Comments on: Wall Street Insiders Whine Over Obama Executive Pay Limits: ‘$500,000 Is Not A Lot Of Money’ http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/ Thu, 26 Nov 2009 01:28:09 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: professorj http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5493994 professorj Mon, 09 Feb 2009 19:20:04 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5493994 <em>EugeneDebs Says: Think Truth Says: Would any of you do the job for free? Could you do the job? >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> You really are exceptionally stupid. Since when is HALF A MILLION DOLLARS A YEAR FREE????? What a braindead moron you are.</em> A company that deals with tens of thousands of employees, union, advertising, and Governments have the right to pay the people who have the expertise to handle those things what ever they want. I really tried to find something in the Constitution that allows the Executive branch the power to regulate private pay. Honestly, I couldn't find it. Not even if the Government gives that company money when they are in distress. It's not that it hasn't been done before. Nixon froze wages and prices. Carter also froze wages.(WIN) remember. But I just couldn't find it in the Constitution. Please would any of you Liberals find it for me. It's bugging the hell out of me. Also would one of you geniuses post just what an Executive Order is and what are the requirements for issuing one. EugeneDebs Says:

Think Truth Says:

Would any of you do the job for free? Could you do the job?
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

You really are exceptionally stupid. Since when is HALF A MILLION DOLLARS A YEAR FREE????? What a braindead moron you are.

A company that deals with tens of thousands of employees, union, advertising, and Governments have the right to pay the people who have the expertise to handle those things what ever they want.

I really tried to find something in the Constitution that allows the Executive branch the power to regulate private pay. Honestly, I couldn’t find it. Not even if the Government gives that company money when they are in distress.

It’s not that it hasn’t been done before. Nixon froze wages and prices. Carter also froze wages.(WIN) remember. But I just couldn’t find it in the Constitution.

Please would any of you Liberals find it for me. It’s bugging the hell out of me.

Also would one of you geniuses post just what an Executive Order is and what are the requirements for issuing one.

]]> By: professorj http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5493944 professorj Mon, 09 Feb 2009 19:12:11 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5493944 When a Company can't make a profit they lay off people. What is the biggest problem today? Unemployment. No profit, no company. No company, no jobs. It's a bit larger and more complex than that but judging from the comment that was made I doubt that you would understand it even if it was posted here. When a Company can’t make a profit they lay off people. What is the biggest problem today? Unemployment.

No profit, no company. No company, no jobs.

It’s a bit larger and more complex than that but judging from the comment that was made I doubt that you would understand it even if it was posted here.

]]> By: professorj http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5493914 professorj Mon, 09 Feb 2009 19:08:11 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5493914 <em>KRMS Says: I am a moderate conservative and sincerely applaud Obama for doing this. The Wall St. quacks and bank CEO’s have been making obsene amounts of money by extorting the working man in any clever way they can conjure up. People before profit! Kudos President Obama!</em> No profit no company. No Company no jobs. Obama has no power to enforce this move but no one seems to bring up that simple fact. It's for the Cameras and gullible people like you. All the while the Congress voted themselves a raise and their job hasn't been quite stellar either. Now that is your money. Do something about that. KRMS Says:

I am a moderate conservative and sincerely applaud Obama for doing this. The Wall St. quacks and bank CEO’s have been making obsene amounts of money by extorting the working man in any clever way they can conjure up.

People before profit! Kudos President Obama!

No profit no company. No Company no jobs. Obama has no power to enforce this move but no one seems to bring up that simple fact. It’s for the Cameras and gullible people like you.

All the while the Congress voted themselves a raise and their job hasn’t been quite stellar either. Now that is your money.
Do something about that.

]]> By: KRMS http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5485698 KRMS Fri, 06 Feb 2009 14:38:11 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5485698 I am a moderate conservative and sincerely applaud Obama for doing this. The Wall St. quacks and bank CEO's have been making obsene amounts of money by extorting the working man in any clever way they can conjure up. People before profit! Kudos President Obama! I am a moderate conservative and sincerely applaud Obama for doing this. The Wall St. quacks and bank CEO’s have been making obsene amounts of money by extorting the working man in any clever way they can conjure up.

People before profit! Kudos President Obama!

]]> By: EugeneDebs http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5484346 EugeneDebs Thu, 05 Feb 2009 22:31:07 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5484346 Think Truth Says: Would any of you do the job for free? Could you do the job? >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> You really are exceptionally stupid. Since when is HALF A MILLION DOLLARS A YEAR FREE????? What a braindead moron you are. Think Truth Says:

Would any of you do the job for free? Could you do the job?
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

You really are exceptionally stupid. Since when is HALF A MILLION DOLLARS A YEAR FREE????? What a braindead moron you are.

]]> By: EugeneDebs http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5484340 EugeneDebs Thu, 05 Feb 2009 22:29:28 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5484340 Drew you are just making the same old excuses why there is no alternative to giving the Rich everything they want. They took the bailout money they take the restrictions. YOU are just another shill saying we HAVE to give the rich all the money and hope for some crumbs down the road. Its ludicrous. The president DOES make less money than 500 grand what YOU are talking about is money they CAN make afterwards which is the same thing I said about the executives it is the same opportunity. IF they can show their genius and turn their institutions around paying off the loans THEN they can also make serious coin getting paid vast sums of money based on THEIR PERFORMANCE. That isnt too much to ask and I get sick of the claims we CANT expect them to live on such a paltry sum as more than ten times and median wage. If they DONT want to take the job and opportunity there are lots of smart people who can and will. We arent going to have to get people from McDonalds to take this deal. Drew you are just making the same old excuses why there is no alternative to giving the Rich everything they want. They took the bailout money they take the restrictions. YOU are just another shill saying we HAVE to give the rich all the money and hope for some crumbs down the road. Its ludicrous. The president DOES make less money than 500 grand what YOU are talking about is money they CAN make afterwards which is the same thing I said about the executives it is the same opportunity. IF they can show their genius and turn their institutions around paying off the loans THEN they can also make serious coin getting paid vast sums of money based on THEIR PERFORMANCE. That isnt too much to ask and I get sick of the claims we CANT expect them to live on such a paltry sum as more than ten times and median wage. If they DONT want to take the job and opportunity there are lots of smart people who can and will. We arent going to have to get people from McDonalds to take this deal.

]]> By: dbadass http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5484324 dbadass Thu, 05 Feb 2009 22:25:23 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5484324 albino racist pig-dogs! --- That is a super rare genotype... Is there a punnett square that might help explain this? albino racist pig-dogs!
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That is a super rare genotype… Is there a punnett square that might help explain this?

]]> By: tinkerer http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483810 tinkerer Thu, 05 Feb 2009 20:21:56 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483810 500K is greater than the President's Salary and it is a limit imposed only on the publicly funded banks and only for as long as the banks are publicly funded. All that are complaining are the same no-touch-with-reality airheads that found nothing wrong in doling out $18.4B of taxpayers money as bonus. Also, the provision that common stocks can be given as compensation but cannot be sold till the government loan is paid off is "<em><strong>exactly</strong></em>" what the executives want! They can get truckloads of these stocks at dirt cheap price and offload when the company announces it has paid off government loans -- an announcement that will surely send the price of the stock rocketing up. Check out my blog at http://tinkerthethinkers.wordpress.com to read why I believe Jack Welch and Rudy Giuliani and others like them have always been living in a bubble and only know putting their foot in their mouth to expose the fakes they are. 500K is greater than the President’s Salary and it is a limit imposed only on the publicly funded banks and only for as long as the banks are publicly funded.
All that are complaining are the same no-touch-with-reality airheads that found nothing wrong in doling out $18.4B of taxpayers money as bonus.

Also, the provision that common stocks can be given as compensation but cannot be sold till the government loan is paid off is “exactly” what the executives want! They can get truckloads of these stocks at dirt cheap price and offload when the company announces it has paid off government loans — an announcement that will surely send the price of the stock rocketing up.

Check out my blog at http://tinkerthethinkers.wordpress.com to read why I believe Jack Welch and Rudy Giuliani and others like them have always been living in a bubble and only know putting their foot in their mouth to expose the fakes they are.

]]> By: Think Truth http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483762 Think Truth Thu, 05 Feb 2009 20:07:12 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483762 Taking a cheap shot at a deserving Hispanic/Ladino/Hombre like Mr. A-Rod is just what conservative A-Holes do. You should be ashamed, albino racist pig-dogs! Taking a cheap shot at a deserving Hispanic/Ladino/Hombre like Mr. A-Rod is just what conservative A-Holes do. You should be ashamed, albino racist pig-dogs!

]]> By: The Republic of Stupidity http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483464 The Republic of Stupidity Thu, 05 Feb 2009 18:56:43 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483464 drew3rd Says: The A-Rods of the business world are just waiting for the government to get out of the way. Once they do, these Titans will solve these problems for the same reasons you flip burgers for a living. To get paid. _______ If I'm not mistaken, the "A-Rods of the business world" have had their chance to solve the these problems, and their batting average is just about as good as the Real A-Rod's... in the post-season. O for what, 30? drew3rd Says:

The A-Rods of the business world are just waiting for the government to get out of the way. Once they do, these Titans will solve these problems for the same reasons you flip burgers for a living. To get paid.
_______

If I’m not mistaken, the “A-Rods of the business world” have had their chance to solve the these problems, and their batting average is just about as good as the Real A-Rod’s… in the post-season. O for what, 30?

]]> By: drew3rd http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483460 drew3rd Thu, 05 Feb 2009 18:54:53 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483460 professorj I sure hope you are right. I'm with you, stop giving these fools money. As for the other posts, I don't care if the Titan is a one eyed, pigeon toed, buddhist from Sumatra. If they are interested in joining the economic fight, why would the government want to discourage them with crap pay. whether or not you like baseball, being a hater doesn't change the fact that A-Rod is the most coveted player in the world right now. If he deserves fair market value, doesn't my one eyed, pigeon toed, buddhist from Sumatra? Truthfully, I like them MORE than A-Rod. They will create economic stability where as A-Rod is just an entertainer. professorj I sure hope you are right. I’m with you, stop giving these fools money. As for the other posts, I don’t care if the Titan is a one eyed, pigeon toed, buddhist from Sumatra. If they are interested in joining the economic fight, why would the government want to discourage them with crap pay. whether or not you like baseball, being a hater doesn’t change the fact that A-Rod is the most coveted player in the world right now. If he deserves fair market value, doesn’t my one eyed, pigeon toed, buddhist from Sumatra? Truthfully, I like them MORE than A-Rod. They will create economic stability where as A-Rod is just an entertainer.

]]> By: professorj http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483402 professorj Thu, 05 Feb 2009 18:36:40 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483402 The Government has no business telling people what they can earn. It also has no business giving a private company bail out money. If you don't do one then you don't have to complain about the other. This comment was made by Obama to give his liberal Media friends something to talk about. He has no power to enforce this nonsense and he's all mouth. The Government has no business telling people what they can earn. It also has no business giving a private company bail out money. If you don’t do one then you don’t have to complain about the other.

This comment was made by Obama to give his liberal Media friends something to talk about. He has no power to enforce this nonsense and he’s all mouth.

]]> By: alpuz3 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483372 alpuz3 Thu, 05 Feb 2009 18:30:42 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483372 <blockquote>drew3rd says: Once they do, these <strong>Titans</strong> will solve these problems for the same reasons you flip burgers for a living. To get paid.</blockquote> yeah, that's it... that will work. I mean it has been working, right... drew? "Titans" you say? drew, that's quite a paragraph you posted up there with all the "A-Rods" and "Titan" talk. What say you just step away from the keyboard, go rent Gladiator, and call it a day.

drew3rd says:

Once they do, these Titans will solve these problems for the same reasons you flip burgers for a living. To get paid.

yeah, that’s it… that will work. I mean it has been working, right… drew? “Titans” you say?

drew, that’s quite a paragraph you posted up there with all the “A-Rods” and “Titan” talk. What say you just step away from the keyboard, go rent Gladiator, and call it a day.

]]> By: dbadass http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483294 dbadass Thu, 05 Feb 2009 18:08:56 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483294 It’s also true that NONE of them reside in Washington --- This is a bizarre and clearly unsupportable statement presented as if it was a fact. It’s also true that NONE of them reside in Washington
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This is a bizarre and clearly unsupportable statement presented as if it was a fact.

]]> By: dbadass http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483290 dbadass Thu, 05 Feb 2009 18:07:55 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483290 A-Rod who ever that is is worth 0. Isn't he a dude that plays a boring game I could care less about? Now about those banking gurus, Is it cool to give big dough to them if they are foreign nationals but because they are better at their "game" than the local boys should they not receive the highest pays? A-Rod who ever that is is worth 0. Isn’t he a dude that plays a boring game I could care less about?

Now about those banking gurus, Is it cool to give big dough to them if they are foreign nationals but because they are better at their “game” than the local boys should they not receive the highest pays?

]]> By: drew3rd http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483270 drew3rd Thu, 05 Feb 2009 18:03:36 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483270 One other thought. Why doesn't A-Rod play for 500K? Everyone talks about paying teachers cops and soldiers but no one will pay them 500K because so many will do it for 50K. There really are people who are smarter and better than everyone else. It's also true that NONE of them reside in Washington. It's often said that politics is Hollywood for ugly people. I say Washington is Harvard for stupid people. The reason A-Rod plays for 25 Mil per season is because that is what he's WORTH! The A-Rods of the business world are just waiting for the government to get out of the way. Once they do, these Titans will solve these problems for the same reasons you flip burgers for a living. To get paid. One other thought. Why doesn’t A-Rod play for 500K? Everyone talks about paying teachers cops and soldiers but no one will pay them 500K because so many will do it for 50K. There really are people who are smarter and better than everyone else. It’s also true that NONE of them reside in Washington. It’s often said that politics is Hollywood for ugly people. I say Washington is Harvard for stupid people. The reason A-Rod plays for 25 Mil per season is because that is what he’s WORTH! The A-Rods of the business world are just waiting for the government to get out of the way. Once they do, these Titans will solve these problems for the same reasons you flip burgers for a living. To get paid.

]]> By: drew3rd http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483242 drew3rd Thu, 05 Feb 2009 17:53:00 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483242 Craig Mack, thank you for your service. Being a soldier is no longer lucrative. If you want to make 500K a year you'll have to change careers. There are many that pay that much money but none of them are for running billion dollar multinationals. If you were offered 12 Mil to run an international bank or 500K to run an international bank, which job would you take? Thought so. We need good corporate leaders, and they are the vast majority of CEO's, to take over these banks and companies to buy them up or sell them off. The taxpayer shouldn't be a part of this process. Financial Titans will clean this up if government will stop interfering. Suppressing financial reward is a tremendous brake on this process. Craig Mack, thank you for your service. Being a soldier is no longer lucrative. If you want to make 500K a year you’ll have to change careers. There are many that pay that much money but none of them are for running billion dollar multinationals. If you were offered 12 Mil to run an international bank or 500K to run an international bank, which job would you take? Thought so. We need good corporate leaders, and they are the vast majority of CEO’s, to take over these banks and companies to buy them up or sell them off. The taxpayer shouldn’t be a part of this process. Financial Titans will clean this up if government will stop interfering. Suppressing financial reward is a tremendous brake on this process.

]]> By: Think Truth http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483236 Think Truth Thu, 05 Feb 2009 17:51:25 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483236 Would any of you do the job for free? Could you do the job? Would any of you do the job for free? Could you do the job?

]]> By: drew3rd http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5483222 drew3rd Thu, 05 Feb 2009 17:45:40 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5483222 Folks, the "taxpayer money" is gone! We don't give another freaking dime to any of these companies or banks. Once we stop that, good people will swoop in and clean up. Now, if you want to derail a natural phase of business, destruction, be my guest. It isn't the rich that are going to get hurt. BTW, the president makes less money? I thought we were all grownups here. Clinton, and now Obama, enriched himself from being president of the United States. Reagan, Bush 41 and the Shrub were wealthier in the private sector but don't act like you can't make serious coin as president and ex president. Folks, the “taxpayer money” is gone! We don’t give another freaking dime to any of these companies or banks. Once we stop that, good people will swoop in and clean up. Now, if you want to derail a natural phase of business, destruction, be my guest. It isn’t the rich that are going to get hurt. BTW, the president makes less money? I thought we were all grownups here. Clinton, and now Obama, enriched himself from being president of the United States. Reagan, Bush 41 and the Shrub were wealthier in the private sector but don’t act like you can’t make serious coin as president and ex president.

]]> By: RMcD http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/comment-page-5/#comment-5482872 RMcD Thu, 05 Feb 2009 14:48:41 +0000 http://thinkprogress.org/2009/02/04/wall-street-insiders-whine/#comment-5482872 Unfortunately, this comes a little too late - there are a lot of caveats. Only applies to NEW requests for funds, not prior ones, etc. When you read the fine print, there will not be very many, if any, folks restricted under the plan, so 1. the "smart" folks who are worried about their salaries going down didn't read the announcement very clearly, and 2. it is mostly just a PR giveaway. Sadly, even Obama's team is falling for the "they won't ask for money if they can't get big bucks" garbage. Fine - let them go out of business. I think a few of them should have been thrown to the wolves early on - it might have put a little fear into them. As it is, they know they just got the last of the Bush megabuck giveaways, and they are keeping up those lobbyists and donations to the Republicans so it stays that way. We need a few stockholder revolts against the guys who continue to "just want to make money." Let's pay them what the cancer curing folks make. Pennies. BTW, if they had distributed the TARP funds to each American adult citizen, we would have each ended up with about $295,000 after taxes. Would have replenished the treasury, solved the mortgage crisis and most folks would have had cash left over to save in a real bank on Main Street. Of course, most of us do not have lobbyists, so too bad, huh? Unfortunately, this comes a little too late – there are a lot of caveats. Only applies to NEW requests for funds, not prior ones, etc. When you read the fine print, there will not be very many, if any, folks restricted under the plan, so 1. the “smart” folks who are worried about their salaries going down didn’t read the announcement very clearly, and 2. it is mostly just a PR giveaway. Sadly, even Obama’s team is falling for the “they won’t ask for money if they can’t get big bucks” garbage. Fine – let them go out of business. I think a few of them should have been thrown to the wolves early on – it might have put a little fear into them. As it is, they know they just got the last of the Bush megabuck giveaways, and they are keeping up those lobbyists and donations to the Republicans so it stays that way. We need a few stockholder revolts against the guys who continue to “just want to make money.” Let’s pay them what the cancer curing folks make. Pennies. BTW, if they had distributed the TARP funds to each American adult citizen, we would have each ended up with about $295,000 after taxes. Would have replenished the treasury, solved the mortgage crisis and most folks would have had cash left over to save in a real bank on Main Street. Of course, most of us do not have lobbyists, so too bad, huh?

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