Narrow conservative thinking
[QUOTE=El Alamo;422686]This mentality is what creates jobs and keeps us competitive in the world economy. Something that Obama and his night of the living dead zombie supporters are oblivious to.[/QUOTE]Statements like this exemplify how little some conservatives understand the economy.
You don't need to [i]maximize[/i] profits for owners or Wall Street firms to create jobs. You just need profits. There is no guarantee that more profit motive/profit will create more jobs, or that less profit motive/profit will reduce jobs. If this were true, jobs would not have grown so much under the higher tax rates of the Clinton years, and jobs would not have stagnated under the lower tax rates of the Bush years. There's all the proof you need.
Profits before people = greed
[QUOTE=Doppelganger; 422708]The only dodging going on here is from my old friend Esten, you just can not stay on topic.
Esten, I was very clear, Profits before People or there is no company!
The only dodging going on now is from you with your nebulous B / S about different 'ethical' ways to run a business.[/QUOTE]You're not fooling anyone with your dodging."Profits before people" is an expression for business greed. Typically when ownership does something to reward / enrich itself at the expense of workers or customers. For example, if a business had a good year and increased its profits from $100 million to $120 million, and the owners give themselves large bonuses, but tell the workers there will be no bonuses or merit increases because the company needs to grow faster. There are a bazillion examples. It's about fairness and ethics.
So once again you are wrong Doppel. Or rather, exposed for trying to dodge from the real issue of greed. If a company is profitable, it doesn't need to stiff workers or customers for the sake of even more profits. In fact if done too overtly that can harm a company. Though that's a moot point when a company is going out of business, which explains Bain's "profits before people" conduct when GST Steel went bankrupt.
Esten Still Dodging and Dodging and Dodging
Esten, your squirming around more than a $20 working girl in church with a trick waiting outside.
Let's start with dodging – none here just on your side.
I've always been very clear, I am an unrepentant capitalist.
Those who can, do. They are called EMPLOYERS.
Those who can't, don't. They are called EMPLOYEES.
Of course those who can't and don't, I. E. Employees, have Liberals to whine, *****, moan and groan about how 'unfair' it is that those who build enterprises to profit from building those enterprises. For some strange reason Liberals believe by virtue of being given a job that employee is now 'entitled' to share in the profits of those who started the business which gave them the job in the first place.
Your arguments about short changing employees and shoddy products or services to boost profits are equally without merit. Any firm who practices such will soon find it's best and most productive employees gone and the clients leaving as well. Such a business can not long exist unless of course it does so in your liberal utopian dream world.
Back to Bain Capital and GST Steel, still not a word about the folks who ran the company in the ditch in the first place. Regarding the funds you allege Bain 'stole', what about the funds Bain invested in the company in the first place? Bain picked up FAILING companies and tried to turn them around. Check their record. 22% of their acquisitions still went into bankruptcy but 78% become profitable. I would say that's a hell of a lot better record than Obama's crony capitalism by funding those who contribute to his campaign.
In my shop, the floggings will cease when moral improves.
