PT, thought you might like this cartoon
What the Pope was saying but the media will not report is that politicians should not pander to or prey on the poor, countries with high debt are doing a disservice to the poor, and welfare programs are not the answer to the problem of poverty
fairmon posted "CEOs and management are the most over paid, no human is worth what they are paid."
From an article written by Walter E. Williams in 2005
When Jack Welch became General Electric's CEO in 1981, the stock market judged the company to be worth about $14 billion. Through hiring and firing, buying and selling, Welch turned the company around before he retired in 2001. Today, GE is worth nearly $500 billion, making it one of the most valuable companies in the world. What's a CEO worth for providing the brains and leadership to turn a $14 billion corporation into one worth $500 billion? How about paying just a measly one-half of a percent of the increase in value? If that were the case, Welch's total compensation would have come to nearly $2.5 billion, instead of the few hundred million that he actually received.
The Gillette Co. was in the early stages of corporate death in 2001 when Jim Kilts took over as CEO. The company's stock had lost almost half of its value in two years, and sales volume and market shares of its major brands had plummeted. Between the time Kilts took over at Gillette and this year's Jan. 28 announcement of Procter & Gamble's purchase of Gillette, Gillette's market value increased by $11.3 billion, a 34 percent improvement, and since the announcement, Gillette's value has risen by another $5.7 billion.
Kilts' salary and bonuses over the past four years, totaling about $17.5 million, haven't been especially large by CEO standards. Predictably, however, Kilts' pay and particularly the size of his compensation package from the merger — $153 million — have been the subject of media carping, particularly in Boston, where Gillette is headquartered. This figure is indeed large, but it, added to what Gillette has paid him since 2001, makes Kilts' total compensation a mere 1.5 percent of his contribution to Gillette's value.
Here are a couple of questions to you: If you were the owner of GE, and a CEO could turn your $14 billion corporation into a $500 billion one, how much would you be willing to pay that man in salary and bonuses? Or, in the case of Jim Kilts, turning Gillette from a corporation in steep decline into one Procter & Gamble was willing to buy for $57 billion, how much would you be willing to pay?
Then, you might ask yourself: If a corporate board of directors could buy a $300 computer that could do what a CEO could do, would it pay CEOs millions of dollars? By the same token, if an NFL owner could hire a computer to make the decisions that star quarterbacks make, why would he pay some of these guys yearly compensation packages worth more than $10 million?
There's another important issue. If one company has an effective CEO, it is not the only company that would like to have him on the payroll. In order to keep him, the company must pay him enough so that he can't be lured elsewhere.
Iran has certainly become lovable Islamists, haven't they?
"This vicious temperament of dogs and pigs is you (Israel)," said Ayatollah Mohammad Imami Kashani, a member of the Assembly of Experts, the body that appoints the supreme leader, at Tehran's interim Friday prayer. "The Quran has marked on your foreheads that you will be humiliated. The Zionist officials are like animals, and truly as rogue thugs they do whatever they want, killing people, creating bloodshed and destroying whatever they want."
Kashani said at this week's Friday prayers sermon in Tehran that whenever Israeli Prime Minister Benjamin Netanyahu appears on television, "all of the world hates you. You are hated, humiliated and despicable and," the ayatollah added in a putrid insult to make to a Jew, "have been immersed in the flesh of rabid dogs and pigs."
Kashani also had harsh words for the Obama administration: "Nations of the world are the enemies of the Zionists and (America's support of Israel) will have you share the misery of the Zionists."
Kashani stated that uranium enrichment is Iran's right and that America, Britain and Israel lie when they say Iran wants the nuclear bomb.
A list of failed Obama Green Energy and Solar companies that were given billions of dollars from the government.
The government has no business trying to pick winners and losers and all of these companies should have been funded solely with private money and not public money.
PT, of course the media would destroy a tea party candidate they are deathly afraid of the TP just like the RINO's who are currently in office. Look at McCain, Graham, Boehner, McConnell they are fighting with TP and conservative members in their own party and are selling out to the liberals. The current GOP is nothing but a sell out and Jesse is right we can not take another term of democrats or a RINO if we want this country to survive.
Jesse the MSM favors Christie because he will be a bigger government more spending RINO like we had with Bush.
I agree we need a strong conservative in the WH and I would love to see a Calvin Coolidge type president.
PT and Jesse have a good night have to go.
Jesse, when the liberal media supports a republican for the nomination there is a reason for that. Like I said earlier they supported McCain and Romney as the nominees and the GOP lost both of those elections.
Read thelink below and you will see why the liberal media and DNC want Christie as the republican nominee. They will have a field day with this.
Jesse and PT, I believe Hillary will run, but she will have to cut all ties to Obama. Her philandering, disbarred, impeached liar of a husband Billy Jefferson (BJ) Clinton has already come out and publicly stated that Obama needs to fix the problem of people losing their insurance. This makes it look like Hillary cares about people. Of course we know how much Hillary really cares just ask the family members of the four Americans killed in Benghazi.
Speaking of Benghazi watch the Clintons place all of the blame on Obama and the media will carry her water for her.
Remember the media turned their back on Hillary in 2008 to get Obama elected they will now pay Hillary back by covering up all of her skeletons. They will vet her as well as they did Obama.
Jesse, speaking of Christie notice how the main stream media loves him? That should throw up a huge red flag as the media loved McCain and Romney as they knew these two would be the easiest opponents for the Democrats to beat.
Run as far away from Christie as you can, he is nothing but trouble and will guarantee a win for Hillary.
roo, in your 12:12pm post you blame all past injustices and environmental issues on conservatives and I was pointing out that is not true.
Regardless if you are democrat, Republican, liberal, conservative, Libertarian, moderate etc. we all want clean air and water and the vast majority of businesses do comply with EPA laws. As you probably know failure to comply can be crippling to a company.
Now there are some who believe the EPA has become to powerful and will possibly shut down companies and have a negative impact on our economy with doing very little if any improvement to the environment.
I believe one of the biggest differences between conservatives and liberals was best stated by Friedrich Von Hayek:
"There is all the difference in the world between treating people equally and attempting to make them equal."
Most liberal believe everyone should be equal,even if that takes away from individual sovereignty.
Liberals always fail to mention that President Nixon signed the National Environmental Policy Act of 1969 on Jan. 1, 1970 and the EPA was proposed by President Richard Nixon and began operation on December 2, 1970.
Nixon also signed The Clean Air Act Extension, into law and the Marine Mammal Protection Act and a few days later, he signed the Marine Protection, Research and Sanctuaries Act. He also signed the Endangered Species Act on Dec. 28, 1973
The Safe Drinking Water Act which was proposed by Nixon and passed by Congress in 1974 but actually signed by President Gerald Ford.
So you can thank a Republican President for the start of the EPA
Let’s look at the Civil Rights Movement. Eisenhower was responsible for getting the 1957 Civil Rights Act and the 1960 Civil Rights Act pushed through. Eisenhower also established the Civil Rights Commission. Remember it was Eisenhower, not Truman, who fully desegregated the military.
It was Eisenhower who sent to the Military to Central High School to allow the nine black students to attend school because the Democrat Governor Orval Faubus refused to follow the Supreme Court ruling in Brown v. Education.
After the Supreme Court ruling of Brown v. Board of Education 99 members of Congress signed the Southern Manifesto denouncing the court’s ruling in Brown. Ninety-seven were Democrats, two were Republicans.
In the 1950’s Democrats were against education of blacks and in 2013 this hasn’t changed. Earlier this year it was reported that 80% of New York City high school graduates lack the basic skills of reading writing and math to attend community college. In Detroit it is reported 47% of its residents were functionally illiterate.
The federal government along with liberals and teachers unions are taking full control of the education provided to children and their goal is to keep people from being free of government dependency.
This is why Eric Holder and his DOJ would not be taking schools to court to stop voucher programs, and Obama stopped funding of the DC voucher program when he first took office.
Remember what Melissa Harris-Perry, PhD said on MSNBC
“We have never invested as much in public education as we should have because we’ve always had kind of a private notion of children. Your kid is yours and totally your responsibility. We haven’t had a very collective notion that these are our children. So part of it is we have to break through our kind of private idea that kids belong to their parents or kids belong to their families and recognize that kids belong to whole communities. Once it’s everybody’s responsibility and not just the households, then we can start making better investments.”
Liberals despise individual freedom and don’t care about quality of education. They care about control.
Southern Manifesto - Wikipedia, the free encyclopedia