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Thread: Paychecks as Big as Tajikistan

  1. #21
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    Re: Paychecks as Big as Tajikistan

    Quote Originally Posted by j-mac View Post
    In terms of her wealth, not Congressional pay. Unless you really think that is her only income? But I suspect you are just being disingenuous here....

    Look, you are promoting class warfare, with this bitching about CEO pay, when you are smart enough to know how that is arrived at.

    j-mac
    No... American is trying to change the subject by bringing irrelevant bs into the topic, and you are helping him. So stick to the topic.

    Do you find that the top CEOs are being paid too much or not? Do you find that the fact that 32 companies paid more in CEO compensation than they paid in taxes a problem?
    PeteEU

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    Re: Paychecks as Big as Tajikistan

    Quote Originally Posted by j-mac View Post
    In terms of her wealth, not Congressional pay. Unless you really think that is her only income? But I suspect you are just being disingenuous here....

    Look, you are promoting class warfare, with this bitching about CEO pay, when you are smart enough to know how that is arrived at.

    j-mac

    Was it class warfare when Marie Antoinette was executed?

    If so so be it . I don't like cake nor can I live off it.

  3. #23
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    Re: Paychecks as Big as Tajikistan

    Quote Originally Posted by PeteEU View Post
    No... American is trying to change the subject by bringing irrelevant bs into the topic, and you are helping him. So stick to the topic.
    No, you are just frustrated when challenged on your absurd assertions...Like most libs I know.

    Do you find that the top CEOs are being paid too much or not?
    Why should I care? Did they or did they not negotiate their own contracts? What makes you think that you are entitled to decide what the head of some company you don't even work for should make other than petty jealousy, and a misguided sense of entitlement?

    Do you find that the fact that 32 companies paid more in CEO compensation than they paid in taxes a problem?
    If they were legal in their tax payments, then they are just fine. I am more worried how demo's like Rangel, who sits on the committee writing the code, chooses to skirt the system and not pay his fair share.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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  4. #24
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    Re: Paychecks as Big as Tajikistan

    Quote Originally Posted by winston53660 View Post
    Was it class warfare when Marie Antoinette was executed?
    In a way, yes. but you have the context distorted I suspect.

    If so so be it . I don't like cake nor can I live off it.
    Just got back from the brand new Wal Mart by my house...They had plenty of food for sale, including the juicy steaks I am slapping on the grill in about 30 min...Along with my ice cold brew.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Paychecks as Big as Tajikistan

    Quote Originally Posted by j-mac View Post
    Equating today's CEO's with Bernie Madoff is not only wrong on so many levels, but inflammatory too boot.

    Richard Fuld is another story, however, compensation like that wouldn't shouldn't be a question because it is the shareholders that determine the contracts right?

    j-mac
    I did not equate every CEO with Bernie Madoff, American asked me to which CEOs and Execs was I was referring to when I said many of them are not capable. These are the individuals who I'm personally disgusted with, and individuals like them who when their company is on the ropes still receive massive salaries and sometimes pay increases. Now some are in fact extremely capable, there's no denying that either, I don't have a problem with them since their company can easier cover their salaries because the company is actually profitable.

    Perhaps I shouldn't have used the word "many" originally and instead have used "some" but I think I've clarified the point I was trying to reach.

  6. #26
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    Re: Paychecks as Big as Tajikistan

    Quote Originally Posted by tessaesque View Post
    The last company I worked for was owned by three men. The company pulled in approximately $13 million in net income each year. We had 40 employees, three locations, and usually about $2 million worth of inventory on-hand. I was mid-range in terms of salary, making 35k a year (started at $10 an hour three years ago). There were weeks that I wondered whether I could afford the gas to get to work during that three-year run, but I never felt as though the owners should give up some of their millions because I was struggling. They're the ones taking the risk with the company, especially in a trick economy. Why should they not be the ones reaping the majority of the reward?
    They of course were the owners of the company and as such entitled to the profits of the company either in salary paid to themselves or as cash payouts (minus government taxes of course)

    Most publically owned corporations have CEO's that do not own a majority of the stock, and generally own a small percentage of the company through stock options. It is those CEO's (and comparable upper level managers) that I have an issue with on their compensation. Not so much on how much they earn in comparison to the lowest paid employee in that company, but more along of why they are earning 2-5 times what a comparable manager(CEO) earns at a similar sized company in Germany or Japan. I truelly doubt a CEO at an averagely well run company in the US deserves 3 times the compensation of a manager at a German company with similar results. The compensation of public managers and CEO's in the US has been corrupted through conflicts of interest ( compensation commitee's) and are against owner interest. Unfortunately owners are a generally diverse group ( Mutual funds, pension funds, thousands if not millions of individual investors) who do not have the power to keep corporate boards looking after their interests.
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    Re: Paychecks as Big as Tajikistan

    Quote Originally Posted by American View Post
    Nancy Pelosi's wealth increased by 62% last year. I guess she's part of the greed problem.
    Isn't she wanting to raise taxes on the wealthy? If she is trying to raise taxes on herself, I don't think you can say she is part of the "greed problem".
    Quote Originally Posted by Bucky View Post
    The economy will improve under this bill. If a few people die, it will be for the betterament of this country.

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