''Time to end your greed.''

Boss 302

Boss 302

Pursuit Driver
Sanders attended a UAW strike and said, "No. The fight you are waging is a fight against the outrageous level of corporate greed and arrogance that we are seeing on the part of CEOs who think they have a right to have it all and could [not] care less about the needs of their workers."

Sanders seems to think profit is greed and that all profit should be given to employees. If companies did that, they wouldn't be in business for long, making those employees jobless.

Full-time employees working for GM, Ford, and Chrysler earn $31-35 an hour. Part-time employees make $15-16 an hour. Most hourly employees hired at the Big Three are starting out as part-time employees. Obamacare is a big reason for hiring part-time employees. The UAW leaders want the part-time employees to become full-time employees to collect more union dues. More union dues means the UAW leadership can give themselves raises and bonuses, and buy Democratic Party members.

I'm sure if Sanders had his way, manufacturing plants and farms would be owned by the government like they were during the decades of the USSR. Look at how that turned out.
www.foxbusiness.com

Sen. Bernie Sanders torches automaker CEOs at UAW strike rally: 'Time to end your greed'

At a Detroit rally for striking UAW employees, Senator Bernie Sanders cheered on striking auto workers and condemned "their greed" Friday.
www.foxbusiness.com www.foxbusiness.com
 
We can bash Uncle Joe or DJT as much as we want but they do not hold a candle to this idiot. He is a straight up socialist spewing out BS that the self entitled non-productive liberals want to hear. Businesses do not exist to make other people rich or lose money. Economics 101. The UAW is a boil on the hemorrhoids of US auto makers. They are entitled beyond normal expectations of an average employee.
 
A Facebook friend made a recent post about Mary Barro and what her salary is. You should have seen the Socialists and the envy bunch come out to bash what she makes. It's amazing how shallow their understanding of economics is. Most believe in a zero sum game.

If you were to distribute her salary among all of GM's 160,000 employees, it would be an increase of 67 cents per day for each of them.
 
Guard Dad said:
If you were to distribute her salary among all of GM's 160,000 employees, it would be an increase of 67 cents per day for each of them.
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But the important part is that their salary would go to zero, as the only people who would work as CEO for nothing are idiots and can't run a billion dollar corporation and they'd go bankrupt.

I've been an employee of a corporation who's board hired a series of idiots as CEO. We went bankrupt. I like the guy we have now at my current company. Whatever they pay him to stay is OK with me.
 
The Sound Guy said:
But the important part is that their salary would go to zero, as the only people who would work as CEO for nothing are idiots and can't run a billion dollar corporation and they'd go bankrupt.

I've been an employee of a corporation who's board hired a series of idiots as CEO. We went bankrupt. I like the guy we have now at my current company. Whatever they pay him to stay is OK with me.
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Right. What the employees need to realize is, without strong leadership at the top, there might not be a company. Some of these CEOs of huge corporations are extraordinary individuals who can do what very few can. What they are paid is up to the board of directors.
 
I knew a guy who believed an owner of a business had no right to pay himself more than any of his employees. I asked him why anyone would be willing to take all the financial risk and invest his money into a business if what he said was the rule. His answer: the incentive would be to provide needed jobs to the community. I told him the community gets that even if the owner pays himself more than he pays his employees. They guy disagreed with me.
 
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