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  1. TopTop #1
    busyb555's Avatar
    busyb555
     

    Why there are no jobs in America

    This Is Why There Are No Jobs in America

    By Porter Stansberry
    Saturday, August 21, 2010

    I''d like to make you a business offer.

    Seriously. This is a real offer. In fact, you really can''t turn me down, as
    you''ll come to understand in a moment...

    Here''s the deal. You''re going to start a business or expand the one you''ve
    got now. It doesn''t really matter what you do or what you''re going to do.
    I''ll partner with you no matter what business you''re in - as long as it''s
    legal.

    But I can''t give you any capital - you have to come up with that on your
    own. I won''t give you any labor - that''s definitely up to you. What I will
    do, however, is demand you follow all sorts of rules about what products and
    services you can offer, how much (and how often) you pay your employees, and
    where and when you''re allowed to operate your business. That''s my role in
    the affair: to tell you what to do.

    Now in return for my rules, I''m going to take roughly half of whatever you
    make in the business each year. Half seems fair, doesn''t it? I think so. Of
    course, that''s half of your profits.

    You''re also going to have to pay me about 12% of whatever you decide to pay
    your employees because you''ve got to cover my expenses for promulgating all
    of the rules about who you can employ, when, where, and how. Come on, you''re
    my partner. It''s only "fair."

    Now... after you''ve put your hard-earned savings at risk to start this
    business, and after you''ve worked hard at it for a few decades (paying me my
    50% or a bit more along the way each year), you might decide you''d like to
    cash out - to finally live the good life.

    Whether or not this is "fair" - some people never can afford to retire - is
    a different argument. As your partner, I''m happy for you to sell whenever
    you''d like... because our agreement says, if you sell, you have to pay me an
    additional 20% of whatever the capitalized value of the business is at that
    time.

    I know... I know... you put up all the original capital. You took all the
    risks. You put in all of the labor. That''s all true. But I''ve done my part,
    too. I''ve collected 50% of the profits each year. And I''ve always come up
    with more rules for you to follow each year. Therefore, I deserve another,
    final 20% slice of the business.

    Oh... and one more thing...

    Even after you''ve sold the business and paid all of my fees... I''d recommend
    buying lots of life insurance. You see, even after you''ve been retired for
    years, when you die, you''ll have to pay me 50% of whatever your estate is
    worth.

    After all, I''ve got lots of partners and not all of them are as successful
    as you and your family. We don''t think it''s "fair" for your kids to have
    such a big advantage. But if you buy enough life insurance, you can finance
    this expense for your children.

    All in all, if you''re a very successful entrepreneur... if you''re one of the
    rare, lucky, and hard-working people who can create a new company, employ
    lots of people, and satisfy the public... you''ll end up paying me more than
    75% of your income over your life. Thanks so much.

    I''m sure you''ll think my offer is reasonable and happily partner with me...
    but it doesn''t really matter how you feel about it because if you ever try
    to stiff me - or cheat me on any of my fees or rules - I''ll break down your
    door in the middle of the night, threaten you and your family with heavy,
    automatic weapons, and throw you in jail.

    That''s how civil society is supposed to work, right? This is America, isn''t
    it?

    That''s the offer America gives its entrepreneurs. And the idiots in
    Washington wonder why there are no new jobs...
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  3. TopTop #2
    Thad's Avatar
    Thad
     

    Re: Why there are no jobs in America

    Why thank you very much for your kind offer and being there is no other way at this moment I will be glad to sign on to the bottom line, but, since you drained all of mine would you mind if I used, your blood.
    Last edited by "Mad" Miles; 09-02-2010 at 11:47 AM. Reason: Remove complete quote of previous post
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  4. TopTop #3
    Tars's Avatar
    Tars
     

    Re: Why there are no jobs in America

    Quote Posted in reply to the post by busyb555: View Post
    This Is Why There Are No Jobs in America
    Paraphrase: Greedy stupid Washington pols want to take taxes from workers to pay for unemployment insurance, medicare, Social Security, infrastructure building & repair, & other socialist programs. Let's abolish all taxes, especially for the super-wealthy "entrepreneurs". Then everything will be smiling-hunky-dory.

    Why would entrepreneurs want to hire Americans, when they can get somebody in China to do the work for one fifth the labor cost, and where they don't have to share any of the societal burdens? That's why there're no jobs in America.
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