The Current State of the World thread

I’m trying to sir… I know that. But there are so many conflicting stories. With what I’ve learned recently I have a distrust for mainstream media, so I really don’t know.

LULz, I knew America invaded Iraq because of the change of currency Saddam was planning but this???

WOW E.Plumbus based God, you have just.

You just made me face palm in public.

Why am i not surprised…:shake: :shake:

Senate is voting along party lines and doesn’t want to make Obama look good at all. So what else is new.

Let’s all just vote for Ron Paul. At least he will end the fed, which needs to go. And he’s not as moronic as the republicans, or as slow paced as Obama.

One of my former professors posted this on Facebook. In addition to teaching, he’s also a business owner.

good, I think you’re giving the American citizen’s average intelligence too much credit. I think we would more-so have a full on race war while the wealthy skedaddled, cackling on the way out.

On US jobs

Its pisses me off that certain jobs and fields require so much experience to get into
I was looking at Razer and they’re asking fro 5 years this, 8 years that. I was pretty demoralized at what you need to be able to get a “real” job

Nothing is going to get done in the federal or state levels when the dudes in the chairs mostly only care about what party the plan is coming from.

Exactly it’s about sales. And that’s why there’s so much advertising to push people into over consumption. There’s bubbles everywhere, and the reason why business owners are noticing less sales, is because when the economy is down people need to save their money only for what they need. Their money doesn’t go as far because of inflation.

The economy needs over consumption in order to function at the level it is accustomed to functioning on. So I guess the job market isn’t going to change much, it’s just going to get worse.

The whole entire system is fundamentally flawed though. It promotes profits by controlling scarcity, instead of focusing on efficiency, sustainability, and creating abundance. That’s why we see such slow paced advancement of technology, like how most vehicles are still running on gas when there is so many types of clean energy that should be developed and used. But that would mean less profit for the oil companies… That’s why computer companies release new models every few years, instead of creating technology that is designed to last and upgrading every 10 years. And that’s why vehicles aren’t designed to last, they’re designed to maximize profits and break down so you need a new car every few years. They don’t care how much waste they produce, they’re in it for $$$.

Obama’s announcement

Spoiler

[media=youtube]GnbRAy5wG9I[/media]

In my Communication in Organizations class, we went over Critical Theory. We talked about Karl Marx and it’s kind of ridiculous the pay difference between people within the same company working towards the same goals and no one questions why the people at the top get paid so much more than everyone else, just shrug it off and accept it as that’s the way it is (hegemony).

idk about not questioning it. It’s more of a “there’s nothing you can do” kind of thing. Traditional businesses aren’t democracies they’re dictatorships. You give up your rights (most of them) willingly for the duration of the time you are at work. There are alternatives types of business structures though.

I’m not sure if business structure is the correct word though.

wow…where to begin. Well, first off, I’ve heard lots of very smart people say the same thing as your professor. For instance, Mark Cuban wrote a big post on his blog saying the same thing-raising taxes won’t hurt ANY business. I guess you could say he’s some what of a hero figure to me, but i still gotta laugh and be like “really?” lolz okay!!! Comments like that really confuse me. Not so much their message- everybody has to game the system to a certain extent-but the fact that anybody would actually believe there message. To all the people on SRK who have ever been to an arcade, please read this little webpage. http://gamepolitics.com/2009/01/15/illinois-village-taxes-arcade-out-business Nothing really special about that webpage; there’s lots of other similar webpages describing the same phenominon.

Let’s say I want to start an arcade. I’ve got a big collection of obscure arcade games and want to put them to good use. I plan on having around 50 arcade games. I know that my big money makers-ddr, sf4, etc- are worth the fee but a lot of my other games probably aren’t worth it. For example, a lot of the people who frequent my arcade may like KOF games, but they’ll only probably spend a few dollars here and there on the games. Should I open up my arcade with 50 arcade games? Hell no, I’d go bankrupt. The taxes would cost too much. Here’s a bold contraversial question. Would there be more arcades if taxes/fees on arcade machines were reduced? think about that for a minute…


Of course, when people talk about creating jobs by lowering taxes they’re usually not talking about arcade fees. Most of the time, people are talking about the taxes on dividends for rich people, which are currently around 15%. One thing that surprises me, is that most people think the vast majority of companies are public companies that pay dividends. lol If i had to guess, I’d say something like 5% of companies are public and pay dividends, the vast majority are private companies run through banks. The whole process is similar if one of us went to the bank and got a loan-they have to pay interest payments, if they go bankrupt all their assets get taken and they might get sued, etc.

Good thing about public companies, is the company almost never has to pay interest loan payments. Therefore, they can take chances and have freedom. Also, if the company goes bankrupt, the company has limited liability- they usually don’t have to pay anything back to the people who bought the stock. That’s absolutely fantastic for the company, but is SUPER risky for the people who buy the stock. Factor in the fact that most companies go bankrupt, it’s amazing to me anyone is brave enough to invest in anything at all. With a 15% tax rate for rich people (zero percent for people like me BTW) i can kinda see justify taking the risk. But at a 45% rate before, plus the fact that all the income was already taxed at the corporate rate before.

Let’s go back to the arcade example before. Let’s say I -Mr. Intangiblz- show up to your door step and ask for 10,000 dollars to invest in my arcade company. I won’t have to pay any interest payments to you, and if I go bankrupt, you’ll most likely get virutally nothing. Plus I gotta pay all sorts of taxes for fees, then operating income, plus any money I do give you, you have to pay a 45% tax rate on (if you were rich). Would you do it? lolz You’d probably tell me to get lost.

If your economy already has lots of rich corporations employing lots of people, raising dividend taxes would make sense. Yeah, i’ll admit that. However, if you want more corporations to be formed, lowering the dividend tax will most likely create more jobs. To be perfectly honest, if you ask me, lowering the dividend tax will also lead more rich people to spend, and basically waste, there money on corporations that will never pay back their initial investment, which is good in my book, but that’s a completely different story all together.

Mr X I will try to remember to pm a link to you later

http://freedom-pictures.com/images/ron-paul-2012.jpg

Mr X, this is the video I was going to PM you. It’s basically a video discussing exactly how the corporations make shitty products, or ones that require constant upgrading, in order to make more money, and how they hire people to design their products to fail after a short amount of time:

[media=youtube]gLBE5QAYXp8[/media]

May I ask what school this is?

Tides’ ‘the story of stuff’ video, huh.
great.

This is like what I just said a few posts back. Corporations are driven by profits. The capitalist system is fundamentally flawed. I would be okay with the Austrian school approach of capitalism, but what would be even better than that is an entirely new system. One not based on competition, but based on cooperation. One that doesn’t create scarcity, but creates abundance (of clean sustainable energy, of food and other necessities). One that doesn’t encourage bad values like greed and ignorance.

I saw that video in my human geography class when we’re talking about globalization.

I attend SUNY University at Buffalo. The COM class and GEO class are electives, I’m a marketing student.

Also, USA is one of the last or the last more developed countries that don’t have some form of universal health care. Any country without it is a lower developed country.