Monday, February 2, 2009

STOP THE INSANITY!!!

Something is wrong; we all know it. I'm talking about the world-wide recession. I'm not going to blame fingers at particular individuals, as it's not a cut and dry issue; it's very complex. However, I do have some thoughts I want to get off my chest.

First of all, am I the only one that thinks there is something *phony* about this whole thing? That there's something odd going on here? I can't explain it, or put my finger on it, but something smells very fishy about this whole economic mess.

One thing that really bugs me about this whole mess is companies that are making money (and I mean millions) but their stock prices have taken such a beating that they are laying off thousands of employees. Come on, people. I could understand if you were losing money, and were needing to cut costs in order to try and survive this, but to lay off thousands of people when you made a forty-something-million dollar profit last quarter?? I'm not talking about GM, or Circuit City here. I'm talking about two large companies that have their head offices in Seattle. (I think you know who I'm talking about).

I know that no one has the *right* to a job, but somehow this just stinks, and it seems a really horrible thing to do to your employees when you are making money - and not just barely making a profit. We're talking a lot of money.

I'm sure there is more to this than meets the eye, but this insane panicing seems the wrong thing to do. Keep your cool; things will pick up, but you aren't helping by throwing people out of work. Perhaps you need to do some fine-tuning and rethinking to come up with some new ideas or products (so cutting r&d is not a good way to go). After all, you can't rest on your laurels of the past, but this seems insane.

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