Customers generate profits, nothing else. No customers, no profits.
Rascal
-----Original Message-----
From: owner-dakota-truck@bent.twistedbits.net
[mailto:owner-dakota-truck@bent.twistedbits.net] On Behalf Of Tom Byrne
Sent: Tuesday, February 05, 2008 9:52 PM
To: dakota-truck@dakota-truck.net
Subject: Re: DML: Made in China
The CEO is worth what the stupid board and shareholders will pay him.That
being said, employees don't generate profits. Investors taking risk with
their money to buy shares and bonds to give companies capital to start and
expand businesses generate profits. Decision makers generate profits.
Skilled workers and engineers generate profits. Workers, laborers, are tools
which need to be paid for to produce a product or service. They are
overhead. It is not about who works the hardest, but who works the smartest.
They harder it is to find someone to do the job, they more they get paid. I
work for Citigroup. I get paid more than the janitors, but not as much as
the quant guys with advanced degrees. The janitors work harder than I do.
Should they be paid anything approaching my level? Hell no. It is easy to
get janitors. Should I be paid what the a quant trader? Hell no. The get
paid three or four times what I do and that is fine. I could not do their
jobs. Most people could not so they deserve $500,000 or $600,000 per year.
----- Original Message -----
From: "Terrible Tom" <silvereightynine@aol.com>
To: <dakota-truck-moderator@bent.twistedbits.net>
Sent: Tuesday, February 05, 2008 9:32 PM
Subject: Re: DML: Made in China
>
> jon@dakota-truck.net wrote:
>> "Bernd D. Ratsch" <bernd@dodgetrucks.org> wrote:
>>
>>
>>>It all boils down to the "Bottom Line" - large corporations making big
>>>money
>>>and getting rich off of the little guys. It's the "American Way"...ok,
>>>next
>>>to suing someone for some petty bullshit.
>>
>>
>>
>> If large corporations are getting rich, its because they produce
>> something which is of value to the "little guy". Economics is not the
>> enrichment of one person at the expense of another, its a voluntary
>> exchange of goods or services which both sides consider to be equal in
>> value. Of course, once the government gets involved and the market
>> ceases to become truly free, all bets are off. 100% agreement on your
>> second point though, the desire to get something for nothing and the
>> complete lack of personal responsibility shown by many people is an
>> anathema to all that is decent and good, as well as the principles
>> which founded this country. It reminds me of the (somewhat cliche)
>> question, "What do you call 10,000 trial lawyers at the bottom of the
>> ocean?" where the obvious answer is "A good start." ;-)
>>
>>
>
> I was going to stay outta this one.. oh well
>
> Sorry Jon - you may be correct that corperations get rich because they
> produce goods or services that the little guy uses...and on paper it is an
> exchange of services for monitary funds.. as you say... but that, I
> believe, is an overly simplistic view of corperate america. How it
> operates day to day is not so cut and dry.
>
> Having been employed by no one other than coperations for all of my
> working life (be it a shorter span of time than others here have been
> working) - I have seen the little juicy sides of corperate greed. And its
> impossible to deny that the people with the power and the privilage...
> reap the benefits.
>
> Is the CEO so much more valuable and important a person that he needs his
> 7 figure salery, stock options, bonuses, and perks? Raise gas prices - Mr
> little guy has to spend more money to drive to work to make Mr Corperate
> America rich. The big dogs in corperate america forget that the little guy
> down on the bottom is very important.
>
> Chop the legs off that corperate ladder and the guy standing on the top
> rung falls on his ass.
>
> The gap between the haves and have nots is greater than ever. We have no
> middle class to speak of... Jon Q Public is living off credit cards more
> and more not for toys and electronics, but for groceries and gasoline.
>
> I bust my ass 11-12 hours a day, 7 days a week, get walked all over by my
> customers and I'm expected to smile and say thanks and come again! I'm
> selling the goods! Corperations view their employees as an drain on
> prifots - the employees GENERATE the profits! Without me - Mr Corperate
> America doesn't get his bloody bonuses. Corperations get rich because
> they CAN. And there really is nothing that anyone can do to level the
> playing feild.
>
> With all that said - regardless of which side of the fence a person is
> on - the picture is far bigger in perspective than either you or I have
> touched upon. And frankly I'm starting to adopt an "I don't give a Fhawck
> attitude" - because I'm sick and tired of all the bullshit surrounding our
> economics, politics, and state of affairs in this country.
>
> --
> ------------------------------------------------------------
> An ordinary person spends his life avoiding tense situations!
> Repo man spends his life gettin' IN tense situations!!!
> ------------------------------------------------------------
> TerribleTom - AIM & Yahoo: silvereightynine
> http://www.myspace.com/silvereightynine
> http://members.aol.com/silvereightynine
> ------------------------------------------------------------
>
>
>
This archive was generated by hypermail 2b29 : Sun Mar 02 2008 - 02:10:09 EST