Originally posted by: 1prophet
Teach the children (future executives and shareholders) do unto others as you would have them do unto you.
Some of the best teachers, when out of bread, were offered cake.
Originally posted by: 1prophet
Teach the children (future executives and shareholders) do unto others as you would have them do unto you.
Originally posted by: Moonbeam
Originally posted by: SamurAchzar
Eh, OK, so you capped the managers salaries. What would happen?
1. Managers becoming consultants - still doing the managerial job, but from their own company, invoicing the public company. Obviously, their company is private and only employees them, so there can't be any cap there;
2. More good managers will go to international companies;
3. American companies will have an incentive to locate their headquarter somewhere else, as this is a managerial decision ultimately. In the age of globalization, the prospect of moving your headquarters to Asia or somewhere else is appealing enough as it is;
4. More money will go to the tycoons who have a large share of these companies instead of going to the hired managers.
So basically that's absurd: you won't fix anything, you'll hurt the shareholders and the only guys you're going to get are middle-top management anyway.
Leave it to the shareholders to decide. If they think such a cap is right, let them install it, but forcing it across the board by legalization? That would never work, and it's naive to think it would.
Yup, it would be like taking money our of medicine. The only people who would become doctors are people who want to cure the sick. It would be a fucking disaster. The beautiful thing about being an idiot is that you never see how stupid you are.
Originally posted by: LegendKiller
Originally posted by: HardcoreRobot
thoughts: let the company owners aka shareholders vote and govt should myob
Do you even read (see Strk's post)? Do you even know how corporations work?
Hint: There is no such thing as a shareholder vote regarding executive compensation.
Actually, all his points are valid. Regarding doctors, all the ones I know, and I know several, rather like the money.Originally posted by: Moonbeam
Originally posted by: SamurAchzar
Eh, OK, so you capped the managers salaries. What would happen?
1. Managers becoming consultants - still doing the managerial job, but from their own company, invoicing the public company. Obviously, their company is private and only employees them, so there can't be any cap there;
2. More good managers will go to international companies;
3. American companies will have an incentive to locate their headquarter somewhere else, as this is a managerial decision ultimately. In the age of globalization, the prospect of moving your headquarters to Asia or somewhere else is appealing enough as it is;
4. More money will go to the tycoons who have a large share of these companies instead of going to the hired managers.
So basically that's absurd: you won't fix anything, you'll hurt the shareholders and the only guys you're going to get are middle-top management anyway.
Leave it to the shareholders to decide. If they think such a cap is right, let them install it, but forcing it across the board by legalization? That would never work, and it's naive to think it would.
Yup, it would be like taking money our of medicine. The only people who would become doctors are people who want to cure the sick. It would be a fucking disaster. The beautiful thing about being an idiot is that you never see how stupid you are.
Originally posted by: Moonbeam
Originally posted by: SamurAchzar
Eh, OK, so you capped the managers salaries. What would happen?
1. Managers becoming consultants - still doing the managerial job, but from their own company, invoicing the public company. Obviously, their company is private and only employees them, so there can't be any cap there;
2. More good managers will go to international companies;
3. American companies will have an incentive to locate their headquarter somewhere else, as this is a managerial decision ultimately. In the age of globalization, the prospect of moving your headquarters to Asia or somewhere else is appealing enough as it is;
4. More money will go to the tycoons who have a large share of these companies instead of going to the hired managers.
So basically that's absurd: you won't fix anything, you'll hurt the shareholders and the only guys you're going to get are middle-top management anyway.
Leave it to the shareholders to decide. If they think such a cap is right, let them install it, but forcing it across the board by legalization? That would never work, and it's naive to think it would.
Yup, it would be like taking money our of medicine. The only people who would become doctors are people who want to cure the sick. It would be a fucking disaster. The beautiful thing about being an idiot is that you never see how stupid you are.
Originally posted by: SamurAchzar
Originally posted by: Moonbeam
Originally posted by: SamurAchzar
Eh, OK, so you capped the managers salaries. What would happen?
1. Managers becoming consultants - still doing the managerial job, but from their own company, invoicing the public company. Obviously, their company is private and only employees them, so there can't be any cap there;
2. More good managers will go to international companies;
3. American companies will have an incentive to locate their headquarter somewhere else, as this is a managerial decision ultimately. In the age of globalization, the prospect of moving your headquarters to Asia or somewhere else is appealing enough as it is;
4. More money will go to the tycoons who have a large share of these companies instead of going to the hired managers.
So basically that's absurd: you won't fix anything, you'll hurt the shareholders and the only guys you're going to get are middle-top management anyway.
Leave it to the shareholders to decide. If they think such a cap is right, let them install it, but forcing it across the board by legalization? That would never work, and it's naive to think it would.
Yup, it would be like taking money our of medicine. The only people who would become doctors are people who want to cure the sick. It would be a fucking disaster. The beautiful thing about being an idiot is that you never see how stupid you are.
Thanks bozo, for letting us know what is the mindset among your homeless shelter.
Originally posted by: AreaCode707
Originally posted by: SamurAchzar
Originally posted by: Moonbeam
Originally posted by: SamurAchzar
Eh, OK, so you capped the managers salaries. What would happen?
1. Managers becoming consultants - still doing the managerial job, but from their own company, invoicing the public company. Obviously, their company is private and only employees them, so there can't be any cap there;
2. More good managers will go to international companies;
3. American companies will have an incentive to locate their headquarter somewhere else, as this is a managerial decision ultimately. In the age of globalization, the prospect of moving your headquarters to Asia or somewhere else is appealing enough as it is;
4. More money will go to the tycoons who have a large share of these companies instead of going to the hired managers.
So basically that's absurd: you won't fix anything, you'll hurt the shareholders and the only guys you're going to get are middle-top management anyway.
Leave it to the shareholders to decide. If they think such a cap is right, let them install it, but forcing it across the board by legalization? That would never work, and it's naive to think it would.
Yup, it would be like taking money our of medicine. The only people who would become doctors are people who want to cure the sick. It would be a fucking disaster. The beautiful thing about being an idiot is that you never see how stupid you are.
Thanks bozo, for letting us know what is the mindset among your homeless shelter.
If you didn't lurk before you joined you may not realize that Moonbeam's mystic sayings are his way of challenging people's assumptions, enticing them to think, and commenting on life from a different perspective - all of which result from a fairly brilliant mind. Also, insulting him won't necessarily win you points with most of the other posters who, while not always agreeing with him, value his contribution to the character and insightfulness of the forums.
Originally posted by: SamurAchzar
Originally posted by: AreaCode707
Originally posted by: SamurAchzar
Originally posted by: Moonbeam
Originally posted by: SamurAchzar
Eh, OK, so you capped the managers salaries. What would happen?
1. Managers becoming consultants - still doing the managerial job, but from their own company, invoicing the public company. Obviously, their company is private and only employees them, so there can't be any cap there;
2. More good managers will go to international companies;
3. American companies will have an incentive to locate their headquarter somewhere else, as this is a managerial decision ultimately. In the age of globalization, the prospect of moving your headquarters to Asia or somewhere else is appealing enough as it is;
4. More money will go to the tycoons who have a large share of these companies instead of going to the hired managers.
So basically that's absurd: you won't fix anything, you'll hurt the shareholders and the only guys you're going to get are middle-top management anyway.
Leave it to the shareholders to decide. If they think such a cap is right, let them install it, but forcing it across the board by legalization? That would never work, and it's naive to think it would.
Yup, it would be like taking money our of medicine. The only people who would become doctors are people who want to cure the sick. It would be a fucking disaster. The beautiful thing about being an idiot is that you never see how stupid you are.
Thanks bozo, for letting us know what is the mindset among your homeless shelter.
If you didn't lurk before you joined you may not realize that Moonbeam's mystic sayings are his way of challenging people's assumptions, enticing them to think, and commenting on life from a different perspective - all of which result from a fairly brilliant mind. Also, insulting him won't necessarily win you points with most of the other posters who, while not always agreeing with him, value his contribution to the character and insightfulness of the forums.
Oh, so he's just trolling? It's funny, as my post was the first reaction to him I saw in quite a while. He usually goes by ignored. Probably too brilliant for us commoners!
Originally posted by: gingermeggs
Intellectual discrimination is a justification for renumeration scales.
- what is the greatest surgeon in the world, without a hygienic theatre to operate in ?
That surgeon is only as good as the guy whom mops the floor or the patient dies of a secondary infection, but wait we can pay managers to kick his ass into line!
The scale is natural, it's been perverted by self-interest and childish greed- On all levels!
Honestly, we don't really know what he's doing most of the time.Originally posted by: SamurAchzar
Originally posted by: AreaCode707
Originally posted by: SamurAchzar
Originally posted by: Moonbeam
Originally posted by: SamurAchzar
Eh, OK, so you capped the managers salaries. What would happen?
1. Managers becoming consultants - still doing the managerial job, but from their own company, invoicing the public company. Obviously, their company is private and only employees them, so there can't be any cap there;
2. More good managers will go to international companies;
3. American companies will have an incentive to locate their headquarter somewhere else, as this is a managerial decision ultimately. In the age of globalization, the prospect of moving your headquarters to Asia or somewhere else is appealing enough as it is;
4. More money will go to the tycoons who have a large share of these companies instead of going to the hired managers.
So basically that's absurd: you won't fix anything, you'll hurt the shareholders and the only guys you're going to get are middle-top management anyway.
Leave it to the shareholders to decide. If they think such a cap is right, let them install it, but forcing it across the board by legalization? That would never work, and it's naive to think it would.
Yup, it would be like taking money our of medicine. The only people who would become doctors are people who want to cure the sick. It would be a fucking disaster. The beautiful thing about being an idiot is that you never see how stupid you are.
Thanks bozo, for letting us know what is the mindset among your homeless shelter.
If you didn't lurk before you joined you may not realize that Moonbeam's mystic sayings are his way of challenging people's assumptions, enticing them to think, and commenting on life from a different perspective - all of which result from a fairly brilliant mind. Also, insulting him won't necessarily win you points with most of the other posters who, while not always agreeing with him, value his contribution to the character and insightfulness of the forums.
Oh, so he's just trolling? It's funny, as my post was the first reaction to him I saw in quite a while. He usually goes by ignored. Probably too brilliant for us commoners!
Originally posted by: SamurAchzar
Eh, OK, so you capped the managers salaries. What would happen?
1. Managers becoming consultants - still doing the managerial job, but from their own company, invoicing the public company. Obviously, their company is private and only employees them, so there can't be any cap there;
2. More good managers will go to international companies;
3. American companies will have an incentive to locate their headquarter somewhere else, as this is a managerial decision ultimately. In the age of globalization, the prospect of moving your headquarters to Asia or somewhere else is appealing enough as it is;
Originally posted by: AreaCode707
[I'm guessing you think he's trolling because of the "The beautiful thing about being an idiot is that you never see how stupid you are." I think the "you" there is more of a generic all of humankind type you, not you specifically, so if he's trolling it's more like he's trolling the universe.
Originally posted by: Schadenfroh
Something like this should be decided by the shareholders of the individual companies rather than the government.
If the government is the majority shareholder in the company (say after a government bailout), then I say yes.
Originally posted by: BigDH01
Originally posted by: LegendKiller
The ideas in this thread are laughable. Spidey, are you really that dense?
I say, don't cap it. Tax the flying fuck out of it. 80% tax rate for anything over 10MM of executive compensation.
That, or have a minimum of 10-year vesting periods.
Pretty much this. The concern is the extreme concentration of wealth. According to the academic papers I've read comparing the United States to the rest of the world, the best way to prevent the concentration of wealth is to impose very high tax rates on the extreme earners. At one time, the United States had much higher taxes for the highest tax brackets. In 1956, any income earned over 200k (or about 1.56M in 2008 dollars) was taxed at 91%.
Originally posted by: CPA
Originally posted by: LegendKiller
Originally posted by: HardcoreRobot
thoughts: let the company owners aka shareholders vote and govt should myob
Do you even read (see Strk's post)? Do you even know how corporations work?
Hint: There is no such thing as a shareholder vote regarding executive compensation.
But the shareholders elect the Directors who set the executive compensation. So shareholders indirectly have a say.
Originally posted by: shrumpage
I think your car is too expensive, you should have to drive a metro LS.
Your house is too big, no more then 3 bed rooms at 2200 sq foot.
47" is too big for a tv, the should be no more then 42."
Piecing your tongue serves no purpose, plus can lead to medical problems, it should be banned.
I think you make too much money, 1 million take home is enough for anybody.
Originally posted by: CPA
Originally posted by: LegendKiller
Originally posted by: HardcoreRobot
thoughts: let the company owners aka shareholders vote and govt should myob
Do you even read (see Strk's post)? Do you even know how corporations work?
Hint: There is no such thing as a shareholder vote regarding executive compensation.
But the shareholders elect the Directors who set the executive compensation. So shareholders indirectly have a say.
Originally posted by: Train
Q: Why does a baseball player make 25 million in a single season?
A: Because dumbasses are more than happy to fork over $60 for two seats in the nosebleed section, $9 for a 8oz plastic bottle of beer, $7 for a shitty hotdog, and $90 for a jersey that cost $10 to produce.
Now take that analogy and apply it to any business.
People are happily buying all this stupid shit they dont need. Shit people are getting rich selling us bottled tap water. Fuckin WATER!
you can't blame the people selling it, because as soon as they go away, someone else will take thier place. Blame the people buying it.
Originally posted by: ebaycj
Originally posted by: CPA
Originally posted by: LegendKiller
Originally posted by: HardcoreRobot
thoughts: let the company owners aka shareholders vote and govt should myob
Do you even read (see Strk's post)? Do you even know how corporations work?
Hint: There is no such thing as a shareholder vote regarding executive compensation.
But the shareholders elect the Directors who set the executive compensation. So shareholders indirectly have a say.
They should have a direct say, IMHO.