@Hiraghm (oops typo on that 1st post) Bush senior, smart man; johnson, underrated for his work on civil rights due to the vietnam war over shadowing his term; Kennedy, definitely smart w/ $; bush jr, a total MORON; Ford, thought of by many as stupid, but really wasn't; Nixon, smh, well we all know what nixon was into (minus the missing 18 mins of audio tape); Reagan, he was a genius at "image", like all good actors. Obama has no concept of the real world? um, ok, keep watching fox news, lol.
@MzLoriAnnAWA - Boy, are you clueless. Bush Jr was not a moron. Johnson was a corrupt PoS, responsible for the Viet Nam debacle. Kennedy was no smarter than Bush Jr. Reagan was a brilliant American in the tradition of the Founding Fathers.
No, like you, Obama has no concept of the real world.
@Hiraghm ....keep wearing those fox news goggles. ;) founding fathers? that cracks me up, almost as much as this dangerfield vid did, ......let's just vote in November. that'll do all the speaking.
@MzLoriAnnAWA Fox news goggles? I'm a conservative and I hate Fox News. Fact is Bush Jr = MBA from Harvard. Obama = community organizer. Whos economic policies are you going to trust? Obama remains an economic ignoramus. Funny how "Jobs and the Economy" keep being brought up in the presidential debates...I thought the Black Messiah fixed our economy and everyone was happy! Why are people still complaining?
@Hiragm ... Bush senior, smart man; johnson, under rated for his work on civil rights due to the vietnam war over shadowing his term; Kennedy, definitely smart w/ $; bush jr, a total MORON; Ford, thought of by many as stupid, but really wasn't; Nixon, smh, well we all know what nixon was into (minus the missing 18 mins of audio tape); Reagan, he was a genius at "image", like all good actors. Obama has no concept of the real world? um, ok, keep watching fox news Hiraghm. have a nice day.
this is comedy, truly great dangerfield!! ...i swear, some1 always has to bring up Obama at every vid i watch. come on now ppl, really? i bet if i watch some sesame street vid some ass will say it's socialist run by Obama. (shaking my head) ...i mean, was Bush jr. a financial genius? LOLOL. go vote next Nov & keep the political crap on political vids, or better, on some blog far from youtube.
@Hiraghm Your right - Dem/Repub - whatever happened to "live within your means"? I'm a Republican, but both have screwed up. More relevant, this is my favorite clip from Back to School.
@MzLoriAnnAWA - Compared to Obama, Bush was a financial genius. The economy hit the skids right after Democrats (aka, socialists) took over Congress. Obama has racked up more debt in 3 years than Bush did in 10. Like FDR, Obama's extended a recession into a depression because he doesn't understand or like capitalism.
No, Rodney's not necessarily right. Just build the factory in a state with a strong Republican union-busting legislature that won't give a shit about pollution or waste disposal.
Walmart gets away with any damn thing it wants, just like McDonalds, the meatpacking industry, etc.
@SeaWolfPac Because VT isn't desperate for jobs. Walmart goes for states and communities that are depressed and need employment. Vermont's legislature, however, has always been strongly against any kind of megaprojects, and they don't want anyone putting mom & pop stores out of business.
@MondoBeno , I have an ambivilence with Wal Mart, actually. They have a right to do business as long as customers give them a profit, and I like there prices and selection, but I also like the character of Mom and Pop stores,.
@MondoBeno , "Just build the factory in a state with a strong Republican union-busting legislature that won't give a shit about pollution or waste disposal." You are naive. When Rodney D. talks about waste disposal, and says "They ain't Boy Scouts, you know", he's making referrence to the Mafia, who had a lock on that contract for quite some time. They don't give a crap about the environment. They are filled with greed. And they are Democrats.
@MondoBeno , I remember hearing the newspieces about the Mafia finally getting out/ getting thrown out of the New York City trash pickup contract racket. (I never did hear why they got out - none of the news peices I watched seemed well produced, as that should have been explained - maybe the Mafia threatened the news organizationsif they did explain. :-) ). So I assumed the movie was set in NYC.
@MondoBeno - in other words, people who provide jobs get away with any damn thing they want. How 'bout the people of your Democrat union-thug coddling State sit around in their wetlands with no goods, no food, no jobs. But, oh so good for mommy Earth, and the highest wages in the country, for the few union thugs employed (mostly in the union hierarchy).
Fred Smith, the founder of Federal Express, took a class exactly like this at Harvard Business school in the sixties. He wanted to create a next-day air freight company. He submitted his work at the end of the semester and the professor wrote back "This will never work" in big red letters. I think he gave Fred a D minus. The paper is now in the Smithsonian.
The idea of not considering leasing a building when factoring costs is ridiculous, especially for a startup. The idea of not even knowing if your product will be discrete or process manufacturing is also stupid.
What this class appears to be teaching is how to add and subtract.
@razordu30 I agree with you 100%. When you lease, sometimes the company handles the insurance of the building and other expenditures. On top of that, you don't need to have a depreciation expense on your financials because you don't own the building. If it's not a plant asset on your books, you can't depreciate it. For a roughly $250,000 building at 25 year life span, you're looking at a minimum of 10K annual depr. That's if you use SL, double declining is far more at first.
The very idea of putting up a building for an unknown product is loneytoons.
You have not only all the crap they talked about but a NEVER ENDING cost that could last years if not decades. (I had a new building added to our campus and the fucker leaked after 1 year guess the roofers who warranted the fucker went out of business. )
So now the decision is take them to court somehow (and not fix the leak)
Don't get why everybody's having a wank pretending that they know everything about "real" business. The comedy here comes from Dangerfield being an idiot in class while the teacher is trying to introduce students to basic economics.
I have no idea how things are done in Australia but here in Texas if you want to change a door in a building "an existing building" you need to pull a permit. If that door goes outside the building you will need to
1 Have a pull station connected to the fire alarm
2 have an Exit sign hanged in front of it
3 make sure it can be unlock able in a single motion
@SeberHusky In any building even your home you need to pull a permit for any work done. Add a toilet replace a fuse box add a porch convert a garage to a room. build a tree house ( I know) etc etc etc Places of business are different and fall under tons of guidelines (that is why all ATM including drive up ones have to be in braille) ADA requirement. PS nice looking dog. And I too loved the book Call of the Wild
Because experience trumps theory every time, the best, most effective and respected teachers are those who worked in private industry, leave their jobs and go back to teach.
The true story turned movie “Stand and Deliver” is a prime example.
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This is why we fail in education in the US. Universities are corporations and making tons of money from us. And none of that is ever returned. We get degrees with no experience, which equals no jobs. WTF
@lnqusitor I'm not a devotee of anything. I generally run from someone that says they have a unified theory of economics that applies in all situations. I am a devotee however, of fucking with pretentious assholes that spout vague nonsense. How many of your business professors were Republicans might I ask, and what is your theory of the proper role of regulation, markets, and taxes in an ideal economy?
@xXcontrolldeniedXx How can I explain something like that to a person who obviously has no idea, or half baked ones, about what economics is? Waste of time.
@lnqusitor well i guess by now if i at best I only have a half baked idea about what economics is , i should change my major asap. Thanks for enlightening me although i wish you would regale me with your insights into the dismal science. Just out of curiosity, what about that professor question i asked you about. That one even an idiot like me could understand in a short reply. A percentage will do. Thanks for straightening me out and showing me my ignorance.
@lnqusitor Hmmm, yet another vague unqualified statement that has nothing to do with the question i asked. Why do you think so? what is your full baked take on it? I really wish you would educate me, i don't know where else to turn. Since you love to avoid question and make blind assumptions, i'll make my own, you have never been on any debate teams and you have a half-baked idea of what logic is. I'm still waiting for that percentage? Is it higher or lower than 50%
@xXcontrolldeniedXx There is no point in talking to you any more, after stating what you did in your last post either your "education" s horrible, made-up, or deliberately ignorant, probably a combination of all 3. almost everything you stated in your last post isn't accurate if you know it or not, which means there is nothing left to be said.
@lnqusitor right, well thanks for playing, BTW the initial comment was directed at you stating that the professor was like a republican and i've asked 10 times now why you would come to that conclusion, Don't think i didn't notice you conveniently left out the zeitgeist reference which i was waiting to come out all along. Every brainwashed retard that's seen that piece of shit propaganda sounds exactly the same. Take off the tin foil hat and try reading a book before you talk out your ass.
@xXcontrolldeniedXx Economic majors are not studying economics you are indoctrinated into neoclassical mythology. Major advances in economics come from people in Physics, Math and Psychology who address economics. You will learned failed theory but insist it is true because the opportunity cost rejecting your "education" will be too high for you. You will never learn Chaos Theory, Behaviorism or Modern statistics even if you completed a PhD in neoclassical pseudoscience.
@lnqusitor it's funny because i just had psychology and behaviorism does not carry the weight it once did. One can get your masters in behavioral economics which is exactly what your describing. IDK what planet you're from, but, you learn tons of math and statistics, can even focus on econometrics. What about anything i've just said led you to believe i wanted a phd in neoclassical economics. Let me guess, you saw Zeitgeist and drank some kool-aid and now your an expert. Am i far off the mark?
funny thing is that i've never had a business professor as pretentious and out-of-touch as this professor. his mindset is more like some crusty English professor and not a business professor.
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Back to School is one of my favorite classic comedy's, Rodney Dangerfield was hilarious! To all the dopes trying to make some sort of partisan political statement using this clip as an example; Lighten the hell up and laugh, you'll live longer nerds!
This teacher sounds like the type of teachers the government want people to listen to about Healthcare reform only Obama is the teacher and most broke and middle class people are the students believe that the system will work on it's own. If the US was a business instead of a government, no one would loan to it based on it's balance sheet and they would laugh the teachers out of their bank who try to tell them all this expense will eventually work itself out with the business income someday.
franklin noble and szqsk8., you understand the stereotypes are broadly drawn for comedic value. You'd be hard pressed to find an economics teacher like this then or now. Drawing comparisons to political parties is at best inaccurate.
What is funny about this older movie is during the banking free for all of the 2000s you could get a loan to build widgets without explaining what they were.
....But also, spend some time in a classroom. There is a mindset EQUALLY as idiotic as the idea that the "classroom" will teach you NOTHING. And that is the idea that the "real world" will teach you EVERYTHING.
How many tea partiers are willing to do things like CUT OIL SUBSIDIES? And things like corporate welfare IN GENERAL? These companies don't need it! They've got money out the ass. They're fine on their own. Why should poorer taxpayers have to pay for the rich?
Besides, show me ONE study showing that some Big Oil tax breaks REALLY contribute to huge job growth and/or economic growth. I highly doubt they'd all go bankrupt without these tax breaks.
Does anyone know if the scene at the end, where the Prof grills Dangerfield with a 27 part question, is on YouTube? That was awesome: Yea, it's a piece of cake! The answer is 4? Right.
@franklinnoble LMAO. Yeah right. It's easy to be a "business" professor when your salary is being paid by a non profit institution and your job is secure.
@franklinnoble You can forget about building that business in California. The Unions, AQMD, PUC, SCAQCB, etc., etc., etc. not to mention the local dirty politicians, will keep any thing of great importance from being built here. Now we have a democratic governor who was suppose to work with the extremely left wing democratic assembly and senate but nothing is getting done. This is fantasy land if anyone thinks we'll be "Golden" again. After growing up in California,Texas, here we come!
@franklinnoble I hope you mean that the Republicans are Dangerfield, always knowing what they are talking about and think sutff through, and Democrats are the teacher, being snobs with brooms up their asses.
@MisterSmiley91 Pretty much. Republicans are the grown-ups in the real world, while the Democratic elitists sit in their ivory towers and pontificate within the realm of fantasy.
@franklinnoble So true! The Dems are living in Fantasy Land with our money. If they had to get a real job, they would be making minimum wage bagging groceries at the fruit market. Most Republicans worked their way up sweeping floors first at the company knowing what it's like at the bottum and becoming street smart. They work their way up to the top and don't forget that God and Prayer helped them. Dem's well they agreed to voting on taking the 10 Commandments out of Court Rooms. I Rest My Case
@franklinnoble i think i get what you're saying here, and i've narrowed down your implications as repubs being hypocritical, in that their party morals don't stop them from getting their hands dirty, and demos being naive, being stubborn with their morals to the point of willful ignorance.
true or not, the good news is intelligent people don't have to label themselves anything: they're more complex than deciding to adopt a set of standards for the sake of group mentality.
@h3lblad3 : hmmm well that would actually make the liberal "communist traitor" the Democrat !! Well you're quite wrong : The Democrat / Liberal "communist traitor" = Professor; The Clueless American Public / Independents / Undecided Voters = Class Students AND, the Republican = Rodney Dangerfield ( the old fart asking those legit pragmatic questions). Case closed !!!
The only problem is that you're putting one of the major political parties as someone who knows what they're talking about. And the fact remains that Dangerfield is being knowledgeable. Which is contrary to either of the political parties, really, or they wouldn't continuously prove that they have no idea how to fix economic problems.
@h3lblad3 : Well you're kinda right on the political parties not solving problems in general. Only that in the movie, it is clearly established that Dangerfield ( Pragmatist) knows what he's talking about unlike the clueless idealistic Prof. ( Idealist) - Typical liberal ( idealist) vs conservative ( pragmatist), Thus the pattern is easily observable.
@franklinnoble I assume you are referring to the republicans as the teacher since they believe tax cuts and free markets and deregulation will save the world.
@lnqusitor HAha yeah i know what you mean, out of touch professors are notorious die hard republicans. I know all mine are. Fuck free markets.. everyone with a brain knows nepotism and committees are the best way to run an economy.
@xXcontrolldeniedXx What business have you ever started up and ran successfully? When the USA wasn't having all these regulations and taxes, our companies weren't going overseas. Don't tell me what everyone with a brain knows you jealous, worries about what the other guy makes person. I came out of the dirt, poor as hell, and now the government wants to punish me for the chances I took with all the money I had. Shame on you. It sickens me you have the same vote in elections I do.
@StanBennet i've started 2 businesses and i'm also attending college majoring in economics. I think you should sharpen your reading skills because i was mocking the douche who was talking out his ass above me here. I've always said, each side of politics has it's own worst enemies and usually it's own members. You and your ignorance are living proof. Sorry to be the bearer of bad news but you just made an ass of yourself.
@xXcontrolldeniedXx Since you hate free markets so much, you preffer the government make all the decisions for everybody else? Everybody is so stupid except our fantastic politicians? You want nepotism and committees, those are government agencey beaurocrats. Sometimes I get pissed at Republicans for not doing enough about it, but they don't hold a candle compared to Democrats for that kind of thing.
@mojothemigo Are you to stupid to read all my posts or are you pretending to be stupid to make republicans look dumb? Who in their right mind would say nepotism is good and not be sarcastic about it? are you that fucking dumb?
@xXcontrolldeniedXx I knew what you meant, you were calling Republicans on nepotism and committee. I was trying to make the point that the socialist standards are much more so that way. You are too much of a stupid, cock sucking son of a bitch to know what I was talking about. Please jump off a cliff
@mojothemigo wrong asshole, i was mocking the other douche. It's called sarcasm numbnuts. Omg, you don't even realize how stupid you are do you? Maybe you can get someone with reading comprehension skills past that of a 10 year old to read the rest of my comments and explain it to you. you could start with the post i left were i explain the same thing to another retard.
I absolutely love the fiery political debate going on on this video. The dudes ranting back and forth on right and left wing politics look so friggin stupid, battling it out while a stuck-up economics professor tells us about Widgets and Mellon defeats his every point. Some folks just don't know when to chuck the politics and take a joke.
This is exactly what's wrong with the current administration. It's run by academics and people with no experience in the real world running any type of business whatsoever. I'm saying this and I'm a Democrat!
I remember seeing this in the theater back in the 80s and I laughed my ass off at the Fantasyland remark, my stomach hurt. Rodney was a treasure...I sure hope there's a Heaven and he's finally getting some respect up there.
@donrondadon - I have mo work experience in academia and just studying about teaching doesn't make me a teacher. If one has been ensconced in the halls of academia they have no business teaching business. Other posts in this section echo that sentiment. Earlier in the movie Rodney tells the uppity prof "guys like you have a place to teach because guys like me donate buildings". Owned!
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CandysCrazyWorld 1 week ago
greasing politicians? maybe the ''fictional'' company is Goldman Sachs
americanIDOLfan11111 3 weeks ago
@americanIDOLfan11111 - Or Solyndra. or GM.
Hiraghm 2 weeks ago
The last line in this clip makes me laugh every time I hear it!
jadedmastermind 3 weeks ago
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CandysCrazyWorld 1 month ago
..ya tell that to the bank
nickdnc2003 1 month ago
@Hiraghm (oops typo on that 1st post) Bush senior, smart man; johnson, underrated for his work on civil rights due to the vietnam war over shadowing his term; Kennedy, definitely smart w/ $; bush jr, a total MORON; Ford, thought of by many as stupid, but really wasn't; Nixon, smh, well we all know what nixon was into (minus the missing 18 mins of audio tape); Reagan, he was a genius at "image", like all good actors. Obama has no concept of the real world? um, ok, keep watching fox news, lol.
MzLoriAnnAWA 1 month ago
@MzLoriAnnAWA - Boy, are you clueless. Bush Jr was not a moron. Johnson was a corrupt PoS, responsible for the Viet Nam debacle. Kennedy was no smarter than Bush Jr. Reagan was a brilliant American in the tradition of the Founding Fathers.
No, like you, Obama has no concept of the real world.
Hiraghm 2 weeks ago
@Hiraghm ....keep wearing those fox news goggles. ;) founding fathers? that cracks me up, almost as much as this dangerfield vid did, ......let's just vote in November. that'll do all the speaking.
MzLoriAnnAWA 2 weeks ago
@MzLoriAnnAWA Fox news goggles? I'm a conservative and I hate Fox News. Fact is Bush Jr = MBA from Harvard. Obama = community organizer. Whos economic policies are you going to trust? Obama remains an economic ignoramus. Funny how "Jobs and the Economy" keep being brought up in the presidential debates...I thought the Black Messiah fixed our economy and everyone was happy! Why are people still complaining?
irufushi8 2 days ago
@Hiragm ... Bush senior, smart man; johnson, under rated for his work on civil rights due to the vietnam war over shadowing his term; Kennedy, definitely smart w/ $; bush jr, a total MORON; Ford, thought of by many as stupid, but really wasn't; Nixon, smh, well we all know what nixon was into (minus the missing 18 mins of audio tape); Reagan, he was a genius at "image", like all good actors. Obama has no concept of the real world? um, ok, keep watching fox news Hiraghm. have a nice day.
MzLoriAnnAWA 1 month ago
@efrem1 ...ron paul, HA, no thanks. but i do agree w/ his views on the waste of time & effort the "war on drugs" is. have a nice day.
MzLoriAnnAWA 1 month ago
Widgets
22 YEARS LATER
WINDOWS 7 TAKE IT FOR THE MARKET ;)
95115964 1 month ago 3
@95115964
Widgets existed on Mac long before Windows 7
FYI
ViCe1986 3 weeks ago
@ViCe1986 - and Linux before that.
Hiraghm 2 weeks ago
This business professor wouldn't even be qualified to run a hot dog stand.
logik316 2 months ago
this is comedy, truly great dangerfield!! ...i swear, some1 always has to bring up Obama at every vid i watch. come on now ppl, really? i bet if i watch some sesame street vid some ass will say it's socialist run by Obama. (shaking my head) ...i mean, was Bush jr. a financial genius? LOLOL. go vote next Nov & keep the political crap on political vids, or better, on some blog far from youtube.
MzLoriAnnAWA 2 months ago
@MzLoriAnnAWA I have one thing to say to you...RON PAUL 2012!!!!
efrem1 2 months ago 2
@MzLoriAnnAWA - Was Clinton a financial genius? Was Bush Sr? Was Ronald Reagan? Was Carter? Was Ford? Was Nixon? Was Johnson?
What's different about Obama from all of these? They all, at least, had *some* concept of the real world and how it works.
Hiraghm 1 month ago
@Hiraghm Your right - Dem/Repub - whatever happened to "live within your means"? I'm a Republican, but both have screwed up. More relevant, this is my favorite clip from Back to School.
greenwich1754 3 weeks ago
@MzLoriAnnAWA Thank you!
VtjeP 1 month ago
@MzLoriAnnAWA - Compared to Obama, Bush was a financial genius. The economy hit the skids right after Democrats (aka, socialists) took over Congress. Obama has racked up more debt in 3 years than Bush did in 10. Like FDR, Obama's extended a recession into a depression because he doesn't understand or like capitalism.
Hiraghm 2 weeks ago
This really applies to Los Angeles CA ...very sad
USAlfalfa5150 2 months ago
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glentvr 3 months ago
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Teachers like this make me fall asleep. I would be better off in Fantasy Land. Or Sam Kinison's class.
Legba85 3 months ago
Comment removed
Legba85 3 months ago
"How bout' Fantasy Land?" LOL
ClassicTVful 4 months ago in playlist Rodney Dangerfield 3
No, Rodney's not necessarily right. Just build the factory in a state with a strong Republican union-busting legislature that won't give a shit about pollution or waste disposal.
Walmart gets away with any damn thing it wants, just like McDonalds, the meatpacking industry, etc.
MondoBeno 4 months ago
@MondoBeno , "Walmart gets away with any damn thing it wants". So how come it has had such a tought ime getting into VT.?
SeaWolfPac 4 months ago
@SeaWolfPac Because VT isn't desperate for jobs. Walmart goes for states and communities that are depressed and need employment. Vermont's legislature, however, has always been strongly against any kind of megaprojects, and they don't want anyone putting mom & pop stores out of business.
Walmart does well in the South, I'm sure.
MondoBeno 4 months ago
@MondoBeno , I have an ambivilence with Wal Mart, actually. They have a right to do business as long as customers give them a profit, and I like there prices and selection, but I also like the character of Mom and Pop stores,.
SeaWolfPac 4 months ago
@MondoBeno , "Just build the factory in a state with a strong Republican union-busting legislature that won't give a shit about pollution or waste disposal." You are naive. When Rodney D. talks about waste disposal, and says "They ain't Boy Scouts, you know", he's making referrence to the Mafia, who had a lock on that contract for quite some time. They don't give a crap about the environment. They are filled with greed. And they are Democrats.
SeaWolfPac 4 months ago
@SeaWolfPac The Mafia aren't in all states. They were a problem in the Northeast, for sure.
MondoBeno 4 months ago
@MondoBeno , I remember hearing the newspieces about the Mafia finally getting out/ getting thrown out of the New York City trash pickup contract racket. (I never did hear why they got out - none of the news peices I watched seemed well produced, as that should have been explained - maybe the Mafia threatened the news organizationsif they did explain. :-) ). So I assumed the movie was set in NYC.
SeaWolfPac 4 months ago
@MondoBeno - in other words, people who provide jobs get away with any damn thing they want. How 'bout the people of your Democrat union-thug coddling State sit around in their wetlands with no goods, no food, no jobs. But, oh so good for mommy Earth, and the highest wages in the country, for the few union thugs employed (mostly in the union hierarchy).
Hiraghm 2 weeks ago
"He really tells it like it ain't." "Flunk me? Flunk him!"
Octoberville 4 months ago
most professors love outspoken students like that ha
redarmyjay 4 months ago
@redarmyjay Most CEO's wouldn't hire a fairy, college professor like this guy to top-level jobs in their companies. They wouldn't hire Obama, either.
WilliamDRowlett 3 months ago 2
Fred Smith, the founder of Federal Express, took a class exactly like this at Harvard Business school in the sixties. He wanted to create a next-day air freight company. He submitted his work at the end of the semester and the professor wrote back "This will never work" in big red letters. I think he gave Fred a D minus. The paper is now in the Smithsonian.
tomthefunky 4 months ago 2
The idea of not considering leasing a building when factoring costs is ridiculous, especially for a startup. The idea of not even knowing if your product will be discrete or process manufacturing is also stupid.
What this class appears to be teaching is how to add and subtract.
razordu30 4 months ago
@razordu30 I agree with you 100%. When you lease, sometimes the company handles the insurance of the building and other expenditures. On top of that, you don't need to have a depreciation expense on your financials because you don't own the building. If it's not a plant asset on your books, you can't depreciate it. For a roughly $250,000 building at 25 year life span, you're looking at a minimum of 10K annual depr. That's if you use SL, double declining is far more at first.
ejr23 4 months ago
"How about fantasy land" He verbally kicked "professor stick up the ass" in the balls....
TwitchyMcgee0 4 months ago
Street smarts beats school smarts any day.
breezeman199 4 months ago 2
"I don't know if you're familiar with who runs that business, but I assure you it's not the Boy Scouts."
LOL I love that line!
raith0818 5 months ago 4
These three minutes teach more about economics than any two semester long economics courses at most colleges and universities.
madhatter0110 5 months ago 4
The very idea of putting up a building for an unknown product is loneytoons.
You have not only all the crap they talked about but a NEVER ENDING cost that could last years if not decades. (I had a new building added to our campus and the fucker leaked after 1 year guess the roofers who warranted the fucker went out of business. )
So now the decision is take them to court somehow (and not fix the leak)
Fix the leak and void the warranty.
The days of building in the US are long gone.
CSATexan 5 months ago
Don't get why everybody's having a wank pretending that they know everything about "real" business. The comedy here comes from Dangerfield being an idiot in class while the teacher is trying to introduce students to basic economics.
hedonism13 5 months ago
@hedonism13
Cause the teacher is full of crap.
I have no idea how things are done in Australia but here in Texas if you want to change a door in a building "an existing building" you need to pull a permit. If that door goes outside the building you will need to
1 Have a pull station connected to the fire alarm
2 have an Exit sign hanged in front of it
3 make sure it can be unlock able in a single motion
4 be inspected by the city inspector.
etc etc etc
CSATexan 5 months ago
@CSATexan
You must mean on a commercial/office building.
Surely not for a private, residential home...?
SeberHusky 5 months ago
CSATexan 5 months ago
@CSATexan
Thanks!
Yea, I know all about permits and stuff (from watching Holmes on Homes).
But you were talking about exit signs and fire alarms...I figured you must have meant "changing a door in a (commercial) building."
SeberHusky 5 months ago
Comment removed
uzijohn 4 months ago
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@hedonism13,
Because experience trumps theory every time, the best, most effective and respected teachers are those who worked in private industry, leave their jobs and go back to teach.
The true story turned movie “Stand and Deliver” is a prime example.
uzijohn 4 months ago
Hey guys I have started a channel in order to explain economics, buisiness management, accounting and many other disciplines to you. I try to make my explanations as clear as possible, and hopefully they will help you understand eco better. I can also send you additional workheets, diagrams and charts by e-mail, and help you by anwsering any questions you have. subscribe! Thank you x
EcoMadeEasy 5 months ago
This is why we fail in education in the US. Universities are corporations and making tons of money from us. And none of that is ever returned. We get degrees with no experience, which equals no jobs. WTF
jonzim72 5 months ago 2
British academia is proliferated by guardian reading left wing nutters. trust me
ukipwarrior 5 months ago
11 fictional products do not matter and we're built in fantasyland
14Roxy 5 months ago
Does anyone have the bar scene fight where Lou gets up and say is there a problem,,,, no u do now
blacxkcobra 5 months ago
What I thought it was funny that a teacher was teaching a self made millionaire how to make money.
daytraderfbf 5 months ago 2
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ha... fucking ha...
andrespereyda 5 months ago
Widgets, lmao!
eperce 6 months ago 21
I think this professor became an economic advisor to Obama.
Srd1126 6 months ago 59
@Srd1126 LMFAO that made my day thanks bud
wolverinefangowings 6 months ago
@Srd1126 Even he's smarter than that.
StanBennet 3 months ago
@Srd1126 lol! that's a good one! obama and half of congress actually.
nissansentraglx 3 months ago 2
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64sidejack 1 week ago
@Srd1126 I see 54 morons who need to go back to school
64sidejack 1 week ago
How come it seems that all the great products and companies were started by non-Harvard types? Yeah, yeah, there's exceptions.
StanBennet 6 months ago
Thank you, unfortunately if you are a devotee of neoclassical economics the same can not be extended to you.
lnqusitor 6 months ago
@lnqusitor I'm not a devotee of anything. I generally run from someone that says they have a unified theory of economics that applies in all situations. I am a devotee however, of fucking with pretentious assholes that spout vague nonsense. How many of your business professors were Republicans might I ask, and what is your theory of the proper role of regulation, markets, and taxes in an ideal economy?
xXcontrolldeniedXx 6 months ago
@xXcontrolldeniedXx How can I explain something like that to a person who obviously has no idea, or half baked ones, about what economics is? Waste of time.
lnqusitor 6 months ago
@lnqusitor well i guess by now if i at best I only have a half baked idea about what economics is , i should change my major asap. Thanks for enlightening me although i wish you would regale me with your insights into the dismal science. Just out of curiosity, what about that professor question i asked you about. That one even an idiot like me could understand in a short reply. A percentage will do. Thanks for straightening me out and showing me my ignorance.
xXcontrolldeniedXx 6 months ago
@xXcontrolldeniedXx If it is your major then I definitely believe you only have a half baked knowledge of Economics.
lnqusitor 6 months ago
@lnqusitor Hmmm, yet another vague unqualified statement that has nothing to do with the question i asked. Why do you think so? what is your full baked take on it? I really wish you would educate me, i don't know where else to turn. Since you love to avoid question and make blind assumptions, i'll make my own, you have never been on any debate teams and you have a half-baked idea of what logic is. I'm still waiting for that percentage? Is it higher or lower than 50%
xXcontrolldeniedXx 6 months ago
@xXcontrolldeniedXx There is no point in talking to you any more, after stating what you did in your last post either your "education" s horrible, made-up, or deliberately ignorant, probably a combination of all 3. almost everything you stated in your last post isn't accurate if you know it or not, which means there is nothing left to be said.
lnqusitor 6 months ago
@lnqusitor right, well thanks for playing, BTW the initial comment was directed at you stating that the professor was like a republican and i've asked 10 times now why you would come to that conclusion, Don't think i didn't notice you conveniently left out the zeitgeist reference which i was waiting to come out all along. Every brainwashed retard that's seen that piece of shit propaganda sounds exactly the same. Take off the tin foil hat and try reading a book before you talk out your ass.
xXcontrolldeniedXx 6 months ago
@xXcontrolldeniedXx Economic majors are not studying economics you are indoctrinated into neoclassical mythology. Major advances in economics come from people in Physics, Math and Psychology who address economics. You will learned failed theory but insist it is true because the opportunity cost rejecting your "education" will be too high for you. You will never learn Chaos Theory, Behaviorism or Modern statistics even if you completed a PhD in neoclassical pseudoscience.
lnqusitor 6 months ago
@lnqusitor it's funny because i just had psychology and behaviorism does not carry the weight it once did. One can get your masters in behavioral economics which is exactly what your describing. IDK what planet you're from, but, you learn tons of math and statistics, can even focus on econometrics. What about anything i've just said led you to believe i wanted a phd in neoclassical economics. Let me guess, you saw Zeitgeist and drank some kool-aid and now your an expert. Am i far off the mark?
xXcontrolldeniedXx 6 months ago
As Mark Twain said - “I've never let my school interfere with my education.”
Graeystone 6 months ago 2
funny thing is that i've never had a business professor as pretentious and out-of-touch as this professor. his mindset is more like some crusty English professor and not a business professor.
tsartodd 6 months ago
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WeekendattheCabin1 6 months ago
Economics in one lesson by Henry Hazzlit nuff said
colonelkfc33 6 months ago
those who cant do teach
phillywrestling 6 months ago
Back to School is one of my favorite classic comedy's, Rodney Dangerfield was hilarious! To all the dopes trying to make some sort of partisan political statement using this clip as an example; Lighten the hell up and laugh, you'll live longer nerds!
ErichAwesome 7 months ago
I'm glad I work at Warbners
themooddisorders 7 months ago
HA !! it's sure in the hell on how I do business..
blueticecho 7 months ago
This is vgood... see also TheTrueEconomist. A lot of interesting stuff.
mehdi12mehdi 7 months ago
They predicted "Yahoo Widgets"! lmao
SeberHusky 7 months ago
Barack Obama...President of the United Widgets of America...
...all 57 of them. ; )
HeyCrabman14 7 months ago 3
@HeyCrabman14 That's priceless!!!! :) One of the best comments I've ever read here on the old Tube!!
amoskowitz0103 7 months ago
I actually like the format of this class... learning through application. It's too bad the professor has his head up his ass.
ladistar 7 months ago
I'd learn way more from Rodney Dangerfield than I would from the economics professor.
ManekiNeko1972 7 months ago 4
This teacher sounds like the type of teachers the government want people to listen to about Healthcare reform only Obama is the teacher and most broke and middle class people are the students believe that the system will work on it's own. If the US was a business instead of a government, no one would loan to it based on it's balance sheet and they would laugh the teachers out of their bank who try to tell them all this expense will eventually work itself out with the business income someday.
MadeByEduNotLaziness 8 months ago
franklin noble and szqsk8., you understand the stereotypes are broadly drawn for comedic value. You'd be hard pressed to find an economics teacher like this then or now. Drawing comparisons to political parties is at best inaccurate.
oncleJimi 8 months ago
Too bad economists already account for EVERYTHING DESCRIBED HERE.
Distortion0 8 months ago 2
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todanp 8 months ago
Proves the point that what we learn in school & what we learn in life can be 2 different things sometimes!!
Nickcat5 8 months ago
I love it!!!
Business has some many facets and so law is even more so than can be said.
trec485 8 months ago
Professor: Where should we build our factory?
Rodney: How about Fantasyland?
ejr23 8 months ago
What is funny about this older movie is during the banking free for all of the 2000s you could get a loan to build widgets without explaining what they were.
michsteve09 9 months ago
part of the legitimate business world? what's this guy shooting into his arm? Spend some time in the real world and not in a classroom.
nissansentraglx 9 months ago
@nissansentraglx
....But also, spend some time in a classroom. There is a mindset EQUALLY as idiotic as the idea that the "classroom" will teach you NOTHING. And that is the idea that the "real world" will teach you EVERYTHING.
drbayoms 8 months ago
@drbayoms uhhuh.
Ephisus 7 months ago
No way out man Asian women lushfmlk.info
tanyamuriyan 9 months ago
Legitimate business world? Everything Rodney said is TRUE business!
ejr23 9 months ago 52
@ejr23 I think this is EVERYONE'S Favorite Part, because it's true.
TheRealJamDawg 3 months ago
Lmfao!!!!
reddy12131171 9 months ago
phillip: "it's a fictional product, it doesn't matter!"
melon: "doesn't matter? tell that to the bank!"
lol! my dad and I love that joke, cuz it's so true!!! I love Rodney Dangerfield!!!!
14Roxy 10 months ago 29
@14Roxy agree with ya
leiefilm 6 months ago
Transcribed Audio is GOD:
"Thank you, Mr. Mellon."
"that killed just a moment"
KoHSaito 10 months ago
Well I think we should make salsa or oven mits.
ThePBerry 10 months ago
he's right
spikeri812 10 months ago
LOL! "How about Fantasyland?"
szqsk8 10 months ago 3
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siteforonemillion 10 months ago
getting clowned by Rodney..
stuckinthecities 10 months ago
what movie is this?
MrCarlsberglover 10 months ago
@MrCarlsberglover Back to School
kopeildi 10 months ago
He's right !
eagleseye12 10 months ago
All those liberal vs conservative yammering in this comment section proves that Rodney gets no respect!
davidmjeong926 10 months ago 6
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@davidmjeong926 No respect at all.
Argonnosi 10 months ago
How many tea partiers are willing to do things like CUT OIL SUBSIDIES? And things like corporate welfare IN GENERAL? These companies don't need it! They've got money out the ass. They're fine on their own. Why should poorer taxpayers have to pay for the rich?
Besides, show me ONE study showing that some Big Oil tax breaks REALLY contribute to huge job growth and/or economic growth. I highly doubt they'd all go bankrupt without these tax breaks.
whoo689 10 months ago
But I bet your Americans for Prosperity and Koch masters just hasn't told you guys to protest THAT yet (or ever).
whoo689 10 months ago
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Death2Fanboys 11 months ago
This is probably the greatest film scene of all time.
TalkerOne 11 months ago 3
economystified
DanWhalen 11 months ago
Does anyone know if the scene at the end, where the Prof grills Dangerfield with a 27 part question, is on YouTube? That was awesome: Yea, it's a piece of cake! The answer is 4? Right.
jackdav34 11 months ago
Right here is the difference between Democrats and Republicans.
franklinnoble 11 months ago 41
@franklinnoble LMAO. Yeah right. It's easy to be a "business" professor when your salary is being paid by a non profit institution and your job is secure.
gmccord1970 11 months ago
@franklinnoble You nailed it!
sakuraba13 10 months ago
Comment removed
rgarcia77 10 months ago
@franklinnoble You can forget about building that business in California. The Unions, AQMD, PUC, SCAQCB, etc., etc., etc. not to mention the local dirty politicians, will keep any thing of great importance from being built here. Now we have a democratic governor who was suppose to work with the extremely left wing democratic assembly and senate but nothing is getting done. This is fantasy land if anyone thinks we'll be "Golden" again. After growing up in California,Texas, here we come!
rgarcia77 10 months ago
@franklinnoble I hope you mean that the Republicans are Dangerfield, always knowing what they are talking about and think sutff through, and Democrats are the teacher, being snobs with brooms up their asses.
MisterSmiley91 10 months ago
@MisterSmiley91 Pretty much. Republicans are the grown-ups in the real world, while the Democratic elitists sit in their ivory towers and pontificate within the realm of fantasy.
franklinnoble 10 months ago
@franklinnoble Now now now. Don't criticize Obamas world, beside the ivory towers. He's the smartest one in the room. Not you.
njtr 10 months ago
@franklinnoble So true! The Dems are living in Fantasy Land with our money. If they had to get a real job, they would be making minimum wage bagging groceries at the fruit market. Most Republicans worked their way up sweeping floors first at the company knowing what it's like at the bottum and becoming street smart. They work their way up to the top and don't forget that God and Prayer helped them. Dem's well they agreed to voting on taking the 10 Commandments out of Court Rooms. I Rest My Case
fitzpatrickgf 10 months ago
@franklinnoble- Ah, but which side is which?
Jurassic0Al 10 months ago
@franklinnoble No neither both parities are for big government. The Libertarian party is the only one which favors true Laissez-faire.
Charlesperalo 9 months ago 2
@franklinnoble This has nothing to do with Party Politics. This is Academic Theory vs The Real World. By far the best scene in this movie.
TheRealJamDawg 9 months ago
@franklinnoble i think i get what you're saying here, and i've narrowed down your implications as repubs being hypocritical, in that their party morals don't stop them from getting their hands dirty, and demos being naive, being stubborn with their morals to the point of willful ignorance.
true or not, the good news is intelligent people don't have to label themselves anything: they're more complex than deciding to adopt a set of standards for the sake of group mentality.
guybuddyson 8 months ago 3
@franklinnoble
Difference between Democrats and Republicans? Yeah, I guess so.
The professor is the Democrat/Republican, the quiet students are the American public, and the one guy asking questions is a liberal communist traitor.
h3lblad3 7 months ago
@h3lblad3 : hmmm well that would actually make the liberal "communist traitor" the Democrat !! Well you're quite wrong : The Democrat / Liberal "communist traitor" = Professor; The Clueless American Public / Independents / Undecided Voters = Class Students AND, the Republican = Rodney Dangerfield ( the old fart asking those legit pragmatic questions). Case closed !!!
paxfromindy 7 months ago 3
@paxfromindy I was thinking the same thing,
turnoutjim 7 months ago
@paxfromindy
The only problem is that you're putting one of the major political parties as someone who knows what they're talking about. And the fact remains that Dangerfield is being knowledgeable. Which is contrary to either of the political parties, really, or they wouldn't continuously prove that they have no idea how to fix economic problems.
h3lblad3 7 months ago
@h3lblad3 : Well you're kinda right on the political parties not solving problems in general. Only that in the movie, it is clearly established that Dangerfield ( Pragmatist) knows what he's talking about unlike the clueless idealistic Prof. ( Idealist) - Typical liberal ( idealist) vs conservative ( pragmatist), Thus the pattern is easily observable.
paxfromindy 7 months ago
@paxfromindy I like how you idealized the situation by offering a wonderfully clean dichotomy! :D
Scientisticsoviet 7 months ago
@Scientisticsoviet - Viola - there you have it :-)
paxfromindy 7 months ago
@paxfromindy hahahahaha
Youtubbemain 5 months ago
@franklinnoble "FET SYSTEM Economics" has a similar kind of lectures
ashleywilson62 7 months ago
@franklinnoble No doubt. living in the real world, and people living in fantasy land.
HandyMan101 7 months ago 2
@franklinnoble I assume you are referring to the republicans as the teacher since they believe tax cuts and free markets and deregulation will save the world.
lnqusitor 6 months ago
@lnqusitor HAha yeah i know what you mean, out of touch professors are notorious die hard republicans. I know all mine are. Fuck free markets.. everyone with a brain knows nepotism and committees are the best way to run an economy.
xXcontrolldeniedXx 6 months ago
@xXcontrolldeniedXx Hohoho do I detect a closet economist there?
lnqusitor 6 months ago
@lnqusitor wow, you're not as dumb as your comments would leave one to believe. Good for you
xXcontrolldeniedXx 6 months ago
@xXcontrolldeniedXx What business have you ever started up and ran successfully? When the USA wasn't having all these regulations and taxes, our companies weren't going overseas. Don't tell me what everyone with a brain knows you jealous, worries about what the other guy makes person. I came out of the dirt, poor as hell, and now the government wants to punish me for the chances I took with all the money I had. Shame on you. It sickens me you have the same vote in elections I do.
StanBennet 6 months ago
@StanBennet i've started 2 businesses and i'm also attending college majoring in economics. I think you should sharpen your reading skills because i was mocking the douche who was talking out his ass above me here. I've always said, each side of politics has it's own worst enemies and usually it's own members. You and your ignorance are living proof. Sorry to be the bearer of bad news but you just made an ass of yourself.
xXcontrolldeniedXx 6 months ago
@xXcontrolldeniedXx Since you hate free markets so much, you preffer the government make all the decisions for everybody else? Everybody is so stupid except our fantastic politicians? You want nepotism and committees, those are government agencey beaurocrats. Sometimes I get pissed at Republicans for not doing enough about it, but they don't hold a candle compared to Democrats for that kind of thing.
mojothemigo 6 months ago
@mojothemigo Are you to stupid to read all my posts or are you pretending to be stupid to make republicans look dumb? Who in their right mind would say nepotism is good and not be sarcastic about it? are you that fucking dumb?
xXcontrolldeniedXx 6 months ago
@xXcontrolldeniedXx I knew what you meant, you were calling Republicans on nepotism and committee. I was trying to make the point that the socialist standards are much more so that way. You are too much of a stupid, cock sucking son of a bitch to know what I was talking about. Please jump off a cliff
mojothemigo 6 months ago
@mojothemigo wrong asshole, i was mocking the other douche. It's called sarcasm numbnuts. Omg, you don't even realize how stupid you are do you? Maybe you can get someone with reading comprehension skills past that of a 10 year old to read the rest of my comments and explain it to you. you could start with the post i left were i explain the same thing to another retard.
xXcontrolldeniedXx 6 months ago
I absolutely love the fiery political debate going on on this video. The dudes ranting back and forth on right and left wing politics look so friggin stupid, battling it out while a stuck-up economics professor tells us about Widgets and Mellon defeats his every point. Some folks just don't know when to chuck the politics and take a joke.
Jurassic0Al 11 months ago
This is exactly what's wrong with the current administration. It's run by academics and people with no experience in the real world running any type of business whatsoever. I'm saying this and I'm a Democrat!
moonrunrs 11 months ago 3
Real World is Mellon - the professor is in fantasy land
RM4FS 11 months ago 2
I remember seeing this in the theater back in the 80s and I laughed my ass off at the Fantasyland remark, my stomach hurt. Rodney was a treasure...I sure hope there's a Heaven and he's finally getting some respect up there.
Torgo1969 11 months ago 2
It doesn't matter.. tell that to the bank.
Spencerthemam17 11 months ago
if only he was my economics teacher
121121123 1 year ago 3
so true so true...
tocolormemucsic44 1 year ago
What's the product? How about ELECTRIC CARS or WINDMILL FARMS or a Solar powered MONORAIL? Good luck keeping those manufacturing costs down :)
TheEleventhIndian 1 year ago 5
Bribes, kickbacks and payoffs might very well be a long established part of the legitimate business world.
bruinsfleetcommander 1 year ago
Mr. Melon should teach Finances In The Real World 101 in every institution across the planet starting from grade schools so people won't get screwed.
amazingdany 1 year ago
We are actually in Fantasyland, and have been since 2007, no matter how many digits the Wizard Academic at the Fed creates out of thin air.
gringott12 1 year ago
Widgets are real now buddy!
Ontherailtvdvd 1 year ago
@donrondadon - I have mo work experience in academia and just studying about teaching doesn't make me a teacher. If one has been ensconced in the halls of academia they have no business teaching business. Other posts in this section echo that sentiment. Earlier in the movie Rodney tells the uppity prof "guys like you have a place to teach because guys like me donate buildings". Owned!
szqsk8 1 year ago
Those who do not do...teach
Those who can teach and entertain are legend. R.I.P. Rodney
TheEleventhIndian 1 year ago
Whats a Widgit????
culayta 1 year ago