Oh. I figured you were smart enough to grok that I was just trying to bait our GA Birther into a hissy fit. Give him/her credit for not taking the bait.

Although generally speaking, and seriously, just for your own benefit, I think the term “working people” as used by my left-wing brothers & sisters generally encompasses white-collar professionals who aren’t upper management but might be in as high as, say, the bottom of the the upper quintile of incomes. Not always, but sometimes.

Of course sometimes the term means precisely what you hear it to mean, as it was typically used in the 30s–blue collar factory, perhaps hired rural help?

Gotta run. Later.

I suspect you buy into that principle by using that term.

I’m not sure when I did that, but, whatever. I guess you hear the term “working people” and Marxist alarm bells go off or somethin’.

Do people who work with their head work any less than those who work with their hands? Do they put in less hours?

I’ll go one step further. If you had a company that was expected to lost $500 million dollars in the next year, and brought on a new CEO who then did such great work that your company only lost $100 million, with expectations that you’d be making money in the next 2 years, wouldn’t that CEO be worth $300 million to you?

Depends on whether I buy into the “phantom runner” theory of biness, I guess. I don’t tend to do that in sports or in business but I suppose it depends on the job of self-marketing this sooper-dooper one-of-a-kind CEO manages to do whilst getting the gig.

Do people who work with their head work any less than those who work with their hands? Do they put in less hours?

I’ll go one step further. If you had a company that was expected to lost $500 million dollars in the next year, and brought on a new CEO who then did such great work that your company only lost $100 million, with expectations that you’d be making money in the next 2 years, wouldn’t that CEO be worth $300 million to you?

I’m just pointing out that this whole “executive compensation” discussion is a very slippery slope to go down with government making decisions on what is appropriate.

1) It’s DB. There’s another guy/gal posting as BD. I didn’t even know who you were addressing at first.

2) You sure do assume a lot based on one cheezy joke-post. Like, for instance, that I care about getting ensnared in some dopey rhetorical question. Hey, here’s one for you–why do you hate working people?

The problem isn’t compensation.

The problem originates at the consumer level. We call these people “suckers”. As in one born every minute. They want to take their extra dollars and turn them into something spectacular without doing any of the work.

So they hire the investors to make that money. We call the investors “bottom-feeders”. They prey on the “suckers” by offering no guarantees to these new-found riches, but plenty of salesmanship.

The “bottom-feeders” are regulated by the “nincompoops”. We usually call these people elected representatives. These are the people we regularly elect using rigged processes that favor those already in power by using election laws they themselves create.

The “nincompoops” are somewhat regulated by the “incompetents”. We sometimes call these people the Administration. They are staffed by the people who used to be the “bottom-feeders” and try to use the same practices they used in private business, but now contain the power to force people into contracts that they never had the power to do before.

And when you get the “suckers”, “bottom-feeders”, “nincompoops” and “incompetents” on the same page, you get Government.

Thank you for making it all very clear and demonstrate that you are not as you claim compassionate and for fairness in the world.

You do not have a problem with the freedo and prosperity being taken away from them. I guareentee you that their compensation will not be the last to have a cap placed upon it.

I love how you cowarded and didn’t answer my question and accussed me of empathizing with the CEOs, you did inform yourself enough to know that their are those who recieved no balilout money who are also being capped. Some of these are having no problems, so why do you think it is the duty of the president, notice not the king, set wages?

Hope he sets yours.

Keep on hating everything that does not think like you, so very progressive and open minded of you.

I agree with part of what you are saying. But don’t stop with just one side. These folks knew they couldn’t afford the loans, but many of the lenders were also aware of the lack of funds. These folks were doing “no doc” loans. What happened to sound banking fundamentals? Many of the banks that played with fire are gone now. The good ones that stuck to their conservative policies are doing ok. And the others are getting our money to do as they wish.

To sum it up, there was not just one group at fault. The consumers, bankers, and gov’t all were complicit in the mess. Fannie, Freddie, Democrats, Republicans, Wall St and Main St. Greed got the better of most all of them.

If he’s not it’s kinda sad and pathetic…

ewwwww