The CEO-to-worker compensation ratio is now 312-to-1.

[Admiral Rockwell Tory]

That would make you a socialist. Wear it with pride if you truly believe that!

Call it what you want but socialism saved capitalism's ass and is what the American middle class was built on after WW 2 . Minimum wage, Social Security, unions and government job programs built this country from the ground up after a depression and wars that could have made us just another third world country.

Which one of those programs interfered with a person's ability to make money? You are confused, and a socialist in that case.

Actually the tax and anti trust laws were changed under Ronald Reagan in the 80's
allowing vulture capitalism in.

You did not answer the queation.

I know what you're getting at. Nobody will take 70 or 90% of your money.
Any 'progressive' type of taxes will be on very marginal levels, including capital gains, estate taxes etc.
But generally, we don't need 2000 billionaires in this country. We don't need Jeff Bezos being able to rake in $250 million a day while many of his workers can barely afford to pay their rent each month.

Why not? Who said you get to decide?

 

[the other mike]

Why not? Who said you get to decide?

Me and millions of other Americans who never gave companies permission to move to China, Taiwan, Bangladesh, Honduras and Mexico then sell the shit back here in the global chain stores that ate up all the local businesses.
We've lost 5 million manufacturing jobs since 2000.

 

[kyzr]

I'd support a law that limits Exec compensation. Exec pay in Japan is about 10% of what it is in the US.
Japanese CEO pay roughly 10% that of US counterparts

That would make you a socialist. Wear it with pride if you truly believe that!

Call it what you want but socialism saved capitalism's ass and is what the American middle class was built on after WW 2 . Minimum wage, Social Security, unions and government job programs built this country from the ground up after a depression and wars that could have made us just another third world country.

Which one of those programs interfered with a person's ability to make money? You are confused, and a socialist in that case.

Actually the tax and anti trust laws were changed under Ronald Reagan in the 80's
allowing vulture capitalism in.

You did not answer the question.

Lets just say I'm on Angelo's side on this issue. The top 1% are not gods that we need to worship from afar. The DC establishment system of "one hand washes the other" and both get rich is not a good long term system. I'll use the law that gave tax breaks to move jobs overseas as an example of capitalism that hurts the country.
How the Tax Plan Will Send Jobs Overseas - The Atlantic

Bain Capital and Gordon Gekko's method of Corporate Raiding doesn't generally help the workers.

You post like capitalism and socialism are binary systems. They are not. Teddy Roosevelt showed some of the type of governing that we need today. A more level playing field.

 

[Harpy Eagle]

Why not? Who said you get to decide?

Me and millions of other Americans who never gave companies permission to move to China, Taiwan, Bangladesh, Honduras and Mexico then sell the shit back here in the global chain stores that ate up all the local businesses.
We've lost 5 million manufacturing jobs since 2000.

And 4 million of those jobs were lost to automation and increased productivity...not going overseas.

And yes, every time you bought something made in China, Taiwan, Bangladesh, Honduras or Mexico you were giving your permission to those companies to move there.

 

[Harpy Eagle]

That would make you a socialist. Wear it with pride if you truly believe that!

Call it what you want but socialism saved capitalism's ass and is what the American middle class was built on after WW 2 . Minimum wage, Social Security, unions and government job programs built this country from the ground up after a depression and wars that could have made us just another third world country.

Which one of those programs interfered with a person's ability to make money? You are confused, and a socialist in that case.

Actually the tax and anti trust laws were changed under Ronald Reagan in the 80's
allowing vulture capitalism in.

You did not answer the question.

Lets just say I'm on Angelo's side on this issue. The top 1% are not gods that we need to worship from afar. The DC establishment system of "one hand washes the other" and both get rich is not a good long term system. I'll use the law that gave tax breaks to move jobs overseas as an example of capitalism that hurts the country.
How the Tax Plan Will Send Jobs Overseas - The Atlantic

Bain Capital and Gordon Gekko's method of Corporate Raiding doesn't generally help the workers.

You post like capitalism and socialism are binary systems. They are not. Teddy Roosevelt showed some of the type of governing that we need today. A more level playing field.

So, what do we do that does not infringe on people's liberty and freedoms?

 

[Moonglow]

Sigh. . . . If you read the Department of Labor's economic report for December, you will learn that wages rose by 3.2% last year, one of the biggest jumps in many years. Wages were virtually flat-lined under Obama.

Kinda what happens during a recession.

 

[kyzr]

Call it what you want but socialism saved capitalism's ass and is what the American middle class was built on after WW 2 . Minimum wage, Social Security, unions and government job programs built this country from the ground up after a depression and wars that could have made us just another third world country.

Which one of those programs interfered with a person's ability to make money? You are confused, and a socialist in that case.

Actually the tax and anti trust laws were changed under Ronald Reagan in the 80's
allowing vulture capitalism in.

You did not answer the question.

Lets just say I'm on Angelo's side on this issue. The top 1% are not gods that we need to worship from afar. The DC establishment system of "one hand washes the other" and both get rich is not a good long term system. I'll use the law that gave tax breaks to move jobs overseas as an example of capitalism that hurts the country.
How the Tax Plan Will Send Jobs Overseas - The Atlantic

Bain Capital and Gordon Gekko's method of Corporate Raiding doesn't generally help the workers.

You post like capitalism and socialism are binary systems. They are not. Teddy Roosevelt showed some of the type of governing that we need today. A more level playing field.

So, what do we do that does not infringe on people's liberty and freedoms?

For argument's sake, put in a compensation system like Japan's that keeps all the worker's compensation relative to the Exec compensation. Call it "distributed profit sharing" where the top execs don't get all the rewards/bonuses.

 

[Harpy Eagle]

Which one of those programs interfered with a person's ability to make money? You are confused, and a socialist in that case.

Actually the tax and anti trust laws were changed under Ronald Reagan in the 80's
allowing vulture capitalism in.

You did not answer the question.

Lets just say I'm on Angelo's side on this issue. The top 1% are not gods that we need to worship from afar. The DC establishment system of "one hand washes the other" and both get rich is not a good long term system. I'll use the law that gave tax breaks to move jobs overseas as an example of capitalism that hurts the country.
How the Tax Plan Will Send Jobs Overseas - The Atlantic

Bain Capital and Gordon Gekko's method of Corporate Raiding doesn't generally help the workers.

You post like capitalism and socialism are binary systems. They are not. Teddy Roosevelt showed some of the type of governing that we need today. A more level playing field.

So, what do we do that does not infringe on people's liberty and freedoms?

For argument's sake, put in a compensation system like Japan's that keeps all the worker's compensation relative to the Exec compensation. Call it "distributed profit sharing" where the top execs don't get all the rewards/bonuses.

You willing to do it to more than just CEOs? Should athlete get so much more than the waterboys? Or actors so much more than the camera man?

Should Tom Brady's salary be limited to only a percent above what the secretary in the Patriots head office makes?

How about the military, a General can make 100 times what a private in boot camp is making...is that really fair?

 

[Admiral Rockwell Tory]

Why not? Who said you get to decide?

Me and millions of other Americans who never gave companies permission to move to China, Taiwan, Bangladesh, Honduras and Mexico then sell the shit back here in the global chain stores that ate up all the local businesses.
We've lost 5 million manufacturing jobs since 2000.

No. You don't get to decide. The owners of the stock, the investors, are the owners of that company and they get to decide how much their CEO is worth. You have no input.

If you decide, then you are a socialist, bordering on communism.

 

[Admiral Rockwell Tory]

That would make you a socialist. Wear it with pride if you truly believe that!

Call it what you want but socialism saved capitalism's ass and is what the American middle class was built on after WW 2 . Minimum wage, Social Security, unions and government job programs built this country from the ground up after a depression and wars that could have made us just another third world country.

Which one of those programs interfered with a person's ability to make money? You are confused, and a socialist in that case.

Actually the tax and anti trust laws were changed under Ronald Reagan in the 80's
allowing vulture capitalism in.

You did not answer the question.

Lets just say I'm on Angelo's side on this issue. The top 1% are not gods that we need to worship from afar. The DC establishment system of "one hand washes the other" and both get rich is not a good long term system. I'll use the law that gave tax breaks to move jobs overseas as an example of capitalism that hurts the country.
How the Tax Plan Will Send Jobs Overseas - The Atlantic

Bain Capital and Gordon Gekko's method of Corporate Raiding doesn't generally help the workers.

You post like capitalism and socialism are binary systems. They are not. Teddy Roosevelt showed some of the type of governing that we need today. A more level playing field.

None of that has any bearing on what we are discussing. You do not get to decide CEO compensation and neither does the government. Besides, most of that money pay to them is what the government reaps in taxes.

You are confused. Have a nice day!

 

[Admiral Rockwell Tory]

Which one of those programs interfered with a person's ability to make money? You are confused, and a socialist in that case.

Actually the tax and anti trust laws were changed under Ronald Reagan in the 80's
allowing vulture capitalism in.

You did not answer the question.

Lets just say I'm on Angelo's side on this issue. The top 1% are not gods that we need to worship from afar. The DC establishment system of "one hand washes the other" and both get rich is not a good long term system. I'll use the law that gave tax breaks to move jobs overseas as an example of capitalism that hurts the country.
How the Tax Plan Will Send Jobs Overseas - The Atlantic

Bain Capital and Gordon Gekko's method of Corporate Raiding doesn't generally help the workers.

You post like capitalism and socialism are binary systems. They are not. Teddy Roosevelt showed some of the type of governing that we need today. A more level playing field.

So, what do we do that does not infringe on people's liberty and freedoms?

For argument's sake, put in a compensation system like Japan's that keeps all the worker's compensation relative to the Exec compensation. Call it "distributed profit sharing" where the top execs don't get all the rewards/bonuses.

Do that in your company and maybe others will follow. You cannot use the force of law to do so.

 

[the other mike]

If you decide, then you are a socialist, bordering on communism.

1958 called and wants its propaganda back.

 

[the other mike]

Do that in your company and maybe others will follow. You cannot use the force of law to do so.

Ever been to Germany or northern Spain ?

 

[Admiral Rockwell Tory]

Do that in your company and maybe others will follow. You cannot use the force of law to do so.

Ever been to Germany ?

No, and why should I care? Do you normally ask stupid questions?

 

[the other mike]

Codetermination in Germany - Wikipedia
Corporate codetermination (Unternehmensmitbestimmung) concerns private (GmbH) and public limited companies (AktG). The Drittelbeteiligungsgesetz provides for one third of the supervisory board to be elected by workers in companies with more than 500 employees. For companies with more than 2000 employees the Mitbestimmungsgesetz requires half of the supervisory board (Aufsichtsrat) to be representative of the workers (subject to the chairman of the board being a shareholder appointee). In the coal, mining and steel industry the Montan-Mitbestimmungsgesetz allows complete parity between workers and shareholders for companies with over 1000 workers.

(Spain ) Mondragon Corporation - Wikipedia
At Mondragon, there are agreed-upon wage ratios between executive work and field or factory work which earns a minimum wage. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1. That is, the general manager of an average Mondragon cooperative earns no more than 5 times as much as the theoretical minimum wage paid in their cooperative. For most workers, this ratio is smaller because there are few Mondragon worker-owners that earn minimum wages, because most jobs are somewhat specialized and are classified at higher wage levels. The wage ratio of a cooperative is decided periodically by its worker-owners through a democratic vote.[23]

Compared to similar jobs at local industries, Mondragon managers' wages are considerably lower (as some companies pay their best paid managers hundreds of times more than the lowest-paid employee of the company)[24] and equivalent for middle management, technical and professional levels. Lower wage levels are on average 13% higher than similar jobs at local businesses. Spain's progressive tax rate further reduces any disparity in pay

 

[Admiral Rockwell Tory]

Codetermination in Germany - Wikipedia
Corporate codetermination (Unternehmensmitbestimmung) concerns private (GmbH) and public limited companies (AktG). The Drittelbeteiligungsgesetz provides for one third of the supervisory board to be elected by workers in companies with more than 500 employees. For companies with more than 2000 employees the Mitbestimmungsgesetz requires half of the supervisory board (Aufsichtsrat) to be representative of the workers (subject to the chairman of the board being a shareholder appointee). In the coal, mining and steel industry the Montan-Mitbestimmungsgesetz allows complete parity between workers and shareholders for companies with over 1000 workers.

Newsflash: This is not Germany in case you didn't know.

If you like so much, Delta is ready when you are!

 

[the other mike]

Newsflash: This is not Germany in case you didn't know.

If you like so much, Delta is ready when you are!

No but we can pass laws that forbid companies to close and lay off workers until the workers are given the option of owning the company, through grants and bank loans.

 

[Admiral Rockwell Tory]

Newsflash: This is not Germany in case you didn't know.

If you like so much, Delta is ready when you are!

No but we can pass laws that forbid companies to close and lay off workers until the workers are given the option of owning the company, through grants and bank loans.

Yeah, go right ahead and try to get that passed. Anyone with common sense would see that as something that Barry "I am older than dirt" Sanders and Alexandria "Occasional-Kotex" would propose and see how far someone kicks you to the curb for being stupid!

 

[the other mike]

Newsflash: This is not Germany in case you didn't know.

If you like so much, Delta is ready when you are!

No but we can pass laws that forbid companies to close and lay off workers until the workers are given the option of owning the company, through grants and bank loans.

Yeah, go right ahead and try to get that passed. Anyone with common sense would see that as something that Barry "I am older than dirt" Sanders and Alexandria "Occasional-Kotex" would propose and see how far someone kicks you to the curb for being stupid!

Countdown to mentioning Venezuela is on.

 

[kyzr]

Actually the tax and anti trust laws were changed under Ronald Reagan in the 80's
allowing vulture capitalism in.

You did not answer the question.

Lets just say I'm on Angelo's side on this issue. The top 1% are not gods that we need to worship from afar. The DC establishment system of "one hand washes the other" and both get rich is not a good long term system. I'll use the law that gave tax breaks to move jobs overseas as an example of capitalism that hurts the country.
How the Tax Plan Will Send Jobs Overseas - The Atlantic

Bain Capital and Gordon Gekko's method of Corporate Raiding doesn't generally help the workers.

You post like capitalism and socialism are binary systems. They are not. Teddy Roosevelt showed some of the type of governing that we need today. A more level playing field.

So, what do we do that does not infringe on people's liberty and freedoms?

For argument's sake, put in a compensation system like Japan's that keeps all the worker's compensation relative to the Exec compensation. Call it "distributed profit sharing" where the top execs don't get all the rewards/bonuses.

You willing to do it to more than just CEOs? Should athlete get so much more than the waterboys? Or actors so much more than the camera man?
Should Tom Brady's salary be limited to only a percent above what the secretary in the Patriots head office makes?
How about the military, a General can make 100 times what a private in boot camp is making...is that really fair?

Do you get paid per strawman you put up? We're talking corporate compensation.
The privately owned enterprises can do whatever the fuck they want, since they're not publicly traded.
The military pay is set by congress, not the Board of Directors.