Now if corporations would start hiring illegal immigrants as CEOs and COOs

[cantstandbush]

you would see some real immigration policy changes. It's time something reduced the CEO salaries.

[pinkpops]

1. I have often thought - what do these guys do to get

paid so much? Couldn't corporations get somebody cheaper and pass the money on to the stockholders? Answer: The stockholders are suckers.

[Cleita]

5. Why not give the workers a share in the profits?

They are the ones who earned it, not the stockholders or the CEOs.

[pinkpops]

6. From the Commonweal, an article with a quote from

George Will, of all people:

My favorite is a George Will column titled "Ripping Off Capitalism" (Washington Post, September 1, 1991). From the title and the by line, you might expect a blast against big government for ruining business. But no. Will turned his wrath against corporate America: "Perhaps Reebok's CEO was worth $14.8 million in 1990, but why, precisely? He would have done his job less well for a piddling, oh, $7 million? He would have left the company if paid less? Would the company have done worse with a $7 million--or even $1 million--replacement?" Will castigated the widening disparity between the compensation of top executives and that of ordinary workers. "The American CEO/worker disparity doubled during the 1980s," he wrote, because the executives in effect raised their own salaries. "How do you distinguish between money earned and money merely taken?"



http://www.findarticles.com/p/articles/mi_m1252/is_n21_v122/ai_17877030

[Turbineguy]

8. I was thinking about that yesterday

and I have a strategy.

Now if dishwashers were suddenly to drop plates and glasses the way overpaid execs drop their companies share prices, at first the dishwashers would get fired. But then there would be a shortage of dishwashers. Therefore the ones who don't drop dishes could demand more pay (mind you, yesterday you were dropping plates at the Hilton, but today you are getting top pay for not dropping them at the Sheraton just across the street).

It's a competition thing. Obviously dishwasher pay would be limited to the cost of replacing the restaurant's entire glass and porcelain ware on a daily basis, but it would still be significantly higher than now. Other service professions would have to fall in line with dishwasher pay.

Corporate boards hire fat pay execs not knowing that there are competent people who do not play golf/attended the same prepshool/belong to the same club etc. That's a reverse competition.

So, create an artificial shortage, and clean up! (Uhhh... so to speak)

[FormerDittoHead]

2. The free market doesn't apply to CEO salaries, just to labor... n/t

[vssmith]

3. Things will change only when the rich and powerful:

Don't live in gated communities
Don't drink bottled water
Don't send their kids to fancy private schools
Don't travel in their own private jets
Don't have their own well-endowed retirement plans

When the elite share the same challenges the rest of us face problems will get solved.

[MADem]

4. Wow, if they hired Juan Valdez to run ENRON

They'd probably still be in business, and turning a profit!! And Juan would work for far less than ole Kenny Boy, too!

[MrTriumph]

7. And if pundits and newspeople had their jobs taken away by cheaper

labor, they'd understand what's going on.