No. of Recommendations: 3
So cut the number of people on the board and getting exec benefits.

Remember the meme that is so popular today: "every problem is the employee's fault. everything would be fine if we could beat the employees down enough." We are seeing this meme repeated daily in discussions of bankruptcies from California cities to Hostess.

This thinking isn't new. I have been hearing the US automakers whine for 40 years. Their lack of sales is never, ever due to their offering shoddy products that are not what the customers want. The blame is always laid on the union workers, or the government, or the Japanese.

I worked for a retailer that started agressively beating down it's employees 20 years ago.

Somewhere, Bernie Ebbers is smacking his forhead, and crying "if only I could have kept the Worldcom fraud going another ten years. I could have blamed the collapse on the greedy workers, and skated with my loot".

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