[underdose]

MadeinTaiwan said “This is how many many companies make payroll and pay creditors.”

I would personally call this a bad practice. If a company is handling its cashflow that close to the wire, they are either mismanaging things are playing a pretty risky game to greedily try to squeeze a little more profit out. This is the equivalent of me depleting my bank account on beer right before rent is due, withdrawing cash on my credit card to pay rent, then when payday hits a few days later paying off my credit card. When a single person does this, we call it irresponsible. When a company does, well, that’s just the way business is done. It strikes me as a double standard.

[underdose]

MadeinTaiwan said “This is how many many companies make payroll and pay creditors.”

I would personally call this a bad practice. If a company is handling its cashflow that close to the wire, they are either mismanaging things are playing a pretty risky game to greedily try to squeeze a little more profit out. This is the equivalent of me depleting my bank account on beer right before rent is due, withdrawing cash on my credit card to pay rent, then when payday hits a few days later paying off my credit card. When a single person does this, we call it irresponsible. When a company does, well, that’s just the way business is done. It strikes me as a double standard.

[underdose]

MadeinTaiwan said “This is how many many companies make payroll and pay creditors.”

I would personally call this a bad practice. If a company is handling its cashflow that close to the wire, they are either mismanaging things are playing a pretty risky game to greedily try to squeeze a little more profit out. This is the equivalent of me depleting my bank account on beer right before rent is due, withdrawing cash on my credit card to pay rent, then when payday hits a few days later paying off my credit card. When a single person does this, we call it irresponsible. When a company does, well, that’s just the way business is done. It strikes me as a double standard.

[underdose]

MadeinTaiwan said “This is how many many companies make payroll and pay creditors.”

I would personally call this a bad practice. If a company is handling its cashflow that close to the wire, they are either mismanaging things are playing a pretty risky game to greedily try to squeeze a little more profit out. This is the equivalent of me depleting my bank account on beer right before rent is due, withdrawing cash on my credit card to pay rent, then when payday hits a few days later paying off my credit card. When a single person does this, we call it irresponsible. When a company does, well, that’s just the way business is done. It strikes me as a double standard.

[underdose]

MadeinTaiwan said “This is how many many companies make payroll and pay creditors.”

I would personally call this a bad practice. If a company is handling its cashflow that close to the wire, they are either mismanaging things are playing a pretty risky game to greedily try to squeeze a little more profit out. This is the equivalent of me depleting my bank account on beer right before rent is due, withdrawing cash on my credit card to pay rent, then when payday hits a few days later paying off my credit card. When a single person does this, we call it irresponsible. When a company does, well, that’s just the way business is done. It strikes me as a double standard.

[underdose]

“We will not work our way out of the depression/recession until we take the focus OFF of housing/credit and shift our resources to the REAL economy. The idiots in D.C. do not get this.”

Well said, CA Renter!

Here’s a fun little thought experiment. Imagine all the capital poured into the Iraq war and the housing bubble and bust. Now, imagine instead all that money going to building solar panel plants and putting the new panels on every rooftop in America. For the forseeable future our power would be essentially free (not really in accounting terms as the panels get depreciated, etc., but in spirit), would not run out, could power plug in hybrid cars and power industries that, with cheap power, could compete with the cheap labor in China and other countries. We would be truly wealthy, not phony wealthy because our houses are expensive and our credit cards are maxed out, but truly producing abundance. The ninnies in DC still are clinging to the idea that “consumerism” is the definition of wealth.

[underdose]

“We will not work our way out of the depression/recession until we take the focus OFF of housing/credit and shift our resources to the REAL economy. The idiots in D.C. do not get this.”

Well said, CA Renter!

Here’s a fun little thought experiment. Imagine all the capital poured into the Iraq war and the housing bubble and bust. Now, imagine instead all that money going to building solar panel plants and putting the new panels on every rooftop in America. For the forseeable future our power would be essentially free (not really in accounting terms as the panels get depreciated, etc., but in spirit), would not run out, could power plug in hybrid cars and power industries that, with cheap power, could compete with the cheap labor in China and other countries. We would be truly wealthy, not phony wealthy because our houses are expensive and our credit cards are maxed out, but truly producing abundance. The ninnies in DC still are clinging to the idea that “consumerism” is the definition of wealth.

[underdose]

“We will not work our way out of the depression/recession until we take the focus OFF of housing/credit and shift our resources to the REAL economy. The idiots in D.C. do not get this.”

Well said, CA Renter!

Here’s a fun little thought experiment. Imagine all the capital poured into the Iraq war and the housing bubble and bust. Now, imagine instead all that money going to building solar panel plants and putting the new panels on every rooftop in America. For the forseeable future our power would be essentially free (not really in accounting terms as the panels get depreciated, etc., but in spirit), would not run out, could power plug in hybrid cars and power industries that, with cheap power, could compete with the cheap labor in China and other countries. We would be truly wealthy, not phony wealthy because our houses are expensive and our credit cards are maxed out, but truly producing abundance. The ninnies in DC still are clinging to the idea that “consumerism” is the definition of wealth.

[underdose]

“We will not work our way out of the depression/recession until we take the focus OFF of housing/credit and shift our resources to the REAL economy. The idiots in D.C. do not get this.”

Well said, CA Renter!

Here’s a fun little thought experiment. Imagine all the capital poured into the Iraq war and the housing bubble and bust. Now, imagine instead all that money going to building solar panel plants and putting the new panels on every rooftop in America. For the forseeable future our power would be essentially free (not really in accounting terms as the panels get depreciated, etc., but in spirit), would not run out, could power plug in hybrid cars and power industries that, with cheap power, could compete with the cheap labor in China and other countries. We would be truly wealthy, not phony wealthy because our houses are expensive and our credit cards are maxed out, but truly producing abundance. The ninnies in DC still are clinging to the idea that “consumerism” is the definition of wealth.

[underdose]

“We will not work our way out of the depression/recession until we take the focus OFF of housing/credit and shift our resources to the REAL economy. The idiots in D.C. do not get this.”

Well said, CA Renter!

Here’s a fun little thought experiment. Imagine all the capital poured into the Iraq war and the housing bubble and bust. Now, imagine instead all that money going to building solar panel plants and putting the new panels on every rooftop in America. For the forseeable future our power would be essentially free (not really in accounting terms as the panels get depreciated, etc., but in spirit), would not run out, could power plug in hybrid cars and power industries that, with cheap power, could compete with the cheap labor in China and other countries. We would be truly wealthy, not phony wealthy because our houses are expensive and our credit cards are maxed out, but truly producing abundance. The ninnies in DC still are clinging to the idea that “consumerism” is the definition of wealth.

[underdose]

Ah, FLU, funny suggestion, obviously tongue in cheek.

Still the problem is that our creditors, China, Russia, Saudi Arabia, Iran et. al., have a say in the rules. I think the hubris of the administration that they think they make all the rules in an international game will bite someone (you and me, most likely) in the ass.

[underdose]

Ah, FLU, funny suggestion, obviously tongue in cheek.

Still the problem is that our creditors, China, Russia, Saudi Arabia, Iran et. al., have a say in the rules. I think the hubris of the administration that they think they make all the rules in an international game will bite someone (you and me, most likely) in the ass.

[underdose]

Ah, FLU, funny suggestion, obviously tongue in cheek.

Still the problem is that our creditors, China, Russia, Saudi Arabia, Iran et. al., have a say in the rules. I think the hubris of the administration that they think they make all the rules in an international game will bite someone (you and me, most likely) in the ass.

[underdose]

Ah, FLU, funny suggestion, obviously tongue in cheek.

Still the problem is that our creditors, China, Russia, Saudi Arabia, Iran et. al., have a say in the rules. I think the hubris of the administration that they think they make all the rules in an international game will bite someone (you and me, most likely) in the ass.

[underdose]

Ah, FLU, funny suggestion, obviously tongue in cheek.

Still the problem is that our creditors, China, Russia, Saudi Arabia, Iran et. al., have a say in the rules. I think the hubris of the administration that they think they make all the rules in an international game will bite someone (you and me, most likely) in the ass.

[Author]

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