Monday, February 22, 2010
Not Sure...But I Think We Got Slammed...!
You know, I don't moderate my comments section. I've never felt the need!
By the same token, I normally don't delete the comments that are made. I just don't. I've been very fortunate in the fact that the discussions we have had here seem, for the most part, to be done in a respectful manner.
Yesterday, I feel that, for some reason, myself and my readers got slammed. Other than trying to tell you what was said, I decided to post the entire comment as it was made...and let you decide if it was a little over the edge. I've included my answer to the comment!
Oh, where to begin. First of all, don't fall into the typical socialist/marxist thinking of 'what is fair' for someone else to earn. Second, who are you to judge what this CEO makes either for a salary or a bonus? He was hired to do do a specific thing - performance based (as in accomplishing what the board members wanted him to do -COUNTER THE EFFECTS OF A DETERIORATING BUSINESS ENVIRONMENT. He did that by eliminating excess expenditures in personnel. Alcoa earned $11.2M in 2009, - earnings not profits. Basic business here, profits meaning after the overhead was paid and all accounts were settled.
By the comments I have read here, it sounds more like you want Obama to also take over Alcoa because it brought in earnings last year. Does this also mean, you want the grocer down the street to be taken over because he also had earnings last year? listen to yourselves. A bunch of pity parties. I know that it 'just not fair" that Klaus did his job and earned a bonus because he lived up to a contractual agreement.
Big business is not the enemy here. it is over-government and over taxation that has driven big business to shed workers. No amount of TARP or stimulus $$$$ is going to change this fact. Government has never created jobs, and never will. It is business that drives an economy. And for those economically-challenged, so save your ire and angst for the ever-growing government sector that produces no products or services.
By the way, had mr kleinfeld not made those choices, the entire corporation might well have gone belly up.
With regard to Home Depot, mere conjecture. If you are not a player in the big leagues, or have a background in micro and macro economics, stay out of financial discussions. It makes you all look very uneducated.
And finally, a business, large or small, does not owe you anything, other than what was agreed up at initial employment. In fact a business does not have to think of you at all. You all will fit in nicely in the FEMA camps. Three hots, a cot, and just the right kind of Kool-aid. Food stamps anyone? Section 8 housing anyone.
And no, I am not a troll. i am just tired of everyone expecting something for nothing, passing judgement one what a person should be entitled to, and just plain trying to get into someone else's wallet.
February 21, 2010 11:50 AM
Hey Anon 11:50...
Although you don't know me very well, I just wanted to say that everyone is still free to say what they think here.
Also, I just want to say thank you for your visit...
Now, first of all let me state that the bold type is mine, added because those areas really seem to be out of line to me.
Second, if the Mr./Ms. Anon had read the article and quoted it properly...they would have noticed that, according to the article, the CEO recieved 11.2M as a yearly wage and bonus, and that the money earned by Alcoa in 2009 was not mentioned.
Well, there you have it! The article was taken from the Houston Chronicle, the links provided to the story, and I still have the feeling that we have all been slammed for having and voicing our opinion!
Seems like I remember reading somewhere that Freedom of Speech was one of the rights that we still have!
Anyway, my friends, let's get some fresh coffee and sit in the kitchen for a bit.OK?