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  • me_gtc me_gtc Nov 21, 2012 10:56 AM Flag

    Most Interesting Election Tidbit I Saw...

    I do feel it is OK to acquire and then cut jobs to increase corporate efficiency and promote synergies. I don't feel it is OK to acquire, take out a loan from the acquisition to pay you back for the acquisition cost, and then have the company ship the jobs overseas so it can pay back the loan. Those are nothing more than bookkeeping tricks which generate nothing of real value, but instead just shift the profits from one pocket to another.

    I also don't feel it is OK to acquire, cut jobs, and then blame the cuts on something else like Obamacare.

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    • Sooooo investing --short and long-in the stock market is OK and generates real value? Real value is when I invest and I make money. It is not my responsibility to "save the worker". It is my responsibility to care for my family, legally, and not be a financial burden on the taxpayers.or society. Obamacare, since you brought it up, will add 3.8% to my tax and exactly how does that help me and my family? Again, is it my responsibility to care for everyone who could care less about me and my family? Don't impose someone else's personal beliefs on me and then make me pay for them.

      • 1 Reply to lirich01
      • No, for you to make money regardless of how is not the definition of "real value". But even you making money by investing in the stock market indirectly benefits the country by helping deepen the stock market and thus increasing the ability of future companies to sell shares to the public and enable future investment.

        Your question about Obamacare is a variation of a classical question; why should I be taxed to pay for something I don't use? For me, those questions could go along the lines of: why should I be taxed to pay for OSHA if I am retired, or why should I be taxed to pay for education when I don't have kids? The answer is that I derive indirect benefit from these programs even if I don't use them directly, and that society has set priorities which I have to live with as a member of society.

        From Obamacare, you get two types of indirect benefits that I see. First, a higher level of medical care in the country reduces the risk that you or yours will be affected by an epidemic - your waiter will be less likely to cough his tuberculosis or avian flu germs all over your lobster newburg if he can get treatment instead of working until he is deathly ill. Second, the country saves money by having patients with relatively mild disease states treated in relatively low cost settings like a doctor's office, instead of having a patient wait until he is deathly ill to get treatment in an expensive emergency room after which the patient defaults on the bill.

    • Sorry to disagree but I believe healthcare with Obama's plan is much like American Education. We spend more than every other country and don't get the results for the cost. Currently American students rank 25th in Math etc. That, in my opinion, is a disgrace and followed closely by our healthcare debacle. America is wasting taxpayer money at an unstainable rate--and you seem OK with the results. Why don't we pay for all of the costs of the Sandy storm so homeowners can rebuild only to be flooded again. First Irene and we paid, now Sandy and we pay again. How many times should the taxpayer buck up?America need s more individula responsibility and in the end a return on the investment. Individual beliefs are fine but should I have to pay for your personal beliefs. The buck has to stop somewhere, sometime. Is there no individual ownership anymore--or just handouts. Sure seems true of education and healthcare.

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