A Letter To Obama

Mr.Lou Pritchet is a former vice president of Procter & Gamble whose career at that company spanned 36 years before his retirement in 1989, and he is the author of the 1995 business book, Stop Paddling & Start Rocking the Boat.

Mr. Pritchett confirmed that he was indeed the author of the much-circulated "open letter." “I did write the 'you scare me' letter. I sent it to the NY Times but they never acknowledged or published it. However, it hit the internet and according to the ‘experts’ has had over 500,000 hits.

The Letter can be read here http://www.afa.net/youscareme.asp

But again The media is not biased just silent when convenient.

Bill S.

You scare me because you want to kill the American capitalist goose that lays the golden egg which provides the highest standard of living in the world.

...and bingo was his name oh.

I just wonder what kind of a golden parachute Lou is rideing on? I guess from a ceo`s view point he does have a high standard of living, maybe he should leave his estate once in awhile & see how non-ceo`s live. Not to say I have anything against him, never even heard of him before but the man has selective memory loss. There hasn`t been a Pres. with military experience for quite some time now. Unless you want to count the Texas air national guard where a Gov,s son would get no special treatment & his records would some how be lost. Then again Dick should get some military credit for having to been able to get 5 deferments to stay out.

samhill wrote:I just wonder what kind of a golden parachute Lou is rideing on?

What ever it is well worth it as he's provided a nice parachute to probably tens of thousands if not hundreds of thousands of average people, there's a massive P&G plant near here and they still have really good jobs. Good pay, excellent benefits, double and triple overtime if you want it.... No union, think they tried to get one in and the workers told them to hit the road. I don't know what the situation is now but if you got a job there back back in the 70's or 80's and stuck with the plan you walked out of there a millionaire after 20+/- years. Most of those guys were retired b the time they were 50 at the most. Big houses, nice cars... the whole deal.

I`m not totally disagreeing with you because I don`t know the facts but I find it hard to believe the numbers that you stated, tens of thousands to hundreds of thousands. No wonder your taxed so much & your area is so corrupt you must live in leave it to beaver land. There is a bit of a difference between a parachute & a retirement pension unless the entire plant was all vice presidents & above or if you worked for the gov..

The benefits for that place are outstanding, medical, stocks etc. When i say millionaire I'm not referring to their take home but wealth accrued mostly through stock. I don't think there will be many millionaires coming out of there now but it's still an excellent job if you can handle it. There's probably tens of thousands that came out of that plant that made that much. It's enormous, at one point they they had entire self contained operation, whole trees went in one end and paper came out the other. They even have their own power plant.

Here's the plant: http://maps.google.com/maps?f=q&source= ... 1&t=h&z=17

Just to add it wasn't just the employees raking in the cash, that place had enormous economic benefits for a lot of other business as well like trucking firms.

There's a lot of them lost a lot of money too... Overall if you were in it up until about 2000.... $$$$$$

Much like the steel mills in the mon-valley & others, perhaps get too big. There was a lot of money made in them as well but not by the working man. Union or not the worker is only going to get what the company feels it can afford to give & when the top few are raking in obsene amounts its kind of hard to tell the workers they have to give back.

While not without it's share of critics, P&G is a long time well run company that concentrates on products that are recession proof. Things that people need no matter what the economic times are. It's used as a text book example in college economic courses on how to run a company. See http://en.wikipedia.org/wiki/Procter_&_Gamble for it's history and products. It makes the top tier list of Fortunes's "Most Admired Companies" each year.

Fact is as most big businesses have or will have a part in the TARP fund. But P&G is self sustaining and no union and employee's don't seem to have any complaints or demand to "Share the wealth". We need to remember when we accept a job we make an agreement on salary and if we don't like it we seek other employment. Nobody gets to demand I give up my hard earned money because the socialists/Marxists want to "share my money" with lazy people that WON'T work or seek a job. And there are already laws in place to support "the TRULY disabled" which the socialists are taking advantage of. I'm not bitter Really I'm Not!

Bill S.

If you work for a company that treats you like a human rather than expendable item there is no reason to have a union, unions were only formed to give the workers some degree of protection & then they too got out of hand.

Samhill,

I agree I've been on both sides of the wall most of it on the union side but I prefer non union because my skills speak for themselves. I took the time and effort to hone my skills through trade schools offered through non union business and book study. I lost 2 jobs through unions 1 over $.10 which was kept secret from us and the other by my supervisor trying to force me to work 7 days a week and at that time a single parent with full custody. Both times under the UAW. I've always believed if your capable of work and chose not to then you don't eat or deserve any financial support. There are a lot of handy capped people out there earning a living because they don't want to be a burden on anybody so there is no excuse for a healthy person not to earn a living. So I see no reason to "Share the wealth" because there are more people that don't deserve to be on "State financial aid" than those who truly need it. If the government spent more time accounting for the "Welfare" they hand out freely than what more they can waste by expanding federal controlled health care they could "Wisely" implement useful limitations on what the medical professionals can charge thus make health care affordable for those who chose to work. They could also do this on necessity's such as fuel & electricity.

Bill S.

BillMarti,
I too have been on both sides & tend to be non-union but in saying that in a lot of instances to union becomes a necessary evil to counter act the greed of a company. As far as truely handicapped & the elderly I think this country should take care of them. Welfare IMO should be a temp. helping hand for extreme cases where people have no other choice thru no fault of their own. It should not be a way of life. There is no entitlement to it, there should be no such thing as public houseing, people that have handi-capped tags that hang from the mirror that are not handi-capped & use them for a close parking space should be fined & towed. If you do get a welfare check you should be required to do something for it.
That being said I also don`t believe in nepatism, earn your job by ability to do it not by relative ability. That also covers the color of your skin issue. There are a lot of wrongs in the world & some rights, the rights should be earned & the wrongs should be thought-fully be righted.

Welfare IS a way of life in Massachusetts --- hell, I think this state created it!

Our democrat-run state puts the non-working types on a pedestal & gives them free phones, fuel, CARS --- this is no joke!

Obama will be running the entire country this way in time......... just wait & watch

If you live in Mass. think about it, you have to share the blame. B.O. didn`t institute the welfare system you have now the state voters did. Once you allow yourself to get to the point that there are more recievers than payers it might just be too late. You kind of have a delima there as I am learning, as long as the recievers have a vote you know you can`t reform.

If those on the state tit out vote those who are not then they vote for more 'free stuff'...
The problem arises when the state has to pay for the freeloaders...
That is why the state tax is going up here!
It is a spending problem not an income problem.