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#31
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OT--So many great headlines I can't decide which one to post
Calif Bill wrote:
"Harry Krause" wrote in message ... Calif Bill wrote: "jps" wrote in message ... "Calif Bill" wrote in message nk.net... When an H-1 visa engineer that is just as capable as a USA born engineer will work for $60k, you think we can compete in the world market? If we had our **** together and did a decent job of educating our kids, we could be pumping out labor ready technical folks who'd be damned pleased to make $40 to $60K a year. We haven't made the investment in our own educational infrastructure, India obviously has. It's just another example of how we've ceded our competitive edge to others -- in an industry we invented. Stupid. You call me stupid? Read your statement and then go look in the mirror. We seem to have non labor ready carpenters that require 80k a year, longshoreman that require 100k+ and you think a college educated, labor ready person will want to work for 40-60K? It's your own fault you made the wrong career choices. Your reply shows how much out of touch with reality you are. Explain how we are to compete in the world market, given our labor costs. We can start by lowering "executive" salary to no more than several times what the average worker at a corporation makes. -- __________________________________________________ __________ Email sent to will never reach me. |
#32
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OT--So many great headlines I can't decide which one to post
"Harry Krause" wrote in message ... Calif Bill wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "jps" wrote in message ... "Calif Bill" wrote in message nk.net... When an H-1 visa engineer that is just as capable as a USA born engineer will work for $60k, you think we can compete in the world market? If we had our **** together and did a decent job of educating our kids, we could be pumping out labor ready technical folks who'd be damned pleased to make $40 to $60K a year. We haven't made the investment in our own educational infrastructure, India obviously has. It's just another example of how we've ceded our competitive edge to others -- in an industry we invented. Stupid. You call me stupid? Read your statement and then go look in the mirror. We seem to have non labor ready carpenters that require 80k a year, longshoreman that require 100k+ and you think a college educated, labor ready person will want to work for 40-60K? It's your own fault you made the wrong career choices. Your reply shows how much out of touch with reality you are. Explain how we are to compete in the world market, given our labor costs. We can start by lowering "executive" salary to no more than several times what the average worker at a corporation makes. I think that would be a terrific start. Would labor agree to proportional cuts, as well? In other words, would the following hypothetical scenario be agreeable? Management's total income costs a company $500 million dollars split among 500 of its top management. If you cut that by 60%, you've reduced management labor expense to $200 million split among the top management. If labor's total income expense is also $500 million, but it's split among 10000 employees, would they accept a 60% cut in pay? How about a 40% cut? Or even a 10% cut? Probably not...because labor is very short-sighted. |
#33
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OT--So many great headlines I can't decide which one to post
NOYB wrote:
"Harry Krause" wrote in message ... Calif Bill wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "jps" wrote in message ... "Calif Bill" wrote in message nk.net... When an H-1 visa engineer that is just as capable as a USA born engineer will work for $60k, you think we can compete in the world market? If we had our **** together and did a decent job of educating our kids, we could be pumping out labor ready technical folks who'd be damned pleased to make $40 to $60K a year. We haven't made the investment in our own educational infrastructure, India obviously has. It's just another example of how we've ceded our competitive edge to others -- in an industry we invented. Stupid. You call me stupid? Read your statement and then go look in the mirror. We seem to have non labor ready carpenters that require 80k a year, longshoreman that require 100k+ and you think a college educated, labor ready person will want to work for 40-60K? It's your own fault you made the wrong career choices. Your reply shows how much out of touch with reality you are. Explain how we are to compete in the world market, given our labor costs. We can start by lowering "executive" salary to no more than several times what the average worker at a corporation makes. I think that would be a terrific start. Would labor agree to proportional cuts, as well? In other words, would the following hypothetical scenario be agreeable? Management's total income costs a company $500 million dollars split among 500 of its top management. If you cut that by 60%, you've reduced management labor expense to $200 million split among the top management. If labor's total income expense is also $500 million, but it's split among 10000 employees, would they accept a 60% cut in pay? How about a 40% cut? Or even a 10% cut? Probably not...because labor is very short-sighted. Most successful companies overseas allow their chief execs to make only several times the average pay of the people they employ. -- __________________________________________________ __________ Email sent to will never reach me. |
#34
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OT--So many great headlines I can't decide which one to post
"Harry Krause" wrote in message ... NOYB wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "jps" wrote in message ... "Calif Bill" wrote in message nk.net... When an H-1 visa engineer that is just as capable as a USA born engineer will work for $60k, you think we can compete in the world market? If we had our **** together and did a decent job of educating our kids, we could be pumping out labor ready technical folks who'd be damned pleased to make $40 to $60K a year. We haven't made the investment in our own educational infrastructure, India obviously has. It's just another example of how we've ceded our competitive edge to others -- in an industry we invented. Stupid. You call me stupid? Read your statement and then go look in the mirror. We seem to have non labor ready carpenters that require 80k a year, longshoreman that require 100k+ and you think a college educated, labor ready person will want to work for 40-60K? It's your own fault you made the wrong career choices. Your reply shows how much out of touch with reality you are. Explain how we are to compete in the world market, given our labor costs. We can start by lowering "executive" salary to no more than several times what the average worker at a corporation makes. I think that would be a terrific start. Would labor agree to proportional cuts, as well? In other words, would the following hypothetical scenario be agreeable? Management's total income costs a company $500 million dollars split among 500 of its top management. If you cut that by 60%, you've reduced management labor expense to $200 million split among the top management. If labor's total income expense is also $500 million, but it's split among 10000 employees, would they accept a 60% cut in pay? How about a 40% cut? Or even a 10% cut? Probably not...because labor is very short-sighted. Most successful companies overseas allow their chief execs to make only several times the average pay of the people they employ. Care to provide some proof to that claim? You are nothing but a left wing socialist Harry. In your world everyone should make the same and share equally in the wealth, regardless of whose money was originally at or remains at stake to create the wealth. I am glad I don't live in your world. |
#35
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OT--So many great headlines I can't decide which one to post
"Harry Krause" wrote in message ... NOYB wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "jps" wrote in message ... "Calif Bill" wrote in message nk.net... When an H-1 visa engineer that is just as capable as a USA born engineer will work for $60k, you think we can compete in the world market? If we had our **** together and did a decent job of educating our kids, we could be pumping out labor ready technical folks who'd be damned pleased to make $40 to $60K a year. We haven't made the investment in our own educational infrastructure, India obviously has. It's just another example of how we've ceded our competitive edge to others -- in an industry we invented. Stupid. You call me stupid? Read your statement and then go look in the mirror. We seem to have non labor ready carpenters that require 80k a year, longshoreman that require 100k+ and you think a college educated, labor ready person will want to work for 40-60K? It's your own fault you made the wrong career choices. Your reply shows how much out of touch with reality you are. Explain how we are to compete in the world market, given our labor costs. We can start by lowering "executive" salary to no more than several times what the average worker at a corporation makes. I think that would be a terrific start. Would labor agree to proportional cuts, as well? In other words, would the following hypothetical scenario be agreeable? Management's total income costs a company $500 million dollars split among 500 of its top management. If you cut that by 60%, you've reduced management labor expense to $200 million split among the top management. If labor's total income expense is also $500 million, but it's split among 10000 employees, would they accept a 60% cut in pay? How about a 40% cut? Or even a 10% cut? Probably not...because labor is very short-sighted. Most successful companies overseas allow their chief execs to make only several times the average pay of the people they employ. I've always believed that pay should be commensurate not with how hard one works, but with the level of responsibility one has, the number of people that are directly affected by the decisions made by that person, and how difficult it would be to replace that person if they were lost. CEO's have a very high level of responsibility, and their decisions affect tens of thousands of employees, hundreds of thousands of shareholders, and millions of consumers. It takes a special blend of smarts, experience, and charisma to successfully run a company, so it's usually very hard to replace a good CEO. Compare his/her salary to a line worker on an assembly line. They're usually responsible for just a few different tasks. Sure, other employees, shareholders and consumers may be affected by his/her actions. But, other people have designed and built the part he/she is assembling, and he/she is just reading instructions and following through on them. Most of the time he/she could be replaced in a matter of minutes...if it weren't for those pesky unions. ;-) Nevertheless, CEO's are grossly overpaid...but so are *some* union laborers. |
#36
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OT--So many great headlines I can't decide which one to post
Jim - wrote:
Most successful companies overseas allow their chief execs to make only several times the average pay of the people they employ. Care to provide some proof to that claim? Don't be so damned lazy, Dennis. It's out there. It's even been reported in the WSJ any number of times. You are nothing but a left wing socialist Harry. And you are what, Dennis? A right-wing national socialist? Actually, I am not a socialist, but I do believe some aspects of modern European socialism make their societies more advanced than ours. Norwegians, for example, made good livings, have good housing, have unlimited educational opportunities, have first-rate health care, better vacation benefits than we have and retirement income. In this country, we can't even assure our seniors health care and enough food. In your world everyone should make the same and share equally in the wealth, regardless of whose money was originally at or remains at stake to create the wealth. If you think that, you are a real pea brain. Nonetheless, I don't view money as any more valuable or "at stake" than labor. I am glad I don't live in your world. Oh you do, you just haven't figured it out. You are losing. __________________________________________________ __________ Email sent to will never reach me. |
#37
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OT--So many great headlines I can't decide which one to post
Agreed on all accounts.
"." .@. wrote in message ... On Mon, 13 Oct 2003 20:27:30 GMT, "NOYB" wrote: "Harry Krause" wrote in message ... NOYB wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "jps" wrote in message ... "Calif Bill" wrote in message nk.net... When an H-1 visa engineer that is just as capable as a USA born engineer will work for $60k, you think we can compete in the world market? If we had our **** together and did a decent job of educating our kids, we could be pumping out labor ready technical folks who'd be damned pleased to make $40 to $60K a year. We haven't made the investment in our own educational infrastructure, India obviously has. It's just another example of how we've ceded our competitive edge to others -- in an industry we invented. Stupid. You call me stupid? Read your statement and then go look in the mirror. We seem to have non labor ready carpenters that require 80k a year, longshoreman that require 100k+ and you think a college educated, labor ready person will want to work for 40-60K? It's your own fault you made the wrong career choices. Your reply shows how much out of touch with reality you are. Explain how we are to compete in the world market, given our labor costs. We can start by lowering "executive" salary to no more than several times what the average worker at a corporation makes. I think that would be a terrific start. Would labor agree to proportional cuts, as well? In other words, would the following hypothetical scenario be agreeable? Management's total income costs a company $500 million dollars split among 500 of its top management. If you cut that by 60%, you've reduced management labor expense to $200 million split among the top management. If labor's total income expense is also $500 million, but it's split among 10000 employees, would they accept a 60% cut in pay? How about a 40% cut? Or even a 10% cut? Probably not...because labor is very short-sighted. Most successful companies overseas allow their chief execs to make only several times the average pay of the people they employ. I've always believed that pay should be commensurate not with how hard one works, but with the level of responsibility one has, the number of people that are directly affected by the decisions made by that person, and how difficult it would be to replace that person if they were lost. Concerning the CEOs, I'd pay based on the lawful, moral, and successful execution of one's job. Compensation, from the CEO down, ought to have something to do with the profitability of the company. The best CEO on the planet can't operate a company with crappy employees and the employees can't succeed without a successful leader.... this is a balance that shouldn't be ignored. Once you set the stage for adversarial relationship in this arena... you have asked for a loss of production and profitability. Considering some of the shenanigans of CEOs of late and coupled with the platinum parachutes that seem to imply that the bigger mess you leave behind, the greater rewards you are entitled to reap..... Harry might not be all that far off. |
#38
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OT--So many great headlines I can't decide which one to post
"Harry Krause" wrote in message ... Jim - wrote: Most successful companies overseas allow their chief execs to make only several times the average pay of the people they employ. Care to provide some proof to that claim? Don't be so damned lazy, Dennis. It's out there. It's even been reported in the WSJ any number of times. That is your typical response when asked to provide proof. But that dog don't hunt anymore Harry. If you cannot provide the proof I guess I will once again assume you spouted nothing but a lie. |
#39
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OT--So many great headlines I can't decide which one to post
Jim - wrote:
"Harry Krause" wrote in message ... Jim - wrote: Most successful companies overseas allow their chief execs to make only several times the average pay of the people they employ. Care to provide some proof to that claim? Don't be so damned lazy, Dennis. It's out there. It's even been reported in the WSJ any number of times. That is your typical response when asked to provide proof. But that dog don't hunt anymore Harry. If you cannot provide the proof I guess I will once again assume you spouted nothing but a lie. It's not my fault you're an intellectual washout, Dennis. It is well-known that many American corporations grossly overpay their chief execs, and that among many successful European corporations, the multiple of the chief exec's income over that of the average worker doesn't begin to approach the multiple here. As an example, one of the highest paid European execs is Jorma Ollila, the chairman and CEO of Nokia, one of the most the most successful telco equipment manufacturers in the world. In 2002, Ollila earned about $3 million, half from salary, half from bonus. A lot of money, and much more than his average worker, but...the multiple isn't like it is in this country, where the typical corporate CEO at a large company is taking home about 600 times as much as the typical worker. Do something other than skim NewsMax, Dennis. Your ignorance of the real world has to embarrass your family. -- __________________________________________________ __________ Email sent to will never reach me. |
#40
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OT--So many great headlines I can't decide which one to post
"Harry Krause" wrote in message ... Calif Bill wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "jps" wrote in message ... "Calif Bill" wrote in message nk.net... When an H-1 visa engineer that is just as capable as a USA born engineer will work for $60k, you think we can compete in the world market? If we had our **** together and did a decent job of educating our kids, we could be pumping out labor ready technical folks who'd be damned pleased to make $40 to $60K a year. We haven't made the investment in our own educational infrastructure, India obviously has. It's just another example of how we've ceded our competitive edge to others -- in an industry we invented. Stupid. You call me stupid? Read your statement and then go look in the mirror. We seem to have non labor ready carpenters that require 80k a year, longshoreman that require 100k+ and you think a college educated, labor ready person will want to work for 40-60K? It's your own fault you made the wrong career choices. Your reply shows how much out of touch with reality you are. Explain how we are to compete in the world market, given our labor costs. We can start by lowering "executive" salary to no more than several times what the average worker at a corporation makes. -- __________________________________________________ __________ Email sent to will never reach me. More fluffery and jingoism from you. Lowering CEO salaries to this amount would barely touch cost of production. |
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