Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
- 37,439
- 2,290
I made a claim and backed it up with fact.
What fact? Simply because you said it? That's not a fact.
You are entitled to your own opinion--but not your own facts.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
I made a claim and backed it up with fact.
The subordinates make all of the revenue. The CEO sets the direction and delegates.
Again... that is simply not true and it's one of many things you've said that leads me to think you've never run a business in your life. Everyone in a company is of value, otherwise, they wouldn't be there... the company is about making profit and there's no room for people to be paid who bring no value to the table. So everyone is of value and they are generally paid accordingly.
Revenue, on the other hand, is the money brought in by a company. Out of that, expenses have to be paid and that leaves the profit. Revenue is going to depend on a myriad of factors. It's not solely determined by the "subordinates." How much revenue could a sewing company make without sewing machines? Did the seamstress furnish the sewing machine? What about the thread and material? How about the marketing and advertising for the products? Does the seamstress work on that as well? Do they provide the insurance, maintenance, transportation costs, etc.? So... how can you possibly claim they make all the revenue? They perform a task and are paid for what they do. It's FAR from being all there is to producing revenue.
You are simply a mental midget, posing here as someone who is supposedly wealthy. What a fucking JOKE... you're not wealthy, you're probably a fraudulent disability recipient with nothing better to do every day than sit here on your computer (which someone else paid for) espousing the virtues of Marxism.
Companies are about providing a product or service to gain profit.
Heren't the thing you're not understanding about debating. When you respond to a post as if you disagree with it, it's kind of assumed that you're against they point they made. Capiche?
I never actually been in a debate on USMB. I have spent a lot of time correcting stupid.
A CEO's job is to steer the course, how is that difficult?
Bwahahaha! Then why aren't you a CEO? If it's so easy and it pays such an enormous salary, it's only logical that you and other libtards would be doing it.
The President of the United States job is to "steer the course". Do you have any idea how difficult and stressful it is being President of the United States? A CEO literally has to be clairvoyant. They are expected to see around the corner of tomorrow and put their company in position to capitalize on what they "see". They have to make high pressure decision after high pressure decision. They have to anticipate and then navigate both potential and actual government interference/regulation. They have to anticipate and then navigate competition. They have to deal with human error within their organization and personnel issues. They have to deal with liberals in government destroying the economy. And they have to handle 32 hours worth of work per day.
I am a CEO of five corporations that have a combined asset/revenue of $780M, and I work 8-10 hours per week. Why? Because I placed an adequate platform, implemented a check and balance system, and hired VERY talented people to direct the day-to-day operations of each company.
I also use those big-bad regulations to my benefit.
Yeah I don't believe you. You're either lying, or a criminal...and lying.
Yet you can't refute any of my posts. So I'm also smarter than you.
You're not smarter than a toaster. You don't even understand that refuting a post means you're against what the post said. You're dumb as a ... well ... post ...
It's the same reason sports coaches make so much. It's the art of directing and delegating.
Umm... NO. Nick Saban doesn't make $5.2 million a year because he is good at delegating and directing. He makes that much because he is good at bringing National Championship trophies to Tuscaloosa.
CEOs who command a high salary are similarly good at what they do... which is to maximize profits. Delegating and directing are certainly good skills for a CEO to have but it's far from what makes them great CEOs or why they are paid so well.
Nick Saban could be awesome at delegating and directing... If he lost half his games and didn't bring home trophies for Alabama, he would lose his job. CEOs could be the best delegate/directors in the world... if they don't increase the company's profits they are fired.
But returning to my point... CEOs are paid highly by a Capitalist because they are of value to the Capitalist. To sit here and presume they don't deserve what they are paid is silly.... you're not paying them, the capitalist is. It's the value THEY consider them to have, not YOU.
Funny how the "one percenter" who makes 4.5 large (according to him) a year doesn't grasp the importance of profit, isn't it?
Where did I write profits aren't important?
When you blew off CEOs needing to direct people to make profits. Maybe you need to start reading your posts before clicking "post reply" and ask yourself, what point am I trying to make here?
My point is that the higher you climb in the ivory tower, the less work you actually do.
How do you explain Carly Fiorina then?Many of them are expert bullshit artists who have convinced the board that only they have the unique skill set to guide the company through trying times. Generally the board members have no idea how things actually function within the company so they buy it. Look at Carly Fiorina. She flew one of the worlds most prestigious companies (HP) straight into the ground and pretty much any of the engineers who worked for the company could have told you that's what was happening in real time.The higher up in a company, the less difficult it gets. It's called directing and delegating and CEO's that are good at both make huge $$$$.The point is, CEOS make over 300x the average salary now, 23x in the 50's, and you brainwashed morons think raping the country is just great if you're rich and GOP enough lol.
Neither of you are answering my question. Why does a capitalist enterprise, who's main objective is making as much profit as possible, squander precious profits on an exorbitant CEO salary? Do CEOs deploy some sort of mind control over the board of directors? Are they blackmailing them somehow? If the CEO is not worth what they are being paid, whether it's 23x or 300x the average worker, why is the capitalist entity paying them?
I mean... IF you can't answer the question, just say so. These little tap dances you're doing are amusing but we're getting nowhere. You've both claimed CEOs aren't worthy of what they are being paid... I simply want to know how you justify the complete contradiction of basic capitalist principles and the objective of any capitalist... CEOs aren't dictators or rulers who can't be overthrown... there is no law that says a CEO can name his own salary and never be fired and the company is helpless to do anything but pay him.... so what's your explanation???![]()
This is just plum GOOFY.
My point is that the higher you climb in the ivory tower, the less work you actually do.
Bwahahaha! Then why aren't you a CEO? If it's so easy and it pays such an enormous salary, it's only logical that you and other libtards would be doing it.
The President of the United States job is to "steer the course". Do you have any idea how difficult and stressful it is being President of the United States? A CEO literally has to be clairvoyant. They are expected to see around the corner of tomorrow and put their company in position to capitalize on what they "see". They have to make high pressure decision after high pressure decision. They have to anticipate and then navigate both potential and actual government interference/regulation. They have to anticipate and then navigate competition. They have to deal with human error within their organization and personnel issues. They have to deal with liberals in government destroying the economy. And they have to handle 32 hours worth of work per day.
I am a CEO of five corporations that have a combined asset/revenue of $780M, and I work 8-10 hours per week. Why? Because I placed an adequate platform, implemented a check and balance system, and hired VERY talented people to direct the day-to-day operations of each company.
I also use those big-bad regulations to my benefit.
Yeah I don't believe you. You're either lying, or a criminal...and lying.
Yet you can't refute any of my posts. So I'm also smarter than you.
You're not smarter than a toaster. You don't even understand that refuting a post means you're against what the post said. You're dumb as a ... well ... post ...
You mean a logical retort based on fact?
Ya know. I keep hearing from fake conservatives about how we spend too much on welfare. Welfare would cause taxes to raise. Poor people want to steal more of my money. Blah, blah, blah.
Some interesting statistics:
Finland spends 3.2% of its federal budget on public assistance.
Great Britain spends a little over 4.6%
Israel spends 2.4%
Norway spends a whopping 6.2%.
And the US? 0.7%. That's it.
So, why can't we just increase that to 2%? We can take that 2% away from our bloated military budget. It would still make us the Western nation that spends the least amount of money on their poor, but imagine the massive effect that would have on poverty in this country. And it wouldn't even cost the tax payers one. Red. Cent. more than they are paying, now. Because I'm not suggesting increasing the budget. I'm suggesting giving public assistance a slightly larger piece of the existing budget.
Why is that such an outrageous idea?
Umm... NO. Nick Saban doesn't make $5.2 million a year because he is good at delegating and directing. He makes that much because he is good at bringing National Championship trophies to Tuscaloosa.
CEOs who command a high salary are similarly good at what they do... which is to maximize profits. Delegating and directing are certainly good skills for a CEO to have but it's far from what makes them great CEOs or why they are paid so well.
Nick Saban could be awesome at delegating and directing... If he lost half his games and didn't bring home trophies for Alabama, he would lose his job. CEOs could be the best delegate/directors in the world... if they don't increase the company's profits they are fired.
But returning to my point... CEOs are paid highly by a Capitalist because they are of value to the Capitalist. To sit here and presume they don't deserve what they are paid is silly.... you're not paying them, the capitalist is. It's the value THEY consider them to have, not YOU.
Funny how the "one percenter" who makes 4.5 large (according to him) a year doesn't grasp the importance of profit, isn't it?
Where did I write profits aren't important?
When you blew off CEOs needing to direct people to make profits. Maybe you need to start reading your posts before clicking "post reply" and ask yourself, what point am I trying to make here?
My point is that the higher you climb in the ivory tower, the less work you actually do.
Top CEOs Work Crazy Hours Even On Normal Days
This Is CEOs' One Secret to Staying Ultra-Productive
Well you're guessing wrong. There is nothing "hateful" about free market value. You sound so much like a libtard that it's downright frightening. Ron Paul would vomit seeing you using his name and posting like a socialist.I do. I really do. And I'm right.No offense - but that's ignorant regressive angry libtard thinking. This is as stupid as saying cut QB salaries in the NFL to "share more love" with the backup punter. The money is as the top because that is where the talent is, the credentials are, and where the experience is, and most of all - where the company is won or lost.No offense, but that's outdated angry white Republican dude thinking. Most of the large corporations are too top-heavy in terms of bloated salaries. The pay could be distributed more equitably. Share more of the love with the struggling warriors in the trenches.
If you say so.
Nah, i'm guessing you're just a typical angry white Republican dude. Your thinking is outdated and hateful.
Historically? That's when liberals turn to mass murder.Ya know. I keep hearing from fake conservatives about how we spend too much on welfare. Welfare would cause taxes to raise. Poor people want to steal more of my money. Blah, blah, blah.
Some interesting statistics:
Finland spends 3.2% of its federal budget on public assistance.
Great Britain spends a little over 4.6%
Israel spends 2.4%
Norway spends a whopping 6.2%.
And the US? 0.7%. That's it.
So, why can't we just increase that to 2%? We can take that 2% away from our bloated military budget. It would still make us the Western nation that spends the least amount of money on their poor, but imagine the massive effect that would have on poverty in this country. And it wouldn't even cost the tax payers one. Red. Cent. more than they are paying, now. Because I'm not suggesting increasing the budget. I'm suggesting giving public assistance a slightly larger piece of the existing budget.
Why is that such an outrageous idea?
What do you do when you run out of other peoples money?
How do you explain Carly Fiorina then?
Historically? That's when liberals turn to mass murder.Ya know. I keep hearing from fake conservatives about how we spend too much on welfare. Welfare would cause taxes to raise. Poor people want to steal more of my money. Blah, blah, blah.
Some interesting statistics:
Finland spends 3.2% of its federal budget on public assistance.
Great Britain spends a little over 4.6%
Israel spends 2.4%
Norway spends a whopping 6.2%.
And the US? 0.7%. That's it.
So, why can't we just increase that to 2%? We can take that 2% away from our bloated military budget. It would still make us the Western nation that spends the least amount of money on their poor, but imagine the massive effect that would have on poverty in this country. And it wouldn't even cost the tax payers one. Red. Cent. more than they are paying, now. Because I'm not suggesting increasing the budget. I'm suggesting giving public assistance a slightly larger piece of the existing budget.
Why is that such an outrageous idea?
What do you do when you run out of other peoples money?
This isn't about HP becoming technically outdated. She didn't understand the company, its market or its culture. She tampered with things she was too stupid to comprehend and the company which was built upon decades worth of meticulous engineering excellence was turned to shit.How do you explain Carly Fiorina then?
I don't have to explain Carly Fiorina. She is a brilliant woman with a great mind and was a great CEO for HP and others. The thing about free market capitalism is, it sometimes changes with the markets and there is nothing a CEO can do about that. You see... we don't exist in a Utopian universe where everything is always fair and perfect. Trends come and go, things change, situations and circumstances change with the times.
In the early 1900s, all the buggy whip makers in America went under. Was it because they had bad CEOs running their companies? Or was it because times changed and buggy whips were no longer needed by the market? Was it "fair" that all those people lost their jobs through no fault of their own? No, but free market capitalism isn't always fair.... nothing is... LIFE is not FAIR!
So... Someone who made buggy whips all those years, perhaps they decided to start making belts, hoses and upholstery for automobiles? This is how free market capitalism works. Things come and go, people change, businesses change. 20 years ago, there was a VHS movie rental store on virtually every corner... you don't see them anymore because something better came along. Is that FAIR? No, it's Capitalism!
I am a CEO of five corporations that have a combined asset/revenue of $780M, and I work 8-10 hours per week. Why? Because I placed an adequate platform, implemented a check and balance system, and hired VERY talented people to direct the day-to-day operations of each company.
I also use those big-bad regulations to my benefit.
He realizes it's not everything, dumbass dupe.The CEO of any company doesn't actually do any of the work. S/He directs and delegates.
and A-GAIN... I will ask you.... Why would a capitalist enterprise who's only objective is maximum profits... pay someone SO much of their precious profits to simply delegate work to others?
It makes NO SENSE!
Do you not comprehend this, clown????![]()
It's the same reason sports coaches make so much. It's the art of directing and delegating.
Umm... NO. Nick Saban doesn't make $5.2 million a year because he is good at delegating and directing. He makes that much because he is good at bringing National Championship trophies to Tuscaloosa.
CEOs who command a high salary are similarly good at what they do... which is to maximize profits. Delegating and directing are certainly good skills for a CEO to have but it's far from what makes them great CEOs or why they are paid so well.
Nick Saban could be awesome at delegating and directing... If he lost half his games and didn't bring home trophies for Alabama, he would lose his job. CEOs could be the best delegate/directors in the world... if they don't increase the company's profits they are fired.
But returning to my point... CEOs are paid highly by a Capitalist because they are of value to the Capitalist. To sit here and presume they don't deserve what they are paid is silly.... you're not paying them, the capitalist is. It's the value THEY consider them to have, not YOU.
Funny how the "one percenter" who makes 4.5 large (according to him) a year doesn't grasp the importance of profit, isn't it?
You're a gd idiot I realize now, hater dupe. Change the channel or go to hell, literally. Perfect example of someone who would be a widely hated, highly paid GOP CEO.The subordinates make all of the revenue. The CEO sets the direction and delegates.
If that were true the company wouldn't have a CEO. The CEO does all that work and more. They aren't flying around the country all the time for fun. Very important people are not going to meet with delegates.
The 4.5 million dollar man doesn't grasp the job of a CEO, it's hillarious ...
Perfect dupe of greedy idiot GOP CEOs/leaders.I am a CEO of five corporations that have a combined asset/revenue of $780M, and I work 8-10 hours per week. Why? Because I placed an adequate platform, implemented a check and balance system, and hired VERY talented people to direct the day-to-day operations of each company.
I also use those big-bad regulations to my benefit.
You're not a "CEO" junior. No CEO works 8 to 10 hours per week. If you hired someone else to run all of your companies then they are the CEO genius.
The fact that you need even that much explained to you makes me quite certain you don't own even a single company and you're not worth more than a few thousand in total assets.
Huh. I din't think they even had "internet prices" in the 80's and 90's. Can you link to that? Because that was when the prices started going up at Walmart, after all the local competition was gone.They did not increase prices store by store based on competition. Walmart increases their prices across the board whether there is competition or not. Their store prices reflect their internet prices.
If you're talking about places like Bob's sewing machine shop, Earls coin shop, Eleanor's dress shop, those places closed down long ago whether there was a Walmart in the area or not. Yes, larger chains took over and we are a throw away society today. Those kinds of places are still around, but there are much less of them. It has nothing to do with Walmart, because the businesses you mentioned above, Walmart doesn't even participate in.
Really? Walmart doesn't sell clothes? They don't sell hardware? They don't sell appliances? What the fuck does the Walmart where you live sell?!?! grain and feed?!?!?
Yeah. Sure. you're right. I'm sure it was just a coincidence that none of those price increases started until after the local competition they were trying to put out of business was actually out of business...Yes, they priced them out of business. That's what businesses do. The cheaper price gets the business, but you can't say that all at once, Walmart didn't increased their prices due to lack of competition. I'm sure they increase their prices all the time. Taxes go up, pay scales go up, health insurance goes way up, the suppliers Walmart gets their merchandise increases the cost of their products, as a truck driver, I can tell you that our prices went way up because of all the environmental crap we now have to deal with.
...just a coincidence...
Yes, in every business I've ever worked in, the higher you are, the longer you work. The guy again shows his knowlege of business is a Kelvin zero. He doesn't explain how he makes $4.5 million a year when he knows zero about business. I think there's a reason for that ...