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jebba2005

join:2005-01-13
Portland, ME

reply to Rogue Wolf

Re: He's right

All those towns, States, pensions, 401K's, IRA's, college savings accounts....screw them!


Rogue Wolf
Ate Your Homework, And Framed The Dog

join:2003-08-12
Troy, NY

Y'see, I know that there are a lot of interests riding on stock prices. I'm not honestly saying "screw the shareholders". The problem is that people like Mr. Moffett see stock prices as the only worthwhile concern for companies- never mind such things as investing in future technologies, improving customer service or increasing employee compensation. This ilk sees customers as nothing more than a money spigot, and believes that all businesses should extract maximum costs for minimum effort and shunt every last dime into dividends to boost up stock prices, so that people like Mr. Moffett can make fortunes playing those stocks on the market.

As for the customers... in effect, Mr. Moffett is saying "screw them". That's people like you and me, friend.
--
Attention. Attention, please. We have the funk. I repeat, we are in full possession of the funk.



JohnQPublic
Premium
join:2002-03-22
Xanadu

reply to jebba2005

said by jebba2005:

All those towns, States, pensions, 401K's, IRA's, college savings accounts....screw them!
Maybe the wireless industry should take a page from the API's (American Petroleum Institute) playbook and "educate consumers" on how paying through the nose is actually good for you. Not only are you likely a stakeholder in their business (albeit however tangentially), but paying outrageous fees is helping to prop up the US employment rate and creates high-paying jobs.

Someone just needs to sit you down and show you why paying exorbitant rates is in your best interest. Do it for you. Do it for the USA.
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I feel stimulated.

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