The Down Range Forum
Member Section => Down Range Cafe => Topic started by: TAB on July 11, 2012, 12:53:33 AM
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The bk is offical as of today. All assets have been liquidated. Its kind of funny, while I am sad to see it go, I am also very glad I am done with the bs. I guess I need to go get a job or something now.
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Tab, sorry to hear this. Although you've been absent a bit, a few of the things you have posted indicated you were still in the game. Care to share some of what happened? If not, that's OK, curious more than anything else.
Good luck on the job front, esp. in kalifornia. Of course, with a hot Doctor wife, you could just be a house husband! ;D
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Don't laugh. I've been a stay-at-home dad with a young child. It's not easy.
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Hey TAB, sorry to hear you packed it in, but we all do sooner or later. I was at a thing where a few of us ex builders were there, and one guy who was still in biz. We were razzing him for still beating his head against the wall.
Look into field work for architects and engineers and/or spec writing. That's where I went after biz and it has worked out pretty well.
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Has to be tough, TAB.
From what I've seen, I suspect you will be back at something from another angle in due time.
Good time to catch your breath, enjoy your young one more than usual, and scope out what might work for you.
Take care.
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TAB, the 3 secrets to success in business is "Location, Location, Location".
You're in California.
This is the 2nd time you've been killed by excessive taxation and over regulation, rather than poor work or bad management.
Just saying.
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Tom, it had nothing to do with taxes. A state agency said we needed to be lic thru them. Only none of thier lics covered what we actually did. The ones they wanted us to pull would have actually been crimes to use in the maner we operated. we would have won in court, but it would have taken years. look at the "did you miss me thread" for some more details. as to my construction company. I closed that by choice. The money was there, just not worth the head ache to get it.
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That was my point TAB, in other states you would face at least some what less meddling by State employees who don't know what they are talking about.
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Best of luck TAB, at least your not a San Bernadino, or Stockton, or Mammoth Lakes city employee, seems to be spreading pretty quickly out there.
Hey but Gov. Moonbeam ok'd the high speed rail, that will make it all better i'm sure....
any other states interest you? Although I like the house-husband idea... ::)
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My Father-in-law closed his high end lumber operation just over a year ago. He had a great niche product and owned the only radio freq kilns in North America (the company that built them went bankrupt and he bought the rights) over a hundred people lost their jobs too. He tried working with the banks to get the operating capital until construction picked back up. No dice and it went into receivership, I think they saw million dollar kilns and a big pay day but they forgot the economic situation that put my FIL in their office was the same one they were going to make a quick buck in-NOT!
Join the club of those of us looking for work, I am fortunate enough to still have a job but I'm hoping to be at a new job soon.
Good luck!
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It is not an easy road.
I got out of business in 1993 and have mixed feelings looking back. It was very hard for years and I did fine. I still have dreams about it. I had put a great deal of effort into making the business sound. My successors ran the operation into the ground in a year. Looking back, I wonder what I could have done differently.
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You're going to just LOVE this.
http://blog.heritage.org/2012/07/16/morning-bell-obama-tells-entrepreneurs-you-didnt-build-your-business/?roi=echo3-12563332005-9161355-f9e986a5b0716e1b403f5bb4525e6f17&utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell
Obama Tells Entrepreneurs “You Didn’t Build” Your Business
That sound you hear is silence—as millions of small business owners and entrepreneurs were left speechless this weekend from President Obama’s latest insult.
The slap in the face to hard-working Americans conveyed Obama’s belief that it takes a village—a heavily subsidized village—to create that venture you’re profiting from:
Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business—you didn’t build that. Somebody else made that happen.
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Obama pushed his policy goals of infrastructure (aka stimulus) spending and “government research” as part of a collectivist utopia “doing things together.” It’s simply stunning that he would tell Americans, “If you’ve got a business—you didn’t build that.”
After all, could individuals be resourceful and hard-working enough to create whole new enterprises? Obama said:
Look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart.
It is this view of successful businesses—essentially, “You owe us”—that drives Obama’s continued attacks on the country’s job creators in the form of tax hikes and regulations.
It’s a tough time to be a business owner and entrepreneur in America. Surveys show small business owners are struggling, and they are not expanding or hiring because of tax and regulatory uncertainty. Federal agencies, from Health and Human Services to the Environmental Protection Agency, are regulating them to death. And just last week, President Obama announced his latest economic plan was to hit job creators with a tax increase.
The President’s plan to raise taxes on earnings above $200,000 ($250,000 for joint filers) would hit 1.2 million small-business employers who pay their taxes through the individual income tax, known as flow-through businesses. These businesses that are creating jobs earn almost all—91 percent—of the income earned by flow-through employer-businesses.
The new tax increase could be equivalent to one employee per small business. According to calculations by The Heritage Foundation’s Center for Data Analysis, the average American with $250,000 or more in income can expect an average $24,888 tax increase next year under Obama’s proposed policies. That $24,888 figure is often enough for a salary. So the President could be putting about 1.2 million jobs—perhaps even more—at risk with this tax hike.
Hitting private job creators while advocating more stimulus spending and government jobs. That’s the President’s plan for the economy.
Meanwhile, businesses large and small suffer from the highest corporate tax rate in the developed world. This has long made the U.S. an uncompetitive place for new investment and has driven new jobs to other, more competitive nations, meaning fewer jobs and lower wages for all Americans.
If the U.S. is to see economic recovery, we must encourage entrepreneurship. Stopping the biggest tax increase in American history, Taxmageddon, would be a good place to start. It’s a $494 billion tax hike set to hit on January 1, when a number of tax policies expire and just a few of Obamacare’s new taxes kick in. Businesses are already hesitating on hiring decisions because of the impending effects of these taxes.
Democratic leaders are demanding tax hikes, however, and threatening to allow Taxmageddon for the sake of politics—despite warnings that it would send the U.S. back into recession.
Real recovery will take even more than saving job creators from punishing taxes and regulations. It requires leadership that appreciates and values the long hours that America’s business builders put in and the personal sacrifices they make for their dreams. It will take leaders who say, “If you’ve got a business—you built that. And we want more of that in America.”
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OMG
Obama
Must
Go
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That statement may just be the nail in this asshats coffin! Problem is, I've seen only one station reporting on the story!
Same thing with the Romney/NAACP speech! They only reported the boos about stopping Obamacare, they didn't report the 17 pauses in the speech for applause or the standing ovation at the end for Romney! Bait and switch, report only what suits your agenda and draw the curtain!
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Even with all the blogs I follow I did not hear about the cheers and Standing ovation until my Dad mentioned it yesterday.
The only boo's came when he talked about repealing Obamacare.
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He's got the whole thing backwards
The Government didn't do ANYTHING on it's own. It doesn't have a nickle it didn't take from the taxpayers.....well, maybe some on import duties...but the tax payers end up paying a higher price for those goods too.
And I have no doubt that the private sector could do what the Government did build at a cheaper price.
No, businesses weren't built to success because of government intrusion but in spite of it.
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Yeah, becuase things likebusting your ass, having a great product/rep, giving things up, being smart, using your condacts and plain getting lucky have nothing to do with be succesful.
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Well, it's all that infrastructure that the government provided free for your business that did all the work...
I have a question though. I see a lot of empty store fronts with massive amounts of infrastructure just swarming all around them and, somehow, none of them seem to be growing very successful. Maybe if we had a few government workers hang out there and some welfare folks, things would improve?
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The A Hole in Chief got it exactly backwards, just as communists always do.
That "infrastructure" was built on the backs of the people like TAB, who used to run those empty business's until taxation and regulation eliminated any profit and forced them out of business.
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Well, it's all that infrastructure that the government provided free for your business that did all the work...
I have a question though. I see a lot of empty store fronts with massive amounts of infrastructure just swarming all around them and, somehow, none of them seem to be growing very successful. Maybe if we had a few government workers hang out there and some welfare folks, things would improve?
The other day I was driving through the town I lived in here in MA for over ten years. Back then, there was a small strip mall with the USPO, a diner, liquor store, antique shop, barber shop, bagel shop and a local bank branch offices. In 2005 or 2006, a super Wally World was built and today, there is a huge sign marking the "America Recovery Act" that shows the seven miles of asphalt and guard rail that was installed in front of that strip mall all the way to RI.
What's left in the strip mall? A bank and a post office....
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Obama draws on his own experience. The government and the people who control the government he is familiar with (Chicago) made him what he is today without any effort on his own behalf. OF COURSE he would think that's how it works for every business. How dare people think that their own efforts could result in anything more than what the government does for them.
This guy is such an incredible piece of crap. He's a friggin' clown.
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He and his wife have been drawing subsidized paychecks their entire working life, either by Foundations or the Gov.
How are they any different than some one who has been on welfare their whole life ?
What have either of them ever "produced", (other than Michelle's "Patient dumping scam that almost cost UCMC it's medicare accreditation )
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I was under the impression that MO made 300K a year and never set foot in the hospital!
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The A Hole in Chief got it exactly backwards, just as communists always do.
That "infrastructure" was built on the backs of the people like TAB, who used to run those empty business's until taxation and regulation eliminated any profit and forced them out of business.
bho got NOTHING backwards. This is how he and his handlers think - the .gov uber alles! They are intentionally, specifically and openly putting the .gov above everyone and everything else, including the US Constitution.
By thinking they have things backwards you are simply playing into their hands, and playing their game. They have successfully sidetracked you into saying things like this, instead of figuring out how to counter-attack their attacks. Typical leftoid action - control the conversation. We have to change the conversation if we have any hope of winning.
What we will probably end up having to do is massive and widespread civil disobedience to force the .gov's hands in becoming more brutal, and (hopefully) turning more people against them. Plus we need to figure out how to hold people like newspaper and TV news editors accountable for their lies and complicity.
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bho got NOTHING backwards. This is how he and his handlers think - the .gov uber alles! They are intentionally, specifically and openly putting the .gov above everyone and everything else, including the US Constitution.
By thinking they have things backwards you are simply playing into their hands, and playing their game. They have successfully sidetracked you into saying things like this, instead of figuring out how to counter-attack their attacks. Typical leftoid action - control the conversation. We have to change the conversation if we have any hope of winning.
What we will probably end up having to do is massive and widespread civil disobedience to force the .gov's hands in becoming more brutal, and (hopefully) turning more people against them. Plus we need to figure out how to hold people like newspaper and TV news editors accountable for their lies and complicity.
It's called "rebellion" and I have been recommending it for quite some time, because the communist infiltration that masquerades as the "democratic party" has become to entrenched, and has been allowed for to long to subvert a previously Patriotic population.