Government to control what YOUR get paid!

ideliver · 10-23-2009, 05:59 PM

First...the feds controlled what physicians made...in 1964 with the origins of medicare...they finally got around to others...soon it will be everyone (except themselves)

fdsasdasdf · 10-24-2009, 02:10 PM

From WSJ (October 22):

"Treasury orders average cut of 50% for 175 Top Earners; Cash Salary Cap is $500,000."

OH NO!! How will those 175 people ever survive on only $500,000 a year?!

lib · 10-24-2009, 02:44 PM

Quote:

Originally Posted by jaiman

So you think a top executive at AIG getting 200k is business as usual?

That's just it, I don't believe they'll only be making 200k a year. These guys are extremely motivated, extremely resourceful and quite simply better at this than the ones trying to restrict them.

They'll need to be careful to do it in a way that avoids bad PR but I believe they'll continue to be paid well for their work.

sayemthree · 10-24-2009, 04:07 PM

so if we cap the top people that made say 2 million to 500,000. then what about those that made 750,000, they get cut to 400,000? and those that made 400,000 cut to 200,000. why run the corporation and take risk if the mid managers below you make the same money?

10-23-2009, 05:59 PM	#23
ideliver Major 120 Rep 1,241 Posts Drives: E60 M5 & E71 X6M Join Date: Feb 2008 Location: At the gas station iTrader: (0) Garage List 2006 MB S430 SOLD [0.00] 2003 E46 M3 [0.00]	First...the feds controlled what physicians made...in 1964 with the origins of medicare...they finally got around to others...soon it will be everyone (except themselves) __________________ Cars I've owned '76 Chevelle 350 RIP '82 Monte Carlo 350 RIP '82 Mustang 302 RIP '88 Honda CRX RIP '88 Olds Toronado sold '94 Toyota Tercel sold '99 Acura TL sold 2002 Porsche 911 sold 2003 E46 M3 Blk/gr 2006 MB S430 sold Current: 2008 Infiniti QX56 & 2008 E60 M5
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10-24-2009, 02:10 PM	#24
fdsasdasdf Captain 65 Rep 779 Posts Drives: 330Ci ZHP 6sp Join Date: Apr 2009 Location: Raleigh, NC iTrader: (0)	From WSJ (October 22): "Treasury orders average cut of 50% for 175 Top Earners; Cash Salary Cap is $500,000." OH NO!! How will those 175 people ever survive on only $500,000 a year?!
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10-24-2009, 04:07 PM	#26
sayemthree Brigadier General 149 Rep 4,925 Posts Drives: bmw Join Date: Aug 2007 Location: usa iTrader: (0)	so if we cap the top people that made say 2 million to 500,000. then what about those that made 750,000, they get cut to 400,000? and those that made 400,000 cut to 200,000. why run the corporation and take risk if the mid managers below you make the same money?
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