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Re: Wealth Distribution

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Message 71 of 87
oceanedge2 posted...


Elizabeth Warren has a plan to save capitalism

She’s unveiling a bill to make corporate governance great again.


=================================================

She wants to dictate how much a CEO can make...there is a word for that its called SOCIALISM.

The fact of the matter is that many corporations CEO's are over paid but like I have posted in the past ...take the pay of a CEO and divide that by the number of employees that company has.

GM CEO Mary Barra..a nice lady is paid 28 million a year...way to much ...GM has 180,000 employees. If she took her pay and gave it to the employees each employee would get $155.56.

Ms Warren, like many on the radical left seem to want to do away with our economic system.

Shareholders....that would be many in the middle class...either outright, in a retirement plan or a mutual fund.


Senator Elizabeth Warren fights for middle- and working-class Americans. But she's part of the Top 1%. Warren, the Harvard bankruptcy law professor elected to the Senate in 2012, is worth between $3.7 million and $10 million.Jan 8, 2015

Hard to see how Warren wouldn't be, by most standards, wealthy, according to the Personal Financial Disclosure form she filed to run for Senate shows that she's worth as much as $14.5 million.Jan 30, 2012

Ms Warren is as two faced as one can be!




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Re: Wealth Distribution

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Message 72 of 87

@rk9152 wrote:

@ManicProgressive wrote:

@Roxanna35 wrote:

Gee Soosie and who do you blame for those things happening inour country?


Apparently George W Bush. 


Nah, check with scout. it was the Reagan tax cuts that ended the assembly line.


(Shrugging).  It's a 2002 political cartoon making fun of GWB when he announced his signing the Sarbanes-Oxley Act into law, an anti-corporate corruption bill that followed in the wake of Enron, etc.    The same Enron that financed much of GWB's gubernatorial campaigns, and CEO Ken Lay was instrumental in influencing energy policy while GWB was president. 

 

So....we could work hard for our money......or we could use our family connections.    

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Re: Wealth Distribution

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Message 73 of 87

@umbarch64 wrote:

Administrative policy is supposed to be in conformance with the law and the Constitution.  Right now, it isn't.  That's a truth.

 


Anything else important regarding the subjects on this forum?  Let's hear 'em.

 

 


Okay, hear this one.  I keep seeing you post things like this that are generalities, make little sense and are certainly not based in fact.  So let's try a little truth.  Tell us what administration policy is not in conformance with the law and Constitution.

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Re: Wealth Distribution

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Message 74 of 87

@oceanedge2 wrote:

@afisher wrote:

   I will be the bubble burster of the moment:

 


Elizabeth Warren has a plan to save capitalism

She’s unveiling a bill to make corporate governance great again.

Elizabeth Warren has a big idea that challenges how the Democratic Party thinks about solving the problem of inequality.

Instead of advocating for expensive new social programs like free college or health care, she’s introducing a bill Wednesday, the Accountable Capitalism Act, that would redistribute trillions of dollars from rich executives and shareholders to the middle class — without costing a dime.

https://www.vox.com/2018/8/15/17683022/elizabeth-warren-accountable-capitalism-corporations


Well, a few Dems have stepped out of the closet. But I wonder how many are willing to make the move.

 

 

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Re: Wealth Distribution

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Message 75 of 87

November 2016 is almost 2 years in the past.  That's a truth.

 

Today we deal with the consequences of what happened then, but they are past and irrelevant to any corrections we now find necessary.  That's a truth.

 

Hillary won the popular vote, 'the donald' won the electoral college vote. That makes 'the donald' POTUS No. 45.  Before 2021 that has to change, or what we now see will almost certainly get worse....all of it.  That's a truth.

 

Between now and 2020, some effective restraint on 'the donald' and those who find him useful is essential.  The first real opportunity to do that is November 6, 2018 at the voting polls, not the opinion polls.  That's a truth. 

 

Couda, Woulda, Shouda counts for zip.  For any political persuasion. At any point in time, the past is best learned from, then left behind.  Dwelling on it is pointless....even foolish.  That's a truth.

 

Legislation ends up on POTUS' desk, it doesn't start there.  Credit...and blame....is due where it belongs.  Not to the loudest braggert or critic, claiming to know.  That's a truth.

 

Administrative policy is supposed to be in conformance with the law and the Constitution.  Right now, it isn't.  That's a truth.

 

Everyone here is personally responsible for real and unintended consequences of what they do or don't.  That's a truth.

 

Anything else important regarding the subjects on this forum?  Let's hear 'em.

 

 

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Re: Wealth Distribution

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Message 76 of 87

@Roxanna35 wrote:


It is amazing to see your words Tx, for the guy that thought that Bernie Sanders was going to save the US 


That is an on-going theme of your posts to me.   I could reply that it's amazing to read your posts about Trump from the the person who was urging everyone to vote for Trump in the Republican primaries.  Mostly because your theme was that Hillary could beat him in the National Elections.

 

But to the contrary anyone informed would know that Hillary was the only one Trump could defeat.

The mistake a lot of politicians make is forgetting
they've been appointed but thinking they've been anointed.
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Re: Wealth Distribution

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Message 77 of 87

@afisher wrote:

   I will be the bubble burster of the moment:

 


 

No, no, I will be the bubble burster of the moment. 

 

Just for openers, anybody who thinks employers don't want to keep employees happy is an idiot. 

 

According to an NPR article, there's a lot more to the lack of wage growth than meets the eye.   Wages, like everything else, is based on supply and demand.  Since we are nearing full employment and wages have not increased significantly, economists began to wonder why today's high demand for workers hasn't translated into bigger increases in pay.  Researcher at the Fed and elsewhere concluded that it's due to a number of reasons that are actually good news.

1.  Many baby boomers are retiring creating openings for younger workers.  But because they are less experienced they get paid less initially.

2.  Employers are spending more on benefits and rewards outside of pay, e.g. healthcare costs are much more.  (Thank you, Obama.)  

3.  In 2012 the top reason people changed jobs was more pay.  Today it is "culture and purpose."  As one researcher said, "What we're seeing is that employees say, 'What I get out of working is not just a paycheck anymore." Consequently, employers are adding benefits like on-site health care, or adding more vacation, more paid time off, and increased retirement benefits to attract and retain employees.

4.  This has led to overall employee compensation growing faster than wages.

5.  One researcher concluded, "There's a changing balance of what drives an employee to move to a new organization, and sometimes it's not always pay."

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Re: Wealth Distribution

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Message 78 of 87

Or We could work hard and earn a good living.

 

Or you could hire lobbyists and Super PACs and let them work hard for you.

 

 

lobbyists6.jpg

 

 

 

 

 

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Re: Wealth Distribution

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Message 79 of 87

@TxGrandpa2 wrote:

@oceanedge2 wrote:

 


Elizabeth Warren has a plan to save capitalism

She’s unveiling a bill to make corporate governance great again.

Elizabeth Warren has a big idea that challenges how the Democratic Party thinks about solving the problem of inequality.

Instead of advocating for expensive new social programs like free college or health care, she’s introducing a bill Wednesday, the Accountable Capitalism Act, that would redistribute trillions of dollars from rich executives and shareholders to the middle class — without costing a dime.

https://www.vox.com/2018/8/15/17683022/elizabeth-warren-accountable-capitalism-corporations


Sounds a lot like Karl Marx and Communism.


It is amazing to see your words Tx, for the guy that thought that Bernie Sanders was going to save the US 

no name
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Re: Wealth Distribution

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Message 80 of 87

@oceanedge2 wrote:

 


Elizabeth Warren has a plan to save capitalism

She’s unveiling a bill to make corporate governance great again.

Elizabeth Warren has a big idea that challenges how the Democratic Party thinks about solving the problem of inequality.

Instead of advocating for expensive new social programs like free college or health care, she’s introducing a bill Wednesday, the Accountable Capitalism Act, that would redistribute trillions of dollars from rich executives and shareholders to the middle class — without costing a dime.

https://www.vox.com/2018/8/15/17683022/elizabeth-warren-accountable-capitalism-corporations


Sounds a lot like Karl Marx and Communism.

The mistake a lot of politicians make is forgetting
they've been appointed but thinking they've been anointed.
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