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TOPIC: Lifecycle of a Democracy
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They also need to deal with STRIKES do you have any idea how costly that is? Schnucks people went on strike a few years back by agreeing with the new contract Schucks super markets save Millions of dollars. 25 years ago Kroger left St. Louis because of the AFL CIO went on strike and Kroger closed their doors. 37 stores.

Imperial MO
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It's ok for high ranking executives to dip into profits after they've already been paid their salary.

A. Yes if it is in their contract and the also PAY Taxes on that money. Yes they took the risks that paid the company for those profits. Like hiring the right people to do the job and bring the company a PROFIT

It's not ok to increase employee wages to parallel inflation and cost of living increases.

B. They do earn a wage at least they do here. My Nieghbor wors for Schucks Super market here in St. Louis and is a member of the AFL CIO and is a Cashier. Has been there for 19 years earns $18.75 an hour. Plus her Pension and her healthcare is paid by the company. A Gallon of Milk at her store is $4.19 I dont shop there I pay $2.39 at Aldi stores. I bag my own groceries.

You guys realize that I'm not trying turn the cashier into a millionaire simply for being a cashier, right? I'm not even lobbying for the cashier to get a hefty holiday bonus. I'm talking about moderate pay raises that are consumate with rising costs of living. The cashier would still be living a cashier's life with all of the (dis)comforts that come with it.

T

3. It has come to the point where compitition is extremely turn against the employee. She Makes $18.75 an hour the cashier at Aldi makes 10.35 and hour and pays her own insurance. Now who is greedy?

Imperial MO
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"It's ok for high ranking executives to dip into profits after they've already been paid their salary. "

If you are talking about embezzlement, no it is not ok. If you are talking company perks then it is not only legal but perfectly fine. Unless a executive owns the till, dipping fingers in the till is illegal. What the shareholders and board vote for is how to attract the performers in business. Otherwise they would not get those perks.

Sanford NC
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So if I'm to understand fjep and lucky correctly, since they both have the same pov....

It's ok for high ranking executives to dip into profits after they've already been paid their salary.

It's not ok to increase employee wages to parallel inflation and cost of living increases.

You guys realize that I'm not trying turn the cashier into a millionaire simply for being a cashier, right? I'm not even lobbying for the cashier to get a hefty holiday bonus. I'm talking about moderate pay raises that are consumate with rising costs of living. The cashier would still be living a cashier's life with all of the (dis)comforts that come with it.

T

Danville PA
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But I do expect them to take care of the people who helped make them rich(er) instead of hogging all of the gold for themselves.

No employee ever made a company rich. The Company made the decission to hire an employee. What happens to the employee that sell their product for zero profit?

Imperial MO
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"So why is it ok for executives to get big bonuses and pay raises but a cashier has to live on the same wage for 3 years? "

Because it is their company, their property, if the wage is not enough then she should find another job. Or invest so she is a stockholder and can vote. It is their money, they take the risks, so do the stockholders. Their are better paying jobs than a cashier.

Sanford NC
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"How is it jealousy to want to be rewarded/compensated for helping to make a company successful? T

You are you are being compensated and given a wage that doesnt bankrupt the company keeping your job alive. You think they do this on purpose? They have to account for every penny they spend and earn."

So why is it ok for executives to get big bonuses and pay raises but a cashier has to live on the same wage for 3 years?

Wages aren't going up at the same rate that the cost of living is. And that's the entire point of my argument. Pass some of the profits down to the little guys to offset the rising costs in this country. Is it really that absurd of an idea?

T

Danville PA
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"The problem I have though is when the CEO and board of directors/whatever keep ALL of those profits to themselves in the form of added bonuses and "corporate retreats".

That would be up to the shareholders, and most of us are. The problem is that most shareholders don't give a crap as long as our investment increases. This includes all those union pension funds.

Pittsburgh PA
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Lucky:

No, the last election showed how the government works for the people. The rich and middle class are losing power because you all made too many people poor. Those at the bottom decided to vote with a unified voice because that is all we have left short of a violent (and admittedly foolish endeavor) revolt.

I have no Ill will for the rich, no jelliousy. I hope one day to be so rich. Hell if I were given some 10 million dollars I would buy this abandoned hospital in my town, convert the first floors into a casino/bar the second floor to a strip club the third floor to a swing club and the forth to my personal penthouse.

It does have a lovely view of the city from ontop of the hill.

With the local air port not two miles away and the two interstate acess points, I would bring in traffic from the entire tri-state area. I would even open my own shuttle service to transport from the cities parking garage which could now be used for parking cars and not the fire engines which we couldn't afford.

At last, I cannot do this and few would have the balls to try. (thus if I get myself a movie deal and about 10million I know what I am doing. :-)

Hazle Township PA
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"The only people the company is obligated to pass on profits to is the shareholder. The employees receive a wage or salary. If it is not enough, find another job. Nobody is obligated to give their profits to anybody but those who invest. It is up to the employees to invest in the company, if they don't that is their fucking problem."

Fair enough, and this is more or less the answer I expected. And in theory, I don't really disagree. Of course, it's much more difficult for someone making minimum wage to invest anything from their paycheck.

The problem I have though is when the CEO and board of directors/whatever keep ALL of those profits to themselves in the form of added bonuses and "corporate retreats". If they're going to take a chunk for themselves, they should share with everyone, no? Afterall, they've also been paid their wage so if they want more money, they should also buy stock in the company, right? So if the profits are going to be shared by some, they should be shared by all or not shared at all and reinvested in the company infrastructure (maybe new computers, registers, office spaces, etc).

But going beyond the money, there's also the benefits which working stiffs are having taken away from them more and more each day. Do you feel that employers should not provide adequate health care for their employees? Especially if there's an inherent health risk to the job?

T

Danville PA
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TOPIC: Lifecycle of a Democracy