Posted on 09/13/2015 4:20:08 PM PDT by South40
it’s pretty obvious that the love-of-money directs most politicians and crony capitalists. basically they are one unified collective grasping for despotic power over the rest of us.
He’s on the side of the people. Seems to be fighting against both big government and big business.
I’m good with it.
Occupy Wall Street has come to FR. Learn to adapt.
Absolutely. It is the concern of anybody BUT the government.
Something I can agree with. Are you feeling okay?
It most surely is when candidates are funded and sitting congressmen and woman are owned by such groups with the funding they provide in order to obtain the needed laws and loopholes to perpetuate the fleecing ....no interest of the government...what are YOU thinking?
Wrong. Trump owns his companies, and built them himself. CEOs are hired hands. And he's right, these people sit on each other's boards and approve each other's salaries. All to often they don't give a damn about the long term for the company and shareholders, let alone the employees. They just want a short term bump in the price so they can cash in their stock options. The easiest way to do that is fire people and move operations outside the country.
Don’t introduce facts where Trump worship is involved.
Get big government out of everybody’s business and the businesses will take care of themselves.
Government IS the enemy.
You knew that figure off the top of your head? Where did it come from?
Government (president's) medling in business is Big Government.
Trump, a real estate mogul who has said he plans to use his net worth of $8.7 billion to fund his White House campaign
Once he’s BOUGHT the White House does he OWN IT?..
Can he say get off my lawn and mean it?..
Can he play propaganda louder then his neighbors?.
WHat rent will he charge America..
WHen he builds “the WALL” will he OWN IT and sublet it?..
Is the Military Industrial Complex For TRUMP or against him?..
Lots of questions once you’ve purchased America..
It’s like he is a modern day version of Charles Foster Kane.
Average CEO pay hits $10.5 million among publicly traded companies
The Associated Press
May 27, 2014
They’re the $10 million men and women. Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press/Equilar pay study.
Last year was the fourth straight that CEO compensation rose following a decline during the Great Recession. The median CEO pay package climbed more than 50 percent over that stretch. A chief executive now makes about 257 times the average worker’s salary, up sharply from 181 times in 2009.
The best paid CEO last year led an oilfield-services company. The highest paid female CEO was Carol Meyrowitz of discount retail giant TJX, owner of TJ Maxx and Marshall’s. And the head of Monster Beverage got a monster of a raise. ..." (continues)
See the top 10 list here:
http://www.nola.com/business/index.ssf/2014/05/2013_ceo_pay.html
I’ve worked at investment banks that have treated me very well, until all the graphics departments were sent to India. Thank goodness they sucked so badly that a number of jobs came back.
When Wasserstein took Lazard public and gave us not ONE share in my department, it killed morale.
He died young of a heart attack. That was too bad.
How about limiting athlete’s, actor’s, and musician’s, pay and endorsements. The logical extension of his argument would be to also limit the profits that entrepreneurs can make. This is just populist marxist crap. Trump says the sky is green and the grass is blue and his lemmings cheer him on.
Do you hear any of the dwarfs bringing up this issue?
That's right. Be reasonable, South...become absorbed.
Blessed be the body!
Get the BLM & EPA out of the way!
“...the United States has become dangerously dependent on imports of raw materials that are needed to keep our economy moving. U.S. manufacturers are now more than 40 percent dependent on imports of many commodity and rare earth metals. For example, import reliance on gallium is at 94 percent, cobalt and titanium 81 percent, chromium 56 percent, silicon 44 percent and nickel 43 percent. These minerals are critical for defense and energy technologies and many high-tech consumer products.
While the nation’s overall economy grew only 1.7 percent last year, the manufacturing sector of U.S. industrial production increased at almost three times that rate, rising 4.7 percent.Consider nickel, which is needed in the manufacture of stainless steel and electricity storage batteries, among other things. Oregon has the only U.S. mine producing nickel. Almost all of the domestic nickel comes from recycling alloys containing nickel. Now, thanks to a $100-million-plus investment by Rio Tinto, the Eagle nickel mine in Michigan’s Upper Peninsula is expected to open in 2014, producing 16,000 tons of nickel and 10,000 tons of copper.
Rio Tinto’s investment is a promising and important start toward mineral security for U.S. manufacturers.
But we are also heavily dependent on foreign countries for 19 minerals, mainly rare earth minerals. Few of us are familiar with rare earth minerals, such as neodymium, samarium and dysprosium, but they are crucial in the manufacture of jet fighter engines, antimissile defense systems, night vision goggles and smart bombs, among other advanced military systems. And they have many other high-tech applications — computers, cell phones and flat-panel televisions, for example. Additionally, they are essential to petroleum refining, automotive catalytic converters, wind turbines and electric vehicles. Fortunately, a rare earth mine in California is now producing some minerals. But it alone can’t meet the fast-growing demand for the metals.
This foreign dependency presents a conundrum for policymakers, because unlike the 12-member multinational OPEC cartel that supplies much of our oil, the foreign production of rare earth minerals is concentrated almost entirely in a single country with its own rising industrial demand: China.
China’s leverage on the global market for rare earth minerals has unnerved many of its neighbors and trading partners: American manufacturers — including many in Michigan — are understandably worried about supply disruptions like the one in 2007 when China halted shipments of rare earth metals to a U.S. petroleum refining company for so long that it led to concerns that the cutoff might cause a nationwide gasoline shortage. In 2010, following a skirmish over fishing rights in the East China Sea, China cut off shipments of certain rare earth minerals to Japan.
And our industries pay a steep price for China’s near monopoly position on many critical resources. Costs soared two years ago after China reduced its export quotas for the minerals. For example, the price of lanthanium oxide, a mineral used in refining petroleum, rose from $5 per kilogram in early 2010 to $35 per kilogram by mid-year and $140 per kilogram in June 2011. Such market power, if not addressed soon and effectively, could harm the U.S. economy and national security.
North American rare earth deposits could produce more than double the amount U.S. industries use today and enough to allow self-sufficiency even as the demand for rare earth metals continues to grow.To ensure reliable access to critical minerals, the U.S. government needs to alter its domestic policies so that our country can become more self-reliant and prevent the export of production and jobs overseas. We could produce more of our commodity and rare earth minerals here at home if not for a cumbersome permitting process that requires redundant reviews at federal and state levels, often by multiple agencies. In fact, it now takes five to 10 years to obtain a mining permit.
An estimated 13 percent of the world’s rare earth reserves are in the United States, mainly on government land in the Western states that’s overseen by the Bureau of Land Management. By one estimate, North American rare earth deposits could produce more than double the amount U.S. industries use today and enough to allow self-sufficiency even as the demand for rare earth metals continues to grow.
Today, by controlling much of the rare-earth mineral production, China is able to place U.S. industries at a disadvantage. Predictably, this has forced a number of U.S. manufacturers that are heavily dependent on rare earth minerals to move their operations to China, driving production and jobs abroad.”
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