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Thread: U.S. Plans to Curb Executive Pay for Bailout Recipients

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    Re: Cautiously Capping Executive Pay

    I think the phrase below sums it up quite neatly.
    " He who pays the piper, calls the tune".

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    Re: Cautiously Capping Executive Pay

    This is wrong on many levels but if they take Tax Payer money then they cant bitch about the government telling them what to do. Which in turn is a scary thing.
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    Re: Cautiously Capping Executive Pay

    Quote Originally Posted by TOJ View Post
    What exactly would a company mean to you unless you are a founder or relative or close friend of a founder?
    If I believed in the mission statement of the company, then it would mean much more than just a pay-check.
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    Re: Cautiously Capping Executive Pay

    Quote Originally Posted by TOJ View Post
    So you think someone should stay with a company that is in trouble and begging for tax payer money even when they can get significantly high compensation by moving to a company that is not in trouble. I'm sure, if you were given that choice, you would forego the money and stay with the sinking ship.

    In this, as in most things, you get what you pay for. If the good executives bail and the bad ones stay it will be a good thing even though the tax payers will have to eat the losses when the companies ultimately fail.
    I think what you're forgetting is that even with the "good ones"--you know, the executives that got paid millions--these companies failed miserably.

    While I do agree that a good executive deserve to be paid well, the amount was much too excessive anyway. No one is as important as that, making 100-200 x more than the little guy.
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    Re: Cautiously Capping Executive Pay

    Believe it or not, Glenn Beck thought $500K was too high. He also thinks that these companies should have socialized medicine foisted on them as well.
    Last edited by American; 02-04-09 at 09:09 PM.
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    Re: Cautiously Capping Executive Pay

    This is disgusting. If a welfare queen asked for a 500k salary, you'd think it was a bad joke. The sheer entitlement of these bloodsuckers is just sickening. Taking taxpayer money needs to be made very painful for the top level, so think they think twice before they stick their hand in the taxpayer cookie-jar again.

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    Re: Cautiously Capping Executive Pay

    Quote Originally Posted by Maximus Zeebra View Post
    Cautiously Capping Executive Pay - Forbes.com

    Wow, this is somewhat extraordinary.. What do you think of a pay gap of 500.000 for companies bosses which have run "badly run" companies? Deserved or insane?
    If companies are going to be going to us for a handout, then there should be some stipulations/strings attached for receiving that money. You wouldn't want a welfare recipient to keep popping out children,do recreational drugs(legal or illegal) or spend all day and night partying when she can not afford to take care of the children that she already has on her own. I do not give a **** how much a company pays their executives as long as they are not on tax payer funded assistance and they are not trying to weasel out of any obligations they have to employees on the bottom of the chain(airlines cutting salaries of workers while giving huge bonuses and pay to executives).

    I seen some twits on FOX trying to say its none of the governments business regulating what a company pays their executives.Under normal conditions it is not the government's IE we the tax payers business to dictate wages, but when you go to us the tax payer for a hand out we have every right to demand and make sure you are not wasting our money. Because if we give you the money with no strings attached you are going to do the same old **** again. As far as I am concerned the government should tell everyone of these companies to piss off because they themselves out of their own free will did things to **** their company. So as a result they should suffer the same fate as the small companies that make bad decisions, which is go under. I think a 500,000 dollar cap is very generous.
    Last edited by jamesrage; 02-04-09 at 10:14 PM.
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    Re: U.S. Plans to Curb Executive Pay for Bailout Recipients

    I could see maybe if they threw in a curve-ball and made it so they can only get 500,000 max a year in general. Good luck paying for you multimillion dollar mansion with 500,000. If only... That would be sweet.
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    Re: Cautiously Capping Executive Pay

    Quote Originally Posted by jamesrage View Post
    If companies are going to be going to us for a handout, then there should be some stipulations/strings attached for receiving that money. You wouldn't want a welfare recipient to keep popping out children,do recreational drugs(legal or illegal) or spend all day and night partying when she can not afford to take care of the children that she already has on her own. I do not give a **** how much a company pays their executives as long as they are not on tax payer funded assistance and they are not trying to weasel out of any obligations they have to employees on the bottom of the chain(airlines cutting salaries of workers while giving huge bonuses and pay to executives).

    I seen some twits on FOX trying to say its none of the governments business regulating what a company pays their executives.Under normal conditions it is not the government's IE we the tax payers business to dictate wages, but when you go to us the tax payer for a hand out we have every right to demand and make sure you are not wasting our money. Because if we give you the money with no strings attached you are going to do the same old **** again. As far as I am concerned the government should tell everyone of these companies to piss off because they themselves out of their own free will did things to **** their company. So as a result they should suffer the same fate as the small companies that make bad decisions, which is go under. I think a 500,000 dollar cap is very generous.
    Abso-****ing-lutely right. One of the rare times I agree with you.
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    Re: U.S. Plans to Curb Executive Pay for Bailout Recipients

    If the Government will recoup these funds, then it is wrong to tell the Companies how they can spend it.

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