US Automaker CEO's could learn something from this guy.....

MothBalls · 11-25-08, 03:40 PM

I still say any corporation who accepts $1 or more in bailout money should have every executive salary and perk cut to a reasonable level. In some cases, a refund wouldn't be out of line.

Sailor Steve · 11-25-08, 03:48 PM

I'm with ya there. This guy knows how it should be done. I have to wince at the CEOs being raked over the coals by congressmen who vote their own pay raises, though.

AVGWarhawk · 11-25-08, 03:50 PM

I do not understand why the CEO get the big bucks. More often than not, the secretaries run the company.

bookworm_020 · 11-25-08, 04:33 PM

Glad to see some CEO's willing to be transperent is what they will do and receive in payouts when public money has been used to keep the company going

http://www.smh.com.au/news/world/und...491577063.html

There are plenty of other CEO's who could take a page or two out of his book!

UnderseaLcpl · 11-25-08, 06:07 PM

Quote:

Originally Posted by Sailor Steve

I'm with ya there. This guy knows how it should be done. I have to wince at the CEOs being raked over the coals by congressmen who vote their own pay raises, though.

I have to wince at CEO's talking to congress at all. The average American has enough trouble making prudent decisions in the political and business arenas without the leaders of either conspiring.

Call me crazy, but I'm pretty sure that no branch of government has, or was ever intended to have, the authority to pick winners in the free market. Doing so is tantamount to economic centralization.

With President-elect Barack Obama standing at the threshold of the U.S. executive branch, I've heard a lot of concern over bipartisian policies and how to overcome political dissent in the interests of the nation. It is my opinion that we should take a step back and ask ourselves why, exactly, any branch of the Federal government should be allowed to decide said policies in the first place. The only mandate they have to do so is borne form our complacency, and even if this administration, or the next or the next should succeed, what happens when the powers we have given them are inevitably abused?

Think about that, America, before you entrust your life to those who would do what is best for you.

11-25-08, 03:40 PM	#1
MothBalls Ace of the Deep Join Date: Aug 2006 Posts: 1,012 Downloads: 20 Uploads: 0	US Automaker CEO's could learn something from this guy..... I still say any corporation who accepts $1 or more in bailout money should have every executive salary and perk cut to a reasonable level. In some cases, a refund wouldn't be out of line.

11-25-08, 03:48 PM	#2
Sailor Steve Eternal Patrol Join Date: Nov 2002 Location: High in the mountains of Utah Posts: 50,369 Downloads: 745 Uploads: 249	I'm with ya there. This guy knows how it should be done. I have to wince at the CEOs being raked over the coals by congressmen who vote their own pay raises, though. __________________ “Never do anything you can't take back.” —Rocky Russo

11-25-08, 03:50 PM	#3
AVGWarhawk Lucky Jack Join Date: Jun 2005 Location: In a 1954 Buick. Posts: 28,253 Downloads: 90 Uploads: 0	I do not understand why the CEO get the big bucks. More often than not, the secretaries run the company. __________________ “You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road

11-25-08, 04:33 PM	#4
bookworm_020 Navy Seal Join Date: Aug 2005 Location: Sinking ships off the Australian coast Posts: 5,966 Downloads: 1 Uploads: 0	Glad to see some CEO's willing to be transperent is what they will do and receive in payouts when public money has been used to keep the company going http://www.smh.com.au/news/world/und...491577063.html There are plenty of other CEO's who could take a page or two out of his book! __________________ "There is always one person in any organization who knows whats going on, That person must be fired"