Man Kills Himself In Front Of City Council

[JZ_UK]

He wasn't. But his creditor was, in case he got bankrupt anyways. Which doesn't seem too unlikely..

Thank you.


See Godwynn its a matter of the value of his home goes up, it goes up because it can be sold as a commercial site, its this increased value that the lender is willing to lend against... regardless of whether or not his intention at this very moment was to sell it or keep it, the lending value comes from its sale value

 

[Godwynn]

Thank you.


See Godwynn its a matter of the value of his home goes up, it goes up because it can be sold as a commercial site, its this increased value that the lender is willing to lend against... regardless of whether or not his intention at this very moment was to sell it or keep it, the lending value comes from its sale value

I don't understand. He was trying to raise its value in case he went bankrupt?

 

[JZ_UK]

By increasing the price of his house he could get a new loan on it, he could then us the new money to ease his losses after expanding his business, which hadn't started making money yet.

Thats how I read it

 

[Godwynn]

By increasing the price of his house he could get a new loan on it, he could then us the new money to ease his losses after expanding his business, which hadn't started making money yet.

Thats how I read it

Thank you for clearing that up for me.

 

[Newbunkle]

But once its rezoned, can't someone buy it and turn it into to a sweat shop or something undesirable?

 

[Godwynn]

But once its rezoned, can't someone buy it and turn it into to a sweat shop or something undesirable?

I think it would be hard to fit a "sweat shop" in the area a home encompasses.

 

[Newbunkle]

I think it would be hard to fit a "sweat shop" in the area a home encompasses.

Maybe if they're dwarves?

 

[Warman17]

So the council voted against rezoning so he couldn't sink more money into a failing buisness? If you fail at a buisness no-one should bail you out. Though it's sad to see someone whould shoot themselves over it

What if you're a multi-million/billion dollar corporation employing tens of thousands of workers and providing service for thousands more?

For example airlines.

 

[JZ_UK]

You're welcome

I think it would be hard to fit a "sweat shop" in the area a home encompasses.

You'd be surprised, after all, you can knock down the house and rebuild over the whole plot (and either way sweat shops aren't know for their spacious nature!), I don't think light industry is that likely a possibility personally... but some kind of retail or a bar is a possibility and neither are likely to be welcomed by the immediate residents.

 

[Gaius Octavius]

What if you're a multi-million/billion dollar corporation employing tens of thousands of workers and providing service for thousands more?

For example airlines.

Ah, you beat me to it.

It's acceptable when the government bails out large corporations, but not when it tries to "bail out" (and that's debatable in this case) one citizen.

 

[Godwynn]

Ah, you beat me to it.

It's acceptable when the government bails out large corporations, but not when it tries to "bail out" (and that's debatable in this case) one citizen.

I think it is also interesting to note some responses by certain users in the thread. For example, "It was a business mistake, he shoulda thought about it first!" However, when it comes to individuals making mistakes such as dropping out of high schools and working at McDonald's I am sure they would just to redistribute the wealth. In all reality, this sole proprietorship is just the same.

I gotta admit, this thread served little purpose to me except to see the answers from certain users. I really don't care if some guy couldn't take it and blew himself away.

 

[amadeus]

What if you're a multi-million/billion dollar corporation employing tens of thousands of workers and providing service for thousands more?

For example airlines.

There's more employment out there; corporations don't have a responsibility to keep people perpetually employed.

 

[MjM]

tat sux man

 

[JollyRoger]

I think it is also interesting to note some responses by certain users in the thread. For example, "It was a business mistake, he shoulda thought about it first!" However, when it comes to individuals making mistakes such as dropping out of high schools and working at McDonald's I am sure they would just to redistribute the wealth. In all reality, this sole proprietorship is just the same.

If this guy had a failing business, he was likely paying little, if any taxes, while using above normal government services (with his zoning case just an example - also being a business owner means he was placing more burdens on the local government and infrastructure than a mere employee). He was likely already a part of the wealth redistribution scheme known as progressive taxation. Just imagine how soon he would have offed himself with a higher tax burden on top of his failing business.

If you work at McDonalds's and you don't do your job properly, then you risk getting fired. If you own your own business and do not plan properly, you risk failing. Maybe he wasn't cut out to run his own business and would have been better off working for an established business. It is pretty rare to get a residential zoning changed to commercial zoning, especially if you try to get the rezoning after being in violation. If you can't even handle a city council doing what it does in the majority of cases, perhaps you are better off flipping burgers at McDonald's or cutting hair at Supercuts.

 

[Godwynn]

If this guy had a failing business, he was likely paying little, if any taxes, while using above normal government services (with his zoning case just an example - also being a business owner means he was placing more burdens on the local government and infrastructure than a mere employee). He was likely already a part of the wealth redistribution scheme known as progressive taxation. Just imagine how soon he would have offed himself with a higher tax burden on top of his failing business.

Another great argument for flat taxation.

If you work at McDonalds's and you don't do your job properly, then you risk getting fired. If you own your own business and do not plan properly, you risk failing. Maybe he wasn't cut out to run his own business and would have been better off working for an established business. It is pretty rare to get a residential zoning changed to commercial zoning, especially if you try to get the rezoning after being in violation. If you can't even handle a city council doing what it does in the majority of cases, perhaps you are better off flipping burgers at McDonald's or cutting hair at Supercuts.

Who knows? General Betray-Us seemed to like his haircuts. Surely there should have been some form of social safety net for him to fall on if he declared bankruptcy!

 

[Dida]

Surely there should have been some form of social safety net for him to fall on if he declared bankruptcy!

Bankruptcy is intended to be exactly such safety net. He might not be able to avoid liquidation, but that will put liquidation on hold for at least a few years. People and business goes bankrupt all the time, death is completely unnecessary.

 

[Shadylookin]

well I don't think anyone is entitled to having his house rezoned as a commercial lot. Though it's tragic to have someone commit suicide there's no reason to commit suicide over a failed business with all of our safety nets.

 

[The Yankee]

I wonder if the person had incorporated his business.

 

[JZ_UK]

Would have had even less incentive to kill himself...

 

[mrt144]

usually a corporation has many employees that would be hurt.
also people that commit suicide in reaction should be scorned. he was wrong to want rezoning and wrong to kill himself and anyone that thinks that the counil should have yielded to him to prevent this is thinking with emotions.