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Inuyasha
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06 Dec 2011, 2:23 am

Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:

What's wrong with getting a job with great pay, regardless if it's private or public sector?
Does anyone tell business people that they can't earn good money for any particular reason?

-Bill, otherwise known as Kraichgauer


So $787,000 a year for a city manager is a perfectly reasonable salary?

http://latimesblogs.latimes.com/lanow/2 ... -says.html


I thought we were talking about janitors.

-Bill, otherwise known as Kraichgauer


This is not Radef's first appearance in the news. An 8-year-old New York Daily News report, which may now need to be appended with a major asterisk, listed Radef as the fourth highest paid janitor in the New York City school system. Working at Middle School 158 in Queens, Radef was earning an annual salary of $170,145. The 10 janitors then making over $160,000 were then making more than all city officials, other than schools Chancellor Joel Klein and his First Deputy Diana Lam. The high salaries were a result of a contract negotiated by the members of Local 891 that allowed the janitors to collect two salaries at once.
http://jobs.aol.com/articles/2011/08/24 ... -new-york/



Kraichgauer
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06 Dec 2011, 2:34 am

Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:

What's wrong with getting a job with great pay, regardless if it's private or public sector?
Does anyone tell business people that they can't earn good money for any particular reason?

-Bill, otherwise known as Kraichgauer


So $787,000 a year for a city manager is a perfectly reasonable salary?

http://latimesblogs.latimes.com/lanow/2 ... -says.html


I thought we were talking about janitors.

-Bill, otherwise known as Kraichgauer


This is not Radef's first appearance in the news. An 8-year-old New York Daily News report, which may now need to be appended with a major asterisk, listed Radef as the fourth highest paid janitor in the New York City school system. Working at Middle School 158 in Queens, Radef was earning an annual salary of $170,145. The 10 janitors then making over $160,000 were then making more than all city officials, other than schools Chancellor Joel Klein and his First Deputy Diana Lam. The high salaries were a result of a contract negotiated by the members of Local 891 that allowed the janitors to collect two salaries at once.
http://jobs.aol.com/articles/2011/08/24 ... -new-york/


Is that somehow worse than how corporate executives and bankers make ungodly sums of money, and then get a golden parachute when their mismanagement costs the livelihoods of thousands of workers or home owners? Or is it just bad when a regular working Joe can make good?

-Bill, otherwise known as Kraichgauer



Inuyasha
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06 Dec 2011, 2:44 am

Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:

What's wrong with getting a job with great pay, regardless if it's private or public sector?
Does anyone tell business people that they can't earn good money for any particular reason?

-Bill, otherwise known as Kraichgauer


So $787,000 a year for a city manager is a perfectly reasonable salary?

http://latimesblogs.latimes.com/lanow/2 ... -says.html


I thought we were talking about janitors.

-Bill, otherwise known as Kraichgauer


This is not Radef's first appearance in the news. An 8-year-old New York Daily News report, which may now need to be appended with a major asterisk, listed Radef as the fourth highest paid janitor in the New York City school system. Working at Middle School 158 in Queens, Radef was earning an annual salary of $170,145. The 10 janitors then making over $160,000 were then making more than all city officials, other than schools Chancellor Joel Klein and his First Deputy Diana Lam. The high salaries were a result of a contract negotiated by the members of Local 891 that allowed the janitors to collect two salaries at once.
http://jobs.aol.com/articles/2011/08/24 ... -new-york/


Is that somehow worse than how corporate executives and bankers make ungodly sums of money, and then get a golden parachute when their mismanagement costs the livelihoods of thousands of workers or home owners? Or is it just bad when a regular working Joe can make good?

-Bill, otherwise known as Kraichgauer


Contrary to what Hollywood likes to portray, many Corporate Executives do not spend most of their time on the golf course.



Kraichgauer
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06 Dec 2011, 2:48 am

Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:

What's wrong with getting a job with great pay, regardless if it's private or public sector?
Does anyone tell business people that they can't earn good money for any particular reason?

-Bill, otherwise known as Kraichgauer


So $787,000 a year for a city manager is a perfectly reasonable salary?

http://latimesblogs.latimes.com/lanow/2 ... -says.html


I thought we were talking about janitors.

-Bill, otherwise known as Kraichgauer


This is not Radef's first appearance in the news. An 8-year-old New York Daily News report, which may now need to be appended with a major asterisk, listed Radef as the fourth highest paid janitor in the New York City school system. Working at Middle School 158 in Queens, Radef was earning an annual salary of $170,145. The 10 janitors then making over $160,000 were then making more than all city officials, other than schools Chancellor Joel Klein and his First Deputy Diana Lam. The high salaries were a result of a contract negotiated by the members of Local 891 that allowed the janitors to collect two salaries at once.
http://jobs.aol.com/articles/2011/08/24 ... -new-york/


Is that somehow worse than how corporate executives and bankers make ungodly sums of money, and then get a golden parachute when their mismanagement costs the livelihoods of thousands of workers or home owners? Or is it just bad when a regular working Joe can make good?

-Bill, otherwise known as Kraichgauer


Contrary to what Hollywood likes to portray, many Corporate Executives do not spend most of their time on the golf course.


What do golf courses have to do with this discussion?

-Bill, otherwise known as Kraichgauer



Inuyasha
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06 Dec 2011, 2:55 am

Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:

What's wrong with getting a job with great pay, regardless if it's private or public sector?
Does anyone tell business people that they can't earn good money for any particular reason?

-Bill, otherwise known as Kraichgauer


So $787,000 a year for a city manager is a perfectly reasonable salary?

http://latimesblogs.latimes.com/lanow/2 ... -says.html


I thought we were talking about janitors.

-Bill, otherwise known as Kraichgauer


This is not Radef's first appearance in the news. An 8-year-old New York Daily News report, which may now need to be appended with a major asterisk, listed Radef as the fourth highest paid janitor in the New York City school system. Working at Middle School 158 in Queens, Radef was earning an annual salary of $170,145. The 10 janitors then making over $160,000 were then making more than all city officials, other than schools Chancellor Joel Klein and his First Deputy Diana Lam. The high salaries were a result of a contract negotiated by the members of Local 891 that allowed the janitors to collect two salaries at once.
http://jobs.aol.com/articles/2011/08/24 ... -new-york/


Is that somehow worse than how corporate executives and bankers make ungodly sums of money, and then get a golden parachute when their mismanagement costs the livelihoods of thousands of workers or home owners? Or is it just bad when a regular working Joe can make good?

-Bill, otherwise known as Kraichgauer


Contrary to what Hollywood likes to portray, many Corporate Executives do not spend most of their time on the golf course.


What do golf courses have to do with this discussion?

-Bill, otherwise known as Kraichgauer


I'm pointing out that corporate executives do work that most people can't do. Most people can do janitorial work.



Kraichgauer
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06 Dec 2011, 3:06 am

Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:

What's wrong with getting a job with great pay, regardless if it's private or public sector?
Does anyone tell business people that they can't earn good money for any particular reason?

-Bill, otherwise known as Kraichgauer


So $787,000 a year for a city manager is a perfectly reasonable salary?

http://latimesblogs.latimes.com/lanow/2 ... -says.html


I thought we were talking about janitors.

-Bill, otherwise known as Kraichgauer


This is not Radef's first appearance in the news. An 8-year-old New York Daily News report, which may now need to be appended with a major asterisk, listed Radef as the fourth highest paid janitor in the New York City school system. Working at Middle School 158 in Queens, Radef was earning an annual salary of $170,145. The 10 janitors then making over $160,000 were then making more than all city officials, other than schools Chancellor Joel Klein and his First Deputy Diana Lam. The high salaries were a result of a contract negotiated by the members of Local 891 that allowed the janitors to collect two salaries at once.
http://jobs.aol.com/articles/2011/08/24 ... -new-york/


Is that somehow worse than how corporate executives and bankers make ungodly sums of money, and then get a golden parachute when their mismanagement costs the livelihoods of thousands of workers or home owners? Or is it just bad when a regular working Joe can make good?

-Bill, otherwise known as Kraichgauer


Contrary to what Hollywood likes to portray, many Corporate Executives do not spend most of their time on the golf course.


What do golf courses have to do with this discussion?

-Bill, otherwise known as Kraichgauer


I'm pointing out that corporate executives do work that most people can't do. Most people can do janitorial work.


And still, plenty of executives screw up royally, after which, thousands of their employees end up paying the price. So actually, there are lots of executives who can't do the job, either.

-Bill, otherwise known as Kraichgauer



Inuyasha
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06 Dec 2011, 3:09 am

Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:

What's wrong with getting a job with great pay, regardless if it's private or public sector?
Does anyone tell business people that they can't earn good money for any particular reason?

-Bill, otherwise known as Kraichgauer


So $787,000 a year for a city manager is a perfectly reasonable salary?

http://latimesblogs.latimes.com/lanow/2 ... -says.html


I thought we were talking about janitors.

-Bill, otherwise known as Kraichgauer


This is not Radef's first appearance in the news. An 8-year-old New York Daily News report, which may now need to be appended with a major asterisk, listed Radef as the fourth highest paid janitor in the New York City school system. Working at Middle School 158 in Queens, Radef was earning an annual salary of $170,145. The 10 janitors then making over $160,000 were then making more than all city officials, other than schools Chancellor Joel Klein and his First Deputy Diana Lam. The high salaries were a result of a contract negotiated by the members of Local 891 that allowed the janitors to collect two salaries at once.
http://jobs.aol.com/articles/2011/08/24 ... -new-york/


Is that somehow worse than how corporate executives and bankers make ungodly sums of money, and then get a golden parachute when their mismanagement costs the livelihoods of thousands of workers or home owners? Or is it just bad when a regular working Joe can make good?

-Bill, otherwise known as Kraichgauer


Contrary to what Hollywood likes to portray, many Corporate Executives do not spend most of their time on the golf course.


What do golf courses have to do with this discussion?

-Bill, otherwise known as Kraichgauer


I'm pointing out that corporate executives do work that most people can't do. Most people can do janitorial work.


And still, plenty of executives screw up royally, after which, thousands of their employees end up paying the price. So actually, there are lots of executives who can't do the job, either.

-Bill, otherwise known as Kraichgauer


Not all executives screw up due to incompetitence, sometimes they just are plain unlucky.



Kraichgauer
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06 Dec 2011, 3:11 am

Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:

What's wrong with getting a job with great pay, regardless if it's private or public sector?
Does anyone tell business people that they can't earn good money for any particular reason?

-Bill, otherwise known as Kraichgauer


So $787,000 a year for a city manager is a perfectly reasonable salary?

http://latimesblogs.latimes.com/lanow/2 ... -says.html


I thought we were talking about janitors.

-Bill, otherwise known as Kraichgauer


This is not Radef's first appearance in the news. An 8-year-old New York Daily News report, which may now need to be appended with a major asterisk, listed Radef as the fourth highest paid janitor in the New York City school system. Working at Middle School 158 in Queens, Radef was earning an annual salary of $170,145. The 10 janitors then making over $160,000 were then making more than all city officials, other than schools Chancellor Joel Klein and his First Deputy Diana Lam. The high salaries were a result of a contract negotiated by the members of Local 891 that allowed the janitors to collect two salaries at once.
http://jobs.aol.com/articles/2011/08/24 ... -new-york/


Is that somehow worse than how corporate executives and bankers make ungodly sums of money, and then get a golden parachute when their mismanagement costs the livelihoods of thousands of workers or home owners? Or is it just bad when a regular working Joe can make good?

-Bill, otherwise known as Kraichgauer


Contrary to what Hollywood likes to portray, many Corporate Executives do not spend most of their time on the golf course.


What do golf courses have to do with this discussion?

-Bill, otherwise known as Kraichgauer


I'm pointing out that corporate executives do work that most people can't do. Most people can do janitorial work.


And still, plenty of executives screw up royally, after which, thousands of their employees end up paying the price. So actually, there are lots of executives who can't do the job, either.

-Bill, otherwise known as Kraichgauer


Not all executives screw up due to incompetitence, sometimes they just are plain unlucky.


Regardless, the companies they work for have no business giving them golden parachutes to reward failure.

-Bill, otherwise known as Kraichgauer



Inuyasha
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06 Dec 2011, 3:13 am

Kraichgauer wrote:
Regardless, the companies they work for have no business giving them golden parachutes to reward failure.

-Bill, otherwise known as Kraichgauer


A contract is a contract, is a contract....

If the companies made a contract with people, they are obligated to follow it. If you are referring to the people whose companies got the bailouts. You can thank Turbo tax cheat Tim Geitner.



Kraichgauer
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06 Dec 2011, 3:21 am

Inuyasha wrote:
Kraichgauer wrote:
Regardless, the companies they work for have no business giving them golden parachutes to reward failure.

-Bill, otherwise known as Kraichgauer


A contract is a contract, is a contract....

If the companies made a contract with people, they are obligated to follow it. If you are referring to the people whose companies got the bailouts. You can thank Turbo tax cheat Tim Geitner.


I was not referring to Geitner - who's just a Wall Street whore, as far as I'm concerned.
The whole problem with golden parachutes has to do with those damn contracts. If corporate America seriously wants to win the respect of the people again, then they have to make it clear to their executives, if they fail on the job, then they're out the door with only a kick in the ass for the trouble they've caused.
And why is it that it's a must to honor the contracts of executives, but it's alright to screw over workers, despite contractual agreements?

-Bill, otherwise known as Kraichgauer



Dox47
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06 Dec 2011, 1:57 pm

Kraichgauer wrote:
I was not referring to Geitner - who's just a Wall Street whore, as far as I'm concerned.
The whole problem with golden parachutes has to do with those damn contracts. If corporate America seriously wants to win the respect of the people again, then they have to make it clear to their executives, if they fail on the job, then they're out the door with only a kick in the ass for the trouble they've caused.
And why is it that it's a must to honor the contracts of executives, but it's alright to screw over workers, despite contractual agreements?

-Bill, otherwise known as Kraichgauer


Why do you care what people make when you'd aren't paying for it? I could care less if a private firm wants to reward incompetence, but I have a real problem when it's done at taxpayer expense. If you truly believe what you're saying, you should be equally outraged at overcompensation in the public and/or blue collar sectors, while you seem selectively outraged by white collar salaries that aren't even remotely at your expense. Now I could see outrage if you've got a bailout situation where the state puts money into a business, but ideally that shouldn't be happening at all and when it does it tends to fall under the rubric of crony capitalism, which you'll find few defenders of.


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Inuyasha
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06 Dec 2011, 3:55 pm

Dox47 wrote:
Kraichgauer wrote:
I was not referring to Geitner - who's just a Wall Street whore, as far as I'm concerned.
The whole problem with golden parachutes has to do with those damn contracts. If corporate America seriously wants to win the respect of the people again, then they have to make it clear to their executives, if they fail on the job, then they're out the door with only a kick in the ass for the trouble they've caused.
And why is it that it's a must to honor the contracts of executives, but it's alright to screw over workers, despite contractual agreements?

-Bill, otherwise known as Kraichgauer


Why do you care what people make when you'd aren't paying for it? I could care less if a private firm wants to reward incompetence, but I have a real problem when it's done at taxpayer expense. If you truly believe what you're saying, you should be equally outraged at overcompensation in the public and/or blue collar sectors, while you seem selectively outraged by white collar salaries that aren't even remotely at your expense. Now I could see outrage if you've got a bailout situation where the state puts money into a business, but ideally that shouldn't be happening at all and when it does it tends to fall under the rubric of crony capitalism, which you'll find few defenders of.


I honestly doubt he is outraged by the overcompensation of public sector employees.



blauSamstag
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06 Dec 2011, 4:33 pm

Dox47 wrote:
Kraichgauer wrote:
I was not referring to Geitner - who's just a Wall Street whore, as far as I'm concerned.
The whole problem with golden parachutes has to do with those damn contracts. If corporate America seriously wants to win the respect of the people again, then they have to make it clear to their executives, if they fail on the job, then they're out the door with only a kick in the ass for the trouble they've caused.
And why is it that it's a must to honor the contracts of executives, but it's alright to screw over workers, despite contractual agreements?

-Bill, otherwise known as Kraichgauer


Why do you care what people make when you'd aren't paying for it? I could care less if a private firm wants to reward incompetence, but I have a real problem when it's done at taxpayer expense. If you truly believe what you're saying, you should be equally outraged at overcompensation in the public and/or blue collar sectors, while you seem selectively outraged by white collar salaries that aren't even remotely at your expense. Now I could see outrage if you've got a bailout situation where the state puts money into a business, but ideally that shouldn't be happening at all and when it does it tends to fall under the rubric of crony capitalism, which you'll find few defenders of.


Executive compensation is funded at the expense of the working class.

This is why working class wages have been held down for 30 years while executive compensation has ballooned past all reason.



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07 Dec 2011, 12:15 am

Inuyasha wrote:
Kraichgauer wrote:
Inuyasha wrote:
Kraichgauer wrote:

What's wrong with getting a job with great pay, regardless if it's private or public sector?
Does anyone tell business people that they can't earn good money for any particular reason?

-Bill, otherwise known as Kraichgauer


So $787,000 a year for a city manager is a perfectly reasonable salary?

http://latimesblogs.latimes.com/lanow/2 ... -says.html


I thought we were talking about janitors.

-Bill, otherwise known as Kraichgauer


This is not Radef's first appearance in the news. An 8-year-old New York Daily News report, which may now need to be appended with a major asterisk, listed Radef as the fourth highest paid janitor in the New York City school system. Working at Middle School 158 in Queens, Radef was earning an annual salary of $170,145. The 10 janitors then making over $160,000 were then making more than all city officials, other than schools Chancellor Joel Klein and his First Deputy Diana Lam. The high salaries were a result of a contract negotiated by the members of Local 891 that allowed the janitors to collect two salaries at once.
http://jobs.aol.com/articles/2011/08/24/janitors-accused-of-stealing-hundreds-of-thousands-from-new-york/

Yes, that's more than a janitor should probably make. However, from your own quote, these janitors were making at least twice the normal salary AND they're being accused of theft for doing so. Once again, you've found some rare bad people who abused the system and want to use their example to punish everyone else.

Some people abuse Medicare and Social Security terribly; should my widowed grandmother have her chemo and monthly SS cut off because of that?



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07 Dec 2011, 12:18 am

Dox47 wrote:
Kraichgauer wrote:
I was not referring to Geitner - who's just a Wall Street whore, as far as I'm concerned.
The whole problem with golden parachutes has to do with those damn contracts. If corporate America seriously wants to win the respect of the people again, then they have to make it clear to their executives, if they fail on the job, then they're out the door with only a kick in the ass for the trouble they've caused.
And why is it that it's a must to honor the contracts of executives, but it's alright to screw over workers, despite contractual agreements?

-Bill, otherwise known as Kraichgauer


Why do you care what people make when you'd aren't paying for it? I could care less if a private firm wants to reward incompetence, but I have a real problem when it's done at taxpayer expense. If you truly believe what you're saying, you should be equally outraged at overcompensation in the public and/or blue collar sectors, while you seem selectively outraged by white collar salaries that aren't even remotely at your expense. Now I could see outrage if you've got a bailout situation where the state puts money into a business, but ideally that shouldn't be happening at all and when it does it tends to fall under the rubric of crony capitalism, which you'll find few defenders of.


Because most of us ARE paying for it. We pay higher taxes because they pay lower taxes; we have lower wages (or are laid off) because they have higher ones. They raid our pensions to fund their own, and then they use half the money to buy off congress to make it all legal.



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07 Dec 2011, 3:32 am

LKL wrote:
Dox47 wrote:
Kraichgauer wrote:
I was not referring to Geitner - who's just a Wall Street whore, as far as I'm concerned.
The whole problem with golden parachutes has to do with those damn contracts. If corporate America seriously wants to win the respect of the people again, then they have to make it clear to their executives, if they fail on the job, then they're out the door with only a kick in the ass for the trouble they've caused.
And why is it that it's a must to honor the contracts of executives, but it's alright to screw over workers, despite contractual agreements?

-Bill, otherwise known as Kraichgauer


Why do you care what people make when you'd aren't paying for it? I could care less if a private firm wants to reward incompetence, but I have a real problem when it's done at taxpayer expense. If you truly believe what you're saying, you should be equally outraged at overcompensation in the public and/or blue collar sectors, while you seem selectively outraged by white collar salaries that aren't even remotely at your expense. Now I could see outrage if you've got a bailout situation where the state puts money into a business, but ideally that shouldn't be happening at all and when it does it tends to fall under the rubric of crony capitalism, which you'll find few defenders of.


Because most of us ARE paying for it. We pay higher taxes because they pay lower taxes; we have lower wages (or are laid off) because they have higher ones. They raid our pensions to fund their own, and then they use half the money to buy off congress to make it all legal.


To be blunt, I would think a manager should be making more money than you LKL, cause they have to be able to do your job, as well as jobs that you can't do.