Fakeout
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Posts posted by Fakeout
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You sir are the one with lack of economic comprehension. I am a Social Studies, Economics, and Government Teacher, I have been studying this for years! What are your credentials because I can show you my degree.
Yes, past presidents own businesses but they are not regulatory agencies, and they do not pass bills that will affect the industry in which they own the business in. If they do that is what you call "Corruption". Usually when in this place of power they set up what is called a Blind Trust for there company, but you don't know anything about that because otherwise you would of done it, just showing your lack of "ECONOMIC COMPREHENSION". Senators pass bills while in office as well but they do not pass bills that affect their own businesses they have personal interest in. Take a look at Donald trump he just relinquished power to all 400 of his business to resolve "conflict of interest". Because he has business all over the world. The U.S. Government fears his personal interest will get in the way of his foreign policy.
This will be my last message because you are obviously so contradictory to your economic stances its ridiculous. Attempt to contact me in-game and you will be hearing from my legal team.
Sincerely,
Baron Von Aurum
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So maybe you should tell your voters to have a little more respect? Assuming he is your voter...
4 minutes ago, ThomasHetch said:Odiggitydog posted it so technically I didn't post that, it just has my name on it.
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22 hours ago, Odiggitydog said:vote for Thomas Hetch for governer of the island
also please spread the word for voting
Why would you post on someone else's thread?... Is that the kind of honor and integrity your voters can expect from you?
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1 hour ago, Xilion said:In the real world this would never, NEVER fly.
However, this isn't the real world and in that light I would love to see how this would work out.
The temptations of corruption need a strong will to be kept at bay....should you need any legal representation at some point, gimme a call, eh!
You are correct sir, he is beyond contradictory! No regulatory agency in the United States would ever own a business. That is a COMPLETE and utter "conflict of interest"
Unless you plan on relinquishing Gold Coin Pawn I am not abiding, by the FMMB's regulations.
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A business owner and a business regulator, makes for a great conflict of interest don't you think. Highly contradictory in my opinion and I believe the opinion of everyone else
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8 minutes ago, Xilvius said:EVERY government that isn't some form of authoritarian leadership has economic regulations set place for the best interest of a growing economy. Not just to keep merchants filthy rich.
It allows for a massive separation between economic classes.
In a "free-market" (such as the one the united states uses) there is still regulation to ascertain a growing economy; Our foundation only seeks to give merchants a price range for their goods, to keep prices low and affordable while still giving room for merchant profitability.
Why would we limit your inventory? We encourage merchant growth to maintain a booming economy. Our corporation is not here to tell merchants what to do and how to do it. Our foundation is here to benefit everyone and keep the economy growing for everyone.
Every single first world nation and super power on this planet has regulatory offices for the economy and then some. The countries that do not have regulatory powers are often dictatorships and other forms of authoritarian leadership.
I cannot understand where you have gained this notion that our foundation seeks to limit the potential of your inventory or work.
Once more, we ENCOURAGE merchants to bring as many goods and services to the table as they possibly can.
Our goal has always been, and will continue to be, to ensure affordable prices for the consumers and reasonable profit margins for merchants.
The 300% profit margin is reasonable, given the following example:
Merchant A has expenditures of $100 from start to finish to make a couch. Under no circumstances should they be selling that same couch for 50 grand ($50,000). This destabilizes economies and separates the economic classes into that of poverty and that of upper class.1.) Every "GOVERNMENT" has had some form of economic regulation in place for there growing economy. Therefore, I would assume you are running for office, which would grant you the legal jurisdiction to actually regulate businesses in Identity.
2.) I offered you a compromise package to assure Aurum Mining would prevent this situation of class division because I am trying to Co-operate with your agency. You ignored it.
4. ) The assumption is you would be limiting my inventory because you are limiting my Profit of Margins, Where does the abuse of Entrepreneurial freedoms stop? Not saying the intent is there but if you open one door where does the other close? You essentially would be pulling the strings of my company like a puppet for consumer happiness.
7.) I intend to bring many goods and services to the table, and I will allow the consumer, not a "regulatory agency" regulate my prices with what the consumer believes is valuable by the extent to which they purchase.
Taking a look at your example if Merchant A has expenditures of 100 dollars from start to finish to make a couch, but is an incredible artisan to where his work, services,and salesmanship are unmatched . Under every circumstance he has every right to sell that couch for 50 grand. This may destabilize the economy but economic classes were not created to be equal.Only in a Utopian society would that be possible, and having that mentality on this example is a very socialist way of thinking. Why should the Merchant be punished for outstanding work and the overall outlook of the economy when he is practicing his craft to make an outstanding living for himself. Now, however if he makes the couch for 100 and does poor work that is another story.
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1 hour ago, Xilvius said:We believe that unregulated "free" markets, as you determine it, often leads to corrupt monopolized companys gone extortionists.
Our model, done on a per company basis, sets a defineable prize zone in which would be considered fair for the consumer and profitable for the merchant; At a booming maximum of a 300% profit margin.
If no regulation is set place you will witness radical split between upper class and middle class, leading to unaffordable markets for the middle class and eliminating them to poverty level entirely.
With no middle class consumer base, merchants will have difficulty selling their goods and services at all.
Rest assured the FMMB is in the best interest of both the consumer and the merchant, for a stable and growing economy.
1.) 300% profit margin may be booming for your dreams, not mine. Who are you to limit my entrepreneurial goals?
2.) Laissez-faire is the best economic model because it allows business owners the best potential for economic growth
3.) In a Free Market economy you don't force the consumer to buy, if they don't like the service or high prices, they don't have to purchase
4.) I am currently the only Mining company in Identity, When the game start I'm going to aggressively mine Raw Materials, Are you going to limit my inventory as well? What if I clean the map are you going to take away my inventories and "trickle it out to other mining companies".
5.)Regulatory Agencies rarely work, due to push-pull factors necessary to make everyone happy
I'll tell you what I can do, I will not allow you to regulate me. However, for for fear of me becoming a monopoly. In game when I begin mining resources, I will separate and properly price my resources in three separate packages.
The low class package -
The Middle class package -
The high class package -
This will ensure a middle class remains on my part at least, I could care less how other businesses affect the economy and I will not be punished for it
I will determine prices at a later time but they will be within affordable range for each class once I get a feel for the market.
As far as my resources I will not let you limit how much I acquire, because that just goes to show my hard work in game and I will not be punished for that as well.
This is the best compromise for anyone because I do not limit myself to a 300% profit margin. and I do not limit my materials.
And your still able to do your regulation thing.
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On 1/17/2017 at 6:29 PM, Xilvius said:We dont need to use physical force. If you are charging more for your legal good and services than what the Bureau regulates is fair, there will be another business selling the same goods that we are already affiliated with that are selling them for a fair price.
People will know they are selling them for a fair price because we have professionally checked their prices against the fair market using our business model.
In short, if you have higher price than what is rightfully fair, we will find someone else to sell it for a cheaper, fairer price; And provide a place for consumers to know where the best deals are at.
If you are unconcerned with the influential power of liquid markets, then by all means continue to manipulate your prices above what is fair.
Perhaps you are even totally correct, and our corporation will fail in its endeavors to stabilize a healthy economy for everyone, however we will retain the belief that consumers have the right to affordable fair prices with a reasonable margin of profit for the merchant.by doing that practice not only would you be eliminating healthy competition in a laissez-faire capitalst free market economy. By getting other companies to sell the same goods for cheaper you are going from being a regulator to a proponent for certain businesses you favor. What specific indicators do you use in your business model to determine whats a "FAIR PRICE". Because what I consider fair you could consider outrageous and vice versa. Ultimately it should be the consumers choice to decide what is a reasonable buy and what not to buy.
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I plan on starting the most successful mining company in Identity. We will provide everyone with the raw resources & materials to achieve there goals & dreams. My name will be Baron Von Aurum a business man who wears the most lavish suits and is a esteemed business man who's lineage in resource mining goes back centuries.
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First off you are a self proclaimed business regulation bureau that has no legitimate jurisdiction over any business. Therefore, for the sake of identity's roleplaying community lets say we give you the authority to regulate us, @Honeybadger is correct you are approaching our conglomerate with a "guilty before proven innocent mentality" before you have any factual evidence of said crimes or illegal activity. Just because a Mafia is partnered with this conglomerate that is no proof that they are currently and actively participating in illegal crimes. Instead of coming to businesses with cease and desist letters, I would take a different approach, because if we don't comply with your letters what is going to stop us from continue what we are doing. You could use force, but we would just use it back.
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On 1/14/2017 at 3:20 PM, Xilvius said:Hello,
This is Mr. Crowley with the Fair Market Merchant's Bureau. This is an open letter to the organizer(s) of "The Neighborhood".
The FMMB will NOT tolerate crime syndicates manipulating ANY legal financial market. I implore you to seek legal means of merchant status and immediately cease any and all illegal activities associated with a legal market business.
Failure to comply with this request may result in the downgrade of your FMMB rating and/or the termination of your legal market business per the current governing body. Thank you for your time and we hope to see you reconsider your path of illicit activities and join the legal side of fair marketing.-Mr. Crowley President of Fair Market Merchant Bureau
A conglomerate is not a unfair business practice, have you ever heard of Warren Buffet, he owns a company called Berskshire Hathaway, He is a billionaire and one of the richest men in the country. I implore you to do your research before posting about about the regulations and co-ordination of businesses if you really plan on being a regulatory agency.
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Aurum Mining still on the look out for potential employees feel free to notify us if you are interested
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first module
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Hello my name is Baron Von Aurum and I would like to make a announcement regarding affiliation with The Neighborhood
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I am pleased to announce that starting immediately Aurum
Mining Corporation will be partnering with The Neighborhood Conglomerate---------------
As C.E.O. of Aurum Mining Corporation we here at Aurum hope that we can all prosper together as one
If anyone who has joined the Conglomerate of The Neighborhood and needs any assistance whatsoever please feel free to contact me through PM
Aurum Mining is looking towards increasing its employee count and affiliation with corresponding companies that can help our industry grow
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Alright sir just let me know thanks extremely detailed explanation i appreciate it now im up to par with whats going on
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@Honeybadger if i join your conglomerate will I have to give up any percentage of my company? I am willing to pay a conglomerate fee for being in the conglomerate and having access to all your tools and several other companies, however I do not want to give up a percentage of my company.
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@Honeybadger Sounds great @honeybadger what did you have in mind for a partnership?. Also I did not click the link because I could not find it on your post.
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@JoelKeys I need to know if you will be remaining with our group if so you have important information waiting to be read in your inbox
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yes you will have the ability to be a lawyer
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I am kinda of confused as to what careers will be in-depth and ones that will be simple at this point. I mean there are some people who are going to have stock broker corporations, hangliding corporation, Food stores. I am just wondering will I be able to run a mining company in game as I really really want to :(.
Aurum Mining Corporation
in Board Room
Posted
@Trustvainer I am partnered with the neighborhood conglomerate, and I am the director or head of the department of mining section, therefore my company is the one that will be doing the surverying of the map not the conglomerate which is just a joint partnership of businesses. I hope that cleared things up for you.
Sincerely,
Baron Von Aurum