Pigs at the trough 2016
Discussion
richie99 said:
crankedup said:
Difficult to define but if we look at Greece during the last three years Social unrest is very evident. The lack of jobs, basic medications, small businesses bust all leading up to Social unrest. Now I am not suggesting that CEO excessive pay is going to cause a mirror image of the Magnitude we see in Greece, of course not. But comparatively minor social unrest has already been seen which is directly related to the growing wealth gap in the UK.
We know that dissatisfaction is rumbling within workers who have had their wages frozen or reduced over the past eight years, it is not too difficult to understand their frustration seeing the boss decide he/she is worth massive pay increases year on year.
We can say that the boss is responsible for the whole company and their jobs, but the CEO is adequately supported by the Board of Directors sharing that weight. The last point I would like to make is this, if the company goes bust the workers lose their jobs the CEO will be given a golden handshake and walk into the company or retire sitting upon a nice heap of tenners.
Whenever this topic of CEO pay comes along, I usually post it every year, certain posters will swack about the politics of envy, none of my business, sell your shares if you disagree and such like. Personally I don't believe it is these actions that resolve the growing issue.of Social unrest, Fundemental changes are required that will bring about the control of excessive board room pay, such as those changes Vince Cable was discussing when in Government.
Where is the evidence that social unrest in the UK has anything to do with your growing wealth gap? Greece is a red herring with its own problems. We know that dissatisfaction is rumbling within workers who have had their wages frozen or reduced over the past eight years, it is not too difficult to understand their frustration seeing the boss decide he/she is worth massive pay increases year on year.
We can say that the boss is responsible for the whole company and their jobs, but the CEO is adequately supported by the Board of Directors sharing that weight. The last point I would like to make is this, if the company goes bust the workers lose their jobs the CEO will be given a golden handshake and walk into the company or retire sitting upon a nice heap of tenners.
Whenever this topic of CEO pay comes along, I usually post it every year, certain posters will swack about the politics of envy, none of my business, sell your shares if you disagree and such like. Personally I don't believe it is these actions that resolve the growing issue.of Social unrest, Fundemental changes are required that will bring about the control of excessive board room pay, such as those changes Vince Cable was discussing when in Government.
I'm getting really sick of poor people just sticking their noses into literally everything. Honestly, why can't they just do their work and keep quiet. They insist of having an opinion on absolutely everything regardless of whether they have any knowledge or experience on the issue in hand. They act like they constantly see the picture in awe of being "ahead of the curve." Oh do f
k off.
k off.crankedup said:
Well their we have just another thoughtful and unintelligent debating point.
Apart from the bad spelling, this makes no sense and so tends to undermine whatever you were trying to say.You're jealous that someone is making a lot more money than you & you're trying to justify your envy by wrapping it up in moral socialism.
Rovinghawk said:
crankedup said:
Well their we have just another thoughtful and unintelligent debating point.
Apart from the bad spelling, this makes no sense and so tends to undermine whatever you were trying to say.You're jealous that someone is making a lot more money than you & you're trying to justify your envy by wrapping it up in moral socialism.
How do you know about my income and savings?
As a long standing Lib Dem at least your correct about my concerns regarding the well being of Social harmony, although you refer to that as socialism it seems.
Yes bad spelling has become part of my posts, but your annoyed so need to retort and as such it's again dedicated to the poster and not the subject.
Sump said:
I'm getting really sick of poor people just sticking their noses into literally everything. Honestly, why can't they just do their work and keep quiet. They insist of having an opinion on absolutely everything regardless of whether they have any knowledge or experience on the issue in hand. They act like they constantly see the picture in awe of being "ahead of the curve." Oh do fk off.
Yes it's so awful isn't it, it must really distress you every day to see democracy at work. Never me you can always shuffle off to Moscow for some relief from it all.k off.crankedup said:
Are you a psychologist?
No, but I don't need to be one to recognise jealousy as blatant as yours.crankedup said:
How do you know about my income and savings?
I believe it to be less than the CEOs otherwise you wouldn't be whingeing about them.crankedup said:
As a long standing Lib Dem at least your correct about my concerns regarding the well being of Social harmony, although you refer to that as socialism it seems.
Note the word 'social' in both halves of that sentence. You seem more focussed on some alleged standard of 'fairness' than realpolitik.crankedup said:
Yes bad spelling has become part of my posts, but your annoyed so need to retort and as such it's again dedicated to the poster and not the subject.
I said I'd leave the spelling to one side- my point was that your statement made zero sense. Read it again & see what I mean.NRS said:
Just because someone supports "fairness" (whatever that entails) it doesn't mean they are jealous. Some may well be, but for others it is not about earning the most money possible and so they're happy to pay more from their high wages to help others in society.
Yep, just like the typical PH Director not always having to post from a position of smug arrogance.
crankedup said:
Sump said:
I'm getting really sick of poor people just sticking their noses into literally everything. Honestly, why can't they just do their work and keep quiet. They insist of having an opinion on absolutely everything regardless of whether they have any knowledge or experience on the issue in hand. They act like they constantly see the picture in awe of being "ahead of the curve." Oh do fk off.
Yes it's so awful isn't it, it must really distress you every day to see democracy at work. Never me you can always shuffle off to Moscow for some relief from it all.k off.To try and have a society where everyone is somewhat equal is not only impossible but just unrealistic.
Rovinghawk said:
crankedup said:
Are you a psychologist?
No, but I don't need to be one to recognise jealousy as blatant as yours.crankedup said:
How do you know about my income and savings?
I believe it to be less than the CEOs otherwise you wouldn't be whingeing about them.crankedup said:
As a long standing Lib Dem at least your correct about my concerns regarding the well being of Social harmony, although you refer to that as socialism it seems.
Note the word 'social' in both halves of that sentence. You seem more focussed on some alleged standard of 'fairness' than realpolitik.crankedup said:
Yes bad spelling has become part of my posts, but your annoyed so need to retort and as such it's again dedicated to the poster and not the subject.
I said I'd leave the spelling to one side- my point was that your statement made zero sense. Read it again & see what I mean.As a counter point to your jealously accusation, do you include all shareholders and people who object to excessive board room pay? People like Simon Walker for example.
Rovinghawk must be having a day at the seaside or he isn't aware Simon Walker is the boss of Institute of Directors. Like me and thousands of shareholders he. Is a very fierce critic of excessive bosses pay. Presume that rovinghawk will diss him as jealous because his income isn't excessive. 
Apparently Mr Walker again warned last week that unless excessive pay was reined in public pressure will force the Government into the introduction of legislation which will rein in the payments.
Sooner the better.
Apparently Mr Walker again warned last week that unless excessive pay was reined in public pressure will force the Government into the introduction of legislation which will rein in the payments.
Sooner the better.
Sump said:
crankedup said:
Sump said:
I'm getting really sick of poor people just sticking their noses into literally everything. Honestly, why can't they just do their work and keep quiet. They insist of having an opinion on absolutely everything regardless of whether they have any knowledge or experience on the issue in hand. They act like they constantly see the picture in awe of being "ahead of the curve." Oh do fk off.
Yes it's so awful isn't it, it must really distress you every day to see democracy at work. Never me you can always shuffle off to Moscow for some relief from it all.k off.To try and have a society where everyone is somewhat equal is not only impossible but just unrealistic.
My objection is the year on year grossly excessive remuneration within FTSE CEO and boards, their unparalleled greed it seems enough is never enough. CEO improves Company profits by 6% over the previous year, this had the effect of doubling the pay packet to 20 million pounds. The CEO average is around 1000 x the median, twenty years back or thereabouts this average was 247x. All sense of proportion and sanity seems to have left the boardrooms years back.
crankedup said:
Rovinghawk must be having a day at the seaside or he isn't aware Simon Walker is the boss of Institute of Directors. Like me and thousands of shareholders he. Is a very fierce critic of excessive bosses pay. Presume that rovinghawk will diss him as jealous because his income isn't excessive.
Apparently Mr Walker again warned last week that unless excessive pay was reined in public pressure will force the Government into the introduction of legislation which will rein in the payments.
Sooner the better.
Well, he did grow up in a house with a picture of Stalin above the mantlepiece. So far as I can work out the IoD are financially dependent upon spamming the hell out of anyone listed with Companies House. No wonder their membership is in decline.Apparently Mr Walker again warned last week that unless excessive pay was reined in public pressure will force the Government into the introduction of legislation which will rein in the payments.
Sooner the better.
Its a good job the British have a fantastic track record of long term inward investment in business before offering such well deserved remuneration. Although given the decline in the manufacturing industry I suppose it all aligns nicely.
Edited by economicpygmy on Sunday 8th May 18:14
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