350 Times the Pay for only 50% More Work

a reply to: CB328

Thanks for post man, I agree with problems of big corporatism, they just run rough shod over the people who actually make the company work

The power of greed and money corrupts so you may not get many agreeing with you on here but I do

originally posted by: CB328

if it's so horrible, why not start a company and make the big bucks?

It costs tens of thousands of dollars to start a business, and 80% of businesses fail within a few years. Plus I have to pay child support, medical and a mortgage, so I can't throw away all my money on a massive risk.

I gave you a few stars which I have never done until this. You took a massive risk when you got married and have at least one child. Marriage is a very big risk. It has to be treated as an investment for the future for yourself and your spouse and kids. If you fail to feed it and water it or if it just goes rotten , that was still a great risk you took and lost.

On the other note , you can start many businesses with very little money if you really put your head to it. It may take giving up TV and some things you don't really NEED plus time and great effort. I do wish you luck and agree the pay scale is way out of wack. A few million a year should be enough for anyone , but whatever floats your boat. It is truly up to us and our decisions.

originally posted by: Xtrozero

originally posted by: glend

So everybody should abide under the same rule. 10x max for the top dog.

You ready to cut Lebron's pay check down from 500,000 to 400 bucks per game, take his Nike endorsement down from 100 million to 400K?

Don't be silly.

Liberals don't touch thier own kind

Remember everyone is equal, just some are more equals than others

Just look how they gave a free pass to the Clintons running off with all that Haitian charity money!

originally posted by: seagull
a reply to: glend

No, they don't have to do it.

Yes, it's conspicuous consumption, and much of it is tacky to an extreme level. So? It's their money, to with as they please in whatever legal manner they choose. It's not something I'd do, but if others want to do it, I don't care enough to bother.

Your jealousy does you no favors. You ought to try to get over it.

I don't prescribe to wealth being the aim of life so my arguments are not based on jealousy.

originally posted by: glend

I don't prescribe to wealth being the aim of life so my arguments are not based on jealousy.

Maybe you don't but why regulate others?

originally posted by: notsure1
a reply to: glend

I Dont want to sound like capitalism is bad. But IMO Bezos is showing it has a flaw.

In a decade he is going to be worth 10 times more than the next richest guy.

Eventually he is going to have all of the money.. Like the IRS..

OMG some people are so pathetic. Bezos deserves to be worth 10x the next richest person. He created:
1. A way you could buy almost anything on earth and have it in two days without leaving your house.
2. AWS which allows companies to just pay for the computing power and software they need.
3. A website which sells massive amounts of advertising.
4. A delivery mechanism that gets you products the same or next day.
5. Made a crap load of other people richer.
6. Took and continues to take massive amounts of risk.
7. Created Alexa
8. Created FireTV
9. Saves people and businesses tons of money every freaking minute of every freaking day.
10. Bought a robot company to automate his warehouses.
11. Created Amazon Video - which allows you to watch almost any movie without leaving your house.
ETC!

When one of you change the world then maybe you will be worth billions. I am not sure how you are going to do that wallowing in your petty jealousy. Capitalism in its purest form is make masses of people's lives better and they will make you rich. Get off you a$$ and go make peoples lives better or STFU.

Can someone please tell me what crime Jeff Bezos committed? He has created 563,100 jobs and counting.

a reply to: Xtrozero

An economic model that allows 40% of all US wealth to be owned by 1% of the people is doomed to failure. Today's corporatocracy is no different to the french aristocracy that lost their heads. They both increased wealth disparity. They both introduced regressive tax systems that favoured themselves. When government debt can no longer be ignored, what then. That point is approaching faster than people think.

originally posted by: MRinder

Can someone please tell me what crime Jeff Bezos committed? He has created 563,100 jobs and counting.

His company is not paying correct taxes in the UK.

I have no problem with people being rich but they dammed well ought to follow the same laws.

originally posted by: glend
a reply to: Lumenari

Really, do you think insatiable greed is the only incentive in life.

You know, you might not be too far off with some of the naysayers. They have zero push from anything other than simple, primordial greed.

What an empty ambition to go through life with, really.

a reply to: CB328

An indirect reply to others in the thread -

I really have never understood the "but you take away the incentive..."

Can you imagine Bill Gates or Steve Jobs or someone, on the cusp of advancing technology, being like "Aw, damn it all. I can only attain 10 million dollars from this invention, I'm going to go flip burgers instead, suck it, communism "

I'm thinking that would not happen.

a reply to: MRinder

Wait, Bezos did ALL OF THAT?

Those 563,000 people are clones of him???

Oh... He had a good idea, hired other people to implement it, and profited from others genius and abilities... Oh.

a reply to: glend

I agree. I believe what most people want is to be able to make a living without having to have two to three jobs just to get by. It use to be one job could support a family.

a reply to: deadlyhope

He built a company that did all of that. He drove the decision making to create it all. He had the vision. He made the final decisions.

Do you really think he has 130 billion in cash. No he does not. Most of it is tied to his Amazon stock which could be worthless tomorrow if someone new comes along and finds ways to serve his customers better

a reply to: Mystery_Lady

Yes, Thanks Mystery_Lady

a reply to: Nyiah

It seems so. Many have said I'm Jealous which tells me that they simply don't understand what we already know.

a reply to: Mystery_Lady

I agree a family should not require multiple jobs to make ends meet. However, I have to point out that taxation can easily eat up over 50% of a person's paycheck now, considering Federal, state, and sometimes municipal income tax, SS tax, privilege tax, property tax, excise tax... and that doesn't include the taxes paid by companies that are simply passed on to the consumer.

Add in the extra costs associated with a second income (daycare costs, a second vehicle cost, etc.) and that second job is not even making up for the taxation.

TheRedneck

a reply to: Xtrozero

I did, cashed out to my partners to move overseas. Made a nice profit no regrets.

I'm a director where I work now. Not pursuing an MBA, pursuing a coaching certification. Already have a pile of IT, leadership and management certs.

Thank you for trying.

originally posted by: glend
a reply to: Xtrozero

An economic model that allows 40% of all US wealth to be owned by 1% of the people is doomed to failure. Today's corporatocracy is no different to the french aristocracy that lost their heads. They both increased wealth disparity. They both introduced regressive tax systems that favoured themselves. When government debt can no longer be ignored, what then. That point is approaching faster than people think.

Our Government and much of the population have the same mindset and that is to spend beyond their means. The rich get richer because they have the funds to invest and continue to grow. When you are the biggest consumer society on the planet you do not think about saving, all you think about is spending.

originally posted by: SpartanStoic
a reply to: Xtrozero

I did, cashed out to my partners to move overseas. Made a nice profit no regrets.

I'm a director where I work now. Not pursuing an MBA, pursuing a coaching certification. Already have a pile of IT, leadership and management certs.

Thank you for trying.

Grats if that is the case... I'm a director too, but I don't have a single "leadership and management cert"...hmmm maybe I need to get some...lol

originally posted by: TheRedneck
a reply to: Mystery_Lady

I agree a family should not require multiple jobs to make ends meet. However, I have to point out that taxation can easily eat up over 50% of a person's paycheck now, considering Federal, state, and sometimes municipal income tax, SS tax, privilege tax, property tax, excise tax... and that doesn't include the taxes paid by companies that are simply passed on to the consumer.

Add in the extra costs associated with a second income (daycare costs, a second vehicle cost, etc.) and that second job is not even making up for the taxation.

TheRedneck

I think there is a socialist talking paper point we keep hearing over and over..."people need to have 2 or 3 jobs" I have known some people who have worked multiple jobs but it is rather rare. I think less than 5% of workers actually work more than one job. Those that do tend to be low educated stuck in low skill positions. For them they see more hours work as their means to do better than to actually improve their skills to get a better paying job.

Now I do believe that families not being single income is very common, but the world in general is not single income, the world in general is not single living either. Multi-generational families live and pool their resources under one roof is more of a norm around the world, except America.