Apple, Google, Microsoft, NFL: Suicide By Greed Jon Rappoport Prison Planet.com March 26, 2014
The old movie line, “Stop me before I kill again,” comes to mind. In this case, however, it’s “Stop me before I kill myself.” PandoDaily has uncovered a wide-ranging scandal among tech giants. It’s basically an illegal scheme to limit wages by agreeing not to lure employees away from each other with the promise of higher salaries (see also this link). Companies involved? At first, just a few. But Pando has found evidence that many giants are in on the scheme, and “all told, the combined workforces of the companies involved totals well over a million employees.” The companies? Google, Apple, Microsoft, Pixar, Intuit, Lucasfilm, IBM, Dell, eBay, Comcast, Clear Channel, Dreamworks, Adobe, Genentech. That’s quite a list. Obviously, these corporations fear dents in their bottom-line, because prior to wage-fixing agreements, they were engaged in escalating bidding wars to grab employees from each other. “They’re only paying you X over there? We’ll offer you X plus 100!” Well, whose fault is that? Who created the problem in the first place? The companies themselves, through their willingness to pay wild amounts of money to prospective talent. It was nobody’s fault but their own. You see the same problem in pro sports. The National Football League, the National Basketball Association, Major League Baseball. Bidding wars for players. Salaries through the roof.