Showing posts with label profit. Show all posts
Showing posts with label profit. Show all posts

Wednesday, November 30, 2011

Occupy Wall Street protesters turn their attention to Obama



Well it was only a matter of time. For the past couple months now the Occupy protesters have focused their efforts on big corporations who are raking in big profits and banks who received bailouts while the rest of us were left holding the bag. That was a decent starting point I suppose but at the end of the day, these companies can get only get so powerful without the help of the government. Companies are basically money making machines that operate on one principle only: to maximize profits for the shareholders.

From banks to retailers to car manufacturers, at the end of the day they all have the same goal. And how they conduct their business to achieve those goals is influenced a great deal by the legal and political environment. If rules are enforced and there is an even playing field with no company being favored by the government, companies live and die based on the quality of their products and their benefit to the consumers. If however we create an environment where the government is empowered to pick winners and losers, then companies are going to lobby the politicians to become the winners and ultimately end up with an unfair advantage.

The government essentially sets the stage for how business is conducted. If a company is behaving in a way that breaks the law or has a negative effect on society, that company should be called out and forced to face consequences. But if the government is not only allowing that to happen but is actually instrumental in it occurring, we need to take a look at them as well.

From nytimes.com:
More than 100 Occupy Wall Street protesters marched to a Midtown hotel on Wednesday night to protest a fund-raising event for President Obama.
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Demonstrators held signs that leveled some of the Occupy protest’s most pointed criticism to date of the president. “Obama is a corporate puppet,” one said.
It will be interesting to see if this is a one time thing simply because Obama is in the area raising money "for the richest of the rich", or if this will spark the beginning of a new chapter in the Occupy movement.

Wednesday, October 27, 2010

People Liking People Can No Longer Support Jack Conway

Folks, we've recently learned of some information that has us angry, disappointed, confused and humiliated all at the same time. Have you ever had someone pull a quick prank on you by pulling your pants down at work but it was the one day you forgot to wear underwear? That's kind of how we feel right now. Now, let me begin by saying that we weren't really the biggest Jack Conway fans to begin with, our long time readers know this. We were pretty much just pulling for him because it was better than having a republican elected to the KY U.S. Senate seat.

Our readers will remember that the one thing that made us feel a little resistant to Jack Conway is that his big claim to fame was that he was tough on drugs. It's like dude, you're a democrat, you're supposed to be liberal about drug use and be pushing for the legalization of marijuana. What in the hell are you doing trying to lead the charge clamping down on drug use? Everyone knows the war on drugs has been a complete failure. Everyone except for Jack Conway... at least we thought.

It turns out that all this time Jack's brother Matthew Conway has been trafficking drugs for years in Kentucky and has gotten away with it several times due to him and Jack's influence and power in the state. Keep in mind that Matthew Conway is a prosecuting attorney and Jack Conway is the Attorney General of KY.

From Salem-News.com:

Jack Conway's brother, Matthew Conway, a prosecuting attorney for Jefferson County has been under investigation twice for possible drug use or drug trafficking. And that Louisville, KY narcotics detectives -- Ronald Russ and Scott Wilson -- tipped off Matt Conway both times that he was under investigation -- and the investigation had been compromised. Matt Conway and the two detectives who tipped him off have all given misleading and/or false statements — Matt Conway doing so under oath.

Detective Wilson told Louisville attorney Scott Roby about the allegations and Roby notified Matt Conway. Wilson, who is a longtime acquaintance of Conway, also let the attorney read the complaint against him and warned him that he wanted to search his home. When he did search -- two days later, nothing incriminating was found.

Now, we're all for trafficking and doing drugs here at People Liking People. But to partake in that and then prosecute everyone else that's doing it too? That's just wrong. They're basically killing off all the competition so the Conways can have a drug cartel monopoly. And monopolies go against everything America is supposed to stand for. Conway's been pro-drug all this time and has simply used his position to as Attorney General to make sure no other drug dealers got a share of him and his brother Matt's profits. We're pro-business here but this is beyond shady and back in the old days these Conway brothers would have been shot and killed by now. Of course we'd never advocate violence here and these are different times we're living in now, but the fact remains that Jack Conway and his brother got where they are today in politics only so they could be the drug king pins of their state. There's absolutely no way we could ever vote for someone like Rand Paul so we'll probably be sitting this one out. In the future we'll try to be a little bit more careful about the candidates we support.