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-   -   Obama caps executive pay at 500K (https://gfy.com/showthread.php?t=885809)

Loryn 02-04-2009 04:58 PM

Quote:

Originally Posted by directfiesta (Post 15439448)
Wonder why Bush did not do that .... ??????





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:1orglaugh

Well actually he wanted to regulate Fannie Mae and Freddie Mac but the Dems didn't want to and saw there were no problems at all. Don't take my word take the words right out of their mouths.
https://youtube.com/watch?v=_MGT_cSi7Rs
whether you are a Dem or a Rep you can't deny the words that come out of peoples mouths!!!

Sorry I do not like big government AT ALL. I don't care who is in the office I do not like it. I call a spade a spade whether I like a person or not. I didn't care for a ton of shit Bush did. He spent WAY too fucking much money and kissed way too much ass. I do not like the money this administration wants to spend either. But I know now everyone is on a government high. It is truly scary.

Loryn 02-04-2009 05:02 PM

Quote:

Originally Posted by dyna mo (Post 15439636)
:1orglaugh:1orglaugh:1orglaugh care for some more neocon koolaid?

Noecon cooliad??? I just said that both administrations are fucked. See how you took it the way YOU wanted too and not the way I said it??? This is exactly what I am talking about. If you say anything bad about the government now you are a considered wrong. Gee I don't think it was too long ago when people were saying that about Bush too!!! SAME OL' SAME OL'!!! :1orglaugh

Drake 02-04-2009 05:10 PM

It's window dressing. It's going to be based on the honor system with no enforcement. Therefore, CEOs are going to be paid in the same way they are now (which is on average 400 times more than their front line employees according to Lou Dobbs).

dyna mo 02-04-2009 05:11 PM

Quote:

Originally Posted by Loryn (Post 15439665)
Noecon cooliad??? I just said that both administrations are fucked. See how you took it the way YOU wanted too and not the way I said it??? This is exactly what I am talking about. If you say anything bad about the government now you are a considered wrong. Gee I don't think it was too long ago when people were saying that about Bush too!!! SAME OL' SAME OL'!!! :1orglaugh

all that poster said that you replied to was that we should all hope this administration fixes the fuck ups of the last.


and that is a hope we should all have- you went on your diatribe against that and that is why i replied the way i did. you can be negative all you want and have your doomsday view that the world is fucked (welcome to neoconvillle) , but many of us have a view of hope and optimism that things can get better. :)

pocketkangaroo 02-04-2009 05:33 PM

Quote:

Originally Posted by yys (Post 15438420)
Whats a vp in one of these firms advisory business worth if he brought in $5 million + in fees for the year? Tell them the government says their capped at $500K and you can kiss their book goodbye.

Plenty of exec's in these firms who screwed the pooch but there are plenty who are still making money for the firms.

To be honest, perhaps those skilled VPs are better off at companies that don't need hundreds of billions in taxpayer funds to stay in business.

directfiesta 02-04-2009 05:50 PM

Quote:

Originally Posted by Loryn (Post 15439646)
Well actually he wanted to regulate Fannie Mae and Freddie Mac but the Dems didn't want to and saw there were no problems at all. Don't take my word take the words right out of their mouths.

Didn't see Bush there ,,,

Today, it is the president Obama that made that statement, not some other people ...

And your clip refers to Fanny Mae, not to cut pay of executives .... Bush wanted to increase them , mainly with tax cuts...

:2 cents:

D Ghost 02-04-2009 05:53 PM

Yeah,

#1.) The companies took the money, welcome to socilaism
#2.) A day late, and a dollar short (literally) Obama, the damage has already been done. Most hands already got what they wanted out of the national cookie jar

Fuck the companies + Fuck Obama

Snake Doctor 02-04-2009 06:53 PM

This is Obama's PATCO moment.

Just like in 1981, when the air traffic controllers went on strike and Reagan fired them all, and that signaled something much larger, a shift in power away from organized labor towards business.....this move by Obama does the same thing, but swinging the pendulum back the other way.

GatorB 02-04-2009 07:15 PM

Quote:

Originally Posted by sperbonzo (Post 15437946)
Well.... the companies took the bailout. Welcome to socialism.

Those execs that are worth more will simply go elsewhere to a company that will pay them what they are worth.


.

where are these companies that are hiring? if you took bailout money that means you sucked. Who is going to hire someone who sucks? which company is going to say "yes let's hire that gy who ran the other company so badly they needed bailout money."

doridori 02-04-2009 07:16 PM

bad move by obama, but not surprised. obama is the introduction of socialism in america. this is not the time for protectionism.

also there is going to be a lot of different opinions on this. not gonna bother opening this one up.

GatorB 02-04-2009 07:21 PM

Quote:

Originally Posted by joshgirls (Post 15438212)
great idea. cut the pay of the leaders you need to restore the business. Meanwhile the people that destroyed the business already got paid & are gone.

are you retarded? that's like someone bitching about the free government cheese they got because it wasn't brie. Sorry if YOU want to give these guys more of YOUR money go write them a check. They've already got enough of mine. These companies rather lay off 1000 workers making 30,000 a year than cut some guys pay from 50 million to 20 million which is the same amount. And let's face facts the higher up in managment you are the dumber you are. That's why they are in mangement. If they could do actual REAL work they'd be doing it. They put them in mangement to lessen the damage.

Overload 02-04-2009 08:59 PM

oh well, nice move but ... we all know companies have "golden parachute" programs, dont we? anyways, it s a good idea ...

tony286 02-04-2009 09:05 PM

Quote:

Originally Posted by doridori (Post 15440228)
bad move by obama, but not surprised. obama is the introduction of socialism in america. this is not the time for protectionism.

also there is going to be a lot of different opinions on this. not gonna bother opening this one up.

they took tax money,its not like he is telling apple or google what to pay their team.these people wouldnt have job if they didnt get the government bailout.

Ozarkz 02-04-2009 09:08 PM

They shouldn't cap the wages. They should fire anyone that is worthless and hire people who have a proven track record with recent accomplishments.

and they aren't going to work for free.

StuartD 02-05-2009 04:32 AM

Quote:

Originally Posted by tony404 (Post 15440495)
they took tax money,its not like he is telling apple or google what to pay their team.these people wouldnt have job if they didnt get the government bailout.

That's the thing right there, isn't it... without the bailout, they'd be making $0 and have to go find work elsewhere anyway.

They failed, they should be happy they are making anything at all.

SpeakEasy 02-05-2009 07:05 AM

Quote:

Originally Posted by sperbonzo (Post 15437946)
Well.... the companies took the bailout. Welcome to socialism.

Those execs that are worth more will simply go elsewhere to a company that will pay them what they are worth.


.


"What they are worth" are you for real ??? These asshats put these companies into bankruptcyy, !!!! My fucken dog could do that for free. These so called executives are failures in business and should be nothing more that McDanalds employees.:2 cents::2 cents:

C_U_Next_Tuesday 02-05-2009 07:24 AM

Quote:

Originally Posted by IllTestYourGirls (Post 15438689)
question. Does this include FUTURE ceos? Or just the ones that ran the companies into the ground? And if it does include future ceos how do they expect to get anyone competent at 500k a year?

There will always be someone willing to do the job cheaper.. doesnt mean they are less competent. The previous CEO's proved incompetent at their ridiculous salaries and lavish spending.

Who the fuck balks at 500K? Sorry, but they could still live the lavish life on half of that.


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