Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (188542)	12/4/2006 4:52:16 PM
From: ManyMoose	Respond to of 793964

That works in a fully employed market, but if the economy tanks employers that suck survive, provided they are profitable. If they aren't profitable, they take their employees' pension plans down with them, witness ENRON and Kaiser Aluminum. That to me is criminal, because those employees made life decisions based on what they were told, which turned out to be a lie. I've heard the Costco executive board has tried to cut employee benefits, but the CEO resists it because he knows it would cut into their productivity and his profitability.