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Santa Claus Comes for Failed Business Executives
prospect.org ^ | December 22, 2007 | Dean Baker

Posted on 12/30/2007 10:44:19 PM PST by B-Chan

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To: ApplegateRanch

That would be a good start, I think.


21 posted on 12/30/2007 11:24:13 PM PST by B-Chan (Catholic. Monarchist. Texan. Any questions?)
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To: B-Chan
However, wealth is not the highest good a society should aim for. Righteousness, justice, and freedom are all more to be desired than all the toys Wal-Mart offers. A system in which incompetence, dishonesty, and stupidity are rewarded (and competence, honesty, and intelligence are punished) is not a just, righteous, or free society.

That's your moral code. That's what you believe are to be desired not what I believe. So why should you impose your moral code on me? My moral code is that first I want to be free to live how I want to live and to figure out what way is best for my survival. So I want to make as much money as I can to insure my basic survival needs are met, housing, food, transportation, etc. then i want to make as much money as I can so that i can afford to buy the many wonderful millions of products out there offered by the capitalist free market to make me first comfortable and then happy. Each individual should have that freedom. your system of government interference will only lead to loss of freedom and no choice as in the soviet union. The government that governs best is the government that governs least.

22 posted on 12/30/2007 11:27:12 PM PST by Democrat_media (Democrats are communists/Socialists.Socialism is an economic disaster.)
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To: B-Chan

The absurd aspect of your post, that being that capitalism is evil and never gets what’s coming to it, is made the lie in the Circuit City is now beginning to fail as a company. They ARE getting what they deserve by losing their company!!


23 posted on 12/30/2007 11:29:05 PM PST by Mobile Vulgus
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To: rottndog

No one has to work at circuit city. Most people have many different jobs throught their lives. What is stopping one of those circuit city employees or stock holders from from becoming an engineer, a doctor, mechanic, lawyer or starting their own business, inventing something so they can make more money and they think they are “getting the shaft” at circuit city?

there are still opportunities out there despite all the government regulations and laws. So why blame one company to indict all of capitalism , for what? to help Democrats turn the U.S. into a socialist hell hole like the Soviet Union or Cuba where people are starving?


24 posted on 12/30/2007 11:31:51 PM PST by Democrat_media (Democrats are communists/Socialists.Socialism is an economic disaster.)
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To: rottndog

No one has to work at circuit city. Most people have many different jobs throughout their lives. What is stopping one of those circuit city employees or stock holders from becoming an engineer, a doctor, mechanic, lawyer or starting their own business, inventing something so they can make more money and they think they are “getting the shaft” at circuit city?

there are still opportunities out there despite all the government regulations and laws. So why blame one company to indict all of capitalism , for what? to help Democrats turn the U.S. into a socialist hell hole like the Soviet Union or Cuba where people are starving?


25 posted on 12/30/2007 11:32:33 PM PST by Democrat_media (Democrats are communists/Socialists.Socialism is an economic disaster.)
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To: Democrat_media

I’m not blaming capitalism....

capitalism and corporatism (as practiced in the USA) are mutually exclusive.

I don’t trust big anything....big government, big unions, big corporations.


26 posted on 12/30/2007 11:37:14 PM PST by rottndog (And yet another year races inexorably to it's end, only to fall into eternity like so many Lemmings.)
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To: rottndog

I’m not blaming capitalism....

capitalism and corporatism (as practiced in the USA) are mutually exclusive.

I don’t trust big anything....big government, big unions, big corporations.”

Well big corporations are what is running the internet. You think government with the efficiency of FEMA could run the internet as well is it is?

Corporations like Intel,Google, Dell, IBM, Toyota, Honda, GM, AMD,ToshiBa, MERCK,Wal-mart, are also advancing technology and creating most of the life saving medicines. It is technology which raises living standards. That’s why you have terrible living standards in backward 3rd world countries.

I save thousands per year shopping on the internet and at Wal-mart , another evil corporation that is saving people money raising their living standards.


27 posted on 12/30/2007 11:43:16 PM PST by Democrat_media (Democrats are communists/Socialists.Socialism is an economic disaster.)
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To: B-Chan
Whatever happened to all the talk of employees being "fellow stakeholders," before approximately 2000?

It is time for a new kind of "labor movement," for employee co-ownership.

28 posted on 12/30/2007 11:43:35 PM PST by unspun (God save us from egos -- especially our own.)
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To: Democrat_media
I save thousands per year shopping on the internet and at Wal-mart , another evil corporation that is saving people money raising their living standards.

I'd rather that people had higher incomes -- and just a little more to spend, for higher prices of products made in America rather than slave shops in Communist-Militarist China, Muslim Jordan, etc.

29 posted on 12/30/2007 11:46:03 PM PST by unspun (God save us from egos -- especially our own.)
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To: Democrat_media

I never said corporations were evil, or that they don’t do a lot of good. Corporations, however, are amoral at best, and often immoral. How do you explain corporate America’s push to eliminate our national sovereignty, as proven by their support for Bush’s Shamnesty and open borders?


30 posted on 12/30/2007 11:47:05 PM PST by rottndog (And yet another year races inexorably to it's end, only to fall into eternity like so many Lemmings.)
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To: B-Chan

Yea, they raised “capital” by selling stock. More often than not, the sheep that have this stuff socked away in their retirement portfolios consistently file the proxies, where they’d get to “Vote” on things like executive pay and bonus packages, or at the very least veto some pet project of the executives, in the circular file or let their brokerage do the voting.


31 posted on 12/30/2007 11:50:40 PM PST by Axenolith (Merry Christmas. Jesus is LORD! Amen...)
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To: Democrat_media

BTW, wasn’t it that wonderful corporation, Google, that turned over records that led to the persecution of political dissidents in Communist China?


32 posted on 12/30/2007 11:50:53 PM PST by rottndog (And yet another year races inexorably to it's end, only to fall into eternity like so many Lemmings.)
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To: I still care

One of Nardelli’s favorite sayings is: “Facts are friendly.” He seemed less concerned about people being friendly.
http://www.msnbc.msn.com/id/16469224/

After he sucks Chrysler dry, he’ll get booted out. Just like GE and HD did.


33 posted on 12/30/2007 11:53:19 PM PST by Westlander (Unleash the Neutron Bomb)
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To: unspun
"I'd rather that people had higher incomes -"

Yeah and I'd rather i had 4 houses also .

What is stopping any American from making more money by becoming an engineer, a doctor, mechanic, lawyer or starting their own business, inventing something so they can make more money?

Look posting on the internet here is not making you rich.

Many people waste so much time playing on the internet, watching TV, watching videos, watching sports etc and then they cry because they are not making more money. It's fine if you want everyone to make more money then tell them to get off their butts and work. There is no excuse for not making more money. Sure government taxes us at 50% if you add all the taxes but if you work hard , learn skills and try then you can suceed. whining for the government to force everyone to pay more money will only lead to a socialist state where the only choice will be to stand in the day long bread line or the 2 day long potato line.

There are still opportunities out there despite all the government regulations and laws. So why whine to indict all of capitalism , for what? to help Democrats turn the U.S. into a socialist hell hole like the Soviet Union or Cuba where people are starving?

what do you have against foriegn corportations? I guess you hate this from foriegn Toshiba too huh: http://www.gizmag.com/toshiba-scib-super-charge-lithium-battery/8506/

December 13, 2007 Toshiba have stunned the world with their announcement of what's pretty much the holy grail in Lithium battery technology – the Super Charge ion Battery, which recharges up to 90% of its energy in just five minutes, and has a lifespan of over 10 years. Slow charging has been the key hurdle to public acceptance of battery-electric vehicles as viable distance travelers, so this breakthrough has all sorts of implications for the automotive industry as well as being a very welcome upgrade to a whole host of other portable devices.

34 posted on 12/30/2007 11:55:00 PM PST by Democrat_media (Democrats are communists/Socialists.Socialism is an economic disaster.)
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To: rottndog

A private company shouldn’t be concerned with politics . Their goal is to make money.

It should be up the government to stop the illegal invasion. But that’s another thing government has failed at.


35 posted on 12/30/2007 11:58:59 PM PST by Democrat_media (Democrats are communists/Socialists.Socialism is an economic disaster.)
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To: Democrat_media
Hate to burst your bubble, but as far as electric cars go, charging in 5 minutes will cause another problem...

For a car to run 3 hours, it requires 150 kilowatt hours of power. To re-charge it in one hour would require more than 100 amps from your outlet. To charge it in 5 minute 1200 amps.

Where are you going to plug the charger in? The normal outlet in your gariage is only 15 amps. Your arc welder outlet, only 80 amps. Your electric stove only draws 60 amps...

36 posted on 12/30/2007 11:59:57 PM PST by babygene (Never look into the laser with your last good eye...)
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To: rottndog

Who is going to say no to the Chinees GOVERNMNMENT,a totalitarian government with a 10 million man army? You think a private corporation can stand up to them or who can stand up to them?


37 posted on 12/31/2007 12:01:27 AM PST by Democrat_media (Democrats are communists/Socialists.Socialism is an economic disaster.)
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To: tired1

Haven’t been to HD in years.


38 posted on 12/31/2007 12:02:58 AM PST by Westlander (Unleash the Neutron Bomb)
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To: Democrat_media

Government hasn’t “failed” to stop the illegal invasion...the government is doing corporate America’s bidding.


39 posted on 12/31/2007 12:03:08 AM PST by rottndog (And yet another year races inexorably to it's end, only to fall into eternity like so many Lemmings.)
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To: Democrat_media

A private corporation can choose the side of right, and not do business with a totalitarian government with a 10 million man army.

BTW, isn’t that wonderful corporation Google also in the practice of censoring/restricting access to certain conservative websites?


40 posted on 12/31/2007 12:05:46 AM PST by rottndog (And yet another year races inexorably to it's end, only to fall into eternity like so many Lemmings.)
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