If Moonbean was a CEO he would have recieved his walking papers already. You don't cut wages for the floor sweeper at GM, while handing out free lunches to the bum on the street from Mexico. Not if you expect to keep your OVERPAID job!Originally Posted by ram78d10
I dont see the CEO on the same plane of financial existance as the government worker to begin with.
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?
UD
Caltrans workers
You Lie!
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.
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.
Tommy
please refer yourself to post #16 of the Elizabeth Warren thread where you agree with Z that Romney should be called chief flip flopper or something to that description.
any questions, you can't even remember what you say.
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....
Thanks for posting that, I make it a point to NEVER do any of RTI's homework for him.
That's why he says that stuff, he knows I will never go looking for his BS.
Tommy
I think we should care what CEOs do!! The greedy bastards nearly tanked our economy a few years ago and we haven't recovered yet.... Then ker-pow! They fuck up again! This recent JP Morgan example of gaming the system is why we need to regulate these huge banking operations for our own self protection if nothing else.
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.
Shares will rebound. Look at BP during the spill. Adding in share price is a hilarious way to look at it. I have a buy target on this stock.
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 don't have a problem with a CEO earning a large salary if they deserve it. I do have problems with CEOs of companies that get bailed out getting large salaries or CEOs that screw up their companies getting golden parachutes when they are let go.
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.
The thing about the governer job is that we all wish it actually commanded greater respect than a regular public company gig, but it does NOT. IF Arnold Schwarzenegger can do it- anyone can.
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.
UD
So you are saying that a governor could get away with what these assholes went to jail for?
Bush could have initiated action, he doesn't get off scott free- it happened while he sat in the big chair. And I do believe one of Obama's biggest failures as president was not directing the appropriate authorities to prosecute these assholes to the fullest extent of the law. That just goes to show how intertwined Wall St and the US government have become and why a serious overhaul of regulations is really needed immediately. But let's be honest, which party is the one pushing to cut regulations on the financial sector that are already weaker than they should be? Which party fought Dodd Frank? Which party would squeal like a stuck pig if someone suggested Glass Steagull be put back in place?
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