$22.62 minimum wage!

[westwall]

A person is not a commodity!​

Their labor IS!

So you believe that human beings should be treated as animals fit only to serve as slaves under the lash of a master?

Not at all. And, more to the point no where does my post imply that. I notice your little butt boy neo Nazi jumped on board to support you. Here's the deal little socialists... in a collectivist society PEOPLE are only worth what they can produce. If you don't produce you don't eat.

If, in wartime, you have no useful skills, you get to link arms and walk through minefields to clear them. Do you see how that works? In a capitalist society people are valuable in and of themselves. Their labor IS a commodity, but they have other value as well.

In a socialist society they are only worth what the STATE tells them they are worth. There is no upward mobility (save in extremely rare instances). There is only downward.

Your ignorance is simply astounding.

 

[Againsheila]

It was the CEO's responsible for the failed banks and the failed corporations.

To an extent yes, and to another, no. When profit is private and debt is public, there is a serious issue.

Capitalism works and is the most fair and effective system known to man. The market showed that what AIG, Morgan Stanley, General Motors, and so many others did was bad business. The market was poised to correct the bad decisions made. BUT government stepped in and thwarted the market.

Why do some CEO's take foolish risks? Because there is no risk. As long as they are connected, the government will use taxpayer funds to bail them out. This creates an incentive for CEO's to behave irresponsibly.

They make money off of sending our jobs overseas

If they do, then there is a serious problem. If shipping products thousands of miles away from the intended consumer market, manufacturing that item, then shipping it thousands of miles back is more economical than manufacturing domestically, then there are cancerous deficiencies in the domestic work force.

and hiring slave labor in other countries and in the end, that's going to cost you. It was our healthy middle class that made us the richest country in the world, not the top 1% that you worship.

I am well educated. I understand economics and markets. I have expertise in Lean and Six Sigma. I understand a spaghetti chart and the impact of logistics on a process. IF a domestic process is so fucked up that sending it across an ocean is profitable, then the board room is the last place to look for the cause.

I am an executive in a company that routinely takes work away from China - because we are innovative and efficient.

With the middle class disappearing, so goes our wealth. Soon those corporations that spread out overseas will lose everything as the people who purchased their goods, won't be able to afford it anymore. Some of that's already happened. Some of it has been pushed off to future generations with taxpayer bailouts.

I will remind you that disparity in wealth accumulation is greater under Obama than any president in history. These socialists and fascists you turn to as saviors, are that real enemy.

#1 catalyst for offshoring - The EPA. Why don't we make PCB's in this county? Because it is virtually illegal.

I'm not going to take your post apart because it gets too confusing. Yes, they make money off of shipping jobs overseas, also from laying people off. When they do things like that, the stocks go up and the CEOs have stock incentives so they make money off of that. I agree it's wrong. It's also a big contributor to our declining economy.

 

[Uncensored2008]

I'm not going to take your post apart because it gets too confusing. Yes, they make money off of shipping jobs overseas, also from laying people off.

The slogans that your union has trained you to recite are bullshit.

No one makes money from laying off workers. One makes money from making and shipping products and services. If there are layoffs, it is because there is a downturn in sales, or because the workforce is not productive.

When they do things like that, the stocks go up and the CEOs have stock incentives so they make money off of that. I agree it's wrong. It's also a big contributor to our declining economy.

So, you think stocks go up when companies produce and sell less products and services?

 

[Againsheila]

I'm not going to take your post apart because it gets too confusing. Yes, they make money off of shipping jobs overseas, also from laying people off.

The slogans that your union has trained you to recite are bullshit.

No one makes money from laying off workers. One makes money from making and shipping products and services. If there are layoffs, it is because there is a downturn in sales, or because the workforce is not productive.

When they do things like that, the stocks go up and the CEOs have stock incentives so they make money off of that. I agree it's wrong. It's also a big contributor to our declining economy.

So, you think stocks go up when companies produce and sell less products and services?

No, I know that there is a temporary increase in stocks every time the CEO lays off people or ships jobs overseas.

 

[Uncensored2008]

No, I know that there is a temporary increase in stocks every time the CEO lays off people or ships jobs overseas.

You don't "know" that anymore than you "know" that Pixy Dust makes boys fly.

You may believe absurd fantasy, but knowledge it is not.

 

[Againsheila]

No, I know that there is a temporary increase in stocks every time the CEO lays off people or ships jobs overseas.

You don't "know" that anymore than you "know" that Pixy Dust makes boys fly.

You may believe absurd fantasy, but knowledge it is not.

You're fired. Stock rises. Wall Street loves layoffs - The Buzz - Investment and Stock Market News

HowTheMarketWorks.com - Stock Price Factors

http://www.emeraldinsight.com/bibliographic_databases.htm?id=1957377

Try doing some reading, you'll be surprised what you learn.

 

[Uncensored2008]

You're fired. Stock rises. Wall Street loves layoffs - The Buzz - Investment and Stock Market News

HowTheMarketWorks.com - Stock Price Factors

http://www.emeraldinsight.com/bibliographic_databases.htm?id=1957377

Try doing some reading, you'll be surprised what you learn.

Again, the simple mind of the left is easily confused.

IF a company is bleeding cash, cost cutting measures will shore up stocks. But the investor who pours money into companies engaged in layoffs will soon be in the poor house.

A person who is in serious debt might find relief by quitting his monthly mortgage payment, but this is not the path to stability or growth. A company that ceases to produce is short lived.

 

[Againsheila]

You're fired. Stock rises. Wall Street loves layoffs - The Buzz - Investment and Stock Market News

HowTheMarketWorks.com - Stock Price Factors

http://www.emeraldinsight.com/bibliographic_databases.htm?id=1957377

Try doing some reading, you'll be surprised what you learn.

Again, the simple mind of the left is easily confused.

IF a company is bleeding cash, cost cutting measures will shore up stocks. But the investor who pours money into companies engaged in layoffs will soon be in the poor house.

A person who is in serious debt might find relief by quitting his monthly mortgage payment, but this is not the path to stability or growth. A company that ceases to produce is short lived.

Oh, I agree whole heartedly. The problem is that today's CEOs are hired from outside the company and their goal is to make as much money as possible no matter the consequences, after all, they get paid whether the company succeeds or fails. And if they cash in their stock options at the right time, they make a heck of a lot of money and don't care when the company fails.

 

[dannyboys]

You're fired. Stock rises. Wall Street loves layoffs - The Buzz - Investment and Stock Market News

HowTheMarketWorks.com - Stock Price Factors

http://www.emeraldinsight.com/bibliographic_databases.htm?id=1957377

Try doing some reading, you'll be surprised what you learn.

Again, the simple mind of the left is easily confused.

IF a company is bleeding cash, cost cutting measures will shore up stocks. But the investor who pours money into companies engaged in layoffs will soon be in the poor house.

A person who is in serious debt might find relief by quitting his monthly mortgage payment, but this is not the path to stability or growth. A company that ceases to produce is short lived.

Oh, I agree whole heartedly. The problem is that today's CEOs are hired from outside the company and their goal is to make as much money as possible no matter the consequences, after all, they get paid whether the company succeeds or fails. And if they cash in their stock options at the right time, they make a heck of a lot of money and don't care when the company fails.

What age are you? Eight? There is no such animal as a CEO who gets paid whether the company succeeds or fails. It's written into every CEO contract: "You eff up you go home empty handed".
No company hires any CEO who hasn't had a proven record of success. A CEO has on average about three quarters to prove themselves, at best, or they are down the road and their career as a CEO is over. Period.
Your average large company always has one or two 'back-up' CEOs waiting in the wings. Every CEO knows this. It's "produce or fuck off".
As to the 'stock option' fantasy there are very strict 'benchmarks' every CEO must meet for the stock options to actually materialize.
You talk like a child when it comes to this subject. There must be threads you have more background in. Like the current price of Cabbage Patch dolls on EBay.

 

[OnePercenter]

A person is not a commodity!

You are an uneducated dolt, living in mom's basement, spending your days smoking dope.

Labor absolutely is a commodity. When the sink breaks, your mom hires a plumber to fix it (because Allah knows you SURE the fuck have neither the talent or ambition to fix it - or even clean the pig sty of a room you wallow in.) When she hires the plumber, it isn't so that she can PAY A LIVING WAGE and make sure he is cared for, it's to GET THE FUCKING SINK FIXED. She purchases the labor as a commodity and looks for the best price she can get.

She purchased a service to satisfy her needs. Commodities are goods and services, not the people that provide the goods or services.

 

[itfitzme]

Why should a CEO be allowed to make 360 times that of the average serf?

Because he's worth it.

How do you measure that?

 

[OnePercenter]

What do you think the +32% is?

A number you made up out of thin air, because you are an ignorant and uneducated fool.

No, +32% is an average ACTUAL cost of labor for employers. As an example; $10.00 + 32%. If you have differing figures, I'd love to see them, but i doubt you have any.

 

[OnePercenter]

What a bunch of nonsense.
What you lefties refuse to acknowledge is the fact that labor is a commodity.
The market rate for low skill entry level jobs is at the appropriate level proportionate to the available labor pool eligible to perform those jobs.
Just because thinkprogress offers an opinion does not make it fact.

A person is not a commodity!​

God I'd LOVE to be in a job interview with you when you tell that to anyone remotely thinking of hiring you. You're HILARIOUS!
Idea for you: Why not get a nice big button you can wear to the next.....if there ever will be, job interview. The button will proudly declare: "I"M A PERSON NOT A COMMODITY!"

Commodities are goods or services. Baring slave auctions, people are neither.

 

[OnePercenter]

Their labor IS!

So you believe that human beings should be treated as animals fit only to serve as slaves under the lash of a master?

Not at all. And, more to the point no where does my post imply that. I notice your little butt boy neo Nazi jumped on board to support you. Here's the deal little socialists... in a collectivist society PEOPLE are only worth what they can produce. If you don't produce you don't eat.

If, in wartime, you have no useful skills, you get to link arms and walk through minefields to clear them. Do you see how that works? In a capitalist society people are valuable in and of themselves. Their labor IS a commodity, but they have other value as well.

In a socialist society they are only worth what the STATE tells them they are worth. There is no upward mobility (save in extremely rare instances). There is only downward.

Your ignorance is simply astounding.

Police bomb squads are officers that have 'no useful skills'? Commodities are goods or services. Slaves are purchased goods, but that's illegal in the US.

 

[Pop23]

A person is not a commodity!​

God I'd LOVE to be in a job interview with you when you tell that to anyone remotely thinking of hiring you. You're HILARIOUS!
Idea for you: Why not get a nice big button you can wear to the next.....if there ever will be, job interview. The button will proudly declare: "I"M A PERSON NOT A COMMODITY!"

Commodities are goods or services. Baring slave auctions, people are neither.

You may not like it called a commodity, that's okay, but labor is absolutely treated as a commodity.

Just like any other valuable commodity, the less there is available the more the price rises.

Not exactly sure why that's debatable.

 

[itfitzme]

If instead the federal minimum wage had grown at the same rate as one-percenter earnings, it would sit at $22.62 per hour today — 212 percent higher than the current wage floor.

More like $23.50/hr.

Where The Minimum Wage Would Be If The Top One Percent Didn't Leave Workers Behind

National minimum wage is $7.25 earning $15080 yearly for full time. $11,490 is national poverty level. Results may vary in different states.

 

[Ame®icano]

[ame=http://www.youtube.com/watch?v=LLr5oWfoWRY&list=UUIjuLiLHdFxYtFmWlbTGQRQ#t=84]Will Walmart shoppers support "Every Day High Wages?" - YouTube[/ame]

 

[OnePercenter]

God I'd LOVE to be in a job interview with you when you tell that to anyone remotely thinking of hiring you. You're HILARIOUS!
Idea for you: Why not get a nice big button you can wear to the next.....if there ever will be, job interview. The button will proudly declare: "I"M A PERSON NOT A COMMODITY!"

Commodities are goods or services. Baring slave auctions, people are neither.

You may not like it called a commodity, that's okay, but labor is absolutely treated as a commodity.

Just like any other valuable commodity, the less there is available the more the price rises.

Not exactly sure why that's debatable.

So people aren't commodities, but are treated as commodities? Sounds like right-wing social babble.

 

[itfitzme]

Commodities are goods or services. Baring slave auctions, people are neither.

You may not like it called a commodity, that's okay, but labor is absolutely treated as a commodity.

Just like any other valuable commodity, the less there is available the more the price rises.

Not exactly sure why that's debatable.

So people aren't commodities, but are treated as commodities? Sounds like right-wing social babble.

Well, I wouldn't quite agree exactly. Labor is a commodity like any commodity. There is the labor market, with housefolds supplying labor and firms demanding it. Labor is certainly a commodity.

The economics of labor is a specific specialization in economics.

People, on the other hand.....

 

[Pop23]

Commodities are goods or services. Baring slave auctions, people are neither.

You may not like it called a commodity, that's okay, but labor is absolutely treated as a commodity.

Just like any other valuable commodity, the less there is available the more the price rises.

Not exactly sure why that's debatable.

So people aren't commodities, but are treated as commodities? Sounds like right-wing social babble.

Try having a labor force without people to supply the labor