No shame

[Rebkeh]

What is wrong with these people? Does empathy leak faster and faster the more wealthy you get?


https://theintercept.com/2016/04/08/ges-jeffrey-immelt-now-slamming-sanders-once-said-it-was-his-task-to-outsource/

[Half-Century Man]

1. They're junkies.

Plain and simple.
An addiction to money is as powerful as an addiction to heroin, if not more so.
Junkies will lie, steal, assault, and manipulate perceptions to supply themselves with their drug of choice.

But, in all fairness, heroin junkies tend to not be as great a burden on society as those with a money monkey riding on their backs.

[bjo59]

2. Nice point.

[davidpdx]

3. Fat asshole

He'd lay off thousands just to make sure he gets his million dollar bonuses. I have to wonder if he was kicked in the head at some point in his life.

[djean111]

4. So, I wonder if Hillary will tell truly how she feels about this:

In other words, there’s no actual argument between Sanders and Immelt about the reality of GE’s outsourcing. It’s simply that Immelt believes that a U.S.-based multinational corporation should do everything possible to maximize its profits, even at the cost of its American workers’ jobs, while Sanders does not.

Jack Welch initiated the ruthless cutting up of GE and American jobs.

http://www.businessweek.com/2000/00_50/b3711013.htm

Welch was a sharp contrast to his predecessor, the statesman-CEO Reginald H. Jones, who was almost as admired in his day as Welch is now. Jones risked his reputation by pushing Welch over several other candidates. Indeed, some GE board members considered Welch too impetuous to take the helm. Welch started his reign with a bang, dismantling GE through a series of dramatic restructurings and layoffs. From 1981 to 1985, he cut 100,000 jobs, an act so painful to employees that they began referring to him as ''Neutron Jack,'' after the nuclear bomb that vaporizes people but leaves buildings standing.

When I was working for GTE Data Services, I do think Welch was poised to take over GTE and dismantle it, but lost the board vote for CEO by one vote. Something like that. The cold breath of massive layoffs by-passed us. For a while.