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Comment Re:So, the other side? (Score 1) 422

Not at all.

The point is not in this. I could've used their income easily. The point is that the inequality is so crazy. What do you think is the combined net worth of the poorest one billion people? Do you think it is less, equal or more than the top 10 ?

Now remember that by numbers, we are comparing 10 people to the combined population of three USAs. Find a justification that would survive five minutes of philosophical debate.

I'm all for income inequality. I like to earn more than other people because I studied, I know my stuff, I can work hard and constantly learn. I like to be rewarded for being good at what I do.

But the rate of inequality is just crazy.

I'm ok with me earning 5 times as much as someone else. I'm also ok with someone better than me earning 5 times as much as I do.

But 500 times? You must be kidding.

Comment Re:cry me a river (Score 1) 422

Stop being silly.

It's pure propaganda to make this about employee law. He could have had taxes overdue or not paid his utility bills, it's absolutely the same thing. He didn't pay a bill that he knew about and it killed his company. Balancing your budget is what the CEO (in bigger companies CFO) job is about. He didn't do his job and now he's trying to put the blame elsewhere.

Comment Re: So, the other side? (Score 1) 422

Depends on what you measure. If you measure economy by the usual statistics, it looks good on paper, absolutely. But if you measure by what people get from it, the picture is much less clear. 15% of our children are below the poverty line. 35% of single mothers and fathers are. That's ashaming for an allegedly rich country.

Comment Re:So, the other side? (Score 2) 422

That is a nice socialist way of saying 'reducing deficit and preventing tax increases that would have hurt the economy'.

You're an imbecile. If their interest would've been to reduce the deficit, there would have been one hundred other ways to do it.

They like to create the impression it's all based on numbers and economy and so on, but it's all bullshit. The reality is that it's a philosophy. Benefits to unemployed people are cut not because it's necessary to save the economy (one bank's bonus payouts is equal to those savings). It's done because of the assumption that unemployed people are lazy and need to be forced more strongly. Basically, all of this is the brain-child of one top CEO, it's even named after him (Harz), and he's a victim to the assumption that everyone in the world is like him. As a CEO he lives in a cut-throat world of ambitious people, so to him everyone who is not successful must be lazy.

There's a lot more in this direction, but the point is that all these failures of the social system that create a lot of misery and poverty were intentionally created in order to protect the profits of international export companies. Note: Profit of companies. Not of people. That is what's wrong with it. If you need to change things to save people, then it's a noble thing to do what is hard to do. But to sacrifice the people for the artificial constructions of economic law is ethically wrong.

Comment Re:cry me a river (Score 1) 422

But here's the point: The loss was far from unexpected. From what I read, it was absolutely clear that he owed the people he layed off a severance package and he simply didn't pay it. They went to court and made him pay. Nothing unexpected there at all. He should have figured these payments into his restructuring plan, expected and budgeted them.

Comment Re:So, the other side? (Score 4, Insightful) 422

A company that employed expensive employees in an extremely employee biased legal framework has now been destroyed and all of those employee are out of work.

The company was not in trouble because of employee laws. All this is the fallout of a "restructuring", which is just the bullshit bingo word for mass layoffs, which in turn were the result of the company being in trouble.

If your attempt to save your troubled company didn't work because you didn't take into account the effects of your actions, then that is 100% your fault. It's not like these are secret laws only told to you after the fact.

employment will work like any other unregulated economy

There is no such thing as an unregulated economy. That's just the bullshit bingo word for "company-friendly regulations".

Comment Re:So, the other side? (Score 4, Insightful) 422

Yes, it is good. Unless you are among the 11% unemployed, or one of the many millions with short term contracts because no one wants to take the risk of offering you a real job.

I call bullshit.

So you think the american system is better, where due to lack of such laws, basically everyone has a short-term contract because if you can fire everyone with little consequences on short notice, that is what you have.

Look, I am one of those "hard working Germans across the Rhine". Our government spent the past 20 years or so slowly dismantling the social systems and employee protections that our fathers and grandfathers had spent and risked their lives establishing (I'm not joking, one of my grandfathers was a union secretary, killed by the Nazis for his efforts).

The result is that maybe on paper unemployment is lower, but several million people spend their days in low-pay (I can't even say "minimum wage", because we freaking don't even have that!), temporary jobs. Literally temporary: They hold contracts saying that on day X, they will be out of a job unless their employer offers them an extension. You don't even have to fire them, how convenient.

As a result, average income has dropped, spending on culture and arts is dropping constantly, life expectancy has stopped to rise despite better medicine, and by some statistics a quarter of the population is in a constant state of insecurity because losing your job can snowball into losing your home and everything else because wages are so low you can't build up reserves.

Sorry, I'd rather live in a world where people around me are not in a constant state of fear and stress.

Comment cry me a river (Score 4, Insightful) 422

I'm beginning to feel disgusted by these cry-baby CEOs and investors.

Look, it's very simple: There are laws of physics. If your product cannot work with the set of laws of physics we have on this planet, then your product doesn't work, end of discussion. You can't cry over not being able to make the flying car of your dreams because gravity is so mean to you.

There are also man-made laws. If your company cannot work with the set of laws valid in your country, then your company doesn't work, period. You can't cry over not being able to make a profit because they are so mean to you.

It's really selfish, stupid and ignorant to enjoy the nice things that laws and regulations give you, like having a civilized country, safety, clean streets, heck streets at all, the ability to make contracts and enforce them (absolutely essential for every business!) and a thousand other things, and then cry that the evil laws make your business impossible. Quite the opposite, you imbecile! The laws make your business possible in the first place. Without them, you wouldn't have a business, and if you tried the first guy with a bigger club would take it away from you.

Comment Re:Love it (Score 2) 321

There's litigation insurance that covers losses on suits the policy holder initiates?

As long as you had a reasonable expectation of winning, yes it does. I have one. They decide beforehand if they're going to cover this case or not (if it's a bullshit case where you don't have a snowballs chance in hell, they don't have to), and after that it doesn't depend on winning or losing anymore.

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