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Thread: CEOs lay off thousands, rake in millions

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    Re: CEOs lay off thousands, rake in millions

    I have suggested or stated in the past - that what ever the Media / Press tells you - you have to question. Don't automatically believe a story!

    The first Warning sign should have been this story came from MSNBC - an extremely Biased news source.
    Then you should have looked to find out who was the Source?

    The report came from the ---------- "Institute For Policy Studies"

    Isn't that nice - Who are they?

    The next two lines are what was displayed in the Search result and tells you who they are > (and also tells me not to bother looking any further - it's garbage material at best)


    The additional problem is most or very few Liberals ever bother to find out the source or try to read alternate - or Conservative oriented material on the same issue. If they did - they would not be so quick to swallow the biased - often highly distorted material from Progressive sources.
    Google Search Result >

    Institute for Policy Studies: Ideas into Action for Peace, Justice ...
    Ideas into action for peace, justice, and the environment: IPS is the nation's oldest progressive multi-issue think tank.


    It claims it's the Oldest Progressive > multi - issue think tank.
    The fact that it a PROGRESSIVE organization immediately tells me that what it produces will perhaps be 90% biased - but at least 50% biased against business, Conservatives, Christians, Capitalism, and Republicans and equally biased for any Democrat - Progressive issue.

    It even includes the Marxist phrase - "Peace and Justice" the phrase used by pro Marxist ideologues. Then it throws in another indicator -
    Environment which all of them taken together tells you it is a far left Liberal Progressive propaganda machine.

    It's the exact type of organization that when the Liberal Media / Press wants to put a special far left spin on some story they request a Progressive robot from an organization like this; to come on the news program as an expert. They know exactly how he / she will respond because they are all pre - programmed.

    All the article is - is Liberal Leftist Propaganda.
    It's a continued pattern with all Liberal material. I have followed up and examined hundreds of these kind of articles and found mostly garbage.

    The New York Times - the alleged standard for Journalism is a perfect example of Convoluted, Biased, Distorted, Unreliable Bilge.
    There is a website - "Times Tracker" that does nothing but report on the daily bias, lies, yellow Journalism and Progressive agenda driven leftist ideology of the paper. The difference is they back it up with facts you can research.
    Last edited by Cyborg; 09-02-10 at 02:54 AM.

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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by rivrrat View Post
    Education is really irrelevant to IQ tests.
    Not true. Answers to the questions asked on many of the questions asked on IQ tests are much easier to answer if you've had education. A lack of education will hamper your ability to answer these questions and thus lower your resulting score.

    See for yourself

    IQTest.com
    I'm Done

    See my last post

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    Re: CEOs lay off thousands, rake in millions

    I believe that sone people are just born smarter than others.

    I mean, Bush is a Yale graduate and he's a moron.
    “The means of defense against foreign danger historically have become the instruments of tyranny at home."
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Johnny View Post
    I believe that sone people are just born smarter than others.
    That's fine, but can you prove that belief?

    I mean, Bush is a Yale graduate and he's a moron.
    I never said education guaranteed a higher IQ score, but it certainly makes it more possible.
    I'm Done

    See my last post

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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Hoplite View Post
    Not true. Answers to the questions asked on many of the questions asked on IQ tests are much easier to answer if you've had education. A lack of education will hamper your ability to answer these questions and thus lower your resulting score.

    See for yourself

    IQTest.com
    Real IQ tests (not the ones you find online) are designed such that they test IQ without being significantly affected by educational attainment. IQ is a good predictor of educational achievement, not merely a reflection.

    That's fine, but can you prove that belief?
    How is this in dispute? IQs can range from low double digits to over 200. The difference between someone who is mentally disabled and Einstein is not simply education or privilege. Some people are indisputably born smarter than others.
    Last edited by RightinNYC; 09-02-10 at 06:55 AM.
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Hoplite View Post
    Not true. Answers to the questions asked on many of the questions asked on IQ tests are much easier to answer if you've had education. A lack of education will hamper your ability to answer these questions and thus lower your resulting score.

    See for yourself

    IQTest.com
    I don't need to see for myself. I had one administered when I was 8. Hence my saying that education didn't matter, since I was... eight.

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    Re: CEOs lay off thousands, rake in millions

    If I had 50 employees at $8.00/hr - working 40 hours a week . . . I'm paying them a total of $320.00 each per week - which is $16,000 per week total.
    That's $64,000 per month. $786,000 per year.

    If I fire half of them - my company then retains that extra $$ . . which is $384,000.

    However - the problem, here, is that the remaining workers must pick of the slack.

    I have thus netted myself more money. . . but I've ****ed over my other employees who are now working double-time. If I don't give them incentive to stay (which is the left over pay from the others who I let go of or increased benefits) then I have set myself up for a crappy business ethic - pushing too few people too hard to get work done for the same amount of $$.

    They will be looking for work elsewhere and bailing out asap.

    Either way you look at it - it paints an 'ultimate doom' scenario for a company.

    The only way to actually save a failing company is to reduce or liquefy your assets. Maybe letting go of people who are directly related to those assets being *there* - *and then* based on that result of that - deciding if you need to let more of your employees go.
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Aunt Spiker View Post
    If I had 50 employees at $8.00/hr - working 40 hours a week . . . I'm paying them a total of $320.00 each per week - which is $16,000 per week total.
    That's $64,000 per month. $786,000 per year.

    If I fire half of them - my company then retains that extra $$ . . which is $384,000.

    However - the problem, here, is that the remaining workers must pick of the slack.

    I have thus netted myself more money. . . but I've ****ed over my other employees who are now working double-time. If I don't give them incentive to stay (which is the left over pay from the others who I let go of or increased benefits) then I have set myself up for a crappy business ethic - pushing too few people too hard to get work done for the same amount of $$.

    They will be looking for work elsewhere and bailing out asap.

    Either way you look at it - it paints an 'ultimate doom' scenario for a company.

    The only way to actually save a failing company is to reduce or liquefy your assets. Maybe letting go of people who are directly related to those assets being *there* - *and then* based on that result of that - deciding if you need to let more of your employees go.

    Exactly true. My wife is going through that right now with the company she was, (today is her last day) working for. They continually put more on her to pick up the slack of those that would quit or be fired, and now they have moved in addition to mandatory overtime, but hiring temp workers instead of hiring quality people. Thank God she's oughta there.


    j-mac
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by j-mac View Post
    Exactly true. My wife is going through that right now with the company she was, (today is her last day) working for. They continually put more on her to pick up the slack of those that would quit or be fired, and now they have moved in addition to mandatory overtime, but hiring temp workers instead of hiring quality people. Thank God she's oughta there.


    j-mac
    Yep.

    When a company resorts to this 'bailing out' tactic it only staves them over for a while - they will eventually tapout. Once a company does this it's sign to the remaining employees they need to ditch and find a company that has the potential to be around in 30 years.

    The government's full of **** when they keep giving companies that are on these last legs more money to stay afloat. Once a company lets go of their essentials (employees) then that means they've dissolved their ethics and nailed the coffin shut and are just floating along.

    The only way to save a company that's wandered that way is to replace the decision makers with those who might be able to head it in the right direction.
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
    Pynchon - Gravity's Rainbow

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