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Author Topic: Protest?  (Read 3893 times)
luvin honey
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« Reply #40 on: October 21, 2011, 01:06:45 PM »

I think luvin honey's point is this.

If a company makes 40 million profit and has 20 million shares out, the CEO makes 10 million and the stock pays 1.50 dividend. it is wrong for the CEO to get a 45 million raise and the stock goes down when the dividend is stopped.

I think I agree.
Thank you Smiley Said much more clearly than I have been trying to say it! Exactly. We invest through Edward Jones into a variety of mutual funds. We watch the funds overall, but there are 100s of stocks being represented. I don't have the time or expertise to begin to sort through all of them.

Whether the stocks are doing great or tanking, there are huge payouts to the CEOs. I happen to think the huge payouts should be for performance of good stock and not just cuz.

I didn't suggest the gov't should get involved on this one, although I'm not ruling that out. I'm simply commenting on WHY a great pile of people could be getting angry at Wall Street.
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The pedigree of honey
Does not concern the bee;
A clover, any time, to him
Is aristocracy.
---Emily Dickinson
Sundog
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« Reply #41 on: October 21, 2011, 03:59:26 PM »

...  organize a boycott, do a wall of shame on your FB, etc.

Er, isn't  that what people are trying to do?  The Marxist and drug users and Unionists.

And have some fun!  grin
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deknow
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« Reply #42 on: October 22, 2011, 10:41:33 AM »

[We watch the funds overall, but there are 100s of stocks being represented. I don't have the time or expertise to begin to sort through all of them.
right...you are essentially hiring someone to invest your money for you.
Quote
Whether the stocks are doing great or tanking, there are huge payouts to the CEOs. I happen to think the huge payouts should be for performance of good stock and not just cuz.
...I can't say I disagree.  However, do you think that as an investor, you would get better returns if you based who you invested in on how much the CEO's salary/bonus/termination package reflects the performance of the company?  I wouldn't be surprised if there are mutual funds that cover this market...but considering that the people who are successful making money in the markets don't pick companies based on such criteria, I expect it's a losing stragegy.  That doesn't mean that I don't think things "should be different"....but you chose where to invest your money (be it directly or through a fund of some kind), and presumably, you make your decisions based largely upon projected returns, not based upon how the CEO is paid.

deknow
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Keith13
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« Reply #43 on: October 28, 2011, 08:38:02 AM »

I saw on the news today I believe in Virginia that the TEA party is going to sue to get the money they had to spend during protest back. It seems the tea party had to pay for permits, police security, city services, barricads, restrooms, etc. etc. Now the occupy protest are happening and they pay for nothing.................................................................................seems like business as usual for those folks pay for nothing expect everything...

Keith
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kathyp
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« Reply #44 on: October 28, 2011, 10:02:32 AM »

was thinking that the city better not come to the people for more money when they  run out and can't pay the police.  they are spending millions in overtime, not to mention the damage to the parks.  if they let these folks stay, we should not have to cough up more to pay for it.
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
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« Reply #45 on: October 28, 2011, 11:31:45 AM »

I don't think anyone is protesting hard working entrepreneurs that earn their money and provide jobs for others.  I don't think they are protesting the investment managers that earn a fair wage. 

I think they are protesting the likes of thieves such as Bernie Madoff and his lower-level wannabees, and then the bailout of the industry that fosters them.  I would expect right-thinking people to be out there with them instead of parroting tripe from "Refer Madness", the 60's and the McCarthy era.

There IS a great deal of disparity in the world with business and entertainment personalities, athletes and team owners and many others making more money than anyone could ever spend in multiple lavish lifetimes.  "We the People" pay for all of it in the cost of cereal, gasoline, electricity and waste disposal, and shipping for bee keeping materials, just to mention a few.

"Ya gotta ask yourself, are you gonna be part of the problem, or part of the solution?" - MC5

Just having fun!
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kathyp
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« Reply #46 on: October 28, 2011, 11:57:11 AM »

Quote
I don't think anyone is protesting hard working entrepreneurs that earn their money and provide jobs for others.  I don't think they are protesting the investment managers that earn a fair wage.


i don't think they know the difference.

define "fair wage".


Quote
There IS a great deal of disparity in the world with business and entertainment personalities, athletes and team owners and many others making more money than anyone could ever spend in multiple lavish lifetimes.  "We the People" pay for all of it in the cost of cereal, gasoline, electricity and waste disposal, and shipping for bee keeping materials, just to mention a few.

yet we can choose how and where we spend that money, so there is no force involved....except when the government requires that we spend our money a certain way....

Quote
gonna be part of the problem, or part of the solution?" - MC5"Ya gotta ask yourself, are you


and the solution is?
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
Scadsobees
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Best use of smileys in a post award.


« Reply #47 on: October 28, 2011, 01:07:21 PM »

The funny part is all these entertainment types (part of the 1%) out there supporting the movement and denying that they are part of the problem.

A lot of what i've seen is people saying that they should be getting something somebody else has.  Free education, free healthcare to name a few.  They're just too dumb to know that "free" isn't really free.  It comes at a cost of bondage for everybody.
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Rick
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« Reply #48 on: October 28, 2011, 05:51:41 PM »

They are already complaining that too many "professional homeless" are eating their food.  The workers at the OWS kitchen complained to the board that they were working 18 hour days while other did not work at all.  Socialist to capitalist in the shake of a ladle.

The hard thing to understand is that they don't realize that in a socialist society the non-producers as well as artist are the first to be jailed or worse.

Basically we have 47% of the people who pay nothing in taxes complaining that the other 53% are not paying enough. 
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Former beekeeper until March....maybe next year...RIP
AllenF
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« Reply #49 on: October 28, 2011, 08:38:05 PM »

http://www.wsbtv.com/news/news/occupy-atlanta-march-georgia-pacific-building/nFMf4/    Watch the video at the bottom and lift with your knees, not your back.
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kathyp
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« Reply #50 on: October 28, 2011, 09:05:11 PM »

 grin
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
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