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dawgs10
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Postby dawgs10 » February 12th, 2009, 5:18 am

heres the flaw in your logic. i have a 401k. its not much. they send me a letter once a year. i dont have any say in how the company is ran. and yes i am a stockholder. i am not the stockholder that has millions in stock so they dont care what i think. say what you want, when the right people get less money than they expected people loss their jobs. hard working people that ran the register or the machine. the ceo gets millions, the major stockholders get millions and the person that made the money for them gets laid off.

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Postby DaJudge » February 12th, 2009, 5:55 am

Dawgs, what you seem to have is a serious case of wealth envy and hater-ation in your game. I'm not wealthy either, but I don't begrudge those that are. Wealthy people, by and large, didn't get that way because of luck, or because they cheated somebody. They got rich because they worked hard, educated themselves, and made good choices.

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Postby Full Quiver » February 12th, 2009, 12:38 pm

DaJudge is right about stockholders not all being rich.

Of course the Saudis own lots of stock also.
I have piped unto you, and ye have not danced!

dawgs10
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Postby dawgs10 » February 12th, 2009, 1:57 pm

DaJudge wrote:Dawgs, what you seem to have is a serious case of wealth envy and hater-ation in your game. I'm not wealthy either, but I don't begrudge those that are. Wealthy people, by and large, didn't get that way because of luck, or because they cheated somebody. They got rich because they worked hard, educated themselves, and made good choices.


not the case at all. but i do believe to much is given much is required.

one love
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Postby one love » February 12th, 2009, 2:10 pm

Dawgs I understand your point but the one running the register is not the reason that person is rich.
The one laying floors, running wire,mechanic, roofer, none of these is why someone is rich. Why? Because they are all replaceable! The owner is not, he built the business he is the one that is making money for YOU to work.

If people started being thankful for their jobs instead of acting as if their boss is evil we would all be better off.

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TW
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Postby TW » February 12th, 2009, 2:53 pm

dawgs10,
There was a time when I felt very much like you do, particularly about the salary of the President of the Corporation that owns the company that I work for. Then I started to research the Corporation, it's history, asset, etc.. What I found out gave me pause to stop and reevaluate my thinking. The Corporation was founded in 1969 as a Mortgage Company, through sound business practices and good decision making it has had steady growth. This Corporation now owns 96 companies, and even in the poor market conditions of today they earned a modest 3.8 billion dollars last year, employing over 50,000 people. The President of the Corporation is responsible for the continued growth and prosperity of the company. He is held accountable by the Board of Directors, and they in turn are held accountable by the stockholders. That's just the way it works. People like you and me with our few thousand dollars invested in stock, hoping to earn a annual dividend on our stock when we retire. The big money players in the stock market are not interested in the nut and bolt operations of the companies that they buy stock in, they will only hold on to those stocks until they can sell them for a profit.


TW
Anglo-Saxon Proto-English Manuscripts (995 AD): “God lufode middan-eard swa, dat he seade his an-cennedan sunu, dat nan ne forweorde de on hine gely ac habbe dat ece lif."

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dawgs10
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Postby dawgs10 » February 13th, 2009, 3:04 pm

one love wrote:Dawgs I understand your point but the one running the register is not the reason that person is rich.
The one laying floors, running wire,mechanic, roofer, none of these is why someone is rich. Why? Because they are all replaceable! The owner is not, he built the business he is the one that is making money for YOU to work.

If people started being thankful for their jobs instead of acting as if their boss is evil we would all be better off.


Jack Eckerd used to say there are not registers in the corp. office. the corp office doesnt make a dime for the company. sorry but your way off. yes, everyone is replaceable. if you define replaceable as someone that can be replaced by someone with a pulse. not everyone is replaceable when you take into account what they bring to the table. trust me, i have hired and replaced people for years. not everyone is really replaceable.


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