2013-05-11, 20:59 | Link #1041 | |
=^^=
Join Date: Aug 2007
Location: 42° 10' N (Latitude) 87° 33' W (Longitude)
Age: 45
|
Quote:
The Salary Cap. By imposing a salary cap, the market actually becomes more competitive. This is proven. Sure, those at the executive levels... they deserve their pay. However, it can also become so excessive, such that it becomes a threat to the country. A reasonable limit is something to be considered. What should that number be? A number to factor with the average income rate. Somewhere between 100 to 200 times sounds reasonable.
__________________
|
|
2013-05-11, 23:31 | Link #1042 | ||
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
|
Quote:
Quote:
An engineer forces progress by pushing frontiers, while a finances consultant squeezes dry the explored areas so ensure that there is no wastage. Nobody is wrong because their way of thinking put society on a roll by solving problems. Though at this time and age where the world is in an economic bind and the dead bodies started to float, both parties should find a common ground instead of bickering about whose way of solving problems is right. It'd be total bigotry to assume that one is always so. By the way, I was a finance-degree leaver, insurance agent, and now I am a computer engineer - the reason why most companies fall apart is because the finance department is technically incompetent, and the technical department is financially aloof. They are always looking for reasons not to work together simply because they can't agree.
__________________
|
||
2013-05-12, 02:07 | Link #1043 |
Obey the Darkly Cute ...
Author
Join Date: Dec 2005
Location: On the whole, I'd rather be in Kyoto ...
Age: 66
|
One is also working from the theory of incorporation and I'm looking at it from watching practical case studies over many corporations from many levels. I just laugh when someone earnestly asserts nonsense about fiduciary responsibilities of the executive management. Sure there are some "good guys" but most of the time - the land of Dilbert is an optimistic view of the sort of crap I've seen. "Corporation" is broken. It can be fixed but that involves spotlights and external accountability and controls that doesn't reward behavior that damages the company, the shareholders, the employees ... the guys who gave us the 1850s, the 1890s, the 1930s, and now this decade are simply at it again.
__________________
|
2013-05-12, 02:17 | Link #1044 | |
Nyaaan~~
Join Date: Feb 2006
Age: 40
|
Quote:
I have seen my fair share of financial destruction and armageddon from financial mismanagement due to incompetent leaders. I have seen corporate board cronies of all stripes. I have seen management get incentive bonuses and golden parachutes even when companies have filed for creditor protection and they are literally fighting for a pot of the residual proceeds that would otherwise go to employees and shareholders. I have seen the "beast" as it were. All of that .. and I still cannot agree with your comment above. It is so far "out there" and laced with, from my perspective, disdain or vitriol .. that I cannot even begin to respond to it. As I have met the "worst" of management out there, I have also met the best -- and they are to be admired (albeit unlikely to do business with me).
__________________
|
|
2013-05-12, 02:24 | Link #1045 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
|
Quote:
#1-What is it exactly you cannot agree with and why. #2-As emotional as it sounds to you, how can it be more "logical" from your perspective? Remember, nobody likes being called names and left hanging. Being an investment banker yourself, you have the experience which promulgated your views so far. We don't, so we need you to explain and elaborate because we do not have first-hand with inner-circles of the various "robber-barons". Wall of text or not, I am sure old-man will read, as jaded as he is against bankers, he isn't completely unreasonable. Besides both of you have probably agreed that more regulation is required. But what kind of regulation to benefit all points of the holy trinity of employer, employee and government?
__________________
|
|
2013-05-12, 02:30 | Link #1046 |
Nyaaan~~
Join Date: Feb 2006
Age: 40
|
^ Well, I'm the one that's trying to understand -- you say I'm calling someone names .. but I'm actually not. I have not and I will not. I'm tip-toeing because I'm trying to figure out whether it is possible for me to engage in a discussion when the words that immediately come to mind are "robber barons" and people laugh at the idea of fiduciary responsibilities. When the premise is deemed to be absurd, then a conversation cannot even begin, because there is no common ground.
So from my perspective, I'm trying to figure out where the emotional response is coming from in the first place, it's like talking about any debate and someone coming out and flat out making a statement: "The entire situation is wrong and utterly unfixable and nothing you can say is credible"
__________________
|
2013-05-12, 02:32 | Link #1048 | |
I disagree with you all.
Join Date: Dec 2005
|
Quote:
You work for rich investors - fair enough. Most people do not have millions to invest in various financial products, though. And while they profit from being able to buy really cheap socks, they lose a lot more from not having a job. The country as a whole also loses from high unemployment and income inequality. I don't know what the global effect is. But people generally don't care. They look out for number one. So you can't blame them for looking at you as the enemy. After all, you are. |
|
2013-05-12, 02:33 | Link #1049 | |
Banned
Join Date: Nov 2010
Location: Dai Korai Teikoku
|
Quote:
|
|
2013-05-12, 02:40 | Link #1050 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
|
Quote:
As an observer with at least 1 year each of working in both engineering and finance, that is what you are sounding like. Maybe it is the unemotional phrasing and sentence construction that makes others perceive that you are arrogant and authoritative (in a way of "that is the way the world is, get used to it"). If you think that the person is coming out and flat-out making a statement: "The entire situation is wrong and utterly unfixable and nothing you can say is credible.", take a look back at the three portions of this insinuation : 1. The other party sees something wrong with the situation. Do both of you have a common understanding of what is exactly wrong? 2. The other party thinks it is unfixable. Why does he think so? 3. Nothing you can say is credible. What have I said that is unreasonable? These are the three questions you can pose to Vexx. Right now, both parties each has their own perception of what is wrong, but my intuition tells me that there is an utterly complex sequence lost somewhere in each person's POV that is rather, if not entirely similar.
__________________
|
|
2013-05-12, 02:41 | Link #1051 | |
Nyaaan~~
Join Date: Feb 2006
Age: 40
|
Quote:
I do not work for rich investors. My post was to highlight that pension funds that invest retirement savings for "mom & pop" are those that are approving of these corporate actions. That individuals buying into mutual funds, even if they are just investing their 401Ks, are primarily looking out for their "#1" which is themselves. There are precious few people, even amongst the retired working class, that would say: "Yes, it will take a chunk out of my retirement savings, but please operate in the U.S. and run up higher labour costs!"
__________________
|
|
2013-05-12, 02:45 | Link #1052 | |
blinded by blood
Author
|
Quote:
__________________
|
|
2013-05-12, 02:46 | Link #1053 | ||
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
|
Quote:
Next reply please. Quote:
I think willx would probably say how some CEOs screw up in that juggling act and came to him for advice.
__________________
|
||
2013-05-12, 02:53 | Link #1054 | |
Gamilas Falls
Join Date: Feb 2008
Location: Republic of California
Age: 46
|
Quote:
First they would ask why it would cost them anything, and then ask why the higher labour cost would effect them if shipping costs and profit seem to bloat the pocket books (from their point of view). I know a lot of people that want all industry to be in the US. They will actively not buy things from other countries unless they can't avoid it. Usually specifically not buying Chinese goods, and when viable avoiding other counties products when there is an alterative (cars for example). They would prefer industry here to support our own economy and by having the workforce here, the workers gain income and because we use income tax, the government makes more money as well. And for places that use sales tax, the people that now have money, will spend, netting those governments (state, county, city) moeny as well.
__________________
|
|
2013-05-12, 02:54 | Link #1055 | |
Nyaaan~~
Join Date: Feb 2006
Age: 40
|
Quote:
One was also so incredibly fat, that whenever you sat beside him, you were constantly worried about whether he would reach over and eat you. For additional context, I work with senior executives of firms in numerous industries as well as senior accountants, lawyers, industry experts and sometimes get exposure to the odd politician, official or minister. I have also worked with IT and management consultants from both big and small consulting firms. Some of my best friends are lawyers, doctors, consultants, engineers -- but also people from a broad subsection of society -- such as unemployed political activist, IT helpdesk managers, someone that works in the forensics office, a cartoonist, an art manager, someone that started a design firm. I am not a millionaire, I grew up as a poor immigrant living in the worst part of town and my earliest memories are living out of a single room with both my parents. (I'm not a greedy white fat robber baron)
__________________
|
|
2013-05-12, 02:56 | Link #1056 | |
I disagree with you all.
Join Date: Dec 2005
|
Quote:
Last edited by Anh_Minh; 2013-05-12 at 03:12. |
|
2013-05-12, 02:59 | Link #1058 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
|
Quote:
Don't worry about anyone here no understanding the technicalities. We can either ask or use Google. Lolis. Recent trends point to that due to the low birth rate in Japan being compounded by economic fear due to Abenomics, the production of Japanese lolis will decrease in the next decade, resulting in a possible price spike for the pure and innocent ones. Given the possible desperation of the markets, people who desire lolis may seek Korean alternatives or bratty hafus. There might be some recognition of value in fujoshis as well. *runs*
__________________
|
|
Thread Tools | |
|
|