But it's not condescension and arrogance when it's directed towards Obama right? It's called being a patriot huh?
Originally Posted by Zanzibar789
What are you talking about, zanziboy? I don't presume to know what is in Obama's self-interest better than he does. I am not arrogant enough to do that. But you have no problem doing that to people who vote against Obama.
Let me clarify I am for being being wealthy I just think the playing field needs to be leveled. Now to answer your question Corporate Fascism and ironically it's the same corporate fascists and their shills that decry big government because they don't want the same oversight they're dishing out. All you have to do as a 1%er is support Manchurian candidates and when they reach elected office get the payback on your investment. It's a rather simple concept. There is no amount of good quality labor that will move anyone from the lower 20% to the top 10%.
Originally Posted by Zanzibar789
Zanziboy, what a letdown! The libtards were rooting for you to come in and add some intellectual heft to their flagging comments on this hooker board, and all you can come up with is “Corporate Fascism”? What the fuck is that? Oh, I get it. That's the only thing keeping you and 90% of Americans from being wealthy, right? Sorry zanziboy, but we're talking about the real world now, so leave the dorm room behind. You need to go out and read a dozen books on Corporate Governance, then come back and see if you can talk intelligently on the subject. Learn about the real world of boards of directors, bye-laws, shareholder resolutions and votes. While corporate governance at most US publicly owned companies is far from perfect, it is a lot closer to democracy than to fascism.
Are you in favor of taxing capital gains and ordinary income at the same rate? Here's a question for you, Mr. Supercilious Asshole - when was the last time we did that and who was President?
Originally Posted by lustylad
If you know the answer please share. (no pun intended)
Originally Posted by Zanzibar789
Another letdown, zanziboy... So sad to see you don't even know how to google the answer. Here's a hint for you – try looking up the Tax Reform Act of 1986.
Rouge executive pay is a prime example of my Corporate fascist argument. My greater point is that a good start would be a soft cap solution on executive pay using tax incentives to increase worker pay. For example if we taxed all exec pay in excess 50 or 75x the lesser of avg or median worker pay at 50- 75%, then execs will have 1 of 2 options. Either accept lower pay or increase worker pay to maximize their own profits. It's not the ultimate solution and the rich will still get richer but it allows others to get a better leg up and is a start in the right direction of wealth redistribution. I am sorry if "Joe the Plumber" fan doesn't get it
Originally Posted by Zanzibar789
You're losing us, zanziboy... What is “rouge executive pay”? Executive pay in Baton Rouge? Executive pay in red states? You mention it as an “example of my Corporate fascist argument”. What Corporate fascist argument? You haven't even defined Corporate Fascism, let alone set forth an argument...
If you think executive pay is excessive, here's what you should do about it: 1) Remember you are fortunate enough to live in a free country. 2) Go out and buy one share of stock in each company you think is over-paying its officers. 3) Become a shareholder activist. Look up the biggest owners of company stock and lobby them to vote in favor of executive pay limits at the annual shareholder meetings. This is where your study of Corporate Governance will pay off. It is not in the best interests of shareholders to overpay their executives. You will be more effective by taking this route than if you sit back and stupidly rail against some imaginary Corporate Fascism.
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