Archive for February, 2009

Penalizing the Productive

February 25, 2009

Excellent read from the Neal Boortz site:

To All My Valued Employees,

There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn’t pose a threat to your job. What does threaten your job however, is the changing political landscape in this country.

However, let me tell you some little tidbits of fact which might help you decide what is in your best interests.

First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every business owner there is a back story. This back story is often neglected and overshadowed by what you see and hear. Sure, you see me park my Mercedes outside. You’ve seen my big home at last years Christmas party. I’m sure; all these flashy icons of luxury conjure up some idealized thoughts about my life.

However, what you don’t see is the back story.

I started this company 28 years ago. At that time, I lived in a 300 square foot studio apartment for 3 years. My entire living apartment was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you.

My diet consisted of Ramen Pride noodles because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a defective transmission. I didn’t have time to date. Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business — hard work, discipline, and sacrifice.

Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting the Nordstrom’s for the latest hot fashion item, I was trolling through the Goodwill store extracting any clothing item that didn’t look like it was birthed in the 70’s. My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into a business with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had.

So, while you physically arrive at the office at 9am, mentally check in at about noon, and then leave at 5pm, I don’t. There is no “off” button for me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have the freedom. I eat, and breathe this company every minute of the day. There is no rest. There is no weekend. There is no happy hour. Every day this business is attached to my hip like a 1 year old special-needs child. You, of course, only see the fruits of that garden — the nice house, the Mercedes, the vacations… You never realize the back story and the sacrifices I’ve made.

Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have to bail-out all the people who didn’t. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed a decade of my life for.

Yes, business ownership has is benefits but the price I’ve paid is steep and not without wounds.

Unfortunately, the cost of running this business, and employing you, is starting to eclipse the threshold of marginal benefit and let me tell you why:

I am being taxed to death and the government thinks I don’t pay enough. I have state taxes. Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on taxes. I have to hire a tax man to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations and all the accounting that goes with it, now occupy most of my time. On Oct 15th, I wrote a check to the US Treasury for $288,000 for quarterly taxes. You know what my “stimulus” check was? Zero. Nada. Zilch.

The question I have is this: Who is stimulating the economy? Me, the guy who has provided 14 people good paying jobs and serves over 2,200,000 people per year with a flourishing business? Or, the single mother sitting at home pregnant with her fourth child waiting for her next welfare check? Obviously, government feels the latter is the economic stimulus of this country.

The fact is, if I deducted (Read: Stole) 50% of your paycheck you’d quit and you wouldn’t work here. I mean, why should you? That’s nuts. Who wants to get rewarded only 50% of their hard work? Well, I agree which is why your job is in jeopardy.

Here is what many of you don’t understand … to stimulate the economy you need to stimulate what runs the economy. Had suddenly government mandated to me that I didn’t need to pay taxes, guess what? Instead of depositing that $288,000 into the Washington black-hole, I would have spent it, hired more employees, and generated substantial economic growth. My employees would have enjoyed the wealth of that tax cut in the form of promotions and better salaries. But you can forget it now.

When you have a comatose man on the verge of death, you don’t defibrillate and shock his thumb thinking that will bring him back to life, do you? Or, do you defibrillate his heart? Business is at the heart of America and always has been. To restart it, you must stimulate it, not kill it. Suddenly, the power brokers in Washington believe the poor of America are the essential drivers of the American economic engine. Nothing could be further from the truth and this is the type of change you can keep.

So where am I going with all this?

It’s quite simple.

If any new taxes are levied on me, or my company, my reaction will be swift and simple. I fire you. I fire your co-workers. You can then plead with the government to pay for your mortgage, your SUV, and your child’s future. Frankly, it isn’t my problem any more.

Then, I will close this company down, move to another country, and retire. You see, I’m done. I’m done with a country that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, will be my citizenship.

If you lose your job, it won’t be at the hands of the economy; it will be at the hands of a political hurricane that swept through this country, steamrolled the constitution, and will have changed its landscape forever. If that happens, you can find me sitting on a beach, retired, and with no employees to worry about….

Signed,

Your boss

Subsidizing the losers

February 20, 2009

If you have not seen this clip, it is so worth watching:

He really hit the mark and is 100% correct.  Again, it makes one wonder what our favorite political science professor and # 1 Obama supporter and apologist has to say about all this. 

Can someone tell me where Rick Santelli is wrong?

Govco Madness

February 13, 2009

Ok.  Here is a great example of why Govco is such a failure and corrupt and, well, quite frankly, just a big bunch of idiots.   In a city where a friend of mine and a contributor to the Moratorium site lives they have a huge budget shortfall.  Over $7 million for 2009.  The County is looking at $90 million shortfall.  The school district is looking even worse with $100 million in the red.  YET, what is the city doing?  Let’s see…$67,000 for an art sculpture at a fire station, funding for a water park (that has lost millions of dollars over the past two years), funding for a baseball stadium, funding for a hall of fame, funding for a light rail system that is losing money, funding for a basketball arena for a billionaire, funding for traffic police for same arena, funding for same sex benefits…the list goes on and on.  Joke, right?  Um..yeah!

 

Now, these same city geniuses are wringing their hands about the layoffs they are going to have to make at the schools and other city/county businesses.  Larger class sizes, fewer city services, less money for welfare.  Also, fewer Police on the streets so higher crime.  Less money for prosecutors and for processing crimes such as rape cases.  Oh, woe is me!!!  What are we to do….except pay for outrageous things such as “art” and traffic control for a billionaire? 

 

Remember folks, this is YOUR Govco at work.  These are the people YOU voted for.   Don’t come crying to me when YOU keep putting them in office AND supporting them simply because of the big “R” or “D” on their jersey.

Quote of the day

February 13, 2009

“You’re getting $600 – what can you do with that?  Not to be ungrateful or anything, but maybe it pays down a bill, but it doesn’t pay down every bill every month. The short-term quick fix kinda stuff sounds good, and it may even feel good that first month when you get that check, and then you go out and you buy a pair of earrings.”

 

 

 

 

Who said that? Some Republican ripping on Obama and his “stimulus” plan?  Some Rightwinger on Fox News ripping on Liberals? …..

 No. Sorry.  It was from the First Lady herself, Michelle Obama.  She was making fun of the Bush tax rebate (BTW Michelle, it was $800 and $1600) back in May 2008. 

 

All kidding aside, I do see her point.  I mean, how can you beat what her husband is currently doing?  I mean, $15.00 a week starting in June that gets reduced  to $8.00 in January 2010.  Now THAT is tax cuts!!

Press Conference

February 13, 2009

So, Obama pre-selected which reporters would ask him questions the other night at his press conference.  Isn’t that nice.  Imagine if Bush had did this, the media would be crying that “See..he’s an idiot and needs to know what questions will be coming at him and from who. He can’t think on his feet!” yet, we hear nothing about Obama doing this. 

So much for this White House being “open and transparent”.  I didn’t think the Obama administration would turn out to be such a joke so soon.  It took Clinton a few years to become one.

Fear

February 10, 2009

What a change.  Back in the 30’s, the icon of the Democratic party said “We have nothing to fear but fear itself”.  Today, President Obama just piles and heaps and pours and stacks the fear on.  In fact, Obama is saying that it’s pretty much the end of the world IF and only if GOVCO steps in.  Obama is saying that the only way out of this is by Govco. 

 

So, for all you Liberals out there trying to compare Obama to FDR….if only FDR was here to give another fireside chat and calm all the fears out there instead of Obama playing on them.

Taxes

February 6, 2009

Have you noticed that Liberals don’t want to give you tax cuts and say that paying higher taxes is patriotic yet THEY don’t pay their taxes???   

 Huh.  I don’t get it.

Which is it?

February 6, 2009

So, Obama tells Fox news that:

“There is no magic bullet to these situations.” 

and then goes on to say that we face the end of the world as we know it if we don’t pass this spending bill from Congress:

“A failure to act, and act now [on the bill], will turn crisis into a catastrophe,”

Great way to stir up fear and loathing there Obama.  “Catastrophe”???   Remember when Bush would mention something about the state of the economy and the left would say he was “talking down” the ecomony?   I guess that doesn’t apply to “The Chosen One”.

Anyway, I think we need a moratorium on calling this thing a “stimulus” as it will not stimulate the economy.  It’s only a spending bill.  That’s it.

Quote of the day

February 6, 2009

Neal Boortz:

Tax cuts … letting people keep the money they earn and spend it how they like … does not translate into more power for politicians in Washington. They grow their power by spending your money .. not the other way around.

He knows better

February 3, 2009

I just had to make this into a post.  I made a comment about Mitch Albom and his ridiculous comment on how government should stop the “elitist immorality” of businesses spending money.  His exact quote is:

“Enough is enough. If they won’t stop this elitist immorality, the government should make them.”

He is crying about John Thain the former CEO of Merrill Lynch and the huge bill he racked up on redecorating his office.  Albom thinks that Govco needs to step in and tell businesses what they can spend money on and how much.  I guess he is following in the footsteps of “King Obama” in that Govco should decide how much your salary is and when you can make bonuses. 

You know, Mitch left out two things.  One is that Thain spent that money on his office back when the stock market was at 14,000 and the total melt down had not started.  Secondly, Mitch left out that he in the Forbes 2007 list and made $6,000,000 that year.   Shouldn’t Govco step in and tell him for a writer, that is just too much money? You know, I also think it’s stupid that a business would spend that much money on an office but, it’s THEIR money.  Also, how much do some of these businesses give to charity? 

Maybe profession athletes and actors make too much m0ney.  Where is Albom and Obama on that? 

Bunch of whining Liberals who we all need a moratorium on.