Ignoramus21474 wrote:
On Sat, 06 May 2006 13:40:53 -0400, syoung wrote:
Ignoramus21474 wrote:
To all people who say "I have a 20 year old XXX brand washer, and it
still works fine": I think that things have changed since when you
bought your favorite washer, and manufacturers learned to make cheap,
bad products that would just last beyond the warranty period.

I have no doubt that these companies used to make good products. Then
what often happens is that some asshole CEO comes on board, cheapens
everything, enjoys a few years of great "profits" and bonuses, and
then moves on to another company.

i

This is what all business colleges and Wall Street are teaching the
managers of today - plan for yourself, today. Let the rest of all the
suckers care about their kids lives in the future. Managers are being
told to manage for today only.

Partly, I think that the other responsible parties are mutual funds,
and other institutions, that hold stock and only care about short term
profits, and consumers, who do not make an effort to learn what is and
what is not a good product.

i

This is WHO is doing the telling when I say managers are being told to
manage for today. This unabashed greed is what is bringing down the USA.
I read recently where company officials in an eastern US state are
trying to put steps in place so stockholders/shareholders of said
company will have radically reduced control of the hiring/firing of
upper level officials - extremely dangerous in my view. Rape & pillage a
company, make ridiculous monies, ruin an organization, retire in wealth
with no accountability. As a blue collar worker that's all I hear about
from my managers - employees must have MORE accountability - yet THEY
want to escape it at their level. Total & absolute hypocrisy.