The problem with our country summarized

Discussion in 'Free Speech Alley' started by HalloweenRun, Sep 15, 2012.

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  1. martin

    martin Banned Forever

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    if those companies are run with such incompetence then let them fail.
     
    martin, Sep 17, 2012
    #41
  2. Winston1

    Winston1 Founding Member

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    Winston1, Sep 17, 2012
    #42
  3. red55

    red55 curmudgeon Staff Member

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    That is the way that it should work, but corporate America does not play by those rules.


    Everyone I own.

    You missed the point, as usual. The problem is too widespread to simply go somewhere else. The point is that stockholder should have some say in corporate compensation and they do not. Tell me, Mr. Free enterprise, why shouldn't the owners of a company be able to vote on executive compensation?
     
    red55, Sep 17, 2012
    #43
  4. LSUpride123

    LSUpride123 PureBlood

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    News flash, don't be a stock holder
     
    LSUpride123, Sep 17, 2012
    #44
  5. LSUsupaFan

    LSUsupaFan Founding Member

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    You already have all the say. You can either own the company or not. The average individual stockholder has neither the knowledge nor the time to worry about executive compensation. That is why such matters are handled by BODs. If you want to absolutely destroy corporation, by all means let the stockholders vote on executive comp.
     
    LSUsupaFan, Sep 17, 2012
    #45
  6. red55

    red55 curmudgeon Staff Member

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    Try to pay better attention. I've said nothing about governments setting compensation rates. I've said that execs are overcompensated because the cherry-picked boards are irresponsible and that the stockholders should have the right to vote on compensation, which they generally do not.

    "Hello" sounds socialist to you.

    You really don't know how it works, do you? The board advocates a policy and then votes. I always advocated pay based on job performance and owner participation in setting executive compensation. I got my way on the first, but not on the second.

    As you say, . . . at one time. But you offer no metric to justify the astonishing rise in executive compensation over the last 30 years. What metric can compare?

    The owners of the company have no say on how to compensate their own employees. How do you justify this, Mr. Free Enterprise? Didn't you just advocate earlier that only the investors wishes are germane? Which is it?

    When have i complained about someones success? When have I advocated government setting compensation rates? I have not. Stop making up stuff and calling me names just because your argument is poor.
     
    red55, Sep 17, 2012
    #46
  7. red55

    red55 curmudgeon Staff Member

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    Socialist.
     
    red55, Sep 17, 2012
    #47
  8. LSUsupaFan

    LSUsupaFan Founding Member

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    No metric is needed. Execs wanted lots more money, and corps were willing to pay lots more money. That is how free markets work.
     
    LSUsupaFan, Sep 17, 2012
    #48
  9. red55

    red55 curmudgeon Staff Member

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    You are a liar, I have never advocated either. Tell us what you believe, not what I believe, because you suck at it.
     
    red55, Sep 17, 2012
    #49
  10. martin

    martin Banned Forever

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    I disagree I think I am more concise and forthcoming about what you believe than you are.
     
    martin, Sep 17, 2012
    #50
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