Layoffs coming...

HeartlandHank · Nov 9, 2012

NoDrama said:
Sorry buddy, but its the CEO and his strategies that are making the money. Without good leadership and someone who knows corporate finance, the poor workers would never have a job to go to in the first place.

Employees don't make shit for profits, the sales people and the corporate officers make far more money for the company than any of the worker bees.

Employees just facilitate.

From 1978 to 2011, CEO compensation increased more than 725 percent, a rise substantially greater than stock market growth and the painfully slow 5.7 percent growth in worker compensation over the same period.

That statement says you are wrong. CEO pay has risen much faster than growth.

ginwilly · Nov 9, 2012

Padawanbater2 said:
Government bad when they regulate my profit margin for equal opportunities, government good when other people do.

Do you see the glaring hypocrisy here?

What's unethical is mega-corporations lobbying our government for less regulation and lower taxes, you and I both know the majority of American politicians are bought, so when the time comes to pony up the dough, it is then unfair to put the cost onto the middle-lower classes, those that have less ability to pay for it (not to mention no obligation to), by lowering regulations and raising taxes on them. The definition of crony capitalism.

Capitalism isn't the problem, crony capitalism is. We share in our disgust toward cronyism, trust me. Where we differ is where we place the blame. I expect the type of people who rise to such heights by stepping on toes, stabbing backs and other unethical practices to try to buy politicians. I know it, you know it, they know it and politicians know it, yet you blame them when politicians get bought. I blame the people who asked for our permission to serve us then sell us out to these greedy fucks.

Try voting out the slimy, lying, unethical thieves when their supporters deflect the blame off of them for the teams sake. Term limits ftw.

UncleBuck · Nov 9, 2012

Winter Woman said:
I should have been slightly more clear I was meaning small to mid-sized companies. The ones where the profits flow straight to their Form 1040. You can recognize them by their puckered up ass.

lies, lies, lies. lies lies lies lies. lies, lies lies, lies lies lies lies lies.

First, even under the GOP’s own flawed definition of small business, approximately 97% of taxpayers with small business income would be completely unaffected by the President’s plan: According to estimates by Tax Policy Center, about 97% of taxpayers reporting business income would not be impacted by the President’s tax proposals -- which only affect those earning over $250,000. This has been confirmed by the independent Congressional Research Service, which concluded that “only a small fraction of businesses will be affected [by allowing the temporary income tax cuts to expire for people earning over $250,000 a year], around 2% to 3%.”
Second, what Congressional Republicans Define as “Small Businesses” Include Millionaires and Billionaires, Law Partners, Hedge Fund Managers, and Passive Investors. Congressional Republicans define as small businesses any individual who receives “small business income”. Under this definition:
- Over half of the 400 Highest Earners in the United States Would Be “Small Businesses”: According to IRS data, in 2009, among the 400 taxpayers with the highest adjusted gross income – group that averages over $200 million each in taxable income – at least 237 would have qualified as “small businesses” under this definition.
- Hedge Fund Managers and Law Firm Partners are “Small Businesses”: It counts any type of partnership income, proprietor income, or S corporation income as “small business” income. That includes:
  - income received by partners in law firms – each and every one of whom would be considered a “small business” under this definition
  - income received by partners in hedge funds – each and every one of whom would be considered a “small business” under this definition
  - passive income on investments
  - income from renting out a property like a vacation home.
- This is why, last time Republican Congressional Leaders tried this argument they couldn’t produce one so called “small business job creator.” Last fall, when the GOP was blocking measures of the American Jobs Act that could have supported over a million additional jobs; they argued that asking millionaires and billionaires to pay their fair share would hurt “small business job creators.” But after pressed by independent media outlets such as National Public Radio, Republicans in Congress and their wealthy allies could not produce a single millionaire job creator for NPR to interview. [LINK]

hotrodharley · Nov 9, 2012

World leaders are happy overall that Obama was retained by us. I read newspapers from the world over for free by going to thepaperboy dot com. The GOP says screw the world but it simply cannot be that way anymore. As recently as a month efore the election the beginning of stories about what to do if Romney was elected nd contingency plans being formulated show the rest of the world (that is literate at least of the written word) could not figure out why we would ditch a guy who has led what is a slow recovery but is slow over the entire world! His recovery efforts have not yielded any "booms" and thankfully because following every boom is the inevitable busts.

Carne Seca can surely remember the 80's - those wonderful Reagan years - when drillers all over the 4 Corners and West Texas/Eastern NM were capping frigging wells right after they completed them. Drill rig activity died and all the guys with the "Oilfield Trash and Proud of It" stickers and T-shirts were hurting. Their lack of spending, combined with drilling companies folding up and blowing away, left supermarkets, hotel, property management companies, vehicle lease companies and oil field service guys really feeling it.

All the fun and money from the boom years was gone like a fart in a whirlwind.

Add to our slow but firm growth with NO NEW WARS! Much appreciated by those countries who would have been chosen to host one by Mittens to spend all his Christmas money he wanted - $2 TRILLION dollars for a Pentagon that hasn't even asked for it!!!!!!!

"Hmmmm. What to do with all my soldiers and new toys? I know - bomb Iran! I'll call Ben with the good news!", said Mittens.

"OK, Honey" replied Ann "I'm going to hop over to Martinique for a shopping trip with the girls! Have fun."

UncleBuck · Nov 9, 2012

ginwilly said:
Capitalism isn't the problem, crony capitalism is. We share in our disgust toward cronyism, trust me. Where we differ is where we place the blame. I expect the type of people who rise to such heights by stepping on toes, stabbing backs and other unethical practices to try to buy politicians. I know it, you know it, they know it and politicians know it, yet you blame them when politicians get bought. I blame the people who asked for our permission to serve us then sell us out to these greedy fucks.

Try voting out the slimy, lying, unethical thieves when their supporters deflect the blame off of them for the teams sake. Term limits ftw.

so you give one party a pass when it takes two to tango?

interesting.

UncleBuck · Nov 9, 2012

i guarantee that despite this thread title, we add more jobs over the next year than bush did in 8 years.

hotrodharley · Nov 9, 2012

Winter Woman said:
Partial list of layoffs

The firms include:

Welch Allyn a manufacturer of medical diagnostic equipment in central New York which says it will cut 275 employees, about 10 percent of its workforce, over the next three years.

Dana Holding Corp. a global auto parts manufacturing company which warned of layoffs due "$24 million over the next six years in additional U.S. healthcare expenses.

Stryker a medical device manufacturer which plans to close its facility in Orchard Park, N.Y., eliminating 96 jobs in December. They also say theyll slash 5 percent of their global workforce, about 1,170 positions.

Boston Scientific a medical device manufacturer said it plans to cut between 1,200 and 1,400 jobs, while shifting investments and workers overseas to China.

Medtronic a medical device maker which cut 500 positions over the summer, with 500 more set to be eliminated by the end of 2013.

Other companies promising job cuts include: Smith & Nephew 770 layoffs; Abbott Labs 700 layoffs; Covidien 595 layoffs; Kinetic Concepts 427 layoffs; St. Jude Medical 300 layoffs; and Hill Rom 200 layoffs.

Among the reasons for the layoffs: increased costs for health insurance and, in the case of medical manufacturing companies, a new medical-device tax.

"Company leaders say the cuts are part of a restructuring plan. They blame the layoffs on the new medical device tax set to take effect next year as part of the Affordable Care Act. The mandate requires a 2.3% tax on sales of medical devices."

2.3% and that's a breaker? BS. A wimpy excuse, even though valid, to ditch the country they built themselves into an empire in while paying much higher rates. Greed at the highest levels. That cut-and-paste is from WA themselves.

hotrodharley · Nov 9, 2012

Now tell me "It's the principle of the thing".

NoDrama · Nov 9, 2012

Padawanbater2 said:
50% is hyperbole. A portion of your, your employees and your profits are taxed, not all of it.

50% is totally inline with what you pay in taxes my friend, actually 70% is more like it.

Do you really think the only tax you ever pay is income tax? Really?

ginwilly · Nov 9, 2012

UncleBuck said:
so you give one party a pass when it takes two to tango?

interesting.

Oh HELL no! I have called out the old gaurd GOP, religious right and neocons more than I have the Dems. Not so much on this forum admittedly but this place has some serious star-crossed worshipers. It's easier to call out personalities like Boehner and Cantor, those dudes are unlikable. It's tough to call out someone who's so dreamy and all, but it still needs to be done.

Edit: I think I misunderstood you when you said both parties. I should have realized both parties involved, not dem/pub.

Yes, I blame both parties but one of the parties I know will display certain behaviors while the other party sought out my support to keep things on the up and up.

hotrodharley · Nov 9, 2012

NoDrama said:
50% is totally inline with what you pay in taxes my friend, actually 70% is more like it.

Do you really think the only tax you ever pay is income tax? Really?

You're right. Everything from sales tax, taxes on services (check your utility bills and phone), excise tax, property tax. Loved paying taxes on my tools I have owned forever, some of which were my fathers and his fathers'. Annually. Bullshit. Because I had a Harley shop (or any shop!) and was making money with them (money was paying income tax on, sales tax out of and more). Bullshit.

NoDrama · Nov 9, 2012

UncleBuck said:
i guarantee that despite this thread title, we add more jobs over the next year than bush did in 8 years.

There is no way 6 million people are going to be hired over the next year. Take yourself to rainbow land.

[video=youtube;hM9uFaGGVwk]http://www.youtube.com/watch?v=hM9uFaGGVwk[/video]

ginwilly · Nov 9, 2012

hotrodharley said:
2.3% and that's a breaker? BS. A wimpy excuse, even though valid, to ditch the country they built themselves into an empire in while paying much higher rates. Greed at the highest levels. That cut-and-paste is from WA themselves.

For companies who's profit margins run in the 3 to 5% range (like insurance companies) 2.3 could be that breaker. For those huge profit companies I'm on your page, 2.3% would barely leave a mark, but for those others.. they are being hurt.

If you know it doesn't hurt the big guy but does hurt the not so big guy why does it make sense? Your lust to punish the greedy rich bastards led you to a solution that doesn't really even touch them, but hurts the business men you can admire. I'm confroosed.

ginwilly · Nov 9, 2012

UncleBuck said:
i guarantee that despite this thread title, we add more jobs over the next year than bush did in 8 years.

Using your own claims (and his) that Obama created 5 million jobs and the stimulus created 4 million of those it leads to these facts (if the first 2 are true); It took 18 different jobs bills, QE2, QE3 and 5T more in deficit to create 1 million jobs in 4 years, or about 20k a month or so.

I don't think it'll happen.

londonfog · Nov 9, 2012

When I hear Republicans (or whatever they calling themselves these days) talk it always remind me of this story.

HENNY PENNY

One day Henny Penny was scratching in the farmyard looking for something good to eat when, suddenly, an acorn fell from the tree and hit her on the head. "My goodness me!" she said. "The sky must be falling down. I must go and tell the king."

She had not gone far when she met her friend Cocky Locky.
"Where are you going in such a hurry?" he called out. "I am going to tell the king that
the sky is falling down," said Henny Penny.
"I will come with you," said Cocky Locky.
So Henny Penny and Cocky Locky hurried along together towards the king's palace. On the way they saw Ducky Lucky swimming on the pond.
"Where are you going?" he called out.

"We are going to tell the king the sky is falling down," replied Henny Penny. "We must go quickly, as there is no time to lose."
"I will come with you," said Ducky Lucky, shaking the water off his feathers.

So Henny Penny, Cocky Locky and Ducky Lucky hurried on together towards the king's palace. On the way they met Goosey Loosey, who called out, "Where are you all going in such a hurry?"
"We are on our way to tell the king the sky is falling down," said Henny Penny.
"I will come with you," said Goosey Loosey.
So Henny Penny, Cocky Locky, Ducky Lucky and Goosey Loosey hurried on together towards the king's palace.

Round the next corner they met Turkey Lurkey. "Where are you all going on this fine day?" she called out to them.
"It won't be a fine day for long," replied Henny Penny. "The sky is falling down, and we are hurrying to tell the king."
"I will come with you," said Turkey Lurkey. So Henny Penny, Cocky Locky, Ducky Lucky, Goosey Loosey and Turkey Lurkey all went on towards the king's palace. Now on their way they met Foxy Loxy who asked, "Where are you going in such a hurry?"
"We are going to the king's palace to tell him the sky is falling down," replied Henny Penny. "That is a very important message," said Foxy Loxy.
"I will come with you. In fact if you follow me I can show you a short cut to the king's palace, so you will get there sooner."
So Henny Penny, Cocky Locky, Ducky Lucky, Goosey Loosey and Turkey Lurkey all followed Foxy Loxy. He led them to the wood, and up to a dark hole, which was the door to his home. Inside his wife and five hungry children were waiting for him to bring home some dinner.
That, I am sorry to say, was the end of Cocky Locky, Ducky Lucky, Goosey Loosey and Turkey Lurkey, for one by one they all followed Foxy Loxy into his home, and they were all eaten up by the hungry fox family.

Henny Penny was the last to enter the Fox's hole and she heard Cocky Locky crowing in alarm in front of her. Squawking with fright and scattering feathers, she turned and ran as fast as she could for the safety of her own farmyard. There she stayed and she never did tell the king that the sky was falling down.

THE SKY IS NOT FALLING YOU TWEETS

UncleBuck · Nov 9, 2012

NoDrama said:
There is no way 6 million people are going to be hired over the next year. Take yourself to rainbow land.

[video=youtube;hM9uFaGGVwk]http://www.youtube.com/watch?v=hM9uFaGGVwk[/video]

i am already in rainbow land.

and 6 million jobs?

LOL!

try more like 1 job and we create more than bush did in 8.

George W. Bush	R	2001–2005	132,466	131,524	132,453	134,240	-13	+2,716	-0.00%	+0.51%
George W. Bush	R	2005–2009	132,453	134,240	133,561	129,734	+1,108	-4,506	+0.21%	-0.84%

http://en.wikipedia.org/wiki/Jobs_created_during_U.S._presidential_terms

Padawanbater2 · Nov 9, 2012

NoDrama said:
50% is totally inline with what you pay in taxes my friend, actually 70% is more like it.

Do you really think the only tax you ever pay is income tax? Really?

That's the tax I was referring to as it's the only one relevant to the analogy.

UncleBuck · Nov 9, 2012

ginwilly said:
Using your own claims (and his) that Obama created 5 million jobs and the stimulus created 4 million of those it leads to these facts (if the first 2 are true); It took 18 different jobs bills, QE2, QE3 and 5T more in deficit to create 1 million jobs in 4 years, or about 20k a month or so.

I don't think it'll happen.

nice try, but the claim the president made was "created or saved" X number of jobs.

so close.

ginwilly · Nov 9, 2012

UncleBuck said:
nice try, but the claim the president made was "created or saved" X number of jobs.

so close.

So adjust the numbers and remove those that were only saved, re-do the math and it's still pretty bleak.

This is what happens when you are so blinded by love. You either have to make the argument that the stimulus package didn't do as advertized or 18 jobs bills, two quantitative measure and exploding our deficit didn't do much. Tough spot to be in, which lie are going to cling to?

UncleBuck · Nov 9, 2012

ginwilly said:
So adjust the numbers and remove those that were only saved, re-do the math and it's still pretty bleak.

This is what happens when you are so blinded by love. You either have to make the argument that the stimulus package didn't do as advertized or 18 jobs bills, two quantitative measure and exploding our deficit didn't do much. Tough spot to be in, which lie are going to cling to?

obama actually reduced the deficit, despite the fact that we were in dire economic times.

who's clinging to lies again?

Layoffs coming...

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