The Steampunk World
Here I am, posting twice today. But that's the limit! You're allowed a what-I-did-yesterday post, and a heres-a-wacky-link post. That's it.
Thought this article from Forbes was pretty funny. It's the top paid executives in 2001 and how much they made versus how much they made their company. Number one is Larry Ellison of Oracle, who made $340,000 an hour and dropped the company's stock value by 25%.
The article 101 Dumbest Moments In Business is full of companies paying top execs fat cash while dicking over other employees. Enron shows up 15 times. My favorite is when they paid $200,000 for their executive suite in Enron field "due to contractual obligations" while skipping out of a $200,000 commitment to the Boys and Girls club. So compassionate!
These business hijinks are too funny for me to get angstyradicalpreachy right now. But think of it from the perspective of Joe Sixpack, average 'mericans like you and I. Companies are increasingly cutting jobs in the U.S. and sending them overseas in order to "remain competitive". Meanwhile they're paying their top execs A BILLION DOLLARS a year. The "Wake of 9-11" (gawd that phrase is getting on my nerves) is just another excuse to cut jobs... remember when United's mechanics went on strike and Dubya forced them to work anyway? That's reassuring. Firestone's hundreds of deaths due to crappy tires? Those tires were made by scabs that the comp'ny brought in after the workers struck. Greeeeat. Lots of companies are outsourcing customer service to India. I'm sure that will lead to my getting my telecom issues resolved easier. So you send these jobs to India, you've got a small crowd of disgustingly rich executives, and who's left to buy the products the companies are making? How is this good for our economy? They're digging out from underneath themselves. There is no recession, just a widening gap between the rich and the poor. It's being passed off as a result of terrorist attacks that themselves were a result of the same damn rich folks trying to steal from the poor and give to the rich in other countries.
Something tells me folks aren't going to put up with it much longer.
Thought this article from Forbes was pretty funny. It's the top paid executives in 2001 and how much they made versus how much they made their company. Number one is Larry Ellison of Oracle, who made $340,000 an hour and dropped the company's stock value by 25%.
The article 101 Dumbest Moments In Business is full of companies paying top execs fat cash while dicking over other employees. Enron shows up 15 times. My favorite is when they paid $200,000 for their executive suite in Enron field "due to contractual obligations" while skipping out of a $200,000 commitment to the Boys and Girls club. So compassionate!
These business hijinks are too funny for me to get angstyradicalpreachy right now. But think of it from the perspective of Joe Sixpack, average 'mericans like you and I. Companies are increasingly cutting jobs in the U.S. and sending them overseas in order to "remain competitive". Meanwhile they're paying their top execs A BILLION DOLLARS a year. The "Wake of 9-11" (gawd that phrase is getting on my nerves) is just another excuse to cut jobs... remember when United's mechanics went on strike and Dubya forced them to work anyway? That's reassuring. Firestone's hundreds of deaths due to crappy tires? Those tires were made by scabs that the comp'ny brought in after the workers struck. Greeeeat. Lots of companies are outsourcing customer service to India. I'm sure that will lead to my getting my telecom issues resolved easier. So you send these jobs to India, you've got a small crowd of disgustingly rich executives, and who's left to buy the products the companies are making? How is this good for our economy? They're digging out from underneath themselves. There is no recession, just a widening gap between the rich and the poor. It's being passed off as a result of terrorist attacks that themselves were a result of the same damn rich folks trying to steal from the poor and give to the rich in other countries.
Something tells me folks aren't going to put up with it much longer.
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