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THIS IS WHY THERE ARE NO JOBS IN AMERICA
Daily Wealth ^ | Saturday, August 21, 2010 | Porter Stansberry

Posted on 08/21/2010 11:23:35 AM PDT by Comrade Brother Abu Bubba

THIS IS WHY THERE ARE NO JOBS IN AMERICA by Porter Stansberry

I'd like to make you a business offer.

Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment…

Here's the deal. You're going to start a business or expand the one you've got now. It doesn't really matter what you do or what you're going to do. I'll partner with you no matter what business you're in – as long as it's legal. But I can't give you any capital – you have to come up with that on your own. I won't give you any labor – that's definitely up to you. What I will do, however, is demand you follow all sorts of rules about what products and services you can offer, how much (and how often) you pay your employees, and where and when you're allowed to operate your business. That's my role in the affair: to tell you what to do.

Now in return for my rules, I'm going to take roughly half of whatever you make in the business each year. Half seems fair, doesn't it? I think so. Of course, that's half of your profits.

You're also going to have to pay me about 12% of whatever you decide to pay your employees because you've got to cover my expenses for promulgating all of the rules about who you can employ, when, where, and how. Come on, you're my partner. It's only "fair."

Now… after you've put your hard-earned savings at risk to start this business, and after you've worked hard at it for a few decades (paying me my 50% or a bit more along the way each year), you might decide you'd like to cash out – to finally live the good life.

Whether or not this is "fair" – some people never can afford to retire – is a different argument. As your partner, I'm happy for you to sell whenever you'd like… because our agreement says, if you sell, you have to pay me an additional 20% of whatever the capitalized value of the business is at that time.

I know… I know… you put up all the original capital. You took all the risks. You put in all of the labor. That's all true. But I've done my part, too. I've collected 50% of the profits each year. And I've always come up with more rules for you to follow each year. Therefore, I deserve another, final 20% slice of the business.

Oh… and one more thing…

Even after you've sold the business and paid all of my fees… I'd recommend buying lots of life insurance. You see, even after you've been retired for years, when you die, you'll have to pay me 50% of whatever your estate is worth.

After all, I've got lots of partners and not all of them are as successful as you and your family. We don't think it's "fair" for your kids to have such a big advantage. But if you buy enough life insurance, you can finance this expense for your children.

All in all, if you're a very successful entrepreneur… if you're one of the rare, lucky, and hard-working people who can create a new company, employ lots of people, and satisfy the public… you'll end up paying me more than 75% of your income over your life. Thanks so much.

I'm sure you'll think my offer is reasonable and happily partner with me… but it doesn't really matter how you feel about it because if you ever try to stiff me – or cheat me on any of my fees or rules – I'll break down your door in the middle of the night, threaten you and your family with heavy, automatic weapons, and throw you in jail.

That's how civil society is supposed to work, right? This is Amerika, isn't it?

That's the offer Amerika gives its entrepreneurs. And the idiots in Washington wonder why there are no new jobs…

Regards,

Porter Stansberry


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KEYWORDS: porterstansberry; stansberry; unemployment
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No incentive = no jobs
Simple, but true
1 posted on 08/21/2010 11:23:37 AM PDT by Comrade Brother Abu Bubba
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To: Comrade Brother Abu Bubba

Well, there’s always Amway.


2 posted on 08/21/2010 11:26:04 AM PDT by rickmichaels (Allah AkBarack!!!)
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To: Comrade Brother Abu Bubba

If a single person did this to you, you would ‘disappear’ them’....back in my day we called it ‘wasting them’....


3 posted on 08/21/2010 11:27:59 AM PDT by Gaffer ("Profiling: The only profile I need is a chalk outline around their dead ass!")
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To: Comrade Brother Abu Bubba

EXACTLY


4 posted on 08/21/2010 11:28:16 AM PDT by dalebert
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To: Comrade Brother Abu Bubba

Yep, “I am from the Government and I am here to Help You.”

(if you believe that, want to buy a bridge?)


5 posted on 08/21/2010 11:28:35 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one.)
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To: Comrade Brother Abu Bubba

Duh.

Because we gave away all our jobs.

That’s why.


6 posted on 08/21/2010 11:29:28 AM PDT by Cringing Negativism Network (http://www.youtube.com/watch?v=RR1fDL7x1Sg)
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To: Comrade Brother Abu Bubba

I think a better analogy is sailing a boat.

1st the waters have to be smooth. 0 has spent the past 2 years churning up the waters. So choppy waters generate fear, uncertainty and doubt.


7 posted on 08/21/2010 11:30:34 AM PDT by updatedscreenname
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To: Comrade Brother Abu Bubba

A long way to describe what every adult in the US should already understand. A worthwhile commentary nonetheless.


8 posted on 08/21/2010 11:30:37 AM PDT by Gene Eric (Your Hope has been redistributed. Here's your Change.)
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To: Comrade Brother Abu Bubba

It stuns and amuses me how they hang on the Thursday initial jobless claims numbers (the crumbs), while they create conditions that insure that jobs will be created anywhere but here (the 3-layer cakes).


9 posted on 08/21/2010 11:30:52 AM PDT by fhayek
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To: Cringing Negativism Network

Who is “we”?
It’s the government, who made stupid rules that make us non-competitive in this world. The American dream that you could bake cookies in your oven and sell them at the local flea market has been regulated away.

Who is John Galt?


10 posted on 08/21/2010 11:33:42 AM PDT by netmilsmom (I am inyenzi on the Religion Forum)
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To: Cringing Negativism Network
"Because we gave away all our jobs. That’s why."

What does this mean --- "giving away jobs?" And to whom?

11 posted on 08/21/2010 11:36:07 AM PDT by TopQuark
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To: Comrade Brother Abu Bubba
by Porter Stansberry

Porter Stansberry & Pirate Investor are fined in securities fraud prosecution

12 posted on 08/21/2010 11:36:33 AM PDT by Willie Green (Go Pat Go!!!)
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To: TopQuark

Outsourcing.

“Made in China”.

Lots of jobs in China. Because we sent them there.


13 posted on 08/21/2010 11:38:00 AM PDT by Cringing Negativism Network (http://www.youtube.com/watch?v=RR1fDL7x1Sg)
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To: Comrade Brother Abu Bubba

By the way, this partner will take 50% of your gains, but it won’t share your losses. If you go bankrupt, you go alone. It shows up on your credit report, and yours only.


14 posted on 08/21/2010 11:42:23 AM PDT by A_perfect_lady (I can see November from my house.)
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To: Comrade Brother Abu Bubba
Statement: "THIS IS WHY THERE ARE NO JOBS IN AMERICA"

Response: (a) The Free Trade fraud; (b) an enormous expansion of government at all levels accompanied by outrageous taxes and regulations; (c) a massive influx of "Third Worlders" into our country (d) the breakdown of our education system; (e) Equal Employment Laws and political correctness; (f) The moral collapse by a significant number of Americans i.e. drugs and unrestrained copulation-this list could go on.

15 posted on 08/21/2010 11:42:59 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: Comrade Brother Abu Bubba

http://video.google.com/videoplay?docid=1590858026591557284#
Where have all the JOBS


16 posted on 08/21/2010 11:43:05 AM PDT by goldendays (that)
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To: Comrade Brother Abu Bubba

Absolutely true!


17 posted on 08/21/2010 11:44:32 AM PDT by Leftism is Mentally Deranged (Annoying liberals is my goal. I will not be silenced.)
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To: netmilsmom

“We” as in Americans.

We’re long past some pretend make-believe about Atlas Shrugged. Our jobs are not in Galt’s Gulch.

Our jobs are enriching and making, the largest communist nation in world history - a superpower intent upon, and increasingly capable of, taking our place.

America’s destruction of our industrial base is a National Security problem. An emergency, this poster would assert.

We are committing national suicide. It is beyond folly.


18 posted on 08/21/2010 11:46:04 AM PDT by Cringing Negativism Network (http://www.youtube.com/watch?v=RR1fDL7x1Sg)
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To: A_perfect_lady

My experience tells me YOU are RIGHT ON!!!


19 posted on 08/21/2010 11:47:23 AM PDT by bunster
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To: Comrade Brother Abu Bubba

China Manufacture in Mexico NAFTA
http://www.dailymotion.com/relevance/search/lou+dobbs+,china/1


20 posted on 08/21/2010 11:47:46 AM PDT by goldendays (that)
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