One is our money (gove worker) - the other is not my your or anyones money (CEO)
Why would you care of a CEO of a public company makes 10 million a year- its not your money its public sector money.
(as long as the company neither needed or accepted bail out money)
The ceo risks jail time every time he signs a financial statement (every 3 months) where the government worker is nearly immune form prosecution regardless of their antics.
Help me understand why you care what a ceo makes?
Winter sand ~ Summer spray
Did he run/plead for the Gov. job?
Did he understand the mess he was getting into?
Now onto the your problem of asking Public Employees to take a cut.
Comparing Jerry Brown to a CEO making Millions of $'s is even for you incredible!!
What amount of $'s has Moombeam made for the State of California and $'s for investors taking a chance on a company.?
I realize you just don't get it.
We were just talking about the '92 riots. It's been 20 years since the LA riots, the Watts riots were 47 years ago, and the Zoot Suit riots were 69 years ago. It seems like it's ready to happen again there soon. Next year L.A is going to file for bankruptcy. California is in deficit problems. Businesses are leaving in droves which means less revenue. The more he taxes, the more businesses will leave, as well as those with money. That only leaves some businesses that can't leave and government businesses. Think about how many people will be on welfare and unemployment. That's going to cause a huge backlash and a need for huge reduction in entitlements. Look for those on welfare to start rioting in the streets looking for their hand outs. I'm sure glad I no longer live in California!!!
We're well armed here....
Here is the most recent info on the latest banking CEOs 20 billion fail!
JPMorgan Chase Has Lost $20 Billion On Its Bad Trade, Taking Into Account Share Price
Last edited by zombie; 05-14-2012 at 07:12 PM.
So they lost 2 billion investing. So they stimulated 2 billion of the economy by losing money to someone else? It didn't just die unless the government took it.
2 billion is laughable, it was less than 2% of the companies value. I lost many more times that in some quarters in last year's market.
Back to the subject of Brown and his tax wish. Those cuts annonced to workers won't be avoided if the taxes do not pass.
I just thought Bob claiming that $174K was an extreme salary for the top executive of our state government was out of line when you compare that salary to what a CEO of a large corporation might make. The job of governor of a state like CA is similar in the amount of responsibility to a CEO of a large corporation, is it not? The CEO has a lot more freedom in implementing a plan for his organization than a governor has, so you could even go as far as saying the CEO has an easier job because the way our disfunctional state government is set up. And, no matter how good of a plan a governor may come up with, the odds are against him of ever enacting it fully because of the restrictions placed on the power of his office. CEOs don't have that problem.
You bring up CEOs and jail, but how often do CEOs at the highest level actually get convicted of a crime and sent to jail? How many of the CEOs from financial institutions went to jail after the meltdown in 2008? And as for anyone going after CEOs in civil court, all those guys have D&O insurance that covers their asses so they aren't risking their personal assets. So as far as you saying the big CEOs are risking their asses so they deserve ridiculous salaries, I'm not buying that.
Does that brain dead moron have any idea how much difference there is between blowing 2 billion and 2 trillion. Now whos tanking the economy again? Are you fucking serious? No wonder you had to work as a paralegal for the feds. Your too stupid to be a court clerk for the Tombstone AZ.
CEO's goe to jail all the time - and spectacularly Bernie Ebbers (worldcom) Dennis Kozlowski- (Tyco) The enron clowns....
The only time CEOS seemingly dont go to jail is when they fail so spectacularly that you and I have to bail them out-
Whose regime was/is responsible for handing down indictments to these guys but did nothing?
O cant blame the wall st thieves walking scott free on Bush - that happened 100% under him.