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Bert Robbins
 
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"jps" wrote in message
...
In article , says...
OlBlueEyes wrote:

chuckgould wrote:
:

Nominee for today's "dumb as a post" post.


Most Libs never learned HOW to think. Not much use in today's world for
these ghetto trained "intellectuals." Little wonder this one migrated to
selling used cars, ripping off the public and government in tax fraud
schemes, and other assorted shyster "deals."

--
Skipper


You clearly have libs and the right wing interposed.

Ripping off the public and government and tax fraud are the exclusive
domain of America's public corporations.


You have forgotten about all of the individuals that file tax returns every
year. How many of them have committed fraud with the returns they filed.

If they didn't move money and jobs offshore, we wouldn't have to support
such a heavy burden in the social welfare system.


Again, corporations are in business to make money. If moving a funciton
offshore will increase profits then it is a wise move. The US labor force
needs to understand that they are part of this problem with their demands
for outrageous wages and benefits.

Moving money from the pockets of the former middle class into the
pockets of the investor class.


Investor class? Do you know who is part of the the investor class? Everyone
that has a 401k, IRA or pension plan. That money doesn't get put into a
"lock box" and majically multiply. It is invested in corporations and other
business endeavors to have that money multiply.


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Eisboch
 
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jps wrote in message
...


My money is invested in my business -- the same business that covers its
employees with exorbitantly expensive medical insurance, workers comp,
social security and medicare taxes, etc. Our 401K doesn't include our
own stock.

The folks who run publicly traded companies are on a nasty treadmill
that rewards foolish short term thinking.

jps


I owned and ran a privately held company for years that operated exactly
like yours, as described in your first paragraph. In 2000 the company was
purchased by a large, public company and all the rules changed. Positive
quarterly reports became more important than producing a quality product. I
realized after a while, however, that the senior management and board of
directors were under immense pressure by outside analysts and investment
managers of 401k and other investment plans to meet the quarterly numbers.
These people in turn are under pressure by the individual investor to manage
their portfolios for max returns. Collectively, all the "small" investors
(via 401k and other retirement accounts) who probably have no idea where
their money is invested, or what product the company makes, have only one
interest - how much money are they making.

So, it's a vicious circle.

Fortunately for me, I was able to exit stage left, as it became more and
more frustrating to convert a labor of love into the big company "corporate"
style.


Eisboch






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DSK
 
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Eisboch wrote:
... I
realized after a while, however, that the senior management and board of
directors were under immense pressure by outside analysts and investment
managers of 401k and other investment plans to meet the quarterly numbers.
These people in turn are under pressure by the individual investor to manage
their portfolios for max returns. Collectively, all the "small" investors
(via 401k and other retirement accounts) who probably have no idea where
their money is invested, or what product the company makes, have only one
interest - how much money are they making.


Well said.

So, it's a vicious circle.


Yep. Unfortunate. And a vicious circle that we should all take an
interest in getting out of.



Fortunately for me, I was able to exit stage left, as it became more and
more frustrating to convert a labor of love into the big company "corporate"
style.


I'm in somewhat the same boat, except that I am not out of it yet and
may never be. We have managed to form an enclave of sanity within the
larger corporate structure, and at times it's better than before since
we don't have any financial cliff-hangers any more. OTOH I am getting
tired of fighting off greedy corporate hands plucking at our inventory,
our MSAs, and our annual profit sharing.

Regards

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jps
 
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Default

In article ,
says...
Eisboch wrote:
... I
realized after a while, however, that the senior management and board of
directors were under immense pressure by outside analysts and investment
managers of 401k and other investment plans to meet the quarterly numbers.
These people in turn are under pressure by the individual investor to manage
their portfolios for max returns. Collectively, all the "small" investors
(via 401k and other retirement accounts) who probably have no idea where
their money is invested, or what product the company makes, have only one
interest - how much money are they making.


Well said.

So, it's a vicious circle.


Yep. Unfortunate. And a vicious circle that we should all take an
interest in getting out of.



Fortunately for me, I was able to exit stage left, as it became more and
more frustrating to convert a labor of love into the big company "corporate"
style.


I'm in somewhat the same boat, except that I am not out of it yet and
may never be. We have managed to form an enclave of sanity within the
larger corporate structure, and at times it's better than before since
we don't have any financial cliff-hangers any more. OTOH I am getting
tired of fighting off greedy corporate hands plucking at our inventory,
our MSAs, and our annual profit sharing.

Regards



Oh Joy,

You guys really made my day. I have to face the fact that I'm going to
work forever and never purchase my fantasy island in the San Juans.

I cannot stand the thought that money-grubbing pinheads would have
control over what we've built with our blood. The alternative is to get
enough FU money out of the sale to exit, as Eisboch did.

jps
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Steve
 
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Default OT - Air America


On 28-Sep-2005, "Bert Robbins" wrote:

You have forgotten about all of the individuals that file tax returns
every
year. How many of them have committed fraud with the returns they filed.


Hopefully every damn one of them.
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