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TheBreeze
Participant[quote=gary_broker]Kewp, you are leaving out a huge part of the equation. The business owners are the ones that manned up, took the risk, and put up the capital to fund the business. Regardless of the prevailing perception around here most business owners (including myself) work relentlessly, WAY harder then any employee you could hope to hire (14 hours a day is typical) and we often have employee’s who make more money then ourselves!
Have you ever owned a business? It takes huge balls to risk your life savings on a business. If the business fails the employees move on to another job whereas the owner can be left penniless. That brings me to the intent of this post.. it is about risk/reward. In my view the people that put it all on the line and bust their asses to keep people employed deserve the success they achieve.
[/quote]14 hours a day as a broker? So you sit in a comfy chair at a comfy desk and either look at a computer screen or talk to people on the phone and try to bilk them out of their money? Sounds tough. Try 14 hours as a strawberry picker. I bet you wouldn’t last a day.
As far as risking your life savings goes, most business owners choose to incorporate to protect themselves from personal liability. Then, they can take reckless risks with other people’s money. Some get lucky and succeed. Others go bankrupt with other people’s money (e.g., the taxpayer’s $700 billion bailout of the super-rich). Some are so unscrupulouse that they borrow taxpayer money and do it again.
Every rich person I know is just like you, Gary. They all feel entitled. None of them want to pay their fair share of taxes. Hopefully the next administration will force the super-rich to pay their fair share — especially given as its the super-rich on Wall Street who have pushed this country into The Great Depression II.
Participant[quote=gary_broker]Kewp, you are leaving out a huge part of the equation. The business owners are the ones that manned up, took the risk, and put up the capital to fund the business. Regardless of the prevailing perception around here most business owners (including myself) work relentlessly, WAY harder then any employee you could hope to hire (14 hours a day is typical) and we often have employee’s who make more money then ourselves!
Have you ever owned a business? It takes huge balls to risk your life savings on a business. If the business fails the employees move on to another job whereas the owner can be left penniless. That brings me to the intent of this post.. it is about risk/reward. In my view the people that put it all on the line and bust their asses to keep people employed deserve the success they achieve.
[/quote]14 hours a day as a broker? So you sit in a comfy chair at a comfy desk and either look at a computer screen or talk to people on the phone and try to bilk them out of their money? Sounds tough. Try 14 hours as a strawberry picker. I bet you wouldn’t last a day.
As far as risking your life savings goes, most business owners choose to incorporate to protect themselves from personal liability. Then, they can take reckless risks with other people’s money. Some get lucky and succeed. Others go bankrupt with other people’s money (e.g., the taxpayer’s $700 billion bailout of the super-rich). Some are so unscrupulouse that they borrow taxpayer money and do it again.
Every rich person I know is just like you, Gary. They all feel entitled. None of them want to pay their fair share of taxes. Hopefully the next administration will force the super-rich to pay their fair share — especially given as its the super-rich on Wall Street who have pushed this country into The Great Depression II.
Participant[quote=gary_broker]Kewp, you are leaving out a huge part of the equation. The business owners are the ones that manned up, took the risk, and put up the capital to fund the business. Regardless of the prevailing perception around here most business owners (including myself) work relentlessly, WAY harder then any employee you could hope to hire (14 hours a day is typical) and we often have employee’s who make more money then ourselves!
Have you ever owned a business? It takes huge balls to risk your life savings on a business. If the business fails the employees move on to another job whereas the owner can be left penniless. That brings me to the intent of this post.. it is about risk/reward. In my view the people that put it all on the line and bust their asses to keep people employed deserve the success they achieve.
[/quote]14 hours a day as a broker? So you sit in a comfy chair at a comfy desk and either look at a computer screen or talk to people on the phone and try to bilk them out of their money? Sounds tough. Try 14 hours as a strawberry picker. I bet you wouldn’t last a day.
As far as risking your life savings goes, most business owners choose to incorporate to protect themselves from personal liability. Then, they can take reckless risks with other people’s money. Some get lucky and succeed. Others go bankrupt with other people’s money (e.g., the taxpayer’s $700 billion bailout of the super-rich). Some are so unscrupulouse that they borrow taxpayer money and do it again.
Every rich person I know is just like you, Gary. They all feel entitled. None of them want to pay their fair share of taxes. Hopefully the next administration will force the super-rich to pay their fair share — especially given as its the super-rich on Wall Street who have pushed this country into The Great Depression II.
Participant[quote=gary_broker]Kewp, you are leaving out a huge part of the equation. The business owners are the ones that manned up, took the risk, and put up the capital to fund the business. Regardless of the prevailing perception around here most business owners (including myself) work relentlessly, WAY harder then any employee you could hope to hire (14 hours a day is typical) and we often have employee’s who make more money then ourselves!
Have you ever owned a business? It takes huge balls to risk your life savings on a business. If the business fails the employees move on to another job whereas the owner can be left penniless. That brings me to the intent of this post.. it is about risk/reward. In my view the people that put it all on the line and bust their asses to keep people employed deserve the success they achieve.
[/quote]14 hours a day as a broker? So you sit in a comfy chair at a comfy desk and either look at a computer screen or talk to people on the phone and try to bilk them out of their money? Sounds tough. Try 14 hours as a strawberry picker. I bet you wouldn’t last a day.
As far as risking your life savings goes, most business owners choose to incorporate to protect themselves from personal liability. Then, they can take reckless risks with other people’s money. Some get lucky and succeed. Others go bankrupt with other people’s money (e.g., the taxpayer’s $700 billion bailout of the super-rich). Some are so unscrupulouse that they borrow taxpayer money and do it again.
Every rich person I know is just like you, Gary. They all feel entitled. None of them want to pay their fair share of taxes. Hopefully the next administration will force the super-rich to pay their fair share — especially given as its the super-rich on Wall Street who have pushed this country into The Great Depression II.
October 8, 2008 at 5:15 AM in reply to: AIG exec spa retreat less than 1 wk after bailout. $200K for hotel rooms and $23k for spa services #283168Participant[quote=patientrenter]I know the insurance business. A company that doesn’t treat its independent agents well dies quickly. Some senior execs hate going to these events. Others love it. But it’s a perk for the agents, and an event is held only if the assessment is that it will pay for itself through more sales from the invited agents. You send only the execs that you think the agents will want/need to see there.
Typically, the events are arranged a year in advance. Cancellation might not have saved much, if anything.
Should AIG have cancelled? Given the sound bites that have been made out of it, probably. But if you’re trying to make sure that a business doesn’t go down the tubes, the last thing you do is send a message to your customers that you are “shutting down”. Sending out cancellation notices to your top agents would have sent that message.
Remember, AIG may be cooked, but its insurance subsidiaries are healthy businesses. AIG is hoping to repay that Fed Reserve loan by selling off its insurance subs. AIG managers should be sued for negligence if they permitted the businesses to lose customers and value unnecessarily.
Maybe it was a dumb call, but it’s not as straightforward as it looks from a distance.[/quote]
Is agent retention a problem in today’s market? I would think not. Yes, AIG should have cancelled this boondoggle. I wish the government would have let this POS, criminal outfit go bankrupt.
October 8, 2008 at 5:15 AM in reply to: AIG exec spa retreat less than 1 wk after bailout. $200K for hotel rooms and $23k for spa services #283452Participant[quote=patientrenter]I know the insurance business. A company that doesn’t treat its independent agents well dies quickly. Some senior execs hate going to these events. Others love it. But it’s a perk for the agents, and an event is held only if the assessment is that it will pay for itself through more sales from the invited agents. You send only the execs that you think the agents will want/need to see there.
Typically, the events are arranged a year in advance. Cancellation might not have saved much, if anything.
Should AIG have cancelled? Given the sound bites that have been made out of it, probably. But if you’re trying to make sure that a business doesn’t go down the tubes, the last thing you do is send a message to your customers that you are “shutting down”. Sending out cancellation notices to your top agents would have sent that message.
Remember, AIG may be cooked, but its insurance subsidiaries are healthy businesses. AIG is hoping to repay that Fed Reserve loan by selling off its insurance subs. AIG managers should be sued for negligence if they permitted the businesses to lose customers and value unnecessarily.
Maybe it was a dumb call, but it’s not as straightforward as it looks from a distance.[/quote]
Is agent retention a problem in today’s market? I would think not. Yes, AIG should have cancelled this boondoggle. I wish the government would have let this POS, criminal outfit go bankrupt.
October 8, 2008 at 5:15 AM in reply to: AIG exec spa retreat less than 1 wk after bailout. $200K for hotel rooms and $23k for spa services #283479Participant[quote=patientrenter]I know the insurance business. A company that doesn’t treat its independent agents well dies quickly. Some senior execs hate going to these events. Others love it. But it’s a perk for the agents, and an event is held only if the assessment is that it will pay for itself through more sales from the invited agents. You send only the execs that you think the agents will want/need to see there.
Typically, the events are arranged a year in advance. Cancellation might not have saved much, if anything.
Should AIG have cancelled? Given the sound bites that have been made out of it, probably. But if you’re trying to make sure that a business doesn’t go down the tubes, the last thing you do is send a message to your customers that you are “shutting down”. Sending out cancellation notices to your top agents would have sent that message.
Remember, AIG may be cooked, but its insurance subsidiaries are healthy businesses. AIG is hoping to repay that Fed Reserve loan by selling off its insurance subs. AIG managers should be sued for negligence if they permitted the businesses to lose customers and value unnecessarily.
Maybe it was a dumb call, but it’s not as straightforward as it looks from a distance.[/quote]
Is agent retention a problem in today’s market? I would think not. Yes, AIG should have cancelled this boondoggle. I wish the government would have let this POS, criminal outfit go bankrupt.
October 8, 2008 at 5:15 AM in reply to: AIG exec spa retreat less than 1 wk after bailout. $200K for hotel rooms and $23k for spa services #283496Participant[quote=patientrenter]I know the insurance business. A company that doesn’t treat its independent agents well dies quickly. Some senior execs hate going to these events. Others love it. But it’s a perk for the agents, and an event is held only if the assessment is that it will pay for itself through more sales from the invited agents. You send only the execs that you think the agents will want/need to see there.
Typically, the events are arranged a year in advance. Cancellation might not have saved much, if anything.
Should AIG have cancelled? Given the sound bites that have been made out of it, probably. But if you’re trying to make sure that a business doesn’t go down the tubes, the last thing you do is send a message to your customers that you are “shutting down”. Sending out cancellation notices to your top agents would have sent that message.
Remember, AIG may be cooked, but its insurance subsidiaries are healthy businesses. AIG is hoping to repay that Fed Reserve loan by selling off its insurance subs. AIG managers should be sued for negligence if they permitted the businesses to lose customers and value unnecessarily.
Maybe it was a dumb call, but it’s not as straightforward as it looks from a distance.[/quote]
Is agent retention a problem in today’s market? I would think not. Yes, AIG should have cancelled this boondoggle. I wish the government would have let this POS, criminal outfit go bankrupt.
October 8, 2008 at 5:15 AM in reply to: AIG exec spa retreat less than 1 wk after bailout. $200K for hotel rooms and $23k for spa services #283504Participant[quote=patientrenter]I know the insurance business. A company that doesn’t treat its independent agents well dies quickly. Some senior execs hate going to these events. Others love it. But it’s a perk for the agents, and an event is held only if the assessment is that it will pay for itself through more sales from the invited agents. You send only the execs that you think the agents will want/need to see there.
Typically, the events are arranged a year in advance. Cancellation might not have saved much, if anything.
Should AIG have cancelled? Given the sound bites that have been made out of it, probably. But if you’re trying to make sure that a business doesn’t go down the tubes, the last thing you do is send a message to your customers that you are “shutting down”. Sending out cancellation notices to your top agents would have sent that message.
Remember, AIG may be cooked, but its insurance subsidiaries are healthy businesses. AIG is hoping to repay that Fed Reserve loan by selling off its insurance subs. AIG managers should be sued for negligence if they permitted the businesses to lose customers and value unnecessarily.
Maybe it was a dumb call, but it’s not as straightforward as it looks from a distance.[/quote]
Is agent retention a problem in today’s market? I would think not. Yes, AIG should have cancelled this boondoggle. I wish the government would have let this POS, criminal outfit go bankrupt.
Participant[quote=Ex-SD]4plexowner : I’m with you, brother! I started delivering newspapers and TV Guides when I was nine years old. I had a morning, evening 7 Sunday paper route that required me to get up at 4:30 in the morning so I could finish the route and get ready for school. I learned a great work ethic from this experience and the more money I made as an adult, the government was always standing there, wanting more & more for the “ner-do-wells” of America who had NO work ethic and who are always pissing & moaning about how sorry their lives are when the real problem is that they are simply professional victims of their own making. It makes me very angry that the liberals in the government want to punish the people who keep the economy working and reward the bozo’s who only want to take…….and take…………..and take some more…………..and then bitch about how little they have. Screw ’em!! [/quote]
I hear ya’ brother! No doubt you would have been just as successful in Russia or China. All your success is because of YOUR efforts and people like YOU shouldn’t have to pay any taxes because YOU are so special.
Now you just have to convince the other 99% of Americans who make less than you to lower your taxes after they’ve seen the very rich rape the system for the last 8 years. It should be an easy sell.
Edited to add:By the way, if you make less than the top 1% (approximately $250K per year), then you don’t have anything to worry about under either McCain’s or Obama’s proposed tax plans as folks who make less than $250K will not see their taxes raised under either new administration’s plans. It’s only the super-rich like FLU who should fear the Obama plan as they will finally have to pay their fair share.
Participant[quote=Ex-SD]4plexowner : I’m with you, brother! I started delivering newspapers and TV Guides when I was nine years old. I had a morning, evening 7 Sunday paper route that required me to get up at 4:30 in the morning so I could finish the route and get ready for school. I learned a great work ethic from this experience and the more money I made as an adult, the government was always standing there, wanting more & more for the “ner-do-wells” of America who had NO work ethic and who are always pissing & moaning about how sorry their lives are when the real problem is that they are simply professional victims of their own making. It makes me very angry that the liberals in the government want to punish the people who keep the economy working and reward the bozo’s who only want to take…….and take…………..and take some more…………..and then bitch about how little they have. Screw ’em!! [/quote]
I hear ya’ brother! No doubt you would have been just as successful in Russia or China. All your success is because of YOUR efforts and people like YOU shouldn’t have to pay any taxes because YOU are so special.
Now you just have to convince the other 99% of Americans who make less than you to lower your taxes after they’ve seen the very rich rape the system for the last 8 years. It should be an easy sell.
Edited to add:By the way, if you make less than the top 1% (approximately $250K per year), then you don’t have anything to worry about under either McCain’s or Obama’s proposed tax plans as folks who make less than $250K will not see their taxes raised under either new administration’s plans. It’s only the super-rich like FLU who should fear the Obama plan as they will finally have to pay their fair share.
Participant[quote=Ex-SD]4plexowner : I’m with you, brother! I started delivering newspapers and TV Guides when I was nine years old. I had a morning, evening 7 Sunday paper route that required me to get up at 4:30 in the morning so I could finish the route and get ready for school. I learned a great work ethic from this experience and the more money I made as an adult, the government was always standing there, wanting more & more for the “ner-do-wells” of America who had NO work ethic and who are always pissing & moaning about how sorry their lives are when the real problem is that they are simply professional victims of their own making. It makes me very angry that the liberals in the government want to punish the people who keep the economy working and reward the bozo’s who only want to take…….and take…………..and take some more…………..and then bitch about how little they have. Screw ’em!! [/quote]
I hear ya’ brother! No doubt you would have been just as successful in Russia or China. All your success is because of YOUR efforts and people like YOU shouldn’t have to pay any taxes because YOU are so special.
Now you just have to convince the other 99% of Americans who make less than you to lower your taxes after they’ve seen the very rich rape the system for the last 8 years. It should be an easy sell.
Edited to add:By the way, if you make less than the top 1% (approximately $250K per year), then you don’t have anything to worry about under either McCain’s or Obama’s proposed tax plans as folks who make less than $250K will not see their taxes raised under either new administration’s plans. It’s only the super-rich like FLU who should fear the Obama plan as they will finally have to pay their fair share.
Participant[quote=Ex-SD]4plexowner : I’m with you, brother! I started delivering newspapers and TV Guides when I was nine years old. I had a morning, evening 7 Sunday paper route that required me to get up at 4:30 in the morning so I could finish the route and get ready for school. I learned a great work ethic from this experience and the more money I made as an adult, the government was always standing there, wanting more & more for the “ner-do-wells” of America who had NO work ethic and who are always pissing & moaning about how sorry their lives are when the real problem is that they are simply professional victims of their own making. It makes me very angry that the liberals in the government want to punish the people who keep the economy working and reward the bozo’s who only want to take…….and take…………..and take some more…………..and then bitch about how little they have. Screw ’em!! [/quote]
I hear ya’ brother! No doubt you would have been just as successful in Russia or China. All your success is because of YOUR efforts and people like YOU shouldn’t have to pay any taxes because YOU are so special.
Now you just have to convince the other 99% of Americans who make less than you to lower your taxes after they’ve seen the very rich rape the system for the last 8 years. It should be an easy sell.
Edited to add:By the way, if you make less than the top 1% (approximately $250K per year), then you don’t have anything to worry about under either McCain’s or Obama’s proposed tax plans as folks who make less than $250K will not see their taxes raised under either new administration’s plans. It’s only the super-rich like FLU who should fear the Obama plan as they will finally have to pay their fair share.
Participant[quote=Ex-SD]4plexowner : I’m with you, brother! I started delivering newspapers and TV Guides when I was nine years old. I had a morning, evening 7 Sunday paper route that required me to get up at 4:30 in the morning so I could finish the route and get ready for school. I learned a great work ethic from this experience and the more money I made as an adult, the government was always standing there, wanting more & more for the “ner-do-wells” of America who had NO work ethic and who are always pissing & moaning about how sorry their lives are when the real problem is that they are simply professional victims of their own making. It makes me very angry that the liberals in the government want to punish the people who keep the economy working and reward the bozo’s who only want to take…….and take…………..and take some more…………..and then bitch about how little they have. Screw ’em!! [/quote]
I hear ya’ brother! No doubt you would have been just as successful in Russia or China. All your success is because of YOUR efforts and people like YOU shouldn’t have to pay any taxes because YOU are so special.
Now you just have to convince the other 99% of Americans who make less than you to lower your taxes after they’ve seen the very rich rape the system for the last 8 years. It should be an easy sell.
Edited to add:By the way, if you make less than the top 1% (approximately $250K per year), then you don’t have anything to worry about under either McCain’s or Obama’s proposed tax plans as folks who make less than $250K will not see their taxes raised under either new administration’s plans. It’s only the super-rich like FLU who should fear the Obama plan as they will finally have to pay their fair share.
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