tag:blogger.com,1999:blog-384326501457260780.post4421852093311142873..comments2023-10-03T07:19:51.166-04:00Comments on What's The Word?: Prophetic: Maximum WageRon Bhttp://www.blogger.com/profile/15192512565073154580noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-384326501457260780.post-53493212669425127502009-10-25T20:27:30.052-04:002009-10-25T20:27:30.052-04:00ablur
I hope that you are right. I really do. All ...ablur<br />I hope that you are right. I really do. All I need to do is go to work on Monday and find out that my salary has been reduced by 25% because the White House thinks that I make too much or because it is not fair that my subordinates rate of pay is greater than 50% of mine. That would be one of my fears.Ron Bhttps://www.blogger.com/profile/15192512565073154580noreply@blogger.comtag:blogger.com,1999:blog-384326501457260780.post-17293486362289503112009-10-24T22:33:57.899-04:002009-10-24T22:33:57.899-04:00The government has stood every form of trust and p...The government has stood every form of trust and public confidence in business on its head. Secured and unsecured debt are the quintessential reason that confidence cannot be fully restored to the market place. It has destroyed retirement planning and has made all future investment capital unobtainable. This one act did more to lengthen our problem then any other. <br />Now, after making business stagnate, they choose to step in and remove performance modeled salaries from the business world. Our leader who has no real world business experience is suddenly gifted in the area of executive salary. <br />I am looking forward to court challenges based on contract law and hopefully going all the way to constitutional law. It will take some serious money but the odds are he has picked on the wrong crowd and the money will be available to take on this challenge.ablurhttps://www.blogger.com/profile/13898910648557162135noreply@blogger.comtag:blogger.com,1999:blog-384326501457260780.post-79010369924006891312009-10-24T17:11:39.004-04:002009-10-24T17:11:39.004-04:00ablur
No person ever feels that they are ever over...ablur<br />No person ever feels that they are ever overpaid so regardless of compensation a contract is enforceable as long as it is entered into by two parties and there is a meeting of the minds of both parties. Also as long as one party is not being coerced. <br /><br />So the change in compensation for the executives at those financial institutions is a form of coercion and therefore may be able to be challenged!? I am no lawyer but.....Ron Bhttps://www.blogger.com/profile/15192512565073154580noreply@blogger.comtag:blogger.com,1999:blog-384326501457260780.post-14959951529272961572009-10-24T17:04:09.929-04:002009-10-24T17:04:09.929-04:00jodetoad
Not paranoid at all. Even if it sounds f...jodetoad<br />Not paranoid at all. Even if it sounds far fetched it is within the realm of government control. Take a dollar of benefit then lose all your God given rights of life, liberty and pursuit of happiness.<br /><br />Obama helped to set new bankruptcy precedent when he placed unsecured creditors ahead of secured creditors and forced all of the secured creditors to take what the government negotiators wanted.<br /><br />Liberals think the Constitution is a living ever changing document thus it really does not exist as a static set of rules but only as a guide.Ron Bhttps://www.blogger.com/profile/15192512565073154580noreply@blogger.comtag:blogger.com,1999:blog-384326501457260780.post-77195355968993536992009-10-24T03:06:19.230-04:002009-10-24T03:06:19.230-04:00New to your blog, I like your article.
Basically ...New to your blog, I like your article.<br /><br />Basically the rationale is: if the firm took gov. money, then the gov. has the right to make these demands.<br /><br />Not only does it ignore the previously existing contracts between the company and the employee, it threatens every last one of us. This administration also broke bankruptcy laws taking over the GM & Chrysler.<br /><br />There is no clear limit to the principle. It basically equates to saying if you benefit from government, then government has increased rights over you. I benefit from gov. spending in, say, being protected by the military, in having highways, in schools, police forces, you name it. By this principle, the gov. has the right to control my income? What about my business? They are legislating forcing me to buy health insurance meeting gov. standards, what else can they force me to buy? Not just for me, but for my family - what else can they force me to do regarding my kids or spouse?<br /><br />I know this sounds paranoid, but once the principle is allowed, to break contracts, break bankruptcy law, what limits will there be on federal power? If the Constitution no longer applies, no limits at all.jodetoadnoreply@blogger.comtag:blogger.com,1999:blog-384326501457260780.post-25591322995175765422009-10-23T16:44:56.685-04:002009-10-23T16:44:56.685-04:00As our government steps in to take over and destro...As our government steps in to take over and destroy company by company many are sitting back and feeling joy over the result. The class warfare promoted by these actions will further divide and destroy our nation.<br />Perhaps some of these individuals are over paid and as a result over taxed. Private business should have a right to set its reward policy by way of wages and compensation. The biggest wrong was the bailouts to begin with. Failure is an option in any capitalistic society and with it comes new successes and advancements. This round of bailouts will probably cost us 20 years of success. Rather then rise up from the ashes stronger and more knowledgeable in their respected industries, we have chosen to reward bad behavior and only postpone the fall.ablurhttps://www.blogger.com/profile/13898910648557162135noreply@blogger.comtag:blogger.com,1999:blog-384326501457260780.post-38375731155961406372009-10-23T13:08:42.074-04:002009-10-23T13:08:42.074-04:00"While some Americans support this policy bec..."While some Americans support this policy because of class warfare..." They would have nothing without that and race baiting.<br /><br /><a href="http://cobb.typepad.com/cobb/2009/10/a-stupid-question-to-liberals.html" rel="nofollow">Over at Cobb</a>, Michael Bowen has an interesting perspective:<br /><br />"You see it's easy to catch the symptoms of that religion of socialism/communism without catching a full blown case. And that's where I think most liberals are standing, in their b-boy stance, arms folded, head cocked and supremely arrogant. It is a stance I can no longer take at all seriously, given that I am taking the time to read fatter books and I am no longer impressed by politics."Smilenoreply@blogger.comtag:blogger.com,1999:blog-384326501457260780.post-44989134923880223762009-10-23T01:15:53.215-04:002009-10-23T01:15:53.215-04:00drjim
Obama believes just the opposite. Government...drjim<br />Obama believes just the opposite. Government is the solution and the best work there.Ron Bhttps://www.blogger.com/profile/15192512565073154580noreply@blogger.comtag:blogger.com,1999:blog-384326501457260780.post-31768279057163893332009-10-22T23:48:07.244-04:002009-10-22T23:48:07.244-04:00It goes back to what Reagan said about the best an...It goes back to what Reagan said about the best and the brightest....they work in industry, NOT for the Federal Government!drjimhttps://www.blogger.com/profile/05647484115197408897noreply@blogger.com