breakthrough this morning 1£ = $2+
#61
Joined: Jun 2003
Posts: 3,652
Likes: 0
and now the really hard work - manual labor is paid much less than it was in the 70s in real dollars and the easy work - white collar is paid much more
and CEOs, though they work as hard now as in the 70s - really hard usually - they get paid about ten times as much now in real dollars and that's obscene IMO.
and CEOs, though they work as hard now as in the 70s - really hard usually - they get paid about ten times as much now in real dollars and that's obscene IMO.
#63
Joined: Jan 2003
Posts: 74,699
Likes: 0
>..they get paid about ten times as much now in real dollars and that's obscene IMO.<
Why should anyone's compensation be subject to moral evaluation?
Isn't paying a football player who breeds dogs for fighting over $100M just as obscene?
Bill Clinton gets about $250K per speech and Rudi Giuliani gets about $100K plus expenses. Are these rates obscene?
It costs about $4 to extract a barrel of crude oil from Saudi Arabian fields, yet the price is nearly $80/bbl. Isn't that obscene?
Etc, etc, etc....
Why should anyone's compensation be subject to moral evaluation?
Isn't paying a football player who breeds dogs for fighting over $100M just as obscene?
Bill Clinton gets about $250K per speech and Rudi Giuliani gets about $100K plus expenses. Are these rates obscene?
It costs about $4 to extract a barrel of crude oil from Saudi Arabian fields, yet the price is nearly $80/bbl. Isn't that obscene?
Etc, etc, etc....
#64
Joined: Jan 2003
Posts: 74,699
Likes: 0
>The $2 pound is fading... yesterday $2.06 and still rising it seems - $3 pound can't be far behind?<
OTOH, the GBP is $2.00 this morning.
See http://tinyurl.com/3xlap3
OTOH, the GBP is $2.00 this morning.
See http://tinyurl.com/3xlap3
#65
Joined: Jun 2003
Posts: 3,652
Likes: 0
>..they get paid about ten times as much now in real dollars and that's obscene IMO.<
Why should anyone's compensation be subject to moral evaluation?
simple - CEOs are slashing blue collar jobs and outsorcing them - outsourcing jobs at home to non-union operations or ones that pay much less (GM + Delphi)
thus they are lowering wages for the workers and then getting huge bonuses or golden parachutes - taking from poor and giving to rich and i just find this obscene.
As for other examples OK - bball player is not displacing other bballplayers, etc.
Just fat cat CEOs - actually i'd pay them all as much as they want and have a steeply graduated income tax after a certain level of say 300,000$/yr and up.
Why should anyone's compensation be subject to moral evaluation?
simple - CEOs are slashing blue collar jobs and outsorcing them - outsourcing jobs at home to non-union operations or ones that pay much less (GM + Delphi)
thus they are lowering wages for the workers and then getting huge bonuses or golden parachutes - taking from poor and giving to rich and i just find this obscene.
As for other examples OK - bball player is not displacing other bballplayers, etc.
Just fat cat CEOs - actually i'd pay them all as much as they want and have a steeply graduated income tax after a certain level of say 300,000$/yr and up.
Thread
Original Poster
Forum
Replies
Last Post
kodi
Australia & the Pacific
14
Apr 10th, 2005 05:31 AM
CapriAnniversary
Europe
5
Oct 25th, 2004 04:56 PM




