MrFedEx
Engorged Member
Just a little reminder here of what a "swell" fellow Mr Smith is, and how much both he and FedEx care for you. This is mainly for new members, because I've mentioned most of this on the BC before.
Fred started FedEx with his $4 million dollar inheritance in conjunction with a number of other investors. At the time, it was the largest venture capital project ever. So for those of you that think Fred is self-made...he's not. In today's dollars that $4 million would be the equivalent of $21 million. Unfortunately, Fred needed more money, so he took it from the inheritance(s) of 2 of his sisters...without their knowledge. Oops. I'm guessing he wouldn't want that to get out.
During the early years of Federal Express, a drunken Smith hit and killed a Memphis pedestrian with his vehicle. Because Memphis has nothing else going for it except Elvis, Smith walks. Uh-oh...
Smith was convicted of insider trading a few years ago and paid some hefty penalties...hmmmm.
Fred publicly proclaims that FedEx is "not anti-union in any way", but he has paid-out millions in contributions to anti-union politicians and jets them all over the world on the FedEx corporate jet fleet and continues to do so. Rush Limbaugh thinks it's OK, so it must be all right. Right?
While at Yale, Smith was a member of the exclusive "Skull and Bones". Let's see, what other famous politicians might be friendly with Fred and do him favors? Bush, Kerry....and many more. Hmmm again.
Smith is what is known as a "Ranger" in the Republican party. This means he belongs to an elite group of fund-raisers that have special rights and privileges in Washington, DC. Is it any wonder that FedEx was the exclusive carrier of the Bush administration? I wonder if most Republicans tend to see things Smiths way?
Fred is closely allied with John McCain, and was mentioned as a possible Cabinet choice if McCain had won the election.
There's more, but here's my main point. Fred S is a spoiled rich kid who has led a more or less charmed life. He is conservative to the core, and hates anything to do with unions, workers rights, or fair play. He is an elitist snob that has recieved special treatment for 36 years in the form of a gift called the RLA Exemption, which has given Fred an unfair competitive advantage and allowed him to pocket hundreds of millions in windfall profits. He sees his employees as units of production, and nothing else. Isn't it about time Fred S sees a bit of his privilege denied? Whatever happened to the concept of fair and open competition in this country? We shouldn't have "special" citizens like Smith who openly threaten lawmakers with the loss of their office should they dare to vote against him? JMO...
Fred started FedEx with his $4 million dollar inheritance in conjunction with a number of other investors. At the time, it was the largest venture capital project ever. So for those of you that think Fred is self-made...he's not. In today's dollars that $4 million would be the equivalent of $21 million. Unfortunately, Fred needed more money, so he took it from the inheritance(s) of 2 of his sisters...without their knowledge. Oops. I'm guessing he wouldn't want that to get out.
During the early years of Federal Express, a drunken Smith hit and killed a Memphis pedestrian with his vehicle. Because Memphis has nothing else going for it except Elvis, Smith walks. Uh-oh...
Smith was convicted of insider trading a few years ago and paid some hefty penalties...hmmmm.
Fred publicly proclaims that FedEx is "not anti-union in any way", but he has paid-out millions in contributions to anti-union politicians and jets them all over the world on the FedEx corporate jet fleet and continues to do so. Rush Limbaugh thinks it's OK, so it must be all right. Right?
While at Yale, Smith was a member of the exclusive "Skull and Bones". Let's see, what other famous politicians might be friendly with Fred and do him favors? Bush, Kerry....and many more. Hmmm again.
Smith is what is known as a "Ranger" in the Republican party. This means he belongs to an elite group of fund-raisers that have special rights and privileges in Washington, DC. Is it any wonder that FedEx was the exclusive carrier of the Bush administration? I wonder if most Republicans tend to see things Smiths way?
Fred is closely allied with John McCain, and was mentioned as a possible Cabinet choice if McCain had won the election.
There's more, but here's my main point. Fred S is a spoiled rich kid who has led a more or less charmed life. He is conservative to the core, and hates anything to do with unions, workers rights, or fair play. He is an elitist snob that has recieved special treatment for 36 years in the form of a gift called the RLA Exemption, which has given Fred an unfair competitive advantage and allowed him to pocket hundreds of millions in windfall profits. He sees his employees as units of production, and nothing else. Isn't it about time Fred S sees a bit of his privilege denied? Whatever happened to the concept of fair and open competition in this country? We shouldn't have "special" citizens like Smith who openly threaten lawmakers with the loss of their office should they dare to vote against him? JMO...
