Comments on: death by a thousand cuts

By: katy

katy — Fri, 20 Jun 2008 01:21:52 +0000

well, one day we’ll maybe be that that guy close to retirement, going thru the motions to get the pension: if we’re lucky. try to put your self in his shoes.

By: Chief Family Officer

Chief Family Officer — Tue, 17 Jun 2008 03:31:27 +0000

Thank you! You put into words what I’ve always felt about Donny Deutsch’s program. I actually don’t particularly enjoy it that much (too much non-substantive talking), but I think the concept is a good one, and you articulated why. Good point about wondering how it stays on the air, too.

By: Steve

Steve — Mon, 16 Jun 2008 02:02:08 +0000

I’ll chime in here and say nobody HAS to pay college tuition for their kids. It’s nice if they can, but if they can’t, the kids will have to attend a cheaper school, work their way through college, etc. You can always sell your house and rent to avoid paying a huge mortgage. Etc. You can go out of this life having lived on your knees or standing up. Me, personally, I couldn’t take getting dumped on like that. There are almost always options, as long as you have your health.

By: Curmudgeon

Curmudgeon — Sat, 14 Jun 2008 23:33:13 +0000

@Dividend GI, well, that’s why I’m called Curmudgeon. But people put themselves into that position, by placing excessive trust in their employer. I have had similar expenses, yet I have never let myself be dependent upon that next paycheck to make it happen. You don’t have options because you’ve let those options slide through your fingers over the years. You keep up your education, maintain your network, and look beyond your own small world, and you will always have options.

By: Dividend Growth Investor

Dividend Growth Investor — Sat, 14 Jun 2008 19:21:47 +0000

Curmudgeon,

Sometimes it is tough to be bold and leave when there are not too many choices in front of you. If that guy has to pay a mortgage and college tuition for 1-2 kids, I bet he’d do anything just to keep working some job and make some decent salary. Otherwise he might not have a lot of options..

By: Curmudgeon

Curmudgeon — Sat, 14 Jun 2008 14:56:13 +0000

I’ve always been willing to leave a job situation that is untenable; too willing, according to some of the pundits who advise waiting out a bad situation. Yet events (downsizings, office closings) have borne out most of those decisions.

I’m sorry, if you let the time to a pension dictate how you respond to an organizational defenestration, then you have truly sold your soul to The Man. Your temporary colleague doesn’t deserve sympathy, Steve. He deserves pity.

By: plonkee

plonkee — Fri, 13 Jun 2008 20:17:30 +0000

I can’t speak to the show, but on the 1000 cuts, I think that one of the best ideas is never to become your job. And since that guy isn’t going to leave, and isn’t going to do much for the company either, they’re just shooting themselves in the foot. Markets aren’t always efficient when the companies are so big.

By: Dividend Growth Investor

Dividend Growth Investor — Fri, 13 Jun 2008 20:02:22 +0000

I love Donny’s show. I don’t really have too much time to watch it however..

By: Tap Water

Tap Water — Fri, 13 Jun 2008 19:58:42 +0000

I can’t agree with you more about Donny Deutsch’s show. Most of what runs on television is dull and uninspiring. This is the kind of television I want to see more of.

By: deepali

deepali — Fri, 13 Jun 2008 15:06:47 +0000

My last job was in corporate America, at a start-up that got too big for itself. So they underwent some restructuring that pretty much sucked (very similar to above). I left for non-profit. I’m at a big enough place now that we could see some restructuring, but everyone is so well-connected that nothing like this would happen.