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cpa28761

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  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    What makes you think the political self interest of Obama, Biden, Pelosi, Reid, and the Clintons is more noble than the economic self interest of those executives? Do you really think there are angels who can order society in such a way as to be "fair" to everyone while being devoid of self interest?
    Aug 10, 2011. 03:08 PM | Likes Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    Had Germany not been plundered in 1918, it would have arisen as a leading democracy. Hitler would never have been heard of.

    There would have been no difference if the USA had joined the League inasmuch as Germany and Japan withdrew from the League when it condemned their imperialism.

    I don't know what Wilson knew about flaws in the Versailles Treaty. I do know that, as leader of the nation that won WW1, he was in the catbird seat, but was a complete failure insofar as leadership was concerned. He was the equivalent of a corporate shareholder owning 51% of the stock and, even in that position, was unable to have his way if he wanted the "fairness" of his fourteen points. My take is that he sacrificed the promises he made to Germany to gain the support of Clemenceau and Lloyd George for his dream of a world government. That takes us to another parallel with Obama, doesn't it?
    Aug 10, 2011. 03:03 PM | 1 Like Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    >>>Strange as it may sound, I have enjoyed sharing comments with you. I appreciate the chance to talk about teaching. <<<

    It's not so strange. Life would be quite dull if we had contact only with people of our own thinking.

    >>>Great point about NY's canal system. Thankfully it is still taught in most schools in my area.<<<

    The Erie Canal was taught when I attended NYC public schools.
    However, the history lesson seemed to end when Clinton poured a bucket of Lake Erie water into the New York harbor. Most of what I learned since was from the History Channel.

    >>>If only the folks in Washington would have such dialog.<<<

    Agreed, whole-heartedly!
    Aug 9, 2011. 01:56 PM | Likes Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    You present history so selectively as to prove your point using misleading half truths. I happen to be Jewish, so no one can accuse me of justifying Hitler. However, his rise was made possible by the duplicity of Woodrow Wilson. Without American entry into WW1, Germany would have won the war. The Germans knew the US would defeat them. They negotiated what they thought was an honorable peace under Wilson's Fourteen Points. When the Germans laid down their arms, Wilson did nothing to stop the British and French from plundering Germany. That's why the German people turned to Hitler.

    Now we have an extremist President who has done little but to pay out, say, a Trillion Dollars to his special political interests AKA labor unions. I cannot blame the rise of the Tea Party (even though I am a moderate Republican) on anyone but Obama. For every action there is an equal reaction.
    Aug 9, 2011. 12:57 PM | 1 Like Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    And, of course, the people of The Third Estate were so much better off under Maximillian Robespierre's regime. Did you ever think that he was the archetype for other significant historic figures such as Lenin, Stalin, Hitler, Mao, and Pol Pot? Their pursuit of their political ambition thru class warfare was so much nobler than the pursuit of economic ambition, wasn't it? Gee? Doesn't that sound like Obama?
    Aug 9, 2011. 12:29 PM | 1 Like Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    Thank you. I have found that a continuing dialog is a good way to find common ground.

    I'll bet you are a good and caring teacher. Most teachers are. It is a system that prevents the best from coming to the fore while mediocrity is enforced. Unfortunately, the same problem existed in industry. That's what brought about the economic demise of your area along the Erie Canal, which was so integral to victories from the Civil War to WWII. It's also why the 21st century will belong to China.
    Aug 8, 2011. 10:40 PM | Likes Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    >>>You continue to lump all teachers into the same category. This is the problem I'm having with your posts. <<<

    Hadn't you done that long before by subscribing to a collective bargaining agreement?

    >>>No idea what you are talking about when it comes to earning credit at community colleges. A Masters degree must come from an accredited college or university, not a community college. Not aware of thirty credits beyond a masters.<<<

    The NYC contract allowed an additional increment for teachers who held Masters Degrees if they earned an additional 30 credits. It did not stipulate at what level of institution the credits had to be earned. Community Colleges were acceptable despite any "spirit" of the agreement.

    >>>In my district teachers can accrue 250 sick days.<<<

    You don't think that is absurd?
    Aug 8, 2011. 10:14 PM | Likes Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    >>>It seems that there are only a few pro-education posters here.<<<

    All the people here are pro-education. Do you think teacher union power is "pro-education"? Most of us think the power of teacher unions is the most anti-education force in America today.

    www.teachersunionexpos.../
    Aug 8, 2011. 02:01 PM | Likes Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    I agree with you. However, we can compete with Asia in our local markets and perhaps for export as well. All the Asian and European car companies have operations here. They are in right-to-work states such as South Carolina.

    Also, it is in labor intensive assemble operations where the difficulty in competing lies.
    Aug 8, 2011. 10:25 AM | Likes Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    >>>Buying off the masses seems to me the best strategy. What have you got? Union-busting goons in the age of the IED?<<<

    I think your buy off concept was first articulated by LBJ. What I have is allowing wages to fall to where the market would place them. We do not have to compete dollar-for-dollar with Asia. There are cost and logistical advantages to manufacturing locally. The workers would be better off with manufacturing jobs.

    When I lived in NJ, a Ford plant was closed in my county. The UAW contract set direct costs and indirect costs (work rules) too high for the plant to be viable. What if wages were allowed to fall to where people would continue to work there and work rules were rationalized and no-show union apparatchik jobs were eliminated? The plant could have stayed open paying far better compensation than paid by the BJ's across the street.
    Aug 8, 2011. 10:08 AM | 1 Like Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    Why are people who are essentially socialists posting in an investments forum?
    Aug 8, 2011. 09:54 AM | Likes Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    >>>Is there not enough labor and stuff available for dollars to provide a middle class lifestyle to any hard worker?<<<

    No! My immigrant forebears were not "middle class." They were "working class" people who were grateful for the opportunity to find factory work. Sometimes they started small retail establishments where they made a somewhat better living, but husband and wife each worked over 60 hours per week. They worked long and hard to provide their children with education so that those children could enter the middle class. Education was the ticket to the middle class as educated people's work is higher value. Wages extorted by a concentrated force of numbers (labor unions) was a temporary advantge of the late 20th century. In the world economy of the 21st century, the semi-skilled jobs paying middle-class wages, are gone. The only exception is in civil service monopolies.
    Aug 8, 2011. 09:36 AM | Likes Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    >>>Determine how banked sick days are paid out and taxed, then figure what a wonderful benefit this is.<<<

    Easy. I know a teacher who, because of medical problems, went on terminal leave about six months before his normal retirement. Because of banked sick days, he drew full salary, benefits, and retirement credit while he was disabled. What did he do with his life thereafter? On the first day of his terminal leave, he started a teaching job in another school district. Seven years later, he faced another dilemma. At 62, because he was disabled, he was eligible for the full Social Security benefit for which a 66-year-old normal retiree would be eligible. He had to balance that against having to go on Medicare, which is not as generous as his Teacher Union medical insurance. See, I do know how teachers can manipulate a corrupt system.

    >>>why don't all of the struggling cpas of the world get a degree in education and try to find a job.<<<

    In 2003, for a brief period, I was membership VP for an unemployed professionals support group that was sponsored by the NJ Dept of Labor. We had financial people, scientists and engineers, marketing and advertising people, journalists, and information technology professionals among 350 members. We did not have a single teacher or anyone else from education. In sharing experiences I learned that one of our members who held teaching credentials applied for a substitute teaching job. He was thanked for his application, but warned that there 65 applications before his.

    >>>Keep in mind that you will need a Masters degree<<<

    I hold a Masters degree. I dropped out of NYU's graduate school of business while pursuing a second one. Here's one that may interest you. In NY, there is an increment for "30 credits beyond a Masters." How many people, other than teachers know that the credits can be earned by taking entry level courses at community colleges in classes with 17-year-olds just out of high school? The same Machiavellian I told of above told me that one. He also told me that one 17-year-old told the professor that it was not fair for these young people to compete with people who already had their advanced degrees. The professor, a card-carrying teachers union man, told the 17-year-old where the door was.
    Aug 8, 2011. 09:09 AM | Likes Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    >>Western NY to be exact, and the average teaching salary in the public school system is slightly over sixty thousand dollars<<

    Which is a lot better than the unemployment checks drawn by former managers in industry in your area. That's probably a better salary than the average accountant, if he can find work in western New York.

    >>>As a ten month employee, my pay ends the final day of school. That means I receive no pay during my summer "vacation". How many private sector workers receive paid vacations?<<<

    That's a crock and if you don't know it, I hope you're not teaching math. Salaries are expressed annually. If you believe there is a difference between $60,000 per year paid in ten installments of $6,000 and $60,000 paid in twelve installments of $5,000, it is no wonder that Indian Universities produce several times as many engineers and scientists as ours.

    The real fact is that you have over two months to work in the summer leisure industry to add to your pay.
    Aug 7, 2011. 03:08 PM | 1 Like Like |Link to Comment
  • S&P Downgrades U.S. to AA+ - We're Tied With Belgium! [View article]
    Because business is forced to off shore production. I was in on such decisions. Management did not want to do it, but when the union contract and union work rules and union health & welfare funds (most of which went into the pockets of corrupt union officials) got to the point where products were priced out of the market, it had to be done.

    Now that I am a retired investor, I don't have to care if UTX sells Carrier air conditioners and Otis elevators here or in China. I'll do OK.

    I don't care if PG or MCD get their growth here or in China. It's all the same to me.

    The fact is that the day of someone going to the plant, or the mill, or the yard where his father worked and his union card being his ticket to the middle class are over. In China and India, where they have middle classes as large or larger than ours, middle class status goes to University grads. It does not go to semi-skilled assembly line workers. That's why American working class compensation is going down in a growing WORLD economy. It may be a bitter pill to swallow, bit it's the truth.
    Aug 7, 2011. 02:57 PM | Likes Like |Link to Comment
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