news.yahoo.com— Crisscrossing the country in corporate jets may no longer fly in Detroit after car executives got a dressing down from Congress. But on Wall Street, the coveted executive perk has hardly been grounded.
Dec 21, 2008View in Crawl 4
Uh, you talk to UAW and ask them about that. You are talking out of your fanny.I've been to a GM foundry in Saginaw, Michigan where the workers work a dangerous environment (lessened by NIOSH standards and improved plant design) and were on average 55 years old. Most had some form of cumulative trauma disorder in the shoulders, wrists, or lumbar region. They are tenured well beyond the '10 years ago' bullcrap that you're shoveling. Don't sit there and try to paint a picture in others that unionized auto workers sit there and press buttons like Starbucks employees to operate scores of robots to manufacture cars, end-to-end. That is simply not the case.
It's not okay for the U.S. public to have a say in how these companies who received billions of tax payer dollars carry on. But, it's perfectly okay to say a worker is getting paid too much money and has too good of benefits so they need to be adjusted down to a similar worker for a foreign company, making less money and benefits. From what I've read Asian and European CEO's make considerably less money than their U.S. counterparts. I guess what's good for the goose is good for the gander. Their pay scales need to come down to their foreign equivalent as well.
You're right about that, they probably have to visit China, India, Vietnam, Sri Lanka, and wherever else they get their cheap labor. Then again why don't they do like so many financial turds did, move there. Those guys were selling everything they had and flocking to Hong Kong to be where the action was.
@brokensystem:I almost agree with you. They need to be paid in line with the performance of their company. 8 years of declining sales don't warrant a bonus. Steve Jobs deserves a boatload of cash. The guy who runs Circuit City, not so much.
koreaDec 22, 2008
Uh, you talk to UAW and ask them about that. You are talking out of your fanny.I've been to a GM foundry in Saginaw, Michigan where the workers work a dangerous environment (lessened by NIOSH standards and improved plant design) and were on average 55 years old. Most had some form of cumulative trauma disorder in the shoulders, wrists, or lumbar region. They are tenured well beyond the '10 years ago' bullcrap that you're shoveling. Don't sit there and try to paint a picture in others that unionized auto workers sit there and press buttons like Starbucks employees to operate scores of robots to manufacture cars, end-to-end. That is simply not the case.
brokensystemDec 23, 2008
It's not okay for the U.S. public to have a say in how these companies who received billions of tax payer dollars carry on. But, it's perfectly okay to say a worker is getting paid too much money and has too good of benefits so they need to be adjusted down to a similar worker for a foreign company, making less money and benefits. From what I've read Asian and European CEO's make considerably less money than their U.S. counterparts. I guess what's good for the goose is good for the gander. Their pay scales need to come down to their foreign equivalent as well.
brokensystemDec 23, 2008
You're right about that, they probably have to visit China, India, Vietnam, Sri Lanka, and wherever else they get their cheap labor. Then again why don't they do like so many financial turds did, move there. Those guys were selling everything they had and flocking to Hong Kong to be where the action was.
jbmcbDec 23, 2008
@brokensystem:I almost agree with you. They need to be paid in line with the performance of their company. 8 years of declining sales don't warrant a bonus. Steve Jobs deserves a boatload of cash. The guy who runs Circuit City, not so much.
honeybrassDec 23, 2008
This is why they should have been let fail.
guk6kkDec 23, 2008
Why can't those assh**es use their own personal funds to travel? I mean...is 300k per year that much when they earn over $20-60 million per year?!?