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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (206445)	10/14/2004 8:03:08 AM
From: Dan3	Read Replies (2) \| Respond to of 1574494

Re: How do you pay $7 to someone who created economic value of only $5 and stay in business? How do you pay $3,340,000 to someone who created no economic value, someone who, instead caused economic damage to their company? What did she and Canion get for buying out DEC and then destroying it? $100,000,000+ between the two of them? news.com.com Floors need to be mopped and chickens need to be sliced. I'm less worried about the impact of paying $7 per hour to people who perform back breaking labor than I am worried about the impact of making multi-millionaires out of people who badly damage organizations they are entrusted to run and then loot the battered remains. There is no incentive to be a good manager or board director, any more. You're worried about sending the right economic signals to people who empty wastebaskets for minimum wage? How about sending the right economic signals to people who control our economy? Especially the ones who screw up really badly? These guys have been acting more like Visigoths looting Rome and then burning it than custodians of their corporate trust.

To: Joe NYC who wrote (206445)	10/14/2004 12:21:16 PM
From: tejek	Read Replies (1) \| Respond to of 1574494

Your view is very negative.....another alternative to a raise in pay: The people who are making $5.15 when raised to $7 can cut back on the hours they put in a second job. I explained they work on commission. Say the commission is $1 per completed task. Some can complete 15, others 10, some can only complete 5 tasks per hour. How do you pay $7 to someone who created economic value of only $5 and stay in business? Why do you assume they only create $5 of economic value? Again, a negative assumption.