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Frayed Ends: Business, Economics, and Tax Policy 3.0

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Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

http://www.cbsnews.com/news/overtime-pay-could-kick-in-for-millions-of-workers/

At first I thought this was crazy. "The whole point of being salaried is that you are guaranteed 40 hours of pay, sick time, vacation, etc. but you might have to work longer hours with no OT."

Then I saw the threshold and it was absurdly low. I have much less of an issue with this law. I'd also like to see some sort of a sliding scale so that the person who makes $52,000.01 doesn't get absolutely ****ed. Not sure how that would work but seems more fair and closes what I'll call the penny raise loophole.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

http://www.cbsnews.com/news/overtime-pay-could-kick-in-for-millions-of-workers/

At first I thought this was crazy. "The whole point of being salaried is that you are guaranteed 40 hours of pay, sick time, vacation, etc. but you might have to work longer hours with no OT."

Then I saw the threshold and it was absurdly low. I have much less of an issue with this law. I'd also like to see some sort of a sliding scale so that the person who makes $52,000.01 doesn't get absolutely ****ed. Not sure how that would work but seems more fair and closes what I'll call the penny raise loophole.

Welcome to one of the pitfalls of a progressive (or in this case, regressive) economic structure. No matter where you put the cliff, there will always be a cliff.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

Who's behind this? The Clintons? :eek:

Clintons may be powerful, but even they're not THAT powerful to combat old age. Although there have been studies to take brain matter and place it into artificial intelligence...
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

Who's behind this? The Clintons? :eek:

I wouldn't get too excited. His sons are probably chips off the old block.

Even though Murdoch is a troglodyte, if I ran Fox I'd run it exactly the way it is today. It's a machine to make money off stupid people, and there will never be a shortage of stupid people. That is a good business model.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

I wouldn't get too excited. His sons are probably chips off the old block.

Even though Murdoch is a troglodyte, if I ran Fox I'd run it exactly the way it is today. It's a machine to make money off stupid people, and there will never be a shortage of stupid people. That is a good business model.

Not getting excited, but I'm expecting a New York Times article any day now written with the help of anonymous sources that has Hillary's campaign blackmailing Murdoch into calling it a career or the IRS will be up his butt starting tomorrow. :eek: :D
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

I wouldn't get too excited. His sons are probably chips off the old block.
One of Rupert's kids was the guy behind the cell phone hacking of various celebs and pols over in England that got Rupert's media empire into such hot water a few years ago. Rupert didn't know about it, according to testimony, which is about the only thing that saved him from having his company torn asunder.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

One of Rupert's kids was the guy behind the cell phone hacking of various celebs and pols over in England that got Rupert's media empire into such hot water a few years ago. Rupert didn't know about it, according to testimony, which is about the only thing that saved him from having his company torn asunder.

I know. I'm saying even if all three Murdochs wind up in the cells next to Seth Blatter, anyone who runs FNC will run it for the whackadoodles. That's where the money is, and the sheep aren't going to fleece themselves.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

Ah, but I highly doubt she'll go after their plans for a cashless society. Every single person that depends upon their plastic is an accomplice in this scheme.

Yes, how dreadful that people can walk down the street with thin wallets! They wallow in knowing that if they get mugged, they might lose $50 instead of $150 or more.
 

Somewhere William Jennings Bryan is smiling..

The Cross of Gold speech for those who missed it..
http://www.historicalvoices.org/earliest_voices/display.php?person=William Jennings Bryan

There are two ideas of government. There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them. You come to us and tell us that the great cities are in favor of the gold standard; we reply that the great cities rest upon our broad and fertile prairies. Burn down your cities and leave our farms, and your cities will spring up again as if by magic; but destroy our farms and the grass will grow in the streets of every city in the country.

Liz, Liz. Go for it. Deliver a 21st century equivalent of the "Cross of Gold" speech. Surely, you will divide the Democratic party and possibly hand the election to the GOP. But the country will be better for your speech than if you sit the convention out.
 
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Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

Yes, how dreadful that people can walk down the street with thin wallets! They wallow in knowing that if they get mugged, they might lose $50 instead of $150 or more.

They might not get mugged on the street, but all you have to do is get account particulars with a skimmer on a self-service kiosk and steal the money that way.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

Minnesota #2 in Fortune 500 companies per capita. That butt hole of a governor is so antibusiness.
 
Re: Frayed Ends: Business, Economics, and Tax Policy 3.0

Minnesota #2 in Fortune 500 companies per capita. That butt hole of a governor is so antibusiness.
Oh really? Minnesota has 17 Fortune 500 companies. Two years ago they had 19, and last year they had 18. As noted in this article, the reason it's declining is that companies are either selling out to companies located elsewhere, or transferring their headquarters to places like Ireland.

And, as an FYI, all the Fortune 500 companies in Minnesota pre-date Dayton's terms as governor by, in most cases, decades if not centuries.
 
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