Indeed. Whether it's the old heads like Alfaromeo and Karnak, or their (wink wink) reincarnations like Bender and the Tool, the arrogance and narcissism always comes through. I guess that DALPA "special committee" has just got to stay busy somehow.

Carl

 

Exactly, oh wise one. We can talk about it, but only outside of section 6.

 

You're the king of narcissism. Are you posting here on your other company's time?

 

Denny,

No it wasn't compensation for past sacrifices. It was the best we could do for future compensation based on a very weak hand we were dealt post-bankruptcy. We would've opted for fixed pay increases if we would have had the negotiating leverage.

I understand you value the insurance as a "bonus". Nothing wrong with that. What that insurance is worth is the question. The value changes with the business cycle. Are you willing to pay the premium when risk changes? That is the question.

Profit sharing is a tool in which its value changes in the business cycle. We should look to monetize when its value is high and likely to be lower in the future. We can initiate it when its value is low and likely to increase in the future. It isn't good or bad. I'm saying I think it is a good time to capture value and reduce risk.

 

Well now were cookin'. One of the original Poo Monkeys.

 

There are no "appearances" in pay rates. They are either higher, lower or equal.

Twice in the same paragraph, you tie pay rates to profit sharing. The members don't want that. What you wrote below doesn't wash with what you wrote above.

Contradicting yourself in the same post doesn't help.

Carl

 

Nobody can make that claim. Successful investing over a lifetime is a very difficult thing. I know people who Wall Street would consider "unsophisticated" that did extremely well, and very well educated economists that lost their shirts. There are no guarantees in investing...I don't care who you are.

Carl

 

Carl, you're boring, tired and predictable. I have zero interest in debating you.

 

Do you think doing it inside section 6 is a wise move?

 

MD has said it over and over. "We hear you and you don't want to reduce or trade profit sharing".

The survey has spoken.

Maybe 2018.