Posted on 12/10/2010 1:42:49 PM PST by cripplecreek
(Excerpt) Read more at foxnews.com ...
It is amazing that we need someone to actually state the importance of being honest in business. That used to be sooooo basic to the American business character!
People who were dishonest in business were really shunned and sued. Now honesty is a new concept to America’s business. We allowed liberals to culturally cleanse our business schools in the name of diversity. I don’t think societies that have been targeted for cultural cleansing easily recover what they have lost. All we have left in the pulbic culture is materialism.
I don’t think the middle class will ever recover full trust after seeing this banking game played in the real estate market and then watching them shake down the government for bailouts instead of taking their licks for their bad decisions.
I love this story. Selling for the agreed upon price rather than the much higher price discovered later.
Don’t we all know people whose handshake deals were made with scoundrels. Don’t we all. That kind of knowledge is not something to aspire to.
I’d rather think about the horrors of plastics.
It is bull and large burden for everyone who is a owner by making them re-register just to clean up a few irregularities. Why punish everyone when only a few records need to be updated?
My uncle teaches business ethics at UofM. He’s a good man despite being a moderate.
He says you really need to throw ethics out the window to run a business in America. Its why he no longer runs a business.
I think that if I were to find myself suddenly very wealthy I would do as much as possible to keep it secret from most of the world.
Beck’s staff was right...this is very, very good...
Actually I think this was a change of direction for the show but it is nice to see a truly good billionaire.
Huntsman has been on the show before. He says he’ll die penniless.
What are you going to say after that? I mean. Really.
My brain is flooded.
I will dig up a DVD of “A Christmas Carol” though. “Mankind was my business.”
We’ve talked for weeks about the version with Carol Kane thwacking this and that. Comparing versions is fun. Except for the musical, which is is just ‘eh.’
If I were a liberal I guess I would assume that Huntsman is a greedy liar who should be stripped of his wealth so government could distribute it.
My uncle teaches business ethics at UofM. He’s a good man despite being a moderate.
He says you really need to throw ethics out the window to run a business in America. Its why he no longer runs a business.
He didn’t throw his ethics out the window. He let go of his business because he could no longer compete as an honest man.
It came down to hiring H1B visa people from India vs going bankrupt keeping long term trusted employees. He chose to sell the business and divide the money among his employees.
We had a local paving company do the same a few years back. When the owner retired he said he had enough money so he sold the company and gave away the entire profit of the sale to his 15 or so employees.
Jon Huntsman Sr. is awesome. I wish that I lived in a world where someone like him could be elected as President. It is sad that I don’t.
Is it just me or is his radio show a lot sillier than it used to be? I hadn’t heard him in months; I tuned in and thought he was silly to say the least.
Geez! If that is the case (you can’t be an honest business man with American employees and survive in our “multi-cultural” labor import culture, our plight in this country is mighty hopeless. We will arrive at the lowest common demoninator of the world.
That's the point of the free market. Isn't it unethical for employees to demand more pay to do work than others are willing to take? If Americans want more pay, they have to provide a corresponding greater benefit, not just expect it as a birthright.
The Soviets tried to fool the market and look at the result.
Inevitably, some maroon replies to such a comment with something like, "you want America to become a 3rd-world country!" No...the reality is there, regardless of what I want. I want Americans to face reality and manage the best future we can, and that doesn't come from sticking our heads into the sand.
...The Soviets tried to fool the market and look at the result.
Inevitably, some maroon replies to such a comment with something like, “you want America to become a 3rd-world country!” No...the reality is there, regardless of what I want. I want Americans to face reality and manage the best future we can, and that doesn’t come from sticking our heads into the sand.
But claiming the alternative to globalization is the “soviet” model is ignoring American and European history. Our country being hog tied into trade agreements is not exactly a “free market.”
Explain to a German why he should pay 10x for an American product rather than an equivalent one from a company that sets up in Mexico or China or India. "Because Americans just deserve to get paid more and have greater worker protections" doesn't cut it.
Only if the American product is sufficiently better, made more efficiently, more innovative, etc., can we expect to charge 10x. And before you claim we are those things, explain why a client of mine had to go--reluctantly--to China to reduce defect rates in his products. If all poor trade agreements are broken down, there's still the underlying condition of Americans trying to charge above market rates--and that just doesn't work.
The conservative and old-America way of facing this is to work hard to improve and out-compete the competition, not ask for protection from the government.
As you must remember, Shift Happens...and if you ignore that fact, you're cutting America loose to sink into the mire.
To tell you the truth, I am more worried about the demolishing of all business ethics to fit into this globalization than I am worried about Americans being able to create a scheme to compete. Although I am concerned about our country being overpopulated with people who come here to take and have no idea of civics.
A world with no business ethics is a world of lawlessness and human slavery. That was the original discussion I was having on this thread. Globalization has demolished business ethics.
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