Eisboch wrote:

"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


Actually, I have a "mixed" background, career-wise, with both corporate
and union elements, and have had that "mixture" for decades. I still
consult with the union side (in fact, I spent most of yesterday meeting
with the presidents of three international unions on a new venture), two
of my largest clients these days are corporations in the financial
services sector.

I am unimpressed by much of what I seen in the "corporate world" these
days. Too many corporations and their senior execs are, as you say,
screwing "someone else."

Further, I think corporate salaries and perqs should be seriously
curtailed.