Getting aroud the 'crackdown' on exec pay

re: Getting aroud the 'crackdown' on exec pay

goingdowntoofast — Fri, 03 Oct 2008 00:17:01 GMT

The only Compensation package these executives should be getting

is a golden parachute (first class golden ticket) to the unemployment line.

Isn't that what corporate america has done to overpaid employees when

they want to get their budgets down to keep their salaries and jobs?

I vote no bailout money should go to the executives in form of a compensation

package, that should bring the $700billion dollar bailout down some.

If the government inisists on spending this money, then let them divide the

money to the average american joe struggling to make ends meet on a regular

basis.

re: Getting aroud the 'crackdown' on exec pay

Charlie — Thu, 02 Oct 2008 17:47:04 GMT

Do we soon forget the Auto bail out and who will pay for this one also add anothe 75 million to this.

Here we go with bailing out the auto companies with 25 Mill each watch were they spend it .

There should be a tag on this money that they spend it in the USA NOT MEXICO,CHINA OR JAPAN

We have lost enough jobs and employment in Michigan alone to out sourcing that GOOD OLE BILL CLINTON, and Grant Holmes GAVE AWAY

re: Getting aroud the 'crackdown' on exec pay

R J Croker — Thu, 02 Oct 2008 13:26:11 GMT

Exec compensation, especially for those that fail/lose value/drastically under perform, and it's elimination, have the best chance of reform ONLY NOW,at this moment! Lawmakers,(our chosen) ask yourselves...who's your daddy?! Is it John & Jane Doe on mainstreet or Dow Jones of wallstreet! I've heard more than a few comments made about salary/compensation. 'Look at pro athletes'! Only a handful of pro athletes receive tremendous pay compared to the total number of pro athletes. GET it Straight! The thousands of companies' executives which have public/semi-public exposure in the wallstreet game need to be brought back into balance with John & Jane's reality on mainstreet. It, exec comp, trumpets a time when kings and lords ruled everyman. Today, at this moment of our American history, can't our 'chosen' representatives raise their ire to fever pitch and tell wallstreet 'no more'!!! No More un-fair / un-balanced / un-unfit rules meant to keep your workers paid as low as possible so that you can take home as much as possible!

When those from that street named WALL say, 'stockholders of a publicly traded company always have a say about their corporations boardmembers/executives pay', understand this..ONLY THOSE WHO HAVE MAJORITY CONTROL/AMOUNTS OF SHARES, either singularly or in consort with other large shareholders, WILL DETERMINE THEIR OWN COMPENSATION! NOW is the time for mainstreet to press our 'chosen' representatives to stand up for us!

re: Getting aroud the 'crackdown' on exec pay

cj — Thu, 02 Oct 2008 11:47:08 GMT

You can "change" the name and wrap it in glitter and it still is the same. Give to the rich and screw the little people.

It's a sugar coated bail out...NAY.

re: Getting aroud the 'crackdown' on exec pay

MG — Thu, 02 Oct 2008 06:43:34 GMT

The bailout is a final insult to taxpayers before Bush leaves office. The Presidential candidates talk about "Middle class"...there is no middle class; we went broke trying to support the rich, the poor, and illegal. Not only are these CEO's laughing at our stupidity but they are on multiple boards of other companies collecting salaries and stock options. The American Peole need to send a message loud and clear that this is not acceptable. We are a country divided and it's time for unity. We don't have any outstanding Presidential candidates and it will be four more long years.

"There is something wrong in America. We the People of These United States have no representation in Washington"

re: Getting aroud the 'crackdown' on exec pay

Fustrated in MI — Thu, 02 Oct 2008 01:54:39 GMT

Let the politicians and executives that made this mess, bail themselves out. I am tired of the government spending our taxes to make themselves and their friends rich. We pay our bills and no one bails us out if we fall behind. Let them come up with a plan that doesn't include any tax dollars, then I will support them.

re: Getting aroud the 'crackdown' on exec pay

Jesse Rodriguez — Thu, 02 Oct 2008 01:29:43 GMT

This is just another hand out to the rich because the trickle down economics that has been practiced over the last eight years will never reach the people that need it the most. This money will get sucked up by the banks, both here and abroad. It simply just buys a little time. I see that we are already in a recession...there's no doubt about it. We always seem to play right into the fear tactics and lies of politicians. When are we going to stand up and do something about it? The greatest threat to this world is the depletion of our resources and yet we just let this happen. If I were going to spend $700B, I would spend it on saving the environment, by stopping deforestation, cleaning the earth, and limiting our consumption of the resources. We have to learn how to live with less. We here in the US are the biggest hoarders of the resources. Dont you want to leave anything to future generations....your kids, grandkids and alike?

Get involved...join an evironmental group...buy from environmental friendly companies, and most of all voice your anger at your government representative.

re: Getting aroud the 'crackdown' on exec pay

coastiedad — Wed, 01 Oct 2008 23:45:28 GMT

Wouldn't it be great if the powers that be would read some of these blogs...They make a whole lot more sense than the 109 page "bailout" plan.....There are truly some great ideas found here.....That's our government take somthing simple and complicate the living crap out of it....

re: Getting aroud the 'crackdown' on exec pay

Lupe — Wed, 01 Oct 2008 22:23:32 GMT

Nothing new here. Bailout or no those who got us into this mess will eventually find a way to continue to circumvent whatever is passed, to and for their own purposes.

re: Getting aroud the 'crackdown' on exec pay

Bill — Wed, 01 Oct 2008 21:06:15 GMT

If someone robbed your house would you bring in the robber to help you plan the security so it couldn't happen again?