Comments on: This makes no sense

By: Elizabeth

Elizabeth — Wed, 25 Feb 2009 13:31:55 +0000

Eyeshade: Jindal is the Republican's version of Obama.

By: Elizabeth

Elizabeth — Wed, 25 Feb 2009 13:30:37 +0000

You're not wrong. In fact, I think the next step is to completely eliminate bonuses all around, at all levels, for a time. I would love to see an addition to the cabinet or the SEC: Business Ethics Secretary.

Terje's initial comment was right on the money.

Frankly, those papers underachieve in our area. I live in Avon Lake, so the Morning Journal is one of my options. It's been a half-baked product for a while, in as far as the quality, etc. But some of their strongest areas have been the sports sections: good, solid coverage of not only the pro teams, but OSU and especially the high schools.

I guess those bonuses are to cover the emotional damage from the guilt to cutting those jobs, huh?

By: Eyeshade

Eyeshade — Wed, 25 Feb 2009 13:27:55 +0000

Amen, brother. Keep in mind that the Gov. of Louisiana said in last night's rebuttal/response to the President's speech that the Republicans want to put the economisc recovery in the hands of private business and you and I. Hmmm…isn't it the private business muckety-mucks that got the banks and auto industry into the mess that we are in? Yeah, this is what happens when greed and capitalism unchecked go on for eight years without public oversight.
Also, didn't the gov come off like a bad TV preacher?

By: rayy

rayy — Wed, 25 Feb 2009 13:18:52 +0000

To collect their bonus, they should have to report to Perk Park in Cleveland at 2:30AM on a Saturday night.

Where Keith's ideas break down is that management is rewarded based on STOCK performance, which is subject to the vagaries of the market and not a good indication of long-term health. And nowadays, these moneyslut CEO's are getting bonuses even when their stock & company tanks! The problem is that they load up the boards with their buddy CEO's and scratch each others backs. The shareholders do not get a say. It is a kleptocracy.

Maybe the only solution is to break some of these companies up, the way TR did in the early 1900's.

By: alan t.

alan t. — Wed, 25 Feb 2009 06:22:57 +0000

I don't get that last post in the least … what logical point does it serve by putting more workers out of work than there already are? Why do you think the parent company has filed for Chapter 11 in the first place? Because nobody is buying a newspaper, newspaper circulation sucks, and advertisers don't want to spend money to advertise somewhere where their ad will never be seen.

If people truly want to save Bob Finnan's job, let alone the jobs of newspaper employees from coast to coast, then people should be patronizing newspapers like crazy instead of reading the news online. If Osama bin Laden had a heart, he'd destroy the Internet.

By: Mick

Mick — Wed, 25 Feb 2009 06:03:29 +0000

Don't worry, I won't spend another cent on the Journal with those money grubbing scum running it. I will not patronize companies like this. Let your money talk people!

By: alan t.

alan t. — Wed, 25 Feb 2009 00:57:40 +0000

Did Pat ghostwrite Roger Ebert's movie review? Or did Roger Ebert ghostwrite Pat's post? You decide. By the way, this was a nice little movie.

http://rogerebert.suntimes.com/apps/pbcs.dll/article?AID=/20081002/REVIEWS/810020303

By: terje

terje — Wed, 25 Feb 2009 00:27:02 +0000

as johnny cougar once said:

"hey, calling it your job old hoss, sure don't make it right. but if you want me to i'll say a prayer for your soul tonight."

By: alan t.

alan t. — Tue, 24 Feb 2009 23:44:06 +0000

Oh, come on. Pat's no dummy, obviously "Keith has it right." The creeps who run the Browns, in a roundabout way, did basically the same thing.

This is not about business, nor is Pat's post about "business." This is about what is right and what is wrong. This is about business ethics, a contradiction in terms of monumental proportions. That one ranks right up there with "jumbo shrimp." This is about the upper echelon of corporate food chains and their weasel lawyers conducting business as usual. This same kind of thing has happened for decades and decades on end, but during a recession, it just happens more frequently. That's all that's "business" about it.

So all you young people, recession or not, the best of times or the worst of times, remember this the next time your company has their annual picnic and proclaims how wonderful they are and they really, really care about you. They're lying.

By: Ken Price

Ken Price — Tue, 24 Feb 2009 22:25:32 +0000

Your altruistic post was admiral Pat,but Keith has it right.