Exxon Mobil posts $10.49B profit in 3Q

[Mr. Big Dog 10,747]

Nonsense. Top execs carry home seven figures whether the companies they work for do well or not. They go home with 7-8 figure comp packages even if they run their companies into the ground.

If they drive their company into ruin, they will be replaced fairly quickly.

Unless and until that happens, they are entitled to their compensation and perks.

Really? Delta Airlines seems to have the same CEO today as they did in 2004. And that company filed for bancruptcy in 2005. The company stock was in the range of $10.00/share in 2004 and is now at around a buck. That's a solid 90% decline under his "leadership". A true success story indeed. Somehow they must have missed replacing him...

[Fandango 1,440]

What's your definition of success? Bilking people of their money? As much as you keep wanting to paint this as envy, it's about paying people what they are worth.

And what makes you qualified to think you know what ppl are worth?

[Trumplestiltskin 5,791]

Corporate America needs to be better regulated to ensure that government policies are driven for the good of the voters rather than simply about securing maximum profit for company stockholders. The same old liberal economic policies have dictated policy in a number of areas for decades. I mean... where are the real economic conservatives?

The vast majority of people in the US can't (and aren't) elected into public office without massive corporate sponsorship to fund their election campaign (which for one thing suggests that being financially successful is somehow synonymous with being ethical) and making many "Faustian" pacts that they must pay off when in office.

Look at what the Government did with regards to prescription drugs. Made it illegal to buy medication from Canada, essentially forcing people to pay vastly inflated prices to preserve the status quo. Exactly who's interests is that in... You'll have a hard time convincing me that it's a good thing to pay 10-20 times more for something when there is a significantly cheaper and more easily available alternative.

Edited October 28, 2006 by erekose

[one...two...tree 2,762]

What's your definition of success? Bilking people of their money? As much as you keep wanting to paint this as envy, it's about paying people what they are worth.

And what makes you qualified to think you know what ppl are worth?

An analogy would be a banquet and you (the CEO) have invited guests to join in the banquet asking that each person brings a casserole to the table. But before letting your guests eat, you and your family get your helpings first, filling your plates, including seconds and thirds. If nothing is left for the guests but bread crumbs would you call that banquet successful? Ebineezer Scrooge believed in that line of thinking.

[Fandango 1,440]

What's your definition of success? Bilking people of their money? As much as you keep wanting to paint this as envy, it's about paying people what they are worth.

And what makes you qualified to think you know what ppl are worth?

An analogy would be a banquet and you (the CEO) have invited guests to join in the banquet asking that each person brings a casserole to the table. But before letting your guests eat, you and your family get your helpings first, filling your plates, including seconds and thirds. If nothing is left for the guests but bread crumbs would you call that banquet successful? Ebineezer Scrooge believed in that line of thinking.

How are you still alive with all this blood gushing out of your heart?

Open house time, ttyl guys B)

[Trumplestiltskin 5,791]

The issue is that a significant portion of the benefits derived by corporate america are not passed on the general public. That's not necessarily "redistributing wealth" but simply giving the public a fair deal.

Do I need to mention the healthcare industry again - they reap massive revenues from prescription medications and lobby the government to protect their 10-20 times price markups.

[one...two...tree 2,762]

What's your definition of success? Bilking people of their money? As much as you keep wanting to paint this as envy, it's about paying people what they are worth.

And what makes you qualified to think you know what ppl are worth?

An analogy would be a banquet and you (the CEO) have invited guests to join in the banquet asking that each person brings a casserole to the table. But before letting your guests eat, you and your family get your helpings first, filling your plates, including seconds and thirds. If nothing is left for the guests but bread crumbs would you call that banquet successful? Ebineezer Scrooge believed in that line of thinking.

How are you still alive with all this blood gushing out of your heart?

Open house time, ttyl guys B)

I'd call it being considerate and especially if I'm the host of that banquet, being hospitable. Perhaps you know of a different way for treating your guests?

[I'm Gone 60]

The issue is that a significant portion of the benefits derived by corporate america are not passed on the general public. That's not necessarily "redistributing wealth" but simply giving the public a fair deal.

Do I need to mention the healthcare industry again - they reap massive revenues from prescription medications and lobby the government to protect their 10-20 times price markups.

You going to give "evil" Wal*Mart credit for selling generics for $4.00?

[Trumplestiltskin 5,791]

The issue is that a significant portion of the benefits derived by corporate america are not passed on the general public. That's not necessarily "redistributing wealth" but simply giving the public a fair deal.

Do I need to mention the healthcare industry again - they reap massive revenues from prescription medications and lobby the government to protect their 10-20 times price markups.

You going to give "evil" Wal*Mart credit for selling generics for $4.00?

Sure if they weren't screwing over their employees.

[Carol&Marc 0]

The issue is that a significant portion of the benefits derived by corporate america are not passed on the general public. That's not necessarily "redistributing wealth" but simply giving the public a fair deal.

Do I need to mention the healthcare industry again - they reap massive revenues from prescription medications and lobby the government to protect their 10-20 times price markups.

You going to give "evil" Wal*Mart credit for selling generics for $4.00?

Sure if they weren't screwing over their employees.

OOOOps, now we got slaves at walmart, the employees hide the ball and chain pretty well!

[Mr. Big Dog 10,747]

The issue is that a significant portion of the benefits derived by corporate america are not passed on the general public. That's not necessarily "redistributing wealth" but simply giving the public a fair deal.

Do I need to mention the healthcare industry again - they reap massive revenues from prescription medications and lobby the government to protect their 10-20 times price markups.

You going to give "evil" Wal*Mart credit for selling generics for $4.00?

Sure if they weren't screwing over their employees.

OOOOps, now we got slaves at walmart, the employees hide the ball and chain pretty well!

They're hiding their enthusiasm and excitement pretty well, too...

[Trompe le Monde 1,107]

I don't have problems with CEOs earning big salaries/bonuses if they are delivering value to their shareholders, growing their business and not exploiting their employees. The big problem is that many get big rewards for poor performance -- Michael Eisner when he was at Disney, James Kilts at Gillette, and almost anyone in charge of an airline in Chapter 11. If a mid-level executive screwed up as much as they did, there would be consequences....

[Trumplestiltskin 5,791]

The issue is that a significant portion of the benefits derived by corporate america are not passed on the general public. That's not necessarily "redistributing wealth" but simply giving the public a fair deal.

Do I need to mention the healthcare industry again - they reap massive revenues from prescription medications and lobby the government to protect their 10-20 times price markups.

You going to give "evil" Wal*Mart credit for selling generics for $4.00?

Sure if they weren't screwing over their employees.

OOOOps, now we got slaves at walmart, the employees hide the ball and chain pretty well!

Did I say "slave". Nope, don't think I did. But feel free to continue with your "liberal blather" of attributing your words to me. How delightfully "Unamerican" of you.

[one...two...tree 2,762]

I don't have problems with CEOs earning big salaries/bonuses if they are delivering value to their shareholders, growing their business and not exploiting their employees. The big problem is that many get big rewards for poor performance -- Michael Eisner when he was at Disney, James Kilts at Gillette, and almost anyone in charge of an airline in Chapter 11. If a mid-level executive screwed up as much as they did, there would be consequences....

[Fandango 1,440]

What's your definition of success? Bilking people of their money? As much as you keep wanting to paint this as envy, it's about paying people what they are worth.

And what makes you qualified to think you know what ppl are worth?

An analogy would be a banquet and you (the CEO) have invited guests to join in the banquet asking that each person brings a casserole to the table. But before letting your guests eat, you and your family get your helpings first, filling your plates, including seconds and thirds. If nothing is left for the guests but bread crumbs would you call that banquet successful? Ebineezer Scrooge believed in that line of thinking.

How are you still alive with all this blood gushing out of your heart?

Open house time, ttyl guys B)

I'd call it being considerate and especially if I'm the host of that banquet, being hospitable. Perhaps you know of a different way for treating your guests?

got news for ya, life aint a banquet, and you're not the host.