To The Real WOrld (Corporate ToolVille)
Reply to: comm-638366029@craigslist.org
Date: 2008-04-11, 9:00AM CDT
Unions do not solve problems. Wake up! You are pushing for regulated markets (which is pretty much an oxymoron). Corporate greed? Is that all you can whine about? Corporate greed?
Corporations are obligated to maximize stockholders' return. If the corporation doesn't provide enough of a return, then the board (elected by the stockholders) will fire those responsible. Very simple. It has nothing to do with the CEOs being greedy. Only in EXTREMELY rare cases does a CEO have enough votes to set his own salary. The board has to approve it.
But here's the bottom line: you value that money they give you more than you value you the work you give them. Otherwise you wouldn't do it. If you really believed you were more valuable then what they pay you, then you wouldn't work for that pay. Period. That is BASIC economics. You don't go around trading a nickel for another nickel all day. People don't make trades for items of equal value.
How do you make yourself more valuable? Well, find out what the corporation values. Do they value someone who can speak Cantonese? Then learn Cantonese. Do they value someone that can rebuild a four-stroke engine? Then learn how to do that. The problem with the 'worker bees' is that they spend more of their working lives without making themselves more valuable. They expect to get a raise just because they worked somewhere for a year, or for five years.
Do you voluntarily pay your grocer more every few years JUST because he kept selling you groceries? (and no, I'm not talking about cost-of-living increases to offset inflation).
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You are so ignorant of the real world. I have a cousin who was the CFO for Healthsouth in birmingham alabama. Remeber the scandal when Shusty (CEO) was caught doing illegal stuff to pad his pockets??
Here is how the "board" worked. Hey I want a raise. Ill vote you a raise if you vote me a raise. This is from the horses mouth so get a clue. She had to fudge the books so Shusty an her other cronies could steal from that company. They cut benefits and payouts to there customers to make more money. Its the SOP for corporate america. This is whats wrong with healthcare. The corporate pigs have gotten involved and ruined it. Its corporate greed dude so wake up!!!!!
UNIONS NOW!!!!! Unions for all employees so these corporate greedy bastards will wake up too. Id like to see a mechanics union to bury these corporate bastards. They could agree on refusing to fix any executives car until they agree to there demands of a fair wage for themselves and there employees.
A fact... Shusty was raking in 100 million a year or more. Is 100 million a year a fair wage for him to run the company into the ground? No CEO is worth that much. You will enver be able to justify corporate greed.
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PostingID: 638366029