No bailout for middle, lower income groups

[bush_cheney2004]

A worker that does his job IS the company! Do you actually belive that some executive sitting in a black glass tower could actually put on the mitts and drive that drill into the ground personally to achieve oil wealth - without the real guys doing the real work a "company" would not exist -

Yet these "real guys" put their economic futures in the hands of the "executives".....because labor does not have the capital or business expertise. Every time I hear some blowhard "worker" crow about how much more valuable they are compared to management, I remind them of this fact.

I just expect the top dogs to be grateful to the little dogs that do the heavey lifting..but are disposed of like garbage if the slightest hint of fiscal failure shows it's ugly head - for better or for worse.......I would love to start my own company - but as Howard Hughes said - partnership is a dead weight - and the partners that I would consider don't like me because I have the talent and brains and they have the money - funny how the stupid guy ends up with all the cash.

Yea...funny how that works out....huh? Little dogs are little for a reason.

[ToadBrother]

Yet these "real guys" put their economic futures in the hands of the "executives".....because labor does not have the capital or business expertise. Every time I hear some blowhard "worker" crow about how much more valuable they are compared to management, I remind them of this fact.

And yet the management would have precious little to do without the worker. I see no reason to heap one on top of the other. Management need labour, labour needs management. I don't even bitch on a regular basis about high salaries and bonuses, but what has happened over the last fifteen years is nonsensical bonus behavior. Bonuses, in particular, must be tied to company performance. The recent moves by the G8, in the particular of requiring certain percentages of bonuses be paid in stock, and some portion to be delayed for three years. There have been too tales of excessive executive self-aggrandizement even as companies nosedive.

The notion of shareholder democracy, unfortunately, is not one that has been widely picked up. We've had a few shareholder revolts, but all in all, the executives and members of the board of many companies have been able to insulate themselves to a great extent from the shareholders, and this is the one area where some tight regulation would help.

I have no idea why some folks hate labor. I don't want to judge you harshly, because I don't know the full view, but surely labor has some legitimate gripes, in that the bailouts have not had the trickle down effect they were supposed to have.