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Post by iamjumbo on Jul 30, 2013 13:44:43 GMT
THAT is capitalism. an individual, or a couple of individuals, begin a business, and work their asses off making it prosper. obviously, the boss is, and should, make the most money. no one can complain about that.
it is the perversion of capitalism that is the problem. there are virtually no ceos of large corporations who began the business. bill gates is about the only one that i can think of offhand. there are no ceos who worked their way up through the ranks to become ceo. the overwhelming majority of the get the job because they got a harvard mba. they know absolutely NOTHING about the company. you have the imbecile who is proud of the fact that he has never set foot inside the manufacturing plant. the ceo can't even tell you what the corporation is selling, much less how it is made. yet, he is paid four hundred times as much for sitting on his dead ass, being nothing but a financial drain on the company, as those who actually do something constructive, and make a profit for the company. THAT is what is wrong with america
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♫anna♫
Global Moderator
Aug 18 2017 - Always In Our Hearts
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karma:
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Post by ♫anna♫ on Aug 9, 2013 3:48:23 GMT
THAT is capitalism. an individual, or a couple of individuals, begin a business, and work their asses off making it prosper. obviously, the boss is, and should, make the most money. no one can complain about that. it is the perversion of capitalism that is the problem. there are virtually no ceos of large corporations who began the business. bill gates is about the only one that i can think of offhand. there are no ceos who worked their way up through the ranks to become ceo. the overwhelming majority of the get the job because they got a harvard mba. they know absolutely NOTHING about the company. you have the imbecile who is proud of the fact that he has never set foot inside the manufacturing plant. the ceo can't even tell you what the corporation is selling, much less how it is made. yet, he is paid four hundred times as much for sitting on his dead ass, being nothing but a financial drain on the company, as those who actually do something constructive, and make a profit for the company. THAT is what is wrong with america Dearest jumbo! i certainly agree with you about these ceos! They often got a piece of paper from a university, but that doesn't prove they're assets!
The big problem with the US are the plutocrates running the federal reserve system. They just manipulate the economy and the rest of the nation to their own end and are accountable to no one!
The capitalists are much more of an asset than a liability!
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Post by Big Lin on Aug 9, 2013 21:09:27 GMT
It's the unaccountable shareholders who are the problem. In the old days (and still in most small businesses) the boss works and the workers work and he or she often earns LESS than his employees because he or she is trying to make the company work and feels a responsibility to his staff.
But shareholders are immoral parasites who are little better than pimps and who suck the life blood out of companies purely for their own enrichment and who contribute nothing.
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♫anna♫
Global Moderator
Aug 18 2017 - Always In Our Hearts
The Federal Reserve Act is the Betrayal of the American Revolution!
e x a l t | s m i t e
karma:
Posts: 11,769
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Post by ♫anna♫ on Aug 14, 2013 4:08:43 GMT
It's the unaccountable shareholders who are the problem. In the old days (and still in most small businesses) the boss works and the workers work and he or she often earns LESS than his employees because he or she is trying to make the company work and feels a responsibility to his staff. But shareholders are immoral parasites who are little better than pimps and who suck the life blood out of companies purely for their own enrichment and who contribute nothing. Of course ordinary share holders can sell their stock if the value falls and buy where they think it'll rise!
The primary share holders are more ruthless than ordinary share holders, which could theoretically be me, you or any of our members.
I really don't know if primary share holders can just sell their holdings, if they are losing money. I don't especially trust them either! They do have a say in how the company operates!
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Post by iamjumbo on Aug 15, 2013 21:07:41 GMT
It's the unaccountable shareholders who are the problem. In the old days (and still in most small businesses) the boss works and the workers work and he or she often earns LESS than his employees because he or she is trying to make the company work and feels a responsibility to his staff. But shareholders are immoral parasites who are little better than pimps and who suck the life blood out of companies purely for their own enrichment and who contribute nothing. and too many of them are just deadbeats who sit on their ass and do nothing but buy and sell stock, which certainly requires no intelligence
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