I just want to take a quick poll...

[Febo]

Originally Posted by Kracka

When you are saving lives and allowing people to live longer (or keep children alive that even just a few years ago would have died) then yes, billions in profits is acceptable. They are supplying a great service to this world and deserve to be rewarded for it. If they were not rewarded for it, do you think they'd being doing it?

Its a shame that these medicines can bankrupt someone, or be too expensive to afford, because some CEO wants a 5th house on his private island. But yeah... your right. Let them charge what they want. They are saving rich kids lives.......

[john]

Originally Posted by Kracka

When you are saving lives and allowing people to live longer (or keep children alive that even just a few years ago would have died) then yes, billions in profits is acceptable. They are supplying a great service to this world and deserve to be rewarded for it. If they were not rewarded for it, do you think they'd being doing it?

I think opinions like this are interesting, companies "serving the community." If a company is in business to make money, are they in business to serve the community???? Is the goal of these said companies to come up with a life saving product or is it to make a ton of money because they came up with a good product??? I think the latter. I have no problem with a for profit company making money, I have an issue when they are in business to make money and call it "serving the community."

As you can guess, I don't believe that a lot of businesses are here to "serve the community."

[Halon]

My g/f sees day in and day out, the failures of the current government ran health care system. It's sad how the ones that know how to abuse it totally ruin it for the elderly and others who really do need help that don't know how to abuse it. I don't think the government could effectively run an even larger and more involved health care plan when they still need to get a better handle on the current one.

[Halon]

Buy generics then.

[1QUICK4]

I'm sure all the research and manufaturing processes are cheap and easy for the drug manufactures. Not to mention greasing some wheels to get FDA approval

[Febo]

Alls Im trying to say is billions of reported profits is insane, and at the expense of sick needy people. And generics fall right back onto that. http://www.medicinenet.com/script/ma...ticlekey=46204

"In fact, the FDA estimates that 50% of generic drug production is by brand-name companies"

So we are letting these companies double dip, and make all this profit at the expense of us? I dunno, I guess not everyone is stuck with a medication for potentially the rest of their life. I dont pay for it now, but when I have to I dont like the idea of making some CEO's 5th house mortgage payment. Its just BS.

Especially when Im looking at shelling $240 a month in just pills. Yeah, privatized health care. Its a miracle in the works.

[Kracka]

When a miracle drug is the only thing keeping you alive tell us again how much you hate them. You should be thanking for for making generics; at least then you know they are high quality. There is no reason these companies shouldn't be allowed to reap the benefits of what they have created; again, if they weren't, they wouldn't do it causing a massive decrease in quality for a lot of our lives!

[Halon]

I'm unsure what the article was intending to prove. Companies research and develop products, all kinds of companies (drug company in this case). They spent the time and money to develop this, and get a patent on it. This way they can be the only ones that can legally sell it, help to make back some of the money they spent developing it. Once the patent runs out, if they choose not to renew it, then others start copying it, bringing in competition, lowering the price on it across the board.

I don't see how this is any different then anything else. You get a patent after designing the first ever Tupperware. The patent on it expires, and in comes the competition. Now there's a ton of different tupperware brands on the market. A bunch are made right at the Reynolds plant in Rogers, for all different companies, with different names imprinted on them. How is that any different?

Does Valvoline make both Valvoline oil, and the generic oil for Napa? Does filters made by Wix come in both the Wix boxes, as well as under a generic name?

All these companies are killing us by double dipping?

Generics save consumers money, I don't understand what the complaint is.

[john]

I will make a correction to a post without quoting as I have probably filled an entire page.

Regarding capital gains rates, selling a property in the 0-1 year range is considered a short term capital gain, which is taxed at ordinary income rates. Most of these are businesses where it is ordinary income anyhow.

I am done posting on this. We may want to closes this soon before people start getting stupider from reading it.

[311evo]

yes yes we know, Obama is great and he will save us all and we'll magicaly have more money.

Dumb. theres not going to be many people making 200k a year, but the few that do need to spend money to keep our economy going, but that wont happen because all their hard earned money is being taken. sweet.

Were Fuct. Completely. let the thread die.


until 4 years from now when all of our ass hopes are ruptured from Obama, then we can bring it back up.

[slowbubblecar]

Originally Posted by 311evo

Dumb. theres not going to be many people making 200k a year, but the few that do need to spend money to keep our economy going, but that wont happen because all their hard earned money is being taken. sweet.

Since you appear to be an expert... If I have a business with profits of 1 million before taxes, how much MORE will be TAKEN from me next year than right now? I am sure there will be just as many people making 200k a year. If you think CEOs making millions a year keep our economy going, you are stupid. I am sure the CEOs feel they NEED to spend money just to keep the economy going.

[Febo]

Holy crap! John is on fire! Your my hero!!!

[scheides]

Holy Rant / Ownage by John. Impressive.

Only comment I'll make is about 'using up leftover money from a loan'....that is redonk...use that cash to pay down the loan, it's not free money....

[Pushit2.0]

So again, in what ways was/is Mcain better/worse then Obama? If Bush/Republicans had 8 years of trying to run the USA, aka Team America, but I think its time for a change, if it turns out better/worse then it is now is yet to be seen.

We had a 401k rep in this week at work and he gave us his idea has to whats happening/going to happen with the stock market at least. He thought the market would test the bottom 1 more time and into middle/late next year start to climb again. At least are unemployment rate is ~8% and in the great depression it was ~25% and we have had a hand full of major banks close, back then it was thousands, and people get paid back now days.

I do not see a big problem with paying a little more in taxes, the government needs to get money from somewhere, its not like we have money trees. Also I saw a thing on Modern Marvels and when banks need money the Mint just makes it, that seems a little odd to be, but what ever works I guess.

~John

[Goat Blower]

It's kinda funny how many people actually think you have to make over $200k to be taxed by Obama's plan. His prior voting records shows he'll tax anyone that actually pays taxes, which starts at $42k/year. Even his own campaign promises started at anything over $300k/year and got down to $150k/year, so all this crap about "sticking it to the CEO's" is crap. Half of my friends make over $150k/year, none of them are CEO's.

And paying more taxes will help? We couldn't pay enough taxes to cover the trillions in spending Obama is already proposing. Say you go out to your favorite watering hole and your beer is normally $4. The bartender decides it'd be better for him to charge $5 for that beer because now he could spend more. Does paying that extra dollar make your beer taste better? Will the bartender treat you better for it? By some of the comments here, I'd guess you would happily pay $5 for your beer when it was $4 and nothing else changed but the price. But in reality, I'd bet you'd take your business elsewhere.

And a quick history lesson. What president did the economy flourish the most under, Jimmy Carter or Ronald Reagan? Take a guess which one raised taxes and which one lowered them.

[slowbubblecar]

Originally Posted by Goat Blower

It's kinda funny how many people actually think you have to make over $200k to be taxed by Obama's plan. His prior voting records shows he'll tax anyone that actually pays taxes, which starts at $42k/year. Even his own campaign promises started at anything over $300k/year and got down to $150k/year, so all this crap about "sticking it to the CEO's" is crap. Half of my friends make over $150k/year, none of them are CEO's.

And paying more taxes will help? We couldn't pay enough taxes to cover the trillions in spending Obama is already proposing. Say you go out to your favorite watering hole and your beer is normally $4. The bartender decides it'd be better for him to charge $5 for that beer because now he could spend more. Does paying that extra dollar make your beer taste better? Will the bartender treat you better for it? By some of the comments here, I'd guess you would happily pay $5 for your beer when it was $4 and nothing else changed but the price. But in reality, I'd bet you'd take your business elsewhere.

And a quick history lesson. What president did the economy flourish the most under, Jimmy Carter or Ronald Reagan? Take a guess which one raised taxes and which one lowered them.

One of the local TV networks said McCain's plan would have put the country in more debt than Obamas plan. Seeing as their credibility is important, I don't think they were making it up. Nobody knows what would happen when either canidate is in office anyways. Either one could do something completely different than what they said when campaining.

What would it have been like with a Pres and VP that barely even speak to each other? It doesn't sound like McCain and Palins people were getting along too well. He wouldn't even let her speak when he was giving up.