|
GM Closes 4 Suv and Truck Plants
and shareholders suffer while GM pays GM Chief a crap load of money....
The best quote: "We either need to change this company or have the Japanese come in and run the whole place," John Lauve http://biz.yahoo.com/ap/080603/gm_sh...ders.html?.v=5 |
Re: GM Closes 4 Suv and Truck Plants
On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote:
> and shareholders suffer while GM pays GM Chief a crap load of money.... Ahhh. You're a socialist/Lib/Dimocrat, eh? <snip> -- "Ubuntu" -- an African word, meaning "Slackware is too hard for me". Now filtering out all posts originating from Google Groups. The Usenet Improvement Project: http://improve-usenet.org |
Re: GM Closes 4 Suv and Truck Plants
Dan C wrote:
> On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: > >> and shareholders suffer while GM pays GM Chief a crap load of money.... > > Ahhh. You're a socialist/Lib/Dimocrat, eh? Actually, as one who has a lot of money tied up in the stock market (but little in GM, I have to say that Don't Taze Me, Bro has a point. Jeff > <snip> > > |
Re: GM Closes 4 Suv and Truck Plants
"Dan C" <youmustbejoking@lan.invalid> wrote in message news:pan.2008.06.04.01.11.59.798335@moria.lan... > On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: > >> and shareholders suffer while GM pays GM Chief a crap load of money.... > > Ahhh. You're a socialist/Lib/Dimocrat, eh? Umm, for thinking the shareholders should not suffer losing money while the GM Chief is paid an insane amount of money? How did you get "socialist democrat" from thinking the shareholders should be treated right? Folks, above, I would like you observe what it is like to be brainwashed by one of the various political sides. Anytime a company gets questioned about ethics, there is always an extreme conservative who thinks it is socialist to suggest a company have such. |
Re: GM Closes 4 Suv and Truck Plants
On Wed, 04 Jun 2008 01:48:17 +0000, Don't Taze Me, Bro! wrote:
>>> and shareholders suffer while GM pays GM Chief a crap load of money.... >> Ahhh. You're a socialist/Lib/Dimocrat, eh? > Umm, for thinking the shareholders should not suffer losing money while the > GM Chief is paid an insane amount of money? It's a fact of life, Junior. Sometimes shareholders lose money. That's the way the stock market and the free enterprise system works. As for the CEO making an "insane" amount of money... well, it's certainly more than other GM employees make, but that's (also) how things work. Those in charge get paid more. Simple fact of life. Perhaps if you had more education, you could make some money, yourself! > How did you get "socialist democrat" from thinking the shareholders should > be treated right? Because your post is a textbook example of Lib-think, which is thinly disguised socialism, where you believe everyone should make the same income, and share everything amongst each other equally. That isn't how it works here in the USA, thank god. Go visit the (former) East Bloc if you'd like to see how well that system works. > Folks, above, I would like you observe what it is like to be brainwashed by > one of the various political sides. Anytime a company gets questioned about > ethics, there is always an extreme conservative who thinks it is socialist > to suggest a company have such. Wrong. It's socialist to complain that the boss makes more than you do. Get a clue, and stay in school, boy. Someday maybe you'll be a CEO.... well, that's not too likely, but perhaps you can get out of the fast food joint. -- "Ubuntu" -- an African word, meaning "Slackware is too hard for me". Now filtering out all posts originating from Google Groups. The Usenet Improvement Project: http://improve-usenet.org |
Re: GM Closes 4 Suv and Truck Plants
"Don't Taze Me, Bro!" <One187@NoWhere.Com> wrote in
news:Bvm1k.9117$jX.8234@trnddc04: > > "Dan C" <youmustbejoking@lan.invalid> wrote in message > news:pan.2008.06.04.01.11.59.798335@moria.lan... >> On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: >> >>> and shareholders suffer while GM pays GM Chief a crap load of >>> money.... >> >> Ahhh. You're a socialist/Lib/Dimocrat, eh? > > Umm, for thinking the shareholders should not suffer losing money > while the GM Chief is paid an insane amount of money? > > How did you get "socialist democrat" from thinking the shareholders > should be treated right? why haven't the SHAREHOLDERS corrrected this? > > Folks, above, I would like you observe what it is like to be > brainwashed by one of the various political sides. Anytime a company > gets questioned about ethics, there is always an extreme conservative > who thinks it is socialist to suggest a company have such. > > it's socialist/communist to think that involving Government in regulating such affairs is the solution. Or any sort of "excess profit" taxation. -- Jim Yanik jyanik at kua.net |
Re: GM Closes 4 Suv and Truck Plants
Don't Taze Me, Bro! wrote:
> and shareholders suffer while GM pays GM Chief a crap load of money.... > > The best quote: > "We either need to change this company or have the Japanese come in and run > the whole place," John Lauve > > > http://biz.yahoo.com/ap/080603/gm_sh...ders.html?.v=5 > troll |
Re: GM Closes 4 Suv and Truck Plants
"jim beam" <spamvortex@bad.example.net> wrote in message news:ucSdnRWhqPCtYNjVnZ2dnUVZ_jidnZ2d@speakeasy.ne t... > Don't Taze Me, Bro! wrote: >> and shareholders suffer while GM pays GM Chief a crap load of money.... >> >> The best quote: >> "We either need to change this company or have the Japanese come in and >> run the whole place," John Lauve >> >> >> http://biz.yahoo.com/ap/080603/gm_sh...ders.html?.v=5 >> > > troll Okay, you go to plonky town.. Buh Bye! PLONK |
Re: GM Closes 4 Suv and Truck Plants
Waiving the right to remain silent, Dan C <youmustbejoking@lan.invalid>
said: > On Wed, 04 Jun 2008 01:48:17 +0000, Don't Taze Me, Bro! wrote: > >>>> and shareholders suffer while GM pays GM Chief a crap load of >>>> money.... > >>> Ahhh. You're a socialist/Lib/Dimocrat, eh? > >> Umm, for thinking the shareholders should not suffer losing money while >> the GM Chief is paid an insane amount of money? > > It's a fact of life, Junior. Sometimes shareholders lose money. That's > the way the stock market and the free enterprise system works. As for > the CEO making an "insane" amount of money... well, it's certainly more > than other GM employees make, but that's (also) how things work. Those > in charge get paid more. Simple fact of life. Perhaps if you had more > education, you could make some money, yourself! Hey -for-brains... For presiding over a $39 Billion loss, he got a 64 percent raise. -- Larry J. - Remove spamtrap in ALLCAPS to e-mail "A lack of common sense is now considered a disability, with all the privileges that this entails." |
Re: GM Closes 4 Suv and Truck Plants
Waiving the right to remain silent, Dan C <youmustbejoking@lan.invalid> said:
> On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: > >> and shareholders suffer while GM pays GM Chief a crap load of money.... > > Ahhh. You're a socialist/Lib/Dimocrat, eh? You don't have to be a socialist/lib/democrat to see a fraud like the one at GM... -- Larry J. - Remove spamtrap in ALLCAPS to e-mail "A lack of common sense is now considered a disability, with all the privileges that this entails." |
Re: GM Closes 4 Suv and Truck Plants
Don't Taze Me, Bro! wrote:
> "jim beam" <spamvortex@bad.example.net> wrote in message > news:ucSdnRWhqPCtYNjVnZ2dnUVZ_jidnZ2d@speakeasy.ne t... >> Don't Taze Me, Bro! wrote: >>> and shareholders suffer while GM pays GM Chief a crap load of money.... >>> >>> The best quote: >>> "We either need to change this company or have the Japanese come in and >>> run the whole place," John Lauve >>> >>> >>> http://biz.yahoo.com/ap/080603/gm_sh...ders.html?.v=5 >>> >> troll > > Okay, you go to plonky town.. Buh Bye! PLONK > > let's see how this works: 1. you repeatedly troll. 2. i call you on it. 3. you stick your head in the sand. doesn't seem very smart. or social. but i guess problems with social interaction are why you're trolling in the first place. |
Re: GM Closes 4 Suv and Truck Plants
On Tue, 03 Jun 2008 21:07:39 -0500, Dan C
<youmustbejoking@lan.invalid> wrote: >On Wed, 04 Jun 2008 01:48:17 +0000, Don't Taze Me, Bro! wrote: > >>>> and shareholders suffer while GM pays GM Chief a crap load of money.... > >>> Ahhh. You're a socialist/Lib/Dimocrat, eh? > >> Umm, for thinking the shareholders should not suffer losing money while the >> GM Chief is paid an insane amount of money? > >It's a fact of life, Junior. Sometimes shareholders lose money. That's >the way the stock market and the free enterprise system works. As for the >CEO making an "insane" amount of money... well, it's certainly more than >other GM employees make, but that's (also) how things work. Those in >charge get paid more. Simple fact of life. Perhaps if you had more >education, you could make some money, yourself! Here is a fact for you. Rick Wagoner, CEO of GM got total compensation last year of over $14 million. That is more than the compensation of the CEO and the 36 board members of Honda Motor Company combined. Honda had record sales last month. How is GM doing? Oh, that's right, the death spiral thing - never mind. Anyway, US executives are paid obscene amounts of money not just in comparison to "other employees," but compared to their foreign counterparts. Hard to see the value here. The truth is that American companies are - more and more - being run for the benefit of the executives rather than the stockholders or, god forbid, the mainstream workers. |
Re: GM Closes 4 Suv and Truck Plants
On 4 Jun 2008 02:18:01 GMT, Jim Yanik <jyanik@abuse.gov> wrote:
> >it's socialist/communist to think that involving Government in regulating >such affairs is the solution. Or any sort of "excess profit" taxation. Not much risk of that with GM involved. |
Re: GM Closes 4 Suv and Truck Plants
Jim Yanik wrote:
> "Don't Taze Me, Bro!" <One187@NoWhere.Com> wrote in > news:Bvm1k.9117$jX.8234@trnddc04: > >> "Dan C" <youmustbejoking@lan.invalid> wrote in message >> news:pan.2008.06.04.01.11.59.798335@moria.lan... >>> On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: >>> >>>> and shareholders suffer while GM pays GM Chief a crap load of >>>> money.... >>> Ahhh. You're a socialist/Lib/Dimocrat, eh? >> Umm, for thinking the shareholders should not suffer losing money >> while the GM Chief is paid an insane amount of money? >> >> How did you get "socialist democrat" from thinking the shareholders >> should be treated right? > > why haven't the SHAREHOLDERS corrrected this? >> Folks, above, I would like you observe what it is like to be >> brainwashed by one of the various political sides. Anytime a company >> gets questioned about ethics, there is always an extreme conservative >> who thinks it is socialist to suggest a company have such. >> >> > > it's socialist/communist to think that involving Government in regulating > such affairs is the solution. Or any sort of "excess profit" taxation. > Who mentioned the government? |
Re: GM Closes 4 Suv and Truck Plants
"Dan C" <youmustbejoking@lan.invalid> wrote in message
news:pan.2008.06.04.01.11.59.798335@moria.lan... > On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: > >> and shareholders suffer while GM pays GM Chief a crap load of money.... > > Ahhh. You're a socialist/Lib/Dimocrat, eh? > > <snip> I'm sure Republican shareholders are just as pissed off as anyone else. You know that. But you needed to say something. Anything. Even if it made no sense. |
Re: GM Closes 4 Suv and Truck Plants
Gib Bogle <bogle@ihug.too.much.spam.co.nz> wrote in
news:g25gh5$btq$2@lust.ihug.co.nz: > Jim Yanik wrote: >> "Don't Taze Me, Bro!" <One187@NoWhere.Com> wrote in >> news:Bvm1k.9117$jX.8234@trnddc04: >> >>> "Dan C" <youmustbejoking@lan.invalid> wrote in message >>> news:pan.2008.06.04.01.11.59.798335@moria.lan... >>>> On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: >>>> >>>>> and shareholders suffer while GM pays GM Chief a crap load of >>>>> money.... >>>> Ahhh. You're a socialist/Lib/Dimocrat, eh? >>> Umm, for thinking the shareholders should not suffer losing money >>> while the GM Chief is paid an insane amount of money? >>> >>> How did you get "socialist democrat" from thinking the shareholders >>> should be treated right? >> As I said.... >> why haven't the SHAREHOLDERS corrrected this? >>> Folks, above, I would like you observe what it is like to be >>> brainwashed by one of the various political sides. Anytime a company >>> gets questioned about ethics, there is always an extreme >>> conservative who thinks it is socialist to suggest a company have >>> such. >>> >>> >> >> it's socialist/communist to think that involving Government in >> regulating such affairs is the solution. Or any sort of "excess >> profit" taxation. >> > > Who mentioned the government? > that is the usual demand;for Gov't to regulate something,when other means of control are not achievable. Since shareholders are not forcing "appropriate" CEO salaries or denying unearned bonuses,what other way is there? -- Jim Yanik jyanik at kua.net |
Re: GM Closes 4 Suv and Truck Plants
Larry in AZ <usenet2@DELETE.THISljvideo.com> wrote in
news:Xns9AB2D1B6558B7thefrogprince@69.28.173.184: > Waiving the right to remain silent, Dan C > <youmustbejoking@lan.invalid> said: > >> On Wed, 04 Jun 2008 01:48:17 +0000, Don't Taze Me, Bro! wrote: >> >>>>> and shareholders suffer while GM pays GM Chief a crap load of >>>>> money.... >> >>>> Ahhh. You're a socialist/Lib/Dimocrat, eh? >> >>> Umm, for thinking the shareholders should not suffer losing money >>> while the GM Chief is paid an insane amount of money? >> >> It's a fact of life, Junior. Sometimes shareholders lose money. >> That's the way the stock market and the free enterprise system works. >> As for the CEO making an "insane" amount of money... well, it's >> certainly more than other GM employees make, but that's (also) how >> things work. Those in charge get paid more. Simple fact of life. >> Perhaps if you had more education, you could make some money, >> yourself! > > Hey -for-brains... For presiding over a $39 Billion loss, he got > a 64 percent raise. > and shareholders (and the BOD) allowed it. -- Jim Yanik jyanik at kua.net |
Re: GM Closes 4 Suv and Truck Plants
Gordon McGrew <RgEmMcOgVrEew@mindspring.com> wrote in
news:5a5c44pdhbcgjtgkbqta93eqbm08pdh33p@4ax.com: > On Tue, 03 Jun 2008 21:07:39 -0500, Dan C ><youmustbejoking@lan.invalid> wrote: > >>On Wed, 04 Jun 2008 01:48:17 +0000, Don't Taze Me, Bro! wrote: >> >>>>> and shareholders suffer while GM pays GM Chief a crap load of >>>>> money.... >> >>>> Ahhh. You're a socialist/Lib/Dimocrat, eh? >> >>> Umm, for thinking the shareholders should not suffer losing money >>> while the GM Chief is paid an insane amount of money? >> >>It's a fact of life, Junior. Sometimes shareholders lose money. >>That's the way the stock market and the free enterprise system works. >>As for the CEO making an "insane" amount of money... well, it's >>certainly more than other GM employees make, but that's (also) how >>things work. Those in charge get paid more. Simple fact of life. >>Perhaps if you had more education, you could make some money, >>yourself! > > Here is a fact for you. Rick Wagoner, CEO of GM got total > compensation last year of over $14 million. That is more than the > compensation of the CEO and the 36 board members of Honda Motor > Company combined. Honda had record sales last month. How is GM > doing? Oh, that's right, the death spiral thing - never mind. > > Anyway, US executives are paid obscene amounts of money not just in > comparison to "other employees," but compared to their foreign > counterparts. Hard to see the value here. The truth is that American > companies are - more and more - being run for the benefit of the > executives rather than the stockholders or, god forbid, the mainstream > workers. > > and whose fault is that? Do you suggest "there oughta be a law against it"? BTW,companies are not run for the benefit of workers. They are run for making a profit for their owners. -- Jim Yanik jyanik at kua.net |
Re: GM Closes 4 Suv and Truck Plants
On Tue, 03 Jun 2008 19:25:52 -0700, jim beam wrote:
> Don't Taze Me, Bro! wrote: >> and shareholders suffer while GM pays GM Chief a crap load of money.... >> >> The best quote: >> "We either need to change this company or have the Japanese come in and run >> the whole place," John Lauve >> >> >> http://biz.yahoo.com/ap/080603/gm_sh...ders.html?.v=5 >> > > troll PKB... |
Re: GM Closes 4 Suv and Truck Plants
On Wed, 04 Jun 2008 02:59:02 +0000, Don't Taze Me, Bro! wrote:
> > "jim beam" <spamvortex@bad.example.net> wrote in message > news:ucSdnRWhqPCtYNjVnZ2dnUVZ_jidnZ2d@speakeasy.ne t... >> Don't Taze Me, Bro! wrote: >>> and shareholders suffer while GM pays GM Chief a crap load of money.... >>> >>> The best quote: >>> "We either need to change this company or have the Japanese come in and >>> run the whole place," John Lauve >>> >>> >>> http://biz.yahoo.com/ap/080603/gm_sh...ders.html?.v=5 >>> >> >> troll > > Okay, you go to plonky town.. Buh Bye! PLONK But I like reading drivel from morons! |
Re: GM Closes 4 Suv and Truck Plants
On Tue, 03 Jun 2008 20:12:00 -0500, Dan C wrote:
> On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: > >> and shareholders suffer while GM pays GM Chief a crap load of money.... > > Ahhh. You're a socialist/Lib/Dimocrat, eh? > > <snip> I'm not, and I agree with him. GM is laying off hundreds of workers, and the CEO gets a bonus? I actually think instead of Japanese management, GM should consider getting some Chinese managers. When they phuque up, either they hang themselves... or the government doesit for them. GM should have anticipated this a long time ago. They *never* learn! This has happened at least 5 times in the past 30 years, GM gets stuck making vehicles nobody wants and the Japanese surge ahead. But this time, even Toyota is getting stuck with supplies of Sequoias. |
Re: GM Closes 4 Suv and Truck Plants
On Wed, 04 Jun 2008 03:39:50 +0000, Larry in AZ wrote:
>> It's a fact of life, Junior. Sometimes shareholders lose money. That's >> the way the stock market and the free enterprise system works. As for >> the CEO making an "insane" amount of money... well, it's certainly more >> than other GM employees make, but that's (also) how things work. Those >> in charge get paid more. Simple fact of life. Perhaps if you had more >> education, you could make some money, yourself! > Hey -for-brains... For presiding over a $39 Billion loss, he got a 64 > percent raise. It's a stressful job. I guess you've never been in charge of anything, so it's no wonder you don't understand, dimwit. The "shareholders" are the real idiots here. Next to you, of course. -- "Ubuntu" -- an African word, meaning "Slackware is too hard for me". Now filtering out all posts originating from Google Groups. The Usenet Improvement Project: http://improve-usenet.org |
Re: GM Closes 4 Suv and Truck Plants
On Tue, 03 Jun 2008 23:27:46 -0500, Gordon McGrew wrote:
>>It's a fact of life, Junior. Sometimes shareholders lose money. That's >>the way the stock market and the free enterprise system works. As for the >>CEO making an "insane" amount of money... well, it's certainly more than >>other GM employees make, but that's (also) how things work. Those in >>charge get paid more. Simple fact of life. Perhaps if you had more >>education, you could make some money, yourself! > Here is a fact for you. Rick Wagoner, CEO of GM got total > compensation last year of over $14 million. That is more than the > compensation of the CEO and the 36 board members of Honda Motor > Company combined. Honda had record sales last month. How is GM > doing? Oh, that's right, the death spiral thing - never mind. How much he makes in comparison to other executives (especially foreigners) is completely irrelevant. He was paid an amount that was decided upon by the board of directors, who are supposed to be the direct representatives of the shareholders. Blame the board, and the shareholders, for paying him too much, if you must blame someone. > Anyway, US executives are paid obscene amounts of money not just in > comparison to "other employees," but compared to their foreign > counterparts. Hard to see the value here. The truth is that American > companies are - more and more - being run for the benefit of the > executives rather than the stockholders or, god forbid, the mainstream > workers. Jesus, did none of you ever study economics and the free enterprise system? This isn't a commune trying to the wealth amongst everyone equally. This is a ing American business, whose goals are (and should be) to make the maximum profit possible for the company. How that company decides to compensate it's directors/executives and other workers is decided by the company. Rick Wagoner didn't set his own salary, the goddam board of directors (and shareholders) did. Don't blame the dude for accepting what they offer to pay him. We've got enough socialism in the country already. Just look at the circus which is the Democrat party if you want to see that. -- "Ubuntu" -- an African word, meaning "Slackware is too hard for me". Now filtering out all posts originating from Google Groups. The Usenet Improvement Project: http://improve-usenet.org |
Re: GM Closes 4 Suv and Truck Plants
Dan C wrote: > On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: > > > and shareholders suffer while GM pays GM Chief a crap load of money.... > > Ahhh. You're a socialist/Lib/Dimocrat, eh? He sounds more like a capitalist shareholder. Why did GM do so well under the reign of "Engine" Charlie Wilson, who was a socialist/lib/Democrat? |
Re: GM Closes 4 Suv and Truck Plants
On Wed, 04 Jun 2008 06:46:07 -0700, larry moe 'n curly wrote:
>> > and shareholders suffer while GM pays GM Chief a crap load of money.... >> Ahhh. You're a socialist/Lib/Dimocrat, eh? > He sounds more like a capitalist shareholder. > > Why did GM do so well under the reign of "Engine" Charlie Wilson, who > was a socialist/lib/Democrat? Don't know, don't care. I wasn't referring to the political leanings of the current GM CEO, or how he ran the company. I was talking about the troll's attempt at making it seem "unfair" that the CEO makes more money than Joe-assembly-line-worker. -- "Ubuntu" -- an African word, meaning "Slackware is too hard for me". Now filtering out all posts originating from Google Groups. The Usenet Improvement Project: http://improve-usenet.org |
Re: GM Closes 4 Suv and Truck Plants
An excellent point.
> Here is a fact for you. Rick Wagoner, CEO of GM got total > compensation last year of over $14 million. That is more than the > compensation of the CEO and the 36 board members of Honda Motor > Company combined. Honda had record sales last month. How is GM > doing? Oh, that's right, the death spiral thing - never mind. > > Anyway, US executives are paid obscene amounts of money not just in > comparison to "other employees," but compared to their foreign > counterparts. Hard to see the value here. The truth is that American > companies are - more and more - being run for the benefit of the > executives rather than the stockholders or, god forbid, the mainstream > workers. > |
Re: GM Closes 4 Suv and Truck Plants
I agree, but the executives are workers, and GMs paying higher than the
industry rate for executives. > > BTW,companies are not run for the benefit of workers. > They are run for making a profit for their owners. > > -- > Jim Yanik > jyanik > at > kua.net |
Re: GM Closes 4 Suv and Truck Plants
I'm a capitalist, but overcompensating executives that don't perform and
expecting the company to survive is stupidity that will kill the company. Do you need proof? Also, do you have to defame the Lord to make your point? > > Jesus, did none of you ever study economics and the free enterprise > system? This isn't a commune trying to the wealth amongst everyone > equally. This is a ing American business, whose goals are (and should > be) to make the maximum profit possible for the company. How that company > decides to compensate it's directors/executives and other workers is > decided by the company. Rick Wagoner didn't set his own salary, the > goddam board of directors (and shareholders) did. Don't blame the dude > for accepting what they offer to pay him. > > We've got enough socialism in the country already. Just look at the > circus which is the Democrat party if you want to see that. > > > -- > "Ubuntu" -- an African word, meaning "Slackware is too hard for me". > Now filtering out all posts originating from Google Groups. > The Usenet Improvement Project: http://improve-usenet.org > |
Re: GM Closes 4 Suv and Truck Plants
On 4 Jun 2008 12:16:36 GMT, Jim Yanik <jyanik@abuse.gov> wrote:
>Gordon McGrew <RgEmMcOgVrEew@mindspring.com> wrote in >news:5a5c44pdhbcgjtgkbqta93eqbm08pdh33p@4ax.com : > >> On Tue, 03 Jun 2008 21:07:39 -0500, Dan C >><youmustbejoking@lan.invalid> wrote: >> >>>On Wed, 04 Jun 2008 01:48:17 +0000, Don't Taze Me, Bro! wrote: >>> >>>>>> and shareholders suffer while GM pays GM Chief a crap load of >>>>>> money.... >>> >>>>> Ahhh. You're a socialist/Lib/Dimocrat, eh? >>> >>>> Umm, for thinking the shareholders should not suffer losing money >>>> while the GM Chief is paid an insane amount of money? >>> >>>It's a fact of life, Junior. Sometimes shareholders lose money. >>>That's the way the stock market and the free enterprise system works. >>>As for the CEO making an "insane" amount of money... well, it's >>>certainly more than other GM employees make, but that's (also) how >>>things work. Those in charge get paid more. Simple fact of life. >>>Perhaps if you had more education, you could make some money, >>>yourself! >> >> Here is a fact for you. Rick Wagoner, CEO of GM got total >> compensation last year of over $14 million. That is more than the >> compensation of the CEO and the 36 board members of Honda Motor >> Company combined. Honda had record sales last month. How is GM >> doing? Oh, that's right, the death spiral thing - never mind. >> >> Anyway, US executives are paid obscene amounts of money not just in >> comparison to "other employees," but compared to their foreign >> counterparts. Hard to see the value here. The truth is that American >> companies are - more and more - being run for the benefit of the >> executives rather than the stockholders or, god forbid, the mainstream >> workers. >> >> > >and whose fault is that? >Do you suggest "there oughta be a law against it"? A law against it? Hell no. I think the tax tables need to be adjusted. And when he tries to pass on this tremendous wealth to whatever progeny might share his genetic makeup, that transfer should be heavily taxed. If the company then wants to make a major contribution (albeit indirect) to the US Treasury, they can knock themselves out. >BTW,companies are not run for the benefit of workers. And unions are not run for the benefit of the company. >They are run for making a profit for their owners. Tell that to the GM shareholders. I bet not 0.1% of them make as much as Wagoner. |
Re: GM Closes 4 Suv and Truck Plants
On Wed, 04 Jun 2008 07:48:29 -0500, Dan C
<youmustbejoking@lan.invalid> wrote: >On Tue, 03 Jun 2008 23:27:46 -0500, Gordon McGrew wrote: > >>>It's a fact of life, Junior. Sometimes shareholders lose money. That's >>>the way the stock market and the free enterprise system works. As for the >>>CEO making an "insane" amount of money... well, it's certainly more than >>>other GM employees make, but that's (also) how things work. Those in >>>charge get paid more. Simple fact of life. Perhaps if you had more >>>education, you could make some money, yourself! > >> Here is a fact for you. Rick Wagoner, CEO of GM got total >> compensation last year of over $14 million. That is more than the >> compensation of the CEO and the 36 board members of Honda Motor >> Company combined. Honda had record sales last month. How is GM >> doing? Oh, that's right, the death spiral thing - never mind. > >How much he makes in comparison to other executives (especially >foreigners) is completely irrelevant. He was paid an amount that was >decided upon by the board of directors, who are supposed to be the direct "supposed to" being the operative statement here. >representatives of the shareholders. Blame the board, and the >shareholders, for paying him too much, if you must blame someone. Blame the Board (aka his golf buddies), sure. The stockholders' only real vote is to sell. Considering that GM stock is worth no more now than it was in 1960, I think a lot of them have already voted. >> Anyway, US executives are paid obscene amounts of money not just in >> comparison to "other employees," but compared to their foreign >> counterparts. Hard to see the value here. The truth is that American >> companies are - more and more - being run for the benefit of the >> executives rather than the stockholders or, god forbid, the mainstream >> workers. > >Jesus, did none of you ever study economics and the free enterprise >system? This isn't a commune trying to the wealth amongst everyone >equally. This is a ing American business, whose goals are (and should >be) to make the maximum profit possible for the company. I agree, that should be the goal. I am telling you that you are naive. The purpose of the company is to make the top executives as rich as possible. > How that company >decides to compensate it's directors/executives and other workers is >decided by the company. Rick Wagoner didn't set his own salary, the >goddam board of directors (and shareholders) did. Don't blame the dude >for accepting what they offer to pay him. And when he sits on the board of their company, don't blame them for accepting what Rick Wagoner gives them. >We've got enough socialism in the country already. Just look at the >circus which is the Democrat party if you want to see that. Democracy is so untidy. Let's just make Bush dictator like he said he wanted. |
Re: GM Closes 4 Suv and Truck Plants
Gordon McGrew <RgEmMcOgVrEew@mindspring.com> wrote in
news:5a5c44pdhbcgjtgkbqta93eqbm08pdh33p@4ax.com: > On Tue, 03 Jun 2008 21:07:39 -0500, Dan C > <youmustbejoking@lan.invalid> wrote: > >>On Wed, 04 Jun 2008 01:48:17 +0000, Don't Taze Me, Bro! wrote: >> >>>>> and shareholders suffer while GM pays GM Chief a crap load of >>>>> money.... >> >>>> Ahhh. You're a socialist/Lib/Dimocrat, eh? >> >>> Umm, for thinking the shareholders should not suffer losing money >>> while the GM Chief is paid an insane amount of money? >> >>It's a fact of life, Junior. Sometimes shareholders lose money. >>That's the way the stock market and the free enterprise system works. >>As for the CEO making an "insane" amount of money... well, it's >>certainly more than other GM employees make, but that's (also) how >>things work. Those in charge get paid more. Simple fact of life. >>Perhaps if you had more education, you could make some money, >>yourself! > > Here is a fact for you. Rick Wagoner, CEO of GM got total > compensation last year of over $14 million. That is more than the > compensation of the CEO and the 36 board members of Honda Motor > Company combined. Honda had record sales last month. How is GM > doing? Oh, that's right, the death spiral thing - never mind. > > Anyway, US executives are paid obscene amounts of money not just in > comparison to "other employees," but compared to their foreign > counterparts. Hard to see the value here. The truth is that American > companies are - more and more - being run for the benefit of the > executives rather than the stockholders or, god forbid, the mainstream > workers. > > I usually stay away from Usenet politics, but here I must weigh in. If you have a problem with the current state of corporate governance, I have two terms for you to look up and study: the Williams Act of 1968, and the Revenue Reconciliation Act of 1993. There are other bad laws also to blame, but these two are the chief modern troublemakers. The problem here is not the machinations of ordinary individuals in their ordinary course of life, but those of ordinary individuals able to exercise state power over those who lack it. Often the cure for a political disease is far worse than the disease that prompted the cure. -- Tegger The Unofficial Honda/Acura FAQ www.tegger.com/hondafaq/ |
Re: GM Closes 4 Suv and Truck Plants
"Roadrunner NG" <RRNG@highlandcraft.com> wrote in
news:48471613$0$30238$4c368faf@roadrunner.com: > I agree, but the executives are workers, and GMs paying higher than the > industry rate for executives. > > >> >> BTW,companies are not run for the benefit of workers. >> They are run for making a profit for their owners. >> >> -- >> Jim Yanik >> jyanik >> at >> kua.net > > > isn't that the decision of the company BOD(and the shareholders in a round- about way) rather than the government? What business is it of the government? (in a Capitalist society...) -- Jim Yanik jyanik at kua.net |
Re: GM Closes 4 Suv and Truck Plants
"Roadrunner NG" <RRNG@highlandcraft.com> wrote in
news:484716e5$0$30193$4c368faf@roadrunner.com: > I'm a capitalist, but overcompensating executives that don't perform > and expecting the company to survive is stupidity that will kill the > company. Do you need proof? Also, do you have to defame the Lord to > make your point? >> >> Jesus, did none of you ever study economics and the free enterprise >> system? This isn't a commune trying to the wealth amongst >> everyone equally. This is a ing American business, whose goals >> are (and should be) to make the maximum profit possible for the >> company. How that company decides to compensate it's >> directors/executives and other workers is decided by the company. >> Rick Wagoner didn't set his own salary, the goddam board of directors >> (and shareholders) did. Don't blame the dude for accepting what they >> offer to pay him. >> >> We've got enough socialism in the country already. Just look at the >> circus which is the Democrat party if you want to see that. >> >> >> -- >> "Ubuntu" -- an African word, meaning "Slackware is too hard for me". >> Now filtering out all posts originating from Google Groups. >> The Usenet Improvement Project: http://improve-usenet.org >> > > > WHERE do you see any authority under the US Constitution for government to make such decisions as to what a private company's execs are paid? -- Jim Yanik jyanik at kua.net |
Re: GM Closes 4 Suv and Truck Plants
Gordon McGrew <RgEmMcOgVrEew@mindspring.com> wrote in
news:178e44d2kc77fbiothmt12oms754qfudpe@4ax.com: > On 4 Jun 2008 12:16:36 GMT, Jim Yanik <jyanik@abuse.gov> wrote: > >>Gordon McGrew <RgEmMcOgVrEew@mindspring.com> wrote in >>news:5a5c44pdhbcgjtgkbqta93eqbm08pdh33p@4ax.co m: >> >>> On Tue, 03 Jun 2008 21:07:39 -0500, Dan C >>><youmustbejoking@lan.invalid> wrote: >>> >>>>On Wed, 04 Jun 2008 01:48:17 +0000, Don't Taze Me, Bro! wrote: >>>> >>>>>>> and shareholders suffer while GM pays GM Chief a crap load of >>>>>>> money.... >>>> >>>>>> Ahhh. You're a socialist/Lib/Dimocrat, eh? >>>> >>>>> Umm, for thinking the shareholders should not suffer losing money >>>>> while the GM Chief is paid an insane amount of money? >>>> >>>>It's a fact of life, Junior. Sometimes shareholders lose money. >>>>That's the way the stock market and the free enterprise system works. >>>>As for the CEO making an "insane" amount of money... well, it's >>>>certainly more than other GM employees make, but that's (also) how >>>>things work. Those in charge get paid more. Simple fact of life. >>>>Perhaps if you had more education, you could make some money, >>>>yourself! >>> >>> Here is a fact for you. Rick Wagoner, CEO of GM got total >>> compensation last year of over $14 million. That is more than the >>> compensation of the CEO and the 36 board members of Honda Motor >>> Company combined. Honda had record sales last month. How is GM >>> doing? Oh, that's right, the death spiral thing - never mind. >>> >>> Anyway, US executives are paid obscene amounts of money not just in >>> comparison to "other employees," but compared to their foreign >>> counterparts. Hard to see the value here. The truth is that American >>> companies are - more and more - being run for the benefit of the >>> executives rather than the stockholders or, god forbid, the mainstream >>> workers. >>> >>> >> >>and whose fault is that? >>Do you suggest "there oughta be a law against it"? > > A law against it? Hell no. I think the tax tables need to be > adjusted. Ah,so everybody DOESNT get treated equally under the law. If you work smarter,earn more,you get taxed at higher rates as punishment. > And when he tries to pass on this tremendous wealth to > whatever progeny might share his genetic makeup, that transfer should > be heavily taxed. DOUBLE taxation? The guy's income was taxed once,and he should be able to pass on his private property(assets) to his progeny without being taxed on the same income again. You must be a Socialist-Communist;everything is property of the State. Or simply jealous of those who do better than you,and want government to strip them of their earnings and life's accumulations. > If the company then wants to make a major > contribution (albeit indirect) to the US Treasury, they can knock > themselves out. > >>BTW,companies are not run for the benefit of workers. > > And unions are not run for the benefit of the company. > >>They are run for making a profit for their owners. > > Tell that to the GM shareholders. I bet not 0.1% of them make as much > as Wagoner. > But it is STILL *THEIR* decision,not the US Government. Not in a non-Communist society. -- Jim Yanik jyanik at kua.net |
Re: GM Closes 4 Suv and Truck Plants
Gordon McGrew <RgEmMcOgVrEew@mindspring.com> wrote in
news:dm8e449ihd25pj0mcsq1ch16lh84evmf1d@4ax.com: > On Wed, 04 Jun 2008 07:48:29 -0500, Dan C ><youmustbejoking@lan.invalid> wrote: > >>On Tue, 03 Jun 2008 23:27:46 -0500, Gordon McGrew wrote: >> >>>>It's a fact of life, Junior. Sometimes shareholders lose money. >>>>That's the way the stock market and the free enterprise system >>>>works. As for the CEO making an "insane" amount of money... well, >>>>it's certainly more than other GM employees make, but that's (also) >>>>how things work. Those in charge get paid more. Simple fact of >>>>life. Perhaps if you had more education, you could make some money, >>>>yourself! >> >>> Here is a fact for you. Rick Wagoner, CEO of GM got total >>> compensation last year of over $14 million. That is more than the >>> compensation of the CEO and the 36 board members of Honda Motor >>> Company combined. Honda had record sales last month. How is GM >>> doing? Oh, that's right, the death spiral thing - never mind. >> >>How much he makes in comparison to other executives (especially >>foreigners) is completely irrelevant. He was paid an amount that was >>decided upon by the board of directors, who are supposed to be the >>direct > > "supposed to" being the operative statement here. > >>representatives of the shareholders. Blame the board, and the >>shareholders, for paying him too much, if you must blame someone. > > Blame the Board (aka his golf buddies), sure. The stockholders' only > real vote is to sell. Considering that GM stock is worth no more now > than it was in 1960, I think a lot of them have already voted. > >>> Anyway, US executives are paid obscene amounts of money not just in >>> comparison to "other employees," but compared to their foreign >>> counterparts. Hard to see the value here. The truth is that >>> American companies are - more and more - being run for the benefit >>> of the executives rather than the stockholders or, god forbid, the >>> mainstream workers. >> >>Jesus, did none of you ever study economics and the free enterprise >>system? This isn't a commune trying to the wealth amongst >>everyone equally. This is a ing American business, whose goals >>are (and should be) to make the maximum profit possible for the >>company. > > I agree, that should be the goal. I am telling you that you are > naive. The purpose of the company is to make the top executives as > rich as possible. > >> How that company >>decides to compensate it's directors/executives and other workers is >>decided by the company. Rick Wagoner didn't set his own salary, the >>goddam board of directors (and shareholders) did. Don't blame the >>dude for accepting what they offer to pay him. > > And when he sits on the board of their company, don't blame them for > accepting what Rick Wagoner gives them. > >>We've got enough socialism in the country already. Just look at the >>circus which is the Democrat party if you want to see that. > > Democracy is so untidy. Let's just make Bush dictator like he said he > wanted. > > It appears YOU are the one who wants to assign "dictator" powers to the government. YOU want the government to dictate to companies how much they can pay for certain jobs. -- Jim Yanik jyanik at kua.net |
Re: GM Closes 4 Suv and Truck Plants
Gordon McGrew <RgEmMcOgVrEew@mindspring.com> wrote in
news:dm8e449ihd25pj0mcsq1ch16lh84evmf1d@4ax.com: Tell me,did you once post by the name "krztalizer"? -- Jim Yanik jyanik at kua.net |
Re: GM Closes 4 Suv and Truck Plants
jim beam wrote:
> Don't Taze Me, Bro! wrote: >> "jim beam" <spamvortex@bad.example.net> wrote in message >> news:ucSdnRWhqPCtYNjVnZ2dnUVZ_jidnZ2d@speakeasy.ne t... >>> Don't Taze Me, Bro! wrote: >>>> and shareholders suffer while GM pays GM Chief a crap load of money.... >>>> >>>> The best quote: >>>> "We either need to change this company or have the Japanese come in >>>> and run the whole place," John Lauve >>>> >>>> >>>> http://biz.yahoo.com/ap/080603/gm_sh...ders.html?.v=5 >>>> >>> troll >> >> Okay, you go to plonky town.. Buh Bye! PLONK >> > > let's see how this works: > > 1. you repeatedly troll. > > 2. i call you on it. > > 3. you stick your head in the sand. > > doesn't seem very smart. or social. but i guess problems with social > interaction are why you're trolling in the first place. > I am still trying to figure out what any of this guy's posts have to do with Honda products.... |
Re: GM Closes 4 Suv and Truck Plants
On 2008-06-04, JoeSpareBedroom <dishborealis@yahoo.com> wrote:
> "Dan C" <youmustbejoking@lan.invalid> wrote in message > news:pan.2008.06.04.01.11.59.798335@moria.lan... >> On Wed, 04 Jun 2008 01:00:28 +0000, Don't Taze Me, Bro! wrote: >> >>> and shareholders suffer while GM pays GM Chief a crap load of money.... >> >> Ahhh. You're a socialist/Lib/Dimocrat, eh? >> >> <snip> > > > I'm sure Republican shareholders are just as pissed off as anyone else. > > You know that. But you needed to say something. Anything. Even if it made no > sense. > > Why should the shareholders be pissed? They voted to hire the CEO, and they approved his contract. If they are upset, they only have themselves to blame. -- Joe - Linux User #449481/Ubuntu User #19733 joe at hits - buffalo dot com "Hate is baggage, life is too short to go around pissed off all the time..." - Danny, American History X |
Re: GM Closes 4 Suv and Truck Plants
On 2008-06-04, Roadrunner NG <RRNG@highlandcraft.com> wrote:
> I'm a capitalist, but overcompensating executives that don't perform and > expecting the company to survive is stupidity that will kill the company. > Do you need proof? Also, do you have to defame the Lord to make your point? So? If the decisions of the board are bad for the company, the company goes out of business. Tough . Someone else will take their place, and likely be better run. The shareholders have noone but themselves to blame. And the workers will just have to find new jobs. It happens to most of us at some point... And which lord are you talking about? Personally, I don't answer to one, so I have none to defame... Not that I care about your personal religious choices, but don't assume that everyone you are talking to shares them... -- Joe - Linux User #449481/Ubuntu User #19733 joe at hits - buffalo dot com "Hate is baggage, life is too short to go around pissed off all the time..." - Danny, American History X |
Re: GM Closes 4 Suv and Truck Plants
On Jun 5, 12:45 am, Joe <j...@nospam.hits-buffalo.com> wrote:
> On 2008-06-04, JoeSpareBedroom <dishborea...@yahoo.com> wrote: > > let's say, joe got a job cleaning urinals and phucked up.. > > Why should the shareholders be pissed? They voted to hire the CEO, > and they approved his contract. If they are upset, they only have > themselves to blame. > why should joe's boss be pissed? she decided to hire joe and she approved joe's contract. if joe doesn't wipe the urinals clean, the boss only has herself to blame. conclusion: joe is a communist! |
| All times are GMT -4. The time now is 04:00 PM. |
© 2024 MH Sub I, LLC dba Internet Brands