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And he become CEO in August so it's not even a year.
Now i'm not saying he should get $1M or so but whatever he's doing is it really worth this vast amount??
I know Google employees are also making good but they are probably on average at $100K range.
So he's paid like 2000x
What an unbelievable system.
I wonder how much tax he's gonna pay.
Probably not much
I guess on a 4 or 5 year tenure he'll be a billionaire.
And here we are talking about manufacturing and unemployment.
This is a broken system i'm afraid.
We can argue all day but i don't see light at the end of the tunnel
once again i ask, why do you care? how does it affect you personally? and you do realize that CEOs do not set their own pay, the board of directors does via contract with said CEO. you can complain about our "broken system" all you want, but we do live in a capitalist society, and these CEOs you are complaining about run multi national corporations, which means they have a heavy responsibility to the shareholders of the company, not to you, unless you are a shareholder.
I, as a Liberal, am completely in favor of unfettered capitalism without any government subsidy or guarantee against failure but with enough regulation to prevent monopoly in all its forms. Capitalism is a great economic system. We should try it sometime.
Exactly.......a large portion of those who preach Capitalism don't actually want to practice it.
So lets put a nice neat little bow on all of this, earlier in the thread you called me too young or that I had too bad of a memory to not know something that you just stated you don't know either?
And anyway, here is why you are wrong....the biggest ones out there at the time failed, no government money saved Pets.com or eToys.com which were some of the biggest failures in the first dot com boom. You are just flat out wrong about comparing any of this to how the government bailed out the big banks and the auto industry, its apples and oranges....rotten apples and oranges at best.
Without Q.E. the kind of money that went into the Facebook stock is not there. Every time the minimum wage worker pulled up to a gas pump and had to pay $4.00 for a gallon of gas they were financing the riches of a select few. It was only a select few allowed to buy into Facebook initially.
It's being reported that in Nevada 57% said they voted as they did as a result at being pissed off at the government. It's going to be interesting.
The way society works if you look at it historically, rich people screw poor people over, poor people turn around screw rich people over and it goes back and forth. Once the wealth become too concentrated like what is happening now, **** usually hits the fan.
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