This is interesting.............

darthtang aw

Active Member
Thanks for repointing something out Beth. Not sure how I missed this. Bionic, explain how I took the comment out of context. I posted the entire Paragraph. what context did I miss?
 

bionicarm

Active Member
Quote:
Originally Posted by Beth http:///t/392339/this-is-interesting#post_3483195
Huh? What kind of crazy concept is that??
Save and USA government are not allowed to be said in the same thread.
What's the average cost to start up a small to medium-sized business? A buddy recently looked at opening up a small BBQ restaurant, and for space rental, equipment, staff, licenses, etc., he was looking at a minimum of $50K for the initial startup. How long would it take you to save that kind of money, and still have income to pay normal living expenses? So there's no such thing as Small Business loan. A new Z Tejas franchise that opened up here in San Antonio costs close to $1 million after franchise fees, premium restaurant space, staff of 50 - 100, etc. Oh yeah, i'm sure everyone can save their pocket change to open that place up.
 

bionicarm

Active Member
Quote:
Originally Posted by Darthtang AW http:///t/392339/this-is-interesting/20#post_3483197
Thanks for repointing something out Beth. Not sure how I missed this. Bionic, explain how I took the comment out of context. I posted the entire Paragraph. what context did I miss?
The entire point Obama was trying to make with the statement. I explained what he meant by "businesses needed help". Apparently that comment went completely over your head.
 

reefraff

Active Member
0bama is a typical collectivist who doesn't think someone can wipe their butt without government assistance. The government doesn't create, it consumes. That isn't always bad but when you get to the point where the government is so out of control you've got to put the brakes on things. Hell, 0bama's idea of fixing things is to get as many people on public assistance as possible. Now he isn't content to just push food stamp parties, he wants to remove the work requirement from welfare. I guess he wants to Ghettoize the country so people think being poor and ignorant is typical.
 

sweat90lx

Member
Quote:
Originally Posted by reefraff http:///t/392339/this-is-interesting/20#post_3483233
I guess he wants to Ghettoize the country so people think being poor and ignorant is typical.
While that sounds racist, it is true. But the reason for it is to push the agenda. Poor and ignorant people will continue to vote for the people that will give them the most for free.
Bionic I think you are looking at it different than others, at least different than me. I look it from a one person point of view. Businesses/Corporations need help because they cannot accept a loss, they must show increased earnings every year.
$50K to start a business is not much. Especially when most businesses do not make a profit for the first 6 months. Opening a $1million franchise store is usually not one person.
 

travelerjp98

Active Member
Quote:
Originally Posted by reefraff http:///t/392339/this-is-interesting/20#post_3483233
I guess he wants to Ghettoize the country so people think being poor and ignorant is typical.
+1
And bionicarm, add the antique business that my father owns to the list of businesses that started without any loans or anything.
Plus 100s of our fellow antique dealer friends.
I don't mean to attack you, and I respect your varying opinion. Please don't take me wrong.
 

beth

Administrator
Staff member
So what if someone takes out a loan to start or improve a business? I really don't get the point. The loan is not welfare. The loan also keeps banks (another business) open! And someone built the building that the business is using. So? The builder got paid, right? Keeping him in business too.
If the point is that our economy is interdependent upon one another, I'm just not getting why the president needs to make a big splash about that. I think most people understand that human societies are built on interdependence.
I think the point Obama was getting at is our society's dependence on government (in order to justify raising taxes). Well, that point obviously didn't work out to well.
 

bionicarm

Active Member
Quote:
Originally Posted by Beth http:///t/392339/this-is-interesting/20#post_3483268
So what if someone takes out a loan to start or improve a business? I really don't get the point. The loan is not welfare. The loan also keeps banks (another business) open! And someone built the building that the business is using. So? The builder got paid, right? Keeping him in business too.
If the point is that our economy is interdependent upon one another, I'm just not getting why the president needs to make a big splash about that. I think most people understand that human societies are built on interdependence.
I think the point Obama was getting at is our society's dependence on government (in order to justify raising taxes). Well, that point obviously didn't work out to well.
The point I'm making is regardless of the business model, most individuals who own businesses need assistance from someone or some organization to remain successful. Does it require assistance from the government? Not directly. However, unless you get the proper licenses and variances from your local government, you can't open a business to begin with. There's rules and regulations that need to be followed to protect both the business owner and the consumer. Those type of controls are neccesary evils all business owners must deal with, but they have to be dealt with all the same.
I think the one statement from that speech that has everyone up in arms is this - " If you’ve got a business. you didn’t build that." I agree wholeheartedly that makes no sense, and is a slap in the face to all business owners out there. It didn't fall in line with the remainder of the content of the speech.
 

darthtang aw

Active Member

The entire point Obama was trying to make with the statement.  I explained what he meant by "businesses needed help".  Apparently that comment went completely over your head.
No, he is implying businesses and their owners NEED GOVERNMENT help. Which is not the case. You reference licenses. Provided by the government. I don't need those for a business to survive. The only reason a business needs those is because the government requires it of us. And we pay for those licenses. They are not a service given to us free of charge. If the government did away with business licenses...how many businesses would close overnight because of it?
As for saving, we saved for 10 years, pulled our 401 K when my wife quit her job and had 75K to start up our business. No loans. People that have never owned or ran a business assume it is just being smart, or spending the money...or working hard...yes, I can agreeto some extent on these things...But thing Obama leaves out, is the SACRIFICE. You have to be willing to sacrifice. The first three years, we lost our house (had to short sell it and move into something smaller), sold our nice cars and bought less expensive cars....watched tv off antenna ears, Did not eat out, did not buy any new or nice things for ourselves. Did not take vacations...even in state vacations.Had one cell phone, no home phone...no home internet ....We sacrificed for our businesses to be successful. My second business is breaking even for two years....when we took it over it was operating at a 20K loss per month.Why? The previous owner wasn't willing to sacrifice her standard of living to make it work....she had 5 employees when only two were required...she had five so she could go on vacations and travel. She had to have all the top quality new toys and items for our industry, whether needed or not.
Sacrifice! That is the number one reason any business succeeds in the beginning.
 

darthtang aw

Active Member
Just because your business relies on the government military complex....that does not mean most businesses rely on government.
 
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