Obama's got some cajones.

[Serif]

Tyche don't get drawn in....

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOoooooooooooooooooooooooooooooooooooooooooooo ooooo

[Headspace]

Finally this thread is worth reading.

[wipers]

It is about liberals "knowing better than you" that is what they do best. They don't trust the "lesser" "conservative" "republicans" etc. They want to restrict are individual freedoms and group us together so they can control us. Also on a similar note how does Obama plan to get us out of a recession when he has the highest deficit ever. So let me get this straight raising taxes is going to the stimulate the economy how ?

[Kuya]

Problems with the morons in this thread:
- They see rich people and instantly conclude that they couldn't possibly have earned that money.
- They see rich people and conclude that they don't deserve the money that they've earned
- They see rich people and conclude it's a problem that must be fixed
- They see success and conclude it must be unfair and unmerited success
- They think the government, by telling CEOs how much their time is worth, can run businesses better than businessmen.

Really?


So you're going to jump in, scream "YOU EARN TOO MUCH!", lower the guy's salary, he quits, and then the government has to come up with a solution. Well, you need someone who is capable to do the job. That means you have to offer them something another company won't beat. But, oh wait, other companies can pay them more because they don't have CEO caps. So it means you have to find someone who can't do any better than your crappy price. Which means you have to find someone under qualified. Or worse, someone from the government. And then you put them in charge of the company. But then you and your socialist friends debate over whether or not you should run this corporation into the ground by running it "for the people" or let some half-brain run it for profit. Lose, lose situation there.

People are paid what they are paid because they are clearly worth it. If they were not worth it, they wouldn't be paid so much.

I absolutely agree with you. These idiots whining about the success of others annoy me. These assholes would probably complain about how people don't deserve minimum wage even though their deserve it or else they wouldn't be paid it. I love you leaf man.

[Shiroikage]

Capitalism is better than anything else we have.
You guys need to learn about laissez-faire systems.

[Stiker]

Problems with the morons in this thread:
- They see rich people and instantly conclude that they couldn't possibly have earned that money.
- They see rich people and conclude that they don't deserve the money that they've earned
- They see rich people and conclude it's a problem that must be fixed
- They see success and conclude it must be unfair and unmerited success
- They think the government, by telling CEOs how much their time is worth, can run businesses better than businessmen.

- no, that's retarded
- no, again that's retarded
- no, still retarded
- I wasn't aware driving companies into the ground was deemed a success
- I'm sorry, but when said CEOs/companies accepted bailout money the government more or less became a major shareholder in said companies, and guess what, CEOs are held responsible by their investors.

[Leif]

It is about liberals "knowing better than you" that is what they do best. They don't trust the "lesser" "conservative" "republicans" etc. They want to restrict are individual freedoms and group us together so they can control us. Also on a similar note how does Obama plan to get us out of a recession when he has the highest deficit ever. So let me get this straight raising taxes is going to the stimulate the economy how ?

I like you. I hope you aren't faking it like all these other losers (see below).

I absolutely agree with you. These idiots whining about the success of others annoy me. These assholes would probably complain about how people don't deserve minimum wage even though their deserve it or else they wouldn't be paid it. I love you leaf man.

When someone as Un-American as you claims you believe something I say, I instantly know you are lying or being sarcastic.

Minimum wage is a job killer. Like price caps (Nancy Pelosi's new fetish), it slows down the economy and it discourages the pursuit of success.

- no, that's retarded
- no, again that's retarded
- no, still retarded

I surrender!

- I wasn't aware driving companies into the ground was deemed a success

You missed the point (see: kindergarten lecture on "how you can be anything you want to be").

- I'm sorry, but when said CEOs/companies accepted bailout money the government more or less became a major shareholder in said companies, and guess what, CEOs are held responsible by their investors.

Absolutely. You're completely right. There is nothing dishonest about government-imposed caps on CEO salaries for companies that they are major shareholders in. It's stupid anyways. It's not good business.

[Kuya]

When someone as Un-American as you claims you believe something I say, I instantly know you are lying or being sarcastic.

Minimum wage is a job killer. Like price caps (Nancy Pelosi's new fetish), it slows down the economy and it discourages the pursuit of success.

Not true, i am very American. I believe in the free market and hate communism. Though lately i am wondering if you really do believe in capitalism with how terrorist loving you've been acting.

But i digress, you are right, minimum wage is a bad thing because it interrupts the free market and its work. If the free market decides what the wage is, then that is what it really is. Similarly, if the free market decides to give tax payer money to banks, who are we to complain? You are so smart leaf, that i just want to have non-homosexual relations with you.

[Shiroikage]

Poor people have no desire for success because if they did, they would be these CEOs.

[Kuya]

Actually leaf, i'm starting to wonder whether you really are conservative, seeing as how you don't want the military to have more money and expect us to defend ourselves with flowers or something from terrorists. So i don't see why you question my undying patriotism when you are so shady.

[Conformity]

While I don't have strong feelings either way on if this is good or bad, as I can see both PoV's, I think it's absurd to think that there aren't companies that wouldn't line up to hire some of these individuals, especially in foreign markets, and certainly for the lot that make no more than $200,000. Sorry, $200,000 is chump change in some of the larger metro areas...

While I can't speak for every CEO, I think a select few have given the lot a very bad rep, and caused a public outcry that CEO's in general are overpaid. I really don't feel thats the case at all.

CEO's should not be paid more than 20x the wages of the lowest paid employee.

- A Paraphrased statement by Adam Smith - Wealth of Nations (I believe)


niggaz go read wealth of nations

[Ksandra]

Some people are missing the point that this is not something that is happening to all CEOs, but specifically to those that requested bail out money.

If a company is extremely successful and you pay your works well, and can get a lot of extra cash to pay yourself is one thing.


If you can't (or more like refuse) to pay your workers, but fly in your own private jet to ask the government for money and claim it's the unions fault when you are still making a shitton, then there's a problem.

Equally most of those companies took that money and put it into their pocket and did very little to "improve" the situation.

It is pretty obvious the government should never have given them the money in the first place and told the CEOs to take their paycuts so they can pay their workers if they want to keep going. THis is just a way to correct the issue since the bailouts did nothing.

[kuronosan]

Eh, I would think it's fair to limit the salary of companies who misused the bailout money. I don't think you should cap someone's salary just because they earn a lot. If it's their business or they are running it then they deserve the money.

I guess I can't help but ride the fence on this. The government shouldn't be able to go in and bark at someone for making too much money - yes - but, if they're taking government money and misusing it then the government has a right to intervene because, surprise surprise, it's TAXPAYER MONEY.

So unless you want your money wasted by greedy companies who make more than you'll ever hope to make because of how capitalism works, I suggest you just shut up.

[Ishido]

The government is stepping in to do what CEOs should have been doing themselves, limiting luxuries in order to help the company while it is failing.

I'm usually not one to be anti-wealth, but this just seems like simple business ethics to me.

[meson]

People are paid what they are paid because they are clearly worth it. If they were not worth it, they wouldn't be paid so much.

Stocks are priced at what they are worth. If they were not worth it, people would not pay that much for them.
Houses are priced at what they are worth. If they were not worth it, people would not pay that much for them.
Derivatives are priced at what...


Your classroom understanding of economics does not translate to the real world. People take advantage of each other in the world. You can stand by and let power be conglomerated into the hands of the few or you can get into the fray, regulate, and at least try to give everyone a fair shot.

The companies in question here were built up by greater men and women of generations past. Those people probably did deserve those incomes. The current leadership, however, are nothing but stewards of market position; employing subterfuge, lobbyists, and recondite financial products.

[Leif]

But i digress, you are right, minimum wage is a bad thing because it interrupts the free market and its work. If the free market decides what the wage is, then that is what it really is. Similarly, if the free market decides to give tax payer money to banks, who are we to complain? You are so smart leaf, that i just want to have non-homosexual relations with you.

You're good at messing with me. I couldn't impersonate the enemy half as good as you can.

Stocks are priced at what they are worth. If they were not worth it, people would not pay that much for them.
Houses are priced at what they are worth. If they were not worth it, people would not pay that much for them.
Derivatives are priced at what...


Your classroom understanding of economics does not translate to the real world. People take advantage of each other in the world. You can stand by and let power be conglomerated into the hands of the few or you can get into the fray, regulate, and at least try to give everyone a fair shot.

The companies in question here were built up by greater men and women of generations past. Those people probably did deserve those incomes. The current leadership, however, are nothing but stewards of market position; employing subterfuge, lobbyists, and recondite financial products.

You started off okay... and then you went into paragraphs of liberal gibberish.

The government is stepping in to do what CEOs should have been doing themselves, limiting luxuries in order to help the company while it is failing.

And why is it the government's job to do that?
And why do you think the government can run a company better than an actual company?
And why are you turning to the government to solve every one of your stupid little problems when they clearly don't have any talents besides killing terrorists.

I'm usually not one to be anti-wealth, but this just seems like simple business ethics to me.

Right. By putting the government in charge of a corporation, you're doing them a world of good. Say, why don't we have the government buy out everything and we're triple our GDP in like... a week!

WORKERS OF THE WORLD, UNITE!

Seriously? What kind of warped thinking would make you believe that sticking the government in charge of a corporation is good "business ethics"?

For the record, you are clearly anti-wealth.

CEO's should not be paid more than 20x the wages of the lowest paid employee.

Stupid. Why not pay him what he's actually worth? Whether that is 2,000 times the wages of the lowest paid employee or twice as much, if the company sees it to be worth it, who are you to tell them how to spend their money?

Actually leaf, i'm starting to wonder whether you really are conservative, seeing as how you don't want the military to have more money and expect us to defend ourselves with flowers or something from terrorists. So i don't see why you question my undying patriotism when you are so shady.

I don't know where you managed to find such a ridiculous statement.

I would double the defense budget, abolish public schools, the department of education, welfare, and taxes.

Poor people have no desire for success because if they did, they would be these CEOs.

Well, if you stick people on enough welfare that they don't see the extra work as worth it, how exactly do you plan on producing people who want to do something with their lives?

[Trajan]

Yup, cut their pay... and pretend that those CEO's won't leave those companies in order to go to companies that will compensate them what they feel they are worth.

See this is funny because you have no idea what you are talking about.

[Leif]

See this is funny because you have no idea what you are talking about.

There were some pronoun errors, but its understandable. Don't use grammar as an excuse to ignore his point.

[Ksandra]

Wow and some guys think Leif is a good troll? Seems like a fail that's trying too hard.

[Trajan]

There were some pronoun errors, but its understandable. Don't use grammar as an excuse to ignore his point.

Lol, seriously though I could care less about grammar.