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RE: Income inequality - 12/28/2011 3:22:56 PM   
Musicmystery


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quote:

The Lib excuse for their own failure.


What's the Conservative excuse for theirs?

(in reply to MasterSlaveLA)
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RE: Income inequality - 12/28/2011 3:25:37 PM   
tazzygirl


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quote:

I must also disagree with you on the CEO’s getting exorbitant compensation packages and running their companies into the ground… It just does not happen and they keep their jobs.


I believe that may be a reference to the number of CEO's whose companies had to rely upon TARP funds to pull out of the brink and that even when those CEO's were terminated, they had golden parachutes to soften their landing.

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Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
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Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

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RE: Income inequality - 12/28/2011 3:27:25 PM   
mnottertail


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quote:

ORIGINAL: Musicmystery

quote:

The Lib excuse for their own failure.


What's the Conservative excuse for theirs?


This liberal media.   If you wasn't paying attention to it, you would know we won the war.

Everybody would be happy and employed and houses would keep going up.  Nobody would look around and say, boy, we owe alot of money that was an expensive binge......

_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


(in reply to Musicmystery)
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RE: Income inequality - 12/28/2011 3:39:22 PM   
DomKen


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From: Chicago, IL
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quote:

ORIGINAL: kdsub
I must also disagree with you on the CEO’s getting exorbitant compensation packages and running their companies into the ground… It just does not happen and they keep their jobs.

Did a bunch of Wall Street execs get fired this afternoon? If not that is a good example.

(in reply to kdsub)
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RE: Income inequality - 12/28/2011 3:43:05 PM   
Politesub53


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quote:

ORIGINAL: tazzygirl

quote:

And to the FP, there is no such thing as "income inequality" in the sense the question was asked.


quote:

So, what is "income inequality" to you and how do we take care of that issue? or do we?


Hmmm... there is no income inequality in the "sense" that it was asked about? What "sense" was that?



The sense that he finds the fact hard to deal with. Any table you look it shows a vast disparity on income over previous years, especially on wall street. Much of which was gained by fraudulent practices or knowingly misleading the customer in order to secure a lucrative commission.

For fraudulent think AIG Madoff and Enron,and for misleading customers think OTC derivatives and firms like Bankers Trust etc.

(in reply to tazzygirl)
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RE: Income inequality - 12/28/2011 3:44:45 PM   
Real0ne


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quote:

ORIGINAL: DomKen


quote:

ORIGINAL: kdsub
I must also disagree with you on the CEO’s getting exorbitant compensation packages and running their companies into the ground… It just does not happen and they keep their jobs.

Did a bunch of Wall Street execs get fired this afternoon? If not that is a good example.


he has done little to no research on the matter.  all wealth as in real wealth is locked up in the old aristocracies and those connected to them.

they make the laws.

this people will demand more wages is happy happy land.

prices NEVER go up, the value of money goes down.

That does not include value going up as a result of oil, or the creation of a business center.

prices never go up, people cannot for whatever reason figger that one out.

aint that right MM?  LMAO


_____________________________

"We the Borg" of the us imperialists....resistance is futile

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Yesterdays tinfoil is today's reality!

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RE: Income inequality - 12/28/2011 3:46:27 PM   
Politesub53


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Status: offline 		"I must also disagree with you on the CEO’s getting exorbitant compensation packages and running their companies into the ground… It just does not happen and they keep their jobs."

It happened in many of the companys that went skint, therefore the said CEO`s had no job to keep.

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Profile   Post #: 27
RE: Income inequality - 12/28/2011 3:48:39 PM   
Real0ne


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quote:

ORIGINAL: Politesub53


quote:

ORIGINAL: tazzygirl

quote:

And to the FP, there is no such thing as "income inequality" in the sense the question was asked.


quote:

So, what is "income inequality" to you and how do we take care of that issue? or do we?


Hmmm... there is no income inequality in the "sense" that it was asked about? What "sense" was that?



The sense that he finds the fact hard to deal with. Any table you look it shows a vast disparity on income over previous years, especially on wall street. Much of which was gained by fraudulent practices or knowingly misleading the customer in order to secure a lucrative commission.

For fraudulent think AIG Madoff and Enron,and for misleading customers think OTC derivatives and firms like Bankers Trust etc.


its not income per se that is the problem its income plus the ability to circumvent taxation.

then on top of that it is the ability for that taxation to actually do some good for the rest of the world.

if you research where that tax money goes beyond the simplicity of the pie charts you would be in for a nice surprise and much of it you will not trace.

one guy did and discovered through a court case that most local school taxes in florida went out of the country.  amazing.


_____________________________

"We the Borg" of the us imperialists....resistance is futile

Democracy; The 'People' voted on 'which' amendment?

Yesterdays tinfoil is today's reality!

"No man's life, liberty, or property is safe while the legislature is in session

(in reply to Politesub53)
Profile   Post #: 28
RE: Income inequality - 12/28/2011 3:50:08 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		Someone like Chainsaw Al, or the last 7 or more CEOs of GM don't give a shit if the companies they work for actually fail, although they dont like it to be pinned on them.

It ain't like they are going to be out on the street panhandling for toilet paper money, or formula and diapers spendable, they can handle a few bad years.



_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


(in reply to Politesub53)
Profile   Post #: 29
RE: Income inequality - 12/28/2011 3:50:27 PM   
provfivetine


Posts: 410
Joined: 2/17/2011
Status: offline 		Income inequality is the byproduct of diversity. No two people are exactly alike, and no two people have the same talents/skills/traits/etc - everyone is different. The market factors this in, along with the subjective preferences of the populace at whole.

This can explain why Albert Pujols will make more money in one at-bat than an entire village in Swaziland will make in a generation. Similarly, this can also explain why one artist/musician/writer gains international fame while another starves. There is income inequality when McDonalds hires one cashier at $8.50/hour while another cashier is hired at 9/hour.

Income equality is a byproduct of diversity and a part of life. Get used to it.

(in reply to Musicmystery)
Profile   Post #: 30
RE: Income inequality - 12/28/2011 3:50:30 PM   
Fellow


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quote:

Yet you don't state what it means to you.

I feel sorry about millions of people having no income at all, living in the streets. It is unnecessary evil. Also, I am worried and disgusted about the level of corruption we have reached today. People who have access to resources steal it "legally" massively. It will end badly for sure, everybody feels it intuitively within their guts. Personally, I do not need loads of money. 

(in reply to tazzygirl)
Profile   Post #: 31
RE: Income inequality - 12/28/2011 3:51:50 PM   
barelynangel


Posts: 6233
Status: offline 		To me, income inequality is simply another phrase to make people believe they are entitled to something, that they are missing out on something someone else has.  But in the end, this country is full of people who have gone from the poorest of the poor to being top CEO's of companies.  Opportunity in this country isn't gone, it simply that it's hard, it takes work, sacrifice and such.  MOST people don't want to be top CEOs becuase they don't want to put the blood sweat and tears into what it takes to be a TOP CEO, you know the small number who are getting all these bonus' and compensation packages.   There is a difference between TOP CEO's and most CEO's.  But people don't want to realize that. 

In this day and age where people are having a hard time finding jobs they have lost, it's easier to look at people who are TOP CEO's and say well i deserve some of that.  Umm no, you really don't.    That isn't to say that people don't deserve jobs.  But in the end, it's a competitive world out there, and this economy shows just how competative it is. 

I do wonder if anyone ever thinks that perhaps people of our country have grown soft wherein they have lost the competative drive and instead simply think average is okay?

To me, income inequality is having the same job as someone else and you not getting paid in the range of that job because you work for an employer who enjoys underpaying you for the work you perform.  

Income in this country is distributed as to the work you do.  Yes, sometimes it doesn't seem fair, but seriously, most people are incapable of ever ever remotely running a top corporation.  Do i agree the CEO should get bonus' and compensation packages that don't compare to those of their employees -- no.  But i do believe in contracts.  And most CEO's when they negotiate their salary, negotiate all of this and its this person's skills that allow him to negotiate same.   An average person has this ability -- however, most companies will only negotiate to a certain extent with the average employee unless and until that person's skills are so wanted by the company that average worker can set the negotiations.

I don't have the solution, but one thing i don't and never will agree with is governmental interference in the private sector,  Hell no.  Once they start regulating what people call and cry about TOP CEO's they will regulate every damn thing and personally, i enjoy being able to negotiate my salary and my perks and benefits because i am damn good at my job.

If i wanted to be one of the average people, i'd join a union where there is no individuality that is allowed to be seen by the company, unless its specifically written into the contract and my years in employment law has shown me most Unions are desperate for no individual recognition by companies of outstanding workers and acknowledge the suck ass workers. 

I believe this country has always been based on income distribution.  It was when we prospered and its pretty much the same now, it's just seen more because people are paying more attention to what they don't have and what others do.

I don't believe there is an easy solution because i believe that most Americans are competative by nature, and realizing the fix may be that everyone simply be average won't sit well with most.  Instead they will always be seeking to get ahead and biting at the bit that the regulations would place upon them.  It does mean that while it may benefit you now, it more than likely will bite you in the ass and hurt a lot more later.

While right now income distribution regulations for an "equality" concept sounds good, i think most people would not enjoy existing under same in the long run.  And if we do it to the wealthy or the TOP CEO's it damn well filter down to effect the average worker in average positions.

angel

_____________________________


What lies behind us and what lies before us are tiny matters compared to what lies within us.
R.W. Emerson


(in reply to mnottertail)
Profile   Post #: 32
RE: Income inequality - 12/28/2011 3:51:58 PM   
Musicmystery


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Joined: 3/14/2005
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quote:

Income inequality


What's wrong with income inequality? Do you propose we all make the same income?

Income disparity, growing between classes, is probably what you mean.

(in reply to tazzygirl)
Profile   Post #: 33
RE: Income inequality - 12/28/2011 3:52:53 PM   
Real0ne


Posts: 21189
Joined: 10/25/2004
Status: offline
quote:

ORIGINAL: Fellow

quote:

Yet you don't state what it means to you.

I feel sorry about millions of people having no income at all, living in the streets. It is unnecessary evil. Also, I am worried and disgusted about the level of corruption we have reached today. People who have access to resources steal it "legally" massively. It will end badly for sure, everybody feels it intuitively within their guts. Personally, I do not need loads of money. 



is that not what gubafia tax schemes do?  legally steal?

why would the peole under that gubbermint be the same way?


_____________________________

"We the Borg" of the us imperialists....resistance is futile

Democracy; The 'People' voted on 'which' amendment?

Yesterdays tinfoil is today's reality!

"No man's life, liberty, or property is safe while the legislature is in session

(in reply to Fellow)
Profile   Post #: 34
RE: Income inequality - 12/28/2011 3:53:59 PM   
Politesub53


Posts: 14862
Joined: 5/7/2007
Status: offline 		RO, if the following is true then firstly there would have been a major outcry and secondly you could supply a link.

"one guy did and discovered through a court case that most local school taxes in florida went out of the country. amazing."

Now that, would be amazing.

(in reply to Fellow)
Profile   Post #: 35
RE: Income inequality - 12/28/2011 3:55:32 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline
quote:

This can explain why Albert Pujols will make more money in one at-bat than an entire village in Swaziland will make in a generation. Similarly, this can also explain why one artist/musician/writer gains international fame while another starves. There is income inequality when McDonalds hires one cashier at $8.50/hour while another cashier is hired at 9/hour.

Income equality is a byproduct of diversity and a part of life. Get used to it.


I have no clue where Swaziland is, nor is it germane to the discussion.

But you have pointed out, succinctly, what I feared many may have thought when the term "income inequality" is used.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to provfivetine)
Profile   Post #: 36
RE: Income inequality - 12/28/2011 3:56:41 PM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline
quote:

ORIGINAL: Musicmystery

quote:

Income inequality


What's wrong with income inequality? Do you propose we all make the same income?

Income disparity, growing between classes, is probably what you mean.


Not at all, Master Tim, nor is that what is meant by the term as used in recent discussions about this issue.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to Musicmystery)
Profile   Post #: 37
RE: Income inequality - 12/28/2011 3:57:50 PM   
Politesub53


Posts: 14862
Joined: 5/7/2007
Status: offline 		It is odd how some people see theft by CEO`s as hard work. No one is moaning about entrapeneurs making money, and lots of it. This is to do with those stealing from companies by awarding each other massive pay deals.

It is akin to the drug dealers deciding how long each other goes to jail for.

(in reply to Politesub53)
Profile   Post #: 38
RE: Income inequality - 12/28/2011 3:59:58 PM   
Musicmystery


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Joined: 3/14/2005
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quote:

nor is that what is meant by the term as used in recent discussions about this issue


Then you'll have to enlighten me.

(in reply to tazzygirl)
Profile   Post #: 39
RE: Income inequality - 12/28/2011 4:01:06 PM   
Politesub53


Posts: 14862
Joined: 5/7/2007
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quote:

ORIGINAL: tazzygirl

I have no clue where Swaziland is, nor is it germane to the discussion.

But you have pointed out, succinctly, what I feared many may have thought when the term "income inequality" is used.



The Germanes are further north Tazzy.

Swaziland is beside South Africa

(in reply to tazzygirl)
Profile   Post #: 40
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