Corporate profit

[spdrun]

So let’s nationalize the entire American banking system!

Wouldn’t be a bad idea to kick the Wall Street scum to the curb.

[phaster]

[quote=flu]

The secret sauce for why the chinese have been able to advance so quickly is simple…(1) Deny the majority of the dumb people in the country the opportunity to have a say in the decision making process of anything (2) Invest heavily in well educated tech people and import experts from all over the world so they can learn from them (3) Dump a bunch of money into businesses and relax regulation to the point of almost “anything goes”

You really think they build they high speed bullet train all by themselves? Nope. They brought in the experts from europe…And now, they know how to build high speed rails…. Same could be said for other tech…

Democracy is the fairest system in the world. However, it’s not the most efficient system…[/quote]

actually back in the day I came to the conclusion that a well governed “republic” is the most efficient system

http://www.diffen.com/difference/Democracy_vs_Republic

sadly from what have seen, is the elected leadership of the USA have the mental capacity of pre-school kids and also “govern” according to the law of of the pre-school sand box (basic I don’t want to share the toys or space in the sand box)

[an]

[quote=spdrun]

So let’s nationalize the entire American banking system!

Wouldn’t be a bad idea to kick the Wall Street scum to the curb.[/quote]Maybe then, the line to talk to a teller will be as efficient as the lines at the DMV.

[FlyerInHi]

I’ve not had to go to the DMV in CA for years.

The DMV, at least in Nevada, is moving into the 21st century. There’s a text number you text to check-in from home. The system sends you periodic status of your place in line. About 40 minutes ahead, you get a text telling you to head to DMV. Then when you’re waiting at the DMV, you get a text telling you to go window X (it also shows you on the screen and announces over the PA). It was a very simple process, really.

[CA renter]

[quote=AN][quote=spdrun]

So let’s nationalize the entire American banking system!

Wouldn’t be a bad idea to kick the Wall Street scum to the curb.[/quote]Maybe then, the line to talk to a teller will be as efficient as the lines at the DMV.[/quote]

When you consider the volume that they are dealing with, along with the variety of issues they handle (commercial licenses, testing, health exams, etc.) the DMV is extremely efficient.

Contrary to the propaganda and rhetoric, public institutions are very efficient. Look up the data on public vs private services and which ones are more cost-efficient and which deliver better, more seamless services.

The number of regulations and laws they have to deal with is what makes public institutions look less efficient. But when we look at countries that don’t have these laws and regulations (and even I will admit that there are too many regulations), things like this happen:

http://www.statista.com/statistics/269649/earthquake-deaths-by-country/

(Japan has extremely good regulations, but they have more — and more severe — earthquakes in high-density areas than just about anywhere else.)

Not just earthquakes, but workplace injuries and fatalities, fires, floods, disease transmission, etc. Regulations exist for a reason.

[FlyerInHi]

Talking about the DMV, they should force people to do certain transactions online or by mail, keeping in office transaction only to those that require a personal appearance.

Same goes with the post office.

Often times there’s no need to go in person.

I think that a lot of people are lonely and just like to run errands, like my retired cop neighbor in Vegas. He’s a widow and loves to run around.
Great neighbor. Always very helpful.

[spdrun]

Why force anyone to do anything? Just charge slightly more to cover the labor costs of an in-person transaction that can also be done through other means.

[no_such_reality]

Technically, CalPERS is the government and Wall street, all rolled in one.

[FlyerInHi]

[quote=spdrun]Why force anyone to do anything? Just charge slightly more to cover the labor costs of an in-person transaction that can also be done through other means.[/quote]

That’s what the post office does now. you get a slight discount if you print your shipping label online.

I believe that banks also charge for teller visits.

I just don’t understand why people insist on waiting in line for what they can do in the comfort of their homes.

[CA renter]

[quote=FlyerInHi][quote=spdrun]Why force anyone to do anything? Just charge slightly more to cover the labor costs of an in-person transaction that can also be done through other means.[/quote]

That’s what the post office does now. you get a slight discount if you print your shipping label online.

I believe that banks also charge for teller visits.

I just don’t understand why people insist on waiting in line for what they can do in the comfort of their homes.[/quote]

Some of us like to get outside and be a part of the “real” world. You know…actually talk to flesh-and-blood people.

[spdrun]

I believe that banks also charge for teller visits.

Not any bank that I’d care to deal with — losing an ATM card and having to PAY for the privilege of access to money would likely cause me to go Alec Baldwin on someone.

[FlyerInHi]

[quote=CA renter]

Some of us like to get outside and be a part of the “real” world. You know…actually talk to flesh-and-blood people.[/quote]

My new friend, the retired capitol cop, complained that he’s really lonely in Vegas. Relatives are back East and nobody has time or money to visit.
When he was a cop he talked to people all day. If I need company, a quick lunch buffet or something, I can always count on him.

[CA renter]

[quote=FlyerInHi][quote=CA renter]

Some of us like to get outside and be a part of the “real” world. You know…actually talk to flesh-and-blood people.[/quote]

My new friend, the retired capitol cop, complained that he’s really lonely in Vegas. Relatives are back East and nobody has time or money to visit.
When he was a cop he talked to people all day. If I need company, a quick lunch buffet or something, I can always count on him.[/quote]

You’re lucky to have him, and he’s lucky to have you, too. 🙂

Why doesn’t he move back east? What drew him to Las Vegas?

[FlyerInHi]

[quote=CA renter]
Why doesn’t he move back east? What drew him to Las Vegas?[/quote]

A friend moved to Vegas for work. It was always s dream to live in California but he can’t afford it. He was drawn by the lure of a “resort style” retirement. Was sick of the weather and the old grungy cities back East. Vegas is perfect, except for the lack of friends and family. Apparently, people in Vegas are not that friendly.

That’s great for me… If I need to ask him to run to DMV for me, he would be gladly do so. Except in NV, DMV power of attorney needs to be notarized. Not so in CA.

[CA renter]

Kinda sad that he has no friends or relatives there. I hope he can find a friend in you.

[Author]

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