News:

SMF - Just Installed!

 

The best topic

*

Replies: 12076
Total votes: : 6

Last post: Today at 01:08:06 PM
Re: Forum gossip thread by Brent

Words of warning from the hyper wealthy...

Started by Bricktop, January 25, 2019, 11:52:17 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Bricktop

">




Hard not to believe he's totally correct.



The inequality is unsustainable.

Anonymous

Hanauer is just another libtard billionaire hypotwat.



Nitwit Billionaire Liberal Hypocrite Won't Pay His Own Employees The $15 Minimum Wage He's SCREAMING FOR

https://thefederalistpapers.org/us/nitwit-billionaire-liberal-hypocrite-wont-pay-his-own-employees-the-15-minimum-wage-hes-screaming-for">https://thefederalistpapers.org/us/nitw ... eaming-for">https://thefederalistpapers.org/us/nitwit-billionaire-liberal-hypocrite-wont-pay-his-own-employees-the-15-minimum-wage-hes-screaming-for

Bricktop

That's not quite right.



What he's saying is that EVERY employer should pay the higher minimum wage, not go it alone.



Otherwise his competition will make more money, or charge less for their products and push him out of business.



Every employee should receive the same minimum wage, as occurs here in Australia and elsewhere.

Anonymous

Hanauer doesn't practice what he preaches.  Entry-level, unskilled workers at his company in North Carolina start at $7.50 per hour, while higher-skilled workers earn upwards of $11.  When asked to explain the hypocrisy, Hanauer simply responded via Twitter that he doesn't have to:



"Because the min wage is 7.25 an hour. Make me raise wages by raising the minimum wage."

Hanauer has vilified anyone who dares to even expresses concern with the consequences of a $15 minimum wage as essentially being immoral, but he isn't going to pay his workers a higher wage unless he is forced to.



So much for leading by example.



I could spend the rest of the day digging up entertaining tidbits showcasing Hanauer's hypocrisy.  In the interest of brevity I will limit it to these two gems:



In his Bloomberg editorial "The Capitalist's Case for a $15 Minimum Wage," Hanauer complains that:



"No one earning the current minimum wage of about $15,000 per year can aspire to live decently, much less raise a family."

So by paying his workers wages that amount to slightly more than $15,000 per year, Hanauer demonstrates he does not care that his own workers cannot live decently or raise a family.



My personal favorite is when Hanauer offensively declared:



"When Wal-Mart or McDonald's or any other guy like me pays workers the minimum wage, that's our way of saying, 'I would pay you less, except then I'd go to prison.'"

Since Hanauer pays the minimum wage, he is admitting he would pay less if he legally could.  And we know he certainly is not going to pay more, unless government forces him to.



The hypocrisy of Hanauer cannot be understated or overlooked.  He relied on the minimum wage labor of entry-level, unskilled workers to build his fortune (and continues to rely on that cheap labor).  Now that he's a billionaire not only does he not pay his own workers the $15 wage he wants to foist on other businesses, he belittles small employers who say forcing them to pay a $15 wage to every unskilled, entry-level workers will hurt their business (or at the least force them to make tough decisions about how to stay in business).  



Apparently only big business billionaires are allowed to pay entry-level wages for unskilled, entry-level jobs

Anonymous

I can't stand Hanauer. Another prog billionaire buying the US Democratic party. He is pro mass illegal immigration. Ya, that's good for jobs and wages isn't it. :crazy:

Bricktop

Mmmm....OK....well, his comments were still on point. Shame he's a hypocrite.

Anonymous

#6
Quote from: "Bricktop"Mmmm....OK....well, his comments were still on point. Shame he's a hypocrite.

This is the problem with the new left. Rich progs like Hanauer have hijacked the socialist movement and handed it over to their fellow elitist latte quaffing friends.  



Progs and socialists are oil and water.

Bricktop

Progs are a political class all their own.



They don't have solutions or policies...just hate.

Anonymous

Quote from: "Bricktop"Progs are a political class all their own.



They don't have solutions or policies...just hate.

They really hate blue collar working people like me.

Frood

Blahhhhhh...

Anonymous

Quote from: "Dinky Dianna"Minimum wages are a scam.

My province, Ontario has had recent steep increases in the minimum wage. The result is fewer people working.



The economic argument in favour of a higher minimum wage is that it circulates more money through the economy. That is not true. Small business owners don't increase what they spend on payrolls. They simply reduce staff and each remaining employee becomes more productive.

JOE

Quote from: "Bricktop"
">




Hard not to believe he's totally correct.



The inequality is unsustainable.

One possible suggestion for wealth distribution is to allow individuals such as Bill Gates, Warren Buffet, George Soros, Larry Ellison & others to amass huge fortunes when  they are alive but when they die, they have to pass most of their money perhaps onto the state, public works  projects or charity. They'd be able to pass some of their fortune to family members but not $40 billion. Perhaps up to $1 billion? I think thats fair because the billionaire can still enjoy the fruits of their labor when they are alive, but cant take it with them and the money is no use to them after theyre dead anyways . Also it would discourage bloated family dynasties, the 'Right of Kings' mentality, excessive concentration of wealth and allows living entrepreneurs to benefit from this post mortem redistribution of wealth & to become billionaires themselves until its their turn to  pass it on when they die. In other the social and political system becomes refreshed and reinvigorated rather than being stifled by money which isnt circulating & finding its way into society & benefiting anyone.

Bricktop

If individuals are able to amass such large amounts of money, something is very wrong.



Either they don't pay their employees enough, or they charge too much for their crap.



Their needs to be a ceiling beyond which they pay 100% tax. It needs to be remembered that every dollar they've earned came from someone else.

Frood

And civilization would grind to a halt.



Taxation is theft.  100% tax is pure theft.
Blahhhhhh...

Anonymous

Quote from: "Bricktop"If individuals are able to amass such large amounts of money, something is very wrong.



Either they don't pay their employees enough, or they charge too much for their crap.



Their needs to be a ceiling beyond which they pay 100% tax. It needs to be remembered that every dollar they've earned came from someone else.

But, those IT billionaires like Zuckerberg are paper billionaires only. Carlos Slim, on the other hand is an actual billionaire.