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To: vbmoneyspender
>>>>Hopefully, someone can define for me what the cutoff point is so that I will know when to stop expanding my business so that it doesn't become evil incarnate and instead continues to be run for profit for the benefit of its shareholders, its employees and its customers.

Oh please! You mean to try to claim that you don't know the difference between expanding a legitimate business versus a large institutional "Publicly Traded" company with dismal reports? The companies of recent scandals had easy access to billions of dollars of public money,
and they drank the "easy money", Kool-Aid. The problem is, easy money comes with strings attached called performance covenants (sales, profits, cash flow).

If a performance covenant is breached, then the money is usually due to be paid back immediately. So what do they do? Go Bankrupt.

16 posted on 08/05/2003 6:44:28 PM PDT by Calpernia ('Typos Amnesty Day')
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To: Calpernia
Corporations can't regulate you out of business, they can't tax you to death and they can't put you in jail. Until they can, I will focus my concern on institutions that can do these things to me.

Also, I think a quick reality check is in order. Corporations are not sentient entities. They are organizations that are made up of people. People in these organizations make decision, not the organizations themselves. So if you have a problem with a corporation, the problem is not with the intangible business vehicle that is otherwise known as a corporation, but with the people who run it.

18 posted on 08/05/2003 6:52:03 PM PDT by vbmoneyspender
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