Welcome login | signup
Language en es fr
OccupyForum

Forum Post: A Corporate Tale, from personal experience

Posted 1 year ago on June 24, 2012, 3 p.m. EST by myows (133)
This content is user submitted and not an official statement

The job WAS getting done properly when there were xxx number of
people in the group but now through layoffs/outsourcing/retirement packages, management has reduced the group down to 1/2 that number of people and it's NOT working out very well at all. So instead of bringing in 10% more people and seeing if that will improve the situation, management instead decides to reduce the group by another 10% and then they actually have the balls to bring in consultants to try and figure out how come the work is not getting done! So The stock price go's up a buck because of they cut the workforce in half and the executives reward themselves handsomely for that "accomplishment". The consulting firm (probably owned by the brother in law of one of the board members) will also make a killing.
The public is not getting anywhere near the level of service it's paying for. More middle class people are out of a job. We that remain employed are left to shake our heads wondering if we're actually on an episode of candid camera.

14 Comments

14 Comments


Read the Rules
[-] 4 points by geo (2638) from Concord, NC 1 year ago

True. I have seen this several times. The end result is the department gets outsourced.

[-] 2 points by Shule (1531) 1 year ago

One of the scarier lines I hear every so often coming from the management of the company I work for is "we're raising the bar." In plain workman's language that means "we're gonna get screwed again."

[-] 2 points by Nevada1 (4024) 1 year ago

Good Post

Have had similar experiences with corporations. Mergers can result in an employee purge of one of the work forces, with the remaining workers trying to do twice as much work.

Love this one-----Was working for a company, a new VP was hired. VP visits office, rounds everyone up, and tells us that "our employees are our most valuable asset". Soon after, big layoff.

[-] -1 points by atki4564 (1259) from Lake Placid, FL 1 year ago

True, "the public is not getting anywhere near the level of service it's paying for", so we need a new constitution, as follows:

We the peoples, in order to secure Freedom and Justice for All, do enact this Constitution for Strategic International Systems LLC (or SIS LLC) as summarized in the following Business Operations Forecast:

The customer value mission of SIS LLC is (1) to organize all customer-investors into 3,000 investment squad sites of 16 friends (or virtual specialties), and related internet investment legislatures of 50,000 friends (or virtual towns), requiring (2) a $20 weekly capital contribution for 1 year (or $1,000) to (3) create your investment club bank of 50,000 friends (or physical town) -- that is, having $50 million in initial assets -- which (4) due to the operation of today’s fractional banking system becomes (5) $500 million in new annual business loans (or $10,000 in new annual individual loans) from yourself as a new bank officer to yourself as a new business officer who (6) takes 75% employee business control as business officer-investors and 25% customer business control as bank officer-investors of (7) your specific 12 businesses (or investments) in your new bank investment account wherein (8) your investor voting power equals (9) your 1 of 12 levels of experience in (10) your 1 of 12 sectors in 1 of 50 industries in 1 of 200 occupations in 1 of 3,000 specialities which (11) votes-upon your purchasing (or investment) orders as (12) proposed by your employee-elected chain of command.

This means you will have 75% employee business control over your workplace as business officers and, as bank officers, 25% customer business control over all 12 investments (or businesses) in your new bank investment account. In turn, with this 100% town-level business control of your 3,000 workplaces, you can decrease your 12 customer consumption expenses by 75% for services, vehicles, education, retail, food, construction, technology, manufacturing, wholesale, health, justice, and banking expenses; that is, over your first 12 years of SIS LLC membership using a 75% more effective and efficient town design, and related 3,000 workplace designs (herein). Furthermore, while creating your new town & workplace design as described by this constitution, you will replace today’s communist big businesses, and related big governments, with your new small investment club banks, and related small businesses (or investments), as proposed, financed, and patronized by your 3,000 investment squad sites of 16 friends (or virtual specialties) in your internet investment legislature of 50,000 friends (or virtual town).

Why? First, because today’s executive business income (mostly from bank or financial asset income) is 33% of all income which is a huge amount of upper 1% income to split among yourselves as new bank officers having 25% customer business control, right? Second, because today’s executive business wealth is 42% of all wealth which is a huge amount of upper 1% wealth to split among yourselves as new business officers having 75% employee business control; that is, only after becoming new bank officers (above) first, right?

For example, this means if you earn $12/hour today, then you will earn $36/hour tomorrow after adding (1) your old wage income, plus (2) your 33% (more and new) interest income as a new bank officer, plus (3) your 42% (more and new) dividend & gain income as a new business officer. Together, these 4 sources of wealth & income from your specific 12 businesses (or investments) will double your net worth every 6-12 years (until retirement); that is, from the compound interest decline of today's upper 1% executives whom you will replace as the new bank & business investor-officers. So, with this power, let’s end today’s communist big businesses, and related big governments, okay? How? By helping to operate your own Business Operations Forecast (above) at http://finance.groups.yahoo.com/group/StrategicInternationalSystems/ ; so help us help you, today!

[-] 1 points by geo (2638) from Concord, NC 1 year ago

....you will replace today’s communist big businesses, and related big governments, with your new small investment club banks, and related small businesses (or investments), as proposed, financed, and patronized by your 3,000 investment squad sites of 16 friends (or virtual specialties) in your internet investment legislature of 50,000 friends (or virtual town).

Libe(R)tarian privatization scheme with a built in MLM pyramid scheme. Big business is not communist based.

[-] 1 points by atki4564 (1259) from Lake Placid, FL 1 year ago

No, big businesses are communist states just like big governments. For example, banking has 5 big banks which control 50% of the market, and 50% control is as good as 100% control, which is communist control by 5 banking CEOs (or collective dictatorship). Likewise, industry after industry operates with only a handful (or 5) big business players, so they too are also communist dictatorships, having 100% control with no accountability to anyone by themselves as upper 1% managers, right?

Also, all businesses and even industries have a chain of command (or pyramid), so your point there just a "scare" word.

As for libeRtarian; I'm a real Democrat seeking to create a direct democracy as described above, not one of today's fake democrats.

[-] 1 points by geo (2638) from Concord, NC 1 year ago

1) Look up the definition of Communism first of all.

2) "Also, all businesses and even industries have a chain of command (or pyramid), so your point there just a "scare" word."

No its not. .... "For example, this means if you earn $12/hour today, then you will earn $36/hour tomorrow after adding (1) your old wage income, plus (2) your 33% (more and new) interest income as a new bank officer, plus (3) your 42% (more and new) dividend & gain income as a new business officer. Together, these 4 sources of wealth & income from your specific 12 businesses (or investments) will double your net worth every 6-12 years (until retirement); that is, from the compound interest decline of today's upper 1% executives whom you will replace as the new bank & business investor-officers."

What the hell do you call the above??

[-] 0 points by atki4564 (1259) from Lake Placid, FL 1 year ago

You look-up communism because you obviously don't understand what a state (or corporate) dictatorship is, and as it exists in today's big banks and big governments.

As for the "above". I call it science. Can you mathematically prove otherwise? No.

[-] 1 points by geo (2638) from Concord, NC 1 year ago

A state dictatorship is not communism. It is a dictatorship. A corporate dictatorship is not communism but fascism. Communism is a classless, moneyless, and stateless social order structured upon common ownership of the means of production.... sorry but that is not Citigroup or JP Morgan.

I'll get back to your pyramid MLM scheme as it is not Science either, no matter what you personally call it.

[-] 1 points by atki4564 (1259) from Lake Placid, FL 1 year ago

Then neither is my proposal dictatorship either by your definition. Look, either start talking mathematically against the proposal or piss-off, for I have no time for people driven by fantasy, only facts.

[-] 1 points by geo (2638) from Concord, NC 1 year ago

Never called your proposal a dictatorship. I simply corrected your use of the word communism... as defined by Marx. I also object to your use of the word science to characterize your proposal.

I called your proposal a multilevel marketing scheme, for that appears to be the format.... I will get back to the proof later as I have stuff to do now.

[-] 1 points by atki4564 (1259) from Lake Placid, FL 1 year ago

As you have yet to speak scientifically (or mathematically), I await your scientific (or mathematical) reply.

And again, ALL businesses (or governments) are multi-level marketing, but that doesn't make them a scheme, only dictatorship does, whereas the above is direct democracy.

[-] 1 points by geo (2638) from Concord, NC 1 year ago

First you believe in fairy dust and unicorn farts if you think that 50,000 people are going to donate $20/ week for a year to generate the initial nut for your 'bank'. But lets say that they do....

There are the banking regulations you are going to have to deal with... here is a list of just the initial ones:

http://www.bankersonline.com/abcsoup/abcsoup.html

then you calculate that $50 million in initial assets -- which (4) due to the operation of today’s fractional banking system becomes (5) $500 million in new annual business loans. What about the required banking reserves you are required to hold? You just multiplied your $50 million by 10x. It doesn't work that way.

"or $10,000 in new annual individual loans) from yourself as a new bank officer to yourself as a new business officer".... well that number is going to be smaller as well because of the deduction of the reserves requirement."

"...from yourself as a new bank officer to yourself as a new business officer who (6) takes 75% employee business control as business officer-investors and 25% customer business control as bank officer-investors of (7) your specific 12 businesses (or investments) in your new bank investment account wherein (8) your investor voting power equals (9) your 1 of 12 levels of experience in (10) your 1 of 12 sectors in 1 of 50 industries in 1 of 200 occupations in 1 of 3,000 specialities which (11) votes-upon your purchasing (or investment) orders as (12) proposed by your employee-elected chain of command."

So all this gibberish describes how you can vote to have money spent. He with the most experience has more power in the voting, so an elite will determine how the money gets invested ultimately, according to the next paragraph which I won't copy.

My question is how can you still have takes 75% employee business control as business officer-investors and 25% customer business control as bank officer-investors, if this now gets modified by "your investor voting power equals (9) your 1 of 12 levels of experience in (10) your 1 of 12 sectors in 1 of 50 industries in 1 of 200 occupations in 1 of 3,000 specialities which (11) votes-upon your purchasing (or investment) orders"?

"Why? First, because today’s executive business income (mostly from bank or financial asset income) is 33% of all income which is a huge amount of upper 1% income to split among yourselves as new bank officers having 25% customer business control, right? Second, because today’s executive business wealth is 42% of all wealth which is a huge amount of upper 1% wealth to split among yourselves as new business officers having 75% employee business control; that is, only after becoming new bank officers (above) first, right?"

And I state NO. If everybody is kicking in for the initial investment the same amount of cash, $20/ week, then everyone should have equal profit sharing..... that would be democratic.

Plus you never account for the downside. What happens when investments or business fail? What are the terms for the business or personal loans? What is the anticipated default rate on these loans? Do you anticipate them being paid back or will the initial investment sum just evaporate in investments?

[-] 1 points by atki4564 (1259) from Lake Placid, FL 1 year ago

Under Basel, your reserves are 8%; otherwise, you can loan out 92% (or 10 times more) for multiple types of loans covered by the regulations (more for homes which less risky, less for business which are more risky, etc). You need read the regulations; I already have.

Yes, an elite is always formed because of compound interest over time, with older people, if they are bank & business investor-officers, having accumulated more time (or experience), and thus being the most significant in influence, but influence doesn't mean control because younger generations will form their own banks (50,000 people at a time per generation). Simply forming a bank, however, doesn't mean they have the experience to operate it, so they will have to pay (or cut-in as fellow owners of their younger bank) older people for knowledge, for knowledge is power.

As for the downside, banks and businesses fail all the time and the stockholders lose their money. That's $1,000 in this case as it relates to themselves as bank investor-officers.

As for the default rate, that would be very low because they not just employee-investors, but customer-investors, and thus have a circular self-interest to not just finance their businesses using their banks, but to patronize their businesses too. As the economy is circular, the default rate for the above bank would be much lower than it is for today's banks.

Now that you starting to think more clearly, I think its time for you to read the entire proposal at: https://docs.google.com/a/strategicinternationalsystems.com/document/pub?id=1mKKLMTIyvRCLK2ppPj_GDjdieCvJnATaZaCmlajubWU