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Topic: Switzerland to vote on $2,800 monthly ‘basic income’ for adults - page 3. (Read 8028 times)

member
Activity: 182
Merit: 10

Strange you all presume the only reason people work is because they have to.

If that were true nobody would be running the world anyway. You make 10 million a year you know what you do? You get up early every morning and go to work.

Seems the confusion is believing people should either work somewhere they hate or starve to death.

Really this whole argument is about dishwashers and status. You want someone to wash your dishes and not get paid shit for it. So you need a starving class. If they all make 2,800 a month they won't wash the dishes for 8 bucks an hour.

I think it is too high but aside from that it's the right way to go. People will still work, they just won't have to, make a better world for sure. And don't tell me about the budget/allocation whatever all the money is fake anyway.

Bitcoin excepted.
newbie
Activity: 28
Merit: 0
See this. Absolute madness. If someone gets $2,800 pm for free without doing any work, then how many adults will actually work for a living? In effect this is punishing hard working people, while rewarding the welfare kings and queens.

Hard working people should be punished for wasting their lives doing pointless meaningless work and wasting their one chance of existence.
People who manage to escape such as system should be rewarded for making the intellectual leap and realizing that all work is pointless.

Work is wasted life. We're not donkeys.


Totally agree with this.
Let's all stop working cause this defies evolution , we're not animals.
I wonder how the world will look after one year with nobody working , this is , if we still have a world and a planet left , and somebody to tell the story.

He's obviously stretching it too far, but let me put this another way: if you were to receive those $2800, would you be happy just sitting in your couch, doing nothing else for the rest of your life?

I'm better paid than any of my friends , and I don't make more than 2500$.
And no , I wouldn't sit all day on my couch , I wouldn't spend some time in my bed  , in the chair at the desk where I have my computer , and some on the toilet seat.
legendary
Activity: 3766
Merit: 1217
Totally agree with this.
Let's all stop working cause this defies evolution , we're not animals.
I wonder how the world will look after one year with nobody working , this is , if we still have a world and a planet left , and somebody to tell the story.

Hahaha... at least it will be good for our planet.  Grin

He's obviously stretching it too far, but let me put this another way: if you were to receive those $2800, would you be happy just sitting in your couch, doing nothing else for the rest of your life?

I am sure that if everyone if being given $2.8K for free, 99.99% of them will not work even for one second.
legendary
Activity: 2562
Merit: 1071
See this. Absolute madness. If someone gets $2,800 pm for free without doing any work, then how many adults will actually work for a living? In effect this is punishing hard working people, while rewarding the welfare kings and queens.

Hard working people should be punished for wasting their lives doing pointless meaningless work and wasting their one chance of existence.
People who manage to escape such as system should be rewarded for making the intellectual leap and realizing that all work is pointless.

Work is wasted life. We're not donkeys.


Totally agree with this.
Let's all stop working cause this defies evolution , we're not animals.
I wonder how the world will look after one year with nobody working , this is , if we still have a world and a planet left , and somebody to tell the story.

He's obviously stretching it too far, but let me put this another way: if you were to receive those $2800, would you be happy just sitting in your couch, doing nothing else for the rest of your life?
newbie
Activity: 28
Merit: 0
See this. Absolute madness. If someone gets $2,800 pm for free without doing any work, then how many adults will actually work for a living? In effect this is punishing hard working people, while rewarding the welfare kings and queens.

Hard working people should be punished for wasting their lives doing pointless meaningless work and wasting their one chance of existence.
People who manage to escape such as system should be rewarded for making the intellectual leap and realizing that all work is pointless.

Work is wasted life. We're not donkeys.



Totally agree with this.
Let's all stop working cause this defies evolution , we're not animals.
I wonder how the world will look after one year with nobody working , this is , if we still have a world and a planet left , and somebody to tell the story.
hero member
Activity: 955
Merit: 1002
See this. Absolute madness. If someone gets $2,800 pm for free without doing any work, then how many adults will actually work for a living? In effect this is punishing hard working people, while rewarding the welfare kings and queens.

Hard working people should be punished for wasting their lives doing pointless meaningless work and wasting their one chance of existence.
People who manage to escape such as system should be rewarded for making the intellectual leap and realizing that all work is pointless.

Work is wasted life. We're not donkeys.

legendary
Activity: 3766
Merit: 1217
First you stop the madness and stop the printing out of unlimited quantities.
Second, as the National Bank belongs in part to the cantons, this huge pile of Euros gets distributed to the Cantons to get rid of all this debt they have.

Sadly no one will support you.  Huh

I just watched Atlas Shrugged for the 5th time. This thread and its main contributors are resembling the film and its characters ever more closely.  Grin
hero member
Activity: 609
Merit: 501
peace
They couldn't find any solution's at that time.
They basically had to sell CHF in order to give their exports time to breathe.
Because of the danger of having your exports killed by some panicking morons buying CHF they had no solution but to print more at sell them to the monkeys.
Now , the problem is , how you go back on this ?
Any thoughts on this?
First you stop the madness and stop the printing out of unlimited quantities.
Second, as the National Bank belongs in part to the cantons, this huge pile of Euros gets distributed to the Cantons to get rid of all this debt they have.
and/Or, these Euros be given to support the Exporting industries directly. (Rather than through some invisible mechanism with huge losses along the way through central bank dealings)The underlying fact being that the Euro system is not viable in the medium to long term, thus the strategy to deal with a short term high valued Swiss Franc needs to be short term as well, precisely not something that will plague the system long after the Euro is gone. Even with a higher exchange rate and after an adaptive phase with support in the meantime, certain products can no longer be produced and are swapped for more high value added processes, precisely something the Swiss have been known for in the past. In a world of continuous debasement, it would not hurt to be the example of another way.

The level of robbery is so big that pretty much anything else would have been better. Like the WTO 'saving' countries, it is the worst case scenario that is unfolding. So saying they had no solution but to print is extreme shortsightedness. And for all the crappy useless things we get to vote on all year round, we actually get a chance to vote on helping and supporting human beings directly for a measely 2'800 francs per month.

"That is where the "reserves" come from, out of thin air, to the banks, and you can't have any because it will make you lazy. But it makes the uberwealthy bankers uberproductive, because they are your betters. Lick boots and shut up about the welfare schemes."
newbie
Activity: 28
Merit: 0
The obvious comment is the source of payment, who will pay so much money !!
In my ideal conception, this one is very easily solved considering the roughly 480 Billion Euros accumulated by the Swiss National Bank in just a few years, with the grandiose illusion of maintaining a minimum exchange rate and bailing out the Euro and the more real reason of European solidarity and piling on debt on the Swiss economy. This is lost money in the near future anyway, so one could even consider just handing out Euros.

It is not that easy. The 480 billion Euros currently held by the Swiss bank is the amount accumulated over many decades. It won't be enough for 3 years of handouts. After that what they'll do?

Also, even if the Swiss bank offloads just one-third of its reserves, the Swiss Franc will collapse by 100% or 200%. (Right now 1 CHF = 1.1 USD, it can become 1 CHF = 0.4 or 0.5 USD).

Wrong. The reserves were mostly printed to sell against euros to break (intentionally collapse) the franc when it soared against the euro in 2010-11 as investors went to the last refuge of money printing madness. They pegged the franc to the euro and the only way they could do this was print francs and sell them til the simmentals came home.

This is the funny part. All the sheeple clamor over the mere notion of giving people money, meanwhile the banks give themselves shitloads of money "to stimulate the economy" and the sheeple don't even understand it let alone criticize it...

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/01/SNB%20Balance%20Sheet.jpg


That is where the "reserves" come from, out of thin air, to the banks, and you can't have any because it will make you lazy. But it makes the uberwealthy bankers uberproductive, because they are your betters. Lick boots and shut up about the welfare schemes.

They couldn't find any solution's at that time.
They basically had to sell CHF in order to give their exports time to breathe.
Because of the danger of having your exports killed by some panicking morons buying CHF they had no solution but to print more at sell them to the monkeys.
Now , the problem is , how you go back on this ?
Any thoughts on this?
newbie
Activity: 28
Merit: 0
Lets triple that amount to 2800:).
And add another 1 million foreigners that will dig their way through the Swiss Alps , get one time machine and in 10 years you're going to ask yourself:
"What the hell happened to Switzerland ! Smiley"

Some 500 million plus people with Schengen visas and you are saying that just 1 million will climb the Swiss Alps? I think we can be pretty sure of at least 2 million from Romania alone.

The monetary reserves will run out in 10-12 months. After that we can sell the Swiss Alps, peak by peak. Once that finishes, we can auction parts of the Lake Geneva.

It will take just the first million to crumple the Swiss budget.
They will wake up only in a few months.
Also , just one million hitting their towns , imagine the picture with people sleeping in tents in parks.
London has seen this on a much smaller scale , and London is almost the same population as Switzerland.
member
Activity: 182
Merit: 10
The obvious comment is the source of payment, who will pay so much money !!
In my ideal conception, this one is very easily solved considering the roughly 480 Billion Euros accumulated by the Swiss National Bank in just a few years, with the grandiose illusion of maintaining a minimum exchange rate and bailing out the Euro and the more real reason of European solidarity and piling on debt on the Swiss economy. This is lost money in the near future anyway, so one could even consider just handing out Euros.

It is not that easy. The 480 billion Euros currently held by the Swiss bank is the amount accumulated over many decades. It won't be enough for 3 years of handouts. After that what they'll do?

Also, even if the Swiss bank offloads just one-third of its reserves, the Swiss Franc will collapse by 100% or 200%. (Right now 1 CHF = 1.1 USD, it can become 1 CHF = 0.4 or 0.5 USD).

Wrong. The reserves were mostly printed to sell against euros to break (intentionally collapse) the franc when it soared against the euro in 2010-11 as investors went to the last refuge of money printing madness. They pegged the franc to the euro and the only way they could do this was print francs and sell them til the simmentals came home.

This is the funny part. All the sheeple clamor over the mere notion of giving people money, meanwhile the banks give themselves shitloads of money "to stimulate the economy" and the sheeple don't even understand it let alone criticize it...




That is where the "reserves" come from, out of thin air, to the banks, and you can't have any because it will make you lazy. But it makes the uberwealthy bankers uberproductive, because they are your betters. Lick boots and shut up about the welfare schemes.
legendary
Activity: 3766
Merit: 1217
Lets triple that amount to 2800:).
And add another 1 million foreigners that will dig their way through the Swiss Alps , get one time machine and in 10 years you're going to ask yourself:
"What the hell happened to Switzerland ! Smiley"

Some 500 million plus people with Schengen visas and you are saying that just 1 million will climb the Swiss Alps? I think we can be pretty sure of at least 2 million from Romania alone.

The monetary reserves will run out in 10-12 months. After that we can sell the Swiss Alps, peak by peak. Once that finishes, we can auction parts of the Lake Geneva.
member
Activity: 113
Merit: 10
Lets triple that amount to 2800:).
And add another 1 million foreigners that will dig their way through the Swiss Alps , get one time machine and in 10 years you're going to ask yourself:
"What the hell happened to Switzerland ! Smiley"

Some 500 million plus people with Schengen visas and you are saying that just 1 million will climb the Swiss Alps? I think we can be pretty sure of at least 2 million from Romania alone.

The monetary reserves will run out in 10-12 months. After that we can sell the Swiss Alps, peak by peak. Once that finishes, we can auction parts of the Lake Geneva.
newbie
Activity: 28
Merit: 0
Well, let's do some math:
75576 million CHF had been used for social security purposes in 2011.
If we divide this by 8 million people we get 9447 CHF per person per year.
That's 11035$ per year or 919$ per month.
Assuming that even children get the full amount.

Lets triple that amount to 2800:).
And add another 1 million foreigners that will dig their way through the Swiss Alps , get one time machine and in 10 years you're going to ask yourself:
"What the hell happened to Switzerland ! Smiley"
hero member
Activity: 675
Merit: 514
Well, let's do some math:
75576 million CHF had been used for social security purposes in 2011.
If we divide this by 8 million people we get 9447 CHF per person per year.
That's 11035$ per year or 919$ per month.
Assuming that even children get the full amount.
legendary
Activity: 3766
Merit: 1217
How do you figure that?  As of 2013, Switzerland's GDP is approximately $646 billion US Dollars. The $188B for the "handout" (which assumes everyone in the country gets the full amount, not just supplementing up to at least that level) would be 25.6% of that GDP.

Swiss GDP is heavily inflated by its backing sector as well as foreign firms, which can't be taxed. The total salary and other revenue for all Swiss residents add up to ~ $ 300 billion only. Of this amount, $120 billion is already taxed.

And you should also add into equation that there will be a halving of Switzerland population once this goes through.
There are enough countries out there with nice mountains snow and chocolate without stupid taxes in which you can move.

Yes. Typical Atlas Shrugged situation. Hard working people will move out, leaving only the lazy and stupid. The welfare state will last less than 12 months.
hero member
Activity: 590
Merit: 500
I have already covered this. Even if they tax their citizens 100%, the money which is required for the handouts ($ 188 b) can't be raised.

How do you figure that?  As of 2013, Switzerland's GDP is approximately $646 billion US Dollars.

The $188B for the "handout" (which assumes everyone in the country gets the full amount, not just supplementing up to at least that level) would be 25.6% of that GDP.

That, in addition to their current budget (which would undoubtedly shrink as they could replace many existing assistance programs with the basic income), would put their taxation as a percentage of GDP about on par with Denmark and Sweden.  It would put them in competition for highest taxes in the world, but it's not impossible.
newbie
Activity: 28
Merit: 0
As a percentage of GDP, Switzerland's taxes are lower than Canada and only a little higher than the USA, which themselves are relatively low, contrary to the "We're being taxed to death!!!" screaming.

I have already covered this. Even if they tax their citizens 100%, the money which is required for the handouts ($ 188 b) can't be raised.

And you should also add into equation that there will be a halving of Switzerland population once this goes through.
There are enough countries out there with nice mountains snow and chocolate without stupid taxes in which you can move.
legendary
Activity: 3766
Merit: 1217
As a percentage of GDP, Switzerland's taxes are lower than Canada and only a little higher than the USA, which themselves are relatively low, contrary to the "We're being taxed to death!!!" screaming.

I have already covered this. Even if they tax their citizens 100%, the money which is required for the handouts ($ 188 b) can't be raised.
hero member
Activity: 590
Merit: 500
Switzerland is one of the most highly taxed countries in the world.

As a percentage of GDP, Switzerland's taxes are lower than Canada and only a little higher than the USA, which themselves are relatively low, contrary to the "We're being taxed to death!!!" screaming.
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