FRONTLINE - United Bankruptcy

[AA717driver]

Some of the things that used to attract workers to companies are fast dissappearing. Job security, stability and pensions are all a thing of the past. Might not be a bad idea to pull up stakes at Corporation X and start your own company to run the way you see fit.

Right. I grew up in a home where my father had intense loyalty to his company. Why? Because his company had intense loyalty to the employees.

Now, I have no loyalty to my present company (or the one I might get recalled to, for that matter). If a better deal comes along, I'll take it. The carpetbagging CEO's have created a bunch of workers who have the same values as they do. I don't know if this will harm American business but I'm guessing it will.TC

 

[TraneOfThought]

That show scared the sh$t outta me. After watching frontline it made realize just how much these companies dont give a rat's @ss about you. To think that united costs about 400mil to operate while the workers gave 3.5 billion to save united while tilton smiles with his multimillion dollars retirement package. Sad part is that its not just the airlines but dayum near all these corporations are stepping over dollars pick up dimes. cheap @ss mu$$%@#!

 

[Big Duke Six]

For the record, I was "pinning" it on Carter only to illustrate Dragin's short (IMHO) sightedness. It is not one party or the other. I used to think it was just the Democrats, but Bush has changed the way I feel about politics nowadays. This country is being run into the ground for the sake of short-term profits.

Take PurpleInMem's quote:

Corporations exist to increase shareholder wealth...they serve no other purpose...to that end they will do whatever is necessary, often at the expense of loyal employees.

I don't believe that. At least, I don't want to believe it. I believe the reasons for their existence are manyfold (manifold?). I believe they exist to produce things at a profit, yes, but I believe it is the greed of the individuals in charge that causes the "at the expense of the employees" part.

I believe it is the people who think like the people Purple described who are the problem. (Wow, I just said that 3 times out loud and it was pretty funny...)

Anyway, not to drag this out but we also have to take blame for this, rather than laying it all on the feet of the politicos. We don't have to come to work. Not to flame anyone here, but this industry has had and will have many opportunities to put the brakes on Management abuse. Put these guys out of a job a few times and see what happens. Yes they have Golden Parachutes and blah blah blah, but if if every time a Glenn Tilton went to court to throw out pensions and he came back to find no one coming to work then I think Mgmt would have to re-think their strategy. It's a moot point now though, there is nothing left to save.

 

[vetteracer]

I love how it's always the "other party's fault". Wake-the-F-up! Just about every single member of Congress is corrupt to a certain extent.

Whether it's Duke Cunningham taking Bentleys or Evan Bayh's wife sitting on several BOD's without the slightest shred of the necessary qualifications, corruption is pervasive within D.C. and, frankly, politics down to it's lowest level in our own towns. The Clintons have never had a real job in their lives (I don't count Hillary's time at the Rose Law Firm as a real job) yet they are worth hundreds of millions of dollars. On government pay? Same with just about any member of Congress who has been there for more than 10-15 years. They came in with modest personal wealth and they leave as multi-millionaires.

Draginass--It's not about Republicans or Democrats. It's about the "Elite Good ol' Boy Network"--The Ivy Leaguers who run our lives.

Look now at who is dragging their feet on immigration reform. It's BOTH parties! It chilled me to the bone when Bush spoke of a 'continental work force' that could ebb and flow wherever the jobs are.

Continental work force=no borders=no national soverignty=no U.S. Constitution or Bill of Rights.

A couple of years ago, I heard a stat that was also very chilling. Over half of the incoming freshman class at Yale were non-U.S. citizens. At first I thought this was affirmative action taken to an extreme. Now I realize it's expanding the Good-ol'-boy-network to the rest of the world. Why do you think Kofi Annan still keeps his job despite the rampant corruption in the U.N.? He's a graduate of M.I.T.--another elite East Coast school. He's in the club.

I never believed all that Council on Foreign Relations/Freemason/Bilderbergers/New World Order crap but an awful lot of the pieces of the puzzle are starting to fall into place.

Sorry for the rant.TC

Well said indeed !
What will it take in this country to elect statesman into office?

 

[AA717driver]

Well said indeed !
What will it take in this country to elect statesman into office?

I don't believe we have any statesmen left. TC

 

[Corona]

I don't believe we have any statesmen left. TC

Second that.

C

 

[Corona]

For the record, I was "pinning" it on Carter only to illustrate Dragin's short (IMHO) sightedness. It is not one party or the other. I used to think it was just the Democrats, but Bush has changed the way I feel about politics nowadays. This country is being run into the ground for the sake of short-term profits.

Exactly. However, it should be no surprise that the government is so short-sighted, when considering the huge revolving door between government office and the private sector. It's the same crooks going back and forth. The stupid American corporate mentality has infected our government.

Anyway, not to drag this out but we also have to take blame for this, rather than laying it all on the feet of the politicos. We don't have to come to work.

Yep, again. We still elect our leaders, however contaminated the system has become. We get the government we deserve.

C

 

[G4G5]

This is an absolute must watch: It takes around 5 minutes to get to the UAL stuff in part 1

http://www.pbs.org/wgbh/pages/frontline/retirement/view/1_hi.html

Part 2 is dedicated to UAL (and explains part of the reason why I think Tilton is the biggest piece of trash in this industry)

http://www.pbs.org/wgbh/pages/frontline/retirement/view/2_hi.html

Just 2 more months before Tilton and the UAL managers can start to cash in their stock options.

 

[Draginass]

For the record, I was "pinning" it on Carter only to illustrate Dragin's short (IMHO) sightedness. It is not one party or the other. I used to think it was just the Democrats, but Bush has changed the way I feel about politics nowadays. This country is being run into the ground for the sake of short-term profits.

Take PurpleInMem's quote:



I don't believe that. At least, I don't want to believe it. I believe the reasons for their existence are manyfold (manifold?). I believe they exist to produce things at a profit, yes, but I believe it is the greed of the individuals in charge that causes the "at the expense of the employees" part.

I believe it is the people who think like the people Purple described who are the problem. (Wow, I just said that 3 times out loud and it was pretty funny...)

Anyway, not to drag this out but we also have to take blame for this, rather than laying it all on the feet of the politicos. We don't have to come to work. Not to flame anyone here, but this industry has had and will have many opportunities to put the brakes on Management abuse. Put these guys out of a job a few times and see what happens. Yes they have Golden Parachutes and blah blah blah, but if if every time a Glenn Tilton went to court to throw out pensions and he came back to find no one coming to work then I think Mgmt would have to re-think their strategy. It's a moot point now though, there is nothing left to save.

I don't disagree with you. The Democrats are just as venal and corrupt as the Republicans. My point is that Republicans are in-charge now and have allowed the corporate elite in this country virtually a free rein as long as it's kept out of the news.