Corporate Greed - OWS

So, you want a law to make companies hire this person back?
With 2 Advanced degrees, go find another Job, Move, go back to school, take something for a little less money for now.
You can not tell companies what to do.
I understand OWS wants to remove money from Politics, and so do I, but im sorry.

This person can either do the things listed above or live off the system, then if enough people are draggin the system down, that forces the big companies to pay for this, they might decide it is easier to hire them and get some work then just handing over the money?????????

Education and/or experience do not guarantee earnings or even work. Obviously the corporate structure where he used to work was manipulated by the executives to their own benefit. The only power workers would have against a company would be to unionize (I hate unions, I really do; however they do serve a purpose when working against corrupt or greedy businesses, but the unions can also be quite greedy and corrupt themselves).

The only guarantee you have as a worker/producer is when you run the organization yourself, otherwise you are connected to and beholden to someone/something else that has the ability/power to say to you, "we no longer need/desire your services"

We own a mainstream company. The only way to get fired is if we fuck up badly enough and the clients don't want to pay anymore.

Start your own business or STFU and find another job and deal with it. We have all been through it. Tough shit.

New Feudalism

maybe company did record profits from trimming down on jobs that were not really needed? i always hear my friends say how they don't do shit at their 9 to 5 jobs

That pic is begging to be chopped...

What this individual represents is the future of America. A greatly reduced middle class.

Go ahead and post adapt or die ..... Because you are correct, our middle class is dying. What does this mean to cocky young posters? You better hit it rich or you'll be a low income grunt for the rest of your life.

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A degree has not been a guarantee since the early 70's, at least.

"In 1995, the average pay of Canada's highest paid 50 CEOs was $2.66 million, 85 times the pay of the average worker. In 2009, the average pay of the highest paid 50 CEOs had skyrocketed to 219 times the pay of the average worker."

and thats just canada..

Something doesn't add up here. This man has two "advanced degrees" and worked in his field for twenty years and was only making $60k a year?

Really? My wife doesn't have a college degree and she makes $60k a year.

if you dont like what your being paid go find a new job. quit whining

So if you don't like the way a corporation treats it's employees, than boycott it. Until it makes economic sense for them they won't change, they will change if everyone boycott's their product or service.

As for the guy, boo fucking hoo, go get a job somewhere else if he's so qualified and awesome. Maybe he was fired cause he was a biaatch and he sucked at his job.

4 unemployed people for every job available and that's counting McDonalds. You are a shortsighted fool, absolutely.

If anyone needs a job, and doesn't mind actually working hard, move to North Dakota. They can't fill jobs fast enough.

http://rockcenter.msnbc.msn.com/_new...ain=bottomline

"A job on an oil rig can pay as much as six figures. The starting salary for truck drivers is around $80,000. While the nation's unemployment rate is 9.1 percent, Williston's unemployment rate is less than 1 percent. "

I don't know why I have decided to comment in this thread and not really in others, maybe it's the picture that pisses me off the most, I don't really know.

It's not a hit it rich type of mentality. I was listening to talk radio today and the commentary was about college; about how there is this perception that college means success. There is a cultural stigma attached to those that graduate and those that don't and those that don't even attend. What happened to the culture of our fathers and grandfathers where hard work was valued rather than a "degree" or a piece of paper that indicates you are supposed to be a smart enough person to have met the necessary criteria to graduate? We have an entire generation or perhaps two that believes and has been taught that success only comes from education.

I earned a degree 17 years ago. Business Management. There was no guarantee then it meant more money and it hasn't meant more money since then. I have more money now because I viewed the marketplace I am a part of, found something that needed to be done/done better and determined that I could offer that at a price. We started a business and voila, there you go. Better earnings after we struggled to make it work right.

The degree was a personal goal and I knew from moment one it was no guarantee of anything.

Public corporations are held to standards by Boards of Directors. If the BOD agrees to pay a CEO a ridiculous sum of money then that is up to them. BOD's are controlled by shareholders. If shareholders don't get what they feel is appropriate, the BOD gets reseated.

We as a population have no right to determine the pay structure of a public corporation. Now, however, the minute that company begins to operate in any way by accepting public funds, that's a different story entirely. And don't anyone go off on me and say that cops, roads, fire departments, airways and the air system, etc are public and therefore blah blah blah..... the corporation pays taxes too and has every reasonable right to utilize those services just as much as everyone/everything else. (In fact, IMO they have more of a right to participate in the system than the worker who doesn't earn that much and therefore isn't paying taxes at a level that a higher earner or corporation is). I'm talking something like the auto companies that couldn't function without a public bailout because they had operated like idiots for years. Hell they have enough subsidies prior to that where I would consider that the public has a very vested interest in how they are run. I feel exactly the same way about the food industry, fuel/oil, etc.

When I worked for an airline while going to college, I worked with 2-3 guys that had master's degrees and one that had a PhD. They worked with me on the ramp and loaded and unloaded baggage.

Degrees don't mean anything more than you have attended a school and achieved the necessary criteria to be awarded the degree/certificate. It's quite possible his advanced degrees have nothing to do with his field of work (although that would be a bit illogical) and it's also quite possible that his employer really didn't care that he had the degrees or even that the pay raise for the education was nothing significant.

Education is one of the great scams these days. Colleges and Universities are BIG BIG BIG businesses and they are almost all subsidized to the hilt with public funds.

BULLSHIT, You know why I say this no matter what number you can pull from the internet. We have 4 pages of Help Wanted of UNSKILLED jobs in our newspaper ever week.. In late 2008-2009 it did drop to half a page. I have seen several Places begging for Jobs on TV. Some of them on TV did require a short few months of training.

This article makes it sound like the great depression days. Its a very telling that there are so many flocking there for these hard ass labor type jobs.

damn... i can't imagine living in a shipping container to work on an oil rig..

and in other news

Pay for the directors of the UK's top businesses rose 50% over the past year, a pay research company has said

Incomes Data Services (IDS) said this took the average pay for a director of a FTSE 100 company to just short of £2.7m.

The rise, covering salary, benefits and bonuses, was higher than that recorded for the main person running the company, the chief executive.

Their pay rose by 43% over the year, according to the study.

Prime Minister David Cameron, speaking in Australia, said the report was "concerning", and called for big companies to be more transparent when they decide executive pay.

A statement from IDS said that that figure suggested that "executive largesse is evenly spread across the board".

Base salaries rose by just 3.2%, although that was above the median rise recorded by IDS this week for average pay settlements of 2.6% for private sector workers.

The latest consumer price inflation figures showed inflation at 5.2%.

Directors' bonus payments, on average, rose by 23% from £737,000 in 2010 to £906,000 this year.

The Unite union has called executive pay "obscene" and has called for shareholders to be given more power to hold directors accountable.

The union's general secretary, Len McCluskey said: "The Government should strongly consider giving shareholders greater legal powers to question and curb these excessive remuneration packages.

"Institutional shareholders need to exercise much greater scrutiny and control of directors' pay and bonuses.

"It's obscene and it shows that the City has learnt nothing during the financial troubles of the last four years."

http://www.bbc.co.uk/news/business-15487866

And many people wonder why the workers are so pissed

You can blame the "job creators" for this. If they didn't require everyone to have such an education just to get your resume looked at, the mentality wouldn't exist. Its true though. Most any decent job, if you want to exist to them, you need a college education. Otherwise they'll just move on to the next candidate, which there is no shortage of.

People obviously shouldn't view it as a guarentee but when you sink so much money into an education you expect something from it. These kids are getting an education because they have been told and tought its the way to a good job and once they have that huge debt, they need a decent job to start paying it off. Sure, it would be grand everyone could afford to go to school just to learn but that is no reality for the majority of americans.

But why are they making so much more in such a small time frame? What is really going on here? The CEO's do not determine the company's success. If anything the product designers, marketers and stockholders do more than anyone else. Oh not to mention the poor grunts actually making the product but they of course never see any real income increase. Wages have not increased at all to keep up with the standard of living while CEO's are keeping so much for themselves, one would imagine they care very little about the company and more about their wealth addiction.


The guy could be a lazy piece of shit who deserved to get fired. There are all kinds of variables but the reality is those who have, have more than ever and those who don't are struggling more than ever and if the powers that be think the little guy is just going to keep taking it to the chin, I think they will be sorely mistaken. Do you really think its reality for 9 million unemployed people to start their own business all of a sudden? Is there really much demand for home run/small businesses right now? I see more and more people who were once self employed or running a small business looking for a job because they aren't making money anymore. There are no easy answers but if you think all is well in the world and these unemployed people are just lazy entitlement babies, I think you are very wrong.

Sore loser ...

that is just crazy, poor people

so you're protesting the lies your union told you when they were collecting their dues from you for 20yrs, right?

Companies disguise housecleaning as layoffs due to current economic conditions every day.
The guy holding the sign was probably a goof off.

I've had a job for less than a year of my life. There aren't many unions left to pay into around here anyhow.

IF there's no opportunity out there, make your own. I don't have sympathy if you can't figure out how to scrape by a living. He's actually got a job according to his card.. jobs are there, I've never seen empty jobs section in Craigslist or local paper. IF nothing is available in your "field of expertise" you need to learn a new trade.

my comment was for the guy in the picture

We see that constantly. There was a large union manufacturing plant in the same industrial park we are in that closed down a few years ago. The company got tired of the strike that happened every other year. There were 1100 employees there from mostly machinists and welders. After the plant shut down we were hoping to employ some of those people.

Not a single applicant. The word was,why work when we can get unemployment for a couple of years.

After working in the office for several Huge companies including 2 fortune 500, I can say that a Lot of people have been getting laid off because they just dont produce.

Now the people left are working harder than ever to keep the jobs, and the companies have found then never needed that many people anyway. Just needed to scare the shit out of a few they had.

24 million people can't "make a job" and $12 an hour is barely above poverty.

Everybody knows a worthless fuck. That does not change the fact that millions should not be working 60 hours per week to barely scrape by with no health care when they can find a job.

Once the workforce went global, the US was doomed.

We need to manufacturer more? Manufacture more of what? Even if you come up with a great new product, it will be cheaper to manufacture it elsewhere anyway.

And to say that the US worker makes too much to compete globally seems to have come down to 2 choices - 1) don't work or 2) work for much less.

The answer seems to be, in order to compete nowadays, the US is supposed to drop down to 3rd world nation standards - low wages, no unions, no bargaining rights, longer hours, less benefits, less environmental protections, etc.

If Steve Jobs amassed $30 billion dollars selling shit that was made for pennies in China, and he didn't want to hire more Americans, is he really a success story, or just a leach?

Same question can be asked of most of today's most successful CEOs.

I've said it time and again: I would rater be a Prince in a rich nation, than a King in a land of squaller.

China has been working on long-term energy solutions, like what Jimmy Carter was trying to do, but the corporate greed here has stifled progress (especially big oil), and now we are paying the price.

since you're neither, what are you trying to say?

I am saying that, those of you who seem to believe it doesn't matter what happens to those around you, are blind to the fact that it most certainly DOES matter.

You will not sell a site membership to the under and unemployed for example, so the health of the entire society eventually effects all of us.

If you are rich and everyone around you is poor, your own quality of life will dwindle.

economy runs in cycles.
learn some history.
pretending this is some sort of crisis that will cause massive changes in society is silly.

Well said.

Abit like being a Saddamn or Gaddaffi.

I love that a random anonymous guy can hold up a sign and it's just assumed to be fact. For all you know it's Rush Limbaughs intern making fun of ows

I learned many years ago,there is no point in worrying about things you have no control over.
And you have no control on what the neighbor does.

That Depends on where you live, and then why not raise Min Wage to above $12 if this is the case. Many Mid west states, can get by on min wage. Oklahoma, Kansas, Missouri, Nebraska, and so on, the cost of living is Cheap!

Ok, I largely agree with you that companies are in business to make money and that's great. But what is described in this jpeg is borderline criminal. Unfair is one thing, but these CEO's are swine, and basically raping the system, to detriment of others who didn't start life at third base. In this case, the employees are not family that a company should take care of and cherish. They're just a plaything or pawn to make sure the "club" gets paid ridiculously.

This tells me this is a guy who had no plan B.


Reminds me of a quote I once read somewhere...


"No matter how goodly your employment may be, no matter how solid may it seem, get ye a backup plan, grow and nurture it, lest ye risk revealing yourself a dumbass on the interwebs like the above poor schmuck" ~ Unknown.


Words to live by, and in fact I've lived by them for nearly all of my working life.

Germany has been very successful by manufacturing high end, high quality products and items that no one else manufacturers.

Exactly. I got my first degree just before joining adult.com and haven't been in my field of study..EVER! They preferred experience over an expensive education with honors.

I'm surprised there aren't a lot more workplace shootouts.

Nobody has a workplace to go shoot up anymore.