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THQ Refocuses - Open Letter

NeoGAF has a lengthy letter sent anonymously overnight to the THQ Board of Directors, and signed by "The Formerly Mismanaged," who claim to be a group of "Current and Ex-Employees, Shareholders, and The Public" (thanks Strategy Informer). The letter attempts "to explain to outsiders how this beaten-down company has wound up in this position, laying blame for sharp declines to the company's stock price at the feet of CEO Brian Farrell, and calling other executives to task by name for failures to live up to their seven-figure salaries. On a related, though perhaps coincidental note, THQ announces a realignment whereby it is "exiting its relationships with kidsí licensed entertainment companies but will continue to sell certain previously released titles." Going forward, word is: "The company will continue to build its strong portfolio of core game franchises and align its resources to deliver games on both existing consoles and new and emerging platforms. The company intends to accelerate digital revenues by extending and supporting key console launches, and to create dedicated digital properties for emerging platforms." Here's a portion of the open letter:

THQ had been known through the years for having a formula. They find a hot license, make a cheap game, barely advertise it, and make money. This formula worked during the Playstation and Xbox and Gameboy days and made the company a lot of cash. Unfortunately, THQís old guard executives seem to be stuck trying to manage the company the same way they did back then and havenít realized the industry has changed.

The beginning of the end came years ago as Brian Farrell lead an executive team to acquire a large number of studios. A large amount of cash was used in the acquisition or setup of game developers with different degrees of talent. The problem was they were bought without strategic reasoning or specific plan on to use them. So after awhile another large amount of money was spent as those studios failed and were sold off and shut down. The executive team at the time were an entirely different group of people with one key exception in the CEO. The CEO/the then executive team wasted the cash that the company had built up with these massive investments and selloffs.

The studio purchase errors were not helped by the mistakes in the licensing deals that were signed by the same CEO. Millions and millions of dollars were wasted on acquiring licenses at the same time the kids, family, casual business was declining at a rapid rate. Instead of slowing those acquisitions he overpaid for more of them until again cash was wasted in paying for brands that didnít sell well anymore.

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95. Re: THQ Refocuses - Open Letter Jan 27, 2012, 10:23 Wowbagger_TIP
 
RollinThundr wrote on Jan 27, 2012, 08:39:
Wowbagger_TIP wrote on Jan 26, 2012, 19:20:
RollinThundr wrote on Jan 26, 2012, 18:59:
Wowbagger_TIP wrote on Jan 26, 2012, 18:11:
We need to make government smarter and less wasteful. Obama is calling for consolidation of several agencies now, and that's at least a start. I think some of Ron Paul's ideas in this area are good too. The stuff I've heard from the other candidates? Mostly garbage.
RP's too much of a isolationist. But we do agree here, smaller, smarter and less wasteful would be the way to go. Though to be honest I don't trust Obama as far as I can throw him. For all his "Hope and Change" rhetoric. he's just another corrupt full of shit politician that will say anything to try to gain votes. The fact that he throws hissy fits when he doesn't get his way and tries to circumvent congress often makes me dislike him even more.
Yes, but most people that don't like Obama doing that would support someone on "their side" doing it because it means they're standing up to Congress and fighting for what they said they would do. Congress passed the bill to create the agency that Obama is trying to staff. Congress thought they could get away with creating it to get the rabble to shut up and then smother it later. This is actually him doing exactly what he said he would do, and Congress has just been playing bullshit games as they always do, no matter who is in charge. Pretending to be in session when they obviously aren't is just a load of crap. Wonder how long I'd last if I just showed up for work, said hi, and walked back out.

When Bush tried to appoint people and failed, he backed off. He didn't pull a hissy fit like Obama has EVERY TIME things don't go his way. Be honest about it. Obama still could have waited the manditory 3 days to try to appoint them.

Name me one time during his entire presidency that he's taken responsibility for issues rather than blame Bush, the GOP, or the rest of us for not "understanding his vision"
Mandatory? I think the word you're looking for is "customary", as there is nothing mandatory about it, and that wouldn't have mattered anyway since they kept doing those stupid pro-forma sessions where they pretend to be in session when they really aren't. It's about time that shit stops anyway. Oh, and btw, Bush didn't back off all the time either. He appointed Bolton after all, even though Congress wouldn't approve him.

As for the "hissy fit" thing, that's garbage and you know it. You only call it that because you don't like the guy. When someone you like stands up to Congress or whoever else, you applaud. It's all semantics.
 
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"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell (I think...)
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94. Re: THQ Refocuses - Open Letter Jan 27, 2012, 08:39 RollinThundr
 
Wowbagger_TIP wrote on Jan 26, 2012, 19:20:
RollinThundr wrote on Jan 26, 2012, 18:59:
Wowbagger_TIP wrote on Jan 26, 2012, 18:11:
We need to make government smarter and less wasteful. Obama is calling for consolidation of several agencies now, and that's at least a start. I think some of Ron Paul's ideas in this area are good too. The stuff I've heard from the other candidates? Mostly garbage.
RP's too much of a isolationist. But we do agree here, smaller, smarter and less wasteful would be the way to go. Though to be honest I don't trust Obama as far as I can throw him. For all his "Hope and Change" rhetoric. he's just another corrupt full of shit politician that will say anything to try to gain votes. The fact that he throws hissy fits when he doesn't get his way and tries to circumvent congress often makes me dislike him even more.
Yes, but most people that don't like Obama doing that would support someone on "their side" doing it because it means they're standing up to Congress and fighting for what they said they would do. Congress passed the bill to create the agency that Obama is trying to staff. Congress thought they could get away with creating it to get the rabble to shut up and then smother it later. This is actually him doing exactly what he said he would do, and Congress has just been playing bullshit games as they always do, no matter who is in charge. Pretending to be in session when they obviously aren't is just a load of crap. Wonder how long I'd last if I just showed up for work, said hi, and walked back out.

When Bush tried to appoint people and failed, he backed off. He didn't pull a hissy fit like Obama has EVERY TIME things don't go his way. Be honest about it. Obama still could have waited the manditory 3 days to try to appoint them.

Name me one time during his entire presidency that he's taken responsibility for issues rather than blame Bush, the GOP, or the rest of us for not "understanding his vision"
 
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93. Re: THQ Refocuses - Open Letter Jan 26, 2012, 19:20 Wowbagger_TIP
 
RollinThundr wrote on Jan 26, 2012, 18:59:
Wowbagger_TIP wrote on Jan 26, 2012, 18:11:
We need to make government smarter and less wasteful. Obama is calling for consolidation of several agencies now, and that's at least a start. I think some of Ron Paul's ideas in this area are good too. The stuff I've heard from the other candidates? Mostly garbage.
RP's too much of a isolationist. But we do agree here, smaller, smarter and less wasteful would be the way to go. Though to be honest I don't trust Obama as far as I can throw him. For all his "Hope and Change" rhetoric. he's just another corrupt full of shit politician that will say anything to try to gain votes. The fact that he throws hissy fits when he doesn't get his way and tries to circumvent congress often makes me dislike him even more.
Yes, but most people that don't like Obama doing that would support someone on "their side" doing it because it means they're standing up to Congress and fighting for what they said they would do. Congress passed the bill to create the agency that Obama is trying to staff. Congress thought they could get away with creating it to get the rabble to shut up and then smother it later. This is actually him doing exactly what he said he would do, and Congress has just been playing bullshit games as they always do, no matter who is in charge. Pretending to be in session when they obviously aren't is just a load of crap. Wonder how long I'd last if I just showed up for work, said hi, and walked back out.
 
Avatar 9540
 
"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell (I think...)
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92. Re: THQ Refocuses - Open Letter Jan 26, 2012, 18:59 RollinThundr
 
Wowbagger_TIP wrote on Jan 26, 2012, 18:11:
We need to make government smarter and less wasteful. Obama is calling for consolidation of several agencies now, and that's at least a start. I think some of Ron Paul's ideas in this area are good too. The stuff I've heard from the other candidates? Mostly garbage.
RP's too much of a isolationist. But we do agree here, smaller, smarter and less wasteful would be the way to go. Though to be honest I don't trust Obama as far as I can throw him. For all his "Hope and Change" rhetoric. he's just another corrupt full of shit politician that will say anything to try to gain votes. The fact that he throws hissy fits when he doesn't get his way and tries to circumvent congress often makes me dislike him even more.
 
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91. Re: THQ Refocuses - Open Letter Jan 26, 2012, 18:11 Wowbagger_TIP
 
RollinThundr wrote on Jan 26, 2012, 17:16:
My starting point was coming from nothing, everything I've achieved I've done myself through hard work and effort to make something of myself. So please, don't lecture me on my starting point.
You're gonna have to define "nothing", because I've heard far too many people make that claim that have no idea what they're talking about. That doesn't even get into the fact that there's a lot worse situations out there than coming from "nothing" too.

RollinThundr wrote on Jan 26, 2012, 17:16:
Take a good look at the people Obama surrounds himself with, the aforementioned Ayers, the raciest Rev Wright, you mean to tell me Obama sat in his church pew for 19 years and didn't hear the raciest drivel he spews out and doesn't follow it? One listen to some of the things our "first lady" spews should turn a light bulb on.
Not sure what "spew" you're referring to, and you can take all kinds of talk in a lot of different ways. There's been a hell of a lot of overlooked racism within both parties forever, but especially by whites. As for Ayers, I still don't see the big connection everyone was trying to make between him and Obama. I haven't seen anything that makes them out to be more than friendly neighbors. As for Wright, yeah, I've seen some quotes from him that are typical of those who are angry about the treatment of blacks in the US. Yeah, some of it could be construed as somewhat racist, but it's really just complaining. Much of it is true, even if it's not popular to talk about too. It's not like blacks were treated well throughout history, and he's old enough to have been around during some pretty nasty times too.

I've heard far worse from white ministers about all sorts of groups, and these guys have been courted by Republicans like Perry, Bachman, Gingrich and Santorum. Remember Perry's buddies from his big prayer event? The ones that claim that the Democratic Party is literally controlled by a demon name Jezebel? Wow.

RollinThundr wrote on Jan 26, 2012, 17:16:
The man is all about socialism and wealth redistribution. It's quite easy to figure it out. C'mon man don't be dense.
What are you talking about? Wealth redistribution is always happening and always has been. It's just that the wealthiest people in the US have been very successful in getting the redistribution done in their favor lately. They've gotten all sorts of breaks, loopholes and handouts (or bailouts) written for themselves, which is why they're the only ones in this country who have actually been doing better over the past decade or more. That needs to be reversed, or we really are going to have a serious problem. All boats have not been rising. The middle class has been drowning as the rich get richer. Small business suffers because they have fewer customers.

RollinThundr wrote on Jan 26, 2012, 17:16:
Not that the GOP is much better by any means, please don't think I'm trying to say they are.

But at the end of the day, unless we get a true fiscal conservative in office that seriously makes the tough cuts that need to be made, we're never going to get out of the debt rut. You can only borrow from China and others for so long. The tax and spend mentality of most liberals and a good part of republicans, isn't sustainable.
I agree that serious changes need to be made, but the ones that most Republicans are calling for are nothing but a smokescreen for more handouts to the richest people who sure as hell don't need any more help. They're doing ridiculously well already. We've bailed them out enough, don't ya think?

We need to make government smarter and less wasteful. Obama is calling for consolidation of several agencies now, and that's at least a start. I think some of Ron Paul's ideas in this area are good too. The stuff I've heard from the other candidates? Mostly garbage.

This comment was edited on Jan 26, 2012, 18:18.
 
Avatar 9540
 
"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell (I think...)
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90. Re: THQ Refocuses - Open Letter Jan 26, 2012, 17:16 RollinThundr
 
Wowbagger_TIP wrote on Jan 26, 2012, 13:13:
RollinThundr wrote on Jan 26, 2012, 12:32:
Matshock wrote on Jan 26, 2012, 10:47:
RollinThundr wrote on Jan 26, 2012, 09:45:
Change the tax codes so everyone pays a flat 18% Across the board. That's fair isn't it? Democrats talk about fairness all the time. Everyone paying the same sounds fair to me.

More like 27% if you don't want to cut Social Security/Medicare deeply.

But that would be a step in the right direction- it will end all of the special interest provisions built into the tax code.

And for those rolling your eyes- 27% is a lot more than the capital gains 15% cap (18% is more for that matter). If anything, tax revenues will go up because the multi-nationals like Apple & GM will have fewer places to hide income.

If you're gonna bleed all over about the poor just print them off some more food credit for their WIC cards. They can keep buying cases of energy drinks for their cocktails before mounting their new pickup trucks.

IMO it's too late anyway but if someone wants to take a shot at plugging the gaping hole in the hull from the inside then be my guest.

Here is the Democrat's final solution:

Obama has prepped for our "Great Leap Forward" by dooming our seniors to an earlier grave.

Part of the Obamacare law that went into effect this January 1 was to stop paying for my Aunt's blood pressure meds- no notice was sent to her or her doctor, apparently my 92 year old aunt is supposed to read 25K+ pages of regulations and prepare accordingly.

It's as old as paganism itself- when the crops don't come in start opening throats on the altar of hedonism until everyone left is satisfied again.


18% is fine. Maybe a few percent more. The problem in the US is people are not taught to be personally responsible anymore. It is NOT government's job to provide. Budgeting isn't rocket science yet to liberals it apparently is, why I don't know. Saving for retirement isn't rocket science either. To those on the left, their solution is just tax the rich more and redistribute it to every one else. It's a failed idelogy. Socialism, much like communism doesn't work.
Your problem is that you don't seem to comprehend that not everyone has the same starting point as you, and that some people start off so ridiculously handicapped by their circumstances that they're lucky if they can manage to even get enough education to have a clue that there is any other way than what they see around them every day.

You throw around words like Socialism and Communism like they actually mean something in the real world. They, like capitalism, have just been a means to extract wealth from everyone and funnel it to those in power. Everything else just depends on what people are willing to put up with. As information has become more available, their willingness to tolerate the rigging of the game has decreased as well. Places like N. Korea can only exist because they have managed to successfully limit the flow of information to their people so that nothing interferes with their brainwashing.

My starting point was coming from nothing, everything I've achieved I've done myself through hard work and effort to make something of myself. So please, don't lecture me on my starting point.

Take a good look at the people Obama surrounds himself with, the aforementioned Ayers, the raciest Rev Wright, you mean to tell me Obama sat in his church pew for 19 years and didn't hear the raciest drivel he spews out and doesn't follow it? One listen to some of the things our "first lady" spews should turn a light bulb on.

The man is all about socialism and wealth redistribution. It's quite easy to figure it out. C'mon man don't be dense.

Not that the GOP is much better by any means, please don't think I'm trying to say they are.

But at the end of the day, unless we get a true fiscal conservative in office that seriously makes the tough cuts that need to be made, we're never going to get out of the debt rut. You can only borrow from China and others for so long. The tax and spend mentality of most liberals and a good part of republicans, isn't sustainable.
 
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89. Re: THQ Refocuses - Open Letter Jan 26, 2012, 15:47 Wowbagger_TIP
 
Matshock wrote on Jan 26, 2012, 14:44:
At this point you're ignoring the fact that Obama and the Dems passed a bill that threw up a bureaucratic wall between my Aunt and her blood pressure meds. If she didn't have me around to look out for her she would have gone without them and died pretty soon because of it.
So because the bad thing happened to your family this time, it's suddenly some sort of planned attack with the goal of destroying people like you? You discount all the families who have been hurt or destroyed by Republican legislation? Kiss my ass. You don't think about them because you don't really care.

Matshock wrote on Jan 26, 2012, 14:44:
There are many seniors out there right now that had their coverage changed with no notice and are not receiving the care they were before. This is by design.
Your vaunted capitalist system does this all the time! Insurance companies drop people from care when they need it most on a regular basis! But of course you ignore that.

You still haven't explained what happened with your grandmother, or why her coverage changed, or how it relates to the health care law. I don't know of any changes that took place on January 1, 2012 aside from some reporting changes.

Matshock wrote on Jan 26, 2012, 14:44:
For what it's worth- Romney signed a similar bill in MA so there's not much hope that the Republicans will really stop .gov from clearing out as many medicare dependents as they can without actually shooting them.
Again, you haven't explained what provision of the law is supposedly targeting seniors for extermination.

Matshock wrote on Jan 26, 2012, 14:44:
I'll call Obama a commie. The only reason the avowed commies are pissed at him is because they don't have the guts to start a civil war without the feds leading them and Obama doesn't have the guts to go full retard.

He may not be all the commie he wants to be but he's working on it every day. His buddy and mentor Bill Ayers is a huge freakin commie who lives in the only place in the USA where he's safe from his victims courtesy of the people of Chicago.
And now you've devolved into incomprehensible babbling. I don't have time to try to decipher whatever code you're speaking in. I have no idea what Bill Ayers has to do with anything anymore. I tend to tune out doomsday talk about civil wars and such, as nobody in this country wants one aside from the far loonie fringes on the right and left, but those people are so disturbed that nothing they say surprises me.

Matshock wrote on Jan 26, 2012, 14:44:
I'm done educating you. Take care.
I did learn a lot about you, that much is certain.
 
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"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell (I think...)
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88. Re: THQ Refocuses - Open Letter Jan 26, 2012, 14:44 Matshock
 
Wowbagger_TIP wrote on Jan 26, 2012, 13:02:
Matshock wrote on Jan 26, 2012, 11:28:
Wowbagger_TIP wrote on Jan 26, 2012, 11:09:
Maybe you'd like to explain what you're talking about rather than engaging in ridiculous hyperbole?

Go look up China's "Great Leap Forward"- it's the name of a historical event occurring circa 1958, not "ridiculous hyperbole".

Everything the pinkos are doing has been done before, just in the last century no less. They're running the playbook to the letter.

To paraphrase Dennis Miller: "If we were up against Lenin, Stalin and Trotsky I'd be worried. But this is more like the Larry, Moe and Curly of communism so not so much."

NOW THAT'S ridiculous hyperbole but true regardless.
I understand the reference, which is why I called it hyperbole and asked you to explain wtf you're talking about. Obama is hardly a commie, he's so centrist that both sides are pissed at him. So yeah, you're gonna have to explain what he's done that make this just like what the Chinese did.

At this point you're ignoring the fact that Obama and the Dems passed a bill that threw up a bureaucratic wall between my Aunt and her blood pressure meds. If she didn't have me around to look out for her she would have gone without them and died pretty soon because of it.

There are many seniors out there right now that had their coverage changed with no notice and are not receiving the care they were before. This is by design.

For what it's worth- Romney signed a similar bill in MA so there's not much hope that the Republicans will really stop .gov from clearing out as many medicare dependents as they can without actually shooting them.

I'll call Obama a commie. The only reason the avowed commies are pissed at him is because they don't have the guts to start a civil war without the feds leading them and Obama doesn't have the guts to go full retard.

He may not be all the commie he wants to be but he's working on it every day. His buddy and mentor Bill Ayers is a huge freakin commie who lives in the only place in the USA where he's safe from his victims courtesy of the people of Chicago.

I'm done educating you. Take care.

 
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87. Re: THQ Refocuses - Open Letter Jan 26, 2012, 13:13 Wowbagger_TIP
 
RollinThundr wrote on Jan 26, 2012, 12:32:
Matshock wrote on Jan 26, 2012, 10:47:
RollinThundr wrote on Jan 26, 2012, 09:45:
Change the tax codes so everyone pays a flat 18% Across the board. That's fair isn't it? Democrats talk about fairness all the time. Everyone paying the same sounds fair to me.

More like 27% if you don't want to cut Social Security/Medicare deeply.

But that would be a step in the right direction- it will end all of the special interest provisions built into the tax code.

And for those rolling your eyes- 27% is a lot more than the capital gains 15% cap (18% is more for that matter). If anything, tax revenues will go up because the multi-nationals like Apple & GM will have fewer places to hide income.

If you're gonna bleed all over about the poor just print them off some more food credit for their WIC cards. They can keep buying cases of energy drinks for their cocktails before mounting their new pickup trucks.

IMO it's too late anyway but if someone wants to take a shot at plugging the gaping hole in the hull from the inside then be my guest.

Here is the Democrat's final solution:

Obama has prepped for our "Great Leap Forward" by dooming our seniors to an earlier grave.

Part of the Obamacare law that went into effect this January 1 was to stop paying for my Aunt's blood pressure meds- no notice was sent to her or her doctor, apparently my 92 year old aunt is supposed to read 25K+ pages of regulations and prepare accordingly.

It's as old as paganism itself- when the crops don't come in start opening throats on the altar of hedonism until everyone left is satisfied again.


18% is fine. Maybe a few percent more. The problem in the US is people are not taught to be personally responsible anymore. It is NOT government's job to provide. Budgeting isn't rocket science yet to liberals it apparently is, why I don't know. Saving for retirement isn't rocket science either. To those on the left, their solution is just tax the rich more and redistribute it to every one else. It's a failed idelogy. Socialism, much like communism doesn't work.
Your problem is that you don't seem to comprehend that not everyone has the same starting point as you, and that some people start off so ridiculously handicapped by their circumstances that they're lucky if they can manage to even get enough education to have a clue that there is any other way than what they see around them every day.

You throw around words like Socialism and Communism like they actually mean something in the real world. They, like capitalism, have just been a means to extract wealth from everyone and funnel it to those in power. Everything else just depends on what people are willing to put up with. As information has become more available, their willingness to tolerate the rigging of the game has decreased as well. Places like N. Korea can only exist because they have managed to successfully limit the flow of information to their people so that nothing interferes with their brainwashing.
 
Avatar 9540
 
"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell (I think...)
Reply Quote Edit Delete Report
 
86. Re: THQ Refocuses - Open Letter Jan 26, 2012, 13:02 Wowbagger_TIP
 
Matshock wrote on Jan 26, 2012, 11:28:
Wowbagger_TIP wrote on Jan 26, 2012, 11:09:
Maybe you'd like to explain what you're talking about rather than engaging in ridiculous hyperbole?

Go look up China's "Great Leap Forward"- it's the name of a historical event occurring circa 1958, not "ridiculous hyperbole".

Everything the pinkos are doing has been done before, just in the last century no less. They're running the playbook to the letter.

To paraphrase Dennis Miller: "If we were up against Lenin, Stalin and Trotsky I'd be worried. But this is more like the Larry, Moe and Curly of communism so not so much."

NOW THAT'S ridiculous hyperbole but true regardless.
I understand the reference, which is why I called it hyperbole and asked you to explain wtf you're talking about. Obama is hardly a commie, he's so centrist that both sides are pissed at him. So yeah, you're gonna have to explain what he's done that make this just like what the Chinese did.
 
Avatar 9540
 
"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell (I think...)
Reply Quote Edit Delete Report
 
85. Re: THQ Refocuses - Open Letter Jan 26, 2012, 12:32 RollinThundr
 
Matshock wrote on Jan 26, 2012, 10:47:
RollinThundr wrote on Jan 26, 2012, 09:45:
Change the tax codes so everyone pays a flat 18% Across the board. That's fair isn't it? Democrats talk about fairness all the time. Everyone paying the same sounds fair to me.

More like 27% if you don't want to cut Social Security/Medicare deeply.

But that would be a step in the right direction- it will end all of the special interest provisions built into the tax code.

And for those rolling your eyes- 27% is a lot more than the capital gains 15% cap (18% is more for that matter). If anything, tax revenues will go up because the multi-nationals like Apple & GM will have fewer places to hide income.

If you're gonna bleed all over about the poor just print them off some more food credit for their WIC cards. They can keep buying cases of energy drinks for their cocktails before mounting their new pickup trucks.

IMO it's too late anyway but if someone wants to take a shot at plugging the gaping hole in the hull from the inside then be my guest.

Here is the Democrat's final solution:

Obama has prepped for our "Great Leap Forward" by dooming our seniors to an earlier grave.

Part of the Obamacare law that went into effect this January 1 was to stop paying for my Aunt's blood pressure meds- no notice was sent to her or her doctor, apparently my 92 year old aunt is supposed to read 25K+ pages of regulations and prepare accordingly.

It's as old as paganism itself- when the crops don't come in start opening throats on the altar of hedonism until everyone left is satisfied again.


18% is fine. Maybe a few percent more. The problem in the US is people are not taught to be personally responsible anymore. It is NOT government's job to provide. Budgeting isn't rocket science yet to liberals it apparently is, why I don't know. Saving for retirement isn't rocket science either. To those on the left, their solution is just tax the rich more and redistribute it to every one else. It's a failed idelogy. Socialism, much like communism doesn't work.
 
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84. Re: THQ Refocuses - Open Letter Jan 26, 2012, 11:33 Prez
 
Bhruic wrote on Jan 26, 2012, 09:09:
Okay, we can defintiely agree that the CEO of Mobile Exxon is rich. But any legislation that forces him to pay "his fair share" will also end up affecting the small business owner, someone who more often than not is far from rich.

Why? You don't think it's possible to craft a law that only applies to larger corporations? There are quite a few such laws already in existence.

I made it sound like it's impossible to do so in my post, which as you state, is not the case. It's also not as simple as it sounds. It has been my observation that all legislation written or proposed in recent years is thrown together so haphazardly that it ends up hurting the small business owner and the middle income family.

To whit, what Democrats didn't mention in the past when stirring up the masses against the vile "rich" in advance of their attempts to raise taxes was that they defined "rich" as anyone making over $200,000 a year. That's just insane. That is NOT rich. It's getting to where it's not even well-off. Now I'm starting to hear $1,000,000 thrown around as the number, which is more reasonable, but still would not constitute "rich" for most small business owners when considering operating costs, employee benefits, etc. I know a guy who owns a cabinet- making business that grosses him around $1.5 million a year. He told me if taxes go up any higher he will have to lay off people because he's barely scraping by. And trust me, judging by his house and car, he is not living to excess by any stretch of the imagination.

Invariably, raising taxes translates to middle income workers losing their jobs. The net effect ends up being the exact opposite of the original goal. Maybe we just need to accept that some people are going to make more money than us (often way more) , and that not all of those people are going to behave as altruistically as we would like them to. Given how ingrained the politics of envy are in our society, however, that might be too much to ask.
 
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83. Re: THQ Refocuses - Open Letter Jan 26, 2012, 11:28 Matshock
 
Wowbagger_TIP wrote on Jan 26, 2012, 11:09:
Maybe you'd like to explain what you're talking about rather than engaging in ridiculous hyperbole?

Go look up China's "Great Leap Forward"- it's the name of a historical event occurring circa 1958, not "ridiculous hyperbole".

Everything the pinkos are doing has been done before, just in the last century no less. They're running the playbook to the letter.

To paraphrase Dennis Miller: "If we were up against Lenin, Stalin and Trotsky I'd be worried. But this is more like the Larry, Moe and Curly of communism so not so much."

NOW THAT'S ridiculous hyperbole but true regardless.
 
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82. Re: THQ Refocuses - Open Letter Jan 26, 2012, 11:09 Wowbagger_TIP
 
Matshock wrote on Jan 26, 2012, 10:47:
Obama has prepped for our "Great Leap Forward" by dooming our seniors to an earlier grave.

Part of the Obamacare law that went into effect this January 1 was to stop paying for my Aunt's blood pressure meds- no notice was sent to her or her doctor, apparently my 92 year old aunt is supposed to read 25K+ pages of regulations and prepare accordingly.

It's as old as paganism itself- when the crops don't come in start opening throats on the altar of hedonism until everyone left is satisfied again.
Maybe you'd like to explain what you're talking about rather than engaging in ridiculous hyperbole?
 
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"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell (I think...)
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81. Re: THQ Refocuses - Open Letter Jan 26, 2012, 10:47 Matshock
 
RollinThundr wrote on Jan 26, 2012, 09:45:
Change the tax codes so everyone pays a flat 18% Across the board. That's fair isn't it? Democrats talk about fairness all the time. Everyone paying the same sounds fair to me.

More like 27% if you don't want to cut Social Security/Medicare deeply.

But that would be a step in the right direction- it will end all of the special interest provisions built into the tax code.

And for those rolling your eyes- 27% is a lot more than the capital gains 15% cap (18% is more for that matter). If anything, tax revenues will go up because the multi-nationals like Apple & GM will have fewer places to hide income.

If you're gonna bleed all over about the poor just print them off some more food credit for their WIC cards. They can keep buying cases of energy drinks for their cocktails before mounting their new pickup trucks.

IMO it's too late anyway but if someone wants to take a shot at plugging the gaping hole in the hull from the inside then be my guest.

Here is the Democrat's final solution:

Obama has prepped for our "Great Leap Forward" by dooming our seniors to an earlier grave.

Part of the Obamacare law that went into effect this January 1 was to stop paying for my Aunt's blood pressure meds- no notice was sent to her or her doctor, apparently my 92 year old aunt is supposed to read 25K+ pages of regulations and prepare accordingly.

It's as old as paganism itself- when the crops don't come in start opening throats on the altar of hedonism until everyone left is satisfied again.

 
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80. Re: THQ Refocuses - Open Letter Jan 26, 2012, 10:32 Wowbagger_TIP
 
Prez wrote on Jan 26, 2012, 07:58:
The major hesitation I have is always when people start talking about forcing "rich people" to pay their "fair share". Who defines "rich", and who gets to decide what a "fair share".
As opposed to the way things have been for quite a while now, where the super wealthy, via their lobbyists, get to decide all these things? Is that really a better situation for the vast majority of Americans? We might as well just set up a tip jar for the 1% to use at this point. They pretty much pay whatever they want anyway, and they sure as hell get a lot more from government than most people do. If only I could afford a lobbyist to get a loophole passed that ensures that my company doesn't have to pay any taxes...
 
Avatar 9540
 
"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell (I think...)
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79. Re: THQ Refocuses - Open Letter Jan 26, 2012, 10:11 Verno
 
RollinThundr wrote on Jan 26, 2012, 09:45:
Change the tax codes so everyone pays a flat 18% Across the board. That's fair isn't it? Democrats talk about fairness all the time. Everyone paying the same sounds fair to me.

I hope this is sarcasm because otherwise Rolleyes2
 
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Playing: South Park, Dark Souls 2
Watching: Enemy, Network, Wer
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78. Re: THQ Refocuses - Open Letter Jan 26, 2012, 09:45 RollinThundr
 
Prez wrote on Jan 26, 2012, 07:58:
The fact of the matter is that such a sweeping change as a fundamnental shift from capitalism to something else is never going to happen until such time as the current system utterly collapses and we start over with something else. And I sincerely hope that never happens. Given that, whether you think capitalism is the greatest thing since sliced bread or is pure vileness is almost irrelevent to any practical discussion. As Americans, our only real, practical option is trying to fix what we have.

The major hesitation I have is always when people start talking about forcing "rich people" to pay their "fair share". Who defines "rich", and who gets to decide what a "fair share". I've noticed that people have wildly varying definitions of what constitutes "rich". Okay, we can defintiely agree that the CEO of Mobile Exxon is rich. But any legislation that forces him to pay "his fair share" will also end up affecting the small business owner, someone who more often than not is far from rich. In turn the economy as a whole suffers. I don't claim that the Republicans have close to the right of the economic issues, but what always just makes me crazy is how Democrats, in their haste to attack the rich, fail to see that their vindictive policies end up hurting the middle class.

Make no mistake - a war on the rich IS an attack on the middle class. The question people need to ask before calling for more "taxes on the rich" should be: Is trying to knock down the Fat Cats a peg or three worth further pain to the middle class? Any sweeping changes to our system should only come after long deliberation on how they could hurt the middle class.

All my opinion of course.

Change the tax codes so everyone pays a flat 18% Across the board. That's fair isn't it? Democrats talk about fairness all the time. Everyone paying the same sounds fair to me.
 
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77. Re: THQ Refocuses - Open Letter Jan 26, 2012, 09:42 RollinThundr
 
space captain wrote on Jan 26, 2012, 01:05:
RollinThundr wrote on Jan 26, 2012, 00:24:
DERRRRRRP DERRRRRRP *slobber* ... *drool*

ive seen chimps with better reasoning ability

Great rebuttle there, let me guess you fell for the line that obama would help you with your gas and mortgage.
 
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76. Re: THQ Refocuses - Open Letter Jan 26, 2012, 09:09 Bhruic
 
Okay, we can defintiely agree that the CEO of Mobile Exxon is rich. But any legislation that forces him to pay "his fair share" will also end up affecting the small business owner, someone who more often than not is far from rich.

Why? You don't think it's possible to craft a law that only applies to larger corporations? There are quite a few such laws already in existence.
 
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