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Originally posted by woodwardjnr
reply to post by thedoctorswife
huge waste of time and money
Originally posted by mnemeth1
Originally posted by woodwardjnr
reply to post by mnemeth1
I just dont like seeing bad business being rewarded.
The point of the show is that the market does not reward bad businesses.
Originally posted by mnemeth1
Originally posted by woodwardjnr
reply to post by thedoctorswife
huge waste of time and money
Was it?
How much do you think Ramsay made on TV advertising for that show in comparison to how much he lost rebuilding the restaurant?
I'll bet Ramsay came out ahead.
Originally posted by mnemeth1
Originally posted by Paschar0
I'm a fan of his shows too, but he digs in on people a little too much sometimes for my taste, but hey, it's theatre so I get it. I think everyone could use a real dose of honesty once in a while.
That said, I just don't understand how people can be ALL for government oversight or ALL for private sector, isn't it obvious that either extreme results in disaster. SOME regulation is good, yes some government is good. I believe in responsible social programs and also in hard work and not being lazy.
But what I'm NOT for is giving away all our money to the god damned banks and then turning your sights on the little guy to pay up now that the money is gone. Know what else, how about if you're wealthy, fair or not, you pay A LITTLE more for a while, you know, like the "temporary tax cuts" were supposed to be about in the first place.
The truth is our whole system is beyond repair, both politically and financially, it's only a matter of time now because we're NEVER paying back all those trillions.
Either we go belly up on our own, a comet hits us, aliens land in golden cigar shaped spaceships piloted by reptilian Scientologists or whatever else but one thing I know for sure, life as we know it is headed for one hell of big change, I'm almost rooting for the comet :-)
The reason why I am against all government regulation (which are preventative laws, not real laws like laws against fraud for example) is because regulations create artificial barriers to market entry.
Consider:
A business has to get a permit before they can sell anything, this costs money.
A business has to get permission from the zoning board before they can sell anything, this costs money and might prevent them from opening entirely.
A business has to comply with all the accounting regulations, this costs money and creates additional overhead that a business might not need in order to operate successfully. These laws do nothing to prevent fraud, which is illegal anyways without any need for additional regulations on business operations.
A business has to comply with all the various tax laws, which again creates additional overhead.
A business has to comply with all the signage laws, which may prevent the business from marketing its services properly.
etc.. etc.. etc..
Regulations are always lobbied for by the existing industry itself (hence all the lobbyists) in order to create large barriers to market entry.
Originally posted by thedoctorswife
Originally posted by woodwardjnr
reply to post by mnemeth1
But at the end of each show, all I think is what a waste, waste all that time and effort on people who dont really deserve the help. I'd have much more respect if Ramsey was helping new ventures get off the ground, not propping up failing business's. Thats what the US Governments for.
Yeah like Jamie Oliver and his FIfteen restaurants, and the work hes done in American schools. As ive said before and i will continue to say it again and again, Jamie Oliver deserves to be a Knight.
Originally posted by Paschar0
PS: Watched Hell's Kitchen last night and I used to really enjoy it, but now it seems to be going full on "Springer" with the "cast". Just seems there going for drama over talent, can't imagine paying any of them $250,000 a year frankly.