Showing posts with label wealth envy. Show all posts
Showing posts with label wealth envy. Show all posts

Wednesday, May 13, 2009

Flaunting Success in "These Tough Economic Times"

"It's great to have nice homes! It's great to have a private jet! Anyone that tells you that having your own private jet isn't great is lying to you." Oprah Winfrey

The queen of daytime talk has more viewers than all competitors. Looked up to by hundreds of millions of people around the world. Revered as a television diva. Creator of best selling authors. Charitable giver of gifts and money. Career builder for regular contributors (Dr.'s Phil and Oz)! Millionaire creator! But cannot read the memos published by her boy, B-Rock.

Maybe Oprah didn't get the memo from B-Rock concerning flaunting your wealth and success. He has assailed success and wealth as a bad thing from the campaign trail and from the White House. But the other Big O, Oprah, flaunted her success and wealth at the graduation ceremony of Duke University.

Under this current administration it is against American values to have wealth because others are less fortunate. Obama told corporate leaders that they should not be getting in their corporate jets and going down to Las Vegas or to the Super Bowl. But Oprah says it is great to have your own private jet and nice homes and now Obama is heading to Vegas on his corporate jet to stump for political donations for Harry Reid. I guess it is o.k. to go to Vegas on jets now because B-Rock says so!

Has Oprah broken with Obama on his assaults on wealth and class warfare. Probably not. She may have just had a mental lapse as to what the talking points are suppose to be. Or is it that Oprah is getting ready to give away a few jets on an upcoming episode. She has already given away cars so jets and yachts are the next level. She even helped KFC give away millions of free meals last week in one of the biggest chicken runs ever!

Marketers know that Oprah has the Midas Touch when it comes to public opinion and perception. If you want your book to sell, your product to sell or your idea to become mainstream, get it in front of Oprah and her producers and have it lauded on her program. Presto, chango, abracadabra....instant success. Even for frauds like James Frey and Herman Rosenblat.

Now I have no axe to grind with Oprah. I actually like her even though I don't like her politics. I just thought that it is odd that she would get off the plantation with Obama and his assault on wealth and success. I guess if you support him its o.k. to have wealth. And if you don't your wealth came by way of greed and corruption not by hard work and determination and you are not entitled to it.

I want to be in the audience when Oprah gives away a jet or a nice home!

These are my words! Please post yours!

Monday, March 23, 2009

A Letter From Da Boss...

...to those employees that do not understand who created and own the job that they currently hold.

To All My Valued Employees;

There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn't pose a threat to your job. What does threaten your job however, is the changing political landscape in this country.

However, let me tell you some little tidbits of fact which might help you decide what is in your best interests.

First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every business owner there is a back story. This back story is often neglected and overshadowed by what you see and hear. Sure, you see me park my Mercedes outside. You've seen my big home at last years Christmas party. I'm sure; all these flashy icons of luxury conjure up some idealized thoughts about my life.

However, what you don't see is the back story.

I started this company 28 years ago. At that time, I lived in a 300 square foot studio apartment for 3 years. My entire living apartment was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you.

My diet consisted of Ramen Pride noodles because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a defective transmission. I didn't have time to date. Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business -- hard work, discipline, and sacrifice.

Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting the Nordstrom's for the latest hot fashion item, I was trolling through the Goodwill store extracting any clothing item that didn't look like it was birthed in the 70's. My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into a business with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had.

So, while you physically arrive at the office at 9am, mentally check in at about noon, and then leave at 5pm, I don't. There is no "off" button for me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have the freedom. I eat, and breathe this company every minute of the day. There is no rest. There is no weekend. There is no happy hour. Every day this business is attached to my hip like a 1 year old special-needs child. You, of course, only see the fruits of that garden -- the nice house, the Mercedes, the vacations... You never realize the back story and the sacrifices I've made.

Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have to bail-out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed a decade of my life for.

Yes, business ownership has is benefits but the price I've paid is steep and not without wounds.

Unfortunately, the cost of running this business, and employing you, is starting to eclipse the threshold of marginal benefit and let me tell you why:

I am being taxed to death and the government thinks I don't pay enough. I have state taxes, federal taxes, property taxes, sales and use taxes, payroll taxes, workers compensation taxes and unemployment taxes,
Taxes on taxes. I have to hire a tax man to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations and all the accounting that goes with it, now occupy most of my time. On Oct 15th, I wrote a check to the US Treasury for $288,000 for quarterly taxes. You know what my "stimulus" check was? Zero! Nada! Zilch!

The question I have is this: Who is stimulating the economy? Me, the guy who has provided 14 people good paying jobs and serves over 2,200,000 people per year with a flourishing business? Or, is it the single mother sitting at home pregnant with her fourth child waiting for her next welfare check? Obviously, government feels the latter is the economic stimulus of this country.

The fact is, if I deducted 50% of your paycheck you'd quit and you wouldn't work here. I mean, why should you? That's nuts. Who wants to get rewarded only 50% of their hard work? Well, I agree which is why your job is in jeopardy.

Here is what many of you don't understand ... to stimulate the economy you need to stimulate what runs the economy. Had suddenly government mandated to me that I didn't need to pay taxes, guess what? Instead of depositing that $288,000 into the Washington black-hole, I would have spent it, hired more employees, and generated substantial economic growth. My employees would have enjoyed the wealth of that tax cut in the form of promotions and better salaries. But you can forget it now.

When you have a comatose man on the verge of death, you don't defibrillate and shock his thumb thinking that will bring him back to life, do you? Or, do you defibrillate his heart? Business is at the heart of America and always has been. To restart it, you must stimulate it, not kill it. Suddenly, the power brokers in Washington believe the poor of America are the essential drivers of the American economic engine. Nothing could be further from the truth and this is the type of change you can keep.

So where am I going with all this?

It's quite simple.

If any new taxes are levied on me, or my company, my reaction will be swift and simple. I fire you. I fire your co-workers. You can then plead with the government to pay for your mortgage, your SUV, and your child's future. Frankly, it isn't my problem any more.

Then, I will close this company down, move to another country, and retire. You see, I'm done. I'm done with a country that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, will be my citizenship.

If you lose your job, it won't be at the hands of the economy; it will be at the hands of a political hurricane that swept through this country, steamrolled the constitution, and will have changed its landscape forever. If that happens, you can find me sitting on a beach, retired, and with no employees to worry about....

Signed,

Your boss

These are not my words. But they are my sentiments. I have posted it as a response to the continued attack on those who create jobs in this country but are being told by our representatives and other wealth envy citizens that they do not pay enough and are too "greedy". Our government does not create jobs and cannot create 4.1M, 3.0M or 2.5M whatever number Obama thinks he can create in jobs. Government creates taxes and that is all. The federal government is the largest employer in the country with 1.8 million bureaucrats not including the quasi government postal service. So if getting a federal job is your goal then you can get a government created job.

Please post your words before it is too late!