Comments on: The First Draft: Executive pay crackdown http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/ Tracking U.S. politics Wed, 16 Nov 2016 03:39:51 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: BlackBean http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-402050 Tue, 27 Oct 2009 12:53:28 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-402050 This is also so stupid. You will NEVER be able to ‘control’ wages. I was thinking that the government should tax all compensation (not just salary, ALL compensation, the whole enchiladae) at 99.9999% once you earn more than 20 times the SALARY of the President. But these guys will just find ways to funnel the money overseas to create lavish nest eggs for themselves overseas.

The only option we as voters have is to ensure that NO incumbment gets re-elected during the next election cycles until all of Congress is replaced. All elected officials should go. They oversaw this fiasco and just sat idly watching it all go down. They should know, their jobs aren’t safe either.

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By: brian lee http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-401814 Sun, 25 Oct 2009 05:22:32 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-401814 Another facet of the ideals of socialism,wage control.when the socialist ball starts to roll there are several eventualities that follow not to far behind.We are seeing freedom of speech being attacked as Obama tries to marginalize Fox news,and controlling enterprise with wage control saying that restriction are only on the companies that received bailout money,but this has been shown to be not true.Watch the moves folks!a major part of Harold Wilson,s socialist government failed policies in the UK were because of his attempt to control wages.

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By: Harry http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-401546 Fri, 23 Oct 2009 05:00:21 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-401546 I may as well add this comment too … have all the mafia Godfathers gone soft or mad … if these clowns running their money laundromats start acting like smart ass dictators of their own games , then mess things up .. put bullets in their heads and get new ones for less pay… after extracting the valuable information.

back to family values that work !!

it’s obvious after the bailouts all that cash appeared from nowhere to pay it back … who’s fiddling as Rome burns ?

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By: Harry http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-401519 Fri, 23 Oct 2009 03:03:35 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-401519 besides the point that almost all other employees are governed by a regulated award wage as here in Australia .. apart from exploited sweat shops .. these people playing with the money of others shouldn’t be allowed to blackmail and extort obscene amounts because they can sabotage the global economy like terrorists … the danger of complete collapse is ever present as the U.S. heads into a cold winter and strangled energy costs , with small business being bled dry … they don’t see the painful holistic picture of their actions till it’s all to late as with climate change … a moral crossroads here rather than a money argument… if congress resists the needed change it will be shaken to it’s foundations for its own ignorance .

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By: steve http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-401503 Thu, 22 Oct 2009 22:59:24 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-401503 Who cares about the greedy cutthroats who use our money to gamble with and pay off politicians to tilt the market in their favor. If you believe that we have a FREE market than I have a bridge to nowhere to sale you. Lobbyists get laws passed that favors their market advantage, not America’s market. The only time you hear them screaming about a free market is when a law is passed that they do not like or a law passed to protect the little guy from the vultures who live off the backs of hard working tax payers. Let them sink. They are not worth the sweat, blood and tears middle class Americans endure so they buy their brand of the so called FREE market by buying politicians to pass laws that favor the rich and wall street.

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By: Robert L. http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-401501 Thu, 22 Oct 2009 22:05:42 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-401501 Watch the Republicans and the know-nothings jump all over this as an example of creeping socialism. As Real Deal says, the sun is setting on the US empire, and the guys at the top are squabbling over shrinking dollars. My heart bleeds for them. Not!

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By: The Real Deal http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-401494 Thu, 22 Oct 2009 17:56:18 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-401494 Big corp execs who got gov bailouts get pay slashed.

How about citizens who got gov bailouts get pay slashed too?

USA: world’s premiere unfettered Anglo-Saxton hyper-capitalism superpower of the past 2 decades, now its citizens and ‘master of the universe’ fighting over bailout money the government does not have.

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By: Lisa http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-401493 Thu, 22 Oct 2009 17:56:13 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-401493 Hm. By ‘second rate people’ he probably means the people he doesn’t want in his country club.

If all the ‘top people’ have their pay slashed, those ‘top people’ have two choices–either they can stay where they are with reasonable pay, or look for a new job–in a marketplace where the pay has been slashed for those positions all across the industry. In that environment they’re better off staying put where they are, because they are not going to get any additional money by going elsewhere.

That whole arguement that ‘we’ll lose top people’ is specious. Besides which, at that level, the difference between ‘top’ and ‘second’ has more to do with luck and politics than actual ability or skills.

What it amounts to is that the remaining royalty and pseudo-royalty of the world don’t want to have to learn to get along with a new, unfamiliar personality doing those jobs.

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By: wall street exec http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-401492 Thu, 22 Oct 2009 17:44:22 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-401492 Do not attempt to cut my pay. I need as many green pieces of paper as possible to remind me that I am happier and better than everyone else.

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By: jesse http://blogs.reuters.com/talesfromthetrail/2009/10/22/the-first-draft-executive-pay-crackdown/comment-page-1/#comment-401486 Thu, 22 Oct 2009 16:20:14 +0000 http://blogs.reuters.com/frontrow/?p=21414#comment-401486 I think Im in the wrong field. If I happen to run my company into the ground, lost peoples pensions, retirements, and all there savings. I dont think i would get a bailout, I would go to jail for a very long time. Did the bailout help it looks like it did a little, but thats no reason for these guys to get there leerjets back. Not until all the money is replaced. Im not to sure why they are worried about losing the top guys when there the ones that put us in this place anyways. So if there looking for replacements I,d love 200k a year. I promiss not to ask for a raise.

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