[Wilhelm Tell]

What is it with these “business” types who can’t see beyond the next quarter, who can’t see that cheap imported labor today will bring expenses of its own and a hostile environment tomorrow?

[ConservingFreedom]

What is it with these “business” types who can’t see beyond the next quarter, who can’t see that cheap imported labor today will bring expenses of its own and a hostile environment tomorrow?

They think if they get rich enough now, they can ride out the societal collapse.

[The_Reader_David]

What is it is that they are men without honor, and do not need to see past the next quarter, or at least not past the next fiscal year, because they no longer work for their shareholders, but work for themselves -- executive compensation bears very little, if any, relationship to corporate performance, and even when it does, if they can juice the bottom line with a bit of tax-payer largess, or by using state power to crush and absorb a competitor, their bonuses will leave them set for life even if the company they run collapses two years hence.

As I have repeatedly said, we live in the Era of Bad Stewards, when everyone in a fiduciary position has concluded their position exists not to serve those whose good or goods they are in theory paid to look after, but to enrich themselves. This applies to corporate CEO and CFOs, legislators, government bureaucrats, university presidents, and even cops -- though it is not primarily self-enrichment that the corruption of honor and fiduciary responsibility leads to in this last case, but the crimes committed under color of law in "defense" of the authority, real and purported, of the police.