Liberals Don't Get Business - Get Rid of MPR

In order to be a viable business, every business must turn a profit. This applies to Chesapeake Energy Corporation and every other business. With no gross profit, there is no way to cover operation expenses like the cost of operating and maintaining the equipment and the guys needed to run it.  With no net profit, there is no reason for accepting the huge risk that running any business brings.  This is a ridiculously simple concept.  Liberals (who like to get everything free and believe that money grows on trees), just can't understand this.  You have to pay for a businesses equipment and all of its operating expenses to drill a hole for gas and that can only come with profits.   Sure, we could all work together like a big commune, where everybody is equal and working to help each other.  That would define the Utopian world that Karl Marx dreamed of - we are all equal, we all work together, we are all happy.  Karl forgot about the lazy slackers who like smokin' dope better than working and the greedy power mongers who love material possessions and power.  Slackers and power mongers permeate our real world.  Until they are eradicated, there will be no Utopia.  Anybody should know that Greed and Sloth have been around since we were amoebas.  Marx was a fool.

With that in mind, Chesapeake Energy Corp. is now cutting their natural gas drilling.  The cost of natural gas has fallen so much, that it is no longer profitable to drill.  As a result of less drilling, the price of gas should go back up as supplies become depleted.   Liberals are most likely reeling at this notion that the evil energy corporation is going to stop production because they can't make a profit.  This must be where the notion that "profit is evil" comes from. Why wouldn't we want the energy to be a cheap as possible?  Well, we do.  But the evil energy corporations have to make a profit and they are unwilling to work until they burn through all their cash and die.  So, they are cutting production.

And why is that, the liberal enquiring mind wants to know?  Well, look at the cost of everything else.  The price of everything else is remaining the same but the cost of gas is falling.  If the energy corporation would continue drilling and driving down the cost of energy, they would need to cut costs.  The most expensive costs are usually the employee wages.  So, cut the employee wages. That makes sense.  The question is, does the cost of living go down for those employees?  No, everything stays the same for them, but they would make less money with a cut.  So, how long will they stay with the energy corporation  with decreasing pay?  ONly until something better comes around.   Any simpleton should be able to see where this is going.  Nobody can operate at a loss and the profits must acceptably cover the risk involved with investors.   So, the energy company chooses to stop drilling and exploration until prices come back up.  People will be laid off until that time that it becomes acceptably profitable to cover the risk of those who put up the money to drill.  The company is unwilling to operate at a loss which is understandable to sane thinkers. It sounds cruel, but if the company goes belly up, many more will be unemployed than those laid off for the shutdown.   http://news.yahoo.com/chesapeake-cut-natural-gas-production-133825803.html

The reason the Curmudgeon brings this up is because he (gaggggg) listened to Minnesota Public Radio.  Many Minneapolitans listen religiously to this drivel.  And, it was world-class drivel.  It amazes the Curmudgeon as to how little the world understands about business.  Cost of overhead, cost of inventory, time,  cost of financing, etc. verses the price of the items or service provided.  Very few people understand this.

The topic on MPR was Doctors for Dollars and there was an intellectual fairy man talking in great detail with some power-woman about medical doctors charging for services and Medicare scams, etc.  The Curmudgeon could only take so much of the effeminate intellectual male (?) expert (?) going on and on about some medical test that he subjected himself to with a surgically embedded monitor.  His big petunia-like gripe was that the company who designed this monitor system (records heart rate, BP, EKG, brain waves and forecasts the weather, etc.) AND his doctor are privy to the data, but he was not.  He felt that HE was the most important reader of the data even if he admitted that he may not know how to interpret it. He actually said this nonsense on the radio and the woman agreed with him!  Just because one can look at WebMD.com does NOT a physician make!   The Curmudgeon was listening to this liberal fairy wanting to "try" to review the bits of data collected even though he admitted he hasn't a clue as to what any of it means.  But he whined that "at least he should be able to try."   Any idiot should conclude that such data would most likely be best interpreted by his doctor and the evil corporation who built this wondrous data collector.   Maybe they could use this data to possibly save this fairy's life were it actually in medical peril.  Remember, he volunteered to have this device surgically implanted into his soft, intellectual body.   The woman was agreeing with his arguments - as if one could call them that.  People such as this and radio stations like MPR are why we have Obamacare looming over our heads.  Pseudo pscientists are psilly phools.

After tuning out the idiots for a bit, the woman started in on how much medical doctors get paid with the implication that they are ripping everybody off.  The Curmudgeon's ears perked up.  With disgust in her intellectual voice,  she spoke of a doctor whom she interviewed and found out that he earned $200,000 over an 18 month period.  The tone in her voice implied that he was grossly overpaid for his efforts and services. (That's a lot of money for the mere equivalent of a cabby or shoeshine boy!)  She reported that the doctor said he was essentially working for minimum wage at that level.  Well, the intellectual woman's disgust level climbed a notch as she stated that she and her staff ran the minimum wage rate through 18 months of 40 hour weeks and it was nowhere near what the evil doctor was taking for compensation.

At this point, the Curmudgeon was yelling at the radio about how hard it is to live in a state where the intellectuals are so friggin' dumb and disingenuous.  Surely, that woman can't be so stupid to not take into account the unmentioned, but ever-present, overhead costs of a medical doctor!  She sure as heck forgot to mention that in her distorted discussion.

There's a good chance that the doctor is probably coughing up $100,000 in insurance policy premiums needed to keep Minnesota's medical geniuses like the fairy with the monitor from suing him after they screw themselves up by doing dumb things only to blame the doctor for problems they caused.  There's nothing like mixing your own voodoo medicine in with a real prescription from an MD.  (Sure, that all natural drug won't adversely interact at ALL! It's natural and made with love - not by an evil corporation!  Don't tell the doctor you are taking it so he has a REALLY tough time figuring out why you keep breaking out into hives.)  Suing any doctor for the problem you cause is fine.  All doctors have deep pockets, you know.

So, his liability insurance cuts his gross income down to $100,000 for 18 months of work right off the top.  Then, he puts in 80 hours a week, not 40 like any minimum wage earner would do.  Then, the monitor fairy chimed in that the doctor probably doesn't get to spend much time with his family, but that didn't seem to take hold with either of the two MPR intellectuals, even after they brought it up. They STILL signified that his pay for 18 months was completely over the top by their Marxist standards.   On top of that, extract $30,000 per year to cover loans for his extensive medical school loans plus mandatory continuing education to maintain his medical license.  That leaves $70,000 for those 18 months..

So, $70,000 divided by 5760 hours gets you $12.15 cent per hour.  Take out all the social security, workers comp, and income tax and sure the evil doctor is STILL earning more than than minimum wage.  That lucky bastard.  And we all know that despite his education, commitment, and risk of contracting a deadly communicable disease, he should not earn more than a pot-scrubber at the local Greasy Spoon.    The Curmudgeon is well aware of how much time his own personal physician puts in and the Curmudgeon knows a thing or two about working for peanuts, himself.  Liberals assume that if you own a business, you are a millionaire guaranteed.  They are a laughable bunch of intellectuals.

So, the Minneapolis liberals  were again spouting off in an attempt to incite more stupid intellectuals to call for adding new medical laws, regulations and red tape by omitting many key details while only providing "buzz phrases".  The Curmudgeon firmly believes that the arrogant and self-important Minnesota Public Radio should be shut down for good.  You sure as heck can't call that journalism with only part of the story being told.

And no, most locals in Ely do NOT listen to Garrison Keillor.  He is neither funny nor enthralling unless you are from Minneapolis and in love with romantic notions and Thespian dialogue.  But hey, he's an intellectual.  To listen is to be, or so they think.

CC