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-   -   Name what you would do to turn the economy around (http://www.derbytrail.com/forums/showthread.php?t=42619)

hoovesupsideyourhead 06-09-2011 04:37 PM

lil wayne should be forced to give byk his griiizile

Riot 06-09-2011 04:40 PM

Quote:

Originally Posted by Cannon Shell (Post 783045)
But the positions where one person has a huge responsibility have term limits yet Congress which is I believe 538 persons doesn't. Wouldn't the fact that a Congressman has but 1 vote out of 538 kind of police non responsible behavior? .

Good point about Congress and the dilution factor. The Presidency was limited to prevent the creation of a King, wasn't it?

wiphan 06-09-2011 05:01 PM

Quote:

Originally Posted by somerfrost (Post 783037)
So, anyone who disagrees with your political views should leave the US? Interesting! As I've stated before, nobody receiving a salary should make over a million, if you want more...start your own business, be creative and innovative and you can earn as much as you make...the American dream is related to being creative, creating jobs, new products and services...our economy is driven by such bold, creative folks, not those who are selected to be CEO's and other upper management folks or sports stars. This country stands for individual freedoms and fairness not getting rich sitting behind a desk reducing everything to dollars and cents or playing games.

No not my political views, but what the country actually stands for. Last I checked we live in a free country. If you start telling people what they can and can't make you are no longer living in our current country. You have no idea what it is like to be a CEO and what they have to do or give up in their life to do so. It is interesting to me that you think someone who is creative can make $, but a CEO who has the responsibility of employing hundreds of thousands of employees can't. So in your world it is perfectly ok for Mark Zuckerberg to make $13.5 billion, but Lebron James should be limited to $1 million. Makes perfect sense:zz:

somerfrost 06-09-2011 05:41 PM

Quote:

Originally Posted by Cannon Shell (Post 783053)
So if I start my own business you are going to limit what I can pay my employees?

The idea that CEO's simply fall into the positions that they are in is ludicrous.
The idea that all upper management people are over paid buffoons is silly
The idea that sports stars salaries matter to the economy is idiotic. As a matter of fact based on 98% of athletes spending habits they are the ultimate in economic stimulator's.
Fairness can come into play when people start getting off their asses, taking responsibility for their own situations and stop worrying about what someone else is making.

Charlie Finley lives...

Yes, if you are foolish enough to pay over a million a year. Not saying they are all baffoons, good ones should be compensated and would be at up to a million a year.

Danzig 06-09-2011 09:40 PM

Quote:

Originally Posted by Cannon Shell (Post 783024)
One rarely thinks of FEMA, CDC or FDA when we think Gov't intrusion

:tro:

dellinger63 06-09-2011 09:41 PM

Quote:

Originally Posted by somerfrost (Post 783037)
So, anyone who disagrees with your political views should leave the US? Interesting! As I've stated before, nobody receiving a salary should make over a million, if you want more...start your own business, be creative and innovative and you can earn as much as you make...the American dream is related to being creative, creating jobs, new products and services...our economy is driven by such bold, creative folks, not those who are selected to be CEO's and other upper management folks or sports stars. This country stands for individual freedoms and fairness not getting rich sitting behind a desk reducing everything to dollars and cents or playing games.

Halas, Steinbrenner, Davis, Johnson, DiBartolo, McCaskey, Reinsdorf, Cuban et al would have loved you!

Of course a bunch of players would have hated you. But screw the worker! :zz:

Danzig 06-09-2011 09:43 PM

Quote:

Originally Posted by Riot (Post 783060)
Good point about Congress and the dilution factor. The Presidency was limited to prevent the creation of a King, wasn't it?

term limits were put in place because it was felt that since the first president served two terms, that was plenty enough for every president after. thank goodness for george washington; it's amazing the different ideas that were put forth at the time of the beginnings of our govt.
interesting to read tho that pols were already accusing the opposition of attempting to destory the country. some things never change.

Danzig 06-09-2011 09:45 PM

Quote:

Originally Posted by somerfrost (Post 783074)
Yes, if you are foolish enough to pay over a million a year. Not saying they are all baffoons, good ones should be compensated and would be at up to a million a year.

why a million? surely people could live on half that? or a quarter of that. i think you're being far too generous. the national average is 50k. i think we should limit top incomes to 100k. yep, that's a good round number.

dellinger63 06-09-2011 09:57 PM

Quote:

Originally Posted by Danzig (Post 783157)
why a million? surely people could live on half that? or a quarter of that. i think you're being far too generous. the national average is 50k. i think we should limit top incomes to 100k. yep, that's a good round number.

send the rest to enemy countries and we can be friends with the world!

Cannon Shell 06-10-2011 08:10 PM

Quote:

Originally Posted by somerfrost (Post 783074)
Yes, if you are foolish enough to pay over a million a year. Not saying they are all baffoons, good ones should be compensated and would be at up to a million a year.

So if I have a really great business and my chief executive is a integral part of its success, and say we had profits of...250 million dollars... He shouldn't be rewarded? I get to keep it?

So if I buy an NFL team for $300 million and get lucky enough to draft a Tom Brady who leads my team to Super bowls and increases the value of the team to say 1 billion dollars, I shouldn't be allowed to pay him more than $999,999?

I'm glad that you are the arbitrator of all salaries in the US and have decided that 1 million is the cut off point. You effectively want to place the entire country under a nationwide salary cap? I just hope I qualify for the mid level exception...

Coach Pants 06-10-2011 08:36 PM

I would limit the owner of a business to two million profit a year and take the rest to fund wars and our excessive cocaine habit...










cause lets face it...only coke heads can f.uck s.hit up this bad.

Danzig 06-10-2011 09:05 PM

Quote:

Originally Posted by Cannon Shell (Post 783399)
So if I have a really great business and my chief executive is a integral part of its success, and say we had profits of...250 million dollars... He shouldn't be rewarded? I get to keep it?

So if I buy an NFL team for $300 million and get lucky enough to draft a Tom Brady who leads my team to Super bowls and increases the value of the team to say 1 billion dollars, I shouldn't be allowed to pay him more than $999,999?

I'm glad that you are the arbitrator of all salaries in the US and have decided that 1 million is the cut off point. You effectively want to place the entire country under a nationwide salary cap? I just hope I qualify for the mid level exception...

no, silly....by not paying your big guy so much, you have more to pay the low level workers. duh :D

somerfrost 06-11-2011 11:47 AM

Quote:

Originally Posted by Danzig (Post 783436)
no, silly....by not paying your big guy so much, you have more to pay the low level workers. duh :D

Trickle down has been proven not to work. The problem, I freely admit, is to find a way to deal with the super rich, excessive salaries is a first step...yes, I think a million a year is plenty for anyone. As I said, if you create jobs, start a new business, or create meaningful innovation, there would be no limit to profits. This concept will never gain popularity in my lifetime, or the lifetimes of my kids and grandkids...maybe someday.

Danzig 06-11-2011 12:06 PM

Quote:

Originally Posted by somerfrost (Post 783553)
Trickle down has been proven not to work. The problem, I freely admit, is to find a way to deal with the super rich, excessive salaries is a first step...yes, I think a million a year is plenty for anyone. As I said, if you create jobs, start a new business, or create meaningful innovation, there would be no limit to profits. This concept will never gain popularity in my lifetime, or the lifetimes of my kids and grandkids...maybe someday.

you say on one hand no limit to profits, while on the other talking about limiting salaries. you say trickle down doesn't work-so exactly what would be the point of limiting top salaries? all that money wouldn't go elsewhere, so i don't get why you're suggesting it!
like i said, the tax breaks should be to those with money who provide jobs to those who need them. not tax breaks for shelters to grow the wealth, which sits there-or pays for the likes of paris hilton. the rich are those with the means to provide jobs-the trick is to entice them to do so. cutting top salaries isn't how to do it-it's encouraging higher bottom salaries, and more of them. tax breaks for providing benefits, encouraging more employment-not making it more sensible to work the employees you have 80 hours a week to avoid paying ss, workmens comp, and other costs of hiring. it shouldnt be cheaper to pay overtime rather than to hire more, but it is. besides, i'd imagine those top salaries include stock options-start giving some of those to your employees-paying a bit more to those you have makes them happier, and more productive. congress needs to rethink job creation, and taxes.

somerfrost 06-11-2011 12:47 PM

Quote:

Originally Posted by Danzig (Post 783555)
you say on one hand no limit to profits, while on the other talking about limiting salaries. you say trickle down doesn't work-so exactly what would be the point of limiting top salaries? all that money wouldn't go elsewhere, so i don't get why you're suggesting it!
like i said, the tax breaks should be to those with money who provide jobs to those who need them. not tax breaks for shelters to grow the wealth, which sits there-or pays for the likes of paris hilton. the rich are those with the means to provide jobs-the trick is to entice them to do so. cutting top salaries isn't how to do it-it's encouraging higher bottom salaries, and more of them. tax breaks for providing benefits, encouraging more employment-not making it more sensible to work the employees you have 80 hours a week to avoid paying ss, workmens comp, and other costs of hiring. it shouldnt be cheaper to pay overtime rather than to hire more, but it is. besides, i'd imagine those top salaries include stock options-start giving some of those to your employees-paying a bit more to those you have makes them happier, and more productive. congress needs to rethink job creation, and taxes.

I agree! Limiting top salaries is just the first step, the trick is having those savings go toward a more equatable salary structure (I mentioned increases in salaries for those involved in direct care for example). I'm not smart enough to figure out the best way to do that but merely limiting top salaries is not the total answer. Somehow, we must entice the super rich to "spread the wealth" and I have no idea how we do that unless we tax all income over a set figure at 100% which has drawbacks as well. In a capitalistic society limiting wealth effects job creation, innovation and risk taking...we don't want to do that, at the same time we want to reduce the ever growing gap between the rich and the rest of society....I see a sane salary structure as but the first step.

Cannon Shell 06-11-2011 06:25 PM

Quote:

Originally Posted by somerfrost (Post 783553)
Trickle down has been proven not to work. The problem, I freely admit, is to find a way to deal with the super rich, excessive salaries is a first step...yes, I think a million a year is plenty for anyone. As I said, if you create jobs, start a new business, or create meaningful innovation, there would be no limit to profits. This concept will never gain popularity in my lifetime, or the lifetimes of my kids and grandkids...maybe someday.

You realize that the "super rich" usually dont work for someone else?

Cannon Shell 06-11-2011 06:31 PM

Quote:

Originally Posted by somerfrost (Post 783571)
I agree! Limiting top salaries is just the first step, the trick is having those savings go toward a more equatable salary structure (I mentioned increases in salaries for those involved in direct care for example). I'm not smart enough to figure out the best way to do that but merely limiting top salaries is not the total answer. Somehow, we must entice the super rich to "spread the wealth" and I have no idea how we do that unless we tax all income over a set figure at 100% which has drawbacks as well. In a capitalistic society limiting wealth effects job creation, innovation and risk taking...we don't want to do that, at the same time we want to reduce the ever growing gap between the rich and the rest of society....I see a sane salary structure as but the first step.

"Spread the wealth" is un-American. Make something of yourself and stop whining about what others make. The Govt doesn't belong in the "fairness" business because it most certainly isn't fair.

Coach Pants 06-11-2011 07:56 PM

You tell 'em, Chuck.

Survival of the fittest.

somerfrost 06-11-2011 08:15 PM

Quote:

Originally Posted by Cannon Shell (Post 783683)
You realize that the "super rich" usually dont work for someone else?

And that is why I have no idea how to go about reducing the distance between the rich and the rest of us.

SCUDSBROTHER 06-11-2011 08:59 PM

Quote:

Originally Posted by somerfrost (Post 782967)
No, I love this country and will remain here, thank you! As I said, don't know the effect on economy but think it's a good idea. There would be exceptions of course for income derived for innovations, sale of businesses etc. But I strongly believe no person deserves a yearly income of over a million for running big businesses or playing sports.


That's way too low. There needs to be the right mix of both Capitalism, and Socialism. Conservatives hate Socialism until you mess with their Medicare, or a twister tears their shyt up....... The emphasis in this country has been on getting rich, and we've been willing to give our jobs away to people (in other countries) in order for rich people to keep making tons of money (off poor people.) We've finally come to the point where that has caught up with us. There aren't enough jobs here, and it's because we've given our jobs away to other countries. One of the reasons we would ever do such a thing is because we have a lack of concern for fellow citizens. Part of the reason for that is because we don't give value to American Citizenship. That's a huge mistake. The 1st thing I'd do is to treat our borders, immigration, and healthcare the way most other industrialized countries do it. We are paying about 7k a year per person for healthcare, and they pay roughly 4k. If we value citizenship rights, jobs for Americans, and the health of fellow citizens, then, we can start cleaning this up. You can't just give jobs away to people in other countries (because they will do it for almost nothing,) and then bring the products here to sell. O.K., we've tried that. We don't have enough people working anymore to buy those products. I can guarantee you the solution to most of our problems lies in giving more respect to citizenship rights of Americans. People need to know exactly what they belong to. They don't right now. We keep giving the club memberships out, and wonder why people don't care about fellow club members..duh. Put Americans 1st. Do that, and people will care a lot more about their country. That will lead to a better economy. We can't keep worrying about every stray from every culture that overproduces beyond their means. That's a problem they need to come to terms with. Our culture has specific problems that need to be dealt with, and that starts with giving citizens something definite to belong to. If we want to solve our problems, we have to care about us a lot more than we do now.


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