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AT&T had $600k to toss at Michael Cohen for influence peddling, and Cohen isn’t even a lobbyist. NOR is he experienced in acquisitions and mergers, which is also what he was paid to “advise on.”
But large corporations needed a big tax cut, right? Because our corporate environment is stifling innovation and making business very difficult to do in this country.
But there’s 600k just sitting in a drawer somewhere to toss at someone that can’t even do what you hired him for. Amazing.
wages are set by market data accumulated for similar jobs across the industry. Corporations also provide perks like healthcare, matching funds, free college course reimbursement if you achieve a certain grade in the college course, sick days, vacation, stock, deep discounts on purchase of their products for employees.
Innovation is acquired often by licensing and acquisition of small companies and inventions to supplement in house research. Depemds on the CEO and their current philosophy of how to do research and get products to market asap.
Corporate environment is stifled by regulations and rules, especially when a company has to work under federal regs, like big pharma. Not saying good or bad, just describing their burden.
Companies too often hire placeholder CEOs that just tend the desk and hire people who's management style hampers creativity. I like you because you are like me, hiring philosophy. Works both ways for business and politics. A real shame as these companies should be mining the human resource and have no one in upper management that recognizes the gold available to them. that is the crime of corporations.
Sure, you get an excellent manager here and there but institutionally, their efforts are lost in the culture the company has created.
The socialist, rich vs poor pap, is a distraction aimed at the intellectually vulnerable.
the biggest gain we can ever get from big business is good management that embraces creativity and imagination. The feds have tried to falsely equate mandatory demographic hiring with innovation and have so stifled the already compromised culture that big business creates for themselves.
Lobbyists are the least of the problem. The real problem lies with the elected representative chosen by the voters who lacks ethics and a spine and can be swayed by big money. Reconsider your vote if you are unhappy with lobbyists. Lobbyists do not pass legislation. Your Maxine waters or chuck schummer and nancy Pelosi however, do. Not to leave out the unethical repub legislators.
If you would select legislator's with ethics, the lobbyists would be found to be ineffective and companies would curtail their services. As long as you keep electing slugs, as demonstrated by sen menendez, K harris, angus king, Pelosi, Maxine waters, corey booker and jeff flake and a host of others, you will forever be in pursuit of false leads, distracted form the source of the problems.
wages are set by market data accumulated for similar jobs across the industry. Corporations also provide perks like healthcare, matching funds, free college course reimbursement if you achieve a certain grade in the college course, sick days, vacation, stock, deep discounts on purchase of their products for employees.
Innovation is acquired often by licensing and acquisition of small companies and inventions to supplement in house research. Depemds on the CEO and their current philosophy of how to do research and get products to market asap.
Corporate environment is stifled by regulations and rules, especially when a company has to work under federal regs, like big pharma. Not saying good or bad, just describing their burden.
Companies too often hire placeholder CEOs that just tend the desk and hire people who's management style hampers creativity. I like you because you are like me, hiring philosophy. Works both ways for business and politics. A real shame as these companies should be mining the human resource and have no one in upper management that recognizes the gold available to them. that is the crime of corporations.
Sure, you get an excellent manager here and there but institutionally, their efforts are lost in the culture the company has created.
The socialist, rich vs poor pap, is a distraction aimed at the intellectually vulnerable.
the biggest gain we can ever get from big business is good management that embraces creativity and imagination. The feds have tried to falsely equate mandatory demographic hiring with innovation and have so stifled the already compromised culture that big business creates for themselves.
Lobbyists are the least of the problem. The real problem lies with the elected representative chosen by the voters who lacks ethics and a spine and can be swayed by big money. Reconsider your vote if you are unhappy with lobbyists. Lobbyists do not pass legislation. Your Maxine waters or chuck schummer and nancy Pelosi however, do. Not to leave out the unethical repub legislators.
If you would select legislator's with ethics, the lobbyists would be found to be ineffective and companies would curtail their services. As long as you keep electing slugs, as demonstrated by sen menendez, K harris, angus king, Pelosi, Maxine waters, corey booker and jeff flake and a host of others, you will forever be in pursuit of false leads, distracted form the source of the problems.
Uh huh.
Which market forces set the price of 1.2 million (Novartis) and 600k (AT&T) respectively for Michael Cohen?
Lobbying is flat out corruption. It is right out 'legalized' fraud. From the corporate position it is a small charge to have politicians screw over workers and people in general in their behalf.
Lobbying is flat out corruption. It is right out 'legalized' fraud. From the corporate position it is a small charge to have politicians screw over workers and people in general in their behalf.
Totally agree.
'It’s Not a Bug In The System; It’s a Feature.'
& it's not only gotten worse in the last few decades, the Citizens United decision has hastened the damages (in this 'bugged' system, we the people & our democracy are the 'collateral damage').
...This shift in spending has been fostered by an equally important shift in sources for all of this money. A system founded on the principle of individuals giving limited, disclosed contributions directly to candidates, parties and PACs has morphed into a system that allows individuals and organizations to give hundreds of thousands, or even millions of dollars, to groups to spend in elections, some of whom are closely aligned with candidates and parties, without disclosure.
During the 2016 election cycle, the top 20 individual donors (whose contributions were disclosed) gave more than $500 million combined to political organizations. The 20 largest organizational donors also gave a total of more than $500 million, and more than $1 billion came from the top 40 donors.
At a time when Donald Trump and Bernie Sanders were confirming that large numbers of people donating small amounts could fund successful campaigns, the extraordinary role being played by the very few donors who give the most may be the most important element in this new era. ...
8 years later: How Citizens United changed campaign finance
.. The authority granted in Citizens United can be used to enhance a corporation’s lobbying efforts. In doing so, a corporation must comply with all disclosure laws, avoid the appearance of coordination with candidates, and, for those that have not, consider adopting shareholder disclosure policies. ...
Goodness, how loudly and frequently the right screamed about "pay to play" as it related to Hillary Clinton, but when showed unquestionable evidence of "pay to play" with Donald Trump, suddenly they're all, "Meh, who cares?"
It's amazing how Trump can do everything they complained incessantly about with other politicians, but they simply don't bat an eye at it when he does it.
Hypocrisy is obviously a prerequisite to being a conservative.
While I'm going to guess we see mostly eye-to-eye politically, I do feel the need to point out the difference in "pay to play."
Cohen got money to "play" with Trump. The Clinton Foundation got money to "play" with Clinton. I think therein lies the difference. Cohen's money isn't Trump's money (except when he uses it for non-reimbursed hush money, but there's other threads for that!). However, some of the Clinton Foundation donations were coming from Middle Eastern countries while Hillary Clinton was Secretary of State.
And since the Clintons can direct where those funds go to...
it isn't quite the same as Cohen taking money for access to Trump. Shady? Certainly. Yet, I don't think it is apples to oranges here.
So when do the raise stop, do you keep increase till the point of no profit. Some people think that labor is part of the company, labor is just an exspence that deducted from profit. You don't work for a company, you work for a paycheck at an agreed amount. Can't live on that money, time to move on. Lobbying is a lot cheaper than raises.
So when do the raise stop, do you keep increase till the point of no profit. Some people think that labor is part of the company, labor is just an exspence that deducted from profit. You don't work for a company, you work for a paycheck at an agreed amount. Can't live on that money, time to move on. Lobbying is a lot cheaper than raises.
Yeah, labor is nothing. Who needs it?
What you need are people like Michael Cohen who you can pay 100k a month and get absolutely NOTHING in return.
Looks like Novartis feels cheated...and they’re gonna take it out on their top legal counsel. I still can’t believe those Swiss bozos gave that clown 100k a month and got nothing for it.
But then, Robert Mueller doesn’t believe it either.
AT&T had $600k to toss at Michael Cohen for influence peddling, and Cohen isn’t even a lobbyist. NOR is he experienced in acquisitions and mergers, which is also what he was paid to “advise on.”
But large corporations needed a big tax cut, right? Because our corporate environment is stifling innovation and making business very difficult to do in this country.
But there’s 600k just sitting in a drawer somewhere to toss at someone that can’t even do what you hired him for. Amazing.
" C- Suite" employees have one primary responsibility- to increase shareholder value. What do employee wages have to do with this?
ATT pays a competitive wage and it has kept pace with inflation. If the employee chooses HMO, ATT picks up the tab for healthcare insurance. Long time employees have a generous pension and retirement medical benefits.
ATT announced in late 2017 the intent to grant an incremental, one time bonus of $1000 to 200,000 eligible employees. Unlike individuals, most corporations use the accrued method of accounting. This allows them the discretional ability to record future income and expenses when certain, regardless of when monies are recieved or disbursed. The 2017 announcement saved ATT about $28 million in federal taxes in 2017.
The number of ATT employees has been declining for serious decades. Technology substitution has eliminated tens of thousands of jobs. Technology functions are primarily outsourced to contractors in the US, India and China.
A professional ATT employee is more likely to work from home, substantially reducing the historical need for office space that once existed. With this, ATT no longer has the burden of contracting for cleaning, maintenance, food services and all the other jobs that were once necessary to support a physical operation.
Sounds to me like the "C- Suite" is doing the jobs they were hired to do.
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