Thursday, April 29, 2010

TOO BIG TO TRUST : BIGGER IS NOT BETTER


The news is filled with stories about the misdeeds of major corporations. Banks and Investment Companies tricking their customers and profiting from the near collapse of the US economy,Hi Tech giants conspiring to fix employee salaries and limit employees' ability to seek jobs within the industry,Car manufactures failing to promptly notify the public and government about dangerous safety issues,Drug companies promoting the "unapproved use" of prescription medications,Medical device makers conniving Physicians to use their products for untested and unsafe uses,Energy Companies operating coal mines without using best efforts to prevent accidents (people really died here),major oil company operating an offshore oil drilling platform without ALL the safety features that could have been used (More dead here),the list goes on and on. It seems that almost every day a new case of Corporate Irresponsibility is in the news. Why is this? Do the companies not have the money to do business the right way? Well, many of these companies are leaders in their industries and have reported record breaking net profits. Or maybe they would like to blame the unions,that's their favorite target to blame their corporate failings on.Just like they used to blame the female victim in rape cases, " they were asking for it...".Or, as certain Republicans and so called Tea-Partiers claim its because the government is too big and there are too many regulations.

Well, here are the answers. These accidents,rip-offs,disregard for the lives of customers and employees is the direct result of nearly a decade of De-regulation,government lack of enforcement, legislative collusion and virtual destruction of the American labor movement because the Corporations have become too big, have too much money and way too much influence on the governments Federal,State and Local.

How many times have we heard," the Private sector can handle things the government is incompetent. To that I say, well, how's that working out for you?

Companies,like humans, need a moral compass, otherwise they start acting like sociopaths. They have no compunction about violating ethical standards,laws or hurting people.In fact, they will stand before Congress,The courts and the Press and insist that they "have done nothing wrong and violated NO laws..." perhaps we'll soon hear them say " I was just following orders...make profits".

Monday, April 26, 2010

Mega Companies Conspire Against Employees

As every one's attention is directed towards the alleged misdeeds of Wall Street,a newly revealed scandal is brewing at major corporations in the Hi-Tech and Oil sectors. Companies including Google, Microsoft,Exxon/Mobil, Royal Dutch Shell and BP (British Petroleum) have been colluding with each other to fix the salaries of white collar workers,managers and executives. In the Hi Tech sector they have been accused of agreeing not to higher each other's employees. In the April 26 issue of the Wall Street Journal,it was revealed that the FTC (Federal Trade Commission) has been investigating the Oil Companies for two years.In fact there have even been out of court settlements with a number of employees. The problem with settlements is that the true facts never reach the light of day. Sure, those that bring suit are compensated, but what about the employees who haven't brought suit?Perhaps, the courts should open those agreements to the public, so we can see what these corporate miscreants have been up to.

And, is this behavior limited to Hi-Tech and Oil? What about our friends in Banking,Wall Street,Transportation (Auto Industry,Airlines et al),Big Pharma, Hospitals,and Retail to name a few. I suggest that this is the result of years of lax enforcement under prior administrations and a general Anti-Worker sentiment among large corporations. To this day, even after billions in bail-outs GM and Chrysler blame their problems on the workers and their unions and the wage and benefit agreements that they made with them.In fact, the some companies are still looking for more wage and benefit rollbacks from their employees.

We have plenty of laws against collusion such as the venerable Sherman Anti-Trust act and prohibitions against interlocking corporate directorates. It is time to take these companies to task,in the light of day. Let's make them live up to their lofty claims such as, "Do No Evil,and "Our employees are our most important asset."

Wednesday, February 10, 2010

Toyota to America: "F" You

They smile, they bow, they scrape, they issue half-hearted apologies ; but the Toyota Motor Corporation, its officers and employees are guilty ( in my belief) of negligently reckless homicide and should be criminally charged. They knew for over a year, that it was not a problem with floor mats or that Americans were too incompetent or ignorant to install the mats correctly, but a design/manufacturing flaw in their widely sold automobiles. People died, that's right they died just as if the feckless executives in Toyota City has pulled out a gun and shot them. Even the Wall Street Journal, typically the staunch supporter of "Big Corporations" carried a fairly critical article about Toyota's actions. (Wall Street Journal Feb. 10, 2010).

We must call on the Attorneys General of the States where the deaths occurred and the States where Toyota produced these "deathmobiles" to begin the process to indict both the company and officers of Toyota, not only here but those officers living in Japan. Civil suits and fines from the government are not enough. The word must go out that corporations cannot continue killing their customers.

They wrote that the atmosphere of secrecy of Toyota and communications breakdowns between the US unit and the home office in Japan were partially to blame. To this lame excuse, the answer should and must be, BULL! Perhaps if they had only one American as an executive at the home office in Japan he or she might have raised the alarm as fellow Americans were dying in their vehicles. But, no, the Japanese once again show their contempt for Americans and their abilities. No American is "worthy" of being at the top in Japan. Even though, the US represents their largest customer. There was another time in history about sixty years ago when the Japanese underestimated the intelligence, skill,bravery and anger of the American people; we all know the terrible price Japan paid for that error in judgement.

The WSJ article in today's issue does a great job in giving the history and time line of this "recall" issue. All of those who care about the deaths of Innocent customers should read it.Here is a link to the story: http://online.wsj.com/public/page/news-business-us.html


Toyota had several meetings with officials from the US National Highway Traffic and Safety Commission (NHTSA). NHTSA implored them to get moving on recognizing and correcting the problems. The role of the NHTSA in this debacle needs some investigating too. They went too easy, accepted too much footdragging and were too politically correct. It was only after the NHTSA threatened the ultimate sanction of ordering Toyota to cease selling its cars, that TMC "voluntarily" shut down production to concentrate 100 percent on the vehicles already out there.

Now come the weak apologies, complete with a TV Commercial touting the 50 year history of Toyota in America and their care and concern for their customers. Where was that care and concern for Americans dying in the cars designed, built and distributed by this automotive giant?

The real issue here is an unpleasant truth, the hubris of large corporations that put the desire for profit and growth above the very lives of their customers. It reminds one of a case from years ago (one we hoped would not be repeated) involving the Ford Motor Company. The issue here was a defect in the design and construction of the gas tank in the Ford Pinto. If the Pinto was hit from behind, with sufficient force,the hapless passengers died a fiery death from the explosion of the gasoline. Through the American legal process, attorneys for the families and survivors, found out that Ford knew of the problem for some time and made the conscious decision to DO NOTHING in order to save a few dollars in the production of the vehicle. Ford Motor Company has never fully recovered from that crime.

There are many cases now pending in the civil courts of America against Toyota, let us prevail upon those juries to award vast sums to the estates of those that perished. You can't make an entity feel bad but you can cripple it with massive punitive awards.

Let us hope that we can reach out to the Japanese people and government to assist us in the investigation and prosecution of the people responsible for these recent deaths. The families of those that died at the hands of the corporate executives deserve nothing less.