http://www.huffingtonpost.com/entry/people-have-turned-on-gravity-payments-ceo-dan-price_55c0ce33e4b06f8bedb5f32f

yeah... this prolly sounded good in theory but its not working out that well in practice.

His brother is suing him because he gave away all the profits and now the margin of error is slim to none. New clients have signed on but not nearly enough to cover the cost of doing business. He lost employees because they were upset and felt they were undervalued. They were accused of being selfish and jealous. He also lost clients because they feared Gravity would increase charges to make up for the shortfall.


Now he is selling assets and renting because he is BROKE. So to my OKP bredren who say if you can't afford to pay employees then you can't afford to be in business...well, when you can't afford to be in business what happens to those employees? They go to work for someone who won't pay 70K for you to punch in.

This is why $15 an hour for flipping burgers is laughable. Sure, maybe it works in SF and NYC but in ATL or Kansas City? FOH... they will slash the workforce.

http://thinkprogress.org/economy/2015/10/26/3715988/gravity-payments-revenue/
http://www.mtv.com/news/2360580/gravity-payments-wage-dan-price/

DONT GIVE ME THE WHITE MAN LIES.

EVERYONE KNOWS POOR PEOPLE NEED TO BE ROUNDED UP, SHOT & RAPED

for the left

made up narratives, truth optional

I wouldn't cite that source for anything but laughter

http://www.inc.com/magazine/201511/paul-keegan/does-more-pay-mean-more-growth.html

http://fortune.com/2015/10/27/company-that-promised-70000-minimum-wage-reaps-rewards/

WHY DO YOU GUYS HATE POOR PEOPLE, LEGSDIAMOND?

http://img.pandawhale.com/81926-modern-family-close-laptop-gif-5Yo6.gif

Like, I had an epithany on the train this morning; while the modern conservative movement has married itself to the religious right, ultimately their tenants lie more with satanism then any sort of christianity. Not the 'worship satan' type, but the athiest levey "focus on personal gratification first" since the byline feels to be 'get mine, fuck everyone else' no matter how compassionate they want to come off to be.

new word

.

and don't subscribe to the Libertarian view of every man for himself. It serves me to treat those around me with respect, and care about my fellow man (even if I don't know him).

Soo.....NOPE. Try again, with your 'epithanies'.

>and don't subscribe to the Libertarian view of every man for
>himself. It serves me to treat those around me with respect,
>and care about my fellow man (even if I don't know him).
>
>Soo.....NOPE. Try again, with your 'epithanies'.

1)EPIPHANY
2)ALL I AM SAYING IS THAT THERE'S A FUNDAMENTAL DIFFERENCE BETWEEN WHAT PEOPLE THINK SATANISM IS (VOODOO SPELLS) AND WHAT MOST PEOPLE MEAN WHEN THEY SAY THEY ARE SATANISTS. I THREW IN THE ATHEIST PART TO CLARIFY MOST SATANISTS DON'T ACTUALLY BELIEVE IN SATAN, NOT TO SAY THAT ATHEISTS ARE ALL SELF SERVING OR SATANISTS THEMSELVES

lol.

> but the athiest levey "

most atheists are also very concerned about our humanity to others.
we are more likely to support gravity than the religious nutcases are
so uhm no.
these fools on they own
dont even think the satanists would want them

He's explaining which type of Satanists he's referring to. The Church of Satan is largely atheist.

>He's explaining which type of Satanists he's referring to.
>The Church of Satan is largely atheist.

I personally waver between atheist/agnostic..but the second you bring up satanist people start thinking ritual sacrifices and spells so I felt I had to clarify

http://duckofminerva.dreamhosters.com/wp-content/uploads/2013/08/egg1.jpg

http://stream1.gifsoup.com/view4/4281760/egg-to-face-o.gif

http://fortune.com/2015/10/27/company-that-promised-70000-minimum-wage-reaps-rewards/


**********
"Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson

Movies I need y'all bastids to see so we can discuss:

Five Star - https://goo.gl/jBHbVv
Appropriate Behavior - http://goo.gl/isCzTM
Ma

I did know research... just ran to the board to try and get shit popping...

too early, shoulda had a second cup of coffee and dig for more info.

oh well, I'm sending them my resume.

A lot of the stuff you posted isn't even in the article


New clients not enough to cover costs: Not in the article
Selling assets and renting: Not in the article

http://money.cnn.com/2015/10/27/news/companies/pay-raise-ceo/

what argument could they have had?
they aren't even trying be sly about their motives anymore

that they're looking out for small business owners, and future small business owners so they can compete.

and since a lot of mom and pops do struggle and go under, it's an easier sell for republicans. Your biz is failing because high taxes, regulations, and the govt trying to take more of you money and give it to lazy takers.

Of course small businesses aren't where anyone's bread is buttered, and they actually could give a fuck about them, except to help their narrative, but as long as they can sell it, this will continue to be the strategy.

I'm sure Walmart can handle it too

McDonald's would have to raise prices somewhere between 13-20%to raise their margins. Twenty piece McNuggets go up a buck.

their profits

that's kinda the point of the whole debate

their profits can cover the raise

....which includes paying your employees.

You are basically asking rich mofo's to voluntarily make way less money, which in America, doesn't fly.

CEO's get fired everyday for profit margins dipping a few points, you think McD's board and shareholders are just gonna take one for the team?

Not gonna happen.
______________________________________________________________________________

cscpov.blogspot.com

"There's a fine line between persistence and foolishness..."
-unknown

"To Each His Reach"

They'r ptobably sell more because poor people would have more disposable income. People think McDonalda and Wal-Mart's prices would have to double in order for them to pay $15/hr, rendering the raises effectively null, but it's nonsense.

profit margins are prolly in the 5% range

And when we're talking about a 100% increase in wages, a 20
cent price hike on the mcdouble seems like a no-brainier. 

they aren't that high imo
iirc they don't have alot of those $1 menu type offerings though
so maybe places like mcd's need to keep wages low since xx% of their orders are probably low margin items

.

they were floored that junk food was cheap while the healthy shit was expensive.

for them it was lawyas the opposite

and $5 today

wendys nuggets like 5 for 1.19 or some shit.

SMH

... So how is he going broke?

This was actually a really smart move as the goodwill generated from this story apparently had a huge impact on business. Can't wait to see the annual report where we find out the quantifiable impact of this incredibly generous leap of faith.

Oh

I admitted my mistake in #15..



3 years ago.

https://www.kiro7.com/news/local/gravity-payments-ceo-dan-price-charged-with-sexual-assault-amid-ongoing-felony-rape-investigation/L3M5BURYVFAS5KZFZWIX5LSX5A/

this has been way too long coming, hopefully he sees consequences

www.engadgethd.com - the other stuff i'm looking at