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

To: bentway who wrote (469186)	4/6/2009 10:42:13 AM
From: Road Walker	Read Replies (2) \| Respond to of 1578689

Just look at the excesses of Wall Street. Corporate America is no paragon of thriftiness. Public institutions, despite Ten's perceptions, are much more so. I know around here salaries are public record... and public money so the press is all over it. If there is waste the press is all over it. All contracts are open bid... the public knows exactly what's going on. A cut in tax revenue (which is happening big time right now) results in a cut of projects and jobs. It used to be that government was secure employment... not any more. Lower pay than the private sector, fewer perks... but yes better benefits.

To: bentway who wrote (469186)	4/6/2009 12:39:42 PM
From: tejek	Respond to of 1578689

So with revenue down, they are cutting into the bone, not just the meat." Having worked in corporations for years, I have seen wasteful spending out the wazoo. I worked a in branch office of a CA software company where they flew the ENTIRE office of 43 from Austin Tx. to a CA resort for a week for a rah rah, cheerleading company meeting. Including our amazed janitor and ditzy receptionist! Just look at the excesses of Wall Street. Corporate America is no paragon of thriftiness. Public institutions, despite Ten's perceptions, are much more so. That is so true. One company I worked for my boss called me in and said I was doing a good job and he had decided to give me his daughter's sports car because she was tired of it. It was less than a year old. Later that year, he took his family of 4 to Italy and they spent $200k per week for 4 weeks touring Italy. The company paid for it. That's why it kills me when people like Tim defend so adamantly the capitalistic way of life in this country.......like it so perfect.