Christmas Humor – Santa Reports First Loss in 150 Years Due to Over Regulation
Here’s an article that pokes fun at over-regulation of businesses. What would happen to Christmas if Santa Claus suddenly was subjected to all the regulations that normal business owners must face? Let’s hope this scenario never comes true!
Christmas Humor – Santa Reports First Loss in 150 Years Due to Over Regulation
By Lance Winslow
It appears that the Santa Claus Corporation is having a tough time competing in the marketplace due to the over regulation that has permeated the North Pole. “This is worse than the global warming theory,” said Santa, “Over regulation is preventing our factories producing all the toys we need to make to get out for 2009 Christmas season. If we don’t finish in time, all is lost and we don’t want to lose our contract for Christmas, especially at a time we just picked up the contract for Hanukkah.”
Currently, Santa Claus Inc. is delivering toys to nearly 1.1 billion children around the world, but since they are in a US territory, they have to deal with the United States Government’s massive over regulation. Chris Kringle VII, the CEO and chairman of the Corporation stated;
“I hate to have to close down the factories, and outsource all the work to China, but I have no choice, our health care costs have tripled, workers compensation has doubled, and I’ve had the EPA, OSHA, and several other regulatory bodies flying up here to the North Pole telling us we’ve been breaking the rules and regulations and then giving us serious fines.”
“All this has cut into our bottom line and we no longer can afford to run the factories 24 seven, pay the elves their overtime, and still comply with the incessant rules. Sarbanes-Oxley has been tough enough,” stated Santa Claus Inc.’s corporate counsel and attorney. The CFO of the company told investors on a conference call that it looks like they would be reporting the first loss in 150 years. Their stock is down 4.25% on the day.
Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes in less regulatory nonsense.
Article Source: http://EzineArticles.com/?expert=Lance_Winslow
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