Off-Topic: Business v government
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Business v government
Date:   2/7/2009 11:44:08 AM

The reality here is that we have to ask ourselves a fundamental question, "Does the senior executive team make a difference?" Based on my 25 years in business I have never seen a great company without great leadership and every lousy company I have been around has had lousy leadership. So in my experience leadership does make a difference. So what we have in effect is Mr. Obama handicapping the very firms that we the American people have invested our hard earned money by saying you cannot go out into the marketplace and compete for talent with those fortunate firms that didn't take money from Uncle Sam. That is just plain dumb, but consistent with the mindset of a leftist community organizer.

Some will say its unfair to have them make so much money when the company failed and needed a government bailout. That may be appealing but it is intellectually vacuous. Imagine me saying I am not going to invest in GE because they paid Jack Welch $20M. But then my advisor says to me, "Wait a second, GE pays a 7% dividend and 12% annual returns to its shareholders, why do you care how much Uncle Jack makes?" The answer, I shouldn't and neither should the Messiah. He should only care that the leadership returns the company to financial health and returns the money given them by the government. Driving away top talent to more lucrative opportunities is exactly the wrong thing to do.

And that my friends is just another in a long list of reasons for limited government and why socialism has never worked in all of history.
Other messages in this thread:View Entire Thread
President Obama - Swimmer27 - 2/4/2009 6:21:18 PM
     I'm excited - MartiniMan - 2/4/2009 8:40:41 PM
          I'm excited - Council Roc Doc - 2/5/2009 10:50:36 AM
     President Obama - water_watcher - 2/5/2009 9:37:57 AM
          President Obama - ecstasypoint - 2/5/2009 9:50:25 AM
               President Obama - water_watcher - 2/5/2009 12:35:22 PM
          President Obama - Council Roc Doc - 2/5/2009 10:42:17 AM
               President Obama - Swimmer27 - 2/5/2009 11:10:42 AM
               President Obama - water_watcher - 2/5/2009 12:28:26 PM
                    President Obama - water_watcher - 2/5/2009 12:32:10 PM
     Bad things happen when . . . - PikeSki - 2/5/2009 1:01:20 PM
          Bad things happen when . . . - water_watcher - 2/5/2009 1:48:31 PM
               Bad things happen when . . . - Council Roc Doc - 2/5/2009 2:00:09 PM
          I'm really on the fence here - Talullahhound - 2/7/2009 12:01:10 AM
               Business v government - MartiniMan - 2/7/2009 11:44:08 AM
                    Business v government - Talullahhound - 2/7/2009 1:33:42 PM
                         The little guy - MartiniMan - 2/8/2009 9:05:51 AM
                    One point MM - Swimmer27 - 2/7/2009 5:39:43 PM



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