RE: 10 Ceos, have to cut 47,850 jobs!!

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RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 8:54:22 AM

Lucylastic

Posts: 40310
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quote:

ORIGINAL: Sanity

Of course not dear, youre never interested in a civil debate

Like most leftists here youre only interested in ad hominems and derails

you are so boring and repetitive
I wish I could join in your joyful ignorance but
Im not playing with you tho today tom, you are beyond redemption.

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(in reply to Sanity)

Post #: 101

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 9:00:38 AM

mnottertail

Posts: 60698
Joined: 11/3/2004
Status: offline

quote:

ORIGINAL: Sanity

Thats how we got to where we are at

Perhaps we should ease up on some of the "regulation"

Invite more greed in

quote:

ORIGINAL: mnottertail

No need to cure it, hasn't been classified as a disease; regulate it.

No, unciteable, unrealistic and totally disprovable asswipe. We just gave in to some of the greed and it got us in more fucking trouble, they ran with it and are going to suck us dry as long as they can . And it did the last time the neo-cons sold us that sack of shit, and the time before and before.

Do you by example think that anyone here should say to anyone else anything they want? If we deregulate it, do you think everyone will all of a sudden say, gosh....I am going to do nothing but good, or do you think they will call teabaggers exactly what they are, Tom?

Think about the fatal flaws in your rhetoric, because there is no reason or logic base in it.

< Message edited by mnottertail -- 5/17/2011 9:02:37 AM >

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(in reply to Sanity)

Post #: 102

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 9:04:42 AM

Moonhead

Posts: 16520
Joined: 9/21/2009
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quote:

ORIGINAL: cuckoldmepls

If you don't cut jobs and make your company more efficient then you will end up losing market share...

No, you'll lose money. That isn't the same thing as market share at all.

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(in reply to cuckoldmepls)

Post #: 103

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 9:25:40 AM

samboct

Posts: 1817
Joined: 1/17/2007
Status: offline

Sanity

In case you hadn't noticed-most businesses use less energy/$ than they did even 20 years ago. Energy costs are in the noise for producing chips or software- although data centers are another issue. But although the US links GDP and energy, most other countries don't. The biggest growth in energy use has been residential/office air conditioning- and I don't think that really affects businesses much. In short- most businesses could actually tolerate a higher energy bill- which would reduce the burden on the taxpayer which has been subsidizing these large corporations.

Moonhead- "That was historically the case, but the plug has largely been pulled on heavyweight underwriting the nuke industry since the end of the arms race back in the '90s. The majority of the remaining subsidies are the ones that are providing somebody with a sinecure in order to administrate them."

Umm- no. Chaim Braun of some Stanford Nuclear Energy think tank told us a year or so ago (in his nice Henry Kissinger like accent) zat nuklear power plants are machines fur printing money. Zere are only two major costs: operating expenses of verkers und fuel, und ze capital costs of construction. Omitted are the costs of insurance. waste disposal and decomissioning which are borne by the ever screwed US taxpayer.

Sam

< Message edited by samboct -- 5/17/2011 9:26:21 AM >

(in reply to cuckoldmepls)

Post #: 104

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 10:19:45 AM

WyldHrt

Posts: 6412
Joined: 6/5/2008
Status: offline

quote:

Our prohibitively high minimum wage, or none.

quote:

The federal minimum wage for covered nonexempt employees is $7.25 per hour effective July 24, 2009.

http://www.dol.gov/dol/topic/wages/minimumwage.htm
Yeah, that explains all the McDonalds employees I see at the local yacht club.

< Message edited by WyldHrt -- 5/17/2011 10:20:37 AM >

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(in reply to Sanity)

Post #: 105

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 11:00:56 AM

Sanity

Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
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A lot of entry level / lower IQ workers arent worth that and so they dont get hired at all

There are a lot of very good arguments against the minimum wage laws, but that discussions a hijack isnt it

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Post #: 106

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 11:53:14 AM

rulemylife

Posts: 14614
Joined: 8/23/2004
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quote:

ORIGINAL: Sanity

A lot of entry level / lower IQ workers arent worth that and so they dont get hired at all

There are a lot of very good arguments against the minimum wage laws, but that discussions a hijack isnt it

Damn straight!

We sure don't want to be paying those useless fucks $7.25 an hour.

I mean that's $290 a week, and over $1100 a month.

What do those greedy bastards do with the almost $14,000 they earn in one year?

If we cut more of these useless people out of the workforce we can boost the salaries of those who create jobs.

(in reply to Sanity)

Post #: 107

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 11:57:45 AM

Lucylastic

Posts: 40310
Status: offline

You mean the CEO's will get 18 million next year ?
YAY

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Post #: 108

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 12:05:56 PM

rulemylife

Posts: 14614
Joined: 8/23/2004
Status: offline

quote:

ORIGINAL: willbeurdaddy

quote:

ORIGINAL: Lucylastic

the fact it goes over your head is not a big surprise.
17 million a year while cutting jobs is totally fair to you
Thats ONE mans wages, not shareholders, not a dept expense account, that is a single person.
this is fine with you
I wish I could join in your joyful ignorance
Im not playing with you tho today tom, you are beyond hope
have fun

No, it goes over your head. MAKING MAXIMUM PROFITS IS THEIR JOB. PEOPLE GET PAID FOR DOING A GOOD JOB.

No. it goes over your head.

Productivity has consistently risen while employee wages have remained virtually stagnant.

Meanwhile management compensation has gone off the charts.

And you think this is a sustainable situation?

(in reply to willbeurdaddy)

Post #: 109

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 2:21:25 PM

willbeurdaddy

Posts: 11894
Joined: 4/8/2006
Status: offline

quote:

ORIGINAL: rulemylife

No. it goes over your head.

Productivity has consistently risen while employee wages have remained virtually stagnant.

Meanwhile management compensation has gone off the charts.

And you think this is a sustainable situation?

Yes it is sustainable. Why has productivity gone up? Because workers are suddenly so much more educated, dedicated or talented, and deserve more money? No, its gone up because technology has allowed the same or less educated workers do a better job.

Guess where the technology came from? Higher paying jobs at other companies.

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Post #: 110

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 3:20:48 PM

Edwynn

Posts: 4105
Joined: 10/26/2008
Status: offline

The wage level is determined by marginal productivity of labor, there being a positive correlation between the two. Marginal productivity of labor increases with improved technology.

There are several ways to counteract that economic formula. The two most popular ones lately are to increase the labor force (immigration) and to outsource jobs. Wages remain flat, even with increased marginal product of labor. Mission accomplished.

Workers in many fields are more highly trained for similar jobs than in the past due to requirements of technological advance. e.g., where once upon a time knowing how to operate a typewriter and/or ten key machine took care of all of it, one is today expected to know the same functional operations as before, but now with MS Word, PP, Excel, etc. in the same office environment.

Improved technology can increase speed or output and can make particular tasks easier, but this means that a greater number of tasks are possible in a given time. Historically, increased technology does not decrease the need for competency of workers overall, rather the opposite, and neither does it decrease workload.

< Message edited by Edwynn -- 5/17/2011 4:25:50 PM >

(in reply to willbeurdaddy)

Post #: 111

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 4:27:08 PM

Edwynn

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Joined: 10/26/2008
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wrong key for edit

ooops

< Message edited by Edwynn -- 5/17/2011 4:28:17 PM >

(in reply to Edwynn)

Post #: 112

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 6:20:48 PM

kalikshama

Posts: 14805
Joined: 8/8/2010
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(in reply to Lucylastic)

Post #: 113

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/17/2011 11:20:30 PM

WyldHrt

Posts: 6412
Joined: 6/5/2008
Status: offline

quote:

Damn straight!
We sure don't want to be paying those useless fucks $7.25 an hour.
I mean that's $290 a week, and over $1100 a month.
What do those greedy bastards do with the almost $14,000 they earn in one year?
If we cut more of these useless people out of the workforce we can boost the salaries of those who create jobs.

I very rarely agree with you, RML, but you nailed this one for sure.

quote:

A lot of entry level / lower IQ workers arent worth that and so they dont get hired at all

Spoken like someone who has never attempted to make ends meet working for minimum wage.

< Message edited by WyldHrt -- 5/17/2011 11:26:50 PM >

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"MotherFUCKER!" is NOT a safeword!!"- Steel
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Resident "Hypnotic Eyes", "Cleavage" and "Toy Whore"
Subby Mafia, VAA Posse & Team Troll!

(in reply to rulemylife)

Post #: 114

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/18/2011 12:39:05 AM

Edwynn

Posts: 4105
Joined: 10/26/2008
Status: offline

You have to keep in mind, if we're going by IQ for pay, at minimum wage the person who posted that would be getting about $7.00/hr. over and above what would be appropriate if hired.

(in reply to WyldHrt)

Post #: 115

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/18/2011 4:45:08 AM

Moonhead

Posts: 16520
Joined: 9/21/2009
Status: offline

quote:

ORIGINAL: willbeurdaddy
Guess where the technology came from? Higher paying jobs at other companies.

You're taking the piss, aren't you?
Outside of Germany, practically no CEOs have engineering or technical qualifications rather than management/finance ones. I'd hope the people who design industrial machinery get paid more than minimum wage, but they're not on the board of most American companies.

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(in reply to willbeurdaddy)

Post #: 116

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/18/2011 4:46:49 AM

Moonhead

Posts: 16520
Joined: 9/21/2009
Status: offline

quote:

ORIGINAL: samboct
Moonhead- "That was historically the case, but the plug has largely been pulled on heavyweight underwriting the nuke industry since the end of the arms race back in the '90s. The majority of the remaining subsidies are the ones that are providing somebody with a sinecure in order to administrate them."

Umm- no. Chaim Braun of some Stanford Nuclear Energy think tank told us a year or so ago (in his nice Henry Kissinger like accent) zat nuklear power plants are machines fur printing money. Zere are only two major costs: operating expenses of verkers und fuel, und ze capital costs of construction. Omitted are the costs of insurance. waste disposal and decomissioning which are borne by the ever screwed US taxpayer.

Sam

Fair enough, Sam. I was thinking more of the fact that your government's no longer springing for construction and fuel costs as well as the other, to be honest.

_____________________________

I like to think he was eaten by rats, in the dark, during a fog. It's what he would have wanted...
(Simon R Green on the late James Herbert)

(in reply to samboct)

Post #: 117

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/20/2011 10:07:46 PM

graceadieu

Posts: 1518
Joined: 3/20/2008
From: Maryland
Status: offline

Skipping most of the replies..... This sort of thing really is disgraceful.

I work for a really major chain retailer that I haven't seen mentioned. Our sales have been growing the past two years, but our payroll budget hours have been slashed (our store's doing something like +15% in sales over last year with something like -20% in payroll hours), hiring has basically been frozen, performance-based raises have been eliminated for any position below store manager, and cost-of-living and promotion raises have been cut. We can't even get all the store tasks done, let alone train and develop people, because we just don't have the hours.

The CEO and board of directors are raking in the profit, and it's no secret where their million-dollar bonuses and raises are coming from.... but there's only so far companies are going to be able to follow this trend before they really hurt their ability to do business.

(in reply to Lucylastic)

Post #: 118

RE: 10 Ceos, have to cut 47,850 jobs!! - 5/20/2011 10:13:40 PM

willbeurdaddy

Posts: 11894
Joined: 4/8/2006
Status: offline

quote:

ORIGINAL: graceadieu

Skipping most of the replies..... This sort of thing really is disgraceful.

I work for a really major chain retailer that I haven't seen mentioned. Our sales have been growing the past two years, but our payroll budget hours have been slashed (our store's doing something like +15% in sales over last year with something like -20% in payroll hours), hiring has basically been frozen, performance-based raises have been eliminated for any position below store manager, and cost-of-living and promotion raises have been cut. We can't even get all the store tasks done, let alone train and develop people, because we just don't have the hours.

The CEO and board of directors are raking in the profit, and it's no secret where their million-dollar bonuses and raises are coming from.... but there's only so far companies are going to be able to follow this trend before they really hurt their ability to do business.

Are you unionized? What is your company's shareholders' ROI? What are the margins? How much would your wages go up if the CEO took no compensation at all? What other benefits do you have and what has happened to their costs? (And dont make me laugh mentioning the Board, thats just silly given what Directors earn wages wouldnt go up by even a penny an hour if they worked for free.).

< Message edited by willbeurdaddy -- 5/20/2011 10:16:53 PM >

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Hear the lark
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Post #: 119

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