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US government seeks to rein in executive pay

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Posted

haha, you were for goverment control of what companies do with their money before you were against it.

slipperyslopetipoftheicebergFEARFEARFEARRRRRRRRR!

Relax, this is not going to happen, and if it does it will just be a suggestion or non binding - to keep reminding the CEOS that they need to at least keep up the appearance of giving a crap. many corporate leaders have been shamed into doing whats right because of negative media coverage, but once that goes away you can bet they will hop right back on the gravy train of screwing people over as early and often as possible unless there is some kind of feeback loop reminding them that they too are only human, like the rest of us.

Excuse me ... it wasn't the "companies'" money ....

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Posted

haha, you were for goverment control of what companies do with their money before you were against it.

slipperyslopetipoftheicebergFEARFEARFEARRRRRRRRR!

Relax, this is not going to happen, and if it does it will just be a suggestion or non binding - to keep reminding the CEOS that they need to at least keep up the appearance of giving a crap. many corporate leaders have been shamed into doing whats right because of negative media coverage, but once that goes away you can bet they will hop right back on the gravy train of screwing people over as early and often as possible unless there is some kind of feeback loop reminding them that they too are only human, like the rest of us.

Don't look up cuz teh sky is fallin'!

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Posted

"our" money has been going to fund some of the most stupid things since the beginning of the US Government... It's nothing new...

It's all theirs anyways, in the end, and the Fed says there isn't anything you can do about it!

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Posted

haha, you were for goverment control of what companies do with their money before you were against it.

slipperyslopetipoftheicebergFEARFEARFEARRRRRRRRR!

Relax, this is not going to happen, and if it does it will just be a suggestion or non binding - to keep reminding the CEOS that they need to at least keep up the appearance of giving a crap. many corporate leaders have been shamed into doing whats right because of negative media coverage, but once that goes away you can bet they will hop right back on the gravy train of screwing people over as early and often as possible unless there is some kind of feeback loop reminding them that they too are only human, like the rest of us.

The difference is...I can choose to use the company that pays his CEO exhorbitant amounts...USUALLY. I have no choice w/ government...and that's my/our money. You should be more outraged at government salaries that are crazy. Car allowances. Pensions. Health insurance. Per diems. Let's really cut costs.

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Posted

Everybody wants to be a fatcat.

Everybody hates the fatcat cuz they're jealous.

I don't resent them as much as I do the government appointed chickensh*t flunkie.

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Posted

The difference is...I can choose to patronize the company that pays his CEO exhorbitant amounts...USUALLY. I have no choice w/ government...and that's my/our money. You should be more outraged at government salaries that are crazy. Car allowances. Pensions. Health insurance. Per diems. Let's really cut costs.

Yes... such as the State Legislators, who were not subject to the .5% salary decrease that I was, get $107 a day per diem, a salary, another monthly travel budget of over $500, get to have "closed" sessions (overtime), and somehow never finish the budget in their 100 day legislative calendar (allowing more overtime)...

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Posted

The difference is...I can choose to use the company that pays his CEO exhorbitant amounts...USUALLY. I have no choice w/ government...and that's my/our money. You should be more outraged at government salaries that are crazy. Car allowances. Pensions. Health insurance. Per diems. Let's really cut costs.

Sure, but I doubt government salaries are really that big of a chunk of the government's total expenses.

I could have lived without bailing out some of these dipshits. Throwing good money after bad far outweighs the total amount of gov't salaries.

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Posted

Yes... such as the State Legislators, who were not subject to the .5% salary decrease that I was, get $107 a day per diem, a salary, another monthly travel budget of over $500, get to have "closed" sessions (overtime), and somehow never finish the budget in their 100 day legislative calendar (allowing more overtime)...

I say if they can't balance the budget without tax increases they are in breach of contract with their constituents and don't deserve any perks...just a base $50k salary. Sound good?

Companies lay off...so should government...it's not the job lottery.

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Posted

Sure, but I doubt government salaries are really that big of a chunk of the government's total expenses.

Don't let them fool you... They know how to hide it well...

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Posted

Don't let them fool you... They know how to hide it well...

I'll give you that.

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Posted

I'd love to say how mad I am at government salaries, but in my view there's not a hell of a lot to be pissed about, comparatively speaking. Far more disturbing is when government employees abuse expense accounts, accept bribes....the less you pay them, the more likely they will abuse the system, and we kind of have an unhappy medium for most jobs.

CEOs pay should be more focused on performance and less on contract negotiation - I feel the same way about football players. If anything ever comes from this (doubtful anyways), it will most likely be some kind of financial disclosure issue or something similar. The government can not tell a private company how much someone can get paid and that, despite PL shivering in fear in a corner of her trailer, is not going to happen.

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Posted

I'd love to say how mad I am at government salaries, but in my view there's not a hell of a lot to be pissed about, comparatively speaking. Far more disturbing is when government employees abuse expense accounts, accept bribes....the less you pay them, the more likely they will abuse the system, and we kind of have an unhappy medium for most jobs.

CEOs pay should be more focused on performance and less on contract negotiation - I feel the same way about football players. If anything ever comes from this (doubtful anyways), it will most likely be some kind of financial disclosure issue or something similar. The government can not tell a private company how much someone can get paid and that, despite PL shivering in fear in a corner of her trailer, is not going to happen.

They're already doing it, sweetie ... welcome to my trailer.

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