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Thread: GM proposes to pay CEO $11.1 million in '13

  1. #21
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    Re: GM proposes to pay CEO $11.1 million in '13

    Quote Originally Posted by Jetboogieman View Post
    Why are you engaging in class warfare?


    Must be that liberal jealousy.
    No,its Liberal Hypocrisy

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    Re: GM proposes to pay CEO $11.1 million in '13

    Quote Originally Posted by American View Post
    GM proposes to pay CEO $11.1 million in '13 | The Detroit News | detroitnews.com


    Thoughts? With possible losses of bailout payback, should GM CEO get this big raise.
    It's up to GM. If people don't like it, they can always buy a Ford instead.
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: GM proposes to pay CEO $11.1 million in '13

    Quote Originally Posted by danarhea View Post
    It's up to GM. If people don't like it, they can always buy a Ford instead.
    The American public were forced to invest in the Voltswagen whether they wanted to or not.

    This crony capitalism, such as happened with Freddy Mac, Fanny, and many on Wall Street, has set precedents for Government to now get involved in the means of production with taxpayer money. Expect many billions of dollars more from government passing into private hands in the years to come. If the people defend it and expect it then it will surely continue.

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    Re: GM proposes to pay CEO $11.1 million in '13

    Quote Originally Posted by danarhea View Post
    It's up to GM. If people don't like it, they can always buy a Ford instead.

    That's what I do....We have three of them....
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: GM proposes to pay CEO $11.1 million in '13

    Quote Originally Posted by Republic Now! View Post
    The CEO should get paid whatever the company decides to pay him.

    The American people also shouldn't have to bail them out when their ridiculous monetary practices fail them.
    Absolutely.

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    Re: GM proposes to pay CEO $11.1 million in '13

    Quote Originally Posted by danarhea View Post
    It's up to GM. If people don't like it, they can always buy a Ford instead.
    I disagree on this one, while they're paying back a govt loan and the public is expected to take a loss, they shouldn't be allowed to get paid that much.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: GM proposes to pay CEO $11.1 million in '13

    (Reuters) - General Motors Co (GM.N) denied on Tuesday media reports that the automaker asked U.S. officials to allow for a pay increase of more than 20 percent for Chief Executive Dan Akerson.

    The largest U.S. automaker submitted a request to U.S. officials to pay Akerson $9 million for 2013, about the same as his 2012 and 2011 pay packages, GM said in a statement.

    Compensation of GM executives is governed by a special paymaster from the U.S. government as part of provisions put in place after GM's U.S.-funded bankruptcy restructuring in 2009.

    GM's statement came after reports that GM wanted to pay Akerson $11.1 million for 2013.

    GM says did not request 2013 pay bump for CEO Akerson | Reuters
    /thread.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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