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Yes, the CEOs of ALL companies should abide by a FIXED ration of CEO pay to the average worker's pay - I don't care if they are in the business of flipping burgers, or the business of papering the world with their worthless CDOs.
That is ridiculous! That is NOT how the United States works - nor should work. You can, and should, be able to earn as much as you legally can without any limitations.
If I start a business - it is MY business to decide how much I earn - not the government - and certainly not you.
IMO a man getting 50 million in this country today is immoral;
I fundamentally agree with you, but I would stop short of saying that it is a matter for government intervention UNLESS their company was rescued by taxpayer bailout money. In that scenario, the one we are talking about in this thread, the President is absolutely doing the right thing by limiting executive pay. I strongly disagreed with the bank bailouts, but having been done....
And even in the non-bailout scenario, pay at that level is so offensive to basic sensibilities that it is a formula for failure long term. People are fed up with obscene levels of corporate greed while so many suffer on the brink of homelessness. The party is over as people are waking up and speaking up.
Exactly. But I am a labeled a communist, bcs I care about how people are treated, and people are fed up with CEOs jetting in for bailout money from GM,etc.
Its pathetic and not what America stood for, what my father fought in the war for, when did the far-right incorporate big business, lobbyists and PAC's with doing good for America? Disgusting.
Bank of America rapes and pillages their customers with usury, then gets bailed out, then some loser gets 50 million....This is just wrong.
That is ridiculous! That is NOT how the United States works - nor should work. You can, and should, be able to earn as much as you legally can without any limitations.
If I start a business - it is MY business to decide how much I earn - not the government - and certainly not you.
Exactly. But I am a labeled a communist, bcs I care about how people are treated, and people are fed up with CEOs jetting in for bailout money from GM,etc.
Its pathetic and not what America stood for, what my father fought in the war for, when did the far-right incorporate big business, lobbyists and PAC's with doing good for America? Disgusting.
Bank of America rapes and pillages their customers with usury, then gets bailed out, then some loser gets 50 million....This is just wrong.
Leaving Bank of America felt so good despite the fact that the teller was all telling me how I was going to regret it. When asked why I was leaving I told him that I was sick of their practices, sick of the fees, sick of hearing how they support illegals and most of all-the fact that their CEO got 50 million dollar bonus AFTER getting bailed out.
He then says "I hate to see you leave just because of a couple fees."
I was like "Sir. I dont know how much YOU make sitting here. But I go to college and have a job that does not pay anywhere as well as YOUR job does. A couple of "fees" makes a difference."
He did not have much to say after. Go figure, huh?
What massive degrees do those managers need? Are you talking about administrators of health care systems and medical centers, or someone who runs a CNA temp agency?
You cant read the link to see that managers, regardless of their degress make $80K + a year? First liberals complain that people arent paid a living wage, now you guys are complaining that they are.
Yes, the CEOs of ALL companies should abide by a FIXED ration of CEO pay to the average worker's pay - I don't care if they are in the business of flipping burgers, or the business of papering the world with their worthless CDOs.
So a hospital with a yearly net operating budget of $5,000,000 should be able to pay their CEO $4,000,000 (50 times average employee pay) but McDonalds, with a yearly net operating budget of $4,313,000,000, should only be allowed to make $832,000? Really, thats your argument? That those with less net operating budgets should pay more?
How about authors, how do you think they should profit from a book? 50 times the books cover price? (i.e. $1250 for a $30 book?)
How about people who give speeches, what do you consider "fair"?(Clintons hundred million dollars since leaving the White House for example).
Do you think people like me who own properties and invest in the market should have our profits capped also? I bet you think we should return all profits to the tenants after we have reached what you deem to be a "fair quota"...
And people wonder why liberals are called communist lately, your posting is a prime example of such..
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