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Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

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Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

one purpose of a union is to exert a force greater than the sum of its parts...federal employee unions alone have over 1 million members, they aren't making minimum wage, they vote 90+% democratic and they spend billions in lobbying and other political activities.

If the democrats ever dared say anything other than "yes, may I have another" when the unions make demands, they would be in for far more than just the loss of votes.

Why are there federal employee unions? sweat shops? workplace death and dismemberment? cattle yards? company goons beating them up? Subpar pay and benefits?

That last one is the greatest joke....look up what the quit rates are for private and public jobs...and what the average total comp is for a federal employee...its a miracle any quit.

Pirate just to be clear I don't have a dog in a union fight. I don't know anybody in a union, my industry isn't unionized and as I said they have little impact in Democratic politics. Right now in Mass there's a union backed Congressman running against an old time one for the Senate race, and the union backed one's odds aren't that good...in Massachusetts in a Democratic primary.

As far as federal workers go, all workers should be free to unionize if they choose. I imagine the big appeal is job security in exchange for paying your dues. On the federal level, one would think you'd unionize in order to not get fired every time the administration changed. Weren't conservatives trying to elevate the travel office dismissals when Clinton came into office as an impeachable offense? I recall several Congressional investigations over it just to use an example.

However, all of this union busting strikes me as a contest to see who's the tallest midget. Its like bragging about kicking @ ss in Grenada during that invasion. I mean really, what passed for an accomplishment here? If you truly believe the anti-union arguments or if unions wronged you during your career then that's cool as everybody's opinion is as good as the next one. However I feel far too many rigthies think that busting unions is somehow key to stopping Democrats from winning in their state. If that's the case then someone has sold you a bum steer. Unions can't even stop right to work legislation from passing in what I believe is the most unionized state. Does anybody seriously think they have anything to do with the Dems carrying Michigan in the last 6 Presidential elections, often by double digit margins?

So, as far as the Fishy of the world and sadly yourself implying that the Democratic party is doing anything and everything the unions want and generating some sort of payoffs, my question back is "why"? On the list of entities the Dems would be rewarding, unions are way down on the list. Yeah, they donate 50M which isn't chump change..until you consider Obama raised a billion dollars and the national committees another 500M. Obama also has his own door to door GOTV operation on a national scale. Really, this GOP effort to defeat unions is like saying you'll weaken the United States militarily if you conquer Switzerland. My take is that the Dems are happy for union help but its not worth it to go out of their way to prop them up so they're left to their own devices.
 
Pirate just to be clear I don't have a dog in a union fight. I don't know anybody in a union, my industry isn't unionized and as I said they have little impact in Democratic politics. Right now in Mass there's a union backed Congressman running against an old time one for the Senate race, and the union backed one's odds aren't that good...in Massachusetts in a Democratic primary.

As far as federal workers go, all workers should be free to unionize if they choose. I imagine the big appeal is job security in exchange for paying your dues. On the federal level, one would think you'd unionize in order to not get fired every time the administration changed. Weren't conservatives trying to elevate the travel office dismissals when Clinton came into office as an impeachable offense? I recall several Congressional investigations over it just to use an example.

However, all of this union busting strikes me as a contest to see who's the tallest midget. Its like bragging about kicking @ ss in Grenada during that invasion. I mean really, what passed for an accomplishment here? If you truly believe the anti-union arguments or if unions wronged you during your career then that's cool as everybody's opinion is as good as the next one. However I feel far too many rigthies think that busting unions is somehow key to stopping Democrats from winning in their state. If that's the case then someone has sold you a bum steer. Unions can't even stop right to work legislation from passing in what I believe is the most unionized state. Does anybody seriously think they have anything to do with the Dems carrying Michigan in the last 6 Presidential elections, often by double digit margins?

So, as far as the Fishy of the world and sadly yourself implying that the Democratic party is doing anything and everything the unions want and generating some sort of payoffs, my question back is "why"? On the list of entities the Dems would be rewarding, unions are way down on the list. Yeah, they donate 50M which isn't chump change..until you consider Obama raised a billion dollars and the national committees another 500M. Obama also has his own door to door GOTV operation on a national scale. Really, this GOP effort to defeat unions is like saying you'll weaken the United States militarily if you conquer Switzerland. My take is that the Dems are happy for union help but its not worth it to go out of their way to prop them up so they're left to their own devices.

You said, among other things, that unions didn't matter because they are full of old white people (why do you hate white people, btw). I'll wager you a decent sum that the federal employees union, most service unions etc. are anything but full of old white guys.

It was my understanding you also implied unions didn't matter politically. They contribute more than $50M and they also spend a bit of dough on campaigns designed to ensure their members vote as they are told. My point was that the unions hold far more sway than their numbers.

Most of us are willing to admit the NRA carries far more impact than their numbers indicate, same for right wing Christians, I'm sure you would agree.

But since the unions vote your way you fail to recognize they have the same capability to influence far beyond the numbers of any one union or the reported $$ they contribute.

You whine about companies lobbying and having disproportionate impact but swear unions can't and don't. You need to wake up and smell what you are shoveling.

You are 2 posts away from channeling Hillary and her vast right wing conspiracy mantra. And then your so called Rover Nation ( I can't believe an adult actually typed that and meant it) will be firmly entrenched in the "too far gone" category.
 
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Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

one purpose of a union is to exert a force greater than the sum of its parts...federal employee unions alone have over 1 million members, they aren't making minimum wage, they vote 90+% democratic and they spend billions in lobbying and other political activities.

I'm not a supporter of unions in most cases. But corporations are always exerting forces greater than the sum of their parts via special interest groups and trade associations. Rank and file workers typically do not have the same advantage.

For the relative advantage of corporations over employees look at their respective positions on this list of lobbyists. Only 3 on the list appear to be unions. Excluding those three, 38 of 47 give more to the GOP than the Dems.

http://www.opensecrets.org/industries/mems.php
 
I'm not a supporter of unions in most cases. But corporations are always exerting forces greater than the sum of their parts via special interest groups and trade associations. Rank and file workers typically do not have the same advantage.

For the relative advantage of corporations over employees look at their respective positions on this list of lobbyists. Only 3 on the list appear to be unions. Excluding those three, 38 of 47 give more to the GOP than the Dems.

http://www.opensecrets.org/industries/mems.php

Ok, that is a list of who lobbies incumbent members of congress. Likely not a completely different list than total lobbyists but I would make one comment from even this info...interesting that the cuts in government the D's always want come in what sector of the government? Where have recent federal net job reductions been? Defense.

I would suggest there's plenty of cuts to be made in defense...but why don't they look beyond defense more rigorously? Not solely the cozy relationship between the unions and the democrats but none of these actions are the result of one thing only.

Business would need more lobbyists, right or wrong there is always something going on in DC that imperils or benefits business. Maybe federal unions don't need to lobby as much because they are untouchable.

Just a thought.
 
You said, among other things, that unions didn't matter because they are full of old white people (why do you hate white people, btw). I'll wager you a decent sum that the federal employees union, most service unions etc. are anything but full of old white guys.

It was my understanding you also implied unions didn't matter politically. They contribute more than $50M and they also spend a bit of dough on campaigns designed to ensure their members vote as they are told. My point was that the unions hold far more sway than their numbers.

Most of us are willing to admit the NRA carries far more impact than their numbers indicate, same for right wing Christians, I'm sure you would agree.

But since the unions vote your way you fail to recognize they have the same capability to influence far beyond the numbers of any one union or the reported $$ they contribute.

You whine about companies lobbying and having disproportionate impact but swear unions can't and don't. You need to wake up and smell what you are shoveling.

You are 2 posts away from channeling Hillary and her vast right wing conspiracy mantra. And then your so called Rover Nation ( I can't believe an adult actually typed that and meant it) will be firmly entrenched in the "too far gone" category.

pirate you get a gold star for misreading posts. I didn't say unions don't matter in Dem politics, I said they had little impact. That's not the same thing. Problem with unions is that other forces in the party have replaced what they used to do to punch above their weight (GOTV and fundraising for example).

Next, I have no complaints about corporate lobbying. Lobbying is vastly overrated, because if corp's were all powerful why have Dems won 4 out of the last 6 elections? You've confusing me with someone else.

Lastly, I'm saying the Rover Nation stuff in jest so stop being such a humorless stiff (like far too many conservatives. Are there any fun-loving Reagan types left amonst conservatives or all you all Glenn Beck-apocalypse types?). I'd suggest alcohol to take off that hard edge of yours...
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

Next, I have no complaints about corporate lobbying. Lobbying is vastly overrated, because if corp's were all powerful why have Dems won 4 out of the last 6 elections? You've confusing me with someone else.

Hang on a second there, Grover. You're only assuming that the corporate execs are lobbying to the right. If you take a close look at the donations (I cannot name specifics due to CoI), you'll notice that a number of them have been giving to the Dems, especially in certain sectors. Don't hide behind Occupy's blinders. ;)
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

Hang on a second there, Grover. You're only assuming that the corporate execs are lobbying to the right. If you take a close look at the donations (I cannot name specifics due to CoI), you'll notice that a number of them have been giving to the Dems, especially in certain sectors. Don't hide behind Occupy's blinders. ;)
Large corporations have a huge vested interest in more government regulations, and it's often in support of them - so long as they're the ones that help that company. Greater regulations generally create large entrance barriers for new companies trying to join the market, ultimately reducing the number of players. A good 10 years ago, when Wal-Mart was looking into creating its own bank in order to start its own credit card business, they abandoned the project due to what the company decried as "excess regulation." They've since entered the market, but in a different way, using an established party and signing a deal for a card to be used in their stores exclusively.
 
Hang on a second there, Grover. You're only assuming that the corporate execs are lobbying to the right. If you take a close look at the donations (I cannot name specifics due to CoI), you'll notice that a number of them have been giving to the Dems, especially in certain sectors. Don't hide behind Occupy's blinders. ;)

No doubt the left and right both have their lobbyists. My point is people make too much of them. Yes they have considerable influence but occasionally circumstances overtake that.
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

No doubt the left and right both have their lobbyists. My point is people make too much of them. Yes they have considerable influence but occasionally circumstances overtake that.

Fair enough. Just like sports, you can throw down as much money as you want for star players, but unless you can coach them well, they're not going to be able to do much. I think the concern addressed by the poster, though, is in relation to bribery and paying off constituents.
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

An excellent essay today by Dr. E. Fuller Torrey of the Treatment Advocacy Center on how the chronically mentally ill, those who most need help, are not receiving it and have not received it for the past 50 years either.

Approximately half of the mentally ill individuals discharged from state mental hospitals, many of whom had family support, sought outpatient treatment and have done well. The other half, many of whom lack family support and suffer from the most severe illnesses such as schizophrenia and bipolar disorder, have done poorly.

According to multiple studies summarized by the Treatment Advocacy Center, these untreated mentally ill are responsible for 10% of all homicides (and a higher percentage of the mass killings), constitute 20% of jail and prison inmates and at least 30% of the homeless. Severely mentally ill individuals now inundate hospital emergency rooms and have colonized libraries, parks, train stations and other public spaces.

....

Nor is President Obama likely to do anything, since his lead agency, the Substance Abuse and Mental Health Services Administration, has essentially denied that a problem exists. Its contribution to the president's response to the Dec. 14 Newtown tragedy focused only on school children and insurance coverage. And its current plan of action for 2011-14, a 41,000-word document, includes no mention of schizophrenia, bipolar disorder or outpatient commitment, all essential elements in an effective plan for corrective action.

The evidence is overwhelming that this federal experiment has failed, as seen most recently in the mass shootings by mentally ill individuals in Newtown, Conn., Aurora, Colo., and Tucson, Ariz. It is time for the federal government to get out of this business and return the responsibility, and funds, to the states. [emphasis added]
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

So it looks the federal government is thinking about getting into to the business of "helping us manage our retirement accounts".

http://www.bloomberg.com/news/2013-...ounts-draw-u-s-consumer-bureau-attention.html

So they are worried those companies are going to scam Americans? Or do they want the public to think they will be scammed unless the CFPB is given even more unchecked power and money? Now they want to duplicate effort with the SEC? Can't see any wasted money in that plan.

So, the government controls education but can't educate anybody about personal finance, they regulate banks and the like but can't seem to prevent catastrophic issues much less day to day problems so then they create an agency that expands government to be "america's police force" on personal finance scams? What's next? The agency of ditchdigging and the agency of filling in all these **** holes? They both probably already exist.

...because you need protection from everybody but the government, trust them. and pay them.
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

So they are worried those companies are going to scam Americans? Or do they want the public to think they will be scammed unless the CFPB is given even more unchecked power and money? Now they want to duplicate effort with the SEC? Can't see any wasted money in that plan.

So, the government controls education but can't educate anybody about personal finance, they regulate banks and the like but can't seem to prevent catastrophic issues much less day to day problems so then they create an agency that expands government to be "america's police force" on personal finance scams? What's next? The agency of ditchdigging and the agency of filling in all these **** holes? They both probably already exist.

...because you need protection from everybody but the government, trust them. and pay them.

They do exist. It takes three people to plant a tree along the highway: one to dig the hole, one to plant the seeds, and one to fill the hole. If the seed planter is sick, they'll still dig and fill in the hole.
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

OMG, Its the return of the....OUTRAGE OF THE DAY!!!!! I'M SO ANGRY! ARRRRRRRGGGGGHHHHHH!!!!!


pirate/Flaggy - was that sufficient?
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

The more the government tries to "protect" us, the worse off we often become, due to those "unintended consequences" that these supposed "geniuses" never seem to anticipate....

More and more, the best investments are no longer available to regular people. Back in the late 1980s, a person could buy into an oil drilling partnership with "only" a $5,000 minimum. Several years later, the minimum was raised to $50,000, due to regulatory concerns.

Back in 2002, Congress passed the Sarbanes - Oxley Act to "protect" shareholders at public companies, and so many companies decided either not to go public after all, or to take a public company private.

Now, in 2012,

A tectonic shift is under way in how companies raise money—and it will have a profound impact on U.S. investors and markets. According to the Securities and Exchange Commission's most recent estimates, businesses have been raising more funds through private transactions than through debt and equity offerings registered under the securities laws and offered to the general public.

Overall public debt and equity issuances fell by 11% between 2009 and 2010, to $1.07 trillion, while private issues rose by 31%, to $1.16 trillion....U.S. securities laws have a private-market exemption, called Regulation D, that allows companies to sell securities to accredited investors with high net worth (essentially more than $1 million excluding a home). The exception means the companies don't have to go through the SEC's costly and time-consuming registration and reporting requirements for public offerings.

... the securities laws have also banned general solicitations for these private-market offerings—and Title II of the JOBS Act lifts this ban. This means that a company, investment fund or seller now can publicize its offerings via the Internet or traditional advertising media, as long as the ultimate investors are accredited or qualified institutional buyers.

One of the most significant advantages that public markets have held over private markets is the ability to generate substantial market liquidity by advertising to a wider public. Once the SEC implements the legislation, that advantage will gradually fade away.

....

We anticipate a paradigm shift in how companies raise money, as they increasingly shun the highly regulated, costly and volatile public markets in favor of now deeper and more efficient private markets. This could be a boon for capital formation.

But it could also mean fewer investment opportunities for the general public. The most promising companies may delay or never file IPOs and instead seek capital on private exchanges not accessible to those who don't qualify as accredited investors—which is 97% of the U.S. population. Meanwhile, novice accredited investors may be bombarded with solicitations for private placement opportunities, without some of the regulatory oversight provided in public markets. [emphasis added]


So another law passed by Democratic Senate and signed by Democratic President turns out to favor the rich and well-connected. Gee.
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

Ummm..can I ask you knuckledraggers something. If the economy is adding jobs, the stock market is near all time highs and the deficit is going down by hundreds of billions of dollars, doesn't that mean a funny thing has happened on the way to the apocalypse that you're all predicting?
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

Ummm..can I ask you knuckledraggers something. If the economy is adding jobs, the stock market is near all time highs and the deficit is going down by hundreds of billions of dollars, doesn't that mean a funny thing has happened on the way to the apocalypse that you're all predicting?

Please demonstrate, using actual numbers, how "the deficit is going down by hundreds of billions of dollars".
 
Please demonstrate, using actual numbers, how "the deficit is going down by hundreds of billions of dollars".

The Congressional Budget Office analysis said the government will run a $845 billion deficit this year, a modest improvement compared with last year's $1.1 trillion shortfall

http://www.cnbc.com/id/100436065

Asked and answered.
 
Re: Strands in the Tapestry: the Business, Economics, and Tax Policy Thread

The Congressional Budget Office analysis said the government will run a $845 billion deficit this year, a modest improvement compared with last year's $1.1 trillion shortfall

http://www.cnbc.com/id/100436065

Asked and answered.
Doesn't that mean 845 billion was added to the deficit? Nice try
 
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