Top 8% Own 85%

[kaz]

you've been using 320 this whole time

and so what if it was for it's still cents on the dollar of the original

You have been using wrong numbers actually.

Judge approves $415M settlement in Apple, Google wage case

I already gave you the exact reason companies agree to settle.

Companies are boxed in by government, and are guilty no matter what they do. If you under price, you are guilty. Overprice and you are guilty, price the same and you are guilty.

I was reading a report by a former government official who worked in banking regulation, that there are now so many regulations, from multiple federal agencies, and from state and local, and federal regulations, that if they enforced every single regulations, from every single agency, from every single government level, there wouldn't be a single bank left operating in the entire country.

If I have time, I'll look that up again.

It's the same as driving laws. In reality, nearly every person in the country, violates a driving law, every day of their life.

When you ask "Why do companies settle out of court? It makes them look bad". The answer is, because if they go to court, they will likely lose, no matter what the truth is. Even if they did absolutely nothing wrong whatsoever, they will still likely lose.

Moreover, for no logical reason whatsoever, if you fine a company with damages, you can have the fine tripled under the anti-trust laws. Meaning a fine of $3 Billion, would end up $9 Billion under the idiotic law. And they settled instead for $20 Million?

The bottom line is, no matter what the company did, it would have looked bad. So might as well go for the looking bad that costs less money.

As for my take on the whole thing.... few things...

Once again, this is yet another example of the left pretending that it's in favor of the little guy, when in fact they are for the rich getting richer.

The people who would have been poached from Apple and Google, and Intel, Pixar, and so one.... these are all highly paid rich wealthy people who have stock options. So a bunch of rich people are b!tching that they are not richer.... and you people on the left are supporting them? Hypocrites! All the left... all hypocrites.

And by the way, the vast vast majority of workers in this country, if they want to get a higher paying job, they have to apply for the job, like any other worker.

This entire debate is surrounding one single action. Cold-Calling. The agreement that resulted in this entire deal, is these companies agreed to not cold-call other companies top employees. That's it. If *YOU* were a high-paid top Engineer at Apple, and you called up Intel and applied for a job, and they offered you double your already filthy rich salary... there was nothing in the agreement that stopped this. There was absolutely nothing that prevented you from getting your salary doubled in this agreement. They only thing it prevented was you being served a better paying job in a cold-call.

These spoiled brat employees, sued because people were not handing them higher paying jobs on a silver platter, calling them up randomly at work to ask them to take a bigger salary. They could easily apply for a higher paying job, like the rest of the workers on the planet have to do.... but no no, they wanted to sit on their butts and be spoon fed a higher salary.

This is what you are defending? This is what Apple and Google are so "guilty" of? I side with the companies 100%. None of them did anything wrong at all. The entire thing, is just an example of spoiled brat American rich people, complaining they are not richer. Just another example that the left is not for the average people, but for the super wealthy.

You are a fool then. You support illegal collusion. You support bad capitalism which only benefits the rich. Sad. This is why the Republican Party is imploding. You support bad economic policies.

"Capitalism" benefits everyone, not "only" any one group. You are referring to "crony capitalism," which is a form of socialism. Capitalism is just economic freedom. Socialism is your bag, Holmes

Our economy doesn't benefit everyone because of shit like collusion. Call it what you want, our capitalism is broken and you fools support it. This is how countries get stuck with communism.

Collusion between government and corporations is not capitalism, it's socialism, what you support. You can't worm your way out of that

 

[kaz]

I already gave you the exact reason companies agree to settle.

Companies are boxed in by government, and are guilty no matter what they do. If you under price, you are guilty. Overprice and you are guilty, price the same and you are guilty.

I was reading a report by a former government official who worked in banking regulation, that there are now so many regulations, from multiple federal agencies, and from state and local, and federal regulations, that if they enforced every single regulations, from every single agency, from every single government level, there wouldn't be a single bank left operating in the entire country.

If I have time, I'll look that up again.

It's the same as driving laws. In reality, nearly every person in the country, violates a driving law, every day of their life.

When you ask "Why do companies settle out of court? It makes them look bad". The answer is, because if they go to court, they will likely lose, no matter what the truth is. Even if they did absolutely nothing wrong whatsoever, they will still likely lose.

Moreover, for no logical reason whatsoever, if you fine a company with damages, you can have the fine tripled under the anti-trust laws. Meaning a fine of $3 Billion, would end up $9 Billion under the idiotic law. And they settled instead for $20 Million?

The bottom line is, no matter what the company did, it would have looked bad. So might as well go for the looking bad that costs less money.

As for my take on the whole thing.... few things...

Once again, this is yet another example of the left pretending that it's in favor of the little guy, when in fact they are for the rich getting richer.

The people who would have been poached from Apple and Google, and Intel, Pixar, and so one.... these are all highly paid rich wealthy people who have stock options. So a bunch of rich people are b!tching that they are not richer.... and you people on the left are supporting them? Hypocrites! All the left... all hypocrites.

And by the way, the vast vast majority of workers in this country, if they want to get a higher paying job, they have to apply for the job, like any other worker.

This entire debate is surrounding one single action. Cold-Calling. The agreement that resulted in this entire deal, is these companies agreed to not cold-call other companies top employees. That's it. If *YOU* were a high-paid top Engineer at Apple, and you called up Intel and applied for a job, and they offered you double your already filthy rich salary... there was nothing in the agreement that stopped this. There was absolutely nothing that prevented you from getting your salary doubled in this agreement. They only thing it prevented was you being served a better paying job in a cold-call.

These spoiled brat employees, sued because people were not handing them higher paying jobs on a silver platter, calling them up randomly at work to ask them to take a bigger salary. They could easily apply for a higher paying job, like the rest of the workers on the planet have to do.... but no no, they wanted to sit on their butts and be spoon fed a higher salary.

This is what you are defending? This is what Apple and Google are so "guilty" of? I side with the companies 100%. None of them did anything wrong at all. The entire thing, is just an example of spoiled brat American rich people, complaining they are not richer. Just another example that the left is not for the average people, but for the super wealthy.

The problem is that the legislators who pass laws, judges who run courts and the attorneys on both sides are all lawyers. Getting rid of baseless, frivolous lawsuits isn't in their interest. When a woman takes the top off coffee and dumps it in her lap, she gets six figures. It's preposterous

Absolutely insane. And nothing is an "accident", it's magically some evil greedy person somewhere is to blame, and so we have to legislate everything.

I hate to say it, but I think having a "loser pays all" rule would clean out these lawsuits. But it could hamper justice too. Yet the trade off is tilting too far right now.

There were evil people colluding to hold down wages. That is anti capitalism and so are you.

Who did that? Are you talking about Democrats importing unskilled illegal immigrants to fill low end jobs and keep them from legal Americans?

How about the rich corporations getting politicians to allow more guest workers? You really believe repubs would stop immigration? You are a fool.

We are talking about the collusion case I have posted. If you can't keep up, go away.

I said I want politicians to stop ILLEGAL immigration. Fuck you and the fart that blew you in, race baiter

 

[Brain357]

You have been using wrong numbers actually.

Judge approves $415M settlement in Apple, Google wage case

I already gave you the exact reason companies agree to settle.

Companies are boxed in by government, and are guilty no matter what they do. If you under price, you are guilty. Overprice and you are guilty, price the same and you are guilty.

I was reading a report by a former government official who worked in banking regulation, that there are now so many regulations, from multiple federal agencies, and from state and local, and federal regulations, that if they enforced every single regulations, from every single agency, from every single government level, there wouldn't be a single bank left operating in the entire country.

If I have time, I'll look that up again.

It's the same as driving laws. In reality, nearly every person in the country, violates a driving law, every day of their life.

When you ask "Why do companies settle out of court? It makes them look bad". The answer is, because if they go to court, they will likely lose, no matter what the truth is. Even if they did absolutely nothing wrong whatsoever, they will still likely lose.

Moreover, for no logical reason whatsoever, if you fine a company with damages, you can have the fine tripled under the anti-trust laws. Meaning a fine of $3 Billion, would end up $9 Billion under the idiotic law. And they settled instead for $20 Million?

The bottom line is, no matter what the company did, it would have looked bad. So might as well go for the looking bad that costs less money.

As for my take on the whole thing.... few things...

Once again, this is yet another example of the left pretending that it's in favor of the little guy, when in fact they are for the rich getting richer.

The people who would have been poached from Apple and Google, and Intel, Pixar, and so one.... these are all highly paid rich wealthy people who have stock options. So a bunch of rich people are b!tching that they are not richer.... and you people on the left are supporting them? Hypocrites! All the left... all hypocrites.

And by the way, the vast vast majority of workers in this country, if they want to get a higher paying job, they have to apply for the job, like any other worker.

This entire debate is surrounding one single action. Cold-Calling. The agreement that resulted in this entire deal, is these companies agreed to not cold-call other companies top employees. That's it. If *YOU* were a high-paid top Engineer at Apple, and you called up Intel and applied for a job, and they offered you double your already filthy rich salary... there was nothing in the agreement that stopped this. There was absolutely nothing that prevented you from getting your salary doubled in this agreement. They only thing it prevented was you being served a better paying job in a cold-call.

These spoiled brat employees, sued because people were not handing them higher paying jobs on a silver platter, calling them up randomly at work to ask them to take a bigger salary. They could easily apply for a higher paying job, like the rest of the workers on the planet have to do.... but no no, they wanted to sit on their butts and be spoon fed a higher salary.

This is what you are defending? This is what Apple and Google are so "guilty" of? I side with the companies 100%. None of them did anything wrong at all. The entire thing, is just an example of spoiled brat American rich people, complaining they are not richer. Just another example that the left is not for the average people, but for the super wealthy.

You are a fool then. You support illegal collusion. You support bad capitalism which only benefits the rich. Sad. This is why the Republican Party is imploding. You support bad economic policies.

"Capitalism" benefits everyone, not "only" any one group. You are referring to "crony capitalism," which is a form of socialism. Capitalism is just economic freedom. Socialism is your bag, Holmes

Our economy doesn't benefit everyone because of shit like collusion. Call it what you want, our capitalism is broken and you fools support it. This is how countries get stuck with communism.

Collusion between government and corporations is not capitalism, it's socialism, what you support. You can't worm your way out of that

This is collusion between companies. You obviously have no clue. I support good capitalism, not what we have now.

 

[Brain357]

The problem is that the legislators who pass laws, judges who run courts and the attorneys on both sides are all lawyers. Getting rid of baseless, frivolous lawsuits isn't in their interest. When a woman takes the top off coffee and dumps it in her lap, she gets six figures. It's preposterous

Absolutely insane. And nothing is an "accident", it's magically some evil greedy person somewhere is to blame, and so we have to legislate everything.

I hate to say it, but I think having a "loser pays all" rule would clean out these lawsuits. But it could hamper justice too. Yet the trade off is tilting too far right now.

There were evil people colluding to hold down wages. That is anti capitalism and so are you.

Who did that? Are you talking about Democrats importing unskilled illegal immigrants to fill low end jobs and keep them from legal Americans?

How about the rich corporations getting politicians to allow more guest workers? You really believe repubs would stop immigration? You are a fool.

We are talking about the collusion case I have posted. If you can't keep up, go away.

I said I want politicians to stop ILLEGAL immigration. Fuck you and the fart that blew you in, race baiter

Well the repubs control congress, what have they done? You are a fool to believe they want that.

 

[kaz]

I already gave you the exact reason companies agree to settle.

Companies are boxed in by government, and are guilty no matter what they do. If you under price, you are guilty. Overprice and you are guilty, price the same and you are guilty.

I was reading a report by a former government official who worked in banking regulation, that there are now so many regulations, from multiple federal agencies, and from state and local, and federal regulations, that if they enforced every single regulations, from every single agency, from every single government level, there wouldn't be a single bank left operating in the entire country.

If I have time, I'll look that up again.

It's the same as driving laws. In reality, nearly every person in the country, violates a driving law, every day of their life.

When you ask "Why do companies settle out of court? It makes them look bad". The answer is, because if they go to court, they will likely lose, no matter what the truth is. Even if they did absolutely nothing wrong whatsoever, they will still likely lose.

Moreover, for no logical reason whatsoever, if you fine a company with damages, you can have the fine tripled under the anti-trust laws. Meaning a fine of $3 Billion, would end up $9 Billion under the idiotic law. And they settled instead for $20 Million?

The bottom line is, no matter what the company did, it would have looked bad. So might as well go for the looking bad that costs less money.

As for my take on the whole thing.... few things...

Once again, this is yet another example of the left pretending that it's in favor of the little guy, when in fact they are for the rich getting richer.

The people who would have been poached from Apple and Google, and Intel, Pixar, and so one.... these are all highly paid rich wealthy people who have stock options. So a bunch of rich people are b!tching that they are not richer.... and you people on the left are supporting them? Hypocrites! All the left... all hypocrites.

And by the way, the vast vast majority of workers in this country, if they want to get a higher paying job, they have to apply for the job, like any other worker.

This entire debate is surrounding one single action. Cold-Calling. The agreement that resulted in this entire deal, is these companies agreed to not cold-call other companies top employees. That's it. If *YOU* were a high-paid top Engineer at Apple, and you called up Intel and applied for a job, and they offered you double your already filthy rich salary... there was nothing in the agreement that stopped this. There was absolutely nothing that prevented you from getting your salary doubled in this agreement. They only thing it prevented was you being served a better paying job in a cold-call.

These spoiled brat employees, sued because people were not handing them higher paying jobs on a silver platter, calling them up randomly at work to ask them to take a bigger salary. They could easily apply for a higher paying job, like the rest of the workers on the planet have to do.... but no no, they wanted to sit on their butts and be spoon fed a higher salary.

This is what you are defending? This is what Apple and Google are so "guilty" of? I side with the companies 100%. None of them did anything wrong at all. The entire thing, is just an example of spoiled brat American rich people, complaining they are not richer. Just another example that the left is not for the average people, but for the super wealthy.

You are a fool then. You support illegal collusion. You support bad capitalism which only benefits the rich. Sad. This is why the Republican Party is imploding. You support bad economic policies.

"Capitalism" benefits everyone, not "only" any one group. You are referring to "crony capitalism," which is a form of socialism. Capitalism is just economic freedom. Socialism is your bag, Holmes

Our economy doesn't benefit everyone because of shit like collusion. Call it what you want, our capitalism is broken and you fools support it. This is how countries get stuck with communism.

Collusion between government and corporations is not capitalism, it's socialism, what you support. You can't worm your way out of that

This is collusion between companies. You obviously have no clue. I support good capitalism, not what we have now.

Seriously, you don't see them buying government? Wow

 

[kaz]

Absolutely insane. And nothing is an "accident", it's magically some evil greedy person somewhere is to blame, and so we have to legislate everything.

I hate to say it, but I think having a "loser pays all" rule would clean out these lawsuits. But it could hamper justice too. Yet the trade off is tilting too far right now.

There were evil people colluding to hold down wages. That is anti capitalism and so are you.

Who did that? Are you talking about Democrats importing unskilled illegal immigrants to fill low end jobs and keep them from legal Americans?

How about the rich corporations getting politicians to allow more guest workers? You really believe repubs would stop immigration? You are a fool.

We are talking about the collusion case I have posted. If you can't keep up, go away.

I said I want politicians to stop ILLEGAL immigration. Fuck you and the fart that blew you in, race baiter

Well the repubs control congress, what have they done? You are a fool to believe they want that.

Strawman, I never said anything about the Republicans. Stop addressing the voices in your head. And the world isn't just your party and Republicans, moron. In fact there is little that separates you from Republicans

 

[Brain357]

You are a fool then. You support illegal collusion. You support bad capitalism which only benefits the rich. Sad. This is why the Republican Party is imploding. You support bad economic policies.

"Capitalism" benefits everyone, not "only" any one group. You are referring to "crony capitalism," which is a form of socialism. Capitalism is just economic freedom. Socialism is your bag, Holmes

Our economy doesn't benefit everyone because of shit like collusion. Call it what you want, our capitalism is broken and you fools support it. This is how countries get stuck with communism.

Collusion between government and corporations is not capitalism, it's socialism, what you support. You can't worm your way out of that

This is collusion between companies. You obviously have no clue. I support good capitalism, not what we have now.

Seriously, you don't see them buying government? Wow

The example we were discussing was between companies. The DOJ stopped it. If you can't follow go away.

 

[Brain357]

There were evil people colluding to hold down wages. That is anti capitalism and so are you.

Who did that? Are you talking about Democrats importing unskilled illegal immigrants to fill low end jobs and keep them from legal Americans?

How about the rich corporations getting politicians to allow more guest workers? You really believe repubs would stop immigration? You are a fool.

We are talking about the collusion case I have posted. If you can't keep up, go away.

I said I want politicians to stop ILLEGAL immigration. Fuck you and the fart that blew you in, race baiter

Well the repubs control congress, what have they done? You are a fool to believe they want that.

Strawman, I never said anything about the Republicans. Stop addressing the voices in your head. And the world isn't just your party and Republicans, moron. In fact there is little that separates you from Republicans

I'm an independent moron.

 

[there4eyeM]

'Capitalism' is not a religion. It is not holy. It isn't even a proper 'ism'. It is merely one economic approach, and it has proven to need tempering to make it work to the benefit of all. It doesn't do that all by itself.

 

[Brain357]

'Capitalism' is not a religion. It is not holy. It isn't even a proper 'ism'. It is merely one economic approach, and it has proven to need tempering to make it work to the benefit of all. It doesn't do that all by itself.

It can and should work great for everyone. But it can be bent and twisted so it doesn't, that is where we are now. Several on this board support collusion to hold wages down. Not good capitalism.

 

[there4eyeM]

'Brain', it appears you have one.

 

[kaz]

"Capitalism" benefits everyone, not "only" any one group. You are referring to "crony capitalism," which is a form of socialism. Capitalism is just economic freedom. Socialism is your bag, Holmes

Our economy doesn't benefit everyone because of shit like collusion. Call it what you want, our capitalism is broken and you fools support it. This is how countries get stuck with communism.

Collusion between government and corporations is not capitalism, it's socialism, what you support. You can't worm your way out of that

This is collusion between companies. You obviously have no clue. I support good capitalism, not what we have now.

Seriously, you don't see them buying government? Wow

The example we were discussing was between companies. The DOJ stopped it. If you can't follow go away.

Not in the OP or the title. I like how you said "the example we were discussing," rather than naming what you were "discussing" do you know?

And generally companies collude only when they work together to buy government. And you want more government

 

[kaz]

'Brain', it appears you have one.

It takes true intelligence to parrot the left, I feel you

 

[there4eyeM]

If the left is right, it isn't parroting.

 

[kaz]

Who did that? Are you talking about Democrats importing unskilled illegal immigrants to fill low end jobs and keep them from legal Americans?

How about the rich corporations getting politicians to allow more guest workers? You really believe repubs would stop immigration? You are a fool.

We are talking about the collusion case I have posted. If you can't keep up, go away.

I said I want politicians to stop ILLEGAL immigration. Fuck you and the fart that blew you in, race baiter

Well the repubs control congress, what have they done? You are a fool to believe they want that.

Strawman, I never said anything about the Republicans. Stop addressing the voices in your head. And the world isn't just your party and Republicans, moron. In fact there is little that separates you from Republicans

I'm an independent moron.

No, you're a leftist moron

 

[Brain357]

Our economy doesn't benefit everyone because of shit like collusion. Call it what you want, our capitalism is broken and you fools support it. This is how countries get stuck with communism.

Collusion between government and corporations is not capitalism, it's socialism, what you support. You can't worm your way out of that

This is collusion between companies. You obviously have no clue. I support good capitalism, not what we have now.

Seriously, you don't see them buying government? Wow

The example we were discussing was between companies. The DOJ stopped it. If you can't follow go away.

Not in the OP or the title. I like how you said "the example we were discussing," rather than naming what you were "discussing" do you know?

And generally companies collude only when they work together to buy government. And you want more government

Oh should I post it again because you are too lazy to look and have no clue?

 

[kaz]

If the left is right, it isn't parroting.

Not a logically valid conclusion or factually correct

 

[Fair&Balanced]

I am SHOCKED to discover that rich people are rich.

 

[Brain357]

How about the rich corporations getting politicians to allow more guest workers? You really believe repubs would stop immigration? You are a fool.

We are talking about the collusion case I have posted. If you can't keep up, go away.

I said I want politicians to stop ILLEGAL immigration. Fuck you and the fart that blew you in, race baiter

Well the repubs control congress, what have they done? You are a fool to believe they want that.

Strawman, I never said anything about the Republicans. Stop addressing the voices in your head. And the world isn't just your party and Republicans, moron. In fact there is little that separates you from Republicans

I'm an independent moron.

No, you're a leftist moron

Oh really? How do you know this?

 

[there4eyeM]

Repeating truth is parroting?