Posted on 12/12/2011 7:05:44 AM PST by Jeff Chandler
A surprising piece of news was buried in an article this week. Friday, The Mercury News reported the three top executives at Google, Larry Page, Sergey Brin and Eric Schmidt, are offering to pay $33 million to finish the restoration of the historic airship hangar at Moffett Field. The giant structure, built in the 1930s and called Hangar One, sits a few miles from the Googleplex and it’s well known the Google executives have special permission from NASA to park their jets at Moffett.
(Excerpt) Read more at techcrunch.com ...
Good for them.
sarcasm off....
Do a search on google for “do as I say not as I do” and up comes google.
And a cumulative IQ equal to that of a sea cucumber.
Those one-percenters! I’ll bet if the opportunity arose they’d make a $10,000 bet!
“Good for them.”
####
Indeed.
But having said that, their remuneration including the perks worthy of a sultan are certainly an issue between them, and their stockholders.
As a shareholder, I always vote against any measures affording executives ridiculous benefits and compensation.
Executive talent is one thing, but living off my dime, in over-the-top decadence, is quite another.
It’s OK, though, because they support communist advancement by donating to the “right” people and organizations.
They’re already on the “nomenklatura” list.
Don’t tell Obama’s Occupy thugs because they might try to do an Occupy Google op.
Google is untouchable (for now) in politics.
When they tell others how they should live, and give money to politicians to force us to live how they think we should live, then their personal and corporate lifestyle becomes a subject of public interest - and derision.
“Eight private jets a flying
Seven yachts a cruising....”
Most of the Google guy’s compensation is tied to performance through stocks.
I may not like their politics, but they are earning their money by creating a service the public is freely choosing in mass. If ‘living like a sultan’ is the choice they make off the reward of that, good for them.
OCCUPY GOOGLE!/s
OCCUPY GOOGLE!/s
Obama’s people.
The defense of the lavish compensation of top execs being used to whip up class resentment in this country is essentially based on the notion that this level of compensation is needed to attract the talent necessary to make the big decisions correctly.
In which case it shouldn’t be difficult to show that the higher the execs’ compensation the more successful the company. Yet I’ve never seen or heard of such a study.
Interesting factoid. In the US armed forces, the ratio of compensation between an entry level guy and the very top salary of a four-star is about 13:1. As opposed to ratios in the hundreds found at many large companies.
Which pretty much blows a hole in the notion that massive compensation packages are essential to attract and retain good decision makers.
Now obviously the military is unique. While I don’t want government to get involved in deciding how much individuals are worth on the free market, I think the question is entirely appropriate for discussion.
Just ran across an interesting article on the issue.
http://www.payscale.com/about.asp?pg=news&sub=blog&item=29
Good. That means they are employing people. Pilots, ground and maintenance crews, fuel handlers etc....
“oh, wait, they support Hussein....”
...which is why I USE THEM.....instead of the other way around.
http://www.scroogle.org/cgi-bin/scraper.htm
;-)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.