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UPS Discussions
Glad to pay union dues
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<blockquote data-quote="pretzel_man" data-source="post: 607292" data-attributes="member: 927"><p>Blue:</p><p> </p><p>Actually at some level it kinda is like having your pay reduced...</p><p> </p><p>UPS does not make a profit passively. It takes capital (money) and that money comes from investors. People have money invested in this company with a hope of a return. Profit drives that return.</p><p> </p><p>Some of those people have invested money so they can retire. Some for their children's college. Maybe others for a vacation. In any case, those people saw the same investment return a drastic drop in profit year to year.</p><p> </p><p>Do they have a right to complain. Of course not. They knew that investing in a company is risky. If they wanted no risk, they could have put their money in a CD or other safe investment.</p><p> </p><p>Nonetheless, its still painful to see hopes and dreams stalled because of a recession that has reduced profit and investment value considerably.</p><p> </p><p>Don't take that as a complaint.</p><p> </p><p>P-Man</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 607292, member: 927"] Blue: Actually at some level it kinda is like having your pay reduced... UPS does not make a profit passively. It takes capital (money) and that money comes from investors. People have money invested in this company with a hope of a return. Profit drives that return. Some of those people have invested money so they can retire. Some for their children's college. Maybe others for a vacation. In any case, those people saw the same investment return a drastic drop in profit year to year. Do they have a right to complain. Of course not. They knew that investing in a company is risky. If they wanted no risk, they could have put their money in a CD or other safe investment. Nonetheless, its still painful to see hopes and dreams stalled because of a recession that has reduced profit and investment value considerably. Don't take that as a complaint. P-Man [/QUOTE]
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Glad to pay union dues
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