Green company executives get rich off of the taxpayer while the workers get the shaft

[brenthutch 444]

The Arizona Republic reported Thursday that Rob Gillette, received $16.55 million during the first three months of employment in 2009 and then $13.3 million for all of 2010. Last year he made $2.46 million, $1.7 million of which was severance. First Solar also paid its eight top executives nearly $16 million last year. yesterday the company announced it would slash payroll by 2,000 workers

Fisker has kept its executive offices staffed while its private fundraisers face an SEC investigation, 65 workers were released in February, and plans for a Delaware plant seem to be dead. And Colorado-based Abound Solar, recipient of a $400 million DOE loan, laid off 280 as it shut down manufacturing for several months – but top officials remain.

http://nlpc.org/stories/2012/04/18/taxpayers-reward-executives-failure-green-jobs-are-slashed

[Andy9o8 2]

Did the term "green company" not give you a hint?

See, this is the real reason why the GOP wants gun owners to be mostly Republican - because otherwise they'd lead an armed revolution and executives like that would be first in line at the guillotine.

[davjohns 1]

I was heavily studying stocks and investing at one time. I looke up companies' financial reports and all the good stuff analysts do. But then I made the mistake of looking at benefits for Board Members, CEOs and such. I bowed out of the stock market. It's amazing what they get away with. How much more profitable companies would be if run efficiently is anyone's guess.

I know it just wouldnt be right to kill all the stupid people that we meet..

But do you think it would be appropriate to just remove all of the warning labels and let nature take its course.

[lawrocket 3]

Gee, Dave. Here you are talking about how high executive pay screws the stockholder instead of just bemoaning that executive pay is too high because, well, it's just too high.

My wife is hotter than your wife.

[SkyDekker 1,465]

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Gee, Dave. Here you are talking about how high executive pay screws the stockholder instead of just bemoaning that executive pay is too high because, well, it's just too high.

The problem is that majority stock holders are NOT getting screwed. Majority of stock is owned by companies, with highly remunerated executives.

[weekender 0]

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I was heavily studying stocks and investing at one time. I looke up companies' financial reports and all the good stuff analysts do. But then I made the mistake of looking at benefits for Board Members, CEOs and such. I bowed out of the stock market. It's amazing what they get away with. How much more profitable companies would be if run efficiently is anyone's guess.

I like your perfectly logical opinion. You felt the executives were overpaid thus the company is over valued and you didnt buy the stock. Pretty simple, actually. If everyone did this the salaries would come down to meet the market or the company would fail and someone else would replace them.

I tend to do the same. I dont care what someone is paid relative to me. i care what they are paid relative to their companies performance. I'm not as picky as you but we are def on the same page with equities.

"The point is, I'm weird, but I never felt weird."
John Frusciante

[kallend 2,113]

Why would you expect "green" company execs to be any different from, say, financial services company execs in the greed department?

Even Mitt Romney has gotten rich while laying off workers and taking advantage of taxpayer largesse.

...

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

[shah269 0]

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I was heavily studying stocks and investing at one time. I looke up companies' financial reports and all the good stuff analysts do. But then I made the mistake of looking at benefits for Board Members, CEOs and such. I bowed out of the stock market. It's amazing what they get away with. How much more profitable companies would be if run efficiently is anyone's guess.

Isn't it sick?
But what can you do?
Live off the grid?

No industry is free of sin, be it green or oil they are all the same run by all the same folks.

Long and short of it, we are fucked.

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!

[brenthutch 444]

Dirty Big Oil, has created 10s of thousands of jobs without government loan guarantees, or grants. We give billions to Green Tech and it goes to political cronies while they lay off the little guy who pays the bill.

[shah269 0]

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Dirty Big Oil, has created 10s of thousands of jobs without government loan guarantees, or grants.

Your kidding me right? You know tax breaks are teh same as government loan guarantees, or grants!
And then there were the wars we fought for oil.

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!

[rushmc 23]

And then there were the wars we fought for oil.

Ya

And Palin said she could see Russia from her home



You sure have selective learning and memories

"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]

Sorry what i wanted to say was "liberate"
all those "liberations" we did for oil!

Note Iran of the late 50's and Iraq today.

Thanks big oil! YOU ROCK!

Now it's your turn BIG GREEN!

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 3,085]

>Dirty Big Oil, has created 10s of thousands of jobs without government
>loan guarantees, or grants.

Exxon's CEO has averaged $19 million a year over the past 10 years. In that 10 years Exxon laid off 2300 people. During that time Dirty Big Oil has gotten $40 billion from the US government.

Or to use your language, greedy oil company CEO's line their pockets with taxpayer dollars while screwing their workers. Where's the outrage? Do you reserve it only for people who disagree with your political agenda?

[davjohns 1]

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Gee, Dave. Here you are talking about how high executive pay screws the stockholder instead of just bemoaning that executive pay is too high because, well, it's just too high.

Mixed feelings. Kind of like pro ball players. They are paid that much because they make the company that much. I just don't like when people pretend the athletes are heroes or the players start moaning and groaning about how bad their lives are.

CEOs are hopefully paid so much because they are worth it. Lately, however, I don't see it. If they were making the company take off like a young Microsoft, no worries. I just have difficulty taking my lumps in the market with a company that pays the execs huge bonuses for a profitless quarter. Some of those nuts are being given enormous stock options and incentives for breathing. Not with my money.

Just my .02...

I know it just wouldnt be right to kill all the stupid people that we meet..

But do you think it would be appropriate to just remove all of the warning labels and let nature take its course.

[kallend 2,113]

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Quote

Gee, Dave. Here you are talking about how high executive pay screws the stockholder instead of just bemoaning that executive pay is too high because, well, it's just too high.

Mixed feelings. Kind of like pro ball players. They are paid that much because they make the company that much. I just don't like when people pretend the athletes are heroes or the players start moaning and groaning about how bad their lives are.

CEOs are hopefully paid so much because they are worth it. Lately, however, I don't see it. If they were making the company take off like a young Microsoft, no worries. I just have difficulty taking my lumps in the market with a company that pays the execs huge bonuses for a profitless quarter. Some of those nuts are being given enormous stock options and incentives for breathing. Not with my money.

Just my .02...

You might want to check to see how much Lehman Bros execs paid themselves, right before Lehman went belly up and precipitated the current crisis that has adversely affected all of us.

Ditto for Bear Stearns and AIG execs.

The execs pay themselves millions because they can, not because they are worth it.

...

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

[davjohns 1]

That's my point. That's why I don't play in the stock market.

I know I am still a player in an indirect way. I just refuse to directly invest. Best I can do in our system.

I know it just wouldnt be right to kill all the stupid people that we meet..

But do you think it would be appropriate to just remove all of the warning labels and let nature take its course.

[Airgump 1]

http://www.abcbirds.org/newsandreports/releases/110907.html


and the birds get the blade!

[brenthutch 444]

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>Dirty Big Oil, has created 10s of thousands of jobs without government
>loan guarantees, or grants.

Exxon's CEO has averaged $19 million a year over the past 10 years. In that 10 years Exxon laid off 2300 people. During that time Dirty Big Oil has gotten $40 billion from the US government.

No I am a pragmatist. I like what works, and I don’t like what doesn’t. The $40 billion you claimed the oil industry gets from the government is $40 billion that the oil companies make and are allowed to keep, because of the same tax provision that every other corporation does. Just like Apple and GE.

• Quote

[brenthutch 444]

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Gee, Dave. Here you are talking about how high executive pay screws the stockholder instead of just bemoaning that executive pay is too high because, well, it's just too high.

Mixed feelings. Kind of like pro ball players. They are paid that much because they make the company that much. I just don't like when people pretend the athletes are heroes or the players start moaning and groaning about how bad their lives are.

CEOs are hopefully paid so much because they are worth it. Lately, however, I don't see it. If they were making the company take off like a young Microsoft, no worries. I just have difficulty taking my lumps in the market with a company that pays the execs huge bonuses for a profitless quarter. Some of those nuts are being given enormous stock options and incentives for breathing. Not with my money.

Just my .02...

You might want to check to see how much Lehman Bros execs paid themselves, right before Lehman went belly up and precipitated the current crisis that has adversely affected all of us.

Ditto for Bear Stearns and AIG execs.

The execs pay themselves millions because they can, not because they are worth it.

Although I believe executive compensation is excessive to say the least, at the end of the day what I believe is not worth spit. One is worth what they get paid for. If I say that I am worth $500,000 a year but there are no takers than I am not worth $500,000. To put it simply the worth of an item or an individual is determined by the market, like it or not.

[StreetScooby 5]

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But then I made the mistake of looking at benefits for Board Members, CEOs and such. I bowed out of the stock market. It's amazing what they get away with.

Corporate governance has alot of room for improvement, IMO. Alot of room.

We are all engines of karma

[billvon 3,085]

>No I am a pragmatist. I like what works, and I don’t like what doesn’t.

Yep. And the oil companies get government money and make billions. Looks like green companies are figuring that out too, Guess you'll like them just as much.

[brenthutch 444]

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>No I am a pragmatist. I like what works, and I don’t like what doesn’t.

Yep. And the oil companies get government money and make billions. Looks like green companies are figuring that out too, Guess you'll like them just as much.

Oil companies get to keep some of what they earn and you call it a subsidy?

If I take less of what I take from you it is a subsidy, but if I reduce the amount of increase that I give to you it is a cut? Please explain this to me.

[billvon 3,085]

>Oil companies get to keep some of what they earn and you call it a subsidy?

Same way green companies get to keep some of what they earn, or pay a little less to bankers - and you throw a tantrum.

[brenthutch 444]

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>Oil companies get to keep some of what they earn and you call it a subsidy?

Same way green companies get to keep some of what they earn, or pay a little less to bankers - and you throw a tantrum.

No tantrum, just the facts. A bit of education on what "big oil" does for the US.


According to a May 2011 report by the accounting firm PricewaterhouseCoopers, the 9.2 million American jobs supported by the oil and natural gas industry translates into 5.3 percent of U.S. employment. Some of those industry jobs include 900,000 in California; 275,000 in Pennsylvania; and approximately 250,000 in New York.

The oil and gas industry also generates $533.5 billion in labor income, which equals about 6 percent of U.S. labor income, according to the study. The value added to the U.S. economy by the oil and natural gas industry is $1.1 trillion (7.7 percent of GDP), according to PricewaterhouseCoopers."
Would you let me know about how "big green's" numbers stack up to "big oil"?

[brenthutch 444]

"Top 3 U.S. Oil Companies Paid $42.8 Billion in Income Taxes in 2010"

http://cnsnews.com/news/article/top-3-us-oil-companies-paid-428-billion-income-taxes-2010