Kristol can be pretty good at times
We know that this is ALL about statists and statism. And the ONE is in bed with them whether they are progressives on the left or not.
Why aren’t they screaming about Julia Roberts making $20 MILLION for ONE stinking MOVIE???
(no offense, Julia - just using you for an example)
Hollywood is FULL of numbskulls making HUUUUUUUUUGE money for ‘acting’ in the crap it turns out for us. Why does nobody care about THEIR ‘obscene’ profits???
And this, coming from the obama administration... Hey barack, just exactly how did YOU become a millionaire back in Chicago, huh??? -From community ORGANIZING? Please explain THAT one??
"IF".... <- Bill Crystal is delusionary..
Kristol lost ‘it’ a long time ago. Just like the ‘cluck’ Klugman, ignore. Trying to reason with a fool and soon no one will know who is who or what is what.
‘I know both those guys; they are very savvy businessmen,’
How the &*&*&% would he know? He’s never run a thing...this is like a homeless guy endorsing a real estate agent...”oh yeah, he’s good”...gimme a break.
Without these huge bonuses and large salaries to tax, they will have to come after the rest of us. Never mind, that, the consumer is paying these taxes through the products that the company produces.
Both parties are the parties of Big Business. Conservatives are against Big Government, Big Labor, Big Business; especially when these interests triangulate to circumvent our Republic and limit our freedoms.
This confirms the suspicion that we now live in a world of crony capitalism...
That is right. You donate to the DNC, like Goldmine Sachs, etc., then you get big bonuses of taxpayer money.
on the one hand, i don’t want laws taxing bonuses or “excessively high levels of pay” (anything more than I make of course) but it has got me to thinking that, while we can this CEO is “worth it” according to the market, but is the market for such “labor” at all rigged, even partially? I bet there are 10 other people who would be willing to be investment bankers and compete , maybe splitting that 7 mil bonus, and “settling” for 700k,
Does the government regulation effectively blunt competition such that more of these companies can not come into existence and drive salaries to a more reasonable level? In my own field, start up costs and regulation are daunting; once heard my CEO admit that big companies like regulation because a big company can comply more easily and the regs definitely constitute a barrier to entry