Showing posts with label CEO Salaries. Show all posts
Showing posts with label CEO Salaries. Show all posts

Tuesday, August 11, 2015

Socialism Defined

Socialism is defined as an economic theory, system or movement where the production and distribution of goods is done, owned and shared by the citizens of a society.

We have socialism when it comes to the corporations and banks and that would not be so bad if the banks and corporations were forced to play by the rules. They don't because of the Golden Rule and the Golden Rule states: The guys with the gold make the rules but they need not follow those rules.  

Socialism can work and work well. 




Socialism is not a political system. It is an economic system just as capitalism is not a political system but rather an economic system. Neither system will serve the people unless there is representative government that reflects the will of the people. We don't have that. That said, under a socialist economy there will be a more equitable distribution of wealth. That would lead to more power to the people.





The US political system has been called a plutocracy and it was a plutocracy but today the rich don't simply rule; now they steal and the steal with immunity. America is now a kleptocracy. We still have capitalism but it is vulture capitalism. 

Under socialism there would be a more equitable distribution of wealth. CEO's boards of directors and all other corporate officers will get paid what they are worth unlike Carly Firoina who nearly destroyed Hewlitt Packard. Workers would have the power to fire CEOs and be on boards of directors. 

MORE THEFT!



Americans are working harder than ever but their wages don't reflect that. Rand Paul is telling American to work even harder. What a fucking asshole. Anyone who tells you that hard work pays off is full of shit. That may have been true at one time but it is not true now. 







As you can see CEOs in America make obscene salaries and that's is not counting their other compensation. If you think this is fair, you are someone I would goad into a fight and I'd put your evil ass in a coma.  

To any right wing asshole reading this; before you call someone a socialist learn what socialism is. Otherwise STFU.

RELATED: The Black Lives Matter Plants At Bernie Sander Rallys



Those ignorant loud mouthed whores who have been staling and disrupting Sander's message are most likely unwitting plants controlled by the RNC. Republican dirty tricks are nothing new. Sanders handled it well by being gracious and their puerile plan backfired. 

In the above video a Sanders supporter exposes the idiocy of the ludicrous and ill fated Black Lives Matter movement. Please take the time to hear what this man has to say about those rude, crude and crazy women.

Monday, September 8, 2014

Wealth Gap Getting Worse

Fat Bastardo's Op Ed: If you read the article below you will see how the criminal elite filthy rich are not only fucking America and Americans, they are eventually going to fuck themselves. When you tell some low life corporate gangster to go fuck himself the fact is he already is fucking himself. Now maybe he should just eat shit and die.

BOSTON (Reuters) - The widening gap between America's wealthiest and its middle and lower classes is "unsustainable", but is unlikely to improve any time soon, according to a Harvard Business School study released on Monday.
The study, titled "An Economy Doing Half its Job", said American companies - particularly big ones - were showing some signs of recovering their competitive edge on the world stage since the financial crisis, but that workers would likely keep struggling to demand better pay and benefits.
"We argue that such a divergence is unsustainable," according to the report, which was based on a survey of 1,947 of Harvard Business School alumni around the globe, and which highlighted problems with the U.S. education system, transport infrastructure, and the effectiveness of the political system.
Some 47 percent of respondents in the survey said that over the next three years they expected U.S. companies to be both less competitive internationally and less able to pay higher wages and benefits, versus 33 percent who thought the opposite.
The results marked an improvement from a 2012 Harvard Business School survey of its alumni showing 58 percent of respondents expecting a decline in U.S. competitiveness, according to the survey.
But Harvard wrote, respondents of the 2014 survey "were much more hopeful about the future competitive success of America's firms than they were about the future pay of America's workers."
Harvard called on corporate leaders to help solve America's wealth gap by working to buttress the kindergarten-to-12th-grade education system, skills-training programs, and transportation infrastructure, among other things.
"Shortsighted executives may be satisfied with an American economy whose firms win in global markets without lifting U.S. living standards. But any leader with a long view understands that business has a profound stake in the prosperity of the average American," according to the report.
"Thriving citizens become more productive employees, more willing consumers, and stronger supporters of pro-business policies," it said. "Struggling citizens are disgruntled at work, frugal at the cash register, and anti-business at the ballot box."

Wednesday, April 10, 2013

The Biggest Fattest Pigs CEO Salaries

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The average American CEO make over 475 times more in pay than the average worker. Some make even more. http://finance.yahoo.com/news/billionaire-ceos-biggest-paychecks-102111147.html

Last month FORBES released its 27th annual Billionaires list, boasting 1,426 names with a record aggregate net worth of $5.4 trillion. Of those, 442 hail from the U.S., more than any other country by a wide margin.

Nearly 10% of these are CEO’s of publicly traded companies in the U.S. While these folks clearly don’t need paychecks, and often take home a salary of just $1, some are well compensated nevertheless.


To learn which of those U.S.-based billionaire CEOs bring home the biggest paychecks, we scoured the list and dug through dozens of SEC filings.

[More from Forbes: 2013’s Notable Billionaire Newcomers]

Daniel Och, the 52-year-old chief executive of Och-Ziff Capital Management Group, is No. 2 on our billionaire payday list. His base salary? Zilch. Bonus? Nil. Och’s pay of $288.6 million last year was comprised of vested shares and other compensation.

Rounding out the top three is Starbucks CEO Howard Schultz.
The 59-year-old Brooklyn native worth $1.7 billion bought Starbucks in 1987 for $3.8 million and took it public five years later. In 2012 Schultz took home $4 million in base pay and bonus, but also realized $113.5 million from exercised stock options and vested stock awards.

Schultz wasn’t the only billionaire executive to award himself a sizable bonus.

No. 5 Ralph Lauren banked a $19.5 million bonus last year, in addition to $1.3 million in base pay and $264,023 in other compensation. The 73-year-old fashion tycoon also realized $17.8 million from exercised stock options and vested stock awards.

To calculate each chief executive’s total compensation for the fiscal year, Forbes counted salary and cash bonuses; other compensation, such as vested stock grants; and stock gains, the value realized by exercised stock options. We count compensation when it turns into cash or marketable stock; we do not include the value of options until the executive exercises them.

We collected the latest available compensation figures reported in companies proxies filed by April 5, 2013. Here are the top 5:

http://vz.iminent.com/vz/e5f42b00-17e7-4911-bcfe-7d9b28b6f261/2/crazy-laughing-pig.gif 1. Richard Kinder 
Compensation: $1.1 billion
Net Worth: $9.8 billion

Kinder Morgan's CEO pays himself just $1 a year and he has never received a bonus, stock options or restricted stock grants. Yet he raked in $1.1 billion in 2012, making him the highest paid CEO in the U.S., due to stock gains he realized from shares he received at the time Kinder went private in 2006.

http://vz.iminent.com/vz/e5f42b00-17e7-4911-bcfe-7d9b28b6f261/2/crazy-laughing-pig.gif 2. Daniel S. Och
Compensation: $289 million
Net worth: $2.9 bilion

The CEO of publicly traded hedge fund Och-Ziff got $288 million in vested stock.

http://vz.iminent.com/vz/e5f42b00-17e7-4911-bcfe-7d9b28b6f261/2/crazy-laughing-pig.gif 3. Richard Kinder
Compensation: $118 million
Net worth: $1.7 billion

Starbucks chief was paid $1.5 million in salary and $2.3 billion bonus but the bulk of his compensation came from exercising $103 million worth of stock options and receiving another $10 million worth of vested shares.

http://vz.iminent.com/vz/e5f42b00-17e7-4911-bcfe-7d9b28b6f261/2/crazy-laughing-pig.gif 4. Leslie Wexner
Compensation: $58 million
Net worth: $4.6 billion

The head of L Brands was paid $1.9 million in salary along with a bonus of $4.9 million. He added to his total compensation with $32 million in stock options and another $18.7 million in vested shares.

http://vz.iminent.com/vz/e5f42b00-17e7-4911-bcfe-7d9b28b6f261/2/crazy-laughing-pig.gif 5. Ralph Lauren
Compensation: $39 million
Net worth: $6.9 billion

Chairman and CEO of Ralph Lauren paid himself a salary $1.2 million and $19.5 million bonus. In addition, he exercised stock options worth $5.2 million and received $12.4 million worth of vested shares.

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