I'm telling you. The Ferengis are in control. Their motto? Greed is eternal!
I'm telling you. The Ferengis are in control. Their motto? Greed is eternal!50% raise damn. We're lucky to get 2% lol. Some people don't realize how good they have it.
I wish news of the attack happened before my automatic dividend reinvestment.Also, Iran is about to launch another attack on Isreal.
They know they have the upper hand. Asking for ridiculous things since they know they can put a strangle on the economy.50% raise damn. We're lucky to get 2% lol. Some people don't realize how good they have it.
Unless old man Biden relents and breaks the strike this could be Kamala's October surprise handing Trump a victory.They know they have the upper hand. Asking for ridiculous things since they know they can put a strangle on the economy.
What needs to happen is a big public outcry to diminish their standing.
I wouldn't mind a dip, but I've been above 15% YTD today, although ending around 14%.Port strike by goons who refused a 50% raise and oppose even mild automation will spank the market. Old man Biden refused to intervene.
I am short for now.
Less money for you to sponge up? Poor Felix.Port strike by goons who refused a 50% raise and oppose even mild automation will spank the market. Old man Biden refused to intervene.
I am short for now.
Shorting is the worst kind of sponging.Less money for you to sponge up? Poor Felix.
You should probably get a job. And no, you will not get a 50% raise. 😀Less money for you to sponge up? Poor Felix.
Exactly. How are we to evolve as a society if we cannot benefit from technological advancement?Fighting automation is a losing battle.
Port strike by goons who refused a 50% raise and oppose even mild automation will spank the market. Old man Biden refused to intervene.
I am short for now.
Unless old man Biden relents and breaks the strike this could be Kamala's October surprise handing Trump a victory.
People always vote their wallet and hard market pull back before an election will have a political impact.
Also Middle East turmoil sunk the Democrats in 1979/1980.
Exactly, not a lot of horse carriage shops around these days.Exactly. How are we to evolve as a society if we cannot benefit from technological advancement?
Step away from the computer homegirl. If what you say is true than old man Biden must be trying to sabotage Kamala by supporting yet another greedy union group when all he has to do is order those morans back to work for a cooling off period ... after the election.This has nothing to do with Biden. The head of this Union is a Trump-humping MAGAT bitch, like you. The demands are patently absurd because this is intentional. He threatened to do this only to influence the election. He's said this publicly.
Stop lying, you simp.
^ A parasite who calls the workers greedy. Find productive employment, Felix.Step away from the computer homegirl. If what you say is true than old man Biden must be trying to sabotage Kamala by supporting yet another greedy union group when all he has to do is order those morans back to work for a cooling off period ... after the election.
But no, we must refuse all automation.
I was going to cite that earlier. Humans have been automating processes for centuries. Its only within the last hundred years we had to tolerate unions. At first, their cause was noble as employers were mad with power and had to be reigned in. Over the next few decades progress was made in the workplace for all.Exactly, not a lot of horse carriage shops around these days.
But if you want to avoid strikes then you should have a good unemployment program that will help people economical and reschool them for another job.
Well, Denmark is build on unions and we seem to do alright.I was going to cite that earlier. Humans have been automating processes for centuries. Its only within the last hundred years we had to tolerate unions. At first, their cause was noble as employers were mad with power and had to be reigned in. Over the next few decades progress was made in the workplace for all.
However now the power shifted to the other side and unions literally destroyed GM and Chrysler with excessive wages and other requirements like pay during for no work that made their products non competitive. Both companies went completely bankrupt while non union companies survived the Great Recession of 2008-2012. The exception was Ford in that they borrowed every last dime to survive and forced the unions to accept deep wage concessions.
Fast forward to the last 4 years and here we are again, astronomical wage demands (which so far have been met) but more importantly resistance to change which would help lower the costs to consumers and that is .... automation and AI. While I am not big fan of either, we must accept that it is here to stay.
Blame UPS Teamsters, the Actors Guild, blame Shawn Fein, and now here come the lazy asses at the ports. They are going too far damnit!
And if you have read my posts in the past you know I have been arguing against excessive prices, high Bidenflation, lack of taxes on the richest, CEOs taking all the profit and not sharing with employees, etc., so you know I think things need to change.
But gigantic pay raises and stopping automation is not the solution to high prices. At all.
So you are back to spewing bullshit in defense of wealthy class parasitism. Get a productive job, Felix, and stop sponging off the workers. Who knows, you might earn some self respect.I was going to cite that earlier. Humans have been automating processes for centuries. Its only within the last hundred years we had to tolerate unions. At first, their cause was noble as employers were mad with power and had to be reigned in. Over the next few decades progress was made in the workplace for all.
However now the power shifted to the other side and unions literally destroyed GM and Chrysler with excessive wages and other requirements like pay during for no work that made their products non competitive. Both companies went completely bankrupt while non union companies survived the Great Recession of 2008-2012. The exception was Ford in that they borrowed every last dime to survive and forced the unions to accept deep wage concessions.
Fast forward to the last 4 years and here we are again, astronomical wage demands (which so far have been met) but more importantly resistance to change which would help lower the costs to consumers and that is .... automation and AI. While I am not big fan of either, we must accept that it is here to stay.
Blame UPS Teamsters, the Actors Guild, blame Shawn Fein, and now here come the lazy asses at the ports. They are going too far damnit!
And if you have read my posts in the past you know I have been arguing against excessive prices, high Bidenflation, lack of taxes on the richest, CEOs taking all the profit and not sharing with employees, etc., so you know I think things need to change.
But gigantic pay raises and stopping automation is not the solution to high prices. At all.
We must maintain the balance of power and provide good jobs but fair prices to consumers as not everyone can simply demand 50% more pay.Well, Denmark is build on unions and we seem to do alright.
The point being with new technology the efficiency of each worker should increase, and the workforce should then move to were it is needed. Over decades we have built our flexicurity model, where unions, politicians and employer organizations has sat down and develop a model where it is relatively easy to fire people and implement new technologies, because we also have good unemployment benefits and there are good possibilities of being retrained and acquiring new skills.
But the model requires a relatively highly skilled and efficient workforce, and there are few unskilled jobs to find which makes it hard for immigrants and people with few skills to get a job.
Definitely, usually pay raises should come with increased efficiency.We must maintain the balance of power and provide good jobs but fair prices to consumers as not everyone can simply demand 50% more pay.
All these wage hikes come and bite us all in the ass in the form of higher prices.
By taxing the rich and providing jobs and affordable housing by kicking hedge funds out of middle class single family housing.. we can all realize our wildest fantasies.
Who says there was no increase in productivity?I've never been a part of a union. It does seem nice from the outside getting large pay raises without the need for increased employee productivity or performance.
Here I am slogging away hoping my job performance gets noticed for a 5% pay increase. Usually have to settle for pizza parties.