A Deeper dive into Mamdani grocery stores...

[Into the Night]

its true, fascist cocksucker.

Lie. Synthesis.

 

[Into the Night]

In the end, corporations are all about lawyers interfering in the market.

No. The benefits of incorporation I've already listed. Some has little to do with lawyers at all.

 

[T. A. Gardner]

Some are, other are not.

I say we let God or Allah, or whoever sort that out...

You could very well thank a lawyer if some insurance company decides to welch and he makes them pay out what is owed on the claim; or protects your ass if some breaker you installed from a reputable company has a manufacturing defect you couldn't foresee and it caused damaged wiring.

Why? Their lawyer versus my lawyer? I say they defend themselves and I'll do the same.

 

[Into the Night]

I say we let God or Allah, or whoever sort that out...

He will.

Why? Their lawyer versus my lawyer? I say they defend themselves and I'll do the same.

Bad idea. Do you know how to obtain and present valid evidence? Do you know how to file all the forms required correctly? Do you know what venue to file in? Do you know how to defend against some Karen filing a lawsuit against you from another State?

You might as well try to fly a plane without any training, or trust your truck to some kid that never passed a driver's test.

 

[tsuke11]

Only by losing money, which is paid for by taxpayers.
Communism never works.

I mean BYD drives all competitors out of the market by being state subsidized then establishes a monopoly. Sometimes it works

 

[Into the Night]

I mean BYD drives all competitors out of the market by being state subsidized then establishes a monopoly. Sometimes it works

Communism never works. It will always fail.

 

[QP!]

I'm a taxpayer...


I'm a taxpayer and I think Mamdani's grocery stores are far more stupid than Trump doing another corporate bailout, not that the later is all that bright.


This taxpayer says exactly that.

Ya but you can't agree with yourself and you won't find a tax payer who will say what you say which is...

You think a $10m govt waste is worse than $20b govt waste if the $10m is a bigger percent of that budget than the $20b wasted is of that budget.

That you believe taxpayers measure by percentage of budget and not total dollars or percentage of what taxpayers gave the govr.

 

[Ichabod Stain]

In the end, corporations are all about lawyers interfering in the market.

In a way. true; but those lawyers were paid for by Karens.

Corporations provide several things that other business organizations do not:

* Ir provides a 'corporate veil', which means that if someone sues the corporation they cannot further attach any owner (stockholder) of said corporation, so long as the corporation conforms to the law.
* It is a convenient method of offering ownership shares to the public, so anyone can invest in that business. If the shares are not public, it provides a method of designating the distribution of shares among the owners, and how they can sell them or gift them to someone else.
* If provides a corporate constitution, which specifies how many share there are, whether the public can buy and sell them, what happens if the corporation dissolves, etc. This is often called the corporate charter.
* It provides a bookkeeping standard that allows all shareholders to understand what profit, if any, was made, and how it is to be distributed.
* Ir provides a tax entity. Taxes are paid out of the corporation directly, not by going through the owners. The owners pay their taxes on the profit they make when they sell their shares.
* It provides a common trust.

Type C is for large, publicly traded corporations.
Type S is for smaller, limited share corporations.
An LLC is one or a few individuals operating as a corporation.

Each has their own special accounting requirements and tax rules.

Subchapter S and LLCs are the most common type of corporations. Subchapter C are most noticeable, simply due to their size and complexity, and their publicly traded stock.

NONE are inherently evil. They are simply a way of organizing a business.

Corporations protect stockholders from personal lawsuits (typically filed by Karens). The Karen can only sue the corporation ittself.

if corporations were people they'd be the shittiest people you know.

 

[Into the Night]

Ya but you can't agree with yourself and you won't find a tax payer who will say what you say which is...

You think a $10m govt waste is worse than $20b govt waste if the $10m is a bigger percent of that budget than the $20b wasted is of that budget.

That you believe taxpayers measure by percentage of budget and not total dollars or percentage of what taxpayers gave the govr.

Define 'waste'.

 

[Into the Night]

if corporations were people they'd be the shittiest people you know.

Corporations are made of up people, NoName. Bigotry.

 

[Ichabod Stain]

Corporations are made of up people, NoName. Bigotry.

compositional error.

you suck at thinking.

 

[T. A. Gardner]

He will.

Bad idea. Do you know how to obtain and present valid evidence? Do you know how to file all the forms required correctly? Do you know what venue to file in? Do you know how to defend against some Karen filing a lawsuit against you from another State?

You might as well try to fly a plane without any training, or trust your truck to some kid that never passed a driver's test.

This is all a concoction of lawyers for the benefit of lawyers.

 

[Steinbeck]

What is dishonorable about building oil refineries?
What is dishonorable about making steel cheaper?
What is dishonorable about someone building a railroad?
What is dishonorable about build a computer?
What is dishonorable about stealing software? Ok...you got me on Gates.


Not at all. The free market is immortal. You can't kill it. It IS capitalism. It is the only economic system that creates wealth.

A monopoly can only exist with government help. In the free market, monopolies are unstable. Sooner, rather than later, some little startup will build a better product, or cheaper, and blow the kneecaps off a monopoly that is too large to maneuver out of the way.

Nothing wrong with owning a road. People do.
Nothing wrong with owning a canal. People do.
ALL successful businesses serve the public interest. It cannot survive without it's customers.

An army of strawmen.

 

[Steinbeck]

Capitalism IS free market.

Socialism is not capitalism.

The free market is immortal. You cannot kill it. See your local drug dealer for details.

It doesn't. LLC's do not benefit the government at all, other than another business contributing to the tax base.

LLC's do NOT protect owners from corruption or criminal activities. It does not protect them from their own bad decisions.

lol more strawmen. I guess you couldn't find anything to refute what I said so you made up your conversation with yourself. Okay.

 

[QP!]

@T. A. Gardner's position summarized.

Tax payers pay in about $5T a year in federal taxes.

- Agency A wasted $50 billion of those tax payers dollars
- Agency B wasted $10 million of those tax payer dollars.

Terry is saying no tax payer can determine from that which waste they consider worse as he argues taxpayers do not care about their percent of their dollars wasted. He argues what taxpayer care is percent of the budget they were given ONLY.

That until a tax payer knew the budgets given they would have no opinion on which was a worse abuse and loss of their tax payer dollars.

 

[Steinbeck]

These were all oligarchs and monopolists. Rockefeller was even found libel for his oil monopoly and had it broken up. Vanderbilt pretty much had a railroad monopoly. Morgan was the epitome of an oligarch.

They were major capitalists. they differences are most were industrial capitalists and only a few were financial capitalists. They operate very differently. Rockefeller for instance merely practiced self-defense, as a small to middling refinery operator being squeezed by two giant railroads
and basically just outsmarting them. Vanderbilt did pretty much the same in growing his empire. Morgan merely saddled corporations with debt and used it to buy more corporations, and then when they went bankrupt, made sure he owned the bankruptcy court judges. They other built and operated huge corporations that actually produced things and hired people; all Morgan did was manipulate debts and judges. Carnegie was a mix of both.

Poor culture and morality simply ignore laws and regulations oppressive or not. In the Soviet Union, for example, black markets were rampant. They became a major part of the economy. Where regulation and law in economics work is when they seek to level the playing field and keep players from cheating. When government starts putting its thumb on the scale, closed shop unions and huge licensing fees or requirements to participate like the medical and legal fields today as two examples, then it stops being a referee and starts being in a sense a bookie.

Pretty much. Except it is public cultural values that determine what these corporations can get away with and what kind of laws get passed and how effectively they are enforced.

Where a monopoly must or has to exist, it should be carefully and closely watched by government and the public in general. There will always be those that want to game the system to their enrichment. With infrastructure like you list, what often happens today is the developer or private business building something and needing those as part of their development put them in and then give them to government to operate in exchange for tax or other breaks to recoup the costs.

I don't disagree. Most people ignore the responsibilities of citizenship and then complain about the results. Adopting simplistic ideologies aren't a good substitute.

 

[T. A. Gardner]

@T. A. Gardner's position summarized.

Tax payers pay in about $5T a year in federal taxes.

- Agency A wasted $50 billion of those tax payers dollars
- Agency B wasted $10 million of those tax payer dollars.

Terry is saying no tax payer can determine from that which waste they consider worse as he argues taxpayers do not care about their percent of their dollars wasted. He argues what taxpayer care is percent of the budget they were given ONLY.

That until a tax payer knew the budgets given they would have no opinion on which was a worse abuse and loss of their tax payer dollars.

Apples to nail guns.

The federal government has a budget. Two line items in it have wasteful spending, one $10 billion, the other $50 billion. In this example, the money is coming from the same budget so, of course, the $50 billion is worse.

The examples I've given are two different budgets each with some wasteful spending in them. The smaller, local budget has much higher waste than the larger federal one. People are going to notice the waste in the smaller budget that is local far more easily and with concern than waste in the federal budget where it doesn't as directly affect them.