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Old 09-12-2016, 03:10 PM
 
Location: Texas
37,949 posts, read 17,882,153 times
Reputation: 10371

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Quote:
Originally Posted by desertdetroiter View Post
Because some, like Carly Fiorina, run companies into the ground, and then walk away with fat golden parachutes.

Why does anyone care about how much a burger flipper makes? Huh? How about THAT!
Some? A boatload do. Got to hand it to them, getting paid for ruining a company. Just like the bailouts did.
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Old 09-12-2016, 03:12 PM
 
Location: New Orleans, La. USA
6,354 posts, read 3,657,563 times
Reputation: 2522
Quote:
Originally Posted by BentBow View Post
You do not have shareholders to satisfy. Way to move the goal post a little in the scenario to justify a false narrative.
I have no shareholders. But I still understand treating workers fairly, the fundamentals of business, and what the words "We the People" mean.

And not all corporations are about cut throat business. Corporations like Google give their workers high salaries and perks like free daycare and a car to use if workers need one. And Google (and their workers) do incredible charity work to make life better for other people. And still Googles founders, CEO's, and founding shareholders are very rich.

As our constitution says,

"We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."

How does our constitution say Americans should run a business or corporation?

A.) Like Google.
B.) Doing pure cut throat business that hurts people.
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Old 09-12-2016, 03:12 PM
 
Location: Midwest
38,496 posts, read 25,835,417 times
Reputation: 10789
Quote:
Originally Posted by InformedConsent View Post
Nope. CEOs and other C-level executives are paid via significant amounts of corporate stock shares transfers rather than in direct cash income payments. If they profit from owning those shares, so do the tens of millions (if not more) American workers and retirees who have a combined $27 Trillion invested in their pension/retirement accounts.

Want to crash tens of millions of people's pensions/retirement accounts? Keep hounding the same ill-informed opinions you've been spewing.

Let me see Kathy Kristof's knowledge or your opinion. I think I'll stick with the Harvard law article.
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Old 09-12-2016, 03:16 PM
 
Location: Midwest
38,496 posts, read 25,835,417 times
Reputation: 10789
Quote:
Originally Posted by Mighty_Pelican View Post
What has anyone who makes more than you done to oppress you? If you have actual proof that your rights are being violated, get in touch with the respective prosecuting attorneys office.
Gee. Who would have thought community would have been your hot button.
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Old 09-12-2016, 03:18 PM
 
Location: Midwest
38,496 posts, read 25,835,417 times
Reputation: 10789
Quote:
Originally Posted by LibertyandJusticeforAll View Post
Walmart employees..... Simple question.
When you take the job of your own free will, are you forced to stay at walmart forever make the same amount and or find another job that pays more.

Its interesting how Freedom to make money some how is resolved by force in taking money from others to increase everyone's salary. WALMART the company believes the CEO is worth 25.6 million dollars. You arent paying him are you? So what is the problem.
I suppose they could go to work for Shopko that pays 10 cents more per hour.
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Old 09-12-2016, 03:19 PM
 
Location: Houston
26,979 posts, read 15,902,520 times
Reputation: 11259
Quote:
Originally Posted by chad3 View Post
I have no shareholders. But I still understand treating workers fairly, the fundamentals of business, and what the words "We the People" mean.

And not all corporations are about cut throat business. Corporations like Google give their workers high salaries and perks like free daycare and a car to use if workers need one. And Google (and their workers) do incredible charity work to make life better for other people. And still Googles founders, CEO's, and founding shareholders are very rich.
What is the average education and skill level of Google employees versus Walmart employees?

Walmart workers should apply for jobs at Google.
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Old 09-12-2016, 03:21 PM
 
Location: Houston
26,979 posts, read 15,902,520 times
Reputation: 11259
Quote:
Originally Posted by jojajn View Post
I suppose they could go to work for Shopko that pays 10 cents more per hour.
Or they could educate themse;lves or acquire other skills.

You hit the nail on the head. They are unlikely to do much better anywhere else.
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Old 09-12-2016, 03:37 PM
 
Location: Midwest
38,496 posts, read 25,835,417 times
Reputation: 10789
Quote:
Originally Posted by InformedConsent View Post
Nope. CEOs and other C-level executives are paid via significant amounts of corporate stock shares transfers rather than in direct cash income payments. If they profit from owning those shares, so do the tens of millions (if not more) American workers and retirees who have a combined $27 Trillion invested in their pension/retirement accounts.

Want to crash tens of millions of people's pensions/retirement accounts? Keep hounding the same ill-informed opinions you've been spewing.
Here is how that worked in the not so distant past:

Quote:
"The way CEOs were paid was based on revenue growth, so they threw their companies toward
riskier and riskier business," the AFL-CIO's Pedrotty said. "Then they cashed out before the
bubble burst and left all of us holding the bag."
Again, how does this hit your 401(k)? Well, you probably own a piece of Citigroup (C, news,
msgs), one of the 30 companies that make up the select Dow Jones Industrial Average ($INDU).
Then-CEO Charles Prince took in a total of $41.5 million from 2005 through 2007 as the bank
delved deep into the credit mess. From around $50 at the start of 2005, shares have fallen to
around $2.50 today.
http://www.law.harvard.edu/programs/...9_MSNMoney.pdf



BTW, how did your stock in Enron do for you?

Quote:
During August 2000, Enron's stock price attained its greatest value of $90.56 [25] At this time Enron executives, who possessed inside information on the hidden losses, began to sell their stock. At the same time, the general public and Enron's investors were told to buy the stock. Executives told the investors that the stock would continue to increase until it attained possibly the $130 to $140 range, while secretly unloading their shares.
https://en.wikipedia.org/wiki/Enron
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Old 09-12-2016, 03:44 PM
 
Location: Texas
37,949 posts, read 17,882,153 times
Reputation: 10371
Quote:
Originally Posted by whogo View Post
There are 2.1 million Walmart employees. If they work on average 1219 hours a year the CEO could forego his compensation so all other Walmart employees could make an extra penny an hour.
Does he have a safe in his house?
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Old 09-12-2016, 03:51 PM
 
Location: annandale, va & slidell, la
9,267 posts, read 5,125,155 times
Reputation: 8471
Quote:
Originally Posted by whogo View Post
There are 2.1 million Walmart employees. If they work on average 1219 hours a year the CEO could forego his compensation so all other Walmart employees could make an extra penny an hour.
His pay is none of your business, and he earned every penny of it according to the shareholders. Envy is a *****, eh?
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