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  1. #97
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    Re: Coming to a city near you!!

    American corporations are making record profits. Shouldn't the people who provide the labor be receiving record wages? I have a solution-the bosses make a little less, and the workers make a little more.

    The ratio of CEO-to-worker pay has increased 1,000 percent since 1950, according to data from Bloomberg. Today Fortune 500 CEOs make 204 times regular workers on average, Bloomberg found. The ratio is up from 120-to-1 in 2000, 42-to-1 in 1980 and 20-to-1 in 1950.
    “When CEOs switched from asking the question of ‘how much is enough’ to ‘how much can I get,’ investor capital and executive talent started scrapping like hyenas for every morsel,” Roger Martin, dean of the University of Toronto’s Rotman School of Management, told Bloomberg.


    Quote Originally Posted by Pete View Post
    We may have the only civilization ever, where obese people can claim to be "poor".
    ~~~~~~~~~~~~~~~~~~
    Fishhead:
    Try for a moment to forget your sense of "what's right" or "should be".... and look at reality.

    What you're suggesting is a sure fire formula for ensuring that American labor won't be able to compete in a world labor market...

    If a trade union gets an increase that prices the product above worlds prices, the jobs will either go to Asia, or the company will fold.

    When the minimum wage goes up, the low end jobs don't go to Asia, they just disappear.

    You simply can't pay someone more than his work is worth.



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  3. #98
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    Re: Coming to a city near you!!

    Quote Originally Posted by Pete View Post
    We may have the only civilization ever, where obese people can claim to be "poor".
    You are so insensitive Pete!

    It's a DISEASE!

    The AMA now says so.... And there are a RANGE of medical treatments...

    That's right... we all pay for the food with food stamps and other welfare programs AND then we all pay to take off the pounds with Obamacare...

    http://www.nytimes.com/2013/06/19/bu...ease.html?_r=0

    John
    Some circumstantial evidence is very strong, as when you find a trout in the milk.--Henry David Thoreau

  4. #99
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    Re: Coming to a city near you!!

    Quote Originally Posted by fishhead View Post
    American corporations are making record profits. Shouldn't the people who provide the labor be receiving record wages? I have a solution-the bosses make a little less, and the workers make a little more.

    The ratio of CEO-to-worker pay has increased 1,000 percent since 1950, according to data from Bloomberg. Today Fortune 500 CEOs make 204 times regular workers on average, Bloomberg found. The ratio is up from 120-to-1 in 2000, 42-to-1 in 1980 and 20-to-1 in 1950.
    “When CEOs switched from asking the question of ‘how much is enough’ to ‘how much can I get,’ investor capital and executive talent started scrapping like hyenas for every morsel,” Roger Martin, dean of the University of Toronto’s Rotman School of Management, told Bloomberg.
    Brilliant post fishhead. i have been harping about this for years. Your statistic also points out the hypocrisy exhibited and practiced by the modern day CEO as well as others in upper upper level management of fortune 500 companies.

    Hell no and it aint over now.......

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  6. #100
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    Re: Coming to a city near you!!

    Quote Originally Posted by fishhead View Post
    American corporations are making record profits. Shouldn't the people who provide the labor be receiving record wages? I have a solution-the bosses make a little less, and the workers make a little more.

    The ratio of CEO-to-worker pay has increased 1,000 percent since 1950, according to data from Bloomberg. Today Fortune 500 CEOs make 204 times regular workers on average, Bloomberg found. The ratio is up from 120-to-1 in 2000, 42-to-1 in 1980 and 20-to-1 in 1950.
    “When CEOs switched from asking the question of ‘how much is enough’ to ‘how much can I get,’ investor capital and executive talent started scrapping like hyenas for every morsel,” Roger Martin, dean of the University of Toronto’s Rotman School of Management, told Bloomberg.
    Good point.....I believe in our conversation, we were not talking about the corporate world.....which gets larger and larger everyday....that is another conversation........but we were talking about the honest small business....we do about two and a half to three million annually(which is pretty darn good for a small restaurant)..our overhead is HUGE...due to paying people well, and maintenance.....blahblahblah..small business....


    The corporate world, where the CEO gets paid if the business fails......pure lunacy...The corporations are in bed with the politicians...The Supreme Court made sure of that...a completely different argument where I think you and I may agree bit more.....

    "I'm not out on the river to win." -Kieth Rutherford

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  8. #101
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    Re: Coming to a city near you!!

    Quote Originally Posted by Pete View Post
    We may have the only civilization ever, where obese people can claim to be "poor".
    ~~~~~~~~~~~~~~~~~~
    Fishhead:
    Try for a moment to forget your sense of "what's right" or "should be".... and look at reality.

    What you're suggesting is a sure fire formula for ensuring that American labor won't be able to compete in a world labor market...

    If a trade union gets an increase that prices the product above worlds prices, the jobs will either go to Asia, or the company will fold.

    When the minimum wage goes up, the low end jobs don't go to Asia, they just disappear.

    You simply can't pay someone more than his work is worth.
    Gee that's funny most Ceo's are 300+% paid more than they were 40 years ago the disparity between the guy on the floor who makes the product an thus makes the profit for the company and the Worthless POS Ceo is obscene. The trouble with American companies not making profit isn't because of the guy on the floor its because of the Leagalized robbery the Corporate/Globalists are committing. So why are the Corporate phonies paid more than they are worth what value added services do they offer?


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  10. #102
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    Re: Coming to a city near you!!

    Quote Originally Posted by lightenup View Post
    Good point.....I believe in our conversation, we were not talking about the corporate world.....which gets larger and larger everyday....that is another conversation........but we were talking about the honest small business....we do about two and a half to three million annually(which is pretty darn good for a small restaurant)..our overhead is HUGE...due to paying people well, and maintenance.....blahblahblah..small business....


    The corporate world, where the CEO gets paid if the business fails......pure lunacy...The corporations are in bed with the politicians...The Supreme Court made sure of that...a completely different argument where I think you and I may agree bit more.....
    If your business doubled because the chef was amazing and drew twice as many people in...

    Would you double your dishwashers wages or would you hire a second dishwasher or would you hire a second AND double the wages?

    John
    Some circumstantial evidence is very strong, as when you find a trout in the milk.--Henry David Thoreau

  11. #103
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    Coming to a city near you!!

    Oh come on now. Corporations are not evil. They would never do things like donate to their campaigns with the expectation they will pass legislation that benefits the corporation. Or better yet have one of their former Lawyers for a big Bio Tech company or Chairman of a corporation be invited to work in the FDA or in the White House as the job czar. No, no, no. Nothing like that would everrrrrrr happen.

    Monsanto Lawyer
    http://www.fda.gov/AboutFDA/CentersO.../ucm196721.htm

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    http://m.whitehouse.gov/administrati...members/immelt

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  12. #104
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    Re: Coming to a city near you!!

    A variation of the vaunted trickle down economic theory but the government isn't using worker's money to provide economic benefits and tax breaks for the wealthy in the vain hope that some of it will make it back to those same workers. When corporate workers make more, they have more to spend for the products and services provided by small businesses who then can afford to pay their workers better.

    Citizen's United? A ruling that allows the wealthy to influence politicians and buy elections. How in the world can anybody who believes in democracy support this or the politicians who do?

    Quote Originally Posted by lightenup View Post
    Good point.....I believe in our conversation, we were not talking about the corporate world.....which gets larger and larger everyday....that is another conversation........but we were talking about the honest small business....we do about two and a half to three million annually(which is pretty darn good for a small restaurant)..our overhead is HUGE...due to paying people well, and maintenance.....blahblahblah..small business....


    The corporate world, where the CEO gets paid if the business fails......pure lunacy...The corporations are in bed with the politicians...The Supreme Court made sure of that...a completely different argument where I think you and I may agree bit more.....



  13. #105
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    Re: Coming to a city near you!!

    Quote Originally Posted by CTobias View Post
    Oh come on now. Corporations are not evil. They would never do things like donate to their campaigns with the expectation they will pass legislation that benefits the corporation.
    But if that is true, that is, legislation gets passed that benefits a corporation, does that not also benefit the 1000s (or tens of 1000s) of people that the corporation employs? Or new employees that the corporation needs to hire? Or the businesses that supply that corporation with raw materials? Or subcontrators?

    John
    Some circumstantial evidence is very strong, as when you find a trout in the milk.--Henry David Thoreau

  14. #106
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    Quote Originally Posted by Future Fanatic View Post
    But if that is true, that is, legislation gets passed that benefits a corporation, does that not also benefit the 1000s (or tens of 1000s) of people that the corporation employs? Or new employees that the corporation needs to hire? Or the businesses that supply that corporation with raw materials? Or subcontrators?
    It only benefits those at the top, and in fact, with regards to the Monsanto protection act, it put smaller farms out of business.

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  15. #107
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    Re: Coming to a city near you!!

    Trickle down Redux.

    Quote Originally Posted by Future Fanatic View Post
    But if that is true, that is, legislation gets passed that benefits a corporation, does that not also benefit the 1000s (or tens of 1000s) of people that the corporation employs? Or new employees that the corporation needs to hire? Or the businesses that supply that corporation with raw materials? Or subcontrators?



  16. #108
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    Re: Coming to a city near you!!

    If the legislation causes the corporation to increase production 20%...

    does that not also benefit the 1000s (or tens of 1000s) of people that the corporation employs? Or new employees that the corporation needs to hire? Or the businesses that supply that corporation with raw materials? Or subcontrators...

    Or all the people who risked their money and bought shares?
    Or all the working folks who have their retirement funds invested in those corporations?

    John
    Some circumstantial evidence is very strong, as when you find a trout in the milk.--Henry David Thoreau

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