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Old 06-18-2009, 09:59 PM
 
Location: here.
1,359 posts, read 2,043,083 times
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Most Americans Favor Gov't. Action to Limit Executive Pay
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Old 06-18-2009, 10:01 PM
 
Location: Sacramento
13,781 posts, read 23,755,254 times
Reputation: 6174
Think they would agree with an executive pay cap linked with the elimination of minimum wage?
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Old 06-18-2009, 10:03 PM
 
Location: Great State of Texas
86,093 posts, read 72,297,737 times
Reputation: 27564
And then watch MOST companies relocate offshore so their CEO's can continue to receive that big fat paycheck.

Don't think it can't be done..global economy, fast internet, travel to anywhere in the world.
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Old 06-18-2009, 10:06 PM
 
Location: Midwest
4,210 posts, read 7,111,142 times
Reputation: 7032
Quote:
Originally Posted by HappyTexan View Post
And then watch MOST companies relocate offshore so their CEO's can continue to receive that big fat paycheck.

Don't think it can't be done..global economy, fast internet, travel to anywhere in the world.
That is exactly what would happen, faster than you can say "Thank God I'm a congresshomie and I and my family always get the best medical care money can buy, for life, for free!!!"
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Old 06-18-2009, 10:07 PM
 
Location: Not far from Fairbanks, AK
16,569 posts, read 28,657,060 times
Reputation: 12329
Quote:
Most Americans Favor Gov't. Action to Limit Executive Pay
I don't think so, unless we already are a socialist nation. The ones who have any rights to limit such would be the shareholders of a private company or corporation. But as the nation turns socialist (government owning the banks, automobile industry, etc.), then the government can dictate what these corporations should do, much like Chavez in Venezuela.

It's real difficult for me to believe how new generations or Americans aren't any smarter than sheep and cows. This is incredible!
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Old 06-18-2009, 10:10 PM
 
Location: here.
1,359 posts, read 2,043,083 times
Reputation: 432
Quote:
Originally Posted by RayinAK View Post
I don't think so, unless we already are a socialist nation. The ones who have any rights to limit such would be the shareholders of a private company or corporation. But as the nation turns socialist (government owning the banks, automobile industry, etc.), then the government can dictate what these corporations should do, much like Chavez in Venezuela.

It's real difficult for me to believe how new generations or Americans aren't any smarter than sheep and cows. This is incredible!
our govt owns one fifth of 1 % of assets in private companies....thats .20% and they plan to sell it....yeah socialist nation.

http://correspondents.theatlantic.com/conor_clarke/socialism%20chart.png (broken link)
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Old 06-18-2009, 10:31 PM
 
Location: Not far from Fairbanks, AK
16,569 posts, read 28,657,060 times
Reputation: 12329
Our government now owns approximately 60% of GM. Our government, because of the bailouts, forced Chrysler into some partnership with Fiat. It also owns a portion of the largest US banks, and can dictate to them whatever it wants. The same thing with Chavez in Venezuela. But Obama can in fact dictate whatever he wants to those corporations that accepted the bailout money, not private corporations that aren't owned by the government.

Last edited by RayinAK; 06-18-2009 at 10:40 PM..
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Old 06-18-2009, 10:41 PM
 
48,516 posts, read 83,675,284 times
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Most americans think that reparimen charge too much;that unions sit around collecting pay for nothing;that government workers are useless;that car salesman are all crooks as are lawyers;that they pay way too much in taes and the list goes on and on. So?
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Old 06-19-2009, 12:30 AM
 
1,045 posts, read 1,902,034 times
Reputation: 835
Quote:
Originally Posted by SouthCity09 View Post
our govt owns one fifth of 1 % of assets in private companies....thats .20% and they plan to sell it....yeah socialist nation.
Your missing the point (as they always do).

The point is, the government has no right or say in the decisions of private business or how they are to use their own money. To do that would mean the government effectively owns it even without the actual ownership of assets.
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Old 06-19-2009, 12:47 AM
 
Location: Texas
37 posts, read 50,463 times
Reputation: 18
Quote:
Originally Posted by BayDude View Post
Your missing the point (as they always do).

The point is, the government has no right or say in the decisions of private business or how they are to use their own money. To do that would mean the government effectively owns it even without the actual ownership of assets.
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