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Comment Re:Leverage the poor, whoever they are (Score 1) 274

Oh! Corporations provide 'public services'! Is it a public service when corporations under employ their workers and force them to work 'flex' schedules requiring them to rely on Welfare services to make ends meet? But hey, that welfare is paid for through all those huge taxes corporations pay.. oh right! They don't pay, do they, corporations have convinced people like you to that it's your responsibility to take over their tax burdens!

But at least corporations provide the public with the things we can't live without, like High Fructose Corn Syrup. Glad to know someone is looking out for the public.

But at least they hire people! When they're not doing rolling layoffs so their workers never accrue benefits or any sort of seniority.

Yep! We'd all be so much better off if we just let corporations have free and unrestricted reign over our lives.. nothing would possibly go wrong with that.

Comment Re:Leverage the poor, whoever they are (Score 1) 274

So not paying "much" in taxes isn't paying zero, which was obviously a bit of hyperbole without citations, but it doesn't really negate my point either. Corporations are never at a disadvantage in taxation, because they are the ones most capable of having their tax circumstances altered in their favor!

Why should corporations pay taxes? Are you 10? I suppose you would argue why anyone should pay taxes, while you take advantage of the numerous public benefits visible and invisible we receive from government. Corporations should pay taxes because they require workers with certain levels of health and education which are paid for through public programs. Because they need publicly paid for police to ensure their products aren't stolen before they can reach market, because they need a government to enforce their patents and protect them from foreign or domestic malfeasance. Corporations should pay taxes because they get perks such as access to governmentaly mandated right of ways, governmentaly secured resources, government courts, government research, government standards, government treaties.. and more.

Corporations should pay taxes because no country can last long while amoral parasites bleed all of it's resources and capital away for their own benefit while returning nothing back to it.

Comment Re:First post (Score 2) 274

How can executives sabotage their company for the stock benefits? Primarily because stock prices are in no way effected by a company's profitability. The biggest movers of stock price are layoffs, mergers and expected growth.

Layoffs can seem to be due to efficiency but you can also layoff the wrong people who were the core of your business, or layoff too many employees. Then they hire contract workers with no stake in the company's success or temp workers to fill the gaps, neither of which group has the institutional knowledge of how the company functions to perform their jobs well, but it looks nice on a balance sheet at the quarterly review.

As for mergers, so many company's have been wrecked by poorly considered mergers it's not even something you can question.

Then there's the favorite 'expected' growth vs actual growth, and the demands that businesses become omniproducing ever growing conglomerations while getting further and further from the core proficiencies that made them successful in the first place. The expectation of growth is what typically drives the layoffs and the mergers. A company can be phenomenally successful in it's niche and it's stock will actually drop, unless they can project constant and unreasonable growth in their market.

There are a lot of companies that have had excellent stock gains, right to the point where they implode and everyone looses out, except of course the insiders.

Comment Re:Leverage the poor, whoever they are (Score 1) 274

That would be the same Communist revolution that forced China to industrialize in the first place? They were no great economic power before Communism either, in fact they spent quite a while as Europe's colonial bitch.

I think if the revolution hadn't happened, any revolution it didn't necessarily have to be Communist but it definitely needed to knock the status quo down, China would have become Africa 2.0

Comment Re:Leverage the poor, whoever they are (Score 1) 274

Most fortune 500 companies haven't paid taxes in the US since Reagan. From getting multi-decade tax abatements for moving from state to state to transferring all their profits to their foreign offices to avoid Federal taxes, they know every trick because they paid off Congressmen to write the tricks into the laws for them.

Comment Re:First post (Score 1) 274

Actually, the big differentiator is that American companies owe their older union employees the pensions they are contractually obligated to pay for, but the CEO's pissed all the pension funds away on failed buyouts in the 80's/90's. The CEO's that made those choices aren't even running the companies anymore, so the new guys are left holding the bag all the way around.

The foreign companies coming here are starting out with fresh labor forces that don't have that kind of drain on their resources.

Comment Re:First post (Score 1) 274

Yes, you can literally pay the executives nothing, because most executives earn most of their compensation through stock options. Which means they no longer care about the long term health of the company they are running, their only concern is their short-term stock options and their golden parachute when they bail out after running the company into the ground. Foreign companies don't give their executives anything close to the kinds of compensation American CEO's demand.

To top off the outrage, if the American CEO is a really special kind of a-hole executive, they'll arrange to buy up the company they just destroyed for bargain basement prices and sell off the pieces to other companies for a healthy profit!

You also might want to conceive of the fact that corporations have more responsibilities than just to efficiency & stock holders, despite how most try to downplay any such ideas, a company has responsibilities to it's community and it's workers too. There is nothing appealing about the notion of companies constantly roving the globe destroying their environments as they suck every last bit of profitability out of the populace before moving on to the next new cheap labor pool. It's funny how the great industrialists had more of a sense of community contribution than most modern CEO's.

Comment Re:Or we could just stop racing to the bottom (Score 3, Insightful) 274

Unions are as equally corrupt as the company management or the government, but why do only two of those ever get the scorn of anti-union people like you?

Most companies are run by CEO's with no loyalty to the company beyond what their stock options are worth, and will actively sabotage their operations if it will drive up their short-term stock prices. How is that sort of behavior better?

Comment Re:Who owns them? (Score 1) 474

DOCSIS 3.0 modems can carry gigabit data over coax. DOCSIS 3.1 is expected to be capable of multi-gigabit service. The cable ISP loves their tiers though, so they artifically limit your connection speed and tie that to a billing level. It has fairly little to do with what the hardware is capable of.

Comment Re:Pretty stupid reasoning (Score 2) 405

I'd challenge your perceptions there, because most self published ebooks on Amazon sell for 1/10th the cost of a publisher produced eBook. Yet there is a hungry market for books that they are serving, regardless of their warts and grammatical errors. Publishers, as they currently do business, are standing in the way of that market, in fact blatantly ignoring it for their own higher profit "established" authors.

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