Thread: Vultures
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Old 08-22-2003, 04:49 PM   #15
tw
Read? I only know how to write.
 
Join Date: Jan 2001
Posts: 11,933
Quote:
Originally posted by xoxoxoBruce
TW, I think you're missing my point. These MBA's fuck up and what's the worst that happens? They get embarrassed in the paper? They get canned WITH enough severence pay to support the average family for 40 years. ... Who pays the price? WE DO! That is not funny.
Your point is not lost. How many executives are going to jail? None from Enron. None from Global Crossing. None from Waste Management. None from Tyco. None from MCI Worldcom. None from Qwest. None from Arthur Andersen who conspired to help all these crimes be committed. None from the other energy tradiing companies that conspired to steal $billions from CA - the reason for CA's current recall. And show me the outrage in The Cellar. What a bunch of either whips or just what happens when their news comes from a local Ch 6 gossip or Daily News.

Where was FirstEnergy spending vast sums of money. On fixing serious safety problems in Davis-Besse? No. They were joining the long list of George Jr contributors. Read that todays NY Times article. It is chock full of legalized political bribes. Based upon those contributions, FirstEnergy installed no required pollution removal equpment in, for example, the Sammis power plant that is now so much part of the blackout investigation. They did not just forget. They intentionally did not install or completely bypassed all such equipment after getting indirect approval from a corrupt, mental midget administration - right after making another legalized bribe. They did as is taught in business school.

But back to those MBAs. There is one trivial group of insider manipulators that did not contribute to the Repulbican Fatherland Party. Sam Walsau of Inclone did not. Therefore he was quickly prosecuted and now in a federal jail in PA. Martha Stewart also did not bribe the correct political party. She too will probably see jail time for selling stock at a trivial $50K profit. In the meantime, why do all those real criminals, having stolen $1,000,000K plus dollars, not go to jail? See the many previous posts about George Jr's Harvey Pitts, and how Congressional Republicans such as Tauzan of LA have protected those big buck bribers. Legalized crime pays well if you are a right wing extremist in the Replublcian Fatherland Party.

With an adminstration that hypes a tax cut, then forgets to note who gets all the tax cuts ( the super rich). And with a public - even here on the Cellar - that has outrightly approved of such silly "enrich only the richest" gimicks such as a dividend tax cut and the rebate checks only to those who make over $26K. My god. We have the government we deserve. How many more disasters such as the invason of Iraq will it take for us to see lying evil - that we elected?

Because the devil is in the White House, those top executives will leave a corporate disaster using their golden parachutes - having stolen the entire surplus of CA. My gosh. They could have even killed Jon Bennet and no one would even consider them as criminals - because they know how to use our money to bribe the right politicians.

Corruption as taught in business school. How many here have been taught corruption. What is the purpose of a business? To make a profit? Then you are corrupt. Then you have been taught the purpose of the mafia. You would be part of the problem; thinking as an MBA.

The purpose of a business is to provde society with a product. If that business does not earn a profit, then it is not contributing to society. But the profit is not the purpose. Profit is simply the reward. Corrupt MBAs (such as in FirstEnergy) need not know anything about the product. They beleive only a profit is important (even if taken illegally) because, for example, almost no one in The Cellar even criticizes them. Therefore what spammers do must be good. What Enron did is good. MCI Worldcom and FirstEnergy are good? They were doing exactly what both business schools and the mafia teach. Society be damned.

xoxoxoBruce's point is not lost on me. It is probably lost on the majority of readers here who foolishly still believe the purpose of a company is to make a profit - also called corruption, legalized bribery, and the fundamental reason for an east coast blackout.

Billy. I hope you are reading this. Too often those outside America are told about what should really be described as corruption - and not the purpose of a business. America does have a serious business problem because of MBAs and lawyers. Dergulation (a good thing) has made it easier for them to steal from the nation (a bad thing). Too many executives (and MBA graduates) think they are gods - not servants of their employees and customers. And we even elected an MBA as president who could not run a successful business but got rich anyway. Is that also not corruption? Go figure. Are we that dumb or just that complacent? Notice the total silence on FirstEnergy that would even shock people in their backyard pools and not fix the problem - because solutions cost money.

Lice may not be a good thing. But if those lice are killing the rats, then are lice all that bad? May the vultures be permitted to sue all those corrupt MBA rats such as Alexander and Burg of FirstEnergy - and the many rich Directors who permit this corruption.

Last edited by tw; 08-22-2003 at 05:10 PM.
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