Toys "R" Us has asked the bankruptcy court for permission to pay $16 million in bonuses to its top executives if the company is able to hit some financial targets during the upcoming holiday shopping season.


Sink the ship, reward yourself.

http://money.cnn.com/2017/11/1...ve-bonuses/index.html


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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".

This obviously isn't an example of Capitalism, Rusty. Unless I am mistaken, asking the government to supplement your inability to perform for yourself is a form of Socialism..........and thank you for highlighting how stupid, and dangerous it is.

I think you're mistaken. Where did you see the government supplementing anything?



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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".

You are correct, I misread. They are not asking the government for a supplement. I still stand by my notion this isn't a form of Capitalism. If it were, they would shrivel up and die on the own accord without any money available for bonuses.

In late stage capitalism, the wealthy capitalists use political power to control the law. They create laws that maintain private profits while socializing losses.

Take bankruptcy. Rather than just "shrivel up and die" as you describe, a business can go into debt, then use the bankruptcy law to avoid paying the people they own money to.
Then they can liquidate assets and pay themselves handsomely while the investors and creditors as well as displaced workers get screwed.

Capitalism isn't pretty obie, but it's time you know the truth. Free markets are great for allocating resources efficiently, but unrestricted capitalism trends toward monopoly and oligarchy.

You've probably felt the effects yourself at some point. If not, you will soon enough.



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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".

We went the bankruptcy route to get away from debtor's prisons, which is what our mother country used. Think that was the way to go. And, if these guy aren't worth the bucks, the trustee won't give it to them.

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I :heart; Q

OBX's mad economicz skillz for the win!



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When America was "great"

You commie SOB's just don't get it! I more than deserve my $2,000,000 bonus! If it wasn't for me, Toys R Us would have had to file 2 weeks earlier!

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Dora Hates You

When was a corporation ever sent to debtors prison? I know a few who belong in prison, I'm still waiting for Texas to execute one.

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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".

THEY were on watch when the company went belly up and they like you are worthless



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"Most people would die sooner than think; in fact, they do." - Bertrand Russell


"Morality is doing what is right, regardless of what you are told. Religion is doing what you are told, regardless of what is right.


If I do not answer you .... nothing personal, I just have you on ignore.

"Corporation are people too" So long as money is being handed out. As soon as payment or repercussion is announced they are not people. They are corporation that are exempt by law from any of that. It's the 'Merican way. Otherwise why the fuck would you pay a lobbyist all that money.

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I distrust those people who know so well what God wants them to do, because I noticed it always coincides with their own desires

Susan B. Anthony
1896

Impeach Trump

Of course it's capitalism, Trump failed so big it made him a multi millionaire. He failed so big a second time, he doesn't have to pay taxes for 20 years, yet he's still rich.

The system is made for those with money, the new tax plan is absolute proof of that fact.

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I was right.

Eventually the upward redistribution of wealth will cause the whole thing to to over.

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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".

Wrong, prog. I am worth quite a bit.

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I :heart; Q

I like what Trump did with the Taj Mahal. He leveraged himself to the gills on that boondoggle. When the banks were about to call in the loans he got his dad to buy $2,000,000 in poker chips. That's a nice no interest loan eh? It was illegal. They paid a fine. But that gave Trump enough money to keep the wolves at bay long to create a public corporation and sell stock. He used his glitz and hype to dupe a bunch of rubes into buying stock in the company, shifted the debt burden to that company. Then the inevitable bankruptcy hit, having been delayed by the daddy loan, and he fucked over all the share holders, contractors, creditors...... He was absolute toast in the credit department. Nobody mainstream would loan him squat for his real estate games, until the people with too many consonants in their language started buying lots of east coast property. Then NBC created the fiction that was "The Apprentice" and completely resurrected his brand for all the mouth breathing reality TV fantards.

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...

Smart move by Trump. It's nice having a smart president after 8 years of having a dope. I can see why Trump intimidates progs. He, unlike the PiC, lowers progs' feeling of self worth.

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I :heart; Q