Author Topic: Class-Action Suit against 24 Hour Fitness  (Read 13353 times)


The Luke

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Re: Class-Action Suit against 24 Hour Fitness
« Reply #76 on: November 06, 2009, 08:17:10 AM »
Uhhhh... O.K

http://www.washingtonpost.com/wp-dyn/content/article/2009/07/12/AR2009071202176.html

http://www.nytimes.com/2006/11/27/business/worldbusiness/27iht-store.3689499.html

...holy shit! When did that happen? They changed the law?

Guess the Walmart lobbyists have been handing out suitcases of cash in India since I last read about it.

Oh, well... so long India's middle class.


The Luke

wes mantooth

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Re: Class-Action Suit against 24 Hour Fitness
« Reply #77 on: November 06, 2009, 10:37:54 PM »
...holy shit! When did that happen? They changed the law?

Guess the Walmart lobbyists have been handing out suitcases of cash in India since I last read about it.

Oh, well... so long India's middle class.


The Luke

so does this mean your entire argument has crumbled? or that you are not in touch with reality after 2008? who gets the shiny dollar now?

still waiting to hear what you think is a reasonable rate for payment for an aerobics class........

tonymctones

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Re: Class-Action Suit against 24 Hour Fitness
« Reply #78 on: November 06, 2009, 10:41:11 PM »
so does this mean your entire argument has crumbled? or that you are not in touch with reality after 2008? who gets the shiny dollar now?

still waiting to hear what you think is a reasonable rate for payment for an aerobics class........
Id like to know that as well  ;D

The Luke

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Re: Class-Action Suit against 24 Hour Fitness
« Reply #79 on: November 06, 2009, 10:51:51 PM »
so does this mean your entire argument has crumbled? or that you are not in touch with reality after 2008? who gets the shiny dollar now?

...just a few months behind the corruption.



The Luke

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Re: Class-Action Suit against 24 Hour Fitness
« Reply #80 on: November 06, 2009, 11:08:14 PM »
...because they couldn't possibly reduce the CEO's pay or the shareholder dividend?


That's always a tired argument.  There's one CEO and thousands of line-level employees.  If you paid the CEO zero, that might save enough to increase them all from $20.00/hr to $20.10/hr.  Whoop-de-doo!     (plus you wouldn't have a ceo anymore.... nobody works for free).

As for shareholder dividends, let's see...  if you earn some money, and put it in a retirement fund or 401k instead of sending it, you expect a return on it, do you not?  Otherwise, you may as well stuff it in your mattress or go out and buy that big-screen TV.  If companies didn't pay a fair rate of return on people's money, nobody would invest in companies to begin with and the whole economy would grind to a halt.

Sorry life in Ireland sucks, but pro-union Karl Marx bullshit doesn't square with reality. 
Ron: "I am lazy."