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Old 08-21-2009, 03:00 PM
 
9,763 posts, read 10,495,644 times
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Quote:
Originally Posted by HappyTexan View Post
Well it must be a good-ole-boy network because once a CEO leaves he then becomes a board member for another corporation and is still raking it in.

I musta missed that class in college
Silly commoner. The elite are bred, not educated.
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Old 08-21-2009, 03:00 PM
 
5,165 posts, read 6,034,684 times
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Quote:
Originally Posted by nvxplorer View Post
Yep. That's where they ultimately derive their power: government. (with the quid pro quo being campaign money.)

No. Corporate/government entanglement would be fascist, not socialist.
thanks you answerd my question in the post below yours.
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Old 08-21-2009, 03:27 PM
 
512 posts, read 858,534 times
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Quote:
Originally Posted by AnUnidentifiedMale View Post
I was kidding.

I do realize there's socialism for businesses in the U.S. Unfortunately, I don't think a lot of American citizens are aware of it - or at least they didn't mind it that much before Obama became President.
You know, I think one of the best things that has come out of this recession is that people are waking up to the fact both business and politics HAVE to be scrutinized by us, the public, and that our responsibility is to vote with out pens and our wallets if we don't like what's going on. I think people are at least trying to become more educated, and I'd like to think it'll help makes some changes in both business and politics.

Of course, I've been know to be naive before.
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Old 08-24-2009, 03:13 PM
 
5,165 posts, read 6,034,684 times
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Quote:
Originally Posted by cleoT View Post
You know, I think one of the best things that has come out of this recession is that people are waking up to the fact both business and politics HAVE to be scrutinized by us, the public, and that our responsibility is to vote with out pens and our wallets if we don't like what's going on. I think people are at least trying to become more educated, and I'd like to think it'll help makes some changes in both business and politics.

Of course, I've been know to be naive before.
I just do not think it is enough people. Greed and the need for power will always be prevalent.

case in point:

http://www.cnbc.com/id/32535976 (broken link)
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Old 09-02-2009, 11:28 AM
 
5,165 posts, read 6,034,684 times
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Quote:
Originally Posted by HappyTexan View Post
CEO's have a win/win situation.

Company does good CEO makes money.
Company does bad CEO gets removed and makes money.

The job of the CEO is to make money for the company. He is beholden to the board and the shareholders. As long as he stays within legal boundaries then he is "Superman".
they sure do:

Bailed-out bankers to get options windfall: study - Yahoo! Finance (http://finance.yahoo.com/news/Bailedout-bankers-to-get-rb-728839500.html?x=0&sec=topStories&pos=7&asset=&cco de - broken link)=

I keep wondering why liberals really enjoyed bailing these guys out with our tax dollars.
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Old 09-02-2009, 11:34 AM
 
19,226 posts, read 15,265,416 times
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Quote:
Originally Posted by nvxplorer View Post
Yep. That's where they ultimately derive their power: government. (with the quid pro quo being campaign money.)

No. Corporate/government entanglement would be fascist, not socialist.
Finally, someone gets it right!
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Old 09-02-2009, 11:37 AM
 
19,226 posts, read 15,265,416 times
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Quote:
Originally Posted by nvxplorer View Post
Silly commoner. The elite are bred, not educated.
Love it!
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Old 09-02-2009, 11:40 AM
 
48,505 posts, read 96,540,710 times
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Quote:
Originally Posted by nvxplorer View Post
Yep. That's where they ultimately derive their power: government. (with the quid pro quo being campaign money.)

No. Corporate/government entanglement would be fascist, not socialist.
Facism as has been practiced is national socialism in that but socailist and facist governments control the means od production and the product of that production. They both are centralized controlled economies.Only minor differences really.
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Old 09-02-2009, 11:46 AM
 
Location: Londonderry, NH
41,478 posts, read 59,566,204 times
Reputation: 24857
Texdave - incorrect as usual.
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Old 09-02-2009, 11:46 AM
 
Location: Great Falls, Montana
4,002 posts, read 3,892,371 times
Reputation: 1398
Quote:
Originally Posted by HappyTexan View Post
Well it must be a good-ole-boy network because once a CEO leaves he then becomes a board member for another corporation and is still raking it in.

I musta missed that class in college
The way it's been lately is that when you fail as a CEO, the government appoints you to an even higher position at the Fed .. I'll cite Alan Greenspan or Henry Paulson as an example here.

.. this is how our plutocratic government works ..
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