2971
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 06:23:51 PM »
no moron. move their posts to another new thread ..
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2972
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 06:17:41 PM »
or better yet delete tk's posts
2973
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 06:16:17 PM »An Error Has Occurred!
You cannot delete your own topics in this board. Check to make sure this topic wasn't just moved to another board.
plz mods
2974
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 06:15:31 PM »
holy fuck, delete this thread.
2975
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 05:51:21 PM »the guy lives in his parents basement.
is swift very intelligent? yes.
does he earn more than a full time mcdonald's employee? not likely.
I Like you tk. Let's do something fun. You pick a $ amount that you don't think I have available liquid right now, I'll go to the bank right now and withdrawal that much and take a picture of it right in front of one of your posts and send it to you or post here. I really personally just want to see how you react
2976
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 05:38:13 PM »
I WAS WAITING FOR IT.
this shit right here literally gets me belly laughing
he has to defend these multimillionaires/billionaires, he'll be one someday. only temporarily embarrassed.
2977
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 05:36:43 PM »
the CEO of Volkswagen just got 30 mill for cheating and being complacent in crimes against the environment and human health.
2978
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 05:03:44 PM »yea i just don't understand how you're disagreeing with reality.
That's fine. We completely disagree.
2979
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 04:19:49 PM »
the average worker is harder working than the average CEO, even CEOs know this.
2980
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 01:41:11 PM »a ceo fucks up he just resigns and sleeps on his mountain of cash while workers get laid off.
Volkswagen CEO Likely to Get $32 Million Pension After Leaving
damn so much stress
2982
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 01:15:42 PM »yes, i think upper management positions, including ceo types, work much harder jobs, longer work days and actually move the needle a lot more so than the average worker they employee. there are always exceptions of course. you disagree with this. Great?
still parroting this nonsense? ok. let's look at studies.
http://www.bloomberg.com/bw/articles/2014-07-22/for-ceos-correlation-between-pay-and-stock-performance-is-pretty-random
this study finds literally no correlation between pay and company performance, so where is the "stress" coming from exactly when they know they can fuck up and still make loads of cash? ? ? the average worker doesn't have that luxury , do they?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1572085
Abstract:
We find evidence that Chief Executive Officer (CEO) pay is negatively related to future stock returns for periods up to three years after sorting on pay. For example, firms that pay their CEOs in the top ten percent of excess pay earn negative abnormal returns over the next three years of approximately -8%. The effect is stronger for CEOs who receive higher incentive pay relative to their peers and stronger for CEOs with greater tenure. Our results appear to be driven by high-pay related CEO overconfidence that leads to shareholder wealth losses from activities such as overinvestment and value-destroying mergers and acquisitions.
CEOs get paid so much they literally don't give a fuck.
i am not arguing pay vs performance for ceo's, im arguing ceo output vs average employee output. less irrelevant and unrelated sources please
the studies destroy your arguments completely.
also what is a CEO's output? their entire job is figuring out how to maximize profits, so all they do is think of ways about how better to exploit their labour that's creating their wealth in the first place so they can better serve their bourgeois masters.
2983
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 12:12:07 PM »
yes, i think upper management positions, including ceo types, work much harder jobs, longer work days and actually move the needle a lot more so than the average worker they employee. there are always exceptions of course. you disagree with this. Great?
still parroting this nonsense? ok. let's look at studies.
http://www.bloomberg.com/bw/articles/2014-07-22/for-ceos-correlation-between-pay-and-stock-performance-is-pretty-random
this study finds literally no correlation between pay and company performance, so where is the "stress" coming from exactly when they know they can fuck up and still make loads of cash? ? ? the average worker doesn't have that luxury , do they?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1572085
Abstract:
We find evidence that Chief Executive Officer (CEO) pay is negatively related to future stock returns for periods up to three years after sorting on pay. For example, firms that pay their CEOs in the top ten percent of excess pay earn negative abnormal returns over the next three years of approximately -8%. The effect is stronger for CEOs who receive higher incentive pay relative to their peers and stronger for CEOs with greater tenure. Our results appear to be driven by high-pay related CEO overconfidence that leads to shareholder wealth losses from activities such as overinvestment and value-destroying mergers and acquisitions.
CEOs get paid so much they literally don't give a fuck.
still parroting this nonsense? ok. let's look at studies.
http://www.bloomberg.com/bw/articles/2014-07-22/for-ceos-correlation-between-pay-and-stock-performance-is-pretty-random
this study finds literally no correlation between pay and company performance, so where is the "stress" coming from exactly when they know they can fuck up and still make loads of cash? ? ? the average worker doesn't have that luxury , do they?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1572085
Abstract:
We find evidence that Chief Executive Officer (CEO) pay is negatively related to future stock returns for periods up to three years after sorting on pay. For example, firms that pay their CEOs in the top ten percent of excess pay earn negative abnormal returns over the next three years of approximately -8%. The effect is stronger for CEOs who receive higher incentive pay relative to their peers and stronger for CEOs with greater tenure. Our results appear to be driven by high-pay related CEO overconfidence that leads to shareholder wealth losses from activities such as overinvestment and value-destroying mergers and acquisitions.
CEOs get paid so much they literally don't give a fuck.
2984
General Discussion / Re: anti-capitalism thread
« on: September 24, 2015, 10:26:02 AM »how do you get your evidence? i'll admit that i only have a limited amount of real life examples i rely on, none of which are real life persons that head up mega companies like nike or somethingyour opinions are false, and they help to propagate the demonization of the poor and the myth that the poor don't work hard.
2985
General Discussion / Re: anti-capitalism thread
« on: September 23, 2015, 08:55:59 PM »
you're half right.