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Thread: Gov't getting involved... again
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November 21st, 2008, 09:27 AM #1
Gov't getting involved... again
http://www.foxbusiness.com/story/mar...ve-pay-debate/
I agree CEO Compensation is outrageous as are the "golden parachutes". However once again (and as always) GOV'T REGULATION IS NOT THE ANSWER! CEO's are hired by the stock holders who own the company. If the stock holder is willing to shell out the cash and take the loss associated with a poor leader then so be it.
Next it will be capping the amount a VP can make and then lets cap the profit allowed to be made, anything else goes to the gov't to ensure all the companies that aren't making money can have some...The first vehicles normally on the scene of a crime are ambulances and police cruisers. If you are armed you have a chance to decide who gets transported in which vehicle, if you are not armed then that decision is made for you.
Be prepared, because someone else already is and no one knows their intent except them.
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