BDx13
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G.E.: $14B in '10 profits, $0 corporate tax paid, now asking unions for wage & benefit concessions
It really is mind boggling...
G.E.’s Strategies Let It Avoid Taxes Altogether
http://www.nytimes.com/2011/03/25/business/economy/25tax.htm...
After Paying Zero Income Taxes, GE Plans To Ask Its Union Workers To Make Wage And Benefits Concessions
http://thinkprogress.org/2011/03/28/ge-union-workers-cuts/
If I fail math, there goes my chance at a good job and a happy life full of hard work.
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lifeisabitch
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there is no way that we the people will ever be in control again...
and it's fucking sad that the last great generation spawned these sons and daughters of fucking evil...
fuck every hippie turned yuppie piece of shit in their face with broken glass
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clevohardcore
* Kick\'n ass on the wild side *
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Quote: | Originally posted by lifeisabitch
there is no way that we the people will ever be in control again...
and it's fucking sad that the last great generation spawned these sons and daughters of fucking evil...
fuck every hippie turned yuppie piece of shit in their face with broken glass |
Each aspect of the soul has it's own part to play, but the ideal is harmonious agreement with reason and control.
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XHonusWagnerX
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My company just got bought by GE in January. Our union contract ends next week but they got the membership to accept a 1 year extinction of our
current contract with no changes but a 2% raise.
It was accepted by a vote of like 130 to 10 or something. I voted against it because I think that 1 year gives GE time to get all their other unions
to make consessions and then give us the same shit offer next April.
The world is fucked.
Quote: | Originally posted by REV.PAULIE
HONUS-as much as i can't stand a great deal of what you really like (for my own reasons that i would never hold,nor impose,against you),YOU FUCKING
RULE!
YOU,HONUS,IS WHAT MAKES THE "EDGE" COOL.
YOUR FRIEND,
PAULIE |
check out my post contributions at www.VinylNoize.com
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lifeisabitch
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so what dude you could be out of there next year????
fuck that
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clevohardcore
* Kick\'n ass on the wild side *
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UNIONS NEED HELP. SERIOUS HELP.
Each aspect of the soul has it's own part to play, but the ideal is harmonious agreement with reason and control.
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barc0debaby
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Quote: |
fuck every hippie turned yuppie piece of shit in their face with broken glass |
Word. Especially how these cocksuckers have fucked us kids on education. Back when this generation went to college, it was nearly free. They could
complete college and still be able to participate in the social uprisings of the time. They didn't have to work full time and squeeze in classes,have
to rent a room from their parents and eat fucking rice and beans all day. The cost of college is twice the inflation rate. Since 1982 energy costs
have gone up 108%, medical costs 250% and college fucking 440%. The UC system in California raised tuition 32% in 2009, then another 8% in 2010; and
simultaneously cut programs, teaching staff, etc. a total of $813 million in cuts; but approved executive pay raises, with top earners averaging
around $300-500,000 a year. I have to pay hundreds of times more, for increasingly less of a college experience than ass wipe baby boomers were able
to enjoy.
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newbreedbrian
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Shit like just depresses me honestly. We've been headed down this road for a long time now, and it's only gonna get worse. The people really
controlling things have fucking us down to a science at this point. I need a beer.
The very existence of flamethrowers proves that sometime, somewhere, someone said to themselves, ?You know, I want to set those people over there on
fire, but I?m just not close enough to get the job done.? George Carlin
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XHonusWagnerX
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Quote: | Originally posted by lifeisabitch
so what dude you could be out of there next year????
fuck that
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I'm not sure what you mean, you mean on strike? I would say it's doubtful because I think our membership is very weak and will take almost anything
they are offered. I really wanted another 3 year contract like our past ones because as much as I hate the job I can't just lose it right now.
Quote: | Originally posted by REV.PAULIE
HONUS-as much as i can't stand a great deal of what you really like (for my own reasons that i would never hold,nor impose,against you),YOU FUCKING
RULE!
YOU,HONUS,IS WHAT MAKES THE "EDGE" COOL.
YOUR FRIEND,
PAULIE |
check out my post contributions at www.VinylNoize.com
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BDx13
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i think he was asking if there's a chance you might get laid off.
If I fail math, there goes my chance at a good job and a happy life full of hard work.
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lifeisabitch
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Quote: | Originally posted by BD
i think he was asking if there's a chance you might get laid off. |
yeah that's what I was reading from your statements
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DaveMoral
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Seems like the only solution is revolution...
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XHonusWagnerX
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Oh sorry. Hum, we had layoffs twice last year but I have a decent number of people below me in seniority so I'm good for now. We will see what happens
next year. I don't fear a lay off that will effect me. I think a strike or the place closing are somewhat possible but even that is debatable.
Even if I got laid off I could collect unemployment for 2-3 years and go to school to get a skill. So I don't think it would be the worst thing ever.
Quote: | Originally posted by REV.PAULIE
HONUS-as much as i can't stand a great deal of what you really like (for my own reasons that i would never hold,nor impose,against you),YOU FUCKING
RULE!
YOU,HONUS,IS WHAT MAKES THE "EDGE" COOL.
YOUR FRIEND,
PAULIE |
check out my post contributions at www.VinylNoize.com
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XHonusWagnerX
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Quote: | Originally posted by DaveMoral
Seems like the only solution is revolution... |
I agree. Middle & lower income people need to rise up and not take any more shit.
Quote: | Originally posted by REV.PAULIE
HONUS-as much as i can't stand a great deal of what you really like (for my own reasons that i would never hold,nor impose,against you),YOU FUCKING
RULE!
YOU,HONUS,IS WHAT MAKES THE "EDGE" COOL.
YOUR FRIEND,
PAULIE |
check out my post contributions at www.VinylNoize.com
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BDx13
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how the fuck would you be able to collect unemployment for 2 to 3 years?
(asks the guys who wouldn't be able to collect unemployment for a single day if he lost his work)
If I fail math, there goes my chance at a good job and a happy life full of hard work.
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XHonusWagnerX
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I dont know specifics butnwe hwvebguys laid off who were told with extensions they can collect for almost 2 years. Plus our union filed for some
program and was accepted where anyone laid off from our facility (union or not) can go into the program which includes an extra year of unemployment
IF you go to their training and then schooling of your choice. Catch is if you fail or quit you owe for ALL the schooling.
The big bonus is that when you collect unemployment you have to be ready to to work at any time. With this program you are not ready to work because
you're in school. They also have ways to help you get a job after your schooling.
Quote: | Originally posted by REV.PAULIE
HONUS-as much as i can't stand a great deal of what you really like (for my own reasons that i would never hold,nor impose,against you),YOU FUCKING
RULE!
YOU,HONUS,IS WHAT MAKES THE "EDGE" COOL.
YOUR FRIEND,
PAULIE |
check out my post contributions at www.VinylNoize.com
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Colin
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Quote: | Originally posted by XHonusWagnerX
Quote: | Originally posted by DaveMoral
Seems like the only solution is revolution... |
I agree. Middle & lower income people need to rise up and not take any more shit. | take advantage of your
right to bear arms while you still have it.....I myself need to start shopping around the pawn shops this summer. I'm fairly sure some shit's gonna
go down within my lifetime. Some people call that paranoid...I think it's common sense
record collectors are pretentious assholes
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clevohardcore
* Kick\'n ass on the wild side *
Posts: 12937
Registered: 9-19-2004
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Quote: | Originally posted by XHonusWagnerX
I dont know specifics butnwe hwvebguys laid off who were told with extensions they can collect for almost 2 years. Plus our union filed for some
program and was accepted where anyone laid off from our facility (union or not) can go into the program which includes an extra year of unemployment
IF you go to their training and then schooling of your choice. Catch is if you fail or quit you owe for ALL the schooling.
The big bonus is that when you collect unemployment you have to be ready to to work at any time. With this program you are not ready to work because
you're in school. They also have ways to help you get a job after your schooling. |
^^^^^^^^^^^^ My lazy ass father has been collecting unemployement for almost 2 years now. It will be 2 years this August. He cries and acts like its
terrible, but he aint trying to get a job. It's fucking pathetic.
Each aspect of the soul has it's own part to play, but the ideal is harmonious agreement with reason and control.
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clevohardcore
* Kick\'n ass on the wild side *
Posts: 12937
Registered: 9-19-2004
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Mood: Sick Of It All, Youth Of Today
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Quote: | Originally posted by Blackout Colin
Quote: | Originally posted by XHonusWagnerX
Quote: | Originally posted by DaveMoral
Seems like the only solution is revolution... |
I agree. Middle & lower income people need to rise up and not take any more shit. | take advantage of your
right to bear arms while you still have it.....I myself need to start shopping around the pawn shops this summer. I'm fairly sure some shit's gonna
go down within my lifetime. Some people call that paranoid...I think it's common sense |
^^^^^^^^^^ Do you think they would allow you to buy up weapons before they try and outlaw/snake em? No because they would mehtodically fleece everyone
first. Its a scary thought, but it could happen.
Each aspect of the soul has it's own part to play, but the ideal is harmonious agreement with reason and control.
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Mark Lind
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The thing is this though...... this doesn't mean they have all that money sitting in a bank account somewhere. What was the yield to their preferred
and common stock holders for 2010? It's likely gone.
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BDx13
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GE is also tricky because there are SO many individual businesses under that name.
http://www.google.com/hostednews/ap/article/ALeqM5i9Kvmj6JHB...
Overall, GE has almost $80 billion in cash. The financial parts of its businesses, like lending arm GE Capital, are required to keep more resources on
hand.
GE has also raised its quarterly dividend twice in the last seven months, first from 10 cents to 12 cents a share and then from 12 to 14. For the
year, that means it would pay out 56 cents a share.
Two years ago, GE's dividend was more than twice that — $1.24 a year. Like many companies, it has a long way to go before it starts rewarding
shareholders as well as it did before the Great Recession.
If I fail math, there goes my chance at a good job and a happy life full of hard work.
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DaveMoral
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Posts: 4334
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Location: Ardmore PA
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Quote: | Originally posted by Blackout Colin
Quote: | Originally posted by XHonusWagnerX
Quote: | Originally posted by DaveMoral
Seems like the only solution is revolution... |
I agree. Middle & lower income people need to rise up and not take any more shit. | take advantage of your
right to bear arms while you still have it.....I myself need to start shopping around the pawn shops this summer. I'm fairly sure some shit's gonna
go down within my lifetime. Some people call that paranoid...I think it's common sense |
I'm actually pretty well convinced that nothing will happen.
Motherfuckers here are too well fed and hypnotized to take to the streets and overthrow an obviously corrupt political-corporate system. We all hate
Congress, we all hate the corporations paying off Congress, but not a one of us is going to do a single goddamn thing about it. We are scared, and we
don't want to lose the perception of a "good thing" we've got in this live-to-work world where we voraciously accumulate more and more, and in the
mean time find ourselves less and less happy and content. We are black holes of desire and so long as we've got bountiful amounts of overpriced,
undernourishing "food" on the table, and TV and video games to keep us occupied we are copacetic.
Very few people, including those who get out with a few picket signs, are really serious about a real change in the way things are done. We pay lip
service to it because it makes us feel good, but at the end of the day we've fallen for the canard that are vote means a damn thing while we see every
single one of these twerps we put in Congress or the White House is more beholden to corporate interests(especially the military-industrial complex)
than it is to "We the People."
Maybe at the end of the day skyrocketing prices for utilities and necessities will be a good thing... because it'll finally make people fed the fuck
up and we'll take to the streets and do to the motherfuckers in Washington what they Egyptian people did to Musharraf.
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Mark Lind
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Quote: | Originally posted by BD
GE is also tricky because there are SO many individual businesses under that name.
http://www.google.com/hostednews/ap/article/ALeqM5i9Kvmj6JHB...
Overall, GE has almost $80 billion in cash. The financial parts of its businesses, like lending arm GE Capital, are required to keep more resources on
hand.
GE has also raised its quarterly dividend twice in the last seven months, first from 10 cents to 12 cents a share and then from 12 to 14. For the
year, that means it would pay out 56 cents a share.
Two years ago, GE's dividend was more than twice that — $1.24 a year. Like many companies, it has a long way to go before it starts rewarding
shareholders as well as it did before the Great Recession. |
Which part of their organization is asking for a cut back in union benefits?
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BDx13
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not sure.
in related news, this is hilarious:
http://news.yahoo.com/s/yblog_thecutline/nightly-news-stays-...
If I fail math, there goes my chance at a good job and a happy life full of hard work.
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XHonusWagnerX
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Registered: 7-14-2005
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I think all the Energy division shops are going to negotions now so it's probably them, but I bet it is or will be all divisions.
Quote: | Originally posted by REV.PAULIE
HONUS-as much as i can't stand a great deal of what you really like (for my own reasons that i would never hold,nor impose,against you),YOU FUCKING
RULE!
YOU,HONUS,IS WHAT MAKES THE "EDGE" COOL.
YOUR FRIEND,
PAULIE |
check out my post contributions at www.VinylNoize.com
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