[justshutupandtakeit]

I am speaking of advanced capitalist countries such as Japan, Germany, France, the Netherlands etc. not Togo or the Central African Empire. Those capitalist countries are not all the same but none allow the looting of public corporations by executives like America does.

American stockholders are suckers. Almost every one of these bloodsuckers could be replaced and NO ONE would notice any difference in the companies' performance. Enron and World Com executives wallowed in their ill gotten loot right up to the moment their companies went over the cliff.

[DensaMensa]

} American stockholders are suckers.

Oh, I do agree with that. Most are quite uninformed about their investments and have no business investing in stocks.

But I don't agree that executive salaries are "obscene". They are openly negotiated in a free enterprise environment. No one is forced to do anything. Would you want government bureaucrats determining what are "fair" salaries?

Do you also think some sports figures are movie stars salaries are "obscene"?

[3Lean]

"none allow the looting of public corporations by executives like America does"

These are not public corporations. They are private entities owned by a group of the general public. Amtrak and the US Postal Service are public corporations.

What business is it of anyone other than the stockholders how much the CEO makes?

Should the stockholders pay attention? Absolutely
Should the stockholders raise heck? Absolutely
Can the stockholders remove their investments? Absolutely

What is the problem????

[DensaMensa]

}...advanced capitalist countries such as Japan, Germany, France, the Netherlands etc. not Togo or the Central African Empire.

Excluding Japan, what do these "advanced counntries" have in common?

ANSWER: None of these "advanced" countries supported Free Enterprise American in the Gulf.