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Looking out for the wealthiest 2%
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Canuck57[_9_]
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First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Looking out for the wealthiest 2%
On 18/04/2010 11:34 AM,
wrote:
On Sun, 18 Apr 2010 11:07:37 -0600,
wrote:
In my case, I left NorTel in 1995. I could smell the company changing
and I didn't like what I saw.
When IBM downsized me out in 1996 I knew it was the right thing to do
from a business sense so I kept their stock. It was a good investment
over the years.
We became a Wal-Mart country and nobody is willing to pay for service,
quality or customer satisfaction. Good for the bottom line but
terrible for the people who used to provide that.
I wouldn't say it is all peoples faults from an individuals perspective.
Part of it is competition. If you can drop your prices by 2% and
reduce costs by 4%, then 2% more profit. So the company might offshore
support for their insert computer product here.
Then you have complexities and costs of hiring people. Insane. Get
sued because you farted. Why bother? Just import it from companies
that don't have over paid dead weigh like Wagoner (GM).
Then you get companies like GM, pawning of "quality" but not delivering.
Might as well buy the Tata Nano for $4K as in 3 years I will not feel
so bad or siffed if it dies. Plus, they make them so simple there is
less to go wrong.
Walmart has great service, bought Tires from Sams, moved around and the
local Walmart took care of me free when I had a flat. That little thing
nets them my business. No union belly aching and crooked types, I like
that.
--
Time to ask, is our government serving us or are we serving the government?
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