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By noon tomorrow...

Grand Mal said:
Yeah, what could be sillier than a whole country north of North Dakota?
I don't think the Queen's toes have ever been here this time of year.
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Won't matter, she will be gone from this earth in a few months...then its either jughead or son of jughead in the ceremonial role of inbred royal twit.

Canadians are nice but for crissakes, the once had a football team named the Roughriders and another one named the Rough Riders in the same league.

I'm just glad we got John Candy and Martin Short and Catherine O'Hara from them.

They are stuck with Rich Little....
 
Grand Mal said:
...the average CEO in Canada will have earned what the average Canadian will earn all year.

I'm not sayin', I'm just sayin'.
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I bet there are people out there with a bigger penis than you as well. You gonna gaze over the stall in envy there as well?
 
newpublius said:
"What happens when someone with no moral compass decides his own level of compensation?"

Well then the shareholders get screwed, right?

That's not my problem, its not my company, point of course being, let the shareholders bring a derivative suit on the basis that the CEO is breaching a fiduciary duty or whatnot.

Ultimately corporations have expenses related to the inputs in their process. I don't care if its the services of a CEO or a cashier. You shouldn't overpay for it. Those corporations that do will suffer proportionately as a result of it. We see this with baseball teams that have bloated payrolls with older, unproductive players, those teams tend to suffer (kind've like the Yankees did with Arod and Texiera, fact that neither is a CEO is beyond the point, same premise holds for highly compensated employees).
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Millions of shareholders vote every day when they decide to buy, sell, or hold. They also vote the shares of the stock they hold. If the stock holders feel the CEO and board is overpaid, they are not obligated to remain with the company.
 
beefheart said:
Won't matter, she will be gone from this earth in a few months...then its either jughead or son of jughead in the ceremonial role of inbred royal twit.

Canadians are nice but for crissakes, the once had a football team named the Roughriders and another one named the Rough Riders in the same league.

I'm just glad we got John Candy and Martin Short and Catherine O'Hara from them.

They are stuck with Rich Little....
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Yeah but you also got Justin Bieber. And Canadians aren't necessarily nice, we just leave it all on the ice. Nothin' but mellow walking out the arena doors.
 
Grand Mal said:
Yeah but you also got Justin Bieber. And Canadians aren't necessarily nice, we just leave it all on the ice. Nothin' but mellow walking out the arena doors.
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Gordon is cool.

My grandfather was born in Moncton, spoke french when he was a child, big family, parent died, his dad married into another big family. He was self educated, became a ship's captain on lake Michigan, until his wife made him stop doing what he loved. I got the Irish citizenship from his wife, my grandma, if I could also get a Canadia citizenship from him I would. Better to be Arcadian than Cajun...
 
Gonzo Rodeo said:
If the average worker could do half of what the average CEO could do, I'd say the average worker would deserve half of what the average CEO makes.
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Harvard economist Gregory Mankiw defends the high earnings of the top one percent in the U.S. with atheory of just deserts, claiming that the rich contribute more to society than others do. This essay disputes
the theoretical underpinnings of his argument, which rest on neoclassical economic theories of marginal productivity and human capital. These theories reinforce a psychological bias known as “belief in a just world” and their undue influence extends to recent discussions of rent seeking behavior that lead to distinctly unjust deserts. Emphasis on examples of bad behavior or efforts to game the system can deflect attention from more profound forms of distributional conflict. Differences in bargaining power based on citizenship, class, race/ethnicity and gender exert a significant—and unfair—influence on labor market
outcomes.
http://cdn.equitablegrowth.org/wp-c...-earnings-inequality-and-bargaining-power.pdf
 
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