Really.
Mr. Reda said only a handful of big companies pay chief executives and other senior executives $500,000 or less in total compensation. He said such limits will make it hard for the companies to recruit and keep executives, most of whom could earn more money at other firms.
“It would be really tough to get people to staff” companies that are forced to impose these limits, he said. “I don’t think this will work.”
That is what they want us to believe. That the qualified people won't work for $500K. The geniuses who caused the financial collapse of the world's economy won't work for such peanuts. Ooooh, I'm so scared. Who will ruin my kids future economy if you're not there?
Half a million dollars a year. Really.
Don't like it? FINE.
Quit. Let some young guns who haven't died inside, sold their soul, and need a multi-million dollar salary just to 'get by' step up. How can they possibly
screw up any worse than you idiots have?
$500K isn't enought... Gee - they might fall behind in their mortgages and lose their homes. How awful must that be?
How terrible to have someone come in, and tell you "I don't care what the original terms of your contract were, you will learn to make do with less salary, fewer benefits, fewer perks, less time off, and if you don't like it, leave. There are others here and abroad who will do your job for less. Maybe we'll set up a nice job re-training program to get a you new career making half as much" Ask some former midwestern factory/assembly line workers about that. It happens. It isn't worse because now its happening to you and you think you're more important than them, you assholes.
How angry am I? I can barely type.
Just who the hell are these people going to work for if they quit in protest? Who will hire people who ran an entire COUNTRY into the ground and pay them millions?!
Its time to get over yourselves. Auction off the contents of your wine cellar, the paintings, the vacation homes. Send your kids to public schools. Welcome to the United States of America, bubs. This is the view from where I sit.
My father was a steelworker. I've seen all this before. All I heard from 'fiscal conservatives' was, "well, thats business, and business is bad, you can't expect to be paid as much, don't look to the government to save you. DEAL WITH IT. Don't be so greedy, you don't deserve to make that much, you're gross salary killed your industry"... sound familiar? Oh, and I am loving the restricted stock options, too. President Obama, holding on to their options until the banks pay back the taxpayers is genius. The mighty are always sneering at the lower and middle class about taking personal responsibility - well, look in the mirror Wall Street.