Amen. How dare the wealthy spend their own money on charity!
Amen. How dare the wealthy spend their own money on charity!
It’s part of the same network as the splendid(sarcasm) Jez and Splinter and VSB(yeah they sure are smart to post articles full of expletives), so inevitably some would wonder here and post the same dumb comments over where they come from..
Pretty sure he got his millions by running a successful business. His employees, even if they were underpaid, weren’t slaves, they were free to seek employment elsewhere if they were unhappy.
If being as successful as Hendrick has been is only about paying people less, then everyone working at every auto dealer would be getting minimum wage. Perhaps he’s been able to run a business effectively, which includes growing sales (so more commissions and more cars to repair) and winning championships (which means…
No, by definition they have to be paid less than the value they add in order for the business to be profitable.
No Grey Poupon mention? Pffft.
His ~500 employees are providing more value to the company than they cost. he could easily afford to pay them what they are worth.
It’s good for clicks, gets all the communists nice & riled up that someone can afford to donate money to charity.
How do you know that? You must be one of those guys that thinks that people who start and run companies are just blithering idiots who lucked into it all, while the “underpaid” entry-level employee is somehow carrying the burden of the entire company on their shoulders. That’s silly. He employs salespeople. …
How do you know they’re underpaid? Have you done an in-depth study of the breakdown of the paychecks of everyone he employs and compared them to people working the same jobs under other employers? If you have I commend you, and I’d love to see that data, but I do have a sneaking suspicion you haven’t done this......
That’s how business works. It wouldn’t work if it was the other way around.
Maybe, maybe not. But the charity still got $800k. If anyone has the means to donate $800k, he’s certainly earned a chance to make that $800k back on a $100k investment.
True or not, that’s besides the point of whether or not his ~$1mm purchase/donation is warranted.
What LongBow means is, underpaying is when someone has ‘too much money’ as defined by LongBow. And then not giving most of it to his employees because class envy. LongBow politics 101
Define underpaying.
Tesla discussions crack me up.
Back in my day drifting involved a checkered past, not a checkered flag!
Or he can see a terribly run company with a ceo who just lies and lies to inflate the stock price because dumbasses believe his bullshit?
But Amazon could have made a profit pretty much anytime after the first couple years in operation. Tesla today still can’t.
Right, but at some point, Tesla has to start actually making money at some point. Yeah, people said that 15 years ago because they weren’t making money, and people are gonna keep saying it until it can actually turn a profit.