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Forums - General - Wall Street Journal BLASTS McCain

Timmah! said:
Aiemond said:

 

Create a National Network of Public-Private Business Incubators: Barack Obama and Joe Biden will support entrepreneurship and spur job growth by creating a national network of public-private business incubators. Business incubators facilitate the critical work of entrepreneurs in creating start-up companies. Obama and Biden will invest $250 million per year to increase the number and size of incubators in disadvantaged communities throughout the country. (This from his plan site)

 

We only have to look as far as Fannie Mae to see how well public-private entities work... Great, another way for governement to arbitrarily waste my money.

 

Do you have anything other than this to say? Incubators are a good idea and will help start off business. This is a great way to help it. And, these are totally different types of situations. Fannie Mac is very different than this.

 

Edit: Magnus, stop the personal attacks. Debate people on issues not attacks.



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ManusJustus said:
Timmah! said: 

He attacked your knowledge of a particular issue, then you leveled a personal attack (idiot is a far worse insult than saying somebody isn't educated on an issue). I always get the feeling from you that you're looking down your nose at anybody that doesn't see the world the same way as you do. It's a fundamental lack of respect that you show, not just an issue of your previously mentioned comment.

EDIT: By essentially defining 'idiot' as somebody who disagrees with you, you have proved my point.

"This is where knowledge and education really helps" implies that I lack knowledge and education in all matters, but for this point it would really help.  Saying that I am "unable to sound almost educated" is also an attack on me, not the issues.

If you can't differentiate between attacking someone's knowledge of an issue (I agree he shouldn't have done this), and attacking them personally (calling a name like idiot), there's really not much else I can say to you on this.

I'm referring more to a general lack of respect on your part to those that disagree with you, my opinion on that is not based only on your comment here, but on a general atitude you show when debating.

I have no further comments on this issue.



Timmah! said:

If you can't differentiate between attacking someone's knowledge of an issue (I agree he shouldn't have done this), and attacking them personally (calling a name like idiot), there's really not much else I can say to you on this.

Its actually very easy for anyone to differentiate between attacks someone's stance on an issue and attacks on someone's intelligence, education, and knowledge in general.



Aiemond said:
Timmah! said:
Aiemond said:

 

Create a National Network of Public-Private Business Incubators: Barack Obama and Joe Biden will support entrepreneurship and spur job growth by creating a national network of public-private business incubators. Business incubators facilitate the critical work of entrepreneurs in creating start-up companies. Obama and Biden will invest $250 million per year to increase the number and size of incubators in disadvantaged communities throughout the country. (This from his plan site)

 

We only have to look as far as Fannie Mae to see how well public-private entities work... Great, another way for governement to arbitrarily waste my money.

 

Do you have anything other than this to say? Incubators are a good idea and will help start off business. This is a great way to help it. And, these are totally different types of situations. Fannie Mac is very different than this.

 

Edit: Magnus, stop the personal attacks. Debate people on issues not attacks.

I understand the idea behind incubators, it's just that the government has a terrible track record on just about everything they touch, so I really don't trust the well-intentioned 'incubators' to not become corrupt. I believe the government should create an environment where businesses can succeed, but I disagree with you on how this should be done. Incubators sound like a good idea on paper, but the government has not earned my trust enough where I actually believe they will do a good job with this. Creating a favorable tax environment sounds like a better idea to me.

 



Timmah! said:
Aiemond said:
Timmah! said:
Aiemond said:

 

Create a National Network of Public-Private Business Incubators: Barack Obama and Joe Biden will support entrepreneurship and spur job growth by creating a national network of public-private business incubators. Business incubators facilitate the critical work of entrepreneurs in creating start-up companies. Obama and Biden will invest $250 million per year to increase the number and size of incubators in disadvantaged communities throughout the country. (This from his plan site)

 

We only have to look as far as Fannie Mae to see how well public-private entities work... Great, another way for governement to arbitrarily waste my money.

 

Do you have anything other than this to say? Incubators are a good idea and will help start off business. This is a great way to help it. And, these are totally different types of situations. Fannie Mac is very different than this.

 

Edit: Magnus, stop the personal attacks. Debate people on issues not attacks.

I understand the idea behind incubators, it's just that the government has a terrible track record on just about everything they touch, so I really don't trust the well-intentioned 'incubators' to not become corrupt. I believe the government should create an environment where businesses can succeed, but I disagree with you on how this should be done. Incubators sound like a good idea on paper, but the government has not earned my trust enough where I actually believe they will do a good job with this. Creating a favorable tax environment sounds like a better idea to me.

 

I agree tax breaks on small busniess would help too. IMO there should be a seperate catagories for personal income and small business operating costs. Then, you can have someone making a profit of say, 120k be in the 120k income bracket and the taxes on the business would be different and not knock you up to the , say, 250kish bracket. you could also target the catagories easier.

I agree that govt can slow things down, but having the private incubators now and the ones that obama supports gives new owners more choice and more opportunities to use them. When I choose a canidate I pick the packet that I think overall is better. With obama, I feel his economic package is overall better (my number one issue), his energy ideas are better (my number 3ish issue) even though he disagrees with me on abortion (prolly my 5th or 6th issue).

And i feel obama's ideas are better based on the economics classes I took, business majors I am very good friends with, and what prominant financial analysts and economists are saying, including republican ones such as Ben Stien.



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ManusJustus said:
Senseinobaka, this is where not being a complete idiot helps.

Obama's plan helps corporations and large businesses create jobs for obvious reaons. Concerning small busineses where the owner pays on his individual income, the increase in taxes will be very small, but that will be outweighed by the fact that their customers (middle class Americans) will have more money to spend and thus give them more business.

Corps and large businesses are excluded from this conversation for several reasons. Here a some:

-they have the means to move to another country with favorable taxes

-they can pass the increase in cost to the consumer and risk less demand

-they can lay off large amounts of employees

I couldn't care less is Obama's plan helps corps and large businesses, they don't represent 80% of job creation or the largest segment of the economy, small businesses do.

I have not read anything in Obama's tax plan that says he plans on increasing the tax on the top 1% of income owners at different rates based on if the person is in that bracket because of running a small business. If he did say that then it would be an infinetly better plan.

Also, here's another home study. Just try it out. Find someone in the nieghborhood you live in who owns a small skilled-labor business. When that person gets home at around 8PM from work, knock on his door and ask him how many people he employees. Then ask him how being forced to pay an additional 12k or another 3k quarterly in taxes will effect their employment. And as he's answering that question keep in mind that the Liberal Congress has already increased unemplyment from historical lows to well above 6% in less than 2 years.

 



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ManusJustus said:
Timmah! said:

If you can't differentiate between attacking someone's knowledge of an issue (I agree he shouldn't have done this), and attacking them personally (calling a name like idiot), there's really not much else I can say to you on this.

Its actually very easy for anyone to differentiate between attacks someone's stance on an issue and attacks on someone's intelligence, education, and knowledge in general.

It was admitedly bitter for me to say that. So I apologize for offending you and being a douche.

However, it would be a good idea to learn how the economy and business work, especially considering your affinity to commenting in forums that revolve around economy and business.

 



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Aiemond said:
Timmah! said:
Aiemond said:
Timmah! said:
Aiemond said:

 

Create a National Network of Public-Private Business Incubators: Barack Obama and Joe Biden will support entrepreneurship and spur job growth by creating a national network of public-private business incubators. Business incubators facilitate the critical work of entrepreneurs in creating start-up companies. Obama and Biden will invest $250 million per year to increase the number and size of incubators in disadvantaged communities throughout the country. (This from his plan site)

 

We only have to look as far as Fannie Mae to see how well public-private entities work... Great, another way for governement to arbitrarily waste my money.

 

Do you have anything other than this to say? Incubators are a good idea and will help start off business. This is a great way to help it. And, these are totally different types of situations. Fannie Mac is very different than this.

 

Edit: Magnus, stop the personal attacks. Debate people on issues not attacks.

I understand the idea behind incubators, it's just that the government has a terrible track record on just about everything they touch, so I really don't trust the well-intentioned 'incubators' to not become corrupt. I believe the government should create an environment where businesses can succeed, but I disagree with you on how this should be done. Incubators sound like a good idea on paper, but the government has not earned my trust enough where I actually believe they will do a good job with this. Creating a favorable tax environment sounds like a better idea to me.

 

I agree tax breaks on small busniess would help too. IMO there should be a seperate catagories for personal income and small business operating costs. Then, you can have someone making a profit of say, 120k be in the 120k income bracket and the taxes on the business would be different and not knock you up to the , say, 250kish bracket. you could also target the catagories easier.

I agree that govt can slow things down, but having the private incubators now and the ones that obama supports gives new owners more choice and more opportunities to use them. When I choose a canidate I pick the packet that I think overall is better. With obama, I feel his economic package is overall better (my number one issue), his energy ideas are better (my number 3ish issue) even though he disagrees with me on abortion (prolly my 5th or 6th issue).

And i feel obama's ideas are better based on the economics classes I took, business majors I am very good friends with, and what prominant financial analysts and economists are saying, including republican ones such as Ben Stien.

Incubators are not bad ideas at all. Cooperation is a great tool, even in highly competitive enivroments. The onyl worries I would have are things like the government fixing prices on capital or certain practices becoming regulations or government seizing control. I wouldnt want a situation like the one we have with property realtors, where if you're not part of the click, then you are ostracized or worse the National Association of Realtors will seek legislation to force you to conform to their methods and pricing structures. It's heinous.

My idea is government transperancy. Meaning the government will only show up when I, the business owner, is acting in a way that tramples the liberty of another.

 



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I don't even wanna wade through these posts or get involved in this dispute...



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

Aiemond said:
Kasz216 said:
ManusJustus said:
Kasz216 said:
ManusJustus said:
Kasz216 said:
ManusJustus said:
The Wall Street Journal (and Wall Street itself) is very pro-Republican. Its obvious to most Americans that John McCain doesn't have a grasp of the economy, he has even admited it before, but for the Wall Street Journal to call him up on it is huge.

It's more John McCain doesn't have a truley republican look on the Economy. They like Obama more because he's a free trade no tariffs on anything guy.

McCain is for free trade, Obama wants to revise NAFTA to make other countries more responsiable for labor and environmental concers.

 

Which doesn't help Americans at all. John McCain on the otherhand has actual plans to help those who lose jobs due to freetrade.

What plans does McCain have?

Obama plan helps Americans because we are less competitive to other countries that abuse their labor force. An American worker just cant compete 'price wise' with child labor in Asia. Also, American factories have trouble competing with foriegn factories that have little to no pollution restrictions. The only way to balance this out is to make other countries more responsible in how they treat their labor force and the environment (and I'm not talking about global warming).

There is no way to force anyone to actually follow any restrictions you place, since Obama and most presidents wouldn't ahve the courage to actually pull out of said agreements.

Obama's plans are all talk in this regard.

McCain's plans involve retraining and creating more jobs, in the actual places that need them. Not Obama's plans that mostly help states like Illnois already well covered with unneeded wasteful subsidaries.

 

 

Your wrong about what obama plans to do about keeping american jobs. Read

barackobama.com/plan

 

  • End Tax Breaks for Companies that Send Jobs Overseas: Barack Obama and Joe Biden believe that companies should not get billions of dollars in tax deductions for moving their operations overseas. Obama and Biden will also fight to ensure that public contracts are awarded to companies that are committed to American workers.
  • Reward Companies that Support American Workers: Barack Obama introduced the Patriot Employer Act of 2007 with Senators Richard Durbin (D-IL) and Sherrod Brown (D-OH) to reward companies that create good jobs with good benefits for American workers. The legislation would provide a tax credit to companies that maintain or increase the number of full-time workers in America relative to those outside the US; maintain their corporate headquarters in America if it has ever been in America; pay decent wages; prepare workers for retirement; provide health insurance; and support employees who serve in the military.
  • Improve Transition Assistance: To help all workers adapt to a rapidly changing economy, Obama and Biden will update the existing system of Trade Adjustment Assistance by extending it to service industries, creating flexible education accounts to help workers retrain, and providing retraining assistance for workers in sectors of the economy vulnerable to dislocation before they lose their jobs.

Also,

Provide Tax Relief for Small Businesses and Start Up Companies: Barack Obama and Joe Biden will eliminate all capital gains taxes on start-up and small businesses to encourage innovation and job creation. Obama and Biden will also support small business owners by providing a $500 “Making Work Pay” tax credit to almost every worker in America. Self-employed small business owners pay both the employee and the employer side of the payroll tax, and this measure will reduce the burdens of this double taxation.

 

So what you like in McCain's plan, retraining, is covered here by obama. Also, He gives tax credits to small bussiness, a very good thing, and he will give TAX CREDIT to companies that keep american workers and decrease tax credit for companies that MOVE jobs oversees, making it more COST EFFECTIVE to keep the workers here. THATS what will keep jobs, making it so they make more money and thats what tax credits will do. It will make american workers much more competitive with cheap labor force. Better educated workers, more tax credit will make companies think twice about moving jobs.

 

Where's he getting all the money from this?  Considering these are the same companies he's raising taxes on in the first place.

Lots of problems with it....

For example 2... well that's just easy, they'll set up a sub company or set those employees as "sub contractors" to get their ratios out to bilk the government out of the money... and also make the working conditions for those people even worse.

I mean the people in sweat shops don't actually work for Nike.  They do work for Nike...