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Overpaying management still sounds like a better system than when we used to have kings and stuff.
...and another righty misses the point...
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All this left wing whining completely overlooks the fact that the average American citizen living in what the government defines as "poverty" is still better off than about 95% of the rest of the world's inhabitants.
and we've got three!
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You know, these posts are funny. I'm more pro business than most people on this board, yet the posts in here strike me as absurd in their naivete (I'm giving you guys the benefit of the doubt).
The government shouldn't be implementing arbitrary ratios on CEO salaries or compensation. It's not the government's role, there would be no objective basis behind the ration, and they'd do a poor job of developing and implementing the rules.
All that said, the kneejerk defense of CEOs and parroting of rightwing memes about the market and compensation is comical. Or sad. Some of you need to actually get out in the real world, or read some opposing viewpoints, or at the very least just think these things through a bit.
13, wolf, khayos... have you ever owned or run a company? Been on a board? Worked closely with a public company CEO or its board?
Let's try a different angle, coming from patsfan13's apparent point of view. After all, most people aren't in senior management at public companies, but many people do own stocks. Have you ever tried to get something changed at a public company you owned stock in? Ever voiced concerns about CEO comp or other issues that you thought weren't handled optimally? Tried to get somebody elected to the company's board?
I take it you own stocks, perhaps have some in mutual funds. If you are someone who really combs through mutual funds to eliminate those with CEOs you don't approve of, then you are the exception. The fact is that shareholders mostly don't vote or simply vote as they are told to do. I'm all for capitalism (and I own mutual funds and some stocks), but the reality is that even when regulated it's a corrupt and dishonest economic system, despite being the best economic system around.
All this left wing whining completely overlooks the fact that the average American citizen living in what the government defines as "poverty" is still better off than about 95% of the rest of the world's inhabitants.
That's true. They should just shut up and be happy. Go tell that to the Tea Party!
yeah, well.......the article is suspect without providing any actual data.....you can take a limited amount of data and make anything look the way you want
I take it you own stocks, perhaps have some in mutual funds. If you are someone who really combs through mutual funds to eliminate those with CEOs you don't approve of, then you are the exception. The fact is that shareholders mostly don't vote or simply vote as they are told to do. I'm all for capitalism (and I own mutual funds and some stocks), but the reality is that even when regulated it's a corrupt and dishonest economic system, despite being the best economic system around.
I know that the main set of funds that in which I am invested leave me little choice in that matter. I have a choice of about a dozen funds, but those dozen were chosen for me by my employer.
That's true. They should just shut up and be happy. Go tell that to the Tea Party!
You know what? When someone is a drain on our society and is receiving one benefit after another for years and years while being here illegally or popping out one child after another, they really should shut up and be happy.
But according to you, those people are paying their fair share. It's the millionaire who pays $300,000 in taxes who isn't.
You know, these posts are funny. I'm more pro business than most people on this board, yet the posts in here strike me as absurd in their naivete (I'm giving you guys the benefit of the doubt).
The government shouldn't be implementing arbitrary ratios on CEO salaries or compensation. It's not the government's role, there would be no objective basis behind the ration, and they'd do a poor job of developing and implementing the rules.
All that said, the kneejerk defense of CEOs and parroting of rightwing memes about the market and compensation is comical. Or sad. Some of you need to actually get out in the real world, or read some opposing viewpoints, or at the very least just think these things through a bit.
13, wolf, khayos... have you ever owned or run a company? Been on a board? Worked closely with a public company CEO or its board?
Let's try a different angle, coming from patsfan13's apparent point of view. After all, most people aren't in senior management at public companies, but many people do own stocks. Have you ever tried to get something changed at a public company you owned stock in? Ever voiced concerns about CEO comp or other issues that you thought weren't handled optimally? Tried to get somebody elected to the company's board?
The main reason that stockholders don't complain about the CEO pay is that the amounts tends to be immaterial to the stock price. The highest paid CEO last year was Culp of Danaher at $141m. That doesn't move the share price by even a penny.
13Likes
Re: 475:1
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