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#26 2009-10-22 8:20 pm

sturner
Royal High Poobah
Moderator
From: Carrollton, TX USA
Registered: 2000-01-31
Posts: 13767

Re: 'Administration to slash pay at bailed-out firms'

Not many union jobs in Texas. And yes I did work union once. As unskilled laborer.


I'm not dead yet.
There are 3 types of people, those who can count and those who can't.
"There are few things graven in stone, excepting your date of death."

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#27 2009-10-22 8:43 pm

Pariah
James Carville Fan..
From: Belly Of The Beast, Oklahoma!
Registered: 2001-05-24
Posts: 18394

Re: 'Administration to slash pay at bailed-out firms'

sturner wrote:

Not many union jobs in Texas. And yes I did work union once. As unskilled laborer.

I was in the Amalgamated Meat Cutters union of America. It was a good deal. Dues were $50 every three months and I was making $6.75 an hour which was good money in 1977.
I was only 18 at the time and I found out about a couple of bars that would serve anyone who could show a union card.
Benefit of the brotherhood. smile


"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama

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#28 2009-10-22 9:01 pm

bedstuy
Archimandrite, Eastern Elite
From: King Cole Bar, St. Regis Hotel
Registered: 2003-09-20
Posts: 13620

Re: 'Administration to slash pay at bailed-out firms'

*sniff* smells like socialism

The Federal Reserve joined the Treasury Department on Thursday in imposing new limits on executive pay, extending the government's control over compensation at taxpayer-owned companies to institutions that are merely government regulated.

The restrictions were the latest in more than a year's worth of government intercession into matters once considered inviolable aspects of the country's free-market economy and represent a signal moment in the history of the American economic experiment. After years of setting minimum wages, the government is now telling some companies how they should structure pay for the men and women who run them. European governments, particularly Germany and France, have pressed for international standards capping executive pay, a move that the United States and Britain have resisted, and these are the first steps that the United States has made in that direction.

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#29 2009-10-22 9:11 pm

Pariah
James Carville Fan..
From: Belly Of The Beast, Oklahoma!
Registered: 2001-05-24
Posts: 18394

Re: 'Administration to slash pay at bailed-out firms'

I love the smell of socialism in the morning. Smells like victory.


"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama

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#30 2009-10-23 4:28 am

avkills
demyelinated brain matter
Registered: 2001-05-09
Posts: 7094

Re: 'Administration to slash pay at bailed-out firms'

Personally I agree with the measure.  You mean to tell me that the top management in the other branches of AIG had no clue what the poisoned branch was doing...no smurfing way.  They are guilty by not stopping the insanity.

The government has every right to impose these measures because the people (taxpayers) now have a stake in the company and every single person I've talked to wants AIGs balls snipped.

I like your + 1 million 90% tax idea Pariah.  Universal Health care could be started just by the tax that Bill Gates has to pay... wink

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