Comments on: How Big a Pay Reform Wave? http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/ Mon, 15 Mar 2010 22:04:54 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: NoBamaNoWay http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245782 NoBamaNoWay Thu, 20 Aug 2009 04:44:45 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245782 i hear you, especially about the unions controlling good jobs; it's not much different than organized crime. the fat cats at the top are nothing but an organized crime family too; something must be done to stop them from screwing the rest of us. how about an income tax based on the company's pay distribution? if 5% of their employees make 95% of the pay, then that company pays more taxes than one which spreads out their wages more equally. i hear you, especially about the unions controlling good jobs; it’s not much different than organized crime. the fat cats at the top are nothing but an organized crime family too; something must be done to stop them from screwing the rest of us. how about an income tax based on the company’s pay distribution? if 5% of their employees make 95% of the pay, then that company pays more taxes than one which spreads out their wages more equally.

]]> By: NoBamaNoWay http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245777 NoBamaNoWay Thu, 20 Aug 2009 04:33:28 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245777 correct; that is the root of america's economic problems - the destruction of the middle class. we have been shipping good jobs overseas and the rich have been getting richer/poor getting poorer for DECADES. no amount of tweaking the financial markets or bank bailouts is going to stop this ship from sinking. and yet it seems like over half of americans still embrace "trickle down" economic theory. if "trickle down" economics worked the american economy should be in excellent health right now, because the rich are as rich as they have ever been. so where's the trickle???! america is a nation of fools; they elected Bush twice and now Obama, and they believe that if only those at the top had a little bit more wealth, they too would be living on easy street. correct; that is the root of america’s economic problems – the destruction of the middle class. we have been shipping good jobs overseas and the rich have been getting richer/poor getting poorer for DECADES. no amount of tweaking the financial markets or bank bailouts is going to stop this ship from sinking. and yet it seems like over half of americans still embrace “trickle down” economic theory.

if “trickle down” economics worked the american economy should be in excellent health right now, because the rich are as rich as they have ever been. so where’s the trickle???!

america is a nation of fools; they elected Bush twice and now Obama, and they believe that if only those at the top had a little bit more wealth, they too would be living on easy street.

]]> By: lorac http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245763 lorac Thu, 20 Aug 2009 03:39:43 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245763 Well, if our country still valued hard work, we would have (been allowed to) elect Hillary, instead of being given this lazy, TV personality, "I just want to run for the next higher office" guy.... Well, if our country still valued hard work, we would have (been allowed to) elect Hillary, instead of being given this lazy, TV personality, “I just want to run for the next higher office” guy….

]]> By: lorac http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245733 lorac Thu, 20 Aug 2009 02:39:58 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245733 Seriously - let's stop pretending it's a secret that they're all bought and paid for. And that includes the congress critters, too. I'd like to see Barney Frank ("Freddie and Fannie are doing just fine - they must be, they gave me lots of money!") wear some sponsorship patches Seriously – let’s stop pretending it’s a secret that they’re all bought and paid for. And that includes the congress critters, too. I’d like to see Barney Frank (“Freddie and Fannie are doing just fine – they must be, they gave me lots of money!”) wear some sponsorship patches

]]> By: PO'dVet http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245678 PO'dVet Wed, 19 Aug 2009 23:15:57 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245678 I believe some form of regulation is needed. But <strong>not</strong> the Government controlling how much anyone can be paid unless they receive bail-out money! But CEO's etc should be directly accountable to the shareholders. I think it is the shareholders who should have to authorize top executive pay scales, and bonuses at annual shareholders meetings. This should also apply to sports teams if they are using public funds to pay for their stadiums! It is utterly astounding that there are people being paid $25,000,000.00 a year to play a game. In stadiums paid for mostly by people who have never, and most likely never will be able to afford to see a game in that stadium! I am also in favor of regulating unions to get rid of unfair hiring practices. Too many good jobs in this country are locked up by unions who get it into the contract...That all new employees must be recommended by current union members. It should be based on qualification, not nepotism! This happens way too much, but it never seems to be talked about because the unions want to keep those cushy high paying jobs for their relatives no matter how unqualified they might be. I mean it seriously burns my ass when I know people who busted their butts going to college while working 2 full time jobs to pay for it. Earning a degree in engineering...only to be told by GM sorry, we can't hire you unless you are recommended by 2 union members. While at the same time, a drugged out high school drop out gets a job there making $40k yr. And all he is qualified to do is push a broom around the plant floor. Someone save us from the Far right wacko's and the Far left lunatics! I believe some form of regulation is needed. But not the Government controlling how much anyone can be paid unless they receive bail-out money! But CEO’s etc should be directly accountable to the shareholders. I think it is the shareholders who should have to authorize top executive pay scales, and bonuses at annual shareholders meetings. This should also apply to sports teams if they are using public funds to pay for their stadiums! It is utterly astounding that there are people being paid $25,000,000.00 a year to play a game. In stadiums paid for mostly by people who have never, and most likely never will be able to afford to see a game in that stadium!

I am also in favor of regulating unions to get rid of unfair hiring practices. Too many good jobs in this country are locked up by unions who get it into the contract…That all new employees must be recommended by current union members. It should be based on qualification, not nepotism! This happens way too much, but it never seems to be talked about because the unions want to keep those cushy high paying jobs for their relatives no matter how unqualified they might be. I mean it seriously burns my ass when I know people who busted their butts going to college while working 2 full time jobs to pay for it. Earning a degree in engineering…only to be told by GM sorry, we can’t hire you unless you are recommended by 2 union members. While at the same time, a drugged out high school drop out gets a job there making $40k yr. And all he is qualified to do is push a broom around the plant floor.

Someone save us from the Far right wacko’s and the Far left lunatics!

]]> By: Tricia Spiegel http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245673 Tricia Spiegel Wed, 19 Aug 2009 23:08:02 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245673 Good piece. And Grrrrrrr. This is all so unsetting. Good piece.
And Grrrrrrr. This is all so unsetting.

]]> By: Doc99 http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245666 Doc99 Wed, 19 Aug 2009 22:41:31 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245666 OT: It appears Axelrod has <a href="http://www.politico.com/news/stories/0809/26240.html" rel="nofollow"> an ethics issue.</a> OT: It appears Axelrod has an ethics issue.

]]> By: jwrjr http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245665 jwrjr Wed, 19 Aug 2009 22:28:15 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245665 Poor people (the majority of us)getting poorer is what caused the financial meltdown in the first place. You can't sell many products if people don't have the disposable income to buy them. Poor people (the majority of us)getting poorer is what caused the financial meltdown in the first place. You can’t sell many products if people don’t have the disposable income to buy them.

]]> By: tzada http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245663 tzada Wed, 19 Aug 2009 22:22:16 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245663 We cannot let the Governemnt divide us. Which is what they are trying to do. Along racial lines and income. Giving out bonus, throwing lavish trips etc with taxpayer money and is wrong. That money should be returned to the <strong>taxpayers.</strong> But to regulate other peoples income is wrong, if it is earned from the private sector. We start down a slippery slope when we let our selves be herded in the direction that they wish. Chaos and hate and division is their object. Divide and conquor. We cannot let the Governemnt divide us. Which is what they are trying to do. Along racial lines and income.

Giving out bonus, throwing lavish trips etc with taxpayer money and is wrong. That money should be returned to the taxpayers.

But to regulate other peoples income is wrong, if it is earned from the private sector. We start down a slippery slope when we let our selves be herded in the direction that they wish. Chaos and hate and division is their object. Divide and conquor.

]]> By: Linda Anselmi http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245662 Linda Anselmi Wed, 19 Aug 2009 22:20:10 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245662 Especially since our taxpayer dollars bailed them out - otherwise, they wouldn't have their jobs! Especially since our taxpayer dollars bailed them out – otherwise, they wouldn’t have their jobs!

]]> By: Linda Anselmi http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245658 Linda Anselmi Wed, 19 Aug 2009 22:14:40 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245658 Patience - I totally agree: <blockquote>The bailouts have been so over-the-top and obscene that average citizens like me have become consumed with populist rage. Why do I expect even more outrage to come?</blockquote> And I think we will hear a lot more about the Pay Czar's and his role in the 9/11 victim's compensation as we start learning of his decisions on these 175 top execs. Patience -

I totally agree:

The bailouts have been so over-the-top and obscene that average citizens like me have become consumed with populist rage. Why do I expect even more outrage to come?

And I think we will hear a lot more about the Pay Czar’s and his role in the 9/11 victim’s compensation as we start learning of his decisions on these 175 top execs.

]]> By: NoBamaNoWay http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245656 NoBamaNoWay Wed, 19 Aug 2009 22:07:58 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245656 i'm not saying that i agree with this government controlling ANYTHING right now, but what about minimum wage, are you against that? call me a communist, but i don't think that having a huge gap between the rich and poor is a good thing for any country. i’m not saying that i agree with this government controlling ANYTHING right now, but what about minimum wage, are you against that? call me a communist, but i don’t think that having a huge gap between the rich and poor is a good thing for any country.

]]> By: NoBamaNoWay http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245653 NoBamaNoWay Wed, 19 Aug 2009 22:03:57 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245653 Why don't you move to Afghanistan, Hattip? i hear it's pretty much whoever has the biggest gun rules. you should love it. here in america, however, we are a nation of laws, and the wealthy have used their power (buying politicians) for ages to control the rest of us; why is it wrong for us to use our power (our numbers) to control them? it's a two-way street, isn't it? i'm sorry, i'm not buying your theory that america exists solely to provide the rich with an opportunity to get richer, while keeping the masses in a nice docile, slavish state. Why don’t you move to Afghanistan, Hattip? i hear it’s pretty much whoever has the biggest gun rules. you should love it. here in america, however, we are a nation of laws, and the wealthy have used their power (buying politicians) for ages to control the rest of us; why is it wrong for us to use our power (our numbers) to control them? it’s a two-way street, isn’t it? i’m sorry, i’m not buying your theory that america exists solely to provide the rich with an opportunity to get richer, while keeping the masses in a nice docile, slavish state.

]]> By: Patience http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245652 Patience Wed, 19 Aug 2009 21:59:22 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245652 It was eye-opening to discover last fall who reaped the most campaign cash and sweetheart deals from the financial sector. It's been instructive to learn about Goldman Sach's strategic influence in government (I couldn't help but notice it's not on the Pay Czar's list). The bailouts have been so over-the-top and obscene that average citizens like me have become consumed with populist rage. Why do I expect even more outrage to come? I've read that the Pay Czar was the one charged with determining government compensation of 9/11 victims' survivors, and that a lot of people were upset that survivors of financial types got a lot more than, say, firefighters' survivors. Why? Didn't those making multi-millions per year have life insurance commensurate with their earning capacity? If they didn't, was it because they had so much wealth in reserve that they didn't feel they needed life insurance? If they were so important to the success of their companies, did their companies hold key man life insurance policies for them? Why did the government place a variable value on the lives lost on 9/11? It was eye-opening to discover last fall who reaped the most campaign cash and sweetheart deals from the financial sector. It’s been instructive to learn about Goldman Sach’s strategic influence in government (I couldn’t help but notice it’s not on the Pay Czar’s list).

The bailouts have been so over-the-top and obscene that average citizens like me have become consumed with populist rage. Why do I expect even more outrage to come? I’ve read that the Pay Czar was the one charged with determining government compensation of 9/11 victims’ survivors, and that a lot of people were upset that survivors of financial types got a lot more than, say, firefighters’ survivors. Why? Didn’t those making multi-millions per year have life insurance commensurate with their earning capacity? If they didn’t, was it because they had so much wealth in reserve that they didn’t feel they needed life insurance? If they were so important to the success of their companies, did their companies hold key man life insurance policies for them? Why did the government place a variable value on the lives lost on 9/11?

]]> By: Linda Anselmi http://www.noquarterusa.net/blog/2009/08/19/how-big-a-reform-pay-wave/#comment-1245637 Linda Anselmi Wed, 19 Aug 2009 21:38:02 +0000 http://www.noquarterusa.net/blog/?p=30644#comment-1245637 Well said Ani! Well said Ani!

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