Gap between CEO and workers is much worse than you realize

So you admit that MS is a SAF?

I am no fan of corporate fuks, but I understand that corporate fuks are a slippery bunch to nail to the wall. Destroying their wealth and earning capacity has consequences. 

I am not sure much gets better as a result.

I know protectionist policies would have a net benefit for the middle class.  With the Deflation we are seeing relative to other countries since weening back a bit on the QE firehose, protectionist policies could possibly work great.  First thought is that our cheap exports would be more expensive, but I am not sure that is true at all. Especially with China entering a downturn.

Jerry?

Golden Goose, you are so right, the middle class has been getting screwed for 30 years.  And the gullible right wing middle class fall for the con job every election, mainly because of gun control.

 

 

Some of this is overblown a bit. People move up or down in class and from class to class. It is not like the exact same people are kept stagnant. By definition people that are middle class are usually those with slightly less ambition, etc. So, to an extent, the achievers continue to excel and climb. 

CEO's and bankers have too much power. The middle class used to stick together. Unions were stronger. Now people live in fear, keep their heads down and try to move up the ladder.

People in the past would support the local guy, now they just think of themselves and go to big box stores to save a few dollars.

Nobody cares anymore. There's no pride. People don't support each other. Co workers will see someone getting treated like crap and look the other way.

There's a disconnect between the people in this country. People knew everyone in their neighborhood ... share salt, butter, a few eggs, milk etc.. People used to wave to each other. People kept an eye out for the old lady in the neighborhood.

This country will be better off if there's a serious crash and everyone gets a chance to reevaluate what's really important to them.

Seven years old and still SPOT ON...

https://www.youtube.com/watch?v=pKv6RcXa2UI

“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.” - Thomas Jefferson

"By remaining behind the scenes, they (the Rothschilds) were able to avoid the brunt of public anger which was directed, instead, at the political figures which they largely controlled. This is a technique which has been practiced by financial manipulators ever since, and it is fully utilized by those who operate the Federal Reserve System today."- G. Edward Griffin

 

I think conspiracy theory guys like Griffin make some good points. I mean, what the hell's going on with the "War on Terror"? Damn thing doesn't make any sense if you only go by what the politicians are saying. Just so happens there's an ocean of oil over there ... and the dollar is backed by oil. But we're told it's a war on terror. Come on man!

Couldn't agree more. I think that when I read the creature from Jeckyll island it was a major turning point for me, concerning everything i believed about the world.

I am not saying that corporate fuks are not a problem, I am saying that the "solutions" of confiscation, arbitrary caps on pay and other such nonsense is not only illegal, but it has worse consequences than the wage gap.  the "solution" would cause more pain than the perceived problem.

I think one of the only things that I disagree with the left about is the idea that taking the power away from corporations and giving it solely to government is a worse Idea than having the corruption split between the two.

"Better the Devil you know than the Devil you don't"

I think we know the other devil as well.
We have seen capital flight from places that are anti business, and capital flight to places that are pro business.

There is a reason that 60% of Apple's income as one of the largest companies in the world will never see American soil. It is routed to Ireland.

I don't have a problem with them making whatever they can. They all scream "Capitalism" when things are well but turns to "Socialism" when things are bad(bailouts). They WANT and RECIEVE handouts all the time just like some of the welfare receipents but somehow they get a free-pass.

"And yes, check on Europe, their exec compensation is regulated, and I think the same should happen here."

You want a model?  A good model?  Look at the Japanese.

Exec income is regulated... and if they don't produce?

They are shamed in society to the point where some commit suicide.

I have been touting this for YEARS.

Nobody seems to notice.  Nobody seems to care.