God, These Pieces Of Shit...

[Hissyspit]

Get a fucking clue.

http://money.cnn.com/2011/02/28/news/companies/3M_CEO_Obama/index.htm?hpt=T2

3M CEO slams Obama as 'anti-business'

by Ken Sweet, contributing writerFebruary 28, 2011: 1:41 PM ET

NEW YORK (CNNMoney) -- The head of industrial conglomerate 3M (MMM, Fortune 500) blasted the president as being "anti-business," claiming Obama has not done anything to improve the White House's relationship with Corporate America.

- snip -

"We know what his instincts are ... he is anti business," Buckley said in an interview that ran late Sunday. The interview comes as the White House pushes its pro-business agenda. Last week, the Council on Jobs and Competitiveness held its first meeting to brainstorm ideas on job growth and boosting the economy.

- snip -

Buckley said his company, which makes thousands of products ranging from Post-It notes to Scotch Tape, "will do business where it's good and friendly."

Despite the recent public positions of other major business leaders, Buckley says he's not alone. "There is a sense among companies that (the U.S.) is a difficult place to do business," he told the FT. "We've got a real choice between manufacturing in Canada or Mexico -- which tend to be more pro-business -- and America."

Hey, Buckley... How about helping out AMERICA, you overpaid* shit?


Since they're going to be like this NO MATTER WHAT, can we tax them 'til their dicks fall off now, PLEASE???


* Wikipedia: While CEO of 3M in 2008, George Buckley earned a total compensation of $12,182,410; which included a base salary of $1,720,000; a cash bonus of $2,844,074; stocks granted of $4,002,421; options granted of $3,363,492; and other compensation of $252,423. In 2009, George Buckley earned a total compensation of $13,992,628, which included a base salary of $1,720,000, a cash bonus of $3,859,112, stocks granted worth $4,333,655, options granted of $3,757,572, and other compensation of $322,289.

[TxVietVet]

1. I copied this quote from DU. It was appropriate now as it was then.

Republicans want:

No Social Security
No Public Education
No Regulated Banking
No Medicare
No Healthcare
No Regulations for Wall Street
No Regulations for Insurance
No Tax to the Rich who make wealth by plunder of the poor
No Regulation of private business, all free trade

Republican want:
All Plunder, Extortion, Scam, Feudalism, Anarchy and Capitalism for Crooks and Criminals.

This was possible in 1850, not any more in 2010.



I want to thank the person who first posted it. It means more and more each day.

[no_hypocrisy]

5. I go with Thomm Hartman. If the corporations move to manufacture outside this country,

slap their products with tariffs.

[KT2000]

35. Not just corporations

but private equity firms too. They buy American comapnies that have established a reputation of quality. Then, they ship manufacturing to China, make the decision to reduce quality and then rake in the cash.
One I am thinking of owns 100 such companies.

[russspeakeasy]

42. I think I know who you are talking about, but can you enlighten us?

[KT2000]

75. You mean an example?

The worst example of all is the Simmons Mattress Co. that was bought by private equity firms twice. They looted the company of its cash and leveraged the rest. They ruined the company and filed bankruptcy.

Craftsman tools is another example. They had quality products that were dependable. The company was bought by a private equity firm and sent the manufacturing overseas.

People think that when a product is made in China and it is of lesser quality that it is the fault of Chinese companies. The American businesses knowingly agree to lesser quality to make more money. They are NOT insisting the products meet their previous standards.

Look up Private Equity Firms - Lists in Wiki. Take a look at the companies that are owned by PE firms. You would be surprised. Sorry but due to computer issues I can't import the sites for you.

Some PE firms specialize in manufacturing. They buy the company, fire American workers, transfer administrative functions to their structure, and move manufacturing to China. The previous company exists only on paper. Private equity firms are really financial instruments.

[socialist_n_TN]

37. I'd say nationalize their physical plants and.........

give no interest/low interest loans to appropriate unions to reopen the facilities as worker owned co-ops.

[Enthusiast]

58. PLUS ONE! Tariffs!

Big ones. Hell, what are they going to do, quit investing in America? They already did that.

[patrice]

73. That would be best, because it would then create room in the market for competitors

to produce comparable products for less.

[66 dmhlt]

52. Shorter Corporate message:

[TxVietVet]

83. I love it. I'll bet it would get their panties all wadded up.

[proud patriot]

66. good quote

[liberalmike27]

76. Um...

Is he anti-business, or is he pro-people, you know, the real kind of people.

When they say stuff like that it makes me think bizarro rhetoric. Republicans have absolutely take to saying exactly the opposite of the truth.

Hey, I hear FOX isn't going into Canada because they wouldn't allow them to lie on the news shows. Now that's a fine how do you do.

[babylonsister]

2. They're still not making enough money, are they. I agree, Hissy,

disgusting. And is that a threat? :grr:

told the Financial Times that manufacturers like 3M may have to shift production to other countries in order to stay competitive.

[Liberal Veteran]

3. Fine. Then let's withdraw from GATT and NAFTA.

And see how profitable it is to do business in the US when you can't bring the products of slave labor across our border.

[loudsue]

22. NAFTA and GATT are PROOF that the citizens of this country have no say.

If there was a poll taken, I assure you that a HUGE majority of Americans would say we should get the hell out of those two agreements. We've been so royally screwed by them ever since they went into effect.

I would venture to guess that a HUGE majority of Americans would also say that any company that sends jobs overseas should NOT have ANY tax breaks here in America. In fact, THAT was really what Obama ran on, and won with stunning majorities.

Democracy? A country run by majority rule? Pfft.

[howmad1]

33. Are you kidding?

Ask any American what GATT and NAFTA are all about and they'll look at you as some kind of nutjob. Ask them about the Chinese crap they buy from Walmart and they'll tell you about how much money their saving. Ask them about the latest travails of Charlie Sheen and they'll spend an hour or so giving their opinion. Apparently you don't seem to realize we live in the dumbest country on the planet.

[lastone]

43. better stated - - loudsue

may have added, if the america people only knew what these trade agreements have done to decimate the middle class, instead of having intimate knowledge of lindsey lohans every move, they would have demanded they be ended. As it is - who cares, we have two and a half men to watch, then there is tmz to catch me up on my celebrity sightings - look over there it's matthew mconaughey on a beach without a shirt HOT!

off subject but on point, did you know that you can remove stations from your tv, as in never have to even see them as you knowingly jump over them. faux news is not available in my house anymore - not even by mistake!

[upi402]

54. WINNER!

I declare that post an absolute truth! (fwiw) :toast:

[TxVietVet]

81. Most Americans were against those agreements.

They allowed no in put from us to stop the action they were paid to do by their corporate bribers. Most of Congress will be full-fledge kochwhores soon.


"We've got the best democracy money can buy." Bigbux Doug

[lonestarnot]

4. Welp they're helping America out!

Outta her treasury, labor and resources, then out of her own ass! Ship their shit to Mexico with their bloodsucking families. Then tariff the fuck outta their crap coming back in so we can make a dime! See how they like living there!

[TxVietVet]

6. I've listened to conservanazis complain this way for years..

It's the biggest pile a crap and lies. In Wisconsin, most of the big corporations hid behind subsidiaries, not paying their fair share of taxes, complaining about regulation, workers' comp laws, workers' right, taxes (they didn't pay) just to squeeze the taxpayers and home owners until they can't hardly give anymore.

When does it end?

[Liberal Veteran]

8. The more we give, the more they take.

Fuck them. And revoke their charter.

[nebenaube]

15. Look at this...

http://kristenemery.com/2011/02/23/does-governor-scott-walker-have-a-smoking-gun-buried-in-the-budget-bill/

[Hissyspit]

19. See, I just don't understand what they CEOs and governors are dealing with don't ya know?

I should just trust them when they say this shit. They get paid the big bucks to know this stuff (not to conspire, uh unh):

"On to Page Three of Governor Walker’s Budget Bill, third paragraph from the top, there is very interesting language that leads to the very important question for Governor Walker. The paragraph mandates that a study of the existing Wisconsin Retirement System be performed and it must “specifically address establishing a defined contribution plan as an option for WRS participating employees” and the deadline for completing this study is June 30, 2012. I don’t think that Walker would be adding retirement benefits for workers - so I am wondering if the Republican Governors that are trying to get rid of collective bargaining of retirement benefits, so that they can terminate the existing plans and recover excess assets for their state balance sheets.

If Governor Walker’s bill passes, and collective bargaining of retirement benefits is eliminated, then next year Governor Walker can decide it is in Wisconsin’s best interests to get rid of the existing plan and replace it with something less valuable for the employees. And the employees would have no say and no one can keep Walker from raiding your retirement savings.

Again, hard-working Americans are getting the short end of the stick."

[JDPriestly]

70. Very interesting thought about the retirement funds in Wisconsin.

Many a company has been purchased simply because it had surplus retirement funds.

This makes more sense than anything else I have heard about Walker's motivations in Wisconsin. But of course that depends on whether the retirement funds really have a surplus.

[TBF]

17. It ends when we stop pretending that capitalism is a good system .

It is inherently unequal by definition, rewards only greed and malfeasance, and yet we cling and refer to it as an "american dream". For 99% of the country, if we're honest, it's more of a nightmare.

[truebrit71]

34. BINGO! Pay attention folks, this is the right answer...

...

[socialist_n_TN]

38. Yes it is.............

It's actually the ONLY answer that will save all of us, INCLUDING the capitalists.

[TBF]

44. That's right - the planet as well.

They are destroying everything in their path like homicidal maniacs.

[socialist_n_TN]

57. Solidarity sister!..........

:fistbump: You know exactly what I mean!

[HughBeaumont]

7. "Stay Competitive" = "Not pay my workers, but pay ME a lottery"

Because you can't spell "Competitive" without an "I" and a "ME".

Obama couldn't be any more business friendly if his name was George W Bush. Maybe this will finally make him see that pleasing shitbags like George Buckley really isn't worth it in the long run. They'll still call you a commie or worse no matter HOW much you do for them.

"competitive" . . . sell that tired bullshit to the faux "news" slobberers, George.

[katnapped]

9. All about shifting the narrative

Further to the RIGHT.

Obama could trend as far right as the nuttiest teabagger and they'd still call him a leftist socialist commie. Which is why he never should've played their game in the first place (unless, like many are thinking, he's A-OK with it)

[Hissyspit]

12. I understand what is going on.

Makes it no less hypocritical, anti-American and deplorable.

[sulphurdunn]

63. Being a Democrat means

Wall Street buys you and gets to kick you around too, because the Republicans are their wives and the Democrats are just their whores.

[blueclown]

10. How much did 3M pay in corporate taxes this past year? n/t

[Dont_Bogart_the_Pretzel]

18. Not enough n/t

[Hissyspit]

24. Here:

http://www.stock-analysis-on.net/NYSE/Company/3M-Co/Analysis/Income-Taxes

Currently Payable (not including Deferred): Dec. 2010 - 1,706 million, Dec. 2009 - 687 million, Dec. 2007 - 1,953 million, Dec. 2006 - 2,039

http://www.nytimes.com/2010/10/29/business/29mmm.html

2010: "3M posted a third-quarter profit of $1.1 billion, or $1.53 a share, up from $971 million, or $1.35 a share, a year earlier."

[FreakinDJ]

26. So 3M paid roughly a 1% Tax rate

Nice

[Hissyspit]

27. G.E. most egregious historically. Exxon Mobil pretty bad.

[FreakinDJ]

30. Using TeaFarty logic - they should be envious of Corporations not Unions

[former9thward]

41. Where do you get 1%?

3 M's profit last year was 4.1 billion and if they paid 1.7 billion in taxes that would be a rate of 41.5%.

[Canuckistanian]

11. What exactly did Obama do that is anti-business?

This is the most corporate-friendly administration ever. Obama meets with them regularly, appoints them to important positions and hasn't raised their taxes by a dime.

What MORE do they WANT?

[Hissyspit]

13. Buckley is a liar.

He knows he is a liar.

"Over the past year, 3M has been on an M&A spree, spending nearly US$2.5-billion on nearly a dozen acquisitions."

[Sal Minella]

21. They want U.S. workers to work for twelve cents an hour,

hundred-hour weeks with no benefits, no voice, no potty-breaks.

Why do you ask? (what more do they want)

[FreakinDJ]

14. This is why we need to Re-think Free Trade and Tax Policy NOW

There is ample proof contained within the Trade and Tax policies in countries that have a robust manufacturing sector as to why this is AMERICA'S EPIC FAIL

When manufacturers can threaten the Pres. of the United States with moving their manufacturing facilities off shore while reaping the rewards of doing business within the borders of the United States, the largest consumer nation on the planet, we have some major policy issues

[lonestarnot]

20. It's been rethought, what we need now is action for repeal, a beatdown!

[Major Hogwash]

16. Half of Obama's cabinet came FROM Wall street, Buckley you fucked up the ass moran!!!

Seriously, are they going to report this kind of shit for the next 20 months?

"He wasn't born in the US."
"He's a Muslim."
"He's anti-business."


I want to vote again for Obama right now!

[theothersnippywshrub]

23. Profits over patriotism. How very Republican. n/t

[jpak]

25. Tell that to GM and Chrysler dumbass

idiot

[snagglepuss]

28. This is could be nothing but smoke and mirrors to create the illusion that

Obama hasn't caved to Big Money.

[chill_wind]

29. Imagine if we hadn't passed a bailout with no strings

by GOphers and Wall Street Dems in the first place. Imagine if the admin and all its advisory boards hadn't been stacked to the gills with these pro corporate Wall Street types and their pals, despite who and what they were and had been for years. Imagine, instead, if there had been real investigations into fraud and abuse of the plunderers of the last 10+ years and imagine if some real bastards were in jail by now and they knew we were coming for more of them. Imagine that we stopped rewarding them and their families by pondering ways to make the elderly work even longer to support them and their offspring and their tax cuts while facing prospects of diminishing vital safety net programs. Imagine if we dried up the rivers of milk and honey for the fattest war profiteers among them and they had to try find another way to bleed us all dry. They can't and don't imagine any of that, and for good reason. We can expect the arrogance and plundering to continue.

[FreakinDJ]

31. There would be no Foreclosure Crisis for Wealthy Elites to profit from

[Shagbark Hickory]

32. 3M stock is thru the roof & the corrupt as hell national replacement of street signs mandate

is nothing but good news for 3M. And the executives also got their personal tax breaks.
As I see it they have done quite well under Obama.
George Buckley needs to STFU.

[Bake]

36. That's fine. Just don't expect us to buy your shit.

NO more post-its for me! freakin' asshole.

BAke

[JuniperLea]

39. He's a corporate tool! He's anti-business!

Honest to fucking god it's hard to keep up.

[TheKentuckian]

59. You don't have a great grasp at what kind of folks we are dealing with

Painting Obama as anti-business no matter how pro-business he is has no downside for them. Making Obama into Castro means the envelope on the right keeps on expanding which means more resources for the Robber Barron types.

They want it all, every scrap of copper. There is no such thing as enough and no position too dishonest or extreme. They do not compromise and will never, ever give up.

[toddwv]

40. Trash like them won't be happy until the avg American is pulling a $20.00 a week "salary".

with no benefits.

[CLANG]

45. WHAAAH! What's in it for us!! WHAAAAHHHH!!!!

[mrarundale]

46. Or better yet, get rid of corporations

I'm serious. they are greed personified and the root of most of the problems in the world right now.

[katty]

47. difficult?! it couldn't be easier here- America has been your

faithful whore, bolstered by the greedy pimps on Wall St & D.C. called "lawmakers". Pay up and stop bitching about it.

[Amonester]

48. I'd be just curious to know how much of the mofo's total robbery...

uh... total compensation of $12,182,410 went STRAIGHT into a few politician's pockets, mmmm?


Any guillotines on sale, anyone?

[SusanaMontana41]

49. Let the president know? He didn't get the memos. ANY of them. Thanks. n/t

[Kurovski]

50. You...have got...to be kidding.

They won't be happy until everyone is a slave, and all those who can't contributr are euthanised.

Okay, I'm exagerating. but the shit has gotten way out of hand.

And poor & middle class repubs will believe it. Righty Dems, too.

[WhoIsNumberNone]

51. Fine asshole- Take your corporation somewhere that's more business-friendly...

... If there is such a place- And don't let the door hit you on the ass on the way out. You won't be missed. It's not like you're paying any taxes anyway.

[upi402]

53. LOL +1,000

:kick:

[onethatcares]

55. so he's fine with single payer healthcare which both of

those countries have.

Or he thinks the tax structure in Canada that provides for university and healthcare is just fine.

Seems to me, he's a dumb ass that really just wants to kill our country.

[Stinky The Clown]

56. K&R!!! Righteous rant, my friend! Righteous rant, indeed.

The irony is, some of us on the left see Obama as far to PRO business . . . to the detriment of us little guys.

[DearAbby]

60. tax them 'til their dicks fall off now, PLEASE???

You own me a monitor

[NeoConsSuck]

61. A group effort here, with Jack Welch reporting in...

Obama Move to the Center is All Talk So Far: Welch

President Obama's attempts to move to the political center have been more cosmetic than concrete, author and former General Electric CEO Jack Welch told CNBC.



Speaking as the president tries to find common ground with the new Republican-led House of Representatives, Welch said the supposed shift from the president's liberal base hasn't amounted to much as far as policy is concerned.

"The tack to the center is verbal, it's not actionable," he said.

As an example, he cited Obama's move last month that permitted employees of the Transportation Security Administration to unionize. The directive has come under criticism as further evidence of the president's anti-business position and a further placation of organized labor.

"Let's hope he's moving to the center," Welch said. "But from what I see-unionizing 43,000 TSA workers on a Friday and giving a speech (to the US Chamber of Commerce) Monday morning-show me the money."

http://finance.yahoo.com/news/Obama-Move-to-the-Center-is-cnbc-4225867693.html?x=0&sec=topStories&pos=8&asset=&ccode=

[Lucian]

62. I'm sure Mr. Buckley is giving us his "shared sacrifice"

in these tough economic times...oh, wait, no he's not. He doesn't have to.

So how is Obama anti-business?

[Loki]

64. Give me a fucking break.

Mr. Buckley I hope you find a country without extradition treaties when the revolution comes.

[Lorien]

65. "He is anti-business" is used just like "The liberal media"; repeat a lie often enough

and the people accept your lie, which gives you permission to move the media to the extreme Right and gives Obama permission to work ONLY for business while doing fuck all for the poor and working classes.

[grahamhgreen]

67. I hope Obama gets the clue - they will bury him in 2012. Tax the hoarders, out of Iraqistan, HCR.

[OwnedByFerrets]

68. How about you get the FUCK out of America you asshat

:mad:

[hulka38]

69. Hopefully the President

can turn their contempt for him into well earned hatred and rally the nation behind him.

[Overseas]

71. K&R! Yes Please! //nt

[James48]

72. In 2009, Buckley got $14,935,793 in total compensation.

In 2009, George W. Buckley received $14,935,793 in total compensation. By comparison, the average worker made $32,048 in 2009. George W. Buckley made 466 times the average worker's pay.


AFL-CIO Executive Pay Watch:

http://www.aflcio.org/corporatewatch/paywatch/ceou/database.cfm?tkr=3M&pg=1&CFID=112981286&CFTOKEN=76378442

[patrice]

74. Well golly, I guess then practically everyone else is just wrong about Obama, then, even those who

voted for him and have since come to regret that fact.

:sarcasm:

[Tripod]

77. What to say, that hasn't been said. SHIT!

[Vinee]

78. Is it time to place steep tariffs on imports yet?

or will that still make things worse? we're so fucked.

[CBHagman]

79. Corporations get tens of billions of tax breaks...

...but of course it's (fill in scapegoat of your choice) who is the problem. :eyes:

[Hissyspit]

80. Study: 2/3s of U.S. Corporations Pay No Taxes

http://www.cbsnews.com/stories/2008/08/12/national/main4342535.shtml

WASHINGTON, Aug. 12, 2008
Most Companies Pay No Federal Income Tax

GAO Study Also Finds 68% Of Foreign Companies In U.S. Avoid Corporate Taxes

(AP) Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress.

The study by the Government Accountability Office, expected to be released Tuesday, said about 68 percent of foreign companies doing business in the U.S. avoided corporate taxes over the same period.

Collectively, the companies reported trillions of dollars in sales, according to GAO's estimate.

"It's shameful that so many corporations make big profits and pay nothing to support our country," said Sen. Byron Dorgan, D-N.D., who asked for the GAO study with Sen. Carl Levin, D-Mich.

[NICO9000]

82. This makes me glad that I've swiped numerous Post-It notes from jobs over the decades!

3M: just another pig company I will try my best to boycott. Hissy, I love your title for this thread - says it all!

:yourock:

[Hissyspit]

85. I was afraid it would get locked as a bodily functions thread.

:)

[bertman]

84. Yes, we can tax them til their dicks fall off.

[Initech]

86. These CEO salaries are fucking ridiculous.