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Eisboch[_4_] Eisboch[_4_] is offline
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First recorded activity by BoatBanter: Dec 2008
Posts: 1,521
Default 9.5 WHOO-EEE, way to go DUDE


"HK" wrote in message
m...


Richard, how do you propose eradicating the greed of corporations and
their senior employees? I know one way...mandatory nearly confiscatory
taxes on ALL income, whatever the source, above a certain amount, strict
limitations on bonuses, and no deferral of income.

That might lead to a corporate executive class as incompetent as the one
we have now, though, eh?




We will never agree on this. You come from a background of union
organizing and restrictive ideas on business. Management is the enemy.

I come from a entrepreneurial spirit, arrived at following many years of
working for a weekly paycheck. My income was within a generally accepted
bracket for the technical discipline I worked in.

I woke up one day when I attended a dinner function at a major corporation
located nearby to us. We sat at reserved tables and one of the people at
ours was a 30 year veteran of the company. I asked him, "What was your
original job at XYZ Corp, 30 years ago?"

He answered, "I was hired as a purchasing agent."

"And what is your position now?" I asked.

His response: "Senior purchasing agent".



I feel people should have the right to go for the brass ring and earn as
much money as they desire as long as it is done legally and within generally
accepted moral standards, meaning you don't screw someone else to make
yours. It creates jobs, fuels the economy and generates disposable income
in the pockets of many. If that is trickle down economics, I'll take it,
thank you.


There are many large, public companies that continue in that tradition. In
fact most of them do.
The ones we hear about in the media are in the minority. A;so, don't ignore
the hand that the politicians in DC had in the mess created by some of the
actions of these "bad" corporations.

Why punish all for the actions of some?

Eisboch