6 Billion in Tax Cuts - Hundreds of Red State Layoffs from Union Pacific
#1
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Where are my trickle down excuse makers at? "Solid financials". "Well positioned for growth going forward". An extra 6 billion thanks to corporate tax windfall. The reason Trump voters aren't waking up with jobs tomorrow? "The economic indicatahz wasn't indy-catin".

Hope that's gonna be good enough for them when rent comes due and the kids want that new XBox in a month.

https://gritpost.com/union-pacific-fires-workers-tax-cuts/?fbclid=IwAR3vfzJfh9B3-cODED2NOYIM26kRYInJTjwJRsf7l43PscZqdKcTsFMX-pg
When you wish upon a star you're actually a few million years late. That star is dead. Just like your dreams.
#2
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(11-29-2018, 03:26 PM)HerrinSchadenfreude Wrote:  Where are my trickle down excuse makers at? "Solid financials". "Well positioned for growth going forward". An extra 6 billion thanks to corporate tax windfall. The reason Trump voters aren't waking up with jobs tomorrow? "The economic indicatahz wasn't indy-catin".

Hope that's gonna be good enough for them when rent comes due and the kids want that new XBox in a month.

https://gritpost.com/union-pacific-fires-workers-tax-cuts/?fbclid=IwAR3vfzJfh9B3-cODED2NOYIM26kRYInJTjwJRsf7l43PscZqdKcTsFMX-pg

i don't HS - in case you have not noticed:
   - US has one of the lowest unemployment rate in history
   - By every demo - black, Hispanic, woman - record unemployment rate
   - GDP is hitting 3% annual average this year - after O couldn't do it for 8 years in a row
   - there are more job opening vs. actual job seeker

Sure here and there, there will be layoffs.  But i'm not sure which planet you're living - if you don't think US economy is doing significantly better over last 2 years, and in fact many thinks economy is red hot.
#3
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(11-29-2018, 03:26 PM)HerrinSchadenfreude Wrote:  Where are my trickle down excuse makers at? "Solid financials". "Well positioned for growth going forward". An extra 6 billion thanks to corporate tax windfall. The reason Trump voters aren't waking up with jobs tomorrow? "The economic indicatahz wasn't indy-catin".

Hope that's gonna be good enough for them when rent comes due and the kids want that new XBox in a month.

https://gritpost.com/union-pacific-fires-workers-tax-cuts/?fbclid=IwAR3vfzJfh9B3-cODED2NOYIM26kRYInJTjwJRsf7l43PscZqdKcTsFMX-pg

Large companies are constantly letting people go and also adding employees.  They have 42,000 employees and this was wrote because they laid off 40 people.  Maybe not the smoking gun you are looking for?  More like a smoking incense burning...
"Do not correct a fool, or he will hate you; correct a wise man and he will appreciate you." ~PROVERBS 9:8



#4
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(11-29-2018, 03:37 PM)Dr_Pitbull Wrote:  
(11-29-2018, 03:26 PM)HerrinSchadenfreude Wrote:  Where are my trickle down excuse makers at? "Solid financials". "Well positioned for growth going forward". An extra 6 billion thanks to corporate tax windfall. The reason Trump voters aren't waking up with jobs tomorrow? "The economic indicatahz wasn't indy-catin".

Hope that's gonna be good enough for them when rent comes due and the kids want that new XBox in a month.

https://gritpost.com/union-pacific-fires-workers-tax-cuts/?fbclid=IwAR3vfzJfh9B3-cODED2NOYIM26kRYInJTjwJRsf7l43PscZqdKcTsFMX-pg

Large companies are constantly letting people go and also adding employees.  They have 42,000 employees and this was wrote because they laid off 40 people.  Maybe not the smoking gun you are looking for?  More like a smoking incense burning...

Yes i don't get that ... you get some level of layoff all the time - but to cherry pick one, and say - well it is not working is - is not looking at it objectively.
#5
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(11-29-2018, 03:37 PM)Dr_Pitbull Wrote:  
(11-29-2018, 03:26 PM)HerrinSchadenfreude Wrote:  Where are my trickle down excuse makers at? "Solid financials". "Well positioned for growth going forward". An extra 6 billion thanks to corporate tax windfall. The reason Trump voters aren't waking up with jobs tomorrow? "The economic indicatahz wasn't indy-catin".

Hope that's gonna be good enough for them when rent comes due and the kids want that new XBox in a month.

https://gritpost.com/union-pacific-fires-workers-tax-cuts/?fbclid=IwAR3vfzJfh9B3-cODED2NOYIM26kRYInJTjwJRsf7l43PscZqdKcTsFMX-pg

Large companies are constantly letting people go and also adding employees.  They have 42,000 employees and this was wrote because they laid off 40 people.  Maybe not the smoking gun you are looking for?  More like a smoking incense burning...

Congrats on missing the entire point, mistaking "hundreds" for "40 people", so forth and so on.

Well I did say "where are my trickle down excuse makers at" so I shouldn't be this surprised they'd show up with excuses should I? Go tell them to your newly unemployed red state cohorts. You might have to speak up since you'll need to get over their raging questions about why they got fired when the company profits were skyrocketing and bolstered by another 6 billion dollars. See because that's the sort of thing you all swore companies weren't gonna do with such tax windfalls - presumably because they "care so much". LOL
When you wish upon a star you're actually a few million years late. That star is dead. Just like your dreams.
#6
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(11-29-2018, 03:34 PM)apollo04 Wrote:  
(11-29-2018, 03:26 PM)HerrinSchadenfreude Wrote:  Where are my trickle down excuse makers at? "Solid financials". "Well positioned for growth going forward". An extra 6 billion thanks to corporate tax windfall. The reason Trump voters aren't waking up with jobs tomorrow? "The economic indicatahz wasn't indy-catin".

Hope that's gonna be good enough for them when rent comes due and the kids want that new XBox in a month.

https://gritpost.com/union-pacific-fires-workers-tax-cuts/?fbclid=IwAR3vfzJfh9B3-cODED2NOYIM26kRYInJTjwJRsf7l43PscZqdKcTsFMX-pg

i don't HS - in case you have not noticed:
   - US has one of the lowest unemployment rate in history
   - By every demo - black, Hispanic, woman - record unemployment rate
   - GDP is hitting 3% annual average this year - after O couldn't do it for 8 years in a row
   - there are more job opening vs. actual job seeker

Sure here and there, there will be layoffs.  But i'm not sure which planet you're living - if you don't think US economy is doing significantly better over last 2 years, and in fact many thinks economy is red hot.

Like I said to Pit. The GM, Harley Davidson, and now Union Pacific workers in red states already read all about the hot economy. That why they want to know how they're no longer a part of it - especially the UP workers since they got fired while their company was walking 6 billion dollars down to the bank and they were already financially rock solid.

I was told companies don't do that. Numerous times in fact, when I stated again and again that US companies had parked 11 trillion dollars offshore that was not being taxed, not being put back into the company and was sitting there while said companies were firing, laying off, and freezing salaries supposedly because they needed to "cut costs". I don't want a large popcorn and a bunch of trailers about the economy that make the movies look like epics again. I want to know why the only good parts of the movie for US workers on the ground appears to be what was in the trailer. Because that's what these workers are asking right now.
When you wish upon a star you're actually a few million years late. That star is dead. Just like your dreams.
#7
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(11-29-2018, 03:44 PM)HerrinSchadenfreude Wrote:  
(11-29-2018, 03:37 PM)Dr_Pitbull Wrote:  Large companies are constantly letting people go and also adding employees.  They have 42,000 employees and this was wrote because they laid off 40 people.  Maybe not the smoking gun you are looking for?  More like a smoking incense burning...

Congrats on missing the entire point, mistaking "hundreds" for "40 people", so forth and so on.

Well I did say "where are my trickle down excuse makers at" so I shouldn't be this surprised they'd show up with excuses should I? Go tell them to your newly unemployed red state cohorts. You might have to speak up since you'll need to get over their raging questions about why they got fired when the company profits were skyrocketing and bolstered by another 6 billion dollars. See because that's the sort of thing you all swore companies weren't gonna do with such tax windfalls - presumably because they "care so much". LOL

it is hard to fire bad employees nowadays, so situations like this occur.  In Q1 when they hire 1,000 people, that info will not be published.  To me, and maybe I am wrong, it's the Left attacking a very good economy with a weak article.
"Do not correct a fool, or he will hate you; correct a wise man and he will appreciate you." ~PROVERBS 9:8



#8
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(11-29-2018, 03:52 PM)Dr_Pitbull Wrote:  
(11-29-2018, 03:44 PM)HerrinSchadenfreude Wrote:  Congrats on missing the entire point, mistaking "hundreds" for "40 people", so forth and so on.

Well I did say "where are my trickle down excuse makers at" so I shouldn't be this surprised they'd show up with excuses should I? Go tell them to your newly unemployed red state cohorts. You might have to speak up since you'll need to get over their raging questions about why they got fired when the company profits were skyrocketing and bolstered by another 6 billion dollars. See because that's the sort of thing you all swore companies weren't gonna do with such tax windfalls - presumably because they "care so much". LOL

it is hard to fire bad employees nowadays, so situations like this occur.  In Q1 when they hire 1,000 people, that info will not be published.  To me, and maybe I am wrong, it's the Left attacking a very good economy with a weak article.

I would have the same opinion on this regardless of which side of the Candyland majik partisan aisle it came from. It is not an indictment on Trump to me. It's an indictment on the fact that Corporate America still doesn't give a shit, still runs the government, US workers are still paying for it, and politician support for it is bipartisan. I would say it's easier to fire bad employees now than it's ever been because the trend sweeping America is employee at will, which completely eliminates the need to fire for cause. Regardless, canning hundreds of people a month before Christmas and three days before rent comes due when your company was already in the black before it passed go and collected 6 billion is just janky. Shady as shit. I'm disgusted that this keeps happening to Americans and yet the system allowing this is still praised as "the best" when its oversight is failing as miserably as any other system's bad example.
When you wish upon a star you're actually a few million years late. That star is dead. Just like your dreams.
#9
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First: no single individual has ever said that layoffs in companies would never happen due to tax breaks.

Second: we should not be paying federal taxes. So, your whole argument is flawed because you are illogical.

Third: your illogical rants prove wilder when you claim to hate the government siting their ineptitude yet continually want to grow the same government and tax everyone to death for it.

Fourth: how many persons do you employ?

Fifth: Taxes aren’t revenue. When you understand that it will also help you grasp how business works. https://www.wsj.com/articles/union-pacific-to-lay-off-nearly-500-workers-1540319983

Sixth: Harley had already setup the shut down of the plant prior to Trump taking office and the tax breaks. Once again, taxes aren’t revenue.

Seventh: automobile industry has peaked. They can’t move new cars and used cars aren’t selling either. The market is flooded.
Belief is NOT a Substitute for Knowledge.
#10
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(11-29-2018, 03:59 PM)HerrinSchadenfreude Wrote:  
(11-29-2018, 03:52 PM)Dr_Pitbull Wrote:  it is hard to fire bad employees nowadays, so situations like this occur.  In Q1 when they hire 1,000 people, that info will not be published.  To me, and maybe I am wrong, it's the Left attacking a very good economy with a weak article.

I would have the same opinion on this regardless of which side of the Candyland majik partisan aisle it came from. It is not an indictment on Trump to me. It's an indictment on the fact that Corporate America still doesn't give a shit, still runs the government, US workers are still paying for it, and politician support for it is bipartisan. I would say it's easier to fire bad employees now than it's ever been because the trend sweeping America is employee at will, which completely eliminates the need to fire for cause. Regardless, canning hundreds of people a month before Christmas and three days before rent comes due when your company was already in the black before it passed go and collected 6 billion is just janky. Shady as shit. I'm disgusted that this keeps happening to Americans and yet the system allowing this is still praised as "the best" when its oversight is failing as miserably as any other system's bad example.

Court system scares the hell out of most Americans.  Many cases where people were fired for just cause only to later sue and win.  
"Do not correct a fool, or he will hate you; correct a wise man and he will appreciate you." ~PROVERBS 9:8



#11
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(11-29-2018, 04:22 PM)Dr_Pitbull Wrote:  
(11-29-2018, 03:59 PM)HerrinSchadenfreude Wrote:  I would have the same opinion on this regardless of which side of the Candyland majik partisan aisle it came from. It is not an indictment on Trump to me. It's an indictment on the fact that Corporate America still doesn't give a shit, still runs the government, US workers are still paying for it, and politician support for it is bipartisan. I would say it's easier to fire bad employees now than it's ever been because the trend sweeping America is employee at will, which completely eliminates the need to fire for cause. Regardless, canning hundreds of people a month before Christmas and three days before rent comes due when your company was already in the black before it passed go and collected 6 billion is just janky. Shady as shit. I'm disgusted that this keeps happening to Americans and yet the system allowing this is still praised as "the best" when its oversight is failing as miserably as any other system's bad example.

Court system scares the hell out of most Americans.  Many cases where people were fired for just cause only to later sue and win.  

It does scare most Americans - and for good reason. Employment law is complex, rife with weasel clauses for employers and beset with nearly impossible to achieve burdens of proof for discrimination verdicts that neatly demand arguments that prove negatives. Not only that, American workers must pit themselves financially against conglomerates - literally David vs. Goliath, and their only way of leveling the field is through publicity - which is why stories like this appear in social media and the press a lot more often. This is the common worker's only way to fight back, because at the point of time they would be in court they are trying to stay off the streets with no jobs, and the unions that used to protect them have been broken with full (and completely confusing) support from the American taxpayer.

This is the part of the article that angers me most and should make it clear what the problem is :

Quote:"While we reported solid financial results, we did not make the service and productivity gains that we expected during the quarter. However, we are making progress implementing our new Unified Plan 2020 and we are well positioned to drive improvement going forward,” said Lance Fritz, Union Pacific Chairman, President and CEO.

In 2017, Fritz’s total compensation amounted to more than $11.3 million. Approximately $3 million of that was in gross salary and bonuses, with the remaining $8 million coming from stock. Earlier this year, Union Pacific announced it would be buying back $20 billion in shares of its own stock between 2018 and 2020 — which drives up the value of the stock owned by executives like Fritz.

In plain English, the workers aren't working "hard enough" supposedly. So they fired them. Yet the company is coming off a record third quarter and still has the profit to buy back 20 billion worth of stock, thanks no doubt to the 6 billion dollar windfall they just got from the IRS. As it says at the bottom, that buyback goes right into the pockets of the CEO and his executives, less to the shareholders, while being taken directly out of the pockets of the people who made them the profit because even if those employees did have stock? They'll be cashing out fast just to keep roofs over their heads. And that's if they're even vested.

There's no excusing this or passing it off as "routine", nor is any January hiring boom at the company sufficient because I guarantee you anyone replacing these workers in January will be doing so at a lower salary, putting more money into the pockets of these execs.
When you wish upon a star you're actually a few million years late. That star is dead. Just like your dreams.
#12
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There's a lot of hate for those that make a lot of money.  To me, at least he earned it.  Much better than politicians that have equal or greater wealth, but have spent their lives as supposed public servants?

In capitalism, individuals have that opportunity.  
"Do not correct a fool, or he will hate you; correct a wise man and he will appreciate you." ~PROVERBS 9:8



#13
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(11-29-2018, 04:43 PM)Dr_Pitbull Wrote:  There's a lot of hate for those that make a lot of money.  To me, at least he earned it.  Much better than politicians that have equal or greater wealth, but have spent their lives as supposed public servants?

In capitalism, individuals have that opportunity.  

In theory yes. But then they have that same theoretical opportunity under Democratic Socialism too. Only thing is, it's a bit harder to fuck your coworkers when they actually get just as weighty a vote for shit as you do because they own as well. In fact, I'd say that lends itself better to free market type cull the weak out of the herd practice than Capitalism's tendency to insulate slackers and nepotism benefactors from the workforce such that nobody not on a board of directors can say a thing about the abuses of management.

Here's the best truthful information I can provide you on this. Stop listening to people who've been watching Apocalypse Now on loop since Fall of 1980. They don't know what the fuck they're talking about. I've lived under Democratic Socialism and worked self employed under it. They'll never get anywhere telling me you can't do what I was absolutely doing.

https://www.quora.com/Under-Democratic-Socialism-could-I-start-my-own-business

And the main point remains true. NO system can survive poor implementation and lack of oversight, or checks and balances. Not Democratic Socialism, not Communism, and not Capitalism, which is why anyone using the phrase free market to defend America is full of it. The free market self corrects by way of supply and demand as well as true market conditions. When oligarchs can stifle competition and lobby themselves out of oversight there's nothing free or self correcting about the system. Period.
When you wish upon a star you're actually a few million years late. That star is dead. Just like your dreams.
#14
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LK, your link provides zero examples of how the idea works. Especially in a greater sized society.

Here , hopefully some facts about your ideas, including examples, will help.

http://oshosearch.net/Convert/Articles_Osho/Beware_of_Socialism/Osho-Beware-of-Socialism-00000004.html


https://www.nationalreview.com/2016/07/nordic-democratic-socialist-model-exposing-lefts-myth/

https://fee.org/articles/the-myth-of-scandinavian-socialism/
Belief is NOT a Substitute for Knowledge.
#15
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(11-29-2018, 09:30 PM)Jezter13 Wrote:  LK, your link provides zero examples of how the idea works.  Especially in a greater sized society.

Here , hopefully some facts about your ideas, including examples, will help.  

http://oshosearch.net/Convert/Articles_Osho/Beware_of_Socialism/Osho-Beware-of-Socialism-00000004.html


https://www.nationalreview.com/2016/07/nordic-democratic-socialist-model-exposing-lefts-myth/

https://fee.org/articles/the-myth-of-scandinavian-socialism/

I didn't post it to show examples. I know how in the fuck it works because I lived under it, which I made very clear.

So you should know what to do with your "helpful links" which purport to tell me how to understand myself.
When you wish upon a star you're actually a few million years late. That star is dead. Just like your dreams.
#16
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Belief is NOT a Substitute for Knowledge.
#17
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In a free market society the people decide how the market shapes itself. If the people decide that a business has good products or services they will spend their money with that business. They will also set the standard for business practices everywhere. If an employer does things to piss off the public or is fraudulent than he risks losing his livelihood. Sure, profits won't be as high for all involved but there will be profit.

Notice how the example I just gave there is no government regulations, policies, protecting of businesses and banks, etc. The government has no involvement, except to make sure businesses and banks honor their contracts. That's it!

Does the example I gave above sound more like Capitalism or Socialism?

I wish there existed such a place, as the example I gave. Unfortunately government always steps in the way of a free society.
What do we care more about, children or money? How come we have armed guards in banks protecting the money and there's no one in schools protecting the kids.

I survived Fieldchatter Y2K! January 11th, 2019
#18
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LK

It is like I said

The basic definition of Capitalism is only that the people do not own everything... and the individual is allowed to own property and to have personal wealth...

Socialism and Capitalism can co-exist... We both know this because we have seen it and we have lived it.


Isn't it funny when I say this Joker says to get the fuck out and leave... But he is silent to you.
I might not change the world, but I sure won't ever let it change me. P.S.
#19
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And I love how the response by Tyler Durden is that anyone that likes any part of socialism needs to give up all of their possesions because the premise is that communism is the exact same thing as communism.
I might not change the world, but I sure won't ever let it change me. P.S.
#20
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Socialism is the exact same thing as communism... Under a totilitarian dictatorship
I might not change the world, but I sure won't ever let it change me. P.S.


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