Buffalo News Article about Pinnacle---very good read

[Smarta$$]

Oh I know. It is the Merk'n way ala Romneynomics.

I agree, this is the way for most of corporate America. The rapidly increasing wealth gap statistics don't lie. So much for the FANTASY of trickle down economics....

Epic Fail.

 

[Crowing Rooster]

......

 

[wms]

There are whiners and winners, makers and takers, haves and have-nots. Which you will be is up to you, not society, the gov't or circumstances. Success is a personal commitment and not a result of complaining about what's unfair, but overcoming obstacles.

 

[jonjuan]

There are whiners and winners, makers and takers, haves and have-nots. Which you will be is up to you, not society, the gov't or circumstances. Success is a personal commitment and not a result of complaining about what's unfair, but overcoming obstacles.

Someone on this thread gets it. Otherwise it's the blame game.

 

[Smarta$$]

What a gross distortion of our economical system... being paid millions of dollars to leave the company you just ruined is not success. It is legalized theft.

Giving yourself (through your golf club, master of the universe BOD buddies) a HUGE raise days before your company files bankruptcy and demands that all employees "sacrifice" is not success. It is legalized theft.

There is nothing moral or noble about the "capitalism" that is being practiced at pinnacle, or most US corporations.

 

[fam62c]

No payey no worky.

 

[fam62c]

What a gross distortion of our economical system... being paid millions of dollars to leave the company you just ruined is not success. It is legalized theft.

Giving yourself (through your golf club, master of the universe BOD buddies) a HUGE raise days before your company files bankruptcy and demands that all employees "sacrifice" is not success. It is legalized theft.

There is nothing moral or noble about the "capitalism" that is being practiced at pinnacle, or most US corporations.

They sign contracts to deliver their product below cost then file bankruptcy and expect their already underpaid employees to work for less to make up the difference? It's unfortunate the job market is still soft or everybody could just quit and get better jobs. That would be the end of that once and for all. It looks like Delta is going to pony up the money to keep this ship afloat for awhile longer until they can sell what's left (after they stiff all the creditors) to another subcontract operation.

 

[JustaNumber]

There are whiners and winners, makers and takers, haves and have-nots. Which you will be is up to you, not society, the gov't or circumstances. Success is a personal commitment and not a result of complaining about what's unfair, but overcoming obstacles.

So you're saying that if you're smart enough and persistent enough to make it into the ranks of the thieves, then you are deemed a success?

If we actually had a fair system where hard work itself equalled success, I'd agree with you. But now the game seems to be, try to become smart enough to steal from those who already did the hard work. Atlas Shrugged, anyone? How'd that one turn out?

It looks like Pinnacle/Mesaba/Delta management intentionally agreed to an unsustainable business model, in order to use precedent (through the BK court and RLA pattern-bargaining) to force all other regionals into the same unsustainable model. It is sad that you aspire to become (or at least admire) these upper management "successful" individuals. It's time Americans redefine "success" in life.

 

[wms]

I'm saying you don't have to be corrupt to be successful, you have to be persistent. There will always be corruption and it will always be wrong. But don't use the corruption of others as an excuse for not trying. That's a cop-out.

And don't try to spread the rhetoric that capitalism and democracy are the soul breeding ground of corruption. There are people like you and me in socialist and communist countries that are just as fed up with corruption.

I don't admire the scumbags bags that exploit our companies and careers for their personal gain. It's criminal what the CEOs in our industry have done, but I'm not going to let that keep me from being legitimately successful.

 

[Medeco]

This.

I'm saying you don't have to be corrupt to be successful, you have to be persistent. There will always be corruption and it will always be wrong. But don't use the corruption of others as an excuse for not trying. That's a cop-out.

And don't try to spread the rhetoric that capitalism and democracy are the soul breeding ground of corruption. There are people like you and me in socialist and communist countries that are just as fed up with corruption.

I don't admire the scumbags bags that exploit our companies and careers for their personal gain. It's criminal what the CEOs in our industry have done, but I'm not going to let that keep me from being legitimately successful.