Quote:
Originally Posted by GHOSTRIDER AZ
I have mix feelings on this subject and we have all seen the Unions driving business off shore. Union can find a place if they offer the owners of business a benefit to their business.  |
Union did not drive business offshore... that was University Groomed Goons, who found a way to secure for themselves "high salary" by cutting benefits and chasing slave wage labor in foreign location.
Most of these degree riders
have not and
did not get any training to explain the responsibility of Industry to the Community. Ethics of Industry during the era of Unions also had a system where at least 25% of their needs were "locally purchased" to help the local community. They offered scholarship programs to some union members kids. There is no such thing as "perfect", if people knew the collusive vile things that these same degree riders did, they would not be focused on any claim of union having some irregular habits and practices, because the greater good of Unions was for the greater good of the employees.
The "suits" convinced the uninformed with fiction, to make them think its cheaper to produce off shore. But fact is, the cost of producing Off shores is
3-4 or more times more costly to America than the 300-3000% profits these companies chase !!! We loose revenue, money does not cycle in communities, services decline, communities decline, and all the public support things working people supported such as church youth programs, and church based senior programs, and nearly every large church had a community center... this was supported by working peoples contributions, we see streets of cities decline, our freeways decline, and everything else in American... so, THE CORPORATE EXECUTIVE can now pay themselves in increments of 10's and 100's of million, while our general society suffers from "high unemployment", families can't save money, they can't send their kids to university and now, our public schools are suffering..
(( ...
And people can't understand why we have 20 Trillion of Debt, and we did not owe China not one penny, before 1969!!!) even when Corporate Tax Rate was in the 50% range)Now its been 35% for 17 yrs, and our debt increase, while our unemployment rise, and all people an get to bring the numbers down it low wage jobs, that relegate many to require public services assistance, wile CORPORATE PROFITS ARE ASTRONOMICAL ))
So... nothing about Industrial Production Offshore is cheaper for America, its only beneficial to the degree riders in upper executive corporate structure.
These same companies now, with their low pay, force Cities, Counties and States to make up the difference by pushing people on to public services assistance programs.
But... those who are with limited awareness and lack of education to grasp to know how to be aware, will never see the truths of how they were duped by "Professor Scripts" taught to the degree riders, who have fleeced this nation into massive decline. EVERY Industry in American has suffered. Both Commercial and Industrial Production.
There are a few things now days any company that seeks to have long term stability should not do, and that is they should "never allow themselves to go public", and they should never over leverage themselves.
They should establish Unions, to treat their employees with the level of dignity they want their product and/or service to represent, because well treated employees will always perform better and they will feel a part of something.
If that company needs to raise money, they can make agreement with employees for short term stock options, that is backed by a bond with the union, and that stock must be sold back to the company as the company gains higher profits in this can be set up for a 5 yr term or a 10 year buy back term... That distribution will equal the value of the Bond that backs its. The money then stays within the company to grow and benefits the employees and the company, and they keep the 'stock manipulators out of their business, and they can't be forced to sale, by hostile take over or any other outside means. The next thing is if they hire any Ivy League person, DO NOT GIVE THEM AN EXCESSIVE SALARY, that exceeds 2-3 time what employees are paid. NO MORE paying Executive 300-400 times more than Employees, and Certainly there is NO Giving them Stock Options for pennies on the dollar.... If they don't want to work there, then go some other place.
If for any reason this company needs to raise outside money, put a cap on it, and it can only be done by "short term bonds"... this will help avoid "over expansion", "over stocking" and all the games that Public companies play, to drum up the fiction of speculator valuation.
When a company remains private, it lives by the REAL AND TRUE NUMBERS OF ACTUAL PRODUCTION AND ACTUAL SALES FIGURES. They don't borrow against fiction of stock ticker numbers.
Unions today, understand "cross-utilization", rather than strict class and craft, because everyone understands they have a vested interest in the well performance of the company. The best companies in America today, are "Privately Held Companies", they may not be the riches, but they are the Most Stable. Those who support Unions would be even more stable beause employees will be more bonded with the company identity and the quality standards of that company.
The working age people today, under the Age of 50, do not understand the value of Unions, because they grew up learning the delusion taught to them by the Executive Culture. They don't miss what they never had, because they are not intelligent to know what they are missing.
Its why many companies today of young people, do not want people over 50, because they know the people over 50 understand better the value of what is ethnical business, which respects employees, community, and how that company has responsibility to the State, not to force the state to support the people with public services, when the company should be paying them a functional living wage.
University has taught 3 generations of people how to expect more and give less to earn it.... because it taught them, that as long as they "buy their
"get a job certificate" from a University", they should expect to be treated and not be expected or required to do any strenuous work, be it mental or physical.
Now, the University has figured out, they have a new revenue source, and that is telling people with BA/BS they now need a Master Degree. and since they were groomed in the system, they will fork over the money to get the higher degree, when nothing about their job requires it. Except University now controls influence over Human Resources, and mandate that Human Resources increase the pay, AFTER the individual has paid more to the University. It's the biggest sham played out on America, and the more its played out, the more Industry Fails in America.
We've never in the history of this nation see so many "BAD" Decision being made in business and Industry than we've seen since the Degree labels have declared themselves to be the most important element of a business, they have become so absurd, they make themselves more important than the product and service the business offers.
Call any business and take note of the difficult it is, to talk to anyone that rides a "title"... they are always in a meeting. Which means if they have to meet that much, they probably don't know what they are doing, or someone in the system continues to mess up something. Most business are so slow to innovate and Adapt because, there is nothing but a bunch of "ego" around the table, "slinging out names" as their claim to fame, while they spin in "double talk" to avoid anyone taking responsibility for anything or about anything.
The same 4 yrs they spent learning how to kiss up to the professor, and worship the University, is the same training they bring to the job, they come on the scenes trying to learn which butts to kiss, rather than trying to learn the job. The higher they move up, the more they themselves become people who seek out those who are devoted to kiss their butts.
The companies decline by the 1000's..... and so does America decline even more rapidly.
With Unions, Administrative raises were tied to Union Raises, when Union got a Raise Administration got a raise, and it was in variable measured %.... not exaggerated give the company away to the goon squad.
One has to ask, FOR EXAMPLE:
how many "
millions or 10's of millions " bottles/can of Coca-Cola Must be produced and sold, JUST to pay the top 4 executives, not even counting their over paid minions. One thing for certain, the under-educated and the uneducated would never think to ask that questions, and the degree riders who have figured it out, will never disclose that information to the under-educated and the uneducated.
why would an executive be given a better health care plan, than the employees? Its the employees to make sure production and sales happen?
Why would any company need to "own a Retreat for Executives" or Provide Executives a Private Jet. and how many bottles/can of coke must be sold to pay for this stuff. Surely, the ORIGINAL Creators of the Company NEVER would have allowed such. It's the "hired help" in the Executive Ranks who award themselves these things.... They become far too costly to the business.
Even public Traded companies, should have mandates to stop the craziness, but they don't care as long as the CEO overleverages and over expands, to pretnd they are prospering, so the speculator drive up the stock cost.
People should go to the 10Q and start reading... and they should look at executives and watch when they cash in stock .... the more people pay attention, the more they will realize the worst thing ever to happen to America was to go from having Company Presidents as the highest officer, to having a CEO.... but most won't even understand that, but the CEO has duty to the stock holder... more than to the company. That's why when companies fail, the CEO is still over paid and then given a massive Golden Parachute...
The CEO should NEVER be allowed to be the Chairman of the Board, and the Chairman of the Board should not be people who sit on the Boards of Other companies nor should they be Executives from Other Companies.
The Board should be Independent, and they would be best made up of people who come from the Consuming Market, the and those who come from having a Vested Concern for the City and the State, where the Company Has Headquarters and/or Operates.
But, when you have a generalized Under-educated society, and a greater mass of Uneducated people, then this is what you get. ... and the result is " Corporate and Industrial Instability".... Ultimately to a decimated Industrial Sector that damages the entirety of the Nation.
Anyone creating a company "Today".... should NEVER allow Bankers, Attorneys and Consulting Firms to Convince them to take a Company Public.
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