Can you justify the pay increase of CEO's as compared to everyone else or not? It was a very simple question that was asked of you.
Kobe does not get to pick his compensation committee, does he?
The assumption that CEO pay has anything to do with efficient markets is fundamentally flawed.
The free-market very often does not set CEO pay, CEOs do.
Nice work if you can get it.
Can you justify the pay increase of CEO's as compared to everyone else or not? It was a very simple question that was asked of you.
Heck, this is such a great country, that some can create Facebook, a social network for those who are insecure, narcissistic and have low self-esteem
, and become a billionaire.
You're so fixed on this being some kind of an argument against rich people that you can't see the actual point of the OP. If you would for one second read the OP, ready Teysha's post, and read some of what RG is trying to tell you about how CEO's get paid you might understand the point.
Darrin I'm not sure you have one critical thinking bone in your body.
Heck, this is such a great country, that some can post a bunch of nonsense from work and pretend he's worth every penny he's being paid.
He has software patents.
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An ad-hominem made out of strawmen. That's impressive.
Why is the argument any different for CEO's than it is for professional athletes or Hollywood actors? They each negotiate their salary and generate wealth for the people paying them.
thats ing stupid
Honestly, you can't see the difference between a defensive tackle and a CEO?
The millions of people employed by companies run by Defensive Tackles since 1980 have not see growth in their salary while Defensive Tackles salaries have soared. Warren Sapp also gets a of a lot of pull in what legislation is passed and who the legislators are that pass it.
No difference at all really.
Kobe makes about 20 million/year and the CEO of GE makes about 15 million/year.
A-Rod makes about 28 mil/yr.
Oprah makes about 223 mil/yr. She's a celeb and CEO so you can hate her twice as much.
you are this stupid.
Why do you hate rich people like Oprah?
When was the last time you saw an athlete handed billions of dollars for drastically under-performing? Keep in mind, this is TOTALLY SEPARATE of his existing contract.
The scale in pay here is completely different. The Wizards paying Gilbert Arenas $40,000,000 doesn't really matter in the long term scheme of things. Several CEOs getting tens of billions of dollars of company money for tanking said company most certainly makes an impact on that business.
The most damning thing of all though, is that you do see athletes treated this way when they behave in the way many CEOs lately have. Pete Rose is continually vilified for what he did to baseball, which is nothing compared to what happened in Enron and tens to hundreds of other companies.
Its not really about CEO pay so much as it is the fact that they control the pay, they control the pay of those under them, and they've used that control to funnel pay increases to themselves but not to anyone else.
The CEO's have their hands on the pump that gives us all water and while they bathe in that water the rest of us barely have enough to drink and people like Darrin think its because THEY deserve it and the rest of us just aren't trying hard enough. Quite frankly, its almost like Stockholm syndrome.
Why do you hate critical thinking?
Still, people like Gates, Jobs, Larry Page, Sergey Brin, etc. etc. etc. have CREATED (not saved) a TON of jobs and spin-off industries. None of those guys are conservatives BTW.
I don't. I hate socialists.
Darrin, actors and football players are entertainers. That's quite abit different than the position of CEO of a corporation, don't ya think?
Along with that difference, are a host of other differences, not the least of which is what cons utes "earned" pay.
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Fine. Throw out athletes and actors, even though the growth in their salaries have far outpaced the "underlings" that work for them in supporting roles.
I still brought up examples of Bill Gates, Steve Jobs, Larry Page, Sergey Brin, and yes, Oprah Winfrey, who is CEO of Harpo Productions. Do you have issues with these liberals paying themselves billions? Once they've paid their expenses, paid their employees compe ive wages, paid their stockholders, and paid their taxes, what do you want them to do with what they have left over?
Did Oprah run her business into the ground and took a golden parachute from it?
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