Just getting by

[kallend 2,146]

Median pay of CEOs in Chicago's top 100 publicly traded companies was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

Poor guys, no wonder they need tax breaks.

...

The only sure way to survive a canopy collision is not to have one.

[rushmc 23]

Quote

Median pay of CEOs in Chicago's top 100 publicly traded companies was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

Poor guys, no wonder they need tax breaks.

They almost kept up with Obamas staff

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[shah269 0]

Quote

Median pay of CEOs in Chicago's top 100 publicly traded companies was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

Poor guys, no wonder they need tax breaks.

If you are in the top 2% it has been a very good few years. They haven't seen this kind of "good times" since Regan.

Cheap labor, high profits and good returns.

It is what it is....big banks with big investors make a mistake TARP saves their buts. A few people buy into the American dream of owning a home in an inflated market and loose $100K+ and well we have to eat it.

I don't know man.....the system in the US may be broken for good. But what choice do you really have?

Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay.

The only thing that falls from the sky is birdshit and fools!

[kallend 2,146]

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Quote

Median pay of CEOs in Chicago's top 100 publicly traded companies was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

Poor guys, no wonder they need tax breaks.

They almost kept up with Obamas staff

Average continuing Obama staffer pay raise last year was 8%. Some got more, some got no raise.

Overall, it should be noted, the White House's 2010 salary budget contracted slightly, from $38.8 million to $37.1 million, largely because the number of staffers fell. The average salary also dropped from $82,721, or 65% above the median household income, to $81,765—or 65% above the median household income.

Only in Rush's Cloud Cuckoo Land is 8 greater than 43.6

...

The only sure way to survive a canopy collision is not to have one.

[rushmc 23]

If I poked a caged dog with a stick, the response would have been the same

As predicted

Thanks


And this ends the kallend tweak of the day

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[kallend 2,146]

Quote

If I poked a caged dog with a stick, the response would have been the same

As predicted

Thanks


And this ends the kallend tweak of the day

We can all predict that you'll get your facts wrong.

...

The only sure way to survive a canopy collision is not to have one.

[shah269 0]

What gets me is this, we know full well trickle on does not work. It's proven it's a known fact and it's well understood that in a service based economy such as ours, trickle on does not work.

What does work is a form of capillary action. Inject funds into the middle class and watch the economy grow.

And who are middle class? Well hate to tell you but your average government employee/ state employee is middle class. And these people have either had their pay cut, their numbers cut or had their pay frozen.

Well how do you expect to grow a service based economy if those that consume the most of the services no longer have the capital to utilize the services?

Regardless of their "efficiency" or supposed work ethic, if you really want to see this economy grow and jobs be created and your retirement funds plump up? Take all of the subsidies we give to say.....who's our favorite whipping boy today.....big banks and give it as a direct pay increase to the 2.5 million federal employees.

They intern will do either of three things.
1) Pay off their debt....thus they may buy more.
2) Save it....with a 1 to 9 market, that means banks will have more money to lend out.
3) Invest it....no need to talk about this one.
4) SPEND IT! Like good Americans which will grow our economy.

If we were an industrial economy than yeah ok...maybe if the owners of industry had an incentive to invest in industry they would. But as it stands today, we are not an industrial economy. We are a service economy with a vast field of service providers. And the only way to get things going...is to encourage those who consume to consume more.

But that's my view of our economy via what I have deduced from my graduate classes.

Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay.

The only thing that falls from the sky is birdshit and fools!

[billvon 3,107]

>Take all of the subsidies we give to say.....who's our favorite whipping boy
>today.....big banks and give it as a direct pay increase to the 2.5 million
>federal employees.

Yes. That would stimulate the economy. So would giving it to big business. So would giving it to the poor. They'll all spend it to some degree or the other, and that will get the money back into the economy.

The problem is that we're going broke trying to do that - and in the long run, bankruptcy will hurt us more than all that stimulus will help us.

[rushmc 23]

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What gets me is this, we know full well trickle on does not work.No, we dont It's proven it's a known fact and it's well understood that in a service based economy such as ours, trickle on does not work.No, its not

What does work is a form of capillary action. Inject funds into the middle class and watch the economy grow.

And who are middle class? Well hate to tell you but your average government employee/ state employee is middle class. And these people have either had their pay cut, their numbers cut or had their pay frozen.

Well how do you expect to grow a service based economy if those that consume the most of the services no longer have the capital to utilize the services?

Regardless of their "efficiency" or supposed work ethic, if you really want to see this economy grow and jobs be created and your retirement funds plump up? Take all of the subsidies we give to say.....who's our favorite whipping boy today.....big banks and give it as a direct pay increase to the 2.5 million federal employees.

They intern will do either of three things.
1) Pay off their debt....thus they may buy more.
2) Save it....with a 1 to 9 market, that means banks will have more money to lend out.
3) Invest it....no need to talk about this one.
4) SPEND IT! Like good Americans which will grow our economy.

If we were an industrial economy than yeah ok...maybe if the owners of industry had an incentive to invest in industry they would. But as it stands today, we are not an industrial economy. We are a service economy with a vast field of service providers. And the only way to get things going...is to encourage those who consume to consume more.

But that's my view of our economy via what I have deduced from my graduate classes.

Not surprising this is what you leaned from what our colleges have become today

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[DougH 270]

Quote

It is what it is....big banks with big investors make a mistake TARP saves their buts. A few people buy into the American dream of owning a home in an inflated market and loose $100K+ and well we have to eat it.

Wow what a spin.

The banks were no angels, neither were the morons with liar loans that bought houses they couldn't afford because they were drinking the koolaide that house prices "never decline".

The banks paid back a very large percentage of TARP.

Do you think the people that took out subprime mortgages that they couldn't afford are going to write us a check for the part they played?

"The restraining order says you're only allowed to touch me in freefall"
=P

[rushmc 23]

Do you think the people that took out subprime mortgages that they couldn't afford are going to write us a check for the part they played?

[DougH 270]

That doesn't suprise me. Homeownership is the american way, it isn't just the dream, it is a right!

Don't let all that funny economic voodoo, like debt to income ratios, and credit histories, and affordability get in the way of the dream!!

"The restraining order says you're only allowed to touch me in freefall"
=P

[kallend 2,146]

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That doesn't suprise me. Homeownership is the american way, it isn't just the dream, it is a right!

Don't let all that funny economic voodoo, like debt to income ratios, and credit histories, and affordability get in the way of the dream!!

i doubt it's a problem for these CEOs, whose median pay was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

...

The only sure way to survive a canopy collision is not to have one.

[mnealtx 0]

Quote

Quote

That doesn't suprise me. Homeownership is the american way, it isn't just the dream, it is a right!

Don't let all that funny economic voodoo, like debt to income ratios, and credit histories, and affordability get in the way of the dream!!

i doubt it's a problem for these CEOs, whose median pay was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

I just love class envy...smells like sugar cookies.

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[kallend 2,146]

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Quote

Quote

That doesn't suprise me. Homeownership is the american way, it isn't just the dream, it is a right!

Don't let all that funny economic voodoo, like debt to income ratios, and credit histories, and affordability get in the way of the dream!!

i doubt it's a problem for these CEOs, whose median pay was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

I just love class envy...smells like sugar cookies.

Just how brown is your nose anyway?

...

The only sure way to survive a canopy collision is not to have one.

[mnealtx 0]

Quote

Quote

Quote

Quote

That doesn't suprise me. Homeownership is the american way, it isn't just the dream, it is a right!

Don't let all that funny economic voodoo, like debt to income ratios, and credit histories, and affordability get in the way of the dream!!

i doubt it's a problem for these CEOs, whose median pay was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

I just love class envy...smells like sugar cookies.

Just how brown is your nose anyway?

Nice PA.... did the truth sting a bit, perfesser?

Lemme know when you start your tirade about the 35 million paid out to Fanny/Freddie execs over the last 2 years, m'kay?

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[DougH 270]

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i doubt it's a problem for these CEOs, whose median pay was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

If you don't like it go be a CEO and take a self imposed pay cut.

CEO's pay has nothing to do with people buying things they can't afford.

"The restraining order says you're only allowed to touch me in freefall"
=P

[rhaig 0]

Quote

Quote

That doesn't suprise me. Homeownership is the american way, it isn't just the dream, it is a right!

Don't let all that funny economic voodoo, like debt to income ratios, and credit histories, and affordability get in the way of the dream!!

i doubt it's a problem for these CEOs, whose median pay was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

hey look.... a dead horse.

--
Rob

[kallend 2,146]

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Quote

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Quote

That doesn't suprise me. Homeownership is the american way, it isn't just the dream, it is a right!

Don't let all that funny economic voodoo, like debt to income ratios, and credit histories, and affordability get in the way of the dream!!

i doubt it's a problem for these CEOs, whose median pay was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

I just love class envy...smells like sugar cookies.

Just how brown is your nose anyway?

Nice PA.... did the truth sting a bit, perfesser?

Lemme know when you start your tirade about the 35 million paid out to Fanny/Freddie execs over the last 2 years, m'kay?

What makes you think I support that?

The trickle-down economic model you love so much is provably not working.

...

The only sure way to survive a canopy collision is not to have one.

[shah269 0]

Quote

>Take all of the subsidies we give to say.....who's our favorite whipping boy
>today.....big banks and give it as a direct pay increase to the 2.5 million
>federal employees.

Yes. That would stimulate the economy. So would giving it to big business. So would giving it to the poor. They'll all spend it to some degree or the other, and that will get the money back into the economy.
.

We are a service based economy, Like it or not, the facts on the ground are "Trickle on" does not work.

It is what it is. And the only way to "wake up" a service based industry is to incentivize those who consume the most services. As such it becomes a numbers game.

The day the top 2%-10% of the country consume enough goods and services as say the 60% who are middle class than yes giving them funds will grow the economy. But as it stands common sense indicates that 10% of the population can't consume the same level of goods and services so as to make up for what the 60% isn't.

Simple economics of a service based industry. Encourage the largest group to consume the most so as to force funds to circulate and as such to create wealth. Yet we seem to be sending money on either side of the middle.


As said, perhaps the system is broken. As for TARP, yeah the banks paid the money back! They did the right thing and invested in developing countries and made their money back which they then paid to the federal government. They did not however utilize the TARP funds to finance growth within the US. And perhaps rightfully so.

Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay.

The only thing that falls from the sky is birdshit and fools!

[kallend 2,146]

Quote

Quote

>Take all of the subsidies we give to say.....who's our favorite whipping boy
>today.....big banks and give it as a direct pay increase to the 2.5 million
>federal employees.

Yes. That would stimulate the economy. So would giving it to big business. So would giving it to the poor. They'll all spend it to some degree or the other, and that will get the money back into the economy.
.

We are a service based economy, Like it or not, the facts on the ground are "Trickle on" does not work.

It is what it is. And the only way to "wake up" a service based industry is to incentivize those who consume the most services. As such it becomes a numbers game.

The day the top 2%-10% of the country consume enough goods and services as say the 60% who are middle class than yes giving them funds will grow the economy. But as it stands common sense indicates that 10% of the population can't consume the same level of goods and services so as to make up for what the 60% isn't.

.

They can sure consume more luxury yachts, personal jets, and domestic staff.

...

The only sure way to survive a canopy collision is not to have one.

[mnealtx 0]

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That doesn't suprise me. Homeownership is the american way, it isn't just the dream, it is a right!

Don't let all that funny economic voodoo, like debt to income ratios, and credit histories, and affordability get in the way of the dream!!

i doubt it's a problem for these CEOs, whose median pay was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

I just love class envy...smells like sugar cookies.

Just how brown is your nose anyway?

Nice PA.... did the truth sting a bit, perfesser?

Lemme know when you start your tirade about the 35 million paid out to Fanny/Freddie execs over the last 2 years, m'kay?

What makes you think I support that?

Probably the lack of mention of it when you go off on your hobbyhorse about CEO pay.

Quote

The trickle-down economic model you love so much is provably not working.

Looks to have worked a hell of a lot better than what Obama's come up with. Remind me again how you get MORE of something when you tax it.

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[mnealtx 0]

Quote

Quote

Quote

>Take all of the subsidies we give to say.....who's our favorite whipping boy
>today.....big banks and give it as a direct pay increase to the 2.5 million
>federal employees.

Yes. That would stimulate the economy. So would giving it to big business. So would giving it to the poor. They'll all spend it to some degree or the other, and that will get the money back into the economy.
.

We are a service based economy, Like it or not, the facts on the ground are "Trickle on" does not work.

It is what it is. And the only way to "wake up" a service based industry is to incentivize those who consume the most services. As such it becomes a numbers game.

The day the top 2%-10% of the country consume enough goods and services as say the 60% who are middle class than yes giving them funds will grow the economy. But as it stands common sense indicates that 10% of the population can't consume the same level of goods and services so as to make up for what the 60% isn't.

.

They can sure consume more luxury yachts, personal jets, and domestic staff.

Which creates jobs in shipbuilding and the aircraft and services industries.

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[Channman 2]

Quote

Median pay of CEOs in Chicago's top 100 publicly traded companies was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

Poor guys, no wonder they need tax breaks.

And to think I had to get laid off last Sept. to get a 15% pay increase...should have sent me packing sooner...bastards

[kallend 2,146]

Quote

Quote

Median pay of CEOs in Chicago's top 100 publicly traded companies was up 43.6 percent last year. In 2009 their median increased ONLY 20.6 percent.

Poor guys, no wonder they need tax breaks.

And to think I had to get laid off last Sept. to get a 15% pay increase...should have sent me packing sooner...bastards

You should be a CEO.

...

The only sure way to survive a canopy collision is not to have one.