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Outsource CEOs, not Workers

Distributed by Knight Ridder/Tribune News Service
Published on Friday, April 30, 2004 by

by Holly Sklar

American companies are busily outsourcing workers when they should be insourcing CEOs from other countries. U.S. CEOs are way too expensive.

U.S. CEOs make 23 times as much as CEOs in mainland China, 10 times as much as CEOs in India and 9 times as much as CEOs in Taiwan, according to the latest Towers Perrin worldwide survey.


Subject: WD 40

The product began from a search for a rust preventative solvent and de-greaser

to protect missile parts. WD-40 was created in 1953 by three technicians at the San Diego Rocket Chemical Company. It's name comes from the project that was to find a "water displacement" compound. They were successful with the fortieth formulation, thus WD-40.

When Imitation Is Not Sincerest Form of Flattery

Mon Apr 19, 2004

By Edwina Gibbs

TOKYO (Reuters) - Sometimes success brings its own problems.

China has long been good to Mabuchi Motor Co Ltd, providing the world's biggest maker of micro motors with a low-cost production base, but copycat makers are now eating into the low end of the market.

Combine that threat with some analysts' concerns that Mabuchi's direct current motors could one day be replaced by higher-performance brushless motors and President Shinji Kamei admits that life is not as simple as it once was.


The 10 Worst Corporations of 2003

by Russell Mokhiber and Robert Weissman 

2003 was not a year of garden variety corporate wrongdoing. No, the sheer variety, reach and intricacy of corporate schemes, scandal and crimes was spellbinding. Not an easy year to pick the 10 worst companies, for sure. 

But Multinational Monitor magazine cannot be deterred by such complications. And so, here follows, in alphabetical order, our list for Multinational Monitor of the 10 worst corporations of 2003. 


Betrayed by an oil giant

15 years after the Exxon Valdez disaster, the coast remains polluted and compensation is unpaid 

By Andrew Gumbel Independent (UK) 
25 March 2004 

Shortly after the Exxon Valdez oil spill in 1989, a senior Exxon representative visited the devastated fishing communities of southern Alaska and promised them the company would do everything in its power to restore their livelihoods and "make them whole". 


No 'Choice' Wal-Mart prepares to bury the left under a mountain of money

By Glen Ford and Peter Gamble | 3.31.04 

Jim, John, Alice, Sam and Helen may carry the world's most dangerous genetic markers. They are the Waltons, heirs to the global destructive force called Wal-Mart. 



According to a new report, President Bush's official campaign is selling clothing made in Burma - a country whose goods Bush banned for sale in the U.S. because of their awful human rights, narcotics and sex trafficking record. According to Newsday, "the merchandise sold on includes a $49.95 fleece pullover, embroidered with the Bush-Cheney '04 logo and bearing a label stating it was made in Burma, now Myanmar." (1) 


Workers see few benefits from pro-business policies

Mon Mar 15, 2004

As the U.S. economy keeps expanding without creating new jobs, politicians, labor leaders and average Americans increasingly blame "outsourcing" - work U.S. firms transfer to low-wage countries. The practice has become so highly charged that a Nebraska executive in line to oversee a Bush administration effort to boost factory jobs backed out last week following reports that he had outsourced operations to China.


Peak Performance Tip: An Exercise for Stress Management

Here is an exercise you can do to help you better deal with stress:

  1. Remember a current situation in which you felt stressed, upset, hurt or angry.
  2. Review the irrational beliefs and determine which may have applied to your situation at the time.
  3. Now ask yourself the following questions:

    What is the worst thing that could have happened?

    What facts are not consistent with my thinking?