View Poll Results: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

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  • Disagree. Quality CEOs are in short supply. They must be paid more or companies can't survive.

    52 54.74%
  • Agree. Times are tough. CEOs should take pay cuts to help their companies be more profitable.

    43 45.26%
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Thread: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

  1. #61
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by Ockham View Post
    I've voted for the board of directors a few times with the holdings I have. The options you have are usually set, and to your point there's not much of a choice, but that's just how things are.
    You're experience and research is effectively the same as mine. Then I don't understand your earlier post. Please clarify. thx

  2. #62
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by OhIsee.Then View Post
    You're experience and research is effectively the same as mine. Then I don't understand your earlier post. Please clarify. thx
    I was just explaining the process. Nothing more.
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  3. #63
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by TheDemSocialist View Post
    You seemed to be disagreeing with the study and questioning it.



    The study looks at the 200 highest paid CEO's and their salaries seem to be raised by 23% by 2009! That is ridiculous. Sure some CEO's pay have not been increasing but im still they are doing just dandy.


    How are CEO's not greedy?Really does not go that direction, its just saying these guys are making a whopping while we give them a tax cut, and say hey not enough jobs here, were gonna cut back on these workers why we give ourselves a nice little increase in wages but we still cant hire you workers.


    Im sure i didnt cuz it never said that.


    Really not what it said.
    Here is the whole "idea" of the article from the article itself:

    "These numerical indices of unrestrained self-enrichment by the corporate-financial elite provide the appropriate context for considering the unprecedented wave of budget-cutting taking place across the country. Record budget deficits—the result of depleted tax revenues stemming from the economic crash precipitated by corporate fraud, plus the multi-trillion-dollar bailout of the banks—are being used to justify the gutting of health care, pensions and education as well as pay cuts and attacks on workers’ bargaining rights and the right to strike.
    The universal claim is that “there is no money” to meet the basic needs of the broad masses of the people. As the CEO pay figures show, however, this is a modern-day example of the Big Lie."



    So as a worker under a socialist economy you believe you will be "heavily taxed"?
    So they made on average 23% more by 2009. Why does that bother you? If it's greed, then are workers also greedy for wanting raises?

    Are you suggesting a socialist economy would not tax me? Or my employer?

  4. #64
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by Boo Radley View Post
    If we're having hard times, and he's not willing to burden some of the load, he isn't that guy who'll make anyone more profitable. The auto industry for example has paid highly for CEO's who have not been profitable.
    It appears none of the companies studied in this article (remember the companies studied reported over 10 billion in revenue) were having hard times.

    If a CEO is heading a company that is having hard times, he's probably going to be packing up his stuff and getting out before long. A symbolic salary decrease on his part probably won't change that.

  5. #65
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Everyone on Government payroll from Obama to the janitor in every State and Federal office need a pay cut and wage freezes, and a 75% reduction in perks from the White House to parking and postage of both Houses of Congress.

    They are ignoring the cost of living for us retired folks they need to see what it's like.

  6. #66
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by Councilman View Post
    Everyone on Government payroll from Obama to the janitor in every State and Federal office need a pay cut and wage freezes, and a 75% reduction in perks from the White House to parking and postage of both Houses of Congress.

    They are ignoring the cost of living for us retired folks they need to see what it's like.
    So your issue is inflation, but inflation has been very low. The cost of some commodities has risen a lot, e.g. gas, but that is not inflation. So some states haven’t been able to cut pay but have been able to cut jobs. Is that as good as cutting pay? BTY, I’m retired too, but having no trouble with inflation since our investments are doing very well. You’re not just living on SS only are you?

  7. #67
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by LuckyDan View Post
    It appears none of the companies studied in this article (remember the companies studied reported over 10 billion in revenue) were having hard times.

    If a CEO is heading a company that is having hard times, he's probably going to be packing up his stuff and getting out before long. A symbolic salary decrease on his part probably won't change that.
    Well they did freeze cost of living increases for those getting social security checks. But then again, cutting costs on the poor is how they usually begin the process.
    “In politics, stupidity is not a handicap.” -Napoleon

  8. #68
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by evanescence View Post
    Well they did freeze cost of living increases for those getting social security checks. But then again, cutting costs on the poor is how they usually begin the process.
    "They" are not CEOs.

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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree


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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by Helix View Post
    Personally, I don't feel it's fair to include Ralph Lauren, who owns Ralph Lauren. That first one made me see red. Gee, health care costs. I get it now.

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