Mitt loses the election with his attitude

[tinfoil]

Like I said, if self-employment isn't working out, go find a job somewhere else. Stop complaining about being poor and do something about it. That is all I am saying.

It's funny. That's what I've already done. Can't beat em... join em. I have a position where I can do my own work when it comes along. I wasn't complaining about self-employment. I was complaining about a judicial system and government people who think nothing about taking my money for a license and bonding while allowing people to steal my labor and keep all their assets. A lien isn't a lien when people get keep their house. please learn about the issue before you conflate self employment with being ripped off by the courts.

Nobody can make a business plan that includes their customer not paying them. It doesn't make me a bad business man when the courts fail me after I've followed every procedure.

 

[signalmankenneth]

Not only his attiude?

Lack of Character too!

 

[Cancel 2018. 3]

This is what I am talking about with you.
The words I used conveyed my meaning. That you don't understand is your issue.
I will give you a little help; my statement was all encompassing. "no matter what you say". No need for specifics, nothing you say can refute the fact that Romney will be representing the top 1% of the top 1% first, the rest of us second.

prove your statement about mitt. it is easy to refute you, but, we all know you won't back up your claims.

also, your inability to explain your comments etc, shows you are not too bright. repeatedly saying - you're too dumb to understand - does not make your point for you. in fact, people who use such statements all the time in defense of their comments (like you do) are truly dumb. smart people can explain themselves. you, however, cannot.

 

[Rune]

prove your statement about mitt. it is easy to refute you, but, we all know you won't back up your claims.

also, your inability to explain your comments etc, shows you are not too bright. repeatedly saying - you're too dumb to understand - does not make your point for you. in fact, people who use such statements all the time in defense of their comments (like you do) are truly dumb. smart people can explain themselves. you, however, cannot.

If it was easy to refute my argument why didn't you?
Furthermore, I did explain my argument. You didn't understand that either?

 

[apple0154]

It's funny. That's what I've already done. Can't beat em... join em. I have a position where I can do my own work when it comes along. I wasn't complaining about self-employment. I was complaining about a judicial system and government people who think nothing about taking my money for a license and bonding while allowing people to steal my labor and keep all their assets. A lien isn't a lien when people get keep their house. please learn about the issue before you conflate self employment with being ripped off by the courts.

Nobody can make a business plan that includes their customer not paying them. It doesn't make me a bad business man when the courts fail me after I've followed every procedure.

While I can sympathize with you there's the other side of the coin. Let's say a person starts a roofing business. They charge $8,000 for a roof job and offer a guarantee. After scamming a number of customers over the summer and people start to sue they declare bankruptcy. So, what has the guy got as far as business equity is concerned? A rusty pick-up and an automatic nailer. Maybe a hammer, too.

All summer he collected money and used that money to live on. Pay his mortgage, his car payments, a new TV.....he gets to keep it all. It's not considered part of the business.

It seems our society is based on grabbing the money any way one can and the legal system promotes such underhanded business practices.

It's a strange world.

 

[USFREEDOM911]

That was the second time he's done a major gaff like that that's going to get a lot of airplay during the campaign.

But all the Republicans have to do is replay Obamas "Hope and Change" speech and then tie it into the reality of unemployment, home foreclosures, etc.
Looks like theirs a lot of people hoping that something will change.

 

[USFREEDOM911]

While I can sympathize with you there's the other side of the coin. Let's say a person starts a roofing business. They charge $8,000 for a roof job and offer a guarantee. After scamming a number of customers over the summer and people start to sue they declare bankruptcy. So, what has the guy got as far as business equity is concerned? A rusty pick-up and an automatic nailer. Maybe a hammer, too.

All summer he collected money and used that money to live on. Pay his mortgage, his car payments, a new TV.....he gets to keep it all. It's not considered part of the business.

It seems our society is based on grabbing the money any way one can and the legal system promotes such underhanded business practices.

It's a strange world.

That maybe the way Canadians are allowed to do business; but here in the US a contractor is required to post a bond, when he gets his license, to cover such behavior.
This way if a customer has a complaint and the contractor files bankruptcy, the customer can recover from the courts.
Maybe someday Canada will stop encouraging such shoddy workmanship.

 

[tinfoil]

While I can sympathize with you there's the other side of the coin. Let's say a person starts a roofing business. They charge $8,000 for a roof job and offer a guarantee. After scamming a number of customers over the summer and people start to sue they declare bankruptcy. So, what has the guy got as far as business equity is concerned? A rusty pick-up and an automatic nailer. Maybe a hammer, too.

All summer he collected money and used that money to live on. Pay his mortgage, his car payments, a new TV.....he gets to keep it all. It's not considered part of the business.

It seems our society is based on grabbing the money any way one can and the legal system promotes such underhanded business practices.

It's a strange world.

You idiot! That's already covered in the bonding. You obviouisly don't understand the entire system. I have insurance for accidents and bonding for issues like you raise, which I have never had happen BTW. I have to pay bonding because OTHER people have screwed OTHER customers long before I ever started my business.

The reason to become a contractor was so I had an avenue to prevent customers from stealing my labor.

I followed all laws! I will never waste my time doing that again.

 

[The Dude]

don't have so many poor people for customers dumass.
brought to you by Red Foreman

 

[Rune]

don't have so many poor people for customers dumass.
brought to you by Red Foreman

Rich people often don't pay contractors as well.
Some of the biggest screwings I have had have been by wealthy clients.
Try to get a lawyer to even file a lien. Good luck.

 

[Topspin]

I bet a lot of welders get screwed

 

[Mott the Hoople]

It's funny. That's what I've already done. Can't beat em... join em. I have a position where I can do my own work when it comes along. I wasn't complaining about self-employment. I was complaining about a judicial system and government people who think nothing about taking my money for a license and bonding while allowing people to steal my labor and keep all their assets. A lien isn't a lien when people get keep their house. please learn about the issue before you conflate self employment with being ripped off by the courts.

Nobody can make a business plan that includes their customer not paying them. It doesn't make me a bad business man when the courts fail me after I've followed every procedure.

You just have to be careful who you extend credit to and how much. As my father always told me, never loan more then you can afford to lose. I know a lot of contractors get burned cause they'll take on a job with 60 or even 90 day net terms for large general contractors or manufacturers thinking. "They're big, their credit is good!" and then when they find out that the company has just filed bankruptcy when they have 60 days of time and material invested in them. OUCH!

That's why I got out of the contracting game. I was spending far to much time on marketing and administration so though I was making good money and I was independently employed I was also working 80 hour work weeks and I was doing it all myself. I just wasn't making enough money to justify that and then there's the risk. I was better off working for someone else.

 

[Mott the Hoople]

I bet a lot of welders get screwed

Not the ones I know. Certified welders who are journeymen or master fabricators make damned good money. I'd bet you'd be surprized that there are quite a few at the master level who make 6 figure incomes. Hell a certified journeyman can make 60 to 70 grand plus benefits. I knew a master fabricator who welded equipment for nuclear facilities and he was making big money. This was back in the early 90's and he made $35/hour plus time and a half for overtime and benefits. He easily made over $100,000 a year in total compensation. The guy could do amazing work.

 

[Mott the Hoople]

But all the Republicans have to do is replay Obamas "Hope and Change" speech and then tie it into the reality of unemployment, home foreclosures, etc.
Looks like theirs a lot of people hoping that something will change.

Yea.....except everyone who doesn't have shit for brains know that it was the Republicans fault that we're in that shit hole. Republicans would be idiots to play that card.

 

[Cancel 2016.11]

don't have so many poor people for customers dumass.
brought to you by Red Foreman

It's actually the very rich who usually don't pay their bills. Perfect example - federated department stores. They declared bankruptcy twice during the 90's (I think they both happened during that decade, but one could have been earlier). They actually put vendors under. Some of them were trucking companies. I knew one. It was pretty ugly, but the small business has no recourse. And of course, a corporation like federated, vendors are lining up to give them credit again because they are so big. They pay no price for the bankruptcy.

No matter the size of your business you do have to plan for a certain percentage of bad debt write-offs. If you are unlucky enough to have one particularly large customer making up a high portion of your business, and they go bankrupt, you will likely go under. Definitely a bad business plan consists of allowing your business to become that dependent upon one client. You have to diversify. However...it happens.

 

[Topspin]

some very rich don't pay most do, please stop making me laugh.
Check out something called the credit score.
How much you want to bet it's correlated to income?

 

[Rationalist]

some very rich don't pay most do, please stop making me laugh.
Check out something called the credit score.
How much you want to bet it's correlated to income?

The super rich have terrible credit, or even no credit. One of my roommate's friends is a millionaire who owns a shipping company. He has no credit at all because he doesn't need it. When he went to purchase a cabin on the other side of the mountains this winter, he dropped a million in cash.

 

[Cancel 2016.11]

some very rich don't pay most do, please stop making me laugh.
Check out something called the credit score.
How much you want to bet it's correlated to income?

Nope, it's the very rich most likely to stiff you and that includes stiffing banks. The wealthy will never give a second thought about walking away from a bad investment, or an investment that has turned bad.

Credit ratings are for proles top. The elite don't worry about credit ratings.

 

[The Dude]

right and you know no poor people who stiff. LOFL
Poor people are funny

 

[Mott the Hoople]

It's actually the very rich who usually don't pay their bills. Perfect example - federated department stores. They declared bankruptcy twice during the 90's (I think they both happened during that decade, but one could have been earlier). They actually put vendors under. Some of them were trucking companies. I knew one. It was pretty ugly, but the small business has no recourse. And of course, a corporation like federated, vendors are lining up to give them credit again because they are so big. They pay no price for the bankruptcy.

No matter the size of your business you do have to plan for a certain percentage of bad debt write-offs. If you are unlucky enough to have one particularly large customer making up a high portion of your business, and they go bankrupt, you will likely go under. Definitely a bad business plan consists of allowing your business to become that dependent upon one client. You have to diversify. However...it happens.

Again, that's why it pays to put limits to the amount of credit you'll extend, keep the terms to 30 days and continously check your customers credit standing and cut them off if they fall below a certain rating. It may hurt like hell to lose a big customer cause they have bad credit but it's better then going bankrupt.