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

[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.

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

Is that in the Constitution, or are you just pulling rank?
Agreed privately owned companies can do whatever the fuck they want. My argument is for publicly traded corporations, that get tax breaks, government contracts, etc.

 

[Flash]

The American dream is very much alive and well
for a few folks. ( According to a 2017 study by the Economic Policy Institute (EPI ).

The global elite are getting ready to gather in the Swiss Alps for the World Economic Forum (WEF), and while the backdrop may be one of “deepening gloom over the global economic and political outlook,” a new analysis reveals that for at least some of the attendees, the outlook is sunnier than ever.

Released by Bloomberg just ahead of the gathering in Davos, it shows how the net worth of some of the “gold-collar executives” that will be attending have surged in the ten years since the financial crisis.

JPMorgan Chase chairman and CEO Jamie Dimon, for example, now holds $1.5 billion—a threefold increase over the decade. Stephen Schwarzman, co-founder and CEO of private equity giant Blackstone, meanwhile, saw his wealth surge sixfold, as his net worth is now $12.3 billion. Rupert Murdoch’s wealth similarly went up nearly sixfold, with his fortune now at $18.3 billion. Salesforce CEO Marc Benioff, for his part, is now worth $6.5 billion—a more than ninefold increase.

But, the reporting notes, while the economic elite are enjoying a bigger slice of the pie, for regular Americans, “Wages have stagnated and while equity markets have risen, fewer U.S. adults are invested in the stock market than in 2009.”

“The data illustrate the ever-widening gap between the true haves—those in the 0.1 percent—and the have-nots of a global economy,” it adds.

To further illustrate the divide, the reporting also points to a study released last year by the Economic Policy Institute (EPI), which found that in 2017, the CEO-to-worker compensation ratio was 312-to-1.
Continued;
Davos Elites Are Wealthier Than Ever

Stop being an asshole and being envious of what other people make. Just worry about yourself being productive enough to demand a good salary.

If you know of a CEO that makes more money than you think they are entitled to then don't buy anything from that corporation. Prob;em solved.

Speaking of the haves and have nots I would have a lot more if the filthy ass government didn't steal my money and give it to welfare queens and Illegals.

The government has made me a lot poorer than any CEO.

 

[justoffal]

Guess you need to work a little harder and get a better paying job...quit being jealous of what others have and worry about yourself.

Why do you socialist never whine about a football player making more per TD than most make in a year?

Why are you not complaining about the actor/actress that gets more per movie than any of us will see in a lifetime?

Or a boxer that makes 10 million/ fight?

Jo

 

[Harpy Eagle]

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.

So, the only pay differential that matters to you is that of publicly traded enterprises?

That seems very a very narrow group to hate on

 

[Shrimpbox]

Tie pay to success. I have no problem with that. Giving people hundreds of millions of dollars for failure or worse for bringing the us economy down rubs me raw. Nd while Acct. can always find a way around it I would tax the hell out of golden parachutes as well as hedge fund profits. I agree it is unholy what some of these ceos e paid, but some responsibility lies with the boards. It is getting out of hand for sure.

 

[Harpy Eagle]

My argument is for publicly traded corporations, that get tax breaks, government contracts, etc.

So do private corporations.

 

[the other mike]

If I own a lawncare business in south Florida, all the equipment, the vehicles, clients , insurance and everything is mine. I need 50 employees to keep the business going year-round.

If I'm profiting $5 million a year after taxes, I can afford to pay my people well.
I'd be happy taking home half of that $5 million.

 

[the other mike]

Stop being an asshole

 

[2aguy]

The American dream is very much alive and well
for a few folks. ( According to a 2017 study by the Economic Policy Institute (EPI ).

The global elite are getting ready to gather in the Swiss Alps for the World Economic Forum (WEF), and while the backdrop may be one of “deepening gloom over the global economic and political outlook,” a new analysis reveals that for at least some of the attendees, the outlook is sunnier than ever.

Released by Bloomberg just ahead of the gathering in Davos, it shows how the net worth of some of the “gold-collar executives” that will be attending have surged in the ten years since the financial crisis.

JPMorgan Chase chairman and CEO Jamie Dimon, for example, now holds $1.5 billion—a threefold increase over the decade. Stephen Schwarzman, co-founder and CEO of private equity giant Blackstone, meanwhile, saw his wealth surge sixfold, as his net worth is now $12.3 billion. Rupert Murdoch’s wealth similarly went up nearly sixfold, with his fortune now at $18.3 billion. Salesforce CEO Marc Benioff, for his part, is now worth $6.5 billion—a more than ninefold increase.

But, the reporting notes, while the economic elite are enjoying a bigger slice of the pie, for regular Americans, “Wages have stagnated and while equity markets have risen, fewer U.S. adults are invested in the stock market than in 2009.”

“The data illustrate the ever-widening gap between the true haves—those in the 0.1 percent—and the have-nots of a global economy,” it adds.

To further illustrate the divide, the reporting also points to a study released last year by the Economic Policy Institute (EPI), which found that in 2017, the CEO-to-worker compensation ratio was 312-to-1.
Continued;
Davos Elites Are Wealthier Than Ever

Then become one if you are envious of what they have. Problem for you...solved.

 

[Flash]

Guess you need to work a little harder and get a better paying job...quit being jealous of what others have and worry about yourself.

Why do you socialist never whine about a football player making more per TD than most make in a year?

Why are you not complaining about the actor/actress that gets more per movie than any of us will see in a lifetime?

Or a boxer that makes 10 million/ fight?

Jo

These socialist spouting Moon Bats have no problem with these uber rich Hollywood and Silicon Valley Democrat supporting Limousine Liberals making a ton of money.

 

[LuckyDuck]

The American dream is very much alive and well
for a few folks. ( According to a 2017 study by the Economic Policy Institute (EPI ).

The global elite are getting ready to gather in the Swiss Alps for the World Economic Forum (WEF), and while the backdrop may be one of “deepening gloom over the global economic and political outlook,” a new analysis reveals that for at least some of the attendees, the outlook is sunnier than ever.

Released by Bloomberg just ahead of the gathering in Davos, it shows how the net worth of some of the “gold-collar executives” that will be attending have surged in the ten years since the financial crisis.

JPMorgan Chase chairman and CEO Jamie Dimon, for example, now holds $1.5 billion—a threefold increase over the decade. Stephen Schwarzman, co-founder and CEO of private equity giant Blackstone, meanwhile, saw his wealth surge sixfold, as his net worth is now $12.3 billion. Rupert Murdoch’s wealth similarly went up nearly sixfold, with his fortune now at $18.3 billion. Salesforce CEO Marc Benioff, for his part, is now worth $6.5 billion—a more than ninefold increase.

But, the reporting notes, while the economic elite are enjoying a bigger slice of the pie, for regular Americans, “Wages have stagnated and while equity markets have risen, fewer U.S. adults are invested in the stock market than in 2009.”

“The data illustrate the ever-widening gap between the true haves—those in the 0.1 percent—and the have-nots of a global economy,” it adds.

To further illustrate the divide, the reporting also points to a study released last year by the Economic Policy Institute (EPI), which found that in 2017, the CEO-to-worker compensation ratio was 312-to-1.
Continued;
Davos Elites Are Wealthier Than Ever

So! I doubt that if you became the CEO of a major corporation, you would turn down any large pay package offered, instead, telling those selecting you that you want the majority of your huge pay package to go to those who sit on the assembly line and stick a peg in a round hole.

 

[the other mike]

The doctor will clear it all up for you.
Professor Wolff discusses the economic dimensions of our lives, our jobs, our incomes, our debts, those of our children, and those looming down the road in his unique mixture of deep insight and dry humor. He presents current events and draws connections to the past to highlight the machinations of our global economy. He helps us to understand political and corporate policy, organization of labor, the distribution of goods and services, and challenges us to question some of the deepest foundations of our society.

 

[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!

Countdown to mentioning Venezuela is on.
View attachment 241355

WTF does Venezuela have to do with Germany?

You really are THAT stupid!

 

[Admiral Rockwell Tory]

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.

No, the public companies can do whatever the fuck they want also. They are governed by a board of directors. THAT is the point that went whizzing over your tiny head.

 

[Admiral Rockwell Tory]

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.

Is that in the Constitution, or are you just pulling rank?
Agreed privately owned companies can do whatever the fuck they want. My argument is for publicly traded corporations, that get tax breaks, government contracts, etc.

So your real expertise is backpedaling? Do you realize now how few companies you are talking about as compared to the whole of the American economy? That is still improper.

As for the Constitution, the federal government can only regulate interstate commerce, so anyone who doesn't is exempt from your ruling by fait accompli. Right?

 

[Darkwind]

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.

Gave them permission? A rather unhealthy fixation on a grandiose belief in your own self-worth.

 

[Admiral Rockwell Tory]

If I own a lawncare business in south Florida, all the equipment, the vehicles, clients , insurance and everything is mine. I need 50 employees to keep the business going year-round.

If I'm profiting $5 million a year after taxes, I can afford to pay my people well.
I'd be happy taking home half of that $5 million.

So what would you do with the other two and half million? Would you pay the lawn mower driver a cool $50,000 grand a year when minimum wage would be appropriate for that skill level? Why not take home the same $50,000 because you obviously don't work as hard as that guy working out there in all the heat , humidity and bugs? Would you then pay him $75,000 a year?

 

[leftwinger]

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.

Is that in the Constitution, or are you just pulling rank?
Agreed privately owned companies can do whatever the fuck they want. My argument is for publicly traded corporations, that get tax breaks, government contracts, etc.

So your real expertise is backpedaling? Do you realize now how few companies you are talking about as compared to the whole of the American economy? That is still improper.

As for the Constitution, the federal government can only regulate interstate commerce, so anyone who doesn't is exempt from your ruling by fait accompli. Right?

The good ole boys all sit on each others boards.....wink wink

Salary may be $750K (reasonable lol!) but evergreen stock awards keep coming triggering sales at $10s' of millions per year often.

 

[the other mike]

If I own a lawncare business in south Florida, all the equipment, the vehicles, clients , insurance and everything is mine. I need 50 employees to keep the business going year-round.

If I'm profiting $5 million a year after taxes, I can afford to pay my people well.
I'd be happy taking home half of that $5 million.

So what would you do with the other two and half million? Would you pay the lawn mower driver a cool $50,000 grand a year when minimum wage would be appropriate for that skill level? Why not take home the same $50,000 because you obviously don't work as hard as that guy working out there in all the heat , humidity and bugs? Would you then pay him $75,000 a year?

Most of those guys make half their money doing side jobs under the table anyway, so even in Florida $50K is not bad. But as the owner I would save as much as possible and build up a reputable local business then sell it and move to Moses Lake Washington or someplace.
I wanted to retire in Hawaii until Fukushima - now I don't trust that the radiation levels aren't more than what they're reporting.

 

[AvgGuyIA]

The American dream is very much alive and well
for a few folks. ( According to a 2017 study by the Economic Policy Institute (EPI ).

The global elite are getting ready to gather in the Swiss Alps for the World Economic Forum (WEF), and while the backdrop may be one of “deepening gloom over the global economic and political outlook,” a new analysis reveals that for at least some of the attendees, the outlook is sunnier than ever.

Released by Bloomberg just ahead of the gathering in Davos, it shows how the net worth of some of the “gold-collar executives” that will be attending have surged in the ten years since the financial crisis.

JPMorgan Chase chairman and CEO Jamie Dimon, for example, now holds $1.5 billion—a threefold increase over the decade. Stephen Schwarzman, co-founder and CEO of private equity giant Blackstone, meanwhile, saw his wealth surge sixfold, as his net worth is now $12.3 billion. Rupert Murdoch’s wealth similarly went up nearly sixfold, with his fortune now at $18.3 billion. Salesforce CEO Marc Benioff, for his part, is now worth $6.5 billion—a more than ninefold increase.

But, the reporting notes, while the economic elite are enjoying a bigger slice of the pie, for regular Americans, “Wages have stagnated and while equity markets have risen, fewer U.S. adults are invested in the stock market than in 2009.”

“The data illustrate the ever-widening gap between the true haves—those in the 0.1 percent—and the have-nots of a global economy,” it adds.

To further illustrate the divide, the reporting also points to a study released last year by the Economic Policy Institute (EPI), which found that in 2017, the CEO-to-worker compensation ratio was 312-to-1.
Continued;
Davos Elites Are Wealthier Than Ever

Yawn.