Death to Capitalism
- Thread starter HarperCons
- Start date
In countries like Canada, the Boomers are the ones paying a ton of money in taxes. Once they are gone, so are their tax dollars.
... Careful what you wish for
Yes, I fully embrace it. There will be 5 house for every canadians after boomers are dead. It will be great
And we can bring in lots of muslims to fill in the gap. And women will be told to shut the fuk up again. It will be grand
Boomers kicking the bucket is definitly a great step in the right direction
They have been dead weight for 30 years already.
Its how trickle down economy works. Other generations have been waiting for boomers to die to have the opportunity to have kids of their own.
Its why we need to fill in The gap with Muslims who populate much faster.
The Boomers have (or are currently) moving into retirement homes. That said, their homes are being (or have been) snapped-up already by the market.
Simpler times I guess, huh?
... Except for the billions they pay in taxes... Things like paying school taxes with no kids in the system
There is a large population that can't afford kids right now. Subtract the Boomer tax dollars and that cost to the individual rises significantly
A truly incoherent and unsupported post. Why don't you print it out and paste it on your fridge where you can read it when you are a senior?
Geez, looks like someone is paying close attention to Cannucklehead's drivel! I never would have thunk it!
Without that CEO all those minimum wage workers would not have any job. Or welfare because without those CEOs there would be nobody working to pay taxes so the government could pay welfare.
The real question is how many thousands of people will no longer buy KFC because of the price increase? A $15/hr job aint worth squat when it is gone.
I'd prefer a happy medium. I think the C.E.O. could survive fairly well on a wage of say $100 an hour.
You're right, dammit! We should fire all those minimum wage workers! KFC doesn't need them, it has a top-notch CEO!
As you very well know it is a symbiotic relationship. Anyone not liking what the board of directors decides the CEO should be compensated can chose not to eat at KFC. Or any chain for that matter.Or apply for the job if they think they can do as well for less money.
Also the CEO is taxes on that income unlike minimum wage workers that pay no taxes.
You also didn't Ger free medical and dental with the nonexistant welfare cheque.Or a pension if you happened to live long enough.
That is less than a senior bureaucrat makes. And about a third of what a lowlife ambulance chaser makes.
Yeah, but just because some are being grossly over paid, should some guy in charge of chicken breasts and French fries be getting an obscene salary? Besides what's he doing to promote healthy eating and good nutrition? How healthy is that batter they put on the chicken. I think the industry is probably a fail!
American Airlines on Thursday did something that’s good for its workforce and good for its passengers: It announced healthy pay increases for its pilots and flight attendants, two years ahead of the expiration of their union contracts.
In response, Wall Street absolutely slaughtered American’s stock. The airline’s shares lost more than 8% in value over the ensuing two trading sessions, a loss of about $1.9 billion in market value in 48 hours.
This slide tells you much more about Wall Street than American Airlines, and nothing good. In fact, the incredible whining about the pay raises that has come from Wall Street securities analysts is proof positive that they have no conception of what it takes to operate a successful airline under today’s conditions, or about the customer service disasters that are turning the industry into a national joke.
“This is frustrating,” Kevin Crissey, an airlines analyst for Citigroup, bellyached to clients after the announcement. “Labor is being paid first again. Shareholders get leftovers.”
One doesn’t know what to say to this, except: Is he kidding? From 2014 through 2016, American Airlines authorized $9 billion in share buybacks, money that went directly into shareholders’ pockets. The company also paid out 40 cents per share in shareholder dividends in both years. By contrast, the pay raises will cost American $1 billion over three years. Pilots will get 8% and flight attendants 5% through the end of the current contract.
Wall Street's grousing about American Airlines' worker raises shows what's wrong with Wall Street - LA Times
In response, Wall Street absolutely slaughtered American’s stock. The airline’s shares lost more than 8% in value over the ensuing two trading sessions, a loss of about $1.9 billion in market value in 48 hours.
This slide tells you much more about Wall Street than American Airlines, and nothing good. In fact, the incredible whining about the pay raises that has come from Wall Street securities analysts is proof positive that they have no conception of what it takes to operate a successful airline under today’s conditions, or about the customer service disasters that are turning the industry into a national joke.
“This is frustrating,” Kevin Crissey, an airlines analyst for Citigroup, bellyached to clients after the announcement. “Labor is being paid first again. Shareholders get leftovers.”
One doesn’t know what to say to this, except: Is he kidding? From 2014 through 2016, American Airlines authorized $9 billion in share buybacks, money that went directly into shareholders’ pockets. The company also paid out 40 cents per share in shareholder dividends in both years. By contrast, the pay raises will cost American $1 billion over three years. Pilots will get 8% and flight attendants 5% through the end of the current contract.
Wall Street's grousing about American Airlines' worker raises shows what's wrong with Wall Street - LA Times
Or move to a better tax climate.
American Airlines on Thursday did something that’s good for its workforce and good for its passengers: It announced healthy pay increases for its pilots and flight attendants, two years ahead of the expiration of their union contracts.
In response, Wall Street absolutely slaughtered American’s stock. The airline’s shares lost more than 8% in value over the ensuing two trading sessions, a loss of about $1.9 billion in market value in 48 hours.
This slide tells you much more about Wall Street than American Airlines, and nothing good. In fact, the incredible whining about the pay raises that has come from Wall Street securities analysts is proof positive that they have no conception of what it takes to operate a successful airline under today’s conditions, or about the customer service disasters that are turning the industry into a national joke.
“This is frustrating,” Kevin Crissey, an airlines analyst for Citigroup, bellyached to clients after the announcement. “Labor is being paid first again. Shareholders get leftovers.”
One doesn’t know what to say to this, except: Is he kidding? From 2014 through 2016, American Airlines authorized $9 billion in share buybacks, money that went directly into shareholders’ pockets. The company also paid out 40 cents per share in shareholder dividends in both years. By contrast, the pay raises will cost American $1 billion over three years. Pilots will get 8% and flight attendants 5% through the end of the current contract.
Wall Street's grousing about American Airlines' worker raises shows what's wrong with Wall Street - LA Times
I wonder what investor groups are crying the blues. Besides the union pension funds of course.
"Cutting off your nose to spite your face" is often counter productive!
Believing in a system that is designed to screw you ten times to Sunday is counter productive. The rich get richer and the poor get poorer because the rich control the system and you ain't rich. A bunch of wage slaves protecting their slave masters is just plain dumb.
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Don't sweat the small stuff, Cliffy and that includes everyone else! As long as a guy has enough to live in relative comfort, then you can just sit back and watch everyone else trying to screw the Joneses.