Volt Asks Temps To 'Vote" For Microsoft Pay Cut
theodp writes "In an email sent Friday evening to its Microsoft temp workers, Volt Workforce Solutions asked the techies to 'vote' to agree to a 10% pay cut. From the email: 'We want to support you in continuing your assignment at Microsoft and respectfully ask that you respond by going to the upper left hand corner of this email under the "Vote" response option and select, "Accept'" by close of business Tuesday, March 3, 2009. By accepting you agree to the [-10%] pay adjustment in your pay rate.' Microsoft managed to keep the Feb. 20 email detailing plans to slash rates from leaking while it pitched its Elevate America initiative at the 2009 Winter Meeting of the National Governors Association, touting Microsoft skills as just the ticket to economic recovery."
Warren has so much more to lose from civil disorder however.
There is a social contract and the wealthy have broken it.
They've won so badly that even they are beginning to realize that ( Warren Buffet has said he feels it is wrong that his tax rate is so much lower than his secretary ).
The top 1% now have 95% of the wealth and the top 5% have 70% of the income. And both those are up dramatically from only 31 years ago in 1978.
Further tax cuts for the wealthy won't help a bit- because they've taken not only every penny we have- but every penny we WILL have for the next 20 years.
And we are about to skip on the bill for those 20 years very soon.
She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.