TGHusker Posted February 25, 2020 Author Share Posted February 25, 2020 15 minutes ago, teachercd said: Perv! Ha Link to comment
JJ Husker Posted February 25, 2020 Share Posted February 25, 2020 Well take this for what it’s worth but I was a very solid conservative and republican up until a few years ago and I am now solidly in the Sanders camp. I read almost his entire list of policy positions on www.feelthebern.org and thought he was spot on with most issues. Sure there’s a few things I don’t care for but I’m hoping some of those don’t actually get any action (like employee ownership of companies). But I think he has the only solution to fix healthcare and to begin addressing the runaway wealth inequality problem. Throw in a healthy dose of wanting to punish the republicans for what they have become as a party and their complete lack of understanding the healthcare problem and you’ve got yourself a new left leaning independent. Maybe I am rare but I would like to think there are many more like me who are tired of this sh#t and are open to trying something different since whatever we have been doing obviously isn’t working. 1 Link to comment
knapplc Posted February 25, 2020 Share Posted February 25, 2020 38 minutes ago, JJ Husker said: like employee ownership of companies This makes no sense to me. I create a company, build it up, hire employees... and they get to take over my work? This is one of those whacko ideas that will never happen in America. I'm OK voting for Bernie knowing this will never happen, but it's weird that anyone thinks this is OK. 1 Link to comment
teachercd Posted February 25, 2020 Share Posted February 25, 2020 42 minutes ago, JJ Husker said: Well take this for what it’s worth but I was a very solid conservative and republican up until a few years ago and I am now solidly in the Sanders camp. I read almost his entire list of policy positions on www.feelthebern.org and thought he was spot on with most issues. Sure there’s a few things I don’t care for but I’m hoping some of those don’t actually get any action (like employee ownership of companies). But I think he has the only solution to fix healthcare and to begin addressing the runaway wealth inequality problem. Throw in a healthy dose of wanting to punish the republicans for what they have become as a party and their complete lack of understanding the healthcare problem and you’ve got yourself a new left leaning independent. Maybe I am rare but I would like to think there are many more like me who are tired of this sh#t and are open to trying something different since whatever we have been doing obviously isn’t working. The fact that he even pushes or endorses the idea of workers taking over the company is weird. Link to comment
Nebfanatic Posted February 25, 2020 Share Posted February 25, 2020 Yea workers having an ownership stake does not equal employees taking over the company 1 Link to comment
funhusker Posted February 25, 2020 Share Posted February 25, 2020 The first company I worked for out of college was big on "profit sharing". We bought in so much that we even went without overtime pay because it would cut into our profit sharing checks (looking back, man I was stupid!!!). Is this what Bernie talking about? Somehow splitting up profits??? Link to comment
teachercd Posted February 25, 2020 Share Posted February 25, 2020 15 minutes ago, Nebfanatic said: Yea workers having an ownership stake does not equal employees taking over the company But you have to agree that should be up to each company/boss, right? Link to comment
Nebfanatic Posted February 25, 2020 Share Posted February 25, 2020 Just now, teachercd said: But you have to agree that should be up to each company/boss, right? I'm not sure but Sanders proposal was being mischaracterized as something its not Link to comment
knapplc Posted February 25, 2020 Share Posted February 25, 2020 How many times does he have to screw up the details on something before it goes from charmingly goofy to alarm bells? Link to comment
knapplc Posted February 25, 2020 Share Posted February 25, 2020 1 minute ago, Nebfanatic said: I'm not sure but Sanders proposal was being mischaracterized as something its not My bad. What's his plan, in a nutshell? Link to comment
teachercd Posted February 25, 2020 Share Posted February 25, 2020 Just now, Nebfanatic said: I'm not sure but Sanders proposal was being mischaracterized as something its not You really are not sure if the owner of the company should get to decide? That is interesting. 1 Link to comment
Nebfanatic Posted February 25, 2020 Share Posted February 25, 2020 15 minutes ago, funhusker said: The first company I worked for out of college was big on "profit sharing". We bought in so much that we even went without overtime pay because it would cut into our profit sharing checks (looking back, man I was stupid!!!). Is this what Bernie talking about? Somehow splitting up profits??? https://berniesanders.com/issues/corporate-accountability-and-democracy/ As president, Bernie will: Share Corporate Wealth with Workers. Under this plan, corporations with at least $100 million in annual revenue, corporations with at least $100 million in balance sheet total, and all publicly traded companies will be required to provide at least 2 percent of stock to their workers every year until the company is at least 20 percent owned by employees. This will be done through the issuing of new shares and the establishment of Democratic Employee Ownership Funds. These funds will be under the control of a Board of Trustees directly elected by the workforce. Employees will be guaranteed payments from the funds equivalent to their shares of ownership as equal partners in the funds. Workers will be guaranteed the right to vote the shares given to them through this plan. The funds will enjoy the same voting rights as any other institutional shareholder and their shares will not be permitted to be transferred or sold. Instead, they will be held permanently in trust for the workforce. Dividend payments will be made from the Funds directly to employees. According to the most recent statistics, 56 million workers in over 22,000 companies in America would benefit under this plan.An estimate based on data from over 1,000 companies shows that directing 20 percent of dividends to workers could provide an average dividend payment of over $5,000 per worker every year. This is just 1 part of his plan on this. Now this is a pretty progressive plan and I'm not sure I 100% agree with it but I wouldn't call that employees taking over companies Edit: @knapplc Link to comment
knapplc Posted February 25, 2020 Share Posted February 25, 2020 2 minutes ago, Nebfanatic said: https://berniesanders.com/issues/corporate-accountability-and-democracy/ As president, Bernie will: Share Corporate Wealth with Workers. Under this plan, corporations with at least $100 million in annual revenue, corporations with at least $100 million in balance sheet total, and all publicly traded companies will be required to provide at least 2 percent of stock to their workers every year until the company is at least 20 percent owned by employees. This will be done through the issuing of new shares and the establishment of Democratic Employee Ownership Funds. These funds will be under the control of a Board of Trustees directly elected by the workforce. Employees will be guaranteed payments from the funds equivalent to their shares of ownership as equal partners in the funds. Workers will be guaranteed the right to vote the shares given to them through this plan. The funds will enjoy the same voting rights as any other institutional shareholder and their shares will not be permitted to be transferred or sold. Instead, they will be held permanently in trust for the workforce. Dividend payments will be made from the Funds directly to employees. According to the most recent statistics, 56 million workers in over 22,000 companies in America would benefit under this plan.An estimate based on data from over 1,000 companies shows that directing 20 percent of dividends to workers could provide an average dividend payment of over $5,000 per worker every year. This is just 1 part of his plan on this. Now this is a pretty progressive plan and I'm not sure I 100% agree with it but I wouldn't call that employees taking over companies Edit: @knapplc Sounds like Socialism to me. Link to comment
Nebfanatic Posted February 25, 2020 Share Posted February 25, 2020 Just now, knapplc said: Sounds like Socialism to me. It is a socialist policy yes, but I wouldn't equate 20% employee stake as employees taking over the company. Would you? Link to comment
knapplc Posted February 25, 2020 Share Posted February 25, 2020 Just now, Nebfanatic said: It is a socialist policy yes, but I wouldn't equate 20% employee stake as employees taking over the company. Would you? Sorry. I should have used the sarcasm font. 1 Link to comment
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