Category Archives: cuz I’m on a roll

AT&T: Hands Off My Earned Leave!

You heard me Ma Bell.  You too Mellon Bank

BACKGROUND

This is going to be brief, but here’s the gist of it:

  • the company I worked for went into Bankruptcy
  • from the beginning we were assured that wages and accrued Paid Time Off (PTO) would be paid
    • THIS WAS CRITICAL because if 15,000 people started using up the PTO they had accrued, the entire company would have fallen apart before it could have been pieced-out and sold-off
    • it was also policy to pay out PTO if you left the company; there was no “use it or lose it”
  • now the Committee of Unsecured Creditors has objected to the PTO payout, calling them “golden handshakes” and bonuses
  • … nothing could be further from the truth — those who accrued the most hours are those who worked the hardest for the company, and for the creditors during this bancruptcy period — people who put off vacations and time off to BILL HOURS to clients which is the sole source of revenue for the company.  It’s painfully ironic that those who worked hardest are positioned to lose the most…
  • for the record, I wasn’t one of those working the hardest — I used 101% of my annual PTO last calendar year; and I still had over 90 hours in the bank when I left…

Many of my colleagues are writing to the judge to explain their position and situation — that’s all well and good, but there seems to be a very real chance that the judge could find legal reasons to support the objection.  Changing that one man’s mind seems like a slim chance to me…

It’s getting a little late in the process, but it just occurred to me that maybe we can find support in the employees of the Committee members, or in their customers.  Do you want to work for, or give your consumer dollars to, a company that demonstrates such disrespect forhard working employees and their families?  Especially in the middle of a recession?

CALL TO ACTION

  1. If you work for AT&T, tell management that you are aware of this situation and you think it’s a shame.  Feel free to email your corporate lawyers at James.Grudus@att.com (full address below).Mellon employees and customers:  same thing, and Mellon’s lawyer is at david.m.kerr@bnymellon.com

  2. If you agree that this is wrong and want to spread the word:
    LINK TO THIS POST; blog about it, email the link, etc.
    TWEET it — I don’t get fully get twitter, but have at it.
    Visit SaveMyPTO.com for more viewpoints and updates
    If you are a lawyer or legal buff, the case dockets are at BearingPointInfo.com
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Filed under angry, cathartic, corporate rebellion, cuz I'm on a roll, damn lies, debunking, desperate, if you aren't outraged you aren't paying attention, money money money money, property rights, rant, sad

Hillary on subprime ‘crisis’: “everybody bears some responsibility”

on Meet the Press:

MR. RUSSERT: But, Senator, many people opted for those cheaper mortgages. They could’ve had a fixed mortgage at a higher rate, but they opted for a cheaper one. Should they not bear some responsibility?

SEN. CLINTON: Well, Tim, I think all of us should[1]. But I’d say three things about that. The bankers, the mortgage lenders, the brokers, all bear a lot of the responsibility, because many of the practices that were followed were just downright predatory and fraudulent. There is no doubt about that[2]. I started talking about this last March. A lot of people got into subprime loans who frankly could’ve been in a conventional fixed-rate loan. They were basically told that this was a better opportunity for them. Should they take responsibility? Yes, but [3] look at what will happen if we continue this cascade of foreclosures. Housing values are down. They’re down 6 percent[4]. That’s over $1.3 trillion in housing values in the last year. So everybody bears some responsibility[5].

[1] I, for one, bear no responsibility for any part of the subprime mortgage crisis, and I call shenanigans on Hillary Clinton for implying that I do.  If anyone can prove otherwise, have at it.

[2] I think there is plenty of doubt in her claim that practices were predatory and fraudulent; sure, some may have been predatory, and some fraudulent, but I doubt that many were both.  If they were fraudulent, borrowers should have no problem demonstrating as much and get back their losses plus damages.

[3] this “yes, but” clause is mixing issues; the state of nationwide housing values has no bearing on personal responsibility.  Should I stop paying my car loan because the price of gas is over $3?  Right.

[4] housing was a bubble anyhow, and the dramatic drops are more a function of that bubble than of 0.3% of houses being foreclosed (not that the foreclosures help the situation).

[5] Again, I refute this claim on it’s face, and object to any responsibility that Hillary is trying to project on me or my family.  It doesn’t take a village to screw up a home loan.

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Filed under angry, cuz I'm on a roll, damn lies, dumbfounded, finance, lies, politics, rant, shenanigans

New Year, New Fears

Several months ago, I asked the question that named this blog — to Name Your Fear.  The answers in the comments were not entirely surprising:

  • failure
  • marsupials
  • our future
  • preparing our children for their future
  • “my mom” (not mine, for the record)

With the new year, and maybe a few new readers, I pose the question again — what do you fear?

And maybe a follow-up:  Any fears assuaged in 2007? 

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Filed under cathartic, cuz I'm on a roll

wisdom of Yoda, Bruce Lee

A master martial artist asked Bruce Lee to teach him everything Bruce knew about martial arts. Bruce held up two cups, both filled with liquid.

“The first cup,” said Bruce, “represents all of your knowledge about martial arts. The second cup represents all of my knowledge about martial arts. If you want to fill your cup with my knowledge, you must first empty your cup of your knowledge.”

Or as Yoda would say: “Unlearning nonsense is as valuable as learning the truth…”

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Filed under boogie woogie, cuz I'm on a roll, homies

most libertarian sport?

from a thread on reason’s Hit and Run, initially about Michael Vick, but “Matt J” answered the question:

interesting question. What is the most libertarian sport?

Hockey maybe? Most of the rules are predicated on protecting the individual, it’s largely self policed and it’s seen as a fringe sport only a few die-hard nuts care about.

sure, I’d buy that.

[update] I just realized another way their similar — American’s could care less.  Neither the NHL nor Libertarians get any exposure on TV, and both are ridiculed as being 3rd or 4th tier in their respective fields (professional sports and political parties, respectively).

On the flip side, hockey fans and libertarians tend to be die-hard, unaware or unfazed by the fact that they’re pulling for an underdog and the dull majority will just keep pulling the lever for the NFL/NBA…  Republicans/Democrats.  All they have to comfort them is the delusion of moral superiority.  Yes, hockey fans feel moral superiority, believe it or not.  It is, after all, the fastest game on ice.  Libertarianism?  Not so much, but for whatever reason the smugness remains.

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Filed under cuz I'm on a roll, desperate, dumbfounded, hockey, I believe that hockey is our future, libertarian, rant, whatever