Author Topic: DU Dunks Don's head Up Anus  (Read 1102 times)

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Offline zeitgeist

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DU Dunks Don's head Up Anus
« on: December 26, 2011, 12:39:57 PM »
This thread runs toward the bouncy side at times. But I still think it is worth a peek if you have time.

 :bouncy: :bouncy: :bouncy:

http://www.democraticunderground.com/100272024

Quote
NNN0LHI (63,811 posts) Profile Journal Send DU Mail Ignore


 Do you think a laborer who makes $150,000 a year with overtime is being overpaid?
Last edited Mon Dec 26, 2011, 11:00 AM USA/ET - Edit history (1)

Anyone who thinks they are overpaid is falling for the scam.

Now these people are being overpaid:

---------------------------------------------------------------

http://www.huffingtonpost.com/2010/04/09/the-5-best-paid-hedge-fun_n_532071.html#s79888&title=5_Steve_Cohen

The 5 Best-Paid Hedge Fund Managers (PHOTOS)

Huffington Post First Posted: 06/ 9/10 06:12 AM ET Updated: 05/25/11 05:05 PM ET

We heard a lot about CEO pay when Wall Street firms doled out their annual bonuses earlier this year. Of course, any bonus at all could be interpreted as excessive after the massive taxpayer-funded bailouts that rescued the big banks from failure. But Goldman Sachs CEO Lloyd Blankfein's $9 million 2009 bonus and JPMorgan CEO Jamie Dimon's $17 million bonus pale in comparison to the top hedge fund managers' paychecks.

According to a ranking by AR: Absolute Return+Alpha magazine, the top 25 best-paid hedge fund managers made $25.3 billion in 2009 -- over $1 billion each on average. (The lowest-paid on the list earned $350 million, but seven of them actually brought home more than a billion dollars.) And you've likely never heard of.the manager who made the most -- $4 billion -- this year.

Check out the top five:

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http://thinkprogress.org/economy/2011/12/09/385941/walmart-heirs-worth-30-percent-bottom/

The Walmart Heirs Have The Same Net Worth As The Bottom 30 Percent Of Americans

By Pat Garofalo on Dec 9, 2011 at 9:45 am

Income inequality in the U.S. is currently the highest its been since the 1920s, with the 400 richest Americans (who are all billionaires) having as much wealth as the bottom 50 percent of Americans combined. And as it turns out, just one wealthy family has managed to amass a fortune equal to that of the combined net worth of the bottom 30 percent of Americans — the Waltons, heirs to the Walmart fortune, as Sylvia Allegretto, a labor economist at the Center on Wage and Employment Dynamics, found:

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Now right there is where we need to be looking at. Not the guy who works his ass off 12 hours a day, 7 days a week sweating his balls off in some factory to provide a decent life for themselves and their families making $150,000 a year and who deserves every penny of that while tyring to made a living in this economy with the current cost of living.

For a family with one spouse working and a couple of kids to raise that is about what it takes to make it now. Yes, one person should be able to provide a decent living for themselves and and their family without having the bill collectors biting at their ass constantly. That is the way it is supposed to be for all of us. Not just the ultra-wealthy.

Every worker should make good money and be able to live that kind of life. Workers in the $150,000 range are the people who are going to buy what we are making or use the services we are providing. Its not the hedge fund managers or Walton family who do that. They put it in the bank and look at it. They don't spend it like we do. The people like this who are making $150,000 a year are not our enemy. They are our middle class who keep everything going for all of us. It is the wealthy who want us to think the person making $150,000 is our enemy. They are not our enemy.

Anyone who tries to convince you otherwise is not your friend.

Don

 

I am only going to carry back a couple comments:

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NNN0LHI (63,811 posts) Profile Journal Send DU Mail Ignore

2. I stated 12 hours a day and 7 days a week in my post

In comparison I was making a hundred grand a year doing that in a factory 20 years ago. And that was about enough to keep the bill collectors off my ass back then and provide a decent life for my family.

 

Don

 


and this
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NNN0LHI (63,811 posts) Profile Journal Send DU Mail Ignore

31. 200 of us hired into a Ford stamping plant in 1973

I was still two months away from graduating high school at the time I was hired.

Out of those 200, two of us retired with a pension. Half were gone the first day.

My brother hired in 4 years earlier with about 150 others while he was still in high school too. He was the only one out of that group to draw a pension.

Know something else? A cashier at a grocery store could expect the same or better wages and benefits as we were getting in 1973 in an auto plant. My brother actually took a little cut in pay in 1969 when he quit his union stock boy job and hired on at Ford.

Don


Don taking a victory lap??

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NNN0LHI (63,811 posts) Profile Journal Send DU Mail Ignore

28. We did it for two years straight in the early 90's

They took our afternoon shift and split in half. Half of us worked 7AM to 7:30PM. The other shift worked 7PM to 7:30AM.

Then they got some kind of waiver from the state so they could break state law and make us work 7 days a week with no day off.

Used it to pay our house off. Does take a lot out of you though.

When we went back to a regular shift and workweek it felt like we were on vacation.

Don


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starroute (9,231 posts) Profile Journal Send DU Mail Ignore

33. A household income of $150,000 puts you just short of the top 10%

And making that much on your own, without a second wage-earner in the household, would put you in the top 2% of people filing as single earners or the top 1% of people filing as head of household. (http://taxpolicycenter.org/numbers/displayatab.cfm?DocID=2970)

If somebody is willing and able to work their butt off to get to that level with a blue-collar job, more power to them. But for you to say, "For a family with one spouse working and a couple of kids to raise that is about what it takes to make it now" seems disingenuous.

It suggests that you almost have to be part of the 1% to "make it" these days -- and there's something very wrong with that picture.

 

Whoa, take that you rich Union Hog. :hammer:  :bouncy:
« Last Edit: December 26, 2011, 12:44:30 PM by zeitgeist »
< watch this space for coming distractions >

Offline Texacon

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Re: DU Dunks Don's head Up Anus
« Reply #1 on: December 26, 2011, 12:46:03 PM »
Ouch.  Don may end up losing some of his supporters!

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Offline JohnnyReb

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Re: DU Dunks Don's head Up Anus
« Reply #2 on: December 26, 2011, 12:47:51 PM »
$150,000.00 a year for common labor....no damn wonder the Mexicans are up here doing common labor the DUmmies refuse to do....hell, let me have some of that.
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Offline jukin

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Re: DU Dunks Don's head Up Anus
« Reply #3 on: December 26, 2011, 03:28:11 PM »
Speaking of a laborer that makes $150,000/year, CalTrans is laying off 100,000 union laborers. A local San Jose company has invented a shovel that stands up by itself. This same company plans on marketing a clipboard that hovers by itself eliminating 1,000,000 supervisors out of CalTrans.

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Offline Carl

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Re: DU Dunks Don's head Up Anus
« Reply #4 on: December 26, 2011, 04:35:23 PM »
Don getting paid a hundred grand 20 years ago (yeah right) but decided to take early retirement at 24K a year.
Now there is a genius for ya.

Offline BlueStateSaint

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Re: DU Dunks Don's head Up Anus
« Reply #5 on: December 26, 2011, 04:41:46 PM »
Don getting paid a hundred grand 20 years ago (yeah right) but decided to take early retirement at 24K a year.
Now there is a genius for ya.

Condition of a plea bargain for ripping off the union? :???:
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Offline zeitgeist

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Re: DU Dunks Don's head Up Anus
« Reply #6 on: December 26, 2011, 05:22:12 PM »
Don getting paid a hundred grand 20 years ago (yeah right) but decided to take early retirement at 24K a year.
Now there is a genius for ya.

Well the retirement math is low for someone making that kind of dough but it could happen.  I knew folk working those kind of hours twenty years ago.  If you do the math (12 X 7 x 52 = 4368) you get some awesome amount of hours but if you are feather bedding it is possible.  You would have to figure the gross on a straight time for 2080 hours then probably 1.5X for 1144 and 2X times for 1144 ( double time for Sundays) to determine the rate necessary to generate 100-150k.  Take a guy making $20, the first figure (2080*20= 41600) + (1144*30=34320 ) + (1144*40=45760) gets you  up to $121680.  And twenty bucks an hour in 1991 was not unheard of for some union trades.   

Some companies don't use OT to figure base pay for retirement or only use a percentage which could explain the 24K retierment.



 
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Offline docstew

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Re: DU Dunks Don's head Up Anus
« Reply #7 on: December 26, 2011, 05:28:49 PM »
Well the retirement math is low for someone making that kind of dough but it could happen.  I knew folk working those kind of hours twenty years ago.  If you do the math (12 X 7 x 52 = 4368) you get some awesome amount of hours but if you are feather bedding it is possible.  You would have to figure the gross on a straight time for 2080 hours then probably 1.5X for 1144 and 2X times for 1144 ( double time for Sundays) to determine the rate necessary to generate 100-150k.  Take a guy making $20, the first figure (2080*20= 41600) + (1144*30=34320 ) + (1144*40=45760) gets you  up to $121680.  And twenty bucks an hour in 1991 was not unheard of for some union trades.   

Some companies don't use OT to figure base pay for retirement or only use a percentage which could explain the 24K retierment.



 

OR, and this is just the Occam's Razor theory, Don's lying...

Offline wasp69

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Re: DU Dunks Don's head Up Anus
« Reply #8 on: December 27, 2011, 10:26:18 AM »
Quote
NNN0LHI (63,811 posts)

Do you think a laborer who makes $150,000 a year with overtime is being overpaid?
Last edited Mon Dec 26, 2011, 11:00 AM USA/ET - Edit history (1)

Anyone who thinks they are overpaid is falling for the scam.

Now these people are being overpaid:

DUmbass Don, I want to share something with you and the rest of the ass-douches at the DUmp.

My first project after "retirement" involved work in a very hot, smoky, loud, dirty, and all around nasty industrial environment.  I, too, was working 12 hours a day, 7 days a week.  I did this for 6 months until the project was finished.

My company's pay periods ran 15 days and in that 15 days, I grossed somewhere south of $5k.  I was so damned excited I couldn't stand it, I couldn't wait for that check to hit my account.  I thought that I had finally broken out of the morass of twice monthly pay doldrums that I withstood for 22 years and was going to make some headway for the first time ever.

When the check hit the account, it was well short of what I had expected after taxes.  The first cut was to the FEDGOV for just short of $1k.  Did you read that, DUmbass butt-knuckles?  $35 short of $1,000 that I had sweated my ass off to earn!  While the net pay was nothing to sneeze at, it was well short of what I had expected and well short of what I thought the FEDGOV deserved for my labor.

Now, I told you that to tell you this:  The 5 top hedge fund managers and the Walton family are not who I get pissed at when I think of how badly I'm getting cornholed every payday for what I earn. 

Not even close.

I am livid at having to hear a filthy, thin skinned, jug eared, lying-assed, gutless, never-held-a-real-job-in-his-life marxist tell me that I have to "sacrifice", and his mindless followers (ie all of you) tell me that I need to let you dig further into my pockets to pay your way in life.

Trust me, ****o, when I tell you that I have all of you, your filthy communist president, and the corrupt sacks of democrat garbage infesting DC in the forefront of my mind when I walk into the voting booth, not the 5 wealthiest hedge fund managers nor the Walmart corporation.
"We make men without chests and expect of them virtue and enterprise. We laugh at honor and are shocked to find traitors in our midst. We castrate and then bid the geldings to be fruitful."

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John C Calhoun, "Disquisition on Government", 1840

Offline AprilRazz

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Re: DU Dunks Don's head Up Anus
« Reply #9 on: December 27, 2011, 10:38:26 AM »
Cry me a river Don. I worked 12 plus hours a day, 7 days a week and got to go "home" to a rack in berthing. I made a fraction of what you claim to have made and got to put up with things that would have made you run with your tail between your legs.
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Offline JohnnyReb

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Re: DU Dunks Don's head Up Anus
« Reply #10 on: December 27, 2011, 11:06:05 AM »


Trust me, ****o, when I tell you that I have all of you, your filthy communist president, and the corrupt sacks of democrat garbage infesting DC in the forefront of my mind when I walk into the voting booth, not the 5 wealthiest hedge fund managers nor the Walmart corporation.

Tell me, would that filthy communist president happen to be the one family vacationing in the lovely Hi-wha-he islands right now....on your dime?  :-)
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"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline wasp69

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Re: DU Dunks Don's head Up Anus
« Reply #11 on: December 27, 2011, 11:16:31 AM »
Tell me, would that filthy communist president happen to be the one family vacationing in the lovely Hi-wha-he islands right now....on your dime?  :-)

It would indeed, sir.
"We make men without chests and expect of them virtue and enterprise. We laugh at honor and are shocked to find traitors in our midst. We castrate and then bid the geldings to be fruitful."

C.S. Lewis

A community may possess all the necessary moral qualifications, in so high a degree, as to be capable of self-government under the most adverse circumstances; while, on the other hand, another may be so sunk in ignorance and vice, as to be incapable of forming a conception of liberty, or of living, even when most favored by circumstances, under any other than an absolute and despotic government.

John C Calhoun, "Disquisition on Government", 1840

Online Karin

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Re: DU Dunks Don's head Up Anus
« Reply #12 on: December 27, 2011, 02:28:55 PM »
What's this?  Don was the one who said that a family should be able to be quite comfortable at $50K.  Anything above that, tax it at 100% and confiscate it.  You said it, Don.  I remember. 

On another note, Taverner said that all you needed to be a hedge fund manager was a keyboard.  That's it.  Why not get on that, Taverner, and make billions of dollars right now? 


Offline wasp69

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Re: DU Dunks Don's head Up Anus
« Reply #13 on: December 27, 2011, 03:17:47 PM »
What's this?  Don was the one who said that a family should be able to be quite comfortable at $50K.  Anything above that, tax it at 100% and confiscate it.  You said it, Don.  I remember. 

Linky to rub his face in it?

 :-)
"We make men without chests and expect of them virtue and enterprise. We laugh at honor and are shocked to find traitors in our midst. We castrate and then bid the geldings to be fruitful."

C.S. Lewis

A community may possess all the necessary moral qualifications, in so high a degree, as to be capable of self-government under the most adverse circumstances; while, on the other hand, another may be so sunk in ignorance and vice, as to be incapable of forming a conception of liberty, or of living, even when most favored by circumstances, under any other than an absolute and despotic government.

John C Calhoun, "Disquisition on Government", 1840

Offline Airwolf

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Re: DU Dunks Don's head Up Anus
« Reply #14 on: December 27, 2011, 04:22:05 PM »
**** that rat bastard. Try comparing his story to anyone that's had to serve when it comes to hours of work. The pay doesn't even come close either if hes telling the truth. Yeah we get the bennefit of housing and other stuff but you can bet he has never had to keep his room clean and inspection ready on a daily basis and never had to wear the same unifrom all the time and maybe when he got paid he could make it last longer then 5 days.
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Offline JohnnyReb

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Re: DU Dunks Don's head Up Anus
« Reply #15 on: December 27, 2011, 06:30:19 PM »
DU Dunks Don's head Up Anus ...he's just following the doctors orders. The doctor told him to keep his head in a warm, moist, dark place.
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Re: DU Dunks Don's head Up Anus
« Reply #16 on: December 28, 2011, 05:06:21 AM »
Tell me, would that filthy communist president happen to be the one family vacationing in the lovely Hi-wha-he islands right now....on your dime?  :-)

I think it is, especially if it's the one on his 90th golf outing in 3 years.
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