[quote]pat wrote:
They can give bonuses from the money they earned not stole from the tax payers.[/quote]
Money is fungible. It doesn’t matter where it comes from.
[quote]LIFTICVSMAXIMVS wrote:
pat wrote:
They can give bonuses from the money they earned not stole from the tax payers.
Money is fungible. It doesn’t matter where it comes from.[/quote]
It’s not “fungible” if it’s my money.
Why are you posting in the threads again? You have already been embarrassed by me twice.
Why don’t you go take your theories and shove them up your ass.
[quote]Zap Branigan wrote:
Let them go. They are easily replaced.[/quote]
Yes they are easy to replace. Easy to replace with cheaper and hence not as skilled employees. Someone who demands a higher wage has to be better skilled and more profitable that his peers or he will be fired. So they can let them go and then they will go work for their competitors which will put them at a greater disadvantage.
Not all employees are created equal (and certainly neither are all Employers) and there is always a premium on the good stuff.
[quote]rainjack wrote:
LIFTICVSMAXIMVS wrote:
pat wrote:
They can give bonuses from the money they earned not stole from the tax payers.
Money is fungible. It doesn’t matter where it comes from.
It’s not “fungible” if it’s my money.
Why are you posting in the threads again? You have already been embarrassed by me twice.
Why don’t you go take your theories and shove them up your ass. [/quote]
Money is always fungible, especially if someone else has it.
Dude, get grip this is the internet. I am not embarrassed to be wrong once an a while. I would, however, be embarrassed to be your son. Give him a hug and tell him Lift says everything will be alright. He doesn’t need to turn out like his douchebag, old man.
…and you do not know economics so…what is it you say…?
Go color or something. Let the grownups talk.
[quote]LIFTICVSMAXIMVS wrote:
Money is always fungible, especially if someone else has it.[/quote]
Maybe to the person receiving it. Rarely to the person giving it up. This is very basic stuff, and you can’t even get that much right.
Being wrong every once in a while is one thing - but you are wrong on such a consistent basis, one could actually set their watch by that fact.
What does my son have to do with anything? I am sure he is more man than you could ever hope to be. But then again, he takes after me, so that is pretty much a given.
I am not a student of economic theory, but I actually participate in the process on a highly successful level. Give me real world knowledge over your bullshit theory any day.
[quote]LIFTICVSMAXIMVS wrote:
Zap Branigan wrote:
Let them go. They are easily replaced.
Yes they are easy to replace. Easy to replace with cheaper and hence not as skilled employees. Someone who demands a higher wage has to be better skilled and more profitable that his peers or he will be fired. So they can let them go and then they will go work for their competitors which will put them at a greater disadvantage.
Not all employees are created equal (and certainly neither are all Employers) and there is always a premium on the good stuff.[/quote]
In a corporate environment,ability is no guarantee whatsoever of superior renumeration or advancement.It has been my experience that being a good political animal is much more likely to lead to advancement than ability.So you can often get many highly paid individuals that are nowhere near as good as those they are supposedly ‘superior’ to.
So I agree with Zap,let them go.
[quote]rainjack wrote:
Maybe to the person receiving it. Rarely to the person giving it up. This is very basic stuff, and you can’t even get that much right. [/quote]
If you had a 5 $1 bills in your wallet and you needed $1 for a cup of coffee would you really care which bill you used to pay for it?
The essential feature of money is that one amount can be swapped for the exact same amount and it does not change the value. If it did it would not be fungible.
[quote]LIFTICVSMAXIMVS wrote:
Zap Branigan wrote:
Let them go. They are easily replaced.
Yes they are easy to replace. Easy to replace with cheaper and hence not as skilled employees. Someone who demands a higher wage has to be better skilled and more profitable that his peers or he will be fired. So they can let them go and then they will go work for their competitors which will put them at a greater disadvantage.
Not all employees are created equal (and certainly neither are all Employers) and there is always a premium on the good stuff.[/quote]
In every work place that I have been in, there have been plenty of people who are paid more than they are worth.
A cheaper employee isn’t always less skilled.
[quote]Neuromancer wrote:
In a corporate environment,ability is no guarantee whatsoever of superior renumeration or advancement.It has been my experience that being a good political animal is much more likely to lead to advancement than ability.So you can often get many highly paid individuals that are nowhere near as good as those they are supposedly ‘superior’ to.
So I agree with Zap,let them go.
[/quote]
I agree to an extent. Highly political minded people that are driven to succeed will float to the top. But these cases have to be very rare if a company expects to remain profitable. No company will put profits over cronyism – and if they do they will be punished. Protected industries like banking can get away with it much easier than others.
For most companies it is sometime far easier and more profitable to keep an employee and pay a giant raise or bonus than to have to find, hire, and train new talent. Luckily, they don’t need our opinion on the matter. They will decide it on their own.
[quote]Christine wrote:
In every work place that I have been in, there have been plenty of people who are paid more than they are worth.
A cheaper employee isn’t always less skilled.
[/quote]
I guess the only question you need to ask is how you would behave if you were an employer.
You don’t get to decide what other people are worth if it isn’t your company. But as an employee you get to decide what you think you are worth and try your darnedest to get it – even if it means going somewhere else.
[quote]LIFTICVSMAXIMVS wrote:
rainjack wrote:
Maybe to the person receiving it. Rarely to the person giving it up. This is very basic stuff, and you can’t even get that much right.
If you had a 5 $1 bills in your wallet and you needed $1 for a cup of coffee would you really care which bill you used to pay for it?
The essential feature of money is that one amount can be swapped for the exact same amount and it does not change the value. If it did it would not be fungible.
[/quote]
Then your stupid definition of fungible has no place in this discussion.
But everyone with a fucking brain already knew this but you.
[quote]rainjack wrote:
Then your stupid definition of fungible has no place in this discussion.
But everyone with a fucking brain already knew this but you. [/quote]
is you crazy? That is precisely the issue. How will anyone know which money is being spent?
Maybe I should have posed a different question.
What will provide us the best chance of at least getting some of the 700b back?
More gov’t envolvement in these companies, or letting them run the business.
Which is the lesser of two evils?
[quote]dhickey wrote:
Maybe I should have posed a different question.
What will provide us the best chance of at least getting some of the 700b back?
More gov’t envolvement in these companies, or letting them run the business.
Which is the lesser of two evils?[/quote]
Loan the banks the money at a healthy interest rate, and get the hell out of the way.
I don’t trust the government to run anything. They are a miserable failure at everything they touch. Look no further than AmTrak, or the USPS for proof.
[quote]LIFTICVSMAXIMVS wrote:
rainjack wrote:
Then your stupid definition of fungible has no place in this discussion.
But everyone with a fucking brain already knew this but you.
is you crazy? That is precisely the issue. How will anyone know which money is being spent?[/quote]
Maybe YOUR issue - but then again you don’t have any money.
Shut up and color.
[quote]dhickey wrote:
Maybe I should have posed a different question.
What will provide us the best chance of at least getting some of the 700b back?
More gov’t envolvement in these companies, or letting them run the business.
Which is the lesser of two evils?[/quote]
What more can the government do? They are powerless. Can they really force banks to lend this new money? The fed will probably have to push the interest rate to 0% and even what good will it do unless it is directed toward more viable productive means?
The answer seems simple in theory: save, invest, and produce more.
(I am putting in my early prediction to say the next big bubble will be in renewable energy – thanks in part to an all Democratic congress and an Obama administration.)
[quote]rainjack wrote:
but then again you don’t have any money.
[/quote]
Nope. I just play on the interwebz all day arguing with dickheads. Thank goodness my mom still loves me.
[quote]LIFTICVSMAXIMVS wrote:
rainjack wrote:
but then again you don’t have any money.
Nope. I just play on the interwebz all day arguing with dickheads. Thank goodness my mom still loves me.[/quote]
She’d love you a lot more if you would get a job and move out of her basement.
[quote]rainjack wrote:
She’d love you a lot more if you would get a job and move out of her basement. [/quote]
She told me she’d love me no matter what.
[quote]LIFTICVSMAXIMVS wrote:
dhickey wrote:
Maybe I should have posed a different question.
What will provide us the best chance of at least getting some of the 700b back?
More gov’t envolvement in these companies, or letting them run the business.
Which is the lesser of two evils?
What more can the government do? They are powerless. Can they really force banks to lend this new money? The fed will probably have to push the interest rate to 0% and even what good will it do unless it is directed toward more viable productive means?
The answer seems simple in theory: save, invest, and produce more.
(I am putting in my early prediction to say the next big bubble will be in renewable energy – thanks in part to an all Democratic congress and an Obama administration.)[/quote]
I would vote for medical industry. I don’t know if I would call it a bubble but the bottom will certianly fall out with the leftist majority and POTUS we are heading towards.