OT Big Science is broken

Discussion in 'Blazers OT Forum' started by Denny Crane, Apr 18, 2016.

  1. jlprk

    jlprk The ESPN mod is insane.

    Joined:
    Sep 25, 2009
    Messages:
    30,672
    Likes Received:
    8,852
    Trophy Points:
    113
    Occupation:
    retired, while you work!
    Coddle the criminal, coddle the criminal. You leftists can't stop your cradle-to-grave soft-hearted interference against the Mighty Will of God.
     
  2. jlprk

    jlprk The ESPN mod is insane.

    Joined:
    Sep 25, 2009
    Messages:
    30,672
    Likes Received:
    8,852
    Trophy Points:
    113
    Occupation:
    retired, while you work!
    1) The Sheriff of Nottingham Park hanged Robin Hood's friends when he caught them. They hunted animals which were owned by the King and his rich friends, according to the arbitrary legal system. Those damned liberals wanted free stuff. They wanted to use someone else's money...as defined by the evil legal system.

    3) As President, he plans to get his Justice Dept. to more rigorously enforce existing laws, and to get Congress to pass new laws. You ever heard of the American/European system before? Parliamentary democracy, all that stuff?
     
  3. oldfisherman

    oldfisherman Unicorn Wrangler

    Joined:
    Jan 18, 2015
    Messages:
    3,806
    Likes Received:
    5,493
    Trophy Points:
    113
    Location:
    Podunk suburbs
    I have been trying to understand how Bernie’s plan will work. He does a nice job of outlining what he wants to do, and how he will pay for it. On paper it all sounds great and reasonable. BUT.

    There is much Bernie is leaving out, or, does not understand about how the economy & business works. Here is my short outline of the results to Bernie’s plan if he gets his way.


    1) It will raise the % of payroll taxes everyone pays, including those making minimum wage. (minimum 2.4% payroll tax increase for individuals)

    2) There will be a huge loss of jobs. Many small companies will be forced out of business; larger companies will move more jobs to other counties.

    3) Not only will investments from inside our country decline, so will foreign investments. Even worse, foreign investors will demand the return of the money they have already invested in our country.

    4) As investment money in USA businesses declines, so will the money to invest in city, state and federal government bonds.

    5) The Companies that have not gone out of business or left for other countries will need to increase prices on their products and services to pay for Bernie’s plan.


    Short answer, Bernie’s plan does not work.
     
    Last edited: Apr 20, 2016
  4. jlprk

    jlprk The ESPN mod is insane.

    Joined:
    Sep 25, 2009
    Messages:
    30,672
    Likes Received:
    8,852
    Trophy Points:
    113
    Occupation:
    retired, while you work!
    Why don't you try figuring out how Cruz' plan will work. Or how Trump's plan will work. All candidates' goals, when subjected to analysis, would cost trillions. No one expects the goals to be fully carried out. Often they are thrust forward as negotiating planks, to be whittled down in negotiations.
     
  5. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

    Joined:
    May 24, 2007
    Messages:
    72,976
    Likes Received:
    10,655
    Trophy Points:
    113
    Occupation:
    Never lost a case
    Location:
    Boston Legal
    It is his problem, and more importantly, ours. It's going to put 241,000 people on the welfare roles as a bad side effect of his poorly thought out policy. That's more than you can afford.
     
  6. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

    Joined:
    May 24, 2007
    Messages:
    72,976
    Likes Received:
    10,655
    Trophy Points:
    113
    Occupation:
    Never lost a case
    Location:
    Boston Legal
    I don't coddle the criminal where there is no criminal or law that was broken.

    It's gestapo to make up a crime and then accuse and convict someone of that crime after the fact.
     
  7. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

    Joined:
    May 24, 2007
    Messages:
    72,976
    Likes Received:
    10,655
    Trophy Points:
    113
    Occupation:
    Never lost a case
    Location:
    Boston Legal
    New laws? Close the barn door after the cow escaped!

    Or the gestapo thing.

    I'm thinking you like the gestapo thing as you advocate it.
     
  8. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    122,812
    Likes Received:
    122,797
    Trophy Points:
    115
    Breaking up a bank into smaller financial entities doesn't mean you fire everyone.

    It is interesting that you now support Obama's bailing out the banks.
     
  9. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

    Joined:
    May 24, 2007
    Messages:
    72,976
    Likes Received:
    10,655
    Trophy Points:
    113
    Occupation:
    Never lost a case
    Location:
    Boston Legal
    I don't support Obama bailing out the banks (it was W, but who cares about facts?).

    Government should do no harm. A million jobs at these banks is just a wee bit of harm.
     
  10. jlprk

    jlprk The ESPN mod is insane.

    Joined:
    Sep 25, 2009
    Messages:
    30,672
    Likes Received:
    8,852
    Trophy Points:
    113
    Occupation:
    retired, while you work!
    Denny has often said that instead of the bailout, Obama should have let the banks fail (which would have called millions of middle class home mortgages into immediate full payback during the banks' bankruptcy proceedings, destroying the middle class).

    But now that a Democrat agrees with him, Denny flip flops and worries about bank employees being laid off if the banks subdivide. Imagine the tens of millions of people who would have lost their homes under Denny's pre-flip flop opinion...a lot more than the 1000 unemployed bank employees he claims to worry about now (out of the 241,000 who would be grandfathered into the new, smaller banks created from the old subdivided banks).
     
  11. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    122,812
    Likes Received:
    122,797
    Trophy Points:
    115
    It's nice to see you finally admit that, lol. For years you've had this weird obsession of blaming Obama for the entire deficit since the Clinton years.
     
  12. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    122,812
    Likes Received:
    122,797
    Trophy Points:
    115
    Denny is in one of his argue with everyone about anything spells. It's his way of celebrating that he finally got his taxes done.
     
  13. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    122,812
    Likes Received:
    122,797
    Trophy Points:
    115
    In Denny world "Big Science" is evil but "Big Banks" are our friends.
     
  14. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    122,812
    Likes Received:
    122,797
    Trophy Points:
    115
    And my work here is done, Denny will now post from multiple blogs and community college term papers showing that... what are you arguing about now again?

    I'll check back in a few hours.
     
  15. oldfisherman

    oldfisherman Unicorn Wrangler

    Joined:
    Jan 18, 2015
    Messages:
    3,806
    Likes Received:
    5,493
    Trophy Points:
    113
    Location:
    Podunk suburbs
    Hard to say how many, if any, jobs will be lost if the large banks are broken up.

    The only comparison I can think of was the breakup of AT&T phone system. The breakup did result in more competition in the phone business. However, I am not convinced the results prove the breakup was a good thing. There have been negative results.

    1) Personal services have been reduced. Many services that used to be included in the monthly bill now have fees.

    2) Not sure if jobs where lost or gained? However, the competition drove down the wages for some workers. Unfortunately, it was not the executives that took a pay cut, it was the majority of rank and file workers that are now making less.

    3) I am not convinced we are now paying less for phone service than we did before the breakup. It sure feels like I am paying more and getting less than before the breakup.
     
  16. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    122,812
    Likes Received:
    122,797
    Trophy Points:
    115
    I remember when the phone company would charge for long distance, 3 way calling, voice mail, call forwarding, caller ID. Any extra feature was an additional charge. All of these services are free.

    Not sure which services you are referring to.
     
  17. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    122,812
    Likes Received:
    122,797
    Trophy Points:
    115
    Phone service is way more cheaper now.
     
  18. jlprk

    jlprk The ESPN mod is insane.

    Joined:
    Sep 25, 2009
    Messages:
    30,672
    Likes Received:
    8,852
    Trophy Points:
    113
    Occupation:
    retired, while you work!
    If Ma Bell were still the only phone company, and owned half the homes in America until people finish paying off their mortgages decades from now, and demanded $800 billion from taxpayers or they would fold, taking all those home ownerships with them down the financial drain to their (probably Chinese) creditors, would taxpayers wish the company had been subdivided instead of handing over much of America to China?

    The $800 billion cost would greatly exceed any phone price increase or service decrease of which you speak. Actually, it'd be much more than $800 billion, since millions of non-mortgagees (e.g. a renter who works at a grocery store) would be out of work, too, since their work is to service the (newly bankrupt) mortgagees.

    America would be saying...THANKS, DENNY!
     
  19. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    122,812
    Likes Received:
    122,797
    Trophy Points:
    115
  20. oldfisherman

    oldfisherman Unicorn Wrangler

    Joined:
    Jan 18, 2015
    Messages:
    3,806
    Likes Received:
    5,493
    Trophy Points:
    113
    Location:
    Podunk suburbs
    Local rates actually increased after the breakup. Long distance rates did come down.

    The rest of your points where not available at the time of the breakup, so no Scooby treat for you.

    The free service I miss the most is talking to an operator and having them find a phone number for a person or company, especially out of state phone numbers.
     

Share This Page