Tag Archive: business


Scenario 1:

Let’s say I have a great idea for a business. I want to give it a whirl, I’ve secured appropriate funding (investors and loans), and I am gonna make this thing happen!! I open my business and things are going GREAT! Things start going downhill, and then I get into trouble, financially. I try to sell the business, but no takers. I am done for. The bank and investors get all their money, but I’ve lost the business, my house, my savings, and my family and I are destitute and homeless.

Scenario 2:

The same scenario, except this time, I incorporate, in other words, I become a corporation. This means that I have some protections when going into business. If things go bad, the bank and investors get everything, except my personal stuff. Imagine things go downhill in this scenario. Several things can happen. I can still try to sell the business to someone who thinks they can make it work. If that doesn’t work, I go under, the bank and investors take ALL the business assets and I have to walk away, jobless, without an income, but my family and I are not homeless on the street. If I had 6 months savings, for just in case I lost my job, the bank and/or government can’t take that money. So, I don’t have to go on welfare or whatever, I can look for a job before my savings run out.

Scenario 2 is better for me, better for my family, and better for the country. If everyone whose business went under had everything taken away from them, there would be a ton more people on the public welfare rolls. This is BAD for everyone. Also, without these legal protections, why would anyone take the risk of starting a business? And, small businesses (having under 50 employees) provide 68% of the jobs in America. If no one started businesses, all those other people would be out of luck. It just makes sense to have legal protections that separate business from personal funds.

So, what are corporations? They are people who have legal protections against being destitute. That’s pretty much it, in a nutshell.

Saying that corporations are not people is like saying that workers are not people because they are a group. “Workers” are make up of people, and so are corporations. This business about corporations being people is only an issue because people don’t know what it means to incorporate. Businesses are run by people And, they aren’t wizards behind curtains, either. All the info you need about a corporation is public information. Take advantage of that, and dispel this idea that corporations are run by faceless, nameless entities. Nope. They’re run by real people, just like you and me.

In Obamacare, we find that if someone is of some particular religion, that must be disregarded when they are running their business. They must, even if they object on moral grounds, to offer birth control in the health plans to their employees. Many seem to think this is okay, and, in light of some Supreme Court cases, that seems to be the trend.

But, all we have to do is look at the first amendment to see that this is wrong. It’s simple English: The Congress cannot make any law that prohibits (restricts) the free exercise of religion.

first amendment

Let’s not worry right now about free speech, press, or assembly. This is about religion. Now, it’s clear that CONGRESS ONLY is not allowed to “make [any] law prohibiting the free exercise” of religion. The state governments are not denied this. They ARE denied some things, and those items are listed in Article I, Section 10. There are only a few things denied to the states, such as not being able to, as individual states, enter into treaties with foreign governments. It’s a logical list.

Now, you might be all up in arms about this saying that there can be NO restriction on speech or religion!! But, states make laws about slander and libel, and they can outlaw Satanic rituals. That makes sense, and keeps society civil. However, Congress cannot make laws about slander and libel. They also cannot regulate religion.

So, the Congress cannot make ANY law in regards to the free exercise of religion, even telling businesses what type of health care insurance they have to provide to their employees.

If this is not enough to make you understand and be persuaded to see the truth of my argument, let’s turn the tables and see how this works on the reverse. If you are an atheist, and you do want to provide your employees with health insurance that covers birth control, but Congress makes a law that this is illegal. Regardless of your personal beliefs, you cannot offer that type of health insurance. Is that right? No. And, neither is it right to force those who don’t want to offer this to do so.

Another argument is that the employees do not have the right to choose. But, that choice was made when they agreed to work at a business that is run by a certain religion. If I applied for a job where I knew the proprietors were Scientologists, I might not be surprised when they don’t offer health insurance for antidepressants. Since when am I forced to work for them? I’m not, and neither are the people who work for Catholics.

The right of conscience, the ability to live your life, in all spheres, according to your beliefs, is a foundational right in this country. Only when your beliefs infringe on the rights of others can the STATES intervene. For instance, if your religion believes that if a child misbehaves, that the parents can kill the child, this is an illegal act and will be considered a crime, even though it’s in your belief system. This is because the child’s right to life is not to be taken from them. That can only happen legally if they have been convicted of crimes suitable for the death penalty, or if some individual kills them in self-defense. States have the duty to protect the inalienable rights of their citizens. If you are confused about what a right is, or whether health care insurance is a right (hint: it’s NOT), please see my blog about rights.

This bill was passed by the SCOTUS because they said the government has a right to tax its people. Even if we ignore the fact that the tax is on NOT doing something (one of the “taxes” is for those who don’t get what the government deems proper insurance), the ruling totally ignored the first amendment rights  of all individuals to exercise their religion, even in the public square. The amendment does not read, you see, “Congress shall make no law…prohibiting the free exercise [of religion], unless you open a business or are out in public.”

Get a copy of my book about The Declaration of Independence by clicking the link on the right. That document is the premise for our country, and everyone needs to read it. Now, it’s Made Easy! Get your copy today!

Wow!! The unemployment rate went down to 7.7%! Isn’t that great?!?!

 

In a word: no. And, here’s why – they count like they have been drinking for 7 days straight.

 

You would think that the unemployment rate would count all those who are unemployed, right? Well, you’d be wrong. The rate everyone (including the mainstream media – in an effort to get some crumbs thrown to them by their master) quotes counts…get ready…ONLY THOSE WHO ARE CURRENTLY DRAWING UNEMPLOYMENT BENEFITS.

 

Ask me if they count those who have been unemployed so long they are ineligible for more benefits, or the people who have taken jobs flipping burgers part-time when they have bachelor’s degrees. Go ahead. Ask me. The answer is NO!!

 

As my friend Kathryn Tyler (who posted the articles used in this post) puts it, “DECEPTION: FEWER people have jobs, but the Obama Administration reports an improved unemployment rate.” It is deception.

 

Now you know how they make the rate go down!! They just stop counting those who have just dropped out of the work force because they can’t get unemployment anymore, and they also can’t find a job. Technically, they are unemployed, but you can’t seriously think the MEDIA would be bothered with details, now, can you? Of course not, they have a president to protect.

 

After saying in the first paragraph that this report was good news, CNBC reports further down in the article, “The labor force participation rate, already around 30-YEAR LOWS, fell further in the month to 63.6%. That represented 350,000 FEWER workers…” and “The government managed to get the unemployment rate down by shrinking the labor force.”

 

Oh, is that all? They just quit counting people who don’t have jobs?? That IS good news, CNBC! No wonder your readership is growing mightily!! Oh, it’s not? Huh.

 

Anyway, here is a graph showing how many people are in the work force.

Labor Force Participation Rate Chart from Zerohedge.com

Labor Force Participation Rate Chart from Zerohedge.com

 

Gosh. That doesn’t look like a recovery at all, does it? Well, now you know. You can either keep on believing the MSM and those in government who spew this nonsense and shut your eyes to the truth, in which case, you are as useful an idiot as they wish you to be, or you can face the truth and WAKE UP! Then, wake up your neighbor. We have a country to save.

Profit? Or Profit MARGIN?

(Note: this post was co-authored by my beloved husband, Kristian Carter.)

Here’s the deal…when discussing how much businesses make, there is a HUGE difference between how much profit they make and what their profit margin is.

 

However much a company makes (call it Widgets, Inc.) is called profit. This is just the total amount of money this company makes by selling widgets. Inventive naming, I know. 😉

 

BUT, there is a column next to the “income” column that most businesspeople detest. It’s, in simplified form, “money we have to spend to operate this business.”  This column* contains all of the costs associated with that company: labor, raw materials, rent, utilities, etc. Yep, they have to pay money to make widgets!! You’d think this would be a no-brainer, but most people talk about profits, not profit margins.

 

(*Yes, yes, I know labor is its own column, but I’m trying to keep it simple! Stick with me, here!)

 

Let’s delve into Widgets, Inc. a little more. We find that they have made $3.4 million last year alone! They must be ROLLING IN THE DOUGH, right? Oops, not so fast.

 

They had to pay $4.1 million in costs!! Bummer. Many companies will have some money in reserve or can borrow money to carry them through a period of rough times. However, if business does not improve, the reserves will be depleted, and the company may become too risky for additional loans. Too bad Widgets, Inc. will likely be closing their doors. Their CEO gets no more paycheck (as well he or she shouldn’t…look at those numbers!), people will be fired, and no one gets to buy another widget from them. Sad.

 

If Widgets, Inc. were Apple, people would be ever so slightly ticked, no?

 

So, when discussing how well a business is doing (and for politicians, how much to tax them), think about what happens when the margin is negative. No way to tax a closed company (though, I’m sure they’ve wracked their teeny brains to find a way…).

 

Now, when people discuss the EVIL OIL COMPANIES and their OBSCENE PROFITS!…ask yourself this: what is the profit margin?

 

To get the answer, buy some stock in any company that has anything to do with the oil industry. You will be sad that you will never get rich. They are all almost always on the verge of making no profit margins.

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