Forum Thread
(Bear Creek Reservoir Specific)
9 messages
Updated 11/3/2023 6:12:58 AM
Lakes Online Forum
83,678 messages
Updated 6/17/2024 6:12:43 AM
Lakes Online Forum
5,197 messages
Updated 6/10/2024 5:39:11 AM
(Bear Creek Reservoir Specific)
0 messages
Updated
Lakes Online Forum
4,170 messages
Updated 6/10/2024 6:29:37 PM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,977 messages
Updated 6/10/2024 6:30:23 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Bear Creek Reservoir Photo Gallery





    
Name:   GoneFishin - Email Member
Subject:   Can you spell
Date:   2/7/2011 3:43:49 PM

It is called profit sharing and is as American as apple pie. Some receive stock, stock options, or cash based on the profit for the year. Some companies will pay less and offer a big bonus based on profits to provide a real incentive to increase productivity.



Name:   MartiniMan - Email Member
Subject:   Can you spell
Date:   2/7/2011 4:03:41 PM

You see what this demonstrates is not so much that he is a communist but that he is a complete economic illiterate.  Employees are rewarded for the success of the company in accordance with their roles and responsibilities.  For a great many employees their only deserved share of the revenue of the company is their salary.  They should be provided a fair wage for a fair day's work.  If not, they should quit and go elsewhere.  For certain employees, their contribution is such that they are provided an additional incentive to work toward greater profits and are in a position to have that impact on said profitability.  There are a myriad of schemes to do so like profit sharing, stock options, 401k matches, etc.

However, those decisions should be made by those who either place their capital at risk (I will broadly refer to them as shareholders) or those that are authorized by the shareholders to do so.  If the shareholders elect not to share a dime of profits with employees that is their decision, not the government's.  If that adversely impacts the performance of the company then the markets will punish them for those decisions.  But it is neither the place nor the right for some economically illiterate community agitator to tell business how to do anything.



Name:   water_watcher - Email Member
Subject:   Can you spell
Date:   2/7/2011 7:51:11 PM


exactly ... there should never is a mandate or requirement to share anything ... especially from the government. 

Many companies choose to and it should be encourage when there is good cooperation and it build relations and more productivity.  The problem is ... Obama wants to eliminate the work ethic and make thinks like this just another entitlement.   what a fool.



Name:   Tall Cotton - Email Member
Subject:   Can you spell
Date:   2/7/2011 8:44:29 PM

Absolutely correct!  Government has no place telling private industry what they will pay to whom!



Name:   GoneFishin - Email Member
Subject:   Can you spell
Date:   2/7/2011 8:59:26 PM

Read again what he said..."If we're fighting to reform the tax code and increase exports, the benefits cannot just translate into greater profits and bonuses for those at the top. They have to be shared by American workers, who need to know that opening markets will lift their standard of living as well as your bottom line," It would appear that he is simply stating that bonuses should not be increased only for the top based on tax reforms that reduce taxes. If the top receive additional bonus for doing nothing other than receiving the benfit of tax reform than it should be shared with all employees. If the top does not receive an additional bonus than no trickle down. Depending on where you are in the pecking order probably determines how you feel about the statement. If the increased bonus stops with your boss you will agree wtih Obama. If you receive a larger bonus cause it is not shared than you will disagree with Obama. A federal tax reduction is not the result of anyone's direct action at a Company which increases the bottom line. One can argue that it is not his place to bring up the subject. But, let's at least base our red herring on the what he said and how it impacts the bottom line. Should anyone be entitled to a bonus based on tax reform?



Name:   MAJ USA RET - Email Member
Subject:   Huh?
Date:   2/7/2011 9:46:38 PM

GF, could you please line that reasoning up into a logical order?



Name:   comrade - Email Member
Subject:   Can you spell
Date:   2/7/2011 10:36:03 PM

Is anyone entitled to medical care based on government fiat?



Name:   GoneFishin - Email Member
Subject:   Can you spell
Date:   2/7/2011 11:32:39 PM

HEY MAJ, WHERE IN THE CONSTITUTION DOES IT SAY I HAVE TO BE LOGICAL????????????????NEXT TIME WHEN YOU DIRECT SOMETHING TO ME PLEASE SHOUT!!!!!!!



Name:   blmeanie - Email Member
Subject:   Can you spell
Date:   2/8/2011 8:10:58 AM

wouldn't a better use of "some" of the benefits from tax breaks for business be the lowering of the cost of goods/services to the customer or consumer that would naturally increase demand?  This is where growth will come from, by being more competitive in whatever global/local market you play in with goods and services that have a better value proposition to the end consumers. 

It is likely that the benefit to the workforce, whether it is an executive getting a larger bonus or a worker bee that gets a "share" of a tax break would trickle down to help the economy grow.  Some percentage of it would certainly never see the light of day due to conservative spending/saving and would dilute the impact of the tax break other than increase income taxes for the gov't.



Name:   comrade - Email Member
Subject:   Can you spell
Date:   2/8/2011 8:11:58 AM

Hey GF - you ever done any time?



Name:   MartiniMan - Email Member
Subject:   So what? He's even more wrong
Date:   2/8/2011 8:50:09 AM

Obama is just like every other Statist, he mistakenly thinks that the money is all the government's and only through their benevolence do they allow private individuals or individuals through corporations to keep a portion of the profits.  You see tax cuts only result in the rightful owner of the money keeping more of what is theirs in the first place, not the other way around.  What a warped and destructive world view he has.  It is almost pathological.

What I said in my earlier post stands and then some!  He has no right telling any business what they can and can't do with their own money.  It isn't the government's money to dictate and they should butt out.  What is happening here is the Messiah is trying to have his cake and eat it too.  Demoncrats have belatedly realized that in fact taxation harms to economy so he wants to reduce taxation but force companies into doing his socialist redistribution dirty work for him.  Fat chance.  I hope all these companies do exactly what the bailout recipients did, give out fat bonuses to senior management.  If the markets want to punish them (which I doubt they will as long as they get their ROI) then so be it.

Let's see if his beloved GE jumps on the bandwagon.  Somehow I doubt it but they will get a free pass anyway.



Name:   MartiniMan - Email Member
Subject:   And by the way, a little business lesson for you
Date:   2/8/2011 8:58:11 AM

Where in the heck do you think the money for taxes comes from anyway?!?!?  It comes from the success of the organization that generates revenue in excess of the cost of doing business.  That is called profit.  Taxes on corporations are based on a percentage of the profits, said profits which were earned by the company in the first place!  So you see GF, the government isn't giving some undeserved windfall to management.  It is letting management hold onto more of their hard earned profits.

So only in your and Obama's warped world view could you write what you wrote.  C'mon GF, are you really economically illiterate?  Please tell me it was late, you had one too many beers, you were distracted watching reruns of Seinfeld or something.  Because that post was the most ill conceived I have ever seen you write.......



Name:   MartiniMan - Email Member
Subject:   Article 4, Section 17
Date:   2/8/2011 9:01:14 AM

No, really.....look it up......It says, and I quote, "At all times and in all places GF shall always and consistently be logical, said logic forcing him to abandon his liberal, progressive views because said views and logic are not complementary."



Name:   Summer Lover - Email Member
Subject:   Short term gain?
Date:   2/8/2011 10:26:05 AM

More handouts, the solution to all problems according to this administration. It is easy for O to speak about "investments" when he defines them, not so easy in the real (non-Government) world. Instead of investing to grow a company and create new jobs, just let the workers eat the seed corn...... Marxism at it's best.







Quick Links
Bear Creek Reservoir News
Bear Creek Reservoir Photos
Bear Creek Reservoir Videos




About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
BearCreek.LakesOnline.com
THE BEAR CREEK RESERVOIR WEBSITE

Copyright 2024, Lakes Online
Privacy    |    Legal