2016 Postmortem
Related: About this forumLacks Enterprises CEO Threatens Paycut If Employees Vote For Obama
Last week, a letter from the CEO of Lacks Enterprises to his employees came to light. The contents of this letter were quite distressing to the employees. He encouraged his employees to vote against Obama or else they would witness their paychecks being cut.
He cited several reasons for this;
-His decision to pass along health care costs to the employees
-Implied that future bonuses would be cut to pay for additional tax increases
-and It is important that in November you vote to improve your standard of living and that will be through smaller government and less government
What Mr Lacks left out was that the additional tax increases would not need to be paid unless he chose to extract them from the company for CEO bonuses, as taxes are on money not invested into the company. He also seemed to have missed what it is that his company actually does:
Yes, Lacks Enterprises makes automobile parts! Of course, Mr Lacks claims that the auto bailout had nothing to do with his companies 3 years of straight growth, stating We survived because of our business model and the money we have in the bank to survive these downturns.
Lacks Enterprises counts as its customers such entities as General Motors, making trim pieces for vehicles as diverse as the Buick Regal and Chevy Volt. Without the bailout, Lacks Enterprises would have lost a huge portion of its income, and the Volt would never have hit the market without the large government incentive, which paid for Lacks Enterprises development of the components they now supply for the vehicle. They did not survive due to their business model, they would have had no business at all. The US facilities for other companies, such as Mercedes-Benz and BMW, also Lacks Enterprises customers, would have shut down without the bailout as well, cutting off his good fortune.
http://www.addictinginfo.org/2012/10/07/ceo-threatens-paycut/
LeftofObama
(4,243 posts)who his employees voted for? Last I checked your vote is your business and you don't have to tell anyone how you voted.
want peices of garbage like this guy to have less regulation and fewer labor laws to be held to.
If people could understand the truth about Romney, they wouldn't even consider him.
silverweb
(16,402 posts)Last edited Sun Oct 7, 2012, 07:53 PM - Edit history (1)
[font color="navy" face="Verdana"](1) It is illegal to try to coerce another person's vote.
(2) As LeftofObama said, how would he know who an employee votes for, short of personally interviewing each person so he could try to tell if the employee was telling the truth or just saying what he wants to hear?
Angry Dragon
(36,693 posts)GallopingGhost
(2,404 posts)kestrel91316
(51,666 posts)The stoopit is very strong in this one. He obviously flunked Civics 101.
TroyD
(4,551 posts)He may not be able to know for sure how they all voted, but it sure sends a message out to his employees about what may happen if you are overheard saying you voted for Obama.
Cha
(297,285 posts)idiots. I'd vote for Obama just to fuck with them.
Wellstone ruled
(34,661 posts)some Labor Dept action you watch and see. You don't f--- with workers if any of your parts go into a Government contract. This douche bag needs to read the fine print,Taft-Hatley,Davis-Bacon and little Davis-Bacon acts,must be a Willard contributor.
AtomicKitten
(46,585 posts)NCLefty
(3,678 posts)I've already sworn off Papa John's pizza.