Posted on 06/10/2008 5:17:40 AM PDT by BloodOrFreedom
Is moron McCain going to regulate his wife’s income?
Yeah, this guy is a republican alright...
I can't believe this.
More populist left leaning bullspit from Johnny Mac ... since the race is essentially voting for or against the messiah, I have to keep asking myself why bother?
I’m not in favor of regulating CEO pay, but I am in favor or requiring stockholders to approve top management pay. The only reason why it’s so high to begin with is that the management is able to feather their own nests, and get away with it because of the loopholes and imperfections in corporate democracy.
We expressly do NOT have a right to be offended by what others own.
" You shall not covet your neighbor's house; you shall not covet your neighbor's wife or his male servant or his female servant or his ox or his donkey or anything that belongs to your neighbor."
Why should the Feds regulate how much money a person can make?
I don’t actually think he said “regulate CEO pay” but rather investigate Enron-like situations. That’s how I took it.
I like McCain’s Tax Proposals, I’m a bit dubious about the CEO pay “regulation”.
I don’t have a problem with shareholder approval being required for a large CEO compensation package, after all, it is the shareholders money that is being spent.
How that system would work in practice is another ballgame, that is where I don’t think it would work in practice.
Regulating the pay of CEOs, nets you nothing.
All you get is an inferior grade of CEO, who may not provide the best management available. And the corporation that is failing, does not yield the tax revenue of one that is expanding and growing.
The board of directors, given a free hand, will drum out the inferior CEO pretty quickly, if the corporate goals are not being met. The high rate of remuneration is an effort to attract the best there is.
None of his or the gooberment’s business.
Yea, come November, we’re screwed one way or the other.
Who do the CEO’s work for? Are they neighbors or servants to the Stockholders?
It’s quite simple: our courts have failed many times to stop legislation that is clearly unconstitutional. If they had upheld their end of the bargain, we wouldn’t be in this fix.
“Regulating the pay of CEOs, nets you nothing.”
Besides that, it’s none of the government’s businees.
Drop in the bucket. Global companies have super monopolies that are insurmountable to anyone at this point.
More socialism from the “republican” candidate.
The Board of Directors have not been drumming out underperforming CEO’s, in fact, they have been subsidizing them with pay raises.
When Denardo left Home Depot after it had lost much of it’s value, he was handed a 20 million dollar door prize only to be hired by Chrysler Motors.
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