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Why is THIS always the counterpoint from any union guy? Do you think he was born with the privilege of being CEO? This CEO position was carved out for him the minute he was born? You think he didn't work for it? You think he didnt work long hours, study long hours, bust his ass?
Why do you feel you deserve more money and he deserves less? I'm curious about this line of thinking.
I don't doubt he worked hard. But so has the middle/upper manager.
I don't think any person who is essentially a caretaker of an existing company and who didn't build it like the Walton family did deserves that obscene amount of money. Especially when many of his employees rely on the govt. to survive.
Some CEOs are downright awful during their tenures and get paid obscene amounts of money with golden parachutes to boot.
Why is THIS always the counterpoint from any union guy? Do you think he was born with the privilege of being CEO? This CEO position was carved out for him the minute he was born? You think he didn't work for it? You think he didnt work long hours, study long hours, bust his ass?
Why do you feel you deserve more money and he deserves less? I'm curious about this line of thinking.
Exactly. What common people do not fully understand is that the ability to run a multi-national organization consisting of thousands or tens of thousands of employees is an unbelievably unique and rare talent. Very few people could ever hope to be good enough or strong enough to do it. They are absolutey worth 1000 times or 2000 times or 10000 times what some low level employee is worth. And yes, they get paid millions and millions of dollars because that is what they are worth to the value of the companies they run. And they get sweetheart golden parachute deals because that is what it takes to sign them and to get their rare talents and commitment. Much like the competition that takes place over a star athlete with a rare skill set. Corporate CEOs are the cream of the American business crop. I know the haters don't want to admit that, but it is true. And boards of directors comprised of very smart people know that and pay a high premium to get these people.
Most people can't even keep their dopey families organized, these individuals do it on an unimaginable scale and do it well in most cases. If any Joe Blow could do it, the salaries would reflect the common talents similar to those on display by the rest of us.
Anecdotes of the occasional corrupt or insufficiently competent individual notwithstanding, the top corporate CEOs are worth every penny of what they get. They are heroes and deserve our admiration and respect.
Exactly. What common people do not fully understand is that the ability to run a multi-national organization consisting of thousands or tens of thousands of employees is an unbelievably unique and rare talent. Very few people could ever hope to be good enough or strong enough to do it. They are absolutey worth 1000 times or 2000 times or 10000 times what some low level employee is worth. And yes, they get paid millions and millions of dollars because that is what they are worth to the value of the companies they run. And they get sweetheart golden parachute deals because that is what it takes to sign them and to get their rare talents and commitment. Much like the competition that takes place over a star athlete with a rare skill set. Corporate CEOs are the cream of the American business crop. I know the haters don't want to admit that, but it is true. And boards of directors comprised of very smart people know that and pay a high premium to get these people.
Most people can't even keep their dopey families organized, these individuals do it on an unimaginable scale and do it well in most cases. If any Joe Blow could do it, the salaries would reflect the common talents similar to those on display by the rest of us.
Anecdotes of the occasional corrupt or insufficiently competent individual notwithstanding, the top corporate CEOs are worth every penny of what they get. They are heroes and deserve our admiration and respect.
You've pretty much turned into an obnoxious jerk in this thread. It's time for you to head to the ignore list.
Exactly. What common people do not fully understand is that the ability to run a multi-national organization consisting of thousands or tens of thousands of employees is an unbelievably unique and rare talent. Very few people could ever hope to be good enough or strong enough to do it. They are absolutey worth 1000 times or 2000 times or 10000 times what some low level employee is worth. And yes, they get paid millions and millions of dollars because that is what they are worth to the value of the companies they run. And they get sweetheart golden parachute deals because that is what it takes to sign them and to get their rare talents and commitment. Much like the competition that takes place over a star athlete with a rare skill set. Corporate CEOs are the cream of the American business crop. I know the haters don't want to admit that, but it is true. And boards of directors comprised of very smart people know that and pay a high premium to get these people.
Most people can't even keep their dopey families organized, these individuals do it on an unimaginable scale and do it well in most cases. If any Joe Blow could do it, the salaries would reflect the common talents similar to those on display by the rest of us.
Anecdotes of the occasional corrupt or insufficiently competent individual notwithstanding, the top corporate CEOs are worth every penny of what they get. They are heroes and deserve our admiration and respect.
And you expect us to take you seriously...common people, dopey families, really and to the throne you were born I assume
I would run, and win. But I can't beat Christie after that damned storm. I am not responsible for any of my posts tonight. I decided to OD on white wine. Somebody check my spelling and grammar.
Not if the general public read your posts here with your very visable disdain of the low income workers, your disdain of unions and your disdain of raising the minimum wage and I would make it my mission in life they found out
Exactly. What common people do not fully understand is that the ability to run a multi-national organization consisting of thousands or tens of thousands of employees is an unbelievably unique and rare talent. Very few people could ever hope to be good enough or strong enough to do it. They are absolutey worth 1000 times or 2000 times or 10000 times what some low level employee is worth. And yes, they get paid millions and millions of dollars because that is what they are worth to the value of the companies they run. And they get sweetheart golden parachute deals because that is what it takes to sign them and to get their rare talents and commitment. Much like the competition that takes place over a star athlete with a rare skill set. Corporate CEOs are the cream of the American business crop. I know the haters don't want to admit that, but it is true. And boards of directors comprised of very smart people know that and pay a high premium to get these people.
Most people can't even keep their dopey families organized, these individuals do it on an unimaginable scale and do it well in most cases. If any Joe Blow could do it, the salaries would reflect the common talents similar to those on display by the rest of us.
Anecdotes of the occasional corrupt or insufficiently competent individual notwithstanding, the top corporate CEOs are worth every penny of what they get. They are heroes and deserve our admiration and respect.
Really??? Hero??? My heros are sleeping in the sand half way across the world defending our freedom so we can make dopey posts. Or out patrolling somewhere in the hood....my heroes either wear camo or blue not a 3 piece suit.
Exactly. What common people do not fully understand is that the ability to run a multi-national organization consisting of thousands or tens of thousands of employees is an unbelievably unique and rare talent. Very few people could ever hope to be good enough or strong enough to do it. They are absolutey worth 1000 times or 2000 times or 10000 times what some low level employee is worth. And yes, they get paid millions and millions of dollars because that is what they are worth to the value of the companies they run. And they get sweetheart golden parachute deals because that is what it takes to sign them and to get their rare talents and commitment. Much like the competition that takes place over a star athlete with a rare skill set. Corporate CEOs are the cream of the American business crop. I know the haters don't want to admit that, but it is true. And boards of directors comprised of very smart people know that and pay a high premium to get these people.
Most people can't even keep their dopey families organized, these individuals do it on an unimaginable scale and do it well in most cases. If any Joe Blow could do it, the salaries would reflect the common talents similar to those on display by the rest of us.
Anecdotes of the occasional corrupt or insufficiently competent individual notwithstanding, the top corporate CEOs are worth every penny of what they get. They are heroes and deserve our admiration and respect.
city-data suggestion box: wouldn't it be great if a post could be memorialized and pop up next to a posters name, kind of like a sticky thread?
I see value to both sides. On the one side you spur on maximal innovation. But on the other, what good is innovation if most people cant afford it? To me, there is an innate sense of fairness to the individual in capitalism. Eat what you kill, survival of the fittest, etc. At the same time, not all humans are created equal and in many cases not created equally LUCKY, and compassion for one's fellow man is important. There has to be a minimum level, a floor, on how low we will allow our fellow man to sink before helping them. The trick is figuring out the correct level. Working ALWAYS has to be a better proposition than not working. And the dilemma for me is that I would like to see the workers get more of the pie than they are getting, and upper management to give some of it up, but at the same time it seems innately wrong and unnatural to me to go against Darwin. So I dont know how to go about achieving that.
Unfortunately, I don't think we can count on each other to voluntarily take care of each other. Capitalistic drive, for all its benefits, has THAT one flaw (one BIG flaw) that makes pure capitalism unworkable.
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