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Political Talk
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Old 01-28-2014, 08:44 AM   #21
'busa
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Delusions, Michael.

You can't even afford GIFs? You must be in the bottom 1%...
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Old 01-28-2014, 08:58 AM   #22
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SoA?
1%er patch. Been around a lot longer than SAMCRO.
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Old 01-28-2014, 09:27 AM   #23
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Good read guys.
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"Economics cannot answer such normative or prescriptive questions about how much of our market incomes, if any, should be transferred to poor families. This is a political question that can only be answered at the ballot box, or in some countries, at the point of a gun."
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Old 01-28-2014, 09:27 AM   #24
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You can't even afford GIFs? You must be in the bottom 1%...
Meh
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Old 01-28-2014, 09:39 AM   #25
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Meh
That sums up your arguments pretty well.
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Old 01-28-2014, 09:55 AM   #26
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Why does the 1% have a bad connotation to it? As if the other 99% were short changed when Jesus/Allah/Morgan Freeman/Easter Bunny were giving out all of the money?

No, they worked hard for it.
lol. parroting fox news is hilarious



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Old 01-28-2014, 01:31 PM   #27
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That sums up your arguments pretty well.
Pretty busy day, my man...
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Old 01-28-2014, 01:39 PM   #28
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lol. parroting fox news is hilarious



I try my best to consider all sources.

I'm always a bit confused by these charts... Where does it say anyone did anything wrong?
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Old 01-28-2014, 01:44 PM   #29
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I try my best to consider all sources.

I'm always a bit confused by these charts... Where does it say anyone did anything wrong?

http://www.nber.org/digest/dec08/w13982.html

"CEOs, through compensation committees and inbreeding of boards of directors, have a unique ability to control their own compensation," the authors write. "Furthermore, if a director approves a higher compensation package, that may subsequently lead her to receive more compensation at her own firm."

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Old 01-28-2014, 01:46 PM   #30
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Let's not forget golden parachutes that CEO's get for being utter failures at their jobs.
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Old 01-28-2014, 01:47 PM   #31
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"In large part, the authors find that the deterioration of certain institutions and policies are to blame. They report that falling union coverage, weakened product market and employment protection regulation, and shrinking tax wedges have all contributed to increased inequality."

http://www.usnews.com/opinion/blogs/...ome-inequality
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Old 01-28-2014, 02:01 PM   #32
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Let's not forget golden parachutes that CEO's get for being utter failures at their jobs.
I am thinking you will begin to see the golden parachute trend start to disappear if it hasn't already started.
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Old 01-28-2014, 02:02 PM   #33
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I am thinking you will begin to see the golden parachute trend start to disappear if it hasn't already started.
source?
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Old 01-28-2014, 02:16 PM   #34
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source?
No source. Just a hunch. Business models are changing, so the 1980 models will start to disappear. I don't see them as good from a business standpoint. I think they hurt shareholders as much they benefit, especially with the outrageous packages. Golden parachutes were typically designed for mergers and acquisitions where a CEO is very likely to loose his job due the natural shakeup caused by M&A. The excessively high packages being offered are detrimental.

With all the I thinks, etc. take it for what you will.

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Old 01-28-2014, 02:18 PM   #35
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I hope your hunch is right but I don't see why they would get rid of them, nor any indication it is going to happen.
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Old 01-28-2014, 02:20 PM   #36
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This is gold.
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Old 01-28-2014, 02:22 PM   #37
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http://www.nber.org/digest/dec08/w13982.html

"CEOs, through compensation committees and inbreeding of boards of directors, have a unique ability to control their own compensation," the authors write. "Furthermore, if a director approves a higher compensation package, that may subsequently lead her to receive more compensation at her own firm."

You don't see the salaries' of executives being a motivator for employee's to develop themselves.
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Old 01-28-2014, 02:24 PM   #38
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You don't see the salaries' of executives being a motivator for employee's to develop themselves.
only 1 person can rise to the top, classic pyramid scheme. how motivating is it to know you probably won't ever be CEO?
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Old 01-28-2014, 02:51 PM   #39
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only 1 person can rise to the top, classic pyramid scheme. how motivating is it to know you probably won't ever be CEO?
I dunno, at GEICO I was very embolded by the idea that I could one day rise from mere insurance adjuster to be the next Warren Buffet.
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Old 01-28-2014, 02:52 PM   #40
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I dunno, at GEICO I was very embolded by the idea that I could one day rise from mere insurance adjuster to be the next Warren Buffet.
cool! you totally made it to CEO right?
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