Home Depot to slash 7,000 jobs... (Atlanta: mortgage, credit card, loans)

[AcidSnake]

If you so-called "pro-capitalism" "conservative" guys can't appreciate the special attention I give to the differences between true free markets and corporate socialism then you are no different than the hyper-ideological "liberals" that you say want big government all the time.

Don't you guys EVER claim to suscribe to the principles of Ron Paul if you seriously think that the actions of mega-corporations like Home Depot and Wal-Mart are something that's good for America.

That's why I am a moderate!

[blondandfun]

^-- glad you didn't take offense non was intended personally.

As far as Ron Paul, he wants America to be like the past, in a fantasy Mayberry-like land, where the borders are locked...sounds pretty boring to me, no thanks.

[AcidSnake]

Originally Posted by blondandfun

^-- glad you didn't take offense non was intended personally.

As far as Ron Paul, he wants America to be like the past, in a fantasy Mayberry-like land, where the borders are locked...sounds pretty boring to me, no thanks.

And yet I certainly hope that you won't so easily discount what he brings to the table at a time when both political parties are becoming bloated and corrupt and increasingly out of reach of the average american. But let me stop myself from digressing too much.

I try not to take anything too personal. Talking about these topics are fun and challenging for me and whenever I find someone with an opinion incredibly opposite of mines, it gets my blood pumping. I love a great debate!

[MisterNY]

Right...but this is about Home Depot, laying people off.......Right, guys?

[AcidSnake]

Originally Posted by MisterNY

Right...but this is about Home Depot, laying people off.......Right, guys?

Well I did stop myself from digressing, didn't I? My initial comment on this thread still stands. Bob Nardelli sucks and people like him create way too many messes than they solve.

[cityrover]

Lure people into buying stuff on credit for years.

Jack their rates and smack them with penalties out the left field.

When people can no longer charge stuff they dont need with money they dont have, FIRE them.

Because we knowthat firing overtaxed and broke people is a great way to get them to spend more money to increase your business.

Ah capitalism. It's nice, isnt it?

[cityrover]

Originally Posted by blondandfun

^-- glad you didn't take offense non was intended personally.

As far as Ron Paul, he wants America to be like the past, in a fantasy Mayberry-like land, where the borders are locked...sounds pretty boring to me, no thanks.

So what good do open borders do when you cannot afford to leave them? Tell me, where have you travelled in the past year?

Besides do you really even for a second really think anybody will close the borders or even wants to? Borders are still open; law abiding people are just hassled in the name of "security". Mr criminal doesn't exactly stand in line at the tsa booth to cross over you know.....

[rcsteiner]

Originally Posted by atlantagreg30127

Home Depot is overall doing poorly because they have extremely poor customer service, not necessarily because of the economy, because more people than ever are remodeling what they have instead of buying "new".

While that's true, I have the impression from my wife and others that a fairly significant number of contractors also purchased their supplies at Home Depot, and those purchases are very much on the decline with the slowdown in the housing market.

[rcsteiner]

Originally Posted by Merin

Rsteiner- I am sorry about this. It must be very difficult for you and your wife

She wasn't hit by it directly, but it's been very hard for her to lose a few dozen friends at work with such little notice. I've been through layoffs before on both sides (survivor and not), so I'm a little less affected by it, but it's still a shock for me to see so many people hit on Monday in so many companies.

With that being said, I knew two people who worked at Home Depot. One at corporate one at a store, they both said it was a bad place to work?

Given what I know, I wouldn't work there. I think I'd end up clashing with management too often to survive for long. Hard to say, though.

[rcsteiner]

Originally Posted by blondandfun

without these "crony capitalists" those people would never have had a job in the first place.

Not true. There are many companies which are privately held that employ people, and many smaller companies which don't suffer from the same sort of blatant self-interest that is seen at some larger corporations.

If bob nardelli is such a "jerk-off" then why don't you apply to become a CEO... got luck!

You might be surprised at how successful the average person might be in such a position, assuming he was accepted by his peers while trying to do that sort of job. That's often the hardest part -- breaking into the circle. Making sweeping decisions isn't hard if one knows that one has guaranteed compensation at a certain level.

Nah.. you're more confortable in your low-wage mediocre american existance, pointing fingers at those at the top who chose to work hard and chase their dream.

The problem is that some CEO's fit your description (and have a drive and a dream), while others seem to be interested only in lining their pockets and investment portfolios.

I have a tremendous amount of respect for the former group.

People are paid in proportion to how well the companies respect them and want to retain them. If you don't pay people they WILL go elsewhere.

Sometimes people are paid based on reputation, not action, and while I do believe that many CEOs are worth a significant amount of money, I don't believe for a second that they are worth the level of compensation that we see in some circumstances today.

Besides, I think they should assume some risk. They make decisions which can make or break the company, its customers, and all of its employees, and if they mess it up, the negatives should be proportional to the positives they receive when they are successful. That is true of most other levels in the company. Why not at the top?