Your Qna     New Questions     About Qna
EQNA is a growing interactive people-knowledge network with more than 120,000 questions and 450,000 answers from over 55,000 members worldwide. With all friendly functions, EQNA will be a fun place to join, share and discover knowledge, an open net space allowing you to connect with other people having specialized knowledge or ones with same interests to yours. EQNA login features secured logins using Twitter and Facebook enable you to place questions without sharing your personal information to us. Lets get out and join our community today!
Ask a Question
BLUE CAFE

Privatize profits, Nationalize losses: Good or bad

The current Economic system is based on competition in order to create a stronger market, but whenever large multinational companies get into strife, taxpayers money is used to bail them out while small companies & individuals go to the wall.Should taxpayers support large companies in this way? Should large companies be required to redistribute some of their their profits through larger taxes in order to reimburse this back to the public?Is the current system geared to strengthen the strong & weaken the weak?
Jodi:

It's called welfare for the rich. The largest and richest corps and individuals always get the largest tax breaks and benefits. The wealthy point their fingers at the poor and call them irresponsible and lazy as they make decisions to move work to poor undeveloped nations and cut jobs and labor costs. Here in Sweden, the State is supplying free labor to companies under the guise of work programs for the unemployed. So, there are not many new jobs since many companies can get all the State funded employees they need. Also, tax cuts usually benefit the highest income earners. Many wealthy set up their permanent domicile in low taxed States in the US and have 2nd homes in other States and because they are part time residences, they pay 20 % of the normal property tax rate while the working in that State pay 100 % property tax burden as both get the same services in whatever township they live in. If the above are not systems that favor the rich, then perhaps I am not seeing my world clearly.

BLUE CAFE:

Here in Sweden, the State is supplying free labor to companies under the guise of work programs for the unemployed. So, there are not many new jobs since many companies can get all the State funded employees they need.
.
Wow, that's Orwellian! So the state perpetuates a system of no jobs, creating an abundance of free labour for the wealthy, while the state pays low 'unemployment benefits' to this free labour force, further engraining this strata of plebiscites. That's really bad. I thought Sweden was one of the better nations when it comes to labour. Guess I'm wrong. Thanks m.

Jodi:

Not any more---they have joined the New World Order. Rights are disappearing daily and there is little respect for the law by those in authority. The education system is a disaster and 80 % of the population is on Prescription drugs and the food (Poison and artificial everything)is following the American model. Folks are getting fat and stupid... Some say, the Swedes are the lab rats for the Americans to try out different systems.. I think this may be true.... The government passes laws without any consulting of the citizens or voting... This is the downside of a Social system... You give people enough, but not too much and you got them under control....

BLUE CAFE:

Damn! Is there nowhere sacred? I thought scandinavians were smarter...

Jodi:

Not anymore, unfortunately.... They were the last stronghold for sanity in our world but have been corrupted big time....

Bird:

You have a great point..
Large companies that get bailed out should pay higher taxes in order to reimburse the American public.
Otherwise the small companies & Indiviuals get nailed twice.

Buwanna:

This is an incredibly bad thing. The thing that keeps bunsinesses behaving responsibly is that they will feel the inevitable consequences of their misdealings. In the current scenario, those consequences include bankruptcy, going out of business, and sharing responsibility for cratering our financial system. That's pretty bad juju.

Remove those consequences, though, and why should these companies behave responsibly? The Feds will bail them out.

We should not support businesses in this way, and the Feds should not be in the business of bailing people OR companies out from their own mistakes.

Answer:
Text ColorBackground Color
BoldItalicUnderline
LeftCenterRightJustify
Ordered ListBulleted List
IndentOutdent
Horizontal Rule
SubscriptSuperscript
HyperlinkImage
Design ModeDesign
Html ModeHtml
 

Top Question And Answer

  • Have you seen the profits oil companies have made these past couple years? See link....
  • Royalty:net revenue in profits collected:what all types expenses can be claimed against gross rev?
  • whats the difference between GAAP profits and non-GAAP profits for a public company.....
  • where can I find records containg Corporate Profits for 2006
  • Oil companies are making profits.They are a business) Wouldn't it be better for all.........
  • How did we move from being a nation who built things with pride to one that maximizes profits?
  • If a women losses or forfiets her parental rights shouls she be able to fight for custody later?
  • What is the international bounty on the Russian user A-Z? World losses now put at (about) 7 Billion.
  • Why 700 Billion when losses are estimated to be 100 - 150 Billion
  • What will happen if 401K holders take their money out to cut their losses? Would the brokerage
  • I want to buy a bag,what is the baghttp:www.goyardreplicasale.com/Grade-Quality-Goyard-Saigon-Tote-Bag-PM-8941-Black/196/index.html
  • How is it:www.topreplicagears.com
  • Www.mokahandbags .com
  • Facebook new account opening form
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • how do I get mms message fro. mmsweb.iwireless.com
  • Find out how many cars of my model are registered
  • What would happen if a letter opens in the mail
  • Facebook new account open
  • Facebook New Account Creation
  • Facebook new account creation
  • locating a business that closed