The dollar ripped

Discussion in 'General Conversation' started by kscathunter, Feb 4, 2009.

what do you think

  1. agree

  2. dissagree

  3. ???? What ????

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  1. kscathunter

    kscathunter New Member

    Messages:
    2,367
    State:
    Louisburg,
    I was thinking at work today, about money :roll_eyes: immagine that, and I got to thinking what happened. What I came up with is that too many people have been making too mutch money while minnimum wage is still to low to make up the differance. Thus keeping the bottom of the dollar low with the top stretching on and on, and now its ripping. The sighns were there years ago seeing highschool kids driving cars that cost half as mutch as my house, every new gadget that comes out ect. the work ethic was gone. Everyone wants to make the quick buck without working for it, the labor gets sent else were so it wont get in the way of counting the money. So now we got ceo's making more money in a year than most of us will see in a lifetime their hardest decision is to to buy the $800 trash can or the $8000 chair why not both, people getting paid more than most of us just to tell people how to work all the gadgets they blew their money on, and all kinds of other highly overpaid jobs that dont realy do anything for anybody. what they do is give theise select few too many a excess amount of money to blow witch you guessed it also makes prices go up witch is great for them but kills everyone else driving the price up on items we want or need to pay their overpriced salary . were does that leave the guy working at the lumber yard for $7.00 an hour HURTING! how is he supposed to pay rent, water, electric, with the price of grocerys and everything going up. I dont know if any of this plays into the pres's rescue plan but from what i can see someones gonna have to give before the dollar gets ripped in half. Its getting pulled too hard and either some overpaid people are going to take some pay cuts and slash the prices on goods or the feds are gonna have to mandate a salery cap on jobs that pay over xxxxx amount set a stop on the current price of goods while they raise the current minnium wage to even things out. profits would be made by doing more volume in sales in theory making people have to WORK TO MAKE MONEY, rather than get another handout in hopes to get things moving. they figured this out in sports that if they make x ammount in ticket sales they only have x ammount to pay the players. buisness wants to make more they charge more, but they arent paying everyone "who will have to buy more" more money. SO IMO if the government wants to help bail everyone out they are going to have to set the top bar or raise the lower bar before the dollar is ripped in half and the bottom half falls.
    im going to try out the poll for the first time to see what everyone thinks agree dissagree or what the heck is this idiot talking about.
     
  2. 223reload

    223reload New Member

    Messages:
    10,798
    State:
    Oklahoma
    Branden,I tend to agree ,to an extent. However at 24,000 yearly income my self,I have learned to "live within my means" If more folks had done that,We would be in much better shape.
     

  3. kscathunter

    kscathunter New Member

    Messages:
    2,367
    State:
    Louisburg,
    I make about the same and agree with that 100%
     
  4. Kutter

    Kutter New Member

    Messages:
    5,379
    State:
    Arnold, MO
    I subscribe to what has been called "the 200 rule". The top of the corporate ladder can never make more than 200 times as much as the lowest paid worker at the company. CEO wants more? No problem, raise wages at the bottom & he can make more. Add it up, it's seems like a good rule. I know, I know, some folks would rather it be a "100 Rule", but any cap is an improvement.

    10 years ago, Emerson Corp gave their CEO a $20 Million bonus. Why? Because they only lost $20 million and they had expected to lose more that year. They never figured out that if they had not given the bonus, (for losing money), they would have broke even.

    My question has always been this. If the average Joe can figure out the solutions using common sense, how come these high $ executives & politicians that are so smart, can't figure it out?
     
  5. bluejay

    bluejay Well-Known Member

    Messages:
    8,502
    State:
    Napoleon, Mo.
    I voted agree. I'm there on the bottom end for sure. Good post.
     
  6. zeboman

    zeboman New Member

    Messages:
    2,883
    State:
    Pennsylvan
    Business owners own the machinery , building , land etc. and want to make as much profit as they can. The worker will always say they aren`t making enough money and the owners will always say workers are paid too much. Then you get into race, gender etc. and it complicates things even more. I don`t believe there is a fix it all solution , the bottom line is I`m a union worker and we fight for more money with each and every contract and we do get a raise each time but you must learn to make the best out of what you have.
     
  7. BAMAJUGGER

    BAMAJUGGER New Member

    Messages:
    34
    State:
    mccalla,alabama
    well if you start raising minimum wages it is gonna inflate the economy...the c e o 's had to have started somewhere.i started out making minimum wage, worked my way to the top,got some more education and was offered the chance to become a partner in the company..i make good money and you dont see me living outside the means of someone making minimum wage..the economy is in bad shape because of people living outside of their means and the credit people loaning to these people.
     
  8. kyredneck

    kyredneck New Member

    Messages:
    1,021
    State:
    Kentucky
    Ditto.

    This is where the dollar's REALLY getting ripped right now. The printing presses at the treasury are churning out dollars at a rate 70% higher than two years ago. Inflation big time just around the corner.
     
  9. bluejay

    bluejay Well-Known Member

    Messages:
    8,502
    State:
    Napoleon, Mo.
    Living within your means is what it is about. I don't have much but I'm retired and fat and sassy!! LOL
     
  10. kyredneck

    kyredneck New Member

    Messages:
    1,021
    State:
    Kentucky
    I couldn't agree more J.C..
     
  11. kscathunter

    kscathunter New Member

    Messages:
    2,367
    State:
    Louisburg,
    well well well look at the first headline i seen when i woke up a little bit ago Obama must get on the boc lol. "Obama sets maximum wage
    The president imposes a cap on executive pay for companies that get federal bailout money."
     
  12. catfisherman369

    catfisherman369 Floyd

    Messages:
    4,944
    State:
    Nashville Il.
    agree with that 100%
     
  13. thunderchicken

    thunderchicken New Member

    Messages:
    769
    State:
    Yuma Az
    Nixon took us off the gold standard and the gov't has been printing money every since. What the gold standard did was insure that we had to have gold reserves to back up every dollar we printed. When we left that standard the gov't was no longer restricted to having anything to back up the money so they were then free to crank up the presses and print money like crazy, which they have been doing since 1971 . All our paper money stands for is the full faith and credit of the country, nothing more. More paper printed means each dollar is essentially worth less to buy the same amount of goods and services so the prices go up to buy the same amount. That my friends and neighbors is what is called inflation and we are about to be ravaged by it I'm afraid. All of this at a time the politicians are spending money our great grandkids will be trying to pay off. The gov't is basically nationalizing companies, i.e., AIG, and business sectors, i.e., banks, and turning us into a socialist country. That is change to coin a much used phrase these days but hardly what people thought they were voting for. Sorry for the rant. Just my opinion.

    :cool2:
     
  14. PeeDee Cat

    PeeDee Cat Member

    Messages:
    351
    State:
    SC
    Good post. MONEY has ruined this country. Some people will sell there soul for a dollar bill. One day they are going to have to answer to GOD. All I can say is that the sun don't shine on the same dog's rear end every day. That's all I got to say about this deal.
    PEEDEE CAT
     
  15. jolie

    jolie New Member

    Messages:
    828
    State:
    PA
    I think its more complicated than that. Some people make too much and others make too little because the people that SHOULD be helping keeping things don't care.

    They don't care cuz they don't know what its like to do without and
    because the rich-step-on-everyone execs that got them in office, are making sure they interests are front and center.

    of course what's SO rotten is that all these politicians know they have to say the care. but they don't and really care for most of america's people.

    So, I don't know. is the rich getting richer or are the poor people just getting screwed?? the later, for sure.

    what burns me most ISN'T the low wages- but that anything that COULD help is taken off the table. Health care? no we can afford a ruinously expensive war but not health care. we can't afford more help with College. We can't spend any more DOMESTIC money cuz then we'd be a Socialistic country.:crazy:

    well no other solialistic country panders the rich better then the USA. and it ain't only about the money. its the fact that the rich's interests always come first.

    Todays crisis is home foreclosure's right? if congress had a soul they'd be helping. They're not. thats worse than making a low wage.

    we once said something about a safety net for the poor and we have failed the concept.

    IMHO, of course.
     
  16. lance

    lance New Member

    Messages:
    2,658
    State:
    kentucky
    Lots of good posts here!Outside of raising min. wage ,our gov. actually doing THERE part ,Living within our means . Every ABLE body should work .I do emphasize the word Able . It ills me o think grandpa joe Has to work when the system has failed him . And others...... the more babies the more welfare ..... I ain't hating I am just saying....
     
  17. kscathunter

    kscathunter New Member

    Messages:
    2,367
    State:
    Louisburg,
    Obama IS from what I see really trying to HELP. From what i read he is fighting for a $15,00 tax break for homeowners & or homebuyers something like that, read it a couple days ago so not 100% on the details. WE MAY NOW HAVE THE HELP WE NEED I wasnt shure about what to think at first but, GO OBAMA!!!!!!!!!!!!!
     
  18. leftemptyhanded

    leftemptyhanded New Member

    Messages:
    41
    State:
    St.Joseph,Missouri
    i was talking to my dad the other day about income tax money.i bring home about 20,000 a year have twin girls.wife a a crap job but its a job.anyhow he was complaining we got back 1800 for our 2 kids.and how he paid in all this money.then he started saying something about another stimilus package.well where do you think there adventually gonna get that money?yeah it seems to me we should rough it out.its not my fault that all these people got in over their heads on house payments.ive done everything on my own no assistance it upsets me to touch on these subjects.sorry if i offended neone
     
  19. flathead willie

    flathead willie Well-Known Member

    Messages:
    3,241
    State:
    Virginia
    ...........................................................................................
    I just saw a report a couple days ago that stated that the average pay for the top CEOs is 400% higher than what their own first line supervisors make.
    The problem is that the high $ execs and politicians HAVE figured it out....and are enjoying every minute of it. In 1889, Andrew Carnegie said, "Millionaires ought to act as trustees for the poor, and that after a man accumulates a great fortune, he should further feed capitalism by giving it all away, establishing institutions like libraries, parks, and universities-that help people better help themselves." He endowed 2,509 libraries and shed 90% of his wealth before he died.
    In 1914, Henry Ford started paying his workers $5 a day, twice the industry standard. He saw it as a way to turn workers into customers.
    In 1962 David Rockefeller said," The old concept that the business owner had a right to use his property to maximize profits has evolved into the belief that ownership carries certain binding social obligations. Today's manager serves as a trustee not only for the owners but for the workers and , in deed for our entire society."

    Things sure have changed since then!
     
  20. fishnfwl

    fishnfwl New Member

    Messages:
    3,334
    State:
    South Cent
    Looks about like politics as USUAL to me, why worry about a tax break, hell just don't pay them, none of his picks and better than 1/2 of Washington cares if they pay them, and obviously don't have to pay them unless they are applying for a job that may put their name into the national media.......Obama?, Sorry LOL, may as well be CLINTON Looks about the same....... Cutting a check for a hand out is going to HELP NO-ONE, Lord it just happened a while back and failed how many more times does it have to happen before everyone realizes that? Should have let the big three and the rest fail, then and only then they would atleast have a bargaining chip against the UAW greed......and yes I have been a union worker all my life, and never came close to pulling wages like that, nope not worth the work IMO..... AND all of these have already shown just what the American people mean to them, that is why they got the big hand slap for the new jets, the big bonuses, the new company toys, the trips......... give me a break..... Start telling the rest of the world to GTH and get the jobs back into this country is the ONLY thing gonna change this mess......