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How to subtly tax the consumers and promote inefficiency in business: TARIFF

Filed under: business, commentary, political — Tags: — taewoo @ 9:39 pm September 14, 2009

Tariff sucks. Tariff sucks. Tariff sucks.

In case, you didn’t get the point… tariff sucks.

Obama and the business Mafia labor unions managed to screw up once again:

As China and some American companies denounce President Obama’s decision to impose tariffs on Chinese tires, the Obama administration can take solace that at least one important Democratic constituency is enthusiastically applauding the move.

At the A.F.L.-C.I.O. convention in this city haunted by the ghosts of shuttered steel mills, Thea Lee, the labor federation’s chief economist, praised Mr. Obama’s decision, saying it would help preserve American manufacturing. She said a surge in Chinese tire exports had contributed to the shutdown of several American tire factories and the loss of thousands of jobs.

Yes, Mr. Obama. Please, tax the shit out of middle class. Maybe one day they’ll cheer and vote for you in upcoming elections.

Dude, WHY?

Who pays for the tariff? The MIIDDLE class. Who’s getting the benefit here? The aging US manufacturing business that cannot compete with China? The employees of these tire companies? Tax the rest so that the few, againg, industrial companies (that think innovation is changing a sticker on their product or changing an ad slogan) can live?

Why are you protecting these businesses that should close shop? They cannot compete globally for a reason: that they SUCK at innovating and keeping prices competitive. Let these companies die so that the Chinese (or whoever) can make them cheaper and faster, thereby HELPING US. The industrial era employees need to be trained and employed into the modern information world. Help them help themselves. Let market forces do their natural thing… and one of the things that things in nature do is COMPETE. Don’t punish the rest of the people to protect this dying tree.

Here’s the irony of all this: these US manufacturing industries died BECAUSE of gov’t intervention and unions that demand higher pay and blah blah for their workers. First give them the reason to die and to move away to overseass, then now give them the reason to barely maintain status quo by taxing the rest of  us consumers. US gov’t (in its meddling with the natural economy) and the labor union are like crack dealers: they get the innocent person addicted… then when the dude’s about to die, give them some temporary remedy so he can live longer and keep using the crack.

Unions suckGovernment telling you what do sucks. Laws messing with natural market forces suck.

Damn, this post is too filled with negative energy. Ok, here’s a positive note: gold is up. Yay.

How to explain socialism and why it sucks

Filed under: funny, political — Tags: — taewoo @ 2:40 pm September 10, 2009

A politically active man goes from door to door, explaining and promoting why socialism is good for everyone. He goes to a house in a rural area and knocks on the door, and nice good ol’ average Joe comes out and greets the man.

Man: Sir I am here to ask you to vote for socialism in the upcoming elections.

Joe: Hmm. You know, I’m just an average farmer. I don’t know what socialism is. So why don’t you explain to me what it is? I have a better idea. Instead, give me some examples of what socialists might do.

Man: Sure no problem. You see your neighbor’s cows over there?

Joe: I sure do.

Man: Well, in socialism, when that cow is milked, you get to have some of his milk.

Joe: Wow. Really? That’s nice. Tell me more.

Man: You see that sheep on the other side of that fence? When that guy harvests the fur from his sheep every winter, you get to have some of that too!

Joe: Fascinating. I’m liking this socialism thing. Tell me more.

Man: Well, … I don’t see any chickens… but if there were some chickens and when the owners of them chicken collect the eggs they lay, you get to have them chicken eggs too! Daily!

Joe:… what?? GET THE HELL AWAY FROM MY PORCH!

Man: Huh?

Joe: (Takes out shotgun) Now, I said GET THE HELL AWAY! Get off my property and never come back, ya hear?

Man: What? I don’t get it. Cow milk, sheep fur.. but no chicken eggs? Sir, do you realize these are just examples? The principal is the same! Why are you mad?

Joe: For one, I don’t know what principal means. And second, I own chickens!

Lesson? Socialism sounds nice and ideal… and most people agree with it, till they’re forced to pay up.

Note: I heard this on radio but couldn’t find a web version so I recalled to the best of my ability.

Perfect example of stupid, useless, and costly lawsuits

Filed under: business, commentary — taewoo @ 9:22 pm September 9, 2009

Look at this stupid … actually stupid is way too generous a word to describe… RETARDED and frivolous lawsuit called Greenberg v E*TRADE:

If you reside in California, Florida, Maryland, Massachusetts, Nevada, New Hampshire, Pennsylvania, or Washington and (1) received a telephone call from E*TRADE FINANCIAL Corporation or its related entities (“E*TRADE”) during the period from September 3, 2003, to May 22, 2009, and/or (2) you made a call to E*TRADE’s Beverly Hills, California branch office on August 15 or 16, 2006, and your telephone call was recorded without notice or consent (hereinafter, the “Settlement Class”), you are a Class Member and a proposed class action settlement (“Settlement”) could affect your legal rights.

Umm, ok. I have to remember if

  1. Someone from ETrade called me
  2. I called them back sometime later
  3. The people @ ETrade who called were from Beverly Hills office
  4. I had ONE single conversation that was recorded with or without my consent

Most people don’t even remember what they ate for lunch the day before.

Thanks Greenberg, for sharing with the world why businesses are fleeing California (and US).

Want me to participate? Thanks but no thanks. You can keep every dollar of this despicable and honorless lawsuit that will only make you some cash and let every one of ETrade customers suffer by raising their legal fees.

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