New Business Failures

[anon50325502]

@pfury

Wait til he finds out co ops aren’t all that uncommon with lending institutions. And that they were just as “helpful” back before 07 as non co op lenders were.

Ya, I mentioned that a few days ago. No response, of course.

[anon50325502]

@anon50325502

@Zeppelin795

So if you own 100,000 shares vs. 10,000 you have far more voting power.

Why is that a bad thing?

Why should a person who is less invested in a business have the same say in how it’s run as someone more invested in the business?

Why should the janitor have the same say in how the business is run as the COO?

No comment, shocker.

[anon50325502]

@anon50325502

For example, co-ops operate in certain industries, generally, one of which is the banking industry, but you started this thread in an attempt to bash banking for not loaning enough capital to small businesses. So, co-op banking is part of the problem as they failed to adequately fund start-ups too, right?

No comment, shocker

[anon50325502]

#socialism but it’s never been tried in it’s true form…

Hungry Venezuelans break into Caracas zoo and butcher a horse

[norse84]

[SkyzykS]

@Zeppelin795

Your ignorance is on display again for all to see, but then again you’re in good company as most posters on here share in your ignorance. I guess it’s no wonder people on here are not extremely embarrassed of their posts.

Hey! Speaking of ignorance, you read any good little tidbits about your favorite subject lately? Like, something that happened yesterday maybe?

Surely you’ve read something about that.

[dt79]

@anon50325502

This is the amazing thing. He thinks the government will just pull funding from the magical money tree and give it to co-ops. Of course, the rest of us understand “the people” will be forced to fund the “superior economic model” that is the co-op because… who the fuck know what his reasons are really?

Yeah he also seems to think co-ops will have an endless supply of funds coming in simply by virtue of their organizational and wage structure.

Actually, I don’t even know what he’s thinking. I ask him about profit vs loss and all I get is, “Corporations dump toxic waste! Pharma limits choice! Profit at all costs makes people suffer! One member one vote!”.

I don’t even think he knows what a co-op really is or that co-ops have several business models. Or that they are subject to the laws of demand and supply like every other company. This guy simply hears Chomsky saying good things about co-ops and decides they must be the bestest thing ever.

@anon50325502

How the fuck can you trust them to know what’s best for business?

Just another Zep inconsistency I’m afraid. The DHHS/FDA haave been taken over by the corporations so lets put them in charge of health insurance.

Capitalism has “bought and bribed” politicians so lets let them chose who to fund and who not to fund as long as they’re co-ops (as if that will make a difference).

This man-child lives in a fantasy world that has never and will never exist.

Exactly. He doesn’t understand these things because he is not educated(formally nor informally) in the fundamentals. All he’s doing is parroting things on multiple topics he reads from whatever left or whatever wing media he’s into. He can’t reconcile all these things when made to view them as a whole.

[dt79]

@anon50325502

Why is that a bad thing?

Why should a person who is less invested in a business have the same say in how it’s run as someone more invested in the business?

Why should the janitor have the same say in how the business is run as the COO?

Can you imagine setting up a company with zep with equal shares and having a board meeting with him?

“Profits are down this quarter. We need to cut costs and maximize sales revenue from…”

Zep: “Maximizing profits at all costs causes the public to suffer!”

“Yeah but the new entries into the market are undercutting our prices…”

Zep: “Capitalism is eating itself!”

“They’re spending a lot on advertising. We may need to step up our…”

Zep: “Like the fast food industry so they can sell their garbage food to the public! Shameful!”

“Oh for fuck’s sake. Just tell us if you have any idea on how to get an edge on the recent competition.”

Zep: “Like big pharma limiting choice and prolonging the suffering of the public?”

“No… what the fuck does pharma have to do…”

Zep: “Corporations! I told you we should have started a co-op! Workers own the means of production!”

“We already own the fucking means of production! Equally! How do we keep afloat and pay your fucking salary if we don’t increase profits?”

Zep: “Profit maximization at all costs at the expense of the public! Capitalism! There’s your personal Jesus! Capitalism is eating itself!”

[anon50325502]

Lol!

[Basement_Gainz]

Anyone who goes into business with Zep gets what they deserve.

[Zeppelin795]

Couldn’t possibly the brainwashed dolts on here who suck up propaganda like it’s there last meal.

[Zeppelin795]

Yes, too bad it’s never been answered. I know YOU think that saying I don’t care is an answer. But it’s only proof that you don’t have one. Totally busted!

[pfury]

@Zeppelin795

Couldn’t possibly the brainwashed dolts on here who suck up propaganda like it’s there last meal

Says the affiliate link alt left anti vaxxers on the forums. The guy who hates big business yet exclusively supports big business.

[Zeppelin795]

@dt79

The debate was whether co-ops need to do business with the goal of maximizing profits

And when this goal runs into suffering of the public what should be done? Quit tap dancing around the issue.

@dt79

Who’s money is being used for this subsidized loan? Why should they have to pay for it?

The government. You don’t believe they should have to pay for the loan?

@dt79

Also, when the government gives you something, they will take something back

Like interest.

@dt79

It’s not a good idea to take something from the government even if it’s for short-term benefit.

Then where do you suppose they get the funds to start the Co-Op?

@dt79

They can’t even build a case to enforce the fucking law against several errant corporations.

Because they are bought by the corporations. It’s called corporate capture. Nice oligarch we have here and fascist government.

[pfury]

@Zeppelin795

And when this goal runs into suffering of the public what should be done? Quit tap dancing around the issue.

What should be done when co ops let the public suffer for profits (they do now)?

[Zeppelin795]

@anon50325502

I sure as shit don’t want Congress deciding what businesses I invest in

How about the banks? Ha, ha, ha…

[Zeppelin795]

@anon50325502

The DHHS/FDA haave been taken over by the corporations so lets put them in charge of health insurance.

You can give up if you want to, that is your choice.

@anon50325502

Capitalism has “bought and bribed” politicians so lets let them chose

Do you deny that a government by and for the people would be different or do you just deny that this is impossible to attain?

@anon50325502

man-child lives in a fantasy world

Yes, your free-market fantasy. Where the market-whatever that is supposed to mean-knows all. Keep the system we have as it is working out so well.

[Zeppelin795]

@pfury

He thinks the government will just pull funding from the magical money tree and give it to co-ops

I guess they will get it from the same place they are for fighting all these wars. But instead of killing innocents, they will use the money to help people-gasp!

@pfury

Profits over people is fine as long as the workers are voting to put profits over people (and they always will, duh

No they aren’t. And do you have any proof that Co-Ops are hurting the public for profit maximization like the pharma industry. What is the comparison of the hurting of the public between Co-ops vs. big private corporations?

[pfury]

@Zeppelin795

And do you have any proof that Co-Ops are hurting the public for profit maximization like the pharma industry. What is the comparison of the hurting of the public between Co-ops vs. big private corporations?

Co ops we’re (and still are) popular in the lending industry. They were just as involved in predatory lending practices as all the other guys pre housing crash. They still lend today the exact same way big business does.

And of course they’ll always vote for more profits. More profits means they can vote to give themselves a raise. It’s pretty basic

[Zeppelin795]

@anon50325502

Why is that a bad thing?

Why should a person who is less invested in a business have the same say in how it’s run as someone more invested in the business?

Co-Ops are more egalitarian and have far more less of a chance of the attitude profits at any expense. When the operation is met by those who are directly affected by the decisions it is met with a conscious. Do you think Co-Op workers would vote to have their jobs shipped overseas? But upper-level management doesn’t care and does this frequently. They ae primarily interested in accumulating more, even though they have more than enough. But it is never enough.