesn't matter how big or small their profits are.

That is completely untrue, Walmart has a reputation for telling their suppliers to get prices lower, and then passing those cost savings directly onto the consumer. This is why lil local stores hate them, because they can use economies of scale to offer considerably lower prices than mom-and-pop stores and consumers vote with their dollars.

While you may be concerned about that one woman, that isn't what's best for society. What's best for society is billions of people being able to afford products at rock bottom prices. What's best for society is not a few more benefits for x thousand Walmart employees.
17) Message boards : Politics : GE 0% tax on multi billion profit (Message 1095726)
Posted 10 Apr 2011 by Profile Rush
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He sure hasn't. I'll say it again. If you don't tax corporations then they just run on profit They also don't need to be worried about being fiscally lean or responsible.

Sure they do. Because every other corporation out there is trying to crush them out of existence. They have to constantly strive to make a better product at an ever lower price.

Just off the top of my head: Borders, bankrupt. Blockbuster, bankrupt. GM, bankrupt. Lehman Brothers. Chrysler. Enron. Washington Mutual. Delta. United. The list is endless.

Despite being some of the biggest companies in the world, they did not "just run on profit," they failed. They very much had to worry about being fiscally lean and responsible, and they failed. They went bankrupt.

However, that does not address the simple truth that 100% of the taxes they pay are passed directly onto the consumer, driving prices higher, and hurting those that can afford it the least, the most.

Corporations can only pass along their tax burden to a certain extent and still maintain their level if profit. At a certain point people slow then stop buying products when the price becomes to high. That is the point where corporations start reducing their profit margin and megabonuses to maintain product viability.

You got the first two sentences right, that's very true. But the profit margin is one of the smallest aspects of any corporation. There's a very small amount to how high you can drive costs and the corporation still exist.

As far as payroll and bonuses, rare indeed is the company that ceases to reward it's most important employees, though bonuses are sometimes cut, because those employees will go somewhere else.

I recall the several Corporatist apologists declare that Corporations shouldn't be rescued but be allowed to fail or thrive on their own. Knowing you are going to be taxed the same thing still applies. If you can't survive under the conditions then your extinction is inevitable

Exactly. They should be allowed to fail. No bailouts. Ever.

But you have a problem with the last two sentences: How many taxes to extinct corporations pay? Zero. What is one of the number one things they stop paying as they get closer to failing? Taxes.

Odd, I can't fathom how you would help anyone with corporate tax dollars when you don't get any.
18) Message boards : Politics : GE 0% tax on multi billion profit (Message 1095711)
Posted 10 Apr 2011 by Profile Rush
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Protect the poor by not taxing the corporatists.
Rush, you're haven't missed a beat.

Address the arguments.

Since the poor (and every consumer) pays every single cent of taxes on a corporation, you aren't helping them by taxing corporations. You're just driving the prices that they pay for what they need, UP.

Since they have very very limited disposable income, higher prices mean they can afford less of everything.

How does that help them?
19) Message boards : Politics : GE 0% tax on multi billion profit (Message 1095422)
Posted 9 Apr 2011 by Profile Rush
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Under Kennedy, the highest marginal tax rate in the U.S. was 90%.

I'm going to call BS here. The subject is not personal income tax rates.

The arguments remain the same: the higher the taxes, the higher the cost of the available goods in the marketplace because the taxes are passed directly through to price.

Taxes are just costs like all other raw materials.
20) Message boards : Politics : GE 0% tax on multi billion profit (Message 1095421)
Posted 9 Apr 2011 by Profile Rush
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Is that so? It must be true because you said so.

That, my dear, sounds strangely familiar... 8^]

It was a deliberate homage. :D

One of the many reasons I love you so much.


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