A $210 Million Tip? Nice Work If You Can Get It »
Posted by: _kam0_ 1 year, 5 months agoHome Depot salesclerks get about $8-$10 an hour for lifting heavy objects and running around the floor all day with no tips while its departed CEO got $210 million bonus for sinking the value of the company's stock.
Read Full Story at alternet.org
Join the Discussion 
+ Add Comment
Comments So Far: 19
-
-
0%
DanmLiberals1 year, 5 months ago
I have to say that I really don't feel sorry for the people at Home Depot. I shop at about three or four of them within the general locations of the jobs I have and I never seen worse customer service. Maybe the store is too big or something but there is no one to help me when I need it. Most of the employees seem like you are burdening them if you ask for something.
The fact that Home Depot started off as a mom and pop operation and is now a huge corp. is something I admire. I am now an entrepreneur and it's the people that started Home Depot that I look up to. The CEO's are very smart but overpaid people and I figure that people who rely on money to make them happy live ******ty lives. So for what it's worth, even though I dont have millions of dollars, I guarantee Im happier or just as happy as those bastards.
Reply
-
-
-
-
-
100%
NelsonR1 year, 5 months ago
Thats OK, I no longer shop at Home Depot. They deserve the ire of America. Destroy Home Depot and just maybe other corporte greedy will get the message. I really don't know why I have this attitude though, I do not own, not that stupid, any home depot stock. I think my opinion has more to do with ethics and the corporate greed that is now prevelent within America.
Reply-
100%
GoldStandard1 year, 5 months ago
Again with the blanket statements and the "guilty until proven innocent" mentality towards businessmen.
Reply
-
-
-
67%
BronxBomber1 year, 5 months ago
It doesn't seem right or fair I'm glad I NEVER shopped at Home Depot. Nardelli, and others likewise, can choke on they're $$$ The bastards!
Reply -
0%
crespi1 year, 5 months ago
Now, now. The upkeep of private jets and mansions takes money.
Also covering shady investments, hiring lawyers, and most importantly, maintaining one's appearance and status in the powerful/wealthy elite, since it apparently never has anything to do with performance. It takes X amount of dollars to maintain "membership" in the "club", I guess.
I really don't care if people are ultra-wealthy. But do they always have to then want to take even more, ripping it out of the hands of people who barely have enough?
If they would just not become such #@!*s about it, maybe we would be proud of our financial leaders, instead of always having to subpoena them.
Reply-
100%
GoldStandard1 year, 5 months ago
"But do they always have to then want to take even more, ripping it out of the hands of people who barely have enough?"
Huh? The money that the CEO recieved was freely and consensually presented to him, so how could it have been "ripped out" of someone else's hands?
Reply -
100%
GoldStandard1 year, 5 months ago
"If they would just not become such #@!*s about it, maybe we would be proud of our financial leaders, instead of always having to subpoena them."
So the rich have to be ashamed of their wealth in order to stop you from persecuting them?
Reply
-
-
50%
evelyna1 year, 5 months ago
My nephew works at homecheapo. He claims to make about $50,000 a year and never has a dime in his pocket. He can hardly afford the case of beer and vodka he drinks everynight.
They cannot keep help because they want flexibility and part-time. They pay good benefits though.
I think they sell cheap low grade materials. The sinks stain in about a month and things break,. The dishwasher quits working after a year.
I think people are better off to spend a little more for higher grade.
Reply -
-
0%
crespi1 year, 5 months ago
Exactly what part of Kenneth Lay's behavior do you find so admirable, GoldStandard? Stealing the retirement funds, lying about it, or trying to get away with it by shifting his ill-gotten gains into variable annuities?
And you're right. in this case, the Home Depot CEO ripped the money out of the hands of the SHAREHOLDERS!
You got me all wrong, Sir. I believe someone like Warren Buffet deserves every penny- becaused he earned it by being smart AND ethical.
Plus, he has always looked out for the interest of his share holders.
When a major industrialist/investor closes down a fully functioning plant and lays off 4,000 workers, in order to shift the jobs over to slave labor in Malaysia, and then gloatingly pockets a cool ten million, you really can't expect those American employees and their families who now have no source of income and have to scramble for their lives to be happy for that particular billionaire's personal profits.
Would you like to hear Part II?
Reply-
100%
Beau78901 year, 5 months ago
I'd like to hear Part II, and III and IV if you've got them.
And I'm waiting for invest07 to get here to tell us (as he did on another thread) that the Home Depot situation is proof that the free-market system, without regulation (other than by the board of directors, members of the same club as CEOs) of executive compensation works, because he was fired and everyone learned an important lesson. That argument kind of reminds me of the people who say that after 15 years of appeals proves the innocence of someone on death row, that proves that the appeals process works and there's no problem with capital punishment.
Reply
-
-
0%
crespi1 year, 5 months ago
Uh oh. Encouragement.
Only ONE in SIX American families have stock holdings. Having ultra-wealthy investors telling us on FoxNews that, because they are making millions selling and decimating healthy companies between themselves, the "economy is doing great," are seriously dumping on the rest of us that are experiencing record numbers of bankruptcies and feeling we will be financially unable to send our kids to college. Showing us Nasdaq increases that most Americans will be cut out from is only a further insult. This disconnect or intentional ruse makes not just a few Americans resentful.
Speaking of FoxNews, one can really see the true vile nature of the "investment banking rules all" philosophy on their Saturday morning segments Bulls and Bears, and The High Cost of Freedom.
More after brunch.
Reply -
100%
crespi1 year, 5 months ago
-sorry that last one was weak. Low blood sugar...
ZERO MINIMUM WAGE -
The powerful (and very rich) corporate investor/owners on FoxNews' Saturday morning "stock tip" shows called vigorously for "zero minimum wage."
They trot out the cliche of the mom and pop store that has to lay off Aunt Clara because they can't afford to pay her a real wage. And those occasional instances are unfortunate, but are not the real problem.
The real problem is the Wal-Marts of the world that have to be forced to (because they proved they won't voluntarily)
part with a tiny percent of their huge profits to pay their workers a living wage.
Reply -
0%
crespi1 year, 5 months ago
Nobody wants to "persecute" anybody here.
But destruction of worker loyalty (firing right before pension eligibility), outsourcing, child labor, driving humvees with trophy wives that look like their daughter from the previous marriage...that stuff looks real bad to the average American.
And trying to eliminate the average American by crushing the middle class, which is the traditional way to go from lower to upper class, yeah, the active, vehement, selfish blocking of anybody else trying to make it, well that needs to stop, if we want to keep our Democracy healthy.
And you rich guys are the only ones who can stop it.
Reply
Submitted By:
_kam0_
Also submitted:
- 1.0 - Bank of China flees Fannie Mae and Freddie Mac
- 1.0 - UK Chancellor says economy is at a 60-year low and will get worse
- 1.0 - Will India Be Tortoise to China's Hare?
- 1.0 - Eyes Off the Price
Related Articles:
Why not submit a story?
Also Propping This Article
Groups Watching This
No groups are watching this story. Why not share it with your group?
