I never had a problem with corporations, I have a problem with the leaders in corporations. They are the ones who support amnesty for illegal immigrants, they are the first ones to enforce diversity, they are actually the first ones to introduce bi-lingualism into US, they are the ones who outsource jobs even when the corporation is making record profits, they are the first ones to eliminate the pledge of allegiance in board meetings, they get bonuses after they screw up a company and retire (imagine a plumber come to fix a leak in your house, and ends up creating five new ones, presents the bill with a smile and demands a bonus on top of that). Enron, Worldcom, S&L crisis, Wall Street derivative scheme, dot.com bubble, real estate bubble, subprime crisis, were not perpetrated by high school grads, but by white collar college grads (many come from top tier business schools). Until moral leadership and leadership by example is re established at the corporate level, Americans will never trust corporations no matter how good the times are. That will be hard to do when colleges provide education (how to make money) with little or no moral education (separation of religion), thus today our best business schools provide education and no moral education and end up graduating educated menaces who eventually will become CEO’s. Big government and regs will not provide a solution because we cannot write laws that can cover every loop hole and scheme devised. Only a man with knowledge on the ins and outs of a system tempered by morality can exercise his power with responsiblity and civic mindness.
I agree. But I go back to the idea that corporate leaders come from the young.....eventually. People need to realize that they can leave a company any time they feel that the moral values of that company do not meet theirs. Staying with a company like that is foolish. Without good employees, the company could not exist and these good people can help the competition.
Used to. The MBA is useless now. The CEOs are paid $200 million a year for something other than bookkeeping.
This is a fair observation.
I think corporations today have become a problem....they have pushed many liberal ideas that were unfathomable a few yrs ago.
Pandering to liberal globalist free trade, and, replacing Americans with illegals have become a huge problem. I remember when business invested in local communities and their staff. Now, they do not hesitate to dump America for Communist China
Also, it is absurd for a CEO to get a bonus when the company loses money. You should see all the Business-Socialists come out of the woodwork to defend these bogus bonuses. I remember a time when failure was never rewarded
And, most of the jobs created in America today are by small business....not large corporations. Seems also most of our government these days is to keep these failing corporations afloat....not letting them die and newer better ones taking over
Todays big corporations could not survive in a true free market
You need to read up a bit more on economics. Perhaps a little Walter Williams when he's not subbing for Rush. Outsourcing helps third world countries grow into places that can afford to buy our stuff. And at the same time makes stuff we buy cheaper.
Our current unemployment rate is at a record low. What's your complaint?
The argument against "outsourcing" is an emotional ploy used by politicians and unions in order to pursuade the rest of us to give them more power over the corporations Medved is talking about. I'm not buying it.