meazza Posted November 17, 2012 Share Posted November 17, 2012 I agree 100%, but if your bank said you could keep your job with (let's say) a 20% hit in salary, or maybe you'd no longer get medical benefits for life, maybe you'd have to think about that long and hard, if there were few options for a new job. I would refuse without a doubt. That being said I have options and a great rainy day fund. Link to comment Share on other sites More sharing options...
Doc Posted November 17, 2012 Share Posted November 17, 2012 People sometimes need to learn the hard way. Link to comment Share on other sites More sharing options...
tomato can Posted November 17, 2012 Share Posted November 17, 2012 A lot of companies do that, not just Hostess, since they'd rather their driver get his deliveries done, than spend time in the store stocking shelves when they can hire someone cheaper for that duty. Meanwhile, at Walmart..... Wal-Mart workers plan Black Friday walkout NEW YORK (CNNMoney) -- A group of Wal-Mart workers are planning to stage a walkout next week on Black Friday, arguably the biggest holiday shopping day for the world's largest retail store. The walkout builds on an October strike that started at a Wal-Mart in Los Angeles and spread to stores in 12 other cities. More than 100 workers joined in the October actions. Workers at LAX also..... http://losangeles.cbslocal.com/2012/11/16/thousands-of-lax-workers-set-for-walkout-on-thanksgiving-eve/ Link to comment Share on other sites More sharing options...
IDBillzFan Posted November 18, 2012 Share Posted November 18, 2012 Workers at LAX also..... http://losangeles.cb...anksgiving-eve/ That's awesome. I hope each and every one of them strikes at Wal Mart and LAX and anywhere else they can muster support. I'm certain they'll get precisely what they want. Because everyone knows it would be IMPOSSIBLE to replace WalMart and LAX employees. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted November 18, 2012 Share Posted November 18, 2012 LAX would be difficult, because to replace them, they'd have to shut down the airport and build a new one. Link to comment Share on other sites More sharing options...
Koko78 Posted November 18, 2012 Share Posted November 18, 2012 Why would they want to tank the company? You do realize that with no company that $2.55 mil salary goes away right? Common sense doesn't seem to be his strong suit. Link to comment Share on other sites More sharing options...
....lybob Posted November 18, 2012 Share Posted November 18, 2012 To the CEO salary vs. labor dispute: It's a simple supply and demand situation. People who drive trucks, bake bread, and stand on assembly lines are 100% fungible. They could be replaced by a !@#$ing monkey, and aren't a value add to the company. They are essentially machine parts whose greatest contribution is being affordable, and showing up every day. In down economies they become even more replacable as the pool of fungible labor grows. On the other hand, CEOs who can rescue a large company from bankruptcy are few and far between, and the compensation package nessecary to attract these types of individuals must be competitive with other companies, and account for scarcity. The CEO is valuable and the laborer is not. End of story. and you wonder how your CEO candidate and his Ayn Rand fan boy sidekick lost. Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted November 18, 2012 Share Posted November 18, 2012 (edited) Why would they want to tank the company? You do realize that with no company that $2.55 mil salary goes away right? They were making 750 at first... They knew that 2.55 was unsustainable... Only worth 750... Company was doomed... They grabbed what they could... Like a person getting ready to file bankruptcy and right before goes on a spending spree, maxing out cards. How long can one live on 2.55 million after a year ago they were making 750K... Most likely their lifestyle didn't change in a year... But got a ton of money more now... Like GBiD posted, union was pretty effed up... No doubt... They seen the writing on the wall and took the money grab! I would not be so hard on them if they didn't just take a 3.5 times raise! See, it all comes back to 3.5!!! Edited November 18, 2012 by ExiledInIllinois Link to comment Share on other sites More sharing options...
outsidethebox Posted November 18, 2012 Share Posted November 18, 2012 They were making 750 at first... They knew that 2.55 was unsustainable... Only worth 750... Company was doomed... They grabbed what they could... Like a person getting ready to file bankruptcy and right before goes on a spending spree, maxing out cards. How long can one live on 2.55 million after a year ago they were making 750K... Most likely their lifestyle didn't change in a year... But got a ton of money more now... Like GBiD posted, union was pretty effed up... No doubt... They seen the writing on the wall and took the money grab! I would not be so hard on them if they didn't just take a 3.5 times raise! See, it all comes back to 3.5!!! The same thing is happening. at Kodak. The bonuses given out to upper management while the company teeters on bankruptcy is unbelievable. Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted November 18, 2012 Share Posted November 18, 2012 The same thing is happening. at Kodak. The bonuses given out to upper management while the company teeters on bankruptcy is unbelievable. Exec severance! How long can somebody live on 2.55 MILLION... Almost ALL don't make that in a lifetime! That is like me getting ready to file bankruptcy (or visioning the need in the future) and going out and jacking up my AMEX card... Then file! Some clown here claims they have "creditors"... Wow... he would have to be an utter fool to go into hock making that big money! Maybe, just MAYBE... That is why they ran the company into the ground! They were at the helm... And they want to blame others. "We can't do this. We can't do that. The union is too oppressive." Pure unaccountable BS. They took their money in the grab and ran! "Captain going down w/the ship is not in their vocabulary." "Every scab @ the top for themselves." The top brass should hook up w/the captain of the Costa Concordia... Personalities would be compatible! Link to comment Share on other sites More sharing options...
Nanker Posted November 18, 2012 Share Posted November 18, 2012 Then you must be out-of-your skin wild about the money BO is spreading out to his friends and donors while the country is running pell-mel toward the fiscal cliff. Big bonuses to the top 5 execs at the USPS - which lost 15.9 BILLION dollars last year alone. Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted November 18, 2012 Share Posted November 18, 2012 (edited) Then the same retread execs will get hired somewhere else... Have big bucks to remain relevant and buy the politicicans in the name of the company... Then people blame the politicians. Yeah... Maybe I lean commie/socialist... But if you really want to change the system... Start sucking SOME the wealth out of the game. How much of that 2.55 million is going into a bank account and making a run for something. It sure is not going to Walmart to buy shoes for her children! Then you must be out-of-your skin wild about the money BO is spreading out to his friends and donors while the country is running pell-mel toward the fiscal cliff. Big bonuses to the top 5 execs at the USPS - which lost 15.9 BILLION dollars last year alone. YES I am! Still he does want to redistribute... Better than the rest and most certainly Romney, who would do exactly what this exec is doing! Proof is in the pudding... Is the PO constitutionally madated?... It will NEVER go away like your Twinkies, Donettes, and Ding Dongs! Edited November 18, 2012 by ExiledInIllinois Link to comment Share on other sites More sharing options...
Doc Posted November 18, 2012 Share Posted November 18, 2012 and you wonder how your CEO candidate and his Ayn Rand fan boy sidekick lost. I don't wonder. People are dumb. Then you must be out-of-your skin wild about the money BO is spreading out to his friends and donors while the country is running pell-mel toward the fiscal cliff. Big bonuses to the top 5 execs at the USPS - which lost 15.9 BILLION dollars last year alone. Naw, that's okay because Barry did it, and he's a swell guy who seems like he cares. Link to comment Share on other sites More sharing options...
3rdnlng Posted November 18, 2012 Author Share Posted November 18, 2012 Then the same retread execs will get hired somewhere else... Have big bucks to remain relevant and buy the politicicans in the name of the company... Then people blame the politicians. Yeah... Maybe I lean commie/socialist... But if you really want to change the system... Start sucking SOME the wealth out of the game. How much of that 2.55 million is going into a bank account and making a run for something. It sure is not going to Walmart to buy shoes for her children! YES I am! Still he does want to redistribute... Better than the rest and most certainly Romney, who would do exactly what this exec is doing! Proof is in the pudding... Is the PO constitutionally madated?... It will NEVER go away like your Twinkies, Donettes, and Ding Dongs! You are a clown, and once again haven't been keeping pace. Did you fail to read the following that points out the simple facts that the business had heavy Democrat involvement? http://newsbusters.org/node/60489 Yesterday, AFL-CIO head Richard Trumka may have broken a modern record for chutzpah exhibited by a labor leader Friday in criticizing management's decision at bankrupt snack maker Hostess Brands to liquidate in the wake of irreconcilable issues with its unions. In a Friday afternoon report at Politico, Kevin Cirilli not only let Trumka get away with it; he also lent the labor leader's contentions additional misleading support. Trumka blamed the company's apparently imminent demise on "Bain-style Wall Street vultures." He wants everyone to believe that it's greedy, eeeevil Republican private-equity types who are on the brink of putting yet another company out of business. The "clever" framing of that quoted phrase appears to indicate that Trumka already knew better. It seems very likely that Cirilli also knew better. Three hours before the initial time stamp of Cirilli's report, Zero Hedge re-exposed the heavy involvement of D-D-D-Democrats in Hostess's management and advisors originally documented way back in july at CNNMoney by David Kaplan Read more: http://newsbusters.org/node/60489#ixzz2CaHO4FVz Link to comment Share on other sites More sharing options...
/dev/null Posted November 18, 2012 Share Posted November 18, 2012 Yeah... Maybe I lean commie/socialist... But if you really want to change the system... Start sucking SOME the wealth out of the game. That's what I've always suspected of Lefties. They don't care about lifting people up, only dragging others down. Misery loves company Link to comment Share on other sites More sharing options...
IDBillzFan Posted November 18, 2012 Share Posted November 18, 2012 Then you must be out-of-your skin wild about the money BO is spreading out to his friends and donors while the country is running pell-mel toward the fiscal cliff. Big bonuses to the top 5 execs at the USPS - which lost 15.9 BILLION dollars last year alone. No, no, that's different, see? See… you gotta make my bunk. See, we’re in Italy. The guy on the top bunk, he’s gotta make the guy on the bottom’s bunk… he’s gotta make his bed, all the time. See, it’s in the regulations. See, if we were in Germany, I’d have to make yours. But we’re in Italy, so you gotta make mine. Regulations. That's what I've always suspected of Lefties. They don't care about lifting people up, only dragging others down. Misery loves company When no one is rich, everyone is rich. Link to comment Share on other sites More sharing options...
outsidethebox Posted November 18, 2012 Share Posted November 18, 2012 That's what I've always suspected of Lefties. They don't care about lifting people up, only dragging others down. Misery loves company Are the big wigs at hostess lifting people up when they took the money and ran? You republicans accuse democrates of letting there emotions do there thinking. But that tired old "dragging people down" is a purely emotional responder. Link to comment Share on other sites More sharing options...
IDBillzFan Posted November 18, 2012 Share Posted November 18, 2012 Are the big wigs at hostess lifting people up when they took the money and ran? Ummm, the big wigs at Hostess didn't run anywhere. They were right where they were every day. At work. The employees left because their big wig union bosses told them to. No employees, no revenue. No revenue, no company. But you keep trying to blame this on the greedy, evil (Democratic) bigwigs and not the chuckleheads who somehow think the lives of 18,000 workers and their families are in a better place today because of their union big wig. Or better yet, have them buy up the Hostess assets, start up their own company, and then they can treat their employees the way they always dreamed. I mean, what's holding them back? Link to comment Share on other sites More sharing options...
/dev/null Posted November 18, 2012 Share Posted November 18, 2012 Are the big wigs at hostess lifting people up when they took the money and ran? You republicans accuse democrates of letting there emotions do there thinking. But that tired old "dragging people down" is a purely emotional responder. First, I'm not a Republican. But since I'm not a Democrat either, in your partisans eyes if you're not one of us then you must be one of them. Second, how else would you explain the line But if you really want to change the system... Start sucking SOME the wealth out of the game? I see it as a partisan who wants to destroy the wealth of others in order to bring about a system he wants Link to comment Share on other sites More sharing options...
outsidethebox Posted November 18, 2012 Share Posted November 18, 2012 Ummm, the big wigs at Hostess didn't run anywhere. They were right where they were every day. At work. The employees left because their big wig union bosses told them to. No employees, no revenue. No revenue, no company. But you keep trying to blame this on the greedy, evil (Democratic) bigwigs and not the chuckleheads who somehow think the lives of 18,000 workers and their families are in a better place today because of their union big wig. Or better yet, have them buy up the Hostess assets, start up their own company, and then they can treat their employees the way they always dreamed. I mean, what's holding them back? Why do you have so much disdain for american workers? Link to comment Share on other sites More sharing options...
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