The Presidency of Donald J. Trump: No smocking guns. - Page 1841 - Politics and Economics

First, I don't see any compelling reason why a company shouldn't be able to pay the CEO as much as it wants. Second, even if I agreed there should be some limit on CEO pay, I don't think multiple of lowest paid worker is a sensible way of setting it. Why should the CEO of, say, a software engineering firm be eligible to make many times more than the CEO of a fast food chain?

Software companies have janitors and HR drones too. CEO compensation is a joke. Right up there with sports and movie stars. Generally has nothing to do with performance and often remains untouched while other departments are faced with cuts because of the company's performance. I have no problem getting rid of Capitalism's princes to make the business stronger.

07-17-2017 , 05:04 PM

#46002

goofyballer

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Join Date: Jun 2005 Posts: 70,719

Quote:

Originally Posted by Rococo

Here is an interesting article on the evolution of the term "neoliberal" and the use of the term by the left wing of the Democratic party as a pejorative label for Obama/Clinton supporters.

http://nymag.com/daily/intelligencer...=sharebutton-b

I laughed really hard at their "most viewed" sidebar

Okay so global warming might kill us all and stuff but DID YOU GUYS SEE GAME OF THRONES LAST NIGHT OMG

07-17-2017 , 05:05 PM

#46003

OmgGlutten!

Pooh-Bah

Join Date: Aug 2016 Posts: 5,273

Quote:

Originally Posted by +rep_lol

and that's wrong/bad.

is your argument that we should just be ok with another foreign power trying to do the same to us, since murica has done it in the past? because that's really ****ing dumb.

no i was just reacting to the guy who was shocked at the Time cover.

07-17-2017 , 05:08 PM

#46004

ScreaminAsian

For President

Join Date: Oct 2008 Posts: 33,333

s7e1 was the only nothingburger of 2017

07-17-2017 , 05:13 PM

#46005

zikzak

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Ain't nobody got time for ecological cataclysm when we have bread and circuses.

07-17-2017 , 05:13 PM

#46006

Our House

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Quote:

Originally Posted by Huehuecoyotl

I don't know, grumpy old white men were the only people who had power when the Founders were around.

There's no better spokesperson for "grumpy old white men founder" than Jeffrey Lord in my opinion.

Ask him a question, ANY question, and watch him go "In 1983, Reagan had a..."

07-17-2017 , 05:20 PM

#46007

Our House

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Quote:

Originally Posted by aflametotheground

Simon Rosenberg thinks alot of republicans assisting trumps campaign like spicer, priebus and ryan are liable to the Aiding and Abetting statute, referring to a recent article by bob bauer. He thinks this is one of the reason there is not more outrage, ppl are defending themselves.

Faux Noose, one time! I mean, if Breitbart and Infowars are on the hook for their behavior last year, Fox should qualify for something last year + this year combined. Especially since they went from lying once or twice a segment to lying once every two minutes or so.

07-17-2017 , 05:32 PM

#46008

Our House

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Cool play. Doubt they're going to get a response, but cool play by them Dems.

They're calling for Kush's security clearance immediately on the basis that he's been lying to not just the public, but more importantly his superiors (mainly the POTUS) about the danger he's been in all this time. In short: Trump can't possibly trust him enough to have clearance.

Suppose Trump isn't going to snub them. Would he prefer to revoke or admit he's been lying about knowing?

07-17-2017 , 05:39 PM

#46009

otatop

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Quote:

Originally Posted by kerowo

CEO compensation is a joke. Right up there with sports and movie stars.

Sports and movie stars are who people pay their money to go see, complaining about how much they get paid is literally wishing that billionaires could stay slightly richer.

07-17-2017 , 05:55 PM

#46010

Our House

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Quote:

Originally Posted by simplicitus

McCain’s Surgery May Be More Serious Than Thought, Experts Say
https://nyti.ms/2vrYlaN

Did anyone see Trump go after him today? Seems like he's preemptively taking advantage of McCain's health problems for political gain.

Quote:

"We hope John McCain gets better very soon because we miss him," Trump said at a White House event billed as a start to its "Made in America" week. "He's a crusty voice in Washington. Plus we need his vote. And he'll be back. And he will be back sooner than somebody else would be back. He'll be back soon. But we need that vote. And we need a number of votes. Because we need to repeal Obamacare."

100 to 1 Trump is setting up deniability. He obviously wants McCain's criticisms chalked up to being a nut job as far back as possible; like Comey, but not a pipe dream.

07-17-2017 , 06:05 PM

#46011

adios

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Quote:

Originally Posted by einbert

Great post except it's wrong on all of the facts. The New Deal helped to alleviate unemployment and poverty greatly in this country before World War II started.

Wrong.

Quote:

Socialism does work, but it was dismantled in the 70s up to today and now we have neofeudalism.

Wrong.

Quote:

Imagine saying that a $15 minimum wage is a terrible idea but not taking time to criticize the current minimum wage policies which are just an absolute failure of our humanity.

Wrong

Quote:

We are moving closer and closer to the wage-slavery and disastrous conditions of the turn of the 20th century.

Wrong.

Quote:

Where is our Upton Sinclair? Where is our Eugene V. Debs? We need heroes who are willing to take on and smash capitalism into a million pieces. Certainly not this Third Way crap. It works great for the elite and the upper liberal crust, not so great for everybody else. But then I guess a lot of people are just trying to carve out a Democratic party that doesn't involve workers at all. It looks like they are darn close to succeeding, and well this is the kind of result you get: Trump.

Socialism worked damn well for thousands of years before capitalism was even a thing. There are actually many more centuries of socialism working, and working quite well, in human history than there are of capitalism even existing.

Delusional.

07-17-2017 , 06:10 PM

#46012

danspartan

Pooh-Bah

Join Date: Apr 2007 Posts: 3,851

Quote:

Originally Posted by TiltedDonkey

It's a rigged game. There is a club of professional board members that are CEOs of a company also. I sit on your board. You sit on mine. I approve your pay package. You approve mine.

How the heck did Melissa Mayer earn 300 plus million at yahoo? Guys lose hundreds of millions by mismanagement and walk away with obscene fortunes.

07-17-2017 , 06:10 PM

#46013

+rep_lol

banned

Join Date: Sep 2013 Posts: 14,900

wow very strong argumenting there adios, i am totally convinced

07-17-2017 , 06:30 PM

#46014

mendicant loafer

adept

Join Date: May 2013 Posts: 889

Quote:

Originally Posted by zikzak

Ain't nobody got time for ecological cataclysm when we have bread and circuses.

tta enthusiast?

07-17-2017 , 06:33 PM

#46015

zikzak

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Quote:

Originally Posted by +rep_lol

wow very strong argumenting there adios, i am totally convinced

adios has gone 15 solid years without making a real argument. Can't expect him to start now.

07-17-2017 , 06:45 PM

#46016

prana

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I posted that I thought adios seemed to be a different person here for a bit. He's affirmed that isn't true time and again since I made that post.

07-17-2017 , 06:52 PM

#46017

goofyballer

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That settles it, this is a simulation and the Ron Paul module just malfunctioned after 8 years of lying dormant

07-17-2017 , 06:54 PM

#46018

Our House

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Quote:

Originally Posted by adios

Wrong.

Wrong.

Wrong

Wrong.

Delusional.

07-17-2017 , 06:55 PM

#46019

kerowo

lolcat

Join Date: Nov 2005 Posts: 37,190

Quote:

Originally Posted by otatop

Sports and movie stars are who people pay their money to go see, complaining about how much they get paid is literally wishing that billionaires could stay slightly richer.

I would rather see the players get paid than the owners, but there is still too much money involved. Not sure there is anything to do about though...

07-17-2017 , 06:57 PM

#46020

fxwacgesvrhdtf

Guest

Posts: n/a

Quote:

Originally Posted by otatop

Or companies will find loopholes in a maximum wage law by giving their CEOs even more neat perks.

I mean, this will never happen in this country but youc an legislate around that. Japan is an example of a country with such a rule I believe.

07-17-2017 , 07:04 PM

#46021

fxwacgesvrhdtf

Guest

Posts: n/a

Quote:

Originally Posted by danspartan

Yeah, this is the problem exactly. These CEO's are not worth what they are being paid, the game is absolutely rigged. I'm not even saying the CEO's can't still be rich, hell set the multiplier at 500x, whatever, just something more than the obscene money they make now compared to their lowest paid workers.

Edit: It is also obscene that they make so much money while society in general has to subsidize their workforce (since if they'r enot getting a living wage they're getting public benefits).

07-17-2017 , 07:08 PM

#46022

+rep_lol

banned

Join Date: Sep 2013 Posts: 14,900

Quote:

Originally Posted by goofyballer

That settles it, this is a simulation and the Ron Paul module just malfunctioned after 8 years of lying dormant

goldbugs itt!!!!

07-17-2017 , 07:08 PM

#46023

fxwacgesvrhdtf

Guest

Posts: n/a

Quote:

Originally Posted by Clay89

Here is the argument against 15$ min wage and raising min wage. Let's say the government raises it to 15$. Ok great. Now what? The govt is still inflating away and destroying our currency to benefit themselves and the elite, and corporations and such. So in 7years we will have to raise it to 20$. Why not actually solve the problem instead of putting a band aid on it?

Why not get to the root of the issue in that we don't have sound money backing our worthless paper currency and that is why prices are rising. The problem and the solution doesn't even require any critical thinking whatsoever. The problem is prices are rising. Why are prices rising? Because we don't have sound money.

If you made 8$/hour 60 years ago you were a baller. What's changed?

Inflation has been pretty low for several years now. also, the best method is clearly just to tie the minimum wage to the inflation rate. Then you won't have the minimum wage battle every 10 years.

07-17-2017 , 07:09 PM

#46024

fxwacgesvrhdtf

Guest

Posts: n/a

Quote:

Originally Posted by Clay89

They aren't getting a living wage because the same govt in cahoots with certain CEO's is destroying the currency.

Again the problem is prices are rising. Why are prices risIng??? Because govt and the federal reserve inflating away our wealth and destroying purchasing power.

The government is not destroying the currency. Inflation has been very low for years.

Also a small amount of inflation is a good thing for poor people, so long as their wages/minimum wage is somehow rationally tied to inflation. Since poor people are generally in a lot of debt, inflation makes their debtload more manageable over time, in theory. Inflation in theory is worse for rich people, who have more money than debt, as it makes their more money worth less over time.

07-17-2017 , 07:23 PM

#46025

fxwacgesvrhdtf

Guest

Posts: n/a

Quote:

Originally Posted by Clay89

Yeah well, inflation is low until it isn't. And I would argue it isn't low. I mean do you grocery shop?

I don't base my arguments on anecdotal evidence, I base them on actual statistics, like the inflation rate, which is actually tied to things like groceries:

https://www.thebalance.com/u-s-infla...recast-3306093

http://www.usinflationcalculator.com...flation-rates/

Quote:

Also, we export our inflation. What happens when these countries start using dollars? Your going to have a tidal wave of inflation washing on our shoreS.

You think more countries using the US dollar increases inflation? Feel free to give an explanation for this theory and please do show your work

Quote:

I'm a big trump fan, or at least I was. You guys could be nailing him on so much. Trump says the stock market is at all time highs. LOOOOL. When trump says the market isnat all time highs I knew he was a fraud. Or got co-opted. Market is at all time highs because of all the cheap money and that's the only reason.

Ah, I understand now.

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