Why CEOs hate Obama

[dank69]

Can I see the link to the fifty cents?

50 cents in India is like, a bazillion dollars here.

 

[Dekasa]

That said, even if the majority of CEOs made a salary of $0, distributed amongst their employes would only be like $0.50 per employee...so it's kind of irrelevant anyway.

Nvidia employs about 6 thousand people around the world, JHH made $31 Million last year. Can you do math, because it's a LOT more than 50 cents per employee.

Edit for sources:

http://www.forbes.com/lists/2010/12/boss-10_Jen-Hsun-Huang_BAN9.html

http://www.tomshardware.com/news/nvidia-layoff-jobs-loss,6386.html

Second doesn't state exactly how many employees, but if ~360 is 6.5% of total workforce then they should employ ~5500 people. I even rounded up 500 and gave you the benefit.

 

[PJABBER]

More and more generic posts, so few that address the substance of the OP.

Does anyone seriously think that an economic recovery will occur without private enterprise?

Government is a consumer, it sucks up the value that people and businesses make and then sends it back in a way that is lessened by bureaucratic inefficiencies.

Sometimes there is no other way, as government likely remains the best way to harness the broad resources required for national defense.

But the productivity of a society comes not from the regulators, nor does it come the redistributive taxors. It comes from those who actually produce something, and that, my friends, in a capitalist society, is business.

All of you who hate the fact that people can succeed, can build great independent and productive enterprises, who are you to talk?

As you sneer at those who are almost always chosen for the role of leading such enterprises because they have delivered great value throughout long careers, what have you yourself done and who would you propose manage such enterprises if not those who are most successful at it?

But, we already know that you have not done much of anything, we know you have no understanding based on experience, all you have is pitiful jealousy, and yes, maybe a grudging wonder that there are those who beat the odds that you failed to even attempt.

The article offers some cause for pause...

The harshest comments aside, the CEOs do seem right about at least two things: There's lots of uncertainty in the air, and it is holding back business.

"Businesses can't invest until they have fewer variables. And right now there are just too many variables," Intel's Otellini said in an interview with CNN last week.

The questions are centered in two areas:

• Taxes for next year and beyond. The Bush-era tax cuts expire at the year's end unless Washington acts, with many ramifications for Americans of all incomes. Republicans want to extend them all; Obama would let them expire for the highest-income earners; and Democrats in Congress are (typically) divided. Longer term, the concern is that growing deficits will force tax hikes eventually anyway.

• The impact of Obama reforms. The effects of sweeping health care and financial reforms remain far from clear, and more reforms could be on the way. "What gets lost in translation is that this is not the end of the process," said Bruce Josten, the vice president for government affairs at the U.S. Chamber of Commerce. He said recent financial sector and health care reform will require hundreds of new regulations that could take as much as 12 years to implement. "This level of uncertainty becomes a prescription for delaying the next decision about your company," he said.

 

[dank69]

More and more generic posts, so few that address the substance of the OP.

Does anyone seriously think that an economic recovery will occur without private enterprise?

Government is a consumer, it sucks up the value that people and businesses make and then sends it back in a way that is lessened by bureaucratic inefficiencies.

Sometimes there is no other way, as government likely remains the best way to harness the broad resources required for national defense.

But the productivity of a society comes not from the regulators, nor does it come the redistributive taxors. It comes from those who actually produce something, and that, my friends, in a capitalist society, is business.

All of you who hate the fact that people can succeed, can build great independent and productive enterprises, who are you to talk?

As you sneer at those who are almost always chosen for the role of leading such enterprises because they have delivered great value throughout long careers, what have you yourself done and who would you propose manage such enterprises if not those who are most successful at it?

But, we already know that you have not done much of anything, we know you have no understanding based on experience, all you have is pitiful jealousy, and yes, maybe a grudging wonder that there are those who beat the odds that you failed to even attempt.

The article offers some cause for pause...

Do you seriously think that, even if taxes were cut to zero across the board, any company could be competetive using local american labor when you can hire people overseas for 10 cents an hour?

 

[Moonbeam]

More and more generic posts, so few that address the substance of the OP.

Does anyone seriously think that an economic recovery will occur without private enterprise?

Government is a consumer, it sucks up the value that people and businesses make and then sends it back in a way that is lessened by bureaucratic inefficiencies.

Sometimes there is no other way, as government likely remains the best way to harness the broad resources required for national defense.

But the productivity of a society comes not from the regulators, nor does it come the redistributive taxors. It comes from those who actually produce something, and that, my friends, in a capitalist society, is business.

All of you who hate the fact that people can succeed, can build great independent and productive enterprises, who are you to talk?

As you sneer at those who are almost always chosen for the role of leading such enterprises because they have delivered great value throughout long careers, what have you yourself done and who would you propose manage such enterprises if not those who are most successful at it?

But, we already know that you have not done much of anything, we know you have no understanding based on experience, all you have is pitiful jealousy, and yes, maybe a grudging wonder that there are those who beat the odds that you failed to even attempt.

The article offers some cause for pause...

Oh geez the poor business babies need security. We need to know our money is safe before we invest and hire.

And then we get to hear all the garbage about how they deserve their riches because they take risks. They are the great engine of progress because they take chances and believe in themselves. Let me vomit.

 

[DesiPower]

Isn't it great? He blamed Bush and championed Clinton all in one thread. How will he show his face at the next RNC?

I blame Bush too, I am not a fan of Clinton either, I hate all politicians. I believe I am a conservative but definitely not a Republican, heres my political compass. Obama I specially hate coz he promised Americans that he will walk on water. American voters are naive, I didn't expect them to see fully through this person, but what he did, how he presented himself was outrageous.

 

[punjabiplaya]

I have no sympathy for people making multi-million dollar salaries.

 

[DesiPower]

And someone is preventing you from doing this now?

No, Obama is pissing off my CEO and I dont like it

 

[DesiPower]

50 cents in India is like, a bazillion dollars here.

no its not, its like 20 bucks, wont even buy you a decent meal, you may be confusing with China

 

[dank69]

I blame Bush too, I am not a fan of Clinton either, I hate all politicians. I believe I am a conservative but definitely not a Republican, heres my political compass. Obama I specially hate coz he promised Americans that he will walk on water. American voters are naive, I didn't expect them to see fully through this person, but what he did, how he presented himself was outrageous.

I think he only promised change. I took it as he meant he would try to keep the country from flying off the cliff we were headed for. I believe he succeeded (barely) but you are of course entitled to your opinion.

No, Obama is pissing off my CEO and I dont like it

So you know your CEO personally? What exactly has Obama done to him and why is he pissed about it, if I may ask?

 

[DesiPower]

*Snip*

So you know your CEO personally? What exactly has Obama done to him and why is he pissed about it, if I may ask?

So you know your CEO personally? - ??? where did I say that ???

What exactly has Obama done to him and why is he pissed about it, if I may ask? - What is this thread about then?

 

[dank69]

no its not, its like 20 bucks, wont even buy you a decent meal, you may be confusing with China

Hyperbole. I am pretty sure the ratio is more than 40:1 though. I don't keep up with that stuff, though. (yet )

 

[her209]

Actually, he's going after all companies whether or not he realizes it. Making small businesses file tax returns for every vendor they deal with that supplies them with > $600 worth of goods is a red tape nightmare. Do you think a plumber, flower shop, hardware store, etc wants to deal with that? Is savvy enough to deal with that? Nope. Now he's got to spend $2k hiring an accountant to fill all that crap out plus keep highly organized paperwork, etc. An expense in time and effort he/she could be using to run the business and make money. And this is just one example.

Why is it a red tape nightmare? Businesses don't meticulously keep track of their expenses? The only difference now is that businesses can't cheat by under reporting their income.

 

[dank69]

So you know your CEO personally? - ??? where did I say that ???

What exactly has Obama done to him and why is he pissed about it, if I may ask? - What is this thread about then?

You said Obama is pissing off your CEO...
Is your CEO listed in the OP?
How do you know your CEO is pissed off then? Is it just an assumption based on...spidey's claims?

 

[DesiPower]

Hyperbole. I am pretty sure the ratio is more than 40:1 though. I don't keep up with that stuff, though. (yet )

~45

 

[Doc Savage Fan]

Yes. For example, you will want to continue to believe I need to learn more about what happened and why and that you need to tell me that rather than what you think I don't know and why I should know it.

I hoped you would find out for yourself that the economic collapse was truly a 'bipartisan' effort. By blaming only Bush and Republicans...you reveal the apparent depth of your understanding.

But if we did it that way you might risk finding out that what you think you know and why you think you know it pales in comparison to what I know and why, eh?

...or perhaps you might risk finding out the opposite is true as well as the reason the suggestion was made in the first place.

But hey...I'm always willing to learn...tell me why the economic collapse was the fault of Bush and conditions created by the Republicans.

 

[DesiPower]

You said Obama is pissing off your CEO...
Is your CEO listed in the OP?
How do you know your CEO is pissed off then? Is it just an assumption based on...spidey's claims?

dank69:"Haha! You know your CEO?"
DesiPower:"I did not say I know him! I said he once called me to congratulate on my Promotion"

 

[dank69]

Desi, I am just looking for clarification. You said that Obama is pissing off your CEO as if it were fact. I am now well aware that you don't know shit about your CEO or what he thinks.

 

[DesiPower]

Desi, I am just looking for clarification. You said that Obama is pissing off your CEO as if it were fact. I am now well aware that you don't know shit about your CEO or what he thinks.

OK, thats is not the point here, when I said "my CEO" I didnt mean "me" and "my CEO" literally, I meant CEO's in general and employees like me in general. This part of my response began when someone pointed out that your CEO will not share the doughnut with you... well... my response was - I don't want or expect my CEO to share his salary with me, I just expect him to pay me well, which he is, I am getting competitive salary in the market and that's all I care about.

Is it just an assumption based on...spidey's claims?

Of course it is, isn't that what this thread is about?

 

[Moonbeam]

I hoped you would find out for yourself that the economic collapse was truly a 'bipartisan' effort. By blaming only Bush and Republicans...you reveal the apparent depth of your understanding.


...or perhaps you might risk finding out the opposite is true as well as the reason the suggestion was made in the first place.

But hey...I'm always willing to learn...tell me why the economic collapse was the fault of Bush and conditions created by the Republicans.

Deification of deregulation, the Republican god.

 

[dank69]

OK, thats is not the point here, when I said "my CEO" I didnt mean "me" and "my CEO" literally, I meant CEO's in general and employees like me in general. This part of my response began when someone pointed out that you CEO will not share the doughnut with you... well... my response was - I don't want or expect my CEO to share his salary with me, I just expect him to pay me well, which he is, I am getting competitive salary in the market and that's all I care about.

Hey me, too! How long do you think before yours is off-shored? I give mine 5 years at best! I'd give many of the people around me until the end of the year, at best. End of the month more likely.

Of course it is, isn't that what this thread is about?

I didn't take you for a guy that lent any credence to any of spidey's claims. My bad

 

[sao123]

The job market is growing as is business income. The recession is over. Soon democrats will begin to work on the deficit, but not yet. Bush almost killed us and it will take more time to fully recover. Meanwhile the assholes of the right will scream about the conditions they created and use them to try to get elected, fucking worthless scum that they are.

404, job growth no found.

our economy will continue to shrink until Blue Collar jobs are growing and labor is back in demand. All the returning soldiers are going to further flood the labor market thus straining the situation even further.

 

[DesiPower]

Hey me, too! How long do you think before yours is off-shored? I give mine 5 years at best! I'd give many of the people around me until the end of the year, at best. End of the month more likely.

Well, that's exactly my point, rather than asking the CEO's to shed money, he should be working towards preventing them from outsourcing, tax outsourced jobs, define a limit, stop import. If he does all that and then the CEO's are pissed off then I will be all for him, right now all he wants to do is to get them to pay up in terms of personal income taxes and does not make sense

 

[Throckmorton]

I like how everyone is attacking spidy and ignoring what the CEOs themselves are saying.

It should be clear to anyone paying attention that Obama and his team have no clue at all about creating jobs.

Obama and the Democrats push through all these mandates and regulations that hurt businesses and then they sit back and scratch their heads in confusing when the businesses stop hiring.

Statements like this make it really clear to me that you conservatives have a fundamental misunderstanding of capitalism. Capitalism isn't charity. An employer doesn't "create a job". Demand for the product or service produced by a job is what creates a job.

The tax rate that an employer pays on an employee's salary is 0%.

 

[Doc Savage Fan]

Deification of deregulation, the Republican god.

Can you be more specific or am I to assume that you're incapable of doing so?