Lowe's CEO gets 2012 pay package valued at $12.1M

Translation: No CEO should be allowed to earn more than $500k per year, as the rest needs to be redistributed.

How about this....no CEO should be allowed to make more than $500k per year in base salary. The rest must be earned in the performance of the company.... and part of that performance criteria is the treatment of their employees? Also....they get the same 401k as everyone else. No more golden parachutes.
 
How about this....no CEO should be allowed to make more than $500k per year in base salary. The rest must be earned in the performance of the company.... and part of that performance criteria is the treatment of their employees? Also....they get the same 401k as everyone else. No more golden parachutes.
Too Barack Obama. This is better: The CEO needs to earn what the owners decide he/she is worth.
 
How about this....no CEO should be allowed to make more than $500k per year in base salary. The rest must be earned in the performance of the company.... and part of that performance criteria is the treatment of their employees? Also....they get the same 401k as everyone else. No more golden parachutes.

I'd like to know what CEOs have been doing differently in the past several decades that they get these stratospheric salaries and perks. Check out this chart, it's a real eye-opener.

http://www.payscale.com/data-packages/ceo-income/fortune-100


And...

"Whatever the hand wringing about pay scales in Britain, they are dwarfed by the cash and perks lavished on executives in corporate America.

Examples are easy to find. Richard Grasso, the former head of the New York Stock Exchange was ousted after it emerged he had accrued $190m in deferred compensation; Philip Purcell, the boss of Morgan Stanley, the underperforming Wall Street bank, was forced out and pocketed $113m; the top three executives of Viacom shared a total of $160m last year. Stan O'Neal, of Merrill Lynch, earned $32m in 2004; Richard Fauld, at Lehman Brothers, got $26.3m, and James Cayne, at Bear Stearns, got almost $25m.


A journalist worked out that it would take someone on the US minimum wage around 11,000 years to earn the $109m banked last year by Yahoo chief Terry Semel."


http://www.guardian.co.uk/business/2005/aug/04/executivesalaries.executivepay2
 
Christie....what have they been doing? Slowly turning America into a third world country.

Maybe there's something to this NWO stuff...just not the way Conservatives think.
 
The CEO, like the CFO and other officers, are hired by a Board of Directors, who are appointed by the shareholders. These are the people who have money at stake in the company. Now what special power does a CEO have, to cause the people who hired him to literally screw themselves? Well, he has a contract, one that he negotiated upon his hiring and as a condition of his accepting the job. If the terms of the contract are unacceptable, it didn't have to be accepted by the parties involved. If any of you liberal morons who have NO idea of what a CEO does, were controlling shareholders or on the board of directors, you could have voiced your opinion on the conditions of the CEOs contract, you could have made stipulations regarding performance, etc. But the fact is, you aren't. It wasn't left up to you to decide, the decision was made by the people who had financial interest at stake.

The Lowes example is indicative of what we often see with Liberals, assumptions and presumptions based on preconceived notions and fallacies. Poor stock market performance automatically equates to poor performance on part of the CEO. We don't need to look at mitigating circumstances or evaluate any more information... poor stock performance just automatically equals poor CEO performance, and this is profound ignorance on display, when it comes to what is being discussed. Poor stock performance can be the result of a myriad of things, many of which the CEO has no control over.

It seems like you lower life form liberals could comprehend this, because it's the 'excuse' you've been using for Obama repeatedly, but MAYBE the CEO inherited so many problems, a poor stock performance is actually BETTER than what would have resulted without his leadership? I mean, the company didn't tank, it's still there. Maybe the CEO saved them from catastrophic failure, and 'poor stock performance' to you, is actually a huge victory for them? Do you KNOW this isn't so? Have you investigated anything other than the stock performance? Nope... poor stock performance means poor CEO performance, and no one can challenge this liberal truism.

Funny story.... A few weeks ago, I was hanging out with my liberal music friends. We don't usually talk politics, because they know as well as I, it will end up in a fight. So we avoid talking heavy politics, and we get along fine. But this one friend got to talking about the CEOs making so much more than others....blah blah blah, and after they ranted on for about 10 minutes, I asked them: "Do you know what the CEO does? Do you know their job responsibilities on a daily basis?"

I got this look that I can only describe as 'helpless confusion' much like a deer in the headlights, but with more puzzlement. They stammered around and hem hawed about, and finally offered up... "They attend meetings and make a few phone calls, then go to lunch, then go play golf..ahahahhahaha!" I pressed again for details.. "What sort of meetings and phone calls? Who do they talk to and meet with, and what about?" Again... the look of bewilderment, and another litany of stereotypical things you might associate with someone who has no real "job" and just fucks off all day.

So we get to the root of the problem here, most liberals have no idea of what a CEO does, what they are responsible for on a daily basis, what their job entails, and what they do. In a Liberal's mind, a CEO is basically a rich fuck off who does nothing, except to spend the money that should be going to the workers. THAT is how they view every CEO, and we attempt to engage in arguments with them from that perspective.
 
The CEO, like the CFO and other officers, are hired by a Board of Directors, who are appointed by the shareholders. These are the people who have money at stake in the company. Now what special power does a CEO have, to cause the people who hired him to literally screw themselves? Well, he has a contract, one that he negotiated upon his hiring and as a condition of his accepting the job. If the terms of the contract are unacceptable, it didn't have to be accepted by the parties involved. If any of you liberal morons who have NO idea of what a CEO does, were controlling shareholders or on the board of directors, you could have voiced your opinion on the conditions of the CEOs contract, you could have made stipulations regarding performance, etc. But the fact is, you aren't. It wasn't left up to you to decide, the decision was made by the people who had financial interest at stake.

The Lowes example is indicative of what we often see with Liberals, assumptions and presumptions based on preconceived notions and fallacies. Poor stock market performance automatically equates to poor performance on part of the CEO. We don't need to look at mitigating circumstances or evaluate any more information... poor stock performance just automatically equals poor CEO performance, and this is profound ignorance on display, when it comes to what is being discussed. Poor stock performance can be the result of a myriad of things, many of which the CEO has no control over.

It seems like you lower life form liberals could comprehend this, because it's the 'excuse' you've been using for Obama repeatedly, but MAYBE the CEO inherited so many problems, a poor stock performance is actually BETTER than what would have resulted without his leadership? I mean, the company didn't tank, it's still there. Maybe the CEO saved them from catastrophic failure, and 'poor stock performance' to you, is actually a huge victory for them? Do you KNOW this isn't so? Have you investigated anything other than the stock performance? Nope... poor stock performance means poor CEO performance, and no one can challenge this liberal truism.

Funny story.... A few weeks ago, I was hanging out with my liberal music friends. We don't usually talk politics, because they know as well as I, it will end up in a fight. So we avoid talking heavy politics, and we get along fine. But this one friend got to talking about the CEOs making so much more than others....blah blah blah, and after they ranted on for about 10 minutes, I asked them: "Do you know what the CEO does? Do you know their job responsibilities on a daily basis?"

I got this look that I can only describe as 'helpless confusion' much like a deer in the headlights, but with more puzzlement. They stammered around and hem hawed about, and finally offered up... "They attend meetings and make a few phone calls, then go to lunch, then go play golf..ahahahhahaha!" I pressed again for details.. "What sort of meetings and phone calls? Who do they talk to and meet with, and what about?" Again... the look of bewilderment, and another litany of stereotypical things you might associate with someone who has no real "job" and just fucks off all day.

So we get to the root of the problem here, most liberals have no idea of what a CEO does, what they are responsible for on a daily basis, what their job entails, and what they do. In a Liberal's mind, a CEO is basically a rich fuck off who does nothing, except to spend the money that should be going to the workers. THAT is how they view every CEO, and we attempt to engage in arguments with them from that perspective.

Who gives a fuck? Where would the CEO, or the company be...for that matter....if not for the worker?
 
Who gives a fuck? Where would the CEO, or the company be...for that matter....if not for the worker?

The worker doesn't matter in this argument. Is the worker going to perform the job of the CEO? Would the workers have been better off if the company scrimped on the CEO, while their competitor hired a much better one? If the company decided to run without a CEO, do you think this would mean workers make more money?
 
The worker doesn't matter in this argument. Is the worker going to perform the job of the CEO? Would the workers have been better off if the company scrimped on the CEO, while their competitor hired a much better one? If the company decided to run without a CEO, do you think this would mean workers make more money?

Would the CEO have a job without the worker? You see, that's the problem with you numbskulls....you've been convinced that the worker never matters.
 
Who gives a fuck?

Well, I give a fuck, that's why I am discussing this. You see, I think there is this gross misconception of what purpose a CEO serves, what a CEO actually does, the responsibilities they have on a daily basis, and the job they do for the company they work for. I don't think most people who think CEOs make too much, really comprehend or know what the job entails. In fact, I think most of them have some kind of false perception of what a CEO does, which is basically nothing, as best I can tell. I've asked liberals to explain it to me, and I get all of this stuff that has nothing to do with being a CEO, or what their major job responsibilities are, I get things that are stereotypical of the class warfare rhetoric we've come to know and love. According to liberals, CEOs don't really do very much, they fly around in private jets and party with their CEO buddies, and play a lot of golf, but they don't really DO much, in terms of a job.

I think, if people actually educated themselves on what purpose and function a CEO serves, and what a typical CEO does, perhaps the perception of CEOs making too much, would change? You see, people who understand free market capitalism, know that there would be no rational or logical reason for a capitalist venture to pay someone to do nothing but fly around in private jets and play golf. See, the idea of a capitalist is to make profit, not blow money on meaningless figureheads. So we have to realize, when they hire a CEO, they do so in order to realize a benefit to their endeavors as capitalists. There is also not a logical reason for these capitalists to pay him more than they think he is worth to them, as capitalists.
 
Well, I give a fuck, that's why I am discussing this. You see, I think there is this gross misconception of what purpose a CEO serves, what a CEO actually does, the responsibilities they have on a daily basis, and the job they do for the company they work for. I don't think most people who think CEOs make too much, really comprehend or know what the job entails. In fact, I think most of them have some kind of false perception of what a CEO does, which is basically nothing, as best I can tell. I've asked liberals to explain it to me, and I get all of this stuff that has nothing to do with being a CEO, or what their major job responsibilities are, I get things that are stereotypical of the class warfare rhetoric we've come to know and love. According to liberals, CEOs don't really do very much, they fly around in private jets and party with their CEO buddies, and play a lot of golf, but they don't really DO much, in terms of a job.

I think, if people actually educated themselves on what purpose and function a CEO serves, and what a typical CEO does, perhaps the perception of CEOs making too much, would change? You see, people who understand free market capitalism, know that there would be no rational or logical reason for a capitalist venture to pay someone to do nothing but fly around in private jets and play golf. See, the idea of a capitalist is to make profit, not blow money on meaningless figureheads. So we have to realize, when they hire a CEO, they do so in order to realize a benefit to their endeavors as capitalists. There is also not a logical reason for these capitalists to pay him more than they think he is worth to them, as capitalists.

I don't see them as any such thing....that is YOUR distorted bullshit, not mine.

ONCE AGAIN.....where would that person be without the workforce providing the goods or services?
 
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