[Am-info] Microsoft cuts benefits

[John J. Urbaniak]

Mark Hinds wrote:

> John J. Urbaniak wrote:
>
>> Saw a blurb go by on CNN that Microsoft is cutting employee benefits:
>> Certain healthcare benefits,
>> Stock discounts,
>> etc.
>
>
> Sounds just like where I work.
>
>
>> No doubt Microsoft's financial picture is not as rosy as they and 
>> their willing accomplices in the Press promote...
>> Meanwhile, employees can still use the Microsoft gym for free for 
>> now.  And they still get free soda.
>> And Microsoft supposedly sits on $50 billion in cold cash,
>> and Gates supposedly is worth $40 billion or so.
>> But no matter, the Microsoft employees benefits get cut first.
>
>
> While I do think MS is a particularly heinous Corp, in this regard 
> they're simply
> like all the rest - they've got to show earnings growth or the stock 
> will go down. 


Well, this cut won't keep the earnings growth from going down for very long.

So the next step will be ... layoffs.

>
>
> (snip)


>
> In case you haven't figured it out, Corps have us over a barrel. We 
> need to pay our bills.
> Unless we act in a concerted fashion we're too weak to fight back. 
> Instead of thinking about
> practical policies that will benefit them, people get all hung up on 
> moronic dogma (Evangelicals)
> and half-ass ed philosophies (Libertarians), or they simply don't care 
> because they're overwhelmed. 


Well, I guess it's tirade time...

It isn't Corporations that have us over a barrel.  If you don't like the 
Corp you work for, quit.  Go find another employer, or start your own 
company.  It *can* be done.  Lots of folks, stupid and smart have 
started their own companies.  If you're overwhelmed, change your 
lifestyle - read Thoreau.

Who has us over a barrel is Government.   You can't escape Government.  
They take taxes for Federal, State, Local, FICA and Medicare.  They take 
them out of your paycheck *before you ever see the money.*  Try not 
paying your taxes and see what your benevolent Government does to you.  
They will treat you far worse than any Corporation ever will do.

You can hate Bush all you want, but at least he's reduced people's taxes 
on the Federal level.  That policy has reversed the Clinton Recession, 
which happened when the pure-hype tech bubble economy burst in the late 
90's.  And Bush's tax cut has reversed the devastation that was done to 
our economy by the attacks of 9/11/2001.  The economy is growing nicely 
now, thanks to the American people and Corporations with a little help 
from Bush.

John




>
>
> Quoting Mr Burns of the Simpons, "Excellent"
>
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>
>
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