Crude Settles at Lowest Level Since 2005

[TIME FOR CHANGE]

http://money.excite.com/jsp/nw/nwdt_rt_top...-d8meoq9g0&



I recall AMR crying the blues everytime oil hit a new high.

Seems crude prices are dropping again. I wonder what AMR will use as an excuse to squeeze more money out of us while oil drops to new lows since 2005

🙂

 

[Hopeful]

http://money.excite.com/jsp/nw/nwdt_rt_top...-d8meoq9g0&
I recall AMR crying the blues everytime oil hit a new high.

Seems crude prices are dropping again. I wonder what AMR will use as an excuse to squeeze more money out of us while oil drops to new lows since 2005

🙂

I think AA hedged its fuel at $68 a barrel

 

[mjk]

Sounds like we need to hedge some more while the going's good.

 

[flyhigh]

If you'll recall time for, AA wasn't exactly propering significantly back in 2005 so to say this is a low since then isn't much.

When are people going to wake up and realize that AMR is a business like any other that has to make a profit to justify giving you back the wages and benefits everyone gave up after 9/11.

And before you start whining about executive bonuses, go tell it to the Home Depot stockholder who just saw a relatively failed exec (stock has been stagnant during Nardelli's time) about bonuses and exec compensation. No airline exec makes in a lifetime what he made walking out the door (~$200 million)...

 

[Hopeful]

If you'll recall time for, AA wasn't exactly propering significantly back in 2005 so to say this is a low since then isn't much.

When are people going to wake up and realize that AMR is a business like any other that has to make a profit to justify giving you back the wages and benefits everyone gave up after 9/11.

And before you start whining about executive bonuses, go tell it to the Home Depot stockholder who just saw a relatively failed exec (stock has been stagnant during Nardelli's time) about bonuses and exec compensation. No airline exec makes in a lifetime what he made walking out the door (~$200 million)...

And it is business as usual at AMR. The top four execs sharing 16 million!

 

[AMFAMAN]

And before you start whining about executive bonuses, go tell it to the Home Depot stockholder who just saw a relatively failed exec (stock has been stagnant during Nardelli's time) about bonuses and exec compensation. No airline exec makes in a lifetime what he made walking out the door (~$200 million)...

So this example of corporate greed is suppose to justify the continued greed by 1000 or so manAAgers. Were there any givebacks at Home Depot?

 

[Itestwell]

http://money.excite.com/jsp/nw/nwdt_rt_top...-d8meoq9g0&
I recall AMR crying the blues everytime oil hit a new high.

Seems crude prices are dropping again. I wonder what AMR will use as an excuse to squeeze more money out of us while oil drops to new lows since 2005

🙂

They'll probably give you a raise. Right?

 

[eolesen]

So this example of corporate greed is suppose to justify the continued greed by 1000 or so manAAgers.

Perhaps it just shows varying degrees of greed?

Nardelli will be taking home more personally than the 1000 AMR managers and executives will combined.

Were there any givebacks at Home Depot?

There weren't any givebacks, but as a former Home Depot employee (how else do you think I made ends meet on an airline salary???), HD stock price growth is definitely a huge issue for the more senior employees.

They're not employee owned and don't get free options, but the percentage of employees owning stock in the company is pretty high compared to AMR where the employees were given options. At my store, there were more a dozen or so employees whose HD stock net worth was in the high six figures. Since they don't have a pension plan, that's a big part of the retirement nest egg for employees.

 

[kirkpatrick]

Were there any givebacks at Home Depot?

No. But there wasn't any sharing, either.

MK store 1218

 

[MCI transplant]

They'll probably give you a raise. Right?

<_< ----- That's right! $.43@ Hour, or is it $.46?!!!!! :rant:

 

[Bagbelt]

I worked at hd, they paid me more coming into the store than people who were there for years just cause at the particular moment they were short on help. It was the most unfair thing I ever saw. Health insurance was about $65 a week 6 years ago.

 

[flyhigh]

...not a justification. Just a way of showing that, like line employees, execs and other management employees are underpaid relative to their peers.

 

[Hopeful]

<_< ----- That's right! $.43@ Hour, or is it $.46?!!!!! :rant:

It is $.43 an hour for a CC and $.40 for a non CC.
1.5% on base pay.


And the top 4 execs are sharing $16 million?.....Sounds fair!

 

[eolesen]

I worked at hd, they paid me more coming into the store than people who were there for years just cause at the particular moment they were short on help. It was the most unfair thing I ever saw.

If someone was making less than you, it's because they felt they were worth less, and didn't ask for as much when they came aboard.

Unless things have changed, everyone who works the floor negotiates their own pay at HD -- there is no such thing as predefined pay ranges except perhaps for the cashiers and lot loaders.

So, you got what you negotiated, and the people hired before you got what they negotiated. It doesn't get any fairer than that.

As an aside, HD was the most fun job I'd had in a long time... the workout alone was worth it -- five or six pallets a day of cedar mulch and a couple tons of Pavestone beats paying to go to the gym.

 

[Boomer]

If someone was making less than you, it's because they felt they were worth less, and didn't ask for as much when they came aboard.

Unless things have changed, everyone who works the floor negotiates their own pay at HD -- there is no such thing as predefined pay ranges except perhaps for the cashiers and lot loaders.

So, you got what you negotiated, and the people hired before you got what they negotiated. It doesn't get any fairer than that.

As an aside, HD was the most fun job I'd had in a long time... the workout alone was worth it -- five or six pallets a day of cedar mulch and a couple tons of Pavestone beats paying to go to the gym.

----------------------
You conveniately ignore the conudrum faced by workers covered by the RLA and Closed Shop Union Provisions contained therein.

If Airline "a" goes TangoUniform; the surviving employees find jobs with another 121/135 and continue as Newhires?

We need a hiring hall for the TWU and the APFA: we could discuss the obvious; while the undermotivated seek refuge in a cohnstruct. Take Care Brother