How are they taking by force? I see people voting in corrupt politicians voluntarily to steal others money. If anything, the liberals are raping the achievers.
Who are you to say they don't?
Everyone has the opportunity to better themselves and the chance to achieve great wealth. You should strive to be one of them instead of trying to steal from them.
How are they taking by force? I see people voting in corrupt politicians voluntarily to steal others money. If anything, the liberals are raping the achievers.
Patently false. To wit:
Did the Home Depot chairman who tanked the company's stock deserve a $240M severance package when they forced him out?
http://www.wsws.org/articles/2007/ja...home-j08.shtml
A friend of mine once remarked: There are two kinds of Republicans, millioniares and suckers.Shareholder outrage over exorbitant compensation and persistently low stock performance forced Home Depot head Robert Nardelli to abruptly resign last Wednesday. The chief executive and chairman is taking with him at least $210 million in severance , including a cash payment of $20 million and stock options currently worth at least $77 million.
Notably, the total amount of Nardelli’s “golden parachute” is worth seven times the $30 million earmarked for those among the retail chain’s 355,000 employees who demonstrated good customer service. Home Depot is the second-largest US retailer behind Wal-Mart.
Last edited by RandomGuy; 11-09-2010 at 08:37 AM.
Good point Chuck.
Heck, I can remember thinking that $1000 a month salary was a fortune. I make more than that a week and like you, in the higher-end of a 5 figure salary, and still clip coupons.
class warfare thread
original
Run along to youtube -- it's not too late to e it up with some 3rd-party content.
I guess he wasn't a good enough consideration when they took him on to sign the contract that gave that to him. Maybe instead, those running the lower levels that agreed tomhis golden parachute were the stupid ones, who aren't earning their keep.
Oh so when a CEO negotiates the employees are stupid but when a Union does the same thing its the employees who are still being stupid.
I've never seen someone twist and spin so much.
Oh so when a CEO negotiates the employees are stupid but when a Union does the same thing its the employees who are still being stupid.
I've never seen someone twist and spin so much.
I started to write this argument off due to the asinine comparison of corporate pay to corrupt, foreign political structures..as if this were anything close to a valid comparison.
Then I remembered when my ex CEO got fired for cooking the books in an aquisition that, when fully vetted, ereased 11 billion dollars via our stock tanking virtually overnight. My retirement was roasted...as was everyone else who was profit sharing. People who were planning on retiring were boned. The walked away with 15 million, 5 years of rent free office, staff and car allowance for the same time. This was awarded to him by the BOD who themselves, were CEO's of other companies.
Suddenly, the OP seemed a little less ridiculous.![]()
The problem, of course, is that most people don't earn what they deserve.
A two line response from Smiley-boy.
Shocking.
Boards of directors are often chosen by... the Chairman. The compensation committee is chosen by that board. The Chairman of the Board often happens to be... the CEO.
If I got to pick the people who decided how much to pay me, I would be making a of a lot more than I am now.
I can show you a study done that shows an INVERSE correlation between CEO pay and stock performance.
Lastly, you are assuming the rank and file of any corporation actually knows how much the CEO is paid. They don't, anymore than the average shareholder.
Sorry, blaming the victim doesn't work here.
Damage control. The less DarrinS says the less likely he is to shoot himself down.
It's really unfair that Kobe Bryant makes more than a towel boy.
![]()
Anybody still waiting for their share of the trickle down (and other Repug/conservative lies)?
I know you've proven time and time again that you lack the ability to understand context of sociological (or any) debates but this is especially funny.
They have the power and they use it to their benefit while the others flounder. Of course, as long as our standard of living is relatively better than others in the world (as has been pointed out in this thread) people will be fine with it.
This is seriously sig worthy. Are you purposely that naive?
What determines how much a CEO is worth?
What determines how much Kobe, Lebron, etc. make a year?
What determines how much a movie star can make per film?
Are you trying to justify the pay CEO's make and the increase that pay has undergone while the rest of the country has floundered? I mean really?
Darrin if you can do so, then I'd love to read it. I'm not even kidding.
Hasn't the pay of athletes and Hollywood actors outpaced the pay of your "average joe"?
Why is that?
By they way, companies like Microsoft have created a LOT of wealth for other people (even some secretaries became millionaires) -- not to mention, millions donated to charity.
For the record, neither Bill Gates or Steve Jobs are conservatives.
Smiley-boy strikes again
leaving us all astonished
at his brevity.
HA!
(edit. changed post into haiku form, cause its funny that's why)
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