Obama wants to cap all executive pay? - GoFuckYourself.com

IllTestYourGirls · 03-21-2009, 05:38 PM

http://www.nytimes.com/2009/03/22/us...2regulate.html

Quote:

The new rules will cover all financial institutions, including those not now covered by any pay rules because they are not receiving federal bailout money. Officials say the rules could also be applied more broadly to publicly traded companies, which already report about some executive pay practices to the Securities and Exchange Commission. Last month, as part of the stimulus package, Congress barred top executives at large banks getting rescue money from receiving bonuses exceeding one-third of their annual pay.

SBJ · 03-21-2009, 05:42 PM

wow that is messed up!

tony286 · 03-21-2009, 05:44 PM

its messed up? these mother fuckers wrecked our country.

Malicious Biz · 03-21-2009, 05:46 PM

Those capitalist swine get no sympathy from me. Bravo Obama.

After Shock Media · 03-21-2009, 05:47 PM

I can only say WOW! and not to what was quoted but all of the replies.

IllTestYourGirls · 03-21-2009, 05:49 PM

Quote:

Originally Posted by tony404

its messed up? these mother fuckers wrecked our country.

So playboy wrecked our country?

Quote:

Officials say the rules could also be applied more broadly to publicly traded companies

tony286 · 03-21-2009, 05:51 PM

Its not communism people dont care warren buffet is rich or bill gates or the google guys. They love watching rich brats on tv ie: paris hilton ,who are famous only for having money.They love watching Donald Trump fire people.So the whole communism and class warfare thing is nonsense. These guys fucked the whole country and want to take no responsibility. They should be thrown in jail. But it shows you whatever side you are on we have a very corrupt government ,it actually makes me sad.
It also makes me think they knew the end was coming and had to get rid of Eliot because he would been a big problem for them.

Doctor Dre · 03-21-2009, 05:52 PM

That'll send away all the good guys in the private sector.

I would be more for a law that puts crooks who put systemic risk on the financial system in jail.

IllTestYourGirls · 03-21-2009, 05:54 PM

Time for these companies to pack up and move over seas. Why would they stay here?

tony286 · 03-21-2009, 05:55 PM

Quote:

Originally Posted by IllTestYourGirls

So playboy wrecked our country?

what are you talking about? if you read the whole article it is focused on financial.Also if you are a public company you like those stock dollars then you have to be answerable. These guys get big deals to hit short term numbers they do that by shipping jobs offshore and cutting as many employees as possible. So they get the big bucks. I dont know what you do for a living but those laid off and replaced people buy porn memberships.

tony286 · 03-21-2009, 05:57 PM

Quote:

Originally Posted by IllTestYourGirls

Time for these companies to pack up and move over seas. Why would they stay here?

let them all go. it cant be worse than the shit they have done here.

IllTestYourGirls · 03-21-2009, 06:02 PM

Quote:

Originally Posted by Doctor Dre

That'll send away all the good guys in the private sector.

I would be more for a law that puts crooks who put systemic risk on the financial system in jail.

Thats not Obamas plan. Bailout those who failed punish those who played fair.

IllTestYourGirls · 03-21-2009, 06:03 PM

Quote:

Originally Posted by tony404

let them all go. it cant be worse than the shit they have done here.

How much did you pay extra in your taxes this year so Obama can pay for his budget that will put us 1+ trillion more in debt then originally thought?

tony286 · 03-21-2009, 06:32 PM

Quote:

Originally Posted by IllTestYourGirls

How much did you pay extra in your taxes this year so Obama can pay for his budget that will put us 1+ trillion more in debt then originally thought?

none i make under 250k. Healthcare and energy and education have to be dealt with. Health care costs are preventing businesses from being competitive in the world. Also 4 percent isnt the end of the world considering alot of people got rich during the Clinton years at that rate.Also it was 70 % under Nixon and 50% the first term of Reagan.Also everyone wanted to go to war someone has to pay for it. W did it on the chinese credit card. People seem to forget all the debt that was left to him.

pocketkangaroo · 03-21-2009, 07:05 PM

I think you're trying to pull something out of that article that isn't there. From what I read, he wants to put more regulations on how executives can give payouts while giving more power to the shareholders.

From what I've been reading, it seems more based on reporting and how open these executives must be. They can't hide golden parachutes from shareholders and work against the best interest of the company. There is a fine line between embezzelment and executive bonuses. I think the regulations are just looking to make that line a little clearer.

Splum · 03-21-2009, 07:09 PM

Obama is a smart man, leave him alone you fucking meanie!

LiveDose · 03-21-2009, 07:10 PM

Quote:

Originally Posted by tony404

its messed up? these mother fuckers wrecked our country.

You're talking about congress right?

baddog · 03-21-2009, 07:11 PM

Quote:

Originally Posted by tony404

its messed up? these mother fuckers wrecked our country.

Yeah, let's hear what you have to say when someone caps your pay.

baddog · 03-21-2009, 07:11 PM

Quote:

Originally Posted by tony404

Its not communism people

Bullshit.

baddog · 03-21-2009, 07:13 PM

Quote:

Originally Posted by tony404

none i make under 250k.

You are such a dreamer. You swallowed his bullshit hook, line and sinker. Probably asked for seconds.l

tony286 · 03-21-2009, 07:15 PM

Quote:

Originally Posted by baddog

Yeah, let's hear what you have to say when someone caps your pay.

So you approve of just keep letting the guys who fucked this country in the ass just to run free. And if you took the time to read the article you would see whats its about. Instead of just trying to argue for the stake of arguing. I still like you anyway. Im happy today and Im going to stay that way.

tony286 · 03-21-2009, 07:17 PM

Quote:

Originally Posted by baddog

You are such a dreamer. You swallowed his bullshit hook, line and sinker. Probably asked for seconds.l

Oh you know something different? I guess you just looked over when I keep saying probably 5 times now tim g has got to go. Please stop lol Protect the people that fucked your 401k its what the good sheep do.

pocketkangaroo · 03-21-2009, 07:25 PM

Quote:

Originally Posted by baddog

Yeah, let's hear what you have to say when someone caps your pay.

Where are you getting that this about capping what someone can make? It's about transparency for public companies and eliminating embezzlement. I don't see anything that says "execs can only make X amount of dollars".

HandballJim · 03-21-2009, 07:27 PM

I had seen on the news last night that the AIG executives had gaurds at their homes out of fear, in which AIG paid for...so I paid for. I have no respect for any of these CEO's or bank exects...they feds should cease their homes and accounts...and give back to the us.

This whole topic is hot right now and AIG is the scape goat at the moment...and taking the heat away from Obama. This has been going on for ever, and it will happen again in the future.

theking · 03-21-2009, 07:31 PM

Quote:

Originally Posted by tony404

none i make under 250k. Healthcare and energy and education have to be dealt with. Health care costs are preventing businesses from being competitive in the world. Also 4 percent isnt the end of the world considering alot of people got rich during the Clinton years at that rate.Also it was 70 % under Nixon and 50% the first term of Reagan.Also everyone wanted to go to war someone has to pay for it. W did it on the chinese credit card. People seem to forget all the debt that was left to him.

It was 90 or 92% when JFK came to power.

psili · 03-21-2009, 07:35 PM

I'd love to see the following rules put in place:

- Don't mess around with the dude who has a cartoon bike. He's old skoool. And, like Chuck Norris, doesn't have to post shit, but just has to post.

- Don't post responses to those who make $.001 per post for copying, pasting, and posting what shows up on their fucked up RSS feed / news reader. We're all on the same Internet you shit stains.

cykoe6 · 03-21-2009, 10:12 PM

Obama is leading us down the path to ruin. His breathtakingly irresponsible economic proposals are like pouring gas on a fire trying to put it out. He is going to take a legitimate crisis and turn it into Armageddon......... perhaps that is his real agenda?

nation-x · 03-22-2009, 05:45 AM

There was a time when people were ridiculed because they said the earth was round

cherrylula · 03-22-2009, 07:03 AM

I love the Obama Drama.

Pleasurepays · 03-22-2009, 07:30 AM

Quote:

Originally Posted by tony404

let them all go. it cant be worse than the shit they have done here.

just proof that you are so completely clueless about even the most fundamental principles of macroeconomics or economics in general.

"they" - you like using the word "they"... who are "they"????

The Fed for historically low interest rates?
the person flipping homes?
the mortgage broker?
the banks lending officer?
Clinton Administration for the Community Reinvestment Act?
the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 making it harder for people to declare bankruptcy?
The banks for figuring out how to package loans to make them less risky?
The guys who created the first CDO's?
The S&P guys who gave them AAA investment ratings?
The Fed Chairman for saying there isn't going to be any fallout from the loan defaults and the CDO's values?
The SEC for letting all this happen?
The brokers, mutual funds, investment funds, insurance companies and others that couldn't wait to snatch them up?
The obvious and inevitable housing market bubble bursting?

the list goes on for ever as to who is "responsible" - and it starts at the bottom from the idiot who bought a house where payments were 40% of his income on up the chain to the top.

in addition to that... all that you are ranting about, had it not happened, would have denied home ownership to millions of people.. which is a funny irony.

and last but not least.... since you fucktards can't wrap your mind around it..

ECONOMIES EXPAND AND CONTRACT and the two are relative to each other. We had 20 years of unprecedented, global economic growth and IT HAD TO END SOMETIME. LIKE ALL OTHER RECESSIONS WHICH ARE A SYMPTOM OF GROWTH..

how fucking simplistic does a person have to be to just sit back and point the finger at one or a few and say "they did it to me"... "they caused this"?

nation-x · 03-22-2009, 07:34 AM

Quote:

Originally Posted by IllTestYourGirls

http://www.nytimes.com/2009/03/22/us...2regulate.html

Quote:

Originally Posted by Repuglican

The new rules will cover all financial institutions, including those not now covered by any pay rules because they are not receiving federal bailout money. Officials say the rules could also be applied more broadly to publicly traded companies, which already report about some executive pay practices to the Securities and Exchange Commission. Last month, as part of the stimulus package, Congress barred top executives at large banks getting rescue money from receiving bonuses exceeding one-third of their annual pay.

This is a typical practice that I see right wingers do alot. Take a news item/article and edit it with the hopes noone actually reads the article. Here is what the article actually says.

Quote:

Originally Posted by NYT

One proposal could impose greater requirements on company boards to tie executive compensation more closely to corporate performance and to take other steps to ensure that compensation was aligned with the financial interest of the company.

The new rules will cover all financial institutions, including those not now covered by any pay rules because they are not receiving federal bailout money. Officials say the rules could also be applied more broadly to publicly traded companies, which already report about some executive pay practices to the Securities and Exchange Commission.

During the presidential campaign, Mr. Obama repeatedly urged regulators to adopt new rules to give shareholders a greater voice in setting executive pay for all public companies. And last month, as part of the stimulus package, Congress barred top executives at large banks getting rescue money from receiving bonuses that exceeded one-third of their annual pay.

nation-x · 03-22-2009, 07:41 AM

nice 2000th post lol

BlackCrayon · 03-22-2009, 08:19 AM

it will never happen...

IllTestYourGirls · 03-22-2009, 09:43 AM

Quote:

Originally Posted by tony404

none i make under 250k.

No I did not mean how much more were you forced by gun to pay. How more did you willingly give to the government this year to show your support for Obamas plan? Or do you just expect other people to pay more?

Reak AGV · 03-22-2009, 09:44 AM

Omg, that's horrible man..

12clicks · 03-22-2009, 10:57 AM

heh, no surprise seeing the bitterness boy in here again railing against his betters

nation-x · 03-22-2009, 11:08 AM

Quote:

Originally Posted by 12clicks

heh, no surprise seeing the bitterness boy in here again railing against his betters

You remind me of pimpdog... do you have a drug problem too?

12clicks · 03-23-2009, 05:36 AM

Quote:

Originally Posted by nation-x

You remind me of pimpdog... do you have a drug problem too?

still trying to appear relevant on the weekends?

chatboards, where failures pretend to be someone.

pornguy · 03-23-2009, 05:52 AM

The Elite Super rich Class of people was getting a bit crowded so they found a way to get rid of some..

AlCapone · 03-23-2009, 06:04 AM

Bravo! Fuckheads need to be paying the employees more, instead of riding their backs to the bank.

Fletch XXX · 03-23-2009, 06:05 AM

obama threads ftl

12clicks · 03-23-2009, 06:08 AM

Quote:

Originally Posted by AlCapone

Bravo! Fuckheads need to be paying the employees more, instead of riding their backs to the bank.

said the fyr-0-lator operator

Doctor Dre · 03-23-2009, 06:48 AM

Quote:

Originally Posted by IllTestYourGirls

Thats not Obamas plan. Bailout those who failed punish those who played fair.

And who'll want to work there? When the best guys are able to get 10x the salary for a competing compagny.

03-21-2009, 05:42 PM	#2
SBJ So Fucking Fabulous Industry Role: Join Date: Apr 2003 Location: Indiana Posts: 11,374	wow that is messed up! __________________ Chaturbate - Make tons of money from Cams! *Name Silo - Domains under $9 and free ID protect*

03-21-2009, 05:47 PM	#5
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	I can only say WOW! and not to what was quoted but all of the replies. __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

03-21-2009, 05:54 PM	#9
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	Time for these companies to pack up and move over seas. Why would they stay here? __________________

03-21-2009, 07:27 PM	#24
HandballJim Confirmed User Industry Role: Join Date: Sep 2008 Location: NYC Posts: 4,024	I had seen on the news last night that the AIG executives had gaurds at their homes out of fear, in which AIG paid for...so I paid for. I have no respect for any of these CEO's or bank exects...they feds should cease their homes and accounts...and give back to the us. This whole topic is hot right now and AIG is the scape goat at the moment...and taking the heat away from Obama. This has been going on for ever, and it will happen again in the future. __________________ HOW I MAKE LOTS OF $$$

03-21-2009, 07:35 PM	#26
psili Confirmed User Join Date: Apr 2003 Location: Loveland, CO Posts: 5,526	I'd love to see the following rules put in place: - Don't mess around with the dude who has a cartoon bike. He's old skoool. And, like Chuck Norris, doesn't have to post shit, but just has to post. - Don't post responses to those who make $.001 per post for copying, pasting, and posting what shows up on their fucked up RSS feed / news reader. We're all on the same Internet you shit stains. __________________ Your post count means nothing.

03-21-2009, 05:44 PM	#3
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	its messed up? these mother fuckers wrecked our country.

03-21-2009, 05:46 PM	#4
Malicious Biz So Fucking Banned Join Date: Mar 2005 Location: Put Shoe On Head Plz Posts: 4,575	Those capitalist swine get no sympathy from me. Bravo Obama.

03-21-2009, 05:51 PM	#7
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	Its not communism people dont care warren buffet is rich or bill gates or the google guys. They love watching rich brats on tv ie: paris hilton ,who are famous only for having money.They love watching Donald Trump fire people.So the whole communism and class warfare thing is nonsense. These guys fucked the whole country and want to take no responsibility. They should be thrown in jail. But it shows you whatever side you are on we have a very corrupt government ,it actually makes me sad. It also makes me think they knew the end was coming and had to get rid of Eliot because he would been a big problem for them.

03-21-2009, 07:05 PM	#15
pocketkangaroo Confirmed User Join Date: Jan 2005 Location: Chicago, IL Posts: 8,452	I think you're trying to pull something out of that article that isn't there. From what I read, he wants to put more regulations on how executives can give payouts while giving more power to the shareholders. From what I've been reading, it seems more based on reporting and how open these executives must be. They can't hide golden parachutes from shareholders and work against the best interest of the company. There is a fine line between embezzelment and executive bonuses. I think the regulations are just looking to make that line a little clearer.

03-21-2009, 07:09 PM	#16
Splum Confirmed User Join Date: May 2003 Location: USA Posts: 6,195	Obama is a smart man, leave him alone you fucking meanie!

03-21-2009, 10:12 PM	#27
cykoe6 Confirmed User Industry Role: Join Date: Apr 2005 Location: Vegas Posts: 4,499	Obama is leading us down the path to ruin. His breathtakingly irresponsible economic proposals are like pouring gas on a fire trying to put it out. He is going to take a legitimate crisis and turn it into Armageddon......... perhaps that is his real agenda? __________________ бабки, шлюхи, сила

03-22-2009, 05:45 AM	#28
nation-x Confirmed User Industry Role: Join Date: Mar 2004 Location: Rock Hill, SC Posts: 5,370	There was a time when people were ridiculed because they said the earth was round

03-22-2009, 07:03 AM	#29
cherrylula lol Industry Role: Join Date: Jan 2002 Posts: 15,969	I love the Obama Drama.

03-22-2009, 07:41 AM	#32
nation-x Confirmed User Industry Role: Join Date: Mar 2004 Location: Rock Hill, SC Posts: 5,370	nice 2000th post lol

03-22-2009, 08:19 AM	#33
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	it will never happen... __________________ you don't know you're wearing a leash if you sit by the peg all day..

03-22-2009, 09:44 AM	#35
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03-22-2009, 10:57 AM	#36
12clicks Too lazy to set a custom title Industry Role: Join Date: Jan 2001 Location: God's right hand Posts: 19,785	heh, no surprise seeing the bitterness boy in here again railing against his betters __________________ I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.

03-23-2009, 05:52 AM	#39
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03-23-2009, 06:04 AM	#40
AlCapone Confirmed User Join Date: Sep 2003 Posts: 708	Bravo! Fuckheads need to be paying the employees more, instead of riding their backs to the bank. __________________ "You can get more with a kind word and a gun than you can with a kind word alone.”

03-23-2009, 06:05 AM	#41
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	obama threads ftl __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me Last edited by Fletch XXX; 03-23-2009 at 06:07 AM..