QUOTE OF THE DAY

"We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution."
Abraham Lincoln

WARNING! COMMON SENSE REQUIRED TO UNDERSTAND CONTENT

WARNING! Read at your own risk. This blog has not been approved by the Politically Correct Thought Police.


HOWDY FOLKS! (ya like that down home hello do ya?)

Welcome to the home of the
"NEW AMERICAN COMMON SENSE PARTY".
(hereinafter referred to as NACSP)

Yep, that's right people, it's time to take America back. Enough is enough. It's time we quit electing the same crooks and scumballs over and over again. Quit pulling the all Democrat or all Republican lever because your daddy was a Rep. or a Dem. God gave you a brain, (oh my goodness, your blogger believes in the Creator, he must be an idiot) use it to study the issues and the candidates before you go to the polls. Before you vote for an incumbent, look at his voting record and see how much of YOUR, YOUR KIDS,
GRANDKIDS and GREATGRANDKIDS hard earned tax $ he voted to waste on porkbarrel projects. With the deficit running in the trillions, congress still doesn't seem to get the message. Of course not, they don't care about America, they only care about getting reelected. We have built a house of cards based on greed, and it's going to come tumbling down if we don't fix it SOON.


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Wednesday, August 13, 2014

MARKET BASKET : CORPORATE GREED AT IT'S FINEST

There is a very unusual and ongoing situation in New England that highlights corporate greed in America today. Market Basket, a $4 billion Massachusetts based regional grocery chain, has an employee revolt going on. Unusual, you ask? Seems they love their CEO. Former CEO, that is. Seems the board of directors weren't happy with the amount of profit the company was making. So they canned the longtime CEO and brought on board 2 corporate hatchet men (well, 1 man and 1 woman) to cut costs.

Since Market Basket is a privately owned company, I was unable to find the kinds of financial information that is available by law on publicly listed corporations. But the following was related to me by a friend who lives in the area. According to him, Market Basket has always been successful, profitable, and a pleasant place to shop. You see, they had happy employees. They had decent wages and benefits. They were treated in such a way as to create good morale. A lesson that 99% of companies in America today need to relearn : a happy workforce results in employees invested in doing a good job. Therefore resulting in reduced costs, INCREASED PROFITS, and LONG TERM success.

The problem is, the big investors and the Boards of Trustees don't give a shit about the long term. It's all about me, me, me right now. How much can we make right now? Over and over again we've seen it. Screw the employees to pad their Swiss and Cayman Island bank accounts. Put 20k people out of work? So what, I'm enjoying my new 120 ft. yacht that burns $7k worth of fuel an hour. And paying a crew of 4 to sail it.

I saw it firsthand at the company I retired from. Watched it go from the best company in the country to work for (and one of the most successful) to just another typical "cut this, cut that, if you don't like it there's a thousand people who'd like to have your job" outfit after the long term CEO retired and the Board chose a former economics professor as his replacement. Understand, the average manufacturing company returns a 4 to 6% profit. We were making 12%, but suddenly that wasn't enough for the greedy bastards. So the next guy threatens to close plants, lays off several thousand workers then brings them back as part time with a huge pay cut and no benefits. Said CEO gets an extra couple million on his bonus. So now they've got a pissed off workforce that doesn't give one shit about doing a good job or if the company makes money or not. I'm hearing stories that product quality is suffering. Surprise huh?

I digress, back to Market Basket. The employees, including managers, have basically shut the chain down, demanding the return of the former CEO. And the customers are supporting the employees, refusing to shop there until this is resolved. I truly wish them the best of luck. Check out Save Market Basket on Facebook. Donate to their support fund if you can.

Dumb Farmer



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