Quote:
Originally Posted by bastid
Clearly you don't know many people that make more than $250k or you are ignorant to how hard most people work for their keep.
Ignorant I may be, but how many people do I need to know making over 250K though to not be? I did jump the gun with saying NO ONE earns 250K... I take that back.. From what I've seen and of course hear say leads me to believe that NOT ALL people earning over 250k deserve it.
You are comparing folks who make $250,000 a year to folks making tens of millions per year? Seriously? The issue isn't how much a CEO makes. Those who put money in these firms (both private investors and consumers of banking services) don't HAVE to do so if they don't agree with the ethical policies of its board of trustees or any other top earners in the company.
Yes, i was compairing folks making 250k to the ones making tens of millions.. not sure were you went with it after that sentence.
This is great news. You can live in a society where this exists today. Would you prefer China? or Cuba? I hear North Korea is great this time of year.
I'm not saying a doctor should earn the same as a nurse or that a store clerk should earn the same as the store owner. I'm also not saying that more of the profits should go to government. Im saying the % of whats made needs to be divided ethically within a company rather the the owner live like a pig while his workers (back bone of any company) struggle. I think it would be great if the government stepped in to make sure this doesnt happen. China, korea, cuba's government keeps that extra for themselves.
Case in point - Let him put a salary cap of $500,000 on Bank CEOs. That'll show those greedy bastards! We'll stick it to those who have stuck it to us for all those years.
Yes
Now, tally the amount of QUALIFIED people for that position in the "Willing to work for $500,000 as the CEO of a large bank" column vs. the "Go **** Yourself" column. I'd put my lunch money on the "Go **** Yourself" column 100 to 1. No one in their right mind is going to manage 10s of billions of dollars in assets for $500k annually and be someone qualified to do so. The guy who took over AIG for $1 annually will get paid a ridiculous amount of money in the end - mark my word.
well before the "ressesion" apparently there wasnt anyone qualified / smart enough to manage these banks. That goes without saying unless by qualified someone means they can make themselves millions while letting everyone else take the hit. Hopefully whoever is running these banks currently is qualified to make everyone alot of money THEN in my eyes he/she deserves tens of millions in their paycheck.
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Once again I take back my statement that NO ONE deserves to make over 250k.. I was heated at the time and onlythinking of the few I know/met that in my eyes don't deserve it.
