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[TIMBONI] Friday, December 19, 2008 12:00:50 AM 
Good night.
  [Show/Hide Quoted Message] (Quoting Message by Vaillant 3.0 from Thursday, December 18, 2008 11:58:50 PM)
[Vaillant 3.0] Thursday, December 18, 2008 11:58:50 PM 
Hope you two have fun at Cabo. 
My time here is up for now. Time to let the niece have some fun on this laptop. Goodnight!!
  [Show/Hide Quoted Message] (Quoting Message by TIMBONI from Thursday, December 18, 2008 11:47:21 PM)
[TIMBONI] Thursday, December 18, 2008 11:47:21 PM 
Keep me up to speed, I've got an un-opened bottle of Silver Patron with your name on it !  
  [Show/Hide Quoted Message] (Quoting Message by guidogodoy from Thursday, December 18, 2008 11:14:15 PM)
[guidogodoy] Thursday, December 18, 2008 11:36:40 PM 
Oh you'll know I'll take pics! Meet up with Sammy and some of the Red Rocker fire-water and it might be of a tree but you'll see pix!
  [Show/Hide Quoted Message] (Quoting Message by Vaillant 3.0 from Thursday, December 18, 2008 11:34:00 PM)
[Vaillant 3.0] Thursday, December 18, 2008 11:34:00 PM 
If you two are going to Cabo, then take some pics...and say hi to Tío Osiel for me!!
  [Show/Hide Quoted Message] (Quoting Message by guidogodoy from Thursday, December 18, 2008 11:14:15 PM)
[guidogodoy] Thursday, December 18, 2008 11:14:15 PM 
Timbo...we meeting up in Cabo for a tequila with Sammy or what? 30th! I am in SoCal!
[Head banger] Thursday, December 18, 2008 9:06:27 PM 
to justify an income, its logical to use the same formula we use to justify pricing.  Scarcity
Who has the skill set to do that job?
who has the experience, education and drive.  
go back to Ford, just for fun.  who can run that company, probably a few hundred people.  most of them run other similar companies.  its a huge responsibliity.  hundreds of thousands of people could well loose their jobs is (and he did) he screws up.  scares the hell out of people

now, the guy screwing on the left tail light on the new focus. (ok, its mexican, but still)  any one of us on this board could do it.  most of us would be bored stiff, but its not that hard.  a few of the jobs on the asembly line would be physicaly dificult, for a few days till we got used to it.  

there are those who would hate a physicaly demanding job, those who would hate to work at a desk, those who love responsibility, and those who fear it.


your experince, skills, drive and education determine your value, which determines your wage. 
  [Show/Hide Quoted Message] (Quoting Message by Deep Freeze from Thursday, December 18, 2008 11:24:14 AM)
[Head banger] Thursday, December 18, 2008 8:47:45 PM 
what about the fuckheads who put a bottle with a marble in it, inside the door or Quarter when they are asembling the car.  even if you proved it the union wouldnt let you fire them.  Unions used to have their place, now they are just there to ensure mediocrety.  if mediocre is your goal, a union may help you get there, but god forbid you want to be great, or even good.
  [Show/Hide Quoted Message] (Quoting Message by METAL MELTDOWN from Thursday, December 18, 2008 2:33:12 PM)
[Deep Freeze] Thursday, December 18, 2008 3:31:10 PM 

Well ( I am not ignoring your baby brain report MM) I completely agree regarding unions. Simply a vehicle for lazy good-for-nothings to retain employment. And talk about over paid!! YIKES!!  I like what jimmy said earlier about successful business leaders, try to emulate them not disparage them. Good advice, I think.

Look, I am not condoning bad business. I am not supporting those that would commit malfeasence. I am only trying to come at it all from a different angle. There is too much greed in the business world, you're right MM.  But there are also many, many hard working, deserving managers and leaders that do FAR more than collect big bonuses! Far more.


Edited at: Thursday, December 18, 2008 3:35:17 PM
[METAL MELTDOWN] Thursday, December 18, 2008 3:02:59 PM 
Not to change the subject...seems like everyone bolted anyway.......

Check this bit of weirdness out. Body parts removed from a babys brain!! .....

http://abcnews.go.com/Health/SecondOpinion/story?id=6488655&page=1

[jimmyjames] Thursday, December 18, 2008 2:46:30 PM 

Those are the ones i was meaning. Not the trust fund babies. I hate them too.


  [Show/Hide Quoted Message] (Quoting Message by guidogodoy from Thursday, December 18, 2008 2:39:08 PM)
[METAL MELTDOWN] Thursday, December 18, 2008 2:45:47 PM 
There is NOTHING wrong with making million of dollars a year.  There is something extremely PERVERSE about making that kind of money while your company go's to hell and then asking the government for a hand out and THEN asking for a big fat bonus after said handout!!!!!
  [Show/Hide Quoted Message] (Quoting Message by jimmyjames from Thursday, December 18, 2008 2:09:21 PM)
[guidogodoy] Thursday, December 18, 2008 2:39:08 PM 
I would concede that point were you speaking of the "bootstrappers." The ones who had the drive to create something out of nothing. The Mozilla / Yahoo group.

However, I grew up in the Detroit suburbs and know all too well that it is all about dynasty. I did construction on MULTIPLE ford mansions (I am speaking of great grandkids here). OLD money. What did they do to deserve such an advantage? Well, they were born. Ford, Bush, Fischer. ALL came from old money. I appreciate the great grandfather who might have built an empire but I despise trust-fund babies. Paris Hilton...look at what a huge industry SHE actually runs! Perfumes, clothing lines, (arg) TV. Sadly, SHE is an industry. Should I try to learn from her? Sorry, I don't want to emulate her nor any other of the hundred of "dynasty" family kids I knew who were born with silver spoons in their mouths.

I respect Bill Gates / Steve Jobs more. Bill, especially. Despite his sucky OS, he is one who really gives back to society in donations. Most of which fly right under the radar as he doesn't want his name associated with magnanimous deeds.
  [Show/Hide Quoted Message] (Quoting Message by jimmyjames from Thursday, December 18, 2008 2:09:21 PM)
[METAL MELTDOWN] Thursday, December 18, 2008 2:33:12 PM 
UNION UNION UNION....HERES A STORY OR 2 FOR YA......

Years ago when I drove trucks, one of the jobs I had to do for my company was to babysit the GM engine line.   I would witness, every time I went in EXCESS on the clock.   There would be people sitting on their asses in a break area that would be sittin in the same spot hours later.  I have seen people who were supposed to be working who were sleeping.  I had to wake a guy up one time and he actually got pissed that I woke him up and he WAS on the clock.

I overheard 2 employees there talking about who the hightest paid person on that plant was.  You would think it was the general Manager or someone else in authority.  NO,  it was a fucking tool room attendant!! He made,  I cant remember the exact figure, but it was well in excess of 100K.  How did he do it??? By going in and sitting on his ass and extra 20 or 30 hours a week collecting over time because the goddamned UAW said he could do it!!!!!

The smartest thing Delphi ever did was to restructure and shit can the UAW here in western NY.  Those guys that are in there now are still making a damn good living in there and it is saying Delphi millions of dollars....

The UAW is half the reason you paid 30 thousand for the 15 thousand dollar car you bought......

Can you tell I am anti-union!!!!   [Show/Hide Quoted Message] (Quoting Message by guidogodoy from Thursday, December 18, 2008 2:15:02 PM)
Edited at: Thursday, December 18, 2008 2:34:26 PM
[METAL MELTDOWN] Thursday, December 18, 2008 2:24:34 PM 
Its unfortunate that the bad ones in the news are at the helm of this country going in the shitter right now. It greed Mike, GREED.  The people on wall street and in Detroit are NOT the only ones.  They are the ones who got caught!  I am sure we will hear about more to come.  One thing about a recession is that it will weed out the weak and fucked up in business and I am sure we will start hearing about CEO's from other industry who is taking a back seat to wall street and detroit in the media right now........
  [Show/Hide Quoted Message] (Quoting Message by Deep Freeze from Thursday, December 18, 2008 1:51:47 PM)
[guidogodoy] Thursday, December 18, 2008 2:15:02 PM 
Oh, you KNOW MM is right. Finance plays all sorts of games to show a profit by "mergers" and "acquisitions" of failing businesses (false profit...heh....) and most have a guaranteed bonus written right into their contracts. Signing bonus along the lines of Pro sports athletes (and I STILL want to be an NBA star...I have DRIVE, man!). I could cite a hundred examples from the tech industry. CEOs that were given insane amounts of money with absolutely NO audits / checks of any kind. As long as they were in the black by the end of the fiscal year was it. Fantasy "black" as it turned out but that is what has helped lead this country to the mess it is in right now in the first place, IMO.

Sorry, this Detroit kid knows too many that will be shut out of work with the Chrysler shutdown and GM / Ford isn't doing much better as per my friends who actually work the line. UNIONS hurt them big-time as it pushes industry to Mexico (thank you NAFTA) to produce most of an auto, rush it across the border, put a steering wheel on it and call it "American." That Union message is a pretty constant message from my friends. However, the upper-admin isn't doing much to help. Especially when you are dealing with freezing cold temps in MI and heating prices going through the roof. Very sad.
Edited at: Thursday, December 18, 2008 2:24:03 PM
[jimmyjames] Thursday, December 18, 2008 2:09:21 PM 
In my opinion if someone is making millions of dollars a year in salary or bonuses they've done something to deserve it. Instead of criticizing these people for their mistakes why not learn from them and try to emulate their success.
[Deep Freeze] Thursday, December 18, 2008 1:51:47 PM 
I understand, MM. I really do. If you want, we can do it mathematically. Divide the number of CEOs and Upper management personnel by the number of "bad" ones in the "news". But I do understand what you are saying.
  [Show/Hide Quoted Message] (Quoting Message by METAL MELTDOWN from Thursday, December 18, 2008 1:32:18 PM)
[METAL MELTDOWN] Thursday, December 18, 2008 1:32:18 PM 
From an article in the NY Times..........

For Dow Kim, 2006 was a very good year. While his salary at Merrill Lynch was $350,000, his total compensation was 100 times that — $35 million.

The difference between the two amounts was his bonus, a rich reward for the robust earnings made by the traders he oversaw in Merrill’s mortgage business.

Mr. Kim’s colleagues, not only at his level, but far down the ranks, also pocketed large paychecks. In all, Merrill handed out $5 billion to $6 billion in bonuses that year. A 20-something analyst with a base salary of $130,000 collected a bonus of $250,000. And a 30-something trader with a $180,000 salary got $5 million.

Those are not even CEO'S....

This is from a dec 07 CNN article......

NEW YORK (CNNMoney.com) -- Goldman Sachs Chairman and CEO Lloyd Blankfein will take home nearly $68 million in restricted stock, options and cash, making it the largest bonus ever given to a Wall Street CEO.

Blankfein was awarded $26.8 million in cash and $41.1 million in restricted stock and stock options, according to a company filing with the Securities and Exchange Commission issued Friday.

Goldman Sachs reported a 2.2 BILLION dollar loss this year!!!  Nearly 1/4 of that went to this FUCKS bonuses last year!!  Not all CEO'S are pieces of shit Freeze but this clown and those that hang with him on Wall Street and those Running the Auto Industry ARE.  Unfortunatly its these industries that is part of the Fucking of America right now.  I wanted to toss my cookies when those clowns from the "BIG 3" all flew to DC in individual private JETS to ask congress for BAIL OUT MONEY.......


  [Show/Hide Quoted Message] (Quoting Message by Deep Freeze from Thursday, December 18, 2008 11:24:14 AM)
[Vaillant 3.0] Thursday, December 18, 2008 12:19:03 PM 
Such a shame, too. You could have been famous.
  [Show/Hide Quoted Message] (Quoting Message by guidogodoy from Thursday, December 18, 2008 12:09:31 PM)
[guidogodoy] Thursday, December 18, 2008 12:09:31 PM 
Hey, I don't know about all that there stuff but all I know is that I have great drive to become an NBA center.

Bastards won't even give me a CHANCE! Talk about "the Man" keeping the little guy down!
  [Show/Hide Quoted Message] (Quoting Message by Deep Freeze from Thursday, December 18, 2008 11:24:14 AM)
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