Comments on: Here we go. Again.

By: Harry Purdie

Harry Purdie — Sat, 03 Nov 2012 01:41:23 +0000

You’ve done a good job, yourself, Baxxter. Socialists cannot comprehend that employers, who invest and, therefore incorporate a risk factor in their calculations, understand that their employees are key to an adequate return for their investment.

Having invested in my own business on the rock, I fully understand the selfish attitude of the socialists.

However, by treating employees as one of the most important factors in running a profitable business, and rewarding them for their contribution, one can grow the business for the benefit of all.

By: verita

verita — Fri, 02 Nov 2012 10:55:55 +0000

Forsi jigi Privitera u jghid li hux veru

By: verita

verita — Fri, 02 Nov 2012 10:53:05 +0000

Sur professur, li tesprimi opinjoni hija accettabbli imma li ddawwar l-istorja kif jaqbillek le.

Ghal informazzjoni tieghek kien il-gvern ta’ Sant li f’laqgha urgenti tal-parlament, fl-10 ta’ Frar, kien xolja il-kunsill tat-tarzna. U dan meta f’ meeting Bormla qabel l-elezzjoni ta’ 1987 kien esprima il-fiducja tieghu fit-tmexxija ta’ Sammy Meilaq u la bella kumpanijja tat-tmexxijja tal-kunsill tat-tarzna.

Ara dik id-dahqa ta’ Sant ma jsemmuhiex il-MLP u issa jigi Scicluna u jghid li il-gvern prezenti xolja il-kunsill. Gidba sfaccata.

By: elephant

elephant — Fri, 02 Nov 2012 08:56:19 +0000

Dak professur -dak jifhem taf – Lola, gejja it-tombla dalghodu?

By: a. attard

a. attard — Fri, 02 Nov 2012 02:02:53 +0000

Edward Scicluna, please provide us with a copy of your Form Class II report.

I don’t know anything about Germany’s way of conducting business (and I don’t care) but I do know that in spite of the financial turmoil affecting other EU countries, Malta is still afloat (and here I do care).

Why change the system adopted by the P.N. (a success) to that adopted by the P.L. or M.L.P. (a failure)?

By: anthony

anthony — Thu, 01 Nov 2012 23:40:27 +0000

Scicluna qieghed ibella’ r-ross bil-labra.

Lic-cwiec Mintoffjani.

U lil hadd iehor.

By: ciccio

ciccio — Thu, 01 Nov 2012 22:10:18 +0000

In reply to andi.

Prof. Edward Scicluna’s comment did in fact remind me of KMB’s “Aristocracy of the Workers.”

Who would want a member of that aristocracy on his/her company’s board of directors?

By: Lord Lucan

Lord Lucan — Thu, 01 Nov 2012 21:55:43 +0000

The best way to protect workers is through full employment, since this gives them the opportunity to change jobs if they are dissatisfied with their current job.

The rest is hogwash.

By: H.P. Baxxter

H.P. Baxxter — Thu, 01 Nov 2012 21:32:42 +0000

Jesus Lordy Christ help us. IT ALREADY EXISTS. It is called employee stock options. But of course that only works when you have efficient companies and growth. What Professor Fraud has in mind is inefficient workers sitting on the inefficient directing board of inefficient companies. Way to go, Labour.

I’ll leave Harry to explain the rest.

By: Min Jaf

Min Jaf — Thu, 01 Nov 2012 20:12:48 +0000

Employee participation and worker directors in Germany stem from the situation immediately after WW2 when German industry and the German economy were practically non-existent.

Employees were given direct participation and representation on the board of directors in consideration of their direct contribution to rebuilding major industries literally out of the rubble and in the lack of availability of capital investment.

Malta Drydocks in contrast was handed to the workers on a plate, with a direct financial pipeline connected to Mid Med bank ensuring a constant flow of public funds to sustain thousands of workers in a loss making set up.

The resultant accrued Lm300,000,000 (Euro 750,000,000) loss now still forms a significant proportion of Malta’s national debt, and we are still burdened by the very substantial interest payments that go to financing that legacy left to us by the aristocracy of the workers.