To: Clemenza
explain why the ratio of ceo salaries to hourly workers has exploded over the last thirty years? the "super rich" has not been re-investing their wealth in america and americans. dr samual huntington explores the theme of the super rich behaving as globalists (vs nationalists) in his latest book: "who are we".
To: thejokker
explain why the ratio of ceo salaries to hourly workers has exploded over the last thirty years? Easy. Because they get to decide how much money the companies pay various employees, including themselves.
COEs are employees with the combination to the safe. Just what do you expect them to do?
22 posted on
05/16/2006 9:28:07 AM PDT by
mc6809e
To: thejokker
the "super rich" has not been re-investing their wealth in america and americans. NO! they've just been stashing their billions under their mattress!
Investment takes many forms. Stocks, capital growth, bonds, even just leaving money in the bank.
24 posted on
05/16/2006 9:31:27 AM PDT by
Lunatic Fringe
(http://ntxsolutions.com)
To: thejokker
Oh PUH-LEEZE. You make it sound like those "fat cats" (I can picture the Thomas Nast Cartoon of the guy with the gold watch ) are "hoarding" their money without investing it! What do you think, they take their money and send all of it overseas or go home and roll around in it like Uncle Scrooge from the old Donald Duck cartoons?
Who's business is it how much a certain person makes? He who shoulders the most responsability gets the most compensation, and should be free to invest as he chooses. THAT is the American way, and always has been.
As for Huntington, he was once a great political scientist who has become a bitter old man.
30 posted on
05/16/2006 9:36:51 AM PDT by
Clemenza
(If you don't trust the government to buy your groceries, why trust it to educate your children?)
To: thejokker
the "super rich" has not been re-investing their wealth in america and americans. Unbelievable. Do you understand anything about productivity and the impact it has on our standard of living? Do you have any grasp of how capital is formed and how capital formation leads to innovation?
61 posted on
05/16/2006 10:19:24 AM PDT by
Mase
To: thejokker
I do heartily suggest that you learn some factual history, before you post again and prove that your tenuous grasp of things historical, is neither broad or deep.
In the late 1800s and most of the first 1/2 of the 20th century, CEOs etc., made far more money than their employees. For example, Marshall Field made $600.00 an HOUR, whilst his shop girls made $3.00 to $5.00 a WEEK! Wanna guess what such men as Pullman and Aster and Morgan and Rockefeller and Armour and Carnegie were making?
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson