CNBC: Haines and Burnett on 'scary' stories about limiting executive compensation!! ZOMG

[ProfessorPlum]

Run time: 00:40 https://www.youtube.com/watch?v=0cAMGcqUbcg   Posted on YouTube: March 23, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: March 23, 2009 By DU Member: ProfessorPlum Views on DU: 1070

 

[Beavker]

1. Morons

Yeah, I can't even sleep at night. This channel is a waste of airspace. Move out of the country you GOP pieces of shit.

[KansDem]

2. Tha capitalistic system should decide what people are worth?

These clowns remind me of the fucks I used to pass on my way to Tuesday morning classes when I was earning my bachelors. I would walk down an alley that bordered frat row, and was astounded at the number of "future beneficiaries of the capitalistic judgment of worth" who would be lying out on lawn chairs sucking brew at 9:00 in the morning...

[ihavenobias]

3. K & R, I want people to continue to see these clowns. n/t

[avaistheone1]

4. I am really scared.

What if these banker CEOs who have taken the country and the world economy into the toilet can't be paid any salary they want no matter how many millions or billions of dollars they want - regardless of their performance regardless of whether they run a company, or a country into the ground. That would be terrible.

Leave these lying, cheating bastards alone. Let them steal and cheat anything they want to - it's in their contract.

LEAVE THE BANKSTERS AND THE EXECUTIVES ALONE!!
Some of us are really scared and hurting for them. Someone needs to make of video for them like this. So the world will know how deeply we feel for them. The bankster and the executives they have been through a lot. Have some respect and give them anything they want.
http://www.youtube.com/watch?v=kHmvkRoEowc&feature=PlayList&p=A2C58CDFF32FA25C&index=0&playnext=1

[swilton]

5. While they're at it

Why don't they regulate the salaries of these idiotic news broadcasters as well. With IQs to match their shoe sizes, they are way over paid. If they had the brains that God gave a goose, they'd fly backwards. :shrug:

[mikehiggins]

6. Us lefties cannot influence what a company pays its employees

Us part owners (80$ in AIG's case) sure should be.

What is so bad about limiting executive compensation to 300 times that of their workers? At the very least that would probably result in a more than 100% pay hike for the guys on the production line.

Oh, wait. You don't imagine for a second that these Masters of the Universe would willingly take a cut in pay, do you? Better to make everyone rich than to make a few of these clowns work for an honest living.

And as for this pay of theirs being the result of capitalism, yeah, just about the same of any other kind of theft. These people sit on the boards that decide their compensation. Sounds like shooting fish in a barrel to me.

[JHB]

7. Well, for the "x times their workers' pay" part...

Be careful about wishing for that. The way to legally dodge that seems blindingly obvious to me:
rearrange a single company into several, all of which are subcontractors doing the same work as before: one company provides IT services, another provides "customer interaction" services, another provides management services, and so on. Within each (sub) company, the letter of the law is followed, even though the disparity continues in the conglomerate as a whole.

[niceypoo]

8. This isnt capitalism

Capitalism isnt based on stealing. Supply side isnt capitalism, it is corporate nannyism.