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Thread: CEOs lay off thousands, rake in millions

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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by liblady View Post
    did you completely miss the point of my post, or are you just typically spouting talking points that mean nothing?
    You're point was that it is wrong for people to make big money. We need to spread the wealth around.

    When Obama succeeds in his agenda, we will all be equally poor, and things will be more fair. Economic justice and all that. We're not there yet, so the CEO's are still entitled to that money.

    No one in business knows what's going to happen with taxes, crap and tax, or Heathcare. Until they know, lay offs will continue, and no one will expand their workforce.
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Vespasian View Post
    Pure ignorance. The CEOs job is to make money for the shareholders. It isn't to provide a job for those stupid and lazy enough to be relegated to worker bee status.
    So are you a CEO? You classify everyone under a CEO as Stupid and Lazy so I was just curious.

    Quote Originally Posted by Vespasian View Post
    How's it not? The only time it appears fallable is when the dumbass government sticks their nose into it.
    Really so you have never heard of a business going under as the result of bad decisions? (if not; google Blockbuster)
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Barbbtx View Post
    You're point was that it is wrong for people to make big money. We need to spread the wealth around.
    Seriously, get some reading comprehension skills. The point was that the CEOs are getting rewarded for running the company into the ground.

    Quote Originally Posted by Barbbtx View Post
    When Obama succeeds in his agenda, we will all be equally poor, and things will be more fair. Economic justice and all that. We're not there yet, so the CEO's are still entitled to that money.
    Ah yes, a typical idiotic and childish remark about Obama. I'm sure it's his fault too that these CEOs ran their businesses into the ground all these years.

    Quote Originally Posted by Barbbtx View Post
    No one in business knows what's going to happen with taxes, crap and tax, or Heathcare. Until they know, lay offs will continue, and no one will expand their workforce.
    Yep because as we know, no businesses were doing this before Obama became president.

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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Phoenix View Post
    So are you a CEO? You classify everyone under a CEO as Stupid and Lazy so I was just curious.

    No, I didn't. I classify "stupid and lazy" as those who depend upon others to "make ends meet." This is America. The home of capital-freakin'-ism. Get out there and make your own money; quit making the CEOs money by working for them if you hate their bonuses so much. Damn.

    Really so you have never heard of a business going under as the result of bad decisions? (if not; google Blockbuster)

    That's part of business. Blockbuster was the old that was replaced with the new (Netflix, etc.) I think you misunderstood my point. The BUSINESS CYCLE is typically infallable. Poor businesses and CEOs always fail, unless the government bails them out. The best rises to the top; the best stay there; some stay longer than others; some go bankrupt; some merge; etc.
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Vespasian View Post
    No, I didn't. I classify "stupid and lazy" as those who depend upon others to "make ends meet." This is America. The home of capital-freakin'-ism. Get out there and make your own money; quit making the CEOs money by working for them if you hate their bonuses so much. Damn.
    Im sorry, but I really hate this kind of statement because it seems to advance that there is a magical moneymaking machine and poor people are just too lazy to push the button.
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Vespasian View Post
    No, I didn't. I classify "stupid and lazy" as those who depend upon others to "make ends meet." This is America. The home of capital-freakin'-ism. Get out there and make your own money; quit making the CEOs money by working for them if you hate their bonuses so much. Damn.
    Sure you did. and you just did again.
    I don't disagree with your basic premise. We would all be better off if we worked as contract labor and just issued 1099s (or nothing). However I don't believe that working for a company makes the American worker stupid or lazy. Do you think that the scientists that work for Pfizer are stupid? How about the coal miners in WV are they lazy? Not everyone can run a company. Not everyone can lay bricks for 10 hours straight. I'd like to see one of those hard working CEOs do that.

    Quote Originally Posted by Vespasian View Post
    That's part of business. Blockbuster was the old that was replaced with the new (Netflix, etc.) I think you misunderstood my point. The BUSINESS CYCLE is typically infallable. Poor businesses and CEOs always fail, unless the government bails them out. The best rises to the top; the best stay there; some stay longer than others; some go bankrupt; some merge; etc.
    Thanks for the clarification. BUSINESS CYCLE is completely different thatn PRIVATE BUSINESS.
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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Phoenix View Post
    Sure you did. and you just did again.
    I don't disagree with your basic premise. We would all be better off if we worked as contract labor and just issued 1099s (or nothing). However I don't believe that working for a company makes the American worker stupid or lazy. Do you think that the scientists that work for Pfizer are stupid? How about the coal miners in WV are they lazy? Not everyone can run a company. Not everyone can lay bricks for 10 hours straight. I'd like to see one of those hard working CEOs do that.
    The scientists at Pfizer are highly skilled and intelligent. Not everyone has the ability to do what they do. Anybody can do the jobs the class warfare folks b!tch about losing to outsourcing, etc.

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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by Hoplite View Post
    Im sorry, but I really hate this kind of statement because it seems to advance that there is a magical moneymaking machine and poor people are just too lazy to push the button.
    I love the fact you left "smart" out of the equation. I'ver never met someone who was smart and hard-working who wasn't, at least, living comfortably. (2 story house, a couple of cars, pretty wife, maybe a kid or two, etc.)

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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by liblady View Post
    this kind of greed is what makes everyday workers snap. the board members taking care of each other, a good old boys club. **** em. they run a business into the ground, then get PAID for it.




    CEOs lay off thousands, rake in millions - Business - U.S. business - msnbc.com
    hate to break the news but CEOs don't have a duty to keep people employed. Their duty is to make money for their bosses.



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    Re: CEOs lay off thousands, rake in millions

    Quote Originally Posted by liblady View Post
    this kind of greed is what makes everyday workers snap. the board members taking care of each other, a good old boys club. **** em. they run a business into the ground, then get PAID for it.




    CEOs lay off thousands, rake in millions - Business - U.S. business - msnbc.com

    Seems like we may be conflating two issues. Companies going through what many people have called the greatest recession since the depression had to cut employees as demand fell off greatly. Companies that recognized that quickly, were able to lessen the damage to their company and probably deserved to be rewarded.

    A second issue is executive compensation. Here I think boards of directors often do not do their fiduciary responsibility to the owners of the company and over-reward execs. Since most shares are held by mutual funds and not individuals the boards are free to do what they wish.

    It would be great to see the SEC do more dur diligence in this area. It would also be good to have creative attorneys go after BOD that do a poor job.

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