Daryl Hunt
Your Worst Nightmare
- Banned
- #381
They throw money so that cronies can get paid off. The money never reaches the poor or the schoolchildren. Then, when the results aren’t there, they blame Consrvatives for not making people pay their “fair share”.
The problem is, there is no such things as a "Fair Wage" being paid. When the CEO makes 100 times as much as the average worker and it keeps going up and the workers benefits keep going down, workers keep getting laid off and more, actually less, then it's not a fair wage. The CEO can bankrupt the company and still walk out with millions in pay for that year. Meanwhile, the workers bite the bullet. They need to start putting those CEOs in prison that do that and seizing their assets and turning it over to the workers. It's just not moral although it's probably legal. But Laws are suppose to be moral.
Like it or not, only one person can be CEO. If a CEO is subject to imprisonment or asset seizure, why be CEO? A CEO can walk away with millions in payout because he negotiated that has part of the risk of taking the job. If he/she willfully acted out of malice, then, yes, they should go to prison and/or subject to fines. Having been laid off, it’s no fun but it’s no reason to send a CEO to jail.
When the CEO receives 14 million bonus on top of his 3 million pay to lay off workers and ship jobs overseas then there is a real problem. There are CEOs that specialize doing this. We even had one run for President and the Public didn't care for it one bit. It brought us Obama for his first term. I would have preferred Romney over Obama as a President but not as a CEO of a company since I know that company was going to be gutted. Romney was a very good Governor.
But we have been raped by these CEOs over and over and our Factories have been gutted over and over to the point where it's never going to recover. It's cause us so many social problems that both sides just can't seem to be able to put their finger on who's fault it is so they blame each other. Yes, Margeret, sometimes, a little Socialism is needed in the form of Regulation when concerning greedy CEOs. When Capitalism is allowed to run totally unchecked it tends to grab the bucks on a very short range and the future be damned. They don't look at the long haul and they certainly don't look at what is best for the Country. They only look at what is best for their own short ranged pocket books. And, no, you can't have the Government manage it either. But you can set limits where they have to look at what is best for the Company for the long haul, the Workers for the Long Haul and the Country for the Long haul. It used to be that the CEOs operated that way because it was just the right thing to do. Case in point was Henry Ford the First. He started that Revolution and other companies were forced to follow. But he died. And so did his compatriots. What he was replaced with is the CEOs of today who aren't good for anyone other than themselves.
I don't have a fix on this one. I don't know if anyone else has either. It's way above my pay grade.