Obama Wants To Expand Overtime Pay

[donkiez]

In the 1980s, the largest Japanese corporations dwarfed ours. Now ours are the biggest in the world. If a CEO gets .0001% of sales, he's going to have a huge bump just because the companies got larger. And they get more than .0001%, I'm just making the case for why they make more. Seems to me that they grew the companies that big, they deserve it.

And another way to look at it is the CEO makes 1% of the sales and the employees make 80% of it. They're not being taken advantage of somehow.

I get your point but thats not always the case. I can pull up plenty of golden parachute examples of CEO's making bank for running their companies in the ground. You might hit on part of the problem, why have some of those companies grown in the wake of the financial disaster. To big to fail only got bigger.

 

[BlazerWookee]

I believe he would be drastically overstepping his authority.

If he succeeds, I won't turn down the overtime pay.

 

[MarAzul]

MAY hire someone lol. You still believe in trickle down economics?

Who was the last poor sucker to give you a job?

 

[MarAzul]

I believe he would be drastically overstepping his authority.

If he succeeds, I won't turn down the overtime pay.

Watch out! You probably don't want a boss watching that close.

 

[Denny Crane]

I get your point but thats not always the case. I can pull up plenty of golden parachute examples of CEO's making bank for running their companies in the ground. You might hit on part of the problem, why have some of those companies grown in the wake of the financial disaster. To big to fail only got bigger.

CEOs command guaranteed contracts, or they'd take a job elsewhere. They're criminally liable, so they are taking quite a bit of risk.

The CEO isn't likely to be the highest paid in a company. You'd think the top sales guy would be best paid, due to his override commission.

http://www.thefreedictionary.com/override

 

[maxiep]

CEO to worker ratio has grown from 42:1 in 1980 to 354:1 in 2012. Also during our prime boom years of 2002-2012 while CEO's were doing great thing with the economy their ratio grew from 281:1 to 354:1. Problem is that CEO bonuses are often tied to high risk short sighted goals, when that doesnt work out they golden parachute and avoid accountability for their decisions. By comparison the UK is 84:1 and France is 104:1, even Canada is 204:1. Expecting people to curb their own greed for the good of the economy is foolish.

Thank you for putting a spotlight on your ignorance. Bill Moyers was talking about Wall Street bonuses, not CEOs. Seriously, if you can't tell the difference between them, then perhaps this isn't the thread or the topic for you.

 

[maxiep]

I get your point but thats not always the case. I can pull up plenty of golden parachute examples of CEO's making bank for running their companies in the ground. You might hit on part of the problem, why have some of those companies grown in the wake of the financial disaster. To big to fail only got bigger.

It's the very government intervention you beg for that caused this bullshit. In 2008, the investment banks should have been allowed to die. We would have had a short, incredibly painful recession, but it would have been a damn sight better than what we have now.

Glass-Steagall should never have been repealed. Investment banking is incompatible with commercial banking.

 

[maxiep]

I believe he would be drastically overstepping his authority.

If he succeeds, I won't turn down the overtime pay.

The Sun King has no limits on his authority. Don't you know we're the ones we've been waiting for?

 

[Eastoff]

Rich people may hire someone with it. Poor people damn near never do.

Sure poor people damn near never do, because they have no money. They're poor. But you know what poor people do? They spend all their fucking money! I thought the "Job creators" needed the poor people to have someone to organize and do the boring shit they don't want? I thought we needed poor people to manufacture things and work in stores to sell things? Was I wrong to believe that poor people are needed to teach our kids?

 

[Eastoff]

It's the very government intervention you beg for that caused this bullshit. In 2008, the investment banks should have been allowed to die. We would have had a short, incredibly painful recession, but it would have been a damn sight better than what we have now.

Glass-Steagall should never have been repealed. Investment banking is incompatible with commercial banking.

I can't rep you at the moment, but thank you for keeping me sane. =]

 

[Denny Crane]

When Reagan took office, there were just 4,000 millionaires in the USA.

When he left office, there were 64,000.

Today, there are 9.63M millionaire households in the USA. That is not including the value of their homes, or it would be many millions more.

It's not the (4,000) rich getting richer. It's millions of people getting rich in the first place.

 

[donkiez]

Thank you for putting a spotlight on your ignorance. Bill Moyers was talking about Wall Street bonuses, not CEOs. Seriously, if you can't tell the difference between them, then perhaps this isn't the thread or the topic for you.

Thank you for highlighting your slypokerdogness. We were trying have a dynamic conversation but from now on Ill just keep it simple for you.

Government Bad

It's the very government intervention you beg for that caused this bullshit

How does my stance on minimum wage correlate to me being responsible for how the bailout played out?

the investment banks should have been allowed to die

YES, but your free to keep telling me what I said and what I think. Carry on.

 

[maxiep]

Thank you for highlighting your slypokerdogness. We were trying have a dynamic conversation but from now on Ill just keep it simple for you.

Government Bad


How does my stance on minimum wage correlate to me being responsible for how the bailout played out?


YES, but your free to keep telling me what I said and what I think. Carry on.

It's your ridiculous point that money spent is better for GDP than money invested. It's baffling that people actually believe this kind of garbage when the real answer is so blindingly obvious.

 

[MarAzul]

It's the very government intervention you beg for that caused this bullshit. In 2008, the investment banks should have been allowed to die. We would have had a short, incredibly painful recession, but it would have been a damn sight better than what we have now.

Glass-Steagall should never have been repealed. Investment banking is incompatible with commercial banking.

Absolutely! I never could understand how the Congress could repeal Glass-Steagal. The Banks were all for it but it made a joke out of the concept for the FDIC

I would re instate that law today if I could.

 

[BLAZER PROPHET]

If you don't like the salaried position you have, you're free to quit.

That's not the point.

The point is that corps all too often use those salaried, 40 hour per week positions, to extract 60 hours of work per week.

 

[maxiep]

That's not the point.

The point is that corps all too often use those salaried, 40 hour per week positions, to extract 60 hours of work per week.

I get the point. You're not indentured. You have free will. Quit if you feel you are underpaid and find a higher paying job.

 

[MarAzul]

That's not the point.

The point is that corps all too often use those salaried, 40 hour per week positions, to extract 60 hours of work per week.

I never felt that way. I always felt being salaried was freedom to do what you wanted on the job without someone worrying about your hours.
But in any case, no way would I want the Federal Government interjecting it's self in between me and my employer. They have no business doing so even if I wanted them to become my big brother. I wouldn't want a union doing so, so no way, no how for the government.

 

[barfo]

It's the very government intervention you beg for that caused this bullshit.

Government intervention: bad

Glass-Steagall should never have been repealed.

Government regulation: good

Absolutely! I never could understand how the Congress could repeal Glass-Steagal.

I would re instate that law today if I could.

Government regulation: good!

barfo

 

[Denny Crane]

Government intervention: bad



Government regulation: good



Government regulation: good!

barfo

Not libertarians, that's for sure.

 

[barfo]

Not libertarians, that's for sure.

Nope. Better change the locks on the libertarian clubhouse.

barfo

 

[Denny Crane]

Nope. Better change the locks on the libertarian clubhouse.

barfo

At least we are consistent and don't pick and choose any govt. intervention. It's all bad, and right out of Atlas Shrugged. You know, the fat cats get govt. to intervene so they don't have to face competition or take risk.

 

[barfo]

At least we are consistent and don't pick and choose any govt. intervention. It's all bad, and right out of Atlas Shrugged. You know, the fat cats get govt. to intervene so they don't have to face competition or take risk.

I agree and I admire you for your consistency. Of course, that consistency makes libertarians completely useless in the real world where compromises have to be made, but I admire it greatly nonetheless.

barfo

 

[Denny Crane]

I agree and I admire you for your consistency. Of course, that consistency makes libertarians completely useless in the real world where compromises have to be made, but I admire it greatly nonetheless.

barfo

I find our politicians to be outright dangerous. If $18T in debt and warmongering is what compromise gets us, no thanks.

 

[barfo]

I find our politicians to be outright dangerous. If $18T in debt and warmongering is what compromise gets us, no thanks.

I know. But there isn't any other option. You can't simply opt out of society because other humans don't behave rationally. Nor can you force them to behave rationally.

In fact, the more rational you are, and the more irrational they are, the more they win and you lose.

barfo

 

[Denny Crane]

I know. But there isn't any other option. You can't simply opt out of society because other humans don't behave rationally. Nor can you force them to behave rationally.

In fact, the more rational you are, and the more irrational they are, the more they win and you lose.

barfo

Who is suggesting we opt out of society? I suggested we opt out of debt and warmongering.

 

[barfo]

Who is suggesting we opt out of society? I suggested we opt out of debt and warmongering.

Sure, go ahead and convince people to do that. I'll wait.

barfo

 

[Denny Crane]

Sure, go ahead and convince people to do that. I'll wait.

barfo

It is happening, barfo.

So says your boy, Nate Silver.

http://fivethirtyeight.blogs.nytime...libertarian-views/?_php=true&_type=blogs&_r=0

 

[barfo]

It is happening, barfo.

So says your boy, Nate Silver.

http://fivethirtyeight.blogs.nytime...libertarian-views/?_php=true&_type=blogs&_r=0

It is happening, in a limited, marginal sort of way. If you are happy with that, then you aren't really a libertarian

barfo

 

[Denny Crane]

It is happening, in a limited, marginal sort of way. If you are happy with that, then you aren't really a libertarian

barfo

It took decades for conservatives to win offices, and much longer than that for progressives.

What is clear us that people got Clinton Fatigue after 8 years, Bush Fatigue after 8 years. People aren't happy with either party. They'll figure it out.

They say you become a libertarian when govt. happens to you.

Thanks ObamaCare!

 

[barfo]

I'd like to contribute this although it doesn't really have anything to do with what we were discussing lately...

Just a story from America
He left his job and he looked at her
I've had enough he put down his cup
And every time she would fill it up

When she'd say
Get up when they put you down
But like a boxer
You just spin around
Your kind of guy is so very few
Don't ever let them get the best of you

And so he's working like a dog each day
And every week there'd be more overtime pay
And pretty soon he's got a Cadillac car
And on the weekends he would drive so far

And they don't slow down
America's such a speedy town
Hot clothes high society
He said it never get the best of me

And then he met a girl with hair like the sun
With social status she was number one
He left it all and he left downtown
A little voice follows him around

And it say
Get up they put you down
And like a boxer
You just spin around
Your kind of guy was so very few
I thought they'd never get the best of you

Just a story of America
Just a story from America
Just a story of America
Just a story from America