Homer_Rice Posted November 10, 2012 Report Share Posted November 10, 2012 [quote name='kennethmw' timestamp='1352481145' post='1178960'] I wonder what the CEO's compensation is in these companies. [/quote] Assuming 250 work days per year, Dana CEO made approximately $12,272.64 per day in the past fiscal year. That wasn't enough, though, as when you add in the options exercised by same CEO, he only made $42,660.80 per day (approximately.) This is the same Dana that filed for Chap 11 a few years ago and in the process, shareholders lost $150 million as Dana was unable to cover the rest of their nut. Link to comment Share on other sites More sharing options...
Homer_Rice Posted November 10, 2012 Report Share Posted November 10, 2012 Before people go off the rails, do some research. Surely any wise investigation would include wondering IF perhaps the additional costs of health care were a smoke cover for a companies operational juju (or lack of it.) Looked at another way, perhaps this is push back from a set of decision-makers who have an entrenched, but now threatened, philosophical outlook on how economics operates and correspondingly how businesses might operate in a variety of climates. Or, it just may be that the additional costs to business for health care might be too much. Finally, it might be interesting to know just how it happened that businesses got in the "business" of offering health care in the first place. Some thoughts from a guy who thinks it ought to have been Medicare for All. Link to comment Share on other sites More sharing options...
Lewdog Posted November 10, 2012 Report Share Posted November 10, 2012 [quote name='Homer_Rice' timestamp='1352506778' post='1179064'] Before people go off the rails, do some research. Surely any wise investigation would include wondering IF perhaps the additional costs of health care were a smoke cover for a companies operational juju (or lack of it.) Looked at another way, perhaps this is push back from a set of decision-makers who have an entrenched, but now threatened, philosophical outlook on how economics operates and correspondingly how businesses might operate in a variety of climates. Or, it just may be that the additional costs to business for health care might be too much. Finally, it might be interesting to know just how it happened that businesses got in the "business" of offering health care in the first place. Some thoughts from a guy who thinks it ought to have been Medicare for All. [/quote] Homer, when you take into the account the impact of people losing vacation and sick days, ontop of the company no long having to help pay for health insurance, it's big. There are several other benefits in different companies that are based on full time employment, stock options etc. For a single person going from a 40 hour week to under 35 is like losing a whole days pay per week. Then take into account that same person is forced to buy their own insurance, that's another days pay or more gone. So now a guy that had insurance and was able to pay his bills, is now forced to buy his own insurance and pay the rest of his bills and feed his family on three days pay. Good luck with that. Link to comment Share on other sites More sharing options...
T-Dub Posted November 10, 2012 Report Share Posted November 10, 2012 [quote name='Homer_Rice' timestamp='1352506778' post='1179064'] Before people go off the rails, do some research. Surely any wise investigation would include wondering IF perhaps the additional costs of health care were a smoke cover for a companies operational juju (or lack of it.) [/quote] Thank you! "Mass layoffs" aren't starting because of "Obamacare", mass layoffs are starting because greedy mf'ers would rather put people out of work right before the holidays than take one less trip to Paris next year on their private goddamn jets. Link to comment Share on other sites More sharing options...
Lewdog Posted November 10, 2012 Report Share Posted November 10, 2012 [quote name='T-Dub' timestamp='1352508799' post='1179071'] Thank you! "Mass layoffs" aren't starting because of "Obamacare", mass layoffs are starting because greedy mf'ers would rather put people out of work right before the holidays than take one less trip to Paris next year on their private goddamn jets. [/quote] You know what happens to CEO's of publicly traded companies that decided to allow a cut in company profit in order to keep people employed? They get fired by the share holders that are wondering why their portfolios are tanking, and how the CEO could decide that those workers were more important than doing his job and building a profitable company. So who's fault is it? The CEO's, or just how the company is set up? Hell, part of anybody's IRA on this board might contain some of these companies. Are you willing to give away YOUR money that is towards YOUR retirement so others can keep a job? There is always more things going on under the surface of the water. You just have to decide if you are willing to get wet and find out exactly what is. Link to comment Share on other sites More sharing options...
Jamie_B Posted November 10, 2012 Report Share Posted November 10, 2012 [quote name='Homer_Rice' timestamp='1352506778' post='1179064'] Before people go off the rails, do some research. Surely any wise investigation would include wondering IF perhaps the additional costs of health care were a smoke cover for a companies operational juju (or lack of it.) Looked at another way, perhaps this is push back from a set of decision-makers who have an entrenched, but now threatened, philosophical outlook on how economics operates and correspondingly how businesses might operate in a variety of climates. Or, it just may be that the additional costs to business for health care might be too much. Finally, it might be interesting to know just how it happened that businesses got in the "business" of offering health care in the first place. Some thoughts from a [color=#ff0000]guy who thinks it ought to have been Medicare for All.[/color] [/quote] YES!!! Link to comment Share on other sites More sharing options...
Lewdog Posted November 10, 2012 Report Share Posted November 10, 2012 This isn't JUST about insurance. Obamacare only gave a reason for other things to happen. There are so many things that needs to be fixed. The whole law needs to go back to the house and get fixed. Denmark has government funded health care like Canada. Read this article about an American citizen that spends lots of his life in Denmark. [url="http://www.denverpost.com/recommended/ci_13261279"]http://www.denverpost.com/recommended/ci_13261279[/url] Link to comment Share on other sites More sharing options...
bengalrick Posted November 11, 2012 Author Report Share Posted November 11, 2012 Add Applebee's and Papa John's to the list of those being effected due to ObamaCare... http://www.examiner.com/article/applebee-s-papa-john-s-darden-restaurants-threathen-employees-over-obamacare Link to comment Share on other sites More sharing options...
|kennethmw| Posted November 11, 2012 Report Share Posted November 11, 2012 [quote name='bengalrick' timestamp='1352663532' post='1179670'] Add Applebee's and Papa John's to the list of those being effected due to ObamaCare... http://www.examiner.com/article/applebee-s-papa-john-s-darden-restaurants-threathen-employees-over-obamacare [/quote] The more it occurs, the faster to Medicare for all! Link to comment Share on other sites More sharing options...
bengalrick Posted November 11, 2012 Author Report Share Posted November 11, 2012 Yah for slow job growth and lost jobs!!! Link to comment Share on other sites More sharing options...
Jamie_B Posted November 11, 2012 Report Share Posted November 11, 2012 [quote name='bengalrick' timestamp='1352663532' post='1179670'] Add Applebee's and Papa John's to the list of those being effected due to ObamaCare... [url="http://www.examiner.com/article/applebee-s-papa-john-s-darden-restaurants-threathen-employees-over-obamacare"]http://www.examiner....-over-obamacare[/url] [/quote] [img]http://weknowmemes.com/wp-content/uploads/2012/11/scumbag-papa-johns-meme.jpg[/img] Link to comment Share on other sites More sharing options...
Jamie_B Posted November 11, 2012 Report Share Posted November 11, 2012 [img]http://sphotos-a.xx.fbcdn.net/hphotos-ash3/c0.0.403.403/p403x403/18506_557405314284984_1306855504_n.jpg[/img]This asshole just ensured I will never buy another Papa John's pizza Link to comment Share on other sites More sharing options...
bengalrick Posted November 12, 2012 Author Report Share Posted November 12, 2012 [url="http://en.wikipedia.org/wiki/John_Schnatter"]http://en.wikipedia..../John_Schnatter[/url] [i][color=#000000][font=sans-serif][size=3]In 1983, at the age of 22, Schnatter started delivering pizza out of his father's co-owned tavern in [/size][/font][/color][url="http://en.wikipedia.org/wiki/Jeffersonville,_Indiana"]Jeffersonville, Indiana[/url][color=#000000][font=sans-serif][size=3]. In the same year, he sold his 1971 Camaro Z28 to purchase the other half of the tavern in what became his family's first "pizza place." Today, the Papa John’s franchise has 4,000 restaurants in 50 states and 30 countries. In 1996, Schnatter helped fund a new 42,000-seat football stadium on the [/size][/font][/color][url="http://en.wikipedia.org/wiki/University_of_Louisville"]University of Louisville[/url][color=#000000][font=sans-serif][size=3] campus in exchange for naming rights. The structure, which opened in September 1998, is called[/size][/font][/color][url="http://en.wikipedia.org/wiki/Papa_John%E2%80%99s_Cardinal_Stadium"]Papa John’s Cardinal Stadium[/url][color=#000000][font=sans-serif][size=3].[/size][/font][/color][/i] Lets not applaud a rags to riches story... Lets point out how big of a house he has. Why are people so mad at success? Honest question... I don't understand. EVERY SINGLE INDUSTRY will be hurt in some why by ObamaCare. Start arguing why it is more important to have this bill, not attack people for having too much money. Link to comment Share on other sites More sharing options...
sois Posted November 12, 2012 Report Share Posted November 12, 2012 But he looks all weird though. Link to comment Share on other sites More sharing options...
bengalrick Posted November 12, 2012 Author Report Share Posted November 12, 2012 [quote name='sois' timestamp='1352681508' post='1180065'] But he looks all weird though. [/quote] lol, can't argue you there. Link to comment Share on other sites More sharing options...
Jamie_B Posted November 12, 2012 Report Share Posted November 12, 2012 All the more reason he should be called out for being an asshole, he should have some sort of empathy for the people that work for him, since he used to be in a similar position. But nope, no healthcare for those people, lets cut their jobs too while I live in my tower of babel and tell them to eat cake. Seriously fuck that asshole. Link to comment Share on other sites More sharing options...
Jamie_B Posted November 12, 2012 Report Share Posted November 12, 2012 and dont get me started about "being mad at success" bullshit. Im mad that you dont share your success with the people that helped make it for you again fuck that asshole Link to comment Share on other sites More sharing options...
bengalrick Posted November 12, 2012 Author Report Share Posted November 12, 2012 [color=#282828][font=helvetica, arial, sans-serif]He is making a business decision. What do you suggest he does, sell his house and get a condo? Rent out some rooms in there to make more money so he doesn't have to cut hours? How about closing some of the stores he has opened to save money.... oh wait, God forbid he does that. Now that he has opened the stores he can't cut any now. If he decides to cut branches out he is a greedy asshole who is cutting jobs. Screw the fact that he started with maybe 20 workers, sold his car to take a risk that he might fail (like most businesses do) and instead has been rewarded with success while creating 16,500 jobs in the last 20 years... He wants to cut hours?!?!??! what an asshole!!!!!1[/font][/color] [color=#282828][font=helvetica, arial, sans-serif]Again:[/font][/color] [color=#282828][font=helvetica, arial, sans-serif]Start arguing why it is more important to have this bill, not attack people for having too much money.[/font][/color] Link to comment Share on other sites More sharing options...
sois Posted November 12, 2012 Report Share Posted November 12, 2012 [quote name='bengalrick' timestamp='1352681167' post='1180062'] [url="http://en.wikipedia.org/wiki/John_Schnatter"]http://en.wikipedia..../John_Schnatter[/url] [i][color=#000000][font=sans-serif][size=3]In 1983, at the age of 22, Schnatter started delivering pizza out of his father's co-owned tavern in [/size][/font][/color][url="http://en.wikipedia.org/wiki/Jeffersonville,_Indiana"]Jeffersonville, Indiana[/url][color=#000000][font=sans-serif][size=3]. In the same year, he sold his 1971 Camaro Z28 to purchase the other half of the tavern in what became his family's first "pizza place." Today, the Papa John’s franchise has 4,000 restaurants in 50 states and 30 countries. In 1996, Schnatter helped fund a new 42,000-seat football stadium on the [/size][/font][/color][url="http://en.wikipedia.org/wiki/University_of_Louisville"]University of Louisville[/url][color=#000000][font=sans-serif][size=3] campus in exchange for naming rights. The structure, which opened in September 1998, is called[/size][/font][/color][url="http://en.wikipedia.org/wiki/Papa_John%E2%80%99s_Cardinal_Stadium"]Papa John’s Cardinal Stadium[/url][color=#000000][font=sans-serif][size=3].[/size][/font][/color][/i] Lets not applaud a rags to riches story... Lets point out how big of a house he has. Why are people so mad at success? Honest question... I don't understand. EVERY SINGLE INDUSTRY will be hurt in some why by ObamaCare. Start arguing why it is more important to have this bill, not attack people for having too much money. [/quote] I'm mainly mad at the lack of creativity. WTF, firing everyone is their first idea? Sounds like he needs to fire his shitty analysts. Wait, maybe that's what he's gonna do... Link to comment Share on other sites More sharing options...
Jamie_B Posted November 12, 2012 Report Share Posted November 12, 2012 [quote name='bengalrick' timestamp='1352682565' post='1180074'] [color=#282828][font=helvetica, arial, sans-serif]He is making a business decision. What do you suggest he does, sell his house and get a condo? Rent out some rooms in there to make more money so he doesn't have to cut hours? How about closing some of the stores he has opened to save money.... oh wait, God forbid he does that. Now that he has opened the stores he can't cut any now. If he decides to cut branches out he is a greedy asshole who is cutting jobs. Screw the fact that he started with maybe 20 workers, sold his car to take a risk that he might fail (like most businesses do) and instead has been rewarded with success while creating 16,500 jobs in the last 20 years... He wants to cut hours?!?!??! what an asshole!!!!!1[/font][/color] [color=#282828][font=helvetica, arial, sans-serif]Again:[/font][/color] [color=#282828][font=helvetica, arial, sans-serif]Start arguing why it is more important to have this bill, not attack people for having too much money.[/font][/color] [/quote] And I'm making a capitalist decision not to support his greed. Because unlike him I understand that the people that work for him are a large part of why he is successful, and as such believe they should have basic fucking healthcare. and yeah 14 more cents a pizza will really break him, having to sell his castle and move into a condo.... lol Link to comment Share on other sites More sharing options...
|RayDoggBengal| Posted November 12, 2012 Report Share Posted November 12, 2012 Don't know if what the owner is saying is true or not but if is he should fire all his advisors that sold him on cutting jobs because if .14 per pizza. Here is an idea that would have made him money. Just state that it's going to cost .14 per pizza to provide heath care to his employees and to ensure that they have it the price of pizza is going up .14 but all the employees will be able to have health care. I'll rather pay .14 more for them to have health care then pay the current price and see them fired. Link to comment Share on other sites More sharing options...
Orange 'n Black Posted November 12, 2012 Report Share Posted November 12, 2012 A new government law causes the cost of doing business to rise, and some people lose their jobs as a result. Is anyone on planet Earth surprised by this? The businesses that are affected by this the most are the small, 50-100 employee outfits that constitute a huge chunk of American jobs. If the ACA is going to stand as is, there needs to be a public option. For as much of a "socialist" policy as it is, the ACA sticks private business with the bulk of the cost. Link to comment Share on other sites More sharing options...
sois Posted November 12, 2012 Report Share Posted November 12, 2012 I don't understand public option, ELI5, someone. [quote name='RayDoggBengal' timestamp='1352684389' post='1180088'] Don't know if what the owner is saying is true or not but if is he should fire all his advisors that sold him on cutting jobs because if .14 per pizza. Here is an idea that would have made him money. Just state that it's going to cost .14 per pizza to provide heath care to his employees and to ensure that they have it the price of pizza is going up .14 but all the employees will be able to have health care. I'll rather pay .14 more for them to have health care then pay the current price and see them fired. [/quote] Yeah seriously, he needs some goddamn better advisors. If he would have been honest and explained that prices will rise slightly, nobody would have been mad. Link to comment Share on other sites More sharing options...
|Elflocko| Posted November 12, 2012 Report Share Posted November 12, 2012 [quote name='Orange 'n Black' timestamp='1352684992' post='1180089'] A new government law causes the cost of doing business to rise, and some people lose their jobs as a result. Is anyone on planet Earth surprised by this? The businesses that are affected by this the most are the small, 50-100 employee outfits that constitute a huge chunk of American jobs. If the ACA is going to stand as is, there needs to be a public option. For as much of a "socialist" policy as it is, the ACA sticks private business with the bulk of the cost. [/quote] Exactly. Starbucks raises prices all the time and have often said it is to cover the cost of providing healthcare to their employees. That said, Papa John's Pizza tastes like shit... Link to comment Share on other sites More sharing options...
|kennethmw| Posted November 12, 2012 Report Share Posted November 12, 2012 [quote name='bengalrick' timestamp='1352682565' post='1180074'] [color=#282828][font=helvetica, arial, sans-serif]He is making a business decision. What do you suggest he does, sell his house and get a condo? Rent out some rooms in there to make more money so he doesn't have to cut hours? How about closing some of the stores he has opened to save money.... oh wait, God forbid he does that. Now that he has opened the stores he can't cut any now. If he decides to cut branches out he is a greedy asshole who is cutting jobs. Screw the fact that he started with maybe 20 workers, sold his car to take a risk that he might fail (like most businesses do) and instead has been rewarded with success while creating 16,500 jobs in the last 20 years... He wants to cut hours?!?!??! what an asshole!!!!!1[/font][/color] [color=#282828][font=helvetica, arial, sans-serif]Again:[/font][/color] [color=#282828][font=helvetica, arial, sans-serif]Start arguing why it is more important to have this bill, not attack people for having too much money.[/font][/color] [/quote] Actually, what he's doing is throwing a temper tantrum because his favored candidate didn't win. He's got two years before all of this goes fully into effect, he could take the time to do an evaluation of all aspects of his business to determine whether he needs to do something, but instead, like a spoiled child, he and all the rest of these vocal republican supporters are just saying " you guys voted for the black guy, so I'm going to cut some of your jobs to get even.". Like Jamie said, he'll never see another dollar from me, not even a passive dollar, because even if someone else buys his pizza, I'll never eat another slice. Link to comment Share on other sites More sharing options...
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